Mémoire - Version finale - 12 oct claire..5 · if* !!! * * ! * * * * * ! * * ! >/5( !

!

!

!

!

!

!"#$%&'#()*+,-#'%*.-'/-,%*0!+.1*2*3,%&45"(67%&&-"8*!79*:%((&%';*:-"<=%'*%(*>/#%"/%'*?=4-#"%'*""'(#(=(*8@#=$%&<"%*8=*$)$%,5AA%4%"(*8%'*%%&&#(5#&%'*B-'(%&*C*$&"-4#D=%*'%&&#(5&#-,%*%(*(4)"-<%4%"(*)=&-,**B-'(%&*C*%%&&#(5#&%';*#/(%=&';**58),#'-(#5"**

+,-!."/#+012!34!5,67,)!893)!853-!:;7<857=('794!59=(5,!,4!

>(6,3)!:;34!:?6,5988,<,4'!',))7'9)7(5!:3)(@5,!A!

!

195,4!*()'74B$?)&!

!

>5='*,-*8#&%/(#5"*8%*+(3),4'!C7,3'9)'*%(*8%*1&567,!+():94!

.&)'%"()*%(*'5=(%"=*A=E,#D=%4%"(*,%*FG*5/(5E&%*CHFI*

!""#$%&"'($)*'+,')$%-./01-./2%

!

!

! C*

!

!"#"$%&"#"'()*!

>#*,-*&)8-/(#5"*8%*/%*4)45#&%*%'(*A%&'5""%,,%;*/@%'(*<&J/%*K*="%*/5"(&#E=(#5"*/5,,%/(#$%*D=@%,,%*-*A=*

L(&%*&)-,#')%M*

N%*(#%"'*K*&%4%&/#%&*%"*A&%4#%&* ,#%=*4%'*%"/-8&-"(%'*8%*'(-<%;*3-&5,#"%;*B-&#%6O""%*%(*3,-#&%*A=#'*

P)&5"#D=%;*8@-E5&8*A5=&*4@-$5#&* Q-#(* /5"Q#-"/%*A5=&* ,-* &)-,#'-(#5"*8%*/%((%*)(=8%M*B-#'*-=''#*A5=&*

,%=&'* A&)/#%=R* /5"'%#,';* ,%=&* '5=(#%";* %(* ,%=&'* D=-,#()'* S=4-#"%';* 4%* A%&4%((-"(* 8%* Q#"#&* 45"*

A-&/5=&'* ="#$%&'#(-#&%* '=&* ="%* %RA)&#%"/%* &#/S%*T* !"%* A%"')%* A5=&* (5=(%'* ,%'* A%&'5""%';*B-<-,#%;*

B-&/;*U$%,V"%;*O""%6>5AS#%;*3)/#,%;*3-(SV;*>%&<%;*B-(S#,8%;*/%=R*8%*A-''-<%;*-$%/*D=#*W@-#*A-&(-<)*,%'*

,5/-=R;*%(*8%'*&%A-'*/5"$#$#-=R*A%"8-"(*G*45#'M**

B%'* &%4%&/#%4%"('* K* 4%'* 4-X(&%'* 8%* 4)45#&%;* >V,$#%* :-&85"* %(* :-=&%"(* 9#%=(5&(;* A5=&* ,%=&*

8#'A5"#E#,#();* ,%* A-&(-<%* 8%* ,%=&* /5""-#''-"/%* %(* 8%* ,%=&* %RA)&#%"/%;* 4-#'* -=''#* A5=&* 4@-$5#&* Q-#(*

8)/5=$&#&*(5=(*-=*,5"<*8%*,@-"")%*,%*45"8%*8%'*8V"-4#D=%'*(%&&#(5&#-,%'*%(*8%*,@-4)"-<%4%"(*&=&-,M*

!"*'5=$%"#&*A-&(#/=,#%&*A5=&*/%'*'%4-#"%'*8@S#$%&*'=&*,%*(%&&-#"*%"(&%*>-#"(67,5=&*%(*+&#5=8%*

!"*4%&/#*K*(5='*,%'*)A-&<"-"('*'5,#8-#&%'*D=#*5"(*A-&(#/#A)*-=*D=%'(#5""-#&%;*%(*A-&(#/=,#Y&%4%"(*-=R*

FZ*A%&'5""%'*D=#*5"(*-//%A()*8%*4%*&%/%$5#&*%"*%"(&%(#%";*A5=&*,%=&*(%4A'*%(*,%=&*<%"(#,,%''%*

B%'*&%4%&/#%4%"('*K*4-*<&-"8%*Q-4#,,%*/54A5')%;*8)/54A5')%;*&%/54A5')%;*D=#*%'(*%''%"(#%,,%*K*

45"*A-&/5=&';*A5=&*,%=&'*E5""%'*)"%&<#%'*

!"*<&-"8*4%&/#*K*P-,#;*9-AS-;*O""%;*B-&#%;*B=&#%,;*4-*E-"8%*[\]Ô9*%(*-=(&%'*-4#(#)'*A&)/#%='%'*

%"*(%4A'*8%*&)8-/(#5"*8%*4)45#&%*

+#%"*%"(%"8=;*W%*&%4%&/#%*^S)5;*A5=&*'5"*'5=(#%"*8%*(5='*,%'*#"'(-"('*

_(* %"Q#";* ="* &%4%&/#%4%"(* A-&(#/=,#%&* K* 45"* 4%#,,%=&* -//54A-<"-(%=&* 8%* 4)45#&%;* 85"(* 4L4%*

,@-(,-"(#D=%*"@%",Y$%*A-'* ,@%QQ#/-/#();*A5=&* ,%'*8#'/=''#5"';* &%,%/(=&%';* /5"'%#,';* '`VA%'*%(* W@%"*A-''%;*

^S#%&&V*T*

*

*

*

! a*

!"#$%"*!

!

* :%'*/&#'%'*'5/#-,%';*%"$#&5""%4%"(-,%'*%(*)/5"54#D=%'*5"(*8%'*#4A-/('*8#&%/('*-=''#*E#%"*'=&*

,%'* /#(5V%"'* D=%* '=&* ,%'* (%&&#(5#&%'M* [-"'* /%* /5"(%R(%;* 8%'* #"#(#-(#$%'* /#(5V%""%'* /5"'(&=#'%"(* A=#'*

%RA)&#4%"(%"(*8@-=(&%'*4-"#Y&%'*8%*Q-#&%*A5=&*&)A5"8&%*K*,%=&'*E%'5#"'*%(*K*/%=R*8%*,%=&*(%&&#(5#&%;*

,%* A,='* '5=$%"(* 8%* 4-"#Y&%* /5,,%/(#$%* %(* %"* &%A&%"-"(* K* ,%=&* /54A(%* ,%'* $-,%=&'* D=#* <=#8%"(* ,%*

8)$%,5AA%4%"(*8=&-E,%M*3%*'5"(*/%'*#"#(#-(#$%'*D=#*'5"(*<)")&-,%4%"(*&%<&5=A)%'*'5='*,%*$5/-E,%*8%*

,@)/5"54#%*'5/#-,%*%(*'5,#8-#&%M*:%*Q5&(*-"/&-<%*(%&&#(5&#-,*8%'*%"(&%A&#'%'*#''=%'*8%*/%*45=$%4%"(*%(*

,%=&*<5=$%&"-"/%*8)45/&-(#D=%*'5"(*A5&(%=&'*8%*8V"-4#'4%*'5/#-,;*/=,(=&%,*%(*)/5"54#D=%*'=&* ,%'*

(%&&#(5#&%'M* 9%W5#<"-"(* ,%* /5"/%A(* 8%* 8)$%,5AA%4%"(* (%&&#(5&#-,* 8=&-E,%;* ,@)/5"54#%* '5/#-,%* %(*

'5,#8-#&%* '='/#(%* ,@#"()&L(* <&-"8#''-"(* 8%* 8#QQ)&%"('* -/(%=&'* 6* -''5/#-(#5"';* (%&&#(5#&%'* 8%* A&5W%(';*

/5,,%/(#$#()'* (%&&#(5&#-,%'M* OQ#"* 8%* 4#%=R* /54A&%"8&%* ,@)4%&<%"/%* 8%* /%'* #"#(#-(#$%'* %(* ,%'* %QQ%('*

D=@%,,%'*A&58=#'%"(*'=&*,%'*#"8#$#8='*%(*'=&*,%'*(%&&#(5#&%';*"5='*-$5"'*/S5#'#*8@-"-,V'%&*="%*%RA)&#%"/%*

8%* Q#"-"/%* '5,#8-#&%* 5&#<#"-,%;* %(* A,='* A-&(#/=,#Y&%4%"(* '=&* ,%* (%&&#(5#&%* 8%* ,@O=$%&<"%*b* ,%'* 3,=E'*

8@c"$%'(#''%=&'*A5=&*="%*d%'(#5"*O,(%&"-(#$%*%(*:5/-,%*8%*,@UA-&<"%*>5,#8-#&%*0,%'*3cdO:_>1*

[%A=#'*FH*-"';* ,%'*8V"-4#D=%'*8%* Q#"-"/%*'5,#8-#&%;*/#(5V%""%*%(*A-&(#/#A-(#$%!'%*8)45/&-(#'%"(;* '%*

4=,(#A,#%"(*%(*'%*8#$%&'#Q#%"(*%"*O=$%&<"%*%"*A-&(-"(*8%'*%RA)&#%"/%'*A,='*-"/#%""%'*5=*&%"5=$%,)%'*

8%'*3,=E'*3#<-,%'*K*,-*/5"'(#(=(#5"*8%*/-<"5((%';*%"*A-''-"(*A-&*,%'*8V"-4#D=%'*8%'*OBO.*5=*%"/5&%*

8%* ^%&&%* 8%* :#%"'M* 3%'* %RA)&#%"/%'* A-&(#/#A%"(* -=* '5=(#%"* Q#"-"/#%&* %(* 45&-,* 8@%"(&%A&#'%'* 5=*

8@-''5/#-(#5"'* ,5/-,%';* %"* /&)-(#5"* 5=* %"* 8)$%,5AA%4%"(;* '5=$%"(* ),5#<")%'* 8%'* /#&/=#('* E-"/-#&%'*

/,-''#D=%'M*.5=&*"5=';*,%'*3cdO:_>*&%A&)'%"(%"(*="*(%&&-#"*8@)(=8%*A&#$#,)<#)*-Q#"*4#%=R*/54A&%"8&%*

2* D=#* '5"(* ,%'* /#(5V%"'* D=#* 8)/#8%"(* 8%* '@#4A,#D=%&* 8-"'* ="%* 8)4-&/S%* 8@)A-&<"%* '5,#8-#&%* %"*

O=$%&<"%*%(*D=%,,%'* '5"(* ,%'* &-#'5"'*8%* ,@#4A,#/-(#5"*8%*/%'*A%&'5""%'*8-"'*/%* (VA%*8%*'(&=/(=&%*2*

D=%,'* '5"(* ,%'* %QQ%('* 8%* /%((%* #4A,#/-(#5"* '=&* ,%'* #"8#$#8='* 4-#'* -=''#* D=%,'* '5"(* ,%'* #4A-/('*

(%&&#(5&#-=R*8%'*3cdO:_>M*O=* (&-$%&'*8%*"5(&%*-"-,V'%*%(*8%*"5'* /5"'(-(';*"5='*"5='*-((-/S%&5"'*K*

8)45"(&%&*8-"'*D=%,,%*4%'=&%* ,-* Q#"-"/%*'5,#8-#&%*A%=(*L(&%*="*5=(#,*-=*'%&$#/%*8=*8)$%,5AA%4%"(*

(%&&#(5&#-,*8=&-E,%M*

! I*

!"##$%&'*!

"#$#"%&#$#'()!*******************************************************************************************************************************************!+!"#),$#!*************************************************************************************************************************************************************!-!).$$/&"#!********************************************************************************************************************************************************!0!&'(".1,%(&.'!2#'#"/3#!************************************************************************************************************************!4!5/"(&#!6!7!#))/&!(8#."&9,#!******************************************************************************************************************!6:!&*!#))!#(!5.3&(&9,#)!1#!1#;#3.55#$#'(!1#)!(#""&(.&"#)<!;#")!,'#!%.';#"2#'%#!1#)!$.,;#$#'()!=!***********************************************************************************************************************************!66!"#!$%!&'"(%)"*%(%)+!$,!+%--.+/.-%!",!$%0%&/11%(%)+!$,-"2&%!############################################################!34!2#!&'%5/)/(.%!6/5."&%!%+!6/&.$".-%7!,)!"5+%,-!$,!$%0%&/11%(%)+!+%--.+/-."&!8!##############################!39!

&&*!3#)!%&2/3#)<!,'!.,(&3!1#!>&'/'%#!(#""&(."&/3&)##!=!********************************************************!+-!"#!&"!:.)")5%!6/&.$".-%!%+!&%!+%--.+/.-%!############################################################################################################!4;!2#!&"!:.)")5%!6/&.$".-%7!5.+/<%))%!%+!1"-+.5.1"+.0%7!&'%=%(1&%!$%6!5.*"&%6!#####################################!;;!

&&&*!,'#!/55".%8#!)?)(#$&9,#!1,!(#""&(.&"#<!5.,"!#(,1&#"!,'#!&'&(&/(&;#!%.33#%(&;#!@!3#)!%&2/3#)!***********************************************************************************************************************!0A!"#!&"!$.(%)6./)!("+%-.%&&%!#####################################################################################################################################!>?!2#!&"!$.(%)6./)!.$%%&&%!#############################################################################################################################################!>?!5#!&"!$.(%)6./)!/-*").6"+./))%&&%!#####################################################################################################################!>9!

5/"(&#!+!B!&(&'#"/&"#!$#(8.1.3.2&9,#!*************************************************************************************!4+!&*!5".C3#$/(&9,#!#(!8?5.(8#)#)!***************************************************************************************************!4-!&&*!(#""&(.&"#!1D#(,1#!***************************************************************************************************************************!4A!"#!&"!-%*./)!",0%-*)%7!1-.)5.1"&%6!5"-"5+%-.6+.@,%6!#################################################################################!AB!2#!&%!1"-5!)"+,-%&!-%*./)"&!$%6!0/&5")6!$'",0%-*)%!###############################################################################!B;!

&&&*!$#(8.1.3.2&#!************************************************************************************************************************************!E6!"#!C+,$%!@,")+.+"+.0%!D!+<1/&/*.%!)/)!%=E",6+.0%!$%6!%1"-*)")+6!6/&.$".-%6!%)!",0%-*)%!####!?4!2#!C+,$%!@,"&.+"+.0%!D!1-/:.&67!(/+.0"+./)6!%+!.(1"5+6!+%--.+/-.",=!$%6!5.*"&.%-6!%)!",0%-*)%!#############################################################################################################################################################################################!?>!

5/"(&#!-!7!"#),3(/()!*******************************************************************************************************************************!F-!&*!9,&!).'(!3#)!#5/"2'/'()!).3&1/&"#)!#'!/,;#"2'#!=!********************************************************!F0!"#!1-/:.&!6/5./F%5/)/(.@,%!$%6!%)@,%+%6!#########################################################################################################!9A!2#!1-/:.&!$'%1"-*)")+6!6/&.$".-%6!########################################################################################################################!G9!5#!1"-5/,-6!$'%1"-*)")+6!6/&.$".-%6!################################################################################################################!3H4!

&&*!&$53&%/(&.'!3.%/3#<!%&2/3#)!#(!(#""&(.&"#)!*******************************************************************!660!"#! $%0%).-!%1"-*)")+!6/&.$".-%7!,)!1-/5%66,6!5/)6+-,.+!D!&%6!:"5.&.+"+%,-6!$%!&'.(1&.5"+./)!5.*"&.%-%!########################################################################################################################################################################!33B!2#!-%*"-$!6,-!&"!0.%!5.*"&.%-%!D!I!5"--.%-%6!J7!(/+.0"+./)6!%+!1-/:.&6!$%!&'.(1&.5"+./)!##############!3;9!5#!&%6!5.*"&%67!,)!&%0.%-!$%!&'.(1&.5"+./)!&/5"&%7!%)!:"0%,-!$',)!$%0%&/11%(%)+!+%--.+/-."&!$,-"2&%!%)!",0%-*)%!8!############################################################################################################################################!3AA!

%.'%3,)&.'!2#'#"/3#!*************************************************************************************************************************!6EA!&'1#G!1#)!)&23#)!*************************************************************************************************************************************!6EH!C&C3&.2"/58&#!*****************************************************************************************************************************************!6F:!(/C3#!1#)!$/(&#"#)!*****************************************************************************************************************************!6F0!

! Z*

!"#$%&'(#)%"*!"#"$%&'*!

* _"*'%A(%4E&%*CHFI;*,%*'544%(*%R(&-5&8#"-#&%*8%*,ef&<-"#'-(#5"*8%'*]-(#5"'*!"#'*0f]!1*'=&*

,%* /,#4-(* '@%'(* 8)&5=,)* K* ]%g* \5&`M* h=%,D=%'* '%4-#"%'* A,='* (-&8;* ,-* 7&-"/%* -* )()* 5QQ#/#%,,%4%"(*

"544)%*A-V'*Si(%*8%*,-*CF%*/5"Q)&%"/%*/,#4-(*%"*CHFZ*0.-&#'*3,#4-(*CHFZ1M*[%*^5`V5*K*35A%"S-<=%*

%"*A-''-"(*A-&*^5&5"(5;*(5=(%'*,%'*&%"/5"(&%'*'=&*,-*A,-"Y(%*'5"(*,-*A&%=$%*8%*,@=&<%"/%*K*&)A5"8&%*

"5"*'%=,%4%"(*K* ,-*j*/&#'%*/,#4-(#D=%*k*4-#'*-=''#*K* ,-*&)A)(#(#5"*8%*(5=(%'*,%'*Q5&4%'*8%*/&#'%'*D=#*

4-&D=%"(*,%*8)$%,5AA%4%"(*-/(=%,*8%*,@S=4-"#()M*_"*%QQ%(;*"5'*'5/#)()'*458%&"%'*'5"(*/5"Q&5"()%'*

-=R* 8)')D=#,#E&%'* )/5,5<#D=%'*4-#'* -=''#* -=R* A&5E,)4-(#D=%'* '5/#-,%'* %(* )/5"54#D=%'*b* /Si4-<%;*

45"()%*8%'*#")<-,#()'*'5/#-,%';*&%A,#*'=&*'5#M*>#*,@)/5"54#%*45"8#-,%*'%4E,%*(5=W5=&'*-=''#*A=#''-"(%;*

8%'*/#(5V%"'*A-&(5=(*8-"'*,%*45"8%*'@#"(%&&5<%"(*'=&*,-*A5''#E#,#()*8%*/5"/%$5#&*="%*)/5"54#%*45#"'*

#")<-,#(-#&%* %(* 8%'(&=/(&#/%;* "5='* A%&4%((-"(* 8%* '5&(#&* 8@="* 458Y,%* 8%* /&5#''-"/%* D=#* A%&'#'(%* K*

)A=#'%&* ,%'* &%''5=&/%'* ,#4#()%'* 8%* "5(&%* A,-"Y(%M* :@)/5"54#%* '5/#-,%* %(* '5,#8-#&%* %'(* ,@="%* 8%* /%'*

A&5A5'#(#5"'*b*%,,%*'%*Q5"8%*'=&*="%*#8)%*%(*="%*A&-(#D=%*'#4A,%*%(*/5=&-"(%*b*A,=(i(*D=%*8%*&)="#&*8%'*

/-A#(-=R*%(*8%*'%&$#&*8%'*/-A#(-=R;*,@)/5"54#%*A%=(*&)="#&*%(*'%&$#&*8%'*A%&'5""%'M*:@)/5"54#%*'5/#-,%*

%(* '5,#8-#&%* %'(* /54A5')%* 8@#"8#$#8='* D=#* '%* &%<&5=A%"(* A5=&* &)-,#'%&* ="* A&5W%(* '5/#-,;* /=,(=&%,;*

)/5"54#D=%;* %"* $=%* 8%* &)A5"8&%* K* 8%'* E%'5#"'* '5/#-=R* 0[&-A%&#;* CHFF1M* :@)/5"54#%* '5/#-,%* %(*

'5,#8-#&%* %'(* ="* (%&4%* j*<)")&#D=%*k;* &-''%4E,-"(* ="%* 4=,(#(=8%* 8%* '%"'#E#,#()';* 8%* Q5&4%'* %(*

8@-/(#5"'*'=&*,%*(%&&-#"*b*

j*%"* 7&-"/%;* /%'* -/(%=&'* '%* /&5#'%"(* D=5(#8#%""%4%"(* '=&* ,%'* (%&&#(5#&%';* &)<=,#Y&%4%"(* 8-"'* 8%*

"54E&%='%'* Q)8)&-(#5"'* %(* 5&<-"#'-(#5"'* &%A&)'%"(-(#$%'* /544%* ,%'* Q)8)&-(#5"'* 4=(=-,#'(%';*

/55A)&-(#$%'*%(*-''5/#-(#$%';*,%'*/S-4E&%'*&)<#5"-,%*8%*,@)/5"54#%*'5/#-,%*%(*'5,#8-#&%;*,%'*'V"8#/-('*

%4A,5V%=&';* %(* 8-"'* ,%'* 45=$%4%"('* %(* &)'%-=R* (&-"'$%&'-=RM* c,'* )/S-"<%"(* %(* &)Q,)/S#''%"(;* #,'*

)(-E,#''%"(* 8%* "54E&%=R* A-&(%"-&#-(';* K* ,@#"()&#%=&* 8%* ,%=&* 45=$%4%"(;* %"(&%* %"(&%A&#'%';*

Q)8)&-(#5"';* 'V"8#/-('* %4A,5V%=&'* 8%* ,@)/5"54#%* '5/#-,%* /544%* K* ,@%R()&#%=&* -$%/* ,%'* /5,,%/(#$#()'*

(%&&#(5&#-,%';*,%'*'V"8#/-('*8%*'-,-&#)';*,%'*="#$%&'#()';*,%'*/S-4E&%'*/5"'=,-#&%'*kFM**

l* ,@S%=&%* 8%* ,-* 45"8#-,#'-(#5";* %(* Q-/%* K* 8%* Q5&(%'* 8#QQ)&%"/#-(#5"'* (%&&#(5&#-,%';* ,-* A&5A5'#(#5"* 8%*

,@)/5"54#%*'5/#-,%*%(*'5,#8-#&%*8@5QQ&#&*="*8)$%,5AA%4%"(*A,='*'5=(%"-E,%;*'%4E,%*'@-//5&8%&*-$%/*,-*

$5,5"()* 8%'* -/(%=&'* A=E,#/'* 8@-//54A-<"%&* ="* 8)$%,5AA%4%"(* (%&&#(5&#-,* 8=&-E,%M* :%'* ,#%"'* %"(&%*

,@)/5"54#%* '5/#-,%* %(* '5,#8-#&%* '5"(* 8%* A,='* %"* A,='* D=%'(#5"")'* 8-"'* /%* /5"(%R(%* <)")&-,#')* 8%*

/&#'%'*b*j*3$*%45&(5')*%4&67'8*%)$85"",'**$"+%47&*'$&)*%9&,7'+#*%,&:%$"+)$4)'*$*%;<#85"5='$%*58',7$%$+%

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!F*[9O._9c*N%-"67&-"m5#';*3<#85"5='$%*58',7$%$+%*57';,')$%>%&"$%)#45"*$%?%7,%8)'*$%@;*[="58;*CHFF;*AMC*

! G*

;<#85"5='$%*57';,')$%,&%"'($,&%)#A'5",7%>%7$&)%)B7$%;$%)$7,'*%;<$:4)$**'5"%;$*%,8+$&)*%758,&:C%DEF%G%7$&)%

8,4,8'+#%?%#9&'7'6)$)%7$%;#($7544$=$"+%45&)%9&<'7*%'"+HA)$"+%+5&+$*%7$*%8,+#A5)'$*%*58',7$*%D56I$8+'J%;$%

*57';,)'+#F%G% 7$&)% ,4+'+&;$% ?% 85"*+)&')$% ;$% "5&($77$*% *K"$)A'$*% 45&)% 4,)+'8'4$)% ?% 7,% ;K",='*,+'5"%

A756,7$%;&%+$))'+5')$% D56I$8+'J%;$%;#($7544$=$"+F%kCM*O=W5=&8@S=#;* ,@)/5"54#%*'5/#-,%*%(*'5,#8-#&%*%'(*

A%&m=%* /544%* ="* ,%$#%&* 8%* 8)$%,5AA%4%"(;* A-&/%* D=@%,,%* W5=%* A,%#"%4%"(* ="* &i,%* 8-"'* ,-*

$-,5&#'-(#5"*8%'*(%&&#(5#&%'*%(*,-*45E#,#'-(#5"*8%'*-/(%=&'*"5(-44%"(*A5=&*,%'*/5,,%/(#$#()'*,5/-,%'*5n*

,@_>>*%'(*8%$%"=%*="*/S-4A*'(&=/(=&-"(*8%* ,@-/(#5"*A=E,#D=%M*3%A%"8-"(*'#* ,%* ,#%"*%"(&%* ,@)/5"54#%*

'5/#-,%* %(* '5,#8-#&%* %(* ,%* (%&&#(5#&%* %'(* ")/%''-#&%;* #,* "%* '%&-* '=QQ#'-"(* A5=&* Q-#&%* Q-/%* -=R* 8)Q#'*

'5/#5)/5"54#D=%'* -/(=%,'* 0[%45='(#%&;* CHHI1M* >#* ,@)/5"54#%* '5/#-,%* %(* '5,#8-#&%* A%&4%(* ,-*

45E#,#'-(#5"* /5,,%/(#$%* %(* /5"'(#(=%* ="%* Q5&/%* 8%* &)'#'(-"/%;* ,-* /-A-/#()* 8%* (&-"'Q5&4-(#5"* %(* 8%*

/5"'(#(=(#5"* 8@="%* )/5"54#%* '5/#-,%* %(* '5,#8-#&%* (%&&#(5&#-,#')%* 8)A%"8* 8%* '-* /-A-/#()* K* #""5$%&;* K*

8#QQ='%&*%(*K*/55A)&%&*0O&(#';*CHHo1M**

O/(=%,,%4%"(;* ,%'* -''5/#-(#5"';* ,%'* (%&&#(5#&%'* 8%* A&5W%(';* ,%'* /5,,%/(#$#()'* (%&&#(5&#-,%'* A5&(%"(* ="*

#"()&L(*<&-"8#''-"(*K*,@)4%&<%"/%*8@#"#(#-(#$%'*/#(5V%""%'*,5/-,%'*D=#*-AA5&(%"(*8=*8V"-4#'4%*'5/#-,;*

/=,(=&%,*%(*)/5"54#D=%*'=&*,%'*(%&&#(5#&%'M!:@)/5"54#%*'5/#-,%*%(*'5,#8-#&%*%'(*="*(%&&-#"*8%*/S5#R*A5=&*

5E'%&$%&*K* ,-* Q5#'* ,%'*%QQ%('*D=@%,,%*A&58=#(* '=&* ,%'* #"8#$#8='*D=#*V*A-&(#/#A%"(*%(* '%'* #4A-/('* '=&* ,%'*

(%&&#(5#&%'M!

D4!')(6(75!E37!-;74-=)7'!:(4-!5,!=(:),!:;34!-'(F,!:,!>74!:;?'3:,!

O=*'%#"*8%*,@)/5"54#%*'5/#-,%*%(*'5,#8-#&%;*"5='*-$5"'*/S5#'#*8%*"5='*#"()&%''%&*A,='*A-&(#/=,#Y&%4%"(*

K* ,-*Q#"-"/%*'5,#8-#&%*8)Q#"#%*/544%*j*8%'*A&5/%''='*8%*Q#"-"/%4%"(*'5,#8-#&%'*/55&85"")'*A-&*8%'*

-/(%=&'* ,5/-=R* p* /%'* 8%&"#%&'* &)A5"8-"(* -=* &-(#5""%4%"(* 8=* /&)8#(* %(* ,-*4#'%* %"* A,-/%* 8%* /#&/=#('*

/5=&('*8%*Q#"-"/%4%"(*k*0O&(#';*CHHo1M*

OQ#"* 8%* 4#%=R* /54A&%"8&%* ,%'* A&5/%''='* K* ,@q=$&%* 8-"'* ,@#4A,#/-(#5"* /#(5V%""%;* ,@-''5/#-(#5"*

&)<#5"-,%*8%'*3cdO:_>*O=$%&<"%;* ,%*3%"(&%*8%*9%/S%&/S%;*8@U(=8%*%(*8%*75&4-(#5"*K*,@O"#4-(#5"*%(*

-=*[)$%,5AA%4%"(*%"*O=$%&<"%*039_7O[1*%(*,%*>V"8#/-(*4#R(%*8=*.-&/*]-(=&%,*9)<#5"-,*8%'*P5,/-"'*

8eO=$%&<"%*0.]9PO1*5"(*8)/#8)*8@5E'%&$%&*8%*A,='*A&Y'*="%*#"#(#-(#$%*,5/-,%*b*,%'*3,=E'*8@c"$%'(#''%=&'*

A5=&*="%*d%'(#5"*O,(%&"-(#$%*%(*:5/-,%*8%*,@UA-&<"%*>5,#8-#&%*03cdO:_>1M*c''=*8%*,@U/5"54#%*>5/#-,%*%(*

>5,#8-#&%;* 8-"'* ,%'* -"")%'* rH;* ,%* 45=$%4%"(* 8%'* 3cdO:_>* '@%'(* /5"'(&=#(* '=&* ,%* /5"'(-(* D=@#,* %'(*

A5''#E,%* K* 8%* '#4A,%'* /#(5V%"'* 8@-//54A-<"%&* /%,,%'* %(* /%=R* D=#* '%* ,-"/%"(* 8-"'* ,-* /&)-(#5"* 5=* ,%*

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

4![_Bf!>^c_9*[-"#%,%;*3<#85"5='$%*58',7$%$+%*57';,')$C%*<,**58'$)%45&)%$"+)$4)$";)$%,&+)$=$"+;*>V&5';*CHHF;*AMFCs!

*

! o*

8)$%,5AA%4%"(* 8@="%* %"(&%A&#'%M* 3%(* -//54A-<"%4%"(* A&%"8* ,-* Q5&4%* 8@="* -AA5&(* Q#"-"/#%&* -=*

/-A#(-,;* 4-#'* -=''#* 8@="* '5=(#%"* S=4-#"* %(* 8%* /5"'%#,'* -8-A()'M* !"* &%<-&8* %R()&#%=&* A%&4%(* K*

,@%"(&%A&#'%*8%*A-''%&*A,='*'%&%#"%4%"(*'%'*A&%4#Y&%'*-"")%'*8@%R#'(%"/%M*

:%'*3cdO:_>*Q5"(*-#"'#*5QQ#/%*8%*(%&&-#"*8@)(=8%*A&#$#,)<#)*A5=&*/54A&%"8&%*D=#*'5"(*/%'*)A-&<"-"('*

'5,#8-#&%';*D=%,'*'5"(*,%'*),)4%"('*8)/,%"/S%=&'*8%*,@#4A,#/-(#5"*%(*,%=&'*45(#$-(#5"'M*

_"*CHFI;*="%*)(=8%*-*85"/*)()*4%")%*'=&!G+(!H74(4=,!-957:(7),2!=7'9&,44,!,'!8()'7=78('76,!I!34!5,67,)!

893)!853-!:,!893697)!:;(F7)!,'!:;7<857=('794!59=(5,!AtM*

3%'*(&5#'*'(&=/(=&%'*-$-#%"(*/S-/="%*="*#"()&L(*A-&(#/=,#%&*A5=&*,%*'=W%(*b*

+;(--9=7('794!)?F794(5,!:,-!."/#+01!:;#36,)F4,*-*="* &i,%*8@#"Q5&4-(#5"*%(*8%*8)$%,5AA%4%"(*8%'*

/,=E'*'=&*,%*(%&&#(5#&%*-=$%&<"-(M*[-"'*,%*/-8&%*8%*'%'*Q5"/(#5"';*%,,%*'@#"()&%''%*K*4#%=R*/5""-X(&%*,%*

A&5Q#,* 8%'* A%&'5""%'* #4A,#D=)%'* -=* '%#"* 8%* '5"* -''5/#-(#5"* &)<#5"-,%* %(* K* #8%"(#Q#%&* ,%'* &-#'5"'* 8%*

,@#4A,#/-(#5"*/#<-,#Y&%*0),)4%"('*8)/,%"/S%=&';*45(#$-(#5"'1M*

+,!.C0H#$!#36,)F4,J* 'e#"'/&#(*8-"'* ,%'*$-,%=&'*8%* ,e)8=/-(#5"*A5A=,-#&%M* :%'*A&#"/#A%'*D=#*-"#4%"(*

,@%"'%4E,%*8%'*-/(#5"'*8=*39_7O[*O=$%&<"%*'@-&(#/=,%"(*-=(5=&*8%* ,@-=(5"54#%*8%* (5=(%*A%&'5""%*

5=* '(&=/(=&%* %(* ,%* 8)$%,5AA%4%"(* 8%* ,%=&'* /-A-/#()'* K* A%"'%&;* K* 8)/#8%&;* K* '@%RA&#4%&* %(* K* -<#&*

/5"/&Y(%4%"(M* :%* 39_7O[* O=$%&<"%* A&#$#,)<#%* ,%'* /S-4A'* 8@-/(#5"'* '=#$-"('* b* ,@%4A,5#* A-&*

,@-//54A-<"%4%"(* 8%* A5&(%=&'* 8%* A&5W%(* p* ,@-/(#5"* /=,(=&%,,%* %"*4#,#%=* &=&-,* A-&* ,%* '5=(#%"* K* 8%'*

-"#4-(#5"'*$#'-"(*,-*/&)-(#5"*8%*,#%"*'5/#-,*p*,%'*&)-,#()'*'5/#-,%'*A-&*,@-AA=#*%(*,-*Q5&4-(#5"*8@-/(%=&'*

'5/#-=R*p*,%*8)$%,5AA%4%"(*8@5=(#,*8%*A&58=/(#5"*%(*8@%RA)&#4%"(-(#5"*'=&*8%'*)$5,=(#5"'*'5/#)(-,%'*p*

,%'*-/(#5"'*%"*Q-$%=&*8%*,-*,%/(=&%*%(*8%*,-*,=((%*/5"(&%*,e#,,%((&#'4%M*c,*'e-AA=#%*A5=&*/%*Q-#&%*b*'=&*8%'*

5=(#,'* b* ,-* Q5&4-(#5"* A&5Q%''#5""%,,%;* ,-* A)8-<5<#%* 8=* $5V-<%;* ,%'* (%/S"5,5<#%'* "=4)&#D=%'* 8%*

,e#"Q5&4-(#5"* %(* 8%* ,-* /544="#/-(#5";* ,%'* -(%,#%&'* 8%* ,-* $#%* D=5(#8#%""%M* :@#"()&L(* 8=*39_7O[*8-"'*

/%((%*)(=8%*)(-#(*8%*&%A)&%&*%(*8%*/54A&%"8&%*,%'* ,#%"'*%"(&%*Q#"-"/%*'5,#8-#&%*%(* #4A,#/-(#5"*,5/-,%*

8%'* S-E#(-"('* 8@="* (%&&#(5#&%M* :-* Q#"-"/%* '5,#8-#&%* A%=(6%,,%* L(&%* ="* A&)(%R(%* -Q#"* D=%* ,%'* <%"'*

'@#4A,#D=%"(* 8-$-"(-<%* 8-"'* ,-* $#%* ,5/-,%* u* >#* 5=#;* K* D=%,,%'* /5"8#(#5"'* u* _"* '=AA5'-"(* D=%* ,%'*

3cdO:_>*'5#%"(*8%'*-/(%=&'*8%*,@)8=/-(#5"*A5A=,-#&%;*/544%"(*,@#4A,#/-(#5"*/#<-,#Y&%*A%&4%(*8@#"#(#%&*

,%*/S-"<%4%"(*/S%v*="*#"8#$#8=*%(*K*D=%,'*454%"('*u*

_"Q#";* 5,!1&4:7=('!<7K',!:3!LMC!:,-!N95=(4-!:O#36,)F4,*%'(* ,@_(-E,#''%4%"(*.=E,#/*8%*355A)&-(#5"*

c"(%&/544="-,%* D=#* -"#4%* ,%* A&5W%(* 8%* (%&&#(5#&%* 8=* .-&/* 8%'* P5,/-"'* 8@O=$%&<"%M* >5"* &i,%* %'(*

8@-#8%&*,%'*/5,,%/(#$#()'*'#<"-(-#&%'*8%*,-*3S-&(%*8=*.-&/*K*,-*4%((&%*%"*q=$&%;*(5=(*%"*%"(&-X"-"(*,%'*

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!a*c"Q5&4-(#5"'*(#&)%'*8=*'#(%*8=*39_7O[*O=$%&<"%*

! r*

S-E#(-"(';* ,%'* -''5/#-(#5"'* %(* ,%'* A&5Q%''#5""%,'* 8-"'* /%((%* 4L4%* 8V"-4#D=%M* :%'* .-&/'* "-(=&%,'*

&)<#5"-=R*'5"(*/&))'*A5=&*A&5()<%&*%(*4%((&%*%"*$-,%=&*8%*<&-"8'*%'A-/%'*&=&-=R*S-E#()'M*.%=(*L(&%*

/,-'')*w.-&/*"-(=&%,*&)<#5"-,x*="*(%&&#(5#&%*K*854#"-"(%*&=&-,%*85"(*,%'*A-V'-<%';*,%'*4#,#%=R*"-(=&%,'*

%(*,%*A-(&#45#"%*/=,(=&%,*'5"(*8%*<&-"8%*D=-,#();*4-#'*85"(*,@)D=#,#E&%*%'(*Q&-<#,%M**

>=#(%*-=* /5"'(-(*D=%* ,%'*.-&/';* /544%* ,@_>>;*A-&(#/#A%"(*K*="*8)$%,5AA%4%"(* ,5/-,;* '5=/#%=R*8%* ,-*

8#4%"'#5"*%"$#&5""%4%"(-,%*%(* '5/#-,%;* ,%*.]9PO*-*/S5#'#*8@5&#%"(%&*="*8%'* (&5#'*-R%'*8=*:_O[_9I*

$%&'*,@)/5"54#%*'5/#-,%*%(*'5,#8-#&%;*#"(#(=,)*b*j*O4%"%&*,%'*%"(&%A&#'%'*$%&'*="%*A,='*<&-"8%*'5,#8-&#()*

)/5"54#D=%*kM*3%*$5,%(*'%*8)/,#"%*%"*8%=R*Q#/S%'*b*

6* 5QQ&#&*-=R*%"(&%A&#'%'*,@5AA5&(="#()*8@-=(&%'*458Y,%'*%"(&%A&%"%=&#-=R*p*

6* Q-$5&#'%&*8%'*8V"-4#D=%'*8%*4=(=-,#'-(#5"*%"(&%*^&Y'*.%(#(%'*_"(&%A&#'%*0^._1M*

[%A=#';* ,%* .-&/* -* 4#'* %"* A,-/%* 8%* "5=$%-=R* A-&(%"-&#-('* -$%/* 8%'* 5&<-"#'4%'* D=#* -//54A-<"%"(*

,@)/5"54#%*'5/#-,%*%(*'5,#8-#&%;*(%,'*D=%* ,%*39_7O[;* ,@!&'/5A;*^%&&%*8%* ,#%"';*4-#'*-=''#* ,@-''5/#-(#5"*

8%'* 3cdO:_>* O=$%&<"%;* A%&4%((-"(* ,-* "-#''-"/%* 8%* /%((%* )(=8%M* _"* CHFa;* ="* )(-(* 8%'* ,#%=R* 8%*

,@)/5"54#%*'5/#-,%*%(*'5,#8-#&%*'=&*,%*.-&/*"-(=&%,*&)<#5"-,*8%'*$5,/-"'*8@O=$%&<"%*-*)()*&)-,#')*-$%/*

,@%"'%4E,%* 8%'* -/(%=&';* -Q#"* 8%* A5=$5#&* ),-E5&%&* ="%* '(&-()<#%* -#"'#* D=@="* A,-"* 8@-/(#5"* A5=&*

%"/5=&-<%&*,-*/&)-(#5"y&%A&#'%*8@-/(#$#()'*&%,%$-"(*8%'*'(-(=('*8%*,@_>>*'=&*,%*(%&&#(5#&%*8=*.-&/M*3@%'(*

8-"'* /%* /5"(%R(%* D=%* ,%* >V"8#/-(* 4#R(%* 8=* .]9* 8%'* P5,/-"'* 8eO=$%&<"%* )(-#(* #"()&%'')* K* 4#%=R*

/5""-X(&%* ,%'* #"8#$#8='* D=#* '@#4A,#D=%"(* -=* '%#"* 8%* '5"* (%&&#(5#&%* 8-"'* ="%* '(&=/(=&%* 8%* Q#"-"/%*

'5,#8-#&%*%(*8@-AA5&(%&*="*)/,-#&-<%*'=&*,%'*&-#'5"'*8%*/%((%*#4A,#/-(#5"M**

>@-AA=V-"(*'=&* ,%*'=W%(*8%* ,@)(=8%*4%")%*8=&-"(*"5(&%*'(-<%*A&5Q%''#5""%,*K* ,@-''5/#-(#5"*&)<#5"-,%*

8%'* 3cdO:_>* O=$%&<"%* G+(! H74(4=,! -957:(7),2! =7'9&,44,!,'! 8()'7=78('76,! I! 34! 5,67,)! 893)! 853-! :,!

893697)! :;(F7)! ,'! :;7<857=('794! 59=(5,!A*k;* "5'* (&-$-=R* 4%")'* 8-"'* ,%* /-8&%* 8=* A&)'%"(* 4)45#&%*

A&5A5'%"(*8@%"*-AA&5Q5"8#&* ,%'* &)'=,(-('M* _"*%QQ%(;*,%'*D=%'(#5""%4%"('*D=#*8)/5=,%"(*8%* ,@)(=8%*2*

D=#* '5"(* ,%'* )A-&<"-"('* '5,#8-#&%'* %"*O=$%&<"%;* D=%,'* '5"(* ,%'* &-#'5"'* 8%* ,@#4A,#/-(#5"'* 8@#"8#$#8='*

8-"'*="%*'(&=/(=&%*8%*Q#"-"/%*'5,#8-#&%*2*D=%,'*'5"(*,%'*%QQ%('*8%*/%((%*#4A,#/-(#5"*'=&*,%'*#"8#$#8='*6*

Q5"(* 8-$-"(-<%* &)Q)&%"/%* K* ,-* 8#'/#A,#"%* 8%* ,-* '5/#5,5<#%M* [-"'* ,%* /-8&%* 8@="* 4-'(%&* '=&* ,%'*

8V"-4#D=%'* 8%'* (%&&#(5#&%'* %(* ,@-4)"-<%4%"(* &=&-,;* #,* "5='* #"()&%''-#(* 8@-AA5&(%&* ="%* $#'#5"*

<)5<&-AS#D=%*K*/%'*#"(%&&5<-(#5"'*%"*D=%'(#5""-"(*,%'*#4A-/('*(%&&#(5&#-=R*8%'*3cdO:_>M*O#"'#;*"5='*

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

>*:_O[_9*b*:#-#'5"*_"(&%*O/(#5"*8%*[)$%,5AA%4%"(*8%*,@_/5"54#%*9=&-,%*

*

! s*

%''-#%&5"'* 8%* 8)(%&4#"%&* 8-"'* D=%,,%*4%'=&%* ,-* Q#"-"/%* '5,#8-#&%* A%=(* L(&%* ="* 5=(#,* -=* '%&$#/%*8=*

8)$%,5AA%4%"(*(%&&#(5&#-,*8=&-E,%M*

.5=&*&)A5"8&%*K*/%'*D=%'(#5"';*"5(&%*(&-$-#,*'@-&(#/=,%*-=(5=&*8%*(&5#'*A-&(#%'*D=#*$#'%"(*K*/%&"%&*,%'*

/5"/%A('*-E5&8)';* ,%'*%"W%=R*%(* ,-*A&5E,)4-(#D=%;* ,-*4-"#Y&%*8%*,%'*(&-#(%&*%(*%"Q#"*8%*/54A&%"8&%*

,%'* %QQ%('* #"8#$#8=%,'* %(* ,%'* #4A-/('* (%&&#(5&#-=R* 8@="%* '(&=/(=&%* 8%* Q#"-"/%* '5,#8-#&%;* /#(5V%""%* %(*

A-&(#/#A-(#$%*b*,%'*3cdO:_>M*

:-*A&%4#Y&%*A-&(#%*-AA5&(%&-*="*/-8&%*(S)5&#D=%*K*"5(&%*'=W%(;*%"*&%$%"-"(*'=&*,@#"()&L(*8%*/&5#'%&*%(*

8@#"(%&&5<%&* ,-*&%,-(#5"*%"(&%* ,@)/5"54#%*'5/#-,%*%(*'5,#8-#&%;*%(*A,='*A-&(#/=,#Y&%4%"(*="%*'(&=/(=&%*

8%*Q#"-"/%*'5,#8-#&%;*,%'*3cdO:_>*%(*,%*8)$%,5AA%4%"(*(%&&#(5&#-,M*]5='*&%$#%"8&5"'*8-$-"(-<%*'=&*,-*

/54A&)S%"'#5"*8=*45=$%4%"(*8%*,-*Q#"-"/%*'5,#8-#&%*%(*"5='*A&)'%"(%&5"'*,-*'(&=/(=&%;*'=&*,-D=%,,%*

'@-AA=#%*"5(&%*(&-$-#,;*,@-''5/#-(#5"*&)<#5"-,%*8%'*3cdO:_>*8@O=$%&<"%M*:%*&i,%*8%*,-*Q#"-"/%*'5,#8-#&%*

'=&* ,%* (%&&#(5#&%*'%&-*%RA,#/#();*-#"'#*D=%* ,-* Q-m5"*8@-E5&8%&* ,-*"5(#5"*8%* (%&&#(5#&%*A5=&*)(=8#%&*="%*

#"#(#-(#$%*/5,,%/(#$%M*

:-* 8%=R#Y4%* A-&(#%* &%$#%"8&-* '=&* ,@#(#")&-#&%* 4)(S585,5<#D=%* /S5#'#M* ]5='* A&)'%"(%&5"'* ,-*

A&5E,)4-(#D=%*%(* ,%'*SVA5(SY'%'*8%*/%*4)45#&%;*-#"'#*D=%*,%*(%&&#(5#&%*8@)(=8%;* ,-*&)<#5"*O=$%&<"%*

%(*A,='*A-&(#/=,#Y&%4%"(*,%*.-&/*]-(=&%,*9)<#5"-,*8%'*P5,/-"'*8@O=$%&<"%M*]5='*$%&&5"'*A5=&D=5#*,%'*

%"W%=R* %(* A&5E,)4-(#D=%'* 8%* /%'* (%&&#(5#&%'* K* 854#"-"(%* &=&-,%* '5"(* %"* ,#%"* -$%/* ,%'* &)A5"'%'*

-AA5&()%'*A-&* ,%'*3cdO:_>M*:-*4)(S585,5<#%*/S5#'#%;*-,,#-"(*D=-"(#(-(#Q*%(*D=-,#(-(#Q;*'%&-*)<-,%4%"(*

A&)'%"()%M**

:-* 8%&"#Y&%* A-&(#%* A&)'%"(%&-* ,%'* &)'=,(-('* 8=* 4)45#&%* '5='* ,-* Q5&4%* 8%* (&5#'* '5='6A-&(#%'M* :-*

A&%4#Y&%* A&5A5'%&-* ="* &%<-&8* D=-"(#(-(#Q* '=&* D=#* '5"(* ,%'* )A-&<"-"('* '5,#8-#&%'* %"* O=$%&<"%M* :%'*

8%=R* -=(&%';* &%A5'-"(* 8-$-"(-<%* '=&* 8%'* /5"/%A('* 8%* '5/#5,5<#%;* &%(&-/%&5"(* ,%* A&5/%''='* 8%*

,@#4A,#/-(#5";*D=%,'*'5"(*,%'*),)4%"('*8)/,%"/S%=&'*%(*,%'*45(#$-(#5"'*A5=&*'@#4A,#D=%&*8-"'*="*/,=E*

3cdO:_>*u*]5='*$%&&5"'*K*(&-$%&'*,%'*%"(&%(#%"'*&)-,#')'*D=%*,@#4A,#/-(#5"*/#<-,#Y&%*%'(*,%*&)'=,(-(*8@="*

A-&/5=&'*/54A,%R%M*_"Q#";*/,i(=&-"(*/%*(&-$-#,;*"5='*&%$#%"8&5"'*'=&*,%*,#%"*%"(&%*,-*Q#"-"/%*'5,#8-#&%*2*

,@#4A,#/-(#5"* ,5/-,%* %(* ,%* (%&&#(5#&%;* A5=&* 4#%=R* /54A&%"8&%* D=%,'* '5"(* ,%'* %QQ%('* 8%* ,@%"(&)%*

8@#"8#$#8='* 8-"'* ="* /,=E* 3cdO:_>;* '=&* %=R;* '=&* ,%=&* A%&/%A(#5"* 8=* (%&&#(5#&%* %(* Q#"-,%4%"(* '=&* ,%*

(%&&#(5#&%*,=#64L4%M**

*

*

! FH*

*

!"#$%&'('6!!""#$!!"#$%&'()*!

* 3%((%*A-&(#%*$#'%*K*A5'%&*,%*/-8&%*(S)5&#D=%*8=*'=W%(*8%*/%*4)45#&%*j*+,-!."/#+012!34!5,67,)!

893)!853-!:;7<857=('794!59=(5,!,4!>(6,3)!:;34!:?6,5988,<,4'!',))7'9)7(5!:3)(@5,!A!P!%(*K*8)Q#"#&*,%'*

/5"/%A('*-=RD=%,'*"5='*Q-#'5"'*&)Q)&%"/%M*

[-"'* ="* A&%4#%&* (%4A';* #,* "5='* A-&-X(* #4A5&(-"(* 8@-AA5&(%&* ="%* ,%/(=&%* S#'(5&#D=%* 8%'* 8%=R*

45=$%4%"('*D=#*5"(*A%&4#'* ,@)4%&<%"/%*8%'*3cdO:_>*%(*8=* /5"/%A(*8%*8)$%,5AA%4%"(* (%&&#(5&#-,*

8=&-E,%*b* ,@)/5"54#%*'5/#-,%*%(*'5,#8-#&%*%(* ,%'*A5,#(#D=%'*8@-4)"-<%4%"(*%(*8%*8)$%,5AA%4%"(*8%'*

(%&&#(5#&%'M* ]5='* A5=&&5"'* -#"'#* 4#%=R* /%&"%&* %"* D=5#* /%'* 45=$%4%"('* &)A5"8%"(* K* 8%'* %"W%=R*

/544="'*%(*A5=&D=5#*#,*%'(*A%&(#"%"(*8%*,%'*4%((&%*%"*,#%"M*

]5='*%"(&%&5"'*%"'=#(%*-=*/q=&*8%*"5(&%*'=W%(*%"*-E5&8-"(*,-*(S)4-(#D=%*8%*,-*Q#"-"/%*'5,#8-#&%M*c,*

'@-<#&-*8%*/54A&%"8&%*,%*/5"(%R(%*8@)4%&<%"/%*8%*/%*45=$%4%"(;*8%*8)Q#"#&*K*D=5#*#,*Q-#(*&)Q)&%"/%*

%(*8%*45"(&%&*%"*D=5#*#,*&)A5"8*-=R*%"W%=R*'5/#)(-=R*-/(=%,'M*]5='*$%&&5"'*D=%*/%&(-#"'*-=(%=&'*'%*

'5"(*8)WK*-((-/S)'*K*#"(%&&5<%&*,-*&%,-(#5"*D=%*,%*Q#"-"/%*'5,#8-#&%*%"(&%(#%"(*-$%/*,%*(%&&#(5#&%*]5='*

A&)'%"(%&5"'*A,='*A-&(#/=,#Y&%4%"(*="%*#"#(#-(#$%*8%*Q#"-"/%*'5,#8-#&%*j*(%&&#(5&#-,#')%*k;*'=&* ,-D=%,,%*

"5='*"5='*'544%'*-AA=V)'*8-"'*/%*(&-$-#,*b*,%'*3cdO:_>M*

_"Q#";* "5='* &%$#%"8&5"'* '=&* ,-* 8)Q#"#(#5"* 8%* ,-* "5(#5"* 8%* (%&&#(5#&%* %(* "5='* 45"(&%&5"'* %"* D=5#*

,@-AA&5/S%*8%*,-*<)5<&-AS#%*'5/#-,%*%'(*#"()&%''-"(%*A5=&*-"-,V'%&*="%*#"#(#-(#$%*8%*Q#"-"/%*'5,#8-#&%;*

/#(5V%""%*%(*A-&(#/#A-(#$%;*(%,,%*D=%*,%'*3cdO:_>M**

*

!!

! FF*

!

cM*_>>*%(*A5,#(#D=%'*8%*8)$%,5AA%4%"(*8%'*(%&&#(5#&%';*$%&'*="%*/5"$%&<%"/%*8%'*45=$%4%"('*u*

*

* >@#"()&%''%&* -=R* %QQ%('* 8%* ,-* Q#"-"/%* '5,#8-#&%* '=&* ,%'* #"8#$#8='* D=#* V* A-&(#/#A%"(;* 4-#'*

)<-,%4%"(* -=R* #4A-/('* (%&&#(5&#-=R* D=%* /%,-* A&58=#(* %(* K* ,-* A,-/%* 8%* ,-* Q#"-"/%* '5,#8-#&%* 8-"'* ,%*

8)$%,5AA%4%"(* (%&&#(5&#-,;* '=AA5'%* -=* A&)-,-E,%* 8%* /5"(%R(=-,#'%&* ,%'* ),)4%"('* -=RD=%,'* "5='*

Q-#'5"'*&)Q)&%"/%M*

* :-* Q#"-"/%* '5,#8-#&%;* %(* A,='* A-&(#/=,#Y&%4%"(* ,%'* 3cdO:_>;* '@#"'/&#(* 8-"'* ,%*45=$%4%"(* 8%*

,@)/5"54#%* '5/#-,%* %(* '5,#8-#&%* 0_>>1M* 3%* 45=$%4%"(* &%A&)'%"(%* 8%'* 4#,,#%&'* 8@%"(&%A&#'%';* (&Y'*

8#$%&'%'*8-"'*,%=&'*&)-,#()';*-AA-&(%"-"(*K*8#QQ)&%"('*854-#"%'*%(*'%/(%=&'*0-,,-"(*8%*,@-/(#5"*'5/#-,%*

-=R* -/(#$#()'* Q#"-"/#Y&%'* %(* 8@-''=&-"/%'1;* 4-#'* A-&(-<%-"(* 8%'* /-&-/()&#'(#D=%'* %''%"(#%,,%'* b* ="*

A&5W%(* )/5"54#D=%* -=* '%&$#/%* 8%* ,@=(#,#()* '5/#-,%;* ="%* 4#'%* %"* q=$&%* )(S#D=%;* ="%* <5=$%&"-"/%*

8)45/&-(#D=%* %(* ="%* 8V"-4#D=%* 8%* 8)$%,5AA%4%"(* Q5"8)%* '=&* ="* -"/&-<%* (%&&#(5&#-,* %(* ="%*

45E#,#'-(#5"* /#(5V%""%M* 3%'* %"(&%A&#'%'* &)#"$%"(%"(* "5(-44%"(* ,%'* Q-m5"'* 8%* A&58=#&%* %(* 8%*

/5"'544%&M*

* :-* "5(#5"* 8%* 8)$%,5AA%4%"(* (%&&#(5&#-,* 8=&-E,%* '@#"'/&#(* D=-"(* K* %,,%* 8-"'* ="* /5"(%R(%* 8%*

(&-"'#(#5"* 8%'* A5,#(#D=%'* 8%* 8)$%,5AA%4%"(* 8=* (%&&#(5#&%M* O#"'#;* "5='* '544%'* A-'')'* 8%* ,5<#D=%'*

8%'/%"8-"(%'* K* -'/%"8-"(%'* ,5&'* 8%'* :5#'* 8%* 8)/%"(&-,#'-(#5"* 8%* FsrC* K* Fsra* D=#* 4-&D=Y&%"(*

,@-$Y"%4%"(* 8=* 8)$%,5AA%4%"(* ,5/-,;* A=#'* 8=* 8)$%,5AA%4%"(* 8=&-E,%M* 3%'* 4%'=&%'* 5QQ&%"(* 8%*

"5=$%,,%'* A%&'A%/(#$%'* 8%* 8)$%,5AA%4%"(;* '@-AA=V-"(* 8-$-"(-<%* '=&* ,%'* 'A)/#Q#/#()'* 8%* /S-D=%*

(%&&#(5#&%* 0S=4-#"%';* -4)"#()'* %(/M1* %(* ,%* &%'A%/(* 8%* ,@%"$#&5""%4%"(M* 3%'* 5&#%"(-(#5"'* 5"(* %=* 8%'*

#4A-/('* '#<"#Q#/-(#Q';* "5(-44%"(* '=&* ,%'* (%&&#(5#&%'* &=&-=R;* -$%/* ,-* 4#'%* %"* A,-/%* 8%* A5,#(#D=%'*

'A)/#Q#D=%';*A%&4%((-"(*"5(-44%"(*,@)4%&<%"/%*8%*(%&&#(5#&%'*8%*A&5W%(M*

* [-"'*/%((%*A-&(#%;*"5='*"5='*-((-/S%&5"'*K*45"(&%&*%"*D=5#*/%'*8%=R*(%"8-"/%';*/5"Q5&()%'*

/%'* (&%"(%*8%&"#Y&%'*-"")%';*A-&(#/#A%"(*K* &)A5"8&%*K*8%'*%"W%=R* (%&&#(5&#-=R*%(* '5/#-=R*/544="'M*

! FC*

*

OM*[%*,@-4)"-<%4%"(*8=*(%&&#(5#&%*-=*8)$%,5AA%4%"(*8=&-E,%*!

* [%'* -"")%'* FsZH* K* -=W5=&8@S=#* ,-* $#'#5"* 8%* ,@-4)"-<%4%"(;* A=#'* 8=* 8)$%,5AA%4%"(* 8%'*

(%&&#(5#&%';*%'(*A-'')%*8@="%* ,5<#D=%*8%'/%"8-"(%*K*="%* ,5<#D=%*-'/%"8-"(%M*]5='*A&5A5'5"'* #/#*8%*

&-AA%,%&*,-*/S&5"5,5<#%*8%*/%*/S-"<%4%"(*8%*A-&-8#<4%M*

FM*:@-4)"-<%4%"(*8=*(%&&#(5#&%;*,@-A-"-<%*8%*,@)(-(*

* :%*/5"/%A(*8@-4)"-<%4%"(*8=*(%&&#(5#&%*%'(*")*-=*'5&(#&*8%* ,-*>%/5"8%*d=%&&%*45"8#-,%M* c,*

'@-<#''-#(*8%%L%*&*8'+$)% 7<'=47,"+,+'5"%$"%4)5('"8$%;<,8+'('+#*%#85"5='9&$*C% '";&*+)'$77$*%5&%+$)+',')$*%

M!N%[)Q#"#*A-&*,%*8#/(#5""-#&%*/544%*j*7O,8+'5"%$+%7,%4),+'9&$%;$%;'*45*$)%,($8%5);)$C%?%+),($)*%7O$*4,8$%

;O&"%4,K*%$+%;,"*%&"$%('*'5"%4)5*4$8+'($C%7$*%P5==$*%$+%7$&)*%,8+'('+#*C%7$*%#9&'4$=$"+*%$+%7$*%=5K$"*%

;$%85==&"'8,+'5"%9&O'7*%4$&($"+%&+'7'*$)C%$"%4)$","+%$"%85=4+$%7$*%85"+),'"+$*%",+&)$77$*C%P&=,'"$*%

$+% #85"5='9&$*C% (5')$% *+),+#A'9&$** kB;* ,@-4)"-<%4%"(* 8=* (%&&#(5#&%* %'(* A%"')* 8-"'* ="%* ,5<#D=%*

8%'/%"8-"(%;* )4-"-"(* 8%* ,@_(-(* %(* 8%* ,@S)&#(-<%* 8@="%* $#'#5"* W-/5E#"%M* >#* /%((%* $#'#5"* 8%*

,@-4)"-<%4%"(* 8%'* (%&&#(5#&%'* %'(* &-A#8%4%"(* 8)/&#)%* A-&* 8#QQ)&%"('* -/(%=&';* ,%* /S-"<%4%"(* 8%*

A-&-8#<4%* #"(%&$#%"(* $)&#(-E,%4%"(* %"* FsrC* -$%/* ,@-/(%* c* 8%* ,-* 8)/%"(&-,#'-(#5"M* !"* &)%,* A5#8'* %'(*

-,5&'*85"")*-=R*/5,,%/(#$#()'*,5/-,%'*0K*,@)/S%,5"*&)<#5"-,*%(*8)A-&(%4%"(-,1*A-&*,-*8)Q#"#(#5"*8%*,%=&'*

/54A)(%"/%'* %(* 8%'* 85(-(#5"'* Q#"-"/#Y&%'* A,='* #4A5&(-"(%'* 085(-(#5"'* 8%* ,@_(-(* %(* Q#'/-,#()* ,5/-,%1M*

9%A&%"-"(*8Y'*,5&'*,%'*&L"%'*8%*,%=&'*A&5A&%'*A5,#(#D=%'*8%*8)$%,5AA%4%"(;*,%*A-''-<%*K*="%*,5<#D=%*

A,='*-'/%"8-"(%;*8=*,5/-,*-=*<,5E-,;*%'(*-85A()*A-&*,%'*/5,,%/(#$#()'*(%&&#(5&#-,%'M**

CM*[%*,-*"-#''-"/%*8=*8)$%,5AA%4%"(*,5/-,*-=*8)$%,5AA%4%"(*8=&-E,%*

* _"*7&-"/%;* ,%'*-"")%'*FsoH*'5"(*4-&D=)%'*A-&*="%*/&#'%*)/5"54#D=%*%(* #"'(#(=(#5""%,,%*D=#*

-=&-* A5=&* %QQ%(* 8%* E5='/=,%&* ,%'* 458%'* 8@-/(#5"* 8%'* A5,#(#D=%'* 8@-4)"-<%4%"(M* [Y'* ,%'* -"")%'*

FsrH;* ,%'*A&%4#Y&%'* ,5#'*%(*4%'=&%'*8%*8)/%"(&-,#'-(#5"* '5"(*A&#'%'M*!"*"5=$%-=*458Y,%*$-*"-X(&%;*

A,='*'5=/#%=R*8%'*'A)/#Q#/#()'*8%'*(%&&#(5#&%'*,5/-=R*'=&*,%'D=%,'*'@-AA=#%&5"(*,%'*A&5W%('*8%*(%&&#(5#&%M**

.-&(#&* 8=* ,5/-,* %(* #4A,#D=%&* ="%* 8#$%&'#()* 8@-/(%=&';* /@%'(* -#"'#* D=%* ,@-AA&5/S%* 8=* A&5W%(* /S%&/S%* K*

/5"'(&=#&%*="%*$#'#5"*%(*="*458%*8@-/(#5"*<,5E-,*%(*(&-"'$%&'-,*'=&*,@%"'%4E,%*8=*(%&&#(5#&%*85"");*%(*

/@%'(* '5='* ,%* (%&4%* 8%* j*8)$%,5AA%4%"(* ,5/-,*k* D=%* '%&5"(* &%<&5=A)%'* /%'* -AA&5/S%'* 0^S)$%"%(;*

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!A*O''%4E,)%*]-(#5"-,%;*&=E&#D=%*j*?#'(5#&%*%(*A-(&#45#"%*k;*085/=4%"(*%"*,#<"%;*/5"'=,()*,%*CHFI6HZ6FC1;*S((AbyygggM-''%4E,%%6"-(#5"-,%MQ&yS#'(5#&%y8%/%"(&-,#'-(#5"M-'A*0/5"'=,()*,%*CF*W=#,,%(*CHFa1**G*B_9:c]*.;*[#/(#5""-#&%*8%*,e=&E-"#'4%*%(*8%*,e-4)"-<%4%"(;*.-&#';*.!7*aY*)8;*CHHH;*sHC*AM**

! Fa*

CHHr1M**

j*3$%;#($7544$=$"+%758,7%"<$*+%4,*%7,%8)5'**,"8$C%8<$*+%&"%=5&($=$"+%8&7+&)$7C%#85"5='9&$C%*58',7%9&'%

+$";% ?% ,&A=$"+$)% 7$% 6'$"1Q+)$% ;<&"$% *58'#+#N% R7% ;5'+% 85==$"8$)% ,&% "'($,&% 758,7% $+% *$% 4)54,A$)% ,&%

"'($,&%*&4#)'$&)N% R7%;5'+%(,75)'*$)% 7$*%)$**5&)8$*%4,)%$+%45&)% 7$*%A)5&4$*%9&'%588&4$"+%8$%+$))'+5')$N% R7%

;5'+%Q+)$%A756,7%$+%=&7+';'=$"*'5""$7*k?M**

.5=&* ?=<=%* 8%* P-&#"%9;* (5=(* 8)$%,5AA%4%"(* ,5/-,* D=#* '@%QQ%/(=%* 8-"'* ,-* 8=&)%* 85#(* '@-AA=V%&* 8%*

Q-m5"* )D=#,#E&)%* '=&* (&5#'* A#,#%&'*b* ,-* /5,,%/(#$#();* ,-* /544="-=()* %(* ,%* '%/(%=&* )/5"54#D=%M* .-&*

/5,,%/(#$#();* #,* %"(%"8* ,@%"'%4E,%* 8%'* A5=$5#&'* D=#* &%,Y$%"(* 8%* ,-* ,)<#(#4#()* 8)45/&-(#D=%* 0,%'*

/544="%';* ,%'* <&5=A%4%"('* #"(%&/544="-=R;* ,%'*8)A-&(%4%"(';* ,%'* &)<#5"';* ,@U(-(* %(* '%'* '%&$#/%'*

8)/5"/%"(&)'1p* A-&* /544="-=();* ,@%"'%4E,%* 8%'* A%&'5""%'* D=#;* '=&* ="* (%&&#(5#&%* 85"");* '%*

&%/5""-#''%"(* /544%* A-&(-<%-"(* 8%'* $-,%=&';* 8%'* &%'A5"'-E#,#()';* 8%'* 8#QQ#/=,()'*%(* A-&* '%/(%=&*

)/5"54#D=%;*,@%"'%4E,%*8%'*-/(%=&'*8%*,-*$#%*)/5"54#D=%*,5/-,%*b*%"(&%A&#'%';*-&(#'-"';*/544%&/%*%(*

'%&$#/%';*%4A,5V%=&'*A=E,#/'*%(*A&#$)'MG***

O#"'#;*/%((%*"5(#5"*&%/5=$&%*8#QQ)&%"('*'%"'*D=%*z-$#%&*d&%QQ%*&)'=4%*$#-*="%*85=E,%*-"-,V'%*8%*/%((%*

%RA&%''#5"*b*j*S5&)%7$*%&"*C%$77$%=,"'J$*+$%7$%;#*')%;<#('+$)%9&$%7,%A756,7'*,+'5"%"$%(';$%7$*%+$))'+5')$*%

;$%7$&)%';$"+'+#%$+%;$%7$&)%*&6*+,"8$N%S5&)%;<,&+)$*C%$77$%+),;&'+%7,%(575"+#%;<,&A=$"+$)%7<$JJ'8,8'+#%;$*%

457'+'9&$*%;$%;#($7544$=$"+%$"%7$*%),44)58P,"+%,&%47&*%4)H*%;$*%,8+$&)*%85"8$)"#**k3HM**

+%&"-&8* .%/D=%=&* A&)/#'%* D=%* ,%* 8)$%,5AA%4%"(* ,5/-,* 85#(* L(&%* j* 8=&-E,%* k;* /@%'(6K68#&%* D=@#,* 85#(*

j*)$";)$%85=4,+'67$%7,%)$"+,6'7'+#%#85"5='9&$%$+%7,%(',6'7'+#%#8575A'9&$%$+%;#=5A),4P'9&$C%;,"*%&"$%

4$)*4$8+'($%?%7,%J5'*%;$%85&)+%$+%;$%75"A%+$)=$*k33M*3%((%*8)Q#"#(#5"*Q-#(*&)Q)&%"/%*K*="*/5"/%A(*D=#*%'(*

-,5&'*%"* (&-#"*8@)4%&<%&* ,%*j*8)$%,5AA%4%"(*8=&-E,%*kM* :%*A&%4#%&* '544%(* '=&* ,@%"$#&5""%4%"(*K*

,#%=*%"*FsoC*0?=<5(;*CHFa1*5n*'%&-*A&5"5"/)%*,-*/),YE&%*Q5&4=,%*8%*9%")*[=E5'*j*A%"'%&*<,5E-,;*-<#&*

,5/-,*kM*

.5=&* 3S-''-<"%* 0FsrI1;* ,%* 8)$%,5AA%4%"(* ,5/-,* j*$*+% A756,7% 5&% '"+#A)#C% $";5AH"$C% ?% ;K",='9&$%

,*8$";,"+$N% R7% (,75)'*$% 7<'"J'"'$% ;'($)*'+#% ;$*% )$**5&)8$*% 4PK*'9&$*% $+% P&=,'"$*% ;$*% +$))'+5')$*N% R7%

*+'=&7$%7<'=,A'",+'5"%$+%7<'""5(,+'5"N%R7%$*+%J5";#%*&)%7$%)$J&*%;$%7<,6*&);$C%8<$*+1?1;')$%;$%7,%=5)+%;$%

4$+'+$*%)#A'5"*%9&'%5"+%+5&+%45&)%('()$%MN*3%/#* Q%&-*)/S5*-=R*(&-"'Q5&4-(#5"'*D=#*'@-45&/%&5"(*8-"'*

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!o*U(-('*<)")&-=R*8%'*.-V';*BJ/5";*W=#"*FsrC**r*[_*PO9c]_*?=<=%';*j*:@)/5"54#%*'5,#8-#&%*'=&*,%*/S-4A*k;**9%$=%*^%&&#(5#&%';*"{aGr;*4-#*FssG*s*^?UP_]_^*954-#";*4)45#&%*j*(%&&#(5#&%*8%*A&5W%(*%"*4#,#%=*&=&-,*k;*W=#"*CHHr;*085/=4%"(*%"*,#<"%;*/5"'=,()*,%*CHFI6HZ6Hr1;*S((AbyygggM%"'/#M/54y=A,5-8'y4%8#-y4%45#&%|&54-#"|(S%$%"%(|/-S#%&6FMA8Q*3H*d9_77_*z-$#%&;*:%*8)$%,5AA%4%"(*,5/-,;*_8#(#5"'*8%*,@O=E%;*CHHC;*AMo**FF*._3h!_!9*+%&"-&8;*:%*8)$%,5AA%4%"(*,5/-,*b*A5=&*="%*)/5"54#%*8%'*(%&&#(5#&%';*>V&5'CY;*)8;*CHHH;*AMFI**

! FI*

,%'*(%&&#(5#&%'*&=&-=RM*

aM*!"*/S-"<%4%"(*8%'*458Y,%'*8%*8)$%,5AA%4%"(*-<&#/5,%*%(*&=&-,*

* [-"'*,%'*-"")%'*8@-A&Y'*<=%&&%;*,%*45"8%*&=&-,*'%*&)'=4%*-$-"(*(5=(*-=*45"8%*-<&#/5,%M*:%'*

j*^&%"(%* d,5&#%='%'*k* 85""%"(* ,#%=* K* ="%* j*458%&"#'-(#5"*k* 8%* ,-* '5/#)()* D=#* '%* (&-8=#(* 8-"'* ,%*

'%/(%=&*-<&#/5,%*A-&*="%* ')&#%*8%* &%'(&=/(=&-(#5"'* b*AS)"54Y"%*8%* /5"/%"(&-(#5";* 'A)/#-,#'-(#5"*%(*

#"(%"'#Q#/-(#5"*8%'*Q-/(%=&'*8%*A&58=/(#5";*0%"(&%*-=(&%'*,-*(%&&%;*,%*(&-$-#,;*,%*/-A#(-,1M*>@-45&/%*="%*

#"(%"'#Q#/-(#5"* '=&* ,-* E-'%* 8=* /-A#(-,* %"* -//)8-"(* K* ,-* 4)/-"#'-(#5"* %(* K* ,-* /S#4#'-(#5"* 0#"(&-"('1*

0:%"-#";*CHFF1M*:%'*/5"(%'(-(#5"'*8%*/%*458Y,%*A&58=/(#$#'(%*'@#"(%"'#Q#%&5"(*8-"'* ,%'*-"")%'*FsoH;*

'=&*Q5"8*8%*/&#'%M*:%*458Y,%*-<&#/5,%*'@5&#%"(%&-*-,5&'*$%&'*8%*"5=$%-=R*458Y,%'*8%*8)$%,5AA%4%"(;*

A&%"-"(*%"*/54A(%*,-*8#$%&'#()*8%'*'V'(Y4%'*%(*,%=&*/54A,)4%"(-&#()*-#"'#*D=%*,@),-&<#''%4%"(*K*8%*

"5=$%,,%'* Q5"/(#5"'* 0-//=%#,;* '%&$#/%';*%"$#&5""%4%"(1*:-* Q-m5"*8@%"$#'-<%&* ,%'* (%&&#(5#&%'* &=&-=R*%(*

,%=&'*"5=$%,,%'*Q5"/(#5"'*Q%&-*-=''#*5QQ#/%*8%*&%"5=$%-=M**

*

H7F3),!Q!+,='3),!-(6(4',!:,-!,-8(=,-! )3)(3K! B!193)=,! I!*()7,B#44,!+,4(742! 'RS-,!-3)! 5,-!%L0! 746,4'76,-!,4!

<757,3!)3)(52!TUQQ!

*

>=#(%*K*,-*8)/%"(&-,#'-(#5";*/544%*8-"'*,@%"'%4E,%*8%'*(%&&#(5#&%';*,%*45"8%*&=&-,*$%&&-*'=//)8%&*-=*

458Y,%* (&-8#(#5""%,* 8@-4)"-<%4%"(* 8=* (%&&#(5#&%* %(* 8@-4)"-<%4%"(* &=&-,* 8%'* $#'#5"'* A,='*

-'/%"8-"(%'* A&5A5')%'* A-&* ,%*458Y,%* 8=* 8)$%,5AA%4%"(* ,5/-,* %(;* '5='* ,@#"Q,=%"/%* 8%'* )$5,=(#5"'*

'5/#)(-,%';* ,%*458Y,%*8=*8)$%,5AA%4%"(* (%&&#(5&#-,*8=&-E,%M*.,='#%=&'*4%'=&%'* $#%"8&5"(*-,#4%"(%&*

/%* /5"/%A(* 8%* 8)$%,5AA%4%"(* ,5/-,;* '(#4=,-"(* ,@#""5$-(#5"* ,5/-,%* %(* #"/#(-"(* ,%'* (%&&#(5#&%'* K*

'@5&<-"#'%&M*:-*/&)-(#5"*8%'*.-&/'*"-(=&%,'*&)<#5"-=R;*%"*FsGo*p*,%'*A&5<&-44%'*%=&5A)%"';*,%*7_[_9*

%"* FsoZ* 0E-')* '=&* ="%* A5,#(#D=%* &)<#5"-,#')%1;* A5=&* Q-#&%* Q-/%* -=R* #")<-,#()'* %(* Q-$5&#'%&*

! FZ*

,@),-&<#''%4%"(* A&5<&%''#Q* 8%* ,-* 3544="-=();* A=#'* A,='* (-&8;* ,%'* .c3* 0.&5<&-44%'* 8@c"()&L(*

3544="-=(-#&%1;*(%,*D=%*:_O[_9*$#'-"(*,%*'5=(#%"*-=R*A&5W%('*8%*8)$%,5AA%4%"(*&=&-,M*

^&5#'*),)4%"('*D=#*8)Q#"#''%"(*="*.-V'b*

6 3$%S,K*%"<$*+%"'%&"$%8')85"*8)'4+'5"%,;='"'*+),+'($%"'%&"$%"5&($77$%8577$8+'('+#%758,7$N%R7%"<$*+%

4,*% +$"&% ;$% )$*4$8+$)% 7$*% 7'='+$*% ,;='"'*+),+'($*C% 8,"+5"*C% ,))5";'**$=$"+*% 5&%

;#4,)+$=$"+*N%

6 3$%S,K*%"$%85"8$)"$%4,*%*$&7$=$"+%7$*%$*4,8$*%)&),&:N%3<&"%;$*%56I$8+'J*%4)'"8'4,&:%;$*%4,K*%

#+,"+%;$%)$"J5)8$)%7$*%*57';,)'+#*%$+%7$*%85=47#=$"+,)'+#*%$"+)$%$*4,8$*%)&),&:%$+%&)6,'"*C%'7%

;5'+%*<5)A,"'*$)%;,"*%&"$%)$8P$)8P$%;$%85=47#=$"+,)'+#%('77$18,=4,A"$N%

6 3$%S,K*%$*+%&"%+$))'+5')$%;$%4)5I$+N%3$%4)5I$+C%;#J'"'%4,)%7<$"*$=67$%;$*%,8+$&)*C%$*+%&"%4)5I$+%

A756,7% 9&'% J':$% ;$*% 56I$8+'J*C% #7,65)$% ;$*% *+),+#A'$*% $+% 5)A,"'*$% 7<,8+'5"% $"% J5"8+'5"% ;$*%

8,),8+H)$*%$+%;$*%6$*5'"*%;$*%+$))'+5')$*N%3$%4,K*%9&'%"<,C%4,)%;#J'"'+'5"C%,&8&"$%85=4#+$"8$C%

,%(58,+'5"%?%$"('*,A$)%7$%;#($7544$=$"+%;$%*5"%+$))'+5')$%;$%=,"'H)$%A756,7$N*FC*

*

_"*FssG;*,-*[)/,-&-(#5"*8%*35&`*#"'/&#(*,%*j*8)$%,5AA%4%"(*#"()<&)*k*8-"'*="%*A&5E,)4-(#D=%*&=&-,%M*

:%'* 8#'A5'#(#Q'* %(* ,%'* )/S%,,%'* 8@-/(#5"* /5"(#"=%&5"(* K* '%* 4=,(#A,#%&*j*8P,)+$*% ;$% S,)8*% T,+&)$7*%

U#A'5",&:C% 85"+),+*%;$%S,K*C% 8P,)+$*% '"+$)85==&",7$'*kM* c,'* '%&5"(* '=#$#'* 8-"'* ,%'* -"")%'*CHHH*8=*

8)$%,5AA%4%"(* 8%'* 8)4-&/S%'* A-&(#/#A-(#$%'* '=&* ,%'* (%&&#(5#&%'* 08%* 4-"#Y&%* A,='* 5=* 45#"'*

$5,5"(-&#'(%1M* >%,5"* ,%* :#$&%* E,-"/* /#(5V%"* 8=* 8)$%,5AA%4%"(* ,5/-,* %(* 8%* ,-* 8)/%"(&-,#'-(#5"3;;* ,%*

45=$%4%"(* 8=* 8)$%,5AA%4%"(* ,5/-,;* %"* &%A5'-"(* '=&* ,-* 45E#,#'-(#5"* '5/#-,%;* -* (&Y'* ,-&<%4%"(*

/5"(&#E=)*K*8)$%,5AA%&*,@%"<-<%4%"(*8)45/&-(#D=%*%(*,@%RA%&(#'%*8%'*/#(5V%"'M*c,*-*-#"'#* #"$%"()*8%*

4=,(#A,%'*Q5&4%'*8%*(&-$-#,*%"*/544="*A5=&* ,-*/5"'(&=/(#5"*%(* ,-*<%'(#5"*8%'*A&5W%('*8%*A&5R#4#();*

(5=(*/544%*#,*-*%RA)&#4%"()*(5='*,%'*45V%"'*8%*'='/#(%&*8%'*8)E-('*,5/-=R;*8%'*-&E#(&-<%'*/5,,%/(#Q';*

8%'*&%/S%&/S%'*A-&(#/#A-(#$%'*8%*/5"'%"'='M**

* O=W5=&8@S=#;* ,%'* A5,#(#D=%'* 8%* 8)$%,5AA%4%"(* '@#"'/&#$%"(* (5=W5=&'* 8-"'* /%((%* $5,5"()* 8%*

/&)-(#5"*8%* &#/S%''%'* 0'5/#-,%';* %"$#&5""%4%"(-,%';* )/5"54#D=%';* /=,(=&%,,%'1;*8-"'*="* &%'A%/(*8%'*

,#%=R*%(*8%'*S544%';*%"*'@-AA=V-"(*'=&*,-*8#$%&'#()*8%'*(%&&#(5#&%'*%(*'=&*,%'*Q5&/%'*$#$%"(*D=#*,%'*Q5"(*

$#$&%* j*V5&I5&)*% =,)9&#% 4,)% *5"% P'*+5')$% ,A)'857$C% 7,% 457'+'9&$% ;$% ;#($7544$=$"+% )&),7% 4,**$%

,&I5&);<P&'%4)'"8'4,7$=$"+%4,)%;$*%457'+'9&$*%;#8$"+),7'*#$*%$+%+$))'+5)',7'*#$*%J,'*,"+%*5&($"+%7<56I$+%

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!FC*^?UP_]_^*954-#";*j*(%&&#(5#&%*8%*A&5W%(*%"*4#,#%=*&=&-,*k;*W=#"*CHHr;*AMZI;*085/=4%"(*%"*,#<"%;*/5"'=,()*,%*CHFI6FH6FH1;*S((AbyygggM%"'/#M/54y=A,5-8'y4%8#-y4%45#&%|&54-#"|(S%$%"%(|/-S#%&6FMA8Q*Fa*:#$&%*E,-"/*/#(5V%"*8=*8)$%,5AA%4%"(*,5/-,*%(*8%*,-*8)/%"(&-,#'-(#5";*!]O[_:*y*O[_:>;*CHFH*

! FG*

;$%85"+),8+&,7'*,+'5"*% D,44$7*%?%4)5I$+%SWU/.%4,)%$:$=47$FN%X$*%85"+),8+&,7'*,+'5"*%*5"+%6,*#$*%*&)%

;$*%;',A"5*+'8*%;$%+$))'+5')$*%$+%J5"+%7<56I$+%;$%85"+)B7$*%$+%;<#(,7&,+'5"**k3>M*

IM*!"%*-AA&5/S%*(S)5&#D=%*8=*/5"/%A(*8%*j*8)$%,5AA%4%"(*(%&&#(5&#-,%*8=&-E,%*k*

* .5=&* NM6.* [%QQ5"(-#"%'* %(* >M* :-&85"* 0CHHF1* ,%* 8)$%,5AA%4%"(* (%&&#(5&#-,* 85#(* L(&%* /54A&#'*

/544%*j%7<,&A=$"+,+'5"%;$%7,%8,4,8'+#%;$*%,8+$&)*%?%=,Y+)'*$)%7$*%4)58$**&*%9&'%7$*%85"8$)"$"+%kM*

* 3%((%*-AA&5/S%*4%(*%"*-$-"(*,@#4A5&(-"/%*8%'*,5<#D=%'*8@-/(%=&'*%(*8%'*,5<#D=%'*8%*&)'%-=R*

0A%&4%((-"(*,-*(&-"'4#''#5"*8%*,@#"Q5&4-(#5";*,-*45E#,#'-(#5"*8=*/-A#(-,;*8%'*'-$5#&6Q-#&%1;*/@%'(*,@#8)%*

D=@="*(%&&#(5#&%*A%=(*A&58=#&%*8=*8)$%,5AA%4%"(*'%,5"*,-*4-"#Y&%*85"(*,%'*-/(%=&'*D=#*'@V*(&5=$%"(*

'%* 4%((%"(* %"* &%,-(#5";* '%* /55&85""%"(* %(* '@#"'/&#$%"(* 8-"'* ="%* 8V"-4#D=%* /5,,%/(#$%* 09#%=(5&(;*

CHFH1M* .5=&* /%* 4L4%* -=(%=&;* ,%* 8)$%,5AA%4%"(* (%&&#(5&#-,* j*8=&-E,%*k* j*85=4)'*% 85==$%

7<,88)5'**$=$"+% ;$*% )'8P$**$*% ,**58'#% ?% 7,% 4)#*$)(,+'5"% ;$% 7<$"(')5""$=$"+% $+% ?% 7<,=#7'5),+'5"% ;$*%

85";'+'5"*%;$%('$%k;*'=AA5'%**(&5#'*/S5'%'*b*

! ="*A&5/%''='*8%*8#QQ='#5"*8%'*&#/S%''%'*%(*8%'*#""5$-(#5"'*p*

! ="* &%/5=&'* -=R* A5(%"(#-,#()'* ,5/-,%';* -=R* -4)"#()';* -=R* &%''5=&/%'* %"$#&5""%4%"(-,%';*

/=,(=&%,,%';*'5/#-,%';*)/5"54#D=%'*p*

! ="%*4-X(&#'%*-//&=%*A-&*,-*'5/#)()*,5/-,%*%"*,#%"*-$%/*8@-=(&%'*-/(%=&'*#"'(#(=(#5""%,'*

:%*8)$%,5AA%4%"(*(%&&#(5&#-,*8=&-E,%*/@%'(*-#"'#*j*&"%$"*$=67$%;$%4)58$**&*%4,)%7$*9&$7*%7$%+$))'+5')$%

*$%+),"*J5)=$C%,&%*$"*%;$%Z&=&8P',"%D-...FC%85==$%;#($7544$=$"+%#85"5='9&$%6,*#%"5+,==$"+%

*&)% 7,% (,75)'*,+'5"% ;$*% )$**5&)8$*% 758,7$*C% =,'*% ,&**'% 85==$% ;#($7544$=$"+% *58',7% $+% 8&7+&)$7% D['%

\#5C%-../F%$+%#8575A'9&$=$"+%*5&+$",67$%M%D3$",'"C%-.//FN*

*

* ]5='*$5V5"'*-#"'#*'@-45&/%&*="%*"5=$%,,%*Q-m5"*8@-AA&)S%"8%&*,@-4)"-<%4%"(*8=*(%&&#(5#&%*

8-"'* ="%* ,5<#D=%* A,='* -'/%"8-"(%;* '@-AA=V-"(* 8-$-"(-<%* '=&* ,%'* &%''5=&/%'* 8%'* (%&&#(5#&%'M* 3%'*

8#'A5'#(#Q'*%RA5'%"(*="%*$5,5"()*8@-//54A-<"%&*%(*8@#"/#(%&*,-*'5/#)()*/#$#,%*K*'@#4A,#D=%&*8-$-"(-<%*

8-"'*,%'*<&-"8%'*5&#%"(-(#5"'*8=*8)$%,5AA%4%"(*(%&&#(5&#-,M*[-"'*,-*/5"(#"=#()*8%*/%*45=$%4%"(*%(*

Q-/%* -=R* %"W%=R* '5/#)(-=R* -/(=%,';* ,-* "5(#5"* 8%* t8)$%,5AA%4%"(* 8=&-E,%t* A&%"8* 8-$-"(-<%*

8@#4A5&(-"/%*8-"'*,-*&)Q,%R#5"*'=&*,%*8)$%,5AA%4%"(*8%'*(%&&#(5#&%'M*>#*,%'*%"W%=R*%"$#&5""%4%"(-=R*

)(-#%"(*8)WK*A&#'*%"*/54A(%*8-"'*,%*45=$%4%"(*8=*8)$%,5AA%4%"(*,5/-,*0"5(-44%"(*-=*(&-$%&'*8%'*

.-&/'*]-(=&%,'*9)<#5"-=R;*85()'*8%*/S-&(%'*8)/&#$-"(* ,%'*%"<-<%4%"('*%"*4-(#Y&%*8%*A&5(%/(#5"*%(*

8%*$-,5&#'-(#5"*8%*,-*"-(=&%1;*,%*8)$%,5AA%4%"(*8=&-E,%*$-*A,='*,5#"M*c,*A&5A5'%*="*A&5W%(*8%*(%&&#(5#&%*

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!FI*:_]Oc]*B-&#%6O""%*j*[K",='9&$*%$+%,885=4,A"$=$"+%;$*%VSW%'"($"+'($*%$"%$*4,8$%)&),7%'*57#%>%W"+)$%

+$))'+5')$*%$+%)#*$,&:%>%3O$:$=47$%$"%X#],77'$)C%X5=6),'77$*%$+%\'77$(,8P$*%k;*(SY'%*8%*<)5<&-AS#%;*="#$%&'#()*+,-#'%*.-'/-,*2*3,%&45"(67%&&-"8;*AMCI*

! Fo*

<,5E-,;**,-&<%4%"(*/%"(&)*'=&*,@%"$#&5""%4%"(;*4-#'*-''5/#-"(*8%=R*-=(&%'*A#,#%&';*,@)/5"54#D=%*%(*,%*

'5/#-,M* 3%((%* A%&'A%/(#$%;* -''5/#)%* K* ="%* 8)4-&/S%* 8%* A-&(#/#A-(#5"* 8%'* A-&(#%'* A&%"-"(%'* %(* K*

,@*j*%4A5g%&4%"(*k* 8%'* A5A=,-(#5"';* 8-"'* ,-* ,#<")%* 8=* 8)$%,5AA%4%"(* ,5/-,;* 85#(* A%&4%((&%* j*&"%

;#($7544$=$"+% 9&'% )#45";%,&:% 6$*5'"*% ;&% 4)#*$"+% *,"*% 85=4)5=$++)$% 7,% 8,4,8'+#% ;$*% A#"#),+'5"*%

J&+&)$*%?%)#45";)$%,&:%7$&)*%k*0d&5*?-&,%4*+&="8(,-"8;*.&%4#%&*B#"#'(&%*"5&$)<#%";*Fsro1*[=&-"(*,-*

4L4%*A)&#58%;*8=*/i()*8%*,-*'5/#)()*/#$#,%;*<-&-"(*8@="*8)$%,5AA%4%"(*)/5"54#D=%*'5=(%"-E,%;*="*

-=(&%*45=$%4%"(*'@%'(*'(&=/(=&);*/%,=#*8%*,@)/5"54#%*'5/#-,%*%(*'5,#8-#&%M*

! Fr*

+M*:@)/5"54#%*'5/#-,%*%(*'5,#8-#&%;*="*-/(%=&*8=*8)$%,5AA%4%"(*(%&&#(5&#-,*u*!

_"*A-&-,,Y,%*8%'*(&-"'Q5&4-(#5"'*8%'*A5,#(#D=%'*8=*8)$%,5AA%4%"(*(%&&#(5&#-,;*="*-=(&%*45=$%4%"(*

A5&()*A-&*,%'*S-E#(-"('*8%'*(%&&#(5#&%'*/5"/%&")'*$5#(*,%*W5=&;*/%,=#*8%*,@)/5"54#%*'5/#-,%*%(*'5,#8-#&%*

0_>>1*

OQ#"*8%*E#%"*/54A&%"8&%*/%*D=%*&%/5=$&%*,%*(%&4%*j*_>>*k;*#,*%'(*#4A5&(-"(*8%*&-AA%,%&*,@S#'(5#&%*8%*

"5"*A-'*=";*4-#'*8%*8%=R*45=$%4%"('M**

FM*:-*"-#''-"/%*8%*,@)/5"54#%*'5/#-,%*

:-* 9)$5,=(#5"* 7&-"m-#'%* A5&(%* %"* '5"* '%#"* ,%'* /5"8#(#5"'* 8@#"'(-,,-(#5"* 8=* ,#E)&-,#'4%* )/5"54#D=%;*

-$%/* ,@#8)%*8%* /5"(&-(;* 8%*4-&/S)*-=(5&)<=,-(%=&;* Q5"8%4%"(*4L4%*8%* ,-* '5/#)()* #"8#$#8=-,#'(%*%(*

S5"5&)*A-&*,%*A&#"/#A%*8%*/5"/=&&%"/%;*&%A&)'%"()*A-&*,@#,,='(&%*4)(-AS5&%*8%*,-*Q-E,%*8%'*-E%#,,%'*8%*

B-"8%$#,,%;* j*&))8#(%&*k* -$%/* ,-* /),YE&%* j*4-#"* #"$#'#E,%*k* 8@O8-4* >4#(S* p* :-#''5"'* /5=&#&* ,%'* $#/%'*

A&#$)';* /-&* ,-* &%/S%&/S%* 8%* ,@#"()&L(* #"8#$#8=%,* /5"/5=&(* K* ,@#"()&L(* <)")&-,* %(* K* ,-* A&5'A)&#()*

)/5"54#D=%M* :-*9)$5,=(#5"* ,#E)&-,%*%(* #"8='(&#%,,%* %'(* %"* /5=&';* )&-8#D=-"(* '=&* '5"*A-''-<%* (5=(%'*

(&-/%'* 8%* /5&A'* #"(%&4)8#-#&%'* %"(&%* ,@U(-(* %(* ,%*4-&/S)* 0Ov-4;* CHFC1M* [@-E5&8* ,%'* /5&A5&-(#5"'3A;*

#"(%&8#(%'* %"* FosF* A-&* ,-* ,5#* :%* 3S-A%,#%&;* 'V4E5,#D=%* 8%* ,@-"/#%"* &)<#4%;* 4-#'* -=''#* (5=(%'*

5&<-"#'-(#5"'*-''5/#-(#$%';*A-(&5"-,%'*5=*'-,-&#-,%'*-E5,#%'*A%"8-"(*,-*D=-'#6(5(-,#()*8=*zcz%*'#Y/,%M*:-*

"-#''-"/%*8%* ,-* /,-''%*5=$&#Y&%* %'(* -//54A-<")%*8%* ,@)4%&<%"/%*8%* ,-* D=%'(#5"* '5/#-,%;* &%"Q5&/)%*

A-&*,%'*$-,%=&'*"5=$%,,%'*8@)<-,#()*8%'*8&5#('*%(*8%*A&5<&Y';*Q-/%*K*="*A-=A)&#'4%*<&-"8#''-"(*8-"'*,%'*

$#,,%'M*:@)/5"54#%*'5/#-,%;*'%*/5"'(&=#&-*%"*8%=R*(%4A';*-//54A-<"-"(*,%*,5"<*%(*(=4=,(=%=R*/S%4#"*

$%&'*,-*8)45/&-(#%;*&)'=,(-(*8%*,=((%'*'5/#-,%'M**

!"*A&%4#%&*45=$%4%"(*'@-45&/%*-$%/*,@-AA-&#(#5"*8=*(%&4%*j*)/5"54#%*'5/#-,%*k;*")*'5='*,-*

A,=4%*8%* ,@)/5"54#'(%* ,#E)&-,* 3S-&,%'*[="5V%&'M* 3S5D=)*A-&* ,@)(-(*ASV'#D=%*%(*45&-,* 8%'*5=$&#%&'*

A&5$5D=)* A-&* ,%* /-A#(-,#'4%* #"8='(&#%,;* #,* Q5"8%* %"* FraC* ,-* >5/#)()* 8@)/5"54#%* A5,#(#D=%;* -Q#"* 8%*

A5=$5#&* &)Q,)/S#&* K* ,-* &)/5"/#,#-(#5"* 8%* ,@)/5"54#%* %(* 8%* ,-* 45&-,%M* O#"'#* ="%* A&%4#Y&%* $-<=%* 8%*

,@)/5"54#%* '5/#-,%* A&%"8* Q5&4%* '5='* ,-* /5=A%* 8%* 4)8%/#"';* 8@)/5"54#'(%';* 8%* '-$-"(';* 8%*

AS#,-"(S&5A%';* 8@SV<#)"#'(%* %(* 8%* /S&)(#%"'* '5/#-=R;* D=#* '@)$%&(=%"(* K* 45&-,#'%&* ,-* '5/#)()* %(*

,@)/5"54#%*'-"'*A5=&*-=(-"(*)4%((&%*8%*&%4#'%*%"*/-='%*A&5Q5"8%*8%*,@5&8&%*'5/#-,M*

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!FZ*f&<-"#'-(#5"'*8%*4)(#%&'*D=#*&)<#''-#%"(*,%'*&Y<,%'*8@="%*A&5Q%''#5"*%(*)&-8#D=-#%"(*-#"'#*,-*D=%'(#5"*8%*,-*/5"/=&&%"/%*

! Fs*

!"%* 8%=R#Y4%* )/5"54#%* '5/#-,%* $-* "-X(&%* %"(&%* FraH* %(* FrIr;* 4-&<#"-,#'-"(* ,-* A&%4#Y&%;*

$%"-"(* /%((%* Q5#'6/#* 8%'* 5=$&#%&'* %=R64L4%';* 8)/#8)'* K* /54A(%&* '=&* ,%=&'* A&5A&%'* Q5&/%'* %(* K*

/55A)&%&* A,=(i(* D=@K* '%* /5"/=&&%"/%&M* B54%"(* 8%* <&-"8%* )4=,-(#5"* '5/#-,%* %(* #"(%,,%/(=%,,%;* ,%*

'5/#-,#'4%*-''5/#-(#5""#'(%*'%*8)$%,5AA%;*#"'A#&)*A-&*8%'*A%"'%=&'*(%,'*D=%*.6N*.&5=8S5"*5=*3S-&,%'*

75=&&#%&M*:%'*'5/#)()'*8%*'%/5=&'*4=(=%,*'%*(&-"'Q5&4%"(*%"*'5/#)()*8%*&)'#'(-"/%*%(*8%*,=((%*A5=&*,%'*

8&5#('* 8%'* (&-$-#,,%=&'M* FrIr* $5#(* ,@-$Y"%4%"(* 8%'* -''5/#-(#5"'* 5=$&#Y&%'* 8%* A&58=/(#5"* %(* 8%*

/5"'544-(#5";*(%"=%'*A-&* ,%*A&#"/#A%*8)45/&-(#D=%*="%*A%&'5""%*}*="%*$5#RM*3%((%*A)&#58%*%'(* ,%*

'V4E5,%* 8%* ,-* /5"(%'(-(#5"* /5,,%/(#$%* 5=$&#Y&%* 8=* /-A#(-,#'4%* #"8='(&#%,* %(* 8=* 'V'(Y4%* '-,-&#-,M* :-*

&)A5"'%*8=*A%=A,%*K*,-*D=%'(#5"*'5/#-,%*'%&-*,@#8)%*8@="%*A&5A&#)()*/5,,%/(#$%*8%*,@5=(#,*8%*A&58=/(#5"M*

_"*7&-"/%;*/%*'%&5"(*8-$-"(-<%*8%'*/55A)&-(#$%'*8%*A&58=/(#5"*D=#*'%*8)$%,5AA%&5"(;*85"(*/%&(-#"%'*

%4E,)4-(#D=%'* /544%* ,@O(%,#%&* 0FrIH6FrZH1;* 5=* ,%'* E#W5=(#%&'* %"* 85&)'* 0FraI6Froa1* #''='* 8%'*

(S)5&#%'*8%*+=/S%v*0.&-8%';*CHHo13BM*:@-"")%*FrIr*'%&-*/5"'#8)&)%*/544%*,%*.&#"(%4A'*8%'*A%=A,%';*

-$%/* ,-* /5"'(&=/(#5"* 8@="* $)&#(-E,%* 45=$%4%"(* 5=$&#%&* 8-"'* (5=(%* ,@_=&5A%M* 3%A%"8-"(* #,* Q-=8&-*

%"/5&%*-((%"8&%*="*A%=*A5=&* $5#&* ,%*45=$%4%"(* /55A)&-(#Q* A&%"8&%*8%* ,@-4A,%=&;* A=#'D=@%"*FrZF*

-=&-* ,#%=* ="* /5=A* 8@U(-(;* D=#* &)8=#&-* K* ")-"(* ,%'* -''5/#-(#5"'* 5=$&#Y&%'M* 3@%'(* -$%/* ,-* (&5#'#Y4%*

9)A=E,#D=%* D=%* ,%'* /55A)&-(#$%';* 4=(=%,,%';* 'V"8#/-('* %(* -''5/#-(#5"'* A5=&&5"(* '@#"'(#(=(#5""-,#'%&*

A&5<&%''#$%4%"(M*:%'*,=((%'*5=$&#Y&%'*8=*zcz%*'#Y/,%*5"(*-#"'#*(&5=$)*,%=&*-"/&-<%*8-"'*,-*/55A)&-(#5"*

%(*,-*A&5A&#)()*A-&(-<)%M*

CM*:@)/5"54#%*'5,#8-#&%*b*8%'*#"#(#-(#$%'*/5,,%/(#$%'*%(*/#(5V%""%'*

* .#%&&%*95'-"$-,,5"*A=E,#%*%"*FssZ*j*:-*"5=$%,,%*D=%'(#5"*'5/#-,%M*9%A%"'%&*,@_(-(*.&5$#8%"/%*kM*

_"*%QQ%(;*,-*/&#'%*)/5"54#D=%*8%'*-"")%'*FsoH*$-*E5='/=,%&*,%*'V'(Y4%*%"*A,-/%;*&%4%((-"(*%"*/-='%*

,-* ,)<#(#4#()* 8@="* _(-(6.&5$#8%"/%;* 8)A-'')* A-&* ,-* 45"()%* 8%* ,@%R/,='#5"* '5/#-,%* j*7$% =,)8P#% $"%

;$($","+% ;$% 47&*% $"% 47&*% $"(,P'**,"+% 4)5;&'*,'+% &"$% *58'#+#% ;$% =,)8P#*% 9&'% $:87&,'+% 8$&:% 9&'%

"<#+,'$"+% 47&*% ;,"*% 7$%=,)8P#C% 7$% *58',7% ;$($","+% &"% *5&*14)5;&'+% ;$% 7<#85"5='9&$% ,75)*% 9&$% ;,"*%

+5&+$*% 7$*% ,&+)$*% *58'#+#*% $:'*+,"+$*C% 7<#85"5='$C% '"*#)#$%;,"*% 7,% *58'#+#C% "<#+,'+% 4,*%4,)($"&$%?% *$%

;#6,)),**$)% ;&% 457'+'9&$C% ;$% 7,% =5),7$C% 45&)% 7$% *5&=$++)$% ?% *$*% )HA7$*"#%MN* [-"'* ="* /5"(%R(%* 8%*

&%'(&=/(=&-(#5"*#"8='(&#%,,%*E-')%*'=&*="%*/54A)(#(#$#()*#"(%&"-(#5"-,%;*,%*/Si4-<%*%"&%<#'(&%*%"*8#R*

-"'*="%*45"()%*&-A#8%;*A-''-"(*8%*a~*K*G~;*A=#'*K*s~*%"*FsrZM*:-*&)A5"'%*")56,#E)&-,%*b*&%85""%&*

-=*4-&/S)*'-*/-A-/#()*8@-=(5&)<=,-(#5"M**

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!FG*3_9c>_>;*&=E&#D=%*j*/5"Q)&%"/%'*A=E,#D=%'*k;*085/=4%"(*%"*,#<"%;*/5"'=,()*,%*CHFI6HG6CH1;*S((AbyyE,5<'M="#$6(,'%CMQ&y/%&#'%'yQ#,%'y/5"Q%&%"/%'6A=E,#D=%'y,V5"6CHHoMA8Q*Fo*3_9c>_>;*&=E&#D=%*j*/5"Q)&%"/%'*A=E,#D=%'*k;*085/=4%"(*%"*,#<"%;*/5"'=,()*,%*CHFI6HG6Fs1;*S((AbyyE,5<'M="#$6(,'%CMQ&y/%&#'%'yQ#,%'y/5"Q%&%"/%'6A=E,#D=%'y,V5"6CHHoMA8Q*

! CH*

3@%'(* 8-"'* /%* A-V'-<%* D=@-AA-&-X(;* ="%* Q5=,%* 8@#"#(#-(#$%'* )A-&'%';* 8)'5&85"")%';*

S-'-&8%='%'39*0.&-8%'* CHHo1;* #"'(#(=(#5""-,#')%'* %"* 7&-"/%* '5='* ,%* "54* 8@)/5"54#%* '5,#8-#&%M* 3%'*

%RA)&#%"/%'* (&-8=#'%"(* ,%'*45=$%4%"('* 8@-=(565&<-"#'-(#5"* 8%'* -"")%'* FsoH;* D=#* 5"(*4%")* %"(&%*

-=(&%'*K*8%'*,=((%'*=&E-#"%';*8-"'*,%*'%"'*8@="%*&)-AA&5A&#-(#5"*/#(5V%""%*8%*,-*$#,,%M*.-&4#*%,,%';*,%'*

9)<#%'* 8%* D=-&(#%&;* #''=%'* 8#&%/(%4%"(* 8%'* -''5/#-(#5"'* 8%* D=-&(#%&* 5=* ,%'* /&Y/S%'* A-&%"(-,%'*

A5&(%='%'*8@="*-=(&%*A&5W%(*)8=/-(#Q;*5=*%"/5&%*,%'*O''5/#-(#5"'*A5=&*,%*B-#"(#%"*8@="%*O<&#/=,(=&%*

.-V'-""%* 0OBO.1* -Q#"* 8@%"&-V%&* ,%'* #"(%&4)8#-#&%'* 8%* ,-* <&-"8%* 8#'(&#E=(#5"* %(* 8%* &%(&5=$%&* ="*

&-AA5&(* '5,#8-#&%* /5"'544-(%=&yA&58=/(%=&* 5=* %"/5&%* ,%'* 3cdO:_>;* 'V'(Y4%* 8%* Q#"-"/%* '5,#8-#&%;*

/#(5V%""%*%(*A-&(#/#A-(#$%M*

aM*U/5"54#%*'5/#-,%*%(*'5,#8-#&%*%(*(%&&#(5#&%'*

* >#* ,@)/5"54#%* '5/#-,%* '@%'(* 8-$-"(-<%* #"()&%'')%* -=* A&5W%(* )/5"54#D=%;* -$%/* ="%*45#"8&%*

&)Q,%R#5"* '=&* ,-* A,-/%* 8%* ,@)/5"54#%* 8-"'* ,-* '5/#)();* ,@)/5"54#%* '5,#8-#&%* '@%'(* #,,='(&)%* A-&*

,@#4A,#/-(#5"*8%*,-*'5/#)()*/#$#,%*8-"'*,-*$#%*8=*(%&&#(5#&%;*D=%*/%*'5#(*8-"'*,%*854-#"%*8%*,*�)8=/-(#5";*

8%* ,@-<&#/=,(=&%* 5=* 8%* ,-* Q#"-"/%* %(* %,,%* '@%'(* 8)$%,5AA)%* 8-"'* ,-*4L4%* A)&#58%* D=%* ,-* "5(#5"* 8%*

8)$%,5AA%4%"(* 8=&-E,%M* j*:@)/5"54#%* '5,#8-#&%*k;* (%&4%* #"'(#(=(#5""%,* D=#* -* '%&$#* -* "544)* /%'*

%RA)&#%"/%'* 8@)/5"54#%* -,(%&"-(#$%;* %'(* #4A,#D=)%* 8-"'* ,%* /S-4A* A5,#(#D=%* -=* '%"'* 8%* ,@-/(#5"*

/#(5V%""%*%(*"5"*8%'*A-&(#'*%(*8=*A5=$5#&*8@U(-(M*3@%'(*="*$)&#(-E,%*j*A&5W%(*A5,#(#D=%*k*8%* '5/#)();*

/5"'(&=#(*'=&*="%*/&#(#D=%*8%*,@)/5"54#%*A=&%;*-$%/*,@#8)%*8@="%*#"(&58=/(#5"*8%*,-*&)/#A&5/#()*8-"'*,%*

(5=(*B-&/S);*="*&)%"/-'(&%4%"(*8%*,-*'ASY&%*)/5"54#D=%*8-"'*,-*'5/#)()*0.5,-"V#;*Fsra1M**

>#*,@)/5"54#%*'5/#-,%*%(*,@)/5"54#%*'5,#8-#&%*'%*/-&-/()&#'%"(*A-&*,%=&'*Q5&4%'*W=&#8#D=%'*04=(=%,,%';*

-''5/#-(#5"';*/55A)&-(#$%'1;*,@)/5"54#%*'5,#8-#&%*&%A5'%*'=&*8%'*A&-(#D=%'*A5=$-"(*A&%"8&%*A,='#%=&'*

Q5&4%'*b*

F :@#"/,='#5"* '5/#-,%* 0#"'%&(#5"* A-&* ,%* (&-$-#,* 5=* ,-* /=,(=&%1* %(* 8%*4-"#Y&%* A,='* ,-&<%;* ,-* ,=((%*/5"(&%*(5=(%*Q5&4%*8@%R/,='#5"p*

F :@#"()<&-(#5"*'5/#-,%;* #8)%*A5,#(#D=%*8%*,-*'5/#)()*'%,5"*,-D=%,,%*(5=(* ,%*45"8%*85#(*-$5#&* ,%'*4L4%'*8&5#('*0)/5"54#%;*A5,#(#D=%;*'5/#-,1*p*

F :-*/#(5V%""%();*&)-AA&5A&#-(#5"*8=*A5,#(#D=%*A-&*,%'*/#(5V%"'*0Ov-4;*CHFC1M**

:%'*%"(&%A&#'%'*8%* ,@_>>;*A-&* ,%=&*5&<-"#'-(#5"*'#"<=,#Y&%;*-<#''%"(*A5=&* ,@%4A,5#;*4-#'*-=''#*A5=&* ,%*

8)$%,5AA%4%"(*)/5"54#D=%*%(*'5/#-,*8%'*(%&&#(5#&%';*-=*'%&$#/%*8@="%*A,='*<&-"8%*/5S)'#5"*'5/#-,%M*

_,,%'* '5"(* &-''%4E,)%'* -=(5=&* 8%* $-,%=&'* %(* ="%* 5&<-"#'-(#5"* /544="%*b* ,-* <%'(#5"* /5,,%/(#$%;*

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!Fr*cE#8*

! CF*

8)45/&-(#D=%* %(* A-&(#/#A-(#$%* b* ,%'* 8#&#<%-"('* '5"(* ),=';* %"* -''%4E,)%* <)")&-,%* /544%* %"* /5"'%#,*

8@-84#"#'(&-(#5";*,%'*#"'(-"/%'*8%*8)/#'#5"'*'5"(*/5,,%/(#$%';*&%A5'-"(*'=&*,%*A&#"/#A%*j*="%*A%&'5""%*

}* ="%* $5#R* k* A%=* #4A5&(%* ,%* 45"(-"(* 8%* /-A#(-,* 8)(%"=M* :-* ,#E%&()* 8@-8S)'#5"b* /S-D=%* A%&'5""%*

0#"8#$#8=%,,%* 5=*A%&'5""%*45&-,%1* -* ,-* A5''#E#,#()* 8@-8S)&%&* -=* '%#"*8@="%*5&<-"#'-(#5"*8%* ,@_>>*5=*

8@%"*A-&(#&M* :-*"5"* ,=/&-(#$#()*5=* ,-* ,=/&-(#$#()* ,#4#()%* b* ,-*4-W5&#()*5=* ,-* (5(-,#()*8%'*%R/)8%"('*%'(*

&)#"$%'(#%* 8-"'* ,%* A&5W%(* '5/#-,* %(* '5/#)(-,* 8%* ,@%"(&%A&#'%;* 8%'* Q5"8'* A&5A&%'* #4A-&(-<%-E,%'* '5"(*

/5"'(#(=)'M*:%'*A&#"/#A%'*8%*'5,#8-&#()*%(*8%*&%'A5"'-E#,#()*<=#8%"(*,-*4#'%*%"*A,-/%*8%'*-/(#5"'*8-"'*

="%* 8)4-&/S%* 8%* 8)$%,5AA%4%"(* 8=&-E,%M* :%'* '(&=/(=&%'* 8%* ,@)/5"54#%* '5/#-,%* %(* '5,#8-#&%* '%*

8)Q#"#''%"(*/544%*8%'*<&5=A%4%"('*8%*A%&'5""%'*%(*"5"*8%*/-A#(-=R;*A5&(%='%'*8@="*A&5W%(*K*,-*Q5#'*

)/5"54#D=%*0-/(#$#()';*%4A,5#'1*%(*8@#"()&L(*/5,,%/(#QM*:%'*4%4E&%'*A%=$%"(*L(&%*#4A,#D=)'*(5=(*K*,-*

Q5#'* 8-"'* ,-* /&)-(#5";* ,@-/(#$#()* %(* ,-* <5=$%&"-"/%* 8%* /%'* '(&=/(=&%'M* 3@%'(* ,%* A&#"/#A%* 8%* ,-* 85=E,%*

D=-,#()M* 9)A5"8&%* -=R* E%'5#"'* "5"* '-(#'Q-#('* 8%'* A5A=,-(#5"'* %(* 8%'* (%&&#(5#&%';* /5"(&#E=%&* K* ="*

8)$%,5AA%4%"(* ,5/-,;*8=&-E,%*%(*'5,#8-#&%;*'5"(*8%'*5EW%/(#Q'*D=#*A&#4%"(*'=&* ,-*&%/S%&/S%*8=*A&5Q#(*

Q#"-"/#%&M* _,,%'* 45E#,#'%"(* 8%'* &%''5=&/%'* SVE&#8%'* b* $%"(%* 8%* A&58=#('* %(* '%&$#/%'* 085"(* 4-&/S)'*

A=E,#/'1;* /5(#'-(#5"'* %(* -8S)'#5"';* Q#"-"/%4%"('* A=E,#/'* 0'=E$%"(#5"';* -#8%'* -=R* %4A,5#'1* %(* A&#$)'*

085";*4)/)"-(1!3GM*

* :%'* 5&<-"#'-(#5"'* 8@_>>* 5"(* ,-* /-&-/()&#'(#D=%* 8@L(&%* Q5&(%4%"(* -"/&)%'* '=&* ,%=&* (%&&#(5#&%*

8@#"(%&$%"(#5"M* .5&()%'* K* ,@#"#(#-(#$%* 8%* /#(5V%"'* %(* 8@-/(%=&'* ,5/-=R;* ,%'* '(&=/(=&%'* 8%* ,@_>>*

E)")Q#/#%"(*8@="*Q5&(*-"/&-<%*(%&&#(5&#-,*A-&*,-*/&)-(#5"*8%*'(&=/(=&%'*%(*8@%4A,5#'*"5"*8),5/-,#'-E,%';*

4-#'*-=''#*A-&* ,@5&#%"(-(#5"*8%'*-/(#$#()'*$%&'* ,-*'-(#'Q-/(#5"*8%*E%'5#"'* ,5/-=R*%(*%"**-AA5&(-"(*="%*

&)A5"'%*/5,,%/(#$%*K*8%'*%"W%=R*,5/-=RM**

j*3<,"8),A$% +$))'+5)',7% $*+% &"$% "5+'5"% 9&'% *$)+% ?% ,65);$)% 7$% ;$A)#% ;$*% 7'$"*% $"+)$% 5)A,"'*,+'5"% $+%

+$))'+5')$N%^"$%*+)&8+&)$%$*+%,"8)#$%+$))'+5)',7$=$"+%75)*9&<$77$%"5&$%;$*%)$7,+'5"*%85==$)8',7$*%5&%;$%

4,)+$",)',+%D=,)8P,";$*%5&%"5"%=,)8P,";$*F%,($8%;<,&+)$*%*+)&8+&)$*%758,7$*C%9&<$77$*%*5'$"+%'**&$*%

;$%7<W__C%;$%7,%*4PH)$%4)'(#$%DP5)*%W__F%5&%4&67'9&$N%S7&*%7,%;'($)*'+#%$+%7<'"+$"*'+#%;$%8$*%)$7,+'5"*%*5"+%

'=45)+,"+$*C%47&*%7<,"8),A$%+$))'+5)',7%$*+%J5)+N%X$++$%"5+'5"%$*+%,&%8$"+)$%;$*%)#J7$:'5"*%;$%7<W__%8,)%7$*%

5)A,"'*,+'5"*%;$%7<W__%L%85"*';H)$"+%7$%+$))'+5')$%"5"%85==$%&"$%*'=47$%5445)+&"'+#C%=,'*%85==$%7,%

6,*$%;$%7$&)%,8+'('+#%$+%;$%7$&)%;#($7544$=$"+*k4HM*

! [-"'* ="* /5"(%R(%* 8%* A&#'%* 8%* /5"'/#%"/%* 8%'* -/(%=&'* 8%'* (%&&#(5#&%'* 8%* ,@#4A5&(-"/%* 8%*

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

3G!:@_/5"54#%*>5/#-,%*%(*>5,#8-#&%;*-/(&#/%*8%'*(%&&#(5#&%'*%(*8=*8)$%,5AA%4%"(*,5/-,*%"*B#8#6.V&)")%';*085/=4%"(*%"*,#<"%;*/5"'=,()*,%*CHFI6HZ6FH1;*S((AbyygggM/&%''64#8#AV&%"%%'M5&<yQ&y#4<8V"yf9_>>|B.|7f3!>|I|_>>|[%$%,5AA%4%"(|:5/-,MA8Q*4H!^&%4E,-V*NM*%(*75"(-"*N6BM;*[)$%,5AA%4%"(*)/5"54#D=%*,5/-,*b*,-*(S)5&#%;*,-*A&-(#D=%;*,%'*%RA)&#%"/%';*FssIM!!

! CC*

&)#"$%"(%&* ,%'*Q-m5"'*8%*/5"/%$5#&* ,%*8)$%,5AA%4%"(*(%&&#(5&#-,;*5n* ,@5"*-//5&8%*="%*A,-/%*/%"(&-,%*

-=R*%"W%=R*%"$#&5""%4%"(-=R;*'5/#-=R*%(*/=,(=&%,';* ,@)/5"54#%*'5/#-,%*%(*'5,#8-#&%*-*A,%#"%4%"(*="*

&i,%*K* W5=%&*8-"'* ,-*$-,5&#'-(#5"*8%'* (%&&#(5#&%'*%(* ,-*45E#,#'-(#5"*8%'*-/(%=&'*-=*'%#"*8@="*"5=$%-=*

458Y,%*8%*8)$%,5AA%4%"(* (%&&#(5&#-,* 8=&-E,%M* :%'* A&-(#D=%'* (%&&#(5&#-,%'* '%* $5#%"(* &)#"$%"()%'*A-&*

/%((%*j*-=(&%*)/5"54#%*k;*D=#*A&5A5'%*="%*"5=$%,,%*Q-m5"*8%*A&58=#&%*%(*8%*/5"'544%&M*:%=&*Q5&4%*

8@5&<-"#'-(#5"*0,%'*'(-(=('1*%(*,%=&'*-/(#$#()'*0(5=&")%'*$%&'*,-*A5A=,-(#5"*%(*,%*(%&&#(5#&%1*Q5"(*8%*,@_>>*

="%*)/5"54#%*(%&&#(5&#-,#')%*035,,%(#'*%(*-,,;*CHHZ1M*O#"'#*,@_>>*%'(*8%*A,='*%"*A,='*#"(%&&5<)%*8-"'*'%'*

&%,-(#5"'* -=* 8)$%,5AA%4%"(* (%&&#(5&#-,;* 8=* Q-#(* 8%* '5"* ,#%"*4-&D=)* -$%/* ,%* (%&&#(5#&%* %(*4L4%* '@#,*

4-"D=%*-=W5=&8@S=#*%"/5&%*8%*"54E&%='%'*A-''%&%,,%'*K*/&)%&M**

O=*'%#"*8%* ,@)/5"54#%*'5/#-,%*%(*'5,#8-#&%;*"5='*"5='*'544%'*A,='*A-&(#/=,#Y&%4%"(* #"()&%'')'*K* ,-*

Q#"-"/%* '5,#8-#&%;* 8)Q#"#%* /544%* j*;$*% 4)58$**&*% ;$% J'","8$=$"+% *57';,')$*% 855);5""#*% 4,)% ;$*%

,8+$&)*% 758,&:% G% 8$*% ;$)"'$)*% )#45";,"+% ,&% ),+'5""$=$"+% ;&% 8)#;'+% $+% 7,% ='*$% $"% 47,8$% ;$% 8')8&'+*%

85&)+*%;$%J'","8$=$"+%k43M!

*

*

*

!

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

43! O9^c>* O4),#%;* j*:-* j* Q#"-"/%* '5,#8-#&%* (%&&#(5&#-,#')%* k* b* ="%* &)A5"'%* 8%* A&5R#4#()* %"* Q-$%=&* 8%* ,-*/5"'(&=/(#5"*8@="*(%&&#(5#&%*8%*&)Q)&%"/%*8-"'*="*A&5/%''='*8%*45"8#-,#'-(#5"*k;*X,P'$)*%;&%XWUWTC*Fs0CHHo1;*AMCH;*085/=4%"(*%"*,#<"%;*/5"'=,()*,%*CHFI6Hs6aH1;*S((AbyyE-'%M'5/#5%/5M5&<y85/'y-|-&(#'MA8Q*

*

! Ca*

ccM*:%'*3cdO:_>;*="*5=(#,*8%*Q#"-"/%*(%&&#(5&#-,#')%*u*!

* 3%*(&-$-#,*'@#"()&%''%*K*,-*Q#"-"/%*'5,#8-#&%*%(*A,='*A-&(#/=,#Y&%4%"(*K*="%*#"#(#-(#$%*8%*Q#"-"/%*

'5,#8-#&%;*/#(5V%""%*%(*A-&(#/#A-(#$%;*,%'*3cdO:_>M*3%((%*A-&(#%*'@-((-/S%;*%"*&%$%"-"(*'=&*,@S#'(5#&%*8%*

,-*Q#"-"/%*'5,#8-#&%*%(*A,='*A&)/#')4%"(*'=&*/%,,%*8%'*3cdO:_>;*K*4#%=R*/54A&%"8&%*8%*D=5#*'@-<#(6#,*%(*

K*45"(&%&*%"*D=5#*#,*%'(*A%&(#"%"(*8%*&%,#%&*,%*(SY4%*8%*,-*Q#"-"/%*'5,#8-#&%*K*,-*D=%'(#5"*(%&&#(5&#-,%M**

OM*:-*Q#"-"/%*'5,#8-#&%*%(*,%*(%&&#(5#&%*!

FM*U4%&<%"/%*8%*,-*Q#"-"/%*'5,#8-#&%*%"*7&-"/%*

! :%'*-"")%'*FsoH*4-&D=%"(*,-*Q#"*8%'*^&%"(%*d,5&#%='%'*%(*,%*&)<#4%*8e-//=4=,-(#5"*Q5&8#'(%;*

D=#*5"(*/-&-/()&#')*,-*A)&#58%*8%*,e-A&Y'6<=%&&%M*3%*'%&-*,%*8)E=(*8@="%*/&#'%*'5/#-,%;*/-&-/()&#')%*A-&*

="*/Si4-<%*/5"W5"/(=&%,*%(*,-*4#'%*%"*A,-/%*8%*A5,#(#D=%'*")56,#E)&-,%'M*

*:-* Q#"-"/%* '5,#8-#&%* )4%&<%*8-"'* /%* /5"(%R(%;* -=*8)E=(* 8%'* -"")%'* FsrH* -=* '%#"* 8%*j*,e)/5"54#%*

-,(%&"-(#$%*k44M* :-* Q#"-"/%* '5,#8-#&%* $%&&-* ,%* W5=&* '=#(%* K* ,-* /&)-(#5"* 8%* ,eO<%"/%* 8%* ,#-#'5"* A5=&* ,%*

8)$%,5AA%4%"(* 8e="%* )/5"54#%* -,(%&"-(#$%* 0O:[_O1;* D=#* -* A5=&* 5EW%/(#Q* ,-* 8#QQ='#5"* 8%* "5=$%,,%'*

A&-(#D=%';*#4-<#"-"(*j*&"%=5";$%5`%8P,8&"%)$+)5&($%7,%7'6$)+#%;$%85";&')$%*5"%;$*+'"%$+%4,)+'8'4$%?%

7<#85"5='$%;$% *5"% $"(')5""$=$"+* k* 0.-(&#/%* >-=$-<%;* Q5"8-(%=&*8%* ,@O:[_O1M* 9-A#8%4%"(;* ,@O:[_O*

A5&(-*'%'*&)Q,%R#5"'*'=&*,e)4%&<%"/%*8e="%*<%'(#5"*-,(%&"-(#$%*8%*,e)A-&<"%M*>%'*Q5"8-(%=&'*-$-#%"(*,-*

$5,5"()*8%*(&-"'Q5&4%&*,%*&-AA5&(*K*,e)A-&<"%*'%,5"*8%=R*A&#"/#A%'*b**

F :e=(#,#'-(#5"* '5/#-,%4%"(* &%'A5"'-E,%* 8%* ,e)A-&<"%* %(* ,-* 4-X(&#'%* 8%* '5"* =(#,#'-(#5"* 09=''5;*

P%&,%V;*FssZ1*p*

F :%* &%'A%/(*8%*/%'*A&#"/#A%'*%'(*A5''#E,%*A-&* ,e-/(#$-(#5"*8%'* /#&/=#('* /5=&('*8%* Q#"-"/%4%"(;*

D=#*-E5=(#(;*8-"'* ,%*/-8&%*8%* ,@O:[_O;*K* ,-*/&)-(#5"*8%* ,e5=(#,*3cdO:_*03,=E*8e#"$%'(#''%4%"(*

A5=&*="%*<%'(#5"*-,(%&"-(#$%*%(*,5/-,%*8%*,e)A-&<"%1*%"*FsraM**

[-"'*/%(*%'A&#(;*%(*-Q#"*8%*A5=$5#&*45E#,#'%&*="%*)A-&<"%*8%*4-"#Y&%*A,='* ,-&<%*%(*A-&*/5"')D=%"(*

A5=$5#&*Q#"-"/%&*8%'*A&5W%('*-,(%&"-(#Q'*8%*A,='*<&-"8%*%"$%&<=&%;*="%*/55A)&-(#$%*8%*/-A#(-,6&#'D=%*

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

44!>%,5"*O4),#%*O&(#'*#,*%'(*A5''#E,%*8%*Q-#&%*&)Q)&%"/%*K*="%*Q#"-"/%*'5,#8-#&%*-"()&#%=&%4%"(M*_"*%QQ%(;*5"*A%=(*8-(%&* ,%'* A&%4#Y&%'* A&-(#D=%'* Q5&4%,,%'* 8%* Q#"-"/%* '5,#8-#&%* -$%/* ,@-AA-&#(#5"* 8%'*B5"(* 8%* .#)()* -=* zPY4%*'#Y/,%*%"* c(-,#%*A=#'*A,='*&)/%44%"(*-$%/* ,@)4%&<%"/%*8=*/&)8#(*A5A=,-#&%*-=*zczY4%*'#Y/,%M*3%A%"8-"(*"5='*"5='* &)Q)&5"'*K*="%* (%&4#"5,5<#%*A&)/#'%;* #''=*8=*45=$%4%"(*-,(%&"-(#$%*8%'*-"")%'*rHM*3%((%* (%&4#"5,5<#%*%'(*/%,,%*&%A&#'%*-=W5=&8@S=#M**

*

! CI*

"544)%*d-&&#<=%*Q=(*/&))%*%"*FsrZM*_,,%*/54A,)(-#(*,%*8#'A5'#(#Q*8%*Q#"-"/%4%"(*8%'*%"(&%A&#'%'*4#'*

%"*q=$&%*A-&*,%'*3,=E'*8@c"$%'(#''%=&'*A5=&*="%*d%'(#5"*O,(%&"-(#$%*%(*:5/-,%*8%*,@_A-&<"%*03cdO:_1M!

3544%*,%*'5=,#<"%*O4),#%*O&(#'* 0CHHo1;* ,-*/&)-(#5"*8%* ,@O:[_O*%(*8%'* #"'(&=4%"('*Q#"-"/#%&'*D=#*%"*

8)/5=,%"(;*)(-#(*="%*A&5Q5"8%* &%4#'%*%"*/-='%*8%'*A&#"/#A%'*8%* Q5"/(#5""%4%"(*8%* ,e)/5"54#%*-=*

8)E=(*8%'*-"")%'*rH*b!

j*]5='*"e-//%A(5"'*A-'*/%((%*Q-#,,#(%*%(*4%((5"'*%"*85=(%*'%'*85"")%'*A&%4#Y&%'*b*85<4%*8%*,-*,5#*8=*

4-&/S)* 8%'* &#/S%';* 85"(* ,%'* 8)')D=#,#E&%'* '%&-#%"(* 4#&-/=,%='%4%"(* /5&&#<)';* 4V(S%* 8%* ,eU(-(*

.&5$#8%"/%;*85"(*,-*'5,,#/#(=8%*A5=&$5#&-#(*-=*E5"S%=&*8%*(5=';*Q5#*%"*,-*'5/#)()*8e-E5"8-"/%*-=*E5=(*

8e="%*,5"<=%*&5=(%*A-$)%*8%'*$%&(='*8=*(&-$-#,;*8=*A&5<&Y'*(%/S"5,5<#D=%;*8%*,e%RA,5#(-(#5"*#"(%"'#$%*

8%'* &%''5=&/%'*"-(=&%,,%';* '5='* ,e)/,-#&-<%*="#D=%*8%* ,-* &%"(-E#,#()* Q#"-"/#Y&%*k* 03S-&(%*8%*:eO:[_O;*

FsrF;*A*F1M*!

:-*"-#''-"/%*8%* /%*45=$%4%"(*%(* ,%'* &%$%"8#/-(#5"'*D=@#,* A5&(-;* '5"(* K* &%A,-/%&*8-"'*="* /5"(%R(%*

A5,#(#D=%* %(* )/5"54#D=%* A-&(#/=,#%&M* :%'* -"")%'* FsoH;* 5"(* $=* %"* %QQ%(* 8%* "54E&%=R* #"#(#-(#$%'*

/5,,%/(#$%'* %(* /#(5V%""%'* '%* 4%((&%* %"* A,-/%;* 8-"'* ="%* $5,5"()* 8%* A&5A5'%&* ="* -=(&%* 458Y,%* 8%*

'5/#)()*0%RA)&#%"/%*8e-=(5<%'(#5"*8%'*5=$&#%&'*8%*:c.;*-/(#5"'*-"(#*4#,#(-&#'(%'*8%'*A-V'-"'*8=*:-&v-/*

%(/M1* %(* &%"Q5&/)* A-&* ="%* /&#'%* )/5"54#D=%* #,,='(&)%* -=* 8)E=(* 8%'* -"")%'* FsrH* A-&* ,-* /S=(%* 8%* ,-*

/&5#''-"/%;*%"(&-X"-"(*="%*45"()%*8=*/Si4-<%*%(*="%*/&#(#D=%*8%*,eU(-(*.&5$#8%"/%*8-"'*'-*/-A-/#()*

K*&)A-&(#&* ,%'*Q&=#('*8%* ,-*Q-#E,%*/&5#''-"/%M*>@%'(*-W5=()%*K*/%,-*="%*&#<=%=&*E=8<)(-#&%* #4A5')%*8Y'*

Fsra* Q-/%*K* ,-* /5"'(&=/(#5"*%=&5A)%""%*%(*K* ,-*A&%''#5"* #"(%&"-(#5"-,%M* >#* ,-* 'ASY&%*)/5"54#D=%*-*

/5""=* K* /%((%*A)&#58%*8%*A&5Q5"8'* &%4-"#%4%"(';* /%* Q=(* -=''#* ,%* /-'* 8%* ,-* 'ASY&%* Q#"-"/#Y&%* j*7$*%

=,)8P#*% J'","8'$)*% 5"+% 85""&% &"$% )#J5)=$% $"% 4)5J5";$&)% ,($8% 7,% ;#)#A7$=$"+,+'5"C% 7,%

;#*'"+$)=#;',+'5"%$+%7,%;#)#A&7,)'*,+'5"%(',%7,%75'%6,"8,')$%;$%/ab2%M$%N!

:%'*45=$%4%"('*'5/#-=R*%(*-,(%&"-(#Q'*8%*,@)A5D=%*'5"(*,-*&)'=,(-"(%*8@="%*/&#'%*8%*$-,%=&'M*3@%'(*,-*

&%4#'%* %"* /-='%* 8=* /54A&54#'* Q5&8#'(%* 8%'* -"")%'* 8%* /&5#''-"/%;* %"(&%* U(-(* A&5$#8%"/%* %(*

#"8#$#8=-,#'4%;*%(*8e-=(&%*A-&(;*="%*/&#'%*)/5"54#D=%*D=#*/&#(#D=%*,%*Q5"/(#5""%4%"(*8%'*4-&/S)'*%(*

,%'* &)<=,-(#5"'* 4-&/S-"8%'* %(* )(-(#D=%'* 854#"-"(%'* 0:-$#,,%;* FssI1M* :%* /54A&54#'* Q5&8#'(%;* ,-*

45")(-&#'-(#5"*8%'*)/S-"<%'*'5"(*-=(-"(*8e),)4%"('*'%,5"*O4),#%*O&(#'*0CHHo1;*D=#*5"(*A%&4#'*j*&"$%

7'6#),7'*,+'5"%;$*%'";'(';&*%4,)%7$%;#($7544$=$"+%;$%4)58$**&*%;O'";#4$";,"8$%$"+)$%7$*%4$)*5""$*%$+%

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

4;! O9^c>* O4),#%;* j*:-* j* Q#"-"/%* '5,#8-#&%* (%&&#(5&#-,#')%* k* b* ="%* &)A5"'%* 8%* A&5R#4#()* %"* Q-$%=&* 8%* ,-*/5"'(&=/(#5"*8@="*(%&&#(5#&%*8%*&)Q)&%"/%*8-"'*="*A&5/%''='*8%*45"8#-,#'-(#5"*k;*X,P'$)*%;&%XWUWTC*Fs0CHHo1;*AMCH;*085/=4%"(*%"*,#<"%;*/5"'=,()*,%*CHFI6Hs6aH1;*S((AbyyE-'%M'5/#5%/5M5&<y85/'y-|-&(#'MA8Q*

*

! CZ*

;O56I$8+'('*=$% c7$*% '"+$);#4$";,"8$*% *$%=&7+'47'$"+%=,'*% *O56I$8+'($"+% >% 5"%4,**$%;&% 8$)87$%#+)5'+% $+%

+)H*%4$)*5"",7'*#%;$%7O'"+$)85"",'**,"8$%?%7,%=&7+'47'8'+#%,6*+),'+$%;$%7O'"+$)1)$85"",'**,"8$%c%D_'==$7C%

/abdC%4%0eaF%kM*

7-/%* K* /%((%* #"8#$#8=-,#'-(#5"* 8%* ,-* '5/#)()* %(* K* ,-* ,#E)&-,#'-(#5"* )/5"54#D=%;* ,@)4%&<%"/%**

8@#"#(#-(#$%'*'5,#8-#&%'*5"(*A%&4#'*8%*&)%"/-'(&%&* ,-*'ASY&%*)/5"54#D=%*%(*A5,#(#D=%;*8-"'* ,-*'ASY&%*

'5/#-,%;*A%&4%((-"(*,e-/(#$-(#5"*t8e%'A-/%'*8%*A&5R#4#()*A=E,#/'t*0:-$#,,%;*FssI1M*O=W5=&8@S=#*/%*D=@5"*

-AA%,,%*j*,@)/5"54#%*'5,#8-#&%*k;*/%*'5"(*8%'*#"#(#-(#$%'*D=#*&%A5'%"(*'=&*,%*(&-$-#,*5n*,e-/(#$#();*'5/,%*

8%* ,-* '5/#-,#'-(#5"M*B-#'* Q-/%* -=* &%A,#* '=&* '5#* 5=*K* ,@#"8#$#8=-,#'-(#5";* %,,%*A&5A5'%*8%* &)#"')&%&*8%'*

),)4%"('* "5"* 45")(-#&%'* %(* &)/#A&5/#(-#&%'* 8-"'* 8%* "5=$%,,%'* Q5&4%'* 8%* A&58=/(#5";* 8%*

/5"'544-(#5"* %(* 8e#"$%'(#''%4%"(* 0B-&(#";* FssI1M* :%'* A&#"/#A%'* 8%* ,e)/5"54#%* '5,#8-#&%* &)'#8%"(*

8-"'*,%*&%<&5=A%4%"(*$5,5"(-#&%*A5=&*="*/S-"<%4%"(*#"'(#(=(#5""%,;*8-"'*,-*/5"Q#-"/%*A%&'5""-,#')%*

%(*8-"'*,-*/5"'(&=/(#5"*/5"W5#"(%*8%*,e5QQ&%*%(*8%*,-*8%4-"8%*8%*E#%"'*%(*'%&$#/%'*0:-$#,,%;*FssI1*b**

L%3$%=5+$&)%;$%8$*%5)A,"'*=$*%#+,'+% 7$%)$A)5&4$=$"+%(575"+,')$%,J'"%;$%4)545*$)%&"$%,7+$)",+'($%'8'%

$+%=,'"+$","+C% 7',"+% 7$% 758,7% $+% 7$% A756,7N% 3,% (575"+#% ;O,A')% $"*$=67$C% ;,"*% 7,% 4)5:'='+#% $+% ;,"*% 7,%

*4PH)$%4&67'9&$C%8'=$"+,'+%7$*%'"'+',+'($*N%X$++$%(575"+#%#+,'+%7$%4)5;&'+%;$%7,%85"J',"8$%4$)*5"",7'*#$%

'"*+,&)#$%;,"*%7O#8P,"A$%M$&N%

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!CI*cE#8*

! CG*

*

H7F3),!T!V7-'9)7E3,!:,!5O?8()F4,!-957:(7),!W!193)=,!I!H74(4-95!

!

CM*:-*Q#"-"/%*'5,#8-#&%;*="%*Q#"-"/%*j*(%&&#(5&#-,#')%*k*

* >#*,-*,#(()&-(=&%*'=&*,%*'=W%(*8%*,-*Q#"-"/%*'5,#8-#&%*%(*,%*(%&&#(5#&%*/54A5&(%*A,='#%=&'*(&-$-=R;*

"5='*-$5"'*/S5#'#*8%*"5='*/%"(&%&*'=&*,%*(&-$-#,*8@O4),#%*O&(#';*D=#*8)$%,5AA%*8%'*),)4%"('*A&5/S%'*

8%*"5(&%*'=W%(*8%*4)45#&%M*c,*%R#'(%*="%*A,=&-,#()*8@5&<-"#'4%'*8%*Q#"-"/%*'5,#8-#&%;*/S-/="*5A)&-"(*

'%,5"*8%'*,5<#D=%'*8@-/(#5"*8#QQ)&%"(%';*A-&Q5#'*/54A,)4%"(-#&%'M*O4),#%*O&(#'*-*8&%'')*="%*(VA5,5<#%*

8%*/%'*,5<#D=%'*8@-/(#5"';*%,,%'*'5"(*-=*"54E&%*8%*D=-(&%*b*

! :-*,5<#D=%*/544="-=(-#&%*p**

! :-*,5<#D=%*(%&&#(5&#-,%*p*

! :-*,5<#D=%*A&5Q%''#5""%,,%*p*

! :-*,5<#D=%*/544%&/#-,%M**

-M*:-*,5<#D=%*/544="-=(-#&%**

:-* ,5<#D=%*/544="-=(-#&%* /5&&%'A5"8*K* ,-*<%'(#5"*/544="%*A-&*%(*A5=&*="*<&5=A%* 'A)/#Q#D=%*%"*

&)A5"'%* K* ="* /5"(%R(%* 8@#"/%&(#(=8%'M* .5=&*B#,,%&* 0CHHI1* ,-* &)Q)&%"/%* K* ,-* /544="-=()* &)'#,#%"(%;*

8)Q#"#%* /544%* ="* A&5/%''='* 8%* '5&(#%* 8%* /&#'%* A-&* ="%* -8-A(-(#5"* /5,,%/(#$%* Q-/%* K* ,@#"/%&(#(=8%;*

A%&4%(*8%*4%((&%*%"*-$-"(*8%'*/54A5&(%4%"('*%(*8@%RA,#/#(%&*,@=(#,#()*D=%*A%=(*-$5#&*,%*/5"/%A(*8%*

! Co*

&)'#,#%"/%* 8@="%* /544="-=()* A5=&* /54A&%"8&%* ,-* ,5<#D=%* /544="-=(-#&%* A&)'%"(%* K* 8#QQ)&%"('*

8%<&)'*8-"'* /%&(-#"'*5&<-"#'4%'*8%* ,-* Q#"-"/%* '5,#8-#&%* 0O&(#';* CHHo1M* :%'*3cdO:_>*A-&*%R%4A,%;*%"*

Q#"-"m-"(*8%'*A&5W%('*,5/-=R;*A-&(#/#A%*K*="*8)$%,5AA%4%"(*8=*(%&&#(5#&%*%"85<Y"%M*3%,-*A-&(#/#A%*K*

Q-$5&#'%&*j*&"$%A5&($)","8$%4,)+'8'4,+'($C%;$*% 7'$&:%;<,44)$"+'**,A$%8577$8+'J*%$+%;<';$"+'+#%8577$8+'($%

+$";,"+% ($)*% 7,% 8)#,+'5"% ;<&"% 8,4'+,7% L% *58'5+$))'+5)',7% M% $+% ?% 7,% ='*$% $"% 47,8$% ;$% J5";*% ;$%

;#($7544$=$"+% 9&'% J'","8$"+% ;$*% ,8+'('+#*% "5"% 85&($)+$*% 4,)% 7$*% 6,"9&$*%kM* :@#8)%* %'(* D=%* /%'*

5&<-"#'4%'* D=#* 5"(* A5=&* $5/-(#5"* 8%* /5&&#<%&* 8%'* 8)')D=#,#E&%'* (%&&#(5&#-=R* 0%R58%* &=&-,;*

$#%#,,#''%4%"(* 8%* ,-* A5A=,-(#5";* /Si4-<%;* 8)/,#"* #"8='(&#%,* 5=* -<&#/5,%1;* 4%((%"(* %"* A,-/%* ="%*

<5=$%&"-"/%*8)45/&-(#D=%*A-&* ,%*/S5#R*8=*'(-(=(*/55A)&-(#Q*5=*A-&*8%'*A&-(#D=%'*A-&(#/#A-(#$%'M* c,'*

Q-$5&#'%"(*%(*%"(&%(#%""%"(*-#"'#*="%*#8%"(#()*/5,,%/(#$%M*

+M*:-*,5<#D=%*(%&&#(5&#-,%*

.5=&*O4),#%*O&(#';*,-*,5<#D=%*(%&&#(5&#-,%*/5&&%'A5"8*K*,-*A&)854#"-"/%*8@="*(%&&#(5#&%*8)Q#"#*8-"'*8%'*

A&5/%''='* 8%* Q#"-"/%4%"(* 8)/%"(&-,#')'* b* ="* (%&&#(5#&%* 8@-/(#5"* %(* ="* (%&&#(5#&%* 8%* &)Q)&%"/%M* [%'*

5&<-"#'4%'*/544%*,%'*3cdO:_>*'@-AA=#%"(*'=&*,-*,5<#D=%*(%&&#(5&#-,%;*A=#'D=%*,%=&*(%&&#(5#&%*8@-/(#5"*

%'(*8),#4#()*8-"'*,@%'A-/%;*-84#"#'(&-(#Q*5=*"5"*08)A-&(%4%"(;*/-"(5";*A-V'Ä1M*:%'*A&5W%('*'5=(%"='*

85#$%"(*A-&(#/#A%&*K*8)$%,5AA%&* ,%*(%&&#(5#&%*8%*&)Q)&%"/%*8%'*)A-&<"-"('*'5,#8-#&%';*/%*(%&&#(5#&%*'%*

/5"'(&=#(* '%,5"* 8%'* 'A)/#Q#/#()'* /=,(=&%,,%';* '5/#-,%';* S#'(5&#D=%';* A5,#(#D=%'* %(* )/5"54#D=%'M* :%'*

'(&=/(=&%'*8%*Q#"-"/%*'5,#8-#&%*A%=$%"(*85"/*L(&%*/5"'#8)&)%'*/544%*8%'*5=(#,'*8%*Q#"-"/%4%"(*8%*

A&5R#4#()* -"/&)'*8-"'* ,%* (%&&#(5#&%M* :@-"/&-<%* (%&&#(5&#-,* '%* &)-,#'%* K*A-&(#&* 8%* ,-*45E#,#'-(#5"*8@="%*

)A-&<"%* ,5/-,%* A5=&* ,%* Q#"-"/%4%"(* 8%* A&5W%('* 8@-/(#$#()'* %"* /&)-(#5"* 5=* 8)$%,5AA%4%"(* K* Q5&(%*

$-,%=&*-W5=()%*A5=&*,%*(%&&#(5#&%*8%*&)Q)&%"/%M*:%'*-/(%=&'*8%*,-*Q#"-"/%*'5,#8-#&%*A%=$%"(*4%((&%*%"*

A,-/%* 8%'* /55A)&-(#5"'* -$%/* ,%'* -/(%=&'* #"'(#(=(#5""%,'* 0/5,,%/(#$#()'* (%&&#(5&#-,%';* (%&&#(5#&%'* 8%*

A&5W%(1M**

/M*:-*,5<#D=%*A&5Q%''#5""%,,%*

:-* ,5<#D=%* A&5Q%''#5""%,,%* '%* /-&-/()&#'%* A-&* ,-* 'A)/#-,#'-(#5"* 8%* Q#"-"/%=&'* '5,#8-#&%'* 8-"'* 8%'*

854-#"%'*8@-/(#$#()'*8)(%&4#")';*8)Q#"#'*8%*4-"#Y&%*'%/(5&#%,,%*5=*'(-(=(-#&%M*3%&(-#"'*$5"(*'@-R%&*'=&*

,-*"-(=&%*8=*A&5W%(M*:-*]_7;*="*#"(%&4)8#-#&%*Q#"-"/#%&;*'5='*Q5&4%*/55A)&-(#$%;*K*$5/-(#5"*'5,#8-#&%;*

$-*A-&*%R%4A,%*'5=(%"#&*8%'*A&5W%('*-AA-&(%"-"(*K*(&5#'*'%/(%=&'*b*,@)/5,5<#%;*,%*'5/#-,*%(*,%*/=,(=&%,M*

[@-=(&%'*$5"(*-//54A-<"%&*8%'*5&<-"#'4%'*8%*,@)/5"54#%*'5/#-,%*%(*'5,#8-#&%;*-V-"(*8%'*'A)/#Q#/#()'*

8-"'* ,%=&'* '(-(=('* %(* A&)'%"(-"(* 8%'* /-&-/()&#'(#D=%'* A-&(#/=,#Y&%'* 0"5"* ,=/&-(#$#();* &)'%&$%'*

#4A-&(-<%-E,%';* D=-,#()* 8%* 4%4E&%Ä1M* :%'* 3cdO:_>* '5"(* 'A)/#-,#')'* 8-"'* ,%* Q#"-"/%4%"(* %(*

! Cr*

,@-//54A-<"%4%"(*8%*(&Y'*A%(#(%'*5=*A%(#(%'*%"(&%A&#'%';*A5&(-"(*8%'*A&5W%('*A-&Q5#'*j*-(VA#D=%'*k;*

%(*-AA-&(%"-"(*'5=$%"(*-=R*'%/(%=&'*8%*,@_>>*b*

j*:-* ,5<#D=%*A&5Q%''#5""%,,%* &)A5"8*-#"'#*K*8%'*E%'5#"'*8%* Q#"-"/%4%"(*'A)/#Q#D=%'* b*8@="%*A-&(;* ,%*

Q#"-"/%4%"(* 8%* A&5W%('* #""5$-"('* A-&* %4A&="(* %(* A-&* Q5"8'* A&5A&%';* A&#"/#A-,%4%"(* 8-"'*

,@%"$#&5""%4%"(* 0)"%&<#%'* &%"5=$%,-E,%';* -<&#/=,(=&%* 8V"-4#D=%;* )/5,5<#%Ä1* p* 8@-=(&%* A-&(;* ,%*

Q#"-"/%4%"(* 8%'* -/(#$#()'* 8%* ,@)/5"54#%* '5/#-,%* %(* '5,#8-#&%M* :%'* A&5W%('* #""5$-"('* '5"(* W=<)'* (&5A*

&#'D=)'* A-&* ,%'* Q#"-"/%=&'* j* /,-''#D=%'* k;* A-&* /5"')D=%"(* 8%'* #"(%&4)8#-#&%'* 'A)/#-,#')'* 8-"'*

,@%RA%&(#'%*8%'*A&5W%('*%(*,-*45E#,#'-(#5"*8@="%*)A-&<"%*%"<-<)%*'%*'5"(*/&))'*D=#*'5"(*8%'*5E'(-/,%'*

-=*Q#"-"/%4%"(*%(*-=R*A&-(#D=%'*/,-''#D=%'*8=*Q#"-"/%4%"(*8%*A&5W%(*0Ä1*:-*,5<#D=%*A&5Q%''#5""%,,%*

W='(#Q#%* ,@-/(#5"* 8%'* Q#"-"/%=&'* '5,#8-#&%'* %"* Q5"/(#5"* 8%* ,%=&* %RA%&(#'%* %(* ,%=&* /5""-#''-"/%* 8%'*

'%/(%=&'*8@-/(#$#()'*%(*8%'*'A)/#Q#/#()'*8%'*-/(%=&'*8%*,@)/5"54#%*'5/#-,%*%(*'5,#8-#&%*k4AM*

8M*:-*,5<#D=%*/544%&/#-,%*

:-* ,5<#D=%* /544%&/#-,%* /5&&%'A5"8* K* ,-* &%/S%&/S%* 8%* &)'=,(-('* )/5"54#D=%'M* >5"* 5EW%/(#Q* %'(* ,%*

Q#"-"/%4%"(*8@#"8#$#8='*%R/,='*8=*4-&/S)*8=*(&-$-#,*%(*8=*'V'(Y4%*E-"/-#&%*/,-''#D=%*A-&*,-*/&)-(#5"*

8%*,%=&*A&5A&%*-/(#$#();*-Q#"*8%*,%'*&)#"')&%&*8-"'*,%*/#&/=#(*E-"/-#&%M*:-*,5<#D=%*/544%&/#-,%*'@#"'/&#(*

8-"'*="%*8)4-&/S%*8@#"'%&(#5"*A&5Q%''#5""%,,%*%(*'5/#-,%*8-"'*,-D=%,,%*,@5E(%"(#5"*8@="*/&)8#(*%'(*="*

#"'(&=4%"(* 8@#"()<&-(#5"* O&#(';* CHHoM* >#* ,%'* 3cdO:_>* 5"(* ="* &%<-&8* '=&* ,-* $#-E#,#()* )/5"54#D=%* 8%'*

A&5W%(';*,%=&'*5EW%/(#Q'*"%*'@#"'/&#$%"(*A-'*A&#5&#(-#&%4%"(*8-"'*/%((%*,5<#D=%*8@-/(#5"M*

:-*/54A&)S%"'#5"*8%*/%'*D=-(&%*,5<#D=%'*8@-/(#5"*8%*,-*Q#"-"/%*'5,#8-#&%*A%&4%((%"(*8%*/5"'(&=#&%*,%*

/5"/%A(*8%*j*Q#"-"/%*'5,#8-#&%*(%&&#(5&#-,#')%*k;*8)Q#"#*/544%*j*&"%$"*$=67$%;<5)A,"'*=$*%J'","8'$)*C%

9&'%)$*4$8+$"+%7$*%4)'"8'4$*%;$%7<#85"5='$%*58',7$%$+%*57';,')$%;,"*%*$*%*+,+&+*C%5&%;,"*%*$*%4),+'9&$*C%

$+%;5"+%7$%)B7$%$*+%;$%85"*+)&')$%&"$%5JJ)$%;$%J'","8$=$"+%;#8$"+),7'*#$%*&)%;$*%8)'+H)$*%+$))'+5)',&:%MN%

]5='*'%&5"'*K*4L4%*8@#,,='(&%&*/%*/5"/%A(;*K*A-&(#&*8%*,@%R%4A,%*8%'*3cdO:_>*%"*O=$%&<"%M%*

aM*Å554*'=&*,-*Q#"-"/%*'5,#8-#&%*%"*7&-"/%*

* :-* Q#"-"/%* '5,#8-#&%* A%&4%(* -=R* )A-&<"-"('* 8@5&#%"(%&;* $#-* ,-* '5='/&#A(#5"* 8%* A&58=#('*

8@)A-&<"%* '5,#8-#&%;* ,%=&* -&<%"(* $%&'* ,%* Q#"-"/%4%"(* 8@%"(&%A&#'%'* %(* 8@-''5/#-(#5"'* 85"(* ,@-/(#$#()*

A&)'%"(%*="%* Q5&(%*=(#,#()* '5/#-,%*%(y5=*%"$#&5""%4%"(-,%;* %(*A5=&* /%&(-#"%'* '(&=/(=&%'* /544%* ,%'*

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

4A! O9^c>* O4),#%;* j*:-* j* Q#"-"/%* '5,#8-#&%* (%&&#(5&#-,#')%* k* b* ="%* &)A5"'%* 8%* A&5R#4#()* %"* Q-$%=&* 8%* ,-*/5"'(&=/(#5"*8@="*(%&&#(5#&%*8%*&)Q)&%"/%*8-"'*="*A&5/%''='*8%*45"8#-,#'-(#5"*k;*3-S#%&'*8=*3_9_]*Fs0CHHo1;*AMCI;*085/=4%"(*%"*,#<"%;*/5"'=,()*,%*CHFI6Hs6aH1;*S((AbyyE-'%M'5/#5%/5M5&<y85/'y-|-&(#'MA8Q*

*

! Cs*

3cdO:_>;*8@-//54A-<"%&* ,%*A5&(%=&*8%*A&5W%(M* * :%'*)A-&<"-"('*j*'5,#8-#&%'*k;* #/#* /%*45(*A&%"8* (5=(*

'5"* '%"';* &)A5"8%"(* -=R* E%'5#"'* 8%* Q#"-"/%4%"(* 8%'* 5&<-"#'4%'* '5,#8-#&%'* 0%"(&%A&#'%';*

-''5/#-(#5"';*%(/M1M**

:-* Q#"-"/%*'5,#8-#&%*/@%'(*K* ,-* Q5#'*="*5=(#,*8%* ,=((%*/5"(&%* ,@%R/,='#5"*E-"/-#&%;*4-#'*-=''#*="* ,%$#%&*

Q#"-"/#%&M* :@="%* 8%'* W='(#Q#/-(#5"'* (S)5&#D=%'* 8%* ,@-/(#5"* 8%* ,-* Q#"-"/%* '5,#8-#&%* %'(* &%,-(#$%* K*

,@%R#'(%"/%* 8@="* j*&-(#5""%4%"(* 8=* /&)8#(*kM* 7-/%* K* ="%* /5"(&-#"(%* 8%* /&)8#(* '=E#%* A-&* ,%'*

%4A&="(%=&';* 8%'* "5=$%-=R* #"(%&4)8#-#&%'* Q#"-"/#%&'* '5"(* -AA-&='* 8-"'* ,%* E=(* 8%* &)A5"8&%* -=R*

%4A&="(%=&'*#"'-(#'Q-#('*%(*8%*,%'*&)#"()<&%&*8-"'*,%*'V'(Y4%*E-"/-#&%*0O&(#';*CHFH1M*

*c,*%R#'(%*8%=R*8)4-&/S%'*8@)A-&<"%*'5,#8-#&%;*,%'*3cdO:_>*-AA-&(%"-"(*K*,-*8%=R#Y4%*/-()<5&#%*b*

! ,@="%* D=#* /5"'#'(%* K* A&5A5'%&* 8%'* <-&-"(#%'* 5=* A&L('* 8@S5""%=&* K* A-&(#&* 8%* Q#"-"/%4%"('*

4#R(%'*0A=E,#/'*%(*A&#$)'1*p**

! %(* ,@-=(&%* D=#* 5QQ&%* 8%'* A&L('* 5=* 8=* /-A#(-,* &#'D=%* K* A-&(#&* 8%* /#&/=#('* /5=&('* %"(&%* ,%'*

%4A&="(%=&'*%(*,%'*)A-&<"-"('M**

:%'* )A-&<"-"('* '5,#8-#&%'* 5QQ&%* ="%* &)A5"'%* -=* /&%=R* E-"/-#&%;* %"* A-&(#/=,#%&* A5=&* ,%'* /&)-(%=&'*

8@%"(&%A&#'%'M*:%'*8#QQ)&%"(%'*%RA)&#%"/%'*8%* Q#"-"/%*'5,#8-#&%*5"(*8)45"(&);*D=@#,*)(-#(*A5''#E,%*8%*

Q#"-"/%&*%(*8@-//54A-<"%&*8%'*A&5W%('* &#'D=)';*'%,5"* ,-*D=-,#()*8%* ,@%4A&="(%=&;*-$%/*8%'*&)'=,(-('*

8%*&%4E5=&'%4%"(*'-(#'Q-#'-"('M*B-#'*-=''#*D=@#,*)(-#(*A5''#E,%*8%*45E#,#'%&*="%*)A-&<"%*%"<-<)%*%(*

8%*A&5R#4#()*A5=&* Q#"-"/%&*/%'*A&5W%('*A-&* ,-*/&)-(#5"*8%*/#&/=#('*/5=&(';* &%A5'-"(*'=&*8%'*&%,-(#5"'*

#"(%&A%&'5""%,,%';*/544%*/@%'(*,%*/-'*8-"'*="*/,=E*3cdO:_>M**

_"*7&-"/%;*,%*,-E%,*j*7#"-"'5,*k*-*)()*/&))*%"*Fsso*A5=&*-//54A-<"%&*,%*8)$%,5AA%4%"(*8%*,-*Q#"-"/%*

'5,#8-#&%* %(* ,=#* 5QQ&#&* ="%*4%#,,%=&%* $#'#E#,#()* j*7$% 7,6$7% 4$)=$+% ;$% ;'*+'"A&$)% 7$*% 4)5;&'+*% ;<#4,)A"$%

*57';,')$% ;$*% ,&+)$*% 4)5;&'+*% ;<#4,)A"$% ,&4)H*% ;&% A),";% 4&67'8N% S,)% 85"*#9&$"+C% '7% *$% 7'='+$% ?% 8$%

4#)'=H+)$%$+%"$%7,6$77'*$%$"%,&8&"%8,*%&"$%,**58',+'5"C%&"$%$"+)$4)'*$%5&%&"%#+,67'**$=$"+%J'","8'$)%

;,"*%*5"%$"*$=67$%k4B*

-M*:%'*(&5#'*/-"-=R*8%*,@)A-&<"%*'5,#8-#&%*%"*7&-"/%*

7#"-"'5,* ,-E%,,#'%*8%'*A&58=#('*$%"-"(*8%*(&5#'*/-"-=R*8@)A-&<"%*'5,#8-#&%M*:%'*)A-&<"-"('*'5,#8-#&%'*

,%*8%$#%""%"(*%"*A-''-"(*'5#(*A-&*b*

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!CG* 7#"-"'5,;* &=E&#D=%* j*,%* ,-E%,* 7#"-"'5,*k;* 085/=4%"(* %"* ,#<"%;* /5"'=,()* ,%* CHFI6FH6I1;*S((AbyygggMQ#"-"'5,M5&<yQ&yA5=&D=5#6="6,-E%,y-&(#/,%yA5=&D=5#6="6,-E%,MS(4,*

! aH*

" :%=&* %"(&%A&#'%* %"* /S5#'#''-"(* ="* Q5"8'* '5,#8-#&%* 8-"'* ,%=&* 8#'A5'#(#Q* 8@)A-&<"%* '-,-&#-,%*

/544%*,%*.__*5=*._c*0.,-"*8@UA-&<"%*_"(&%A&#'%*5=*c"(%&%"(&%A&#'%'1*%(*,%*._93f*5=*._93fc*

0.,-"*8@UA-&<"%*A5=&*,-*9%(&-#(%*35,,%/(#Qyc"(%&%"(&%A&#'%'1*p*

" :%=&* E-"D=%;* %"* '5='/&#$-"(* ="* ,#$&%(* E-"/-#&%;* ="* /5"(&-(* 8@-''=&-"/%6$#%;* 8%'* 8)Ai('* K*

(%&4%;*="*f.3PB;*%(/M*p*

" !"%* %"(&%A&#'%* '5,#8-#&%;* A&#"/#A-,%4%"(* %"* 8%$%"-"(* -/(#5""-#&%* 8%* ,@%"(&%A&#'%* 05=* %"*

5A(-"(* A-&4#* ,%'* -=(&%'* '=AA5&('* D=#* A%=$%"(* L(&%* A&5A5')'* b* /54A(%* /5=&-"(* 8@-''5/#)';*

5E,#<-(#5"*-''5/#-(#$%;*4#/&56A&L(*'5,#8-#&%*%"*,#<"%;*8)Ai(*K*(%&4%;*%(/M1M*

:%'*3cdO:_>;*5&<-"#'4%*-=D=%,*"5='*"5='*#"()&%''5"'*8-"'*,%*/-8&%*8%*/%*(&-$-#,*-AA-&(#%""%"(*K*,-*

(&5#'#Y4%*/-()<5&#%M**

EM*:%'*'%/(%=&'*D=#*E)")Q#/#%"(*8%*,@)A-&<"%*'5,#8-#&%*

:e)A-&<"%*'5,#8-#&%*A%&4%(*-=R*/#(5V%"'*8@-$5#&*="*&%<-&8*'=&*,@=(#,#'-(#5"*8%*,%=&*)A-&<"%*-Q#"*D=@%,,%*

"%*'%&$%*A,='*K*-,#4%"(%&*8%'*A&5W%('*85"(*,%*'%=,*5EW%/(#Q*'5#(*,-*&%"(-E#,#()*Q#"-"/#Y&%M*O#"'#*,@-&<%"(*

"@%'(* A,='* /5"'#8)&)* /544%* ="%* Q#"* %"* '5#* 4-#'* /544%* ="* 5=(#,* K* 4%((&%* -=* '%&$#/%* 8%* A&5W%('*

/#(5V%"'M*:%'*I*<&-"8'*'%/(%=&'*8-"'*,%'D=%,'*5"*A%=(*&%(&5=$%&*/%*(VA%*8%*A&5W%(*'5"(*,%'*'=#$-"('*b*

" O//Y'* K* ,e%4A,5#* b* c"'%&(#5"* A-&* ,e-/(#$#()* )/5"54#D=%;* &%$#(-,#'-(#5"* 8%'* (%&&#(5#&%'* %"*

8#QQ#/=,();*)<-,#()*8%'*/S-"/%'MMM!

" O//Y'*-=*,5<%4%"(*b*c"'%&(#5"*A-&*,%*,5<%4%"(*p!

" O/(#$#()'*)/5,5<#D=%'*b*7#,#Y&%'*E#5,5<#D=%';*)"%&<#%'*&%"5=$%,-E,%';*A&5(%/(#5"*8%*,-*"-(=&%MMM!

" _"(&%A&%"%=&#-(*8-"'*,%'*A-V'*%"*8)$%,5AA%4%"(*b*B#/&5/&)8#(;*/544%&/%*)D=#(-E,%M!

3%*'%/(%=&*%"*8)$%,5AA%4%"(*-*A%&4#'*%"*CHFC*8%*/&)%&*5=*/5"'5,#8%&*JX!UUU!%4A,5#'M**

[%*,5<%&*5=*&%,5<%&*YYUU!A%&'5""%'M**

[%*A&58=#&%*8%'*)"%&<#%'*&%"5=$%,-E,%'*)D=#$-,-"(*K*,-*/5"'544-(#5"*),%/(&#D=%*8%!YUUU!4)"-<%'M**

>5=(%"#&*A,='*8%*TU!<755794-!8%*E)")Q#/#-#&%'*8%*4#/&5/&)8#(*8-"'*,%*45"8%MCo!

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!Co*cE#8*

! aF*

!

H7F3),!J!+,-!),5('794-!:,!5(!>74(4=,!-957:(7),!ZJQ[QT[TUQT2!,4!<755794-!:O,3)9-\!W!193)=,!H74(4-95!

*

/M*9)A-&(#(#5"*8%'*A&58=#('*8@)A-&<"%*'5,#8-#&%**

]5='* A5=$5"'* &%4-&D=%&* D=%* ,-* &)A-&(#(#5"* 8%'* /-"-=R* 8%* ,@)A-&<"%* '5,#8-#&%* %'(* (&Y'* 8#'A-&-(%M*

.,-m-"(* ,@)A-&<"%* '-,-&#-,%* %"* (L(%* -$%/* rF* ~* * 8%'* '5='/&#A(#5"';* FH* ~* A5=&* ,@)A-&<"%* E-"/-#&%*

/,-''#D=%* %(* s* ~* A5=&* ,-* /-()<5&#%* D=#* "5='* #"()&%''%* #/#;* ,@)A-&<"%* /5,,%/()%* A-&* 8%'* %"(&%A&#'%'*

'5,#8-#&%'M* :%'* 3cdO:_>* 03,=E* 8@c"$%'(#''%=&'* A5=&* ="%* d%'(#5"* O,(%&"-(#$%* %(* :5/-,%* 8%* ,@_A-&<"%*

>5,#8-#&%1;*'5"(*8%'*'=AA5&('*8@#"$%'(#''%4%"(*-(VA#D=%';*"%*A&5A5'-"(*A-'*8%*A&58=#(*8@)A-&<"%*-=*

'%"'* '(&#/(* %(* "%* '5"(* 85"/* A-'* ,-E%,,#')'* 7#"-"'5,M* >#* ,%'* j3#<-,#%&'k* "%* '5"(* A-'* #"/,='* 8-"'* ,%'*

A5=&/%"(-<%'* )"5"/)'* /#68%''=';* #,* %'(* K* "5(%&* D=%* ,-* 7)8)&-(#5"* 8%'* 3cdO:_>* Q-#(* A-&(#%* 8%'*

Q5"8-(%=&'*8%*Q#"-"'5,;*%(*K*&%8%4-"8)*'-*,-E%,,#'-(#5"*%"*CHFIM**

c,*%'(*#4A5&(-"(*8%*A&)/#'%&*D=%*,%*8%<&)*8@%"<-<%4%"(*%(*8%*'5,#8-&#();*-#"'#*D=%*,-*(%&&#(5&#-,#()*8%*,-*

8)4-&/S%*'5"(*(&Y'*8#QQ)&%"('*%"(&%*A-&*%R%4A,%*,@)A-&<"%*'-,-&#-,%;*,%'*#"8#$#8='*"@)(-"(*A-&Q5#'*A-'*

/,-#&%4%"(*#"Q5&4)'*'=&*,%*Q-#(*D=@#,'*A-&(#/#A%"(*A-&*,%*E#-#'*8%*,%=&*)A-&<"%*K*,-*Q#"-"/%*'5,#8-#&%*%(*

="* #"$%'(#''%4%"(* '5,#8-#&%* &)-,#')*8#&%/(%4%"(*A-&* ,%'*)A-&<"-"(';*%"*'5='/&#$-"(*-=*/-A#(-,*8@="%*

%"(&%A&#'%*'5,#8-#&%*0(%4A';*A-&(-<%*8=*&#'D=%*Q#"-"/#%&*%(/M1M*

! aC*

!H7F3),!Y!L97:-!),5('7>!:,-!J!>(<755,-!:O?8()F4,!-957:(7),!,4!',)<,-!:,!-93-=)78'794-!Z(3!JQ[QT!:,!=R(E3,!

(44?,\![!193)=,I!H74(4-95!

*

O=W5=&8@S=#* ,-* Q#"-"/%* '5,#8-#&%* &%A&)'%"(%* ="* '%/(%=&* %"* 8)$%,5AA%4%"(;* A5=$-"(* '%* /S#QQ&%&* %"*

4#,,#5"'* 8@%=&5';* E#%"* D=%* ,%'* 8#QQ)&%"(%'* Q5&4%'* %(* ,5<#D=%'* 8@-/(#5"* 8%* ,@)A-&<"%* '5,#8-#&%* '5#%"(*

(&Y'*8#QQ)&%"(%';*"5(-44%"(*8-"'*,@%"<-<%4%"(*%(*,-*'5,#8-&#()*D=@%,,%'*&%D=#Y&%"(M*]5='*-,,5"'*"5='*

#"()&%''%&* A,='* A-&(#/=,#Y&%4%"(* K* ="%* '(&=/(=&%* 8@)A-&<"%* '5,#8-#&%* -(VA#D=%* %(* 5&#<#"-,%;* D=#*

%"(&%(#%"(*="*,#%"*A-&(#/=,#%&*-=*(%&&#(5#&%*b*,%'*3cdO:_>M*

! aa*

+M*:-*Q#"-"/%*'5,#8-#&%;*/#(5V%""%*%(*A-&(#/#A-(#$%;*,@%R%4A,%*8%'*3cdO:_>Cr**

.5=&*&)-,#'%&*/%*(&-$-#,*%(*4%((&%*%"*,#%"*,-*Q#"-"/%*'5,#8-#&%*2*,@#4A,#/-(#5"*,5/-,%*%(*,%*(%&&#(5#&%;*"5='*

"5='* '544%'* #"()&%'')'* K* ="%* %RA)&#%"/%* 8@)A-&<"%* '5,#8-#&%;* /#(5V%""%* %(* A-&(#/#A-(#$%*b* ,%'*

3cdO:_>M*]5='*&%$#%"8&5"'*#/#*'=&*,%'*/-&-/()&#'(#D=%'*8%*/%((%*'(&=/(=&%*8%*Q#"-"/%*'5,#8-#&%*%(*"5='*

A&)'%"(%&5"'*,@-''5/#-(#5"*&)<#5"-,%*8%'*3cdO:_>*8@O=$%&<"%M**

!

FM*d%"Y'%*8=*45=$%4%"(*8%'*3cdO:_>*

* :%* A&%4#%&* /,=E* 3cdO:_>;* "-X(&-* ,%* FI* W=#,,%(* Fsra;* '5='* ,@#4A=,'#5"* 8%* ,@O:[_OM* :%'* 8%=R*

A&%4#Y&%'*-"")%';* ,%*8)$%,5AA%4%"(*8%'*/#<-,%'*'%&-*-''%v* ,%"(*-$%/* ,-*/&)-(#5"*8%*'%=,%4%"(*="%*

8#v-#"%*8%* /,=E'M* c,* Q-=8&-* -((%"8&%*FsrZ* * A5=&*D=%* ,%*45=$%4%"(*8%'*3cdO:_>*A&%""%* '5"*%''5&;*

'=#(%*K* ,-*4#'%*%"*A,-/%*8@="%*-/(#5"*8%*8)$%,5AA%4%"(*%(*K* ,-*/&)-(#5"*8%* ,-*7)8)&-(#5"*"-(#5"-,%*

8%'*3cdO:_>M* :@5EW%/(#Q*8%*/%((%*-/(#5"*)(-#(* ,-* /&)-(#5"*8%*FHH*/,=E'*-Q#"*8@5&<-"#'%&* ,%*75&=4*8%'*

FHH*3cdO:_>*%(*-#"'#*4)8#-(#'%&* ,%'*-/(#5"'*8@)/5"54#%* '5,#8-#&%M* :@5EW%/(#Q* '%&-*D=-'#4%"(*-((%#"(;*

-$%/*sr*3cdO:_>*,5&'*8=*Q5&=4*%"*Q)$&#%&*Fssr;*-V-"(*Q#"-"/)'*Za*%"(&%A&#'%'*'=&*II*8)A-&(%4%"('M*

3%((%* 5A)&-(#5"* -=&-* )()* (&Y'* /5Ç(%='%;* /%,-* -E5=(#&-* K* ,-* ')A-&-(#5"* (5(-,%* %"(&%* ,@O:[_O* %(* ,-*

7)8)&-(#5"*8%'*3cdO:_>;* A&5$5D=-"(* ,-* 8#4#"=(#5"*8=*"54E&%*8%* /,=E'* %(* ,-* /&#'%* Q#"-"/#Y&%*8%* ,-*

7)8)&-(#5"M*

>#* ,%* 45=$%4%"(* %'(* Q&-<#,#');* #,* -=&-* /%A%"8-"(* <-<")* ="%* -''#'%* (%&&#(5&#-,%* %(* "-(#5"-,%;* ,=#*

A%&4%((-"(*8%*A-''%&*8@="%* #"#(#-(#$%*K*="*45=$%4%"(M*.-&-,,Y,%4%"(*8%'*-''5/#-(#5"'*(%&&#(5&#-,%'*

$5"(* '%* 8)$%,5AA%&* -=* "#$%-=* &)<#5"-,;* ,%=&* &i,%* '%&-* K* ,-* Q5#'* 8@-//54A-<"%&* ,%'* /,=E'* -=* "#$%-=*

&)<#5"-,;*4-#'*-=''#*8@L(&%*8%'*&%,-#'*8%*,-*7)8)&-(#5"M*3%*4-#,,-<%*(%&&#(5&#-,;*A%&4%((&-*8%*'(-E#,#'%&*

%(*8%*&%"Q5&/%&*,%*45=$%4%"(M*.&5<&%''#$%4%"(*,-*8)4-&/S%*3cdO:_>*'%*'(&=/(=&%&-;*&%"Q5&/)%*A-&*

="%*4%#,,%=&%*A5,#(#D=%*8%*/544="#/-(#5";*="*4-#,,-<%*%"(&%* ,%'*8#QQ)&%"('*-/(%=&'*8=*45=$%4%"(*

-=*"#$%-=*"-(#5"-,*%(*="%*4)8#-(#'-(#5"*/&5#''-"(%M*:%*45=$%4%"(*8)$%,5AA%&-*-=''#*8%*"5=$%-=R*

A-&(%"-&#-('*-$%/*8%'*5&<-"#'4%'*/544%*,@O.3_*0O<%"/%*]-(#5"-,%*.5=&*,-*3&)-(#5"*8@_"(&%A&#'%1;*,-*

]_7* 0]5=$%,,%* _/5"54#%* 7&-(%&"%,,%1;* 7&-"/%* O/(#$%;* ,%'* >3f.M* 3%,-* A%&4%((&-* 8%* &%"Q5&/%&* '-*

A5'#(#5"* -=* '%#"* 8%* ,-* Q#"-"/%* '5,#8-#&%M* _"* CHFa;* ,%* &)'%-=* /54A(-#(* Caa* /,=E'* -/(#Q';* &-''%4E,-"(*

aFHI*/#<-,#%&'M**

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!Cr*c"Q5&4-(#5"'*$%"-"(*8%*,@O''5/#-(#5"*(%&&#(5&#-,%*8%'*3cdO:_>*8%*7&-"/%;*085/=4%"(*%"*,#<"%;*/5"'=,()*,%*CHFI6HZ6FH1;*S((AbyygggM/#<-,%'6#8QM5&<y8%Q-=,(M-'Au"/}FsÉ#8}CÉ/-(}F*

! aI*

*

CM*f&<-"#<&-44%*8%'*3cdO:_>*

:%*45=$%4%"(*8%'*3cdO:_>*&%A5'%*'=&*="%*E-'%*Q)8)&-(#$%*%(*A5''Y8%*(&5#'*)/S%,,%'*8@-/(#5"*b*

-M*l*,@)/S%,,%*"-(#5"-,%*b*:-*7)8)&-(#5"*"-(#5"-,%*8%'*3cdO:_>*

:-* 7)8)&-(#5"* 8%'* 3#<-,%'* %'(* ="%* -''5/#-(#5"* 8%* ,5#* FsHFM* _,,%* -* A5=&* 5EW%(* ,@-"#4-(#5"* %(* ,%*

8)$%,5AA%4%"(*8=*45=$%4%"(*/5"'(#(=)*A-&*,%'*3#<-,%';*,%=&'*-''5/#-(#5"'*&)<#5"-,%'*%(*-''5/#-(#5"*

8%* '5=(#%"M* _,,%* %'(* <-&-"(%* 8%* ,@=(#,#'-(#5"* 8=* "54* 3#<-,%'* %(* 8%* ,-* /S-&(%* 8%'* 3#<-,%'M* O#"'#* %,,%*

(&-$-#,,%*-=*8)$%,5AA%4%"(*8%*A-&(%"-&#-(*%"(&%*,%'*3#<-,%'*%(*,%'*-=(&%'*&)'%-=R*8@-#8%*K*,-*/&)-(#5"*

8@%"(&%A&#'%* %(* 8%* Q#"-"/%4%"('* '5,#8-#&%';* "5(-44%"(* /%=R* 85"(* %,,%* -* )()* K* ,@5&#<#"%* /544%* ,-*

'5/#)()*8%*/-A#(-,6&#'D=%*d-&&#<=%M*:-*7)8)&-(#5"*%'(*&%'A5"'-E,%*8%*,-*A5,#(#D=%*8%*/544="#/-(#5"*K*

8%'(#"-(#5"* 8%'* -/(%=&'* #"'(#(=(#5""%,'* %(* '5/#56)/5"54#D=%'M* _,,%* %'(* /544%* "5='* ,@-$5"'* $=;*

4%4E&%* 8%* 7#"-"'5,* 0&%<&5=A%4%"(* "-(#5"-,* 8%'* Q#"-"/%=&'* '5,#8-#&%'1* %(* 8@c]Oc>_* 0&%<&5=A%4%"(*

#"(%&"-(#5"-,1*

EM*l*,@)/S%,,%*&)<#5"-,%*b*,%'*-''5/#-(#5"'*&)<#5"-,%'*

3%*'5"(*8%'*-''5/#-(#5"'*,5#*FsHF*%"*/S-&<%*8%*,-*/55&8#"-(#5"*8%'*/,=E'*'=&*="%*&)<#5"M*_,,%'*'%&$%"(*

8%*&%,-#'*%"(&%*,%'*3cdO:_>*%(*,-*7)8)&-(#5"M*:%'*-''5/#-(#5"'*&)<#5"-,%'*5"(*A5=&*4#''#5"*,%*'5=(#%"*K*

,-*/&)-(#5"*8%*/,=E'*8-"'*,-*&)<#5";*4-#'*'5"(*-=''#*8%'*%'A-/%'*8@#"Q5&4-(#5"*%(*8%*Q5&4-(#5"M*_,,%'*

-''=&%"(*,-*/55&8#"-(#5"*%(*,-*$#'#E#,#()*8%'*3cdO:_>M*

.5=&* %R%4A,%;* %"* O=$%&<"%;* ,@-/(#$#()* 8%* ,@-''5/#-(#5"* &)<#5"-,%* '%* 8)/,#"%* %"* (&5#'* <&-"8'* -R%'*

A&#"/#A-=R*b**

F +,!:?6,5988,<,4'!:,-!=53@-* b*%"*'@%"<-<%-"(*8-"'* ,%*'5=(#%"*K* ,-*/&)-(#5"*8%*/,=E*3#<-,%'*

8-"'* ,@%"'%4E,%* 8%* ,-* &)<#5";* %"* &)A5"8-"(* K* (5=(%* 8%4-"8%* 8@#"Q5&4-(#5"* 8%'*4%4E&%'*

8%'*/,=E'*3#<-,%';*%"*/5&&%'A5"8-"(*'=&* ,-*$#%* #"(%&"%*8%'*/,=E'*%(*'=&* ,%'*%"(&%A&#'%'*D=@#,'*

-//54A-<"%"(;*%(*%"*A-&(#/#A-"(*K*,-*Q5&4-(#5"*8%'*4%4E&%'*8%'*/,=E'*-=''#*E#%"*,5&'*8%*,-*

/&)-(#5"*D=%*(5=(*-=*,5"<*8%*,-*$#%*8%'*3cdO:_>*A-&*8%'*')-"/%'*-=*'%#"*8%'*/,=E'*5=*A-&*8%'*

&%"/5"(&%'*&)<#5"-,%'M*

F #47<('794!:3!)?-,(3!,'!(8837!(3K!=53@-*b*,%'*-''5/#-(#5"'*8%'*3cdO:_>*&%A&)'%"(%"(*,%'*/,=E'*

8-"'* ,%* &)'%-=*8%'*-/(%=&'*8%* ,-* /&)-(#5"*8@%"(&%A&#'%'* 0&%"/5"(&%';* '-,5"';* &)="#5"'1;*%,,%'*

-''=&%"(* ,-* /544="#/-(#5"* <)")&-,%* A5=&* ,@#"Q5&4-(#5"* 8%'* A5&(%=&'* 8%* A&5W%(;* 8%'*

A-&(%"-#&%'* 8=* '5=(#%"* K* ,-* /&)-(#5"* 8@%"(&%A&#'%'* %(* 8%* ,@)/5"54#%* '5,#8-#&%M* _"Q#"* ,%'*

! aZ*

-''5/#-(#5"'* &)<#5"-,%'* -AA=#%"(* ,%'* /,=E'* 3cdO:_>* 8-"'* ,@#"'(&=/(#5"* 8%'* 8%4-"8%'* 8%*

Q#"-"/%4%"(';*%,,%'*A%=$%"(*&%/%$5#&*,%'*8%4-"8%'*8%'*A5&(%=&'*8%*A&5W%(;*%(*,%'*4%((&%*%"*

&%,-(#5"*-$%/*,%*5=*,%'*/,=E'*3cdO:_>*/54A)(%"('*<)5<&-AS#D=%4%"(M*

+,-! (--9=7('794-! )?F794(5,-! -94'! ?F(5,<,4'! :,-! .,4'),-! :,! C,--93)=,-! ,'! :;#47<('794! -3)! 5(!

H74(4=,! 1957:(7),* b* %"* (-"(* D=@-/(%=&* 8%* ,-* Q#"-"/%* '5,#8-#&%* -=* "#$%-=* ,5/-,;* ,%'* -''5/#-(#5"'*

&)<#5"-,%'* (#%""%"(* -=''#* ="* &i,%*8@#"Q5&4-(#5";* 8@)(=8%';* 8@-"#4-(#5"*%(* 8%* /544="#/-(#5"* '=&* ,-*

Q#"-"/%*'5,#8-#&%M*

/M*l*,@)/S%,,%*,5/-,%*b*,%'*/,=E'*

l* ,@)/S%,,%* ,5/-,%* "5='* (&5=$5"'* ,%'* /,=E'* 3cdO:_>;* /54A5')'* 8@)A-&<"-"('* '5,#8-#&%'M* c,'* '5"(*

<)")&-,%4%"(*-8S)&%"('*8%* ,-*7)8)&-(#5"*"-(#5"-,%*%(*8%* ,@-''5/#-(#5"* &)<#5"-,%M*3S-D=%*-8S)&%"(*

/#<-,#%&*A-V%*="%*/5(#'-(#5"*-""=%,,%*K*/%'*8%=R*'(&=/(=&%'M**

*

H7F3),!]!^)F(47F)(<<,!:,-!."/#+01!W!193)=,!I!H?:?)('794!:,-!."/#+01!

*

CM*[)Q#"#(#5"*%(*Q5"/(#5""%4%"(*8%'*3cdO:_>*

* c''=*8%* ,@U/5"54#%*>5/#-,%*%(*>5,#8-#&%;*8-"'* ,%'*-"")%'*rH;* ,%*45=$%4%"(*8%'*3cdO:_>*0.,=E*

8@""$%'(#''%=&'*A5=&*="%*/%'(#5"*#,(%&"-(#$%*%(*+5/-,%*8%* ,@0A-&<"%*15,#8-#&%1* '@%'(* /5"'(&=#(* '=&* ,%*

/5"'(-(*D=@#,*%'(*A5''#E,%*K*8%*'#4A,%'*/#(5V%"'*8@-//54A-<"%&*/%,,%'*%(*/%=R*D=#*'%* ,-"/%"(*8-"'* ,-*

/&)-(#5"*5=* ,%*8)$%,5AA%4%"(*8@="%*%"(&%A&#'%M*3%(*-//54A-<"%4%"(*A&%"8* ,-* Q5&4%*8@="*-AA5&(*

Q#"-"/#%&* -=* /-A#(-,;* 4-#'* -=''#* 8@="* '5=(#%"* S=4-#"* %(* 8%* /5"'%#,'* -8-A()'M* !"* &%<-&8* %R()&#%=&*

! aG*

A%&4%(*K*,@%"(&%A&#'%*8%*A-''%&*A,='*'%&%#"%4%"(*'%'*A&%4#Y&%'*-"")%'*8@%R#'(%"/%M**

!"*/,=E*3cdO:_>*%'(*="%*'(&=/(=&%*8%*/-A#(-,*&#'D=%*'5,#8-#&%*45E#,#'-"(*,@)A-&<"%*8%*'%'*4%4E&%'*-=*

'%&$#/%*8%*,-*/&)-(#5"*%(*8=*8)$%,5AA%4%"(*8%*A%(#(%'*%"(&%A&#'%'*,5/-,%'*%(*/5,,%/(#$%'*0>O9:;*>3f.;*

>3c3;* >O;* -''5/#-(#5"* %(/M1M* O$%/* A5=&* /&#(Y&%'* 8%* E-'%* 8-"'* ,%* /S5#R* 8%'* %"(&%A&#'%';* 8%'* "5(#5"'*

%RA,#/#(%4%"(*#"()<&)%'*8-"'*,-*3S-&(%*8%'*3cdO:_>*b*

:%'*3cdO:_>*'5"(*8%'*/,=E'*8e#"$%'(#''%=&'*D=#*A-&(#/#A%"(*-=*/-A#(-,*8%*A%(#(%'*%(*45V%""%'*%"(&%A&#'%'M*

3e%'(*="*5=(#,*D=#;*A-&*,e%"<-<%4%"(*8%*'%'*4%4E&%';*'%*A,-/%*&)'5,=4%"(*-=*/q=&*8%*,e-/(#$#()*)/5"54#D=%*%(*Q#"-"/#Y&%;*A5=&*V*8)$%,5AA%&*8%'*A&-(#D=%'*-,(%&"-(#$%'*%(*'5,#8-#&%'*8%*A&5R#4#()*b*

1% \,Y+)'*$)% 7O&+'7'*,+'5"% ;$% *5"% #4,)A"$C% A#)$)% 7O#4,)A"$% ,&+)$=$"+C% ;$% =,"'H)$% +),"*4,)$"+$C% 8577$8+'($% $+%

;#=58),+'9&$C%5`%8P,8&"%$*+%?%7,%J5'*%)$*45"*,67$%$+%*57';,')$C%

1% [5""$)% &"% *$"*% #85"5='9&$% $+% &"$% 4),+'9&$% ?% 7,% "5+'5"% ;$% 4)5:'='+#% >% ),44)58P$)% 7O#4,)A"$% ;$%

7O'"($*+'**$=$"+%45&)%&"%;#($7544$=$"+%758,7%;&),67$C%

1%[#($7544$)%&"$%4),+'9&$%;'JJ#)$"+$%;$% 7O&+'7'*,+'5"%;&%8,4'+,7% >%$"% J,')$%&"% '"*+)&=$"+%;O,885=4,A"$=$"+%$+%

;O,44&'%,&:%$"+)$4)'*$*%8'A,7#$*%;,"*%&"%*5&8'%;$%)#8'4)58'+#%$"+)$%$"+)$4)$"$&)*%$+%#4,)A","+*C%

1% [5""$)% 7,% 4)'5)'+#% ?% ;$*% $"+)$4)$"$&)*% ;5"+% 7$*% 6&+*C% ,&% ;$7?% ;&% "#8$**,')$% ,*4$8+% J'","8'$)C% *5"+% *58',&:C%

8&7+&)$7*C%#8575A'9&$*C%8O$*+1?1;')$%)$*4$8+&$&:%;$%7,%47,8$%;$%7Of5==$%;,"*%*5"%$"(')5""$=$"+N!!

#--,<@5?,!/?4?)(5,!:,-!.7F(5,-!B!TUUU!

*

:%* 3,=E* %'(* /5"'(#(=)* 8%* ]! _! TU! 8,)-944,-! E37! <,'',4'! 34,! 8()'7,! :,! 5,3)! ?8()F4,! ,4! =9<<34!

0'5=$%"(*%"(&%*r;ZH*%(*ZH*%=&5'1M*c,*'%*&)="#(*A,='#%=&'*Q5#'*A-&*-"*A5=&*&%/%$5#&*,%'*/&)-(%=&';*8)/#8%&*

8%*,%=&'*A,-/%4%"('*%(*-QQ%/(%&*/%((%*)A-&<"%*/5,,%/(#$%*-=*/-A#(-,*8%'*%"(&%A&#'%'M*

! ao*

!

H7F3),!X!H94='7944,<,4'!:O34!=53@!."/#+01!W!193)=,!I!#--9=7('794!)?F794(5,!:,-!."/#+01!:O#36,)F4,!

*

_"*&%A&%"-"(*,-*8)Q#"#(#5"*8%*,@-''5/#-(#5"*&)<#5"-,%*8@O=$%&<"%;*="*/,=E*3cdO:_>*/@%'(*b*

D4,!-')3='3),!=94-'7'3?,!,4!74:767-794!I!

:@#"8#$#'#5"* %'(* ="* '(-(=(* W=&#8#D=%* D=#* '#<"#Q#%* D=%* ,-* <%'(#5"* 8%'* E#%"'* 0-&<%"(* %(* (#(&%'1* '%* Q-#(*

/5,,%/(#$%4%"(*'-"'*A5=$5#&*,%'*8#$#'%&*-$-"(*,-*Q#"*8=*/,=EM*

:-*8=&)%*8%*$#%*8%*,-*3cdO:_>*0/#"D*-"';*&%"5=$%,-E,%*="%*Q5#'1*8)A%"8*8%*/%((%*/5"(&-#"(%*W=&#8#D=%M*

!"%* #"8#$#'#5"* K* 8=&)%* 8)(%&4#")%* "@%'(* 8#''5=(%* D=@-=* E5=(* 8%* /%'* /#"D* -"")%';* /%* D=#* A%&4%(*

8@-''=&%&*="*'=#$#*8%'*#"$%'(#''%4%"('*%QQ%/(=)'M*3%*'(-(=(*,=#*<-&-"(#(*-#"'#*,-*(&-"'A-&%"/%*Q#'/-,%M*:-*

/5"/,='#5"*8%*,-*/5"$%"(#5"*8@#"8#$#'#5"*0-=*'%"'*8%*,@-&(#/,%*Froa6F*8=*358%*/#$#,1*A%&4%(*8%*<)&%&*/%*

/,=E*/544%*="%*'5/#)()*85()%*8%* ,-*A%&'5""-,#()*45&-,%M*O=*(%&4%*8%*'-*$#%;* ,%*/,=E*A&5/Y8%*K* ,-*

,#D=#8-(#5"*8%*'5"*A5&(%Q%=#,,%;*-=*A&5&-(-*8%'*-AA5&('*8%'*3#<-,#%&'M*

D4,!-')3='3),!:,!=(87'(5!)7-E3,!I!

!"*/,=E*3cdO:_>*#"(%&$#%"(*Q#"-"/#Y&%4%"(*8-"'*,%*/-A#(-,*8%*,@%"(&%A&#'%M*:@5EW%/(#Q*8=*/,=E*%'(*D=%*

,@-/(#$#()*Q#"-"/)%*%(*-//54A-<")%*-((%#<"%*'5"*'(-8%*8%*A)&%""#()M*:%'*4%4E&%'*8%'*/,=E'*3cdO:_>*

! ar*

'5"(* 8-$-"(-<%* #"()&%'')'* A-&* ,-* &)=''#(%* 8%* ,@%"(&%A&#'%* D=%* A-&* ,-* &%"(-E#,#()* Q#"-"/#Y&%* 8%'*

#"$%'(#''%4%"('*&)-,#')'M*

D4,!-')3='3),!:,!=955,=',!:;?8()F4,!:,!8)9K7<7'?!893)!:,-!3-(F,-!5,!853-!-936,4'!59=(3K!I!

_,,%*A%&4%(*8%*8)4=,(#A,#%&*,@%QQ#/-/#()*8%*'544%'*Q-#E,%'*-=*8)A-&(M*:%*/,=E*3cdO:_>*'%*$%=(*8Y'*,5&'*

-"#4-(%=&*8%*'5"*%"$#&5""%4%"(;*-=*'%&$#/%*8%'* #"#(#-(#$%'* ,5/-,%';*8%'*%"(&%A&#'%'*8%*A&5R#4#()*%(*

8%*,@%4A,5#M*

D4!57,3!:,!=946767(57'?2!:,!),4=94'),-!,'!:;(3'9B>9)<('794!_!5;?=949<7,!

O=68%,K*8%*,-*(%/S"#D=%*Q#"-"/#Y&%;* ,-*3cdO:_>*%'(*-$-"(*(5=(*="*,#%=*5n*,@-&<%"(*"@%'(*D=@="*45V%"*

A5=&*#&&#<=%&*="*A%=*A,='*,%*(#''=*,5/-,;*A-&(#/#A%&*K*,-*/&)-(#5"*8@%4A,5#'*%(*Q-#&%*8=*/#(5V%"*="*-/(%=&*

8%*'5"*%"$#&5""%4%"(*)/5"54#D=%M*_"*&-#'5"*8%*'-*Q5&4%*W=&#8#D=%;*,%*/,=E*3cdO:_>*'@-8&%''%*K*8%'*

%"(&%A&#'%'*8-"'* ,%'D=%,,%'* #,*A&%"8*8%'*A-&('*%"*/-A#(-,M*[-"'* ,%'*-''5/#-(#5"';* '5"* #"(%&$%"(#5"* '%*

(&-8=#(*8-"'*,%*/-8&%*8@="%*/5"$%"(#5"*8@-AA5&(*8%*S-=(*8%*E#,-"*-$%/*8&5#('*8%*&%A&#'%M*_,,%*"%*A%=(*

A-'* #"(%&$%"#&* 8-"'* ,%'* %"(&%A&#'%'* #"8#$#8=%,,%'M* :%'* 3cdO:_>* 5"(* 8)$%,5AA)* 8%'* A-&(%"-&#-('* -$%/*

8@-=(&%'*'(&=/(=&%'*8%*/5,,%/(%*8%*,@)A-&<"%*Q#"-"m-"(*,@)/5"54#%*'5,#8-#&%;*A-&(-<%-"(*,%=&'*$-,%=&'M*

`3,5E3,-!=R7>>),-!I!+;#='767',!:,-!=7F(5,-!,4!CHFa*

!

:%*"54E&%*8%*/#<-,#%&0%1'*45V%"*A-&*/,=E*b*QJ*

:%*45"(-"(*45V%"*8%*,@)A-&<"%*4%"'=%,,%*b*T]a!

:%*45"(-"(*45V%"*#"$%'(#*A-&*A&5W%(*0="*4L4%*A&5W%(*A%=(*L(&%*Q#"-"/)*A-&*A,='#%=&'*/,=E'1*b*Y!]UUa*

3%*'5"(*sZ*A&5W%('*D=#*5"(*)()*Q#"-"/)'*A5=&*="*#"$%'(#''%4%"(*(5(-,*8%*YJU!UUUa!

>(-(=('*8%'*%"(&%A&#'%'*/#<-,)%'*b*Xb!c*>O9:*p*Qb!c*>3c3y>3f.*p*QY!c*-''5/#-(#5"'*

193)=,!I!H?:?)('794!:,-!."/#+01!

*

*

*

!

!

! as*

aM*:@-''5/#-(#5"*&)<#5"-,%*8%'*3cdO:_>*8@O=$%&<"%*

* :@-''5/#-(#5"*&)<#5"-,%*8%'*3#<-,%'*8@O=$%&<"%*%'(*")%*%"*"5$%4E&%*CHFH*-Q#"*8%*8)$%,5AA%&*

%(*/5"'5,#8%&*/%*45=$%4%"(*8%* ,@)A-&<"%*'5,#8-#&%*%"*O=$%&<"%M* *O=*8)A-&(;*%,,%*'@%'(*-AA=V)%*'=&*

="*&)'%-=*8%*C*3#<-,%'*-/(#$%'*%(*8@="%*3#<-,%'*8%*d%'(#5"M*:%*&)'%-=*'@%'(*'(&=/(=&)*A5=&*-45&/%&*="*

45=$%4%"(*8%*/5,,%/(%*8@="%*)A-&<"%*'5,#8-#&%*8%*A&5R#4#()M**

:@-''5/#-(#5"*&)<#5"-,%*K* ,-*4#''#5"*8%*/&)%&*8%*"5=$%-=R*/,=E'*3#<-,%'*'=&* ,@%"'%4E,%*8%* ,-* &)<#5"*

O=$%&<"%;* 8%* &%A)&%&* %(* 8%* A-&(#/#A%&* -=* Q#"-"/%4%"(* /&5#')* 8%* A&5W%(* 8@%"(&%A&#'%'* '5,#8-#&%';*

%"$#&5""%4%"(-,%'* %(* /=,(=&%,,%'* %(* %"Q#";* 8%* &%"Q5&/%&* ,%'* A-&(%"-&#-('* -$%/* ,%'* &)'%-=R* 8%*

,@)/5"54#%* '5/#-,%* %(* '5,#8-#&%;* ,%'* -=(&%'* -/(%=&'* 8%* ,@)A-&<"%* '5,#8-#&%* 0(%&&%* 8%* :#%";* ]_7*

"5(-44%"(1;*,%'*'(&=/(=&%'*8@-#8%'*K*,-*/&)-(#5"*8@%"(&%A&#'%M*3%((%*#"#(#-(#$%*-*&%m=*,%*'5=(#%"*8=*7>_*

A-&* ,@#"(%&4)8#-#&%* 8=* 39_[c>;* 8%* ,-* 3-#''%* 8%'* [)Ai('* %(* 35"'#<"-(#5"'* %(* 8=* 35"'%#,* 9)<#5"-,*

O=$%&<"%M*

O=W5=&8@S=#;*,%*&)'%-=*&)<#5"-,*/54A(%*FI*/,=E'*3cdO:_>*-/(#Q';*%(*C*3cdO:_>*8%*<%'(#5"*&%<&5=A-"(*

FrH*/#<-,#%&'M*FH*/,=E'*'5"(*'#(=)'*'=&*,%*8)A-&(%4%"(*8=*.=V68%6[i4%*085"(*Z*K*3,%&45"(67%&&-"81;*

F* %"*?-=(%6:5#&%;* F* 8-"'* ,%* 3-"(-,* %(* a* 8-"'* ,@O,,#%&M* >#* ,%=&* ,5/-,#'-(#5"* %'(* A&)/#'%* '=&* ,-* /-&(%* /#6

8%''5=';*,%=&*(%&&#(5#&%*8@-/(#5"*8)A-''-"(*,%*'%=,*A)&#4Y(&%*8%*,-*/544="%;*,%'*/,=E'*/5=$&%"(*="%*

E5""%*A-&(#%*8=*(%&&#(5#&%*-=$%&<"-(M**

O=W5=&8@S=#;* ,%'*3cdO:_>*O=$%&<"%*/@%'(*b*ZH*HHH*Ñ*8@)A-&<"%*-""=%,,%;*85"(*Co*ZHH*Ñ*8)WK* #"$%'(#'*

A5=&*G*A&5W%('*%"*CHFIM**

!!

!

! IH*

!H7F3),!d!C?8()'7'794!F?9F)(8R7E3,!:,-!."/#+01!,4!#36,)F4,!W!193)=,!I!195,4!*()'74!

!

Moulins

Vichy

Riom

Clermont-Ferrand

BillomRochefort-Montagne

Le Puy-en-Velay

Aurillac

Aydat Issoire

-Solibredine-Yakayfaire

Célestine

Les Tanneries

Les Turlurons

L'Horloge

Les Milans

- APAISEES- L'Artière- Cent Façons- La Ruche

La Serre

L'Oustalet

Le Volcan

! IF*

:%'* A&5W%('* '5=(%"='* A-&* ,%'* 3cdO:_>* 8@O=$%&<"%* '5"(* 8%'* A&5W%('* K* Q5&(%* $-,%=&* -W5=()%* 0'5/#-,%;**

%"$#&5""%4%"(-,%;* /=,(=&%,,%1* A5=&* ,%* (%&&#(5#&%* -=$%&<"-(;* ,-* A,=A-&(* 8@%"(&%* %=R* $-,5&#'%"(* 8%'*

&%''5=&/%'*(%&&#(5&#-,%'*0A&58=#('*,5/-=R;*'-$5#&6Q-#&%*%(/M1M*3%&(-#"'*5"(*)()*'5=(%"='*-$-"(*,-*/&)-(#5"*

8%*,@-''5/#-(#5"*&)<#5"-,%;*A-&*8%'*/,=E'*-=(5"54%'M**

:%'*A&5W%('*/#<-,#%&'*%"*O=$%&<"%**

!

04'),8)7-,-!

!

#='767'?-!

!

193'7,4!."/#+01!

*e!+,!f7(3!g():74!P!!

>3c3*0/&))*%"*Fsso1**

c"'%&(#5"*A-&*,%*4-&-#/S-<%*E#5@**0_"(&%A&#'%*8@#"'%&(#5";*

B-&-X/S-<%*E#5@;*B-<-'#"*8%*$%"(%;*:#$&-#'5"*8%*A-"#%&'*8%*

,)<=4%'1**

.=V68%6[i4%*0Ga1*6*d%&v-(*

*3cdO:_>*8%'*[i4%'*

[-(%*8@#"$%'(#''%4%"(*b*Fsso*B5"(-"(*b*o*HHH*Ñ*

*.(>?!5,='3),!e!+,-!#3F3-',-!P!

>O9:*Ö*O''5/#-(#5"*0/&))*%"*Fsso1*!

3-Q)*:%/(=&%**

0O"#4-(#5"'*3=,(=&%,,%';*9%'(-=&-(#5";*3-Q)y+-&1*

*.=V68%6[i4%*0Ga1*2*3,%&45"(6

7%&&-"8*

*3cdO:_>*O=<='(#"%*

[-(%*8@#"$%'(#''%4%"(*b*CHHH*B5"(-"(*b*C*raZ*Ñ*

*C,-'(3)(4'!e!+(!/()F93755,!P!

>O9:*0/&))*%"*CHHI1*

*

O=E%&<%*O=$%&<"-(%*>#(=)%*-=*/%"(&%*8%*>(*O4-"(*^-,,%"8%*y*A,-('*8=*(%&&5#&*y*

A&58=#('*,5/-=R**

.=V68%6[i4%*0Ga1*6*>-#"(6O4-"86^-,,%"8%*

3cdO:_>*O=<='(#"%*[-(%*8@#"$%'(#''%4%"(*b*CHHa*B5"(-"(*b*a*HZH*Ñ*Ö*F*HHHÑ*

*!

h;7<(F,-!L)9:3='794-!

355A)&-(#$%*,5#*Io*0/&))%*%"*CHHa1*

.&58=/(#5"*/#")4-(5<&-AS#D=%*%(*-=8#5$#'=%,,%;*/-'(#"<*%(*&%A)&-<%';*

A5=&*,%'*,5"<'*4)(&-<%'*%(*,%'*(),)Q#,4'*

*O,,#%&*0Ha1*6*B5=,#"*

3cdO:_>*O=<='(#"%*[-(%*8@#"$%'(#''%4%"(*b*CHHa*

B5"(-"(*b*a*HHH*Ñ*75&4%*b*/-A#(-,*Ö*/54A(%*/5=&-"(*

8@-''5/#)'*

+(!/,4'7(4,!

>3c3*03&))%*%"*CHHI*

8)Ai(*8%*E#,-"*%"*CHHr1*

3%"(&%*8@-//=%#,*%(*8@-"#4-(#5"**

.=V68%6[i4%*0Ga1*6*+-<"5,'*

3cdO:_>*O=<='(#"%*[-(%*8@#"$%'(#''%4%"(*b*CHHI*

B5"(-"(*b*a*oHH*Ñ*

**7=)9!@)(--,)7,!f()@()93K!!

>O9:*0/&))%*CHHG1*

B#/&5*+&-''%&#%*+#5**

?-=(%6:5#&%*0Ia1*6*3S-''-<"%'*

3cdO:_>*+&#<-"$-Ü*[-(%*8@#"$%'(#''%4%"(*b*CHHG*

B5"(-"(*b*C*HHH*Ñ*

!

+(!>,)<,!(3K!(47<(3K!

>/5(*03&))%*%"*CHHG1*

:#%=*8%*$#%*A5=&*%"Q-"('*%"*8#QQ#/=,()*

O,,#%&*0Ha1*6*^&%E-*

*3cdO:_>*>5,#E&%8#"%*

[-(%*8@#"$%'(#''%4%"(*b*CHHs*B5"(-"(*b*a*HHH*Ñ*

!

+,-!(<7-!:;V3@,)'!

O''5/#-(#5"*,5#*FsHF*03&))%*%"*CHFF1*

>5=(#%"*K*="*4-&-#/S%&*0-<&#/=,(=&%*E#5,5<#D=%1*

O,,#%&*0Ha1*6*^&%E-*

*3cdO:_>*>5,#E&%8#"%*

[-(%*8@#"$%'(#''%4%"(*b*CHFF*B5"(-"(*b*a*HHH*Ñ*

! IC*

N7F49@5,!%,)),!:,!C^#!

_!9:*03&))%*%"*CHHs1*

.&58=/(#5"*8%*$#"*E#5,5<#D=%*

O,,#%&*0Ha1*6*B5"%(-V6'=&6O,,#%&*

3cdO:_>*>5,#E&%8#"%*[-(%*8@#"$%'(#''%4%"(*b*CHFH*

B5"(-"(*b*I*HHH*Ñ*

.R('!=9<<,!7<(F,!,'!5,!F9i'!:,-!

(3'),-!

O''5/#-(#5"*,5#*FsHF*03&))%*%"*CHFC1*

O"#4-(#5"*8@="*3-Q)6,#E&-#&#%6<-,%&#%*8@#,,='(&-(%=&'*K*B5=,#"'*

O,,#%&*0Ha1*6*B5=,#"*

*3cdO:_>*>5,#E&%8#"%*

[-(%*8@#"$%'(#''%4%"(*b*CHFC*B5"(-"(*b*a*HHH*Ñ*

!

1(>)(4!XJ!

O''5/#-(#5"*,5#*FsHF*03&))%*%"*CHFC1*

>5=(#%"*K*="*A&58=/(%=&*8%*'-Q&-"*%"*-<&#/=,(=&%*E#5,5<#D=%*

.=V68%6[i4%*0Ga1*2*.)&#<"-(6,Y'6>-&,#Y$&%'*

*3cdO:_>*3%"(*7-m5"'*

[-(%*8@#"$%'(#''%4%"(*b*CHFC*B5"(-"(*b*C*HHH*Ñ*

*

!

!

+(!-(6944,)7,!@93)@944(7-,!

>O9:*03&))%*%"*CHFC1*

.&58=/(#5"*8%*>-$5"'*%"*'-A5"#Q#/-(#5"*K*Q&5#8*

2*4%"(#5"*]-(=&%*%(*.&5<&Y'*P%"(%*8#&%/(%*%(*%"*,#<"%*

*

O,,#%&*0Ha1*2*O<5"<%'*

**

3cdO:_>*>5,#E&%8#"%*[-(%*8@#"$%'(#''%4%"(*b*CHFC*

B5"(-"(*b*a*HHH*Ñ**

!

!

!

.9<@)(755,-!$3)(@5,-!

>3c3*03&))%*%"*CHHs1*

B#'%*%"*A,-/%*8@5=(#,'*%(*8@-/(#5"'*A5=&*,-*4-X(&#'%*8%'*

/5"'544-(#5"';*/5"'%#,'*-=R*),='*,5/-=R;*A&5A5'#(#5"*8@="*

A,-/%4%"(*,5/-,;*)(S#D=%*%(*'5,#8-#&%*K*A,='*FrH*/55A)&-(%=&'*

%"*)(-"(*A&58=/(&#/%*,5/-,%*8e)"%&<#%'*&%"5=$%,-E,%'M*

:-*A&%4#Y&%*/%"(&-,%*AS5(5$5,(-ÜD=%*-*$=*,%*W5=&*'=&*,%*(5#(*8%*,e)/5,%*8%*:5=E%V&-(*8=&-"(*

,e)()*CHFHM*

.=V68%6[i4%*0Ga1*2*:5=E%V&-(*

**

3cdO:_>*:%'*^-""%&#%'*[-(%*8@#"$%'(#''%4%"(*b*CHFC*

B5"(-"(*b*F*HHH*Ñ**

!

!

!

j87=,)7,!5(!1.^L#!

>3f.*03&))%*%"*CHHs1*

3544%&/%*8@-,#4%"(-(#5"*<)")&-,%*0A&58=#('*-,#4%"(-#&%';*

)A#/%&#%;*8&5<=%&#%*Ä1*P%"(%*'=&*A,-/%*5=*,#$&-#'5"*

*

.=V68%6[i4%*0Ga1*2*>-#"(6+5""%(6A&Y'6f&/#$-,*

**

3cdO:_>*:%'*B#,-"'*[-(%*8@#"$%'(#''%4%"(*b*CHFC*

B5"(-"(*b*C*HHH*Ñ**

!

!

!

+,!@7-')9'!67F4,)94!

>O9:*03&))%*%"*CHFa1*

:%*A&5A&#)(-#&%*%'(*$#<"%&5"*%(*E#'(&5(#%&;*#,*A&5A5'%*8%'*4%"='*-=$%&<"-('*,5/-=R;*'-*A&58=/(#5"*8%*$#"'*%(*W='*8%*Q&=#('*%(*8%'*8)<='(-(#5"'*(S)4-(#D=%'*

*.=V68%6[i4%*0Ga1*2*3,%&45"(6

7%&&-"8*

*

**

3cdO:_>*8%*:@O&(#Y&%*[-(%*8@#"$%'(#''%4%"(*b*CHFa*

B5"(-"(*b*G*HHH*Ñ**

! Ia*

*0-8)7'!f97-!B!*,437-,)7,!

>O9:*03&))%*%"*CHFI1*

_"(&%A&#'%*%"*4%"=#'%&#%*2*)E)"#'(%&#%*2*-4)"-<%4%"(*b*

B5E#,#%&;*3=#'#"%*O4)"-<%4%"('*#"()&#%=&'*%(*

%R()&#%=&'*6*_E)"#'(%&#%**

.=V68%6[i4%*0Ga1*6*U<,#'%"%=$%6A&Y'6+#,,54*

*3cdO:_>*:%'*^=&,=&5"'**

[-(%*8@#"$%'(#''%4%"(*CHFI*B5"(-"(*b*C*ZHH*Ñ*

*

!

j:7'794-!L(F,!.,4')(5,!

355A)&-(#$%*,5#*Io*03&))%*%"*CHFF1*

B-#'5"*8@)8#(#5"*/55A)&-(#$%*8%*,#$&%'*A-A#%&*%(*"=4)&#D=%'*

'A)/#-,#')%*'=&*,%*B-''#Q*/%"(&-,*

.=V68%6[i4%*0Ga1*2*3,%&45"(67%&&-"8*

*3cdO:_>*:-*9=/S%*

[-(%*8@#"$%'(#''%4%"(*b*CHFI*B5"(-"(*b*I*HHH**Ñ*

!

+,!8935(755,)!

>3f.*Ö*O''5/#-(#5"**03&))%*%"*CHFI1*

3-E-&%(*&=&-,*

.=V68%6[i4%*0Ga1*2*95/S%Q5&(6B5"(-<"%*

*3cdO:_>*8%'*B#,-"'*

_"*/5=&'**

! II*

!H7F3),!b!+9=(57-('794!:,-!8)9k,'-!(==9<8(F4?-!8()!:,-!."/#+01!-3)!5,!',))7'97),!(36,)F4('!W!193)=,!I!195,4!

*()'74!

*

La Savonnerie Bourbonnaise

La Gentiane

Micro-Brasserie Barbaroux

- Café-lecture Les Augustes- Page Centrale- Le Bistrot du Vigneron

Esprit Bois Menuiserie

Le Biau JardinSCIC Combrailles Durables

Vignoble Terre de ROA

- Z'images Production- Chat comme une image et le goût des autres

Safran 63Le Poulailler

Auberge La Gargouille

Epicerie La SCOPA

Les Amis d'Hubert

La Ferme aux Animaux

Agonges

Bagnols

Chassagnes

Clermont-Ferrand

Egliseneuve-près-Billom

GerzatLoubeyrat

Monetay-sur-Allier

Moulins

Perignat-lès-Sarliève

Rochefort-Montagne

Saint-Amant-Tallende

Saint-Bonnet-près-Orcival

Saint-Menoux

Treban

! IZ*

* :-*Q#"-"/%*'5,#8-#&%;*%(*A,='*A-&(#/=,#Y&%4%"(* ,%'*3cdO:_>;*/54E#"%"(*K* ,-* Q5#'* ,@)/5"54#D=%*

%(* ,%* '5/#-,;* ,%* ,5/-,* %(* ,%* <,5E-,* 0d%"8&5"* %(* -,,;* CHHa1*L%3O'"+#)Q+% ;$% 8$++$% J'","8$% )$*45"*,67$% $*+%

9&O$77$% +$";% ?% )$*58',7'*$)% &"$% #85"5='$% 9&O5"% ,% 75"A+$=4*% 8P$)8P#% ?% #=,"8'4$)% ;$% *5"% ,"8),A$%

*58',7N%S$&%?%4$&C% 7$*%;'JJ#)$"+*%,8+$&)*%*58',&:%*O,44)54)'$"+%;$*%=#8,"'*=$*C%;$*%+$8P"'9&$*%$+%&"%

8P,=4% ,89&'*% ?% ;$*% $:4$)+*% ;&% 8,4'+,7C% 45&)% K% '=4&7*$)% ;O,&+)$*% J'",7'+#*% $+% $"% #7,)A')% 7$% 45+$"+'$7%

*58',7%M$'N% :%'* 3cdO:_>;* 45E#,#'%"(* 8%'* &%''5=&/%'* (%&&#(5&#-,%'* Q#"-"/#Y&%'* %(* S=4-#"%';* %"*

'@-AA=V-"(*'=&*="%*A&5R#4#()*<)5<&-AS#D=%*%(*5&<-"#')%M*:%'*/#(5V%"'*A-&(#/#A%"(*K*-//54A-<"%&*%(*

K*8)$%,5AA%&*8%'*A&5W%('*D=#* &%'A%/(%"(*="*/%&(-#"*"54E&%*8%*$-,%=&';*-=''#*E#%"*%"*4#,#%=*=&E-#"*

D=%* &=&-,M* O#"'#;* ,%'* /,=E'* 3cdO:_>* 5"(* (5=(%* ,%=&* &-#'5"* 8@L(&%* 8-"'* 8%'* (%&&#(5#&%'* E#%"* '5=$%"(*

4-&D=)'* A-&* ,-* /&#'%*b* ,%* ,#%"* %"(&%* ,@%"(&%A&%"%=&* %(* ,%'*4%4E&%'* 8@="* /,=E* -//&5X(* ,-* $#-E#,#()* 8%*

/S-D=%*A&5W%(*-//54A-<")M**

:-* ,5<#D=%* (%&&#(5&#-,%* %(* /544="-=(-#&%* Q-#'-"(* 8%'* 3cdO:_>* ="%* j*Q#"-"/%* (%&&#(5&#-,#')%*k* * '5='6

%"(%"8*D=%* /%((%* #"#(#-(#$%*8@)A-&<"%* '5,#8-#&%* %'(* ="* ,#%=*A&#$#,)<#)*A5=&*D=%'(#5""%&* ,%* &i,%*8%* ,-*

Q#"-"/%* '5,#8-#&%* '=&* ,@#4A,#/-(#5"* ,5/-,%;* 4-#'* -=''#* ,%* &i,%* 8%* ,-* Q#"-"/%* '5,#8-#&%* -=* '%#"* 8%'*

(%&&#(5#&%';* 8-"'* ="* /5"(%R(%* 8%* 4=(-(#5"'* '5/#56)/5"54#D=%';* 5n* ,%'* #")<-,#()'* '5/#-,%'* %(*

(%&&#(5&#-,%'*"%*/%''%"(*8%*'@-//&5X(&%M**

%

*

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!Csd%"8&5"*35&#""%;*+5=&D=%*d#,,%'*:M;*j*!"%*Q#"-"/%*&%'A5"'-E,%*K*,eY&%*8%*,-*45"8#-,#'-(#5"*)/5"54#D=%*k;*3Og85"5='$%457'+'9&$*Cy*CHHa*0"5*Fr1;*AM*ZH6GF;**gggM/-#&"M#"Q5y&%$=%6,6%/5"54#%6A5,#(#D=%6CHHa6C6A-<%6ZHMS(4*

! IG*

cccM*!"%*-AA&5/S%*'V'()4#D=%*8=*(%&&#(5#&%;*A5=&*)(=8#%&*="%*#"#(#-(#$%*/5,,%/(#$%*b*,%'*3cdO:_>*

*! !

* 3%*(&-$-#,*'@-((-/S%*K*4#%=R*/54A&%"8&%*,%'*&-#'5"'*%(*,%'*%QQ%('*8%*,@#4A,#/-(#5"*8%*/#(5V%"'*

8-"'*="*5&<-"#'4%*8%* Q#"-"/%* '5,#8-#&%;* %(* ,%'* #4A-/('* (%&&#(5&#-=R*D=#* %"*8)/5=,%"(M* >#* "5='*"5='*

#"()&%''5"'* K* ,-* 8#4%"'#5"* (%&&#(5&#-,%* 8%* /%((%* 8)4-&/S%;* #,* "5='* '%4E,%* #4A5&(-"(* 8%* 8)Q#"#&* %"*

D=5#* ,-* "5(#5"* 8%* (%&&#(5#&%* %'(* #"()&%''-"(%* A5=&* /%* '=W%(* %(* D=%,,%* -AA&5/S%* 8=* (%&&#(5#&%* "5='*

A&#$#,)<#5"'*A5=&*)/,-#&%&*/%'*8#QQ)&%"('*D=%'(#5""%4%"('M***

* ^%"(%&*8%*8)Q#"#&*,-*"5(#5"*8%*(%&&#(5#&%*'%4E,%*L(&%*="%*(J/S%*-&8=%*,5&'D=%*,@5"*8)/5=$&%*,-*

,#(()&-(=&%* /5"'-/&)%* K* /%* '=W%(M* [@%'A-/%* K* %"$#&5""%4%"(;* W='D=@K* (%&&#(5#&%;* (-"(i(* -E5&8)* '5='*

,@-"<,%*8%*,@5&<-"#'-(#5"*8%*,@%'A-/%*0%'A-/%*<)5<&-AS#D=%1*5=*'5='*/%,=#*8%'*-/(%=&'*0%'A-/%*'5/#-,1M*

c,* "@%R#'(%* "5"* A-'* ="%* 8)Q#"#(#5";* 4-#'* 8%'* 8)Q#"#(#5"';* 8%* /%* D=%* "5='* A5=&&#5"'* D=-,#Q#%&* 8%*

j*'V'(Y4%* /54A,%R%*k*b* ,%* (%&&#(5#&%M*]5='* &%(&5=$5"'* /%((%* #8)%* 8%* j*/54A,%R#()*k* /S%v* 9M* :-W-&<%*

0CHHH1;*j*7$%+$))'+5')$%"<$*+%4,*%&"%56I$+%"$&+)$%;#8';#%;,"*%7<,6*+),8+'5"%$+%;#85""$8+#%;&%)#$7N%R7%$*+%

,(,"+% +5&+% 6)'857#% 4,)% 7$*% ,8+$&)*% $"% J5"8+'5"% ;<&"% A),";% "5=6)$% ;$% 4,),=H+)$*% $"% 4$)=,"$"+$%

=&+,+'5"*kM*

>#* ,@5"* '@-AA=#%* '=&* ,-*8)Q#"#(#5"*85"")%*A-&*B5#"%* 0CHHG1;* ,%* (%&&#(5#&%*%'(* -$-"(* (5=(*="* 'V'(Y4%;*

j*,'"*'%85==$%&"%*K*+H=$%7$%+$))'+5')$%$*+%&"$%85"*+)&8+'5"%'"+$77$8+&$77$%D3$=5'A"$C%/ab2F%=5&(,"+$C%

#(57&+'($C% J75&$C%;5"+% 7$*% 8,),8+#)'*+'9&$*% 85))$*45";$"+% +5+,7$=$"+%?% 8$77$*%9&$% 7<5"%4$&+%,++)'6&$)%

47&*%A756,7$=$"+%,&%4)'"8'4$%;$%85=47$:'+#%D[$%U5*",KC%/adhFN%R7%*<,A'+%;<&"%+5&+C%85=45*#%;$%*5&*1

*K*+H=$*C% ;<#7#=$"+*C% $+% *&)+5&+% ;$% )$7,+'5"*% =&7+'47$*C% "5+,==$"+% ;$*% 65&87$*% ;$% )#+)5,8+'5"%

45*'+'($% 5&% "#A,+'($C% 9&'% #(57&$"+% ;,"*% 7$% +$=4*%M0.N% ]5='* &%(&5=$5"'* ="%* $#'#5"* 'V'()4#D=%* %(*

8V"-4#D=%*/S%v*8@-=(&%'*-=(%=&';*A5=&*d=4=/S#-"*%(*.%/D=%=&* 0CHHo1;* ,%* (%&&#(5#&%*%'(*j*&"%56I$+%

A#5A),4P'9&$%;K",='9&$%85"*+)&'+%4,)%7$*%,8+$&)*%,&+5&)%;<&"$%=,+)'8$%;$%)$**5&)8$*%kM%

*^&5#'*<&-"8%'*'ASY&%'*/54A5'%"(*/%*'V'(Y4%*0:%*+%&&%;*FssZ1*b*4-()&#%,,%*/5&&%'A5"8-"(*K*,@%'A-/%*

5EW%(;* #8)%,,%* /5&&%'A5"8-"(* K* ,@%'A-/%* 8%'* &%A&)'%"(-(#5"'* %(* %"Q#"* 5&<-"#'-(#5""%,,%* $=%* /544%*

,@%'A-/%*8%'*A&-(#D=%'M*

3S-E&-(*%(*?5=8-&(*0CHFa1;*-AA&5Q5"8#''%"(*/%'*8#QQ)&%"('*),)4%"('*b**

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

;H!B5#"%*O,%R-"8&%;*j*:%*(%&&#(5#&%*/544%*="*'V'(Y4%*/54A,%R%*b*="*/5"/%A(*5A)&-(5#&%*A5=&*,e-4)"-<%4%"(*%(* ,-* <)5<&-AS#%* k;* :@_'A-/%* <)5<&-AS#D=%* Cy* CHHG* 0^54%* aZ1;* AM* FFZ6FaC;* 085/=4%"(* %"* ,#<"%;* /5"'=,()* ,%*CHFI6FH6Hr1;*!9:*b*gggM/-#&"M#"Q5y&%$=%6%'A-/%6<%5<&-AS#D=%6CHHG6C6A-<%6FFZMS(4M*

! Io*

OM*:-*8#4%"'#5"*4-()&#%,,%*!

! +(! :7<,4-794! <('?)7,55,* Q-#(* &)Q)&%"/%* K* ,@%'A-/%* <)5<&-AS#D=%;* /@%'(6K68#&%* -=* 4#,#%=*

ASV'#D=%* %(* K* ,@%"$#&5""%4%"(M* :%'* S544%'* '@-AA&5A&#%"(* %(* -4)"-<%"(* /%'* %'A-/%';* A%&4%((-"(*

,@)4%&<%"/%*8@5&<-"#'-(#5"'*'A-(#-,%'*%(*8%*4=,(#A,%'*#"(%&-/(#5"'*Q5"8)%'*'=&*,%'*#"(%&&%,-(#5"'*%"(&%*

,%'* '5='6'V'(Y4%'*D=#* ,%* /54A5'%"(* 0"-(=&%,;* -"(S&5A#');* '5/#-,* %(* #"'(#(=(#5""-,#')1* 0B5#"%;* CHHG1M*

[%=R*/5"8#(#5"'*(%&&#(5&#-,%';*%"*,#%"*-$%/*,@-/(#5"*/5,,%/(#$%;*8)Q#"#''%"(*,-*8#4%"'#5"*4-()&#%,,%*b*,%'*

&%''5=&/%'* %(* ,%=&'* A&5R#4#()'M* :%'* &%''5=&/%'* '5"(* j* ,%'* 45V%"'* 85"(* 8#'A5'%* ="* #"8#$#8=* 5=* ="*

<&5=A%*A5=&*4%"%&*K*E#%"*="%*-/(#5"*%(y*5=*A5=&*/&)%&*8%* ,-*&#/S%''%*k* p*/%,,%'6/#*A%=$%"(*L(&%*8%*

"-(=&%* 8#QQ)&%"(%'* b* "-(=&%,,%* 0ASV'#D=%;* E#5,5<#D=%Ä1;* 4-()&#%,,%;* S=4-#"%;* '5/#-,%;* Q#"-"/#Y&%;*

#"'(#(=(#5""%,,%* %(* A5,#(#D=%* 5=* %"/5&%* /=,(=&%,,%* 0d,5";* .%/D=%=&;* CHFH1M* :@#"(%&$%"(#5"* S=4-#"%*

A%&4%(* 8%* 4%((&%* %"* $-,%=&* /%'* &%''5=&/%'* 4-#'* -=''#* 8@-/(#$%&* ,-* A&5R#4#()* <)5<&-AS#D=%*

0/5"'#8)&)%* /544%* "%=(&%* -=* 8)A-&(1* %"(&%* /%'* &%''5=&/%'* j*8<$*+% ,&% +),($)*% ;<&"$% ;K",='9&$%

8577$8+'($%;<,44)54)',+'5"%4,)%7$*%,8+$&)*C%9&$%;$*%)$**5&)8$*%*4#8'J'9&$*%?%&"%+$))'+5')$%;$('$""$"+%&"%

5&+'7%;$%;'JJ#)$"8',+'5"%$+%;<';$"+'+#%+$))'+5)',7$%kaFM**

*

+M*:-*8#4%"'#5"*#8)%,,%*!

! +(! :7<,4-794! 7:?,55,! 8=* (%&&#(5#&%;* /5&&%'A5"8* -=R* A%&/%A(#5"'* %(* &%A&)'%"(-(#5"'* 8%*

,@%'A-/%*<)5<&-AS#D=%;*D=%*'%*Q5"(* ,%'*-/(%=&'*8%* ,@%'A-/%*8-"'* ,%D=%,* #,'*)$5,=%"(;*-=*(&-$%&'*8@="*

%"'%4E,%*8%* Q#,(&%'* 0#"8#$#8=%,;* #8)5,5<#D=%;* '5/#)(-,1* * 0B5#"%;*CHHG1*D=#* /5"'(#(=%"(*8%'* #8)%';*8%'*

#4-<%';*8%'*'V4E5,%';*5=*%"/5&%*8%'*'5=$%"#&'*D=#*,%=&'*'5"(*A&5A&%'*0[#*B)5*%(*+=,)5";*CHHZ1M*3%'*

&%A&)'%"(-(#5"'*8%* ,@%'A-/%*5&#%"(%"(* ,-* A&#'%*8%*8)/#'#5"*%(* ,%'* /S5#R*8%'* -/(%=&'* %(* 8%'* #"8#$#8='*

'%,5"*8%=R*(%4A'*b*8%*,@5E'%&$-(#5"*8%*/%*D=@%'(*,@%'A-/%*<)5<&-AS#D=%*p*,5&'*8%*,-*A&5W%/(#5"*8%*/%*

D=%*'%&-*,@%'A-/%*<)5<&-AS#D=%*-A&Y'*,%*/S5#R*8@="%*-/(#5"M*[%*A-&*,%'*&%,-(#5"'*D=@="*#"8#$#8=*5=*="*

<&5=A%*8@#"8#$#8='*%"(&%(#%"(*-$%/* ,%* (%&&#(5#&%;* '%* /5"'(&=#(* /%*D=@5"*-AA%,,%* ,-* (%&&#(5&#-,#()* *L%%5"%

,44$77$),% ,8+$&)% 5&% ,A$"+% +$))'+5)',7'*#% +5&+% P5==$% 5&% +5&+$% J$==$% 9&'% 4,)+'8'4$% ;$% J,i5"%

'"+$"+'5""$77$% ?% &"% 4)58$**&*% ,K,"+% ;$*% '=47'8,+'5"*% +$))'+5)',7$*% DEF% X$*% ,8+$&)*% $+% 8$*% ,A$"+*%

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

;3! 3?O+9O^* >-E#"%;* ?f![O9^* B-&#%;* j*:@-AA&5/S%* 'V'()4#D=%* 8=* (%&&#(5#&%* A5=&* /54A&%"8&%* ,%*8)$%,5AA%4%"(* 8%'* 8)4-&/S%'* /5,,%/(#$%'* -<&#/5,%'M* :%* /-'* 8%'* 8)4-&/S%'* 8%* $-,5&#'-(#5"* 8%'* A&58=#('* 8%*,@),%$-<%*-,,-#(-"(*%"*O=$%&<"%*k;* c&'(%-;*!B9*B)(-Q5&(;*CHFa;*AMa;* 085/=4%"(*%"* ,#<"%;* /5"'=,()* ,%*CHFI6FH6Hr1;S((AbyygggM-'&8,QCHFaM5&<ycBdyA8Qy3|6|3S-E&-(|6|?5=8-&(|*|:|-AA&5/S%|'V'(%4#D=%|8=|(%&&#(5#&%|A5=&|/54A&%"8&%|,%|8%$%,5AA%4%"(|8%'|8%4-&/S%'|/5,,%/(#$%'|-<&#/5,%'MA8Q*

! Ir*

85"+)'6&$"+%6'$"%$"+$";&%?%7,%85"*+'+&+'5"%;$*%+$))'+5')$*N% R7*% 7$*%85"*+)&'*$"+%4,)%7$&)*%,8+'5"*%>%*,"*%

,8+$&)*C%4,*%;$%A#5A),4P'$C%4,*%;$%+$))'+5')$%"5"%47&*%M0-N!

:-*(%&&#(5&#-,#();*A&%4#Y&%*/5"8#(#5"*(%&&#(5&#-,%*8%*,-*'ASY&%*#8)%,,%;*'%*Q5&4%*K*(&-$%&'*,@-''%4E,-<%*

8%'*(%&&#(5#&%'*8@-AA-&(%"-"/%*8%*,@-/(%=&*0[#*B)5*%(*+=,)5";*CHHZ1;*%=R64L4%'*/5"'(#(=)'*8%*8#$%&'*

,#%=R* A&)Q)&%"(#%,'*4#'* %"* &)'%-=R* %(* 8)Q#"#'* /544%* 8%'* ,5/-,#'-(#5"'* <)5<&-AS#D=%'* A5&(%='%'* 8%*

'%"'* A5=&* ,@-/(%=&;* A=#'D=@%,,%'* Q5"(* &)Q)&%"/%* K* 8%'* $-,%=&'* %(* 8%'* '#<"#Q#/-(#5"'M* :-* /-A-/#()*

#"8#$#8=%,,%*5=*/5,,%/(#$%*8%'*-/(%=&'*K* (&-"'Q5&4%&* ,@%'A-/%*<)5<&-AS#D=%*j*#45&*$% 7$*%8,4)'8$*%;&%

+$=4*%k*0[#*B)5*%(*+=,)5";*CHHZ1*b*j*!&%85&)*%;&%+$=4*C%7<,8+$&)%85"*+)&'+C%;#85"*+)&'+%$+%)$85=45*$%

;5"8% *,% +$))'+5)',7'+#% $"% J5"8+'5"% ;$*% 7'$&:% $+% +$))'+5')$*% 9&'% *&*8'+$"+% 8P$]% 7&'% &"% *$"+'=$"+%

;<,44,)+$","8$%8<$*+1?1;')$%L%Q+)$%;$%7?%M*03S-E&-(;*?5=8-&(;*CHFa1M*

:-*/54A&)S%"'#5"*8%*/%*D=@%'(*,-*(%&&#(5&#-,#()*b*,%*,#%"*%"(&%;*="*-/(%=&*5=*="*<&5=A%;*%(*,%*(%&&#(5#&%;*

%'(*A&#45&8#-,%*,5&'D=%*,@5"*)(=8#%*="%*#"#(#-(#$%*/5,,%/(#$%*8%*Q#"-"/%*'5,#8-#&%;*,%'*3cdO:_>*A=#'D=%*

/@%'(*%"*Q5"/(#5"*8%'*&-AA5&('*A-&(#/=,#%&'*D=@#,'*%"(&%(#%""%"(*-$%/*="*%'A-/%*D=%* ,%'*-/(%=&'*$5"(*

-8-A(%&*,%'*-/(#5"'*K*4%"%&M**

:%'* (%&&#(5&#-,#()';* #"8#$#8=%,,%'* %(y5=* /5,,%/(#$%'* '5"(* ,%* '5/,%* 8%* /%* D=%* ,@5"* -AA%,,%* L%7<';$"+'+#%

+$))'+5)',7$*kM* 3%((%* #8%"(#()* %'(* /54A5')%* 8%* '%"(#4%"('* 8@-AA-&(%"-"/%* %(* 8@-AA&5A&#-(#5"* j*'8'%

8<$*+%8P$]%=5'C%8<$*+%=,%+$))$%k;*85""-"(*="*/-&-/(Y&%*'V4E5,#D=%*-=*(%&&#(5#&%*%(*/&)-"(*="%*#8%"(#()*

/5,,%/(#$%*A&5A&%*-=*(%&&#(5#&%*8)(%&4#")%*A-&*="*"54;*8%'*,#4#(%';*="%*S#'(5#&%*4-#'*)<-,%4%"(*A-&*

8%'*<&5=A%'*'5/#-=R*D=#*,%*Q5"(*%R#'(%&*0:-<-"#%&*%(*-,M;*CHHC1M*:-*(%&&#(5&#-,#()*%(*,@#8%"(#()*(%&&#(5&#-,%;*

85""%"(*"-#''-"/%*K*8%'*&%A&)'%"(-(#5"'*'5/#-,%'*%(*'A-(#-,%'*D=#*#"Q,=%"/%"(*,%'*A&#'%'*8%*8)/#'#5"*%(*

85"/*,%'*458%'*8@-/(#5"*%(*8@5&<-"#'-(#5"*8%'*-/(%=&'*03S-E&-(;*?5=8-&(;*CHFa1M*]5='*A5=$5"'*-#"'#*

-"(#/#A%&* D=%* ,%'* 3cdO:_>;* D=#* &%<&5=A%"(* 8%'* #"8#$#8='* 8@="* 4L4%* (%&&#(5#&%;* &%"Q5&/%"(* ,%=&*

(%&&#(5&#-,#()*%(*,%=&*#8%"(#()*(%&&#(5&#-,%M*

3M*:-*8#4%"'#5"*5&<-"#'-(#5""%,,%*!

! +(!:7<,4-794!9)F(47-('7944,55,;*/5&&%'A5"8*-=*Q-#(*D=@#,*V*-*'=&* ,%'*(%&&#(5#&%'*="*j*'V'(Y4%*

8@-/(%=&'*k;* /%'* 8%&"#%&'* -<#''%"(* /5"'/#%44%"(* 5=* #"/5"'/#%44%"(* '=&* ,@%'A-/%* <)5<&-AS#D=%;*

#"Q,=%"/)'*A-&*,%=&*8#4%"'#5"*#8)%,,%;*,%=&'*Q#,(&%';*%(*'=#$-"(*,%=&*A5'#(#5"*-=*'%#"*8%*/%*'V'(Y4%M*:%'*

-/(%=&'* $5"(* 85"/* '@5&<-"#'%&* A5=&* -4)"-<%&* %(* <)&%&* ,%* (%&&#(5#&%;* ,-* 8#4%"'#5"*5&<-"#'-(#5""%,,%*

/@%'(*j*8$77$%;$*%,8+$&)*%9&'%J5"+%7$%+$))'+5')$C%;$*%'"+$))$7,+'5"*%=&7+'47$*%9&'%7'$"+%8$&:%9&'%;#8';$"+C%

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!aC*[c*BUf*d=V;*+!:Uf]*.-'/-,;*j*,@%'A-/%*'5/#-,;*,%/(=&%*<)5<&-AS#D=%*8%'*'5/#)()'*k;*.-&#'*O&4-"8*/5,#";*CHHZ;*AMaF*

! Is*

4$)i5'($"+C%*<5445*$"+C%*<,77'$"+%$+%J'",7$=$"+%,=#",A$"+*k*0B5#"%;*CHHG1M*:%'*-/(%=&'*#"8#$#8=%,'*5=*

/5,,%/(#Q'* A-&(#/#A%"(* K* ,-* (&-"'Q5&4-(#5"* 8%'* (%&&#(5#&%';* %"* #4A=,'-"(* 8%'* 8V"-4#D=%'* 'A-(#-,%';*

(%&&#(5&#-,%'M* c,*%'(*8#QQ#/#,%*8@#8%"(#Q#%&* (5='* ,%'*-/(%=&';*/S-/="*%"(&%(%"-"(*8%'*&-AA5&('* #"8#$#8=%,'*

-=R*,#%=R;*/#"D*/-()<5&#%'*8@-/(%=&'*A%=$%"(*L(&%*A&#$#,)<#)%'*0B5#"%;*CHHG1;*A-&(#%,,%4%"(*#'5,)%'*,%'*

="'*8%'*-=(&%'*%(*D=@#,*Q-=8&-#(*&)="#&*-=*'%#"*8%*,@-/(#5"*(%&&#(5&#-,%*b*

6 ,@U(-(;*D=#*#"Q,=%"/%*A-&*'%'*A5,#(#D=%'*K*,-*Q5#'*,%'*/5,,%/(#$#()'*(%&&#(5&#-,%';*,-*'5/#)()*/#$#,%*%(*

,%'*/#(5V%"'*p*

6 ,%'*/5,,%/(#$#()'*(%&&#(5&#-,%';*-=*'%#"*8%'D=%,,%'*'@%RA&#4%*,%*45"8%*A5,#(#D=%;*K*="%*)/S%,,%*

&)<#5"-,%*%(*,5/-,%*p*

6 ,-*'5/#)()*/#$#,%*%(*'%'*4=,(#A,%'*<&5=A%';* ,5&'D=@#,'*'5=S-#(%"(*458#Q#%&* ,%=&*%"$#&5""%4%"(*

%(*8#'A5'%"(*A5=&*/%,-*8@="*&i,%*%QQ%/(#Q*5=*A5(%"(#%,*"5(5#&%*0P-#$&%;*CHHF1*p*

6 ,%'* #"(%&/544="-,#()';* 85"(* ,%* &i,%* "%* /%''%* 8%* '@-QQ#&4%&* %"* A5'#(#5"* #"(%&4)8#-#&%* %"(&%*

,@)/S%,5"*/544="-,*%(*,%'*)/S%,5"'*'=A)&#%=&'*08)A-&(%4%"(*%(*&)<#5"1*p*

6 ,%'*%"(&%A&#'%';*85"(*,%*8)$%,5AA%4%"(*-4Y"%*K*'-#'#&*,%'*5AA5&(="#()'*D=#*'@5QQ&%"(*K*%,,%';*

"5(-44%"(*$#'6K6$#'*8%*,@%'A-/%*<)5<&-AS#D=%*-=*'%#"*8=D=%,*%,,%'*)$5,=%"(Maa*

^5=W5=&'*'%,5"*3S-E&-(*%(*?5=8-&(*0CHFa1;*,%'*#"#(#-(#$%'*/5,,%/(#$%'*Q5"(*&)Q)&%"/%'*K*(&5#'*/5"8#(#5"'*

(%&&#(5&#-,%'* 8%* ,-* 8#4%"'#5"* 5&<-"#'-(#5""%,,%*b* ,%'* &)'%-=R;* ,-* <5=$%&"-"/%* -#"'#* D=%* ,-* A&5R#4#()*

5&<-"#'-(#5""%,,%*j*;$))'H)$%7,%"5+'5"%;$%L%8577$8+'J%MC%5"%J,'+%)#J#)$"8$%,&:%)$7,+'5"*%9&'%$:'*+$"+%$"+)$%

7$*%,8+$&)*C%8O$*+1?1;')$%,&:%)#*$,&:%9&<'7*%85"*+)&'*$"+%M02M**

:-*/5"'(#(=(#5"*8%*,#%"'*Q5&('*5=*Q-#E,%';*'%,5"*,-*Q&)D=%"/%*8%'*#"(%&-/(#5"'*0d&-"5$%((%&;*Fsoa1*/&)%*

8%'* &)'%-=R;* A-&(#/#A-"(* K* ,-* 8#4%"'#5"* 5&<-"#'-(#5""%,,%M* 3@%'(* ,@#8)%* D=@#,* %R#'(%* 8%'* &%,-(#5"'*

'5/#-,%'* 0="* j*/-A#(-,* '5/#-,*k1* %(* 8%'* '-$5#&6L(&%* D=#* Q-/#,#(%"(* ,-* /55&8#"-(#5"* %(* ,@-/(#5"* /5,,%/(#$%*

0:-&85";*B5D=-V;*.5'';*CHHo1M*

O=68%,K*8%'* &%,-(#5"'*%"(&%* #"8#$#8='*5=*<&5=A%';* #,* V* -*8%'*5=(#,'*8@5&<-"#'-(#5"*D=#*A%&4%((%"(* ,-*

/55&8#"-(#5"*%"(&%* ,%'*-/(%=&'*j*8$%*5"+% 7$*%4)58$**&*%$+%;'*45*'+'J*%;$%A5&($)","8$C%?% 7,% J5'*%=&7+'1

,8+$&)*% D'";'(';&$7*j8577$8+'J*C% 4)'(#*j4&67'8*C% ,**58',+'5"*%EF%=,'*% #A,7$=$"+%=&7+'1"'($,&:% D758,7$C%

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!aa*B5#"%*O,%R-"8&%;*j*:%*(%&&#(5#&%*/544%*="*'V'(Y4%*/54A,%R%*b*="*/5"/%A(*5A)&-(5#&%*A5=&*,e-4)"-<%4%"(*%(*,-*<)5<&-AS#%*k;*:@_'A-/%*<)5<&-AS#D=%*Cy*CHHG*0^54%*aZ1;*AM*FFZ6FaC;*085/=4%"(*%"*,#<"%;*/5"'=,()*,%*CHFI6FH6Hr1;*!9:*b*gggM/-#&"M#"Q5y&%$=%6%'A-/%6<%5<&-AS#D=%6CHHG6C6A-<%6FFZMS(4M*;>! 3?O+9O^* >-E#"%;* ?f![O9^* B-&#%;* j*:@-AA&5/S%* 'V'()4#D=%* 8=* (%&&#(5#&%* A5=&* /54A&%"8&%* ,%*8)$%,5AA%4%"(* 8%'* 8)4-&/S%'* /5,,%/(#$%'* -<&#/5,%'M* :%* /-'* 8%'* 8)4-&/S%'* 8%* $-,5&#'-(#5"* 8%'* A&58=#('* 8%*,@),%$-<%*-,,-#(-"(*%"*O=$%&<"%*k;* R)*+$,C%^\U%\#+,J5)+;*CHFa;*AMI;* 085/=4%"(*%"* ,#<"%;* /5"'=,()* ,%*CHFI6FH6Hr1;S((AbyygggM-'&8,QCHFaM5&<ycBdyA8Qy3|6|3S-E&-(|6|?5=8-&(|*|:|-AA&5/S%|'V'(%4#D=%|8=|(%&&#(5#&%|A5=&|/54A&%"8&%|,%|8%$%,5AA%4%"(|8%'|8%4-&/S%'|/5,,%/(#$%'|-<&#/5,%'MA8Q*

! ZH*

)#A'5",7$C%",+'5",7$C%$&)54#$""$%EF0hN*:-*<5=$%&"-"/%;*%'(*="*5=(#,*8%*A#,5(-<%*Q-/#,#(-"(*,%'*A&#'%'*8%*

8)/#'#5";*%(*,-*/5"'(&=/(#5"*8@="*A&5W%(M*:%'*&)'%-=R*%(*,%'*-/(#5"'*/5,,%/(#$%'*A-&(#/#A%"(*K*8%'*458%'*

8%*<5=$%&"-"/%*Q-/#,#(-"(*="%*5&<-"#'-(#5"*(%&&#(5&#-,%*S5&#v5"(-,%M*

_"Q#"* ,-* A&5R#4#()* 5&<-"#')%;* &%A5'%* '=&* ,%* Q-#(* D=%* 8%'* #"8#$#8='* '5#%"(* A&5/S%';* -=(&%4%"(* D=%*

<)5<&-AS#D=%4%"(;*-=*(&-$%&'*8%* ,%=&'*&%,-(#5"'*%(*8%* ,%=&'* #"(%&-/(#5"'*A-&*%R%4A,%M*:-*A&5R#4#()*

5&<-"#')%*'@%RA,#D=%*-=*(&-$%&'*8%*8%=R*,5<#D=%'*8#(%'*8@-AA-&(%"-"/%*%(*8%*'#4#,#(=8%*0d#,,V*%(*^5&&%;*

CHHH1M* :-* A&%4#Y&%* /5&&%'A5"8* K* ,@-AA-&(%"-"/%* 8@-/(%=&'* K* ="* 4L4%* &)'%-=;* /%'* 8%&"#%&'*

8)$%,5AA-"(*-,5&'*8%'*&%,-(#5"'*/544="%'*5=*8#&%/(%'*%"(&%*%=RM*3%/#*5QQ&%*,@5//-'#5"*-=R*-/(%=&'*8%**

A5=$5#&*/55A)&%&*%(*#"(%&-<#&;*Q-$5&#'-"(*,%*8)$%,5AA%4%"(*8%*,@-/(#5"*/5,,%/(#$%M*:-*'%/5"8%*,5<#D=%;*

8%* '#4#,#(=8%;* Q-#(* &)Q)&%"/%* -=* Q-#(* D=%* ,@-8S)'#5"* 8%* 8#QQ)&%"('* #"8#$#8='* K* 8%'* &)Q)&%"/%'*

/544="%';*"5&4%';*$-,%=&';*Q-/#,#(%*,%*8)$%,5AA%4%"(*8%*&%,-(#5"'*%"(&%*-/(%=&';*4L4%*,5&'D=@#,'*"%*

'%*/5""-#''%"(*A-';*5=*E#%"*A%=(*L(&%*,%*Q&=#(*8@="%*&%,-(#5"*A&)%R#'(-"(%M**

l* (&-$%&'* /%'* (&5#'* 8%&"#Y&%'* /5"8#(#5"';* 5"* A%=(* 8-$-"(-<%* '%* &%"8&%* /54A(%* 8=* A5(%"(#%,*

8@5&<-"#'-(#5"* %(* 8%* /55&8#"-(#5"* D=#* %R#'(%* '=&* ="* (%&&#(5#&%* L%8$% ;$)"'$)% #+,"+% 7$% *587$% ;<&"$%

;#=,)8P$% 8577$8+'($C% 5"% 4$&+% J,')$% 7<PK45+PH*$% 9&$% 47&*% 7$*% +$))'+5')$*% *<,44&'$)5"+% *&)% &"$%

A5&($)","8$% 6,*#$% *&)% 7$*% )#*$,&:% $+% 7,% 4)5:'='+#% 5)A,"'*#$C% 47&*% 7$% 85"+$:+$% *$),% J,(5),67$% ,&%

;#($7544$=$"+%;<'"'+',+'($*%8577$8+'($**kaGM*

]5(&%* SVA5(SY'%* %'(* D=%* ,%'* 3cdO:_>* '5"(* ,-* &)'=,(-"(%* 8%'* (&5#'* 8#4%"'#5"'* (%&&#(5&#-,%'* 8)Q#"#%'*

A&)/)8%44%"(M* :%'* 3cdO:_>* '@-AA=#%&-#%"(* -#"'#* '=&* ,-* $-,5&#'-(#5"* 8%* &%''5=&/%'* 8=* (%&&#(5#&%;*

&%''5=&/%'*S=4-#"%';* Q#"-"/#Y&%';* A&58=/(#$%'* %(/M* :%* /-A#(-,* '5/#-,* 8%'* /#<-,#%&'* %(* ,%=&* #"()<&-(#5"*

8-"'* 8%'* &)'%-=R* A%=(* L(&%* ="%* 8%'* &-#'5"'* 8%* ,%=&* #4A,#/-(#5"* 8-"'* ="%* '(&=/(=&%* 8%* Q#"-"/%*

'5,#8-#&%;* /%((%*4L4%* '(&=/(=&%* A%&4%((&-#(* 8%* &%"Q5&/%&* /%* /-A#(-,* '5/#-,* A-&* ,-* /&)-(#5"* 8%* ,#%"'*

Q-#E,%'* 5=* Q5&('M* :%'* 3cdO:_>* '@-AA=#%"(* '=&* ="%* A&5R#4#()* <)5<&-AS#D=%* %(* 5&<-"#')%;* D=#*

&%"Q5&/%&-#(*,%=&*(%&&#(5&#-,#()*%(*,%=&*#8%"(#()*(%&&#(5&#-,%M*:%'*3cdO:_>*'5=(#%""%"(*,%*8)$%,5AA%4%"(*

8@-/(#$#()'* '=&* ,%* (%&&#(5#&%;* 8%'* %"(&%A&#'%'* 5=* -''5/#-(#5"'* %4A,5V%='%'* K* Q5&(%* $-,%=&* -W5=()%*

0'5/#-,%;*%"$#&5""%4%"(-,%;*/=,(=&%,,%1;*8%'*-/(#$#()'*D=#*'5"(*Q5&(%4%"(*-"/&)%'*'=&* ,%*(%&&#(5#&%M*:-*

A-&(#/#A-(#5"*8@#"8#$#8='* K*8%'*3cdO:_>* '%&-#(* -,5&'* K*4L4%*8%* &%"Q5&/%&* ,%=&* ,#%"*-=* (%&&#(5#&%;* %"*

8)$%,5AA-"(*,%=&*A5(%"(#%,*8@-/(#5"*%(*8@#4A,#/-(#5"*,5/-,%*A5=&*,%*8)$%,5AA%4%"(*8%*/%,=#6/#M**

*

*

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!aZ*cE#8*aG*cE#8*

! ZF*

.94=53-794!

* 3%((%*A-&(#%*"5='*-*A%&4#'*8-"'*="*A&%4#%&*(%4A'*8%*/54A&%"8&%*%"*D=5#*#,*%'(*A%&(#"%"(*8%*

D=%'(#5""%&* ,%* &i,%*8%* ,@)/5"54#%* '5/#-,%* %(* '5,#8-#&%;* A,='*A&)/#')4%"(*8@="%* #"#(#-(#$%*8%* Q#"-"/%*

'5,#8-#&%;*,%'*3cdO:_>;*8-"'*,%*8)$%,5AA%4%"(*(%&&#(5&#-,*8=&-E,%M*]5='*-$5"'*A=*"5='*&%"8&%*/54A(%*

D=%*,%'*5&<-"#'-(#5"'*8@_>>;*'5"(*Q5&(%4%"(*-"/&)%'*(%&&#(5&#-,%4%"(M*.5&()%'*K* ,@#"#(#-(#$%*8@-/(%=&'*

,5/-=R;*%,,%'*A%&4%((%"(*8%*/&)%&*8%'*'(&=/(=&%'*%(*8%'*%4A,5#'*"5"*8),5/-,#'-E,%';*%,,%'*'@-AA=#%"(*

5=* $-,5&#'%"(*8%'* &%''5=&/%'* (%&&#(5&#-,%'* %(* -AA5&(%"(*="%* &)A5"'%* /5,,%/(#$%* K*8%'* %"W%=R* ,5/-=RM*

:%'*'(&=/(=&%'*8@_>>;*A-&*,%=&*A5(%"(#%,*8%*&)%"/-'(&%4%"(*8%*,-*'ASY&%*)/5"54#D=%*8-"'*,-*'ASY&%*

'5/#-,%* %(* ,%=&* <5=$%&"-"/%* 8)45/&-(#D=%;* A&5A5'%"(* 8%'* -/(#$#()'* /54A-(#E,%'* -$%/* ="*

8)$%,5AA%4%"(*(%&&#(5&#-,*8=&-E,%M**

_"* 8)Q#"#''-"(* A,='* A&)/#')4%"(* ,-* j*Q#"-"/%* '5,#8-#&%*k;* %(* %"* '@#"()&%''-"(* K* ="%* #"#(#-(#$%*

A-&(#/=,#Y&%*,%'*3cdO:_>;*"5='*-$5"'*A=*4#%=R*/5"'(-(%&*,%=&*(%&&#(5&#-,#()M*:%'*3cdO:_>*A&5A5'%"(*8%'*

5=(#,'*8%*Q#"-"/%4%"(*8%*A&5R#4#()*-"/&)'*8-"'*,%*(%&&#(5#&%*b*45E#,#'-(#5"*8@="%*)A-&<"%*,5/-,%*A5=&*

,%* Q#"-"/%4%"(*8%*A&5W%('*8@-/(#$#()'*%"*/&)-(#5"*5=*8)$%,5AA%4%"(*K* Q5&(%*$-,%=&*-W5=()%*A5=&* ,%*

(%&&#(5#&%*8%*&)Q)&%"/%M**

_"Q#";* A5=&* /54A&%"8&%* ,-* 8#-,%/(#D=%* Q#"-"/%* '5,#8-#&%* 2* (%&&#(5#&%;* "5='* -$5"'* A&#$#,)<#)* ="%*

-AA&5/S%* 'V'()4#D=%* 8=* (%&&#(5#&%;* '@#"()<&-"(* 8-"'* /%* D=@5"* -AA%,,%* ,-* <)5<&-AS#%* '5/#-,%* j*

3<,",7K*$% ;$*% 4)58$**&*% ;$% 8$*% A#5A),4P'$*% +),"9&'77$*% ;&% 9&5+';'$"% "5&*% 85"J')=$C% *<'7% $"% #+,'+%

6$*5'"C%9&$%7,%85"*+)&8+'5"%*58',7$%4$)=,"$"+$%;$*%+$))'+5')$*%"$%4$&+%)#*&7+$)%9&$%;<&"$%'"+$),8+'5"%

4&'**,"+$%$"+)$%7$*%*+)&8+&)$*%56I$8+'($*%;$%7<$*4,8$*%Dk&()$%;$*%*58'#+#*F%$+%7$*%*+)&8+&)$*%85A"'+'($*%

D+),;&'+$*% $"% '=,A$*% $+% $"% )$4)#*$"+,+'5"*C% $"% ';#575A'$*% ;'($)*$*F% lEm% 7$*% 4),+'9&$*% +),"9&'77$*% ;&%

9&5+';'$"%J5"+%4)$&($C%$"%4$)=,"$"8$C%;<&"%#+5"","+%$*4)'+%;<'"($"+'5"N%X$%*5"+%$77$*%9&'%4)5;&'*$"+%

*,"*% )$7n8P$% 7<$*4,8$% A#5A),4P'9&$% $+% *$*% +$))'+5')$** kaoM* ]5='* -E5&85"'* %"* %QQ%(* * ,-* "5(#5"* 8%*

j*(%&&#(5#&%*k*K*(&-$%&'*,%*A&#'4%*8%'*-/(%=&';*,%'*/#<-,#%&'M*:%*(%&&#(5#&%*%'(*,%*'=AA5&(*8%*/%'*#"#(#-(#$%'*

/5,,%/(#$%'*%(*/%'*8%&"#Y&%'*A-&(#/#A%"(*K* ,%* (&-"'Q5&4%&*b*j*:@%'A-/%*8-"'*(5=(%'*'%'*4-"#Q%'(-(#5"'*

%'(*="*#"<&)8#%"(*#"8#'A%"'-E,%*K*,-*$#'#E#,#();*K*,-*,#'#E#,#()*%(*85"/*K*,-*/54A&)S%"'#5"*8%'*/S5'%'*BM*

:=''-=,(* 0CHHC1;* /%A%"8-"(;* A5=&* L(&%* 5A)&-(#5""%,,%;* /%((%* <)5<&-AS#%* "%* A%=(* "#* "%* 85#(* 5=E,#%&*

/%=R* D=#* Q5"(* %(* 8)Q5"(* /%'* 5&<-"#'-(#5"'* %(* A-&* D=#* ,%'* #"(%&-/(#5"'* '%* A&58=#'%"(* b* ,%'* -/(%=&';*

&%A,-/)'*-=*/%"(&%*8%'*(%&&#(5#&%'*%(*/5"'(#(=)'*%"*="*)/S%$%-=*/54A,%R%*8@#"(%&&%,-(#5"'*kM**

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!ao*d=V*[#*B)5*/#()*A-&*:_]Oc]*B-&#%6O""%*j*[K",='9&$*%$+%,885=4,A"$=$"+%;$*%VSW%'"($"+'($*%$"%$*4,8$%

)&),7%'*57#%>%W"+)$%+$))'+5')$*%$+%)#*$,&:%>%3O$:$=47$%$"%X#],77'$)C%X5=6),'77$*%$+%\'77$(,8P$*%k;*(SY'%*8%*<)5<&-AS#%;*="#$%&'#()*+,-#'%*.-'/-,*2*3,%&45"(67%&&-"8;*AMIr*

! ZC*

!"#$%&'('2!!"#$%&'#&(!!!"#$%$&$'(!"#*!*

j*R7%"<K%,%4,*%&"$%=#+P5;$%&"'9&$%45&)%#+&;'$)%7$*%8P5*$*%k*O&#'(5(%M*

* 3%((%*A-&(#%*/5"'#'(%&-*K*&%$%"#&*'=&* ,%'*8#QQ)&%"(%'*)(-A%'*4)(S585,5<#D=%'*D=#*5"(*A%&4#'**

,@-E5=(#''%4%"(*8%*/%*(&-$-#,M**

*

*

_,,%*'%*/54A5'%*8%*(&5#'*A-&(#%'*D=#*/5"'#'(%"(*K*%RA5'%&*,-*A&5E,)4-(#D=%*%(*,%'*SVA5(SY'%'*D=#*%"*

8)/5=,%"(;* K* %RA,#D=%&* ,%* /S5#R* 8=* (%&&-#"* 8@)(=8%* %(* -$5#&* ="%* $#'#5"* 'V"(S)(#D=%* %(* &)<#5"-,%* 8%*

,@_>>* %(* 8%* ,-* Q#"-"/%* '5,#8-#&%;* K* &%$%"#&* '=&* ,%'* 5=(#,'* =(#,#')%'* A5=&* -AA5&(%&* 8%'* ),)4%"('* 8%*

&)A5"'%'*K*/%'*8#QQ)&%"(%'*#"(%&&5<-(#5"'*b*,%*D=%'(#5""-#&%*%(*,%*<=#8%*8@%"(&%(#%"M*

*

! Za*

!

cM*.&5E,)4-(#D=%*%(*SVA5(SY'%'**

:%'* /,=E'* 3cdO:_>* &%<&5=A%"(* '=&* ,%'* (%&&#(5#&%'* 8%'* /#(5V%"'* D=#* -//54A-<"%"(* 8%'* A5&(%=&'* 8%*

A&5W%(* 8)'#&-"(* /&)%&* 5=*8)$%,5AA%&* ,%=&* %"(&%A&#'%M* :@-//54A-<"%4%"(* '%* Q-#(* '5='* ,-* Q5&4%*8@="*

-AA5&(*Q#"-"/#%&*-=*/-A#(-,;*4-#'*-=''#*8@="*'5=(#%"*S=4-#"*%(*8%*/5"'%#,'*-8-A()'M*3%,-*A%&4%(*K*8%'*

#"8#$#8=';* D=#* "@5"(* A-'* Q5&/)4%"(* ,%* /-A#(-,* Q#"-"/#%&* 5=* '5/#-,;* 8%*4%"%&* K* (%&4%* ,%=&* A&5W%(* 8%*

/&)-(#5"*8@%"(&%A&#'%*%(*-#"'#*8@-//&5X(&%*,-*$#-E#,#()*8%*,%=&'*A&5W%('*%"*)(-"(*4#%=R*-//54A-<")'M*:%'*

A&5W%('*A%=$%"(*L(&%*8%'*^._;*.B_*5=*4L4%*8%'*-''5/#-(#5"'*%4A,5V%='%'M*:-*8#4%"'#5"*'5/#)(-,%*

%'(* -=* /q=&* 8%* ,-* /S-&(%* 8%'* A&5W%(';* ,%'* /#<-,#%&'* '5"(* -#"'#* '5=/#%=R* 8%'* &%(54E)%'* '5/#-,%';*

/=,(=&%,,%'* %(* )/5,5<#D=%'* 8%'* A&5W%(';* /e%'(6K68#&%* D=%* ,%'* %"(&%A&#'%'* '5#%"(* &%'A%/(=%='%'* 8%* ,-*

A,-/%* 8%* ,e?544%* 8-"'* '5"* %"$#&5""%4%"(M* 3%,-* A%&4%(* -=R* /#<-,#%&'* 8%*4-X(&#'%&* ,e=(#,#'-(#5"* 8%*

,%=&* )A-&<"%* %"* ,-* <)&-"(* -=(&%4%"(;* 8%* 4-"#Y&%* (&-"'A-&%"(%;* /5,,%/(#$%* %(* 8)45/&-(#D=%M* B-#'*

'=&(5=(*,%'*3cdO:_>*5QQ&%"(*-=R*#"8#$#8='*="*A5=$5#&*8@-/(#5"*,5/-,;*%"*85""-"(*="*'%"'*)/5"54#D=%*

%(*="%*A&-(#D=%*K*,-*"5(#5"*8%*A&5R#4#()*A-&*,%*Q-#(*8%*&-AA&5/S%&*,e)A-&<"%*8%*,e#"$%'(#''%4%"(M**

O=''#*"5='*A5=$5"'*-$-"/%&*D=%*,%'*3cdO:_>*'5"(*A5&(%='%'*8@-"/&-<%*(%&&#(5&#-,;*A&#"/#A%*$)&#Q#-E,%*

K*(&-$%&'*I*-'A%/('*arb*

6 ":,4'7'(7),!b*:-*$-,5&#'-(#5"*8=*(%&&#(5#&%;*"5(-44%"(*8%'*&%''5=&/%'*(%&&#(5&#-,%'*A-&*,%*E#-#'*

8%'*%"(&%A&#'%'*%(*,%*'%"(#4%"(*8@-AA-&(%"-"/%*8%'*/#<-,#%&'*%(*8%'*A5&(%=&'*8%*A&5W%('*p*

6 19=7(5* b* ,%* ,#%"* '5/#-,;* ,%* /-A#(-,* '5/#-,* 8%'* /#<-,#%&'* %(* 8=* /&)-(%=&;* K* (&-$%&'* ,%'* &)'%-=R*

&%,-(#5""%,'M* .5=&* ,@%"(&%A&#'%;* /%,-* &%"$5#%* -=''#* -=R* /55A)&-(#5"'* #"(%&'%/(5&#%,,%';*

#"(%&A&5Q%''#5""%,,%'*(%&&#(5&#-,%'*),-E5&)%'*p*

6 0=949<7E3,* b*:%'*&%(54E)%'*)/5"54#D=%'*8%'*%"(&%A&#'%'*'=&*,%*(%&&#(5#&%*045E#,#'-(#5"*8%*

&%''5=&/%'* (%&&#(5&#-,%'* 'A)/#Q#D=%'1;* ,%* /-A#(-,* )/5"54#D=%* 8%'* /#<-,#%&'*b* ,%=&* )A-&<"%*

&)#"W%/()%*,5/-,%4%"(*p*

6 L957'7E3,* b* D=#* &%"$5#%*-=R* /-A-/#()'*8@#"(%&$%"(#5"*8-"'* ,-* 'ASY&%*A=E,#D=%*%(* (%&&#(5&#-,%;*

4-#'* -=''#* K* (5=(* ="* /-A#(-,* 'V4E5,#D=%M* 3%((%* A&5R#4#()* #"'(#(=(#5""%,,%* 0/5,,%/(#$#()'*

(%&&#(5&#-,%'y/S-4E&%'*/5"'=,-#&%'y_(-(1*A%=(*L(&%*-/(#$)*A-&* ,%'*/#<-,#%&';*8)'#&%=R*8%*/&)%&*

8%'*A-&(%"-&#-('*A5=&*-$5#&*A,='*8%*$#'#E#,#()*5=*A-&*,%'*A5&(%=&'*8%*A&5W%(M*.5=&*,%'*/#<-,#%&'*

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!ar*:_]Oc]*B-&#%6O""%*j*[K",='9&$*%$+%,885=4,A"$=$"+%;$*%VSW%'"($"+'($*%$"%$*4,8$%)&),7%'*57#%>%W"+)$%

+$))'+5')$*%$+%)#*$,&:%>%3O$:$=47$%$"%X#],77'$)C%X5=6),'77$*%$+%\'77$(,8P$*%k;*(SY'%*8%*<)5<&-AS#%;*="#$%&'#()*+,-#'%*.-'/-,*2*3,%&45"(67%&&-"8;*AMZCM*

! ZI*

5=* ,%* /&)-(%=&;* ,@-AA&5A&#-(#5"* 8=* (%&&#(5#&%* A-''%* -,5&'* A-&* ="* #"$%'(#''%4%"(;* ="%*

#"(%&$%"(#5"*8-"'*,-*$#%*A=E,#D=%*,5/-,%M*

:@5EW%(*%(*,%'*/-&-/()&#'(#D=%'*8=*A&5W%(*3cdO:_>;*"5(-44%"(*A-&*,%*Q-#(*D=@#,*'5#(*#"(#4%4%"(*,#)*

-=*(%&&#(5#&%;*"5='*-4Y"%"(*K*A5'%&*,-*A&5E,)4-(#D=%*'=#$-"(%*b*

04! E3972! 5(! 8()'7=78('794! :,! =7'9&,4-! _! :,-! -')3='3),-! :,! >74(4=,! -957:(7),2! =7'9&,44,! ,'!

8()'7=78('76,!=9<<,!5,-!."/#+01!5,3)!8,)<,'!:,!:,6,47)!:,-!(=',3)-!746,-'7-!,'!=94')7@3(4'!_!

34!:?6,5988,<,4'!',))7'9)7(5!:3)(@5,!A!!

]5'*SVA5(SY'%'*'@-&(#/=,%"(*-=(5=&*8%'*D=-(&%*-QQ#&4-(#5"'*'=#$-"(%'*b*

FM :%'*/,=E'*3cdO:_>* '5"(*8%'*$%/(%=&'*8%*/%*D=%* ,@5"*-AA%,,%*j*,@)8=/-(#5"*A5A=,-#&%*k*A-&/%*

D=@#,'*85""%"(*-=R*#"8#$#8='*="*5=(#,,-<%*A%&4%((-"(*8@-//&5X(&%*,%=&*j*A5=$5#&*8@-<#&*kM*

CM :%'* /,=E'* 3cdO:_>* &%"Q5&/%"(* ,@-"/&-<%;* ,-* /5"'/#%"/%* 8@-AA-&(%"-"/%* %(* ,-* /5"'/#%"/%* 8=*

A5(%"(#%,*8@-/(#5"*8%'*#"8#$#8='*'=&*,%=&*(%&&#(5#&%M*

aM :@%"'%4E,%* 8%* /%'* -/(#5"'* '5"(* A&#45&8#-,%'* A5=&* ,%* 8)$%,5AA%4%"(* %(* ,-* $#(-,#()* 8%'*

(%&&#(5#&%';*A,='*'A)/#Q#D=%4%"(*8%'*(%&&#(5#&%'*K*854#"-"(%*&=&-,%M*

IM :@-/(#5"*8%'*/#<-,#%&'*'=&*,%=&*(%&&#(5#&%*A-&(#/#A%*K*="*8)$%,5AA%4%"(*(%&&#(5&#-,*8=&-E,%M*

[%*/%'*D=-(&%*-QQ#&4-(#5"'*8)/5=,%"(*A,='#%=&'*D=%'(#5""%4%"('*b*

h=#*'5"(*,%'*)A-&<"-"('*'5,#8-#&%'*%"*O=$%&<"%*u*

h=%,,%'*'5"(*,%'*&-#'5"'*8%*,%=&*#4A,#/-(#5"*8-"'*="*/,=E*3cdO:_>*u**

h=%,'*'5"(*,%'*%QQ%('*8%'*3cdO:_>*'=&*,%'*#"8#$#8='*%(*'=&*,%'*(%&&#(5#&%'*u*

*

]5(&%* A&#"/#A-,%* SVA5(SY'%* %'(* D=%* ,%* Q-#(* 8%* '@#4A,#D=%&* 8-"'* ="* 5&<-"#'4%* 8%* Q#"-"/%* '5,#8-#&%*

/544%*,%'*3cdO:_>;*%'(*="*j*Q-#(*'5/#-,*kasM*3%,-*85#(*L(&%*,-*&)'=,(-"(%*8@="*A&5/%''='*%(*#,*85#(*L(&%*

A5''#E,%* 8@#8%"(#Q#%&* ="* j*A&5Q#,6(VA%*k* 8%* /#<-,#%&'M* :%'* 3cdO:_>* 85#$%"(* A5=$5#&* A-&(#/#A%&* K*

j*(&-"'Q5&4%&*k* ="* #"8#$#8=* 0A&#'%* 8%* /5"'/#%"/%;* /%"(&%'* 8@#"()&L('* "5=$%-=R;* "5=$%,,%'*

#4A,#/-(#5"'1;*'=&(5=(*8-"'*,%*/-'*8%*/#<-,#%&'*D=#*"%*'@)(-#%"(*W-4-#'*#4A,#D=)'*-=A-&-$-"(M**

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

;G! >5"(* 8%'* Q-#('* '5/#-=R* (5='* ,%'* AS)"54Y"%';* (5='* ,%'* /54A5&(%4%"(';* (5=(%'* ,%'* &%A&)'%"(-(#5"'*#8)5,5<#D=%';* &%,#<#%='%';* %'(S)(#D=%'* '=QQ#'-44%"(* Q&)D=%"('* 8-"'* ,-* '5/#)()* A5=&* L(&%* 8#(* &)<=,#%&'* %(*'=QQ#'-44%"(*)(%"8='*A5=&*L(&%*D=-,#Q#)'*8%*/5,,%/(#Q'M*

*

!!!"

!"#$%"&'(')'*'+,"-%.'/%'$01,&/%'.&2'*$"'345"56%'.7$4/"42%'%,'$048-$46",475'$76"$%'9'

:%.'1,"-%.'/%'$;1,&/%'<'$"'345"56%'.7$4/"42%='64,7>%55%'%,'-"2,464-",4?%='&5'$%?4%2'-7&2'-$&.'/%'-7&?742'/;"@42'%,'/;48-$46",475'$76"$%'A'9'

B#C%6,43.'454,4"&D''

E6,475.''F1.&$,",.'",,%5/&.''

G5/46",%&2.''B&,4$.''

#$%&'$'"$(")*+%'$,-'$".$/".0$,/"$,('$"

10,2,)$"/*.0-20'$"$("0+%.0)2(0*,".*)2.$"-$/"

3240(2,(/"-56,"($''0(*0'$7"8(6-$/"962,(0(2(0:$"$("962.0(2(0:$"

";0$6<")*,,2=('$".$/")0(*>$,/"

960"/50+%.096$,("-2,/".2"10,2,)$"

/*.0-20'$"

"

?'*-6)(0*,"-56,"'2%%*'("&)'0("-$/"'&/6.(2(/"-5&(6-$"$("'$%'$,2,(".5$,/$+

4.$"-$")$/"%*0,(/7"

@'20($+$,("-$"42/$"-$"-*,,&$/"-$/"(A($/"-$"

'&/$26"-$".2"10,2,)$"/*.0-20'$B"

8,('$(0$,/"26%'C/"-$")0(*>$,/B"

@'2:26<"2:$)".$/")*..$)(01/")0(*>$,/"-5&)32,D$/"$("-$"%'*%*/0(0*,/7"

#$%&'$'".$/"+&)2,0/+

$/"-&).$,)3$6'/")3$E".$/"%$'/*,,$/"%*6'"$,('$'"-2,/"-$/"->,2+

096$/"-$"10,2,)$"/*.0-20'$B")0(*>$,,$B"%2'(0)0%2(0:$"$(".*)2.$"

86-$/"962,(0(2(0:$"$("962.0(2(0:$"

";0$6<")*,,2=('$".$/"%'*)$//6/"F"

.5G6:'$"%*6'".$/"0,-0:0-6/"

"

8,('$(0$,/"26%'C/"-$")0(*>$,/B"

8,('$(0$,/"26%'C/"-52)($6'/"%64.0)/B"

@'2:26<"2:$)".$/")*..$)(01/")0(*>$,/"-5&)32,D$/"$("-$"%'*%*/0(0*,/7"

H6$/(0*,,$'"

.2"%.2)$"

$(".$"

'I.$"-$/"

+*40.0/2(0*,/"

)0(*>$,,$/"-2,/"

6,")*,($<($"

-$"('2,/0(0*,"

1*'($"-$/"

%*.0(096$/"%64.096$/"

J*'0$,(2(0*,"$("

1*,)(0*,,$+$,(K"

$("-$/"

+*-$/"

-$"D*6:$',2,)$"-$/"($''0(*0'$/"

8(6-$/"962,(0(2(0:$"$("962.0(2(0:$"

"

;0$6<")*+

%'$,-'$".$/"'$.2(0*,/"$,('$"2)(0*,"%64.096$"$("+*40.0/2(0*,/")0(*>$,,$"

8,('$(0$,/"26%'C/"-$")0(*>$,/B"

@'2:26<"2:$)".$/")*..$)(01/")0(*>$,/"-5&)32,D$/"$("-$"%'*%*/0(0*,/7"

L*,/('60'$"6,"2'D6+$,(20'$"/*.0-$"$("-$/"

+&(3*-$/"%*6'"&(*11$'".$/"'&/$26<B")'&$'"

$("2))*+%2D,$'"-$",*6:$..$/"0,0(02(0:$/7"

"

;0/$"$,"%.2)$"$("2,0+

2(0*,")**%&'2(0:$"-$")*..$)(01/"

)0(*>$,/"-5&)32,D$/"

$("-$"

%'*%*/0(0*,/"#$/(0(6(0*,"-$/"('2:26<"26<"2)($6'/B"&.6/"$("3240(2,(/"8("

)*,/(0(6(0*,"$("

2))*+%2D,$+

$,("-$"

)*..$)(01/"%*6'".2"+0/$"$,"G

6:'$"-52)(0*,/".*)2.$/7"

;0/$"$,"G

6:'$"-52)(0*,/")*,)'C($/"/6'".2"(3&+

2(096$B"

?.6/"-50,0(02(0:$/")0(*>$,,$/".*)2.$/B"%.6/"-52-3&'$,(/"-2,/".$/"'&/$26<"-$".2"10,2,)$"/*.0-20'$B"%.6/"-$"%'*M$(/"/*6($,6/"

N*+

4'$/"-$"O"

)*..$)(01/")0(*>$,/B""

2-3&'$,(/"-2,/".$/"2//*)02(0*,/"

-5&%2'D,2,(/"

$,('$%'0/$/"$("2//*)02(0*,/"/*6($,6$/"

P2/$/"-$"-*,,&$/"-$/"2//*)02(0*,/B"

#2%%*'(/"-52)(0:0(&/"

Q0/($/"-$"%'&/$,(/"26<"'&6,0*,/"

! !"#

$$%#&'(()*+)('#,-.*/,'##

# 0'#*'(()*+)('#,-.*/,'#,'#1+*('#*(232)4#5/(#42#6)1217'#5+4),2)('#'*#4-)894)72*)+1#4+724'#'5*#7'4/)#,'#

42# (.:)+1# ;/3'(:1'# '*# 94/5# 92(*)7/4)<('8'1*# ,/# =2(7# >2*/('4# ?.:)+124# ,'5# @+47215# ,-;/3'(:1'#

A=>?@;B%# C'# 92(7D# 4'# 94/5# .*'1,/# ,/# *'(()*+)('# 6(21E2)5D# '5*# ('9(.5'1*2*)6# ,'# 42# (.:)+1# ,-27*)3)*.#

:.1.(24'D#4-;/3'(:1'D#244)21*#'5927'5#(/(2/FD#9.()G/(H2)15#'*#8+1*2:12(,5%#>+/5#9(.5'1*'(+15#)7)# 4'5#

9()17)924'5# 72(27*.()5*)I/'5# ,'# 7'5# *'(()*+)('5# '*# ,215# 4'# 725# ,/# =>?@;# 9+/(I/+)# )4# 1+/5# )1*.('55'#

92(*)7/4)<('8'1*#,215#4'#72,('#,'#7'**'#.*/,'%##

#;%#02#(.:)+1#;/3'(:1'D#9()17)924'5#72(27*.()5*)I/'5JK#!# 02# (.:)+1# ;/3'(:1'# +77/9'# /1'# 9+5)*)+1# 7'1*(24'# 2/# 5')1# ,'# 42# L(217'# '*# ,'# 4M'5927'#

'/(+9.'1%# N44'# '5*# 5)*/.'# ,215# 4'#O255)6# 7'1*(24D# 5+1# 72(27*<('#8+1*2:1'/F# 4-2# 62)*# 8+1*'(# 5/(# 42#

9('8)<('#82(7P'# ,/# 9+,)/8# 7+17'(121*# 4'# 8)4)'/# ,'# 3)'# '1# 24*)*/,'# ,'# 5'5# P2H)*21*5# AJQK#8# '1#

8+R'11'B%# N44'# 5M.*'1,# 5/(# S"# KKK# T8U# A!# V# ,/# *'(()*+)('# 8.*(+9+4)*2)1B%# ;/# W'(# X213)'(# SKWYD# 52#

9+9/42*)+1# '5*# '5*)8.'# Z# WDY"# 8)44)+1# ,MP2H)*21*5D# 23'7# /1'# ,'15)*.# ,'# !S# P2H)*21*5# 2/# T8UD#

)16.()'/('# ,'# 94/5# ,'# 42# 8+)*).# Z# 7'44'# ,'# 42# L(217'# 8.*(+9+4)*2)1'D# 7'# I/)# '1# 62)*# /1'# (.:)+1#

72(27*.()5.'#92(#/1'#62)H4'#,'15)*.#,'#9+9/42*)+1%#0M'5927'#/(H2)1#+77/9'#/1'#9427'#,'#94/5#'1#94/5#

)89+(*21*'#[#9(<5#,'#5'9*#;/3'(:12*5#5/(#,)F#R#3)3'1*%#C4'(8+1*GL'((21,D#42#8.*(+9+4'#(.:)+124'D#5'#

*(+/3'#2)15)#2/#7'1*('#,M/1#325*'#7+/4+)(#,M/(H21)52*)+1#24421*#,'#@)7PR#Z# $55+)('#'*# (':(+/921*#"KW#

KKK#P2H)*21*5#'1#SKWWD#5+)*#J!#V#,'#42#9+9/42*)+1#(.:)+124'%##

0-;/3'(:1'# 9+55<,'# 94/5)'/(5# 72(27*.()5*)I/'5# 9(+9('# 2/F# *'(()*+)('5# (/(2/F# 6(21E2)5#[# \#!"#$ %&'()#$

*#"+',-$*#$./.!)&,'/"0$!"#$1#2,&'"#$3/*#+,'#$*#+$2#4#"!+$&'"+'$5!6!"$,&!7$*#$1893&:#$.)!+$(&+$5!#$

)&$3/;#""#$ %2&"<&'+#=$>&2$&'))#!2+0$ )#+$ ,&!7$*#$ 4&2'&,'/"$&""!#)+$3/;#"+$*#$./.!)&,'/"$.)!+$ %&'()#+$

5!#$ )&$ 3/;#""#$ %2&"<&'+#$ 3&+5!#",$ !"#$ &,,2&1,'4',-$ #"$ 2-&)',-$ .)!+$ '3./2,&",#$ 5!#$ )&$ 3/;#""#$

%2&"<&'+#$ 5!'$ 1/3.#"+#$ !"$ +/)*#$ "&,!2#)$ "-:&,'%0$ +':"#$ *6!"#$ ./.!)&,'/"$ .)!,9,$ ?:-#0$ )@$ #"1/2#$

1&2&1,-2'+,'5!#$*#+$#+.&1#+$2!2&!7$]JW#

#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!JK#$16+(82*)+15#6):/(21*#5/(#4'#5)*'#,'#4-$>^NN#JW#0N>;$>#O2()'G;11'#\#A;"&3'5!#+$#,$&11/3.&:"#3#",$*#+$B>C$'"4#",'4#+$#"$#+.&1#$2!2&)$'+/)-$D$C",2#$,#22',/'2#+$#,$2-+#&!7$D$EF#7#3.)#$#"$G-H&))'#20$G/3(2&'))#+$#,$I'))#4&18#+$]D#*P<5'#,'#:.+:(29P)'D#/1)3'(5)*.#_42)5'#=25724#`#C4'(8+1*GL'((21,D#SKWWD#9%#"a#

! !a#

#

!"#$%"&'('')"*+,"-"'%*'./011,%2'3%2',450+*2'6&7%,5*%'%8'3%'$"'9,"*.%:'2+&,.%';'<",0%=6**%'>%*"0*'='?@ABB'

' 6&7%,5*%' 9,"*.%'

=+9/42*)+1#2/#KWbKWbSKKQ#G#N5*)82*)+1#A8)44)'(5B#

WYJY# "JaKK#

#

C%*2084'3%'D+D&$"80+*'E/"#FGH-IJ' !WD"# WWS#

&2/F#,'#32()2*)+1#211/'4#8+R'1#,'#42#9+9/42*)+1#,'9/)5#WQQQ#AVB#

KDY# KD"#

cd#2/#5+4,'#12*/('4# G#KDW# KDJ#

CK'"&'2+$3%'-05,"8+0,%'"DD",%*8' KDJ# KDS#

N894+)5#2/#4)'/#,'#*(232)4#2/#YWbWSbSKKe#A8)44)'(5B#

!SQDa# S"a""DK#

c+1*#5242().#AVB# eaDS# QW#

c+1*#1+1#5242().#AVB# WSDe# Q#

&2/F#,'#7Pf82:'#2/#,'(1)'(#*()8'5*('#SKKQ#AVB#

eDa# QD!#

?'3'1/# 8.,)21# 92(# /1)*.# ,'#7+15+882*)+1#SKKa#A'/(+5b/7B#

WaKea# WeWSQ#

&2/F#,'#92/3('*.#AVB# WJDW# WYDY#

#

W%#02#6)1#,-/1#4+1:#'F+,'##

# c'9/)5# WQQQD# 42# 9+9/42*)+1# 2/3'(:12*'# 2/:8'1*'# (.:/4)<('8'1*%# N1*('# SKK"# '*# SKWWD# 42#

(.:)+1#2#:2:1.#WJ#a!K#P2H)*21*5D#5+)*#/1'#P2/55'#,'#KDS#V#92(#21#'1#8+R'11'#Ag#KD!#V#9+/(#42#L(217'#

8.*(+9+4)*2)1'B%# 0'# ('1+/3'2/# ,.8+:(29P)I/'# ,'# 4M;/3'(:1'# ('9+5'# /1)I/'8'1*# 5/(# /1# 'F7.,'1*#

8):(2*+)('%#N1*('#SKK"#'*#SKWWD#7'4/)G7)#7+1*()H/'#Z#62)('#2/:8'1*'(#42#9+9/42*)+1#(.:)+124'#,'#Y#YeK#

P2H)*21*5#92(#21%##

! !e#

#

#

0M;/3'(:1'# ('5*'# *+/*'6+)5# 82(I/.'# 92(# /1'# 62)H4'# 12*24)*.# '*# /1# 3)')44)55'8'1*# 277'1*/.# ,'# 52#

9+9/42*)+1D# 4Mh:'#8.,)21#,'# 42# 9+9/42*)+1# AJJ# 215B# '5*# 94/5# .4'3.# I/M'1# L(217'#8.*(+9+4)*2)1'# AJK#

215BD#7'#I/)#9427'# 4M;/3'(:1'#92(8)# 4'5#(.:)+15# 4'5#94/5#h:.'5%#C'#3)')44)55'8'1*#5'#*(2,/)(2#Z#*'(8'#

92(#/1'#7+1*(27*)+1#,'#42#9+9/42*)+1#27*)3'#2/3'(:12*'%#N1#SKWWD#"KQ#KKK#27*)65#3)3'1*#,215#42#(.:)+1%#

N1*('#SKWK#'*#SKSKD#/1#*)'(5#,'5#9'(5+11'5#'1#'894+)#'1#;/3'(:1'#,'3(2)*#I/)**'(#,.6)1)*)3'8'1*#4'#

82(7P.#,/#*(232)4%#0'#3)')44)55'8'1*#,'#42#9+9/42*)+1#'*#42#9'(*'#,.8+:(29P)I/'#'5*#/1#'1X'/#9+/(#42#

(.:)+1D#1+*288'1*#'1#8)4)'/#(/(24D#7'(*2)15#,.92(*'8'1*5#7+88'#7'4/)#,/#C21*24D#1'#7'55'1*#,'#5'#

,.5'(*)6)'(%##

S%#N894+)#

# c.H/*# SKWYD# 4M;/3'(:1'# +66('# !S"# KKK# '894+)5%# c'9/)5# SKKeD# 4M'894+)# *+*24# 2# (.:('55.# ,'#

KD!#V#92(#21#'1#8+R'11'D#9()17)924'8'1*# 5+/5# 4M'66'*#,'#H2)55'5# 7+15.I/'1*'5#,215# 4M)1,/5*()'%# 0'#

('7/4#'5*#94/5#277'1*/.#I/M2/#1)3'2/#8.*(+9+4)*2)1#Ai#KDW#V#92(#21B%#=(<5#,'5#*(+)5#I/2(*5#,'5#'894+)5#

2/3'(:12*5# 5'# (.92(*)55'1*# ,215# 4'5# 27*)3)*.5# *'(*)2)('5%# _)'1# I/M'1# 1'**'# 9(+:('55)+1D# 7'5# 27*)3)*.5#

('5*'1*#5+/5G('9(.5'1*.'5#92(#(299+(*#2/#1)3'2/#8.*(+9+4)*2)1#AaS#V#,'#4M'894+)#*+*24#7+1*('#ae#VB%#

! !Q#

0M2:()7/4*/('D#27*)3)*.#*(2,)*)+11'44'#,'#42#(.:)+1D#'894+)'#'17+('#S"#SKK#9'(5+11'5#A!#V#,'#4M'894+)#

*+*24B%#0M)1,/5*()'#+77/9'#I/21*#Z#'44'#eW#!SK#5242().5%#=4/5#,'# 42#8+)*).#,M'1*('#'/F#*(232)44'1*#,215#

4'5#5'7*'/(5#,'#42#7P)8)'G72+/*7P+/7G9425*)I/'D#,'# 42#8.*244/(:)'G*(2156+(82*)+1#,'5#8.*2/F#'*#,'5#

)1,/5*()'5#2:()7+4'5#'*#24)8'1*2)('5%#

B-D$+02'2%$+*'$%'2%.8%&,'3L".807084'%*'MN(N'%*'6&7%,5*%'

!"#$%"&'M'B-D$+02'2%$+*'2%.8%&,'3L".807084'%*'MN(N'%*'6&7%,5*%:'A+&,.%;'?*2%%:'O%.%*2%-%*8'3%'$"')+D&$"80+*'MN(N'%PD$+08"80+*'.+-D$4-%*8"0,%'"&'$0%&'3%'8,"7"0$'

# >+8H('# ?.92(*)*)+1#A'1#VB#

&+*24# c+1*#6'88'5#

c+1*#5242().5#

B*2%-#$%' !YJ#aYS# WKKDK# JaDS# e!Da#

;:()7/4*/('# YK#aJa# !Da# SQDW# SKDY#

$1,/5*()'# ea#YYJ# W"DY# SaD!# QYDa#

C+15*(/7*)+1# YQ#"KY# aDJ# eD"# a"De#

C+88'(7'5D#*(2159+(*5D#5'(3)7'5#,)3'(5#

SKY#SY"# YeDK# JeDJ# e!D"#

#

;,8)1)5*(2*)+1#9/H4)I/'D#'15'):1'8'1*D#521*.D#27*)+1#5+7)24'#

WaY#eWS# YSD!# "aDa# Q!D!#

#

#

cM)7)#SKSKD#/1#27*)6#'F'(E21*#/1#'894+)#'1#;/3'(:1'#5/(#*(+)5#,'3(2)*#I/)**'(#,.6)1)*)3'8'1*#4'#82(7P.#

,/# *(232)4%# C'# 5+1*# 2)15)# I/'4I/'# Wae# KKK# 9'(5+11'5# I/)# 7'55'(2)'1*# 4'/(# 27*)3)*.# ,215# 42# (.:)+1%#

0M;/3'(:1'#,'3(2)*#j*('#4M/1'#,'5#(.:)+15#6(21E2)5'5#4'5#94/5#*+/7P.'5#92(#4'5#7'552*)+15#,M27*)3)*.5%#0'#

3)')44)55'8'1*#94/5#82(I/.#,'# 42# 9+9/42*)+1# 27*)3'# 2/3'(:12*'# 5'(2)*# 4M'F94)72*)+1#9()17)924'#,'# 7'5#

('*(2)*5#,/#82(7P.#,/#*(232)4%#

c'9/)5# ,'5# 211.'5D# 4M;/3'(:1'# 6):/('# 92(8)# (.:)+15# 6(21E2)5'5# I/)# 7+89('11'1*# 42# 94/5# 62)H4'#

9(+9+(*)+1#,'#7Pf8'/(5#,215# 4'/(#9+9/42*)+1#27*)3'%#k# 42# 6)1#,'# 4M211.'#SKWYD# 4'# *2/F#,'#7Pf82:'#

2**')1*#2)15)#eD"#V#'1#;/3'(:1'D#7+1*('#QDa#V#'1#8+R'11'#8.*(+9+4)*2)1'%#^)#4'#C21*24D#42#l2/*'G0+)('#

'*# 4'# =/RG,'Gcf8'# 5+1*# ('42*)3'8'1*# 9(.5'(3.5D# 4M;44)'(# '5*# ,215# /1'# 5)*/2*)+1# 8+)15# 623+(2H4'%#

C+1*(2)('8'1*# 2/F# *(+)5# 2/*('5# ,.92(*'8'1*5# 2/3'(:12*5D# 5+1# *2/F# ,'# 7Pf82:'# '5*# 5/9.()'/(# Z# 42#

8+R'11'#12*)+124'%#

! "K#

Y%#02#(.:)+1#;/3'(:1'D#/1#P2/*G4)'/#,'5#9+4)*)I/'5#,-277/')4#'*#,'#7(.2*)+1#,-27*)3)*.5#

# =4/5)'/(5# 9+4)*)I/'5# '*# ,)59+5)*)65# 5+1*#8)5# '1#m/3('# ,215# 42# (.:)+1# ;/3'(:1'# Z# ,)66.('1*5#

1)3'2/F%#$45#3)5'1*#Z#623+()5'(#4-277/')4#,'#1+/3'44'5#9+9/42*)+15#2)15)#I/'#42#7(.2*)+1#,-27*)3)*.5%#

C+17'(121*# 4'5# 9+4)*)I/'5# ,-27*)+15D# 1+/5# 9+/3+15# 1+*'(# 94/5)'/(5# .7P'44'5# ,-)1*'(3'1*)+15# [# /1'#

.7P'44'#5/9(2(.:)+124'#I/)#7+89('1,#,'5#9+4)*)I/'5#'/(+9.'11'5D#12*)+124'5D#82)5#2/55)#Z# 4-.7P'44'#

,/#O255)6#C'1*(24%#=2(8)#'44'5D#1+/5#('*(+/3+15#4'#n$=#O255)6#C'1*(24#I/)D#,215#4'#72,('#,'#5'5#9(+X'*5#

,'#,.3'4+99'8'1*D#2# 7P+)5)#,'# *(232)44'(# 5/(# 42#8)5'#'1# (.5'2/#,'5# *'(()*+)('5#,/#O255)6# 7'1*(24#'1#

623'/(#,'#42#7+15*(/7*)+1#,-/1'#+66('#,-277/')4#I/24)6).'D#82)5#2/55)#5/(#42#7(.2*)+1#,'#()7P'55'5#'*#5/(#

4-277'55)H)4)*.#'*# 4-2**(27*)3)*.#,/# *'(()*+)('%#>+/5# *(+/3+15#'15/)*'#/1'# 6+(*'#8+H)4)52*)+1#Z# 4-.7P'44'#

(.:)+124'D# 4-;/3'(:1'#5'#9+5)*)+1121*#7+88'#/1#*'(()*+)('#,R128)I/'#'1#*'(8'5#,'#72892:1'5#,'#

7+88/1)72*)+1# '*# ,'# 8)5'# '1# 9427'# ,-2),'5# '1# 623'/(# ,'5# 1+/3'2/F# 3'1/5%# 0-;?c&;# A0-;:'17'#

?.:)+124'#,'#c.3'4+99'8'1*#,'5#&'(()*+)('5#,-;/3'(:1'BD#+/*)4# ,-21)82*)+1#,/#C+15')4# (.:)+124#'1#

82*)<('# ,'# ,.3'4+99'8'1*# *'(()*+()24# A1.'# ,'# 42# 6/5)+1# ,-/1'# 92(*)'# ,'# 4-2:'17'# (.:)+124'# ,'#

,.3'4+99'8'1*#;/3'(:1'#'*#,'# 4-255+7)2*)+1# (.:)+124'#,'5#92R5#,-;/3'(:1'# A;?=;# [#255+7)2*)+1#,'#

7+88/12/*.5# ,'# 7+88/1'5# '*# 5R1,)72*5# 8)F*'# Z# 4-.7P'44'# (.:)+124'B# 2# 1+*288'1*# *(232)44.# 2/#

,.3'4+99'8'1*#,-+/*)45#)11+321*5#'*#9()8.5D#7+88'#4'5#(.5),'17'5#,M'1*('9('1'/(#A9()5'#'1#7P2(:'#

,'5# 6(2)5# ,'# ,.9427'8'1*# '*# ,-P.H'(:'8'1*# '*# (.8/1.(2*)+1# 8'15/'44'# X/5I/'# "# 8+)5# 9+/(#

9'(8'**('#Z#/1#9+(*'/(#,'#9(+X'*#,'#,.82(('(#5+1#27*)3)*.BD# 4'#5)*'#2/3'(:1'4)6'%*3%#+/# 42#,.82(7P'#

I/24)*.#\#;77/')4#,'5#1+/3'2/F#2(()321*5]%#

#

N1#7+174/5)+1D#1+/5#23+15#7+15),.(.#*+/*'#42#9'(*)1'17'#,'#I/'5*)+11'(#42#9427'#'*#4-)8927*#,'5#74/H5#

C$n;0N^#5/(# 4'# *'(()*+)('#2/3'(:12*#9/)5I/-)45#7+15*)*/'1*#/1'#(.9+15'#5-)157()321*#94')1'8'1*#,215#

4'5#'1X'/F#(.:)+12/F#,'#42#(.:)+1#;/3'(:1'#`#J$E&$12-&,'/"$*6&1,'4',-+0$5!#+,'/"$.2-+#",#$#,$&(/2*-#$

./)','5!#3#",$ #"$K!4#2:"#0$ !"$ #"L#!$ *&"+$ 1#+$ ,#22',/'2#+$ @$ )6&,,2&1,'4',-$ 2#"/!4#)-#$ ('#"$ 5!6#"1/2#$

%&'()#0$ &4#1$ .#!$ *6#3.)/'+$ *'+./"'()#+$ #,$ *#+$ *;"&3'5!#+$ *#$ 12-&,'/"$ *6&1,'4',-+$ &++#H$ 3/;#""#+#

A0'12)1D#SKWWB#

#

#

#

! "W#

J%#=21+(282#,'#4-N^^#'1#;/3'(:1'JS#

0'5# C$n;0N^# 6+1*# 92(*)'D# 7+88'# 1+/5# 4-23+15# 3/D# ,/# 5'7*'/(# ,'# 4-N^^# '*# 7'5# 74/H5# 7+1*()H/'1*#

.:24'8'1*# 2/# ,.3'4+99'8'1*# ,/# 5'7*'/(# '1# 277+892:121*# 7'(*2)15# 9(+X'*5# 5-)157()321*# ,215# 4'#

,+82)1'# ,'# 4-N^^%# $4# 1+/5# '5*# 2992(/# )1,)59'152H4'# ,'# ('1,('# 7+89*'# ,'# 42# 9427'# +77/9.'# 92(# 7'#

5'7*'/(#'1#;/3'(:1'#'*#9+55)H4'8'1*#7'44'#+77/9.'#92(#42#6)1217'#5+4),2)('%##

#

#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"#!^+/(7'#[#oH5'(32*+)('#?.:)+124#,'#4-N^^b&(2)*'8'1*#C?N^^#;/3'(:1'D#,-29(<5#$>^NN#C0;=#SKWW#

#

!"#!$%&'()#'!*+",,-!.+'/0!1!

!!

(M'Q'3%'$R%-D$+0',450+*"$'(S'Q'3%'$R%-D$+0'D,074'

T('UUV'2"$",042'

T'(TU'48"#$022%-%*82'%-D$+W%&,2'

(:MN'-0$$0",3'3R%&,+2'3%',4-&*4,"80+*2'#,&8%2'7%,24%2'

B*'MN(('%*'6&7%,5*%'0$'W'"7"08';'

UXTT'"22+.0"80+*2';'^9+(*#'*#0+)5)(5#ASWDSQVBD#;7*)+1#5+7)24'#AWQDJKVBD#>+1#74255.'5#ASYDeYVB#p#

VN('.++D4,"807%2';';7*)3)*.5#L)1217)<('5#'*#;55/(217'#A"YDYQVBD##C+88'(7'#AWWDQeVBD##5+/*)'1#2/F#'1*('9()5'5#A"DQQVB#p'

(YU' -&8&%$$%2';' ;7*)3)*.# L)1217)<('5# '*#;55/(217'# AaJDJ"VBD# C+88'(7'# AWKDYYVBD#^21*.#P/82)1'#AeDW!VB#p#

%8'(U'1+*3"80+*2';';7*)+1#5+7)24'#AJSDe"VBD##>+1#74255.5#ASWDJYVBD##;(*#'*#^9'7*274'#AWJDSQVB##

C%2'3+-"0*%2'3R".8070842'8,Z2'307%,201042'['

0-N^^# '1# ;/3'(:1'# ('9(.5'1*'# WKDeK# V# ,'5#.*2H4)55'8'1*5#'894+R'/(5D#WKD!W#V#,'#(.8/1.(2*)+15#H(/*'5# 3'(5.'5# '*# WS#V# ,'5# '66'7*)65# 2/# YW# ,.7'8H('#SKWWD# '44'# 2(()3'# X/5*'# ,'321*# 4'# 5'7*'/(# 9/H4)7#AWKDJS#V#,'5#.*2H4)55'8'1*5#'894+R'/(5B%##

;/# 1)3'2/# ,.92(*'8'1*24#[# c215# 4-;44)'(D# 4-N^^#('9(.5'1*'#WKDeQ#V#,'#4-'66'7*)6#*+*24#,/#,.92(*'8'1*D#W"DKQ#V#,215#4'#C21*24D#WaDae#V#,215#42#l2/*'G0+)('#'*#WKDKa# ,215# 4'# =/RG,'Gcf8'%# C+17'(121*# 4'5#.*2H4)55'8'1*5# '894+R'/(5D# 4-N^^# ('9(.5'1*'# ,215#4-;44)'(# QD"e# V# ,'5# .*2H4)55'8'1*5# WKD"YV# ,215# 4'#C21*24D# WYD!JV# ,215# 42# l2/*'G0+)('# '*# WKDJY# ,215# 4'#=/RG,'Gcf8'#

0'#=/RG,'Gcf8'#('5*'#4'#,.92(*'8'1*#4'#94/5#)89+(*21*#23'7#9(<5#,'#42#8+)*).#,'#4-'66'7*)6#*+*24#,'#42#(.:)+1D#5+)*#SS#SeW#5242().5%#0'#C21*24#'5*#I/21*#Z#4/)#4'#,.92(*'8'1*#4'#8+)15#)89+(*21*#'1#*'(8'#,-'66'7*)6#5242().%#o1#('*(+/3'#'13)(+1#42#8j8'#(.92(*)*)+1#I/'#9+/(#4'5#.*2H4)55'8'1*5D#23'7#JYDe!V#,'5#.*2H4)55'8'1*5#,215#4'#=/RG,'Gcf8'D#SWDQWV#,215#4-;44)'(D#SWDJJV#,215#42#l2/*'G0+)('#'*#WSDeWV#,215#4'#C21*24%#

C'9'1,21*# 4+(5I/-+1# 2124R5'# 4'# 9+),5# ,'# 4-N^^# ,215#4-.7+1+8)'# ,.92(*'8'1*24'# 7-'5*# 42# l2/*'# 0+)('# I/)#2(()3'# '1# *j*'# 23'7# WaDaeV# ,'5# '894+)5# ,/#,.92(*'8'1*D# 4'#C21*24# 2(()3'#'1# 5'7+1,#23'7#W"DKQV#,'5# '894+)5# ,/# ,.92(*'8'1*D# 2321*# 4-;44)'(# 23'7#WKDeQV#,'5#'894+)5#'*#4'#=/RG,'Gcf8'#WKDKaV%#

#

#

##

! "S#

N1#;/3'(:1'D# 4+(5I/'# 4-+1# (':2(,'# 42# (.92(*)*)+1# ,'5# .92(:121*5# 5+4),2)('5# A*+/5# *R9'5# ,'# 9(+,/)*5#

7+16+1,/5B# +1# 5-29'(E+)*# I/-)4# R# 2# 5'/4'8'1*# SD!# V# # ,'5# .92(:121*5# 5+4),2)('5# 6(21E2)5D# 7P)66('# Z#

('42*)3)5'(# 9/)5I/'# 4-+1# ('*(+/3'# 4'#8j8'# 9+/(7'1*2:'# 7+17'(121*# 42# (.92(*)*)+1# ,'# 42# 9+9/42*)+1#

6(21E2)5'#92(#(.:)+1%#>+/5#1-23+15#925#*(+/3.#,-2124R5'#7P)66(.'#94/5#,.*2)44.'#Z# 4-.7P'44'#(.:)+124'D#

5/(#4'5#27*'/(5#,'#42#6)1217'#5+4),2)('#'1#;/3'(:1'D#7'9'1,21*#1+/5#9+/3+15#*(+/3'(#,'5#5*(/7*/('5#

7+88'# 4'# C(.,)*# C++9.(2*)6D# 42# >NLD# &'(('# ,'# 0)'15D# N1'(7++9D# l2H)*2*# '*# l/821)58'D# q1'(:)'5#

92(*2:.'5D#;O;=#'*7%D#7'#I/)#7+15*)*/'#/1#H+1#)1,)72*'/(#,'#('9(.5'1*2*)3)*.#,/#5'7*'/(#,'#42#6)1217'#

5+4),2)('#,215#7'**'#(.:)+1%#

!

!

905&,%'\']+-D","801'3%2'4D",5*"*82'2+$03"0,%2'%8'3%'$"'D+D&$"80+*'1,"*^"02%'D",',450+*'

! "Y#

_%#0'#=2(7#>2*/('4#?.:)+124#,'5#@+47215#,-;/3'(:1'##!# ;/#5')1#,'#42#(.:)+1#;/3'(:1'D#1+/5#23+15#7P+)5)#,'#1+/5#7'1*('(#5/(#4'#=>?@;D#/1#*'(()*+)('#

,'#9(+X'*#('9(.5'1*2*)6#,/#*'(()*+)('#(.:)+124D#5+/7)'/F#,-)894)I/'(#4'5#P2H)*21*5#'*#,'#,.3'4+99'(#,'5#

)1)*)2*)3'5# ,-.7+1+8)'# 5+7)24'# '*# 5+4),2)('# 5/(# 5+1# 9.()8<*('# ,-27*)+1D# ,215# /1'# ,.82(7P'# ,'#

,.3'4+99'8'1*#*'(()*+()24#,/(2H4'%##

#

W%#02#(.24)52*)+1#,-/1#*'(()*+)('#92(*2:.#[#+():)1'5#'*#8)55)+15#,'5#=2(75#>2*/('45#?.:)+12/FJY#

# C-'5*#Z# 4-+():)1'#,'# 42#c;&;?#'1#WQ"aD#I/'# 4-+1#3'((2#2992(2r*('# 4'5#9('8)'(5#=2(75#12*/('45#

(.:)+12/F# \# *#+$ ,#22',/'2#+$ @$ )6-5!')'(2#$ %2&:')#0$ &!$ .&,2'3/'"#$ "&,!2#)$ #,$ 1!),!2#)$ 2'18#$ #,$ 3#"&1-0$

%&'+&",$)6/(L#,$*6!"$*-4#)/..#3#",$%/"*-$+!2$)&$.2-+#24&,'/"$#,$)&$4&)/2'+&,'/"$*!$.&,2'3/'"#$]JJ##

C)1I#:(21,'5#8)55)+15#5+1*#2**()H/.'5#2/F#^R1,)72*5#8)F*'5#,'5#=>?#92(#/1#,.7('*#,'#WQQJ#[#

G 02#9(+*'7*)+1#'*#42#:'5*)+1#,/#92*()8+)1'#12*/('4#'*#7/4*/('4#p#

G 0-28.12:'8'1*#,/#*'(()*+)('#p#

G 0'#,.3'4+99'8'1*#.7+1+8)I/'#'*#5+7)24#p##

G 0-277/')4D#4-.,/72*)+1#'*#4-)16+(82*)+1#,/#9/H4)7#p##

G 0-'F9.()8'1*2*)+1#'*#42#('7P'(7P'%##

^)#4-)1)*)2*)3'#,'#42#7(.2*)+1#,-/1#=>?#('3)'1*#2/F#(.:)+15D#4'#9(+X'*#,'#=2(7#'5*#2321*#*+/*#4'#6(/)*#

,-/1'# (.64'F)+1#2/# 4+1:# 7+/(5#8'1.'#2/# 5')1#,'5# *'(()*+)('5%# C'**'# 7+17'(*2*)+1D# I/)# 5'# 3'/*# 42#

94/5# 42(:'# 9+55)H4'D# 2# 3+72*)+1# Z# (./1)(# 2/*+/(# ,-/1# 8j8'# 9(+X'*# *+/5# 4'5# 27*'/(5# ,'#

4-28.12:'8'1*# ,/# *'(()*+)('# [# 4'5# 7+44'7*)3)*.5# *'(()*+()24'5# AC+15')45# (.:)+12/FD# C+15')45#

:.1.(2/FD# 7+88/1'5# '*# )1*'(7+88/124)*.5BD# 82)5# 2/55)# 4'5# P2H)*21*5# '*# ,-2/*('5# 92(*'12)('5%#

C-'5*#42#CP2(*'#,/#=2(7#I/)#3)'1*#82*.()24)5'(#7'**'#7+17'(*2*)+1D#6)F21*#9+/(#/1'#,/(.'#,'#,+/s'#

215# 4'5# :(21,'5# +()'1*2*)+15# '1# 6+17*)+1# ,'5# '1X'/F# '*# H'5+)15# ,'# 7P2I/'# *'(()*+)('%# t1'# 6+)5#

299(+/3.'# 92(# 4'5# 7+44'7*)3)*.5# *'(()*+()24'5# 7+17'(1.'5# 92(# 5+1# 9.()8<*('# A7+88/1'5D#

(':(+/9'8'1*#,'#7+88/1'5D#,.92(*'8'1*5D#(.:)+15BD#4'#42H'4#\#=>?#]#'5*#,.7'(1.#92(#/1#,.7('*#

,/#9('8)'(#O)1)5*('D#5/(#9(+9+5)*)+1#,/#O)1)5*<('#,'#4-N13)(+11'8'1*%#0'5#=2(75#*(232)44'1*#Z#42#

5'15)H)4)52*)+1D#Z# 4-21)82*)+1#'*#Z# 4-)16+(82*)+1%#0'#9(+X'*#,'# *'(()*+)('#,+)*#j*('#2)15)# 42(:'8'1*#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"$!%&'()'*!+,-./!0!N*2*#,'5#4)'/F#,'#4-.7+1+8)'#5+7)24'#'*#5+4),2)('#5/(#4'#92(7#12*/('4#(.:)+124#,'5#3+47215#,-2/3'(:1'#]#t1)3'(5)*.#,-;1:'(5D#SKWYD#9%WK!""!c.4.:2*)+1#)1*'(8)1)5*.()'44'#Z#4M28.12:'8'1*#,/#*'(()*+)('#'*#Z#4M2**(27*)3)*.#(.:)+124'#Ac;&;?B#

! "J#

277'9*.# 92(# 4'5# 92(*)'5# 9('121*'5D# 4'# =2(7# 1'# ,)59+521*# 925# ,'# 8+R'15# 7+'(7)*)65D# 42#

(.:4'8'1*2*)+1#('4<3'#5+)*#,'#4-N*2*D#5+)*#,'5#7+88/1'5%#

\#M"$ >&21$ "&,!2#)$ 2-:'/"&)$ &$ ./!2$ 4/1&,'/"$ *#$ .2/,-:#2$ #,$ *#$ 4&)/2'+#2$ )#$ .&,2'3/'"#$ "&,!2#)0$

1!),!2#)$ #,$ 8!3&'"$ *#$ +/"$ ,#22',/'2#$ #"$ 3#,,&",$ #"$ N!42#$ !"#$ ./)','5!#$ '""/4&",#$

*6&3-"&:#3#",$ #,$ *#$ *-4#)/..#3#",$ -1/"/3'5!#0$ +/1'&)$ #,$ 1!),!2#)0$ 2#+.#1,!#!+#$ *#$

)6#"4'2/""#3#",$]J!#

!

S%#0'5#=>?D#.*2*#,'5#4)'/F#

0'5#=>?#82)44'1*# 4'# *'(()*+)('# 6(21E2)5%#;/X+/(,-P/)D#+1#1'#,.1+8H('#925#8+)15#,'#JQ#=2(75#'*#/1'#

,)s2)1'#,'#9(+X'*#,'#7(.2*)+15#'1#7+/(5%#

#0'5#JQ#*'(()*+)('5#42H'44)5.5#\#=>?#]#*.8+):1'1*#,/#72(27*<('#('42*)3'8'1*#(/(24#2)15)#I/'#42#I/24)*.#

,'#4-'13)(+11'8'1*#,/#*'(()*+)('#12*)+124%#u/'4I/'5#7P)66('5#)44/5*('1*#7'#7+15*2*#[##

W!V#,/# *'(()*+)('# 6(21E2)5# p#SJ# (.:)+15#7+17'(1.'5D#aJ#,.92(*'8'1*5D#JSeK#7+88/1'5p#94/5#,'#eD!#

8)44)+15# ,-P'7*2('5D# YDe# 8)44)+15# ,-P2H)*21*5# 9+/(# /1'# ,'15)*.# ,'# 9+9/42*)+1# 8+R'11'# ,'# JW#

P2H)*21*5#92(#T8U#A7+1*('#WWK#5/(#4-'15'8H4'#,/#*'(()*+)('#6(21E2)5B%#

#

Y%#=(.5'1*2*)+1#,/#=2(7#>2*/('4#?.:)+124#,'5#@+47215#,-;/3'(:1'#

0'#=2(7#5'#7+89+5'#,'#7)1I#:(21,'5#(.:)+15#12*/('44'5#[#

#G $%2'<+*82'C_-%2#A+/#CP2r1'#,'5#=/R5B#23'7#/1#24):1'8'1*#,'#94/5#,'#eK#X'/1'5#3+47215#p#!G $%2'<+*82'C+,%D#/1#'15'8H4'#3+4721)I/'#217)'1#'*# 7+894'F'#'1*2)44.#92(#94/5)'/(5# 7)(I/'5#

:427)2)('5#p#!G $%']4`"$$0%,D#/1#8255)6#3+4721)I/'#.8+/55.#6+(821*#,'#P2/*5#942*'2/F#,-24*)*/,'#p#!G $%2' <+*82' 3&' ]"*8"$D# 4'# 94/5# 325*'# 5*(2*+3+4721# ,-N/(+9'# +v# 24*'(1'# 9(+6+1,'5# 3244.'5#

:427)2)('5#'*#942*'2/F#.4'3.5#p#!G '$R6,8%*2%D# /1#942*'2/#:(21)*)I/'#82(I/.#92(# 42#9(.5'17'# )89+(*21*'#,'# *+/(H)<('5D# 421,'5#

(+7P'/5'5#'*#6+(j*5J"##

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"1!0-2(:/8'1*2)('#,'5#=2(75#`#!K#I/'5*)+15#'*#(.9+15'5!J"#CP2(*'#,/#Ô=>?@;#ASKWYGSKS!B#

! "!#

!905&,%'(N'),42%*8"80+*'3&')@Oa6'

# 0'#=>?@;#2#42#92(*)7/42()*.#,-j*('#4'#94/5#325*'#,'#L(217'#8.*(+9+4)*2)1'#AJKK#KKK#P'7*2('5B%#

C'# *'(()*+)('# 5-.*'1,# 5/(# WSK# T)4+8<*('5# ,'# 4+1:D# ,'# 42# 7P2)1'# ,'5# =/R5# 2/# >+(,# 9+/(# 5-2((j*'(# Z#

9(+F)8)*.# ,-;/()4427%# 0'# =2(7# ,'5# @+47215# 7P'32/7P'# ,'/F# ,.92(*'8'1*5# [# 4'# =/RG,'Gcf8'# '*# 4'#

C21*24%# $4# 6.,<('# W!K# 7+88/1'5D# 7+89*'# 9(<5# ,'# QK# KKK# P2H)*21*5# '*# 5'# 7+89+5'# ,'# SW#

7+88/12/*.5# ,'# 7+88/1'5# ACCB# 2)15)# I/'# ,'# ,'/F# 7+88/12/*.5# ,-2::4+8.(2*)+15# I/'# 5+1*# 42#

7+88/12/*.#,-;::4+8.(2*)+1#C4'(8+1*#C+88/12/*.#'*#42#C+88/12/*.#,-;::4+8.(2*)+1#,/#_255)1#

,-;/()4427%# ^/(# 7'5# SY# N=C$D# 5'/45# J# 5+1*# '1*)<('8'1*# 7+89()5# ,215# 4'# =2(7# ACC# @+43)7# ^+/(7'5# '*#

@+47215D# CC#,'#?+7P'6+(*GO+1*2:1'D# CC#,/#C.s244)'(D# CC#,/#=2R5#n'1*)21'B%# =+/(# 4'5# 2/*('5D# 5'/4'#

/1'#92(*)'#,'5#7+88/1'5#'5*#7+17'(1.'#92(#4'#*'(()*+)('#,/#=2(7%#0'#=2(7#,'5#@+47215#5'#72(27*.()5'#

.:24'8'1*# 92(# 42# 8/4*)94)7)*.# ,'# 5'5# H255)15# ,'# 3)'%# 0'5# 6(+1*)<('5# ,/# 94/5# :(21,# =2(7# ,'# L(217'#

8.*(+9+4)*2)1'#('7+/3('1*#5'9*#=2R5#I/)#5-2(*)7/4'1*#2/*+/(#,'#7'1*('5#/(H2)15#5)*/.5#Z#4-'F*.()'/(#,/#

=2(7# [#2/#>+(,#Z# 42#9(+F)8)*.#,'#?)+8#'*#,'#C4'(8+1*GL'((21,D#Z# 4-N5*#Z# 42#9(.5'17'#,-$55+)('#'*#,'#

O255)27D#2/#^/,#Z#^2)1*GL4+/(#'*#;/()4427#'*#Z#4-o/'5*#Z#O2/()27#'*#_+(*G4'5Go(:/'5%##

! ""#

!

905&,%'(('b+&7%,*"*.%'3&')@Oa6'

#

J%#0'#=>?@;D#/1'#27*)+1#'1#623'/(#,'#4-N^^##

J%W%#t1#7+1*'F*'#,'#(299(+7P'8'1*#,'5#,'/F#8+/3'8'1*5#Z#4-.7P'44'#12*)+124'#

=4/5)'/(5#.4.8'1*5#+1*#7+17+/(/##Z#+9.('(#/1#(299(+7P'8'1*#'1*('#4'#=>?@;#'*#4-N^^%##

N1# 9('8)'(# 4)'/D# 4'5# =2(75D# 7+88'# 4-N^^D# 92(*)7)9'1*# Z# /1# ,.3'4+99'8'1*# 4+724D# 5+/7)'/F# ,'# 42#

,)8'15)+1# '13)(+11'8'1*24'# '*# 5+7)24'%# 0'5# '1*('9()5'5# ,'# 4-.7+1+8)'# 5+7)24'# 7+15),<('1*# 4'#

*'(()*+)('# 1+1# 7+88'# /1'# 5)894'# +99+(*/1)*.# 82)5# 7+88'# 42# H25'# ,'# 4'/(# 27*)3)*.# '*# ,'# 4'/(#

! "a#

,.3'4+99'8'1*%# 02# 3+4+1*.# ,'#8'**('# 42# 9'(5+11'# 2/# 7'1*('# ,/# 9(+X'*# '5*# /1'# 324'/(# 7+88/1'%#

C+88'#4'#5+/4):1'#l/:+#@)17'1*#[#

\#>&21+$ #,$ COO$ .&2,&:#",$ *#$ .)!+$ )&$ 4/)/",-$ *#$ .2/./+#2$ *#+$ &),#2"&,'4#+$ %&1#$ &!7$ 3/*P)#+$ +/1'/Q

-1/"/3'5!#+$1)&++'5!#+0$+/!4#",$ '"&*&.,-+$&!7$.2/()-3&,'5!#+$*#+$,#22',/'2#+$2!2&!7=$E#+$>RS$+/",$

+!+1#.,'()#+$ *#$ +/!,#"'2$ *#$ "/!4#))#+$ +/)!,'/"+$ ./2,#!+#+$ *6'""/4&,'/"+$ +/1'&)#+0$ 4'&$ )#!2$ 3'++'/"$

*6#7.-2'3#",&,'/"=$T)$#+,$#"$*#$3U3#$./!2$)#+$#",2#.2'+#+$*#$)6COO$5!'$+6#%%/21#",$.&2$)&$.2/3/,'/"$*#$

)&$ 2#18#218#$ #,$ )6#7.-2'3#",&,'/"$ .#23&"#",#$ *&"+$ ,/!+$ )#+$ */3&'"#+$ *#$ )6&1,'4',-$ 8!3&'"#0$ *#$

.&2,'1'.#2$ &!$ *-4#)/..#3#",$ 8&23/"'#!7$ *#$ )&$ +/1'-,-$ *&"+$ !"#$ .#2+.#1,'4#$ *#$ .2/3/,'/"$

'"*'4'*!#))#$#,$1/))#1,'4#$]Ja%##

=>?# '*# N^^# 92(*)7)9'1*# *+/5# ,'/F# .:24'8'1*# 2/#8+/3'8'1*# ,/# ,.3'4+99'8'1*# ,/(2H4'D# 4'5# =2(75#

2F21*# 9()17)924'8'1*# 7'**'# ,.82(7P'# 3)2# 4'# 3+4'*# '13)(+11'8'1*24D# 4-N^^# 2,+9*21*# ,2321*2:'# /1'#

299(+7P'#.7+1+8)I/'#'*#5+7)24'#'1#5+/*'121*#,'5#324'/(5#,'#\#:'5*)+1#,.8+7(2*)I/'#]D#,-\#.:24)*.#

,'5#8'8H('5#]#+/#'17+('#,'#\# 4/7(2*)3)*.# 4)8)*.'#]%#C'**'#299(+7P'#,'# 4-N^^#5-2992('1*'#2)15)#Z# 42#

,.74)12)5+1#,/#,.3'4+99'8'1*#,/(2H4'#9+/(#4'5#'1*('9()5'5#[#42#('59+152H)4)*.#5+7)24'#,'5#'1*('9()5'5#

A?^NB%# $4# 5-2:)*# ,'# \# )6'",-:2&,'/"$ 4/)/",&'2#0$ .&2$ )#+$ #",2#.2'+#+0$ *#$ .2-/11!.&,'/"+$ +/1'&)#+$ #,$

#"4'2/""#3#",&)#+$@$)#!2+$&1,'4',-+$1/33#21'&)#+$#,$)#!2+$2#)&,'/"+$&4#1$)#!2+$.&2,'#+$.2#"&",#+#]Je#

N1# SKKSD# /1# (299(+7P'8'1*# 94/5# +66)7)'4# Z# 4)'/#[# 4'5# 6.,.(2*)+15# 12*)+124'5# ,'5# C++9.(2*)3'5#

,-t*)4)52*)+1#,/#O2*.()'4#;:()7+4'#ACtO;BD#=2(75#'*#^7+9#4217'1*#4'#9(+X'*#Bcd6>'Aec>BX(%#0-+HX'7*)6#

'5*#,'#\#*-1)/'+/""#2$ )#+$&..2/18#+$./!2$&:'2$ +!2$ )6#3.)/'$*&"+$!"#$.#2+.#1,'4#$*#$*-4#)/..#3#",$

*!2&()#0$ #"$ +6&..!;&",$ +!2$ )&$ 1//.-2&,'/"$ @$ ,/!+$ )#+$ "'4#&!7$ *#$ )6&1,'/"# ]JQ%# C'# 9(+X'*# 9'(8'*# ,'#

5'15)H)4)5'(#'*#,-)16+(8'(# 4'5#27*'/(5#82)5#2/55)#,'#623+()5'(# 4-)1*'(7+112)55217'#'*#,-'17+/(2:'(# 4'5#

92(*'12()2*5# Z# 4-.7P'44'# (.:)+124'%# 0'5# =>?# +1*# 9'/# Z# 9'/# ,.3'4+99.# ,'5# 2F'5# ,-)1*'(3'1*)+1# '1#

82*)<('#,-.7+1+8)'#5+7)24'#'*#5+4),2)('#[#

G 9(+8+*)+1#,/#8+,<4'#7++9.(2*)6#p#

G (299(+7P'8'1*#'1*('#9(+,/7*'/(5#'*#7+15+882*'/(5#p#

G 299/)#Z#4-)15'(*)+1#,'#9/H4)75#'1#,)66)7/4*.#p#

G 2),'#Z#42#7(.2*)+1#'*#2/#,.3'4+99'8'1*#,'5#^7+9D#^7)7#p#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"2!%&'()'*!+,-./!0!N*2*#,'5# 4)'/F#,'#4-.7+1+8)'#5+7)24'#'*#5+4),2)('#5/(# 4'#92(7#12*/('4#(.:)+124#,'5#3+47215#,-2/3'(:1'#]#t1)3'(5)*.#,-;1:'(5D#SKWYD#9%W!#"3! C+88)55)+1# '/(+9.'11'# G# 0)3('# 3'(*# =(+8+/3+)(# /1# 72,('# '/(+9.'1# 9+/(# 42# ('59+152H)4)*.# 5+7)24'# ,'5#'1*('9()5'5D#SKKW#"4!=(+:(288'#Nut;0#ôn0ND#C++9.(2*)3'5#'*#*'(()*+)('#[#=2(75D#C/82D#^7+9##

! "e#

G %8' %*.+&,"5%-%*8' 3%' $"' .,4"80+*' 3%' 2W28Z-%2' 3R4D",5*%' $+."$%' D+&,' .,4"8%&,2' E3%' 8WD%'

]?b6>BAJF'

C'5# 1+/3'44'5# +()'1*2*)+15# +1*# 9'(8)5# 2/F# =2(75D# 1+*288'1*# Z# 7'/F# ,'# *(2,)*)+1# 94/5#

'13)(+11'8'1*24)5*'D# ,-'1*(+/3()(# ,'# 1+/3'44'5# 9'(59'7*)3'5# '1# 82*)<('# ,'# ,.3'4+99'8'1*#

.7+1+8)I/'%##

J%S%#0'#=>?@;#[#/1'#9()5'#'1#7+89*'#,'#4-N^^#,215#42#1+/3'44'#7P2(*'#SKWYGSKS!#

# c<5#SKKaD#Z#8)G92(7+/(5#,'#42#9(.7.,'1*'#CP2(*'#ASKKKGSKWSBD#4'#C+15')4#(.:)+124#,-;/3'(:1'#

2# 7+16).# 2/# ^R1,)72*#8)F*'# ,/# =>?@;# 42#8)55)+1# ,-21)8'(# 4'5# ,.H2*5# '1*('# 4'5# ,)66.('1*'5# 92(*)'5#

9('121*'5#,/#*'(()*+)('#26)1#,-),'1*)6)'(#4'5#2**'1*'5#'*#H'5+)15#,'#7P27/1%#C'#*(232)4#,'#7+17'(*2*)+1#2#

9'(8)5#,'#62)('#('55+(*)(#7'(*2)1'5#3+4+1*.5#92(*2:.'5#*'44'5#I/'#[#

G 42# 324+()52*)+1# ,/# 9+*'1*)'4# I/-+66('# 4'# *'(()*+)('# '1# *'(8'5# ,'# 92*()8+)1'# 82*.()'4# '*#

)882*.()'4D#2)15)#I/'#4'#(f4'#,'5#P2H)*21*5#'*#4'/(#2**27P'8'1*#2/#*'(()*+)('#p##

G 4'#,.3'4+99'8'1*#,'#1+/3'2/F#7(.1'2/F#'1#82*)<('#,-27*)3)*.5#.7+1+8)I/'5#'*#4-)11+32*)+1#

'1#82*)<('#,'#5'(3)7'5D#26)1#,'#7(.'(#'*#,'#82)1*'1)(#,'5#'894+)5#5/(#9427'D#2**)('(#4'5#X'/1'5D#

4)8)*'(#4'5#,.9427'8'1*5#9'1,/42)('5#3'(5#4'5#2::4+8.(2*)+15#9.()9P.()I/'5#p#

G #42# 7(.2*)+1# ,'# 4)'1# 5+7)24# '1*('# 4'5# 27*'/(5# 9+/(# 4-.921+/)55'8'1*# ,'# 7P27/1# '*# 4'#

('16+(7'8'1*# ,-/1'# 5+4),2()*.# *'(()*+()24'%# t1# 1+/3'2/# 9(+X'*# ,'# *'(()*+)('# (.5+4/8'1*#

+()'1*.#3'(5#/1'#4+:)I/'#,'#\#,.3'4+99'8'1*#,/(2H4'#]#

02#1+/3'44'#CP2(*'D#324),.'#9+/(#42#9.()+,'#SKWYGSKS!D#92(*#,/#9+5*/42*#5/)321*#[##

\#K4&",$*6U,2#$!"$,#22',/'2#$2#3&25!&()#0$J$)#$>&21$*#+$V/)1&"+$*6K!4#2:"#$#+,$&4&",$,/!,$!"$#+.&1#$

2!2&)0$8&(',-$#,$%&</""-$.&2$)6&1,'4',-$8!3&'"#$W=$K'"+'$)6&4#"'2$*#$)6#+.&1#$#"$)!'Q3U3#$*-.#"*$&4&",$

,/!,$ *#$ )&$ .2-+#"1#$ 8!3&'"#=$ G6#+,$ &!,/!2$ *#$ 1#,$ &7'/3#$ 5!#$ +/",$ &7-#+$ )#+$ ,2/'+$ /2'#",&,'/"+$ *!$

.2/L#,$*#$,#22',/'2#0$&4#1$)&$4/)/",-$*#$+6&..!;#2$+!2$)#+$*'%%-2#",#+$%/21#+$4'4#+$5!#$+/",$)#+$8&(',&",+$

#,$)#+$&++/1'&,'/"+0$)#+$-)!+$#,$)#+$.2/%#++'/""#)+$]!K%#

# C'**'# 1+/3'44'# 7P2(*'D# 5-)157()*# ,215# /1# 7+1*'F*'# 5+7)+G.7+1+8)I/'# 92(*)7/4)'(D# 2/I/'4# )4#

2992(2r*# /(:'1*# ,-299+(*'(# ,'5# .4.8'1*5# ,'# (.9+15'5%# t1# ,'5# 9()17)92/F# '1X'/F# 9+/(# 4-23'1)(# ,/#

*'(()*+)('#[# 62)('# 627'# Z# /1# 3)')44)55'8'1*# ,'# 42# 9+9/42*)+1# '*# /1'# 9'(*'# ,.8+:(29P)I/'# ,215# 4'5#

7+88/1'5#4'5#94/5#(/(24'5D#*(217P21*#23'7#/1'#9.()/(H21)52*)+1#C4'(8+1*+)5'#7(+)5521*'%##

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!K#@$>CN>&#l/:+D#\#N*2*#,'5#4)'/F#,'#4-.7+1+8)'#5+7)24'#'*#5+4),2)('#5/(#4'#92(7#12*/('4#(.:)+124#,'5#3+47215#,-2/3'(:1'#]#t1)3'(5)*.#,-;1:'(5D#SKWYD#9%SS#

! "Q#

#

02#7P2(*'#SKWYGSKS!#'5*#,+17#+()'1*.'#5/(#*(+)5#27*)+15#[#\#3)3('#'15'8H4'D# )7)#]D#\#9'15'(#:4+H24#]D#####

\#2:)(#4+724#]%#

>+/5#('*(+/3+15#42#1.7'55)*.#9+/(#4'#=2(7#,'#7+1*()H/'(#Z#/1#,.3'4+99'8'1*#*'(()*+()24'#,/(2H4'D#,'#

82)1*'1)(#'*#,.3'4+99'(#4'#*)55/#5+7)24#'*#.7+1+8)I/'#,/#*'(()*+)('D#*+/*#'1#R#)1*.:(21*#42#,)8'15)+1#

'13)(+11'8'1*24'#[#

G#?'16+(E21*#4-)894)72*)+1#7)*+R'11'#,215#42#:+/3'(1217'#4+724'#

G#^+/*'121*#4'#,.3'4+99'8'1*#,-'1*('9()5'5#+/#,-255+7)2*)+15#

G#=(+9+521*#,'5#'5927'5#,'#('17+1*('5#'*#,-.7P21:'5%#

02#3)5)+1#,/#=2(7#,'5#@+47215#'1#42#82*)<('#9'/*Gj*('#)44/5*(.'#92(#4'#57P.82#5/)321*#[#

!

905&,%'(M''d*'347%$+DD%-%*8'3&,"#$%'.+*28,&08'"&8+&,'3%'f&"8,%'"DD,+./%2'

#

c215#7'#7+1*'F*'D#/1#,'5# *(+)5#2F'5#,/#0N;cN?#2#.*.#+()'1*.#3'(5# 4-N^^#'*# 5-)1*)*/4'# [#\#;8'1'(# 4'5#

'1*('9()5'5#3'(5#/1'#94/5#:(21,'#5+4),2()*.#.7+1+8)I/'#]%#C'#3+4'*#5'#,.74)1'#'1#,'/F#6)7P'5#[#

G +66()(#2/F#'1*('9()5'5#4-+99+(*/1)*.#,-2/*('5#8+,<4'5#'1*('9('1'/()2/F#p#

G 623+()5'(#,'5#,R128)I/'5#,'#8/*/24)52*)+1#'1*('#&=N%#

c'9/)5D# 4'# =2(7# 2# 8)5# '1# 9427'# ,'# 1+/3'2/F# 92(*'12()2*5# 23'7# ,'5# +(:21)58'5# I/)# 277+892:1'1*#

4-.7+1+8)'#5+7)24'#'*#5+4),2)('D#*'45#I/'#4'#C('62,D#4-t(57+9D#&'(('#,'#4)'15D#82)5#2/55)#4-255+7)2*)+1#,'5#

! aK#

C):24'5#;/3'(:1'%#C'**'#)1*'(7+112)55217'#2#9/#5'#(.24)5'(#92(#'F'894'#,215#4'#72,('#,'5#_+/*)I/'5#

,-$1)*)2*)3'5#?/(24'5#A_$?B#A4-'F9.()8'1*2*)+1#7+15)5*'#Z#244'(#2/#7+1*27*#,'5#*'(()*+)('5#4'5#94/5#6(2:)4'5#

,/#=2(7#26)1#,'#62)('#.8'(:'(#,'5#9(+X'*5#,-P2H)*21*5#'*#2)15)#623+()5'(#42#7(.2*)+1#,'#&=N#82)5#2/55)#

,'# 4)'1# 5+7)24B%# N1# SKWYD# /1# .*2*# ,'5# 4)'/F# ,'# 4-.7+1+8)'# 5+7)24'# '*# 5+4),2)('# 5/(# 4'# =2(7# 12*/('4#

(.:)+124#,'5#3+47215#,-;/3'(:1'#2#.*.#(.24)5.#23'7#4-'15'8H4'#,'5#27*'/(5D#26)1#,'#9+/3+)(#.42H+('(#

/1'# 5*(2*.:)'#2)15)#I/-/1#9421#,-27*)+1#9+/(#'17+/(2:'(# 42# 7(.2*)+1b('9()5'#,-27*)3)*.5# ('4'321*#,'5#

5*2*/*5#,'#4-N^^#5/(#4'#*'(()*+)('#,/#=2(7%##

#

=2(# 7'**'# 9(.5'1*2*)+1# ,'5# *'(()*+)('5# ,-.*/,'D# 1+/5# 1+/5# ('1,+15# 7+89*'# I/'# 5-)1*.('55'(# Z# /1'#

)1)*)2*)3'# ,-.7+1+8)'# 5+4),2)('D# 4'5# C$n;0N^# \#,'5# 7)*+R'15# I/)# 92(*)7)9'1*# 6)1217)<('8'1*# '*#

P/82)1'8'1*# Z# 42# 7(.2*)+1# ,-27*)3)*.# 5/(# 4'/(# *'(()*+)('#]D# 5-)157()*# 94')1'8'1*# ,215# 4'# 7+1*'F*'#

(.:)+124# '*# 7'4/)# ,-/1# *'(()*+)('# ,'# 9(+X'*D# 4'# =>?@;D# '1# 623'/(# ,'# 42# 7(.2*)+1# ,-27*)3)*.# '*# ,/#

,.3'4+99'8'1*#,'# 4-.7+1+8)'#5+7)24'#'*#5+4),2)('%#;3+)(#/1'#8')44'/('#7+112)55217'#,'#7'# *R9'#,'#

5*(/7*/('5#'*#,'#4'/(5#)8927*5#*'(()*+()2/F#92(2r*#9()8+(,)24'D#92(7'#I/-'44'5#92(*)7)9'1*#Z#62)('#3)3('#

4'5#*'(()*+)('5D#1+*288'1*#4'5#*'(()*+)('5#(/(2/F%#

! aW#

$$$%#O.*P+,+4+:)'###0'# 5/X'*# ,'# 7'# *(232)4#[# !"#$" %&'$'()" *+,&-$&.)/" (&0+1)'')" )0" 2$.0&(&2$0&3)/" 4'" ,)3&)." 2+4." 2,4*"

-5&62,&($0&+'",+($,)/")'"%$3)4."-54'"-73),+22)6)'0"0)..&0+.&$,"-4.$8,)"9":#7+15)5*2)*#Z#42#6+)5#Z#[#

#

O)'/F# 7+112r*('# I/)# 5+1*# 4'5# 7)*+R'15# I/)# 5-)894)I/'1*# ,215# ,'5# ,.82(7P'5# ,-.92(:1'#

5+4),2)('#'1#;/3'(:1'#p#

C+89('1,('#4'5#(2)5+15#,'#4-)894)72*)+1#,'#7)*+R'15#,215#7'#*R9'#,'#,.82(7P'#p#

C+89('1,('# 4'5# '66'*5# '*# 4'5# )8927*5# ,'# 4-)894)72*)+1# ,-.92(:121*5# 5+4),2)('5# 5/(# 4'5#

)1,)3),/5#'*#5/(#4'5#*'(()*+)('5%#

#

;99+(*'(# /1# .742)(2:'# Z# 7'5# *(+)5# ,)8'15)+15# ,+)*# 1+/5# 9'(8'**('# ,'#9(+9+5'(# ,'5# 9)5*'5# ,-27*)+1#

9+/(#8)'/F#277+892:1'(#4'#,.3'4+99'8'1*#,'#42#6)1217'#5+4),2)('#'1#;/3'(:1'#[#

N1#7)H421*#8)'/F# 42#92(*)'#,'# 42#9+9/42*)+1#5/57'9*)H4'#,-j*('# )1*.('55.'#92(#7'5# )1)*)2*)3'5#

5+4),2)('5#p##

N1#28.4)+(21*#4'5#5/99+(*5#,'#7+88/1)72*)+1#'1#6+17*)+1#,'5#8+*)32*)+15#23217.'5#92(#4'5#

.92(:121*5# 5+4),2)('5D# 26)1# ,'# 8)'/F# 277+892:1'(# 4'5# )1,)3),/5# 3'(5# ,'5# 9(2*)I/'5#

,)66.('1*'5#'*##623+()5'(#4-)894)72*)+1#,'5#P2H)*21*5#,215#4'/(#*'(()*+)('#p#

N*#'1#+66(21*#/1#8')44'/(#2(:/8'1*2)('#2/#8+/3'8'1*#,'# 42# 6)1217'#5+4),2)('#'1#,)('7*)+1#

,'5#27*'/(5#*'(()*+()2/F#A7+44'7*)3)*.5#*'(()*+()24'5D#*'(()*+)('5#,'#9(+X'*B#5/(#4-)1*.(j*#9+/(#4'5#

*'(()*+)('5#,'#3+)(#5'#,.3'4+99'(#4-.92(:1'#5+4),2)('D#7)*+R'11'#'*#92(*)7)92*)3'%#

#

;99+(*'(# ,'5# .4.8'1*5# ,'# (.9+15'5# Z# 7'5# )1*'((+:2*)+15# 1.7'55)*2)*# /1'# ,+/H4'# 299(+7P'#[# /1'#

2124R5'#I/21*)*2*)3'#9(.5'1*21*#4'5#72(27*.()5*)I/'5#,'5#.92(:121*5#5+4),2)('5#5/(#4'#*'(()*+)('D#'*#/1'#

299(+7P'#94/5#I/24)*2*)3'# 3)521*# Z#8)'/F# 7+89('1,('# 4'5# (2)5+15#,'# 4-)894)72*)+1#'*# 4'5# )8927*5#,'#

7'44'G7)%##

t1'#8.*P+,+4+:)'#2,29*.'#2#.*.#.42H+(.'#26)1#,'#(.9+1,('#2/#8)'/F#2/#5/X'*#,'#7'#*(232)4%#

#

!

! aS#

;%#q*/,'#I/21*)*2*)3'#[#&R9+4+:)'#1+1#'FP2/5*)3'#,'5#.92(:121*5#5+4),2)('5#'1#;/3'(:1'##W%#C+15*(/7*)+1#,'#4-.7P21*)44+1#

>+/5# 23)+15# 7+13'1/# ,215# 7'**'# 9('8)<('# 9P25'# ,'# ,('55'(# /1# 9+(*(2)*# 5R1*P.*)I/'# ,'# 42# 6)1217'#

5+4),2)('#'1#;/3'(:1'D#1+*288'1*#Z#92(*)(#,'5#H25'5#,'#,+11.'5#,'#7'(*2)1'5#5*(/7*/('5%#0-+HX'7*)6#

.*2)*# )7)#,'#9('1,('#'1#7+89*'# *+/5# 4'5#+(:21)58'5#,'# 6)1217'# 5+4),2)('#'*#925# 5'/4'8'1*#7'/F#I/)#

7+88'# 4'5# C$n;0N^# ('I/)<('1*# /1'# 92(*)7)92*)+1D# 2/G,'4Z# ,/# 5'/4# 259'7*# 6)1217)'(%# =4/5)'/(5#

+(:21)58'5#+1*#.*.#),'1*)6).5#[#

G 0'5#C$n;0N^#

G &'(('#,'#4)'15#A,215#4'#72,('#,'#52#6+17)<('B#

G 4'#C(.,)*#C++9.(2*)6#

G 02#>NL#

G l2H)*2*#'*#l/821)58'#

G 4'5#;O;=#

G N>N?Coo=#

>+*('#+HX'7*)6#.*2)*#Z#42#6+)5#,-23+)(#/1'#3)5)+1#(.:)+124'#,'#42#6)1217'#5+4),2)('D#82)5#2/55)#,'#9+/3+)(#

5-)1*.('55'(#2/F#)1,)3),/5#I/)#5+1*#.92(:121*5#5+4),2)('5#,215#/1#+(:21)58'D#82)5#I/)#1'#5-)894)I/'1*#

925#,2321*2:'#5/(# 4'/(#*'(()*+)('%#0'#H/*#.*21*#,'#523+)(#5)#7'5# )1,)3),/5#2/(2)'1*#9/#j*('# )1*.('55.5#

92(# ,'5# 5*(/7*/('5# ,-.92(:1'# 5+4),2)('# 94/5# 92(*)7)92*)3'5%# c215# 4'# 725# ,'# (.9+15'5# 1.:2*)3'5D# )4#

5-2:)552)*#,'#8)'/F#7'(1'(#4'5#6(')15#Z#7'**'#)894)72*)+1#'*#,215#4'#725#,'#9'(5+11'5#)1*.('55.'5#92(#42#

6)1217'#5+4),2)('#'*#92(*)7)92*)3'D#7+89('1,('#9+/(I/+)#Z#4-P'/('#27*/'44'#'44'5#1'#5'#5+1*#925#'17+('#

)13'5*)'5%#C'9'1,21*D#1+/5#23+15#.*.#7+16(+1*.5#Z#,)66.('1*'5#4)8)*'5#[#

G 02#,)66)7/4*.#,-'1*('(#'1#7+1*27*#23'7#7'(*2)15#+(:21)58'5#

G 02#,)66)7/4*.#,-23+)(#277<5#Z#,'5#H25'5#,'#,+11.'5##

#

>+/5# 23+15# 2)15)# ,d# ('3+)(# 1+5# 9(.*'1*)+15%# >+*('# \#921+(282#]# ,'5# .92(:121*5# 5+4),2)('5# '1#

;/3'(:1'# 5-'5*# ,+17# 7+17'1*(.# 5/(# ,'/F# 5*(/7*/('5D# ('4'321*# ,2321*2:'# ,'# 42# 6)1217'# 5+4),2)('# '*#

92(*)7)92*)3'# '*# 2992(*'121*# Z# 42# 72*.:+()'# L)1215+4# ,'5# \#-.&2:"&",+$ +/)'*&'2#+$ 4'&$ !"#$ #",2#.2'+#$

+/)'*&'2#$]#[#4'5#C$n;0N^#'*#&'(('#,'#4)'15#A)4#'5*#)89+(*21*#,'#9(.7)5'(#I/'#4'5#.92(:121*5#&c0#1'#5+1*#

925#6+(7.8'1*#'1:2:.5#,215#,'5#,.82(7P'5#92(*)7)92*)3'5#2/#5')1#,'#42#5*(/7*/('D#Z#42#,)66.('17'#,'5#

H.1.3+4'5#&c0B%###

! aY#

S%#q42H+(2*)+1#,-/1#I/'5*)+112)('#'1#4):1'#

=+/(#8)'/F#7+112r*('#4'#9(+6)4#,'5#.92(:121*5#7):24)'(5#'*#&c0#'1#;/3'(:1'D#/1#I/'5*)+112)('#'1#4):1'#

2# .*.# .42H+(.# 5/(# /1# 4+:)7)'4# 4)H('# ,'# 5+1,2:'# '1# 4):1'# \#0)8'5/(3'R#]# '*# ,)66/5.# 2/9(<5# ,'# WeK#

7):24)'(5# '*# SY"# .92(:121*5# &c0# Z# 4-.7P'44'# (.:)+124'%# >+/5# 23+15# 9/# 7+15*)*/'(# /1# .7P21*)44+1#

('9(.5'1*2*)6# '1# (.7+4*21*#'13)(+1#W!K# (.9+15'5D# 5+)*#YS#V#,'#1+*('# 7)H4'D#I/'#1+/5#23+15# *(2)*.#Z#

92(*)(# ,-/1# 4+:)7)'4# ,-2124R5'# 5*2*)5*)I/'# A^=^^B%# C'# I/'5*)+112)('# .*2)*# 5*(/7*/(.# '1# *(+)5# :(21,'5#

92(*)'5#[##

#

),+10$' 2+.0+=4.+*+-0f&%'[# )4# 5-2:)552)*# ,-),'1*)6)'(# 42# 12*/('# ,'5# .92(:121*5# 5+4),2)('5# Z# 92(*)(# ,'#94/5)'/(5#7()*<('5#A:'1('D#h:'D#5)*/2*)+1#628)4)24'#'*#:.+:(29P)I/'#'*7%BD#1+*('#PR9+*P<5'#.*21*#I/'#4'5#)1,)3),/5#)894)I/.5#,215#7'5#,.82(7P'5#+1*#,'5#72(27*.()5*)I/'5#7+88/1'5#'*#I/-)4#.*2)*#9+55)H4'#,'#,('55'(#/1#\#9(+6)4G*R9'#]#p#

),+10$' 3R4D",5*"*8' 2+$03"0,%'[# C-'5*# 42# 12*/('# ,'5# 9(+,/)*5# ,-.92(:1'5# 5+4),2)('5# I/'# 1+/5# 3+/4)+15#+H5'(3'(# )7)# A1+8H('#,'# (.9+1,21*5#C$n;0N^#'*# &'(('#,'# 4)'15D# 2,P.5)+1#Z#,-2/*('5#+(:21)58'5#,'#6)1217'5#5+4),2)('5D#27*)3)*.5#H.1.3+4'5#,215#7'(*2)1'5#,'#7'5#5*(/7*/('5B#p#

)",.+&,2'3R4D",5*"*82'2+$03"0,%2'[#>+/5#3+/4)+15#523+)(#)7)#7+88'1*#4'5#)1,)3),/5#232)'1*G)45#7+11/#42#6)1217'# 5+4),2)('D# 5-)45# .*2)'1*# ,.XZ# )894)I/.5# 2/92(2321*%# >+/5# 23+15# .:24'8'1*# 7+1527(.# ,'/F#I/'5*)+15# 2/F#8+*)32*)+15# '*# 2/F# '66'*5# ,'# 4-)894)72*)+1# ,215# /1# +(:21)58'# ,-.92(:1'# 5+4),2)('# Z#4-2),'#,'#7P+)F#,'#(.9+15'5%##

2+'#3%40'!3%5#060506&'!5!7'(86/!1!!! c'#(.24)5'(#/1#921+(282#,'5#.92(:121*5#C$n;0N^#'*#&c0D#Z#92(*)(#,-/1#.7P21*)44+1#('9(.5'1*2*)6#! c'#3.()6)'(#7'(*2)1'5#,'#1+5#PR9+*P<5'5#'*#,-23+)(#,'5#9('8)'(5#.4.8'1*5#,'#(.9+15'5#! c'#9(+,/)('#,'5#)16+(82*)+15#7P)66(.'5#A9+/(7'1*2:'5B#!!!956/!'**'!5!.:87:(0;!5%//6!<'/!*6860'/!1!! ?.24)5.'#5/(#/1#*'895#7+/(*D#23'7#,'5#I/'5*)+15#6'(8.'5D#'44'#1-2#925#9'(8)5#,-'1*('(#(.'44'8'1*#

,215#4-2124R5'#,/#5'15#3.7/#'*#)1,)3),/'4#,'5#9(2*)I/'5#'*#,'5#'F9.()'17'5#5+7)24'5#,'5#.92(:121*5#5+4),2)('5'

!!###

w D,+g$'2+.0+=4.+*+-0f&%#5!

w D,+g$'3R4D",5*"*82'2+$03"0,%2##!

w )",.+&,2'3R4D",5*"*82'2+$03"0,%2'#$!

! aJ#

_%#q*/,'#I/24)*2*)3'#[#9(+6)45D#8+*)32*)+15#'*#)8927*5#*'(()*+()2/F#,'5#7):24)'(5#'1#;/3'(:1'##

# 0-)89.(2*)6#,-/1'#.*/,'#I/24)*2*)3'#'5*# 4).#Z#1+*('#5/X'*#,-.*/,'#[#1/3.2#"*2#$ )#+$ 2&'+/"+$*#$

)6'3.)'1&,'/"$*&"+$!"#$+,2!1,!2#$*#$%'"&"1#$+/)'*&'2#$#,$)#+$#%%#,+$5!#$1#)&$.2/*!',$+!2$!"$'"*'4'*!#]%#^)#

1+/5# 23+15# (.7+4*.# ,'5# )16+(82*)+15# 7P)66(.'5D# )4# '5*# )89+(*21*# ,-299(+6+1,)(# 7'5# *P.82*)I/'5# '1#

)1*'((+:'21*#4'#5'15#,/#3.7/#,'5#.92(:121*5#5+4),2)('5%#>+*('#.*/,'#I/24)*2*)3'#2#.*.#(.24)5.'#Z#92(*)(#

,'#WJ#'1*('*)'15#5'8)G,)('7*)65%#

W%#q42H+(2*)+1#,/#:/),'#,-'1*('*)'1#

>+/5#23+15#7P+)5)#,'#(.24)5'(#42#92(*)'#I/24)*2*)3'#Z#92(*)(#,-'1*('*)'15#5'8)G,)('7*)65%#C'**'#8.*P+,'#

9'(8'*#,'#9+/3+)(#7'1*('(#4'5#9(+9+5#,'5#9'(5+11'5#)1*'((+:.'5#2/*+/(#,'#,)66.('1*'5#*P.82*)I/'5#

9(.242H4'8'1*# ),'1*)6).'5# 92(# 4-'1I/j*'/(# '*# 7+15):1.'5# ,215# /1# :/),'# ,-'1*('*)'1%# 0'# :/),'#

,-'1*('*)'1#7+89('12)*#7)1I#:(21,5#*P<8'5#[#

#

)",.+&,2'D%,2+**%$';'.4.8'1*5#H)+:(29P)I/'5#p#

hD",5*"*82' 2+$03"0,%2' %8' !%,,08+0,%';' ;7*)3)*.5# 9(2*)I/.'5# 5/(# 4'# *'(()*+)('D# 7+112)55217'# ,'5#

('55+/(7'5#*'(()*+()24'5#p#

)",.+&,2'3R4D",5*"*82'2+$03"0,%2';'q*29'5#,-'1*(.'#,215#4'#74/H#C$n;0N^#p#

>%2'D,+i%82';'C()*<('5#'*#324'/(5#I/)#9()8'1*#,215#4'#7P+)F#,-/1#9(+X'*D#9(+X'*5#('17+1*(.5#p'

90*"*.%'2+$03"0,%'%8' 0-D$0."80+*' $+."$%';'N66'*5D# )8927*5#,'# 4-)894)72*)+1#7):24)<('D# 7'1*('5#,-)1*.(j*5#

1+/3'2/FD#,)66.('17'5#7+15*2*.'5#23'7#4'5#)894)72*)+15#9(.7.,'1*'5%#

w )",.+&,2'D%,2+**%$'#5!w hD",5*"*82'2+$03"0,%2'%8'!%,,08+0,%##!w )",.+&,2'3R4D",5*"*82'2+$03"0,%2''#$!

w >%2'D,+i%82'#"!

w 90*"*.%'2+$03"0,%'%8'0-D$0."j+*'$+."$%'#1!!!!!

! a!#

S%#C+15*)*/*)+1#,'#4-.7P21*)44+1#

# # >+/5# 5+/P2)*)+15# ,215# /1# 9('8)'(# *'895# ('17+1*('(# '1# '1*('*)'1# ,'5# .92(:121*5#

5+4),2)('5# ,'# *(+)5# 5*(/7*/('5# ,)66.('1*'5#[# C$n;0N^D# &'(('# ,'# 0)'15D# ;O;=%# >+/5# 1+/5# 5+88'5#

7'9'1,21*# /1'# 6+)5# ,'# 94/5# P'/(*.5# Z# 42# ,)66)7/4*.# ,'# 42# 9()5'# ,'# 7+1*27*%# 02# 9(+F)8)*.# 23'7# 4'5#

.92(:121*5# C$n;0N^# A.*21*# 5*2:)2)('# Z# 4-;55+7)2*)+1# ?.:)+124'# ,'5# C$n;0N^B# 2# 627)4)*.# 42# 9()5'# ,'#

7+1*27*# 23'7# 7'# 9/H4)7%#>+/5# 23+15# ,+17# ,.7),.# ,'# 1+/5# 7'1*('(# 5/(# 4'5# 7):24)'(5%#t1# '1*('*)'1# A4'#

I/)1s)<8'B#2#.*.#(.24)5.#23'7#/1'#.92(:121*'#5+4),2)('#,'#&c0D#824P'/('/5'8'1*#42#82/32)5'#I/24)*.#

,'# 4-'1(':)5*('8'1*#1-2#925#9'(8)5#,'# ('*(2157()('# 7'# ('1,'sG3+/5%#=+/(# ('17+1*('(# 4'5#.92(:121*5#

5+4),2)('5D# 1+/5# 5+88'5# 92(*)5# ,-/1# :(+/9'# ,'# !# 9'(5+11'5# ,'# ,.92(*# 7P+)5)'5# 23'7# 4'# C+8)*.# ,'#

9)4+*2:'%#=/)5D# Z# 7P2I/'# ('17+1*('#1+/5#23+15#,'821,.#2/F#'1I/j*.5# ('17+1*(.5# 4'5# 7++(,+11.'5#

,-2/*('5#7):24)'(5#I/'#1+/5#9+/(()+15#7+1*27*'(#5/(#4'#*'(()*+)('%##0'5#W!#'1*('*)'15#+1*#.*.#(.24)5.5#'1#

627'#Z#627'D#9+/(#42#82X+()*.#2/#,+8)7)4'#,'5#)1,)3),/5#'*#'1(':)5*(.5#Z#4-2),'#,-/1#82:1.*+9P+1'%##

k# 92(*)(# ,'5# (.5/4*2*5# ,/# I/'5*)+112)('D# /1# .7P21*)44+1# ('9(.5'1*2*)6# ,'5# .92(:121*5# 5+4),2)('5# '1#

;/3'(:1'#2#.*.#.42H+(.D# 7+89('121*# 5'9*# 6'88'5#'*# 5'9*#P+88'5#,'#Se#215#Z#"S#215# ('17+1*(.5#

'1*('#X/)1#'*#X/)44'*#SKWJ#'*#2992(*'121*#Z#7)1I#74/H#C$n;0N^#,)66.('1*5%##

Y%#0'#*'(()*+)('#,-.*/,'#

# $4# 232)*# .*.# ,.7),.# 2/# ,.92(*# ,'# ('17+1*('(# ,'5# .92(:121*5# 5+4),2)('5# (.5),'1*5# 5/(# 4'#

*'(()*+)('# ,/# =2(7#>2*/('4# ?.:)+124# ,'5# @+47215# ,-;/3'(:1'%#c'/F# 74/H5# C$n;0N^# 5+1*# 5)*/.5# 5/(# 4'#

9.()8<*('#,/#=2(7#'*#/1#*(+)5)<8'#H25.#Z#;/()4427#2#/1#*'((2)1#,-27*)+1#I/)#'1:4+H'#/1#8+(7'2/#,'#42#

92(*)'#721*24)'11'#,/#=>?@;%#$4#R#232)*#5/66)5288'1*#,'#7):24)'(5#5/(#7'#*'(()*+)('#A9('5I/'#YKB#9+/(#

(.24)5'(# 42# 92(*)'# I/24)*2*)3'%# C'9'1,21*D# 2/# 6)4# ,'5# '1*('*)'15D# 1+/5# 23+15# ,.7),.# ,'# ('17+1*('(#

I/'4I/'5#9'(5+11'5#,-2/*('5#74/H5#C$n;0N^D#26)1#,-23+)(#,'5#(.7)*5#,-'F9.()'17'5#94/5#32().5#AP)5*+)('#

,'#42#7(.2*)+1#,/#74/HD#9(+X'*5#277+892:1.5B%#>+/5#23+15#,+17#,.7),.#,'#1'#925#('17+1*('(#94/5#,'#J#

9'(5+11'5#2992(*'121*#Z#42#8j8'#5*(/7*/('D#1+/5#7+1,/)521*#Z#5+(*)(#,/#9.()8<*('#,/#=>?@;#9+/(#

('17+1*('(#Y#7):24)'(5#Z#C4'(8+1*GL'((21,#'*#Y#7):24)'(5#Z#;/H)<('%#c'5#WJ#7):24)'(5D#e#5+1*#5)*/.5#5/(#4'#

*'(()*+)('# ,/# =2(7#[# Y# 5/(# 42# 7+88/1'# ,'# ^2)1*G_+11'*G9(<5Go(7)324D# W# 5/(# 42# 7+88/1'# ,'# ^2)1*G

^2*/(1)1D# W# 5/(# 42# 7+88/1'# ,/# @'(1'*G^2)1*'GO2(:/'()*'D# W# 5/(# 42# 7+88/1'# ,'# ^2)1*G_+11'*G,'G

C+1,2*#'*#S#Z#;R,2*%##

#

#

#

! a"#

#

=+/(I/+)# 1+/5# 1-23+15# 925# ('17+1*(.5# 94/5# ,'# W!# 9'(5+11'5#x# 0'# 9('8)'(# .4.8'1*# '5*# ,-+(,('#

*'89+('4D# ('17+1*('(# 94/5# ,'# W!# 9'(5+11'5# '*# 2124R5'(# 4'5# 7+1*'1/5# 1-2/(2)*# 925# .*.# 9+55)H4'# '1#

*'(8'5#,'#*'895%#=2(#2)44'/(5D#Z#92(*)(#,'#W!#Z#SK#('17+1*('5D#+1#9'/*#+H5'(3'(#/1\#9P.1+8<1'#,'#

52*/(2*)+1# ,'5# (.9+15'5# ]D# 5)# H)'1# I/'# 4'5# 9(.7)5)+15# b# )16+(82*)+15# 5/994.8'1*2)('5# 5'# 6+1*# 94/5#

(2('5%##

! aa#

!

905&,%'(X'A08&"80+*'54+5,"D/0f&%'3%2'(U'.05"$0%,2',%*.+*8,42'%*'%*8,%80%*F'A+&,.%';'A+$%*'<",80*'

'

A Y D A TA Y D A T

A U B I E R EA U B I E R E

S A I N T - S A T U R N I NS A I N T - S A T U R N I N

C L E R M O N T - F E R R A N DC L E R M O N T - F E R R A N D

S A I N T - B O N N E T -S A I N T - B O N N E T -D E - C O N D A TD E - C O N D A T

S A I N T - B O N N E T -S A I N T - B O N N E T -P R E S - O R C I V A LP R E S - O R C I V A L

L E V E R N E T -L E V E R N E T -S A I N T E -S A I N T E -

M A R G U E R I T EM A R G U E R I T E

! ae#

J%#0'#6+1,5#,'#72(*'#

=+/(# 42# 92(*)'' k'hD",5*"*82' 2+$03"0,%2' %8' !%,,08+0,%'lD# 1+/5# 23+15# 62)*# ,)57/*'(# A'*# ,'55)1'(B# 4'5#

7):24)'(5# 5/(# 4'5# 27*)3)*.5# 9(2*)I/.'5# 5/(# 4'# *'(()*+)('# '*# 5/(# 4'/(# 7+112)55217'# ,'5# ('55+/(7'5#

*'(()*+()24'5#A5'7*'/(# *+/()5*)I/'D#7/4*/('4D#2:()7+4'D#.7+1+8)I/'B#Z#92(*)(#,-/1# 6+1,5#,'#72(*'%#C'**'#

92(*)'#2#.*.#9'/#'F94+)*.'#'1#(2)5+1#,-/1#821I/'#,'#*'895%#

!

!

905&,%'(U'9+*32'3%'.",8%'6&7%,5*%F'A+&,.%';'A+$%*'<",80*'

#

#

#

#

#

#

!

!

!

!

!

!

! !

!

!

!

!"#$%&$'(#&

)'(&'(

*&&+*#(

)#*+",(

!$"#*$-

$"#*''$-

-'(#!+.%/0(##$.,

#*+!/(&/!+.%$1.(&

#+-2(0+#%/!+.%$1.(

'$3%+"#/,4$"5(#1.(

! aQ#

!%#0'5#+/*)45#,-2124R5'#)1*'(8.,)2)('#

0'5# WJ# '1*('*)'15# +1*# .*.# ('*(2157()*5# )1*.:(24'8'1*D# ('9(.5'1*21*# 94/5# ,'# W!K# 92:'5# ,'# *'F*'5# Z#

2124R5'(%#;6)1#,'#9+/3+)(#*(2)*'(#42#,'15)*.#)16+(82*)+11'44'D#1+/5#23+15#/*)4)5.#,'/F#+/*)45#,-2124R5'#

)1*'(8.,)2)('D#I/)#1+/5#+1*#2),.#Z#8'**('#'1#4/8)<('#4'5#)16+(82*)+15#4'5#94/5#)89+(*21*'5%##

!%W%#c'5#\#64<7P'5#92(7+/(5#]#

=+/(#7P27/1#,'5#'1*('*)'15D#1+/5#23+15#(.24)5.#,'5#\#64<7P'5#92(7+/(5#]#[#C)1I#64<7P'5#*P.82*)I/'5#'*#

7P(+1+4+:)I/'5#5R1*P.*)521*#,'5#)16+(82*)+15#74'65#5.4'7*)+11.'5#,215#4'5#'1*('*)'15%#C'42#9'(8'**2)*#

,'# 8)'/F# 7+89('1,('# 4'# 92(7+/(5# ,-)894)72*)+1# 7):24)<('# ,-/1# )1,)3),/# '*# ,'# 8'**('# '1# ('4)'6#

4-)1*'(('42*)+1#'1*('#4'5#,)66.('1*5#*P<8'5#5.4'7*)+11.5%#0'5#C)1I#:(21,5#*P<8'5#I/)#7+89+52)'1*#7'*#

+/*)4#,-2124R5'#)1*'(8.,)2)('#5+1*#[#

G $R6O'3%2']?b6>BA'3R6&7%,5*%#A,2*'#,'#7(.2*)+1B#

G m0+5,"D/0%#A.4.8'1*5#74'65#,215#4'#92(7+/(5#,'#3)'#,-/1#7):24)'(5B#

G >R0-D$0."80+*'"&P']?b6>BA#A'1*(.'#,215#/1#74/H#C$n;0N^B#

G >R0-D$0."80+*'n'3R"&8,%2'+,5"*02"80+*2#A255+7)2*)3'5#+/#9+4)*)I/'5B#

G AW28Z-%' 3%' 7"$%&,2# A?'9()5'# ,-.4.8'1*5# 82(I/21*5# 2R21*# 7+1*()H/.# Z# 7+15+4),'(# +/# Z#

299+(*'(#,'#1+/3'44'5#324'/(5#2/#7):24)'(B#

!905&,%'(T'BP%-D$%'3L&*%'10./%'o9$Z./%'D",.+&,2o'

! eK#

!%S%#0'5#\#L)7P'5#5R1*P<5'b2124R5'#]#

>+/5# 23+15# 7+894.*.# 4'5# \#64<7P'5# 92(7+/(5#]# 92(# ,'5# 5R1*P<5'5# ,'# 7P2I/'# '1*('*)'1# 7+89('121*#

,)66.('1*'5# #72*.:+()'5%#C'42#,'32)*#1+/5#9'(8'**('#,'#62)('#/1#,.H/*#,-2124R5'#,'# 42#82*)<('D#82)5#

2/55)#,'#5.4'7*)+11'(#,'5#92552:'5#,-'1*('*)'15#9+/(#'F'894)6)'(#7P2I/'#)*'8#'*#,+1*#1+/5#9+/(()+15#

1+/5#('55'(3)(#/4*.()'/('8'1*%#C'#*(232)4#2#9'(8)5#,-27I/.()(#/1'#8')44'/('#7+112)55217'#,/#7+1*'1/#

,'#'1*('*)'15D#,-+9.('(#/1'#5.4'7*)+1#,'5#92552:'5#)1*.('5521*5#7+89*'#*'1/#,'#1+*('#9(+H4.82*)I/'#

'*#,'#,.H/*'(#4-2124R5'#I/24)*2*)3'%##

0'5#6)7P'5#\#5R1*P<5'b2124R5'#]#7+89('12)'1*#Y#:(21,5#*P<8'5#'*#,'5#5+/5G*P<8'5#[#

&P<8'#W#[#m0+5,"D/0%#

^+/5G*P<8'5#[#>&21/!2+$*#$4'#$X$S#"1/",2#+$&4#1$)#+$GTYKECO#

&P<8'#S#[#C%2'.08+W%*2'f&0'2R0-D$0f&%*8'D+&,'2+&8%*0,'$"'.,4"80+*'3R".807084'2&,'$%&,'8%,,08+0,%#

^+/5G*P<8'5#[#O6'3.)'5!#2$*&"+$!"$1)!($GTYKECO0$!"$.2/1#++!+$1/"+,2!',$Z$[-)-3#",+$*-1)#"18#!2+$#,$

3/,'4&,'/"+$ ./!2$ *#4#"'2$ 1':&)'#2\$ X$ >&2,'1'.#2$ @$ !"$ *-4#)/..#3#",$ ,#22',/2'&)$ J$*!2&()#$W$ #"$

+/!,#"&",$*#+$.2/L#,+$&"12-+$ +!2$ )#!2$ ,#22',/'2#$ [12',P2#+$#,$ 4&)#!2+$5!'$.2'3#",$ )/2+$*!$ +/!,'#"$*6!"$

.2/L#,\$

&P<8'#Y#[#^R0-D$0f&%,'3"*2'&*'.$&#'.05"$%2';'%11%82'%8'"*"$W2%'

^+/5G*P<8'5#[# E#+$ GTYKECO0$ !"$ &1,#!2$ *#$ )6-*!1&,'/"$ ./.!)&'2#$ [*-4#)/..#3#",$ *#$ )6&!,/"/3'#$ *#$

.#"+-#0$ *#$ )6&!,/"/3'#$ *6&:'2$ /!$ *#$ )&$ 1&.&1',-$ *6&1,'/"$ 18#H$ )#+$ -.&2:"&",+$ 1':&)'#2+\$ X$

A-4#)/..#3#",$ *#$ )&$ 1&.&1',-$ *6'3.)'1&,'/"$ 1',/;#""#$ ["/!4#))#+$ '3.)'1&,'/"+0$ 1#",2#+$ *6'",-2U,+$

"/!4#&!7\"

!905&,%'(V'BP%-D$%'3L&*%'10./%'o2W*8/Z2%G"*"$W2%o'''

! eW#

0-+/*)4#,'#4-'1*('*)'1#5'8)G,)('7*)6#2#9'(8)5#,'#7+44'7*'(#,'#1+8H('/5'5#)16+(82*)+15#I/24)*2*)3'5%#02#

I/25)G*+*24)*.#,'5#'1*('*)'15#2#.*.#'1(':)5*(.'#7'#I/)#2#627)4)*.#4-2124R5'%#0-'1(':)5*('8'1*#2#9'(8)5#,'#

4)H.('(D# '1# 92(*)'D# 4-'1I/j*'/(# ,'# 42# 9()5'# ,'# 1+*'5D# ,-28.4)+('(# 42# 7+1,/)*'# ,'# 4-'1*('*)'1# '*# 42#

(.7'9*)3)*.D# 82)5# 2/55)# ,'# 7+15'(3'(# *+/*'# 42# ()7P'55'# ,'5# ,)('5# ,-27*'/(5%# =2(*21*# ,'# 7'# 5/99+(*#

2/,)+D# /1'# ('*(2157()9*)+1# )1*.:(24'# ,'5# '1*('*)'15# 2# .*.# '66'7*/.'# A94/5# ,'# W!K# 92:'5# ,'#82*)<('#

H(/*'B%# C'# *(232)4# 2# ('1,/# 9+55)H4'# 4-'F94+)*2*)+1# 2)15)# I/'# 4-2124R5'# ,'5# ,+11.'5# I/24)*2*)3'5#

+H*'1/'5#4+(5#,'5#.7P21:'5#23'7#4'5#7):24)'(5#5/(#4'#*'(()*+)('#2/3'(:12*%##

#

>R%*f&p8%'f&"$08"807%'"'D%,-02'[###! c-299(+6+1,)(#4'5#9('8)'(5#(.5/4*2*5#+H*'1/5#'1#299(+6+1,)5521*#7P2I/'#*P.82*)I/'#! c-299+(*'(# ,'5# .4.8'1*5# ,'# (.9+15'# Z# 42# 9(+H4.82*)I/'# 9+5.'# '1# ('7/')4421*# '*# '1# 2124R521*# 4'5#

,)57+/(5#,'5#7):24)'(5#! c-+/3()(#,'#1+/3'44'5#9'(59'7*)3'5#,'#('7P'(7P'#

##

<"02'%$$%'"'.+-D+,84'"&220'3%2'$0-08%2';''! CP(+1+9P2:'#A('*(2157()9*)+1#)1*.:(24'#,'5#WJ#'1*('*)'15B'! c)66)7/4*.5#Z#*(2)*'(#,'5#(.9+15'5#Z#,'5#I/'5*)+15#+/3'(*'5y'! c'#62E+1#57)'1*)6)I/'#A5/HX'7*)3)*.#,'5#,)57+/(5#'*#,'#4-)1*'(9(.*2*)+1#,'5#,)57+/(5B'

'!

! eS#

]+*.$&20+*'

02#9(+H4.82*)I/'#I/)#2#:/),.#1+*('#*(232)4#[#

B*'f&+0:'$"'D",80.0D"80+*'3%'.08+W%*2'n'3%2'28,&.8&,%2'3%'10*"*.%'2+$03"0,%:'.08+W%**%'%8'D",80.0D"807%'

.+--%' $%2' ]?b6>BA' $%&,' D%,-%8' 3%' 3%7%*0,' 3%2' ".8%&,2' 0*7%2802' %8' .+*8,0#&"*8' n' &*'

347%$+DD%-%*8'8%,,08+,0"$'3&,"#$%'q''

N*#4'5#I/'5*)+15#I/)#'1#,.7+/42)'1*#[#

;4&"*+'0",)*"72$.<'$'0*"*+,&-$&.)*")'"=43).<')"9"

;4),,)*"*+'0",)*".$&*+'*"-)",)4."&62,&($0&+'"-$'*"4'"(,48">?@=#AB"9""

;4),*"*+'0",)*")%%)0*"-)*">?@=#AB"*4.",)*"&'-&3&-4*")0"*4.",)*"0)..&0+&.)*"9"

^/99+52)*# 9+/(# *'1*'(# ,-R# (.9+1,('D# 2/# 8+)15# '1# 92(*)'D# ,-.42H+('(# /1# 72,('# 8.*P+,+4+:)I/'#

2,29*.%#>+*('#)*)1.(2)('#8.*P+,+4+:)I/'#2#.*.#2(*)7/4.#'1#,'/F#92(*)'5#[#

t1'#92(*)'#I/21*)*2*)3'D#(.24)5.'#Z# 4-2),'#,-/1#I/'5*)+112)('#'1# 4):1'#,)66/5.#2/9(<5#,'5#.92(:121*5#

5+4),2)('5#,'5#C$n;0N^#'*#,'#&'(('#,'#4)'15D#Z#4-.7P'44'#(.:)+124'#p#

t1'#92(*)'#I/24)*2*)3'#(.24)5.'#Z#92(*)(#,'#WJ#'1*('*)'15#5'8)G,)('7*)65#2/9(<5#,'#7):24)'(5D#,+1*#e#5/(#

4'# *'(()*+)('# ,/# =2(7# >2*/('4# ?.:)+124# ,'5# @+47215# ,-;/3'(:1'# '*# "# 5/(# 42# C+88/12/*.#

,-2::4+8.(2*)+1# ,/# n(21,# C4'(8+1*# AC4'(8+1*GL'((21,# '*# ;/H)<('BD# 9'(8'**21*# ,-244)'(# (/(24)*.# '*#

/(H21)*.%##

0'5# 82*.()2/F# (.7+4*.5# Z# 92(*)(# ,'# 7'5# 8.*P+,'5D# 1+/5# 9'(8'**'1*# ,-299+(*'(# ,'5# .4.8'1*5# ,'#

(.9+15'#Z#42#9(+H4.82*)I/'#,'#7'#8.8+)('%#

#

#

! eY#

!"#$%&'('G!!"#$%&'&#(#'

# #

# C'**'# 92(*)'# 3)5'# Z# 9(.5'1*'(# 4'5# (.5/4*2*5# ,/# I/'5*)+112)('# '1# 4):1'# ('15'):1.# 92(# ,'5#

.92(:121*5#5+4),2)('5#,'5#C$n;0N^#'*#,'#&'(('#,'#4)'15#'*#,'5#'1*('*)'15#(.24)5.#2/9(<5#,'#7):24)'(5#5/(#

4'#*'(()*+)('#2/3'(:12*%##

>+/5#5+/P2)*)+15#7+1*()H/'(#Z#62)('#23217'(#42#(.64'F)+1#5/(#4'5#*P.82*)I/'5#,'#42#6)1217'#5+4),2)('#'*#

,'#4-)894)72*)+1#4+724'D#5/(#6+1,5#*'(()*+()24%#

u/2*('#:(21,5#2F'5#5*(/7*/('1*#7'**'#92(*)'%#

c215#/1#9('8)'(# *'895D#1+/5#2124R5'(+15# 4'5# (.5/4*2*5#,'# 4-'1I/j*'#'1# 4):1'D#Z#92(*)(#,'5#,+11.'5#

7P)66(.'5#('7/')44)'5%#>+/5#5'(+15#8)'/F#Z#8j8'#,'#7+112r*('#I/)#5+1*#4'5#7)*+R'15#I/)#5-)894)I/'1*#

,215# ,'5# +(:21)58'5# ,'# 6)1217'# 5+4),2)('# '1# ;/3'(:1'D# ,'# 3.()6)'(# 5)# )4# R# 2# /1# 9(+6)4G*R9'# ,'#

4-.92(:121*# 5+4),2)('# '1# ;/3'(:1'D# 82)5# 2/55)# ,-23+)(# ,'# 9('8)'(5# .4.8'1*5# ,'# (.9+15'5# 5/(# 4'5#

8+*)32*)+15#'*#'66'*5#,'#7'**'#)894)72*)+1#2/#5')1#,'5#C$n;0N^#+/#,'#&'(('#,'#0)'15%#

0'5#*(+)5#:(21,5#2F'5#('5*21*5#5+1*#4'5#(.5/4*2*5#,'#42#,'/F)<8'#9P25'#,'#4-'1I/j*'#[#4-2124R5'#,'5#WJ#

'1*('*)'15#2/9(<5#,'#7):24)'(5#'1#8)4)'/#(/(24D# 5/(# 4'# *'(()*+)('#,/#=>?@;#'*#'1#8)4)'/#/(H2)1D#5/(# 42#

7+88/12/*.#/(H2)1'#,/#n(21,#C4'(8+1*D#2992(*'121*#Z#7)1I#74/H5#C$n;0N^#,)66.('1*5%##

0'5#,'/F#9('8)'(5#9+)1*5#6+1*#,2321*2:'#299'4#Z#42#,)57)94)1'#5+7)+4+:)I/'#'*#5-2**27P'1*#Z#2124R5'(#

4'5#.4.8'1*5#,.74'17P'/(5#'*#4'5#(2)5+15#,'#4-)894)72*)+1#7):24)<('D#Z#*(23'(5#4'5#H)+:(29P)'5#,'#7P2I/'#

9'(5+11'# ('17+1*(.'# '1# '1*('*)'1%# >+/5# '552)'(+15# ,'# 8)'/F# 7+89('1,('# I/'45# 5+1*# 4'5#

,.*'(8)121*5#5+7)2/F#627)4)*21*#4-)894)72*)+1D#*+/*#'1#5-)1*.('5521*#2/55)#2/F#8+*)32*)+15#)1,)3),/'44'5#

23217.'5#92(# 4'5# )1,)3),/5%# 0-)894)72*)+1#,215#/1# 74/H#C$n;0N^#'5*G'44'# 4'# 6(/)*#,/#P252(,#+/#94/*f*#

,-/1#9(+7'55/5#x#

c215#4'#,'(1)'(#2F'D#1+/5#('*(+/3'(+15#42#,)8'15)+1#*'(()*+()24'#,'#42#,.82(7P'%#=/)5I/'#1+/5#1+/5#

9'17P'(+15#5/(#4'5#'66'*5#,'#4-)894)72*)+1#7):24)<('#5/(#4'5#)1,)3),/5%#N5*G7'#I/'#4'#62)*#,'#92(*)7)9'(#Z#

/1'#,.82(7P'#7+44'7*)3'D#,'#6)1217'#5+4),2)('D#2R21*#9+/(#H/*#,'#92(*)7)9'(#Z#42#7(.2*)+1#,-27*)3)*.#5/(#

4'# *'(()*+)('D# *(2156+(8'# /1'# 9'(5+11'#x# N5*G7'# I/'# 7'42# 4/)# 299+(*'# /1# (.5'2/# 1+/3'2/D# ,'5#

7+112)55217'5#1+/3'44'5#x#N5*G7'#I/'#7'42#9'(8'*#,'#9('1,('#7+157)'17'#,'#52# *'(()*+()24)*.#x#@+)7)#

/1'# 5.()'# ,'# I/'5*)+15D# 2/FI/'44'5# 1+/5# *'1*'(+15D# *+/*# 2/# 4+1:# ,'# 7'**'# 92(*)'# ,-299+(*'(# /1#

.742)(2:'%#

! eJ#

$%#u/)#5+1*#4'5#.92(:121*5#5+4),2)('5#'1#;/3'(:1'#x##

# 0-2124R5'# I/21*)*2*)3'D# ('9+5'# 5/(# /1# I/'5*)+112)('# '1# 4):1'# 2,('55.# Z# ,'5# .92(:121*5#

5+4),2)('5#,'5#C$n;0N^#'*#,'#&'(('#,'#0)'15#Z#4-.7P'44'#,'#4-;/3'(:1'#AW!K#9'(5+11'5#R#+1*#(.9+1,/B%#

C'**'# 8.*P+,'# 1+/5# 2# 9'(8)5# ,'# (.7+4*'(# ,'5# ,+11.'5# 5*21,2(,)5.'5# A,'5# )16+(82*)+15# ,+1*# 42#

12*/('# '*# 4'5#8+,24)*.5# ,'# 7+,2:'# 5+1*# 5*()7*'8'1*# ),'1*)I/'5# ,-/1# )1,)3),/# +/# ,-/1'# 5)*/2*)+1# Z#

4-2/*('B%##

0'5# (.5/4*2*5# ,/# I/'5*)+112)('# +1*# 9'(8)5# ,'# 9(+,/)('# ,'5# )16+(82*)+15# 7P)66(.'5# A9+/(7'1*2:'5B%#

0+)1#,-j*('#/1'#6)1#'1#5+)D#7'5#7P)66('5#7+15*)*/'1*#/1'#.*29'#)1*'(8.,)2)('#,'#4-2124R5'D#9'(8'**21*#

,-'552R'(#,'#52)5)(#,'5# (.:/42()*.5#,215# 4'5#9(+6)45# 5+7)+G.7+1+8)I/'5D#,215# 4'5#7+89+(*'8'1*5D# 4'5#

8+*)32*)+15D#82)5#2/55)#,'#('9.('(#,'5#4)'15D#,'5#7+((.42*)+15#'1*('#,'5#32()2H4'5%##

C'7)#'5*#2#(299(+7P'(#23'7#1+5#I/'5*)+11'8'1*5#,'#,.92(*#[#I/)#5+1*#4'5#)1,)3),/5#I/)#5-)13'5*)55'1*#

,215#,'5# 5*(/7*/('5#,-.92(:1'# 5+4),2)('D# 'F)5*'G*G)4# /1#9(+6)4# *R9'#x#u/'44'5# 5+1*# 4'/(5#8+*)32*)+15#x#

q*2)'1*G)45#,.XZ#)894)I/.5##2321*D#'*#4'#62)*#,'#,'3'1)(#.92(:121*#5+4),2)('#2G*G)4#623+()5.#4'#62)*#,-23+)(#

,'# 1+/3'44'5# )894)72*)+15#x# =2(# I/'45# (.5'2/F# 4'5# )1,)3),/5# 9('11'1*# 7+112)55217'# ,'# 7'# I/-'5*#

4-.92(:1'#5+4),2)('#x##u/'4#'5*#4'/(#4)'1#2/#*'(()*+)('#[#5+1*G)45#)15*244.5#,/(2H4'8'1*#x#

>+/5# ('7P'(7P+15# )7)# 4'5# 627*'/(5# 'F94)72*)65# ,'# 7'# I/'# 1+/5# 9'15+15# j*('# 62)*# 5+7)24#[# 4-)894)72*)+1#

,215#/1#+(:21)58'#,'#6)1217'#5+4),2)('%#

c215#/1#9('8)'(#*'895#1+/5#2124R5'(+15#4'#9(+6)4#5+7)+G.7+1+8)I/'#A:'1('D#h:'D#5)*/2*)+1#628)4)24'#

'*7%B#,'5#.92(:121*5#5+4),2)('5#2/3'(:12*5#26)1#,-'552R'(#,'#,('55'(#/1#9(+6)4G*R9'%##

>+/5#,('55'(+15#'15/)*'#4'#9(+6)4#,-.92(:121*5#5+4),2)('5#A1+8H('#,'#(.9+1,21*5#C$n;0N^#'*#&'(('#,'#

4)'15BD#5+1*G)45#H.1.3+4'5#,215#,-2/*('5#5*(/7*/('5#x#

N16)1D#1+/5#('3)'1,(+15#5/(#4'#92(7+/(5#,-.92(:121*#5+4),2)('D#7+88'1*#)45#+1*#7+11/#4'5#C$n;0N^#+/#

&'(('#,'# 4)'15D#.*2)'1*G)45#,.XZ# )894)I/.5#2/92(2321*D#82)5#2/55)#26)1#,-23+)(#,'5#9('8)'(5#.4.8'1*5#

,'#(.9+15'#5/(#4'/(#8+*)32*)+15#Z#92(*)7)9'(#Z#,'5#5*(/7*/('5#,'#6)1217'#5+4),2)('%#

#

! !"#

$%#&'()*+#,(-*(./-(0(1*234#54,#402367/,#!

"#$%#!

84,# '/,3+797,# ,797*,7*234,# 53# 234,7*(009*'4# 40# +*:04# 0(3,# 1(07'4# 30#

/-;907*++(0#'4+97*<41407#/23*+*='/#40#-4#23*#-(0-4'04#+4#:40'4#54,#402367/,>#

9<4-#30#?(3'-4079:4#+/:@'41407#?+3,#/+4</#?(3'#+4,#)4114,#9<4-#"A>BC#D%#

##

#

&'#(!#)*!+,*%#!-.#!/!

84# 234,7*(009*'4# '/<@+4# 304# )9*=+4# ?9'7# 54# E4304,># ,43+41407# AB>A#D# 54,#

402367/,#(07#1(*0,#54#B"#90,>#9+(',#234#FC>A#D#(07#?+3,#54#G"#90,>#+9#?9'7#

+9#?+3,#*1?('79074#'4<*407#93H#-*:9+*4',#54#"F#90,#I#F"#90,#JBK>!L#DM%!

#

#

!

! !F#

#

01*'2*1,$!3#%),$$#((#!#*!4251(12(#!

84,# /?9':0907,# ,(+*59*'4,# 9N907# '/?(053# 93# 234,7*(009*'4# <*<407#

19E('*79*'41407#I#543H>#BO>KG#D#,(07#40#-(3?+4#47#LF>KB#D#?9-,/,#(3#19'*/,#

?(3'#30#7(79+#54#F">"#D%#

#

#

#

LF>CA# D# 54# -4,# -(3?+4,# <*<407# 9<4-# +43',# 40)907,># BC>FC# D# ,90,# 40)907# 47#

LL>FK#D#54#54,#*05*<*53,#54#+P/-;907*++(0#<*<407#,43+#47#,90,#40)907>#7'@,#?43#

54#)(N4'#1(0(?9'4079+#JG>CO#DM#

#

#

#

! !C#

0*2*'*!67,88'32*1,$!6'!(,.#5#$*!!

&+3,# 53# 7'(*,# 239'7# 54,# /?9':0907,# ,(+*59*'4,# ,(07# ?'(?'*/79*'4,# 54# +43'#

+(:41407>#-4-*#4,7#30#*05*-9743'#5P30#0*<493#54#<*4#-(0)('79=+4#19*,#,3'7(37#

5P304# *1?+90797*(0# 53'9=+4# ,3'# +4# 74''*7(*'4%# 84# 0(1='4# 54# +(-979*'4,# 4,7#

19E('*79*'4#,43+41407#?(3'#+9#-97/:('*4#54,#LF.B"#90,%#

#

#

92:(#2'!8%,1);!-.#!<!)*2*'*!67,88'32*1,$!6'!(,.#5#$*#

# # ##

Q(79+#

8(-979*'4# &'(?'*/79*'4# $37'4# #

#

A"#.#L"#90,# K# A# A# L#

LF#.#B"#90,# AA# F# K# AC#

BF#.#G"#90,# "# AF# K# LA#

GF#.#""#90,# G# LL# K# LF#

"F#.#F"#90,# B# GL# K# G"#

FF#47#?+3,# G# LB# K# LC#

#

Q(79+#

#

LC#

#

AAK#

#

A#

#

AB!##

#

R#

! !!#

=,82(1)2*1,$!>?@#

89# 239,*.7(79+*7/# 54,# '/?(05907,# ;9=*74# 590,# +4# 5/?9'741407# 53# &3N.54.ST14# JC!>K!#DM># -;*))'4# -(;/'407# +(',234# +P(0# ,9*7#234#40#-4#23*# -(0-4'04#+4,# -+3=,#UVW$8XY># O# ,(07# ,*73/,#590,# +4#5/?9'741407#53#&3N.54.ST14# ,3'#+4,#AG#4H*,7907,%##

#

!

#

&+3,# 5P30# 7*4',# JGA>C!# DM# ,(07# ,*73/,# 40# 1*+*43# 3'=9*0># BG>L"# D# <*<407# 40#1*+*43#'3'9+>#?(3'-4079:4#/+4</#47#A!>GO#D##40#1*+*43#?/'*3'=9*0%##

!

#

#

#

! !O#

=,82(1)2*1,$!>A@!

Z9*7# *07/'4,,907># ?+3,# 54# +9# 1(*7*/# J"B>GL# DM# 54,# /?9':0907,# ,(+*59*'4,#9N907# '/?(053# 93# 234,7*(009*'4# 04# ,(07# ?9,# ('*:*09*'4,# 54# +9# '/:*(0#$3<4':04#47# *+,#,4#,(07# *0,79++/,#19E('*79*'41407#590,# +4#5/?9'741407#53#&3N.54.ST14># -4# 23*# ,P4H?+*234# ?9'# +P977'9-7*<*7/# 5P30# ?T+4# 3'=9*0#,*:0*)*-97*)>#?'/)4-73'4#53#5/?9'741407#53#&3N.54.ST14#47#-;4).+*43#54#+9#'/:*(0#5[$3<4':04>#U+4'1(07.Z4''905%#

#

#

\(3,#'47'(3<(0,#304#'/?9'7*7*(0#53#7N?4#54#74''*7(*'4#5P('*:*04#,*1*+9*'4#I#-4++4#

53#7N?4#54#74''*7(*'4#54#<*4#9-734++4%#]04#19E('*7/#54,#402367/,#,(07#*,,3,#53#

1*+*43# 3'=9*0# JGF>"!# DM># LO>G"# D# 53# 1*+*43# '3'9+# 47# A!>GO# D# 53# 1*+*43#

?/'*3'=9*0%##

#

#

!

! OK#

=,82(1)2*1,$!>B@!

#

Y43+41407# AG# ?4',(004,# ,3'# AB!# ,(07# ('*:*09*'4,# 53# +*43# (^# 4++4,# <*<407# 9-734++41407># +4,# /?9':0907,# ,(+*59*'4,# (07# 5(0-# -(003# 19E('*79*'41407# 54,#

1(=*+*7/,#:/(:'9?;*234,%#]0#?43#?+3,#54# +9#1(*7*/#54# +P/-;907*++(0#<*407#5P304#937'4#'/:*(0#54#Z'90-4#1/7'(?(+*79*04#JC!#?4',(004,M>#-4,#?4',(004,#,(07#

?(3'#+9#?+3?9'7#*0,79++/4,#590,#+4#5/?9'741407#53#&3N.54.ST14>#GL#/?9':0907,#,(+*59*'4,#,(07#23907#I#43H#('*:*09*'4,#54#+9#'/:*(0#$3<4':04>#19*,#04#<*<407#

?9,#I#+P405'(*7#(^#*+,#(07#:'905*>#*+,#,(07#*0,79++/,#590,#+4#&3N.54.ST14#JBGM%#

Tableau croisé « D'où êtes-vous originaire ? / Où habitez-vous actuellement ?

# _^#;9=*74`.<(3,#a# Q(79+#

C((1#%!>DB@! E'FG6#GHI5#!>JB@!

K2$*2(!>?L@! M2'*#G=,1%#!>NB@! C'*%#! #

S[(^#674,.<(3,#('*:*09*'4#a#

H'!(1#'!,O!P#!+1)!28*'#((#5#$*!

A# AL# K# A# K# AG#

Q;.1,$!C'+#%.$#! B# BG# L# K# B# GL#

C'*%#!%;.1,$!6#!R%2$8#!5;*%,3,(1*21$#!

G# FG# C# B# K# C!#

C'*%#! K# G# K# K# K# G#

Q(79+# !# AAG# O# G# B# AB!#

!

!

!

! OA#

!

=,82(1)2*1,$!>N@!

#

Y3'# +4,# GB# ?4',(004,# <40907# 5P30#1*+*43# '3'9+># AF# ,(07# '4,7/4,# 590,# 30# 74''*7(*'4# '3'9+># A"# <*<407# 19*0740907# 40# <*++4# 47# AL# 40#1*+*43# ?/'*3'=9*0># 304#

'/?9'7*7*(0# /23*+*='/4%# U4# 23*# 4,7# ?+3,# /7(00907# -P4,7# 234# ,3'# F!# ?4',(004,# *,,34,# 5P30#1*+*43# 3'=9*0># L"# ,4# ,(07# *0,79++/4,# 40#1*+*43# '3'9+># 30# '/,3+797#

*1?('7907>#,(07.4++4,#*,,34,#54,#1(3<41407,#0/(.'3'93H#54,#900/4,#AO!K#a#BF#,(07#'4,7/4,#40#<*++4#47#,43+41407#C#,4#,(07#*0,79++/4,#40#1*+*43#?/'*3'=9*0%#

84,#?/'*3'=9*0,#,(07#'/?9'7*,#54#)9b(0#/23*+*='/4#407'4#+4,#7'(*,#7N?4,#54#74''*7(*'4,%##

!

##

92:(#2'!8%,1);!S,')!T*#)!,%1.1$21%#!U!V!S,')!+1+#W!U#

#

# c(3,#<*<4`#d# Q(79+#

e*+*43#'3'9+# e*+*43#3'=9*0# e*+*43#?/'*3'=9*0#

c(3,#674,#('*:*09*'4#d#

e*+*43#'3'9+# AF# A"# AL# GB#

e*+*43#3'=9*0# L"# BF# C# F!#

e*+*43#?/'*3'=9*0# O# AK# !# LC#

Q(79+# "K# FA# LC# AB!#

#

!

! OL#

!

E%2*1X'#)!%#(1.1#')#)!!

89#1(*7*/#54,#402367/,#(07#5/-+9'/#04#?9,#67'4#-'(N907#(3#?'97*23907>#30#

:'905#239'7#9#23907#I#+3*#'/?(053#?(,*7*<41407#I#+9#234,7*(0#47#30#54'0*4'#

239'7#0P9#?9,#,(3;9*7/#,4#?'(0(0-4'%#89#?'(?('7*(0#5P*05*<*53,#-'(N907,#47#

f#(3#?'97*23907,#4,7# -(''/+/4#I# +Pg:4#54,#402367/,># 9*0,*# -;4`# +4,#A"# .#G"#

90,# +9# ?9'7# 54,# /?9':0907,# -'(N907,# 47# f# (3# ?'97*23907,# 4,7# 239,*1407#

03++4># #7905*,#234#+4,#-;*))'4,#,P/23*+*='407# +(',234#+P(0#(=,4'<4# +4,#937'4,#

-97/:('*4,#5Pg:4,%#

#

Y31$1,$!3,(1*1X'#!

84,# '/,3+797,# -(0-4'0907# +9# ,40,*=*+*7/# ?(+*7*234# 54,# /?9':0907,# ,(+*59*'4,#

,(07#/+(23407,%#V+,#?4'1477407#5P(=,4'<4'#30#)('7#90-'9:4#I#:93-;4>#9*0,*#+4,#

543H# /-;4+(0,# +4,# ?+3,# I# :93-;4#(07# '41?('7/# I# 43H# ,43+,# CA>!B# 54,# <(*H>#

7905*,# 234# +P/-;4+(0# "># +4# ?+3,# I# 5'(*74# 0P40# 9# '41?('7/# 93-304%# U4774#

740590-4#19'234#+P95/2397*(0#407'4#54,#<9+43',#?('7/4,#?9'#+4,#-(3'907,#54#

:93-;4#d# ,(+*59'*7/># '45*,7'*=37*(0># ,(-*9+# 47# +4,# <9+43',# )(0597'*-4,# 54# +9#

)*090-4#,(+*59*'4%#

!

! OB#

!

01*'2*1,$!41$2$81Z%#!>?@!

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

!

#

Y*# +4,#'4<403,#047,#140,34+,#?9'#)(N4'#'4,7407#1(N40,># +4,#h#54,#402367/,#5*,407# 04# ?9,# -(009i7'4# 54# 5*))*-3+7/,# )*090-*@'4,# 47# A"# D# 54,# 5*))*-3+7/,#)*090-*@'4,#?(0-734++4,>#-4#23*#04#+4,#41?6-;407#?9,#5P67'4#54,#/?9':0907,#,(+*59*'4,%# ]04# 7'@,# ?47*74# 1*0('*7/# 5*7# -(009i7'4# =493-(3?# 54# 5*))*-3+7/,#)*090-*@'4,%##

#

#

!

! OG#

01*'2*1,$!41$2$81Z%#!>A@!

V+#4,7#?(,,*=+4#54#?(,4'# +P;N?(7;@,4#234#+4,#/?9':0907,#,(+*59*'4,#23*#,4#,*73407#590,#+4,#7'90-;4,#54#'4,,(3'-4,#140,34++4,#04774,# +4,#?+3,#=9,,4,#)9,,407#

?9'7*4#54,#/?9':0907,#+4,#?+3,#E4304,#(3#+4,#?+3,#g:/,%#84,#?+3,#E4304,>#+4,#1(*0,#54#B"#90,#9N907#1(*0,#5P4H?/'*40-4#47#54,#,9+9*'4,#1(*0,#/+4</,>#47#+4,#?+3,#

54#"F#90,#/7907#40#?'/'47'9*74#(3#I#+9#'47'9*74%#8(',234#0(3,#-'(*,(0,#-4,#543H#<9'*9=+4,#Jg:4#47#'4,,(3'-4,#140,34++4,#?9'#)(N4'M>#+9#7(79+*7/#54,#1(*0,#54#L"#

90,# 47# +9#1(*7*/# 54,#1(*0,# 54# B"# 90,# (07# 40# 4))47#1(*0,# 54# LKKK# 43'(,# ?9'#1(*,>#19*,# 590,# 0(7'4# /-;907*++(0># *+# 4,7# 5*))*-*+4# 54# -(0-+3'4# 234# -4,# 543H#

<9'*9=+4,#,(07#-(''/+/4,>#?3*,234#0(3,#'47'(3<(0,#93,,*#54,#:40,#54#7(374,#+4,#-97/:('*4,#5Pg:4>#47#?9,#)('-/1407#30#?(3'-4079:4#?+3,#/+4</#-;4`#+4,#?+3,#

g:/,%#

!92:(#2'!8%,1);!&'#(!#)*!+,*%#!-.#!/!<!H2$)!X'#((#!*%2$8[#!)#!)1*'#$*!(#)!%#)),'%8#)!5#$)'#((#)!$#**#)!6#!+,*%#!4,F#%!/#

#

# S90,#234++4#7'90-;4#,4#,*73407#+4,#'4,,(3'-4,#140,34++4,#04774,#54#<(7'4#)(N4'#a# Q(79+#

e(*0,#54#

AKKK#

43'(,#

X07'4#AKKK#

47#LKKK#

43'(,#

X07'4#LKKK#47#

BKKK#43'(,#

X07'4#BKKK#47#

GKKK#43'(,#

X07'4#GKKK#47#

"KKK#43'(,#

&+3,#54#"KKK#

43'(,#

$37'4#

j34+#4,7#

<(7'4#g:4#a#

A"#.#L"#90,# A# A# K# K# K# K# K# L#

LF#.#B"#90,# K# F# G# G# A# A# A# AC#

BF#.#G"#90,# L# G# L# "# "# L# A# LA#

GF#.#""#90,# K# "# G# "# C# L# B# LF#

"F#.#F"#90,# A# G# AG# AA# !# "# L# G"#

FF#47#?+3,# L# B# AL# "# B# A# A# LC#

Q(79+# F# LB# BF# BK# LG# AA# !# AB!#

! O"#

#01*'2*1,$!41$2$81Z%#!>B@!

&3*,234#+9#-(1?9'9*,(0#54,#'4,,(3'-4,#9<4-#+4,#-97/:('*4,#5Pg:4,#0P9#?9,#-(0)*'1/#0(7'4#;N?(7;@,4>#0(3,#0(3,#,(114,#*07/'4,,/,#I#+9#,*7397*(0#?4',(004++4#

54,#402367/,>#9)*0#54#</'*)*4'#,*#+4,#7'90-;4,#54#'4,,(3'-4,#+4,#?+3,#=9,,4,#-(''4,?(059*407#I#54,#?4',(004,#<*<907#,43+4,#9<4-#(3#,90,#40)907%#84,#-;*))'4,#+4#

-(0)*'1407>#+4,#?4',(004,#9N907#1(*0,#54#AKKK#43'(,#?9'#1(*,#<*<407#,43+4,#47#?'4,234#30#7*4',#5*,?(,4#5P407'4#AKKK#47#LKKK#43'(,%#Q905*,#234#+9#:'9054#

19E('*7/#54,#/?9':0907,#,(+*59*'4,#<*<907#40#-(3?+4#(07#?+3,#54#LKKK#43'(,#?9'#1(*,%#

92:(#2'!8%,1);!M2:1*#WG+,')!/!V!H2$)!X'#((#!*%2$8[#!)#!)1*'#$*!(#)!%#)),'%8#)!5#$)'#((#)!$#**#)!6#!+,*%#!4,F#%!/#X))4-7*)#

# S90,#234++4#7'90-;4#,4#,*73407#+4,#'4,,(3'-4,#140,34++4,#04774,#54#<(7'4#)(N4'#a# Q(79+#

e(*0,#54#

AKKK#43'(,#

X07'4#AKKK#47#

LKKK#43'(,#

X07'4#LKKK#47#

BKKK#43'(,#

X07'4#BKKK#47#

GKKK#43'(,#

X07'4#GKKK#47#

"KKK#43'(,#

&+3,#54#

"KKK#43'(,#

$37'4#

k9=*74`.

<(3,#a#

Y43+.4#,90,#40)907# "# C# AL# F# A# L# K# BB#

Y43+.4#9<4-#40)907J,M# A# B# L# A# K# K# K# C#

X0#-(3?+4#,90,#40)907,# K# B# AF# A"# AB# B# "# ""#

X0#-(3?+4#9<4-#40)907J,M# K# C# "# !# AK# F# B# BO#

X0#-(+(-97*(0# K# A# K# K# K# K# K# A#

U;4`#30#?'(-;4# K# L# K# K# K# K# K# L#

Q(79+# F# LB# B"# BK# LG# AA# !# ABC#

#

! OF#

#

\1+#2'!67;*'6#!!

$37'4#-9'9-7/'*,7*234#54# +P/-;907*++(0># +4,#/?9':0907,#,(+*59*'4,#40#$3<4':04#(07#30#0*<493#5P/7354#/+4</>#239,*1407# +9#1(*7*/#54,#A"K#?4',(004,#(07#30#

0*<493#=9-#l#"#(3#=9-#l!%#Y43+41407#BD#0P(07#93-30#5*?+T14%##

#

!

! OC#

!

K2*;.,%1#)!),81,G3%,4#))1,$$#((#)##89# -97/:('*4# ,(-*(.?'()4,,*(004++4# 54,# 402367/,# -(''4,?(05# I# +43'# 0*<493#5P/7354># 9*0,*# GK# D# (07# 5/-+9'/# 9??9'740*'# I# +9# -97/:('*4# m#U95'4# 47#?'()4,,*(0,# *074++4-734++4,# ,3?/'*43',># LB# D# ?(3'# +4,# ?'()4,,*(0,#*074'1/5*9*'4,># +4,# 937'4,# -97/:('*4,# -(0,7*73907# +4# '4,74# 54,# /?9':0907,#,(+*59*'4,%##

!

!

8(',234# 0(3,# '4:9'5(0,# +9# ,*7397*(0# ?'()4,,*(004++4# 9-734++4# 54,#'/?(05907,# 93# 234,7*(009*'4># 543H# -97/:('*4,# ?'*1407# ,3'# +4,# 937'4,#d#GF>"!# D# ,(07# ,9+9'*/,# 40# USV# 47# USS# 47# BK>!L# D# ,(07# ?'/'47'9*7/,# (3#'47'9*7/,%# 84,# /?9':0907,# (07# 54,# ,*7397*(0,# ?'()4,,*(004++4,# 234# +P(0#?(3''9*7#239+*)*4'#54#m#,79=+4,#n%!

!

! O!#

o%#&'()*+#5P/?9':0907,#,(+*59*'4,#!Q;32%*1*1,$)!6#)!#$X'T*;)!

84,# '/,3+797,# 53# 234,7*(009*'4># 1(07'4# 304# '/?9'7*7*(0#

;9'1(0*43,4# 407'4# +4,# /?9':0907,# QS8# 47# UVW$8XY# 9<4-# GG#

'/?(0,4,# 5P95;/'407,# -*:9+*4',# JBK>AG# DM# # 47# GK# '/?(0,4,#

5P95;/'407,# Q4''4# 54# 8*40,# JLC>GK#DM%# U4'79*0,# ,(07# 40:9:/,#

590,# ?+3,*43',# (':90*,14,># 9*0,*# O# ?4',(004,# JF>AF# DM#

?9'7*-*?407#I#+9#)(*,#93H#UVW$8XY#47#I#Q4''4#54#8*40,>#1*,#I#?9'7#

-4#53(>#LK#D#,(07#95;/'407,#590,#543H#,7'3-73'4,#5P/?9':04#

,(+*59*'4># 40<*'(0# AK# D# ,(07# *0<4,7*4,# 590,# ?+3,# 54# 543H#

,7'3-73'4,#5P/?9':04#,(+*59*'4%#\(3,#'47'(3<(0,#54,#,7'3-73'4,#

23*# 04# )9*,9*407# ?9,# ?9'7*4# 54,# G# -;(*H# )*:3'907# 590,# +4#

234,7*(009*'4#d#

#!"#$%&#' ()$*)%+#># 590,# +4,# 5(19*04,# 54,# /04':*4,#

'40(3<4+9=+4,#p#

,#' -./0' 1)$2&"' 590,# +4# 5(19*04# 54# +P9:'*-3+73'4# 47# 54#

+P*0,4'7*(0#p#

3)4&*)*' #*'356)"&76## 590,# +4#5(19*04#54# +9# +3774# -(07'4# +4#

19+#+(:41407#p#

8.9.#590,#-4+3*#54#+9#,(+*59'*7/#*074'097*(09+4#p#

(3# 40-('4# +4# :$+2&*' ;5*5#,# 23*# ?'(?(,4# -4'79*0,# ?'(53*7,#5P/?9':04#,(+*59*'4%'

!

#

! OO#

];$;+,(2*!

84,# /?9':0907,# ,(+*59*'4,# 0P4H4'-407# ?9,# ?(3'# +9# :'9054#

19E('*7/# 5P9-7*<*7/# =/0/<(+4# I# +9# \XZ># 93# U'/5*7#

U((?/'97*)#(3#I#Q4''4#54#+*40,%#Y43+,# +4,#-*:9+*4',#,4#,(07#

40:9:/,#=/0/<(+41407>#-4-*#,P4H?+*234#?9'#+4#)9*7#23P304#

)(*,# 23P30# -+3=# 54<*407# 95;/'407# 54# +P$,,(-*97*(0#

q/:*(09+4# 54,# UVW$8XY# 5P$3<4':04># *+,# ,P40:9:407# I#

?9'7*-*?4'# =/0/<(+41407# 93# 5/<4+(??41407# 53#

1(3<41407# J9-7*(0,# ?(0-734++4,># -(1130*-97*(0>#

?9'7*-*?97*(0# 93# U(0,4*+# 5P951*0*,7'97*(0M%# U4#

1(3<41407# 4,7# 5P937907# ?+3,# '*-;4# 23P*+# ,P9??3*4# ,3'#

7(374,#+4,#)('-4,#40#?'/,40-4%###

!

!

!

! AKK#

K,$$21))2$8#!6#!(2!41$2$8#!),(1621%#!

!

V+# 4,7# *07/'4,,907# 5P(=,4'<4'# 234# +9# )*090-4# ,(+*59*'4# 0P9# ?9,# 40-('4# 304# :'9054# <*,*=*+*7/># 0(7911407# 590,# +4,# 1/5*9,%# $3# -(07'9*'4># +9# 19E('*7/# 54,#/?9':0907,#,(+*59*'4,#(07#?'*,#-(009*,,90-4#54#+P4H*,740-4#54#-4,#*0*7*97*<4,#,(+*59*'4,#93#,4*0#54#'/,493H#?+3,#)4'1/,#d#+4#-4'-+4#)91*+*9+#(3#91*-9+#JBL>AO#DM>#I#/:9+*7/#9<4-#+4#'/,493#9,,(-*97*)%##

! AKA#

9#53,%2(1*;!!89# 19E('*7/# 54,# -*:9+*4',# -(009*,,9*407# +9# )*090-4# ,(+*59*'4# 54?3*,# ?+3,# 54#7'(*,#90,#J"K#DM>#239,*1407#304#937'4#1(*7*/#JGL#DM#5/-+9'4#,P*07/'4,,4'#I#+9#)*090-4# ,(+*59*'4# 54?3*,# A# I# B# 90,%# 30# 7'@,# )9*=+4# ?(3'-4079:4# 9<9*7# ?'*,#-(009*,,90-4#54#+9#5/19'-;4#590,#+P900/4#40#-(3',%###!

#\(3,#?(3<(0,#'419'234'#234#?(3'#304#?9'7*4#54,#'/?(05907,#*+#N#30#741?,#54#5/-9+9:4#407'4#+4#1(1407#(^#*+,#,4#,(07#*07/'4,,/,#I#+9#)*090-4#,(+*59*'4#47#+4#1(1407#(^#*+,#(07#5/-*5/#54#54<40*'#54,#/?9':0907,#,(+*59*'4,%#V-*#-P4,7#,43+41407#BA#D#54# +P/-;907*++(0#23*#4,7#/?9':0907#54?3*,#?+3,#54#B#90,># +9#1(*7*/#+P4,7#54?3*,#A#I#B#90,#47#A"#D#54#54?3*,#1(*0,#5P90%###

! AKL#

U%#&9'-(3',#5P/?9':0907,#,(+*59*'4,#!

=#)!5,*1+2*1,$)!

]04# ?9'7*4# 53# 234,7*(009*'4# /79*7# -(0,9-'/4# 93H#1(7*<97*(0,# 54,# 402367/,# ?(3'# 54<40*'# /?9':0907,# ,(+*59*'4,%# U4774# 234,7*(0# 0P/79*7# ?9,# (3<4'74># ,4?7#

1(7*<97*(0,# /79*407# ?'(?(,/4,># ?(3'# -;9-304# 5P407'4# 4++4,># +4# '/?(05907# 54<9*7# 0(74'# +9#1(7*<97*(0# ,4+(0# 30# =9'@14# 9++907# 54# A# I# "# JA# ?(3'# 7'@,# ?43#

*1?('7907#47#"#?(3'#7'@,#*1?('7907M%#c(*-*#+4,#'/,3+797,#(=7403,#590,#+43'#('5'4#5P*1?('790-4d#

. E,'%!),'*#$1%!6#)!3%,P#*)!6,$*!P#!32%*2.#!(#)!+2(#'%)!

. E,'%!),'*#$1%!6#)!1$61+16')!62$)!(2!8%;2*1,$!6#!(#'%!3%,P#*#

. E,'%!32%*1813#%!2'!6;+#(,33#5#$*!6#!5,$!*#%%1*,1%##

. E,'%!),'*#$1%!(2!8%;2*1,$!67#53(,1#

. E,'%!)2+,1%!^!X',1!)#%*!5,$!2%.#$*#

. E2%!8'%1,)1*;#

. E2%!1$*;%T*!41)82(!#

&(3'# +4,#/?9':0907,#,(+*59*'4,>#-4#23*#?'*14#9<907#7(37>#-P4,7#54#?(3<(*'#?9'# +4#=*9*,#54#+43'#/?9':04>#<(*'#9=(37*'#54,#?'(E47,#,3'# +4#74''*7(*'4>#54,#?'(E47,#

5(07#*+,#?9'79:407#+4,#<9+43',%#Q(3E(3',#937(3'#54#+9#7;/197*234#54#+9#-'/97*(0#5P9-7*<*7/>#+4,#'/?(05907,#,(07#1(7*</,#?9'#+4#)9*7#54#?(3<(*'#?4'1477'4#I#54,#

?('743',#54#?'(E47>#23*#0P40#(07#?9,#7(3E(3',# +4,#1(N40,>#54#1404'#I#=*40# +43'#?'(E47%#X0)*0#I# +9#7'(*,*@14#?+9-4>#0(3,#'47'(3<(0,# +4#)9*7#54#?9'7*-*?4'#93#

5/<4+(??41407#54#,(0#74''*7(*'4%#84#-;(*H#54#-4,#7'(*,#?'41*@'4,#1(7*<97*(0,#0(3,#'40,4*:04#,3'#+4#)9*7#234#+4,#/?9':0907,#,(+*59*'4,#(07#?(3'#1(7*<97*(0#54#

?9'7*-*?4'#93#5/<4+(??41407#54#+43'#74''*7(*'4#?9'#+4#,(37*40#54#?('743',#54#?'(E47,#47#54#?'(E47,#23*#'4,?4-7407#30#-4'79*0,#0(1='4,#54#<9+43',#?9'79:/4,>#

*+,#,P*++3,7'407#-(114#54,#m#407'4?'4043',#,(-*93H#47#74''*7('*93H#n%#84,#1(7*<97*(0,#?+3,#m#*05*<*539+*,74,#n#9''*<407#40#=9,#54#-+9,,41407>#*+#,41=+4#234#+P(0#

04#54<*407#?9,#/?9':0907,#,(+*59*'4,#?9'#-3'*(,*7/#J-4#23*#<437#5*'4#234#+P(0#,P4,7#93#?'/9+9=+4#=*40#*0)('1/#,3'#+4#,3E47M>#47#40-('4#1(*0,#?9'#1(7*<97*(0,#

)*090-*@'4,%##

! AKB#

#

#

#

#

#

#

#

! AKG#

#

#

#

#

#

! AK"#

#

! AKF#

#

#

#

#

! AKC#

_53(182*1,$!81*,F#$$#!>?@!

!

#

#

#

84,# h# 54,# /?9':0907,# ,(+*59*'4,# /79*407# 5/EI# *1?+*23/,# 9<907# 5P407'4'#

590,#304#,7'3-73'4#54#)*090-4#,(+*59*'4%#U4#'/,3+797#0(3,#'40,4*:04#,3'#+4#

)9*7# 234# +9# )*090-4# ,(+*59*'4# 0P4,7# ?9,# +4# -909+# 54# +P*1?+*-97*(0%# \(3,#

?(3<(0,# ,3??(,4'# 234# +9# -(1?+4H*7/# 54# +9# 5/19'-;4# J741?,># -9?9-*7/#

5P/?9':04M# 47# 304# 1(*0,# =(004# <*,*=*+*7/# 54# +9# )*090-4# ,(+*59*'4>#

0(7911407# 590,# +4,#1/5*9,># )(07# ?9'7*4,# 54,# '9*,(0,# 23*# 4H?+*23407# -4#

?(3'-4079:4%##

&9'1*# +4,# ,7'3-73'4,# 590,# +4,234++4,# +4,# '/?(05907,# /79*407# *1?+*23/,#

9<907#5P67'4#/?9':0907#,(+*59*'4#0(3,#'47'(3<(0,#d#

. 84,#$e$&#p#

. c/+(-*7/#p##

. 8P9--(1?9:041407#54#1(3'907,#p#

. r+3,#130*-*?93H#p#

. $,,(-*97*(0,#40<*'(00414079+4,#p#

. $,,(-*97*(0# *074'097*(09+4# I# <(-97*(0# /53-97*<4# 40# 197*@'4#

5P9??'407*,,9:4#*074'-3+73'4+#$ZY#Jc*<'4#Y90,#Z'(07*@'4M#p#

. 8P91*-9+#+9s234#p#

. $VSXY# J9,,(-*97*(0#54# +3774#-(07'4# +4#cVk#47# +4,#;/?97*74,#<*'9+4,#

47#,(37*40#93H#?4',(004,#-(0-4'0/4,Mp#

. $*54#I#+9#q4-;4'-;4#?(3'#+PX1?+(*#54,#t4304,#p#

. $,,(-*97*(0#5P/53-97*(0#?(?3+9*'4#

#

#

! AK!#

#

_53(182*1,$!81*,F#$$#!>A@!

#

LL# D# 54,# ?4',(004,# 5*,407# ,P67'4# 59<9079:4# *1?+*23/4,# ,3'# +43'#

74''*7(*'4# 93# ,4*0# 54#5P937'4,# (':90*,14,#(3#5P937'4,# 9-7*<*7/,# 54?3*,#

23P*+,# ,(07# /?9':0907,# ,(+*59*'4,%# U4# -;*))'4# 4,7# *1?('7907># ,3'7(37#

+(',234#+P(0#-(0,*5@'4#234#C"#D#54,#:40,#/79*407#5/EI#*1?+*23/,%#V+#4,7#

*07/'4,,907# 54# '419'234'# 234# +4,# ?4',(004,# 23*# (07# 5/-+9'/# ,P67'4#

59<9079:4# *1?+*23/4,# ,3*74# I# +43'# 4H?/'*40-4# 590,# 304# ,7'3-73'4# 54#

)*090-4#,(+*59*'4>#04#,(07#?9,#)('-/1407#234#54,#*05*<*53,#23*#0P/79*407#

?9,# *1?+*23/# 93?9'9<907# JLG# /?9':0907,# 9N907# '/?(053,# (3*# /79*407#

5/EI# *1?+*23/,># !# ?(3'# +4,# -*:9+*4',# 23*# 04# +P/79*407# ?9,M%# &9'1*# +4,#

,7'3-73'4,#590,#+4,234++4,#+4,#'/?(05907,#,4#,(07#*1?+*23/,#9?'@,#67'4#

54<403#/?9':0907#,(+*59*'4#0(3,#'47'(3<(0,#d#

. o/0/<(+4#X119u,#p#

. $-7*<*7/,#?(+*7*234,#m#\(3<4++4#S(004#n#

. $51*0*,7'9743'#93#U$#54#QS8#

. U'/97*(0#5P304#1(009*4#+(-9+4#p#

. $e$&#p#

. $,,(-*97*(0# 54# 5/<4+(??41407# +(-9+# J;9=*797# :'(3?/># -'@-;4#

?9'4079+4#p#

. $,,(-*97*(0#54#-(114'b907,#+(-93H#p#

. $,,(-*97*(0#54,#?9'407,#5P/+@<4#p#

. r+3,#130*-*?93H#

F# ?4',(004,# (07# 5*7# ,P67'4# *07/'4,,/4,# (3# *1?+*23/4,# 590,# +4# -(0,4*+#

130*-*?9+#54#+43'#-(11304#J-(07'4#,43+41407#A#?'/-/5411407M%##

#

! AKO#

`44#*)!6#!(7153(182*1,$!!

#

]04# ?9'7*4# 53# 234,7*(009*'4# /79*7# -(0,9-'/4# 93H# 4))47,# 54# +P*1?+*-97*(0# 590,# 304# ,7'3-73'4# 5P/?9':04# ,(+*59*'4%# U4774# 234,7*(0# 0P/79*7# ?9,# (3<4'74># I# +9#

234,7*(0#d#m#9#<5&7'=5#'>?57'@*#7'+<)$%")"*7'7?,&2)&$#7A'=5B#7*CD#'=5&')'DE)"%+'<?5$'>?57'F'n#-*02#-;(*H#/79*407#?'(?(,/,>#+4#'/?(05907#54<9*7#0(74'#-;9234#

?'(?(,*7*(0#,4+(0#30#=9'@14#9++907#54#A#I#"#JA#?(3'#7'@,#?43#*1?('7907#47#"#?(3'#7'@,#*1?('7907M%#c(*-*#+4,#'/,3+797,#(=7403,#590,#+43'#('5'4#5P*1?('790-4d#

. a721!3%1)!8,$)81#$8#!X'71(!;*21*!3,))1:(#!672.1%!^!5,$!;8[#((#!

. a#!5#!)#$)!3(')!1$+#)*1!62$)!(2!+1#!6#!5,$!*#%%1*,1%#!

. a721!6;8,'+#%*!'$!5,$6#!X'#!P#!$#!8,$$21))21)!32)!

. a#!5#!)'1)!421*!'$!%;)#2'!X'#!P#!$72+21)!32)!2+2$*!

. a721!3'!28X';%1%!6#!$,'+#((#)!8,53;*#$8#)!

!

84,#543H#-;(*H#54#'/?(0,4#23*#9''*<407#40#7674#,(07#+*/,#I#+9#5*140,*(0#74''*7('*9+4#d#m#1)&'<$&7'D?"7D&#"D#'=5B&,'+*)&*'<?77&4,#'2B)%&$'G'6?"'+DE#,,#'H'#*'I'1#'6#'

7#"7' <,57' &">#7*&' 2)"7' ,)' >&#' 2#'6?"' *#$$&*?&$#'n%# 84,# '/,3+797,# -(0)('7407# 0(,# ;N?(7;@,4,># ,4+(0# +4,234++4,#d# +4,# ,7'3-73'4,# 54# )*090-4# ,(+*59*'4# ,(07# 54,#

<4-743',#54#-4#234#+P(0#9??4++4#m#+P/53-97*(0#?(?3+9*'4#n#?9'-4#23P4++4,#5(00407#93H#*05*<*53,#30#(37*++9:4#?4'1477907#5P9--'(i7'4#+43'#m#?(3<(*'#5P9:*'#n#47#

23P4++4,#'40)('-407#+P90-'9:4>#+9#-(0,-*40-4#5P9??9'74090-4#47#+9#-(0,-*40-4#53#?(7407*4+#5P9-7*(0#54,#*05*<*53,#,3'#+43'#74''*7(*'4%##

!

!

!

!

! AAK#

!

!

#

#

#

#

! AAA#

#

#

#

#

#

#

! AAL#

#

#

#

#

],'8[#!^!,%#1((#!

GA# D# 54,# '/?(05907,# 53# 234,7*(009*'4,# 5*,407# 9<(*'# 5/EI# -(0<9*0-3# 93#

1(*0,#304#?4',(004#I#54<40*'#/?9':0907#,(+*59*'4>#-4#-;*))'4#4,7#7'@,#/+4</>#

*+# <*407# -(0)*'14'# +P*5/4# 234# +9# )*090-4# ,(+*59*'4# 4,7# 59<9079:4# -(003# 93#

,4*0#54#'/,493#?+3,#'4,7'4*07#J-4'-+4#?4',(004+>#'/,493#9,,(-*97*)M%##

#

! !!"#

!"#$%&'("#)

#

$%&&%# '()&*%# +,(-&*&(&*.%# -/,0# '%)1%&# 2%# 2)%00%)# ,-# 3#')/4*56&7'%#8# 2%0# 9'():-(-&0# 0/5*2(*)%0# %-#

;,.%):-%<#=%#')/4*5#->%0&#'(0#)%')90%-&(&*4#2%#5(#2*.%)0*&9#2%0#')/4*50#2%0#%-+,?&90<#1(*0#*5#29./*5%#2%0#

&%-2(-=%0#5/,)2%0#@#

A>9'():-(-&#0/5*2(*)%#%-#;,.%):-%#%0&#,-%#4%11%#/,#,-#B/11%<#2%#'5,0#2%#CD#(-0<#.*.(-&#%-#=/,'5%#

0(-0#%-4(-&<#')/')*9&(*)%#2%#0/-#5/:%1%-&<#.*.(-&#%-#1*5*%,#,)E(*-<#2(-0#5%#29'()&%1%-&#2,#F,762%6

GH1%# IJ"K<# ->9&(-&# '(0# /)*:*-(*)%# 2%# 5(# )9:*/-# ;,.%):-%L# A>9'():-(-&%# 0/5*2(*)%# 29=5()%# -%# '(0#

=/--(M&)%#2%#2*44*=,5&90# 4*-(-=*N)%0#%&#(#%-&)%#OPPP#%&#"PPP#%,)/0#2%# )%00/,)=%0#-%&&%0#1%-0,%55%0#

2(-0# 0/-# 4/7%)L#Q/-#-*.%(,#2>9&,2%#%0&#95%.9# IE(=#R#D#/,#E(=#R#SK#%&#%55%#(''()&*%-&#T# 5(# =(&9:/)*%#

0/=*/6')/4%00*/--%55%#2%0#3#=(2)%#%&#')/4%00*/-0# *-&%55%=&,%55%0#0,'9)*%,)0#8<#%55%#%0&#0(5()*9%#%-#$GU#

/,# $GGL# Q(# 0%-0*E*5*&9# 0%# 0*&,%# &)N0# T# :(,=B%<# %&# ->%0&# '(0# =)/7(-&%L# A>9'():-(-&%# 0/5*2(*)%# (# %,#

=/--(*00(-=%#2%# 5>%V*0&%-=%#2%# 5(# 4*-(-=%#0/5*2(*)%#'()# 5%#E*(*0#2,# )90%(,#(00/=*(&*4#/,#2%# 5(# 0'BN)%#

'%)0/--%55%# I4(1*55%# /,# (1*0KL# W55%# '()&*=*'%# (.(-&# &/,&# T# ,-%# 0&),=&,)%# 2>9'():-%# 0/5*2(*)%# '/,)#

0/,&%-*)# 2%0# ')/X%&0# 2/-&# %55%# '()&(:%# 5%0# .(5%,)0L# $%&&%# '%)0/--%# (.(*&# 29XT# ,-%# *1'5*=(&*/-#

=*&/7%--%# (.(-&# 2%# 2%.%-*)# 9'():-(-&%# 0/5*2(*)%# %&# -%# 0>%0&# '(0# 2(.(-&(:%# *1'5*+,9%# 2%',*0L# Q/-#

*1'5*=(&*/-#2(-0#,-#/):(-*01%#2%#4*-(-=%#0/5*2(*)%#5,*#(#'%)1*0#(.(-&#&/,&#2%#0%#)%-2)%#=/1'&%#+,>*5#

9&(*&# '/00*E5%# 2>(:*)# T# 0/-# 9=B%55%<# =%# +,*# =/-4*)1%# 5(# &%))*&/)*(5*&9# 2%# 5(# 291()=B%L# W55%# ->(# '(0#

=/-.(*-=,#2>(,&)%0#'%)0/--%0#2%#2%.%-*)#9'():-(-&#0/5*2(*)%L#

Y/,0#(55/-0#'/,./*)#('')/4/-2*)#=%0#2*449)%-&0#9591%-&0#'()#5>(-(570%#2%0#%-&)%&*%-0L#

#

#

! !!C#

UUL#U1'5*=(&*/-#5/=(5%<#$UZ;AWQ#%&#&%))*&/*)%0###

# [-%#'B(0%#+,(-&*&(&*.%#%0&#-9=%00(*)%#T#,-#&)(.(*5#%-#0=*%-=%0#0/=*(5%0<#%55%#'%)1%&#2>/'9)%)#

,-%# ),'&,)%# (.%=# 5%# 0%-0# =/11,-# %-# ('')9=*(-&# 5%# =()(=&N)%# 0*:-*4*=(&*4<# /,# -/-<# 2>,-# 4(*&# 0/=*(5L##

;*-0*<# 5>%-+,?&%# 0&(&*0&*+,%# (''/)&%# 2%0# 9591%-&0# 2%# )9'/-0%# %-# 29:(:%(-&# 2%0# 4(=&%,)0# 0/=*(,V#

%V'5*=(&*40# 2>,-%# )9(5*&9# 0/=*(5%L# A%0# )90,5&(&0# 2%# 5>%-+,?&%# %-# 5*:-%# /-&# =/-&)*E,9# T# 29./*5%)# ,-#

3#')/4*5# =*:(5*%)#8# =/1'/)&(-&# 2%0# =()(=&9)*0&*+,%0# 0/=*/69=/-/1*+,%0# 0'9=*4*+,%0L# $%&# 9=B(-&*55/-#

+,(-&*4*9# (# '%)1*0# 2>(1/)=%)# 5(# =/-0&),=&*/-# 2%# 5*:-%0# 0&),=&,)(-&%0L# \/,&%4/*0<# 5>('')/=B%#

+,(-&*&(&*.%#=/1'/)&%#0%0#')/')%0# 5*1*&%0#%-#)%-0%*:-(-&#0/-#,&*5*0(&%,)#0,)#,-#'5,0#:)(-2#-/1E)%#

2>*-2*.*2,0<# (,:1%-&(-&# 5%# '/,)=%-&(:%# 2%# =(0# .9)*4*(E5%0<# 1(*0# %-# -%# '%)1%&&(-&# '(0# 2>%-&)%)#

)9%55%1%-&# 2(-0# 5>(-(570%# 2,# 0%-0# .9=,# %&# *-2*.*2,%5# 2%0# ')(&*+,%0# %&# 2%0# %V'9)*%-=%0# 0/=*(5%0#

I$()2/-<#G%0(-&*<#OPP]KL#A%#+,%0&*/--(*)%<#%0&#'()#0(#4/)1%<#0/,.%-&#)9(5*09#0,)#,-#&%1'0#=/,)&<#(.%=#

,-%#E(&&%)*%#2%#+,%0&*/-0<#29&%)1*-(-&#/,# *-45,%-^(-&# 5%0# )9'/-0%0L#Q*# *5#-/,0#/44)%#,-# )%:()2#'5,0#

/EX%=&*4<#*5#(--*B*5%#5(#')/4/-2%,)#2,#2*0=/,)0#%&#5(#0,EX%=&*.*&9#2%0#0,X%&0L##

$%&&%#'()&*%#'5,0#+,(5*&(&*.%<#0>(&&(=B%#T#('')/4/-2*)#5%0#')%1*%)0#)90,5&(&0#/E&%-,0#(.%=#5%0#

+,%0&*/--(*)%0<#T#'()&*)#2>,-%#(-(570%#2%0#+,(&/)_%#%-&)%&*%-0#)9(5*090#(,')N0#2>9'():-(-&0#0/5*2(*)%0#

=*:(5*%)0# (''()&%-(-&# T# +,(&)%# =5,E0# $UZ;AWQ# 2*449)%-&0<# 0,)# 5%# &%))*&/*)%# ;,.%):-(&L# A>(-(570%#

+,(5*&(&*.%#2%0#2*0=/,)0#%&#2%0#)%')90%-&(&*/-0#0/=*(5%0#2%0#%-+,?&90#=/1'/)&%#&)/*0#(V%0#')*-=*'(,VL##

# U5# 0>(:*)(# 2(-0# ,-# ')%1*%)# &%1'0# 2%# )%.%-*)# 0,)# 5%# '()=/,)0# E*/:)('B*+,%# 2%0# =*:(5*%)0<# ,-#

)%:()2#0,)# 5%#'(009#(4*-#2%#1*%,V#=/1')%-2)%#+,%50#0/-&# 5%0#9591%-&0#%V&9)*%,)0#(,V#%-+,?&90#+,*#

/-&# ',# 4(=*5*&%)# 5%# 4(*&# 2%# =B/*0*)# 2>%-&)%)# 2(-0# ,-# =5,E# $UZ;AWQL# U5# 0>(:*)(# *=*# 2%# )%.%-*)# 0,)# 5%,)#

%-.*)/--%1%-&# 4(1*5*(5<# 5%,)0# 9&,2%0<# 5%,)0# =())*N)%0# ')/4%00*/--%55%0# %&# 5%# =/-&%V&%# B*0&/)*+,%# %&#

'/5*&*+,%# 2(-0# 5%+,%5# *50# /-&# 9./5,9<# (4*-# 2%# 1*%,V# =/1')%-2)%# 5%,)# 0%-0*E*5*&9# T# 5>*1'5*=(&*/-#

=*&/7%--%#%&#(,V#.(5%,)0#'/)&9%0#'()#,-%#0&),=&,)%#2%#5(#4*-(-=%#0/5*2(*)%L#

U5#=/-.*%-2)(#2(-0#,-#0%=/-2#&%1'0#2>%-&)%)#2(-0# 5%#.*4#2,#0,X%&#@# 5>%V'9)*%-=%#$UZ;AWQL#G(.(-&(:%#

2>*1'/)&(-=%#0%)(#'/)&9%#(,V#*-2*.*2,(5*&90#2%0#'()=/,)0#%&#2%0#=B/*VL#F/,)#=%5(#-/,0#)%.*%-2)/-0#0,)#

5%,)0#'()=/,)0# )%0'%=&*40#2%# 5>*1'5*=(&*/-<# (4*-#2%# 0(./*)# T#+,%5#1/1%-&# *-&%).*%--%-&# 5%0#$UZ;AWQL#

[-%#(-(570%#2%0#9591%-&0#29=5%-=B%,)0#%&#2%0#1/&*.(&*/-0#/EX%=&*.%0#(.(-=9%0#'()# 5%0#'%)0/--%0<#

'/,)# 0>*1'5*+,%)#2(-0# 5%# =5,E#2>*-.%0&*00%,)0# 0%)(# 4(*&%L#`#'()&*)#2%# =%0#2*449)%-&%0#2/--9%0<# *5# 0%)(#

'/00*E5%#2>*2%-&*4*%)#2%0#3#')/4*50#&7'%#8#2%#=*:(5*%)0L##

W-4*-<#2(-0#,-# &)/*0*N1%#&%1'0<# 0/--%)(# 5>B%,)%#2,#E*5(-L#a,%50#0/-&# 5%0#(''/)&0#2>,-#%-:(:%1%-&#

=*:(5*%)##0,)#,-#*-2*.*2,<#1(*0#0,)&/,&#%0&6=%#+,%#5(#4*-(-=%#0/5*2(*)%#%&#'()&*=*'(&*.%#%0&#,-#5%.*%)#'/,)#

! !!D#

'5,0# 2%# '/,./*)# 2>(:*)# %&# 2>*1'5*=(&*/-# 5/=(5%#b# A%0# 9'():-(-&0# 0/5*2(*)%0# /-&6*50# %,# 2%# -/,.%55%0#

*1'5*=(&*/-0#0,*&%#T# 5%,)#B*0&/*)%#=*:(5*N)%<# 0*#/,*#+,%55%0# 0/-&6%55%0#b#a,%5# )(''/)&#%-&)%&*%--%-&# 5%0#

=*:(5*%)0#(.%=# 5%,)#&%))*&/*)%#@#/-&6*50#=/-0=*%-=%#2%#4(*)%#'()&*%#2>,-#&%))*&/*)%#2/--9<#0/-&6*50#(-=)90#

0,)#5%,)#&%))*&/*)%#%&#2%#+,%55%0#4(^/-0<#+,%50#0/-&#5%0#*1'(=&0#&%))*&/)*(,V#2%0#$UZ;AWQ<#%0&6*5#'/00*E5%#

2%# 2*)%# +,%# 5%0# 9'():-(-&0# 0/5*2(*)%0# 0/-&# 2%0# (=&%,)0# 2>,-# 29.%5/''%1%-&# &%))*&/)*(5# 2,)(E5%#b#

! !!J#

#

;L G%.%-*)#9'():-(-&#0/5*2(*)%<#,-#')/=%00,0#=/-0&),*&#@#5%0#4(=*5*&(&%,)0#2%#5>*1'5*=(&*/-#=*:(5*N)%#

#

# W-# 0/=*/5/:*%<# *5# ->%0&# '(0# )()%# 2>%-&%-2)%# '()5%)# 2%# 2%,V# '()(2*:1%0#@# 5%# B/5*01%# %&#

5>*-2*.*2,(5*01%#19&B/2/5/:*+,%L#$%#&(-2%1#&B9/)*+,%#)%-./*%#T#2%,V#=/-=%'&*/-0#2%#5>*-2*.*2,<#%&#

'5,0# ')9=*091%-&# T# 2%,V# =/-=%'&*/-0# 2%# 5>*2%-&*&9# 0/=*(5%L# A%# ')%1*%)<# 4(*&# 2%# 5(# 0/=*9&9# ,-# (=&%,)#

=%-&)(5<#%-#'5(^(-&#5>*-2*.*2,#(,#=%-&)%#2%#1,5&*'5%0#29&%)1*-(-&0#0/=*(,V<#5*90#T#0/-#(''()&%-(-=%#T#

'5,0*%,)0# =(&9:/)*%0# 0/=*(5%0# I:%-)%<# c:%<# :9-9)(&*/-<# %&B-*%<# =(&9:/)*%# 0/=*/')/4%00*/--%55%K#

IY*=/,)2<#OPPSKL#$%#+,*#0,''/0%<#0%5/-#5(#4/)1,5%#2>WL#G,)dB%*1<#2>%V'5*+,%)#5%#0/=*(5#'()#5%#0/=*(5#%&#

-/-# '()# 5>*-2*.*2,%5# /,# 5%# '07=B/5/:*+,%<# 5%0# *-2*.*2,0# *-&9)*/)*0(-&# 2%0#1/2%0# 2%# =/1'/)&%1%-&<#

')/')%0#T#5%,)0#:)/,'%0#0/=*(,V#%&#0,0=%'&*E5%0#2>?&)%#)9(=&*.*&90#0%5/-#5%0#0*&,(&*/-0#IA(B*)%<#!eeSKL#

A%#0%=/-2<#+,(-&#T#5,*<#2/--%#T#5>*-2*.*2,#2(.(-&(:%#2%#5*E)%#()E*&)%L#A>*-2*.*2,<#294*-*#=/11%#,-#?&)%#

)(&*/--%5<#%0&#%-#=('(=*&9#2%#4(*)%#2%0#=B/*V#'%)0/--%50#'/,)#(&&%*-2)%#5%0#E,&0#+,>*5#0>%0&#4*V9#2(-0#,-#

%-.*)/--%1%-&#2/--9<# =/11%# 5%# 0/,5*:-%#Q(-2)*-%#Y*=/,)2<#3#!"# $%&'()%# &'(&%*+,'(#"&&'-)%#.(%#

,/*'-+"(&%# $,(0.1,2-%# ".3# *-'&%$$.$# )4"55",61,$$%/%(+# )%$# ,($+,+.+,'($7# %(# &'($+"+"(+# .(#

"$$'.*1,$$%/%(+# )%$# &'(+-",(+%$# $'&,"1%$7# )%$# 5'-/%$# )4%(&")-%/%(+7# %+# .(%# 8/"(&,*"+,'(# )%#

14,(),9,).#:#1480"-)#)%$#-%1"+,'($#)%#)8*%()"(&%;#!4,(),9,).#),$*'$%-",+7#)"($#&%++%#*%-$*%&+,9%7#)4.(%#

('.9%11%#".+'('/,%#*'.-#&'/*'$%-#$'(#,)%(+,+8#8D!L#

# `#5(#4)/-&*N)%#%-&)%#=%0#2%,V#-/&*/-0<#*5#%0&#'/00*E5%#2%#'%-0%)#+,%#5>*1'5*=(&*/-#=*&/7%--%#%0&#

5(# )90,5&(-&%# %-&)%# 2>,-%# '()&# ,-%# &)(X%=&/*)%# E*/:)('B*+,%# %&# 2>(,&)%# '()&# ,-# =(2)%# =/55%=&*4# 2(-0#

5(+,%55%#%55%#0%#=/-0&),*&# If(.()2#G,=5/0<#Y*=/,)2<#OPPDKL#Q%5/-#=%&&%#&B9/)*%<# 5%0# 4,&,)0#9'():-(-&0#

0/5*2(*)%0# -%# 5%# 2%.*%--%-&# '(0# '()# ,-%# 0%,5%# ./5/-&9# *-2*.*2,%55%<# 3#,1$# )',9%(+# +-'.9%-# '<# %+#

&'//%(+#$4,(&"-(%-#)"($#)%$#$+-.&+.-%$#*-8&,$%$#*'.-#)'((%-#%55%&+,9%/%(+#1,%.#:#)%$#*-"+,=.%$#8DOL#

;*-0*<# =%0# *-2*.*2,0# (,)(*%-&# *-&9:)9# (,# =/,)0# 2%# 5%,)# 0/=*(5*0(&*/-# ')*1(*)%# %&g/,# 0%=/-2(*)%# 2%0#

')92*0'/0*&*/-0# 2(-0# 5%# 4(*&# 2%# 0>*1'5*+,%)# ,-# X/,)L# h(*0# =%0# 2*0'/0*&*/-0# 0%,5%0<# ->%V'5*+,%-&# '(0#

5>*1'5*=(&*/-<# -*# 0(# '9)%--*&9# 2(-0# 5(# 2,)9%L# Q%5/-# Q(-2)*-%# Y*=/,)2<# 3#&%$# ),$*'$,+,'($# )',9%(+#

$4"**.>%-7# $48+">%-# $.-# )%$# '-0"(,$"+,'($7# &4%$+?:?),-%# $.-# .(# %($%/61%# )%# -%1"+,'($# $'&,"1%$# %+# )%#

-201%$#$+-.&+.-%11%$#=.,#5"6-,=.%(+#.(%#$81%&+,'(#$'&,"1%;#!%$#,(),9,).$#9,9%(+#1%$#%55%+$#)%#1"#$+-.&+.-%#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!D!#Y*=/,)2#Q(-2)*-%<#3#a,*#0>%-:(:%#(,X/,)2>B,*#b#8<#U-4/)1(&*/-0#0/=*(5%0#!gOPPS#I-i!CDK<#'L!PO6!!!<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6!DK<#[jA#@#www.cairn.info/revue-informations-sociales-2008-1-page-102.htm.#DO#UE*2##

! !!]#

$'&,"1%#8L#A>%-+,?&%#'()#+,%0&*/--(*)%#(#'%)1*0#2>*2%-&*4*%)#=%)&(*-%0#)9:,5()*&90#2(-0#5%0#')/4*50#2%0#

*-2*.*2,0# +,*# 0>%-:(:%-&# 2(-0# ,-# 070&N1%# 2>9'():-%# 0/5*2(*)%<# *=*# *5# 0>(:*&# 2>(44*-%)# =%0# ')%1*%)0#

9591%-&0#2>(-(570%<#(,#)%:()2#2%0#%-&)%&*%-0#)9(5*090L##

#

!"#$%"&'#$("$)*+&')+,-%+./$,+%.0"//"$

#

G9=*2%)#2%# 0>*1'5*+,%)#E9-9./5%1%-&#2(-0#,-#/):(-*01%<#-%# 0%# 4(*&#'(0#2,# X/,)# (,# 5%-2%1(*-L#;,#

=/-&)(*)%<#=>%0&#5%#)90,5&(&#2>,-#')/=%00,0<#=/-0&),*&#2(-0#5%#&%1'0#%&#=%)&(*-0#=*:(5*%)0#/-&#2>(*55%,)0#

4(*&#)949)%-=%#T#=%&&%#*29%@#@#"*-2$7#'(#-8518&A,+#*"$#:#+'.+7#/",$#'(#9"#)"($#.(#$%($#)"($#1"#9,%#=.,#5",+#

=.%#&4%$+#*"$#.(#A"$"-)#$,#B4")A2-%#:#&%#*-'B%+#)%$#CDEF!GH7#&4%$+#)%$#8+"*%$#*%+,+#:#*%+,+#=.,#5'(+#=.%7#

9',1:#1%$#CDEF!GH#$%#*-8$%(+%(+7#I"#/%#&'--%$*'()7#"*-2$#B%#(4",#*"$#9-",/%(+#-8518&A,#:#+'.+#I"7#&4%$+#

.(#&A%/,(7#+'.B'.-$#)"($#&%++%#,)8%#)%#$'1,)"-,+87#)%#-%(&'(+-%#"9%&#1%$#".+-%$7#"*-2$#&4%$+#),55,&,1%#:#

)85,(,-7#&4%$+#.(#&A%/,(#=.',#J# I'L]# 6#%-&)%&*%-#SKL# U5#%0&# *1'/)&(-&#'/,)#E*%-#=/1')%-2)%#=/11%-&#

5>/-#2%.*%-&#=*:(5*%)<#2>/'9)%)#,-#)%&/,)#%-#())*N)%#(4*-#2>('')9B%-2%)#5%0#19=(-*01%0#+,*#/-&#*-2,*&#

5%0#=/-2*&*/-0#4(./)(E5%0#T#5>*1'5*=(&*/-L#W-#0/=*/5/:*%<#=>%0&#=%#+,%#5>/-#(''%55%#3#5(#0/=*(5*0(&*/-#8<#5%#

')/=929#(,#=/,)0#2,+,%5#,-#*-2*.*2,#('')%-2#%&#*-&9)*/)*0%#2%0#-/)1%0#%&#2%0#.(5%,)0<#%&#=%<#&/,&#(,#

5/-:# 2%# 0(# .*%<# 2(-0# 5(# 0/=*9&9# T# 5(+,%55%# *5# (''()&*%-&<# 5,*# '%)1%&&(-&# 2%# =/-0&),*)%# 0/-# *2%-&*&9#

0/=*(5%L#F/,)#h,)*%5#G()1/-<#5(#-/&*/-#2%#0/=*(5*0(&*/-#@#

#3#&4%$+# 14%($%/61%# )%$# *-'&%$$.$# *"-# 1%$=.%1$# 14,(),9,).# %$+# &'($+-.,+7# '(# ),-"# ".$$,# ?# @#5'-/8#J7#

@#/')%18#J7#@#5"I'((8#J7#'(#),-"#".$$,#@#5"6-,=.8#J7#@#&'(),+,'((8#J#?#*"-# 1"#$'&,8+8#01'6"1%#%+# 1'&"1%#

)"($# 1"=.%11%# ,1# 9,+7# *-'&%$$.$# ".# &'.-$# )%$=.%1$# 14,(),9,).# "&=.,%-+# K# L"**-%()#J7# @#,(+8-,'-,$%#J7#

@#,(&'-*'-%#J7# @#,(+20-%#J# ?# )%$# 5"I'($# )%# 5",-%7# )%# *%($%-# %+# )4M+-%# =.,# $'(+# $,+.8$# $'&,"1%/%(+# NOP#

&4%$+#1"#5"I'(#)'(+#1"#$'&,8+8#5'-/%#%+#+-"($5'-/%#1%$#,(),9,).$#8D"#

#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!D"#G;jhkY#h,)*%5<#3#!"#$'&,"1,$"+,'(7#)'/",(%$#%+#"**-'&A%$#8<#F()*0<#;)1(-2#$/5*-<#OP!P<#'LO#

! !!S#

!L A(#0/=*(5*0(&*/-#')*1(*)%<#5>%-.*)/--%1%-&#4(1*5*(5#

!

A%#')%1*%)#5*%,#2>*-45,%-=%0#0/=*(5*0(&)*=%0#%0&#=%5,*#2%#5(#0'BN)%#4(1*5*(5%L#U=*#5(#-/&*/-#2%#4(1*55%#-%#

0%#)92,*&#'(0#(,#=/,'5%#'()%-&(5#1(*0#)%=/,'%#5>%-0%1E5%#2%#5(#'()%-&9L#G*449)%-&%0#9&,2%0#1/-&)%-&#

+,>,-#2%0#')%1*%)0#4(=&%,)0#2%#5>*1'5*=(&*/-#%0&#5%#4(*&#2>(./*)#:)(-2*#2(-0#,-#%-.*)/--%1%-&#4(1*5*(5#

/l#5>*1'5*=(&*/-#=*&/7%--%#/,#'/5*&*+,%#9&(*&#.(5/)*09%#/,#+,>,-%#')(&*+,%#2>*1'5*=(&*/-#%V*0&(*&L#$>%0&#

9:(5%1%-&#,-#1/1%-&#4/)&#2(-0# 5(#=/-0&),=&*/-#2>,-#070&N1%#2%#.(5%,)0#/,#2>,-%#*2%-&*&9#1/)(5%<#

1?1%# 0*# =%0# (=+,*0# '/,))/-&# 9./5,%)# %&# 0%# &)(-04/)1%)# %-# 9&(-&# =/-4)/-&90# T# 2>(,&)%0# 1*5*%,V#

0/=*(,V#/,#T#2*449)%-&0#9.N-%1%-&0<# &/,&#(,# 5/-:#2,#'()=/,)0#2%#.*%L#A>92,=(&*/-#'()%-&(5%<#%0&#=%#

+,>/-#(''%55%<#,-%#0/=*(5*0(&*/-#19&B/2*+,%#8#@##

@#G/,1%# Q.-RA%,/7# )"($# $'(# 1,9-%# @#G).&"+,'(# %+# $'&,8+8#J7# )85,(,+# 1S8).&"+,'(# &'//%# .(# +-"9",1#

9'1'(+",-%#%+#&'($&,%(+#%3%-&8#*"-#1%$#08(8-"+,'($#*-8&8)%(+%$#%(#),-%&+,'(#)%$#*1.$#B%.(%$T#%+#&S%$+#&%#

=.S,1#"**%11%#1S8).&"+,'(;#CA%U#1.,#1S8).&"+,'(#&S%$+#.(#+-"9",1#5",+#)"($#.(#6.+#%3*1,&,+%7#*-8&,$;#CS%$+#.(#

*-'&%$$.$# )%# &'($+-.&+,'(# )%# 1S%(5"(+# '-,%(+8# V# '(# 9%.+# *-').,-%# .(# &%-+",(# 8+"+# &A%U# 1S%(5"(+7# 8+"+#

/'-"17#$'&,"17#*A>$,=.%#%+#*'.-#&%1"#1%$#").1+%$#9'(+#*-').,-%#.(%#"&+,'(#'-,%(+8%#9,$"(+#:#"11%-#)"($#

.(%#&%-+",(%#),-%&+,'(7#%+#*'.-#1%=.%1#,1#$S"0,+#*'.-#1S%(5"(+#)S"&=.8-,-#.(#-W1%#.+,1%7#&'--%$*'()"(+##:#1"#

*'$,+,'(# =.S,1# %$+# )%$+,(8# :# '&&.*%-# )"($# 1"# $'&,8+8;# !"# $'&,"1,$"+,'(# &'//%# +-"9",1# ),55.$# %+# ),$&-%+#

9%-$.$#,(+%(+,'((%1#%+#&'($&,%(+#'.#9'1'(+",-%#8DCL##

F/,)#G,)dB%*1<#5(#0/=*(5*0(&*/-#->%0&#'()#)%0&)%*-&%#T##5m%44%&#2%0#')(&*+,%0#92,=(&*.%0<#=m%0&#T#2*)%#(,V#

(=&*/-0#%V'5*=*&%1%-&#%&#0'9=*4*+,%1%-&#%-&)%')*0%0#'()#5%0#'()%-&0#2(-0#5%#E,&#2m95%.%)#5%,)0#%-4(-&0#

2m,-%#=%)&(*-%#1(-*N)%L##

U5# %0&# *-&9)%00(-&# 2%# =/1')%-2)%# %-# +,/*# 5%# 1/2N5%# 4(1*5*(5<# (# ,-%# *-45,%-=%# 0,)# 5%# =B/*V# 2%#

0>*1'5*+,%)#,-#X/,)#2(-0#,-#=5,E#$UZ;AWQL##

#

#

#

#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!DC#n5/:#2%#5(#5*=%-=%#!#2%#0/=*/5/:*%#2%#F/*&*%)0<#C'.-$#)%#$'&,"1,$"+,'(#V#8).&"+,'(#NXP<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!CKPe6!SK<#B&&'@gg5*=%-=%!0/=*/5/:*%6'/*&*%)0L/.%)6E5/:L=/1g()&*=5%6=/,)062%60/=*(5*0(&*/-6%2,=(&*/-6O6Je!DJ"D!LB&15#

! !!e#

!L!L#A>*1'5*=(&*/-#=*&/7%--%<#3#,-%#&)(2*&*/-#4(1*5*(5%#8#b#

$%)&(*-0#=*:(5*%)0#ICK#/-&#9./+,9#5%#4(*&#2>(./*)#.,#2%0#:%-0#2%#5%,)#0'BN)%#4(1*5*(5%#*1'5*+,90<#1/2N5%#

*-0'*)(-&#'/,)#%,V#@#

@#CA%U#/%$#*"-%(+$7#B%#(%#$",$#*"$7#/"#/"/"(#8+",+#*-'54#%(#&'1120%7#*"-&%#=.4%11%#%$+#:#1"#-%+-",+%#/",(+%("(+#

%+#%11%#8+",+#%(0"08%#$.-#1%$#"$$'&,"+,'($#/,1,+"(+%$#)%#*-'5$47#/",$#".#(,9%".#)%#$'(#&'1120%7#*"$#".#(,9%".#)4.(#

/'.9%/%(+#.(#*%.#*1.$#$+-.&+.-87#/'(#*2-%#B.$+%#-,%(#%(#5",+#B%#&-',$#%+#9',1:7#*"$#.(%#5,6-%#/,1,+"(+%7#*"-#&'(+-%#

&%++%#5,6-%#/,1,+"(+%#B%#1"#-%+-'.9%#&A%U#/"#+"(+%#%+#/'(#'(&1%7#B%#(%#1%$#9'>",$#=.%#+-2$#-"-%/%(+7#/",$#=."()#B%#

1%$#9'>",$# B%#$%(+",$#=.4,1#>#"9",+#.(#+-.&7#=.%# 1%.-#/')%#)%#9,%#%+# 1%.-# 5"I'(#)%#*%($%-#/4"++,-",%(+#6%".&'.*#

*1.$7# B%# /%# ),$# =.%# &48+",+# .(%# 0-",(%# :# 14,(+8-,%.-# =.,# "9",+# B.$+%# "++%().# 1%# +%/*$# =.%# I"# 8&1'$%#8# I'LD# 6#%-&)%&*%-#!OK#

@#Y"#$Z.-7#=."()#%11%#"# 5,(,# $'(#6"&7#%11%#"# 5",+#.(%#8&'1%#)%#&'//%-&%7#'(# $4%$+#),+#@148&'1%#)%#&'//%-&%#[#

\'(O#J#'(#14"#1",$$8#5",-%#$'(#8&'1%7#%+#:#1"#5,(#)%#$'(#8&'1%#)%#&'//%-&%#%11%#%$+#-%+'.-(8%#9',-#/%$#*"-%(+$#%+#

%11%#1%.-#"#),+#@#%(#5",+#&%#(4%$+#*"$#).#+'.+#/"#9,%7#148&'1%#)%#&'//%-&%#B%#14",#5",+%7#B4",#"**-,$#)%$#&A'$%$7#/",$#

9',1:#B%#-%*-%()$#/%$#8+.)%$7#/',#&4%$+#)"($#1%#$'1,)",-%#J7#%+#%11%#%$+#*"-+,%#".#Y"($#'<#%11%#"#-%*-,$#.(#/"$+%-#

%(#GHH7#9',1:#%11%#%$+#*-'5'()8/%(+#1:?)%)"($7#%11%#"#1%$#/M/%$#,)8%$7#9"1%.-$##=.%#/',7#/",$#%11%7#%11%#%$+#+-2$#

%(0"08%#8#I'LC#o#%-&)%&*%-#JK#

#

G(-0# '5,0*%,)0# %-&)%&*%-0<# *5# 9:(5%1%-&# '/00*E5%# 2%# &)/,.%)# ,-%# 4*5*(&*/-# 2%0# %-+,?&90# (,# 1/-2%#

),)(5L#A(#),)(5*&9#0,''/0%#2(.(-&(:%#2%#0/5*2()*&90#2*&%0#3#19=(-*+,%0#8#@#=/-=%'&#29.%5/''9#'()#WL#

G,)dB%*1<#=%5(#4(*&#)949)%-=%#T#,-#&7'%#2%#0/5*2()*&9#+,*#0%#)%&)/,.%#2(-0#5%0#0/=*9&90#&)(2*&*/--%55%0#

%&#+,*#0%#=()(=&9)*0%#'()#5(#0*1*5*&,2%#%-&)%#5%0#*-2*.*2,0#%&#,-%#4/)&%#=/-0=*%-=%#=/55%=&*.%L#A>*2%-&*&9#

.*55(:%/*0%# 0,''/0%# 2%0# 0'BN)%0# :9/:)('B*+,%0# '5,0# )92,*&%0<# /l# 5%0# 5*%-0# 2%# 0/5*2()*&9# %&# 2%#

0/=*(E*5*&9#0%#29.%5/''%-&#%-#*-=5,(-&#5():%1%-&#5>%-&/,)(:%#2%0#'%)0/--%0<#4(1*5*(5#/,#2%#./*0*-(:%L#

$%#+,*# 0,''/0%#,-# 4/)&# 0%-&*1%-&#2>(''()&%-(-=%#T#,-%#%-&*&9# 0/=*(5%<# :9/:)('B*+,%#%&# =,5&,)%55%<#

=>%0&#(*-0*#+,%#5>/-#)%&)/,.%#2%0#5*%,V<#2%0#&%1'0<#2%#')(&*+,%0#0/=*(5%0#'()&(:9%0#'()#5>%-0%1E5%#2%0#

B(E*&(-&0#2>,-%#=/11,-%#T#&)(.%)0#2*449)%-&%0#1(-*4%0&(&*/-0#=/11%#5%0#4?&%0#2%#.*55(:%#@#

@#Y%$#*"-%(+$#('(#*"$#+-'*#/",$#,1$#9,%((%(+#)4.(#/,1,%.#"0-,&'1%#)'(&#=."()#B48+",$#0"/,(%#B4"11",$#:#1"#5%-/%#

+'.$#1%$#]%%R?%()#&A%U#/%$#0-"()$?*"-%(+$7#/'(#*"*>#8+",+#&'($%,11%-#/.(,&,*"17#/'(#'(&1%#8+",+#*-8$,)%(+#)%#

$'(#&'/,+8#)%$#5M+%$7#/"#/2-%#%(#"#5",+#*"-+,%#".$$,#=."()#%11%#8+",+#B%.(%7#/%$#&'.$,($#%(#5'(+#*"-+,%#".$$,7#>4"#

%.#6%".&'.*#&%#&'/,+8#)%$#5M+%$#)"($#&%#9,11"0%#)%#/"#/2-%7#:#Y'(+%$=.,%.?E.,++".+#)"($# 1%#C'//,(0%$#".#

$.)#)%#^'.1'.$%#%(+-%#^'.1'.$%#%+# 1%$#_>-8(8%$;#`.,#)'(&#>4"#%.#&%#&'/,+8#)%$# 5M+%$#&A"=.%# 5',$#=.4,1# >#"9",+#

=.%1=.%#&A'$%#:#'-0"(,$%-#6%(#'(#>#8+",+7#)2$#=.4,1#5"11",+#",)%-#".#$%-9,&%#*'.-#1"#5M+%#).#9,11"0%#%+#6,%(#&48+",+#

('.$#=.,#('.$#>#&'11,'($7#)2$#=.4,1#>#"9",+#.(#*%+,+#&'.*#)%#/",(#:#)'((%-#6%(#'(#8+",+#1:#8#I'LJ#o#%-&)%&*%-#!K#

3#a%# (%# $",$# *"$7# )%# +'.+# *%+,+7# )%# +'.+# 1%# +%/*$# %(# 5",+7# /',# /%$# *"-%(+$# ,1$# $4,(9%$+,$$",%(+# &'//%# I"7# ,1$#

5",$",%(+#*"-+,%#).#&'/,+8#)%$#5M+%$7#*%+,+$#('.$#'(#"11",+#",)%-#".#&'/,+8#)%$#5M+%$#*'.-#=.%#I"#5'(&+,'((%7#'(#14"#

+'.B'.-$#5",+#8#I'L!!#o#%-&)%&*%-#DK#

! !OP#

3#:# 148*'=.%# B4",# ".$$,# 8+8# &'($&-,+# )"($# 1%# 9,11"0%# '<# B48+",$7# B4"9",$# )8B:# 14,)8%# )%# *"-+"0%-# "9%&# )4".+-%$#),558-%(+%$#&A'$%$7#B48+",$#)"($#.(%#"$$'&,"+,'(#$*'-+,9%#%+#.(%#"$$'&,"+,'(7#'.",$7#)%#&'($&-,+$#8#I'LC#6#%-&)%&*%-#SK#

#

G>(,&)%0# +,(-&# T# %,V# I"K<# 0/,5*:-%-&# 2%0# 4/)1%0# 2>*1'5*=(&*/-# '5,0# *-4/)1%55%0#2%# 5(# '()&# 2%# 5%,)#

4(1*55%#@#%-&)(*2%<#0/5*2()*&9#%-.%)0#(,&),*<#1(*0#&/,&#(,00*#1()+,(-&%#@#

@#Y"#/"/"(#$,#%11%#)%9",+#$%#$"&-,5,%-#*'.-#=.%1=.4.(#%11%#1%#5",$",+7#5"11",+#=.4%11%#",)%7#/",$#&%#(48+",+#*"$#)"($#

)%$#"$$'&,"+,'($7#&48+",+#)"($#1"#9,%#)%#+'.$#1%$#B'.-$7#)"($#+'.+#&%#=.4%11%#('.$#%($%,0(",+7#%11%#('.$#),$",+#=.4,1#

5"11",+#M+-%#$'1,)",-%#)%$#0%($7#&48+",+#.(#),$&'.-$#".#=.'+,),%(#8#I'LC#o#%-&)%&*%-#JK#

3#NOP#Y"#/2-%#%$+#,(5,-/,2-%#)'(&#&4%$+#=.%1=.4.(#=.,#".$$,#)'((%#6%".&'.*7#/"#/2-%#%11%#$%#/%++-"#%(#=."+-%#

*'.-# ",)%-# 1%$# 0%($7#/'(# *2-%# *"-%,1# ,1# %$+# +'.+# 1%# +%/*$# :# )'((%-# )%$# $%-9,&%$# :# +'.+# 1%#/'()%# %+# B%# *%($%#

=.4".$$,#)4"9',-#0-"(),#&A%U#/%$#0-"()$?*"-%(+$#:#1"#&"/*"0(%#)"($#)%$#*%+,+$#9,11"0%$#'<#>4"9",+#+'.B'.-$#)%#1"#

$'1,)"-,+8#%(+-%#1%$#0%($#8#I'L!C#o#%-&)%&*%-#!K#

#

!LOL#h*5*%,#0/=*(5#%&#070&N1%#2%#.(5%,)0#

[-#*-2*.*2,#%0&#0,0=%'&*E5%#2%#=/-0&),*)%#0/-#070&N1%#2%#.(5%,)0#&/,&#(,#5/-:#2%#0(#.*%L#U5#%0&#'/00*E5%#

2%# 294*-*)# *=*# 5%0# .(5%,)0# =/11%# 2%0# ')*-=*'%0# 1/)(,V<# ,-# 3#070&N1%# 071E/5*+,%#8<# 0%).(-&# 2%#

)%'N)%0# (,V# *-2*.*2,0# '/,)# =B/*0*)# ,-%# /)*%-&(&*/-# '()1*# 5%0# 2*.%)0%0# '/00*E*5*&90# +,m,-%# 0*&,(&*/-#

5(*00%#'()#%55%61?1%#/,.%)&%0<#,-#=(2)%#1/)(5#2%#)949)%-=%L#A%0#.(5%,)0#4/-&#4/)1%)#,-#070&N1%#2%#

.(5%,)0#=/B9)%-&#@##

3#!%$# 9"1%.-$# )4.(# ,(),9,).# '.# )4.(%# &'11%&+,9,+8# (%# $%# *-8$%(+%(+# *"$# ,$'18%$7# B.3+"*'$8%$# '.# %(#

)8$'-)-%;#F.#&'(+-",-%#%11%$#$'(+#1,8%$#1%$#.(%$#".3#".+-%$7#%11%$#$'(+#,(+%-)8*%()"(+%$7#%11%$#5'-/%(+#

.(# $>$+2/%;#b."()#.(%#9"1%.-#('.9%11%#%$+#")'*+8%#'.#.(%#9"1%.-#%(#*1"&%#%$+#*%-).%7#=."()#.(%#

9"1%.-#$%#-%(5'-&%#'.#$4"55",61,+7#1%#$>$+2/%#%(+,%-#%$+#"55%&+8#8DDL##

A%0#.(5%,)0#0%#&)(-04/)1%-&#%-#-/)1%0<#5/)0+,>%55%0#0/-&#*00,%0##2%#=/-2,*&%0#/,#2%#=/1'/)&%1%-&0<#

5%0# -/)1%0# &%-2%-&# T# =/-4/)1%)# 5%0# =/1'/)&%1%-&0# %&# 5%0# %-:(:%1%-&0# (,V# .(5%,)0# 29=5()9%0#

IjWpQkf;pq<# OPPJKL# A%0# -/)1%0# ./-&# 29&%)1*-%)# =%# +,>,-# *-2*.*2,# %0&# 3#=%-09#8# (==/1'5*)# %-#

)949)%-=%# T# 2%0# 1/2N5%0# =,5&,)%50# 9&(E5*0# 0/*&# (,# -*.%(,# 2%0# ,0(:%0<# 2%0# 1r,)0<# /,# 2%0# 5/*0L#

G*449)%-&%0#*-0&(-=%0<#2*44,0%-&#2%0#.(5%,)0<#=/11%#5>9=/5%#/,#5%#1/-2%#2,#&)(.(*5L#A(#4(1*55%#%0&#,-#

5*%,# *1'/)&(-&#2>*-&9)*/)*0(&*/-#2%#0=BN1%0#1/)(,V<#0*# 5%0#.(5%,)0#%&# 5%#1*5*%,#0/=*(5#0/-&# *=*#1*0#%-#

)%5(&*/-<# =>%0&#T# =(,0%#2%# 5>%44%&# 0&),=&,)(-&#2%# 5>,-# 0,)# 5>(,&)%L# Q%5/-# 5%0#3#=5(00%0# 0/=*(5%0#8<# =%#-%#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!DD#jWpQkf;pq#j,2/54<#3#Q/=*/5/:*%#2%0#.(5%,)0#8<#;)1(-2#$/5*-<#F()*0<#OPPJ<#'L#J#

! !O!#

0/-&# '(0# &/,X/,)0# 5%0# 1?1%0# .(5%,)0# 2/1*-(-&%0# +,*# 0/-&# 1*0%0# %-# (.(-&L# W-&)%)# 2(-0# ,-# =5,E#

$UZ;AWQ# ->%0&# '(0# (-/2*-<# =%5(# 0,''/0%# 2>(2B9)%)# T# 2%0# -/)1%0# %&# T# 2%0# .(5%,)0# 0'9=*4*+,%0#

I0/5*2()*&9<# (5&),*01%# %&=LKL# $%5(# &)(-0'()(*&# 4/)&%1%-&# 2(-0# 5%0# %-&)%&*%-0<# 5>*1'/)&(-=%# 2,# 1*5*%,#

0/=*(5#2>/)*:*-%#%&#2%0#.(5%,)0#%&#-/)1%0# *-&9)*/)*09%0L#G%0#!C#'%)0/--%0#+,*#/-&#)9(5*09# 5>%-&)%&*%-<#

5%0# 2%,V# &*%)0# 2*0%-&# .%-*)# 2%# 1*5*%,V# 1/2%0&%0# I1*5*%,V# (:)*=/5%0<# /,.)*%)0<# ')/4%00*/-0#

*-&%)192*(*)%0KL# ;,# 1/*-0# D# 2>%-&)%# %,V# 9./+,%-&# 5%# 4(*&# 2>(./*)# =/--,# 2%0# '9)*/2%0# 2(-0# 5%,)#

X%,-%00%# /l# 5%,)0# '()%-&0# /-&# %,# 2%0# 2*44*=,5&90# 4*-(-=*N)%0L# A>/-# )%&)/,.%# =B%_# 5(# '5,'()&# 2%# =%0#

1?1%0#%-+,?&90#I1(*0#'(0#0%,5%1%-&K#,-#2*0=/,)0#'/0*&*4#0,)# 5%0#.(5%,)0#&)(-01*0%0L# U5#%0&#'/00*E5%#

2%# '%-0%)# +,%# =%5(# (# %,# ,-# *1'(=&# 0,)# 5%# )(''/)&# T# 5>():%-&# 2%0# =*:(5*%)0<# 0,)# 5>*1'/)&(-=%# 2%# 5(#

0/5*2()*&9<#,-#%44%&#%1'(&B*+,%#@#

@#c'(7#/%$#*"-%(+$#(48+",%(+#*"$#).#+'.+# ,/*1,=.8$7# ,1$#8+",%(+#)4.(#/,1,%.#%3+-M/%/%(+#/')%$+%7#(8"(/',($#

"9%&#6%".&'.*#)%#9"1%.-$7#%(5,(#$.-+'.+#/"#/"/"(#J#I'LC#6#%-&)%&*%-#JK#

IW-#'()5(-&#2%#0/-#%-4(-=%K#@#_%.+?M+-%#=.%#&4%$+#1%#5",+#)%#(%#*"$#"9',-#%.#)4"-0%(+#:#&%-+",($#/'/%(+$#)%#/"#

9,%7#=.,#5",+#=.%#/",(+%("(+#$,#B%#*%.3#%+#$,#I"#*%.+#",)%-#=.%1=.4.(7#%A#6,%(#B%#1%#5",$#8#I#

3#&4%$+#*%.+?M+-%#.(#+-.&#.(#*%.#6"+%".#=.%#B%#9",$#9'.$#),-%#/",$#&4%$+#1%$#,(B.$+,&%$7#/"#/2-%#8+",+#5%//%#)%#

/8("0%7# B%#/%# -"**%11%#/',# =."()# B48+",$# 0"/,(7# =."()# B48+",$# ")'7# B4"9",$# dX?de# "($# *"-# 1:7#/"#/2-%# 8+",+#

5%//%#)%#/8("0%#&A%U#)%$#6'.-0%',$7#I"#*%.+#*"$#$4"**%1%-#".+-%/%(+7#)%$#0%($#=.,#8+",%(+#$.-#C1%-/'(+7#)%$#

9,%,11%$#5"/,11%$#)%#C1%-/'(+#NOP#)%$#0%($#'.,#=.,#(4A8$,+",%(+#*"$#:#A./,1,%-#)%$#0%($7#:#1%.-#5",-%#&'/*-%()-%#

=.4,1$#8+",%(+#5%//%#)%#/8("0%7#"1'-$#'.,#I"#I"#/4"#$"($#)'.+%#.(#*%.#/"-=.8#=."()#/"#/2-%#-"&'(+",+#I"7#

"*-2$#9',1:#&4%$+#)%$#&A'$%$#=.%#6%".&'.*#)%#0"/,($#'(+#)f#&'(("g+-%7#=."()#9'.$#M+%$#0"/,(7#=.%#9'$#*"-%(+$#

9'.$#-"&'(+%(+#)%$#+-.&$7#I"#9'.$#5",+#*"$#*1",$,-#*.,$#9'.$#9'.$#),+%$#=.4,1#5".)-",+#=."()#/M/%#=.%#I"#&A"(0%#

.(#*%.#8#I'L!!#6#%-&)%&*%-#"K#

@#Y%$#*"-%(+$#(48+",%(+#*"$#+-2$#:#14",$%#5,("(&,2-%/%(+7#('(7#0"/,($#'(+#"#%.#)%$#/'/%(+$#*"$#5"&,1%$7#/M/%#

$,#'(#"# B"/",$#%.# 5",/7#/",$#'(# -'.1",+#*"$# $.-# 14'-7#'(#*"-+",+#*"$# 5'-&8/%(+#%(#9"&"(&%$# NOP#@#`.,7# B4",#.(%#

0-"()?/2-%#=.,#8+",+#&'//%#I"7#)%$#0%($#=.,#(4'(+#*"$#0-"()#&A'$%7#/",$#=.,#*%($%#+'.B'.-$#".3#".+-%$7#B%#&-',$#

=.%# &%$# 9"1%.-$# &4%$+# ,/*'-+"(+# %+# *.,$# I"# ('.$# 5",+# 9,9-%7# &4%$+# *"$# .(%# 5'-/%# )480'h$/%#/",$# $,# '(# $%# -%()#

&'/*+%7#=."()#'(#%$+#*"$#+-2$#6,%(#%+#=.4'(#"#)%$#$'.&,$7#&4%$+#6,%(#)%#(%#*"$#*%($%-#=.4:#$',7#I"#")'.&,+# 1%$#

8*-%.9%$#NOP#h(#:)(-261N)%#=>9&(*&# 5%#E/-#0%-0#'(70(-<#(5/)0#+,%# X%# )%&)/,.%#(')N0#(,00*# =B%_#2%0#=/,0*-%0<#2%0#=B/0%0#=/11%#^(<#+,*#/-&#2%0#.(5%,)0#J#N*;i#K#%(+-%+,%(#deP#

#

A/)0+,%# 5(# +,%0&*/-# 2%# 5>92,=(&*/-# %&# 2%0# .(5%,)0# %0&# (E/)29%<# '5,0*%,)0# =*:(5*%)0# 9./+,%-&# 5%# 4(*&#

2>(./*)#:)(-2*#2(-0#2%0# 4(1*55%0#/l# 5%#1/2N5%#2%#3#=/-0/11(&*/-#8<#3#5%#:(0'*55(:%#8<#/,#%-=/)%# 5%#

-/-6)%0'%=&#2%#5(#-(&,)%<#-%#4(*0(*%-&#'(0#'()&*%#2>,-#2%0#=(2)%0#0&),=&,)(-&0L#W44%&0<#%-#'()&*%<#2>,-%#

:9-9)(&*/-#%&#2%#1*5*%,V#0/=*(,V#'()&*=,5*%)0#@#

IsK#%+#*.,$#9.#=.4'(#8+",+#)4.(#/,1,%.#+-2$#/')%$+%7#1"#$.-&'($'//"+,'(#&%#(48+",+#*"$#('+-%#9,%7#('.$#('$#B'.%+$#

,1$#('.$#8+",%(+#)'((8$#*"-#)4".+-%$#0%($7#('$#9M+%/%(+$#".$$,7#%+#=."()#'(#"9",+#5,(,#)%#1%$#.+,1,$%-7#&48+",+#('.$#

=.,# 1%$# )'((,'($# :# )4".+-%$# :# ('+-%# +'.-7# &48+",+# *"$# ).# +'.+# @#B%# 9%.3# I"7# 9'.$#/%# 14"&A%+%U#J7# ('(;#J# N*;j# ?#

%(+-%+,%(#kP#

! !OO#

3#Y%$#*"-%(+$#&48+",+#.(%#08(8-"+,'(#=.,#(48+",+#*"$#*'.-#1%#0"$*,11"0%7#5'-&8/%(+7#)'(&#=.,#(%#0"$*,11",+#-,%(#%+#

/',#/%$#*"-%(+$#(48+",%(+#*"$#).#+'.+#)"($#1%7#/'(+-%-#=.4'(#"#).#6,%(7#=.4'(#"9",+#1%#)%-(,%-#+-.&#:#1"#/')%7#

('(#&48+",+#)%$#0%($#+-2$#$,/*1%7#/',#I"#/%#&'(9%(",+#6,%(#/",$#/"10-8#+'.+#$"($#-%B%+%-#('(#*1.$#1"#$'&,8+8#)%#

&'($'//"+,'(7#,1$#(48+",%(+#*"$#-%(+-8$#)%)"($#/",$#&%#(48+",+#*"$#('(#.(#-%B%+7#/',#B48+",$#*1.$#%(#'**'$,+,'(#8#I'LC#o#%-&)%&*%-#!!K#

3#`.,7#'.,7#&A%U#/',#'(#"#+'.B'.-$#5",+#"++%(+,'(#:#(%#*"$#0"$*,11%-7#'(#/4"#+'.B'.-$#81%98#)"($#&%+#%$*-,+?1:#J#I'L"#o#%-&)%&*%-#eK#

3#G+#*.,$#)%$#&A'$%$#=.,#$'(+#+'.+%$#6M+%$7#1%#*1",$,-#).#),/"(&A%#&%#(48+",+#*"$#5'-&8/%(+#)4"11%-#)"($#.(#-%$+'4#

/",$# &48+",+#)4"11%-#*,=.%?(,=.%-#%+#=."()#'(#*,=.%?(,=.%7#'(# 1",$$%# -,%(7#'(# 1",$$%#*-'*-%7#*"$#.(%#"11./%++%7#

-,%(7#,1#5".+#=.4'(#-%*"-+%#&'//%#$,#'(#(4"9",+#*"$#8+8#1:#8#I'LD#o#%-&)%&*%-#]K#

#

A%# 0,X%&# 2%# 5(# ')(&*+,%# )%5*:*%,0%# ->(# '(0# 9&9# (E/)29# 2*)%=&%1%-&# (.%=# 5%0# =*:(5*%)0# )%-=/-&)90# %-#

%-&)%&*%-L#$%'%-2(-&<#*5#%0&#'/00*E5%#+,%#5(#:9-9)(&*/-#2%#5%,)0#'()%-&0#(*&#9&9#&)N0#%1')%*-&%#2,#4(*&#

)%5*:*%,VL#G%#-/1E)%,0%0#9&,2%0#/-&#2>(*55%,)0#1/-&)9#5(#=/))95(&*/-#%-&)%#5(#')(&*+,%#)%5*:*%,0%#%&#5%#

E9-9./5(&<# 5%0# .(5%,)0# 2>(5&),*01%# (7(-&# ,-%# *-=*2%-=%# 0,)# 5%# 4(*&# 2>(./*)# ,-%# (=&*/-# E9-9./5%#

IF)/,&%(,<#!eeeKL#[-#2%0#=*:(5*%)0#7#4(*&#)949)%-=%#@#

@#a4",#%.#.(%#%(5"(&%7#%(5,(#/"#/2-%#%$+#$.*%-#&"+A'#%+#).#&'.*#>4"#&%-+",(%$#9"1%.-$7#B%#1%#$.,$#*"$#).#+'.+7#/",$#

'.,# I"# B'.%7# >4"# %.# )%$# 9"1%.-$# )%# $'1,)"-,+87# >4"# %.# ".$$,# )%.3# 8*'=.%$# )"($#/"# 9,%# '<# B4",# 9-",/%(+# *"$# %.#

)4"-0%(+7#.(%#=."()# B4"9",$#dj#"($#%+#'<#'(#)8*%()",+#)%# 14",)%#"1,/%(+",-%#%+#+'.+#I"#%+#).#&'.*#+.#+%#-%()$#

&'/*+%#)%#1"#9"1%.-#)%$#&A'$%$#%(#5",+7#&4%$+#*'.-#I"#=.%#14"-0%(+#B4>#"++"&A%#*"$#)%$#/"$$%$#)4,/*'-+"(&%7#&4%$+#

.+,1%#/",$#B%#9%.3#*"$#/%#5",-%#6'.55%-#*"-#I"#%(#5",+#%+#I"#&4%$+#%(#1,%(#"9%&#I"7#%+#*.,$#*"-%,1#>4"#%.#.(%#".+-%#

8*'=.%#)%#/"#9,%7#'<#=."()#B%#+-"9",11",$#$.-# 1%$#0"(+$7#/%#*">%-#.(%#6,2-%#&48+",+#&A".)7#/",$#'<#*"-#&'(+-%#

&48+",+#.(%#$.*%-#8*'=.%#)%#/"#9,%7#).#&'.*#$.-#&%+#"$*%&+#)%#14"-0%(+7# B%#+-'.9%#=.%#=."()#+4%(#"$#&4%$+#6,%(#

".$$,#)%#*'.9',-#1%#-%),$+-,6.%-#*"-&%#=.4".#5,("1#&4%$+#5",+#*'.-#I"#14"-0%(+7#&4%$+#5",+#*'.-#&-8%-#=.%1=.%#&A'$%#

I'L!!#o#%-&)%&*%-#CK#

#

!L"L#3#F/5*&*+,%#%-#4(1*55%#8<#5(#&)(2*&*/-#/,.)*N)%#

A(#4(1*55%#%0&#,-%#2%0#*-0&*&,&*/-0<#(,V#=H&90#2%#5>9=/5%<#2%0#'(*)0<#2%0#192*(0<#2,#=/-X/*-&<#/,#%-=/)%#

2,# 1*5*%,# ')/4%00*/--%5<# 2(-0# 5(+,%55%# '%,.%-&# 0%# &)(-01%&&)%# 2%0# .(5%,)0# '/5*&*+,%0<# 5T# /l# 5%0#

*-2*.*2,0#3#('')%--%-&#8# =%#+,%# 0*:-*4*%# 5(#'/5*&*+,%L#F5,0*%,)0# =B%)=B%,)0#%-# 0=*%-=%0# 0/=*(5%0#/-&#

&)(.(*559#0,)#5%#0,X%&#2%#5(#&)(-01*00*/-#(,#0%*-#2%#5(#4(1*55%#2%#.(5%,)0#'/5*&*+,%0#%&#2>(&&*&,2%0#4(=%#

(,#./&%#%&#(,V#*-0&*&,&*/-0#)%')90%-&(&*.%0#In():%5<#OPPeKL#A(#0'BN)%#4(1*5*(5%#'%,&#(*-0*#(./*)#,-#)H5%#

0&),=&,)(-&#2(-0#5>(=+,*0*&*/-#2>,-#3#/,&*55(:%#'/5*&*+,%#8L#A%0#=*:(5*%)0#*-&%))/:90#0,)#5(#+,%0&*/-<#4/-&#

2%#-/1E)%,0%0#)949)%-=%0#T#,-#=(2)%#4(1*5*(5#1()+,9#3#'/5*&*+,%1%-&#8<#'/,)#'5,0#2>,-#&*%)0#*00,#2,#

1/-2%# /,.)*%)# %&# 2%0# 5,&&%0# 07-2*=(5%0<# )%')90%-&9# '()# 5(# 4*:,)%# '(&%)-%55%L# Q*# (,X/,)2>B,*<# ,-%#

1*-/)*&9#%0&#*-.%0&*%#2(-0#,-#'()&*#'/5*&*+,%<#/,#-%#'()&(:%#'(0#4/)=91%-&#5(#1?1%#,)-%#95%=&/)(5%<#*5#

%0&#&/,&%4/*0#'/00*E5%#2%#)%&)/,.%)#2%0#.(5%,)0#*29/5/:*+,%0#2%#=%&#B9)*&(:%#@#

! !O"#

3#Q8B:#".#)8*"-+#/',# B%# 5",$#*"-+,%#)4.(%# 5"/,11%#)%#/,1,+"(+7#/'(#*2-%#8+",+#/,1,+"(+# $>(),&"1#)"($#.(#/,1,%.#

'.9-,%-7# /',# B4",# +'.B'.-$# %(+%().# *"-1%-# )%# *'1,+,=.%# :# 1"# /",$'(7# )%# 1"# 0".&A%7# )%$# $>(),&"+$7# B4"9",$# )%$#

0-"()$?*"-%(+$#&'//.(,$+%$7#)'(&#'(#8+",+#6,%(# ,/6,68$#)%#+'.+#I"#%+#I"#I"# 1",$$%#)%$#+-"&%$# N-,-%P;#Y"#/2-%#

%11%# 9,%(+# )4.(#/,1,%.# "0-,&'1%7# *">$"(7# %11%# 8+",+# ).# C"(+"17# "1'-$# =.%#/'(#*2-%# 9,%(+# )4.(#/,1,%.# '.9-,%-7# %(#

\-%+"0(%# :# \-%$+;# `.,# )'(&# 9',1:# B4",# +'.B'.-$# %(+%().# *"-1%-# )%# *'1,+,=.%7# B%# *%($%# =.4'(#/4"# ,(&.1=.8# )%$#

6'((%$#9"1%.-$#%+#=.%#B4",#+'.B'.-$#0"-)8#I"#%(#/',7#1%#*"-+"0%7#1"#5-"+%-(,+87#9'.$#9'>%U#&%#0%(-%#)%#9"1%.-$7#=.,#

5'(+#=.%# 9'.$#*'.9%U# &'A"6,+%-#"9%&# 1%$#".+-%$#=.',7# *"-&%#=.4,1$# 9'.$# ,(+8-%$$%(+7# *"-&%#=.4,1$# 9'.$#"++,-%(+7#

*"-&%#=.%#9'.$#",/%U#6,%(#1%.-$#),558-%(&%$#8#I'LC#6#%-&)%&*%-#!PK#

@#NOP#Y',#/'(#*2-%#8+",+#'.9-,%-7#)'(&#14,)8'1'0,%#&'//.(,$+%#8+",+#.(#*%.#*-8$%(+%#=.',7#9',1:#B4",#.(%#&'.$,(%#

:#_"-,$#=.,#8+",+#".$$,#,($+,+.+-,&%#=.,#8+",+#".$$,#+-2$#&'//.(,$+%#:#5'()7#)'(&#9',1:#&%++%#,)8'1'0,%#&'//.(,$+%#

'(# %(# "# 8+8# ,/*-80(87# '(# "# 9.# &%# =.,# (4"11",+# *"$# )%)"($7# '(# 9%.+# *"$# M+-%# /,1,+"(+# &'//.(,$+%# J# I'L!P# o#%-&)%&*%-#DK#

3#&4%$+#%(#*"-+,&.1,%-#/'(#*2-%7#*"-#-"**'-+#".#5",+#)4"0,-#%+#)%#$4,/*1,=.%-#)"($#1%$#&A'$%$#=.,#6'.0%(+7#*"-&%#

=.%# B4",# -%/'(+8# 1%# 5,1# )%# 14A,$+',-%7#/'(#*2-%# %$+# (8# %(#diXd7# :# 1"# 0.%--%#)%#ei?jl7# ,1# "9",+# dm#"($7# ,1# 8+",+# :#

14"-/8%7#,1#$4%$+#-%+-'.98#*-,$#)"($#1"#)85",+%7#,1#8+",+#&'(&%-(8#*"-#1%$#H^`#%+#,1#$4%$+#-%+-'.987#*"$#)"($#.(#&"/*#

)4%3+%-/,("+,'(7#/",$#)"($#.(#&"/*#)%#+-"9",1#%(#F11%/"0(%#%+#,1#"#$.-98&.7#)4"*-2$#&%#=.%#B4",#&'/*-,$7#*"-&%#

=.4,1# >#"9",+#)%$# &'//.(,$+%$# %(+-%#".+-%$#=.,#"9",%(+#'-0"(,$8#.(# &%-+",(#('/6-%#)%# &A'$%$#%+#=."()# ,1# %$+#

-%9%(.#%(#n-"(&%7#"1'-$#=.4,1# %$+#)4.(%# 5"/,11%#6'.-0%',$%7# I"7# I"#"#8+8# +-2$# 5'-+#*'.-# 1.,7# %+#)'(&# ,1# "9",+#.(%#

%$*2&%#)%#5,)81,+8#:#&%$#9"1%.-$7#I"#(%#$4%$+# B"/",$#+-").,+#*"-#.(#%(0"0%/%(+#(,#$>(),&"17#(,#*'1,+,=.%7#(,#-,%(7#

/",$#)"($#&%#=.4,1#),$",+7#I"#+-"($*"-",$$",+7#$,#+'.+%$#&%$#9"1%.-$?1:#&'/*+%(+#*'.-#/',7#B%#*%($%#=.%#I"#9,%(+#)%#

I"#".$$,7#&4%$+#)%$#),$&'.-$#%(+%().$#%+&L#8#I'L]#o#%-&)%&*%-#]KL#

#

!LC#j(''/)&#T#5>():%-&#

# F()=%# +,>*5# %0&# 0(-0# =%00%# *-.%0&*# '()# 2%0# (44%=&0<# 2%0# =)/7(-=%0<# 2%0# =/-45*&0<# 2%0# -/)1%0#

1/)(5%0<# 5>():%-&# %0&# %00%-&*%55%1%-&# ,-# 4(*&# 0/=*(5<# =/11%# 5>(44*)1(*&# h()=%5# h(,00# I!e!CKL# A%#

)(''/)&#T# 5>():%-&#2>,-# *-2*.*2,#'%,&#0%#&)(-04/)1%)#&/,&#(,# 5/-:#2%# 5(#.*%L#Q*#=%#&BN1%#%0&#(E/)29#

2(-0#=%&&%#'()&*%#=>%0&#'()=%#+,%#=>%0&#0/,.%-&#(,#0%*-#2%#5(#0'BN)%#4(1*5*(5%#+,%#-/,0#*-&9)*/)*0/-0#

-/0#')%1*N)%0#2*0'/0*&*/-0<#(&&*&,2%0#4(=%#T#3#5>/EX%&#4*-(-=*%)#8L#U5#->7#(.(*&#'(0#2%#+,%0&*/-0#2(-0#5%0#

%-&)%&*%-0#2*)%=&%1%-&#5*9%0#(,#)(''/)&#2%0#=*:(5*%)0#T#5>():%-&<#=%'%-2(-&#-/,0#-/,0#0/11%0#)%-2,0#

=/1'&%#(,#4*5#2%0#2*0=/,)0<#+,%#2%#-/1E)%,V#%-+,?&90#/-&#2*&#(./*)#29XT#4(*&#2%0#2/-0<#'/-=&,%50#/,#

)9:,5*%)0<#2(-0#2%0#(00/=*(&*/-0<#/,#2(-0#,-#')/X%&#%-#'()&*=,5*%)L#W0&6=%#+,%#=%&&%#')(&*+,%#o#5%#2/-#

1/-9&(*)%#6# #+,*#0,''/0%#2%0#.(5%,)0#%&#2%0#-/)1%0#%-# 5*%-<#'%,&#?&)%#,-#9591%-&#4(=*5*&(&%,)#'/,)#

2%.%-*)# %-0,*&%# 9'():-(-&# 0/5*2(*)%#b# Y/,0# 0/11%0# T# 1?1%# 2%# =)/*)%# +,%# 5%# )(''/)&# T# 5>():%-&#

%-&)%&%-,# '()# 5%0# '%)0/--%0# )%-=/-&)9%0# %0&# 5(# )90,5&(-&%# 2%# .(5%,)0<# %-# (29+,(&*/-# (.%=# 5(#

291()=B%#2%0#$UZ;AWQ#I1?1%#0*#*5#-%#0>(:*&#'(0#2%#2/-K#@#

3#t%# 2/--%# )9:,5*N)%1%-&<# X%# 0,*0# (E/--9# 0*# /-# '%,&# 2*)%# ^(# =/11%# ^(<# T#h92%=*-0# 0(-0# 4)/-&*N)%<# T# 5>;j$<#f(-2*=('<# X>%00(*%# 2%# 2/--%)# )9:,5*N)%1%-&<# 2%',*0# ,-%# 2*_(*-%# 2>(--9%0<# =>%0&# .%-,# -(&,)%55%1%-&<# /-# %0&#-(-&*#B%*-<#7>(#2%0#:%-0#+,*#/-&#E%0/*-<#X%#'%-0%#+,>*5#7#(#(00%_#'/,)#&/,&#5%#1/-2%<#'/,)#+,>/-#.*.%#E*%-#8#I'Le#o#%-&)%&*%-#!"K#

! !OC#

OL#A(#0/=*(5*0(&*/-#0%=/-2(*)%<#5(#=/-0&),=&*/-#*2%-&*&(*)%#2,#4,&,)#=*:(5*%)#

A(#2*0&*-=&*/-#%-&)%#5(#0/=*(5*0(&*/-#')*1(*)%#%&#5(#0/=*(5*0(&*/-#0%=/-2(*)%#0>/'N)%#5/)0+,>,-#*-2*.*2,#

%0&# =/-4)/-&9# T# 2m(,&)%0# :)/,'%0# 0/=*(,V# +,mT# 0/-# :)/,'%# ')%1*%)<# 0(# 4(1*55%L# A>9=/5%<# %0&# ,-# E/-#

%V%1'5%# 2%# =%&&%# 29=/,.%)&%# 2>,-# -/,.%(,# 1/-2%# 0/=*(5<# /l# 5>*-2*.*2,# '%,&# 4(*)%# 2(-0# =%# =(2)%#

5m%V'9)*%-=%# 2m,-%# 0/=*(5*0(&*/-# 0%=/-2(*)%L# Q*# 2(-0# ,-# ')%1*%)# &%1'0# 5(# 4(1*55%# .(# X/,%)# ,-# )H5%#

=%-&)(5#2(-0#5(#=/-0&),=&*/-#*2%-&*&(*)%<#2>(,&)%0#*-0&(-=%0#./-&#')%-2)%#5%#)%5(*0<#2/-&#,-%#2%0#'5,0#

*1'/)&(-&%0<# 5%0# :)/,'%0# 2%# '(*)0<# -/&(11%-&# 5/)0# 2%# 5>(2/5%0=%-=%L# A%0# 2*449)%-&%0# %V'9)*%-=%0#

3#0/=*(5%0#8# 4(*&%0#'()# 5>*-2*.*2,# *-45,%-=%-&# 0/,.%-&# 5(#'/,)0,*&%#2,#'()=/,)0L# A%0# )9=*&0#2%# .*%#2%0#

=*:(5*%)0<# )%-2%-&# =/1'&%# 2>9591%-&0# =5%40# I9=/5%0<# )%-=/-&)%0<# 5/*0*)0<# %V'9)*%-=%0# (00/=*(&*.%0<#

192*(0K#+,*#/-&#3#4(=*5*&9#8#5>%-&)9%#2(-0#,-#=5,E#$UZ;AWQL##

OL!L#A>*-0&*&,&*/-#0=/5(*)%<#,-%#/,.%)&,)%#0,)#5%#1/-2%#'()#5(#=/--(*00(-=%#

A>9=/5%# )%')90%-&%# ,-# (,&)%# 5*%,# 2%# 0/=*(5*0(&*/-# /l# ,-# *-2*.*2,# '%,&# *-&9:)%)# 2>(,&)%0# .(5%,)0# /,#

2>(,&)%0#-/)1%0<#'(0# 4/)=91%-&#%-#/''/0*&*/-#(.%=#=%55%0#2%# 5(# 4(1*55%#1(*0#%-#=/1'591%-&L# U5#7#(#

E*%-#0u)#5%0#)N:5%0#2,#0(./*)6.*.)%<#1(*0#0,)&/,&#*5#7#(#5%0#0(./*)0#'5,0#3#0(.(-&#8L#A>9=/5%#'%,&#(./*)#,-#

)H5%# 2>91(-=*'(&*/-# *-2*.*2,%55%<# '()# 5%# 0(./*)# %&# 5(# =/--(*00(-=%L# A%0# '%)0/--%0# )%-=/-&)9%0# %-#

%-&)%&*%-# '/00N2%-&# &/,&%0# ,-# -*.%(,# 2>9&,2%0# (00%_# 95%.9<# %-# 9&(-&# &*&,5(*)%# (,# 1*-*1,1# 2>,-#

E(==(5(,)9(&L# F/,)# '5,0*%,)0# %-+,?&90# 5%0# (--9%0# 9&,2*(-&%0# /-&#1()+,9# 5%# 29E,&# 2>,-%# ')*0%# 2%#

=/-0=*%-=%#3#'/5*&*+,%#8<#2>,-#9.%*5# *-&%55%=&,%5#'()# 5(# =/--(*00(-=%L# \)/*0# =*:(5*%)0#/-&# (1/)=9# ,-%#

)945%V*/-#0,)# 5%#1/2N5%#9=/-/1*+,%#%&# 0%0#(5&%)-(&*.%0<#2(-0# 5%#=(2)%#2%# 5%,)0#9&,2%0#0,'9)*%,)%0<#

2/-&# 2%,V# +,*# /-&# 4(*&# 5%,)# 0&(:%# 2%# 4*-# 2>9&,2%0# 2(-0# 2%0# /):(-*01%0# 2%# 4*-(-=%# 0/5*2(*)%<# 5(#

=/-0&),=&*/-#2>,-#1/2N5%#2%#)949)%-=%#&B9/)*+,%#(#')9=929#5>*1'5*=(&*/-#2(-0#,-#=5,E#$UZ;AWQ#@#

3#NOP#)"($# 1%# &")-%#).#&.-$.$#).#/"$+%-# I,-#1(0&%)#%-#WQQK# '(#6"1">",+#.(#*%.# 1%$#),558-%(+$# &'.-"(+$7#"1'-$#>4"9",+# +'.+#.(#9'1%+#A,$+'-,=.%#/",$#>4"9",+#".$$,# 1%$#"&+,9,+8$#"&+.%11%$7#%+#&4%$+#9-",#=.%# 1"#*-'618/"+,=.%#).#

5,("(&%/%(+# )%# 148&'('/,%# I"# /4"# +'.B'.-$# ,(+8-%$$8# $.-# 1%# 5'()# %+# )%# 9',-# =.4,1# ># "9",+# )%$# ,(,+,"+,9%$# =.,#

$48+",%(+#&'($+,+.8%$#".+'.-#)%#I"7#9',1:#14,)8%#&48+",+#)4"11%-#9',-#.(#*%.#*1.$#1',(#&%#=.4,1#>#"9",+#)%--,2-%7#=.%1$#

$>$+2/%$#"9",%(+#8+8#+-'.987#*"-&%#=.4,1#/%#$%/61",+#=.%#1%#5,("(&%/%(+#)%#148&'('/,%#&'(),+,'((",+#6%".&'.*#

14'-,%(+"+,'(#)%# 148&'('/,%#%+#=.%# $,# '(#"--,9",+#:# &A"(0%-# I"#%+#6%(#'(#*'.--",+# &A"(0%-#*"$#/"1#)%# &A'$%$7#

9',1:#%+#)'(&#%(#&-%.$"(+#)"($#1%#&")-%#)%#&%#/"$+%-#1:#B4",#)8&'.9%-+#*"$#/"1#)4,(,+,"+,9%$##I'LDgJ#o#%-&)%&*%-#!CK#

@#a4",#)8&'.9%-+#148*"-0(%#$'1,)",-%#"9%&#/'(#8&'1%7#+.#$",$#0-o&%#:#/'(#$+"0%#:#1"#cGn7#%(#5",+#=."()#'(#8+",+#:#

!>'(#)"($#&%++%#8&'1%# 1:#'(#"9",+#.(#*-'B%+#*-'5%$$,'((%1#:#5",-%#%(#)%-(,2-%#"((8%7#/'(+%-#.(%#%(+-%*-,$%#%(#

5",+7#"9%&#1%$#*1"($#)%#5,("(&%/%(+#%+#+'.+#I"#%+#*.,$#I"#/4"#*"$$,'((8#%(#5",+#%+#&4%$+#&'//%#I"#=.%#B4",#9'.1.#

/4'-,%(+%-#9%-$#1%$#5,("(&%/%(+$#:#1"#&-8"+,'(#)4%(+-%*-,$%#%+#=.%#).#&'.*#B4",#&'//%(&8#:#/4,(+8-%$$%-#:#I"#%+#

=.%#B%#$.,$#+'/68%#$.-#1"#cGn#%+#"*-2$#.(%#5',$#:#1"#cGn#I"#/4"#'.9%-+#1%$#*'-+%$;#!4,)8%#)%#14"-0%(+7#148*"-0(%#

=.,#$%-+#9-",/%(+#1%$#*-'B%+$#I"#/4"#$8).,+#=.',7#1%#5",+#)%#$"9',-#'<#9"#14"-0%(+7#)%#$"9',-#=.4,1#>#"#.(%#8+A,=.%#".#

(,9%".# )%$# *1"&%/%(+$7# =.4,1$# 8+.),",%(+# 9-",/%(+# +'.$# 1%$# *-'B%+$7# +'.$# 1%$# ,/*"&+$# $.-+'.+# )%$# *-'B%+$7# .(%#

+-"($*"-%(&%#+'+"1%#".#(,9%".#)%#14'-,%(+"+,'(#)%#+'(#8*"-0(%#J#I'LJ#o#%-&)%&*%-#!K##

! !OD#

@#a4",#5",+#/'(#/"$+%-#1:#:#1"#5"&#)%#$&,%(&%#8&'7#)'(&#%(#0-'$#B4",#%.#.(%#),$*'4#*%()"(+#p#/',$7#%+#B4"9",$#B"/",$#

5",+#)48&'('/,%7#%+#&4%$+#&%#=.4'(#&'($+"+%7#&4%$+#1:#=.4'(#9',+#1%$#-8$.1+"+$#)%$#0-"()$#0-'.*%$#,().$+-,%1$#%+#1:#

'(#$%#*-%()#+'.+#%(#*1%,(%#*',-%#%+#'(#$%#),+#=.4'(#('.$#*-%()#*'.-#)%$#&'($#J#N*;l#K#%(+-%+,%(#deP#

#

OLOL#A%0#:)/,'%0#2%#'(*)0#

A>*2%-&*&9#0%#=/-0&),*&#2(-0#5(#)%-=/-&)%#(.%=#(,&),*L#W-4(-&<#=>%0&#'()#5%#=/-&(=&#(.%=#5%0#(,&)%0#+,%#

5>/-#')%-2#=/-0=*%-=%#%&# 0%#=/-4)/-&%#T#2%0#(.*0#2*449)%-&0#2,# 0*%-L# A(#=/55%=&*.*&9#%0&#2/-=#,-# 5*%,#

')*.*59:*9#2%#5>%-4(-&#2(-0#5>('')%-&*00(:%#2%#5(#0/=*(5*0(&*/-#@#3#".#&'(+"&+#)%#14".+-%7#,1#9"#"**-%()-%#

:# $%# &'(("g+-%7#:#"55,-/%-# $'(# ,)%(+,+8#*-'*-%#"5,(#)%#*-%()-%# $"#*1"&%#)"($# 1%#0-'.*%#*.,$#)"($# 1"#

$'&,8+8#NOP# !"# $'&,"1,$"+,'(7# &4%$+# ".$$,# "&&%*+%-# )%# $.**'-+%-# 1%$# ),558-%(&%$# )'(&# 14,(),9,)."1,+8# )%#

&A"&.(7#)%#(%#*'.9',-#5",-%#+%11%#'.#+%11%#&A'$%#".#/'/%(+#'<#,1#1%#)8&,)%#8DJ#L#Q*#5%0#:)/,'%0#2%#'(*)0#

0/-&# &)N0# *1'/)&(-&0#2,)(-&# 5>%-4(-=%#%&# 5>(2/5%0=%-=%<# *50# 5%# )%0&%-&# &/,&#(,# 5/-:#2%# 5(#.*%L#a,%#=%#

0/*&# 2(-0# 5%# 1/-2%# ')/4%00*/--%5<# (00/=*(&*4<# '/5*&*+,%<# 5(# )%-=/-&)%# 2%# -/,.%55%0# '%)0/--%0# '%,&#

(./*)# ,-# *1'(=&# 0,)# 5%# '()=/,)0# 2>,-# *-2*.*2,L# G(-0# 5%0# %-&)%&*%-0# =>%0&# ,-# 0,X%&# '%,# (E/)29<#

=%'%-2(-&# ,-# =*:(5*%)# 4(*&# )949)%-=%# T# ,-# :)/,'%# 2>(1*0# )%-=/-&)9# T# 5>,-*.%)0*&9<# +,*# 5>(# (1%-9# T#

0>*-.%0&*)#2(-0#,-#07-2*=(&#9&,2*(-&L#F/,)#,-%#(,&)%#=*:(5*N)%<#=>%0&# 5(#)%-=/-&)%#(.%=#,-%#'%)0/--%#

+,*# 5,*# (# 4(*&# =/--(M&)%# 2%# -/,.%55%0# *-*&*(&*.%0# 0/5*2(*)%0L# G%# -/1E)%,V# =*:(5*%)0# /-&# 9:(5%1%-&#

)%-=/-&)9# 2%# -/,.%(,V# :)/,'%0# 2%# '(*)0# %-# (2B9)(-&# T# ,-%# (00/=*(&*/-# /,# T# ,-# 07-2*=(&<# ,-%#

1(X/)*&9#2>%-&)%#%,V#%0&#2%.%-,%#=*:(5*%)#0,*&%#T#5%,)#%-&)9%#2(-0#,-%#;h;F#@#

3#IsK#C4%$+#B.$+%/%(+#9,"#1%#*'+%#=.%#B4",#&'((.#9,"#&'.&A$.-5,(07#=.,#8+",+#*-'5#".#1>&8%#"0-,&'1%#)%#q'&A%5'-+?

Y'(+"0(%#=.,#&'(("g+#+-2$#6,%(#C;#!;7#C;#!;#8+",+#%(#+-",(#)%#1"(&%-#1%$#CDEF!GH#$.-#1"#-80,'(#F.9%-0(%#%+#)'(&#n;#

/4"#,(9,+8#:#.(%#-8.(,'(#)4,(5'-/"+,'(#:#`-&,9"1# B%#&-',$7#%+# 1:# B%#/%#$.,$#),+#=.%#I"#/4,(+8-%$$",+#6,%(#J#I'L"#6#%-&)%&*%-#!OK#

#

OL"L#A%#1/-2%#')/4%00*/--%5#

A(# .*%# ')/4%00*/--%55%# =/-0&*&,%# ,-# (,&)%# 1/1%-&# ')*.*59:*9# 2%# 5(# =/-0&),=&*/-# *2%-&*&(*)%# 2>,-#

*-2*.*2,L# W-&)%)# 2(-0# ,-%# ')/4%00*/-<# 29=/,.)*)# ,-# 2/1(*-%# 2>(=&*.*&9# %0&# 5%# 4),*&# 2>,-# =B/*V#

')/4%00*/--%5<#'5,0#/,#1/*-0#=/-&)(*-&#%&g/,#(00,19#0,0=%'&*E5%#2%#&)(-04/)1%)#'%,#T#'%,#o#'()4/*0#

E),0+,%1%-&# o# 5>*2%-&*&9# 2>,-%# '%)0/--%L# A>%V'9)*%-=%# ')/4%00*/--%55%<# %0&# ,-%# &B91(&*+,%#

*1'/)&(-&%# %&# 0&),=&,)(-&%<# +,%# 5>/-# )%&)/,.%#2(-0# 5%0# )9=*&0# 2%# .*%# 2%0# !C# =*:(5*%)0<# 0/,0# 2*.%)0%0#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!DJ#GkjUQkY#v*/5N-%<# 3#!%# -W1%# ).#0-'.*%#)%#*",-$# K# &'($+-.&+,'(# ,)%(+,+",-%# %+# $'&,"1,$"+,'(#8<# I2/=,1%-&# %-#5*:-%<# =/-0,5&9# 5%# OP!C6Pe6OPK<# B&&'@ggwwwL'(00%)%55%06#%X%L*-4/g2/00*%)0g2/00*%)x0,*&%xO]]xO]"x5%R)/5%R:)/,'%R'(*)0R6R=/-0&),=&*/-R*2%-&*&(*)%R0/=*(5*0(&*/-LB&15##

! !OJ#

4/)1%0L# U5# %0&# '/00*E5%# 2>*2%-&*4*%)# &)/*0# &7'%0# 2>%V'9)*%-=%0# 4(=%# (,# 1/-2%# ')/4%00*/--%5# (7(-&#

*-45,%-=9#5%#'()=/,)0#2>*1'5*=(&*/-#=*&/7%--%L##

A%# ')%1*%)<# %0&# =%5,*# 2>,-#1/-2%# ')/4%00*/--%5# # =/11%#3#/')21%# )%# 14,/*1,&"+,'(#&,+'>%((%#8L# U=*<#

5>%-+,?&9#(#9&9#/,#%0&#=/-4)/-&9#T#,-#1*5*%,#')/4%00*/--%5#2(-0# 5%+,%5# *5#7#(#,-%#4/)&%#&)(2*&*/-#2%#

5>*1'5*=(&*/-L#$>%0&#-/&(11%-&# 5%#=(0#2%#2%,V#=*:(5*%)0#+,*#/-&# &)(.(*559#2(-0#,-#07-2*=(&#2%# X%,-%0#

(:)*=,5&%,)0#%&#2>,-#+,*#(#%V%)=9#5(#')/4%00*/-#2>%V'5/*&(-&#(:)*=/5%#2%#-/1E)%,0%0#(--9%0L#A%#1/-2%#

(:)*=/5%# %0&# )%=/--,# '/,)# ?&)%# ,-# &%))%(,# 2,# 07-2*=(5*01%<# '/0092(-&# ,-# )*=B%# 3#+,$$.# "$$'&,"+,57#

&''*8-"+,5# '.#/.+."1,$+%7# 1,8# :# 14%3%-&,&%# )%# 1"# *-'5%$$,'(# %+# )'(+# 14"(,/"+,'(# %+# 1%# 5'(&+,'((%/%(+#

-%*'$%#$.-#14%(0"0%/%(+#)%$#,(+8-%$$8$#8D]L#$%&&%#4*5*(&*/-#(,#1/-2%#(:)*=/5%#(#2/-=#%,#,-%#*-=*2%-=%#

0,)# 5%0#=*:(5*%)0<#%-#0%#=/-0&*&,(-&#=/11%#,-#)949)%-&#2%# 5>%-:(:%1%-&#@# 0>*1'5*+,%)#=>%0&#'/00*E5%<#

(:*)# =>%0&# '/00*E5%<# '%,# *1'/)&%# 0/-# -*.%(,# 2>9&,2%0<# 0/-# 1*5*%,# 0/=*(5<# =B(+,%# '%)0/--%# %0&# %-#

=('(=*&9#2>(./*)#,-#'/,./*)#2>(=&*/-<# )%-4/)=9#'()# 5%#=/55%=&*4L#G%,V#(,&)%0#=*:(5*%)0# &)(.(*55%-&#2(-0#

5>92,=(&*/-#-(&*/-(5%<#9:(5%1%-&#,-#0%=&%,)#2>(=&*.*&9#/l# *5#7#(#,-#4/)&# &(,V#2>*1'5*=(&*/-<#'5,0*%,)0#

9&,2%0# /-&# 291/-&)%)# 5%# '/,)=%-&(:%# 95%.9# 2>%-0%*:-(-&0# *1'5*+,90# 2(-0# 5(# .*%# '/5*&*+,%# %&#

(00/=*(&*.%<#-/&(11%-&#2(-0#5%#0%=&%,)#2%#5>92,=(&*/-#'/',5(*)%DS#@#

3#a4",#&'//%(&8#:#+-"9",11%-#:#Xe#"($7#)%#Xe#:#ed?eX#"($7#N)"($#.(#$>(),&"+#)%#B%.(%$#"0-,&.1+%.-$P# B4",#&W+'>8#

)%$#0%($#=.,#8+",%(+#B%.(%$#"0-,&.1+%.-$#%+#=.,#8+",%(+#$>(),&"1,$+%$7#)'(&#=.,#5",$",%(+#6%".&'.*#6%".&'.*#)%#

$"&-,5,&%$# *'.-# 1%.-# "$'&,"6,1,+8# =.',7# %+# I"# &4%$+# =.%1=.%# &A'$%# =.,# /4"# 6%".&'.*# ,/*-%$$,'((8# NOP#/',# B4",#

&'((.#)%$#+>*%$#=.,#"9",%(+#Xl?er#"($7#=.,#$4,($+"11",%(+7#=.,#"9",%(+#).#6'.1'+#&A%U#%.3#*"-#)%$$.$#1"#+M+%7# ,1$#

+-"9",11",%(+# pr# A%.-%$# *"-# $%/",(%7#/",$# =.,# *-%(",%(+# =."()#/M/%# 1%# +%/*$# )%# 5",-%# )%$# -8.(,'($# NOP# =.,#

8+",%(+#&"*"61%$#)4"9',-#&'//%#I"#"9%&#.(#*-85%+7#"9%&#.(#),-%&+%.-#)%#&"6,(%+7#"9%&#.(#*-8$,)%(+#)%#C'($%,1#

E8(8-"17#&'//%#I"#1:#%(#+M+%#:#+M+%7#$"($#6",$$%-#1%$#>%.37#I"#&4%$+#.(#+-.&#=.,#/4"#,/*-%$$,'((8#=.',7#1%$#/%&$#

,1$#"9",%(+#)%$#(,9%".3#)%#5'-/"+,'(7#6'(#".B'.-)4A.,7#/M/%#*"$# 1%#\"&#=.',7#"1'-$# 1%#/%&# ,1#"9",+#.(%#*M&A%7#

=."()#B48+",$#:#1"#H"-+A%#B4"9",$#=.',#Xe?Xj7#=."()#B%#9'>",$#&%$#/%&$#1:#=.,#*"-1",%(+#&'//%#I"#:#.(#*-85%+7#/',#

I"#/4"#9"&A%/%(+# ,/*-%$$,'((87#&48+",+#.(#/'()%#=.%# B%#)8&'.9-",$7#/',#/%$#*"-%(+$# ,1$#8+",%(+#6'.1"(0%-$7#

"*-2$# /'(# *2-%# "# 8+8# &A".55%.-?1,9-%.-7# '(# *"-1",+# .(# *%.# )%# *'1,+,=.%# &'//%# I"# :# 1"# /",$'(# /",$# &4%$+#

9-",/%(+# .(# +-.&# =.%# B4",# )8&'.9%-+# 1:?A".+7# 9',-# )%$# 0%($# &'//%# I"# 9-",/%(+# ,/*1,=.8$7# =.,# &-'>",%(+# ).-#

&'//%#5%-#:#&%#=.4,1$#5",$",%(+#%+#=.,#1%#5",$",+#*"$#=.%#*'.-#%.37#,1$#&-'>",%(+#".3#&''*8-"+,9%$7#,1$#&-'>",%(+#".3#

/'.9%/%(+$# /.+."1,$+%$# %+&# =.',;# s"# I"# /4"# 5'-&8/%(+# /"-=.87# I"# /4"# "**-,$# *1%,(# )%# &A'$%$# 8# I'Le# o#%-&)%&*%-#"K#

#

A%#2%,V*N1%#&7'%#2>%V'9)*%-=%<#%0&#=%5,*#2>,-#1/-2%#')/4%00*/--%5#=/11%#@#+%--%".#)%#14,/*1,&"+,'(#

&,+'>%((%#JL# A(# 2*449)%-=%# *=*<# %0&# +,%# 5%0# =*:(5*%)0# /-&# 9&9# 2*)%=&%1%-&# (1%-90# T# &)(.(*55%)# 2(-0# 5%#

1/-2%# 2%# 5>9=/-/1*%# 0/=*(5%# %&# 0/5*2(*)%# %&# /-&# 9&9# (*-0*# 0%-0*E*5*090# (,V# 2*.%)0%0# *-*&*(&*.%0#!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!D]#Fjk[\W;[#A*/-%5<#ykAzz#z)(-^/*06$B()5%0<#@#Q'((%-#$'(#+%/*$7#1%$#68(89'1%$#)"($#1"#9,%#"$$'&,"+,9%$#8<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6!eK<#B&&'@ggwwwL*-0%%L4)g4)g44=g2/=0x44=g%0"]O(L'24<#'L!"#DS#zj;tWjh;Y#A(,)%-&<#@#!4%(0"0%/%(+#)%$#%($%,0("(+$#Ndidm?dikmP#8<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6!eK<#B&&'@ggB*0&/*)%6%2,=(&*/-L)%.,%0L/):gDJ]#

! !O]#

=/55%=&*.%0# %&# =*&/7%--%0# +,*# =/-0&*&,%-&# =%# 2/1(*-%# 2>(=&*.*&9L# [-%# '%)0/--%# (# &)(.(*559# 2(-0# 5%#

0%=&%,)# 2%# 5>*-0%)&*/-# '()# 5>(=&*.*&9# ')/4%00*/--%55%# %&# 2%,V# =*:(5*%)0# /-&# %,# ,-%# (=&*.*&9#

')/4%00*/--%55%#2*)%=&%1%-&#5*9%#(,#2/1(*-%#2%#5(#4*-(-=%#0/5*2(*)%<#2/-&#,-#T#5(#4929)(&*/-#-(&*/-(5%#

2%0#$UZ;AWQ#@##

3#\%(#1%$#CDEF!GH#B4%(#"9",$#)8B:#%(+%().#*"-1%-#:#c"(+%$7#5'-&8/%(+#*.,$=.%#B48+",$#)8B:#.(#*%.#)"($#&%$#+-.&$#

1:# %+# *.,$# B%# *%($%# =.4:# c"(+%$# &4%$+# 1:# =.4,1# ># "# %.# 1%$# *-%/,2-%$# @#t&'$$'1,%$#J7# :# 148*'=.%# &48+",+# $.-# .(%#

B'.-(8%7# 1:#B%#&-',$#=.%#&4%$+#&"--8/%(+#$.-#+-',$# B'.-$7#'<#>4"#)%$#-%(&'(+-%$7#)%$#5'-./$7#$.-#14GHH7#:#148*'=.%#

&48+",+# =."()#/M/%# 9-",/%(+# 1%# )8/"--"0%# )%# &%#/'.9%/%(+# 1:7# %+# &'//%#/',# &4%$+# 9-",# =.%# )%# *"-#/'(#

+-"9",17# $.-+'.+# :# c"(+%$# B48+",$# )"($# +'.+# &%# =.,# 8+",+# DFG# N,($%-+,'(# *"-# 14"&+,9,+8# 8&'('/,=.%P7# *.,$=.%# B%#

/4'&&.*",$#)%#*.61,&$#%(#),55,&.1+87#%(#,($%-+,'(7#)'(&#+'.$#&%$#-8$%".3#1:#B%#1%$#&'((",$$",$#6,%(7#1%$#"$$'&,"+,'($#

,(+%-/8),",-%$7#1%$#%(+-%*-,$%$#)4,($%-+,'(7#%+#&%#=.,#&'//%(I",+#:#)8/"--%-#1:#)"($#1%#)89%1'**%/%(+#).-"61%7#

"9%&#1%#+-,7#&48+",+#/'(#-8$%".#".$$,#*-'5%$$,'((%1#8#I'LD#o#%-&)%&*%-#!!K#

#

A%# &)/*0*N1%# %&# 2%)-*%)# &7'%# 2>%V'9)*%-=%# %0&# =%5,*# 2>,-# 1/-2%# ')/4%00*/--%5# =/11%# @#&'(+-%?

/')21%# )%# 14,/*1,&"+,'(# &,+'>%((%JL# A%0# J# =*:(5*%)0# )%0&(-&# &)(.(*55%-&# '/,)# 2%0# %-&)%')*0%0#

3#=5(00*+,%0#8<#./*)#=('*&(5*0&*+,%0<#=/11%#2%0#:)(-20#:)/,'%0#*-2,0&)*%50L#A(#&/&(5*&9<#2*0%-&#-%#'(0g#

-%#'5,0# 0%# 0%-&*)# &/&(5%1%-&#%-#(==/)2#(.%=# 5%,)#1*5*%,#')/4%00*/--%5<# =%)&(*-0# 0>*-&%))/:%-&# 0,)# 5%#

0%-0# 2%# 5%,)# ')(&*+,%# %&# 5>*1'(=&# %-.*)/--%1%-&(5<# 0/=*(5<# 9=/-/1*+,%# 2%# 5%,)# 19&*%)L# U=*<# =>%0&#

5>(0719&)*%# %-&)%# 5%# 070&N1%# 2%# .(5%,)0# '%)0/--%55%0# %&# ')/4%00*/--%55%0<# +,*# (# ',# 4(./)*0%)# ,-#

*-.%0&*00%1%-&#%-#2%B/)0#2,#1/-2%#2,#&)(.(*5#@#

3#C4%$+#*%.+?M+-%#".$$,#.(%# -8"&+,'(#).# 5",+#)%# -%(+-%-# &A%U#Y,&A%1,(7#)"($#.(#0-"()#0-'.*%7#'<# +4%$# $.-#)%# 1"#

*-').&+,'(#)%#*(%.$#7#'<#+4%$#$.-#1%#/'()%#,().$+-,%17#%+#".#)86.+#B%#/%#),$",$#=.%#B4"9",$#.(#*-'612/%#$.-#1%#5",+#

)%#+-"9",11%-#*'.-#.(#0-"()#,().$+-,%17#=."()#B48+",$#%(#$'&,8+8#)%#&'($%,17#5,("1%/%(+#+.#9%()$#=.%#).#&%-9%".7#

)'(&#+.#(4"$#*"$#&%++%#('+,'(#)%#@#,1#5".+#*-').,-%#+'.B'.-$#*1.$#J7#I"#$%-+#%(#*1.$#1%#/,1,%.#)%#1"#/'6,1,+87#)'(&#

)%#1"#9',+.-%7#)'(&#=.%1=.%#&A'$%#=.,#*'11.%#6%".&'.*7#B48+",$#.(#*%.#B%#*%($%#%(#-8"&+,'(#8#I'LD#o#%-&)%&*%-#!OK#

3#a4",#5",+#.(%#5,1,2-%#"8-'(".+,=.%7#&4%$+#*"$#*"-#)85".+#/",$#*-%$=.%7#*"-&%#=.4%(#5",+#/'(#*2-%#".$$,#8+",+#)"($#

14"8-'(".+,=.%7#)'(&#&48+",+#@#+.#5%-"$#&'//%#/',#/'(#5,1$#J7#&48+",+#.(#*%.#I"#)"($#1%#5'()7#B4",#*-,$#.(%#5,1,2-%#

,().$+-,%11%# &'//%# I"7# .(%# 5,1,2-%# "8-'(".+,=.%# =.,# )"($# 1%# 5'()# %$+# +-2$# 0'.-/"()%# %(# 8(%-0,%7# &4%$+# *"$#

5-"(&A%/%(+#&'/*"+,61%#"9%&#&%#=.%#B%#*%($%#9-",/%(+#N-,-%P7#)'(&#1"#-8*'($%#('(#J#I'LC#o#%-&)%&*%-#!"KL#

#

OLCL#h92*(0#%&#/,.)(:%0#2%#)949)%-=%0#

A(# 0'BN)%# 192*(&*+,%# IX/,)-(,V<# &959.*0*/-<# *-&%)-%&K<# %&# &/,&# 5%0# /,.)(:%0# +,*# /-&# &)(*&0# T# 5(#

=/--(*00(-=%#I5*.)%0#%&#)%.,%0K#'%,.%-&#'()&*=*'%)#T#5(#=/-0&),=&*/-#2>,-%#=/-=%'&*/-#*29/5/:*+,%#%&#

.(5/)*%55%# 2>,-# *-2*.*2,L# # \)/*0# =*:(5*%)0# 4/-&# )949)%-=%# T# =%#1/2%# 2%# 2*44,0*/-# 2,# 0(./*)<# 2%# 4(^/-#

*"$$,9%#I)9=%'&*/--%)#2%#5>*-4/)1(&*/-K#/,#"&+,9%#I=B%)=B%)#2%#5>*-4/)1(&*/-K#@#

! !OS#

#3#*.,$#*-'0-%$$,9%/%(+#%(#1,$"(+7#%(#-%0"-)"(+#)%$#-%*'-+"0%$7#)%$#&A'$%$#&'//%#I"7#'(#$%#-%()#&'/+%#=.%#1%#

/')21%#(4%$+#*"$#6'(7#1%$#$&"()"1%$#)%#$"(+8#*.61,=.%#=.,#"--,9%(+#:#+-"($*"-",+-%7#'.",$#'(#$%#-%()#&'/*+%#)%#

I"#J#I'LD#o#%-&)%&*%-#!"K#

@## NOP# a4"9",$# %(+%().# )%$# 8/,$$,'($# :# 1"# -"),'7# B4"9",$# 8+8# $.-# ,(+%-(%+# *'.-# 5",-%# )%$# -%&A%-&A%$# %+# B4"9",$#

%(+%().#*"-18#)%#n,("($'17#&4%$+#.(#'-0"(,$/%#=.,#$4'&&.*%#)%#5,("(&%#$'1,)",-%#8#I'LD#o#%-&)%&*%-#!PK#

3#Q,$'($#=.%#)4.(#*',(+#)%#9.%#08(8-"17#=.4%$+#&%#=.%#&4%$+#=.4.(%#CDEF!GH7#&'//%(+#I"#%3,$+%#%+#+'.+#I"7#&4%$+#

)%# 1"# *-%$$%# ("+,'("1%7# >4"# 1'(0+%/*$7#/',# B%# $.,$# "6'((8# :# .(# B'.-("1# =.,# $4"**%11%# _'1,+,$# =.,# %3,$+%# )%*.,$#

dimd?mX#)'(&# I"#)"+%#*"$#)4".B'.-)4A.,7# &4%$+#.(#A%6)'/")",-%#=.,# %3,$+%#)%*.,$#)'(&#dimd7# $,# B4%(#",# 1'.*8#

)%.3#(./8-'$#&4%$+#1%#6'.+#).#/'()%#8#I'L!P#o#%-&)%&*%-#"KL#

#

#OLDL#z5,V#1*:)(&/*)%0#

A%0# 45,V# 1*:)(&/*)%0# I./7(:%0<# 2919-(:%1%-&0K# '%,.%-&# 9:(5%1%-&# ?&)%# '%)^,0# =/11%# 2%0#

4(=*5*&(&%,)0# 2%# 5>*1'5*=(&*/-# =*&/7%--%L# A%# 45,V#1*:)(&/*)%#1()+,%# ,-%# ),'&,)%# I0/=*(5%<# =,5&,)%55%<#

:9/:)('B*+,%#sK#2%# 5(#'%)0/--%#(.%=#,-#%-.*)/--%1%-&#4(1*5*%)# L#A>*-2*.*2,#2/*&#('')9B%-2%)#,-%#

(,&)%#)9(5*&9<#0(-0#0%0#=(2)%0#0&),=&,)(-&0#B(E*&,%50<#4(./)*0(-&#5(#)%-=/-&)%#(.%=#2%0#,-*.%)0#0/=*(,V#

-/,.%(,VL#G%,V#%44%&0#2%0#45,V#1*:)(&/*)%0#'%,.%-&#?&)%#)%&%-,0#=/-=%)-(-&#5%0#=*:(5*%)0#@#

!%#9'>"0%#V#.(%#*-,$%#)%#&'($&,%(&%#$.-#1%#/')21%#'&&,)%(+"1#

G%,V# '%)0/--%0# /-&# 9./+,9# 5%# 4(*&# 2>(./*)# %,# 2%0# ')*0%0# 2%# =/-0=*%-=%# 0,*&%# T# ,-# 29'5(=%1%-&# T#

5>9&)(-:%)#2(-0#5%#=(2)%#')/4%00*/--%5L#F/,)#5(#')%1*N)%<#5(#=/-4)/-&(&*/-#T#,-%#(,&)%#)9(5*&9#0/=*(5%<#

5>(# (1%-9# T# 0>*-&%))/:%)# 0,)# 5%# 1/2N5%# =/-0,19)*0&%# /==*2%-&(5L# F/,)# 5(# 2%,V*N1%<# 0/-# '(00(:%#

3#B%,)%,V#8# 2(-0# ,-# '(70# &)N0# '(,.)%<# 9=/-/1*+,%1%-&<# 5,*# (# 2/--9# %-.*%# 2>(./*)# ,-%# (=&*/-#

=*&/7%--%#T#0/-#)%&/,)#%-#z)(-=%<#3#2/-#o#=/-&)%62/-#*-&%)-(&*/-(5#8#@#

@#C%++%#-851%3,'(#$.-# 1%#/')21%#"0-'?,().$+-,%17#I"#-%/'(+%#%(#5",+7#/',# B4",# 5",+#/'(#"-/8%#)'(&#%(#c'.9%11%?

C"18)'(,%#%+#=."()#'(#$%#-%+-'.9%#".#/,1,%.#)4.(%#g1%#&'//%#I"#"9%&#)%$#0%($#=.,#(4'(+#*"$#0-"()#&A'$%7#$.-#

)%$#*%+,+%$#g1%$#%+#=.,#$'(+#+-2$#A%.-%.3#%+#'(#$%#),+#@#A"#&4%$+#*%.+?M+-%#*"$#1%#6'(#/')21%#=.4'(#"#J#=.,#%$+#.(#

/')21%# +-2$#/"+8-,"1,$+%7# &4%$+# $f-%/%(+# 1:# 1"# *-%/,2-%# -851%3,'(7# '.",$# )%# 9',-# )%$# 0%($# =.,# (4'(+# -,%(7# "1'-$#

&4%$+#9-",#=.4,1$#'(+#1%#$'1%,17#,1#5",+#&A".)7#1"#("+.-%#%$+#"$$%U#&18/%(+%#/",$O#H.-+'.+#=.4"*-2$#/',#B%#$.,$#-%9%(.#

:#_"-,$7#B%#/%#$.,$#),+#=.%#I"#(4"11",+#*"$#J#N*;j#K#%(+-%+,%(#deP#

@#Y"#*-%/,2-%#%3*8-,%(&%#&48+",+#)"($#1"#$'1,)"-,+8#,(+%-("+,'("1%7#B4"9",$#el#"($7#*"-&%#=.%#&'//%#B4",#+-"9",118#

%(#u"h+,7#B%#$"9",$#=.%#B4%$$",%-",$#)%#-%()-%#:#&%#*">$#&%#=.4,1#/4"9",+#)'((87#%+#%55%&+,9%/%(+#:#c"(+%$#>4"9",+#

.(%#"$$'&,"+,'(#=.,#$48+",+#/'(+8%7#%(#$'1,)"-,+8#"9%&#u"h+,7#I"#/%#&'(9%(",+#+-2$#6,%(7#&48+",+#.(%#*%+,+%#"$$'47#

"9%&#.(#*%+,+#*-'B%+7#6,%(#)85,(,#J#I'L"#o#%-&)%&*%-#!!K#

#

CA"(0%/%(+#)%#-80,'(#V#14"$$'&,"+,57#*'-+%#)4%(+-8%#)4.(#('.9%".#-8$%".#$'&,"1#

! !Oe#

;,# 1/*-0# B,*&# =*:(5*%)0<# =/-4)/-&90# T# 2%0# 45,V# 1*:)(&/*)%0<# %00%-&*%55%1%-&# 5*90# T# 5(# 0'BN)%#

')/4%00*/--%55%<#0%#0/-&#&/,)-90#.%)0#5%#2/1(*-%#(00/=*(&*4#'/,)#&*00%)#2%#-/,.%(,V#5*%-0#0/=*(,V<#5(#

1(X/)*&9#0>9&(*&#29XT# *1'5*+,9#2%# 4(^/-#=*&/7%--%<#1(*0#'/,)#=%)&(*-0#=%5(#(#1()+,9#,-%#)%-=/-&)%#

(.%=# =%# 0%=&%,)L# $%# =B/*V# '%,&# ?&)%# )%-4/)=9# '()# 5%# 4(*&# +,%# 5(# )9:*/-# ;,.%):-%# %0&# T# 2/1*-(-&%#

),)(5%<#5%#1/-2%#(00/=*(&*4#%0&#,-#2%0#1/7%-0#'/,)#(./*)#(==N0#T#&/,&#,-#)90%(,#2%#=/--(*00(-=%0#@#

*)NOP#B48+",$# )"($# .(#/,1,%.# )%# &'($.1+,(07# +-2$# +'.-(8# 6.$,(%$$7# %(#/')%# @#B%# )8&'.9-%# 1%#/'()%7# B%# 9'>"0%#

*"-+'.+7#B%#5",$#).#&'.&A$.-5,(0#J7#9',1:#%+#B%#$.,$#*"$$8%#)%#&%#/,1,%.#:#@#>4"#*1.$#+'.+#I"#%+#B%#&'/61%#*"-#=.',#

)4".+-%#NOP#a%#*%($%#=.%#1%#5",+#)%#$%#-%+-'.9%-#)8B:#)"($#.(%#U'(%#-.-"1%7#$"($#$"#5"/,11%7#$"($#$%$#"/,$7#)'(&#

$"($# +'(# &%-&1%# A"6,+.%1# )%# *%($8%$# 5,("1%/%(+7# %+# =.%# +.# +%# ),$# @#6%(#=.4%$+?&%# =.,#/4,(+8-%$$%# 7#J# %+# +.# 9"$#

0-"++%-#:#)-',+%7#:#0".&A%#%+#=.%#+.#+%#),$#@#6%(#I"#(%#/%#*"-1%#*"$7#'.#*1.$7#B%#(4",#*1.$#%(9,%#)%#I"7#B%#$.,$#.(#

*%.#)80'.+8%#).#$>$+2/%#8#I'L#j#%+#J#o#%-&)%&*%-#!"K##

@#NOP#%(#"--,9"(+#,&,7#B4",#8+8#/,1,+"(+#:#1"#C'(58)8-"+,'(#_">$"((%#).#C"(+"17#B4",#8+8#$%&-8+",-%7#),$'($#=.%#$,#'(#

9%.+#9',-#)4".+-%$#+M+%$7#)%$#0%($#)%#$'(#o0%#%(#A"6,+"(+#:#!.0"-)%7#,1#5".+#$',+#",/%-#1%#5''+7#%+#5",-%#*"-+,%#).#

&1.6#)%#!.0"-)%7#5''+#%+#*8+"(=.%#'.#"1'-$#-%(+-%-#)"($#.(%#"$$'&,"+,'(#'.#=.%1=.%#&A'$%#&'//%#I"7#)'(&#('.$#

".#(,9%".#"0-,&'1%7# 1%# +-.&#)%# 5",-%#)%$# &A29-%$# $.-#)%$#*%+,+%$# 5%-/%$#=.,# +-"9",11'($#*1.+W+# %(#6,'7#*1.+W+# %(#

9%(+%#),-%&+%7#6%(#1%#*-'0-"//%#&4%$+#&%1.,#)%#1"#C'(58)8-"+,'(#_">$"((%#8#I'L]#o#%-&)%&*%-#OKL#

#

OLJL#[-%#')%1*N)%#*1'5*=(&*/-#=*&/7%--%##

A(# +,(0*6&/&(5*&9# I!"# 0,)# !CK# 2%# 5>9=B(-&*55/-# 2%0# %-+,?&90# (# %,# (,# =/,)0# 2%# 0/-# '()=/,)0# ,-%#

%V'9)*%-=%<# ./*)%# '5,0*%,)0# '/,)# =%)&(*-0<# 2>*1'5*=(&*/-# =*&/7%--%# (.(-&# 2>%-&)%)# 2(-0# ,-# =5,E#

$UZ;AWQ# I07-2*=(5*01%<# '()&*# '/5*&*+,%<# (00/=*(&*/-0KL# $%&&%# ')%1*N)%# *1'5*=(&*/-<# ->%0&# %55%61?1%<#

'(0# 2u# T# ,-# B(0()2<# =>%0&# 29XT# 5%# ')/2,*&# 2%# 5(# =/-0&),=&*/-# 2>,-# 070&N1%# 2%# .(5%,)0L# G(-0# ,-%#

0%=/-2%#'()&*%#-/,0# )%.*%-2)/-0# 0,)# 5%0# 9&('%0#2%# 5>*1'5*=(&*/-#(4*-#2%#1*%,V# =/1')%-2)%#+,%55%0#

0/-&#5%0#1/&*.(&*/-0#2>,-#')%1*%)#*-.%0&*00%1%-&#%&#T#+,%5#1/1%-&#*-&%).*%--%-&#5%0#$UZ;AWQ#2(-0#

5%#'()=/,)0#2>,-#*-2*.*2,L##

! !"P#

"L#[-#=/-&%V&%#B*0&/)*+,%#%&#'/5*&*+,%#0*&,9#

A%0#'()=/,)0#2%0#'%)0/--%0#)%-=/-&)9%0#0>*-0=)*.%-&#(,#0%*-#2>,-%#B*0&/*)%#'/-=&,9%#2>9.9-%1%-&0#

'/5*&*+,%0# -(&*/-(,V# %&g/,# *-&%)-(&*/-(,VL# A%# =/-&%V&%# B*0&/)*+,%# '%,&# (./*)# ,-# )H5%# 0/=*(5*0(&%,)#

I-/&(11%-&#'/5*&*+,%K#2%#2%,V# 4(^/-0#@#3#Q4"6'-)#)"($# 1"#*-"+,=.%#V# 1"#*"-+,&,*"+,'(#:#.(%#*8-,')%#

*%()"(+# 1"=.%11%# $%# )8-'.1%# .(# 5",+# /"-=."(+# )%# 14A,$+',-%# *'1,+,=.%# &'().,+# 1%$# ,(),9,).$# K# %(#

*"-+,&.1,%-# 1%$# B%.(%$# 08(8-"+,'($# K# :# &'/61%-# 1%.-# -%+"-)# %(# +%-/%# )4%3*8-,%(&%# *'1,+,=.%;# G($.,+%#

)"($# 1%$# -%*-8$%(+"+,'($7# *.,$=.%# &%$# 892(%/%(+$# 5'(+# 14'6B%+# )%# -%)85,(,+,'($# %+# )%##

&'//8/'-"+,'($7#%+#*"-5',$#)%#)86"+#".+'.-#)%#&%++%#/8/',-%#&'11%&+,9%;#D1#5".+#)'(&#"9',-#:#14%$*-,+#

=.%#&%-+",($#892(%/%(+$#*%.9%(+#"&&818-%-#1"#$'&,"1,$"+,'(#*'1,+,=.%7#+'.+#%(#-%1"+,9,$"(+#1%$#%55%+$#)%#

@#08(8-"+,'($#8DeL# F5,0*%,)0# =*:(5*%)0<# '()5%-&# 2%# 5>*-45,%-=%# 2>,-# =/-&%V&%# '/5*&*+,%# /,# 2%# 5(#

'()&*=*'(&*/-#T#,-#1/,.%1%-&#0/=*(5<#0,)#5%0#2*1%-0*/-0#*29/5/:*+,%0#/,#.(5/)*%55%0#2%#5%,)#*2%-&*&9<#

5%0#(7(-&#(1%-9#-/&(11%-&#T#0>*1'5*+,%)L#

"L!L#A%0#(--9%0#'/0&6JS##

$%)&(*-0# 0%# 0/,.*%--%-&# 2%# 5(# '9)*/2%# '/0&6JS<# T# 0(./*)# +,%# 3#1(*# JS#8# (# 0*:-9# ,-%# 2%0# ),'&,)%0#

1()+,(-&%0#2%# 5mB*0&/*)%#=/-&%1'/)(*-%#4)(-^(*0%#2>,-#'/*-&#2%#.,%#=,5&,)%55%<#0/=*(5%#%&#'/5*&*+,%<#

%-# )%1%&&(-&#%-# =(,0%# &/,&%# 5(# 0/=*9&9# &)(2*&*/--%55%#%&# 5%#'/,./*)# :(,55*0&%#%-#'5(=%L# A>(')N0#JS#(#

2/--9#5*%,#T#2%#-/1E)%,0%0#*-*&*(&*.%0#1*5*&(-&%0<#1()+,9%0#'/5*&*+,%1%-&#T#:(,=B%#@#

3#C4%$+#.(#&A',3#@#*'1,+,=.%#J7#B%#(4",/%#*"$#1%#/'+#*'1,+,=.%#*"-&%#=.%#B%#(%#$.,$#*"$#.(%#+A8'-,&,%((%7#/",$#'.,#

&4%$+#.(%# 5"I'(#)4"0,-7# 5".+#),-%#/',# B4"9",$#dk#"($#%(#km7#)'(&#dk#"($# B%#(4",# -,%(#9.#*"$$%-#)%#km7#/",$#*"-#

&'(+-%#14"*-2$7#1%$#*-,$%$#)%#*'$,+,'($#*'1,+,=.%$#%+#1%$#-851%3,'($#$.-#@#=.4%$+?&%#=.%#B%#5",$#)%#/"#9,%7#=.4%$+?&%#

=.%# B%# 5",$# )"($# 1"# $'&,8+87# &'//%(+# B%# /%# *'$,+,'((%#[#J7# '.,# B4",# 6,%(# *"-+,&,*8# :# +'.+# I"7# "9%&# +'.$# 1%$#

/'.9%/%(+$#=.%#B4",#*.#9',-#*"$$%-7#"9%&#)%$#+o+'((%/%(+$7#B%#$.,$#.(#*%.#"118%#9',-#+'.$#1%$#+-.&$#=.,#*'.9",%(+#

*"$$%-#8#I'LC#o#%-&)%&*%-#]K#

#

"LOL#A(#.*=&/*)%#0/=*(5*0&%#(,V#')90*2%-&*%55%0#2%#!eS!#

G(-0# 5%0# (--9%0# !e]P<# 5(# 0/=*9&9# 4)(-^(*0%# =/--(M&# 2%# ')/4/-2%0# 1,&(&*/-0# I,)E(-*0(&*/-<#

29.%5/''%1%-&#2%0#=5(00%0#1/7%--%0#0(5()*9%0<#())*.9%#T#1(&,)*&9#2%0#:9-9)(&*/-0#2,#E(E76E//1<#

491*-*01%<# )%=,5# 2%0# .(5%,)0# =/-0%).(&)*=%0KL# [-# .%-&# 2>%0'/*)# %&# 2%# )%-/,.%(,# 0/,445%# (5/)0# '/,)#

&/,&%# ,-%# '()&*%# 2%# 5(# '/',5(&*/-<# =%&&%# 91,5(&*/-# =/55%=&*.%<# 5(*00%# 5(# ./*%# T# ,-%# /,.%)&,)%# 2%0#

'/00*E5%0<#,-#=*:(5*%)#0%#)(''%55%#=%#1/1%-&#4/)&#2%#0(#X%,-%00%#@#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!De##

! !"!#

@#`.,#6%(#B4",#)%$#&'(9,&+,'($#*'1,+,=.%$#"55,-/8%$#=.,#$'(+#*1.+W+#)%#0".&A%#%+#+'.+#I"#"#)8/"--8#%(#dimd7#)'(&#

"--,98%#)%#Y,++%--"()#".#*'.9',-7#%+#B%#/4%(#$'.9,%($#+'.B'.-$7#&4%$+#.(%#"(%&)'+%7#/",$#=.,#"#+-"&8#.(#*%+,+#*%.#

/'(#*"-&'.-$#"*-2$7#)'(&#/'(#*2-%#&'//%#B%#+%#),$",$7#*">$"(7# 1.,#+-2$#"(&-8#:#)-',+%7#0,$&"-),%(7#_'/*,)'.#

%+&;#G+#)'(&#=."()#14,/"0%#)%#Y,++%--"()#$4%$+#"55,&A8%7#/'(#*2-%#"7#B%#/%#$'.9,%($#)%#&%++%#*A-"$%7#),+#@#]'."#

&4%$+#1"#0.%--%#J7#@#]'."#&4%$+#1"#0.%--%#J#N-,-%P7#B4",#),+#@#B%#(%#&'/*-%()#*"$#=.',7#,1#(%#/%#$%/61%#*"$#=.%#&%#

*%-$'(("0%#('.$#"/2(%#1"#0.%--%#%(#n-"(&%#J7#%+#).#&'.*#B%#/%#$.,$#9"&A%/%(+#=.%$+,'((87#B%#/%#$.,$#),+#=.%#

I"#(%#*'.9",+#*"$#M+-%#&'//%#I"7#=.4,1#>#"9",+#)4".+-%$#&A'$%$#:#&'/*-%()-%#J#I'LC#o#%-&)%&*%-#SK#

#

"L"L#A%0#(--9%0#!eeP#%&#5>91%):%-=%#2%#5>(5&%)1/-2*(5*01%#

A%0# (--9%0# !e]P6!eSP# ./*%-&# 5>(''()*&*/-# 2%# =%# +,>/-# (''%55%)(# 5>9=/-/1*%# 0/5*2(*)%<# 4(=%# T# 5(#

1/-&9%# 2%0# *-9:(5*&90# 0/=*(5%0# %&# 2%# '/5*&*+,%0# -9/65*E9)(5%0L# G(-0# ,-# =/-&%V&%# 2%# )%0&),=&,)(&*/-#

*-2,0&)*%55%#E(09%#0,)#,-%#=/1'9&*&*.*&9#*-&%)-(&*/-(5%<#5%#=BH1(:%#%-)%:*0&)%#%-#2*V#(-0#,-%#1/-&9%#

)('*2%<# '(00(-&# 2%# "{# T# J{<# ',*0# T# e{# %-# !eSDL# A(# )9'/-0%# -9/65*E9)(5%#@# )%2/--%)# (,#1()=B9# 0(#

=('(=*&9# 2>(,&/)9:,5(&*/-L# $>%0&# 2(-0# =%# '(70(:%# +,>(''()(M&<# ,-%# 4/,5%# 2>*-*&*(&*.%0# 9'()0%0<#

290/)2/--9%0<# B(0()2%,0%0# IF)(2%0# OPP]K<# *-0&*&,&*/--(5*09%0# %-# z)(-=%# 0/,0# 5%# -/1# 2>9=/-/1*%#

0/5*2(*)%L# $%0# %V'9)*%-=%0# &)(2,*0%-&# 5%0# 1/,.%1%-&0# 2>(,&/6/):(-*0(&*/-# 2%0# (--9%0# !e]P# +,*#

2/--%)/-&#5*%,#T#2*.%)0%0#*-*&*(&*.%0#(,X/,)2>B,*#192*(&*09%0#=/11%#5%0#;h;FL#G(-0#=%&&%#=/-&*-,*&9#

-(M&)(# ,-# (,&)%# 1/,.%1%-&# =%5,*# 2%# 5>(5&%)1/-2*(5*01%# @#.(%# 9"$+%# )>("/,=.%# $'&,"1%7# )'(+#

148/%-0%(&%# -%/'(+%# :# 1"# 5,(# )%$# "((8%$# ir;# q%1"+,9%/%(+# A8+8-'02(%7# ,1# $%# -"**-'&A%# *1.$# )4.(# @#

-8$%".#)%# -8$%".3#J7#)4.(%#@#)>("/,=.%#J#'.#)4.(%#@#(86.1%.$%#J#=.%#)4.(#/'.9%/%(+#$'&,"1# N".#

$%($# =.%# 1.,# )'((%(+# 1%$# $'&,'1'0.%$P;# F.+'.-# )%# /'+$# )4'-)-%# +%1$# =.%# @# 1%# /'()%# (4%$+# *"$# .(%#

/"-&A"(),$%#J7#'.#%(&'-%#@#.(#".+-%#/'()%#%$+#*'$$,61%#J7#1"#)>("/,=.%#"1+%-/'(),"1,$+%#-"$$%/61%#

%(# %55%+7# ".# 0-8# )%# $%$# /'6,1,$"+,'($7# )%$# "&+%.-$# ,$$.$# ).# $>(),&"1,$/%# N'.9-,%-# &'//%# *">$"(7#

$>(),&"+$# A,$+'-,=.%$# &'//%# @# ('.9%".3# J# $>(),&"+$# &-88$# :# 1"# 5,(# )%$# "((8%$# dimr# v# )86.+# )%$#

"((8%$#irP7#)%$#`cE#,$$.%$#).#&'.-"(+#+,%-$?/'(),$+%7#)%$#'-0"(,$"+,'($#&"-,+"+,9%$7#)%$#&%(+-%$#)%#

-%&A%-&A%7#)%$#/'.9%/%(+$#)%#@#$"($#J#N1'0%/%(+7#+-"9",17#*"*,%-$P7#)%$#58/,(,$+%$7#)%$#8&'1'0,$+%$7#

)%$#1,6%-+",-%$7#)%$#-8$%".3#,(5'-/%1$7#)%$#0-'.*%$#"55,(,+",-%$7#%+&;#8JP#@#

@#G+# &4%$+# 9-",# =.4:# &%#/'/%(+# 1:# '(# 8+",+# )8B:#:# 1"# 5,(# )%$#"((8%$#diir#%+# '(# 8+",+# )8B:# $.-# 148/%-0%(&%#)%#

14"1+%-/'(),"1,$/%7#%+#)'(&#'(#"9",+#B%#*%($%#),08-8#1"#&A.+%#).#/.-7#dr#"($#*1.$#+"-)7#"9%&#14,)8%#$f-%/%(+#=.%#

1%# &"*,+"1,$/%# 8+",+# 1%#/')21%# )'/,("(+7#/",$# *-'6"61%/%(+# =.4,1# 8+",+# *1.$# =.%# *%-5%&+,61%# %+# =.4,1# 5"11",+# $%#

&"$$%-#1"#+M+%#*'.-#+-'.9%-#)%$#$'1.+,'($7#%+#B%#),-",$#=.4".3#1'0,=.%$#)%#1.++%$#"-/8%$#=.,#$'(+#$'-+,%$#)%#/",#km7#

1:#)4.(#&'.*7#L5,(#>4"9",+#*"$#=.%#I"#)4",11%.-$7#>4"#".$$,#)%$#0%($#=.,#'(+#&A%-&A8#)%$#"1+%-("+,9%$#)"($#14"*-2$#

km#V#1%#_Hw7#14".+'0%$+,'(#%+#+'.+#I"#&4%$+#)%$#&A'$%$#=.,#'(+#%3,$+87#/",$#1:7#:#1"#5,(#)%$#"((8%$#ir7#B%#*%($%#=.4,1#

>#"#%.#6%".&'.*#)%# $%&+%.-$#".+'.-#)%$=.%1$#)%$#0%($#'(+7# 89,)%//%(+#6,%(# $f-#)4"6'-)# &'(+%$+87#/",$#*"-#

%3%/*1%#/M/%#.(#/'.9%/%(+#&'//%#F^^FC7#&4%$+#.(#/'.9%/%(+#)%#*-'*'$,+,'(7#&4%$+#.(%#*-'*'$,+,'(#*'.-#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!JP# ;&&(=# \/,5/,0%<# 3#;5&%)1/-2*(5*01%#8<# I2/=,1%-&# %-# 5*:-%<# =/-0,5&9# 5%# OP!C6Pe6OPK<# B&&'@ggwwwL(&&(=6&/,5/,0%L/):g0'*'L'B'b'(:%|:)/,'%}:)/,'%|S#

! !"O#

.(%# +"3%# $*8&,5,=.%7# *.,$# )%--,2-%# $'(+# "--,98$7# 6'(# 1%$# CDEF!GH# *-8%3,$+",%(+7# /",$# 1"# 5,("(&%# $'1,)",-%# $4%$+#

-%(5'-&8%#&'($,)8-"61%/%(+7# 1%#/,&-'?&-8),+7# 1%$#FYF_7# L5,(#%+&;# Ln,(#9',1:#I"#"#'.9%-+#.(%#*8-,')%#:#/'(#$%($#

"$$%U#-,&A%#%(#+%-/%#)4%(0"0%/%(+#8#I'LD#o%-&)%&*%-#!CK#

#

"LCL#A(#:9-9)(&*/-#$FW#

[-# =*:(5*%)# '5,0# X%,-%# 0%# 0/,.*%-&# (./*)<# '/,)# 0(#')%1*N)%#'()&*=*'(&*/-#T#,-#1/,.%1%-&<# 9&9# &)N0#

*1'5*+,9#4(=%#(,#')/X%&#2%#5/*#*-0&*&,(-&#%-#z)(-=%#5%#=/-&)(&#')%1*N)%#%1E(,=B%#I$FWKL#A%#$FW<#X,:9#

=/11%# ,-# =/-&)(&# ')9=(*)%<# 4(*&# -(M&)%# 2%# 4/)&%# 1/E*5*0(&*/-# 2(-0# 5%# 1/-2%# 9&,2*(-&# %&# 57=9%-<#

0/,&%-,#'()#2%0#'()&*0#'/5*&*+,%0#%&#'()#5(#'5,'()&#2%0#07-2*=(&0#%-#OPPJ#@#

3#F.# (,9%".# *'1,+,=.%# '.,# 9,+%# 5",+7# &4%$+# 1%$#/"(,5$# ).# C_G# :# 148*'=.%7# &48+",+# *"$# 5'-&8/%(+# "38# $.-# .(# &W+8#

*'1,+,=.%#'(#9"#),-%7#/",$#&48+",+#&'(+-%#1%#0'.9%-(%/%(+#:#1#L8*'=.%7#)'(&#1%#+%/*$#)%$#/"(,5$#'.,#B4"9",$#8+8#

"$$%U#%(0"08#1:?)%$$.$7#.(#*%.#)8$"6.$8#"*-2$#".$$,#8#I'LJ#o#%-&)%&*%-#CK#

#

"LDL#A(#=)*0%#2%0#3#0,E')*1%0#8#%-#OPP]#

A(# =)*0%# 2%0# 3#0,E')*1%0#8# I')?&0# T# B(,&# )*0+,%K# %0&# ,-%# =)*0%# 4*-(-=*N)%# +,*# (# 2>(E/)2# &/,=B9# 5%#

0%=&%,)# 2%# 5m*11/E*5*%)<# ',*0# +,*# 0>%0&# ')/'(:9%# T# 5m9=/-/1*%# 1/-2*(5%# T# '()&*)# 2%# OPP]L# A%0#

3#0,E')*1%0#8#0/-&#2%0#=)92*&0#*11/E*5*%)0#T#&(,V#.()*(E5%0#')(&*+,90#-/&(11%-&#(,V#~&(&06[-*0L#$%0#

2%)-*%)0# 9&(*%-&# X,:90# )*0+,90#1(*0# )%-&(E5%0# &(-&# +,%# 5%# =/,)0# 2%# 5m*11/E*5*%)# (19)*=(*-# 9&(*&# %-#

B(,00%# )('*2%L# $%'%-2(-&# 5/)0+,%# 5%0# 19-(:%0<# -%# '/,.(-&# '5,0# 4(*)%# 4(=%# (,V# &(,V# 2m*-&9)?&0#

.()*(E5%0<#-m/-&#'(0#',#)%1E/,)0%)#5%,)0#=)92*&0<#=m%0&#&/,&#5%#070&N1%#+,*#0m%0&#%44/-2)9#')/./+,(-&#

5(#=B,&%#2%0# &*&)%0L# A%0#=*:(5*%)0#->/-&#'(0#9./+,9#=%&#9.9-%1%-&# &)N0#192*(&*09#2*)%=&%1%-&<#1(*0#

-/,0#'/,./-0#'%-0%)#+,>*5#(#'()&*=*'9#T#(5*1%-&%)#5%#0%-&*1%-&#2%#294*(-=%#2%0#*-2*.*2,0#%&#'%,&6?&)%#

2%#=%)&(*-0#=*:(5*%)0<#4(=%#(,#070&N1%#E(-=(*)%#%&#T#5(#0'9=,5(&*/-#4*-(-=*N)%L#

#

! !""#

CL#[-#5*%-#'()&*=,5*%)#(,#&%))*&/*)%#

Q*# 5>(-(570%#2%0#%-&)%&*%-0#(#1/-&)9#+,%# 5%0# 4(=*5*&(&%,)0#2%# 5>*1'5*=(&*/-#=*:(5*N)%#'/,.(*%-&#?&)%# 5%#

)90,5&(&# 2%# 0/=*(5*0(&*/-0# /,# 2,# =/-&%V&%# '/5*&*+,%# %&# B*0&/)*+,%<# 5(# )%5(&*/-# (,# &%))*&/*)%# 2%0#

'%)0/--%0# )%-=/-&)9%0# %-# %-&)%&*%-# '%,&# ?&)%# 9:(5%1%-&# ,-# 4(=&%,)# %V'5*=(&*4L# F5,0*%,)0# 9591%-&0#

(1N-%-&# T# '%-0%)# +,%# 5%# 4(*&# 2%# 0>*1'5*+,%)# 2(-0# ,-# =5,E# $UZ;AWQ<# %0&# (,00*# 5*9# T# ,-%# )%5(&*/-#

'()&*=,5*N)%#(,#&%))*&/*)%#2%#.*%L#

(L#A>;,.%):-%<#,-#&%))*&/*)%#=B/*0*#'/,)#0>*-0&(55%)#2,)(E5%1%-&#

A%0# %-&)%&*%-0# /-&# )9.959# +,%# 5(# &/&(5*&9# 2%0# =*:(5*%)0<# 1*:)(-&0# /,# -/-<# /-&# =B/*0*# 2%# 0>*-0&(55%)#

2,)(E5%1%-&#%-#;,.%):-%L#[-#0%,5#=*:(5*%)#2%.(*&#+,*&&%)#5(#)9:*/-#'/,)#)%X/*-2)%#0(#=/1'(:-%<#1(*0#

')/X%&(*&#2>7#)%.%-*)#2N0#+,%#5>/==(0*/-#5%#'%)1%&&)(*&L#F)%,.%#2%#=%&&%#*-0&(55(&*/-#0,)#5%#5/-:#&%)1%<#

!O#2%0#!C#=*:(5*%)0# 0/-&#')/')*9&(*)%0<# 5%0#2%,V#'%)0/--%0# )%0&(-&%0# 4(*0(-&#'()&*%#2%0#1/*-0#2%#"D#

(-0#%&#9&(-&#0,)#5%#&%))*&/*)%#(,.%):-(&#2%',*0#OP!P#%&#OP!!L#D#'%)0/--%0#0/-&#/)*:*-(*)%0#2%#5(#)9:*/-#

;,.%):-%L#U5#%0&#*-&9)%00(-&#2%#./*)#+,%#5(#1/*&*9#2%#5>9=B(-&*55/-#I]#=*:(5*%)0K#0/-&#*-0&(5590#%-#1*5*%,#

),)(5#2/-&#D#+,*#-%#0/-&#'(0#/)*:*-(*)%0#2%#5(#)9:*/-#;,.%):-%<#J#%-#1*5*%,#,)E(*-#%&#!#%-#1*5*%,#'9)*6

,)E(*-L##

EL#A%#=B/*V#2%#5(#=/11,-%#@#5%0#1/&*.(&*/-0#2%#5>*-0&(55(&*/-#

;4*-#2%#1*%,V#=/1')%-2)%# 5%#)(''/)&#(,#&%))*&/*)%#2%0#=*:(5*%)0<#-/,0#-/,0#0/11%0# *-&9)%0090#'5,0#

')9=*091%-&#(,V#1/&*.(&*/-0#2,#=B/*V#2%#5(#=/11,-%#/,#'5,0#5():%1%-&#2,#&%))*&/*)%#(,.%):-(&<#=%0#

1/&*.(&*/-0# 0/-&# 5*9%0# T# 2%0# 9591%-&0# )(&*/--%50<# 1(*0# (,00*# (,V# )%')90%-&(&*/-0# +,%# 0%# 4/-&# 5%0#

'%)0/--%0# 2,# &%))*&/*)%<# =%5(# 4(*&# 2*)%=&%1%-&# )949)%-=%# T# 5>%0'(=%# 2%# .*%# .9=,<# %0'(=%# 0/=*(5# %&# T#

5>%0'(=%#2%#.*%#'%)^,#IG*#h9/<#z)91/-&<#Z*5E%)&KL#A(#5*&&9)(&,)%#0,)#5%0#)(*0/-0#2,#=B/*V#2>,-#&%))*&/*)%#

%0&#(E/-2(-&%<#-/,0#(./-0#)%')*0# 5(#&7'/5/:*%#2%#h()*%6;--%#A%-(*-#IOP!!K#2(-0#0/-#&)(.(*5#0,)# 5%0#

1/&*.(&*/-0#2,#=B/*V#2>,-#&%))*&/*)%#2%0#=)9(&%,)0#2%#\FW#%-#1*5*%,#),)(5<#%55%0#0/-&#)%:)/,'9%0#0/,0#

&)/*0#:)(-2%0#4(1*55%0<#(,V+,%55%0#-/,0#(./-0#(X/,&9#,-%#+,(&)*N1%#@##

6 A%0#5/:*+,%0#0/=*(5%0#@#5>%-.*%#2%#)%0&%)#=B%_#0/*<#2>(55%)#%-#&%))*&/*)%#=/--,<#1/&*.(&*/-#'5,&H&#

5*9%#(,V#5*%-0#0/=*(,V#+,%#5>/-#(#&*009#�#

6 A%0#5/:*+,%0#'%)0/--%55%0#@#5%#=(2)%#2%#.*%#%&#5>(==/1'5*00%1%-&#2%#0/*#�#

6 A%0#5/:*+,%0#')/4%00*/--%55%0#@#*-&9)?&#0&)(&9:*+,%<#/''/)&,-*&9#'/,)#5>(=&*.*&9#�#

6 A%0#5/:*+,%0#4*-(-=*N)%0#@#')*V#2,#4/-=*%)<#=/u&#2%#5(#.*%L#

! !"C#

Y/,0# -%# 2*0&*-:,%)/-0# '(0# *=*# 5%0#1*:)(-&0# 2%0# -/-61*:)(-&0<# =()# (,=,-# 2%0# =*:(5*%)0# -%# .*&# 0,)# 0(#

=/11,-%#2>/)*:*-%#%&# 5(#'5,'()&#2%0# *-2*.*2,0#/)*:*-(*)%0#2%# 5(# )9:*/-#%-#0/-&#'()&*0#T#,-#1/1%-&#

2(-0#5%,)#'()=/,)0#2%#.*%L##

+,')%"-(.&,')'"$(/%,'))

$%)&(*-0#=*:(5*%)0#0/-&#.%-,0#0>*-0&(55%)#%-#;,.%):-%#/,#0/-&#)%.%-,0#0>9&(E5*)#2(-0# 5(#)9:*/-#2,#4(*&#

2>(&&(=B%0#(44%=&*.%0#I4(1*55%#/,#=/-X/*-&K#@##

@#F1'-$#+-2$#A'((M+%/%(+#".#)8*"-+#B%#9%(",$#*'.-#.(%#-",$'(#)%#&Z.-7#B%#-%B',0(",$#/'(#"/,#)%#148*'=.%#J#I'L!#o#%-&)%&*%-#!OK#

)

+,')%"-(.&,')0,1'"##,%%,')

$/-=%)-(-&#5%#=B/*V#2%#5(#=/11,-%<#2%#-/1E)%,V#=*:(5*%)0#*-0&(5590#%-#1*5*%,#),)(5<#1%&&%-&#%-#(.(-&#

2(-0# 5%,)0#1/&*.(&*/-0# 5%# =(2)%# .*%<# T# 5(# 4/*0# 5*9# T# 5>%-.*)/--%1%-&# -(&,)%5<# (,V# (=&*.*&90# 2%# '5%*-%#

-(&,)%#1(*0#(,00*#T#5(#')/V*1*&9#2%0#=/11%)=%0#%&#0%).*=%0<#./*)#5(#')/V*1*&9#2>,-#'H5%#,)E(*-L##@#

@#`(#&A%-&A",+#.(%#/",$'(#"9%&#Y;7#'(#9'.1",+# M+-%#*"$# +-'*# 1',(#)%#C1%-/'(+#'<#'(#6'$$",+# +'.$# 1%$#)%.3#%+#

=."()#'(#%$+#"--,98#:#1"#C"$$,2-%#'(#"#+'.+#)%#$.,+%#8+8#&A"-/8#*"-&%#=.4,1#>#"#1%#Eq#:#&W+87#=."()#,1#(%,0%#'(#

*%.+#/%++-%#1%$#$R,$#)2$#,&,#J#I'L!#o#%-&)%&*%-#]K#

@#`(#"#9'.1.#$%#-"**-'&A%-#).#Y"$$,5#&%(+-"1#*"-&%#=.%#1%$#F1*%$#I"#('.$#5",$",+#.(#*%.#+-'*#1',(#%+#)'(&#'(#"#

&A',$,#C1%-/'(+;#`(#9'.1",+#*"$#M+-%#:#C1%-/'(+#*"-&%#=.4'(#",/%#*"$#1"#9,11%7#'(#"#B"/",$#98&.#%(#9,11%7#'(#",/%#

6,%(# 1%$#"&+,9,+8$#)%#*1%,(%#("+.-%#)'(&#&4%$+#9-",#=.%#/',# B%#/4,/"0,(",$#*"$#$'-+,-#).#6'.1'+#%+# 5,(,-#)"($#.(#

*%+,+#"**"-+#%(#*1%,(%#&A"1%.-#:#C1%-/'(+7#B4",/%#6,%(#$'-+,-#)%#&A%U#/',7#B4",/%#6,%(#*'.9',-#/%#),-%#=.%#$,#B%#

9%.3#/%#6"1")%-#B%#*%.3#>#"11%-#=."()#B%#9%.3#%+#*"$#5'-&8/%(+#:#"9',-#:#*-%()-%#1"#9',+.-%#*'.-#1%#5",-%#%+#*.,$#

8+"(+#)'((8#=.4'(#%$+#)"($#.(%#$,+."+,'(#'<#'(#&A"(0%#)%#6'.1'+#.(#*%.#+'.+# 1%#+%/*$#".$$,#M+-%#:#C1%-/'(+#

*'.-#('.$#&48+",+#*"$#5'-&8/%(+#,(),$*%($"61%#J#I'LO#o#%-&)%&*%-#!K#

NOP#G(#5",+#:#148*'=.%#=."()#'(#$4%$+#,($+"118#,&,#'(#"9",+#)8B:#)%.3#%(5"(+$#=.,#"9",%(+#:#148*'=.%#i#%+#dd#"($7#

=."()#'(#"#)%$#%(5"(+$#)%#i#%+#dd#"($#,1#5".+#&'//%(&%-#)8B:#.(#*%+,+#*%.#:#%(9,$"0%-#1%$#8+.)%$#$.*8-,%.-%$7#

)'(&#/',#/'(#*2-%#%$+#'-,0,(",-%#)4.(#%()-',+#=.,# $4"**%11%#H",(+?Q'("+7#=.,# $%# +-'.9%#%(#)%$$'.$#)%# 1"#^'.-#

)4F.9%-0(%7#'(#"9",+#9,$,+8#.(%#'.#)%.3#/",$'($#)"($#&%++%#-80,'(7#)4.(#*',(+#)%#9.%#+'.-,$+,=.%#&48+",+#*%.+?

M+-%#/M/%#*1.$#,(+8-%$$"(+#=.4,&,#*"-&%#=.4,1#"9",+#9-",/%(+#)%.3#$",$'($7#.(%#$",$'(#)48+8#%+#.(%#$",$'(#)4A,9%-7#

"1'-$#=.4,&,#'(#"#*1.$#.(%#$",$'(#*-,(+%/*$?8+87#%(#A,9%-#'(#"#=."$,/%(+#*%-$'((%7#,&,#>4"#1%#E.8->#/",$#1%#$R,#)%#

5'()#&4%$+#*"$#=.%1=.%#&A'$%#=.,#)-",(%#6%".&'.*#)%#/'()%7#&4%$+#*"$#).#+'.+#1%#/M/%#+>*%#)%#&1,%(+21%7#)'(&#

&%#=.,#('.$#"#=."()#/M/%#"++,-8# ,&,#&4%$+# 1"# -%1"+,9%#*-'3,/,+8#)%#C1%-/'(+#=."()#/M/%7#'(#$4%$+#),+#*'.-# 1%#

1>&8%7#*.,$=.4,&,#>4"#*"$#)%#1>&8%7#>4"#.(#1>&8%#:#q'&A%5'-+?Y'(+"0(%#/",$#=.,#%$+#$%.1%/%(+#1>&8%#"0-,&'1%#)'(&#

9',1:#'(#$4%$+#),+#=.4,1#5"11",+#*"$#('(#*1.$#=.4'(#$4,($+"11%#+-'*#1',(#)4.(#9,11%#*'.-#1"#$.,+%#)%$#8+.)%$#:#*"-+,-#).#

1>&8%#J##I'LO#o#%-&)%&*%-#"K#

@#B%#$.,$#(8#:#C1%-/'(+7# B%#9,$#:#C1%-/'(+7#*"-&%#=.%#B%#$.,$#.-6",(#)%#("+.-%#%+# B4",/%#6%".&'.*#&%++%#9,11%7# B%#

$.,$#*-'*-,8+",-%#J#I'L!#o#%-&)%&*%-#!CK#

@#G+#)'(&#B%#$.,$#"--,98#1:#6%(#*"-#1%#6,",$#).#/'.9%/%(+7#B4",#9")-'.,118#$.-#1"#u".+%?!',-%7# 1%#C"(+"1#%+#B%#$.,$#

9%(.%#$.-#H",(+?\'((%+#"9"(+#+'.+#*"-&%#=.%#B%#*-"+,=.%#6%".&'.*#1"#/'(+"0(%7#14%$&"1")%7#1%#$R,7#L5,(#+'.$#1%$#

! !"D#

$*'-+$#)%#*1%,(%#("+.-%#1,8#:#1"#/'(+"0(%#%+#)'(&#B4",#-8.$$,#:#&'(&,1,%-#.(#*%.#1%#*1",$,-7#1"#/'(+"0(%7#"9%&#/'(#

+-"9",17#B4",#-8.$$,#:#"9',-#.(%#/.+"+,'(#$.-#1%#_.>?)%?QW/%7#"*-2$#1%#&A',3#)%#1"#&'//.(%7#&48+",+#1%#1,%.7#&48+",+#

1%# +%--,+',-%7# 9',1:# '(# "# &'($+-.,+# >4"# devdj# "($7# &%# +%--",(# ('.$# "# *1.7# 1"# &'//.(%7# '(# &'((",$$",+# *"$#

$*8&,"1%/%(+# 1"# &'//.(%7# 9',1:# 14%(9,-'((%/%(+# ('.$# "# *1.7# &48+",+# *1.$# *"-# ,(+8-M+# 08'0-"*A,=.%#J# I'L!# 6#%-&)%&*%-#SK#

@#G(#5",+#%(#H.,$$%#'(#9,9",+#)"($#.(#&',(#.(#*%+,+#*%.#%(#"1+,+.)%7#*"$#+-2$#A".+7#/",$#'(#",/",+#6,%(#9,9-%#.(#*%.#

*1.$# )"($# 1%$#/'(+"0(%$7# )'(&# %(# 5",+# '(# "9",+# 9,$8# C1%-/'(+?n%--"()7# *"-&%# =.%#/',# B%# *%($",$# &'(+,(.%-# :#

+-"9",11%-7#)'(&#'(#"#&A%-&A8#.(%#/",$'(#)"($#1"#*"-+,%#$.)?'.%$+#)%#C1%-/'(+?n%--"()7#&48+",+#1"#*"-+,%#x'1&"(#

%(#5",+#%+#*.,$#'(#"#+-'.98#&%++%#/",$'(#:#F>)"+7##%+#*.,$#'(#$4%$+#,($+"118#9',1:#m#"($#J#I'L!#o#%-&)%&*%-#!PK#

+,')%"-(.&,')01"2,''("##,%%,')

F/,)#2>(,&)%0#=*:(5*%)0<#=>%0&#5%,)#(=&*.*&9#')/4%00*/--%55%#+,*#(#1/&*.9#5%#=B/*V#2>*-0&(55(&*/-#2(-0#,-%#

=/11,-%#/,#5%#4(*&#2%#.%-*)#%-#;,.%):-%L#

@#_'.-#1%#&A',3#)%#1"#&'//.(%7#I"#('.$#"#*"-.+#89,)%(+#".#)8*"-+#=.4,1#>#"9",+#.(#*'+%(+,%1#+'.-,$+,=.%#,&,#'(#%$+#

:#/,#&A%/,(#%(+-%#1"#&A"g(%#)%$#_.>$#%+#1%#Y"$$,5#).#H"(&>#I'LO#o#%-&)%&*%-#"K#

@#a4A"6,+%# :# C1%-/'(+?n%--"()7# &4%$+# 1%# +-"9",1# =.,#/4"# 5",+# 9%(,-# ,&,7# $,('(# B%# (4".-",$# B"/",$# *%($8#:# 9%(,-# 1:7#

*"-&%#=.%#I"#"#=."()#/M/%#.(%#/".9",$%# ,/"0%7#/M/%#$,#.(%#5',$#=.4'(#&'(("g+#&4%$+#&''1;#s"#5",+#e#"($#%+#

)%/,#=.%#B%#$.,$#:#C1%-/'(+7#B4A"6,+%#)"($#1%#&%(+-%#9,11%7#B%#$.,$#%(#&'1'&"+,'(7##/",(+%("(+#&4%$+#.(%#-80,'(#=.%#

B4",/%#6%".&'.*#'<# B%#*'.--",$#/4,($+"11%-7# %(#*1.$#/"#&'*,(%#%$+#".9%-0("+%#%+# B%#*%($%#=.%# 1%$#".9%-0("+$#

$'(+#=."()#/M/%#"$$%U#"++"&A8$#:#1%.-#+%--%#J#I'LO#o#%-&)%&*%-#CK#

)

+,')%"-(.&,')2(#/#$(31,')

A%0#5/:*+,%0#4*-(-=*N)%0#/==,'%-&#,-%#'5(=%#*1'/)&(-&%#2(-0#5%#=B/*V#2%#0>*-0&(55%)#T#,-#%-2)/*&#0,)#5%#

&%))*&/*)%<#-/&(11%-&#5/)0+,%#5%0#'%)0/--%0#.%,5%-&#(=B%&%)#,-%#1(*0/-#@#

@#a4",#5",+#/%$#8+.)%$#"0-,&'1%$#)"($#1%$#F1*%$#)%#u".+%#_-'9%(&%#%+# 1:?6"$#.(#A%&+"-%7#.(#&",11'.#".#/,1,%.#I"#

5",$",+#Xrr#rrr#%.-'$#)'(&#&48+",+#B.$+%#,(+'.&A"61%#".#(,9%".#).#5'(&,%-#)'(&#'(#"#&A%-&A8#)"($#+'.+#1%#$.)#)%#

1"#n-"(&%#%+#'(#"#5,(,#*"-#+-'.9%-#,&,#=.%1=.%#&A'$%#=.,#8+",+#)"($#('$#*-,3#%+#'(#&A%-&A",+#1"#/'(+"0(%#%(#*1.$#

)'(&#&4%$+#6,%(7#&4%$+#9-",/%(+#*"-#A"$"-)7#'(#"9",+#9,$,+8#)%$#+-.&$#)"($#1%$#_>-8(8%$7#)%$#+-.&$#)"($#1%$#F1*%$7#

*1.$#%(#_-'9%(&%#)"($#1%#x".&1.$%7#'(#&A%-&A",+#*"-+'.+#)%*.,$#d#"(#d#%+#)%/,7#>4"#i#"($#J#I'LO#o#%-&)%&*%-#OK#

@#a4A"6,+%#:#F.6,2-%#)%*.,$#.(#"(7#'(#8+",+#*.-#%+#).-#C1%-/'(+#%+#'(#9'.1",+#-%$+%-#$.-#C1%-/'(+#/",$#14"--,98%#

).#)%.3,2/%#6868#"#5",+#=.4'(#"#)f#)8/8("0%-7#/",$#'(#"#-,%(#+-'.98#)"($#('+-%#6.)0%+7#)'(&#'(#"#)8/8("08#

:#F.6,2-%#J#I'LO#o#%-&)%&*%-#JK#

@#)'(&#B4",#A"6,+8#)"($#C1%-/'(+#%+#=."()#1%$#*%+,+$#$'(+#"--,98$7#9',1:#'(#%$+#=."()#/M/%#/,%.3#%(#/",$'(#%+#

&4%$+#.(#6'(#&'/*-'/,$#F.6,2-%7#'(#"#.(#*%+,+#6'.+#)%#+%--",(7#&'//%#H;#+-"9",11%#%(#&%(+-%#9,11%7#/',#B%#$.,$#:#

dr#/,(.+%$7#I"#(%#$%-",+#=.%#)%#/',#'(#$%-",+#)%*.,$#6%11%#1.-%++%#:#1"#&"/*"0(%#/",$#,1#5".+#".$$,#$"9',-#5",-%#

)%$#&'/*-'/,$#J#I'L!#o#%-&)%&*%-#!"K##

@#y4"9",+#*1.$,%.-$#"$*%&+$7#1%#*-%/,%-#&48+",+#+-'.9%-#=.%1=.%#&A'$%#=.,#-%$$%/61",+#:#14%()-',+#'<#B4"9",$#0-"(),#

/',7#)'(&#=.%1=.%#&A'$%#)%#+-2$#-.-"17#&"1/%7#9%-+7#)'(&#I"#&'--%$*'()",+#6,%(7#1%#*%+,+#9,11"0%#/%#*1",$",+#6,%(7#

"*-2$#,1#>#"9",+7#&48+",+#*"$#(801,0%"61%#('(#*1.$7#.(#"$*%&+#5,("(&,%-7#'(#".-",+#",/8#M+-%#.(#*%.#*1.$#*-'&A%#)%#

C1%-/'(+#*'.-#1%$#%(5"(+$7#*'.-#1%#6'.1'+#%+#*.,$#5,("(&,2-%/%(+#&48+",+#)%$#&A',3#=.4'(#"9",+#*"$#%(9,%#)%#5",-%7#

! !"J#

)'(&#'(#*-858-",+#M+-%#.(#*1.$# 1',(#/",$#*1.$#:# 14",$%7#=.%#*1.$#*-2$7#*"-&%#=.%#+-2$#9,+%7#$,#'(#$%#-"**-'&A%#)%#

C1%-/'(+7#1%$#*-,3#,1$#".0/%(+%(+7#"*-2$#&A"&.(#9',+#&%#=.,#%$+#-",$'(("61%#*'.-#1.,7#/",$#('.$#'(#%$+,/",+#=.%#

1%$#*-,3#8+",%(+#*1.$# -",$'(("61%$# $,#'(# $481',0(",+#)"9"(+"0%7# 9',1:#'(#"# 5",+# 1%# &A',3#)%# -%$+%-#"$$%U# 1',(#:# 1"#

&"/*"0(%#/",$# &4%$+# =.%1=.%# &A'$%# =.4'(# (%# -%0-%++%# *"$7#/',# B4",/%# 6,%(# 1%# &'(+-"$+%# )%$# $",$'($7# B%# $.,$#

&'(+%(+7# ,&,#'(#"# 1"#(%,0%#=."()# ,1# 5".+#=.4,1#>#%$+#)%# 1"#(%,0%7#'(#"#).#$'1%,1#=."()# ,1#>#%(#"7#)'(&#'(#%$+# +-2$#

&'(+%(+#)%#1:#'<#'(#%$+#J#I'L!#o#%-&)%&*%-#DK#

@#`(#"#+-'.98#%(#&A%-&A"(+#:#&'($+-.,-%7#%+#,&,#>4"9",+#.(%#*'$$,6,1,+8#%+#&48+",+#+-2$#6,%(7#('.$#'(#8+",+#$.-#1%$#j#

-'.+%$#%+#'(#%$+#9%(.#,&,7#'(#(%#&'((",$$",+#*"$#6,%(#F.6,2-%7#&48+",+#.(%#U'(%#&'//%-&,"1%7#&48+",+#Y"//'.+A7#

&48+",+#F.&A"(#"9"(+7#&48+",+#.(#+%--",(#:#9,0(%#,&,7#&48+",+#)%$#9,0(%$7#F.6,2-%#8+",+#.(%#9,11%#+-2$#,/*'-+"(+%#".#

(,9%".#).#9,(7#&48+",+#.(#9,11"0%#)%#9,0(%-'($#J#I'L!#o#%-&)%&*%-#eK#

#

#

!

[-%#'()&*%#2%0#%-&)%&*%-0#.*0(*&#T#+,%0&*/--%)#5(#&%))*&/)*(5*&9#2%0#=*:(5*%)0<#%-#5%0#+,%0&*/--(-&#0,)#5%0#

)%00/,)=%0#2,#&%))*&/*)%#IT#'()&*)#2%0#:)(-20#0%=&%,)0#2>(=&*.*&9K<#*50#2*0'/0(*%-&#9:(5%1%-&#2>,-#4/-20#

2%#=()&%#0,)#5%+,%5#*50#2%.(*%-&#0'(&*(5*0%)#5%0#*-4/)1(&*/-0L#Y/,0#->(./-0#'(0#%,#5%#&%1'0#2%#&)(*&%)#

5%0# =()&%0# 1%-&(5%0# %&# 5%0# 2*0=/,)0# 2%0# =*:(5*%)0# *=*L# Y/,0# '/,./-0# =%'%-2(-&# -/&%)# +,%# 2(-0# 2%#

-/1E)%,V#%-&)%&*%-0#5%0#=*:(5*%)0<#5/)0+,>*50#'()5%-&#2%#5(#)9:*/-#;,.%):-%#%&#2%#5%,)0#1/&*.(&*/-0#T#7#

)%0&%)<# 1%&&%-&# %-# (.(-&#"# (0'%=&0# '/0*&*40#@# 5(# ),)(5*&9# %&# 5%0# (19-*&90# %-.*)/--%1%-&(5%0<# 5%#

'/0*&*/--%1%-&#=%-&)(5#2%#5(#)9:*/-#;,.%):-%#2(-0#5(#z)(-=%#%&#5%#4(*&#+,%#=%#0/*&#,-#&%))*&/*)%#/l#*5#

->7#(#'(0#,-%#3#4/)&%#2%-0*&9#291/:)('B*+,%#8#@#

@#a4",/%#6,%(#14,/"0%#)%#14".9%-0(%#%(#5",+7#14,/"0%#)4.(#+%--,+',-%#=.,#%$+#%(&'-%#("+.-%7#=.,#%$+#9%-+#%(#5",+7#'<#

>4"#)%$# 1"&$7#'<#>4"#)%# 1"#/'(+"0(%7#'<#+.#*%.3#5",-%#).#981'7#).#&A%9"17#>4"#)%$#"&+,9,+8$#*'.-# 1%$#").1+%$7# 1%$#

%(5"(+$7#+.#*%.3#"11%-#9',-#+'.$#1%$#&'(&%-+$#=.%#+.#9%.37#&4%$+#.(%#*-85%&+.-%#A%,(7#+.#*%.3#5",-%#1%$#8+.)%$#=.%#+.#

9%.3#*'.-#1%#5.+.-#N-,-%P7#>4"#*1%,(#)%#9,11"0%$#:#)8&'.9-,-7#>4"#*1%,(#)4"&+,9,+8$#:#)8&'.9-,-7#'.",$#/',#&4%$+#I"#=.%#

B4",/%# 6,%(7# 6%(# 1"# ('.9%".+8# ".$$,7# 1"# )8&'.9%-+%# &4%$+# 9-",# =.%# B%# $.,$# *"$# )4,&,# )'(&# 5'-&8/%(+# '(# 1%# 9',+#

".+-%/%(+7# 1%# 5",+# =.%# &%# $',+# %(&'-%# .(# +%--,+',-%# 5'-+%/%(+# "0-,&'1%# B4",/%# 6,%(# %(# 5",+7# =.4,1# ># ",+# *"$#

)4%/6'.+%,11"0%$7#=.%#+'.+#$',+#"&&%$$,61%7#1"#$,+."+,'(#08'0-"*A,=.%#"9%&#1"#n-"(&%#".$$,#&4%$+#*"$#/"17#*"$#1',(#

)%#!>'(7#*"$#1',(#)%#_"-,$7#*"$#1',(#)%#\'-)%".37#*"$#1',(#)%#^'.1'.$%#J#I'L"#6#%-&)%&*%-#!KL!

#

=L#A>*2%-&*&9#&%))*&/)*(5%##

A%0#%-&)%&*%-0#/-&#)9.959#+,%#5%0#*-2*.*2,0<#(.(-&#2%#0>*1'5*+,%)#2(-0#,-#=5,E#$UZ;AWQ<#(.(*%-&#'/,)#

5(# '5,'()&# 29XT# ,-# 5*%-# ')*.*59:*9# (,# &%))*&/*)%L# #[-%# :)(-2%#1(X/)*&9# (.(*%-&# 29XT# 2%0# ')(&*+,%0# 2%#

=/-0/11(&*/-0# 3#&%))*&/)*(5*09%0#8<# =>%0&6T62*)%# +,>*50# 9&(*%-&# 0%-0*E5%0# (,# 4(*&# 2%# =/-0/11%)# 2%0#

')/2,*&0#5/=(,V<#./*)%#*00,#2%#5>(:)*=,5&,)%#E*/5/:*+,%<#'()#5%#E*(*0#2%#=*)=,*&06=/,)&0#I;h;F<#1()=B9KL#

A%0#=*:(5*%)0#0/-&#2/-=#2%0#3#=/-0/11>(=&%,)0#8<#'()#5%,)#'()&*=*'(&*/-#T#2%0#070&N1%0#(5*1%-&(*)%0#

! !"]#

&%))*&/)*(5*090<#*50#.(5/)*0%-&##2%0#)%00/,)=%0#-(&,)%55%0#2,#&%))*&/*)%#%&#-/,0#)%.*%-2)/-0#2>(*55%,)0#0,)#

=%#'/*-&#2(-0#5(#'()&*%#0,)#5%0#3#=())*N)%0#(00/=*(&*.%0#/,#'/5*&*+,%0#8L#A(#'5,'()&#2%0#=*:(5*%)0#')(&*+,%#

E%(,=/,'# 2>(=&*.*&90# 2%# '5%*-%6-(&,)%<# ,-%# :)(-2%# 1(X/)*&9# (# (*-0*# ,-%# E/--%# =/--(*00(-=%# 2,#

0%=&%,)# &/,)*0&*+,%# %&# '5,0# 5():%1%-&# 2,# &%))*&/*)%L# Y/,0# '/,./-0# '%-0%)# +,%# =%&&%# 0%-0*E*5*&9#

&%))*&/)*(5%<#)9.959%#'()#2%0#')(&*+,%0#2%#.(5/)*0(&*/-#2%0#)%00/,)=%0#&%))*&/)*(5%0<#4(*&#2%0#'%)0/--%0#

)%-=/-&)9%0#%-#%-&)%&*%-#2%0#(=&%,)0# &%))*&/)*(5*090#@#+'.+#A'//%#'.# +'.+%# 5%//%#=.,#*"-+,&,*%#)%#

5"I'(#,(+%(+,'((%11%#:#.(#*-'&%$$.$#">"(+#)%$#,/*1,&"+,'($#+%--,+'-,"1%$#J;##

#

A>(-(570%#2%0#5*%-0#(.%=#5%#&%))*&/*)%#+,>%-&)%&%-(*%-&# 5%0#'%)0/--%0#)%-=/-&)9%0#%-#%-&)%&*%-#(.(-&#

+,>%55%0#2%.*%--%-&#=*:(5*%)0<#'%)1%&#2%#2*)%#+,%#5(#&%))*&/)*(5*&9#2%0#*-2*.*2,0#%0&#,-#2%0#4(=*5*&(&%,)0#

2%#5>*1'5*=(&*/-#=*:(5*N)%L#

#

) #A>*-&9)?&#2%#=%&&%#'()&*%#9&(*&#2%#1*%,V#=/1')%-2)%#+,%#5%#4(*&#2%#0>*1'5*+,%)#-%#0%#29=)N&%#

'(0<#'(0#'5,0#+,m*5#-m%0&#*--9L#;,#=/-&)(*)%#*5#0%#=/-0&),*&<#0%#&)(-04/)1%#&/,&#(,#5/-:#2%#5(#.*%#2>,-%#

'%)0/--%L#Y/,0#(./-0#.,#+,>*5#%V*0&%#2%#-/1E)%,V#29&%)1*-(-&0#I0/=*(,V<#&%))*&/)*(,VK<#=%#+,%#-/,0#

(./-0#(''%59#3#5%0#4(=*5*&(&%,)0#8<#2(-0#5%#4(*&#2>?&)%#'5,0#0%-0*E5%#(,#4(*&#2%#0>*1'5*+,%)#2(-0#,-#=5,E#

$UZ;AWQL#[-#2%0#')%1*%)0#4(=&%,)0#4(./)*0(-&#5>*1'5*=(&*/-#%0&#5%#4(*&#2>(./*)#:)(-2*#2(-0#,-%#4(1*55%#

(,# 0%*-# 2%# 5(+,%55%# 5%0# %-:(:%1%-&0# '/5*&*+,%0# /,# (00/=*(&*40# 9&(*%-&# .(5/)*090# %&# /l# ,-%# ')(&*+,%#

2>%-:(:%1%-&#%V*0&(*&L#h(*0#=>%0&#0,)&/,&# 5/)0#2%# 5(#0/=*(5*0(&*/-#0%=/-2(*)%#+,%# 5>*-2*.*2,#=/-0&),*&#

%&# (44*)1%# 0/-# *2%-&*&9# 0/=*(5%# %&# +,>*5# %0&# 0,0=%'&*E5%# 2>?&)%# 0%-0*E5%# T# 5>*1'5*=(&*/-L# A%0# :)(-20#

1/,.%1%-&0#0/=*(,V<#5%0#9.N-%1%-&0#B*0&/)*+,%0#/,#%-=/)%#5%#)(''/)&#(,#&%))*&/*)%<#0/-&#(,&(-&#2%#

4(=*5*&(&%,)0# 2%# 5>*1'5*=(&*/-# =*:(5*N)%L# $%0# 9591%-&0# %V'5*+,%-&# ,-%# '()&*%# 2%0# )(*0/-0# 2%#

5>%-:(:%1%-&<#1(*0#0/-&#5/*-#2>?&)%#5(#0%,5%#%V'5*=(&*/-L##

#

! !"S#

nL#j%:()2#0,)#5(#.*%#=*:(5*N)%#@#3#=())*N)%0#8<#1/&*.(&*/-0#%&#')/4*50#2%#5>*1'5*=(&*/-##

A%0#=*:(5*%)0#/-&#*-&9)*/)*09#&/,&#(,#5/-:#2%#5%,)#.*%#2%0#-/)1%0#%&#2%0#.(5%,)0#B9)*&9%0#2%0#2*449)%-&%0#

*-0&*&,&*/-0#+,*#=/1'/0%-&#5(#0/=*9&9L#F/,)#(,&(-&<#=/1')%-2)%#5%#')/=%00,0#2%#5>*1'5*=(&*/-<#0*:-*4*%#

5(*00%)#,-%#'5(=%#(,V#*-2*.*2,(5*&90#2%#=B(=,-L#W-=/)%#'5,0<#2(-0#,-%#0/=*9&9#%-#=B(-:%1%-&#/l#5>/-#

=/-0&(&%# ,-# (44(*E5*00%1%-&# 2%0# )H5%0# 0&),=&,)(-&0# 2%0# :)(-2%0# *-0&*&,&*/-0# &)(2*&*/--%55%0<# (,#

E9-94*=%#2%#5(#.(5/)*0(&*/-#2%#5>(,&/-/1*%#*-2*.*2,%55%L#$%&&%#0*&,(&*/-#'%,&#2>(*55%,)0#?&)%#,-%#)(*0/-#

2%#5>*-.%0&*00%1%-&#2>*-2*.*2,0#(,#0%*-#2%#0&),=&,)%0#E9-9./5%0#@#

@#!%# &'(+%3+%# $'&,"1# %$+# %(# %55%+# &%1.,# )4.(%# &-,$%# *"-5',$# ,(+-,($2=.%# ".3# $+-.&+.-%$# &1"$$,=.%$# K# 1%#

&AW/"0%# *'.-# 1%# +-"9",1# K# /",$# 80"1%/%(+# )%# 14%3,$+%(&%# )4.(# /'.9%/%(+# @# *1.$# *-'5'()# J7# =.,#

&'(&%-(%# 1%$# /8&"(,$/%$# )%# $'&,"1,$"+,'(# NQ.6%+# %+# Y"-+.&&%11,7# diim7# *;# djpP;# !"# 9"1'-,$"+,'(# )%#

14".+'('/,%# ,(),9,).%11%# /%+# 5,(# :# 1"# )'/,("+,'(# )%# 9"1%.-$# @# +-"($&%()"(+%$# J# N,6,);P7# )'((8%$# "#

*-,'-,#%+#)85,(,$$"(+#1%#$%($#)"($#1%=.%1#1%$#,($+,+.+,'($#)',9%(+#*%-/%++-%#1"#$'&,"1,$"+,'(#)%$#,(),9,).$;#

H.&&2)%(+#:#&%++%#,/*'$,+,'(#)4.(#$%($#@#)%#14%3+8-,%.-#J#.(%#-%&A%-&A%#*"-#&A"&.(#)4.(#$%($#=.,#1.,#

%$+# *-'*-%7# )4.(%# ")"*+"+,'(# )%$# ,($+,+.+,'($# :# $%$# %3,0%(&%$# *%-$'((%11%$# %(# +%-/%$#

)48*"('.,$$%/%(+7#%+# 5,("1%/%(+#.(%#@#&'*-').&+,'(#$'&,"1%#J# N,6,);P#)%$#9"1%.-$#%+#)%$#('-/%$#=.,#

$+-.&+.-%(+#14%3,$+%(&%#$'&,"1%#%+#14%3*8-,%(&%#)4.(#,(),9,).#-%)85,(,#:#1"#5',$#&'//%#"&+%.-#%+#&'//%#

$.B%+#J!"#$

$G(-0#,-#')%1*%)# &%1'0<# *5# (# 9&9#'/00*E5%# 2%# )%5%.%)# 5%0# 2*449)%-&0# 9591%-&0# %V&9)*%,)0# )%5(&*40# (,V#

0&),=&,)%0#2>(44*5*(&*/-#=/55%=&*.%<#+,*#/-&#',#3#4(=*5*&%)#8#5>%-&)9%#2%0#%-+,?&90#2(-0#,-#=5,E#$UZ;AWQL#

h(*0#=%0#2%)-*%)0#/-&#2u#0%,50<#95(E/)%)#5%#0%-0#2%#5%,)#*-&9:)(&*/-#(,#0%*-#2%#=%0#2*449)%-&%0#0'BN)%0#

0/=*(5%0<#'/,)#=B/*0*)#2>%-#)%&*)%)#=%)&(*-0#9591%-&0#3#z#&A"&.(#)%#&A',$,-7#%(#5'(&+,'(#)%$#*'$,+,'($7#

)%$# $,+."+,'($# %+# )%$# *"-&'.-$# '6B%&+,5$7# 1"# &'(5,0.-"+,'(# =.,# &'(9,%(+# 1"# /,%.3# :# $"# $.6B%&+,9,+8#

*%-$'((%11%;# !"# /"-0%# )4".+'('/,%# $4%3%-&%# ",($,# ".# &"--%5'.-# )%# 1489'1.+,'(# )%# 1"# $'&,8+87# )%$#

/Z.-$7#)%$#*'1,+,=.%$#$'&,"1%$7#%+&;#8"#L#$B/*0*)#2%#0>*1'5*+,%)#2(-0#+,%5+,%#/):(-*01%#+,%#=%#0/*&<#

/44)%# T# 5>*-2*.*2,# ,-# =(2)%# =/55%=&*4# )%-/,.%59<# 5%0# 0&),=&,)%0# (00/=*(&*.%0<# '/5*&*+,%0# 9&(-&# %55%06

1?1%0#2%0#*-0&(-=%0#2%#0/=*(5*0(&*/-<#0,0=%'&*E5%0#2%#4/)&*4*%)#5>*2%-&*&9#*-2*.*2,%55%#2>,-%#'%)0/--%L#

;*-0*<#*5#0%)(#*-&9)%00(-&#2%#=/1')%-2)%#5%0#3#)(*0/-0#2>(:*)#8#(.(-=9%0#'()#5%0#*-2*.*2,0<#2(-0#5%#4(*&#

2%#0>*-.%0&*)#,-%#')%1*N)%#4/*0<#',*0#2%#0>*1'5*+,%)#2(-0#,-#=5,E#$UZ;AWQ#%&#2%#'/)&%)#,-#)%:()2#0,)#5(#!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!J!# vWjhWWjQ$f# Q&9'B(-*%<# 3#W-&)%# *-2*.*2,(5*0(&*/-# %&# '()&*=*'(&*/-#@# 5>%-:(:%1%-&# (00/=*(&*4# E9-9./5%#8<#j%.,%# 4)(-^(*0%# 2%# 0/=*/5/:*%<# CgOPPC# Iv/5L# CDK<# 'LJS!6]!P<# I2/=,1%-&# %-# 5*:-%<# =/-0,5&9# 5%# OP!C6Pe6OOK<#B&&'@ggwwwL=(*)-L*-4/g)%.,%64)(-=(*0%62%60/=*/5/:*%6OPPC6C6'(:%6JS!LB&1#JO#UE*2#

! !"e#

3#=())*N)%#8#E9-9./5%L#[-%#=())*N)%#+,*#0>*-0=)*&#2(-0#5%#=7=5%#2%#.*%#*-2*.*2,%5#%&#')%-2#,-#0%-0#2(-0#

5%# =(2)%#2%# 5>*-0=)*'&*/-#2%# 5>*-2*.*2,#(,# 0%*-#2%#'5,0*%,)0# 0/,061/-2%0# 0/=*(,V# Iz*55*%,5%<#OPP!<#''L#

!ee6O!DKL#W-4*-#%-#4/-=&*/-#2%#'5,0*%,)0#*-2*=(&%,)0<#5*90#T#5(#+,%0&*/-#2%#5>*1'5*=(&*/-<#*5#0%)(#'/00*E5%#

2%#2)%00%)#,-%#&7'/5/:*%#2%0#=*:(5*%)0L#

!L#3#A(#=())*N)%#8#2%#5>*1'5*=(&*/-#=*:(5*N)%#

;,#29E,&#2%#=%#&)(.(*5<#*5#->9&(*&#'(0#%-.*0(:9#2%#4(*)%#,-#)%&/,)#%-#())*N)%#0,)#5%0#2*449)%-&%0#9&('%0#

%&#4/)1%0#2>*1'5*=(&*/-<#2%#)%&)(-0=)*)%#5(#3#=())*N)%#8#2%#5>*1'5*=(&*/-#=*:(5*N)%L#$%&&%#-9=%00*&9#0>%0&#

(44*)19%#5/)0+,%#5%#4(*&#(#9&9#29./*59<#2(-0#5%0#)9=*&0#E*/:)('B*+,%0<#+,%#5(#+,(0*6&/&(5*&9#I!O#0,)#!CK#

2%0#=*:(5*%)0<#/-&#%,#,-#')*1/6*-.%0&*00%1%-&<#./*)%#'5,0*%,)0<#(.(-&#2>%-&)%)#2(-0#,-#=5,E#$UZ;AWQL##

$%5(# 0*:-*4*%# +,%# 5%0# $UZ;AWQ<# -%# 0/-&# '(0# I/,# )()%1%-&K# ,-%# '/)&%# 2>%-&)9%# 0,)# 5%# 1/-2%# 2%#

5>*1'5*=(&*/-L# U5# 7# (# 2/-=# ')%0+,%# &/,X/,)0# ,-%# ')%1*N)%# (44*5*(&*/-# (,# 1/-2%# 3#(00/=*(&*4# /,#

'/5*&*+,%#8<# '%)1%&&(-&# 2>/44)*)# ,-# )%5(*0# X,0+,>(,V# $UZ;AWQL# U5# %V*0&%)(*&# (5/)0# ,-%# 3#=())*N)%# 2%#

5>*1'5*=(&*/-#8<# *-&*1%1%-&# 5*9%# (,V# 9591%-&0# =/-&%V&,%50# (-(57090# 2(-0# ,-%# ')%1*N)%# '()&*%<# /l#

=B(+,%#%V'9)*%-=%<# 5%#&7'%#2>/):(-*0(&*/-#2(-0# 5(+,%55%#%55%#0%#')/2,*&<# 5%#)H5%#&%-,#T# 5>*-&9)*%,)#2%#

=%55%6=*<# *-2,*0%-&#2%0#1/2*4*=(&*/-0#2(-0# 5(#=/-0&),=&*/-#*2%-&*&(*)%#2%#5(#'%)0/--%L#W55%0#(,)/-&#,-#

*1'(=&# 0,)# 5(# 0,*&%# 2,# '()=/,)0# 2%# .*%# %-# :9-9)(5<# 1(*0# (,00*# '5,0# 0'9=*4*+,%1%-&# 0,)# 5(# =())*N)%#

(00/=*(&*.%#%&g/,#'/5*&*+,%#@#3#1"#('+,'(#)%#&"--,2-%#*%-/%+#)%#&'/*-%()-%#&'//%(+7#:#&A"=.%#8+"*%#

)%#1"#6,'0-"*A,%7#1%$#"++,+.)%$#%+#&'/*'-+%/%(+$#$'(+#)8+%-/,(8$#*"-#1%$#"++,+.)%$#%+#&'/*'-+%/%(+$#

*"$$8$# %+# &'(),+,'((%(+# :# 1%.-# +'.-# 1%# &A"/*# )%$# *'$$,61%$# :# 9%(,-7# -%$,+."(+# ",($,# 1%$# *8-,')%$#

)4%(0"0%/%(+#)"($#14%($%/61%#).#&>&1%#)%#9,%#8J"L#

#$%&&%#-/&*/-#2%#=())*N)%#%0&#%1'),-&9%#T#k5*.*%)#z*55*%,5%<#+,*#0%# 5>9&(*&# 5,*61?1%#)9('')/')*9#'/,)#

&)(.(*55%)#5(#+,%0&*/-#2%#5>%-:(:%1%-&#*-2*.*2,%5#@##

3#!"#('+,'(#)%#&"--,2-%#%$+#/,$%#%(#Z.9-%#*"-#G9%-%++#u.0A%$#)"($#.(%#"**-'&A%#)%$#*-'5%$$,'($#=.,#

*%-/%+# )4"**-8A%()%-# 1%$# 8+"*%$# )4"&&2$# %+# )4%3%-&,&%# )4.(%# *-'5%$$,'(# &'//%# .(%# $.,+%# )%#

&A"(0%/%(+$# '6B%&+,5$# )%# *'$,+,'($# %+# 1"# $8-,%# )%$# -%/"(,%/%(+$# $.6B%&+,5$# =.,# ># $'(+# "$$'&,8$;#

C'//%#1%#$'.1,0(%#u']"-)#\%&R%-7#1%#&'(&%*+#)%#&"--,2-%#&A%U#u.0A%$#-%(9',%#:#)%.3#),/%($,'($#V#@#

)"($#$"#),/%($,'(#'6B%&+,9%7#.(%#&"--,2-%#$%#&'/*'$%#)4.(%#$8-,%#)%#$+"+.+$#%+#)4%/*1',$#&1",-%/%(+#

)85,(,$7#)%#$.,+%$#+>*,=.%$#)%#*'$,+,'($7#)%#-8"1,$"+,'($7#)%#-%$*'($"6,1,+8$#%+#/M/%#)4"9%(+.-%$;#Q"($#

$"#),/%($,'(#$.6B%&+,9%7#.(%#&"--,2-%#%$+#5",+%#)%#&A"(0%/%(+$#)"($# 1"#*%-$*%&+,9%#$%1'(# 1"=.%11%# 1"#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!J"#zUAAUW[AW#k5*.*%)<#3#F)/'/0*&*/-#'/,)#,-%#(-(570%#')/=%00,%55%#2%#5>%-:(:%1%-&#*-2*.*2,%5#8<#j%.,%#4)(-^(*0%#2%# 0=*%-=%0# '/5*&*+,%0<# !gOPP!<# Iv/5L# D!K<# 'L!ee6OPD<# I2/=,1%-&# %-# 5*:-%<# =/-0,5&9# 5%# OP!C6Pe6OOK<#B&&'@ggwwwL=(*)-L*-4/g)%.,%64)(-=(*0%62%60=*%-=%6'/5*&*+,%6OPP!6!6'(:%6!eeLB&1##

! !CP#

*%-$'((%# *%-I',+# $'(# %3,$+%(&%# &'//%# .(%# +'+"1,+8# %+# ,(+%-*-2+%# 1"# $,0(,5,&"+,'(# )%# $%$# ),9%-$%$#

&"-"&+8-,$+,=.%$#%+#"&+,'($7#",($,#=.%#+'.+#&%#=.,# 1.,#"--,9%;#!%$#&'(&%*+$#)%#+-"B%&+',-%#%+#)%#&"--,2-%#

$4,($&-,9%(+# )'(&# )"($# .(%#/M/%# +-"),+,'(# %+# *"-+"0%(+# .(# &%-+",(# ('/6-%# )%# *-'*-,8+8$7# $',+# .(%#

"++%(+,'(#80"1%#".3#*-'&%$$.$#%+#:#1"#),"1%&+,=.%#*%-/"(%(+%#%(+-%#A,$+',-%#,(),9,).%11%#%+#,($+,+.+,'(#

%+7#*1.$#08(8-"1%/%(+7#1%$#&'(+%3+%$#8JCL##

A>*29%#2%#=())*N)%#4(*&#)949)%-=%#(,#4(*&#+,%#=B(+,%#%V'9)*%-=%#'()&*=*'%#T#4/)1%)#5>*-2*.*2,<#T#5%#2/&%)#

2%# -/,.%55%0# =/1'9&%-=%0<# T# 5,*# '%)1%&&)%# 2>*-&9:)%)# 2%0# -/)1%0# %&# 2%0# .(5%,)0<# 2%0# )N:5%0# 2%#

4/-=&*/--%1%-&L# $%=*# 4(=*5*&%)(# %-0,*&%# 0/-# *-&9:)(&*/-# 2(-0# 2>(,&)%0# 0&),=&,)%0<# 0,)&/,&# 0*#

5>%V'9)*%-=%#0>(.N)%#0(&*04(*0(-&%<#1(*0#(,00*#5,*#'%)1%&&)(#2%#29.%5/''%)#,-#)90%(,L#U5#=/-.*%-&#(5/)0#

2%# )%.%-*)# 0,)# 5%0# 2*449)%-&%0# 3#=())*N)%0# 2>*1'5*=(&*/-#8# 2%0# =*:(5*%)0<# (4*-# 2%# 1*%,V# =/1')%-2)%#

=/11%-&#0%#=/-0&),*&#5>%-:(:%1%-&#*-2*.*2,%5L##

!L!L#v(5%,)0#%&#-/)1%0#%-#=/B9)%-=%#(.%=#5>/):(-*0(&*/-#

G(-0#5%#2*0=/,)0#2%0#!C#'%)0/--%0#)%-=/-&)9%0#%-#%-&)%&*%-<#*5#%0&#'/00*E5%#2%#0%#)%-2)%#=/1'&%#+,>*5#

7#(#%,#,-%#=/-0&),=&*/-#&B9/)*+,%<#'5,0#/,#1/*-0#29.%5/''9%<#+,*#(#')9=929#5>(=&*/-#2%#0>*1'5*+,%)#

/,# +,*# 0>%0&# 1(-*4%0&9%# %-# '()(55N5%<# 5>,-%# %&# 5>(,&)%# 0%# )%-4/)^(-&# 1,&,%55%1%-&L# A%=&,)%0<#

*-4/)1(&*/-0<#)%-=/-&)%0<#(,&(-&#2>9591%-&0#+,*#/-&#'()&*=*'9#T#=/-0&),*)%<#=/-0/5*2%)<#)9(44*)1%)<#,-#

070&N1%# 2%# -/)1%0# %&# 2%# .(5%,)0<# %-# (==/)2# (.%=# 5>/EX%&# %&# 5%0# .(5%,)0# '/)&9%0# '()# ,-%# 0&),=&,)%#

(00/=*(&*.%#/,#'/5*&*+,%L#$>%0&# 5>*29%#+,%<#=B%_#=B(=,-#2%#=%0# *-2*.*2,0<# *5# 7#(.(*&#,-%#3#0%-0*E*5*&9#8#

(,V# .(5%,)0# '/)&9%# '()# 5%0# 0&),=&,)%0L# Y/,0# )%&)/,./-0# 2%0# 2*0=/,)0<# '5,0# 3#'/5*&*090#8<# (,# 0%-0# 2%#

0>*-&%))/:%)# T# 5>9=B%55%# 2%# 5(# 0/=*9&9# 0,)# 5%0# 1/7%-0# 2>(=&*/-# %1'5/7(E5%0# '/,)# '()&*=*'%)# T# 5(#

3#&)(-04/)1%)#8<# 2>(,&)%0# '5,0# 3#5/=(5*090#8<# =/-=%)-(-&# 2>(.(-&(:%# 0,)# 5%# 0%-0# 2%# 0%0# ')(&*+,%0#

+,/&*2*%--%0<# 0(-0# '/,)# (,&(-&# *-0=)*)%# =%&&%# )945%V*/-# T# ,-%# 9=B%55%# '5,0# :5/E(5%<# # ./*)%# (5&),*0&%#

3#(*2%)<#?&)%#0/5*2(*)%#2%#0/-#')/=B(*-#8L##

3#a%#/%# $%($# "$$%U# *-'&A%# )4.(# &%-+",(# ('/6-%# )4,)8%$7# )%# *%($%.-$7# &'//%#)%$# 0%($# +%1# =.%# _-'.)A'(#*"-#

%3%/*1%7# =.,# ,($&-,9%(+# *1.$# 14"1+%-("+,9%# :# 1"# $'&,8+8# &"*,+"1,$+,=.%# :# +-"9%-$# .(%# 1'0,=.%# )%# -85'-/%# %+#

)4,(,+,"+,9%$#&'11%&+,9%$#=.%#)"($#.(%#1'0,=.%#:#*-'*-%/%(+#*"-1%-#-89'1.+,'((",-%#8#

3#a4"9",$#%(9,%#)4M+-%#.+,1%7#)%#/%#$%(+,-#.+,1%#NOP#!%#)8&1,&#%$+#"--,98#"9%&#/"#*-%/,2-%#%3*8-,%(&%7#=."()#B4"9",$#

*"$$8#.(%#5'-/"+,'(#)4Fn_H7#%+#*.,$#".#5,("1#=."()#,1$#'(+#),+#%$+#&%#=.%#I"#9'.$#),-%U#)%#9'.$#,/*1,=.%-#6%(#1:#

B4",#),+#'.,7#I"#/%#),$",+#6,%(#8#I'L!D#o#%-&)%&*%-#!K#

#

#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!JC#UE*2#

! !C!#

#

!LOL#G%0#=())*N)%0#(00/=*(&*.%0#%&g/,#'/5*&*+,%0<#+,*#=/11%-=%-&#2(-0#5%#1/-2%#9&,2*(-&LLL#

A(#1/*&*9# 2%0# =*:(5*%)0# (# %,# ,-%# ')%1*N)%# *1'5*=(&*/-# 2(-0# 5%# =(2)%# 2%# 5%,)# X%,-%00%# /,# 2%# 5%,)0#

(--9%0#9&,2*(-&%0L#$%)&(*-0#/-&#%,#,-%#')%1*N)%#*1'5*=(&*/-#2(-0#5%#=(2)%#2%#5(#&)(2*&*/-#4(1*5*(5%#%&#

),)(5%# I=/1*&90# 2%0# 4?&%0<# (00/=*(&*/-# 2%# =/-=*0K# (5/)0# +,%# 2>(,&)%0# /-&# .9=,# =%&&%# %V'9)*%-=%#

'%-2(-&#5%,)0#(--9%0#9&,2*(-&%0<#,-#1/1%-&#2%#5(#.*%#/l#-/,0#0/11%0#'5,0#%-=5*-0#T#-/,0#*-.%0&*)#

%&# =%# '/,)# 2*.%)0%0# )(*0/-0# I4(=&%,)# &%1'0<# 4(=&%,)# 3#0(./*)<# ('')%-&*00(:%#8<# 4/)&%# *-45,%-=%# 2%0#

:)/,'%0# 2%# '(*)0KL# $%&&%# ')%1*N)%# %V'9)*%-=%# 2(-0# 5(# .*%# 2%# 5>(2/5%0=%-&# /,# 2,# X%,-%# (2,5&%# '%,&#

*-45,%-=%)# 5(# 0,*&%# 2,# '()=/,)0# (00/=*(&*4# /,# '/5*&*+,%# 2>,-# *-2*.*2,<# =%)&(*-0# '()5%-&# 2%# 3#29=5*=#8<#

2>(,&)%0# /-&# 29=/,.%)&# +,%# 5%# 4(*&# 2%# 0>*1'5*+,%)# (''/)&%# ,-%# '5,06.(5,%# I=)9(&*/-# 2%# 5*%-# 0/=*(5<#

/,.%)&,)%<#=/--(*00(-=%0K<#/,#%-=/)%#0%#0/-&#4/):90#T#5(#=,5&,)%#2%#5(#=//'9)(&*/-#/,#2,#1*5*&(-&*01%#

'/5*&*+,%#@#

@#Q'(&#"*-2$#1"#5"&7#*1.$,%.-$#-%(&'(+-%$7#1"#/'(+"0(%#%+#1%#/,1,+"(+,$/%#$>(),&"1#).#&'.*#"9%&#14wcGn7#"$$%U#1,8#

%(#5",+7#>4"9",+#)%$#*%-$'((%$#&'//.(%$#1:?)%)"($#%+#).#&'.*7#%(0"0%/%(+#)%$#)%.3#&W+8$7#$.-#.(%#"$$'&,"+,'(#

"9%&#1"=.%11%#B%#$.,$#-%$+8#.(%#),U",(%#)4"((8%$7#)'(&#I"#"#)8/"--8#=."()#B4"9",$#di#"($7#)'(&#'(#%//%(",+#)%$#

B%.(%$#%(#/'(+"0(%7#&"/*$#,+,(8-"(+$#)"($#1%$#F1*%$#*.,$#"*-2$#:#148+-"(0%-7#9',1:#)'(&#I"#I"#*-%(",+#*"$#/"1#)%#

+%/*$7#*-8*"-%-#%+&;#J#I'LC#o#%-&)%&*%-#SK#

3#F*-2$#"$$'&,"+,'($#'.,7#:#148*'=.%#B48+",$#)"($#14"$$'4#)%#08'1'0,%7#'(#'-0"(,$",+#)%$#892(%/%(+$7#('+"//%(+#

'(#8+",+#9%(.#%(#F.9%-0(%7#%(#5",+#>4"#.(%#8*'=.%#'<#B%#+-",(",$#*"$#/"1#)"($#)%$#"$$'$4#&'//%#I"#%+#$,#=."()#

B48+",$#%(#c'-920%#".$$,#B48+",$#)"($#.(%#"$$'4#*'.-#1%$#8+.),"(+$#,(+%-("+,'(".37#'(#'-0"(,$",+#)%$#"&+,9,+8$7#)%$#

$'-+,%$;#C48+",+#*1.$#)"($#14,)8%#)%#*-'*'$%-#)%$#"&+,9,+8$#".3#0%($7#I"#B4",/",$#6,%(7#*.,$#*"-&%#=.%#I"#/%#5",$",+#

$'-+,-#%(#/M/%#+%/*$#8#I'LJ#o#%-&)%&*%-#CK#

!L"L#W&#0%#'/,)0,*.%-&#2(-0#5%#1*5*%,#')/4%00*/--%5s#

G%,V# =*:(5*%)0<# 29XT# *-.%0&*0# 2(-0# 5%,)# X%,-%00%<# /-&# '/,)0,*.*# 5%,)# *1'5*=(&*/-# 2(-0# 5%# 1/-2%#

')/4%00*/--%5<# T# 0(./*)# +,>*50# :)(.*&(*%-&# 2(-0# 2%0# 1*5*%,V# ')/4%00*/--%50# /l# *5# %V*0&%# ,-%# 4/)&%#

&)(2*&*/-# 2%# 5>%-:(:%1%-&<# 5%# 1*5*%,# (:)*=/5%# %&# 5>92,=(&*/-# -(&*/-(5%L# U50# /-&# 2/-=# %,# ,-%# 4/)&%#

(=&*.*&9#07-2*=(5%<#5>,-#(,#-*.%(,#5/=(5<#5>(,&)%#(,#-*.%(,#-(&*/-(5L#U5#%0&#*-&9)%00(-&#2%#0/,5*:-%)#+,%#

=%# 0/-&# 9:(5%1%-&# 2%,V# '%)0/--%0# &)N0# '/5*&*09%0# I'()&*=*'(&*/-# T# 2%0# '()&*0# '/5*&*+,%0# '/,)# 5>,-<#

1*5*&(-&# 2%# :(,=B%# '/,)# 5%# 0%=/-2K<# ,-# '()(55N5%# (.%=# 5(# =,5&,)%# 07-2*=(5%# '%,&6?&)%# 4(*&L# Y/,0#

'/,./-0#9:(5%1%-&#0/,5*:-%)#+,%#5%0#=*:(5*%)0#+,*#->/-&#'(0#9&9#2(-0#,-##1*5*%,#')/4%00*/--%5#'/)&%,)#

2%#.(5%,)0#4(./)*0(-&#5>*1'5*=(&*/-<#0%#0/-&#:9-9)(5%1%-&#*-.%0&*0#'5,0#&()2*.%1%-&#+,%#5%0#(,&)%0L##

@#G+#*.,$#)'(&#1%#$>(),&"1,$/%7#)4"6'-)#.(,9%-$,+",-%7#*.,$#"*-2$#1%#$>(),&"1,$/%#)"($#/'(#/8+,%-7#B4",#8+8#dr#"($#

/,1,+"(+#$>(),&"1#$.-#.(#$>(),&"+#)'(&#)4%($%,0("(+$7#%+#"9%&#)%$#-%$*'($"6,1,+8#".#(,9%".#("+,'("1#/M/%7#)'(&#

".+'/"+,=.%/%(+# 1,8#.(#*%.#:# 1"#*'1,+,=.%#/",$# B"/",$#%(&"-+8#=.',7# B4",#8+8#:# 1"# 5M+%#)%# 14u./"7#9',1:#*1.+W+#

! !CO#

&'//.(,$+%#=.',7# B4",# $.,9,#.(#*%.#&%$#/'.9%/%(+$#/",$#*"$#%(&"-+8#*"-# &'(+-%7# B%#(%#9'.1",$#*"$#/4,(9%$+,-#

*'1,+,=.%/%(+7#*1.$#*"-#1%#6,",$#).#$>(),&"+#J#I'LC#o#%-&)%&*%-#SK#

!LC#h(*0#+,*#=/11%-=%-&#/,#0%#)%-4/)=%-&#0,)&/,&#(,#0%*-#2%#5(#0'BN)%#'%)0/--%55%#

F/,)#5(#&/&(5*&9#2%0#=*:(5*%)0<# 5%,)#%V'9)*%-=%#(00/=*(&*.%<#0>%0&#)%-4/)=9%#/,#(#29E,&9<#2(-0#5%#=(2)%#

2%# 5%,)# .*%# '%)0/--%55%L# Y/,0# &)/,./-0# =%)&(*-0# 29-/1*-(&%,)0# =/11,-0#2(-0# 5%0# &7'%0# 2%#

0&),=&,)%0#(00/=*(&*.%0<#2(-0#5%,)#/)2)%#2>(''()*&*/-#T#5>*-&9)*%,)#2%0#2*449)%-&0#'()=/,)0<#%-#4/-=&*/-#

0/,.%-&#2%#5(#'9)*/2%#2%#.*%#2%#5(#'%)0/--%#@##

6 !"#$$%&'#('%)* $+%,('-./* 012#)'(#',./* &13(1,.33./* $%&'#3.* %1* .)-',%)).2.)(#3.*4# %-# 2%B/)0# 2%# 5(#

.*%# 9&,2*(-&%<# 5(# '()&*=*'(&*/-# T# ,-%# (00/=*(&*/-# 0'/)&*.%<# B,1(-*&(*)%<# =,5&,)%55%<# 0/=*(5%# /,#

%-.*)/--%1%-&(5%# 4(*&# 0/,.%-&# /44*=%# 2%# ')%1*N)%# %V'9)*%-=%# 2,# 1/-2%# (00/=*(&*4L# Y/,0#

)%&)/,./-0# '()1*# 5%0# 1/&*.(&*/-0<# 3#5>(1/,)#8# 2>,-%# ')(&*+,%# 0'/)&*.%<# 5(# ./5/-&9# 2>(./*)# ,-%#

(=&*/-#(5&),*0&%<#2%#0%#0%-&*)#,&*5%<# 5%#290*)#2%#=)9%)#2%0# 5*%-0#0/=*(,V<#'()4/*0#&/,&#%-#')(&*+,(-&#

,-%# (=&*.*&9# =,5&,)%55%<# 5(# )%=B%)=B%#2%#3#0%-0#8L# $%# &7'%#2>(2B90*/-# *-&%).*%-&#2(.(-&(:%#2(-0#

,-%# ')%1*N)%# '()&*%# 2,# '()=/,)0# 2%# .*%# %&# (# &%-2(-=%# T# 0>%0&/1'%)g0%# &)(-04/)1%)# (.%=#

5>(.(-=9%#%-#c:%#2%0#'%)0/--%0L#

@#NOP# Q"($# .(%# "$$'&,"+,'(# $*'-+,9%7# B4",# B'.8# ".# 5''+# B.$=.4:# er# "($# %+# %(# B'."(+# .(# *%.#/',($# B%# $.,$#

)%9%(.#),-,0%"(+#)'(&#B4",#5",+#).#68(89'1"+#%+# B%#$.,$#)"($#.(#&1.6#)%#+-,"+A1'(#'<#)%#+%/*$#%(#+%/*$#'(#

'-0"(,$%#.(%#/"(,5%$+"+,'(#J#I'LC#o#%-&)%&*%-#!"K#

@#F*-2$#B%#$.,$#9%(.%#,&,7#B4",#)86"-=.8#".#/',$#)4"'f+#%+#)"($#1%#+-"9",1#B4"9",$#.(#&'1120.%#=.,#*"-+,&,*",+#:#

.(#0-'.*%#)%#+A8o+-%#"/"+%.-#:#^".9%$7#%+#)'(&# B4>#$.,$#"118%#%+# 1:#".$$,#&48+",+#*"$#=.%#5",-%#).#+A8o+-%7#

14"$$'&,"+,'(#=.,#$4%$+#/'(+8%7#&48+",+#.(%#"(,/"+,'(#&.1+.-%11%7#)%$#@#1"=.",$#J#:#^".9%$7#)'(&#14,)8%#&48+",+#

)4"(,/%-#1%#*">$#J#I'L"#o#%-&)%&*%-#]K!

6 !"#$$%&'#('%)*5.$*+#,.)($*5"637-.$*V#A(#'9)*/2%#/l#5%0#*-2*.*2,0#/-&#2%0#%-4(-&0#%-#E(0#c:%#'%,&#

'()4/*0#?&)%#=/))959%#(.%=#,-%#2*1*-,&*/-#2%#5(#'()&*=*'(&*/-L#U=*#(,#=/-&)(*)%<#=>%0&#,-#4(=&%,)#+,*#

(#%-=/,)(:9#5>*-.%0&*00%1%-&<#+,%#=%#0/*&#2(-0#5%#4(*&#2%#'()&*=*'%)#T#,-#=5,E#0'/)&*4#/l#5%0#%-4(-&0#

0/-&#*-0=)*&0<#/,#2%#0>*1'5*+,%)#2(-0#5>(00/=*(&*/-#2%0#'()%-&0#2>95N.%0#/,#1?1%#2%#=/-&)*E,%)#T#

5(# =)9(&*/-# 2>,-# )%:)/,'%1%-&# '92(:/:*+,%# *-&%)=/11,-(5# IjFUK# 5/)0+,%# 5>9=/5%# =/11,-(5%#

9&(*&# 0,0=%'&*E5%# 2%# 4%)1%)L# $%5(# =/-0&*&,%# ,-%# (,&)%# 9&('%# 2%# 5(# =())*N)%# 2>*1'5*=(&*/-# 2>,-#

=*:(5*%)<#2%0#5*%,V#2>('')%-&*00(:%#2,#=/55%=&*4<#2,#4/-=&*/--%1%-&#2%#5(#.*%#(00/=*(&*.%L##

@#NOP#a%#$.,$#-%(+-8#)%#5"I'(#.(#*%.#6-.+"1#)"($#14"$$'&,"+,'(#)%$#*"-%(+$#)48129%$7#'(#$4>#,/*1,=.",+#.(#*%+,+#

*%.7#/",$#'(#)'((",+#B.$+%#.(#*%+,+#&'.*#)%#/",(7#%+#*.,$#=."()#B4>#$.,$#"118#)%#5"I'(#*1.$#"&+,9%#%+#6%(#%(#

5",+#B4",#8+8#+'.+#)%#$.,+%#*-8$,)%(+7#*"-&%#=.%#1%$#0%($#=.,#$4%(#'&&.*",%(+#9'.1",+#"6$'1./%(+#=.4,1#>#",+#.(#

-%('.9%11%/%(+7#*%-$'((%#(48+",+#9'1'(+",-%#%+#).#&'.*#I"#"#8+8#/',7#&4%$+#/"#*-%/,2-%#,/*1,&"+,'(#)"($#1"#

9,%#"$$'&,"+,9%#*"-&%#=.4"9"(+#B48+",$#*1.$#&'($'//"+%.-#%(+-%#0.,11%/%+$#*"-&%#=.%#B48+",$#*"$#(,#)"($#1%$#

6.-%".3#J#I'LD#o#%-&)%&*%-#DK$

! !C"#

3#F.#)8*"-+7# =."()#('.$#'(#%$+#"--,98# ,&,7# '(#"9",+#)'(&#)%$# B%.(%$#%(5"(+$7# '(#"9",+7# '.,#=.%1=.%# &A'$%#=.4'(#"#*"$#),+#%(#+%-/%#)%#68(89'1"+7#)4,/*1,&"+,'(7#&4%$+#1%$#*"-%(+$#)48129%$7#I"#)2$#1%#)8*"-+7#:#148*'=.%#

)"($# 1%$# "((8%$# diiX?ie?ij7# )"($# &%$# "((8%$?1:7# ,1# ># "9",+# )%$#/%("&%$# )%# 5%-/%+.-%$# )48&'1%$# )'(&# 1%$#

*"-%(+$#)48129%$#$%#$'(+#6%".&'.*#,/*1,=.8$7#'(#*%.+#),-%#=.4:#148*'=.%#,1$#$%#$'(+#".+"(+#,/*1,=.8$#=.%#1%$#

81.$7#/M/%#1802-%/%(+#*1.$#%+#6%".&'.*#*1.$#=.%#1%$#*-'5$7#=.%#1%$#,($+,+.+%.-$7#9'.$#9%--%U#*"-+'.+#&4%$+#

+'.B'.-$#1%$#*"-%(+$7#*"-&%#=.4,1$#A"6,+%(+#$.-#1%#+%--,+',-%7#1%$#,($+,+$#(4A"6,+%(+#*"$#+'.B'.-$#$.-#1%#+%--,+',-%#

)'(&#&4%$+#*"$#*"-%,17#1%$#0%($#1%$#*1.$#,/*1,=.8$#)"($#1"#$".9%0"-)%#)4.(%#8&'1%#&4%$+#+'.B'.-$#1%$#*"-%(+$7#

"1'-$# :# 148*'=.%# '(# $4%$+# -%0-'.*8# # %(# "$$'&,"+,'(# %+# '(# "# &'(+-,6.8# :# 1"# &-8"+,'(# )4.(# -%0-'.*%/%(+#

*8)"0'0,=.%#,(+%-&'//.("1#8#I'LS#o#%-&)%&*%-#"KL#

#

6 !"#$$%&'#('%)*5.*&%)$%22#('%)*@#$%#+,*#%0&#*-&9)%00(-&#(.%=#5(#&B91(&*+,%#2%#5(#=/-0/11(&*/-<#

=>%0&#+,%#-/,0#)%&)/,./-0#,-%#0%-0*E*5*&9#=B%_#5>%-0%1E5%#2%0#=*:(5*%)0L#h?1%#0*#&/,0#-%#0/-&#'(0#

(2B9)%-&0#2>,-%#;h;F#/,#2%#n*(,#X()2*-#I%-&)%')*0%#2>*-0%)&*/-#+,*#')/2,*&#%&#=/11%)=*(5*0%#2%0#

59:,1%0#E*/5/:*+,%0K<#&/,0#%00(7%-&#%&#'%-0%-&#+,>*5#%0&#')949)(E5%#2%#=/-0/11%)#2%0#')/2,*&0#

5/=(,V#I1()=B90<#(=B(&#2%#')/2,*&#5/=(,V#%-#9'*=%)*%#/,#1(:(0*-#E*/><#=/-=*%):%)*%#2>%-&)%')*0%KL#

F/,)# '5,0*%,)0# 2>%-&)%# %,V<# 5>(2B90*/-# T# ,-%# ;h;F# (# ')9=929# =%55%# 2%# 5>(2B90*/-# T# ,-# =5,E#

$UZ;AWQL# A>B7'/&BN0%# %0&# +,%# 5%# 4(*&# 2>?&)%# 0%-0*E5%# T# 5(# ')/.%-(-=%# 2%0# ')/2,*&0# +,%# 5>/-#

=/-0/11%<# 1(*0# 9:(5%1%-&# T# 5>,&*5*0(&*/-# 2>*-&)(-&0# /,# 2%# '%0&*=*2%0<# &/,=B%# T# 5(# 4/*0#

5>*-2*.*2,(5*&9# 3#=/-0/11%)#1*%,V# '/,)# 2%0# +,%0&*/-0# 2%# 0(-&9#8<# &/,&# %-# 0,''/0(-&# +,%# 5>/-#

0>*-&%))/:%#0,)#5%0#*1'(=&0#2%#-/0#')(&*+,%0L#h(-:%)#E*/#Ä#%&#5/=(5<#=>%0&#(,00*#')%-2)%#%-#=/1'&%#

5(#2*1%-0*/-#&%))*&/)*(5%#2%#5>(=&%#2%#=/-0/11(&*/-#@#3#?&)%#0/5*2(*)%#2%#5(#')(&*+,%#(:)*=/5%<#2%#

4(*)%# .*.)%# 2%0# ')/2,=&%,)0# 2%# 0/-# &%))*&/*)%<# +,*# /-&# 2%0# ')(&*+,%0# )%0'%=&,%,0%0# 2%#

5>%-.*)/--%1%-&#8L# $>%0&# ,-%# 4/)1%# 2%# 3#4*-(-=%# 0/5*2(*)%#8L# $B(-:%)# 0%0# ')(&*+,%0# 2%#

=/-0/11(&*/-<# 0%)(*&6*5# ,-# ')%1*%)# 9=B%5/-<# '/,)# 0>*1'5*+,%)# %-0,*&%# 2(.(-&(:%# 0,)# 0/-#

&%))*&/*)%#2%#.*%#b#

$!!!4FYF_7#&4%$+#%(#8&'.+"(+#%+#%(#1,$"(+#*1%,(#)%#&A'$%$7#*%+,+#:#*%+,+7#*.,$#'(#8+",+#*1.$,%.-$#$.-#F.6,2-%#:#

9'.1',-#/'(+%-# .(%#FYF_#)'(&# B4",# *"-+,&,*87# >4"9",+# .(%# 9'1'(+8# *'1,+,=.%# ".$$,# )%#/'(+%-# &%# 0%(-%# )%#

&A'$%$7#*"-&%#=.4,1#>#%(#"9",+#",11%.-$7#>4%(#"9",+#$.-#C1%-/'(+#".$$,7#)'(&#&48+",+#,/*'-+"(+7#1:#B4",#*"-+,&,*8#

"&+,9%/%(+#J#I'L"#o#%-&)%&*%-#eK!

CA%U#Y,&A%1,(#,1$#'(+#'.9%-+#.(%#&'(&,%-0%-,%#)4%(+-%*-,$%#%+#B%#*-%()$#1%$#*"(,%-$#5-.,+$#%+#180./%$#1:?6"$7#

&4%$+#.(#"0-,&.1+%.-#)%#C'.-('(#%+#,1$#5'(+#9%(,-#%(#*1.$#)%#+%/*$#%(#+%/*$#)%$#5-.,+$#%+#180./%$#)4",11%.-$#I'Le#o#%-&)%&*%-#!OK#

#

#

#

#

#

! !CC#

#

4""5)'&16)

!LDL#[-#)%X%&#2%0#'()&*0#'/5*&*+,%0#&)(2*&*/--%50#b#

A(#1(X/)*&9#2%0#=*:(5*%)0#0/-&#2%0# *-2*.*2,0#3#'/5*&*090#8<#(==/)2(-&#,-%# *1'/)&(-=%#T# 5(#2*1%-0*/-#

'/5*&*+,%#2%#5(#0/=*9&9<#0>*-&%))/:%(-&#0,)#5%#1/2N5%#/==*2%-&(5#2%#')/2,=&*/-g=/-0/11(&*/-#%&#0%0#

5*1*&%0<# 2%0# *29%0# =/-=)9&*09%0#'()#,-# =%)&(*-#-/1E)%#2%#')(&*+,%0L#$%5(#'/,))(*&# 5(*00%)# T#'%-0%)#

+,%#=%0#'%)0/--%0#0/-&#9:(5%1%-&#*-.%0&*%0#(,#0%*-#2%#'()&*0#'/5*&*+,%0L#n*%-#(,#=/-&)(*)%<#,-#0%,5#

=*:(5*%)#%0&#(2B9)%-&#T#,-#'()&*#'/5*&*+,%#&)(2*&*/--%5#%&#,-#(,&)%#0>*-&%))/:%#0,)#5%#4(*&#2%#0>*1'5*+,%)#

2(-0#,-#-/,.%(,#'()&*#3#Y/,.%55%#G/--%#8L#Y/,0#)%&)/,./-0#2(-0#5%0#2*0=/,)0##2*.%)0%0#=)*&*+,%0#2%0#

4/)1%0#&)(2*&*/--%55%0#2>%-:(:%1%-&#'/5*&*+,%#@#5(#B*9)()=B*%<#5>(0'%=&#'5,0#2*0=,)0*4#+,%#=/-=)%&#2%#

5(#'/5*&*+,%#I/,#2%0#'/5*&*=*%-0#bKL#Y/,0#)%&)/,./-0#,-#=%)&(*-#3#290%-=B(-&%1%-&#8#2%0#=*:(5*%)0#.*06

T6.*0# 2%# 5(# 0'BN)%# '/5*&*+,%#3#=5(00*+,%#8L# $%0# *-2*.*2,0<# 0/-&# 2(.(-&(:%# 2%0# ')(&*=*%-0<# '/)&%,)0#

2>,-%#(=&*/-#=/-=)N&%L#;*-0*<# 0*# 5%,)#%-:(:%1%-&#(,#-*.%(,#-(&*/-(5# )%0&%# 5*1*&9<#'5,0*%,)0#2>%-&)%#

%,V#'()&*=*'%-&#/,#0/,B(*&%)(*%-&#'()&*=*'%)#T#5(#'/5*&*+,%#5/=(5%<#-/&(11%-&#(,#-*.%(,#1,-*=*'(5#@#

3#C4%$+#.(#&A',3#@#*'1,+,=.%#J7#B%#(4",/%#*"$#1%#/'+#*'1,+,=.%#*"-&%#=.%#B%#(%#$.,$#*"$#.(%#+A8'-,&,%((%7#/",$#'.,#

&4%$+#.(%# 5"I'(#)4"0,-7# 5".+#),-%#/',# B4"9",$#dk#"($#%(#km7#)'(&#dk#"($# B%#(4",# -,%(#9.#*"$$%-#)%#km7#/",$#*"-#

&'(+-%#14"*-2$7#1%$#*-,$%$#)%#*'$,+,'($#*'1,+,=.%$#%+#1%$#-851%3,'($#$.-#@#=.4%$+?&%#=.%#B%#5",$#)%#/"#9,%7#=.4%$+?&%#

=.%# B%# 5",$# )"($# 1"# $'&,8+87# &'//%(+# B%# /%# *'$,+,'((%#[#J7# '.,# B4",# 6,%(# *"-+,&,*8# :# +'.+# I"7# "9%&# +'.$# 1%$#

/'.9%/%(+$# =.%# B4",# *.# 9',-# *"$$%-7# "9%&# )%$# +o+'((%/%(+$7# B%# $.,$# .(# *%.# "118%# 9',-# +'.$# 1%$# +-.&$# =.,#

*'.9",%(+# *"$$%-7# B%# $.,$# "118%# 9',-# &%# =.%# *-'*'$",+# 1%# _H7# B%# $.,$# "118%# 9',-# 1%$# ^-'+$R,$+%$7# B%# (4",# *"$# 8+8#

")A8-%(+%#:#.(#*"-+,7#/",$# B%#$.,$#"118%#:#)%$#&'(58-%(&%$7# B%#$.,$#"118%#:#)%$#&A'$%$#=.,#$'(+#'.9%-+%$#:#+'.+#

*.61,&7#=."()# B4"9",$#Xr#"($7# $,#'(#(%# 5",+#*"$#I"#:#Xr#"($#=."()#%$+?&%#=.4'(# 1%# 5",+# N-,-%P7# B4"9",$#).# +%/*$7#

B4"9",$#)%# 1"#&.-,'$,+87# B%# 1L",# +'.B'.-$7#6'(#*%.+?M+-%#/',($#*"-&%#=.%#>4"#)%$#&A'$%$#'<# B%#/%#$.,$#),+#=.%#&%#

(48+",+#*"$#*'.-#/',#N-,-%P#NOP#a4",#B"/",$#5",+#*"-+,%#)4.(#*"-+,#*'1,+,=.%7#*"-&%#=.4,1#>#"#+-'*#)%#)86"+$#)4,)8%$7#

/',#B4",/%#6,%(#&%#=.,#%$+#&'(&-%+#8#I'L#C#%&#e#o#%-&)%&*%-#]K#

3#G+#"*-2$#)%.3,2/%#%3*8-,%(&%#=.%# B4",# %.#:# 1"#/M/%#8*'=.%# B4",#)f#/4,($&-,-%#".#_H7#*-%/,2-%#%3*8-,%(&%#

*'1,+,=.%# %+# 1:# B48+",$# "$$%U# B%.(%7# B4"9",$# *"$# 0-"()?&A'$%# :# ),-%7# B48+",$# .(# *%.# %(# $*%&+"+%.-# %+# 1%# _H# $4%$+#

,($+,+.+,'(("1,$8#&'//%#+%17#>4"#)%$#"(&,%($#=.,#'(+#)%$#*1"&%$7#)%$#&A'$%$#&'//%#I"7#=.,#$'(+#+-2$#-%$*%&+8$#%+#

>4"#.(%#6"$%#=.,#*%.+# 1%9%-# 1%#)',0+#*'.-#),-%#&%#=.4%11%#*%($%7#/",$#A%.#9',1:#"*-2$#>4"#)%$#0%($#=.,#$'(+#".#

*'.9',-7# 5,(# 9',1:# I"#/4"# *"$# +-'*# *1.# &%# &W+8?1:7# 1"# A,8-"-&A,%# *'1,+,=.%7# I"#/4"# *"$# *1.# ).# +'.+# %+# I"#/4"#

9-",/%(+#*"$#6-"(&A8#/",$#B4",#)f#-%$+%-#")A8-%(+#e?j#"($#%+#&'//%#&4%$+#1"#*8-,')%#'<#B%#/%#$.,$#-%&'(9%-+,#

%(#*1.$#B4",#*"$#/"1#6'.087#)'(&#B4",#8+8#")A8-%(+#:#^'.-$7#"*-2$#'(#%$+#*"-+,#:#Q,0(%7#B%#$.,$#"118#9',-#&%#=.,#$%#

*"$$",+#".#_H#)%#Q,0(%7#"*-2$#'(#%$+#/'(+8#:#C"A'-$7#)'(&#B4",#".$$,#-%0"-)8#&%#=.,#$%#*"$$",+#:#C"A'-$#%+#B4",#

*"$#+%$+8#1%#_H#&"(+"1,%(#).#&'.*#N-,-%P#*"-&%#=.%#).#&'.*#B48+",$#")A8-%(+#".#Y')%/7#B%#/%#@#&%(+-',$8#J;###

@#Y',# B%# $.,$# *1.$# *-"+,=.%7# &4%$+# *'.-# I"# ".$$,# =.%# 1"# *'1,+,=.%# I"# (%#/%#*"-1%# *"$7# "*-2$# *"-# 1%# 6,",$# )%# 1"#

*-"+,=.%7# 14FYF_7# 1%$# CDEF!GH7# &4%$+# *-"+,=.%# 1:# '(# 5",+7# '(# "# &"--8/%(+# .(%# "&+,'(7# &%# (4%$+# *"$# =.%# )%# 1"#

*"-1'++%7#&4%$+#&"--8/%(+#@#B%#5",$#J#I'Le#6#W-&)%&*%-#JK#

3#'(#9%.+#*"$#M+-%#/,1,+"(+#&'//.(,$+%7#I"#('.$# ,(+8-%$$%#*"$7#'(#%$+#*"$#('(#*1.$#$'&,"1,$+%#*"-&%#=.4'(#$4>#

*%-)#.(#*%.#/",(+%("(+7#&4%$+#6,%(#)'//"0%7#/",$#6'(#'(#$%#),+#=.%#>4"#=."()#/M/%#.(%#0-'$$%#*"-+,%#)%$#

*-'612/%$#=.,#%$+#1,8%#:#1"#$*8&.1"+,'(#$.-#+'.+#.(#+"$#)%#&A'$%$7#>#&'/*-,$#)"($#1%#/'()%#"0-,&'1%7#/',#=.,#$.,$#

! !CD#

.(#*%.#*1.$#I"7#1"#$*8&.1"+,'(#*"-#%3%/*1%#$.-#1%#618#I'L!P#o#%-&)%&*%-#DK#

!LJL#G%0#=())*N)%0#2>*1'5*=(&*/-#*-2*.*2,%55%#:%-)9%#b#

$B%_# 5%0# =*:(5*%)0# *-&%).*%w90<# *5# %0&# '/00*E5%# 2%# ./*)# ,-%# =%)&(*-%# ')949)%-=%# 0%V,9%# 2(-0# 5%0#

2/1(*-%0# 2>*-.%0&*00%1%-&L# A(# '()&*=*'(&*/-# T# 2%0# (00/=*(&*/-0# 0'/)&*.%0<# 5>(=&*.*&9# 07-2*=(5%# /,# 5(#

'()&*=*'(&*/-# T# ,-# 9=B%5/-# '/5*&*+,%<# 0%# )%&)/,.%# 2(.(-&(:%# 2,# =H&9# 1(0=,5*-<# &(-2*0# +,%# 5%0#

(00/=*(&*/-0#B,1(-*&(*)%0<#=,5&,)%55%0<#0/=*(5%0#/,#%-.*)/--%1%-&(5%0#0/-&#2(.(-&(:%#/==,'9%0#'()#

5%0#4%11%0L##

!L]L#[-#1/1%-&#2%#),'&,)%#2(-0#5%#'()=/,)0#

$B%_#2%#-/1E)%,V#=*:(5*%)0<#5>*1'5*=(&*/-#0>%0&#4(*&%#0,*&%#T#,-%#E*4,)=(&*/-#E*/:)('B*+,%<#%-&)(M-(-&#

,-#=B(-:%1%-&#2%#)7&B1%<#2>%-.*)/--%1%-&#:9/:)('B*+,%<#0/=*(5<#=,5&,)%5#%&=L#$%#0/-&#%-#%44%&#2%0#

1/1%-&0# ')*.*59:*90# '/,)# =B/*0*)# 2%# 0>*1'5*+,%)<# =()# 5>*-2*.*2,# %0&# /E5*:9# 2%# 3#0/)&*)# 2%# 0(# _/-%# 2%#

=/-4/)&#8L#$%0#1/1%-&0#2%#),'&,)%#'%,&6?&)%#2%#5>/)2)%#2>,-#45,V#1*:)(&/*)%<#2>,-%#09'()(&*/-<#2%#5(#

'%)&%#2%# 0/-# =/-X/*-&<#2>,-%# )9/)*%-&(&*/-#')/4%00*/--%55%<#2>,-%# )%')*0%#2>9&,2%<#2>,-#9.9-%1%-&#

+,*# (44%=&%# 5%# +,/&*2*%-# I=/11%# 5(# 4%)1%&,)%# 2%# 5>9=/5%# 2%# 5(# =/11,-%K<# ./*)%# '5,0*%,)0# 2%# =%0#

9591%-&0#0*1,5&(-91%-&L##

I`#')/'/0#2>,-%#)%')*0%#2>9&,2%K#3#C4%$+#9%(.#"9%&#1"# 1%#/"$+%-7#*"-&%#=.%#/',# B%#(4"9",$#*"$# 1%$#818/%(+$#

"9%&# 1"# 5,1,2-%$# "8-'(".+,=.%$7# &4%$+# +-2$# +%&A(,=.%7# >4"# B"/",$# )48&'('/,%7# &4%$+# *1.$# =.4.(%# *-,$%# )4.(%#

&'($&,%(&%7#/",$#&4%$+#/M/%#.(%#5'-/%#)%#-89'1+%7#*"-&%#=.%#&4%$+#9-",#=.%#=."()#'(#-%0"-)%#1%#+-.&#5".+#9',-#&%#

=.4'(#)%/"()%#".#&,+'>%(#1"/6)"#*'.-#%(-,&A,-#1%O#y4"#-,%(#)%#('.9%".#$'.$#1%#$'1%,1#&%-+%$7#/",$#14A,$+',-%#$%#

-8*2+%#%+#1%$#0%($#(4"**-%((%(+#*"$7#&4%$+#I"#=.,#%$+#+%--,61%7#'.",$#1"#*-,$%#)%#&'($&,%(&%#%11%#9,%(+#)%#1:7#"*-2$#

$.-#14.+,1,$"+,'(#)%$#'.+,1$7#FYF_7#CDEF!GH7#'.,#I"#9,%(+#"*-2$#J#I'LD#o#%-&)%&*%-#!"K#

3#IsK# a48+",$# *"$# )"($# .(# /,1,%.# *'-+%.-# )%# I"7# *"-&%# =.%# B48+",$# )"($# .(# /,1,%.# )%# &'($.1+,(07# +-2$# +'.-(8#

6.$,(%$$7#%(#/')%#@#B%#)8&'.9-%#1%#/'()%7#B%#9'>"0%#*"-+'.+7#B%#5",$#).#&'.&A$.-5,(0#J7#9',1:#%+#B%#$.,$#*"$$8%#)%#

&%#/,1,%.#:#@#>4"#*1.$#+'.+#I"#%+#B%#&'/61%#*"-#=.',#)4".+-%#J7#'.,#%+#1:#>4"#%.#1%$#CDEF!GH#8#I'LC#o#%-&)%&*%-#!OK#

#

;.(-&# 2%# 0>*-.%0&*)# 2(-0# ,-# =5,E# 5%0# $UZ;AWQ<# 5(# +,(0*6&/&(5*&9# 2%0# =*:(5*%)0# /-&# %,# 3#,-%# =())*N)%#

(00/=*(&*.%# /,# '/5*&*+,%#8L# $%# +,*# 5(*00%# '%-0%)# +,%# '/,)# %-&)%)# 2(-0# ,-# =5,E<# *5# 4(,&# 29XT# (./*)#

=/-0/5*29#,-# =(2)%# .(5/)*%5# %&# *29/5/:*+,%<#1(*0# (,00*# +,%# 5%# )90%(,#2%0#$UZ;AWQ#->%0&# .*0*E5%#+,>T#

'()&*)# 2%# )90%(,V# *-&%)192*(*)%0L# Y/,0# (55/-0#1(*-&%-(-&# 2(.(-&(:%# 9&,2*%)# 5%# ')/=%00,0# =*:(5*%)L

! !CJ#

OL#W-&)%)#2(-0#,-#=5,E#$UZ;AWQ#

3#!4"("1>$%#)%$#-",$'($#)%#14%(0"0%/%(+#)"($#1%$#/'6,1,$"+,'($#&'11%&+,9%$#"#1'(0+%/*$#8+8#)'/,(8%#

*"-#.(%#'**'$,+,'(#%(+-%#)%.3#+-"),+,'($#&'(&.--%(+%$# V# 14.(%#K# 1%#&'.-"(+#),+#)%# 1"#/'6,1,$"+,'(#)%$#

-%$$'.-&%$# K# /%++"(+# 14"&&%(+# $.-# 1%$# /'+,9"+,'($# ,(),9,).%11%$# )%# 14"&+,'(7# 14".+-%# $.-# 1%$# -",$'($#

$+-.&+.-%11%$#)%#14%(0"0%/%(+#Jkl;#

$%)&(*-0# =B%)=B%,)0# Ik50/-<# h=$()&B7# %&# p(52<# kE%)0=B(55<# Z(V*%K<# ')*.*59:*%-&# ,-%# ('')/=B%# %-#

&%)1%0#2%#=B/*V#)(&*/--%5<#5>*-2*.*2,#0%#5*.)(-&#T#,-%#(-(570%#2%0#=/u&0#%&#E9-94*=%0#2%#5>%-:(:%1%-&<#

%&# ')*.*59:*%# 5(# 0&)(&9:*%# 2,# &*=d%&# :)(&,*&# I4)%%# )*2%)K# +,*# 5,*# '%)1%&# 2%# ')/4*&%)# 2>,-# E*%-# =/55%=&*4#

')/2,*&#'()#2>(,&)%0<#0(-0#(./*)#T#%-#0,''/)&%)#5%0#=/u&0L#$%0#&)(.(,V#1%&&%-&#=%'%-2(-&#5>(==%-&#0,)#

5%0#)%00/,)=%0#-9=%00(*)%0#'/,)#%V'5*+,%)#5(#1/E*5*0(&*/-<#5%0#1/2%0#2>/):(-*0(&*/-#2%0#1/,.%1%-&0<#

5%0#0&)(&9:*%0#2%0#5%(2%)0#o#/,#2%0#3#%-&)%')%-%,)0#2%#1/E*5*0(&*/-#8L#G>(,&)%0#IU-:5%B()&<#F*__/)-/K#

/-&#(V9#5%,)0#)%=B%)=B%0#0,)#5%0#=(,0%0#0&),=&,)%55%0#%&#*29/5/:*+,%0#2%#5>%-:(:%1%-&<#/,.)(-&#5(#./*%#

T#=%#+,%#5>/-#(#',#(''%5%)#,-%#('')/=B%#*2%-&*&(*)%#2%#5(#1/E*5*0(&*/-#=/55%=&*.%#If(1*2*<#OPPOKL##

Y/,0# (./-0# ')*0# %-# =/1'&%# =%0# 2%,V# ('')/=B%0<# %-# (-(570(-&# 5%0# -*.%(,V# 0&),=&,)%50# I')%1*N)%#

'()&*%K# %&# %-# *2%-&*4*(-&# 5%0# 1/&*.(&*/-0# *-2*.*2,%55%0# I2%,V*N1%# '()&*%K<# (4*-# 2>*2%-&*4*%)# ,-%#

&)/*0*N1%#./*V#+,*#29'(00%#5(#2*=B/&/1*%#0=B91(&*+,%#+,*#/''/0%#3#(=&%,)#8#%&#3#0&),=&,)%#8L#G(-0#5(#

=/-&*-,*&9# 2%# &)(.(,V# =/11%# =%5,*# 2%# n%)&# Å5(-2%)1(-0<# Q72-%7# \())/wJJ<# -/,0# (./-0# %00(79#

2>95(E/)%)#,-#1/2N5%#2>(-(570%#%-#&)/*0#9&('%0#@##

! A(# 4/)1(&*/-# 2>,-# '/&%-&*%5# 2%# 1/E*5*0(&*/-<# =%# +,%# -/,0# (./-0# )%:)/,'9# 0/,0# 5%# -/1# 2%0#

3#4(=*5*&(&%,)0#2%#5>*1'5*=(&*/-#8#

! A(#4/)1(&*/-#%&#5>(=&*.(&*/-#2%#)90%(,V#2%#)%=),&%1%-&<#+,%#-/,0#(./-0#&)(*&9#2(-0#5(#'()&*%#0,)#

5%0#3#=())*N)%0#(00/=*(&*.%0#%&#'/5*&*+,%0#8#

! #W&# %-4*-# 5(# 1/&*.(&*/-# *-2*.*2,%55%# T# '()&*=*'%)<# +,*# %0&# 4/-=&*/-# 2%0# E())*N)%0# 1*0%0# T# 5(#

'()&*=*'(&*/-<#+,%#-/,0#.%))/-0#2(-0#=%&&%#0/,06'()&*%L###

$/11%# 5%# 0/,5*:-%# $(1*55%# f(1*2*-#@# 5%0# 2%,V# ')%1*%)0# -*.%(,V# 4/)1%-&# ,-%# 3# 1/E*5*0(&*/-# 2%#

=/-0%-0,0# 8<# +,*# -%# 0%# &)(-04/)1%# %-# (=&*/-# +,%# 5/)0+,>%55%# )%-=/-&)%# 5%# -*.%(,# *-2*.*2,%5# 2%# 5(#

1/&*.(&*/-L#A%#'/&%-&*%5#2%#1/E*5*0(&*/-#294*-*&#5%0#5*1*&%0#(,#0,==N0#2>,-#1/,.%1%-&#%&#*5#29'%-2#

-/&(11%-&# 2,# 4(*&# +,%# 5%0# *-2*.*2,0# 0>*2%-&*4*%-&# T# ,-%# =(,0%<# T# 2%0# (=&%,)0# =/55%=&*40<# +,>*50# 0%#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!JD#f;hUGU#$(1*55%<#3#!%$#-",$'($#)%# 14%(0"0%/%(+#"$$'&,"+,5#J7#q%9.%#5-"(I",$%#)%$#"55",-%$#$'&,"1%$#J<#CgOPPO#I-iCK<# 'L!Ce6!JD<# I2/=,1%-&# %-# 5*:-%<# =/-0,5&9# 5%# OP!C6Pe6ODK<# B&&'@ggwwwL=(*)-L*-4/g)%.,%64)(-=(*0%62%06(44(*)%060/=*(5%06OPPO6C6'(:%6!CeLB&1#JJ#G(-0#5%,)#&)(.(*5#@#3#h/E*5*_(&*/-#*-&/#0/=*(5#1/.%1%-&0#@#07-&B%0*_*-:#W,)/'%(-#(-2#;1%)*=(-#('')/(=B%0#8#

! !C]#

)%=/--(*00%-&# 2(-0# 2%0# 0/,06=,5&,)%0# *-=()-9%0# '()# 5%# 1/,.%1%-&# %-# +,%0&*/-L# ;,62%5T# 2%# =%#

'/&%-&*%5#2%#1/E*5*0(&*/-#&B9/)*+,%<#5%0#)90%(,V#0/-&#%00%-&*%50#',*0+,%#=%#0/-&#%,V#+,*#(&&%*:-%-&#

5%0#*-2*.*2,0<#+,*#5%0#1%&&%-&#%-#=/-&(=&#%44%=&*4#(.%=#5>/):(-*0(&*/-L#A>%-:(:%1%-&#-%#0%#=/1')%-2#

%-4*-#+,%#2(-0#5(#)%-=/-&)%#%-&)%#=%#'/&%-&*%5#(=&*.9#%&#5(#1/&*.(&*/-#*-2*.*2,%55%#T#0>%-:(:%)<#+,%#

5%0# (,&%,)0# ./*%-&# =/11%# 4/-=&*/-#2%0# =/u&0# o# 5%0#E())*N)%0#T# 5(#'()&*=*'(&*/-#o#%&#2%0#E9-94*=%0#

%0=/1'&90#2%#5(#'()&*=*'(&*/-L#

OL!L#h/&*.(&*/-0#2%#5>*1'5*=(&*/-#=*:(5*N)%#

U5#%0&#'/00*E5%#2%#&)/,.%)#2%0#)(*0/-0#'5,)*%55%0#+,*#/-&#'/,009#5%0#*-2*.*2,0#T#0>*1'5*+,%)#2(-0#,-#=5,E#

$UZ;AWQ<#')/')%0#(,#'()=/,)0#2%#=B(=,-<#T#5%,)0#0*&,(&*/-0#0/=*/6')/4%00*/--%55%0<#T#5%,)0#(0'*)(&*/-0L#

h(*0# *5# %0&# *1'/)&(-&# 2%# -%# '(0# 4(*)%# (E0&)(=&*/-<# 2,# 4(*&# +,%# =%&&%# *1'5*=(&*/-# )90,5&%# (,00*# 2%# 5(#

)%-=/-&)%#2>,-#*-2*.*2,#(.%=#,-%#/):(-*0(&*/-<#*=*# 5%0#$UZ;AWQ<#+,*#'/)&%-&#2%0#=()(=&9)*0&*+,%0<#2%0#

')(&*+,%0#%&#2%0#.(5%,)0#%&#+,*#/-&#,-#*1'(=&#0,)#5%0#1/&*.(&*/-0#2>,-#*-2*.*2,#T#7#.%-*)#%&#T#7#)%0&%)#@#

3#1%#*"$$"0%#14"&+%#$.**'$%#=.4.(%#%(+,+87#-8&,*,%()",-%#)%$#"$*,-"+,'($#)%$#,(),9,).$7#&'(5'-+%#14%(9,%#

)%#5",-%#).#68(89'1"+#%(#-",$'(#)%$#$,0(".3#=.4%11%#*-').,+#8J]L#F()&*=*'%)#T#,-#=5,E#$UZ;AWQ#0,''/0%#

,-%#=/-=/)2(-=%#%-&)%#5%#')/X%&<#5>/EX%&#2%0#$UZ;AWQ#%&#5%#')/X%&#'%)0/--%5L##

Q%5/-#2*449)%-&0# (,&%,)0<# '5,0*%,)0# 9591%-&0# 0/-&# 0,0=%'&*E5%0#2%# 4(./)*0%)# 5>*1'5*=(&*/-# (00/=*(&*.%#

/,#'/5*&*+,%JS@#

#

Y/,0# (./-0# ',# )%'9)%)# =B%_# 5%0# 2*449)%-&%0# '%)0/--%0# %-+,?&9%0# &)/*0# :)(-2%0# =(&9:/)*%0# 2%#

1/&*.(&*/-0#@##

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!J]# G[nkQ\# Y(&B(5*%<# 3#h/&*.(&*/-0# 2%0# E9-9./5%0#@# ,-%# )%.,%# 2%# 5(# 5*&&9)(&,)%#8<# $(B*%)# 2%# )%=B%)=B%# AkZ<#!gOPP]<# 'LJ<# I2/=,1%-&# %-# 5*:-%<# =/-0,5&9# 5%# OP!C6Pe6ODK<# B&&'@ggwwwL,-*.6/)5%(-0L4)g5/:gG/=6j%=Bg\%V&%06FGzgOPP]6!L'24#"%!GUW[#;--%6h()*%<#3#A%#')/=%00,0#2%# 5>%-:(:%1%-&#./5/-&(*)%#%&#=*&/7%-#@#2%0#.(5%,)0<#2%0# *-2*.*2,0#%&#2%0#(00/=*(&*/-0#8<#'L!C<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6ODK<##B&&'@ggwwwL=%0%'LE%gW\[GWQgWYtW[Çg')/=%00,0x%-:(:%1%-&x./5/-&(*)%L'24##

&!' ()!*+),-.+),!/+!0+*12)*34-5-,6!.2035+!7-*8987-*!/:;)+!*-,;3,-2)!2;!/+!53!*2<-6,6!!

#!' ()+!2<<3*-2)!/:3=-0!2>>+0,+!130!;)+!3**2<-3,-2)!7-*-45+!+,!<2)*-/606+!<2..+!+>?-<3<+!!

@!' ()!*+),-.+),!/+!<2.16,+)<+*!A!/+!<313<-,6!/:3<,-2)!12;0!*:-.15-B;+0!A!;)+!*-,;3,-2)!*2<-28102>+**-2))+55+!>3720-*3),!5+!>3-,!/+!*C-.15-B;+0!

! !CS#

A%0#1/&*.(&*/-0#1/)(5%0#%&#*29/5/:*+,%0#

A%0#1/&*.(&*/-0#(5&),*0&%0#

A%0#1/&*.(&*/-0#*-0&),1%-&(5%0#

G(-0# 5(#'5,'()&#2%0#1/&*.(&*/-0#(.(-=9%0#'()# 5%0#=*:(5*%)0#'/,)#2%.%-*)#9'():-(-&#0/5*2(*)%<# *5#->%0&#

'(0# )()%# 2%# )%&)/,.%)# '5,0*%,)0# =(&9:/)*%0# 2%# 1/&*.(&*/-0<# 1?1%# 0*# 5>,-%# 2>%-&)%# %55%0# '%,&# ?&)%#

')92/1*-(-&%# 0%5/-# 5%0# *-2*.*2,0L# n*%-# %-&%-2,# =%# +,*# 2*449)%-=*%# 5%0# $UZ;AWQ# 2%# 2>(,&)%0# &7'%0#

2>*1'5*=(&*/-# =*&/7%--%<# =>%0&# 5(#2*1%-0*/-#3#9=/-/1*+,%#8#2%# 5(#291()=B%<# 5(# )945%V*/-#(,&/,)#2,#

)(''/)&#%&#2%#5>,&*5*&9#2%#5(#1(--%#4*-(-=*N)%#/==,'(-&#,-%#'5(=%#=%-&)(5%L##

U5#4(,&#(,00*#')%-2)%#%-#=/1'&%#+,%#5%0#%-&)%&*%-0#/-&#9&9#%44%=&,90#(')N0#+,%#5%0#:%-0#(*%-&#'()&*=*'9#

T#,-#=5,E#$UZ;AWQ<#5%0#2*0=/,)0#0/-&#%1')%*-&0#2%#0,EX%=&*.*&9#%&#5%0#1/&*.(&*/-0#(.(-=9%0#/-&#',#0%#

)%-4/)=%)# /,# 9./5,%)# (,# =/-&(=&# 2%# 5>/):(-*0(&*/-<# *5# (,)(*&# 9&9# *-&9)%00(-&# 2>*-&9:)%)# 2(-0# ,-%#

')/=B(*-%#9&,2%#5%#4(=&%,)#&%1'/)%5<#%-#=/1'()(-&#5%0#1/&*.(&*/-0#2%0#*-2*.*2,0#(.(-&#%&#(')N0#?&)%#

%-&)90#2(-0#,-#=5,EL#

(L#A%0#1/&*.(&*/-0#1/)(5%0#%&#*29/5/:*+,%0#@##

A%0#1/&*.(&*/-0#1/)(5%0#%&#*29/5/:*+,%0#4/-&#)949)%-=%#(,#4(*&#2%#294%-2)%#2%0#.(5%,)0<#,-#')/X%&#2%#

0/=*9&9<# 2>?&)%# (=&%,)# 2(-0# 5(# 0'BN)%# ',E5*+,%<# /,# %-=/)%# 2%# 294%-2)%# ,-# ')/X%&# 5/=(5L# $%&&%#

2*1%-0*/-#&)(-0'()(M&#2(-0#5(#+,(0*6&/&(5*&9#2%0#%-&)%&*%-0L##

A%0#$UZ;AWQ<#,-#1/7%-#2%#2/--%)#2,#3#0%-0#8#T#0/-#():%-&#

Y/,0#)%&)/,./-0#=B%_#2%#-/1E)%,V#=*:(5*%)0#,-%#)945%V*/-#0,)#5%#0%-0#%&#5>,&*5*0(&*/-#2%#5%,)#():%-&<#

'5,0# 0'9=*4*+,%1%-&# 0,)# 3#=/11%-&# )%2/--%)# ,-%# ,&*5*&9# 0/=*(5%# T# 5%,)# 9'():-%#8L# U5# 7# (# 2(-0# 5%0#

2*0=/,)0<#,-%#4/)&%#=)*&*+,%#2%# 5(#0'9=,5(&*/-#4*-(-=*N)%<#+,%#5>/-#)%&)/,.%#2(-0# 5%#1/-2%#E(-=(*)%<#

/,# 2(-0# 5%# 1/-2%# 9=/-/1*+,%# I:)(-20# :)/,'%0# *-2,0&)*%50KL# G%,V# =)*&*+,%0# 2,# 070&N1%# E(-=(*)%#

)%.*%--%-&# 2%# 4(^/-# )9=,))%-&%#@# ')%1*N)%1%-&# ,-# 1(-+,%# 2%# &)(-0'()%-=%# 0,)# 5>,&*5*0(&*/-# 2%#

5>9'():-%#I+,*#5(#'5,'()&#2,#&%1'0#0%)&#T#4*-(-=%)#2%0#4*)1%0#1,5&*-(&*/-(5%0KL#W&#2%,V*N1%1%-&#,-%#

%V=5,0*/-# 2>,-%# '()&*%# 2%# 5(# '/',5(&*/-# (,V# ')?&0# E(-=(*)%0# =5(00*+,%0# I5>B9)*&(:%<# 5%# =('*&(5#

=/-2*&*/--%# %-# '()&*%# (,X/,)2>B,*# 5%# 4(*&# 2%# '/,./*)# =)9%)# 0/-# %-&)%')*0%# /,# 2>(./*)# (==N0# T# 5(#

')/')*9&9# (.%=# '5,0# /,# 1/*-0# 2%# 4(=*5*&9KL# F/,)# 2%0# *-2*.*2,0# +,*# '()&(:%-&# 2%0# .(5%,)0#

%-.*)/--%1%-&(5%0#/,#0/=*(5%0<#5(#+,%0&*/-#2%#5>,&*5*0(&*/-#2%#5>():%-&<#2%#=%#T#+,/*#*5#0%)&#T#4*-(-=%)<#

1(*0#(,00*#2%0#*-9:(5*&90#0/=*(5%0#=(,09%0#'()#=%#070&N1%<#%0&#')*1/)2*(5%L##

3#_.,$#"*-2$# 14,)8%#=.4,1#>#%$+#.(%#)8/"-&A%#*1.$#/,1,+"(+%#=.',7#.(#*%.#*1.$#*'1,+,=.%7#&48+",+#)%#),-%7# 14"-0%(+#

=.%# B%#/%+$#)"($# 1"#CDEF!GH#&4%$+#".+"(+#)4"-0%(+#=.%# B%#/%++-",$#*"$#:# 1"#6"(=.%7#/',# B4",# B"/",$#%.7#$,#6'(#

=."()#B48+",$#B%.(%#B4",#'.9%-+#.(#*1"(#)48*"-0(%#1'0%/%(+7#/",$#&4%$+#*"-&%#=.%#1%#0"-$#"#).#&-8),+#"0-,&'1%#:#)f#

! !Ce#

M+-%#+-2$#&'(9",(&"(+#%+#/',#B48+",$#+-2$#B%.(%7#$,('(#B%#&-',$#*"$#).#+'.+O#b."()#'(#9',+#1%$#6"(=.%$#&%#=.%#&4%$+#

)%9%(.7#/M/%#)%$#6"(=.%$#/.+."1,$+%$#&'//%#1%#CF#8#I'L!P#o#%-&)%&*%-#"K#

@#'(#$%#),+#=.%#>4"#=."()#/M/%#.(%#0-'$$%#*"-+,%#)%$#*-'612/%$#=.,#%$+#1,8%#:#1"#$*8&.1"+,'(#$.-#+'.+#.(#+"$#)%#

&A'$%$7#>#&'/*-,$#)"($#1%#/'()%#"0-,&'1%7#/',#=.,#$.,$#.(#*%.#*1.$#I"7#1"#$*8&.1"+,'(#*"-#%3%/*1%#$.-#1%#6187#1%#

&'1U"7#+'.+%#&%++%#$*8&.1"+,'(?1:#%11%#5",+#*%.-#*"-&%#&%#=.4%11%#$%#5",+#+'.B'.-$#"9%&#.(#$%.1#'6B%&+,57#&4%$+#0"0(%-#

)%#14"-0%(+7#*%.#,/*'-+%#1%$#&'($8=.%(&%$#=.4,1#>#"#)%--,2-%7#=.4,1#>#",+#)%$#0%($#=.,#(4",+#*1.$#&%#-",$'((%/%(+?

1:7#=.,#9%.1%(+#6,%(#0"0(%-#)%#14"-0%(+7#*"-&%#=.%#6'(#,1#5".+#=."()#/M/%#=.%#+'.+#1%#/'()%#*.,$$%#9,9-%7#/",$#

%(# $%#*-8'&&.*"(+#)%$#&'($8=.%(&%$#=.%#I"#*%.+#"9',-7# I"#9-",/%(+#&4%$+#=.%1=.%#&A'$%#=.,#('.$# ,(+8-%$$%#8#I'L!P#o#%-&)%&*%-#DKL##

@#Ln,(# >4"# $f-%/%(+# .(# /')21%# =.,# %$+# *1.$# 8=.,+"61%# %+# .(%# /%,11%.-%# -8*"-+,+,'(# )%$# -,&A%$$%$# $f-%/%(+# :#

5",-%#J#I'LJ#6#%-&)%&*%-#!"K#

@11#/%#$%/61",+#=.%#1%#5,("(&%/%(+#)%#148&'('/,%#&'(),+,'((",+#6%".&'.*#14'-,%(+"+,'(#)%#148&'('/,%#%+#=.%#$,#

'(#"--,9",+#:#&A"(0%-#I"#%+#6%(#'(#*'.--",+#&A"(0%-#*"$#/"1#)%#&A'$%$#8#I'LJ#%-&)%&*%-#!CK#

C4%$+#.(#+'.+7#&%#=.,#%$+#6,%(#".$$,#&4%$+#=.%#&4%$+#.(%#",)%#1'&"1%7#I"#-%()#$%-9,&%#:#=.%1=.4.(7#('.$#I"#('.$#5",+#

.(%#8*"-0(%7#&4%$+#.(%#/"(,2-%#)48*"-0(%-#%+#*1.+W+#=.%#)%#1",$$%-#('+-%#"-0%(+#:#1"#6"(=.%#=.,#%11%#%(#5%-"#B%#

(%#$",$#=.',#N'LC#o#%-&)%&*%-#eK#

A(#'5,'()&#2%0#=*:(5*%)0#(.(*&#(1/)=9#,-%#)945%V*/-#(,&/,)#2%#=%0#&B91(&*+,%0<#./*)%#0>9&(*&#*-&9)%009%#

T# 5(# 4*-(-=%# 0/5*2(*)%# /,# 1?1%# (,V# $UZ;AWQ<# (.(-&# 2>%-&)%)# 2(-0# ,-# =5,E# $UZ;AWQL# # ;*-0*<# 2%,V#

=*:(5*%)0#/-&#29=/,.%)&#5(#4*-(-=%#0/5*2(*)%#2(-0#5%#=(2)%#2%#5%,)0#9&,2%0<#2/-&#,-%#(.(*&#29XT#0/,0=)*&#

,-#=/1'&%#T#5(#YWz#(.(-&#2>%-&)%)#2(-0#5%0#$UZ;AWQ#@#

@#a4",#)8&'.9%-+# 148*"-0(%#$'1,)",-%#"9%&#/'(#8&'1%7#+.#$",$#0-o&%#:#/'(#$+"0%#:# 1"#cGn#NOP#!4,)8%#)%#14"-0%(+7#

148*"-0(%#=.,#$%-+#9-",/%(+#1%$#*-'B%+$#I"#/4"#$8).,+#=.',7#1%#5",+#)%#$"9',-#'<#9"#14"-0%(+7#)%#$"9',-#=.4,1#>#"#.(%#

8+A,=.%# ".# (,9%".# )%$# *1"&%/%(+$7# =.4,1$# 8+.),",%(+# 9-",/%(+# +'.$# 1%$# *-'B%+$7# +'.$# 1%$# ,/*"&+$# $.-+'.+# )%$#

*-'B%+$7#.(%#+-"($*"-%(&%#+'+"1%#".#(,9%".#)%# 14'-,%(+"+,'(#)%#+'(#8*"-0(%#J# IsK#3#_'.9',-#M+-%#"&+%.-#)%#$'(#8*"-0(%7#*"-&%#=.%#&%#=.,#/%#61'=.%#".$$,#"9%&#1%#$>$+2/%#+-"),+,'((%1#7#*"-&%#=.%#B4",#".$$,#).#&'.*#.(#1,9-%+#:#

1"#C",$$%#)4t*"-0(%#=.%#B4",#)%*.,$#0"/,(%7#&4%$+#.(#_G!#%(#5",+7#&%#=.,#/%#)8-"(0%#1:?)%)"($#&4%$+#=.%#/'(#_G!#

B%#$",$#=.4,1#*%.+#"11%-#5,("(&%-#B%#(%#$",$#=.',7#1"#)85'-%$+"+,'(7#B%#(%#$",$#/M/%#*"$#%(#5",+#&%#=.4,1#5,("(&%#&4%$+#

I"#=.,#/%#61'=.%7#/M/%#$,#:#1"#cGn#B%#(%#$",$#*"$#9-",/%(+7#B%#)'((%#)%$#'-,%(+"+,'($#=.,#5'(+#=.%#B%#$.,$#*1.$#

*'.-#=.%#/'(#8*"-0(%#%11%#",11%#)"($#+%1#'.#+%1#$%&+%.-#)4"&+,9,+87#/",$#".#/',($#B%#$",$#=.%#I"#9"#)"($#.(#*-'B%+7#

=.4,1$#5'(+#*"$#=.%#1%#),-%7#,1$#1%#5'(+#".$$,7# B%#$",$#9-",/%(+#=.%#1%#*-'B%+#,1#$%-"#$'.+%(.7#=.%#/'(#"-0%(+#,1# ,-"#

)"($#.(#*-'B%+#)4.(%#*%-$'((%#=.,#".-"#1%$#/M/%$#9"1%.-$#=.%#/',#%+#*.,$#=.%#I"#9"#*"$#%(#6'.-$%#%+#=.%#I"#

5,("(&%#*"$#+'.+#&%#$>$+2/%?1:#8#I'L#J#%&#!!#o#W-&)%&*%-#!K#

h(*0# =>%0&# 0,)&/,&# (.%=# 5>%-&)9%# 2(-0# 5(# 0'BN)%# ')/4%00*/--%55%# %&# 5>(=+,*0*&*/-# 2>,-# -*.%(,# 2%# .*%#

3#0(&*04(*0(-&#8<#%&# 5>(==,1,5(&*/-#2>,-%#9'():-%<#+,%# 5%0#=*:(5*%)0#/-&#=/11%-=9#T#0>*-&%))/:%)#0,)#

=%&&%#&B91(&*+,%#%&#T#=B%)=B%)#2%0#1/7%-0#2>(=&*/-#@#

8#,1#>#"#.(%#&A'$%#=.,#/4"#0M(8#=."()#B%#/%#$.,$#-%+-'.98#:#C1%-/'(+?n%--"()#"9%&#/'(#*'$+%7#&4%$+#=.%#B4",#%.#

.(#$"1",-%7# B.$=.%?1:# B4"9",$#*"$#6%$',(#)%#-%9%(.$#*"-+,&.1,%-$7#%+#=."()# B4",#%.#/'(#$"1",-%# B4",# -%/6'.-$8#.(#

*-M+#=.%#B4"9",$#%+#:#*"-+,-#).#/'/%(+#'<#B4",#-%/6'.-$87#+'.+#)4.(#&'.*#B%#/%#$.,$#-%+-'.98#:#/%++-%#)%$#$'.$#

)%#&W+87#%(#5",+#&%$#$'.$#)%#&W+8#B%#/%#$.,$#),+#@#6%(#B4%(#5",+#=.',7#B%#1%$#/%+$#)%#&W+8#)"($#.(%#6"(=.%7#I"#$%-+#:#

-,%(7#*.,$#=."()#B4%(#".-",$#$.55,$"//%(+#B%#*'.--",$#/4"&A%+%-#.(%#6"-"=.%#J#%+#B%#(%#$",$#*"$7#&48+",+#=.%1=.%#

&A'$%#=.,#/%#0M(",+#%(#5",+7#).#5",+#)4"9',-#&%+#"-0%(+#%+#)%#/%#),-%#=.%#I"#-%$+%#)"($#.(%#6"(=.%#%+#=.%#I"#$%-+#

! !DP#

-,%(7#*"-#-"**'-+#:#/'(#"&+,9,+8#*-'5%$$,'((%11%#%(#5",+# B%#+-'.9%#=.%# B4",#.(#$"1",-%#81%987#&48+",+#9-",/%(+#/"#

-851%3,'(#".#)8*"-+7#&48+",+#)"($#&%++%#)>("/,=.%#)%#@#:#=.',#$%-+#/'(#"-0%(+#J#%(#5",+#%+#%$+?&%#=.%#I"#*%.+#*"$#

$%-9,-#".$$,7#".#/',($#%(#)'((%-#.(%#*"-+,%#*'.-#)%$#&A'$%$#=.,#&'--%$*'()%(+#:#)%$#9"1%.-$#%+#).#&'.*#J#I'LJ#o#%-&)%&*%-#CK)

3#Y',#B%#(%#$.,$#*"$#&'($'//"+-,&%7#B%#(%#*"$$%#*"$#/'(#+%/*$#:#"11%-#5",-%#1%$#/"0"$,($7#B%#9,$#$,/*1%/%(+7#B%#

(4",#*"$#6%$',(#)%#&'($'//%-#*'.-#%3,$+%-#%+#*.,$#B%#(4",/%#*"$#&%#=.%#5'(+#1%$#6"(=.%$#"9%&#1%$#%(+-%*-,$%$7#B%#

(4",/%#*"$#&%#=.%#5'(+#1%$#6"(=.%$#"9%&#1%$#0%($#=.,#'(+#)%$#),55,&.1+8$7#)'(&#=."()#B4",#%.#.(#*%.#)%#$'.$#)%#

&W+8#B%#/%#$.,$#),+#@#=.4%$+?&%#=.%#B4%(#5",$#J7#B%#9",$#*"$#-%/%++-%#I"#)"($#.(%#6"(=.%#"1'-$#=.4,1$#%(#5'(+#.(#*%.#

(4,/*'-+%#=.',#)%# 14"-0%(+#=.4'(# 1%.-#&'(5,+7#I"#*"-"g+#.(#*%.#$,/*1,$+%#/",$#9-",/%(+# B%#$%($#I"# 5'-+7# B4",#*"$#

%(9,%#)%#*"-+,&,*%-#:#&%#$>$+2/%#*"-&%#=.4,1#(%#/"-&A%#*"$#6,%(7#%+#>4"#*1%,(#)%#0%($#=.,#%(#*o+,$$%7#)'(&#)8B:#

=."()#B4"9",$#%.#.(#*%.#)%#$'.$#)%#&W+87#B4"9",$#*"$#/,$#/'(#"-0%(+#)"($#.(%#6"(=.%#/",$#)"($#.(%#/.+.%11%7#

I"#/%# *"-",$$",+# )8B:#/,%.3# =.%# &%# $',+# )"($# .(%#/.+.%11%# =.%# )"($# .(%# 6"(=.%# N-,-%P7# %+# *.,$# 6'(# B4"9",$#

%(+%().#)%$#8/,$$,'($#:#1"#-"),'7# B4"9",$#8+8#$.-#,(+%-(%+#*'.-#5",-%#)%$#-%&A%-&A%$#%+#B4"9",$#%(+%().#*"-18#)%#

n,("($'17#&4%$+#.(#'-0"(,$/%#=.,#$4'&&.*%#)%#5,("(&%#$'1,)",-%#8#I'LD#o#%-&)%&*%-#!PK#

A%0#$UZ;AWQ#@#,-#1/7%-#2%#'()&*=*'%)#(,#29.%5/''%1%-&#2%#0/-#&%))*&/*)%#

A(#2%,V*N1%#1/&*.(&*/-#*29/5/:*+,%#+,%#5>/-#)%&)/,.%#4)9+,%11%-&#2(-0#5%0#%-&)%&*%-0#%0&#5%#4(*&#2%#

'/,./*)# '()&*=*'%)# =/-=)N&%1%-&# (,# 29.%5/''%1%-&# &%))*&/)*(5# %-# 0/,&%-(-&# 4*-(-=*N)%1%-&# %&#

B,1(*-%1%-&# 2%0# ')/X%&0# +,*# '/)&%-&# 2%0# .(5%,)0# 0/=*(5%0<# %-.*)/--%1%-&(5%0<# =,5&,)%55%0# %-#

=/))%0'/-2(-=%#(.%=#=%55%0#2%0#=*:(5*%)0L#$>%0&# 5>*29%#2%#'/,./*)#(./*)#,-%#(=&*/-#=/-=)N&%#%&# 5/=(5%#

0,)# 0/-# &%))*&/*)%# 2%# .*%<# %-# 4(./)*0(-&# ,-#29.%5/''%1%-&#3#2,)(E5%#8L# A%0# $UZ;AWQ#'%)1%&&%-&# 2%#

)%&)(-0=)*)%# %-# ')(&*+,%# 2%0# .(5%,)0# *29/5/:*+,%0L# \/,&%0# 5%0# '%)0/--%0# )%-=/-&)9%0# %-# %-&)%&*%-<#

1%&&%-&# 5>(==%-&#0,)# 5(#-9=%00*&9#+,%# 5%0#')/X%&0#(*%-&#,-%#4/)&%#.(5%,)#(X/,&9%#'/,)# 5%0# &%))*&/*)%0<#

+,>*50# 0/*%-&# (-=)90# &%))*&/)*(5%1%-&L# ;*-0*<# 5%# 0%-0# 2,# ')/X%&<# 0%0# .(5%,)0# %&# 0%0# *1'(=&0# 0,)# 5%#

&%))*&/*)%<#%0&#')*1/)2*(5L#

3#_"-&%#=.%#:#.(#/'/%(+#/',#B48+",$#$.-#&%++%#,)8%#)%$#0-"()%$#,)8%$#=.,#*"-+%(+#).#A".+7#%+#%(#5",+#('(7#,1#5".+#

*1.+W+#=.4'(#1%$#+-"9",11%#%(#6"$#%+#=.4'(#1%$#5"$$%#-%/'(+%-7#5".+#*1.+W+#-%*-%()-%#)"($#14".+-%#$%($7#)'(&#B%#$.,$#

*1.+W+#)"($#&%++%#,)8%#1:#+'.+#)%#$.,+%7#)'(&#*'.-#%(#-%9%(,-#".#5",+#)4%(#),$&.+%-#'.#)4"0,-7# B.$+%/%(+#'(#*%.+#

"9',-# 1%$#&1%5$7# 1%$#),$&'.-$#&4%$+#6,%(7#/",$#=."()#'(#"#1%$#/'>%($#)4"&+,'(#%+#)%#$4%(0"0%-#$.-#)%$#+-.&$#&4%$+#

%(&'-%#/,%.3#J#I'LJK#g#3#C4%$+#9-",#=.%#&%#=.,#"#58)8-8#1%#*%+,+#0-'.*%#)%#1"#CDEF!GH#)%$#Y,1"($#&4%$+#1%#*-'B%+#)%#

148*,&%-,%7#&%#*-'B%+#%(# 1.,?/M/%#('.$#*1",$",+#%+#&'//%(+#>#*"-+,&,*%-7#&'//%(+# 14",)%-7#%+#"*-2$#=."()#'(#"#

)85,(,#.(#*%.#*1.$#('+-%#CDEF!GH7#*"-&%#=.%#I"#(%#*'.9",+#*"$#M+-%#.(%#5,(#%(#$',7#'(#"#-8518&A,#.(#*%+,+#*1.$#".#

+%--,+',-%#$.-#1%=.%1#'(#9'.1",+#$4%(0"0%-#".#$%,(#)%#1"#CDEF!GH#%+#$.-#=.%1#+>*%#)%#*-'B%+#'(#9'.1",+#+-"9",11%-7#%+#

9',1:7#)'(&#I"#&'--%$*'()#+'.+#:#5",+#:#14,)8%#)%#&%#=.%#B%#+4",#)8&-,+#"9"(+7#".+'.-#)%#1"#*"-+,&,*"+,'(#1'&"1%#%+#

14,(+8-M+#)%#I"#6,%(#89,)%//%(+#&4%$+#)%#*"-+,&,*%-#$"($#,(+%-/8),",-%$#J#I'LD#o#%-&)%&*%-#SK#

3#Y',#&%#=.%#B4",/%#6,%(#)"($#1"#CDEF!GH#&4%$+#=.%#&4%$+#%3+-M/%/%(+#&'(&-%+7#&4%$+#+-2$#'*8-"+,'((%17#&4%$+#.(%#

)>("/,=.%#&'11%&+,9%7#&4%$+?:?),-%#=.%#1%#&1.6#(%#*%.+#*"$#).#+'.+#5'(&+,'((%-#$,#1%$#0%($#(%#$4%(#%/*"-%(+#*"$#

NOP# %+# *.,$# B4",# 14,/*-%$$,'(# =.4:# +-"9%-$# 1%$# CDEF!GH# '(# "0,+# 9-",/%(+# $.-# 14%(9,-'((%/%(+# *-'&A%7# "1'-$# '(#

5,("(&%#*%.#)%#*-'B%+7#/",$#B%#+-'.9%#=.%#=."()#'(#5,("(&%#.(#*-'B%+#B%#+-'.9%#=.%#I"#:#)%#14"11.-%7#I"#"**'-+%#

$'.9%(+#=.%1=.%#&A'$%#".#+%--,+',-%7#".3#A"6,+"(+$7#=."()#B%#9',$#1"#E%(+,"(%#:#\"0('1$7#I"#9'.1",+#9-",/%(+#),-%#

=.%1=.%#&A'$%7#1%#/",-%#('.$#"9",+#-%I.7#&48+",+#+-2$#,/*'-+"(+#*'.-#1.,#=.%#)%$#0%($#)%#1"#9,11%#9,%((%(+#5,("(&%-#

.(# *-'B%+# )"($# $'(# 6'.-07# =.,# /",(+%(",+# 14"&+,9,+87# ('+"//%(+# 14"&+,9,+8# &'//%-I"(+%7# 1"# 6'.&A%-,%7# 1"#

6'.1"(0%-,%7#*.,$=.4,1$#8+",%(+#*-%$+"+",-%$#).#+-.&7#=."()#B%#9',$#1"#E"-0'.,11%#:#H",(+?F/"()?^"1%()%7#&4%$+#wc#

! !D!#

-%$+".-"(+#)"($#.(#9,11"0%7#/",$#&4%$+#.(#-%$+".-"(+#=.,#%$+#,/*'-+"(+#*'.-#&%#9,11"0%7#*'.-#6%".&'.*#)%#0%($#).#

9,11"0%7# 9',1:# )'(&# :# &A"=.%# 5',$# B%# +-'.9%# =.%# I"# "# )%# 14"11.-%# &'//%# ),$%(+# 1%$# =.868&',$# N-,-%P#J# N*;m# K#

%(+-%+,%(#djP#

3#`(#-%0"-)%#*"$#+'.$#1%$#/M/%$#9"1%.-$7#%(#5",+#/',#*%.#/4,/*'-+%7#B%#(%#9%.3#*"$#=.%#&%#$',+#.(#*-'B%+#'<#1%#

6.+#)%#14%(+-%*-%(%.-#&%#$',+#9-",/%(+#)%#$4%(-,&A,-#$"($#5'-&8/%(+#"**'-+%-#)%#*1.$?9"1.%#".#+%--,+',-%7#/',#B%#

$.,$#*1.$#*'.-#"**.>%-#)%$#*-'B%+$#=.,#&-8%(+#).#1,%(#$'&,"1#)'(&#$',+#.(%#6'.+,=.%#"-+,$"("1%#'.#.(#&'//%-&%#

'.#.(#$%-9,&%#:#)'/,&,1%7#*%.#,/*'-+%#"*-2$#1"#9"1%.-#%(9,-'((%/%(+"1%7#I"#*%.+#M+-%#.(#/"I'(#5,(#9',1:#"*-2$#

+"(+# =.%# &4%$+# O# x',1:# *"-# &'(+-%# B4".-",$# *1.$# )%# /"1# *'.-# .(%# $'&,8+8# )%# $%-9,&%# =.,# *'.--",+# $4,/*1"(+%-#

(4,/*'-+%# '<7# +.# 9',$# *"-# %3%/*1%# .(# 0"-$# =.,# 9"# $%#/%++-%# &A%U# 1.,# *'.-# &-8%-# .(%# %(+-%*-,$%# )%# 9%(+%# *"-#

,(+%-(%+#)%#*-').,+$#6,'#=.,#('.$#9,%((%(+#)%#CA,(%7#*"-#%3%/*1%#I"#('(;#_'.-#/',#14,/*'-+"(+#&4%$+#=.%#I"#5"$$%#

9,9-%#1%#+%--,+',-%#NOP#!%#*-%/,%-#&-,+2-%#=.4'(#-%0"-)%#&4%$+#1%#1,%(#".#+%--,+',-%#8#I'L!P#o#%-&)%&*%-#!K#

EL#A%0#1/&*.(&*/-0#(5&),*0&%0#

#A%0#1/&*.(&*/-0#(5&),*0&%0#'%,.%-&#?&)%# )%')90%-&9%0#'()# 5>%-.*%#2>(*2%)#2>(,&)%0#'%)0/--%0<#2%# 0%#

0%-&*)#,&*5%#0/=*(5%1%-&L#U5#%0&#'/00*E5%#2%#)%&)/,.%)#=%&&%#2*1%-0*/-#(5&),*0&%#2(-0#'5,0*%,)0#2*0=/,)0#

2%#=*:(5*%)0<#5%0#$UZ;AWQ#9&(-&#,-#1/7%-#2>(./*)#,-%#,&*5*&9#)%=/--,%#0/=*(5%1%-&<#%-#'()&*=*'(-&#T#5(#

.*%# 2%# 0/-# &%))*&/*)%# 1(*0# 0,)&/,&# %-# (*2(-&# ,-%# '%)0/--%# +,*# 0/,B(*&%# 1/-&%)# 0/-# ')/X%&<# 0(-0#

2*0'/0%)#4/)=91%-&#2%0#)%00/,)=%0#4*-(-=*N)%0#/,#0/=*(5%0#'/,)#5%#4(*)%L#$B%_#5%0#=*:(5*%)0#+,*#1%&&%-&#

%-#(.(-&#2%0#1/&*.(&*/-0#(5&),*0&%0<#-/,0#)%&)/,./-0#,-%#(&&%-&*/-#'()&*=,5*N)%1%-&#T# 5>B,1(*-<#(,#

'/)&%,)#2%#')/X%&<#0(-0#'/,)#(,&(-&#+,%#5%#=H&9#%-&)%')%-%,)*(5#0/*&#/,E5*9L#

3#B%#*%($%#=.%#)"($#1"#=.M+%#)%#&A"&.(#>4"#14,)8%#)%7#=.4'(#)'-+#/,%.3#=."()#'(#$",+#=.4'(#%$+#.+,1%7#=."()#'(#"#

14,/*-%$$,'(#)%#$%#$%(+,-#.+,1%7#=.4'(#"#14,/*-%$$,'(#*-%$=.%#)%#$%#$%(+,-#,(),$*%($"61%7#)%#$"9',-#=.%#*"-&%#=.4'(#

%$+#1:#%+#6%(#'(#&A"(0%#1%$#&A'$%$7#>4"#.(#*%+,+#*%.#+'.+#I"#=.',7#)'(&#$4,/*1,=.%-#=.%1=.%#*"-+#=.%#&%#$',+#"9%&#

)%$#-%$*'($"6,1,+8$#*'1,+,=.%$#'.#"$$'&,"+,9%$#'.#".#$%,(#)%#1"#5"/,11%#%+#+'.+%$#&%$#&A'$%$?1:#6%(#I"#*%-/%+#)%#

$%#),-%#=."()#'(#$%#&'.&A%#%+#6%(#".#/',($#B4",#*"$#$%-9,#:#-,%(#%+#)'(&#B%#*%($%#=.4'(#)'-+#/,%.37#B%#*%($%#=.%#

I"#5",+#*"-+,%#)4.(%#=.M+%#*%-$'((%11%#J#I'L!C#o#%-&)%&*%-#OK#

@#Y',#"*-2$#B%#(4",#*"$#.(#+%/*8-"/%(+#)4%(+-%*-%(%.-7#)'(&#I"#(%#/4"#*"$#+-'*#/"(=.87#/",$#%(#+'.+#&"$#1%#

5",+#)4"9',-#)%#14"-0%(+#".#)8*"-+#)4.(#*-'B%+#&4%$+#&"*,+"17#&4%$+#.(%#89,)%(&%#I";#a%#+-'.9%#=.4,1#>#.(%#,(B.$+,&%#

5'()"/%(+"1%#1:?)%)"($7#>4"#)%$#0%($#=.,#(4'(+#=.4:#)%/"()%-#:#*"*"#%+#/"/"(#*'.-#"9',-#.(#&A2=.%7#/",$#

*'.-#&%-+",($7#*"*"#(%#5%-"#-,%(#).#+'.+#*"-&%#=.4,1#(4"#*"$#1%$#/'>%($7#)'(&#>4"#.(#*%.#)%#I"7#)4%$$">%-#)%#5",-%#

%(#$'-+%#=.4,1#>#%$+#.(#*%.#*1.$#)48=.,+87#*1.+W+#=.%#14"-0%(+#*"$$%#$%.1%/%(+#*"-#1%$#6"(=.%$7#*"-#1"#5"/,11%7#%+#

6,%(#5",$'($#.(#*%.#=.%1=.%#&A'$%#1:?)%)"($7#*"-&%#=.%#&4%$+#&'/*1,=.8#)%#&"*,+"1,$%-7#)%#/%++-%#)%#14"-0%(+#)%#

&W+8#*'.-#&'//%(&%-#:#"9',-#.(%#/,$%#)%#)8*"-+7#$,#,1#(4>#"#*"$#1"#5"/,11%#)%--,2-%#%+#6,%(#I"#(%#1%#5",+#*"$7#%+#$,#

>4"#=.%#)%$#0%($#=.,#'(+#)%# 14"-0%(+#=.,#*%.9%(+#",)%-# 1%$#%(5"(+$#)%$#0%($#=.,#'(+#)%# 14"-0%(+#%+#6,%(#'(#(%#

&A"(0%#*"$#1%#/'()%#N-,-%P7#)'(&#I"#(%#9"#*"$#-89'1.+,'((%-#1"#5,("(&%#,(+%-("+,'("1%7#/",$#'(#%(#5",+#.(#*%.7#B%#

+-'.9%#=.%#I"#9".+#1%#&'.*#J#I'Le#o#%-&)%&*%-#]K#

=L#A%0#1/&*.(&*/-0#*-0&),1%-&(5%0#

W-4*-<#-/,0#)%&)/,./-0#2%0#1/&*.(&*/-0#*-0&),1%-&(5%0#+,*#0/-&#2%#2%,V#/)2)%0#@#(44%=&*.%0#I%-.*%#2%#

0%#4(*)%#2%0#(1*0<#2%#0/)&*)#2%#0(#0/5*&,2%<#2%#0%#./*)#)%=/--,<#E%0/*-#2>(195*/)%)#0/-#%0&*1%#2%#0/*<#

%&=LK# %&# ,&*5*&()*0&%0# @# %-&)%&%-*)# /,# (=+,9)*)# 2%0# =/1'9&%-=%0# %&# 2%0# =/--(*00(-=%0<# 0%# 4(*)%# 2%0#

! !DO#

)%5(&*/-0# ,&*5%0# 0/=*(5%1%-&# /,# ')/4%00*/--%55%1%-&<# %-)*=B*)# 0/-# $v<# (=+,9)*)# 2%# 5(# -/&/)*9&9<#

)9'/-2)%#T#,-#E%0/*-#1(&9)*%5<#%&=L#

$/-=%)-(-&#5(#')%1*N)%#=(&9:/)*%<#=>%0&#')*/)*&(*)%1%-&#5(#)%=B%)=B%#2%#=)9(&*/-#2%#5*%-#0/=*(5#+,*#%0&#

(.(-=9%#'()#5%0#=*:(5*%)0L#G(-0#5(#1(X/)*&9#2%0#=(0<#=%&&%#1/&*.(&*/-#%0&#2/--9%#5/)0+,%#5(#'%)0/--%#(#

.9=,# ,-%# '9)*/2%# 2>*0/5%1%-&# 0,*&%# T# ,-# 45,V# 1*:)(&/*)%<# 1(*0# '/,)# 2>(,&)%0# =%5(# =/))%0'/-2#

2(.(-&(:%#T#5>%-.*%#2>95():*)#0/-#)90%(,#0/=*(5<#)%-=/-&)%)#2%#-/,.%55%0#'%)0/--%0#%-#2%B/)0#2%#0/-#

=%)=5%#B(E*&,%5L#A%0#$UZ;AWQ#0/-&#,-%#2%0#=5%40#2>%-&)9%#2(-0#=%0#)90%(,VL#

@#Q'(&#9',1:#.(%#"--,98%#$.-#C1%-/'(+#'<#B%#/%#-%+-'.9%#$%.1%7#B%#&'((",$#*"$#0-"()#/'()%7#A%.-%.$%/%(+#B4",#

+-'.98# .(%# &'1'&4# =.,# 8+",+# 08(,"1%# %+# =.,#/4"# .(# *%.# $'-+,%# 1"# +M+%# )%# 1"#/'.,$%7# %+# &4%$+# *"-# 14"$$'&,"+,5# N%(#

*-%/,%-#1,%.#1%$#CDEF!GHP#%(#5",+#=.%#B4",#&'//%(&8#:#-%*-%()-%#.(#*%.#*,%)#J#I'L"#6#%-&)%&*%-#"K#

3#C4%$+#)%#&-8%-#.(#-8$%".#%(#5",+7#&4%$+#/%#5",-%#*1",$,-7#&4%$+#+-2$#80'h$+%#%(#5",+7#B%#1%#5",$#*"-&%#=.%#B4",/%#I"#

N-,-%P#%+#.(,=.%/%(+#5,(#*"$#.(,=.%/%(+#*"$#=."$,/%(+#.(,=.%/%(+#*'.-#I"7#&4%$+#=.%#B4",/%#6,%(#I"7#%+#"*-2$#

)'(&#%55%&+,9%/%(+#B%#5",$#).#1,%(#$'&,"17#B%#/%#5",$#)%$#&'*",($7#B%#/%#5",$#)%$#"/,$#"9%&#=.,#B4",#*1",$,-#:#*"$$%-#

).#+%/*$#:#+-"9%-$#)%$#*-'B%+$7#)'(&#I"#&4%$+#&%#=.,#/%#+,%(+#8I'L!C#o#%-&)%&*%-#OK#

G/--%)#2,#0%-0#T#'()=/,)0#

\/,X/,)0#(,#-*.%(,#2%0#1/&*.(&*/-0#*-0&),1%-&(5%0#2>/)2)%#(44%=&*.%<#2%0#=*:(5*%)0#/-&#&)/,.9#2(-0#5%#

')/X%&# =*:(5*%)# ,-%# 4(^/-# 2%# 2/--%)# 2,# 0%-0# T# 5%,)# '()=/,)0<# T# 5%,)# =())*N)%# ')/4%00*/--%55%<# /,#

2>(195*/)%)# 5%,)#%0&*1%#'%)0/--%55%<#0%#0%-&*)#3#4*%)#2%#=%#+,%#5>/-#4(*&#8<#=%#&7'%#2%#1/&*.(&*/-0#0%#

)%&)/,.%-&#%00%-&*%55%1%-&#=B%_#2%0#=*:(5*%)0#+,*#%V%)=%-&#,-#19&*%)#2(-0#,-%#0&),=&,)%#+,*#->%0&#'(0#

'/)&%,0%#2,#1?1%#070&N1%#2%#.(5%,)0#+,%#5%#5%,)L#

#@#!%#$%($#).#*-'B%+#)4.(%#CDEF!GH#5",$",+#8&A'#*'.-#/',7#*"-&%#=.%#&%#(48+",+#*"$#B.$+%#@#B%#)'((%#)%#14"-0%(+#J7#

&4%$+#*"$#=.%#B%#(%#*%.3#*"$7#&4%$+#=.%#I"#(%#/4,(+8-%$$%#*"$7#*"-#&'(+-%#14,(9%$+,$$%/%(+#*%-$'((%1#%+#)'((%-#).#

$%($#:#/"#*-8$%(&%#:#C1%-/'(+?n%--"()#%+#01'6"1%/%(+#:#.(%#9,%#=.',7# I"#9%.+#),-%#=.%# B%#(%#$.,$#*"$#=.4".#

6'.1'+7#B%#*%.3#".$$,#)'((%-#).#+%/*$#:#5",-%#".+-%#&A'$%7#&4%$+#I"#=.,#/4,(+8-%$$",+#J#I'LC#o#%-&)%&*%-#"K#

@#Y',#&%#=.,#/4"#/'+,987#1%#9-",#*',(+#=.,#/4"#5",+#%(+-%-#)"($#1"#CDEF!GH7#&48+",+#1%#*-'B%+#=.4,1#>#"9",+#%.#)"($#1"#

*-%/,2-%#CDEF!GH#)%#C1%-/'(+7#&4%$+#1%#*-'B%+#)%#-%$+".-"(+#@#!"#0"-0'.,11%#J7#%+#1:#B%#/%#$.,$#),+#@#9',1:#.(#+>*%#

=.,#%$+#)%*.,$#)%$#"((8%$#%(#0"12-%7#=.,#(4"--,9%#*"$#:#/'(+%-#$'(#+-.&7#=.,#(4%$+#*"$#=.%#.(#*-'612/%#5,("(&,%-7#

/",$# 9-",/%(+# .(# *-'612/%# )4"&&'/*"0(%/%(+7# 14",)%-# :#/'(+%-# $'(# *-'B%+# ")/,(,$+-"+,9%/%(+# %+&;#J# %+# ).#

&'.*#B48+",$#"118%#1%#9',-7#'(#"9",+#8+8#/"(0%-#&A%U#1.,#*1.$,%.-$#5',$7#%+#9',1:#,1#"9",+#1%#$'.-,-%7#&48+",+#.(#+-.&#=.,#

-'.1",+7#I"#"9",+#/"-&A87#%+#)%#*"-+,&,*%-#:#.(#+-.&#*"-%,17#%+#6%(#'(#%$+#5,%-#%+#*.,$#%(#*1.$#'(#$%#),+#=.4'(#$%-+#:#

=.%1=.%#&A'$%7#I"7#I"#"#8+8#1%#*',(+#)8&1%(&A%.-7#&48+",+#1"#E"-0'.,11%#J#I'LD#o#%-&)%&*%-#JK#

G,# =H&9# 2%0# 1/&*.(&*/-0# ,&*5*&()*0&%0# -/,0# &)/,./-0# 5%# 4(*&# 2>(./*)# ,-# *-&9)?&# '()&*=,5*%)# '/,)#

5>(==/1'(:-%1%-&#T#5(#=)9(&*/-#2>%-&)%')*0%<#=>%0&#'/,)#,-%#=*:(5*N)%#2>%-&)%&%-*)g2>('')/4/-2*)#0%0#

=/1'9&%-=%0#0,)#5%#0,X%&<#1(*0#(,00*#2%#5%0#'()&(:%)<#'/,)#,-#(,&)%#=*:(5*%)#=>%0&#5>/==(0*/-#2>(=+,9)*)#

2%0#-/,.%55%0#=/--(*00(-=%0#0,)#5%#0,X%&L#

! !D"#

3#Y',#B%#$"9",$#)8B:#=.%#I"#/4,(+8-%$$",+#%+#*.,$#1"#&-8"+,'(#)4%(+-%*-,$%#B4")'-%#I"#)'(&#I"#/%#*%-/%++",+#".$$,#

)%#0"-)%-#.(#1,%(#"9%&#I"#%(#$"&A"(+#=.%#9.#=.%#B4",#B"/",$#9-",/%(+#)%#*'$+%#5,3%#I"#/%#*%-/%++",+#)%#-%$+%-#1:?

)%)"($#*.,$=.%#B4")'-%#I"#8#I'LS#o#%-&)%&*%-#!K#

F1'-$# B%# 9",$#*%.+?M+-%# -8*'()-%#.(#*%.#:# &W+87#('.$#"9%&# 1"#C"(+4FQGFq#'(#"# 14A"6,+.)%#)4"&&'/*"0(%-#)%$#

"0-,&.1+%.-$#%+#)'(&#B4",#*"-+,&,*8#*1.$,%.-$#5',$#%+#/',?/M/%#B4"9",$#5",+#/'(#&,-&.,+#:#14,($+"11"+,'(#)'(&#B%#$",$#:#

=.',#-%$$%/61%#.(%#,($+"11"+,'(#"0-,&'1%7#B%#9',$#:#*%.#*-2$#1%$#),55,&.1+8$#=.%#-%(&'(+-%(+#1%$#B%.(%$#=.,#9%.1%(+#

$4,($+"11%-#%(#"0-,&.1+.-%#%+#",($,#)%#$.,+%#%+#B%#*%($%#=.%#1:?)%$$.$#B%#$.,$#"$$%U#*%-+,(%(+#%+#I"#/4"#'.9%-+#N1%$#

CDEF!GHP# $.-# )4".+-%$# +>*%$# )4,($+"11"+,'($7# )4".+-%$# &'(+-",(+%$7# ).# &'.*# B%# +-'.9",$# I"# ,(+8-%$$"(+# *'.-#

&'/*-%()-%7#%(5,(#B%#14",#9.#$.-+'.+#:#+-"9%-$#&%++%#B'.-(8%#)%#5'-/"+,'(7#)4"6'-)#1%$#,(+%-1'&.+%.-$#&4%$+#*"$#1%$#

/M/%$7#B%#9',$#=.%#1%$#*-'618/"+,=.%$#$'(+#*"$#+'.B'.-$#1%$#/M/%$7#I"#*"-+#)%#1"#/M/%#)>("/,=.%7#)4%$$">%-#

)%#5",-%#=.%#1%$#0%($#=.,#$'(+#$.-#1%#+%--,+',-%#&-8",%(+#)%$#"&+,9,+8$#$.-#1%#+%--,+',-%#)'(&#I"#&4%$+#*"-%,1#I"7#"*-2$#

'(#&-8",+#*"$#1%$#/M/%$#&A'$%$#)'(&#B4",#14,/*-%$$,'(#)4"&=.8-,-#.(#*%.#)4%3*8-,%(&%#1:?)%$$.$#I'L!"#o#%-&)%&*%-#OK#

F/,)# 4*-*)<# ,-%#1/&*.(&*/-# ,&*5*&()*0&%# '%,&# ?&)%# =%55%# 2%# )9'/-2)%# T# ,-# E%0/*-# 3#'B70*+,%#8<# T# ,-#

E%0/*-#0,)#0/-#&%))*&/*)%<#'/,)#&)/*0#2%0#=*:(5*%)0<#5>%-&)9%#2(-0#,-#=5,E#$UZ;AWQ#(#9&9#1/&*.9%#'()#5(#

./5/-&9#2%#')90%).%)#,-#=/11%)=%#2%#')/V*1*&9#0,)#5(#=/11,-%###

3#\%(#%(#5",+#('.$#&%#=.,#('.$#,(+8-%$$",+7#&4%$+#*"-#-"**'-+#:#14A,$+'-,=.%#)%#148*,&%-,%7#=."()#'(#%$+#"--,98#('.$#148*,&%-,%# %3,$+",+7# I"# "# 5",+# *"-+,%# )%# ('+-%# &A',3# )%# 1,%.# )%# 9,%# %+# *.,$# =."()# 1"# )"/%# %$+# *"-+,%# %(# -%+-",+%7#

148*,&%-,%#%11%#"#8+8#-%*-,$%#.(%#*-%/,2-%#5',$#*.,$#"$$%U#-"*,)%/%(+#%(#5",+#I"#"#5%-/8;#`(#&'((",$$",+#x;#%+#Y;7#

)'(&#Y;#&4%$+# 1"# 5%//%#)%#x;7#)'(&#'(# 1%$#&'((",$$",+7# ,1$# $%#$'(+#/'(+-8$# ,(+8-%$$8$#%+#).#&'.*#'(#8+",+# +-2$#

*"-+"(+#*'.-#=.4,1$#-%*-%((%(+#*"-&%#=.4'(#$%#),$",+#=.%#I"#"11",+#5",-%#9,9-%#1%#9,11"0%7#'(#"9",+#+-2$#%(9,%#=.%#I"#

$%#5"$$%#%+#)'(&#=."()#,1#"#),+#=.4,1#>#"9",+#&%++%#*'$$,6,1,+8#)%#1%$#",)%-#5,("(&,2-%/%(+#'(#"#),+#6'(#6%(#'(#9"#

"11%-#9',-7#)'(&#/',#B%#$.,$#"118#:#1"#-8.(,'(#)4,(5'-/"+,'(#8#I'LD#o#%-&)%&*%-#DKL#

$%# 0/-&# 5%0# ')*-=*'(5%0# 1/&*.(&*/-0# +,*# /-&# (1%-9# 5%0# =*:(5*%)0# T# 0>*-.%0&*)# 2(-0# ,-%# 0&),=&,)%#

2>9'():-%# 0/5*2(*)%<# %&# 5%0# 4)/-&*N)%0# %-&)%# =B(=,-%# 2>%55%0# 0/-&# '/)%,0%0<# '()4/*0# *-&%)6)%5*9%0# /,#

4(./)*09%0# '()# 2>(,&)%0# 4(=&%,)0<# =/11%# =%5,*# 2%# 5(# &%1'/)(5*&9# I(./*)# 2(.(-&(:%# 2%# &%1'0# '/,)#

0>*1'5*+,%)KL# ;*-0*<# 2*449)%-&%0# 1/&*.(&*/-0# '%,.%-&# ?&)%# ')90%-&%0# =B%_# ,-%# 1?1%# '%)0/--%# (,#

1/1%-&#2%#0/-#%-:(:%1%-&#%&#0%0#1/&*.(&*/-0#'%,.%-&#9./5,%)#(,#4*5#2,#&%1'0L##

#

#

#

#

#

#

#

! !DC#

"L#\7'/5/:*%#2%#')/4*5#

;')N0#(-(570%#2%0#2*449)%-&0#'()=/,)0#E*/:)('B*+,%0#%&#(00/=*(&*40<#-/,0#(./-0# )%'9)9# &)/*0#')/4*5#o#

&7'%# 2%# =*:(5*%)L# $%0# ')/4*506&7'%# ->/-&# '(0# 5(# ')9&%-&*/-# 2%# )%&)(2,*)%# 5(# =/1'5%V*&9# 2%# =B(+,%#

*-2*.*2,(5*&9<# *50# %V')*1%-&# 0%,5%1%-&# 2%0# &%-2(-=%0# 5/,)2%0L# [-# =*:(5*%)# '%,&# 0%# )%&)/,.%)# 2(-0#

'5,0*%,)0#')/4*50#T#5(#4/*0<#1(*0#,-#')92/1*-%)(#=%)&(*-%1%-&#0,)#5%0#(,&)%0L##

+7/001,#8()

A>('')%-&*# %0&# ,-# =*:(5*%)# +,*# -%# 0>9&(*&# '(0# /,# '%,# *1'5*+,9# (,'()(.(-&L# [-%# '%)0/--%# +,*# -%#

=/--(*00(*&# '(0# 5%# 1/-2%# 2%# 5>9=/-/1*%# 0/=*(5%# %&# 0/5*2(*)%<# %-=/)%# 1/*-0# =%5,*# 2%# 5(# 4*-(-=%#

0/5*2(*)%L#A>%-&)9%#2(-0#,-#=5,E#$UZ;AWQ#%0&#5(#29=/,.%)&%#2>,-#1/-2%#*-=/--,#X,0+,>(5/)0L#

+,)9:;,%"00,&1)8,11(8"1(/%)

A%#29.%5/''%,)#&%))*&/)*(5#0>*-&9)%00%#(.(-&#&/,&#T#0/-#&%))*&/*)%<#*5#(#&/,X/,)0#'()&*=*'9#T#5(#.*%#2%#0/-#

&%))*&/*)%<# 0/-# *1'5*=(&*/-# ->%0&# '(0# 5%# )90,5&(&# 2>,-# 1*5*&(-&*01%# (44*)19<# *5# '/)&%# 2%0# .(5%,)0<# -%#

=/--(M&#'(0#/,#'%,#5%#1/-2%#2%#5>9=/-/1*%#0/=*(5%#%&#0/5*2(*)%L#

+,)5(%(8/#8)/''"$(/8(2)

A%# 1*5*&(-&# (00/=*(&*4# %0&# +,%5+,>,-# +,*# &/,&# (,# 5/-:# 2%# 0/-# '()=/,)0# ->(# =%009# 2%# 0>*1'5*+,%)#

(00/=*(&*.%1%-&# /,# '/5*&*+,%1%-&L# Q/-# %-:(:%1%-&# )90,5&%# 2>,-%# .*0*/-# '/5*&*+,%# (44*)19%L# U5#

(''()&*%-&#T#2%#-/1E)%,V#)90%(,VL#

#

#

#

#

#

# #

! !DD#

$L#A%0#$UZ;AWQ<#,-#5%.*%)#2%#5>*1'5*=(&*/-#5/=(5%<#%-#4(.%,)#2>,-#29.%5/''%1%-&#&%))*&/)*(5#2,)(E5%#%-#;,.%):-%#b##

# Y/,0#-/,0#0/11%0#(&&(=B90#2(-0# 5%0#'()&*%0#')9=92%-&%0#T#1*%,V#=/1')%-2)%#+,*#0/-&# 5%0#

9'():-(-&0#0/5*2(*)%0#%-#;,.%):-%#T#'()&*)#2%#5%,)0#')/4*50#0/=*/69=/-/1*+,%0<#1(*0#(,00*#T#(-(570%)#

5%#=(2)%#')/=%00,%5#2%#5>*1'5*=(&*/-#2(-0#,-#=5,E#$UZ;AWQ#%-#)%.%-(-&#0,)#5%0#29&%)1*-(-&0#0/=*(,V<#

5>*2%-&*&9# &%))*&/)*(5%# %&# 5%0# 1/&*.(&*/-0# *-2*.*2,%55%0# 2%0# =*:(5*%)0# '/,)# 2%.%-*)# 2%0# 9'():-(-&0#

0/5*2(*)%0#%-#;,.%):-%L#$>%0&#')*-=*'(5%1%-&#T# 5(#2*0=*'5*-%# 0/=*/5/:*+,%#+,%#-/,0#(./-0# 4(*&# (''%5#

'/,)#&)(.(*55%)#=%0#&B91(&*+,%0L#`#')90%-&<#*5#%0&#-9=%00(*)%#2>*-&)/2,*)%#5(#2*1%-0*/-#:9/:)('B*+,%#T#

-/&)%# &)(.(*5#2>9&,2%L# A%# &%))*&/*)%#%0&#%-#%44%&# 5%# 0,''/)&#2%#=%&&%# *-*&*(&*.%#=/55%=&*.%<# 5(#')/V*1*&9#

:9/:)('B*+,%# %&# 5%# 0%-&*1%-&# 2>(''()&%-(-=%# T# ,-%# %-&*&9# &%))*&/)*(5%# =/11,-%<# 4(./)*0(-&#

5>91%):%-=%# 2>*-*&*(&*.%0# =/55%=&*.%0<# =%0# *-*&*(&*.%0# (7(-&# %55%061?1%0# 2%0# %44%&0# 0,)# 5%# &%))*&/*)%#

@#!S%$*"&%#*'-+%#1"#/"-=.%#)%$#-%1"+,'($#$'&,"1%$#=.,#$S>#)8*1',%(+;#D1# ,(+%-9,%(+#)"($#1"#$+-.&+.-"+,'(#

)%$# 1,%($#$'&,".3#%+#&%$#)%-(,%-$#%3*1,=.%(+#&%-+",(%$#),558-%(+,"+,'($#$*"+,"1%$;#CS%$+#.(%#),"1%&+,=.%#

).#$'&,"1#%+#).#$*"+,"1#8JeL##

G(-0#,-#')%1*%)# &%1'0<# *5# 0%1E5%#%00%-&*%5#2%#./*)#+,%50# 0/-&# 5%0#(''/)&0#'/,)# 5%0# *-2*.*2,0#2>,-%#

*1'5*=(&*/-#2(-0#,-#=5,E#$UZ;AWQ<#+,%50#0/-&#5%0#9591%-&0#+,*#'()&*=*'%-&#T#&)(-04/)1%)#5>*-2*.*2,#%&#T#

%-#4(*)%#2%0#(=&%,)0#2,#29.%5/''%1%-&#&%))*&/)*(5L#

Y/,0#9&,2*%)/-0#%-0,*&%<# 5%0# *1'(=&0# &%))*&/)*(,V#2%0#$UZ;AWQ<#+,*#'()&*=*'%-&#T#,-#29.%5/''%1%-&#

&%))*&/)*(5#2,)(E5%#@#3#,-#%-0%1E5%#2%#')/=%00,0#'()# 5%0+,%50# 5%#&%))*&/*)%#0%#&)(-04/)1%<#(,#0%-0#2%#

Z,1,=B*(-# IOPPPK<# =/11%# 29.%5/''%1%-&# 9=/-/1*+,%# E(09# -/&(11%-&# 0,)# 5(# .(5/)*0(&*/-# 2%0#

)%00/,)=%0# 5/=(5%0<# 1(*0# (,00*# =/11%# 29.%5/''%1%-&# 0/=*(5# %&# =,5&,)%5# IG*#h9/<# OPP!K#8# IA%-(*-<#

OP!!KL#

W-4*-<#-/,0#.%))/-0#+,%# 5%0#9'():-(-&0#0/5*2(*)%0#%-&)%&*%--%-&#,-# 5*%-#'()&*=,5*%)#(,#&%))*&/*)%<#'()#

5%,)0#')(&*+,%0#)%0'/-0(E5%0#%&#5%,)#=('(=*&9#T#.(5/)*0%)#5%0#)%00/,)=%0#&%))*&/)*(5%0<#T#=/1')%-2)%##5(#

0&),=&,)(&*/-#2%#5%,)#&%))*&/*)%#%&#T#*2%-&*4*%)#5%0#:)(-20#%-X%,VL#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

"D! Q(51(# A/,2*7*<# v(59)*%# ;-:%/-<# Q75.*%# A()2/-<# 3#C"*,+"1# $'&,"1# %+# )89%1'**%/%(+# +%--,+'-,"1;# b.%1# ,/*"&+#

$*"+,"1#)%$#-%1"+,'($#$'&,"1%$#[#8<#G$*"&%$#%+#H'&,8+8$#o#$jYQ<#OPPC<#'L!#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6O]K<#E,,1FAA+*2G<)0*G>0AHIJA1/>A52*G1/>###

! !DJ#

!L#G>*-2*.*2,#T#(=&%,)#&%))*&/)*(5#

@# _%-$'((%# (48).=.%# *%-$'((%7# *%-$'((%# (%# $48).=.%# $%.17# 1%$# A'//%$# $48).=.%(+# %($%/61%# *"-#

14,(+%-/8),",-%#).#/'()%#J;#F(,5/#z)%*)%#

# [-# 2%0# +,%0&*/--%1%-&0# ')*-=*'(,V# 2%# =%# &)(.(*5# 9&(*&# 2%# =/1')%-2)%# 5%0# %44%&0# %&# 5%0#

*1'(=&0#2%#5>%-&)9%#2>,-#*-2*.*2,#2(-0#,-%#0&),=&,)%#2>9'():-%#0/5*2(*)%L#A>B7'/&BN0%#9&(-&#+,%#5%0#

$UZ;AWQ#0/-&#2%0#(=&%,)0#2%#5>92,=(&*/-#'/',5(*)%<#0%-0*E*5*0(-&#%&#(''/)&(-&#2%0#=/--(*00(-=%0#(,V#

=*:(5*%)0# 0,)# 5(# 0'BN)%# 9=/-/1*+,%# %&# 4*-(-=*N)%# I070&N1%# E(-=(*)%<# 4*-(-=%# 0/5*2(*)%<# =)9(&*/-#

2>%-&)%')*0%# %&=LK<# %&# 4(*0(-&# 91%):%)# ,-%# =/-0=*%-=%# 3#&%))*&/)*(5%#8<# 5%# 4(*&# 2%# '/,./*)# (:*)<# 2%#

=/-&)*E,%)#T#0/-#9=B%55%#(,#29.%5/''%1%-&#2%#0/-#&%))*&/*)%L#Q%5/-#j9:*0#n(5)7<#')90*2%-&#2,#$/1*&9#

j9:*/-(5#2%0#;00/=*(&*/-0#2%#t%,-%00%#%&#2>W2,=(&*/-#F/',5(*)%#I$jWtWFK<#5>92,=(&*/-#=>%0&#T#5(#4/*0#@##

3#,-%#')(V*0<#=>%0&6T62*)%<#?&)%#2(-0# 5>(=&*/-<#1(*0#(,00*#(./*)# )945%V*/-#&B9/)*+,%#0,)#0%0#')(&*+,%0#�#

=>%0&#2%#5>92,=(&*/-<#=/-&)*E,(-&#T#5(#=/-0&),=&*/-#')/:)%00*.%#2>,-#*-2*.*2,#%&#T#5(#1*0%#%-#(.(-&#2%#

0%0# =('(=*&90#�# =>%0&#,-#('')%-&*00(:%#+,*#'(00%#'()# 5>(=&*/-#=/55%=&*.%<# 5>(=&*/-#=/55%=&*.%#(7(-&#,-%#

4/-=&*/-# 0/=*/6'/5*&*+,%<# %55%# 0>(2)%00%# T# &/,0#�# 5>92,=(&*/-# '/',5(*)%# (# ,-%# .*0*/-# 0/=*(5%# %&# ,-#

/EX%=&*4# 2%# &)(-04/)1(&*/-# 0/=*(5%<# %-# &)(-04/)1(-&# 5%0# )%5(&*/-0# (,V# 0(./*)0<# 5%0# )%5(&*/-0# T# 5>(,&)%#

2(-0#5>(=&*/-#=/55%=&*.%#(4*-#2%#4(*)%#9./5,%)#'5,0#:5/E(5%1%-&#5%0#)(''/)&0#0/=*(,V<#=>%0&#,-#/,&*5#2%#

291/=)(&*%#2*)%=&%L#

3#!48).&"+,'(# *'*.1",-%# *-'*'$%# ",($,# )%$# 1,%.3# )%# *-'/'+,'(# %+# )%# *"-+,&,*"+,'(# &,+'>%((%7# %11%$#

*'-+%(+#)%#98-,+"61%$#*-'B%+$#$'&,".37#8).&"+,5$#%+#&.1+.-%1$7#&'(+-,6."(+#",($,#".#)89%1'**%/%(+#1'&"1#

).-"61%;#F$$'&,"+,'($#)>("/,=.%$7#%11%$#*"-+,&,*%(+#:#1"#+-"($5'-/"+,'(#$'&,"1%#*"-#1"#/,$%#%(#Z.9-%#

)%#)8/"-&A%$#$*8&,5,=.%$#">"(+#*'.-#'6B%&+,5#)4"/81,'-%-#1"#=."1,+8#)%#9,%#)%$#*%-$'((%$#8KLL#

`# &)(.%)0# 5%0# !C# )9=*&0# E*/:)('B*+,%0<# -/,0# (./-0# (-(5709# 5%# '/&%-&*%5# 2>92,=(&*/-# '/',5(*)%# 2%0#

$UZ;AWQ<#%-#/E0%).(-&#+,%50#/-&#9&9#5%0#(''/)&0#2%#=%&&%#%V'9)*%-=%<#5%0#=%-&)%0#2>*-&9)?&0#-/,.%(,V#

+,*#0%#0/-&#1(-*4%0&90#%&#5%0#-/,.%55%0#*1'5*=(&*/-0#+,*#/-&#4(*&#0,*&%#T#,-%#%V'9)*%-=%#=*:(5*N)%L#

!L!L#A%0#$UZ;AWQ<#,-#%0'(=%#2>92,=(&*/-#T#5(#=//'9)(&*/-##

# A%0# $UZ;AWQ<# 4/-&# '()&*%# 2%# =%# +,*# %0&# =/11,-91%-&# (''%59%# 5>9=/-/1*%# 0/5*2(*)%<# ,-%#

9=/-/1*%# )%'/0(-&# ')*-=*'(5%1%-&# 0,)# 2%0# ')/X%&0# =/55%=&*40# =*&/7%-0<# ')*.*59:*(-&# 2%0#1/2N5%0# 2%#

')/2,=&*/-<#2>9=B(-:%#%&#2%#=/-0/11(&*/-#E(090#0,)#5(#=//'9)(&*/-#%&#5(#0/5*2()*&9L#;,X/,)2>B,*<#5%#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!]P# $Wh~;# F(70# 2%# 5(# A/*)%<# 3#a,>%0&6=%# +,%# 5>92,=(&*/-# '/',5(*)%#8<# ),E)*+,%#3# ;=&,(5*&9#8# I()&*=5%# %-# 5*:-%<#=/-0,5&9#5%#OP!C6Pe6O]K<#B&&'@ggwwwL=%1%(6'255L/):ga,6%0&6=%6+,%656%2,=(&*/-#

! !D]#

070&N1%#-9/65*E9)(5#')/1%,&#2(.(-&(:%#,-#070&N1%#=/-=,))%-&*%5#)%59:,9#'()#2*449)%-&%0# *-0&(-=%0#

I192*(0<# 9=/5%0# %&=LKL# G(-0# =%&&%# &)(2*&*/-# (00/=*(&*/--*0&%<# 5%0# $UZ;AWQ# 1%&&%-&# %-# r,.)%# ,-%#

/):(-*0(&*/-#)%'/0(-&#0,)#5%#')*-=*'%#2%#=//'9)(&*/-#@#=>%0&#5(#1,&,(5*0(&*/-#2%#5>9'():-%#'%)0/--%55%#

I2%#'%&*&%0#0/11%0K#%&#2,#)*0+,%<#+,*#'%)1%&#T#2%0#*-2*.*2,0#2%#'()&*=*'%)#T#5(#=)9(&*/-#2>%-&)%')*0%#

0,)#5%#&%))*&/*)%L#

@#Y',# B4",/%#6,%(# 14,)8%#%(#$',#)%#$%#),-%#=.4'(#$%#-8.(,+7#'(#/%+#)"($#.(#*'+#&'//.(#=.%1=.%#&A'$%#%+#*.,$#

14.(,'(#5",+#1"#5'-&%7#'(#&"*,+"1,$%#%($%/61%7#%+#$,#&%+#"-0%(+?1:#=.,#(%#/"(=.%#*"$#$%-+#:#=.%1=.4.(#%+#6,%(#&4%$+#

+-2$#6,%(#J#I'Le#o%-&)%&*%-#]K#

@#NOP#Y",$#&%#&W+8#%55%&+,9%/%(+#CDEF!GH#*'.-#1%#&'.*7#/4"#5",+#)8&'.9-,-#=.%#$%#-%0-'.*%-#%+#&A"&.(#)'((%#&%#

=.4,1#*%.+7#&4%$+#=."()#/M/%#,(+8-%$$"(+7#B4>#"9",$#B"/",$#-8518&A,%#/",$#B%#/4"*%-I',$#=.%#)%$#5',$#,1#5".+#*%.#)%#

&A'$%$7#/"1A%.-%.$%/%(+#,1#5".+#).#5,("(&,%-#)"($#1%#/'()%#)"($#1%=.%1#'(#%$+7#/",$#'(#*%.+#>#"--,9%-#%(#5,1"(+#

.(#*%.#)4"-0%(+#J#N*;m#K#%(+-%+,%(#mP#

!LOL#A%0#$UZ;AWQ<#,-#%0'(=%#2>92,=(&*/-#(,#4/-=&*/--%1%-&#(00/=*(&*4#

# A%0#$UZ;AWQ<#0,)&/,&#'/,)#2%0#:%-0#+,*#->(.(*%-&#X(1(*0#'()&*=*'9#T#2%0#(00/=*(&*/-0#'%,.%-&#

?&)%#2%0#5*%,V#2>('')%-&*00(:%#2,#=/55%=&*4<#,-#5*%,#2>9=B(-:%0#%&#2%#29E(&0#/l#5>/-#'%,&#(=+,9)*)#2%0#

0(./*)64(*)%#%&#0(./*)6?&)%#')/')%0#(,#:)/,'%#%&#(,#4/-=&*/--%1%-&#2%#5(#.*%#(00/=*(&*.%#I1?1%#0*#5%0#

=5,E0#2>*-.%0&*00%,)0#-%#0/-&#'(0#2%0#(00/=*(&*/-0#T#')/')%1%-&#'()59KL#A%0#=*:(5*%)0#./-&#(*-0*#2%./*)#

2*0=,&%)# 2%0# /EX%=&*40# 2%# 5%,)# $UZ;AWQ# I'9)*1N&)%# 2>(=&*/-<# &7'%g.(5%,)0# 2%0# ')/X%&0<# 1/2%0#

2>(==/1'(:-%1%-&K<# 2%# 5>/):(-*0(&*/-# *-&%)-%# %-# =/-0&*&,(-&# ,-# 3#E,)%(,#8# I&)90/)*%)<# :9)(-&<#

(-*1(&%,)#%&=LK#%&#2,#'5(-#2>(=&*/-#'/,)#4(*)%#=/--(M&)%#5%,)#$UZ;AWQ#I)%-=/-&)%#(.%=#2%0#=/55%=&*.*&90#

&%))*&/)*(5%0<# )9,-*/-0# 2>*-4/)1(&*/-0# %&=LKL# A%0# 29=*0*/-0# 0/-&# ')*0%0# 291/=)(&*+,%1%-&# I,-%#

'%)0/--%#|#,-%#./*VKL#!

I`#5(#+,%0&*/-<#+,%#./,0#(#(''/)&9#5(#'()&*=*'(&*/-#T#,-#=5,E#$UZ;AWQK#8*\%(#)8B:#14"$$'&,"+,57#1%#9'1%+#"$$'&,"+,57#5,(#1%#9'1%+#"1+%-("+,5#/M/%#B%#),-",#J#I'LS6#%-&)%&*%-#!OK#

3#F*-2$#I"#/%+#%(#&'(5,"(&%#)"($# 1%# $%($#'<# +.#9',$#&'//%(+#I"# 5'(&+,'((%7# +.#)89%1'**%$#)%$#&'/*8+%(&%$#

)"($#14,(+80-"+,'(#)"($#.(#0-'.*%7#148&A"(0%#%+&;#J#I'L!O#o#%-&)%&*%-#!CK#

!L"L#A%0#$UZ;AWQ<#,-#%0'(=%#2%#1*V*&9#0/=*/6=,5&,)%5#%&#*-&%):9-9)(&*/--%55%#

# A>/EX%&# 2%0# $UZ;AWQ# %0&# 5(# =)9(&*/-# 2>(=&*.*&9# 9=/-/1*+,%# 0,)# 5%# &%))*&/*)%# '()# 5%# E*(*0# 2%#

5>9'():-%L# Q*# 5%0# =*:(5*%)0# '()&(:%-&# 2%0# .(5%,)0# =/11,-%0<# *50# .*%--%-&# '/,)# =%)&(*-0# 2%# 1*5*%,V#

0/=*/6')/4%00*/--%50# 2*449)%-&0# %&# ->(''()&*%--%-&# '(0# &/,0# T# 5(# 1?1%# :9-9)(&*/-<# 1?1%# 0*# /-#

)%&)/,.%#2(.(-&(:%#2>*-2*.*2,0#(7(-&#'5,0#2%#CP#(-0L# z(*&# *-&9)%00(-&<# 5%0# =*:(5*%)0#->(''()&*%--%-&#

'(0# &/,0# (,# ')/4*5# 2,# 3#1*5*&(-&# (00/=*(&*4#8<# *5# 7# (,00*# 2%0# *-2*.*2,0# +,*# ->(.(*%-&# '(0# 2%# =,5&,)%#

(00/=*(&*.%#/,#2>%-:(:%1%-&L#A%0#$UZ;AWQ#=/-0&*&,%-&#,-#5*%,#2%#)%-=/-&)%#'/,)#2%0#'%)0/--%0#+,*#

! !DS#

.*%--%-&# 2>%-.*)/--%1%-&0# 2*449)%-&0<# =%5(# 4(./)*0%# (*-0*# 5(# 1*V*&9# 0/=*/6=,5&,)%55%# %&#

*-&%):9-9)(&*/--%55%L##

@#NOP#F1'-$# &%# =.,# %$+# ,(+8-%$$"(+# &4%$+# )8B:# ".# $%,(# )%# 1"# CDEF!GH# %11%?/M/%7# &4%$+# )8B:# 148&A"(0%#".#(,9%".#

A./",(7#&4%$+#)%$#0%($#=.,#9,%((%(+#9-",/%(+#)4A'-,U'($#+-2$#),558-%(+$7#"9%&#)%$#&'/*8+%(&%$#%+#.(%#&.1+.-%#.(#

*%.#),558-%(+%7#&4%$+#*"$#)%$#0%($#)%#/'(#/,1,%.#*-'5%$$,'((%17#%(&'-%#I"#".-",+#*.#*"-&%#=.4,1#>#"#)%$#0%($#)%#

Y,&A%1,(7#B4%(#&-',$",$#:#14FYF_#/",$#&4%$+#+'.+7#&4%$+#,(+8-%$$"(+#)%#9',-#1%$#-851%3,'($#=.%#&A"&.(#*%.+#"9',-7#).#

&'.*#I"#)%9,%(+#.(#-8$%".#".$$,7#&4%$+#1%#&W+8#A./",(#=.,#%$+#%(-,&A,$$"(+#J#N*;m#K#%(+-%+,%(#deP#

@#I"#/4"#"**'-+8#NOP#)%#5",-%#&'((",$$"(&%#"9%&#)%$#0%($#=.,#9,%((%(+#)%#/,1,%.3#),558-%(+$7#=.,#(%#9,%((%(+#*"$#

5'-&8/%(+#)%#Y,&A%1,(7#%+#*.,$#)%#08(8-"+,'($#),558-%(+%$7#%+#*.,$#)4M+-%# ,().10%(+%#"9%&# 1%$#*%-$'(("1,+8$7#)%#

/%# -%()-%#&'/*+%#=.%# B%#*-%()$#9"&A%/%(+#)%#*1",$,-#:#),$&.+%-#"9%&#&%-+",($#"1'-$#=.%#$,# B%# 1%$#"9",$# &-',$8#

)"($#1"#-.%7#'.",$#)%#$4'.9-,-#:#".+-%#&A'$%7#:#)4".+-%$#*-'5,1$#)%#*%-$'((%$#J#I'LS#o#%-&)%&*%-#!OK#

!LCL#A%0#$UZ;AWQ<#,-#%0'(=%#2%#=)9(&*/-#2%#5*%-0#0/=*(,V#%&#2%#)90%(,V#

# $B(+,%#$UZ;AWQ#(#,-%#B*0&/*)%#'()&*=,5*N)%<#'()4/*0#5%#=5,E#0>%0&#=/-0&*&,9#T#'()&*)#2>,-#-/7(,#

2>*-2*.*2,0# %-&)%&%-(-&# 2%0# 5*%-0# 4/)&0# I(1*0<# 4(1*55%0K<# '()4/*0# T# '()&*)# 2>,-# ')/X%&<# &%5# +,%# 5%# =5,E#

$UZ;AWQ#2%0#h*5(-0#+,*#0>%0&#=)99#(,&/,)#2,#')/X%&#2%#=/-0%).(&*/-#2%#5>9'*=%)*%#2,#.*55(:%<#/,#%-=/)%#

T#'()&*)#2>*-2*.*2,0#(''()&%-(-&#(,V#1?1%0#)90%(,V<#'()#%V%1'5%#5%#=5,E#$UZ;AWQ#2%#5(#Q%))%<#1*0#%-#

'5(=%# '()# 2%0# :%-0# 2%# 5>;h;F# 2%0# $B%*)%0# %-&)%&%-(-&# 2%0# 5*%-0# 4(*E5%0# 0%5/-# 5(# 294*-*&*/-# 2%#

Z)(-/.%&&%)K&L# A%# 29-/1*-(&%,)# =/11,-# %0&# +,%# =%# 0/-&# &/,X/,)0# 2%0# *-2*.*2,0# (''()&%-(-&# (,#

1?1%# &%))*&/*)%# I=/11,-%<# =/11,-(,&9#2%#=/11,-%0#%&=LKL# A%0# =*:(5*%)0# 0/-&# 0,0=%'&*E5%0#2%# 0%#

=/--(M&)%# 2%# .,%<# -/&(11%-&# 2(-0# 5%0# '%&*&%0# =/11,-%0<# 1(*0# =%# ->%0&# '(0# &/,X/,)0# 5%# =(0L# A%0#

$UZ;AWQ# '%)1%&&%-&# 2%# =)9%)# 2%0# 5*%-0<# 4/)&0# /,# 4(*E5%0<# 5%0# 0%=/-20# '%)1%&&(-&# (,V# =*:(5*%)0# 2%#

'9-9&)%)# 2m(,&)%0# )90%(,V# 0/=*(,V# +,%# =%,V# =/-0&*&,90# '()# 5%0# 5*%-0# 4/)&0L# F5,0*%,)0# =*:(5*%)0<# /-&#

=/--,#2%#-/,.%55%0#*-*&*(&*.%0#=*&/7%--%0#/,#0/-&#%-&)90#2(-0#2%#-/,.%(,V#)90%(,V#(00/=*(&*40#'()#5%#

E*(*0#2%0#$UZ;AWQL#

3#s"#/4"# *%-/,$# )%# -%(&'(+-%-# *"$#/"1# )%# 0%($# =.%# B%# (4".-",$# *"$# -%(&'(+-8# ".+-%/%(+7# )%$# 0%($# =.,# *"-#

",11%.-$#'(+#)4".+-%$#"&+,9,+8$#%+#)4".+-%$# ,(,+,"+,9%$7#*"-#%3%/*1%#&4%$+#:#+-"9%-$# 1%$#CDEF!GH#=.%#B4",#-%(&'(+-8#

)%$#0%($#=.,#/4'(+#*"-18#)%$#FYF_7#=.,#/4'(+##*"-18#)%#1"#cGn7#),$'($#=.%#1:#I"#*%-/%++",+#)%#-%(&'(+-%-#)%$#

0%($#=.,#8+",%(+#)%)"($7#=.,#*'.9",%(+#%(#*"-1%-#)%#14,(+8-,%.-#8#I'L!!#o#%-&)%&*%-#!CK#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

K&!F/,)#Z)(-/.%&&%)<#,-#)90%(,#0%#=/1'/0%#2%#5*%-0#4/)&0#%&#2%#5*%-0#4(*E5%0L#A(#4/)=%#2%0#5*%-0#%0&#=()(=&9)*09%#'()#5(#=/1E*-(*0/-#2,#&%1'0#'(009#%-0%1E5%<#2%#5m*-&%-0*&9#91/&*/--%55%<#2%#5m*-&*1*&9#%&#2%#5(#)9=*')/=*&9#2,#5*%-#%-&)%#5m(:%-&#;#%&#5m(:%-&#nL#A%0#5*%-0#4/)&0#0/-&#=%,V#+,%#5m/-#(#(.%=#2%0#(1*0#')/=B%0#I*5#0m(:*&#2%#)%5(&*/-0#0/,&%-,%0#%&#4)9+,%-&%0KL#A%0#5*%-0#4(*E5%0#0/-&#4(*&0#2%#0*1'5%0#=/--(*00(-=%0L#A%0#5*%-0#4(*E5%0#0/-&#2*&0#34/)&08#2(-0# 5(# 1%0,)%# /l<# 0m*50# 0/-&# 2*.%)0*4*90<# *50# '%)1%&&%-&# 2%# '9-9&)%)# 2m(,&)%0# )90%(,V# 0/=*(,V# +,%# =%,V#=/-0&*&,90# '()# 5%0# 5*%-0# 4/)&0L# A%0# 5*%-0# (E0%-&0# 0/-&# %,V# =()(=&9)*090# '()# ,-%# (E0%-=%# 2m*-&%)(=&*/-L# Gm(')N0#Z)(-/.%&&%)<# =%5(# '%,&# ?&)%# 5%#1()=B(-2# 2%# X/,)-(,V# +,%# 5m/-# =)/*0%# &/,0# 5%0#1(&*-0# /,# ,-# ./*0*-# 2/-&# /-#=/--(*&#0%,5%1%-&#5%#-/1L#

#

! !De#

@##NOP#_.,$#)%#5",-%#)%$#&'((%&+,'($#"9%&#)4".+-%$#-8$%".3#"$$'&,"+,5$#&'//%#@#u"6,+%-#F.+-%/%(+#J#8#I'LS#o#%-&)%&*%-#!OK#

!LDL#A%0#$UZ;AWQ<#,-#%0'(=%#2%#=/55%=&%#%&#2%#=*)=,5(&*/-#2%#5>*-4/)1(&*/-#

# A%0#$UZ;AWQ<#%-#9&(-&#,-%#*-*&*(&*.%#=/55%=&*.%<#0/-&#2%0#5*%,V#/l#5%0#*-2*.*2,0#0/-&#(1%-90#T#

'()&(:%)#2%0# *-4/)1(&*/-0#2%#2*.%)0%0#-(&,)%0#%&#T#(,:1%-&%)# 5%,)#2%:)9#2%#1(M&)*0%#2,# &%))*&/*)%L#

A%0#=*:(5*%)0#3#$4,($&-,9%(+#)"($#.(%#)>("/,=.%#&'11%&+,9%#)4"**-%(+,$$"0%#9,$"(+#:#1481"6'-"+,'(#)4.(#

$'&1%# &'//.(# )%# &'((",$$"(&%$7# )4.(%# &.1+.-%# &'//.(%;# C%++%# "&&./.1"+,'(# )%# &'((",$$"(&%$7#

-8$.1+"+# )4.(# &'($+-.,+# $'&,"17# 5"&,1,+%# %+# -%(5'-&%# 1%$# $+-"+80,%$# )S"&+,'(# &'11%&+,9%#8]OL# A%0# $UZ;AWQ#

'%)1%&&%-&#,-#%0'(=%#2%#=/55%=&%#%&#2%#=*)=,5(&*/-#2%#5>*-4/)1(&*/-<#)%-4/)^(-&#5%0#=/--(*00(-=%0#2%0#

=*:(5*%)0#0,)#5(#.*%#2,#&%))*&/*)%L#

#@#\%(#&4%$+#=.%#).#&'.*7#*"-#&%#6,",$?1:7#*"-#&%++%#),$&.$$,'(#*-'+'&'1",-%#%(+-%#0.,11%/%+$#*.,$=.4'(#$%#-%+-'.9%#

.(#&%-+",(#('/6-%#)%#5',$#)"($#14"((8%7#6%(#B4",#*1.$#"&&2$#:#&%#=.,#$%#5",+#$.-#1%#+%--,+',-%7#*"-&%#=.%#+.#%(+%()$#

*"-1%-#)%#&A'$%$#%+#)4".+-%$7#9',1:#+.#$",$#=.4,1#>#"#*1%,(#)%#0%($#=.,#5'(+#)%$#&A'$%$7#%+#)'(&#M+-%#.(#*%.#*1.$#".#

&'.-"(+#)%#&%#=.,#$%#*"$$%#*"-#&%$#),$&.$$,'($#=.4'(#"#%(+-%#('.$#J#I'L]#o#%-&)%&*%-#SK#

@#`.,# 1:# B%#/%# +,%($#*1.$# ,(5'-/87# $"9',-# &%#=.4,1# $%#*"$$%7# &%#=.,#6'.0%7#*"-#%3%/*1%# 1"# 1,6-",-,%#)%$#x'1&"($7#

/",(+%("(+#B%#$.,$#A%.-%.3#)%#$"9',-#=.4,1$#9'(+#-%1"(&%-#1%#+-.&7#*.,$#%(#*1.$#&4%$+#.(%#HC`_7#B%#(%#&'((",$$",$#

=."$,/%(+#*"$#1%$#HC`_#"9"(+7#I"#B%#+-'.9%#I"#08(,"17#/M/%#$,#,1#>#"#)%$#1,/,+%$7#=.%#1%$#0%($#",%(+#1"#&"*"&,+8#)%#

-8&.*8-%-#1%.-#6'g+%#%+#)4%(#5",-%#&%#=.4,1$#,/"0,(%(+#J#I'L!!#o#%-&)%&*%-#CK#

!LJL#A%0#$UZ;AWQ<#,-#%0'(=%#2%#'()&(:%#2%#=/--(*00(-=%#

# G(-0#2%#-/1E)%,V#%-&)%&*%-0<#5/)0+,%#5%0#=*:(5*%)0#'()5%-&#2%#=%#+,%#5%,)#*1'5*=(&*/-#2(-0#,-#

=5,E# $UZ;AWQ# 5%,)# (# (''/)&9<# *50# 9./+,%-&# 5%# 4(*&# 2>(./*)# (=+,*0# /,# )%-4/)=9# 2%0# =/--(*00(-=%0<#

-/&(11%-&#0,)#5%0#:)(-20#=B(1'0#&B91(&*+,%0#2%0#$UZ;AWQ@#

6 5>9=/-/1*%#0/=*(5%#%&#0/5*2(*)%#

6 5%#070&N1%#9=/-/1*+,%#

6 5%#070&N1%#E(-=(*)%#

6 5(#4*-(-=%#0/5*2(*)%#

6 5%#1/-2%#2%#5(#=)9(&*/-#2>%-&)%')*0%#

$%)&(*-0# =*:(5*%)0# -%# =/--(*00(*%-&# '(0# =%# +,>%0&# 5>9=/-/1*%# 0/=*(5%# %&# 0/5*2(*)%<# -*# 5%0# 2*449)%-&%0#

*-*&*(&*.%0#+,*#5(#=/1'/0%<#1(*0#0,)&/,&#&/,0#->9&(*%-&#'(0#4/)190#T#5>(==/1'(:-%1%-&#T#5(#=)9(&*/-#!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

K#! ;YZWkY# v(59)*%<# $;jkY# F(&)*=d# %&# A;jGkY# Q75.*%<# 3# G%0# 5*%-0# 0/=*(,V# T# 5(# =/-0&),=&*/-# 2m,-#29.%5/''%1%-&#&%))*&/)*(5#2,)(E5%#@#+,%5#)H5%#2%#5(#')/V*1*&9#2(-0#=%#')/=%00,0#b#8<#G9.%5/''%1%-&#2,)(E5%#%&#&%))*&/*)%0<# G/00*%)# ]<# I2/=,1%-&# %-# 5*:-%<# =/-0,5&9# 5%# OP!C6Pe6OSK<#B&&'@gg2%.%5/''%1%-&2,)(E5%L)%.,%0L/):gOSD!#

#

! !JP#

2>%-&)%')*0%L#A%0# $UZ;AWQ# '%)1%&&%-&# (*-0*# 2%# 4/)1%)# 5%0# *-2*.*2,0# T#)9'/-2)%# (,V# +,%0&*/-0#

0,*.(-&%0#@# a,%50# 9591%-&0# 4(,&6*5# )%:()2%)# 5/)0+,%# 5>/-# 9&,2*%# ,-# 2/00*%)# ')/X%&#b# $/11%-&#

(==/1'(:-%)#,-#'/)&%,)#2%#')/X%&#b#$/11%-&# 5*)%#,-#E,2:%&#')9.*0*/--%5#b# U50#2%.*%--%-&#(*-0*#2%#

)9%50#*-.%0&*00%,)0#=()<#0*#5%#:(*-#4*-(-=*%)#-%#4(*&#'(0#'()&*%#2%0#1/&*.(&*/-0<#5>/EX%&#2%0#$UZ;AWQ#)%0&%#

2%#'/,./*)#)9=,'9)%)#0/-#*-.%0&*00%1%-&#%-#=('*&(5#(4*-#2%#'/,./*)#5>*-.%0&*)#T#-/,.%(,L#A%0#$UZ;AWQ#

'%)1%&&%-&# (,V# *-2*.*2,0# 2%# '()&*=*'%)# T# 5(# .*%# 9=/-/1*+,%# %-# (=+,9)(-&# ,-# -*.%(,# 2%#

=/1')9B%-0*/-#/,#2%#&%=B-*=*&9#2%0#19=(-*01%0#2%#5>%-&)%')*0%#%&#2%#5>(-(570%#2%#0%0#=/1'&%0L#$%0#

-/,.%55%0#=/--(*00(-=%0#0,)#5%#1/-2%#9=/-/1*+,%#%&#4*-(-=*%)#4(./)*0%-&#5%#29.%5/''%1%-&#2,#0%-0#

=)*&*+,%#2%0#*-2*.*2,0L#

@#C%#=.%#B4",#+-'.98#+-2$#-,0'1'#/',#&4%$+#)4"9',-#&'((",$$"(&%#B.$+%/%(+#)%#148&'('/,%#$'&,"1%#%+#$'1,)",-%7#&4%$+#

.(#)'/",(%#=.%# B%#(%#&'((",$$",$#*"$7# B%#*%($%#=.%#&4%$+#=.%1=.%#&A'$%#=.,#%$+#0-"(),$$"(+#%(#*1.$7# 5,(#&4%$+#

)"($# 14",-# ).# +%/*$;# !:#u'11"()%#"# -%(&'(+-8# B.$+%/%(+#)%$# ,(+%-9%("(+$#)"($# &%#)'/",(%?1:# %+#'(# $%(+#=.4,1#

9%.+# 5"9'-,$%-# I"# )'(&# &4%$+# =.%1=.%# &A'$%# =.,# %$+# .(# *%.# )"($# 14",-# ).# +%/*$#J# N*;mP# 9*@#!4,)8%# =.4'(# *.,$$%#5,("(&%-#)%$#*-'B%+$#$"($#"9',-#-%&'.-$#:#)%$#6"(=.%$#&1"$$,=.%$#I"7#I"#/4"#*"-.#6,%(7# B4",#"**-,$#*"-#%3%/*1%#

=.%#1"#cGn#%3,$+",+7#=.%#1%#C-8),+#C''*8-"+,5#%3,$+",+7#&48+",+#)%$#&A'$%$#=.%7#B4%(#"9",$#".&.(%#,)8%7#148+A,=.%#)%#

1"#cGn7#B%#-%I',$#*1%,(#)%#+-.&$#)%#1"#cGn#*"-&%#=.%#B%#$.,$#08-"(+7#B%#&'((",$#=.%#*%.#)%#&A'$%$#/",$#)%#&%#=.%#B%#

-%+,%($#=."()#/M/%#.(#*%.#&'//%# ,(5'-/"+,'(#)%# +'.+#&%#=.%# B%# -%I',$7# &4%$+#=.%1=.%#&A'$%#=.,#/%#$%/61%#

9-",/%(+# $>/*"7# +%11%/%(+# $>/*"# =.%# )%$# 6"(=.%$# *1.$# 0-'$$%$# $4%(# ,($*,-%(+# *"-&%# =.4,1$# '(+# &'/*-,$# =.%#

B.$+%/%(+#9,"#14GHH#,1#>#"9",+#)%$#&A'$%$#:#5",-%7#C-8),+#F0-,&'1%#*"-#%3%/*1%#,1$#$'(+#%(#+-",(#)%#&'//.(,=.%-#.(#

*%.# 1:?)%$$.$7# %(# ),$"(+# =.4'(# 9"# .+,1,$%-# 14"-0%(+# =.,# %$+# 8*"-0(8# &A%U# %.3# *'.-# 5"9'-,$%-# 1%# )89%1'**%/%(+#

5/=(5#8#I'LS#%&#e#o#%-&)%&*%-#DK#

3#NOP# s"# "**'-+%# *1.$# )4%3*8-,%(&%# $.-# 1"# 5,("(&%# *"-&%# =.%#/',# B%# (%# &'((",$# *"$# 0-"()?&A'$%7# 1:# B4%(# $.,$#

%(&'-%#)"($#14"**-%(+,$$"0%#N-,-%P7#&'/*-%()-%#".$$,#&%#=.4%$+#.(#*-'B%+7# 14%(+-%*-,$%7#.(#&W+8#=.4'(#(%#+'.&A%#

*"$#A"6,+.%11%/%(+;#Q'(&#'61,0"+',-%/%(+#I"#/%+#1"#*.&%#:#14'-%,11%#=."()#'(#%(+%()#*"-1%-#)%#&%-+",(%$#&A'$%$7#

$.-+'.+# )%# 1"# 5,("(&%# $'1,)",-%7# *"-&%# =.4:# *"-+,-# ).#/'/%(+# '<# >4"# =.%1=.%# &A'$%# =.,#/"-&A%# 6,%(7# I"# &4%$+#

&'//%#1%#6,'47#:#*"-+,-#).#/'/%(+#'<#I"#&'//%(I",+#:#6,%(#5'(&+,'((%-7#+'.+#1%#/'()%#-%(+-%#)"($#1%#&-8(%".7#

/M/%#1%$#6"(=.%$#5'(+#)%#1"#5,("(&%#$'1,)",-%7#"1'-$#=.%#&4%$+#)%$#0%($#=.,#$'(+#&%($8$#0"0(%-#)%#14"-0%(+7#/",$#

,1$#5'(+#=."()#/M/%#)%#1"#5,("(&%#$'1,)",-%7#"1'-$#I"#*%-/%+#)4"9',-#.(%#/%,11%.-%#&-,+,=.%#*"-#-"**'-+#:#&%#=.,#

*%.+#$%#*"$$%-7#I"#)'((%#.(%#/%,11%.-%#9,$,'(#%(#5",+#*'.-#"**-8A%()%-#+'.+%$#1%$#,(5'-/"+,'($#=.4'(#*%.+#"9',-7#

%+#*.,$# B%# -%*-%()$#%(&'-%# 14%3%/*1%#).#6,'7#=."()#9'.$#*"-1%U#).#6,'4#:#=.%1=.4.(7#%$+?&%#=.4,1# $".-"# 5",-%# 1"#

),558-%(&%#%(+-%#6,'47#&'(9%(+,'((%17#8=.,+"61%7#>4"#6%".&'.*#)%#0%($#=.,#(%#5'(+#*"$#+'.+#:#5",+#1"#),558-%(&%7#%+#

&4%$+#*"-%,1#%(# 5,("(&%7# I"#/4"**'-+%#&%#0%(-%#)%#&A'$%$# B%#*%($%;#C4%$+#.(%#*-,$%#)%#&'($&,%(&%7#*"-&%#=.4'(#

)8&'.9-%#)%#('.9%".3#)'/",(%$7# )%$# &A'$%$#".3=.%11%$# B%# (4"9",$# B"/",$# *%($87# *"-&%#=.%# B%# (%# &'((",$$",$#

*"$7#*"-#%3%/*1%#$.-#1%#*-,(&,*%#)%$#6"(=.%$#8#I'LJ#o#%-&)%&*%-#eK#

@#NOP#Y",$# I"#*'.9",+# M+-%# ".$$,# )"($# 1%# &A"/*#)%# 1"# &.1+.-%7# ).#)'/",(%#)%$# 8(%-0,%$7# *"-# %3%/*1%#)4"9',-#

5,("(&8#1%#*-'B%+#)4".+'?*"-+"0%#:#E-%('61%#'(#"#%.#"&&2$#:#+'.+%#1"#/8&"(,=.%#)4'-0"(,$"+,'(#=.%#&48+",+7#:#1"#

5',$# '-0"(,$"+,'(# B.-,),=.%7# 1"# 1'&"+,'(# )%$# 9',+.-%$# %+&;# Y",$# ".$$,# +%&A(,=.%# *"-&%# =.4,1$# "9",%(+# +'.+# .(#

$>$+2/%7#)'(&#I"#&4%$+#A>*%-#,(+8-%$$"(+#)%#)8&'.9-,-#I"7#)%#9',-#&'//%(+#I"#5'(&+,'((%#%+#+'.+7#)'(&#9',1:#%+#

*.,$#-%(&'(+-%-#".$$,#)%$#0%($#=.,#'(+#.(%#"&+,9,+8#*'1,+,=.%#*'.-#1%#&'.*7#NOP#_'.-#/',7#1"#)%-(,2-%#-8.(,'(#)%#

-%(&'(+-%#)4"*8-'?*-'B%+7#*"-#%3%/*1%#C'/6-",11%$#Q.-"61%$#"#*-8$%(+8#$'(#/')21%#8&'('/,=.%7#&4%$+#08(,"1#)%#

)8&'.9-,-# I"#%+#)%# 1%# 5",-%#)"($#.(%#*%+,+%# -8.(,'(#%+#)%# 1%# 5",-%# &'//%# ,(9%$+,$$%.-7# B%# +-'.9%#=.%# &4%$+#.(%#

*-8$%(+"+,'(#A'((M+%7#&4%$+#*"$#)%#1"#&'//.(,&"+,'(7#&4%$+#*"$#)%#1"#*.61,&,+87#%11%#('.$#1%#*-8$%(+%#:#('.$#%+#

! !J!#

%11%#('.$#)'((%#+'.+7#%11%#('.$#)'((%#$'(#6,1"(#)4"&+,9,+87#$'(#-"**'-+#8&'('/,=.%7#1%$#1,/,+%$#%+#1%$#"9"(+"0%$#

)%#$'(#$>$+2/%7#/',#B%#+-'.9%#I"#$.*%-#,(+8-%$$"(+#J#I'L!!#o#%-&)%&*%-#!CK#

!L]L#W&#/l#/-#'()5%#2>():%-&#É#

$%# +,*# 2*449)%-=*%# 5%0# $UZ;AWQ# 2%# 2>(,&)%0# 0&),=&,)%0# 91(-(-&# 2%# 5(# 0/=*9&9# =*.*5%# %&# 2%# 2>(,&)%0#

%V'9)*%-=%0# (00/=*(&*.%0<# =>%0&# 5%# 4(*&# 2%# 3#'()5%)# 2>():%-&#8L# $B(=,-# 0(*&# =/1E*%-# 5>(,&)%# *-.%0&*&<#

1(*0# 0,)&/,&# 5%0# =*:(5*%)0# 0/-&# (1%-90# T# 2*0=,&%)# 2%# 5>,&*5*0(&*/-# 2%# 5%,)# 9'():-%<# 2,# 0%-0# +,>*50#

0/,B(*&%-&#2/--%)#T#5%,)#():%-&L#

3#C4%$+#),558-%(+#*"-&%#=.%#/,(%#)%#-,%(#&4%$+#.(%#$'-+%#)%# B%.#)4"-0%(+7#9',1:#*"-&%#=.%#=."()#'(#%$+#".#$%,(#

)4.(%# "$$'&,"+,'(7# %(# 5",+# 14"-0%(+# &4%$+# B"/",$# ".# &%(+-%# )%# 14"&+,9,+87# "1'-$# =.%# 1:# =."()# '(# %$+# )"($# 1%$#

CDEF!GH7#6%(#'(#*"-1%#)4"-0%(+7#&%#=.,#%$+#-,0'1'#)4",11%.-$#&4%$+#=.4'(#*"-1%#)4"-0%(+#$"($#9-",/%(+#)%#+"6'.$7#

'(#$",+#+'.$#=.,#8*"-0(%#=.',7#)'(&#I"#&4%$+#-,0'1'#=.',#=.%#)"($#.(#&1.6#&'//%#I"#"9%&#)%$#0%($7#&'//%#B%#

),$",$#+'.+#:#14A%.-%#'(#$%#&'(("g+#+'.$#/",$#'(#$%#&'(("g+#.(#*%.#=.',#*"$#5'-&8/%(+#)%#5"I'(#,(+,/%7#/",$#'(#

*"-1%# )4"-0%(+# )%# 5"I'(# '.9%-+%7# I"# &4%$+# -,0'1'7# I"7# I"# &A"(0%# *"-&%# =.%# )"($# 1%$# "$$'&,"+,'($# '(# *"-1%# *"$#

)4"-0%(+7# L5,(# 14"-0%(+#&4%$+#@#&'/6,%(#'(#"#0"0(8#*'.-#*'.9',-#-%)'((%-#".3#8&'1%$#[#G$+?&%#=.4'(#9"#*'.9',-#

5",-%#1%$#"&+,9,+8$#$*'-+,9%$#=.4'(#"#*-89.#[#J#/",$#'(#*"-1%#*"$#)4"-0%(+#%(#+"(+#=.%#+%17#)'(&#1:#&4%$+#9-",/%(+#

*"-1%-#)4"-0%(+7#@#&'//%(+#'(#14.+,1,$%7#:#=.',#I"#$%-+#J7#I"#&4%$+#9-",/%(+#+-2$#),558-%(+#)%#&%#=.%#B%#*%.3#5",-%#

",11%.-$#8#I'L!P#o#%-&)%&*%-#DK#

!LSL#A%0#$UZ;AWQ<#,-#%0'(=%#'/,)#4(*)%#91%):%)#,-%#3#=/-0=*%-=%#&%))*&/)*(5%#8#

# Y/,0# '/,./-0# &)/,.%)# 2(-0# 5%0# 2*0=/,)0# 2%0# =*:(5*%)0<# ,-%# 3#=/-0=*%-=%#8<# '5,0# /,# 1/*-0#

4/)1,59%<#(,#4(*&#2%#'()&*=*'%)#(,#29.%5/''%1%-&#2,#&%))*&/*)%<#'()#5%#0/,&*%-#T#5(#=)9(&*/-#2>(=&*.*&90L#

Q*# =%)&(*-0# (.(*%-&# 29XT# ,-%# 0%-0*E*5*&9# 2(-0# =%# 0%-0<# 5%# =5,E# $UZ;AWQ# 5>(# )%-4/)=9<# ./*)%# 5>(# 4(*&#

91%):%)#=B%_#2>(,&)%0L#$%#0%-&*1%-&#2>(''()&%-(-=%#%&#2>(=&*/-#0,)#5%#&%))*&/*)%#&)(-0'()(M&#2(-0#5%0#

=)*&N)%0#2,#=B/*V#2>,-#')/X%&#@#5(#')/V*1*&9#&%))*&/)*(5%#2%#=%#2%)-*%)#9&(-&#')*1/)2*(5%<#5%0#&%))*&/*)%0#

=B/*0*0# =/))%0'/-2%-&# :9-9)(5%1%-&# T# 2%0# &%))*&/*)%0# *-0&*&,&*/--%50<# =/11%# 5(# =/11,-(,&9# 2%#

=/11,-%0L##

A(#=/-0=*%-=%#2>(''()&%-*)#T#,-#&%))*&/*)%#%&#2>(./*)#,-#*1'(=&#0,)#0/-#29.%5/''%1%-&#%0&#)%-4/)=9%#

'()#5(#)945%V*/-#0,)#5%#=B/*V#2,#&7'%#2%#')/X%&#+,%#5%0#=*:(5*%)0#0/,B(*&%-&#0/,&%-*)L#Y/,0#)%&)/,./-0#

&/,X/,)0# 5(# 2*1%-0*/-# 3#'5,06.(5,%#8<# 3#)%&/1E9%0# 0/=*(5%0<# %-.*)/--%1%-&(5%0<# 9=/-/1*+,%0# /,#

=,5&,)%55%0#8#2,#')/X%&#0,)# 5%#&%))*&/*)%L#A%0#=*:(5*%)0#0/,B(*&%-&#:9-9)(5%1%-&#0/,&%-*)#2%0#')/X%&0#T#

4/)&%#.(5%,)#(X/,&9%#'/,)#5%#&%))*&/*)%<#(-=)90#&%))*&/)*(5%1%-&L#F()#%V%1'5%<#'5,0*%,)0#%-&)%&*%-0#4/-&#

)949)%-=%#T#2%0#')/X%&0#+,*#.(5/)*0%-&#/,#0>('',*%-&#0,)#2%0#)%00/,)=%0#&%))*&/)*(5%0L#Y/,0#)%&)/,./-0#

=B%_# 2>(,&)%0# ,-# ./=(E,5(*)%# 4(*0(-&# )949)%-=%# (,# 29.%5/''%1%-&# &%))*&/)*(5<# 5%# &%)1%#

3#29.%5/''%1%-&#5/=(5#8#%0&#)9:,5*N)%1%-&#%1'5/79L##

! !JO#

Q*# 5%0#$UZ;AWQ#'%)1%&&%-&#2%#)%-4/)=%)# 5(#-/&*/-#2%#3#&%))*&/*)%#8#=B%_# 5%0# *-2*.*2,0<#,-#2%0#(0'%=&0#

092,*0(-&#2%#=%&&%#*-*&*(&*.%<#%0&#5%#4(*&#+,%#=%#0/*&#&)N0#=/-=)%&<#=>%0&#,-#1/7%-#2>(=&*/-<#2/-&#/-#'%,&#

./*)#5%0#%44%&0#0,)#0/-#&%))*&/*)%#2%#.*%L#

@#`(# 14"# )85,(,# %($%/61%# I"7# )'(&# )8B:# '(# %$+# $.-# .(# *-'B%+# )%# +%--,+',-%7# =.,# %(# 0-'$# %$+# 1"# &'//.(".+8# )%#

&'//.(%$#)%#q'&A%5'-+?Y'(+"0(%#8#I'L]#o#%-&)%&*%-#SK#

3#!%$#".+-%$#"&+,9,+8$#68(89'1%$# &48+",+#"38# $.-# 1"#*%-$'((%#%(# 5",+7# '.# $.-#)%$#"&+,9,+8$#:# 14%3+8-,%.-7#/",$# 1%$#

CDEF!GH#I"#/4"#)'((8#1"#('+,'(#)%#+%--,+',-%#%(#5",+7#I"#/4"#)'((8#1"#('+,'(#)4M+-%#"&+%.-#$.-#.(#+%--,+',-%7#=.4%(#

5",+#/M/%#$,#+4%$#.(%#*%-$'((%#*"-/,#+"(+#)4".+-%$7#+4"$#=."()#/M/%#1%$#&"*"&,+8$#)%#5",-%#&A"(0%-#1%$#&A'$%$#

%+#=.%#+'(#"-0%(+#*"-#%3%/*1%#-%*-8$%(+%#.(#*',)$#=.,#(4%$+#*"$#(801,0%"61%7#&4%$+#.(#1%9,%-#=.%#$,#+'.+#1%#/'()%#

14.+,1,$",+7#5,(#/M/%#(%#$%-",+?&%#=.%#$.-#1"#/"(,2-%#)'(+#+.#&'($'//%$7#I"#*%-/%+#)%#5",-%#6'.0%-#1%$#&A'$%$#%+#

=.%# 1%# +%--,+',-%# &4%$+# =.%1=.%# &A'$%# =.,# *%.+# M+-%# )89%1'**8# 9,"# &%-+",($# /'>%($# %(# 5",+7# /M/%# $"($# M+-%#

5'-&8/%(+#,/*1,=.8#8#I'L!!#o#%-&)%&*%-#CK#

@#NOP# %+#*.,$# B4",# 14,/*-%$$,'(#=.4:# +-"9%-$# 1%$#CDEF!GH#'(#"0,+# 9-",/%(+# $.-# 14%(9,-'((%/%(+#*-'&A%7#"1'-$#'(#

5,("(&%#*%.#)%#*-'B%+7#/",$#B%#+-'.9%#=.%#=."()#'(#5,("(&%#.(#*-'B%+#B%#+-'.9%#=.%#I"#:#)%#14"11.-%7#I"#"**'-+%#

$'.9%(+#=.%1=.%#&A'$%#".#+%--,+',-%7#".3#A"6,+"(+$7#=."()#B%#9',$#1"#E%(+,"(%#:#\"0('1$7#I"#9'.1",+#9-",/%(+#),-%#

=.%1=.%#&A'$%7#1%#/",-%#('.$#"9",+#-%I.7#&48+",+#+-2$#,/*'-+"(+#*'.-#1.,#=.%#)%$#0%($#)%#1"#9,11%#9,%((%(+#5,("(&%-#

.(# *-'B%+# )"($# $'(# 6'.-07# =.,# /",(+%(",+# 14"&+,9,+87# ('+"//%(+# 14"&+,9,+8# &'//%-I"(+%7# 1"# 6'.&A%-,%7# 1"#

6'.1"(0%-,%7#*.,$=.4,1$#8+",%(+#*-%$+"+",-%$#).#+-.&7#=."()#B%#9',$#1"#E"-0'.,11%#:#H",(+?F/"()?^"1%()%7#&4%$+#wc#

-%$+".-"(+#)"($#.(#9,11"0%7#/",$#&4%$+#.(#-%$+".-"(+#=.,#%$+#,/*'-+"(+#*'.-#&%#9,11"0%7#*'.-#6%".&'.*#)%#0%($#).#

9,11"0%7# 9',1:# )'(&# :# &A"=.%# 5',$# B%# +-'.9%# =.%# I"# "# )%# 14"11.-%# &'//%# ),$%(+# 1%$# =.868&',$# N-,-%P#J# N*;m# K#

%(+-%+,%(#djP#

@#NOP#C4%$+#*1.$#1%#&W+8#$'1,)",-%#=.,#%$+#/,$#%(#"9"(+7#)"($#1%#&1.6#)4,(9%$+,$$%.-$#'(#$4%$+#+'.$#/,$#)4"&&'-)#$.-#

1%# 5",+#=.%# &%#=.,#*-,/",+#)"($#('$# &A',3#)4,(9%$+,$$%/%(+# &48+",+# 14",)%#".#)89%1'**%/%(+# 1'&"1#*1.+W+#=.%# 1"#

*%-$*%&+,9%#)4.(#0",(#5,("(&,%-#=.%1#=.4,1#$',+7#1:#%(#14'&&.--%(&%#'(#"#5,("(&8#)%.3#*-'B%+$#=.,#$'(+#5-"0,1%$7#9',1:#

'(#8+",+#+'.$#)4"&&'-)#*'.-#),-%#=.%#&%#=.,#('.$#,(+8-%$$",+#&48+",+#1"#9,%#).#*-'B%+;#`(#"#6,%(#$f-#+%(.#&'/*+%#).#

9'1%+# 5,("(&,%-7# ,1# $4"0,+# *"$# )4",)%-# +'.+# %+# (4,/*'-+%# =.',# /",$# 6'(# &48+",+# *"$# ('+-%# *-,'-,+87# 14,)8%# &L8+",+#

9-",/%(+#)%#&'($+,+.%-#&%#&1.6#)4,(9%$+,$$%.-$#*'.-#=.4,1#*.,$$%#>#"9',-#)%$#&A'$%$#=.,#$%#*"$$%(+#&A%U#('.$#8#I'LJ#o#%-&)%&*%-#DK#

3#;B#/,*#^(<#^(#4(*&#'()&*%#2%0#')/X%&0#+,>/-#(#0/,&%-,#8<#1/*#X%#0%)(*0#(00%_#=/-&%-&%#2%#^(<#2%#./*)#+,>/-#(#9&9#,-#'%&*&#'%,#(=&%,)#2(-0#5%#29.%5/''%1%-&#2%#')/X%&0#0,)#-/&)%#&%))*&/*)%#I'L!!#o#%-&)%&*%-#]K#

!LeL#A%0#$UZ;AWQ<#,-#5%.*%)#2%#5>*1'5*=(&*/-#

[-#+,%0&*/--%1%-&#=%-&)(5#2%#=%#&)(.(*5#9&(*&#2%#=/1')%-2)%#5%0#%44%&0#2%#5>%-&)9%#2(-0#5%0#$UZ;AWQ#

'/,)# ,-# *-2*.*2,<# %-#1(&*N)%# 2>*1'5*=(&*/-# 5/=(5%# 0,)# 5%# &%))*&/*)%L# Y/,0# (./-0# .,# +,%# 5%0# $UZ;AWQ#

/44)%-&#(,V#=*:(5*%)0#2%0#=/1'9&%-=%0#%&#2%0#=/--(*00(-=%0#-/,.%55%0<#1(*0#(,00*#,-%#/,.%)&,)%#0,)#

2>(,&)%0# )90%(,VL# Y/,0# '/,./-0# '%-0%)# +,%# =%0# )%00/,)=%0# 0/=*(5%0# %&# =/:-*&*.%0# 4(=*5*&%-&# 5(#

'()&*=*'(&*/-#2%0#=*:(5*%)0#T#2>(,&)%0#*-*&*(&*.%0#=/55%=&*.%0#%&#=*&/7%--%0#0,)#5%#&%))*&/*)%L#`#5(#5,1*N)%#

2%0# 2*0=/,)0# 2%0# '%)0/--%0# )%-=/-&)9%0# %-# %-&)%&*%-<# *5# %0&# '/00*E5%# 2>*2%-&*4*%)# &)/*0# %44%&0#0,)#

5>*1'5*=(&*/-#0,*&%#T#,-%#%V'9)*%-=%#=*:(5*N)%#@#

6 G%0#*1'5*=(&*/-0#5/=(5%0#2*)%=&%1%-&#5*9%0#T#5(#'()&*=*'(&*/-#(,V#$UZ;AWQ#

! !J"#

6 G%0#*1'5*=(&*/-0#5/=(5%0#*-2*)%=&%1%-&#5*9%0#T#5(#'()&*=*'(&*/-#(,V#$UZ;AWQ#

6 F(0#2%#-/,.%55%0#*1'5*=(&*/-0#/,#0%,5%1%-&#2(-0#,-#4,&,)#5/*-&(*-#

(L#G%0#*1'5*=(&*/-0#5/=(5%0#2*)%=&%1%-&#5*9%0#T#5(#'()&*=*'(&*/-#(,V#$UZ;AWQ#

$%&&%# =(&9:/)*%# =/-=%)-%# &)/*0# 0*&,(&*/-0#@# 2%0# =*:(5*%)0# +,*# /-&# ')*0# =/--(*00(-=%<# '()# 5%# E*(*0# 2%0#

$UZ;AWQ<#2>,-%#*-*&*(&*.%#-/,.%55%#%&#0,*&%#T#=%5(#/-&#29=*29#2%#0>7#*1'5*+,%)#�#2%0#=*:(5*%)0#+,*#0%#0/-&#

*1'5*+,90# 0,*&%# T# 5%,)# %V'9)*%-=%#2>9'():-(-&# 0/5*2(*)%# %&# +,*# %V'5*=*&%# 5(# )%5(&*/-#2%# =(,0%# T# %44%&#

2(-0#5%,)#2*0=/,)0#�#2%0#*-&%))/:(&*/-0#-9%0#T#5(#0,*&%#2%#5>*1'5*=(&*/-#=*:(5*N)%#0,)#2*449)%-&0#0,X%&#2%#

0/=*9&9#/,#0,)#0/-#'()=/,)0#'%)0/--%5L##

Y/,0# )%&)/,./-0# 2%0# =*:(5*%)0# +,*# 0%# 0/-&# *-.%0&*0# 2(-0# 2>(,&)%0# 0&),=&,)%0# /,# ')/X%&0# 2%# 4*-(-=%#

0/5*2(*)%#IYWz<#;h;F<#\GA<#WYWj$kkF<#')/X%&#WV')%00/<#[55,5%K<#,-%#=*:(5*N)%#0>%0&#*-.%0&*%#2(-0#,-%#

(00/=*(&*/-# 2>B(E*&(&# '()&*=*'(&*4<# 2/-&# %55%# (# %-&%-2,# '()5%)# T# 5>*-&9)*%,)# 2%# 0/-# =5,E<# ,-%# (,&)%# (#

29=*29# 2%# 0>*-.%0&*)# 2(.(-&(:%# 2(-0# 5>(00/=*(&*/-# 2%0# '()%-&0# 2>95N.%0<# 0,*&%# T# 0/-# %V'9)*%-=%#

2>9'():-(-&%#0/5*2(*)%<#2>(,&)%0#%-=/)%#0%#0/-&#*-&%))/:90#0,)#5%#'5(=%1%-&#2%#5%,)#9'():-%L#[-#2%0#

=*:(5*%)0# 0/,B(*&%)(*&# 1?1%# 0%# )9/)*%-&%)# ')/4%00*/--%55%1%-&# %&# &)(.(*55%)# 2(-0# ,-%# (00/=*(&*/-#

)9:*/-(5%#2%0#$UZ;AWQ#/,#2(-0#5%#0%=&%,)#2%#5>(==/1'(:-%1%-&#T#5(#=)9(&*/-#2>%-&)%')*0%L#

$%&&%#=(&9:/)*%#=/-=%)-%#2(.(-&(:%#2%0#*-2*.*2,0#+,*#0>9&(*%-&#'%,#*1'5*+,90#(.(-&#2>?&)%#=*:(5*%)L#

@#NOP#_"-#%3%/*1%#&4%$+#:#+-"9%-$#1%$#CDEF!GH#=.%#B4",#-%(&'(+-8#)%$#0%($#=.,#/4'(+#*"-18#)%$#FYF_7#=.,#/4'(+##

*"-18#)%#1"#cGn7#),$'($#=.%#1:#I"#*%-/%++",+#)%#-%(&'(+-%-#)%$#0%($#=.,#8+",%(+#)%)"($7#=.,#*'.9",%(+#%(#*"-1%-#

)%# 14,(+8-,%.-#IsK#Y',# B%#$.,$#"$$%U#"++"&A8#:# 1"#$*A2-%#)%# 1"# 5,("(&%#$'1,)",-%7#I"#/4"#)'((8#%(9,%#)4"11%-#9',-#

)4".+-%$# '-0"(,$/%$#=.,# 5",$",%(+# .(#*%.# 1"#/M/%# &A'$%7# L5,(# =.,# 8+",%(+# )"($# 1"# 5,("(&%# $'1,)",-%# ".#(,9%".#

1'&"17#=.,#%$$">",%(+#)%#$%#)89%1'**%-7#*'.-#9',-#=.%11%$#8+",%(+#1%.-$#%(+-8%$7#1%.-#"**-'&A%#%+&;#_"-#%3%/*1%#B%#

/%#$.,$#,(+8-%$$8#:#&%#=.%#5",$",+#^%--%#)%#!,%($#".+'.-#).#-"&A"+#)4.(%#5%-/%#$.-#14"001'/8-"+,'(#1:#>4"#)%.3#

"($7#B%#/%#$.,$#,(9%$+,#5,("(&,2-%/%(+7#/",$#*"$#68(89'1%/%(+7#*"-&%#=.%#1%$#CDEF!GH#&4%$+#)8B:7#&'//%#B%#$.,$#

:#1"#5',$#".#&1.6#%+#:#14"$$'&,"+,'(#-80,'("1%#I"#/%#*-%()#.(#*%.#)%#+%/*$#%+#*.,$#B%#$.,$#)"($#)4".+-%$#&A'$%$#:#

&W+87#9',1:#*"-%,1#GcGqC``_#=."()# ,1$#'(+# 1"(&8# 1%.-# 5'()#8(%-0,%#*"-+"08%7# B4",#8+8#9',-#.(#*%.#&'//%(+#I"#

5'(&+,'((",+#%+&;#a4",#-%(&'(+-8#)%$#68(89'1%$#1'&".3#=.,#%$$">",%(+#)%#)89%1'**%-#.(#&1.6#)4")A8-%(+$#G(%-&''*#

1'&"1%/%(+7#%+#B4",#%.#14'&&"$,'(#)%#-%(&'(+-%-#*1.$,%.-$#5',$#)%$#68(89'1%$#)%#1"#cGn#*'.-#%(#*"-1%-#"9%&#%.37#=.,#

%$$">%(+#)%#/'(+%-#)%$#0-'.*%$#cGn#".$$,#6,%(#$.-#1%#!,9-")',$7#".#_.>#%+&;#8#I'L#!!#o#%-&)%&*%-#!CK#

@#&4%$+#9,"#yL#I:9)(-&#2%#5(#$UZ;AWQ#$%-&#z(^/-0K#=.%#B4",#5",+#1%#1,%(#"9%&#14"$$'&,"+,'(#@#u"6,+%-#F.+-%/%(+#J7#%(#

*"-"1121%# ('.$# '(# /'(+",+# ('+-%# *%+,+# *-'B%+# )%# ('+-%# &W+87# '(# $4%$+# /,$# %(# 1,%(# %+# *'.-# 1%# &'.*# /',# B%# /%#

-%+-'.9%# )"($# 1%# 6.-%".# ).# &'($%,1# )4")/,(,$+-"+,'(# )4#@#u"6,+%-# F.+-%/%(+#J# =.4'(# 5",+# 9,9'+%-# .(# *%.#

),55,&,1%/%(+7#&4%$+#9%(.#.(#*%+,+#*%.#"*-2$#1%$#$UZ;AWQ#I`#5(#+,%0&*/-#@#<&,);"&')/)/00"18:);"81,),#81:,)9/#')&#) $%&=) !>?@+AB)CK#V# @#)%# 5",-%# )%$# &'((%&+,'($# "9%&# )4".+-%$# -8$%".3# "$$'&,"+,5$# &'//%# @#u"6,+%-#

F.+-%/%(+#J#J#I'LC6#%-&)%&*%-#!OK#3#Y',#I"#/4"#*'$8#=.%$+,'(#$.-#/"#6"(=.%#*"-#%3%/*1%7#%$+?&%#=.%#B%#9",$#:#

1"#cGn#'.#)%$#&A'$%$#&'//%#I"7#=.4%$+?&%#=.%#B%#5",$#)%#/'(#"-0%(+7#)%#/'(#8*"-0(%#%+#*.,$7#B%#/%#$.,$#*'$8#:#

.(#/'/%(+#1"#=.%$+,'(#NOP#%(#5",+#)"($#14"6$'1.%#'.,#B4".-",$#",/87#/",$#*-"+,=.%/%(+#I"#9".+#*"$#1%#&'.*#=.',#

NOP# B4",# 9.# $.-# .(# A"6,+"+# *"-+,&,*"+,5# )"($# 1"# Q-W/%# @#u"6,+%--%#J7# ,1$# '(+# /,$# %(# *1"&%# %(# 5",+# .(# $>$+2/%#

)4"&+,'(("-,"+#%+#,1$#'(+#er#'.#jrr#rrr#%.-'$#=.,#'(+#8+8#*-M+8#*"-#)%$#-8$%".3#)4"/,$#%+&;#G+#=.4,1$#-8/.(2-%(+#:#

! !JC#

A".+%.-#)%#d{7#5,(4#9',1:7#B4",#B"/",$#5",+#1"#)8/"-&A%#*"-&%#=.%#B4",#*"$#*-,$#1%#+%/*$#%+#+'.+7#/",$#B%#*'.--",$#

1%.-#5,1%-#B%#(%#$",$#*"$#/',7#lrrr#%.-'$7#%+#*.,$#=."()#B4",#6%$',(#)%#1%$#-8&.*8-%-#B%#1%.-#5",+#$,0(%#%+#9',1:#=.',7#

$".5#=.%#&%#(4%$+#*"$#$+-.&+.-8#".B'.-)4A.,7# &%#(4%$+#*"$# 5"&,1%#)4"&&2$#)%#/%++-%#$'(#"-0%(+#$.-#)%# 148*"-0(%#

$'1,)",-%7#%+#*.,$#)%#$"9',-#=.%#+.#*%.3#1%#-8&.*8-%-#5"&,1%/%(+7#=."()#+.#&'//%(&%$#:#"9',-#.(#*-'B%+#)4A"6,+"+7#

>4"#I"#".$$,7#/',# B4"++%()$7# B4",#)%#14"-0%(+#),$*'(,61%#)"($#14"++%(+%#)4.(#*-'B%+#)4A"6,+"+7#$,#*'$$,61%#)4A"6,+"+#

*"-+,&,*"+,5#J#I#'Le#%&#!P#o#%-&)%&*%-#!OK#

@#`.,# *"-&%# =.%# B%# 5",$",$# *"-+,%# )%# 14"$$'&,"+,'(# )%$# *"-%(+$# )48129%$# :# C1%-/'(+7# "9"(+# =.4'(# )8/8("0%# %+#

B4"9",$#*"$#&'/*-,$#1%#+-.&7#B%#(%#$"9",$#*"$#+-'*#:#=.',#I"#*'.9",+#$%-9,-#%+#*.,$#B%#(%#$"9",$#*"$#&%#=.%#B%#*'.9",$#

"**'-+%-7#)'(&#B%#(48+",$#*"$#+-2$#,/*1,=.8%7#%+#*.,$#B4",#5",+#1%$#CDEF!GH7#%+#1:#B%#/%#$.,$#),+7#6%(#$,#+4"$#=.4:#&"$#

)'((%-#+'(#"9,$7#&4%$+#*"$#&'/*1,=.87#+.#8&A"(0%$#"9%&#1%$#".+-%$7#)'(&#B%#/%#$.,$#),+#@#"11%U#A'*#B4>#-%+'.-(%#:#

F.6,2-%#J# %+# *.,$# &%++%# 5',$# *"-# &'(+-%# B%# $.,$# *1.$# *-'"&+,9%7# B%# ),$&.+%7#/",$# $,# B%# (4"9",$# *"$# 5",+# *"-+,%# )%$#

CDEF!GH#B%#(4>#$%-",$#*"$#-%+'.-(8%#J#I'L!P#o#%-&)%&*%-#JK#

3#!%$#CDEF!GH7#6%(#B4",/%-",$#*'.9',-#%$$">%-#)%#+-"9",11%-#1:?)%)"($7#"*-2$#B4",#%(9,%#)%#-%0"-)%-#1%#&'(+%3+%#1:?

)%)"($#*'.-# 9',-# $,# >4"#/'>%(#)%# +-"9",11%-#'.# $,# &4%$+#0"12-%7# B4",# %(9,%#)%# 5",-%#.(# +-"9",1# =.,#/%#*1",+# %+# %(#

/M/%#+%/*$#B4",#*"$#%(9,%#)%#/%#-%+-'.9%-#&',(&8#8#I'L!!K#)D))8*Y',#,)8"1%/%(+#&%#$%-",+#)4"9',-#*"-#1"#$.,+%#.(#

/8+,%-#)"($#1"#5,("(&%#$'1,)",-%#B.$+%/%(+#%+#)4"&&'/*"0(%-#)%$#*-'B%+$7#)%#*'.9',-#",)%-#1%$#*-'B%+$#:#$%#&-8%-7#

%(#">"(+#.(#Z,1#%3+%-(%#%+#%(#">"(+#1"#&"*"&,+8#)%#),-%#@#6%(#8&'.+%#1:#8&'('/,=.%/%(+#I"#*"-"g+#6,%(#%+&;P#I"#

'.",$#B%#+-'.9%-",$#I"#08(,"17#$,#+.#*%.3#"/%(%-#)%$#-851%3,'($#,(+%11,0%(+%$#=.,#",)%(+#1%#*-'B%+#+.#*%.3#9-",/%(+#

"9',-# 1%# $%(+,/%(+# )4"9',-# ",)8# :# &-8%-# =.%1=.%# &A'$%;# y4"# .(%# CDEF!GH# :# ^'.-$7# B%# *'.--",$# $',+# %$$">%-# )%#

-%(+-%-# )%)"($# '.# %(# &-8%-# .(%# ('.9%11%7# %+# *.,$# %$$">%-# )4"&&'/*"0(%-# ".$$,# 14'-0"(,$/%# )%# 5,("(&%/%(+#

$'&,"1#%+#$'1,)",-%7#1%#CqGH`!#'<#>4"#.(%#*%-$'((%#=.,#+-"9",11%#1:?)%$$.$#%+#9',-#$,#B%#(%#*%.3#*"$#1.,#)'((%-#.(#

&'.*#)%#/",(#68(89'1%/%(+#1:?)%$$.$#8#I'L!O#o#%-&)%&*%-#CK)

EL#G%0#*1'5*=(&*/-0#*-2*)%=&%1%-&#5*9%0#(,V#$UZ;AWQ#

U=*<# 5>*1'5*=(&*/-#,5&9)*%,)%#(,V#$UZ;AWQ#(#',#?&)%#)%-4/)=9%#'()#5>%V'9)*%-=%#=*:(5*N)%#1(*0#%55%#->%-#

%0&# '(0# 5(# 0%,5%# =(,0%L# A(# )945%V*/-# '/,)# 0>*-.%0&*)# 2(-0# ,-%# -/,.%55%# 0&),=&,)%# (# ')9=929<# 2(-0# 5(#

'5,'()&# 2%0# =(0<# 5>(=&*.*&9# 2>9'():-(-&# 0/5*2(*)%L# Y/,0# )%&)/,./-0# '5,&H&# 2%0# =*:(5*%)0# +,*# /-&# 9&9#

*1'5*+,90#T#'5,0*%,)0#)%')*0%0#(.(-&#5%0#$UZ;AWQ#%&#+,*#0/,B(*&%-&#T#')90%-&#4/)&%1%-&#0>*-.%0&*)#2(-0#

5(# .*%# 2%# 5%,)# =/11,-%<# -/&(11%-&# (,# 0%*-# 2%# 5(# 1,-*=*'(5*&9L# A%0# $UZ;AWQ# 0>*-0=)*.%-&# 2(-0# 5(#

=/-&*-,*&9#2>,-#'()=/,)0<#1(*0#->%-#0/-&#'(0#4/)=91%-&#5>(E/,&*00%1%-&L##

I`#5(#+,%0&*/-#@#E"81,)(50%($/8("#)9/#')%,')!>?@+AB);"&')/F8F,%%,)9"##:),#;(,)9,);"&')(#;,'8(1)9/;/#8/-,)'&1);"81,)8,11(8"(1,)CG#@#Q"9"(+"0%#('(7#*"-&%#=.%#&48+",+#)8B:#.(%#%(9,%#"9"(+7#/",(+%("(+#B4",#8+8#81.#&48+",+#*"$#

9-",/%(+# *-89.# /",$# %(# /M/%# +%/*$# &4%$+# ".$$,# =.%1=.%# &A'$%# =.%# B4%(9,$"0%",$7# *"$# 5'-&8/%(+# +'.+# )%#

$.,+%;#a4",/%#6,%(#-%()-%#$%-9,&%#+'.+#I"7#I"#/%#*1",+#6,%(7#".#6'.+#)4.(#/'/%(+#I"#$%-",+#9%(.7#"1'-$#"*-2$#$'.$#

=.%11%$# 5'-/%$7# I"# ".-",+# *.# M+-%# )"($# )4".+-%$# "$$'&,"+,'($7# *.,$# 1:# %(# 5",+# I"# $4%$+# *-8$%(+8# &'//%# I"# 1%$#

81%&+,'($7#'(#%$+#9%(.#('.$#)%/"()%-#)'(&#'(#"#),+#'.,#*'.-=.',#*"$7#9',1:;#`(#$.,9",+#)8B:#=."()#/M/%#*"$#

/"1# &%#=.,# $%#*"$$",+# $.-# 1%# +%--,+',-%7#=.,++%#:#A"6,+%-#:#.(#%()-',+# &4%$+# ,/*'-+"(+#".$$,7#)%#(%#*"$#M+-%#=.%#

&'($'//"+%.-7#)%#+'.+%#5"I'(#$,#'(#9%.+#=.4,1#>#",+#)%$#&A'$%$#=.,#%3,$+%7#'.#=.4,1#>#",+#)%$#0%($#=.,#5"$$%(+#)%$#

&A'$%$O#8#I'L!!#o#%-&)%&*%-#DK#

3#\%(#)8B:#B48+",$#&"(),)"+%#)'(&#$,#'(#"9",+#%.#$.55,$"//%(+#)%#9',%$#B4".-",$#*.#M+-%#81.%7#B48+",$#(./8-'#e#$.-#

1"#1,$+%7#&48+",+#&%++%#"((8%7# 1"#/",-,%#&4%$+# 148&A%1'(#1%#*1.$#*-'&A%#).#&,+'>%(#%(#5",+7# B%#(4,-",#*"$#/4,/*1,=.%-#

*'1,+,=.%/%(+#)"($#".+-%#&A'$%#/",$#1"#&'//.(%#I"#/4,(+8-%$$",+7#)'(&#B%#/%#$.,$#%(0"08%#$.-#.(%#1,$+%7#'(#"#

! !JD#

*"$#-%/*'-+8#1%$#81%&+,'($7#'(#"#=.4.(%#$%.1%#*%-$'((%#)%#('+-%#1,$+%#=.,#"#8+8#81.%#)"($#148=.,*%#/.(,&,*"1%#8#I'L]#o#%-&)%&*%-#!PK#

3#c'(#*"$#*1.$#=.%# 14,)8%#=.%# B4"9",$# )8B:7# B4",# 5",+# )%.3#"($# $.-# 14FYF_7# B%#/4,(9%$+,-",# $.-# 1%#_'.1",11%-# IFL# (#=/--,#=%&&%#*-*&*(&*.%#(.(-&#2>?&)%#=*:(5*%)P7#%+#$,#I"#*%.+#*-%()-%#+"(+#/,%.37#B4",/%#6,%(#9"-,%-7#+'.B'.-$#)"($#

&%++%#,)8%#)%#/%++-%#)%$#*%+,+$#&",11'.37#"*-2$#/',#B%#(%#9%.3#*"$#M+-%#*'-+%.-#*%()"(+#)%$#"((8%$#)4.(#*-'B%+7#

1%$# CDEF!GH# &4%$+# .(# *1.$# =.,# &'--%$*'()# :# 14,)8%# =.%# B%#/%# 5",$# )%# &%++%# $'1,)"-,+8# $.-# &%# +%--,+',-%#8# I'LS# o#%-&)%&*%-#SK#

=L#G%#-/,.%55%0#*1'5*=(&*/-0<#%-#)945%V*/-s#

G(-0#=%&&%#=(&9:/)*%<#5%0#=*:(5*%)0#-%#0%#0/-&#'(0#4/)=91%-&#%-=/)%#*1'5*+,90#0,*&%#T#5%,)#%-&)9%#2(-0#

,-#=5,E#$UZ;AWQ<#1(*0# *50#/-&#(1/)=9#2%0#)945%V*/-0#2(-0#=%#0%-0# I'(0# &/,X/,)0#2*)%=&%1%-&# 5*9%0#T#

5%,)#*1'5*=(&*/-#=*:(5*N)%KL#$%)&(*-0#'()5%-&#2%#')/X%&0#2>*1'5*=(&*/-#=/-=)%&0#@##

3#;1'-$# ".B'.-)4A.,7# "9%&# 1%# *%.# )%# +%/*$# =.%# B4",7# &%# $%-",+# 9-",/%(+# )"($# 1%$# "((8%$# =.,# 9,%((%(+7# "9%&# 1%$#

8&A8"(&%$#=.,#9'(+#$%#*',(+%-7#'.",$#&%#$%-",+#)%#*1.$#$4,(9%$+,-#)"($#)%$#&'11%&+,5$#&,+'>%($7#%+#*.,$#%(#*'1,+,=.%#

'(#9%--"7#&%#=.,#$%-",+#6,%(#&4%$+#)%#9-",/%(+#5",-%#)8/"--%-#1%#&'11%&+,5#q''$%9%1+7#&%#=.,#$%#5",+#)"($#1%$#0-"()%$#

9,11%$#:#_"-,$#%+#:#!>'(7#*'1,+,=.%/%(+#&%#=.,#/4"++,-%#&4%$+#@#c'.9%11%#Q'((%#J7#*"-&%#=.%#I"#9,%(+#)4.(#&'11%&+,5#

&,+'>%(7#/",$#&4%$+#14"(&-"0%#:#0".&A%#=.,#/%#)8-"(0%#.(#*%.7#'.,#B4",#5",11,#1%$#$.,9-%7#*"$#%(#+M+%#)%#1,$+%#6,%(#

$f-#/",$#&4%$+#14"&+,'(7#&4%$+#&%#=.4'(#),$",+7#)8B:#*%($8#:#M+-%#$.-#.(%#1,$+%#/.(,&,*"1%7#1"#)8&,$,'(#%(#%11%?/M/%#

&4%$+#*"$#$,#&4%$+#'.,#'.#('(#&4%$+#*1.+W+#=."()#%+#&'//%(+#J#I'L!P#o#%-&)%&*%-#!"K#

@#Q'((%-#%(9,%7#'.,7# &1",-%/%(+# B%#(%# $",$#*"$# $,# B4",# %(&'-%#.(%# 5',$# 1%$#8*".1%$#'.# 1%# &'.-"0%7# B%#(%# $.,$#*"$#

=.%1=.4.(#)%# +-2$# %(+-%*-%(%.-7#/",$# B4",# %.# 14'&&"$,'(#:#X#'.#e# -%*-,$%$#"9%&#.(%#)"/%#=.,# %$+# $.-# 1%$# 1,$+%$#

81%&+'-"1%$# :# F.6,2-%7# &'//.(%# *'.-# 1"=.%11%# B%# (4",# *"$# 9'+8# *.,$=.%# B48+",$# %(&'-%# -8$,)%(+%# :# C1%-/'(+#

14"((8%#)%-(,2-%7#/",$#6-%5#'(#"#),$&.+8#)%#+'.+#%+#)%#-,%(7#%+#:# 1"# 5,(#&%++%#)"/%#/%#),+#@#B%#*%($%#=.%#('.$#

".-'($# 14'&&"$,'(#)%# +-"9",11%-#%($%/61%#J7#%+# B%#/%#$.,$#)%/"()8#*'.-=.',#%11%#/4"9",+#),+#I"7#%+#I"#/4"# 5",+#

*%($%-#=.%#*%.+?M+-%#.(#B'.-#B4".-",$#%(9,%#)%#5",-%#=.%1=.%#&A'$%#"9%&#%.37#&%#(4%$+#*"$#.(%#,)8%#=.,#%$+#%3&1.%7#

$,#>4"#)%$#*-'B%+$#=.4,1$#'(+#%(9,%#)%#/'(+%-7#*%.+?M+-%#=.%#B4".-",$#%(9,%#)%#/4>#,(+8-%$$%-7#B%#/%#),$#=.%#*%.+?

M+-%#=.%# 1:# B%#(%# $.,$#*"$#*-M+%7#/",$#*%.+?M+-%#=.%#)"($#l#"($# B4".-",$#%(9,%#)%#)89%1'**%-#.(#*%+,+# +-.&# $.-#

F.6,2-%7# $.-# B%#(%#$",$#=.',7#%11%#/4"#*"-18#)4.(#*-'B%+#=.%# B4",# +-'.98#$.*%-7#%11%#9'.1",+#/'(+%-#I"#".#(,9%".#

*'1,+,=.%7#/",$#*%.+?M+-%#=.%#5,("1%/%(+#I"#(%#$%#5%-",+#*"$#".#(,9%".#*'1,+,=.%7#)'(&#B%#/%#),$#=.%#I"#*%.+#M+-%#

,(+8-%$$"(+7#%(#5",+#%(#Xrdj#>4"#6%".&'.*#)%#0%($#=.,#(4"--,9%(+#*"$#:#*">%-#1%.-#&A".55"0%7#=.,#'(+#)%$#/",$'($#

.1+-"#*'.--,%$7#%+#14,)8%#&%#$%-",+#)%#/%++-%#%(#*1"&%#.(#-%0-'.*%/%(+#)4%(+-%*-%(%.-$7#=.,#*%-/%++%#)4,$'1%-#:#

/',()-%#5-",$# 1%$#/",$'($7#)'(&#9',1:#B%#/%#),$#=.%#I"#*%.+#M+-%#*"$#/"17# B%#/%#),$#=.%#*%.+?M+-%#=.4%(#5,(#)%#

&'/*+%#B%#$%-",$#*-M+%#:#/%#1"(&%-#$.-#)%$#+-.&$#J#N*;i#K#%(+-%+,%(#kP#

@#a4",#".$$,#)%.3#+-',$#*%+,+$#"**%1$#).#*,%)7#180%-7#*"$#*'.-#M+-%#)"($#1%#&'($%,1#/.(,&,*"1%7#/",$#*'.-#*"-+,&,*%-#

:# 14"$$'&,"+,'(# )%# $'.+,%(# )%# 1"# $%&+,'(7# 1%$# 6,%($# )%# $%&+,'(7# '.,# 6'(# "1'-$# &'//%# B%# $%($# 6,%(# =.4,1# ># "# )%$#

"11,"(&%$7#=.,#'(+#)%$#A",(%$#"(&%$+-"1%$7# B%#(%#/",+-,$%#*"$#).#+'.+7#)'(&# B%#(4",#*"$#).#+'.+#%(9,%#)%#-%(+-%-#

)"($#&%#0%(-%#)%#+-.&7#I"#/%#*1",-",+#6,%(#%55%&+,9%/%(+#)4M+-%#*1.$#,/*1,=.8%#)"($#&'//.(%7#/",$#B%#*%($%#=.%#

I"#(%#5",+#*"$#"$$%U#1'(0+%/*$#=.%#B%#$.,$#1:#%+7#6'(7#$,#B%#/4%(+%()$#6,%(#"9%&#/%$#9',$,($7#B%#(%#5",$#*"$#%(&'-%#

*"-+,%#).#*">$"0%#%(&'-%7#I"#B%#1%#$",$#6,%(7#I"#(%#9"#*"$#$%#5",-%#&'//%#I"7#)'(&#B%#(%#9",$#*"$#"11%-#/%++-%#/'(#

0-",(#)%#$%17#&4%$+#+-'*#+W+7#5".+#"++%()-%#.(#*%.#)4M+-%#9-",/%(+#,(+80-87#I"#$%#*"$$%#6,%(#/",$#&4%$+#+-2$#1%(+#%+#

I"#(%#$%#5",+#*"$#&'//%#I"7#5,(4#&%1"#),+#B4",#6,%(#&'/*-,$#=.%#&48+",+#:#/',#)%#5",-%#1%$#%55'-+$7#*"-&%#=.%#I"#(%#

9,%()-",+#*"$#)"($# 14".+-%#$%($7#/'>%(("(+#=.',#%55%&+,9%/%(+# 1%$# $>/*"+A,%$#"--,9%(+7#/",$# 1%$#0%($#(%#$'(+#

*"$# "&&.%,11"(+$7# )'(&# B%# -%$*%&+%# I"# %+# B4"++%()-",# =.4,1# $%# *-8$%(+%# .(%# '&&"$,'(# :# .(# /'/%(+#J# I'LC# o#%-&)%&*%-#!!K#

! !JJ#

\(-2*0# +,%# =%)&(*-0# I1(X/)*&(*)%1%-&# 2%0# 3#.9&9)(-0#8# 2%# 5>*1'5*=(&*/-K<# 29XT# &)N0# /==,'90# %&#

*1'5*+,90<#->%-.*0(:%-&#'(0#'/,)#5%#1/1%-&#2%#0>*-.%0&*)#T#-/,.%(,#@#

@#u'# '(# %(# 5",+# )8B:# 6%".&'.*7# '(# 9%--"# )"($# =.%1=.%$# "((8%$7# I"# )8*%()-"# )%# *1%,(# )%# &A'$%$#8# I'L!J# o%-&)%&*%-#"K#

@#G(9,%#)%#/4,/*1,=.%-#)"($#)4".+-%$#&A'$%$#[#c'(#J#I'L!"#o#%-&)%&*%-#OK#

@#c'(#*"$#*1.$#*"-&%#=.%#>4"#^%--%#)%#1,%($7#>4%(#"#6%".&'.*#)%#1"#CDEF!GH#=.,#$'(+#,/*1,=.8$#)"($#^Q!#/",$#1:#

B%#9%.3#*1.$#-,%(7#I"#5",+#+-'*#J#I'L!"#o#%-&)%&*%-#!K#

a%#),-",$#('(#)"($#1%#$%($#'<#&4%$+#%(#$',#%(&'-%#.(%#".+-%#5"I'(#)%#/4,(9%$+,-7#*"-&%#=.%#B%#$.,$#)8B:#,(9%$+,%#NOP#

F.#(,9%".#8&'('/,=.%7#148+"*%#$.,9"(+%#I"#$%-",+#)%#),-%#@#'R#"118#B%#5",$#/'(+%-#/'(#*-'B%+#J7#/",$#6'(#I"#-%$+%#

)"($#.(#"9%(,-#+-2$#1',(+",(#N-,-%P7#/",$#I"#&%#(4%$+#/M/%#*"$#1,8#:#1"#CDEF!GH7#=."()#'(#"#"&A%+8#&%++%#/",$'(?

1:7# 6%".&'.*# )%# *%-$'((%$# ('.$# '(+# ),+# =.%# &48+",+# 6,%(# "0%(&8# *'.-# /'(+%-# .(# 0g+%# -.-"17# /",$# 6'(# &4%$+#

9-",/%(+#+-2$#1',(;#Y",$#%(#+'.+#&"$#148+"*%#"*-2$#1%$#CDEF!GH#&4%$+#I"7#&4%$+#)%#&-8%-#$',?/M/%#I'L!!#o#%-&)%&*%-#]K#

@#NOP# a%# (4",# *"$# 5'-&8/%(+# %(9,%# )4%(# 5",-%# *1.$O#c'(# *'.-# 1%#/'/%(+# ('(7# *"-&%# =.%# B%# (%# $.,$# *"$# "$$%U#

-%($%,0(8%7#B%#(%#/%#$%($#*"$#/f-%7#B%#(%#$.,$#*"$#%(&'-%#"$$%U#"0.%--,%#%(#5,("(&%#%+#*.,$#I"#/%#$.55,+#*'.-#1%#

/'/%(+7#B4%$+,/%#=.%#&%#(%#$%-",+#*"$#-",$'(("61%7#*"-&%#=.%#$,#'(#9%.+#5",-%#1%$#&A'$%$#&'--%&+%/%(+#,1#(%#5".+#

*"$# %(# "9',-# +-'*# NOP# %+# *.,$# B%# /4,/*1,=.%# *%-$'((%11%/%(+# )"($# 14FYF_7# B%# /4'&&.*%# )%# +'.+# &%# =.,# %$+#

&'(&-%+#V#1,9-",$'($#%+&;#8#I'L]#o#%-&)%&*%-#eK#

W-# 2%B/)0# 2%# 5(# '()&*=*'(&*/-# T# 2>(,&)%0# 0&),=&,)%0# =/55%=&*.%0# %&# =*&/7%--%0<# *5# %0&# *-&9)%00(-&# 2%#

)%1()+,%)# +,%# 5%0# *-2*.*2,0# '%,# *1'5*+,90# (.(-&# 5%0# $UZ;AWQ# 0>*-&%))/:%-&# 0,)# 5%# 0%-0# 2%# 5%,)#

19&*%)#@# =%)&(*-0# %-.*0(:%-&# ,-%# )9/)*%-&(&*/-# ')/4%00*/--%55%# 2(-0# 5%# 4,&,)<# 2>(,&)%0# /-&# 1*0# %-#

'5(=%# 2%0#19=(-*01%0# 2>(2('&(&*/-# '/,)# )%-2)%# 5%,)# 0*&,(&*/-# '5,0# =/-4/)&(E5%<# =>%0&# 5%# =(0# 2>,-%#

=*:(5*N)%#+,*#2*&#0%#0%).*)#2%#&%=B-*+,%0#2>(-*1(&*/-#2,#1/-2%#2%#5>9=/-/1*%#0/=*(5%#%&#0/5*2(*)%#2(-0#

5%#1/-2%#2%#5>%-&)%')*0%#=5(00*+,%L#

3#IsK# a%# -%0"-)%#-80.1,2-%/%(+# 1%$#'55-%$#)4%/*1',$#=.4,1#*%.+#>#"9',-7#/M/%#$,# B%#$.,$#&'($&,%(+%#=.%#I"#*%.+#

M+-%#*-8&",-%7#)'(&# B%#/%#),$#=.%#*%.+?M+-%#=.4.(# B'.-# B%# $%-",$#*-M+%#:#=.,++%-#/'(#6'.1'+7#*"-&%#=.%#$,# B%# 1%#

=.,++%#*"$#&4%$+#=."()#/M/%#*'.-#)%$#-",$'($#5,("(&,2-%$7#B4",#.(%#/",$'(#$.-#1%#)'$7#B4",#)%$#%(5"(+$7#$,#B48+",$#

+'.+%# $%.1%7# $"($# %(5"(+$7# $"($# /",$'(7# $"($# -,%(7# '.,# 1:7# "9%&# +'.$# 1%$# 0%($# =.%# B%# -%(&'(+-%7# &%# )'(+# B4",#

%(+%().#*"-1%-7#'.,#B%#$%-",$#*-M+%#:#=.,++%-#/'(#6'.1'+#%+#:#5",-%#.(#+-.&#*1.$#)%#&Z.-7#)'(&#*%.+?M+-%#=.%#)"($#

=.%1=.%$#"((8%$#B%#$%-",$#*-M+%#:#5",-%#I"7#'(#9%--"7#&%#$%-"#1"#$.-*-,$%#J#I'Le#o#%-&)%&*%-#JK#

3#y4"#)%$#*8-,')%$#)%#1"#9,%#&'//%#I"#'<#'(#%$+#*"$#5'-&8/%(+#+-2$#6,%(#'<#'(#%$+7#$',+#'(#"--,9%#:#5",-%#".+-%#

&A'$%#".# $%,(#)%# 14%(+-%*-,$%# $,# '(#*%.+# 1%# 5",-%7# $',+# '(# $%# -8'-,%(+%#)"($#".+-%# &A'$%7# # ".B'.-)4A.,# &%# $%-",+#

9-",/%(+# &A"(0%-# )%# $%&+%.-# %+# *.,$# )%# )'((%-# ).# $%($7# $,# B%# )%9",$# &A"(0%-# &%# $%-",+# )"($# 1%# )'/",(%# )%#

14%(9,-'((%/%(+7#)%$#8(%-0,%$#-%('.9%1"61%$#%+#$.-#1"#5'-/%#".$$,7#.(%#HC``_#&4%$+#%3&%11%(+7#&4%$+#&'(&'/,+"(+#

"9%&#XrdrvXrdX#&4%$+#.(#*%.#+'.+#I"#J#I'L!P#o#%-&)%&*%-#!"K#

@##NOP#%+#%(#*1.$#+.#*%.3#5",-%#)%$#1,%($#%(+-%#1%#/'()%#)%#14%(+-%*-,$%#%+#&%#=.%#+.#5",$#:#14%3+8-,%.-7#+>*,=.%/%(+#

1%$#/8+A')%$#)4"(,/"+,'($#=.%#B4",#-8&.*8-8#".#&%(+-%#)%$#F/"(,($7#6%(#&4%$+#+'*#=.',7#=."()#B4",#5",+#5",-%#.(#

5,$A6']1# %(# B'.-(8%# "9%&# .(%# &%(+",(%# )4'-0"(,$"+%.-7# =.%# B4",# 1"(&8# 1%$# ,)8%$# )%# 5'-./$# '.9%-+$7# %+# =.%# I"#

*-%()7#6%(#B%#/%#),$#@#+'*#|#J7#"/%(%-#.(#('.9%".#/,(%#$%+#)"($#14%(+-%*-,$%#I'LJ#o#%-&)%&*%-#!OK#

! !J]#

# #

A%0# $UZ;AWQ<# 0/-&# 2%0# %0'(=%0# 2>9=B(-:%0<# 2>('')%-&*00(:%# 2,# =/55%=&*4<# 1(*0# (,00*# 2%# '()&(:%#

2>*-4/)1(&*/-0<# 2%# 4/)1(&*/-<# ./*)%# 1?1%# 2>*--/.(&*/-L# A%0# *-2*.*2,0# 0/-&# 3#&)(-04/)190#8# %-# 2%#

)9%50# *-.%0&*00%,)0# %&# 29.%5/''%,)0# &%))*&/)*(,V<# %-# (*2(-&# %&# %-# (==/1'(:-(-&# %-# ')*/)*&9# 2%0#

'/)&%,)0# 2%# ')/X%&# +,*# -%# '%,.%-&# (==92%)# (,V# =*)=,*&0# 4*-(-=*%)0# &)(2*&*/--%50# IE(-+,%0<# =('*&(5#

4(1*5*(5K#'/,)#291())%)# 5%,)#(=&*.*&9L#A%0#$UZ;AWQ<#'()# 5%,)#/EX%&<#'%)1%&&%-&#2>*-*&*%)#/,#2%#4/)1%)#

2%0#*-2*.*2,0#T#5(#.*%#9=/-/1*+,%#%&#4*-(-=*N)%<#1(*0#(,00*#2%#5%,)#/,.)*)#,-#=B(1'#2%0#'/00*E5%0<#'()#

5(#&)(-01*00*/-#2%0#0(./*)0#%&#5>/,.%)&,)%#0,)#2%#1,5&*'5%0#)90%(,V#2>*-*&*(&*.%0#=/55%=&*.%0L##

# A%0# $UZ;AWQ# 0/-&# (,00*# 2%0# %0'(=%0# /l# 5>/-# ')%-2# =/-0=*%-=%# 2%# 0(# =('(=*&9# 2>(:*)# 0,)#

5>%-.*)/--%1%-&# +,*# -/,0# %-&/,)%L# A%0# =*:(5*%)0<# '()# 5(# ')*0%# %-# =/1'&%# 2,# &%))*&/*)%# %&# 2%#

5>*1'/)&(-=%#2%#'()&*=*'%)#T#0/-#29.%5/''%1%-&<#2%.*%--%-&#2%0#(=&%,)0#&%))*&/)*(,V#T#'()&#%-&*N)%L#

A%0# *-2*.*2,0# '%,.%-&# %V')*1%)# '5%*-%1%-&# 5%,)# =*&/7%--%&9# %-# ->9&(-&# '(0# 0%,5%1%-&#

=/-0/11(&%,)0<#1(*0#(,00*#(=&%,)0#2%#5(#.*%#9=/-/1*+,%#%&#0/=*(5%#2%0#&%))*&/*)%0L#$>%0&#,-#1/7%-#

2>(=&*/-#=/-=)%&<#(-=)9#2(-0#5%#5/=(5#%&#0,)#5%#&%))(*-L#

# F/,)# =%0# )(*0/-0# 5%0# $UZ;AWQ# 0/-&# 2%0# %0'(=%0# 2>91(-=*'(&*/-# =/55%=&*.%# %-# 2/--(-&# (,V#

*-2*.*2,0#'5,0#2%#'/,./*)#2>(:*)#%&#%-#4(./)*0(-&#5%,)#*1'5*=(&*/-#5/=(5%L#n*%-#%-&%-2,<#0%5/-#+,%#5>/-#

%0&#29XT#&)N0#*-.%0&*#/,#&)N0#'%,<#5>*1'(=&#-%#0%)(#'(0#5%#1?1%L##

# Q*# 5%0# $UZ;AWQ# '()&*=*'%-&# T# (==)/M&)%# 5%# '/&%-&*%5# 2>(=&*/-# 2%0# *-2*.*2,0<# 5%,)0# *1'(=&0#

&%))*&/)*(,V#4/-&#(,00*#'()&*%#2%0#2*1%-0*/-0#T#1%&&)%#%-#.(5%,)L##

#

! !JS#

OL#U1'(=&0#&%))*&/)*(,V#2%0#$UZ;AWQ#%-#;,.%):-%#

3#!"# &'/*-8A%($,'(# ).# -W1%# )%# 1"# 5,("(&%# $'1,)",-%# ".# $%,(# )%$# +%--,+',-%$# (8&%$$,+%# )%# -%*1"&%-# 1%$#

1,%($# 5,("(&,%-$# )"($# .(# &'(+%3+%# )%# /.+"+,'($# $'&,'?8&'('/,=.%$7# '<# 1%$# ,(80"1,+8$# $'&,"1%$# %+#

+%--,+'-,"1%$# $%# $'(+# "&&-.%$;# !48/%-0%(&%# %+# 1%$# *-"+,=.%$# )%$# '-0"(,$/%$# )%# 1"# 5,("(&%# $'1,)",-%#

/'(+-%(+#=.%# &%11%$?&,#(%# $'(+#*"$#.(%# -8"1,+8#A'/'02(%#%+#.(,5'-/%#/",$#=.4%11%$# $'(+# 1%# -8$.1+"+#

)4.(%#&'($+-.&+,'(#*"-+"08%#*"-#1%$#"&+%.-$#8]"#

# A%0#$UZ;AWQ#0%#29.%5/''%-&#0,)#5%#&%))*&/*)%#(,.%):-(&<#(,00*#E*%-#%-#1*5*%,#),)(5#+,>,)E(*-<#

2%',*0# OP!P# %&# =/1'&%# (,X/,)2>B,*# !C# =5,E0L# $%&&%# *-*&*(&*.%# 0,''/0%# ,-# 5*%-# 4/)&# (,# &%))*&/*)%<#

',*0+,>%55%#0>(5*1%-&%#2%# 5(#')/V*1*&9<#=>%0&#2>(*55%,)0# 5(#=/-=5,0*/-#2%# 5>9&,2%#3#^%--,+'-,"1,$"+,'(#%+#

)>("/,=.%$#+%--,+'-,"1%$#)%$#5'-/%$#/')%-(%$#)%#5,("(&%$#$'1,)",-%$#8#1%-9%#'()#5>9+,*'%#zUhkQkA#

IOPP]K<# +,*# '5(=%# 5%0# $UZ;AWQ# 2(-0# 5%# 1/2N5%# 3#n/&&/1# ,'#8<# 0>('',7(-&# 0,)# 5%0# )%00/,)=%0#

&%))*&/)*(5%0#@##

3#G%,V#1/2N5%0#2*449)%-&0#2>91%):%-=%#%&#2%#29.%5/''%1%-&#2%0#/):(-*0(&*/-0#=/%V*0&%-&#@#5>,-#-(*&#

2%# 5>%00(*1(:%# 2>,-# =/-=%'&# 2%# 4*-(-=%1%-&<# 2>(E/)2# 2,# =%-&)%# .%)0# 5(# '9)*'B9)*%<# %-# *))*:,(-&#

5>%-0%1E5%# 2,# &%))*&/*)%# I1/2N5%# 2%# &7'%# 3# \/'62/w-# 8K# �# 5>(,&)%# 91(-%# 2>*-*&*(&*.%0# 5/=(5%0# 2%#

=*&/7%-0#=/-.(*-=,0#+,>*5#4(,&#(:*)#3#*=*#%&#1(*-&%-(-&#8#%&#0%#0&),=&,)%#.%)0#5%#B(,&#I1/2N5%#2%#&7'%#3#

E/&&/16,'# 8K<# *5# 7# (# 2>,-%# '()&<# 2%0# 0&),=&,)%0# -(&*/-(5%0# +,*# *))*:,%-&# 5%# &%))*&/*)%# I;GUW<# z/-20#

&%))*&/)*(,V#z)(-=%#;=&*.%<#n)%&(:-%#$('*&(5#Q/5*2(*)%#%&#FjWQkAK<#2>(,&)%#'()&#2%0#0&),=&,)%0#I$UZ;AWQ#

%&#YWzK#+,*#91%):%-&#3#%-#4/-=&*/-#2%0#)%00/,)=%0#&%))*&/)*(5%0#8#IzUhkQkA<#OPP]<#'#!]PKL!$%#)(''/)&#

2*449)%-&# (,# &%))*&/*)%<# 0/*&# =/11%#3# )9=%'&(=5%#8# 2(-0# 5%# ')%1*%)# =(0<# 0/*&# =/11%#3# *-0'*)(&*/-# 8#

2(-0#5%#0%=/-2#=(0<#&)(-0'()(*&#2(-0#5(#)%5(&*/-#2%#0%).*=%#2%0#0&),=&,)%0L#W-#%44%&<#5%0#0&),=&,)%0#+,*#

*))*:,%-&# 5%# &%))*&/*)%# 1/E*5*0%-&# ')*/)*&(*)%1%-&# 5(# ')/V*1*&9# :9/:)('B*+,%<# +,*# 2(-0# =%)&(*-0# =(0#

(44(*E5*&# 5(# =/')/2,=&*/-# 2%# 5(# )%5(&*/-# 2%# 0%).*=%L# ;# 5>*-.%)0%<# 5%0# 0&),=&,)%0# +,*# 0>*-0'*)%-&# 2,#

&%))*&/*)%# 1/E*5*0%-&# =/-X/*-&%1%-&# 5%0# ')/V*1*&90# /):(-*0(&*/--%55%<# *-0&*&,&*/--%55%# %&# 0/=*(5%<#

)(44%)1*00(-&# 5(# =/')/2,=&*/-# 2%# 5>/44)%# 2%# 4*-(-=%1%-&L# ;*-0*# 5(# =/1E*-(*0/-# 2%# 1(&)*=%0#

/):(-*0(&*/--%55%0# %&# 2%# 1(&)*=%0# &%))*&/)*(5%0# (E/,&*&6%55%# T# 2%0# =/-4*:,)(&*/-0# &%))*&/)*(5%0#

/)*:*-(5%0#8#]C#

#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!]"#;j\UQ#;195*%<#3#n,("(&%#$'1,)",-%#%+#-80.1"+,'(#+%--,+'-,"1%#8<#j90%(,#*-&%)6,-*.%)0*&(*)%#2%#5>9=/-/1*%#0/=*(5%#%&# 0/5*2(*)%<# OPPS<# 'L!<# I2/=,1%-&# %-# 5*:-%<# =/-0,5&9# 5%# OP!C6Pe6"PK<# B&&'@ggB(5L()=B*.%06/,.%)&%0L4)g2/=0gPPg"OgODg]JgFGzg;1%5*%x;)&*0L'24#]C#UE*2#

! !Je#

Y/&)%# B7'/&BN0%<# %0&# +,%# =%#1/,.%1%-&<# %-#1/E*5*0(-&# 2%0# )%00/,)=%0# -/-# .(5/)*09%0#@# 5>9'():-%#

=*&/7%--%<# %-#'()&*=*'(-&# B,1(*-%1%-&# %&# 4*-(-=*N)%1%-&# (,# 4*-(-=%1%-&# 2%#')/X%&0# 5/=(,V# %&# %-#

(-*1(-&#5%#&%))*&/*)%#%-#'()&*=*'(-&#T#I5(#=)9(&*/-K#2%#)90%(,V#%&#2>%0'(=%0#2%#)%-=/-&)%<#'()&*=*'%#T#

,-# 29.%5/''%1%-&# &%))*&/)*(5# 2,)(E5%# %-# ;,.%):-%L# G(-0# =%# =/-&%V&%<# *5# -/,0# '()(M&# *-&9)%00(-&#

2>(-(570%)#3#1"#5,("(&%#$'1,)",-%#&'//%#.(#5"&+%.-#*%-+,(%(+#)"($#1%#*-'&%$$.$#)4%()'08(8,$"+,'(#).#

+%--,+',-%7#)4"(&-"0%#%+#)%#9,"6,1,+8#)%#&%1.,?&,#8]DL#

A%0#$UZ;AWQ#9&(-&#5(#)90,5&(-&%#T#5(#4/*0#2>,-%#')/V*1*&9#:9/:)('B*+,%#%&#2>,-%#')/V*1*&9#/):(-*09%<#

0/,)=%0# T# ')*/)*# 2%# 29.%5/''%1%-&# 5/=(5# 3# N1"P# )>("/,=.%# )4,(+%-"&+,'($7# 5'()8%# $.-# 1"# *-'3,/,+8#

08'0-"*A,=.%7# )%9,%(+# $'.-&%# %()'02(%#)4.(%#)>("/,=.%# 1'&"1%# )%# &-',$$"(&%# # NF;^'--%7# diieP#8]J<#

0,''/0%-&#+,%#-/,0#-/,0#*-&9)%00*/-0#(,V#%44%&0#2*)%=&0#%&#*-2,*&0#+,%#=%5(#')/2,*&#0,)#5%0#&%))*&/*)%0<#

4(*0(-&#2%0#$UZ;AWQ<#,-%#0&),=&,)%#2%#4*-(-=%#0/5*2(*)%#&%))*&/)*(5*09%L##

OL!L#Q/,&*%-#T#5(#=)9(&*/-#2>(=&*.*&90#9=/-/1*+,%0#(-=)9%0#&%))*&/)*(5%1%-&#

# A%0# $UZ;AWQ# 4/-&# '()&*%# 2%# =%# +,>/-# (''%55%# 5(# 3#4*-(-=%# 0/5*2(*)%#8<# 294*-*# 0%5/-# F(0=(5#

Z591(*-#=/11%#@#.(#&'(+,(../#)4"&+,9,+8$#%+#)%#&'($%,1$#$.-#.(#+%--,+',-%#)'((8#*'.-#)%$#*'-+%.-$#)%#

*-'B%+# ,$$.$#)%$#*'*.1"+,'($#)%# 5-"0,1%$#$'&,".3#8&'('/,=.%/%(+#"&+,5$7#&AW/%.-$#%(+-%*-%(%.-,".3#

'.#&AW/%.-$#&'(+-",(+$7#%(#*"$$"(+#*"-#1"#&'11%&+%#)%$#8*"-0(%$#$'1,)",-%$#'.#1"#-8"11'&"+,'(#)%#5'()$#

*.61,&$# *'.-# &'.9-,-# 1"# *A"$%# )%# 5,("(&%/%(+# ).# &"*,+"1# )%# )8*"-+# )4.(%# +-2$# *%+,+%# '.# *%+,+%#

%(+-%*-,$%#'.#6,%(7#*"-# 1"#*"-+,&,*"+,'(#".# 5,("(&%/%(+#).# -%$+%?:?9,9-%#*'.-#)%$#*%-$'((%$#%3&1.%$#

*1.$#'.#/',($#+%/*'-",-%/%(+#)%$#$>$+2/%$#)%#5,("(&%/%(+#$+"()"-)$#J;#

A%0# $UZ;AWQ# 0/-&# 2%0# =5,E0# 2%# =('*&(56)*0+,%# 0/5*2(*)%<# 2%# ')/V*1*&9<# 1/E*5*0(-&# 5m9'():-%# 2%# 0%0#

1%1E)%0#(,#0%).*=%#2%#5(#=)9(&*/-#%&#2,#29.%5/''%1%-&#2>(=&*.*&90#1(*0#'/,.(-&#(,00*#?&)%#,-#5%.*%)#

9=/-/1*+,%#4(./)*0(-&#5>(==N0#T#2%0#')?&0#E(-=(*)%0#=5(00*+,%L#A%#=5,E#0>%-:(:%#2(-0#2%0#%-&)%')*0%0#

%-#'()&*=*'(-&#(,#=('*&(5#'%-2(-&#D#(-0L# U5#-%#0>(:*&#'(0#2%#->*1'/)&%#+,%55%#%-&)%')*0%<# 5%0#$UZ;AWQ#

*-.%0&*00%-&#:9-9)(5%1%-&#2(-0#2%0#'%&*&%0#/,#&)N0#'%&*&%0#%-&)%')*0%0<#/,#1?1%#2(-0#2%0#0&),=&,)%0#

(00/=*(&*.%0<#*5#0>(:*&#:9-9)(5%1%-&#2%#'/)&%,)0#2%#')/X%&#3#4)(:*5%0#8#9=/-/1*+,%1%-&<#'()4/*0#%V=5,0#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

KM!;j\UQ#;195*%<#3#!"#@#5,("(&%#$'1,)",-%#+%--,+'-,"1,$8%#J#V#.(%#-8*'($%#)%#*-'3,/,+8#%(#5"9%.-#)%#1"#&'($+-.&+,'(#

)4.(# +%--,+',-%# )%# -858-%(&%#)"($#.(#*-'&%$$.$#)%#/'(),"1,$"+,'(#8<#$(B*%)0#2,#$WjWY#!eIOPP]K#'(:%0#OP6CP<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6"PK<#B&&'@ggE(0%L0/=*/%=/L/):g2/=0g(x()&*0L'24!K"!JNOIPHQ!R3*<35S!$!!%$# 5,("(&%$#$'1,)",-%$# V#.(%#/8),"+,'(#$'&,"1%#&'//%#*-'B%+#)%#+%--,+',-%#*'.-#c"(+%$#

H'1,)",-%#8<#$/55/+,%#\%))*&/*)%0<#(=&*/-#0/=*(5%#%&#%1'5/*<#OPPJ<#'LJ<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6"PK<#B&&'@ggwwwL'&/5%1%%L=/1g=%%g$/-&)*E,&*/-0g$khxZ5%1(*-L'24##

#

! !]P#

2%0#070&N1%0#E(-=(*)%0#=5(00*+,%0<#-%#2*0'/0(-&#'(0#2(-0#5(#1(X/)*&9#2%0#=(0#2,#=('*&(5#-9=%00(*)%#T#

5(# =)9(&*/-# 2>,-%# %-&)%')*0%L# A%0# $UZ;AWQ# # *-.%0&*00%-&# 5%,)0# )%00/,)=%0# I9=/-/1*+,%0<# B,1(*-%0K#

2(-0#2%0#,-*&90#2%#')/2,=&*/-# 5/=(5%0<#+,*# )%0'%=&%-&# 5(#=B()&%#%&# 5%0#=)*&N)%0#2>95*:*E*5*&9#2%0#=5,E0#

I')/X%&0# (''/)&(-&# ,-%# '5,06.(5,%# 9=/-/1*+,%# 1(*0# (,00*# 0/*&# 0/=*(5%<# %-.*)/--%1%-&(5%# /,#

=,5&,)%55%#(,#&%))*&/*)%#2>*1'5(-&(&*/-KL#

A%0# $UZ;AWQ# %-# 0>('',7(-&# 0,)# 5(# ')/V*1*&9<# 1/E*5*0%-&# 2%0# )%00/,)=%0# 5/=(5%0# -/-# .(5/)*09%0<#

=%)&(*-%0# (''()&%-(-&# T# 5(# 0'BN)%# 1()=B(-2%# I=/55%=&%# 2>9'():-%# =*&/7%--%K<# T# 5(# 0'BN)%#

'B*5(-&B)/'*+,%# IE9-9./5(&K# %&# T# 5(# 0'BN)%# =//'9)(&*.%# I(==/1'(:-%1%-&# 2%0# '/)&%,)0# 2%# ')/X%&K#

I;)&*0<#OPPSKL#A%0#$UZ;AWQ#'%)1%&&%-&#(5/)0#2%#)9'/-2)%#T#2%0#E%0/*-0#9=/-/1*+,%0#%&#0/=*(,V#0,)#5%#

&%))*&/*)%# %-# 1/E*5*0(-&# ,-%# 9'():-%# 2%# ')/V*1*&9<# %-# 1%&&(-&# %-# '5(=%# 2%# =*)=,*&0# =/,)&0# %-&)%#

9'():-(-&0#%&#%1'),-&%,)0<##/,#%-#(==/1'(:-%1%-&#2%0#'/)&%,)0#2%#')/X%&0#+,*#/-&#%-#E%0/*-L#

W-#;,.%):-%<# 5(#')90%-=%#2%#$UZ;AWQ#0,)# 5%# &%))*&/*)%<#(#'()&*=*'9#T# 5(#=)9(&*/-#2>(=&*.*&90# I=)9(&*/-#

2>%1'5/*#'()# 5%0#$UZ;AWQ<#1(*0#(,00*#'()# 5%0#'/)&%,)0#2%#')/X%&0#%,V61?1%0K<#-/&(11%-&#2(-0#2%0#

&%))*&/*)%0# 4)(:*5%0# I),)(5# %&# ),)(5# *0/59KL# $%)&(*-0# ')/X%&0# /-&# 9&9# (==/1'(:-90# (.(-&# 5(# =)9(&*/-#2%#

5>(00/=*(&*/-#)9:*/-(5%#2%0#$UZ;AWQ#2>;,.%):-%L#Q*#T#5>B%,)%#(=&,%55%#*5#7#(#!]#')/X%&0#0/,&%-,0<#*5#4(,&#

0%#)(''%5%)#+,%#5%#1/,.%1%-&#)9:*/-(5#)%0&%#%-=/)%#X%,-%#IOP!PK#%&#+,>*5#4(,&#2,#&%1'0#'/,)#2>,-%#

'()&# (==,1,5%)# 2%# 5>9'():-%<# 1(*0# (,00*# (=+,9)*)# ,-%# 1%*55%,)%# .*0*E*5*&9# 2(-0# 5%0# )90%(,V# 2%0#

(==/1'(:-(&%,)0#T#5(#=)9(&*/-#2>%-&)%')*0%L##

(L#A%0#')/X%&0#=*:(5*%)0#=*:(590#

Q>*-&9)%00%)#(,# &7'%#2%#')/X%&0# 0/,&%-,0#'()# 5%0#$UZ;AWQ#'/,))(*&#?&)%# 5>/EX%&#2>,-# &)(.(*5#%-# 0/*L# U5#

=/-.*%-&#*=*#2>(./*)#,-#)%:()2#07-&B9&*+,%#2%0#')/X%&0#0/,&%-,0#'()#5%0#$UZ;AWQ#%-#;,.%):-%<#(4*-#2%#

1*%,V#=/1')%-2)%#%-#+,/*#*50#'()&*=*'%-&#T#,-#29.%5/''%1%-&#&%))*&/)*(5#2,)(E5%L###

A%0# ')/X%&0# =*:(5*%)0# 0/-&# 2(-0# 5(# 1(X/)*&9# 2%0# =(0# 2%0# '%&*&%0# %-&)%')*0%0# /,# 2%0# &)N0# '%&*&%0#

%-&)%')*0%0# I\FWK<# *50# '/,))(*%-&# =/))%0'/-2)%# T# 5(# 294*-*&*/-# 2%0# \FW# *-.%-&*.%0# 29.%5/''9%# '()#

h()*%6;--%# A%-(*-#@# 5%0# ')/X%&0# (==/1'(:-90# '()# 5%0# $UZ;AWQ# 0/-&# 2(.(-&(:%# 2(-0# ,-%# 5/:*+,%#

2>(,&/6%1'5/*<# +,%# 2(-0# ,-%# 5/:*+,%# 2%# 1()=B9# %&# 2%# 29.%5/''%1%-&# 2%# 5>%-&)%')*0%# I1*=)/6

E)(00%)*%K<# 5%# &7'%# 2>(=&*.*&9# %0&# 0/,.%-&# '5,0# *-.%-&*4<# *--/.(-&# +,%# &)(2*&*/--%5# I$/1E)(*55%0#

G,)(E5%0K<#5%0#(=&*.*&90#'%,.%-&#?&)%#2*.%)0*4*9%0#I9'*=%)*%#5(#Q$kF;K<#5%#')/X%&<#=/11%#5%#'/)&%,)#2%#

')/X%&# 0/-&# (-=)90# &%))*&/)*(5%1%-&# IA%-(*-<# OP!!KL# $%0# =()(=&9)*0&*+,%0# 0/-&# 2%0# (&/,&0# -/-#

-9:5*:%(E5%0#'/,)#5%0#&%))*&/*)%0<#%-=/)%#'5,0#'/,)#5%0#&%))*&/*)%0#),)(,V#*0/590#IF%=+,%,)#OPPPKL#

F/,)# 5%0# =*:(5*%)0<# 5(# .(5%,)# &%))*&/)*(5%#2,#')/X%&# 0/,&%-,#%0&#')*1/)2*(5%<# 5/)0+,>*50# 0/-&# *-&%))/:90#

0,)#5%0#=)*&N)%0#+,*#')*1%-&#2(-0#5%#=B/*V#2>,-#')/X%&<#-/,0#)%&)/,./-0#&/,X/,)0#,-%#)949)%-=%#T#,-%#

! !]!#

2%#=%0#=()(=&9)*0&*+,%0#@#')/V*1*&9#:9/:)('B*+,%<#=)9(&*/-#2%#5*%-#0/=*(5<#)%0'%=&#2%#5>%-.*)/--%1%-&<#

.(5/)*0(&*/-#2%#)%00/,)=%0#5/=(5%0<#=)9(&*/-#2>%1'5/*<#2*1%-0*/-#=,5&,)%55%#%&=L#

@#a%# 9%.3#*"$# =.%# &%# $',+# .(#*-'B%+# '<# 1%# 6.+# )%# 14%(+-%*-%(%.-# &%# $',+# 9-",/%(+# )%# $4%(-,&A,-# $"($# 5'-&8/%(+#

"**'-+%-#)%#*1.$?9"1.%#".#+%--,+',-%7#/',#B%#$.,$#*1.$#*'.-#"**.>%-#)%$#*-'B%+$#=.,#&-8%(+#).#1,%(#$'&,"1#J#N*;dr#K#

%(+-%+,%(#dP#

@##NOP#\%(#=.4'(#$%#-%+-'.9%#$.-#)%$#9"1%.-$7#'(#%(#"#)8B:#.(#*%.#*"-18#%(+-%#('.$#".#+'.+#)86.+7#$'&,"1#%+#*.,$#

)%$#9"1%.-$#%(9,-'((%/%(+"1%$#".$$,# B%#*%($%#*'.-#6%".&'.*#)%#*%-$'((%$#&4%$+# ,/*'-+"(+7#)'(&#.(%#"&+,&,+8#

('(#*'11."(+%7#*1.+W+#=.,#$',+#)"($#142-%#).#+%/*$#".#(,9%".#)%$#)>("/,=.%$#%(9,-'((%/%(+"1%$7#9',1:#=.',7#*"$#

.(#+-.&#=.,#9"#&'(5%&+,'((%-#)%$#*'.*8%$#"9%&#)%$#&A,(',$#)"($#1"#&"9%#%+#+'.+#I"#=.',;#\'(#&4%$+#*%.+?M+-%#.(#

*%.#6"+%".#&%#=.4'(#),+# 1:#*"-&%#=.%# B%#*%($%#=.%# +'.+%$# 1%$#CDEF!GH#$'(+#)"($#&%++%#)8/"-&A%# 1:#%(#/M/%#

+%/*$;#H'&,"1#%+#%(9,-'((%/%(+"17#%(#+'.+#&"$#%(9,-'((%/%(+"1#B4",#14,/*-%$$,'(#=.%#I"#$%($,6,1,$",+#*"$#/"1#)%#

*%-$'((%#/,(%#)%#-,%(7#&%#(4%$+#*"$#.(%#'61,0"+,'(#/",$#14.(#'.#14".+-%7#&4%$+#.(#&-,+2-%#8#I'L!O#o#%-&)%&*%-#OK#

@#NOP+'.+#&%#=.,#9"#)"($#&%++%#,)8%#)%#$'1,)"-,+87#&%#=.,#9"#M+-%#*'-+%.-#)%#9,%#1'&"1%7#)%#-%(&'(+-%$#1'&"1%$#J#I'L]#o#%-&)%&*%-#SK#

`# 5(#2*449)%-=%#2%0# 4*-(-=%,)0# &)(2*&*/--%50# IE(-+,%0K<# 5%0#=*:(5*%)0#(''/)&%-&#(,00*#2%# 5>*1'/)&(-=%#(,#'/)&%,)#2%#')/X%&#%-#5,*61?1%<#T#5(#'%)0/--%<#T#0/-#'()=/,)0#%&#0(#1/&*.(&*/-L#

#A(#294*-*&*/-#2%#5>(-=)(:%#&%))*&/)*(5#2%0#(=&*.*&90#9=/-/1*+,%0#=/11%#,-#')/=%00,0#2%#z)(700*:-%0#

IOPPDK#)%-2#=/1'&%#3#)4.(%#*"-+#)%# 1"#*-'B%&+,'(#$.-#.(#%$*"&%#)%$# 1'0,=.%$#*-').&+,9%$#%+#)%# 1%.-#

*"-+,&,*"+,'(#:# 1"#&'($+-.&+,'(#+%--,+'-,"1%7#%+#)4".+-%#*"-+#)%# 14,/*-80("+,'(#)%#&%$#/M/%$# 1'0,=.%$#

*"-#1%$#&"-"&+8-,$+,=.%$#).#+%--,+',-%#N8&'('/,=.%$7#*'1,+,=.%$7#,)%(+,+",-%$OP#=.4%11%$#'(+#&'(+-,6.8#:#

&'($+-.,-%# 8# I'L# eJKL# # U5# ')/'/0%#,-%# :)*55%# 2%# 5%=&,)%#2%# =%&# (-=)(:%# T# &)(.%)0# &)/*0# (0'%=&0# 5*90# (,#

29.%5/''%1%-&#&%))*&/)*(5#@##

6 2,# '/*-&# 2%# .,%# 9=/-/1*+,%<# 5>(-=)(:%# &%))*&/)*(5# '%,&# 0%#1%0,)%)# '()# 5(# 1/E*5*0(&*/-# 2%#

)%00/,)=%0#5/=(5%0#&(-&#1(&9)*%55%0#+,>*11(&9)*%55%0#

6 2,# '/*-&# 2%# .,%# '/5*&*+,%<# 5(# )%5(&*/-# (,V# (=&%,)0# 2,# &%))*&/*)%# T# 5(# 4/*0# '/5*&*+,%0# I95,0#

5/=(,VK<# 0/=*(,V# I(:%-&0# 2%# 29.%5/''%1%-&<# /):(-*01%0# ')/4%00*/--%50<# 2%# 4/)1(&*/-K# %&#

9=/-/1*+,%0#2>(,&)%0#0%=&%,)0#2>(=&*.*&9#�#

6 2,#'/*-&#2%# .,%# *2%-&*&(*)%#'()# 5>*-=/)'/)(&*/-#2>(19-*&90<# 5(# .(5/)*0(&*/-#2%# =()(=&N)%0#2,#

&%))*&/*)%#�]]#

`#'()&*)#2%#=%&&%#1/295*0(&*/-<#*5#-/,0#%0&#'/00*E5%#2>(44*)1%)#+,%#5%0#$UZ;AWQ<#'()#5%,)#')90%-=%#0,)#

5%#&%))*&/*)%#4(./)*0%#,-#27-(1*01%#9=/-/1*+,%<#0/=*(5<#=,5&,)%5<#%-.*)/--%1%-&(5<#%-#0/,&%-(-&#2%0#

')/X%&0#T#4/)&%#.(5%,)#(X/,&9%#'/,)#5%0#&%))*&/*)%0#2(-0#5%0+,%50#*50#0>*-0=)*.%-&L#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!]]#UE*2#

! !]O#

A%0#$UZ;AWQ#0/-&#2%0# 5%.*%)0#2%# 5>9=/-/1*%#0/5*2(*)%<#'%)1%&&(-&#,-#(==)/*00%1%-&#2%0#)%.%-,0#2,#

&%))*&/*)%# I(,:1%-&(&*/-# 2%0# &(V%0# ')/4%00*/--%55%0<# )92,=&*/-# 2,# -*.%(,# 2%0# )%.%-,0# 2>(00*0&(-=%<#

=)9(&*/-# (=&*.*&90# 5/=(5%0# %&=LKK# I;)&*0# OPPSK<# 1(*0# 5%,)# '()&*=*'(&*/-# (,# 29.%5/''%1%-&# 5/=(5# -%#

0>())?&%# '(0# 5T<# 5%0# $UZ;AWQ# '()&*=*'%-&# (,00*# T# 5(# 0&),=&,)(&*/-# 2%0# &%))*&/*)%0<# %-# 29.%5/''(-&# 2%#

-/,.%(,V#)90%(,VL#

OL"L#A*%-0<#)90%(,V#%&#=//)2*-(&*/-#&%))*&/)*(5%#

# $/11%#-/,0#5>(./-0#.,#')9=92%11%-&<#5%0#$UZ;AWQ#4(./)*0%-&#5(#=)9(&*/-#2%#5*%-#0/=*(,V#%&#

2%#)90%(,V#%-&)%#=*:(5*%)0L#h(*0#(,00*#%-&)%#=*:(5*%)0#%&#'/)&%,)0#2%#')/X%&0<#',*0+,%#5>(*2%#->%0&#'(0#

,-*+,%1%-&#4*-(-=*N)%<#=%5(#'(00%#(,00*#'()#,-#'()&(:%#2%#=/--(*00(-=%0#%&#,-#(==/1'(:-%1%-&#0,)#

5(#2,)9%#I*5#->%0&#'(0#)()%#+,%#5%#5*%-#0,E0*0&%#(')N0#5%#)%1E/,)0%1%-&#2%#5(#'()&#0/=*(5%<#2,#4(*&#2%#5(#

')/V*1*&9#:9/:)('B*+,%#%&#0/=*(5%#%-&)%#5%0#=*:(5*%)#%&#5%#')/X%&g'/)&%,)#2%#')/X%&KL#A(#')%0&(&*/-#2%#

0%).*=%# 0>('',*%# 0,)# ,-# (==/1'(:-%1%-&# 0/=*/64*-(-=*%)# +,*# '%)1%&# 2%# .(5*2%)<# /,# 2%# =)9%)<# ,-%#

)%5(&*/-# 2%# =/-4*(-=%# IQWjvW\<# !eeD<# OPPJ<# v;AA;\<# OPP!K# 3#&%+# "&&'/*"0(%/%(+# $'&,'?5,("(&,%-#

,($2-%#14'-0"(,$/%#)%#5,("(&%#$'1,)",-%#%+#1%#*'-+%.-#)%#*-'B%+#)"($#.(%#-%1"+,'(#)%#*-'3,/,+8#NOP#C%++%#

*-'3,/,+8# 8+"(+# /.1+,5'-/%# N08'0-"*A,=.%7# '-0"(,$"+,'((%11%7# ,($+,+.+,'((%11%7# &'0(,+,9%# %+#

$'&,"1%P# #8]SL# A(# )9'()&*&*/-#2%# =5,E0# 0,)# 5%# &%))*&/*)%#%&# 5(#295*1*&(&*/-#:9/:)('B*+,%#2>,-# &%))*&/*)%#

2>(=&*/-# '/,)# =B(+,%# $UZ;AWQ<# '%)1%&# 2>(==)/M&)%# =%0# ')/V*1*&90# %&# 2%# =)9%)# 2%0# 5*%-0#

*-&%)'%)0/--%50#%-&)%#5%#=5,E#%&#5%#'/)&%,)#2%#')/X%&L#

h(*0# 5%0# $UZ;AWQ<# '()&*=*'%-&# 9:(5%1%-&# T# =)9%)# 2>(,&)%0# )90%(,V# '()&%-()*(,V<# '5,0# /,# 1/*-0#

4/)1(5*090<# T# ,-%# 9=B%55%# 5/=(5%# '()# 5%# E*(*0# 2%0# =5,E0# +,*# (00,)%-&# ,-# 1(*55(:%# 2,# &%))*&/*)%# %&# T#

5>9=B%55%#)9:*/-(5%#'()#5>(=&*/-#2%#5>(00/=*(&*/-#)9:*/-(5%#2%0#$UZ;AWQ#2>;,.%):-%#@#

6 %-&)%#(=&%,)0#2%#5(#4*-(-=%#0/5*2(*)%#�#

6 %-&)%#5%0#$UZ;AWQ#%&#5%0#/):(-*01%0#E(-=(*)%0#�#

6 %-&)%#5%0#%&#$UZ;AWQ#%&#5%0#=/55%=&*.*&90#&%))*&/)*(5%0#

;,#-*.%(,#)9:*/-(5#5>(00/=*(&*/-#)9:*/-(5%#2%0#$UZ;AWQ#2>;,.%):-%#=/55(E/)%#(.%=#2>(,&)%0#(=&%,)0#2,#

&%))*&/*)%<#=/11%#5%#)90%(,#2%0#3#4*-(-=%,)0#0/5*2(*)%0#8#I;,.%):-%#(=&*.%K<#5%#)90%(,#2%0#3#0&),=&,)%0#

(==/1'(:-(&)*=%0#8#In/,&*+,%#2%#:%0&*/-<#$jWz;G#;,.%):-%<#;jG\;K<#5%#)90%(,#2%0#3#4*-(-=%,)0#2%#

5(#0&),=&,)%#8#I5%0#E(-+,%0#=//'9)(&*.%0#@#YWz<#$)92*&#=//'9)(&*4<#'()4/*0#5%0#=/55%=&*.*&90#&%))*&/)*(5%0K<#

5%#)90%(,#2%#5>9=/-/1*%#0/=*(5%#%&#0/5*2(*)%#I$jWQQ<#$jWGUQK#@#3#C%$#-8$%".3#'(+#*1.$,%.-$#5'(&+,'($#V#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!]S#;j\UQ#;195*%<#3#n,("(&%#$'1,)",-%#%+#-80.1"+,'(#+%--,+'-,"1%#8<#j90%(,#*-&%),-*.%)0*&(*)%#2%#5>9=/-/1*%#0/=*(5%#%&# 0/5*2(*)%<# OPPS<# 'L!<# I2/=,1%-&# %-# 5*:-%<# =/-0,5&9# 5%# OP!C6Pe6"PK<# B&&'@ggB(5L()=B*.%06/,.%)&%0L4)g2/=0gPPg"OgODg]JgFGzg;1%5*%x;)&*0L'24#

! !]"#

&%1.,#)%#1"#-%*-8$%(+"+,'(7#&%1.,#)48&A"(0%$#)4,(5'-/"+,'(7#&%1.,#)%#1"#&''*8-"+,'(;#D1$#*"-+,&,*%(+#:#1"#

&-8"+,'(# %+# :# 1"# -8&.--%(&%# )%# -%1"+,'($# /"-&A"()%$# %+# ('(# /"-&A"()%$# %(+-%# 1%$# $+-.&+.-%$# %+#

98A,&.1%(+# .(%# -%1"+,'(# )%# &'(5,"(&%# ,($+,+.+,'((%11%#JpiL# A%# 1/,.%1%-&# )%')90%-&(-&# 5%0# $UZ;AWQ#

29.%5/''%-&#2%0#)90%(,V<#2%0#'()&%-()*(&0<#./*)%#'()4/*0#2%0#(=&*/-0#=/11,-%0#%&#'()&*=*'%#(*-0*#T#5(#

=//)2*-(&*/-#5/=(5%L##

;,#-*.%(,#5/=(5<#5%0#=5,E0#*-&%)(:*00%-&#(,00*#(.%=#2*449)%-&0#(=&%,)0#5/=(,VL#;4*-#2%#4(*)%#=/--(M&)%#5%#

=5,E# %&# (./*)# 2%# -/,.%(,V# =*:(5*%)0<# # 1(*0# (,00*# '/,)# ?&)%# *2%-&*4*90# '()# 2%0# 0&),=&,)%0# +,*#

(==/1'(:-%-&#2%0#'/)&%,)0#2%#')/X%&#I=/55%=&*.*&90#&%))*&/)*(5%0<#E(-+,%0K#%&#2%0#'/)&%,)0#2%#')/X%&0<#

*50#(195*/)%-&#5%,)#.*0*E*5*&9#(,#0%*-#2,#&%))*&/*)%#2>(=&*/-L##

@#a4",/%#6,%(#9',1:#1%#5",+#)4M+-%#,/*1,=.8%#)"($#1%#)89%1'**%/%(+#).#+%--,+',-%7#*"-&%#=.%#).#&'.*#%(#%$$">"(+#

)%#5",-%#&'(("g+-%#1"#CDEF!GH#%+#6%(#+4%$#"/%(8#+'.B'.-$#:#-%(&'(+-%-#)%$#0%($7#'(#"#8+8#:#1"#&'//.(".+8#)%#

&'//.(%#)%$#CA%,-%$#9',-#1%#&A"-08#)%#)89%1'**%/%(+#8&'('/,=.%#*'.-#1.,#%(#*"-1%-#.(#*%+,+#*%.7#B%#&-',$#=.%#

C1",-%# %+# C8)-,&# )%9",%(+# "11%-# 9',-# 1%$# 6"(=.%$;# G(# 08(8-"1# I"# ,(+%-*%11%# +'.B'.-$# .(# *%.# &"-# 1%$# 0%($# (%#

&'((",$$%(+#*"$#8#I'Le#o#%-&)%&*%-#!K#

A%# 1/,.%1%-&# )%0&%# %-=/)%# X%,-%<# 1(*0# -/,0# '/,./-0# '%-0%)# +,%# =%0# 2*449)%-&0# '()&%-()*(&0<#

4(./)*0(-&# 5%#'()&(:%#2>*-4/)1(&*/-<# 5>('')%-&*00(:%#%-&)%#'()&%-(*)%0<#29E/,=B%)/-&#0,)#2(.(-&(:%#

2%#=//'9)(&*/-#%&#2%#')/2,=&*/-#2>(=&*.*&90#%&#+,%#=%0#27-(1*+,%0#'()&*=*'%)/-&#(,#1(*55(:%#%&#T#5(#

=//)2*-(&*/-#&%))*&/)*(5%L#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!]e#UE*2#

! !]C#

# Y/,0# (./-0# ',# )%-2)%# =/1'&%# 2%# 5(# &%))*&/)*(5*&9# 2%0# $UZ;AWQ<# %-# %V'5*=*&(-&# 0%0# *1'(=&0#

&%))*&/)*(,VL# A%0# $UZ;AWQ# 1/E*5*0%-&# 2*449)%-&%0# 4/)1%0# 2%# )%00/,)=%0#@# 5>9'():-%# =*&/7%--%<# 5%0#

0(./*)64(*)%<# 5%0#=/1'9&%-=%0#%&# 5%# &%1'0#2%0#=*:(5*%)0<#(,#0%).*=%#2%# 5(#=)9(&*/-#2>(=&*.*&90#(-=)9%0#

&%))*&/)*(5%1%-&L# $>%0&# ,-# 5%.*%)# 9=/-/1*+,%<# 1(*0# (,00*# 0/=*(5<# =()# 5%0# $UZ;AWQ# *))*:,%-&# 5%0#

&%))*&/*)%0# '()# 5(# =)9(&*/-# 2%# 5*%-0# %&# )90%(,V# T# 2*449)%-&%0# 9=B%55%0# %&# %-&)%# 2*449)%-&0# (=&%,)0<#

'()&*=*'(-&#T# )%2%00*-%)# 5(#0&),=&,)(&*/-#2,#&%))*&/*)%L#A%0#$UZ;AWQ#0/-&#(-=)9%0#2(-0# 5%,)# &%))*&/*)%#

2>%V')%00*/-#%&<#'()&*=*'%-&#T#=%# &*&)%#T# 5(#=/-0&),=&*/-#2%#=%#+,%#j/:%)#n),-%&#290*:-%#'()#3#E(0%#

:9/:)('B*+,%#2%#5>%V*0&%-=%#0/=*(5%#8L#$/11%#5>(#29.%5/''9#F(0=(5#Z591(*-<# 5%0#$UZ;AWQ<#(,V#=H&90#

2%0#(,&)%0#/):(-*01%0#2%# 4*-(-=%# 0/5*2(*)%# 5/=(5%# =/-0&*&,%-&#,-#=('*&(5# 0/=*/6&%))*&/)*(5# Iz/-&(-#%&#

Å5%*-<#OPPCK#'/,)#&)/*0#)(*0/-0#@#

6 \/,&#2>(E/)2<#%55%0#4/)1%-&#,-#=(2)%#0/=*(5#2(-0#5%+,%5#5(#1/E*5*0(&*/-#2%0#)%00/,)=%0#%0&#/'9)9%#'()#

5%0#(=&%,)0#%,V61?1%0# @# 5%0#9'():-(-&0#0/5*2(*)%0#%-#&(-&#+,%#192*(&%,)0# I$*:(5%0<#$5%4%K#1/E*5*0%-&#

2%0#4/-20#')?&(E5%0#T#2%0&*-(&*/-#2%0#&)N0#'%&*&%0#%-&)%')*0%0I\FWK#�#5%0#*-&%)192*(*)%0#*-0&*&,&*/--%50#

2%0# 4*-(-=%0# 0/5*2(*)%0# 5/=(5%0# I$)92*&# h,-*=*'(5<# ;GUW<# YWz<# $)92*&# =//'9)(&*4<# $(*00%0# 2>9'():-%sK#

/44)%-&#'/,)#5%,)#'()&#(,V#9'():-(-&0#0/5*2(*)%0<#2%0#')/2,*&0#E(-=(*)%#%&#4*-(-=*%)#)9'/-2(-&#T#5%,)0#

(&&%-&%0#%-#&%)1%0#2%#'5(=%1%-&0#292*90<#0%#0,E0&*&,(-&#(*-0*#T#5>*-2,0&)*%#E(-=(*)%#0&(-2()2#./,9%#T#

2>(,&)%0#')9/==,'(&*/-0#2>/)2)%#',)%1%-&#9=/-/1*+,%L##

6 W-0,*&%<#%55%0#0/-&#5(#0=N-%#/l#0%#29)/,5%-&#5%0#(=&*/-0#0/=*/69=/-/1*+,%0#5/=(5%0#@#0/,&*%-#(,#E(00*-#

2>%1'5/*# 5/=(5# .*(# 5%0# 3# '%&*&0# 8# ')/X%&0# %-&)%')%-%,)*(,V# 2>,&*5*&9# =/11,-(,&(*)%<# 0/,&*%-# T# 5(#

'9)%--*&9#2%#5>(=&*.*&9#%-#1*5*%,#),)(5L##

6 W-4*-<# %55%0# (44*)1%-&# 5(# =('(=*&9#2%0# (=&%,)0# T# ()&*=,5%)#'/0*&*.%1%-&#-/-# 0%,5%1%-&# 5(# =/B90*/-<# 5(#

=//'9)(&*/-#1(*0#(,00*#5(#=/-=,))%-=%<#5%0#*-9:(5*&90#I5/:*+,%#-9:,%-&)/'*+,%KSP#

A%0# $UZ;AWQ# 4/-&# '()&*%# 2%# =%# +,%# F(0=(5# Z591(*-# (''%55%#@# 3#5(# 4*-(-=%# 0/5*2(*)%# 5%()-*-:#8<#

)90,5&(&# 2>,-%# =//'9)(&*/-# *-&%)(=&*.%# %-&)%# (=&%,)0# &)(2*&*/--%50# 2,# 4*-(-=%1%-&# 5/=(5# I5%0#

E(-+,%0#0/=*(5%0K#%&#5%0#(=&%,)0#4*-(-=*%)0#0/5*2(*)%0#=/11%#5%0#$UZ;AWQ<#'%)1%&&(-&#,-%#(5&9)*&9#

E(-=(*)%#')/'*=%#T#0/,&%-*)# 5%#4*-(-=%1%-&#2%#'%&*&%#/,#&)N0#'%&*&%0#%-&)%')*0%0<#2>(00/=*(&*/-0<#

2/-&# 5%0# '/)&%,)0# 2%# ')/X%&# /-&# '5,0# /,#1/*-0# (==N0# (,# 4*-(-=%1%-&# =5(00*+,%L# 3#A%0# 4*-(-=%0#

0/5*2(*)%0#=/-0&*&,%-&#2/-=#5>,-#2%0#5%.*%)0#=/-&%1'/)(*-0#2,#29.%5/''%1%-&#&%))*&/)*(5#2,)(E5%<#

'()=%# +,>%55%0# (*2%-&# T# >91%):%-=%# 2>,-# 3# 1*5*%,# *--/.(&%,)# 8# IFBL;72(5/&<# !eSDK# 0/*&# -/-#

0%,5%1%-&#2>,-#3#&%))*&/*)%#/l#%V*0&%#,-%#)9%55%# *-&%-0*&9#2>*-&%)(=&*/-#%&#2>('')%-&*00(:%#8#+,*#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

%L!JNOIPHQ!R3*<35S!$!!%$# 5,("(&%$#$'1,)",-%$# V#.(%#/8),"+,'(#$'&,"1%#&'//%#*-'B%+#)%#+%--,+',-%#*'.-#c"(+%$#

H'1,)",-%#8<#$/55/+,%#\%))*&/*)%0<#(=&*/-#0/=*(5%#%&#%1'5/*<#OPPJ<#'LS<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6"PK<#B&&'@ggwwwL'&/5%1%%L=/1g=%%g$/-&)*E,&*/-0g$khxZ5%1(*-L'24##

! !]D#

'/)&%#,-%#4/)=%#2>(,&/#=/-0&),=&*/-#%&##2>(,&/#(2('&(&*/-#2%0#0*&%0#/,#5*%,V#(,V#=/-2*&*/-0#0/=*/6

9=/-/1*+,%0#5/=(5%0#�#1(*0#(,00*<#2>,-#%0'(=%#',E5*=#2%#=*&/7%--%&9#8S!#

#

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!S!#UE*2#

!"#$%&'("#)*+#+,-!"##

#

##3#n"&%#:#1"#/'(),"1,$"+,'(7#1"#5,("(&%#$'1,)",-%#"**'-+%#.(%#-8*'($%#1'&"1%#%+#&'11%&+,9%#=.,#*%-/%+#)%#

-8).,-%#14"('(>/"+#%+#14,(&%-+,+.)%#8#;195*%#;)&*0

################### A%0# =*&/7%-0# +,*# 0>*1'5*+,%-&# %-# ;,.%):-%# 2(-0# 2%0# =5,E0# $UZ;AWQ# '()&(:%-&# 2%0#

=()(=&9)*0&*+,%0# =/11,-%0L# F)*-=*'(5%1%-&# =%55%# 2%# '()&(:%)# 2%0# .(5%,)0# %&# 2%0# -/)1%0# %-#

(29+,(&*/-#(.%=#5(#0&),=&,)%#2%#4*-(-=%#0/5*2(*)%<#1(*0#(,00*#=%55%#2>%-&)%&%-*)#,-#)(''/)&#'()&*=,5*%)#

(,# &%))*&/*)%L# Q/,=*%,V# 2%# .(5/)*0%)# 5%0# )%00/,)=%0# 5/=(5%0# %&# 2%# ')90%).%)# 5%0# (19-*&90#

%-.*)/--%1%-&(5%0<# 5%,)0# 0%-0*E*5*&90# &%))*&/)*(5%0# 0>%V')*1%-&# '()# 5%,)0# ')(&*+,%0# (,00*# E*%-# 2%#

=/-0/11(&*/-#+,%#2>*1'5*=(&*/-L#A%0#$UZ;AWQ<#%-#/44)(-&#,-#=(2)%#2>/):(-*0(&*/-#=/55%=&*.%#/)*:*-(5<#

'/)&%,)#2%#=('*&(5#0/=*(5#%&#=/:-*&*4<#'%)1%&&%-&#2%#)9.95%)#/,#2%#)%-4/)=%)#5%#'/&%-&*%5#2>*1'5*=(&*/-#

5/=(5%#2%0#=*:(5*%)0L#A%0#$UZ;AWQ#2/--%-&#(,V#'%)0/--%0#+,*#7#'()&*=*'%-&<# 5%0#=5%40#2>,-%#1%*55%,)%#

=/1')9B%-0*/-#2%#19=(-*01%0#9=/-/1*+,%0#/,#4*-(-=*%)0<#5%0#=*:(5*%)0#29.%5/''(-&#(5/)0#,-%#4*E)%#

3#%-&)%')%-%,)*(5%#8L

[-%#2%0#0'9=*4*=*&90#2%0#$UZ;AWQ#%0&#2%#)%-4/)=%)#5(#&%))*&/)*(5*&9#%&#5>*2%-&*&9#&%))*&/)*(5%#2%0#=*:(5*%)0L#

F()#5%#E*(*0#2%#5(#4*-(-=%#0/5*2(*)%<#2%#5(#)945%V*/-#0,)#5%#=B/*V#2>,-#&%))*&/*)%#2%#)949)%-=%#%&#2>(=&*/-<#

0,)# 5%# =B/*V# 2%0# ')/X%&0# %&# 5%,)0# *1'(=&0# %&# 2%# 5%,)# (-=)(:%# &%))*&/)*(5<# 5%0# 9'():-(-&0# 0/5*2(*)%0#

')%--%-&# =/-0=*%-=%# +,>*50# 4/-&# '()&*%# 2>,-# &%))*&/*)%# %&# +,>*5# %0&# '/00*E5%# 2>(./*)# ,-%# (=&*/-# 2%#

29.%5/''%1%-&#=/-=)N&%#0,)#=%5,*6=*L#$%#->%0&#'(0#,-#B(0()2#0*# 5%0#=*:(5*%)0#)%-=/-&)90#0>*-&9)%00%-&#

2%# ')N0# (,V# (=&*/-0#1%-9%0# '()# 5%0# =/55%=&*.*&90# &%))*&/)*(5%0# /,# 5%0# &%))*&/*)%0# 2%# ')/X%&0L# $%)&(*-0#

0/-&#*1'5*+,90#2(-0#5%#=/-0%*5#1,-*=*'(5#2%#5%,)#=/11,-%<#=/11%#)949)%-&0#F()=<#/,#0/,B(*&%-&#0>7#

*-&9)%00%)# 2(-0# 5%# 4,&,)<# =%)&(*-0# /-&# '()&*=*'9# T# 2%0# (&%5*%)0# /):(-*090# '()# 5%# F()=# /,# 5(# )9:*/-#

IQj;GG\KL# A%0# $UZ;AWQ#'()&*=*'%-&# (*-0*# T# 4(*)%# 2%0# =*:(5*%)0# 2%0# (=&%,)0# &%))*&/)*(5*090<# 2%0# (=&%,)0#

'()&*=*'(&*40#2%#5(#=/-0&*&,&*/-#%&#2%#5(#=/-0&),=&*/-#2%#5%,)#&%))*&/*)%L##

A%0# $UZ;AWQ# 0/-&# 9:(5%1%-&# 2%# 4/)1*2(E5%0# /,&*50# 2>92,=(&*/-# T# 5(# =//'9)(&*/-# .*(# ,-%# )9'/-0%#

=/55%=&*.%# %&# 0/5*2(*)%# (,V# *-9:(5*&90# 0/=*(5%0# 0,)# 5%0# &%))*&/*)%0L# Q*# =%0# =*)=,*&06=/,)&0# 2>9'():-%#

'%)1%&&%-&#T#2%0#'/)&%,)0#2%#')/X%&#2%#=)9%)#5%,)#(=&*.*&9#/,#2%#'/,./*)#(==92%)#'()#%44%&#2%#5%.*%)#

4*-(-=*%)# T# 2%0# %1'),-&0# E(-=(*)%0<# 5%0# $UZ;AWQ# /44)%-&# (,V# =)9(&%,)0# ,-# )90%(,# 2>%-&)(*2%# %&# ,-#

(==/1'(:-%1%-&# B,1(*-# E(09# 0,)# 5(# -/&*/-# 2%# 3#4(*)%# =/-4*(-=%# T# ')*/)*#8<# 5%# ')%1*%)# *-:)92*%-&#

-9=%00(*)%#T#9&(E5*)#,-%#)%5(&*/-#2%#=//'9)(&*/-L#

#

################## A%# )%-/,.%(,# 2,# =/-=%'&# 2%# &%))*&/*)%# 2(-0# 5>*-&%)')9&(&*/-# 2%# 5>(=&*/-# =/55%=&*.%# I;)&*0<#

OPP]K#%0&#=/1')9B%-0*4<#2>,-%#'()&#=()#5%0#$UZ;AWQ#0/-&#5%#)90,5&(&#2>,-%#')/V*1*&9#:9/:)('B*+,%#%&#

/):(-*09%<# 0>('',7(-&# 0,)# 2%0# )%00/,)=%0# &%))*&/)*(5%0# -/-# .(5/)*09%0#@# 5>9'():-%# =*&/7%--%# 2%#

')/V*1*&9<# 5%# &%1'0#%&# 5%0# 0(./*)0#2%0#B(E*&(-&0L# A%# &%))*&/*)%# 4(*&# )949)%-=%#T# 5(# =/-0&),=&*/-#%-&)%#

(=&%,)0<# *=*# 5%0# =*:(5*%)0<# 2>,-# 3# 5*%,# +,*# (# 2,# 0%-0# 8# %&# +,*# '%)1%&# 2%# )92,*)%# 5>*-=%)&*&,2%# 5*9%# (,#

')/=%00,0# 2%# 1/-2*(5*0(&*/-# I;)&*0<# OPP]KL# A%0# $UZ;AWQ# 4/-&# '()&*%# 2>,-%# %V'9)*%-=%# 2%# 4*-(-=%#

0/5*2(*)%# &%))*&/)*(5*09%<# %-# '()&*=*'(-&# (,# 29.%5/''%1%-&# &%))*&/)*(5# 2,)(E5%<# '()# 5%# 0/,&*%-# T# 5(#

=)9(&*/-# 2>(=&*.*&90# 9=/-/1*+,%0# (-=)9%0# &%))*&/)*(5%1%-&# %&# T# 4/)&%# .(5%,)# (X/,&9%#

I%-.*)/--%1%-&(5%<#0/=*(5%#%&#=,5&,)%55%K<#-/&(11%-&#%-#1*5*%,#),)(5L#h(*0#0,)&/,&#%-#*))*:,(-&#%&#%-#

29.%5/''(-&# 5%0# )90%(,V# %&# 5%0# '()&%-()*(&0<# T# 5>9=B%55%# )9:*/-(5%<# =/11%# T# 5>9=B%55%# 5/=(5%<# %-&)%#

=*&/7%-0<#%-&)%#(=&%,)0#2%#5(#4*-(-=%#0/5*2(*)%<#%-&)%#(=&%,)0#2%#5(#4*-(-=%#0/5*2(*)%#%&#(=&%,)0#',E5*=0#

/,#E(-=(*)%0L#

A%# )H5%# 2%# 5(# 4*-(-=%# 0/5*2(*)%<# =*&/7%--%# %&# '()&*=*'(&*.%# 2(-0# 5%0# &%))*&/*)%0# %0&# T# =/-0*29)%)# (.%=#

*-&9)?&L# F/,)#,-# &%))*&/*)%# =/11%# 5>;,.%):-%#%&# '5,0# '()&*=,5*N)%1%-&# 5%# &%))*&/*)%#2,#F()=#Y(&,)%5#

j9:*/-(5# 2%0# v/5=(-0# 2>;,.%):-%<# (,# )%:()2# 2%0# %-X%,V# I290%)&*4*=(&*/-# /,# .*%*55*00%1%-&# 2%# 5(#

'/',5(&*/-# 2(-0# =%)&(*-0# &%))*&/*)%0# ),)(,VK# %&# 2%0# 27-(1*+,%0# %-# =/,)0# I'/5*&*+,%0# 2>(==,%*5# 2%#

-/,.%55%0#'/',5(&*/-0<#29.%5/''%1%-&#2%#5>WQQK<#5>*1'5(-&(&*/-#2%#$UZ;AWQ#%&#5%#29.%5/''%1%-&#'5,0#

5():%1%-&# 2%# =//'9)(&*/-0# /44)%-&# 2%0# 9591%-&0# 2%# )9'/-0%0# 29&%)1*-(-&0# (4*-# 2>(00,)%)# 5(#

-9=%00(*)%#E*/2*.%)0*&9#%-&)%')%-%,)*(5%<#,-%#E*/2*.%)0*&9#*-2*0'%-0(E5%#T#5>9+,*5*E)%#%&#T#5(#0(-&9#2%#

&/,&#&%))*&/*)%L#

################## A%0# $UZ;AWQ<# %&# '5,0# :5/E(5%1%-&# 5%0# 4*-(-=%0# 0/5*2(*)%0<# ')/2,*0%-&# ,-# =('*&(5# 0/=*/6

&%))*&/)*(5# 5T# /l# *50# 0%# 29.%5/''%-&#@# =%0# 0&),=&,)%0# 0/-&# (*-0*# 3#)%$# 1%9,%-$# &'(+%/*'-",($# ).#

)89%1'**%/%(+# +%--,+'-,"1# ).-"61%7# *"-&%# =.4%11%$# ",)%(+# :# 148/%-0%(&%# )4.(# @#/,1,%.# ,(('9"+%.-# J#

NFBL;72(5/&<#!eSDK#$',+#('(#$%.1%/%(+#)4.(#@#+%--,+',-%#'<#%3,$+%#.(%#-8%11%#,(+%($,+8#)4,(+%-"&+,'(#%+#

)4"**-%(+,$$"0%#J#=.,#*'-+%#.(%#5'-&%#)4".+'#&'($+-.&+,'(#%+##)4".+'#")"*+"+,'(#)%$#$,+%$#'.#1,%.3#".3#

&'(),+,'($# $'&,'?8&'('/,=.%$# 1'&"1%$# T# /",$# ".$$,7# )4.(# %$*"&%# *.61,&# )%# &,+'>%((%+8#JmX# $%0#

Ñ-/,.%55%0Ñ## 4/)1%0# 2%# 291/=)(&*%# =*&/7%--%# '()&*=*'%-&# (*-0*# T# )%294*-*)# 5(# :/,.%)-(-=%# 2%0#

&%))*&/*)%0L

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

%#!JNOIPHQ!R3*<35S!$!!%$# 5,("(&%$#$'1,)",-%$# V#.(%#/8),"+,'(#$'&,"1%#&'//%#*-'B%+#)%#+%--,+',-%#*'.-#c"(+%$#

H'1,)",-%#8<#$/55/+,%#\%))*&/*)%0<#(=&*/-#0/=*(5%#%&#%1'5/*<#OPPJ<#'Le<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9# 5%#OP!C6Pe6"PK<#B&&'@ggwwwL'&/5%1%%L=/1g=%%g$/-&)*E,&*/-0g$khxZ5%1(*-L'24##

#

#

Q*#-/,0#'/,./-0#)%:)%&&%)#+,%#=%#1/,.%1%-&#-%#)%X/*:-%#%-=/)%#+,>,-#-/1E)%#5*1*&9#2%#'%)0/--%0#

%-#;,.%):-%<# 4/)=%# %0&# 2%# =/-0&(&%)# +,%# 0%0# *1'(=&0# 0/-&# 2%# '5,0# %-# '5,0# .*0*E5%0<# -/&(11%-&# (,#

&)(.%)0#2%#0%0#3#.*&)*-%0#8#=/-0&*&,9%0#'()#5%0#')/X%&0#2>%-&)%')*0%0#4*-(-=90#%&#(==/1'(:-90L#

;4*-#2%#29.%5/''%)# 5%0# *-*&*(&*.%0#=*&/7%--%0<#0*#,-#&)(.(*5#2%#0%-0*E*5*0(&*/-#2%1%,)%#T# 4(*)%#(,')N0#

2%0#(=&%,)0#%&#2%0#B(E*&(-&0#2%0#&%))*&/*)%0<#*5#0%)(#*1'/)&(-&#2%#5(#'()&#2%#&/,0#5%0#(=&%,)0#=/-=%)-90#

2%#5%,)#(==/)2%)#5%#&%1'0#-9=%00(*)%#T#5%,)#=/-0&),=&*/-#',*0#T#5%,)#%V'9)*1%-&(&*/-<#5(#2,)9%#9&(-&#

5%#0%=/-2#*-:)92*%-&#-9=%00(*)%#T#1%0,)%)#5%0#*1'(=&0#2>,-%#)%5(&*/-#2%#=//'9)(&*/-L#

!"#$%&#$'&'()*$'#!

@HA@I#@#;00/=*(&*/-0#'/,)#5%#G9.%5/''%1%-&#2%#5>W1'5/*#;:)*=/5%#%&#j,)(5#

@JI@K#@#;00/=*(&*/-#2%#z/)1(&*/-#2%0#j,)(,V#(,V#;=&*.*&90#2,#\/,)*01%#

@+HA@#@#;:%-=%#2%#5*(*0/-#'/,)#5%#29.%5/''%1%-&#2m,-%#9=/-/1*%#(5&%)-(&*.%#)

@L@M#@#;00/=*(&*/-#'/,)#5%#1(*-&*%-#2>,-%#;:)*=,5&,)%#F(70(--%#

@IHK@#@#;:%-=%#j9:*/-(5%#2%#G9.%5/''%1%-&#2%0#\%))*&/*)%0#2>;,.%):-%#

NMIA@#@#n)%.%&#F)/4%00*/--%5#j%0'/-0(E5%#2>WV'5/*&(&*/-#;:)*=/5%#

NKB)@#n)%.%&#2%#\%=B-*=*%-#Q,'9)*%,)#

!>?@+AB)@#$5,E0#2>U-.%0&*00%,)0#'/,)#,-%#Z%0&*/-#;5&%)-(&*.%#%&#A/=(5%#2%#5>W'():-%#Q/5*2(*)%#

!IAJ@H#@# $%-&)%# 2%# j%=B%)=B%<# 2>~&,2%# %&# 2%# z/)1(&*/-# T# 5>;-*1(&*/-# %&# (,# G9.%5/''%1%-&# %-#

;,.%):-%##

HABB#@#G*'5H1%#2>W&,2%0#Q,'9)*%,)%0#Q'9=*(5*09%0#

ABB#@#W=/-/1*%#Q/=*(5%#%&#Q/5*2(*)%#

>O@>BA)@#U-&%)-(&*/-(5#;00/=*(&*/-#/4#U-.%0&/)0#*-#&B%#Q/=*(5#W=/-/17#g#;00/=*(&*/-#U-&%)-(&*/-(5%#2%0#U-.%0&*00%,)0#2(-0#5>W=/-/1*%#Q/=*(5%K#

+A@HAI#@#A*(*0/-#W-&)%#;=&*/-#2%#G9.%5/''%1%-&#2%#5>W=/-/1*%#j,)(5%#

POQ)@#k):(-*0(&*/-#2%0#Y(&*/-0#[-*0##

MOI#@#F()=#Y(&,)%5#j9:*/-(5#

MB)@#F()&*#Q/=*(5*0&%#

B!>!#@#Q/=*9&9#=//'9)(&*.%#2>*-&9)?&#=/55%=&*4#

B!PM)@#Q/=*9&9#$//'9)(&*.%#%&#F()&*=*'(&*.%#

KMA#@#\)N0#F%&*&%#W-&)%')*0%##

QIB!PM)R#[-*/-#j9:*/-(5%#2%0#Q/=*9&90#$//'9)(&*.%0#%&#F()&*=*'(&*.%0)

#

!

!

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

P&;1/-,')

#

$;jGkY#FB*5*''%<#GWQ;Y\U# j('B(Ö5<# !4%(=.M+%# =."1,+"+,9%# %(# $'&,'1'0,%<# j,%*56h(51(*0/-<# ~2*&*/-0#

;Qf<#OPP]<#ee#'L#

#

G;jhkY#h,)*%5<#!"#$'&,"1,$"+,'(7#)'/",(%$#%+#"**-'&A%$<#F()*0<#;)1(-2#$/5*-<#OP!P<#!OS#'L#

#

GWhk[Q\UWj#G(-*%5%<#!48&'('/,%#$'&,"1%#%+#$'1,)",-%7#$4"$$'&,%-#*'.-#%(+-%*-%()-%#".+-%/%(+<#Q7)/0<#

OPP!<#OPJ#'L#

#

GU#h~k#Z,7<# n[A~kY# F(0=(5<# 3#5>%0'(=%# 0/=*(5<# 5%=&,)%# :9/:)('B*+,%# 2%0# 0/=*9&90#8<# F()*0# ;)1(-2#

=/5*-<#OPPD<#"P"#'L#

#

Gj;FWjU#t%(-6z)(-^/*0<#!48&'('/,%#$'&,"1%#%+#$'1,)",-%#V#.(%#-8*'($%#:#1"#&-,$%#[7#G,-/2<#OP!!<#OSS#'L#

#

ZjWzzW#Ç(.*%)<#A%#29.%5/''%1%-&#5/=(5<#W2*&*/-0#2%#5>;,E%<#OPPO<#!eS#'L#

#

hWjAUY#F<#G*=&*/--(*)%#2%#5m,)E(-*01%#%&#2%#5m(19-(:%1%-&<#F()*0<#F[z#"N#92<#OPPP<#ePO#'L#

#

FW$a[W[j#n%)-()2<#A%#29.%5/''%1%-&#5/=(5#@#'/,)#,-%#9=/-/1*%#2%0#&%))*&/*)%0<#Q7)/0<#ON1%#92<#

OPPP<#!"O#'L#

#

jWpQkf;pq#j,2/54<#H'&,'1'0,%#)%$#9"1%.-$<#;)1(-2#$/5*-<#F()*0<#OPPJ<#!SC#'L#

#

@18($%,'),#)%(-#,)

)

;YZWkY# v(59)*%<# $;jkY# F(&)*=d# %&# A;jGkY# Q75.*%<# 3# G%0# 5*%-0# 0/=*(,V# T# 5(# =/-0&),=&*/-# 2m,-#29.%5/''%1%-&#&%))*&/)*(5#2,)(E5%#@#+,%5#)H5%#2%#5(#')/V*1*&9#2(-0#=%#')/=%00,0#b#8<#Q89%1'**%/%(+#

).-"61%# %+# +%--,+',-%$<# G/00*%)# ]<# I2/=,1%-&# %-# 5*:-%<# =/-0,5&9# 5%# OP!C6Pe6OSK<#B&&'@gg2%.%5/''%1%-&2,)(E5%L)%.,%0L/):gOSD!)

;j\UQ# ;195*%<# 3#A(# 3# 4*-(-=%# 0/5*2(*)%# &%))*&/)*(5*09%# 8# @# ,-%# )9'/-0%# 2%# ')/V*1*&9# %-# 4(.%,)# 2%# 5(#=/-0&),=&*/-#2>,-#&%))*&/*)%#2%#)949)%-=%#2(-0#,-#')/=%00,0#2%#1/-2*(5*0(&*/-#8<#C"A,%-$#).#CGqGc7#

#

!eIOPP]K<# '(:%0# OP6CP<# I2/=,1%-&# %-# 5*:-%<# =/-0,5&9# 5%# OP!C6Pe6"PK<#B&&'@ggE(0%L0/=*/%=/L/):g2/=0g(x()&*0L'24#

;j\UQ#;195*%<#3#z*-(-=%#0/5*2(*)%#%&#)9:,5(&*/-#&%))*&/)*(5%#8<#q8$%".#,(+%-.(,9%-$,+",-%#)%#148&'('/,%#

$'&,"1%# %+# $'1,)",-%<# OPPS<# !J# 'L<# I2/=,1%-&# %-# 5*:-%<# =/-0,5&9# 5%# OP!C6Pe6"PK<# B&&'@ggB(5L()=B*.%06/,.%)&%0L4)g2/=0gPPg"OgODg]JgFGzg;1%5*%x;)&*0L'24##;00%1E59%#Y(&*/-(5%<#),E)*+,%#3#f*0&/*)%#%&#'(&)*1/*-%#8<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9# 5%#OP!C6PD6!OK<#B&&'@ggwwwL(00%1E5%%6-(&*/-(5%L4)gB*0&/*)%g2%=%-&)(5*0(&*/-L(0'####;\\;$# \/,5/,0%<# 3#;5&%)1/-2*(5*01%#8<# I2/=,1%-&# %-# 5*:-%<# =/-0,5&9# 5%# OP!C6Pe6OPK<#B&&'@ggwwwL(&&(=6&/,5/,0%L/):g0'*'L'B'b'(:%|:)/,'%}:)/,'%|S#

$WjUQWQ<# ),E)*+,%# 3#=/-49)%-=%0# ',E5*+,%0#8<# I2/=,1%-&# %-# 5*:-%<# =/-0,5&9# 5%# OP!C6PJ6!eK<#B&&'@ggE5/:0L,-*.6&50%OL4)g=%)*0%0g4*5%0g=/-4%)%-=%06',E5*+,%0g57/-6OPP]L'24#

$f;nj;\# Q(E*-%<# fk[G;j\# h()*%<# 3#A>('')/=B%# 070&91*+,%# 2,# &%))*&/*)%# '/,)# =/1')%-2)%# 5%#29.%5/''%1%-&# 2%0# 291()=B%0# =/55%=&*.%0# (:)*=/5%0L# A%# =(0# 2%0# 291()=B%0# 2%# .(5/)*0(&*/-# 2%0#')/2,*&0#2%#5>95%.(:%#(55(*&(-&#%-#;,.%):-%#8<#U)0&%(<#[hj#h9&(4/)&<#OP!"<#!C#'L<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9# 5%# OP!C6!P6PSK<B&&'@ggwwwL(0)254OP!"L/):gUhZg'24g$x6x$B(E)(&x6xf/,2()&x#xAx('')/=B%x070&%1*+,%x2,x&%))*&/*)%x'/,)x=/1')%-2)%x5%x2%.%5/''%1%-&x2%0x2%1()=B%0x=/55%=&*.%0x(:)*=/5%0L'24#

GW#v;jUYW#f,:,%0<#3#A>9=/-/1*%#0/5*2(*)%#0,)#5%#=B(1'#8<##q%9.%#^%--,+',-%$<#-i"JS<#1(*#!eeJ##GUW[#;--%6h()*%<#3#A%#')/=%00,0#2%# 5>%-:(:%1%-&#./5/-&(*)%#%&#=*&/7%-#@#2%0#.(5%,)0<#2%0# *-2*.*2,0#%&#2%0#(00/=*(&*/-0#8<#'L!C<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6ODK<##B&&'@ggwwwL=%0%'LE%gW\[GWQgWYtW[Çg')/=%00,0x%-:(:%1%-&x./5/-&(*)%L'24##GkjUQkY#v*/5N-%<#3#!%#-W1%#).#0-'.*%#)%#*",-$#K#&'($+-.&+,'(#,)%(+,+",-%#%+#$'&,"1,$"+,'(#8<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6OPK<##B&&'@ggwwwL'(00%)%55%06%X%L*-4/g2/00*%)0g2/00*%)x0,*&%xO]]xO]"x5%R)/5%R:)/,'%R'(*)0R6R=/-0&),=&*/-R*2%-&*&(*)%R0/=*(5*0(&*/-LB&15##G[nkQ\#Y(&B(5*%<#3#h/&*.(&*/-0#2%0#E9-9./5%0#@#,-%# )%.,%#2%# 5(# 5*&&9)(&,)%#8<#$(B*%)#2%# )%=B%)=B%#AkZ<#!gOPP]<#'LJ<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6ODK<#B&&'@ggwwwL,-*.6/)5%(-0L4)g5/:gG/=6j%=Bg\%V&%06FGzgOPP]6!L'24#

zUAAUW[AW#k5*.*%)<# 3#F)/'/0*&*/-#'/,)#,-%#(-(570%#')/=%00,%55%#2%# 5>%-:(:%1%-&# *-2*.*2,%5#8<#j%.,%#4)(-^(*0%#2%#0=*%-=%0#'/5*&*+,%0<#!gOPP!<#Iv/5L#D!K<#'L!ee6OPD<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6OOK<#B&&'@ggwwwL=(*)-L*-4/g)%.,%64)(-=(*0%62%60=*%-=%6'/5*&*+,%6OPP!6!6'(:%6!eeLB&1#

zj;tWjh;Y#A(,)%-&<#3#!4%(0"0%/%(+#)%$#%($%,0("(+$# Ndidm?dikmP#8<# I2/=,1%-&#%-# 5*:-%<# =/-0,5&9#5%#OP!C6Pe6!eK<#B&&'@ggB*0&/*)%6%2,=(&*/-L)%.,%0L/):gDJ]#

ZAWh;UY#F(0=(5<# 3#A%0# 4*-(-=%0# 0/5*2(*)%0# @# ,-%#192*(&*/-# 0/=*(5%# =/11%#')/X%&#2%# &%))*&/*)%#'/,)#Y(-&%0# Q/5*2(*)%#8<# $/55/+,%# \%))*&/*)%0<# (=&*/-# 0/=*(5%# %&# %1'5/*<# OPPJ<# !O# 'L<# I2/=,1%-&# %-# 5*:-%<#=/-0,5&9#5%#OP!C6Pe6"PK<#B&&'@ggwwwL'&/5%1%%L=/1g=%%g$/-&)*E,&*/-0g$khxZ5%1(*-L'24#

#

f;hUGU#$(1*55%<#3#!%$# -",$'($#)%# 14%(0"0%/%(+#"$$'&,"+,5#J7#q%9.%# 5-"(I",$%#)%$#"55",-%$# $'&,"1%$#J<#CgOPPO#I-iCK<#'L!Ce6!JD<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6ODK<#B&&'@ggwwwL=(*)-L*-4/g)%.,%64)(-=(*0%62%06(44(*)%060/=*(5%06OPPO6C6'(:%6!CeLB&1#

A>W=/-/1*%#Q/=*(5%#%&#Q/5*2(*)%<#(=&)*=%#2%0#&%))*&/*)%0#%&#2,#29.%5/''%1%-&#5/=(5#%-#h*2*6F7)9-9%0<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6PD6!PK<#B&&'@ggwwwL=)%0061*2*'7)%-%%0L/):g4)g*1:27-gkjWQQxhFxzk$[QxCxWQQxG%.%5/''%1%-&xA/=(5L'24##

h/*-%# ;5%V(-2)%<# 3# A%# &%))*&/*)%# =/11%# ,-# 070&N1%# =/1'5%V%# @# ,-# =/-=%'&# /'9)(&/*)%# '/,)#5m(19-(:%1%-&#%&#5(#:9/:)('B*%#8<#A>W0'(=%#:9/:)('B*+,%#Og#OPPJ#I\/1%#"DK<#'L#!!D6!"O<#I2/=,1%-&#%-# 5*:-%<# =/-0,5&9# 5%# OP!C6!P6PSK<# [jA# @# wwwL=(*)-L*-4/g)%.,%6%0'(=%6:%/:)('B*+,%6OPPJ6O6'(:%6!!DLB&1L#

YU$k[jG#Q(-2)*-%<#3#b.,#$4%(0"0%#".B'.-)4A.,#[#8<#U-4/)1(&*/-0#0/=*(5%0#!gOPPS#I-i!CDK<#'L!PO6!!!<#I2/=,1%-&# %-# 5*:-%<# =/-0,5&9# 5%# OP!C6Pe6!DK<# [jA#@# B&&'@ggwwwL=(*)-L*-4/g)%.,%6*-4/)1(&*/-060/=*(5%06OPPS6!6'(:%6!POLB&1L#

Fjk[\W;[# A*/-%5<# ykAzz# z)(-^/*06$B()5%0<# @#Q'((%-# $'(# +%/*$7# 1%$# 68(89'1%$# )"($# 1"# 9,%#

"$$'&,"+,9%$#8<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6!eK<##B&&'@ggwwwL*-0%%L4)g4)g44=g2/=0x44=g%0"]O(L'24##Ak[GUqU#Q(51(<#;YZWkY#v(59)*%<#A;jGkY#Q75.*%<#3#C"*,+"1#$'&,"1#%+#)89%1'**%/%(+#+%--,+'-,"1;#b.%1#

,/*"&+#$*"+,"1#)%$#-%1"+,'($#$'&,"1%$#[#8<#W0'(=%0#%&#Q/=*9&90#o#$jYQ<#OPPC<#!J#'L<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6O]K<#B&&'@gg%0/L=-)0L4)gUhZg'24g5/0L'24##vWjhWWjQ$f# Q&9'B(-*%<# 3#W-&)%# *-2*.*2,(5*0(&*/-# %&# '()&*=*'(&*/-#@# 5>%-:(:%1%-&# (00/=*(&*4#E9-9./5%#8<#j%.,%#4)(-^(*0%#2%#0/=*/5/:*%<#CgOPPC#Iv/5L#CDK<#'LJS!6]!P<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6OOK<#B&&'@ggwwwL=(*)-L*-4/g)%.,%64)(-=(*0%62%60/=*/5/:*%6OPPC6C6'(:%6JS!LB&1)

)

B(8,')S,=T)

n5/:#2%#5(#5*=%-=%#!#2%#0/=*/5/:*%#2%#F/*&*%)0<#3#C'.-$#)%#$'&,"1,$"+,'(#V#8).&"+,'(#NXP#J<#I2/=,1%-&#%-#5*:-%<# =/-0,5&9# 5%# OP!C6Pe6!SK<# B&&'@gg5*=%-=%!0/=*/5/:*%6'/*&*%)0L/.%)6E5/:L=/1g()&*=5%6=/,)062%60/=*(5*0(&*/-6%2,=(&*/-6O6Je!DJ"D!LB&15#

$Wh~;# F(70# 2%# 5(# A/*)%<# 3#a,>%0&6=%# +,%# 5>92,=(&*/-# '/',5(*)%#8<# ),E)*+,%#3# ;=&,(5*&9#8# I()&*=5%# %-#5*:-%<#=/-0,5&9#5%#OP!C6Pe6O]K<#B&&'@ggwwwL=%1%(6'255L/):ga,6%0&6=%6+,%656%2,=(&*/-#

z*-(-0/5<# ),E)*+,%# 3#5%# 5(E%5# z*-(-0/5#8<# I2/=,1%-&# %-# 5*:-%<# =/-0,5&9# 5%# OP!C6!P6CK<#B&&'@ggwwwL4*-(-0/5L/):g4)g'/,)+,/*6,-65(E%5g()&*=5%g'/,)+,/*6,-65(E%5LB&15#

)

L:5"(1,')

)

\f~vWYW\#j/1(*-<#191/*)%#3#&%))*&/*)%#2%#')/X%&#%-#1*5*%,#),)(5#8<#X,*-#OPPS<#I2/=,1%-&#%-#5*:-%<#=/-0,5&9#5%#OP!C6PD6PSK<#B&&'@ggwwwL%-0=*L=/1g,'5/(20g1%2*(g1%1/*)%x)/1(*-x&B%.%-%&x=(B*%)6!L'24#!

#

THQUOQV!W;=2S! $!W&(&#2%0# 5*%,V#2%# 5>9=/-/1*%# 0/=*(5%#%&# 0/5*2(*)%# 0,)# 5%#'()=#-(&,)%5# )9:*/-(5#2%0#./5=(-0#2>(,.%):-%#8#[-*.%)0*&9#2>;-:%)0<#OP!"<#!DC#'L#

!

KU3',')

!

AWY;UY#h()*%6;--%# 3#Q>("/,=.%$# %+# "&&'/*"0(%/%(+# )%$# ^_G# ,(9%(+,9%$# %(# %$*"&%# -.-"1# ,$'18# V#

G(+-%# +%--,+',-%$# %+# -8$%".3# V# !S%3%/*1%# %(# C8U"11,%-7# C'/6-",11%$# %+# Y,11%9"&A%$#8<# &BN0%# 2%#:9/:)('B*%<#,-*.%)0*&9#n5(*0%#F(0=(5#o#$5%)1/-&6z%))(-2<OP!!<#"DO#'L#

L

!"#$%&'%(&)"*+,-%(#!

1232145232678$9999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999$:!128;32$9999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999$<!8=33>512$99999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999$?!5671=@;475=6$A2621>!2$999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999$B!C>1752$D$E$288>5$7F2=15G;2$999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999$DH!59$288$27$C=!575G;28$@2$@2I2!=CC23267$@28$721157=5128J$I218$;62$4=6I21A2642$@28$3=;I232678$K$99999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999$DD!PG!XO!N:PIOQPJOIOQV!X(!VOYYHVZHYO!P(!XOTONZRROIOQV!X(YP[NO!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&#!"#$%&'()*'+,(,*-$./$-,001-210,3$4&'5'*'+,$.,$4&)-'-$###################################################################################$"6!6#$7,$4'$*'188'*9,$./$.):,4255,(,*-$429'4$'/$.):,4255,(,*-$./0';4,$##############################################$"6!<#$=*$9>'*+,(,*-$.,8$(2.?4,8$.,$.):,4255,(,*-$'+01924,$,-$0/0'4$####################################################$"@!@#$=*,$'55029>,$->)201A/,$./$92*9,5-$.,$B$.):,4255,(,*-$-,001-201'4,$./0';4,$C$#######################$"!!

[G!N:OUZQZIHO!\ZUHPNO!OV!\ZNHXPHYOS!(Q!PUVO(Y!X(!XOTONZRROIOQV!VOYYHVZYHPN!]!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&%!"#$%'$*'188'*9,$.,$4&)92*2(1,$8291'4,$#################################################################################################################$"D!6#$%&)92*2(1,$8241.'10,$E$.,8$1*1-1'-1:,8$9244,9-1:,8$,-$91-2F,**,8$###########################################################$"G!<#$H92*2(1,$8291'4,$,-$8241.'10,$,-$-,001-210,8$#################################################################################################$6I!

559$!28$45A>!28J$;6$=;75!$@2$L56>642$721157=15>!5822$K$99999999999999999999999999999999999999999999999999999999$:<!PG!NP!^HQPQUO!\ZNHXPHYO!OV!NO!VOYYHVZHYO!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!#@!"#$H(,0+,*9,$.,$4'$J1*'*9,$8241.'10,$,*$K0'*9,$#############################################################################################$6<!6#$%'$J1*'*9,$8241.'10,3$/*,$J1*'*9,$B$-,001-201'418),$C$#################################################################################$6!!

3G!N3!52=-B;+!<2..;)3;,3-0+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!#"![G!N3!52=-B;+!,+00-,20-35+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!#K!<G!N3!52=-B;+!102>+**-2))+55+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!#K!/G!N3!52=-B;+!<2..+0<-35+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!#%!

<#$L22($8/0$4'$J1*'*9,$8241.'10,$,*$K0'*9,$#######################################################################################################$6D!3G!N+*!,02-*!<3)3;_!/+!5:6130=)+!*25-/3-0+!+)!^03)<+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!#D!4G!N+*!*+<,+;0*!B;-!46)6>-<-+),!/+!5:6130=)+!*25-/3-0+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!@L!<G!Y6130,-,-2)!/+*!102/;-,*!/:6130=)+!*25-/3-0+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!@&!

[G!NP!^HQPQUO!\ZNHXPHYOS!UHVZÒQQO!OV!RPYVHUHRPVHTOS!N:OaOIRNO!XO\!UHJPNO\!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!@@!"#$M,*?8,$./$(2/:,(,*-$.,8$NOMP%QR$###############################################################################################################$<<!6#$S0+'*1+0'((,$.,8$NOMP%QR$#############################################################################################################################$<@!

3G!b!5:6<E+55+!)3,-2)35+!F!N3!^6/603,-2)!)3,-2)35+!/+*!UHJPNO\!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!@c!4G!b!5:6<E+55+!06=-2)35+!F!5+*!3**2<-3,-2)*!06=-2)35+*!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!@c!<G!b!5:6<E+55+!52<35+!F!5+*!<5;4*!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!@M!

6#$7)J1*1-12*$,-$J2*9-12**,(,*-$.,8$NOMP%QR$##################################################################################################$<T!e;#%&'88291'-12*$0)+12*'4,$.,8$NOMP%QR$.&P/:,0+*,$#####################################################################################$<G!

5559$;62$>CC1=4F2$8M87235G;2$@;$721157=512J$C=;1$27;@521$;62$56575>75I2$4=!!2475I2$N$!28$45A>!28$99999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999$?O!PG!NP!XHIOQ\HZQ!IPVOYHONNO!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!cK![G!NP!XHIOQ\HZQ!HXOONNO!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!cK!UG!NP!XHIOQ\HZQ!ZYJPQH\PVHZQQONNO!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!c%!

C>1752$:$P$575621>512$327F=@=!=A5G;2$9999999999999999999999999999999999999999999999999999999999999999999999999999999999999$B:!59$C1=Q!23>75G;2$27$FMC=7F2828$999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999$B<!559$721157=512$@*27;@2$999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999$BO!PG!NP!YOJHZQ!P(TOYJQOS!RYHQUHRPNO\!UPYPUVOYH\VHd(O\!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!M"!"#$%'$J1*$.&/*$42*+$,U2.,$###########################################################################################################################################$TV!6#$Q(5421$##########################################################################################################################################################################$TD!

#

<#$%'$0)+12*$P/:,0+*,3$/*$>'/-W41,/$.,8$5241-1A/,8$.&'99/,14$,-$.,$90)'-12*$.&'9-1:1-)8$###############$!I!@#$X'*20'('$.,$4&QRR$,*$P/:,0+*,$######################################################################################################################$!"!

[G!NO!RPYU!QPV(YON!YOJHZQPN!XO\!TZNUPQ\!X:P(TOYJQO!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!"@!"#$%'$0)'418'-12*$.&/*$-,001-210,$5'0-'+)$E$201+1*,8$,-$(18812*8$.,8$X'098$Y'-/0,48$Z)+12*'/U$!<!6#$%,8$XYZ3$)-'-$.,8$41,/U$##########################################################################################################################################$!@!<#$X0)8,*-'-12*$./$X'09$Y'-/0,4$Z)+12*'4$.,8$[249'*8$.&P/:,0+*,$######################################################$!@!@#$%,$XYZ[P3$/*,$'9-12*$,*$J':,/0$.,$4&QRR$######################################################################################################$!!!

cG&G!()!<2),+_,+!/+!031102<E+.+),!/+*!/+;_!.2;7+.+),*!9!5:6<E+55+!)3,-2)35+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!""!cG#G!N+!RQYTP!F!;)+!10-*+!+)!<2.1,+!/+!5:O\\!/3)*!53!)2;7+55+!<E30,+!#L&@8#L#M!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!"%!

5559$327F=@=!=A52$999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999$RD!PG!eV(XO!d(PQVHVPVHTO!F!V`RZNZJHO!QZQ!OaWP(\VHTO!XO\!ORPYJQPQV\!\ZNHXPHYO\!OQ!P(TOYJQO!GGGG!K#!"#$N2*8-0/9-12*$.,$4&)9>'*-1442*$#############################################################################################################################$V6!6#$H4';20'-12*$.&/*$A/,8-12**'10,$,*$41+*,$######################################################################################################$V<!

[G!eV(XO!d(PNHVPVHTO!F!RYZ^HN\S!IZVHTPVHZQ\!OV!HIRPUV\!VOYYHVZYHP(a!XO\!UHJPNHOY\!OQ!P(TOYJQO!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!Kc!"#$H4';20'-12*$./$+/1.,$.&,*-0,-1,*$#####################################################################################################################$V@!6#$N2*8-1-/-12*$.,$4&)9>'*-1442*$##############################################################################################################################$VT!<#$%,$-,001-210,$.&)-/.,$###############################################################################################################################################$VT!@#$%,$J2*.8$.,$9'0-,$#####################################################################################################################################################$VD!T#$%,8$2/-148$.&'*'4F8,$1*-,0().1'10,$###################################################################################################################$VG!

MG&G!X+*!$!>5f<E+*!130<2;0*!g!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!KD!MG#G!N+*!$!^-<E+*!*h),Ef*+A3)35h*+!g!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!%L!

C>1752$<$E$128;!7>78$9999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999$S<!59$G;5$8=67$!28$2C>1A6>678$8=!5@>5128$26$>;I21A62$K$99999999999999999999999999999999999999999999999999999999$S?!PG!RYZ^HN!\ZUHZ8OUZQZIHd(O!XO\!OQd(OVO\!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!%M![G!RYZ^HN!X:ORPYJQPQV\!\ZNHXPHYO\!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!D%!UG!RPYUZ(Y\!X:ORPYJQPQV\!\ZNHXPHYO\!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&L#!

559$53C!54>75=6$!=4>!2J$45A>!28$27$721157=5128$9999999999999999999999999999999999999999999999999999999999999999999$DD?!PG! XOTOQHY!ORPYJQPQV!\ZNHXPHYOS!(Q!RYZUO\\(\!UZQ\VY(HV!F!NO\!^PUHNHVPVO(Y\!XO!N:HIRNHUPVHZQ!UHJPNHOYO!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&&"!"#! %'$8291'418'-12*$501('10,3$4&,*:102**,(,*-$J'(141'4$########################################################################$""D!

&G&G!N:-.15-<3,-2)!<-,2h+))+S!$!;)+!,03/-,-2)!>3.-5-35+!g!]!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&&D!&G#G!I-5-+;!*2<-35!+,!*h*,f.+!/+!735+;0*!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&#L!&G@G!$!R25-,-B;+!+)!>3.-55+!gS!53!,03/-,-2)!2;70-f0+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&##!&Gc!Y31120,!9!5:30=+),!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&#@!

6#$%'$8291'418'-12*$8,92*.'10,3$4'$92*8-0/9-12*$1.,*-1-'10,$./$J/-/0$91+'41,0$##################################$"6@!#G&G!N:-)*,-,;,-2)!*<253-0+S!;)+!2;7+0,;0+!*;0!5+!.2)/+!130!53!<2))3-**3)<+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&#c!#G#G!N+*!=02;1+*!/+!13-0*!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&#M!#G@G!N+!.2)/+!102>+**-2))+5!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&#M!#GcG!I6/-3*!+,!2;703=+*!/+!06>60+)<+*!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&#K!#GMG!^5;_!.-=03,2-0+*!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&#%!#G"G!()+!10+.-f0+!-.15-<3,-2)!<-,2h+))+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&#D!

<#$=*$92*-,U-,$>18-201A/,$,-$5241-1A/,$81-/)$###################################################################################################$"<I!@G&G!N+*!3))6+*!12*,8"%!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&@L!@G#G!N3!7-<,2-0+!*2<-35-*,+!3;_!106*-/+),-+55+*!/+!&D%&!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&@L!@G@G!N+*!3))6+*!&DDL!+,!5:6.+0=+)<+!/+!5:35,+0.2)/-35-*.+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&@&!@GcG!N3!=6)603,-2)!URO!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&@#!@GMG!N3!<0-*+!/+*!$!*;410-.+*!g!+)!#LLK!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&@#!

@#$=*$41,*$5'0-19/41,0$'/$-,001-210,$#####################################################################################################################$"<<!3G!N:P;7+0=)+S!;)!,+00-,2-0+!<E2-*-!12;0!*:-)*,355+0!/;0345+.+),!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&@@!4G!N+!<E2-_!/+!53!<2..;)+!F!5+*!.2,-73,-2)*!/+!5:-)*,3553,-2)!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&@@!<G!N:-/+),-,6!,+00-,20-35+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&@"!

[G!YOJPYX!\(Y!NP!THO!UHJPNHOYO!F!$!UPYYHOYO\!gS!IZVHTPVHZQ\!OV!RYZ^HN\!XO!N:HIRNHUPVHZQ!GGGGGGGGGGGGGG!&@%!"#$B$%'$9'001?0,$C$.,$4&1(5419'-12*$91+'41?0,$###################################################################################################$"<G!

&G&G!T35+;0*!+,!)20.+*!+)!<2E60+)<+!37+<!5:20=3)-*3,-2)!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&cL!&G#G!X+*!<300-f0+*!3**2<-3,-7+*!+,A2;!125-,-B;+*S!B;-!<2..+)<+),!/3)*!5+!.2)/+!6,;/-3),GGG!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&c&!

#

&G@G!O,!*+!12;0*;-7+),!/3)*!5+!.-5-+;!102>+**-2))+5i!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&c&!&Gc!I3-*!B;-!<2..+)<+),!2;!*+!0+)>20<+),!*;0,2;,!3;!*+-)!/+!53!*1Ef0+!1+0*2))+55+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&c#!&GMG!()!0+j+,!/+*!130,-*!125-,-B;+*!,03/-,-2))+5*!]!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&cc!&G"G!X+*!<300-f0+*!/:-.15-<3,-2)!-)/-7-/;+55+!=+)06+!]!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&cM!&GKG!()!.2.+),!/+!0;1,;0+!/3)*!5+!130<2;0*!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&cM!

6#$Q*-0,0$.'*8$/*$94/;$NOMP%QR$#########################################################################################################################$"@!!#G&G!I2,-73,-2)*!/+!5:-.15-<3,-2)!<-=35-f0+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&cK!

<#$\F5242+1,$.,$502J14$###############################################################################################################################################$"T@!UG!NO\!UHJPNO\S!(Q!NOTHOY!XO!N:HIRNHUPVHZQ!NZUPNOS!OQ!^PTO(Y!X:(Q!XOTONZRROIOQV!VOYYHVZYHPN!X(YP[NO!OQ!P(TOYJQO!]!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&MM!"#$7&1*.1:1./$]$'9-,/0$-,001-201'4$########################################################################################################################$"T!!

&G&G!N+*!UHJPNO\S!;)!+*13<+!/:6/;<3,-2)!9!53!<221603,-2)!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&M"!&G#G!N+*!UHJPNO\S!;)!+*13<+!/:6/;<3,-2)!3;!>2)<,-2))+.+),!3**2<-3,->!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&MK!&G@G!N+*!UHJPNO\S!;)!+*13<+!/+!.-_-,6!*2<-28<;5,;0+5!+,!-),+0=6)603,-2))+55+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&MK!&GcG!N+*!UHJPNO\S!;)!+*13<+!/+!<063,-2)!/+!5-+)*!*2<-3;_!+,!/+!06*+3;_!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&M%!&GMG!N+*!UHJPNO\S!;)!+*13<+!/+!<255+<,+!+,!/+!<-0<;53,-2)!/+!5:-)>20.3,-2)!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&MD!&G"G!N+*!UHJPNO\S!;)!+*13<+!/+!130,3=+!/+!<2))3-**3)<+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&MD!&GKG!O,!2k!2)!1305+!/:30=+),!l!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&"&!&G%G!N+*!UHJPNO\S!;)!+*13<+!12;0!>3-0+!6.+0=+0!;)+!$!<2)*<-+)<+!,+00-,20-35+!g!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&"&!&GDG!N+*!UHJPNO\S!;)!5+7-+0!/+!5:-.15-<3,-2)!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&"#!

6#$O(5'9-8$-,001-201'/U$.,8$NOMP%QR$,*$P/:,0+*,$#####################################################################################$"!D!#G&G!\2;,-+)!9!53!<063,-2)!/:3<,-7-,6*!6<2)2.-B;+*!3)<06+*!,+00-,20-35+.+),!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&"D!#G@G!N-+)*S!06*+3;_!+,!<220/-)3,-2)!,+00-,20-35+!GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!&K#!

4=64!;85=6$A2621>!2$9999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999$DRO!56@2T$@28$85A!28$9999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999$DRU!Q5Q!5=A1>CF52$99999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999$DSH!7>Q!2$@28$3>752128$99999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999$DS?!!

Documents

Mémoire - Version finale - 12 oct claire..5 · if* *!!! * * * *! * * * * * * *! * * * *! >/5(* *! *

Mémoire - Version finale - 12 oct claire..5 · if* !!! * * ! * * * * * ! * * ! >/5( !