!"##$%&''&(()$##*((+&,"'$-&((.,&$((((((((((((((((((((((((((((((((((((((((((((((((((! ! ! .(/$'"01$#(+&,"'$-&(.,&$()&$*"2"#"'3((4'563! ! !!!!!!! ! ! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ((((7,6(89.):(;((.5-5*'(<=>7!!!!!!! !" " ""!"#$$%&'(('!)%$$*!+',#(%-'!%,'%!)'%*#.#$#(/!*(01/" " ! " " " !?@@.AB::B().@@4(( +B9?:.CB(.9B.( ( .(/$'"01$#(+&,"'$-&(.,&$(( )&$*"2"#"'3(4'563(( " " " " " " " " " " .5-5*'(<=>7( ! 7,6(89.):((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((( ( #" " ""!"#$$%&'(('!)%$$*!+',#(%-'!%,'%!)'%*#.#$#(/!*(01/" " "#$$%&'(('!)%$$*!+',#(%-'!.,'%!/0%$#(#01! ! 23.45!3)!5647/8349!:;<<=<>! .$#?'!@0,,#*A!B,'*#C'1(!!=!)23453!&6723!28!935:2;!<=>7! D0CE!/%,*01A!F#?'!B,'*#C'1(!!=!!<=>7!<2?;@=A23B!"5C>!$=;;! D#&!G%((#*A!9'?,'(%,E!!=!D35C=E5;>B!"=AA645>>5!)6AAC!+53=>6:5!)2?;E6>=2;! /H',E$!910IA!8,'%*J,',!!=!!!'F5@?>=G5!1=35@>23B!<A6@H646C!<2?;>7!%3>C!%AA=6;@5! KL011'!.CC#1-(01! #@5!%:5!)A22EC!#;C>=>?>5! 9%1CE!/%,(',! 9;5!"=AA645>>5!,=G53!<26A=>=2;! M#*%!/H,#*(0NH',! $&<I3=C>2JI53!6;E!%CC2@=6>5C! /%,$0((%!/0$$'(('! <2?;@=A23B!&5>32! 5%1#'$$'!/0I%1! 'F5@?>=G5!1=35@>23B!<A6@H646C!<2?;>7!(2?3=C4!K!<?A>?36A!%886=3C! 6%1!5J1$%N! "5C>!$=;;!D6J53!<24J6;7! /H',E$'!O'11'CE! <2;85E536>5E!(3=L5C!28!>I5!-36;E!,2;E5! @0,&!O#1-! )23453!&6723!28!"5C>!$=;;! /H%,$0(('!M'H%1! )23453!<I6=3B!<A6@H646C!<2?;>7!<244=CC=2;! 5%L#C!M'I#*! <2;85E536>5E!(3=L5C!28!>I5!-36;E!,2;E5! .11'(('!G%((*01! D23>A6;E!-5;536A!'A5@>3=@! M$0EC!BJ,CE! &6=;!*>355>!935:2;!<=>7! G%,(H%!9?H,%C',! <244=CC=2;53B!<A6@H646C!<2?;>7! B'--E!9#-$',! M6>=2;6A!(3?C>!823!+=C>23=@!D35C53G6>=2;! 8#&!80P('! "=AA645>>5!&6=;!*>355>! 7,#?!Q1C',I00C! '@2;24=@!15G5A2J45;>!1=35@>23B!935:2;!<=>7! 5%NH1'!"J'*(! <A6@H646C!<2?;>7!(2?3=C4!15G5A2J45;>!<2?;@=A! ! /H,#*!)#1R*A!'F5@?>=G5!1=35@>23! ! $" " ""!"#$$%&'(('!)%$$*!+',#(%-'!%,'%!)'%*#.#$#(/!*(01/" " 7S!3))6/63!5647/8349! ! /H,#**E!/J,,%1! *>6>5!+=C>23=@!D35C53G6>=2;!988=@5! 2'1!7?R*('#1! 988=@5!28!<2;:35CC46;!N?3>!*@I36E53! 8,%?E!)0,(&%11! M6>=2;6A!D63H!*53G=@5B!)23>!O6;@2?G53! T,'(?H'1!MJU'1V',-! M6>=2;6A!D63H!*53G=@5B!*56>>A5!,5:=2;6A!988=@5! G%,R!5%L#*01! 5'11#*!/0&P0,(! 935:2;!D63HC!K!,5@356>=2;!15J>! ! /01(,#VJ(#1-!",#(',*W! &P!<2E7! ! .2L!*>55A5! !!!!!!16G=E!$5Q=C! ! !!!!P=4!(24JH=;CB!DI1! !!!!*6;E7!<63>53! ! !!!!!&637!$2?!<2AG53! +5=E=!D=53C2;! ! !!!!*?R6;;6!N?2! $=C6!<I3=C>2JI53!!!!!!$A27E!D?3E7!!!!!!P2E7!<63C2;! .3=6;!*@2>>!!!!!!!!!!!!$6?35;!P27;53! ! ! )'%*#V#$#(E!9(JCE!4'L#'I!/0&&#((''! /G2;;5!%EE=;:>2;B!#@5!%:5!)A22EC!#;C>=>?>5! *6AA7!.=3EB!<2;85E536>5E!(3=L5C!28!"634!*J3=;:C! *6;E7!<63>53B!9;5!"=AA645>>5!,=G53!<26A=>=2;! ,2L53>!N5;>>6B!<2;85E536>5E!(3=L5C!28!*=A5>R! 16G=E!$5Q=CB!<2;85E536>5E!(3=L5C!28!>I5!-36;E!,2;E5! D5::7!*=:A53B!M6>=2;6A!(3?C>!823!+=C>23=@!D35C53G6>=2;! 'A453!"63EB!<2;85E536>5E!(3=L5C!28!"634!*J3=;:C! ! ! B,0X'?(!8'%&W! .3=6;!12?:A6C!*@2>>B!DIS1B!TUVVWVT!J32X5@>!46;6:53! $6?35;!P27;53B!(7A53!.35Q53B!1Q7;!%34C>32;:! ! ! !"#$%&'(()*#+,(-%&&#.( ( " " " " %" " ""!"#$$%&'(('!)%$$*!+',#(%-'!%,'%!)'%*#.#$#(/!*(01/" " ((!/!01234!(5166)78(( ( !"##$%&''&()$##*(+&,"'$-&($,&$( ǯ ( ( 3J,!B,0?'**!!! "5!6A356E7!H;5Q!Q5!I6E!6!?;=Y?5!6;E!CJ5@=6A!A6;EC@6J5!6;E!I=C>237!I535!6>!"=AA645>>5!)6AACS!!*2!QI5;!6!A63:5! :32?J!28!=;>535C>5E!@=>=R5;C!L5:6;!455>=;:!=;!TUUZ!>2!C>36>5:=R5!Q67C!>2!H=@HWC>63>!5@2;24=@!E5G5A2J45;>B! J35C53G6>=2;!28!E=4=;=CI=;:!I53=>6:5!A2@6>=2;CB!6;E!C?JJ23>!28!C>3?::A=;:!4?C5?4C!6;E!=;>53J35>=G5!C=>5CB!>I57! E=C@2G535E!6!I535>28235!?;I563E!28!@2;@5J>[!!6!;6>=2;6A!I53=>6:5!6356S!!0J2;!8?3>I53!C>?E7B!>I57!356A=R5E!>I57! I6E!6!;6>=2;6AA7!E=C>=;@>=G5!A6;EC@6J5!6;E!?;=Y?5!;6>=2;6A!C>237!>2!>5AAS!!(I57!L5:6;!35C563@I=;:!>I5!J2CC=L=A=>=5C! 28!M6>=2;6A!+53=>6:5!%356!\M+%]!E5C=:;6>=2;S!!! ! %8>53!82?3!7563C!28!C>?E7B!J?LA=@!2?>356@IB!35C563@I!K!=;G5;>237B!6;E!23:6;=R6>=2;WL?=AE=;:B!"=AA645>>5!)6AAC! +53=>6:5!%356!<26A=>=2;!\")+%<]!E5>534=;5E!>I6>!>I5!@2AA5@>=2;!28!I53=>6:5!86@=A=>=5C!6;E!C=>5CB!2JJ23>?;=>=5C!823! 5E?@6>=2;!6;E!=;>53J35>6>=2;B!J2C=>=G5!J?LA=@!6;E!J3=G6>5!C?JJ23>B!J2>5;>=6A!8=;6;@=6A!35C2?3@5CB!6;E!;6>=2;6AA7! C=:;=8=@6;>!>I545CB!6@>=G=>=5C!6;E!C>23=5C!5F=C>=;:!Q=>I=;!>I5!J32J2C5E!L2?;E637!!635!=E56AA7!C?=>5E!823!M+%! E5C=:;6>=2;S!!!(I5!G6C>!46X23=>7!28!5F=C>=;:!I53=>6:5!35C2?3@5C!635!@?335;>A7!?;@2;;5@>5EB!@2;>6=;5E!=;C=E5!6! C=;:A5!X?3=CE=@>=2;6A!L2?;E637B!28>5;!C>3?::A=;:!823!C?3G=G6AB!6;E!?;6LA5!>2!C?C>6=;!G=C=>23!5FJ5@>6>=2;C!23!A2;:! >534!463H5>=;:S!!(2:5>I53!>I57!>5AA!>I5!C>237!28!%453=@6;!'FJ6;C=2;B!*5>>A545;>!6>!>I5!';E!28!>I5!935:2;!(36=A! 6;E!>I5!.=3>I!28!#;E?C>37!=;!>I5!%453=@6;!"5C>S!!! ! ")+%<!=C!E5>534=;5E!>2!C?@@5CC8?AA7!46;6:5!6!+53=>6:5!%356!6;E!Q23H!>2!L3=;:!>I=C!;6>=2;6AA7!E=C>=;@>=G5!C>237! >2:5>I53B!>I32?:I!@22J536>=G5!G5;>?35CB!C>36>5:=@!82@?CB!6;E!J63>;53CI=JC!Q=>I!J?LA=@!6;E!J3=G6>5!5;>=>=5C!Q=>I=;! >I5!L2?;E63=5CS!!")+%<!I6C!45>!>I5!@3=>53=6!823!M+%!E5C=:;6>=2;B!6C!CI2Q;!Q=>I=;!>I=C!)56C=L=A=>7!*>?E7! E2@?45;>S! ! 3J,!20J1C%,#'*!!! (I5!J32J2C5E!"=AA645>>5!)6AAC!M+%!\6L2?>!T^!CY?635!4=A5C]!=;@A?E5C!>I5!35C2?3@5W3=@I!=;E?C>3=6A!6356C!6A2;:!>I5! "=AA645>>5!,=G53!8324!>I5!42?>I!28!>I5!(?6A6>=;!>2!>I5!42?>I!28!>I5!<A6@H646C!,=G53CB!>I5!I53=>6:5!C=>5C!6;E! @5;>53C!=;!"5C>!$=;;!6;E!935:2;!<=>7B!6;E!>I5!=32;!C45A>=;:!6;E!4=;=;:!C=>5C!=;!$6H5!9CQ5:2S!!#;!86@>B!>I5!$6H5! 9CQ5:2!6356!Q6C!6EE5E!G537!35@5;>A7B!QI5;!Q5!356A=R5E!>I6>!2?3!#;E?C>3=6A!+53=>6:5!>I545!Q6C!=;@24JA5>5! Q=>I2?>!>I5!=32;!C45A>=;:!I=C>237!6;E!C=>5CS!(I5!L2?;E63=5C!54L36@5!6AA!>I5!I53=>6:5!C=>5C!6;E!86@=A=>=5C!>I6>! 6?:45;>!6;E!E5C@3=L5!>I5!C>237!28!%453=@6;!"5C>53;!'FJ6;C=2;B!*5>>A545;>!6>!>I5!';E!28!>I5!935:2;!(36=A!6;E! .=3>IJA6@5!28!#;E?C>37S!! ! 3J,!9(0,E!!! %C!>?3L?A5;>!6C!>I5!@6C@6E=;:!Q6>53CB!>I5!I=C>237!C?332?;E=;:!"=AA645>>5!)ĂůůƐŝƐƚŚĞƐƚŽƌLJŽĨŵĞƌŝĐĂ͛Ɛϭϵ>I! @5;>?37!E5C>=;7[!!>2!L5@245!2;5!;6>=2;!8324!C56!>2!CI=;=;:!C56S!!.5@6?C5!28!"=AA645>>5!)6AACB!>I5!Q1#('C!9(%('*! 'UN%1C'C!I'*(I%,CA!*'(($'C!%(!(H'!71C!0P!(H'!3,'-01!8,%#$A!%1C!V#,(H'C!#110L%(#L'!#1CJ*(,#'*A!#1?$JC'C!(H'! P#,*(!$01-!C#*(%1?'!(,%1*&#**#01!0P!'$'?(,#?#(E!#1!(H'!1%(#01Y!!(I5!2JJ23>?;=>=5C!823!=;>53J35>=;:!>I5C5!>I545C!635! 46;7!6;E!823!@2;;5@>=;:!>I5!C>23=5C!6;E!C=>5C!>2!>5AA!6!@2I5C=G5!C>237!! ! &" " ""!"#$$%&'(('!)%$$*!+',#(%-'!%,'%!)'%*#.#$#(/!*(01/" " dŽƵŶĚĞƌƐƚĂŶĚ͚ǁŚLJŝƚŚĂƉƉĞŶĞĚŚĞƌĞ͕͛ŝƚŚĞůƉƐƚŽŬŶŽǁƚŚĂƚƚŚĞĂƌĞĂ!ǁĂƐƐĐƵůƉƚĞĚďLJƐŽŵĞŽĨĞĂƌƚŚ͛ƐŵŽƐƚ @6>6@A7C4=@!8A22ECB!63=C=;:!8324!>I5!3?J>?3=;:!28!6!A6H5!=;!&2;>6;6!>I5!C=R5!28!>I5!C>6>5!28!935:2;B!6L2?>!V_BUUUW VTBUUU!7563C!6:2S!(I5C5!Q6AAC!28!Q6>53B!@6AA5E!>I5!&=CC2?A6!)A22EC!23!#@5!%:5!)A22ECB!35CI6J5E!>I5!"=AA645>>5! O6AA57!6;E!E5J2C=>5E!=>C!A5:5;E637!853>=A5!C2=ACS!!(I5!8A22EC!A58>!I23C5CI25WCI6J5E!"=AA645>>5!)6AACB!>I5!L=:!@I=58! ͞ŚLJĂƐƚLJĞĞƚƵŵǁĂƚĂ͟!6;E!>I5!@5;>53J=5@5!28!2?3!I53=>6:5!6356S! ! 9?3!C>237!82@?C5C!632?;E!>I5!Q6>5386AAS!!dŚĞ&ĂůůƐ͛ĚŝƐƚŝŶĐƚŝǀĞŐĞŽůŽŐLJ͕ǁĂƚĞƌƉŽǁĞƌĂŶĚƵŶƵƐƵĂůĂďƵŶĚĂŶĐĞĨŝƌƐƚ ůƵƌĞĚŐĞŶĞƌĂƚŝŽŶƐŽĨƚƌŝďĞƐĂŶĚďĂŶĚƐǁŚŽƐƵƐƚĂŝŶĞĚEĂƚƵƌĞ͛ƐďĂůĂŶĐĞǁŚŝůĞŚĂƌǀĞƐƚŝŶŐƐĂůŵŽŶĂŶĚWĂĐŝĨŝĐ A64J357S!!(I5=3!6;@5C>23C!C>=AA!8=CI!6>!"=AA645>>5!)6AAC!>2E67S!!! ! "I5;!@24J5>=;:!;6>=2;C!E=C@2G535E!>I5!4=AE!@A=46>5B!Q6>53!J2Q53B!6;E!J324=C5!28!JA5;>7B!>I5!36@5!823!A6;E! @2;>32A!L5:6;S!.?>!L5@6?C5!28!>I5!Y?6;>=>7!28!C5>>A53C!6;E!@244?;=>7WL?=AE=;:!6@>=G=>=5C!632?;E!>I5!)6AACA!%!1'I! ŶĂƚŝŽŶ͛ƐďŽƵŶĚĂƌŝĞƐǁĞƌĞƐĞĐƵƌĞĚʹ!6;E!>I=C!G6C>!A6;E!L5@645!%453=@6;!WW!6;E!;2>!)35;@IB!,?CC=6;B!*J6;=CI!23! .3=>=CIS! ! /ƚǁĂƐDĂŶŝĨĞƐƚĞƐƚŝŶLJ͘/ƚǁĂƐƚŚĞŝŵƉĞƌŝĂůŝƐƚŝĐǀŝĞǁŚĞůĚďLJƐŽŵĞŝŶƚŚĞĞĂƌůLJϭϴϬϬ͛ƐƚŚĂƚŝƚǁĂƐŵĞƌŝĐĂ͛Ɛ'ŽĚW :=G5;!3=:I>!>2!5FJ6;E!@A563!6@32CC!>I5!M23>I!%453=@6;!@2;>=;5;>S!!9;@5!>I5!46CC!4=:36>=2;!Q6C!=;!8?AA!823@5!6;E! 8355!A6;E!Q6C!288535EB!>I5!J1N,'?'C'1('C!,'$0?%(#01!@I6;:5E!>I5!86@5!28!>I5!0;=>5E!*>6>5C!8235G53S!!"#$$%&'(('! )%$$*!I%*!(H'!,'I%,C!%(!(H'!71C!0P!(H'!3,'-01!8,%#$S! ! (36:=@6AA7B!>I5!CI=JCB!@2G535E!Q6:2;CB!4=CC=2;63=5C!6;E!8?3W>36JJ53C!8324!46;7!@2?;>3=5C!L32?:I>!E=C56C5C! ǁŚŝĐŚǁĞĂŬĞŶĞĚĂŶĚĚŝŵŝŶŝƐŚĞĚƚŚĞ/ŶĚŝĂŶƚƌŝďĞƐǁŚŽĐĂůůĞĚƚŚĞtŝůůĂŵĞƚƚĞsĂůůĞLJ͚ŚŽŵĞ͛͘! ! ƵƚƚŚĞŵĞƐƐĂŐĞĨƌŽŵƚŚĞtŝůůĂŵĞƚƚĞ&ĂůůƐĂƌĞĂǁĂƐ͚ĂďƵŶĚĂŶĐĞ͗ŽƌŝŐŝŶĂůůLJĨŝŶĞďĞĂǀĞƌƉĞůƚƐ͕ƚŚĞŶůƵŵďĞƌĨƌ24! :=6;>!8=3C!6;E!@5E63CB!Q6>53!J2Q53B!8=CIB!:645!6;E!6@35C!28!636LA5!A6;ES!!#>!Q6C!C6=E!>I6>!72?!@2?AE!Q6AH!6@32CC!6! ƐƚƌĞĂŵŽŶƚŚĞďĂĐŬƐŽĨƐĂůŵŽŶ͘dŚĞƉůĂĐĞŚĞůĚĂŵLJƐƚŝƋƵĞ͘/ƚǁĂƐƐĂŝĚƚŽďĞ͚ƚŚĞŐĂƚĞǁĂLJƚŽƚŚĞ'ĂƌĚĞŶŽĨ ĚĞŶ͛͘dŚŽƐĞǁŚŽĨĞůƚĚƌĂǁŶƚŽĂŶĞǁůŝĨĞĂƚƚŚĞĞŶĚŽĨƚŚĞKƌĞŐŽŶdƌĂŝůĐĂůůĞĚŝƚ͚KƌĞŐŽŶ&ĞǀĞƌ͛͘dŚŽƐĞ >I2?C6;EC!28!C5>>A53C!>I6>!@645!>2!>I5!"=AA645>>5!)6AAC!6>!';E!28!>I5!935:2;!(36=A!6;@I235E!>I5!82?;E6>=2;C!28! 0S*S!:2G53;45;>B!=;E?C>3=6A=R6>=2;B!@24453@5B!6;E!=;;2G6>=2;!?;3=G6AA5E!ŝŶŵĞƌŝĐĂ͛ƐWĂĐŝĨŝĐŶŽƌƚŚǁĞƐƚ͘! ! !͞dŚĞŽƉƉŽƌƚƵŶŝƚŝĞƐŚĞƌĞĨŽƌǁĂƚĞƌƉŽǁĞƌĂƌĞĞƋƵĂůƚŽĂŶLJƚŚĂƚĐĂŶďĞŶĂŵĞĚ͘dŚĞƌĞĐĂŶŶŽƚďĞĂďĞƚƚĞƌƐŝƚƵĂƚŝŽŶ "#$!%!"%&'#$(!)*++%,-!'.%/!#/!'.-!-%0'!0*1-!#"!'.-!$*)-$2!%!1$(2!3*1-405$-%1!+-)-+!-6'-/10!0#7-!1*0'%/&-2!%/1!'.-! 0.#$-0!"#$7!/%'8$%+!3.%$)-0!"ŽƌƐŚŝƉƉŝŶŐ͙/ĐŽƵůĚŚĂƌĚůLJƉĞƌƐƵĂĚĞŵLJƐĞůĨƚŚĂƚƚŚŝƐƌŝǀĞƌŚĂĚĨŽƌŵĂŶLJƚŚŽƵƐĂŶĚƐ (-%$02!5#8$-1!*'0!3%'-$0!&#/0'%/'+(!1#3/!'.-0-!"%++0!3*'.#8'!.%)*/,!"%&*+*'%'-1!'.-!+%9#$!#"!7%/:;!<=%$>-$2!?@ABC! ! .5@6?C5!28!=>C!G6C>!J2Q53!J2>5;>=6AB!>I5!"#$$%&'(('!)%$$*!%,'%!I%*!%(!(H'!P0,'P,01(!0P!(H'!61CJ*(,#%$!4'L0$J(#01A! I#(H!(H'!P#,*(!$01-!C#*(%1?'!'$'?(,#?%$!(,%1*&#**#01!#1!(H'!1%(#01!ʹ!L58235!M=6:636!)6AACS!(I=C!Q6C!>I5!L=3>IJA6@5! 28!6!>5@I;2A2:7!>I6>!@I6;:5E!5G537>I=;:B!35G2A?>=2;=R5E!I2Q!J52JA5!A=G5ES!!! ! %>!VU!J4!2;!P?;5!`B!V__aB!6!CQ=>@I!Q6C!>I32Q;!=;!>I5!;5QA7!L?=A>!J2Q53I2?C5!6>!"=AA645>>5!)6AAC!6;E!2;5!28! 82?3!`TSZ!H=A2Q6>>!bM2S!_!.3?CI!63@!A=:I>!E7;642Cb!J?4J5E!5;2?:I!5A5@>3=@=>7!2G53!Vc!4=A5C!28!Q=35!>2!A=:I>!ZZ! @63L2;!63@!C>355>!A64JC!=;!E2Q;>2Q;!D23>A6;EͶ>I5!8=3C>!A2;:!E=C>6;@5!>36;C4=CC=2;!28!5A5@>3=@=>7!=;!>I5!M23>I! %453=@6S!!!! ! '" " ""!"#$$%&'(('!)%$$*!+',#(%-'!%,'%!)'%*#.#$#(/!*(01/"