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ďŽƵƚƚŚŝƐƌĞůĞĂƐĞ ^ŝŶĐĞƉƌŝůϮϬϬϲŝŶĚŝǀŝĚƵĂůƐŚĂǀĞďĞĞŶĂďůĞƚŽƚƌĂŶƐĨĞƌƚŚĞŝƌƉĞŶƐŝŽŶƐĂǀŝŶŐƐŝŶĂƌĞŐŝƐƚĞƌĞĚƉĞŶƐŝŽŶƐĐŚĞŵĞƚŽĂƋƵĂůŝĨLJŝŶŐƌĞĐŽŐŶŝƐĞĚŽǀĞƌƐĞĂƐƉĞŶƐŝŽŶƐĐŚĞŵĞ;YZKW^ͿdŚŝƐŝƐŝŶƚĞŶĚĞĚƚŽĂůůŽǁƉĞŽƉůĞǁŚŽǁŝƐŚƚŽĞŵŝŐƌĂƚĞƚŽƚĂŬĞƚŚĞŝƌƉĞŶƐŝŽŶǁŝƚŚƚŚĞŵƚŽƚŚĞŝƌŶĞǁĐŽƵŶƚƌLJŽĨƌĞƐŝĚĞŶĐĞ dŚŝƐƉƵďůŝĐĂƟŽŶƌĞůĞĂƐĞƐĮŐƵƌĞƐĨŽƌƚŚĞŶƵŵďĞƌĂŶĚǀĂůƵĞŽĨƚƌĂŶƐĨĞƌƐŵĂĚĞƚŽYZKW^ĂŶĚƚŚĞƚŽƚĂůĂŵŽƵŶƚŽĨƚŚŽƐĞƚƌĂŶƐĨĞƌƐĞĂĐŚLJĞĂƌƐŝŶĐĞϮϬϬϲƚŽϮϬϬϳĂƐƌĞƉŽƌƚĞĚƚŽ,DZ ZĞůĞĂƐĞĂƚĞ ϯϭ:ƵůLJϮϬϮϬ EĞdžƚZĞůĞĂƐĞ :ƵůLJϮϬϮϭ &ƌĞƋƵĞŶĐLJ ŶŶƵĂů
dŚĞŶƵŵďĞƌŽĨƚƌĂŶƐĨĞƌƐŝŶƚŽYƵĂůŝĮĞĚZĞĐŽŐŶŝƐĞĚKǀĞƌƐĞĂƐWĞŶƐŝŽŶ^ĐŚĞŵĞƐ;YZKW^ͿŚĂƐĨĂůůĞŶƚŽϰϰϬϬƚŚŝƐLJĞĂƌĚŽǁŶĨƌŽŵϱϬϬϬŝŶϮϬϭϴƚŽϮϬϭϵdŚĞƌĞŚĂƐďĞĞŶĂƐƵƐƚĂŝŶĞĚĚŽǁŶǁĂƌĚƚƌĞŶĚƐŝŶĐĞƚŚĞƉĞĂŬŝŶϮϬϭϰƚŽϮϬϭϱĂŶĚĂƉĂƌƟĐƵůĂƌůLJƐŚĂƌƉĨĂůůŝŶϮϬϭϳƚŽϮϬϭϴŚĂŶŐĞƐǁĞƌĞŵĂĚĞƚŽƚŚĞƌĞƋƵŝƌĞŵĞŶƚƐĨŽƌYZKW^ŝŶϮϬϭϳƚŽϮϬϭϴ&ƌŽŵDĂƌĐŚϮϬϭϳŵĂŶLJYZKW^ƚƌĂŶƐĨĞƌƐďĞĐĂŵĞƐƵďũĞĐƚƚŽĂϮϱйĐŚĂƌŐĞ
dŚĞƚŽƚĂůǀĂůƵĞŽĨƚƌĂŶƐĨĞƌƐƚŚŝƐLJĞĂƌǁĂƐάϱϱϬŵdŚŝƐŝƐƚŚĞĮŌŚĐŽŶƐĞĐƵƟǀĞĂŶŶƵĂůĚĞĐůŝŶĞŝŶƚŚĞǀĂůƵĞŽĨƚƌĂŶƐĨĞƌƐŶŽƚĂďůLJůŽǁĞƌƚŚĂŶƚŚĞάϭϳϲϬŵƉĞĂŬǀĂůƵĞŽĨƚƌĂŶƐĨĞƌƐŝŶϮϬϭϰƚŽϮϬϭϱ/ƚŝƐůŝŬĞůLJƚŚĞĨĂůůŝŶƚŚĞŶƵŵďĞƌĂŶĚǀĂůƵĞŽĨƚƌĂŶƐĨĞƌƐŝƐĂƌĞƐƵůƚŽĨĐŚĂŶŐĞƐŝŶƌĞƋƵŝƌĞŵĞŶƚƐĂŶĚƚŚĞŝŶƚƌŽĚƵĐƟŽŶŽĨƚŚĞŽǀĞƌƐĞĂƐƚƌĂŶƐĨĞƌƐĐŚĂƌŐĞ
/ŶϮϬϭϵƚŽϮϬϮϬƚŚĞĂǀĞƌĂŐĞǀĂůƵĞŽĨƚƌĂŶƐĨĞƌƐĚĞĐƌĞĂƐĞĚĨŽƌƚŚĞƐĞĐŽŶĚƟŵĞƐŝŶĐĞϮϬϭϭƚŽϮϬϭϮĞƚǁĞĞŶϮϬϭϰƚŽϮϬϭϱĂŶĚϮϬϭϳƚŽϮϬϭϴƚŚĞŶƵŵďĞƌŽĨƚƌĂŶƐĨĞƌƐĚĞĐůŝŶĞĚŵŽƌĞƐŚĂƌƉůLJƚŚĂŶƚŚĞǀĂůƵĞŽĨǁŝƚŚĚƌĂǁĂůƐƌĞƐƵůƟŶŐŝŶŝŶĐƌĞĂƐŝŶŐĂǀĞƌĂŐĞǀĂůƵĞƐŽǀĞƌƟŵĞ/ŶϮϬϭϵƚŽϮϬϮϬƚŚĞƌĞǁĂƐĂĨĂůůŝŶƚŚĞŶƵŵďĞƌĂŶĚǀĂůƵĞŽĨƚƌĂŶƐĨĞƌƐƌĞƐƵůƟŶŐŝŶĂĚĞĐƌĞĂƐĞŝŶĂǀĞƌĂŐĞƚƌĂŶƐĨĞƌǀĂůƵĞ
4XDOLILHG5HFRJQLVHG2YHUVHDV3HQVLRQ6FKHPHV45236 -XO\2IILFLDO6WDWLVWLFV
45236%DFNJURXQG YZKW^ĂůůŽǁŵĞŵďĞƌƐƚŽƚƌĂŶƐĨĞƌƚŚĞŝƌƉĞŶƐŝŽŶƐĂǀŝŶŐƐĨƌŽŵĂƌĞŐŝƐƚĞƌĞĚƉĞŶƐŝŽŶƐĐŚĞŵĞƚŽĂƋƵĂůŝĨLJŝŶŐƌĞĐŽŐŶŝƐĞĚŽǀĞƌƐĞĂƐƉĞŶƐŝŽŶƐĐŚĞŵĞ;YZKW^ͿdŽďĞĂYZKW^ĂƉĞŶƐŝŽŶƐĐŚĞŵĞŵƵƐƚďĞďĂƐĞĚŽƵƚƐŝĚĞƚŚĞh<ĂŶĚŵĞĞƚĐĞƌƚĂŝŶƌĞƋƵŝƌĞŵĞŶƚƐ
dŚŝƐƉƵďůŝĐĂƟŽŶƌĞůĞĂƐĞƐĮŐƵƌĞƐĨŽƌƚŚĞŶƵŵďĞƌĂŶĚǀĂůƵĞŽĨYZKW^ǁŝƚŚĚƌĂǁĂůƐĨŽƌϮϬϭϵƚŽϮϬϮϬ
dŚĞƌĞƋƵŝƌĞŵĞŶƚƐƚŚĂƚĂƐĐŚĞŵĞŚĂƐƚŽŵĞĞƚƚŽďĞĂYZKW^ĐŚĂŶŐĞĚŝŶƉƌŝůϮϬϭϮƉƌŝůϮϬϭϱĂŶĚƉƌŝůϮϬϭϳĚĚŝƟŽŶĂůůLJĐŚĂŶŐĞƐǁĞƌĞŵĂĚĞŝŶϮϬϭϯƚŽŚŽǁĂŶĚǁŚĞƌĞYZKW^ŚĂĚƚŽƌĞƉŽƌƚŝŶĨŽƌŵĂƟŽŶƚŽ,DZ
&ƌŽŵDĂƌĐŚϮϬϭϳYZKW^ďĞĐĂŵĞƐƵďũĞĐƚƚŽĂϮϱйKǀĞƌƐĞĂƐdƌĂŶƐĨĞƌƐŚĂƌŐĞ;KdͿdŚĞĐŚĂƌŐĞĂƉƉůŝĞƐƚŽĂůůYZKW^ǁŝƚŚƐŽŵĞĞdžĞŵƉƟŽŶƐƐƵĐŚĂƐŝĨƚŚĞYZKW^ŝƐƌĞƐŝĚĞŶƚŝŶƚŚĞƐĂŵĞĐŽƵŶƚƌLJĂƐƚŚĞŝŶĚŝǀŝĚƵĂů&ƵƌƚŚĞƌĚĞƚĂŝůƐŽŶůŝĂďŝůŝƚLJĂŶĚĞdžĞŵƉƟŽŶƐƚŽƚŚĞKdĐĂŶďĞĨŽƵŶĚŚĞƌĞKd'ƵŝĚĂŶĐĞ
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,DZĞǀĞŶƵĞĂŶĚƵƐƚŽŵƐ ϭϬϬWĂƌůŝĂŵĞŶƚ^ƚƌĞĞƚ >ŽŶĚŽŶ ^tϭϮY DĞĚŝĂĐŽŶƚĂĐƚ ,DZWƌĞƐƐKĸĐĞ ϬϯϬϬϬϱϴϱϬϮϬ &ĞĞĚďĂĐŬ tĞĂƌĞĐŚĂŶŐŝŶŐŚŽǁŽƵƌƌĞůĞĂƐĞƐůŽŽŬĂŶĚǁĞůĐŽŵĞĨĞĞĚďĂĐŬŽŶĂŶLJĂƐƉĞĐƚŽĨƚŚŝƐƌĞůĞĂƐĞĂƚ ďůĞƐƐŝŶŐďĂĚĂƌƵΛŚŵƌĐŐŽǀƵŬ
ƵůůĞƟŶŝƐƌŽǁŶĐŽƉLJƌŝŐŚƚ/ŶĨŽƌŵĂƟŽŶŵĂLJďĞƵƐĞĚƉƌŽǀŝĚĞĚƚŚĂƚƚŚĞƐŽƵƌĐĞŝƐĂĐŬŶŽǁůĞĚŐĞĚ
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ϮϬϭϯƚŽϮϬϭϰ ϭϭϯϬϬ άϴϲϬŵ
ϮϬϭϰƚŽϮϬϭϱ ϮϬϭϬϬ άϭϳϲϬŵ
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