OGGETTO: APPROVAZIONE DEL NUOVO PERCORSO ATTUATIVO DELLA CERTIFICABILITA' DEI BILANCI (PAC BILANCI) - DGR X/7009 DEL 31/7/2017

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1 OGGETTO: APPROVAZIONE DEL NUOVO PERCORSO ATTUATIVO DELLA CERTIFICABILITA' DEI BILANCI (PAC BILANCI) - DGR X/7009 DEL 31/7/2017 IL DIRETTORE GENERALE nella persona del Dott. Carlo Nicora ASSISTITO DA: IL DIRETTORE AMMINISTRATIVO IL DIRETTORE SANITARIO IL DIRETTORE SOCIO SANITARIO DR. VINCENZO PETRONELLA DOTT. FABIO PEZZOLI DR.SSA DONATELLA VASATURO Visti il d.lgs n. 502 ed in particolare gli artt. 3 e 3bis e il d.lgs n. 229; Vista la l n. 241 e s.m.i. Nuove norme in materia di procedimento amministrativo e di diritto di accesso ai documenti amministrativi ; Vista la l.r n. 33, riguardante il testo unico delle l.r. in materia di sanità, come modificata dalla l.r. 11 agosto 2015 n. 23 Evoluzione del sistema sociosanitario lombardo: modifiche al titolo I e II della legge regionale n. 33 ; Vista la deliberazione di Giunta regionale n. X/4487 del , in attuazione della su richiamata l.r n. 23, con la quale è stata costituita a partire dall l azienda socio - sanitaria territoriale (ASST) Papa Giovanni XXIII con sede legale in Piazza OMS Bergamo - nel nuovo assetto indicato dall allegato 1 al medesimo provvedimento; Vista la deliberazione di Giunta regionale n. X/4644 del con la quale è stato nominato direttore generale dell ASST Papa Giovanni XXIII con decorrenza dall e fino al ; Vista la deliberazione n. 1 del Presa d atto della deliberazione di Giunta regionale n. X/4644 del di nomina del direttore generale dell azienda socio - sanitaria territoriale Papa Giovanni XXIII di Bergamo. Relativo insediamento ;

2 Rilevato che il responsabile del procedimento riferisce quanto segue: - il Decreto Ministeriale certificabilità del impone che le Regioni presentino un programma d azione definito Percorso attuativo della certificabilità (d ora in poi PAC bilanci) finalizzato al raggiungimento degli standard organizzativi, contabili e procedurali necessari a garantire la certificabilità dei dati e dei bilanci degli enti sanitari pubblici e dei bilanci sanitari regionali consolidati; - il Decreto Ministeriale PAC bilanci dell' dispone che gli enti del Servizio Sanitario Nazionale devono garantire, sotto la responsabilità e il coordinamento delle Regioni di appartenenza, la certificabilità dei propri bilanci; - con deliberazione n del è stato approvato il PAC (percorso attuativo della certificabilità) del bilancio dell azienda ospedaliera Papa Giovanni XXIII (ora ASST Papa Giovanni XXIII) secondo la checklist di certificabilità inviata da Regione Lombardia; - con deliberazione della Giunta Regione Lombardia n del è stato richiesto ai ministeri competenti una revisione del PAC con la previsione di un termine del percorso di attuazione con scadenza almeno al , al fine di far coincidere tale data con la scadenza del primo triennio di sperimentazione della riforma regionale ex L.R. n. 23/2015 e mettere a disposizione della nuova organizzazione regionale e aziendale un congruo periodo di tempo per il percorso di attuazione garantendo la necessaria flessibilità in funzione delle integrazioni normative o legate a regole di governo stabilite dal Ministero; - con deliberazione della Giunta Regione Lombardia n. X/7009 del è stato approvato il nuovo PAC dei Bilanci degli enti del SSR (PAC) con il relativo cronoprogramma di azioni per il conseguimento di ogni obiettivo previsto dal D.M. PAC dell' ; - il nuovo PAC bilanci di Regione Lombardia prevede la sua applicazione suddividendo il piano in 9 aree e cicli di bilancio, ciascuna area è suddivisa in obiettivi, 53 in totale, il cui raggiungimento avviene attraverso 162 azioni, così come indicato dal piano allegato alla presente delibera di cui fa parte integrante; - la Regione Lombardia, con nota prot. n. A del , ha disposto che ciascuna azienda sanitaria del SSR provvede a depositare in SCRIBA il provvedimento di recepimento del nuovo PAC dei bilanci; le aree previste sono 7: requisiti generali, immobilizzazioni, rimanenze, crediti e ricavi, disponibilità liquide, patrimonio netto, debiti e costi, le cui scadenze da rispettare sono le seguenti: SEZIONE Area Scadenze A) AZIENDE Dicembre 2019 REQUISITI B) GSA Dicembre 2018 GENERALI C) CONSOLIDATO REGIONALE Dicembre 2018 D) AREA IMMOBILIZZAZIONI Giugno 2018 E) AREA RIMANENZE Dicembre 2018 CICLO ATTIVO F) AREA CREDITI E RICAVI Giugno 2019 G) AREA DISPONIBILITA Giugno 2019 CICLO PASSIVO E NETTO LIQUIDE H) PATRIMONIO NETTO Giugno 2018 I) AREA DEBITI E COSTI Dicembre 2019

3 - con nota prot. n. A del , Regione Lombardia ha altresì indicato che l applicazione del PAC bilanci avverrà nel seguente modo: a) avvio del percorso con redazione ed emanazione della linee guida regionali per ciascuna area del PAC con possibilità di modifiche/integrazioni a seguito dei feedback pervenuti dalle aziende sanitarie; b) fase della predisposizione delle procedure dove per ciascun obiettivo e azione è prevista una scadenza entro la quale le aziende devono predisporre le procedure; c) fase della implementazione delle procedure dove per ciascun obiettivo e azione è prevista una scadenza entro la quale le aziende devono, in base a degli standard organizzativi, procedurali e contabili, applicare le procedure all interno dei processi amministrativo-contabili aziendali; d) fase delle revisioni limitate: Regione Lombardia si riserva la possibilità di definire con successivo provvedimento eventuali modalità di effettuazione delle stesse e relative tempistiche, da concordare con le aziende sanitarie nel rispetto delle scadenze di implementazione delle procedure previste nella deliberazione di Giunta di approvazione del PAC dei bilanci degli Enti del SSR di cui alla L.R. n. 23/2015, della gestione sanitaria accentrata e del consolidato regionale ai sensi del D.M ; - il percorso PAC dei bilanci ha come obiettivo la verifica della qualità dei dati contabili, attraverso la predisposizione e validazione di procedure amministrativocontabili e coinvolge tutti i processi aziendali; con successivi provvedimenti, saranno individuati il percorso organizzativo e i gruppi di lavoro multidisciplinari (team di processo) per le aree tematiche previste che l ASST applicherà per la realizzazione del piano PAC bilanci; Acquisito il parere del direttore amministrativo, del direttore sanitario e del direttore sociosanitario. DELIBERA 1. di prendere atto della DGR n del 31 Luglio 2017 con la quale è stato approvato il nuovo Percorso Attuativo della Certificabilità (PAC) con il relativo cronoprogramma di azioni per il conseguimento di ogni obiettivo previsto dal D.M. PAC dell' che prevede le seguenti aree di attività con le relative scadenze: SEZIONE Area Scadenze A) AZIENDE Dicembre 2019 REQUISITI B) GSA Dicembre 2018 GENERALI C) CONSOLIDATO REGIONALE Dicembre 2018 D) AREA IMMOBILIZZAZIONI Giugno 2018 E) AREA RIMANENZE Dicembre 2018 CICLO ATTIVO F) AREA CREDITI E RICAVI Giugno 2019 G) AREA DISPONIBILITA Giugno 2019 CICLO PASSIVO E NETTO LIQUIDE H) PATRIMONIO NETTO Giugno 2018 I) AREA DEBITI E COSTI Dicembre di recepire il nuovo percorso attuativo della certificabilità (PAC) definito da Regione Lombardia costituito da obiettivi e azioni con le relative scadenze e dalla relazione di

4 accompagnamento al PAC, quale PAC aziendale Allegato 1) del presente provvedimento; 3. di dare atto che con successivi provvedimenti, saranno individuati il percorso organizzativo e i gruppi di lavoro multidisciplinari (team di processo) per le aree tematiche previste dal PAC. IL DIRETTORE GENERALE Dott. Carlo Nicora Il responsabile del procedimento: dr. Antonella Coccoli UOC Programmazione, finanza e controllo Documento prodotto in originale informatico e firmato digitalmente dal direttore generale ai sensi del Codice dell amministrazione digitale (d.lgs. n. 82/2005 e s.m.i.)

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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

7 % & & % 5 BCC2 >B:42 BNVZN^QV +*)% '& '' '% ' >?C6 +**%2CB 56<<;>BD3A;2 >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 +:<6F2B6 8<: 2C@ 6DD: 86:?>2<: 6 4?>D23:<: 56 <<6 C4?BD6 82B2>D6>5?E>25 68E2D?<:F6<<?5 4?BB6<2H:?>6 DB2 : 5 E6 _V_`RYV) ( >D68B2H:?>6 7B2 :<C:6 = 25 : 4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : = 282HH:>? 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2bR^VSVPN) ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C:5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>]aR_`V[ZR) :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< 6 B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (.D:<:HH?5 :E>C:6= 24?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D?7B2?B5 :>:6= 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6>D2H:?>: :>EC4:D2 5 6<<2 = 6B46 4?>B:76B:= 6>D? 2<<2 4?BB6<2H:?>6 DB2 8<:?B5 :>: 5 B6<:6F? 52 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6 >D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 2 4?>D23:<6 86 :?>2<6 6 B= 6DD2 :<B277B?>D? 2ED?= 2D:4??= 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?56 <<6 = 6B4: :>45 D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ;RSVZVdV[>6 5 : B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 : :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6 C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 SaZdV[ZV),3 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6 F2H:?>6 6 <2 DB244:23:<:DO 56 8<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 :E>@ B?46CC?5 :DB244:23:<:DO56 8<:C42B:49:5 := 282HH:>?6 5 6 :DB2C76B:= 6 >D: NX ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?@?>5 6 B2D? ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5: 4?BB6 H:?>6 6 B?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C4256 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 +6 8:?>6 %?= 32B5 :2 C:B:C6 BF2 5 : 5 6 7:>:B6 4?>CE446 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6 <<6 72C: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 56 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:5 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2bR^VSVPN) ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6 BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6 : E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :25 68E2= 6>D?56 :C2<5 :5 : 3:<2>4:?4?= 6 4?>C68E6 >H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56 <<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56 <<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( 6 7:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6 B7:>2>H:2= 6 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<:6 2<DB:2DD: 5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46C6B4:H:? B62H:?>: 6B?82D6 2H:6>D: B68:?>2<: 65 6GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6=?5 :7:42B6?6:>8E6 B6 :4B6 5 28>2D252 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6 F2H:?>6 6 :56>D:7:49: <2 5?4E= 6>D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6<2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H = 6>D?

8 % & & % 5 BCC2 >B:42 BNVZN^QV +*)% '& 4;CC2 '% ' >?C6 +**%2CB 56<<;>BD3A;2 >?C6 BC2>52A5 ( 67:>:H:?>6 5 : B?465 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 56<<6 2<DB6 D:@?<?8:6 5 : B:42F? <<6 C?@ B2FF6 >:6 >H6 6 :>CECC:6 >H6 2DD:F6 496 :>5 :49: <6 2ED?B:HH2H:?>: <6 =?5 2<:DO 6 <6 ::496 5 : P[Z`NOVXVddNdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4?BB6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: :>7<E:B6 CE<F2<?B6 5 68<:6 CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 6 7:>:H:?>6 5 : B?46 5 EB2 NYYVZV_`^N`Vb[(4?>D23:< B2>D:C42 :< 4?BB6 DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B6 5 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 2= = :>:B2D:F? 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 B?46 5EB22= = 6 B<2B:<6F2H:?>6 6 :<=?>:D?B288:? 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46 C6B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6>H25 6B:?5?56 <<6?@ 6B2H:?>: >>?86>6B2D? 4B6 5 :D: 6 B:42F: ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 2CC:F: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 6B<2 B:4?>4:<:2H:?>6 DB2 : 4B65 :D: F6 BC? <?,D2D? :C4B:DD: >6 < 3:<2>4:?5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6<3:<2>4:?B68:?>2<6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? >?>49P DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 < 3:<2>4:? 5 6 <<2, 6 : B6 C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 2: 7:>: 5 6 <<2 F6 B:7: <<2 4?BB6 DD2 AE2>D:7:42H:?>6 5 6 : 4B6 5 :D: F6 BC?<?,D2D?6 F6 BC?<2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:?5 6 <<2 >H7) ( ) B65 :C@?C:H:?>6 5 : B?C@ 6 DD?5 : 6B:?5 :42DB2 : 4B65 :D: F6BC?<?,D2D?B:<6F2D: 776DDE2B6 2DD:F:DO 5 : B:4?>4:<:2H:?>6 DB2 4B65 :D: F6BC? <?,D2D? :C4B:DD: >6<3:<2>4:? 5 6<<2, 6 : B6C:5 2CC:F: >6< 3:<2>4:? 5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B68:?>2<6 B:6 >DB2>D: >6<<2 :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:? 5 6 <<2, 6 : B6 C:5 6B:= 6DB2H:?>6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6<<?,D2D? >?>49P DB2 : 4B65 2CC:F: :C4B:DD: >6 : 42@ :D?<:5 : 3:<2>4:?B6 8:?>2<6 F6BC? <2 +68:?>6 B:<6F2D: >6<3:<2>4:? 5 6<<2, 6 : 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 B:6 >DB2>D: >6 <<2 \R^VYR`^NdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 B6 F6 5 2 <2 2B2H:?>6 5 6 : :D: <<6 B6C@?>C23:<:DO 5 6<<6 5 :F6 BC6 72C: 5 6<<2 86:?>6 56<<6 8:246>H6 5 : 42CC2 6 4?>?= 2<6 6 B:C4?CC:?>6 5 :B6DD <<6 B68:B2H:?>: 5 68<: :>42CC: 282= 6>D: 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<286:?>6 5 6<<6 8:246>H6 5 : 42CC264?>?= 2<6 6. ) : 4B6 5 :D: 5 6 3:D: F6 BC?<:DED?IR_[^VR^R) ( ED?B:HH2H:?>6 5 6<<6 5 :C@?C:H:?>:5 282= 6>D?5 2BD6 5 6BC?>2<6 4?>25 68E2D6 6 D6 >H <6 896 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 6 <2 2B2H:?>6 5 : :D: 6 B6C@?>C23:<:DO DB2 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:<6 5 : B:42F: 6 4B6 5 :D: 6 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:< <: VZPN 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<: 5 : B:42F:4?:4B65 :D: 5 63:D: 6 <6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :>42CC: 282= 6>D: ( 6 7:>:H:?>6 5 B?46 5 EB2?@ B6F6 56 2B2H:?>6 5 : :D:6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 :B:<6F2H:?>6 4?>D23:<6 5 :4?: :D:6 <6 2DD:F:DO5 :B:<6F2H:?>6 4?>D23:< = 6>D: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( +:C4?>DB2B6 <6 B:CE<D2>H6 4?>D23:<:5 : 42CC24?><6 8:246 >H6 6776DD:F6 25 E>246BD25 2D2 D6>6>5?4?>D?2> : = 2>52D: 6 B6F6BC2<: :>C?C@ 6C? ( +:C4?>DB2B6 <6 B:CE<D2>H6 4?>D23:<:B6<2D:F6 2:4B65 :D:65 2:5 63:D: F6BC?<:DED?-6 C?B:6B6 4?> 8<: 6 B2DD: 4?>D? B:= 6 CC: 5 28<: 6 CC: ::DED: 5 : 4B6 5 :D? +62<:HH2B6 6B:?5 :4: 2BD6 5 6 BC?>2<6 :>D6B>?D6BH?5 2<<6 7E>H:?>:5 :D6C?B6B:2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6 \^[bf65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:425 B6C6>H256: 5?4E= B?F2>D:<6?@ 6B2H:?>:5 : :>42CC?@ B6CC?<:DED? -6C?B:6B6?:>42CC2 6 4?>DB?<<?AE2<:D2D:F?5 :D2<:5?4E= 6>D:2<7:>6 5 : B?F2B>6 <2B6<2D:F2 B6 8:B2H:?>6 :>4?>D23:<:DO ( /6 B:7: B6 C6 >H2 5 6 : 5?4E= 6 >D: B?F2>D: <6?@ 6 B2H:?>: 5 282= 6 >D? DB2= :D6 <:DED? -6C?B:6B6 6B42CC2 6 4?>DB?<<? AE2<:D2D:F? 5 : D2<: 5?4E= 6>D: 2< 2B2>D:B6 496 DEDD6 <6?@ 6B2H:?>:5 :42CC26 32>42C:2>?4?BB6 52D6 525?4E= 6 >D: :5?>6 :4?>DB?<<2D:25 B?F2D: 7:>6 5 : B?F2B>6 <2B6<2D:F2B68:B2H:?>6 B:= <<2 <?B?B:<6 F2H:?>6 4?>D23:<6 >5 :42B6,?' 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( /6 B:7:42 5 : 4? B:C@?>5 6 >H2 DB2 B:49:6 6 5 : 24AE:??776 BD6 B:46 FED6 5 2: 7?B>:D?B: 6?B5 :>: 5 : 24AE:?6 = 6 CCV) ( /6 B:7:42 5 : 4? 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42?B>:B6 :5?>6 : 6<6= 6>D: 5 : := B6F:C:?>6 5 6 : 5 63:D: 5 : 4E: C: 4?>?C46 <6C:6>H2 = 2 >?> <2= =?>D2B6 = 6 B4: 24AE:C:D6? C6BF:H: B:46 FED: C6>H2 496 C:2 2D2 B:46FED2 6 4?>D23:<:HH2D2 <2 B6 <2D:F2 72DDEB2 5 63:D: 2 <E>8? D6 B= :>6 B6 >C:F: 5 6 8<: :>D6 B6 6 B: AE2<: B?3<6 = : 5 : F2<ED2H:?> :D: CE: AE2<: C:2>?= 2DEB2D: :>D6B6 CC:?@ 6>2<:DO5 2 :>C6B:B6 :>3:<2>4:?B:C49: 4?>4B6D:HH2D: :>5 63:D:PR^`V) ( 7>2<:C:5 6<<25?4E= 6>D2H:?>6 2DD62>D6 :<B:46F:= 6>D?5 := 6B4: 6?<6 C64EH:?>6 5 6B V ]anxv _V l VZ N``R_N QRXXN SN``a^N NX SVZR QV ^VXRbN^R VZ P[Z`NOVXV`k V ^RXN`VbV QROV`V \R^ SN``a^R QN ^VPRbR^R) ( >2<:C:5 6 B:>4:@ 2<:7?B>:D?B:2<7:>6 5 : :>5 2CC:F:DO>?>B68:B2D6 2>496 2<<2<E <: 68>:C?DD?C4B:DD:5 6 :3E586D6 5 68<: B6465 6>D6 ( >2<:C:6 F2<ED2H:?>6 5 6 :5 6B:AE2<:CECC:?>?@ B?3<6= :5 :F2<ED2H:?>6 25 6C6 :? <682D: 25 <EB:6>>2<: 6 5 >H:2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 496 :5 6 >D:7:49: : :D: 6 <6 B6 C@?>C23:<:DO 4?>>6 CC6 2<<6 5 :F6 BC6 72C: <682D6 2<<2 86:?>6 6 2<<2 B:<6F2H:?>6 5 6 : DB2DD2= 6>D: 64?>?= :4: 6BC?>2<6 5 :@ 6 >5 6 >D6 >?>5 :@ 6 >5 6 >D6 E>:F6 BC:D2B:?6 4?>F6 >H:?>2D? ( 88:?B>2= 6>D? 6:F? 56 <<6 2>28B27: BC?>2<6 5 :@ 6>5 6>D6 2CC:= :<2D? 2 5 :@ 6 >5 6 >D6 E>:F6 BC:D2B:? : = 6 5 :4: 4?>F6 >H:?>2D: & & ) %, 0,. & /6 D6 B:>2B:?>D:>E:DO 7 V_`RZd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bVQRZdVNXR) C@ 6 4:7:4:6>D:6 :F2<?B: :C4B:DD: :>4?>D23:<:DO86>6B2<6 ( 6 D6 B= :>2H:?>6 5 6 : 7?>5 : 4?>DB2DDE2<: 5 : 6 D6 >H2 6 >?>@ 282D: ( >2<:C: 6 := 256 8<: 2442>D?>2= 6>D: 4?>>6 CC: 2: B:>>?F: 4?>DB2DDE2<: C@ 6DD2>D: 2<@ 6BC?>2<6 QV\RZQRZ`R) ( 6B:?5 :425 68<:C4?2= 6>D:5 6 :4?:5 6<@ 6BC?>2<6 B:C@ 6 6B:?5 B6465 6>D:2<7:>6 5 : F6B:7:42B6 <2B28:?>6F?<6HH25 6 : 4?: = 6 >C:<: 6 56 <<6 B6DB:3EH:?>: 6B?82D6 ( & E>D?5 :E>7<ECC?:>7?B= 2D:F?@ 6B:<=?>:D?B288:?5 B62H:?>:6776DDE2D6 5 6BC?>2<6 2CC:= :<2D?2<5 :@ 6>5 6>D6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 F?<D2 2<<:>5 :F:5 6 B<6 5 :F6BC6 D:@?<?8:6 5 : 5 63:D: 5 : :D: 6 B6C@?>C23:<:DO 4?>>6 CC6 2<<6 7E>H:?>: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 6 86:?>6 56< 5 63:D?6 5 6 :4?BB6<2D:4?:496 B:C@ 6DD: :<@ B:>4:@ :?56 2B2H:?>6 56 <<6 2B2B6 2568E2D2= 6>D6 : :D:6 B6C@?>C23:<:DO>6<<6 72C:5 :24AE:C:H:?>6B:<6F2H:?>6 6 86:?>6 56 <5 63:D?6 5 6 : 4? B6 <2D: 4?: + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2ZV`N^VR

10 % & & % 5 BCC2 >B:42 BNVZN^QV +*)% '& '' '% ' >?C6 +**%2CB 56<<;>BD3A;2 >?C6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( +:C4?>DB?5 6 <<6 B:CE<D2>H6 4?>D23:<: 5 6 << H:6 >5 2 4?>8<: 6 B2DD: 4?>D?:>F:2D: 5 2: 7?B>:D?B: _a B:49:6 2 C4B:DD2 DB2C= 6 CC2 5 2<< H:6 >5 2 6 CC2 ( /6B:7:42 5 6<<2 6F6>DE2<6 >646CC:DO 5 : 25 68E2= 6>D? 5 6 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 5 <:42H:?>6 5 6 : B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6G %8C 5 : 4? B6H:?>6 6 B?B:5 :256 8E2= 6 >D??2<<:>6 2= 6>D?4?><6 4?>D23:<:DO _RdV[ZNXV) +62<:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: P^RQV`[^V) +6 8:?>6 %?= 32B5 :2 C: B:C6BF2 5 : 567:>:B6 4?> B?FF6 5 := 6 >D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 C2>:D2B:6 +68:?>6 %?= 32B5 :2 C: B:C6BF2 5 : 567:>:B6 4?> B?FF65 := 6>D? 6F6 >DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56 <<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 :?>6,6 B >D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( E^RQV_\[_VdV[ZR 5 : 2>2<:C: 5 6 8<: C4?2= 6 >D: C:8>:7:42D:F: 5 6 : 5 6 3:D: : 4?: 4?>CE>D:F: B:C@ 6 DD?28<: 6 CC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD? 2<3:<2>4:?5 :\^RbV_V[ZR) +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 563:D:6 4?:5 6<@ 6B:?5?4?BB6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 +6 8:?>6 %?= 32B5 :2 C: B:C6BF2 5 : 567:>:B6 4?> B?FF6 5 := 6 >D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56<<6 6CC6 6 B6<2D:F6 `RY\V_`VP965 24?>4?B52B6 4?><6 H:6>56 C2>:D2B:6 +68:?>6 %?= 32B5 :2 C: B:C6BF2 5 : 567:>:B6 4?> B?FF65 := 6>D? 6F6 >DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56 <<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 6B<2 B:4?>4:<:2H:?>6 DB2 : 56 3:D: F6BC? <6 H:6>5 6 2<>6DD? 5 68<: 244?>D: 8:O 6B?82D: :C4B:DD: >6<3:<2>4:? 5 6<<2, : 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 6<3:<2>4:? B68:?>2<6 6 : 4B65 :D: F6BC? <2 +6 8:?>6 2<>6DD? 5 68<: 244?>D: 8:O :>42CC2D: :C4B:DD: >6 : 3:<2>4: 56<<6 H:6>56 2:7:>:5 6<<2F6B:7:425 6<<24?BB6DD2AE2>D:7:42H:?>6 56: 56 3:D:F6 BC?<6 H:6>56 :C4B:DD: >6 < 3:<2>4:?5 6<<2, ( ) B65 :C@?C:H:?>6 5 : B?C@ 6DD? 5 : 6B:?5 :42DB2 : 56 3:D: F6BC?<6 H:6 >5 6 :C4B:DD: >6<3:<2>4:? 56<<2, : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 56<3:<2>4:?B68:?>2<6 6 : 4B6 5 :D: F6BC?<2 +68:?>6 :C4B:DD: >6 : 3:<2>4: 56 <<6 H:6> DDE2B6 2DD:F:DO5 :B:4?>4:<:2H:?>6 DB25 63:D:F6BC?<6 H:6>5 6 :C4B:DD:>6<3:<2>4:?5 6<<2, :B6C:5 2CC:F: :C4B:DD:>6 :42@ :D?<:5 :3:<2>4:?B68:?>2<:6 :4B65 :D: F6BC?<2+68:?>6 B:<6F2D:>6 :3:<2>4:5 6<<6 2H:6> :?>6 %?= 32B5 :2 C: B:C6BF2 5 : 567:>:B6 4?> B?FF6 5 := 6 >D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6F6 >DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56 <<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

11 % & & % 5 BCC2 >B:42 BNVZN^QV ( 67:>:H:?>6 5 :25 B?465 EB6?@ 6 B2D:F6 :>8B25?5 :72B7B?>D6 28<:?33<:89:>?B= 2D:F: 6 2: B:C49: 2H:RZQNXV) ( DD:F2H:?>6 5 : E> C:6= 6B<2 B244?<D2 6 <2 5 :FE<82H:?>6 56<<6 <688: : B68?<2= 6>D: 496 4?>C6>D2 :< =?>:D?B288:? 4?2>D6 56 : 42= 3:2= 6>D: >?B= 2D:F: =?5 :7:496 2>496 2B2D?2= = :>:B2D:F??B82>:HH2D:F?6 4?>D23:<6 QRXX7dVRZQN) ( 5?H:?>6 5 : E>4?5 :46 6D:4?6 5 6?>D?<?8:4?4?>7?B= 6 B6F::5 2<<2>?B= 2D:F2 ) B6F6 >:B6 65 :5 6>D:7:42B6 6F6>DE2<: 6>D: >?> 4?>7?B= : 2 <688: 6 B68?<2= 6 >D: :2>? 2DD? bvtrz`r) C:8>:7:42D:F? :> 3:<2>4:? 2DDB2F6BC? 25 :? :< =?>:D?B288:? 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?46 5EB6?@ 6B2D:F6 2DD6 282B2>D:B6 B?D6H:?>6 6 <2C2<F28E2B5 :256: 36 >: >?>49Q<2446BD2= 6>D?5 6<5 :B:DD?5 B?@ B:6DOCE<<6 VYY[OVXVddNdV[ZV) ( >F6>D2B:2H:?>6 D6 6:F25 6 : 36>: ^VPRba`V) ( :DEH:?>6 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?465 EB6 2DD6 282B2>D:B6 :<4?>DB?<<?CE<<2 5 :C= :CC:?>6 5 6 : 46 C@ :D: ) B?D6 886 B6 6 C2<F28E2B5 2B6 : 36 >: ( /6B:7: <: :>4B6= 6 >D: 56: 4?>D: := =?3:<:HH2H:?>: = 2D6B:2<: 6 := =?3:<:HH2H:?>: := = 2D6B:2<: C:2>? 52 2DD6>5 :3:<: := 6 4?>7?B= :?F6 <:423:<: 2<<2 42C::42 <:42D:F2 6 2: ) B:>4:@ :?>D23:<: 5 : B:76 B:= 6 >D? >?>49Q 5 2<<2 5?4E= 6 >D2H:?>6 B:<6 F2>D DD6 : :< DB2C76 B:= 6 >D?5 6 <36 >6 7:4:?6 5 6 <B:C49:?4?>>6 B?@ B:6 DO 5 6 <<6 _`R R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6 \^[bf65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:42 6 2>2<:C: 5 2BD6 5 6 <<2 :B6 H:?>6 6 >6 B2<6 5 6 <<6 6 C:86 >H6 5 : :>F6 := 6 >D? 5 6<< H:6>5 6B:<@ 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<65 6<<6 4?>?= :4:DO5 68<: :>F6:= 6>D: 6 5 6<<6 5 :C@?>:3:<:DO 5 : 7:>2>H:2= 6>D? :> =?5? 5 B:56 >D:7:42B6 <6 24AE:C:H:?>: DDE2B6 6 B:?B:DO 5 : 2DDE2H:?>6 ( ) B65 :C@?C:H:?>6 2>>E2<6 6>DB? <2 7:>6 56 <<6C6B4:H:? :> 6B<6C6B4:H:? CE446CC:F? 5 2BD6 5 6<<. 77:4:? -64>:4? 6? 5 6<<>868>6B:2 <:>:42 :> 4?<<23?B2H:?>6 4?> :<, 56 :2>? 5 68<: :>F6:= 6 >D: B6>C:F? 5 6<<6 = 2>ED6 >H:?>: B2?B5 :>2B:6 5 : >2DEB2 :>4B6= 6B 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<6 ) B65 :C@? B64?>425 6>H22<= 6>?2>>E2<6E>@ :2>?5 68<: :>F6:= 6>D: ( 6B:?5 :4? 5 6 : 5 2D: 4?>CE>D:F: 4?> :<@ :2>? 5 68<: :>F6 := 6>D: 6 B:F:C:D2H:?>6 :> 42C? 5 : C4?2= 6>D: C:8>:7:42D:F: 5 :2>? :> 32C6 2<<6 >E?F6 6 C:86>H6 5 : :>F6:= 6 6B B?F2H:?>6 5 2BD6 5 6<<2 :B6 B6F:2F6B:7:4256 <<2C?6>:3:<:DO >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( >5 :F:5 E2H:?>6 56 <<6 7?>D: 5 : 7:>2>H:2= 6>D? 4?>DB:3ED: :>4?>D? 42@ :D2<6 4?>DB:3ED: :>4?>D? 6C6B4:H:? 4?>76 B:= 6>D: <2C4:D: 6 5?>2H:?>: 6B<24AE:? 5 6 : 46C@ :D: 496 <2 F?46 56 <<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 B:4?>4:<:2H:?>6 4?><6 B6<2D:F6 F?4: 5 : ) 2DB:=?>:?' 6DD? >5 :F:5 E2B6 2B2D2= 6>D6 :46C@ :D:24AE:C:D:4?>4?>DB:3ED: :>4?>D?6C6B4:H:? :4?>76B:= 6>D: :<2C4:D:<6 Q[ZNdV[ZV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

13 % & & % 5 BCC2 >B:42 BNVZN^QV +*+%2CB ' >?C6 +*,%2CB % + >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 :4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : YNTNddVZ[ 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<:2C@ 6DD:86:?>2<:6 4?>D23:<:5 6<<6 C4?BD6 82B2>D6 >5?E>25 68E2D?<:F6<<?5 4? B6<2H:?>6 DB2 :5 E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F? B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C: 5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< H:6>5 6B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (. D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6 B= 6DD2 :<B277B?>D?7B2?B5 :>: 6 = 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6 >D2H:?>: :> EC4:D2 5 6 <<2 = 6 B46 4?> B:76 B:= 6 >D? 2<<2 4? B6 <2H:?>6 DB2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 24?>D23:<686 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6>D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6 B= 6DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6 DD2 :<B277B?>D?2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?56 <<6 = 6B4: :>45 D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 `RY\V_`VPUR5 24?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 : :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6 C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6F2H:?>6 6 <2 DB244:23:<:DO 5 68<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 : E>@ B?46CC?5 : DB244:23:<:DO56 8<: C42B:49: 5 : = 282HH:>?6 5 6 : DB2C76B:= 6 >D: 2< ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?@?>5 6 B2D? ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5 : 4?BB6 H:?>6 6 B?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F? :>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C4256 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 +68:?>6 %?= 32B5 : 56 7:>:B6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6 <<6 72C: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 56 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:5 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6 BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6 : E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:? 5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( 6 7:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<:6 2<DB:2DD: 5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46C6B4:H:? B62H:?>: 6B?82D6 2H:6>D: B68:?>2<: 65 6GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6=?5 :7:42B6?6:>8E6B6 : 4B65 :D: 28>2D25 2 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 D6 ::496 5 : B:<6F2H:?>6 6 :56>D:7:49: <2 5?4E= 6>D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6 <2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H = 6>D?

14 % & & % 5 BCC2 >B:42 BNVZN^QV +*+%2CB ' >?C6 +*,%2CB % + >?C6 BC2>52A5 ( 67:>:H:?>6 5 B?46 5EB25 : 4?>DB?<<?CE<<2B:<6F2H:?>6 5 6<<6 2<DB6 D:@?<?8:6 5 :B:42F?6 5 6<<6 C?@ B2FF6 >:6>H6 6 :>CECC:6>H6 2DD:F6 496 :>5 :49:<6 2ED?B:HH2H:?>:<6 =?5 2<:DO6 <6 ::496 5 : P[Z`NOVXVddNdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6 >D: >6 82B2>D:C42 :< 4? B6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: : CE<F2<?B6 5 68<:6CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 67:>:H:?>6 5 : B?46 5EB2 2= = :>:B2D:F?(4?>D23:< B2>D:C42 :< 4?BB6DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 5 6<<6 B6 DD:7:496 2: 4B65 :D: 6 2: B6 <2D:F: B:42F: 2 C68E:D? 5 6 : 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 2= = :>:B2D:F? 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 : B?46 5EB22= = 6B<2B:<6F2H:?>6 6 :<Y[ZV`[^NTTV[ 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46 C6B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6>H25 6B:?5?56 <<6?@ 6 B2H:?>:496 92>>?86 >6 B2D?4B65 :D:6 B:42F: ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 2CC:F: >5 :42B6,?' 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( ) B65:C@?C:H:?>6 5 : B?C@ 6DD?5 : B:4?>4:<:2H:?>6 DB2 :<F2<?B6 5 6<<6 5?>2H:?>:4?>76B:= 6>D: 6 <2C4:D: F:>4?<2D: 25 :>F6:= 6>D: B:CE<D2>D: 5 28<: 2DD: 5 : 5?>2H:?>6 :<F2<?B6 :>42CC2D? 6 8<: 5 E>DE2<= 6>D6 : 4?>76B:= 6>D: <6 5?>2H:?>: 65 : <2C4:D: F:>4?<2D: 2 :>F6:= 6>D: 6 <2 B:4?>4:<:2H:?>6 '10'22''+,+2 ')'2 +)) )1 '2'5'+,)2' +512'* +2'A> C:6 = 2D:42DB24?>76B:= 6>D: 5?>2H:?>: 6 <2C4:D: F:>4?<2D: 2 :>F6:= 6>D: 65 : 4?BB6<2D: 46C@ :D: 42@ :D2<:HH2D:>?>49Q DB22= =?BD2= 6>D: 6 6B:<:HH2H:?>:496 >6 5 :C46>5?>? ( ) B65 :C@?C:H:?>6 5 : B?C@ 6DD?5 : B:4?>4:<:2H:?>6 DB2 :<F2<?B6 5 6 : 46 C@ :D: 24AE:2D: = 65 :2>D6 4?>76 B:= 6 >D: 5?>2H:?>: 6 <2C4:D: F:>4?<2D: 25 :>F6 := 6 >D: 6 : B6 <2D:F: 7:>2>H:2= 6 >D: D6 >6 >5? 4?>D? 2> <: 2= =?BD2= 6>D:6 5 6<<6 6B:<:HH2H:?>:496 >6 5 :C46>5?>? + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 ^RXN`VbR :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 _NZV`N^VR,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 2B2H:?>6 5 6<<27E>H:?>6 B:49:65 6>D6 B:C@ 6DD?2<<27E>H:?> = 6 DD6 <?B5 :>6 5 : 24AE:? 2B2H:?>6 5 6<<27E>H:?>6 24AE:: B:C@ 6DD?2<<27E>H:?> DDE2<6 B6 8:B2H:?>: :> P[Z`NOVXV`k) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 496 :5 6 >D:7:49: B6 C@?>C23:<:DO =?5 2<:DO 6 D6 : 5 6 <<6?@ 6 B2H:?>: 4?>>6 CC6 2<<6 C@ <6 D2= 6 >D? 5 6 B?46 5 EB6 5 : 6 B<2 7?B>:DEB2 5 : 36 >: 6 C6 BF:H: 6 8<: 2<D:5 E33<:4: :><:>6 24?><6 5 :C@?C:H:?>:>2H:?>2<: 6 B68:?>2<: :C4:@ <:>2B6 8<: B?FF:8:?>2= 6>D: 5 : 36>: 6 C6BF:H: C2>:D2B: 6 >?>C2>:D2B:5?4E= 6>D2>5? 6 7?B= 2<:HH2>5? :< 7<ECC?:>7?B= 2D:F?6 <6 72C: 5 B?465 EB25 : 24AE:C:H:?>6 5 6 : 36>: 6 C6 BF:H: C2>:D2B: ( 6 7:>:H:?>6 5 : B?46 5EB2?@ 6B2D:F2496 :5 6>D:7:49: B6C@?>C23:<:DO=?5 : 6 4?>DB?<<:56 <<6?@ 6 B2H:?>:4?>>6CC6 2<<24AE:?5 :36>:6 6B:AE2<:>?>C:2?33<:82D?B:2= B6F:?:<B:4?BC?282B6 288B682D6?:>5 :F:5 E2<: ( >F:?5 6 8<:?B5 :>: 5 : 24AE:?2: 7?B>:D?B: 4?>6 F:5 6 >H2 5 6 <<2ED?B:HH2H:?>6 5 2BD6 5 : E> 7E>H:?>2B:?5 B?@ B:2D?<:F6<<? >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 :682B6 5?4E= 6>D: :5?>6 : 65 B?F2D: <2C4:2>5? DB244:2 5 6 : 4?>DB?<<: CF?<D:?8>:?@ 6 B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6:>8E6 B6 : 563:D: 5 6F6 6CC6B6 B?F2D ?4E= 6>D: 496 C:2>? 4?>DB?<<2D: 65 B:= 25 6<<2<?B?B:<6F2H:?>6 P[Z`NOVXR) ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F? 4?>D23:<6 B6F ?8>:?@ 6 B2H:?>6 CEC46 DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 5 6 3:D: C: E2D2 5?4E= 6>D2H:?> D2<:5?4E= 6>D: C:2>?4?>DB?<<2D:6 5 B:= 25 6<<2<?B?B:<6F2H:?>6 P[Z`NOVXR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:42 5 : 4? B:C@?>5 6 >H2 DB2 B:49:6 6 5 : 24AE:??776 BD6 B:46 FED6 5 2: 7?B>:D?B: 6?B5 :>: 5 : 24AE:?6 = 6 CC: ( /6 B:7:42 5 : 4? B:C@?>5 6 >H2 DB2 <?B5 :>6 5 : 24AE:? 6 :<5?4E= 6 >D?5 : DB2C@?BD?? 5?4E= 6 >D? :>5 :42>D6 <2FF6 B6 2H:?>6 5 6<C6BF:H:? 6 <272DDEB25 B:= 25 B?465 6B6 2<<2 B:<6F2H:?>6 5 : AE6E<D:= 2 :>4?>D23:<:DO86>6B2<6 ( /6B:7:425 6<<25 6B6>H25 6<DB2DD2= 6>D?7:C42<6 4?><6 >?B= 2D:F6 F:86>D6 2B6 6 F:5 6 >H2 5 6 : 4?>DB?<<: DDE2D: 2BD:4?<2B6 B:8E2B5? 2<<2 2B2H:?>6 5 :?B5 :>: (?776 BD6 B:49:6 6 2: ( ED?B:HH2H:?>6 5 6 <<6 5 :C@?C:H:?>: 5 282= 6 >D? 5 2 E>7E>H:?>2B:?5 : B?@ B:2D? <:F6 <<? 7?B>:D?B: ( 3?<<6 5 : 6 >DB2D2 5 6 <<2 = 6 B46 :> = 282HH:>? 2<<2 F6 B:7: <<6 72DDEB6 5 6 : 7?B>:D?B: :>D6 2H:?>6 O[XXN 72DDEB23?<<2?B5 :>642<4?<:2B:D= 6D:4:25 := 6>D:7:C42<:2ED?B:HH2H:?>6 2<@ 282= 6>D? ( ) B65 :C@?C:H:?>6 5 6<<2B:4?>4:<:2H:?>6 DB2 :<C6H:?>2<6 7?B>:D?B: 6 <24?>D23:<:DO86>6B2<6 >5 :42B6,?' 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D6 B= :>6 B6 >C:F: 5 6 8<: :>D6 B6 6 B: AE2<: B?3<6 = : 5 : F2<ED2H:?> :D: CE: AE2<: C:2>?= 2DEB2D: :>D6B6 CC:?@ 6>2<:DO5 2 :>C6B:B6 :>3:<2>4:?B:C49: 4?>4B6D:HH2D: :>5 63:D:PR^`V) ( >2<:C: 5 6<<25?4E= 6>D2H:?>6 2DD62>D6 :<B:46F:= 6>D?5 : = 6B4: 6? <6C6 4EH:?>6 5 : C6 6B V ]anxv _V l VZ N``R_N QRXXN SN``a^N NX SVZR QV ^VXRbN^R VZ P[Z`NOVXV`k V ^RXN`VbV QROV`V \R^ SN``a^R QN ^VPRbR^R) ( >2<:C: 5 6 : C6H:?>2<: B6<2D:F: B:>4:@ 2<: 7?B>:D?B: 2<7:>6 5 : :>5 2CC:F:DO>?>B68:B2D6 2>496 2<<2<E <: 68>:C?DD?C4B:DD:5 6 :3E586D6 5 68<: B6465 6>D6 ( >2<:C:6 F2<ED2H:?>6 5 6 :5 6B:AE2<: CECC:?>?@ B?3<6= :5 :F2<ED2H:?>6 25 6C6 :? <682D: 25 <EB:6>>2<: 6 5 >H:2<: >5 :42B6,?' 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( 88:?B>2= 6>D? 6:F? 56 <<6 2>28B27: BC?>2<6 5 :@ 6>5 6>D6 2CC:= :<2D? 2 5 :@ 6 >5 6>D6 E>:F6BC:D2B:? 6 56: = 65:4: 4?>F6 >H:?>2D: & & ) %, 0,.& /6D6B:>2B:?>D:>E:DO 7 V_`RZd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bVQRZdVNXR) C@ 6 4:7:4:6>D:6 :F2<?B: :C4B:DD: :>4?>D23:<:DO86>6B2<6 ( 6 D6 B= :>2H:?>6 5 6 : 7?>5 : 4?>DB2DDE2<: 5 : 6 D6 >H2 6 >?>@ 282D: ( >2<:C: 6 := 256 8<: 2442>D?>2= 6>D: 4?>>6 CC: 2: B:>>?F: 4?>DB2DDE2<: C@ 6DD2>D: 2<@ 6BC?>2<6 QV\RZQRZ`R) ( 6B:?5 :425 68<:C4?2= 6>D:5 6 : 4?:5 6<@ 6BC?>2<6 B:C@ 6B:?5 B6465 6>D:2<7:>6 5 : F6B:7:42B6 <2B28:?>6F?<6HH25 6 : 4?: = 6 >C:<: 6 56 <<6 B6DB:3EH:?>: 6B?82D6 ( & E>D?5 :E>7<ECC?:>7?B= 2D:F?@ 6B:<=?>:D?B288:?5 B6 2H:?>:6776DDE2D6 5 6BC?>2<6 2CC:= :<2D?2<5 :@ 6>5 6>D6 >5 :42B6,?' 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B64?>425 6>H22<= 6>?2>>E2<6E>@ :2>?5 68<: :>F6:= 6>D: ( 6B:?5 :4? 5 6 : 5 2D: 4?>CE>D:F: 4?> :<@ :2>? 5 68<: :>F6 := 6>D: 6 B:F:C:D2H:?>6 :> 42C? 5 : C4?2= 6>D: C:8>:7:42D:F: 5 :2>? :> 32C6 2<<6 >E?F6 6 C:86>H6 5 : :>F6:= 6 6B B?F2H:?>6 5 2BD6 5 6<<2 :B6 B6F:2F6B:7:4256 <<2C?6>:3:<:DO >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( >5 :F:5 E2H:?>6 56 <<6 7?>D: 5 : 7:>2>H:2= 6>D? 4?>DB:3ED: :>4?>D? 42@ :D2<6 4?>DB:3ED: :>4?>D? 6C6B4:H:? 4?>76 B:= 6>D: <2C4:D: 6 5?>2H:?>: 6B<24AE:? 5 6 : 46C@ :D: 496 <2 F?46 56 <<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 B:4?>4:<:2H:?>6 4?><6 B6<2D:F6 F?4: 5 : ) 2DB:=?>:?' 6DD? >5 :F:5 E2B6 2B2D2= 6>D6 :46C@ :D:24AE:C:D:4?>4?>DB:3ED: :>4?>D?6C6B4:H:? :4?>76B:= 6>D: :<2C4:D:<6 Q[ZNdV[ZV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

19 % & & % 5 BCC2 >B:42 BNVZN^QV +*-%2CB % >?C6 +*.%2CB % & >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 :4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : = 282HH:>? 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<:2C@ 6DD:86:?>2<:6 4?>D23:<:5 6<<6 C4?BD6 82B2>D6>5?E>25 68E2D?<:F6 <<?5 4? B6<2H:?>6 DB2 : 5E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C: 5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< H:6>5 6B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (. D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6 B= 6DD2 :<B277B?>D?7B2?B5 :>: 6 = 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6 >D2H:?>: :> EC4:D2 5 6 <<2 = 6 B46 4?> B:76 B:= 6 >D? 2<<2 4? B6 <2H:?>6 DB2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 24?>D23:<686 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6>D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6B= 6 DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D?2ED?= 2D:4??= 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?56 <<6 = 6B4: :>456@?C:D? D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5 E2H:?>6 5 :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6F2H:?>6 6 <2 DB244:23:<:DO 5 68<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 : E>@ B?46CC?5 : DB244:23:<:DO56 8<: C42B:49: 5 : = 282HH:>?6 5 6 : DB2C76B:= 6 >D: 2< ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?@?>5 6 B2D? ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5 : 4?BB6 H:?>6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 GRTV[ZR %?= 32B5 :2 C: B:C6 BF2 5 : 5 6 7:>:B6 4?>CE446 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6<<6 72C: 5 : 24AE:C:H:?>6 B:<6 F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 5 6 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:5 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6 BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6: E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :256 8E2= 6>D?5 6 : C2<5 : 5 :3:<2>4:?4?= 6 4?>C68E6>H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( 6 7:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<:6 2<DB:2DD: 5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46C6B4:H:? B62H:?>: 6B?82D6 2H:6>D: B68:?>2<: 65 6GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6=?5 :7:42B6?6:>8E6B6 :4B65 28>2D25 2 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B65:D: : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 D6 ::496 5 : B:<6F2H:?>6 6 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?52<:DO 6 D6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6 <2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H = 6>D?

20 % & & % 5 BCC2 >B:42 BNVZN^QV +*-%2CB % >?C6 +*.%2CB % & >?C6 BC2>52A5 ( 67:>:H:?>6 5 B?46 5EB25 : 4?>DB?<<?CE<<2B:<6F2H:?>6 5 6<<6 2<DB6 D:@?<?8:6 5 :B:42F?6 5 6<<6 C?@ B2FF6 >:6>H6 6 :>CECC:6>H6 2DD:F6 496 :>5 :49:<6 2ED?B:HH2H:?>:<6 =?5 2<:DO6 <6 ::496 5 : P[Z`NOVXVddNdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4? B6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: :>7<E:B6 CE<F2<?B6 568<: 6CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 67:>:H:?>6 5 : B?46 5EB2 2= = :>:B2D:F?(4?>D23:< B2>D:C42 :< 4?BB6DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B65 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>V`N^VR,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 NYYVZV_`^N`Vb[ 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 : B?46 5EB22= = 6B<2B:<6F2H:?>6 6 :<=?>:D?B288:? 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46C6 B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6>H25 6B:?5?56 <<6?@ 6 B2H:?>:496 92>>?86 >6 B2D?4B65 :D:6 B:42F: ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 B:C4?>D: \N VbV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 6B<2 B:4?>4:<:2H:?>6 DB2 : 4B65 :D: F6 BC? <?,D2D? :C4B:DD: >6 < 3:<2>4:?5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6<3:<2>4:?B68:?>2<6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? >?>49P DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 < 3:<2>4:? 5 6 <<2, 6 : B6 C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 2: 7:>: 5 6 <<2 F6 B:7: <<2 4?BB6 DD2 AE2>D:7:42H:?>6 5 6 : 4B6 5 :D: F6 BC?<?,D2D?6 F6 BC?<2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:?5 6 <<2 >H7) ( ) B65 :C@?C:H:?>6 5 : B?C@ 6 DD?5 : 6B:?5 :42DB2 : 4B65 :D: F6BC?<?,D2D?B:<6F2D: 776 DDE2B6 2DD:F:DO 5 : B:4?>4:<:2H:?>6 DB2 4B6 5 :D: F6 BC? <?,D2D? :C4B:DD: >6 <3:<2>4:? 5 6 <<2, 6 : B6 C:5 2CC:F: >6< 3:<2>4:? 5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B68:?>2<6 B:6>DB2>D: >6<<2 :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:? 5 6 <<2, 6 : B6 C:5 6B:= 6DB2H:?>6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6<<?,D2D? >?>49P DB2 : 4B65 2CC:F: :C4B:DD: >6 : 42@ :D?<:5 : 3:<2>4:?B6 8:?>2<6 ) F6BC? <2 +68:?>6 B:<6F2D: >6<3:<2>4:? 5 6<<2, 6 : 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 B:6 >DB2>D: >6 <<2 \R^VYR`^NdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 B6 F6 5 2 <2 2B2H:?>6 5 6 : :D: <<6 B6C@?>C23:<:DO 5 6<<6 5 :F6 BC6 72C: 5 6<<2 86:?>6 56<<6 8:246 >H6 5 : 42CC2 64?>?= 2<6 6 B:C4?CC:?>6 5 :B6DD <<6 B68:B2H:?>: 5 68<: :>42CC: 282= 6>D: 2B2B6 2568E2D2= 6>D6 :D:6 B6C@?>C23:<:DO>6 <<286:?>6 56 <<6 8:246>H6 5 : 42CC264?>?= 2<6 6. ) : 4B6 5 :D: 5 6 3:D: F6 BC?<:DED?IR_[^VR^R) ( ED?B:HH2H:?>6 5 6<<6 5 :C@?C:H:?>:5 282= 6>D?5 2BD6 5 6BC?>2<6 4?>25 68E2D6 6 D6 >H6 6 QRXRTUR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F6 56 <2 2B2H:?>6 5 : :D: 6 B6C@?>C23:<:DO DB2 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:<6 5 : B:42F: 6 4B65 :D: 6 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:< <: VZPN 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 : B:<6 F2H:?>6 4?>D23:<: 5 : B:42F:4?:4B6 5 :D: 5 63:D: 6 <6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :>42CC: 282= 6>D: ( 6 7:>:H:?>6 5 B?46 5 EB2?@ B6F65 6 2B2H:?>6 5 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :4?: 6 563:D: 6 <6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:< = 6>D: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( +:C4?>DB2B6 <6 B:CE<D2>H6 4?>D23:<:5 : 42CC24?><6 8:246>H DD:F6 25 E>246 BD25 2D2 D6>6>5?4?>D?2> := 2>52D:6 B6F6BC2<: :>C?C@ 6C? ( +:C4?>DB2B6 <6 B:CE<D2>H6 4?>D23:<:B6<2D:F6 2:4B65 :D:65 2:5 63:D: F6BC?<:DED?-6 C?B:6B6 4?> 8<: 6 B2DD: 4?>D?B:= 6 CC: 5 28<: 6 CC: ::DED: 5 : 4B6 5 :D? +62<:HH2B6 6B:?5 :4: 2BD6 5 6 BC?>2<6 :>D6B>?D6BH?5 2<<6 7E>H:?>:5 :D6C?B6B:2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56 <<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:425 B6C6>H256: 5?4E= B?F2>D:<6?@ 6B2H:?>:5 : :>42CC?@ B6CC?<:DED? -6C?B:6B6?:>42CC2 6 4?>DB?<<?AE2<:D2D:F?5 : D2<: 5?4E= 6>D: 2<7:>6 5 : B?F2B>6 <2B6<2D:F2 ^RTV_`^2H:?>6 :>4?>D23:<:DO ( /6 B:7: B6 C6 >H2 5 6 : 5?4E= 6 >D: B?F2>D: <6?@ 6 B2H:?>: 5 282= 6 >D? DB2= :D6 <:DED? -6C?B:6B6 6B42CC2 6 4?>DB?<<? AE2<:D2D:F? 5 : D2<: 5?4E= 6>D: 2< 2B2>D:B6 496 DEDD6 <6?@ 6B2H:?>:5 :42CC26 32>42C:2>?4?BB65 2D6 5 25?4E= 6>D: :5?>6 :4?>DB?<<2D:25 B?F2D: 7:>6 5 : B?F2B>6 <2B6<2D:F2B68:B2H:?>6 B:= <<2 <?B?B:<6 F2H:?>6 4?>D23:<6 >5 :42B6,?' 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D6 B= :>6 B6 >C:F: 5 6 8<: :>D6 B6 6 B: AE2<: B?3<6 = : 5 : F2<ED2H:?> :D: CE: AE2<: C:2>?= 2DEB2D: :>D6B6 CC:?@ 6>2<:DO5 2 :>C6B:B6 :>3:<2>4:?B:C49: 4?>4B6D:HH2D: :>5 63:D:PR^`V) ( >2<:C: 5 6<<25?4E= 6>D2H:?>6 2DD62>D6 :<B:46F:= 6>D?5 : = 6B4: 6?<6C64EH:?>6 5 : 6B V ]anxv _V l VZ N``R_N QRXXN SN``a^N NX SVZR QV ^VXRbN^R VZ P[Z`NOVXV`k V ^RXN`VbV QROV`V \R^ SN``a^R QN ^VPRbR^R) ( >2<:C:5 6 B:>4:@ 2<:7?B>:D?B:2<7:>6 5 : :>5 :F:5 2CC:F:DO>?>B68:B2D6 2>496 2<<2<E <: 68>:C?DD?C4B:DD:5 6 :3E586D6 5 68<: B6465 6>D6 ( >2<:C:6 F2<ED2H:?>6 5 6 :5 6B:AE2<: CECC:?>?@ B?3<6= :5 : F2<ED2H:?>6 25 R_RY\V[ <682D: 25 <EB:6>>2<: 6 5 >H:2<: >5 :42B6,?' 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( 88:?B>2= 6>D? 6:F? 56 <<6 2>28B27: BC?>2<6 5 :@ 6>5 6>D6 2CC:= :<2D? 2 5 :@ 6 >5 6 >D6 E>:F6 BC:D2B:? : = 6 5 :4: 4?>F6 >H:?>2D: & & ) %, 0,. & /6 D6 B:>2B:?>D:>E:DO 7 V_`RZd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bVQRZdVNXR) C@ 6 4:7:4:6>D:6 :F2<?B: :C4B:DD: :>4?>D23:<:DO86>6B2<6 ( 6 D6B= :>2H:?>6 56 : 7?>5 : 4?>DB2DDE2<: 5 : 6D6>H26 >?> \NTN`V ( >2<:C: 6 := 256 8<: 2442>D?>2= 6>D: 4?>>6 CC: 2: B:>>?F: 4?>DB2DDE2<: C@ 6DD2>D: 2<@ 6BC?>2<6 QV\RZQRZ`R) ( 6B:?5 :425 68<:C4?2= 6>D:5 6 :4?:5 6<@ 6BC?>2<6 B:C@ 6 B:?5 B6465 6>D:2<7:>6 5 : F6B:7:42B6 <2B28:?>6F?<6HH25 6 : 4?: = 6 >C:<: 6 56 <<6 B6DB:3EH:?>: 6B?82D6 ( & E>D?5 :E>7<ECC?:>7?B= 2D:F?@ 6B:<=?>:D?B288:?5 B62H:?>:6 776DDE2D6 6BC?>2<6 2CC:= :<2D?2<5 :@ 6>5 6>D6 >5 :42B6,?' 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 6 <:42H:?>6 5 : B?46 5EB6 5 : B:<6F2H:?>6 7:C:425 6<<6 := =?3:<:HH2H:?>: ( ) :2>:7:42H:?>6 6 CF?<8:= 6>D?5 6<<:>F6>D2B:?7:C:4?5 6<<6 := =?3:<:HH2H:?>: 2>496 2B?D2H:?>6 (?>7B?>D? DB2<6 B:CE<D2>H6 56 <<:>F6>D2B:?7:C:4?6 : 5 2D: 5 6<<24?>D23:<:DO46C@ :D: 2<7:>6 5 : :5 6>D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:4?>D23:<: +62<:HH2B6 :>F6>D2B: 6B:?5 :4: ( :DEH:?>6 5 B?465 EB25 : 4?>76B= 2C4B:DD256<<6 := B6 CC?:D6BH: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?46 5EB6?@ 6B2D:F6 2DD6 282B2>D:B6 B?D6H:?>6 6 <2C2<F28E2B5 :256: 36 >: >?>49Q<2446BD2= 6>D?5 6<5 :B:DD?5 B?@ B:6DOCE<<6 VYY[OVXVddNdV[ZV) ( >F6>D2B:2H:?>6 D6 6:F25 6 : 36>: ^VPRba`V) ( :DEH:?>6 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?465 EB6 2DD6 282B2>D:B6 :<4?>DB?<<?CE<<2 5 :C= :CC:?>6 5 6 : 46 C@ :D: ) B?D6 886 B6 6 C2<F28E2B5 2B6 : 36 >: ( /6B:7: <: :>4B6= 6 >D: 56: 4?>D: := =?3:<:HH2H:?>: = 2D6B:2<: 6 := =?3:<:HH2H:?>: := = 2D6B:2<: C:2>? 52 2DD6>5 :3:<: := 6 4?>7?B= :?F6 <:423:<: 2<<2 42C::42 <:42D:F2 6 2: ) B:>4:@ :?>D23:<: 5 : B:76 B:= 6 >D? >?>49Q 5 2<<2 5?4E= 6 >D2H:?>6 B:<6 F2>D DD6 : :< DB2C76 B:= 6 >D?5 6 <36 >6 7:4:?6 5 6 <B:C49:?4?>>6 B?@ B:6 DO 5 6 <<6 _`R R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6 \^[bf65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:42 6 2>2<:C: 5 2BD6 5 6 <<2 :B6 H:?>6 6 >6 B2<6 5 6 <<6 6 C:86 >H6 5 : :>F6 := 6 >D? 5 6<< H:6>5 6B:<@ 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<65 6<<6 4?>?= :4:DO5 68<: :>F6:= 6>D: 6 5 6<<6 5 :C@?>:3:<:DO 5 : 7:>2>H:2= 6>D? :> =?5? 5 B:56 >D:7:42B6 <6 24AE:C:H:?>: DDE2B6 6 B:?B:DO 5 : 2DDE2H:?>6 ( ) B65 :C@?C:H:?>6 2>>E2<6 6>DB? <2 7:>6 56 <<6C6B4:H:? :> 6B<6C6B4:H:? CE446CC:F? 5 2BD6 5 6<<. 77:4:? -64>:4? 6? 5 6<<>868>6B:2 <:>:42 :> 4?<<23?B2H:?>6 4?> :<, 56 :2>? 5 68<: :>F6:= 6 >D: B6>C:F? 5 6<<6 = 2>ED6 >H:?>: B2?B5 :>2B:6 5 : >2DEB2 :>4B6= 6B 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<6 ) B65 :C@? B64?>425 6>H22<= 6>?2>>E2<6E>@ :2>?5 68<: :>F6:= 6>D: ( 6B:?5 :4? 5 6 : 5 2D: 4?>CE>D:F: 4?> :<@ :2>? 5 68<: :>F6 := 6>D: 6 B:F:C:D2H:?>6 :> 42C? 5 : C4?2= 6>D: C:8>:7:42D:F: 5 :2>? :> 32C6 2<<6 >E?F6 6 C:86>H6 5 : :>F6:= 6 6B B?F2H:?>6 5 2BD6 5 6<<2 :B6 B6F:2F6B:7:4256 <<2C?6>:3:<:DO >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( >5 :F:5 E2H:?>6 56 <<6 7?>D: 5 : 7:>2>H:2= 6>D? 4?>DB:3ED: :>4?>D? 42@ :D2<6 4?>DB:3ED: :>4?>D? 6C6B4:H:? 4?>76 B:= 6>D: <2C4:D: 6 5?>2H:?>: 6B<24AE:? 5 6 : 46C@ :D: 496 <2 F?46 56 <<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 B:4?>4:<:2H:?>6 4?><6 B6<2D:F6 F?4: 5 : ) 2DB:=?>:?' 6DD? >5 :F:5 E2B6 2B2D2= 6>D6 :46C@ :D:24AE:C:D:4?>4?>DB:3ED: :>4?>D?6C6B4:H:? :4?>76B:= 6>D: :<2C4:D:<6 Q[ZNdV[ZV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

25 % & & % 5 BCC2 >B:42 BNVZN^QV +*/% '& >?C6 +*0%2CB ) >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 :4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : YNTNddVZ[ 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<:2C@ 6DD:86:?>2<:6 4?>D23:<:5 6<<6 C4?BD6 82B2>D6 >5?E>25 68E2D?<:F6<<?5 4? B6<2H:?>6 DB2 :5 E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F? B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C: 5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< H:6>5 6B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (. D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6 B= 6DD2 :<B277B?>D?7B2?B5 :>: 6 = 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6 >D2H:?>: :> EC4:D2 5 6 <<2 = 6 B46 4?> B:76 B:= 6 >D? 2<<2 4? B6 <2H:?>6 DB2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 24?>D23:<686 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6>D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6 B= 6DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6 DD2 :<B277B?>D?2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?56 <<6 = 6B4: :>45 D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 `RY\V_`VPUR5 24?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 : :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6 C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6F2H:?>6 6 <2 DB244:23:<:DO 5 68<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 : E>@ B?46CC?5 : DB244:23:<:DO56 8<: C42B:49: 5 : = 282HH:>?6 5 6 : DB2C76B:= 6 >D: 2< ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?@?>5 6 B2D? ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5 : 4?BB6 H:?>6 6 B?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F? :>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C4256 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 +68:?>6 %?= 32B5 : 56 7:>:B6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6 <<6 72C: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 56 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:5 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 6B:?5 : : B:42F: B6<2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D?6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6 BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6 : E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:? 5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( 6 7:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<:6 2<DB:2DD: 5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46C6B4:H:? B62H:?>: 6B?82D6 2H:6>D: B68:?>2<: 65 6GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6=?5 :7:42B6?6:>8E6B6 : 4B65 :D: 28>2D25 2 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 D6 ::496 5 : B:<6F2H:?>6 6 :56>D:7:49: <2 5?4E= 6>D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6 <2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H = 6>D?

26 % & & % 5 BCC2 >B:42 BNVZN^QV +*/% '& >?C6 +*0%2CB ) >?C6 BC2>52A5 ( 67:>:H:?>6 5 B?46 5EB25 : 4?>DB?<<?CE<<2B:<6F2H:?>6 5 6<<6 2<DB6 D:@?<?8:6 5 :B:42F?6 5 6<<6 C?@ B2FF6 >:6>H6 6 :>CECC:6>H6 2DD:F6 496 :>5 :49:<6 2ED?B:HH2H:?>:<6 =?5 2<:DO6 <6 ::496 5 : P[Z`NOVXVddNdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6 >D: >6 82B2>D:C42 :< 4? B6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: : CE<F2<?B6 5 68<:6CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 67:>:H:?>6 5 : B?46 5EB2 2= = :>:B2D:F?(4?>D23:< B2>D:C42 :< 4?BB6DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 5 6<<6 B6 DD:7:496 2: 4B65 :D: 6 2: B6 <2D:F: B:42F: 2 C68E:D? 5 6 : 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 2= = :>:B2D:F? 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 : B?46 5EB22= = 6B<2B:<6F2H:?>6 6 :<Y[ZV`[^NTTV[ 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46 C6B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6>H25 6B:?5?56 <<6?@ 6 B2H:?>:496 92>>?86 >6 B2D?4B65 :D:6 B:42F: ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 2CC:F: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 6B<2 B:4?>4:<:2H:?>6 DB2 : 4B65 :D: F6 BC? <?,D2D? :C4B:DD: >6 < 3:<2>4:?5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6<3:<2>4:?B68:?>2<6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? >?>49P DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 < 3:<2>4:? 5 6 <<2, 6 : B6 C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 2: 7:>: 5 6 <<2 F6 B:7: <<2 4?BB6 DD2 AE2>D:7:42H:?>6 5 6 : 4B6 5 :D: F6 BC?<?,D2D?6 F6 BC?<2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:?5 6 <<2 >H7) ( ) B65 :C@?C:H:?>6 5 : B?C@ 6 DD?5 : 6B:?5 :42DB2 : 4B65 :D: F6BC?<?,D2D?B:<6F2D: 776DDE2B6 2DD:F:DO 5 : B:4?>4:<:2H:?>6 DB2 4B65 :D: F6 BC? <?,D2D? :C4B:DD: >6 <3:<2>4:? 5 6<<2, 6 : B6C:5 2CC:F: >6< 3:<2>4:? 5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B68:?>2<6 B:6>DB2>D: >6<<2 :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:? 5 6 <<2, 6 : B6 C:5 6B:= 6DB2H:?>6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6<<?,D2D? >?>49P DB2 : 4B65 2CC:F: :C4B:DD: >6 : 42@ :D?<:5 :3:<2>4:?B68:?>2<6 F6BC? <2 +68:?>6 B:<6F2D: >6<3:<2>4:? 5 6<<2, 6 : 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 B:6 >DB2>D: >6 <<2 \R^VYR`^NdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 B6 F6 5 2 <2 2B2H:?>6 5 6 : :D: <<6 B6C@?>C23:<:DO 5 6<<6 5 :F6 BC6 72C: 56<<2 86:?>6 5 6<<6 8:246>H6 5 : 42CC2 64?>?= 2<6 6 B:C4?CC:?>6 5 :B6DD <<6 B68:B2H:?>: 5 68<: :>42CC: 282= 6>D: 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<286:?>6 5 6<<6 8:246 >H6 5 : 42CC264?>?= 2<6 6. ) : 4B6 5 :D: 5 6 3:D: F6 BC?<:DED?IR_[^VR^R) ( ED?B:HH2H:?>6 5 6<<6 5 :C@?C:H:?>:5 282= 6>D?5 2BD6 5 6BC?>2<6 4?>NQRTaN`R 6 D6 >H <6 896 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F6 56 <2 2B2H:?>6 5 : :D: 6 ^R_\[Z_N3:<:DO DB2 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:<6 5 : B:42F: 6 4B65 :D: 6 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:< <: VZPN 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<: 5 : B:42F:4?:4B65 :D: 5 63:D: 6 <6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :>42CC: 282= 6>D: ( 6 7:>:H:?>6 5 B?46 5 EB2?@ B6F65 6 2B2H:?>6 5 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :4?: :D: 6 <6 2DD:F:DO5 : B:<6 F2H:?>6 4?>D23:< = 6>D: >5 :42B6,?' 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 ^RXN`VbR :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 _NZV`N^VR,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 2B2H:?>6 5 6<<27E>H:?>6 B:49:65 6>D6 B:C@ 6DD?2<<27E>H:?> = 6 DD6 <?B5 :>6 5 : 24AE:? 2B2H:?>6 5 6<<27E>H:?>6 24AE:: B:C@ 6DD?2<<27E>H:?> DDE2<6 B6 8:B2H:?>: :> P[Z`NOVXV`k) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 496 :5 6 >D:7:49: B6 C@?>C23:<:DO =?5 2<:DO 6 D6 : 5 6 <<6?@ 6 B2H:?>: 4?>>6 CC6 2<<6 C@ <6 D2= 6 >D? 5 6 B?46 5 EB6 5 : 6 B<2 7?B>:DEB2 5 : 36 >: 6 C6 BF:H: 6 8<: 2<D:5 E33<:4: :><:>6 24?><6 5 :C@?C:H:?>:>2H:?>2<: 6 B68:?>2<: :C4:@ <:>2B6 8<: B?FF:8:?>2= 6>D: 5 : 36>: 6 C6BF:H: C2>:D2B: 6 >?>C2>:D2B:5?4E= 6>D2>5? 6 7?B= 2<:HH2>5? :< 7<ECC?:>7?B= 2D:F?6 <6 72C: 5 B?465 EB25 : 24AE:C:H:?>6 5 6 : 36>: 6 C6 BF:H: C2>:D2B: ( 6 7:>:H:?>6 5 : B?46 5EB2?@ 6B2D:F2496 :5 6>D:7:49: B6C@?>C23:<:DO=?5 : 6 4?>DB?<<:56 <<6?@ 6 B2H:?>:4?>>6CC6 2<<24AE:?5 :36>:6 6B:AE2<:>?>C:2?33<:82D?B:2= B6F:?:<B:4?BC?282B6 288B682D6?:>5 :F:5 E2<: ( >F:?5 6 8<:?B5 :>: 5 : 24AE:?2: 7?B>:D?B: 4?>6 F:5 6 >H2 5 6 <<2ED?B:HH2H:?>6 5 2BD6 5 : E> 7E>H:?>2B:?5 B?@ B:2D?<:F6<<? >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 :682B6 5?4E= 6>D: :5?>6 : 65 B?F2D: <2C4:2>5? DB244:2 5 6 : 4?>DB?<<: CF?<D:?8>:?@ 6 B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6:>8E6 B6 : 563:D: 5 6F6 6CC6B6 B?F2D ?4E= 6>D: 496 C:2>? 4?>DB?<<2D: 65 B:= 25 6<<2<?B?B:<6F2H:?>6 P[Z`NOVXR) ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F? 4?>D23:<6 B6F ?8>:?@ 6 B2H:?>6 CEC46 DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 5 6 3:D: C: E2D2 5?4E= 6>D2H:?> D2<:5?4E= 6>D: C:2>?4?>DB?<<2D:6 5 B:= 25 6<<2<?B?B:<6F2H:?>6 P[Z`NOVXR) >5 :42B6,?' 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( 88:?B>2= 6>D? 6:F? 56 <<6 2>28B27: BC?>2<6 5 :@ 6>5 6>D6 2CC:= :<2D? 2 5 :@ 6 >5 6>D6 E>:F6BC:D2B:? 6 56: = 65:4: 4?>F6 >H:?>2D: & & ) %, 0,.& /6D6B:>2B:?>D:>E:DO 7 V_`RZd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bVQRZdVNXR) C@ 6 4:7:4:6>D:6 :F2<?B: :C4B:DD: :>4?>D23:<:DO86>6B2<6 ( 6 D6 B= :>2H:?>6 5 6 : 7?>5 : 4?>DB2DDE2<: 5 : 6 D6 >H2 6 >?>@ 282D: ( >2<:C: 6 := 256 8<: 2442>D?>2= 6>D: 4?>>6 CC: 2: B:>>?F: 4?>DB2DDE2<: C@ 6DD2>D: 2<@ 6BC?>2<6 QV\RZQRZ`R) ( 6B:?5 :425 68<:C4?2= 6>D:5 6 : 4?:5 6<@ 6BC?>2<6 B:C@ 6B:?5 B6465 6>D:2<7:>6 5 : F6B:7:42B6 <2B28:?>6F?<6HH25 6 : 4?: = 6 >C:<: 6 56 <<6 B6DB:3EH:?>: 6B?82D6 ( & E>D?5 :E>7<ECC?:>7?B= 2D:F?@ 6B:<=?>:D?B288:?5 B6 2H:?>:6776DDE2D6 5 6BC?>2<6 2CC:= :<2D?2<5 :@ 6>5 6>D6 >5 :42B6,?' 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

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`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 GR8:?>6 %?= 32B5 :2 C: B:C6 BF2 5 : 5 6 7:>:B6 4?> CE446 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C425 6B<2F6B:7:42 ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<:5 6<<6 5 :F6BC6 72C:5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2bR^VSVPN) ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< H:6 >5 6 B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (.D:<:HH?5 : E>C:6= 24?>D23:<686 :?>2<6 6B= 6DD2 :<B277B?>D?7B2?B5 :>: 6= 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6>D2H:?>: :>EC4:D2 5 6<<2 = 6B46 4?>B:76B:= 6>D? 2<<2 4?BB6<2H:?>6 DB2 8<:?B5 :>: 5 B6<:6F? 52 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 24?>D23:<686 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6>D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6B= 6 DD2 :<B277B?>D?2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?5 6<<6 = 6B4: :>45 D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6 C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:[ZV) ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6 C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 5 2B2H:?>6 5 6<<6 7E>H:?>: 6:B6 : = 282HH:>: :>=?5?5 2 82B2>D:B6 <2 2B2H:?>6 DB27E>H:?>: 5 : 4?>D23:<:DO5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6 F2H:?>6 6 <2 DB244:23:<:DO 56 8<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 :E>@ B?46CC?5 :DB244:23:<:DO56 8<:C42B:49:5 : = 282HH:>?6 5 6 :DB2C76B:= 6>D:2< ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?\[ZQR^N`[) ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4?BB6 H:?>6 6 B?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C425 B6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6 <<6 72C: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 56 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:52@ 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6 B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( ;RSVZVdV[ZR 5 : B?465 EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6 B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<: 6 2<DB:2DD:5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46 C6 B4:H:? 6 B6 2H:?>: 6 B?82D6 2H:6 >D: B6 8:?>2<: GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6?6 :>8E6B6 : 4B65 28>2D25 2 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6 F2H:?>6 6 :56>D:7:49: <2 5?4E= 6>D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6<2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H6 5 : \NTNYRZ`[)

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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2bR^VSVPN) ( 67:>:H:?>6 5 : B?46 5EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4?BB6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: :>7<E:B6 CE<F2<?B6 5 68<:6 CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 67:>:H:?>6 5 : B?46 5EB2 2= = :>:B2D:F?(4?>D23:< B2>D:C42 :< 4?BB6DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B6 5 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B68:?>2<: :> YN`R^VN) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 \^[bb65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 2= = :>:B2D:F? 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 : B?46 5EB22= = 6B<2B:<6F2H:?>6 6 :<=?>:D?B288:? 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46 C6B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6 >H25 6B:?5?5 6<<6?@ 6 B2H:?>:496 92>>?86>6B2D?4B65 :D:6 B:42F: ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 2CC:F: >5 :42B6,?' 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2bR^VSVPN) ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 6 <2 2B2H:?>6 5 : :D: 6 B6C@?>C23:<:DO DB2 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:<6 5 : B:42F: 6 4B6 5 :D: 6 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:< <: VZPN 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<: 5 : B:42F:4?:4B65 :D: 5 63:D: 6 <6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :>42CC: 282= 6>D: ( 6 7:>:H:?>6 5 B?46 5 EB2?@ 6 B6F65 6 2B2H:?>6 5 :D:6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 :B:<6F2H:?>6 4?>D23:<6 5 :4?: :D:6 <6 2DD:F:DO5 :B:<6F2H:?>6 4?>D23:< = 6>D: + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 :682B6 5?4E= 6>D: :5?>6 : 65 B?F2D: <2C4:2>5? DB244:2 5 6 : 4?>DB?<<: CF?<D:?8>:?@ 6 B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6:>8E6 B6 : 563:D: 5 6F6 6CC6B6 B?F2D ?4E= 6 >D: 496 C:2>? 4?>DB?<<2D: 65 B:= 25 6<<2<?B?B:<6F2H:?>6 P[Z`NOVXR) ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F? 4?>D23:<6 B6F ?8>:?@ 6 B2H:?>6 CEC46 DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 5 6 3:D: C: E2D2 5?4E= 6>D2H:?> D2<: 5?4E= 6>D: C:2>?4?>DB?<<2D: 65 B:= 256 <<2<?B?B:<6F2H:?>6 P[Z`NOVXR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( /6 B:7:42 5 : 4? B:C@?>5 6 >H2 DB2 B:49:6 6 5 : 24AE:??776 BD6 B:46 FED6 5 2: 7?B>:D?B: 6?B5 :>: 5 : NP]aV_`[ RYR V) ( /6 B:7:42 5 : 4? B:C@?>5 6 >H2 DB2 <?B5 :>6 5 : 24AE:? 6 :<5?4E= 6 >D?5 : DB2C@?BD?? 5?4E= 6 >D? :>5 :42>D6 <2FF6 B6 2H:?>6 5 6<C6BF:H:? 6 <272DDEB25 B:= 25 B?465 6B6 2<<2 B:<6F2H:?>6 5 : AE6E<D:= 2 :>4?>D23:<:DO86>6B2<6 ( /6B:7:425 6<<25 6B6>H25 6<DB2DD2= 6>D?7:C42<6 4?><6 >?B= 2D:F6 F:86>D6 2B6 6 F:5 6 >H2 5 6 : 4?>DB?<<: DDE2D: 2BD:4?<2B6 B:8E2B5? 2<<2 2B2H:?>6 5 :?B5 :>: (?776 BD6 B:49:6 6 2: ( ED?B:HH2H:?>6 5 6 <<6 5 :C@?C:H:?>: 5 282= 6 >D? 5 2 E>7E>H:?>2B:?5 : B?@ B:2D?<:F6 <<? 7?B>:D?B: ( 3?<<6 5 : 6>DB2D2 56 <<2 = 6B46 :>= 282HH:>? 2<<2 F6B:7:42 56 <<6 72DDEB6 56: 7?B>:D?B: :>D62H:?>6 3?<<2( 72DDEB23?<<2?B5 :>642<4?<:2B:D= 6D:4:25 := 6>D:7:C42<:2ED?B:HH2H:?>6 2<@ 282= 6>D? ( ) B65 :C@?C:H:?>6 5 6<<2B:4?>4:<:2H:?>6 DB2 :<C6H:?>2<6 7?B>:D?B: 6 <24?>D23:<:DO86>6B2<6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42?B>:B6 :5?>6 : 6<6= 6>D: 5 : := B6F:C:?>6 5 6 : 5 63:D: 5 : 4E: C: 4?>?C46 <6C:6>H2 = 2 >?> <2= =?>D2B6 = 6 B4: 24AE:C:D6? C6BF:H: B:46 FED: C6>H2 496 C:2 2D2 B:46FED2 6 4?>D23:<:HH2D2 <2 B6<2D:F2 72DDEB2 56 3:D: 2 <E>8? D6 B= :>6 B6 >C:F: 5 6 8<: :>D6 B6 6 B: AE2<: B?3<6 = : 5 : F2<ED2H:?> :D: CE: AE2<: C:2>?= 2DEB2D: :>D6B6 CC:?@ 6>2<:DO5 2 :>C6B:B6 :>3:<2>4:?B:C49: 4?>4B6D:HH2D: :>56 3:D:PR^`V) ( >2<:C: 5 6<<25?4E= 6>D2H:?>6 2DD62>D6 :<B:46F:= 6>D?5 : = 6B4: 6?<6 C64EH:?>6 5 : 6B V ]anxv _V l VZ N``R_N QRXXN SN``a^N NX SVZR QV ^VXRbN^R VZ P[Z`NOVXV`k V ^RXN`VbV QROV`V \R^ SN``a^R QN ^VPRbR^R) ( >2<:C:5 6 B:>4:@ 2<:7?B>:D?B:2<7:>6 5 : :>5 :F:5 2CC:F:DO>?>B68:B2D6 2>496 2<<2<E <: 68>:C?DD?C4B:DD:5 6 :3E586D6 5 68<: B6465 6>D6 ( >2<:C:6 F2<ED2H:?>6 5 6 :5 6B:AE2<: CECC:?>?@ B?3<6= :5 : F2<ED2H:?> :? <682D: 25 <EB:6>>2<: 6 5 >H:2<: >5 :42B6,?' 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( 88:?B>2= 6>D? 6:F? 56 <<6 2>28B27: BC?>2<6 5 :@ 6>5 6>D6 2CC:= :<2D? 2 5 :@ 6 >5 6 >D6 E>:F6 BC:D2B:? : = 6 5 :4: 4?>F6 >H:?>2D: & & ) %, 0,. & /6 D6 B:>2B:?>D:>E:DO 7 V_`RZd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bVQRZdVNXR) C@ 6 4:7:4:6>D:6 :F2<?B: :C4B:DD: :>4?>D23:<:DO86>6B2<6 ( 6 D6 B= :>2H:?>6 5 6 : 7?>5 : 4?>DB2DDE2<: 5 : 6 D6 >H2 6 >?>@ 282D: ( >2<:C: 6 := 256 8<: 2442>D?>2= 6>D: 4?>>6 CC: 2: B:>>?F: 4?>DB2DDE2<: C@ 6DD2>D: 2<@ 6BC?>2<6 QV\RZQRZ`R) ( >2<:C: 6B:?5 :425 68<: C4?2= 6>D: 5 6 : 4?: 5 6<@ 6BC?>2<6 B:C@ 6B:?5 B6465 6>D:2<7:>6 5 : F6B:7:42B6 <2B28:?>6F?<6HH25 6 : 4?: = 6 >C:<: 6 56 <<6 B6DB:3EH:?>: 6B?82D6 ( & E>D?5 :E>7<ECC?:>7?B= 2D:F?@ 6B:<=?>:D?B288:?5 B62H:?>:6 776DDE2D6 6BC?>2<6 2CC:= :<2D?2<5 :@ 6>5 6>D6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 F?<D2 2<<:>5 :F:5 6B<6 5 :F6 BC6 D:@?<?8:6 5 : 5 63:D: 5 : :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 6 86:?>6 5 6< 5 63:D?6 5 6 :4?BB6<2D:4?:496 B:C@ 6DD: :<@ B:>4:@ :?56 2B2H:?>6 56 <<6 2B2B6 2568E2D2= 6>D6 : :D:6 B6C@?>C23:<:DO>6<<6 72C:5 :24AE:C:H:?>6B:<6F2H:?>6 6 86:?>6 56 <5 63:D?6 5 6 : 4? B6 <2D: 4?: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6

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( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

37 % & & % 5 BCC2 >B:42 BNVZN^QV /(+% & & ' ' % ' B244? >?C6 /(,% & & ' '% B@64;2<;BC;4??AC?@65;4? '% ( ' >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6= 25 : 4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : = 282HH:>? 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<: 2C@ 6DD: 86:?>2<: 6 4?>D23:<: 56 <<6 C4?BD6 82B2>D6>5?E>25 68E2D?<:F6<<?5 4?BB6<2H:?>6 DB2 : 5 E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C: 5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:425 6<<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:NZZ[) 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : :5?>6 B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<<2 B:<6F2H:?>6 7:C:4256 <<6 B6CC?D6BH: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C425 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2^VR ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 : 6B<2 _bnxa`ndv[zr) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< H:6 >5 6 B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (.D:<:HH?5 : E>C:6= 24?>D23:<686 :?>2<6 6B= 6DD2 :<B277B?>D?7B2?B5 :>: 6= 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6>D2H:?>: :>EC4:D2 5 6<<2 = 6B46 4?>B:76B:= 6>D? 2<<2 4?BB6<2H:?>6 DB2 8<:?B5 :>: 5 B6<:6F? 52 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 24?>D23:<686 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6>D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6B= 6 DD2 :<B277B?>D?2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?5 6<<6 = 6B4: :>45 D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6 C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:[ZV) ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6 C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 5 2B2H:?>6 5 6<<6 7E>H:?>: 6:B6 : = 282HH:>: :>=?5?5 2 82B2>D:B6 <2 2B2H:?>6 DB27E>H:?>: 5 : 4?>D23:<:DO5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6 F2H:?>6 6 <2 DB244:23:<:DO 56 8<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 :E>@ B?46CC?5 :DB244:23:<:DO56 8<:C42B:49:5 : = 282HH:>?6 5 6 :DB2C76B:= 6>D:2< ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?\[ZQR^N`[) ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4?BB6 H:?>6 6 B?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C425 B6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6 <<6 72C: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 56 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:52@ 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6 : E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :25 68E2= 6>D?56: C2<5 :5 : 3:<2>4:?4?= 6 4?>C68E6>H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6 B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( ;RSVZVdV[ZR 5 : B?465 EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6 B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<: 6 2<DB:2DD:5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? 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B:C@?>5 6 >H2 DB2 <?B5 :>6 5 : 24AE:? 6 :<5?4E= 6 >D?5 : DB2C@?BD??5?4E= 6 >D? :>5 :42>D6 <2FF6 B6 2H:?>6 5 6<C6BF:H:? 6 <272DDEB25 B:= 25 B?465 6B6 2<<2 B:<6F2H:?>6 5 : AE6E<D:= 2 :>4?>D23:<:DO86>6B2<6 ( /6B:7:425 6<<25 6B6>H25 6<DB2DD2= 6>D?7:C42<6 4?><6 >?B= 2D:F6 F:86>D6 2B6 6F:56 >H2 5 6 : 4?>DB?<<: 6776DDE2D: 2BD:4?<2B6 B:8E2B5? 2<<2 2B2H:?>6 5 :?B5 :>: (?776BD6 B:49:66 2: ( ED?B:HH2H:?>6 5 6 <<6 5 :C@?C:H:?>: 5 282= 6 >D? 5 2 E>7E>H:?>2B:?5 : B?@ B:2D? <:F6 <<? 7?B>:D?B: ( 3?<<6 5 : 6 >DB2D2 5 6 <<2 = 6 B46 :> = 282HH:>? 2<<2 F6 B:7: <<6 72DDEB6 5 6 : 7?B>:D?B: :>D6 2H:?>6 3?<<2 72DDEB23?<<2?B5 :>642<4?<:2B:D= 6D:4:25 := 6>D:7:C42<:2ED?B:HH2H:?>6 2<@ 282= 6>D? ( ) B65 :C@?C:H:?>6 5 6<<2B:4?>4:<:2H:?>6 DB2 :<C6H:?>2<6 7?B>:D?B: 6 <24?>D23:<:DO86>6B2<6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42?B>:B6 :5?>6 : 6<6= 6>D: 5 : := B6F:C:?>6 56 : 5 63:D: 5 : 4E: C: 4?>?C46 <6 C:6>H2 = 2 >?> <2= =?>D2B6 = 6 B4: 24AE:C:D6? C6BF:H: B:46 FED: C6>H2 496 C:2 2D2 B:46FED2 6 4?>D23:<:HH2D2 <2 B6 <2D:F2 72DDEB2 5 63:D: 2 <E>8? D6 B= :>6 B6 >C:F: 5 6 8<: :>D6 B6 6 B: AE2<: B?3<6 = : 5 : F2<ED2H:?> :D: CE: AE2<: C:2>?= 2DEB2D: :>D6B6 CC:?@ 6>2<:DO5 2 :>C6B:B6 :>3:<2>4:?B:C49: 4?>4B6D:HH2D: :>5 63:D:PR^`V) ( >2<:C: 5 6<<25?4E= 6>D2H:?>6 2DD62>D6 :<B:46F:= 6>D?5 : = 6B4: 6?<6 C64EH:?>6 5 : 6B V ]anxv _V l VZ N``R_N QRXXN SN``a^N NX SVZR QV ^VXRbN^R VZ P[Z`NOVXV`k V ^RXN`VbV QROV`V \R^ SN``a^R QN ^VPRbR^R) ( >2<:C:5 6 B:>4:@ 2<:7?B>:D?B:2<7:>6 5 : :>5 :F:5 2CC:F:DO>?>B68:B2D6 2>496 2<<2<E <: 68>:C?DD?C4B:DD:5 6 :3E586D6 5 68<: B6465 6>D6 ( >2<:C:6 F2<ED2H:?>6 5 6 :5 6B:AE2<: CECC:?>?@ B?3<6= :5 : F2<ED2H:?> :? <682D: 25 <EB:6 >>2<: 6 5 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6 \^[bf65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 496 :5 6 >D:7:49: : :D: 6 <6 B6 C@?>C23:<:DO 4?>>6 CC6 2<<6 5 :F6 BC6 72C: <682D6 2<<2 86:?>6 6 2<<2 B:<6F2H:?>6 5 6 : DB2DD2= 6 >D: 64?>?= :4: 6BC?>2<6 5 :@ 6>5 6>D6>?>5 :@ 6>5 6>D6E>:F6BC:D2B:?6 4?>F6>H:?>2D? ( 88:?B>2= 6>D? 6:F? 56 <<6 2>28B27: BC?>2<6 5 :@ 6>5 6>D6 2CC:= :<2D? 2 5 :@ 6 >5 6 >D6 E>:F6 BC:D2B:? : = 6 5 :4: 4?>F6 >H:?>2D: & & ) %, 0,. & /6 D6 B:>2B:?>D:>E:DO 7 V_`RZd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bVQRZdVNXR) C@ 6 4:7:4:6>D:6 :F2<?B: :C4B:DD: :>4?>D23:<:DO86>6B2<6 ( 6 D6 B= :>2H:?>6 5 6 : 7?>5 : 4?>DB2DDE2<: 5 : 6 D6 >H2 6 >?>@ 282D: ( >2<:C:6 := 256 8<:2442>D?>2= 6>D:4?>>6CC:2:B:>>?F:4?>DB2DDE2<: C@ 6DD2>D: 2<@ 6BC?>2<6 QV\RZQRZ`R) ( >2<:C: 6B:?5 :425 68<: C4?2= 6>D: 5 6 : 4?: 5 6<@ 6BC?>2<6 B:C@ 6B:?5 B6465 6>D:2<7:>6 5 :F6B:7:42B6 <2B28:?>6F?<6HH25 6 : 4?:= 6>C:<: 6 5 6<<6 B6DB:3EH:?>:6 B?82D6 ( & E>D?5 :E>7<ECC?:>7?B= 2D:F?@ 6B:<=?>:D?B288:?5 B62H:?>:6 776DDE2D6 6BC?>2<6 2CC:= :<2D?2<5 :@ 6>5 6>D6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 F?<D2 2<<:>5 :F:5 6 B<6 5 :F6BC6 D:@?<?8:6 5 : 5 63:D: 5 : :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 6 86:?>6 5 6< 5 63:D?6 5 6 :4?BB6<2D:4?:496 B:C@ 6DD: :<@ B:>4:@ :?56 2B2H:?>6 56 <<6 2B2B6 2568E2D2= 6>D6 : :D:6 B6C@?>C23:<:DO>6<<6 72C:5 :24AE:C:H:?>6B:<6 F2H:?>6 6 86:?>6 5 6<5 63:D?6 5 6 : 4? B6 <2D: 4?: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6

40 % & & % Q^) N <Z^VPN BNVZN^QV /(+% & & ' ' % ' B244? >?C6 /(,% & & ' '% B@64;2<;BC;4??AC?@65;4? '% ( ' >?C6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( +:C4?>DB?5 6 <<6 B:CE<D2>H6 4?>D23:<: 5 6 << H:6 >5 2 4?>8<: 6 B2DD: 4?>D? :>F:2D: 5 2: 7?B>:D?B: CE B:49:6 2 C4B:DD2 DB2C= 6 CC2 5 2<< H:6 >5 2 6 CC2 +62<:HH2B6 6 B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>5 26 AE6<<6 B?F6>:6 >D: 52: P^RQV`[^V) ( /6B:7:42 5 6<<2 6F6>DE2<6 >646CC:DO 5 : 25 68E2= 6>D? 5 6 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 5 <:42H:?>6 5 6 : B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4? B6H:?>6 6 B?B:5 :256 8E2= 6 >D??2<<:>6 2= 6>D?4?><6 4?>D23:<:DO _RdV[ZNXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6 776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B52B6 4?><6 H:6>56 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 B6 6B<2F6B:7:42 ( ) B6 5 :C@?C:H:?>6 5 : 2>2<:C: 5 6 8<: C4?2= 6 >D: C:8>:7:42D:F: 5 6 : 5 6 3:D: : 4?: 4?>CE>D:F: B:C@ 6 DD?28<: 6 CC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD? 2<3:<2>4:?5 :\^RbV_V[ZR) +62<:HH2B6 2>2<:C: 6B:?5 : <:2= =?>D2B:5 :5 63:D:6 4?:56 <@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6 776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B52B6 4?><6 H:6>56 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 6 B? B<2 B:4?>4:<:2H:?>6 DB2 : 5 6 3:D: F6 BC? <6 H:6 >5 6 2<>6 DD? 5 6 8<: 244?>D: 8:O 6B?82D: :C4B:DD: >6<3:<2>4:? 5 6<<2, : B6 C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 6<3:<2>4:? B68:?>2<6 6 : 4B65 :D: F6 BC? <2 +68:?>6 2<>6DD? 5 68<: 244?>D: 8:O :>42CC2D: :C4B:DD: >6 : 3:<2>4: 5 6<<6 H:6>56 2:7:>:5 6<<2F6B:7:425 6<<24?BB6DD2AE2>D:7:42H:?>6 56: 56 3:D:F6 BC?<6 H:6>56 :C4B:DD: >6 < 3:<2>4:?5 6<<2, 776 DDE2B6 2DD:F:DO 5 : B:4?>4:<:2H:?>6 DB :D: F6 BC?<6 H:6 >5 6 :C4B:DD: >6 <3:<2>4:?5 6 <<2, : B6 C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:?B6 8:?>2<: 6 : 4B6 5 :D: F6 BC?<2 +6 8:?>6 B:<6 F2D: >6 : 3:<2>4: 5 6 <<6 2H:6 >5 6 ( ) B65 :C@?C:H:?>6 5 : B?C@ 6 DD? 5 : 6B:?5 :42DB2 : 5 63:D: F6BC?<6 H:6>56 :C4B:DD: >6<3:<2>4:? 56<<2, : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 56<3:<2>4:? B68:?>2<6 6 : 4B6 5 :D: F6BC?<2 +68:?>6 :C4B:DD: >6 : 3:<2>4: 56 <<6 H:6>56 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6 776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B52B6 4?><6 H:6>56 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

41 % & & % 5 BCC2 >B:42 BNVZN^QV ( 67:>:H:?>6 5 :25 B?465 EB6?@ 6 B2D:F6 :>8B25?5 :72B7B?>D6 28<:?33<:89:>?B= 2D:F: 6 2: B:C49: 2H:6 >5 2<: ( DD:F2H:?>6 5 : E> C:6= 6B<2 B244?<D2 6 <2 5 :FE<82H:?>6 56<<6 <688: : B68?<2= 6>D: 496 4?>C6>D2 :< =?>:D?B288:? 4?2>D6 56 : 42= 3:2= 6>D: >?B= 2D:F: =?5 :7:496 2>496 2B2D?2= = :>:B2D:F??B82>:HH2D:F?6 4?>D23:<6 QRXX7dVRZQN) ( 5?H:?>6 5 : E>4?5 :46 6D:4?6 5 6?>D?<?8:4?4?>7?B= 6 B6F::5 2<<2>?B= 2D:F2 ) B6F6 >:B6 65 :5 6>D:7:42B6 6F6>DE2<: 6>D: >?> 4?>7?B= : 2 <688: 6 B6 8?<2= 6>D: :2>? 2DD? bvtrz`r) C:8>:7:42D:F? :> 3:<2>4:? 2DDB2F6BC? 25 :? :< =?>:D?B288:? 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 6 <:42H:?>6 5 : B?46 5EB6 5 : B:<6F2H:?>6 7:C:425 6<<6 := =?3:<:HH2H:?>: ( ) :2>:7:42H:?>6 6 CF?<8:= 6>D?5 6<<:>F6>D2B:?7:C:4?5 6<<6 := =?3:<:HH2H:?>: 2>496 2B?D2H:?>6 (?>7B?>D? DB2<6 B:CE<D2>H6 56 <<:>F6>D2B:?7:C:4?6 : 5 2D: 5 6<<24?>D23:<:DO46C@ :D: 2<7:>6 5 : :5 6>D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:4?>D23:<: +62<:HH2B6 :>F6>D2B: 6B:?5 :4: ( :DEH:?>6 5 B?465 EB25 : 4?>76B= 2C4B:DD256<<6 := B6 CC?:D6BH: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?46 5EB6?@ 6B2D:F6 2DD6 282B2>D:B6 B?D6H:?>6 6 <2C2<F28E2B5 :256: 36 >: >?>49Q<2446BD2= 6>D?5 6<5 :B:DD?5 B?@ B:6DOCE<<6 VYY[OVXVddNdV[ZV) ( >F6>D2B:2H:?>6 D6 6:F25 6 : 36>: ^VPRba`V) ( :DEH:?>6 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?465 EB6 2DD6 282B2>D:B6 :<4?>DB?<<?CE<<2 5 :C= :CC:?>6 5 6 : 46 C@ :D: ) B?D6 886 B6 6 C2<F28E2B5 2B6 : 36 >: ( /6B:7: <: :>4B6= 6 >D: 56: 4?>D: := =?3:<:HH2H:?>: = 2D6B:2<: 6 := =?3:<:HH2H:?>: := = 2D6B:2<: C:2>? 52 2DD6>5 :3:<: := 6 4?>7?B= :?F6 <:423:<: 2<<2 42C::42 <:42D:F2 6 2: ) B:>4:@ :?>D23:<: 5 : B:76 B:= 6 >D? >?>49Q 5 2<<2 5?4E= 6 >D2H:?>6 B:<6 F2>D DD6 : :< DB2C76 B:= 6 >D?5 6 <36 >6 7:4:?6 5 6 <B:C49:?4?>>6 B?@ B:6 DO 5 6 <<6 _`R R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6 \^[bf65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:42 6 2>2<:C: 5 2BD6 5 6 <<2 :B6 H:?>6 6 >6 B2<6 5 6 <<6 6 C:86 >H6 5 : :>F6 := 6 >D? 5 6<< H:6>5 6B:<@ 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<65 6<<6 4?>?= :4:DO5 68<: :>F6:= 6>D: 6 5 6<<6 5 :C@?>:3:<:DO 5 : 7:>2>H:2= 6>D? :> =?5? 5 B:56 >D:7:42B6 <6 24AE:C:H:?>: DDE2B6 6 B:?B:DO 5 : 2DDE2H:?>6 ( ) B65 :C@?C:H:?>6 2>>E2<6 6>DB? <2 7:>6 56 <<6C6B4:H:? :> 6B<6C6B4:H:? CE446CC:F? 5 2BD6 5 6<<. 77:4:? -64>:4? 6? 5 6<<>868>6B:2 <:>:42 :> 4?<<23?B2H:?>6 4?> :<, 56 :2>? 5 68<: :>F6:= 6 >D: B6>C:F? 5 6<<6 = 2>ED6 >H:?>: B2?B5 :>2B:6 5 : >2DEB2 :>4B6= 6B 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<6 ) B65 :C@? B64?>425 6>H22<= 6>?2>>E2<6E>@ :2>?5 68<: :>F6:= 6>D: ( 6B:?5 :4? 5 6 : 5 2D: 4?>CE>D:F: 4?> :<@ :2>? 5 68<: :>F6 := 6>D: 6 B:F:C:D2H:?>6 :> 42C? 5 : C4?2= 6>D: C:8>:7:42D:F: 5 :2>? :> 32C6 2<<6 >E?F6 6 C:86>H6 5 : :>F6:= 6 6B B?F2H:?>6 5 2BD6 5 6<<2 :B6 B6F:2F6B:7:4256 <<2C?6>:3:<:DO >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( >5 :F:5 E2H:?>6 56 <<6 7?>D: 5 : 7:>2>H:2= 6>D? 4?>DB:3ED: :>4?>D? 42@ :D2<6 4?>DB:3ED: :>4?>D? 6C6B4:H:? 4?>76 B:= 6>D: <2C4:D: 6 5?>2H:?>: 6B<24AE:? 5 6 : 46C@ :D: 496 <2 F?46 56 <<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 B:4?>4:<:2H:?>6 4?><6 B6<2D:F6 F?4: 5 : ) 2DB:=?>:?' 6DD? >5 :F:5 E2B6 2B2D2= 6>D6 :46C@ :D:24AE:C:D:4?>4?>DB:3ED: :>4?>D?6C6B4:H:? :4?>76B:= 6>D: :<2C4:D:<6 Q[ZNdV[ZV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

43 % & & % 5 BCC2 >B:42 BNVZN^QV /(-%2BBC?E6BC =;<2>6B6 >?C6 /(.%2BBC A9?56>B6 >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 :4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : YNTNddVZ[ 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<:2C@ 6DD:86:?>2<:6 4?>D23:<:5 6<<6 C4?BD6 82B2>D6 >5?E>25 68E2D?<:F6<<?5 4? B6<2H:?>6 DB2 :5 E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F? B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C: 5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< H:6>5 6B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (. D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6 B= 6DD2 :<B277B?>D?7B2?B5 :>: 6 = 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6 >D2H:?>: :> EC4:D2 5 6 <<2 = 6 B46 4?> B:76 B:= 6 >D? 2<<2 4? B6 <2H:?>6 DB2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 24?>D23:<686 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6>D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6B= 6 DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D?2ED?= 2D:4??= 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?56 <<6 = 6B4: :>456@?C:D? D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5 E2H:?>6 5 :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6F2H:?>6 6 <2 DB244:23:<:DO 5 68<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 : E>@ B?46CC?5 : DB244:23:<:DO56 8<: C42B:49: 5 : = 282HH:>?6 5 6 : DB2C76B:= 6 >D: 2< ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?@?>5 6 B2D? ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5 : 4?BB6 H:?>6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 GRTV[ZR %?= 32B5 :2 C: B:C6 BF2 5 : 5 6 7:>:B6 4?>CE446 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6<<6 72C: 5 : 24AE:C:H:?>6 B:<6 F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 5 6 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:5 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6 BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6: E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :256 8E2= 6>D?5 6 : C2<5 : 5 :3:<2>4:?4?= 6 4?>C68E6>H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( 6 7:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<:6 2<DB:2DD: 5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46C6B4:H:? B62H:?>: 6B?82D6 2H:6>D: B68:?>2<: 65 6GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6=?5 :7:42B6?6:>8E6B6 :4B65 28>2D25 2 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B65:D: : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 D6 ::496 5 : B:<6F2H:?>6 6 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?52<:DO 6 D6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6 <2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H = 6>D?

44 % & & % 5 BCC2 >B:42 BNVZN^QV /(-%2BBC?E6BC =;<2>6B6 >?C6 /(.%2BBC A9?56>B6 >?C6 BC2>52A5 ( 67:>:H:?>6 5 B?46 5EB25 : 4?>DB?<<?CE<<2B:<6F2H:?>6 5 6<<6 2<DB6 D:@?<?8:6 5 :B:42F?6 5 6<<6 C?@ B2FF6 >:6>H6 6 :>CECC:6>H6 2DD:F6 496 :>5 :49:<6 2ED?B:HH2H:?>:<6 =?5 2<:DO6 <6 ::496 5 : P[Z`NOVXVddNdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4? B6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: :>7<E:B6 CE<F2<?B6 568<: 6CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 67:>:H:?>6 5 : B?46 5EB2 2= = :>:B2D:F?(4?>D23:< B2>D:C42 :< 4?BB6DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B65 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>V`N^VR,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 NYYVZV_`^N`Vb[ 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 : B?46 5EB22= = 6B<2B:<6F2H:?>6 6 :<=?>:D?B288:? 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46C6 B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6>H25 6B:?5?56 <<6?@ 6 B2H:?>:496 92>>?86 >6 B2D?4B65 :D:6 B:42F: ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 B:C4?>D: \N VbV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 6B<2 B:4?>4:<:2H:?>6 DB2 : 4B65 :D: F6 BC? <?,D2D? :C4B:DD: >6 < 3:<2>4:?5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6<3:<2>4:?B68:?>2<6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? >?>49P DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 < 3:<2>4:? 5 6 <<2, 6 : B6 C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 ^RXN`VbR :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 _NZV`N^VR,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 2B2H:?>6 5 6<<27E>H:?>6 B:49:65 6>D6 B:C@ 6DD?2<<27E>H:?> = 6 DD6 <?B5 :>6 5 : 24AE:? 2B2H:?>6 5 6<<27E>H:?>6 24AE:: B:C@ 6DD?2<<27E>H:?> DDE2<6 B6 8:B2H:?>: :> P[Z`NOVXV`k) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 496 :5 6 >D:7:49: B6 C@?>C23:<:DO =?5 2<:DO 6 D6 : 5 6 <<6?@ 6 B2H:?>: 4?>>6 CC6 2<<6 C@ <6 D2= 6 >D? 5 6 B?46 5 EB6 5 : 6 B<2 7?B>:DEB2 5 : 36 >: 6 C6 BF:H: 6 8<: 2<D:5 E33<:4: :><:>6 24?><6 5 :C@?C:H:?>:>2H:?>2<: 6 B68:?>2<: :C4:@ <:>2B6 8<: B?FF:8:?>2= 6>D: 5 : 36>: 6 C6BF:H: C2>:D2B: 6 >?>C2>:D2B:5?4E= 6>D2>5? 6 7?B= 2<:HH2>5? :< 7<ECC?:>7?B= 2D:F?6 <6 72C: 5 B?465 EB25 : 24AE:C:H:?>6 5 6 : 36>: 6 C6 BF:H: C2>:D2B: ( 6 7:>:H:?>6 5 : B?46 5EB2?@ 6B2D:F2496 :5 6>D:7:49: B6C@?>C23:<:DO=?5 : 6 4?>DB?<<:56 <<6?@ 6 B2H:?>:4?>>6CC6 2<<24AE:?5 :36>:6 6B:AE2<:>?>C:2?33<:82D?B:2= B6F:?:<B:4?BC?282B6 288B682D6?:>5 :F:5 E2<: ( >F:?5 6 8<:?B5 :>: 5 : 24AE:?2: 7?B>:D?B: 4?>6 F:5 6 >H2 5 6 <<2ED?B:HH2H:?>6 5 2BD6 5 : E> 7E>H:?>2B:?5 B?@ B:2D?<:F6<<? >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 :682B6 5?4E= 6>D: :5?>6 : 65 B?F2D: <2C4:2>5? DB244:2 5 6 : 4?>DB?<<: CF?<D:?8>:?@ 6 B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6:>8E6 B6 : 563:D: 5 6F6 6CC6B6 B?F2D ?4E= 6>D: 496 C:2>? 4?>DB?<<2D: 65 B:= 25 6<<2<?B?B:<6F2H:?>6 P[Z`NOVXR) ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F? 4?>D23:<6 B6F ?8>:?@ 6 B2H:?>6 CEC46 DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 5 6 3:D: C: E2D2 5?4E= 6>D2H:?> D2<:5?4E= 6>D: C:2>?4?>DB?<<2D:6 5 B:= 25 6<<2<?B?B:<6F2H:?>6 P[Z`NOVXR) >5 :42B6,?' 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B:C@?>5 6 >H2 DB2 <?B5 :>6 5 : 24AE:? 6 :<5?4E= 6 >D?5 : DB2C@?BD?? 5?4E= 6 >D? :>5 :42>D6 <2FF6 B6 2H:?>6 5 6<C6BF:H:? 6 <272DDEB25 B:= 25 B?465 6B6 2<<2 B:<6F2H:?>6 5 : AE6E<D:= 2 :>4?>D23:<:DO86>6B2<6 ( /6B:7:425 6<<25 6B6>H25 6<DB2DD2= 6>D?7:C42<6 4?><6 >?B= 2D:F6 F:86>D6 2B6 6 F:5 6 >H2 5 6 : 4?>DB?<<: DDE2D: 2BD:4?<2B6 B:8E2B5? 2<<2 2B2H:?>6 5 :?B5 :>: (?776 BD6 B:49:6 6 2: ( ED?B:HH2H:?>6 5 6 <<6 5 :C@?C:H:?>: 5 282= 6 >D? 5 2 E>7E>H:?>2B:?5 : B?@ B:2D? <:F6 <<? 7?B>:D?B: ( 3?<<6 5 : 6 >DB2D2 5 6 <<2 = 6 B46 :> = 282HH:>? 2<<2 F6 B:7: <<6 72DDEB6 5 6 : 7?B>:D?B: :>D6 2H:?>6 3?<<2 72DDEB23?<<2?B5 :>642<4?<:2B:D= 6D:4:25 := 6>D:7:C42<:2ED?B:HH2H:?>6 2<@ 282= 6>D? ( ) B65 :C@?C:H:?>6 5 6<<2B:4?>4:<:2H:?>6 DB2 :<C6H:?>2<6 7?B>:D?B: 6 <24?>D23:<:DO86>6B2<6 >5 :42B6,?' 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B64?>425 6>H22<= 6>?2>>E2<6E>@ :2>?5 68<: :>F6:= 6>D: ( 6B:?5 :4? 5 6 : 5 2D: 4?>CE>D:F: 4?> :<@ :2>? 5 68<: :>F6 := 6>D: 6 B:F:C:D2H:?>6 :> 42C? 5 : C4?2= 6>D: C:8>:7:42D:F: 5 :2>? :> 32C6 2<<6 >E?F6 6 C:86>H6 5 : :>F6:= 6 6B B?F2H:?>6 5 2BD6 5 6<<2 :B6 B6F:2F6B:7:4256 <<2C?6>:3:<:DO >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( >5 :F:5 E2H:?>6 56 <<6 7?>D: 5 : 7:>2>H:2= 6>D? 4?>DB:3ED: :>4?>D? 42@ :D2<6 4?>DB:3ED: :>4?>D? 6C6B4:H:? 4?>76 B:= 6>D: <2C4:D: 6 5?>2H:?>: 6B<24AE:? 5 6 : 46C@ :D: 496 <2 F?46 56 <<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 B:4?>4:<:2H:?>6 4?><6 B6<2D:F6 F?4: 5 : ) 2DB:=?>:?' 6DD? >5 :F:5 E2B6 2B2D2= 6>D6 :46C@ :D:24AE:C:D:4?>4?>DB:3ED: :>4?>D?6C6B4:H:? :4?>76B:= 6>D: :<2C4:D:<6 Q[ZNdV[ZV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

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`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2bR^VSVPN) ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C:5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>]aR_`V[ZR) :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< 6 B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (.D:<:HH?5 :E>C:6= 24?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D?7B2?B5 :>:6= 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6>D2H:?>: :>EC4:D2 5 6<<2 = 6B46 4?>B:76B:= 6>D? 2<<2 4?BB6<2H:?>6 DB2 8<:?B5 :>: 5 B6<:6F? 52 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6 >D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 2 4?>D23:<6 86 :?>2<6 6 B= 6DD2 :<B277B?>D? 2ED?= 2D:4??= 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?56 <<6 = 6B4: :>45 D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ;RSVZVdV[>6 5 : B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 : :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6 C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 SaZdV[ZV),3 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6 F2H:?>6 6 <2 DB244:23:<:DO 56 8<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 :E>@ B?46CC?5 :DB244:23:<:DO56 8<:C42B:49:5 := 282HH:>?6 5 6 :DB2C76B:= 6 >D: NX ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?@?>5 6 B2D? ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5: 4?BB6 H:?>6 6 B?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C4256 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 +6 8:?>6 %?= 32B5 :2 C:B:C6 BF2 : 5 6 7:>:B6 4?>CE446 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6 <<6 72C: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 56 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:5 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2bR^VSVPN) ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6 BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6 : E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :25 68E2= 6>D?56 :C2<5 :5 : 3:<2>4:?4?= 6 4?>C68E6 >H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56 <<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56 <<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( 6 7:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6 B7:>2>H:2= 6 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<:6 2<DB:2DD: 5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46C6B4:H:? B62H:?>: 6B?82D6 2H:6>D: B68:?>2<: 65 6GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6=?5 :7:42B6?6:>8E6 B6 :4B6 5 28>2D252 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6 F2H:?>6 6 :56>D:7:49: <2 5?4E= 6>D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6<2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H = 6>D?

50 % & & % 5 BCC2 >B:42 BNVZN^QV /(/%2BBC >?A5 =;<2>? >?C6 /(0% & & ' =2AC6B2>2 >?C6 BC2>52A5 ( 67:>:H:?>6 5 B?46 5EB25 : 4?>DB?<<?CE<<2B:<6F2H:?>6 5 6<<6 2<DB6 D:@?<?8:6 5 :B:42F?6 5 6<<6 C?@ B2FF6 >:6>H6 6 :>CECC:6>H6 2DD:F6 496 :>5 :49:<6 2ED?B:HH2H:?>:<6 =?5 2<:DO6 <6 ::496 5 : P[Z`NOVXVddNdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 NYYVZV_`^N`Vb[ 4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4?BB6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: :>7<E:B6 CE<F2<?B6 5 68<:6 CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F? 4?>D23:< B2>D:C42 :< 4?BB6DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B6 5 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 2= = :>:B2D:F? 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 B?46 5EB22= = 6 B<2B:<6F2H:?>6 6 :<=?>:D?B288:? 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46 C6B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6>H25 6B:?5?5 6<<6?@ 6B2H:?>: >>?86>6B2D? 4B65 :D: 6 B:42F: ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 2CC:F: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2bR^VSVPN) ( 67:>:H:?>6 5 B?465 6B<2 B:4?>4:<:2H:?>6 DB2 : 4B65 :D: F6 BC? <?,D2D? :C4B:DD: >6 < 3:<2>4:?5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6<3:<2>4:?B68:?>2<6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? >?>49P DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 < 3:<2>4:? 5 6 <<2, 6 : B6 C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 2: 7:>: 5 6 <<2 F6 B:7: <<2 4?BB6 DD2 ]anz`vs:42h:?>6 5 6 : 4B6 5 :D: F6 BC?<?,D2D? 6 F6 BC?<2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:?5 6 <<2 >H7) ( ) B65 :C@?C:H:?>6 5 : B?C@ 6 DD?5 : 6B:?5 :42DB2 : 4B65 :D: F6BC?<?,D2D?B:<6F2D: 776DDE2B6 2DD:F:DO 5 : B:4?>4:<:2H:?>6 DB2 4B65 :D: F6BC? <?,D2D? :C4B:DD: >6<3:<2>4:? 5 6<<2, 6 : B6C:5 2CC:F: >6< 3:<2>4:? 5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B68:?>2<6 B:6>DB2>D: >6<<2 :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:? 5 6 <<2, 6 : B6 C:5 6B:= 6DB2H:?>6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6<<?,D2D? >?>49P DB2 : 4B65 2CC:F: :C4B:DD: >6 : 42@ :D?<:5 : 3:<2>4:?B6 8:?>2<6 F6BC? <2 +68:?>6 B:<6F2D: >6<3:<2>4:? 5 6<<2, 6 : 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 B:6 >DB2>D: >6 <<2 \R^VYR`^NdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 B6 F6 5 2 <2 2B2H:?>6 5 6 : :D: <<6 B6C@?>C23:<:DO 5 6<<6 5 :F6 BC6 72C: 5 6<<2 86:?>6 56<<6 8:246>H6 5 : 42CC2 6 4?>?= 2<6 6 B:C4?CC:?>6 5 :B6DD <<6 B68:B2H:?>: 5 68<: :>42CC: 282= 6>D: 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<286:?>6 5 6<<6 8:246>H6 5 : 42CC264?>?= 2<6 6. ) : 4B6 5 :D: 5 6 3:D: F6 BC?<:DED?IR_[^VR^R) ( ED?B:HH2H:?>6 5 6<<6 5 :C@?C:H:?>:5 282= 6>D?5 2BD6 5 6BC?>2<6 4?>25 68E2D6 6 D6 >H <6 896 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 6 <2 2B2H:?>6 5 : :D: 6 B6C@?>C23:<:DO DB2 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:<6 5 : B:42F: 6 4B6 5 :D: 6 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:< <: VZPN 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<: 5 : B:42F:4?:4B65 :D: 5 63:D: 6 <6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :>42CC: 282= 6>D: ( 6 7:>:H:?>6 5 B?46 5 EB2?@ B6F6 56 2B2H:?>6 5 : :D:6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 :B:<6F2H:?>6 4?>D23:<6 5 :4?: :D:6 <6 2DD:F:DO5 :B:<6F2H:?>6 4?>D23:< = 6>D: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( +:C4?>DB2B6 <6 B:CE<D2>H6 4?>D23:<:5 : 42CC24?><6 8:246 >H6 6776DD:F6 25 E>246BD25 2D2 D6>6>5?4?>D?2> : = 2>52D: 6 B6F6BC2<: :>C?C@ 6C? ( +:C4?>DB2B6 <6 B:CE<D2>H6 4?>D23:<:B6<2D:F6 2:4B65 :D:65 2:5 63:D: F6BC?<:DED?-6 C?B:6B6 4?> 8<: 6 B2DD: 4?>D? B:= 6 CC: 5 28<: 6 CC: ::DED: 5 : 4B6 5 :D? +62<:HH2B6 6B:?5 :4: 2BD6 5 6 BC?>2<6 :>D6B>?D6BH?5 2<<6 7E>H:?>:5 :D6C?B6B:2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6 \^[bf65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:425 B6C6>H256: 5?4E= B?F2>D:<6?@ 6B2H:?>:5 : :>42CC?@ B6CC?<:DED? -6C?B:6B6?:>42CC2 6 4?>DB?<<?AE2<:D2D:F?5 :D2<:5?4E= 6>D:2<7:>6 5 : B?F2B>6 <2B6<2D:F2 B6 8:B2H:?>6 :>4?>D23:<:DO ( /6 B:7: B6 C6 >H2 5 6 : 5?4E= 6 >D: B?F2>D: <6?@ 6 B2H:?>: 5 282= 6 >D? DB2= :D6 <:DED? -6C?B:6B6 6B42CC2 6 4?>DB?<<? AE2<:D2D:F? 5 : D2<: 5?4E= 6>D: 2< 2B2>D:B6 496 DEDD6 <6?@ 6B2H:?>:5 :42CC26 32>42C:2>?4?BB6 52D6 525?4E= 6 >D: :5?>6 :4?>DB?<<2D:25 B?F2D: 7:>6 5 : B?F2B>6 <2B6<2D:F2B68:B2H:?>6 B:= <<2 <?B?B:<6 F2H:?>6 4?>D23:<6 >5 :42B6,?' 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42?B>:B6 :5?>6 : 6<6= 6>D: 5 : := B6F:C:?>6 5 6 : 5 63:D: 5 : 4E: C: 4?>?C46 <6C:6>H2 = 2 >?> <2= =?>D2B6 = 6 B4: 24AE:C:D6? C6BF:H: B:46 FED: C6>H2 496 C:2 2D2 B:46FED2 6 4?>D23:<:HH2D2 <2 B6 <2D:F2 72DDEB2 5 63:D: 2 <E>8? D6 B= :>6 B6 >C:F: 5 6 8<: :>D6 B6 6 B: AE2<: B?3<6 = : 5 : F2<ED2H:?> :D: CE: AE2<: C:2>?= 2DEB2D: :>D6B6 CC:?@ 6>2<:DO5 2 :>C6B:B6 :>3:<2>4:?B:C49: 4?>4B6D:HH2D: :>5 63:D:PR^`V) ( 7>2<:C:5 6<<25?4E= 6>D2H:?>6 2DD62>D6 :<B:46F:= 6>D?5 := 6B4: 6?<6 C64EH:?>6 5 6B V ]anxv _V l VZ N``R_N QRXXN SN``a^N NX SVZR QV ^VXRbN^R VZ P[Z`NOVXV`k V ^RXN`VbV QROV`V \R^ SN``a^R QN ^VPRbR^R) ( >2<:C:5 6 B:>4:@ 2<:7?B>:D?B:2<7:>6 5 : :>5 2CC:F:DO>?>B68:B2D6 2>496 2<<2<E <: 68>:C?DD?C4B:DD:5 6 :3E586D6 5 68<: B6465 6>D6 ( >2<:C:6 F2<ED2H:?>6 5 6 :5 6B:AE2<:CECC:?>?@ B?3<6= :5 :F2<ED2H:?>6 25 6C6 :? <682D: 25 <EB:6>>2<: 6 5 >H:2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 496 :5 6 >D:7:49: : :D: 6 <6 B6 C@?>C23:<:DO 4?>>6 CC6 2<<6 5 :F6 BC6 72C: <682D6 2<<2 86:?>6 6 2<<2 B:<6F2H:?>6 5 6 : DB2DD2= 6>D: 64?>?= :4: 6BC?>2<6 5 :@ 6 >5 6 >D6 >?>5 :@ 6 >5 6 >D6 E>:F6 BC:D2B:?6 4?>F6 >H:?>2D? ( 88:?B>2= 6>D? 6:F? 56 <<6 2>28B27: BC?>2<6 5 :@ 6>5 6>D6 2CC:= :<2D? 2 5 :@ 6 >5 6 >D6 E>:F6 BC:D2B:? : = 6 5 :4: 4?>F6 >H:?>2D: & & ) %, 0,. & /6 D6 B:>2B:?>D:>E:DO 7 V_`RZd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bVQRZdVNXR) C@ 6 4:7:4:6>D:6 :F2<?B: :C4B:DD: :>4?>D23:<:DO86>6B2<6 ( 6 D6 B= :>2H:?>6 5 6 : 7?>5 : 4?>DB2DDE2<: 5 : 6 D6 >H2 6 >?>@ 282D: ( >2<:C: 6 := 256 8<: 2442>D?>2= 6>D: 4?>>6 CC: 2: B:>>?F: 4?>DB2DDE2<: C@ 6DD2>D: 2<@ 6BC?>2<6 QV\RZQRZ`R) ( 6B:?5 :425 68<:C4?2= 6>D:5 6 :4?:5 6<@ 6BC?>2<6 B:C@ 6 6B:?5 B6465 6>D:2<7:>6 5 : F6B:7:42B6 <2B28:?>6F?<6HH25 6 : 4?: = 6 >C:<: 6 56 <<6 B6DB:3EH:?>: 6B?82D6 ( & E>D?5 :E>7<ECC?:>7?B= 2D:F?@ 6B:<=?>:D?B288:?5 B62H:?>:6776DDE2D6 5 6BC?>2<6 2CC:= :<2D?2<5 :@ 6>5 6>D6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 F?<D2 2<<:>5 :F:5 6 B<6 5 :F6BC6 D:@?<?8:6 5 : 5 63:D: 5 : :D: 6 B6C@?>C23:<:DO 4?>>6 CC6 2<<6 7E>H:?>: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 6 86:?>6 56< 5 63:D?6 5 6 :4?BB6<2D:4?:496 B:C@ 6DD: :<@ B:>4:@ :?56 2B2H:?>6 56 <<6 2B2B6 2568E2D2= 6>D6 : :D:6 B6C@?>C23:<:DO>6<<6 72C:5 :24AE:C:H:?>6B:<6F2H:?>6 6 86:?>6 56 <5 63:D?6 5 6 : 4? B6 <2D: 4?: + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 CNZV`N^VR

52 % & & % 5 BCC2 >B:42 BNVZN^QV /(/%2BBC >?A5 =;<2>? >?C6 /(0% & & ' =2AC6B2>2 >?C6,6 B6465 6>D6 P, :>5 :42B6 B6 6B<2F6B:7:42 ( +:C4?>DB?5 6 <<6 B:CE<D2>H6 4?>D23:<: 5 6 << H:6 >5 2 4?>8<: 6 B2DD: 4?>D?:>F:2D: 5 2: 7?B>:D?B: CE B:49:6 2 C4B:DD2 DB2C= 6 CC2 5 2<< H:6 >5 2 6 CC2 ( /6B:7:42 5 6<<2 6F6>DE2<6 >646CC:DO 5 : 25 68E2= 6>D? 5 6 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 5 <:42H:?>6 5 6 : B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6G %8C 5 : 4? B6H:?>6 6 B?B:5 :256 8E2= 6 >D??2<<:>6 2= 6>D?4?><6 4?>D23:<:DO _RdV[ZNXV) +62<:HH2B6 6 B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>5 26 AE6<<6 B?F6>:6 >D: 52: B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6 776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B52B6 4?><6 H:6>56 C2>:D2B:6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 :?>6,6 B >D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( E^RQV_\[_VdV[ZR 5 : 2>2<:C: 5 6 8<: C4?2= 6 >D: C:8>:7:42D:F: 5 6 : 5 6 3:D: : 4?: 4?>CE>D:F: B:C@ 6 DD?28<: 6 CC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD? 2<3:<2>4:?5 :\^RbV_V[ZR) +62<:HH2B6 2>2<:C: 6B:?5 : <:2= =?>D2B:5 :5 63:D:6 4?:56 <@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 `RY\V_`VP965 24?>4?B52B6 4?><6 H:6>56 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6 776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B52B6 4?><6 H:6>56 C2>:D2B:6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 6 7:>:H:?>6 5 6 B? B<2 B:4?>4:<:2H:?>6 DB2 : 5 6 3:D: F6 BC? <6 H:6 >5 6 2<>6 DD? 5 6 8<: 244?>D: 8:O 6B?82D: :C4B:DD: >6<3:<2>4:? 5 6<<2, : B6 C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 6<3:<2>4:? B68:?>2<6 6 : 4B65 :D: F6 BC? <2 +68:?>6 2<>6DD? 5 68<: 244?>D: 8:O :>42CC2D: :C4B:DD: >6 : 3:<2>4: 5 6<<6 H:6>56 2:7:>:5 6<<2F6B:7:425 6<<24?BB6DD2AE2>D:7:42H:?>6 56: 56 3:D:F6 BC?<6 H:6>56 :C4B:DD: >6 < 3:<2>4:?5 6<<2, ( ) B65 :C@?C:H:?>6 5 : B?C@ 6 DD? 5 : 6B:?5 :42DB2 : 5 63:D: F6BC?<6 H:6>56 :C4B:DD: >6<3:<2>4:? 56<<2, : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 56<3:<2>4:? B68:?>2<6 6 : 4B6 5 :D: F6BC?<2 +68:?>6 :C4B:DD: >6 : 3:<2>4: 56 <<6 H:6> DDE2B6 2DD:F:DO 5 : B:4?>4:<:2H:?>6 DB :D: F6 BC?<6 H:6 >5 6 :C4B:DD: >6 <3:<2>4:?5 6 <<2, : B6 C:5 2CC:F: :C4B:DD:>6 :42@ :D?<:5 : 3:<2>4:?B68:?>2<:6 : 4B65 :D:F6BC?<2+68:?>6 B:<6F2D:>6 :3:<2>4:5 6<<6 2H:6>5 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6 776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B52B6 4?><6 H:6>56 C2>:D2B:6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?465 EB6?@ 6B2D:F6 2DD6 282B2>D:B6 B?D6H:?>6 6 <2C2<F28E2B5 :256: 36 >: >?>49Q<2446BD2= 6>D?5 6<5 :B:DD?5 B?@ B:6DOCE<<6 VYY[OVXVddNdV[ZV) ( >F6>D2B:2H:?>6 D6 6:F25 6 : 36>: B:46 FED: ( :DEH:?>6 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?465 EB6 2DD6 282B2>D:B6 :<4?>DB?<<?CE<<2 5 :C= :CC:?>6 5 6 : 46 C@ :D: ) B?D6 886 B6 6 C2<F28E2B5 2B6 : 36 >: ( /6B:7: <: :>4B6= 6 >D: 56: 4?>D: := =?3:<:HH2H:?>: = 2D6B:2<: 6 := =?3:<:HH2H:?>: := = 2D6B:2<: C:2>? 52 2DD6>5 :3:<: := 6 4?>7?B= :?F6 <:423:<: 2<<2 42C::42 <:42D:F2 6 2: ) B:>4:@ :?>D23:<: 5 : B:76 B:= 6 >D? >?>49Q 5 2<<2 5?4E= 6 >D2H:?>6 B:<6 F2>D DD6 : :< DB2C76 B:= 6 >D?5 6 <36 >6 7:4:?6 5 6 <B:C49:?4?>>6 B?@ B:6 DO 5 6 <<6 _`R R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:42 6 2>2<:C: 5 2BD6 5 6 <<2 :B6 H:?>6 6 >6 B2<6 5 6 <<6 6 C:86 >H6 5 : :>F6 := 6 >D? 5 6<< H:6>5 6B:<@ 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<65 6<<6 4?>?= :4:DO5 68<: :>F6:= 6 >D: 6 56<<6 5 :C@?>:3:<:DO 5 : 7:>2>H:2= 6>D? :> =?5? 5 B:56 >D:7:42B6 <6 24AE:C:H:?>: DDE2B6 6 B:?B:DO 5 : 2DDE2H:?>6 ( ) B65 :C@?C:H:?>6 2>>E2<6 6>DB? <2 7:>6 56 <<6C6B4:H:? :> 6B<6 C6B4:H:? CE446CC:F? 5 2BD6 5 6<<. 77:4:? -64>:4? 6? 5 6<<>868>6B:2 <:>:42 :> 4?<<23?B2H:?>6 4?> :<, 56 :2>? 5 68<: :>F6:= 6 >D: B6>C:F? 5 6<<6 = 2>ED6 >H:?>: B2?B5 :>2B:6 5 : >2DEB2 :>4B6= 6B 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<6 ) B65 :C@? B64?>425 6>H22<= 6>?2>>E2<6E>@ :2>?5 68<: :>F6:= 6>D: ( 6B:?5 :4? 5 6 : 5 2D: 4?>CE>D:F: 4?> :<@ :2>? 5 68<: :>F6 := 6>D: 6 B:F:C:D2H:?>6 :> 42C? 5 : C4?2= 6>D: C:8>:7:42D:F: 5 :2>? :> 32C6 2<<6 >E?F6 6 C:86>H6 5 : :>F6:= 6 6B B?F2H:?>6 5 2BD6 5 6<<2 B6F:2F6B:7:4256<<2C?6>:3:<:DO >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( >5 :F:5 E2H:?>6 56 <<6 7?>D: 5 : 7:>2>H:2= 6>D? 4?>DB:3ED: :>4?>D? 42@ :D2<6 4?>DB:3ED: :>4?>D? 6C6B4:H:? 4?>76 B:= 6>D: <2C4:D: 6 5?>2H:?>: 6B<24AE:? 5 6 : 46C@ :D: 496 <2 F?46 56 <<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 B:4?>4:<:2H:?>6 4?><6 B6<2D:F6 F?4: 5 : ) 2DB:=?>:?' 6DD? >5 :F:5 E2B6 2B2D2= 6>D6 :46C@ :D:24AE:C:D:4?>4?>DB:3ED: :>4?>D?6C6B4:H:? :4?>76B:= 6>D: :<2C4:D:<6 Q[ZNdV[ZV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

55 % & & % 5 BCC2 >B:42 BNVZN^QV /(1% & & ' >?C6 /)(% & & ' & '' >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 :4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : YNTNddVZ[ 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<:2C@ 6DD:86:?>2<:6 4?>D23:<:5 6<<6 C4?BD6 82B2>D6 >5?E>25 68E2D?<:F6<<?5 4? B6<2H:?>6 DB2 :5 E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F? B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C: 5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< H:6>5 6B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (. D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6 B= 6DD2 :<B277B?>D?7B2?B5 :>: 6 = 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6 >D2H:?>: :> EC4:D2 5 6 <<2 = 6 B46 4?> B:76 B:= 6 >D? 2<<2 4? B6 <2H:?>6 DB2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 24?>D23:<686 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6>D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6B= 6 DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D?2ED?= 2D:4??= 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?56 <<6 = 6B4: :>456@?C:D? D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5 E2H:?>6 5 :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6F2H:?>6 6 <2 DB244:23:<:DO 5 68<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 : E>@ B?46CC?5 : DB244:23:<:DO56 8<: C42B:49: 5 : = 282HH:>?6 5 6 : DB2C76B:= 6 >D: 2< ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?@?>5 6 B2D? ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5 : 4?BB6 H:?>6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 GRTV[ZR %?= 32B5 :2 C: B:C6 BF2 5 : 5 6 7:>:B6 4?>CE446 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6<<6 72C: 5 : 24AE:C:H:?>6 B:<6 F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 5 6 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:5 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6 BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6: E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :256 8E2= 6>D?5 6 : C2<5 : 5 :3:<2>4:?4?= 6 4?>C68E6>H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( 6 7:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<:6 2<DB:2DD: 5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46C6B4:H:? B62H:?>: 6B?82D6 2H:6>D: B68:?>2<: 65 6GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6=?5 :7:42B6?6:>8E6B6 :4B65 28>2D25 2 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B65:D: : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 D6 ::496 5 : B:<6F2H:?>6 6 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?52<:DO 6 D6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6 <2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H = 6>D?

56 % & & % 5 BCC2 >B:42 BNVZN^QV /(1% & & ' >?C6 /)(% & & ' & '' >?C6 BC2>52A5 ( 67:>:H:?>6 5 B?46 5EB25 : 4?>DB?<<?CE<<2B:<6F2H:?>6 5 6<<6 2<DB6 D:@?<?8:6 5 :B:42F?6 5 6<<6 C?@ B2FF6 >:6>H6 6 :>CECC:6>H6 2DD:F6 496 :>5 :49:<6 2ED?B:HH2H:?>:<6 =?5 2<:DO6 <6 ::496 5 : P[Z`NOVXVddNdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4? B6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: :>7<E:B6 CE<F2<?B6 568<: 6CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 67:>:H:?>6 5 : B?46 5EB2 2= = :>:B2D:F?(4?>D23:< B2>D:C42 :< 4?BB6DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B65 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 _NZV`N^VR,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 NYYVZV_`^N`Vb[ 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 : B?46 5EB22= = 6B<2B:<6F2H:?>6 6 :<=?>:D?B288:? 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46C6 B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6>H25 6B:?5?56 <<6?@ 6 B2H:?>:496 92>>?86 >6 B2D?4B65 :D:6 B:42F: ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 B:C4?>D: \N VbV) >5 :42B6,?' 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( ) B65:C@?C:H:?>6 5 : B?C@ 6DD?5 : B:4?>4:<:2H:?>6 DB2 :<F2<?B6 5 6<<6 5?>2H:?>:4?>76B:= 6>D: 6 <2C4:D: F:>4?<2D: 25 :>F6:= 6>D: B:CE<D2>D: 5 28<: 2DD: 5 : 5?>2H:?>6 :<F2<?B6 :>42CC2D? 6 8<: 5 E>DE2<= 6>D6 : 4?>76B:= 6>D: <6 5?>2H:?>: 65 : <2C4:D: F:>4?<2D: 2 :>F6:= 6>D: 6 <2 B:4?>4:<:2H:?>6 '10'22''+,+2 ')'2 +)) )1 '2'5'+,)2' +512'* +2'A> C:6 = 2D:42DB24?>76B:= 6>D: 5?>2H:?>: 6 <2C4:D: F:>4?<2D: 2 :>F6:= 6>D: 65 : 4?BB6<2D: 46C@ :D: 42@ :D2<:HH2D:>?>49Q DB22= =?BD2= 6>D: 6 6B:<:HH2H:?>:496 >6 5 :C46>5?>? ( ) B65 :C@?C:H:?>6 5 : B?C@ 6DD?5 : B:4?>4:<:2H:?>6 DB2 :<F2<?B6 5 6 : 46 C@ :D: 24AE:2D: = 65 :2>D6 4?>76 B:= 6 >D: 5?>2H:?>: 6 <2C4:D: F:>4?<2D: 25 :>F6 := 6 >D: 6 : B6 <2D:F: 7:>2>H:2= 6 >D: D6 >6 >5? 4?>D? 2> <: 2= =?BD2= 6>D:6 5 6<<6 6B:<:HH2H:?>:496 >6 5 :C46>5?>? + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 ^RXN`VbR :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 _NZV`N^VR,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 2B2H:?>6 5 6<<27E>H:?>6 B:49:65 6>D6 B:C@ 6DD?2<<27E>H:?> = 6 DD6 <?B5 :>6 5 : 24AE:? 2B2H:?>6 5 6<<27E>H:?>6 24AE:: B:C@ 6DD?2<<27E>H:?> DDE2<6 B6 8:B2H:?>: :> P[Z`NOVXV`k) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 496 :5 6 >D:7:49: B6 C@?>C23:<:DO =?5 2<:DO 6 D6 : 5 6 <<6?@ 6 B2H:?>: 4?>>6 CC6 2<<6 C@ <6 D2= 6 >D? 5 6 B?46 5 EB6 5 : 6 B<2 7?B>:DEB2 5 : 36 >: 6 C6 BF:H: 6 8<: 2<D:5 E33<:4: :><:>6 24?><6 5 :C@?C:H:?>:>2H:?>2<: 6 B68:?>2<: :C4:@ <:>2B6 8<: B?FF:8:?>2= 6>D: 5 : 36>: 6 C6BF:H: C2>:D2B: 6 >?>C2>:D2B:5?4E= 6>D2>5? 6 7?B= 2<:HH2>5? :< 7<ECC?:>7?B= 2D:F?6 <6 72C: 5 B?465 EB25 : 24AE:C:H:?>6 5 6 : 36>: 6 C6 BF:H: C2>:D2B: ( 6 7:>:H:?>6 5 : B?46 5EB2?@ 6B2D:F2496 :5 6>D:7:49: B6C@?>C23:<:DO=?5 : 6 4?>DB?<<:56 <<6?@ 6 B2H:?>:4?>>6CC6 2<<24AE:?5 :36>:6 6B:AE2<:>?>C:2?33<:82D?B:2= B6F:?:<B:4?BC?282B6 288B682D6?:>5 :F:5 E2<: ( >F:?5 6 8<:?B5 :>: 5 : 24AE:?2: 7?B>:D?B: 4?>6 F:5 6 >H2 5 6 <<2ED?B:HH2H:?>6 5 2BD6 5 : E> 7E>H:?>2B:?5 B?@ B:2D?<:F6<<? >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 :682B6 5?4E= 6>D: :5?>6 : 65 B?F2D: <2C4:2>5? DB244:2 5 6 : 4?>DB?<<: CF?<D:?8>:?@ 6 B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6:>8E6 B6 : 563:D: 5 6F6 6CC6B6 B?F2D ?4E= 6>D: 496 C:2>? 4?>DB?<<2D: 65 B:= 25 6<<2<?B?B:<6F2H:?>6 P[Z`NOVXR) ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F? 4?>D23:<6 B6F ?8>:?@ 6 B2H:?>6 CEC46 DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 5 6 3:D: C: E2D2 5?4E= 6>D2H:?> D2<:5?4E= 6>D: C:2>?4?>DB?<<2D:6 5 B:= 25 6<<2<?B?B:<6F2H:?>6 P[Z`NOVXR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:42 5 : 4? B:C@?>5 6 >H2 DB2 B:49:6 6 5 : 24AE:??776 BD6 B:46 FED6 5 2: 7?B>:D?B: 6?B5 :>: 5 : 24AE:?6 = 6 CC: ( /6 B:7:42 5 : 4? B:C@?>5 6 >H2 DB2 <?B5 :>6 5 : 24AE:? 6 :<5?4E= 6 >D?5 : DB2C@?BD?? 5?4E= 6 >D? :>5 :42>D6 <2FF6 B6 2H:?>6 5 6<C6BF:H:? 6 <272DDEB25 B:= 25 B?465 6B6 2<<2 B:<6F2H:?>6 5 : AE6E<D:= 2 :>4?>D23:<:DO86>6B2<6 ( /6B:7:425 6<<25 6B6>H25 6<DB2DD2= 6>D?7:C42<6 4?><6 >?B= 2D:F6 F:86>D6 2B6 6 F:5 6 >H2 5 6 : 4?>DB?<<: DDE2D: 2BD:4?<2B6 B:8E2B5? 2<<2 2B2H:?>6 5 :?B5 :>: (?776 BD6 B:49:6 6 2: ( ED?B:HH2H:?>6 5 6 <<6 5 :C@?C:H:?>: 5 282= 6 >D? 5 2 E>7E>H:?>2B:?5 : B?@ B:2D? <:F6 <<? 7?B>:D?B: ( 3?<<6 5 : 6 >DB2D2 5 6 <<2 = 6 B46 :> = 282HH:>? 2<<2 F6 B:7: <<6 72DDEB6 5 6 : 7?B>:D?B: :>D6 2H:?>6 3?<<2 72DDEB23?<<2?B5 :>642<4?<:2B:D= 6D:4:25 := 6>D:7:C42<:2ED?B:HH2H:?>6 2<@ 282= 6>D? ( ) B65 :C@?C:H:?>6 5 6<<2B:4?>4:<:2H:?>6 DB2 :<C6H:?>2<6 7?B>:D?B: 6 <24?>D23:<:DO86>6B2<6 >5 :42B6,?' 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D6 B= :>6 B6 >C:F: 5 6 8<: :>D6 B6 6 B: AE2<: B?3<6 = : 5 : F2<ED2H:?> :D: CE: AE2<: C:2>?= 2DEB2D: :>D6B6 CC:?@ 6>2<:DO5 2 :>C6B:B6 :>3:<2>4:?B:C49: 4?>4B6D:HH2D: :>5 63:D:PR^`V) ( >2<:C: 5 6<<25?4E= 6>D2H:?>6 2DD62>D6 :<B:46F:= 6>D?5 : = 6B4: 6? <6C6 4EH:?>6 5 : C6 6B V ]anxv _V l VZ N``R_N QRXXN SN``a^N NX SVZR QV ^VXRbN^R VZ P[Z`NOVXV`k V ^RXN`VbV QROV`V \R^ SN``a^R QN ^VPRbR^R) ( >2<:C: 5 6 : C6H:?>2<: B6<2D:F: B:>4:@ 2<: 7?B>:D?B: 2<7:>6 5 : :>5 2CC:F:DO>?>B68:B2D6 2>496 2<<2<E <: 68>:C?DD?C4B:DD:5 6 :3E586D6 5 68<: B6465 6>D6 ( >2<:C:6 F2<ED2H:?>6 5 6 :5 6B:AE2<: CECC:?>?@ B?3<6= :5 :F2<ED2H:?>6 25 6C6 :? <682D: 25 <EB:6>>2<: 6 5 >H:2<: >5 :42B6,?' 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( 88:?B>2= 6>D? 6:F? 56 <<6 2>28B27: BC?>2<6 5 :@ 6>5 6>D6 2CC:= :<2D? 2 5 :@ 6 >5 6>D6 E>:F6BC:D2B:? 6 56: = 65:4: 4?>F6 >H:?>2D: & & ) %, 0,.& /6D6B:>2B:?>D:>E:DO 7 V_`RZd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bVQRZdVNXR) C@ 6 4:7:4:6>D:6 :F2<?B: :C4B:DD: :>4?>D23:<:DO86>6B2<6 ( 6 D6 B= :>2H:?>6 5 6 : 7?>5 : 4?>DB2DDE2<: 5 : 6 D6 >H2 6 >?>@ 282D: ( >2<:C: 6 := 256 8<: 2442>D?>2= 6>D: 4?>>6 CC: 2: B:>>?F: 4?>DB2DDE2<: C@ 6DD2>D: 2<@ 6BC?>2<6 QV\RZQRZ`R) ( 6B:?5 :425 68<:C4?2= 6>D:5 6 : 4?:5 6<@ 6BC?>2<6 B:C@ 6B:?5 B6465 6>D:2<7:>6 5 : F6B:7:42B6 <2B28:?>6F?<6HH25 6 : 4?: = 6 >C:<: 6 56 <<6 B6DB:3EH:?>: 6B?82D6 ( & E>D?5 :E>7<ECC?:>7?B= 2D:F?@ 6B:<=?>:D?B288:?5 B6 2H:?>:6776DDE2D6 5 6BC?>2<6 2CC:= :<2D?2<5 :@ 6>5 6>D6 >5 :42B6,?' 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

61 % & & % 5 BCC2 >B:42 BNVZN^QV /))% & & ' E2<<6?<?>2 >?C6 /)*% & & ' % >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 :4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : YNTNddVZ[ 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<:2C@ 6DD:86:?>2<:6 4?>D23:<:5 6<<6 C4?BD6 82B2>D6 >5?E>25 68E2D?<:F6<<?5 4? B6<2H:?>6 DB2 :5 E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F? B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C: 5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< H:6>5 6B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (. D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6 B= 6DD2 :<B277B?>D?7B2?B5 :>: 6 = 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6 >D2H:?>: :> EC4:D2 5 6 <<2 = 6 B46 4?> B:76 B:= 6 >D? 2<<2 4? B6 <2H:?>6 DB2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 24?>D23:<686 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6>D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6B= 6 DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D?2ED?= 2D:4??= 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?56 <<6 = 6B4: :>456@?C:D? D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5 E2H:?>6 5 :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6F2H:?>6 6 <2 DB244:23:<:DO 5 68<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 : E>@ B?46CC?5 : DB244:23:<:DO56 8<: C42B:49: 5 : = 282HH:>?6 5 6 : DB2C76B:= 6 >D: 2< ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?@?>5 6 B2D? ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5 : 4?BB6 H:?>6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 GRTV[ZR %?= 32B5 :2 C: B:C6 BF2 5 : 5 6 7:>:B6 4?>CE446 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6<<6 72C: 5 : 24AE:C:H:?>6 B:<6 F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 5 6 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:5 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6 BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6: E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :256 8E2= 6>D?5 6 : C2<5 : 5 :3:<2>4:?4?= 6 4?>C68E6>H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( 6 7:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<:6 2<DB:2DD: 5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46C6B4:H:? B62H:?>: 6B?82D6 2H:6>D: B68:?>2<: 65 6GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6=?5 :7:42B6?6:>8E6B6 :4B65 28>2D25 2 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B65:D: : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 D6 ::496 5 : B:<6F2H:?>6 6 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?52<:DO 6 D6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6 <2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H = 6>D?

62 % & & % 5 BCC2 >B:42 BNVZN^QV /))% & & ' E2<<6?<?>2 >?C6 /)*% & & ' % >?C6 BC2>52A5 ( 67:>:H:?>6 5 B?46 5EB25 : 4?>DB?<<?CE<<2B:<6F2H:?>6 5 6<<6 2<DB6 D:@?<?8:6 5 :B:42F?6 5 6<<6 C?@ B2FF6 >:6>H6 6 :>CECC:6>H6 2DD:F6 496 :>5 :49:<6 2ED?B:HH2H:?>:<6 =?5 2<:DO6 <6 ::496 5 : P[Z`NOVXVddNdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4? B6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: :>7<E:B6 CE<F2<?B6 568<: 6CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 67:>:H:?>6 5 : B?46 5EB2 2= = :>:B2D:F?(4?>D23:< B2>D:C42 :< 4?BB6DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B65 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>V`N^VR,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 NYYVZV_`^N`Vb[ 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 : B?46 5EB22= = 6B<2B:<6F2H:?>6 6 :<=?>:D?B288:? 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46C6 B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6>H25 6B:?5?56 <<6?@ 6 B2H:?>:496 92>>?86 >6 B2D?4B65 :D:6 B:42F: ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 B:C4?>D: \N VbV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 6B<2 B:4?>4:<:2H:?>6 DB2 : 4B65 :D: F6 BC? <?,D2D? :C4B:DD: >6 < 3:<2>4:?5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6<3:<2>4:?B68:?>2<6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? >?>49P DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 < 3:<2>4:? 5 6 <<2, 6 : B6 C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 2: 7:>: 5 6 <<2 F6 B:7: <<2 4?BB6 DD2 AE2>D:7:42H:?>6 5 6 : 4B6 5 :D: F6 BC?<?,D2D?6 F6 BC?<2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:?5 6 <<2 >H7) ( ) B65 :C@?C:H:?>6 5 : B?C@ 6 DD?5 : 6B:?5 :42DB2 : 4B65 :D: F6BC?<?,D2D?B:<6F2D: 776 DDE2B6 2DD:F:DO 5 : B:4?>4:<:2H:?>6 DB2 4B6 5 :D: F6 BC? <?,D2D? :C4B:DD: >6 <3:<2>4:? 5 6 <<2, 6 : B6 C:5 2CC:F: >6< 3:<2>4:? 5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B68:?>2<6 B:6>DB2>D: >6<<2 :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:? 5 6 <<2, 6 : B6 C:5 6B:= 6DB2H:?>6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6<<?,D2D? >?>49P DB2 : 4B65 2CC:F: :C4B:DD: >6 : 42@ :D?<:5 : 3:<2>4:?B6 8:?>2<6 ) F6BC? <2 +68:?>6 B:<6F2D: >6<3:<2>4:? 5 6<<2, 6 : 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 B:6 >DB2>D: >6 <<2 \R^VYR`^NdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 B6 F6 5 2 <2 2B2H:?>6 5 6 : :D: <<6 B6C@?>C23:<:DO 5 6<<6 5 :F6 BC6 72C: 5 6<<2 86:?>6 56<<6 8:246 >H6 5 : 42CC2 64?>?= 2<6 6 B:C4?CC:?>6 5 :B6DD <<6 B68:B2H:?>: 5 68<: :>42CC: 282= 6>D: 2B2B6 2568E2D2= 6>D6 :D:6 B6C@?>C23:<:DO>6 <<286:?>6 56 <<6 8:246>H6 5 : 42CC264?>?= 2<6 6. ) : 4B6 5 :D: 5 6 3:D: F6 BC?<:DED?IR_[^VR^R) ( ED?B:HH2H:?>6 5 6<<6 5 :C@?C:H:?>:5 282= 6>D?5 2BD6 5 6BC?>2<6 4?>25 68E2D6 6 D6 >H6 6 QRXRTUR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F6 56 <2 2B2H:?>6 5 : :D: 6 B6C@?>C23:<:DO DB2 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:<6 5 : B:42F: 6 4B65 :D: 6 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:< <: VZPN 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 : B:<6 F2H:?>6 4?>D23:<: 5 : B:42F:4?:4B6 5 :D: 5 63:D: 6 <6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :>42CC: 282= 6>D: ( 6 7:>:H:?>6 5 B?46 5 EB2?@ B6F65 6 2B2H:?>6 5 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :4?: 6 563:D: 6 <6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:< = 6>D: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( +:C4?>DB2B6 <6 B:CE<D2>H6 4?>D23:<:5 : 42CC24?><6 8:246>H DD:F6 25 E>246 BD25 2D2 D6>6>5?4?>D?2> := 2>52D:6 B6F6BC2<: :>C?C@ 6C? ( +:C4?>DB2B6 <6 B:CE<D2>H6 4?>D23:<:B6<2D:F6 2:4B65 :D:65 2:5 63:D: F6BC?<:DED?-6 C?B:6B6 4?> 8<: 6 B2DD: 4?>D?B:= 6 CC: 5 28<: 6 CC: ::DED: 5 : 4B6 5 :D? +62<:HH2B6 6B:?5 :4: 2BD6 5 6 BC?>2<6 :>D6B>?D6BH?5 2<<6 7E>H:?>:5 :D6C?B6B:2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56 <<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:425 B6C6>H256: 5?4E= B?F2>D:<6?@ 6B2H:?>:5 : :>42CC?@ B6CC?<:DED? -6C?B:6B6?:>42CC2 6 4?>DB?<<?AE2<:D2D:F?5 : D2<: 5?4E= 6>D: 2<7:>6 5 : B?F2B>6 <2B6<2D:F2 ^RTV_`^2H:?>6 :>4?>D23:<:DO ( /6 B:7: B6 C6 >H2 5 6 : 5?4E= 6 >D: B?F2>D: <6?@ 6 B2H:?>: 5 282= 6 >D? DB2= :D6 <:DED? -6C?B:6B6 6B42CC2 6 4?>DB?<<? AE2<:D2D:F? 5 : D2<: 5?4E= 6>D: 2< 2B2>D:B6 496 DEDD6 <6?@ 6B2H:?>:5 :42CC26 32>42C:2>?4?BB65 2D6 5 25?4E= 6>D: :5?>6 :4?>DB?<<2D:25 B?F2D: 7:>6 5 : B?F2B>6 <2B6<2D:F2B68:B2H:?>6 B:= <<2 <?B?B:<6 F2H:?>6 4?>D23:<6 >5 :42B6,?' 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B:C@?>5 6 >H2 DB2 <?B5 :>6 5 : 24AE:? 6 :<5?4E= 6 >D?5 : DB2C@?BD?? 5?4E= 6 >D? :>5 :42>D6 <2FF6 B6 2H:?>6 5 6<C6BF:H:? 6 <272DDEB25 B:= 25 B?465 6B6 2<<2 B:<6F2H:?>6 5 : AE6E<D:= 2 :>4?>D23:<:DO86>6B2<6 ( /6B:7:425 6<<25 6B6>H25 6<DB2DD2= 6>D?7:C42<6 4?><6 >?B= 2D:F6 F:86>D6 2B6 6 F:5 6 >H2 5 6 : 4?>DB?<<: DDE2D: 2BD:4?<2B6 B:8E2B5? 2<<2 2B2H:?>6 5 :?B5 :>: (?776 BD6 B:49:6 6 2: ( ED?B:HH2H:?>6 5 6 <<6 5 :C@?C:H:?>: 5 282= 6 >D? 5 2 E>7E>H:?>2B:?5 : B?@ B:2D? <:F6 <<? 7?B>:D?B: ( 3?<<6 5 : 6 >DB2D2 5 6 <<2 = 6 B46 :> = 282HH:>? 2<<2 F6 B:7: <<6 72DDEB6 5 6 : 7?B>:D?B: :>D6 2H:?>6 3?<<2 72DDEB23?<<2?B5 :>642<4?<:2B:D= 6D:4:25 := 6>D:7:C42<:2ED?B:HH2H:?>6 2<@ 282= 6>D? ( ) B65 :C@?C:H:?>6 5 6<<2B:4?>4:<:2H:?>6 DB2 :<C6H:?>2<6 7?B>:D?B: 6 <24?>D23:<:DO86>6B2<6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6^VSVPN)?B>:B6 :5?>6 : 6<6= 6>D: 5 : := B6F:C:?>6 5 6 : 5 63:D: 5 : 4E: C: 4?>?C46 <6C:6>H2 = 2 >?> <2= =?>D2B6 = 6 B4: 24AE:C:D6? C6BF:H: B:46 FED: C6>H2 496 C:2 2D2 B:46FED2 6 4?>D23:<:HH2D2 <2 B6 <2D:F2 72DDEB2 5 63:D: 2 <E>8? D6 B= :>6 B6 >C:F: 5 6 8<: :>D6 B6 6 B: AE2<: B?3<6 = : 5 : F2<ED2H:?> :D: CE: AE2<: C:2>?= 2DEB2D: :>D6B6 CC:?@ 6>2<:DO5 2 :>C6B:B6 :>3:<2>4:?B:C49: 4?>4B6D:HH2D: :>5 63:D:PR^`V) ( >2<:C: 5 6<<25?4E= 6>D2H:?>6 2DD62>D6 :<B:46F:= 6>D?5 : = 6B4: 6? <6C6 4EH:?>6 5 : C6 6B V ]anxv _V l VZ N``R_N QRXXN SN``a^N NX SVZR QV ^VXRbN^R VZ P[Z`NOVXV`k V ^RXN`VbV QROV`V \R^ SN``a^R QN ^VPRbR^R) ( >2<:C: 5 6 : C6H:?>2<: B6<2D:F: B:>4:@ 2<: 7?B>:D?B: 2<7:>6 5 : :>5 2CC:F:DO>?>B68:B2D6 2>496 2<<2<E <: 68>:C?DD?C4B:DD:5 6 :3E586D6 5 68<: B6465 6>D6 ( >2<:C:6 F2<ED2H:?>6 5 6 :5 6B:AE2<: CECC:?>?@ B?3<6= :5 :F2<ED2H:?>6 25 6C6 :? <682D: 25 <EB:6>>2<: 6 5 >H:2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 496 :5 6 >D:7:49: : :D: 6 <6 B6 C@?>C23:<:DO 4?>>6 CC6 2<<6 5 :F6 BC6 72C: <682D6 2<<2 86:?>6 6 2<<2 B:<6F2H:?>6 5 6 : DB2DD2= 6>D: 6 4?>?= :4: 6BC?>2<6 5 :@ 6 >5 6 >D6 >?>5 :@ 6 >5 6 >D6 E>:F6 BC:D2B:?6 4?>F6 >H:?>2D? ( 88:?B>2= 6>D? 6:F? 56 <<6 2>28B27: BC?>2<6 5 :@ 6>5 6>D6 2CC:= :<2D? 2 5 :@ 6 >5 6>D6 E>:F6BC:D2B:? 6 56: = 65:4: 4?>F6 >H:?>2D: & & ) %, 0,.& /6D6B:>2B:?>D:>E:DO 7 V_`RZd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bVQRZdVNXR) C@ 6 4:7:4:6>D:6 :F2<?B: :C4B:DD: :>4?>D23:<:DO86>6B2<6 ( 6 D6 B= :>2H:?>6 5 6 : 7?>5 : 4?>DB2DDE2<: 5 : 6 D6 >H2 6 >?>@ 282D: ( >2<:C: 6 := 256 8<: 2442>D?>2= 6>D: 4?>>6 CC: 2: B:>>?F: 4?>DB2DDE2<: C@ 6DD2>D: 2<@ 6BC?>2<6 QV\RZQRZ`R) ( 6B:?5 :425 68<:C4?2= 6>D:5 6 : 4?:5 6<@ 6BC?>2<6 B:C@ 6B:?5 B6465 6>D:2<7:>6 5 : F6B:7:42B6 <2B28:?>6F?<6HH25 6 : 4?: = 6 >C:<: 6 56 <<6 B6DB:3EH:?>: 6B?82D6 ( & E>D?5 :E>7<ECC?:>7?B= 2D:F?@ 6B:<=?>:D?B288:?5 B6 2H:?>:6776DDE2D6 5 6BC?>2<6 2CC:= :<2D?2<5 :@ 6>5 6>D6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 F?<D2 2<<:>5 :F:5 6 B<6 5 :F6BC6 D:@?<?8:6 5 : 5 63:D: 5 : :D: 6 B6C@?>C23:<:DO 4?>>6 CC6 2<<6 7E>H:?>: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 6 86:?>6 56< 5 63:D?6 5 6 :4?BB6<2D:4?:496 B:C@ 6DD: :<@ B:>4:@ :?56 2B2H:?>6 56 <<6 2B2B6 2568E2D2= 6>D6 : :D:6 B6C@?>C23:<:DO>6<<6 72C:5 :24AE:C:H:?>6B:<6F2H:?>6 6 86:?>6 56 <5 63:D?6 5 6 : 4? B6 <2D: 4?: + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2ZV`N^VR

64 % & & % 5 BCC2 >B:42 BNVZN^QV /))% & & ' E2<<6?<?>2 >?C6 /)*% & & ' % >?C6,6 B6465 6>D6 P, :>5 :42B6 6B<2bR^VSVPN) ( +:C4?>DB?5 6 <<6 B:CE<D2>H6 4?>D23:<: 5 6 << H:6 >5 2 4?>8<: 6 B2DD: 4?>D? :>F:2D: 5 2: 7?B>:D?B: CE B:49:6 2 C4B:DD2 DB2C= 6 CC2 5 2<< H:6 >5 2 6 CC2 ( /6B:7:42 5 6<<2 6F6>DE2<6 >646CC:DO 5 : 25 68E2= 6>D? 5 6 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 5 <:42H:?>6 5 6 : B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6G %8C 5 : 4? B6H:?>6 6 B?B:5 :256 8E2= 6 >D??2<<:>6 2= 6>D?4?><6 4?>D23:<:DO _RdV[ZNXV) +62<:HH2B6 6 B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>5 26 AE6<<6 B?F6>:6 >D: 52: B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6 776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B52B6 4?><6 H:6>56 C2>:D2B:6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6B<?3:6DD:F?:>AE6 :?>6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( ) B6 5 :C@?C:H:?>6 5 : 2>2<:C: 5 6 8<: C4?2= 6 >D: C:8>:7:42D:F: 5 6 : 5 6 3:D: : 4?: 4?>CE>D:F: B:C@ 6 DD?28<: 6 CC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD? 2<3:<2>4:?5 :\^RbV_V[ZR) +62<:HH2B6 2>2<:C: 6B:?5 : <:2= =?>D2B:5 :5 63:D:6 4?:56 <@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6 776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B52B6 4?><6 H:6>56 C2>:D2B:6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 :?>6,6 B >D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 6 B? B<2 B:4?>4:<:2H:?>6 DB2 : 5 6 3:D: F6 BC? <6 H:6 >5 6 2<>6 DD? 5 6 8<: 244?>D: 8:O 6B?82D: :C4B:DD: >6<3:<2>4:? 5 6<<2, : B6 C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 6<3:<2>4:? B68:?>2<6 6 : 4B65 :D: F6 BC? <2 +68:?>6 2<>6DD? 5 68<: 244?>D: 8:O :>42CC2D: :C4B:DD: >6 : 3:<2>4: 5 6<<6 H:6>56 2:7:>:5 6<<2F6B:7:425 6<<24?BB6DD2AE2>D:7:42H:?>6 56: 56 3:D:F6 BC?<6 H:6>56 :C4B:DD: >6 < 3:<2>4:?5 6 <<2 >H7) ( ) B65 :C@?C:H:?>6 5 : B?C@ 6 DD? 5 : 6B:?5 :42DB2 : 5 63:D: F6BC?<6 H:6>56 :C4B:DD: >6<3:<2>4:? 56<<2, : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 56<3:<2>4:? B68:?>2<6 6 : 4B6 5 :D: F6BC? <2 +68:?>6 :C4B:DD: >6 : 3:<2>4: 56 <<6 H:6> DDE2B6 2DD:F:DO 5 : B:4?>4:<:2H:?>6 DB :D: F6 BC?<6 H:6 >5 6 :C4B:DD: >6 <3:<2>4:?5 6 <<2, : B6 C:5 2CC:F: :C4B:DD:>6 :42@ :D?<:5 :3:<2>4:?B68:?>2<:6 : 4B65 :D:F6BC?<2+68:?>6 B:<6F2D:>6 :3:<2>4: 56 <<6 2H:6 >5 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6 776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B52B6 4?><6 H:6>56 C2>:D2B:6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

65 % & & % 5 BCC2 >B:42 BNVZN^QV & + % & ' & & % ' & ') /)+% & & ' ) ' ' % >?C6 /),% & & ' ) >?C6 ( 67:>:H:?>6 5 :25 B?465 EB6?@ 6 B2D:F6 :>8B25?5 :72B7B?>D6 28<:?33<:89:>?B= 2D:F:6 2: B:C49: 2H:6 >5 2<: ( DD:F2H:?>6 5 : E> C:6= 6B<2 B244?<D2 6 <2 5 :FE<82H:?>6 56<<6 <688: : B68?<2= 6>D: 496 4?>C6>D2 :< =?>:D?B288:? 4?2>D6 56 : 42= 3:2= 6>D: >?B= 2D:F: =?5 :7:496 2>496 2B2D?2= = :>:B2D:F??B82>:HH2D:F?6 4?>D23:<6 QRXX7dVRZQN) ( 5?H:?>6 5 : E>4?5 :46 6D:4?6 5 6?>D?<?8:4?4?>7?B= 6 B6F:: 52<<2>?B= 2D:F2 ) B6F6 >:B6 65 :56>D:7:42B6 6 F6>DE2<: 6>D: >?> 4?>7?B= : 2 <6 88: 6 B68?<2= 6>D: :2>? 2DD? bvtrz`r) C:8>:7:42D:F? :> 3:<2>4:? 2DDB2F6BC? 25 :? :< =?>:D?B288:? 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?46 5EB6?@ 6B2D:F6 2DD6 282B2>D:B6 B?D6H:?>6 6 <2C2<F28E2B5 :256: 36 >: >?>49Q<2446BD2= 6>D?5 6<5 :B:DD?5 B?@ B:6DOCE<<6 VYY[OVXVddNdV[ZV) ( >F6>D2B:2H:?>6 D6 6:F25 6 : 36>: ^VPRba`V) ( :DEH:?>6 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?465 EB6 2DD6 282B2>D:B6 :<4?>DB?<<?CE<<2 5 :C= :CC:?>6 5 6 : 46 C@ :D: ) B?D6 886 B6 6 C2<F28E2B5 2B6 : 36 >: ( /6B:7: <: :>4B6= 6 >D: 56: 4?>D: := =?3:<:HH2H:?>: = 2D6B:2<: 6 := =?3:<:HH2H:?>: := = 2D6B:2<: C:2>? 52 2DD6>5 :3:<: := 6 4?>7?B= :?F6 <:423:<: 2<<2 42C::42 <:42D:F2 6 2: ) B:>4:@ :?>D23:<: 5 : B:76 B:= 6 >D? >?>49Q 5 2<<2 5?4E= 6 >D2H:?>6 B:<6 F2>D DD6 : :< DB2C76 B:= 6 >D?5 6 <36 >6 7:4:?6 5 6 <B:C49:?4?>>6 B?@ B:6 DO 5 6 <<6 _`R R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6 \^[bf65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:42 6 2>2<:C: 5 2BD6 5 6 <<2 :B6 H:?>6 6 >6 B2<6 5 6 <<6 6 C:86 >H6 5 : :>F6 := 6 >D? 5 6<< H:6>5 6B:<@ 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<65 6<<6 4?>?= :4:DO5 68<: :>F6:= 6>D: 6 5 6<<6 5 :C@?>:3:<:DO 5 : 7:>2>H:2= 6>D? :> =?5? 5 B:56 >D:7:42B6 <6 24AE:C:H:?>: DDE2B6 6 B:?B:DO 5 : 2DDE2H:?>6 ( ) B65 :C@?C:H:?>6 2>>E2<6 6>DB? <2 7:>6 56 <<6C6B4:H:? :> 6B<6C6B4:H:? CE446CC:F? 5 2BD6 5 6<<. 77:4:? -64>:4? 6? 5 6<<>868>6B:2 <:>:42 :> 4?<<23?B2H:?>6 4?> :<, 56 :2>? 5 68<: :>F6:= 6 >D: B6>C:F? 5 6<<6 = 2>ED6 >H:?>: B2?B5 :>2B:6 5 : >2DEB2 :>4B6= 6B 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<6 ) B65 :C@? B64?>425 6>H22<= 6>?2>>E2<6E>@ :2>?5 68<: :>F6:= 6>D: ( 6B:?5 :4? 5 6 : 5 2D: 4?>CE>D:F: 4?> :<@ :2>? 5 68<: :>F6 := 6>D: 6 B:F:C:D2H:?>6 :> 42C? 5 : C4?2= 6>D: C:8>:7:42D:F: 5 :2>? :> 32C6 2<<6 >E?F6 6 C:86>H6 5 : :>F6:= 6 6B B?F2H:?>6 5 2BD6 5 6<<2 :B6 B6F:2F6B:7:4256 <<2C?6>:3:<:DO >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( >5 :F:5 E2H:?>6 56 <<6 7?>D: 5 : 7:>2>H:2= 6>D? 4?>DB:3ED: :>4?>D? 42@ :D2<6 4?>DB:3ED: :>4?>D? 6C6B4:H:? 4?>76 B:= 6>D: <2C4:D: 6 5?>2H:?>: 6B<24AE:? 5 6 : 46C@ :D: 496 <2 F?46 56 <<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 B:4?>4:<:2H:?>6 4?><6 B6<2D:F6 F?4: 5 : ) 2DB:=?>:?' 6DD? >5 :F:5 E2B6 2B2D2= 6>D6 :46C@ :D:24AE:C:D:4?>4?>DB:3ED: :>4?>D?6C6B4:H:? :4?>76B:= 6>D: :<2C4:D:<6 Q[ZNdV[ZV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

67 % & & % 5 BCC2 >B:42 BNVZN^QV & + % & ' & & % ' & ') /)+% & & ' ) ' ' % >?C6 /),%2BBC 56<<2 E2<42=?>;42 >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 :4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : = 282HH:>? 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<: 2C@ 6DD: 86:?>2<: 6 4?>D23:<: 56 <<6 C4?BD6 82B2>D6>5?E>25 68E2D?<:F6<<?5 4?BB6<2H:?>6 DB2 : 5 E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 `RY\V_`VPU 5 24?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C: 5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>: 2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 : 2>2<:C:6 6B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 56 < C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 52<< H:6>5 6B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D?7B2?B5 :>: 6= 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 \^[bf65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6>D2H:?>: :>EC4:D2 5 6<<2 = 6B46 4?>B:76B:= 6>D? 2<<2 4?BB6<2H:?>6 DB2 8<:?B5 :>: 5 B6<:6F? 52 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 24?>D23:<686 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6>D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6B= 6 DD2 :<B277B?>D?2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?5 6<<6 = 6B4: :>45 D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6 C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:[ZV) ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6 C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 5 2B2H:?>6 5 6<<6 7E>H:?>: 6:B6 : = 282HH:>: :>=?5?5 2 82B2>D:B6 <2 2B2H:?>6 DB27E>H:?>: 5 : 4?>D23:<:DO5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6 F2H:?>6 6 <2 DB244:23:<:DO 56 8<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 :E>@ B?46CC?5 :DB244:23:<:DO56 8<:C42B:49:5 : = 282HH:>?6 5 6 :DB2C76B:= 6>D:2< ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?\[ZQR^N`[) ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4?BB6 H:?>6 6 B?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C425 B6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6 <<6 72C: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 56 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:52@ 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6 : E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :25 68E2= 6>D?56: C2<5 :5 : 3:<2>4:?4?= 6 4?>C68E6>H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6 B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( ;RSVZVdV[ZR 5 : B?465 EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6 B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<: 6 2<DB:2DD:5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46 C6 B4:H:? 6 B6 2H:?>: 6 B?82D6 2H:6 >D: B6 8:?>2<: GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6?6 :>8E6B6 : 4B65 28>2D25 2 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6 F2H:?>6 6 :56>D:7:49: <2 5?4E= 6>D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4?BB6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: :>7<E:B6 CE<F2<?B6 5 68<:6 CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 67:>:H:?>6 5 : B?46 5EB2 2= = :>:B2D:F?(4?>D23:< B2>D:C42 :< 4?BB6DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B6 5 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6 B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C <: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) >5 :42B6,?' 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

73 % & & % 5 BCC2 >B:42 BNVZN^QV /)-% & & ' >?C6 /).% & & ' + >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 :4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : = 282HH:>? 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<:2C@ 6DD:86:?>2<:6 4?>D23:<:5 6<<6 C4?BD6 82B2>D6>5?E>25 68E2D?<:F6 <<?5 4? B6<2H:?>6 DB2 : 5E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C: 5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< H:6>5 6B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (. D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6 B= 6DD2 :<B277B?>D?7B2?B5 :>: 6 = 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6 >D2H:?>: :> EC4:D2 5 6 <<2 = 6 B46 4?> B:76 B:= 6 >D? 2<<2 4? B6 <2H:?>6 DB2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 24?>D23:<686 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6>D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6B= 6 DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D?2ED?= 2D:4??= 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?56 <<6 = 6B4: :>456@?C:D? D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5 E2H:?>6 5 :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6F2H:?>6 6 <2 DB244:23:<:DO 5 68<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 : E>@ B?46CC?5 : DB244:23:<:DO56 8<: C42B:49: 5 : = 282HH:>?6 5 6 : DB2C76B:= 6 >D: 2< ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?@?>5 6 B2D? ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5 : 4?BB6 H:?>6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 GRTV[ZR %?= 32B5 :2 C: B:C6 BF2 5 : 5 6 7:>:B6 4?>CE446 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6<<6 72C: 5 : 24AE:C:H:?>6 B:<6 F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 5 6 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:5 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6 BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6: E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :256 8E2= 6>D?5 6 : C2<5 : 5 :3:<2>4:?4?= 6 4?>C68E6>H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( 6 7:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<:6 2<DB:2DD: 5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46C6B4:H:? B62H:?>: 6B?82D6 2H:6>D: B68:?>2<: 65 6GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6=?5 :7:42B6?6:>8E6B6 :4B65 28>2D25 2 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B65:D: : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 D6 ::496 5 : B:<6F2H:?>6 6 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?52<:DO 6 D6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6 <2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H = 6>D?

74 % & & % 5 BCC2 >B:42 BNVZN^QV /)-% & & ' >?C6 /).% & & ' + >?C6 BC2>52A5 ( 67:>:H:?>6 5 B?46 5EB25 : 4?>DB?<<?CE<<2B:<6F2H:?>6 5 6<<6 2<DB6 D:@?<?8:6 5 :B:42F?6 5 6<<6 C?@ B2FF6 >:6>H6 6 :>CECC:6>H6 2DD:F6 496 :>5 :49:<6 2ED?B:HH2H:?>:<6 =?5 2<:DO6 <6 ::496 5 : P[Z`NOVXVddNdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4? B6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: :>7<E:B6 CE<F2<?B6 568<: 6CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 67:>:H:?>6 5 : B?46 5EB2 2= = :>:B2D:F?(4?>D23:< B2>D:C42 :< 4?BB6DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B65 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 _NZV`N^VR,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 NYYVZV_`^N`Vb[ 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 : B?46 5EB22= = 6B<2B:<6F2H:?>6 6 :<=?>:D?B288:? 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46C6 B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6>H25 6B:?5?56 <<6?@ 6 B2H:?>:496 92>>?86 >6 B2D?4B65 :D:6 B:42F: ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 B:C4?>D: \N VbV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 6B<2 B:4?>4:<:2H:?>6 DB2 : 4B65 :D: F6 BC? <?,D2D? :C4B:DD: >6 < 3:<2>4:?5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6<3:<2>4:?B68:?>2<6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? >?>49P DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 < 3:<2>4:? 5 6 <<2, 6 : B6 C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 2: 7:>: 5 6 <<2 F6 B:7: <<2 4?BB6 DD2 AE2>D:7:42H:?>6 5 6 : 4B6 5 :D: F6 BC?<?,D2D?6 F6 BC?<2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:?5 6 <<2 >H7) ( ) B65 :C@?C:H:?>6 5 : B?C@ 6 DD?5 : 6B:?5 :42DB2 : 4B65 :D: F6BC?<?,D2D?B:<6F2D: 776 DDE2B6 2DD:F:DO 5 : B:4?>4:<:2H:?>6 DB2 4B6 5 :D: F6 BC? <?,D2D? :C4B:DD: >6 <3:<2>4:? 5 6 <<2, 6 : B6 C:5 2CC:F: >6< 3:<2>4:? 5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B68:?>2<6 B:6>DB2>D: >6<<2 :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:? 5 6 <<2, 6 : B6 C:5 6B:= 6DB2H:?>6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6<<?,D2D? >?>49P DB2 : 4B65 2CC:F: :C4B:DD: >6 : 42@ :D?<:5 : 3:<2>4:?B6 8:?>2<6 ) F6BC? <2 +68:?>6 B:<6F2D: >6<3:<2>4:? 5 6<<2, 6 : 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 B:6 >DB2>D: >6 <<2 \R^VYR`^NdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 B6 F6 5 2 <2 2B2H:?>6 5 6 : :D: <<6 B6C@?>C23:<:DO 5 6<<6 5 :F6 BC6 72C: 5 6<<2 86:?>6 56<<6 8:246 >H6 5 : 42CC2 64?>?= 2<6 6 B:C4?CC:?>6 5 :B6DD <<6 B68:B2H:?>: 5 68<: :>42CC: 282= 6>D: 2B2B6 2568E2D2= 6>D6 :D:6 B6C@?>C23:<:DO>6 <<286:?>6 56 <<6 8:246>H6 5 : 42CC264?>?= 2<6 6. ) : 4B6 5 :D: 5 6 3:D: F6 BC?<:DED?IR_[^VR^R) ( ED?B:HH2H:?>6 5 6<<6 5 :C@?C:H:?>:5 282= 6>D?5 2BD6 5 6BC?>2<6 4?>25 68E2D6 6 D6 >H6 6 QRXRTUR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F6 56 <2 2B2H:?>6 5 : :D: 6 B6C@?>C23:<:DO DB2 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:<6 5 : B:42F: 6 4B65 :D: 6 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:< <: VZPN 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 : B:<6 F2H:?>6 4?>D23:<: 5 : B:42F:4?:4B6 5 :D: 5 63:D: 6 <6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :>42CC: 282= 6>D: ( 6 7:>:H:?>6 5 B?46 5 EB2?@ B6F65 6 2B2H:?>6 5 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :4?: 6 563:D: 6 <6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:< = 6>D: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( +:C4?>DB2B6 <6 B:CE<D2>H6 4?>D23:<:5 : 42CC24?><6 8:246>H DD:F6 25 E>246 BD25 2D2 D6>6>5?4?>D?2> := 2>52D:6 B6F6BC2<: :>C?C@ 6C? ( +:C4?>DB2B6 <6 B:CE<D2>H6 4?>D23:<:B6<2D:F6 2:4B65 :D:65 2:5 63:D: F6BC?<:DED?-6 C?B:6B6 4?> 8<: 6 B2DD: 4?>D?B:= 6 CC: 5 28<: 6 CC: ::DED: 5 : 4B6 5 :D? +62<:HH2B6 6B:?5 :4: 2BD6 5 6 BC?>2<6 :>D6B>?D6BH?5 2<<6 7E>H:?>:5 :D6C?B6B:2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56 <<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:425 B6C6>H256: 5?4E= B?F2>D:<6?@ 6B2H:?>:5 : :>42CC?@ B6CC?<:DED? -6C?B:6B6?:>42CC2 6 4?>DB?<<?AE2<:D2D:F?5 : D2<: 5?4E= 6>D: 2<7:>6 5 : B?F2B>6 <2B6<2D:F2 ^RTV_`^2H:?>6 :>4?>D23:<:DO ( /6 B:7: B6 C6 >H2 5 6 : 5?4E= 6 >D: B?F2>D: <6?@ 6 B2H:?>: 5 282= 6 >D? DB2= :D6 <:DED? -6C?B:6B6 6B42CC2 6 4?>DB?<<? AE2<:D2D:F? 5 : D2<: 5?4E= 6>D: 2< 2B2>D:B6 496 DEDD6 <6?@ 6B2H:?>:5 :42CC26 32>42C:2>?4?BB65 2D6 5 25?4E= 6>D: :5?>6 :4?>DB?<<2D:25 B?F2D: 7:>6 5 : B?F2B>6 <2B6<2D:F2B68:B2H:?>6 B:= <<2 <?B?B:<6 F2H:?>6 4?>D23:<6 >5 :42B6,?' 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42?B>:B6 :5?>6 : 6<6= 6>D: 5 : := B6F:C:?>6 5 6 : 5 63:D: 5 : 4E: C: 4?>?C46 <6C:6>H2 = 2 >?> <2= =?>D2B6 = 6 B4: 24AE:C:D6? C6BF:H: B:46 FED: C6>H2 496 C:2 2D2 B:46FED2 6 4?>D23:<:HH2D2 <2 B6 <2D:F2 72DDEB2 5 63:D: 2 <E>8? D6 B= :>6 B6 >C:F: 5 6 8<: :>D6 B6 6 B: AE2<: B?3<6 = : 5 : F2<ED2H:?> :D: CE: AE2<: C:2>?= 2DEB2D: :>D6B6 CC:?@ 6>2<:DO5 2 :>C6B:B6 :>3:<2>4:?B:C49: 4?>4B6D:HH2D: :>5 63:D:PR^`V) ( >2<:C: 5 6<<25?4E= 6>D2H:?>6 2DD62>D6 :<B:46F:= 6>D?5 : = 6B4: 6?<6C64EH:?>6 5 : 6B V ]anxv _V l VZ N``R_N QRXXN SN``a^N NX SVZR QV ^VXRbN^R VZ P[Z`NOVXV`k V ^RXN`VbV QROV`V \R^ SN``a^R QN ^VPRbR^R) ( >2<:C:5 6 B:>4:@ 2<:7?B>:D?B:2<7:>6 5 : :>5 :F:5 2CC:F:DO>?>B68:B2D6 2>496 2<<2<E <: 68>:C?DD?C4B:DD:5 6 :3E586D6 5 68<: B6465 6>D6 ( >2<:C:6 F2<ED2H:?>6 5 6 :5 6B:AE2<: CECC:?>?@ B?3<6= :5 : F2<ED2H:?>6 25 R_RY\V[ <682D: 25 <EB:6>>2<: 6 5 >H:2<: >5 :42B6,?' 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( 88:?B>2= 6>D? 6:F? 56 <<6 2>28B27: BC?>2<6 5 :@ 6>5 6>D6 2CC:= :<2D? 2 5 :@ 6 >5 6 >D6 E>:F6 BC:D2B:? : = 6 5 :4: 4?>F6 >H:?>2D: & & ) %, 0,. & /6 D6 B:>2B:?>D:>E:DO 7 V_`RZdVNXR%) ( +:<6F2H:?>6 6 =?>:D?B288:? 56 B6C6 >H6 6 56<<6 2CC6>H6 = 65 :2>D6 <233:>2= 6>D? 2<<6 2ED?B:HH2H:?>: 56 <B6C@?>C23:<6 56<<.( 6 2: B6C6>D2D: 5 6BC?>2<6 >?>49Q 5 B6 2H:?>: 288:E>D:F6 ( +:4?>4:<:2H:?>6 DB2 :<46 5?<?>6 :<?82D:F?6 : F2<?B: :C4B:DD: :>4?>D23:<:DO 86 >6 B2<6?B= 2<:HH2B6 : 7<ECC: :>7?B= 2D:F: 6 4?>C6>D:B6 6B4? B:3:<:DO 5 6 : 4?>DB?<<: CE<4? B6DD? DB2DD2= 6>D? 64?>?= :4? 5 6BC?>2<6 5 :@ 6 >5 6 BC?>2<6 2CC:= :<2D? 2 5 :@ 6>56>D : = 65 :4: 5 6<<2 = 6 5 :4:>2 4?>F6>H:?>2D2 5 : ( +:4?>4:<:2H:?>6 DB2<6 6B< :?>6B: C?4:2<:6 B:D6 >ED6 6B2B:2<:5 2F6 BC2B6 28<: 32C6C64?>5? <2B6 8?<2H:?>6 8:EC<2F?B:26 \^RbVQRZdVNXR) C@ 6 4:7:4:6>D:6 :F2<?B: :C4B:DD: :>4?>D23:<:DO86>6B2<6 ( 6 D6B= :>2H:?>6 56 : 7?>5 : 4?>DB2DDE2<: 5 : 6D6>H26 >?> \NTN`V ( >2<:C: 6 := 256 8<: 2442>D?>2= 6>D: 4?>>6 CC: 2: B:>>?F: 4?>DB2DDE2<: C@ 6DD2>D: 2<@ 6BC?>2<6 QV\RZQRZ`R) ( 6B:?5 :425 68<:C4?2= 6>D:5 6 :4?:5 6<@ 6BC?>2<6 B:C@ 6 B:?5 B6465 6>D:2<7:>6 5 : F6B:7:42B6 <2B28:?>6F?<6HH25 6 : 4?: = 6 >C:<: 6 56 <<6 B6DB:3EH:?>: 6B?82D6 ( & E>D?5 :E>7<ECC?:>7?B= 2D:F?@ 6B:<=?>:D?B288:?5 B62H:?>:6 776DDE2D6 6BC?>2<6 2CC:= :<2D?2<5 :@ 6>5 6>D6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6 \^[bbrqvyrzd? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 F?<D2 2<<:>5 :F:5 6 B<6 5 :F6BC6 D:@?<?8:6 5 : 5 63:D: 5 : :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 6 86:?>6 5 6< 5 63:D?6 5 6 :4?BB6<2D:4?:496 B:C@ 6DD: :<@ B:>4:@ :?56 2B2H:?>6 56 <<6 2B2B6 2568E2D2= 6>D6 : :D:6 B6C@?>C23:<:DO>6<<6 72C:5 : 24AE:C:H:?>6B:<6F2H:?>6 6 86:?>6 5 6<5 63:D?6 5 6 : 4? B6 <2D: 4?: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B52B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6

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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 6 <:42H:?>6 5 : B?46 5EB6 5 : B:<6F2H:?>6 7:C:425 6<<6 := =?3:<:HH2H:?>: ( ) :2>:7:42H:?>6 6 CF?<8:= 6>D?5 6<<:>F6>D2B:?7:C:4?5 6<<6 := =?3:<:HH2H:?>: 2>496 2B?D2H:?>6 (?>7B?>D? DB2<6 B:CE<D2>H6 56 <<:>F6>D2B:?7:C:4?6 : 5 2D: 5 6<<24?>D23:<:DO46C@ :D: 2<7:>6 5 : :5 6>D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:4?>D23:<: +62<:HH2B6 :>F6>D2B: 6B:?5 :4: ( :DEH:?>6 5 B?465 EB25 : 4?>76B= 2C4B:DD256<<6 := B6 CC?:D6BH: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?46 5EB6?@ 6B2D:F6 2DD6 282B2>D:B6 B?D6H:?>6 6 <2C2<F28E2B5 :256: 36 >: >?>49Q<2446BD2= 6>D?5 6<5 :B:DD?5 B?@ B:6DOCE<<6 VYY[OVXVddNdV[ZV) ( >F6>D2B:2H:?>6 D6 6:F25 6 : 36>: ^VPRba`V) ( :DEH:?>6 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?465 EB6 2DD6 282B2>D:B6 :<4?>DB?<<?CE<<2 5 :C= :CC:?>6 5 6 : 46 C@ :D: ) B?D6 886 B6 6 C2<F28E2B5 2B6 : 36 >: ( /6B:7: <: :>4B6= 6 >D: 56: 4?>D: := =?3:<:HH2H:?>: = 2D6B:2<: 6 := =?3:<:HH2H:?>: := = 2D6B:2<: C:2>? 52 2DD6>5 :3:<: := 6 4?>7?B= :?F6 <:423:<: 2<<2 42C::42 <:42D:F2 6 2: ) B:>4:@ :?>D23:<: 5 : B:76 B:= 6 >D? >?>49Q 5 2<<2 5?4E= 6 >D2H:?>6 B:<6 F2>D DD6 : :< DB2C76 B:= 6 >D?5 6 <36 >6 7:4:?6 5 6 <B:C49:?4?>>6 B?@ B:6 DO 5 6 <<6 _`R R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6 \^[bf65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:42 6 2>2<:C: 5 2BD6 5 6 <<2 :B6 H:?>6 6 >6 B2<6 5 6 <<6 6 C:86 >H6 5 : :>F6 := 6 >D? 5 6<< H:6>5 6B:<@ 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<65 6<<6 4?>?= :4:DO5 68<: :>F6:= 6>D: 6 5 6<<6 5 :C@?>:3:<:DO 5 : 7:>2>H:2= 6>D? :> =?5? 5 B:56 >D:7:42B6 <6 24AE:C:H:?>: DDE2B6 6 B:?B:DO 5 : 2DDE2H:?>6 ( ) B65 :C@?C:H:?>6 2>>E2<6 6>DB? <2 7:>6 56 <<6C6B4:H:? :> 6B<6C6B4:H:? CE446CC:F? 5 2BD6 5 6<<. 77:4:? -64>:4? 6? 5 6<<>868>6B:2 <:>:42 :> 4?<<23?B2H:?>6 4?> :<, 56 :2>? 5 68<: :>F6:= 6 >D: B6>C:F? 5 6<<6 = 2>ED6 >H:?>: B2?B5 :>2B:6 5 : >2DEB2 :>4B6= 6B 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<6 ) B65 :C@? B64?>425 6>H22<= 6>?2>>E2<6E>@ :2>?5 68<: :>F6:= 6>D: ( 6B:?5 :4? 5 6 : 5 2D: 4?>CE>D:F: 4?> :<@ :2>? 5 68<: :>F6 := 6>D: 6 B:F:C:D2H:?>6 :> 42C? 5 : C4?2= 6>D: C:8>:7:42D:F: 5 :2>? :> 32C6 2<<6 >E?F6 6 C:86>H6 5 : :>F6:= 6 6B B?F2H:?>6 5 2BD6 5 6<<2 :B6 B6F:2F6B:7:4256 <<2C?6>:3:<:DO >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( >5 :F:5 E2H:?>6 56 <<6 7?>D: 5 : 7:>2>H:2= 6>D? 4?>DB:3ED: :>4?>D? 42@ :D2<6 4?>DB:3ED: :>4?>D? 6C6B4:H:? 4?>76 B:= 6>D: <2C4:D: 6 5?>2H:?>: 6B<24AE:? 5 6 : 46C@ :D: 496 <2 F?46 56 <<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 B:4?>4:<:2H:?>6 4?><6 B6<2D:F6 F?4: 5 : ) 2DB:=?>:?' 6DD? >5 :F:5 E2B6 2B2D2= 6>D6 :46C@ :D:24AE:C:D:4?>4?>DB:3ED: :>4?>D?6C6B4:H:? :4?>76B:= 6>D: :<2C4:D:<6 Q[ZNdV[ZV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

79 % & & % 5 BCC2 >B:42 BNVZN^QV /)/% & & ' ) % ' >?C6 /)0% & & ' ) ** >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 : 4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : = 282HH:>? 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<:2C@ 6DD: 86 :?>2<: 6 4?>D23:<:5 6<<6 C4?BD6 82B2>D6 >5?E>256 8E2D?<:F6<<?5 4? B6<2H:?>6 DB2 :5 E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2bR^VSVPN) ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C:5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>]aR_`V[ZR) :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< 6 B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (.D:<:HH?5 :E>C:6= 24?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D?7B2?B5 :>:6= 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6>D2H:?>: :>EC4:D2 5 6<<2 = 6B46 4?>B:76B:= 6>D? 2<<2 4?BB6<2H:?>6 DB2 8<:?B5 :>: 5 B6<:6F? 52 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6 >D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 2 4?>D23:<6 86 :?>2<6 6 B= 6DD2 :<B277B?>D? 2ED?= 2D:4??= 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?56 <<6 = 6B4: :>45 D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ;RSVZVdV[>6 5 : B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 : :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6 C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 5 6<<6 7E>H:?>: 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6 F2H:?>6 6 <2 DB244:23:<:DO 56 8<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 :E>@ B?46CC?5 :DB244:23:<:DO56 8<:C42B:49:5 := 282HH:>?6 5 6 : DB2C76B:= 6>D:2< ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?@?>5 6 B2D? ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5: 4?BB6 H:?>6 6 B?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C425 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 GR8:?>6 %?= 32B5 :2C: : 5 67:>:B6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6 <<6 72C: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 56 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:52@ 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6 : E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :25 68E2= 6>D?56: C2<5 :5 : 3:<2>4:?4?= 6 4?>C68E6>H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6 B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( ;RSVZVdV[ZR 5 : B?465 EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6 B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<: 6 2<DB:2DD:5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46 C6 B4:H:? 6 B6 2H:?>: 6 B?82D6 2H:6 >D: B6 8:?>2<: GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6?6 :>8E6B6 : 4B65 28>2D25 2 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6 F2H:?>6 6 :56>D:7:49: <2 5?4E= 6>D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6<2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H6 5 : \NTNYRZ`[)

80 % & & % 5 BCC2 >B:42 BNVZN^QV /)/% & & ' ) % ' >?C6 /)0% & & ' ) ** >?C6 BC2>52A5 ( 67:>:H:?>6 5 B?46 5EB25 : 4?>DB?<<?CE<<2B:<6F2H:?>6 5 6<<6 2<DB6 D:@?<?8:6 5 :B:42F?6 5 6<<6 C?@ B2FF6 >:6>H6 6 :>CECC:6>H6 2DD:F6 496 :>5 :49:<6 2ED?B:HH2H:?>:<6 =?5 2<:DO6 <6 ::496 5 : P[Z`NOVXVddNdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 NYYVZV_`^N`Vb[ 4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4?BB6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: :>7<E:B6 CE<F2<?B6 5 68<:6 CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F? 4?>D23:< B2>D:C42 :< 4?BB6DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B6 5 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 2= = :>:B2D:F? 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 B?46 5EB22= = 6 B<2B:<6F2H:?>6 6 :<=?>:D?B288:? 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46 C6B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6>H25 6B:?5?5 6<<6?@ 6B2H:?>: >>?86>6B2D? 4B65 :D: 6 B:42F: ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 2CC:F: >5 :42B6,?' 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B64?>425 6>H22<= 6>?2>>E2<6E>@ :2>?5 68<: :>F6:= 6>D: ( 6B:?5 :4? 5 6 : 5 2D: 4?>CE>D:F: 4?> :<@ :2>? 5 68<: :>F6 := 6>D: 6 B:F:C:D2H:?>6 :> 42C? 5 : C4?2= 6>D: C:8>:7:42D:F: 5 :2>? :> 32C6 2<<6 >E?F6 6 C:86>H6 5 : :>F6:= 6 6B B?F2H:?>6 5 2BD6 5 6<<2 :B6 B6F:2F6B:7:4256 <<2C?6>:3:<:DO >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( >5 :F:5 E2H:?>6 56 <<6 7?>D: 5 : 7:>2>H:2= 6>D? 4?>DB:3ED: :>4?>D? 42@ :D2<6 4?>DB:3ED: :>4?>D? 6C6B4:H:? 4?>76 B:= 6>D: <2C4:D: 6 5?>2H:?>: 6B<24AE:? 5 6 : 46C@ :D: 496 <2 F?46 56 <<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 B:4?>4:<:2H:?>6 4?><6 B6<2D:F6 F?4: 5 : ) 2DB:=?>:?' 6DD? >5 :F:5 E2B6 2B2D2= 6>D6 :46C@ :D:24AE:C:D:4?>4?>DB:3ED: :>4?>D?6C6B4:H:? :4?>76B:= 6>D: :<2C4:D:<6 Q[ZNdV[ZV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

85 % & & % 5 BCC2 >B:42 BNVZN^QV /)1% & & ' 36A82=??E6BC >?C6 /*(% & & ' 36A82=? 6BC >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 : 4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : = 282HH:>? 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<:2C@ 6DD: 86 :?>2<: 6 4?>D23:<:5 6<<6 C4?BD6 82B2>D6 >5?E>256 8E2D?<:F6<<?5 4? B6<2H:?>6 DB2 :5 E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2bR^VSVPN) ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C:5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>]aR_`V[ZR) :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< 6 B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (.D:<:HH?5 :E>C:6= 24?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D?7B2?B5 :>:6= 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6>D2H:?>: :>EC4:D2 5 6<<2 = 6B46 4?>B:76B:= 6>D? 2<<2 4?BB6<2H:?>6 DB2 8<:?B5 :>: 5 B6<:6F? 52 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6 >D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 2 4?>D23:<6 86 :?>2<6 6 B= 6DD2 :<B277B?>D? 2ED?= 2D:4??= 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?56 <<6 = 6B4: :>45 D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ;RSVZVdV[>6 5 : B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 : :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6 C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 SaZdV[ZV),3 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6 F2H:?>6 6 <2 DB244:23:<:DO 56 8<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 :E>@ B?46CC?5 :DB244:23:<:DO56 8<:C42B:49:5 := 282HH:>?6 5 6 :DB2C76B:= 6 >D: NX ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?@?>5 6 B2D? ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5: 4?BB6 H:?>6 6 B?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C4256 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 +6 8:?>6 %?= 32B5 :2 C:B:C6 BF2 5 : 5 6 7:>:B6 4?>CE446 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6 <<6 72C: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 56 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:5 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2bR^VSVPN) ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6 BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6 : E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :25 68E2= 6>D?56 :C2<5 :5 : 3:<2>4:?4?= 6 4?>C68E6 >H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56 <<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56 <<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( 6 7:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6 B7:>2>H:2= 6 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<:6 2<DB:2DD: 5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46C6B4:H:? B62H:?>: 6B?82D6 2H:6>D: B68:?>2<: 65 6GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6=?5 :7:42B6?6:>8E6 B6 :4B6 5 28>2D252 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6 F2H:?>6 6 :56>D:7:49: <2 5?4E= 6>D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6<2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H = 6>D?

86 % & & % 5 BCC2 >B:42 BNVZN^QV /)1% & & ' 36A82=??E6BC >?C6 /*(% & & ' 36A82=? 6BC >?C6 BC2>52A5 ( 67:>:H:?>6 5 B?46 5EB25 : 4?>DB?<<?CE<<2B:<6F2H:?>6 5 6<<6 2<DB6 D:@?<?8:6 5 :B:42F?6 5 6<<6 C?@ B2FF6 >:6>H6 6 :>CECC:6>H6 2DD:F6 496 :>5 :49:<6 2ED?B:HH2H:?>:<6 =?5 2<:DO6 <6 ::496 5 : P[Z`NOVXVddNdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4?BB6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: :>7<E:B6 CE<F2<?B6 5 68<:6 CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 6 7:>:H:?>6 5 : B?46 5 EB2 NYYVZV_`^N`Vb[(4?>D23:< B2>D:C42 :< 4?BB6 DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B6 5 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 2= = :>:B2D:F? 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 B?46 5EB22= = 6 B<2B:<6F2H:?>6 6 :<=?>:D?B288:? 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46 C6B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6>H25 6B:?5?56 <<6?@ 6B2H:?>: >>?86>6B2D? 4B6 5 :D: 6 B:42F: ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 2CC:F: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 6B<2 B:4?>4:<:2H:?>6 DB2 : 4B65 :D: F6 BC? <?,D2D? :C4B:DD: >6 < 3:<2>4:?5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6<3:<2>4:?B68:?>2<6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? >?>49P DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 < 3:<2>4:? 5 6 <<2, 6 : B6 C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 2: 7:>: 5 6 <<2 F6 B:7: <<2 4?BB6 DD2 AE2>D:7:42H:?>6 5 6 : 4B6 5 :D: F6 BC?<?,D2D?6 F6 BC?<2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:?5 6 <<2 >H7) ( ) B65 :C@?C:H:?>6 5 : B?C@ 6 DD?5 : 6B:?5 :42DB2 : 4B65 :D: F6BC?<?,D2D?B:<6F2D: 776DDE2B6 2DD:F:DO 5 : B:4?>4:<:2H:?>6 DB2 4B65 :D: F6BC? <?,D2D? :C4B:DD: >6<3:<2>4:? 5 6<<2, 6 : B6C:5 2CC:F: >6< 3:<2>4:? 5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B68:?>2<6 B:6 >DB2>D: >6<<2 :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:? 5 6 <<2, 6 : B6 C:5 6B:= 6DB2H:?>6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6<<?,D2D? >?>49P DB2 : 4B65 2CC:F: :C4B:DD: >6 : 42@ :D?<:5 : 3:<2>4:?B6 8:?>2<6 F6BC? <2 +68:?>6 B:<6F2D: >6<3:<2>4:? 5 6<<2, 6 : 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 B:6 >DB2>D: >6 <<2 \R^VYR`^NdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 B6 F6 5 2 <2 2B2H:?>6 5 6 : :D: <<6 B6C@?>C23:<:DO 5 6<<6 5 :F6 BC6 72C: 5 6<<2 86:?>6 56<<6 8:246>H6 5 : 42CC2 6 4?>?= 2<6 6 B:C4?CC:?>6 5 :B6DD <<6 B68:B2H:?>: 5 68<: :>42CC: 282= 6>D: 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<286:?>6 5 6<<6 8:246>H6 5 : 42CC264?>?= 2<6 6. ) : 4B6 5 :D: 5 6 3:D: F6 BC?<:DED?IR_[^VR^R) ( ED?B:HH2H:?>6 5 6<<6 5 :C@?C:H:?>:5 282= 6 >D?5 2BD6 5 6BC?>2<6 4?>25 68E2D6 6 D6 >H <6 896 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F6 56 <2 2B2H:?>6 5 : :D: 6 B6C@?>C23:<:DO DB2 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:<6 5 : B:42F: 6 4B6 5 :D: 6 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:< <: VZPN V) 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<: 5 : B:42F:4?:4B65 :D: 5 63:D: 6 <6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :>42CC: 282= 6>D: ( 6 7:>:H:?>6 5 B?46 5 EB2?@ B6F65 6 2B2H:?>6 5 : :D:6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 :B:<6F2H:?>6 4?>D23:<6 5 :4?: :D:6 <6 2DD:F:DO5 :B:<6F2H:?>6 4?>D23:< = 6>D: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B52B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( +:C4?>DB2B6 <6 B:CE<D2>H6 4?>D23:<:5 : 42CC24?><6 8:246>H6 6776DD:F6 25 E>246BD252D2 D6>6>5?4?>D?2> : = 2>52D: 6 B6F6BC2<: :>C?C@ 6C? ( +:C4?>DB2B6 <6 B:CE<D2>H6 4?>D23:<:B6<2D:F6 2:4B65 :D:65 2:5 63:D: F6BC?<:DED?-6 C?B:6B6 4?> 8<: 6 B2DD: 4?>D?B:= 6 CC: 5 28<: 6 CC: ::DED: 5 : 4B6 5 :D? +62<:HH2B6 6B:?5 :4: 2BD6 5 6 BC?>2<6 :>D6B>?D6BH?5 2<<6 7E>H:?>:5 :D6C?B6B:2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:425 B6C6>H256: 5?4E= B?F2>D:<6?@ 6B2H:?>:5 : :>42CC?@ B6CC?<:DED? -6C?B:6B6?:>42CC2 6 4?>DB?<<?AE2<:D2D:F?5 : D2<:5?4E= 6>D:2<7:>6 5 : B?F2B>6 <2B6<2D:F2 B6 8:B2H:?>6 :>4?>D23:<:DO ( /6 B:7: B6 C6 >H2 5 6 : 5?4E= 6 >D: B?F2>D: <6?@ 6 B2H:?>: 5 282= 6 >D? DB2= :D6 <:DED? -6C?B:6B6 6B42CC2 6 4?>DB?<<? AE2<:D2D:F? 5 : D2<: 5?4E= 6>D: 2< 2B2>D:B6 496 DEDD6 <6?@ 6B2H:?>:5 :42CC26 32>42C:2>?4?BB6 52D6 525?4E= 6 >D: :5?>6 :4?>DB?<<2D:25 B?F2D: 7:>6 5 : B?F2B>6 <2B6<2D:F2B68:B2H:?>6 B:= <<2 <?B?B:<6 F2H:?>6 4?>D23:<6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 6 F6B:7:42CE32C6 = 6 >C:<6 5 6<<6 B:4?>4:<:2H:?>:32>42B:6 :DED?-6C?B:6 B6 6 44@?2<6 ( +:4?>4:<:2H:?>6 = 6>C:<6 5 6<7?>5? 42CC2 64?>?= 2<6 4?> :<<:3B? 42CC2 6 <2 4?>D23:<:DO B65 :C@?C:H:?>6 5 : 2568E2D: 4?>DB?<<: 6C 4?>D27:C:42 5 2BD6 5 6<+6C@?>C23:<6 56 <,?5 : E>CE? QRXRTN`[) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 56<<6 42CC6. ) 4?> B6 2H:?>: :>42CC2D6 2BD:4?<2B6 B:76B:= 6 >D? 2<<2DD:F:DO B?76CC:?>2< : D:4;6D 6 :>5 :F:5 E2H:?>6 5 : 6F6>DE2<: -B244:2B6 :> =?5? 49:2B? 6F:5 6>D6 6B4?BB:3:<6 DEDD: : 4?>DB?<<: CF?<D: CE<<6?@ 6 B2H:?>: 5 : -6 C?B6 B:2 B6 2H:?>: DDE2D6 6 >?>2>4?B2 :>42CC2D6 <2DD:F:DO5 : B:4?>4:<:2H:?>6 4?>D23:<6 4?><6 B:CE<D2>H6 56<<:DED? -6C?B:6B65 6 : 4?>D: 4? 6<<6 42CC6 6 4?>?= 2<: 6 44 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646CC:DO 5 : 256 8E2= 6>D? 5 6 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 5 <:42H:?>6 5 6 : B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4? B6H:?>6 6 B?B:5 :256 8E2= 6 >D?2<<2B:4?>4:<:2H:?>6 4?>42CC6 D6C?B6B:26 44\[_`NXV) >5 :42B6,?' 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B:C@?>5 6 >H2 DB2 <?B5 :>6 5 : 24AE:? 6 :<5?4E= 6 >D?5 : DB2C@?BD?? 5?4E= 6 >D? :>5 :42>D6 <2FF6 B6 2H:?>6 5 6<C6BF:H:? 6 <272DDEB25 B:= 25 B?465 6B6 2<<2 B:<6F2H:?>6 5 : AE6E<D:= 2 :>4?>D23:<:DO86>6B2<6 ( /6B:7:425 6<<25 6B6>H25 6<DB2DD2= 6>D?7:C42<6 4?><6 >?B= 2D:F6 F:86>D6 2B6 6 F:5 6 >H2 5 6 : 4?>DB?<<: DDE2D: 2BD:4?<2B6 B:8E2B5? 2<<2 2B2H:?>6 5 :?B5 :>: (?776 BD6 B:49:6 6 2: ( ED?B:HH2H:?>6 5 6 <<6 5 :C@?C:H:?>: 5 282= 6 >D? 5 2 E>7E>H:?>2B:?5 : B?@ B:2D? <:F6 <<? 7?B>:D?B: ( 3?<<6 5 : 6 >DB2D2 5 6 <<2 = 6 B46 :> = 282HH:>? 2<<2 F6 B:7: <<6 72DDEB6 5 6 : 7?B>:D?B: :>D6 2H:?>6 3?<<2 72DDEB23?<<2?B5 :>642<4?<:2B:D= 6D:4:25 := 6>D:7:C42<:2ED?B:HH2H:?>6 2<@ 282= 6>D? ( ) B65 :C@?C:H:?>6 5 6<<2B:4?>4:<:2H:?>6 DB2 :<C6H:?>2<6 7?B>:D?B: 6 <24?>D23:<:DO86>6B2<6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42?B>:B6 :5?>6 : 6<6= 6>D: 5 : := B6F:C:?>6 5 6 : 5 63:D: 5 : 4E: C: 4?>?C46 <6C:6>H2 = 2 >?> <2= =?>D2B6 = 6 B4: 24AE:C:D6? C6BF:H: B:46 FED: C6>H2 496 C:2 2D2 B:46FED2 6 4?>D23:<:HH2D2 <2 B6 <2D:F2 72DDEB2 5 63:D: 2 <E>8? D6 B= :>6 B6 >C:F: 5 6 8<: :>D6 B6 6 B: AE2<: B?3<6 = : 5 : F2<ED2H:?> :D: CE: AE2<: C:2>?= 2DEB2D: :>D6B6 CC:?@ 6>2<:DO5 2 :>C6B:B6 :>3:<2>4:?B:C49: 4?>4B6D:HH2D: :>5 63:D:PR^`V) ( 7>2<:C:5 6<<25?4E= 6>D2H:?>6 2DD62>D6 :<B:46F:= 6>D?5 := 6B4: 6?<6 C64EH:?>6 5 6B V ]anxv _V l VZ N``R_N QRXXN SN``a^N NX SVZR QV ^VXRbN^R VZ P[Z`NOVXV`k V ^RXN`VbV QROV`V \R^ SN``a^R QN ^VPRbR^R) ( >2<:C:5 6 B:>4:@ 2<:7?B>:D?B:2<7:>6 5 : :>5 2CC:F:DO>?>B68:B2D6 2>496 2<<2<E <: 68>:C?DD?C4B:DD:5 6 :3E586D6 5 68<: B6465 6>D6 ( >2<:C:6 F2<ED2H:?>6 5 6 :5 6B:AE2<:CECC:?>?@ B?3<6= :5 :F2<ED2H:?>6 25 6C6 :? <682D: 25 <EB:6>>2<: 6 5 >H:2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 496 :5 6 >D:7:49: : :D: 6 <6 B6 C@?>C23:<:DO 4?>>6 CC6 2<<6 5 :F6 BC6 72C: <682D6 2<<2 86:?>6 6 2<<2 B:<6F2H:?>6 5 6 : DB2DD2= 6>D: 64?>?= :4: 6BC?>2<6 5 :@ 6 >5 6 >D6 >?>5 :@ 6 >5 6 >D6 E>:F6 BC:D2B:?6 4?>F6 >H:?>2D? ( 88:?B>2= 6>D? 6:F? 56 <<6 2>28B27: BC?>2<6 5 :@ 6>5 6>D6 2CC:= :<2D? 2 5 :@ 6 >5 6 >D6 E>:F6 BC:D2B:? : = 6 5 :4: 4?>F6 >H:?>2D: & & ) %, 0,. & /6 D6 B:>2B:?>D:>E:DO 7 V_`RZd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bVQRZdVNXR) C@ 6 4:7:4:6>D:6 :F2<?B: :C4B:DD: :>4?>D23:<:DO86>6B2<6 ( 6 D6 B= :>2H:?>6 5 6 : 7?>5 : 4?>DB2DDE2<: 5 : 6 D6 >H2 6 >?>@ 282D: ( >2<:C: 6 := 256 8<: 2442>D?>2= 6>D: 4?>>6 CC: 2: B:>>?F: 4?>DB2DDE2<: C@ 6DD2>D: 2<@ 6BC?>2<6 QV\RZQRZ`R) ( 6B:?5 :425 68<:C4?2= 6>D:5 6 :4?:5 6<@ 6BC?>2<6 B:C@ 6 6B:?5 B6465 6>D:2<7:>6 5 : F6B:7:42B6 <2B28:?>6F?<6HH25 6 : 4?: = 6 >C:<: 6 56 <<6 B6DB:3EH:?>: 6B?82D6 ( & E>D?5 :E>7<ECC?:>7?B= 2D:F?@ 6B:<=?>:D?B288:?5 B62H:?>:6776DDE2D6 5 6BC?>2<6 2CC:= :<2D?2<5 :@ 6>5 6>D6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 F?<D2 2<<:>5 :F:5 6 B<6 5 :F6BC6 D:@?<?8:6 5 : 5 63:D: 5 : :D: 6 B6C@?>C23:<:DO 4?>>6 CC6 2<<6 7E>H:?>: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 6 86:?>6 56< 5 63:D?6 5 6 :4?BB6<2D:4?:496 B:C@ 6DD: :<@ B:>4:@ :?56 2B2H:?>6 56 <<6 2B2B6 2568E2D2= 6>D6 : :D:6 B6C@?>C23:<:DO>6<<6 72C:5 :24AE:C:H:?>6B:<6F2H:?>6 6 86:?>6 56 <5 63:D?6 5 6 : 4? B6 <2D: 4?: + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2ZV`N^VR

88 % & & % 5 BCC2 >B:42 BNVZN^QV /)1% & & ' 36A82=??E6BC >?C6 /*(% & & ' 36A82=? 6BC >?C6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( +:C4?>DB?5 6 <<6 B:CE<D2>H6 4?>D23:<: 5 6 << H:6 >5 2 4?>8<: 6 B2DD: 4?>D? :>F:2D: 5 2: 7?B>:D?B: CE B:49:6 2 C4B:DD2 DB2C= 6 CC2 5 2<< H:6 >5 2 6 CC2 ( /6B:7:42 5 6<<2 6F6>DE2<6 >646CC:DO 5 : 25 68E2= 6>D? 5 6 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 5 <:42H:?>6 5 6 : B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6G %8C 5 : 4? B6H:?>6 6 B?B:5 :256 8E2= 6 >D??2<<:>6 2= 6>D?4?><6 4?>D23:<:DO _RdV[ZNXV) +62<:HH2B6 6 B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>5 26 AE6<<6 B?F6>:6 >D: 52: B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6 776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B52B6 4?><6 H:6>56 C2>:D2B:6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6B<?3:6DD:F?:>AE6 :?>6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( ) B6 5 :C@?C:H:?>6 5 : 2>2<:C: 5 6 8<: C4?2= 6 >D: C:8>:7:42D:F: 5 6 : 5 6 3:D: : 4?: 4?>CE>D:F: B:C@ 6 DD?28<: 6 CC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD? 2<3:<2>4:?5 :\^RbV_V[ZR) +62<:HH2B6 2>2<:C: 6B:?5 : <:2= =?>D2B:5 :5 63:D:6 4?:56 <@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6 776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B52B6 4?><6 H:6>56 C2>:D2B:6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 :?>6,6 B >D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 6 B? B<2 B:4?>4:<:2H:?>6 DB2 : 5 6 3:D: F6 BC? <6 H:6 >5 6 2<>6 DD? 5 6 8<: 244?>D: 8:O 6B?82D: :C4B:DD: >6<3:<2>4:? 5 6<<2, : B6 C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 6<3:<2>4:? B68:?>2<6 6 : 4B65 :D: F6 BC? <2 +68:?>6 2<>6DD? 5 68<: 244?>D: 8:O :>42CC2D: :C4B:DD: >6 : 3:<2>4: 5 6<<6 H:6>56 2:7:>:5 6<<2F6B:7:425 6<<24?BB6DD2AE2>D:7:42H:?>6 56: 56 3:D:F6 BC?<6 H:6>56 :C4B:DD: >6 < 3:<2>4:?5 6 <<2 >H7) ( ) B65 :C@?C:H:?>6 5 : B?C@ 6 DD? 5 : 6B:?5 :42DB2 : 5 63:D: F6BC?<6 H:6>56 :C4B:DD: >6<3:<2>4:? 56<<2, : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 56<3:<2>4:? B68:?>2<6 6 : 4B6 5 :D: F6BC? <2 +68:?>6 :C4B:DD: >6 : 3:<2>4: 56 <<6 H:6> DDE2B6 2DD:F:DO 5 : B:4?>4:<:2H:?>6 DB :D: F6 BC?<6 H:6 >5 6 :C4B:DD: >6 <3:<2>4:?5 6 <<2, : B6 C:5 2CC:F: :C4B:DD:>6 :42@ :D?<:5 :3:<2>4:?B68:?>2<:6 : 4B65 :D:F6BC?<2+68:?>6 B:<6F2D:>6 :3:<2>4: 56 <<6 2H:6 >5 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6 776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B52B6 4?><6 H:6>56 C2>:D2B:6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?46 5EB6?@ 6B2D:F6 2DD6 282B2>D:B6 B?D6H:?>6 6 <2C2<F28E2B5 :256: 36 >: >?>49Q<2446BD2= 6>D?5 6<5 :B:DD?5 B?@ B:6DOCE<<6 VYY[OVXVddNdV[ZV) ( >F6>D2B:2H:?>6 D6 6:F25 6 : 36>: ^VPRba`V) ( :DEH:?>6 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?465 EB6 2DD6 282B2>D:B6 :<4?>DB?<<?CE<<2 5 :C= :CC:?>6 5 6 : 46 C@ :D: ) B?D6 886 B6 6 C2<F28E2B5 2B6 : 36 >: ( /6B:7: <: :>4B6= 6 >D: 56: 4?>D: := =?3:<:HH2H:?>: = 2D6B:2<: 6 := =?3:<:HH2H:?>: := = 2D6B:2<: C:2>? 52 2DD6>5 :3:<: := 6 4?>7?B= :?F6 <:423:<: 2<<2 42C::42 <:42D:F2 6 2: ) B:>4:@ :?>D23:<: 5 : B:76 B:= 6 >D? >?>49Q 5 2<<2 5?4E= 6 >D2H:?>6 B:<6 F2>D DD6 : :< DB2C76 B:= 6 >D?5 6 <36 >6 7:4:?6 5 6 <B:C49:?4?>>6 B?@ B:6 DO 5 6 <<6 _`R R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6 \^[bf65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:42 6 2>2<:C: 5 2BD6 5 6 <<2 :B6 H:?>6 6 >6 B2<6 5 6 <<6 6 C:86 >H6 5 : :>F6 := 6 >D? 5 6<< H:6>5 6B:<@ 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<65 6<<6 4?>?= :4:DO5 68<: :>F6:= 6>D: 6 5 6<<6 5 :C@?>:3:<:DO 5 : 7:>2>H:2= 6>D? :> =?5? 5 B:56 >D:7:42B6 <6 24AE:C:H:?>: DDE2B6 6 B:?B:DO 5 : 2DDE2H:?>6 ( ) B65 :C@?C:H:?>6 2>>E2<6 6>DB? <2 7:>6 56 <<6C6B4:H:? :> 6B<6C6B4:H:? CE446CC:F? 5 2BD6 5 6<<. 77:4:? -64>:4? 6? 5 6<<>868>6B:2 <:>:42 :> 4?<<23?B2H:?>6 4?> :<, 56 :2>? 5 68<: :>F6:= 6 >D: B6>C:F? 5 6<<6 = 2>ED6 >H:?>: B2?B5 :>2B:6 5 : >2DEB2 :>4B6= 6B 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<6 ) B65 :C@? B64?>425 6>H22<= 6>?2>>E2<6E>@ :2>?5 68<: :>F6:= 6>D: ( 6B:?5 :4? 5 6 : 5 2D: 4?>CE>D:F: 4?> :<@ :2>? 5 68<: :>F6 := 6>D: 6 B:F:C:D2H:?>6 :> 42C? 5 : C4?2= 6>D: C:8>:7:42D:F: 5 :2>? :> 32C6 2<<6 >E?F6 6 C:86>H6 5 : :>F6:= 6 6B B?F2H:?>6 5 2BD6 5 6<<2 :B6 B6F:2F6B:7:4256 <<2C?6>:3:<:DO >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( >5 :F:5 E2H:?>6 56 <<6 7?>D: 5 : 7:>2>H:2= 6>D? 4?>DB:3ED: :>4?>D? 42@ :D2<6 4?>DB:3ED: :>4?>D? 6C6B4:H:? 4?>76 B:= 6>D: <2C4:D: 6 5?>2H:?>: 6B<24AE:? 5 6 : 46C@ :D: 496 <2 F?46 56 <<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 B:4?>4:<:2H:?>6 4?><6 B6<2D:F6 F?4: 5 : ) 2DB:=?>:?' 6DD? >5 :F:5 E2B6 2B2D2= 6>D6 :46C@ :D:24AE:C:D:4?>4?>DB:3ED: :>4?>D?6C6B4:H:? :4?>76B:= 6>D: :<2C4:D:<6 Q[ZNdV[ZV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

91 % & & % 5 BCC2 >B:42 BNVZN^QV /*)% & & ' & ) % & >?C6 /**%2BBC 56<<2 7A2>4;24?AC2 >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 : 4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : = 282HH:>? 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<: 2C@ 6DD: 86:?>2<: 6 4?>D23:<: 5 6<<6 C4?BD6 82B2>D6>5?E>2568E2D?<:F6<<?5 4?BB6 <2H:?>6 DB2 : 5 E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<:5 6<<6 5 :F6BC6 72C:5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2bR^VSVPN) ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< H:6 >5 6 B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (.D:<:HH?5 : E>C:6= 24?>D23:<686 :?>2<6 6B= 6DD2 :<B277B?>D?7B2?B5 :>: 6= 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6>D2H:?>: :>EC4:D2 5 6<<2 = 6B46 4?>B:76B:= 6>D? 2<<2 4?BB6<2H:?>6 DB2 8<:?B5 :>: 5 B6<:6F? 52 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 24?>D23:<686 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6>D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6B= 6 DD2 :<B277B?>D?2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?5 6<<6 = 6B4: :>45 D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6 C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:[ZV) ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6 C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 5 2B2H:?>6 5 6<<6 7E>H:?>: 6:B6 : = 282HH:>: :>=?5?5 2 82B2>D:B6 <2 2B2H:?>6 DB27E>H:?>: 5 : 4?>D23:<:DO5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6 F2H:?>6 6 <2 DB244:23:<:DO 56 8<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 :E>@ B?46CC?5 :DB244:23:<:DO56 8<:C42B:49:5 : = 282HH:>?6 5 6 :DB2C76B:= 6>D:2< ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?\[ZQR^N`[) ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4?BB6 H:?>6 6 B?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C425 B6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6 <<6 72C: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 56 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:52@ 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6 : E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :25 68E2= 6>D?56: C2<5 :5 : 3:<2>4:?4?= 6 4?>C68E6>H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6 B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( ;RSVZVdV[ZR 5 : B?465 EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6 B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<: 6 2<DB:2DD:5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46 C6 B4:H:? 6 B6 2H:?>: 6 B?82D6 2H:6 >D: B6 8:?>2<: GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6?6 :>8E6B6 : 4B65 28>2D25 2 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6 F2H:?>6 6 :56>D:7:49: <2 5?4E= 6>D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6<2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H6 5 : \NTNYRZ`[)

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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2bR^VSVPN) ( 67:>:H:?>6 5 : B?46 5EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4?BB6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: :>7<E:B6 CE<F2<?B6 5 68<:6 CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 67:>:H:?>6 5 : B?46 5EB2 2= = :>:B2D:F?(4?>D23:< B2>D:C42 :< 4?BB6DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B6 5 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B68:?>2<: :> YN`R^VN) >5 :42B6,?' 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B64?>425 6>H22<= 6>?2>>E2<6E>@ :2>?5 68<: :>F6:= 6>D: ( 6B:?5 :4? 5 6 : 5 2D: 4?>CE>D:F: 4?> :<@ :2>? 5 68<: :>F6 := 6>D: 6 B:F:C:D2H:?>6 :> 42C? 5 : C4?2= 6>D: C:8>:7:42D:F: 5 :2>? :> 32C6 2<<6 >E?F6 6 C:86>H6 5 : :>F6:= 6 6B B?F2H:?>6 5 2BD6 5 6<<2 :B6 B6F:2F6B:7:4256 <<2C?6>:3:<:DO >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( >5 :F:5 E2H:?>6 56 <<6 7?>D: 5 : 7:>2>H:2= 6>D? 4?>DB:3ED: :>4?>D? 42@ :D2<6 4?>DB:3ED: :>4?>D? 6C6B4:H:? 4?>76 B:= 6>D: <2C4:D: 6 5?>2H:?>: 6B<24AE:? 5 6 : 46C@ :D: 496 <2 F?46 56 <<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 B:4?>4:<:2H:?>6 4?><6 B6<2D:F6 F?4: 5 : ) 2DB:=?>:?' 6DD? >5 :F:5 E2B6 2B2D2= 6>D6 :46C@ :D:24AE:C:D:4?>4?>DB:3ED: :>4?>D?6C6B4:H:? :4?>76B:= 6>D: :<2C4:D:<6 Q[ZNdV[ZV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

97 % & & % 5 BCC2 >B:42 BNVZN^QV /*+% & & ' 82A52 >?C6 /*,%2BBC 5; 4A6=?>2 >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 :4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : YNTNddVZ[ 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<:2C@ 6DD:86:?>2<:6 4?>D23:<:5 6<<6 C4?BD6 82B2>D6 >5?E>25 68E2D?<:F6<<?5 4? B6<2H:?>6 DB2 :5 E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F? B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C: 5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< H:6>5 6B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (. D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6 B= 6DD2 :<B277B?>D?7B2?B5 :>: 6 = 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6 >D2H:?>: :> EC4:D2 5 6 <<2 = 6 B46 4?> B:76 B:= 6 >D? 2<<2 4? B6 <2H:?>6 DB2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 24?>D23:<686 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6>D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6B= 6 DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D?2ED?= 2D:4??= 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?56 <<6 = 6B4: :>456@?C:D? D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5 E2H:?>6 5 :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6F2H:?>6 6 <2 DB244:23:<:DO 5 68<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 : E>@ B?46CC?5 : DB244:23:<:DO56 8<: C42B:49: 5 : = 282HH:>?6 5 6 : DB2C76B:= 6 >D: 2< ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?@?>5 6 B2D? ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5 : 4?BB6 H:?>6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 GRTV[ZR %?= 32B5 :2 C: B:C6 BF2 5 : 5 6 7:>:B6 4?>CE446 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6<<6 72C: 5 : 24AE:C:H:?>6 B:<6 F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 5 6 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:5 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6 BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6: E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :256 8E2= 6>D?5 6 : C2<5 : 5 :3:<2>4:?4?= 6 4?>C68E6>H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( 6 7:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<:6 2<DB:2DD: 5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46C6B4:H:? B62H:?>: 6B?82D6 2H:6>D: B68:?>2<: 65 6GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6=?5 :7:42B6?6:>8E6B6 :4B65 28>2D25 2 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B65:D: : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 D6 ::496 5 : B:<6F2H:?>6 6 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?52<:DO 6 D6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6 <2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H = 6>D?

98 % & & % 5 BCC2 >B:42 BNVZN^QV /*+% & & ' 82A52 >?C6 /*,%2BBC 5; 4A6=?>2 >?C6 BC2>52A5 ( 67:>:H:?>6 5 B?46 5EB25 : 4?>DB?<<?CE<<2B:<6F2H:?>6 5 6<<6 2<DB6 D:@?<?8:6 5 :B:42F?6 5 6<<6 C?@ B2FF6 >:6>H6 6 :>CECC:6>H6 2DD:F6 496 :>5 :49:<6 2ED?B:HH2H:?>:<6 =?5 2<:DO6 <6 ::496 5 : P[Z`NOVXVddNdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4? B6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: :>7<E:B6 CE<F2<?B6 568<: 6CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 67:>:H:?>6 5 : B?46 5EB2 2= = :>:B2D:F?(4?>D23:< B2>D:C42 :< 4?BB6DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B65 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>V`N^VR,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 NYYVZV_`^N`Vb[ 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 : B?46 5EB22= = 6B<2B:<6F2H:?>6 6 :<=?>:D?B288:? 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46C6 B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6>H25 6B:?5?56 <<6?@ 6 B2H:?>:496 92>>?86 >6 B2D?4B65 :D:6 B:42F: ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 B:C4?>D: \N VbV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 6B<2 B:4?>4:<:2H:?>6 DB2 : 4B65 :D: F6 BC? <?,D2D? :C4B:DD: >6 < 3:<2>4:?5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6<3:<2>4:?B68:?>2<6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? >?>49P DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 < 3:<2>4:? 5 6 <<2, 6 : B6 C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 2: 7:>: 5 6 <<2 F6 B:7: <<2 4?BB6 DD2 AE2>D:7:42H:?>6 5 6 : 4B6 5 :D: F6 BC?<?,D2D?6 F6 BC?<2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:?5 6 <<2 >H7) ( ) B65 :C@?C:H:?>6 5 : B?C@ 6 DD?5 : 6B:?5 :42DB2 : 4B65 :D: F6BC?<?,D2D?B:<6F2D: 776 DDE2B6 2DD:F:DO 5 : B:4?>4:<:2H:?>6 DB2 4B6 5 :D: F6 BC? <?,D2D? :C4B:DD: >6 <3:<2>4:? 5 6 <<2, 6 : B6 C:5 2CC:F: >6< 3:<2>4:? 5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B68:?>2<6 B:6>DB2>D: >6<<2 :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:? 5 6 <<2, 6 : B6 C:5 6B:= 6DB2H:?>6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6<<?,D2D? >?>49P DB2 : 4B65 2CC:F: :C4B:DD: >6 : 42@ :D?<:5 : 3:<2>4:?B6 8:?>2<6 ) F6BC? <2 +68:?>6 B:<6F2D: >6<3:<2>4:? 5 6<<2, 6 : 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 B:6 >DB2>D: >6 <<2 \R^VYR`^NdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 B6 F6 5 2 <2 2B2H:?>6 5 6 : :D: <<6 B6C@?>C23:<:DO 5 6<<6 5 :F6 BC6 72C: 5 6<<2 86:?>6 56<<6 8:246 >H6 5 : 42CC2 64?>?= 2<6 6 B:C4?CC:?>6 5 :B6DD <<6 B68:B2H:?>: 5 68<: :>42CC: 282= 6>D: 2B2B6 2568E2D2= 6>D6 :D:6 B6C@?>C23:<:DO>6 <<286:?>6 56 <<6 8:246>H6 5 : 42CC264?>?= 2<6 6. ) : 4B6 5 :D: 5 6 3:D: F6 BC?<:DED?IR_[^VR^R) ( ED?B:HH2H:?>6 5 6<<6 5 :C@?C:H:?>:5 282= 6>D?5 2BD6 5 6BC?>2<6 4?>25 68E2D6 6 D6 >H6 6 QRXRTUR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F6 56 <2 2B2H:?>6 5 : :D: 6 B6C@?>C23:<:DO DB2 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:<6 5 : B:42F: 6 4B65 :D: 6 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:< <: VZPN 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 : B:<6 F2H:?>6 4?>D23:<: 5 : B:42F:4?:4B6 5 :D: 5 63:D: 6 <6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :>42CC: 282= 6>D: ( 6 7:>:H:?>6 5 B?46 5 EB2?@ B6F65 6 2B2H:?>6 5 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :4?: 6 563:D: 6 <6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:< = 6>D: >5 :42B6,?' 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56 <<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:425 B6C6>H256: 5?4E= B?F2>D:<6?@ 6B2H:?>:5 : :>42CC?@ B6CC?<:DED? -6C?B:6B6?:>42CC2 6 4?>DB?<<?AE2<:D2D:F?5 : D2<: 5?4E= 6>D: 2<7:>6 5 : B?F2B>6 <2B6<2D:F2 ^RTV_`^2H:?>6 :>4?>D23:<:DO ( /6 B:7: B6 C6 >H2 5 6 : 5?4E= 6 >D: B?F2>D: <6?@ 6 B2H:?>: 5 282= 6 >D? DB2= :D6 <:DED? -6C?B:6B6 6B42CC2 6 4?>DB?<<? AE2<:D2D:F? 5 : D2<: 5?4E= 6>D: 2< 2B2>D:B6 496 DEDD6 <6?@ 6B2H:?>:5 :42CC26 32>42C:2>?4?BB65 2D6 5 25?4E= 6>D: :5?>6 :4?>DB?<<2D:25 B?F2D: 7:>6 5 : B?F2B>6 <2B6<2D:F2B68:B2H:?>6 B:= <<2 <?B?B:<6 F2H:?>6 4?>D23:<6 >5 :42B6,?' 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 :682B6 5?4E= 6>D: :5?>6 : 65 B?F2D: <2C4:2>5? DB244:2 5 6 : 4?>DB?<<: CF?<D:?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6:>8E6 B6 : 563:D: 5 6F6 6CC6B6 B?F2D ?4E= 6>D: 496 C:2>? 4?>DB?<<2D: 65 B:= 25 6<<2<?B?B:<6F2H:?>6 P[Z`NOVXR) ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F? 4?>D23:<6 B6F ?8>:?@ 6 B2H:?>6 CEC46 DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 5 6 3:D: C: E2D2 5?4E= 6>D2H:?> D2<: 5?4E= 6>D: C:2>?4?>DB?<<2D: 65 B:= 25 6<<2<?B?B:<6F2H:?>6 P[Z`NOVXR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6 \^[FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:42 5 : 4? B:C@?>5 6 >H2 DB2 B:49:6 6 5 : 24AE:??776 BD6 B:46 FED6 5 2: 7?B>:D?B: 6?B5 :>: 5 : 24AE:?6 = 6 CC: ( /6B:7:425 :4? 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D6 B= :>6 B6 >C:F: 5 6 8<: :>D6 B6 6 B: AE2<: B?3<6 = : 5 : F2<ED2H:?> :D: CE: AE2<: C:2>?= 2DEB2D: :>D6B6 CC:?@ 6>2<:DO5 2 :>C6B:B6 :>3:<2>4:?B:C49: 4?>4B6D:HH2D: :>5 63:D:PR^`V) ( >2<:C: 5 6<<25?4E= 6>D2H:?>6 2DD62>D6 :<B:46F:= 6>D?5 : = 6B4: 6?<6C64EH:?>6 5 : 6B V ]anxv _V l VZ N``R_N QRXXN SN``a^N NX SVZR QV ^VXRbN^R VZ P[Z`NOVXV`k V ^RXN`VbV QROV`V \R^ SN``a^R QN ^VPRbR^R) ( >2<:C:5 6 B:>4:@ 2<:7?B>:D?B:2<7:>6 5 : :>5 :F:5 2CC:F:DO>?>B68:B2D6 2>496 2<<2<E <: 68>:C?DD?C4B:DD:5 6 :3E586D6 5 68<: B6465 6>D6 ( >2<:C:6 F2<ED2H:?>6 5 6 :5 6B:AE2<: CECC:?>?@ B?3<6= :5 : F2<ED2H:?>6 25 R_RY\V[ <682D: 25 <EB:6>>2<: 6 5 >H:2<: >5 :42B6,?' 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( 88:?B>2= 6>D? 6:F? 56 <<6 2>28B27: BC?>2<6 5 :@ 6>5 6>D6 2CC:= :<2D? 2 5 :@ 6 >5 6 >D6 E>:F6 BC:D2B:? : = 6 5 :4: 4?>F6 >H:?>2D: & & ) %, 0,. & /6 D6 B:>2B:?>D:>E:DO 7 V_`RZd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bVQRZdVNXR) C@ 6 4:7:4:6>D:6 :F2<?B: :C4B:DD: :>4?>D23:<:DO86>6B2<6 ( 6 D6B= :>2H:?>6 56 : 7?>5 : 4?>DB2DDE2<: 5 : 6D6>H26 >?> \NTN`V ( >2<:C: 6 := 256 8<: 2442>D?>2= 6>D: 4?>>6 CC: 2: B:>>?F: 4?>DB2DDE2<: C@ 6DD2>D: 2<@ 6BC?>2<6 QV\RZQRZ`R) ( 6B:?5 :425 68<:C4?2= 6>D:5 6 :4?:5 6<@ 6BC?>2<6 B:C@ 6 B:?5 B6465 6>D:2<7:>6 5 : F6B:7:42B6 <2B28:?>6F?<6HH25 6 : 4?: = 6 >C:<: 6 56 <<6 B6DB:3EH:?>: 6B?82D6 ( & E>D?5 :E>7<ECC?:>7?B= 2D:F?@ 6B:<=?>:D?B288:?5 B62H:?>:6 776DDE2D6 6BC?>2<6 2CC:= :<2D?2<5 :@ 6>5 6>D6 >5 :42B6,?' 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

103 % & & % 5 BCC2 >B:42 BNVZN^QV /*-% & & ' ' ) >?C6 /*.% & & ' % >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 :4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : = 282HH:>? 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<:2C@ 6DD:86:?>2<:6 4?>D23:<:5 6<<6 C4?BD6 82B2>D6>5?E>25 68E2D?<:F6 <<?5 4? B6<2H:?>6 DB2 : 5E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C: 5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< H:6>5 6B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (. D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6 B= 6DD2 :<B277B?>D?7B2?B5 :>: 6 = 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6 >D2H:?>: :> EC4:D2 5 6 <<2 = 6 B46 4?> B:76 B:= 6 >D? 2<<2 4? B6 <2H:?>6 DB2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 24?>D23:<686 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6>D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6B= 6 DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D?2ED?= 2D:4??= 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?56 <<6 = 6B4: :>456@?C:D? D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5 E2H:?>6 5 :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6F2H:?>6 6 <2 DB244:23:<:DO 5 68<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 : E>@ B?46CC?5 : DB244:23:<:DO56 8<: C42B:49: 5 : = 282HH:>?6 5 6 : DB2C76B:= 6 >D: 2< ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?@?>5 6 B2D? ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5 : 4?BB6 H:?>6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 GRTV[ZR %?= 32B5 :2 C: B:C6 BF2 5 : 5 6 7:>:B6 4?>CE446 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6<<6 72C: 5 : 24AE:C:H:?>6 B:<6 F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 5 6 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:5 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6 BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6: E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :256 8E2= 6>D?5 6 : C2<5 : 5 :3:<2>4:?4?= 6 4?>C68E6>H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( 6 7:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<:6 2<DB:2DD: 5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46C6B4:H:? B62H:?>: 6B?82D6 2H:6>D: B68:?>2<: 65 6GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6=?5 :7:42B6?6:>8E6B6 :4B65 28>2D25 2 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B65:D: : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 D6 ::496 5 : B:<6F2H:?>6 6 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?52<:DO 6 D6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6 <2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H = 6>D?

104 % & & % 5 BCC2 >B:42 BNVZN^QV /*-% & & ' ' ) >?C6 /*.% & & ' % >?C6 BC2>52A5 ( 67:>:H:?>6 5 B?46 5EB25 : 4?>DB?<<?CE<<2B:<6F2H:?>6 5 6<<6 2<DB6 D:@?<?8:6 5 :B:42F?6 5 6<<6 C?@ B2FF6 >:6>H6 6 :>CECC:6>H6 2DD:F6 496 :>5 :49:<6 2ED?B:HH2H:?>:<6 =?5 2<:DO6 <6 ::496 5 : P[Z`NOVXVddNdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4? B6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: :>7<E:B6 CE<F2<?B6 568<: 6CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 67:>:H:?>6 5 : B?46 5EB2 2= = :>:B2D:F?(4?>D23:< B2>D:C42 :< 4?BB6DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B65 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 _NZV`N^VR,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 NYYVZV_`^N`Vb[ 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 : B?46 5EB22= = 6B<2B:<6F2H:?>6 6 :<=?>:D?B288:? 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46C6 B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6>H25 6B:?5?56 <<6?@ 6 B2H:?>:496 92>>?86 >6 B2D?4B65 :D:6 B:42F: ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 B:C4?>D: \N VbV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 6B<2 B:4?>4:<:2H:?>6 DB2 : 4B65 :D: F6 BC? <?,D2D? :C4B:DD: >6 < 3:<2>4:?5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6<3:<2>4:?B68:?>2<6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? >?>49P DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 < 3:<2>4:? 5 6 <<2, 6 : B6 C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 2: 7:>: 5 6 <<2 F6 B:7: <<2 4?BB6 DD2 AE2>D:7:42H:?>6 5 6 : 4B6 5 :D: F6 BC?<?,D2D?6 F6 BC?<2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:?5 6 <<2 >H7) ( ) B65 :C@?C:H:?>6 5 : B?C@ 6 DD?5 : 6B:?5 :42DB2 : 4B65 :D: F6BC?<?,D2D?B:<6F2D: 776 DDE2B6 2DD:F:DO 5 : B:4?>4:<:2H:?>6 DB2 4B6 5 :D: F6 BC? <?,D2D? :C4B:DD: >6 <3:<2>4:? 5 6 <<2, 6 : B6 C:5 2CC:F: >6< 3:<2>4:? 5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B68:?>2<6 B:6>DB2>D: >6<<2 :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:? 5 6 <<2, 6 : B6 C:5 6B:= 6DB2H:?>6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6<<?,D2D? >?>49P DB2 : 4B65 2CC:F: :C4B:DD: >6 : 42@ :D?<:5 : 3:<2>4:?B6 8:?>2<6 ) F6BC? <2 +68:?>6 B:<6F2D: >6<3:<2>4:? 5 6<<2, 6 : 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 B:6 >DB2>D: >6 <<2 \R^VYR`^NdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 B6 F6 5 2 <2 2B2H:?>6 5 6 : :D: <<6 B6C@?>C23:<:DO 5 6<<6 5 :F6 BC6 72C: 5 6<<2 86:?>6 56<<6 8:246 >H6 5 : 42CC2 64?>?= 2<6 6 B:C4?CC:?>6 5 :B6DD <<6 B68:B2H:?>: 5 68<: :>42CC: 282= 6>D: 2B2B6 2568E2D2= 6>D6 :D:6 B6C@?>C23:<:DO>6 <<286:?>6 56 <<6 8:246>H6 5 : 42CC264?>?= 2<6 6. ) : 4B6 5 :D: 5 6 3:D: F6 BC?<:DED?IR_[^VR^R) ( ED?B:HH2H:?>6 5 6<<6 5 :C@?C:H:?>:5 282= 6>D?5 2BD6 5 6BC?>2<6 4?>25 68E2D6 6 D6 >H6 6 QRXRTUR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F6 56 <2 2B2H:?>6 5 : :D: 6 B6C@?>C23:<:DO DB2 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:<6 5 : B:42F: 6 4B65 :D: 6 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:< <: VZPN 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 : B:<6 F2H:?>6 4?>D23:<: 5 : B:42F:4?:4B6 5 :D: 5 63:D: 6 <6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :>42CC: 282= 6>D: ( 6 7:>:H:?>6 5 B?46 5 EB2?@ B6F65 6 2B2H:?>6 5 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :4?: 6 563:D: 6 <6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:< = 6>D: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( +:C4?>DB2B6 <6 B:CE<D2>H6 4?>D23:<:5 : 42CC24?><6 8:246>H DD:F6 25 E>246 BD25 2D2 D6>6>5?4?>D?2> := 2>52D:6 B6F6BC2<: :>C?C@ 6C? ( +:C4?>DB2B6 <6 B:CE<D2>H6 4?>D23:<:B6<2D:F6 2:4B65 :D:65 2:5 63:D: F6BC?<:DED?-6 C?B:6B6 4?> 8<: 6 B2DD: 4?>D?B:= 6 CC: 5 28<: 6 CC: ::DED: 5 : 4B6 5 :D? +62<:HH2B6 6B:?5 :4: 2BD6 5 6 BC?>2<6 :>D6B>?D6BH?5 2<<6 7E>H:?>:5 :D6C?B6B:2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56 <<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:425 B6C6>H256: 5?4E= B?F2>D:<6?@ 6B2H:?>:5 : :>42CC?@ B6CC?<:DED? -6C?B:6B6?:>42CC2 6 4?>DB?<<?AE2<:D2D:F?5 : D2<: 5?4E= 6>D: 2<7:>6 5 : B?F2B>6 <2B6<2D:F2 ^RTV_`^2H:?>6 :>4?>D23:<:DO ( /6 B:7: B6 C6 >H2 5 6 : 5?4E= 6 >D: B?F2>D: <6?@ 6 B2H:?>: 5 282= 6 >D? DB2= :D6 <:DED? -6C?B:6B6 6B42CC2 6 4?>DB?<<? AE2<:D2D:F? 5 : D2<: 5?4E= 6>D: 2< 2B2>D:B6 496 DEDD6 <6?@ 6B2H:?>:5 :42CC26 32>42C:2>?4?BB65 2D6 5 25?4E= 6>D: :5?>6 :4?>DB?<<2D:25 B?F2D: 7:>6 5 : B?F2B>6 <2B6<2D:F2B68:B2H:?>6 B:= <<2 <?B?B:<6 F2H:?>6 4?>D23:<6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 6 F6B:7:42CE32C6 = 6 >C:<6 5 6<<6 B:4?>4:<:2H:?>:32>42B:6 :DED?-6C?B:6 B6 6 44@?2<6 ( +:4?>4:<:2H:?>6 = 6>C:<6 5 6<7?>5? 42CC2 64?>?= 2<6 4?> :<<:3B? 42CC2 6 <2 4?>D23:<:DO B65 :C@?C:H:?>6 5 : 2568E2D: 4?>DB?<<: 6C 4?>D27:C:42 5 2BD6 5 6<+6C@?>C23:<6 56 <,?5 : E>CE? 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 6 <:42H:?>6 5 : B?46 5EB6 5 : B:<6F2H:?>6 7:C:425 6<<6 := =?3:<:HH2H:?>: ( ) :2>:7:42H:?>6 6 CF?<8:= 6>D?5 6<<:>F6>D2B:?7:C:4?5 6<<6 := =?3:<:HH2H:?>: 2>496 2B?D2H:?>6 (?>7B?>D? DB2<6 B:CE<D2>H6 56 <<:>F6>D2B:?7:C:4?6 : 5 2D: 5 6<<24?>D23:<:DO46C@ :D: 2<7:>6 5 : :5 6>D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:4?>D23:<: +62<:HH2B6 :>F6>D2B: 6B:?5 :4: ( :DEH:?>6 5 B?465 EB25 : 4?>76B= 2C4B:DD256<<6 := B6 CC?:D6BH: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?46 5EB6?@ 6B2D:F6 2DD6 282B2>D:B6 B?D6H:?>6 6 <2C2<F28E2B5 :256: 36 >: >?>49Q<2446BD2= 6>D?5 6<5 :B:DD?5 B?@ B:6DOCE<<6 VYY[OVXVddNdV[ZV) ( >F6>D2B:2H:?>6 D6 6:F25 6 : 36>: ^VPRba`V) ( :DEH:?>6 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?465 EB6 2DD6 282B2>D:B6 :<4?>DB?<<?CE<<2 5 :C= :CC:?>6 5 6 : 46 C@ :D: ) B?D6 886 B6 6 C2<F28E2B5 2B6 : 36 >: ( /6B:7: <: :>4B6= 6 >D: 56: 4?>D: := =?3:<:HH2H:?>: = 2D6B:2<: 6 := =?3:<:HH2H:?>: := = 2D6B:2<: C:2>? 52 2DD6>5 :3:<: := 6 4?>7?B= :?F6 <:423:<: 2<<2 42C::42 <:42D:F2 6 2: ) B:>4:@ :?>D23:<: 5 : B:76 B:= 6 >D? >?>49Q 5 2<<2 5?4E= 6 >D2H:?>6 B:<6 F2>D DD6 : :< DB2C76 B:= 6 >D?5 6 <36 >6 7:4:?6 5 6 <B:C49:?4?>>6 B?@ B:6 DO 5 6 <<6 _`R R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:42 6 2>2<:C: 5 2BD6 5 6 <<2 :B6 H:?>6 6 >6 B2<6 5 6 <<6 6 C:86 >H6 5 : :>F6 := 6 >D? 5 6<< H:6>5 6B:<@ 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<65 6<<6 4?>?= :4:DO5 68<: :>F6:= 6>D: 6 5 6<<6 5 :C@?>:3:<:DO 5 : 7:>2>H:2= 6>D? :> =?5? 5 B:56 >D:7:42B6 <6 24AE:C:H:?>: DDE2B6 6 B:?B:DO 5 : 2DDE2H:?>6 ( ) B65 :C@?C:H:?>6 2>>E2<6 6>DB? <2 7:>6 56 <<6C6B4:H:? :> 6B<6C6B4:H:? CE446CC:F? 5 2BD6 5 6<<. 77:4:? -64>:4? 6? 5 6<<>868>6B:2 <:>:42 :> 4?<<23?B2H:?>6 4?> :<, 56 :2>? 5 68<: :>F6:= 6 >D: B6>C:F? 5 6<<6 = 2>ED6 >H:?>: B2?B5 :>2B:6 5 : >2DEB2 :>4B6= 6B 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<6 ) B65 :C@? B64?>425 6>H22<= 6>?2>>E2<6E>@ :2>?5 68<: :>F6:= 6>D: ( 6B:?5 :4? 5 6 : 5 2D: 4?>CE>D:F: 4?> :<@ :2>? 5 68<: :>F6 := 6>D: 6 B:F:C:D2H:?>6 :> 42C? 5 : C4?2= 6>D: C:8>:7:42D:F: 5 :2>? :> 32C6 2<<6 >E?F6 6 C:86>H6 5 : :>F6:= 6 6B B?F2H:?>6 5 2BD6 5 6<<2 :B6 B6F:2F6B:7:4256 <<2C?6>:3:<:DO >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( >5 :F:5 E2H:?>6 56 <<6 7?>D: 5 : 7:>2>H:2= 6>D? 4?>DB:3ED: :>4?>D? 42@ :D2<6 4?>DB:3ED: :>4?>D? 6C6B4:H:? 4?>76 B:= 6>D: <2C4:D: 6 5?>2H:?>: 6B<24AE:? 5 6 : 46C@ :D: 496 <2 F?46 56 <<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 B:4?>4:<:2H:?>6 4?><6 B6<2D:F6 F?4: 5 : ) 2DB:=?>:?' 6DD? >5 :F:5 E2B6 2B2D2= 6>D6 : 46C@ :D:24AE:C:D:4?>4?>DB:3ED: :>4?>D?6C6B4:H:? :4?>76B:= 6>D: :<2C4:D:<6 Q[ZNdV[ZV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

109 % & & % 5 BCC2 >B:42 BNVZN^QV /*/% & & ' ) >?C6 1*(%;A44B 42B2C6>?E? >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 :4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : YNTNddVZ[ 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<:2C@ 6DD:86:?>2<:6 4?>D23:<:5 6<<6 C4?BD6 82B2>D6 >5?E>25 68E2D?<:F6<<?5 4? B6<2H:?>6 DB2 :5 E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F? B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C: 5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< H:6>5 6B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (. D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6 B= 6DD2 :<B277B?>D?7B2?B5 :>: 6 = 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6 >D2H:?>: :> EC4:D2 5 6 <<2 = 6 B46 4?> B:76 B:= 6 >D? 2<<2 4? B6 <2H:?>6 DB2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 24?>D23:<686 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6>D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6B= 6 DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D?2ED?= 2D:4??= 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?56 <<6 = 6B4: :>456@?C:D? D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5 E2H:?>6 5 :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6F2H:?>6 6 <2 DB244:23:<:DO 5 68<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 : E>@ B?46CC?5 : DB244:23:<:DO56 8<: C42B:49: 5 : = 282HH:>?6 5 6 : DB2C76B:= 6 >D: 2< ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?@?>5 6 B2D? ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5 : 4?BB6 H:?>6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 GRTV[ZR %?= 32B5 :2 C: B:C6 BF2 5 : 5 6 7:>:B6 4?>CE446 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6<<6 72C: 5 : 24AE:C:H:?>6 B:<6 F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 5 6 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:5 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6 BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6: E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :256 8E2= 6>D?5 6 : C2<5 : 5 :3:<2>4:?4?= 6 4?>C68E6>H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( 6 7:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<:6 2<DB:2DD: 5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46C6B4:H:? B62H:?>: 6B?82D6 2H:6>D: B68:?>2<: 65 6GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6=?5 :7:42B6?6:>8E6B6 :4B65 28>2D25 2 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B65:D: : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 D6 ::496 5 : B:<6F2H:?>6 6 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?52<:DO 6 D6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6 <2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H = 6>D?

110 % & & % 5 BCC2 >B:42 BNVZN^QV /*/% & & ' ) >?C6 1*(%;A44B 42B2C6>?E? >?C6 BC2>52A5 ( 67:>:H:?>6 5 B?46 5EB25 : 4?>DB?<<?CE<<2B:<6F2H:?>6 5 6<<6 2<DB6 D:@?<?8:6 5 :B:42F?6 5 6<<6 C?@ B2FF6 >:6>H6 6 :>CECC:6>H6 2DD:F6 496 :>5 :49:<6 2ED?B:HH2H:?>:<6 =?5 2<:DO6 <6 ::496 5 : P[Z`NOVXVddNdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4? B6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: :>7<E:B6 CE<F2<?B6 568<: 6CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 67:>:H:?>6 5 : B?46 5EB2 2= = :>:B2D:F?(4?>D23:< B2>D:C42 :< 4?BB6DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B65 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>V`N^VR,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 NYYVZV_`^N`Vb[ 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 : B?46 5EB22= = 6B<2B:<6F2H:?>6 6 :<=?>:D?B288:? 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46C6 B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6>H25 6B:?5?56 <<6?@ 6 B2H:?>:496 92>>?86 >6 B2D?4B65 :D:6 B:42F: ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 B:C4?>D: \N VbV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 6B<2 B:4?>4:<:2H:?>6 DB2 : 4B65 :D: F6 BC? <?,D2D? :C4B:DD: >6 < 3:<2>4:?5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6<3:<2>4:?B68:?>2<6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? >?>49P DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 < 3:<2>4:? 5 6 <<2, 6 : B6 C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

115 % & & % 5 BCC2 >B:42 BNVZN^QV 1**%;A44B & ' '( % >?C6 1*+%;A44B & ' & ' >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 :4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : YNTNddVZ[ 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<:2C@ 6DD:86:?>2<:6 4?>D23:<:5 6<<6 C4?BD6 82B2>D6 >5?E>25 68E2D?<:F6<<?5 4? B6<2H:?>6 DB2 :5 E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F? B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C: 5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< H:6>5 6B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (. D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6 B= 6DD2 :<B277B?>D?7B2?B5 :>: 6 = 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6 >D2H:?>: :> EC4:D2 5 6 <<2 = 6 B46 4?> B:76 B:= 6 >D? 2<<2 4? B6 <2H:?>6 DB2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 24?>D23:<686 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6>D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6B= 6 DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D?2ED?= 2D:4??= 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?56 <<6 = 6B4: :>456@?C:D? D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5 E2H:?>6 5 :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6F2H:?>6 6 <2 DB244:23:<:DO 5 68<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 : E>@ B?46CC?5 : DB244:23:<:DO56 8<: C42B:49: 5 : = 282HH:>?6 5 6 : DB2C76B:= 6 >D: 2< ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?@?>5 6 B2D? ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5 : 4?BB6 H:?>6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 GRTV[ZR %?= 32B5 :2 C: B:C6 BF2 5 : 5 6 7:>:B6 4?>CE446 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6<<6 72C: 5 : 24AE:C:H:?>6 B:<6 F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 5 6 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:5 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6 BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6: E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :256 8E2= 6>D?5 6 : C2<5 : 5 :3:<2>4:?4?= 6 4?>C68E6>H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( 6 7:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<:6 2<DB:2DD: 5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46C6B4:H:? B62H:?>: 6B?82D6 2H:6>D: B68:?>2<: 65 6GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6=?5 :7:42B6?6:>8E6B6 :4B65 28>2D25 2 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B65:D: : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 D6 ::496 5 : B:<6F2H:?>6 6 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?52<:DO 6 D6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6 <2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H = 6>D?

116 % & & % 5 BCC2 >B:42 BNVZN^QV 1**%;A44B & ' '( % >?C6 1*+%;A44B & ' & ' >?C6 BC2>52A5 ( 67:>:H:?>6 5 B?46 5EB25 : 4?>DB?<<?CE<<2B:<6F2H:?>6 5 6<<6 2<DB6 D:@?<?8:6 5 :B:42F?6 5 6<<6 C?@ B2FF6 >:6>H6 6 :>CECC:6>H6 2DD:F6 496 :>5 :49:<6 2ED?B:HH2H:?>:<6 =?5 2<:DO6 <6 ::496 5 : P[Z`NOVXVddNdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6 DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4?BB6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 : 4B65 :D: 6 : B:42F:D6>6>5?4?>D?5 : DEDD: : 72DD: CE<F2<?B6 5 68<: 6CC:AE2<: 25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 6 7:>:H:?>6 5 : B?46 5 EB2 2= = :>:B2D:F?(4?>D23:< B2>D:C42 :< 4?BB6 DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B6 5 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 2= = :>:B2D:F? 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 : B?46 5EB22= = 6B<2B:<6F2H:?>6 6 :<=?>:D?B288:? 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46 C6B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6>H25 6B:?5?56 <<6?@ 6 B2H:?>:496 92>>?86 >6 B2D?4B65 :D:6 ^VPNbV) ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 2CC:F: >5 :42B6,?' 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B6 8:?>2<6 2: 7:>: 5 6 <<2 F6 B:7: <<2 4?BB6 DD2 AE2>D:7:42H:?>6 5 6 : 4B65 :D:F6BC?<?,D2D?6 F6BC?<2+68:?>6:C4B:DD: >6 <3:<2>4:?56<<2>H7) ( ) B65 :C@?C:H:?>6 5 : B?C@ 6 DD?5 : 6B:?5 :42DB2 : 4B65 :D: F6BC?<?,D2D?B:<6F2D: 776DDE2B6 2DD:F:DO 5 : B:4?>4:<:2H:?>6 DB2 4B65 :D: F6BC? <?,D2D? :C4B:DD: >6<3:<2>4:? 5 6<<2, 6 : B6C:5 2CC:F: >6< 3:<2>4:? 5 6<<2, : B6C:5 E: 2DD:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B68:?>2<6 B:6>DB2>D: >6<<2 :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6 <<?,D2D? DB2 : 4B6 5 :D: F6 BC? <2 +6 8:?>6 :C4B:DD: >6 <3:<2>4:? 5 6 <<2, 6 : B6 C:5 6B:= 6DB2H:?>6 6 : B6C:5 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? 5 6<<?,D2D? >?>49P DB2 : 4B65 2CC:F: :C4B:DD: >6 :42@ :D?<:5 :3:<2>4:?B68:?>2<6 F6BC? <2 +68:?>6 B:<6F2D: >6<3:<2>4:? 5 6<<2, 6 : 2CC:F: :C4B:DD: >6 : 42@ :D?<: 5 : 3:<2>4:? B6 8:?>2<6 B:6 >DB2>D: ZRXXN \R^VYR`^NdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 B6 F6 5 2 <2 2B2H:?>6 5 6 : :D: <<6 B6C@?>C23:<:DO 5 6<<6 5 :F6BC6 72C: 5 6<<2 86 :?>6 5 6<<6 8:246>H6 5 : 42CC2 64?>?= 2<6 6 B:C4?CC:?>6 5 :B6DD <<6 B68:B2H:?>: 5 68<: :>42CC: 282= 6>D: 2B2B E2D2= 6>D6 :D:6 B6C@?>C23:<:DO>6<<286:?>6 5 6<<6 8:246>H6 5 :42CC264?>?= 2<6 6. ) : 4B6 5 :D: 5 6 3:D: F6 BC?<:DED?IR_[^VR^R) ( ED?B:HH2H:?>6 5 6<<6 5 :C@?C:H:?>:5 282= 6>D?5 2BD6 5 6 BC?>2<6 4?>25 68E2D6 6 D6 >H <6 896 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6 \^[bf65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F6 56 <2 2B2H:?>6 5 : :D: 6 B6C@?>C23:<:DO DB2 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:<6 5 : B:42F: 6 4B6 5 :D: 6 <6 2DD:F:DO 5 : B:<6F2H:?>6 4?>D23:< <: VZPN 2B2B E2D2= 6>D6 :D:6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 :B:<6F2H:?>6 4?>D23:<:5 :B:42F:4?:4B65 :D: 5 63:D: 6 <6 2DD:F:DO5 : B:<6F2H:?>6 4?>D23:<6 5 :>42CC: 282= 6>D: ( 6 7:>:H:?>6 5 B?46 5 EB2?@ B6F65 6 2B2H:?>6 5 :D: 6 B6C@?>C23:<:DODB2<6 2DD:F:DO5 :B:<6F2H:?>6 4?>D23:<6 5 :4?: :D:6 <6 2DD:F:DO5 :B:<6F2H:?>6 4?>D23:< = 6>D: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( +:C4?>DB2B6 <6 B:CE<D2>H6 4?>D23:<:5 : 42CC24?><6 8:246>H DD:F6 25 E>246 BD2QN`N' D6>6>5?4?>D?2> : = 2>52D: 6 B6F6BC2<: :>C?C@ 6C? ( +:C4?>DB2B6 <6 B:CE<D2>H6 4?>D23:<:B6<2D:F6 2:4B65 :D:65 2:5 63:D: F6BC?<:DED?-6 C?B:6B6 4?> 8<: 6B2DD:4?>D?B:= 6CC:5 28<:6CC: ::DED:5 : P^RQV`[) +62<:HH2B6 6B:?5 :4: 2BD6 5 6 BC?>2<6 :>D6B>?D6BH?5 2<<6 7E>H:?>:5 :D6C?B6B:2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:425 B6C6>H256: 5?4E= B?F2>D:<6?@ 6B2H:?>:5 : :>42CC?@ B6CC?<:DED? -6C?B:6B6?:>42CC2 6 4?>DB?<<?AE2<:D2D:F?5 :D2<:5?4E= 6 >D: 2<7:>6 5 B?F2B>6 <2B6 <2D:F2 B6 8:B2H:?>6 :>4?>D23:<:DO ( /6 B:7: B6 C6 >H2 5 6 : 5?4E= 6 >D: B?F2>D: <6?@ 6 B2H:?>: 5 282= 6 >D? DB2= :D6 <:DED? -6 C?B:6 B6 6 B42CC2 6 4?>DB?<<? AE2<:D2D:F? 5 : D2<: 5?4E= 6 >D: 2< 2B2>D:B6 496 DEDD6 <6?@ 6B2H:?>:5 :42CC26 32>42C:2>?4? B65 2D6 525?4E= 6>D: :5?>6 :4?>DB?<<2D:25 B?F2D: 7:>6 5 : B?F2B>6 <2B6<2D:F2B68:B2H:?>6 B:= <<2 <?B?B:<6 F2H:?>6 4?>D23:<6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 6 F6B:7:42CE32C6 = 6 >C:<6 5 6<<6 B:4?>4:<:2H:?>:32>42B:6 :DED?-6C?B:6 B6 6 44@?2<6 ( +:4?>4:<:2H:?>6 = 6>C:<6 5 6<7?>5? 42CC2 64?>?= 2<6 4?> :<<:3B? 42CC2 6 <2 4?>D23:<:DO B65 :C@?C:H:?>6 5 : 2568E2D: 4?>DB?<<: 6C 4?>D27:C:42 5 2BD6 5 6<+6C@?>C23:<6 56 <,?5 : E>CE? QRXRTN`[) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 56<<6 42CC6. ) 4?> B62H:?>: :>42CC2D6 2BD:4?<2B6 B:76B:= 6 >D? 2<<2DD:F:DO B?76CC:?>2< : D:4;6D 6 :>5 :F:5 E2H:?>6 5 : 6F6>DE2<: -B244:2B6 :> =?5? 49:2B? 6F:5 6>D6 6B4?BB:3:<6 DEDD: : 4?>DB?<<: CF?<D: CE<<6?@ 6 B2H:?>: 5 : -6 C?B6 B:2 B6 2H:?>: DDE2D6 6 >?>2>4?B2 :>42CC2D6 <2DD:F:DO5 : B:4?>4:<:2H:?>6 4?>D23:<6 4?><6 B:CE<D2>H6 5 6<<:DED? -6C?B:6B65 6 : 4?>D: 6<<6 42CC6 6 4?>?= 2<: 6 44 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >6 46CC:DO 5 : 25 68E2= 6>D? 5 6 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 5 <:42H:?>6 5 6 : B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4? B6H:?>6 6 B?B:5 :256 8E2= 6 >D?2<<2B:4?>4:<:2H:?>6 4?>42CC6D6C?B6B:26 44\[_`NXV) >5 :42B6,?' 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( 6 7:>:H:?>6 5 :E>= 2>E2<6 B?46 5EB6 2= = :>:B2D:F6 :>6B6>D:2<<:D6B5 : 2ED?B:HH2H:?>6 5 6<<6?@ 6B2H:?>:86:?>2<: 6 4?>D23:<:496 2DD?5 :B6DD?CE<) 2DB:=?>:?' 6DD? >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 :E>2= 6 B<24?BB6<2H:?>6 DB2 :7:>2>H:2= 6>D:2CC68>2D:2<< H:6 >5 26 8<: :>F6 := 6 >D: DDE2D:

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( ) B65:C@?C:H:?>6 5 : B?C@ 6DD?5 : B:4?>4:<:2H:?>6 DB2 :<F2<?B6 5 6<<6 5?>2H:?>:4?>76B:= 6>D: 6 <2C4:D: F:>4?<2D: 25 :>F6:= 6>D: B:CE<D2>D: 5 28<: 2DD: 5 : 5?>2H:?>6 :<F2<?B6 :>42CC2D? 6 8<: 5 E>DE2<= 6>D6 : 4?>76B:= 6>D: <6 5?>2H:?>: 65 : <2C4:D: F:>4?<2D: 2 :>F6:= 6>D: 6 <2 B:4?>4:<:2H:?>6 '10'22''+,+2 ')'2 +)) )1 '2'5'+,)2' +512'* +2'A> C:6 = 2D:42DB24?>76B:= 6>D: 5?>2H:?>: 6 <2C4:D: F:>4?<2D: 2 :>F6:= 6>D: 65 : 4?BB6<2D: 46C@ :D: 42@ :D2<:HH2D:>?>49Q DB22= =?BD2= 6>D: 6 6B:<:HH2H:?>:496 >6 5 :C46>5?>? ( ) B65 :C@?C:H:?>6 5 : B?C@ 6DD?5 : B:4?>4:<:2H:?>6 DB2 :<F2<?B6 5 6 : 46 C@ :D: 24AE:2D: = 65 :2>D6 4?>76 B:= 6 >D: 5?>2H:?>: 6 <2C4:D: F:>4?<2D: 25 :>F6 := 6 >D: 6 : B6 <2D:F: 7:>2>H:2= 6 >D: D6 >6 >5? 4?>D? 2> <: 2= =?BD2= 6>D:6 5 6<<6 6B:<:HH2H:?>:496 >6 5 :C46>5?>? + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' 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B:C@?>5 6 >H2 DB2 <?B5 :>6 5 : 24AE:? 6 :<5?4E= 6 >D?5 : DB2C@?BD?? 5?4E= 6 >D? :>5 :42>D6 <2FF6 B6 2H:?>6 5 6<C6BF:H:? 6 <272DDEB25 B:= 25 B?465 6B6 2<<2 B:<6F2H:?>6 5 : AE6E<D:= 2 :>4?>D23:<:DO86>6B2<6 ( /6B:7:425 6<<25 6B6>H25 6<DB2DD2= 6>D?7:C42<6 4?><6 >?B= 2D:F6 F:86>D6 2B6 6 F:5 6 >H2 5 6 : 4?>DB?<<: DDE2D: 2BD:4?<2B6 B:8E2B5? 2<<2 2B2H:?>6 5 :?B5 :>: (?776 BD6 B:49:6 6 2: ( ED?B:HH2H:?>6 5 6 <<6 5 :C@?C:H:?>: 5 282= 6 >D? 5 2 E>7E>H:?>2B:?5 : B?@ B:2D? <:F6 <<? 7?B>:D?B: ( 3?<<6 5 : 6 >DB2D2 5 6 <<2 = 6 B46 :> = 282HH:>? 2<<2 F6 B:7: <<6 72DDEB6 5 6 : 7?B>:D?B: :>D6 2H:?>6 3?<<2 72DDEB23?<<2?B5 :>642<4?<:2B:D= 6D:4:25 := 6>D:7:C42<:2ED?B:HH2H:?>6 2<@ 282= 6>D? ( ) B65 :C@?C:H:?>6 5 6<<2B:4?>4:<:2H:?>6 DB2 :<C6H:?>2<6 7?B>:D?B: 6 <24?>D23:<:DO86>6B2<6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6^VSVPN)?B>:B6 :5?>6 : 6<6= 6>D: 5 : := B6F:C:?>6 5 6 : 5 63:D: 5 : 4E: C: 4?>?C46 <6C:6>H2 = 2 >?> <2= =?>D2B6 = 6 B4: 24AE:C:D6? C6BF:H: B:46 FED: C6>H2 496 C:2 2D2 B:46FED2 6 4?>D23:<:HH2D2 <2 B6 <2D:F2 72DDEB2 5 63:D: 2 <E>8? D6 B= :>6 B6 >C:F: 5 6 8<: :>D6 B6 6 B: AE2<: B?3<6 = : 5 : F2<ED2H:?> :D: CE: AE2<: C:2>?= 2DEB2D: :>D6B6 CC:?@ 6>2<:DO5 2 :>C6B:B6 :>3:<2>4:?B:C49: 4?>4B6D:HH2D: :>5 63:D:PR^`V) ( >2<:C: 5 6<<25?4E= 6>D2H:?>6 2DD62>D6 :<B:46F:= 6>D?5 : = 6B4: 6? <6C6 4EH:?>6 5 : C6 6B V ]anxv _V l VZ N``R_N QRXXN SN``a^N NX SVZR QV ^VXRbN^R VZ P[Z`NOVXV`k V ^RXN`VbV QROV`V \R^ SN``a^R QN ^VPRbR^R) ( >2<:C: 5 6 : C6H:?>2<: B6<2D:F: B:>4:@ 2<: 7?B>:D?B: 2<7:>6 5 : :>5 2CC:F:DO>?>B68:B2D6 2>496 2<<2<E <: 68>:C?DD?C4B:DD:5 6 :3E586D6 5 68<: B6465 6>D6 ( >2<:C:6 F2<ED2H:?>6 5 6 :5 6B:AE2<: CECC:?>?@ B?3<6= :5 :F2<ED2H:?>6 25 6C6 :? <682D: 25 <EB:6>>2<: 6 5 >H:2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 496 :5 6 >D:7:49: : :D: 6 <6 B6 C@?>C23:<:DO 4?>>6 CC6 2<<6 5 :F6 BC6 72C: <682D6 2<<2 86:?>6 6 2<<2 B:<6F2H:?>6 5 6 : DB2DD2= 6>D: 6 4?>?= :4: 6BC?>2<6 5 :@ 6 >5 6 >D6 >?>5 :@ 6 >5 6 >D6 E>:F6 BC:D2B:?6 4?>F6 >H:?>2D? ( 88:?B>2= 6>D? 6:F? 56 <<6 2>28B27: BC?>2<6 5 :@ 6>5 6>D6 2CC:= :<2D? 2 5 :@ 6 >5 6>D6 E>:F6BC:D2B:? 6 56: = 65:4: 4?>F6 >H:?>2D: & & ) %, 0,.& /6D6B:>2B:?>D:>E:DO 7 V_`RZdVNXR%) ( +:<6F2H:?>6 6 =?>:D?B288:? 56 B6C6 >H6 6 56<<6 2CC6>H6 = 65 :2>D6 <233:>2= 6>D? 2<<6 2ED?B:HH2H:?>: 56 <B6C@?>C23:<6 5 6<<.( 6 2: B6C6>D2D: 6BC?>2<6 >?>49Q 56 B6 2H:?>: 288:E>D:F6 ( +:4?>4:<:2H:?>6 DB2 :<46 5?<?>6 :<?82D:F?6 : F2<?B: :C4B:DD: :>4?>D23:<:DO 86 >6 B2<6?B= 2<:HH2B6 : 7<ECC: :>7?B= 2D:F: 6 4?>C6>D:B6 6B4? B:3:<:DO 5 6 : 4?>DB?<<: CE<4? B6DD? DB2DD2= 6>D? 64?>?= :4? 5 6BC?>2<6 5 :@ 6 >5 6 BC?>2<6 2CC:= :<2D? 2 5 :@ 6>5 6>D : = 65 :4: 56<<2 = 65 :4:>2 4?>F6>H:?>2D2 5 : ( +:4?>4:<:2H:?>6 DB2<6 6B< :?>6B: C?4:2<:6 B:D6 >ED6 6B2B:2<:5 2F6 BC2B6 28<: 32C6C64?>5? <2B6 8?<2H:?>6 8:EC<2F?B:26 \^RbVQRZdVNXR) C@ 6 4:7:4:6>D:6 :F2<?B: :C4B:DD: :>4?>D23:<:DO86>6B2<6 ( 6 D6 B= :>2H:?>6 5 6 : 7?>5 : 4?>DB2DDE2<: 5 : 6 D6 >H2 6 >?>@ 282D: ( >2<:C: 6 := 256 8<: 2442>D?>2= 6>D: 4?>>6 CC: 2: B:>>?F: 4?>DB2DDE2<: C@ 6DD2>D: 2<@ 6BC?>2<6 QV\RZQRZ`R) ( 6B:?5 :425 68<:C4?2= 6>D:5 6 : 4?:5 6<@ 6BC?>2<6 B:C@ 6B:?5 B6465 6>D:2<7:>6 5 : F6B:7:42B6 <2B28:?>6F?<6HH25 6 : 4?: = 6 >C:<: 6 56 <<6 B6DB:3EH:?>: 6B?82D6 ( & E>D?5 :E>7<ECC?:>7?B= 2D:F?@ 6B:<=?>:D?B288:?5 B6 2H:?>:6776DDE2D6 5 6BC?>2<6 2CC:= :<2D?2<5 :@ 6>5 6>D6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 F?<D2 2<<:>5 :F:5 6 B<6 5 :F6BC6 D:@?<?8:6 5 : 5 63:D: 5 : :D: 6 B6C@?>C23:<:DO 4?>>6 CC6 2<<6 7E>H:?>: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 6 86:?>6 56< 5 63:D?6 5 6 :4?BB6<2D:4?:496 B:C@ 6DD: :<@ B:>4:@ :?56 2B2H:?>6 56 <<6 2B2B6 2568E2D2= 6>D6 : :D:6 B6C@?>C23:<:DO>6<<6 72C:5 :24AE:C:H:?>6B:<6F2H:?>6 6 86:?>6 56 <5 63:D?6 5 6 : 4? B6 <2D: 4?: + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2ZV`N^VR

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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?46 5EB6?@ 6B2D:F6 2DD6 282B2>D:B6 B?D6H:?>6 6 <2C2<F28E2B5 :256: 36 >: >?>49Q<2446BD2= 6>D?5 6<5 :B:DD?5 B?@ B:6DOCE<<6 VYY[OVXVddNdV[ZV) ( >F6>D2B:2H:?>6 D6 6:F25 6 : 36>: ^VPRba`V) ( :DEH:?>6 6 7?B= 2<:HH2H:?>6 5 : :5?>6 B?465 EB6 2DD6 282B2>D:B6 :<4?>DB?<<?CE<<2 5 :C= :CC:?>6 5 6 : 46 C@ :D: ) B?D6 886 B6 6 C2<F28E2B5 2B6 : 36 >: ( /6B:7: <: :>4B6= 6 >D: 56: 4?>D: := =?3:<:HH2H:?>: = 2D6B:2<: 6 := =?3:<:HH2H:?>: := = 2D6B:2<: C:2>? 52 2DD6>5 :3:<: := 6 4?>7?B= :?F6 <:423:<: 2<<2 42C::42 <:42D:F2 6 2: ) B:>4:@ :?>D23:<: 5 : B:76 B:= 6 >D? >?>49Q 5 2<<2 5?4E= 6 >D2H:?>6 B:<6 F2>D DD6 : :< DB2C76 B:= 6 >D?5 6 <36 >6 7:4:?6 5 6 <B:C49:?4?>>6 B?@ B:6 DO 5 6 <<6 _`R R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6 \^[bf65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( /6 B:7:42 6 2>2<:C: 5 2BD6 5 6 <<2 :B6 H:?>6 6 >6 B2<6 5 6 <<6 6 C:86 >H6 5 : :>F6 := 6 >D? 5 6<< H:6>5 6B:<@ 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<65 6<<6 4?>?= :4:DO5 68<: :>F6:= 6>D: 6 5 6<<6 5 :C@?>:3:<:DO 5 : 7:>2>H:2= 6>D? :> =?5? 5 B:56 >D:7:42B6 <6 24AE:C:H:?>: DDE2B6 6 B:?B:DO 5 : 2DDE2H:?>6 ( ) B65 :C@?C:H:?>6 2>>E2<6 6>DB? <2 7:>6 56 <<6C6B4:H:? :> 6B<6C6B4:H:? CE446CC:F? 5 2BD6 5 6<<. 77:4:? -64>:4? 6? 5 6<<>868>6B:2 <:>:42 :> 4?<<23?B2H:?>6 4?> :<, 56 :2>? 5 68<: :>F6:= 6 >D: B6>C:F? 5 6<<6 = 2>ED6 >H:?>: B2?B5 :>2B:6 5 : >2DEB2 :>4B6= 6B 2DB:=?>:?5 :C@?>:3:<6 6 :>5 :C@?>:3:<6 ) B65 :C@? B64?>425 6>H22<= 6>?2>>E2<6E>@ :2>?5 68<: :>F6:= 6>D: ( 6B:?5 :4? 5 6 : 5 2D: 4?>CE>D:F: 4?> :<@ :2>? 5 68<: :>F6 := 6>D: 6 B:F:C:D2H:?>6 :> 42C? 5 : C4?2= 6>D: C:8>:7:42D:F: 5 :2>? :> 32C6 2<<6 >E?F6 6 C:86>H6 5 : :>F6:= 6 6B B?F2H:?>6 5 2BD6 5 6<<2 :B6 B6F:2F6B:7:4256 <<2C?6>:3:<:DO >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D?6 F6>DE2<: =?52<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( >5 :F:5 E2H:?>6 56 <<6 7?>D: 5 : 7:>2>H:2= 6>D? 4?>DB:3ED: :>4?>D? 42@ :D2<6 4?>DB:3ED: :>4?>D? 6C6B4:H:? 4?>76 B:= 6>D: <2C4:D: 6 5?>2H:?>: 6B<24AE:? 5 6 : 46C@ :D: 496 <2 F?46 56 <<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 B:4?>4:<:2H:?>6 4?><6 B6<2D:F6 F?4: 5 : ) 2DB:=?>:?' 6DD? >5 :F:5 E2B6 2B2D2= 6>D6 :46C@ :D:24AE:C:D:4?>4?>DB:3ED: :>4?>D?6C6B4:H:? :4?>76B:= 6>D: :<2C4:D:<6 Q[ZNdV[ZV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( :DEH:?>6 5 : 25 B?46 5EB6?@ 6B2D:F6 6 2= = :>:B2D:F?(4?>D23:<: 2DD BD2B6 <6C:6>H25 6 6B<242@ :D2<:HH23:<:DO5 6<<6 = 2>ED6>H:?>:B2?B5 :>2B:62>496 B6F:6 446BD2B6 <6C:6>H256 : 6B<242@ :D2<:HH2H:?>6 :>3:<2>4:?5 6<<6 = 2>ED6>H:?>: B2?B5 :>2B:6 ( +:<6F2H:?>6 5 2BD D6>D6 5 6<<6 C@ 6 C6 5 : = 2>ED6 >H:?>6 B2?B5 B6F:6 >6<@ :2>?5 68<: :>F6:= 6 >D:6 4?= E>:42H:?>6 56 <<6C:86>H22<, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 B2<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 R_R^PVdV[) ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 B:2<: +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ B:>4:@ : 4?>D23:<: 6 42C::42 <:42D:F2 6 G %8C 5 : 4?BB6 H:?( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : :5?>6 B?46 5 EB6 5 : B:<6 F2H:?>6 7:C: <<6 8:246 >H6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? D6 BH: :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 52D:5 6<<24?>D23:<:DO 5 := 282HH:>?2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 2:52D:P[Z`NOVXV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>56 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C4256 B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 64?>?= 2<6 6 :5 6>D:7:42H:?>6 5 6<<6 <:>66 5 : B6C@?>C23:<:DO >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 2 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

121 % & & % 5 BCC2 >B:42 BNVZN^QV 1*,%;A44B B2> =2CC6? >?C6 =;<2>? >?C6 ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 :> 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 : 4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : = 282HH:>? 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 +:<6F2B6 8<:2C@ 6DD: 86 :?>2<: 6 4?>D23:<:5 6<<6 C4?BD6 82B2>D6 >5?E>256 8E2D?<:F6<<?5 4? B6<2H:?>6 DB2 :5 E6 _V_`RYV) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2bR^VSVPN) ( 5 6>D:7:42H:?>6 5 6 : B6C@?>C23:<: 5 6<<6 5 :F6BC6 72C:5 : B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6 BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D? 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 :BE?<:6 B6C@?>C23:<:DO4?>>6CC: 2<<2 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>]aR_`V[ZR) :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6 B:?5 :4?=?>:D?B288:?5 6 8<: 2BD:4?<: :>C425 6 >H B?5?DD:?3C?<6 D:?2 <6 >D2 B?D2H:?>6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 ::496 B?5?DD:?886DD?5 :2>2<:C:6 6 B<2 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< 6 B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 :24AE:?<6 3?<<6 5 : 6>DB2D2 6 <6 72DDEB6 5 2B:46F6B6 (.D:<:HH?5 :E>C:6= 24?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D?7B2?B5 :>:6= 6CC: 6 5?4E= 6>D: 5 6 6B4?>C6>D:B6 <2B68:B2H:?>6 56<<2442>D?>2= 6>D?@ 6B72DDEB6 5 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6 CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6>D2H:?>: :>EC4:D2 5 6<<2 = 6B46 4?>B:76B:= 6>D? 2<<2 4?BB6<2H:?>6 DB2 8<:?B5 :>: 5 B6<:6F? 52 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO :C@?BB6 5 : E>C:6 = 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6 >D2DB2 <2<DB?5 : 4?BB6<2B6 5?4E= 6>D: 5 6>DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 2 4?>D23:<6 86 :?>2<6 6 B= 6DD2 :<B277B?>D? 2ED?= 2D:4??= 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6 F? 52 2BD? : 3E?>: 5 B6<:6F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%) (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[) ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?56 <<6 = 6B4: :>45 D1>.0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ;RSVZVdV[>6 5 : B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 : :D: 6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6 C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 SaZdV[ZV),3 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6 F2H:?>6 6 <2 DB244:23:<:DO 56 8<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 6 B<2 86 :?>6 5 6 : B:46 F:= 6 >D: 5 : = 6 B46 ( DD:F2H:?>6 5 :E>@ B?46CC?5 :DB244:23:<:DO56 8<:C42B:49:5 := 282HH:>?6 5 6 :DB2C76B:= 6 >D: NX ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2 C6 H:?>2<6 5 : = 282HH:>?6 4?>D23:<:DO 86 >6 B2<6 ( /6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <= 282HH:>? 2<4??= 6 5 :?@?>5 6 B2D? ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH: ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5: 4?BB6 H:?>6 6 B?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6,6 B >D6 P, :>5 :42B6 <2C4256 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 +6 8:?>6 %?= 32B5 :2 C:B:C6 BF2 : 5 6 7:>:B6 4?>CE446 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6 <<6 72C: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 56 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 : 4? B6 <2D: B:42F: ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:5 2BD6 5 6< B6 C@?>C23:<6 5 6 <, >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2bR^VSVPN) ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX HHG) ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6 BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6 : E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>526 AE6 <<6 B?F6>:6>D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :25 68E2= 6>D?56 :C2<5 :5 : 3:<2>4:?4?= 6 4?>C68E6 >H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26G %8C 5 : 4? B6H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 H:?>2<: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56 <<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 56 <<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 4?>D23:<6 ( 6 7:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6 B7:>2>H:2= 6 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<:6 2<DB:2DD: 5 :N RTZNdV[ZR%) ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46C6B4:H:? B62H:?>: 6B?82D6 2H:6>D: B68:?>2<: 65 6GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 QNXX7dVRZQN%) 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6=?5 :7:42B6?6:>8E6 B6 :4B6 5 28>2D252 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6 F2H:?>6 6 :56>D:7:49: <2 5?4E= 6>D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 6?2B49:F:2B6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4: CE<<2B6<2D:F272DDEB2H:?>6 6 :B6<2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC:5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H = 6>D?

122 % & & % 5 BCC2 >B:42 BNVZN^QV 1*,%;A44B B2> =2CC6? >?C6 =;<2>? >?C6 BC2>52A5 ( 67:>:H:?>6 5 B?46 5EB25 : 4?>DB?<<?CE<<2B:<6F2H:?>6 5 6<<6 2<DB6 D:@?<?8:6 5 :B:42F?6 5 6<<6 C?@ B2FF6 >:6>H6 6 :>CECC:6>H6 2DD:F6 496 :>5 :49:<6 2ED?B:HH2H:?>:<6 =?5 2<:DO6 <6 ::496 5 : P[Z`NOVXVddNdV[ZR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 +68:?>6 %?= 32B5 :2 C: B:C6BF2 5 : 567:>:B6 4?> B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6 \B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F?(4?>D23:<6 6B= 6DD2 5 : 4?>DB?<<2B6 6 F2<ED2B6 :< B:C49:? 5 : :>6C:8:3:<:DO 5 6 : 4B65 :D: F6BC? : 4<:6>D: >6 82B2>D:C42 :< 4?BB6DD? := 6 >D?:>4?>D23:<:DOTRZR^NXR) /2<ED2B6 :4B65 :D:6 : B:42F:D6>6>5?4?>D?5 :DEDD: :>7<E:B6 CE<F2<?B6 5 68<:6 CC:AE2<:25 6 C6 :? :<B:C49:?5 : :>6 C:8:3:<:DO 6 <6 F6 >DE2<:DO 5 : B6 DD:7:496 ( 6 7:>:H:?>6 5 : B?46 5 EB2 NYYVZV_`^N`Vb[(4?>D23:< B2>D:C42 :< 4?BB6 DD? := 6 >D? :> 4?>D23:<:DO 86>6B2<6 56<<6 B6DD:7:496 2: 4B6 5 :D: 6 2: B6<2D:F: B:42F: 2 C68E:D? 56: 4?>DB?<<: 4?>5?DD: 5 2: ' E4<6 : 6B2D:F: 5 :?>DB?<<? ' ( CE<<2 32C6 5 68<: :>5 :B:HH: B6 8:?>2<: :> YN`R^VN) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB6 2= = :>:B2D:F? 4?>D23:<: :5?>66 282B2>D:B6 <2B:<6F2H:?>6 5 6 : 4B65 :D: : B:42F: >6 <@ 6 B:?5?5 : 6 D6 >H2 ( 67:>:H:?>6 5 B?46 5EB22= = 6 B<2B:<6F2H:?>6 6 :<=?>:D?B288:? 5 68<: 2442>D?>2= 6BAE?D6 :>ED:<:HH2D6 5 : 4?>DB:3ED: 46 C6B4:H:?F:>4?<2D: 6 7:>2<:HH2D:>?>49P 5 6 8<: ED:<:HH: B:<6 F2D: >6 8<: 6 C6 B4:H: CE446 CC:F: +:<6F2B6 6D6>H25 6B:?5?56 <<6?@ 6B2H:?>: >>?86>6B2D? 4B6 5 :D: 6 B:42F: ( /6 B:7:42 5 : 244EB2D6 HH2 5 6 <42<4?<?5 6 : B2D6 : 2DD:F: 6 2CC:F: >5 :42B6,?' 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D? 6F6>DE2<: =?5 2<:DO 5 : 6776 DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 : B?46 5EB22= = :>:B2D:F?(4?>D23:<6 B6F65 2<:C4B:H:?>6 :>4?>D23:<:DO 5 : 4?>76B:= 6 >D: 5?>2H:?>: 6 <2C4:D: F:>4?<2D: 25 :>F6:= 6 >D: :> 4? B:C@?>56>H2 5 6<<2DD? 5 : Q[ZNdV[ZR Z[ZPUl VX _appr Vb[ NOOVZNYRZ`[ NV PR_\V`V P[Z R V SVZNZdVN`V R NTXV NYY[^`NYRZ`V R 6 B:<:HH2H:?>: 496 >6 5 :C46 >5?>? ( ) B65:C@?C:H:?>6 5 : B?C@ 6DD?5 : B:4?>4:<:2H:?>6 DB2 :<F2<?B6 5 6<<6 5?>2H:?>:4?>76B:= 6>D: 6 <2C4:D: F:>4?<2D: 25 :>F6:= 6>D: B:CE<D2>D: 5 28<: 2DD: 5 : 5?>2H:?>6 :<F2<?B6 :>42CC2D? 6 8<: 5 E>DE2<= 6>D6 : 4?>76B:= 6>D: <6 5?>2H:?>: 65 : <2C4:D: F:>4?<2D: 2 :>F6:= 6>D: 6 <2 B:4?>4:<:2H:?>6 '10'22''+,+2 ')'2 +)) )1 '2'5'+,)2' +512'* +2'A> C:6 = 2D:42DB24?>76B:= 6>D: 5?>2H:?>: 6 <2C4:D: F:>4?<2D: 2 :>F6:= 6>D: 65 : 4?BB6<2D: 46C@ :D: 42@ :D2<:HH2D:>?>49Q DB22= =?BD2= 6>D: 6 6B:<:HH2H:?>:496 >6 5 :C46>5?>[ ( ) B65 :C@?C:H:?>6 5 : B?C@ 6DD?5 : B:4?>4:<:2H:?>6 DB2 :<F2<?B6 5 6 : 46C@ :D: 24AE:2D: = 65 :2>D6 4?>76 B:= 6 >D: 5?>2H:?>: 6 <2C4:D: F:>4?<2D: 25 :>F6 := 6 >D: 6 : B6 <2D:F: 7:>2>H:2= 6 >D: D6 >6 >5? 4?>D? 2> <: 2= =?BD2= 6>D:6 5 6<<6 6B:<:HH2H:?>:496 >6 5 :C46>5?>? >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 2B2H:?>6 5 6<<27E>H:?>6 B:49:65 6>D6 B:C@ 6DD?2<<27E>H:?> = 6 DD6 <?B5 :>6 5 : 24AE:? 2B2H:?>6 5 6<<27E>H:?>6 24AE:: B:C@ 6DD?2<<27E>H:?> DDE2<6 B6 8:B2H:?>: :> P[Z`NOVXV`k) ( 6 7:>:H:?>6 5 : B?46 5 EB2?@ 6 B2D:F2 496 :5 6 >D:7:49: B6 C@?>C23:<:DO =?5 2<:DO 6 D6 : 5 6 <<6?@ 6 B2H:?>: 4?>>6 CC6 2<<6 C@ <6 D2= 6 >D? 5 6 B?46 5 EB6 5 : 6 B<2 7?B>:DEB2 5 : 36 >: 6 C6 BF:H: 6 8<: 2<D:5 E33<:4: :><:>6 24?><6 5 :C@?C:H:?>:>2H:?>2<: 6 B68:?>2<: :C4:@ <:>2B6 8<: B?FF:8:?>2= 6>D: 5 : 36>: 6 C6BF:H: C2>:D2B: 6 >?>C2>:D2B: 5?4E= 6>D2>5? 6 7?B= 2<:HH2>5?:< 7<ECC?:>7?B= 2D:F?6 <6 72C: 5 B?465 EB25 : 24AE:C:H:?>6 5 6 : 36>: 6 C6 BF:H: C2>:D2B: ( 6 7:>:H:?>6 5 : B?46 5EB2?@ 6B2D:F2496 :5 6>D:7:49: B6C@?>C23:<:DO=?5 : 6 4?>DB?<<:56 <<6?@ 6 B2H:?>:4?>>6CC6 2<<24AE:?5 :36>:6 6B:AE2<:>?>C:2?33<:82D?B:2= B6F:?:<B:4?BC?282B6 288B682D6?:>5 :F:5 E2<: ( >F:?5 6 8<:?B5 :>: 5 : 24AE:?2: 7?B>:D?B: 4?>6 F:5 6 >H2 5 6 <<2ED?B:HH2H:?>6 5 2BD6 5 : E> 7E>H:?>2B:?5 B?@ B:2D?<:F6<<? >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 B6 6B<2F6B:7:42 :682B6 5?4E= 6>D: :5?>6 : 65 B?F2D: <2C4:2>5? DB244:2 5 6 : 4?>DB?<<: CF?<D:?8>:?@ 6 B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6:>8E6 B6 : 563:D: 5 6F6 6CC6B6 B?F2D ?4E= 6>D: 496 C:2>? 4?>DB?<<2D: 65 B:= 25 6<<2<?B?B:<6F2H:?>6 P[Z`NOVXR) ( 67:>:H:?>6 5 : B?465 EB2 2= = :>:B2D:F? 4?>D23:<6 B6F ?8>:?@ 6 B2H:?>6 CEC46 DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 5 6 3:D: C: E2D2 Q[PaY6>D2H:?> D2<:5?4E= 6 >D: C:2>?4?>DB?<<2D:65 B:= 25 6<<2<?B?B:<6F2H:?>6 P[Z`NOVXR) >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 B6 6B<2F6B:7:42 ( /6 B:7:42 5 : 4? B:C@?>5 6 >H2 DB2 B:49:6 6 5 : 24AE:??776 BD6 B:46 FED6 5 2: 7?B>:D?B: 6?B5 :>: 5 : 24AE:?6 = 6 CC: ( /6 B:7:42 5 : 4? B:C@?>5 6 >H2 DB2 <?B5 :>6 5 : 24AE:? 6 :<5?4E= 6 >D?5 : DB2C@?BD?? 5?4E= 6 >D? :>5 :42>D6 <2FF6 B6 2H:?>6 5 6<C6BF:H:? 6 <272DDEB25 B:= 25 B?465 6B6 2<<2 B:<6F2H:?>6 5 : AE6E<D:= 2 :>4?>D23:<:DO86>6B2<6 ( /6B:7:425 6<<25 6B6>H25 6<DB2DD2= 6>D?7:C42<6 4?><6 >?B= 2D:F6 F:86>D6 2B6 6 F:5 6 >H2 5 6 : 4?>DB?<<: DDE2D: 2BD:4?<2B6 B:8E2B5? 2<<2 2B2H:?>6 5 :?B5 :>: (?776 BD6 B:49:6 6 2: ( ED?B:HH2H:?>6 5 6 <<6 5 :C@?C:H:?>: 5 282= 6 >D? 5 2 E>7E>H:?>2B:?5 : B?@ B:2D? <:F6 <<? 7?B>:D?B: ( 3?<<6 5 : 6 >DB2D2 5 6 <<2 = 6 B46 :> = 282HH:>? 2<<2 F6 B:7: <<6 72DDEB6 5 6 : 7?B>:D?B: :>D6 2H:?>6 3?<<2 72DDEB23?<<2?B5 :>642<4?<:2B:D= 6D:4:25 := 6>D:7:C42<:2ED?B:HH2H:?>6 2<@ 282= 6>D? ( ) B65 :C@?C:H:?>6 5 6<<2B:4?>4:<:2H:?>6 DB2 :<C6H:?>2<6 7?B>:D?B: 6 <24?>D23:<:DO86>6B2<6 >5 :42B6,?' 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( 88:?B>2= 6>D? 6:F? 56 <<6 2>28B27: BC?>2<6 5 :@ 6>5 6>D6 2CC:= :<2D? 2 5 :@ 6 >5 6 >D6 E>:F6 BC:D2B:? : = 6 5 :4: 4?>F6 >H:?>2D: & & ) %, 0,. & /6 D6 B:>2B:?>D:>E:DO 7 V_`RZdVNXR%) ( +:<6F2H:?>6 6 =?>:D?B288:? 56 B6C6 >H6 6 56<<6 2CC6>H6 = 65 :2>D6 <233:>2= 6>D? 2<<6 2ED?B:HH2H:?>: 56 <B6C@?>C23:<6 56<<.( 6 2: B6C6 >D2D: 5 6BC?>2<6 >?>49Q 5 B6 2H:?>: 288:E>D:F6 ( +:4?>4:<:2H:?>6 DB2 :<46 5?<?>6 :<?82D:F?6 : F2<?B: :C4B:DD: :>4?>D23:<:DO 86 >6 B2<6?B= 2<:HH2B6 : 7<ECC: :>7?B= 2D:F: 6 4?>C6>D:B6 6B4? B:3:<:DO 5 6 : 4?>DB?<<: CE<4? B6DD? 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( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( 6 B:?5 :42 DB2 <:3B?46 C@ :D:6 4?>D23:<:DO 86 >6 <:423:<6 ( +:4?>4:<:2H:?>6 5 6<<6 := =?3:<:HH2H:?>: :>4?BC?B:CE<D2>D: 5 2<<24?>D23:<:DO86>6B2<6 B?C@ 6 DD?56 <<2F2>H2= B65 6 D6>D DDE2BC:2<= 6 >?27:>6 <:423:<6 ( /6B:7:4256 <<24?BB6DD2F2<ED2H:?>6 5 6<<6 := =?3:<:HH2H:?>: = 2D6B:2<: 6 := = 2D6 <:423:<6 +:4?>4:<:2B6 4?> B:?5 :42 <6 B:CE<D2>H6 5 6 <<:3B?46 C@ :D: 4?> AE6 <<6 5 6 <<2 4?>D23:<:DO 86 >6 B2<6 ( /6B:7:42 5 6<<2 6F6 >DE2<6 >646 CC:DO 5 : 256 8E2= 6 >D? 56 : C2<5 : 5 : 3:<2>4:? 4?= 6 4?>C68E6>H2 ))?..)' 7',+ '+3,5'.0'+ '.',+2 ')' 1'12'..)' 2'5 6 > %1>M MT BN L MM ; ',007',( >6 6 BB?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 <:423:<6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?465 EB6 5 : B:<6F2H:?>6 7:C:425 6<<6 <:423:<6 (,F?<8:= 6>D?5 6<<6 6B:?5 : <<6 B:= 2>6>H6 5 : = 282HH:>?72B= 246ED:4?65 6 4?>?= 2<6 5 : B6 CC? <:423:<6 :=?B2B6 <6776DD:F26C:6>H27:C:42= 282HH:>: ( 2BD:C6 BF:H: ( D6BH: 5 6<<6 C4?BD6 (?>7B?>D?DB2<6 B:CE<D2>H6 5 6<<:>F6>D2B:?7:C:4?6 : 5 2D: 56 <<24?>D23:<:DO 5 : = 282HH:>? 2<7:>6 5 : :56 >D:7:42B6 6 F6>DE2<:5 :C4?B5 2>H6 B?>D2B6 <6 5?FED6 B6DD:7:496 <:423:<6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 6 7:>:H:?>6 6 <:42H:?>6 5 : 25 6 B?46 5 EB6?@ 6 6 B<2 86 :?>6 5 6 <<6 = 6 B4: :> = 282HH:>? 72B= 246ED:4?65 6 4?>?= 2<6 6 :56 >D:7:42H:?>6 5 6<<6 <:>66 5 : B6 <:423:<6 >5 :F:5 E2B6 : =?F:= 6>D: :>6>DB2D265 :>EC4:D26 :<=?F:= 6>D?6776DD:F?5 : DB2C76 B:= 6>D?56 <D:D?<?5 B?@ B:6DO 5 6 <<6 C4?BD6 ( 67:>:H:?>6 5 :25 B?465 6 B:<4?>DB?<<?56 :36 >: 5 B?@ B:6DO2>496 5 B6CC?D6BH:6 56 :36>:5 : B6CC?<2H:6>5 <:423:<6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42

127 % & & % 5 BCC2 >B:42 BNVZN^QV 11)H2A6D >?C6 8B2 >?C6 +:<6F2B6 8<:2C@ 6DD:86:?>2<:6 4?>D23:<:56 <<6 C4?BD6 82B2>D6>5?E>25 68E2D?<:F6<<?5 4? B6<2H:?>6 DB2 :5E6 _V_`RYV) ( <6 = 6 >D2H:?>6 >6<C6H:?>2<6 5 : = 282HH:>?5 : E>C:6 = 25 : B:<6F2H:?>6 5 6<<2= 6B46 <:423:<6 6>DB2D26 :>EC4:D26 2<<:>62= 6 >D? 4?><24?>D23:<:DO86>6B2<6 ( >D68B2H:?>6 7B2 :<C:6 = 25 :4?>D23:<:DO86 >6 B2<6 6 <24?>D23:<:DOC6H:?>2<6 5 : = 282HH:>?.,*,-*-+,3 7:>2<:HH2D?2<<2 F6 B:7: <<2 4?BB6 DD2 F2<?B:HH2H:?>6 5 6 <<6 B:= 2>6 >H6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 5 6>D:7:42H:?>6 5 6 :B6C@?>C23:<:5 6<<6 5 :F6BC6 72C:5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 <:423:<6 ( 67:>:H:?>6 5 : >?B= 6 2B2H:?>6 5 6 : BE?<: 6 56 <<6 B6C@?>C23:<:DO4?>>6CC6 2<<2 B:<6F2H:?>6 7:C:4256 <<6 8:246>H6.,*,-*-+,3 '?> 7\\XVPNOVXR BC2>52A5?A82>;GG2C;E; 4?>C23;<; %4;4<? 2CC;E? % 6 2A62 A;=2>6>G6 6 7:>:B6 BE?<:6 B6C@?>C23:<:DO4?>>6CC:2<@ B?46 CC?5 :B:<6F2H:?>6 :>F6>D2B:2<6 5 6<<6 C4?BD6 = 282HH:>: ( 2BD:C6BF:H: ( D6BH: 2< 5 :46= 3B6 5 :?8>:2>>? 2<4?<2B6 :<DEB>?F6B5 6<<6 C4?BD6 :>= 282HH:>?6 56 <<6 C4?BD6?3C?<6 D6 C425 ED6 6?>?>@ :S ED:<:HH23:<: B?46CC?@ B?5 EDD:F? ( 67:>:H:?>6 5 :>?B= 6?@ 6B2D:F6 5 2BD6 5 6 :B6C@?>C23:<:5 6<<:>F6>D2B:?@ 6B<?CF?<8:= 6 >D?.,*,-*-+,3 5 6 <<2 B:<6 F2H:?>6 7:C: <<6 8:246 >H6 ( 67:>:H:?>6 5 : B?465 6B<:5 6>D:7:42H:?>6 5 : BE?<: 6 B6C@?>C23:<:DO4?>>6CC: 2<<2.,*,-*-+,3 B:<6F2H:?>6 7:C:4256 <<6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( ) 6B:?5 :4?=?>:D?B288:?5 68<:2BD:4?<: :>C425 6>H <:423:<6 ( 67:>:H:?>6 5 B?465 EB25: F2<ED2H:?>6 5 6<<6 C4?BD6 496 :>5 :49: :C?886DD: B6 5 :C@?C:H:?>6 5 6<<2>2<:C:<6 B?5?DD:?886 DD?5 : 2>2<:C:6 6B<2.,*,-*-+,3 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= 6B<?3:6DD:F?:>AE6:?>6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C425 B6 6B<2F6B:7:42 ( /6B:7:42 5 6<<256 8E2D6HH2 5 6< C:6= 2 4?>D23:<686:?>2<6 ED:<:HH2D? 5 2<< H:6>5 6B<2 B:<6F2H:?>6 5 6<<6 C4?BD6 4?>B:76B:= 6>D?2<<24?BB6<2H:?>6 DB28<:?B5 :>: 5 : 24AE:?<6 3?<<6 5 : 6>DB2D2.,*,-*-+,3 6 <6 72DDEB6 5 2B:46F6B6 (. D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6 B= 6DD2 :<B277B?>D?7B2?B5 :>: 6= 6CC: 6.,*,-*-+,3 5?4E= 6 >D: B4?>C6 >D:B6 <2 B6 8:B2H:?>6 5 6 <<2442>D?>2= 6 >D?@ 6 B72DDEB6 5 2 B:46 F6 B6 ( /6 B:7: <<25 6 8E2D6 HH2 5 6 < C:6 = 2 4?>D23:< B <2 B:<6 F2H:?>6 5 6 <<6 =?F:= 6 >D2H:?>: :> EC4:D2 5 6 <<2 = 6 B46 4?> B:76 B:= 6 >D? 2<<2 4?BB6 <2H:?>6 DB2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? :3E?>:5 B6<:6F?6 6 BC:8>:7:42D:F:DO.,*,-*-+,3 :C@?BB6 5 : E>C:6 = 24?>D23:<686 6B<2B:<6F2H:?>6 6 4<2CC:7:42H:?>6 5 6<<6 C4?BD ?>C6>D2DB2 XNX`^[' 5 : 4?BB6 <2B6 5?4E= 6>D: 5 6 >DB2D26 72DDEB6 5 2B:46F6B6C42B:49: B62H:?>: 2DD:F6 (.D:<:HH?5 : E>C:6= 24?>D23:<686:?>2<6 6B= 6 DD2 :<B277B?>D?2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6<:6F? 5 2 2BD? : 3E?>: 5 B6<:6 F? 6 <6 B68:B2H:?>: 5 : = 282HH:>? 4?>D23:<:DO _RdV[ZNXR%).,*,-*-+,3 (.D:<:HH?5 : E>C:6= 2 4?>D23:<686:?>2<6 6B= 6DD2 :<B277B?>D? 2ED?= 2D:4?? = 2>E2<6 7B2 8<:?B5 :>: 5 B6 <:6 F? 5 2 2BD? : 3E?>: 5 B6 <:6 F? 6 <6 B6 8:B2H:?>: 5 : = 6 B<2 = 6 B46 VZ P*QR\[_V`[).,*,-*-+,3 ( ) B65 :C@?C:H:?>6 4?>4256 6B:?5 :425 :E>@ B?C@ 6DD?5 :<?8?5 6<<6 = 6B4: :>45 R_).0,21'E 32')'77 2 +).0',, '+5', ).0),* 3+' 7',+ ),0+'2,0 ))?'*.,02, SN``a^N^R).,*,-*-+,3 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF65 := 6>D? 6 F6>DE2<: =?5 2<:DO 5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : 4E?5 :25 6<<2= 6B : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>: ( 67:>:H:?>6 5 B?465 EB2?@ 6B2D:F2F?<D22<<:>5 :F:5E2H:?>6 5 :D:6 B6 C@?>C23:<:DO 4?>>6CC6 2<<6 7E>H:?>: 5 : B68:B2H:?>6 :>4?>D23:<:DOC6H:?>2<6 6 :>4?>D23:<:DO86>6B2<6496 B:C@ 6DD: :<@ B:>4:@ :? 2B2H:?>6 56 <<6 7E>H:?>:.,*,-*-+,3.,*,-*-+,3 ( 67:>:H:?>6 5 B?465 EB2?@ 6 B<286:?>6 56: B:46F:= 6 >D: 5 := <:423:<6 6 :B6 : = 282HH:>: :> =?5? B2>D:B6 <2 2B2H:?>6 DB2 7E>H:?>: 5 : 4?>D23:<:DO 5 : = 282HH:>? 6 5 : 4?>D23:<:DO 86>6B2<6 <2 F6B:7:42 DB2 = 6B4: B:46FED6 6 AE2>D:DO?B5 :>2D6 <2 B:<6F2H:?>6 6 <2 DB244:23:<:DO 5 68<: C42B:49: 5 : = 282HH:>? : DB2C76B:= 6 >D: 2BD? <2 B:4?>4:<:2H:?>6 DB2 AE2>D:DO :>F6>D2B:2D6 6 F2<?B:HH2D6 :>4?>D23:<:DO TRZR^NXR) ( DD:F2H:?>6 5 :E>@ B?46CC?5 :DB244:23:<:DO56 8<:C42B:49:5 := 282HH:>?6 5 6 :DB2C76B:= 6 >D: NX.,*,-*-+,3 ^R\N^`[) ( +:4?>4:<:2H:?>6 DB2C6H:?>2<6 5 := 282HH:>?6 <:423:<6 ( /6B:7:4256 <<24?BB6DD2F2<?B:HH2H:?>6 5 6<= 282HH:>? 2<4??= 65 :?@?>5 6B2D?.,*,-*-+,3 '?>7\\XVPNOVXR ( +:4?>4:<:2H:?>6 5 6 : 36 >: :>5 B6 CC?D6 BH:.,*,-*-+,3 ( /6 B:7: <<2 6 F6 >DE2<6 >6 46 CC:DO 5 : E2= 6 >D?5 6 : C2<5 : 5 : 3:<2>4:?4?= 6 4?>C6 8E6 >H2 5 <:42H:?>6 56 B:>4:@ : 4?>D23:<:6 <:42D:F26G %8C 5: 4?BB6 H:?>6 6 B?B: 5 : E2= 6 >D??2<<:>6 2= 6 >D?5 6 8<: :>F6 >D2B: >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF65 := 6>D?6F6>DE2<: =?5 2<:DO5 : 6776DDE2H:?>6 5 6<<6 6CC6 6 B6<2D:F6 :: ?>4?B5 2B6 4?><6 H:6>5 6 C2>:D2B:6,6 B >D6 P, :>5 :42B6 <2C B<2F6B:7:42 ( 6 7:>:H:?>6 5 : B?465 EB2?@ 6B2D:F2 B6F65 2 E>25 68E2D2 2B2H:?>6 5 6 : :D: 6 5 6<<6 B6C@?>C23:<:DO >6 <<6 72C: 5 : 24AE:C:H:?>6 B:<6F2H:?>6 4?>D23:<6 F2<ED2H:?>6 65 6:>H:?>6 56 : 4B65 :D: >?>49Q5 6<<24? B6<2H:?>6 2B2B6 2568E2D2= 6>D6 :D: 6 B6C@?>C23:<:DO>6<<6 72C: 5 : 24AE:C:H:?>6B:<6F2H:?> :?>6 5 6 : 4B65 :D:6 5 6 :4? B6<2D: ^VPNbV%) ( /6B:7:425 6<<24? B6DD6HH26 56 <<2DD6>5 :3:<:DO5 6<<6 C4B:DDEB6 4?>D23:<:52@ 2BD6 5 6< B6 C@?>C23:< <:423:<6 + /,( ' %& - B?465 EB6 5 : F6B:7:42P[ZP[^QN`R% >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 6 B:?5 : : B:42F: B6 <2D:F: 2<,+ :>5 ::>D? 7:>2<:HH2D? 6 F:>4?<2D? :C4B:DD: :> 4?>D23:<:DO 4?> : F2<?B: 5 6 7:>:D: >6 <<2DD? 7?B= 2<6 5 : B:@ 2BD? B6 8:?>2<6 5 : 2CC6 8>2H:?>6 5 6 <<6 B:C?BC6 QRX <:423:<6 ( +:C4?>DB? 5 6<<6 B:CE<D2>H6 4?>D23:<: 5 6<< H:6>5 2 4?> AE6<<6 5 6 : D6 BH: :> B6<2H:?>6 B62H:?>: 496 >6 46CC:D2>? 5 : 6= :CC:?>6 5 : 72DDEB6 6 2: B:= 3?BC: 2>496 = 65 :2>D6 <:>F:? 2 AE6: E<D:= : 5 : E>2 4?>76 B= 2 C4B:DD2 5 6 <C2<5?2 4B6 5 :D?5 6 << H:6 > <:HH2B6 6B:?5 :4: DB2<6 B:CE<D2>H6 4?>D23:<: :>D6B>6 2<<2H:6>5 26 AE6<<6 B?F6>:6 >D: 5 2: QROV`[^V) ( /6B:7:425 6<<26F6>DE2<6 >646CC:DO5 :256 8E2= 6>D?5 6 : C2<5 : 5 :3:<2>4:?4?= 6 4?>C68E6>H2 5 <:42H:?>6 56 B:>4:@ :4?>D23:<:6 <:42D:F26 G %8C 5 :4?BB6 H:?>6 6 BB?B: 5 : E2= 6 >D?4?><6 4?>D23:<:DO C6 <:423:<6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>:<:= 6 B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 +62<:HH2B6 6 B:?5 : <:2= =?>D2B:5 : 4B65 :D:6 B:42F:5 6<@ 6B:?5?4? B6>D65 B >D <3:<2>4:?5 B6 F:C:?>6 ( ) B65 :C@?C:H:?>6 5 :2>2<:C:5 68<:C4?2= 6>D: 56 :4B6 5 :D:6 B:42F:4?>CE>D:F:B:C@ 6DD?28<:C6DCC: C2<5 : 5 6 <<2>>?@ B >D6 6 B:C@ 6 DD?2<3:<2>4:?5 B6 F:C:?>6 >5 :42B6,?' ( C6 <2+68:?>6 92B:49:6?B6F:C:?>: <:= B?FF6 5 := 6 >D? 6 F6 >DE2<: =?5 2<:DO 5 : DDE2H:?>6 5 6 <<6 6 CC6 6 B6 <2D:F6 :: ?>4?B5 2B6 4?><6 H:6 >5 6 C2>:D2B:6,6 B6465 6>D6 P, :>5 :42B6 6B<2F6B:7:42 ( 67:>:H:?>6 5 : B?465 EB2?@ 6 B2D:F2 B6F ?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6 =?5 :7:42B6? 6 :>8E6 B6 : 4B6 5 :D: C: ?4E= 6 >D: :5?>6 : 6 5 B:= 2 5 6<<2<?B?DB2C= :CC:?>6 B:= 25 6<<2<?B?B:<6F2H:?>6 <:423:<6 ( 6 7:>:H:?>6 5 : B?465 EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 5 6 : 4B65 6 B7:>2>H:2= 6B :>F6:= 6 >D: 496 :>5 :49: <6 =?5 2<:DO6 <6 ::496 5 : B:<6F2H:?>6 6 :5 6>D:7:49: <2 5?4E= 6>D2H:?>6 5 2?DD6>6B6@ B?5EBB6 6?2B49:F:2B6 6C56<:36 B6 B68:?>2<:6 2<DB:2DD:5 :N <:423:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : 6B 4?>DB:3ED: :> 46 C6 B4:H:? 6 B6 2H:?>: 6 B?82D6 2H:6 >D: B6 8:?>2<: GDB2B6 8:?>2<: :> 6 >C2H:?>6 496 :>5 :49: <6 =?5 2<:DO 6 <6 D6 ::496 5 : B:<6 F2H:?>6 6 :5 6 >D:7:49: <2 5?4E= 6>D2H:?>6 5 : 5 B?5 E B6 6?2B49:F:2B6 5 2D: 4?= E>:42D: 52<<2 +6 8:?>6 6 B6 <2D:F6 B:4?>4:<:2H:?>: 4?><6 := DDE2D6 <:423:<6 2B2>D:B6 496?8>:?@ 6B2H:?>6 CEC46DD:3:<6 5 :?B:8:>2B6=?5 :7:42B6?6:>8E6 B6 :4B6 5 28>2D252 6>D:4?>DB?<<2D:65 B:= 256<<2<?B?DB2C= :CC:?>6 2D6BH: 6 B:<6F2H:?>6 4?>D23:<6 ( 67:>:H:?>6 5 : B?46 5EB2 5 : 4?>DB?<<? CE<<2 B:<6F2H:?>6 56: 4B6 5 :D: 6 56 : B62H:?>: 65 2DD:F:DO 25 2<DB6 H:6>56 B68:?>2<: B68?<2D6 5 :B6DD2= 6>D6 4?> 72DDEB2H:?>6 DB2 <6 H:6> :>5 :49: <6 =?5 2<:DO 6 D6 ::496 5 : B:<6F2H:?>6 6 :56>D:7:49: <2 5?4E= 6>D2H:?>6 5 : 2?DD6>6B6@ B?5 EBB6 <:423:<6 ( 6 7:>:H:?>6 5 : B?46 5 EB2 5 : 4?>DB?<<? CE<<2 B:<6 F2H:?>6 5 6 : 4B6 5 :D: B?F6 >D: 5 2 <:36 B?76CC:?>6 B6C2 <:>DB2=?6>:2 2<<2B82D2 496 :>5 :49: <6 =?5 2<:DO 6 ::496 5 : B:<6F2H:?>6 496 :56>D:7:49: <2 5?4E= 6 >D2H:?>6 5 : 5 B?5 E B6 6? 2B49:F:2B :>:C42 6 B:?5 :4:CE<<2B6<2D:F272DDEB2H:?>6 6 :B6<2D:F:VZPN V) ( 67:>:H:?>6 5 : B?465 EB25 : 4?>DB?<<?5 6<<24? B:C@?>5 B6 B6>?D2D6 6C68E:D6 282D :>2= 6 >D?5 68<: :>42CC: 5 2D:4;6D4?><6 B:C@ 6DD:F6 AE:6D2>H = <:423:<6

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