View Annual Report

2019 Annual Report Community Matters.

GreatWesternBank.com Investing in our People, Community, Customers and Shareholders Pikes Peak Habitat for Humanity El Paso County Colorado Springs, Colorado

(Photo: Left to Right) Kris Medina, Dave Warner, and Iain Probert Community Matters. Hope Matters.

“We’re proud of our relationship with Great Western Bank and fortunate to have this partnership. Employees and bank administration have been incredibly supportive of Habitat for Humanity in El Paso County, Colorado.” – Iain Probert.

Pikes Peak Habitat for Humanity shares more than “I truly appreciate Great Western Bank’s community just a motto with Great Western Bank – Making Life activism in that Great Western Bank staff can volunteer Great – they share a passion for helping people in their with organizations and help build the community community. up while appreciating the results of their individual efforts from beyond their desks, as well as seeing their Since 1986, Pikes Peak Habitat for Humanity has assisted employer’s willingness to take action,” said Medina. 169 families achieve homeownership in El Paso County, Colorado. But their impact doesn’t stop once the home is Affordable housing is an immense need with a large built. In 2019, Pikes Peak Habitat homeowners paid a total impact on El Paso County. With a county population of $94,000 in El Paso County property taxes. of 700,000, just over 75,000 people live at or below the poverty line. Numbers like this illustrate why Habitat is “We really believe that sharing values with our business so important. In addition to the volunteer hours it takes partners enhances our relationship,” said Pikes Peak to build a home, each adult on the title of the home Habitat Executive Director/CEO Kris Medina. “We have must invest 200 hours of sweat equity as part of the known Dave Warner for years and he’s served on our Habitat program. board since 2002. The trust we have in Dave plus the competitive rates Great Western Bank was able to offer “We couldn’t do it without partners like Great Western us made the banking relationship an easy decision.” Bank,” said Iain Probert, Pikes Peak Habitat’s Director of Development. “We’re grateful to them and their Dave Warner, Great Western Bank Market President, employees, their generosity of time, treasure and talent – agrees. “I know the business very well, having served on talent of not only volunteering on the construction site the Habitat board for the past 12 years, most recently as but the talent of the employees that sit on our Board of Immediate Past President. I really appreciate the synergy Directors and our committees.” we have as we work towards their goals – because Great Western Bank shares a lot of the same interests Pikes Peak Habitat for Humanity was a recipient of a when it comes to serving our communities. It’s an easy Making Life Great Grant in 2017 and 2019. partnership because we share the same vision.”

Great Western Bank works with our community partners to find solutions to unique problems across our nine-state footprint. Our Making Life Great Grants program was designed to provide funding for innovative programs that enhance the quality of life and target key initiatives such as financial literacy, workforce development and affordable housing. In 2018, we doubled our commitment to this initiative reflecting a long-term expansion in our ability to invest in and revitalize our communities for years to come. To Our Stockholders:

“Now is a great time to get out and give back to the communities where we work and live. This is Making Life Great in the most meaningful of ways.”

Ken Karels – Chairperson, President & Chief Executive Officer

I am very proud of what the team has achieved during return on equity, return on assets and net income. the 2019 fiscal year. This is my ninth year as Chief (See Figure C) Executive Officer at Great Western Bank and the ninth consecutive year we have achieved record profits. We’re We ended fiscal year 2019 with over $12.8 billion in especially proud of our growth and profitability over total assets, including $9.7 billion in total loans. Our the five years since our Initial Public Offering. For FY19, loan portfolio grew over 3 percent for the year in an both our diluted earnings per share and adjusted diluted environment where many of our agricultural customers earnings per share (EPS)1 were $2.92, over a 53 percent were operating in a challenging environment. This increase from FY15, compared to peer average growth of shows the diversity and strength of our 175-branch 44.6 percent over the same period.2 Our book value per network. Deposits ended the year at $10.3 billion, which share was $33.76 as of September 30 while our tangible is an increase of 5.8 percent, as our retail team and book value (TBV)1 was $22.52, representing a compound bankers focused on ensuring we maintained a strong annual growth rate of 10.6 percent versus a peer average and stable funding base. of 6.4 percent.2 Net income1 over this same time period We will continue to look to grow our business both reflected significant growth with 11.3 percent compound organically and inorganically through acquisition. As annual growth rate. We feel these are indicators of our a public company, it is important to carefully manage Company’s profitability and are important measures of and add value to our shareholder’s capital. Therefore, our management team’s performance. (See Figures A & B) we will continue to actively look at other institutions For fiscal year 2019, we were again able to deliver to acquire, as we did extensively throughout 2019, and significant year-over-year growth, including a 6.0 percent proceed only when we believe pricing provides good increase in net income and a 9.4 percent increase in value for our shareholders. diluted earnings per share1. On an organic basis, we continue to look to expand into I am proud of the investment we have made in our new markets and hire talent in existing markets where business to ensure we have very strong risk management we feel there is room to grow. We have approximately practices to keep the bank safe and also provide the 199 business and agri-business relationship bankers as of infrastructure required to support our future growth plans. September 30 with average industry experience of over 14 years when hired. We will continue to look for other To accommodate the additional investment in risk opportunities where we can recruit strong, experienced management, we have continued to look for ways to bankers to successfully develop the Great Western Bank streamline our processes and run our business more brand in both new and existing markets. In 2019, we also efficiently. Through this work from the team, our opened new branches in North Scottsdale, Arizona and efficiency ratio for the year was 45.8 percent, which Cedar Rapids, Iowa. remains peer-leading. We believe our ongoing focus on efficiency in all aspects of our business remains a core For our customers, we continue to invest in our online skill within the organization and a competitive advantage technology to ensure that our business and consumer in our industry. This has contributed significantly to our customers have access to technology that is very competitive with others in the industry. We continually Key Figures: track Apple and Android reviews as well as social media comments to ensure we stay responsive to our customers’ needs as more customers chose to interact (Figure A) with us in this way. Diluted EPS Growth $2.92 I am very proud of the commitment our employees $2.90 $3.00 53.7% 53.7% show to their communities. We have employees $2.80 $2.60 $2.46 donate many hours of their own time to help improve $2.42 $2.40 $2.31 the communities that serve us so well. Also, as a 44.6% $2.20 $1.83 $2.07 company we have again increased our commitment $2.00 $1.90 $1.71 $1.80 to the community with our donations increasing $1.67 14 percent over the prior year. $1.60 $1.40 $1.20 I am very pleased with the performance of our bank $1.00 FY15 FY16 FY17 FY18 FY19 over the last year with many of our performance Great Western Bancorp, Inc. Adj (1) Great Western Bancorp, Inc. Peer Group Average (2) metrics peer-leading. It’s been very good teamwork to continue our growth in a disciplined manner in a very competitive environment. I appreciate the support I have from an experienced management team, all our (Figure B) employees and our Board. I am pleased to report that 1 TBV Per Share Accretion 11% (3) Great Western Bancorp, Inc. delivered peer-leading 160.00 financial performance in fiscal year 2019 and is well- 150.00 positioned for long-term growth. 140.00

130.00 6% (3) Sincerely, 120.00

110.00

100.00

90.00

Ken Karels 4QFY20151QFY20162QFY20163QFY20164QFY20161QFY20172QFY20173QFY20174QFY20171QFY20182QFY20183QFY20184QFY20181QFY20192QFY20193QFY2019

Chairperson, President & Chief Executive Officer Great Western Bancorp, Inc. Peer Group Average (2)

(Figure C)

Earnings Growth and Efficiency

$172 $167 $14 View our 2019 Interactive Annual Report $145 $158 $131 at www.GreatWesternBank.com/2019. $10 $109 $121

1 This is a non-GAAP financial measure we believe is helpful to 50% 48% 47% 47% 46% interpreting our financial results. For more information on this non-GAAP financial measure, see “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations— Non-GAAP Financial Measures” and for a reconciliation to the most directly comparable GAAP financial measure, see ”—Non-GAAP FY15 FY16 FY17 FY18 FY19 Financial Measures Reconciliations”. (1) (1) 2 See appendix for Peer Group listing; data sourced from S&P Global Net Income ($MM) Adj. Net Income ($MM) Efficiency Ratio Market Intelligence. 3 Compound Annual Growth Rate over 5 years. Financial Highlights

At and for the fiscal years ended September 30, 2019, 2018 and 2017

(Dollars in thousands except per share amounts) 2019 2018 2017 Operating Data: Interest income (FTE) $ 548,760 $ 488,434 $ 443,114 Interest expense 122,209 74,000 45,320 Noninterest income 60,732 73,609 63,214 Noninterest expense 224,898 231,425 216,643 Provision for loan and lease losses 40,947 17,986 21,539 Net income 167,365 157,916 144,786 Adjusted net income1 167,365 171,502 145,226 Earnings per common share - diluted $ 2.92 $ 2.67 $ 2.45 Adjusted earnings per common share - diluted1 2.92 2.90 2.46 Performance Ratios: Net interest margin (FTE)1 3.74% 3.89% 3.90% Adjusted net interest margin (FTE)1 3.74% 3.84% 3.76% Return on average total assets 1.33% 1.34% 1.27% Return on average common equity 9.1% 8.8% 8.5% Return on average tangible common equity1 15.3% 15.3% 15.4% Efficiency ratio1 45.8% 47.1% 46.5% Balance Sheet Highlights: Total assets $ 12,788,301 $ 12,116,808 $ 11,690,011 Loans2 9,706,763 9,415,924 8,968,553 Deposits 10,300,339 9,733,499 8,977,613 Stockholders’ equity 1,900,249 1,840,551 1,755,000 Capital: Tier 1 capital ratio 11.7% 12.0% 11.4% Total capital ratio 12.7% 13.0% 12.5% Tier 1 leverage ratio 10.1% 10.7% 10.3% Common equity tier 1 ratio 11.0% 11.3% 10.7% Tangible common equity / tangible assets1 9.6% 9.6% 9.2% Tangible book value per share1 $ 20.52 $ 18.57 $ 17.11 Asset Quality: Nonaccrual loans $ 107,191 $ 143,206 $ 138,312 Other repossessed property 36,764 23,074 8,985 Nonaccrual loans / total loans 1.10% 1.52% 1.54% Net charge-offs (recoveries) / average total loans 0.36% 0.18% 0.26% Allowance for loan and lease losses / total loans 0.73% 0.69% 0.71%

1 This is a non-GAAP financial measure we believe is helpful to interpreting our financial results. For more information on this non-GAAP financial measure, see “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations—Non-GAAP Financial Measures” and for a reconciliation to the most directly comparable GAAP financial measure, see ”—Non-GAAP Financial Measures Reconciliations”. 2 Loans include unpaid principal balance net of unamortized discount on acquired loans and unearned net deferred fees and costs and loans in process. Our Leadership

Great Western Bank Leadership Team

Ken Karels Doug Bass Peter Chapman Michael Doyle Karlyn Knieriem Chairperson, Executive VP & Executive VP & CFO Interim CCO Executive VP & CRO President & CEO COO

Scott Erkonen Bart Floyd Gail Grant Tim Kintner Andy Pederson Chris Wiedenfeld CIO Regional President Regional President Regional President Head of People Regional President & Culture and Learning & Corporate Secretary Development

Donald J. Straka General Counsel

Pamela Russo Assistant Corporate Secretary

Board of Directors

Ken Karels James Brannen Frances Grieb Thomas Henning Chairperson, Lead Independent President & CEO Director

James Israel Stephen Lacy Daniel Rykhus James Spies Appendix

Peer Group 1. BancorpSouth Bank 8. First BanCorp. 15. TCF Financial Corporation 2. Banner Corporation 9. First Midwest Bancorp, Inc. 16. Trustmark Corporation 3. Berkshire Hills Bancorp, Inc. 10. Fulton Financial Corporation 17. UMB Financial Corporation 4. Columbia Banking System, Inc. 11. Glacier Bancorp, Inc. 18. United Bankshares, Inc. 5. Community Bank System, Inc. 12. Heartland Financial USA, Inc. 19. United Community Banks, Inc. 6. Customers Bancorp, Inc. 13. Old National Bancorp 7. CVB Financial Corp. 14. Renasant Corporation Form 10-K

For the fiscal year ended September 30, 2019

+$ *)**) )+( * )$.$%## )) %$ -0B78=6C>= %(# !

->7":1

$$+"(&%(*&+()+$**%)* %$ %( 3%*)+( * ).$*% >AC748B20;/40A4=343)4?C4<14A %(

*($) * %$(&%(*&+()+$**%)* %$ %( 3%*)+( * ).$*% >AC74CA0=B8C8>=?4A8>35A> ><<8BB8>=8;4$D<14A A40C-4BC4A=0=2>A? =2 D-/@:-91;2>135?@>-:@-??<1/525105:5@?/4->@1> 4;0F0A4 &@-@1;>;@41>6A>5?05/@5;:;2 %&9<8;E1> 5:/;><;>-@5;:;>;>3-:5F-@5;: 01:@525/-@5;:!A9.1>

)>DC7#08=E4=D4 )8>DG0;;B )>DC70:>C0 00>1??;2<>5:/5<-81D1/A@5B1;225/1? ,5<;01 %135?@>-:@H?@181<4;:1:A9.1>5:/8A05:3->1-/;01

)42DA8C84BA468BC4A43?DABD0=CC>)42C8>= 1>5C742C />IA:D;:68=8A6HH /G69>C<.NB7DAH )6B:D;:68=:M8=6C<:DCL=>8=G:<>HI:G:9 ><<>=)C>2: ?0AE0;D4?4AB70A4 - $4F/>A:)C>2:G270=64

)42DA8C84BA468BC4A43?DABD0=CC>)42C8>= 6>5C742C $>=4

$C9>86I:7N8=:8@B6G@>;I=:G:<>HIG6CI>H6L:AA @CDLCH:6HDC:9>HHJ:G 6H9:;>C:9>C-JA:D;I=:.:8JG>I>:H8I 4:H)D

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

'6G<:688:A:G6I:9;>A:G 88:A:G6I:9;>A:G )DC 688:A:G6I:9;>A:G .B6AA:GG:EDGI>C<8DBE6CN B:G<>C<C<C9>86I:7N8=:8@B6G@>;I=:G:<>HIG6CI=6H:A:8I:9CDIIDJH:I=::MI:C9:9IG6CH>I>DCE:G>D9;DG8DBEAN>CI=6CNC:LDGG:K>H:9;>C6C8>6A 688DJCI>C9:9EJGHJ6CIID.:8I>DC6D;I=: M8=6C<:8I

$C9>86I:7N8=:8@B6G@L=:I=:GI=:G:<>HIG6CI>H6H=:AA8DBE6CN6H9:;>C:9>C-JA:7 D;I=: M8=6C<:8I 4:H )D /=:6<CA>6I:HD;I=:G:<>HIG6CI6HD;(6G8= L6H

HD;)DK:B7:G I=:CJB7:GD;H=6G:HD;I=:G:<>HIG6CIVHDBBDC.ID8@DJIHI6C9>C

%+#$*) $%(&%(*/(($ +DGI>DCH D; I=: G:<>HIG6CIVH 9:;>C>I>K: EGDMN HI6I:B:CI ;DG I=: 6CCJ6A B::I>C< D; H=6G:=DA9:GH ID 7: =:A9 DC !:7GJ6GN 6C9 ID 7: ;>A:9 EJGHJ6CI ID -:DC L>I=>C 96NH 6;I:G I=: G:<>HIG6CIVH ;>H86A N:6G :C9:9 .:EI:B7:G 6G: >C8DGEDG6I:9 7N G:;:G:C8: JC9:G +6GI $$$ (*-)*($$%(& $ $$+"(&%(*%$%(# ! *"%%$*$*)

3+')/*-4)*/ 0/$*)-4)*/ - "- $)"!*-2- '**&$)".// ( )/. +-/$ $I:B JH>C:HH $I:B ->H@!68IDGH $I:B 0CG:HDAK:9.I6;;DBB:CIH $I:B +GDE:GI>:H $I:B ':<6A+GD8::9>CC:.6;:IN >H8ADHJG:H +-/$$ $I:B (6G@:I;DG-:<>HIG6CIHDBBDC FJ>IN -:A6I:9.ID8@=DA9:G(6II:GH6C9$HHJ:G+JG8=6H:HD; FJ>IN.:8JG>I>:H $I:B .:A:8I:9!>C6C8>6A 6I6 $I:B (6C6<:B:CIH >H8JHH>DC6C9C6ANH>HD;!>C6C8>6ADC9>I>DC6C9-:HJAIHD;*E:G6I>DCH $I:B ,J6CI>I6I>K:6C9,J6A>I6I>K: >H8ADHJG:H7DJI(6G@:I->H@ $I:B !>C6C8>6A.I6I:B:CIH6C9.JEEA:B:CI6GN 6I6 $I:B =6C<:H>C6C9 >H6I=88DJCI6CIHDC88DJCI>C<6C9!>C6C8>6A >H8ADHJG: $I:B DCIGDAH6C9+GD8:9JG:H $I:B *I=:G$C;DGB6I>DC +-/$$$ $I:B >G:8IDGH M:8JI>K:*;;>8:GH6C9DGEDG6I:"DK:GC6C8: $I:B M:8JI>K:DBE:CH6I>DC $I:B .:8JG>IN*LC:GH=>ED;:GI6>C:C:;>8>6A*LC:GH6C9(6C6<:B:CI6C9-:A6I:9.ID8@=DA9:G(6II:GH $I:B :GI6>C-:A6I>DCH=>EH6C9-:A6I:9/G6CH68I>DCH6C9 >G:8IDG$C9:E:C9:C8: $I:B +G>C8>E6A88DJCI6CI!::H6C9.:GK>8:H +-/$1 $I:B M=>7>IH6C9!>C6C8>6A.I6I:B:CI.8=:9JA:H .$")/0- .

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

Q8=0=280;G:;:GHID#!!>C6C8>6ADGEDG6I>DC Q+G:;:GHIDI=:0 . :E6GIB:CID;#DJH>C<6C90G76C :K:ADEB:CI Q (G:;:GHID6C>C9>K>9J6AG:I>G:B:CI688DJCI Q ()G:;:GHIDI=:$CI:GC6A-:K:CJ:.:GK>8: Q" %(G:;:GHID'DC9DC$CI:G76C@*;;:G:9-6I: 6C9>H67:C8=B6G@>CI:G:HIG6I:>C9:M;DGK6G>DJH 69?JHI67A: G6I:EGD9J8IH Q#()G:;:GHIDI=:(DGI<6<: A:8IGDC>8-:<>HIG6I>DC.NHI:BH $C8 Q$G:;:GHID)6I>DC6AJHIG6A>66C@'>B>I:9 6CJHIG6A>6CEJ7A>88DBE6CNI=6IL6HDJGJAI>B6I:E6G:CI 8DBE6CNEG>DGIDDJG>C>I>6AEJ7A>8D;;:G>C<>C*8ID7:G6C9 JCI>A%JAN DJGEG>C8>E6AJAI>B6I: HID8@=DA9:G Q$G:;:GHID)6I>DC6AB:G>86H#DA9>CB>I:9A>67>A>IN8DBE6CN;DGB:9>C7N )ID;68>A>I6I:)VHEJG8=6H:D;DJG6C@ Q$/)G:;:GHIDI=:):L4DG@.ID8@ M8=6C<: Q%G:;:GHIDI=:*;;>8:D;!DG:>H@E6GI>8>E6I>DC687JH>C:HHH:GK>8:HD;DJG6C@ Q)8E8B8>=>50=:8=6G:;:GHIDI=: >K>H>DCD;6C@>CDC Q)G:;:GHIDI=:.:8JG>I>:H6C9 M8=6C<:DBB>HH>DC Q)42DA8C84B2CG:;:GHIDI=:.:8JG>I>:H8ID; Q*0G(45>A<2CG:;:GHIDI=:/6MJIH6C9%D7H8ID; Q*(G:;:GID6IGDJ7A:99:7IG:HIGJ8IJG>C< Q+)&*( %*2CG:;:GHIDI=:0C>I>C<6C9.IG:CC<B:G>867N+GDK>9>C<EEGDEG>6I:/DDAH -:FJ>G:9ID$CI:G8:EI6C9*7HIGJ8I/:GGDG>HB8ID;6C9 Q, G:;:GHID6K6G>67A:>CI:G:HI:CI>IN

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

Q DJG67>A>INID:;;:8I>K:AN:M:8JI:DJGHIG6I:<>8EA6C6C9B6C6<:DJGA>INIDHJ88:HH;JAANB6C6<:DJG8G:9>IG>H@6C9I=:HJ;;>8>:C8ND;DJG6AADL6C8:;DGAD6C6C9A:6H:ADHH Q DJG67>A>INID9:K:ADE6C9:;;:8I>K:ANJH:I=:FJ6CI>I6I>K:BD9:AHL:G:ANJEDC>CDJG7JH>C:HH Q EDHH>7A:8=6C<:H>CIG69: BDC:I6GN6C9;>H86AEDA>8>:HD; 6C9DI=:G68I>K>I>:HJC9:GI6@:C7N :H 8:CIG6A76C@H6C9H>B>A6GDG<6C>O6I>DCH >C8AJ9>C6AC:<6I>K::;;:8IHD;>BEDH:96C9 EGDEDH:9I6G>;;H6C9G:I6A>6IDGNI6G>;;HDCEGD9J8IHI=6IDJG8JHIDB:GHB6N>BEDGIDG:MEDGI >C8AJ9>C<6BDC< DI=:GH 68JAIJG6AEGD9J8IH Q DJG67>A>INID:;;:8I>K:AN8DBE:I:L>I=DI=:G;>C6C8>6AH:GK>8:H8DBE6C>:H6C9I=::;;:8IHD;8DBE:I>I>DC>CI=: ;>C6C8>6AH:GK>8:H>C9JHIGNDCDJG7JH>C:HH Q DE:G6I>DC6AG>H@HDGG>H@B6C6<:B:CI;6>AJG:H7NJHDG8G>I>86AI=>G9E6GI>:H >C8AJ9>CI=DJIA>B>I6I>DCL>I= G:HE:8IID96I6EGD8:HH>C< >C;DGB6I>DCHNHI:BH 8N7:G H:8JG>IN I:8=CDAD<>86A8=6C<:H K:C9DGEGD7A:BH 7JH>C:HH>CI:GGJEI>DC6C9;G6J9G>H@H Q ;AJ8IJ6I>DCH>CI=:K6AJ:HD;DJG6HH:IH6C9A>67>A>I>:H6C9D;; 76A6C8:H=::I:MEDHJG:H Q JC6CI>8>E6I:98=6C<:H>CDJGA>FJ>9>INEDH>I>DC >C8AJ9>C<7JICDIA>B>I:9ID8=6C<:H>CDJG688:HHIDHDJG8:HD; A>FJ>9>IN6C986E>I6AID699G:HHDJGA>FJ>9>INC::9H Q EDHH>7A:>BE6>GB:CID;DJGAA6C9DI=:G>CI6C<>7A:6HH:IH DG6CN69?JHIB:CID;I=:K6AJ6I>DCD;DJG 9:;:GG:9I6M6HH:IH Q I=::;;:8IHD;<:DEDA>I>86A>CHI67>A>IN >C8AJ9>CHI6II68@H6C9B6C B69:6C9C6IJG6A9>H6HI:GH HD8>6A >CHI67>A>IN6C98=6C<:H>C8>:H Q I=::;;:8IHD;69K:GH:L:6I=:G8DC9>I>DCH E6GI>8JA6GANDCDJG68JAIJG6A7DGGDL:GH Q I=:>BE68ID; 6C98=6C<:H>C6EEA>867A:A6LH G:DCH6C9688DJCI>C8>:H6C9>CI:GEG:I6I>DCH >C8AJ9>CBE68ID;I=:/6M-:;DGB8I Q A:<6A 8DBEA>6C8:6C9G:EJI6I>DC6AG>H@H >C8AJ9>CI><6I>DC6C9G:H@H Q DJG>C67>A>INIDG:8:>K:9>K>9:C9H;GDBDJG6C@6C9IDH:GK>8:9:7I E6N9>K>9:C9HIDDJG8DBBDCHID8@=DA9:GH 6C9H6I>H;ND7A><6I>DCH6HI=:N7:8DB:9J: Q :ME:8I:98DHIH6K>CC8DCC:8I>DCL>I=I=:8DCHDA>96I>DCD;G:8:CI68FJ>H>I>DCHB6NCDI7:;JAANG:6A>O:9DG G:6A>O:9L>I=>CI=::ME:8I:9I>B:;G6B:H 6C99:EDH>I6IIG>I>DC 8JHIDB:GADHH6C9G:K:CJ:ADHH;DAADL>C< 8DBEA:I:968FJ>H>I>DCHB6N7:A>INIDB::IDJGD7A><6I>DCH6H6EJ7A>88DBE6CN >C8AJ9>C<6I>DCHJC9:G.:8I>DCD;I=: .6G76C:H *MA:N8IIDB6>CI6>C6C:;;:8I>K:HNHI:BD;>CI:GC6A8DCIGDADK:G;>C6C8>6AG:EDGI>C< /=:;DG:C<;68IDGHH=DJA9CDI7:8DCH>9:G:96C:M=6JHI>K:A>HI6C9H=DJA97:G:69ID<:I=:GL>I=I=:DI=:G86JI>DC6GN HI6I:B:CIH>C8AJ9:9>CI=>HCCJ6A-:EDGIDC!DGB & $;DC:DGBDG::K:CIHG:A6I:9IDI=:H:DGDI=:GG>H@HDGJC8:GI6>CI>:H B6I:G>6A>O: DG>;DJGJC9:GAN>C<6HHJBEI>DCHEGDK:ID7:>C8DGG:8I 68IJ6AG:HJAIHB6N9>;;:GB6I:G>6AAN;GDBL=6IL:6CI>8>E6I: 88DG9>C6C8:DC6CN;DGL6G9 ADD@>CC:9>CI=>HCCJ6A-:EDGIDC!DGB & CN;DGL6G9 ADD@>C8=>I>HB69: 6C9L:9DCDIJC9:GI6@:6CND7A><6I>DCID JE96I:DGG:K>:L6CN;DGL6G9 ADD@>CG8JBHI6C8:HD88JGG>C<6;I:GI=:96I:DCL=>8=I=:HI6I:B:CI >HB69:DGIDG:;A:8II=:D88JGG:C8:D;JC6CI>8>E6I:9:K:CIH

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

2:;D8JHDC7JH>C:HH76C@>C< 8DBEA:B:CI:97NDJG6 7JH>C:HH76C@>C< G:I6>A76C@>C<6C9L:6AI=B6C6<:B:CI H:GK>8:H *JGAD6CEDGI;DA>D8DCH>HIHB6>CAND;7JH>C:HHAD6CH 8DBEG>H:9D;- AD6CH6C98DBB:G8>6ACDC G:6A:HI6I:AD6CH L=>8=8DAA:8I>K:AN688DJCI:9;DG D;DJGAD6CEDGI;DA>D6C96 7JH>C:HHAD6CH L=>8=688DJCI:9;DG D;DJGIDI6AAD6C EDGI;DA>D6I.:EI:B7:G $C699>I>DC D;DJG6<DL6HEG>B6G>ANH:8JG:97N>CI:G:HIH>CG:6A :HI6I:EG:9DB>C6CIANAD86I:9>CI=:HI6I:H>CL=>8=L:DE:G6I: >C8AJ9>C< D;- AD6CH D;68JAIJG:G:6A:HI6I: AD6CH6C9 D;G:H>9:CI>6AG:6A:HI6I:AD6CH $C699>I>DC HDB:D;DJGDI=:GA:C9>CDC6AAN>CKDAK:HI6@>CB6GNDGH:8DC96GN8DAA6I:G6A 2:D;;:GHB6AA6C9B>9 H>O:97JH>C:HH:H6;D8JH:9HJ>I:D;;>C6C8>6AEGD9J8IH6C9=6K: :HI67A>H=:9HIGDCDCH=>EH68GDHH69>K:GH>;>:9G6C<:D;H:8IDGH >C8AJ9>C<@:N6G:6HHJEEDGI>CDC6AI6A>INIDJG>HB 6 7JH>C:HHH:GK>8:H ;G:><=I6C9IG6CHEDGI6C9=:6AI=86G: 2:=6K:9:K:ADE:9:MI:CH>K::ME:GI>H:>C- 6C96 7JH>C:HHA:C9>C< L=>8=H:GK:HILDD;I=:BDHIEGDB>C:CI>C9JHIG>:H68GDHHDJGB6G@:IH 6C9L:D;;:G6K6G>:IND; ;>C6C8>6AH:GK>8:H9:H>;>8C::9HD;HJ8=8JHIDB:GH 2:6AHDEGDK>9:6G6C<:D;9:EDH>I6C9AD6CEGD9J8IHID DJGG:I6>A8JHIDB:GHI=GDJ<=H:K:G6A8=6CC:AH >C8AJ9>CC:76C@>CA:76C@>C<6EEA>86I>DCH 6C98JHIDB:G86G:8:CI:GH $CDJGL:6AI=B6C6<:B:CI7JH>C:HH L:H::@ID:ME6C9DJGEG>K6I:76C@>C< ;>C6C8>6AEA6CC>C< >CK:HIB:CIB6C6<:B:CI6C9>CHJG6C8:DE:G6I>DCHID7:II:GEDH>I>DCJHID86EIJG:6C>C8G:6H:9H=6G:D;I=:7JH>C:HHD;B6C6<>C< I=:EG>K6I:L:6AI=D;B6CND;DJG7JH>C:HH6C96 7JH>C:HH8JHIDB:GH

*JG76C@>CC<67><:CDJ<=6C96HB6AA:CDJ<=76C@ EGDK>9>C<86E67>A>I>:H INE>86AD;6BJ8=A6G<:G76C@ HJ8=6H9>K:GH>;>:9EGD9J8IHE:8>6A>HIH 8JHIDB>O:976C@>CDCH6C9BJAI>EA:9:A>K:GN 8=6CC:AH L>I=68JHIDB:G ;D8JH:98JAIJG:JHJ6AAN6HHD8>6I:9L>I=HB6AA:G76C@H *JG;D8JHDC76A6C8>CA>I>:HL>I=6 H:GK>8: DG>:CI:98JAIJG:>H:B7:99:9L>I=>CDJGDE:G6I>DCH6C9>H:C=6C8:97N;D8JH>C:H 2:6G:L:AA G:8DO:9L>I=>CDJGB6G@:IH;DGDJGG:A6I>DCH=>E 76H:976C@>C9:H;DGAD86A :;;>8>:CI9:8>H>DCB6@>C< 2: 7:A>:K:L:H:GK:DJG8JHIDB:GH>C6B6CC:GI=6I>HG:HEDCH>K: ;A:M>7A:6C9688:HH>7A: *JGG:A6I>DCH=>E76C@:GHHIG>K:ID7J>A9 9::E ADC< I:GBG:A6I>DCH=>EHL>I=8JHIDB:GH6C9JC9:GHI6C9I=:8JHIDB:GHVHE:8>;>8C::9HID>9:CI>;N6EEGDEG>6I:;>C6C8>6A HDAJI>DCH 2:7:A>:K:L:=6K:7::CHJ88:HH;JA>C6IIG68I>C<8JHIDB:GH6C976C@:GH;GDBA6G<:G8DBE:I>IDGH7:86JH:D;DJG;A:M>7A: 6EEGD68=6C9I=:HE::96C9:;;>8>:C8NL>I=L=>8=L:EGDK>9:76C@>CDCHIDDJG8JHIDB:GHL=>A:B6>CI6>C>C<9>H8>EA>C:9 JC9:GLG>I>C:K:I=6IHI67A:ADC< I:GBI67>A>IN6G:I=:G:HJAID;7J>A9>CDCH=>EHL=>A: B6>CI6>C>C<9>H8>EA>C:9JC9:GLG>I>CCJ>CDC6A:;;>8>:C8N 2:EA6CID;D8JHDC DG><>C6I>C<=><= FJ6A>INAD6CH6C9CI76H:I=GDJ<=DJGG:A6I>DCH=>E 76H:97JH>C:HH6C96 7JH>C:HH76C@>C< 6EEGD68= 2:7:A>:K:I=6I8DCI>CJ>CAA:C67A:JHID<6>CB6G@:IH=6G:6C9>C8G:6H:EGD;>I67>A>IN /=:@:N8DBEDC:CIHD;DJGHIG6I:CJ:9HJ88:HH6C9;JIJG:C8AJ9:I=:;DAADL>C< 553"$5"/%&5"*/*()6"-*5:&-"5*0/4)*1"/,&34 @:N8DBEDC:CID;DJGCDJG:M>HI>CCIDC:LB6G@:IH=6H7::CDJG67>A>INID6IIG68I6C9 G:I6>C=><= FJ6A>ING:A6I>DCH=>E76C@:GH .>C8:*8ID7:G L:=6K::ME6C9:9DJG:M>HI>CCDCD;;>8:HDG7G6C8=:H>CC:LB6G@:IH 2:=6K:6EEGDM>B6I:AN7JH>C:HH6C96 7JH>C:HHG:A6I>DCH=>E76C@:GH6I .:EI:B7:G L>I=6K:G6<:>C9JHIGN:ME:G>:C8:D;DK:GN:6GHL=:C=>G:9 2:7:A>:K:L:=6K:7::CHJ88:HH;JA>C G:8GJ>I>C;>:9G:A6I>DCH=>E76C@:GH9J:EG>B6G>ANIDDJG9:8:CIG6A>O:9B6C6<:B:CI6EEGD68= ;D8JH:9EGD9J8IHJ>I:6C9 ;A:M>7A:6C98JHIDB:G ;D8JH:98JAIJG:L=>A:8DCI>CJ>C9:HDE=>HI>86I:976C@>C<86E67>A>I>:HIDH:GK:DJG8JHIDB:GHV C::9H 2:>CI:C9ID8DCI>CJ:ID=>G::ME:G>:C8:9G:A6I>DCH=>E76C@:GHID:M:8JI:DJGG:A6I>DCH=>E 9G>K:C76C@>CA>O:6K6G>67A:8DBE:CH6I>DCHIGJ8IJG:9:H>C8:CI>K>O:DJG7JH>C:HH6C96 7JH>C:HHG:A6I>DCH=>E76C@:GH7NIN>CG 8DBE:CH6I>DCID7DI=I=:E:G;DGB6C8:D;I=:DBE6CN6C9I=:>G>C9>K>9J6ADK:G6AAE:G;DGB6C8: 2:B:6HJG:>C9>K>9J6A7JH>C:HH 76C@:GE:G;DGB6C8:76H:9DCG:K:CJ: AD6CHDG><>C6I:9 9:EDH>IHG6>H:96C96HH:IFJ6A>ING>H@ 6BDC:K:I=>HHIGJ8IJG::HI67A>H=:HI=:6EEGDEG>6I:>C8:CI>K:HIDH:GK:DJG8JHIDB:GHC::9H B6>CI6>CHIGDC< E:G;DGB6C8:6C9H6I>H;NDJGG>H@B6C6<:B:CID7?:8I>K:H NA:K:G6<>CDCD;DJG:ME:G>:C8:9 G:A6I>DCH=>E76C@:GH L:7:A>:K:L:86C8DCI>CJ:IDD6C99:EDH>I76H:6HL:AA6HD;;:G8JHIDB:GH6G6C<:D; EGD9J8IH6C9H:GK>8:HID;JA;>AAI=:>G;>C6C8>6AC::9H 15*.*;&00513*/5*/9*45*/("/%0.1-&.&/5"3:"3,&54 2:EJGHJ:6IIG68I>K:I>:HID:ME6C9L>I=>CDJG:M>HI>C<;DDIEG>CI6C9:CI:GC:LB6G@:IH6A>I= DJG7JH>C:HHBD9:A6C9HIG6I:<>8EA6CH 2:7:A>:K:L:86C>C8G:6H:DJGEG:H:C8:>CJC9:G G:EG:H:CI:96G:6H>CDJG:M>HI>C< B6G@:IH6C97GD69:CDJG;DDIEG>CI>C6IIG68I>K:B6G@:IH69?68:CI6C98DBEA:B:CI6GNIDDJG8JGG:CIB6G@:IH7N8DCI>CJ>CHDC7JH>C:HH6C96 7JH>C:HH76C@>C< *JG7G6C8=HIG6I:H9:97NDJG67>A>INIDG:8GJ>I:ME:G>:C8:9G:A6I>DCH=>E 76C@:GH>CJC9:G G:EG:H:CI:96C9C:LB6G@:IH 2:INE>86AANDE:C6AD6CEGD9J8I>DCD;;>8:;DGI=:H:76C@:GHID:ME6C9DJG 76C@>CDCH=>EH>CIDI=:H:B6G@:IHEG>DGIDDE:C>C<67G6C8= L=>8=>C8G:6H:HDJGA>@:A>=DD9D;:ME6C9>CI67AN7N 9:K:ADE>C<7JH>C:HH >C8AJ9>C<6C6HH:I76H: >CI=:B6G@:I7:;DG:L::HI67A>H=67G6C8=>CI=6IB6G@:I 2:L>AA8DCI>CJ:ID DEEDGIJC>HI>86AAN8DCH>9:GDE:C>CCI:C9ID86E>I6A>O:DCI>:HL:7:A>:K::M>HI>CC< :8DCDB>:H>C6C969?68:CIIDDJG:M>HI>C:K:I=6IDJGG:EJI6I>DC :ME:GI>H:6C9G:A6I>DCH=>E 76H:976C@>CDCH=>EH L>I=DJG8JHIDB:GH 2:ADD@IDA:K:G6<:DJGG:A6I>DCH=>EHL>I=:M>HI>C<8JHIDB:GH7ND;;:G>C<6G6C<:D;EGD9J8IH6C9H:GK>8:H HJ>I67A:IDI=:>GC::9HHJ8=6HDCA>C:6C9BD7>A:76C@>C<;DG8DCHJB:G8JHIDB:GH 2:=6K:HDJ<=IIDI 76H:7N6IIG68I>CIH;GDBDJG7JH>C:HH6C96 7JH>C:HH8JHIDB:GH 2:D;;:G6AI:GC6I>K:86H=B6C6<:B:CIHDAJI>DCH >CI:C9:9ID=:AEG:I6>C7JH>C:HH8JHIDB:GH 2:H::@ID:ME6C96C9:C=6C8:DJGL:6AI=B6C6<:B:CIEA6I;DGBI=GDJ<=;D8JH:9 EGD9J8ID;;:G>C:K:L>AA6EE:6AIDDJGBDG:6;;AJ:CI8JHIDB:GH 2:>CI:C9ID8DCI>CJ:ID86E>I6A>O:DCDEEDGIJC>I>:H ID86EIJG:BDG:7JH>C:HH;GDB:M>HI>C<8JHIDB:GHI=GDJ<=DJIDJG76C@>CC<;>H86AN:6G L:DE:C:9ILDC:L 7G6C8=:HID:ME6C9DJG7JH>C:HH76C@>C<6C9G:I6>A9:EDH>IG6>H>C<>C>I>6I>K:H6C9G:AD86I:9ILD7G6C8=:H>C699>I>DCID8DCI>CJ6AAN >BEGDK>CCC:M>HI>CDCH

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

+G>DGIDDJG>C>I>6AEJ7A>8D;;:G>C< L:L:G:6C>C9>G:8IL=DAAN DLC:9HJ7H>9>6GND;) )HDA9 B>AA>DCH=6G:H G:EG:H:CI>C< D;DJG8DBBDCHID8@ >CI=:>C>I>6AEJ7A>8D;;:G>C< *C(6N )HDA9 B>AA>DCH=6G:HD;DJG 8DBBDCHID8@ G:EG:H:CI>C< D;I=:8DBBDCHID8@ >CI=:H:8DC9HI6<:D;>IHEA6CC:99>K:HI>IJG: *C%JAN ) HDA96AAD;>IHG:B6>C>CC6H:8DC96GNEJ7A>8D;;:G>CAA>DCH=6G:H6C968DC8JGG:CIH=6G: G:EJG8=6H:IG6CH68I>DC>CL=>8=L:68FJ>G:9 B>AA>DCH=6G:H;GDB)ID;JAAN9>K:HI>IHDLC:GH=>E /=:G:6G:CD9:7IH E6N67A:ID)DG>IH6;;>A>6I:HG:B6>C>C< %DADB8=4BB"8=4B 64*/&44"/,*/( JH>C:HH76C@>C<>H6@:N;D8JHD;DJG7JH>C:HHBD9:A6C9>HDC:D;DJG8DG:8DBE:I:C8>:H 2:EGDK>9:7JH>C:HH 76C@>C8:HIDHB6AA6C9B>9 H>O:97JH>C:HH:H68GDHH69>K:GH:G6C<:D;>C9JHIG>:H >C8AJ9>C<@:NH:8IDGHHJEEDGI>CDC6A I6A>INIDJG>HB 6C8>AA6GN6 7JH>C:HHH:GK>8:H13 ;6GB:FJ>EB:CIHJEEA>:GH6C9C6C9H::9B:G8=6CIH ;G:><=I6C9IG6CHEDGI6C9=:6AI=86G:13 =DHE>I6AH E=NH>8>6CH 86G:;68>A>I>:H6C99:CI>HIH 2:D;;:GDJG7JH>C:HH76C@>C< 8JHIDB:GH6;D8JH:9G6C<:D;;>C6C8>6AEGD9J8IH9:H>;>8C::9HD;I=:>G7JH>C:HH:H >C8AJ9>CC:HD; 8G:9>I 86H=B6C6<:B:CIH:GK>8:H DCA>C:7JH>C:HH9:EDH>I6C9L>G:IG6CH;:GH:GK>8:H >C699>I>DCIDCDC>CI:G:HI 7:6G>C<9:B6C9 688DJCIH >CI:G:HI 7:6G>CDC688DJCIH6C98DGEDG6I:8G:9>I86G9H I.:EI:B7:G 7JH>C:HH76C@>C< G:EG:H:CI:9 7>AA>DC>C9:EDH>IH 6C>C8G:6H:D; B>AA>DC;GDB.:EI:B7:G 6C9 7>AA>DC>CAD6CH 6C >C8G:6H:D; B>AA>DCDK:GI=:H6B:E:G>D9 L=>8=G:EG:H:CIH 6C9 G:HE:8I>K:AN D;DJGIDI6A9:EDH>IH6C9AD6CH *JG7JH>C:HH76C@>CH76H:9DC6;JC96B:CI6AJC9:GHI6C9>CI>:HL:H:GK:6C9I=:76C@>C< C::9HD;DJG8JHIDB:GH *JG6C@:BEADNH:ME:G>:C8:9G:A6I>DCH=>E76C@:GH68GDHHDJG;DDIEG>CI :68=D;L=DBD;;:GHDJG6C@VH HJ>I:D;7JH>C:HH76C@>C8:HIDDJG8JHIDB:GH *JGG:A6I>DCH=>E76C@:GHHIG>K:ID7J>A99::E ADC< I:GB 8JHIDB:GG:A6I>DCH=>EHL>I=DJG76C@>C<8JHIDB:GH6C9IDJC9:GHI6C9DJG8JHIDB:GHVHE:8>;>8C::9HID>9:CI>;N6EEGDEG>6I: ;>C6C8>6AHDAJI>DCH *JG7JH>C:HH76C@>CCD>HEG>B6G>AN8DBEG>H:9D;- 6C98DBB:G8>6ACDC G:6A:HI6I:AD6CH - AD6CH >C8AJ9:7DI=DLC:G D88JE>:9- 6C9CDC DLC:G D88JE>:9- AD6CH BJAI>;6B>ANG:H>9:CI>6AG:6A:HI6I:AD6CH6C98DCHIGJ8I>DC 6C99:K:ADEB:CIAD6CH - A:C9>C<>H6H>;>86CI8DBEDC:CID;DJGDK:G6AAAD6CEDGI;DA>D 6AI=DJ<=L:6G:;D8JH:9DC B6C6<>CI=>C8DCHIGJ8I>DC6C99:K:ADEB:CIA:C9>C< >CE6GI>8JA6G L=>8=L:7:A>:K: >HG:A6I>K:ANG>H@>:GI=6CDI=:GINE:HD;- A:C9>C< HJ8=6HDLC:G D88JE>:9- A:C9>C< DBB:G8>6ACDC G:6A:HI6I:AD6CH G:EG:H:CI6CDI=:GD;DJG8DG:8DBE:I:C8>:H>C7JH>C:HH76C@>C< 2:D;;:G6;D8JH:9G6C<:D;A:C9>C6A CDC G:6A:HI6I:8JHIDB:GH >C8AJ9>CC<86E>I6A6C9DI=:GH=DGI:G I:GBA>C:HD;8G:9>I ;>M:9 G6I:6C9K6G>67A: G6I:AD6CHDK:G 6L>9:G6C<:D;I:GBH /=:;DAADL>CI>DCD;DJG7JH>C:HHA:C9>C<6HD;.:EI:B7:G )4?C4<14A >5*>C0; ">0= >F0 $>AC7 +=?083 )>DC7 !0=B0B 0:>C0 &A8=28?0; 0:>C0 #8BB>DA8 $41A0B:0 A8I>=0 >;>A03> #8==4B>C0 %C74AM *>C0; 0;0=24 0;88->?5:@4;A?-:0? )DC DLC:G D88JE>:9- AD6CHX *LC:G D88JE>:9- AD6CHX S DCHIGJ8I>DC6C99:K:ADEB:CIAD6CHX S (JAI>;6B>ANG:H>9:CI>6AG:6A:HI6I:AD6CHX DBB:G8>6ACDC G:6A:HI6I:AD6CHX /DI6A7JH>C:HHAD6CH

0CE6>9EG>C8>E6A76A6C8:;DG8DBB:G8>6AG:6A:HI6I:6C98DBB:G8>6ACDC G:6A:HI6I:AD6CH>C8AJ9:H;6>GK6AJ:69?JHIB:CIH6HHD8>6I:9L>I=ADC< I:GB;>M:9 G6I:AD6CHL=:G:L:=6K: :CI:G:9>CID>CI:G:HIG6I:HL6EHIDB6C6<:DJG>CI:G:HIG6I:G>H@ 6A6C8:H>CI=>H8DAJBCG:EG:H:CI68FJ>G:9LDG@DJIAD6CH6C98:GI6>CDI=:GAD6CHB6C6<:97NDJGLDG@DJIHI6;; 8DBB:G8>6A6C98DCHJB:G8G:9>I86G9AD6CH ;6>GK6AJ:69?JHIB:CIH G:A6I:9ID68FJ>H>I>DCH6C9AD6CH;DGL=>8=L:=6K::A:8I:9I=:;6>GK6AJ:DEI>DC L=>8=8DJA9G:HJAI>C6C:<6I>K:86GGN>C<6BDJCI>CI=::K:CID;6C:IC:<6I>K:;6>GK6AJ:69?JHIB:CI /=:;DAADL>C<8=6GIHEG:H:CII=:8DBEDH>I>DCHD;DJG- 6C98DBB:G8>6ACDC G:6A:HI6I:AD6CEDGI;DA>DH 6<8=6G:9>K:GH>;>:968GDHHAD6CH>O:H

(">0=&>AC5>;8> ><<4A280;$>=(40;BC0C4 >B8C8>= ">0=&>AC5>;8>>B8C8>=

& ( & ( ( ( & ( ( &

(

( ( ( (

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

6>GN!6GBH ::;6IIA:

*I=:G.E:8>6AIN "G6>CH

/=:8DBEDH>I>DCD;DJG6 7JH>C:HHA:C9>CD>H6AHD<:D86AAN9>K:GH>;>:968GDHHDJG;DDIEG>CI>CDJGH>M 7JH>C:HHG:<>DCH 6HH:I;DGI=>CI=:I67A:7:ADL )4?C4<14A 6A81DB8=4BB">0=B >56A81DB8=4BB">0=&>AC5>;8> 0;88->?5:@4;A?-:0? .DJI= 6@DI6 $DL6 &6CH6H6C9(>HHDJG> ):7G6H@6 G>ODC6 DADG69D )DGI= 6@DI66C9(>CC:HDI6 *I=:GX /DI6A

6A6C8:H>CI=>HGDLG:EG:H:CI68FJ>G:9LDG@DJIAD6CH6C98:GI6>CDI=:GAD6CHB6C6<:97NDJGHI6;; ;6>GK6AJ:69?JHIB:CIHG:A6I:9ID68FJ>H>I>DCH6C9AD6CH;DGL=>8=L:=6K: :A:8I:9I=:;6>GK6AJ:DEI>DC L=>8=8DJA9G:HJAI>C6C:<6I>K:86GGN>C<6BDJCI>CI=::K:CID;6C:IC:<6I>K:;6>GK6AJ:69?JHIB:CI

2:D;;:G6CJB7:GD;EGD9J8IHIDB::IDJG6 7JH>C:HH8JHIDB:GHV76C@>CC<86E>I6A ;JC9>CC< 6HL:AA6HDI=:GI6>ADG:9H:GK>8:H /=GDJ<=G:A6I>DCH=>EHL>I=>CHJG6C8:6<:C8>:H L: B6@:6K6>A67A:IDDJG8JHIDB:GH8GDE>CHJG6C8:I=6I86CEGDK>9:;6GBHL>I=DEI>DCH;DG;>C6C8>6AEGDI:8I>DC;GDBK6G>DJH:K:CIH >C8AJ9>C<;ADD9 9GDJ<=I =6>A ;>G: 9>H:6H: >CH:8I96B6<: L>A9;>G:6C9:6GI=FJ6@: 2:H:GK>8:DJG6 7JH>C:HH8JHIDB:GH I=GDJ<=9:9>86I:9G:A6I>DCH=>E76C@:GHL>I=9::E>C9JHIGNH:8IDG@CDLA:9<: HJEEA:B:CI:97N6I:6BD;AD86A76C@:GH;D8JH:9DC 68JAIJG:L=D7J>A9ADC< I:GBG:A6I>DCH=>EHL>I=8JHIDB:GH &5"*-"/,*/( -:I6>A76C@>C9:H6HDJG8:D;ADL 8DHI;JC9>C<6C99:EDH>I G:A6I:9;::>C8DB: I.:EI:B7:G DJG7G6C8= C:ILDG@8DCH>HI:9D;7G6C8=D;;>8:HAD86I:9>C8DBBJC>I>:H *JG7G6C8=C:ILDG@:C=6C8:HDJG67>A>INID<6I=:G9:EDH>IH :ME6C9DJG7G6C9EG:H:C8: H:GK>8:DJG8JHIDB:GHVC::9H DG><>C6I:AD6CH6C9B6>CI6>CDJG8JHIDB:GG:A6I>DCH=>EH 2:D;;:GIG69>I>DC6A76C@>CA8JHIDB:GH >C8AJ9>CCI:G:HI 7:6G>C<9:B6C9688DJCIH >CI:G:HI 7:6G>C<9:B6C9688DJCIH6C9I>B:9:EDH>IH HI=:76C@>C<>C9JHIGN8DCI>CJ:HID:ME:G>:C8:7GD69:G8JHIDB:G688:EI6C8:D; DCA>C:6C9BD7>A:76C@>CC<76H>876C@>C<;JC8I>DCH6C9G:I6>A8JHIDB:GHJH:7G6C8=AD86I>DCHL>I=A:HH ;G:FJ:C8NI=6CI=:N=6K:=>HIDG>86AAN L:H:GK:DJG8JHIDB:GHI=GDJ<=6L>9:G6C<:D;CDC 7G6C8=8=6CC:AH>C8AJ9>CC: I:A:E=DC:6C9BD7>A:76C@>CI>DC L:8DCI>CJ:IDDEI>B>O:DJG7G6C8=C:ILDG@I=GDJ<=:>I=:G8ADHJG:DG G:AD86I>DCD;HDB:D;DJGA:HHEGD;>I67A:7G6C8=:H 2:8DCI>CJ:IDHIG>K:IDDEI>B>O:I=::;;:8I>K:C:HHD;DJG9>HIG>7JI>DC8=6CC:AH 6C9>C8G:6H:DJGDE:G6I>DC6A:;;>8>:C8NID696EIID>C8G:6H>C<8JHIDB:GEG:;:G:C8:H;DGH:A; H:GK>8:76C@>C<86E67>A>I>:H I .:EI:B7:G L:=69/(H6I DG D;DJG7G6C8=:H6C9=696CDI=:G8DBE6CN DLC:9/(H6ID;; H>I: AD86I>DCH 2:6G:E6GID;I=:(DC:N+6HH6C9.#5(C:ILDG@H :C67A>CI=9G6L86H=HJG8=6G<: ;G::6C9 H:GK>8:8=6G<: ;G::6IDK:G /(AD86I>DCH68GDHHI=:8DJCIGN /=:;DAADL>CA7G6C8=C:ILDG@HEG:696BDCMG:<>DCH

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

">0=B 7&37*&8 *JGAD6CEDGI;DA>D8DCH>HIHEG>B6G>AND;- 8DBB:G8>6ACDC G:6A:HI6I:6C96 7JH>C:HHAD6CH 2:6AHDDG><>C6I: G:H>9:CI>6AG:6A:HI6I:AD6CH E:GHDC6AAD6CH =DB::FJ>INAD6CH A>C:HD;8G:9>I 8G:9>I86G9H6C96JIDAD6CH H9:H8G>7:97:ADL DJGAD6CEDGI;DA>D>H9>K:GH>;>:968GDHHDJG8JHIDB:G76H: /=:;DAADL>C<8=6GIH:IH;DGI=I=:8DBEDH>I>DCD;DJGAD6CEDGI;DA>D7NAD6C86I:0=&>AC5>;8>1H0C46>AH

8JAIJG:G:6A:HI6I:

DBB:G8>6ACDC G:6A:HI6I: 8JAIJG:DE:G6I>C<

DCHIGJ8I>DC6C99:K:ADEB:CI DCHJB:G*I=:G

-:H>9:CI>6AG:6A:HI6I: *LC:G D88JE>:9- (JAI>;6B>ANG:H>9:CI>6AG:6A :HI6I:

)DC DLC:G D88JE>:9-

*JGJC9:GLG>I>CC8>EA:H 9>H8JHH:97:ADL G:FJ>G:EDGI;DA>D9>K:GH>;>86I>DC68GDHH<:D:H >C9JHIG>:H6C9 8JHIDB:GH *JGA:C9>C<>H9>K:GH>;>:97DI=<:D86AAN EG:9DB>C6CIAN68GDHHDJGC>C:;DDIEG>CIHI6I:H 6C968GDHHDJGAD6C 86I::HG:;:G:C8:967DK:6C9L>I=>C:68=D;I=:H:86I::H !DG:M6BEA: L>I=>C6 7JH>C:HHA:C9>C< DJGEDGI;DA>D>H 9>K:GH>;>:968GDHHC EGDI:>C6C9DI=:GINE:HD;6 7JH>C:HH *JG8DBB:G8>6ACDC G:6A:HI6I:6C9DLC:G D88JE>:9- A:C9>C<86I::H6G:L:AA9>K:GH>;>:9 L>I=CD>C9>K>9J6A>C9JHIGN8DBEG>H>CC<>CI=:H:8DB7>C:9 86I::H .::S*JGJH>C:HH'>C:HS 7JH>C:HH6C@>C<;DG>C;DGB6I>DC67DJII=:8DBEDH>I>DCD;DJG6 7JH>C:HHAD6C EDGI;DA>D6C9S*JGJH>C:HH'>C:HSJH>C:HH6C@>C<;DG>C;DGB6I>DC67DJII=:8DBEDH>I>DCD;DJG7JH>C:HH76C@>CD I68JHIDB:GA:K:A DJGA6G<:HI:MEDHJG:G:EG:H:CIH D;DJGIDI6AAD6CH 6C9DJGIDEI:CAD6C:MEDHJG:HG:EG:H:CI 6EEGDM>B6I:AN D;DJGIDI6AAD6CH6I.:EI:B7:G /%&383*5*/(3*/$*1-&4 1:1>-82:6EEAN8DCH>HI:CI8G:9>IEG>C8>EA:H>CDJG6HH:HHB:CID;A:C9>C:H 2:6G: 686H=;ADL ;D8JH:9A:C9:G L=>8=B:6CHDJG6HH:HHB:CID;6CNEDI:CI>6AAD6C>C8AJ9:H6C6C6ANH>HD;L=:I=:GI=:8JHIDB:G86C <:C:G6I:HJ;;>8>:CI86H=;ADL CDIDCAN>CCDGB6ADE:G6I>C<8DC9>I>DCH7JI>C6G6C<:D;8>G8JBHI6C8:H ID:CHJG:I=:A>@:A>=DD9 I=6II=:7DGGDL:GHVG:E6NB:CID7A><6I>DCHIDDJG6C@86C7:;JAANB:I *JGJC9:GLG>I>CC8AJ9:6C6HH:HHB:CID;I=: 7DGGDL:GVH86H=;ADLHJHI6>C67>A>IN I=:688:EI67>A>IND;I=:7DGGDL>CFJ>9>IN A:K:G6<: 8DAA6I:G6A FJ6A>IN6C969:FJ68N >C9JHIGN9NC6B>8H B6C6<:B:CI86E67>A>IN >CI:IN6C9:ME:G>:C8: !DGG:H>9:CI>6AG:6A:HI6I: 8DCHJB:G 6C9DI=:GA:C9>C< DJGJC9:GLG>I>CH>CI:C9:9ID6HH:HHI=:EGDHE:8I>K:7DGGDL:GVH8G:9>IHI6C9>C<6C967>A>INIDG:E6N L=>8=L:6C6ANO:76H:9DCI=:7DGGDL:GVH86H=;ADL A>FJ>9>IN 8G:9>IHI6C9>C< :BEADNB:CI=>HIDGN6C9DK:G6AA;>C6C8>6A 8DC9>I>DC6C9I=:K6AJ:6C969:FJ68ND;6CN8DAA6I:G6A 2::HI67A>H=L=6IL:7:A>:K:ID7:8DCH:GK6I>K:8DAA6I:G6A9:A>C:HI=6IG:8DO:I=:EDI:CI>6A:;;:8IHD;KDA6I>A>INDG 9:I:G>DG6I>DCD;I=:K6AJ:D;8DAA6I:G6AL:688:EI HJ8=6HG:6A:HI6I: >CK:CIDGN G:8:>K67A:H6C9B68=>C:GN 2:B6C6<:I=>HG>H@ >C6CJB7:GD;L6NH >C8AJ9>C9:A>C:H;DGI=:K6G>DJHINE:HD;8DAA6I:G6AL:INE>86AAN688:EI 6ADCI= E:G>D9>8>CHE:8I>DCH $C699>I>DC L=:G:L:I6@:G:6A:HI6I:6H8DAA6I:G6A 6C9;DGHDB:DI=:GHE:8>6A>O:96HH:IH L:G:FJ>G: 6HH:HHB:CID;K6AJ:76H:9DC6EEGDEG>6I:B:I=D9DADIB:CIH I=>H86C>C8AJ9: 6C>C9:E:C9:CII=>G9E6GIN6EEG6>H6AG:K>:L6C9 L=:G:6EEGDEG>6I: 699>I>DC6AG:K>:LH 2:6AHD6HH:HHI=:EG:H:C8:6C9K>67>A>IND;DC:DGBDG:688:EI67A:H:8DC96GNHDJG8:HD;G:E6NB:CIIDB>I><6I:EDI:CI>6A ;JIJG:7DGGDL:G86H=;ADL9:I:G>DG6I>DC /D>BEGDK:I=:G:A>67>A>IND;H:8DC96GNHDJG8:HD;G:E6NB:CI L:EG:;:GDG><>C6I>CH 6C96I.:EI:B7:G A:HHI=6C D;DJGIDI6AA:C9>CH 2:INE>86AAN:C<6<: >CJCH:8JG:9A:C9>CCH>IJ6I>DCH>CKDAK>CC<8JHIDB:GHD;HDJC9C:ILDGI=6C967DK: 6K:G6<:A>FJ>9>INL>I= HIGDCA>INDI=:GI=6C>C8DCC:8I>DCL>I=8G:9>I86G9HL:>HHJ:

2:=6K:69:A:<6I:98G:9>I6JI=DG>I>:H;G6B:LDG@I=6IEGDK>9:HL=6IL:7:A>:K:ID7:8DBB:CHJG6I:L>I=DJG76C@:GH GDA:6C9A:C9>C<:ME:G>:C8: DBB>IB:CIH67DK:I=:A:C9>CH=:9;DG676C@:GG:FJ>G:I=:6EEGDK6A 9:E:C9>C< DCI=:H>O:D;I=:8DBB>IB:CI D;DJGG:<>DC6A8G:9>IB6C6<:GH 8:CIG6AH:C>DG8G:9>IB6C6<:GH =>:;G:9>I*;;>8:GDG ;DGDJG A6G<:HI8DBB>IB:CIH DJGIG6CH68I>DC6A8G:9>I8DBB>II::6HJ78DBB>II::D;DJG(6C6<:B:CI->H@DBB>II:: .::S->H@ *K:GH><=I6C9(6C6<:B:CI;DG9>H8JHH>DCDCDJGG>H@B6C6<:B:CI 'D6C6C6ANH>H6C99:8>H>DCH6G:9D8JB:CI:96C9;DGBE6GI D;I=:AD6CVH8DCI>CJ6ABDC>IDG>C<6C9G:A6I>DCH=>EB6C6<:B:CIG:8DG9 2:7:A>:K:I=>H;G6B:LDG@EGDK>9:HI=:C:8:HH6GN H:E6G6I>DCD;6JI=DG>IN6C9>C9:E:C9:C8:>CI=:8G:9>IJC9:GLG>I>CA:EGDK>9>C<;A:M>7>A>INID:ME:9>I:6EEGDEG>6I: 8G:9>I9:8>H>DCH6C9EGDK>9:8DBE:I>I>K:8JHIDB:GH:GK>8: 3>5.A?5:1??/=:JC9:GLG>I>CC8>EA:H9:H8G>7:967DK:<:C:G6AAN6EEANIDDJG6 7JH>C:HHA:C9>C< 6AI=DJ<=DJG 6HH:HHB:CID;86H=;ADLHJHI6>C67>A>IN 688:EI67>A>IND;7DGGDL>CFJ>9>IN >C9JHIGN:CK>GDCB:CI B6G@:I>C< 6C9B6C6<:B:CI86E67>A>IN >CI:IN6C9:ME:G>:C8:6G:8DCH>9:G:9>CA><=ID;I=:JC>FJ:6IIG>7JI:HD;6 7JH>C:HHA:C9>C< !DG :M6BEA: L:G:K>:LI=:69:FJ68N6C9HJHI6>C67>A>IND;6C6 7JH>C:HH8JHIDB:GVHDE:G6I>C<86H=;ADLHID9:I:GB>C:69:FJ6I: 8DK:G6<:D;>CI:G:HI6C9H8=:9JA:9EG>C8>E6AG:E6NB:CIH 6C9 <:C:G6AAN G:FJ>G:6B>C>BJBD; I>B:H>CI=:BDHIG:8:CIN:6G DG76H:9DC6 N:6G6K:G6<: 2:LDG@L>I=I=:7DGGDL:GIDH:A:8II=:6EEGDEG>6I:;JC9>C<;68>A>IN HJ8=6HLDG@>C<86E>I6AA>C: ;JC9>C<;DGH=DGI I:GBC::9H B:9>JB I:GB7DGGDL>C@:B68=>C:GNDG:FJ>EB:CI6C9ADC< I:GB G:6A:HI6I:AD6CH L=>8=6G:INE>86AAN8DBB>II:9;DG;>K:IDI:CN:6GH L>I=6B6M>BJBD;N:6GH 2::HI67A>H=L=6IL:7:A>:K:ID7:8DCH:GK6I>K:8DAA6I:G6A9:A>C:H;DGDJGA:C9>CO:I=:KDA6I>A>IND;6HH:I EG>8:H 2:6AHDI6>ADGI=:HIGJ8IJG:D;8:GI6>CAD6CH 6EEAN699>I>DC6AEDA>8>:H6C9G:FJ>G:6EEGDEG>6I:8DK:C6CIHID:CHJG:DJG6C@ >HL:AAEGDI:8I:96<6>CHII=:@:NEDI:CI>6AG>H@H !DGA>K:HID8@ L:69DEIL=6IL:7:A>:K:ID7:8DCH:GK6I>K:K6AJ6I>DCHIDG:9J8: I=::;;:8IHD;8N8A>86AIG:C9H7:;DG:6EEAN>C9:A>C:H !DGC<C8GDEH L:<:C:G6AANA>B>IDJGA:C9>C9:97N8GDE>CHJG6C8: H>HI=:86H:L>I=6AAINE:HD;A:C9>C< :MI:GC6AG>H@H7:NDC968JHIDB:GVH7JH>C:HH6C9DE:G6I>DCH86C6;;:8IG:E6NB:CI *JG6 7JH>C:HHA:C9>C< >CE6GI>8JA6G >HHJ7?:8IIDH:K:G6A:MI:GC6AG>H@HI=6IL:B6C6<:>CK6G>DJHL6NH >C8AJ9>C< G #>5/1/E/81?-:0B;8-@585@ES8JAIJG6A8DBBD9>INEG>8:H6G:7DI=8N8A>86A6C9KDA6I>A: 6C9L:H::@ID B6C6<:I=:H:;68IDGH7N9>K:GH>;N>CD68GDHH6G6C<:D;6 7JH>C:HH8JHIDB:GH>C8AJ9>C<C EGD9J8:GH6C9EGDI:>CEGD9J8:GH: < <:C:G6AAN ADLCEG>8:H6HH>HIEGDI:>CEGD9J8:GHH>C8:I=:>G7JH>C:HH:H JH:CH6H>CEJIH6C97N9:I:GB>C>C<6C96EEAN>C<6EEGDEG>6I:69K6C8:G6I:9:A>C:HID68JAIJG6A 8DBBD9>I>:HJH:96H8DAA6I:G6A 6H9>H8JHH:967DK: G *1-@41>05?1-?1-:0;@41><1>58?S.:K:G:L:6I=:G C6IJG6A9>H6HI:GH 68IHD;L6GDGI:GGDG>HB6C9DI=:G:MI:GC6A :K:CIH8DJA9H>;>86CIAN>BE68IDJG7JH>C:HH6C9I=:7JH>C:HHD;DJG7DGGDL:GH 2:H::@IDB>I><6I:DJG :MEDHJG:IDI=>HG>H@I=GDJ<=DJG<:D89>K:GH>;>86I>DCL=>8=>HEG:9DB>C6CIAN68GDHHC>C:HI6I:H6C96 CJB7:GD;68JAIJG6AEGD9J8IH !:9:G6AANHJ7H>9>O:98GDE>CHJG6C8:8DK:G6<:>H6AHD6K6>A67A:;DGDK:G @>C9HD;8GDEH INE>86AAND;IDD;6:A9 6<6>CHIK6G>DJH68JAIJG: G:A6I:9E:G>AH >C8AJ9>C<;ADD9 9GDJ<=I =6>A ;>G: 9>H:6H: >CH:8I96B6<: L>A9A>;:6C9:6GI=FJ6@: G -:0<>5/1?SH9>H8JHH:967DK: L:;D8JHDC86H=;ADLA:C9>C< L=>8==:AEH;6GBHID:CHJG:I=6II=:N=6K: HJ;;>8>:CI86H=;ADLIDH:GK>8:9:7I6C9HJEEDGII=:>G7JH>C:HH:H 6C9<:C:G6AANI6@:A6C96H8DAA6I:G6A L=>8= EGDK>9:H6H:8DC96GNG:E6NB:CIHDJG8: 6;I:G6HH:HH>C<8DAA6I:G6AFJ6A>IN6C969:FJ68N 4?>B8CB :EDH>IH6G:DJGEG>B6GNHDJG8:D;;JC9HIDHJEEDGIDJGG:K:CJ: <:C:G6I>C<6HH:IH 2:D;;:GIG69>I>DC6A9:EDH>IEGD9J8IH ID8DCHJB:GH 7JH>C:HH:H6C9DI=:G8JHIDB:GHL>I=6K6G>:IND;G6I:H6C9I:GBH :EDH>IH6IDJG6C@6G:>CHJG:97NI=:! $JE IDHI6IJIDGNA>B>IH 2:EG>8:DJG9:EDH>IEGD9J8IHL>I=6K>:LIDB6M>B>O>CC6C8>6AH:GK>8:H 7JH>C:HH6C9EGJ9:CIANB6C6<>CAA>DCD;IDI6A9:EDH>IH I .:EI:B7:G DJG9:EDH>I76H:8DCH>HI:9D; 7>AA>DC DG >C>CI:G:HI 7:6G>C<6C9CDC>CI:G:HI 7:6G>CDC 688DJCIH 7>AA>DC DG >C>CI:G:HI 7:6G>CDC688DJCIH 6C9 7>AA>DC DG >CI>B:9:EDH>IH

*JG9:EDH>I76H:>H9>K:GH>;>:968GDHHDJG<:D8;DDIEG>CI 6H>AAJHIG6I:97NI=:;DAADL>CCI>DCD;DJG9:EDH>I76H:7NI=:<:D8G:<>DCD;DJG7G6C8=:H6I.:EI:B7:G

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

!4 !4 !4 !4 !4

*G><>C6I:9 :EDH>IH 8FJ>G:9 :EDH>IH DHID; :EDH>IH

=E4BC<4=CB 2:=6K:=>HIDG>86AAN>CK:HI:9:M8:HH9:EDH>IH>C=><= FJ6A>IN A>FJ>9>CK:HIB:CIH:8JG>I>:H>C8AJ9>C9:CI>6A6<:C8N BDGI<6<: 768@:9H:8JG>I>:H6C9 ID6A:HH:G:MI:CI 0 . /G:6HJGNH:8JG>I>:H 8DGEDG6I:9:7IH:8JG>I>:H6C9H:8JG>I>:H>HHJ:97N0 . HI6I:H6C9EDA>I>86AHJ79>K>H>DCH *JG>CK:HIB:CIEDGI;DA>DH:GK:H6H6B:6CHID8DAA6I:G6A>O:!#'7DGGDL>C8;JC9H 9:EDH>IH ID:6GCC:IHEG:69>C8DB:DC:M8:HH9:EDH>IH6C9IDB6>CI6>CA>FJ>9>IN6C976A6C8:>CI:G:HIG6I:G>H@

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

*4,3".&803,"/% 11&5*5& *JGG>H@;G6B:LDG@>HHIGJ8IJG:9ID9:9:8>H>DCHG:<6G9>C6I:76A6C8:7:IL::CG>H@6C9G:IJGC 8DCH>9:G6I>DCH>CDJG7JH>C:HH *JGG>H@;G6B:LDG@>H>C;DGB:97NDJGHIG6I:H@6EE:I>I:6C9;>C6C8>6AEA6CH6EEGDK:97NDJG D6G9D; >G:8IDGH /=>H;G6B:LDG@>C8AJ9:HG>H@EDA>8>:H EGD8:9JG:H A>B>IH I6G<:IH6C9G:EDGI>C< *JGD6G9D; >G:8IDGH 6EEGDK:HDJGHI6I:9G>H@6EE:I>I:H L=>8=H:I;DGI=I=:6BDJCI6C9INE:D;G>H@L:6G:L>AA>CCEJGHJ>ID;DJGHIG6I:C:HH6C9;>C6C8>6AD7?:8I>K:H *JGG>H@6EE:I>I:HEGDK>9:I=:8DCI:MI;DGDJGG>H@B6C6<:B:CIIDDAH >C8AJ9>C< 6BDCH@EDA>8>:H 9:A:<6I:96JI=DG>I>:H A>B>IH EDGI;DA>D8DBEDH>I>DC JC9:GLG>I>CDC6AEGD8:HH:H 2:B6C6<:G>H@I=GDJ<=I=G::A>C:HD;9:;:CH:I=6I6AAD86I:G:HEDCH>7>A>IN6C9688DJCI67>A>IN;DGG>H@B6C6<:B:CI I=GDJ<=DJIDJG7JH>C:HH *JG;>GHIA>C:D;9:;:CH:>HDJG7JH>C:HHA>C:H 8G:9>I6C9HJEEDGI;JC8I>DCH L=>8=6G:688DJCI67A:;DG 7:>C<6L6G:D;6C9B6C6<>CH@H>CI=:>GG:HE:8I>K:7JH>C:HH6G:6H6C9;DGDE:G6I>CI=>CDJG:HI67A>H=:9G>H@;G6B:LDG@ 6C96EE:I>I: *JGH:8DC9A>C:D;9:;:CH:>HDJGG>H@I:6B L=>8=EGDK>9:HBDC>IDG>C< 8DCIGDA 69K>8:6C9DK:GH><=II=6IDJGG>H@H 6G:7:>CH: 6C9DJGI=>G9A>C:D;9:;:CH:>HDJG>CI:GC6A6J9>I;JC8I>DC L=>8= EGDK>9:H>C9:E:C9:CI6HHJG6C8:I=6IDJG>CI:GC6A8DCIGDA;G6B:LDG@H6G:DE:G6I>C<:;;:8I>K:AN 3&%*5*4,"/"(&.&/5 G:9>IG>H@>HI=:EDI:CI>6A;DGADHH6G>H>C<;GDB68JHIDB:G 8DJCI:GE6GINDG>HHJ:G;6>A>CIH8DCIG68IJ6A D7A><6I>DCHIDJH *JGHIG6I:C<8G:9>IG>H@>C8AJ9:HL:AA 9:;>C:9 8:CIG6A>O:98G:9>IEDA>8>:H JC>;DGBJC9:GLG>I>C< 8G>I:G>6 8A:6GAN9:A:<6I:96JI=DG>INA:K:AH6C9688DJCI67>A>IN DCCH@BDC>IDG>C<6C9G:K>:LEGD8:HH:H;DG8G:9>I:MEDHJG:H 6C9EDGI;DA>D9>K:GH>;>86I>DC7N<:DC9JHIGN6C98JHIDB:G 2:H:D>CID6CJB7:GD;6HH:I8A6HH:H ;DGEJGEDH:HD;9:K:ADE>C<6C99D8JB:CI>CIG>H@B6C6<:B:CIEGD8:9JG:H6C99:I:GB>C>C<6HHD8>6I:96AADL6C8:;DG AD6C6C9A:6H:ADHH:H >C8AJ9>C<- 68JAIJG: 8DBB:G8>6ACDC G:6A:HI6I: G:H>9:CI>6AG:6A:HI6I: 8DCHJB:G6C9DI=:GA:C9>C< !DG69>H8JHH>DCD;DJGJC9:GLG>I>CI>C<+G>C8>EA:H 2::BE=6H>O:G:I:M6B>C6I>DCH6C9B6C6<:B:CIG:K>:LHD;AD6CHL>I=9:I:G>DG6I>C<8G:9>IFJ6A>IN6HE6GID; DJG8G:9>IG>H@B6C6<:B:CIHIG6I:HEGD8:HH L:E:G;DGB6HH:HHB:CIHD;6HH:IFJ6A>IN 8DBEA>6C8:L>I= 8DBB:G8>6A 68JAIJG:6C98DCHJB:G8G:9>IEDA>8>:H6C9DI=:G8G>I>86A8G:9>I>C;DGB6I>DC 2:6AHDBDC>IDG6C9JE96I:G>H@ G6I>CC<76H>H 2>I=G:HE:8IID8DCHJB:GAD6CH L:INE>86AANJH:HI6C96G98G:9>IH8DG>C< HNHI:BHID6HH:HHDJG8G:9>IG>H@H 2:6AHDG:ANDC69:9>86I:9G>H@6HH:IG:K>:LI:6BIDEGDK>9:>C9:E:C9:CIDK:GH><=ID;EDGI;DA>D 6HH:IFJ6A>IN6C9EDA>8N8DBEA>6C8: 2:=6K:L:AA :HI67A>H=:9EGD8:9JG:H;DGB6C6<>CI=:GH=DL:6GANH>C8AJ9:BDK>C<6AD6CIDDJGL6I8=A>HIL=:CL:=6K::6GAN8DC8:GCH 'D6CHDCDJGL6I8= A>HIG:8:>K:BDG:>CI:CH:;D8JH 6ADCI=BDG:H:C>DG A:K:ABDC>IDG>C<6C9G:EDGI>C< 6G:FJ>G:B:CID;=><=:G8G:9>I6JI=DG>IN 6EEGDK6A;DG6CN;JGI=:GA:C9>C<>C8G:6H:6C968I>DCEA6CH;DG>BEGDK>CAA>DCL>AA<:C:G6AAN;6AAJC9:GI=:B6C6<:B:CIDG8DCHJAI6I>DCD;DJG..I:6B DJG HE:8>6A>HIAD6CG:=67>A>I6I>DCH LDG@DJI6C9DI=:GG:6A:HI6I:DLC:96HH:II:6B /=:H:AD6CH6G:68I>K:ANB6C6<:9 L>I=I=:EG>B6GN A>I6I>CCA>I6I>DC>HCDI;:6H>7A: 6AD6CLDG@DJIHIG6I:H9:K:ADE:9 6C9EJI>CID:M:8JI>DCIDB6M>B>O:DJG6C@VHG:8DK:GND;AD6CEGD8::9H6C9DI=:G8DHIHIDL=>8=DJG6C@>HA:<6AAN:CI>IA:9 .. >C8DCHJAI6I>DCL>I=>CI:GC6A8DJCH:A 6AHDDK:GH::HI=:A>I><6I>DCD;IGDJ7A:96HH:IH L=:C6EEGDEG>6I: $C699>I>DC 6EEGDEG>6I:G:H:GK:H6C98=6G<: D;;H6G:B69:76H:9DC6HH:HHB:CID;EDI:CI>6AG:6A>O6I>DCA:K:AH6C9G:A6I:98DHIH *JGCDC A:C9>C<68I>K>I>:H6AHD<>K:G>H:ID8G:9>IG>H@ >C8AJ9>C<:MEDHJG:HG:HJAI>C<;GDBDJG>CK:HIB:CI>CH:8JG>I>:H 6C9DJG:CIGN>CID>CI:G:HIG6I:HL6E8DCIG68IH !DGBDG:>C;DGB6I>DCDCI=:H:68I>K>I>:H H::$I:B (6C6<:B:CIH >H8JHH>DC 6C9C6ANH>HD;!>C6C8>6ADC9>I>DC6C9-:HJAIHD;*E:G6I>DCHSC6ANH>HD;!>C6C8>6ADC9>I>DCS$CK:HIB:CI.:8JG>I>:H6C9 $I:B (6C6<:B:CIH >H8JHH>DC6C9C6ANH>HD;!>C6C8>6ADC9>I>DC6C9-:HJAIHD;*E:G6I>DCHSC6ANH>HD;!>C6C8>6A DC9>I>DCS :G>K6I>K:H 1&3"5*0/"-*4, *E:G6I>DC6AG>H@>HI=:G>H@D;ADHH6G>H>C<;GDB>C69:FJ6I:DG;6>A:9EGD8:HH:H E:DEA:DGHNHI:BH :MI:GC6A:K:CIHHJ8=6H C6IJG6A9>H6HI:GH 8DBEA>6C8:;6>AJG:H G:EJI6I>DC6A96B6<:DGA:<6AB6II:GH 2:=6K:6;G6B:LDG@>CEA68:I=6I>C8AJ9:HI=: G:EDGI>C<6C96HH:HHB:CID;6CNDE:G6I>DC6AG>H@:K:CIH >C8AJ9>C9:9DE:G6I>DC6AG>H@:K:CIH 6C9I=:6HH:HHB:CID; DJGB>I><6I>C:HL>I=>CDJG@:N7JH>C:HHA>C:H /=>H;G6B:LDG@>H>BEA:B:CI:9I=GDJ<=DJGEDA>8>:H EGD8:HH:H6C9 G:EDGI>CG:B:CIH >C8AJ9>CC<7JH>C:HH6C9>C;DGB6I>DCI:8=CDADCJ>IN >C;DGB6I>DCH:8JG>IN6C9 8N7:G H:8JG>IN I:8=CDAD<>86A86E67>A>IN ;G6J9 G>H@B6C6<:B:CI DE:G6I>DC6AG>H@EGD;>A>C<6C9K:C9DGB6C6<:B:CI *JG DE:G6I>DC6AG>H@G:K>:LEGD8:HH>H68DG:E6GID;DJG6HH:HHB:CID;6CNB6I:G>6AC:LDGBD9>;>:97JH>C:HHDGHJEEDGI>C>I>6I>K: *JGDE:G6I>DC6AG>H@HG:A6I:9IDA:<6A6C98DBEA>6C8:B6II:GH6G:=:><=I:C:97NI=:=:6K>ANG:GDCB:CI>C L=>8=L:DE:G6I: 2:=6K:9:H>9::9J86I>DCD;6EEA>867A:A:<6A6C9G:I=I=:H:G:FJ>G:B:CIH !DG>C;DGB6I>DCDCI=:A:<6A;G6B:LDG@>CL=>8=L:DE:G6I: 6C9 L=>8=DJGDE:G6I>DC6AG>H@EGD8:HH:H6C9HNHI:BH6G:9:H>H>DC6C9-:DC

>= /=:;>C6C8>6AH:GK>8:H>C9JHIGN6C9:68=D;I=:B6G@:IH>CL=>8=L:DE:G6I:>CE6GI>8JA6G6G:=><=AN8DBE:I>I>K: 2:;68: HIGDC<8DBE:I>I>DC>C<6I=:G>C<9:EDH>IH B6@>CC>C<8A>:CI6HH:IH;DGB6C6<:B:CI7NDJG>CK:HIB:CIDGIGJHI DE:G6I>DCH 2:8DBE:I:;DG9:EDH>IH6C9AD6CH7NH::@>C9:6=><=:GA:K:AD;E:GHDC6AH:GK>8:I=6C>H<:C:G6AAND;;:G:9 7NDJGA6G<:G8DBE:I>IDGH B6CND;L=DB=6K:BDG:6HH:IH 86E>I6A6C9G:HDJG8:H6C9=><=:GA:C9>C B>IHI=6CL:9D6C9B6N 7:67A:ID8DC9J8IBDG:>CI:CH>K:6C97GD69:G76H:9EGDBDI>DC6A:;;DGIHIDG:68=7DI=8DBB:G8>6A6C9G:I6>A8JHIDB:GH 2:6AHD 8DBE:I:76H:9DC69K:GI>H>C<>BE68I6C9>CI:G:HIG6I:H *JGEG>C8>E6A8DBE:I>IDGH;DG9:EDH>IH AD6CH6C98A>:CI6HH:IH;DG B6C6<:B:CI7NDJG>CK:HIB:CIDGIGJHIDE:G6I>DCH>C8AJ9:A6G<:C6I>DCL>9:76C@HHJ8=6H0 . 6C@ 2:AAH!6G866C9K6G>DJHDI=:GC6I>DCL>9: G:<>DC6A6C98DBBJC>IN76C@H H6K>C6I>DCH 8G:9>IJC>DCH BJIJ6A;JC9 8DBE6C>:H >CHJG6C8:8DBE6C>:H ;68IDG>C<8DBE6C>:H6C9DI=:GCDC 76C@;>C6C8>6A8DBE6C>:H .DB:D;I=:H:8DBE:I>IDGH6G: AD86A L=>A:DI=:GH6G:HI6I:L>9:DGC6I>DC6A DBE:I>I>DC;DG9:EDH>IH>H6AHD6;;:8I:97NI=::6H:L>I=L=>8=8JHIDB:GH86CIG6CH;:G9:EDH>IH;GDBDC:>CHI>IJI>DCID 6CDI=:G *JG8DHID;;JC9H;AJ8IJ6I:HL>I=B6G@:I>CI:G:HIG6I:H6C9B6N7:6;;:8I:97N=><=:GG6I:H7:>CC6C8>6A>CHI>IJI>DCH $C8:GI6>C>CI:G:HIG6I::CK>GDCB:CIH 699>I>DC6AH>;>86CI8DBE:I>I>DC;DG9:EDH>IHB6N7::ME:8I:9ID6G>H: ;GDB8DGEDG6I:6C9I>:H6C9BDC:NB6G@:IBJIJ6A;JC9H *JGB6C6<:B:CI7:A>:K:HI=6IDJGBDHI9>G:8I 8DBE:I>I>DC;DG9:EDH>IH8DB:H;GDBC6I>DCL>9:6C9G:<>DC6A76C@H H6K>C6I>DCH DCA>C:>CI:GC:I76C@H 8G:9>I JC>DCH >CHJG6C8:8DBE6C>:H BDC:NB6G@:I;JC9H 7GD@:G6<:;>GBH DI=:GCDC 76C@;>C6C8>6AH:GK>8:H8DBE6C>:H6C9H:GK>8: ;D8JH:98DBBJC>IN76C@HI=6II6G<:II=:H6B:8JHIDB:GH 2:8DBE:I:;DGAD6CHEG>C8>E6AANI=GDJ<=I=:FJ6A>IND;H:GK>8:L:EGDK>9:ID7DGGDL:GHL=>A:B6>CI6>C>C<8DBE:I>I>K: >CI:G:HIG6I:H AD6C;::H6C9DI=:GAD6CI:GBH 2::BE=6H>O:E:GHDC6A>O:9G:A6I>DCH=>E76C@>C8:H6C9I=:AD86A6C9:;;>8>:CI 9:8>H>DC B6@>CC<7JH>C:HH:H *JGBDHI9>G:8I8DBE:I>I>DC;DGAD6CH8DB:H;GDBA6G<:GG:<>DC6A6C9C6I>DC6A76C@H H6K>C6I>DCH DCA>C:>CI:GC:I76C@H 8G:9>IJC>DCH >CHJG6C8:8DBE6C>:H6C9H:GK>8: ;D8JH:98DBBJC>IN76C@H I=6II6G<:II=:H6B:8JHIDB:GH 2:6AHD;68:8DBE:I>I>DC;DG6 7JH>C:HHAD6CH;GDBE6GI>8>E6CIH>CI=:C6I>DCL>9:!6GBG:9>I .NHI:B6C9:CIH76H:9DCI=:A:K:AD;>CK:HIB:CIE:G;DGB6C8: ;::H6C9E:GHDC6A>O:98A>:CI H:GK>8: *JG8DBE:I>I>DC>CL:6AI=B6C6<:B:CIH:GK>8:H8DB:HEG>B6G>AN;GDBDI=:G>CHI>IJI>DCH E6GI>8JA6GANA6G<:GG:<>DC6A6C9 C6I>DC6A76C@H EGDK>9>CB>A6GH:GK>8:H L:6AI=B6C6<:B:CI8DBE6C>:H BJIJ6A;JC98DBE6C>:H6C97GD@:G6<:;>GBH B6CND; L=>8=6G:A6G<:GI=6CL:6G:6C9EGDK>9:6L>9:G6GG6ND;EGD9J8IH6C9H:GK>8:H =C4;;42CD0;&A>?4ACH $CI=:=><=AN8DBE:I>I>K:76C@>C<>C9JHIGN>CL=>8=L:DE:G6I: >CI:AA:8IJ6AEGDE:GIN>H>BEDGI6CIIDI=:HJ88:HHD;DJG 7JH>C:HH 2:DLC6K6G>:IND;IG69:B6G@H H:GK>8:B6G@H IG69:C6B:H6C9ADB:6C9G:HDJG8:HB6>CI6>C>CH >CI:AA:8IJ6AEGDE:GINEDGI;DA>D 2:8DCIGDA688:HHIDDJG>CI:AA:8IJ6AEGDE:GINI=GDJ<=A>8:CH:69:CI>6A>IN EGD8:9JG:H CDC 9>H8ADHJG:6I=I=>G9E6GI>:H :BEADNB:CI6<=IHIDEGDI:8IDJG >CI:AA:8IJ6AEGDE:GIN =5>A<0C8>=*427=>;>6H)HBC4;>86CIG:HDJG8:HIDB6>CI6>CHI67A: G:A>67A: :;;>8>:CI6C9H86A67A:>C;DGB6I>DCI:8=CDADA>O:6H>C<=AN>CI:CG9E6GINK:C9DG68GDHHDJG7JH>C:HHI=6I>BEGDK:H8DHI :;;>8>:C8N6C968FJ>H>I>DC>CI:DC H69K6CI6<:DJH L:LDG@L>I=DJGI=>G9E6GINK:C9DGHIDB6M>B>O:I=::;;>8>:C8ND;DJG JH:D;I=:>G6EEA>86I>DCH 2:JH:>CI:<>C6I:6C9EGD8:HHAD6CH6C99:EDH>I688DJCIH L=>8=G:9J8:HEGD8:HH>CB: >BEGDK:H8JHIDB:G:ME:G>:C8:6C9G:9J8:H8DHIH (DHI8JHIDB:GG:8DG9H6G:B6>CI6>C:99><>I6AAN JG>C<;>H86AN:6G L:=6K:8DCI>CJ:9DJG8DBB>IB:CIID>CK:HIB:CI>C>C;DGB6I>DCH:8JG>IN6C9>BEGDK:9DJG9><>I6A76C@>C<;JC8I>DC6A>INID :C=6C8:I=:DK:G6AA8A>:CI:ME:G>:C8: +GDI:8I>CC;DGB6I>DC>H8G>I>86AIDDJG7JH>C:HH 2:JH:BJAI>EA: A6N:GHD;EGDI:8I>DCID8DCIGDA688:HH6C9G:9J8:G>H@ >C8AJ9>C;>8>6A$CI:AA><:C8:6C98DC9J8I>C<6K6G>:IND; KJAC:G67>A>IN6C9E:C:IG6I>DCI:HIHDCDJGEA6I;DGBH HNHI:BH6C96EEA>86I>DCHIDG:9J8:I=:G>H@I=6I6CN6II68@H6G:HJ88:HH;JA /D EGDI:8I6<6>CHI9>H6HI:GH L:=6K:6768@JED;;H>I:8DG:EGD8:HH>CH:96I6L6G:=DJH:HNHI:BID86EIJG: 6C6ANO:6C9G:EDGI@:NB:IG>8H6HHD8>6I:9L>I=8JHIDB:G6C9 EGD9J8IEGD;>I67>A>IN 6I6>H8DAA:8I:968GDHHBJAI>EA:HNHI:BH>H6K6>A67A:I=GDJ<=HI6C96G96C969=D8G:EDGIHID6HH>HIL>I= B6C6<>CC:HH6C98DBE:I>C<:;;:8I>K:AN>CI=:B6G@:IEA68:

H44B HD;.:EI:B7:G L:=69 IDI6A:BEADN::H L=>8=>C8AJ9:9 ;JAA I>B::BEADN::H6C9E6GI I>B: :BEADN::H *;DJG :BEADN::H 6G:>C8DG:76C@>C<51 CDC A>C:D;7JH>C:HH7G6C8=C:ILDG@:BEADN::H >C8AJ9>C< G:A6I>DCH=>E76C@:GH :BEADN::H6G:>CA>C:HD;7JH>C:HH13 BDGI<6<: 8G:9>I86G9H >CK:HIB:CIH :BEADN::H6G:>C ;>C6C8: :BEADN::H6G:>CHJEEDGIH:GK>8:H51 :BEADN::H>CDE:G6I>DCH $/6C9EGD?:8IH :BEADN::H6G:>CG>H@6C9 8G:9>IB6C6<:B:CI :BEADN::H6G:>C>CI:GC6A6J9>I6C9:BEADN::H6G:>CDI=:G;JC8I>DCH 2:7:A>:K:DJGG:A6I>DCH=>EL>I= DJG:BEADN::HID7:<:C:G6AAN:C8:96CNB6I:G>6A:BEADNB:CI G:A6I:9>HHJ:HDG>CI:GGJEI>DCHD;H:GK>8:H 9J:IDA67DG9>H6K:76G<6>C>C<6A<0C8>=01>DC>DAG42DC8E4%55824AB /=:;DAADL>CEI>DCH7:ADLH:I;DGI=7>D86A>C;DGB6I>DCG:<6G9>CK:D;;>8:GH

$0<4 64 &>B8C8>= &:C&6G:AH =6>GE:GHDCD;I=:D6G9 +G:H>9:CI6C9=>:; M:8JI>K:*;;>8:G DJ<6HH =>:;*E:G6I>C<*;;>8:G6C9 M:8JI>K:1>8:+G:H>9:CI +:I:G=6EB6C =>:;!>C6C8>6A*;;>8:G6C9 M:8JI>K:1>8:+G:H>9:CI &6GANC&C>:G>:B =>:;->H@*;;>8:G6C9 M:8JI>K:1>8:+G:H>9:CI />B&>CIC:G -:<>DC6A+G:H>9:CI6C9 M:8JI>K:1>8:+G:H>9:CI (>8=6:A"DJ<= .:C>DG1>8:+G:H>9:CI G:9>I6C9;DGB:G=>:;G:9>I*;;>8:G 1::1@4->18?=6HH:GK:96HDJG=>:; M:8JI>K:*;;>8:G6C9DCDJGD6G9H>C8:6C9L6H:A:8I:9=6>GE:GHDC>C (G &6G:AH=6H6AHDH:GK:96HDJG+G:H>9:CIH>C8:JDJHANI=:G:ID;GDBID (G &6G:AH>H6AHD I=:=6>GE:GHDC6C9=>:; M:8JI>K:*;;>8:GD;DJG6C@6C9H:GK:HDCI=:D6G9HD; >G:8IDGHD;DJG6C@6C9DJG6C@HDI=:G HJ7H>9>6G>:H #:=6H6AHDH:GK:96HDJG6C@+G:H>9:CIH>C8:JDJHANI=:G:ID;GDBJCI>A (G &6G:AHV9JI>:H>C8AJ9:DK:G6AAA:69:GH=>E6C9:M:8JI>K:DK:GH><=ID;DJG6C@ (G &6G:AH=6HDK:GN:6GHD;76C@>C< :ME:G>:C8:6C9:ME:GI>H:>C6AA6G:6HD;76C@B6C6<:B:CI6C9HIG6I:<>876C@68FJ>H>I>DCH (G &6G:AH=6HH:GK:9>CH:K:G6ADI=:G 86E68>I>:H6IDJG6C@H>C8:!:7GJ6GN >C8AJ9>C<-:<>DC6A+G:H>9:CI6C9=>:;*E:G6I>C<*;;>8:G;DGI=:6C@VH7G6C8= 9>HIG>7JI>DC8=6CC:A>C8AJ9>C<68JAIJG: 7JH>C:HH6C9G:I6>AA:C9>C<6C99:EDH>IH;JC8I>DCH JG>C<=>H:M:8JI>K:I:CJG: (G &6G:AH=6H=:AE:9AA>DC>C6HH:IH6I.:EI:B7:G IDDK:G 7>AA>DC>C6HH:IHID96N :;DG:?D>C>C9:CI6C9=>:; M:8JI>K:*;;>8:G6I(6GFJ:II:6C@ (>A76C@ . L=:G:=: L6H:BEADN:9;DGN:6GH $C699>I>DC (G &6G:AH6AHDH:GK:HDCI=:7D6G9HD;16AA:N,J::C=::H:6C9I=:.DJI= 6@DI6 9J86I>DC C=6C8:B:CI6C9!JC9>C<DGEDG6I>DC 6C9EG:K>DJHANH:GK:96H6B:B7:GD;I=:!:9:G6A9K>HDGNDJC8>AIDI=: D6G9D;"DK:GCDGHD;I=:!:9:G6A-:H:GK:6C@6C9I=:7D6G9D;K:G6#:6AI=.NHI:BH ;A3-??=6HH:GK:96H M:8JI>K:1>8:+G:H>9:CI6C9=>:;*E:G6I>C<*;;>8:GD;DJGDBE6CN6C9DJG6C@H>C8: JHG:HEDCH>7A:;DGDK:G6AAAD6C6C99:EDH>IDCH :CDKDD;;>8::ME6CH>DC DE:G6I>C<:;;>8>:C8N DJGL:6AI=B6C6<:B:CI6C9BDGI<6<:76C@>CC:H 6C9HIG6I:<>8>C>I>6I>K:H;DGDJGDBE6CN $CIDI6A (G 6HH=6HDK:GN:6GHD;76C@>C<:ME:G>:C8: (G 6HH=6HLDG@:9>CK6G>DJHDI=:G86E68>I>:HL>I=DJGDBE6CN6C96C@H>C8: >C8AJ9>CC<6H+G:H>9:CID;DJGDBE6CN;GDBID6C9-:<>DC6A+G:H>9:CID;DJG6C@;GDBID (G 6HH=6H:ME:GI>H:>C6AA6G:6HD;76C@B6C6<:B:CIL>I=>CDJG6C@ :;DG:?D>C>C9:CI D;!>GHIB:G>86C6C@"GDJE +G:K>DJHAN(G 6HHH:GK:9>CK6G>DJH86E68>I>:HDK:GN:6GHL>I=!>GHI6GDGEDG6I>DC L=>8=>H CDL@CDLC6H0.6C@ >C8AJ9>C<6H+G:H>9:CI6C9=>:; M:8JI>K:*;;>8:GD;!>GHI6GVH.>DJM>IN6C9DJC8>AAJ;;HDE:G6I>DCH >CL:HI:GC$DL66C96H(6C6<:GD;DGG:HEDC9:CI6C@>C<;DG>IH:6HI:GC$DL6DE:G6I>DCH L=>8=6AHD>C8AJ9:9G:HEDCH>7>A>IN;DG 8DBB:G8>6A76C@>C<6C96 7JH>C:HHA:C9>C< #1@1>4-<9-:=6HH:GK:96HDJG=>:;!>C6C8>6A*;;>8:G6C9 M:8JI>K:1>8:+G:H>9:CIH>C8:6C9DC"2$H D6G9D; >G:8IDGH;GDB%6CJ6GNJCI>A*8ID7:G (G =6EB6C>H6AHDI=:=>:;!>C6C8>6A*;;>8:G6C9 M:8JI>K:1>8: +G:H>9:CID;DJG6C@ $CJ7>A>IN;DGDJG$C;DGB6I>DC/:8=CDADDCH ;JC8I>DCH !GDBI=GDJ<=JCDCHL>I=>CI=:HI6I:HD;(>CC:HDI6 6C9)DGI= 6@DI6 (G =6EB6C=6HDK:GN:6GHD;>C9JHIGN:ME:G>:C8:6C9>HG:HEDCH>7A:;DG6AA6HE:8IHD;DJG;>C6C8>6A6C9 G:CI=EA6CC>C<6C9HIG6I:A=:L6H 6EED>CI:96HDJG=>:;!>C6C8>6A*;;>8:G>C)DK:B7:G (G =6EB6CH:GK:96HI=:":C:G6A(6C6<:G !>C6C8:+:G;DGB6C8: (6C6<:B:CI)DC/G69:9JH>C:HH:H;DG)VH2=DA:H6A:6C@>C<7JH>C:HH !GDBI=GDJ<= (G =6EB6CH:GK:9 6H#:69D;!>C6C8>6ADCIGDA6I)6C9L6HG:HEDCH>7A:;DGDK:GH><=I6C99:A>K:GND;)VH:MI:GC6A;>C6C8>6AG:EDGI>C<6C9 >CI:GC6AB6C6<:B:CIG:EDGI>C< !GDBI=GDJ<= (G =6EB6CL6H(6C6<:G 6C9I=:C.:C>DG(6C6<:G >C)VH "GDJE88DJCI>C<+DA>8NI:6B !GDBI=GDJ<= (G =6EB6C=:A9K6G>DJHGDA:HL>I= GCHI4DJCC6C8>6A .:GK>8:HJ9>I >K>H>DC >C8AJ9>C<"GDJE(6C6<:GD;>IH(:A7DJGC: JHIG6A>6D;;>8:VH!>C6C8>6A.:GK>8:HJ9>IEG68I>8: 6C9=: L6HH:8DC9:9ID GCHI4DJC8:;GDBI=GDJ<= (G =6EB6C=6H7::C6=6GI:G:988DJCI6CI L>I=I=:$CHI>IJI:D;=6GI:G:988DJCI6CIHJHIG6A>6H>C8:6C9>H8JGG:CIAN6!:AADLD;I=:$CHI>IJI:

->8E::51>519=6HH:GK:96HDJG=>:;->H@*;;>8:GH>C8:6C9>H6AHD6C M:8JI>K:1>8:+G:H>9:CID;DJG DBE6CN (H &C>:G>:B>HG:HEDCH>7A:;DGI=:DK:G6AA9>G:8I>DC6C9DE:G6I>DCHD;I=:G>H@9:E6GIB:CI >C8AJ9>C< CI:GEG>H:->H@ (6C6<:B:CI 6C@.:8G:8N8I DBEA>6C8:6C9->H@HH:I-:K>:L (H &C>:G>:B?D>C:9DJG6C@>C6H#:69D; CI:GEG>H:->H@(6C6<:B:CI (H &C>:G>:B=6HDK:GN:6GHD;:ME:G>:C8:>CI=:;>C6C8>6AH:GK>8:H>C9JHIGN >C8AJ9>C<6 N:6G 86G::GL>I=!>GHI)6I>DC6A6C@D;*B6=6 L=:G:H=:LDG@:9>C6CJB7:GD;H:C>DGA:69:GH=>EEDH>I>DCH>C8AJ9>C<N:6GH6H 1>8:+G:H>9:CI(6C6<>C< >G:8IDGR/G:6HJGN '59;@4E5:@:1>=6HH:GK:96HDJG M:8JI>K:1>8:+G:H>9:CI6C96H-:<>DC6A+G:H>9:CID;DJG6C@H>C8: (G &>CIC:GDK:GH::H6AAD;DJG76C@>CDCH>C.DJI= 6@DI66C9DJGG:I6>A76C@>CDCH (G &>CIC:G=6HDK:GN:6GH D;76C@>C<:ME:G>:C8:6C9=6H:ME:GI>H:>C6AA6G:6HD;76C@B6C6<:B:CI6C9HIG6I:<>876C@EA6CC>C< :;DG:?D>C>CCIC:G=:A9I=:EDH>I>DCD; M:8JI>K:1>8:+G:H>9:CIR-:<>DC6A6C@>C<(6G@:IH6C9DBBJC>IN-:A6I>DCH;DG6C@:GH /GJHIDBE6CN>C :H(D>C:H $H>C8: +G>DGIDI=6I =:H:GK:96H+G:H>9:CI6C9=>:; M:8JI>K:*;;>8:GD;6C@:GH/GJHI >C:96G-6E>9H $6C9+G:H>9:CID;(6GFJ:II:6C@>C:96G-6E>9H $ (G &>CIC:G6AHDHE:CIH:K:G6AN:6GH>CH:C>DG B6C6<:B:CIEDH>I>DCHL>I=2:AAH!6G:;G:9>I*;;>8:GD;DJG6C@H>C8:JCI>AJK:1>8: +G:H>9:CID;DJGDBE6CNH>C8:%JANJCI>AJI>DC:9ID$CI:G>B=>:;G:9>I*;;>8:G6C9 M:8JI>K: 1>8:+G:H>9:CI $C.:EI:B7:G (G "DJ<=IG6CH>I>DC:9ID6CDC :M:8JI>K:GDA:6H.:C>DG1>8:+G:H>9:CI G:9>I $C=>H EG:K>DJHGDA:H (G "DJ<=L6HG:HEDCH>7A:;DGI=:DK:G6AA9>G:8I>DC6C9DE:G6I>DCHD;I=:8G:9>I9:E6GIB:CI >C8AJ9>CDFJ6A>IN 6C9DK:GH6LDJG8DBB:G8>6A8G:9>I6C98DAA:8I>DCEDA>8>:H EGD8:9JG:H6C9EGD8:HH:H (G "DJ<==6H7::C :BEADN:9L>I=DJG6C@;DGDK:GN:6GH >C8AJ9>CO>C<6C9B6C6<>C8=B6C6<:HIGDJ7A:9 6HH:IH>C8AJ9>CEB:CII=6IL:G:68FJ>G:9I=GDJ<=;DG:8ADHJG: +G:8:9>C<=>HGDA:6H..(6C6<:G;DGI=: 6C@ (G "DJ<=H:GK:96HI=: M:8JI>K:1>8:+G:H>9:CID;G:9>I;DGI=:6C@H.DJI= 6@DI6=6GI:G L=>8=>CL6H B:G<:9L>I=6C97:86B:I=:HJ88:HHDGIDI=:6C@H):7G6H@66C9$DL68=6GI:GH )D?4AE8B8>=0=3(46D;0C8>= 2:6C9DJGHJ7H>9>6G>:H6G:HJ7?:8IID:MI:CH>K:G:DCJC9:G;:9:G6A6C9HI6I:76C@>CH=6 8DBEG:=:CH>K:;G6B:LDG@;DGDJGDE:G6I>DCH /=>H;G6B:LDG@B6NB6I:G>6AAN>BE68IDJG6A6C9;>C6C8>6A E:G;DGB6C8:6C9>H>CI:C9:9EG>B6G>AN;DGI=:EGDI:8I>DCD;9:EDH>IDGH 8JHIDB:GH ;:9:G6A9:EDH>I>CHJG6C8:;JC9H6C9I=:76C@>C< HNHI:B6H6L=DA: CDI;DGI=:EGDI:8I>DCD;DJGHID8@=DA9:GH6C98G:9>IDGH .>;>86CI:A:B:CIHD;I=:HI6IJI:H G:DCH6C9 EDA>8>:H6EEA>867A:IDJH6C9DJGHJ7H>9>6G>:H6G:9:H8G>7:97:ADL /=>H9:H8G>EI>DC>HFJ6A>;>:9>C>IH:CI>G:IN7NG:;:G:C8:IDI=: ;JAAI:MID;I=:HI6IJI:H G:DCH6C9EDA>8>:H9:H8G>7:9 &(6-"503: (&/$*&4 2:6G:676C@=DA9>C<8DBE6CNJC9:GI=:#8I DCH:FJ:CIAN L:6C9DJGHJ7H>9>6G>:H6G:HJ7?:8IIDHJE:GK>H>DC G:DC6C9:M6B>C6I>DC7NI=:!:9:G6A-:H:GK: /=:#8IEGDK>9:H<:C:G6AAN;DGJB7G:AA6G:DCD;76C@=DA9>C< 8DBE6C>:H6C9;JC8I>DC6AG:DCD;=DA9>C<8DBE6CNHJ7H>9>6G>:H7N6EEA>867A:G::H 2:6G:6AHDHJ7?:8IID I=:9>H8ADHJG:6C9G:G:B:CIHD;I=: M8=6C<:8I69B>C>HI:G:97NI=:. 6C9 ;DAADL>CHI>C867A:IDA>HI:98DBE6C>:H *JG6C@>H6C! $ >CHJG:98DBB:G8>6A76C@8=6GI:G:9JC9:GI=:A6LHD;.DJI= 6@DI6 $I>HCDI6B:B7:GD;I=: !:9:G6A-:H:GK:.NHI:B DCH:FJ:CIAN I=:! $6C9I=:. >K>H>DCD;6C@>C<6G:I=:EG>B6GNG:9>6G>:H *JG6C@>H6AHDHJ7?:8IIDI=::C;DG8:B:CI6C9GJA: B6@>C<6JI=DG>IND;I=:!+G:<6G9>C< 8DCHJB:G;>C6C8>6AEGD9J8IH /=:!+=6H6JI=DG>INID8G:6I:6C9:C;DG8:8DCHJB:GEGDI:8I>DCGJA:H6C9G:DCH6C9=6HI=: EDL:GID:M6B>C:DJG6C@;DG8DBEA>6C8:L>I=HJ8=GJA:H6C9G:DCH /=:!+6AHD=6HI=:6JI=DG>INIDEGD=>7>IJC;6>G 9:8:EI>K:DG67JH>K:68IH6C9EG68I>8:H /=:!+=6H:M6B>C6I>DC6C9:C;DG8:B:CI6JI=DG>INDK:G6AA76C@HL>I=BDG:I=6C 7>AA>DC>C6HH:IH HJ8=6HDJG6C@ $C699>I>DC L:D;;:G8:GI6>C>CHJG6C8:6C9>CK:HIB:CIEGD9J8IHI=GDJ<=DJG6C@6C9DJG 6C@VHHJ7H>9>6G>:HI=6I6G:HJ7?:8IIDG:DC6C9HJE:GK>H>DC7N6EEA>867A:HI6I:>CHJG6C8:G::H6C97NI=: !$)-6H6G:HJAID;68DCIG68IJ6AG:A6I>DCH=>EL:=6K:L>I=6I=>G9E6GIN7GD@:G 9:6A:GG:A6I>CH>DCD;HDB:L:6AI= B6C6<:B:CI6C9>CK:HIB:CIH:GK>8:HID8JHIDB:GH &3.*44*#-& $5*7*5*&4'03"/,0-%*/(0.1"/*&4 $C<:C:G6A I=:#8IA>B>IHI=:7JH>C:HHD;76C@=DA9>C<8DBE6C>:HID76C@>C< B6C6<>CC<76C@H6C9 DI=:G68I>K>I>:HI=6II=:!:9:G6A-:H:GK:=6H9:I:GB>C:9ID7:HD8ADH:ANG:A6I:9ID76C@>C<6HID7:6EGDE:G>C8>9:CII=:G:ID 6C@=DA9>C<8DBE6C>:HI=6IFJ6A>;N6C9:A:8IID7:IG:6I:96H;>C6C8>6A=DA9>C<8DBE6C>:HB6N:C<6<:>C67GD69 G6C<:D;699>I>DC6A68I>K>I>:HI=6I6G:>;>C6C8>6A>CC6IJG:DG>C8>9:CI6AIDHJ8=;>C6C8>6A68I>K>I>:HDG>>8DBEA:B:CI6GNID6 ;>C6C8>6A68I>K>IN6C99DCDIEDH:6HJ7HI6CI>6AG>H@IDI=:H6;:IN6C9HDJC9C:HHD;9:EDH>IDGN>CHI>IJI>DCHDGI=:;>C6C8>6AHNHI:B <:C:G6AAN /=:H:68I>K>I>:H>C8AJ9:H:8JG>I>:HJC9:GLG>I>C<6C99:6A>C< >CHJG6C8:JC9:GLG>I>C<6C9B6@>CC< >CK:HIB:CIH 2:=6K:CDI:A:8I:9ID7:IG:6I:96H6;>C6C8>6A=DA9>C<8DBE6CN6C98JGG:CIAN=6K:CDEA6CHIDB6@:6;>C6C8>6A =DA9>C<8DBE6CN:A:8I>DC

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

*/"/$*"-3*7"$: /=:;:9:G6A76C@G:B>I>CA>IND;76C@H6C9DI=:G;>C6C8>6A>CHI>IJI>DCHID9>H8ADH: CDC EJ7A>8>C;DGB6I>DC67DJI8DCHJB:GHIDJC6;;>A>6I:9I=>G9E6GI>:H H6;>C6C8>6A>CHI>IJI>DC DJG>CI:GC6AHNHI:BH6C9K:C9DG DJIHDJG8:9HIDG6<:HDAJI>DCH8DCI6>C6H>;>86CI6BDJCID;H:CH>I>K:96I6 >C8AJ9>CC;DGB6I>DC G:A6I:9IDDJG 8JHIDB:GH 2:6G:I=:G:;DG:HJ7?:8IID8DBEA>6C8:D7A><6I>DCHJC9:G;:9:G6A6C9HI6I:>C;DGB6I>DCH:8JG>INA6LH 6BDCC8AJ9>CA:N8I L=>8=>CHI>IJI:A>B>I6I>DCHDC96I6H=6G>C< /=:H:A>B>I6I>DCHG:FJ>G:9>H8ADHJG:D;EG>K68N EDA>8>:HID8DCHJB:GH6C9 >CHDB:8>G8JBHI6C8:H 6AADL8DCHJB:GHIDEG:K:CI9>H8ADHJG:D;8:GI6>CE:GHDC6A>C;DGB6I>DCID6C JC6;;>A>6I:9I=>G9E6GIN /=:H:G:DCH6;;:8I=DL8DCHJB:G>C;DGB6I>DC>HIG6CHB>II:9I=GDJ<=9>K:GH>;>:9;>C6C8>6A8DBE6C>:H 6C98DCK:N:9IDDJIH>9:K:C9DGH 2:6G:6AHDHJ7?:8IIDK6G>DJHG:96C8:6HJE96I:9;GDBI>B:IDI>B:6C9 >BEA:B:CI:97NI=:!!$ 6C>CI:G6<:C8N7D9ND;I=:! $ I=:*;;>8:D;I=:DBEIGDAA:GD;I=:JGG:C8N I=:!:9:G6A-:H:GK: I=:)6I>DC6AG:9>I0C>DC9B>C>HIG6I>DC6C9K6G>DJHHI6I:G:I>:H !!$ 96C8:>HEGDK>9:9>C6G:6HHJ8=6H 96I6EG>K68N 9>H6HI:GG:8DK:GN >C;DGB6I>DCH:8JG>IN 6C9I=>G9E6GINK:C9DGB6C6<:B:CIID>9:CI>;NEDI:CI>6AG>H@HG:A6I:9IDDJG H:GK>8:HI=6I8DJA969K:GH:AN6;;:8IDJG76C@>C<6C9;>C6C8>6AH:GK>8:H8A>:CIH /=:G:=6K:7::C>C8G:6H:9EJ7A>86II:CI>DC G:<6G9>CC;DGB6I>DC 688DBE6C>:97NA:<>HA6I>DC6C9G:DCH>CI:C9:9IDHIG:CDC >C;DGB6I>DCH:8JG>IN6C98DCHJB:G6C9E:GHDC6AEG>K68N /=:A6L>CI=:H:6G:6H8DCI>CJ:HID9:K:ADE I=:CJB7:GD;?JG>H9>8I>DCH 69DEI>CCJ:HID>C8G:6H:6C9I=:H:A6LHB6N7:>C8DCH>HI:CI;GDBHI6I:IDHI6I: $C(6N I=: JGDE:6C0C>DC 069DEI:968DBEG:=:CH>K:<:C:G6A96I6EG>K68NG:DC" +- " +- 7G>C<=I:C:9H8GJI>CND;96I6EGD8:HH>C<68I>K>I>:H6C9=><=:G;>C:H6C9H6C8I>DCH;DGCDC 8DBEA>6C8:L>I=96I6EGDI:8I>DC A:<>HA6I>DC $C699>I>DC I=:" +-L>9:CHI=:I:GG>IDG>6AH8DE:D; 0EG>K68NGJA:HIDDG<6C>O6I>DCHAD86I:9DJIH>9:I=: 0>;I=:N D;;:G8:HIDDGBDC>IDG 08>I>O:C7:=6K>DGH6C9>CIGD9J8:HC:L8DBEA>6C8:D7A><6I>DCH >C8AJ9>C<;>C6C8>6A E:C6AI>:H;DGCDC 8DBEA>6C8: 2:7:A>:K:I=:6EEA>867>A>IND;I=:" +-IDJH>HB>C>B6A6HL:9DCDID;;:G8:HID 0G:H>9:CIHDGBDC>IDGI=:>G7:=6K>DGH $C699>I>DC DI=:G;:9:G6A HI6I:DGAD86ABEA:B:CIH>B>A6G A:<>HA6I>DC L=>8=8DJA9G:HJAI>C9>;;:G:CIEG>K68NHI6C96G9H;DG9>;;:G:CI<:D86AG:<>DCH &*()5&/&%&26*3&.&/54'03"/,0-%*/(0.1"/*&48*5) *--*0/0303&*/ 44&54 16G>DJH;:9:G6A76C@>CDCH >C8AJ9>CG:B:CIHD;I=: D99 !G6C@8I >BEDH:=:><=I:C:9G:FJ>G:B:CIHDC8:GI6>CA6G<:76C@H6C976C@=DA9>C<8DBE6C>:H (DHI D;I=:H:GJA:H6EEANEG>B6G>ANID76C@=DA9>C<8DBE6C>:HL>I=6IA:6HI7>AA>DC>CIDI6A8DCHDA>96I:96HH:IH 7JI8:GI6>CGJA:H 6AHD6EEANID76C@H6C976C@=DA9>C<8DBE6C>:HL>I=6IA:6HI7>AA>DC>CIDI6A8DCHDA>96I:96HH:IH :86JH:DJG6C@VHIDI6A 8DCHDA>96I:96HH:IH:FJ6ADG:M8::97>AA>DC L:DGDJG6C@ 6H6EEA>867A: 6BDCG:B:CIH < 6G:HJ7?:8IIDI=:B6M>BJBE:GB>HH>7A:>CI:G8=6C<:;::;DGHL>E:IG6CH68I>DCH :FJ6AIDCDBDG:I=6C8:CIH EAJH76H>HED>CIHD;I=:IG6CH68I>DCK6AJ:;DGB6CNINE:HD;9:7>I>CI:G8=6C<:IG6CH68I>DCH 6H9:H8G>7:97:ADL >CS$CI:G8=6C<:!::H < 86A8JA6I:DJG! $9:EDH>I6HH:HHB:CI76H:JH>CINH8DG:HNHI:B 9:H8G>7:967DK:>CS :EDH>I$CHJG6C8:6C9 < 6G::M6B>C:9;DG8DBEA>6C8:L>I=;:9:G6A8DCHJB:GEGDI:8I>DCA6LHEG>B6G>AN7NI=:!+6H9:H8G>7:97:ADL >CSDCHJB:G!>C6C8>6A+GDI:8I>DC +G>DGID:M8::9>C<7>AA>DC>CIDI6A8DCHDA>96I:96HH:IH L:7:<6C6C6ANO>CI=I=:H:GJA:H6H6EEA>867A: )& 0-$,&36-& /=: D99 !G6C@8IEGD=>7>IH>CHJG:99:EDH>IDGN>CHI>IJI>DCH6C9I=:>G=DA9>C<8DBE6C>:H;GDB:C<6<>C<>CEGDEG>:I6GN IG69>C<:M8:EI>CA>B>I:98>G8JBHI6C8:H 6C9EGD=>7>IHI=:B;GDBDLC>C<:FJ>IN>CI:G:HIH>C:M8:HHD;I=G::E:G8:CID;/>:G 6E>I6A>CEG>K6I::FJ>IN6C9=:9<:;JC9H@CDLC6HI=:1DA8@:G-JA: /=:>BEA:B:CI>C7>I76C@>C<:CI>I>:H;GDB :C<6<>C<>CH=DGI I:GBEGDEG>:I6GNIG69>C<;DGI=:>GDLC688DJCIH 6C9=6K>C<8:GI6>CDLC:GH=>E>CI:G:HIH>C6C9 G:A6I>DCH=>EHL>I==:9<:;JC9HDGEG>K6I::FJ>IN;JC9H L=>8=6G:G:;:GG:9ID6H8DK:G:9;JC9H /=:;JC96B:CI6AEGD=>7>I>DCHD; I=:1DA8@:G-JA:6EEANID76C@>C<:CI>I>:HD;6CNH>O: >C8AJ9>CDCH 8DCI6>C:M:BEI>DCH;DGB6G@:I B6@>C< =:9<>C< JC9:GLG>I>C< IG69>C<>C0 . <6I>DCH6C96AHD E:GB>I8:GI6>CDLC:GH=>E>CI:G:HIH>C8:GI6>CINE:HD;;JC9HID7:G:I6>C:9 /=: 8DCDB>8"GDLI= -::;6C9 DCHJB:G+GDI:8I>DC8I6C9HJ7H:FJ:CIEGDBJA<6I>DCD;>CI:G 6<:C8N;>C6AGJA:H=6K:6>B:96IH>BEA>;N>C<6C9I6>ADG>C< G:FJ>G:B:CIHG:A6I:9IDI=:1DA8@:G-JA: $CJ:HBD9>;>:9I=:GJA:ID 6BDCCB>C6I: 8DAA:8I>DCD;8:GI6>CB:IG>8H6C9G:9J8:I=:8DBEA>6C8:7JG9:CH6HHD8>6I:9L>I=I=:G:B6>C>C8HG:FJ>G:B:CIH 9:E:C9>C< DCI=:76C@>C<:CI>INHIDI6A8DCHDA>96I:9IG69>C<6HH:IH6C9A>67>A>I>:H /=:G::H8DCI>CJ:ID8DCH>9:G699>I>DC6A EGDEDH6AHIDH>BEA>;NDG:A>B>C6I:DI=:G6HE:8IHD;I=:1DA8@:G-JA: J:IDI=:8=6C<>CAA8DCI>CJ: ID:K6AJ6I:I=:>BEA>86I>DCHD;I=:1DA8@:G-JA:HDC>IH>CK:HIB:CIH >C8AJ9>CBE68IH6H6G:HJAID;I=:8=6C<:H 7JI9D:H CDI:ME:8I6CNB6I:G>6A;>C6C8>6A>BEA>86I>DCH

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

/=:6E>I6A-JA:HEGDK>9:;DG6CJB7:GD;9:9J8I>DCH;GDB6C969?JHIB:CIHID /86E>I6A /=:H:>C8AJ9: ;DG :M6BEA: I=:G:FJ>G:B:CII=6IBDGI<6<:H:GK>8>C<=IH 8:GI6>C9:;:GG:9I6M6HH:IH6C9H>;>86CI>CK:HIB:CIH>CCDC 8DCHDA>96I:9;>C6C8>6A:CI>I>:H7:9:9J8I:9;GDB /86E>I6AIDI=::MI:CII=6I6CNDC:HJ8=86I:I6ADG6AAHJ8=86I::H>CI=:6<I6A $BEA:B:CI6I>DCD;I=:9:9J8I>DCH6C9DI=:G 69?JHIB:CIHID /86E>I6A7:<6CDC%6CJ6GN 6C9L:G:E=6H:9>CDK:G6;DJG N:6GE:G>D97:<>CC>C<6IDC %6CJ6GN 6C96C699>I>DC6AE:GN:6GI=:G:6;I:G /=:6E>I6A-JA:H6AHD<:C:G6AANEG:8AJ9:8:GI6>C=N7G>9H:8JG>I>:H HJ8=6HIGJHIEG:;:GG:9H:8JG>I>:H ;GDB7:>C<8DJCI:96H/>:G86E>I6A;DGBDHI76C@=DA9>C<8DBE6C>:H 6C@=DA9>C<8DBE6C>:H HJ8=6HJHL=D=69A:HHI=6C7>AA>DC>C6HH:IH6HD; :8:B7:G 6C9L=D8DCI>CJ:ID=6K:A:HHI=6C7>AA>DC>C 6HH:IH6G:E:GB>II:9ID>C8AJ9:IGJHIEG:;:GG:9H:8JG>I>:H>HHJ:9EG>DGID(6N 6H99>I>DC6A/>:G86E>I6AJC9:GI=: 6E>I6A-JA:H /=:6E>I6A-JA:HEG:H8G>7:6HI6C96G9>O:96EEGD68=;DGG>H@L:><=I>CCI>:H ;DG0 . :H6C9BJC>8>E6A7DC9H ;DGAD6CH6C9JEID;DG8:GI6>C:FJ>IN:MEDHJG:H 2>I=G:HE:8IIDDJG6C@ I=:6E>I6A-JA:H6AHDG:K>H:9I=:EGDBEI8DGG:8I>K:68I>DCG:DCHEJGHJ6CIID.:8I>DC D;I=:! $ .::S+GDBEIDGG:8I>K:-:DC 2:7:A>:K:I=6I 6HD;.:EI:B7:G L:6C9DJG6C@LDJA9B::I6AA86E>I6A69:FJ68NG:FJ>G:B:CIHJC9:GI=: 6E>I6A-JA:HDC6;JAANE=6H:9 >C76H>H6H>;HJ8=G:FJ>G:B:CIHL:G:I=:C>C:;;:8I *C :8:B7:G I=:;:9:G6A76C@>C<6<:C8>:H>HHJ:96?D>CI;>C6AGJA:IDG:K>H:I=:>GG:I6AGJA:HID> 699G:HHI=:JE8DB>C<>BEA:B:CID;I=: '688DJCI>C>EGDK>9:6CDEI>DC6AI=G:: N:6GE=6H: >C E:G>D9;DGI=:96N DC:69K:GH:G:I6A:;;:8IHI=6I76C@>CO6I>DCH6G::ME:8I:9ID:ME:G>:C8:JEDC69DEI>C< '6C9>>>G:FJ>G:I=:JH:D; '>CHIG:HHI:HIH7:<>CC>CI=I=:86E>I6AEA6CC>C<6C9HIG:HHI:HI>C<8N8A:;DG 8:GI6>C76C@>CO6I>DCH 2:6G:8JGG:CIAN:K6AJ6I>CBE68II=: 'BD9:AL>AA=6K:DCDJG688DJCI>C< 6C9:ME:8IID G:8DO:6DC: I>B:8JBJA6I>K: :;;:8I69?JHIB:CIIDDJG6AADL6C8:;DGAD6CADHH:H6HD;I=:7:<>CC>CGHIG:EDGI>C< E:G>D9>CL=>8=I=:C:LHI6C96G9>H:;;:8I>K: II=>HI>B: L:86CCDIN:IG:6HDC67AN9:I:GB>C:I=:B6IJ9:D;HJ8=DC: I>B: 8JBJA6I>K:69?JHIB:CI >;6CN DGD;I=:DK:G6AA>BE68ID;I=:C:LHI6C96G9DCDJG7JH>C:HH ;>C6C8>6A8DC9>I>DCDGG:HJAIHD; DE:G6I>DCH 30.15033&$5*7&&(6-"503: $5*0/ !:9:G6AA6LG:FJ>G:H 6BDCCI>:HI6@:EGDBEI8DGG:8I>K:68I>DCL>I= G:HE:8IID>CHI>IJI>DCHI=6I9DCDIB::IB>C>BJB86E>I6AG:FJ>G:B:CIH !DGHJ8=EJGEDH:H I=:A6L:HI67A>H=:H;>K:86E>I6AI>:GH L:AA86E>I6A>O:9 69:FJ6I:AN86E>I6A>O:9 JC9:G86E>I6A>O:9 H>;>86CIANJC9:G86E>I6A>O:9 6C98G>I>86AANJC9:G86E>I6A>O:9 H6G:HJAID;I=:6H:A$$$-JA:H C:L9:;>C>I>DCHD;I=:G:A:K6CIB:6HJG:H;DGI=:;>K:86E>I6A86I::HIDD@:;;:8IDC %6CJ6GN C>CHI>IJI>DC>H9::B:9ID7:L:AA86E>I6A>O:9>;>I=6H6IDI6AG>H@ 76H:986E>I6AG6I>DD; DG:GG>H@ 76H:986E>I6AG6I>DD; DGIN/>:GG>H@ 76H:986E>I6AG6I>DD; DGI6AG6I>DD; DGHCDIHJ7?:8IID6G:G:8I>K:IDB::I6C9B6>CI6>C6 HE:8>;>886E>I6AA:K:A;DG6CN86E>I6AB:6HJG: C>CHI>IJI>DC>H9::B:9ID7:69:FJ6I:AN86E>I6A>O:9>;>I=6H6IDI6AG>H@ 76H:986E>I6AG6I>DD; DG:G G>H@ 76H:986E>I6AG6I>DD; DGIN/>:GG>H@ 76H:986E>I6AG6I>DD; DGI6AG6I>DD; DGI6A-JA:H9DCDI8=6C<:I=:IDI6AG>H@ 76H:986E>I6AG:FJ>G:B:CIH;DG6CNEGDBEI 8DGG:8I>K:68I>DC86I:I6A>O:9L>I=/>:G86E>I6AG6I>DHD; 6C9 G:HE:8I>K:AN IDI6A86E>I6AG6I>DHD; 6C9 G:HE:8I>K:AN />:GA:K:G6<:G6I>DHD; 6C9 G:HE:8I>K:AN 6C96 /86E>I6AG6I>DD; 6C9 G:HE:8I>K:AN 6H86A8JA6I:9JC9:G6H:A$$$L=>8=L:CI>CID:;;:8IDC%6CJ6GN !DG BDG:>C;DGB6I>DCDCI=:H:;>C6C8>6AB:6HJG:H >C8AJ9>CA>6I>DCHIDDJG6C9DJG6C@VH/>:G86E>I6AG6I>D H::$I:B (6C6<:B:CIH >H8JHH>DC6C9C6ANH>HD;!>C6C8>6ADC9>I>DC6C9-:HJAIHD;*E:G6I>DCHS6E>I6A C>CHI>IJI>DC>H9::B:9ID7:JC9:G86E>I6A>O:9>;>I=6H6IDI6AG>H@ 76H:986E>I6AG6I>DD;A:HHI=6C 6/>:GG>H@ 76H:986E>I6AG6I>DD;A:HHI=6C 68DBBDC:FJ>IN/>:GG>H@ 76H:986E>I6AG6I>DD;A:HHI=6C DG<:C:G6AAN6A:K:G6<: 86E>I6AG6I>DD;A:HHI=6C C>CHI>IJI>DC>H9::B:9ID7:H>;>86CIANJC9:G86E>I6A>O:9>;>I=6H6IDI6AG>H@ 76H:986E>I6A G6I>DD;A:HHI=6C 6/>:GG>H@ 76H:986E>I6AG6I>DD;A:HHI=6C 68DBBDC:FJ>IN/>:GG>H@ 76H:986E>I6AG6I>DD;A:HH I=6C DG6A:K:G6<:86E>I6AG6I>DD;A:HHI=6C C>CHI>IJI>DC>H9::B:9ID7:8G>I>86AANJC9:G86E>I6A>O:9>;>I=6H6G6I>D D;I6C<>7A::FJ>IN6H9:;>C:9>CI=:G:DCHIDIDI6A6HH:IHI=6I>H:FJ6AIDDGA:HHI=6C

0C9:G86E>I6A>O:9>CHI>IJI>DCH6G:HJ7?:8IIDI6A9>HIG>7JI>DC>C8AJ9>C<9>K>9:C9 6C9DI=:GA>B>I6I>DCH 6C9 6G:G:FJ>G:9IDHJ7B>I686E>I6AG:HIDG6I>DCEA6C6C969:FJ6I:6HHJG6C8:HD;E:G;DGB6C8: C>CHI>IJI>DCH8DBEA>6C8:L>I=HJ8=6 EA6C>HG:FJ>G:9ID7:I6A>O:9>CHI>IJI>DC>C6C6BDJCI:FJ6AIDI=:A:HH:GD; D;I=:76C@HIDI6A6HH:IHL=:C9::B:9JC9:G86E>I6A>O:9DGI=:6BDJCIC:8:HH6GNID68=>:K:I=:HI6IJHD;69:FJ6I:AN 86E>I6A>O:9 $;6CJC9:G86E>I6A>O:9>CHI>IJI>DC;6>AHIDHJ7B>I6C688:EI67A:EA6C >I>HIG:6I:96H>;>I>HH>;>86CIAN JC9:G86E>I6A>O:9 .>;>86CIANJC9:G86E>I6A>O:9>CHI>IJI>DCH6G:HJ7?:8IIDDC:DGBDG:699>I>DC6AG:HIG>8I>DCH>C8AJ9>C< 7JICDI A>B>I:9ID 6CDG9:G7NI=:! $IDH:AAHJ;;>8>:CIKDI>CI6A>O:9G:FJ>G:B:CIHIDG:9J8:IDI6A 6HH:IH 8:6H:G:8:>EID;9:EDH>IH;GDB8DGG:HEDC9:CI76C@H DG9>HB>HH9>G:8IDGHDGD;;>8:GH6C9G:HIG>8I>DCHDC>CI:G:HIG6I:HE6>9 DC9:EDH>IH 8DBE:CH6I>DCD;:M:8JI>K:D;;>8:GH 6C986E>I6A9>HIG>7JI>DCH7NI=:E6G:CI=DA9>C<8DBE6CN CJC9:G86E>I6A>O:9 >CHI>IJI>DC>H6AHD<:C:G6AANEGD=>7>I:9;GDB>C8G:6H>C<>IH6K:G6<:IDI6A6HH:IH B6@>C<68FJ>H>I>DCH6C986E>I6A9>HIG>7JI>DCH :HI67A>H=>C<6CN7G6C8=:HDG:C<6<>C<>C6CNC:LA>C:D;7JH>C:HH :M8:EI>C688DG96C8:L>I=6C688:EI:986E>I6AG:HIDG6I>DCEA6C DGL>I=I=:6EEGDK6AD;I=:! $ :<>CC>C<96NH6;I:G7:8DB>C<8G>I>86AANJC9:G86E>I6A>O:9 8G>I>86AANJC9:G86E>I6A>O:9>CHI>IJI>DCH6AHDB6NCDIB6@: 6CNE6NB:CID;EG>C8>E6ADG>CI:G:HIDC8:GI6>CHJ7DG9>C6I:99:7I :MI:C98G:9>I;DG6=><=ANA:K:G6<:9IG6CH68I>DC DG:CI:G>CID 6CNB6I:G>6AIG6CH68I>DCDJIH>9:I=:DG9>C6GN8DJGH:D;7JH>C:HH $C699>I>DC HJ7?:8IID6C6GGDL:M8:EI>DC I=:6EED>CIB:CID;6 G:8:>K:G>HG:FJ>G:9;DG68G>I>86AANJC9:G86E>I6A>O:9>CHI>IJI>DCL>I=>C96NH6;I:G>ID7I6>CHHJ8=HI6IJH $C699>I>DC I=:! $EGD=>7>IH6C>CHJG:99:EDH>IDGN>CHI>IJI>DC;GDB688:EI>C<7GD@:G:99:EDH>IHDGD;;:G>C<>CI:G:HI G6I:HDC6CN9:EDH>IHH>;>86CIAN=><=:GI=6CI=:EG:K6>A>CCI=:76C@VHCDGB6AB6G@:I6G:6DGC6I>DC6AAN9:E:C9>CIH6G:HDA>8>I:9 JCA:HH>I>HL:AA86E>I6A>O:9DG>H69:FJ6I:AN86E>I6A>O:96C9G:8:>K:H6L6>K:G;GDBI=:! $ 9:EDH>IDGN>CHI>IJI>DCI=6I>H69:FJ6I:AN86E>I6A>O:96C9688:EIH7GD@:G:99:EDH>IHJC9:G6L6>K:G;GDBI=:! $B6NCDIE6N6C >CI:G:HIG6I:DC6CN9:EDH>I>C:M8:HHD;76H>HED>CIHDK:G8:GI6>CEG:K6>A>C

$CHI>IJI>DCHI=6I6G:JC9:G86E>I6A>O:9DGH>;>86CIANJC9:G86E>I6A>O:96C9:>I=:G;6>AIDHJ7B>I6C688:EI67A:86E>I6A G:HIDG6I>DCEA6CDG;6>AID>BEA:B:CI6C6EEGDK:986E>I6AG:HIDG6I>DCEA6CB6N7:HJ7?:8IID6CJB7:GD;G:FJ>G:B:CIH6C9 G:HIG>8I>DCH >C8AJ9>C8>:CIKDI>CI6A>O:9 G:FJ>G:B:CIHIDG:9J8:IDI6A6HH:IH 6C98:HH6I>DCD;G:8:>EID;9:EDH>IH;GDB8DGG:HEDC9:CI76C@H G>I>86AANJC9:G86E>I6A>O:99:EDH>IDGN>CHI>IJI>DCH;6>A>CI DG>BEA:B:CI6C688:EI67A:86E>I6AG:HIDG6I>DCEA6C6G:HJ7?:8IID6EED>CIB:CID;6G:8:>K:GDG8DCH:GK6IDG HD;.:EI:B7:G DJG6C@L6HL:AA86E>I6A>O:976H:9DCI=::M>HI>CDH6C9I=:G6I>DH6HBD9>;>:97N6H:A$$$6E>I6A-JA:H /5*0/&:"6/%&3*/("/%5)& 2:6G:HJ7?:8IID6K6G>:IND;A6LH6C9G:DCHI=6I>CKDAK:BDC:NA6JC9:G>C< ;>C6C8>6AG:8DG9@::E>C<6C9EGD8::9H ;GDB8G>B: >C8AJ9>CIA:$$$D;I=:0.+/-$*/8I6C96CNG:A6I:9DGH>B>A6GGJA:H G:DCHDG 9:A>C:H >HHJ:9 69B>C>HI:G:9DG:C;DG8:97NI>:H>CI=:0 . HJ8=6HI=: :E6GIB:CID;I=:/G:6HJGNH !>C )6C9I=:!!$ B6?DG;D8JHD;8NDC;>C6C8>6A>CHI>IJI>DCH>CG:8:CIN:6GH=6H7::C6>B:96I6CI> BDC:NA6JC9:G>C<6C9I:GGDG>HI;>C6C8>C< /=:0.+6IG>DI8IHJ7HI6CI>6AAN7GD69:C:9I=:H8DE:D;0C>I:9.I6I:H6CI> BDC:N A6JC9:G>CDCH7N>BEDH>C;>86CIC:L8DBEA>6C8:6C99J:9>A><:C8:D7A><6I>DCH 8G:6I>CB:H6C9 E:C6AI>:H6C9:ME6C9>CIDG>6A?JG>H9>8I>DCD;I=:0C>I:9.I6I:H>CI=:H:6G:6H8JHIDB:G>9:CI>;>86I>DCEGDC< I:GGDG>HI;>C6C8>C< >9:CI>;N>C<6C9G:EDGI>C8>DJH68I>K>I>:H6C98JGG:C8NIG6CH68I>DCH 8JGG:C8N8G>B:H 6C98DDE:G6I>DC7:IL::C;>C6C8>6A>CHI>IJI>DCH6C9A6L:C;DG8:B:CI6JI=DG>I>:H 2:6G:G:FJ>G:9 6HE6GID;DJG.(' EGD8:G B6>CI6>C6.('IG6>C>CCI6>C>CI:GC6A8DCIGDAHID:;;:8IJ6I:I=:. ('EGDBEA:B:CI>C9:E:C9:CII:HI>CI=!>C )HC:L -JA: /=: -JA:699H6C:LG:FJ>G:B:CI;DGJHID>9:CI>;N6C9K:G>;NI=:>9:CI>IND;C6IJG6AE:GHDCH7:C:;>8>6A DLC:GHD;A:<6A:CI>IN8JHIDB:GHL=DDLC 8DCIGDA6C9EGD;>I;GDB8DBE6C>:HL=:CI=DH:8DBE6C>:HDE:C688DJCIH /=: -JA:=6H;DJG8DG:G:FJ>G:B:CIH $IG:FJ>G:H8DK:G:9;>C6C8>6A>CHI>IJI>DCHID:HI67A>H=6C9B6>CI6>CLG>II:CEDA>8>:H6C9 EGD8:9JG:HI=6I6G:G:6HDC67AN9:H>9:CI>;N6C9K:G>;NI=:>9:CI>IND;8JHIDB:GH>9:CI>;N6C9K:G>;NI=:>9:CI>IND; I=:7:C:;>8>6ADLC:GHD;8DBE6C>:HDE:C>C<688DJCIHJC9:GHI6C9I=:C6IJG:6C9EJGEDH:D;8JHIDB:GG:A6I>DCH=>EHID9:K:ADE 8JHIDB:GG>H@EGD;>A:H6C98DC9J8IDCCIDG>C9:CI>;N6C9G:EDGIHJHE>8>DJHIG6CH68I>DCH6C9 DC6G>H@76H>H ID B6>CI6>C6C9JE96I:8JHIDB:G>C;DGB6I>DC 2>I=G:HE:8IIDI=:C:LG:FJ>G:B:CIIDD7I6>C7:C:;>8>6ADLC:GH=>E>C;DGB6I>DC ;>C6C8>6A>CHI>IJI>DCHL>AA=6K:ID>9:CI>;N6C9K:G>;NI=:>9:CI>IND;6CN>C9>K>9J6AHL=DDLCE:G8:CIDGBDG:D;6A:<6A:CI>IN 6C96C>C9>K>9J6AL=D8DCIGDAHI=:A:<6A:CI>IN

!>C6C8>6A>CHI>IJI>DCH6G:EGD=>7>I:9;GDB:CI:G>C<>CIDHE:8>;>:9;>C6C8>6AIG6CH68I>DCH6C9688DJCIG:A6I>DCH=>EH6C9 BJHIJH::C=6C8:99J:9>A><:C8:EGD8:9JG:H>CI=:>G9:6A>CI=8:GI6>CINE:HD;=><= G>H@8JHIDB:GH6C9>BEA:B:CI6LG>II:C 8JHIDB:G>9:CI>;>86I>DCEGDC6C8>6A>CHI>IJI>DCHBJHII6@:8:GI6>CHI:EHID6HH>HI:H>C9:I:8I>C<6C9 EG:K:CI>CC<6C9G:EDGI8:GI6>CINE:HD;HJHE>8>DJHIG6CH68I>DCH BDCH>DCH I=:0.+6IG>DI8I G:FJ>G:H;>C6C8>6A>CHI>IJI>DCHID=6K:6CI> BDC:NA6JC9:G>CCEA68:6C9G:FJ>G:H76C@>C9:G6 =DA9>C<8DBE6CNH:;;:8I>K:C:HH>C8DB76I>C< BDC:NA6JC9:G>CCCB:G<:GDG68FJ>H>I>DC6EEA>86I>DCH !6>AJG:D;6;>C6C8>6A>CHI>IJI>DCIDB6>CI6>C6C9>BEA:B:CI69:FJ6I:EGDC<6C9I:GGDG>HI ;>C6C8>C< DGID8DBEANL>I=6AAD;I=:G:A:K6CIA6LHDGG:DCH 8DJA9=6K:H:G>DJHA:<6A6C9G:EJI6I>DC6A8DCH:FJ:C8:H;DGI=: >CHI>IJI>DC >C8AJ9>C<86JH>C<6EEA>867A:76C@G:I>:HCDIID6EEGDK:B:G<:GDG68FJ>H>I>DCIG6CH68I>DCHL=:C G:HG:FJ>G:9DGIDEGD=>7>IHJ8=IG6CH68I>DCH:K:C>;6EEGDK6A>HCDIG:FJ>G:9 -:I>:H=6K: >BEDH:98:6H:6C99:H>HIDG9:GH6C98>K>ABDC:NE:C6AI>:H6<6>CHI>CHI>IJI>DCH;DJC9ID7:K>DA6I>C<6I>DCH ''*$&0'03&*(/ 44&540/530-&(6-"5*0/ /=:0 . /G:6HJGN :E6GIB:CIVH*!69B>C>HI:GH6C9:C;DG8:H:8DCDB>86C9IG69:H6C8I>DCH6<6>CHII6G<:I:9;DG:>:H6C9G:<>B:H JC9:G6JI=DG>IND;K6G>DJHA6LH >C8AJ9>C<9:H>:H C6I>DC6AH6C9DI=:GH *! EJ7A>H=:HA>HIHD;HE:8>6AAN9:H>:H 2:6C9DJG6C@6G:G:HEDCH>7A:;DG 6BDCCC< 688DJCIHD; 6C9IG6CH68I>DCHL>I= HJ8=I6G<:IH6C98DJCIG>:H EGD=>7>I>C8:CH:9IG69:6C9;>C6C8>6AIG6CH68I>DCHL>I=I=:B 6C9G:EDGI>C<7AD8@:9IG6CH68I>DCH6;I:GI=:>GD88JGG:C8: !6>AJG:ID8DBEANL>I=I=:H:H6C8I>DCH8DJA9=6K:H:G>DJHA:<6A6C9 G:EJI6I>DC6A8DCH:FJ:C8:H >C8AJ9>C<86JH>C<6EEA>867A:76C@G:I>:HCDIID6EEGDK:B:G<:GDG68FJ>H>I>DC IG6CH68I>DCHL=:CG:HG:FJ>G:9DGIDEGD=>7>IHJ8=IG6CH68I>DCH:K:C>;6EEGDK6A>HCDIG:FJ>G:9 E08;01;4 =5>A<0C8>= *JG>CI:GC:I699G:HH>HLLL A:9DG;JGC>H=:9EJGHJ6CIID.:8I>DC6DG9D;I=: M8=6C<:8I6G:6K6>A67A:;G::D;8=6G<:I=GDJ<=DJGL:7H>I:7N8A>8@>CDCHA>C@6II=:7DIIDBD;I=: E6<:6HHDDC6HG:6HDC67ANEG68I>867A:6;I:GI=:;>A>CH=>C6AL>I=I=:.

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

JG>C< I=:0 . :8DCDBN=6H8DCI>CJ:9ID9:G6C<:D;>C9JHIG>:H6C9G:<>DCH>CI=:0 . #DL:K:G I=:G:6G:8DCI>CJ>C<8DC8:GCHG:A6I:9IDI=:A:K:AD;0 . H86A68I>DCHI=6IB6N7:I6@:CID 699G:HHI=6I9:7I 9:EG:HH:9D>AEG>8:H6C9I=:0 . =>C6IG69:9>HEJI:H6C9G:A6I:9I6G>;;HI=6IB6N=6K:69:HI67>A>O>C<:;;:8I DC;>C6C8>6AB6G@:IH /=:G:86C7:CD6HHJG6C8:I=6I:8DCDB>88DC9>I>DCHL>AA8DCI>CJ:ID>BEGDK: 6C9I=:H:8DC9>I>DCH8DJA9 LDGH:C 8DCDB>8EG:HHJG:DC8DCHJB:GH6C9JC8:GI6>CING:<6G9>C<8DCI>CJ>C<:8DCDB>8>BEGDK:B:CIB6NG:HJAI>C8=6C<:H>C 8DCHJB:G6C97JH>C:HHHE:C9>C< 7DGGDL>C<6C9H6K>C<=67>IH .J8=8DC9>I>DCH8DJA9=6K:6B6I:G>6A69K:GH::;;:8IDCI=:8G:9>I FJ6A>IND;DJGAD6CHDGDJG7JH>C:HH ;>C6C8>6A8DC9>I>DCDGG:HJAIHD;DE:G6I>DCH /=:68JAIJG6A:8DCDBN>CDJGHI6I:H L=>8=>H>BEDGI6CIIDDJG;>C6C8>6AE:G;DGB6C8:6H6B6?DG68JAIJG6AA:C9:G =6H7::C6;;:8I:97N9:8A>C:H>CEG>8:H6C9I=:G6I:HD;EG>8:DJH8GDEH6C9DI=:G68JAIJG6A8DBBD9>I>:H .>B>A6GAN L:6@:GEG>8:H8DJA9G:9J8:I=:86H=;ADLH<:C:G6I:97N;6GBH6C9I=:K6AJ:D;68JAIJG6AA6C9>CDJGAD86AB6G@:IH 6C9I=:G:7N>C8G:6H:I=:G>H@D;9:;6JAI7NDJG7DGGDL:GHDGG:9J8:I=:;DG:8ADHJG:K6AJ:D;68JAIJG6AA6C96C9:FJ>EB:CII=6I H:GK:6H8DAA6I:G6A;DG8:GI6>CD;DJGAD6CH !JGI=:G9:8A>C:H>C8DBBD9>INEG>8:HDG8DAA6I:G6AK6AJ:HB6N>C8G:6H:I=:>C8>9:C8:D; 9:;6JAI7NDJG7DGGDL:GH (DG:DK:G L:6@:GEG>8:HB><=II=G:6I:C;6GB>CDCH>CI=:0C>I:9.I6I:H G:9J8>C8JAIJG6AA:C9>C< $CE6GI>8JA6G ;6GB>C8DB:=6HH::CG:8:CI9:8A>C:H 6C9>CA>C:L>I=I=:9DLCIJGC>C;6GB >C8DB: ;6GBA6C9EG>8:H6G:8DB>CIDG6C9G:K>:LDJG68JAIJG:EDGI;DA>DID>9:CI>;NAD6CHEDI:CI>6AAN 6;;:8I:97N9:8A>C:H>C68JAIJG6A8DBBD9>INEG>8:H6C9ADL:G8DAA6I:G6AK6AJ:H6C9 L=:G:6K6>A67A: H::@;GDBI=:7DGGDL:G 8G:9>I:C=6C8:B:CIHHJ8=6H699>I>DC6A8DAA6I:G6ADGI>DC 8:GI6>CAD86A:8DCDB>:H>CDJGHI6I:HG:ANIDK6GN>C<:MI:CIHDCB6CJ;68IJG>C< L=>8==6H:ME:G>:C8:9HI::E 9:8A>C:H>CI=:0C>I:9.I6I:HDK:GI=:A6HI9:869: :8A>C:H>C68JAIJG:DGB6CJ;68IJG>C<>CI=:H:AD86A:8DCDB>:HB6N86JH: I=:AD86A8DBB:G8>6A:CK>GDCB:CIID9:8A>C: L=>8=B6N>BE68II=:8G:9>IFJ6A>IND;8:GI6>CD;DJG7DGGDL:GHDGG:9J8:I=: 9:B6C9;DGDJGEGD9J8IHDGH:GK>8:H :8A>C:H>CB6CJ;68IJG>C<6AHDB6NC:<6I>K:AN6;;:8II=:B6G@:I;DG 6C9I=:K6AJ:D; 6CN >C9JHIG>6A:FJ>EB:CIDGB68=>C:GN6C96CNG6LB6I:G>6AHJH:96H8DAA6I:G6A;DG6CNAD6CH>CDJGEDGI;DA>D 2=>A::8DCDB>8 8DC9>I>DCH>CDJGHI6I:H6C9I=:0C>I:9.I6I:H=6K:H=DLCH>BEGDK:B:CI I=:G:86C7:CD6HHJG6C8:I=6II=>H>BEGDK:B:CI L>AA8DCI>CJ: )"/(&4*/ 53"%&10-*$*&4"/%05)&3'"$5034#&:0/%0630.1"/:=4$0/530-*/$-6%*/(5)&*.104*5*0/0'5"3*''4 "/%3&5"-*"503:5"3*''4.":"%7&34&-:*.1"$5063#64*/&44'*/"/$*"-$0/%*5*0/"/%3&46-540'01&3"5*0/4 /=:G:=6K:7::C8=6C<:H6C99>H8JHH>DCHL>I=G:HE:8IID0 . IG69:EDA>8>:H A:<>HA6I>DC IG:6I>:H6C9I6G>;;H >C8AJ9>C< IG69:EDA>8>:H6C9I6G>;;H6;;:8I>C:H >C8AJ9>C<=>C6 I=: JGDE:6C0C>DC 6C6966C9(:M>8D6C9G:I6A>6IDGN I6G>;;H7NHJ8=8DJCIG>:H /6G>;;H6C9G:I6A>6IDGNI6G>;;H=6K:7::C>BEDH:9 6C9699>I>DC6AI6G>;;H6C9G:I6A>6I>DCI6G>;;H=6K:7::C EGDEDH:9 .J8=I6G>;;H G:I6A>6IDGNI6G>;;HDGDI=:GIG69:G:HIG>8I>DCHDCEGD9J8IH6C9B6I:G>6AHI=6IDJG8JHIDB:GH>BEDGIDG:MEDGI >C8AJ9>C<6BDC8JAIJG6AEGD9J8IH 8DJA986JH:I=:EG>8:HD;DJG8JHIDB:GHVEGD9J8IHID>C8G:6H:L=>8=8DJA9G:9J8: 9:B6C9;DGHJ8=EGD9J8IH DGG:9J8:DJG8JHIDB:GB6G<>CH 6C969K:GH:AN>BE68II=:>GG:K:CJ:H ;>C6C8>6AG:HJAIH6C967>A>INID H:GK>8:9:7IL=>8= >CIJGC 8DJA969K:GH:AN6;;:8IDJG;>C6C8>6A8DC9>I>DC6C9G:HJAIHD;DE:G6I>DCH $C699>I>DC IDI=::MI:CI 8=6C<:H>CI=:EDA>I>86A:CK>GDCB:CI=6K:6C:<6I>K:>BE68IDCJHDGDCI=:B6G@:IH>CL=>8=L:DE:G6I:DJG7JH>C:HH G:HJAIHD; DE:G6I>DCH6C9;>C6C8>6A8DC9>I>DC8DJA97:B6I:G>6AAN6C969K:GH:AN>BE68I:9>CI=:;JIJG: $IG:B6>CHJC8A:6GL=6II=:0 . 9B>C>HIG6I>DCDG;DG:>AADGL>AACDI9DL>I=G:HE:8IIDI6G>;;H6AG:69N>BEDH:9 699>I>DC6AI6G>;;HI=6IB6N7: >BEDH:9 DG>CI:GC6I>DC6AIG69:68>:H *C*8ID7:G I=:0C>I:9.I6I:H 6C6966C9(:M>8D686C!G::/G69:A:G6I>;>:97N(:M>8D I=:IG69:9:6A>HHJ7?:8IID 8DCDC6A 6EEGDK6A6C9G6I>;>86I>DC7N6C696L=>8=B6NDGB6NCDI7:6EEGDK:97NI=::C9D; $CI=::K:CII=6II=: 6HCDI;JAANG6I>;>:9>C K6G>DJH8DBEDC:CIHB6NCDI7::;;:8I>K:JCI>A /=:;JAA>BE68ID;I=>H688DC9>I>DCH>CDJGHI6I:H>H8JGG:CIANJC@CDLC IG69:L6GDGDI=:GDC G:A6I:9IDI6G>;;HDG>CI:GC6I>DC6AIG69:68>:H=6HI=:EDI:CI>6AIDC:<6I>K:AN>BE68IDJGH6C9DGDJG8JHIDB:GH 8DHIH 9:B6C9;DGDJG8JHIDB:GHEGD9J8IH 6C9DGI=:0 . :8DCDBNDG8:GI6>CH:8IDGHI=:G:D;6C9 I=JH 69K:GH:AN>BE68IDJG 7JH>C:HH ;>C6C8>6A8DC9>I>DC6C9G:HJAIHD;DE:G6I>DCH

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೬&3*/1"35*$6-"3"/%05)&3 '"$50340654*%&0'5)೬&3=4$0/530- I.:EI:B7:G DJG68JAIJG6AAD6CH 8DCH>HI>CB6G>AND;68JAIJG6ADE:G6I>C8JAIJG6AG:6A:HI6I:AD6CH L:G: 7>AA>DC G:EG:H:CI>C< D;DJGIDI6AAD6C EDGI;DA>D I.:EI:B7:G 68JAIJG6ADE:G6I>CAA>DC DG D;DJGAD6CEDGI;DA>D6C9 68JAIJG6AG:6A:HI6I:AD6CHIDI6A:9 B>AA>DC DG D;DJGAD6CEDGI;DA>D /=:EG>B6GNA>K:HID8@D;DJG8JHIDB:GHID L=DBL:=6K::MI:C9:968JAIJG6AAD6CH>C8AJ9:96>GN8DLH =DB6GN8GDEHD;DJG8JHIDB:GHID L=DBL:=6K::MI:C9:968JAIJG6AAD6CH>C8AJ9:8DGC HDN7:6CH6C9 ID6A:HH:G:MI:CI L=:6I6C98DIIDC $C699>I>DC L: :HI>B6I:I=6I D;DJG8DBB:G8>6ACDC G:6A:HI6I:AD6CH6C9DLC:G D88JE>:9- AD6CHL:G:68JAIJG: G:A6I:9AD6CH6I .:EI:B7:G 8JAIJG6AB6G@:IH6G:=><=ANH:CH>I>K:IDG:6A6C9E:G8:>K:98=6C<:H>CI=:HJEEAN6C99:B6C9D;68JAIJG6A EGD9J8IH H6EEGDM>B6I:AND;DJG68JAIJG6AA:C9>C<:M8AJ9>C<8DBB:G8>6ACDC G:6A:HI6I:AD6CH6C9DLC:G D88JE>:9 - AD6CH>HID;6GBHEGD9J8>C<C 7::;86IIA: 96>GNEGD9J8IHDG=DH8ADH:ANG:A6I:9IDI=:E:G;DGB6C8: D; 6C9HJEEAN6C99:B6C9>C I=:H:68JAIJG6AHJ7 H:8IDGH 2:6@:G8DBBD9>INEG>8:H8DJA9G:9J8:I=:86H=;ADLHD;DJG 7DGGDL:GH6C9I=:K6AJ:D;68JAIJG6AA6C9>CDJGB6G@:IH6C9I=:G:7N>C8G:6H:I=:G>H@D;9:;6JAI7NDJG7DGGDL:GHDGG:9J8:I=: ;DG:8ADHJG:K6AJ:D;68JAIJG6AA6C96C9:FJ>EB:CII=6IH:GK:H6H8DAA6I:G6A;DG8:GI6>CD;DJGAD6CH /=:>BEDH>I>DCD;I6G>;;H6C9 G:I6A>6IDGNI6G>;;HDGDI=:GIG69:G:HIG>8I>DCHDC68JAIJG:EGD9J8IH6C9B6I:G>6AHI=6IDJG8JHIDB:GH>BEDGIDG:MEDGI 8DJA9 C:<6I>K:AN>BE68IDJG8JHIDB:GH I=:>G;>C6C8>6AG:HJAIH6C967>A>INIDH:GK>8:9:7I L=>8= >CIJGC 8DJA969K:GH:AN6;;:8IDJG ;>C6C8>6A8DC9>I>DC6C9G:HJAIHD;DE:G6I>DCH $C699>I>DC L:6@C:HH>CI=:68JAIJG6A:8DCDBN8DJA9C:<6I>K:AN>BE68IDJG 68JAIJG6AG:A6I:98DBB:G8>6ACDC G:6A:HI6I:6C9- AD6CH *JG68JAIJG6AAD6CH6G:9:E:C9:CIDCI=:EGD;>I67A:DE:G6I>DC6C9B6C6<:B:CID;I=:;6GBEGDE:GINH:8JG>CIH86H=;ADLH /=:HJ88:HHD;6;6GBEGDE:GINB6N7:6;;:8I:97NB6CN;68IDGHDJIH>9:I=:8DCIGDAD;I=:7DGGDL:G HJ8=6H Q 69K:GH:L:6I=:G8DC9>I>DCHHJ8=6H=6>A 9GDJ<=I6C9;ADD9H G:HIG>8I>DCHDCL6I:GHJEEANDGDI=:G8DC9>I>DCH I=6IEG:K:CII=:EA6CI>CB>I8GDEN>:A9H DGI=6I6;;:8I8GDE=6GK:HI>C< Q ADHHD;8GDEHDGA>K:HID8@9J:ID9>H:6H:DGDI=:G;68IDGH Q 9:8A>C:H>CI=:B6G@:IEG>8:HDG9:B6C9;DG68JAIJG6AEGD9J8IH7DI=9DB:HI>86AAN6C9>CI:GC6I>DC6AAN ;DG 6CNG:6HDC Q >C8G:6H:H>CEGD9J8I>DC8DHIHHJ8=6HI=:8DHIHD;A67DG G:CI ;::9 ;J:A6C9;:GI>A>O:G Q 69K:GH:8=6C<:H>C<:C:G6A:8DCDBN >CI:G:HIG6I:H 8JGG:C8N:M8=6C<:G6I:H 68JAIJG6AA6C9K6AJ:HDGDI=:G ;68IDGHI=6IB6N6;;:8I9:A>CFJ:C8NA:K:AH6C98G:9>IADHH:HDC68JAIJG6AAD6CH6C9

Q I=:>BE68ID;8>:H6C9G:DCH>C8AJ9>C<8=6C<:H>CEG>8:HJEEDGIH HJ7H>9>:H CHJG6C8: B>C>BJB:I=6CDA8DCI:CIG:FJ>G:B:CIH;DG<6HDA>C: I6G>;;H IG69:76GG>:GH6C9=:6AI= 6C9:CK>GDCB:CI6AG:DCH $;I=:86H=;ADL;GDB6;6GB>CDC>H9>B>C>H=:9 I=:7DGGDL:GVH67>A>INIDG:E6NI=:AD6CB6N7:>BE6>G:9 DCH:FJ:CIAN 68JAIJG6AAD6CHB6N>CKDAK:6H@I=6CG:H>9:CI>6ABDGI<6<:A:C9>C< E6GI>8JA6GAN>CI=:86H:D; AD6CHI=6I6G:JCH:8JG:9DGH:8JG:97NG6E>9AN9:EG:8>6I>C<6HH:IHHJ8=6H;6GB:FJ>EB:CIHDB:D;L=>8=>H=><=ANHE:8>6A>O:9 L>I=6A>B>I:9DGCDB6G@:I;DGG:H6A:DG6HH:IHHJ8=6HA>K:HID8@DG8GDEH $CHJ8=86H:H 6CNG:EDHH:HH:98DAA6I:G6A;DG69:;6JAI:9 68JAIJG6ADE:G6I>C9:6C69:FJ6I:HDJG8:D;G:E6NB:CID;I=:DJIHI6C9>C@:A>=DD9D;96B6<: ADHHDG9:EG:8>6I>DCDG7:86JH:I=:6HH:HH:9K6AJ:D;I=:8DAA6I:G6A:M8::9HI=::K:CIJ6AG:6A>O6I>DC K6AJ: 63#64*/&44*44*(/*'*$"/5-:%&1&/%&/50/5)&3&"-&45"5&."3,&548)&3&8&01&3"5&"4"4*(/*'*$"/51035*0/0'063 -0"/1035'0-*0*44&$63&%#:3&"-&45"5& I.:EI:B7:G D;DJG6<D 8DBEG>H>CC< D;DJG 6<D G:H>9:CI>6AG:6A:HI6I:AD6CHG:EG:H:CI>C< D;DJG6<D6C968JAIJG:G:6A :HI6I:AD6CHG:EG:H:CI>C< D;DJG6<D L6HEG>B6G>ANH:8JG:97N>CI:G:HIH>CG:6A:HI6I:EG:9DB>C6CIAN AD86I:9>CI=:HI6I:H>CL=>8=L:DE:G6I: $C699>I>DC HDB:D;DJGDI=:GA:C9>CDC6AAN>CKDAK:HI6@>CB6GNDGH:8DC96GN8DAA6I:G6A -:6AEGDE:GINK6AJ:H>CI=:H:HI6I:HB6N7:9>;;:G:CI;GDB 6C9>CHDB:>CHI6C8:HLDGH:I=6C G:6A EGDE:GINK6AJ:H>CDI=:GB6G@:IHDG>CI=:0C>I:9.I6I:H6H6L=DA: 6C9B6N7:6;;:8I:97N6K6G>:IND;;68IDGHDJIH>9:D;DJG 8DCIGDA6C9I=:8DCIGDAD;DJG7DGGDL:GH >C8AJ9>CDC6A6C9AD86A:8DCDB>88DC9>I>DCH<:C:G6AAN :8A>C:H>CG:6AEGDE:GIN EG>8:H >C8AJ9>C8:H;DG=DB:H 8DBB:G8>6AEGDE:GI>:H6C9;6GBA6C9 >CI=:HI6I:H>CL=>8=L:DE:G6I:8DJA9G:HJAI>C6 9:I:G>DG6I>DCD;I=:8G:9>IFJ6A>IND;DJG7DGGDL:GH 6C>C8G:6H:>CI=:CJB7:GD;AD6C9:A>CFJ:C8>:H 9:;6JAIH6C98=6G<: D;;H 6C9 G:9J8:99:B6C9;DGDJGEGD9J8IH6C9H:GK>8:H<:C:G6AAN *JG- AD6CH >CE6GI>8JA6G IDI6A:96EEGDM>B6I:AN 7>AA>DC6I .:EI:B7:G DG D;DJGAD6CEDGI;DA>D 6C9B6N=6K:6H@D;ADHHI=6CG:H>9:CI>6ABDGI<6<:AD6CH >CE6GI 7:86JH:I=:H:AD6CH6G:<:C:G6AANA6G<:GDGBDG:8DBEA:MIDJC9:GLG>I: BDC>IDG6C9H:GK>8: 8JAIJG6AG:6A:HI6I:AD6CHB6N7: 6;;:8I:97NH>B>A6G;68IDGHIDI=DH:I=6I6;;:8I68JAIJG6AAD6CH<:C:G6AAN >C8AJ9>C<69K:GH:L:6I=:G8DC9>I>DCH 9>H:6H:6C9 9:8A>C:H>CI=:B6G@:IEG>8:H;DG68JAIJG6AEGD9J8IHDG;6GBG:6A:HI6I: $C699>I>DC 9:8A>C:H>CG:6AEGDE:GINK6AJ:H>CI=:HI6I:H >CL=>8=L:DE:G6I:8DJA9G:9J8:I=:K6AJ:D;6CN8DAA6I:G6AL:G:6A>O:;DAADL>C<69:;6JAIDCI=:H:AD6CH6C98DJA969K:GH:AN 6;;:8IDJG67>A>INID8DCI>CJ:IDD8DCH>HI:CIL>I=DJGJC9:GLG>I>CAJG:ID:;;:8I>K:AN B>I><6I:I=:H:G>H@H8DJA9=6K:6B6I:G>6A69K:GH::;;:8IDCDJG7JH>C:HH ;>C6C8>6A8DC9>I>DCDGG:HJAIHD;DE:G6I>DCH !&"3&46#+&$550*/5&3&453"5&3*4,8)*$)".0/(05)&35)*/(4$06-%"''&$5063&"3/*/(4"/%5)&7"-6&0'$&35"*/0' 063"44&54 !AJ8IJ6I>DCH>C>CI:G:HIG6I:HB6NC:<6I>K:AN>BE68IDJG76C@>C<7JH>C:HH6C9B6NL:6@:C9:B6C9;DGHDB:D;DJG EGD9J8IH *JG:6GC>CCI:G:HI>C8DB: L=>8=>HI=:9>;;:G:C8:7:IL::CI=:>CI:G:HI >C8DB:L:G:8:>K:;GDB>CI:G:HI :6GC>C<6HH:IH13 AD6CH6C9>CK:HIB:CIH:8JG>I>:H6C9I=:>CI:G:HI:ME:CH:L:E6NDC>CI:G:HI 7:6G>C67>A>I>:H13 9:EDH>IH6C97DGGDL>CCI:G:HI>C8DB:>HEG>B6G>AN6;JC8I>DCD;I=:6K:G6<:76A6C8: D;>CI:G:HI :6GC>C<6HH:IH I=:6K:G6<:76A6C8:D;>CI:G:HI 7:6G>C 67>A>I>:H6C9I=:HEG:697:IL::CI=:N>:A9DCHJ8=6HH:IH6C9 I=:8DHID;HJ8=A>67>A>I>:H /=:H:;68IDGH6G:>C;AJ:C8:97N7DI=I=:EG>8>C<6C9B>MD;>CI:G:HI :6GC>C<6HH:IH6C9>CI:G:HI 7:6G>C< A>67>A>I>:H $CI:G:HIG6I:H6G:KDA6I>A:6C9=><=ANH:CH>I>K:IDB6CN;68IDGHI=6I6G:7:NDC9DJG8DCIGDA HJ8=6H:8DCDB>88DC9>I>DCH 6C9EDA>8>:HD;K6G>DJH:H 6C9 >CE6GI>8JA6GI=:BDC:I6GNEDA>8ND;I=:!*( /=:6K:G6<: N>:A9DCDJG>CI:G:HI :6GC>C<6HH:IH=6H>C8G:6H:96HI=:!:9:G6A-:H:GK:=6HHI6GI:9IDC8G:6H:G6I:H6;I:GB6>CI6>C>C< G6I:H6I=>HIDG>86AANADLA:K:AH9JG>CC6C8>6A8G>H>H6C9>IH6;I:GB6I= H>CI:G:HIG6I:H8DCI>CJ:ID>C8G:6H:6C9>;DJG;AD6I>C< G6I:>CI:G:HI :6GC>C<6HH:IH9DCDIG:EG>8:;6HI:GI=6CDJG>CI:G:HI 7:6G>C 67>A>I>:H DJGC:I>CI:G:HI>C8DB:8DJA97:69K:GH:AN 6;;:8I:9 $;>CI:G:HIG6I:H7:<>CID9:8A>C: DJGC:I>CI:G:HI>C8DB:B6N9:8G:6H: /=>HLDJA97:I=:86H:7:86JH:DJG67>A>INID ADL:GDJG>CI:G:HI:ME:CH:=6H7::CA>B>I:96II=:H:>CI:G:HIG6I:A:K:AH L=>A:I=:6K:G6<:N>:A9DCDJG>CI:G:HI :6GC>C<6HH:IH=6H 8DCI>CJ:9ID9:8G:6H: =6C<:H>CBDC:I6GNEDA>8N >C8AJ9>C<8=6C<:H>C>CI:G:HIG6I:H 8DJA9>C;AJ:C8:CDIDCANI=:>CI:G:HIL:G:8:>K:DCAD6CH 6C9H:8JG>I>:H6C9I=:6BDJCID;>CI:G:HIL:E6NDC9:EDH>IH6C97DGGDL>CA>INIDDG><>C6I:AD6CH6C99:EDH>IH #>HIDG>86AAN 6AA:AH:7:>C<:FJ6A I=:G:=6H7::C6C>CK:GH:8DGG:A6I>DC7:IL::CI=:9:B6C9;DGAD6CH6C9>CI:G:HIG6I:H 'D6C DG><>C6I>DCKDAJB:JHJ6AAN9:8A>C:H9JG>CD9HD;G>H>C<=>CI:G:HIG6I:H6C9>C8G:6H:H9JG>CD9HD;9:8A>C>CCI:G:HIG6I:H =6C<:H>C>CI:G:HIG6I:H6AHD=6K:6H>;>86CI>BE68IDCI=:86GGN>CCD;DJG6HH:IH >C8AJ9>C< AD6CH G:6A:HI6I:6C9>CK:HIB:CIH:8JG>I>:H DCDJG76A6C8:H=::I 2:B6N>C8JG9:7I>CI=:;JIJG:6C9I=6I9:7IB6N6AHD7: H:CH>I>K:ID>CI:G:HIG6I:H

/=:8DHID;DJG9:EDH>IH>HA6G<:AN76H:9DCH=DGI I:GB>CI:G:HIG6I:H I=:A:K:AD;L=>8=>H9G>K:CEG>B6G>AN7NI=: !*(VH68I>DCH #DL:K:G I=:N>:A9H<:C:G6I:97NDJGAD6CH6C9H:8JG>I>:H6G:D;I:C9>;;>8JAIIDG: EG>8:6C96G:INE>86AAN9G>K:C 7NADC<:G I:GB>CI:G:HIG6I:H L=>8=6G:H:I7NI=:B6G@:IDG 6II>B:H I=:!*(VH68I>DCH 6C9K6GNDK:GI>B: /=:A:K:AD;C:I >CI:G:HI>C8DB:>HI=:G:;DG:>C;AJ:C8:97NBDK:B:CIH>CHJ8=>CI:G:HIG6I:H6C9I=:E68:6IL=>8=HJ8=BDK:B:CIHD88JG $;I=: >CI:G:HIG6I:HE6>9DCDJG9:EDH>IH6C9DI=:G7DGGDL>CC8G:6H:6I6;6HI:GE68:I=6CI=:>CI:G:HIG6I:HDCDJGAD6CH6C9DI=:G >CK:HIB:CIH DJGC:I>CI:G:HI>C8DB:B6N9:8A>C:6C9 L>I=>I 69:8A>C:>CDJG:6GC>CCI:G:HI>C8DB:6C9 :6GC>CB>A6GAN6;;:8I:9>;I=:>CI:G:HIG6I:HDCDJG>CI:G:HI :6GC>C<6HH:IH9:8A>C:96I6;6HI:GE68:I=6CI=:>CI:G:HI G6I:HDCDJG9:EDH>IH6C9DI=:G7DGGDL>C6A JC:ME:8I:9 EGDADC<:98=6C<:>CB6G@:I>CI:G:HIG6I:H8DJA9=6K:6 B6I:G>6A69K:GH::;;:8IDCDJG7JH>C:HH ;>C6C8>6A8DC9>I>DCDGG:HJAIHD;DE:G6I>DCH =6C<:H>C>CI:G:HIG6I:H86C6AHD6;;:8II=:A:K:AD;AD6CG:;>C6C8>C<68I>K>IN L=>8=>BE68IHI=:6BDJCID;EG:E6NB:CI E:C6AIN>C8DB:L:G:8:>K:DCAD6CHL:=DA9 :86JH:EG:E6NB:CIE:C6AI>:H6G:G:8DG9:96H>CI:G:HI>C8DB:L=:CG:8:>K:9 I=: :MI:CIIDL=>8=I=:N>C8G:6H:DG9:8G:6H:9JG>C<6CN<>K:CE:G>D98DJA9=6K:6H>;>86CI>BE68IDCI=:A:K:AD;C:I>CI:G:HI >C8DB:6C9C:I>C8DB:L:<:C:G6I:9JG>CB: 9:8G:6H:>CDJGEG:E6NB:CIE:C6AIN>C8DB:G:HJAI>C<;GDB6CN8=6C<:>C >CI:G:HIG6I:HDG6H6G:HJAID;G:B>I6I>DCHDCDJG67>A>INID8=6G<:EG:E6NB:CIE:C6AI>:H8DJA9I=:G:;DG:69K:GH:AN6;;:8I DJGC:I>CI:G:HI>C8DB: C:I>C8DB:DGG:HJAIHD;DE:G6I>DCH =6C<:H>C>CI:G:HIG6I:H86C6AHD6;;:8II=:HADE:D;I=:N>:A98JGK: 9:8A>C:>CI=:8JGG:CIN>:A98JGK:DG6;A6II:GDG >CK:GI:9N>:A98JGK:8DJA986JH:DJGC:I>CI:G:HI>C8DB:6C9C:I>CI:G:HIB6G<>CID8DCIG68I L=>8=8DJA9=6K:6B6I:G>6A69K:GH: :;;:8IDCDJGC:I>C8DB:6C986H=;ADLH 6HL:AA6HI=:K6AJ:D;DJG6HH:IH C>CK:GI:9N>:A98JGK:B6N6AHD69K:GH:AN6;;:8II=: N>:A9DC>CK:HIB:CIH:8JG>I>:H7N>C8G:6H>CH@D;6CNH:8JG>I>:HEJG8=6H:96I6EG:B>JB ;A6II:C>CCK:GH>DCD;I=:N>:A98JGK:DG6C:<6I>K:>CI:G:HIG6I::CK>GDCB:CI>CI=:0C>I:9.I6I:H8DJA98G:6I:9DLCL6G9EG:HHJG:DCDJGC:I >CI:G:HIB6G<>C =6C<:H>C>CI:G:HIG6I:H8DJA96AHD=6K:6C:<6I>K:>BE68IDCDJGG:HJAIHD;DE:G6I>DCH7NG:9J8>CA>IND; 7DGGDL:GHIDG:E6NI=:>G8JGG:CIAD6CD7A><6I>DCHDG7NG:9J8>CCH6C9EGD;>I67>A>IN HD;.:EI:B7:G D;DJGAD6CHL:G:69K6C8:9IDDJG8JHIDB:GHDC6K6G>67A:DG69?JHI67A: G6I:76H>H6C96CDI=:G D;DJGAD6CHL:G:69K6C8:9 IDDJG8JHIDB:GHDC6;>M:9 G6I:76H>HL=:G:L:JI>A>O:99:G>K6I>K:>CHIGJB:CIHIDHL6EDJG:8DCDB>8:MEDHJG:ID6K6G>67A: G6I: 76H>H H6G:HJAI 6C>C8G:6H:>C>CI:G:HIG6I:H8DJA9G:HJAI>C>C8G:6H:9AD6C9:;6JAIH ;DG:8ADHJG:H6C98=6G<: D;;H6C98DJA9 C:8:HH>I6I:;JGI=:G>C8G:6H:HIDI=:6AADL6C8:;DGAD6C6C9A:6H:ADHH:H 6CND;L=>8=8DJA9=6K:6B6I:G>6A69K:GH::;;:8IDCDJG 7JH>C:HH ;>C6C8>6A8DC9>I>DCDGG:HJAIHD;DE:G6I>DCH $C699>I>DC 69:8G:6H:>C>CI:G:HIG6I:H8DJA9C:<6I>K:AN>BE68IDJGB6G<>CH 6C9EGD;>I67>A>IN HD;.:EI:B7:G L:=69 7>AA>DCD;CDC>CI:G:HI 7:6G>C<9:B6C99:EDH>IH6C9 7>AA>DCD;>CI:G:HI 7:6G>C<9:B6C99:EDH>IH $;L:C::9IDD;;:G=><=:G>CI:G:HIG6I:HDC8=:8@>C<688DJCIHIDB6>CI6>C8JGG:CI8A>:CIHDG6IIG68IC:L 8A>:CIH DJG>CI:G:HI:ME:CH:L>AA>C8G:6H: E:G=6EHB6I:G>6AAN !JGI=:GBDG: >;L:;6>AIDD;;:G>CI:G:HI>C6HJ;;>8>:CI6BDJCIID @::EI=:H:9:B6C99:EDH>IH DJG8DG:9:EDH>IHB6N7:G:9J8:9 L=>8=LDJA9G:FJ>G:JHIDD7I6>C;JC9>C<>CDI=:GL6NHDGG>H@ HADL>CDCD;DJG7JH>C:HHG:FJ>G:HJHIDB6C6<:8G:9>IG>H@ H6A:C9:G L:6G::MEDH:9IDI=:G>H@I=6IDJG 7DGGDL:GHL>AA7:JC67A:IDG:E6NI=:>GAD6CH688DG9>CGI:GBH 6C9I=6II=:8DAA6I:G6AH:8JG>CGAD6CH >; 6CN B6NCDI7:HJ;;>8>:CIID:CHJG:G:E6NB:CI $C699>I>DC I=:G:6G:G>H@H>C=:G:CI>CB6@>C<6CNAD6C >C8AJ9>CH@HL>I= G:HE:8IIDI=:E:G>D9D;I>B:DK:GL=>8=I=:AD6CB6N7:G:E6>9 G>H@HG:A6I>CI>C< G>H@HG:HJAI>C<;GDB 8=6C<:H>C:8DCDB>86C9>C9JHIGN8DC9>I>DCH6C9G>H@H>C=:G:CI>C9:6A>CI=>C9>K>9J6A7DGGDL:GH $CDG9:GIDHJ88:HH;JAAN B6C6<:8G:9>IG>H@ L:BJHI 6BDCCCI6>C9>H8>EA>C:96C9EGJ9:CIJC9:GLG>I>CC<=:GN>:A9>C< AD6CH 6A68@D;9>H8>EA>C:DG9>A><:C8:7NDJG:BEADN::H>CJC9:GLG>I>C<6C9BDC>IDG>CC67>A>INID69:FJ6I:AN696EI EDA>8>:H6C9EGD8:9JG:HID8=6C<:H>C:8DCDB>8DG6CNDI=:G8DC9>I>DCH6;;:8I>C<7DGGDL:GHB6NC:<6I>K:AN>BE68II=:FJ6A>IND; DJGAD6CEDGI;DA>D G:HJAI>CAD6C9:;6JAIH ;DG:8ADHJG:H6C9699>I>DC6A8=6G<: D;;H6C9C:8:HH>I6I:I=6IL:H>;>86CIAN>C8G:6H:DJG 6AADL6C8:;DGAD6C6C9A:6H:ADHH:H H6G:HJAI DJG>C67>A>INIDHJ88:HH;JAANB6C6<:8G:9>IG>H@8DJA9=6K:6B6I:G>6A69K:GH: :;;:8IDCDJG7JH>C:HH ;>C6C8>6A8DC9>I>DCDGG:HJAIHD;DE:G6I>DCH

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

(6CND;DJGCDC 76C@8DBE:I>IDGH6G:CDIHJ7?:8IIDI=:H6B::MI:CH>K:G:DCHI=6IK>I>:H6C9B6N =6K:7>A>IN>C8DBE:I>C<;DG7JH>C:HH .:K:G6AD;DJG8DBE:I>IDGH6G:6AHDA6G<:G6C9=6K:H>;>86CIANBDG: G:HDJG8:H I>DC6C9A6G<:GB6G@:IH=6G:H :C67A>CCI6>CCJB:GDJH76C@>CDCH EGDK>9: I:8=CDADC9: B6>CI6>C6L>9:GG6C<:D;EGD9J8ID;;:G>CK:EGDBDI>DC6A6C9 69K:GI>H>C<86BE6>K:I=6CJH>C8DBE:I>C<;DGAD6CH6C99:EDH>IH /=:;>C6C8>6AH:GK>8:H>C9JHIGN8DJA9 7:8DB::K:CBDG:8DBE:I>I>K:6H6G:HJAID;A:<>HA6I>K: G:86A8=6C<:H6C98DCI>CJ:98DCHDA>96I>DC $C 699>I>DC HDB:D;DJG8JGG:CI8DBB:G8>6A76C@>C<8JHIDB:GHB6NH::@6AI:GC6I>K:76C@>CI;68>A>I>:HA6G<:GI=6CL:B6N7:67A:ID688DBBD96I: *JG>C67>A>INID8DBE:I:HJ88:HH;JAAN>CI=:B6G@:IH>CL=>8=L: DE:G6I:8DJA9=6K:6B6I:G>6A69K:GH::;;:8IDCDJG7JH>C:HH ;>C6C8>6A8DC9>I>DCDGG:HJAIHD;DE:G6I>DCH !&.":/05#&"#-&5046$$&44'6--:&9&$65&063453"5&(*$1-"/03."/"(&063(3085) *JG8H>I>DCH6C9G:FJ>G:HJHIDB6C6<:H:K:G6A 9>;;:G:CI:A:B:CIHH>BJAI6C:DJHAN .JHI6>C67A:G:HI=6IL:B6C6<:DJGG>H@H7N76A6C8>CIH@ B6>CI6>C>C<69:FJ6I:A>FJ>9>IN6C986E>I6A =>G>C<6C9G:I6>C>C;>:9:BEADN::H HJ88:HH;JAAN B6C6<>CBEA:B:CI6I>DCG>H@HL>I=G:HE:8IIDHIG6I:<>8EGD?:8IH6C9>C>I>6I>K:H 6C9>CI:C<68FJ>H>I>DCI6G<:IH 6C9B6C6<>CB:IDI>B:6H6G:HJAID;K6G>DJH>CI:GC6A6C9:MI:GC6A ;68IDGH *JG>C67>A>INIDB6C6<:DJG6A69K:GH::;;:8IDCDJG7JH>C:HH ;>C6C8>6A8DC9>I>DC DGG:HJAIHD;DE:G6I>DCH !&.":#&"%7&34&-:"''&$5&%#:3*4,4"440$*"5&%8*5)$0.1-&5&%"/%105&/5*"-"$26*4*5*0/4 *JGC8AJ9:H8DCH>9:G6I>DCD;EDI:CI>6A68FJ>H>I>DCDEEDGIJC>I>:HI=6IL:7:A>:K:HJEEDGIDJG7JH>C:HH HIG6I:I67>A>IN 2:;68:H>;>86CI8DBE:I>I>DC;GDBCJB:GDJHDI=:G;>C6C8>6AH:GK>8:H>CHI>IJI>DCH B6CND;L=>8=L>AA=6K:C6C8>6AG:HDJG8:HI=6CL:9D L=:C8DCH>9:G>C<68FJ>H>I>DCDEEDGIJC>I>:H 88DG9>CK:68FJ>H>I>DCDEEDGIJC>I>:HB6NCDI7:6K6>A67A:IDJH /=:G:86C7:CD6HHJG6C8:I=6IL:L>AA7:HJ88:HH;JA>C>9:CI>;N>C< DG8DBEA:I>C<6CN;JIJG:68FJ>H>I>DCH 8FJ>H>I>DCH6AHD>CKDAK:CJB:GDJHG>H@H >C8AJ9>C< Q >C8JGG>CB:6C9:ME:CH:6HHD8>6I:9L>I=>9:CI>;N>C<6C9:K6AJ6I>C6A68FJ>H>I>DCH6C9C:6I>C< EDI:CI>6AIG6CH68I>DCH G:HJAI>C<>CB6C6<:B:CIVH6II:CI>DC7:>C<9>K:GI:9;GDBI=:DE:G6I>DCD;DJG:M>HI>C< 7JH>C:HH Q JH>C<>C688JG6I::HI>B6I:H6C9?J9I DE:G6I>DCH ;JC9>C< A>FJ>9>IN 7JH>C:HH B6C6<:B:CI6C9B6G@:IG>H@HL>I=G:HE:8IIDI=:I6G<:I>CHI>IJI>DCDG6HH:IH Q I=:G>H@I=6II=:68FJ>G:97JH>C:HHL>AACDIE:G;DGBIDDJG:ME:8I6I>DCH >C8AJ9>C<6;6>AJG:IDG:6A>O:6CI>8>E6I:9 HNC:G<>:HDG8DHIH6K>C;;>8JAI>:H >C:;;>8>:C8>:HDG8DHIDK:GGJCH>C>CI:C<6C96HH>B>A6I>CO6I>DC6A8JAIJG:H DE:G6I>DCH I:8=CDAD<>:H 96I6 H:GK>8:H6C9EGD9J8IHD;I=:68FJ>G:97JH>C:HHL>I=DJGH Q I=:G>H@D;@:NK:C9DGHCDI;JA;>AA>CDCHDGCDI688JG6I:AN8DCK:GI>C<96I6 Q :CI:G>C<<:D86C9EGD9J8IB6G@:IH>CL=>8=L:=6K:A>B>I:9DGCD9>G:8IEG>DG:ME:G>:C8: Q I=:EDI:CI>6AADHHD;@:N:BEADN::HDG8JHIDB:GH Q I=:EDI:CI>6A;DGA>67>A>I>:H6C98A6>BH6G>H>CG:97JH>C:HH:H6C9 Q A>I><6I>DCG:A6I>CH>I>DC E6GI>8JA6GAN>CI=:8DCI:MID;6EJ7A>8AN =:A968FJ>H>I>DCI6G<:I I=6I8DJA9 G:FJ>G:JHID>C8JGH>;>86CI:ME:CH:H6C986JH:B6C6<:B:CI9>HIG68I>DC 6HL:AA6H9:A6N6C9DG:C?D>CI=: IG6CH68I>DC $C699>I>DC 68FJ>H>I>DCHD;;>C6C8>6A>CHI>IJI>DCH>CKDAK:DE:G6I>DC6A6C9G:H@H6C9DI=:GJC8:GI6>CI>:H 6C9 68FJ>G:98DBE6C>:HB6N=6K:JC@CDLCDG8DCI>C<:CIA>67>A>I>:HL>I=CD8DGG:HEDC9>C<688DJCI>C<6AADL6C8: :MEDHJG:ID JC:ME:8I:96HH:IFJ6A>INEGD7A:BHI=6IG:FJ>G:LG>I: 9DLCHDGLG>I: D;;H6HL:AA6HG:HIGJ8IJG>C<6C9>BE6>GB:CIDGDI=:G 8=6G<:H 6C9DI=:G>HHJ:HI=6I8DJA9C:<6I>K:AN6;;:8IDJG7JH>C:HH 8FJ>H>I>DCHINE>86AAN>CKDAK:I=:E6NB:CID;6EG:B>JBDK:G 7DD@6C9B6G@:IK6AJ:H6C9 I=:G:;DG: HDB:9>AJI>DCD;DJGI6C<>7A:7DD@K6AJ:6C9C:I>C8DB:E:G8DBBDCH=6G:B6ND88JG>C 8DCC:8I>DCL>I=6CN;JIJG:IG6CH68I>DC

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

$;6CND;I=:;DG:CI8DJA986JH:DJGHID8@EG>8:ID;6AA6C9B6N:MEDH:JHIDA>I><6I>DCI=6I :K:C>;DJG 9:;:CH:>HHJ88:HH;JA 8DJA99>HIG68IDJGB6C6<:B:CI6C97:8DHIANID9:;:C9 ":C:G6AB6G@:I;AJ8IJ6I>DCH >C9JHIGN;68IDGH6C9 <:C:G6A:8DCDB>86C9EDA>I>86A8DC9>I>DCH6C9:K:CIHSHJ8=6H:8DCDB>8HADL9DLCHDGG:8:HH>DCH >CI:G:HIG6I:8=6C<:HDG8G:9>I ADHHIG:C9HS8DJA96AHD86JH:DJGHID8@EG>8:ID9:8G:6H:G:<6G9A:HHD;DE:G6I>CIA:9IDG:8:>K:DCANHJ8=9>K>9:C9H6HDJGD6G9D; >G:8IDGHB6N9:8A6G:DJID; ;JC9HA:<6AAN6K6>A67A:;DGHJ8=E6NB:CIH #DL:K:G DJGD6G9D; >G:8IDGHB6N >C>IHHDA:9>H8G:I>DC 8=6C<:I=:6BDJCIDG ;G:FJ:C8ND;9>K>9:C9HDG9>H8DCI>CJ:I=:E6NB:CID;9>K>9:C9H:CI>G:AN $C699>I>DC L:6G:676C@=DA9>C<8DBE6CN 6C9DJG 67>A>INID9:8A6G:6C9E6N9>K>9:C9H>H9:E:C9:CIDC8:GI6>C;:9:G6AG:9:G6I>DCH >C8AJ9>C9:A>C:HD;I=: !:9:G6A-:H:GK:G:<6G9>C<86E>I6A69:FJ68N6C99>K>9:C9H $C699>I>DC DJG67>A>INIDE6N9>K>9:C9H9:E:C9HEG>B6G>ANDCDJG G:8:>EID;9>K>9:C9H;GDBDJG6C@ I=:E6NB:CID;L=>8=>HHJ7?:8IIDCJB:GDJHA>B>I6I>DCHJC9:G;:9:G6A6C9HI6I:76C@>CDCH6C9EDA>8>:H .::$I:B JH>C:HHS.JE:GK>H>DC6C9-:DCS >K>9:C9H H68DCH:FJ:C8:D;I=:H:K6G>DJH A>B>I6I>DCH6C9G:HIG>8I>DCH L:B6NCDI7:67A:IDB6@: DGB6N=6K:IDG:9J8:DG:A>B>C6I: I=:E6NB:CID;9>K>9:C9HDCDJG 8DBBDCHID8@ CN8=6C<:>CI=:A:K:AD;DJG9>K>9:C9HDGI=:HJHE:CH>DCD;I=:E6NB:CII=:G:D;8DJA9=6K:6B6I:G>6A69K:GH: :;;:8IDCI=:B6G@:IEG>8:D;DJG8DBBDCHID8@ 6563&*446&4034"-&40'063$"1*5"-450$,*/5)&16#-*$."3,&5$06-%-08&3063450$,13*$&"/%"/:"%%*5*0/"-$"1*5"- 3"*4&%#:645)306()5)&4"-&0'&26*5:03$0/7&35*#-&4&$63*5*&4.":%*-65&5)&08/&34)*1*/5&3&4540'063450$,)0-%&34 /=:B6G@:IEG>8:D;DJG8DBBDCHID8@8DJA99:8A>C:6H6G:HJAID;I=:>HHJ:HDGH6A:HD;6A6G<:CJB7:GD;H=6G:HD;DJG 86E>I6AHID8@DG;GDBI=:E:G8:EI>DCI=6IHJ8=H6A:H8DJA9D88JG /=:H:H6A:H DGI=:EDHH>7>A>INI=6II=:H:H6A:HB6ND88JG 6AHD B6NB6@:>IBDG:9>;;>8JAI;DGJHIDG6>H:699>I>DC6A86E>I6A7NH:AA>C<:FJ>INH:8JG>I>:H>CI=:;JIJG: 6I6I>B:6C9EG>8:I=6IL: 9::B6EEGDEG>6I: 2:=6K:;>A:96G:<>HIG6I>DCHI6I:B:CIL>I=I=:. G:<>HI:G>C< H=6G:HD;DJG8DBBDCHID8@;DG>HHJ6C8: EJGHJ6CIID6L6G9HIN>C8:CI>K:EA6CH 2:=6K:C< H=6G:HD;DJG8DBBDC HID8@JC9:GI=:H:EA6CH6HD;.:EI:B7:G 2:B6N>C8G:6H:I=:CJB7:GD;H=6G:HG:<>HI:G:9;DGI=>HEJGEDH:;GDBI>B:ID I>B: *C8:L:>HHJ:I=:H:H=6G:H I=:>G=DA9:GHL>AA7:67A:IDH:AAI=:B>CI=:EJ7A>8B6G@:I 2:=6K:6AHD;>A:96H=:A;G:<>HIG6I>DCHI6I:B:CIL>I=I=:. G:<>HI:G>C<6C>C9:I:GB>C6I:6BDJCID;DJG8DBBDCHID8@ EG:;:GG:9HID8@ 9:EDH>I6GNH=6G:H 9:7IH:8JG>I>:H HJ7H8G>EI>DCG><=IH L6GG6CIH6C9JC>IHL=>8=L:B6N9:8>9:ID>HHJ:>CI=: ;JIJG: /DI=::MI:CII=6IL:8=DDH:ID>HHJ:DJG8DBBDCHID8@DGDJGEG:;:GG:9HID8@ DGG><=IHG:A6I>CHHJ6C8:D;9:EDH>I6GNH=6G:H HJ7H8G>EI>DCG><=IH L6GG6CIHDGJC>IH HJ8=>HHJ6C8:HL>AA>C8G:6H:I=: CJB7:GD;DJGH=6G:HD;86E>I6AHID8@DJIHI6C9>C< DGI=6IB6N7:8DB:DJIHI6C9>C<>CI=:;JIJG:I=GDJ<=I=::M:G8>H:D;HJ8= G><=IH 6C9I=:=DA9:GHD;I=:H:H=6G:HL>AA7:67A:IDH:AAI=:B>CI=:EJ7A>8B6G@:I /=:HE:8>;>8I:GBHD;6CNH=6G:HD;86E>I6A HID8@DGG><=IHG:A6I:9I=:G:IDID7:>HHJ:9JC9:GDJGH=:A;G:<>HIG6I>DCHI6I:B:CIL>AA7:9:I:GB>C:97NJHEG>DGID>HHJ6C8:76H:9 DC8JGG:CIB6G@:I8DC9>I>DCH6C9L>AA7:9:H8G>7:9>C6HJEEA:B:CIIDI=:EGDHE:8IJH8DCI6>C:9>CHJ8=G:<>HIG6I>DCHI6I:B:CI 2:86CCDIEG:9>8II=:H>O:D;;JIJG:>HHJ6C8:HDGH6A:HD;DJG86E>I6AHID8@DGG><=IHG:A6I:9I=:G:IDDGI=::;;:8I >;6CN I=6I;JIJG:>HHJ6C8:HDGH6A:HD;H=6G:HD;DJG86E>I6AHID8@DGHJ8=G><=IHB6N=6K:DCI=:B6G@:IEG>8:D;DJG8DBBDCHID8@ .6A:HDG9>HIG>7JI>DCHD;HJ7HI6CI>6A6BDJCIHD;DJG86E>I6AHID8@>C8AJ9>CHHJ:9>C8DCC:8I>DCL>I=6C68FJ>H>I>DCDG G><=IHG:A6I:9I=:G:ID DGI=:E:G8:EI>DCI=6IHJ8=H6A:H8DJA9D88JG B6N86JH:I=:B6G@:IEG>8:D;DJG8DBBDCHID8@ID9:8A>C: $C699>I>DC ;JIJG:>HHJ6C8:HD;DJG86E>I6AHID8@DGG><=IHG:A6I:9I=:G:ID L=:I=:GJC9:GDJG:FJ>IN>C8:CI>K:EA6CHDGDJG H=:A;G:<>HIG6I>DCHI6I:B:CI ID;JC968FJ>H>I>DCHDGIDG6>H:86E>I6A L>AA6AHD=6K:I=::;;:8ID;9>AJI>CE>CI:G:HIHD; DJG8JGG:CIHID8@=DA9:GH B:6C>C< 6BDCCGKDI>CCAA7:G:9J8:9DC6 EGDEDGI>DC6A76H>H &35"*/#"/,*/(-"84"/%$&35"*/1307*4*0/40'063$&35*'*$"5&0'*/$03103"5*0/.":)"7&"/"/5*5",&07&3&''&$5 +GDK>H>DCHD;;:9:G6A76C@>CC8AJ9>CG:B:CIH 8DJA9B6@:>I9>;;>8JAI;DG6I=>G9E6GIN ID68FJ>G:JH :K:C>;9D>CK:9ID7:7:C:;>8>6AIDDJGHID8@=DA9:GH 8FJ>H>I>DCD;DGBDG:D;6CN8A6HHD; KDI>CC<8DBE6CNDG9:EDH>IDGN>CHI>IJI>DC >C8AJ9>CDCI=6II=:68FJ>G:G8DCIGDAHI=:76C@=DA9>C<8DBE6CNDG9:EDH>IDGN>CHI>IJI>DC6C9I=:68FJ>H>I>DCD;HJ8= 8DCIGDALDJA97:HJ7?:8IID;:9:G6AG:I>DC 676C@=DA9>C<8DBE6CNBJHID7I6>CI=:EG>DG6EEGDK6AD;I=: !:9:G6A-:H:GK:7:;DG: 6BDCCG>C<9>G:8IDG>C9>G:8IDLC:GH=>EDG8DCIGDAD;BDG:I=6CD;I=:KDI>C< H=6G:HD;6CN76C@ >C8AJ9>C

/=:G:6AHD6G:EGDK>H>DCH>CDJG6B:C9:96C9G:HI6I:98:GI>;>86I:D;>C8DGEDG6I>DC6C96B:C9:96C9G:HI6I:97NA6LH HJ8= 6HA>B>I6I>DCHDCI=:67>A>INID86AA6HE:8>6AB::I>C;>86I>DCD;DJGD6G9D; >G:8IDGH>CIDI=G:: H:E6G6I:8A6HH:H:68=H:GK>C<;DGI=G:: N:6GI:GBH I=6IB6N7:JH:9ID9:A6NDG7AD8@6I6@:DK:G6II:BEI $C699>I>DC DJGD6G9D; >G:8IDGH>H6JI=DG>O:9JC9:GDJG6B:C9:96C9G:HI6I:98:GI>;>86I:D;>C8DGEDG6I>DCID>HHJ:H=6G:HD;EG:;:GG:9HID8@ 6C9 9:I:GB>C:I=:G><=IH I:GBH 8DC9>I>DCH6C9EG>K>A:<:HD;HJ8=EG:;:GG:9HID8@ L>I=DJIHID8@=DA9:G6EEGDK6A /=:H:EGDK>H>DCHB6N :;;:8I>K:AN>C=>7>I6CDC C:6I:9B:G<:GDGDI=:G7JH>C:HH8DB7>C6I>DC L=>8= >CIJGC 8DJA9=6K:6B6I:G>6A69K:GH::;;:8IDC I=:B6G@:IEG>8:D;DJG8DBBDCHID8@ 2:=6K:6AHD:A:8I:9>CDJG6B:C9:96C9G:HI6I:98:GI>;>86I:D;>C8DGEDG6I>DCID7:DCD;I=: :A6L6G:":C:G6ADGEDG6I>DC'6LL=>8=<:C:G6AANEGD=>7>IH6E:GHDCFJ6A>;N>C<6H6C>CI:G:HI:9HID8@=DA9:G;GDB:CI:G>C< >CID6IG6CH68I>DC;DG67JH>C:HH8DB7>C6I>DCL>I=JHJCA:HH HJ7?:8IID8:GI6>C:M8:EI>DCH HJ8=IG6CH68I>DC>H;>GHI6EEGDK:97NDJG D6G9D; >G:8IDGH C>CI:G:HI:9HID8@=DA9:G>H<:C:G6AAN9:;>C:96H6CNE:GHDCL=DDLCHDGBDG:D;DJGDJIHI6C9>C< KDI>CH:A:8I>DC>HIDEGDK>9:DJGD6G9D; >G:8IDGHL>I=A:K:G6<:>CC:6I>CI=6C>CI:G:HI:9 HID8@=DA9:G9:H>G>CC:HH8DB7>C6I>DCL>I=JH7NB6@>C<>IBDG:9>;;>8JAI;DGHJ8=HID8@=DA9:GID8DBEA:I:HJ8= IG6CH68I>DC>CI=:67H:C8:D;7D6G96EEGDK6A /=>H:A:8I>DCB6N9>H8DJG6<:8:GI6>CI6@: DK:G6II:BEIHL=>8=DJGHID8@=DA9:GH B6NDI=:GL>H:9::BID7:>CI=:>G7:HI>CI:G:HIH6C9I=>H >CIJGC 8DJA9=6K:6C69K:GH::;;:8IDCI=:B6G@:IEG>8:D;DJG8DBBDC HID8@ 63".&/%&%"/%3&45"5&%$&35*'*$"5&0'*/$03103"5*0/%&4*(/"5&45)&06350')"/$&3:0'5)&5"5&0'&-"8"3&"4 5)&40-&"/%&9$-64*7&'036.'03$&35"*/5:1&40'"$5*0/4"/%130$&&%*/(45)"5.":#&*/*5*"5&%#:063450$,)0-%&34 8)*$)$06-%-*.*5063450$,)0-%&34="#*-*5:500#5"*/"'"703"#-&+6%*$*"-'036.'03%*4165&48*5)6403063%*3&$5034 0''*$&34&.1-0:&&403"(&/54 *JG6B:C9:96C9G:HI6I:98:GI>;>86I:D;>C8DGEDG6I>DCEGDK>9:HI=6I JCA:HHL:8DCH:CI>CLG>I>CK:;DGJB I=:DJGID;=6C8:GND;I=:.I6I:D; :A6L6G:L>AA7:I=:HDA:6C9:M8AJH>K:;DGJB;DG>6CN9:G>K6I>K:68I>DCDGEGD8::9>C< 7GDJ<=IDCDJG7:=6A; >>6CN68I>DC6HH:GI>C<68A6>BD;7G:68=D;6;>9J8>6GN9JINDL:97N6CND;DJG9>G:8IDGH D;;>8:GH :BEADN::HDG6<:CIHIDJHDGDJGHID8@=DA9:GH >>>6CN68I>DC6HH:GI>C<68A6>B6G>H>CH>DCD;I=: "' DJG6B:C9:96C9G:HI6I:98:GI>;>86I:D;>C8DGEDG6I>DCDGDJG6B:C9:96C9G:HI6I:97NA6LHDG>K6CN68I>DC6HH:GI>C<68A6>BI=6I >HCI:GC6A6;;6>GH9D8IG>C: >C:68=86H:HJ7?:8IIDI=:DJGID;=6C8:GN=6K>CH9>8I>DCDK:GI=: >C9>HE:CH67A:E6GI>:HC6B:96H9:;:C96CIHI=:G:>C6C9I=:8A6>BCDI7:>C8=>HK:HI:9>CI=::M8AJH>K:?JG>H9>8I>DCD;6 8DJGIDG;DGJBDI=:GI=6CI=:DJGID;=6C8:GNDG;DGL=>8=I=:DJGID;=6C8:GN9D:HCDI=6K:HJ7?:8IB6II:G?JG>H9>8I>DC CNE:GHDCEJG8=6H>CH:68FJ>G>C<6CN>CI:G:HI>C6CNH=6G:HD;DJG86E>I6AHID8@H=6AA7:9::B:9ID=6K:CDI>8:D;6C9 ID=6K:8DCH:CI:9IDI=>HEGDK>H>DCD;DJG6B:C9:96C9G:HI6I:98:GI>;>86I:D;>C8DGEDG6I>DC /=>H8=D>8:D;;DGJBEGDK>H>DCB6N A>B>IDJGHID8@=DA9:GHV67>A>INID7G>C<68A6>B>C6?J9>8>6A;DGJBI=6I>I;>C9H;6KDG67A:;DG9>HEJI:HL>I=JHDGDJG9>G:8IDGH D;;>8:GH :BEADN::HDG6<:CIH L=>8=B6N9>H8DJG6<:HJ8=A6LHJ>IH6<6>CHIJH6C9DJG9>G:8IDGH D;;>8:GH :BEADN::H6C96<:CIH :K:CI=DJ<=6C68I>DC >;HJ88:HH;JA B><=I7:C:;>IDJGHID8@=DA9:GH .ID8@=DA9:GHL=D9D7G>C<68A6>B>CI=:DJGID;=6C8:GN 8DJA9;68:699>I>DC6AA>I><6I>DC8DHIH>CEJGHJ>C<6CNHJ8=8A6>B E6GI>8JA6GAN>;I=:N9DCDIG:H>9:>CDGC:6G :A6L6G: /=:DJGI D;=6C8:GNB6N6AHDG:68=9>;;:G:CI?J9C8AJ9>C<8DJGIHL=:G:6HID8@=DA9:G 8DCH>9:G>C<6C68I>DCB6N7:AD86I:9DGLDJA9DI=:GL>H:8=DDH:ID7G>CDC 6C9HJ8=?J9K:AN >;68DJGIL:G:ID;>C9I=>HEGDK>H>DCD;DJG6B:C9:96C9G:HI6I:9 8:GI>;>86I:D;>C8DGEDG6I>DC>C6EEA>867A:ID DGJC:C;DG8:67A:>CG:HE:8ID; DC:DGBDG:D;I=:HE:8>;>:9INE:HD;68I>DCHDG EGD8::9>CC8JG699>I>DC6A8DHIH

*# +$()%",)*%##$*) )DC:

*# &(%&(* ) *JG8DGEDG6I:=:69FJ6GI:GH>HAD86I:96I. (6>CK: .>DJM!6AAH .DJI= 6@DI6 6C9>C.>DJM!6AAHL:=6K: ILDA:6H:9;68>A>I>:H;DGDJG96I68:CI:G6C9DE:G6I>DCH8:CI:G $C699>I>DCIDDJG8DGEDG6I:=:69FJ6GI:GH L:DE:G6I:;GDB 7G6C8=D;;>8:HAD86I:9>C8DBBJC>I>:H>CG>ODC6 DADG69D $DL6 &6CH6H (>CC:HDI6 (>HHDJG> ):7G6H@6 )DGI= 6@DI6 6C9.DJI= 6@DI6 2:A:6H:D;DJG7G6C8=D;;>8:H 6AADCB6G@:II:GBH 6C9L:DLCI=:G:B6>C9:GD;DJGD;;>8:H >C8AJ9>CC8:H6G:>C;G:: HI6C9>C< E:GB6C:CI;68>A>I>:H 2:<:C:G6AAN7:A>:K:DJG:M>HI>C<6C9 8DCIG68I:9 ;DG;68>A>I>:H6G:69:FJ6I:IDB::IDJGG:FJ>G:B:CIH

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

*# # $)*/ )"%)+() )DI6EEA>867A:

&(*

*# #(!*%(( )*($*K)%##%$'+ */("*)*%!%"(#**()$ ))+(&+())%'+ */)+( * ) *JG8DBBDCHID8@>HIG69:9DCI=:):L4DG@.ID8@ M8=6C<:JC9:GI=:HNB7DA"2 HD;)DK:B7:G L: =69 =DA9:GHD;G:8DG9 $C;DGB6I>DCG:<6G9>CC8:6C99>K>9:C9HE6>9DCDJG8DBBDCHID8@;DG:68=FJ6GI:GAN E:G>D9L>I=>CI=:ILDBDHIG:8:CI;>H86AN:6GH>HH:I;DGI=>CI=:I67A:7:ADL

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

$D<14A>5 -4867C430E4A0644G4A28B4 B42DA8C84BC>148BBD43D?>= ?A824>5 $D<14A>5B42DA8C84B0E08;01;4 4G4A28B4>5>DCBC0=38=6 >DCBC0=38=6A4BCA82C430=3 5>A5DCDA48BBD0=24D=34A4@D8CH A4BCA82C430=3?4A5>A<0=24 ?4A5>A<0=2410B43BC>2: 2>=?;0=B4G2;D38=6 10B43BC>2:2>= 2>= B42DA8C84BA45;42C438=2>;D<=0 0 1 2 FJ>IN8DBE:CH6I>DCEA6CH6EEGDK:97NH:8JG>IN=DA9:GHX FJ>IN8DBE:CH6I>DCEA6CHCDI6EEGDK:97NH:8JG>IN=DA9:GH S S S /DI6A

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

B>5)4?C4<14A "G:6I2:HI:GC6C8DGE$C8 .+ -JHH:AA &2-:<>DC6A6C@$C9:M 

*# )"* $$ "* /=:;DAADL>C<8DCHDA>96I:9;>C6C8>6A96I66HD;6C9;DGI=:96I:H6C9E:G>D9H>C9>86I:9>H9:G>K:9;GDBDJG6J9>I:9 8DCHDA>96I:9;>C6C8>6AHI6I:B:CIH /=:H:A:8I:98DCHDA>96I:9;>C6C8>6A96I6EG:H:CI:97:ADL>HCDI>C9>86I>K:D;DJG;JIJG:G:HJAIH ;DG6CNE:G>D9 /=:H:A:8I:98DCHDA>96I:9;>C6C8>6A96I6H:I;DGI=7:ADLH=DJA97:G:69>C8DC?JC8I>DCL>I=DJG8DCHDA>96I:9 ;>C6C8>6AHI6I:B:CIH6C9G:A6I:9CDI:H6C9$I:B (6C6<:B:CIH >H8JHH>DC6C9C6ANH>HD;!>C6C8>6ADC9>I>DC6C9-:HJAIHD; *E:G6I>DCH>C8AJ9:9:AH:L=:G:>CI=>HCCJ6A-:EDGIDC!DGB & /=:=>HIDG>86A;>C6C8>6A>C;DGB6I>DC7:ADL6AHD8DCI6>CH CDC "+;>C6C8>6AB:6HJG:H L=>8==6K:CDI7::C6J9>I:9

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

/=>H>H6CDC "+;>C6C8>6AB:6HJG:L:7:A>:K:>H=:AE;JAID>CI:GEG:I>CC6C8>6AG:HJAIH !DGBDG:>C;DGB6I>DCDCI=>HCDC "+;>C6C8>6AB:6HJG: H::$I:B (6C6<:B:CIH >H8JHH>DC6C9C6ANH>H D;!>C6C8>6ADC9>I>DC6C9-:HJAIHD;*E:G6I>DCHS)DC "+!>C6C8>6A(:6HJG:H6C9;DG6G:8DC8>A>6I>DCIDI=:BDHI9>G:8IAN8DBE6G67A:"+;>C6C8>6AB:6HJG: H::S)DC "+!>C6C8>6A(:6HJG:H -:8DC8>A>6I>DCH 'D6CH>C8AJ9:JCE6>9EG>C8>E6A76A6C8:C:ID;JC6BDGI>O:99>H8DJCIDC68FJ>G:9AD6CH6C9JC:6GC:9C:I9:;:GG:9;::H6C98DHIH6C9AD6CH>CEGD8:HH

$>=&8=0=280;#40BDA4B(42>=28;80C8>=B !DGBDG:>C;DGB6I>DCDCI=:H:;>C6C8>6AB:6HJG:H H::$I:B (6C6<:B:CIH >H8JHH>DC6C9C6ANH>HD;!>C6C8>6A DC9>I>DC6C9-:HJAIHD;*E:G6I>DCHS)DC "+!>C6C8>6A(:6HJG:H C0=35>A8B20;/40AB=343)4?C4<14A ;88->?5:@4;A?-:0?1D/1<@?4->1-:0<1>?4->1-9;A:@? 39DBC43=4C8=2><40=3039DBC4340A=8=6B?4A2><<>=B70A4 ):I>C8DB: "+ 998FJ>H>I>DC:ME:CH:H C:ID;I6M S S S 99 :;:GG:9I6M:HG:K6AJ6I>DC9J:ID/6M-:;DGB8I S S S S 9?JHI:9C:I>C8DB:

2:><=I:96K:G6<:9>AJI:98DBBDCH=6G:HDJIHI6C9>C< 6GC>CAJI:9 9?JHI:9:6GC>CAJI:9 

*0=681;4=4C8=2><40=3A4CDA=>=0E4A064C0=681;42><<>=4@D8CH ):I>C8DB: "+ 99BDGI>O6I>DCD;>CI6C<>7A:6HH:IH C:ID;I6M /6C<>7A:C:I>C8DB:

K:G6<:8DBBDC:FJ>IN ':HHK:G6<:AA6C9DI=:G>CI6C<>7A:6HH:IH K:G6<:I6C<>7A:8DBBDC:FJ>IN

-:IJGCDC6K:G6<:8DBBDC:FJ>IN -:IJGCDC6K:G6<:I6C<>7A:8DBBDC:FJ>IN 

6A8JA6I:96HC:I>C8DB: "+9>K>9:97N6K:G6<:8DBBDC:FJ>IN 6A8JA6I:96HI6C<>7A:C:I>C8DB:9>K>9:97N6K:G6<:I6C<>7A:8DBBDC:FJ>IN

39DBC43=4C8=C4A4BC8=2><40=3039DBC43=4C8=C4A4BC<0A68=5D;;HC0G4@D8E0;4=C 10B8B ):I>CI:G:HI>C8DB: "+ 99/6M:FJ>K6A:CI69?JHIB:CI ):I>CI:G:HI>C8DB:!/ 99JGG:CIG:6A>O:99:G>K6I>K:<6>CADHH 9?JHI:9C:I>CI:G:HI>C8DB:!/

K:G6<:>CI:G:HI :6GC>C<6HH:IH ):I>CI:G:HIB6G<>C!/ 9?JHI:9C:I>CI:G:HIB6G<>C!/ 

6A8JA6I:96HC:I>CI:G:HI>C8DB:!/ 9>K>9:97N6K:G6<:>CI:G:HI:6GC>C<6HH:IH 6A8JA6I:96H69?JHI:9C:I>CI:G:HI>C8DB:!/ 9>K>9:97N6K:G6<:>CI:G:HI:6GC>C<6HH:IH

39DBC438=C4A4BC8=2><40=3039DBC43H84;35D;;HC0G4@D8E0;4=C10B8B>==>= ) ;>0=B $CI:G:HI>C8DB: "+ 99/6M:FJ>K6A:CI69?JHIB:CI $CI:G:HI>C8DB:!/ 99JGG:CIG:6A>O:99:G>K6I>K:<6>CADHH 9?JHI:9>CI:G:HI>C8DB:!/

K:G6<:CDC . AD6CH 4>:A9!/ 9?JHI:9N>:A9!/ 

6A8JA6I:96H>CI:G:HI>C8DB:!/ 9>K>9:97N6K:G6<:AD6CH 6A8JA6I:96H69?JHI:9>CI:G:HI>C8DB:!/ 9>K>9:97N6K:G6<:AD6CH

 C0=35>A8B20;/40AB=343)4?C4<14A ;88->?5:@4;A?-:0?1D/1<@?4->1-:0<1>?4->1-9;A:@?

558284=2HA0C8> /DI6AG:K:CJ: "+ 99/6M:FJ>K6A:CI69?JHIB:CI /DI6AG:K:CJ:!/ 

)DC>CI:G:HI:ME:CH: ':HHBDGI>O6I>DCD;>CI6C<>7A:6HH:IH /6C<>7A:CDC>CI:G:HI:ME:CH:

;;>8>:C8NG6I>D 

6A8JA6I:96HI=:G6I>DD;I6C<>7A:CDC>CI:G:HI:ME:CH:IDIDI6AG:K:CJ:!/ 

*0=681;42><<>=4@D8CH0=3C0=681;42><<>=4@D8CHC>C0=681;40BB4CB /DI6AHID8@=DA9:GH:FJ>IN ':HH"DD9L>AA6C9DI=:G>CI6C<>7A:6HH:IH /6C<>7A:8DBBDC:FJ>IN

/DI6A6HH:IH ':HH"DD9L>AA6C9DI=:G>CI6C<>7A:6HH:IH /6C<>7A:6HH:IH

/6C<>7A:8DBBDC:FJ>INIDI6C<>7A:6HH:IH 

*0=681;41>>:E0;D4?4AB70A4 /DI6AHID8@=DA9:GH:FJ>IN ':HH"DD9L>AA6C9DI=:G>CI6C<>7A:6HH:IH /6C<>7A:8DBBDC:FJ>IN

DBBDCH=6G:HDJIHI6C9>C< DD@K6AJ:E:GH=6G: "+ /6C<>7A:7DD@K6AJ:E:GH=6G: )4;42C43'D0AC4A;H(4BD;CB>5%?4A0C8>=B 2:7:A>:K:I=:;DAADL>CI:98DCHDA>96I:9HI6I:B:CIHD;>C8DB:96I6=6H7::CEG:E6G:9DCHJ7HI6CI>6AAN I=:H6B:76H>H6HDJG6J9>I:98DCHDA>96I:9;>C6C8>6AHI6I:B:CIH6C9>C8AJ9:H6AA69?JHIB:CIH 8DCH>HI>CC< 69?JHIB:CIH C:8:HH6GN;DGI=:;6>GEG:H:CI6I>DCD;DJG8DCHDA>96I:9G:HJAIHD;DE:G6I>DCH;DGI=:FJ6GI:GHEG:H:CI:9 /=:=>HIDG>86A G:HJAIH;DG6CNFJ6GI:G9DCDIC:8:HH6G>AN>C9>86I:I=:G:HJAIH:ME:8I:9;DG6CN;JIJG:E:G>D9 /=>HJC6J9>I:98DC9:CH:9 8DCHDA>96I:9FJ6GI:GAN96I6H=DJA97:G:69ID<:I=:GL>I=DJG6J9>I:98DCHDA>96I:9;>C6C8>6AHI6I:B:CIH6C9G:A6I:9CDI:H>C8AJ9:9 :AH:L=:G:>CI=>HCCJ6A-:EDGIDC!DGB &

>A'D0AC4AB=343 )4? D= #0A 42 )4? D= #0A 42 ;88->?5:@4;A?-:0?1D/1<@?4->1-:0<1>?4->1-9;A:@? %?4A0C8=60C0 $CI:G:HI>C8DB: $CI:G:HI:ME:CH: +GDK>H>DC;DGAD6C6C9A:6H:ADHH:H )DC>CI:G:HI>C8DB: )DC>CI:G:HI:ME:CH: ):I>C8DB: ):I>CI:G:HI>C8DB: 9?JHI:9C:I>CI:G:HI>C8DB:!/ X ):I>CI:G:HIB6G<>C!/ X 9?JHI:9C:I>CI:G:HIB6G<>C!/ X 6GC>CAJI:9 9?JHI:9:6GC>CAJI:9X

$>=&'D0AC4A;H8=0=280;#40BDA4B(42>=28;80C8>=B !DGBDG:>C;DGB6I>DCDCI=:H:;>C6C8>6AB:6HJG:H H::$I:B (6C6<:B:CIH >H8JHH>DC6C9C6ANH>HD;!>C6C8>6A DC9>I>DC6C9-:HJAIHD;*E:G6I>DCHS)DC "+!>C6C8>6A(:6HJG:H >A'D0AC4AB=343 )4? D= #0A 42 )4? D= #0A 42 ;88->?5:@4;A?-:0?1D/1<@?4->1-:0<1>?4->1-9;A:@? 39DBC43=4C8=2><40=3039DBC4340A=8=6B?4A 2><<>=B70A4 ):I>C8DB: "+ 99 :;:GG:9I6M:HG:K6AJ6I>DC9J:ID/6M-:;DGB 8I SSSSSSS 9?JHI:9C:I>C8DB:

2:><=I:96K:G6<:9>AJI:98DBBDCH=6G:H DJIHI6C9>C< 6GC>CAJI:9 9?JHI:9:6GC>CAJI:9

39DBC43=4C8=C4A4BC8=2><40=3039DBC43=4C 8=C4A4BC<0A68=5D;;HC0G4@D8E0;4=C10B8B ):I>CI:G:HI>C8DB: "+ 99/6M:FJ>K6A:CI69?JHIB:CI ):I>CI:G:HI>C8DB:!/ 99JGG:CIG:6A>O:99:G>K6I>K:<6>CADHH 9?JHI:9C:I>CI:G:HI>C8DB:!/

K:G6<:>CI:G:HI :6GC>C<6HH:IH ):I>CI:G:HIB6G<>C!/ 9?JHI:9C:I>CI:G:HIB6G<>C!/

6A8JA6I:96HC:I>CI:G:HI>C8DB:!/ 9>K>9:97N6K:G6<:>CI:G:HI:6GC>C<6HH:IH CCJ6A>O:9;DGE6GI>6A N:6GE:G>D9H 6A8JA6I:96H69?JHI:9C:I>CI:G:HI>C8DB:!/ 9>K>9:97N6K:G6<:>CI:G:HI:6GC>C<6HH:IH CCJ6A>O:9;DGE6GI>6A N:6GE:G>D9H

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

/=:EG>C8>E6AHDJG8:HD;DJGG:K:CJ:H6C986H=;ADLH6G:>>CI:G:HI6C9;::H:6GC:9DCAD6CHB69:DG=:A97NDJG6C@ >>>CI:G:HIDC;>M:9>C8DB:>CK:HIB:CIH=:A97NDJG6C@>>>;::HDCL:6AI=B6C6<:B:CIH:GK>8:H>KH:GK>8:8=6G<:HDC 9:EDH>I688DJCIHB6>CI6>C:96IDJG6C@K<6>CDCI=:H6A:D;AD6CH=:A9;DGH6A:K><6>CHDCH6A:HD;H:8JG>I>:H6C9K>> B:G8=6CI6C986G9;::H *JGEG>C8>E6A:ME:CH:H6G:>>CI:G:HI:ME:CH:DC9:EDH>I688DJCIH6C9DI=:G7DGGDL>C>H6A6G>:H6C9 :BEADN::7:C:;>IH>>>96I6EGD8:HH>C<8DHIHEG>B6G>AN6HHD8>6I:9L>I=B6>CI6>C>CI;JC8I>DCH>K D88JE6C8N:ME:CH:H;DGB6>CI6>C>CA>I>:HKEGD;:HH>DC6A;::HK>7JH>C:HH9:K:ADEB:CIK>>! $>CHJG6C8: 6HH:HHB:CIH6C9K>>>DI=:GG:6A:HI6I:DLC:9:ME:CH:H /=:A6G<:HI8DBEDC:CI8DCIG>7JI>CC8DB:>HC:I>CI:G:HI >C8DB: L=>8=>HI=:9>;;:G:C8:7:IL::C>CI:G:HI:6GC:9DC:6GC>C<6HH:IHEG>B6G>ANAD6CH6C9>CK:HIB:CIH6C9>CI:G:HIE6>9DC >CI:G:HI 7:6G>C67>A>I>:HEG>B6G>AN9:EDH>I688DJCIH6C9DI=:G7DGGDL>CC8>E6A;JC8I>DCH>HID B6C6<:I=:HEG:697:IL::C>CI:G:HI:6GC:9DC:6GC>C<6HH:IH6C9>CI:G:HIE6>9DC>CI:G:HI 7:6G>C 67>A>I>:H>C6C:;;DGIID B6M>B>O:C:I>CI:G:HI>C8DB:L=>A:B6>CI6>C>C<6C6EEGDEG>6I:A:K:AD;>CI:G:HIG6I:G>H@ 867;867CB5>AC748B20;/40A=343)4?C4<14A ):I>C8DB:L6H B>AA>DC DG E:G9>AJI:9H=6G: ;DG;>H86AN:6G 8DBE6G:9IDC:I>C8DB:D; B>AA>DC DG E:G9>AJI:9H=6G: ;DG;>H86AN:6G 6C>C8G:6H:D; B>AA>DC DG /DI6AG:K:CJ:CDC !/ ;DG;>H86A N:6GG:B6>C:9;A6I L=>A:I=:G:L6H6HA><=IG:9J8I>DC>CCDC>CI:G:HI:ME:CH:H 6=><=:GEGDK>H>DC;DGAD6C6C9A:6H:ADHH:H 6C96ADL:GEGDK>H>DC;DG>C8DB:I6M:H /DI6AG:K:CJ:CDC !/ >HI=:HJBD;C:I>CI:G:HI>C8DB:CDC !/ 6C9CDC>CI:G:HI >C8DB: *JG:;;>8>:C8NG6I>D L=>8=B:6HJG:HDJG67>A>INIDB6C6<:CDC>CI:G:HI:ME:CH:H G:B6>C:9HIGDC<9JG>C<;>H86AN:6G 6I 8DBE6G:9ID ;DG;>H86AN:6G !DGBDG:>C;DGB6I>DCDCDJG:;;>8>:C8NG6I>D H::S)DC "+!>C6C8>6A (:6HJG:H6C9;DG6G:8DC8>A>6I>DCIDI=:BDHI9>G:8IAN8DBE6G67A:"+;>C6C8>6AB:6HJG: H::$I:B .:A:8I:9!>C6C8>6A 6I6 S)DC "+!>C6C8>6A(:6HJG:H-:8DC8>A>6I>DCH ):I>CI:G:HIB6G<>C L=>8=B:6HJG:HDJG67>A>INIDB6>CI6>C>CI:G:HIG6I:HDC>CI:G:HI:6GC>C<6HH:IH67DK:I=DH:D; >CI:G:HI 7:6G>C 67>A>I>:H L6H 6C9 ;DG;>H86AN:6GH 6C9 G:HE:8I>K:AN 9?JHI:9C:I>CI:G:HI B6G<>C L=>8=G:;A:8IHI=:G:6A>O:9<6>CADHHDC>CI:G:HIG6I:HL6EH L6H 6C9 ;DGI=:H6B:E:G>D9H G:HE:8I>K:AN 2:7:A>:K:DJG69?JHI:9C:I>CI:G:HIB6G<>C>HBDG:G:EG:H:CI6I>K:D;DJGJC9:GAN>CHI=:B:6HJG: L:JH:>CI:GC6AANID:K6AJ6I:DJGG:HJAIH ):I>CI:G:HIB6G<>C6C969?JHI:9C:I>CI:G:HIB6G<>CL:G:6C976H>HED>CIHADL:G G:HE:8I>K:AN 8DBE6G:9ID;>H86AN:6G ):I>CI:G:HIB6G<>C9:8G:6H:97:IL::CI=:ILDE:G>D9HEG>B6G>AN6G:HJAID;676H>H ED>CI>C8G:6H:>CI=:8DHID;9:EDH>IH E6GI>6AAND;;H:I7N676H>HED>CI>C8G:6H:>CI=:N>:A9DCAD6CH B>AA>DCG:9J8I>DC>C I=:8DHID;>CI:G:HIG6I:HL6EH7:IL::CI=:E:G>D9H>HI=:EG>B6GN9G>K:GD;I=:A:HHEGDCDJC8:99:8G:6H:>C69?JHI:9C:I>CI:G:HI B6G<>C8DBE6G:9IDC:I>CI:G:HIB6G<>C !DGBDG:>C;DGB6I>DCDCDJG69?JHI:9C:I>CI:G:HIB6G<>C H::S)DC "+!>C6C8>6A (:6HJG:H6C9;DG6G:8DC8>A>6I>DCIDI=:BDHI9>G:8IAN8DBE6G67A:"+;>C6C8>6AB:6HJG: H::$I:B .:A:8I:9!>C6C8>6A 6I6 S)DC "+!>C6C8>6A(:6HJG:H-:8DC8>A>6I>DCH /DI6AAD6CHL:G: 7>AA>DC6HD;.:EI:B7:G 8DBE6G:9ID 7>AA>DC6HD;.:EI:B7:G /=: B6?DG>IND;CI=:- H:D L=>8=AA>DC DG E6GI>6AAND;;H:I7N 6G:9J8I>DC>CI=:68JAIJG:H:AA>DC DG :EDH>IH6HD;.:EI:B7:G L:G: 7>AA>DC 6C >C8G:6H:D; B>AA>DC DG ;GDB 7>AA>DC6HD;.:EI:B7:G 6H6G:HJAID;7GD@:G:99:EDH>IH7:>C<6BDG: 8DHI:;;:8I>K:HDJG8:D;;JC9>C< )DC688GJ6A AD6CH >C8AJ9>C< . AD6CH L:G: B>AA>DC 6I .:EI:B7:G 6 9:8G:6H: D; B>AA>DC DG 8DBE6G:9 ID B>AA>DC 6I .:EI:B7:G 'D6CH AA>DC 6H D; .:EI:B7:G 6C >C8G:6H: D; B>AA>DC DG 8DBE6G:9 ID B>AA>DC 6I .:EI:B7:G L=>A: AD6CH AA>DC 6C >C8G:6H: D; B>AA>DC DG 8DBE6G:9 ID B>AA>DC DK:G I=: H6B: E:G>D9H /=: >C8G:6H: >C AD6CH B6G>AN 9J: ID 6 9:I:G>DG6I>DC 9JG>C< I=: N:6G D; 6 HB6AA CJB7:G D; 8DBB:G8>6A CDC G:6A :HI6I: G:A6I>DCH=>EH L=>A: I=: >C8G:6H: >C .J7HI6C96G9 L6H EG>B6G>AN 9J: ID 6 9:I:G>DG6I>DC 9JG>C< I=: N:6G D; 6 HB6AA CJB7:G D; 96>GN G:A6I>DCH=>EH *I=:G G:EDHH:HH:9 EGDE:GIN 76A6C8:H >C8G:6H:9 7N B>AA>DC DG EG>B6G>AN 9J: ID I=: 699>I>DC D; DC: A6G<: EGDE:GIN 9JG>C< I=: E:G>D9 +GDK>H>DC;DGAD6C6C9A:6H:ADHH:HL6H B>AA>DC;DG;>H86AN:6G 8DBE6G:9ID B>AA>DC;DG;>H86AN:6G ):I8=6G<: D;;H;DG;>H86AN:6GL:G: B>AA>DC DG D;6K:G6<:IDI6AAD6CHDC6C6CCJ6A>O:976H>H 8DBE6G:9 ID B>AA>DC DG ;DG;>H86AN:6G ):I8=6G<: D;;H>C;>H86AN:6GL:G:8DC8:CIG6I:9>CI=:68JAIJG:H:D L=>8=>C8AJ9:9 B>AA>DCD;C:I8=6G<: D;;HG:A6I:9IDI=:86IIA:>C9JHIGN 6C9I=:8DBB:G8>6ACDC G:6A :HI6I:H:D L=>8=>C8AJ9:9 B>AA>DCD;C:I8=6G<: D;;H /=:G6I>DD;'''IDIDI6AAD6CHL6H 6I.:EI:B7:G 6C>C8G:6H:;GDB 6I.:EI:B7:G /=:76A6C8:D;I=:'''>C8G:6H:9ID B>AA>DC6I .:EI:B7:G ;GDB B>AA>DC6I.:EI:B7:G

/>:G86E>I6A IDI6A86E>I6A6C9/>:GA:K:G6<:G6I>DHL:G: 6C9 G:HE:8I>K:AN 6I.:EI:B7:G 8DBE6G:9ID 6C9 G:HE:8I>K:AN 6I.:EI:B7:G $C699>I>DC DJGDBBDC FJ>IN/>:GG6I>D L6H 6I.:EI:B7:G 8DBE6G:9ID 6I.:EI:B7:G *JGI6C<>7A:8DBBDC:FJ>INIDI6C<>7A:6HH:IH G6I>DL6H 6I.:EI:B7:G 6C9 AAG:I6AG6I>DHG:B6>C67DK:G:C>BJBHID7:8DCH>9:G:9 L:AA86E>I6A>O:9 JG>C<;>H86AN:6G B>AA>DCL6H9:EADN:9IDG:EJG8=6H:6C9G:I>G:6EEGDM>B6I:AN B>AA>DCH=6G:H D;DBE6CNH8DBBDCHID8@JC9:GI=:G:EJG8=6H:EGDO:97NI=:D6G9D; >G:8IDGH !DGBDG:>C;DGB6I>DCDCDJG I6C<>7A:8DBBDC:FJ>INIDI6C<>7A:6HH:IHG6I>D H::S)DC "+!>C6C8>6A(:6HJG:H6C9;DG6G:8DC8>A>6I>DCIDI=:BDHI 9>G:8IAN8DBE6G67A:"+;>C6C8>6AB:6HJG: H::$I:B .:A:8I:9!>C6C8>6A 6I6S)DC "+!>C6C8>6A(:6HJG:H -:8DC8>A>6I>DCH !4H02C>AB5542C8=6%DADB8=4BB0=38=0=280;&4A5>A<0=24 2:7:A>:K:I=6IHI67A:ADC< I:GBI67>A>IN6G:I=:G:HJAID;7J>A9>CDCH=>EHL=>A: B6>CI6>C>C<9>H8>EA>C:9JC9:GLG>I>CCJ>CDC6A:;;>8>:C8N 2:EA6CID;D8JHDC DG><>C6I>C<=><= FJ6A>INAD6CH6C9CI76H:I=GDJ<=DJGG:A6I>DCH=>E 76H:97JH>C:HH6C96 7JH>C:HH76C@>C< 6EEGD68= 2:7:A>:K:I=6I8DCI>CJ>CAA:C67A:JHID<6>CB6G@:IH=6G:6C9>C8G:6H:EGD;>I67>A>IN !DGBDG:>C;DGB6I>DCDCI=:@:N8DBEDC:CIHD;DJGHIG6I:CJ:9HJ88:HH6C9;JIJG:C:HHS*JGJH>C:HH.IG6I::IND;G>H@HI=6IB6N>BE68IK6G>DJH6HE:8IHD;DJGG>H@EGD;>A:;GDBI>B:IDI>B: /=::MI:CID;HJ8= >BE68IHB6NK6GN9:E:C9>C8 EDA>I>86A6C9G:GDCB:CI B:G<:G6C9 68FJ>H>I>DC68I>K>IN6C9DE:G6I>DC6A8=6AA:C<:H !DGBDG:>C;DGB6I>DCDCI=:H:G>H@H6C9DJGG>H@B6C6<:B:CIHIG6I:<>:H H:: 6JI>DC6GN)DI:-:<6G9>CC<.I6I:B:CIH +6GI$ $I:B JH>C:HH6C9+6GI$ $I:B ->H@!68IDGH (4BD;CB>5%?4A0C8>=BJ8B20;/40AB=343)4?C4<14A 0=3 7&37*&8 /=:;DAADL>C<=A><=IH8:GI6>C@:N;>C6C8>6A6C9E:G;DGB6C8:>C;DGB6I>DC;DG;>H86AN:6GH 6C9

C0=35>A8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0?1D/1<@?4->1-:0<1>?4->1-9;A:@? %?4A0C8=60C0 $CI:G:HI>C8DB:!/ $CI:G:HI:ME:CH: )DC>CI:G:HI>C8DB: )DC>CI:G:HI:ME:CH: +GDK>H>DC;DGAD6C6C9A:6H:ADHH:H ):I>C8DB: 9?JHI:9C:I>C8DB:X DBBDCH=6G:HDJIHI6C9>C< 2:><=I:96K:G6<:9>AJI:98DBBDCH=6G:HDJIHI6C9>C< 6GC>CAJI:9 9?JHI:9:6GC>CAJI:9X &4A5>A<0=24(0C8>B ):I>CI:G:HIB6G<>C!/ X 9?JHI:9C:I>CI:G:HIB6G<>C!/ X -:IJGCDC6K:G6<:IDI6A6HH:IH -:IJGCDC6K:G6<:8DBBDC:FJ>IN -:IJGCDC6K:G6<:I6C<>7A:8DBBDC:FJ>INX ;;>8>:C8NG6I>DX

 &5/5&3&45/$0.& /=:;DAADL>CCI:G:HI>C8DB: C:I>CI:G:HIB6G<>C6C969?JHI:9C:I>CI:G:HIB6G<>C;DG;>H86AN:6GH 6C9

C0=35>A8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0? $4C8=C4A4BC8=2><4 /DI6A>CI:G:HI>C8DB:!/ ':HH/DI6A>CI:G:HI:ME:CH: ):I>CI:G:HI>C8DB:!/ $4C8=C4A4BC<0A68=*0=3039DBC43=4C8=C4A4BC<0A68=*L K:G6<:>CI:G:HI :6GC>C<6HH:IH K:G6<:>CI:G:HI 7:6G>C 67>A>I>:H ):I>CI:G:HIB6G<>C!/ 9?JHI:9C:I>CI:G:HIB6G<>C!/ X

/=>H>H6CDC "+;>C6C8>6AB:6HJG:L:7:A>:K:>H=:AE;JAID>CI:GEG:I>CC6C8>6AG:HJAIH !DGBDG:>C;DGB6I>DCDCI=>HCDC "+;>C6C8>6AB:6HJG: H::S)DC "+ !>C6C8>6A(:6HJG:H6C9;DG6G:8DC8>A>6I>DCIDI=:BDHI9>G:8IAN8DBE6G67A:"+;>C6C8>6AB:6HJG: H::$I:B .:A:8I:9!>C6C8>6A 6I6S)DC "+!>C6C8>6A(:6HJG:H -:8DC8>A>6I>DCH ):I>CI:G:HI>C8DB:>C8G:6H:9 B>AA>DC DG ID B>AA>DC>C;>H86AN:6G;GDB B>AA>DC>C;>H86A N:6G L=>8=>C8G:6H:9 B>AA>DC DG ;GDB B>AA>DC>C;>H86AN:6G /=:>C8G:6H:>CC:I>CI:G:HI>C8DB: ;DG7DI=E:G>D9HL6HEG>B6G>AN6IIG>7JI67A:ID=><=:GAD6C>CI:G:HI>C8DB:9G>K:C7N 6C9 D;C6K:G6<:AD6CH DJIHI6C9>C<7:IL::CI=:E:G>D9H G:HE:8I>K:AN 8DB7>C:9L>I==><=:GN>:A9HDCIDI6AAD6CH E6GI>6AAND;;H:I7N=><=:G>CI:G:HI :ME:CH:6HHD8>6I:9L>I=I=:8DHID;9:EDH>IH;DGI=:H6B:E:G>D9H ):I>CI:G:HIB6G<>CL6H 6C9 >C;>H86AN:6GH6C9 G:HE:8I>K:AN L=>A:69?JHI:9C:I>CI:G:HIB6G<>C L6H 6C9 DK:GI=:H6B:E:G>D9H G:HE:8I>K:AN /=:76H>HED>CIH9:8G:6H:>CC:I>CI:G:HIB6G<>CL6HEG>B6G>AN9J: ID676H>HED>CI>C8G:6H:>CI=:8DHID;9:EDH>IH E6GI>6AAND;;H:I7N676H>HED>CI>C8G:6H:>CI=:N>:A9DCAD6CH B>AA>DC G:9J8I>DC>CI=:8DHID;>CI:G:HIG6I:HL6EH7:IL::CI=:E:G>D9H>HI=:EG>B6GN9G>K:GD;I=:A:HHEGDCDJC8:99:8G:6H:>C69?JHI:9 C:I>CI:G:HIB6G<>C8DBE6G:9IDC:I>CI:G:HIB6G<>C ):I>CI:G:HIB6G<>CL6H >C;>H86AN:6G 8DBE6G:9L>I= >C;>H86AN:6G 9?JHI:9C:I>CI:G:HI B6G<>CL6H 6C9 DK:GI=:H6B:E:G>D9H G:HE:8I>K:AN /=:9:8G:6H:>CC:I>CI:G:HIB6G<>CL6HEG>B6G>AN9J:ID6 76H>HED>CI>C8G:6H:>CI=:8DHID;>CI:G:HI 7:6G>C 67>A>I>:H E6GI>6AAND;;H:I7N676H>HED>CI>C8G:6H:>CI=:8DHID;>CI:G:HI :6GC>C<6HH:IH9G>K:C7N=><=:G6K:G6<:AD6C76A6C8:H6H6EGDEDGI>DCD;:6GC>C<6HH:IH6C9>BEGDK>C:A9H B>AA>DC G:9J8I>DC>CI=:8DHID;>CI:G:HIG6I:HL6EH7:IL::CI=:E:G>D9H>HI=:EG>B6GN9G>K:GD;I=:BDG:EGDCDJC8:9>C8G:6H:>C69?JHI:9 C:I>CI:G:HIB6G<>C8DBE6G:9IDC:I>CI:G:HIB6G<>C !DGBDG:>C;DGB6I>DCDCDJG69?JHI:9C:I>CI:G:HIB6G<>C H::S)DC "+ !>C6C8>6A(:6HJG:H6C9;DG6G:8DC8>A>6I>DCIDI=:BDHI9>G:8IAN8DBE6G67A:"+;>C6C8>6AB:6HJG: H::$I:B .:A:8I:9 !>C6C8>6A 6I6S)DC "+!>C6C8>6A(:6HJG:H-:8DC8>A>6I>DCH /=:;DAADL>CHIG>7JI>DCD;6K:G6<:6HH:IH A>67>A>I>:H6C9:FJ>IN >CI:G:HI>C8DB:6C9G:HJAI>C:A9H DC6K:G6<:>CI:G:HI :6GC>C<6HH:IH 6C9>CI:G:HI:ME:CH:6C9G6I:HDC6K:G6<:>CI:G:HI 7:6G>C 67>A>I>:H;DG;>H86AN:6GH 6C9 G:HE:8I>K:AN 'D6CHDCCDC688GJ6AHI6IJHI=6I=69>CI:G:HI688GJ:96HD;I=:96I:D;CDC688GJ6A6G:>BB:9>6I:ANG:K:GH:9 6H6G:9J8I>DCID>CI:G:HI>C8DB: L=>A:6CN>CI:G:HIHJ7H:FJ:CIANG:8DK:G:9>HG:8DG9:9>CI=:E:G>D9D;G:8DK:GN /6M :M:BEI AD6CH6C9H:8JG>I>:H IDI6A>CAA>DC6I.:EI:B7:G 6C9 B>AA>DC6I.:EI:B7:G 6G:INE>86AAN :CI:G:96IADL:G>CI:G:HIG6I:6GG6C<:B:CIHI=6C8DBE6G67A:CDC :M:BEIAD6CH6C9H:8JG>I>:H /=:6BDJCID;>CI:G:HI>C8DB: G:;A:8I:97:ADL=6H7::C69?JHI:9ID>C8AJ9:I=:6BDJCID;I6M7:C:;>IG:6A>O:9>CI=:E:G>D96C96HHJ8=>HEG:H:CI:9DC6;JAAN I6M :FJ>K6A:CI76H>H I=:86A8JA6I>DCD;L=>8=>HDJIA>C:9>CI=:9>H8JHH>DCD;CDC "+>I:BH H::S)DC "+!>C6C8>6A (:6HJG:H6C9;DG6G:8DC8>A>6I>DCIDI=:BDHI9>G:8IAN8DBE6G67A:"+;>C6C8>6AB:6HJG: H::$I:B .:A:8I:9!>C6C8>6A 6I6 S)DC "+!>C6C8>6A(:6HJG:H-:8DC8>A>6I>DCH . AD6CHG:EG:H:CIAD6CH688DJCI:9;DG>C688DG96C8:L>I=. //;A:@5:3;DG#A>/4-?10 ;-:?I=6IL:G:8G:9>I>BE6>G:96II=:I>B:L:68FJ>G:9I=:B )DC . AD6CHG:EG:H:CI AD6CHL:=6K:DG><>C6I:96C9AD6CHL:=6K:68FJ>G:9I=6IL:G:CDI8G:9>I>BE6>G:96II=:I>B:L:68FJ>G:9I=:B

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

$CI:G:HI>C8DB:>C8AJ9:H B>AA>DC B>AA>DC6C9 B>AA>DC;DG;>H86AN:6GH 6C9 G:HE:8I>K:AN G:HJAI>C<;GDB>CI:G:HI:6GC:9DC9:G>K6I>K:8DAA6I:G6A>C8AJ9:9>CDI=:G6HH:IHDCI=: 8DCHDA>96I:976A6C8:H=::IH $CI:G:HI>C8DB:>C8AJ9:H B>AA>DC B>AA>DC6C9 B>AA>DC;DG;>H86AN:6GH 6C9 G:HE:8I>K:AN G:HJAI>C<;GDB688G:I>DCD;EJG8=6H:688DJCI>C<9>H8DJCI6HHD8>6I:9L>I=68FJ>G:9AD6CH /5&3&45/$0.& /=:;DAADL>CCI:G:HI>C8DB:;DG;>H86AN:6GH 6C9

8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0? =C4A4BC8=2><4 'D6CH!/ $CK:HIB:CIH:8JG>I>:H !:9:G6A;JC9HHDA96C9DI=:G /DI6A>CI:G:HI>C8DB:!/ ':HH/6M:FJ>K6A:CI69?JHIB:CI /DI6A>CI:G:HI>C8DB:"+ /DI6A>CI:G:HI>C8DB:8DCH>HIHEG>B6G>AND;>CI:G:HI>C8DB:DCAD6CH6C9>CI:G:HI>C8DB:DCDJG>CK:HIB:CIEDGI;DA>D /DI6A>CI:G:HI>C8DB:!/ >C8G:6H:9 B>AA>DC DG ID B>AA>DC;DG;>H86AN:6G ;GDB B>AA>DC;DG ;>H86AN:6G L=>8=>C8G:6H:9 B>AA>DC DG ;GDB B>AA>DC;DG;>H86AN:6G .>;>86CI8DBEDC:CIHD; >CI:G:HI>C8DB:6G:9:H8G>7:9>C;JGI=:G9:I6>A7:ADL

;-:?$CI:G:HI>C8DB:DC6AAAD6CH>C8G:6H:9ID B>AA>DC>C;>H86AN:6G;GDB B>AA>DC>C;>H86AN:6G 6C>C8G:6H:D; B>AA>DC DG K:G6<:C:IAD6C76A6C8:H;DG;>H86AN:6GL:G: 7>AA>DC G:EG:H:CI>C<6 >C8G:6H:8DBE6G:9IDI=:H6B:E:G>D9>C;>H86AN:6G /=:B6?DG>IND;CI=:- H:D L=>8=AA>DC DG E6GI>6AAND;;H:I7N6G:9J8I>DC>CI=:68JAIJG:H:AA>DC DG /=:A6G<:HI8DCIG>7JIDGHIDI=:DK:G6AACI=:- H:C<;>H86AN:6GL:G:I=:CDC DLC:G D88JE>:9 - H:8=AA>DC DG 6C9I=:DLC:G D88JE>:9- H:8=>C8G:6H:9 B>AA>DC DG D;;H:I>CE6GI7N69:8G:6H:D; B>AA>DC DG >CI=:8DCHIGJ8I>DC6C99:K:ADEB:CIH:C8DB:DC . AD6CH L=>8=6G:EJG8=6H:98G:9>I>BE6>G:9AD6CHL>I=69>;;:G:CI>C8DB:G:8DI>DCBD9:A 9:8G:6H:9 B>AA>DC 7:IL::CI=:ILDE:G>D9H EG>B6G>AN9G>K:C7NI=:GJCD;;D;I=:68FJ>G:9AD6CEDGI;DA>DH $CI:G:HI>C8DB:DC6AAAD6CH>C8G:6H:9ID B>AA>DC>C;>H86AN:6G;GDB B>AA>DC>C;>H86AN:6G 6C >C8G:6H:D; B>AA>DC DG 9JG>CH86AN:6G K:G6<:C:IAD6C76A6C8:H;DG;>H86AN:6GL:G: 7>AA>DC G:EG:H:CI>C<6 >C8G:6H:8DBE6G:9IDI=:H6B:E:G>D9>C;>H86AN:6G /=:B6?DG>IND;CI=:- H:D L=>8=AA>DC DG E6GI>6AAND;;H:I7N6G:9J8I>DC>CI=:G:H>9:CI>6AG:6A:HI6I: H:AA>DC DG /=:A6G<:HI8DCIG>7JIDGHIDCI=:- H:C<;>H86AN:6GL:G:I=:CDC DLC:G D88JE>:9- HJ7H:8=AA>DC DG I=:DLC:G D88JE>:9- HJ7H:8=H=DL:96C >C8G:6H:D; B>AA>DC DG 6C9I=:8DCHIGJ8I>DC6C99:K:ADEB:CIHJ7H:8=AA>DC DG $CI:G:HI>C8DB:DC. AD6CH>C8G:6H:9 B>AA>DC7:IL::CI=:ILDE:G>D9H EG>B6G>AN9G>K:C7N688:A:G6I:9688G:I>DC D;>CI:G:HI>C8DB:DCDC:EDDAD;EJG8=6H:98G:9>I>BE6>G:9AD6CH>C;>H86AN:6G *JGN>:A9DCAD6CH>H6;;:8I:97NB6G@:I>CI:G:HIG6I:H I=:A:K:AD;69?JHI67A: G6I:AD6C>C9>8:H >CI:G:HIG6I:;ADDGH6C9 86EH 8JHIDB:GG:E6NB:CI68I>K>IN I=:A:K:AD;AD6CH=:A9;DGH6A: EDGI;DA>DB>M6C9I=:A:K:AD;CDC688GJ6AAD6CH /=:6K:G6<: I6M:FJ>K6A:CIN>:A9DCCDC . AD6CHL6H ;DG;>H86AN:6G 676H>HED>CI>C8G:6H:8DBE6G:9ID ;DG ;>H86AN:6G L=>8=L6H6C76H>HED>CI>C8G:6H:;GDB ;DG;>H86AN:6G 9?JHI:9;DGI=:8JGG:CIG:6A>O:9<6>C ADHHDC9:G>K6I>K:HL:JH:IDB6C6<:>CI:G:HIG6I:G>H@DC8:GI6>CD;DJGAD6CH6I;6>GK6AJ: L=>8=L:7:A>:K:G:EG:H:CIHI=: JC9:GAN>C<:8DCDB>8HD;I=:IG6CH68I>DCH I=:69?JHI:9N>:A9DCCDC . AD6CHL6H ;DG;>H86AN:6G 6C >C8G:6H:D;76H>HED>CIH8DBE6G:9ID ;DG;>H86AN:6G L=>8=L6H676H>HED>CIH>C8G:6H:8DBE6G:9ID ;DG ;>H86AN:6G !DGBDG:>C;DGB6I>DCDCDJG69?JHI:9N>:A9DCCDC . AD6CH H::S)DC "+!>C6C8>6A(:6HJG:H 6C9;DG6G:8DC8>A>6I>DCIDI=:BDHI9>G:8IAN8DBE6G67A:"+;>C6C8>6AB:6HJG: H::$I:B .:A:8I:9!>C6C8>6A 6I6S)DC "+!>C6C8>6A(:6HJG:H-:8DC8>A>6I>DCH /=:6K:G6<:9JG6I>DCD;I=:AD6CEDGI;DA>D >C8AJ9>CBE68ID;I=:>CI:G:HIG6I:HL6EHDCI=:9JG6I>DCD;;6>GK6AJ: AD6CH L6H6G:A6I>K:ANH=DGI N:6GH6HD;.:EI:B7:G EEGDM>B6I:AN DG 7>AA>DC D;I=:EDGI;DA>D>H 8DBEG>H:9D;;>M:9G6I:AD6CH D;L=>8= B>AA>DCD;AD6CH6G:;>M:9 G6I:AD6CHL>I=6CDG><>C6AI:GBD;N:6GHDG8=L:=6K::CI:G:9>CID:FJ6A6C9D;;H:II>C<;>M:9 ID ;AD6I>C<>CI:G:HIG6I:HL6EH /=:H:AD6CH:;;:8I>K:AN7:=6K:6H;AD6I>C< G6I:AD6CH !DG;AD6I>CCI=:EDGI;DA>D 6EEGDM>B6I:AN6G:>C9:M:9ID26AA.IG::I%DJGC6A+G>B: ID N:6G /G:6HJG>:H6C9I=:76A6C8:IDK6G>DJHDI=:G>C9>8:H ':HHI=6CD;DJGIDI6AAD6CHG6I:H6G:;ADDG:9 L>I=6C6K:G6<:>CI:G:HIG6I: ;ADDG76H>HED>CIH67DK:B6G@:IG6I:H 'D6C G:A6I:9;::>C8DB:D; B>AA>DC>H>C8AJ9:9>C>CI:G:HI>C8DB:;DG;>H86AN:6G 8DBE6G:9ID B>AA>DC6C9 B>AA>DC;DG;>H86AN:6GH6C9 G:HE:8I>K:AN $C699>I>DC 8:GI6>C;::H8DAA:8I:96IAD6CDG><>C6I>DC6G:8DCH>9:G:9ID 7:68DBEDC:CID;N>:A9DCI=:JC9:GAN>CO:9>CID>C8DB:DK:GI=:A>;:D;I=:AD6CH BDGI>O6I>DCG:A6I:9IDI=:! $>C9:BC>;>86I>DC6HH:IHD; B>AA>DC B>AA>DC6C9 B>AA>DC;DG;>H86AN:6GH 6C9 G:HE:8I>K:AN >H>C8AJ9:96H6G:9J8I>DCID>CI:G:HI>C8DB: :B1?@91:@#;>@2;85;/=:86GGN>CCK:HIB:CIH:8JG>I>:H6C9!#'HID8@L6H 7>AA>DC6C9 7>AA>DC6H D;.:EI:B7:G 6C9 G:HE:8I>K:AN $CI:G:HI>C8DB:DC>CK:HIB:CIH>C8AJ9:H>C8DB::6GC:9DC>CK:HIB:CIH:8JG>I>:H 6C9!#'HID8@ $CI:G:HI>C8DB:DC>CK:HIB:CIHL6H B>AA>DC;DG;>H86AN:6G 6C>C8G:6H:D; B>AA>DC DG ;GDB B>AA>DC>C;>H86AN:6G /=:>C8G:6H:>C>CI:G:HI>C8DB:L6H9G>K:C7N6C>C8G:6H:>C6K:G6<:>CK:HIB:CI76A6C8:D; B>AA>DC DG 8DB7>C:9L>I=I=:N>:A9DC>CK:HIB:CIHL=>8=>C8G:6H:976H>HED>CIHID ;DG;>H86AN:6G 8DBE6G:9ID ;DG;>H86AN:6G $C;>H86AN:6G >CI:G:HI>C8DB:DC>CK:HIB:CIH>C8G:6H:9ID B>AA>DC;GDB B>AA>DC>C;>H86AN:6G 6C >C8G:6H:D; B>AA>DC DG /=:>C8G:6H:L6H9G>K:C7N676H>HED>CI>C8G:6H:>CI=:N>:A9DC>CK:HIB:CIH>C;>H86AN:6G ID 8DBE6G:9ID ;DG;>H86AN:6G E6GI>6AAND;;H:I7N69:8G:6H:>C6K:G6<:76A6C8:H /=:L:><=I:96K:G6<:A>;:D;I=:EDGI;DA>DL6H N:6GH6I.:EI:B7:G N:6GH6I.:EI:B7:G 6C9 N:6GH6I.:EI:B7:G K:G6<:>CK:HIB:CIH>C;>H86AN:6GH 6C9L:G: 6C9 D;IDI6A 6K:G6<:>CI:G:HI :6GC>C<6HH:IH G:HE:8I>K:AN

 /5&3&4591&/4& /=:;DAADL>CCI:G:HI:ME:CH:;DG;>H86AN:6GH 6C9

8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0? =C4A4BC4G?4=B4 :EDH>IH !#'69K6C8:H6C9DI=:G7DGGDL>CC6I:99:7:CIJG:H6C9HJ7DG9>C6I:9CDI:HE6N67A: /DI6A>CI:G:HI:ME:CH: /DI6A>CI:G:HI:ME:CH:8DCH>HIHEG>B6G>AND;>CI:G:HI:ME:CH:DCI=G::8DBEDC:CIH9:EDH>IH !#'69K6C8:H6C9DI=:G 7DGGDL>CCC6I:99:7:CIJG:H6C9HJ7DG9>C6I:9CDI:HE6N67A: /DI6A>CI:G:HI:ME:CH:>C8G:6H:9 B>AA>DC DG ID B>AA>DC>C;>H86AN:6G ;GDB B>AA>DC>C;>H86AN:6G L=>8=>C8G:6H:9 B>AA>DC DG ;GDB B>AA>DC>C;>H86AN:6G K:G6<:>CI:G:HI 7:6G>C 67>A>I>:H>C8G:6H:9 B>AA>DC DG ID 7>AA>DC>C;>H86AN:6G ;GDB 7>AA>DC>C;>H86AN:6G L=>8=>C8G:6H:9 B>AA>DC DG ;GDB 7>AA>DC>C ;>H86AN:6G /=:6K:G6<:8DHID;IDI6A>CI:G:HI 7:6G>C 67>A>I>:H>C8G:6H:9ID >C;>H86AN:6G 8DBE6G:9ID >C ;>H86AN:6G6C9 >C;>H86AN:6G .>;>86CI8DBEDC:CIHD;>CI:G:HI:ME:CH:6G:9:H8G>7:9>C;JGI=:G9:I6>A7:ADL 1<;?5@?$CI:G:HI:ME:CH:DC9:EDH>IH 8DCH>HI>CCI:G:HI 7:6G>C<688DJCIH6C9I>B:9:EDH>IH L6H B>AA>DC>C ;>H86AN:6G8DBE6G:9L>I= B>AA>DC>C;>H86AN:6G 6C>C8G:6H:D; B>AA>DC DG L=>8=L6H6C>C8G:6H: D; B>AA>DC DG ;GDB B>AA>DC>C;>H86AN:6G /=:>C8G:6H:H;DG7DI=E:G>D9HL:G:9G>K:C7NC 6K:G6<:9:EDH>IHDJIHI6C9>C<6C9>C8G:6H>C<7:C8=B6G@>CI:G:HIG6I:H>CI=:8DHID;9:EDH>IH K:G6<:9:EDH>I76A6C8:H>C8G:6H:9 ID 7>AA>DC>C;>H86AN:6G;GDB 7>AA>DC>C;>H86AN:6G 6C>C8G:6H:D; B>AA>DC DG L=>8=L6H6C >C8G:6H:D; B>AA>DC DG ;GDB 7>AA>DC>C;>H86AN:6G /=:8DHID;9:EDH>IH>C8G:6H:976H>HED>CIHID ;DG;>H86AN:6G;GDB ;DG;>H86AN:6G L=>8=>C8G:6H:976H>HED>CIH;GDB ;DG;>H86AN:6G G:;A:8I>C<6G>H:>CB6G@:I>CI:G:HIG6I:H6C9>C8G:6H:98DBE:I>I>DC;DG9:EDH>I76A6C8:H K:G6<:CDC>CI:G:HI 7:6G>C<9:B6C9688DJCI76A6C8:H9:8G:6H:9ID D;6K:G6<:IDI6A9:EDH>IH;DG;>H86AN:6G 8DBE6G:9L>I= ;DG;>H86AN:6G6C9 ;DG;>H86AN:6G /DI6A6K:G6<:DI=:GA>FJ>9688DJCIH 8DCH>HI>CCI:G:HI 7:6G>C<9:B6C9688DJCIH 8DBEG>H:9 D;IDI6A6K:G6<:9:EDH>IH>C;>H86AN:6G 8DBE6G:9ID D;IDI6A 6K:G6<:9:EDH>IH;DG;>H86AN:6G6C9 >C;>H86AN:6G L=>A:I>B:9:EDH>I688DJCIH>C8G:6H:9>C;>H86AN:6GID D;IDI6A6K:G6<:9:EDH>IH8DBE6G:9ID >C;>H86AN:6G6C9 >C;>H86AN:6G 0B-:/1?-:0"@41>;>>;C5:3?$CI:G:HI:ME:CH:DC!#'69K6C8:H6C9DI=:G7DGGDL>CAA>DC;DG ;>H86AN:6G 8DBE6G:9ID B>AA>DC;DG;>H86AN:6G6C9 B>AA>DC;DG;>H86AN:6G G:;A:8I>C<=I:96K:G6<: 8DHID; 6C9 G:HE:8I>K:AN *JG6K:G6<:76A6C8:;DG!#'69K6C8:H6C9DI=:G7DGGDL>CAA>DC>C;>H86AN:6G;GDB B>AA>DC>C;>H86AN:6G L=>8=9:8G:6H:9;GDB B>AA>DC>C;>H86AN:6G K:G6<:!#'69K6C8:H6C9DI=:G7DGGDL>CDCD;IDI6A6K:G6<:>CI:G:HI 7:6G>C 67>A>I>:HL:G: ;DG ;>H86AN:6G ;DG;>H86AN:6G6C9 ;DG;>H86AN:6G /=:6K:G6<:G6I:E6>9DC!#'69K6C8:H>H>BE68I:9 7NB6G@:IG6I:H6C9I=:K6G>DJHI:GBH6C9G:EG>8>C<;G:FJ:C8ND;I=:HE:8>;>8DJIHI6C9>C<7DGGDL>CC:68=N:6G /=:L:><=I:9 6K:G6<:8DCIG68IJ6AG6I:E6>9DCDJG!#'69K6C8:HL6H 6I.:EI:B7:G 6I.:EI:B7:G 6C9 6I.:EI:B7:G /=:6K:G6<:I:CDGD;DJG!#'69K6C8:HL6HBDCI=H6I.:EI:B7:G BDCI=H6I .:EI:B7:G 6C9BDCI=H6I.:EI:B7:G /=:6BDJCID;DI=:G7DGGDL>CCI:G:HI:ME:CH:6G: >BB6I:G>6A>C:68=D;;>H86AN:6GH 6C9 2:BJHI8DAA6I:G6A>O:!#'69K6C8:H7NEA:9<>CCK:HIB:CIH 2:EA:9<:BDG:6HH:IHI=6CG:FJ>G:9 7NDJG8JGG:CIA:K:AD;7DGGDL>CCDG9:GIDB6>CI6>C699>I>DC6A7DGGDL>C<86E68>IN AI=DJ<=L:B6NHJ7HI>IJI:DI=:GAD6CH;DG HJ8=EA:9<:9AD6CH L:6G:G:HIG>8I:9>CDJG67>A>INIDH:AADGDI=:GL>H:EA:9<:I=:H:AD6CHL>I=DJIHJ7HI>IJI>C<8DAA6I:G6ADG EG:E6N>C<6EDGI>DCD;I=:!#'69K6C8:H I.:EI:B7:G L:=69EA:9<:9 7>AA>DCD;AD6CHIDI=:!#' 6<6>CHI L=>8=L:=697DGGDL:9 B>AA>DC &A.;>05:-@101.1:@A>1?-:0&A.;>05:-@10!;@1?#-E-.81$CI:G:HI:ME:CH:DCDJGDJIHI6C9>CDGHJ7DG9>C6I:9 9:7:CIJG:H6C9HJ7DG9>C6I:9CDI:HE6N67A:L6H B>AA>DC;DG;>H86AN:6G B>AA>DC;DG;>H86AN:6G 6C9 B>AA>DC;DG;>H86AN:6G /=:L:><=I:96K:G6<:8DCIG68IJ6AG6I:DCDJIHI6C9>CDGHJ7DG9>C6I:99:7:CIJG:HL6H 6C9 6I.:EI:B7:G 6C9 G:HE:8I>K:AN /=:L:><=I:96K:G6<:8DCIG68IJ6AG6I:DCDJIHI6C9>C< HJ7DG9>C6I:9CDI:HE6N67A:L6H 6I:68=D;I=:E:G>D9H:C9:9.:EI:B7:G 6C9

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

HEG:H:CI:967DK: I=:CDC . AD6CEDGI;DA>D>C8AJ9:HDG><>C6I:9AD6CH DI=:GI=6CAD6CH;DGL=>8=L:=6K::A:8I:9I=:;6>GK6AJ:DEI>DC 6C9AD6CHL:68FJ>G:9I=6IL: 9>9CDI9:I:GB>C:L:G:68FJ>G:9L>I=9:I:G>DG6I:98G:9>IFJ6A>IN

05"-3&%*5&-"5&%)"3(&4 2:G:8DO:9DI=:G8G:9>I G:A6I:98=6G<:H9JG>C<;>H86AN:6GI=6IL:G:=><=:G8DBE6G:9ID;>H86AN:6G L=>8= L6HADL:G8DBE6G:9ID;>H86AN:6G 2:7:A>:K:I=:;DAADL>C8=HJBB6G>O:H:68=8DBEDC:CID;I=:IDI6A8G:9>I G:A6I:98=6G<:H>C8JGG:99JG>CDG;>H86AN:6GH >H=:AE;JAIDJC9:GHI6C9>CBE68IDCDJGN:6GAN G:HJAIHD;DE:G6I>DCH ):IDI=:GG:EDHH:HH:9EGDE:GIN8=6G<:H>C8AJ9:DI=:GG:EDHH:HH:9EGDE:GINDE:G6I>C<8DHIH K6AJ6I>DC 69?JHIB:CIH6C9<6>CADHHDCH6A:D;DI=:GG:EDHH:HH:9EGDE:GI>:H :68=D;L=>8=:CI:G:9DI=:GG:EDHH:HH:9EGDE:GIN6H6G:HJAID; I=:;DGB:G7DGGDL:G;6>A>C<6I>DC -:K:GH6AD;>CI:G:HI>C8DB:DCCDC688GJ6AAD6CHD88JGHL=:CL: 7:8DB:6L6G:I=6I6AD6C ;DGL=>8=L:=697::CG:8DO>C<>CI:G:HI>C8DB: L>AACDADC<:G7:67A:IDE:G;DGB688DG9>CI>DCHD;I=:AD6C6C8AJ9>CCI:G:HIDL:9IDJH 2:G:8DG96G:8DK:GND;>CI:G:HI>C8DB: DCCDC688GJ6AAD6CHD88JGHL=:CL:G:8:>K:E6NB:CID;>CI:G:HIDL:9IDJH 'D6C;6>GK6AJ:69?JHIB:CIHG:A6I:9ID8G:9>IG:A6I:ID I=:EDGI>DCD;DJGAD6CEDGI;DA>D;DGL=>8=L:=6K::A:8I:9I=:;6>GK6AJ:DEI>DCI=:H:6BDJCIHG:;A:8I:ME:8I:98G:9>IADHH:H>C I=:EDGI;DA>D 8B20;/40AB=343)4?C4<14A C4< =2;D343F8C78= )"8=4 C4?5:@4;A?-:0? +GDK>H>DC;DGAD6C6C9A:6H:ADHH:H +GDK>H>DC;DGAD6C6C9A:6H:ADHH:H ):IDI=:GG:EDHH:HH:9EGDE:GIN8=6G<:H ):IADHHDCG:EDHH:HH:9EGDE:GIN6C9 DI=:GG:A6I:9:ME:CH:H -:K:GH6AD;>CI:G:HI>C8DB:DCCDC688GJ6AAD6CH $CI:G:HI>C8DB:DCAD6CH 'D6C;6>GK6AJ:69?JHIB:CIG:A6I:9ID8G:9>I ):I>C8G:6H:>C;6>GK6AJ:D;AD6CH6I;6>G K6AJ: *>C0; /DI6A8G:9>I G:A6I:98=6G<:H;DG;>H86AN:6G>C8G:6H:9 B>AA>DC DG 8DBE6G:9ID;>H86AN:6G /=: >C8G:6H:>CIDI6A8G:9>I G:A6I:98=6G<:HL6HEG>B6G>AN9G>K:C7N6C>C8G:6H:>CC:I8=6G<: D;;H>C;>H86AN:6G B6>CAN 8DC8:CIG6I:9>CI=:68JAIJG:6C98DBB:G8>6ACDC G:6A:HI6I:H:D /DI6A8G:9>I G:A6I:98=6G<:H;DG ;>H86AN:6G9:8G:6H:9 B>AA>DC DG 8DBE6G:9ID;>H86AN:6GEG>B6G>AN9G>K:C7N69:8G:6H:>CC:I8=6G<: D;;H E6GI>6AAND;;H:I7N=><=:G:ME:CH:H6HHD8>6I:9L>I=DI=:GG:EDHH:HH:9EGDE:GIN 0/*/5&3&45/$0.& /=:;DAADL>CCI:G:HI>C8DB:;DGI=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9

8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0? $>=8=C4A4BC8=2><4 .:GK>8:8=6G<:H6C9DI=:G;::H 2:6AI=B6C6<:B:CI;::H (DGI<6<:76C@>C<>C8DB: C:I ):IADHH<6>CDCH6A:D;H:8JG>I>:H *I=:G .J7IDI6A EGD9J8I6C9H:GK>8:;::H ):I>C8G:6H:9:8G:6H:>C;6>GK6AJ:D;AD6CH6I;6>GK6AJ: ):IG:6A>O:96C9JCG:6A>O:9ADHH<6>CDC9:G>K6I>K:H .J7IDI6A AD6CH6I;6>GK6AJ:6C9G:A6I:99:G>K6I>K:H /DI6ACDC>CI:G:HI>C8DB: *JGCDC>CI:G:HI>C8DB:>H8DBEG>H:9D;I=:K6G>DJH;::HL:8=6G<:DJG8JHIDB:GH;DGEGD9J8IH6C9H:GK>8:HL:EGDK>9: 6C9I=:>BE68ID;8=6C<:H>C;6>GK6AJ:D;AD6CH;DGL=>8=L:=6K::A:8I:9I=:;6>GK6AJ:IG:6IB:CI6C9G:6A>O:96C9JCG:6A>O:9 <6>CHADHH:HDCI=:G:A6I:9>CI:G:HIG6I:HL6EHL:JI>A>O:IDB6C6<:>CI:G:HIG6I:G>H@DCI=:H:AD6CH 2=>A:L:6G:G:FJ>G:9JC9:G 0 . "+IDEG:H:CI7DI=8DBEDC:CIHL>I=>CIDI6ACDC>CI:G:HI>C8DB: L:7:A>:K:>I>H=:AE;JAID6C6ANO:I=:ILD7GD69:G 8DBEDC:CIHD;CDC>CI:G:HI>C8DB:H:E6G6I:ANID7:II:GJC9:GHI6C9I=:JC9:GAN>CC:HH )DC>CI:G:HI>C8DB:L6H B>AA>DC;DG;>H86AN:6G 8DBE6G:9L>I= B>AA>DC;DG;>H86AN:6G 69:8G:6H: D; B>AA>DCDG L=>8=>C8G:6H:9 B>AA>DC DG ;GDB B>AA>DC;DG;>H86AN:6G .>;>86CI 8DBEDC:CIHD;CDC>CI:G:HI>C8DB:6G:9:H8G>7:9>C;JGI=:G9:I6>A7:ADL

#>;0A/@-:0&1>B5/111?2:G:8DO:9 B>AA>DCD;CDC>CI:G:HI>C8DB:G:A6I:9IDEGD9J8I6C9H:GK>8:;::H>C ;>H86AN:6G 69:8G:6H:D; B>AA>DC DG ;GDB B>AA>DC;DG;>H86AN:6G /=:9:8G:6H:L6H9J:ID6 B>AA>DC9:8G:6H:>CH:GK>8:H8=6G<:H6C9DI=:G;::H8DB7>C:9L>I=6 B>AA>DC9:8G:6H:>CDI=:G>C8DB: /=:9:8G:6H:>C H:GK>8:8=6G<:H6C9DI=:G;::HL6HEG>B6G>AN9J:IDI=:>BE68ID;69DEI>CI>DC688DJCI>CC;>H86A N:6G L=>8=G:HJAI:9>CC:II>CAA>DCD;8G:9>I6C99:7>I86G9C:ILDG@:ME:CH:H6<6>CHIG:A6I:9>CI:G8=6C<:>C8DB: 8DB7>C:9L>I=69:8G:6H:>CC:IDK:G9G6;I6C9CDC HJ;;>8>:CI;JC9H>C8DB: /=:9:8G:6H:>CDI=:G>C8DB:8DBE6G:9IDI=:EG>DG E:G>D9L6H9J:ID6DC: I>B:<6>CDCI=:H6A:D;1>H6 $C8 A6HH8DBBDCHID8@H=6G:H6C96H>K:9;GDB6 H:GK>8:EGDK>9:G>C;>H86AN:6G )DC>CI:G:HI>C8DB:G:A6I:9IDEGD9J8I6C9H:GK>8:;::H;DGI=:;>H86AN:6G9:8G:6H:9 B>AA>DC DG ;GDB B>AA>DC;DG;>H86AN:6G /=:9:8G:6H:L6HEG>B6G>AN6IIG>7JI67A:ID9:8G:6H:HD; B>AA>DC DG >CH:GK>8: 8=6G<:H6C9DI=:G;::H6C9 B>AA>DC DG >CBDGI<6<:76C@>C<>C8DB: E6GI>6AAND;;H:I7N6 B>AA>DC>C8G:6H: DG >CDI=:G>C8DB: /=:9:8G:6H:>CH:GK>8:8=6G<:H6C9DI=:G;::HG:;A:8IHI=:>BE68ID;I=: JG7>CB:C9B:CIA>B>IDC 9:7>I86G9>CI:G8=6C<:>C8DB:I=6I7:86B::;;:8I>K:>C%JAN /=:9:8G:6H:>CBDGI<6<:76C@>C<>C8DB:L6H9J:ID;:L:G AD6CHHDA99JG>CH86AN:6G L=>A:I=:>C8G:6H:>CDI=:G>C8DB:L6HEG>B6G>AN9G>K:C7N6<6>CDCI=:H6A:D;1>H6 $C8 A6HH 8DBBDCHID8@H=6G:H6C9I=:H>DJHAN ;-:?-@2-5>B-8A1-:0>18-@1001>5B-@5B1?H9>H8JHH:9>CSC6ANH>HD;!>C6C8>6ADC9>I>DCS :G>K6I>K:H 8=6C<:H >CI=:;6>GK6AJ:D;AD6CH;DGL=>8=L:=6K::A:8I:9I=:;6>GK6AJ:IG:6IB:CI6C9G:6A>O:96C9JCG:6A>O:9<6>CH6C9ADHH:HDCI=: G:A6I:99:G>K6I>K:H6G:G:8DO:9L>I=>CCDC>CI:G:HI>C8DB: !DG;>H86AN:6GH 6C9I=:H:>I:BH688DJCI:9;DG B>AA>DC B>AA>DC6C9 B>AA>DC G:HE:8I>K:AN /=:8=6C<:9JG>C<;>H86AN:6GL6H9G>K:C7N6 B>AA>DC G:9J8I>DC>CI=:8JGG:CI8DHID;>CI:G:HIG6I:HL6EH6C96 B>AA>DC>C8G:6H:>CHL6E;::H8DB7>C:9L>I=6C:IJC;6KDG67A: 8=6C<:>CI=:8G:9>IG>H@69?JHIB:CID; B>AA>DC /=:8=6C<:9JG>C<;>H86AN:6GL6H9G>K:C7N6 B>AA>DCG:9J8I>DC>C I=:8JGG:CI8DHID;>CI:G:HIG6I:HL6EH6C96 B>AA>DC>C8G:6H:>CHL6E;::H8DB7>C:9L>I=6C:I;6KDG67A:8=6C<:>CI=:8G:9>I G>H@69?JHIB:CID; B>AA>DC 2:7:A>:K:I=6II=:8JGG:CIG:6A>O:9ADHHDCI=:9:G>K6I>K:H:8DCDB>86AAND;;H:IHI=:>CI:G:HI >C8DB::6GC:9DCI=:G:A6I:9AD6CH 2:EG:H:CI:AH:L=:G:I=:69?JHI:9C:I>CI:G:HI>C8DB:6C969?JHI:9C:I>CI:G:HIB6G<>C G:;A:8I>C8HL:JH:IDB6C6<:I=:7JH>C:HH 0/*/5&3&4591&/4& /=:;DAADL>CCI:G:HI:ME:CH:;DG;>H86AN:6GH.:EI:B7:G 6C9

8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0? $>=8=C4A4BC4G?4=B4 .6A6G>:H6C9:BEADN::7:C:;>IH 6I6EGD8:HH>C<6C98DBBJC>86I>DC *88JE6C8N6C9:FJ>EB:CI +GD;:HH>DC6A;::H 9K:GI>H>C< ):IADHHDCG:EDHH:HH:9EGDE:GIN6C9DI=:GG:A6I:9:ME:CH:H 8FJ>H>I>DC:ME:CH:H S S *I=:G /DI6ACDC>CI:G:HI:ME:CH: )DC>CI:G:HI:ME:CH:L6H B>AA>DC;DG;>H86AN:6G8DBE6G:9L>I= B>AA>DC;DG;>H86AN:6G 6 9:8G:6H:D; B>AA>DC DG L=>8=L6H6C>C8G:6H:D; B>AA>DC DG 8DBE6G:9ID B>AA>DC>C;>H86AN:6G *JG:;;>8>:C8NG6I>DL6H ;DG;>H86AN:6G ;DG;>H86AN:6G6C9 ;DG;>H86AN:6G !DGBDG: >C;DGB6I>DCDCDJG:;;>8>:C8NG6I>D H::S)DC "+!>C6C8>6A(:6HJG:H6C9;DG6G:8DC8>A>6I>DCIDI=:BDHI9>G:8IAN 8DBE6G67A:"+;>C6C8>6AB:6HJG: H::$I:B .:A:8I:9!>C6C8>6A 6I6S)DC "+!>C6C8>6A(:6HJG:H-:8DC8>A>6I>DCH .>;>86CI8=6C<:H>C8DBEDC:CIHD;CDC>CI:G:HI:ME:CH:6G:9:H8G>7:9>C;JGI=:G9:I6>A7:ADL &-8->51?-:09<8;E111:125@? .6A6G>:H6C9:BEADN::7:C:;>IH6G:I=:A6G<:HI8DBEDC:CID;CDC>CI:G:HI:ME:CH:6C9 >C8AJ9:I=:8DHID;>C8:CI>K:8DBE:CH6I>DC HID8@8DBE:CH6I>DC 7:C:;>IEA6CH =:6AI=>CHJG6C8:6C9E6NGDAAI6M:H /=:H::ME:CH:H L:G: B>AA>DC;DG;>H86AN:6G 6C>C8G:6H:D; B>AA>DC DG ;GDB B>AA>DC;DG;>H86AN:6G /=: B6?DG>IND;I=:>C8G:6H:L6H9G>K:C7N6CCJ6AB:G>I>C8G:6H:HE6GI>6AAND;;H:I7N6G:9J8I>DC>C=:6AI=>CHJG6C8:8DHIH9JG>CD9 .6A6G>:H6C9:BEADN::7:C:;>IH;DG;>H86AN:6G>C8G:6H:9 B>AA>DC DG ;GDB B>AA>DC;DG;>H86AN:6G /=:B6?DG>IND;I=:>C8G:6H:L6H9G>K:C7NA>K>CC8G:6H:H>CG:HEDCH:ID;:9:G6AI6MG:;DGB6C96CCJ6AB:G>I >C8G:6H:H

-@-#>;/1??5:3-:0;99A:5/-@5;: 6I6EGD8:HH>C<6C98DBBJC>86I>DC:ME:CH:H>C8AJ9:E6NB:CIHIDK:C9DGHL=D EGDK>9:HD;IL6G: 96I6EGD8:HH>C< 6C9H:GK>8:HDC6CDJIHDJG8:976H>H 8DHIHG:A6I:9IDHJEEDGI>C<6C99:K:ADE>C<>CI:GC:I 76H:9 68I>K>I>:H 8G:9>I86G9G:L6G9HEGDK>9:9IDDJG8JHIDB:GH 9:EG:8>6I>DCD;76C@ DLC:9=6G9L6G:6C9HD;IL6G: EDHI6<:6C9 I:A:E=DC::ME:CH:H ME:CH:H;DG96I6EGD8:HH>C<6C98DBBJC>86I>DCL:G: B>AA>DC;DG;>H86AN:6G6C9 B>AA>DC ;DG;>H86AN:6G 69:8G:6H:D; B>AA>DC DG /=>H9:8G:6H:L6H9J:IDI=:>BE68ID;69DEI>CI>DCHI6C96G96H9>H8JHH:9>CCDC>CI:G:HI>C8DB:67DK: ME:CH:H;DG96I6EGD8:HH>C<6C98DBBJC>86I>DC;DG;>H86AN:6G >C8G:6H:9 B>AA>DC DG ;GDB B>AA>DC;DG;>H86AN:6G /=:>C8G:6H:L6H9G>K:CEG>B6G>AN7N6C:HI>B6I:9 7G:6@6<:8DHID;6C:M>HI>C<8DCIG68I "//A<-:/E-:0=A5<91:@ *88JE6C8N6C9:FJ>EB:CI:ME:CH:H>C8AJ9:DJG7G6C8=C:ILDG@6C969B>C>HIG6I>K:D;;>8: AD86I>DCHI=GDJ<=DJIDJG;DDIEG>CI >C8AJ9>C<7DI=DLC:96C9A:6H:9AD86I>DCH EGDE:GINI6M:H B6>CI:C6C8::ME:CH:6C9 9:EG:8>6I>DCD;76C@ DLC:9;JGC>IJG:6C9:FJ>EB:CI /=:H:8DHIHL:G: B>AA>DC;DG;>H86AN:6G6C9 B>AA>DC;DG ;>H86AN:6G 6C>C8G:6H:D; B>AA>DC DG ME:CH:H;DGD88JE6C8N6C9:FJ>EB:CI;DG;>H86AN:6G>C8G:6H:9 B>AA>DC DG ;GDB B>AA>DC;DG;>H86AN:6G /=:>C8G:6H:H>C;>H86AN:6GH6C9L:G:EG>B6G>AN9J:ID 6CCJ6A>C8G:6H:H>CG:CI JI>A>I>:H6C9EGDE:GINI6M:ME:CH:H #>;21??5;:-811? +GD;:HH>DC6A;::H>C8AJ9:DJG! $6C9!$*6HH:HHB:CIH I=:8DHID;688DJCI6CIH6C9DI=:G 8DCHJAI6CIH 6C9A:<6AH:GK>8:H>C8DCC:8I>DCL>I=9:A>CFJ:CIAD6CH 7JH>C:HHIG6CH68I>DCH G:6C8:B6II:GH6C9ID G:HDAK:DI=:GA:<6AB6II:GH /=:H::ME:CH:HL:G: B>AA>DC;DG;>H86AN:6G6C9 B>AA>DC;DG;>H86AN:6G 6 9:8G:6H:D; B>AA>DC DG ME:CH:H;DGEGD;:HH>DC6A;::H;DG;>H86AN:6G>C8G:6H:9 B>AA>DC DG ;GDB B>AA>DC;DG;>H86AN:6G +GD;:HH>DC6A;::H9:8G:6H:9>C;>H86AN:6G9J:IDI=:9>H8DCI>CJ6I>DCD;I=:HJG8=6G<:;DG 76C@HL>I=6HH:IH:M8::9>CAA>DC>CDJG! $6HH:HHB:CI6C9>C8G:6H:9>C;>H86AN:6G9J:ID6C>C8G:6H:>CDJG ! $6HH:HHB:CI6H6G:HJAID;:M8::9>C< 7>AA>DC>CIDI6A6HH:IH !1@ ;??;:%1<;??1??10#>;<1>@E-:0"@41>??1@? *JGC:IADHHDCI=:H6A:D;G:EDHH:HH:9EGDE:GIN6C9DI=:G6HH:IH L6H B>AA>DC;DG7DI=;>H86AN:6GH6C9 ):IADHHDCI=:H6A:D;G:EDHH:HH:9EGDE:GIN6C9DI=:G6HH:IH;DG;>H86AN:6G >C8G:6H:9 B>AA>DC DG ;GDB B>AA>DC;DG;>H86AN:6G /=:>C8G:6H:>C;>H86AN:6GL6HEG>B6G>AN9J: IDI=::ME:CH:HG:A6I:9IDI=:;DG:8ADHJG:D;6H>C *I=:GCDC>CI:G:HI:ME:CH:H>C8AJ9:8DHIHG:A6I:9IDDI=:GG:EDHH:HH:9EGDE:GIN8DHIHEG>DGID;DG:8ADHJG: 7JH>C:HH 9:K:ADEB:CI6C9EGD;:HH>DC6AB:B7:GH=>E;::H IG6K:A6C9:CI:GI6>CB:CI8DHIH 6BDGI>O6I>DCD;8DG:9:EDH>IH6C9DI=:G >CI6C<>7A:H 6C9DI=:G8DHIH>C8JGG:9 *I=:GCDC>CI:G:HI:ME:CH:HL:G: B>AA>DC>C;>H86AN:6G6C9 B>AA>DC>C;>H86A N:6G 6C>C8G:6H:D; B>AA>DC DG /=:>C8G:6H:L6HEG>B6G>AN9J:ID>C8G:6H:H>CAD6C:ME:CH:H *I=:GCDC>CI:G:HI :ME:CH:H;DG;>H86AN:6G>C8G:6H:9 B>AA>DC DG ;GDB B>AA>DC>C;>H86AN:6G /=:>C8G:6H:L6HEG>B6G>AN 9J:ID6C>C8G:6H:>CDI=:GG:EDHH:HH:9EGDE:GIN8DHIHEG>DGID;DG:8ADHJG: *JG:;;>8>:C8NG6I>DL6H 6C9 ;DGI=:;>H86AN:6GH 6C9 G:HE:8I>K:AN !DGBDG: >C;DGB6I>DCDCDJG:;;>8>:C8NG6I>D H::S)DC "+!>C6C8>6A(:6HJG:H6C9;DG6G:8DC8>A>6I>DCIDI=:BDHI9>G:8IAN 8DBE6G67A:"+;>C6C8>6AB:6HJG: H::$I:B .:A:8I:9!>C6C8>6A 6I6S)DC "+!>C6C8>6A(:6HJG:H-:8DC8>A>6I>DCH 307*4*0/'03/$0.&"9&4 /=:EGDK>H>DC;DG>C8DB:I6M:HK6G>:H9J:IDI=:6BDJCID;I6M67A:>C8DB: I=:>CK:HIB:CIH>CI6M 69K6CI6<:9H:8JG>I>:H 6C9I6M8G:9>I;JC9H6C9I=:G6I:H8=6G<:97N;:9:G6A6C9HI6I:6JI=DG>I>:H H6G:HJAID;I=:/6M-:;DGB8ID; L:BDK:9 ID6;JAANE=6H:9>CHI6IJIDGN;:9:G6AI6MG6I:D; >C;>H86AN:6GK:GHJH67A:C9:9HI6IJIDGN;:9:G6AG6I:D; >C;>H86A N:6G6C96HI6IJIDGN;:9:G6AG6I:D; >C;>H86AN:6G /=:EGDK>H>DC;DG>C8DB:I6M:HD; B>AA>DC>C;>H86AN:6G G:EG:H:CIH6C:;;:8I>K:I6MG6I:D; 8DBE6G:9ID B>AA>DCDG ;DG;>H86AN:6G6C9 B>AA>DCDG ;DG;>H86AN:6G M8AJ9>CDC6H6G:HJAID;I=:/6M-:;DGB8I I=::;;:8I>K:I6MG6I:L6H ;DG;>H86AN:6G &563/0/ 44&54"/%26*5: /=:I67A:7:ADLEG:H:CIHDJGG:IJGCDC6K:G6<:IDI6A6HH:IH G:IJGCDC6K:G6<:8DBBDC:FJ>IN6C9G:IJGCDC6K:G6<: I6C<>7A:8DBBDC:FJ>INID6K:G6<:6HH:IHG6I>D6I6C9;DGI=:96I:HEG:H:CI:9

8B20;/40AB=343)4?C4<14A -:IJGCDC6K:G6<:IDI6A6HH:IH -:IJGCDC6K:G6<:8DBBDC:FJ>IN -:IJGCDC6K:G6<:I6C<>7A:8DBBDC:FJ>INX 

 =0;HB8B>58=0=280;>=38C8>= /=:;DAADL>C<=A><=IH8:GI6>C@:N;>C6C8>6A6C9E:G;DGB6C8:>C;DGB6I>DC;DG;>H86AN:6GH:C9:9.:EI:B7:G 6C9

B>5)4?C4<14A 0;88->?5:@4;A?-:0? 0;0=24)744C0=3%C74A =5>A<0C8>= /DI6A6HH:IH 'D6CHX AADL6C8:;DGAD6C6C9A:6H:ADHH:H :EDH>IH .ID8@=DA9:GH:FJ>IN /6C<>7A:8DBBDC:FJ>INY />:G86E>I6AG6I>D /DI6A86E>I6AG6I>D />:GA:K:G6<:G6I>D DBBDC:FJ>INI>:GG6I>D /6C<>7A:8DBBDC:FJ>INI6C<>7A:6HH:IHY DD@K6AJ:E:GH=6G: "+ /6C<>7A:7DD@K6AJ:E:GH=6G:Y )DC688GJ6AAD6CHIDI6AAD6CH ):I8=6G<: D;;HG:8DK:G>:H6K:G6<:IDI6AAD6CH AADL6C8:;DGAD6C6C9A:6H:ADHH:HIDI6AAD6CH

'D6CH>C8AJ9:JCE6>9EG>C8>E6A76A6C8:C:ID;JC6BDGI>O:99>H8DJCIDC68FJ>G:9AD6CH6C9JC:6GC:9C:I9:;:GG:9;::H6C98DHIH6C9AD6CH>CEGD8:HH /=>H>H6CDC "+;>C6C8>6AB:6HJG:L:7:A>:K:>H=:AE;JAID>CI:GEG:I>CC6C8>6AG:HJAIH !DGBDG:>C;DGB6I>DCDCI=>HCDC "+;>C6C8>6AB:6HJG: H::S)DC "+ !>C6C8>6A(:6HJG:H6C9;DG6G:8DC8>A>6I>DCIDI=:BDHI9>G:8IAN8DBE6G67A:"+;>C6C8>6AB:6HJG: H::$I:B .:A:8I:9!>C6C8>6A 6I6S)DC "+!>C6C8>6A(:6HJG:H -:8DC8>A>6I>DCH *JGIDI6A6HH:IHL:G: 7>AA>DC6I.:EI:B7:G 8DBE6G:9L>I= 7>AA>DC6I.:EI:B7:G 6C9 7>AA>DC6I.:EI:B7:G /=:>C8G:6H:>CIDI6A6HH:IH;DG:68=D;I=:;>H86AN:6GH6C9L6HEG>B6G>AN 6IIG>7JI67A:IDCAD6CH6C9H:8JG>I>:H6K6>A67A:;DGH6A: E6GI>6AAND;;H:I7N6G:9J8I>DC>C86H=6C986H=:FJ>K6A:CIH 8DBE6G:9IDI=:EG>DGE:G>D9 I.:EI:B7:G AD6CHL:G: 7>AA>DC 6C>C8G:6H:D; B>AA>DC DG ;GDB 7>AA>DC6I .:EI:B7:G L=>8=>C8G:6H:9 B>AA>DC DG 8DBE6G:9ID 7>AA>DC6I.:EI:B7:G /=:B6?DG>IND; I=:H86AN:6GD88JGG:9>CI=:- H:D L=>8=AA>DC B6>CAN68GDHHI=: CDC DLC:GH:6AAND;;H:I7N6G:9J8I>DCD; B>AA>DC>CI=:68JAIJG:H:D /DI6A9:EDH>IHL:G: 7>AA>DC6I.:EI:B7:G 6C>C8G:6H:D; B>AA>DC DG ;GDB 7>AA>DC6I .:EI:B7:G L=>8=>C8G:6H:9 B>AA>DC DG ;GDB 7>AA>DC6I.:EI:B7:G )DC>CI:G:HI 7:6G>C< 9:EDH>IHL:G: 7>AA>DC 6 >C8G:6H:;DGI=:;>H86AN:6G6C9>CI:G:HI 7:6G>C<9:EDH>IHL:G: 7>AA>DC 6 >C8G:6H: ;DGI=:;>H86AN:6G !#'6C9DI=:G7DGGDL>CC8G:6H:9HA><=IAN7N B>AA>DC DG ;DGI=:;>H86AN:6G

 0"/035'0-*0 /=:;DAADL>CD7N86I:C9>86I:9

B>5)4?C4<14A 0;88->?5:@4;A?-:0? +=?083?A8=28?0;10;0=24 ><<4A280;A40;4BC0C4L *G><>C6I:9 8FJ>G:9 /DI6A 6A82D;CDA4L *G><>C6I:9 8FJ>G:9 /DI6A ><<4A280;=>=A40;4BC0C4L *G><>C6I:9 8FJ>G:9 /DI6A (4B834=C80;A40;4BC0C4 *G><>C6I:9 8FJ>G:9 /DI6A >=BD<4A *G><>C6I:9 8FJ>G:9 /DI6A %C74A;4=38=6 *G><>C6I:9 8FJ>G:9 SSS /DI6A /DI6ADG><>C6I:9 /DI6A68FJ>G:9 /DI6AJCE6>9EG>C8>E6A76A6C8: ':HH0C6BDGI>O:99>H8DJCIDC68FJ>G:9AD6CH ':HH0C:6GC:9C:I9:;:GG:9;::H6C98DHIH6C9AD6CH>CEGD8:HH /DI6AAD6CH AADL6C8:;DGAD6C6C9A:6H:ADHH:H 'D6CH C:I

0CE6>9EG>C8>E6A76A6C8:;DG8DBB:G8>6AG:6A:HI6I: 68JAIJG:6C98DBB:G8>6ACDC G:6A:HI6I:AD6CH>C8AJ9:H;6>GK6AJ:69?JHIB:CIH6HHD8>6I:9L>I=ADC< I:GB;>M:9 G6I:AD6CH L=:G:L:=6K::CI:G:9>CID>CI:G:HIG6I:HL6EHIDB6C6<:DJG>CI:G:HIG6I:G>H@ JG>CH86AN:6G:C9:9.:EI:B7:G IDI6AAD6CHAA>DC DG /=:B6G>AN ;D8JH:9>C- AD6CH L=>8=AA>DC DG E6GI>6AAND;;H:I7N68JAIJG:AD6CH L=>8=9:8G:6H:9 B>AA>DC DG *K:GI=:H6B:I>B:E:G>D9 8DBB:G8>6ACDC G:6A:HI6I: G:H>9:CI>6AG:6A:HI6I: 8DCHJB:G6C9DI=:GAD6C76A6C8:H G:B6>C:9<:C:G6AANHI67A: JG>CH86AN:6G:C9:9.:EI:B7:G IDI6AAD6CHAA>DC DG /=: B6G>AN;D8JH:9>C- AD6CH L=>8=AA>DC DG E6GI>6AAND;;H:I7NG:H>9:CI>6AG:6A:HI6I:AD6CH L=>8=9:8A>C:9 B>AA>DC DG *K:GI=:H6B:I>B:E:G>D9 68JAIJG: 8DBB:G8>6ACDC G:6A:HI6I: 8DCHJB:G6C9DI=:G AD6C76A6C8:HG:B6>C:9HI67A:

 /=:;DAADL>CHD;I=:JCE6>9EG>C8>E6A76A6C8:D;DJGAD6CEDGI;DA>D6I.:EI:B7:G 7N AD6C6C98DAA6I:G6AINE:6C97N:68=D;I=:H>MB6?DG<:D86G:6HL:JH:IDB6C6<:DJGB6G@:IH

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

)4?C4<14A 0;88->?5:@4;A?-:0? DCHIGJ8I>DC6C99:K:ADEB:CI *LC:G D88JE>:9- )DC DLC:G D88JE>:9- (JAI>;6B>ANG:H>9:CI>6AG:6A:HI6I: ><<4A280;A40;4BC0C4 8JAIJG:G:6A:HI6I: 8JAIJG:DE:G6I>C<<4A280;=>=A40;4BC0C4 #DB::FJ>INA>C:HD;8G:9>I ADH:9 :C9;>GHIA>:C ADH:9 :C9?JC>DGA>:C -:H>9:CI>6A8DCHIGJ8I>DC (4B834=C80;A40;4BC0C4 >=BD<4A %C74A /DI6AJCE6>9EG>C8>E6A76A6C8: ;991>/5-8%1-8?@-@1- >C8AJ9:HDLC:G D88JE>:9- CDC DLC:G D88JE>:9- 8DCHIGJ8I>DC6C99:K:ADEB:CI A:C9>C< 6C9BJAI> ;6B>ANG:H>9:CI>6AG:6A:HI6I: 2=>A:- A:C9>C<>H6H>;>86CI8DBEDC:CID;DJGDK:G6AAAD6CEDGI;DA>D L: 6G:8DBB>II:9IDB6C6<>CH@>:G8DCHIGJ8I>DC6C99:K:ADEB:CI9:6AHHE:8>;>86AAN 6C9ID- A:C9>C<>C <:C:G6A 7NI6G<:I>CDCH=>EHL>I=HDJC9B6C6<:B:CI6C9;>C6C8>6AHL=>8=6G:EG>8:9IDG:;A:8II=:6BDJCID;G>H@L:688:EI 6HI=:A:C9:G 3>5/A8@A>18JAIJG:AD6CH>C8AJ9:;6GBDE:G6I>CO:97N;6GBA6C9 88DG9>C86C6C@:GHHHD8>6I>DC 6I%JC: L:L:G:G6C@:9I=:H>MI= A6G<:HI;6GBA:C9:G76C@>CI=:0C>I:9.I6I:H B:6HJG:97NIDI6A9DAA6GKDAJB:D;;6GBAD6CH 2:8DCH>9:G68JAIJG:A:C9>CC<6G:6H 2:I6G<:I6 EDGI;DA>D8DBEDH>I>DC;DG68JAIJG:AD6CHCDIID:M8::9D;IDI6A86E>I6A688DG9>CH@EE:I>I:.I6I:B:CI6EEGDK:9 7NDJGD6G9D; >G:8IDGH 2>I=>CDJG68JAIJG:EDGI;DA>D AD6CH6G:9>K:GH>;>:968GDHH6L>9:G6C<:D;HJ7H:8IDGHL>I=I=: B6?DG>IND;I=:EDGI;DA>D8DC8:CIG6I:9L>I=>CK6G>DJHINE:HD;C A>K:HID8@6C996>GNEGD9J8IH 6C968GDHH9>;;:G:CI <:D86AH:I=>CDJG;DDIEG>CI *K:GG:8:CIN:6GH DJG7DGGDL:GH=6K::ME:G>:C8:9KDA6I>A:8DBBD9>INEG>8:H 9J:>C E6GIIDI=::;;:8IHD;G:8:CIAN>BEDH:96C9EGDEDH:9I6G>;;HDCI=::MEDGID;68JAIJG6AEGD9J8IH L6>K:GHD;I=:6BDJCID; :I=6CDAID7:7A:C9:9>CIDI=:8DJCIGNH<6HDA>C:EGD9J8I>DC6C9>HDA6I:96G:6HD;;ADD9>CI=>CE6GIHD;I=:(>9L:HI>CL=>8= 8:GI6>CD;DJG68JAIJG6A7DGGDL:GH8DC9J8II=:>GDE:G6I>DCH 2=>A:I=:H::K:CIH DG6;JGI=:G9DLCIJGC>CI=:68JAIJG: :8DCDBN 8DJA99>G:8IAN6C969K:GH:AN6;;:8IDJG68JAIJG6AAD6CEDGI;DA>D6C9>C9>G:8IAN6C969K:GH:AN>BE68IDI=:GA:C9>C<

86I::H>C8AJ9>C<8DBB:G8>6ACDC G:6A:HI6I: - G:H>9:CI>6AG:6A:HI6I:6C98DCHJB:G L:7:A>:K:I=:G:8DCI>CJ:HID INE>86AAN7:HIGDC8JAIJG:AD6CEDGI;DA>D ;991>/5-8!;:%1-8?@-@1DBB:G8>6ACDC G:6A:HI6I: DG7JH>C:HHA:C9>C< G:EG:H:CIHDC:D;DJG8DG:8DBE:I:C8>:H 2:7:A>:K:I=6IEGDK>9>C<6I6>ADG:9G6C<:D;>CI:8:H >C8AJ9>CC< IDHB6AA 6C9B:9>JB :CI:GEG>H: 8JHIDB:GH>HI=:7JH>C:HH6IL=>8=L::M8:A6C9I=GDJ<=L=>8=L:86C<:C:G6I:;6KDG67A:G:IJGCH;DGDJGHID8@=DA9:GH 2:D;;:G6 CJB7:GD;9>;;:G:CIEGD9J8IH>C8AJ9>CC<86E>I6A6C9DI=:GH=DGI:G I:GBA>C:HD;8G:9>I ;>M:9 G6I:AD6CH6C9K6G>67A:G6I: AD6CHL>I=>CI:G:HIG6I:HL6EHDK:G6L>9:G6C<:D;I:GBH 6C9K6G>67A: G6I:AD6CHL>I=K6GN>C9:CI>6AG:6A:HI6I:A:C9>CANG:6A:HI6I:8DCHIGJ8I>DCAD6CH 8ADH:9 :C9 ;>GHI A>:CBDGI<6<:HEG>B6G>ANH>CANADC< I:GB;>GHIBDGI<6<:HG:HJAI>C<;GDB68FJ>H>I>DCHD;DI=:G76C@H 8ADH:9 :C9 ?JC>DG A>:CBDGI<6<:H6C9# '*H *JG8ADH:9 :C9;>GHI A>:CBDGI<6<:H>C8AJ9:6HB6AAE:G8:CI6<:D;H>CAN;>GHI BDGI<6<:HI=6IL:DG><>C6I:6C99DCDIHJ7H:FJ:CIANH:AA>CIDI=:H:8DC96GNB6G@:I >C8AJ9>CCAN;>GHIBDGI<6<:DG><>C6I>DCH6G: HDA9>CIDI=:H:8DC96GNB6G@:I>CDG9:GIDB::IDJG>CI:G:HIG6I:G>H@B6C6<:B:CID7?:8I>K:H ;:?A91>*JG8DCHJB:GA:C9>CC<8DBEG>H:H6G:A6I>K:ANHB6AAEDGI>DCD;DJGIDI6AAD6CEDGI;DA>D 6C9 EG:9DB>C6CIANG:;A:8IHHB6AA 76A6C8:H:8JG:96C9JCH:8JG:9EGD9J8IHB6G@:I:97NDJG7G6C8=:H "@41> 1:05:3*I=:GA:C9>C<>C8AJ9:H6AADI=:GAD6CG:A6I>DCH=>EHI=6I9DCDI;>IL>I=>CI=:86I::H67DK: EG>B6G>AN 8DCHJB:G6C98DBB:G8>6A8G:9>I86G9H 8JHIDB:G9:EDH>I688DJCIDK:G9G6;IH 6C9A:6H:G:8:>K67A:H /=:;DAADL>CIN9>HIG>7JI>DCD;DJGAD6CEDGI;DA>D6HD;.:EI:B7:G /=:B6IJG>IN96I:H L:G:9:I:GB>C:976H:9DCI=:8DCIG68IJ6AB6IJG>IN96I:D;I=:AD6C

)4?C4<14A *7A>D67 /40A>A"4BB /40AB /40AB *>C0; 0;88->?5:@4;A?-:0? #0CDA8CH38BCA81DC8>= DBB:G8>6AG:6A:HI6I: 8JAIJG: DBB:G8>6ACDC G:6A:HI6I: -:H>9:CI>6AG:6A:HI6I: DCHJB:G *I=:GA:C9>C< S S /DI6A /=:;DAADL>CHIG>7JI>DC 6HD;.:EI:B7:G D;DJGAD6CHI=6IL:G:9J:6;I:GDC:N:6G 7:IL::C;>M:96C9K6G>67A:>CI:G:HIG6I:H

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

 /=:;DAADL>CD9>C9>86I:9

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

 $C8AJ9:HCDCE:G;DGB>CC<68=>C8AJ9:HCDCE:G;DGB>C

I.:EI:B7:G DJGCDCE:G;DGB>C<6HH:IHL:G: D;IDI6A6HH:IH 8DBE6G:9ID 6I.:EI:B7:G /DI6ACDC688GJ6AAD6CH9:8G:6H:97N B>AA>DC DG 8DBE6G:9ID.:EI:B7:G L=>8=>C8G:6H:9 B>AA>DC DG 8DBE6G:9ID.:EI:B7:G /=:9:8G:6H:>CCDC688GJ6AAD6CH>C;>H86AN:6GL6HEG>B6G>AN9G>K:C7NDJG;D8JH DC:M>I>CC6AA86I::HL>I=6=><=:GG>H@EGD;>A: /=:>C8G:6H:>CCDC688GJ6AAD6CH;DG;>H86AN:6GL6HEG>B6G>AN 9G>K:C7NI=:9:I:G>DG6I>DCD;6G:A6I>DCH=>E>CI=:- EDGI;DA>DI=6I=6H7::C8ADH:ANBDC>IDG:9;DG6CJB7:GD;FJ6GI:GH E6GI>6AAND;;H:I7N>BEGDK:B:CIH>CI=:8DBB:G8>6ACDC G:6A:HI6I:EDGI;DA>D 2:G:8DO:96EEGDM>B6I:AN B>AA>DCD;>CI:G:HI>C8DB:DCAD6CHI=6IL:G:DCCDC688GJ6A;DGI=:;>H86AN:6G:C9:9 M8AJ9>CC<6CI 6K:G6<:D; B>AA>DCDJIHI6C9>C<9JG>C<;>H86AN:6G 6H:9DCI=:6K:G6<:AD6CEDGI;DA>DN>:A9;DGI=:H:AD6CH;DGI=: 8JGG:CI;>H86AN:6G L::HI>B6I:I=6I>CI:G:HI>C8DB:LDJA9=6K:7::C B>AA>DC=><=:G9JG>CD9=69I=:H:AD6CH7::C 688GJ>C< 2:8DCH>HI:CIANBDC>IDG6AAAD6CH>CI:GC6AANG6I:9L6I8=DGLDGH:7:86JH:I=6IG6I>C<>C9>86I:HL:=6K:>9:CI>;>:9HDB: EDI:CI>6AL:6@C:HH:B:G<>C<7JIAD6CHG6I:9L6I8=L>AACDIC:8:HH6G>AN7:8DB:EGD7A:BAD6CHDG7:8DB:>BE6>G:9 H>9:;GDB I=:AD6CHDCI=:L6I8=A>HI L:9DCDI7:A>:K:L:=6K:6CNEDI:CI>6AEGD7A:BAD6CHI=6I6G:CDI6AG:69N>9:CI>;>:96HCDC688GJ6A E6HI9J:DGG:HIGJ8IJG:96H>I>HDJGEDA>8NIDEGDBEIANG:8A6HH>;NAD6CH6HHDDC6HL:7:8DB:6L6G:D;9DJ7IH6HIDI=:7DGGDL:GHV 67>A>INIDB::IG:E6NB:CII:GBH 2=:CL:DCHID7DGGDL:GHI=6IL:LDJA9CDIDI=:GL>H:;CDI;DGI=:7DGGDL:GHV;>C6C8>6A 9>;;>8JAI>:H HJ8=6HG:9J8:9>CI:G:HIG6I:HDG:MI:CH>DCHD;AD6CE:G>D9H L:8DCH>9:GI=:H:BD9>;>86I>DCH/ -H /=:I67A:7:ADLDJIA>C:HIDI6A/ -H HEA>I7:IL::C688GJ>C<6C9CDC688GJ>CC9>86I:9

8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0? ><<4A280;A40;4BC0C4 +:G;DGB>CCCC<<4A280;=>=A40;4BC0C4 +:G;DGB>CCCC=BD<4A +:G;DGB>CCCCCC8G:6H:9 B>AA>DC DG 8DBE6G:9ID.:EI:B7:G L=>8=9:8G:6H:9 B>AA>DC DG 8DBE6G:9ID.:EI:B7:G +:G;DGB>CC8G:6H:9;GDB.:EI:B7:G EG>B6G>AN9J:IDDC:A6G<:G:A6I>DCH=>E>CI=:8DBB:G8>6AG:6A:HI6I:H:D +:G;DGB>CB6G>AN9J:ID6A6G<:G:A6I>DCH=>E>CI=:68JAIJG:EDGI;DA>DI=6IIG6CH;:GG:9;GDB E:G;DGB>CCCAA>DC DG 8DBE6G:9ID.:EI:B7:G L=>8=>C8G:6H:9 B>AA>DC DG 8DBE6G:9ID.:EI:B7:G )DCE:G;DGB>CCAN9J:IDILDA6G<:G:A6I>DCH=>EH>CI=:68JAIJG:EDGI;DA>D DC: I=6IBDK:9>CIDDI=:GG:EDHH:HH:9EGDE:GIN6C9DC:I=6IE6>9D;; )DCE:G;DGB>CC8G:6H:9;GDB.:EI:B7:G B6>CAN9J:IDI=:A6G<:G:A6I>DCH=>E>CI=:68JAIJG:EDGI;DA>DI=6IBDK:9IDCDCE:G;DGB>C

 /=:;DAADL>CC>CC<6C>CC<6C>C< ! $ADHH H=6G>C<6C>CC< 6D9HEG:H:CI:9

C0=35>A8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0? BB4CB2>E4A431H0 ;>BBB70A8=606A44<4=C )DC688GJ6AAD6CHX / -H *I=:GG:EDHH:HH:9EGDE:GIN S S ;;>F0=245>A;>0=0=3;40B4;>BB4B;>0=B2>E4A431H0 ;>BB B70A8=606A44<4=C 6A6C8: 7:<>CC>CD9 99>I>DC6A>BE6>GB:CIG:8DG9:9 S -:8DJEB:CID;EG:K>DJHAN G:8DG9:9>BE6>GB:CI =6G<: D;;H S ME>G6I>DCD;ADHH H=6G>C<6GG6C<:B:CI S S S S 6A6C8: :C9D;E:G>D9 %C74AA4?>BB4BB43?A>?4ACH2>E4A431H0;>BBB70A8=606A44<4=C 6A6C8: 7:<>CC>CD9 S 99>I>DCHIDDI=:GG:EDHH:HH:9EGDE:GIN S 16AJ6I>DC69?JHIB:CIH6C9DI=:G S S S .6A:H S ME>G6I>DCD;ADHH H=6G>C<6D9 S S

$C8AJ9:HCDCE:G;DGB>CH=6C6AADL6C8:;DGI=:>C=:G:CIG>H@D;EGD767A:ADHH:HL>I=>CDJGAD6CEDGI;DA>D /=:6AADL6C8:;DGAD6C6C9 A:6H:ADHH:H>HB6C6<:B:CIVH7:HI:HI>B6I:D;EGD767A:8G:9>IADHH:HI=6I6G:>C8JGG:9>CI=:AD6CEDGI;DA>D 2:9:I:GB>C:I=: 6AADL6C8:;DGAD6C6C9A:6H:ADHH:H76H:9DC6CDCC<:K6AJ6I>DC 9G>K:CEG>B6G>AN7NBDC>IDG>C<8=6C<:H>CAD6CG>H@CFJ:C8>:H6C9DI=:G8G:9>IG>H@>C9>86IDGH L=>8=>H6C>C=:G:CIANHJ7?:8I>K:EGD8:HH 2:8DCH>9:GI=:JC8:GI6>CING:A6I:9ID 8:GI6>C>C9JHIGNH:8IDGH6C9I=::MI:CID;8G:9>I:MEDHJG:IDHE:8>;>87DGGDL:GHL>I=>CI=:EDGI;DA>D $C699>I>DC L:8DCH>9:G 8DC8:CIG6I>DCG>H@H6HHD8>6I:9L>I=I=:K6G>DJHAD6CEDGI;DA>DH6C98JGG:CI:8DCDB>88DC9>I>DCHI=6IB><=I>BE68II=:EDGI;DA>D AAD;I=:H::HI>B6I:H6G:HJH8:EI>7A:IDH>;>86CI8=6C<: =6C<:HIDI=:6AADL6C8:;DGAD6C6C9A:6H:ADHH:H6G:B69:7N 8=6G<:HIDI=:EGDK>H>DC;DGAD6C6C9A:6H:ADHH:H 'D6CH9::B:9ID7:JC8DAA:8I>7A:6G:8=6G<:9D;;6<6>CHII=:6AADL6C8:;DGAD6C 6C9A:6H:ADHH:H -:8DK:G>:HD;6BDJCIHEG:K>DJHAN8=6G<:9 D;;6G:8G:9>I:9IDI=:6AADL6C8:;DGAD6C6C9A:6H:ADHH:H *JG6AADL6C8:;DGAD6C6C9A:6H:ADHH:H8DCH>HIHD;ILD8DBEDC:CIH !DGCDC >BE6>G:9AD6CH L:86A8JA6I:6L:><=I:9 6K:G6<:ADHHG6I>DD; 6C9 BDCI==>HIDG>86AG:6A>O:9ADHH:H7N8DAA6I:G6AINE:69?JHI6HC:8:HH6GN;DGDJG>CI:GEG:I6I>DC D;8JGG:CI:8DCDB>88DC9>I>DCH :CK>GDCB:CI6A;68IDGH6C98JGG:CIEDGI;DA>DIG:C9H>C8AJ9>C<8G:9>IFJ6A>IN 8DC8:CIG6I>DCH 6<>C< D;I=:EDGI;DA>D6C9DGH>;>86CIEDA>8N6C9JC9:GLG>I>C<8=6C<:HCDI:CI>G:AN8DK:G:97NI=:86A8JA6I:9=>HIDG>86AADHHG6I:H6C9 6EEANI=:ADHHG6I:HIDDJIHI6C9>CC:68=8DAA6I:G6A86I:<=I:96K:G6<:G6I>DD; 6C9 BDCI==>HIDG>86AG:6A>O:9ADHH:H;DG:68=8DAA6I:G6AINE:7N9>K>9>CCDC;DG:68=D;I=: 6C9 BDCI=E:G>D9H I=:C6K:G6<>CBE6>G:9AD6CH L::HI>B6I:DJG:MEDHJG:;DG:68=>C9>K>9J6AG:A6I>DCH=>E <>K:CI=:8JGG:CIE6NB:CIHI6IJHD;I=:AD6C 6C9I=:K6AJ:D;I=:JC9:GAN>C<8DAA6I:G6A6HHJEEDGI:97NI=>G9E6GIN6EEG6>H6AH 7GD@:GVHEG>8:DE>C>DCH 6C9DGI=:7DGGDL:GVH ;>C6C8>6AHI6I:B:CIH6C9>CI:GC6AK6AJ6I>DC6HH:HHB:CIH :68=69?JHI:9;DGA>FJ>96I>DC8DHIH CNH=DGI;6AA7:IL::CI=:A>FJ>96I>DC K6AJ:D;I=:JC9:GAN>C<8DAA6I:G6A6C9I=:G:8DG9:9>CK:HIB:CIK6AJ:D;I=:AD6C>H8DCH>9:G:9I=:G:FJ>G:9HE:8>;>8G:H:GK: 6BDJCI 8IJ6AADHH:H>C6CNE:G>D9B6N:M8::96AADL6C8:6BDJCIH 2::K6AJ6I:6C969?JHIDJG6AADL6C8:;DGAD6C6C9A:6H: ADHH:H 6C9I=:6AAD86I>DCD;I=:6AADL6C8:7:IL::CAD6C86I::H :68=BDCI=

 /=:;DAADL>CHD;DJG6AADL6C8:;DGAD6C6C9A:6H:ADHH:H >C8AJ9>CH>DCH;DGAD6C6C9 A:6H:ADHH:H 8=6G<: D;;H6C9G:8DK:G>:H ;DGI=:E:G>D9H>C9>86I:9

C0=35>A8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0? ;;>F0=245>A;>0=0=3;40B4;>BB4B 6A6C8: 7:<>CC>CD9 +GDK>H>DC8=6G<:9ID:ME:CH: $BEGDK:B:CI>BE6>GB:CID;. AD6CH =6G<: D;;H DBB:G8>6AG:6A:HI6I: 8JAIJG: DBB:G8>6ACDC G:6A:HI6I: -:H>9:CI>6AG:6A:HI6I: DCHJB:G *I=:GA:C9>C< /DI6A8=6G<: D;;H -:8DK:G>:H DBB:G8>6AG:6A:HI6I: 8JAIJG: DBB:G8>6ACDC G:6A:HI6I: -:H>9:CI>6AG:6A:HI6I: DCHJB:G *I=:GA:C9>C< /DI6AG:8DK:G>:H ):IAD6C8=6G<: D;;H 6A6C8: :C9D;E:G>D9 K:G6<:IDI6AAD6CH;DGI=:E:G>D9X /DI6AAD6CH6IE:G>D9:C9X (0C8>B ):I8=6G<: D;;HG:8DK:G>:H6K:G6<:IDI6AAD6CH AADL6C8:;DGAD6C6C9A:6H:ADHH:HID /DI6AAD6CH )DC688GJ>C

'D6CH>C8AJ9:JCE6>9EG>C8>E6A76A6C8:C:ID;JC6BDGI>O:99>H8DJCIDC68FJ>G:9AD6CH6C9JC:6GC:9C:I9:;:GG:9;::H6C98DHIH6C9AD6CH>CEGD8:HH )DC688GJ>CC<6H86AN:6G L:G:8DG9:9C:I8=6G<: D;;HD; B>AA>DC G:EG:H:CI>C< D;6K:G6<:IDI6AAD6CH 6C 76H>HED>CI>C8G:6H:8DBE6G:9ID D;6K:G6<:IDI6AAD6CH;DG;>H86AN:6G /=:>C8G:6H:>CC:I8=6G<: D;;H>C;>H86AN:6G L6HEG>B6G>AN9G>K:C7NC:I8=6G<: D;;H>CI=:68JAIJG:H:D L=>8=>C8AJ9:9 B>AA>DCD;C:I 8=6G<: D;;HG:A6I:9IDI=:86IIA:>C9JHIGN 6C9 B>AA>DCD;C:I8=6G<: D;;HG:A6I:9IDI=:8DBB:G8>6ACDC G:6A:HI6I:H:D I.:EI:B7:G I=:6AADL6C8:;DGAD6C6C9A:6H:ADHH:HL6H D;DJGIDI6AAD6CEDGI;DA>D 676H>HED>CI >C8G:6H:8DBE6G:9L>I= 6I.:EI:B7:G /=:76A6C8:D;I=:'''>C8G:6H:9;GDB B>AA>DCID B>AA>DC DK:GI=:H6B:E:G>D9 99>I>DC6AAN 6EDGI>DCD;DJGAD6CHL=>8=6G:86GG>:96I;6>GK6AJ: IDI6A>CAA>DC6C9 B>AA>DC6I .:EI:B7:G 6C9 G:HE:8I>K:AN =6K:CD6HHD8>6I:96AADL6C8:;DGAD6C6C9A:6H:ADHH:H 7JIG6I=:G=6K:6;6>GK6AJ: 69?JHIB:CIG:A6I:9ID8G:9>IG>H@>C8AJ9:9L>I=>CI=:>G86GGN>CK>CDD;6AADL6C8:;DGAD6C6C9A:6H: ADHH:HIDIDI6AAD6CHADL:G /=:6BDJCID;;6>GK6AJ:69?JHIB:CIG:A6I:9ID8G:9>IG>H@DCI=:H:AD6CHL6H B>AA>DC6C9 B>AA>DC6I.:EI:B7:G 6C9 G:HE:8I>K:AN IG6CHA6I>CI>DC6A 6C9 D;IDI6AAD6CH6I .:EI:B7:G 6C9 G:HE:8I>K:AN !>C6AAN I=:IDI6AEJG8=6H:9>H8DJCIG:B6>C>CG:9AD6CH:FJ6I:HID 6C9 D;IDI6AAD6CH6I.:EI:B7:G 6C9 G:HE:8I>K:AN

 /=:;DAADL>CDCD;I=:6AADL6C8:;DGAD6C6C9A:6H:ADHH:H7NAD6C86I:C 7DI=9DAA6GH6C9E:G8:CI6<:D;DJGIDI6A6AADL6C8:;DGAD6C6C9A:6H:ADHH:H IDHE:8>;>8AD6CH>CI=DH:86I::H6II=:96I:H >C9>86I:9

)4?C4<14A 0;88->?5:@4;A?-:0? ;;>20C8>=>50;;>F0=245>A;>0=0=3;40B4;>BB4B DBB:G8>6AG:6A:HI6I: 8JAIJG: DBB:G8>6ACDC G:6A:HI6I: -:H>9:CI>6AG:6A:HI6I: DCHJB:G *I=:GA:C9>C< /DI6A

)4?C4<14A ;;>20C8>=>50;;>F0=245>A;>0=0=3;40B4;>BB4B DBB:G8>6AG:6A:HI6I: 8JAIJG: DBB:G8>6ACDC G:6A:HI6I: -:H>9:CI>6AG:6A:HI6I: DCHJB:G *I=:GA:C9>C< /DI6A (6C6<:B:CIL>AA8DCI>CJ:ID:K6AJ6I:I=:AD6CEDGI;DA>D6C96HH:HH:8DCDB>88DC9>I>DCH>CDG9:GID9:I:GB>C:;JIJG: 6AADL6C8:A:K:AH6C9I=:6BDJCID;AD6C6C9A:6H:ADHHEGDK>H>DCH 2:G:K>:LI=:6EEGDEG>6I:C:HHD;DJG6AADL6C8:;DGAD6C6C9 A:6H:ADHH:HDC6BDCI=AN76H>H (6C6<:B:CIBDC>IDGH8ADH:AN6AAE6HI9J:6C9G:HIGJ8IJG:9AD6CH>C6HH:HH>C6I:C:HH D;>IH6AADL6C8:;DGAD6C6C9A:6H:ADHH:H $C699>I>DC L:;DAADLEGD8:9JG:H;DGG:K>:L>C<6C9C<6AAHJ7HI6CI>6A8DBB:G8>6A 6C968JAIJG:G:A6I>DCH=>EH6IA:6HI6CCJ6AAN 6H:9EG:9DB>C6CIANJEDCI=:G:K>:L6C9CC:I=: 6EEGDEG>6I:A:K:AD;I=:6AADL6C8:>CG:HEDCH:IDDJG6HH:HHB:CID;I=:EGD767A:G>H@D;ADHH>C=:G:CI>CDJGAD6CEDGI;DA>D (6C6<:B:CIB6@:H699>I>DC6AAD6C6C9A:6H:ADHHEGDK>H>DCHL=:CI=:G:HJAIHD;DJGEGD7A:BAD6C6HH:HHB:CIB:I=D9DADC6I:C:HH>C9>86I:H699>I>DC6AEGDK>H>DCH6G:G:FJ>G:9 /=:G:K>:LD;EGD7A:BAD6CH>H6CDCCC8=B6C6<:B:CIB6N9:I:GB>C:I=6I699>I>DC6A8=6G<: D;;H 6G:G:FJ>G:9DG699>I>DC6AAD6CHH=DJA97:EA68:9DCCDC688GJ6AHI6IJH 2:=6K:6AHDG:8DG9:96C6AADL6C8:;DGJC;JC9:9A:C9>C< G:A6I:98DBB>IB:CIHI=6IG:EG:H:CIHDJG:HI>B6I:D;>C8JGG:9ADHH:HDCI=:EDGI>DCD;A:C9>C<8DBB>IB:CIHI=6I7DGGDL:GH=6K: CDI69K6C8:9 /=:76A6C8:D;I=:6AADL6C8:;DGJC;JC9:9A:C9>C< G:A6I:98DBB>IB:CIHL6H B>AA>DC6I7DI=.:EI:B7:G 6C9.:EI:B7:G 6C9>HG:8DG9:9>C688GJ:9:ME:CH:H6C9DI=:GA>67>A>I>:H>CI=:8DCHDA>96I:976A6C8:H=::I /7&45.&/5&$63*5*&4 /=:;DAADL>CO:98DHID;:68=86I:CK:HIB:CIEDGI;DA>D6II=:96I:H>C9>86I:9

)4?C4<14A 0;88->?5:@4;A?-:0? 0 . /G:6HJGNH:8JG>I>:H (DGI<6<: 768@:9H:8JG>I>:H "DK:GCB:CI)6I>DC6A(DGI<6<:HHD8>6I>DC !:9:G6A#DB:'D6C(DGI<6<:DGEDG6I>DC !:9:G6A)6I>DC6A(DGI<6<:HHD8>6I>DC .B6AAJH>C:HHHH>HI6C8:+GDI>86AHJ79>K>H>DCH:8JG>I>:H *I=:G /DI6A 2:<:C:G6AAN>CK:HI:M8:HH9:EDH>IH>C=><= FJ6A>IN A>FJ>9>CK:HIB:CIH:8JG>I>:H>C8AJ9>C9:CI>6A6<:C8NBDGI<6<: 768@:9H:8JG>I>:H6C9 ID6A:HH:G:MI:CI 0 . /G:6HJGNH:8JG>I>:H 8DGEDG6I:9:7IH:8JG>I>:H6C9H:8JG>I>:H>HHJ:97N0 . HI6I:H6C9

EDA>I>86AHJ79>K>H>DCH *JG>CK:HIB:CIEDGI;DA>DH:GK:H6H6B:6CHID8DAA6I:G6A>O:!#'7DGGDL>C8;JC9H9:EDH>IH ID :6GCC:IHEG:69>C8DB:DC:M8:HH9:EDH>IH6C9IDB6>CI6>CA>FJ>9>IN6C976A6C8:>CI:G:HIG6I:G>H@ .>C8:.:EI:B7:G I=: ;6>GK6AJ:D;I=:EDGI;DA>D=6H>C8G:6H:97N B>AA>DC DG /=:;DAADL>CO:98DHID;:68=>CK:HIB:CI86I:CK:HIB:CIEDGI;DA>D6C9 I=:L:><=I:96K:G6<:N>:A92N>:A9;DG:68=>CK:HIB:CI86I:INE:G>D96I.:EI:B7:G (6IJG>I>:H D;BDGI<6<: 768@:9H:8JG>I>:HB6N9>;;:G;GDB8DCIG68IJ6AB6IJG>I>:H7:86JH:I=:BDGI<6<:HJC9:GAN>CI>:HB6N7: 86AA:9DGEG:E6>9L>I=DJI6CNE:C6AI>:H /=:2N>:A9DCI=:H:6HH:IH>HEG:H:CI:97:ADL76H:9DCI=:8DCIG68IJ6AG6I: 6HDEEDH:9 ID6I6M:FJ>K6A:CIN>:A98DC8:EI

)4?C4<14A )42DA8C84BF8C7>DC D48=>=4H40A D405C4A>=4H40A D405C4A58E4H40AB D405C4A #>AC6064102:43 2>=CA02CD0; >A;4BB C7A>D6758E4H40AB C7A>D67C4=H40AB C4=H40AB B42DA8C84B <0CDA8C84B *>C0; - - - - - - - <>D=C /84;3 <>D=C /84;3 <>D=C /84;3 <>D=C /84;3 <>D=C /84;3 <>D=C /84;3 <>D=C /84;3 0;88->?5:@4;A?-:0? 0 . /G:6HJGNH:8JG>I>:H S S S S S S S S (DGI<6<: 768@:9 H:8JG>I>:H S S S S S S S S S S .I6I:H6C9EDA>I>86A HJ79>K>H>DCH:8JG>I>:HXY S S S S S S *I=:G S S S S S S S S S S S S /DI6A S S S

$C;DGB6I>DCG:A6I:9IDD7A><6I>DCHD;HI6I:6C9EDA>I>86AHJ79>K>H>DCH>HEG:H:CI:976H:9JEDCN>:A9ID;>GHIDEI>DC6A86AA96I:>;I=:H:8JG>IN>HEJG8=6H:96I6EG:B>JB N>:A9IDB6IJG>IN>;EJG8=6H:96IE6GDG6 9>H8DJCI (6IJG>IN86A8JA6I>DCH;DGD7A><6I>DCHD;HI6I:6C9EDA>I>86AHJ79>K>H>DCH6G:76H:9DCI=:;>GHIDEI>DC6A86AA96I:;DGH:8JG>I>:HL>I=6;6>GK6AJ:67DK:E6G6C98DCIG68IJ6AB6IJG>IN;DGH:8JG>I>:HL>I=6;6>GK6AJ: :FJ6AIDDG7:ADLE6G :8A>C:H>CI=:;6>GK6AJ:D;>CK:HIB:CIH:8JG>I>:H6K6>A67A:;DGH6A:I=6I6G:9::B:9ID7:DI=:G I=6C I:BEDG6GN6G: G:8DO:9>C:6GC>CO:9ADHH 6C96C:L8DHI76H>H;DGI=:H:8JG>I>:H>H:HI67A>H=:9 $C:K6AJ6I>CBE6>GB:CI L:8DCH>9:GI=:A:CB:6C9:MI:CIIDL=>8=I=:;6>GK6AJ:=6H7::CA:HHI=6C6BDGI>O:98DHI I=:;>C6C8>6A 8DC9>I>DC6C9C:6G I:GBEGDHE:8IHD;I=:>HHJ:G 6C9DJG>CI:CI6C967>A>INIDG:I6>C>IH>CK:HIB:CI>CI=:>HHJ:G;DG6E:G>D9D;I>B: HJ;;>8>:CIID6AADL;DG6CN6CI>8>E6I:9G:8DK:GN>C;6>GK6AJ:>CI=:C:6GI:GB :8A>C:H>CI=:;6>GK6AJ:D;9:7IH:8JG>I>:H7:ADL 6BDGI>O:98DHI6G:9::B:9ID7:DI=:G I=6C I:BEDG6GN>C8>G8JBHI6C8:HL=:G:L:=6K:I=:>CI:CIIDH:AA6H:8JG>IN>I>H BDG: A>@:AN I=6C CDII=6IL:L>AA7:G:FJ>G:9IDH:AAI=:H:8JG>IN7:;DG:G:8DK:GND;>IH6BDGI>O:98DHI76H>HDGL:9DCDI :ME:8IIDG:8DK:GI=::CI>G:6BDGI>O:98DHI76H>HD;I=:H:8JG>IN $;L:>CI:C9IDH:AA6H:8JG>INDG>;>I>HBDG: A>@:AN I=6C CDII=6I L:L>AA7:G:FJ>G:9IDH:AAI=:H:8JG>IN7:;DG:G:8DK:GN 6CDI=:G I=6C I:BEDG6GN>BE6>GB:CIADHH>HG:8DO:9>C:6GC>C;;:G:C8:7:IL::CI=:H:8JG>INVH6BDGI>O:98DHI76H>H6C9>IH;6>GK6AJ: $;L:9DCDI>CI:C9IDH:AAI=:H:8JG>INDG>I>HCDI BDG: A>@:AN I=6C CDII=6I>IL>AA7:G:FJ>G:9IDH:AAI=:H:8JG>IN7:;DG:G:8DK:GN I=:DI=:G I=6C I:BEDG6GN>BE6>GB:CILG>I: 9DLC >HH:E6G6I:9>CID6C6BDJCIG:EG:H:CI>C<8G:9>IADHH L=>8=>HG:8DO:9>C:6GC>C8=>HG:8DO:9>CDI=:G8DBEG:=:CH>K:>C8DB:ADHH &104*54 2:D7I6>C;JC9H;GDB9:EDH>IDGH7ND;;:G>C<8DCHJB:G6C97JH>C:HH>CI:G:HI 7:6G>C<688DJCIH6C9I:GBI>B:9:EDH>IH I .:EI:B7:G 6C9.:EI:B7:G DJGIDI6A9:EDH>IHL:G: 7>AA>DC6C9 7>AA>DC G:HE:8I>K:AN G:EG:H:CI>C< 6C>C8G:6H:D; L=>8=L6HEG>B6G>ANHEG:6968GDHH7GD@:G:99:EDH>IH 8DCHJB:G6C98DBB:G8>6A9:EDH>I688DJCIH *JG 688DJCIH6G:;:9:G6AAN>CHJG:97NI=:! $JEIDI=:A:<6AB6M>BJB /=:;DAADL>C<=I:96K:G6<:8DHID;DJG9:EDH>IEDGI;DA>D6II=:;DAADL>C<96I:H

)4?C4<14A -4867C43E6 -4867C43E6 -4867C43E6 <>D=C >BC <>D=C >BC <>D=C >BC 0;88->?5:@4;A?-:0? )DC>CI:G:HI 7:6G>C<9:B6C9 S S S $CI:G:HI 7:6G>C<9:B6C9 />B:9:EDH>IH B:9:EDH>IH A:HHI=6CDG:FJ6AID /DI6A I.:EI:B7:G 6C9 L:=69 B>AA>DC6C9 B>AA>DC G:HE:8I>K:AN >C7GD@:G:99:EDH>IH H6 G:HJAID;I=:E6HH6<:D;I=: 8DCDB>8"GDLI= -::;6C9DCHJB:G+GDI:8I>DC8I>C(6N BDHIG:8>EGD86A 9:EDH>IH6G:CDADC<:GIG:6I:96H7GD@:G:99:EDH>IH6C96G:CDL>C8AJ9:9L>I=8DG:8DBB:G8>6A9:EDH>IH

(JC>8>E6AEJ7A>89:EDH>IH8DCHI>IJI:9 7>AA>DC6C9 B>AA>DCD;DJG9:EDH>IEDGI;DA>D6I.:EI:B7:G 6C9.:EI:B7:G G:HE:8I>K:AN D;L=>8= B>AA>DC6C9 B>AA>DC G:HE:8I>K:AN L:G:G:FJ>G:9ID7: 8DAA6I:G6A>O:9 *JGIDE9:EDH>IDGHL:G:G:HEDCH>7A:;DG 6C9 D;DJGIDI6A9:EDH>IH6I.:EI:B7:G 6C9 .:EI:B7:G G:HE:8I>K:AN /=:;DAADL>CIH7NG:<>DC

)4?C4<14A 0;88->?5:@4;A?-:0? .DJI= 6@DI6 $DL6&6CH6H(>HHDJG> ):7G6H@6 G>ODC6 DADG69D )DGI= 6@DI6(>CC:HDI6 DGEDG6I:6C9DI=:G /DI6A9:EDH>IH 2:;JC96EDGI>DCD;DJG6HH:IHL>I=I>B:9:EDH>IHI=6I=6K:76A6C8:HI>:H <:C:G6AAN>C:M8:HHD;H>MBDCI=H I.:EI:B7:G 6C9.:EI:B7:G DJGI>B:9:EDH>IHAA>DC6C9 B>AA>DC G:HE:8I>K:AN /=:;DAADL>CI>:HD;DJGI>B:9:EDH>IHCH>O:6I.:EI:B7:G

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

JC9:G. -5>)-8A1"<@5;: =6C<:H>CI=:;6>GK6AJ:D;I=:H:AD6CH6G:G:8DG9:9>C:6GC>CCI:G:HI>C8DB:>CI=:G:A:K6CIE:G>D9 /=:G:A6I:9>CI:G:HIG6I:HL6EH6G:G:8DO:96H:>I=:G6HH:IHDGA>67>A>I>:H>CDJG ;>C6C8>6AHI6I:B:CIH6C96CN<6>CHDGADHH:HDCI=:H:HL6EH 7DI=G:6A>O:96C9JCG:6A>O:9 6G:G:8DG9:9>C:6GC>CCI:G:HI>C8DB: /=:>CI:G:HIG6I:HL6EH6G:;JAAN:;;:8I>K:;GDB6C>CI:G:HIG6I:G>H@E:GHE:8I>K: 6H<6>CH6C9ADHH:HDCDJG HL6EH6G:9>G:8IAND;;H:I7N8=6C<:H>C;6>GK6AJ:D;I=:;6>GK6AJ:DEI>DCAD6CH51 HL6E>CI:G:HIG6I:G>H@69?JHIB:CIH6G:9>G:8IAN D;;H:I7N6HHD8>6I:9AD6C>CI:G:HIG6I:G>H@69?JHIB:CIH DCH:FJ:CIAN 6CN8=6C<:H>CCDC>CI:G:HI>C8DB:6HHD8>6I:9L>I=8=6C<:H >C;6>GK6AJ:G:HJAI>C<;GDB>CI:G:HIG6I:BDK:B:CI 6HDEEDH:9ID8=6C<:H>C8G:9>IFJ6A>IN DCI=:AD6CH6G:9>G:8IAND;;H:I7N :FJ6A6C9DEEDH>I:JCG:6A>O:98=6G<:HIDDGG:9J8I>DCH>CCDC>CI:G:HI>C8DB:;DGI=:G:A6I:9>CI:G:HIG6I:HL6E CN8=6C<:H>CI=: ;6>GK6AJ:D;I=:AD6CHG:A6I:9ID8G:9>IFJ6A>IN6C9I=:8JGG:CIG:6A>O:9<6>CADHHDC9:G>K6I>K:H6G:CDID;;H:II>C<6BDJCIHL>I=>C CDC>CI:G:HI>C8DB: /D:CHJG:I=:8DGG:A6I>DCD;BDK:B:CIH>C;6>GK6AJ:7:IL::CI=:>CI:G:HIG6I:HL6E6C9I=:G:A6I:9AD6C L: E6HHDC6AA:8DCDB>88DHIH6HHD8>6I:9L>I=DJG>CI:G:HIG6I:HL6E68I>K>ING:HJAI>C<;GDBAD6C8JHIDB:GEG:E6NB:CIHE6GI>6ADG ;JAAIDI=:8JHIDB:G )035&3.03308*/(4 *JGEG>B6GNHDJG8:HD;H=DGI I:GB7DGGDL>CC8AJ9:H:8JG>I>:HHDA9JC9:GG:EJG8=6H:6C!#' 69K6C8:HB6IJG>CI=>CBDCI=H /=:;DAADL>CC>C;DGB6I>DCL>I=G:HE:8IIDDCANDJG7DGGDL>CI= DG><>C6AB6IJG>I>:HA:HHI=6CBDCI=H6I6C9;DGI=:E:G>D9HCDI:9

C0=35>A8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0? )7>ACC4A<1>AA>F8=6B .:8JG>I>:HHDA9JC9:G6CBJB6BDJCIDJIHI6C9>C<6I6CNBDCI= :C99JG>CD9 K:G6<:6BDJCIDJIHI6C9>C<9JG>CD9 2:><=I:96K:G6<:G6I:;DGI=:E:G>D9 2:><=I:96K:G6<:G6I:6HD;96I:>C9>86I:9 5)&303308*/(4 $C699>I>DCID!#'H=DGI I:GB69K6C8:H L:6AHD=6K:!#'ADC< I:GB7DGGDL>CAA>DC6C9 B>AA>DCDJIHI6C9>C<6HD;.:EI:B7:G 6C9.:EI:B7:G G:HE:8I>K:AN 2:=6K:DJIHI6C9>CAA>DC6C9 B>AA>DCD;?JC>DGHJ7DG9>C6I:99:7:CIJG:HID6;;>A>6I:9IGJHIH>C8DCC:8I>DC L>I=I=:>HHJ6C8:D;IGJHIEG:;:GG:9H:8JG>I>:H7NHJ8=IGJHIH6HD;.:EI:B7:G 6C9.:EI:B7:G G:HE:8I>K:AN 2: 6G:E:GB>II:9JC9:G6EEA>867A:A6LH6C9G:DCHID8DJCII=:H:IGJHIEG:;:GG:9H:8JG>I>:H6HE6GID;DJG/>:G86E>I6A 2:>HHJ:9 B>AA>DCD;;>M:9 ID ;AD6I>CC6I:9CDI:HI=6IB6IJG:DCJK6I: EA68:B:CI /=:CDI:H L=>8=FJ6A>;N6H/>:G86E>I6AJC9:G6E>I6A-JA:H>C:;;:8I6I.:EI:B7:G =6K:6C>CI:G:HIG6I:D; E:G6CCJB E6N67A:H:B> 6CCJ6AANDC:68=!:7GJ6GN6C9JCAJCH86AN:6G L:>C8JGG:9 B>AA>DC>C>CI:G:HI:ME:CH:DC6AADJIHI6C9>CC6I:99:7:CIJG:H6C9 CDI:H8DBE6G:9ID B>AA>DC>C;>H86AN:6G

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

)4?C4<14A 2CD0;

#8=8D=C (0C8> (4@D8A4<4=C(0C8>L (0C8> 0;88->?5:@4;A?-:0? A40C-4BC4A=0=2>A? =2 />:G86E>I6A ) /DI6A86E>I6A ) />:GA:K:G6<: ) DBBDC:FJ>IN/>:G ) ->H@ L:><=I:96HH:IH A40C-4BC4A=0=: />:G86E>I6A /DI6A86E>I6A />:GA:K:G6<: DBBDC:FJ>IN/>:G ->H@ L:><=I:96HH:IH

D:HCDI>C8AJ9:86E>I6A8DCH:GK6I>DC7J;;:G L=>8=L6H 6I.:EI:B7:G I.:EI:B7:G 6C9.:EI:B7:G DJG/>:G86E>I6A>C8AJ9:96C6<AA>DC6C9 B>AA>DC G:HE:8I>K:AN D;IGJHIEG:;:GG:9H:8JG>I>:H>HHJ:97NDJGHJ7H>9>6G>:H C:ID;;6>GK6AJ:69?JHIB:CI I.:EI:B7:G DJG/>:G86E>I6A>C8AJ9:9 B>AA>DCD;I=:6AADL6C8:;DGAD6C6C9A:6H:ADHH:H6C9 B>AA>DCD;HJ7DG9>C6I:986E>I6A CDI:H I.:EI:B7:G DJG/>:G86E>I6A>C8AJ9:9 B>AA>DCD;I=:6AADL6C8:;DGAD6C6C9A:6H:ADHH:H6C9 B>AA>DCD;HJ7DG9>C6I:986E>I6ACDI:H *JGIDI6AG>H@ L:><=I:96HH:IHL:G: 7>AA>DC6I.:EI:B7:G

$>=&8=0=280;#40BDA4B 2:G:ANDC8:GI6>CCDC "+;>C6C8>6AB:6HJG:H>CB6@>C<;>C6C8>6A6C9DE:G6I>DC6A9:8>H>DCH67DJIDJG7JH>C:HH 2: 7:A>:K:I=6I:68=D;I=:CDC "+;>C6C8>6AB:6HJG:HEG:H:CI:9>H=:AE;JA>C=><=A><=I>CCDJG7JH>C:HH ;>C6C8>6A 8DC9>I>DC6C9G:HJAIHD;DE:G6I>DCHL=>8=B><=ICDIDI=:GL>H:7:6EE6G:CIL=:CG:AN>CC6C8>6AG:HJAIH86A8JA6I:9 >C688DG96C8:L>I=0 . "+ 2:9>H8ADH:C:I>CI:G:HI>C8DB:6C9G:A6I:9G6I>DH6C96C6ANH>HDC6I6M67A: :FJ>K6A:CI76H>H L=>8=B6N6AHD7:8DCH>9:G:9CDC "+;>C6C8>6AB:6HJG:H 2:7:A>:K:I=>HEG:H:CI6I>DCID7:I=:EG:;:GG:9>C9JHIGN B:6HJG:B:CID;C:I>CI:G:HI>C8DB:6H>IEGDK>9:H6G:A:K6CI8DBE6G>HDCD;C:I>CI:G:HI>C8DB:6G>H>C<;GDBI6M67A:6C9I6M :M:BEIHDJG8:H $C699>I>DC 8:GI6>CE:G;DGB6C8:B:6HJG:H >C8AJ9>C8>:C8NG6I>D6C9C:I>CI:G:HIB6G<>CJI>A>O:C:I >CI:G:HI>C8DB:DC6I6M67A: :FJ>K6A:CI76H>H $CE6GI>8JA6G L::K6AJ6I:DJGEGD;>I67>A>IN6C9E:G;DGB6C8:76H:9DCDJG69?JHI:9C:I>C8DB: 69?JHI:9:6GC>C7A:C:I>C8DB:6C9G:IJGCDC6K:G6<:I6C<>7A:8DBBDC:FJ>IN *JG69?JHI:9C:I>C8DB:6C969?JHI:9 :6GC>CI:BHL>I=6H>;>86CI>BE68IIDC:I>C8DB:I=6IL:9DCDI7:A>:K:ID 7:G:8JGG>C<>CC6IJG: : < DC: I>B:68FJ>H>I>DC:ME:CH:H6HL:AA6HI=::;;:8ID;G:K6AJ6I>DCD;9:;:GG:9I6M:H *JGI6C<>7A:C:I >C8DB:6C9G:IJGCDC6K:G6<:I6C<>7A:8DBBDC:FJ>IN:M8AJ9:I=::;;:8IHD;6BDGI>O6I>DC:ME:CH:G:A6I>CCI6C<>7A:6HH:IH 6C9G:A6I:9I6M:;;:8IH;GDBI=:68FJ>H>I>DCD;JH7N)6C9DJG68FJ>H>I>DCHD;DI=:G>CHI>IJI>DCH 2:7:A>:K:I=:H:B:6HJG:H =:AE=><=A><=IIG:C9H6HHD8>6I:9L>I=DJG;>C6C8>6A8DC9>I>DC6C9G:HJAIHD;DE:G6I>DCH7NEGDK>9>CC8DB:6C9G:IJGC >C;DGB6I>DC:M8AJ9>C;>86CICDCG:8JGG>C<>I:BH;DG69?JHI:9C:I>C8DB:6C969?JHI:9:6GC>CEIH9JG>C867A:E:G>D9;DGI6C<>7A:C:I>C8DB:6C9G:IJGCDC6K:G6<:I6C<>7A: 8DBBDC:FJ>IN 2:6AHD:K6AJ6I:DJGEGD;>I67>A>IN6C9E:G;DGB6C8:76H:9DCDJG69?JHI:9C:I>CI:G:HI>C8DB: 69?JHI:9C:I>CI:G:HI B6G<>C 69?JHI:9>CI:G:HI>C8DB:DCCDC . AD6CH6C969?JHI:9N>:A9DCCDC . AD6CH 2:69?JHI:68=D;I=:H: ;DJGB:6HJG:HID>C8AJ9:I=:8JGG:CIG:6A>O:9<6>CADHHD;9:G>K6I>K:HL:JH:IDB6C6<:>CI:G:HIG6I:G>H@DC8:GI6>CD;DJGAD6CH L=>8=L:7:A>:K::8DCDB>86AAND;;H:IHI=:>CI:G:HI>C8DB::6GC:9DCI=:AD6CH .>B>A6GAN L::K6AJ6I:DJGDE:G6I>DC6A:;;>8>:C8N 76H:9DCDJG:;;>8>:C8NG6I>D L=>8=:M8AJ9:HI=::;;:8ID;6BDGI>O6I>DCD;8DG:9:EDH>I6C9DI=:G>CI6C<>7A:H6CDC 86H=:ME:CH: >I:B6C9>C8AJ9:HI=:I6M7:C:;>I6HHD8>6I:9L>I=DJGI6M 69K6CI6<:9AD6CH 2::K6AJ6I:DJG;>C6C8>6A8DC9>I>DC76H:9DCI=:G6I>DD;DJGI6C<>7A:8DBBDC:FJ>INIDDJGI6C<>7A:6HH:IH6C9I=:G6I>D D;DJGI6C<>7A:8DBBDC:FJ>INID8DBBDCH=6G:HDJIHI6C9>C< *JG86A8JA6I>DCD;I=>HG6I>D:M8AJ9:HI=::;;:8ID;DJGAA 6C9DI=:G>CI6C<>7A:6HH:IH 2:7:A>:K:I=>HB:6HJG:>H=:AE;JA>C=><=A><=I>CIN8DBEDC:CID;DJG86E>I6A6C9 7:86JH:D;>IH;D8JH7N;:9:G6A76C@G::L>CC6C8>6A>CHI>IJI>DCH>CG:8:CIN:6GH6C9 L=:C8DCH>9:G>CC68I>DCH >C8AJ9>C<86E>I6A68I>DCH 2:6AHD7:A>:K:I=:G6I>DD;DJGI6C<>7A: 8DBBDC:FJ>INID8DBBDCH=6G:HDJIHI6C9>C<>H=:AE;JA>CJC9:GHI6C9>CK:DLC:GH=>EEDH>I>DC6HL: JC9:GI6@:K6G>DJH68I>DCHID>HHJ:6C9G:I>G:8DBBDCH=6G:HDJIHI6C9>C< !DGG:8DC8>A>6I>DCH;DG:68=D;I=:H:CDC "+;>C6C8>6AB:6HJG:HIDI=:8ADH:HI"+;>C6C8>6AB:6HJG:H H::$I:B .:A:8I:9!>C6C8>6A 6I6S)DC "+!>C6C8>6A(:6HJG:H-:8DC8>A>6I>DCH6C9$I:B .:A:8I:9!>C6C8>6A 6I6S)DC "+ ,J6GI:GAN!>C6C8>6A(:6HJG:H-:8DC8>A>6I>DCH 68=D;I=:CDC "+;>C6C8>6AB:6HJG:HEG:H:CI:9H=DJA97:8DCH>9:G:9>C 8DCI:MIL>I=DJG"+;>C6C8>6AG:HJAIH>C8AJ9:9>CI=>HCCJ6A-:EDGIDC!DGB & 5 =5;0C8>=0=370=68=6&A824B *JG;>C6C8>6AHI6I:B:CIH>C8AJ9:9>CI=>HCCJ6A-:EDGIDC!DGB &=6K:7::CEG:E6G:9>C688DG96C8:L>I=0 . "+ L=>8=G:FJ>G:HJHIDB:6HJG:;>C6C8>6AEDH>I>DC6C9DE:G6I>CB6G>AN>CI:GBHD;=>HIDG>89DAA6GH =6C<:H>CI=: G:A6I>K:K6AJ:D;BDC:N9J:ID>C;A6I>DCDGG:8:HH>DC<:C:G6AAN6G:CDI8DCH>9:G:9 /=:EG>B6GN:;;:8ID;>C;A6I>DCDCDJG DE:G6I>DCH>HG:;A:8I:9>C>C8G:6H:9DE:G6I>C<8DHIH $CDJGB6C6<:B:CIVHDE>C>DC 8=6C<:H>C>CI:G:HIG6I:H6;;:8II=:;>C6C8>6A 8DC9>I>DCD;6;>C6C8>6A>CHI>IJI>DCID6;6GCI=:>C;A6I>DCG6I: 2=>A:>CI:G:HIG6I:H6G:C;AJ:C8:97N8=6C<:H>CI=:>C;A6I>DCG6I: I=:N9DCDIC:8:HH6G>AN8=6C<:6II=:H6B:G6I:DG>CI=:H6B:B6IJ9:6HI=: >C;A6I>DCG6I: $CI:G:HIG6I:H6G:=><=ANH:CH>I>K:IDB6CN;68IDGHI=6I6G:7:NDC9DJG8DCIGDA >C8AJ9>C<8=6C<:H>CI=::ME:8I:9G6I: D;>C;A6I>DC I=:>C;AJ:C8:D;<:C:G6A6C9AD86A:8DCDB>88DC9>I>DCH6C9I=:BDC:I6GN6C9;>H86AEDA>8>:HD;I=:0C>I:9.I6I:H IH6<:C8>:H6C9K6G>DJHDI=:GI>:H (424=C22>D=C8=6&A>=>D=24<4=CB .::)DI: ):L88DJCI>C<.I6C96G9H>CI=:688DBE6CN>C<)DI:HIDDCHDA>96I:9!>C6C8>6A.I6I:B:CIH>C8AJ9:9>C I=>HCCJ6A-:EDGIDC!DGB &;DG69>H8JHH>DCD;C:L688DJCI>CG:ME:8I:9>BE68IDCDJG;>C6C8>6A HI6I:B:CIH

A8C820;22>D=C8=6&>;8284B0=3C74 522>D=C8=6BC8<0C4B *JG8DCHDA>96I:9;>C6C8>6AHI6I:B:CIH6C9688DBE6CN>CC688DG96C8:L>I=0 . "+ *JG 688DJCI>C8>:H6G:BDG:;JAAN9:H8G>7:9>C)DI:D;I=:8DCHDA>96I:9;>C6C8>6AHI6I:B:CIH :GI6>C688DJCI>C8>:H G:FJ>G:DJGB6C6<:B:CIIDJH:H>;>86CI?J9DCH L=>8=86C=6K:6B6I:G>6A>BE68IDCI=:86GGN>C<6BDJCI D;8:GI6>C6HH:IH6C9A>67>A>I>:H 2:8DCH>9:GI=:H:EDA>8>:HID7:8G>I>86A688DJCI>C8>:H /=:?J9DCHB69: 6G:76H:9JEDC=>HIDG>86A:ME:G>:C8:DGDI=:G;68IDGHI=6IB6C6<:B:CI7:A>:K:HID7:G:6HDC67A:JC9:GI=:8>G8JBHI6C8:H :86JH: D;I=:C6IJG:D;I=:?J9DCH 68IJ6AG:HJAIH8DJA99>;;:G;GDB:HI>B6I:H L=>8=8DJA9=6K:6B6I:G>6A:;;:8IDC DJG;>C6C8>6A8DC9>I>DC6C9G:HJAIHD;DE:G6I>DCH 2:=6K:>9:CI>;>:9I=:;DAADL>C<688DJCI>C8>:H6H8G>I>86AI=:6AADL6C8:;DGAD6C6C9A:6H:ADHH:H AA >BE6>GB:CI 8DG:9:EDH>IH6C9DI=:G>CI6C<>7A:H 9:G>K6I>K:H 6C9>C8DB:I6M:H 2:=6K:G:K>:L:9I=:H:8G>I>86A688DJCI>C< :HI>B6I:H6C9G:A6I:99>H8ADHJG:HL>I=DJGJ9>IDBB>II:: --08"/$&'030"/"/%&"4&044&4 1?/>5<@5;:2:B6>CI6>C6C6AADL6C8:;DGAD6C6C9A:6H:ADHH:H6I6A:K:AB6C6<:B:CI7:A>:K:H>H6EEGDEG>6I:76H:9DC DCC<:K6AJ6I>DCD;I=:EGD767A::HI>B6I:9ADHH:H>C=:G:CI>CI=:AD6CEDGI;DA>D9G>K:CEG>B6G>AN7NBDC>IDG>C<8=6C<:H>CAD6C G>H@CFJ:C8>:H 6C9DI=:G8G:9>IG>H@>C9>86IDGH L=>8=6G:>C=:G:CIANHJ7?:8I>K: L:AA 9D8JB:CI:9B:I=D9DADH6EEA>:9ID:CHJG:8DCH>HI:C8N68GDHHDJGB6G@:IH 2:6AHD=6K:6;DGB6A>O:9>C9:E:C9:CIAD6CG:K>:L EGDC>HIG6I>DC 8G:9>IFJ6A>IN 6C98DBEA>6C8:L>I=8DGEDG6I:AD6CHI6C96G9H /=>HEGDC8AJ9:H E:G>D9>8 G::LHD;EGD7A:BAD6CG:EDGIH 9:A>CFJ:C8>:H6C98=6G<: D;;H /=:6AADL6C8:;DGAD6C6C9A:6H:ADHH:H8DCH>HIHD;G:H:GK:H;DGEGD767A:ADHH:HI=6I=6K:7::C>9:CI>;>:9G:A6I:9ID HE:8>;>87DGGDL>CDCH=>EHI=6I6G:>C9>K>9J6AAN:K6AJ6I:9;DG>BE6>GB:CITHE:8>;>8G:H:GK:U 6HL:AA6HEGD767A:ADHH:H >C=:G:CI>CDJGAD6CEDGI;DA>DI=6I6G:CDIHE:8>;>86AAN>9:CI>;>:9T8DAA:8I>K:G:H:GK:U =6C<:HIDI=:6AADL6C8:;DGAD6C6C9A:6H: ADHH:H6G:B69:7N8=6G<:HIDI=:EGDK>H>DC;DGAD6C6C9A:6H:ADHH:H L=>8=>HG:;A:8I:9>CI=:8DCHDA>96I:9HI6I:B:CIHD;>C8DB: 'D6CH9::B:9ID7:JC8DAA:8I>7A:6G:8=6G<:9D;;6<6>CHII=:6AADL6C8:;DGAD6C6C9A:6H:ADHH:H -:8DK:G>:HD;6BDJCIH EG:K>DJHAN8=6G<:9 D;;6G:8G:9>I:9IDI=:6AADL6C8:;DGAD6C6C9A:6H:ADHH:H /=:HE:8>;>8G:H:GK:G:A6I:HID>BE6>G:9AD6CH AD6C>H>BE6>G:9L=:C 76H:9DC8JGG:CI>C;DGB6I>DC6C9:K:CIH >I>H EGD767A:L:L>AA7:JC67A:ID8DAA:8I6AA6BDJCIH9J:>CI:G:HI6HL:AA6HEG>C8>E6A688DG9>C;>8G:H:GK:H6G:9:I:GB>C:9DC6AD6C 7N AD6C76H>H76H:9DCB6C6<:B:CIVH7:HI:HI>B6I:D;DJG:MEDHJG: <>K:C I=:8JGG:CIE6NB:CIHI6IJHD;I=:AD6C I=:EG:H:CIK6AJ:D;:ME:8I:9E6NB:CIH 6C9I=:K6AJ:D;6CNJC9:GAN>C<8DAA6I:G6A $;I=: >BE6>G:9AD6C>H>9:CI>;>:96H8DAA6I:G6A9:E:C9:CI I=:CI=:;6>GK6AJ:D;I=:8DAA6I:G6AB:I=D9D;B:6HJG>CBE6>GB:CI>HJI>A>O:9 /=>HB:I=D9G:FJ>G:HD7I6>C>C<6C>C9:E:C9:CI6EEG6>H6AD;I=:8DAA6I:G6A6C9G:9J8>CH:9K6AJ: 7N6EEAN>C<69>H8DJCI;68IDGIDI=:6EEG6>H:9K6AJ: >;C:8:HH6GN 6C9>C8AJ9>C<8DHIHIDH:AA

(6C6<:B:CIVH:HI>B6I:;DG8DAA:8I>K:G:H:GK:HG:;A:8IHADHH:H>C8JGG:9>CI=:AD6CEDGI;DA>D6HD;I=:8DCHDA>96I:976A6C8: H=::IG:EDGI>C<96I: $C8JGG:9ADHH:HI>B6I:HEG>B6G>AN6G:76H:9DC=>HIDG>86AADHH:ME:G>:C8:6C9EDGI;DA>DB>M $C8JGG:9ADHH :HI>B6I:HB6N7:69?JHI:9;DGFJ6A>I6I>K:;68IDGHHJ8=6H8JGG:CI:8DCDB>88DC9>I>DCH6C98JGG:CIEDGI;DA>DIG:C9H>C8AJ9>C<8G:9>I FJ6A>IN 8DC8:CIG6I>DCH 6<>CD 6C9DGH>;>86CIEDA>8N6C9JC9:GLG>I>C<8=6C<:H L=>8=B6NCDI7:G:;A:8I:9>C =>HIDG>86AADHH:ME:G>:C8: !JGI=:G9>H8JHH>DCD;I=:B:I=D9DADC:HI67A>H=>CH EGDK>9:9>CI=:AADL6C8:;DG'D6C6C9':6H:'DHH:HH:8I>DCD;$I:B (6C6<:B:CIH >H8JHH>DC6C9C6ANH>HD;!>C6C8>6A DC9>I>DC6C9-:HJAIHD;*E:G6I>DCH6C9)DI: )6IJG:D;*E:G6I>DCH6C9.JBB6GND;.>;>86CI88DJCI>C<+DA>8>:H A0391:@?-:0(:/1>@-5:@51?(6C6<:B:CIB6@:H6G6C<:D;6HHJBEI>DCHID9:I:GB>C:L=6I>H7:A>:K:9ID7:I=: 6EEGDEG>6I:A:K:AD;6AADL6C8:;DGAD6C6C9A:6H:ADHH:H .E:8>;>8G:H:GK:H;DG>BE6>G:9AD6CHG:ANDC6EG:H:CIK6AJ:D;:ME:8I:9 E6NB:CIHDGI=:K6AJ:D;JC9:GAN>C<8DAA6I:G6A<:C:G6AAN76H:9DC>C9:E:C9:CI6EEG6>H6AH DAA:8I>K:G:H:GK:HG:ANDC=>HIDG>86A ADHH:ME:G>:C8:76H:9DCI=:EDGI;DA>DB>M FJ6A>I6I>K:;68IDGHHJ8=6H8JGG:CI:8DCDB>88DC9>I>DCH6C98JGG:CIEDGI;DA>DIG:C9H >C8AJ9>C<8G:9>IFJ6A>IN 8DC8:CIG6I>DCH 6<>CD 6C9DGH>;>86CIEDA>8N6C9JC9:GLG>I>C<8=6C<:H AAD;I=:H: :HI>B6I:H6G:HJH8:EI>7A:IDH>;>86CI8=6C<: 221/@52/@A-8%1?A8@?5221>>;9??A9<@5;:?/=:6AADL6C8:G:EG:H:CIHDJG7:HI:HI>B6I:D;:HI>B6I:9ADHH:H>CI=: AD6CEDGI;DA>D 7JIH>;>86CI9DLCIJGCH>C8>G8JBHI6C8:HG:A6I>CIN6C9:8DCDB>88DC9>I>DCH8DJA9G:HJAI>C6 G:FJ>G:B:CI;DG699>I>DC6A6AADL6C8: '>@:L>H: 6CJEIJGC>CAD6CFJ6A>IN6C9>BEGDK:9:8DCDB>88DC9>I>DCHB6N6AADL6 G:9J8I>DC>CI=:G:FJ>G:96AADL6C8: $C:>I=:G>CHI6C8: JC6CI>8>E6I:98=6C<:H8DJA9=6K:6H>;>86CI>BE68IDCDJG;>C6C8>6A EDH>I>DC6C9G:HJAIHD;DE:G6I>DCH

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

$CL::CI:G:9>CID-+HL>I=HDB:D;DJG9:G>K6I>K:8DJCI:GE6GI>:HID6HHJB:I=:8G:9>I:MEDHJG:G:A6I:9ID>CI:G:HI G6I:9:G>K6I>K:8DCIG68IH *JGAD6C8JHIDB:G:CI:GH>CID6C>CI:G:HIG6I:HL6E9>G:8IANL>I=69:G>K6I>K:8DJCI:GE6GIN6C9L:6H@D;ADHHDCI=:>CI:G:HIG6I:HL6E9J:ID69:;6JAI7NI=:8JHIDB:G 2::CI:G>CID;DGL6G9>CI:G:HIG6I:AD8@8DBB>IB:CIHDCBDGI<6<:AD6CHID7:=:A9;DGH6A: L=>8=6G:8DBB>IB:CIHID DG><>C6I:AD6CHL=:G:7NI=:>CI:G:HIG6I:DCI=:AD6C>H9:I:GB>C:9EG>DGID;JC9>C< 2:6AHD=6K:8DGG:HEDC9>C<;DGL6G9H6A:H 8DCIG68IHG:A6I:9IDI=:H:>CI:G:HIG6I:AD8@8DBB>IB:CIH DI=I=:BDGI<6<:AD6C8DBB>IB:CIH6C9I=:G:A6I:9H6A:H8DCIG68IH6G: 8DCH>9:G:99:G>K6I>K:H6C96G:G:8DG9:96I;6>GK6AJ:L>I=8=6C<:H>C;6>GK6AJ:G:8DG9:9>CCDC>CI:G:HI>C8DB: A0391:@?-:0(:/1>@-5:@51?*JG:MEDHJG:ID9:G>K6I>K:8G:9>IG>H@>H9:;>C:96HI=:EDHH>7>A>IND;HJHI6>C>C<6ADHH9J: IDI=:;6>AJG:D;I=:8DJCI:GE6GINIDE:G;DGB>C688DG96C8:L>I=I=:I:GBHD;I=:8DCIG68I G:9>IG>H@H6HHD8>6I:9L>I=>CI:G:HIG6I: HL6EH6G:H>B>A6GIDI=DH:G:A6I>CI>DC6ADC 76A6C8:H=::I;>C6C8>6A>CHIGJB:CIH 2:B6C6<:>CI:G:HIG6I:HL6E8G:9>IG>H@ L>I=I=:H6B:HI6C96G9H6C9EGD8:9JG:H6EEA>:9IDDJG8DBB:G8>6AA:C9>C<68I>K>I>:H 221/@52/@A-8%1?A8@?5221>>;9??A9<@5;:?HL>I=6CN;>C6C8>6A>CHIGJB:CI 9:G>K6I>K:;>C6C8>6A>CHIGJB:CIH=6K: >C=:G:CIG>H@>C8AJ9>C<69K:GH:8=6C<:H>C>CI:G:HIG6I:H 2:=6K:6I=DJG9:G>K6I>K:8DJCI:GE6GI>:HI=6I8DCI6>C6 EGDK>H>DCL=:G:>;L:;6>AIDB6>CI6>CDJGHI6IJH6H6L:AA69:FJ6I:AN86E>I6A>O:9>CHI>IJI>DC I=:CI=:8DJCI:GE6GIN=6HI=:G><=IID I:GB>C6I:I=:9:G>K6I>K:EDH>I>DCH6C9L:LDJA97:G:FJ>G:9IDH:IIA:DJGD7A><6I>DCHJC9:GI=:65<@5;:2:6G:HJ7?:8IIDI=:>C8DB:I6MA6LHD;I=:0 . >IHHI6I:H 6C9I=:BJC>8>E6A>I>:H>CL=>8=L:DE:G6I: /=:H:I6MA6LH6G:8DBEA:M6C9HJ7?:8IID9>;;:G:CI>CI:GEG:I6I>DCH7NI=:I6ME6N:G6C9I=:G:A:K6CIC<6JI=DG>I>:H 2:G:K>:L>C8DB:I6M:ME:CH:6C9I=:86GGN>CC;DGB6I>DC7:8DB:H6K6>A67A: I=:76A6C8:H6G:69?JHI:96H6EEGDEG>6I: 2:;DAADL./DE>8 :/;91'-D1? L=>8=EG:H8G>7:H6G:8DI>DCI=G:H=DA9D; BDG: A>@:AN I=6C CDI 6C96B:6HJG:B:CI6IIG>7JI:;DG6AAI6MEDH>I>DCHI6@:CDG:ME:8I:9ID7:I6@:CDC6I6MG:IJGC >CDG9:G;DG I=DH:I6MEDH>I>DCHID7:G:8DO:9DCI=:8DCHDA>96I:9;>C6C8>6AHI6I:B:CIH *C :8:B7:G I=:/6M-:;DGB8IL6H:C68I:9>CIDA6L :<>CC>C<>C I=:/6M-:;DGB8IG:9J8:9I=: ;:9:G6AI6MG6I:;DG8DGEDG6I>DCH;GDB ID 6C98=6C<:9DGA>B>I:98:GI6>CI6M9:9J8I>DCH /=:/6M-:;DGB8I G:FJ>G:9JHIDG:K6AJ:DJGC:I9:;:GG:9I6M6HH:IH>CI=:E:G>D9D;:C68IB:CI L=>8=HIG6C9:98:GI6>C:;;:8IHD;I=:I6MG6I:8=6C<: >C688JBJA6I:9DI=:G8DBEG:=:CH>K:>C8DB: 2:69DEI:9C:L688DJCI>C<96C8:>CI=:H:8DC9FJ6GI:GD;;>H86AN:6GI=6I 6AADL:9G:8A6HH>;>86I>DCD; B>AA>DC>CHIG6C9:9I6M:;;:8IHI=6IG:A6I:9ID68=6C<:>CI=:;:9:G6AI6MG6I:;GDB688JBJA6I:9 DI=:G8DBEG:=:CH>K:>C8DB:IDG:I6>C:9:6GC>CH8JHH>DC>HEGDK>9:9>C)DI: $C8DB:/6M:HDCI=:8DCHDA>96I:9 ;>C6C8>6AHI6I:B:CIH A0391:@?-:0(:/1>@-5:@51?$C:HI67A>H=>C<6EGDK>H>DC;DG>C8DB:I6M:ME:CH: L:BJHIB6@:?J9CI:GEG:I6I>DCH67DJII=:6EEA>86I>DCD;I=:H:>C=:G:CIAN8DBEA:MI6MA6LH 2:BJHI6AHDB6@::HI>B6I:H67DJIL=:C>CI=:;JIJG: 8:GI6>C>I:BHL>AA6;;:8II6M67A:>C8DB:>CI=:K6G>DJHI6M?JG>H9>8I>DCH >HEJI:HDK:G>CI:GEG:I6I>DCHD;I=:I6MA6LHB6N7: HJ7?:8IIDG:K>:L69?J9>86I>DC7NI=:8DJGIHNHI:BHD;I=:K6G>DJHI6M?JG>H9>8I>DCHDGB6N7:H:IIA:9L>I=I=:I6M>C<6JI=DG>IN JEDC:M6B>C6I>DCDG6J9>I 221/@52/@A-8%1?A8@?5221>>;9??A9<@5;:?AI=DJ<=L:7:A>:K:I=:?J9B6I:HJH:96G:G:6HDC67A: 68IJ6AG:HJAIH8DJA99>;;:G6C9L:B6N7::MEDH:9IDADHH:HDG<6>CHI=6I8DJA97:B6I:G>6A /DI=::MI:CIL:EG:K6>A>CB6II:GH;DG L=>8=G:H:GK:H=6K:7::C:HI67A>H=:9 DG6G:G:FJ>G:9IDE6N6BDJCIH>C:M8:HHD;DJGG:H:GK:H DJG:;;:8I>K:>C8DB:I6MG6I:>C6 <>K:C;>C6C8>6AHI6I:B:CIE:G>D98DJA97:B6I:G>6AAN6;;:8I:9 CJC;6KDG67A:I6MH:IIA:B:CILDJA9G:HJAI>C6C>C8G:6H:>CDJG :;;:8I>K:>C8DB:I6MG6I:>CI=:E:G>D9D;G:HDAJI>DC ;6KDG67A:I6MH:IIA:B:CILDJA9G:HJAI>C6G:9J8I>DC>CDJG:;;:8I>K:>C8DB: I6MG6I:>CI=:E:G>D9D;G:HDAJI>DC *# '+$* ** ,$'+" ** , )"%)+()%+*#(!*( )! *JGEG>B6GNB6G@:IG>H@>H>CI:G:HIG6I:G>H@ L=>8=>H9:;>C:96HI=:G>H@D;ADHHD;C:I>CI:G:HI>C8DB:DGC:I>CI:G:HI B6G<>C7:86JH:D;8=6C<:H>C>CI:G:HIG6I:H 2:H::@IDB:6HJG:6C9B6C6<:I=:EDI:CI>6A>BE68ID;>CI:G:HIG6I:G>H@ $CI:G:HIG6I:G>H@D88JGHL=:C>CI:G:HI :6GC>C< 6HH:IH6C9>CI:G:HI 7:6G>C67>A>I>:HB6IJG:DGG: EG>8:6I9>;;:G:CII>B:H DC69>;;:G:CI76H>HDG>CJC:FJ6A6BDJCIH $CI:G:HIG6I: G>H@6AHD6G>H:HL=:CDJG6HH:IH A>67>A>I>:H6C9D;; 76A6C8:H=::I8DCIG68IH:68=G:HEDC99>;;:G:CIANID8=6C<:H>C>CI:G:HIG6I:H >C8AJ9>C<6H6G:HJAID;:MEA>8>I6C9>BEA>8>IEGDK>H>DCH>C667>A>I>:H6C9>CD;; 76A6C8:H=::I 8DCIG68IHI=6I6AI:GI=:6EEA>867A:>CI:G:HIG6I:6C986H=;ADL8=6G68I:G>HI>8H6H>CI:G:HIG6I:H8=6C<: /=:ILDEG>B6GN:M6BEA:HD; HJ8=EGDK>H>DCHI=6IL:6G::MEDH:9ID6G:I=:9JG6I>DC6C9G6I:H:CH>I>K>IN6HHD8>6I:9L>I=>C9:I:GB>C6I: B6IJG>IN9:EDH>IH: < CDC>CI:G:HI 7:6G>C<8=:8@>C<688DJCIH6C9>CI:G:HI 7:6G>C<9:B6C99:EDH>IH6C9I=:G6I:D;EG:E6NB:CI6HHD8>6I:9L>I=;>M:9 G6I:A:C9>C<6C9BDGI<6<: 768@:9H:8JG>I>:H $CI:G:HIG6I:HB6N6AHD6;;:8IAD6C9:B6C9 8G:9>IADHH:H BDGI<6<:DG><>C6I>DC KDAJB:6C9DI=:G>I:BH6;;:8I>C<:6GC>C

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

BC8<0C43 =2A40B442A40B48===D0;8I4339DBC43$4C =C4A4BC =2><45>AC748B20;/40A=343)4?C4<14A 8B20;/40A=38=6 8B20;/40A=38=6 70=648=#0A:4C =C4A4BC(0C4B0B>5)4?C4<14A )4?C4<14A )4?C4<14A $BB:9>6I:.=>;IH 76H>HED>CIH 76H>HED>CIH 76H>HED>CIH 76H>HED>CIH 76H>HED>CIH 76H>HED>CIH "G69J6A.=>;IH 76H>HED>CIH 76H>HED>CIH 76H>HED>CIH 76H>HED>CIH 76H>HED>CIH 76H>HED>CIH 2:EG>B6G>ANJH:>CI:G:HIG6I:HL6EHID:CHJG:I=6IADC< I:GB;>M:9 G6I:AD6CH6G::;;:8I>K:ANG: EG>8:96HH=DGI I:GBG6I:H 8=6C<: L=>8=L:7:A>:K:LDJA96AADLJHID68=>:K:I=:H:G:HJAIH /=:G:HJAIHD;I=>HH>BJA6I>DC6C6ANH>H6G:=NEDI=:I>86A 6C96 K6G>:IND;;68IDGHB><=I86JH:68IJ6AG:HJAIHID9>;;:GHJ7HI6CI>6AAN;GDBL=6I>H9:E>8I:9 !DG:M6BEA: >;I=:I>B>C<6C9 B6IJ9:D;>CI:G:HIG6I:8=6C<:H9>;;:G;GDBI=DH:EGD?:8I:9 DJGC:I>CI:G:HI>C8DB:B><=IK6GNH>;>86CIAN )DC E6G6AA:AN>:A9 8JGK:H=>;IHHJ8=6H6;A6II:C>CC:A98JGK:DG8=6C<:H>C>CI:G:HIG6I:HEG:69HLDJA96AHD86JH:DJGC:I >CI:G:HI>C8DB:ID7:9>;;:G:CI;GDBI=6I9:E>8I:9 C>C8G:6H>C<>CI:G:HIG6I::CK>GDCB:CI8DJA9G:9J8:EGD?:8I:9C:I>CI:G:HI >C8DB:>;9:EDH>IH6C9DI=:GH=DGI I:GBA>67>A>I>:HG: EG>8:;6HI:GI=6C:ME:8I:9DG;6HI:GI=6CDJG6HH:IHG: EG>8: 8IJ6AG:HJAIH 8DJA99>;;:G;GDBI=DH:EGD?:8I:9>;L:67>A>I>:H;6HI:GDGHADL:GI=6C:HI>B6I:9 >;L::ME:G>:C8:6C:IDJI;ADL D;9:EDH>IA>67>A>I>:HDG>;DJGB>MD;6HH:IH6C9A>67>A>I>:HDI=:GL>H:8=6C<:H 8IJ6AG:HJAIH8DJA96AHD9>;;:G;GDBI=DH:EGD?:8I:9 >;L::ME:G>:C8:HJ7HI6CI>6AAN9>;;:G:CIG:E6NB:CIHE::9H>CDJGAD6CEDGI;DA>DI=6CI=DH:6HHJB:9>CI=:H>BJA6I>DCBD9:A !>C6AAN I=:H:H>BJA6I>DCG:HJAIH9DCDI8DCI:BEA6I:6AAI=:68I>DCHI=6IL:B6NJC9:GI6@:>CG:HEDCH:IDEDI:CI>6ADG68IJ6A 8=6C<:H>C>CI:G:HIG6I:H HJ8=6H8=6C<:HIDDJGAD6C >CK:HIB:CI 9:EDH>I ;JC9>CCI:G:HIG6I:HL6EHIG6I:<>:H !DGBDG:>C;DGB6I>DCDCDJG69?JHI:9C:I>CI:G:HI>C8DB: H::$I:B (6C6<:B:CIH >H8JHH>DC6C9C6ANH>HD; !>C6C8>6ADC9>I>DC6C9-:HJAIHD;*E:G6I>DCHS)DC "+!>C6C8>6A(:6HJG:H6C9;DG6G:8DC8>A>6I>DCIDI=:BDHI9>G:8IAN 8DBE6G67A:"+;>C6C8>6AB:6HJG: H::$I:B .:A:8I:9!>C6C8>6A 6I6S)DC "+!>C6C8>6A(:6HJG:H-:8DC8>A>6I>DCH

 *# $$ ")**#$*)$)+&&"#$*(/* (4?>AC>5 =34?4=34=C(468BC4A43&D1;8222>D=C8=68A<

/DI=:.=6G:=DA9:GH6C9I=:D6G9D; >G:8IDGHD;"G:6I2:HI:GC6C8DGE $C8

;;>F0=245>A;>0=0=3;40B4;>BB4B

1?/>5<@5;:;2 I .:EI:B7:G I=: DBE6CNVH IDI6A AD6CH L:G: 7>AA>DC 6C9 I=: 6HHD8>6I:9 6AADL6C8: @41 -@@1> ;DG AD6C 6C9 A:6H: ADHH:H ''' L6H B>AA>DC H :MEA6>C:9 >C )DI: ID I=: 8DCHDA>96I:9 ;>C6C8>6A HI6I:B:CIH I=: ''' 8DCH>HIH D; G:H:GK:H ;DG EGD767A: ADHH:H I=6I =6K: 7::C >9:CI>;>:9 7N B6C6<:B:CI G:A6I:9 ID HE:8>;>8 7DGGDL>C< G:A6I>DCH=>EH I=6I 6G: >C9>K>9J6AAN :K6AJ6I:9 ;DG >BE6>GB:CI THE:8>;>8 G:H:GK:U 6H L:AA 6H EGD767A: ADHH:H >C=:G:CI >C I=: AD6C EDGI;DA>D I=6I 6G: CDI HE:8>;>86AAN >9:CI>;>:9 T8DAA:8I>K: G:H:GK:U (6C6<:B:CIVH :HI>B6I: ;DG I=: 8DAA:8I>K: G:H:GK: G:;A:8IH ADHH:H >C8JGG:9 >C I=: AD6C EDGI;DA>D 6H D; I=: 8DCHDA>96I:9 76A6C8: H=::I G:EDGI>C< 96I: $C8JGG:9 ADHH :HI>B6I:H 6G: 76H:9 EG>B6G>AN DC =>HIDG>86A ADHH :ME:G>:C8: 6C9 EDGI;DA>D B>M $C8JGG:9 ADHH :HI>B6I:H B6N 7: 69?JHI:9 ;DG FJ6A>I6I>K: ;68IDGH HJ8= 6H 8JGG:CI :8DCDB>8 8DC9>I>DCH 6C9 8JGG:CI EDGI;DA>D IG:C9H >C8AJ9>C< 8G:9>I FJ6A>IN 8DC8:CIG6I>DCH 6<>C< D; I=: EDGI;DA>D 6C9DG H>;>86CI EDA>8N 6C9 JC9:GLG>I>C< 8=6C<:H L=>8= 6G: CDI G:;A:8I:9 >C I=: =>HIDG>86A ADHH :ME:G>:C8: J9>I>C< B6C6<:B:CIVH :HI>B6I: D; I=: ''' >H 8DBEA:M 9J: ID I=: =><=AN ?J9I6I>K: ;68IDGH JH:9 ID 69?JHI >C8JGG:9 ADHH :HI>B6I:H G:;A:8I:9 >C I=: 8DAA:8I>K: G:H:GK: (6C6<:B:CIVH >9:CI>;>86I>DC 6C9 B:6HJG:B:CI D; I=: FJ6A>I6I>K: ;68IDGH >H =><=AN ?J9;>86CI :;;:8I DC I=: '''

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

H GCHI4DJC<''+

2:=6K:H:GK:96HI=:DBE6CNH6J9>IDGH>C8: (>CC:6EDA>H (>CC:HDI6 )DK:B7:G 

 (*-)*($$%(& $ >=B>;830C430;0=24)744CB 0--"34*/)064"/%49$&15)"3&"/%&3)"3&"5"

)4?C4<14A BB4CB 6H=6C99J:;GDB76C@H $CI:G:HI 7:6G>C<76C@9:EDH>IH 6H=6C986H=:FJ>K6A:CIH .:8JG>I>:H6K6>A67A:;DGH6A: 'D6CH C:ID;JC:6GC:99>H8DJCIH6C99:;:GG:9;::H >C8AJ9>C< 6C9 D;AD6CH8DK:G:97N6! $ ADHHH=6G:6K:AN 6C9 6C9 D;AD6CH6I;6>G K6AJ:JC9:GI=:;6>GK6AJ:DEI>DC6I.:EI:B7:G 6C9 G:HE:8I>K:AN 6C9 6C9 D;AD6CH =:A9;DGH6A:6I.:EI:B7:G 6C9 G:HE:8I>K:AN AADL6C8:;DGAD6C6C9A:6H:ADHH:H ):IAD6CH +G:B>H:H6C9:FJ>EB:CI >C8AJ9>C< 6C9 D;EGDE:GIN=:A9;DGH6A:6I.:EI:B7:G 6C9 G:HE:8I>K:AN 88GJ:9>CI:G:HIG:8:>K67A: *I=:GG:EDHH:HH:9EGDE:GIN >C8AJ9>C<6C9D;EGDE:GIN8DK:G:97N6! $ADHHH=6G:6K:AN "DD9L>AA 6H=HJGG:C9:GK6AJ:D;A>;:>CHJG6C8:EDA>8>:H ):I9:;:GG:9I6M6HH:IH *I=:G6HH:IH /DI6A6HH:IH "8018;8C84B0=3BC>2:7>;34ABK4@D8CH )DC>CI:G:HI 7:6G>C< $CI:G:HI 7:6G>C< /DI6A9:EDH>IH .:8JG>I>:HHDA9JC9:G6CC6I:99:7:CIJG:H6C9HJ7DG9>C6I:9CDI:HE6N67A: 88GJ:9:ME:CH:H6C9DI=:GA>67>A>I>:H /DI6AA>67>A>I>:H )C>2:7>;34ABK4@D8CH DBBDCHID8@ E6GK6AJ: 6JI=DG>O:9 H=6G:H H=6G:H>HHJ:96C9DJIHI6C9>C<6I .:EI:B7:G 6C9 H=6G:H>HHJ:96C9DJIHI6C9>C<6I.:EI:B7:G 99>I>DC6AE6>9 >C86E>I6A -:I6>C:9:6GC>CK:>C8DB:ADHH /DI6AHID8@=DA9:GH:FJ>IN /DI6AA>67>A>I>:H6C9HID8@=DA9:GH:FJ>IN

&11-//;9<-:E5:3:;@1?

 (*-)*($$%(& $ >=B>;830C43)C0C4<4=CB>5 =2><4 0--"34*/)064"/%49$&15)"3&"/%&3)"3&"5"

8B20;/40AB=343)4?C4<14A =C4A4BC8=2><4 'D6CH $CK:HIB:CIH:8JG>I>:H !:9:G6A;JC9HHDA96C9DI=:G /DI6A>CI:G:HI>C8DB: =C4A4BC4G?4=B4 :EDH>IH !#'69K6C8:H6C9DI=:G7DGGDL>CC6I:99:7:CIJG:H6C9HJ7DG9>C6I:9CDI:HE6N67A: /DI6A>CI:G:HI:ME:CH: $4C8=C4A4BC8=2><4 +GDK>H>DC;DGAD6C6C9A:6H:ADHH:H $4C8=C4A4BC8=2><405C4A?A>E8B8>=5>A;>0=0=3;40B4;>BB4B $>=8=C4A4BC8=2><4 .:GK>8:8=6G<:H6C9DI=:G;::H 2:6AI=B6C6<:B:CI;::H (DGI<6<:76C@>C<>C8DB: C:I ):IADHH<6>CDCH6A:D;H:8JG>I>:H ):I>C8G:6H:9:8G:6H:>C;6>GK6AJ:D;AD6CH6I;6>GK6AJ: ):IG:6A>O:96C9JCG:6A>O:9ADHH<6>CDC9:G>K6I>K:H *I=:G /DI6ACDC>CI:G:HI>C8DB: $>=8=C4A4BC4G?4=B4 .6A6G>:H6C9:BEADN::7:C:;>IH 6I6EGD8:HH>C<6C98DBBJC>86I>DC *88JE6C8N6C9:FJ>EB:CI +GD;:HH>DC6A;::H 9K:GI>H>C< ):IADHHDCG:EDHH:HH:9EGDE:GIN6C9DI=:GG:A6I:9:ME:CH:H 8FJ>H>I>DC:ME:CH:H J S *I=:G /DI6ACDC>CI:G:HI:ME:CH: =2><4145>A48=2><4C0G4B +GDK>H>DC;DG>C8DB:I6M:H $4C8=2><4 0B8240A=8=6B?4A2><<>=B70A4 2:><=I:96K:G6<:8DBBDCH=6G:HDJIHI6C9>C< 6H>8:6GC>C<<>=B70A4 2:><=I:96K:G6<:9>AJI:98DBBDCH=6G:HDJIHI6C9>C< >AJI:9:6GC>CK>9:C9HE6>9 >K>9:C9HE:GH=6G:

&11-//;9<-:E5:3:;@1?

 (*-)*($$%(& $ >=B>;830C43)C0C4<4=CB>5><4 0--"34*/)064"/%4

8B20;/40AB=343)4?C4<14A $4C8=2><4 %C74A2><4;>BB=4C>5C0G )42DA8C84B0E08;01;45>AB0;4 ):IJCG:6A>O:9=DA9>C<<6>CADHH6G>H>C<9JG>CD9 -:8A6HH>;>86I>DC69?JHIB:CI;DGC:IADHH<6>CG:6A>O:9>CC:I>C8DB: $C8DB:I6M:ME:CH:7:C:;>I ):I8=6C<:>CJCG:6A>O:9<6>CADHHDCH:8JG>I>:H6K6>A67A:;DGH6A: 458=4314=458C?4=B8>=?;0=>1;860C8>=L ):IJCG:6A>O:9=DA9>C<<6>CADHH6G>H>C<9JG>CD9 J $C8DB:I6M:ME:CH:7:C:;>I J ):I8=6C<:>CJCG:6A>O:9<6>CADHH>C9:;>C:97:C:;>IE:CH>DCEA6CD7A><6I>DC J *I=:G8DBEG:=:CH>K:>C8DB:ADHH C:ID;I6M ><4

/=:DBE6CNHD6G9D; >G:8IDGHKDI:9IDI:GB>C6I:I=:9:;>C:97:C:;>IE:CH>DCEA6C+:CH>DC+A6C:;;:8I>K:!:7GJ6GN /G6CH;:GD;6AA+:CH>DC+A6C6HH:IH A>67>A>I>:H 6C969B>C>HIG6I>K:G:HEDCH>7>A>I>:HL:G:8DBEA:I:96HD;.:EI:B7:G

&11-//;9<-:E5:3:;@1?

 (*-)*($$%(& $ >=B>;830C43)C0C4<4=CB>5)C>2:7>;34AB@D8CH 0--"34*/)064"/%49$&15)"3&"/%&3)"3&"5"

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

JBJA6I>K::;;:8I69?JHIB:CIG:A6I:HIDI=:69DEI>DCD;.0 ;9<1:?-@5;:&@;/7-?10;9<1:?-@5;:';<5/ 9<>;B191:@?@;9<8;E11&4->1-?10#-E91:@ //;A:@5:3 -:8A6HH>;>86I>DC9J:ID69DEI>DCD;.0 :/;91&@-@191:@%1<;>@5:3;9<>141:?5B1:/;91';<5/ %1/8-??525/-@5;:;21>@-5:'-D221/@?2>;9//A9A8-@10 "@41>;9<>141:?5B1:/;91

&11-//;9<-:E5:3:;@1?

 (*-)*($$%(& $ >=B>;830C43)C0C4<4=CB>50B7;>FB 0--"34*/)064"/%4

8B20;/40AB=343)4?C4<14A %?4A0C8=602C8E8C84B ):I>C8DB: 9?JHIB:CIHIDG:8DC8>A:C:I>C8DB:IDC:I86H=EGDK>9:97NDE:G6I>C<68I>K>I>:H :EG:8>6I>DC6C96BDGI>O6I>DC BDGI>O6I>DCD;! $>C9:BC>;>86I>DC6HH:I ):IADHHDCH6A:D;H:8JG>I>:H6C9DI=:G6HH:IH "6>CDCG:9:BEI>DCD;HJ7DG9>C6I:99:7:CIJG:H J S ):I<6>CDCH6A:D;AD6CH +GDK>H>DC;DGAD6C6C9A:6H:ADHH:H -:K:GH6AD;EGDK>H>DC;DGAD6CH:GK>8>C<=IHADHH .ID8@ 76H:98DBE:CH6I>DC *G><>C6I>DCHD;G:H>9:CI>6AG:6A:HI6I:AD6CH=:A9;DGH6A: +GD8::9H;GDBH6A:HD;G:H>9:CI>6AG:6A:HI6I:AD6CH=:A9;DGH6A: ):I9:;:GG:9>C8DB:I6M:H =6C<:H>C 88GJ:9>CI:G:HIG:8:>K67A: *I=:G6HH:IH 88GJ:9>CI:G:HIE6N67A:6C9DI=:GA>67>A>I>:H ):I86H=EGDK>9:97NDE:G6I>C<68I>K>I>:H =E4BC8=602C8E8C84B +JG8=6H:D;H:8JG>I>:H6K6>A67A:;DGH6A: +GD8::9H;GDBH6A:HD;H:8JG>I>:H6K6>A67A:;DGH6A: +GD8::9H;GDBB6IJG>I>:HD;H:8JG>I>:H6K6>A67A:;DGH6A: ):I>C8G:6H:>CAD6CH +6NB:CID;8DK:G:9ADHH:H;GDB! $>C9:BC>;>86I>DC8A6>BH +JG8=6H:D;EG:B>H:H6C9:FJ>EB:CI +GD8::9H;GDBH6A:D;EG:B>H:H6C9:FJ>EB:CI +GD8::9H;GDBH6A:D;G:EDHH:HH:9EGDE:GIN +JG8=6H:D;!#'HID8@ +GD8::9H;GDBG:9:BEI>DCD;!#'HID8@ ):I86H=JH:9>C>CK:HI>C<68I>K>I>:H 8=0=28=602C8E8C84B ):I>C8G:6H:>C9:EDH>IH ):I9:8G:6H:>C8G:6H:>CH:8JG>I>:HHDA9JC9:G6CCCDCD;HJ7DG9>C6I:99:7:CIJG:H J S DBBDCHID8@G:EJG8=6H:9 S /6M:HE6>9G:A6I:9IDC:IH=6G:H:IIA:B:CID;:FJ>IN6L6G9H >K>9:C9HE6>9 ):I86H=EGDK>9:97N;>C6C8>C<68I>K>I>:H ):I9:8G:6H:>C86H=6C986H=:FJ>K6A:CIH 6H=6C986H=:FJ>K6A:CIH 7:<>CC>CD9 6H=6C986H=:FJ>K6A:CIH :C9D;E:G>D9 )D??;4<4=C0;38B2;>BDA4>520B75;>F8=5>A<0C8>= 6H=E6NB:CIH;DG>CI:G:HI 6H=E6NB:CIH;DG>C8DB:I6M:H )D??;4<4=C0;38B2;>BDA4>5=>=20B78=E4BC8=60=358=0=28=602C8E8C84B 'D6CHIG6CH;:GG:9IDG:EDHH:HH:9EGDE:GI>:H &11-//;9<-:E5:3:;@1?

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

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

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

/=:DBE6CN:K6AJ6I:9HJ7H:FJ:CI:K:CIHI=GDJ<=I=:96I:>IH8DCHDA>96I:9;>C6C8>6AHI6I:B:CIHL:G:>HHJ:9 *I=:GI=6C I=DH:9:H8G>7:967DK: I=:G:L:G:CDDI=:GB6I:G>6A:K:CIHDGIG6CH68I>DCHI=6ILDJA9G:FJ>G:G:8DI>DCDCI=:8DCHDA>96I:9 ;>C6C8>6AHI6I:B:CIHDG9>H8ADHJG:>CI=:CDI:HIDI=:8DCHDA>96I:9;>C6C8>6AHI6I:B:CIH DB8=4BB><18=0C8>=B /=:DBE6CN688DJCIH;DG7JH>C:HH8DB7>C6I>DCHJC9:GI=:68FJ>H>I>DCB:I=D9D;688DJCI>C<>C688DG96C8:L>I=. /DE>8 A?5:1??;9.5:-@5;:?. /=:DBE6CNG:8DO:HI=:;6>GK6AJ:D;I=:6HH:IH68FJ>G:96C9A>67>A>I>:H 6HHJB:9 >BB:9>6I:AN:ME:CH:HIG6CH68I>DC8DHIH6C9688DJCIH;DGG:HIGJ8IJG>CC:HH8DB7>C6I>DC /=:G:>HCDH:E6G6I:G:8DI>DCD;I=:68FJ>G:96AADL6C8:;DGAD6C6C9A:6H:ADHH:HDCI=:68FJ>G:GVH76A6C8:H=::I6H8G:9>I G:A6I:9;68IDGH6G:>C8DGEDG6I:99>G:8IAN>CIDI=:;6>GK6AJ:D;I=:AD6CHG:8DG9:96II=:68FJ>H>I>DC96I: /=::M8:HHD;I=:8DHID; I=:68FJ>H>I>DCDK:GI=:;6>GK6AJ:D;I=:C:II6C<>7A:6C9>CI6C<>7A:6HH:IH68FJ>G:9>HG:8DG9:96HAA AI:GC6I>K:AN 6 76G<6>CEJG8=6H:<6>C>HG:8DG9:9:FJ6AIDI=:6BDJCI7NL=>8=I=:;6>GK6AJ:D;6HH:IHEJG8=6H:9:M8::9HI=:;6>GK6AJ:D; A>67>A>I>:H6HHJB:96C98DCH>9:G6I>DCE6>9 -:HJAIHD;DE:G6I>DCHD;I=:68FJ>G:97JH>C:HH6G:>C8AJ9:9DCI=:8DCHDA>96I:9HI6I:B:CIHD;>C8DB:;GDBI=::;;:8I>K: 96I:D;68FJ>H>I>DC !6>GK6AJ:H6G:HJ7?:8IIDG:;>C:B:CI;DGJEID6N:6G6;I:GI=:8ADH>C<96I:D;6C68FJ>H>I>DC6H>C;DGB6I>DCG:A6I>K:ID 8ADH>C<96I:;6>GK6AJ:H7:8DB:H6K6>A67A: 9?JHIB:CIHG:8DG9:9IDI=:68FJ>G:96HH:IH6C9A>67>A>I>:H6G:6EEA>:9EGDHE:8I>K:AN>C 688DG96C8:L>I=.0 0B70=30B7@D8E0;4=CB !DGEJGEDH:HD;I=:8DCHDA>96I:9HI6I:B:CIHD;86H=;ADLH B6C6<:B:CI=6H9:;>C:986H=6C986H=:FJ>K6A:CIHID>C8AJ9: 86H=DC=6C9 6BDJCIH9J:;GDB76C@H>C8AJ9>C<86H=>I:BH>CEGD8:HHD;8A:6G>C< 6C96BDJCIH=:A96IDI=:G;>C6C8>6A >CHI>IJI>DCHL>I=6C>C>I>6AB6IJG>IND;96NHDGA:HH )42DA8C84B /=:DBE6CN8A6HH>;>:HH:8JG>I>:HJEDCEJG8=6H:>CDC:D;I=G::86I::HIG69>C< =:A9IDB6IJG>IN DG6K6>A67A:;DG H6A: :7I6C9:FJ>INH:8JG>I>:H=:A9;DGG:H6A:6G:8A6HH>;>:96HIG69>C< :7IH:8JG>I>:H;DGL=>8=I=:DBE6CN=6HI=:67>A>IN6C9 EDH>I>K:>CI:CIID=DA9JCI>AB6IJG>IN6G:8A6HH>;>:96H=:A9IDB6IJG>IN AADI=:GH:8JG>I>:H6G:8A6HH>;>:96H6K6>A67A:;DGH6A:6H I=:NB6N7:HDA9EG>DGIDB6IJG>IN>CG:HEDCH:ID8=6C<:H>CI=:DBE6CNVH>CI:G:HIG6I:G>H@EGD;>A: ;JC9>CO:99:EDH>IH7NEJ7A>8:CI>I>:HDGDI=:GG:6HDCH #:A9IDB6IJG>INH:8JG>I>:H6G:HI6I:96I6BDGI>O:98DHI L=>8=G:EG:H:CIH68IJ6A8DHI69?JHI:9;DGEG:B>JB6BDGI>O6I>DC 6C99>H8DJCI688G:I>DC K6>A67A:;DGH6A:H:8JG>I>:H6G:HI6I:96I;6>GK6AJ: L>I=JCG:6A>O:9<6>CH6C9ADHH:H C:ID;G:A6I:9I6M:H >C8AJ9:9>CHID8@=DA9:GHV:FJ>IN6H68DBEDC:CID;688JBJA6I:9DI=:G8DBEG:=:CH>K:>C8DB:ADHH /G69>CI>:H6G:HI6I:9 6I;6>GK6AJ: -:6A>O:96C9JCG:6A>O:9<6>CH6C9ADHH:H;GDBH6A:H6C9;6>GK6AJ:69?JHIB:CIHD;IG69>CI>:H6G:>C8AJ9:9>C DI=:GCDC>CI:G:HI>C8DB:DCI=:8DCHDA>96I:9HI6I:B:CIHD;>C8DB: +JG8=6H:H6C9H6A:HD;H:8JG>I>:H6G:G:8DO:9DC6IG69:96I:76H>H /=:8DHID;H:8JG>I>:HHDA9>H76H:9DCI=:HE:8>;>8 >9:CI>;>86I>DCB:I=D9 :8A>C:H>CI=:;6>GK6AJ:D;>CK:HIB:CIH:8JG>I>:H6K6>A67A:;DGH6A:I=6I6G:9::B:9ID7:DI=:G I=6C I:BEDG6GN6G: G:8DO:9>C:6GC>CO:9ADHH 6C96C:L8DHI76H>H;DGI=:H:8JG>I>:H>H:HI67A>H=:9 $C:K6AJ6I>CBE6>GB:CI B6C6<:B:CI8DCH>9:GHI=:A:CB:6C9:MI:CIIDL=>8=I=:;6>GK6AJ:=6H7::CA:HHI=6C6BDGI>O:98DHI I=: ;>C6C8>6A8DC9>I>DC6C9C:6G I:GBEGDHE:8IHD;I=:>HHJ:G 6C9I=:>CI:CI6C967>A>IND;I=:DBE6CNIDG:I6>C>IH>CK:HIB:CI>CI=: >HHJ:G;DG6E:G>D9D;I>B:HJ;;>8>:CIID6AADL;DG6CN6CI>8>E6I:9G:8DK:GN>C;6>GK6AJ:>CI=:C:6GI:GB :8A>C:H>CI=:;6>GK6AJ: D;9:7IH:8JG>I>:H7:ADL6BDGI>O:98DHI6G:9::B:9ID7:DI=:G I=6C I:BEDG6GN>C8>G8JBHI6C8:HL=:G:I=:DBE6CN=6HI=: >CI:CIIDH:AA6H:8JG>IN>I>HBDG: A>@:AN I=6C CDII=6II=:DBE6CNL>AA7:G:FJ>G:9IDH:AAI=:H:8JG>IN7:;DG:G:8DK:GND;>IH 6BDGI>O:98DHI76H>HDGI=:DBE6CN9D:HCDI:ME:8IIDG:8DK:GI=::CI>G:6BDGI>O:98DHI76H>HD;I=:H:8JG>IN $;I=: DBE6CN>CI:C9HIDH:AA6H:8JG>INDG>;>I>HBDG: A>@:AN I=6C CDII=6II=:DBE6CNL>AA7:G:FJ>G:9IDH:AAI=:H:8JG>IN7:;DG: G:8DK:GN 6CDI=:G I=6C I:BEDG6GN>BE6>GB:CIADHH>HG:8DO:9>C:6GC>C;;:G:C8:7:IL::CI=:H:8JG>INVH 6BDGI>O:98DHI76H>H6C9>IH;6>GK6AJ: $;I=:DBE6CN9D:HCDI>CI:C9IDH:AAI=:H:8JG>INDG>I>HCDIBDG: A>@:AN I=6C CDII=6I>I L>AA7:G:FJ>G:9IDH:AAI=:H:8JG>IN7:;DG:G:8DK:GN I=:DI=:G I=6C I:BEDG6GN>BE6>GB:CILG>I: 9DLC>HH:E6G6I:9>CID6C6BDJCI G:EG:H:CI>C<8G:9>IADHH L=>8=>HG:8DO:9>C:6GC>C8=>HG:8DO:9>CDI=:G 8DBEG:=:CH>K:>C8DB:ADHH $CI:G:HI6C99>K>9:C9H >C8AJ9>C<6BDGI>O6I>DCD;EG:B>JBH6C9688G:I>DCD;9>H8DJCIH 6G:G:8DO:96H>CI:G:HI>C8DB: L=:C:6GC:9 -:6A>O:9<6>CH6C9ADHH:HDCH6A:HJH>C;>8>9:CI>;>86I>DCB:I=D96C99:8A>C:H>CK6AJ:?J9<:9ID7: DI=:G I=6C I:BEDG6GN6G:>C8AJ9:9>CCDC>CI:G:HI>C8DB:DCI=:8DCHDA>96I:9HI6I:B:CIHD;>C8DB:

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

434A0;><4">0=0=:)C>2: $CK:HIB:CIH>CI=:!#'HID8@6G:G:HIG>8I:96HIDG:9:BEI>DC6C96G:86GG>:96I8DHI $CK:HIB:CIH>C!#'HID8@6G: G:K>:L:9G:7A:DI=:G I=6C I:BEDG6GN>BE6>GB:CI 6C9I=:8DHI76H>HD;I=>H>CK:HIB:CI>HG:9J8:97N6CN9:8A>C:H >CK6AJ:9:I:GB>C:9ID7:DI=:G I=6C I:BEDG6GN !#'HID8@>H>C8AJ9:9>CDI=:G6HH:IHDCI=:8DCHDA>96I:976A6C8:H=::IH ">0=B /=:DBE6CNVH688DJCI>C;;:GH9:E:C9>C<>C6I:9DGEJG8=6H:96C9 ;DGEJG8=6H:9AD6CH L=:I=:GI=:AD6CHL:G:68FJ>G:96I69>H8DJCIG:A6I:9ID:K>9:C8:D;8G:9>I9:I:G>DG6I>DCH>C8:96I:D; DG><>C6I>DC ">535:-@10 ;-:? 'D6CHI=6IB6C6<:B:CI=6HI=:>CI:CI6C967>A>INID=DA9;DGI=:;DG:H::67A:;JIJG: DGJCI>AB6IJG>INDGE6N D;; JHJ6AAN 6G:G:EDGI:96II=:>GDJIHI6C9>CC8>E6A76A6C8: 69?JHI:9;DG8=6G<: D;;H I=:6AADL6C8:;DGAD6C6C9A:6H:ADHH:H 6C96CN JC6BDGI>O:99:;:GG:9;::HDG8DHIH *I=:G;::HCDI6HHD8>6I:9L>I=DG><>C6I>C<6AD6C6G:G:8DO:96H;::>C8DB:L=:C:6GC:9 $CI:G:HI>C8DB:DCAD6CH>H688GJ:996>ANDCI=:DJIHI6C9>C<76A6C8:H AD6C>HEA68:9DCCDC688GJ6AHI6IJHL=:C B6C6<:B:CI7:A>:K:H 6;I:G8DCH>9:G>C<8DAA:8I>DC:;;DGIH6C9DI=:G;68IDGH I=:7DGGDL:GH8DC9>I>DC>HHJ8=I=6I8DAA:8I>DCD; >CI:G:HI>H9DJ7I;JA L=>8=>H<:C:G6AAN96NHE6HI9J: 2=:CAD6CH6G:EA68:9DCCDC688GJ6AHI6IJH 688GJ6AD;>CI:G:HI>H 9>H8DCI>CJ:96C9>CI:G:HIG:8:>K67A:>HG:K:GH:96<6>CHI>CI:G:HI>C8DB:>CI=:8JGG:CIE:G>D9 $CI:G:HIE6NB:CIHG:8:>K:9I=:G:6;I:G 6G:6EEA>:96H6G:9J8I>DCIDI=:G:B6>C>CC8>E6A76A6C8:6HADC<6H8DC8:GC:M>HIH6HIDI=:JAI>B6I:8DAA:8I>DCD;I=:EG>C8>E6A 'D6CH6G:G:BDK:9;GDBCDC688GJ6AHI6IJHL=:CI=:N7:8DB:8JGG:CI6HID7DI=EG>C8>E6A6C9>CI:G:HI6C98DC8:GCCDADC<:G :M>HIH6HIDI=:8DAA:8I67>A>IND;EG>C8>E6A6C9>CI:G:HI /=:DBE6CN=6H:A:8I:9IDB:6HJG:8:GI6>CADC< I:GBAD6CH6C9LG>II:CAD6C8DBB>IB:CIH6I;6>GK6AJ:ID6HH>HI>C B6C6<>C<>CI:G:HIG6I:G>H@;DGADC<:G I:GBAD6CH !6>GK6AJ:AD6CH6G:;>M:9 G6I:AD6CH=6K>C<>C6AB6IJG>I>:HD;N:6GHDG 86AAN7:IL::C6C9N:6GHIDDJG7JH>C:HH6C96 7JH>C:HH76C@>C<8JHIDB:GHID6HH>HII=:B>C;68>A>I6I>CG G>H@B6C6<:B:CIHIG6I:<>:H /=:;6>GK6AJ:DEI>DCL6H:A:8I:9JEDCI=:DG><>C6I>DCDG68FJ>H>I>DCD;I=:H:AD6CH6C9LG>II:CAD6C 8DBB>IB:CIH $CI:G:HI>C8DB:>HG:8DO:9>CI=:H6B:B6CC:GDCAD6CHG:EDGI:96I;6>GK6AJ:6HDCCDC ;6>GK6AJ:AD6CH :M8:EI >CG:<6G9IDDG><>C6I>DC;::H6C98DHIHL=>8=6G:G:8DO:9>BB:9>6I:ANJEDC8ADH>C< /=:8=6C<:H>C;6>GK6AJ:D;ADC< I:GB AD6CH6C9LG>II:CAD6C8DBB>IB:CIH6I;6>GK6AJ:6G:G:EDGI:9>CCDC>CI:G:HI>C8DB: !DGAD6CH=:A9;DGH6A: AD6C;::H8=6G<:9DGG:8:>K:9DCDG><>C6I>DC C:ID;8:GI6>C9>G:8IAD6CDG><>C6I>DC8DHIH 6G: G:8DO:9>C>C8DB:L=:CI=:G:A6I:9AD6C>HHDA9 !DGAD6CH=:A9;DG>CK:HIB:CI AD6C;::H C:ID;8:GI6>C9>G:8IAD6CDG><>C6I>DC 8DHIH 6G:9:;:GG:96C9I=:C:I6BDJCI>H6BDGI>O:96H6C69?JHIB:CID;I=:G:A6I:9AD6CVHN>:A9 /=:DBE6CN>H<:C:G6AAN 6BDGI>O>CK:HD;I=:AD6CH DBB>IB:CI;::H6G:G:8DO:96H>C8DB:L=:CG:8:>K:9 /=:DBE6CNB6@:H8DBB:G8>6A 68JAIJG6A G:H>9:CI>6AG:6A:HI6I: 8DCHJB:G6C9DI=:GAD6CHID8JHIDB:GHEG>B6G>AN>C G>ODC6 DADG69D $DL6 &6CH6H (>CC:HDI6 (>HHDJG> ):7G6H@6 )DGI= 6@DI66C9.DJI= 6@DI6 /=:6BDJCID;8DAA6I:G6A D7I6>C:9 >;9::B:9C:8:HH6GN >H76H:9DCB6C6<:B:CIVH8G:9>I:K6AJ6I>DCD;I=:7DGGDL:G DAA6I:G6A=:A9K6G>:H7JI>C8AJ9:H 688DJCIHG:8:>K67A: B6G@:I67A:H:8JG>I>:H >CK:CIDGN :FJ>EB:CI6C9G:6A:HI6I: +:GHDC6A:H6C9C:9;DGHDB:AD6CH L=>8=G:9J8:HI=:DBE6CNVHG>H@D;ADHH 'D6CHDG><>C6I:96C9>CI:C9:9;DGH6A:>CI=:H:8DC96GNB6G@:I6G:86GG>:96II=:ADL:GD;8DHIDG;6>GK6AJ: 'D6CH=:A9 ;DGH6A:>C8AJ9:;>M:9G6I:H>CANG:H>9:CI>6ABDGI<6<:AD6CHJC9:G8DCIG68IID7:HDA9>CI=:H:8DC96GNB6G@:I $CBDHI 86H:H AD6CH6G:86GG>:96I8DHI6C9HDA9L>I=>C96NH /=:H:AD6CH6G:HDA9L>I=I=:BDGI<6<:H:GK>8>C<=IHG:A:6H:9 0C9:G A>B>I:98>G8JBHI6C8:H 7JN:GHB6N=6K:G:8DJGH:IDG:IJGC6EJG8=6H:9AD6CIDI=:DBE6CN -:8DJGH:8DC9>I>DCHB6N>C8AJ9: :6GANE6NB:CI9:;6JAI 7G:68=D;G:EG:H:CI6I>DCDGL6GG6CI>:H DG9D8JB:CI6I>DC9:;>8>:C8>:H !6>GK6AJ:D;AD6CH=:A9;DGH6A:>H9:I:GB>C:976H:9DCEG:K6>A>C8:H;DGAD6CHL>I=H>B>A6G8=6G68I:G>HI>8H H6A:8DCIG68IEG>8:H DG ;DG8:GI6>CEDGI;DA>DH 9>H8DJCI:986H=;ADL6C6ANH>H :8A>C:H>C;6>GK6AJ:7:ADL8DHI6C9HJ7H:FJ:CI G:8DK:G>:H6G:G:8DO:9>CC:I<6>CDCH6A:D;AD6CH :;:GG:9;::H6C98DHIHG:A6I:9IDI=:H:AD6CH6G:CDI6BDGI>O:97JI6G: G:8DO:96HE6GID;I=:8DHI76H>HD;I=:AD6C6II=:I>B:>I>HHDA9 "6>CHDGADHH:HDCH6A:H6G:G:8DO:9JEDC9:A>K:GN6C9 >C8AJ9:9>CC:I<6>CDCH6A:D;AD6CH #A>/4-?10 ;-:? 'D6CH68FJ>G:9CDC >BE6>G:96C9>BE6>G:9>C67JH>C:HH68FJ>H>I>DC6G:G:8DG9:96II=:>G;6>GK6AJ:6II=:68FJ>H>I>DC 96I: G:9>I9>H8DJCIH6G:>C8AJ9:9>CI=:9:I:GB>C6I>DCD;;6>GK6AJ:I=:G:;DG: 6C6AADL6C8:;DGAD6C6C9A:6H:ADHH:H>HCDI G:8DG9:96II=:68FJ>H>I>DC96I:

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

$C9:I:GB>C>CH>I>DC96I:;6>GK6AJ:D;EJG8=6H:9AD6CHL>I=:K>9:C8:D;8G:9>I9:I:G>DG6I>DCEJG8=6H:9 >BE6>G:9AD6CH 6C9>CHJ7H:FJ:CI688DJCI>C< I=:DBE6CN<:C:G6AAN6<BE6>G:9EJG8=6H:98DCHJB:G6C98:GI6>C HB6AA:G76A6C8:>BE6>G:98DBB:G8>6AAD6CH>CIDEDDAHD;AD6CHL>I=8DBBDCG>H@8=6G68I:G>HI>8H L=>A:688DJCI>C<;DGA6G<:G 76A6C8:>BE6>G:98DBB:G8>6AAD6CH>C9>K>9J6AAN ME:8I:986H=;ADLH6II=:68FJ>H>I>DC96I:>C:M8:HHD;I=:;6>GK6AJ:D;AD6CH 6G:G:8DG9:96H>CI:G:HI>C8DB:DK:GI=:A>;:D;I=:AD6CHJH>C<6A:K:A N>:A9B:I=D9 (6C6<:B:CI:HI>B6I:HI=:86H=;ADLH:ME:8I:9ID7:8DAA:8I:96I68FJ>H>I>DC6C96IHJ7H:FJ:CIB:6HJG:B:CI96I:HJH>C< >CI:GC6AG>H@BD9:AH L=>8=>C8DGEDG6I:I=::HI>B6I:D;@:N6HHJBEI>DCH HJ8=6H9:;6JAIG6I:H ADHHH:K:G>IN 6C9EG:E6NB:CI HE::9H .J7H:FJ:CIIDI=:68FJ>H>I>DC96I: 9:8G:6H:H>C86H=;ADLHDK:GI=DH::ME:8I:96II=:68FJ>H>I>DC96I:6G:G:8DO:97N G:8DG9>C<6C6AADL6C8:;DGAD6C6C9A:6H:ADHH:H .J7H:FJ:CI>C8G:6H:H>C86H=;ADLDK:GI=DH::ME:8I:96II=:68FJ>H>I>DC96I:6G: G:8DO:96HG:9J8I>DCHID6AADL6C8:;DGAD6C6C9A:6H:ADHH:HIDI=::MI:CI>BE6>GB:CIL6HEG:K>DJHANG:8DO:96C9I=:G:6;I:G 6H>CI:G:HI>C8DB:EGDHE:8I>K:AN !DGEJG8=6H:9AD6CHCDI9::B:9>BE6>G:96II=:68FJ>H>I>DC96I: I=:9>;;:G:C8:7:IL::CI=:;6>GK6AJ:6C9I=:JCE6>9 EG>C8>E6A76A6C8:D;I=:AD6C6I68FJ>H>I>DC96I:>H6BDGI>O:9DG688G:I:9ID>CI:G:HI>C8DB:JH>CK:>CI:G:HIB:I=D9 DK:GI=:G:B6>C>CD9ID8DCIG68IJ6AB6IJG>IN >105@%5?7 -:-3191:@ /=:DBE6CNVHHIG6I:IG>H@B6C6<:B:CI>C8AJ9:HL:AA 9:;>C:9 8:CIG6A>O:98G:9>IEDA>8>:H JC>;DGB JC9:GLG>I>C<8G>I:G>66C9DCCH@BDC>IDG>C<6C9G:K>:LEGD8:HH:H;DG6AA8G:9>I:MEDHJG:H /=:HIG6I:O:H 9>K:GH>;>86I>DCDC6<:D8 >C9JHIGN AD6C8A6HHINE: 6C98JHIDB:GA:K:AG:I:M6B>C6I>DCH6C9B6C6<:B:CI G:K>:LHD;AD6CH:M=>7>I>C<9:I:G>DG6I>DCD;8G:9>IFJ6A>IN /=:8G:9>IG>H@B6C6<:B:CIHIG6I:C8AJ9:H68G:9>IG>H@ 6HH:HHB:CIEGD8:HHI=6IE:G;DGBH6HH:HHB:CIHD;8DBEA>6C8:L>I=8DBB:G8>6A6C98DCHJB:G8G:9>IEDA>8>:H G>H@G6I>CI>86A8G:9>I>C;DGB6I>DC 'D6C9:8>H>DCH6G:9D8JB:CI:9L>I=G:HE:8IIDI=:7DGGDL:GVH7JH>C:HH EJGEDH:D;I=:AD6C :K6AJ6I>DCD;I=:G:E6NB:CIHDJG8:H 6C9I=:6HHD8>6I:9G>H@H :K6AJ6I>DCD;8DAA6I:G6A 8DK:C6CIH6C9BDC>IDG>CG:B:CIH 6C9G>H@G6I>CDC6A: /=:DBE6CN86I:O:H>IHAD6CEDGI;DA>D>CIDH>M8A6HH:H L=>8=>HI=:A:K:A6IL=>8=>I9:K:ADEH6C99D8JB:CIH6 HNHI:B6I>8B:I=D9DADC:I=:6AADL6C8:;DGAD6C6C9A:6H:ADHH:H /=:DBE6CNVHH>MAD6CEDGI;DA>D8A6HH:H6G: 8DBB:G8>6AG:6A:HI6I: 68JAIJG: 8DBB:G8>6ACDC G:6A:HI6I: G:H>9:CI>6AG:6A:HI6I: 8DCHJB:G6C9DI=:GA:C9>C< /=:8DBB:G8>6AG:6A:HI6I:A:C9>C<8A6HH>C8AJ9:HAD6CHB69:IDHB6AA6C9B>99A:B6G@:I7JH>C:HH:H >C8AJ9>C ;6B>ANEGDE:GI>:H 'D6CH>CI=>H8A6HH6G:<:C:G6AANH:8JG:97N8DBB:G8>6AG:6A:HI6I:L>I=86H=;ADLH<:C:G6AAN7:>CB6GN HDJG8:D;G:E6NB:CI #>HIDG>86AADHH=>HIDGN6C9JE96I:9AD6C ID K6AJ:>C;DGB6I>DCDC8DAA6I:G6A 9:E:C9:CIAD6CH6G:I=:EG>B6GN ;68IDGH>C9:I:GB>C>C6AG:6A:HI6I:A:C9>C<8A6HH &:NG>H@8=6G68I:G>HI>8H G:A:K6CIIDI=:8DBB:G8>6AG:6A:HI6I:A:C9>C<8A6HH>C8AJ9:I=:>C9JHIGN6C9<:DC:HH EJGEDH:D;I=: AD6C G:E6NB:CIHDJG8:H 7DGGDL:GVH9:7I86E68>IN6C9;>C6C8>6AE:G;DGB6C8: AD6C8DK:C6CIH 9:GHI=:H:G>H@8=6G68I:G>HI>8H>C6HH>CH@G6I>CB6I>C<:CK>GDCB:CI6A;68IDGH 8DCH>9:G:9>C9:I:GB>C>C8JAIJG:A:C9>C<8A6HH>C8AJ9:HAD6CHB69:ID68JAIJG6A>C9>K>9J6AH6C97JH>C:HH:H 'D6CH>CI=>H8A6HH6G: <:C:G6AANH:8JG:97NDE:G6I>C<6HH:IH6C968JAIJG:G:6A:HI6I:6C9B6GN HDJG8:D;G:E6NB:CI #>HIDG>86AADHH=>HIDGN6C9JE96I:9AD6C ID K6AJ:>C;DGB6I>DCDC8DAA6I:G6A 9:E:C9:CIAD6CH6G:I=:EG>B6GN ;68IDGH>C9:I:GB>C>C8JAIJG:A:C9>C<8A6HH &:NG>H@8=6G68I:G>HI>8HG:A:K6CIID I=:68JAIJG:A:C9>C<8A6HH>C8AJ9:I=:<:DDCH 8DBBD9>INEG>8:H6C9L:6I=:GE6II:GCH EJGEDH: D;I=:AD6C G:E6NB:CIHDJG8:H 7DGGDL:GVH9:7I86E68>IN6C9;>C6C8>6AE:G;DGB6C8: AD6C8DK:C6CIH 9:GHI=:H:G>H@8=6G68I:G>HI>8H>C6HH>CH@G6I>CB6I>C<:CK>GDCB:CI6A ;68IDGH8DCH>9:G:9>C9:I:GB>C>C6ACDC G:6A:HI6I:A:C9>C<8A6HH>C8AJ9:HAD6CHB69:IDHB6AA6C9B>99A:B6G@:I7JH>C:HH:H 6C9AD6CH B69:IDEJ7A>8H:8IDG8JHIDB:GH 'D6CH>CI=>H8A6HH6G:<:C:G6AANH:8JG:97N7JH>C:HH6HH:IH6C9B6GNHDJG8:D;G:E6NB:CI #>HIDG>86AADHH=>HIDGN6C9JE96I:9AD6C ID K6AJ:>C;DGB6I>DCDC8DAA6I:G6A 9:E:C9:CIAD6CH6G:I=:EG>B6GN;68IDGH>C9:I:GB>C>C6ACDC G:6A:HI6I: A:C9>C<8A6HH &:NG>H@8=6G68I:G>HI>8HG:A:K6CIIDI=:8DBB:G8>6ACDC G:6A:HI6I:A:C9>C<8A6HH>C8AJ9:I=:>C9JHIGN6C9<:DC:HH EJGEDH:D;I=:AD6C G:E6NB:CIHDJG8:H 7DGGDL:GVH9:7I86E68>IN6C9;>C6C8>6AE:G;DGB6C8: AD6C 8DK:C6CIH 9:GHI=:H:G>H@8=6G68I:G>HI>8H>C6HH>CH@G6I>CB6I>C<:CK>GDCB:CI6A;68IDGH8DCH>9:G:9>C9:I:GB>C>C

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

/=:G:H>9:CI>6AG:6A:HI6I:A:C9>C<8A6HH>C8AJ9:HAD6CHB69:ID8DCHJB:G8JHIDB:GH>C8AJ9>C9:CI>6ABDGI<6<:H G:H>9:CI>6A8DCHIGJ8I>DCAD6CH6C9=DB::FJ>INAD6CH6C9A>C:H /=:H:AD6CH6G:INE>86AAN;>M:9G6I:AD6CHH:8JG:97NG:H>9:CI>6A G:6A:HI6I: #DB::FJ>INA>C:H6G:G:KDAK>C<688DJCIH<>K>CA>INID9G6L6C9G:E6N76A6C8:HG:E:6I:9AN JEID 6B6M>BJB8DBB>IB:CI 6C96G:H:8JG:97NG:H>9:CI>6AG:6A:HI6I: #DB::FJ>INA>C:HINE>86AAN=6K:K6G>67A:G6I:I:GBHL=>8= 6G:7:C8=B6G@:9ID6EG>B:G6I: #>HIDG>86AADHH=>HIDGN>HI=:EG>B6GN;68IDG>C9:I:GB>C>C9:CI>6AG:6A:HI6I:A:C9>C<8A6HH &:NG>H@8=6G68I:G>HI>8HG:A:K6CIIDG:H>9:CI>6AG:6A:HI6I:A:C9>C<8A6HHAD6CH EG>B6G>ANG:A6I:IDI=:7DGGDL:GVH86E68>IN6C9L>AA>CC8AJ9:JC:BEADNB:CIG6I:H6C9DI=:G:8DCDB>8;68IDGH 6C98JHIDB:GE6NB:CI=>HIDGN /=:H:G>H@8=6G68I:G>HI>8H 6BDCCI=::CK>GDCB:CI6A;68IDGH8DCH>9:G:9>C 9:I:GB>C>CC<8A6HH>C8AJ9:HAD6CHB69:ID8DCHJB:G8JHIDB:GH>C8AJ9>CA:H6C9 DI=:G>CHI6AAB:CIAD6CH 6C9I=:DI=:GA:C9>C<8A6HH>C8AJ9:H8G:9>I86G9AD6CH6C9JCH:8JG:9G:KDAK>C<8G:9>IA>C:H #>HIDG>86AADHH =>HIDGN>HI=:EG>B6GN;68IDG>C9:I:GB>C>CC<8A6HH:H &:NG>H@8=6G68I:G>HI>8HG:A:K6CIIDAD6CH>CI=:8DCHJB:G6C9DI=:GA:C9>C<8A6HH:HEG>B6G>ANG:A6I:IDI=:7DGGDL:GVH86E68>IN6C9 L>AA>CC8AJ9:JC:BEADNB:CIG6I:H6C9DI=:G:8DCDB>8;68IDGH 6C98JHIDB:GE6NB:CI6C9DK:G6AA8G:9>I =>HIDGN /=:H:G>H@8=6G68I:G>HI>8H 6BDCCI=::CK>GDCB:CI6A;68IDGH8DCH>9:G:9>C9:I:GB>C>CC<8A6HH>C8AJ9:H6AADI=:GAD6CG:A6I>DCH=>EHI=6I9DCDI;>IL>I=>CI=:86I::H67DK: EG>B6G>AN 8DCHJB:G6C98DBB:G8>6A8G:9>I86G9H 8JHIDB:G9:EDH>I688DJCIDK:G9G6;IH 6C9A:6H:G:8:>K67A:H /=:DBE6CN6HH>IFJ6A>ING>H@G6I>C< /=:H:G6I>CI=6+6HH6C926I8=G6I>C;>:9DCI=:DBE6CNVHG6I>CIH L>I=AD6CHL>I=626I8=G6I>C<7:>CIDG:96C9JE96I:96IA:6HIFJ6GI:GAN7NB6C6<:B:CI .J7HI6C96G9 AD6CH6G:I=DH:L=:G:6L:AA 9:;>C:9L:6@C:HH=6H7::C>9:CI>;>:9I=6IB6NEJI;JAA8DAA:8I>DCD;8DCIG68IJ6A9:7I6IG>H@ DJ7I;JA AD6CH6G:I=DH:L=:G:6L:AA 9:;>C:9L:6@C:HH=6H7::C>9:CI>;>:96C96ADHHD;8DCIG68IJ6A9:7I>HEGD767A: .J7HI6C96G96C9 9DJ7I;JAAD6CH6G:BDC>IDG:96C9JE96I:9BDCI=AN AAAD6CG>H@G6I>CIDG:96H9::B:96EEGDEG>6I: /=: DBE6CN<:C:G6AAN9D:HCDIG>H@G6I:G:H>9:CI>6AG:6A:HI6I:DG8DCHJB:GAD6CHJCA:HH69:;6JAI:K:CIHJ8=6H76C@GJEI8NDG :MI:C9:9CDCE:G;DGB6C8:I6@:HEA68: AI:GC6I>K:AN HI6C96G98G:9>IH8DG>CIG>H@HD;8DCHJB:G AD6CH '>;A.8101.@%1?@>A/@A>5:3? 'D6CHBD9>;>:9JC9:GIGDJ7A:99:7IG:HIGJ8IJG>CCKDAK:C<68DC8:HH>DCID67DGGDL:GL=D>H:ME:G>:C8>C< ;>C6C8>6A9>;;>8JAIN /=:H:8DC8:HH>DCH8DJA9>C8AJ9:6G:9J8I>DC>CI=:>CI:G:HIG6I:DCI=:AD6C E6NB:CI:MI:CH>DCH ;DG<>K:C:HH D;EG>C8>E6A ;DG7:6G6C8: DGDI=:G68I>DCH>CI:C9:9IDB6M>B>O:8DAA:8I>DC L=>8=<:C:G6AANLDJA9CDIDI=:GL>H:7:8DCH>9:G:9 /=:DBE6CNH/ -H>C8AJ9:E:G;DGB>C<6C9CDCE:G;DGB>C8=8DCH>HID;AD6CHI=6I8DCI>CJ:ID688GJ:>CI:G:HI6II=: AD6CHDG><>C6A>CI:G:HIG6I:L=:CI=:DBE6CN:ME:8IHID8DAA:8II=:G:B6>C>CC8>E6A6C9>CI:G:HIDCI=:AD6C 6C9CDC688GJ6A / -H L=>8=>C8AJ9:AD6CHI=6I6G:>C6CDC688GJ6AHI6IJH6C96G:CDADC<:G688GJ>C<>CI:G:HI 6HI=:DBE6CN9D:HCDI:ME:8IID 8DAA:8II=:;JAA6BDJCID;EG>C8>E6A6C9>CI:G:HIDL:9;GDBI=:7DGGDL:GDCI=:H:AD6CH II=:I>B:D;BD9>;>86I>DC:M8:EI;DG AD6CHDCCDC688GJ6AHI6IJH 6/ ->H8A6HH>;>:96HCDCE:G;DGB>CA6H>M BDCI=E6NB:CI=>HIDGND;EG>C8>E6A6C9>CI:G:HI E6NB:CIH >C688DG96C8:L>I=I=:I:GBHD;I=:AD6CBD9>;>86I>DC >HHJHI6>C:9 6IL=>8=I>B:I=:AD6C>HBDK:9ID6E:G;DGB>C< HI6IJHE:G;DGB>CC8>E6A6C9>CI:G:HIDCI=:AD6C I=:BD9>;>:9AD6C>H 8A6HH>;>:96H6CDC688GJ6A/ - AA/ -H6G:688DJCI:9;DG6H>BE6>G:9AD6CH6C96G:>C8AJ9:9>CI=:6C6ANH>HD;I=:6AADL6C8: ;DGAD6C6C9A:6H:ADHH:H / -I=6I=6H7::CG:C:L:9;DG67DGGDL:GL=D>HCDADC<:G:ME:G>:C8>C<;>C6C8>6A9>;;>8JAIN6C9 L=>8=N>:A9H6B6G@:IG6I:D;>CI:G:HI6II=:I>B:D;6G:C:L6A>HCDADC<:G8DCH>9:G:96/ - 88;C-:/12;> ;-:-:0 1-?1 ;??1?-:0%1?1>B12;>(:2A:010;995@91:@? /=:DBE6CNB6>CI6>CH6C6AADL6C8:;DGAD6C6C9A:6H:ADHH:H6I6A:K:A7:A>:K:9ID7:6EEGDEG>6I:IDG:H:GK:;DG8G:9>I ADHH:H>C=:G:CI>CI=:AD6CEDGI;DA>D /=:6AADL6C8:;DGAD6C6C9A:6H:ADHH:H>H9:I:GB>C:976H:9DC6CDCC<:K6AJ6I>DC 9G>K:C EG>B6G>AN7NBDC>IDG>C<8=6C<:H>CAD6CG>H@CFJ:C8>:H 6C9DI=:G8G:9>IG>H@>C9>86IDGH L=>8=6G:>C=:G:CIAN HJ7?:8I>K: /=:DBE6CN8DCH>9:GHI=:JC8:GI6>CING:A6I:9ID8:GI6>C>C9JHIGNH:8IDGH6C9I=::MI:CID;8G:9>I:MEDHJG:IDHE:8>;>8 7DGGDL:GHL>I=>CI=:EDGI;DA>D $C699>I>DC 8DCH>9:G6I>DC>H<>K:CID8DC8:CIG6I>DCG>H@H6HHD8>6I:9L>I=I=:K6G>DJHAD6CEDGI;DA>DH 6C98JGG:CI:8DCDB>88DC9>I>DCHI=6IB><=I>BE68II=:EDGI;DA>D /=:DBE6CN6AHD8DCH>9:GH8=6C<:H >;6CN >CJC9:GLG>I>C< 68I>K>I>:H I=:AD6CEDGI;DA>D8DBEDH>I>DC>C8AJ9>CM6C9<:D8 >C9JHIGN DG8JHIDB:G HE:8>;>88DC8:CIG6I>DCH IG:C9H>CAD6CE:G;DGB6C8: I=:A:K:AD;6AADL6C8:8DK:G6<:G:A6I>K:IDH>B>A6G76C@>C<>CHI>IJI>DCH6C9B68GD:8DCDB>8;68IDGH HJ8=6H8=6C<:H>CJC:BEADNB:CIG6I:H 8EGD9J8I 6C98DCHJB:G76C@GJEI8N;>A>C

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

AAD;I=:H::HI>B6I:H6G:HJH8:EI>7A:IDH>;>86CI8=6C<: =6C<:HIDI=:6AADL6C8:;DGAD6C6C9A:6H:ADHH:H6G:B69: 7N8=6G<:HIDI=:EGDK>H>DC;DGAD6C6C9A:6H:ADHH:H L=>8=>HG:;A:8I:9DCI=:8DCHDA>96I:9HI6I:B:CIHD;>C8DB: +6HI9J:HI6IJH >HBDC>IDG:96H6C>C9>86IDGD;8G:9>I9:I:G>DG6I>DC AD6C>HEA68:9DCCDC688GJ6AHI6IJH6C9688GJ6AD;>CI:G:HI>H9>H8DCI>CJ:9 L=:CB6C6<:B:CI7:A>:K:H 6;I:G8DCH>9:G>C<8DAA:8I>DC:;;DGIH6C9DI=:G;68IDGH I=:7DGGDL:GH8DC9>I>DC>HHJ8=I=6I8DAA:8I>DC D;>CI:G:HI>H9DJ7I;JA L=>8=>H<:C:G6AAN96NHE6HI9J: 'D6CH9::B:9ID7:JC8DAA:8I>7A:6G:8=6G<:9D;;6<6>CHII=: 6AADL6C8:;DGAD6C6C9A:6H:ADHH:H -:8DK:G>:HD;6BDJCIHEG:K>DJHAN8=6G<:9 D;;6G:8G:9>I:9IDI=:6AADL6C8:;DGAD6C6C9A:6H: ADHH:H /=:6AADL6C8:;DGAD6C6C9A:6H:ADHH:H8DCH>HID;G:H:GK:H;DGEGD767A:ADHH:HI=6I=6K:7::C>9:CI>;>:9G:A6I:9ID HE:8>;>87DGGDL>CDCH=>EHI=6I6G:>C9>K>9J6AAN:K6AJ6I:9;DG>BE6>GB:CIHE:8>;>8G:H:GK: 6HL:AA6HEGD767A:ADHH:H >C=:G:CI>CI=:AD6CEDGI;DA>DI=6I6G:CDIHE:8>;>86AAN>9:CI>;>:98DAA:8I>K:G:H:GK: /=:HE:8>;>8G:H:GK:G:A6I:HID>BE6>G:9AD6CH AD6C>H>BE6>G:9L=:C 76H:9DC8JGG:CI>C;DGB6I>DC6C9:K:CIH >I>H EGD767A:I=:DBE6CNL>AA7:JC67A:ID8DAA:8I6AA6BDJCIH9J:>CI:G:HI6HL:AA6HEG>C8>E6A688DG9>C;>8G:H:GK:H6G:9:I:GB>C:9DC6AD6C 7N AD6C76H>H76H:9DCB6C6<:B:CIVH7:HI:HI>B6I:D;I=: DBE6CNH:MEDHJG: <>K:CI=:8JGG:CIE6NB:CIHI6IJHD;I=:AD6C I=:EG:H:CIK6AJ:D;:ME:8I:9E6NB:CIH 6C9I=:K6AJ:D;6CN JC9:GAN>C<8DAA6I:G6A $BE6>G:9AD6CH6AHD>C8AJ9:AD6CHBD9>;>:9>CIGDJ7A:99:7IG:HIGJ8IJG>CBE6>GB:CI G:A6I:9IDIGDJ7A:99:7IG:HIGJ8IJG>CHB:6HJG:976H:9DCI=:;6>GK6AJ:D;I=:8DAA6I:G6A A:HH8DHIIDH:AA DGI=:EG:H:CIK6AJ:D; :ME:8I:9E6NB:CIHG:A6I>K:IDI=:JCE6>9EG>C8>E6A76A6C8: $;I=:>BE6>G:9AD6C>H>9:CI>;>:96H8DAA6I:G6A9:E:C9:CI I=:CI=:;6>G K6AJ:D;I=:8DAA6I:G6AB:I=D9D;B:6HJG>CBE6>GB:CI>HJI>A>O:9 /=>HB:I=D9G:FJ>G:HD7I6>C>C<6C >C9:E:C9:CI6EEG6>H6AD;I=:8DAA6I:G6A6C9G:9J8>CH:9K6AJ:7N6EEAN>C<69>H8DJCI;68IDGIDI=:6EEG6>H:9K6AJ: >; C:8:HH6GN 6C9>C8AJ9>C<8DHIHIDH:AA (6C6<:B:CIVH:HI>B6I:;DG8DAA:8I>K:G:H:GK:HG:;A:8IHADHH:H>C8JGG:9>CI=:AD6CEDGI;DA>D6HD;I=:8DCHDA>96I:976A6C8: H=::IG:EDGI>C<96I: $C8JGG:9ADHH:HI>B6I:HEG>B6G>AN6G:76H:9DC=>HIDG>86AADHH:ME:G>:C8:6C9EDGI;DA>DB>M $C8JGG:9ADHH :HI>B6I:HB6N7:69?JHI:9;DGFJ6A>I6I>K:;68IDGHHJ8=6H8JGG:CI:8DCDB>88DC9>I>DCH6C98JGG:CIEDGI;DA>DIG:C9H>C8AJ9>C<8G:9>I FJ6A>IN 8DC8:CIG6I>DCH 6<>CD 6C9DGH>;>86CIEDA>8N6C9JC9:GLG>I>C<8=6C<:H L=>8=B6NCDI7:G:;A:8I:9>C I=:=>HIDG>86AADHH:ME:G>:C8: /=:DBE6CNB6>CI6>CH6C''';DG68FJ>G:9>BE6>G:9AD6CH688DJCI:9;DGJC9:G. G:HJAI>C<;GDB 9:8G:6H:H>C:ME:8I:986H=;ADLH6G>H>C<;GDBI=:E:G>D9>8G:K6AJ6I>DCD;I=:H:AD6CH CN9:8G:6H:>C:ME:8I:986H=;ADLH>CI=: >C9>K>9J6AAD6CEDDA>H<:C:G6AANG:8DO:9>CI=:8JGG:CIEGDK>H>DC;DGAD6C6C9A:6H:ADHH:H CN>C8G:6H:>C:ME:8I:986H=;ADLH >H<:C:G6AANCDIG:8DO:9>BB:9>6I:AN7JI>H>CHI:69G:;A:8I:96H6C69?JHIB:CIIDI=:G:A6I:9AD6CDGEDDAHN>:A9DC6 EGDHE:8I>K:76H>HDC8:6CNEG:K>DJHANG:8DG9:9EGDK>H>DC;DGAD6C6C9A:6H:ADHH=6H7::CG:K:GH:9 !DG68FJ>G:9CDC >BE6>G:9AD6CH688DJCI:9;DGJC9:G. I=:DBE6CNJI>A>O:HB:I=D9HID:HI>B6I:I=: G:FJ>G:96AADL6C8:;DGAD6C6C9A:6H:ADHH:HH>B>A6GIDDG><>C6I:9AD6CHI=:G:FJ>G:9G:H:GK:>H8DBE6G:9IDI=:C:I86GGN>CG:9CDC >BE6>G:9AD6C7N8A6HHID9:I:GB>C:>;6EGDK>H>DC>HG:FJ>G:9 0C;JC9:9G:H>9:CI>6ABDGI<6<:AD6C8DBB>IB:CIH:CI:G:9>CID>C8DCC:8I>DCL>I=BDGI<6<:AD6CHID7:=:A9;DGH6A:6G: 8DCH>9:G:99:G>K6I>K:H6C96G:G:8DG9:96I;6>GK6AJ:6C9>C8AJ9:9>CDI=:GA>67>A>I>:HDCI=:8DCHDA>96I:976A6C8:H=::IHL>I= 8=6C<:H>C;6>GK6AJ:G:8DG9:9>CDI=:G>CI:G:HI>C8DB: AADI=:GJC;JC9:9AD6C8DBB>IB:CIH6G:<:C:G6AANG:A6I:9IDEGDK>9>C< 8G:9>I;68>A>I>:HID8JHIDB:GH6C96G:CDI8DCH>9:G:99:G>K6I>K:H !DGEJG8=6H:9AD6CH I=:;6>GK6AJ:D;I=:JC;JC9:98G:9>I 8DBB>IB:CIH>H8DCH>9:G:9>C9:I:GB>C6I>DCD;I=:;6>GK6AJ:D;I=:AD6CHG:8DG9:96II=:96I:D;68FJ>H>I>DC -:H:GK:H;DG8G:9>I :MEDHJG:DC6AADI=:GJC;JC9:98G:9>I8DBB>IB:CIH6G:G:8DG9:9>CDI=:GA>67>A>I>:HDCI=:8DCHDA>96I:976A6C8:H=::IH /=: DBE6CNB6>CI6>CH6G:H:GK:;DGJC;JC9:98DBB>IB:CIH6I6A:K:A7:A>:K:9ID7:HJ;;>8>:CIID67HDG7:HI>B6I:9EGD767A:ADHH:H G:A6I:9IDJC;JC9:98G:9>I;68>A>I>:H =34<=85820C8>=BB4C0=3;0F102:"8018;8CH $C8DC?JC8I>DCL>I=6! $6HH>HI:9IG6CH68I>DCD;/>:G*C:6C@>C I=:DBE6CN:CI:G:9>CID6ADHHH=6G: 6I=I=:! $8DK:G>C<8:GI6>CH>CANG:H>9:CI>6ABDGI<6<:AD6CHL>I=8A6>BE:G>D9:C9>C<%JC: /=: 6DCD;G:6A>O:9ADHH:HDCAD6CH ;DG:8ADH:9G:6A:HI6I:6C98:GI6>CDI=:G6HH:IH /=:DBE6CN=6HG:8DG9:9 >C9:BC>;>86I>DC6HH:IH>CDI=:G6HH:IHDCI=:8DCHDA>96I:976A6C8:H=::IHG:EG:H:CI>C<:HI>B6I:9;JIJG:6BDJCIHG:8DK:G67A:;GDB I=:! $ !6>GK6AJ:HD;AD6CH8DK:G:97NI=:ADHHH=6G>C<6H>I>DC96I:L:G::HI>B6I:976H:9DCEGD?:8I:986H= ;ADLH6K6>A67A:76H:9DCI=::ME:8I:9EGD767>A>IND;9:;6JAI 9:;6JAII>B>C<6C9ADHH<>K:C9:;6JAI I=::ME:8I:9G:>B7JGH:B:CI G6I:H<:C:G6AAN;GDBI=:! $6C9DI=:GG:A:K6CII:GBHD;I=:ADHHH=6G>C<6C>I>6A;6>GK6AJ:L6H:HI67A>H=:9 7N9>H8DJCI>CI=6B6G@:I9>H8DJCIG6I:;DG>CHIGJB:CIHL>I=A>@:B6IJG>IN6C9G>H@8=6G68I:G>HI>8H

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

/=:ADHHH=6G:6HH:IH6G:B:6HJG:9H:E6G6I:AN;GDBI=:G:A6I:9AD6CH6C9;DG:8ADH:9G:6A:HI6I:6C9G:8DG9:96H6C! $ >C9:BC>;>86I>DC6HH:IDCI=:8DCHDA>96I:976A6C8:H=::IH7:86JH:I=:N6G:CDI8DCIG68IJ6AAN:B7:99:9>CI=:AD6CH6C96G:CDI IG6CH;:G67A:L>I=I=:AD6CHH=DJA9I=:DBE6CN8=DDH:ID9>HEDH:D;I=:B .J7H:FJ:CIIDI=:68FJ>H>I>DC96I: G:>B7JGH:B:CIH G:8:>K:9;GDBI=:! $;DG68IJ6A>C8JGG:9ADHH:HG:9J8:I=:86GGN>C<6BDJCID;I=:ADHHH=6G:6HH:IH -:9J8I>DCHID:ME:8I:9 ADHH:HDC8DK:G:96HH:IH IDI=::MI:CIHJ8=G:9J8I>DCHID:ME:8I:9ADHH:H6G:I=:G:HJAID;6C>BEGDK:B:CIIDI=:68IJ6ADG :ME:8I:986H=;ADLH;GDBI=:8DK:G:96HH:IH 6AHDG:9J8:I=:86GGN>C<6BDJCID;I=:ADHHH=6G:6HH:IH /=:G6I:D;688G:I>DCD;I=: >C9:BC>;>86I>DC6HH:I9>H8DJCI>C8AJ9:9>C>CI:G:HI>C8DB:HADLHIDB>GGDGI=:688:A:G6I:9688G:I>DCD;I=:AD6C9>H8DJCI 99>I>DC6A:ME:8I:9ADHH:HDC8DK:G:96HH:IH IDI=::MI:CIHJ8=:ME:8I:9ADHH:HG:HJAI>CI=:G:8DI>DCD;6C6AADL6C8:;DGAD6C 6C9A:6H:ADHH:H >C8G:6H:I=:86GGN>C<6BDJCID;I=:ADHHH=6G:6HH:IH G:A6I:9>C8G:6H:>CI=:K6AJ:D;I=:>C9:BC>;>86I>DC6HH:I JEIDI=:6BDJCI8DK:G:97NI=:! $>H86A8JA6I:976H:9DCI=:G:>B7JGH:B:CIG6I:H;GDBI=:! $6C9>H>C8AJ9:9>CDI=:G CDC>CI:G:HI>C8DB: /=:8DGG:HEDC9>CDCDG6BDGI>O6I>DC>HG:8DG9:96H68DBEDC:CID;>CI:G:HI>C8DB:DCI=: 8DCHDA>96I:9HI6I:B:CIHD;>C8DB: AI=DJ<=I=:H:6HH:IH6G:8DCIG68IJ6AG:8:>K67A:H;GDBI=:! $ I=:G:6G:CD8DCIG68IJ6A >CI:G:HIG6I:H HE6GID;I=:ADHHH=6G>C<667>A>IN! $A6L768@'>67>A>INID7:E6>9 L>I=>C96NHHJ7H:FJ:CIIDI=:B6IJG>INDGI:GB>C6I>DCD;I=:ADHHH=6G>C<6H8DCI>C<:CIJEDC68IJ6AADHH:H >C8JGG:9DK:GI=:A>;:D;I=:6K:ID:ME:8I:9ADHH:H8DCH>9:G:9>CI=:8DCH>9:G6I>DCE6>96I68FJ>H>I>DC96I:6C9I=: 6BDJCID;ADHH:HG:>B7JGH:9IDI=:DBE6CNJC9:GI=:ADHHH=6G>C<667>A>INL6HG:8DG9:96I;6>GK6AJ:6HD;I=: 68FJ>H>I>DC96I: /=:;6>GK6AJ:L6H76H:9DC69>H8DJCI:986H=;ADL86A8JA6I>DCI=6I8DCH>9:G:9I=:;DGBJA69:;>C:9>CI=:ADHH H=6G>C<6;;:G:C8:7:IL::CI=:;6>GK6AJ:6I68FJ>H>I>DC96I:6C9I=:EGD?:8I:9ADHH:H>H 6BDGI>O:9I=GDJ<=DI=:GCDC>CI:G:HI:ME:CH: HEGD?:8I:9ADHH:H6C9G:>B7JGH:B:CIH6G:JE96I:9 6H9:H8G>7:967DK: I=:! $ A6L768@'>67>A>IN>H69?JHI:96C96<6>CDGADHH>HG:8DG9:9>CDI=:GCDC>CI:G:HI:ME:CH: &A4<8B4B0=3@D8?<4=C +G:B>H:H6C9:FJ>EB:CI6G:HI6I:96I8DHIA:HH688JBJA6I:99:EG:8>6I>DC :EG:8>6I>DC>H8DBEJI:9EG>C8>E6AAN7NI=: HIG6><=I A>C:B:I=D9DK:GI=::HI>B6I:9JH:;JAA>K:HD;I=:6HH:IH DHIH>C8JGG:9;DGB6>CI:C6C8:6C9G:E6>GH6G::ME:CH:96H >C8JGG:9 /=:G6C<:D;:HI>B6I:9JH:;JAA>K:H;DG7J>A9>CA9>C<>BEGDK:B:CIH6G:IDN:6GH6C9IDN:6GH;DG ;JGC>IJG:6C9:FJ>EB:CI %C74A(4?>BB4BB43&A>?4ACH HH:IH68FJ>G:9I=GDJ<= DG>CA>:JD; AD6C;DG:8ADHJG:6G:=:A9;DGH6A:6C96G:>C>I>6AANG:8DG9:96I;6>GK6AJ:A:HH :HI>B6I:98DHIIDH:AA6II=:96I:D;;DG:8ADHJG: :HI67A>H=>C<6C:L8DHI76H>H .J7H:FJ:CIID;DG:8ADHJG: K6AJ6I>DCH6G: E:G>D9>86AANE:G;DGB:97NB6C6<:B:CI 6C9I=:6HH:IH6G:86GG>:96II=:ADL:GD;86GGN>C<6BDJCIDG;6>GK6AJ:A:HH:HI>B6I:98DHI IDH:AA $C8DB:6C9:ME:CH:H;GDBDE:G6I>DCHD;G:EDHH:HH:9EGDE:GIN6G:>C8AJ9:9>CCDC>CI:G:HI:ME:CH: -:H>9:CI>6AG:6A:HI6I: AD6CHL=>8=L:G:>CI=:EGD8:HHD;7:>C<;DG:8ADH:96HD;.:EI:B7:G 6C9L:G:6EEGDM>B6I:AN B>AA>DC6C9 B>AA>DC G:HE:8I>K:AN ">=6;8E43BB4C A>IND;I=:86GGN>CK:96HH:IHL=:C:K:G:K:CIHDG8>G8JBHI6C8:H >C9>86I:I=:86GGN>C<6BDJCIB6NCDI7:G:8DK:G67A: $;6ADC< A>K:96HH:I>HI:HI:9;DGG:8DK:G67>A>IN6C9I=:JC9>H8DJCI:9 :HI>B6I:9;JIJG:86H=;ADLH:ME:8I:9IDG:HJAI;GDBI=:JH:6C9:K:CIJ6A9>HEDH>I>DCD;I=:6HH:I>HA:HHI=6CI=:86GGN>C<6BDJCI D;I=:6HH:I I=:6HH:IVH86GGN>CH69?JHI:9ID;6>GK6AJ:6C96C>BE6>GB:CIADHH>HG:8DO:96HI=:6BDJCI7NL=>8=I=: 86GGN>C<6BDJCID;I=:ADC< A>K:96HH:I:M8::9H>IH;6>GK6AJ: )DADC< A>K:96HH:I>BE6>GB:CIHL:G:G:8DO:99JG>CH86AN:6GH:C9:9.:EI:B7:G DG >>3F8;; "DD9L>AAG:EG:H:CIHI=::M8:HHEJG8=6H:EG>8:DK:GI=:;6>GK6AJ:D;>9:CI>;>67A:C:I6HH:IHD;68FJ>G:98DBE6C>:H $C 688DG96C8:L>I=./DE>8 ;;0C588-:0"@41>:@-:35.81??1@? I=:DBE6CN8DC9J8IH6AA>BE6>GB:CII:HI6I A:6HI6CCJ6AAN DGBDG:;G:FJ:CIAN6H:K:CIHD88JGDG8>G8JBHI6C8:H8=6C<:I=6ILDJA9BDG: A>@:AN I=6C CDIG:9J8:I=:;6>GK6AJ: 7:ADL>IH86GGN>C<6BDJCI $C688DG96C8:L>I=. I=:DBE6CN86C6HH:HHFJ6A>I6I>K:;68IDGHID9:I:GB>C:L=:I=:G>I>H BDG: A>@:AN I=6C CDII=:;6>GK6AJ:D;I=:G:EDGI>CI>HA:HHI=6C>IH86GGN>C<6BDJCI $;I=:DBE6CN8DC8AJ9:H76H:9DCI=: FJ6A>I6I>K:6HH:HHB:CII=6IAAB6N7:>BE6>G:9 6FJ6CI>I6I>K:DC: HI:E>BE6>GB:CII:HILDJA9I=:C7:6EEA>:9 C >BE6>GB:CIADHHLDJA97:G:8DO:9;DG6CN:M8:HHD;86GGN>CGK6AJ:D;I=:AA .J7H:FJ:CI>C8G:6H:H>C AALDJA9CDI7:G:8DO:9DCI=:8DCHDA>96I:9;>C6C8>6AHI6I:B:CIH

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

/=:DBE6CNE:G;DGB:9>IH6CCJ6AAA>BE6>GB:CI:K6AJ6I>DC6HD;%JANDCI=:76H>HD;DC:G:EDGI>CI /=: DBE6CN6HH:HH:9FJ6A>I6I>K:;68IDGHID9:I:GB>C:L=:I=:G>IL6HBDG: A>@:AN I=6C CDII=:;6>GK6AJ:D;I=:G:EDGI>CIL6H A:HHI=6C>IH86GGN>C<6BDJCI $C:K6AJ6I>CIL6HBDG: A>@:AN I=6C CDII=6II=:;6>GK6AJ:D;I=:G:EDGI>CIL6HA:HH I=6C>IH86GGN>C<6BDJCI I=:DBE6CN6HH:HH:9G:A:K6CI:K:CIH6C98>G8JBHI6C8:H >C8AJ9>C88DC9>I>DCH >C9JHIGN 6C9B6G@:I8DCH>9:G6I>DCH DK:G6AA;>C6C8>6AE:G;DGB6C8: 8=6C<:H>CI=:8DBEDH>I>DCDG86GGN>C<6BDJCID;6HH:IH6C9A>67>A>I>:H I=:B6G@:IEG>8:D;I=:DBE6CNH8DBBDCHID8@ 6C9DI=:GG:A:K6CI;68IDGH )DFJ6CI>I6I>K:6HH:HHB:CIL6H8DCH>9:G:9 C:8:HH6GN )DAA>BE6>GB:CIL6HG:8DO:99JG>CH86AN:6GH:C9:9.:EI:B7:G DG >A44?>B8CB0=3%C74A =C0=681;4B $CI6C<>7A:6HH:IH8DCH>HID;8DG:9:EDH>IH 7G6C9>CI6C<>7A: 8JHIDB:GG:A6I>DCH=>EH 6C9DI=:G>CI6C<>7A:H DG:9:EDH>IH G:EG:H:CII=:>9:CI>;>67A:>CI6C<>7A:K6AJ:6HH>I76H:H6G>H>C<;GDB68FJ>G:98DBE6C>:H G6C9>CI6C<>7A: G:EG:H:CIHI=:K6AJ:6HHD8>6I:9L>I=I=:6C@8=6GI:G JHIDB:GG:A6I>DCH=>EH>CI6C<>7A:G:EG:H:CIHI=:>9:CI>;>67A:>CI6C<>7A: K6AJ:6HH>DCH=>EH6G>H>C<;GDB68FJ>G:98DBE6C>:H *I=:G>CI6C<>7A:HG:EG:H:CI8DCIG68IJ6A;G6C8=>H: 6GG6C<:B:CIHJC9:GL=>8=I=:;G6C8=>H:GH::I=:G><=IIDE:G;DGB8:GI6>C;JC8I>DCHL>I=>C69:H>86A6G:6 DG:9:EDH>IH6C9DI=:G>CI6C<>7A:H6G:G:8DG9:9>CDI=:G6HH:IHDCI=:8DCHDA>96I:976A6C8:H=::IH /=:B:I=D9H6C9A>K:HJH:9ID6BDGI>O:>CI6C<>7A:6HH:IH6G:6H;DAADLH

=C0=681;4 #4C7>3 /40AB DG:9:EDH>I .IG6><=I A>C:DG:;;:8I>K:N>:A9 G6C9>CI6C<>7A: .IG6><=I A>C: JHIDB:GG:A6I>DCH=>EH .IG6><=I A>C: *I=:G>CI6C<>7A:H .IG6><=I A>C: $CI6C<>7A:6HH:IH6G::K6AJ6I:9;DG>BE6>GB:CIL=:C:K:G:K:CIHDG8=6C<:H>C8>G8JBHI6C8:H>C9>86I:I=6II=:86GGN>C< K6AJ:B6NCDI7:G:8DK:G67A: )D>CI6C<>7A:6HH:I>BE6>GB:CIHL:G:G:8DO:99JG>CH86AN:6GH:C9:9.:EI:B7:G DG 0=:%F=43"854 =BDA0=24 *'$G:EG:H:CIHA>;:>CHJG6C8:EDA>8>:HDCI=:A>K:HD;8:GI6>CDBE6CND;;>8:GHDG;DGB:GD;;>8:GH;DGL=>8=I=: DBE6CN>HI=:7:C:;>8>6GN /=:86GGN>C<6BDJCID;76C@DLC:9A>;:>CHJG6C8:8DCH>HIHD;I=:>C>I>6AEG:B>JBE6>9EAJH>C8G:6H:H >C86H=K6AJ:A:HHI=:86GGN>C<6BDJCI6HHD8>6I:9L>I=6CN9:6I=7:C:;>IHG:8:>K:9 :6I=7:C:;>IHE6>9>C:M8:HHD;I=:6EEA>867A: 86GGN>C<6BDJCI6G:G:8DO:96H>C8DB: L=>8=>H:M:BEI;GDB>C8DB:I6M:H ">0=)4AE828=6(867CB /=:AD6CH:GK>8>C<=IH6HH:IG:8DO:96HE6GID;I=:#!!>C6C8>6A68FJ>H>I>DCL6H>C>I>6AANG:8DG9:96I;6>GK6AJ: /=:H:H:GK>8>C<=IH=6K:HJ7H:FJ:CIAN7::C688DJCI:9;DGJH>CGK6AJ:B:I=D9 !6>GK6AJ:>H76H:9DC6 K6AJ6I>DCBD9:AI=6I86A8JA6I:HI=:EG:H:CIK6AJ:D;:HI>B6I:9;JIJG:C:IH:GK>8>C<>C8DB:JH>C<@:N6HHJBEI>DCHHJ8=6H EG:E6NB:CIHE::9H6C99>H8DJCIG6I: /=:6HH:I>H6BDGI>O:9>CIDBDGI<6<:76C@>C<>C8DB: C:IDCI=:8DCHDA>96I:9HI6I:B:CIHD; >C8DB:>CEGDEDGI>DCID6C9DK:GI=:E:G>D9D;:HI>B6I:9C:IH:GK>8>C<>C8DB: 'D6CH:GK>8>C<=IH6G:G:8DG9:9>CDI=:G6HH:IH DCI=:8DCHDA>96I:976A6C8:H=::IH (DGI<6<:76C@>C<>C8DB:6C9G:A6I:9;::H6G:G:8DO:9L=:C:6GC:96HI=:DBE6CNH:GK>8:HBDGI<6<:AD6CH;DG DI=:GH (DGI<6<:76C@>C<>C8DB:6AHD>C8AJ9:H<6>CH6C9ADHH:HDCH6A:HD;BDGI<6<:AD6CHIDDI=:G;>C6C8>6A>CHI>IJI>DCHDG :HL=>8=6G:G:8DO:96H:68=H6A:HIG6CH68I>DCD88JGH

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

4A8E0C8E4B /=:DBE6CNB6>CI6>CH6CDK:G6AA>CI:G:HIG6I:G>H@B6C6<:B:CIHIG6I:IHI=:JH:D;9:G>K6I>K:>CHIGJB:CIH IDBD9>;N:MEDHJG:ID>CI:G:HIG6I:G>H@ /=:DBE6CN:CI:GH>CID>CI:G:HIG6I:HL6E8DCIG68IHIDD;;H:II=:>CI:G:HIG6I:G>H@ 6HHD8>6I:9L>I=7DGGDL:GHL=DAD8@>CADC< I:GB;>M:9G6I:HINI=GDJ<=6;>M:9G6I: AD6C ":C:G6AAN JC9:GI=:H:HL6EH I=:DBE6CN6I=K6G>DJHHL6E8DJCI:GE6GI>:HID:M8=6C<:I=:9>;;:G:C8:7:IL::C ;>M:9 G6I:6C9;AD6I>C< G6I:>CI:G:HI6BDJCIH76H:9JEDCCDI>DC6AEG>C8>E6A6BDJCIH /=:H:8DCIG68IH9DCDIFJ6A>;N;DG=:9<: 688DJCI>C< /=:H:>CI:G:HIG6I:9:G>K6I>K:>CHIGJB:CIH6G:G:8DO:96HDI=:G6HH:IHDGDI=:GA>67>A>I>:HDCI=:8DCHDA>96I:976A6C8: H=::IH6C9B:6HJG:96I;6>GK6AJ: L>I=8=6C<:H>C;6>GK6AJ:G:EDGI:9>CC:IG:6A>O:96C9JCG:6A>O:9<6>CADHHDC9:G>K6I>K:HDC I=:8DCHDA>96I:9HI6I:B:CIHD;>C8DB: .>C8::68=;>M:9G6I:AD6C>HE6>G:9L>I=6CD;;H:II>C<9:G>K6I>K:8DCIG68I I=:>BE68IIDC:I >C8DB:>HB>C>B>O:9 /=:DBE6CN6AHD=6H768@ ID 768@HL6EHL>I=AD6C8JHIDB:GHL=:G:I=:DBE6CN:CI:GH>CID6C>CI:G:HI G6I:HL6EL>I=AD6C8JHIDB:GHIDEGDK>9:6;68>A>INIDB>I><6I:I=:>CI:G:HIG6I:G>H@6HHD8>6I:9L>I=D;;:G>C<6;>M:9G6I:6C9 H>BJAI6C:DJHAN:CI:GH>CID6HL6EL>I=6CDJIH>9:I=>G9E6GINI=6I>HB6I8=:9>C:M68ID;;H:II>CGK6AJ:6C9G:8DO:96HDI=:G6HH:IHDGDI=:GA>67>A>I>:H 9:E:C9>C<=IHDGD7A><6I>DCHJC9:GI=:8DCIG68I DCI=:8DCHDA>96I:976A6C8:H=::I L>I=8=6C<:H>C;6>GK6AJ:G:EDGI:9>CC:IG:6A>O:96C9JCG:6A>O:9<6>CADHHDC9:G>K6I>K:HDC I=:8DCHDA>96I:9HI6I:B:CIHD;>C8DB: $CI=:DBE6CN7:<6C6C:LEGDC<>CI:G:HIHL6EH9>G:8IANID8JHIDB:GH /=:H:>CI:G:HIG6I:HL6EH H6A:H6G:JH:9ID:C67A:8JHIDB:GHID68=>:K:6ADC< I:GB;>M:9G6I:7NH:AA>C67A:G6I:AD6C>C9:M:9 ID'$*-EAJH68G:9>IHEG:69L=:G:7NI=:6C@:CI:GH>CID6C>CI:G:HIG6I:HL6EL>I=DJG8JHIDB:GL=:G:I=:8JHIDB:GE6NH6 ;>M:9G6I:D;>CI:G:HIH:I6II=:I>B:D;DG><>C6I>DCDCI=:>CI:G:HIG6I:HL6E6C9I=:CI=:8JHIDB:GG:8:>K:H6;AD6I>C9DCI=:AD6C I=JHG:HJAI>C<>C6;>M:9G6I:D;>CI:G:HIDK:GI=:A>;:D;I=:>CI:G:HIG6I:HL6E /=:76C@B>C>B>O:HI=: B6G@:I6C9A>FJ>9>ING>H@HD;I=:HL6EH:CI:G:9>CIDL>I=I=:8JHIDB:G7N:CI:G>C<>CID6CD;;H:II>CI>DCL>I=6HL6E9:6A:G /=:DBE6CN:CI:GH>CID;DGL6G9>CI:G:HIG6I:AD8@8DBB>IB:CIHDCBDGI<6<:AD6CHID7:=:A9;DGH6A: L=>8=6G: 8DBB>IB:CIHIDDG><>C6I:AD6CHL=:G:7NI=:>CI:G:HIG6I:DCI=:AD6C>H9:I:GB>C:9EG>DGID;JC9>C< /=:DBE6CN6AHD=6H 8DGG:HEDC9>C<;DGL6G9H6A:H8DCIG68IHG:A6I:9IDI=:H:>CI:G:HIG6I:AD8@8DBB>IB:CIH DI=I=:BDGI<6<:AD6C8DBB>IB:CIH6C9 I=:G:A6I:9H6A:H8DCIG68IH6G:8DCH>9:G:99:G>K6I>K:H6C96G:G:8DG9:96I;6>GK6AJ:6C9>C8AJ9:9>CDI=:G6HH:IHDGDI=:GA>67>A>I>:H DCI=:8DCHDA>96I:976A6C8:H=::IHL>I=8=6C<:H>C;6>GK6AJ:D;;H:II>C<:68=DI=:G>CC:IG:6A>O:96C9JCG:6A>O:9<6>CADHHDC 9:G>K6I>K:HDCI=:8DCHDA>96I:9HI6I:B:CIHD;>C8DB: )C>2:0B43>= -:HIG>8I:96C9E:G;DGB6C8: 76H:9HID8@JC>IH6L6G9H6G:8A6HH>;>:96H:FJ>IN6L6G9H6C9688DJCI:9;DGJC9:GI=:IG:6HJGN HID8@B:I=D9 DBE:CH6I>DC:ME:CH:;DGCDC K:HI:9HID8@JC>IH6L6G9H>H76H:9DCI=:;6>GK6AJ:D;I=:6L6G9DCI=: B:6HJG:B:CI96I: L=>8= ;DGI=:DBE6CN >HI=:96I:D;I=:HG:8DO:9G6I67ANDK:GI=:K:HI>CD9D;I=:6L6G9 /=:;6>GK6AJ:D;CDC K:HI:9HID8@JC>IH6L6G9H>H<:C:G6AANI=:B6G@:IEG>8:D;I=:DBE6CNHHID8@DCI=: 96I:D;IJG:HDC6C68IJ6A76H>H $C;>H86AN:6G I=:DBE6CN69DEI:9.0)D ;9<1:?-@5;:&@;/7;9<1:?-@5;:';<5/ 9<>;B191:@?@;9<8;E11?&4->1-?10#-E91:@?//;A:@5:3/=:DBE6CNH8DCHDA>96I:9;>C6C8>6AHI6I:B:CIH>C8AJ9:6 G:8A6HH>;>86I>DC;GDB699>I>DC6AE6>9 >C86E>I6AIDEGDK>H>DC;DG>C8DB:I6M:HD; B>AA>DC;DGI=:;>H86AN:6G:C9:9 .:EI:B7:G =2><4*0G4B *C :8:B7:G I=:/6M-:;DGB8IL6H:C68I:9>CIDA6L :<>CC>C<>C I=:/6M-:;DGB8IG:9J8:9I=: ;:9:G6AI6MG6I:;DG8DGEDG6I>DCH;GDBID6C98=6C<:9DGA>B>I:98:GI6>CI6M9:9J8I>DCH /=:/6M-:;DGB8IG:FJ>G:9 I=:DBE6CNIDG:K6AJ:>IHC:I9:;:GG:9I6M6HH:IH>CI=:E:G>D9D;:C68IB:CI L=>8=HIG6C9:98:GI6>C:;;:8IHD;I=:I6MG6I:8=6C<: >C688JBJA6I:9DI=:G8DBEG:=:CH>K:>C8DB: /=:DBE6CN69DEI:9C:L688DJCI>C<96C8:>CI=:H:8DC9FJ6GI:GD;;>H86AN:6G I=6I6AADL:9G:8A6HH>;>86I>DCD; B>AA>DC>CHIG6C9:9I6M:;;:8IHI=6IG:A6I:9ID68=6C<:>CI=:;:9:G6AI6MG6I:;GDB 688JBJA6I:9DI=:G8DBEG:=:CH>K:>C8DB:IDG:I6>C:9:6GC>CH8JHH>DC>C)DI: $C8DB:/6M:H $C8DB:I6M:ME:CH:>C8AJ9:HILD8DBEDC:CIH8JGG:CI6C99:;:GG:9 JGG:CI>C8DB:I6M:ME:CH:G:;A:8IHI6M:HID7:E6>9 DGG:;JC9:9;DGI=:8JGG:CIE:G>D97N6EEAN>CH>DCHD;I=::C68I:9I6MA6LIDI=:I6M67A:>C8DB:DG:M8:HHD;9:9J8I>DCH DK:G>C8DB: /=:DBE6CN9:I:GB>C:H9:;:GG:9>C8DB:I6M:HJH>C67>A>INDG76A6C8:H=::IB:I=D9 0C9:GI=>HB:I=D9 I=:C:I9:;:GG:9I6M6HH:IDGA>67>A>IN>H76H:9DCI=:I6M:;;:8IHD;I=:9>;;:G:C8:H7:IL::CI=:7DD@6C9I6M76H>HD;6HH:IH6C9 A>67>A>I>:H 6C9:C68I:98=6C<:H>CI6MG6I:H6C9A6LH6G:G:8DO:9>CI=:E:G>D9>CL=>8=I=:ND88JG :;:GG:9>C8DB:I6M :ME:CH:G:HJAIH;GDB8=6C<:H>C9:;:GG:9I6M6HH:IH6C9A>67>A>I>:H7:IL::CE:G>D9H :;:GG:9I6M6HH:IH6G:G:9J8:97N6K6AJ6I>DC6AADL6C8:>; 76H:9DCI=:L:><=ID;:K>9:C8:6K6>A67A: >I>HBDG: A>@:AN I=6C CDII=6IHDB:EDGI>DCDG6AAD;69:;:GG:9I6M6HH:IL>AACDI7:G:6A>O:9

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

/6M7:C:;>IHG:A6I:9IDJC8:GI6>CI6MEDH>I>DCH6G:G:8DO:9>;>I>HBDG: A>@:AN I=6C CDI 76H:9DCI=:I:8=C>86AB:G>IH I=6II=:I6MEDH>I>DCL>AA7:G:6A>O:9DGHJHI6>C:9JEDC:M6B>C6I>DC /=:I:GBBDG: A>@:AN I=6C CDIB:6CH6A>@:A>=DD9D;BDG: I=6CE:G8:CII=:I:GBH:M6B>C:96C9JEDC:M6B>C6I>DC6AHD>C8AJ9:G:HDAJI>DCD;I=:G:A6I:96EE:6AHDGA>I><6I>DC EGD8:HH:H >;6CN I6MEDH>I>DCI=6IB::IHI=:BDG: A>@:AN I=6C CDIG:8DI>DCI=G:H=DA9>H>C>I>6AAN6C9HJ7H:FJ:CIANB:6HJG:9 6HI=:A6G<:HI6BDJCID;I6M7:C:;>II=6I=6H6@:A>=DD9D;7:>CO:9JEDCH:IIA:B:CIL>I=6I6M>C< 6JI=DG>INI=6I=6H;JAA@CDLA:9<:D;6AAG:A:K6CI>C;DGB6I>DC /=:9:I:GB>C6I>DCD;L=:I=:GDGCDI6I6MEDH>I>DC=6HB:II=:BDG: A>@:AN I=6C CDIG:8DI>DCI=G:H=DA98DCH>9:GHI=: ;68IH 8>G8JBHI6C8:H 6C9>C;DGB6I>DC6K6>A67A:6II=:G:EDGI>C<96I:6C9>HHJ7?:8IIDB6C6<:B:CIVH?J958=0=280;BB4CB /G6CH;:GHD;;>C6C8>6A6HH:IH6G:688DJCI:9;DG6HH6A:HL=:C8DCIGDADK:GI=:6HH:IH=6H7::CHJGG:C9:G:9 DCIGDADK:G IG6CH;:GG:96HH:IH>H9::B:9ID7:HJGG:C9:G:9L=:CI=:6HH:IH=6K:7::C>HDA6I:9;GDBI=:DBE6CN EJIEG:HJBEI>K:AN 7:NDC9G:68=D;I=:DBE6CN6C9>IH8G:9>IDGH :K:C>C76C@GJEI8NDGDI=:GG:8:>K:GH=>E I=:IG6CH;:G::D7I6>CHI=:G><=I;G:: D;8DC9>I>DCHI=6I8DCHIG6>C>I;GDBI6@>C<69K6CI6<:D;I=6IG><=IIDEA:9<:DG:M8=6C<:I=:IG6CH;:GG:96HH:IH 6C9I=: DBE6CN9D:HCDIB6>CI6>C:;;:8I>K:8DCIGDADK:GI=:IG6CH;:GG:96HH:IHI=GDJ<=6C6G B6IJG>INDGI=:67>A>INIDJC>A6I:G6AAN86JH:I=:=DA9:GIDG:IJGCHE:8>;>86HH:IH .:8JG>I>:HHDA9JC9:G6O:9;>C6C8>CDCH6C96G: G:8DG9:96I6BDJCIH6IL=>8=I=:H:8JG>I>:HL:G:;>C6C8:9 EAJH688GJ:9>CI:G:HI 458=434=458C&;0= /=:DBE6CN6HHJB:9EA6CHEDCHDGH=>ED;I=:#!!>C6C8>6ADGE +:CH>DC+A6C6HE6GID;I=:#!!>C6C8>6A68FJ>H>I>DC *C*8ID7:G I=:D6G9D; >G:8IDGH69DEI:96EGDK>H>DCIDI:GB>C6I:I=:+A6C:;;:8I>K:!:7GJ6GN HD; .:EI:B7:G I=:IG6CH;:GD;6AA+:CH>DC+A6C6HH:IH A>67>A>I>:H6C969B>C>HIG6I>K:G:HEDCH>7>A>I>:HL6H8DBEA:I:9 (4E4=D4(42>6=8C8>= /=:DBE6CN69DEI:9.0 %1B1:A12>;9;:@>-/@?C5@4A?@;91>?';<5/6C9HJ7H:FJ:CIG:A6I:9 .0H:;;:8I>K:*8ID7:G JH>C;>:9G:IGDHE:8I>K:6EEGD68= L=>8=:HI67A>H=:HEG>C8>EA:H;DGG:EDGI>C<>C;DGB6I>DC 67DJII=:C6IJG: 6BDJCI I>B>C<6C9JC8:GI6>CIND;G:K:CJ:6C986H=;ADLH6G>H>C<;GDBI=:DBE6CNH8DCIG68IHIDEGDK>9: 8:HID8JHIDB:GH /=:8DG:EG>C8>EA:G:FJ>G:H6C:CI>INIDG:8DO:G:K:CJ:ID9:E>8II=:IG6CH;:GD;8:HID8JHIDB:GH>C6C6BDJCII=6IG:;A:8IHI=:8DCH>9:G6I>DC>I:ME:8IHID7::CI>IA:9IDG:8:>K:>C:M8=6C<:;DGI=DH:8:HG:8DO:96HE:G;DGB6C8:D7A><6I>DCH6G:H6I>H;>:9

/=:B6?DG>IND;I=:DBE6CNHG:K:CJ: <:C:G6I>CDCH6G:CDIHJ7?:8IID./DE>8 >C8AJ9>CC6C8>6A>CHIGJB:CIH HJ8=6HAD6CH A:II:GHD;8G:9>I 9:G>K6I>K:H6C9>CK:HIB:CIH:8JG>I>:H 6HL:AA6HG:K:CJ: G:A6I:9IDBDGI<6<:H:GK>8>C<68I>K>I>:H 6HI=:H:68I>K>I>:H6G:HJ7?:8IIDDI=:G"+9>H8JHH:9:AH:L=:G:L>I=>C)DI: )6IJG: D;*E:G6I>DCH6C9.JBB6GND;.>;>86CI88DJCI>C<+DA>8>:H :H8G>EI>DCHD;I=:DBE6CNHG:K:CJ: <:C:G6I>C<68I>K>I>:HI=6I 6G:L>I=>CI=:H8DE:D;./DE>8 L=>8=6G:EG:H:CI:9>CI=:8DCHDA>96I:9>C8DB:HI6I:B:CIH6H8DBEDC:CIHD;CDC>CI:G:HI >C8DB: 6G:6H;DAADLH &37*$&$)"3(&4"/%'&&40/%&104*5"$$06/54.:GK>8:8=6G<:HDC9:EDH>I688DJCIH6G::6GC:9;DG688DJCIB6>CI:C6C8: 6C9DK:G9G6;I L>G:6C9IG:6HJGNB6C6<:B:CIH:GK>8:H -:K:CJ:>HG:8DO:96II=:I>B:I=:H:GK>8:H6G:E:G;DGB:96C9 >H>C8AJ9:9>CH:GK>8:8=6G<:H6C9DI=:G;::HL>I=>CCDC>CI:G:HI>C8DB:DCI=:8DCHDA>96I:9HI6I:B:CIHD;>C8DB: /5&3$)"/(&"/%.&3$)"/54&37*$&4*/$0.&$CI:G8=6C<:6C9B:G8=6CIH:GK>8:H>C8DB:6G::6GC:9;GDB8G:9>I6C99:7>I 86G9E6NB:CIEGD8:HH>C6I>DCC:ILDG@H B:G8=6CIH:GK>8:H6C9DI=:G86G9G:A6I:9H:GK>8:H !::H;DG I=:H:H:GK>8:H6G:EG>B6G>AN76H:9DC>CI:G8=6C<:G6I:HH:I7NI=:C:ILDG@H6C9IG6CH68I>DCKDAJB:H6C96G:G:8DO:9 6HIG6CH68I>DCH6G:EGD8:HH:96C9H:IIA:9L>I=C:ILDG@HDC7:=6A;D;86G9=DA9:GH /=:H:;::H6G:EG:H:CI:9C:ID;9>G:8I :ME:CH:H >C8AJ9>C6I:9L>I=8G:9>I6C99:7>I86G9>CI:G8=6C<:>C8DB:>CH:GK>8:8=6G<:H6C9DI=:G ;::HL=>8=6G:>C8AJ9:9>CCDC>CI:G:HI>C8DB:DCI=:8DCHDA>96I:9HI6I:B:CIHD;>C8DB: !&"-5)."/"(&.&/5"/%53645'&&*/$0.&2:6AI=B6C6<:B:CI6C9IGJHI;::H6G::6GC:9;DG6HH:IB6C6<:B:CI 8JHID9N 6C9G:8DG9@::E>C< >CK:HIB:CI69K>HDGN6C969B>C>HIG6I>K:H:GK>8:H -:K:CJ:>HG:8DO:96HI=:H:GK>8:H6G: E:G;DGB:9 GD@:G6<:8=6G<:H6G:G:8DG9:96H6C:IG:9J8I>DC>CL:6AI=B6C6<:B:CI;::HL=>8=6G:>C8AJ9:9>C CDC>CI:G:HI>C8DB:DCI=:8DCHDA>96I:9HI6I:B:CIHD;>C8DB: 5)&3/0/*/5&3&45*/$0.&*I=:GCDC>CI:G:HI>C8DB:EG>B6G>AN>C8AJ9:HHJ8=>I:BH6HA:II:GD;8G:9>I;::H <6>CHDCH6A: D;AD6CH=:A9;DGH6A:6C9H:GK>8>C<;::H CDC:D;L=>8=6G:HJ7?:8IIDI=:G:FJ>G:B:CIHD;./DE>8

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

/=:;DAADL>CCI:G:HI>C8DB:H:I=8JHIDB:GHL>I=>CI=:H8DE:D; ./DE>86C9I=DH:L>I=>CI=:H8DE:D;DI=:G"+/DE>8H /=:;DAADL>C<699>I>DC6AANEG:H:CIHG:K:CJ:H;GDB8JHIDB:GH I=6I6G:>C8AJ9:9L>I=>CCDC>CI:G:HI>C8DB: 8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0? $>=8=C4A4BC8=2><4 .:GK>8:8=6G<:H6C9DI=:G;::H 2:6AI=B6C6<:B:CI;::H *I=:G )DC>CI:G:HI>C8DB:;GDB8DCIG68IHL>I=8JHIDB:GHL>I=>CI=:H8DE:D;./DE>8X )DC>CI:G:HI>C8DB:L>I=>CI=:H8DE:D;DI=:G"+/DE>8HY /DI6ACDC>CI:G:HI>C8DB:

BDJCIH;DGE:G>D9H6;I:G*8ID7:G 6G:EG:H:CI:9>C688DG96C8:L>I=./DE>8 -:K:CJ:;GDBDCIG68IHL>I=JHIDB:GH :M8:EI;DGDJID;H8DE:6BDJCIH BDJCIH ;DGE:G>D9HEG>DGID*8ID7:G 6G:EG:H:CI:9>C688DG96C8:L>I=./DE>8 -:K:CJ:-:8DI>DC 6C9=6K:CDI7::CG:HI6I:9ID8DC;DGBL>I=./DE>8 -:K:CJ: ;GDBDCIG68IHL>I=JHIDB:GH /=:DBE6CNEG:H:CIHDJID;H8DE:CDC>CI:G:HI>C8DB:;DGI=:EJGEDH:D;G:8DC8>A>CCI:G:HI>C8DB:6BDJCIHL>I=>CI=:H8DE:D;./DE>8IDCDC>CI:G:HI>C8DB: 6BDJCIHEG:H:CI:9DCI=:DBE6CNH8DCHDA>96I:9HI6I:B:CIHD;>C8DB: ><4 DBEG:=:CH>K:>C8DB:8DCH>HIHD;C:I>C8DB:6C9DI=:G8DBEG:=:CH>K:>C8DB: C:ID;6EEA>867A:>C8DB:I6M:H !DG ;>H86AN:6G DI=:G8DBEG:=:CH>K:>C8DB:ADHH8DCH>HI:9D;JCG:6A>O:96EEG:8>6I>DC9:EG:8>6I>DCDC6K6>A67A:;DGH6A: H:8JG>I>:H !DG;>H86AN:6GH6C9 DI=:G8DBEG:=:CH>K:>C8DB:ADHH8DCH>HI:9D;JCG:6A>O:96EEG:8>6I>DC9:EG:8>6I>DC DC6K6>A67A:;DGH6A:H:8JG>I>:H6C9I=:9:;>C:97:C:;>IE:CH>DCEA6CD7A><6I>DC68FJ>G:9;GDB#!!>C6C8>6AL=>8=8DK:G:9;DGB:G :BEADN::HD;#!!>C6C8>6A6C9>IHL=DAAN DLC:9HJ7H>9>6G>:H $4F22>D=C8=6)C0=30A3B //;A:@5:3&@-:0->0?0;<@105:5?/-8+1-> $C(6N I=:!.>HHJ:9.0 ;9<1:?-@5;:&@;/7;9<1:?-@5;:';<5/ &/;<1;2 ;0525/-@5;: //;A:@5:3 L=>8=EGDK>9:996C8:67DJIL=>8=8=6C<:HIDI=:I:GBHDG8DC9>I>DCHD;6H=6G: 76H:9E6NB:CI6L6G9G:FJ>G:6C :CI>INID6EEANBD9>;>86I>DC688DJCI>C< 0C9:G.0 6C:CI>INL>AACDI6EEANBD9>;>86I>DC688DJCI>C;6AAD;I=:;DAADL>C<6G:I=:H6B:>BB:9>6I:AN7:;DG:6C96;I:GI=:8=6C<:>I=:6L6G9H;6>GK6AJ: >>I=: 6L6G9HK:HI>C<8DC9>I>DCH6C9>>>I=:6L6G9H8A6HH>;>86I>DC6H6C:FJ>INDGA>67>A>IN>CHIGJB:CI /=:DBE6CN69DEI:9I=: HI6C96G9:;;:8I>K:*8ID7:G DC6EGDHE:8I>K:76H>H /=:69DEI>DC9>9CDI=6K:6B6I:G>6A>BE68IDCI=:8DCHDA>96I:9 ;>C6C8>6AHI6I:B:CIH $C%6CJ6GN I=:!.>HHJ:9.0 A?5:1??;9.5:-@5;:?';<5/ 8->52E5:3@41125:5@5;:;2- A?5:1?? L=>8=8DCI6>C:96B:C9B:CIHI=6I8A6G>;NI=:9:;>C>I>DCD;67JH>C:HHL>I=I=:D7?:8I>K:D;699>C<96C8:ID6HH>HI :CI>I>:HL>I=:K6AJ6I>CDCHH=DJA97:688DJCI:9;DG6H68FJ>H>I>DCHDG9>HEDH6AHD;6HH:IHDG7JH>C:HH:H 0C9:G I=::M>HI>C<>BEA:B:CI6I>DC96C8:>C/DE>8 I=:G:6G:I=G:::A:B:CIHD;67JH>C:HH>CEJIH EGD8:HH:H 6C9DJIEJIH 2=>A: 6C>CI:K>I>:H8DAA:8I>K:ANG:;:GG:9ID6H6TH:IUI=6I>H67JH>C:HHJHJ6AAN=6HDJIEJIH DJIEJIH6G:CDI G:FJ>G:9ID7:EG:H:CI $C699>I>DC 6AAI=:>CEJIH6C9EGD8:HH:HI=6I6H:AA:GJH:H>CDE:G6I>C<6H:I6G:CDIG:FJ>G:9>;B6G@:I E6GI>8>E6CIH86C68FJ>G:I=:H:I6C98DCI>CJ:IDEGD9J8:DJIEJIH .0 6B:C9B:CIHEGDK>9:96H8G::CID9:I:GB>C:L=:C 6H:I>HCDI67JH>C:HH $;I=:H8G::C>HCDIB:I I=:6B:C9B:CIHG:FJ>G:I=6IID7:8DCH>9:G:967JH>C:HH 6H:IBJHI>C8AJ9: 6I6 B>C>BJB 6C>CEJI6C96HJ7HI6CI>K:EGD8:HHI=6IID<:I=:GH>;>86CIAN8DCIG>7JI:IDI=:67>A>INID8G:6I:DJIEJI6C9G:BDK: I=::K6AJ6I>DCD;L=:I=:G6B6G@:IE6GI>8>E6CI8DJA9G:EA68:B>HH>C<:A:B:CIH .0 EGDK>9:96;G6B:LDG@ID6HH>HI :CI>I>:H>C:K6AJ6I>CCEJI6C96HJ7HI6CI>K:EGD8:HH6G:EG:H:CI /=:DBE6CN69DEI:9I=:HI6C96G9:;;:8I>K: *8ID7:G DC6EGDHE:8I>K:76H>H /=:69DEI>DC9>9CDI=6K:6C>BE68IDCI=:8DCHDA>96I:9;>C6C8>6AHI6I:B:CIH $C*8ID7:G I=:!.>HHJ:9.0 ;:?;850-@5;:';<5/ :@1>1?@?4180@4>;A34%18-@10#->@51?@4-@ ->1A:01>;99;:;:@>;8 L=>8=6AI:G:9=DL69:8>H>DCB6@:GC::9HID8DCH>9:G>C9>G:8I>CI:G:HIH>C6K6G>67A:>CI:G:HI:CI>IN =:A9I=GDJ<=6C:CI>INJC9:G8DBBDC8DCIGDA6C9H>BEA>;>:9I=6I6C6ANH>HIDG:FJ>G:8DCH>9:G6I>DCD;DCAN6C:CI>INVH EGDEDGI>DC6I:>C9>G:8I>CI:G:HI>C61$ =:A9I=GDJ<=68DBBDC8DCIGDAE6GIN /=:DBE6CN69DEI:9I=:HI6C96G9:;;:8I>K: *8ID7:G /=:69DEI>DC9>9CDI=6K:6C>BE68IDCI=:8DCHDA>96I:9;>C6C8>6AHI6I:B:CIH

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

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

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

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

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

(4BCA82C8>=B>=0B70=30B7@D8E0;4=CB /=:DBE6CN>HG:FJ>G:9IDB6>CI6>CG:H:GK:76A6C8:H>C86H=6C9DC9:EDH>IL>I=I=:!:9:G6A-:H:GK:76H:9DC6 E:G8:CI6<:D;IG6CH68I>DC6A9:EDH>IH /=:IDI6AG:FJ>G:B:CIL6H6EEGDM>B6I:AN B>AA>DC6C9 B>AA>DC6I.:EI:B7:G 6C9 G:HE:8I>K:AN )42DA8C84BE08;01;45>A)0;4 /=:6BDGI>O:98DHI6C96EEGDM>B6I:;6>GK6AJ:D;>CK:HIB:CIH>CH:8JG>I>:H 6AAD;L=>8=6G:8A6HH>;>:96H6K6>A67A:;DG H6A:688DG9>CCI:CI 6G:HJBB6G>O:96H;DAADLH

<>AC8I43 A>BB+=A40;8I43 A>BB+=A40;8I43 BC8<0C43 >BC 08=B ">BB4B 08A,0;D4 0;88->?5:@4;A?-:0? B>5)4?C4<14A 0 . /G:6HJGNH:8JG>I>:H (DGI<6<: 768@:9H:8JG>I>:H "DK:GCB:CI)6I>DC6A(DGI<6<:HHD8>6I>DC !:9:G6A#DB:'D6C(DGI<6<:DGEDG6I>DC !:9:G6A)6I>DC6A(DGI<6<:HHD8>6I>DC .B6AAJH>C:HHHH>HI6C8:+GDI>86AHJ79>K>H>DCH:8JG>I>:H *I=:G S /DI6A

<>AC8I43 A>BB+=A40;8I43 A>BB+=A40;8I43 BC8<0C43 >BC 08=B ">BB4B 08A,0;D4 0;88->?5:@4;A?-:0? B>5)4?C4<14A 0 . /G:6HJGNH:8JG>I>:H S (DGI<6<: 768@:9H:8JG>I>:H "DK:GCB:CI)6I>DC6A(DGI<6<:HHD8>6I>DC !:9:G6A#DB:'D6C(DGI<6<:DGEDG6I>DC S !:9:G6A)6I>DC6A(DGI<6<:HHD8>6I>DC S .B6AAJH>C:HHHH>HI6C8:+GDI>86AHJ79>K>H>DCH:8JG>I>:H *I=:G S /DI6A /=:6BDGI>O:98DHI6C96EEGDM>B6I:;6>GK6AJ:D;9:7IH:8JG>I>:H6K6>A67A:;DGH6A:6HD;.:EI:B7:G 6C9 7N8DCIG68IJ6AB6IJG>IN 6G:H=DLC7:ADL (6IJG>I>:HD;BDGI<6<: 768@:9H:8JG>I>:HB6N9>;;:G;GDB8DCIG68IJ6AB6IJG>I>:H 7:86JH:I=:BDGI<6<:HJC9:GAN>CI>:HB6N7:86AA:9DGG:E6>9L>I=DJI6CNE:C6AIN

)4?C4<14A )4?C4<14A <>AC8I43 BC8<0C43 <>AC8I43 BC8<0C43 >BC 08A,0;D4 >BC 08A,0;D4 0;88->?5:@4;A?-:0? J:>CDC:N:6GDGA:HH J:6;I:GDC:N:6GI=GDJ<=;>K:N:6GH J:6;I:G;>K:N:6GHI=GDJ<=I:CN:6GH J:6;I:GI:CN:6GH S S (DGI<6<: 768@:9H:8JG>I>:H .:8JG>I>:HL>I=DJI8DCIG68IJ6AB6IJG>I>:H /DI6A

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

+GD8::9H;GDBH6A:HD;H:8JG>I>:H6K6>A67A:;DGH6A:L:G: B>AA>DC B>AA>DC6C9 B>AA>DC;DGI=:;>H86A N:6GH:C9:9.:EI:B7:G 6C9G:HE:8I>K:AN "GDHH<6>CHEG: I6MD; B>AA>DC B>AA>DC6C9 B>AA>DC L:G:G:6A>O:9DCI=:H6A:H;DGI=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9 G:HE:8I>K:AN JH>C;>8 >9:CI>;>86I>DCB:I=D9 "GDHHADHH:HEG: I6ML:G: B>AA>DC B>AA>DC6C9 B>AA>DC;DGI=:;>H86AN:6GH:C9:9 .:EI:B7:G 6C9 G:HE:8I>K:AN JH>C;>8>9:CI>;>86I>DCB:I=D9 /=:DBE6CNG:8DO:9CDDI=:G I=6C I:BEDG6GN>BE6>GB:CI;DGI=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9 .:8JG>I>:HL>I=6C:HI>B6I:9;6>GK6AJ:D;6EEGDM>B6I:AN B>AA>DC6C9 B>AA>DC6I.:EI:B7:G 6C9 G:HE:8I>K:AN L:G:EA:9<:96H8DAA6I:G6ADCEJ7A>89:EDH>IH H:8JG>I>:HHDA9JC9:G6G:9DGE:GB>II:97NA6L /=:8DJCI:GE6GI>:H9DCDI=6K:I=:G><=IIDH:AADGEA:9<:I=:H:8JG>I>:HI=:DBE6CN=6H EA:9<:96H8DAA6I:G6A H9:I6>A:9>CI=:;DAADL>CC>CK:HIB:CIH>C9:7IH:8JG>I>:H L=>8=6G:6EEGDM>B6I:AN6C9D;I=: DBE6CNVH>CK:HIB:CIEDGI;DA>D6I.:EI:B7:G 6C9 G:HE:8I>K:AN 6G:G:EDGI:9>CI=:8DCHDA>96I:9;>C6C8>6A HI6I:B:CIH6I6C6BDJCIA:HHI=6CI=:>G6BDGI>O:98DHI 6H:9DC:K6AJ6I>DCD;6K6>A67A::K>9:C8: >C8AJ9>CC B6G@:I>CI:G:HIG6I:H 8G:9>IG6I>C<>C;DGB6I>DC >BEA>8>IDG:MEA>8>IC;DGB6I>DCD7I6>C:9;GDB G:A>C:K:HI=:9:8A>C:H>C;6>GK6AJ:D;I=:H:H:8JG>I>:H6G:I:BEDG6GN HI=:DBE6CN9D:HCDI >CI:C9IDH:AAI=:H:8JG>I>:H6C9>I>HCDIBDG: A>@:AN I=6C CDII=6II=:DBE6CNL>AA7:G:FJ>G:9IDH:AAI=:H:8JG>I>:H7:;DG:I=: G:8DK:GND;I=:>G6BDGI>O:98DHI76H>H L=>8=B6N7:B6IJG>IN I=:DBE6CN9D:HCDI8DCH>9:GI=:H:8JG>I>:HID7:DI=:G I=6C I:BEDG6G>AN>BE6>G:96I.:EI:B7:G DG /=:;DAADL>CO:9ADHH:H6C96EEGDM>B6I:;6>GK6AJ:>C>CK:HIB:CIH 6<CK:HIB:CI86I:B:I=6I>C9>K>9J6AH:8JG>I>:H=6K:7::C>C68DCI>CJDJHJCG:6A>O:9ADHHEDH>I>DC

"4BBC70= <>=C7B <>=C7B>A<>A4 *>C0; BC8<0C43 +=A40;8I43 BC8<0C43 +=A40;8I43 BC8<0C43 +=A40;8I43 08A,0;D4 ">BB4B 08A,0;D4 ">BB4B 08A,0;D4 ">BB4B 0;88->?5:@4;A?-:0? B>5)4?C4<14A 0 . /G:6HJGNH:8JG>I>:H J J (DGI<6<: 768@:9H:8JG>I>:H .I6I:H6C9EDA>I>86AHJ79>K>H>DCH:8JG>I>:H J J *I=:G JJ JJ JS /DI6A

"4BBC70= <>=C7B <>=C7B>A<>A4 *>C0; BC8<0C43 +=A40;8I43 BC8<0C43 +=A40;8I43 BC8<0C43 +=A40;8I43 08A,0;D4 ">BB4B 08A,0;D4 ">BB4B 08A,0;D4 ">BB4B 0;88->?5:@4;A?-:0? B>5)4?C4<14A 0 . /G:6HJGNH:8JG>I>:H S S (DGI<6<: 768@:9H:8JG>I>:H .I6I:H6C9EDA>I>86AHJ79>K>H>DCH:8JG>I>:H *I=:G S S /DI6A HD;.:EI:B7:G 6C9 I=:DBE6CN=696C9H:8JG>I>:H G:HE:8I>K:AN >C6CJCG:6A>O:9ADHH EDH>I>DC

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

 ">0=B /=:;DAADL>CI>DCD;C:IAD6CH6HD;.:EI:B7:G 6C9

)4?C4<14A 0;88->?5:@4;A?-:0? DBB:G8>6AG:6A:HI6I: 8JAIJG: DBB:G8>6ACDC G:6A:HI6I: -:H>9:CI>6AG:6A:HI6I: DCHJB:G *I=:G C9>C<76A6C8: ':HH0C6BDGI>O:99>H8DJCIDC68FJ>G:9AD6CH 0C:6GC:9C:I9:;:GG:9;::H6C98DHIH6C9AD6CH>CEGD8:HH /DI6A /=:AD6CH:C8AJ9:AD6CH8DK:G:97N6! $ADHHH=6G>C<6CAA>DC6C9 B>AA>DC6HD;.:EI:B7:G 6C9 G:HE:8I>K:AN G:H>9:CI>6AG:6A:HI6I:AD6CH=:A9;DGH6A:IDI6A>CAA>DC6C9 B>AA>DC6I.:EI:B7:G 6C9 G:HE:8I>K:AN 6C9 B>AA>DC6C9 B>AA>DCD;AD6CH688DJCI:9;DG6I;6>GK6AJ: 6HD;.:EI:B7:G 6C9 G:HE:8I>K:AN 0C:6GC:9C:I9:;:GG:9;::H6C98DHIHIDI6A:9 B>AA>DC6C9 B>AA>DC6HD;.:EI:B7:G 6C9 G:HE:8I>K:AN 'D6CH>CEGD8:HHG:EG:H:CIAD6CHI=6I=6K:7::C;JC9:96HD;I=:76A6C8:H=::I96I:H7JICDI8A6HH>;>:9>CID6AD6C 86I:K:96HD;I=:76A6C8:H=::I96I:HI=6I=6K:CDI7::C6EEA>:9ID>C9>K>9J6AAD6C688DJCIH 'D6CH>C EGD8:HHIDI6A:9 B>AA>DC6C9 B>AA>DC6HD;.:EI:B7:G 6C9 G:HE:8I>K:AN 'D6CH:HD;I=:0 . AA>DC6C9 B>AA>DC6I.:EI:B7:G 6C9 G:HE:8I>K:AN +G>C8>E6A76A6C8:HD;G:H>9:CI>6AG:6A:HI6I:AD6CHHDA9IDI6A:9 B>AA>DC6C9 B>AA>DC;DGI=:;>H86AN:6GH:C9:9 .:EI:B7:G 6C9 G:HE:8I>K:AN !;:-//>A-8 /=:;DAADL>CC<. AD6CH 'D6CHAA688GJ>C<>CI:G:HI6HD;.:EI:B7:G 6C9L:G: B>AA>DC6C9 B>AA>DC G:HE:8I>K:AN

)4?C4<14A $>=022AD0;;>0=B 0;88->?5:@4;A?-:0? DBB:G8>6AG:6A:HI6I: 8JAIJG: DBB:G8>6ACDC G:6A:HI6I: -:H>9:CI>6AG:6A:HI6I: DCHJB:G /DI6A

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

>105@$A-85@E:2;>9-@5;: /=:;DAADL>CI>DCD;I=:AD6CEDGI;DA>D7N>CI:GC6AAN6HH>HI67A:>HEG:H:CI:9C:ID;JC6BDGI>O:99>H8DJCIDC68FJ>G:9AD6CH6C9:M8AJ9:HAD6CHB:6HJG:96I;6>GK6AJ:L>I= 8=6C<:H>C;6>GK6AJ:G:EDGI:9>C:6GC>CAA>DC;DG.:EI:B7:G 6C9 B>AA>DC;DG.:EI:B7:G

><<4A280; ><<4A280; $>=(40; (4B834=C80; B>5)4?C4<14A (40;BC0C4 6A82D;CDA4 BC0C4 (40;BC0C4L >=BD<4AL %C74A *>C0; A438C(8B:&A>58;41H =C4A=0;;HBB86=43A034 0;88->?5:@4;A?-:0? "G69: +6HH 26I8=A>HI S .J7HI6C96G9 S DJ7I;JA S 'DHH SSSSSSS C9>C<76A6C8: 'D6CH8DK:G:97N6! $ADHHH=6G>C<6

><<4A280; ><<4A280; $>=(40; (4B834=C80; B>5)4?C4<14A (40;BC0C4 6A82D;CDA4 BC0C4 (40;BC0C4L >=BD<4AL %C74A *>C0; A438C(8B:&A>58;41H =C4A=0;;HBB86=43A034 0;88->?5:@4;A?-:0? "G69: +6HH 26I8=A>HI S .J7HI6C96G9 S DJ7I;JA S S 'DHH SSSSSSS C9>C<76A6C8: 'D6CH8DK:G:97N6! $ADHHH=6G>C<6

/=:DBE6CN<:C:G6AAN9D:HCDIG>H@G6I:G:H>9:CI>6AG:6A:HI6I:DG8DCHJB:GAD6CHJCA:HH69:;6JAI:K:CIHJ8=6H676C@GJEI8NDG:MI:C9:9CDCE:G;DGB6C8:I6@:HEA68: AI:GC6I>K:AN HI6C96G98G:9>IH8DG>CIG>H@HD;G:H>9:CI>6AG:6A:HI6I:6C98DCHJB:GAD6CH #-?@A1 ;-:? /=:;DAADL>CHI67A:>HEG:H:CI:9C:I D;JC6BDGI>O:99>H8DJCIDC68FJ>G:9AD6CH6C9:M8AJ9:HAD6CHB:6HJG:96I;6>GK6AJ:L>I=8=6C<:H>C;6>GK6AJ:G:EDGI:9>C :6GC>CAA>DC;DG.:EI:B7:G 6C9 B>AA>DC;DG.:EI:B7:G

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

0HB>A *>C0; 0HB 0HB A40C4A&0BC *>C0; 8=0=28=6 &0BCD4 &0BCD4 D4 &0BCD4 DAA4=C (4248E01;4B B>5)4?C4<14A 0;88->?5:@4;A?-:0? DBB:G8>6AG:6A:HI6I: 8JAIJG: DBB:G8>6ACDC G:6A:HI6I: -:H>9:CI>6AG:6A:HI6I: DCHJB:G *I=:G SSSS C9>C<76A6C8: 'D6CH8DK:G:97N6! $ADHHH=6G>C<610 ;-:? /=:;DAADL>CBE6>G:9AD6CH /=>HI67A::M8AJ9:HEJG8=6H:98G:9>I>BE6>G:9AD6CH6C9 AD6CHB:6HJG:96I;6>GK6AJ:L>I=8=6C<:H>C;6>GK6AJ:G:EDGI:9>C:6GC>CAA>DC;DG.:EI:B7:G 6C9 B>AA>DC;DG.:EI:B7:G

)4?C4<14A )4?C4<14A +=?083 +=?083 (42>A343 &A8=28?0; (4;0C43 (42>A343 &A8=28?0; (4;0C43 =E4BC<4=C 0;0=24 ;;>F0=24 =E4BC<4=C 0;0=24 ;;>F0=24 0=B 0;88->?5:@4;A?-:0? 2>I=6C6AADL6C8:G:8DG9:9 DBB:G8>6AG:6A:HI6I: 8JAIJG: DBB:G8>6ACDC G:6A:HI6I: -:H>9:CI>6AG:6A:HI6I: DCHJB:G /DI6A>BE6>G:9AD6CHL>I=6C6AADL6C8:G:8DG9:9 2>I=CD6AADL6C8:G:8DG9:9 DBB:G8>6AG:6A:HI6I: S S 8JAIJG: S S DBB:G8>6ACDC G:6A:HI6I: S S -:H>9:CI>6AG:6A:HI6I: S S DCHJB:G S S /DI6A>BE6>G:9AD6CHL>I=CD6AADL6C8:G:8DG9:9 S S /DI6A>BE6>G:9AD6CH /=:;DAADL>CCK:HIB:CIDC>BE6>G:9AD6CH6C9>CI:G:HI>C8DB:G:8DO:9DC >BE6>G:9AD6CH;DGI=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9

8B20;/40AB=343)4?C4<14A =C4A4BC =2><4 =C4A4BC =2><4 =C4A4BC =2><4 E4A064 (42>6=8I43 E4A064 (42>6=8I43 E4A064 (42>6=8I43 (42>A343 -78;4>= (42>A343 -78;4>= (42>A343 -78;4>= =E4BC<4=C ?5:@4;A?-:0? DBB:G8>6AG:6A:HI6I: 8JAIJG: DBB:G8>6ACDC G:6A:HI6I: -:H>9:CI>6AG:6A:HI6I: DCHJB:G /DI6A 16AJ6I>DC69?JHIB:CIHB69:IDG:EDHH:HH:9EGDE:GI>:H;DGI=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9 IDI6A:9 B>AA>DC6C9 B>AA>DC G:HE:8I>K:AN /=:69?JHIB:CIH6G:>C8AJ9:9>CC:IADHHDCG:EDHH:HH:9EGDE:GIN6C9DI=:GG:A6I:9 :ME:CH:H>CCDC>CI:G:HI:ME:CH:

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

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

)4?C4<14A )4?C4<14A 22AD8=6 $>=022AD0; 22AD8=6 $>=022AD0; 0;88->?5:@4;A?-:0? DBB:G8>6AG:6A:HI6I: 8JAIJG: DBB:G8>6ACDC G:6A:HI6I: -:H>9:CI>6AG:6A:HI6I: DCHJB:G S /DI6A / -H6G:<:C:G6AANG:HIGJ8IJG:9I=GDJ<=:>I=:G6G6I:BD9>;>86I>DC I:GB:MI:CH>DC E6NB:CIBD9>;>86I>DCDG9J:ID6 76C@GJEI8N /=:;DAADL>CCC/ -H9JG>CH86AN:6GH:C9:9 .:EI:B7:G 6C9

)4?C4<14A )4?C4<14A )4?C4<14A (42>A343 =E4BC<4=C (42>A343 =E4BC<4=C (42>A343 =E4BC<4=C &A4 &>BC &A4 &>BC &A4 &>BC $D<14A #>385820C8>= #>385820C8>= $D<14A #>385820C8>= #>385820C8>= $D<14A #>385820C8>= #>385820C8>= 0;88->?5:@4;A?-:0? DBB:G8>6AG:6A:HI6I: 8JAIJG: DBB:G8>6ACDC G:6A:HI6I: S S S -:H>9:CI>6AG:6A:HI6I: S S S S S S DCHJB:G /DI6A688GJ>C< =6C<:>CG:8DG9:9>CK:HIB:CI9J:ID EG>C8>E6AE6N9DLC6II>B:D;BD9>;>86I>DC S S S S S S S S S =6C<:>CG:8DG9:9>CK:HIB:CI9J:ID 8=6G<:D;;H6II>B:D;BD9>;>86I>DC S S S S S S S S S /=:;DAADL>CCC/ -H9JG>CH86AN:6GH:C9:9 .:EI:B7:G 6C9

)4?C4<14A )4?C4<14A )4?C4<14A (42>A343 =E4BC<4=C (42>A343 =E4BC<4=C (42>A343 =E4BC<4=C &A4 &>BC &A4 &>BC &A4 &>BC $D<14A #>385820C8>= #>385820C8>= $D<14A #>385820C8>= #>385820C8>= $D<14A #>385820C8>= #>385820C8>= 0;88->?5:@4;A?-:0? DBB:G8>6AG:6A:HI6I: S S S S S S 8JAIJG: DBB:G8>6ACDC G:6A:HI6I: S S S -:H>9:CI>6AG:6A:HI6I: S S S S S S DCHJB:G S S S S S S /DI6ACDC688GJ>C< =6C<:>CG:8DG9:9>CK:HIB:CI9J:ID EG>C8>E6AE6N9DLC6II>B:D;BD9>;>86I>DC S S S S S S S S S =6C<:>CG:8DG9:9>CK:HIB:CI9J:ID 8=6G<:D;;H6II>B:D;BD9>;>86I>DC S S S S S S S S S

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

/=:;DAADL>C;>:96H/ -HL>I=>CI=:EG:K>DJHBDCI=H6C9;DGL=>8=I=:G:L6H6 E6NB:CI9:;6JAI;DGI=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9

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

><<4A280; ><<4A280; $>=(40; (4B834=C80; 8B20;/40A=343)4?C4<14A (40;BC0C4 6A82D;CDA4 BC0C4 (40;BC0C4 >=BD<4A %C74A *>C0; 0;88->?5:@4;A?-:0? :<>CC>C<76A6C8: *8ID7:G =6G<: D;;H -:8DK:G>:H +GDK>H>DC $BEGDK:B:CI>BE6>GB:CID;. AD6CH S S S C9>C<76A6C8: .:EI:B7:G

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

/=:;DAADL>C9:9:I6>AHG:<6G9>CO:99>H8DJCIDC68FJ>G:9AD6CH6C9:M8AJ9:HAD6CH D; B>AA>DCB:6HJG:96I;6>GK6AJ: AD6CH=:A9;DGH6A:D; B>AA>DC 6C9AA>DC;DG .:EI:B7:G 6C9AD6CHB:6HJG:96I;6>GK6AJ:D; B>AA>DC AD6CH=:A9;DGH6A:D; B>AA>DC 6C9AA>DC;DG.:EI:B7:G

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

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

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

8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0? 6A6C8: 7:<>CC>CD9 88G:I>DC -:8A6HH>;>86I>DC;GDBCDC688G:I67A:9>;;:G:C8: 6A6C8: :C9D;E:G>D9 /=:G:8A6HH>;>86I>DCH;GDBCDC688G:I67A:9>;;:G:C8:CDI:9>CI=:I67A:67DK:G:EG:H:CI>CHI6C8:HL=:G:HE:8>;>8EDDAHD; AD6CH6G::ME:8I:9IDE:G;DGB7:II:GDK:GI=:G:B6>C>C K:HD;I=:AD6CHI=6C:ME:8I:96II=:EG>DGG: 6HH:HHB:CI96I: /=:;DAADL>C9:HEJG8=6H:9>BE6>G:9AD6CH6I.:EI:B7:G 6C9

)4?C4<14A )4?C4<14A %DCBC0=38=6 (42>A343 %DCBC0=38=6 (42>A343 0;0=24L =E4BC<4=CM 0AAH8=6,0;D4N 0;0=24L =E4BC<4=CM 0AAH8=6,0;D4N 0;88->?5:@4;A?-:0? DBB:G8>6AG:6A:HI6I: 8JAIJG: DBB:G8>6ACDC G:6A:HI6I: -:H>9:CI>6AG:6A:HI6I: DCHJB:G /DI6AA:C9>C<

 -:EG:H:CIHI=:A:<6A76A6C8:D;. AD6CH -:EG:H:CIHI=:7DD@76A6C8:D;. AD6CH -:EG:H:CIHI=:7DD@76A6C8:D;. AD6CHC:ID;I=:G:A6I:96AADL6C8:;DGAD6C6C9A:6H:ADHH:H

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

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

/=:;DAADL>CK>ING:A6I:9IDI=:! $>C9:BC>;>86I>DC6HH:I;DGI=:;>H86AN:6GH :C9:9.:EI:B7:G 6C9

8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0? 6A6C8: 7:<>CC>CD9 BDGI>O6I>DC =6C<:H>C:ME:8I:9G:>B7JGH:B:CIH;GDB! $;DG8=6C<:H>C:ME:8I:98G:9>IADHH:H =6C<:H>CG:>B7JGH67A::ME:CH:H +6NB:CIHD;8DK:G:9ADHH:HIDI=:! $ 6A6C8: :C9D;E:G>D9 /=:ADHH8A6>BH;>A:96G:HJ7?:8IIDG:K>:L 6EEGDK6A 6C96CCJ6A6J9>IH7NI=:! $DG>IH6HH>6C8:L>I=I=:I:GBH>CI=:ADHHH=6G>C<68=:C9H%JC: &A4<8B4B0=3@D8?<4=C /=:;DAADL>CH:H6C9:FJ>EB:CI6C9I=:IDI6A6BDJCID;688JBJA6I:9 9:EG:8>6I>DC6HD;.:EI:B7:G 6C9

)4?C4<14A 0;88->?5:@4;A?-:0? '6C9 J>A9>CA9>C<>BEGDK:B:CIH !JGC>IJG:6C9:FJ>EB:CI DCHIGJ8I>DC>CEGD6I>DC +G:B>H:6C9:FJ>EB:CI C:I :EG:8>6I>DC:ME:CH:L6H B>AA>DC B>AA>DC6C9 B>AA>DC;DGI=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9 G:HE:8I>K:AN $C8AJ9:9>CI=:EG:B>H:H6C9:FJ>EB:CI>H B>AA>DC6C9 B>AA>DCD;EGDE:GIN=:A9;DGH6A:6HD;.:EI:B7:G 6C9 G:HE:8I>K:AN /=:DBE6CNB:6HJG:H6HH:IH=:A9;DGH6A:6II=:ADL:GD;86GGN>C<6BDJCIDG:HI>B6I:9;6>GK6AJ: /=:G:L:G:CD>BE6>GB:CI8=6G<:HG:8DO:96HD;.:EI:B7:G 6C9 4A8E0C8E48=0=280; =BCAD<4=CB /=:DBE6CNJH:H>CI:G:HIG6I:HL6EHIDB6C6<:>IH>CI:G:HIG6I:G>H@6C9B6G@:IG>H@>C688DBBD96I>CIH 8JHIDB:GH /=:DBE6CNG:8DO:H6AA9:G>K6I>K:HDCI=:8DCHDA>96I:976A6C8:H=::I6I;6>GK6AJ:>C:>I=:GDI=:G6HH:IHDG688GJ:9 :ME:CH:H6C9DI=:GA>67>A>I>:H6H6EEGDEG>6I: /=:;DAADL>CDC6A6BDJCIH6C9GK6AJ:HD;6AA 9:G>K6I>K:6HH:IH6C9A>67>A>I>:H=:A97NI=:DBE6CN6HD;.:EI:B7:G 6C9

)4?C4<14A )4?C4<14A $>C8>=0; A>BBBB4C A>BB"8018;8CH $>C8>=0; A>BBBB4C A>BB"8018;8CH <>D=C 08A,0;D4 08A,0;D4 <>D=C 08A,0;D4 08A,0;D4 0;88->?5:@4;A?-:0? 4A8E0C8E4B=>C34B86=0C430B74368=68=BCAD<4=CB $CI:G:HIG6I:HL6EH !>C6C8>6A>CHI>IJI>DC8DJCI:GE6GI>:H JHIDB:G8DJCI:GE6GI>:H S $CI:G:HIG6I:86EH !>C6C8>6A>CHI>IJI>DC8DJCI:GE6GI>:H S S S S JHIDB:G8DJCI:GE6GI>:H S S S S ->H@E6GI>8>E6I>DC6IB:CIH S S (DGI<6<:AD6C;DGL6G9H6A:8DCIG68IH S S /DI6A

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

!1@@5:3;21>5B-@5B1? /=:DBE6CNG:8DG9HI=:9:G>K6I>K:HDC6C:I76H>HL=:C6G><=ID;D;;H:I:M>HIH 76H:9DCIG6CH68I>DCHL>I=6H>CC<6A6I:G6AC:II>C<6B>A6G 6HI7:IL::CI=:DBE6CN6C9>IH8DJCI:GE6GI>:HI=6I8G:6I:6H>CBDGD7A><6I>DCIDE6NDGG:8:>K:I=: C:I6BDJCI>CH:IIA:B:CID;I=:>C9>K>9J6A9:G>K6I>K:8DCIG68IH I=:DBE6CNG:EDGIH9:G>K6I>K:6HH:IH6C9A>67>A>I>:HDC6C:I7N 9:G>K6I>K:8DCIG68I7N8DJCI:GE6GIN76H>H /=:;DAADL>C9:>C;DGB6I>DCDCI=:DBE6CNHC:II>C<69?JHIB:CIH6HD;.:EI:B7:G 6C9

$4C<>D=C &A4B4=C43>=C74 08A,0;D4%55B4C >=B>;830C43 A>BB08A,0;D4 <>D=C 0B7>;;0C4A0; 0;0=24)744C 0;88->?5:@4;A?-:0? B>5)4?C4<14A /DI6A :G>K6I>K:HH:IH /DI6A :G>K6I>K:'>67>A>I>:HX

 /=:G:L6H6C699>I>DC6A B>AA>DCD;8DAA6I:G6A=:A9;DG>C>I>6AB6G<>CL>I=6!JIJG:HA:6G>C<(:G8=6CI;DG8A:6G>C<9:G>K6I>K:H6I.:EI:B7:G 6C9>H>C8AJ9:9>CDI=:G 6HH:IH>CI=:8DCHDA>96I:976A6C8:H=::IH

$4C<>D=C &A4B4=C43>=C74 08A,0;D4%55B4C >=B>;830C43 A>BB08A,0;D4 <>D=C 0B7>;;0C4A0; 0;0=24)744C 0;88->?5:@4;A?-:0? B>5)4?C4<14A /DI6A :G>K6I>K:HH:IH /DI6A :G>K6I>K:'>67>A>I>:HX S

/=:G:L6H6C699>I>DC6A B>AA>DCD;8DAA6I:G6A=:A9;DG>C>I>6AB6G<>CL>I=6!JIJG:HA:6G>C<(:G8=6CI;DG8A:6G>C<9:G>K6I>K:H6I.:EI:B7:G 6C9>H>C8AJ9:9>CDI=:G 6HH:IH>CI=:8DCHDA>96I:976A6C8:H=::IH HL>I=6CN;>C6C8>6A>CHIGJB:CI 9:G>K6I>K:;>C6C8>6A>CHIGJB:CIH=6K:>C=:G:CIG>H@>C8AJ9>C<69K:GH:8=6C<:H>C >CI:G:HIG6I:H /=:DBE6CNVH:MEDHJG:ID9:G>K6I>K:8G:9>IG>H@>H9:;>C:96HI=:EDHH>7>A>IND;HJHI6>C>C<6ADHH9J:IDI=:;6>AJG: D;I=:8DJCI:GE6GINIDE:G;DGB>C688DG96C8:L>I=I=:I:GBHD;I=:8DCIG68I G:9>IG>H@H6HHD8>6I:9L>I=>CI:G:HIG6I:HL6EH6G: H>B>A6GIDI=DH:G:A6I>CI>DC6ADC 76A6C8:H=::I;>C6C8>6A>CHIGJB:CIH /=:DBE6CNB6C6<:H>CI:G:HIG6I:HL6E8G:9>IG>H@ L>I=I=:H6B:HI6C96G9H6C9EGD8:9JG:H6EEA>:9ID>IH8DBB:G8>6AA:C9>C<68I>K>I>:H >105@>5?7>18-@10/;:@5:31:@21-@A>1? /=:DBE6CN=6H6I=>IH9:G>K6I>K:8DJCI:GE6GI>:HI=6I8DCI6>C6EGDK>H>DCL=:G:>;I=:DBE6CNDGI=: 9:G>K6I>K:8DJCI:GE6GIN;6>AHIDB6>CI6>C>IHHI6IJH6H6L:AA69:FJ6I:AN86E>I6A>O:9>CHI>IJI>DC I=:CI=:8DJCI:GE6GIN=6HI=:G><=IID I:GB>C6I:I=:9:G>K6I>K:EDH>I>DCH6C9I=:DBE6CNDGI=:9:G>K6I>K:8DJCI:GE6GINLDJA97:G:FJ>G:9IDH:IIA:>IHD7A><6I>DCHJC9:G I=:6C>BJB8DAA6I:G6AEA:9<>CI=>IH.L6E :6A:GH6C9!JIJG:HA:6G>C<(:G8=6CI :<>CC>C<>CI=:H:8DC9FJ6GI:GD;;>H86AN:6G I=:DBE6CN:CI:G:9>CID-+HL>I=HDB:D;>IH9:G>K6I>K: 8DJCI:GE6GI>:HID6HHJB:I=:8G:9>I:MEDHJG:G:A6I:9ID>CI:G:HIG6I:9:G>K6I>K:8DCIG68IH /=:DBE6CNHAD6C8JHIDB:G:CI:GH>CID 6C>CI:G:HIG6I:HL6E9>G:8IANL>I=69:G>K6I>K:8DJCI:GE6GIN6C9I=:DBE6CN6H@D;ADHHDCI=:>CI:G:HIG6I:HL6E9J:ID69:;6JAI7NI=:8JHIDB:G /=:CDI>DC6A6BDJCIHD;-+HHDA9L:G: B>AA>DC6C9 B>AA>DC6HD;.:EI:B7:G 6C9 G:HE:8I>K:AN HHJB>C<6AAJC9:GAN>CG D7A><6I>DCIDE:G;DGBJC9:GI=:>CI:G:HIG6I:HL6EL>I=69:G>K6I>K:8DJCI:GE6GIN I=::MEDHJG:;GDBI=:H:-+HLDJA97: B>AA>DC6C9 B>AA>DC6I.:EI:B7:G 6C9 G:HE:8I>K:AN 76H:9DCI=:;6>GK6AJ:D;I=:JC9:GAN>CK6I>K:HDCI=:8DCHDA>96I:9HI6I:B:CIHD;>C8DB:;DGI=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9L6H6H;DAADLH <>D=C>5">BB08=(42>6=8I438=>=B>;830C43 )C0C4<4=CB>5 =2><4 8B20;/40AB=343)4?C4<14A 4A8E0C8E4B=>C34B86=0C430B74368=6 ">20C8>=>5">BB08=(42>6=8I438=>=B>;830C43 8=BCAD<4=CB )C0C4<4=CB>5 =2><4 0;88->?5:@4;A?-:0? $CI:G:HIG6I:HL6EH6C9DI=:G9:G>K6I>K:H ):IG:6A>O:96C9JCG:6A>O:9ADHH<6>CDC9:G>K6I>K:H (DGI<6<:AD6C8DBB>IB:CIH ):IG:6A>O:96C9JCG:6A>O:9ADHH<6>CDC9:G>K6I>K:H (DGI<6<:AD6C;DGL6G9H6A:8DCIG68IH ):IG:6A>O:96C9JCG:6A>O:9ADHH<6>CDC9:G>K6I>K:H

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

*7408A,0;D4%?C8>=>A4AC08=">0=B /=:DBE6CN=6H:A:8I:9IDB:6HJG:8:GI6>CADC< I:GBAD6CH6I;6>GK6AJ:ID6HH>HI>CB6C6<>CCI:G:HIG6I:G>H@;DG ADC<:G I:GBAD6CH /=>H;6>GK6AJ:DEI>DCL6H:A:8I:9JEDCI=:DG><>C6I>DCD;I=:H:AD6CH $CI:G:HI>C8DB:>HG:8DO:9>CI=: H6B:B6CC:G6H>CI:G:HIDCCDC ;6>GK6AJ:AD6CH .::)DI:;DG699>I>DC6A9>H8ADHJG:HG:<6G9>CGK6AJ:D;I=:;6>GK6AJ:DEI>DCAD6CH 'DC< I:GBAD6CH;DGL=>8=I=:;6>GK6AJ:DEI>DC=6H7::C:A:8I:9=696C:I;6KDG67A:9>;;:G:C8:7:IL::CI=:6<GK6AJ:6C9I=:6<9AD6CEG>C8>E6A76A6C8:6C9LG>II:CAD6C8DBB>IB:CI6BDJCID;6EEGDM>B6I:AN B>AA>DC6I .:EI:B7:G 6C96C:IJC;6KDG67A:9>;;:G:C8:D;6EEGDM>B6I:AN B>AA>DC6I.:EI:B7:G /=:IDI6AJCE6>9 EG>C8>E6A76A6C8:D;I=:H:ADC< I:GBAD6CHL6H6EEGDM>B6I:AN B>AA>DC6C9 B>AA>DC6I.:EI:B7:G 6C9 G:HE:8I>K:AN /=:;6>GK6AJ:D;I=:H:AD6CH>H>C8AJ9:9>CIDI6AAD6CH>CI=:8DCHDA>96I:976A6C8:H=::IH6C96G:I= 8DBB:G8>6AG:6A:HI6I: 68JAIJG6A6C98DBB:G8>6ACDC G:6A:HI6I:AD6CH>C)DI: HD;.:EI:B7:G 6C9 I=:G: L:G:AD6CHL>I=6;6>GK6AJ:D; B>AA>DC6C9 B>AA>DC G:HE:8I>K:AN L=>8=L:G:C CDC688GJ6AHI6IJHL>I=6CJCE6>9EG>C8>E6A76A6C8:D; B>AA>DC6C9 B>AA>DC G:HE:8I>K:AN =6C<:H>C;6>GK6AJ:;DG>I:BH;DGL=>8=I=:;6>GK6AJ:DEI>DC=6H7::C:A:8I:9L:G:6C>C8G:6H:>C;6>GK6AJ:D; B>AA>DC;DGI=:;>H86AN:6G:C9:9.:EI:B7:G 6C99:8G:6H:H>C;6>GK6AJ:D; B>AA>DC6C9 B>AA>DC;DGI=:;>H86A N:6GH:C9:9.:EI:B7:G 6C9 G:HE:8I>K:AN /=:H:8=6C<:H>C;6>GK6AJ:6G:G:EDGI:9>CCDC>CI:G:HI>C8DB:ADHH L>I=>CI=:8DCHDA>96I:9HI6I:B:CIHD;>C8DB: !DGADC< I:GBAD6CH6I.:EI:B7:G 6C9 6EEGDM>B6I:AN B>AA>DC B>AA>DC6C9 B>AA>DC G:HE:8I>K:AN D;I=:IDI6A8=6C<:>C;6>GK6AJ:>H6IIG>7JI67A:ID8=6C<:H>CHE:8>;>88G:9>IG>H@ /=:<6>CHDGADHH:H6IIG>7JI67A:ID 8=6C<:H>C>CHIGJB:CI HE:8>;>88G:9>IG>H@L:G:9:I:GB>C:976H:9DC6C6HH:HHB:CID;:M>HI>CI>DCH6C98G:9>I FJ6A>IND;I=:JC9:GAN>C;>8EDGI;DA>DD;AD6CH >>3F8;; /=:DBE6CNH86GGN>C<6BDJCID;AAL6H B>AA>DC;DGI=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9 G:HE:8I>K:AN /=:DBE6CN8DC9J8IH6AA>BE6>GB:CII:HI6IA:6HI6CCJ6AAN DGBDG:;G:FJ:CIAN6H:K:CIHD88JGDG 8>G8JBHI6C8:H8=6C<:I=6ILDJA9BDG: A>@:AN I=6C CDIG:9J8:I=:;6>GK6AJ:7:ADL>IH86GGN>C<6BDJCI .::)DI: )6IJG:D; *E:G6I>DCH6C9.JBB6GND;.>;>86CI88DJCI>C<+DA>8>:H ;DG699>I>DC6A>C;DGB6I>DCG:<6G9>CAA 688DJCI>C8N !DGI=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9 I=:DBE6CN9>9CDIG:8DO:6CN>BE6>GB:CI G:A6I:9IDAA >A44?>B8CB0=3%C74A =C0=681;4B /=:;DAADL>CCI6C<>7A:6HH:IHHJ7?:8IID6BDGI>O6I>DC6HD;.:EI:B7:G 6C9

>A44?>B8C A0=3 %C74A =C0=681;4 =C0=681;4 =C0=681;4 *>C0; 0;88->?5:@4;A?-:0? B>5)4?C4<14A "GDHH86GGN>C<6BDJCI 88JBJA6I:96BDGI>O6I>DC ):I>CI6C<>7A:6HH:IH B>5)4?C4<14A "GDHH86GGN>C<6BDJCI 88JBJA6I:96BDGI>O6I>DC ):I>CI6C<>7A:6HH:IH BDGI>O6I>DC:ME:CH:D;>CI6C<>7A:6HH:IHL6H B>AA>DC B>AA>DC6C9 B>AA>DC;DGI=:;>H86AN:6GH:C9:9 .:EI:B7:G 6C9 G:HE:8I>K:AN

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

/=::HI>B6I:96BDGI>O6I>DC:ME:CH:D;>CI6C<>7A:6HH:IH6HHJB:HCD68I>K>I>:H HJ8=6H68FJ>H>I>DCH L=>8=LDJA9G:HJAI >C699>I>DC6A6BDGI>O67A:>CI6C<>7A:6HH:IH HI>B6I:96BDGI>O6I>DC:ME:CH:D;>CI6C<>7A:6HH:IH>CHJ7H:FJ:CI;>H86AN:6GH>H6H ;DAADLH

8B20;H40A <>D=C 0;88->?5:@4;A?-:0? 6C9I=:G:6;I:G /DI6A 

 4?>B8CB /=:;DAADL>CI>DCD;9:EDH>IH6HD;.:EI:B7:G 6C9

)4?C4<14A 0;88->?5:@4;A?-:0? )DC>CI:G:HI 7:6G>C<9:B6C9 $CI:G:HI 7:6G>C<9:B6C9 />B:9:EDH>IH B:9:EDH>IH A:HHI=6CDG:FJ6AID /DI6A I.:EI:B7:G 6C9 I=:DBE6CN=69 B>AA>DC6C9 B>AA>DC G:HE:8I>K:AN >C7GD@:G:9 9:EDH>IH H6G:HJAID;I=:E6HH6<:D;I=: 8DCDB>8"GDLI= -::;6C9DCHJB:G+GDI:8I>DC8I>C(6N BDHI G:8>EGD86A9:EDH>IH6G:CDADC<:GIG:6I:96H7GD@:G:99:EDH>IH6C96G:CDL>C8AJ9:9L>I=8DG:8DBB:G8>6A9:EDH>IH I.:EI:B7:G I=:;DAADL>CI>:HD;I>B:9:EDH>IH>CHJ7H:FJ:CI;>H86AN:6GH 88DJCIHL>I=CDHI6I:9B6IJG>IN96I:6G:>C8AJ9:9>C

8B20;H40A <>D=C 0;88->?5:@4;A?-:0? 6C9I=:G:6;I:G /DI6A 

)42DA8C84B)>;3+=34A6A44<4=CBC>(4?DA270B4 .:8JG>I>:HHDA9JC9:G6<=I;DAADL>CDC96I: .:8JG>I>:H JC9:GAN>CO:98DHID;6EEGDM>B6I:AN B>AA>DC6C9 B>AA>DC6C9;6>GK6AJ:D; 6EEGDM>B6I:AN B>AA>DC6C9 B>AA>DC6I.:EI:B7:G 6C9 G:HE:8I>K:AN $CBDHI86H:H >C6A>I= I=:G:EJG8=6H:6CEA68:L>I=8JHIDB:GH I=:DBE6CNDK:G 8DAA6I:G6A>O:HI=:G:EJG8=6H:6CB6G@:IK6AJ: 99>I>DC6AAN I=:DBE6CNJI>A>O:H=:A9 >C 8JHID9N EGD8:9JG:HID:CHJG:I=:H:8JG>I>:HHDA9JC9:GG:EJG8=6H:6

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

/=:;DAADL>C<6I>DC7NI=:8A6HHD;8DAA6I:G6AEA:9<:96C9I=:G:B6>C>C<8DCIG68IJ6A B6IJG>IND;I=:6=CA02CD0;#0CDA8CH>5C746A44<4=CB %E4A=867C0=3 A40C4AC70= >=C8=D>DB +?C> 0HB 0HB 0HB *>C0; 0;88->?5:@4;A?-:0? (4?DA270B406A44<4=CB (DGI<6<: 768@:9H:8JG>I>:H S S S /DI6AG:EJG8=6H:6

)4?C4<14A (4<08=8=6>=CA02CD0;#0CDA8CH>5C746A44<4=CB %E4A=867C0=3 A40C4AC70= >=C8=D>DB +?C> 0HB 0HB 0HB *>C0; 0;88->?5:@4;A?-:0? (4?DA270B406A44<4=CB (DGI<6<: 768@:9H:8JG>I>:H S S S /DI6AG:EJG8=6H:6

 "3E0=24B0=3%C74A>AA>F8=6B /=:;DAADL>CCHID;I=:;DAADL>C<6I.:EI:B7:G 6C9

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

+G>C8>E6A76A6C8:HD;AD6CHEA:9<:9IDI=:!#'ID8DAA6I:G6A>O:CDI:HE6N67A:IDI6A:9 7>AA>DC6C9 7>AA>DC6I .:EI:B7:G 6C9 G:HE:8I>K:AN /=:DBE6CNEJG8=6H:9A:II:GHD;8G:9>I;GDBI=:!#'IDEA:9<:6H8DAA6I:G6ADC EJ7A>89:EDH>IH /=:6BDJCIDJIHI6C9>CAA>DC6C9 B>AA>DC6I.:EI:B7:G 6C9 G:HE:8I>K:AN /=:DBE6CN=69699>I>DC6AA:II:GHD;8G:9>I;GDBI=:!#'D; B>AA>DC6C9 B>AA>DC6I.:EI:B7:G 6C9 G:HE:8I>K:AN ;DGDI=:GEJGEDH:H

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

HD;.:EI:B7:G !#'69K6C8:H6C9DI=:G7DGGDL>C8=:K:G>H:6GA>:G>CHJ7H:FJ:CI ;>H86AN:6GH6H;DAADLH

8B20;H40A <>D=C 0;88->?5:@4;A?-:0? 6C9I=:G:6;I:G S /DI6A 

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

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

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

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

/=:DBE6CN68FJ>G:9I=:#!/GJHI$1>CI=:68FJ>H>I>DCD;#!!>C6C8>6A #!!>C6C8>6ADGE 86JH:9ID7:>HHJ:9 H=6G:H E6GK6AJ: D;+G:;:GG:9.:8JG>I>:HD;#!/GJHI$1DC.:EI:B7:G I=GDJ<=6EG>K6I:EA68:B:CI /=: 9>HIG>7JI>DCG6I:>HH:IFJ6GI:GAN6II=G::BDCI='$*-EAJH76H>HED>CIH $CI:G:HI+6NB:CI96I:H6G:%6CJ6GN EG>A %JAN 6C9*8ID7:GD;:68=N:6G 7:<>CC>C<%6CJ6GN 6C96G:E6N67A:>C6GG:6GH /=:DBE6CNB6N 6IDC:DGBDG:I>B:H 9:;:G >CI:G:HIE6NB:CIHDCI=:G:A6I:9 :7:CIJG:H;DGJEID8DCH:8JI>K:FJ6GI:GH;DAADL>CDCD;9>K>9:C9HDC6AA86E>I6A HID8@ II=::C9D;6CN9:;:GG6AE:G>D9 6AA688JBJA6I:96C9JCE6>9>CI:G:HIBJHI7:E6>9 /=: :7:CIJG:HL>AA7:G:9::B:9 *8ID7:G =DL:K:G HJ7?:8IIDI=:DBE6CNG:8:>K>CDG6EEGDK6AD;I=:!:9:G6A-:H:GK: >;G:FJ>G:9 I=:DBE6CN=6H I=:G><=IIDG:9::BI=: :7:CIJG:H>CL=DA:DG>CE6GI 6I6CNI>B: L>I=>C96NH;DAADL>C6A K:CI 6I 6EG:B>JB6H9:;>C:97NI=:$C9:CIJG:>;6.E:8>6A K:CID88JGHEG>DGID*8ID7:G .E:8>6A K:CIB:6CH6CN6E>I6A /G:6IB:CI K:CI 6C$CK:HIB:CIDBE6CN K:CI DG6/6M K:CI *CDG6;I:G*8ID7:G HJ7?:8IIDI=:DBE6CNG:8:>K>C< EG>DG6EEGDK6AD;I=:!:9:G6A-:H:GK: >;G:FJ>G:9 I=:DBE6CN=6HI=:G><=IIDG:9::BI=: :7:CIJG:H6II=:-:9:BEI>DC+G>8: >CL=DA:DG>CE6GI DC6C$CI:G:HI+6NB:CI 6I: /=:-:9:BEI>DC+G>8:>H E:G+G:;:GG:9.:8JG>INEAJH6CN688GJ:96C9 JCE6>9>CI:G:HIIDI=:96I:D;G:9:BEI>DC #DA9:GHD;I=:+G:;:GG:9.:8JG>I>:H=6K:CDKDI>C<=IH /=:+G:;:GG:9.:8JG>I>:H6G: JCH:8JG:96C9G6C@?JC>DG>CEG>DG>IND;E6NB:CIID6AAD;I=:DBE6CNVHH:C>DG>C9:7I:9C:HH6C9H:C>DGIDI=:DBE6CNVH 8DBBDC6C9EG:;:GG:9HID8@ /=:DBE6CN68FJ>G:9I=:#!/GJHI1>CI=:68FJ>H>I>DCD;#!!>C6C8>6A #!!>C6C8>6ADGE 86JH:9ID7:>HHJ:9 H=6G:H E6GK6AJ: D;+G:;:GG:9.:8JG>I>:HD;#!/GJHI1DC :8:B7:G I=GDJ<=6EG>K6I:EA68:B:CI /=: 9>HIG>7JI>DCG6I:>HH:IFJ6GI:GAN6II=G::BDCI='$*-EAJH76H>HED>CIH $CI:G:HI+6NB:CI96I:H6G:(6G8= %JC: .:EI:B7:G 6C9 :8:B7:GD;:68=N:6G 7:<>CC>C<(6G8= 6C96G:E6N67A:>C6GG:6GH /=:DBE6CNB6N 6IDC:DG BDG:I>B:H 9:;:G>CI:G:HIE6NB:CIHDCI=:G:A6I:9 :7:CIJG:H;DGJEID8DCH:8JI>K:FJ6GI:GH;DAADL>CDCD;9>K>9:C9H DC6AA86E>I6AHID8@ II=::C9D;6CN9:;:GG6AE:G>D9 6AA688JBJA6I:96C9JCE6>9>CI:G:HIBJHI7:E6>9 /=: :7:CIJG:HL>AA7: G:9::B:9(6G8= =DL:K:G HJ7?:8IIDI=:DBE6CNG:8:>K>CDG6EEGDK6AD;I=:!:9:G6A-:H:GK: >;G:FJ>G:9 I=: DBE6CN=6HI=:G><=IIDG:9::BI=: :7:CIJG:H >CL=DA:DG>CE6GI 6I6CNI>B: L>I=>C96NH;DAADL>C6A K:CI 6I6EG:B>JB6H9:;>C:97NI=:$C9:CIJG:>;6.E:8>6A K:CID88JGHEG>DGID(6G8= .E:8>6A K:CI B:6CH6CN6E>I6A/G:6IB:CI K:CI 6C$CK:HIB:CIDBE6CN K:CI DG6/6M K:CI *CDG6;I:G(6G8= HJ7?:8IIDI=: DBE6CNG:8:>K>CDG6EEGDK6AD;I=:!:9:G6A-:H:GK: >;G:FJ>G:9 I=:DBE6CN=6HI=:G><=IIDG:9::BI=: :7:CIJG:H6II=: -:9:BEI>DC+G>8: >CL=DA:DG>CE6GI DC6C$CI:G:HI+6NB:CI 6I: /=:-:9:BEI>DC+G>8:>H E:G+G:;:GG:9.:8JG>INEAJH 6CN688GJ:96C9JCE6>9>CI:G:HIIDI=:96I:D;G:9:BEI>DC #DA9:GHD;I=:+G:;:GG:9.:8JG>I>:H=6K:CDKDI>C<=IH /=:+G:;:GG:9 .:8JG>I>:H6G:JCH:8JG:96C9G6C@?JC>DG>CEG>DG>IND;E6NB:CIID6AAD;I=:DBE6CNVHH:C>DG>C9:7I:9C:HH6C9H:C>DGIDI=: DBE6CNVH8DBBDC6C9EG:;:GG:9HID8@ $CI=:;>GHIFJ6GI:GD;;>H86AN:6G I=:DBE6CNG:9::B:9 H=6G:HD;#!/GJHI 1 :7:CIJG:HJC9:GI=:;>GHI.JEEA:B:CI6A$C9:CIJG:96I:9(6N /=:DBE6CN68FJ>G:9I=:#!/GJHI1$>CI=:68FJ>H>I>DCD;#!!>C6C8>6A #!!>C6C8>6ADGE 86JH:9ID7:>HHJ:9 H=6G:H E6GK6AJ: D;+G:;:GG:9.:8JG>I>:HD;#!/GJHI1$DC%JAN I=GDJ<=6EG>K6I:EA68:B:CI /=: 9>HIG>7JI>DCG6I:>HH:IFJ6GI:GAN6II=G::BDCI='$*-EAJH76H>HED>CIH $CI:G:HI+6NB:CI96I:H6G:%6CJ6GN EG>A %JAN 6C9*8ID7:GD;:68=N:6G 7:<>CC>C<*8ID7:G 6C96G:E6N67A:>C6GG:6GH /=:DBE6CNB6N 6IDC:DGBDG:I>B:H 9:;:G >CI:G:HIE6NB:CIHDCI=:G:A6I:9 :7:CIJG:H;DGJEID8DCH:8JI>K:FJ6GI:GH;DAADL>CDCD;9>K>9:C9HDC6AA86E>I6A HID8@ II=::C9D;6CN9:;:GG6AE:G>D9 6AA688JBJA6I:96C9JCE6>9>CI:G:HIBJHI7:E6>9 /=: :7:CIJG:HL>AA7:G:9::B:9 *8ID7:G =DL:K:G HJ7?:8IIDI=:DBE6CNG:8:>K>CDG6EEGDK6AD;I=:!:9:G6A-:H:GK: >;G:FJ>G:9 I=:DBE6CN=6H I=:G><=IIDG:9::BI=: :7:CIJG:H >CL=DA:DG>CE6GI 6I6CNI>B: L>I=>C96NH;DAADL>C6A K:CI 6I6EG:B>JB6H9:;>C:97NI=:$C9:CIJG:>;6.E:8>6A K:CID88JGHEG>DGID*8ID7:G .E:8>6A K:CIB:6CH6CN 6E>I6A/G:6IB:CI K:CI 6C$CK:HIB:CIDBE6CN K:CI DG6/6M K:CI *CDG6;I:G*8ID7:G HJ7?:8IIDI=:DBE6CN G:8:>K>CDG6EEGDK6AD;I=:!:9:G6A-:H:GK: >;G:FJ>G:9 I=:DBE6CN=6HI=:G><=IIDG:9::BI=: :7:CIJG:H6II=: -:9:BEI>DC+G>8: >CL=DA:DG>CE6GI DC6C$CI:G:HI+6NB:CI 6I: /=:-:9:BEI>DC+G>8:>H E:G+G:;:GG:9.:8JG>INEAJH 6CN688GJ:96C9JCE6>9>CI:G:HIIDI=:96I:D;G:9:BEI>DC #DA9:GHD;I=:+G:;:GG:9.:8JG>I>:H=6K:CDKDI>C<=IH /=:+G:;:GG:9 .:8JG>I>:H6G:JCH:8JG:96C9G6C@?JC>DG>CEG>DG>IND;E6NB:CIID6AAD;I=:DBE6CNVHH:C>DG>C9:7I:9C:HH6C9H:C>DGIDI=: DBE6CNVH8DBBDC6C9EG:;:GG:9HID8@ -:A6I>CAA>DC>C8DBBDCH=6G:H6I.:EI:B7:G 6C9 L=>8= 6G:>C8AJ9:9>CDI=:G6HH:IHDCI=:8DCHDA>96I:976A6C8:H=::IH

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

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

 9?JHIB:CIG:;A:8IHI=:;6>GK6AJ:69?JHIB:CIHG:A6I:9IDI=:?JC>DGHJ7DG9>C6I:99:;:GG67A:>CI:G:HI9:7:CIJG:H6HHJB:96HE6GID;I=:#!!>C6C8>6A68FJ>H>I>DC

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

 =2><4*0G4B /=:EGDK>H>DC;DG>C8DB:I6M:H8=6G<:9IDDE:G6I>DCH8DCH>HIHD;I=:;DAADL>C<;DGI=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9

8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0? DAA4=C;H?083>A?0H01;4 !:9:G6A .I6I: /DI6A 454AA43C0G4G?4=B4 !:9:G6A .I6I: /DI6A /DI6AEGDK>H>DC;DG>C8DB:I6M:H /=:>C8DB:I6MEGDK>H>DC9>;;:GH;GDBI=:6BDJCID;>C8DB:I6M9:I:GB>C:97N6EEAN>C<60 . ;:9:G6A>C8DB:I6MG6I: D; ;DG;>H86AN:6G 67A:C9:90 . ;:9:G6A>C8DB:I6MG6I:D; ;DG;>H86AN:6G6C960 . ;:9:G6A>C8DB:I6M G6I:D; ;DG;>H86AN:6GIDEG:I6M>C8DB:9J:IDI=:;DAADL>C<

8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0? $C8DB:I6M:ME:CH:8DBEJI:96II=:HI6IJIDGNG6I: $C8G:6H:9:8G:6H:>C>C8DB:I6M:HG:HJAI>C<;GDB .I6I:>C8DB:I6M:H C:ID;;:9:G6A7:C:;>I /6M:M:BEI>CI:G:HI>C8DB: /6M7:C:;>ID;HID8@ 76H:98DBE:CH6I>DCEA6CH $BE68ID;:C68I:9;:9:G6A>C8DB:I6MG6I:G:9J8I>DC S S *I=:G $C8DB:I6M:ME:CH: 6HG:EDGI:9 ):I9:;:GG:9I6M6HH:IHA>67>A>I>:H8DCH>HID;I=:;DAADL>C<8DBEDC:CIH6I.:EI:B7:G 6C9

)4?C4<14A 0;88->?5:@4;A?-:0? 454AA43C0G0BB4CB AADL6C8:;DGAD6C6C9A:6H:ADHH:H DBE:CH6I>DC .:8JG>I>:H6K6>A67A:;DGH6A: S *I=:GG:6A:HI6I:DLC:9 DG:9:EDH>I>CI6C<>7A:6C9DI=:G;6>GK6AJ:69?JHIB:CIH M8:HHI6M76H>HD;! $>C9:BC>;>86I>DC6HH:I6C98A6L768@A>67>A>IN M8:HHI6M76H>HD;AD6CH68FJ>G:9DK:G86GGN>CAA6C9DI=:G>CI6C<>7A:H .:8JG>I>:H6K6>A67A:;DGH6A: S +G:B>H:H6C9:FJ>EB:CI :;:GG:9- $/>C8DB: S *I=:G /DI6A9:;:GG:9I6MA>67>A>I>:H ):I9:;:GG:9I6M6HH:IH

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

I.:EI:B7:G 6C9 I=:DBE6CN=696C>C8DB:I6MG:8:>K67A:;GDBI=:$-.D; B>AA>DC6C9 B>AA>DC G:HE:8I>K:AN L=>8=>H>C8AJ9:9>CDI=:G6HH:IHDCI=:8DCHDA>96I:976A6C8:H=::IH /=:DBE6CN>HCDADC<:GHJ7?:8IID 0 . ;:9:G6A HI6I:6C9AD86ADGCDC 0 . >C8DB:I6M:M6B>C6I>DCH7NI6M6JI=DG>I>:H;DGN:6GH7:;DG: *C :8:B7:G I=:/6M-:;DGB8IL6H:C68I:9>CIDA6L :<>CC>C<>C I=:/6M-:;DGB8IG:9J8:9I=: ;:9:G6AI6MG6I:;DG8DGEDG6I>DCH;GDBID6C98=6C<:9DGA>B>I:98:GI6>CI6M9:9J8I>DCH :86JH:D;I=:DBE6CNH .:EI:B7:G;>H86AN:6G:C9 67A:C9:9HI6IJIDGNG6I:D; L6H6EEA>:9ID6AAC:I>C8DB:7:;DG:I6M:H<:C:G6I:99JG>C<;>H86A N:6G /=:C:L7A:C9:9HI6IJIDGNG6I:G:9J8:9I=:EGDK>H>DC;DG>C8DB:I6M:H7N6EEGDM>B6I:AN B>AA>DC;DGI=:;>H86A N:6G:C9:9.:EI:B7:G CDI=:GG:HJAID;I=:ADL:G8DGEDG6I:I6MG6I:L6HI=:DBE6CNHG:8DG9>CAA>DC G:K6AJ6I>DC69?JHIB:CI>CI=:;>GHIFJ6GI:GD;;>H86AN:6G G:9J8>CC8G:6H>CH>DC;DG >C8DB:I6M:H >;;:G:C8:H7:IL::CI=:68IJ6A>BE68ID;G:K6AJ>C<9:;:GG:9I6M:H;DGI=:;JAA;>H86AN:6G6C9I=:EG:A>B>C6GN :HI>B6I:L:G:>BB6I:G>6A /=:DBE6CN69DEI:9C:L688DJCI>C<96C8:>CI=:H:8DC9FJ6GI:GD;;>H86AN:6GI=6I6AADL:9G:8A6HH>;>86I>DCD; B>AA>DC>CHIG6C9:9I6M:;;:8IHI=6IG:A6I:9ID68=6C<:>CI=:;:9:G6AI6MG6I:;GDB688JBJA6I:9DI=:G8DBEG:=:CH>K:>C8DB: IDG:I6>C:9:6GC>CK:I6MG6I:;DGI=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9L6H 6C9 G:HE:8I>K:AN M8AJ9>CC<9:;:GG:9I6M:H69?JHIB:CIG:A6I:9ID;:9:G6AI6MG:;DGB I=::;;:8I>K:I6MG6I:;DG .:EI:B7:G 6C9L:G: 6C9 G:HE:8I>K:AN (6C6<:B:CI=6H9:I:GB>C:96K6AJ6I>DCG:H:GK:>HCDIG:FJ>G:9;DGI=:9:;:GG:9I6M6HH:IH6HD;.:EI:B7:G 6C9 7:86JH:>I>HBDG: A>@:AN I=6C CDII=:H:6HH:IH8DJA97:G:6A>O:9I=GDJ<=;JIJG:G:K:GH6AHD;:M>HI>C;;:G:C8:H 6C9;JIJG:I6M67A:>C8DB: 0C8:GI6>CI6MEDH>I>DCHL:G:CDIH>;>86CI6I.:EI:B7:G DG H444=458C&;0=B #>;25@&4->5:3#8-: /=:DBE6CNE6GI>8>E6I:H>C6BJAI>EA::BEADN:G@EGD;>IH=6G>C<>7A: IDE6GI>8>E6I: 7:<>CC>CI=I=:;>GHI96ND;I=:BDCI=8D>C8>9:CIL>I=DG>BB:9>6I:AN;DAADL>CDCD;DC:N:6GD; H:GK>8:6C9=6K>CI>DCID:BEADN::8DCIG>7JI>DCH I=:DBE6CNB6N8DCIG>7JI:9>H8G:I>DC6GN 6BDJCIH;DG:A><>7A:E6GI>8>E6CIH DCIG>7JI>DCG6I:H;DGE6GI>8>E6I>C<:BEADN::HBJHI7::FJ6A /=:DBE6CN8DCIG>7JI:9 B>AA>DC B>AA>DC6C9 B>AA>DCIDI=:@+A6C;DGI=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9 G:HE:8I>K:AN )C>2:0B43>= *C.:EI:B7:G I=:D6G9D; >G:8IDGH69DEI:9 6C9DC*8ID7:G ) 6II=6II>B:I=:DBE6CNH 8DCIGDAA>C7JH$C8:CI>K:DBE:CH6I>DC+A6C+A6C I=:"G:6I2:HI:GC6C8DGE $C8 )DC BEADN:: >G:8IDG+A6C >G:8IDG+A6C 6C9I=:"G:6I2:HI:GC6C8DGE $C8 M:8JI>K:$C8:CI>K:DBE:CH6I>DC+A6CDCJH+A6C 8DAA:8I>K:ANI=:+A6CH L=>8=EGDK>9:;DGI=:>HHJ6C8:D;G:HIG>8I:9 H=6G:JC>IH6C9E:G;DGB6C8:76H:9H=6G:JC>IHID8:GI6>CD;;>8:GH :BEADN::H6C99>G:8IDGHD;I=:DBE6CN *C!:7GJ6GN /=:DBE6CNHHID8@=DA9:GH6EEGDK:96B:C9B:CIHIDI=:+A6C6C9I=: >G:8IDG+A6CID>C8G:6H:I=:CJB7:GD;H=6G:H 6K6>A67A:;DG;JIJG:B6G>AN:HI67A>H=:9ID:C=6C8:I=:DBE6CNVH67>A>INID6IIG68I G:I6>C6C9BDI>K6I::BEADN::H /=:DBE6CNVHD6G9D; >G:8IDGH I=:DBE:CH6I>DCDBB>II::D;I=:D6G9D; >G:8IDGH DBE:CH6I>DCDBB>II:: DG:M:8JI>K:B6C6<:B:CIJEDC9:A:<6I>DCD;I=:DBE:CH6I>DCDBB>II::=6H:M8AJH>K:6JI=DG>IN IDH:A:8II=::BEADN::H6C9DI=:GH >C8AJ9>C<9>G:8IDGH IDG:8:>K:I=:6L6G9H6C9ID:HI67A>H=I=:I:GBH6C98DC9>I>DCHD;:68= 6L6G9B69:EJGHJ6CIIDI=:DBE6CNVHHID8@ 76H:98DBE:CH6I>DCEA6CH .ID8@JC>IH>HHJ:9JC9:GI=:DBE6CNVHG:HIG>8I:96C9E:G;DGB6C8:76H:9HID8@EA6CHB6NCDI7:HDA9DGDI=:GL>H: IG6CH;:GG:9JCI>AI=:K:HI>CD9=6H7::CB:I6C9 >;6EEA>867A: E:G;DGB6C8:D7?:8I>K:H=6K:7::CD7I6>C:9 JG>CC< E:G>D9H E6GI>8>E6CIH9DCDI=6K:KDI>C<=IH6C99>K>9:C9H6G:688JBJA6I:9JCI>AI=:I>B:JEDCL=>8=I=:6L6G9K:HIH 0EDC HE:8>;>:9:K:CIH 6H9:;>C:9>CI=:+A6CH HID8@JC>I6L6G9HI=6I=6K:CDIK:HI:96C9DGE:G;DGB6C8:=JG9A:HI=6I=6K:CDI7::CB:I L>AA7:;DG;:>I:9 6H:9DCI=:HJ7HI6CI>K:I:GBHD;:68=6L6G9 G:HIG>8I:96C9E:G;DGB6C8: 76H:96L6G9H6G:8A6HH>;>:96H:FJ>IN6L6G9H 6C9688DJCI:9;DGJC9:GI=:IG:6HJGNHID8@B:I=D9 /=:;6>GK6AJ:D;:FJ>IN 8A6HH>;>:96L6G9H>H76H:9DCI=:B6G@:IEG>8:D;I=: HID8@DCI=:B:6HJG:B:CI96I:6C9>H6BDGI>O:96H8DBE:CH6I>DC:ME:CH:DC6HIG6><=I A>C:76H>HDK:GI=:K:HI>CD9

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

.ID8@8DBE:CH6I>DC>HG:8DO:976H:9DCI=:CJB7:GD;6L6G9HIDK:HIJH>C<68IJ6A;DG;:>IJG:6BDJCIH !DG E:G;DGB6C8: 76H:9HID8@6L6G9H 6C:HI>B6I:>HB69:D;I=:CJB7:GD;H=6G:H:ME:8I:9IDK:HI6H6G:HJAID;68IJ6AE:G;DGB6C8: 6<6>CHII=:E:G;DGB6C8:I6G<:IHID9:I:GB>C:I=:6BDJCID;8DBE:CH6I>DC:ME:CH:ID7:G:8DO:9 /=::HI>B6I:>HG::K6AJ6I:9 FJ6GI:GAN6C9IDI6A8DBE:CH6I>DC:ME:CH:>H69?JHI:9;DG6CN8=6C<:>CI=:8JGG:CIE:G>D9 .ID8@ 76H:98DBE:CH6I>DC:ME:CH:>H >C8AJ9:9>CH6A6G>:H6C9:BEADN::7:C:;>IH:ME:CH:>CI=:8DCHDA>96I:9HI6I:B:CIHD;>C8DB: !DGI=:;>H86AN:6GH:C9:9 .:EI:B7:G 6C9HID8@8DBE:CH6I>DC:ME:CH:L6H B>AA>DC B>AA>DC6C9 B>AA>DCG:HE:8I>K:AN -:A6I:9>C8DB:I6M7:C:;>IHG:8DO:9;DGI=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9L:G: B>AA>DC B>AA>DC6C9 B>AA>DC G:HE:8I>K:AN /=:;DAADL>C<>H6HJBB6GND;I=:+A6CHVG:HIG>8I:9H=6G:6C9E:G;DGB6C8: 76H:9HID8@6L6G968I>K>IN6HD; .:EI:B7:G 6C9 /=:CJB7:GD;E:G;DGB6C8:H=6G:HCI=:;DAADL>C:K:B:CID;I=:EG: :HI67A>H=:9I6G<:IH

)4?C4<14A )4?C4<14A )4?C4<14A -4867C43 -4867C43 -4867C43 E4A064 E4A064 E4A064 ><<>= A0=C0C4 ><<>= A0=C0C4 ><<>= A0=C0C4 )70A4B 08A,0;D4 )70A4B 08A,0;D4 )70A4B 08A,0;D4 (4BCA82C43)70A4B -:HIG>8I:9H=6G:H 7:<>CC>CH86AN:6G "G6CI:9 1:HI:9 !DG;:>I:9 6C8:A:9 S S S S S S -:HIG>8I:9H=6G:H :C9D;E:G>D9 ,4BC431DC=>C8BBD01;40C4=3>5?4A8>3 &4A5>A<0=24)70A4B +:G;DGB6C8:H=6G:H 7:<>CC>CH86AN:6G "G6CI:9 1:HI:9 !DG;:>I:9 6C8:A:9 S S S S S S +:G;DGB6C8:H=6G:H :C9D;E:G>D9 ,4BC431DC=>C8BBD01;40C4=3>5?4A8>3 HD;.:EI:B7:G I=:G:L6H B>AA>DCD;JCG:8DO:98DBE:CH6I>DC8DHIG:A6I:9IDCDC K:HI:9G:HIG>8I:9 HID8@6L6G9H:ME:8I:9ID7:G:8DO:9DK:G6E:G>D9D; N:6GH /=:;6>GK6AJ:D;I=:K:HI:96L6G9HL6H B>AA>DC6I7DI= .:EI:B7:G 6C96C9 B>AA>DC6I.:EI:B7:G (46D;0C>AH#0CC4AB /=:DBE6CN6C9I=:6C@6G:HJ7?:8IIDK6G>DJHG:I6AG:FJ>G:B:CIH69B>C>HI:G:97NI=:;:9:G6A76C@>C< 6<:C8>:H !6>AJG:IDB::IB>C>BJB86E>I6AG:FJ>G:B:CIH86C>C>I>6I:8:GI6>CB6C96IDGN6C9EDHH>7AN699>I>DC6A9>H8G:I>DC6GN 68I>DCH7NG:;JC9:GI6@:C 8DJA9=6K:69>G:8IB6I:G>6A:;;:8IDCI=:DBE6CNVH6C9I=:6C@VH;>C6C8>6A HI6I:B:CIH 0C9:G86E>I6A69:FJ68N9:A>C:H6C9I=:G:K:68I>DC I=:DBE6CN6C9I=: 6C@BJHIB::IHE:8>;>886E>I6A9:A>C:HI=6I>CKDAK:FJ6CI>I6I>K:B:6HJG:HD;I=:DBE6CNVH6C9I=:6C@VH6HH:IH A>67>A>I>:H 6C98:GI6>CD;; 76A6C8:H=::I>I:BH6H86A8JA6I:9JC9:GG:C8:H /=:DBE6CNVH6C9I=:6C@VH86E>I6A 6BDJCIH6C98A6HH>;>86I>DCH6G:6AHDHJ7?:8IIDFJ6A>I6I>K:?J9H@L:><=I>C8=>C8AJ9:9IG6CH>I>DCEGDK>H>DCHI=GDJ<= %6CJ6GN

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

/=:B>C>BJB86E>I6AA:K:AG:FJ>G:B:CIH6EEA>867A:IDI=:DBE6CN6G:>6/>:G86E>I6AG6I>DD; >>6IDI6A 86E>I6AG6I>DD; >>>6/>:GA:K:G6<:86E>I6AG6I>DD; 6C9>K68DBBDC:FJ>IN/>:G86E>I6AG6I>DD; /=:GJA:H 6AHD:HI67A>H=:9686E>I6A8DCH:GK6I>DC7J;;:GD; 67DK:I=:B>C>BJB86E>I6AG:FJ>G:B:CIH L=>8=BJHI8DCH>HI:CI>G:AND; 8DBBDC:FJ>IN/>:G86E>I6A6C9G:HJAIH>CI=:;DAADL>CC>BJBG6I>DH>6/>:G86E>I6AG6I>DD; >>6IDI6A86E>I6A G6I>DD; 6C9>>>68DBBDC:FJ>IN/>:G86E>I6AG6I>DD; /=:86E>I6A8DCH:GK6I>DC7J;;:GG:FJ>G:B:CIL6HE=6H:9>C 7:<>CC>C<>C%6CJ6GN6I D;G>H@ L:><=I:96HH:IH6C9>C8G:6H:97NI=6I6BDJCI:68=N:6GJCI>A;JAAN>BEA:B:CI:9>C %6CJ6GN C>CHI>IJI>DC>HHJ7?:8IIDA>B>I6I>DCHDCE6N>C<9>K>9:C9H :C<6<>C<>CH=6G:G:EJG8=6H:H 6C9E6N>C<9>H8G:I>DC6GN 7DCJH:H>;>IH86E>I6AA:K:A;6AAH7:ADLI=:7J;;:G6BDJCI /=:H:A>B>I6I>DCH:HI67A>H=6B6M>BJBE:G8:CI6<:D;:A><>7A:G:I6>C:9 >C8DB:I=6I8DJA97:JI>A>O:9;DGHJ8=68I>DCH /=:DBE6CNB:I6AA86E>I6A69:FJ68N6C9C:ILDGI=G:FJ>G:B:CIHIDL=>8=I=:N6G:HJ7?:8I6HD;.:EI:B7:G 6C9 HD;.:EI:B7:G I=:BDHIG:8:CICDI>;>86I>DC;GDBI=:G::H86I:O:9I=:6C@6HL:AA 86E>I6A>O:9JC9:GI=:G:K:68I>DC /D7:86I:O:96HL:AA 86E>I6A>O:9 I=:>CHI>IJI>DC BJHIB6>CI6>CB>C>BJBIDI6AG>H@ 76H:9 />:GG>H@ 76H:9 6C9/>:GA:K:G6<:G6I>DH6HH:I;DGI=>CI=:;DAADL>CI>DCHDG:K:CIHH>C8:I=:BDHIG:8:CICDI>;>86I>DCI=6IB6C6<:B:CI7:A>:K:H=6K:8=6C<:9I=:6C@H86I::H H6C6EEGDK:9BDGI<6<:H:AA:G I=:6C@>HG:FJ>G:9IDB6>CI6>C6B>C>BJBA:K:AD;86E>I6AHE:8>;>:97NI=:0C>I:9 .I6I:H :E6GIB:CID;#DJH>C<6C90G76C :K:ADEB:CI I.:EI:B7:G 6C9 I=:6C@B:II=:H:G:FJ>G:B:CIH 6E>I6A6BDJCIH6C9G6I>DH6G:EG:H:CI:9>CI=:;DAADL>C

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

><<8C<4=CB0=3>=C8=64=284B 8=0=280; =BCAD<4=CBF8C7%550;0=24)744C(8B: /=:DBE6CN>HE6GINID;>C6C8>6A>CHIGJB:CIHL>I=D;; 76A6C8: H=::IG>H@>CI=:CDGB6A8DJGH:D;7JH>C:HHIDB::II=: ;>C6C8>CIH8JHIDB:GH /=:H:;>C6C8>6A>CHIGJB:CIH>C8AJ9:8DBB>IB:CIHID:MI:C98G:9>I6C9A:II:GHD;8G:9>I /=:N >CKDAK: IDK6GN>C<9:IG>H@>C:M8:HHD;I=:6BDJCIG:8DO:9>CI=:8DCHDA>96I:976A6C8:H=::IH /=: DBE6CNVH:MEDHJG:ID8G:9>IADHH>CI=::K:CID;CDCE:G;DGB6C8:7NI=:DI=:GE6GINIDI=:;>C6C8>6A>CHIGJB:CI;DG8DBB>IB:CIH ID:MI:C98G:9>I6C9A:II:GHD;8G:9>I>HG:EG:H:CI:97NI=:8DCIG68IJ6A6BDJCID;I=DH:>CHIGJB:CIH HJBB6GND;I=:DBE6CNVH 8DBB>IB:CIH6HD;.:EI:B7:G 6C9>H6H;DAADLH

)4?C4<14A 0;88->?5:@4;A?-:0? DBB>IB:CIHID:MI:C98G:9>I ':II:GHD;8G:9>I DBB>IB:CIHID:MI:C98G:9>I6G:69:9I=:G:>HCDK>DA6I>DCD;6CN8DC9>I>DC :HI67A>H=:9>CI=:8DCIG68I .>C8:B6CND;I=:8DBB>IB:CIH6G::ME:8I:9ID:ME>G:L>I=DJI7:>C<9G6LCJEDC I=:IDI6A 8DBB>IB:CI6BDJCIH9DCDIC:8:HH6G>ANG:EG:H:CI;JIJG:86H=G:FJ>G:B:CIH ':II:GHD;8G:9>I6G:8DC9>I>DC6A8DBB>IB:CIH>HHJ:9 7NI=:DBE6CNIDG9E6GIN /=DH:B6G>AN>HHJ:9IDHJEEDGI EJ7A>86C9EG>K6I:7DGGDL>C<6GG6C<:B:CIH /=:8G:9>IG>H@>CKDAK:9>C>HHJ>CI>H:HH:CI>6AANI=:H6B:6HI=6I >CKDAK:9>C:MI:C9>CILDGI=>C:HHDC686H: 7N 86H:76H>H /=: 8G:9>I6C98DAA6I:G6AEDA>8N;DG8DBB>IB:CIH6C9A:II:GHD;8G:9>I>H8DBE6G67A:IDI=6I;DGCC6C8>6A6HH:IH6HE6GID;>IHBDGI<6<:76C@>C<68I>K>I>:H /G6CH;:GH6G:G:8DG9:96HH6A:H L=:CI=:8G>I:G>6;DGHJGG:C9:GD;8DCIGDA6G:B:I /=:6C@=6HEGDK>9:9C8DCC:8I>DCL>I=I=:H6A:D;AD6CH6C9=6H 6HHJB:96H>B>A6GD7A><6I>DC>C>IH68FJ>H>I>DCH /=:CI=:;DGBD;6HH:I7JN768@DGB6@:L=DA: EGDK>H>DCHI=6I6G:IG><<:G:9JEDC68G:9>I:K:CI6C9G:B6>C>C:;;:8IJCI>AI=:AD6CH6G:8DAA:8I:9 /=:B6M>BJBEDI:CI>6A;JIJG: E6NB:CIG:A6I:9IDI=:H:HCDIG:69>AN9:I:GB>C67A:7:86JH:I=:DBE6CNVHD7A><6I>DCJC9:GI=:H:6AA>DCD;G:EJG8=6H:9AD6CH6HD;.:EI:B7:G 6C9 $C8JGG:9ADHH:HG:A6I:9IDI=:H:G:EJG8=6H:9AD6CH6C9;>86CI 8=0=280; =BCAD<4=CBF8C7>=24=CA0C8>=>5A438C(8B:1H4>6A0?782">20C8>= HJ7HI6CI>6AEDGI>DCD;I=:DBE6CNVH8JHIDB:GHV67>A>INID=DCDGI=:>G8DCIG68IH>H9:E:C9:CIDCI=::8DCDBN>C ):7G6H@6 CDGI=:GC(>HHDJG> CDGI=:6HI:GC&6CH6H $DL6 HDJI=:6HI:GCG>ODC6 8:CIG6ADADG69D HDJI=:6HI:GC)DGI= 6@DI6 8:CIG6A(>CC:HDI66C9.DJI= 6@DI6 AI=DJ<=I=:DBE6CNVHAD6CEDGI;DA>D>H9>K:GH>;>:9 I=:G:>H6G:A6I>DCH=>E>CI=:H:G:<>DCH 7:IL::CI=:68JAIJG6A:8DCDBN6C9I=::8DCDB>8E:G;DGB6C8:D;AD6CHB69:IDCDC 68JAIJG6A8JHIDB:GH /=:8DC8:CIG6I>DC D;8G:9>I>CI=:G:<>DC6A68JAIJG6A:8DCDBN>HI6@:C>CID8DCH>9:G6I>DC7NB6C6<:B:CI>C9:I:GB>C>C<<8C<4=CB /=:DBE6CNA:6H:HH:K:G6A7G6C8=AD86I>DCHJC9:GI:GBHD;DE:G6I>CG>CDCIDG:C:LI=:H:A:6H:H;DGE:G>D9HI=6IG6C<:;GDBIDN:6GH /DI6AG:CI:ME:CH:;DGI=:H: A:6H:H;DG:68=D;I=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9 L6H B>AA>DC

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

EEGDM>B6I:;JIJG:B>C>BJBG:CI6AE6NB:CIH;DGDE:G6I>CC:M8:HHD;DC:N:6G>CHJ7H:FJ:CI;>H86AN:6GH6G:6H ;DAADLH

8B20;H40A <>D=C 0;88->?5:@4;A?-:0? 6C9I=:G:6;I:G /DI6A >=C8=64=284B !GDBI>B:IDI>B:I=:DBE6CN>H6E6GINIDK6G>DJHA>I><6I>DCB6II:GH6C9HJ7?:8IIDK6G>DJHG:H: >CI=:DG9>C6GN8DJGH:D;7JH>C:HH /=:DBE6CN:HI67A>H=:HG:H:GK:H;DGHJ8=B6II:GHL=:CEDI:CI>6AADHH:H7:8DB:EGD767A:6C9 86C7:G:6HDC67AN:HI>B6I:9 /=:DBE6CN7:A>:K:HI=:JAI>B6I:G:HDAJI>DCD;:M>HI>CI><6I>DC6C9G:AACDI =6K:6B6I:G>6A69K:GH::;;:8IDCI=:;>C6C8>6A8DC9>I>DC G:HJAIHD;DE:G6I>DCHDG86H=;ADLH #DL:K:G 8=6C<:H>C8>G8JBHI6C8:H DG699>I>DC6A>C;DGB6I>DC8DJA9G:HJAI>C699>I>DC6A688GJ6AHDGG:HDAJI>DCD;I=:H:B6II:GH>C:M8:HHD;:HI67A>H=:9688GJ6AH L=>8= 8DJA969K:GH:AN6;;:8II=:;>C6C8>6A8DC9>I>DC G:HJAIHD;DE:G6I>DCHDG86H=;ADLH EDI:CI>6AANB6I:G>6AAN *A0=B02C8>=B-8C7(4;0C43&0AC84B /=:DBE6CN=6H=69 6C9B6N7::ME:8I:9ID=6K:>CI=:;JIJG: 76C@>CDCH>CI=:DG9>C6GN8DJGH:D; 7JH>C:HHL>I=9>G:8IDGH :M:8JI>K:D;;>8:GH I=:>G>BB:9>6I:;6B>A>:H 6C96;;>A>6I:98DBE6C>:H>CL=>8=I=:N=6K:DGBDG: 7:C:;>8>6ADLC:GH=>E8DBBDCANG:;:GG:9ID6HG:A6I:9E6GI>:H /DI6AAD6CH8DBB>II:9IDG:A6I:9E6GI>:HL:G:CDIH>;>86CI6I .:EI:B7:G 6C9 /=:G:L6HCD>CI:G:HIE6>9IDG:A6I:9E6GI>:H;DG:68=D;I=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9 )EGDK>9:9I=:DBE6CNVH:BEADN::HL>I=G:HIG>8I:9H=6G:HD;)HID8@HJ7H:FJ:CIIDB::I>CC8:CI>K:CHHJ:9 H=6G:H !>C6AK:HI>C67>A>IN>C8AJ9:9>C688GJ:9:ME:CH:H6C9DI=:GA>67>A>I>:HDCI=: 8DCHDA>96I:976A6C8:H=::IHL6H B>AA>DC6C9 B>AA>DC6I.:EI:B7:G 6C9 G:HE:8I>K:AN /=::ME:CH:G:A6I:9 IDI=:G:HIG>8I:9H=6G:HL6HC:<>7A:;DG:68=D;I=:;>H86AN:6GH:C9:9.:EI:B7:G 6C96C9 B>AA>DC;DGI=: ;>H86AN:6G:C9:9.:EI:B7:G 6C9L6H>C8AJ9:9L>I=>CH6A6G>:H6C9:BEADN::7:C:;>IHDCI=:8DCHDA>96I:9HI6I:B:CIHD; >C8DB: 08A,0;D4#40BDA4<4=CB /=:DBE6CNB:6HJG:H BDC>IDGH6C99>H8ADH:H8:GI6>CD;>IH6HH:IH6C9A>67>A>I>:HDC6;6>GK6AJ:76H>H !6>GK6AJ:>H 9:;>C:96HI=:EG>8:I=6ILDJA97:G:8:>K:9IDH:AA6C6HH:IDGE6>9IDIG6CH;:G6A>67>A>IN>C6CDG9:GANIG6CH68I>DC7:IL::CB6G@:I E6GI>8>E6CIH6II=:B:6HJG:B:CI96I: /=:;6>GK6AJ:96C8:6AHD:HI67A>H=:H6;6>GK6AJ:=>:G6G8=NI=6IG:FJ>G:H6C:CI>INID B6M>B>O:I=:JH:D;D7H:GK67A:>CEJIH6C9B>C>B>O:I=:JH:D;JCD7H:GK67A:>CEJIHL=:CB:6HJG>C<;6>GK6AJ: /=:96C8: 9:H8G>7:HI=G::A:K:AHD;>CEJIHI=6IB6N7:JH:9IDB:6HJG:;6>GK6AJ:6G:6H;DAADLH ':K:A ,JDI:9EG>8:H>C68I>K:B6G@:IH;DG>9:CI>86A6HH:IHDGA>67>A>I>:H ':K:A *7H:GK67A:>CEJIHDI=:GI=6C':K:AEG>8:H HJ8=6HFJDI:9EG>8:H;DGH>B>A6G6HH:IHDGA>67>A>I>:HFJDI:9 EG>8:H>CB6G@:IHI=6I6G:CDI68I>K:DGDI=:G>CEJIHI=6I6G:D7H:GK67A:DG86C7:8DGGD7DG6I:97N D7H:GK67A:B6G@:I96I6;DGHJ7HI6CI>6AANI=:;JAAI:GBD;I=:6HH:IHDGA>67>A>I>:H ':K:A 0CD7H:GK67A:>CEJIHI=6I6G:HJEEDGI:97NA>IIA:DGCDB6G@:I68I>K>IN6C9I=6I6G:H>;>86CIIDI=:;6>GK6AJ: D;I=:6HH:IHDGA>67>A>I>:H

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

':K:A>CEJIH6G:8DCH>9:G:9ID7:I=:BDHIIG6CHE6G:CI6C9G:A>67A:6C9':K:A>CEJIH6G:8DCH>9:G:9ID7:I=:A:6HI IG6CHE6G:CI6C9G:A>67A: /=:DBE6CN6HHJB:HI=:JH:D;I=:EG>C8>E6AB6G@:IID8DC9J8I6IG6CH68I>DCD;:68=E6GI>8JA6G6HH:IDG A>67>A>IN7:>C9:GHI=:6HHJBEI>DCHI=6IB6G@:IE6GI>8>E6CIHLDJA9JH:L=:CEG>8>C67>A>IN 2=:C:K:GEDHH>7A: I=:DBE6CN;>GHIADD@H;DGFJDI:9EG>8:H;DG>9:CI>86A6HH:IHDGA>67>A>I>:H>C68I>K:B6G@:IH':K:A>CEJIH IDK6AJ::68=6HH:IDGA>67>A>IN #DL:K:G L=:C>CEJIH;GDB>9:CI>86A6HH:IHDGA>67>A>I>:HDC68I>K:B6G@:IH6G:CDI6K6>A67A: I=: DBE6CNJI>A>O:HB6G@:ID7H:GK67A:96I6;DGH>B>A6G6HH:IH6C9A>67>A>I>:H /=:DBE6CNB6M>B>O:HI=:JH:D;D7H:GK67A:>CEJIH 6C9A>B>IHI=:JH:D;JCD7H:GK67A:>CEJIHIDD886H>DCHL=:CD7H:GK67A:>CEJIH6G:CDI6K6>A67A: /=:C::9IDJH:JCD7H:GK67A: >CEJIH<:C:G6AANG:HJAIH;GDBI=:A68@D;B6G@:IA>FJ>9>IND;I=:68IJ6A;>C6C8>6A>CHIGJB:CIDGD;I=:JC9:GAN>C<8DAA6I:G6A AI=DJ<=>CHDB:>CHI6C8:H I=>G9E6GINEG>8:>C9>86I>DCHB6N7:6K6>A67A: A>B>I:9IG69>C<68I>K>IN86C8=6AA:C<:I=:D7H:GK67>A>IN D;I=:H:FJDI6I>DCH BB4CB0=3"8018;8C84B#40BDA430C08A,0;D4>=0(42DAA8=60B8B !DAADL>C<>H69:H8G>EI>DCD;I=:K6AJ6I>DCB:I=D9DAD<>:H6C9>CEJIHJH:9;DG6HH:IH6C9A>67>A>I>:HB:6HJG:96I;6>GK6AJ: DC6G:8JGG>C<76H>H6C9G:8DO:9>CI=:688DBE6CN>C<8DCHDA>96I:976A6C8:H=::IH 6HL:AA6HI=:<:C:G6A8A6HH>;>86I>DCD;HJ8= 6HH:IH6C9A>67>A>I>:HEJGHJ6CIIDI=:K6AJ6I>DC=>:G6G8=N &1/A>5@51?B-58-.812;>&-81 2=:G:FJDI:9B6G@:IEG>8:H6G:6K6>A67A:>C6C68I>K:B6G@:I H:8JG>I>:H6G:8A6HH>;>:9L>I=>C':K:AD;I=:K6AJ6I>DC =>:G6G8=N ':K:AH:8JG>I>:H>C8AJ9:0 . /G:6HJGNH:8JG>I>:H $;FJDI:9B6G@:IEG>8:H6G:CDI6K6>A67A: I=:C;6>GK6AJ:H6G: :HI>B6I:97NJH>C8>C8:HD;H:8JG>I>:HL>I=H>B>A6G8=6G68I:G>HI>8H DG9>H8DJCI:986H=;ADLH6C98A6HH>;>:9 6H':K:AH:8JG>I>:H ':K:AH:8JG>I>:H>C8AJ9:BDGI<6<: 768@:9 HI6I:H6C9EDA>I>86AHJ79>K>H>DCH 6C9DI=:GH:8JG>I>:H 2=:G: ':K:ADG':K:A>CEJIH6G:CDI6K6>A67A: H:8JG>I>:H6G:8A6HH>;>:9L>I=>C':K:AD;I=:=>:G6G8=N ':K:AH:8JG>I>:HL:G: >BB6I:G>6A6I.:EI:B7:G 6C9 :@1>1?@%-@1&C-C<86H=;ADLK6AJ6I>DCI:8=C>FJ:HL>I=D7H:GK67A: B6G@:I96I6>CEJIH /=:;6>GK6AJ:D;AD6CH688DJCI:9;DGJC9:GI=:;6>GK6AJ:DEI>DCG:EG:H:CIHI=:C:I86GGN>CI:6BDJCID;I=:K6AJ:D;I=:HL6EC::9:9IDD;;H:II=:>CI:G:HIG6I:G>H@6C96C69?JHIB:CI;DG8G:9>IG>H@ 76H:9DCI=:DBE6CNH6HH:HHB:CID;:M>HI>CI>DCH;DGI=:HE:8>;>8EDGI;DA>DD;AD6CH /=>H>HJH:99J:IDI=:HIG>8I EG:E6NB:CIE:C6AI>:HEJI>CI=:AD6CI:GBHID8DK:GI=:8DHID;:M>I>CCI:G:HIG6I:HL6ED;I=:AD6CH>CI=:86H:D;:6GAN EG:E6NB:CIDGI:GB>C6I>DC /=:69?JHIB:CI;DG8G:9>IG>H@DCAD6CH688DJCI:9;DGJC9:GI=:;6>GK6AJ:DEI>DC>HCDIH>;>86CIID I=:DK:G6AA;6>GK6AJ:D;I=:AD6CH /=:;6>GK6AJ:H:HI>B6I:97NI=:DBE6CNH.L6E :6A:GHJH:>CI:G:HIG6I:HI=6I6G:D7H:GK67A: DGI=6I86C7:8DGGD7DG6I:97ND7H:GK67A:B6G@:I96I66C9 I=:G:;DG: 6G:8A6HH>;>:9L>I=>C':K:AD;I=:K6AJ6I>DC=>:G6G8=N /=: DBE6CN=6H:CI:G:9>CIDDAA6I:G6AI=>IH.L6E :6A:GH6C9!JIJG:HA:6G>C<(:G8=6CIL=>8=:CI>IA:>IIDG:8:>K: 8DAA6I:G6AID8DK:GB6G@:IK6AJ:HDC9:G>K6I>K:HL=>8=6G:>C6HH:IEDH>I>DC I=JH68G:9>IG>H@69?JHIB:CIDC>CI:G:HIG6I:HL6EH>H CDIL6GG6CI:9 /=:DBE6CNG:CID>CI:G:HIG6I:AD8@8DBB>IB:CIHDCBDGI<6<:AD6CHID7:=:A9;DGH6A:L>I= 8DGG:HEDC9>C<;DGL6G9H6A:H8DCIG68IHG:A6I:9IDI=:H:>CI:G:HIG6I:AD8@8DBB>IB:CIH I=:;6>GK6AJ:HD;L=>8=6G:86A8JA6I:97N 6EEAN>C:(6:/EG>8>CCI:G:HIG6I:AD8@8DBB>IB:CI6C9;DGL6G9H6A:H 8DCIG68I I=:G:;DG: 6G:8A6HH>;>:9L>I=>C':K:AD;I=:K6AJ6I>DC=>:G6G8=N /=:DBE6CN6AHD=6H768@ ID 768@HL6EHL>I=AD6C 8JHIDB:GH L>I=8DGG:HEDC9>CI=6CDJIH>9:I=>G9E6GIN>C:M68ID;;H:II>CB5/5:3%534@? !6>GK6AJ:>H9:I:GB>C:96I6IG6C8=:A:K:A 76H:9DCB6G@:IEG>8:H;DG8DBE6G67A:BDGI<6<:H:GK>8>C<8DCIG68IH':K:A L=:C6K6>A67A: DG6AI:GC6I>K:AN76H:9DC6K6AJ6I>DCBD9:AI=6I86A8JA6I:HI=:EG:H:CIK6AJ:D;:HI>B6I:9;JIJG:C:IH:GK>8>C< >C8DB: /=:K6AJ6I>DCBD9:AJI>A>O:H>CI:G:HIG6I: EG:E6NB:CIHE::9 6C99:;6JAIG6I:6HHJBEI>DCHI=6IB6G@:IE6GI>8>E6CIHLDJA9 JH:>C:HI>B6I>C<;JIJG:C:IH:GK>8>C<>C8DB:6C9I=6I86C7:K6A>96I:96<6>CHIB6G@:I96I6':K:A

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

/=:;DAADL>CGK6AJ:B:6HJG:B:CIHD;6HH:IH6C9A>67>A>I>:HG:8DO:9>CI=:688DBE6CN>C< 8DCHDA>96I:976A6C8:H=::IHB:6HJG:96I;6>GK6AJ:DC6G:8JGG>C<76H>H6C9I=:A:K:AL>I=>CI=:;6>GK6AJ:=>:G6G8=N>CL=>8=I=: ;6>GK6AJ:B:6HJG:B:CIH;6AA6I.:EI:B7:G 6C9

08A,0;D4 "4E4; "4E4; "4E4; 0;88->?5:@4;A?-:0? B>5)4?C4<14A 0 . /G:6HJGNH:8JG>I>:H S S (DGI<6<: 768@:9H:8JG>I>:H S S .I6I:H6C9EDA>I>86AHJ79>K>H>DCH:8JG>I>:H S *I=:G S S /DI6AH:8JG>I>:H6K6>A67A:;DGH6A: :G>K6I>K:H 6HH:IH S S :G>K6I>K:H A>67>A>I>:H S S !6>GK6AJ:AD6CH S S 'D6CH:GK>8>C<=IH S S B>5)4?C4<14A 0 . /G:6HJGNH:8JG>I>:H S S (DGI<6<: 768@:9H:8JG>I>:H S S .I6I:H6C9EDA>I>86AHJ79>K>H>DCH:8JG>I>:H S *I=:G S S /DI6AH:8JG>I>:H6K6>A67A:;DGH6A: :G>K6I>K:H 6HH:IH S S :G>K6I>K:H A>67>A>I>:H S S !6>GK6AJ:AD6CH S S 'D6CH:GK>8>C<=IH S S /=:;DAADL>CC':K:A6HH:IH6C9A>67>A>I>:HB:6HJG:96I;6>GK6AJ:DC6G:8JGG>C<76H>H;DG I=:;>H86AN:6GH:C9:9.:EI:B7:G 6C9

8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0? %C74AB42DA8C84B0E08;01;45>AB0;4 6A6C8: 7:<>CC>CD9 99>I>DCH S +G>C8>E6AE6N9DLC 6A6C8: :C9D;E:G>D9 ">0=B4AE828=6A867CB 6A6C8: 7:<>CC>CD9 -:6A>O:96C9JCG:6A>O:9ADHHX 6A6C8: :C9D;E:G>D9

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

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

9<-5>10 ;-:?;88-@1>-81<1:01:@ 'D6CH;DGL=>8=>I>HEGD767A:I=6II=:DBE6CNL>AACDI8DAA:8I6AAEG>C8>E6A6C9>CI:G:HI9J:688DG9>CBE6>GB:CI AADL67A:B:I=D9H;DG:HI>B6I>C<;6>GK6AJ:>C8AJ9:JH>CGK6AJ:D;I=:8DAA6I:G6A;DG 8DAA6I:G6A9:E:C9:CIAD6CHDG L=:G:6AD6C>H9:I:GB>C:9CDIID7:8DAA6I:G6A9:E:C9:CI JH>CH8DJCI:986H=;ADLB:I=D9 $;I=:>BE6>G:9AD6C>H>9:CI>;>:96H8DAA6I:G6A9:E:C9:CI I=:CI=:;6>GK6AJ:B:I=D9D;B:6HJG>CBE6>GB:CI>HJI>A>O:9 /=>HB:I=D9G:FJ>G:HD7I6>C>C<68JGG:CI>C9:E:C9:CI6EEG6>H6AD;I=:8DAA6I:G6A6C96EEAN>C<69>H8DJCI ;68IDG >;C:8:HH6GN IDI=:6EEG6>H:9K6AJ:6C9>C8AJ9>C<8DHIHIDH:AA :86JH:B6CND;I=:H:>CEJIH6G:CDID7H:GK67A: I=: B:6HJG:B:CIH6G:8A6HH>;>:96H':K:A ;>@3-31 ;-:?1802;>&-81 !6>GK6AJ:D;BDGI<6<:AD6CH=:A9;DGH6A:>H76H:9DC:>I=:GFJDI:9EG>8:H;DGI=:H6B:DGH>B>A6GAD6CH DGK6AJ:H D7I6>C:9;GDBI=>G9E6GI>:H DG6G::HI>B6I:9;DGEDGI;DA>DHD;AD6CHL>I=H>B>A6G;>C6C8>6A8=6G68I:G>HI>8H6C96G:I=:G:;DG: 8DCH>9:G:96':K:AK6AJ6I>DC #>;<1>@E1802;>&-81 /=>HG:6A:HI6I:EGDE:GIN>H86GG>:9>CEG:B>H:H6C9:FJ>EB:CI6HEGDE:GIN=:A9;DGH6A:6I;6>GK6AJ:76H:9JEDCI=: IG6CH68I>DC6AEG>8:>;6K6>A67A: DGI=:6EEG6>H:9K6AJ:D;I=:EGDE:GIN /=:;DAADL>CGK6AJ:B:6HJG:B:CID;6HH:IH6C9A>67>A>I>:HB:6HJG:96I;6>GK6AJ:DC6CDCG:8JGG>C< 76H>H6C9I=:A:K:AL>I=>CI=:;6>GK6AJ:=>:G6G8=N>CL=>8=I=:;6>GK6AJ:B:6HJG:B:CIH;6AA6I.:EI:B7:G 6C9

08A,0;D4 "4E4; "4E4; "4E4; 0;88->?5:@4;A?-:0? B>5)4?C4<14A *I=:GG:EDHH:HH:9EGDE:GIN S S $BE6>G:9AD6CH S S 'D6CH=:A9;DGH6A: 6IADL:GD;8DHIDG;6>GK6AJ: S S +GDE:GIN=:A9;DGH6A: S S B>5)4?C4<14A *I=:GG:EDHH:HH:9EGDE:GIN S S $BE6>G:9AD6CH S S 'D6CH=:A9;DGH6A: 6IADL:GD;8DHIDG;6>GK6AJ: S S +GDE:GIN=:A9;DGH6A: S S /=:K6AJ6I>DCI:8=C>FJ:H6C9H>;>86CIJCD7H:GK67A:>CEJIHJH:9IDB:6HJG:':K:A;6>GK6AJ:B:6HJG:B:CIH6I .:EI:B7:G L:G:6H;DAADLH

08A,0;D4>5BB4CB "8018;8C84B0C ,0;D0C8>= +=>1B4AE01;4 -4867C43 )4?C4<14A *427=8@D4B =?DC (0=64 E4A064 0;88->?5:@4;A?-:0? *I=:GG:EDHH:HH:9EGDE:GIN EEG6>H6AK6AJ: +GDE:GINHE:8>;>869?JHIB:CI ) ) $BE6>G:9AD6CH EEG6>H6AK6AJ: +GDE:GINHE:8>;>869?JHIB:CI) ) +GDE:GIN=:A9;DGH6A: EEG6>H6AK6AJ: +GDE:GINHE:8>;>869?JHIB:CI ) ) 8B2;>BDA4B01>DC08A,0;D4>58=0=280; =BCAD<4=CB /=:;DAADL>CDCHJBB6G>O:HI=::HI>B6I:9;6>GK6AJ:;DG;>C6C8>6A>CHIGJB:CIH688DJCI:9;DG6I6BDGI>O:98DHI6HD; 6HD;.:EI:B7:G 6C9.:EI:B7:G .>;>86CI6HH:IH6C9A>67>A>I>:HI=6I6G:CDI8DCH>9:G:9;>C6C8>6A>CHIGJB:CIH >C8AJ9:EG:B>H:H6C9:FJ>EB:CI 9:;:GG:9>C8DB:I6M:H AA 6C98DG:9:EDH>I6C9DI=:G>CI6C<>7A:H 99>I>DC6AAN >C 688DG96C8:L>I=I=:9>H8ADHJG:9:A>C: G:8:>K67A:H6C9E6N67A:H9J:>CDC:N:6GDGA:HH >CHJG6C8:8DCIG68IH :FJ>IN>CK:HIB:CIH CDI688DJCI:9;DG6I;6>GK6AJ: 6C99:EDH>IHL>I=CD9:;>C:9DG8DCIG68IJ6AB6IJG>I>:H6G::M8AJ9:9

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

*;; 76A6C8:H=::I>CHIGJB:CIH8DBB>IB:CIHID:MI:C98G:9>I6C9HI6C97NA:II:GHD;8G:9>I6G:<:C:G6AANH=DGI I:GB6C9 6IK6G>67A:G6I:H /=:G:;DG: 7DI=I=:86GGN>C<6BDJCI6C9I=::HI>B6I:9;6>GK6AJ:6HHD8>6I:9L>I=I=:H:>CHIGJB:CIH6G: >BB6I:G>6A !6>GK6AJ:H;DGDC 76A6C8:H=::I>CHIGJB:CIH6HD;.:EI:B7:G 6C9.:EI:B7:G 6G:6H;DAADLH

)4?C4<14A )4?C4<14A "4E4;8= 08A,0;D4 0AAH8=6 08A 0AAH8=6 08A 84A0A27H <>D=C ,0;D4 <>D=C ,0;D4 0;88->?5:@4;A?-:0? BB4CB 6H=6C986H=:FJ>K6A:CIH ':K:A 'D6CH C:I :M8AJ9>C<;6>GK6AJ:9AD6CH AD6CH=:A9;DGH6A:6C9>BE6>G:9AD6CHX ':K:A "8018;8C84B />B:9:EDH>IH ':K:A !#'69K6C8:H6C9DI=:G7DGGDL>CI>:HHDA9JC9:GG:EJG8=6H:6C6I:99:7:CIJG:H6C9HJ7DG9>C6I:9CDI:HE6N67A: ':K:A

 $C8AJ9:H B>AA>DC6C9 B>AA>DCD;C:I9:;:GG:9AD6C;::H6I.:EI:B7:G 6C9 G:HE:8I>K:AN D;L=>8=86GGN>CB6I:H;6>GK6AJ:

0A=8=6B?4A)70A4 6H>8:6GC>CH86A8JA6I:97N9>K>9>CC8DB:6K6>A67A:ID8DBBDCH=6G:=DA9:GH7NI=: L:><=I:96K:G6<:CJB7:GD;8DBBDCH=6G:HDJIHI6C9>C<9JG>CD9 >AJI:9:6GC>CH86A8JA6I:97N 9>K>9>CC8DB:6K6>A67A:ID8DBBDCH=6G:=DA9:GH7NI=:L:><=I:96K:G6<:CJB7:GD;8DBBDCH=6G:HDJIHI6C9>C< 9:I:GB>C:9;DGI=:76H>8:6GC>CDCEAJHI=:9>AJI>K::;;:8ID;HID8@8DBE:CH6I>DCJH>CC<>C;DGB6I>DCL6HJH:9>CI=:8DBEJI6I>DCD;76H>86C99>AJI:9:6GC>CH86AN:6GH:C9:9 .:EI:B7:G 6C9

8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0?1D/1<@<1>?4->10-@- ):I>C8DB: 

2:><=I:96K:G6<:8DBBDCH=6G:HDJIHI6C9>C< >AJI>K::;;:8ID;HID8@76H:98DBE:CH6I>DC 2:><=I:96K:G6<:8DBBDCH=6G:HDJIHI6C9>C<;DG9>AJI:9:6GC>CDC

6H>8:6GC>CAJI:9:6GC>C8=L:G:CDI>C8AJ9:9 >CI=:8DBEJI6I>DCD;9>AJI:9:6GC>CI>DCH;DGK:HI>C<=69CDI7::CB:I /=: DBE6CN=69 6C9CDH=6G:HD;6CI> 9>AJI>K:HID8@6L6G9HDJIHI6C9>C<6HD;.:EI:B7:G 6C9 G:HE:8I>K:AN

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

 &0A4=C>C6C8>6A>C;DGB6I>DC;DG"G:6I2:HI:GC6C8DGE $C8 >HHJBB6G>O:96H;DAADLH >=34=B430;0=24)744CB 0--"34*/)064"/%4

)4?C4<14A 0;88->?5:@4;A?-:0? BB4CB 6H=6C986H=:FJ>K6A:CIH $CK:HIB:CI>CHJ7H>9>6G>:H ):I9:;:GG:9I6M6HH:IH *I=:G6HH:IH /DI6A6HH:IH "8018;8C84B0=3BC>2:7>;34ABK4@D8CH .J7DG9>C6I:99:7:CIJG:H6C9HJ7DG9>C6I:9CDI:HE6N67A: 88GJ:9:ME:CH:H6C9DI=:GA>67>A>I>:H /DI6AA>67>A>I>:H )C>2:7>;34ABK4@D8CH DBBDCHID8@ 99>I>DC6AE6>9 >C86E>I6A -:I6>C:9:6GC>CK:>C8DB:ADHH /DI6AHID8@=DA9:GHV:FJ>IN /DI6AA>67>A>I>:H6C9HID8@=DA9:GHV:FJ>IN >=34=B43)C0C4<4=CB>5><4 0--"34*/)064"/%4

8B20;/40AB=343)4?C4<14A 0;88->?5:@4;A?-:0? =2><4 >K>9:C9H;GDBHJ7H>9>6GN76C@ >K>9:C9HDCH:8JG>I>:H *I=:G /DI6A>C8DB: G?4=B4B $CI:G:HIDCHJ7DG9>C6I:99:7:CIJG:H6C9HJ7DG9>C6I:9CDI:HE6N67A: .6A6G>:H6C9:BEADN::7:C:;>IH +GD;:HH>DC6A;::H *I=:G /DI6A:ME:CH: =2><4145>A48=2><4C0G0=34@D8CH8=D=38BCA81DC43=4C8=2><4>5BD1B8380A84B $C8DB:I6M7:C:;>I =2><4145>A44@D8CH8=D=38BCA81DC43=4C8=2><4>5BD1B8380A84B FJ>IN>CJC9>HIG>7JI:9C:I>C8DB:D;HJ7H>9>6G>:H $4C8=2><4

 (*-)*($$%(& $ $>C4BC>>=B>;830C438=0=280;)C0C4<4=CB

>=34=B43)C0C4<4=CB>50B7;>FB 0--"34*/)064"/%4

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

 *# $) $$ )(#$*)- *%+$*$*)%$%+$* $$ $$ " )"%)+( )DC:

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

70=648= =C4A=0;>=CA>;>E4A8=0=280;(4?>AC8=6 /=:G:=6K:7::CCD8=6C<:H>CDJG>CI:GC6A8DCIGDADK:G;>C6C8>6AG:EDGI>C<6H9:;>C:9>C-JA:6 ;6C99 ; D;I=: M8=6C<:8I9JG>CH86AFJ6GI:GI=6I=6K:B6I:G>6AAN6;;:8I:9 DG6G:G:6HDC67ANA>@:ANID B6I:G>6AAN6;;:8I DJG>CI:GC6A8DCIGDADK:G;>C6C8>6AG:EDGI>C<

 #$#$*)))))#$*%(*-)*($$%(& $ ) $*($"%$*(%"%,( $$ "(&%(* $

*JGB6C6<:B:CI>HG:HEDCH>7A:;DG:HI67A>H=>C<6C9B6>CI6>C>C<:;;:8I>K:>CI:GC6A8DCIGDADK:G;>C6C8>6AG:EDGI>CH 9:H>9:G:6HDC67A:6HHJG6C8:G:<6G9>C67>A>IND;;>C6C8>6AG:EDGI>C<6C9I=:EG:E6G6I>DCD;;>C6C8>6A HI6I:B:CIH;DG:MI:GC6AEJGEDH:H>C688DG96C8:L>I=0."+ /=:HNHI:BD;>CI:GC6A8DCIGDADK:G;>C6C8>6AG:EDGI>C<6H>IG:A6I:H IDI=:;>C6C8>6AHI6I:B:CIH>H:K6AJ6I:9;DG:;;:8I>K:C:HH7NB6C6<:B:CI6C9I:HI:9;DGG:A>67>A>INI=GDJ<=6EGDCI:GC6A 6J9>IH 8I>DCH6G:I6@:CID8DGG:8IEDI:CI>6A9:;>8>:C8>:H6HI=:N6G:>9:CI>;>:9 CNHNHI:BD;>CI:GC6A8DCIGDA CDB6II:G=DLL:AA9:H>C=:G:CIA>B>I6I>DCH >C8AJ9>C7>A>INI=6I6 8DCIGDA86C7:8>G8JBK:CI:9DGDK:GG>99:C6C9B>HHI6I:B:CIH9J:ID:GGDGDG;G6J9B6ND88JG6C9CDI7:9:I:8I:9 88DG9>CK:HNHI:BD;>CI:GC6A8DCIGDAL>AAEGDK>9:DCANG:6HDC67A:6HHJG6C8:L>I=G:HE:8IID;>C6C8>6AG:EDGI>C<6C9 ;>C6C8>6AHI6I:B:CIEG:E6G6I>DC +GD?:8I>DCHD;6CN:K6AJ6I>DCD;:;;:8I>K:C:HHID;JIJG:E:G>D9H6G:HJ7?:8IIDI=:G>H@I=6I8DCIGDAH B6N7:8DB:>C69:FJ6I:7:86JH:D;68=6C<:>C8DC9>I>DCH DGI=6II=:9:6C8:L>I=I=:EDA>8>:HDGEGD8:9JG:HB6N 9:I:G>DG6I: *JGB6C6<:B:CI JC9:GI=:HJE:GK>H>DC6C9L>I=I=:E6GI>8>E6I>DCD;DJG=>:; M:8JI>K:*;;>8:G6C9=>:;!>C6C8>6A *;;>8:G 6HH:HH:9DJGHNHI:BD;>CI:GC6A8DCIGDADK:G;>C6C8>6AG:EDGI>C<6HD;.:EI:B7:G (6C6<:B:CIH6HH:HHB:CI>H 76H:9DCI=:8G>I:G>6;DG:;;:8I>K:>CI:GC6A8DCIGDADK:G;>C6C8>6AG:EDGI>C<6H9:H8G>7:9>C$CI:GC6ADCIGDA $CI:HHJ:97NI=:DBB>II::D;.EDCHDG>C<*G<6C>O6I>DCHD;I=:/G:69L6NDBB>HH>DC 6H:9DCI=>H 6HH:HHB:CI L:8DC8AJ9:9I=6IDJGHNHI:BD;>CI:GC6A8DCIGDADK:G;>C6C8>6AG:EDGI>CK:6C9B::IHI=:8G>I:G>6D;I=: $CI:GC6ADCIGDA $CI:D98DK:G:97NI=>HG:EDGI GCHI4DJC<''+ I=:>C9:E:C9:CIG:<>HI:G:9EJ7A>8688DJCI>C<;>GBI=6I6J9>I:9I=:;>C6C8>6AHI6I:B:CIH>C8AJ9:9 L>I=>CI=>HG:EDGI =6H>HHJ:96C6II:HI6I>DCG:EDGIDCI=::;;:8I>K:C:HHD;DJG>CI:GC6A8DCIGDADK:G;>C6C8>6AG:EDGI>C<6HD;I=::C9 D;I=:E:G>D98DK:G:97NI=>HG:EDGI L=>8=>HH:I;DGI=7:ADL

N H&:C&6G:AH N H+:I:G=6EB6C )6B: !4=!0A4;B )6B: &4C4A70?<0= />IA: =6>GE:GHDCD;I=:D6G9 +G:H>9:CI6C9=>:; />IA: =>:;!>C6C8>6A*;;>8:G M:8JI>K:*;;>8:G 6I: )DK:B7:G 6I: )DK:B7:G

 (&%(*% $&$$*( )*(&+" %+$* $ (#

/DI=:.=6G:=DA9:GH6C9I=:D6G9D; >G:8IDGHD;"G:6I2:HI:GC6C8DGE $C8

H GCHI4DJC<''+

(>CC:6EDA>H (>CC:HDI6 )DK:B7:G 

 *# %*( $%(#* %$ )DI6EEA>867A:

&(*

*# (*%().+* ,% ()$%(&%(*%,($$ /=>H>C;DGB6I>DC>H>C8DGEDG6I:97NG:;:G:C8:IDDJG9:;>C>I>K:EGDMNHI6I:B:CI;DGDJG6CCJ6AB::I>CAA7:;>A:9L>I=I=:. EJGHJ6CIID-:DCCDIA6I:GI=6C96NH6;I:G.:EI:B7:G I=::C9 D;DJG;>H86AN:6G $C;DGB6I>DCG:A6I>CK:D;;>8:GH>H EJGHJ6CIID$CHIGJ8I>DCD;$I:B7D;-:DC. &6C9 ":C:G6A$CHIGJ8I>DC"D;!DGB & H:I;DGI=>C+6GI$ $I:BD;I=>HCCJ6A-:EDGIDC!DGB &JC9:GI=:86EI>DC$I:B JH>C:HHS$C;DGB6I>DC67DJIDJG M:8JI>K:*;;>8:GH

*# .+* ,%#&$)* %$ /=>H>C;DGB6I>DC>H>C8DGEDG6I:97NG:;:G:C8:IDDJG9:;>C>I>K:EGDMNHI6I:B:CI;DGDJG6CCJ6AB::I>CAA7:;>A:9L>I=I=:. EJGHJ6CIID-:DCCDIA6I:GI=6C96NH6;I:G.:EI:B7:G I=::C9 D;DJG;>H86AN:6G

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

*# (* $("* %$) &)$("**($)* %$)$ (*%( $&$$ /=>H>C;DGB6I>DC>H>C8DGEDG6I:97NG:;:G:C8:IDDJG9:;>C>I>K:EGDMNHI6I:B:CI;DGDJG6CCJ6AB::I>CAA7:;>A:9L>I=I=:. EJGHJ6CIID-:DCCDIA6I:GI=6C96NH6;I:G.:EI:B7:G I=::C9 D;DJG;>H86AN:6G

*# &( $ &"%+$*$*)$)(, ) /=>H>C;DGB6I>DC>H>C8DGEDG6I:97NG:;:G:C8:IDDJG9:;>C>I>K:EGDMNHI6I:B:CI;DGDJG6CCJ6AB::I>CAA7:;>A:9L>I=I=:. EJGHJ6CIID-:DCCDIA6I:GI=6C96NH6;I:G.:EI:B7:G I=::C9 D;DJG;>H86AN:6G

&(* ,

*# . *)$ $$ ")**#$*)+") /=:;DAADL>C<;>C6C8>6AHI6I:B:CIH6G:>C8AJ9:9>C+6GI$$ $I:BD;I=>HCCJ6A-:EDGIDC!DGB &JC9:G I=:86EI>DC$I:B !>C6C8>6A.I6I:B:CIH6C9.JEEA:B:CI6GN 6I66C96G:>C8DGEDG6I:9=:G:>C7NG:;:G:C8: -:EDGID;$C9:E:C9:CI-:<>HI:G:9+J7A>888DJCI>CGB DCHDA>96I:96A6C8:.=::IH .:EI:B7:G 6C9 DCHDA>96I:9.I6I:B:CIHD;$C8DB: !>H86A4:6GH C9:9.:EI:B7:G 6C9 DCHDA>96I:9.I6I:B:CIHD;DBEG:=:CH>K:$C8DB: !>H86A4:6GH C9:9.:EI:B7:G 6C9 DCHDA>96I:9.I6I:B:CIHD;.ID8@=DA9:GH FJ>IN !>H86A4:6GH C9:9.:EI:B7:G 6C9 DCHDA>96I:9.I6I:B:CIHD;6H=!ADLH !>H86A4:6GH C9:9.:EI:B7:G 6C9 )DI:HIDDCHDA>96I:9!>C6C8>6A.I6I:B:CIH !>C6C8>6AHI6I:B:CIH8=:9JA:H6G:DB>II:9:>I=:G7:86JH:I=:N6G:CDIG:FJ>G:9DG6G:CDI6EEA>867A: DG 7:86JH:I=:G:FJ>G:9>C;DGB6I>DC>H>C8AJ9:9>CI=:;>C6C8>6AHI6I:B:CIHDGCDI:HI=:G:ID /=::M=>7>IHA>HI:97:ADL6G:;>A:9L>I=DG>C8DGEDG6I:97NG:;:G:C8:>CI=>HCCJ6A-:EDGIDC!DGB & 2=:G:HJ8=:M=>7>I>H>C8DGEDG6I:97NG:;:G:C8:ID6EG:K>DJHAN;>A:9G:<>HIG6I>DCHI6I:B:CIDGG:EDGI HJ8=G:<>HIG6I>DC HI6I:B:CIDGG:EDGI>H>9:CI>;>:9>CE6G:CI=:H:H (6C6<:B:CI8DCIG68IH6C98DBE:CH6IDGNEA6CHDG6GG6C<:B:CIH6G: HE:8>;>86AAN>9:CI>;>:97:ADL

$D<14A 4B2A8?C8>= +JG8=6H:6C9HHJBEI>DCIH 96I:96HD;%JC: 6BDCI$CHJG6C8: DGEDG6I>DC -:8:>K:GD;/>:G*C:6C@ '>C8DAC ):7G6H@6 !:9:G6A :EDH>I$CHJG6C8:DGEDG6I>DC6C9"G:6I2:HI:GC6C@ >C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB. ;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC JA:)D

B:C9:96C9-:HI6I:9:GI>;>86I:D;$C8DGEDG6I>DC>C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDI=:CCJ6A-:EDGIDC!DGB &;DGI=:;>H86AN:6G:C9:9.:EI:B7:G ;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC :8:B7:G !>A:)D

 B:C9:96C9-:HI6I:9NA6LH>C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB. ;>A:97N "G:6I2:HI:GC6C8DGE $C8 DCJA:)D 

 !DGBD;DBBDC.ID8@:GI>;>86I:>C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB. ;>A:9 7N"G:6I2:HI:GC6C8DGE $C8 DCJA:)D 

$C9:CIJG: 96I:96HD; :8:B7:G 7:IL::C"G:6I2:HI:GC6C8DGEDG6I>DC $C8 6C90 . 6C@)6I>DC6AHHD8>6I>DC >C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB. ;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC JA:)D

"J6G6CI::DC $C8 6C90 . 6C@)6I>DC6A HHD8>6I>DC>C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDB:C9B:CI)D IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB. ;>A:97N "G:6I2:HI:GC6C8DGE $C8 DC.:EI:B7:G !>A:)D

!>GHI.JEEA:B:CI6A$C9:CIJG:96I:9*8ID7:G 7:IL::C"G:6I2:HI:GC6C8DGEDG6I>DC $C8 "G:6I2:HI:GC6C8DGE $C8 6C90 . 6C@)6I>DC6AHHD8>6I>DC>C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDI=:CCJ6A-:EDGIDC!DGB &;DGI=: ;>H86AN:6G:C9:9.:EI:B7:G ;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC :8:B7:G !>A:)D

B:C9:96C9-:HI6I:9 :8A6G6I>DCD;/GJHID;"G:6I2:HI:GC.I6IJIDGN/GJHI$1 96I:9 :8:B7:G >C8DGEDG6I:97N G:;:G:C8:ID M=>7>I IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB. ;>A:97N"G:6I2:HI:GC6C8DGE $C8 DCJA:)D

$C9:CIJG: 96I:96HD;(6G8= 7:IL::C"G:6I2:HI:GC6C8DGEDG6I>DC $C8 6C9'6.6AA:6C@)6I>DC6AHHD8>6I>DC >C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB. ;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC JA:)D

"J6G6CI::DC $C8 6C9'6.6AA:6C@)6I>DC6A HHD8>6I>DC>C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDB:C9B:CI)D IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB. ;>A:97N "G:6I2:HI:GC6C8DGE $C8 DC.:EI:B7:G !>A:)D

!>GHI.JEEA:B:CI6A$C9:CIJG: 96I:96HD;*8ID7:G 6BDC<"G:6I2:HI:GC6C8DGEDG6I>DC $C8 "G:6I2:HI:GC 6C8DGE $C8 6C90 . 6C@)6I>DC6AHHD8>6I>DC HJ88:HHDGID'6.6AA:6C@)6I>DC6AHHD8>6I>DC>C8DGEDG6I:97NG:;:G:C8: ID M=>7>I IDI=:CCJ6A-:EDGIDC!DGB &;DGI=:;>H86AN:6G:C9:9.:EI:B7:G ;>A:97N"G:6I2:HI:GC 6C8DGE $C8 DC :8:B7:G !>A:)D

!>GHI.JEEA:B:CI6A$C9:CIJG: 6BDC<"G:6I2:HI:GC6C8DGEDG6I>DC $C8 "G:6I2:HI:GC6C8DGE $C8 6C90 . 6C@)6I>DC6A HHD8>6I>DC>C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDB:C9B:CI)D IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB. ;>A:97N "G:6I2:HI:GC6C8DGE $C8 DC.:EI:B7:G !>A:)D

B:C9:96C9-:HI6I:9 :8A6G6I>DCD;/GJHID;"26E>I6A/GJHI1$ 96I:96HD;(6G8= >C8DGEDG6I:97NG:;:G:C8: ID M=>7>I IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB. ;>A:97N"G:6I2:HI:GC6C8DGE $C8 DCJA:)D

$C9:CIJG: 96I:96HD;%JC: 7:IL::C.JCHI6I:6C8H=6G:H $C8 6C9%+(DG<6C=6H:6C@ )6I>DC6AHHD8>6I>DC >C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB. ;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC JA:)D

 "J6G6CI::DC6A HHD8>6I>DC>C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDB:C9B:CI)D IDI=:-:<>HIG6I>DC.I6I:B:CIDC;DGB. ;>A:97N "G:6I2:HI:GC6C8DGE $C8 DC.:EI:B7:G !>A:)D 

!>GHI.JEEA:B:CI6A$C9:CIJG: 96I:96HD;(6N 7:IL::C"G:6I2:HI:GC6C8DGEDG6I>DC $C8 6C9/=:6C@D;):L 4DG@/GJHIDBE6CN )6I>DC6AHHD8>6I>DC>C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB . ;>A:97N"G:6I2:HI:GC6C8DGE $C8 DCJA:)D

.:8DC9.JEEA:B:CI6A$C9:CIJG: 96I:9*8ID7:G 7:IL::C"G:6I2:HI:GC6C8DGEDG6I>DC $C8 "G:6I2:HI:GC 6C8DGE $C8 6C9/=:6C@D;):L4DG@/GJHIDBE6CN )6I>DC6AHHD8>6I>DC>C8DGEDG6I:97NG:;:G:C8:ID M=>7>I ID I=:CCJ6A-:EDGIDC!DGB &;DGI=:;>H86AN:6G:C9:9.:EI:B7:G ;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC :8:B7:G !>A:)D

B:C9:96C9-:HI6I:9 :8A6G6I>DCD;/GJHID;.JCHI6I:6C8H=6G:H/GJHI$$ 96I:96HD;%JC: >C8DGEDG6I:97N G:;:G:C8:ID M=>7>I IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB. ;>A:97N"G:6I2:HI:GC6C8DGE $C8 DCJA:)D

$D<14A 4B2A8?C8>= .J7DG9>C6I:9)DI:+JG8=6H:9:CI>;>:9DC.8=:9JA:$I=:G:ID 6C96CN6HH>C8AJ9>CC6I:9)DI:>HHJ:9ID:68=D;HJ8= +JG8=6H:GH>C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDI=:CCJ6A-:EDGIDC!DGB &;DGI=:;>H86AN:6G:C9:9.:EI:B7:G ;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC :8:B7:G !>A:)D

!>GHI.JEEA:B:CI6A$C9:CIJG: 96I:96HD;(6N 6BDC<"G:6I2:HI:GC6C8DGE $C8 #!!>C6C8>6ADGE 6C9 2>AB>CCC6C8>6A6E>I6A/GJHI$$$IGJHIEG:;:GG:9H:8JG>I>:H>C8DGEDG6I:9 7NG:;:G:C8:ID M=>7>I IDI=:JGG:CI-:EDGIDC!DGB &;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC(6N !>A:)D

!>GHI.JEEA:B:CI6A$C9:CIJG: 96I:96HD;(6N 6BDC<"G:6I2:HI:GC6C8DGE $C8 #!!>C6C8>6ADGE 6C9 2>AB>CCC6C8>6A6E>I6A/GJHI$1IGJHIEG:;:GG:9H:8JG>I>:H>C8DGEDG6I:9 7NG:;:G:C8:ID M=>7>I IDI=:JGG:CI-:EDGIDC!DGB &;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC(6N !>A:)D

!>GHI.JEEA:B:CI6A$C9:CIJG: 96I:96HD;(6N 6BDC<"G:6I2:HI:GC6C8DGE $C8 #!!>C6C8>6ADGE 6C9 2>AB>CCC6C8>6A6E>I6A/GJHI1$IGJHIEG:;:GG:9H:8JG>I>:H>C8DGEDG6I:9 7NG:;:G:C8:ID M=>7>I IDI=:JGG:CI-:EDGIDC!DGB &;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC(6N !>A:)D

!>GHI.JEEA:B:CI6A$C9:CIJG: 96I:96HD;(6N 6BDC<"G:6I2:HI:GC6C8DGE $C8 #!!>C6C8>6ADGE 6C9 2>AB>CCC6C8>6A6E>I6A/GJHI1IGJHIEG:;:GG:9H:8JG>I>:H>C8DGEDG6I:9 7NG:;:G:C8:ID M=>7>I IDI=:JGG:CI-:EDGIDC!DGB &;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC(6N !>A:)D :H8G>EI>DCD;.:8JG>I>:H-:<>HI:G:90C9:G.:8I>DCD;I=:.:8JG>I>:H M8=6C<:8I

 BEADNB:CIC8DGEDG6I:9 7NG:;:G:C8:ID M=>7>I IDI=:JGG:CI-:EDGIDC!DGB &;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC :8:B7:G !>A:)D 

 BEADNB:CIC8DGEDG6I:97N G:;:G:C8:ID M=>7>I IDI=:JGG:CI-:EDGIDC!DGB &;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC :8:B7:G !>A:)D 

 B:C9:96C9-:HI6I:9 BEADNB:CI8=6:A "DJ<=>C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDI=:JGG:CI-:EDGIDC!DGB &;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC JA:)D 

 B:C9:96C9-:HI6I:9 BEADNB:CIC8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDI=:JGG:CI-:EDGIDCI=:!DGB &;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC JA:)D 

 =6C<:>CDCIGDAB&>CIC:G>C8DGEDG6I:9 7NG:;:G:C8:ID M=>7>I IDI=:JGG:CI-:EDGIDC!DGB &;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC!:7GJ6GN !>A:)D 

 BEADNB:CI:G>:B >C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDI=:JGG:CI-:EDGIDC!DGB &;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC%JAN !>A:)D 

 "G:6I2:HI:GC6C8DGE $C8 *BC>7JH$C8:CI>K:DBE:CH6I>DC+A6C>C8DGEDG6I:97NG:;:G:C8:IDEE:C9>MIDI=: +GDMN.I6I:B:CIDC.8=:9JA:;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC%6CJ6GN !>A:)D 

 "G:6I2:HI:GC6C8DGE $C8 )DC BEADN:: >G:8IDG+A6C>C8DGEDG6I:97NG:;:G:C8:IDEE:C9>MIDI=:+GDMN .I6I:B:CIDC.8=:9JA:;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC%6CJ6GN !>A:)D 

"G:6I2:HI:GC6C8DGE $C8 M:8JI>K:$C8:CI>K:DBE:CH6I>DC+A6C>C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDI=:CCJ6A -:EDGIDC!DGB &;DGI=:;>H86AN:6G:C9:9.:EI:B7:G ;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC :8:B7:G !>A:)D

!DGBD;"G:6I2:HI:GC6C8DGE $C8 *BC>7JH$C8:CI>K:DBE:CH6I>DC+A6C+:G;DGB6C8:.=6G:0C>IL6G9C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDB:C9B:CI)D IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB. ;>A:97N"G:6I 2:HI:GC6C8DGE $C8 DC*8ID7:G !>A:)D

!DGBD;"G:6I2:HI:GC6C8DGE $C8 *BC>7JH$C8:CI>K:DBE:CH6I>DC+A6C-:HIG>8I:9.=6G:0C>IL6G9C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDB:C9B:CI)D IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB. ;>A:97N"G:6I 2:HI:GC6C8DGE $C8 DC*8ID7:G !>A:)D

!DGBD;"G:6I2:HI:GC6C8DGE $C8 )DC BEADN:: >G:8IDG+A6C+:G;DGB6C8:.=6G:0C>IL6G9C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDB:C9B:CI)D IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB. ;>A:97N"G:6I 2:HI:GC6C8DGE $C8 DC*8ID7:G !>A:)D

!DGBD;"G:6I2:HI:GC6C8DGE $C8 )DC BEADN:: >G:8IDG+A6C-:HIG>8I:9.=6G:0C>IL6G9C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDB:C9B:CI)D IDI=:-:<>HIG6I>DC.I6I:B:CIDC!DGB. ;>A:97N"G:6I 2:HI:GC6C8DGE $C8 DC*8ID7:G !>A:)D

$D<14A 4B2A8?C8>= G:9>IDC6AHHD8>6I>DC >C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDI=:CCJ6A-:EDGIDC!DGB &;DGI=:;>H86AN:6G:C9:9.:EI:B7:G ;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC :8:B7:G !>A:)D

 "G:6I2:HI:GC6C8DGE $C8 A6L768@+DA>8N>C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDJGG:CI-:EDGIDC!DGB &;>A:9 7N"G:6I2:HI:GC6C8DGE $C8 DCJA:)D 

"G:6I2:HI:GC6C8DGE $C8 DCHJAI6CII=G:9>I->H@9K>HDGH ''>C8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDJGG:CI-:EDGIDC!DGB &;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC.:EI:B7:G !>A:)D "G:6I2:HI:GC6C8DGE $C8 !>GHIB:C9B:CIIDDCHJAI6CII=G:9>I->H@9K>HDGH ''>C8DGEDG6I:97N G:;:G:C8:ID M=>7>I IDJGG:CI-:EDGIDC!DGB &;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC*8ID7:G !>A:)D "G:6I2:HI:GC6C8DGE $C8 */G6CH>I>DC6C9-:I>G:B:CIC8DGEDG6I:97NG:;:G:C8:ID M=>7>I IDJGG:CI -:EDGIDC!DGB &;>A:97N"G:6I2:HI:GC6C8DGE $C8 DC)DK:B7:G !>A:)D .I6I:B:CIG:<6G9>C<DBEJI6I>DCD;+:G.=6G: 6GC>CC8AJ9:96H)DI:IDI=:G:<>HIG6CIH6J9>I:98DCHDA>96I:9;>C6C8>6A HI6I:B:CIH .J7H>9>6G>:HD;"G:6I2:HI:GC6C8DGE $C8 DCH:CID; GCHI4DJC<''+ +DL:GHD;IIDGC:N>C8AJ9:9DCH>

 -JA:6 6:GI>;>86I>DCD;=>:; M:8JI>K:*;;>8:GD;"G:6I2:HI:GC6C8DGE $C8 >C688DG96C8:L>I=.:8I>DCD;I=: .6G76C:H *MA:N8ID;

 -JA:6 6:GI>;>86I>DCD;=>:;!>C6C8>6A*;;>8:GD;"G:6I2:HI:GC6C8DGE $C8 >C688DG96C8:L>I=.:8I>DCD;I=: .6G76C:H *MA:N8ID;

 .:8I>DC:GI>;>86I>DCD;=>:; M:8JI>K:*;;>8:GD;"G:6I2:HI:GC6C8DGE $C8 >C688DG96C8:L>I=.:8I>DCD;I=: .6G76C:H *MA:N8ID;

.:8I>DC:GI>;>86I>DCD;=>:;!>C6C8>6A*;;>8:GD;"G:6I2:HI:GC6C8DGE $C8 >C688DG96C8:L>I=.:8I>DCD;I=: .6G76C:H *MA:N8ID; $). 3-'$CHI6C8: D8JB:CI .# 3-'/6MDCDBN MI:CH>DC.8=:B6 D8JB:CI ' 3-'/6MDCDBN MI:CH>DC6A8JA6I>DC'>C@76H: D8JB:CI ! 3-'/6MDCDBN MI:CH>DC :;>C>I>DC'>C@76H: D8JB:CI ' 3-'/6MDCDBN MI:CH>DC'67:A'>C@76H: D8JB:CI +- 3-'/6MDCDBN MI:CH>DC+G:H:CI6I>DC'>C@76H: D8JB:CI /=:8DK:GE6<:;GDBI=:DBE6CNVHCCJ6A-:EDGIDC!DGB &;DGI=:;>H86AN:6G:C9:9.:EI:B7:G ;DGB6II:9>C $CA>C:3-'>C8AJ9:9>C M=>7>I

$C9>86I:HB6C6<:B:CI8DCIG68IDG8DBE:CH6IDGNEA6C !>A:9=:G:L>I= !JGC>H=:9 CDI;>A:9

 ) $*+() +JGHJ6CIIDI=:G:FJ>G:B:CIHD;.:8I>DCDG9D;I=:.:8JG>I>:H M8=6C<:8ID; I=:G:<>HIG6CI=6H9JAN 86JH:9I=>HG:EDGIID7:H>IH7:=6A;7NI=:JC9:GH>O:9

A40C-4BC4A=0=2>A? =2

6I:)DK:B7:G N H&:C&6G:AH )6B: !4=!0A4;B />IA: =6>GE:GHDCD;I=:D6G9 +G:H>9:CI6C9=>:; M:8JI>K:*;;>8:G

/=:JC9:GH>G:8IDGH6C9D;;>8:GH9D=:G:7N8DCHI>IJI:6C96EED>CI&:C&6G:AH6C9+:I:G=6EB6C6C9:>I=:GD; I=:B DJGIGJ:6C9A6L;JA6IIDGC:NH >C ;68I6C96<:CIH L>I=;JAAEDL:GD;HJ7HI>IJI>DC6C9G:HJ7HI>IJI>DC ID9D6CN6C96AA68IH6C9 I=>CCDJGC6B:6C97:=6A;>CDJG86E68>I>:H6H9>G:8IDGH6C9D;;>8:GH 6C9ID:M:8JI:6CN6C96AA>CHIGJB:CIH;DGJH6C9>CDJG C6B:H>CI=:86E68>I>:H>C9>86I:97:ADL I=6IHJ8=E:GHDCB6N9::BC:8:HH6GNDG69K>H67A:ID:C67A:I=:G:<>HIG6CIID8DBEANL>I= I=:.:8JG>I>:H M8=6C<:8ID;6C96CNGJA:H G:DCH6C9G:FJ>G:B:CIHD;I=:.:8JG>I>:H6C9 M8=6C<:DBB>HH>DC>C 8DCC:8I>DCL>I=I=>HCCJ6A-:EDGIDC!DGB &;DGI=:;>H86AN:6G:C9:9.:EI:B7:G >C8AJ9>C;>86AAN 7JICDI A>B>I:9ID EDL:G6C96JI=DG>INIDH>CI=:86E68>I>:H>C9>86I:97:ADL 6CN6C96AA6B:C9B:CIH=:G:ID6C9 L:9D=:G:7NG6I>;N6C98DC;>GB6AAI=6IHJ8=E:GHDCDGE:GHDCHH=6AA9DDG86JH:ID7:9DC:7NK>GIJ:=:G:D; +JGHJ6CIIDI=:G:FJ>G:B:CIHD;I=:.:8JG>I>:H M8=6C<:8ID; I=>HG:EDGI=6H7::CH>C< E:GHDCHDC7:=6A;D;I=:G:<>HIG6CI6C9>CI=:86E68>I>:H>C9>86I:9DCI=:I=96ND;)DK:B7:G

)86=0CDA4B *8C;4

H&:C&6G:AH !4=!0A4;B =6>GE:GHDCD;I=:D6G9 +G:H>9:CI =>:; M:8JI>K:*;;>8:G6C9 >G:8IDG#>5:/5<-8D1/A@5B1"225/1>

H%6B:HG6CC:C 0<4BA0==4= >G:8IDG

H!G6C8:H"G>:7 A0=24BA841 >G:8IDG

H/=DB6H#:CC>C< *7><0B4==8=6 ':69$C9:E:C9:CI >G:8IDG

H%6B:H$HG6:A 0<4B BA04; >G:8IDG

H.I:E=:C'68N )C4?74="02H >G:8IDG

H 6C>:A-N@=JH 0=84;(H:7DB >G:8IDG

H%6B:H.E>:H 0<4B)?84B >G:8IDG

H+:I:G=6EB6C &4C4A70?<0= =>:;!>C6C8>6A*;;>8:G6C9 M:8JI>K:1>8:+G:H>9:CI #>5:/5<-85:-:/5-8"225/1>-:0#>5:/5<-8//;A:@5:3"225/1>

 A Regional Leader with 175 Locations Across Nine States

Great Western Bancorp, Inc. is the bank holding company for Great Western Bank, a full-service regional bank focused on relationship-based business

and agribusiness banking. North Dakota

» $12.79 billion in total assets as of Minnesota September 30, 2019 Great Western Bank Footprint South Dakota Iowa » Headquartered in Sioux Falls, SD Nebraska » 6th largest U.S. farm lender1 » 70% of loans in business and 21% in ag segments » Big bank capabilities, small bank Colorado service Arizona Kansas Missouri 1 AS OF JUNE 30, 2019 SOURCE: AMERICAN BANKERS ASSOCIATION

Find more information on locations visit www.GreatWesternBank.com/Locations.

Stockholder Information Annual Stockholder Meeting Financial Calendar2 The Company’s Board of Directors has set the Great Western Bancorp, January 28, 2020 Inc. Annual Stockholder Meeting for Tuesday, February 4, 2020. The Q1 Earnings Release meeting will commence at 9:00 a.m. MT at The Phoenician Scottsdale, February 4, 2020 6000 E. Camelback Rd., Scottsdale, AZ. The record date for determination Annual Stockholder Meeting of stockholders entitled to notice of, and to vote at, the Annual Stockholder April 24, 2020 Meeting is December 9, 2019. Q2 Earnings Release July 22, 2020 Contacts Q3 Earnings Release Independent Registered Investor Relations: October 21, 2020 Seth Artz, 605.988.9253 Public Accountants: Q4 & Full-Year Earnings Release Ernst & Young LLP, 612.343.1000 [email protected] 2 220 S. 6th St., Ste. 1400, DATES ARE SUBJECT TO CHANGE. Media: Minneapolis, MN 55402 Cheryl Olson, 605.336.5681 Trading of [email protected] Common Stock Custodian: Computershare, 781.575.2000 Great Western Bancorp, Inc. is publicly 250 Royall St., Canton, MA 02021 traded on the NYSE under the symbol GWB. At September 30, 2019, GWB had approximately 56.3 million shares of common stock outstanding. MISSION Make Life Great by taking outstanding care of our customers and creating long-term relationships. VISION To become one of the leading regional banks in the United States through a commitment to organic growth and acquisitions aligned to strategy. VALUES Be authentic and respectful. Do the right thing. Drive performance and results. Put the customer first. Get the basics right. Empower locally, think globally.

Great Western Bancorp, Inc.

Great Western Bancorp, Inc. | 225 S. Main Avenue | Sioux Falls, SD 57104 | GreatWesternBank.com

GWB Blog