FGHHIJKHHLMNOIPQRS
STUVWXYZZ[\T[]
FGTKHMUIVLWX
YGMZNOGI[N\X DEFGHIJEKLIGMNOPQRRQGSKTUVGWPNGEQOQLJRXGYNKLQZGJPQGZQ[IEJTQLJGKL SQ[JQT\QEG]^_`VGKUGIGPKUJNEKILGNaGEIOQGILZGbQLZQEGKLGJPQGcSVGaNO&UKLbGNL \RIO'GWNTQLGKLGPQIRJPGOIEQFGSPQGEQOQK(QZGPQEG)IOPQRNE*UGDQbEQQGaENT +RNEKZIG,bEKO&RJ&EIRGILZG-QOPILKOIRGcLK(QEUKJXG.+,-c/VGPQEG-IUJQEGNa ,[[RKQZGSNOKIRGSOKQLOQUGWKJPGIGU[QOKIRK0IJKNLGKLGPKUJNEXGaENTG+,-cVGILZ PQEGDNOJNEGNaG1PKRNUN[PXGaENTGJPQGcLK(QEUKJXGNaG-KUUKUUK[[KFG2QE EQUQIEOPG[ENYQOJVG34I'QGJPQG-N&LJIKL56G)RIO'G7NTQLGILZG2QIRJPG8IEQ KLGJPQGcLKJQZGSJIJQUG&UQUGPQIRJPGOIEQGIUGIGRQLUGJNGILIRX0QGJPQGUQRa9 ZQJQETKLIJKNLGILZGQT[NWQETQLJGUJEIJQbKQUGQT[RNXQZG\XG\RIO'GWNTQL IUGJPQXGEQYQOJQZGJPQGKLZKbLKJXGJPIJGIOONT[ILKQZGJEQIJTQLJGKLGUQbEQbIJQZ ILZGU&\[IEGTQZKOIRGaIOKRKJKQUVGZQTILZQZGIOOQUUGJNGTNZQELGPQIRJPGOIEQGKL JPQG:KTG8ENWGSN&JPVGILZGKT[RQTQLJQZGJPQKEGNWLG(KUKNLUGNaG;&IRKJXGTQZKOIRGOIEQFG4PKUGWNE'GEQJPKL'UGJPQGPKUJNEX NaGPQIRJPGOIEQGJPEN&bPGIGbQLZQEQZGILZGEIOKIRGRQLUFG34I'QGJPQG-N&LJIKL5GZEIWUGNLGNEbILK0IJKNLIRGEQONEZUGILZ UJIJQGZNO&TQLJUGJNGUPQZGRKbPJGNLGJPQGWIXUGJPIJG\RIO'GWNTQLGRKL'QZGEKbPJGNaGIOOQUUGJNGPQIRJPGOIEQGWKJP OKJK0QLUPK[G[EKNEGJNGJPQG_<=^UFGDEFGSKTUGPIUGJI&bPJGON&EUQUGNLGJPQGPKUJNEXGNaGJPQGcLKJQZGSJIJQUVGJPQGKLJQEWIE [QEKNZVGILZGJPQGPKUJNEXGNaG,aEKOILG,TQEKOILUGKLGJPQGcLKJQZGSJIJQUFGMQOQLJRXVGUPQGZQ(QRN[QZGIGON&EUQG.2>S4G]^G9 7PXG2KUJNEXG-IJJQEU6G2QIRJPG8IEQGKLGJPQGcLKJQZGSJIJQU/GWPKOPGaNO&UQUGNLGJPQGUNOKIRVGQONLNTKOVGILZG[NRKJKOIR KT[IOJGNaGPQIRJPGOIEQG[EIOJKOQUGILZG[NRKOKQUGNLGTKLNEKJKQUGKLOR&ZKLbG-Q?KOILG,TQEKOILUGILZGWNTQLGKLGJPQ cLKJQZGSJIJQUF ]N\I^ _HH`IWPNGJQIOPQUGcSGPKUJNEXGKLGJPQGZQ[IEJTQLJVGKUGIRUNGI ZQONEIJQZG@QWGANE'G1NRKOQGDQ[IEJTQLJGZQJQOJK(QGWPNGWIUGWKZQRX EQONbLK0QZGaNEGPKUGENRQGKLGJPQGB-KEIORQGNLGJPQG2&ZUNLCGEQUO&Q N[QEIJKNLFG-NEQGEQOQLJRXVGPQGPIUG\QQLGKL(NR(QZGKLGQTQEbQLOX N[QEIJKNLUGKLGJPQGWI'QGNaG2&EEKOILQG2IE(QXFG2QGWEKJQU6GCDL ,&b&UJG]=VGJPQG@QWGANE'G8KJXG@A1DE+D@AG+F-,GSQIEOPGILZ MQUO&QG4IU'G+NEOQGWIUGTN\KRK0QZGJNG4Q?IUGKLGEQU[NLUQGJNGJPQ ZQ(IUJIJKNLG\QKLbGOI&UQZG\XG2&EEKOILQG2IE(QXFG7QGWQEQGQIbQEGJN bQJGZNWLGJNGJPQGGNLQGSJIEGSJIJQGIUG;&KO'RXGIUG[NUUK\RQGJNGRQLZGI PILZFG,aJQEGIGH^9PN&EGZEK(QGUJEIKbPJGJPEN&bPGWKJPGN&EG[QEUNLLQR ILZGQ;&K[TQLJIIG_`9(QPKORQGONL(NXIWQGIEEK(QZGNLGJPQ
N&JU'KEJUGNaG2N&UJNLGKLGILGIEQIGIREQIZXGPQI(KRXGKT[IOJQZFGD(QE JPQGON&EUQGNaGJPQGLQ?JGJWNGWQQ'UVGWQG[IEJKOK[IJQZGKLG(NR&LJIEX Q(IO&IJKNLUGNaGJPNUQGKLGZKUJEQUUGILZGWQRRLQUUGOPQO'UGNaGEQUKZQLJU ILZGILKTIRUFG>LGNLQGUKJ&IJKNLVGJPQGJPEQQ9TILGJQITG>GWIUGIUUKbLQZ &JKRK0QZGILGKLaRIJI\RQG\NIJGJPIJGWIUG[IEJGNaGN&EGI[[IEIJ&UGJNGEQUO&Q IG`J9XQIEGNRZGTILGJEI[[QZGKLUKZQGPKUGJEIOJNEGKLGUWKaJGWIJQEUFG4N UIXGPQGWIUGU&E[EKUQZGJNGPQIEGN&EG@QWGANE'GIOOQLJUGWPQLGWQGbNJ JNGPKTGWN&RZG\QGILG&LZQEUJIJQTQLJFG4PQGRIUJKLbGKT[EQUUKNLG>GWKRR JI'QGaENTGJPKUGQ?[QEKQLOQ99\QXNLZGJPQGUQRaRQUULQUUGNaGTXGaQRRNW JQITGTQT\QEU99WIUGJPQGUQLUQGNaGONT[IUUKNLGaENTGJPQG[QN[RQ WPNGRI&LOPQZGJPQKEGNWLG\NIJUGNEGZEN(QGJPQKEGNWLG[KO'&[GJE&O'U JNGJPNUQGKLGLQQZFG4PQGP&TILKJXGZKU[RIXQZGWPQLGLQKbP\NEUGPQR[QZ LQKbP\NEUGaNEGLNGNJPQEGEQIUNLGQ?OQ[JGKJGWIUGJPQGEKbPJGJPKLbGJNGZN ILZGJPQG[EKZQGJPQG[QN[RQGNaG4Q?IUGPI(QGKLGJPQKEGUJIJQGWKRRGEQTIKLGWKJPGTQGWQRRG\QXNLZGN&EGZQ[RNXTQLJFC
]_aGOIbaZGZQRK(QEQZGIG[EQUQLJIJKNLGIJGJPQGKNRZG8NIUJG,EJUG8QLJQEGKLGKEQIJG@QO'VG@QWGANE'VGILZGONLJKL&QZ EQUQIEOPGNLGJPQGOIEQQEGNaG1EKTNGGQ(KGILZGPKUJNEKOIRGTQTNEXGNaGJPQG2NRNOI&UJFG[GHHUI^ aGZO_WBUG\NN' TIL&UOEK[JGABCDEFGHIJKBLHMNEIGOBPQNMDQBRKGSBJDQBTGUEIVBPDWMXDYGHIBEDBZUGDYEGYV[\GDYXH]BRHJDWGBEIBWXHHGDYK] XDQGHBHGFEGUBUEYVB^X_KEIVGHIFGSPQGOPIKEQZGJWNG[ILQRUGIJGJPQGSNOKQJXGaNEG+EQLOPG2KUJNEKOIRGSJ&ZKQUGKLG7IUPKLbJNLV D8G.,[EKRG]^_`/VGILZGPIUG\QQLGKLUJE&TQLJIRGKLGNEbILK0KLbGIGUQEKQUGNaGQ(QLJUGIJG2NaUJEIGQLJKJRQZGC4PQGKEQIJG7IE6 ,G2&LZEQZGAQIEUGDLCG.UQQGI\N(Q/FG[N\_OIc_KdHLeGUION(QEQZGJPQGSQ[JQT\QEG]^_=G[EQUKZQLJKIRGZQ\IJQGIJG2NaUJEI cLK(QEUKJXGKLGIGUQEKQUGNaGIEJKORQUGaNEGJPQGS[ILKUPGLIJKNLIRG[EQUUVGONLOR&ZQZGIGaN&E9XQIEG@F2GJQIOPKLbGZQ(QRN[TQLJ bEILJGNLG+EKQLZUPK[GKLGPKUJNEXVGILZGWIUGKL(KJQZGJNGYNKLGILGKLJQELIJKNLIRGEQUQIEOPGJQITGWNE'KLbGNLGTQZKQ(IR QTNJKNLGILZGQ?[EQUUKNLGIJGJPQGcLK(QEUKZIZGZQGGRQKZIG.S[IKL/FG2KUG\NN'GZVGBnEIGBoEDSOBJB\VHEIYEJDBLHEDWGp qXIKENBr^JEDpBJDQBYVGBsEHYVBMtBYVGBuGDJEIIIJDWGVGWIUG[&\RKUPQZGKLGDQOQT\QEG]^_LGKLGJPQGcSGILZG:IL&IEXG]^_=GKL JPQGcHF ^ GZ_HUOIfNXLOdLZfGONT[RQJQZGIGZEIaJGNaGPQEG\NN'GTIL&UOEK[JGvGFGHBwMIGOBvExMDpBoEIIEDSGHBJDQBYVGByKKXIEMDBMt vJYEMDJKBrGWXHEY]pBJNG\QG[&\RKUPQZG\XG7FG7FG@NEJNLVGILZGWIUGaQIJ&EQZGKLGIGvMIYJKSEJBZHJ^G[NZOIUJFGSPQGPIU EQOQLJRXGZNLQGIGJEIKLKLbGaNEGJPQGFZ&OIJKNLGDQ[IEJTQLJGNaGJPQG@QWGANE'G2KUJNEKOIRGSNOKQJXGaNEGJPQKEGaNEJPONTKLb Q?PK\KJGNLGJPQGMKQJLITG7IEVGJPQGJPQTQGNaGIGO&EEQLJGHQLG)&ELUGZNO&TQLJIEXFGSPQGPIUGIRUNGWEKJJQLGIGEQ(KQWGaNE 29DK[RNGNLGJPQGJN[KOGNaGCPQIRKLbCGILZGWKRRG\QGbK(KLbGJIR'UGJPKUG+IRRGIJG@AcBUG4ITKTQLJGGK\EIEXGILZGJPQG2QWRQJJ9 7NNZTQEQGRK\EIEXGNLGJPQG[QIOQGTN(QTQLJGILZGJPQGWIEF
JZLOeGIfHXLUG[&\RKUPQZVGWKJPGSJILKURING1&bRKQUQVGI ONRRQOJKNLGNaGQUUIXUGQLJKJRQZGRMMY_JKKBJDQBYVG sMXDQJHEGIBMtBzEIYMH]G.-IEOPG]^_`/GILZGWIUGIWIEZQZ +&R\EKbPJGbEILJGKLGU[EKLbG]^_`GaNEGEQUQIEOPGNLGJPQ PKUJNEXGNaGbQLZQEVGU[NEJVGILZGUQ?&IRKJXGKLGGIJKL ,TQEKOIVGJNG\QGONLZ&OJQZGKLG,EbQLJKLIGKLG]^_JF NMQOQLJRXGUPQGPIUGUJIEJQZGON9PNUJKLbGIG[NZOIUJGOIRRQZ )&ELG>JG,RRGDNWLVGIGU[NEJUGILZGaQTKLKUJGUPNWFG>L Q[KUNZQG_JGaENTGJWNGWQQ'UGIbNGWQGKLJQE(KQWQZG:QTQRQ 2KRROGGKUJQLGJNGJPQG[NZOIUJGPQEQO
[MGONXHG_IgKfHNLXL`IP&QQLU\NENGcLKONGDKUJKLb&KUPQZ 1ENaQUUNEGNaG>JIRKILGQG>JIRKILG,TQEKOILGSJ&ZKQUVGKUGON9 QZKJNEG.WKJPG7KRRKITG:FG8NLLQRR/GNaGZVGBuMXYKGQSG zEIYMH]BMtByYJKEJDBANGHEWJDIFG 2QGWKRRG\QGTIEOPKLbGWKJPG)IELQUGQG@N\RQG8FD GQLGMKbbKNVGJPQGKEILZG-IEUPIRRGNaGJPKUGXQIE*UG@A8 8NR&T\&UGDIXG1IEIZQVGWKJPGJPQG\NN'VGUOPQZ&RQZGaNE [&\RKOIJKNLGKLGDOJN\QEG]^_`F 1ENaFG1&bRKQUQGOPIKEQZGJPQG>JIRKILG,TQEKOILGGQOJ&EQ UQEKQUVGILZGWIUGIRUNGaQIJ&EQZGKLGJPQ ZNO&TQLJIEXGrGH^EWMVGWPKOPGWIUGUPNWLGIJGJPQ 4EK\QOIG+KRTG+QUJK(IRGKLG,[EKRFG2QGWKRRG\QGJQIOPKLb IbIKLGKLG2NaUJEI*UGUJ&ZXGI\ENIZG[ENbEITGKLGMQLKOQGKL :IL&IEXG]^_JFG
2NaUJEIG KLG MQLKOQG ]^_`6G 1ENaQUUNEG 1&bRKQUQG RLKUPQUG IG [ENY QOJG G IJG TIU'9 TI'KLbG WNE'UPN[G WKJPG 2NaUJEIG UJ&ZQLJUG MN\QEJG MQLQENG .UQIJQZG WKJP bRIUUQU/VGSI(KQEGFILbGGQQGILZGMN\QEJG2QUUG.UJILZKLb/F
hGZN_IiKNjGPIUGONT[RQJQZGEQ(KUKNLUGJNGPKUG\NN'GTIL&UOEK[JVGyKKEWEYBwEFGIOBrGxpB{GJYVpBJDQBYEMKGDWGBEDBPS]^Yp Z[\][Z]\]VGIUGWQRRGIUGILGIEJKORQGQLJKJRQZG34PQGKEQIJG7IEVGFbX[JVGILZG)EKJKUPG-IEJKIRGGIWGMQONLUKZQEQZV5GJNGI[[QIE KLGZVGB^HGJYBnJHBEDBYVGBqEQQKGBPJIYOBAB\KJIVBMtBPN^EHGIB.MN&JRQZbQVG]^_J/FG4PKUGUQTQUJQEGPQGKUGJQIOPKLbG2KUJNEX `T6G4PQG-NZQELG-KZZRQGFIUJGWKJPGPKUGLQWG1QQEG4QIOPQEVGSILYIXGSKLbPVGKLGIZZKJKNLGJNG2KUJNEXG_=^6GSOEQQLKLb ,EI\UGILZG-&URKTUGKLG2KUJNEXFG2QGONLJKL&QUGJNGUQE(QGIUG8PIKEGNaG,Z(KUKLbVGUNGKaGUJ&ZQLJUGPI(QGILXG;&QUJKNLUGNE ONLOQELUGI\N&JGJPQKEGIOIZQTKOG[ENbEQUUVGJPQXGUPN&RZGaQQRGaEQQGJNGONLJIOJGPKTGIJG-IEKNFM&K0UPNaUJEIFQZ&FG ]_aOI[MGKeMGNLOQGIbIKLGONNEZKLIJQZGJPQGGNLbG>URILZGMQbKNLIRG8NLJQUJVG@IJKNLIRG2KUJNEXGDIXVGKLG-IEOPG]^_`VGILZ RQZGL&TQEN&UGaKQRZGJEK[UGaNEGPKUGUJ&ZQLJUGJNGPKUJNEKOGRILZTIE'UGNLGGNLbG>URILZFG]G\LXIkGOG.MNTILGPKUJNEX/GPIU \QQLGN\RKbQZGJNGEQJ&ELGWKJPGPKUGaITKRXGJNGPKUGLIJK(QG,&UJEIRKIVGILZGPIUGJI'QLGIG[NUKJKNLGIJGJPQGcLK(QEUKJXGNa SXZLQXVGWQGWKUPGPKTGIRRGJPQG\QUJVGILZGPN[QGJNG\QGI\RQGJNGPKEQGIbIKLGUNNLGKLGPKUGaKQRZFGlKmNIkLZGjGWGGONT[RQJQZ PQEG\NN'GTIL&UOEK[JVGoDMUKGQSGpBLMUGHpBJDQBnMNGD_IBuG^HMQXWYEFGBzGJKYVBEDBTJ^JDpBZ`]a[Z]\bVGaNEJPONTKLb WKJPG1IRbEI(QG-IOTKRRILF N+KLIRRXVG[KXGOIl_aOVGIUG1EQUKZQLJGNaGJPQG)QE'UPKEQG8NLaQEQLOQGNaG7NTQLG2KUJNEKILUVGNEbILK0QZGJPQGâ&#x20AC;¨)KbG)QE'U* .:&LQG]^_`/VGJPQGRIEbQUJGKLJQELIJKNLIRGONLaQEQLOQGNLGJPQGPKUJNEXGNaGWNTQLGILZGbQLZQEGKLGJPQGWNERZFGS&UILGEQJKEQZ KLGJPQGU&TTQEGNaG]^_`VG\&JG\&JGEQTIKLUGIOJK(QGIUGIGPKUJNEKILFGSPQGKUGO&EEQLJRXGZNKLbGEQUQIEOPGNLGJPQG1IRKUIZQU 1IE'GKLG@AGILZG@:GaNEGILG&[ONTKLbG@QWGANE'G2KUJNEKOIRGSNOKQJXGQ?PK\KJGNLGJPQGPKUJNEXGNaGJPQG2&ZUNLGMK(QEFGSPQ WN&RZGRN(QGJNG'QQ[GKLGJN&OPGWKJPGaNETQEGUJ&ZQLJUFG8NLJIOJGPQEGIJGU&UILFXNPLUPNaUJEIFQZ&
^KZZLOMI[MKeLOMX
cLOONXIJLHnOIh_ZGHLXIJNN'G[IEJGKLGEN&LZJI\RQ ZKUO&UUKNLGNLG8QLJEIRG,TQEKOILG8PKRZG-KbEILJUGKL @IUUI&G8N&LJXVGILZGUQE(QZGIUGJPQGaIOKRKJIJNEGaNE ZKUO&UUKNLUG\QJWQQLGUJ&ZQLJUGaENTG2NaUJEIGILZGJPQ JQLGPKbPGUOPNNRUGJPIJGIJJQLZQZFGC,aJQEGJPKUGQ?[QEKQLOQV >GWIUGKL(KJQZGJNGbK(QG[EQUQLJIJKNLUGNLG>TTKbEILJ
AN&JPGIJGJPQG-&UQ&TGNaGJPQG8KJXGNaG@QWGANE'GaNEGJPQ LJPGILL&IRG4QIOPKLbGSNOKIRG,OJK(KUTG8NLaQEQLOQVGILZ JPQGILL&IRGGQaJG+NE&TG8NLaQEQLOQGPQRZGIJG:NPLG:IX 8NRRQbQGNaG8EKTKLIRG:&UJKOQFGGIUJRXVGJPEN&bP QLbIbQTQLJGKLGTXGPKUJNEXGORIUUQUGILZGIGEQaQEQLOQ aENTG1ENaFGDN&\RQZIXVG>GWIUGNaaQEQZGIGU&TTQE MQUQIEOPG>LJQELUPK[GWKJPG2NaUJEI*UGS[QOKIRG8NRRQOJKNLU JNGOEQIJQGILGNLRKLQGQ?PK\KJVG4PQG1&EIG8E&0G8NRRQOJKNLV &LZQEGJPQGb&KZILOQGNaGDKEQOJNEGKQEKGSNRNTNLCFG
{GDDEIBsGKcDBqMHJKGIBdueBEIBJBtMHNGHBIYXQGDYBMtBzEIYMH] JKXNBLJ_KMBqXHEGKBdweBUVMBYGJWVGIBJYBAKtHGQBPfBrNEYVBrWVMMK EDBYVGBrMXYVBsHMDxfB
YGZHGIF ZLNZLIKUGILG&LZQEbEIZ&IJQGUQLKNEGZN&\RQGTIYNEKLbGKLG2KUJNEXGILZ SNOKIRGSJ&ZKQUGSQONLZIEXGFZ&OIJKNLFGSPQGWEKJQU6G3D(QEGJPQGU&TTQEG> [EQUQLJQZGIG[I[QEGIJGJPQG8PKRZEQLGILZGJPQGKEQIJG2&LbQEGONLaQEQLOQGPQRZGIJ P&KLLK[KIOGcLK(QEUKJXFG4PQG[I[QEVGQLJKJRQZGnMNGDBCDQGHBrWHXYED]OBqMHJK ADxEGYEGIBJDQBYVGBRGNJKGBsMQ]B{XHEDSBYVGB^HGJYByHEIVBRJNEDGVGILIRX0QZ +ITKLQ9QEIGWNE'PN&UQUGILZG)EKJKUPGUNOKIRG[NRKOXGJPEN&bPGIGaQTKLKUJ [QEU[QOJK(QFG-XGWNE'GU[QOKaKOIRRXGIZZEQUUQZGPNWGJPQGUQ?&IRGZK(KUKNLGNa U[IOQUGWKJPKLGWNE'PN&UQUGKLZKOIJQZGJPQGUJIJQ*UG[EQNOO&[IJKNLGWKJPGJPQ TNEIRG\QPI(KNEGNaG>EKUPGWNTQLFG4PQUQGZK(KUKNLUGJPQLGUQE(QZGIUGIGaNETGNa UNOKIRGU&E(QKRRILOQGILZGONLJENRGN(QEGJPQTFG>GIRUNGONLJEK\&JQZGIG\NN'GEQ(KQW NaG:NXGSILJNRNaQE*UGRMMQB\EY]6GRMXHB\GDYXHEGIBMtBRMMQ[qJgEDSBEDBvGUBhMHg aNEGJPQGuGSEMDJKBwJ_MHBuGFEGUfBqNUJGEQOQLJRXG>GPI(QG\QQLGWNE'KLbGIUGIGEQUQIEOPGIUUKUJILJGIJGIGRNOIRG8IJPNRKO TNLIUJQEXFG4PQEQGIG[EKQUJGKUGPQIZKLbGIGPKUJNEKOIRGONTTKUUKNLVGNEZQEQZG\XGJPQGMIJKOILVGJNGOILNLK0QG+EFG4PQNZNEQ +NRQXVGIGWQRR9EQU[QOJQZGaKb&EQGWKJPKLGJPQG1IUUKNLKUJGONTT&LKJXGKLG,TQEKOIFG,UGJPQGIUUKUJILJGJNGJPQGPQIZGNaGJPKU ONTTKUUKNLVG>GNEbILK0QGILZGOIJIRNb&QG(IEKN&UGIEOPK(IRGTIJQEKIRUVGIUGWQRRGIUGEQUQIEOPGIZZKJKNLIRG[EKTIEXGILZ UQONLZIEXGUN&EOQUGaNEGEQ[NEJUFG,JG2NaUJEIVG>GITGO&EEQLJRXGJPQG[QQEGJQIOPQEGaNEG1ENaFG,RILGSKLbQE*UGaKEUJGXQIE PKUJNEXGUQTKLIEGNLG@QWGANE'GILZGSRI(QEXFG hGZmIhT^ GXmNL6G4PKUG[IUJGU&TTQEG>GWIUGUQLJGJNG+NEJGHLN?VGHAGJN ,Z(ILOQZG8IT[GaNEGMD48GaNEGT]GZIXUGWKJPGEN&bPRXGL^^^GNJPQEGOIZQJUF 7QGPIZGJNGONT[RQJQGKLGT&RJK[RQGQ(QLJUGU&OPGIUGRILZGLI(KbIJKNLVGEKaRQ TIE'UTILUPK[VGILGN\UJIORQGON&EUQG\IUQZGNLGJPQGcSG,ETXG,KEG,UUI&RJ 8N&EUQVGaKEUJGIKZVGILZGTI[GEQIZKLbFG7QGIRUNGU[QLJGEN&bPRXG]^GZIXUGKL JPQGaKQRZG&UKLbGJPQG\IJJRQGJIOJKOUGILZG\IJJRQGZEKRRUGJPIJGWQGPI(QG\QQL JI&bPJGN(QEGJPQGRIUJGTGXQIEUFG4PEN&bPN&JGJPKUGJKTQGWQGWQLJGNL KLOEQIUKLbRXGRNLbGE&O'GTIEOPQUFG,aJQEGbEIZ&IJKLbGaENTG+NEJGHLN?G> JEI(QRQZG&[GJNG+NEJGDE&TVG@AGILZGWIUGIJJIOPQZGJNGJPQGL_HJPGS&[[NEJ -IKLJQLILOQG8NT[ILXVG_^JPG8NT\IJGS&UJIKLTQLJG)EKbIZQVG_^JP -N&LJIKLGDK(KUKNLGWPQEQG>G[IEJKOK[IJQZGKLGIG[ENbEITGOIRRQZG84G4 WPKOPGUJILZUGaNEG8IZQJG4ENN[GGQIZQEG4EIKLKLbVGILZGJNN'GJPQG[RIOQGNaGI 1RIJNNLGRQIZQEGKLGOPIEbQGNaGI[[EN?KTIJQRXGTLGSNRZKQEUFG>GIRUNGU&[QE(KUQZ TIKLJQLILOQGNaGTKRKJIEXG(QPKORQUFG>GUJIXQZGJPQEQGaNEGTGWQQ'UGILZGRQIELQZ PNWGJPQG,OJK(QGD&JXG,ETXGN[QEIJQZGNLGILGQ(QEXZIXG\IUKUFG 8&EEQLJRXG>GITGIGUQLKNEGILZG>GWKRRG\QGONTTKUUKNLKLbGKLGJPQG,ETXGIUGIGSQONLZGGKQ&JQLILJGKLG-IXGNaG]^_JFG4PQ UQLKNEUGIEQGO&EEQLJRXGWIKJKLbGJNGaKLZGN&JGN&EGONT[NLQLJUG.WPQJPQEGNEGLNJGWQG;&IRKaKQZGaNEG,OJK(QGD&JXVG@IJKNLIR K&IEZGNEGJPQG,ETXGMQUQE(QU/FG7QGaKLZGN&JGN&EGONT[NLQLJUGNLGSQ[JQT\QEG]^JPGILZGWQGaKLZGN&JGN&EGYN\ U[QOKIRJKQUGJPIJGWQGI[[RKQZGaNEGUNTQJKTQGKLG@N(QT\QEOG>BTGPN[KLbGJNG\QGUJIJKNLQZGKLGHNEQIGILZGJPQGYN\GJPIJG> I[[RKQZGaNEGWIUGJNG\QGILG,KEGDQaQLUQG,EJKRRQEXGDaaKOQEF ]NHHNGOIgGHH_OLGKUGO&EEQLJRXGIGUQLKNEGWKJPGIGZN&\RQGTIYNEGKLG2KUJNEXGILZ SQONLZIEXGFZ&OIJKNLVGILZGWEKJQU6G34PKUGU&TTQEVG>GPIZGJPQGN[[NEJ&LKJX JNGONLZ&OJGIEOPK(IRGEQUQIEOPGILZGOEQIJQGILGNLRKLQGQ?PK\KJGIJG2NaUJEI*U S[QOKIRG8NRRQOJKNLUGDQ[IEJTQLJGNLGIGXN&LbGWNTILGLITQZG:QILLQ
8IEJQE94&JPKRRVGWPNGRK(QZGZ&EKLbGJPQG_<T^UGKLGKIEZQLG8KJXVG@QWGANE'FG>J WIUGaIUOKLIJKLbGJNG\QGI\RQGJNGUQQGKT[NEJILJG[KQOQUGNaG:QILLQ*UG[IUJGRKaQ U&OPGIUGILGQ?JEQTQRXVGQ?JQLUK(QGUOEI[\NN'GNaG[PNJNbEI[PUVGRQJJQEUVGILZ NJPQEGTKUOQRRILQN&UG[KQOQUGNaGTQTNEKQUGZ&EKLbGPQEGUQLKNEGXQIEGNaGPKbP UOPNNRFG4PQGUOEI[\NN'GIRRNWQZGTQGJNGJI'QGIG[QQ'G\IO'GKLJNGPQEGJKTQ [QEKNZGILZGbRKT[UQGWPIJG:QILLQ*UGRKaQGWIUGRK'QGZ&EKLbGPQEGJKTQGIJGSJF -IEX*UVGWPQJPQEGKJGWIUGaENTGPQEGOIEQaEQQGTNTQLJUGNaGU[QLZKLbGJKTQ WKJPGPQEGaEKQLZUG[RIXKLbGIGU[NEJGNEGZILOKLbGKLGJPQGbEIUUVGIJJQLZKLb UOPNNRGaKQRZGJEK[UGU&OPGU'KKLbGIJGS'XJN[GKLG1QLLUXR(ILKIVGNEGQ(QLG[IEJKOK[IJKLbGKLGWIJQEGU[NEJGIOJK(KJKQUGIJG8IT[ -NUUGGI'QGRNOIJQZGKLG&[UJIJQG@QWGANE'FG,RJPN&bPGJPQGEQUQIEOPGEQ;&KEQZGJNGOEQIJQGJPQGQ?PK\KJGJNN'G&[GJNGaN&E TNLJPUVG>GWN&RZGLNJGPI(QGWILJQZGJPQGaKLIRGEQU&RJUGJNGONTQGN&JGILXGNJPQEGWIXGILZG>GWIUGQ?JEQTQRXG[EK(KRQbQZGJN PI(QGPIZGJPQGN[[NEJ&LKJXGJNGOEQIJQGIGUTIRRG[EQUQLJIJKNLGNaGWPIJG:QILLQ*UGRKaQGI[[QIEQZGJNG\QFG7NE'KLbGWKJP IEOPK(QUGPIUG\QONTQGILGKLJQEQUJKLbG[IUJKTQGaNEGTQVGILZG>GOILLNJGWIKJGJNGUJIEJGTXGLQ?JG[ENYQOJGKLGRIJQGSQ[JQT\QEO VGMGXaGIiGooGjj_IKUGIGUQLKNEG2KUJNEXGILZG1NRKJKOIR SOKQLOQGTIYNEGWKJPGTKLNEUGKLGS&UJIKLI\KRKJXGSJ&ZKQU ILZGKRN\IRGSJ&ZKQUFGSPQGKUGbEIZ&IJKLbGJPKUGDQOQT\QE ILZGRNN'KLbGaNEWIEZGJNGbNKLbG\IO'GPNTQGJNG4Q?IUF @IJIUPIGU[QLJGPQEGU&TTQEGWNE'KLbGWKJPG+7DF&UVGI LNL[ENaKJG\K9[IEJKUILGIZ(NOIOXGNEbILK0IJKNLGaN&LZQZ \XGRQIZQEUGKLGJPQGJQOPGONTT&LKJXGWNE'KLbGaNE ONT[EQPQLUK(QGKTTKbEIJKNLGEQaNETFG,JG+7DF&UV @IJIUPIGWNE'QZGWKJPGONIRKJKNLUVGKLZ&UJEXGRQIZQEUVGILZ UJI'QPNRZQEUGKLGJPQGKTTKbEILJGONTT&LKJXGJNGRN\\X TQT\QEUGNaG8NLbEQUUGaNEGLIJKNLWKZQGKTTKbEIJKNL EQaNETFG4PKUGUQTQUJQEGUPQGKUGUJIEJKLbGIG[NUKJKNLGWKJP JPQG@QWG,TQEKOILGGQIZQEUG1ENYQOJVGIGLNL[ENaKJ NEbILK0IJKNLGWNE'KLbGaNEGIGTNEQGKLOR&UK(QGZQTNOEIOX \XG[EQ[IEKLbGKTTKbEILJUGILZGaKEUJGILZGUQONLZ bQLQEIJKNLG,TQEKOILUGJNGE&LGaNEGNaaKOQF
p_HGI[_HNXGWEKJQU6GCDLG:&RXG`JPVG]^_`G>GPIZGJPQG[EK(KRQbQ NaGWKJLQUUKLbGIGPKUJNEKOIRGQ(QLJGaNEGJPQG[QIOQ TN(QTQLJFG,UGMKOQG1EQUKZQLJGNaG1QIOQG,OJKNL -IJJQEUG.1,-/GIJG2NaUJEIGcLK(QEUKJXVG>GPIZGJPQ N[[NEJ&LKJXGJNGIJJQLZGJPQGcLKJQZG@IJKNLUG8NLaQEQLOQ JNG@QbNJKIJQGIGGQbIRRXG)KLZKLbG>LUJE&TQLJGJNG1ENPK\KJ @&ORQIEG7QI[NLUFG1QIOQG,OJKNLG-IJJQEUGKUGIGUJ&ZQLJ OPI[JQEGNaG1QIOQG,OJKNLG@QWGANE'GSJIJQGILZGJPQXGWQEQ bQLQEN&UGQLN&bPGJNGQ?JQLZGJPQGKL(KJIJKNLGJN [EQUKZQLJUGILZG(KOQG[EQUKZQLJUGNaGJPQKEGUJ&ZQLJ OPI[JQEUFG7QGUQQ'GJNGLNJGNLRXGQZ&OIJQGUJ&ZQLJUGNL KUU&QUGEQRIJQZGJNG1QIOQGILZG7IEVG\&JGJNGNEbILK0Q UJ&ZQLJUGILZG[EN(KZQGN[[NEJ&LKJKQUGJNG\QONTQ OK(KOIRRXGQLbIbQZGNLGOIT[&UGILZGKLGJPQKE ONTT&LKJKQUFG4PQEQaNEQVG>GWIUGQOUJIJKOGJNG\QGIG[IEJGNa JPKUGKLOEQZK\RQGONLaQEQLOQGWPNUQGIKTGWIUGJNGQUJI\RKUP [QIOQGNLGILGKLJQELIJKNLIRGRQ(QRFC CN+NEGJPEQQGWQQ'UVG_]HGUJIJQUGLQbNJKIJQZGIGJEQIJXGJPIJGWN&RZG\EKLbGJNGRKbPJGJPQGOIJIUJEN[PKOGP&TILKJIEKIL ONLUQ;&QLOQUGNaGL&ORQIEGWQI[NLUGILZGL&ORQIEGWQI[NLUGJQUJKLbFG4PQGJEQIJXG[IUUQZGWKJPGILGN(QEWPQRTKLbG(NJQGNa _]]9_GWKJPGNLQGI\UJQLJKNLVGJPQGENNTG\&EUJGKLJNGIGOQRQ\EIJNEXGORI[FG@&ORQIEGWQI[NLUGWQEQGZQORIEQZGKRRQbIRGNLGIL KLJQELIJKNLIRGUJIbQVGUNTQJPKLbGJPIJG>GZKZGLNJG'LNWG>GWN&RZG\QGI\RQGJNGWKJLQUUGKLGTXGRKaQJKTQFG4PKUGON&RZGLNJGPI(Q \QQLGZNLQGWKJPN&JGJPQGKLU[KEKLbGPIEZGWNE'GNaGI\NRKJKNLGIOJK(KUJUGILZGJPQGTIEbKLIRK0QZGONTT&LKJKQUGJPIJGU[N'Q N&JGILZGUPIEQZGJPQKEGQ?[QEKQLOQUGZ&EKLbGJPQGLQbNJKIJKNLUFG>GPIZGJPQG&JTNUJG[RQIU&EQGNaGTQQJKLbGWKJPG2K\I'&UPIV U&E(K(KLbG(KOJKTUGNaGJPQGcFSFG_<HLG\NT\KLbUGKLG2KENUPKTIGILZG@IbIUI'KGIRNLbGWKJPGNJPQEGI\NRKJKNLGIOJK(KUJU aENTGIOENUUGJPQGbRN\QFGHI0I'PUJILVGSWKJ0QERILZVGJPQG@QJPQERILZUVGJPQGcLKJQZGHKLbZNTVGILZG>EILGWQEQGNLRXGI aQWGNaGJPQGON&LJEKQUGJPIJGWQEQGEQ[EQUQLJQZG\XGKLZK(KZ&IRUGZQZKOIJQZGJNGJPQGJNJIRGQRKTKLIJKNLGNaGL&ORQIEGWQI[NLUFG> RQaJGJPQGONLaQEQLOQGaQQRKLbGQT[NWQEQZGILZGKLU[KEQZGJNGONLJKL&QGTXGWNE'GNLGOIT[&UGILZGKLGTXGONTT&LKJXF
,RJPN&bPGJPKUGJEQIJXGKUGIGJEQTQLZN&UGUJQ[GKLGJPQGEKbPJGZKEQOJKNLVGN&EGWNE'GKUGLNJGN(QEGXQJFG:NKLG1QIOQG,OJKNL -IJJQEUGIUGWQGONLJKL&QGJPQGaKbPJGJNG \ILJPQ\NT\OCG
bHK\ONIVLWXI gLMLIJGHGXqI,aJQEGbEIZ&IJKLbG2NaUJEIGcLK(QEUKJXGKLG]^^^GILZGJQIOPKLb UNOKIRGUJ&ZKQUGaNEGNLQGXQIEGKLG@NEJP[NEJVGLIJK(QGGNLbG>URILZQEG)IRIUGTN(QZ JNGJPQGDF8FG-QJENGY&UJGWQQ'UG\QaNEQG<E__FG7PKRQGJQIOPKLbGaNEG=GTNEQGXQIEU KLG,RQ?ILZEKIG8KJXVGMIVGPQGQIELQZGJWNG-IUJQEBUGZQbEQQUGILZG\QOITQGIL IZTKLKUJEIJNEVGRQIZKLbGJNGPKUGaKEUJG[EKLOK[IRUPK[GKLG]^__VGWPQEQGPQ QUJI\RKUPQZG-N&LJGMQELNLG8NTT&LKJXGSOPNNRGIUG,RQ?ILZEKIBUGaKEUJGILZ NLRXGa&RR9UOPNNRGS[ILKUPGKTTQEUKNLG[ENbEITFG4PKUG[IUJG:&RXVGPQG\QbILGPKU LQWGENRQGIUG[EKLOK[IRGNaGJPQGRIEbQUJGPKbPGUOPNNRGKLGJPQG8NTTNLWQIRJPGNa MKEbKLKIVG4F8FG7KRRKITUG2KbPGSOPNNRVGJPQGUOPNNRGTIZQGaITN&UG\XGJPQ 2NRRXWNNZGPKJGCMQTQT\QEGJPQG4KJILUCFG)IRIUGN(QEUQQUGN(QEGHV^^^GUJ&ZQLJU U[EQIZGIOENUUGJWNGOIT[&UQUVGKLOR&ZKLbGIG[IEJLQEUPK[GWKJPGJPQ >LJQELIJKNLIRG@QJWNE'GNaG1&\RKOGSOPNNRUFG2QGWIUGEQONbLK0QZGIUGIGLNTKLQQ JNGJPQG7IUPKLbJNLG1NUJBUG1EKLOK[IRGNaGJPQGAQIEG,WIEZGILZGPNLNEQZG\XGJPQ ,RQ?ILZEKIG8PIT\QEGNaG8NTTQEOQBUGH^GcLZQEGH^G,WIEZVGEQONbLK0KLb N&JUJILZKLbGONLJEK\&JKNLUGJNGJPQG8KJXGNaG,RQ?ILZEKIFG2QG(KUKJUGGNLbG>URILZ NaJQLGJNG(KUKJGaITKRXGILZGIRWIXUGTI'QUGIGUJN[GJNGbQJGUNTQG2NaUJEIGbQIEGJNGUPNWGPKUG2NaUJEIG[EKZQFGAN&GOILGaNRRNW 1QJQGNLG4WKJJQEGIJGU487[EKLOK[IR i_ZUIc_LaZNOfG.B_L/GKUGLNWG[&EU&KLbGIG[ENbEITGNaGbEIZ&IJQGUJ&ZXGIJ JPQGcLK(QEUKJXGNaG-KUUN&EKGKLGJPQG8NTT&LKOIJKNLGDQ[IEJTQLJFGcLZQE JPQGZKEQOJKNLGNaGIZ(KUNEGDEFG)QLG7IELQEVGMNEXGKUGU[QOKaKOIRRXGUJ&ZXKLb [NRKJKOIRGONTT&LKOIJKNLGWKJPGQT[PIUQUGNLG[&\RKOG[NRKOXGILZGJPQ QL(KENLTQLJFGMNEXGTKbPJGIRUNG\QONTQGILGQ?[QEJGKLGa&ELKJ&EQG\&KRZKLb IaJQEGaNEbNKLbG>HF,GaNEG2NTQGDQ[NJGJPKUGU&TTQEFG-NEQGKT[NEJILJRXV MNEXGPIUGY&UJGIZN[JQZGILGIZNEI\RQG[&[[XFG2KUGLITQGKUG,ERNGILZGPQGRN(QU KOQGOEQITGILZGJQLLKUG\IRRUFG,ERNGZNQUGLNJGRN(QGJPQGRNLbGPN&EUGMNEX U[QLZUGEQIZKLbGILZGbEIZKLbGILZGEQTKLZUGJPQTGJPIJGKJGKUGKT[NEJILJGJN JI'QG\EQI'UGJNGEQOPIEbQGILZGJNGUQQGJPQGU&LRKbPJGNLOQGKLGIGWPKRQFC [MLrLOIpLTTLXLqIsSKLOQGbEIZ&IJKLbG2NaUJEIGKLG]^_]VG>GPI(QG\QQLGIGbEIZ&IJQ UJ&ZQLJGIJG+NEZPITGcLK(QEUKJXVGaKEUJGaNEGTXG-,GZQbEQQGILZGLNWGaNEGTXG1PDF >*TGO&EEQLJRXGKLGTXGaN&EJPG1PDGXQIEGIJG+NEZPITVGWEKJKLbGIGZKUUQEJIJKNLGNL ,TQEKOILGQONLNTKOGJPQNEXGILZG[ENbEQUUK(KUTGaENTGJPQG_J`^UGJNGJPQGQIERX _<^^UFG>GPI(QGEQOQLJRXG[&\RKUPQZGJWNG[QQE9EQ(KQWQZGIEJKORQUGKLGJPQGTMXHDJKBMtBYVG ^EKQGQBASGBJDQBLHMSHGIIEFGBPHJBILZGuGKESEMDIFG>GIRUNGJQIOPGORIUUQUGNLG,TQEKOIL PKUJNEXGIJG+NEZPITGILZGKLGJPQG8c@AGUXUJQTFG@NWG>GTNUJRXGU[QLZGTXGJKTQ JQIOPKLbVGJEI(QRKLbGIEN&LZGaNEGEQUQIEOPGILZGONLaQEQLOQUGGTNUJGEQOQLJRXG> IJJQLZQZGILGKLJQRRQOJ&IRGPKUJNEXGWNE'UPN[GKLGGNLZNLGGILZGNaGON&EUQVGZNKLb [RQLJXGNaGWEKJKLbGaNEGTXGZKUUQEJIJKNLF
hGZNOGIgNO_GY&UJGUJIEJQZGPQEGUQONLZGXQIEGNaGRIWGUOPNNRGIJGJPQ cLK(QEUKJXGNaG-KOPKbILFG4PKUG[IUJGU&TTQEGUPQGWNE'QZGWKJP JPQG[NRKOXGILZGRQbIRGJQITUGIJGJPQG,8GcGNaGDEQbNLGKLG1NEJRILZF 4PQEQVG-IEKLIGIZ(NOIJQZGaNEGUQ(QEIRGU&OOQUUa&RGOEKTKLIRGY&UJKOQ EQaNETG\KRRUVGKLOR&ZKLbGKEILZG:&EXGMQONEZKLbUVG>TTKbEIJKNL 1EK(IOXVGILZGFLZG1ENaKRKLbEDQaQRNLK0IJKNLGNaGUTIRR9UOIRQGZE&b [NUUQUUKNLFG>LGIZZKJKNLVGUPQGEQUQIEOPQZGILZGZEIaJQZGIGRQJJQEGJNGI OKJXBUGRQIZQEUPK[GKLGDEQbNLGIU'KLbGaNEGJPQTGJNGONLUKZQEGJPQKE RKI\KRKJXG&LZQEGaQZQEIRGILZGUJIJQGRIWGaNEGIG[NJQLJKIRRX &LONLUJKJ&JKNLIRGNEZKLILOQGJPIJGJIEbQJUGJPQGPNTQRQUU ONTT&LKJXFG-IEKLIGWKRRGONLJKL&QGJPKUGEQUQIEOPGNLGRIWU
IaaQOJKLbGPNTQRQUUGONTT&LKJKQUGJPEN&bPN&JGJPQGON&LJEXGKLGI LQWGOI[IOKJXGIUGUPQG[EQ[IEQUGaNEGPQEG&[ONTKLbG@NJQGWKJP JPQGqEWVESJDBTMXHDJKBMtBwJUBuGtMHNGJPKUGIOIZQTKOGXQIEF N>LGIZZKJKNLGJNGPQEGYN&ELIRGEQU[NLUK\KRKJKQUVG-IEKLIGKUGIGUJ&ZQLJ IJJNELQXGaNEGJPQGDQJENKJG8NTT&LKJXGILZGFONLNTKO DQ(QRN[TQLJG8RKLKOVGJPQG>EI;KGMQa&bQQG,UUKUJILOQG1ENYQOJVGILZ JPQGSXEKILG,OON&LJI\KRKJXG1ENYQOJGNLGOIT[&UFGSPQGIRUNGUQE(QUGIU JPQGONTT&LKOIJKNLUGOPIKEGaNEG-KOPKbILBUG:QWKUPGGIWGSJ&ZQLJU ,UUNOKIJKNLFG-IEKLIGPN[QUGJNGU[QLZGPQEGLQ?JGU&TTQE KLJQELKLbGWKJPGIGaIKEGPN&UKLbGNEGUNTQGNJPQEGOK(KRGEKbPJUGEQRIJQZ [ENYQOJFGSPQGONLJKL&QUGJNG&UQGPQEGEQUQIEOPGU'KRRUGJPIJGUPQ IO;&KEQZGaENTGPQEGPKUJNEXGON&EUQUGILZGUQLKNEGJPQUKUGIJG2NaUJEI NLGIGWQQ'RXG\IUKUGIJGRIWGUOPNNRG6/
[MLoaGONLIgNXTNMLHHNI.8RIUUGNaG]^^</GONLJKL&QZGPQEGOIEQQEGIJG2NaUJEIGIaJQE bEIZ&IJKNLVGQIELKLbGPQEG-IUJQEUGKLGFZ&OIJKNLGKLG]^_^FGSPQGKUGQLJQEKLbGPQEGaKaJP XQIEGJQIOPKLbGUNOKIRGUJ&ZKQUGIJG2KO'U(KRRQG2KbPGSOPNNRF NSJQ[PILKQGKUGJPQGaN&LZKLbGJQIOPQEGNaGIGUNOKIRGUOKQLOQGEQUQIEOPG[ENbEITGIJGPQE UOPNNRGILZGONIOPQZGUJ&ZQLJUGJNGIGUQONLZG[RIOQGaKLKUPGIJGIGRNOIRGEQUQIEOP ONT[QJKJKNLGKLGJPQG[ENbEIT*UGaKEUJGXQIEFGSPQGKUGIRUNGaKLKUPKLbG&[GPQEGZNOJNEIR WNE'G.UJKRRGIJG2NaUJEIO/GKLGFZ&OIJKNLIRG1UXOPNRNbXFG>LGPQEGU[IEQGJKTQVGUPQGPQR[U E&LGIGPNTQRQUUGUPQRJQEGJPEN&bPGPQEGRNOIRGOP&EOPFG
kaLIt_uXMZGItNXM_ZUI^ HKdITQQJUGQ(QEXGNJPQEG-NLZIXUGIJGJG1-GKLGT^]GSPI[KEN +ITKRXG2IRRG.[EQ(KN&URXG'LNWLGIUGJPQG@QWG,OIZQTKOG)&KRZKLb/FG7QGZKUO&UU PKUJNEXGJPEN&bPGKLJQEIOJK(QG[EQUQLJIJKNLUGILZGbITQUVGUOEQQLGPKUJNEKOIRG.NEG[UQ&ZN9 PKUJNEKOIR/GaKRTUVGILZG&U&IRRXGPI(QGIGJPQTQZGONUJ&TQG[IEJXGIJGJPQGQLZGNaGJPQ UQTQUJQEOG7QGNOOIUKNLIRRXGbNGNLGaKQRZGJEK[UGILZGPI(QGb&QUJGU[QI'QEUGIUGIRJQELIJK(QU JNGJPQG&U&IRGaNETIJF
2KUJNEXG8R&\GZIJQUGaNEGaIRRG]^_`GIEQ6GSQ[JG]LVGDOJG<VGDOJ T^VG@N(G_TVG@N(G]`VGILZGDQOG__FG4PQTQUGWKRRG\QGJN[KOIR ILZGKLORFGZKUO&UUKNLUGNaGB8NR&T\&UGILZG>LZKbQLN&U 2KUJNEXBGIEN&LZG4PIL'UbK(KLbVGB2KUJNEXGNaGSQEKIR HKRRQEUBGIEN&LZG2IRRNWQQLVGQJOFGD&EGO&EEQLJG1EQUKZQLJ KUGDILIG,[EKbRKILNG.ZI[EKbRKILN_U[EKZQFPNaUJEIFQZ&/F MKOQG1EQUKZQLJGKUG:&RKIGK&EENRI .Yb&EENRI_U[EKZQFPNaUJEIFQZ&/VGILZGN&EG4EQIU&EQEGKU SPILLNLG1EQ(IJJG.U[EQ(IJJ_U[EKZQFPNaUJEIFQZ&/FG ^ aGNZvXIV_MLqG4PQUQGIEQGQ?OKJKLbGJKTQUGaNEGJPQG2KUJNEXGDQ[IEJTQLJVGILZGWQGPN[QGXN&GPI(QGQLYNXQZGEQIZKLbGN&E (QEXGaKEUJG2KUJNEXGDQ[IEJTQLJGLQWURQJJQE6GRQJG&UG'LNWGWPIJGXN&GJPKL'Gâ&#x20AC;ªGILZGUQLZG&UGXN&EGLQWUOG7Q*ZGIRUNGRK'Q JNGPQIEGILXGKZQIUGXN&GTIXGPI(QGaNEGLQWGON&EUQUVGKLKJKIJK(QUVGILZGN[[NEJ&LKJKQUGKLGJPQGZQ[IEJTQLJFG8NLJIOJ
IENMDfHfQMX_KGQJ]iVMtIYHJfGQX./NAN&GOILGIRUNGTIKRG&UVGWKJPGLQWUGNEGKL;&KEKQUVGIJGN&EGLQWRX9EQLITQZGNaaKOQU6 SPI[KENG+ITKRXG2IRRGT^_VG2NaUJEIGcLK(QEUKJXVG2QT[UJQIZVG@AG__LL^F STUVWXYZZ[\T[]