Revista estilo araucania n7

Scroll for more

Page 1

!"#$%&&'$()$*$(#%&+,-.+$/+$0122

!"#$%&'#(%&)*+#,-*$%&.#&/0+1%+%",%23%

4&!&&&5&6&4&7&8&9&&&8&:&9&&&:&5&;&7&<&! /+"=%.%&10+&"2%&'#>0+&5.",%,*?2&&@&&A*B%(&.#&'%CC#,0&&@&&D*,*-%,*02#(&#2&8%+E"#(&!%,*02%C#( FG#2.%&H#I",0&&@&&5I1+#2.*I*#2-0(&&&&&&52-+#$*(-%(&%J&5"G#2*0&H*+02*&&@&&D%"+#2,#&;0CK0+2#



!!"#$%&&"'"()*+,-"!!

!"#$%&#'(#)&#)*+",-"-./-'0Y8CZ$,76F49$,@5M@K7H$.[

1

0 !,&#0$&(+

1%"#/(+")23#/.(%4+)&#)*+",-"-./-'0/7468$-4:@G4:M4$,[ 1%"#//%5')6)2&%/%5')7#'#"-8 !94\@:H5@$?4@9$X[

23

!"#$!%&'#( +F64:78$N758:7= >!$9@C$54678:4C$9@C M5@M@:$;8O8$C7$AF45@: :7J8C$;D7;8CI

24

#!-(' +9$,F:H8$H4$9@C !C4C85V@C$?946@$@ P85Q@5@F;@:V@

21

&"&)&(#&%(' LF:H@;7B: !5@F;@:V!Q54:H4= P5F_@H@$Q85$F:@ ,4\85$+HF;@;7B:

52

-&$(,(' ?854:_8$P8:CM@:C= L85M@94;45$49 P@Q7M@9$38;7@9 Q@5@$:8$X45H45$9@ #Q85MF:7H@H

()#*(+&,(,

56

!"#$!%&'#( 345678$,49:7;<= >?@$;74:;7@$A7;;7B: :8$C4$D@$4EF7G8;@H8 4:$:@H@I

.0

-&$(,(' `F68$PFOC7994= 38K54$,4M@C'$P57C7C R$P@OK78C

!"+&.//%5')!#"%+&0$(%//@:749$P]5H4:@C$X[ 3M4QD@:74$,^9945$.[ 1%$#9+)6)1%-:"-;-/%5' !:H5ZC$,@5EF@5HM$([ 1%"#//%5')*+;#"/%-8 W@CMB:$,4M@R45$,[ *+8.;'%$(-$ ?854:_8$P8:CM@:C `F68$PFOC7994 +HF@5H8$S947: <+(+:"-=0W@CMB:$P@997J75$3[ X58@5@F;@:7@[;9 ?F7C$.8H5V6F4_$P[ !5;D7G8$P85Q@5@F;@:V@ !5;D7G8C$Q45C8:@94C$H4$/@:749$P]5H4:@C' P#(!L'$N&/+$!658'$+5:@$-49M5]:' `F68$PFOC7994'$+HF@5H8$S947:

!-.$!",&-&!"#0' W48K8CEF4C= ,75@H@$%45H4

5.

?7;7M@;78:4C$4: .4C45G@C$R$X@5EF4C (@;78:@94C

.2

()#*(+&,(, %7J@C$H4$,@994;8= +9$%7:8$;8:$3@K85 @$3F5

>;,"#$%5' &OQ54:M@$!FCM5@9 ?#,"#$#'(-'(#)@#:-8 Y8CZ$,76F49$,@5M@K7H$.[

./

4. +CM@$4C$F:@$QFK97;@;7B: H4$Q58Q74H@H$H4$P85Q@5@F;@:V@

&"&)&(#&%(' L85M@94;74:H8$N4OF;8 ;8O8$P@Q7M@9$H4$9@ PF9MF5@$R$49 P8:8;7O74:M8

-&$(,(' +HF@5H8$S947:= +9$P8:G4:78$2TU 4:$?@$!5@F;@:V@

43

44

!"1.0$#(,( (F4G@$,4C@$/754;M7G@ H4$P85Q@5@F;@:V@= n:$+EF7Q8$X58$.467B:

.!$/&+!' ?@F54:;4$W89K85:4= 345$X54C7H4:M4$:8$D@ +CM@H8$4:$O7C$X9@:4C

!J8$%&&'$(a*$b$(8G74OK54$H4$0122 #c`7667:C$d*1$b$N4OF;8 N49ZA8:8C=$efTgdfh$*i2dif *i2diT$j$L@k=$efTgdfh$*i2did lll[;85Q@5@F;@:7@[;9 7:A8m;85Q@5@F;@:7@[;9

.


!!"()*+,-"!!

41

!"#$!%&'#( P9@FH78$%4:46@C= >n:8$H4$;@H@$8;D8$@9FO:8C 49764$&:@;@QI

47

!-.$!",&-&!"#0' N&/+$!658= 3FO@:H8$N4;:8986V@ @$9@$W4CM7B:$!65V;89@

02

#!-(' ?7;48$&:M45;F9MF5@9$NZ;:7;8 X58A4C78:@9$WF@;89H@= L85M@94;74:H8$9@ &H4:M7H@H$,@QF;D4

04

&"&)&(#&%(' X@5EF4$&:HFCM57@9$R N4;:89B67;8$H4$?@$!5@F;@:V@= W4:45@:H8$O]C$!M5@;;7B:$H4 &:G45C78:4C

!-.$!",&-&!"#0' P454_@C$&:@9@A= +9$+k7M8C8$P@C8$H4$F: ,@QF;D4$&::8G@H85

/3

06

/4

/7

($(*)("2(1!"1!+1-*",0 38;74H@H$P8O45;7@9$WFMC@9$?MH@= PF458C$H4$+kQ85M@;7B:

&"&)&(#&%(' +:49@$0122= p!5@F;@:V@' %@O8C$EF4$C4$XF4H4q

11

/1

1.

16 -&')!+3"!0'

63

62 -&')!+3"!0'

4

.!$/&+!' `@589H$,@R:4g(7;D899C= >,7$O@R85$98658$4C$D@K4594 H@H8$@9$Q@VC$F:$CF4J8I

($(*)("2(1!"1!+1-*",0 X58;4C8C$(@MF5@94C$%79<F:$3[$!= &::8G@:H8$;8:$L5FM@C /4CD7H5@M@H@C

-0-!"#0' +:49@$0122

-0-!"#0' ?@:_@O74:M8$H4 >!64:H@$N4OF;8' PF9MF5@$o$P8:8;7O74:M8I

-0-!"#0' N@9945$!5@F;@:V@ R$XF:M8


-*+$89+%:

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n:$;@O7:8$H4$@C8;7@M7G7H@H$EF4$@$98$9@568$H4$4CM8C$O]C$H4$H74_$@J8C$D@ H4\@H8$H7G45C8C$A5FM8C$R$4:$49$;F@9$4CM@$:F4G@$H754;M7G@$Q54M4:H4$;8:M7:F@5'$7:G7M@:H8$@r: O]C$Q45C8:@C$@$CFO@5C4$@$4CM4$M5@K@\8$;8:\F:M8[ sF454O8C$ EF4$ :F4CM5@$ P85Q85@;7B:$ ;8:M7:r4$ ;8:CM7MFR4:H8$ 9@$ >O4C@$ H4$ M8H8CI' Q9F5@97CM@'$7:H4Q4:H74:M4$R$H7G45C@'$H8:H4$C4$4:;F4:M54$F:$4EF7Q8$5467B:$EF4$KFCEF4 ;8:;54M@5$Q58R4;M8C$H4$@9M8$7OQ@;M8'$;8:$F:@$O75@H@$H4$9@568$Q9@_8$EF4$M5@C;74:H@$@9$HV@ @$HV@[$P544O8C$EF4$C7$M8H8C$@Q85M@O8C$4:$@96r:$O8H8$@9$H4C@558998$H4$9@$5467B:'$Q8H54O8C 6@M799@5$9@C$C89F;78:4C$H79@M@H@O4:M4$4CQ45@H@C$Q85$9@$;8OF:7H@H[ P85Q@5@F;@:V@$R@$D@$H@H8$@96F:8C$Q@C8C$4:$4CM4$C4:M7H8'$@$M5@GZC$H4$7:CM@:;7@C$;8O8 n:$!9M8$4:$49$P@O7:8$R$49$N@9945$!5@F;@:V@$R$XF:M8'$H8:H4$H7A454:M4C$Q45C8:@97H@H4C O@:7A4CM@58:$CF$H7CQ8C7;7B:$@$M5@K@\@5$F:7H@C$4:$K4:4A7;78$H4$9@$5467B:$4:$4k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r:$e%79<F:[;9h'$49$4CAF45_8$H4$F:@$A@O797@$4:$9@ 4kQ85M@;7B:$H4$;F458C$8$49$4k7M8C8$;@C8$H4$F:$4CM@K94;7O74:M8$H4$4HF;@;7B:$7:M45;F9MF5@9[ +CM@C$4kQ4574:;7@C$:8C$OF4CM5@:$EF4$9@$Q45C4G45@:;7@$H4$EF74:4C$D@:$M5@K@\@H8$4: 499@C'$4C$F:@$H4$9@C$;9@G4C$H4$9@$8KM4:;7B:$H4$54CF9M@H8C[$P8O8$5467B:$:8$Q8H4O8C$4CQ45@5 EF4$9@C$C89F;78:4C$C4$64:454:$AF45@$H4$:F4CM5@C$A58:M45@C'$@9$;8:M5@578'$C@K4O8C$EF4$49 ;4:M5@97CO8$:8C$Q@C@5]$9@$;F4:M@$e+F64:78$N758:7$R$345678$,49:7;<$D@K9@:$C8K54$4CM8$4: 4CM@$4H7;7B:h'$R$4C$:4;4C@578$EF4$Q45C4G454O8C$4:$49$8K\4M7G8$H4$H4C4:;@H4:@5$98C$;@OK78C H4CH4$H4:M58'$:8C8M58C$O7CO8C[ !5M7;F9@5$@$98C$H7G45C8C$@;M854C$H49$H4C@558998$54678:@9'$4C$4:$4C4:;7@$49$Q57:;7Q@9$@M57KFM8 H4$P85Q@5@F;@:V@'$CF$64:F7:@$7H4:M7H@H[$37:$4OK@568'$4C$;9@58$EF4$9@$M@54@$H4$F:75$98C H7CM7:M8C$OF:H8C$EF4$;8:A76F5@:$:F4CM5@$C8;74H@H'$4C$7OQ8C7K94$C7:$9@$4:M546@$R$@;;78:@5 H4$M8H8C$98C$@;M854C[$?@$!5@F;@:V@$QF4H4$O@5;@5$9@$H7A454:;7@'$F:7H8C$Q8H4O8C$;8:C46F7598[ Y8CZ$,76F49$,@5M@K7H X54C7H4:M4 P85Q@5@F;@:V@

0



7#+G+$H.#$I

'*+%.%&A#+.# '#.*%2-#&,L%+C%(&#2&,0C#G*0(M&%(#(0+3%(&N0+#(-%C#(M&,0I#+,*%C*=%,*?2&O&.#(%++0CC0&.#&1+0.",-0(&.#&I%.#+% 1#2(%.0(&.#(.#&C%&("(-#2-%K*C*.%.&.#C&I#.*0&%IK*#2-#M&;#0K0(E"#(&1C%2#%&*+&*I102*#2.0&"2&#(-*C0 #I1+#(%+*%C&IP(&#,0C?G*,0M&E"#&#(1#+%2&(#&,02-%G*#&%&IP(&#I1+#(%(M&,02(,*#2-#(&.#C&+"IK0&E"#&L% -0I%.0&#C&I"2.0&#2&I%-#+*%&.#&.%B0&%IK*#2-%CQ


-;<=>?@A;A>?BCD

!"#$%&'(&'$&)%*&+'&,-'.'&)/0'1&/$2%&,%1&'$&3-4-1%&.'&(-'+41%&,$/('4/56 789'1/(2'$%&:-12'$96&+%09%&.'&;'%<%+=-'+>? `@;4$@954H4H85$H4$H8C$@J8C'$F:@$7H4@ ;8O4:_B$@$58:H@5$4:$9@$;@K4_@$H4$;F@M58 4OQ54:H4H854C=$,@578$!H57@C89@'$X@O49@ 3@9@_@5'$ X745@:6498$ LF96457$ R$ t8G@::@ ?48:4997[$34$M5@M@K@$H4$4OQ54:H45$;8:$@968 EF4'$ @H4O]C$ H4$ 64:45@5$ 7:654C8C' AF:H@O4:M@9O4:M4$ ;8:M4OQ9@5@$ 9@ 54CQ8:C@K797H@H$C8;7@9[$/4$4CM4$O8H8$:@;4 38;74H@H$L854CM@9$R$P8O45;7@9$W48K8CEF4C[

@;;78:4C$4CM]$49$546@9@5$]5K894C'$@968$EF4 Q54M4:H4:$ C4$ ;8:M@674$ @$ 9@C$ H4O]C 4OQ54C@C[$ >+k7CM4$ 9@$ Q8C7K797H@H$ H4$ EF4 4OQ54:H7O74:M8C$ ;8O8$ 98C$ :F4CM58C$ C4 M5@:CA85O4:$ 4:$ ;8OQ4M7M7G8C$ 4;8:BO7g ;@O4:M4'$R$C7$C8O8C$;8OQ4M7M7G8C$QF4H4 EF4$9@C$8M5@C$4OQ54C@C$C4$G4@:$8K976@H@C @$;@OK7@5$R$@$M8O@5$4:$;F4:M@$F:@$Q8CMF5@ H4$54CQ4M8$D@;7@$98C$M4O@C$@OK74:M@94CI' 4kQ54C@'$R@$EF4$@F:EF4$54;8:8;4$EF4$4CM@ ;8:;74:;7@$4C$F:@$M4:H4:;7@$OF:H7@9$4:$98C r9M7O8C$ M74OQ8C'$ H4K4$ C45$ Q85$ F:@ Q548;FQ@;7B:$54@9$R$:8$CB98$Q85$O4\85@5$9@ 7O@64:$H4$9@$4OQ54C@[

34$ M5@M@$ H4$ F:@$ A854CM@9$ EF4$ Q9@:M@ ]5K894C'$ ;8O45;7@97_@$ O@H45@$ R$ CFK Q58HF;M8C$H4$499@'$Q54CM@$@C4C85V@C$A854CM@94C R$ EF4$ @H4O]C$ 54@97_@$ ;D@59@C$ @$ 4CM@K94g ;7O74:M8C$4HF;@;78:@94C[$+CM8$;8:$49$A7:$H4 ;8:;74:M7_@5$@$98C$:7J8C$R$\BG4:4C$C8K54$9@ 7OQ85M@:;7@$H49$H4C@558998$CFCM4:M@K94$H4 98C$ K8CEF4C$ R$ 49$ ;F7H@H8$ 4;89B67;8[$ +: 4A4;M8'$98$Q57O458$EF4$CF567B$AF4$49$P4:M58 +;84HF;@M7G8$W48K8CEF4C'$EF4$C4$H4H7;@ @$H7;M@5$;D@59@C$4:$98C$;894678C$@$M5@GZC$H49 X58A4C85$P57CM7@:$N8554C'$EF74:$4C$Q@5M4$H49 4EF7Q8$H4$9@$4OQ54C@'$4CQ4;7@97CM@$4:$@9M@ O8:M@J@$R$4kQ45M8$4:$O@M457@$H4$K8CEF4 :@M7G8$H4$:F4CM5@$5467B:[ +CM@C$;D@59@C$D@K9@:$H49$4;8C7CM4O@$H4 9@$5467B:'$H49$;@OK78$;97O]M7;8$R$H4$;BO8 54;7;9@5u$M@OK7Z:$546@9@:$]5K894C$4:M54$98C @9FO:8C[$ >!K85H@O8C$ M4O]M7;@C$ EF4 OF;D@C$G4;4C$:8$C8:$Q@5M4$H49$;F557;F9FO H4$ 98C$ ;894678C'$ 8$ 4:M546@O8C$ ;8:8;7g O74:M8C$EF4$4998C$:8$M74:4:$@9$54CQ4;M8I' C4J@9@$,@578$!H57@C89@'$W454:M4$P8O45;7@9 R$C8;78$H4$9@$4OQ54C@'$@6546@:H8$EF4$>;8: 98C$:7J8C$C4$QF4H4$D@;45$M5@K@\8$@$9@568 Q9@_8$ R$ 4CQ45@O8C$ EF4$ 4998C$ :8$ C4 ;8OQ85M4:$;8O8$98$D7;7O8C$:8C8M58Cu$EF4 ;8:CM5FR@:$F:$OF:H8$O4\85I[ ?@$7:7;7@M7G@$54CQ8:H4$@9$94O@$EF4$4CM@ 4OQ54C@$M74:4$;8O8$4CM@:H@5M4=$+9$O@:4\8 CFCM4:M@K94$H4$98C$]5K894C[$+C$EF4$;F@:H8 ;54@58:$49$P@5KB:$W48K8CEF4C'$F:8$H4$CFC Q58HF;M8C$O]C$G4:H7H8C'$C4$H7458:$;F4:M@ EF4$ :8$ 4k7CM4$ :7:6F:@$ :85O@M7G@$ :7 ;45M7A7;@;7B:$A54:M4$@9$;@5KB:[$>LF7O8C$@ G45$@9$/4Q@5M@O4:M8$H4$,4H78$!OK74:M4 H4$9@$,F:7;7Q@97H@H'$@9$&:CM7MFM8$H49$,4H78 !OK74:M4$H4$9@$nA58$R$@$P85A8$Q@5@$@G4576F@5 H49$M4O@'$R$:8C$H7O8C$;F4:M@$EF4$D@R$G@;V8C 946@94C$R$EF4$D@R$EF4$M8O@5$;@5M@C$Q@5@ EF4$C4$A7C;@97;4$4CM4$Q58HF;M8I'$4:A@M7_@[ !H4O]C$H4$4CM4$;@5KB:$54;7;9@H8'$EF4 4O7M4$O4:8C$;@:M7H@H$H4$P80'$W48K8CEF4C D@$ 7H8$ H4C@55899@:H8$ F:@$ 6@O@$ H4 Q58HF;M8C$;8O8$@CM799@C'$Q@:;D8C$H4$@C@H8 R$8M58C$Q5Bk7O8C$@$:@;45'$;8O8$O@M457@94C

6

X85$8M58$9@H8'$H4:M58$H4$98C$C45G7;78C 4CM]:$9@C$@C4C85V@C'$R$W48K8CEF4C$D@$7H8 @Q8R@:H8$@$4OQ54C@578C$O]C$Q4EF4J8C Q@5@$EF4$;8:8_;@:$49$O@:4\8$CFCM4:M@K94' 6F7]:H898C$@$EF4$QF4H@:$4:M5@5$@9$O45;@H8[ +CM4$M5@K@\8$94C$D@$64:45@H8$7:;9FC8$F:@ A@O@$EF4$M5@CQ@C@$9@C$A58:M45@C$H49$Q@VC'$R@ EF4$AF458:$7:G7M@H8C$4CM4$0122$@$-F4:8C !754C'$ !564:M7:@'$ @9$ P8:654C8$ ?@M7:8g @O457;@:8$H4$P8OF:7;@;7B:$R$/7C4J8$H4$9@ n:7G45C7H@H$ H4$ X@945O8'$ H8:H4$ 54Q54g C4:M@58:$@$PD794$;8O8$F:@$>4OQ54C@$H49 AFMF58I$4:$49$Q@:49$v/7C4J8'$,4H78@OK74:M4 R$+;8986V@v[

4C;89@54C'$94J@$;45M7A7;@H@$gQ458$@$F:$Q54;78 OF;D8$O]C$@C4EF7K94$H4$98$EF4$8A54;4$49 O45;@H8$@;MF@9O4:M4g'$C@;8C$H4$H85O75' ;@5Q@C'$@H4O]C$H4$9@C$;D@EF4M@C$EF4$4998C O7CO8C$FC@:$R$EF4$D@:$6FCM@H8$M@:M8$4:M54 CFC$;974:M4C[$N@OK7Z:$54@97_@:$4:;F4:M58C ;8:$O@;D7C$H4$9@$_8:@'$;8:$49$A7:$H4$M4:45 F:@$G7C7B:$@r:$O]C$7:M465@9$H49$;F7H@H8$H4 98C$K8CEF4C'$>R@$EF4$9@$:@MF5@94_@$C4$QF4H4 ;F7H@5$H4CH4$OF;D@C$Q45CQ4;M7G@C$R$M74:4 EF4$D@K45$F:$H7]9868$4:M54$M8H@CI'$;F4:M@ 49$4OQ54C@578[

:5/9!9/7'75!H9 !F/79!FD&5&7!H5:!F/79!FD 37$K74:$4C$;745M8$W48K8CEF4C$4C$F:@ 4OQ54C@$A854CM@9'$C46r:$!H57@C89@$ZCM@$C4 H7A454:;7@$H4$9@C$H4O]C$Q85EF4$4:M54$CFC

+:$0122$M@OK7Z:$Q@5M7;7Q@:$4:$F:8$H4 98C$4G4:M8C$H4$L75CM$NF4CH@R$PD794$g54H$698K@9 EF4$;8:4;M@$4OQ54:H4H854C'$7:G45C78:7CM@C' ;974:M4C$ R$ Q58G44H854Cg[$ ?8$ @:M45785 H4OF4CM5@$EF4$4:$Q8;8$M74OQ8$D@:$M4:7H8 K@CM@:M4$Zk7M8'$R@$EF4$@;MF@9O4:M4$;F4:M@: ;8:$54;8:8;7H@C$O@5;@C$:@;78:@94C$H4:M58 H4$CF$97CM@$H4$;974:M4C'$@H4O]C$H4$:468;78C O]C$ Q4EF4J8C$ H4CH4$ P8:;4Q;7B:$ D@CM@ XF45M8$,8:MM[ X85$@D85@'$F:@$H4$CFC$O4M@C$@$;85M8 Q9@_8$ 4C$ EF4$ C4$ 64:454$ F:@$ ;8:;74:;7@ 4;89B67;@$4:M54$98C$;894678C$EF4$D@:$G7C7M@H8 R$EF4$QF4H@:$@5M7;F9@5C4$;8:$F:@$O4M@$4: ;8Or:[$ !C7O7CO8'$ Q9@:4@:$ D@;45$ H4 N4OF;8$ F:@$ ;7FH@H$ ;8:$ 4G4:M8C$ ;8O8 A74CM@C$H49$O4H78$@OK74:M4'$O@5@M8:4C$R 4kQ8C7;78:4C$;8:$O]C$4OQ54C@C$H49$M7Q8[ +:$49$Q9@:8$4OQ54C@57@9'$4CQ45@:$C46F75 ;54;74:H8$R$C45$54:M@K94C'$Q458$C74OQ54 M8O@:H8$4:$;F4:M@$9@$O7C7B:$4HF;@M7G@'$R@ EF4$ ;8O8$ @C46F5@$ F:8$ H4$ 98C$ C8;78C AF:H@H854C'$X745@:6498$LF56497'$>CB98$4:$49 D8R$C4$QF4H4$D@;45$@968$Q85$49$AFMF58$H4 :F4CM58$Q9@:4M@I[




-?B=>EADBF

@-2'(9%&A91%(9B

JE)8-$)"#:%+'#$

8-$)("-(-')/+;+)$%)=.#"-')2*B0(&,L*,0(K /02-+0$#+(*%C&O&!"#$%&'(!$&#$')$'&#*+)&#(&#C&R0,*?C0G0M&/02("C-0+&80C3-*,0&O&5I1+#(%+*%CM&5"G#2*0&H*+02*Q 52&#(-%&#2-+#$*(-%&#S102#&("&$*(*?2&.#&C%&10C3-*,%&%,-"%CM&"2%&E"#&(#GT2&UC&.#K#&.#(1#*2%+(#&O&+#>"$#2#,#+(#V O&L%KC%&(0K+#&C%&.#(,#2-+%C*=%,*?2&.#C&10.#+&O&C0(&,%I*20(&E"#&.#K#&-0I%+&D%&F+%",%23%&1%+%&.%+&"2&(%C-0 L%,*%&#C&.#(%++0CC0Q N758:7$4C$F:$4kQ45M8$@$9@$D85@$H4$@9_@5 9@$G8_$A54:M4$@$98C$Q58K94O@C$H4$9@$Q89VM7;@ :@;78:@9'$H4$D4;D8$49$@J8$Q@C@H8$QFK97;B >.@H7865@AV@$ H4$ F:@$ /4558M@I'$ 97K58$ EF4 @:@97_@$ 9@$ ;@VH@$ H4$ +HF@5H8$ L547$ 4:$ 9@C r9M7O@C$494;;78:4C$Q54C7H4:;7@94C'$H8:H4 AF4$@C4C85$D@CM@$8;MFK54$H49$011U[[[[[[[[[[ /4CH4$CF$;8:CF9M85@$N758:7$R$!C8;7@H8C M@OK7Z:$@C4C85@$@$4OQ54C@C'$4C$Q85$4C8 EF4$C@K4$H49$AF:;78:@O74:M8$H4$499@C$R$H4 9@$5494G@:;7@$EF4$M74:4:$4:$49$H4G4:75$H4 F:$ Q@VC[$ >?@C$ 4OQ54C@C$ H4K4:$ H4C;4:g M5@97_@5C4I'$ @C46F5@[$ t$ 4CM4$ 99@O@H8$ @$ 9@ H4C;4:M5@97_@;7B:$ :8$ 98$ @H\FH7;@$ CB98$ @9 OF:H8$4OQ54C@57@9'$C7:8$EF4$@K@5;@$F: :7G49$OF;D8$O]C$@OQ978'$R@$EF4$C46r:$Z9 @$ 9@C$ 54678:4C$ C4$ 9@C$ C76F4$ M4:74:H8 89G7H@H@C'$>M5@M]:H89@C$;8O8$C7$AF45@:$:7J8C ;D7;8CI'$H7;4[ !H4O]C$ Q8CMF9@$ 49$ H4C;5ZH7M8$ H4$ 9@ ;7FH@H@:V@$ D@;7@$ 49$ OF:H8$ ;74:MVA7;8$ R MZ;:7;8'$F:@$;7FH@H@:V@$H7A454:M4$@$9@$H4 F:8C$@J8C$@M5]C'$;8:$O]C$H4C;8:A7@:_@$D@;7@ CFC$@FM857H@H4Cu$F:@$EF4$4CM]$;@H@$G4_$O]C 4OQ8H45@H@$R$EF4$EF7454$C45$Q@5MV;7Q4$@$9@ D85@$H4$@9;@:_@5$;@OK78C$4:$49$Q@VC$4:$49 EF4$94C$M8;B$G7G75[

5D&/W7D5&XQY Z6"U&L%&,%IK*%.0&#2&C%&(0,*#.%. ,L*C#2%&1%+%&E"#&C%&,*".%.%23%&#(-U&IP( #I10.#+%.%[&R#&+#NC#>%&#2&C%(&+#.#( (0,*%C#(&O&#2&I%2*N#(-%,*02#( ,*".%.%2%(\ P548$EF4$C8:$OF;D8C$A@;M854C'$Q458 F:8$H4$4998C$4C$49$D4;D8$H4$EF4$994G@O8C G47:M4$ @J8C$ H4$ H4O8;5@;7@'$ ;8:$ F:@ Q8K9@;7B:$ ;8:$ O@R854C$ 7:654C8C'$ :8 4CM@O8C$M@:$@;8C@H8C$Q85$9@$C8K54G7G4:;7@ R$ H4$ ;745M@$ A85O@$ C4$ D@$ H4CQ45M@H8$ F: 4CQV57MF$ ;5VM7;8'$ F:@$ ;745M@$ H4C;8:A7@:_@ D@;7@$9@C$497M4C'$R$98C$\BG4:4C$R@$:8$@;4QM@: 98C$9VO7M4C$7OQF4CM8C$Q85$98C$@HF9M8C[$+CM8

Q@5M7B$D@;4$OF;D8$M74OQ8'$:8$4C$H4$@D85@' G74:4$H4CH4$9@$494;;7B:$H4$9@$X54C7H4:M@ -@;D494M'$8$H4$@:M4C'$4C$F:$MCF:@O7$EF4$:8 G@$@$Q@5@5$:F:;@[

52&#(-#&,02-#S-0M&,%+%,-#+*=%.0&10+ .#1#2.#2,*%&O&,#2-+%C*(I0&ZW%O&%CG0 E"#&G%2#2&C%(&+#G*02#([ +:$ 4CM8C$ O8O4:M8C'$ ;548$ EF4$ 9@C 54678:4C$:8$4CM]:$6@:@:H8$:@H@'$49$Q@VC C76F4$;4:M5@97_@H8'$C76F4:$M5@M@:H8$@$9@C 54678:4C$;8O8$C7$AF45@:$:7J8C$;D7;8C$@$98C ;F@94C$ :8$ C4$ 94C$ QF4H4:$ H@5$ 54CQ8:C@g K797H@H4C'$ Q458$ C7$ :8$ C4$ 94$ 4:M546@: 54CQ8:C@K797H@H4C'$ 9@C$ Q45C8:@C$ O]C ;@Q@;4C$H4$499@C$C4$G@:$@$3@:M7@68[$+:M8:;4C 4C$F:$;V5;F98$G7;78C8'$D@R$EF4$58OQ45$4C8' M5@CQ@C@5$Q8H45$@$9@C$54678:4C$R$QF:M8[$t8 ;548$ EF4$ ;@H@$ G4_$ O]C$ 49$ 4k;4C8$ H4 ;4:M5@97CO8$ 4:$ PD794$ ;54@$ F:$ Q45\F7;78[

Z6"U&I#.*.%(&,02,+#-%(&(#&.#K#+3%2 +#%C*=%+&1%+%&-#+I*2%+&,02&#(-# ,#2-+%C*(I0[&Z5(&10(*KC#&C0G+%+&E"#&C0( 72-#2.#2-#(M&10+&#>#I1C0M&(#%2&#C#G*.0( 10+&$0-%,*?2&101"C%+[ -F4:8'$4CM8$AF:H@O4:M@9O4:M4$C4$M5@M@ H4$ Q8H45[$ `8R$ G4O8C$ ;8O8$ 98C$ \BG4:4C C@94:$@$9@C$;@994C$R$;8:C76F4:$;8C@C[$t$CV'$R8 ;548$EF4$H4K4$4k7CM75$4C@$Q8C7K797H@H$H4 494675'$D@R$EF4$85H4:@5$49$C7CM4O@$Q89VM7;8[

Z/?I0&(#&1"#.#&N0+-%C#,#+ C%&*I%G#2&.#&D%&F+%",%23%[ +CM@$5467B:$4C$F:@$EF4$4CM]$;9@G@H@$4: 49$@9O@$H49$Q@VC'$Q85$M8H@$CF$D7CM857@[$P548 EF4$98$EF4$M74:4$EF4$D@;45$4CM@$5467B:$4C 54;8:;797@5C4$7:M45:@O4:M4'$:8$QF4H4$C46F75 ;8:$4CM@$CF45M4$H4$6F455@$;7G79$7:M45:@'$4:M54 49$OF:H8$7:HV64:@$R$49$>OF:H8$O8H45:8I' R8$;548$EF4$4CM@$5467B:$H4K4$C45$;@Q@_$H4 4CM@K94;45$ F:@$ ;8:G7G4:;7@$ 4:$ EF4$ C4

54CQ4M4:$9@C$M5@H7;78:4C'$9@$;F9MF5@$H4$;@H@ F:8$R$C4@$F:$4\4OQ98$H4$H7G45C7H@H'$4C8$4C 98$Q57O458$EF4$H4K4$D@;45[

5D&89RH&/9!/5:HF/7<! 52&("&C*K+0&:%.*0G+%N3%&.#&"2%&)#++0-% "(-#.&%2%C*=%&C%&,%3.%&.#&C%&/02,#+-%,*?2M 1#+0&IP(&%CCP&.#&,02GC0I#+%.0( 10C3-*,0(&Z/?I0&#$%C"%+3%&C%&,C%(# .*+*G#2-#&,L*C#2%[ %48$@$F:@$;9@C4$H75764:M4$EF4$G@$@$M4:45 EF4$H4CQ47:@5C4$5]Q7H@O4:M4$C7$:8$EF7454 EF4H@5$ @M5@C@H@[$ 376F4$ C74:H8$ OFR ;4:M5@97CM@'$OFR$C@:M7@6F7:@'$@F:EF4$4C8 4C$F:$H4;75'$R@$EF4$54@9O4:M4$4C$CB98$F:@ 54H$H49$K@5578$@9M8$H4$3@:M7@68'$H4$;745M8C ;894678C[

4(-#.&L%&.*,L0&E"#&C%&+#20$%,*?2&.#&C% ,02.*,*?2&10C3-*,%&.#C&1%3(&(3&1%(%&10+ #C&,%+2#-&.#&*.#2-*.%.M&Z,?I0&(#&C0G+% %-+%#+&C%&>"$#2-".&%&#CC%[ t8$ ;548$ EF4$ CV'$ ;548$ EF4$ D@R$ F:@ 64:45@;7B:$EF4$M74:4$EF4$H@5$F:$Q@C8$@9 9@H8$ ;8O8$ 98$ D@:$ D4;D8$ 9@C$ 4OQ54C@C' H8:H4$D@:$4:M5@H8$98C$\BG4:4C[$X458$;548 EF4$ 4CM4$ 68K745:8$ D@$ H@H8$ F:$ Q@C8 7OQ85M@:M4$ 4:$ 4C4$ C4:M7H8[$ !F:EF4 M@OQ8;8$Q@C@$Q85$EF4$49$;@5:4M$Q@5M@$;8: H8C$ HV67M8C'$ M@OK7Z:$ M74:4$ EF4$ G45$ ;8: M5@R4;M857@C$H4$G7H@'$85764:$C8;7@9[[[[[[[[[[[[[[[

Z/?I0&#$%CT%&C%&C%K0+&.#&#(-#&G0K*#+20[ Z5(-P&(*#2.0&C%&/02,#+-%,*?2&"2%&K"#2% 010(*,*?2[&ZR#&.*(-*2G"#&%CG"2% .*N#+#2,*%&,C%+%&,02&C%&FC*%2=%[QQQQQQ P548$EF4$49$68K745:8$4CM]$D@;74:H8$9@C ;8C@C$:85O@94C'$98$EF4$9B67;@O4:M4$H4K4 D@;45[$(8$D@$C7H8$F:8$EF4$D@$C85Q54:H7H8 ;8:$F:@$@64:H@$Q58Q7@O4:M4$H4$H454;D@ 8$O]C$97K45@9'$4C$O]C$K74:$F:$68K745:8$H4

22


-?B=>EADBF ;8:M7:F7H@H'$:8$4C$F:8$H4$5FQMF5@[$+:$49 ;@C8$H4$9@$9@K85$H4$9@$8Q8C7;7B:'$ZCM@$C4 QF4H4$O4H75$G74:H8$;BO8$4C$4G@9F@H8$F: 68K745:8'$R$4:$4CM4$;@C8$@9$68K745:8$:8$94 4CM]$R4:H8$OFR$K74:'$98$;F@9$C45V@$F:$98658 Q@5@$9@$P8:;45M@;7B:'$Q458$4998C$4CM]:$94\8C H4$D@K45$D4;D8$F:@$54G7C7B:$H4$CFC$G47:M4 @J8C$Q@C@H8C'$Q458$M@OQ8;8$4CM4$68K745:8 C4$98$4CM]$4k7674:H8[

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k;494:;7@[

ZDC#G%+P&#C&I0I#2-0&#2&E"#&%1%+#=,% "2&2"#$0&,02GC0I#+%.0&10C3-*,0M&,02 *.#%(&+#20$%.%(&O&"2&N"#+-#&%10O0 ,*".%.%20[&Z9&#(&C0&E"#&L%&0,"++*.0 ,02&'59M&10+&#>#I1C0M&"2&,%(0&%*(C%.0 O&.*N3,*CI#2-#&,%1%=&.#&%GC0I#+%+ G+%2.#(&,%2-*.%.#([ t8$;548$EF4$QF4H4$C45$EF4$9946F4$F: :F4G8$;8:698O45@H8[$?8$H4$,+#$:8$4C$F: ;@C8$@7C9@H8'$@968$C46F5@O4:M4$EF7454$H4;75[

4!&!45A9&:9D&5'8:5RF:7FD F&("&>"*,*0&#C&I"2.0&#I1+#(%+*%C&#2 /L*C#&L%&,%IK*%.0&K%(-%2-#&#2&C0( TC-*I0(&%B0(M&-#2*#2.0&IP(&+#(102] (%K*C*.%.&(0,*%C&Z/?I0&$%C0+%&#(-0&#2 #C&.#(%++0CC0&.#C&1%3([ (8$4C$F:$Q58K94O@$H4$54CQ8:C@K797H@H C8;7@9'$4C$F:$Q58K94O@$H4$C8K54G7G4:;7@'$C7 9@$4OQ54C@$:8$C4$@K54'$:8$C4$H7G45C7A7;@'$:8 4CM@K94;4$549@;78:4C$H4$6@:@:;7@$OFMF@ ;8:$ 98C$ @;M854C$ C8;7@94C$ ;8:$ 98C$ EF4

7:M45@;Mr@'$G@$@$75$64:45@:H8$F:$65@H8$H4 D8CM797H@H'$H4$54:;85'$EF4$94$G@$@$C45$9@$G7H@ OFR$H7AV;79[

ZF&E"U&-*10&.#&%,,*02#(&.#K#+3%&"2% #I1+#(%&%1"2-%+&#2&#(-#&(#2-*.0[ t8$ 4CQ458$ EF4$ 9@C$ 4OQ54C@C$ C4 H4C;4:M5@97;4:[$ 37$ EF454O8C$ 494675 &:M4:H4:M4$Q@5@$H4C;4:M5@97_@5'$4C8$H4K4 H@5C4$M@OK7Z:$4:$49$]OK7M8$Q57G@H8'$:8 QF4H4$ C45$ EF4$ M4:6@:$ 8Q45@;78:4C$ 4: 54678:4C$ R$ CFC$ ;F@5M494C$ 64:45@94C$ 4: 3@:M7@68[

Z5(&#C&-#I%&I#.*0%IK*#2-%C&%,-"%C] I#2-#&C0&E"#&IP(&1+#0,"1%&%&C%( #I1+#(%([ +CM]$ 49$ M4O@$ H4$ 4:456V@'$ 49$ O4H78 @OK74:M@9'$Q458$M@OK7Z:$98C$M4O@C$C8;7@94C' 9@K85@94C'$R8$;548$EF4$98C$M4O@C$9@K85@94C G@:$@$75$M8O@:H8$;@H@$G4_$O]C$AF45_@[[[[[[[[

!C'%&/&-(/&0$/+'&.9192'(4' =-'&D/&/&4'('1&=-' .'+,'9(/1+'&1E,9./F'(4'&+9 (%&=-9'1'&=-'./1&/41/+/./? "92-'&+9'(.%&F-* 0'(41/$9+4/6&F-* +/(49/2-9(/6&/-(=-'&'+%&'+ -(&.'0916&*/&=-'&1'/$F'(4' '+&+#$%&-(/&1'.&.'$&</119% /$4%&.'&"/(49/2%6&.'&09'14%+ 0%$'29%+5?



"'&+-F/(&(-'D%+&+%09%+

28)LAB1C)12)@ED FR5R9:^FR&@@27E E)*C?!E?EA*EBME D0(&#I1+#(%+*0(&.#&D%&F+%",%23%&#(-P2&+#E"*+*#2.0&,%.%&$#=&IP(&%(#(0+3%(&#(1#,*%C*=%.%(Q&F(3&C0&(0(-*#2# D%++%32&A*%C&O&_+%2,0&O&/3%M&C0(&.0(&2"#$0(&(0,*0(&E"#&#2&XY``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k7O7_@5$CFC

54;F5C8C$R$EF4$@$CF$G4_$98C$Q8C7;78:4:$4:$49$O4\85$4C;4:@578$\F5VH7;8[ >+CM@O8C$;8O4:_@:H8u$4:$8;MFK54$;FOQ97O8C$F:$@J8$4:$9@ 5467B:$R$G4O8C$F:@$;54;74:M4$H4O@:H@$Q85$:F4CM58C$C45G7;78C[ X58HF;M8$H49$;8OQ94\8$4C;4:@578$EF4$D4O8C$G7G7H8$4CM4$@J8'$H4K7H8 @$A@;M854C$7:M45:8C$R$4kM45:8C'$98C$7:G45C78:7CM@C$4CM]:$H4O@:H@:H8 O@R85$;@:M7H@H$H4$7:CM5FO4:M8C$A7:@:;7458C$H4$O4:85$574C68I' C8CM74:4$W8:_@98$t]G@5'$W454:M4$.4678:@9$H4$?@55@V:$%7@9[[[[[[[[[[[[[[[[[[[[[[ >?@C$4OQ54C@C$:85O@9O4:M4$@;Mr@:$4:$F:@$A85O@$O]C$;F5@M7G@ EF4$ Q54G4:M7G@$ R$ 4C8$ 4C$ F:$ 45585'$ Q85EF4$ D8R$ 4:$ HV@$ D@R$ EF4


$>;FD

7:M58HF;75$@$9@$64CM7B:$4OQ54C@57@9$9@$8Q7:7B: @:M7;7Q@H@$H49$@K86@H8'$Q@5@$9865@5$F:@ O4\85$64CM7B:[$!$G4;4C$9@C$4OQ54C@C$:8 EF7454:$M4:45$F:$;8CM8$A7\8$4:$@C4C85V@'$Q458 @$9@$9@56@$4C8$4C$O]C$A@G85@K94$EF4$@HG45C8I' @HG745M4$.89@:H8$L5@:;8'$C8;78$Q57:;7Q@9$H4 L5@:;8$R$PV@$!K86@H8C[

@;;4H45$ @$ 9@$ O]C$ ;8OQ94M@$ 6@O@$ H4 7:CM5FO4:M8C$H4$&:M45O4H7@;7B:$L7:@:;745@ R$ .4:M@$ L7\@$ H7CQ8:7K94$ 4:$ 49$ O45;@H8 :@;78:@9$4$7:M45:@;78:@9'$>EF4$O4H7@:M4 F:@$@HO7:7CM5@;7B:$@;M7G@$R$54CQ8:C@K94 KFC;@O8C$ 8KM4:45$ 49$ O]k7O8$ 54M85:8

7!A7:H75!)9&5!&5D )5RF::9DD9

+9$@J8$0122$D@$C7H8$F:$@J8$H4$4kQ@:C7B: Q@5@$9@$4OQ54C@$:@;78:@9[$+:$N4OF;8$CF Q57857H@H$D@$C7H8$4CM@K94;45C4'$;8:8;45$9@ 5467B:'$;8:C897H@5$F:$4EF7Q8$H4$Q57O45$:7G49 gEF4$Q85$;745M8$4C$:4M@O4:M4$54678:@9g'$R H@5C4$ @$ ;8:8;45$ 64:45@:H8$ 9@_8C$ H4 ;8:A7@:_@$ 4:$ 49$ 4OQ54C@57@H8$ 98;@9[ +:$K@C4$@$4C8'$F:8$H4$98C$8K\4M7G8C$H4 ?@55@V:$ %7@9$ H4$ 7:654C@5$ ;8O8$ C8;78$ @ P85Q@5@F;@:V@$ 4C$ ;8:8;45$ 9@$ 54@97H@H 54678:@9'$@$M5@GZC$H4$CF$589$@5M7;F9@H85$H4 H7A454:M4C$ ]54@C$ Q58HF;M7G@C$ H4$ ?@ !5@F;@:V@[

?@55@V:$%7@9$3[!['$AF:H@H@$4:$2Uid$Q85 98C$D45O@:8C$L45:@:H8$R$?48:7H@C$?@55@V: %7@9'$@;MF@9O4:M4$4C$F:@$4OQ54C@$9VH45$4: 9@$7:HFCM57@$H4$C45G7;78C$A7:@:;7458C'$M@:M8 Q@5@$ ;974:M4C$ Q@5M7;F9@54C$ 8$ 4OQ54C@C$ 4 7:CM7MF;78:4C'$ R$ 8Q45@$ 4:$ PD794'$ X45r' P898OK7@'$,Zk7;8'$-5@C79$R$+CM@H8C$n:7H8C[ /4:M58$H4$98C$Q57:;7Q@94C$Q58HF;M8C$EF4 8A54;4$ @$ CFC$ ;974:M4C$ C4$ 4:;F4:M5@: !;;78:4C'$L8:H8C$,FMF8C'$&:CM5FO4:M8C$H4 .4:M@$L7\@'$P@OK78C$&:M45:@;78:@94C'$L8:H8C H4$&:G45C7B:'$!X%$R$-89C@$H4$X58HF;M8C[ +CM@$4OQ54C@$9946B$@$N4OF;8$@$A7:4C$H4 0121'$ ;8:M@:H8$ @$ 9@$ A4;D@$ ;8:$ F:@ 7OQ85M@:M4$;@5M45@$H4$;974:M4C$@$;@568$H4 ;7:;8$@C4C854C$A7:@:;7458C[$t]G@5$C8CM74:4 EF4$49$Q45A79$H4$574C68$EF4$Q54H8O7:@$4: 9@$5467B:$4C$O]C$K74:$;8:C45G@H85u$Q458 EF4$4:$4C@$9V:4@$@$M5@GZC$H4$4998C$QF4H4:

Q8C7K94$H4$;@H@$7:CM5FO4:M8I'$H4C;57K4[

>+:$N4OF;8$4CM]:$D@;74:H8$F:$4CAF45_8 7OQ85M@:M4$Q85$49$H4C@558998$H4$9@$5467B:[ +C$H7AV;79$4:;8:M5@5$4:$8M5@C$54678:4C$F:@ P85Q85@;7B:$ EF4$ @69FM7:4$ C4;M854C$ M@: H7G45C8C'$Q@5@$H4C@55899@5$Q58R4;M8C$;8O8 49$X@5EF4$&:HFCM57@9$R$N4;:89B67;8$H4$?@ !5@F;@:V@'$9@$LF:H@;7B:$!5@F;@:V!Q54:H4' R$@9$O7CO8$M74OQ8$H4C@558994$4G4:M8C$;8O8 +:49@'$EF4$:8$4k7CM4$4:$8M5@C$;7FH@H4CI' H4CM@;@[

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

t]G@5$@6546@$EF4$;8:$4CM@$7:;9FC7B:'$9@ 4OQ54C@$4CQ45@$@Q85M@5$@9$;54;7O74:M8$H4 9@$P85Q85@;7B:$R$H4CH4$CF$]54@$@RFH@5$@ H4C@55899@5$:F4G8C$Q58R4;M8C'$C8;7@94C$8 4OQ54C@57@94C'$Q@5@$9@$5467B:[

20


$>;FD

H:FaFb9&5!&564789 346r:$ .89@:H8$ L5@:;8'$ F:8$ H4$ 98C H7CM7:M7G8C$H4$L5@:;8$R$PV@$!K86@H8C$4C$49 M5@K@\8$4:$4EF7Q8$H4$CFC$Q58A4C78:@94C'$49 EF4$94$Q45O7M4$@9$;974:M4$9865@5$49$54CF9M@H8 946@9$EF4$H4C4@[$+C$EF4$@$CF$\F7;78$CF$A75O@ H4$@K86@H8C$4C$49$r:7;8$4CMFH78$\F5VH7;8' ;8O8$M@9'$EF4$4k7CM4$4:$?@$!5@F;@:V@$4: O@M457@$H4$@C4C85V@C$R$97M7678C'$H4$;@5];M45 546F9@M8578$R$@OK74:M@94C[

;8 9 @ K 8 5@H 8 $ @ :M4 5 7 8 5 O 4 :M4 $ 4 : $ 9 @ 856@:7_@;7B:$H4$+:49@'$;8O8$@FCQ7;7@H85u D@$C7H8$4OQ54C@$H8:@:M4$H4$9@$LF:H@;7B: !5@F;@:V!Q54:H4$ R$ D@$ @C4C85@H8 \F5VH7;@O4:M4$@$C8;78C$H4$9@$P85Q85@;7B:' ;8O8$P4:M4;$8$/54@OC[ +C$ EF4$ @$ CF$ \F7;78'$ 4CM@$ A75O@$ M74:4 K@CM@:M4$ G7:;F9@;7B:$ ;8:$ 49$ OF:H8

>W4:45@9O4:M4$8;F554$EF4$D@R$OF;D8C @K86@H8C$EF4$M5@K@\@:$K@\8$F:$M4;D8$4: ;8Or:'$Q458$;@H@$F:8$M74:4$CFC$;@C8C$4: A85O@$7:H4Q4:H74:M4[$?8$EF4$F:$4CMFH78 D@;4$4C$F:$@K85H@\4$r:7;8$H4$9@$M4O]M7;@$R C4$ H7CM57KFR4$ 49$ M5@K@\8'$ 64:45@:H8 4CM5F;MF5@$H4CH4$H7CM7:M@C$9V:4@C$H4$M5@K@\8I' ;F4:M@'$@6546@:H8$@H4O]C$EF4$L5@:;8$R PV@$ M74:4$ F:$ 4EF7Q8$ ;8:C897H@H8$ R OF9M7H7C;7Q97:@578$ 4:$ 4CM4$ C4:M7H8[[[[[[[[[

+CM@$549@;7B:$;8:$49$4OQ54C@57@H8$AF4 ;9@G4$ @$ 9@$ D85@$ H4$ H4;7H75$ @C8;7@5C4$ @ P85Q@5@F;@:V@'$H8:H4$4CQ45@:$64:45@5$F:@ @97@:_@$4CM5@MZ67;@$H4$OFMF@$;89@K85@;7B:[ >?@$8A7;7:@$:F4CM5@$M74:4$F:$Q45A79$H7CM7:M8' 4CM@O8C$G7:;F9@H8C$@9$4OQ54C@57@H8'$Q85 98$M@:M8$H4CH4$49$QF:M8$H4$G7CM@$Q58A4C78:@9 4CQ45@O8C$C46F75$64:45@:H8$54H4C$R$H4CH4 49$QF:M8$H4$G7CM@$654O7@9$@Q85M@5$H4CH4 :F4CM5@$Q58A4C7B:$@9$H4C@558998$H4$9@$5467B:I' ;8:;9FR4[

t$4C$4CM4$G@985$H49$M5@K@\8$4:$4EF7Q8' 98$ EF4$ ;8K5@$ @r:$ O]C$ 5494G@:;7@$ @9 ;8:C7H45@5$CF$7:654C8$@$P85Q@5@F;@:V@'$R@ EF4$54A94\@$49$54CQ@9H8$H4$4CM@$4OQ54C@$@ 9@$9@K85$H4$9@$P85Q85@;7B:$R$CFC$C8;78C'$4: 9@$ KrCEF4H@$ H49$ H4C@558998$ C8;7@9$ R 4;8:BO7;8$H4$9@$5467B:'$Q54;7C@O4:M4$@ M5@GZC$H4$9@C$@97@:_@C$Q58HF;M7G@C$R$@9$M5@K@\8 4:$;8Or:$H4$H7G45C8C$654O78C[ X458$ 9@$ 549@;7B:$ H4$ L5@:;8$ R$ PV@ !K86@H8C$;8:$P85Q@5@F;@:V@$:8$4C$CB98$@ 5@V_$H4$CF$7:654C8$;8O8$C8;78'$R@$EF4$D@

2/

4OQ54C@57@9'$H4K7H8$@$EF4$9@$O@R85V@$H4 CFC$;974:M4C$C8:$4OQ54C@578C'$R$@$EF4$F:8 H4$CFC$C4998C$4C$9@$@C4C85V@$9@K85@9'$;8O45;7@9 R$M57KFM@57@[$>(8C8M58C$M4:4O8C$F:$65@: :7;D8$H4$4OQ54C@C$H4$3@:M7@68$EF4$EF7454: M4:45$4:$Q58G7:;7@$Q45C8:@C$H4$;8:A7@:_@ ;8:$;@Q@;7H@H$Q58A4C78:@9'$Q458$Q85$8M58 9@H8$ C8O8C$ @K86@H8C$ H4$ 4OQ54C@578C 98;@94C[$ +:$ 4C4$ ;8:M4kM8$ :8C$ M8;@$ C@;@5 @H49@:M4$CFC$M5@K@\8C$R$49$8K\4M7G8$:F4CM58 4C$ EF4$ C74OQ54$ M4:6@:$ F:$ @K86@H8$ H4 ;@K4;45@I'$H7;4[

,"&%#-"'.+%#/"

P@K4$H4CM@;@5$EF4$4:$4CM@$A75O@$g;8: ;45;@$H4$H74_$@J8C$H4$4kQ4574:;7@g$M5@K@\@: O]C$H4$G47:M4$Q45C8:@C'$4:M54$@HO7:7Cg M5@M7G8C'$@K86@H8C$R$;8:M@H854C[$?8C$C8;78C Q57:;7Q@94C$C8:$.89@:H8$L5@:;8'$!K86@H8 R$,@6VCM45$4:$,4H78$!OK74:M4u$W@K5749 Y@O@5:4'$!K86@H8$R$,@6VCM45$4:$/454;D8 H4$9@$+OQ54C@u$R$?4M7;7@$.FO7:8M'$!K86@H8 R$ M@OK7Z:$ ,@6VCM45$ 4:$ /454;D8$ H4$ 9@ +OQ54C@$e4:$9@$A8M8h[


:-(./09#(&G1/-0/(HG,1'(.'B

*?ANE1E)!C?)ABE '5b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


+?AGAFBAEFD PF@:H8$ :@;7B$ 9@$ 7H4@$ H4$ ;54@5$ 4CM@ LF:H@;7B:$4:$49$@J8$011T$g;F4:M@$P@598C /54G4C'$/754;M85$+\4;FM7G8$H4$9@$LF:H@;7B: !5@F;@:V!Q54:H4$eL!!hg$49$8K\4M7G8$Q57:;7Q@9 45@$CFK75$49$:7G49$H4$9@$4HF;@;7B:$4C;89@5 4:$98C$C4;M854C$O]C$GF9:45@K94C$H4$9@$5467B:' 9@$EF4$4CM@K@$OFR$@M5]C$4:$;8OQ@5@;7B: ;8:$49$Q58O4H78$:@;78:@9[$P8:$49$Q@C8$H49 M74OQ8$4CM4$8K\4M7G8$C4$D@$M5@:CA85O@H8 4:$F:$;8OQ58O7C8$R$4:$F:@$;5F_@H@$EF4 C7:$HFH@$G@$O]C$@99]$EF4$CB98$CFQ45@5$;7A5@C 4CM@HVCM7;@C'$C4J@9@[ +9$54C;@M4$94;M85$H4$O]C$H4$d$O79$:7J8C H4CH4$49$011T$@9$0121'$CFO@H8$@$98C$d$O79 :7J8C$;8:$98C$EF4$C4$4CM]$M5@K@\@:H8$4CM4 0122'$ D@$ O8M7G@H8$ @9$ 4EF7Q8$ H4$ 9@ LF:H@;7B:$@$4CO45@5C4$@r:$O]C$4:$C46F75 @RFH@:H8$@$98C$Q4EF4J8C$H4$9@$5467B:'$4: F:$;8OQ58O7C8$EF4$:8$CB98$7:;9FR4$@$98C Q58A4C78:@94C$R$H754;M7G8C$H4$9@$L!!'$R$@$98C 4OQ54C@578C$ H8:@:M4C'$ C7:8$ M@OK7Z:$ @9 68K745:8'$ EF4$ D@$ H4;7H7H8$ @Q8R@5 A75O4O4:M4$4:$4CM@$M@54@[ +:$4A4;M8'$H4CH4$49$0121$49$,7:4HF;$D@ @Q85M@H8$ ;8:$ 7OQ85M@:M4C$ 54;F5C8C$ @9 H4C@558998$H49$X5865@O@$H4$.4C;@M4$?4;M85[ +:$F:@$Q57O45@$7:CM@:;7@$98$D7_8$;8:$F:$f1w H4$ A7:@:;7@O74:M8u$ @;MF@9O4:M4$ ;8:$ F: 211w[$ >+9$ ,7:7CM4578$ D@$ @CFO7H8$ 49 ;8OQ58O7C8$H4$M5@K@\@5$Q85$98C$:7J8C$H4 ?@$ !5@F;@:V@'$ H4CM@;@:H8$ 9@$ AB5OF9@ 7::8G@H85@$H4$9@$LF:H@;7B:$R$O8M7G]:H89@ @$C46F75$4:$49$O7CO8$;@O7:8[$+CM4$0122$49 68K745:8$ 54678:@9'$ @$ M5@GZC$ H49$ 4\4$ H4 4HF;@;7B:$H49$X9@:$!5@F;@:V@'$7:;85Q85B$49 X5865@O@$H4$.4C;@M4$?4;M85$@$CFC$7:7;7@M7G@C ;8:$49$A7:$H4$O4\85@5$98C$V:H7;4C$4HF;@g ;78:@94C$ H4$ 9@$ 5467B:I'$ C8CM74:4$ /54G4C[ +CM4$0122$49$,7:4HF;$@Q85MB$;8:$d11 O7998:4C$H4$Q4C8C$Q@5@$49$54C;@M4$94;M85$H4 d$O79$:7J8C'$4:$F:$;8:G4:78$H4$;89@K85@;7B: H8:H4$!5@F;@:V!Q54:H4$C4$;8OQ58O4M7B @$ EF4$ 49$ H7:458$ EF4$ C4$ 98654$ H4$ 9@C H8:@;78:4C$H4$4OQ54C@578C$C4@$H4CM7:@H8 @$9@$4\4;F;7B:$H4$8M58C$Q5865@O@C$H4$@RFH@[ >+9$8K\4M7G8$:F4CM58$4C$EF4$;8:$49$@Q85M4 H4$ 9@$ 4OQ54C@$ Q57G@H@$ O8CM54O8C$ 9@ ;@Q@;7H@H$EF4$M74:4$9@$5467B:$H4$64:45@5 C89F;78:4C$4:HB64:@C$@$CFC$Q58K94O@CI' H7;4$49$/754;M85$+\4;FM7G8[ 3F564$H4$4CM4$O8H8'$9@$7H4@$H4$M5@K@\@5 49$M4O@$H4$94;MF5@$4:$Q57O45$@J8$K]C7;8 eD@CM@$ @D85@$ 49$ .4C;@M4$ ?4;M85$ 45@$ 4: C46F:H8h$R$;54@5$M@OK7Z:$F:$Q5865@O@$Q@5@

0%+&"1'2+3*31 49$]54@$O@M4O]M7;@[$>3@97O8C$H49$r9M7O8$9F6@5 4:$94:6F@\4'$Q458$4CM@O8C$OFR$Q46@H8C$@9 A8:H8$H4$9@$M@K9@$4:$O@M4O]M7;@[$!9$@Q54:H45 @$9445'$49$Q@C8$8K976@H8$EF4$C76F4$4C$O4\85@5 4:$ O@M4O]M7;@I'$ C8CM74:4$ Y8CZ$ ,76F49 W@5;V@'$X54C7H4:M4$H4$9@$LF:H@;7B:[[[[[[[[[[[[[

7!!9AF!)9&5!&9H:FR&c:5FR P@598C$/54G4C'$XC7;B9868$H4$Q58A4C7B:' @A75O@$EF4$Q@5@$F:$:7J8'$F:@$H4$9@C$Q4854C ;8:C4;F4:;7@C$H4$M4:45$F:$K@\8$@Q54:H7_@\4 4C$9@$Q8;@$@FM84CM7O@$EF4$C4$64:45@$4:$Z9' EF4$H4$Q@C8$Q58G8;@$F:$54;D@_8$@$4HF;@5C4 R$F:@$4M45:@$;8OQ@5@;7B:$;8:$49$54CM8$H4 CFC$;8OQ@J458C[$+:$4C4$@Q54:H7_@\4$4C$G7M@9 C@K45$9445'$R@$EF4$4CM8$Q45O7M4$EF4$49$:7J8 C4$A85O4$4:$M8H@C$9@C$O@M457@C[$>?445$94 Q45O7M4$M4:45$@;;4C8$@9$;F557;F9FO$Q85EF4 M8H8$ C4$ 4:C4J@$ ;8:$ M4kM8CI'$ 4:A@M7_@[ +C$Q85$4C8$EF4$4:$0122$F:8$H4$98C$H8C Q5865@O@C$ Q798M8C$ 7OQ94O4:M@H8C$ C4 H4:8O7:@$>N8H8C$944:$4:$Q57O458I'$;FR@ 4CM5@M467@$ H4$ M5@K@\8$ C4$ H7G7H4$ 4:$ M54C Q@5M4C=$2h$N5@K@\8$;8:$98C$Q58A4C854C$4:$9@ C@9@$H4$;9@C4C'$;8:$D]K7M8C$H4$4:C4J@:_@ H4$94;MF5@'$0h$N5@K@\8$;8:$98C$:7J8C$EF4$C4 EF4H@:$@M5]C$Q85$F:$HZA7;7M$H4$4CM7OF9@;7B:' R$ ih$ N5@K@\8$ ;8:$ 98C$ @Q8H45@H8C$ ;8: 7:;4:M7G8C$@$9@$Q@5M7;7Q@;7B:$4:$49$M4O@ 94;M85[ >?@$7H4@$4C$54A85_@5$@$98C$EF4$M74:4: 54M5@C8'$Q458$M@OK7Z:$C4$M5@K@\@$;8:$98C Q58A4C854C$4:$9@$C@9@$H4$;9@C4C'$Q@5@$@RFH@5

4"15'67893&'!%+/:% @$ O4\85@5$ ;@Q@;7H@H4C$ Q4H@6B67;@C$ EF4 QFH745@:$ 4CM@5$ @A4;M@H@Cu$ R$ ;8:$ 98C @Q8H45@H8C'$4C$F:$M5@K@\8$H4$O8M7G@;7B:' Q85$4\4OQ98$4:6@:;D]:H898C$;8:$Q@C48C$@ A7:$H4$@J8I'$4kQ97;@$49$/754;M85$+\4;FM7G8[$>+9 Q5865@O@$@QF:M@$@$9@$AF4:M4$H49$Q58K94O@' EF4$98C$:7J8C$@Q54:H@:$@$9445$4:$2)$K]C7;8' H8:H4$;8554CQ8:H4'$R$@CV$@$AFMF58$4G7M@5$9@C :7G49@;78:4CI'$@6546@$49$X54C7H4:M4[[[[[[[[[[[[[[[ X85$ 8M58$ 9@H8'$ R$ H4K7H8$ @$ 98C$ O@98C V:H7;4C$H49$37O;4$4:$O@M4O]M7;@'$R$@$H@M8C EF4$C4J@9@:$EF4$CB98$49$*w$H4$98C$:7J8C @Q54:H4$ @$ CFO@5$ R$ 54CM@5$ 4:$ 0)$ K]C7;8 g>;7A5@$H5@O]M7;@$4$7OQ54C4:M@K94I'$4:A@M7_@ Y8CZ$,76F49$W@5;V@g'$9@$LF:H@;7B:$;54B$49 X5865@O@$H4$.4C;@M4$,@M4O]M7;8'$H7C4J@H8 Q85$+57<@$/8CC8l$R$P@598C$/54G4C[$xCM4'$@ M5@GZC$H4$F:@$C4;F4:;7@$H4$0d$@;M7G7H@H4C' KFC;@$ EF4$ 98C$ :7J8C$ @Q54:H@:$ @$ CFO@5' 4:C4J]:H894C$Q57O458$@$;8:M@5$K74:[[[[[[[[[[[[[[ +:$ 4CM4$ ;@C8$ 98C$ MFM854C$ e@9FO:8C F:7G45C7M@578C$H4$;@5545@C$;8O8$X4H@686V@' +HF;@;7B:$/7A454:;7@9$8$&:64:745V@h$M5@K@\@: 4:$ A85O@$ Q45C8:@97_@H@$ ;8:$ 98C$ :7J8C'$ R @H4O]C$D@R$Q58A4C78:@94C$EF4$M5@K@\@:$;8: Q58A4C854C$;@Q@;7M]:H898C$4:$98C$OZM8H8C$H4 4:C4J@:_@[$+CM4$Q5865@O@'$@9$76F@9$EF4$>N8H8C 944:$4:$Q57O458I'$;8O4:_B$@$7OQ94O4:M@5C4 4:$9@C$2i$4C;F49@C$OF:7;7Q@94C$H4$X7M5FAEFZ: R$ C46r:$ CFC$ 54CF9M@H8C'$ 9@$ 7H4@$ 4C$ EF4$ 49 Q5Bk7O8$@J8$QF4H@$C45$A7:@:;7@H8$Q85$49 ,7:4HF;$g;8O8$49$.4C;@M4$?4;M85g$R$H4$4CM4 O8H8$ 98C$ 4OQ54C@578C$ @Q@H57:4:$ 8M5@C ;8OF:@C$ Q@5@$ 4CM4$ .4C;@M4$ ,@M4O]M7;8[

!@$&%<I'49D%&(-'+41%&'+&=-'&0%(&'$&/,%14'&.'&$/&'F,1'+/&,19D/./&*&(-'+41/&,1%,9/ 'J,'19'(09/6&F%+41'F%+&$/&0/,/09./.&=-'&49'('&$/&1'29#(&.'&2'('1/1&+%$-09%('+&'(.#2'(/+ /&+-+&,1%<$'F/+56&7K/1$%+&L1'D'+6&L91'04%1&@I'0-49D%&:-(./09#(&G1/-0/(HG,1'(.'>? 26


+?AGAFBAEFD

:5/9!9/7'75!H9 !F/79!FD&5&7!H5:!F/79!FD /4CH4$49$011T$@$9@$A4;D@$49$@5HF8$M5@K@\8 H4$!5@F;@:V!Q54:H4$D@$M5@VH8$A5FM8C'$EF4$D@: C7H8$G@985@H8C$M@:M8$Q85$98C$:7J8C'$;8O8$Q85 49$OF:H8$Q57G@H8$R$QrK97;8[$/4$M4:45$49$r9M7O8 9F6@5$4:$49$37O;4$H4$94:6F@\4$49$@J8$011d'$49 0121$9@$5467B:$@G@:_B$@9$CZQM7O8[$t$@F:EF4 4CM4$98658$:8$C4$@M57KFR4$4k;9FC7G@O4:M4$@9 M5@K@\8$H4$9@$LF:H@;7B:'$:8$C4$QF4H4$54CM@5 OZ57M8C$@$CF$4CAF45_8$R$4OQF\4$Q85$EF4$9@ 5467B:$C@96@$@H49@:M4[ +9$,7:7CM4578$H4$+HF;@;7B:$Q54M4:H4$EF4 9@$4kQ4574:;7@$H4$!5@F;@:V!Q54:H4$C4$54Q97EF4 4:$8M5@C$54678:4C'$4CQ4;7@9O4:M4$4:$49$:85M4' EF4$@r:$C4$O@:M74:4$;8:$V:H7;4C$K@\8C$4:$49 37O;4[$>!EF4998C$EF4$:8C$@;8OQ@J@K@:$@K@\8 4:$9@$M@K9@'$;8O8$N@5@Q@;]'$!:M8A@6@CM@$R !M@;@O@$;8:M7:r@:$@99V$R$CFC$@FM857H@H4C 4HF;@;78:@94C$:8C$G7C7M@58:$4CM4$@J8$Q@5@ ;8:8;45$R$54Q97;@5$:F4CM5@$4kQ4574:;7@I'$;F4:M@ W@5;V@[ +9$M5@K@\8$H4$9@$LF:H@;7B:$@H4O]C$D@$C7H8 G@985@H8$Q85$8M5@C$4:M7H@H4C$EF4$D@:$G7CM8 4:$ 499@$ F:$ 4\4OQ98$ @$ C46F75[$ +9$ 011y$ AF4 C494;;78:@H@$Q85$9@$LF:H@;7B:$X@VC$/767M@9 ;8O8$F:8$H4$98C$f1$;@C8C$4\4OQ9@54C$H4 4HF;@;7B:[$+9$011U$54;7K7B$49$X54O78$!G8::7' H49$L858$&::8G@;7B:'$N%($R$+9$,45;F578'$;8O8 F:@$7::8G@;7B:$@$:7G49$:@;78:@9[$t$4CM4$0122 EF4HB$4:M54$98C$01$A7:@97CM@C$@$:7G49$OF:H7@9 H49$ X54O78$ z&3+$ 8$ L858$ ,F:H7@9$ H4 &::8G@;7B:$4:$9@$+HF;@;7B:'$H4$9@$LF:H@;7B: s@M@5[ +CM4$r9M7O8$54;8:8;7O74:M8$;8:C7H45B M54C$;8OQ8:4:M4C=$7:G45C7B:'$7::8G@;7B:$4 7:;9FC7B:[$t$@F:EF4$:8$C4$;8:C76F7B$54;7K75$49 Q54O78'$C7:$HFH@$C4$9865B$Q8C7;78:@5$R$G@985@5 49$ M5@K@\8$ H4$ !5@F;@:V!Q54:H4$ @$ :7G49 7:M45:@;78:@9[$>+CM@$:8O7:@;7B:$AF4$54;7K7H@ ;8:$65@:$@9465V@$Q85$:F4CM58$4EF7Q8'$EF4$;8: 4CM4$54;8:8;7O74:M8$7:M45:@;78:@9$54:F4G@ CF$4:MFC7@CO8$Q85$4:M546@5$F:$M5@K@\8$H4 ;@97H@H>'$H4CM@;@$W@5;V@[ +C$EF4$4:$H4A7:7M7G@$D@$C7H8$4CM4$4EF7Q8 e;45;@$H4$d11$Q45C8:@C'$4:M54$54C;@M7CM@C' 4EF7Q8$MZ;:7;8$R$@HO7:7CM5@M7G8h$49$EF4$D@ M5@K@\@H8$HF5@:M4$4CM8C$@J8C$4:$@968$EF4 :@H74$D@KV@$D4;D8$@:M4C[$n:$4EF7Q8$DFO@:8 EF4$M74:4$9@$O4M@$H4$C46F75$D@;74:H8$9@C$;8C@C K74:'$R$;8:$;8OQ58O7C8=$>!$:8C8M58C$g;8:;9FR4 /54G4Cg$:8C$;8CMB$;7:;8$8$C47C$@J8C$9946@5 D@CM@$H8:H4$4CM@O8C'$R$9@$G45H@H$4C$EF4$D@ AF:;78:@H8$Q85EF4$D@$9865@H8$H4C@55899@5 ;85@_B:'$4CQV57MF$R$;F45Q8I[

!"/$9F%+&.'$&M$49F%&$-2/1&'(&$'(2-/I'6&,'1%&'+4/F%+&F-*&,'2/.%+&/$&3%(.%&.'&$/&4/<$/ '(&F/4'FE490/?&G$&/,1'(.'1&/&$''16&'$&,/+%&%<$92/.%&=-'&+92-'&'+&F'I%1/1&'(&F/4'FE490/56 7N%+O&P92-'$&;/10H/6&81'+9.'(4'&:-(./09#(&G1/-0/(HG,1'(.'>? 27


+?AGAFBAEFD

4!&5b5'8D9&)5&FD7F!dF 8eaD7/F]8:7AF)F X@5@$ +HF@5H8$ {454:Z'$ 3454O7$ H4 +HF;@;7B:'$49$;8:G4:78$H4$;89@K85@;7B:$H49 ,7:4HF;$;8:$9@$LF:H@;7B:$!5@F;@:V!Q54:H4 C4$M5@M@$H4$F:$>OFR$KF4:$4\4OQ98$H4$F: M5@K@\8$Q58G4;D8C8$Q@5@$9@$;8OF:7H@H$R$9@ ;7FH@H@:V@$O4H7@:M4$F:@$@97@:_@$4:M54$98 QrK97;8$R$Q57G@H8I[$t$@A75O@$EF4$AF458:$98C 98658C$8KM4:7H8C$49$0121'$98C$EF4$O8M7G@58:

@9$,7:7CM4578$@$;8:M7:F@5$A7:@:;7@:H8$49 X5865@O@$ H4$ .4C;@M4$ ?4;M85$ 4CM4$ 0122[

R$;8OQ58O7C8$;8:$9@$4HF;@;7B:I'$@6546@$9@ @FM857H@H[

>?@$ 9@K85$ H4$ 9@$ LF:H@;7B:$ 4C$ OFR Q8C7M7G@$ 4:$ 49$ ]54@$ H4$ 9@$ 4HF;@;7B:'$ 4: ;F@:M8$@$98$EF4$D@;4$4:$98C$4CM@K94;7O74:M8C 4HF;@;78:@94C$ H4$ ?@$ !5@F;@:V@'$ R$ ;BO8 @RFH@$ @$ 9@C$ M@54@C$ Q58Q7@C$ EF4$ D@;4$ 49 ,7:7CM4578$H4$+HF;@;7B:[$34$H4K4$H4CM@;@5 EF4$ 9@$ LF:H@;7B:$ ;54B$ 4CM4$ Q5865@O@ .4C;@M4$?4;M85'$M4:74:H8$F:$54;8:8;7O74:M8 :@;78:@9$4$7:M45:@;78:@9$Q85$CFC$54CF9M@H8C

+9$3454O7$4CQ45@$EF4$M5@C$49$;8:G4:78 0122'$98C$d$O79$:7J8C$54C;@M@H8C$M4:6@:$F: :7G49$4k767K94$H4$94;MF5@$R$;8OQ54:C7B:$Q@5@ CF$:7G49'$>QF4C$C@K4O8C$EF4$F:$:7J8$H4 C46F:H8$K]C7;8$H4K4$C@K45$9445$R$4C;57K75 ;8OQ54:C7G@O4:M4$ Q@5@$ EF4$ QF4H@ ;8:M7:F@5$@H4;F@H@O4:M4$4:$CFC$Q58;4C8C H4$@Q54:H7_@\4I'$;8:;9FR4${454:Z[[[[[[[[[[[[[[[[[

!45A9&)7:5/H9:79

N4OF;8'$4C$&:64:7458$P8O45;7@9$H4$9@$XnP' ,@6VCM45$ 4:$ W4CM7B:$ +HF;@;78:@9$ H4$ 9@ n:7G45C7H@H$/7468$X85M@94C$R$P8:CF9M85@$4: .3+'$;8:$@OQ97@$4kQ4574:;7@$@;@HZO7;@$R 4OQ54C@57@9[$ LF4$ /754;M85@$ W4:45@9$ H49 P@OQFC$ 3F5$ !FCM5@9$ H4$ N4OF;8$ H4$ 9@ n:7G45C7H@H$ /7468$ X85M@94C$ R$ D@$ C7H8 H8;4:M4$4:$9@C$F:7G45C7H@H4C$!:H5ZC$-4998 R$/7468$X85M@94C[

+CM4$ @J8$ C4$ CFO@58:$ H8C$ :F4G@C Q45C8:@C$ @9$ /754;M8578$ H4$ 9@$ LF:H@;7B:' ;8:A85O@H8$ Q85$ Y8CZ$ ,76F49$ W@5;V@' X54C7H4:M4u$X4H58$`4QQ'$%7;4Q54C7H4:M4u ?854:_8$/FK87C'$N4C85458u$/7468$-4:@G4:M4' 34;54M@578u$ Y8564$ ?@68C'$ +5:4CM8$ ?@G@9$ R !9K45M8$%]CEF4_'$;8O8$/754;M854C'$R$P@598C /54G4C'$/754;M85$+\4;FM7G8[$34$M5@M@$H4$.8C7M@ XF6@$R$.8C4O@574$YF:64[

,"17<%'=98%

.8C7M@$XF6@$4C$X58A4C85@$H4$+HF;@;7B: W4:45@9$-]C7;@$;8:$,4:;7B:$4:$P@CM499@:8 H4$9@$X8:M7A7;7@$n:7G45C7H@H$P@MB97;@$H4$PD794 eXnPh'$M74:4$F:@$G@CM@$4kQ4574:;7@$4:$49 OF:H8$H4$9@$4HF;@;7B:'$QrK97;@$R$Q57G@H@' 4:$AF:H@;78:4C'$;894678C$R$4:$49$,7:4HF;[ `@$ C7H8$ Y4A@$ H4$ 9@$ /7G7C7B:$ W4:45@9$ H4 +HF;@;7B:$ H49$ ,7:4HF;$ R$ /754;M85@ !;@HZO7;@$H4$9@$LF:H@;7B:$-49Z:$+HF;@[ >?@$LF:H@;7B:$4CM]$54@9O4:M4$Q548g ;FQ@H@$Q85$49$@Q54:H7_@\4$H4$98C$:7J8C$O]C GF9:45@K94C$H4$9@$5467B:$R$4CM]$D@;74:H8$F: M5@K@\8$OFR$C4578'$Q85$4C8$O7$7:M45ZC$4: Q@5M7;7Q@5$ R$ 4C$ F:$ D8:85[$ !;]$ QF4H8 :FM575O4$H4$4CM@$54@97H@H'$EF4$76F@9O4:M4 4C$H4$GF9:45@K797H@H$;8O8$4:$3@:M7@68'$Q458 OFR$H7CM7:M@'$R$QF4H8$@Q85M@5$H4CH4$98$OV8' @RFH@5$@$EF4$98C$8K\4M7G8C$C4$;FOQ9@:$R$G45 8M5@C$Q8C7K797H@H4C$H4$M5@K@\8v'$C4J@9@$XF6@ C8K54$CF$9946@H@[ X85$CF$Q@5M4$.8C4O@574$YF:64'$.4;M85@ H4$ 9@$ n:7G45C7H@H$ 3@:M8$ N8O]C$ C4H4

,"13;%+73'49#83

53

>X@5@$OV$4C$F:$D8:85$Q@5M7;7Q@5$4:$F: Q58R4;M8$M@:$7OQ85M@:M4$Q@5@$9@$5467B:$R @H4O]C$ M@:$ 4k7M8C8[$ +:$ 9@$ n:7G45C7H@H M4:4O8C$;@5545@C$H4$+HF;@;7B:$-]C7;@'$@CV EF4$ Q85$ 4C4$ 9@H8$ 4C$ F:$ @Q85M4$ EF4 Q8H5V@O8C$D@;45'$R$M@OK7Z:$M4:68$9@$O75@H@ H4$9@$64CM7B:$4HF;@;78:@9'$EF4$\F:M8$;8:$9@ H4$.8C7M@$C8:$O75@H@C$EF4$@Q85M@:$H7CM7:M8C ]:6F98Cv'$H7;4$YF:64[ X@5@$Y8CZ$,76F49$W@5;V@$49$8K\4M7G8$H4 4CM@$7:;9FC7B:$4C$@Q85M@5$:F4G@C$G7C78:4C' ;8OQ4M4:;7@C$R$4kQ4574:;7@C[$>!OK@C$C8: OFR$@;M7G@C'$;54@M7G@C$R$D@:$C7H8$F:$65@: @Q85M4$4CM4$@J8$0122I'$@A75O@[$>?@$7:;9FC7B: H4$ .8C7M@$ 4C$ M54O4:H@O4:M4$ G@978C@' Q85EF4$Q85$CF$4kQ4574:;7@'$499@$M74:4$F: ;4:C85$H4$54@97H@H$EF4$4C$CrQ45$Q8M4:M4$R H4CH4$49$QF:M8$H4$G7CM@$MZ;:7;8$R$Q89VM7;8 4C$F:$@Q8R8$@$9@$64CM7B:[$/49$O7CO8$O8H8 .8C4O@574$D@$4CM@H8$976@H@$@9$OF:H8$H4$9@ 4HF;@;7B:$H4CH4$C74OQ54'$R$CF$7:;9FC7B:$D@ 4:57EF4;7H8$OF;D8$9@$H7C;FC7B:I'$@6546@ /54G4C[


HA=F@FD

(8C$ 4:;8:M5@O8C$ 4:$ F:$ O8O4:M8 ;5VM7;8$4:$9@$5FM@$@9$H4C@558998'$4C@$O4M@$@ 9@$EF4$@CQ75@O8C$9946@5$@:M4C$H4$H74_$@J8C' R$EF4$7OQ97;@$9@$H7AV;79$M@54@$H4$@FO4:M@5 :F4CM58$7:654C8$Q45$;]Q7M@$4:$21$O79$HB9@54C[ (@H@$A];79'$Q458$Q8C7K94'$C7$D@;4O8C$K74: 9@C$;8C@C'$C8K54$M8H8$;8:C7H45@:H8$EF4$9@C ;7A5@C$4;8:BO7;@C$OF4CM5@:$F:$A@G85@K94 Q@:85@O@$7:M45:8[ +9$r9M7O8$7:A85O4$H49$L8:H8$,8:4M@578 &:M45:@;78:@9$;855767B$CF$Q58R4;;7B:$Q@5@ 49$X&-$0122$H4CH4$T'1w$@$T'fw'$R$C8CMFG8 EF4$9@$H4O@:H@$7:M45:@$@FO4:M@5]$*'yw 4:$ 0122$ R$ T'1w$ 4:$ 0120'$ 9F468$ EF4$ 49 ;8:CFO8$OF4CM54$G@57@;78:4C$H4$T'Tw$R f'Uw$4:$;@H@$@J8u$R$9@$7:G45C7B:'$H4$22'1w R$T'dw[

<+"(-8#/#")#8 /-,%(-8)$+/%-8 ,-"-)'+),#"&#")8+,+"(.'%&-& Q%1'(R%&K%(+4/(+ 81'+9.'(4' K%(3'.'1/09#(&.'&$/ 81%.-009#(&*&.'$&K%F'109%&S&K8K

+:$M@:M8'$9@C$4kQ85M@;78:4C$@FO4:M@5]: f'dw$ 4CM4$ @J8$ R$ i'dw$ 49$ Q5Bk7O8'$ R$ 9@C 7OQ85M@;78:4C'$y'fw$R$T'0w[$&:H7;B$M@OK7Z: EF4$9@$7:A9@;7B:$;455@5]$4:$d'1w$4:$0122$R 4:$ i'0w$ 4:$ 0120'$ O74:M5@C$ EF4$ 9@$ M@C@ Q58O4H78$H4$H4C8;FQ@;7B:$:@;78:@9$C45] H4$*'0w$4:$;@H@$@J8[ -F4:@C$:8M7;7@C$EF4$D@R$EF4$8KC45G@5 ;8:$Q5FH4:;7@'$R$@$9@$G4_$Q546F:M@5:8C$EFZ :8C$4CM]$D@;74:H8$A@9M@$;8O8$Q@VC$Q@5@$:8 H4\@5$Q@C@5$4CM@$8Q85MF:7H@H'$4:$O8O4:M8C 4:$EF4$49$;8:M4kM8$7:M45:@;78:@9$Q9@:M4@ O]C$HFH@C$EF4$;45M4_@C[$37$K74:$49$OF:H8 4O4564:M4$@r:$C4$G4$QF\@:M4'$9@$7:;B6:7M@ 4C$EFZ$M@:M8$Q8H5V@$;8OQ4:C@5$9@$O4:85 @;M7G7H@H$ H4$ 98C$ Q@VC4C$ H4C@55899@H8C[ (F4CM58$Q@VC$:8$H4K4$:7$QF4H4$Q45H45 49$A8;8$4:$49$;54;7O74:M8'$R$Q@5@$4CM8'$9@C O4H7H@C$Q58$;8OQ4M7M7G7H@H$R$F:$C4;M85 4k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rK97;8[$/4CM@;@O8C$49$D4;D8$EF4

49$,7:7CM58$D@R@$54@A75O@H8$49$;8OQ58O7C8 H49$68K745:8$;8:$9@$54CQ8:C@K797H@H$A7C;@9' @$M5@GZC$H4$9@$;8:G4564:;7@$H49$K@9@:;4 4CM5F;MF5@9$ @$ g2w$ H49$ X&-$ 4:$ 012d'$ R$ F: ;54;7O74:M8$H49$6@CM8$QrK97;8$7:A45785$@9 X&-[ ,]C$ @99]$ H4$ 4CM@C$ ;8:C7H45@;78:4C 4;8:BO7;@C'$ H4K4O8C$ M4:45$ 4:$ ;F4:M@ 8M58C$ A@;M854C'$ 549@;78:@H8C$ ;8:$ 9@C Q45C8:@C$ R$ CFC$ 7:M45549@;78:4C$ 4:$ 9@ C8;74H@H[$+9$H4C@AV8$H4$O@:M4:45$F:$57MO8 @;4945@H8$ H4$ ;54;7O74:M8'$ H4K4$ 75 @;8OQ@J@H8$H4$F:$A@;M85'$EF4$H4K4$D8R 4CM@5$Q54C4:M4$4:$49$H7C;F5C8$4;8:BO7;8$H4 PD794[$ ,4$ 54A7458$ @9$ ;8:;4QM8$ H4$ 9@ ;8:A7@:_@'$ 4:$ 9@C$ 7:CM7MF;78:4C'$ 4:$ 49 68K745:8'$4:$9@$4;8:8OV@'$4:$9@C$Q45C8:@C[ +9$ ;@Q7M@9$ C8;7@9$ EF4$ 54Q54C4:M@$ 9@ ;8:A7@:_@$ C45]$ M@:$ 7OQ85M@:M4$ ;8O8 ;F@9EF745$;@Q7M@9$AVC7;8[$t$4CM8$4C$98$EF4 PD794$:8$C4$QF4H4$A@554@5u$C8O8C$9@$QF:M@ H4$9@:_@$4:M54$98C$Q@VC4C$9@M7:8@O457;@:8C 4:$98$EF4$@$H4C@558998$C4$54A7454'$Q458$Q@5@ 9865@5$49$;54;7O74:M8$EF4$4CM8$4k764'$:8$:8C Q8H4O8C$H4\@5$4CM@5$:7$4:$9@$4CM@K797H@H O@;584;8:BO7;@'$:7$4:$9@C$54A85O@C$O7;58 Q58$;8OQ4M7M7G7H@H'$:7$4:$49$@FO4:M8$H4$9@ 7:G45C7B:'$:7$4:$49$A85M@94;7O74:M8$H49$;@Q7M@9 C8;7@9[ ?@O4:M@K94O4:M4'$4:$49$r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

52



Q9094/09%('+&'(&T'+'1D/+&*&8/1=-'+&U/09%(/$'+

@E)E!A2DZE !C?)1>BEL>NE?)2@ H4:7R'9&:5;79!FD /02&#C&0K>#-*$0&.#&%1+0$#,L%+&#C&#20+I#&%-+%,-*$0&2%-"+%C&.#&D%&F+%",%23%&O&N0+-%C#,#+&#C&+"K+0&-"+3(-*,0M #C&G0K*#+20&1+#-#2.#&.#&%E"3&%C&XY`f&C*,*-%+&%C&I#20(&,"%-+0&8%+E"#(&!%,*02%C#(Q&5C&8%+E"#&!%,*02%C /02G"*CC*0&O%&%1+0K?&C%&,02(-+",,*?2&.#&.0(&C0.G#(&.#&I02-%B%&O&"2%&,%N#-#+3%M&E"#&(#&("I%+P&%&C% +#20$%,*?2&.#&C%(&,%K%B%(&O&C%&=02%&.#&,%I1*2GQ&H0.0&,02&#C&N*2&.#&E"#&C%&+#G*?2&(#%&%-+%,-*$%&-0.0&#C&%B0Q


%GBIFJA@F@ 346r:$;7A5@C$H49$345G7;78$(@;78:@9$H4 NF57CO8'$345:@MF5'$R$9@$P85Q85@;7B:$(@;78:@9 L854CM@9'$P8:@A'$?@$!5@F;@:V@$D@$M4:7H8$F: 7:;54O4:M8$CFCM4:M@K94$H4$MF57CM@C$4:$98C r9M7O8C$;F@M58$@J8C[$3B98$4:$49$7:654C8$@ 9@C$ ]54@C$ C79G4CM54C$ Q58M467H@C'$ C4$ D@ @FO4:M@H8$4:$F:$T0w$eG45$54;F@H58$Q]6[ 0Th[$X@:85@O@$@FCQ7;7@H85$C7$C4$M74:4$4: ;F4:M@$ EF4$ ?@$ !5@F;@:V@$ 4C$ F:@$ H4$ 9@C 54678:4C$ EF4$ O]C$ :4;4C7M@$ ;54;45'$ R$ 49 MF57CO8$QF4H4$C45$F:@$H4$9@C$QF:M@C$H4 9@:_@$ Q@5@$ @G@:_@5$ D@;7@$ 49$ H4C@558998[ +C$Q85$4C8$EF4$49$68K745:8$54678:@9$D@ H4;7H7H8$EF4$F:@$H4$9@C$M@54@C$4:$O@M457@ H4$MF57CO8$4C$C@;@5$Q58G4;D8'$H4$O@:45@ CFCM4:M@K94'$ @$ 98C$ 4:85O4C$ 54;F5C8C :@MF5@94C$H4$?@$!5@F;@:V@$gEF4$M74:4$;7:;8 Q@5EF4C'$C47C$54C45G@C$R$H8C$O8:FO4:M8C :@;78:@94Cg$;8:$49$A7:$H4$H7:@O7_@5$49$C4;M85 MF5VCM7;8$R$M45O7:@5$;8:$9@$4CM@;78:@97H@H'

EF4$ ;8:;4:M5@$ 9@$ O@R85$ ;@:M7H@H$ H4 G7C7M@:M4C$4:$49$G45@:8[$!$M5@GZC$H4$F:$X9@: H4$/4C@558998$NF5VCM7;8$H4$?@$!5@F;@:V@' 4:O@5;@H8$ 4:$ 49$ X9@:$ !5@F;@:V@$ *'$ C4 Q58QFC8$;8O8$O4M@$EF4$H4$@EFV$@9$012d$C4 97;7M@5@:$@9$O4:8C$;F@M58$Q@5EF4C$:@;78g :@94C=$%799@557;@'$P8:6F79978'$`F45EF4DF4$R (@DF49KFM@[ ?@$7H4@$4C$;54@5$4CQ4;74C$H4$>V;8:8CI EF4$Q45O7M@:$@M5@45$MF57CM@C$@$9@C$;8OF:@C @94H@J@C[$ >sF454O8C$ EF4$ 4k7CM@: 7:A5@4CM5F;MF5@C$H4$OFR$KF4:$:7G49'$EF4 Q45O7M@:$49$A9F\8$H4$64:M4$R$EF4$M@OK7Z: C4$D@K94$H4$499@C$4:$O4H78C$4CQ4;7@97_@H8C' ;8:$ 49$ A7:$ H4$ 4kQ@:H75$ 9@C$ A58:M45@C$ H4 :F4CM58C$ Q@5EF4C$ @$ ;8OF:@C$ ;45;@:@CI' ;F4:M@$P@598C$&C@@;C'$3454O7$H4$+;8:8OV@[ >?8C$Q@5EF4C$C8:$49$;85@_B:'$49$6@:;D8[$37 O75@O8C$4CM8$;8O8$F:$O@99'$98C$Q@5EF4C C45V@:$9@$M74:H@$@:;9@$Q@5@$@M5@45$MF57CM@CI'

0%+&"1'>1%%/1 H7;4$ @9$ 54CQ4;M8$ .8K45M$ ?4C974'$ /754;M85 .4678:@9$H4$P8:@A[ ?8$@:M45785$C4$CFO@$@$G@57@C$O4M@C$EF4 Q9@:M4@$4CM4$X9@:$Q@5@$Q8M4:;7@5$49$MF57CO8' ;8O8$Q85$4\4OQ98'$H4C@55899@5$F:$Q9@:$H4 Q8C7;78:@O74:M8$ H4$ 9@$ 7O@64:$ 54678:@9u 7OQ94O4:M@5$ 5FM@C$ MF5VCM7;@Cu$ H7AF:H75$ 4 7OQ94O4:M@5$ 5FM@C$ ZM:7;@Cu$ 64:45@5 ;8:H7;78:4C$H4$H4C@558998$H4$F:@$.4H$H4 XF4K98C$ H4$ %@985@;7B:$ xM:7;8$ PF9MF5@9u Q8C7;78:@5$9@$O@5;@$!5@F;@:V@'$7:;54O4:g M@:H8$ F:$ f1w$ 98C$ MF57CM@C$ 4kM5@:\458C eT1[111hu$4:M54$OF;D@C$8M5@C[

W9H5D5R&)5&'9!HFgF&8F:F /9!;47DD79 .8K45M$ ?4C974$ H4M@99@$ EF4$ 9@$ 7H4@$ H4 97;7M@5$]54@C$C79G4CM54C$Q58M467H@C$:@;4$M5@C 49$99@O@H8$H49$X54C7H4:M4$34K@CM7]:$X7J45@ @$ Q8M4:;7@5$ ?@$ !5@F;@:V@$ @$ M5@GZC$ H49 MF57CO8'$ @Q58G4;D@:H8$ CF$ ;8OQ8:4:M4 Q@7C@\VCM7;8$R$ZM:7;8[$>&:O4H7@M@O4:M4$:8C QFC7O8C$@$M5@K@\@5$;8:$49$4EF7Q8$Q@5@$C@;@5 @H49@:M4$9@$97;7M@;7B:$H4$@96F:8C$Q@5EF4C :@;78:@94C$H4$9@$5467B:I'$H4C;57K4'$;8O8 F:@$A85O@$H4$D@;45$F:$O@Q@$EF4$6FV4$@9 4OQ54C@578$ Q@5@$ C@K45$ HB:H4$ 7:G45M75[ /4$ 4CM4$ O8H8'$ P8:@A$ ;8O4:_B$ @ M5@K@\@5$ 4:$ ;8:\F:M8$ ;8:$ 345:@MF5$ R$ 9@ 3454O7$H4$+;8:8OV@$4:$9@$97;7M@;7B:$H49 X@5EF4$ (@;78:@9$ P8:6F79978'$ 49$ Q57O45 Q@5EF4$@$;8:;4C78:@5'$EF4$\FCM8$M45O7:@K@ CF$;8:;4C7B:$@:M45785$4:$0122[

6%?93<%1'-3'@+"A3/<"'-3'B37#$'!7&-3;371<3+C

54

P@K4$H4CM@;@5$EF4$4CM@$@5M7;F9@;7B:$AF4 @968$:8G4H8C8$@$:7G49$:@;78:@9'$R@$EF4$9865B EF4$4:$M8H8$PD794$C4$FC@5@$9@$O7CO@$AB5OF9@ R$;8O4:_@5@$F:$Q58;4C8$H4$97;7M@;7B:$Q@5@ H74_$X@5EF4C$(@;78:@94C[$>+:$?@$!5@F;@:V@ 4CM]:$ Q@C@:H8$ OF;D@C$ ;8C@CI'$ H4CM@;@ P@598C$&C@@;C[


%GBIFJA@F@

9H:9R&8:9h5/H9R !;MF@9O4:M4'$4k7CM4:$8M5@C$54C45G@C$EF4 4CM]:$C74:H8$4OQF\@H@C$@9$H4C@558998'$R@$C4@ Q85$7:G45C7B:$Q57G@H@$8$Q85$O4\85@C$EF4$:@;4: H4CH4$49$+CM@H8[$/4CM@;@'$Q85$4\4OQ98'$98$EF4 4CM]$8;F5574:H8$;8:$9@$.4C45G@$(@MF5@9$H4 ,@994;8'$F:@$H4$9@C$54C45G@C$O]C$@:M76F@C$H4 3FH@OZ57;@'$ H8:H4$ 49$ 4OQ54C@578$ .@A@49 X4MM45O@:$4CM]$;8:CM5FR4:H8$F:$D8M49$H4 O8:M@J@'$4:$M4554:8C$@94H@J8C$@9$X@5EF4' ;8:$49$;8OQ58O7C8$gM5@C$F:$;8:G4:78$;8: P8:@Ag$H4$FM797_@5$98C$4CQ@;78C$H4$9@$54C45G@ Q@5@$ @;M7G7H@H4C$ H4$ 54;54@;7B:$ ;8O8 C4:H457CO8'$;@K@96@M@C'$4M;u$H4$EF74:4C$C4 D8CQ4H4:$4:$CF$D8M49[

,"D3+<'E31&73

F3D%1<7)#'G&*%+3$

+:$ P8:6F79978$ 49$ 4OQ54C@578$ EF4$ C4 @H\FH7;B$9@$97;7M@;7B:$AF4$`47:_$W79H4O47CM45' ;8:$CF$4OQ54C@$`W$X58O8;78:4C$R$+G4:M8C ?7O7M@H@'$EF74:$Q54C4:MB$H8C$Q58R4;M8C' F:8$ Q@5@$ 49$ C4;M85$ H49$ ?@68$ P8:6F79978 e;8:8;7H8$;8O8$>9@$;@C4M@Ih$R$8M58$Q@5@ ?@6F:@$%45H4[$>+:$49$C4;M85$H4$9@$;@C4M@ :8C$H7O8C$;F4:M@$EF4$A@9M@K@:$C45G7;78C' Q85EF4$9@$K4994_@$4C$7::46@K94$Q458$:8$D@KV@ F:$4CQ@;78$Q@5@$549@\@5C4'$M4:45$G7H@$A@O797@5 8$;8OQ@5M75$;8:$98C$@O768C'$@CV$EF4$:@;7B 9@$7H4@$H4$D@;45$F:@$;@A4M45V@g54CM@F5@:M4[ N@OK7Z:$ D@;V@$ A@9M@$ O4\85@5$ 98C$ 9F6@54C H8:H4$Q45:8;M@5$R$@DV$Q4:C@O8C$4:$D@;45 F:$98H64$F$D8M49$H4$O8:M@J@I'$H7;4$?4C974[

Q@5@$F:$O]k7O8$H4$G47:M7;7:;8$Q45C8:@C' ;8:$F:@$;@:M7H@H$@Q58k7O@H@$H4$C47C$@$H8;4 D@K7M@;78:4C[$>(8$EF454O8C$@M8;D@O74:M8C :7$;@H4:@C$H4$D8M494C'$Q85EF4$4CM4$Q@5EF4 M74:4$ F:$ 9VO7M4$ R$ :8$ EF454O8C$ EF4$ C4 M5@:CA85O4$ 4:$ /7C:4R$ z859HI'$ @;9@5@$ 49 /754;M85$H4$P8:@A[

+:$4A4;M8'$4:$H7;D8$C4;M85$4k7CM4:$H8;4 ;@K@J@C$ EF4$ AF458:$ ;8:CM5F7H@C$ 4:$ 9@ HZ;@H@$H4$98C$y1$R$@954H4H85$H4$G47:M7;F@M58 C7M78C$H4$;@OQ7:6$R$9@$7H4@$4C$O4\85@5$4CM@C 7:A5@4CM5F;MF5@C'$@H4O]C$H4$;54@5$49$:F4G8 98H64$R$;@A4M45V@[$+9$C4;M85$H4$?@6F:@$%45H4 M@OK7Z:$M4:H5]$F:8$H4$4CM8C$D8M494C'$R@ EF4$9@$7H4@$4C$@Q58G4;D@5$EF4$@99V$C4$QF4H4 @;;4H45$M8H8$49$@J8'$@$Q4C@5$H4$9@$:74G4 EF4$;@4$4:$7:G745:8[

)5RF::9DD9&8F:F&5D&5!H9:!9

+9$8K\4M7G8$4C$58OQ45$9@$4CM@;78:@97H@H H4$98C$Q@5EF4C[$>+CM4$Q58R4;M8$MF5VCM7;8$H4 @9M8$:7G49$7:;9FR4$;8:CM5F;;78:4C$H4$9F\8 EF4$ Q54M4:H4:$ 7OQF9C@5$ R$ A85M@94;45$ 49 H4C@558998$ H4$ H7A454:M4C$ @;M7G7H@H4C 54;54@M7G@C$4:$49$X@5EF4$(@;78:@9$P8:6F79978' Q@5@$EF4$98C$G7C7M@:M4C$C4$H7CM57KFR@:$4: M8H8$49$@J8$R$:8$Q85$4CM@;78:4C$;8O8$4:$9@ @;MF@97H@HI'$ C4J@9@$ 34K@CM7]:$ |9G@54_' /754;M85$.4678:@9$H4$345:@MF5$!5@F;@:V@[ ?8C$D8M494C'$4C8$CV'$M4:H5]:$F:$7OQ@;M8 Q4EF4J8$4:$49$O4H78$@OK74:M4'$R@$EF4$C4 D@$;F7H@H8$576F58C@O4:M4$EF4$C4$;FOQ9@ ;8:$M8H8C$98C$4CM]:H@54C$H4$;@97H@H'$4: O@M457@$H4$;8:CM5F;;7B:$R$AF:;78:@O74:M8[ /4$D4;D8'$C4$4CQ45@$EF4$;@H@$98H64$C4@

?@C$;8:CM5F;;78:4C$;8O74:_@:$@$A7:4C H4$4CM4$0122'$;8:$F:@$7:G45C7B:$;45;@:@$@ 98C$ 0'f$ O7998:4C$ H4$ HB9@54C[$ +CM@$ :F4G@ ;8:;4C7B:$C45]$Q85$M547:M@$@J8C'$Q9@_8$EF4 F:@$G4_$G4:;7H8$H4\@5]$98C$7:OF4K94C$4: O@:8C$H49$+CM@H8$R$H@5]$Q74$@$F:@$:F4G@ 97;7M@;7B:[

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|9G@54_[

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i[$!99V$C4$4CM]$M5@K@\@:H8$4:$F: O@CM45Q9@:$EF4$7OQ97;@$F:@$97;7M@;7B:$:@;78:@9 4$7:M45:@;78:@9'$;8:$F:@$7:G45C7B:$H4$G@578C O7998:4C$H4$HB9@54C[$>+CM@O8C$M5@K@\@:H8$R@ 4:$G45$EFZ$4C$98$EF4$EF7454$9@$;8OF:7H@H 98;@9'$ 98$ EF4$ H7;4:$ 98C$ 4kQ45M8C$ R$ 98$ EF4 EF7454:$98C$7:G45C78:7CM@C[$!$9@$9@56@$EF454O8C O4\85@5$9@C$;@:;D@C$H4$C<7$R$EF4$C4$Q58HF_;@ F:$ ;4:M58$ @$ :7G49$ 7:M45:@;78:@9'$ 7:;9FC8 4CM@O8C$ Q4:C@:H8$ 4:$ M5@M@5$ H4$ D@;45$ F: Q4EF4J8$K8F94G@5H$H4$M74:H@C$R$;@A4M45V@C H8:H4$4OQ74_@:$98C$@:H@57G494C$EF4$QF4H@ AF:;78:@5$4:$G45@:8'$:8$CB98$4:$7:G745:8I' 4kQ97;@$?4C974[ !H4O]C'$R@$C4$4CM]$M5@K@\@:H8$4:$@G@:;4C Q@5@$49$X@5EF4$(@;78:@9$(@DF49KFM@'$EF4$M74:4 F:$4:85O4$@M5@;M7G8$Q458$EF4$Q8;8C$;8:8;4:' 7:;9FC8$4:$9@$5467B:[$/4$D4;D8'$4C$49$r:7;8 Q@5EF4$:@;78:@9$4:$9@$P85H79945@$H4$9@$P8CM@ H8:H4$D@R$@5@F;@57@C$R$EF4$H4CH4$;745M8$C4;M85 OF4CM5@$M8H8$49$@:;D8$H49$Q@VC'$G74:H8$Q85 F:$9@H8$9@$P85H79945@$H4$?8C$!:H4C$R$Q85$8M58 49$#;Z@:8$X@;VA7;8[ +:$ 4CM4$ C4:M7H8'$ 9@$ Q57857H@H$ Q85$ 49 O8O4:M8$Q@5@$P8:@A$4C$M5@K@\@5$4:$9@$O4\85@ H4$98C$C45G7;78C$D767Z:7;8C'$O75@H854C$R$;4:M58C H4$7:A85O@;78:4C$H4$98C$Q@5EF4C$R$54C45G@C[ X@5@$4C8$C4$4CM]$M5@K@\@:H8$;8:$9@$n:7G45C7H@H ,@R85'$EF4$4CM]$;89@K85@:H8$4:$9@$49@K85@;7B: H4$Q9@:8C$H4$O4\85@C$7:A5@4CM5F;MF5@94C$H4 98C$ Q@5EF4C'$ M4:74:H8$ 4:$ ;F4:M@$ EF4$ 9@ O@R85V@$H4$98C$MF57CM@C$C8:$MF57CM@C$H4$Q@C8' EF4$G@:$Q85$49$HV@[


%GBIFJA@F@

Q@5M7;7Q@;7B:[$+CM8$@$Q58QBC7M8$H49$M5@K@\8 EF4$ C4$ 4CM]$ D@;74:H8$ 4:$ 49$ X9@:$ H4 /4C@558998$NF5VCM7;8[

6%/%+3#%'H"++31 +9$3454O7$H4$+;8:8OV@'$EF4$@H4O]C 4\45;4$ H4$ 34;54M@578$ +\4;FM7G8$ H49$ X9@:' ;8:A75O@$ EF4$ C4$ G74:4:$ O4\85@C$ Q@5@ ;8OF:@C$;45;@:@C[$>+CM@O8C$A85M@94;74:H8 F:@$5FM@$EF4$;8:4;M4$H8C$Q898C$MF5VCM7;8C' ;8O8$XF;B:$R$%799@557;@$;8:$PF5@;@FMV:' Q@C@:H8$Q85$?8C$?@F5494C'$?@C$`85M4:C7@C' PF:;8$R$PD45EF4:;8'$H8:H4$98C$MF57CM@C QF4H@:$O765@5$H4$F:$9@H8$@$8M58$A];79O4:M4 R$ 98C$ QF4K98C$ C4$ QF4H@:$ H7:@O7_@5' Q54CM@:H8$ C45G7;78C$ ;8O8$ D8CM45V@C' 54CM@F5@:M4C'$4M;[I[ ?@$ 7H4@$ bH7;4g$ 4C$ ;8:C7H45@5$ M54C 494O4:M8C$ 7OQ85M@:M4C$ @$ 9@$ D85@$ H4 7:G45C7B:$ QrK97;@=$ ;8:4;M7G7H@H$ G7@9' C4J@9ZM7;@$R$C45G7;78C$@C8;7@H8C[$t$R@$C4$D@ @G@:_@H8'$ Q85$ 4\4OQ98$ 4:$ 49$ M5@O8 ,497Q4F;8g&;@9O@$ H8:H4$ 4:$ 0122$ C4 Q@G7O4:M@58:$ y$ <79BO4M58C$ @H7;78:@94C[ !H4O]C'$C4$D@$@Q58K@H8$F:$A8:H8$P@Q7M@9 34O799@$>-@J8C$R$P8;7:@CI'$4k;9FC7G@O4:M4 Q@5@$ 49$ 5FK58$ MF5VCM7;8'$ EF4$ Q45O7M75] 4:M546@5$F:$C45G7;78$H4$;@97H@H[

6%9+7/7"'-3&'0%#<"

_9:HFD5/75!)9&5D&H4:7R'9 346r:$9@C$@FM857H@H4C$49$@M5@;M7G8$Q@5@ 98C$ MF57CM@C$ :8$ CB98$ H4K4$ C45$ 9@$ K4994_@ 4C;Z:7;@'$C7:8$M@OK7Z:$9@$;@97H@H$H4$98C C45G7;78C$7OQ@5M7H8C'$H4$7:A85O@;7B:$R$H4 Q58HF;M8C$MF5VCM7;8C[$>N4:45$F:$D8M49'$F: 54CM@F5@:M4$:8$4C$F:$Q58HF;M8$MF5VCM7;8'$Q85 98$M@:M8$C4$:4;4C7M@$9@$@C8;7@M7G7H@H$Q@5@ EF4$C4$;8:CM5FR@:$;75;F7M8C$R$5FM@C'$Q85EF4 ;F@:H8$ G74:4$ F:$ MF57CM@$ EF7454$ 75$ 4:$ 9@ O@J@:@$@$F:@$Q@5M4$R$4:$9@$M@5H4$@$8M5@'$R M8H8$;8:$;8:A7@:_@'$;8:$C46F57H@H'$A@;797g H@H4C$H4$Q@68'$4M;[I'$C8CM74:4$49$3454O7$H4 +;8:8OV@[ +C$Q85$4C8$EF4$4:$0122$49$W8K745:8$D@ 4CM@H8$M5@K@\@:H8$4:$F:$4CMFH78'$;8:$F:@ ;8:CF9M85@$ 4CQ@J89@'$ Q@5@$ @:@97_@5$ 49 Q8C7;78:@O74:M8$ H4$ ?@$ !5@F;@:V@$ 4: Q9@M@A85O@C$7:A85O]M7;@C$R$4:$49$FC8$H4$9@C N&P}C$4:$9@$H7AFC7B:'$4CQ4;VA7;@O4:M4$4:$49 H4C@558998$H4$F:@$Q9@M@A85O@$4gH4CM7:@;7B:' Q@5@$Q58O8;78:@5$9@$5467B:$H4CH4$9@$54H' H8:H4$ D@CM@$ @D85@$ M74:4$ OFR$ Q8;@

/7_:FR 346r:$H@M8C$4:M546@H8C$Q85$49$3454O7$H4$+;8:8OV@'$HF5@:M4$98C$r9M7O8C$;F@M58 @J8C$49$:rO458$H4$G7C7M@:M4C$H4$?@$!5@F;@:V@$D@$7H8$4:$:8M@K94$7:;54O4:M8=$3B98$4: 98C$Q@C8C$A58:M457_8C$D@R$F:$fiw$O]C$H4$7:654C8u$9@$4:M5@H@$@$9@C$]54@C$C79G4CM54C Q58M467H@C$H4$9@$5467B:$D@$7:;54O4:M@H8$4:$F:$T0wu$R$49$D8CQ4H@\4$D@$M4:7H8$F: 2iw$O]C$H4$@98\@O74:M8'$C7:$;8:M@5$@$98C$MF57CM@C$EF4$D@:$Q45:8;M@H8$4:$9@C$:F4G@C 8A45M@C$MF5VCM7;@C[ X85$8M58$9@H8'$CB98$49$X@5EF4$(@;78:@9$P8:6F79978$@M5@\8$i2[20U$MF57CM@C$49$0121 eM4:74:H8$4:$;F4:M@$EF4$4:$011*$DFK8$CB98$2y[d0ih[$!9$O4C$H4$\F:78$H4$0122$R@ 994G@K@$2U[0T*'$F:$i1'd1w$O]C$EF4$49$0121$@$9@$O7CO@$A4;D@[

5/

X458$@$Q4C@5$H4$EF4$?@$!5@F;@:V@$@r: M74:4$OF;D@C$K54;D@C$EF4$C@9M@5$Q@5@$C45 F:$54A454:M4$@$:7G49$:@;78:@9$4:$MF57CO8'$49 OF:H8$Q57G@H8$G@985@$4CM4$@G@:;4'$C8K54 M8H8$ 49$ M4O@$ H4$ 7:G7M@5$ @$ 7:G45C78:7CM@C Q57G@H8C[$ >P8O8$ P]O@5@$ H4$ P8O45;78 ;544O8C$EF4$M8H@$7:G45C7B:$4:$9@$_8:@$4C OFR$KF4:@'$Q85EF4$4C8$64:45@$C45G7;78C' O@:8$H4$8K5@'$@554698$H4$;@O7:8C$R$M8H8 4C$ K4:4A7;78C8I'$ C8CM74:4$ ,@F57;78$ H49 P@:M8'$ X54C7H4:M4$ H4$ 9@$ P]O@5@$ H4 P8O45;78'$345G7;78C$R$NF57CO8$H4$N4OF;8' EF74:$ :8$ 8KCM@:M4$ D@;4$ F:$ 99@O@H8$ @9 W8K745:8$ @$ A85M@94;45$ M@OK7Z:$ 9@$ _8:@ ;8CM45@[ >+9$MF57CM@$H4$N4OF;8$4C$OFR$H7A454:M4 @9$H4$XF;B:$8$%799@557;@[$+9$MF57CO8$EF4 M4:4O8C$4:$N4OF;8$4C$H4$:468;78C$H8:H4 64:M4$ G74:4$ Q@5@$ G45$ CFC$ 4OQ54C@C$ 8$ @ ;8:G4:;78:4C'$ 4:M8:;4C$ EF4$ D@R@$ F: O4\85@O74:M8$ 4:$ Q@5EF4C$ :@;78:@94C ;45;@:8C$C76:7A7;@$EF4$4C@$Q45C8:@$4:$G4_ H4$EF4H@5C4$CB98$F:@$:8;D4'$C4$EF4H4$H8C 8$M54C$R$4C8$CB98$C4$QF4H4$8A54;45$M4:74:H8 7:A5@4CM5F;MF5@$KF4:@$4:$98C$@954H4H854CI' @6546@$,@;@54:@$N8554C'$W454:M4$H49$`8M49 .X$ H4$ N4OF;8'$ /754;M85@$ H4$ `8M496@ !5@F;@:V@$R$O74OK58'$M@OK7Z:'$H4$4CM@ P]O@5@[ +:$H4A7:7M7G@'$F:@$@QF4CM@$4:$9@$EF4 M8H8C$ ;8:;F45H@:$ C74OQ54$ R$ ;F@:H8$ C4 @C46F54$49$;F7H@H8$H49$O4H78$@OK74:M4$R 49$H4C@558998$CFCM4:M@K94'$;8:$F:$;9@58$C4998 G45H4'$H4$4CM4$M7Q8$H4$MF57CO8[$n:@$@QF4CM@ EF4$C4$CFO@$@$9@C$OF;D@C$EF4$C4$4CM]: 4G@9F@:H8$H4$@EFV$@9$A7:@9$H49$68K745:8$R EF4$9865@5]:$@5M7;F9@5$4:M54$98C$H7CM7:M8C C45G7;78C$H4$9@$5467B:$F:@$7:G45C7B:$CFQ45785 @$98C$n3~$2*1$O7998:4C$H4$HB9@54C$Q@5@$49 Q4578H8$0122$@$012d[



-?B=>EADBF


-?B=>EADBF

"'129%&P'$(90VB

J@-)/%#'/%-)=%//%5' 20&(#&L%&#E"*$0,%.0&#2&2%.%K )#.*,%2.0&C%&I%O0+&1%+-#&.#&("&-*#I10&i,"%C*-%-*$0j&%C&#(0-#+*(I0&O&C%&I%G*%M&R#+G*0&'#C2*,k&.#(,C%(*N*,% ("(&1#2(%I*#2-0(&(0K+#&C0&L"I%20&O&C0&.*$*20M&,#2-+%C*(I0&O&+#G*02%C*=%,*?2M&-#,20C0G3%&O&+%,*02%C*=%,*?2V #2&#(-%&iI%-+*Sj&-0.0&#C&I"2.0&-*#2#&%CG0&E"#&%10+-%+Q !$ 345678$ ,49:7;<'$ +;8:8O7CM@$ R LFMF5B9868'$:8$94$6FCM@$EF4$94$H76@:$K5F\8[ ?4$@M5@4$9@$O@67@'$:8$9@$K5F\45V@[$n:@$O@67@ EF4$4CM]$549@;78:@H@$;8:$49$;8:8;7O74:M8' :8$ ;8:$ 49$ FC8$ H4$ Q8H454C[$ >3V'$ R8$ C8R @Q54:H7_$H4$O@68>'$H7;4'$Q458$O@5;@$9@ H7A454:;7@$C4J@9@:H8$EF4$>9@$O@67@$4C$9@ ;8:4k7B:$;8:$98$H7G7:8$R$8Q45@$H4CH4$49 ;8:8;7O74:M8'$H4$9@C$4CM5F;MF5@C$CFKR@g ;4:M4C$ EF4$ OF4G4:$ 49$ OF:H8[$ X85$ 4C8 QF4H4C$C@;@5$4C@$7:A85O@;7B:$R$@Q97;@59@$@9 OF:H8$R$;@OK7@598I[$t$4C$EF4$@$Q4C@5$H4 EF4$ 4C$ ;8:8;7H8$ Q85$ CF$ 549@;7B:$ ;8:$ 9@ Q89VM7;@$R$CF$589$;8O8$@:@97CM@'$49$4C8M457CO8 R$49$OF:H8$4O8;78:@9$OF4G4:$65@:$Q@5M4 H4$CF$M74OQ8'$H4$D4;D8$4CM]$4CMFH7@:H8$F: ,@6VCM45$4:$37;8986V@$YF:67@:@'$>P@59$YF:6 4C$49$65@:$6F5r$H4$9@$4CQ757MF@97H@H$R$H4$9@ O@67@'I$@A75O@[

A54;F4:M4O4:M4$7:G7M@H8$@$H@5$;D@59@C$R 4kQ8:45$CFC$M485V@C$AFMF57CM@C[$(8$H4\B$@ :@H74$7:H7A454:M4$4:$+:49@$0122$;8:$A5@C4C ;8O8$>49$;8:M4:7H8$G@$;4H74:H8$Q@C8$@$9@ 4kQ4574:;7@$ R$ 9@$ 4:M54M4:;7B:I$ 8$ 9@$ O]C @Q9@FH7H@=$ >!O768C'$ 4CM@O8C$ D@CM@$ 9@ !"#$%&>[

+:$ CF$ Q@C7B:$ Q85$ 49$ O7CM4578'$ 9@ M4;:8986V@$gR$49$FC8$EF4$9@$C8;74H@H$94$4CM] H@:H8g$D@$C7H8$;9@G4'$M@:M8$EF4$98$D@$994G@H8 @$Q54H4;75$4:$EFZ$M45O7:@5]$9@$C8;74H@H$H4 @EFV$@$;7:;F4:M@$@J8C$R$H4$Q@C8$@$@C4C85@5 @$7:CM7MF;78:4C$QrK97;@C$R$Q57G@H@C$@$M5@GZC H4$CF$4OQ54C@$!:M7;7Q@'$H4CH4$H8:H4$M5@M@ H4$ Q8C7;78:@59@C$ 4:$ 49$ OF:H8$ H767M@9$ R O4\85@5$CF$;8OQ4M7M7G7H@H[$>?@$M4;:8986V@ H767M@9$4C$F:@$;8:H7;7B:$H4$;8OQ4M7M7G7H@H' R$ Q85$ 98$ M@:M8$ 9@C$ 4OQ54C@C$ M74:4:$ EF4 O8G45C4$4:$4C@$H754;;7B:'$R$9@$@H@QM@K797H@H 4C$F:@$;8:H7;7B:$H4$4CM5@M467@'$;F@:H8$49 AFMF58$4C$O4H78$K8558C8$9@$@H@QM@K797H@H 4C$F:@$;8:H7;7B:$EF4$M4$Q54Q@5@$Q@5@$EF4' G4:6@$ 98$ EF4$ G4:6@'$ Mr$ M4$ @H@QM4C$ R @Q58G4;D4CI[

Zh&#(-0&-*#2#&"2%&+#1#+,"(*?2 #2&#C&.#(%++0CC0&.#C&1%3([

+CM@$O4_;9@$H4$M4;:7;7CO8C$R$4C8M457CO8 D@;4:$ H4$ ,49:7;<$ F:$ Q45C8:@\4$ r:7;8'

>?@$ G498;7H@H$ 4C$ M@:$ 65@:H4$ EF4$ :8 M4:4O8C$M74OQ8$H4$O75@5$:7$Q@5@$@M5]C$:7 Q@5@$@H49@:M4$gH7;4g$R$4C8$C76:7A7;@$EF4$:8 @9;@:_@O8C$@$Q58AF:H7_@5$4:$:@H@$Q85EF4 C76:7A7;@$Q@5@5[$X85$4\4OQ98$Nl7MM45$4C$QF5@ CFQ45A7;74'$:7:6F:@$;8C@$Q58AF:H@$9@$QF4H4C 4C;57K75$ 4:$ ;74:M8$ ;F@54:M@$ ;@5@;M454C[ +:M8:;4C$9@C$;8C@C$Q@C@:$;8O8$M7MF9@54C[ !D85@$:@H74$C4$@;F45H@$H49$M4554O8M8$H4 Y@QB:'$8$H4$-749C@'$8$EF4$OF57B$#C@O@u$:8 @9;@:_@:$@$HF5@5$9@C$:8M7;7@CI[

P9@58'$Q85EF4$;F@:H8$:8$QF4H4C$Q@5@5 @$54A94k78:@5'$C76:7A7;@$EF4$4CM]C$O8G7Z:H8M4 4:$;8:M589$54O8M8[$37$:8$M74:4C$M74OQ8$Q@5@ O75@5$:7$D@;7@$@H49@:M4$:7$D@;7@$@M5]C'$Q@5@ H49@:M4$M4$QF4H4C$Q46@5$F:$!'($!(!()"$R Q@5@$@M5]C$M4$89G7H@C$H4$H8:H4$G74:4C[$+9 85764:$H49$D8OK54$4C$F:$O7CM4578$R$4C4 O7CM4578$C4$;8:4;M@$;8:$9@$4CQ757MF@97H@H'$R 49$AFMF58$4C$98$EF4$EF454O8C$;8:CM5F75$R$C7 :8$M4:4O8C$M74OQ8$Q@5@$O75@5$49$AFMF58$R M@OQ8;8$49$Q@C@H8'$;8554O8C$F:$574C68 ;8O8$ C8;74H@H[$ t$ 4C@$ 4C$ 9@$ ;8:H7;7B: M4;:89B67;@$ H4$ 4CM8C$ M74OQ8C'$ R@$ :8 C8K54G7G7O8C$C7:$M4;:8986V@$R$4C$499@$9@$EF4 4CM]$ 7OQ8:74:H8$ 5469@C'$ :8$ :8C8M58C[

ZW%O&#(,%1%-0+*%[ ?@$C8;74H@H$R@$:8$M74:4$@554698'$Q85EF4 9@$;7G797_@;7B:$R@$:8$QF4H4$4;D@5C4$Q@5@ @M5]C[$+9$OF:H8$M74:4$EF4$@97O4:M@5$M8H8C 98C$HV@C$@$C74M4$O79$O7998:4C$H4$Q45C8:@C' D@R$ EF4$ 4HF;@598C'$ 7:A85O@598C$ R 4:M54M4:4598C$M8H8C$98C$HV@C'$4:M8:;4C$D@R F:@$O]EF7:@$M4;:89B67;@'$F:@$4CM5F;MF5@' EF4$C7$@Q@6@C$Q85$F:$5@M8$;89@QC@'$49$OF:H8 4C$F:@$O@M57k$H4$0d$D85@C[

/0I0&#2&C%&1#C3,"C%M&Z#(&#C&L0IK+# ,%1%=&.#&#C#G*+&C%&1%(-*CC%&1%+%&$#+&#C I"2.0&,02&0-+0(&0>0(&O&(%C*+&%.#C%2-#[ +C8$4C$@$:7G49$7:H7G7HF@9$R$@DV$M8H@GV@ D@R$F:$4CQ@;78'$EF4$@$O7$\F7;78$:8$G@$@$HF5@5 O]C$H4$H8C$HZ;@H@C$O]C'$H8:H4$9@$Q45C8:@ QF4H4$M8O@5$F:@$8Q;7B:$H7CM7:M@'$Q458$4: G47:M4$ @J8C$ O]C$ :8$ C4$ G@$ @$ Q8H45[$ `8R 4CM@O8C$M8H8C$7:M45G4:7H8C'$A7;D@H8C'$4CM] M8H8$M4CM4@H8'$4C$H4;75$G@O8C$@$F:$OF:H8 H49$W5@:$`45O@:8[$?@$Q8K9@;7B:$OF:H7@9 4CM]$;54;74:H8$@$5@_B:$H4$8;D4:M@$O7998:4C H4$Q45C8:@C$Q85$@J8'$8$C4@$H4$@EFV$@9$01f1 G@O8C$@$C45$H74_$O79$O7998:4C'$7O@6V:@M4$C7 R@$4C$H7AV;79$;8:$C74M4$O79[$?8C$@97O4:M8C$G@: @$ CFK75'$ 49$ ;8K54'$ 49$ Q4M5B948'$ 98C$ M5@:Cg 6Z:7;8C$G74:4:$CV$8$CV'$9@$M4;:8986V@$G74:4 CV$ 8$ CV'$ Q458$ @9$ O7CO8$ M74OQ8$ :8C8M58C G@O8C$ @$ G7G75$ 201$ 8$ 2i1$ @J8C'$ G74:4$ 9@ K78ZM7;@'$4M;[

H0.0&C0&E"#&$#I0( #2&C%&,*#2,*%&N*,,*?2\ ?@$;74:;7@$A7;;7B:$:8$C4$D@$4EF7G8;@H8 4:$:@H@'$M8H8$98$EF4$C4$Q54H7\8$D@$8;F557H8' CB98$ ;@OK7@:$ @$ G4;4C$ 9@C$ A4;D@C[[[[[[[[[[[[

!Q/&+%09'./.&*/&(%&49'('&/11'2$%6&,%1=-'&$/&09D9$9R/09#(&*/&(%&,-'.' '0)/1+'&,/1/&/41E+???&@$&F-(.%&'+&-(/&P/419J&.'&WX&)%1/+5?

57


-?B=>EADBF

!U'0'+94/F%+&-(&1O29F'(&FE+&3'.'1/$&*&F'(%+&,1'+9.'(09/$?&@+4/F%+&.'+'=-9$9<1/.%+&'(&$% 1'29%(/$&*&'(&$/&'+41-04-1/&.'&$%+&,%.'1'+&.'$&@+4/.%6&4'('F%+&-(&@I'0-49D%&.'F/+9/.%&3-'14'6 -(&Q'29+$/49D%&.'F/+9/.%&.O<9$&*&-(&N-.909/$&.'F/+9/.%&9(3$-'(09/<$'&,%1&'$&@I'0-49D%5? )5R/5!H:FD7dF/7<!&h :5;79!FD7dF/7<!

EF4$ 9@$ /754;;7B:$ H49$ N5@K@\8$ :8$ C4@ @FMB:8O@[

Z5C&5(-%.0&L%&(*.0&,%1%=&.#&%.%1-%+(# %&C0(&2"#$0(&-*#I10([

Zh&10+&E"U&(#&I%2-*#2#2 %T2&.#1#2.*#2-#([

+9$ @Q@5@M8$ QrK97;8$ ;D794:8$ 4CM]$ ;74: @J8C$@M5@C@H8'$4CM]$@:EF798C@H8'$C8K54g H7O4:C78:@H8'$ 4C$ OFR$ O@:F@9'$ Q8;8 M4;:89B67;8$ R$ 4CM]$ 994:8$ H4$ M5@K@C$ R ;8OQ97;@;78:4C'$Q85EF4$4CM]$K@C@H8$4:$9@ H4C;8:A7@:_@[$?4$D@:$7H8$Q8:74:H8$;@O@C R$;@O@C$H4$546F9@;78:4C$R$;8:M5894C[$+:$49 C4;M85$ QrK97;8$ D@R$ 7C9@C$ OFR$ 4A7;74:M4C' ;8O8$ 9@$ M4C8545V@'$ 7OQF4CM8C$ 7:M45:8C' @96F:@C$CFQ457:M4:H4:;7@Cu$Q458$C8:$7C9@C R$ 4C@C$ 7C9@C$ M4:H5V@:$ EF4$ 7:M465@5C4[$ +C 7:;54VK94$EF4$D@K74:H8$Q@C@H8$F:@$HZ;@H@ H49$C7698$&$:8$M4:6@O8C$F:@$G4:M@:799@ r:7;@$A7C;@9'$H8:H4$Q@5@$;F@9EF745$M5]O7M4 EF4$EF7C745@C$D@;45$ZCM@$M4$@M4:H745@'$Q458 Q@5@$EF4$AF:;78:4$9@$G4:M@:799@$r:7;@$A7C;@9 4C$7OQ8C7K94$;8:$9@$9B67;@$EF4$C4$M74:4[$`8R HV@$F:$,7:7CM4578$C4$QF4H4$H4O85@5$F:$@J8 4:$97;7M@;7B:'$Q@5@$;8OQ5@5$;F@9EF745$;8C@[

Zh&E"U&(#&+#E"*#+#&1%+%&,%IK*%+[ n:@$G89F:M@H$Q89VM7;@$676@:M4C;@'$4C$F:@ Q89VM7;@$ H4$ +CM@H8$ R$M74:4:$ EF4$ D@;459@ M8H8C$98C$Q@5M7H8C$Q89VM7;8C$\F:M8C'$Q85EF4 4C$@968$OFR$H89858C8[$+C$;8O8$O@HF5@5$8 Q8H@5$F:$]5K89'$Q85EF4$QF4H4$Q@C@5$EF4 C8K54:$M547:M@$8$;F@54:M@$O79$AF:;78:@578C' 8$ D@R@$ EF4$ ;@OK7@5$ Q58;4H7O74:M8C' 546F9@;78:4C'$ ;@OK7@5$ 49$ 5FM$ H4$ 9@$ ;8:g M5@985V@'$4M;[$?@$O8H45:7_@;7B:$H49$+CM@H8 M74:4$ H8C$ 65@:H4C$ H7O4:C78:4C'$ F:@' 4:FO45@5$49$O@Q@$H49$@Q@5@M8$4CM@M@9'$4C H4;75$9@C$856@:7_@;78:4C[$`@R$EF4$G45$C7$C8: ZCM@C$9@C$EF4$M74:4:$EF4$4CM@5$8$:8$gQ85EF4 C8K5@:$OF;D@C$R$A@9M@:$8M5@Cg$R$Q85$EFZ @96F:@C$C8:$G7:;F9@H@C$R$8M5@C$7:H4Q4:g H74:M4C'$R@$EF4$Q85$4\4OQ98$:8$D@R$:7:6F:@ 5@_B:$ Q@5@$ EF4$ 49$ &(+$ 8$ P85A8$ :8$ C4@: 7:H4Q4:H74:M4C'$:8$D@R$:7:6F:@$5@_B:$Q@5@

X85EF4$:8$D@R$G89F:M@H$Q89VM7;@'$Q85EF4 C76:7A7;@$EF7M@594$Q8H45$@9$68K745:8$H4$MF5:8 R$Q85$9@$O7CO@$5@_B:$EF4$:8$C4$D@;4$9@ 54678:@97_@;7B:'$Q85EF4$49$68K745:8$;4:M5@9 :8$EF7454$Q45H45$Q8H45[$+:M8:;4C$98$Q57O458 EF4$D@R$EF4$D@;45$4C$G45$C7$9@C$Q74_@C$EF4 4CM]:$C8:$9@C$EF4$4CM]:'$R$@DV$M4$C8K5@:$8 M4$A@9M@:'$R$98$C46F:H8$4C$9@$O8H45:7_@;7B: 8Q45@M7G@'$;8:$4C@C$H8C$O75@H@C$D@R$F: ;@OK78$OFR$5@H7;@9[

Z/+##&E"#&%CGT2&G0K*#+20&(#&%-+#$%&% I0.#+2*=%+&#C&5(-%.0[ (8'$:8$D@$8;F557H8$R$;548$EF4$:8$G@$@ 8;F5575[$+9$Q57O45$45585$H4$9@$;9@C4$Q89VM7;@ ;D794:@$4C$Q8:45$98C$68K745:8C$@$;F@M58 @J8C'$Q85EF4$4CM4$4C$F:$M4O@$EF4$HF5@ O]C[$#$H4K45V@:$HF5@5$C47C$8$H4K45V@$D@K45 54494;;7B:'$Q85EF4$@;8M@5$F:$68K745:8$@ ;F@M58$ @J8C$ 4C$ @M@598$ H4$ O@:8C[$ t$ 4C@ H4;7C7B:$AF4$H4$M8H@$9@$;9@C4$Q89VM7;@'$H4$F: 9@H8$R$H4$8M58'$Q85EF4$M8H8C$4CM7O@K@: EF4$Q8HV@$6@:@5$49$8M58'$R$C7$6@:@K@$49$8M58 4:M8:;4C$EF4$4CMFG745@$;F@M58$@J8C$:8$O]C[ +:$4C4$4CEF4O@$R$;8:$4CM@$4CM5F;MF5@$:@H74 G@$@$O8G797_@5$49$+CM@H8'$:8$G48$4CQ45@:_@[ +:$;@OK78$M4:68$OF;D@$O]C$4CQ45@:_@$4: EF4$C4$54678:@97;4$R$C4$H4C;4:M5@97;4$49$Q@VC R$EF4$49$Q58K94O@$C4$@554694$4:$54678:4C[

Z6"U&I#.*.%(&L%K+3%&E"#&+#%C*=%+[ P548$EF4$98$Q57O458$4C$H4C;4:M5@97_@5 @$9@$@FM857H@H'$EF4$9@C$H4;7C78:4C$EF4$C4 M8O@:$@99]$C4$M8O4:$@;][$t$C46F:H8'$D@R EF4$H4C;4:M5@97_@5$9@C$9F;@C[$`4;D8$4C8'$49 65@:$ Q58K94O@$ 4C$ ;BO8$ ;8OK7:@5$ 9@ H4C;4:M5@97_@;7B:$;8:$49$+CM@H8$F:7M@578[$+C ;8O8$49$O@M57O8:78'$4CM]:$@OK@C$Q@5M4C'

Q85EF4$M@OQ8;8$C4$M5@M@$H4$EF4$9@C$54678:4C H4CQFZC$EF745@:$7:H4Q4:H7_@5C4$R$D@;45C4 @FMB:8O@C[$+:M8:;4C$49$+CM@H8$M74:4$EF4 Q@C@594$@FM857H@H$R$9F;@C$R$Q45O7M75$EF4 @96F:@C$@FM857H@H4C$C4@:$49467H@C[$t$R8 ;548$EF4$49$+CM@H8$H4K4$H4;7H7H@O4:M4 A@G854;45$;745M@C$;8C@C$H4$;@97H@H$H4$G7H@ H4$9@C$54678:4C$Q@5@$EF4$9@$64:M4$C4$EF4H4 8$C4$G4:6@[$t$O7$M485V@$Q@5@$EF4$C4$Q58HF_;@ 9@$H4C;4:M5@97_@;7B:$54@9$4C$EF4$9@$G7H@$4: 9@C$54678:4C$M74:4$EF4$C45$O4\85$EF4$4: 3@:M7@68'$ R$ 4C8$ 7:;9FR4$ OFR$ KF4:@ 4HF;@;7B:$R$C@9FH[$t8$4CM7O8$EF4$@$3@:M7@68 D@R$ EF4$ C@;@594$ F:$ O799B:$ R$ O4H78$ H4 Q45C8:@C[

ZF&E"U&I0.#C0&.#&1%3( .#K#&%(1*+%+&/L*C#[ t8$ ;548$ 4:$ 98C$ Q@VC4C$ A4H45@94C' C8K54M8H8$ 4:$ 49$ C7698$ &$ 4:$ EF4$ 98C ;8:A97;M8C$97OVM58A4C$C8:$O4:854C$R$:8$4CM]: 98C$Q58K94O@C$EF4$D@KV@$;74:$@J8C$@M5]C[ X85$98$M@:M8$49$A4H45@97CO8$QF4H4$AF:;78:@5 R$;548$EF4$:4;4C7M@O8C$F:$5Z67O4:$O]C A4H45@9$ R$ O4:8C$ Q54C7H4:;7@9[$ +CM@O8C H4C4EF797K5@H8C$ 4:$ 98$ 54678:@9$ R$ 4:$ 9@ 4CM5F;MF5@$ H4$ 98C$ Q8H454C$ H49$ +CM@H8' M4:4O8C$F:$+\4;FM7G8$H4O@C7@H8$AF45M4' F:$?467C9@M7G8$H4O@C7@H8$HZK79$R$F:$YFH7;7@9 H4O@C7@H8$7:A9F4:;7@K94$Q85$49$+\4;FM7G8[ +:M8:;4C$4C8$:8$4C$4CM@K94$4:$49$9@568$Q9@_8' D@R$OF;D@$;8:;4:M5@;7B:$H4$Q8H45$@DV[

ZFC&5>#,"-*$0&C#&.%&I*#.0&-#2#+ I#20(&10.#+[ P9@58'$Q85EF4$@9$A7:@9$49$@Q@5@M8$4CM@M@9' 49$+\4;FM7G8'$4C$;@C7$;8O8$F:$K8MV:'$M8H8$49 OF:H8$98$G4$;8O8$F:@$;@\@$;898;@H85@$H4 4OQ948C$R$;8C@C[$37$Mr$G4C$49$68K745:8$O797M@5 AF4$H4$H74;7C74M4$@J8C$R$9@$P8:;45M@;7B:$H4 G47:M4[$+C$OFR$O@98'$49$7H4@9$4C$EF4$:@H74 HF54$O]C$H4$H8C$Q4578H8C[$!$OV$O4$6FCM@ EF4$D@R@$@9M45:@:;7@'$Q85EF4$9@$Q89VM7;@$C4 54:F4G@'$C4$O4\85@[

!9&D5R&)F!&DF&8FRF)F P8:$9@$O7CO@$;5FH4_@$;8:$9@$EF4$D@K9@$H49$4CM@:;@O74:M8$H49$+CM@H8'$M@OK7Z:$98$D@;4$H4$9@$;9@C4$Q89VM7;@=$>N8H8C$98C$EF4$4CMFG7O8C @;M7G8C$R$;8:;74:M4C$4:$9@$ZQ8;@$H49$*i$M4:4O8C$EF4$4CM@5$AF45@[$+C$F:@$64:45@;7B:$H@J@H@[$t8$4CM8R$H@J@H8$Q85$4C@$ZQ8;@'$Q85EF4$:8C Q89@57_]K@O8C$R$:8C$8H7]K@O8C'$4:M8:;4C$M8H@$9@$64:M4$H4$O7$4H@H$:8$QF4H4$4CM@5$4:$9@$Q57O45@$9V:4@[$+9$7H4@9$4C$EF4$M4:6@O8C$F:@ 64:45@;7B:$H4$d1$8$df$@J8C$EF4$4O45\@'$Q458$:8$94C$H@:$9@$Q@C@H@[$X85$4\4OQ98'$9@$O4\85$;@5M@$EF4$M74:4$9@$/P$D8R$4C$#55468'$Q458$49$HV@ H4$9@$;85:4M@$94$G@:$@$H@5$9@$Q@C@H@[$+9$X3$Q58K@K94O4:M4$9@$O4\85$;@5M@$EF4$M74:4$4C$?@68C$z4K45$R$@DV$QF4H4$EF4$94$H4:$9@$Q@C@H@$Q85 49$@Q4997H8[$+9$XX/$4CM]$4:$;57C7C[$t$4:$98C$Q@5M7H8C$H4$9@$!97@:_@$:8$D@R$:@H74$\8G4:'$@F:EF4$S@CM$4CM]$Q494@:H8'$Q458$:F:;@$94$G@:$@$H@5$9@ Q@C@H@[$pt$4C$OFR$KF4:8$S@CMqI[

.3


[%9-$)&#)L-88#/+I 28)4%'+)/+')(%K0+&%&("+

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k7M8C

@9;@:_@H8C$Q85$49$;8:8;7H8$+:B9868$L497Q4 H4$ 389O7:7D@;$ gEF74:$ R@$ Q85$ 4C8C$ @J8C Q58HF;V@$PD@5H8::@R$4:$9@$_8:@g'$7:7;7@:$9@ Q9@:M@;7B:$ H4$ X7:8M$ (875'$ PD@5H8::@R$ R P@K45:4M$3@FG76:8:$@$M5@GZC$H4$F:$Q58R4;M8 L!N$eL8:H8$H4$!C7CM4:;7@$NZ;:7;@h$@$;@568 H49$ +:B9868$ Y8564$ ?47G@$ R$ 9@$ &:64:7458 !65B:8O8'$#57@:@$38M8'$4\4;FM@H8$Q85$9@ P8:CF9M85@$!65@57@'$H@:H8$85764:$@$4CM@ @C8;7@;7B:'$H4:8O7:@H@$%7J@C$H4$,@994;8' EF74:4C$;8O4:_@58:$@$Q58HF;75$98C$G7:8C O]C$@FCM5@94C$H4$PD794$R$H4$3FH@OZ57;@[

>?8C$@657;F9M854C$H4;7H7458:$G45$EFZ Q@C@K@$ 4:$ CFC$ ;@OQ8C$ R$ H7458:$ 49$ CV$ @9 Q58R4;M8I'$;F4:M@$#57@:@$38M8'$W454:M4$H4 %7J@C$H4$,@994;8[$`8R$4C8C$Q58HF;M854C= Y8CZ$?F7C$,8:64'$,@5V@$%7;M857@$X4M45O@::' ?F7C$34Qr9G4H@'$L45:@:H8$P85MZC$R$!9A8:C8 {@:4MM7'$M5@K@\@:$Q85$4:;8:M5@5$9@$A85O@$H4 Q58HF;75$>49$O4\85$G7:8$H49$CF5$H4$PD794I' ;8O8$H7;4$%7;M857@$X4M45O@::'$R$@H4O]C' ;54@5$ F:$ Q58HF;M8$ EF4$ M4:6@$ KF4:@ ;8O45;7@97_@;7B:'$M@:M8$4:$PD794$;8O8$4: 49$4kM5@:\458[


%GBIFJA@F@

DF&4!7<!&WF/5&DF&_45:d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eX58A8h H4$ P85A8$ K@\8$ 49$ :8OK54$ H4$ %7J@C$ H4 ,@994;8[

8=AF?F"#CBC

W5@;7@C$@$4CM8$D@:$Q8H7H8$;8OQ@5M75 7:A85O@;7B:$C8K54$O45;@H8C'$@HEF7575$49 M@O@J8$OV:7O8$:4;4C@578$Q@5@$@Q58G4;D@5 9@C$4;8:8OV@C$H4$4C;@9@'$R$9865@5$F:@$O@R85 A94k7K797H@H$Q@5@$@;;4H45$@$98C$O45;@H8C 698K@97_@H8C'$R$D@CM@$D@:$G7@\@H8$@$+CM@H8C n:7H8C$Q@5@$;8:8;45$H7A454:M4C$4kQ4574:;7@C R$@Q54:H45$C8K54$;@H@$F:@$H4$499@C[$`8R'$@ M5@GZC$H49$X58A8'$98C$4OQ54C@578C$4CQ45@: C46F75$@OQ97@:H8$CF$CFQ45A7;74$H4$FG@C$4 7OQ94O4:M@5$F:@$K8H46@$Q@5@$54@97_@5$9@ G7:7A7;@;7B:$EF4$@;MF@9O4:M4$54@97_@:$4: 3@:M7@68[ 37$ K74:$ 98C$ ;8:8;7O74:M8C$ H4$ 4CM8C @657;F9M854C$4:$9@$O@M457@$45@:$K@CM@:M4 4C;@C8C$4:$F:$;8O74:_8'$65@;7@C$@9$97H45@_68 H4$389O7:7D@;'$>49$6F5r$H49$Q58R4;M8I$;8O8 94$H7;4$,@5V@$%7;M857@$X4M455O@::'$AF458: @Q54:H74:H8$ H4$ @$ Q8;8$ R$ D8R$ R@$ C4 H4C4:GF49G4:$;8:$H4CM54_@[

A7!9R&/9!&H9645&R4:5g9 KCDL":IAD"HC?M>

!F:EF4$ 4CM8C$ G7:8C$ C4$ 49@K85@:$ 4: Q4EF4J@C$;@:M7H@H4C'$C8:$r:7;8C$R$H7A454:M4C @$98$EF4$8A54;4:$9@C$Q57:;7Q@94C$G7J@C$H4$9@ _8:@$ ;4:M5@9'$ H8:H4$ C4$ Q58HF;4:$ F:8C EF7:;4$O79$<798C$Q85$D4;M]54@'$O74:M5@C$EF4 4:$,@994;8$H4$H8C$O79$@$M54C$O79$<798C$Q85 D4;M]54@[ ?8C$G7:8C$H4$,@994;8$C4$;@5@;M457_@:$Q85 F:@$@;7H4_$OFR$Q@5M7;F9@5'$M8EF4C$A5FM@94C 7:M4:C8C$EF4$94C$8M856@:$F:@$A54C;F5@$C7: 76F@9'$EF4$CB98$C4$;8:C76F4$4:$;97O@C$A5V8C' 99FG78C8C$R$4:$4CM4$;@C8'$4:$M455875C$EF4$C4 FK7;@:$ 4:$ 98C$ K85H4C$ H4$ 9@C$ O794:@57@C O8554:@C$ 69@;7@54C$ H4CQ54:H7H@C$ H49 C74OQ54$@;M7G8$G89;]:$?9@7O@'$EF4$C7MF@H8 4:$Q94:@$;85H79945@$H4$?8C$!:H4C'$D@$C7H8$49 Q57:;7Q@9$54CQ8:C@K94$H4$9@$A85O@;7B:$H4$98C CF498C$H4$4CM@$M7455@[ >W5@;7@C$ @$ 4CM8C$ A@;M854C$ :@MF5@94C D4O8C$ @9;@:_@H8$ F:$ :7G49$ H4$ ;@97H@H CFQ45785[$(8C$H7A454:;7@$;8:$9@C$G7J@C$H4

HF=NF"OAGBC=AF"P>B>=;F??

.5


%GBIFJA@F@ O]C$ @9$ :85M4$ EF4$ M74:4:$ EF4$ Q8:4594 EFVO7;8C$ Q@5@$ 9865@5$ F:@$ @;7H4_ H4M45O7:@H@[$+998C$D@;4:$G7:8C$4:$O@R85 ;@:M7H@H'$:8C8M58C$D@;4O8C$G7:8C$H4$O4\85 ;@97H@H$R$Q@5@$64:M4$4:M4:H7H@I'$@A75O@$Y8CZ ?F7C$,8:64'$F:8$H4$98C$C8;78C$HF4J8$H4$9@ G7J@$Y8CZ$-F:CM45[ X458$:8$D@$C7H8$A];79[$,@5V@$%7;M857@ X4M45O@::$C@K4$H4$4CM8'$499@$;F4:M@$;8: 2'f$D4;M]54@C$H4$PD@5H8::@R$4:$F:@$9@H45@ H4$ CF$ AF:H8$ 4:$ X45EF4:;8[$ P8O4:_B Q58HF;74:H8$O79$K8M499@C$4:$49$011f'$@9$@J8 C76F74:M4$CFC$Q9@:M@;78:4C$C4$Q45H7458:$Q85 ;8OQ94M8$H4K7H8$@$9@C$D49@H@C$R$49$011* CFA54$:F4G@O4:M4$F:@$K58M7M7C$4:$CFC$FG@C QFH574:H8$CF$Q58HF;;7B:[$.4;7Z:$4:$49$011y QFH8$G89G45$@$G7:7A7;@5$CF$!9M8$?@C$W54H@C W5@:$.4C45G@$PD@5H8::@R[

7!!9AF!)9&/9!&/FD7)F) X@5@$@C46F5@5$9@$;@97H@H$H49$G7:8$4C :4;4C@578$F:$9@568$Q58;4C8$EF4$7:;9FR4' Q54;7C@O4:M4'$M57F:A@5$4:$;8:;F5C8C :@;78:@94C$R$Q54C4:M@5C4$4:$49$OF:H8[ !CV$98$C4J@9@$.7;@5H8$!57_MV@'$/754;M85 (@;78:@9$ H49$ &:CM7MFM8$ H4$ /4C@558998 !658Q4;F@578$e&(/!Xh'$R$@6546@$>Q85 4C8'$C7$D@R$64:M4$\F6@:H8$@$6@:@H85 K74:G4:7H8$C4@'$R$8\@9]$M4:6@:$Zk7M8$4: M8H8$49$4OQ54:H7O74:M8'$Q85EF4$H4 4C@$A85O@$C4$G@:$H4C@55899@:H8$:F4G8C :468;78CI'$H7;4[ X85$ CF$ Q@5M4$ 49$ 4OQ54C@57@H8 M@OK7Z:$ D@$ G@985@H8$ 49$ 4CAF45_8$ H4 4CM8C$ Q58HF;M854C[$ >37$ C4$ 4CM] H4C@55899@:H8$ F:$ Q58HF;M8$ ;8: ;@5@;M45VCM7;@C$4CQ4;7@94C$;8O8$ZCM4' D@R$EF4$H4CM@;@598'$Q85$9@$7::8G@;7B: R$ 49$ H4C@558998'$ D@R$ EF4$ H@594$ F:@ Q@9@K5@$H4$]:7O8$Q85EF4$;F@:H8$D@R Q58HF;M8C$H7A454:;7@H854C$R$EF4$FC@: M4;:8986V@$R$@H4O]C$Q45M4:4;4:$@$F: 5FK58$ EF4$ M74:4$ Q54CM7678$ 4:$ 49 4kM5@:\458$ ;8O8$ Q@VC'$ R8$ ;548$ EF4 @55@CM5@$@$M8H8C$98C$4OQ54C@578C$EF4 KFC;@:$:F4G8C$:7;D8C$R$:F4G8C$G@9854C[ !CV$EF4$C7$%7J@C$H4$,@994;8$94$H@$F:@ ;@M4685V@$R$F:$:8OK54$@9$Q@VC'$R$Q85 CFQF4CM8$ 54CQ@9H@$ @$ 9@$ 5467B:' K74:G4:7H8C$ C4@:'$ R@$ EF4$ Q45C8:@C ;8O8$ ZCM@C$ D@;4:$ EF4$ 49$ Q@VC$ C4@ 54;8:8;7H8I'$ C8CM74:4$ ?854:_8 P8:CM@:C'$ X54C7H4:M4$ H4$ 9@ P8:A4H45@;7B:$H4$9@$X58HF;;7B:$R$49 P8O45;78$ePXPh[

37MF@;78:4C$ C7O79@54C$ D@:$ G7G7H8$ 98C H4O]C$C8;78C'$Q458$;@H@$F:8$54;8:8;4$EF4 D@R$ EF4$ M4:45$ Q@C7B:$ R$ ;8:CM@:;7@$ Q@5@ C46F75$@H49@:M4[

4!F&H:F)7/7<!&9DA7)F)F H:F^)F&FD&8:5R5!H5 `@K9@5$H4$G7J@C$4:$?@$!5@F;@:V@$CF4:@ K@CM@:M4$Q4;F97@5$4:$:F4CM58C$M74OQ8C'$Q458 9@$G45H@H$4C$EF4$9@$D7CM857@$:8C$OF4CM5@ EF4$D@;4$K@CM@:M4C$@J8C$@M5]C'$M4:45$G7J@C 4:$4CM@$_8:@$45@$@968$;8Or:[$+:$2ff1$;8: 9@$9946@H@$H4$98C$;8:EF7CM@H854C$4CQ@J894C' C4$ ;8:8;4:$ 9@C$ Q57O45@C$ :8M7;7@C$ H4 Q9@:M@;78:4C$ 4:$ 9@$ @;MF@9$ .467B:$ H4$ ?@ !5@F;@:V@[$?@C$O7C78:4C$;@MB97;@C$C4$7:M45:@: 4:$98C$M4557M8578C$FK7;@H8C$H49$-V8$-V8$@9$CF5' 9@$:4;4C7H@H$H4$;8:M@5$;8:$G7:8$Q@5@$49 ;F9M8$98C$7OQF9C@$@$4CM@K94;45$Q4EF4J8C G7J4H8C$EF4$9F468'$M5@C$9@$6F455@$H4$!5@F;8' AF458:$H4CM5F7H8C[ +:$2yUf'$H8C$;898:8C$4F58Q48C'$?F7C /FA4F'$4:$CF$D@;74:H@$sF79EFZ:$R$H8:$Y8CZ

-F:CM45$4:$D@;74:H@$3@:$Y8CZ'$@94H@J8$@ N5@76FZ:'$ Q9@:M@58:$ G7J@C$ H4CM7:@H@C$ @ 49@K85@5$ G7:8C$ R$ @6F@5H74:M4$ @$ 4C;@9@ 7:HFCM57@9[$ +:$ 2U1f$ 9946@58:$ 98C$ ;898:8C 7M@97@:8C$@$9@$_8:@'$H8:H4$C4$7:7;7@$4:$A85O@ K@CM@:M4$64:45@97_@H@$9@$Q9@:M@;7B:$H4$G7J@C M5@VH@C$H4CH4$CFC$9F6@54C$H4$85764:$4:$9@ _8:@$H4$;898:7_@;7B:$esF4;D4546F@C'$XF5Z:' X45EF4:;8'$W@9G@57:8$R$P@Q7M]:$X@CM4:4h[ +9$Q58HF;M8$C4$H4CM7:@K@$@$C@M7CA@;45 9@C$:4;4C7H@H4C$H4$;8:CFO8$H4$M7Q8$A@O797@5[ N5@H7;7B:$EF4$HF5B$D@CM@$2UTf$;F@:H8$98C G7J4H8C'$ EF4$ D@CM@$ 4:M8:;4C$ M4:V@: Q58HF;;78:4C$;45;@:@C$@$98C$;74:$O79$97M58C' AF458:$ @55@:;@H8C$ Q85$ 4A4;M8$ H4 ;F4CM78:@H@C$Q89VM7;@C$QrK97;@C$H4$4C8C$@J8C R$@$9@$A@9M@$H4$M4;:8986V@[ `8R'$ 4CM@$ :F4G@$ G@9857_@;7B:$ H4$ 9@C M7455@C$H4$?@$!5@F;@:V@$R$9@$G@94:MV@$H4$4CM8C @657;F9M854C$D@:$@Q85M@H8$@$9@$4;8:8OV@ 54678:@9$R$:@;78:@9'$@H4O]C$H4$64:45@5$F:@ A@O@$EF4$R@$D@$C@97H8$AF45@$H4$:F4CM5@C M7455@C'$ R@$ EF4$ 49$ 011U$ ,@5V@$ %7;M857@ X4M45O@::$;8:$CF$PD@5H8::@R$6@:B$F:@ O4H@99@$H4$Q9@M@$4:$-5FC49@C[$t$@F:EF4$:8 M8H8C$ ;8:8;4:$ 4CM8C$ G7:8C'$ OF;D@C @FM857H@H4C$ G@985@:$ 49$ Q58R4;M8$ R$ 9@ 7:7;7@M7G@$H4$4OQ54:H45$;8:$F:$Q58HF;M8 :8$M5@H7;78:@9$4:$9@$5467B:[ !;MF@9O4:M4'$%7J@C$H4$,@994;8$4CM] Q58HF;74:H8$ @954H4H85$ H4$ C47C$ O79 EF7:74:M@C$K8M499@C$e4:$PD794$C4$4:;F4:M5@: 4:$54CM@F5@:M4C'$D8M494C$H4$3@:M7@68'$?@ P@G$R$49$,F:H8$H49$%7:8h$R$Q9@:4@:$G@578C G7@\4C$@9$4kM5@:\458$Q@5@$QFK97;7M@5$CFC$G7:8C' 4:M54$4998C$-5@C79[$+C$EF4$4CM@$7:7;7@M7G@$4C F:$ 4\4OQ98$ H4$ ;8:CM@:;7@$ R$ A4$ 4:$ 98C 54CF9M@H8C$Q85$49$@5HF8$M5@K@\8$4:$4EF7Q8' Q458$CF$@Q85M4$M@OK7Z:$M74:4$EF4$G45$;8: F:$54C;@M4$H4$@968$EF4$45@$Q58Q78$H4$9@ 5467B:$D@;4$@J8C'$F:$54C;@M4$EF4$D@$M5@VH8 H4$GF49M@$9@$Q58HF;;7B:$H4$G7J@C$4:$9@$_8:@[[[

!;1/09/+&/&'+4%+&3/04%1'+&(/4-1/$'+&)'F%+&/$0/(R/.% -(&(9D'$&.'&0/$9./.&+-,'19%1?&U%+&.93'1'(09/&0%(&$/+ D9Y/+&.'&FE+&/$&(%14'&=-'&49'('(&=-'&,%('1$'&=-HF90%+ ,/1/&$%21/1&-(/&/09.'R&.'4'1F9(/./?&@$$%+&)/0'(&D9(%+ '(&F/*%1&0/(49./.6&(%+%41%+&)/0'F%+&D9(%+&.'&F'I%1 0/$9./.&*&,/1/&2'(4'&'(4'(.9./56 7N%+O&Q-9+&P%(2'6&.-'Y%&.'&$/&D9Y/&N%+O&Z-(+4'1>?

..



HA=F@FD

!]*&(-(0/6&(-(0/&1'(-(09'+&/&4-+&+-'Y%+6&,'1+H2-'$%+ /,/+9%(/./F'(4'&*&+9&(%&$%+&0%(+92-'+6&(%&9F,%14/6&'$&+%$% 1'0%11'1&'+'&0/F9(%&)/<1E&D/$9.%&$/&,'(/&D9D91&*&%I/$E&'$ +-'Y%&=-'&,'1+92/+&+'/&'$&+-'Y%&9F,%+9<$'56 7:'$9,'&K-<9$$%+&S&A'F-0%6&@('$/&W^_^>?

D+G"#)L#(-$S *"%$%$)6)*-;G%+$ [-2%&K-F+9$$' C90'11'04%1 \(9D'1+9./.&P/*%1

&:7;7@5$;8:$4CM@$A5@C4$F:$@5MV;F98$4:$EF4 C4$O4$Q7H4$54A94k78:@5$C8K54$49$@Q85M4$H4 9@$4HF;@;7B:$F:7G45C7M@57@$@$9@$5467B:$Q8H5V@ 54CF9M@5'$ Q@5@$ OF;D8C'$ F:$ 4\45;7;78$ O]C ;45;@:8$@$;745M@$7:64:F@$54MB57;@$EF4$@9 Q5@6O@M7CO8$@:@9VM7;8$FCF@9$4:$49$94:6F@\4 @;@HZO7;8[$ ?8$ EF4$ 994:@$ H4$ C4:M7H8$ 9@ @A75O@;7B:$54;867H@$49$Q@C@H8$0121'$4:$49 8;M@G8$ +:;F4:M58$ +OQ54C@57@9$ H4$ ?@ !5@F;@:V@$ e+:49@h'$ 4C$ 9@$ 7:;F4CM78:@K94 ;8D454:;7@$4:M54$98C$H7;D8C$R$98C$D4;D8C$4: 9@$G7H@$H4$EF74:$9@$FCB$4:$CF$Q54C4:M@;7B: @$:F4CM5@$;8OF:7H@H[$L497Q4$PFK7998C$O4_;9B ;7A5@C$ R$ 4O8;78:4C$ @9$ D@K9@5:8C$ H4$ 9@ 856@:7_@;7B:$ EF4$ ;54B$ eH4C@A7894G@:M4g O8C;D794[;9h'$@$Q8;8C$HV@C$H49$M4554O8M8' ;8:$49$Q58QBC7M8$H4$54;8:CM5F75$98$Q45H7H8 Q8:74:H8$4:456V@'$G89F:M@H$R$M@94:M8$@9 C45G7;78$H4$9@C$Q45C8:@C[ %7G7O8C'$4:$49$]OK7M8$H4$9@$4HF;@;7B:' F:$M74OQ8$H4$;@OK78C$G45M767:8C8C$R$Q85 4CM8C$ HV@C$ D@K7M@O8C$ F:@$ ;57C7C$ EF4$ C4 O@:7A74CM@$;8M7H7@:@O4:M4$H4$O79$O@:45@C[ 37$ @OQ97@O8C$ 9@$ O75@H@'$ G454O8C$ EF4 :F4CM5@$ ;8:M7:64:;7@$ 54A94\@$ F:$ ;@OK78 698K@9$R$;7G797_@M8578'$EF4$7:G89F;5@$9@$;F9MF5@ H4$F:$OF:H8$4:$Q58;4C8$H4$54H4A7:7;78:4C 4CM5F;MF5@94C[ ?@$n:7G45C7H@H$4C$F:$4CQ@;78$Q57G794g 67@H8$Q@5@$54C7H75$4:$4CM@$D85@'$QF4C$:F4CM58 8A7;78$ g4:$ 98$ AF:H@O4:M@9g$ 4C$ Q4:C@5' ;8:8;45'$@Q54:H45$R$;54@5[$3B98$Q8H4O8C Q58HF;75$R$;8OQ@5M75$;8:8;7O74:M8$H4CH4 9@$;8:G7;;7B:$H4$EF4$98$r:7;8$Q45O@:4:M4 4$7:4G7M@K94$4:$9@$4kQ4574:;7@$DFO@:@$4C$49 ;@OK78'$R@$EF4$4CM]$4:$9@$K@C4$H4$M8H8 @Q54:H7_@\4$C76:7A7;@M7G8[ /4CH4$ 4CM@$ 9B67;@'$ 4:$ 98$ 54678:@9 Q@5M7;7Q@O8C$H49$Q58R4;M8$n:7G45P7FH@H'

7OQF9C@H8$Q85$P85Q@5@F;@:V@[$%@985@O8C 4CM@$ 7:7;7@M7G@$ EF4$ Q58Q8:4$ M@54@C$ @$ 9@C F:7G45C7H@H4C$H4$9@$5467B:'$D@;7Z:H8:8C Q@5M4$H4$F:@$4CM5@M467@$H4$H4C@558998$EF4 4CM7O8$G7@K94'$\FCM@O4:M4'$Q85EF4$Q8M4:;7@ 9@$C7:4567@$4:M54$9@C$H7G45C@C$Q58QF4CM@C @;@HZO7;@C$7:C45M@C$4:$9@$5467B:[[[[[[[[[[[[[[[ P7A5@C$H4$n:7G45P7FH@H$7:H7;@:$EF4$4: N4OF;8$54C7H4:$D8R$@954H4H85$H4$di$O79 4CMFH7@:M4C'$ @;@HZO7;8C$ H4$ 4HF;@;7B: CFQ45785$ R$ Q45C8:@9$ 976@H8$ @9$ EF4D@;45 4HF;@M7G8$4:$4CM4$:7G49$H4$4:C4J@:_@[$/4 @;F45H8$@9$P4:C8$0110'$4CM4$;8:\F:M8$H4 Q45C8:@C$ 54Q54C4:M@:$ 49$ 2dw$ H4$ 9@ Q8K9@;7B:$ 54678:@9[$ n:@$ H4;4:@$ H4 F:7G45C7H@H4C$8Q45@:H8$4:$9@$;@Q7M@9$H4$9@ 5467B:$ O]C$ Q8K54$ H49$ Q@VC'$ 7OQ97;@:$ 9@ ;8:A9F4:;7@$H4$F:@$4:85O4$;@Q@;7H@H$H4 64:45@5$49$K74:$O]C$G@985@H8$4:$9@$C8;74H@H ;8:M4OQ85]:4@=$;8:8;7O74:M8$DFO@:8[ n:$54;F5C8$:@MF5@9'$7:@68M@K94'$@O76@K94 ;8:$49$O4H78$@OK74:M4$4$7:CFCM7MF7K94$@$9@ D85@$H4$Q8M4:;7@5$98$O4\85$H4$9@C$Q45C8:@C= 9@$;@Q@;7H@H$H4$;5445$R$;54@5[ P544O8C$ EF4$ M74OQ8C$ H4$ 65@:H4C H4C@AV8C'$C8:$8Q85MF:7H@H$Q@5@$65@:H4C Q58QF4CM@C[$P8O8$n:7G45C7H@H$@CFO7O8C 9@$O4M@$7:CM7MF;78:@9$H4$O8M7G@5$4:$@9FO:8C R$ @;@HZO7;8C$ 49$ ;8OQ58O7C8$ ;8:$ 9@ ;8OF:7H@H$ 54678:@9$ EF4$ :8C$ ;8K7\@' D@;74:H8$H49$H4C@558998$O@M457@9'$;F9MF5@9 R$ 4CQ757MF@9$ H4$ ?@$ !5@F;@:V@$ 49$ CF4J8 ;894;M7G8$ EF4$ H@$ C4:M7H8$ @$ :F4CM58 EF4D@;45[$ /4CH4$ 4CM@$ O4M@$ ;8Or:' O75@O8C$H4$A54:M4$9@$;57C7C$H4$4CM8C$HV@C$R Q58R4;M@O8C$49$589$EF4$EF454O8C$;FOQ975 4:$CF$CFQ45@;7B:'$;8OQ58O4M7H8C$;8:$9@C Q45C8:@C$ R$ 9@$ ;8OF:7H@H$ H4$ 9@$ EF4 A85O@O8C$Q@5M4[

.0


+?AGAFBAEFD

A'F-0%&\(9D'1K9-./.&*&KUKG

<+"(-8#/%#'&+)Z#;./+)/+;+)/-,%(-8)&#)8-

,"C-"+%&O&#C&,020,*I*#2-0

@-$)R.#88-$)&#)!-G8+)B#".&-)+)7-G"%#8-)L%$("-8S)8-)=.#"\-);-,./R#S)#8)#'(+"'+ ,-%$-30$(%/+)6)8-)-;,8%-):-;-)&#)#4#'(+$)-"(0$(%/+$)6)-/-&];%/+$)R-/#')&#)Z#;./+ .'-)/%.&-&)^'%/-U)E,"+4#/R-'&+)#$(-)/+'&%/%5')6)#8)/+'+/%;%#'(+)H.#):#'#"-')8-$ .'%4#"$%&-&#$S)Z#;./+)A'%4#"*%.&-&)/+;#'\5)-)("-G-3-")#$("-(]:%/-;#'(#)/+')#8 *+'$#3+)B-/%+'-8)&#)8-)*.8(."-)6)8-$)E"(#$)E"-./-'0-)_*B*E`S)/+')#8)=%')&#),+(#'/%-" #$(#);+4%;%#'(+)/.8(."-8U


+?AGAFBAEFD

I3#J%;:#'K"83& PF4:M@$9@$D7CM857@$EF4$;F@:H8$W@K5749@ ,7CM5@9$G7GV@$4:$N4OF;8'$4:$9@$HZ;@H@$H49 G47:M4'$Q@C@K@$Q@5M4$H4$CFC$HV@C$4:$49$4kM7:M8 `8M49$P8:M7:4:M@9$R$EF4$@99V$D@K5V@$;8:8;7H8 @$F:$\8G4:$(4AM@9V$.4R4C[$x9'$C74:H8$Q@5M4 H49$65FQ8$>+9$!M4:48$?7M45@578I$H49$?7;48$H4 `8OK54C$H4$N4OF;8'$94$OF4CM5@$CFC$Q84CV@C R$ ZCM@$ EF4H@$ A@C;7:@H@$ ;8:$ 49$ :7G49$ H49 OF;D@;D8'$EF74:$@9$Q8;8$M74OQ8$H4CQFZC A75O@5V@$CFC$;54@;78:4C$Q85$Q57O45@$G4_$4: 9@$ ;7FH@H$ ;8O8$ X@K98$ (45FH@[$ +C$ 4: N4OF;8'$4:M8:;4C'$H8:H4$:@;4$4CM4$65@: 4C;57M85[ >`@R$F:@$65@:$;@:M7H@H$H4$4kM5@:\458C EF4$G7C7M@:$N4OF;8$;8:$9@$4CQ45@:_@$H4 4:;8:M5@5$@96F:@C$DF499@C$H4$(45FH@'$Q458 :8$4:;F4:M5@:$5@CM58C$:7$EF7Z:$98C$6FV4[ -FC;@:$49$O8:FO4:M8$@$(45FH@$R$:8$D@R[ `@K5V@$EF4$KFC;@5$O@:45@$H4$D@;45$G7C7K94 4C@C$DF499@C'$98$O4\85$4C$D@;4598$@$M5@GZC H4$ CF$ Q84CV@'$ EF4$ CF$ Q84CV@$ 4CMZ$ 4:$ 9@C ;@994C'$@$9@$G7CM@I'$Q58Q8:4$49$4C;57M85$WF7H8 +RM49[ t$ 4C$ EF4$ 5494G@5$ 9@$ 7OQ85M@:;7@$ H4 (45FH@$4:$N4OF;8$4C$F:@$H4$9@C$M@54@C Q4:H74:M4C$H4$9@$5467B:$R$9@$;7FH@H'$C74:H8 F:@$H4$9@C$EF4$O]C$A5FM8C$Q8H5V@$64:45@5 4:$ O@M457@$ ;F9MF5@9[$ X85$ 4C8$ 4C$ EF4$ 9@ 3454OV@$H4$-74:4C$(@;78:@94C$4CM4$@J8$D@ H@H8$F:$Q57O45$Q@C8$Q@5@$Q8M4:;7@5$49$M4O@' @$M5@GZC$H4$9@$;54@;7B:$H4$9@$.FM@$X@M57O8:7@9 `F499@C$ H4$ X@K98$ (45FH@'$ EF4$ KFC;@5] H7AF:H75$98C$4CQ@;78C$H8:H4$ZCM4$G7G7B$8

2738"'I3#%*3#<3 Q@5M7;7QB$4:$9@$;7FH@H[ +CM@$5FM@$G4:H5]$@$CFO@5C4$@$F:@$@OQ97@ @;M7G7H@H$;F9MF5@9$EF4$4CM]$;8OF:7;]:H8C4 Q8;8$@$Q8;8$4:$N4OF;8[$P@H@$G4_$C8:$O]C 98C$4CQ@;78C$EF4$A8O4:M@:$9@$G7H@$@5MVCM7;@' H4Q85M7G@$R$@;@HZO7;@$4:$9@$;7FH@H[$P7;98C H4$;7:4$65@M7C$4:$9@C$F:7G45C7H@H4C'$;D@59@C R$C4O7:@578C$;8:$7OQ85M@:M4C$@;M854C$H49 OF:H8$H4$9@$;F9MF5@$R$9@$;74:;7@'$;8:;745M8C H4$@5M7CM@C$:@;78:@94C$R$4kM5@:\458C'$4M;[ 3B98$4CM4$@J8'$;@:M@:M4C$;8O8$X4H58$!_:@5' S4G7:$Y8D@:C4:'$@H4O]C$H4$65FQ8C$;8O8 /44Q$XF5Q94'$9946@58:$D@CM@$9@$;@Q7M@9$H4$?@ !5@F;@:V@'$@Q58G4;D@:H8$9@$7:A5@4CM5F;MF5@ M4OFEF4:C4$ Q@5@$ 4CM4$ M7Q8$ H4$ 4G4:M8C[ !$98$@:M45785'$@H4O]C'$C4$@HD7454$M8H@ 9@$ 57EF4_@$ O@QF;D4$ EF4$ Q54C4:M@$ ?@ !5@F;@:V@'$H8:H4$49$0dw$H4$9@$Q8K9@;7B: M8M@9$H4$9@$5467B:$4C$H4$4CM@$4M:7@'$R$EF4$4: A85O@$M5@:CG45C@9$4CM]$Q54C4:M4$4:$;@H@ O8O4:M8[$ +CM4$ 0122$ C4$ 994GB$ @$ ;@K8$ 49 >Nk@lF:=$ +:M54$ ?9FG7@$ R$ -58M4CI'$ F: 4:;F4:M58$EF4$;8:MB$;8:$OF4CM5@C$@5MVCg M7;@C'$6@CM58:BO7;@C'$@5M4C@:V@$R$9@$QF4CM@ 4:$ 4C;4:@$ H4$ F:@$ 54Q54C4:M@;7B: M4@M5@97_@H@$H49$4Q4l'$8$:@55@;7B:$O@QF;D4' EF4$549@MB$49$4:;F4:M58$4:M54$H8C$AF45_@C= Nk46$Nk46$R$S@R$S@R$A79Fu$M5@:CA85O]:H8C4 4:$F:$D7M8$;F9MF5@9$Q@5@$9@$5467B:'$EF4$:F:;@ D@KV@$M4:7H8$F:$4G4:M8$H4$4CM4$M7Q8$4:$9@ X9@_@$H4$!5O@C$H4$9@$;7FH@H[ W9857@$ !:l@:HM45'$ W454:M4$ H4$ 9@ P85Q85@;7B:$PF9MF5@9$H4$N4OF;8'$C8CM74:4

67893&'I3/L3+ EF4$4A4;M7G@O4:M4$F:@$H4$9@C$A85M@94_@C$H4 N4OF;8$4C$>9@$;84k7CM4:;7@$H4$H8C$;F9MF5@C' F:@$O@QF;D4$R$8M5@$;D794:@'$EF4$;84k7CM4: 4:$ F:$ O4H78$ C7O79@5'$ Q45O7M74:H8$ 4:$ 9@ O@R85V@$H4$98C$;@C8C$EF4$F:@$8KC45G4$@$9@ 8M5@'$54C@9M@:H8$4:$4CM4$;@C8$@$9@$;F9MF5@ O@QF;D4'$ Q8:7Z:H89@$ ;8O8$ 8K\4M8$ H4 @HO75@;7B:'$4kQ85M@;7B:$R$54A454:M4$;F9MF5@9 H4$:F4CM5@$5467B:I'$@J@H74:H8$EF4$C4$H4K4 C46F75$64CM78:@:H8$@;;78:4C$EF4$Q8M4:;74: 4CM@$;84k7CM4:;7@[

F;5!)F&H5'4/9 P8:$49$A7:$H4$A85M@94;45$4CM@$;8:H7;7B: ;F9MF5@9$H4$9@$;7FH@H'$4C$EF4$4:$0122$9@ @97@:_@$N4OF;8$n:7G45P7FH@H$eNnPh'$EF4 54r:4$ @$ C47C$ F:7G45C7H@H4C$ 98;@94C' P85Q@5@F;@:V@$ R$ 9@$ ,F:7;7Q@97H@H$ H4 N4OF;8'$D@$4CM@H8$M5@K@\@:H8$H4$O@:45@ ;8:\F:M@$ ;8:$ 49$ P8:C4\8$ (@;78:@9$ H4$ 9@ PF9MF5@$R$9@C$!5M4C$H4$?@$!5@F;@:V@$eP(P!h[ +9$8K\4M7G8$4C$Q8C7;78:@59@$;8O8$;@Q7M@9$H49 ;8:8;7O74:M8$R$9@$;F9MF5@[ >+CM@$ 4C$ F:@$ @97@:_@$ @KC89FM@O4:M4 :4;4C@57@$R$54Q54C4:M@$9@$F:7B:$H4$H7G45C@C 7:CM7MF;78:4C$H49$C4;M85$QrK97;8$R$Q57G@H8 Q85$F:$8K\4M7G8$;8Or:$4:$M85:8$@$9@$;F9MF5@' ;8O8$F:@$A85O@$H4$Q8M4:;7@5$@$9@$;@Q7M@9 54678:@9'$4:$98$;F9MF5@9'$@;@HZO7;8'$@5MVCM7;8 R$MF5VCM7;8[$X@5@$49$P8:C4\8$H4$9@$PF9MF5@$4C AF:H@O4:M@9$9@$G7:;F9@;7B:$R$C7:4567@$EF4 C4$QF4H4$4CM@K94;45$@$M5@GZC$H4$4CM@$F:7B:

!`+4/&'+&-(/&/$9/(R/&/<+%$-4/F'(4'&('0'+/19/&*&1',1'+'(4/&$/&-(9#(&.'&.9D'1+/+&9(+494-09%('+ .'$&+'04%1&,M<$90%&*&,19D/.%&,%1&-(&%<I'49D%&0%FM(&'(&4%1(%&/&$/&0-$4-1/6&0%F%&-(/ 3%1F/&.'&,%4'(09/1&/&$/&0/,94/$&1'29%(/$6&'(&$%&0-$4-1/$6&/0/.OF90%6&/14H+490%&*&4-1H+490%56 7Z'(I/FH(&C%2'$6&L91'04%1&.'$&KUKG&.'&Q/&G1/-0/(H/>? .1


+?AGAFBAEFD H4$7:CM7MF;78:4CI'$H4C;57K4$-4:\@OV:$%8649' /754;M85$H49$P(P!$H4$?@$!5@F;@:V@[[[[[[[[[[[ ?@$7H4@$4C$Q58O8G45$9@$A85O@;7B:$H4 @FH74:;7@C$ R$ @64:M4C$ ;F9MF5@94C$ H4$ 9@C F:7G45C7H@H4C'$ 7:CM7MF;78:4C$ R$ H4$ 9@ ;8OF:7H@H$ 4:$ 64:45@9'$ O4H7@:M4$ 9@ 7OQ94O4:M@;7B:$H4$4CM5@M467@C$@5M7;F9@H@C 4:M54$98C$H7A454:M4C$@;M854C$H4$4CM@$@97@:_@' EF4$ 54;8:8;4:$ 9@C$ :4;4C7H@H4C$ R ;@5@;M45VCM7;@C$H4$F:$QrK97;8$EF4$;@H@$G4_ H4O@:H@$O]C$;F9MF5@[ >38O8C$F:$65FQ8$G@57@H8$H4$Q45C8:@C' H8:H4$@H4O]C$H4CM@;@$9@$Q@5M7;7Q@;7B:$H4 4:M7H@H4C$QrK97;@C'$EF4$C4$9@$4CM]:$\F6@:H8 Q85$F:$@G@:;4$4:$4CM@$O@M457@[$X85$4C8$4C EF4$F:$KF4:$M5@K@\8$4:$4EF7Q8'$@CFO74:H8 4CM@C$G4:M@\@C'$@RFH@5]$@$EF4$N4OF;8$C4@ F:$54A454:M4$H49$;8:8;7O74:M8$R$9@$;F9MF5@ @$:7G49$:@;78:@9$4$7:M45:@;78:@9I'$C8CM74:4 /7468$ -4:@G4:M4'$ /754;M85$ +\4;FM7G8$ H4 P85Q@5@F;@:V@[ t$ K@\8$ 4CM4$ M5@K@\8$ 4:$ ;8:\F:M8'$ 49 Q57O45$ Q58HF;M8$ EF4$ C4$ 64CMB$ AF4$ 9@ >!64:H@$N4OF;8'$PF9MF5@$o$P8:8;7O74:M8I' EF4$ 7:C45M@$ 4:$ 49$ Q85M@9$ lll[M4OF;8g F:7G45;7FH@H[;9$54r:4$F:@$H7G45C7H@H$H4 @;M7G7H@H4C$;F9MF5@94C$R$@;@HZO7;@C$H4$9@ ;7FH@H[$+:$9@$Q@5M4$CFQ45785$H49$C7M78$C4 QF4H4$ G45$ 49$ 4:9@;4$ ;8:$ 4CM4$ O7CO8 :8OK54'$EF4$OF4CM5@$H7G45C8C$4G4:M8C$H4 ;@M4685V@C[$ 34O7:@578C'$ ;D@59@C'$ 4kQ8C7g

!@J9+4'&$/&F%49D/09#( ,/1490-$/1&.'&,/14909,/1&'( -(/&'J,'19'(09/&=-'&+'/ 0%FM(&*&=-'6&/.'FE+&.' 2'('1/1&/$2%&,/1/&$/ +%09'./.6&0%(+%$9.'&$%+ $/R%+&'(41'&$%+&F9'F<1%+&.' $/+&.9+49(4/+&9(+494-09%('+5 7L9'2%&Z'(/D'(4'6&L91'04%1 @I'0-49D%&.' K%1,/1/-0/(H/>? ;78:4C'$A74CM@C'$OrC7;@'$H4Q85M4'$C8:$@96F:@C H4$ZCM@C'$R$98$:8G4H8C8$@H4O]C'$4C$EF4 ;F@9EF745@$QF4H4$4:G7@5$F:@$@;M7G7H@H$Q@5@ CF$H7AFC7B:$eC74OQ54$R$;F@:H8$ZCM@$;FOQ9@ ;8:$C4:;7998C$;57M4578C$4H7M857@94Ch[[[[[[[[[[ +9$9@:_@O74:M8$H4$4CM@$@64:H@$C4$994GB @$;@K8$4:$49$N4@M58$,F:7;7Q@9$H4$N4OF;8 49$ O4C$ H4$ C4QM74OK54[$ !$ 499@$ @C7CM7458: Q4578H7CM@C$ R$ O4H78C$ H4$ ;8OF:7;@;7B:' @FM857H@H4C$F:7G45C7M@57@C$R$54678:@94C'$H49 P(P!$ R$ P85Q@5@F;@:V@'$ \F:M8$ @$ @5M7CM@C 98;@94C[$+CM8C$r9M7O8C$H4CM@;@58:$4CM@$:F4G@ G7M57:@[

>+CM@$4C$F:@$@64:H@$7:;9FC7G@$H8:H4 98C$@5M7CM@C$R$9@C$7:CM7MF;78:4C$G@:$@$M4:45 F:$4CQ@;78$O]C$H8:H4$4:;8:M5@5C4[$#\@9] EF4$4CM8$:8C$99@O4$@$F:75:8C$O]C$@$98C ;F9M854C$H49$@5M4'$Q@5@$Q8H45$H4C@55899@5 Q58R4;M8C$ 4:$ ;8:\F:M8>'$ C4J@9@$ #C;@5 3@97:@C'$/754;M85$H4$9@$P8OQ@JV@$H4$N4@M58 H4$9@$n:7G45C7H@H$H4$?@$L58:M45@'$EF74: @6546@$ @H4O]C$ EF4$ ZCM@$ Q45O7M75] 4A4;M7G@O4:M4$ 9@$ @OQ97@$ 4kQ54C7B:$ H4 @;M7G7H@H4C$@5MVCM7;@C$EF4$D@R$Q45O@:4:g M4O4:M4$4:$9@$;7FH@H[ ,@5;498$Y@5@'$/754;M85$H4$9@$#5EF4CM@ YFG4:79$H49$N4@M58$,F:7;7Q@9$H4$N4OF;8' Q85$CF$Q@5M4'$C8CM74:4$EF4$>4C$F:@$7:7;7@M7G@ OFR$ KF4:@$ Q@5@$ 49$ ]OK7M8$ ;F9MF5@9$ R F:7G45C7M@578'$Q85EF4$M@OK7Z:$9@$64:M4$EF4 4C$H4$AF45@$H4$9@$5467B:$Q8H5]$4:M45@5C4$H4 9@C$@;M7G7H@H4C'$98$EF4$4C$OFR$Q8C7M7G8$Q@5@ 499@I[ `@R$EF4$C4J@9@5$EF4$4CM@$@64:H@$C4 CFOB$@$9@$54:8G@;7B:$H49$C7M78$l4K$H4$NnP' EF4$C4$@;MF@97_B$4:$0122'$;8:$F:@$7:M45A@_ O8H45:@$R$EF4$Q45O7M4'$4:M54$8M5@C$;8C@C' 49$GV:;F98$;8:$9@C$54H4C$C8;7@94C$R$9@$8Q;7B: H4$ :@G46@598$ H4CH4$ CO@5MQD8:4C[$ +CM4 9@:_@O74:M8$ ;8:M4OQ9B$ M@OK7Z:$ F:@ ;@OQ@J@$ O4H7]M7;@$ ;8:$ 9F:4M@C$ 4:$ 9@ 98;8O8;7B:$;894;M7G@'$@Q@57;7B:$4:$O4H78C @$M5@GZC$H4$64CM7B:$H4$Q54:C@'$;8:G4:78C' QFK97;7H@H$4$7OQ54C8C[

FH:7a4H9R /4:M58$H4$98C$@M57KFM8C$H49 M5@K@\8$H4$NnP$;8:$49$P(P!' H4CM@;@$49$D4;D8$H4$EF4$;@H@ O74OK58'$ R@$ C4@$ H4$ 9@C F:7G45C7H@H4C$8$H4$9@C$4:M7H@H4C H49$+CM@H8'$4CM]:$;8:;74:M4C$H4 EF4$ D@K5]$ F:$ 54CQ4M8$ Q85$ 9@ 7:H7G7HF@97H@H$ H4$ ;@H@ 7:CM7MF;7B:'$ Q458$ EF4$ 4CM@ @C8;7@M7G7H@H$C7:$HFH@$64:45@5] ;88Q45@;7B:$ 4:$ Q8C$ H49 H4C@558998$ ;F9MF5@9$ 54678:@9[ >+k7CM4$9@$O8M7G@;7B:$Q@5M7;F9@5 H4$Q@5M7;7Q@5$4:$F:@$4kQ4574:;7@ EF4$C4@$;8Or:$R$EF4'$@H4O]C H4$ 64:45@5$ @968$ Q@5@$ 9@ C8;74H@H'$ ;8:C897H4$ 98C$ 9@_8C 4:M54$ 98C$ O74OK58C$ H4$ 9@C H7CM7:M@C$7:CM7MF;78:4CI'$@A75O@ -4:@G4:M4[

.6

t$Q85$;745M8'$4CM@$7:7;7@M7G@ D@$C7H8$G@985@H@$:8$CB98$Q85 Q45C8:@C$ 549@;78:@H@C$ @9 OF:H8$4HF;@;78:@9[$>`8R$9@C F:7G45C7H@H4C$64:45@:$OF;D8 ;8O45;78$R$C45G7;78C$@C8;7@H8C' R$Q85$98$M@:M8$4:$9@$O4H7H@$H4 EF4$ 98C$ @9FO:8C$ EF4$ 4CM]: KFC;@:H8$F:7G45C7H@H4C$G4@: EF4$ @EFV$ M@OK7Z:$ @968$ Q@C@ H4CH4$49$QF:M8$H4$G7CM@$H4$9@ ;F9MF5@$ R$ 49$ ;8:8;7O74:M8' G@O8C$ @$ 75$ ;8:G75M74:H8$ @ N4OF;8$:8$CB98$4:$F:@$;7FH@H H85O7M8578$C7:8$M@OK7Z:$4:$F:@ ;7FH@H$ H8:H4$ H@:$ 6@:@C$ H4 EF4H@5C4[$ !CV$ EF4$ 7:H754;g M@O4:M4$9@$O7;584OQ54C@$C4$G4 K4:4A7;7@H@$R$:8C8M58C$;8O8 C45G7;78$QrK97;8$@Q85M@54O8C 4:$ 98$ EF4$ Q8H@O8CI'$ C4J@9@ P@5O4:$ W9857@$ !5@G4:@' /754;M85@$.4678:@9$H4$345;8M4;[

X85$CF$Q@5M4'$49$!9;@9H4$H4 N4OF;8'$ ,76F49$ -4;<45' C8CM74:4$ EF4$ 49$ H4C@558998 ;F9MF5@9$H4$F:@$;7FH@H$K4:4A7;7@ @$EF74:4C$M5@K@\@:$Q85$4998'$H4 M@9$O8H8$EF4$>98C$;8:G745M4$4: Q45C8:@C$ O]C$ Q58@;M7G@C$ R ;54@M7G@CI[$t$4:$Q@5M7;F9@5$C8K54 49$M5@K@\8$H4$9@C$F:7G45C7H@H4C ;8:$ 49$ P(P!'$ A497;7M@$ @$ 4CM@ @97@:_@'$C4J@9@:H8$EF4$>M8H8$98 EF4$@Q85M4$@$H4C@55899@5$:F4CM5@ ;7FH@H$4:$49$]OK7M8$;F9MF5@9'$R 8M58C$ ]OK7M8C'$ 4C$ C74OQ54 K74:G4:7H8$ Q85$ 4CM4$ @9;@9H4' Q85EF4$ ;544O8C$ EF4$ :@H@ C8K5@$R$M@OK7Z:$4C$7OQ85M@:M4 49$@Q85M4$H4$98C$Q57G@H8C$Q@5@ ;8:M7:F@5I[

X85$ 49$ O8O4:M8'$ C46r: H@M8C$H49$OF:7;7Q78'$H4CH4$49 011U$@$9@$A4;D@$C4$D@$@G@:_@H8 K@CM@:M4$4:$9@$7:;9FC7B:$H4$9@ ;7FH@H@:V@$4:$49$M4O@$;F9MF5@9[ +9$ 011U'$ R@$ C4@$ H754;M@$ 8 7:H754;M@O4:M4'$ @Q58k7O@g H@O4:M4$ d$ O79$ Q45C8:@C Q@5M7;7Q@58:$4:$F:@$@;M7G7H@H ;F9MF5@9$4:$N4OF;8'$O74:M5@C EF4$4:$49$0121$C4$9946B$@$F:@ ;7A5@$;45;@:@$@$98C$211$O79[$?8 7H4@9'$@6546@$49$@9;@9H4'$,76F49 -4;<45'$C457@$9946@5$@$9@C$i11$O79 D@K7M@:M4C$ EF4$ ;8:A85O@: N4OF;8[[[[[[[



!"#$%&'#(%&)*+#,-*$%&.#&/0+1%+%",%23%

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

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

5(/K%L("M%?-=)$2%?&/#&9-3C%$*%/$5/$"$*N #&0-1*% 3$% 2&% 4J.&/&% 4,-2$*&% 3$% 2& 4(*"#/)00-1*%O44P4Q%@$2$=&0-1*%R$.)0(C 0(.(%*)$+(%E/$"-3$*#$%3$%4(/5&/&)0&*6&S 82$T%;#/(3#,(<<%0(.(%U-0$5/$"-3$*#$C%$* /$5/$"$*#&0-1*%3$%2&%4(/5(/&0-1*%4,-2$*& 3$%2&%?&3$/&%O4(/.&QS%V%L&-.$%;&2&.&*0& $*%$2%/(2%3$%R$"(/$/(C%0(.(%3$2$=&3(%3$%2& 4J.&/&%3$%4(.$/0-(C%;$/+-0-("%V%R)/-".( 3$%R$.)0(7 !2%*)$+(%E/$"-3$*#$C%A)-$*%&").-1%$* /$$.52&B(%3$%E$3/(%W-0X$2"$*C%3$"#&0&%$"#$

,$0,(%0(.(%&2=(%#/$.$*3&.$*#$%5("-#-+(7 YZ(%5-$*"(%A)$%2&%-*02)"-1*%3$%8/*(23(%$" 3$%2("%5/-.$/("%"6.9(2("%A)$%,$.("%3&3( 5&/&%A)$%(#/("%/$5/$"$*#&*#$"%3$2%5)$92( .&5)0,$%+$&*%A)$%$T-"#$%)*&%3-"5("-0-1* 3$% 4(/5&/&)0&*6&C% V% 3$2% E/$"-3$*#$% A)$ ,&92&C%&%-*0(/5(/&/2("%&2%3$"&//(22(%3$%2& /$=-1*C%V&%A)$%M"#&%*(%5)$3$%0/$0$/%"-%*( "$%2$"%0(*"-3$/&[C%"("#-$*$7 Y4)&*3(%-*=/$"&.("%&%4(/5&/&)0&*6& 0(.(%8"(0-&0-1*%G$H$C%$2%5/-.$/%(9\$#-+( <)$%+-*0)2&/*("%0(*%$2%.)*3(%$.5/$"&/-&2C


!"#$%&'()(

!"#$%&'()*+%&,-.,/'0

1-2"+0"%3,24)+*5

6,-'2,%7"2%8,*-

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

;(0-$3&3%W&0-(*&2%3$%8=/-0)2#)/&%V%"(.(" &5$*&"%3("%.)\$/$"C%&"6%A)$%0/$(%A)$%$" .)V%-.5(/#&*#$%A)$%"$%=$*$/$%.J"%$"5&0-( 5&/&%2&"%.)\$/$"%&%*-+$2%$\$0)#-+([C%3$"#&0&7

3$%$*+$/=&3)/&C%0(*%+-"-(*$"%3$%3$"&//(22( 5/(3)0#-+(C% 0(*% #(3("% 2("% &0#(/$" -*+(2)0/&3("[C%&<-/.&%L("M%?-=)$2%?&/#&9-37

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

*'"+,+$!-."+-'/0+ !*%`aba%4(/5&/&)0&*6&%0$2$9/1%ba%&'(" 3$%+-3&C%#-$.5(%3)/&*#$%$2%0)&2%,&%2(=/&3( -.5)2"&/% -.5(/#&*#$"% -*-0-&#-+&"% 3$ 3$"&//(22(% /$=-(*&2C% 0(.(% $2% E&/A)$ F*3)"#/-&2%V%R$0*(21=-0(%3$%]&%8/&)0&*6&C%2& c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d*-0(C%V%$"#&%*)$+&%@-/$0#-+&%"$ ,&%5/(5)$"#(%&5/(+$0,&/%$"#&%3-+$/"-3&3 &d*%.J"C%3$"#&0&*3(%2&%+-"-1*%3$%0&3&%)*( V%0(*<(/.&*3(%)*&%.$"&%3(*3$%#(3("%"$ ").$*%&%5&/#-0-5&/7 Ye"#&%$"%)*&%3$%2&"%-*"#-#)0-(*$"%.J" 5/$"#-=-&3&"% 3$"3$% $2% 5)*#(% 3$% +-"#&% 3$ 3$"&//(22(% 3$% 2&% /$=-1*% V% &2% #$*$/% #&*#& 52)/&2-3&3%2(%<)*3&.$*#&2%$"%=$*$/&/%)*& .-/&3&%3$%/$=-1*%&%2&/=(%52&B(7%Z%2$%,&0$ <&2#&%&%2&%/$=-1*%)*%(/=&*-".(%A)$%*(%$"#M $*% 2&% 0(V)*#)/&% 3-&/-&C% A)$% #$*=&% $"#& 5("-9-2-3&3%3$%+$/%.J"%&22JC%0(*%5/(V$0#("

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

1#2#/$,%$,%/+""#--# ]&%.&V(/6&%3$%2("%.-$.9/("%3$%$"#& *)$+&%?$"&%@-/$0#-+&%0(-*0-3$%$*%A)$%]& 8/&)0&*6&% #-$*$% .)0,(% 5(#$*0-&2% 5&/& 0/$0$/C%5$/(%A)$%3$9$%,&9$/%.J"%-*+$/"-1*C V&% "$&% 5d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

45%6"3&7%8&"2%&(#9%:&,:%+%&8&10-#2-#&.#:&;"2.0&#;1+#(%+*%:&6"#&%<+#&:%(&1"#+-%(&%: ;"2.0&*2.3=#2%&1%+%&6"#&>(-#&-#2=%&"2%&*2(-%2,*%&1%+%&#?1+#(%+(#@A BC+20:.0&D%2,":#EA&F#,+#-%+*0&G#2#+%:&.#&/0+1%+%",%23%HI *+


!"#$%&'()(

1+*9%:.-"0.;"55

<,=>2%?,7,--*.*

!,'=*%:,+,=,24,

4(/5&/&)0&*6&%3$9-$/&%"$/%$2%Y-*+$"#-=&/%V &*&2-B&/%2&%/$&2-3&3%"(0-&2%V%$0(*1.-0&C%5&/& $*0(*#/&/%2&"%(5(/#)*-3&3$"%3$%*$=(0-( A)$% 5$/.-#&*% $2% 3$"&//(22(% 3$% *)$+&" $.5/$"&"%$*%2&%/$=-1*[7%!"%A)$%"-*%3)3& )*&%3$%2&"%0&/$*0-&"%3$%]&%8/&)0&*6&%$"%2& 5(0&%-*3)"#/-&2-B&0-1*%$T-"#$*#$C%&2=(%A)$ -=)&2%5/$(0)5&%&%?&/#&9-3C%A)-$*%-*3-0& A)$%Y$2%#$.&%3$%-*0(/5(/&/%-*3)"#/-&"%V $.5/$"&"%$"%)*&%3$%2&"%.$#&"%-.5(/#&*#$"C 5(/A)$%$22&"%=$*$/&*%$.52$(%V%$2%0(.$/0-( "$%.)$+$[7

3$"&//(22(7% YP&V% .)0,&"% #-$//&"% $*% ]& 8/&)0&*6&%A)$%*(%"$%$"#J*%&5/(+$0,&*3( V%A)$%"(*%5/(3)0#-+&"7%Z%$*%$"$%"$*#-3( 4(/5&/&)0&*6&%5(3/6&%"$=)-/%-*0$*#-+&*3( 2&"%&2-&*B&"%5/(3)0#-+&"7%W(%#$*$.("%A)$ (2+-3&/%A)$%=/&*%5&/#$%3$%$"&"%#-$//&"%"(* .&5)0,$% V% &% $22("% *(% "$% 2$"% ,&% 3&3( -*"#/).$*#("%5&/&%5(3$/%&5/(+$0,&/2&"7 !*#(*0$"% $*#/$% 2&"% 0(.)*-3&3$"C% 2(" 5/-+&3("%V%$2%!"#&3(C%5(3/6&.("%-*"$/#&/ gaa%.-2%,$0#J/$&"%3$%#-$//&"%A)$%$*%&2=d*

.(.$*#(%<)$/(*%5/(3)0#-+&"[C%5/(5(*$7

!*%$"#$%"$*#-3(C%L&-.$%;&2&.&*0&%"$'&2& A)$%$2%#)/-".(%5(3/6&%"$/%)*&%3$%2&"%5)*#&" 3$%2&*B&%5&/&%=$*$/&/%.J"%$.52$(7%YR(3( 2(%A)$%5(3&.("%,&0$/%5&/&%5(#$*0-&/%$2 #)/-".(%N*(%#&*%"(2(%$2%#/&3-0-(*&2C%"-*( #&.9-M*%)*%#)/-".(%3$%*$=(0-("C%A)$%#-$*$ A)$%+$/%0(*%$+$*#("%V%0(*+$*0-(*$"%V%5(3$/ 5("-0-(*&/% &% R$.)0(% 0(.(% )*% 5(2(% 3$ 3$"&//(22(%$*%$"#&%-*3)"#/-&N%"$/J%9)$*(%*( "12(%5&/&%2&"%$.5/$"&"%2(0&2$"%"-*(%5&/& #(3&%2&%0(.)*-3&3C%V&%A)$%$2%#)/-".(%$"%)* =$*$/&3(/%3$%(9/&%.)V%&2#(C%3(*3$%")%=/&* 0(.5(*$*#$% "(*% 2&"% 5$/"(*&"[C% $T52-0&7

45/0+1%+%",%23%&-*#2#&6"# -+%(,#2.#+&%&:0(&=0<*#+20( .#&-"+20A&-*#2#&6"#&;*+%+&:% +#=*J2&,02&("(&=+%2.#( 1+08#,-0(A&6"#&(02&% ;#.*%20&8&:%+=0&1:%K0A =#2#+%2.0&*2,:"(*J2 .#&:0(&.*E#+#2-#(&%,-0+#(&#2 .*,7%(&;#-%(&.#&+#=*J2@A BL0(>&'*="#:&'%+-%<*.A M+#(*.#2-#&.# /0+1%+%",%23%HI

82$T% ;#/(3#,(<<% 0(-*0-3$% $*% A)$% $2 5(#$*0-&2%#)/6"#-0(%$"%.)V%&2#(C%5$/(%3$"3$ ")%0$/0&*6&%0(*%$2%.)*3(%<(/$"#&2%(5-*& A)$% M"#$% #&.9-M*% $"% /$2$+&*#$% 5&/&% $2

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

).%3#$,'"%20#"'# L)*#(%0(*%2&%*)$+&%?$"&%@-/$0#-+&C%2& 8"&.92$&%3$%"(0-("%0(*<-/.1%&%3("%*)$+(" @-/$0#(/$"%R-#)2&/$"C%&3$.J"%3$%_&/-*&%+(* ^&$/K%I)-22$/.(%I&\&/3(%3$2%;-*3-0&#(%3$ R/&9&\&3(/$"% 3$% 8=)&"% 8/&)0&*6& O/$$2$=-3(QC% V% :"+&23(% @)/J*% $*% /$5/$N "$*#&0-1*% 3$2% G$0#(/% 3$% 2&% >*-+$/"-3&3 8)#1*(.&%3$%4,-2$C%!/*$"#(%;0,-$<$29$-*7

*,

8% $22("% "$% ").&*% 2("% @-/$0#(/$" R -#)2&/$"K% 4&/2("% F"&&0"C% ;$/$.-% 3$ !0(*(.6&S% L("M% ])-"% U$2&"0(C% @-/$0#(/ G$=-(*&2%3$%4(/<(S%E&#/-0-(%:2-+("C%4:G!S%V E$3/(%W-0X$2"$*C%0(.(%E&"#%E/$"-3$*#S%V%& 2("%@-/$0#(/$"%;)52$*#$"K%L(/=$%G&#,=$9C ;$/$.-% 3$% 8=/-0)2#)/&S% P)=(% 4)."-22$C U-0$//$0#(/%3$%2&%>*-+$/"-3&3%?&V(/%3$ R$.)0(S%G(2&*3(%4&9/$/&C%@-/$0#(/%3$%2& 4J.&/&%3$%4(.$/0-(%@$#&22-"#&S%F=*&0-(%3$2 G6(C%E/$"-3$*#$%3$%;&*%L("M%c&/."%V%L(/=$ c$/*J*3$BC%4:G!7

Y!2%@-/$0#(/-(%0(.52$#(%0(*<(/.&%)* $A)-5(% /$=-1*% 3$% "-*=)2&/% /$2$+&*0-&% V $T5$/-$*0-&% $*% 2("% #$.&"% A)$% 3$9$/J &9(/3&/%2&%4(/5(/&0-1*%$*%2("%5/1T-.(" &'("C%&2%0)&2%"$%").&%$2%$A)-5(%5/(<$"-(*&2 -*"#-#)0-(*&2%0(*%&.52-&%$T5$/-$*0-&%$*%2&" 2&9(/$"% A)$% 3$"$.5$'&% $*% 5("% 3$2 3$"&//(22(% /$=-(*&2fC% 3$"#&0&% @-$=( ^$*&+$*#$7


-.&()(/

]&% 8/&)0&*6&C% 0(*% 2&% +-=$*0-&% 3$2 4(*+$*-(% bhi% 3$% 2&% :FR% "(9/$% YE)$92(" F * 3 6 = $ * & " % V % R/ - 9 & 2 $ " % $ * % E& 6 " $ " F*3$5$*3-$*#$"[C% #-$*$% )*&% .-"-1*% A)$ 0).52-/K%/$0(*0-2-&/"$%0(*"-=(%.-".&7%!" )*&%=/&*%5(26#-0&%/$=-(*&2%3$%0(*+-+$*0-& A)$%#$*$.("%5(/%3$2&*#$7%]&%.-/&3&%3$2 5&6"% V% 3$2% $T#/&*\$/(% $"#J% 0$*#/&3&% $* *("(#/("7%!2%E)$92(%?&5)0,$%$"%0&"-%)* #$/0-(%3$%2&%5(92&0-1*%O`ja7aaa%,&97Q%3$%2& /$=-1*%V%(0)5&%)*%0)&/#(%3$%")%#$//-#(/-( Oiak7aaa%,JQ7

$4#<756+527#.NO +5#F/#J9/0:/5K/ N."%+.0&O:#*2 C<0=%.0A&)+I&M7 )*+#,-0+&.#&M+08#,-0 .#&P0(6"#(&/%"-32&FICI

8% $"#&% /$&2-3&3% "(0-(N0)2#)/&2% $"#J 3-/-=-3(%$2%4(*+$*-(%bhi7%;$%$"5$/&%A)$%2& "(0-$3&3%0-+-2%N*(%"12(%$2%!"#&3(N%0)$*#$ 0(*%)*&%5(26#-0&%3$%0(*+-+$*0-&%.(3$/*&%V 0(*"#/)0#-+&%0(*%2&%$#*-&%.&5)0,$7%E(/%$22( $"% *$0$"&/-(% A)$% 2&% /$=-1*% "$% .-/$% &% "6 .-".&% V% /$0(*(B0&% +&06("C% (2+-3("C 5("#$/=&0-(*$"C%3$"0)-3("C%*$=2-=$*0-&"7 !"%0-$/#(%A)$%#$*$.("%)*&%,$/$*0-&%3$ 3$"$*0)$*#/("%$*#/$%)*("%V%(#/("%A)$%*( $"%<J0-2%")5$/&/7%!2%4(*+$*-(%bhi%(</$0$%$"#& (5(/#)*-3&3%&)*A)$%"$&%&2=(%<(/B&3(7%!"#$ 4(*+$*-(% ,&22&% &% 2&% "(0-$3&3% 0-+-2% 3$% ]& 8/&)0&*6&%$*%</6(7%Z%.)0,("%$"#J*%.(2$"#(" 5(/%$22(7%E$/(%$2%4(*+$*-(%N&5/(9&3(%$* 4,-2$% 0(*% =/&*% .&V(/6&% 5&/2&.$*#&/-&S 4&*&3J%V%W)$+&%l$2&*3-&%2(%/$0,&B&*N%$" 2$V%3$%2&%G$5d92-0&7 !"%.$\(/C%$*%0(*"$0)$*0-&C%5/$5&/&/"$ V%"$/%5/(5("-#-+("7%m41.(%$*0(*#/&/%)* 0&.-*(%3$%$*#$*3-.-$*#(%.J"%5/(<)*3( $*#/$%.&5)0,$%V%*(%.&5)0,$%$*%2&%$/& 3-=-#&2C% 3$% 2&"% 0(.)*-0&0-(*$"C% 3$2 0(*(0-.-$*#(n%@("%0("&"C%&2%.$*("C%3$9$* 0&.9-&/%$*%$2%3-"0)/"(%.&5)0,$K%)*(C%2& -3$&%3$%YH-*0&"%-*+&"(/$"[C%Y)")/5&3(/$"[C 3$%&3+$/"&/-("S%3("C%#$/.-*&/%0(*%$2%5"$)3( .)*3(% .&5)0,$% A)$% $T-"#$% "12(% $*% 2& <&*#&"6&%3$%&2=)*("%3-/-=$*#$"%.&5)0,$" 3$%</J=-2%2$=-#-.-3&37 !*%2&%"(0-$3&3%3$2%"-=2(%ooF%5/-.&*%(#/(" +& 2 ( /$" K % - *#$ = /& 0 - 1 * C % 0( * " $ * " ( " C -*#$/0)2#)/&2-3&3C% #(2$/&*0-&C% /$3$"C -*#$/&00-1*C%0(*+-+$*0-&7%W-*=)*(%&#$*#&

0(*#/&% 2&% -3$*#-3&3% .&5)0,$C% 0(.( #&.5(0(%2(%,&0$%0(*%2("%3$"0$*3-$*#$"%3$ &2$.&*$"C% </&*0$"$"C% \)36("C% $"5&'(2$"C ")-B("%A)$%+-+$*%$*%2&%G$=-1*7 !2%4(*+$*-(%bhi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m01.(%$0,&.(" &9&\(%2&%.)/&22&%.$*#&2%A)$%,&V%&d*%$*#/$ 2("%*(%.&5)0,$%0(*%$2%.)*3(%.&5)0,$n mp)M% ,&*% ,$0,(% $"#("% 0-)3&3&*("% 5&/& 0(*+-+-/% .$\(/% 0(*% 2("% 0-)3&3&*(" .&5)0,$n%U-+-/%V%3$\&/%+-+-/7%!"%2&%,$/$*0-& 0)2#)/&2N<&.-2-&/%3$%2&%G$=-1*7%F*3-<$/$*0-& 3$%2("%)*("%5(/%2("%(#/("7%!"#(%#-$*$%A)$ 0&.9-&/7%W(%"12(%5(/%$2%4(*+$*-(%bhi%"-*( 5(/%"$/%,(V%)*&%$T-=$*0-&%3$2%5/(0$"(%3$ #/&*"<(/.&0-1*%0)2#)/&2%3$%]&%8/&)0&*6&7 !2$+&/%2&%3(#&0-1*%0)2#)/&2%3$2%0-)3&3&*( .$3-(%5&/&%A)$%&5/$*3&%&%0(*+-+-/%0(*%$2 0-)3&3&*(%.&5)0,$C%")%,$/$*0-&%$"5-/-#)&2 V%")"%"$*#-.-$*#("%.J"%6*#-.("7%;(2(%&"6%"$ 0/$&%0(*<-&*B&7 !2%.)*3(%$.5/$"&/-&2%3$9$%&9/-/%")" -*"#-#)0-(*$"%&%5/(5-$#&/-("%V%&=/-0)2#(/$" .&5)0,$"C%-*+-#&/2("%&%"$/%.-$.9/("%3$%")" =/$.-("%V%=$*$/&/%"-*$/=-&"%0(*%$22("7%]&" 0(.)*-3&3$"% .&5)0,$"% N)*&"% g7`aaN &9/-/"$% &2% 3-J2(=(% 5$/.&*$*#$% 0(*% 2& "(0-$3&3% 0-+-27% 4/$&/% )*% 36&% 3$% 5)$/#&" &9-$/#&"%$*%A)$%2&"%0(.)*-3&3$"%-*+-#$*%V "$% 3$*% &% 0(*(0$/7% !"0)0,&/% &% 2("% +-$\(" .&5)0,$%V%A)-BJ"%"&9$/%.J"%3$%2&%"&9-3)/6& 3$2% W=$0,$*7% R(3("% 0(*% )*&% <)$/#$ 3-"5("-0-1*%&%0(*"#/)-/7

*0



$1&2.31/

Q%"+#2,#&G0:<0+2#

/45$!5467849:4 57#A/#+)*/;7#+5#12)#=4/5+) -;4<=$>?@?$A9?$84$;?6$@B6$846>?9?>78?6$C$-C$*?948C$D$E?D$46$84$;?6$@4F?5$4GC;AC8?6H$%6:AG?$C;$@C98? 84$8?6$>C5:45C6$846CI7C9:46$D$C>:AC;@49:4$64$8464@J4KC$49$A9?$84$;?6$@7976:457?6$@B6$7@J?5:C9:46$JC5C 4;$846C55?;;?$84;$JCL6M$;?$NA4$CO54$;C6$JA45:C6$JC5C$A9C$IA:A5C$>C9878C:A5C$NA4M$CA9NA4$P;$974<A4M$64 G76;A@O5C$C$JC6?$I75@4H$%9$49:54G76:C$4Q>;A67GC$84:C;;C$>=@?$G4$6A$;CO?5$49$4;$<?O7459?M$6A6$C6J75C>7?946 J?;L:7>C6$D$54G4;C$6A$@B6$L9:7@?$;C8?$RH 82%&0#)&2%?-*-"#/(%3$%:9/&"%Ed92-0&"%*( 2$%,&%#(0&3(%<J0-27%!2%$5-"(3-(%3$%2("%gg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d"-0&%V%3$"3$%\(+$*%0(.$*B1 &%#/&9&\&/7%@$*#/(%3$%")%0)//60)2).%3$"#&0& ")% 5&/#-0-5&0-1*% $*% !""(C% 4,-2=$*$/% V 4$*0(")3C%3(*3$%"$%"&9$%<)$%)*(%3$%2(" .J"% 0$/0&*("% &% P(/"#% E&)2.&**7777777777

S/%"$!"%/',%)0%$,%$-+ "%!TR-'2+M$)#$U+$%/0+,# ).)2+$%)$*'/$!-+)%/$,%$3',+V 82%.-*-"#/(%2$%<&2#&%#-$.5(%5&/&%,&0$/ #(3(%2(%A)$%A)-"-$/&C%"(9/$%#(3(%$*%$2%52&*( <&.-2-&/7% 8% 5$"&/% 3$% &A)$22(% 2$% =)"#&% ") #/&9&\(%$*%]&%?(*$3&%V%0(.(%3-0$C%.-$*#/&" $2% E/$"-3$*#$% E-'$/&% 2$% $*#/$=)$% ") 0(*<-&*B&C%"$=)-/J%#/&9&\&*3(%3)/(%5(/%$2 3$"&//(22(%3$2%5&6"7

2=@?$84I7975LC$6A$4QJ45749>7C$49$4; <?O7459?M$:497498?$49$>A49:C$NA4$A6:48 45C$A9$E?@O54$84;$@A98?$4@J546C57C;H W%6$>?@?$64$;?$7@C<79COCX W(%$"%0(.(%)*(%"$%2(%-.&=-*&C%*(%$" )*%5&"(%<J0-2%3$%3&/%5&/&%)*%,(.9/$%0(.(

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

W2AB;46$EC9$678?$;?6$>?6:?6$J456?9C;46 NA4$EC$:4978?$NA4$C6A@75X ]&%$T-=$*0-&%3$2%E/$"-3$*#$%$"%.)V%&2#& 5$/(% $"(% *(% $"% )*% 5/(92$.&C% )*(% $"#J &0("#).9/&3(%$*%2&%+-3&%5/(<$"-(*&2%&%/$*3-/ &2%.JT-.(%V%&%#/&9&\&/%.)0,(C%5$/(%3$"3$ $2%5)*#(%3$%+-"#&%5$/"(*&2%#-$*$%(#/(%#-5( 3$%0("#("7%!"%.)V%3-<60-2%3$"0(*$0#&/"$C $<$0#-+&.$*#$%,&V%A)$%$"#&/%3-"5(*-92$%`q ,(/&"%2("%k%36&"%3$%2&%"$.&*&C%*(%*$0$"&N /-&.$*#$%,&V%A)$%$"#&/%#/&9&\&*3(%2&"%`q ,(/&"C%5$/(%2&%3-"5(*-9-2-3&3%$"%5$/.&*$*#$ V%$"(%&<$0#&%<)$/#$.$*#$%2&%+-3&%<&.-2-&/C $2%#-$.5(%$*%A)$%)*(%5)$3$%$"#&/%0(*%")" "$/$"%A)$/-3("%V%&<$0#&%2&%5("-9-2-3&3%3$ #(.&/%+&0&0-(*$"7%Z(%$*%$"#$%&'(%V%.$3-( .$%,$%#(.&3(%3("%"$.&*&"%3$%+&0&0-(*$"C )*&%"$.&*&%)*%&'(%&#/J"%V%)*&%,&0$%5(0(C V% $*% &.9("% 0&"("% 0(*% .)0,("% 0)$"#-(N *&.-$*#("r

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

,46JAP6$84;$4J76?87?$84$;?6$@7945?6M A6:48$?O:AG?$@A>EC$J?JA;C578C8$D$64$;4 7987>=$>?@?$A9C$>C5:C$J5467849>7C;$84 ;C$+;7C9YCH$W2=@?$G76AC;7YC$A9C$J?67O;4 >C9878C:A5CX W)$"#/&%0(&2-0-1*%$"%2&%4(&2-0-1*%5(/%$2 4&.9-(C% A)$% -*+(2)0/&% &% 3("% =/&*3$" 5&/#-3("%5(26#-0("%V%&%(#/("%5$A)$'("%=/)5(" A)$%"$%,&*%&"(0-&3(C%5$/(%2&%+$/3&3%$"%A)$ V(% *(% ,$% #$*-3(% \&.J"% *-*=d*% #-5(% 3$ &"5-/&0-1*%3$%5&/#-0-5&/%$*%5(26#-0&C%*-%3$ "$/%.-*-"#/(C%*-%.$*("%3$%"$/%E/$"-3$*#$%3$ 2&%G$5d92-0&7%W(%,&%$"#&3(%*)*0&%$*%.-" 52&*$"%3$%+-3&C%*(%$"%&2=(%A)$%V(%#$*=&

*4


$1&2.31/

Q%.0&P !"#$%&$%'())$*

!893."&:%+;+%35"*

%&"'(&)*"+

%#'69"$!'$*/!'0!'3@"&2!4'-#.*'3#'69"$! 392(*' 0!' 3@"&2!' A*020E.&2!' 2(&0#1!4' 0! 3@"&2!'3*/#.1!'2*3*'D*0/-0!?'*'91'-*2* 3O"'!1$&69!'2*3*'F!/&*(#!/+

!"#$%&")+'%,"* ,-!.$#'/#0'1!2&3&#1$*'/#'3&"'(&)*"4'#"'#0'55 /#'!6*"$*'/#0'57874'29!1/*'#12*1$.!3*" !'0*"'::'3&1#.*"';9#'#"$!<!1'<!)*'0!"'.*2!"+ -$&.$/0(+1+* =*"'1&>*"'?'0!'3@"&2!+

6"9"<3+0:$9* =!'3@"&2!4'?*'$*2!<!'2(!.!16*4'69&$!..!4 -#.*'?!'0!'P#./!/'#"';9#'!(*.!'1*'$*2*'2!"& 1!/!+'%&"'(&)*"'"*1'$*/*"'3@"&2*"'?'$#16* 91!'"*<.&1!4'91!'-.#2&*"9.!4';9#'2!1$!'0&1/* ?'3#'00#1!'/#'*.6900*+

-$&+/$2"* =!'A!0$!'/#'0#!0$!/+

=3.3$*

-34%$&5+&."4+.+%"*

=*"'/902#"'?'-!"$#0#"+'=*"'/902#"'2(&0#1*" 2*1'3!1)!.'?'0!'0#2(#'2*1/#1"!/!+++++++++

=#*' 392(!"' 2*"!"' -#.*' (!?' 91*B' C9!1 D.&"$E<!04'/#'F*3!&1'F*00!1/';9#'0*'0#G'(!2# 392(G"&3*"' !>*"' ?' 3#' 69"$E' 392(*+ H!3<&I1'0#*'392(*'/#'(&"$*.&!4'#1'A&14'$#16* <!"$!1$#"'0&<.*"'/#'2!<#2#.!+ 6+),.()"&7(+&)$&+0$.3$/"* J*"'(!<G!3*"'!3!/*'$!1$*4'91!'-#0G290! &$!0&!1!'/#'0*"'!>*"'K74'?'L!3<&4'?*'00*.* 2*1'L!3<&'M.G#N+

0(*"-3$/&3(%*-%A)$%#$*=&%-*#$/M"%$*%,&0$/2(7 ?-%d*-0(%5/(51"-#(%$"%#/&9&\&/%36&%&%36& .-$*#/&"%$2%E/$"-3$*#$%;$9&"#-J*%E-'$/&%.$ $*#/$=)$% ")% 0(*<-&*B&C% $*% 5("% 3$% ") =(9-$/*(%V%3$2%3$"&//(22(%3$%")%=(9-$/*(%V 5(3$/%,&0$/%2&%.$\(/%2&9(/%5("-92$%$*%2(" .-*-"#$/-("% A)$% .$% ,&% $*0(.$*3&3(7

W%9:?9>46$9?$:7494$@4:C6 C$;C5<?$J;CY?$49$J?;L:7>CX W(% #$*=(% &"5-/&0-(*$"% 5(26#-0&"C% *( #$*=(%5/(V$00-1*C%*(%.$%5/(V$0#(%$*%2& +-3&%5(26#-0&%V%0(.(%#$%3-=(%.-%(9\$#-+(%$"

"$/%(\&2J%$2%.$\(/%.-*-"#/(%3$%!"#&3(%A)$%$2 E/$"-3$*#$% 5)$3&% ,&9$/% 5)$"#(% $*% 2&" 0&/#$/&"%A)$%.$%$*0(.$*31C%V%3$"&//(22&/ 2&%2&9(/%A)$%M2%.$%,&%"$'&2&3(7%@$"5)M" +(2+$/M%&%.-%+-3&%*(/.&2C%$"5$/(%3$%<(/.& #/&*A)-2&7

W2=@?$IA4$4;$846CIL?$84$645 4;$Z97>?$R7@7976:5?$84$<?O7459?X ^)$*(C% 2&% +$/3&3% $"% A)$% <)$% &2=( 9&"#&*#$%-*#$*"(C%.)V%<)$/#$7%!2%?-*-"#$/-( 3$%?-*$/6&%$"%3$%#/$.$*3&%-.5(/#&*0-&C%$2 "$0#(/%.-*$/(%/$5/$"$*#&%.J"%3$2%`as%3$2

6)"<$&:%+;+%35$* L&"$#2'2*1'-9.I4'"*?'39?'"&3-0#++++++++++++++++ >7(3:$&5+&;8<4$)* Q1&P#."&/!/'D!$E0&2!4'"*?'2.9R!/*'(!"$!'0! 39#.$#'!91;9#'3#'(!6!'"9A.&.'392(G"&3*+

5/(3)0#(%-*#$/*(%3$%$"#$%5&6"C%=$*$/&%9)$*& 5&/#$%3$%2("%-*=/$"("%<-"0&2$"%V%/$A)-$/$%)*& -.5(/#&*#$%&#$*0-1*7%Z%$2%"$0#(/%$*$/=M#-0( 5/$"$*#&%=/&*3$"%3$"&<6("C%5(/%#&*#(%"(* 2("% 3("% "$0#(/$"% 3$2% 5)*#(% 3$% +-"#& $0(*1.-0(C%(%"$0#(/-&2$"C%.J"%<)$/#$"%A)$ #-$*$%$2%5&6"C%V%$2%#/&9&\(%$*%&.9&"%0&/#$/&" $"%.)V%-*#$*"(7%]&%d*-0&%<(/.&%3$%/$&2-B&/2( <)$%&/.&*3(%$A)-5("%3$%#/&9&\(%0&5&0$" 3$%"$/%&)#1*(.("C%9&\(%)*&%3-/$0#/-B%0(.d*C V%5(3$/%22$+&/%&3$2&*#$%2("%5/(=/&.&"%A)$ *("%,$.("%52&*#$&3(7

4R0&20&7#&-#2*.0&S%;T(&2*2=U2&-*10&.#&%(1*+%,*J2&.#&1%+-*,*1%+&#2&10:3-*,%A&2*&.#&(#+ ;*2*(-+0A&2*&;#20(&.#&(#+&M+#(*.#2-#&.#&:%&V#1U<:*,%I&!0&7%&#(-%.0&2"2,%&#2&;*( 1:%2#(&.#&$*.%A&20&#(&%:=0&6"#&80&-#2=%&,02(*.#+%.0&2*&6"#&-#2=%&*2-#+>(&#2&7%,#+:0I '*&U2*,0&1+01J(*-0&#(&-+%<%S%+&.3%&%&.3%&;*#2-+%(&#:&M+#(*.#2-#&F#<%(-*T2&M*9#+%&;# #2-+#="#&("&,02E*%2K%A&#2&10(&.#&("&=0<*#+20@I


!"'&15./'(

/:%".*0&W#2#=%(A&W*,#++#,-0+&.#&X2%,%1&Y#;",0Z

L!57#;+#:/;/#7:A7 /40157)#4;7<4$'9C>CJV 1549:4$C$;C$<5C9$84@C98C$84$:P>97>?6M$J5?8A>:?$84;$846C55?;;?$4>?9=@7>?$84;$JCL6M$46:C$>C6C$84$46:A87?6 6AJ457?546$64$EC$>?9G45:78?$49$;C$@B6$<5C984$796:7:A>7=9$48A>C>7?9C;$84$2E7;4H$2?9$6A$676:4@C$84;$SCJ549845 EC>7498?V$D$A9C$@?8C;78C8$<5C8AC;$84$46:A87?6M$DC$>A49:C$>?9$>749$@7;$46:A87C9:46$C$;?$;C5<?$84;$JCL6$D A9C$84@C98C$CZ9$@B6$>54>749:4H >*&% 3$% 0&3&% (0,(% 5$/"(*&"% A)$ -*=/$"&/(*%&%2&%$3)0&0-1*%")5$/-(/%$*%$2 `abbC% 5/$<-/-$/(*% F*&0&5C% $"#(% "$=d* 5&2&9/&"%3$2%U-0$//$0#(/%3$%2&%"$3$%R$.)0(C 42&)3-(%U$*$=&"7%!2%9)$*%.(.$*#(%3$%2& -*"#-#)0-1*%-/6&%3$%2&%.&*(%0(*%A)$%4,-2$ $"#&/6&%/$52&*#$J*3("$%2&%<(/.&%3$%+$/%$2 .(3$2(%$3)0&0-(*&2C%)*%$*<(A)$%9&"&3(

$*%2&%-.5(/#&*0-&%A)$%&0#)&2.$*#$%$"#J* +-+-$*3(%2&"%0&//$/&"%#M0*-0&"C%A)$%"(*%0&3& +$B%.J"%&5$#$0-3&"7 !*%$<$0#(C%2&%>*-+$/"-3&3%R$0*(21=-0& 3$%4,-2$%F*&0&5C%0(*%)*&%.&#/60)2&%")5$/-(/ &%2("%0-$*%.-2%&2).*("%&%*-+$2%*&0-(*&2C &3$.J"%3$%2&"%"$"$*#&%.-2%5$/"(*&"%A)$%"$ 0&5&0-#&*%&*)&2.$*#$C%"$%,&%#/&*"<(/.&3(

$*%263$/%3$*#/(%3$%2&"%0&"&"%3$%$"#)3-(" ")5$/-(/$"C%2-3$/&B=(%A)$%"$%3$9$%$*%=/&* 5&/#$% &% ")% -**(+&3(/&% .(3&2-3&3% 3$ &/#-0)2&0-1*%=/&3)&2%3$%$"#)3-("7%Y!"#(%*(" 0(.52&0$C%5(/A)$%*)$"#/&%-*"#-#)0-1*%9)"0& 2&%.(+-2-3&3%"(0-&2%V%(#(/=&/%5/(=/&.&"%3$ $3)0&0-1*%")5$/-(/%&2%&20&*0$%3$%#(3&"%2&" 5$/"(*&"[C%3$"#&0&%U$*$=&"7


!"'&15./'(

4!"#(-+%&*2(-*-",*J2&<"(,%&:%&;0$*:*.%.&(0,*%:&8&0-0+=%+&1+0=+%;%(&.#&#.",%,*J2 ("1#+*0+&%:&%:,%2,#&.#&-0.%(&:%(&1#+(02%(@I W(%(9"#&*#$%2&%3$.&*3&%5(/%#M0*-0(" #(3&+6&% +-+$% )*% 3M<-0-#% $*% $2% 5&6"C% "(* "$-"0-$*#("%.-2%#M0*-0("%2("%A)$%<&2#&*C%"$=d* 0-</&"%3$%2&%;(<(<&7%P$0,(%A)$%3$9$%"$=)-/ =)-&*3(%&%A)$%2("%\1+$*$"%(5#$*%5(/%0&//$/&" 3$% $"#$% #-5(C% Y+-M*3(2&"% 0(.(% )*& &2#$/*&#-+&% /$&2C% 0(*% &2#("% 6*3-0$"% 3$ $.52$&9-2-3&3C% -*=/$"("% V% $2% $.5/$*N 3-.-$*#(%5$/"(*&2%A)$%0(*22$+&[C%&=/$=&7

W2=@?$GC;?5C$4;$;7845CY<?$84$'9C>CJX !"#&.("% $*% )*% 0(*#$T#(% 3(*3$% 2& "-#)&0-1*%$3)0&0-(*&2%3$2%5&6"%$"#J%"-$*3( &9(/3&3&%3$"3$%2("%5/(92$.&"%A)$%#-$*$%V *(%3$%2("%&+&*0$"%A)$%,&%2(=/&3(7%E$/(%4,-2$ ,&0$% +$-*#$% &'("% #$*6&% &2/$3$3(/% 3$ 3("0-$*#("%.-2%$"#)3-&*#$"%$*%$3)0&0-1* ")5$/-(/%V%,(V%"(*%0&"-%)*&%0-</&%0$/0&*&%& )*%.-221*7%;$%,&%#/&*"-#&3(%3$%)*%"-"#$.& "$2$0#-+(%V%$2-#-"#&C%&%)*(%.&"-+(7%!*%$"#$ 5/(0$"(%3$%0&.9-(C%/$0-M*%$2%&'(%5&"&3(%$2 *d.$/(% 3$% &2).*("% A)$% -*=/$"&/(*% & 4$*#/("%3$%c(/.&0-1*%RM0*-0&%(%F*"#-#)#(" E/(<$"-(*&2$"%V&%")5$/1%&%2("%A)$%$*#/&*%& 2&"%>*-+$/"-3&3$"7%!*%*)$"#/(%0&"(C%3(*3$ )*(%3$%0&3&%(0,(%5$/"(*&"%A)$%&00$3-$/(* &% 2&% $3)0&0-1*% ")5$/-(/% *("% $2-=-1C 5("-0-(*J*3(*("% 0(.(% 2&% -*"#-#)0-1* 5/$<$/-3&%5(/%2("%0,-2$*("C%*("%-.52-0&%)* 3$"&<6(%$*(/.$C%&#$*3-$*3(%$"#&%3$.&*3& 0(*% 0&2-3&3C% 5$/#-*$*0-&C% #$0*(2(=6&"% 3$ 5)*#&%V%&3&5#J*3(*("%&%2("%*)$+("%#-$.5("7

%9$46:4$>?9:4Q:?$W2AB;$46$4;$5?;$84 '9C>CJX 4(.(%3$06&C%,&V%)*%*)$+(%$*<(A)$%3$ 2("%$"#)3-&*#$"%0(*%/$"5$0#(%&%A)M%A)-$/$* $"#)3-&/7% 83$.J"% 0(.(% /$"5)$"#&% &2 3$"&//(22(%$0(*1.-0(%,&9/J%0&3&%+$B%.J" 3$.&*3&% 3$% #M0*-0("7% !*% $"#$% 0(*#$T#( F*&0&5%,&%\)=&3(%)*%/(2%<)*3&.$*#&2C%"-$*3( 263$/%$*%$2%5&6"%$*%$"#&%<(/.&%3$%$3)0&0-1* 0(*%)*&%5/(5)$"#&%A)$%V&%$"#J%0(*"&=/&3&C 0(.(%2(%$"%$2%Y&5/$*3$/%,&0-$*3([C%&3$.J" 3$2%=/&*%&5(/#$%$*%.&#$/-&%3$%0&5&0-#&0-1* &%2("%#/&9&\&3(/$"7

W2AB;46$6?9$;?6$846CIL?6$84$;C6 796:7:A>7?946$:P>97>?$J5?I467?9C;46$D$84 '9C>CJ$49$JC5:7>A;C5X !*% $2% `abb% "$% .&#/-0)2&/(*% bh`% .-2 &2).*("%*)$+("%$*%4$*#/("%3$%c(/.&0-1*

*6

RM0*-0&%$%F*"#-#)#("%E/(<$"-(*&2$"C%3(*3$ `i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

W2AB;$46$4;$<5C8?$84$4@J;4CO7;78C8$84 ;?6$4<546C8?6$84$'9C>CJX !"%.)V%&2#&7%P&V%)*&%=/&*%3$.&*3&%$* 2&"% $.5/$"&"% 5(/% *)$"#/("% $=/$"&3("7% 8 #/&+M"%3$%*)$"#/&%J/$&%3$%4(*#&0#(%]&9(/&2 <(/#&2$0$.("%2&"%0(.5$#$*0-&"%92&*3&"%$* 2("%$"#)3-&*#$"%V%=$"#-(*&.("%)*%+6*0)2( .)V% 0$/0&*(% 0(*% 2&"% $.5/$"&"% A)$ 5("#$/-(/.$*#$%2("%$.52$&/J*7

W2=@?$64$;?<5C$NA4$4Q76:C$>;C578C8$6?O54 ;C$7@J?5:C9>7C$84$;C$I?5@C>7=9$:P>97>CX 4(*(0-$*3(%2&%/$&2-3&3%3$%2&%$3)0&0-1* ")5$/-(/%V%$2%.$/0&3(%2&9(/&2C%3(*3$%0(.( 3$06&C%2("%#M0*-0("%#-$*$*%.&V(/$"%6*3-0$" 3$%$.52$&9-2-3&37

+"0'2.-+2'()$,%$%/0.,'#/ W2=@?$?J45C$6A$676:4@C$<5C8AC;$84 249:5?$84$1?5@C>7=9$0P>97>CM$'96:7:A:? !5?I467?9C;$D$.97G45678C8X W)$"#/(% .(3$2(% $"% d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

W+J5?G4>EC$4;$46:A87C9:4$46:C$J?67O7;78C8 84$@?G7;78C8X 42&/(C%5(/%$"(%"$%"("#-$*$7%P$.("%#$*-3( )*&%=/&*%/$"5)$"#&%3)/&*#$%$"#("%&'("C%2( A)$%"$%+$%/$<2$\&3(%$*%2&%=/&*%0&*#-3&3%3$ &2).*("%0(*%2("%A)$%0(*#&.("7

W2AB;$46$4;$CJ?5:4$84;$S+J549845 UC>7498?V$49$46:C$54;C>7=9X !2%Y&5/$*3$/%,&0-$*3([%$"%)*%"-"#$.& 9&"&3(% $*% 2&% 5/J0#-0&% A)$% "$% /$&2-B&% $* 2&9(/&#(/-("% $"5$0-&2-B&3("C% #&22$/$" $A)-5&3("%0(*%2&%d2#-.&%#$0*(2(=6&C%+-"-#&" &% $.5/$"&"% V% "&2-3&"% &% #$//$*(C% 2(% A)$ 5$/.-#$%A)$%*)$"#/("%$"#)3-&*#$"%-*=/$"$* 5("#$/-(/.$*#$% &2% .)*3(% 2&9(/&2% NV& 0(*(0-M*3(2(%5(/%$"#$%"-"#$.&%3$2%&5/$*3$/ ,&0-$*3(N%0(*%2&"%0(.5$#$*0-&"%*$0$"&/-&" 5&/&% &5(/#&/% $*% 2&% 5/(3)0#-+-3&3% 3$% 2&" $.5/$"&"7

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

W2AB;46$6?9$;?6$846CIL?6$84$'9C>CJX ;(.("% .)V% (5#-.-"#&"% 0(*% *)$"#/( <)#)/(C%$"#(%$"#J%/$0-M*%0(.$*B&*3(7%Z& $"#&.("%0(*"(2-3&3("C%&,(/&%&5)*#&.("%& A)$%2&%0(.)*-3&3%*("%/$0(*(B0&%0(.(%)*& -*"#-#)0-1*%A)$%*(%"12(%"$%3$"#&0&%$*%&2=)*&" J/$&"%0(.(%.$0J*-0&%(%=&"#/(*(.6&C%"-*( A)$%$*%.)0,&"%(#/&"%J/$&"%3$%2&%&0#-+-3&3 $0(*1.-0&7%!"#(%"$%2(=/&%&9/-$*3(%F*&0&5 0&3&%+$B%.J"%&%2&%0(.)*-3&37%](%,$.(" ,$0,(C%5$/(%&d*%<&2#&%.J"7


D&8$#JG97P Q01/5;7#*+:5747GK/ /#4/#<46:7=9$C<5L>?;C !5?G445$84$6?;A>7?946$84$<46:7=9$C$4@J546C6$C<5L>?;C6$C$:5CGP6$84$;C$79:4<5C>7=9$:4>9?;=<7>CM$46$4;$?OF4:7G? >49:5C;$84$46:C$4@J546C$54<7?9C;$NA4$9C>7=$I?5@C;@49:4$C$>?@749Y?6$84$[\]\$D$NA4$>?9$4;$PQ7:?$;?<5C8? DC$J;C94C$4QJC9875$6A6$J5?8A>:?6$D$645G7>7?6$EC>7C$?:5C6$54<7?946$84;$JCL6H


!78&1").7.1"'%/ 4(//6&% $2% &'(% `aat% V% 2&% $.5/$"& #$0*(21=-0&%RF@!C%A)$%3$"&//(22&%"(<#H&/$" $"5$0-&2.$*#$% 5&/&% $2% .)*3(% 3$% 2& $3)0&0-1*C% #$*6&% $*% .$*#$% )*% *)$+( 5/(V$0#(7% ;$% #/&#&9&% 3$% )*&% "(2)0-1* #$0*(21=-0&%5&/&%2&%$.5/$"&%&=/60(2&%;&* L("M% c&/."C% A)$% /$A)$/6&% $T5&*3-/% ") *$=(0-(%V%*$0$"-#&9&%3$%)*%"(5(/#$%5&/& ")%=$"#-1*7 !"%&"6%0(.(%RF@!C%3$"5)M"%3$%$"#)3-&/ 2&"% *$0$"-3&3$"% 3$2% 02-$*#$C% 3$0-3$ 3$"&//(22&/%)*&%"(2)0-1*%#$0*(21=-0&%5&/& 2&% =$"#-1*% 3$% ,)$/#("% V% 5&0X-*=% 3$% 2& $.5/$"&7% !2% /$")2#&3(% <)$% 0$/#$/(% 5&/& &.9&"%5&/#$"C%V%3$%$"#$%.(3(%"$%3$0-3$ &5)*#&/%3$%52&*(%&2%.)*3(%&=/60(2&%&%#/&+M" 3$%3-+$/"("%5/(3)0#("%V%"$/+-0-("%5$*"&3(" $T02)"-+&.$*#$%5&/&%$"#$%"$0#(/%5/(3)0#-+(7 Y8%<-*$"%3$%`aai%"$%#(.&%2&%3$0-"-1*%3$ ,&0$/%)*%"5-*%(<<%3$%$"#&%-*-0-&#-+&%3$%RF@!C 5(/A)$% &)*A)$% #)+(% )*% (/-=$*% $*% ")" #$0*(2(=6&"% V% "-"#$.&"C% $*% $2% <(*3( 5$/#$*$06&%&%(#/(%J.9-#(%3$%*$=(0-(C%&2 .)*3(% &=/60(2&[C% 3$#&22&% 4/-"#-&* ^&A)$3&*(C% I$/$*#$% 3$% RF@!% 8=/(7% ;$ 0(*<(/.&%$*#(*0$"%)*&%*)$+&%"(0-$3&3C 0(*%*)$+(%G)#%V%RF@!%8=/(%$.5-$B&%&%(5$/&/ $*%$*$/(%3$%`aba7%P(V%V&%0)$*#&*%0(*%)* $A)-5(%3$%3(0$%-*=$*-$/("7777777777777777777777777

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u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

3$%5/(0$"("%5/(3)0#-+("C%A)$%$"%)*%"-"#$.& =$(/$<$/$*0-&3(%V%$*%26*$&C%A)$%/$=-"#/& A)M%"$%$"#J%,&0-$*3(%$*%#$//$*(%V%31*3$%& #/&+M"%3$%0$2)2&/$"%(%)*%0(.5)#&3(/S%#(3( 2(%&*#$/-(/%"$%").&%&2%&5(/#$%3$%RF@!%8=/( &2%.)*3(%3$%2&"%0(.)*-0&0-(*$"C%0(*%") 5(/#&2% 8=/(.(+- 2702C% A)$% $*#/$=& -*<(/.&0-1*% "(9/$% $2% .)*3(% 3$% 2& &=/-0)2#)/&7

%_!+),'%),# -+$"%,$,%$2-'%)0%/ !"#("%5/(3)0#("%V%"$/+-0-("%,&*%#$*-3( ,&"#&%&,(/&%)*&%9)$*&%&0(=-3&%$*#/$%2(" 02-$*#$"7%Z%&)*A)$%$2%*-0,(%3$%$"#&%$.5/$"& $"%&0(#&3(C%$22("%&5)*#&*%&%)*%"$=.$*#( A)$%"6%&5)$"#&%5(/%.$\(/&/%")%/$*3-.-$*#(C 0(.(% $"% $2% &=/-0)2#(/% .$3-&*(% V% $2 $.5/$"&/-(%&=/60(2&7%@$"3$%")%=$"#&0-1*C 0)&#/(%$.5/$"&"%V&%,&*%0(*<-&3(%$*%RF@! 8=/(%V%5&/&%$2%5$/6(3(%`abbN`ab`%$"5$/&* 5(3$/%&.52-&/%")%=&.&%3$%02-$*#$"C%"(9/$ #(3(%$*%(#/&"%/$=-(*$"C%$"5$0-&2.$*#$%$* 2&%B(*&%0$*#/&2C%$.-*$*#$.$*#$%</)#60(2&7 80#)&2.$*#$% V&% ,&*% 5("#)2&3(% &% )* 5/(V$0#(%&%2&%&=$*0-&%3$%c(.$*#(%5&/&%2& F**(+&0-1*% 8=/&/-&% OcF8Q% V% 5/$#$*3$* &00$3$/% &% &2=d*% E/(=/&.&% 3$% @-<)"-1* R$0*(21=-0&%OE@RQ%3$%4(/<(C%A)$%$"5$/&* A)$%5)$3&%"$/%&0(=-3(%5("-#-+&.$*#$7%Y]& $"#/&#$=-&%$"%3-+$/"-<-0&/%*)$"#/&%0&/#$/&%3$ 02-$*#$"%5/-+&3("%V%)#-2-B&/%2&"%,$//&.-$*#&" A)$% *("% 3&% $2% !"#&3(% 5&/&% -**(+&/% $% -/ =$*$/&*3(%*)$+("%5/(3)0#("%V%"$/+-0-("[C 0(*02)V$%^&A)$3&*(7

4N:&=+%2&0<S#-*$0&2"#(-+0&#(&1+0$##+&.#&(0:",*02#(&.#&=#(-*J2&%&:%(&#;1+#(%(&%=+3,0:%(A 1%+%&6"#&#::0(&1"#.%2&;#S0+%+&("&+#2.*;*#2-0&8&:%&("(-#2-%<*:*.%.&.#&("&2#=0,*0A&10+ ;#.*0&.#&:%&*2-#=+%,*J2&-#,20:J=*,%@A&B/+*(-*%2&P%6"#.%20A&G#+#2-#&.#&YX)N&C=+0HI 49


F2:+7#&5*+9:04*09/4#DR:52:7 '97S+)275/4#T0/:74;/P U79*/4+:2+5;7#4/ '849:78C8$*CJA>E4 <75#,V#/W7)#;+#+X=+92+5:2/I#+)*+#+)*/H4+:212+5*7#25:+5*26/#/#47)#+)*0;2/5*+)#/#/1/9 )0)#9/K:+)I#/#*9/6R)#;+#05#17;+47#+;0:/*267#25*+9:04*09/4I#:75#:/99+9/)#*R:52:/)#?0+ 1+B:4/5#47#*9/;2:275/4#:75#+4#:757:212+5*7#/5:+)*9/4E#$4#9+)04*/;7#A/#)2;7#+X2*7)7I @/#?0+#4/#+1=4+/H242;/;#;+#47)#/40157)#+)#/4*/I#+4#25G9+)7#/#4/#0526+9)2;/;#*/1H2R5 A/#2;7#+5#25:9+1+5*7#@#47)#C36+5+)#/01+5*/5#)0#/0*7+)*21/E


:17(/ 82%$"#$%3$%R$.)0(C%$*%2&%0(.)*&%3$ 4,(20,(2%N0(*%0$/0&%3$%bb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`k%&'("%3$%,-"#(/-&C ,&%2)0,&3(%5(/%0&.9-&/%2&%-.&=$*%*$=&#-+& A)$%"$%#-$*$%3$2%\(+$*%.&5)0,$C%&5("#&*3( 5(/%$2%.(3$2(%3$%2&%Y-*#$/0)2#)/&2-3&3[%$* ")"%"&2&"%3$%02&"$"7 Y82%5)$92(%.&5)0,$%*(%"$%2$%,&%3&3( .)0,&"% (5(/#)*-3&3$"C% *-% "-A)-$/&% $* *)$"#/&% /$=-1*[C% $*<&#-B&% !/*&% ^$2#/J*C @-/$0#(/&% 3$% $"#$% 2-0$(% A)$% 0)$*#&% )*& .&#/60)2&%3$%.J"%3$%0)&#/(0-$*#("%&2).*("7 E(/%$"(C%0&.9-&/%3-0,&%"-#)&0-1*%<)$%2&%/&B1* 5/-*0-5&2%3$2%*&0-.-$*#(%3$%$"#$%$"#&92$N 0-.-$*#(C% A)$% 0(.$*B1% $*% bijq% 0(.( -*-0-&#-+&% 3$% 2&% F=2$"-&% 4&#12-0&% &% #/&+M" 3$% 2&% c)*3&0-1*% F*"#-#)#(% F*36=$*&C 3$5$*3-$*#$% 3$2% :9-"5&3(% 3$% R$.)0(7 80#)&2.$*#$C%2&%c)*3&0-1*%3$%!3)0&0-1*

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

1#"0+-%2%"$-+$',%)0',+, !+"+$1#"0+-%2%"$-+ +.0#%/0'*+ ;$=d*%0-</&"%3$2%2-0$(%)*%ias%3$%2("%qgi $"#)3-&*#$"%$"%.&5)0,$C%Y0&"-%2&%#(#&2-3&3[C $*<&#-B&%^$2#/J*C%3(*3$%)*%itCgjs%3$%$22(" "(*%3$%$"0&"("%/$0)/"("%V%0(*%)*&%9&\& &)#($"#-.&% 5/(3)0#(% 3$2% /$0,&B(% A)$ .)0,("%3$%$22("%"-$*#$*%5(/%"$/%.&5)0,$7 Y82=)*("% *-% "$% &#/$+$*% &% ,&92&/% $* .&5)3)*=)*[C%&<-/.&%4&/-,)$*#/(7%E(/%$"(C 2&%2&9(/%3$%$"#$%2-0$(%,&%"-3(%$3)0&/%0(* &.(/C%A)$%2("%&2).*("%+&2(/$*%")%-3$*#-3&3C 5&/&%A)$%3$%$"#&%<(/.&%"$%<(/#&2$B0&%$"#& &2-0&63&%.-/&3&%3$%"6%.-".("7 !2% .M#(3(% $3)0&#-+(% /&3-0&% $*% 2& 3$*(.-*&3&% Y-*#$/0)2#)/&2-3&3[C% 2&% A)$ 0(*"-"#$% $*% )*&% .$B02&% 3$% 2&"% .&#$/-&"

@-2,%8*+.-A2

4,

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`k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


:17(/

:*-('"%B,-';)*2.-" E(/%(#/(%2&3(C%$2%bas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

-#&"#/$^$"%2#)#2'*'%)0#/ !2%]-0$(%F*#$/0)2#)/&2%RM0*-0(%E/(<$"-(*&2 I)&0(23&% 3$% 4,(2% 4,(2% $"% $2% 5/-.$/ $"#&92$0-.-$*#(% -*#$/0)2#)/&2% 3$% ]& 8/&)0&*6&%V%5(/%A)M%*(%3$0-/2(C%3$%4,-2$C%V 5(/%2(%.-".(%,&%3$9-3(%-/%0&"-%5(/%")%5/(5-& 0)$*#&%$*%$2%0&.-*(C%2(%A)$%,&%,$0,(%3$ ")%.-"-1*%&2=(%*&3&%<J0-27%;$'&2&*%A)$%$2 ?-*-"#$/-(%3$%!3)0&0-1*%*(%,&%3$.("#/&3( -*#$/M"%$*%/$0(*(0$/2("%.J"C%*(%(9"#&*#$ ")%<&.&%,&%#/&"5&"&3(%2&"%</(*#$/&"%3$%2&

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`aaj%,)9(%3(" \1+$*$"%0(*%5)*#&\$%5&/&%5("#)2&/C%$2%`aai ")9-1%&%q%V%$2%`aba%&%ba%&2).*("S%$"#$%`abb $T-"#$%)*&%*1.-*&%3$%gh%&2).*("%A)$%3&/J* 2&%5/)$9&7 !"#&%0-</&%$*#)"-&".&C%5(/A)$%.)0,&" 3$%2&"%<&.-2-&"%3$%$"#("%\1+$*$"%*(%&"5-/&9&* &%A)$%")"%,-\("%5)3-$/&*%3&/%$"#&%5/)$9&C *-%.$*("%A)$%#)+-$/&*%)*&%/$&2%(5(/#)*-3&3 5&/&%$"#)3-&/%$*%2&%)*-+$/"-3&37%YR$*$.("

\1+$*$"%A)$%$"#)3-&*%?$3-0-*&%$*%4)9&C !*<$/.$/6&%(%I&"#/(*(.6&%$*%3-<$/$*#$" )*-+$/"-3&3$"% 3$2% 5&6"C% ,$0,(% A)$% *(" $*(/=)22$0$%0(.(%<(/.&3(/$"%3$%$22("%V A)$/$.("%A)$%$22("%&"5-/$*%&%$"(C%5(/A)$ "&9$.("%A)$%"(*%0&5&0$"[C%&<-/.&%^$2#/J*7 4&9$%3$"#&0&/%A)$%$2%5/$"#-=-(%3$%$"#$ 2-0$(% #&.9-M*% ,&% /$3)*3&3(% $*% A)$% $2 -*#$/*&3(%#$*=&%)*&%&2#&%.&#/60)2&C%2(%A)$ 3$.)$"#/&%$2%-*#$/M"%3$%\1+$*$"%3$%(#/&" 0(.)*&"%5(/%$"#)3-&/%&A)67%E(/%$"(%$2%2-0$( <-*&*0-&% $2% tas% 3$% 2("% #/&"2&3("% &% 2(" $"#)3-&*#$"%A)$%"(*%3$%<)$/&7 !*%3$<-*-#-+&C%)*&%$T5$/-$*0-&%3-=*&%3$ 3$"#&0&/C% A)$% ,&% 3$"&//(22&3(% )*% "$22( $3)0&#-+(%A)$%$"#-.)2&%$2%/$0(*(0-.-$*#( V%2&%+&2(/&0-1*%3$%2&%0(".(+-"-1*%.&5)0,$ &% 2&% A)$% 5$/#$*$0$% 2&% .&V(/6&% 3$% ")" $"#)3-&*#$"C% V% A)$% (</$0$% 5("-9-2-3&3$" 2&9(/&2$"%&/.(*-B&3&"%0(*%")%5/(5-&%0)2#)/&7 R(3(%$*%5("%3$2%3$"&//(22(%3$%)*&%/$=-1* A)$% *$0$"-#&% 5(*$/% $*% +&2(/% ") .)2#-0)2#)/&2-3&37

4N?*(-#&"2&=+"10&.#&1#+(02%(&6"#&.#(.#&N(-%.0(&[2*.0( $*#2#&-0.0(&:0(&%90(&1%+%&6"#&:#&.#;0(&"2%&,7%+:%@A BF#+=*0&/%+*7"#2-+0A&L#E#&.#&:%&[2*.%.&Y>,2*,%&.#:&#(-%<:#,*;*#2-0HI

40


;".<.('.5(/

M%+6"#&X2."(-+*%:&8&Y#,20:J=*,0&.#&Q%&C+%",%23%

T$"$YJ"8(#Z[Q

+0"+22'#)$,%$')3%"/'#)%/ <75#50+6/#T+9+5*+I#50+67#'9+)2;+5*+#@#829+:*7927I#1\)#*7;/#4/#25S9/+)*90:*09/ 5+:+)/92/#=/9/#?0+#:0/4?02+9#+1=9+)/#)+#25)*/4+#+5#+4#'/9?0+I#+)*+#/W7#)+#A/#+)*/;7 *9/H/C/5;7#+5#05#=4/5#?0+#S4+X2H242:+#47)#=9+:27)#;+#)0)#*+99+57)#@#?0+#47#=7)2:275+ /#526+4#5/:275/4#:717#05/#G9/5#/4*+95/*26/#;+#256+9)235E#F7#/5*+9279#)+#)01/#/4 )0H)2;27#?0+#<79S7#+)*\#;/5;7#/#4/#9+G235#:717#B75/#;+#7=79*052;/;+)I#=/9/#4/) +1=9+)/)#?0+#;+)++5#25)*/4/9)+#+5#+4#'/9?0+E !2%d2#-.(C%,&%"-3(%)*%&'(%3$%0&.9-("%$*%$2 E&/A)$%F*3)"#/-&2%V%R$0*(21=-0(%3$%]&%8/&)0&*6&7 !*%.&/B(%3$%`abb%&").-1%)*&%*)$+&%.$"& 3-/$0#-+&%0(*%G&.1*%W&+&//$#$%0(.(%E/$"-3$*#$C V%5(/%(#/(%2&3(C%$*%\)*-(%"$%,-B(%0&/=(%3$%2& =$/$*0-&C% ?&/-"$2% G(3/6=)$B7% Y;$/% $2% *)$+( E/$"-3$*#$C%$"%)*%#/&9&\(%A)$%2(%#(.(%0(*%.)0,( ,(*(/C%0(*%,).-23&37%>*(%$*#/$=&%")"%0)&2-3&3$" (%0(*3-0-(*$"%0(.(%5/(<$"-(*&2%5&/&%$<$0#("%3$ 9)"0&/%$2%3$"&//(22(%3$%$"#$%E&/A)$[C%"("#-$*$ W&+&//$#$7

4*

YP&%"-3(%)*%5$/6(3(%3$%&<-&#&.-$*#(%V 3$% #/&#&/% 3$% "(2)0-(*&/% #$.&"% &3.-N *-"#/&#-+("% V% 3$% =$"#-1*% A)$% A)$3&/(* 5$*3-$*#$"7%8,(/&%V&%.$%$"#(V%&2-*$&*3( 0(*% $2% 3-/$0#(/-(% V% $2% E/$"-3$*#$% 5&/& =$*$/&/%)*&%$"#/&#$=-&%$*%0(*\)*#([C%3-0$ 5(/% ")% 5&/#$% 2&% *)$+&% I$/$*#$7% >*& $"#/&#$=-&%A)$%5/-.$/(%$+&2)1%$2%&0#)&2 $"#&3(%3$2%E&/A)$%0(*%$2%<-*%3$%3$<-*-/%.$#&" 02&/&"% 3$% &00-1*% A)$% =$*$/$*% &d*% .J" -*+$/"-1*7

2.+-',+,%/$T)'2+/ 80#)&2.$*#$%"$%$"#J%#/&9&\&*3(%$*%)* 52&*% A)$% 9)"0&% &#/&$/% .J"% $.5/$"&"% &2 E&/A)$C% A)$% 0(*#$.52&% .&/X$#-*=% V 3-<)"-1*C%)*&%<2$T-9-2-B&0-1*%3$%5/$0-("%3$ 2("% #$//$*("% V% $*0)$*#/("% 0(*% 5$/"(N *&2-3&3$"%*&0-(*&2$"%3$2%.)*3(%5/-+&3(7 YR$*3/$.("%/$)*-(*$"%0(*%=$*#$%3$%2&%4E4 (%3$%2&%;(<(<&%5&/&%5/$"$*#&/2$"%$2%E&/A)$C #(.&*3(%)*&%&0#-#)3%.J"%&=/$"-+&%3(*3$


;".<.('.5(/

*("(#/("%9)"A)$.("%&2%02-$*#$C%5(/A)$%$2 .$/0&3(%$"#J%"d5$/%0(.5$#-#-+(%V%,&V%+&/-&" /$=-(*$"%A)$%#-$*$*%5&/A)$"%V%#$*$.(" A)$% 3$"#&0&/% *)$"#/&"% +$*#&\&"% 0(.5$N #-#-+&"[C%"$'&2&%G(3/6=)$B%"(9/$%$"#(%d2#-.(7 Y>*&%3$%2&"%0)&2-3&3$"%3$2%E&/A)$%$" 5/$0-"&.$*#$% $2% "$/% )*&% B(*&% 3$<-*-3& $"5$0-&2.$*#$% 5&/&% 2&% -*"#&2&0-1*% 3$ -*3)"#/-&"C%V%*(%,&V%.)0,&"%B(*&"%A)$%"$&* $"5$0-&2$"%5&/&%$"#(YC%"("#-$*$%$2%E/$"-3$*#$C &=/$=&*3(%A)$%M"#$%*&0-1%5&/&%0).52-/%0(* 2&% *$0$"-3&3% A)$% #$*6&% 2&% /$=-1*% 3$ $"#&92$0$/% )*% 5)*#(% $"#/&#M=-0(% 3$ 3$"&//(22(%-*3)"#/-&27 Z%$*%$<$0#(C%&%2(%2&/=(%3$%")"%ba%&'(" 3$%,-"#(/-&%$2%E&/A)$%"$%,&%-3(%0(*"(2-3&*3( 0(.(%)*%5(2(%3$%3$"&//(22(%A)$%-.5)2"&%$2 .)*3(%5/(3)0#-+(%V%#$0*(21=-0(7%R-$*$%.J" 3$2%tas%3$%2&%")5$/<-0-$%#(#&2%3$2%#$//$*( +$*3-3(C%0(*%qj%5/(5-$#&/-("C%bb%$.5/$"&" -*"#&2&3&"% N3$% 3-<$/$*#$"% /)9/("N% V% )*& -*+$/"-1*%&2%`aba%3$%it%.-22(*$"%3$%312&/$"C $*#/$% <(*3("% 5d92-0("% V% 5/-+&3("77777777 83$.J"% "$% $*0)$*#/&% "12(% &% bk X-21.$#/("%3$%2&%0&5-#&2%3$%2&%/$=-1*C%0(* #(3&%2&%-*</&$"#/)0#)/&%9J"-0&%3$2%E&/A)$ $*% 0(*3-0-(*$"% 15#-.&"C% 0(*% &#/&+-$"(C 5&+-.$*#&0-1*C%3(92$%+6&%$*#/$%R$.)0(%V ]&)#&/(C%#$2$<(*6&C%-*#$/*$#%V%#/&".-"-1*%3$ 3&#("% 5&/&% 2&"% $.5/$"&"% O=/&0-&"% &% )* &0)$/3(%0(*%!*#$2QC%&20&*#&/-22&3(C%)/9&N *-B&0-1*%$2M0#/-0&%V%#(3("%2("%5$/.-"("%0(.( #$//$*(% -*3)"#/-&2% 5&/&% <&0-2-#&/% A)$% 2&" $.5/$"&"%"$%-*"#&2$*7

<,=>2%?,7,--*.*

&,-'#*+%<"0-C()*D

:#/&%3$%2&"%+$*#&\&"%A)$%2("%$.5/$"&/-(" 5)$3$*% &5/(+$0,&/% 5&/&% -*+$/#-/% $*% $2 E&/A)$%F*3)"#/-&2C%"(*%2("%*)$+("%/$0)/"(" A)$% $*#/$=&% 4(/<(% &% 2&% /$=-1*C% A)$% 2& 0(*"-3$/&%0(.(%YB(*&%3$%(5(/#)*-3&3$"[7 ;$% #/&#&% 3$2% &5(V(% 5&/&% $"#)3-("% 3$ 5/$<&0#-9-2-3&3%V%<&0#-9-2-3&3%0(*%)*%.(*#( .JT-.(%3$%b7aaa%>cC%0(*%)*%#(5$%3$2%qas 3$2% 0("#(% #(#&2C% 5&/&% 5/(V$0#("% 0(* -*+$/"-(*$"%3$%)*%.6*-.(%3$%g7taa%>cC%V 3$2%")9"-3-(%3$%B(*&%3$%(5(/#)*-3&3C%A)$ $"%3$%`7aaa%>cC%0(*%)*%#(5$%3$%)*%bts%3$ -*+$/"-1*%5("#)2&3&7

#/&#&/J% 3$% 0(*"$=)-/% &d*% .J"% -*0$*#-+( <-"0&27%YW("%-*#$/$"&%$2%3$"&//(22(%3$2%E&/A)$C ,(V%)*%#$/0-(%3$%")%#$//$*(%$"#J%(0)5&3(C 5$/(%2&%-3$&%$"%A)$%3$%&A)6%&%0-*0(%(%3-$B &'("%5(3&.("%#$*$/%$2%E&/A)$%0(.52$N #&.$*#$%<)*0-(*&*3(C%&"6%A)$%$"#&.("%$* 0(*+$/"&0-(*$"% 5&/&% +$/% 3$% A)M% <(/.& 5(3$.("%.$\(/&/%$*%$"#$%"$*#-3(%V%$.5)\&/ .J"% -*+$/"-1*% &% 2&% /$=-1*[C% 3-0$777777777777

](%&*#$/-(/%$"%3$"#&0&3(%5(/%W&+&//$#$C 5$/(% &<-/.&% A)$% 3)/&*#$% ")% 5$/6(3(% "$

!#0%)2'+"$%-$!+"`.% ?&/-"$2% G(3/6=)$B% $"% F*=$*-$/&% $* 82-.$*#("C%F*=$*-$/&%4-+-2%F*3)"#/-&2%V%?&"#$/ $*% ?&/X$#-*=% 3$% 2&% >*-+$/"-3&3 4(.52)#$*"$%3$%?&3/-37%@$"3$%$2%`aag%"$

44


;".<.('.5(/

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

%*!"%/+/ 4$*#$0C%P-3/("0(.C%W)#/&"$$3C%]()-"-&*&%E&0-<-0C%8*&"&0C%8=/60(2&%](9$/#C%c/-=(/6<-0(%_&/.&0C%I)-"$55$%@$=2-N!"5("#-C%8=/(5$0)&/-& ;&*#&%82-0-&C%4(5$0%$%F*3)5(2%"(*%2&"%$.5/$"&"%-*"#&2&3&"7%!*#/$%2("%5/(5-$#&/-("%A)$%&d*%*(%,&*%-*+$/#-3(%$*%-*"#&2&0-(*$"C%$"#J%2&%4J.&/& 3$%4(.$/0-(%V%R)/-".(%3$%R$.)0(C%2&%>*-+$/"-3&3%4&#12-0&%3$%R$.)0(C%?$#&2d/=-0&%P)*3C%R(55%^/&*3C%4&"&=/&*3$C%c(/$"#&2%?&=&"&C%^&*0( 3$%4,-2$C%)*&%$.5/$"&%$"5&'(2&%V%(#/&%5$/)&*&C%$*#/$%.)0,("%(#/("7 Y!*%=$*$/&2%2("%5&/A)$"%-*3)"#/-&2$"%#-$*$*%)*&%(<$/#&%3$%"$/+-0-(%3$%#(3(%#-5(C%$*#(*0$"%$22("%0(.5/&/(*%5$*"&*3(%$*%-*+$/#-/%&%<)#)/(7 !*% (#/&"% 0-)3&3$"% 3$2% .)*3(% 2("% 5&/A)$"% -*3)"#/-&2$"% "(*% 0(.(% .-*-% 0-)3&3$"C% 3(*3$% ,&V% 3$% #(3([C% 3$"#&0&% ?&/-"$2% G(3/6=)$B7

4=



/#+#K%(&X2%:%E

$F#$]&D(Q(#<JQ(#8$#!" *+!.2U%$'))#3+,#" ^/:+#6+25*+#/W7)#_7)R#Z2G0+4#&5/4/S#674623#C05*7#/#)0#=/;9+#/#4/)#*2+99/)#/5:+)*9/4+) ;+#)0#/H0+47I#+5#T79H+/E#J44KI#;+:2;2;7#/#A/:+9#/4G7#=/9/#)0#)0H)2)*+5:2/I#:71+5B3 /#=4/5*/9#:+9+B7)I#47)#?0+#/:*0/41+5*+#47#A/5#44+6/;7#/#)+9#:75)2;+9/;7#:717#057 ;+#47)#G9/5;+)#25576/;79+)#;+#)0#B75/I#/4#=97;0:29#05#S90*7#=7:7#:71`5#+5#05/ 9+G235#:/9/:*+92B/;/#=79#05/#/G92:04*09/#*9/;2:275/4E 8%.$*)3(%&%L("M%?-=)$2%F*&2&<%2$%3-0$* A)$%*(%$"%)*%.&5)0,$%0)&2A)-$/&7%;$%0/-1 $*%U&25&/&6"(%V%U-22&%82$.&*&C%5$/(%#/&"%2& 0/-"-"% $0(*1.-0&% 3$% 2("% jaC% A)$% &<$0#1 =/&*3$.$*#$%$2%*$=(0-(%<&.-2-&/%N/$"#&)/&*# V%5/(3)00-1*%3$%5&2#&"N%"$%+-*(%&2%0&.5( A)$%")%&9)$2(%5&#$/*(%#$*6&%$*%I(/9$&C

Y?-% 5&3/$% "-$.5/$% A)$/6&% +(2+$/% &% ")" /&60$"[C%0)$*#&7 8"6C%&%5/-*0-5-("%3$%2("%*(+$*#&C%22$=&/(* &2%0&.5(%.J"%=/&*3$%3$2%&9)$2(C%5$/(%#/&" )*%-*0$*3-(%A)$%3$"#/)V1%0(.52$#&.$*#$ ")%0&"&C%"$%#/&"2&3&/(*%&2%5/$3-(%.J"%0,-0( 3$%2&%<&.-2-&%V%A)$%$"#&9&%.J"%/$#-/&3(%3$2

5)$92(7%Y!"#$%0&.5(%$"#)+(%9(#&3(%0(.( 0)&/$*#&%&'("C%$/&%0(.(%$2%3$"5/$0-&3([C 3$"0/-9$%F*&2&<7%c-*&2.$*#$C%V%3$"5)M"%3$ 3-$B%&'("%3$%$"<)$/B(%5(/%"&2-/%&3$2&*#$%V 3$%9)"0&/%2&%.&*$/&%3$%=$*$/&/%-*=/$"("C L("M%?-=)$2%3$0-3$%52&*#&/%0$/$B("S%&2=( 5(0(%0(.d*%$*#/$%")"%5&/$"7


!78&1").7.1"'%/

!"'*%"#/$!+/#/ E$/(%5&/#-/%*(%<)$%<J0-27%8%5$"&/%3$%A)$ $"#$%$.5/$*3$3(/%#$*6&%)*&%0&//$/&%2-=&3& &2%/)9/(%NE$/-#(%8=/60(2&%V%!T5$/#(%8=/&/-(NC "-$.5/$% "$% ,&96&% /$2&0-(*&3(% 0(*% 2& &=/-0)2#)/&%.J"%#/&3-0-(*&27%4(*%")%5&3/$ ,&96&*%5/(9&3(%0(*%0/-&*B&%3$%&*-.&2$"%V "-$.9/&"%3$%#/-=(C%Y5$/(%<)$%)*%3$"&"#/$[C 0(*<-$"&7% c)$% $*#(*0$"% V% =/&0-&"% &% )*& 9)$*&%0("$0,&%3$%2&%A)-*#&%3$%.&*B&*&"C A)$%+-"2).9/&/(*%$*%2("%</)#("%)*&%9)$*& (50-1*%3$%+$*#&7%YR$*6&.("%#/$"%(50-(*$"K .&*B&*&"C%&/J*3&*("%(%0$/$B&"7%c-*&2.$*#$ *("% 3$0-3-.("% 5(/% 0$/$B&"[C% 0)$*#&7 !2% `aah% 52&*#1% ka% .&#&"C% 3$% 3(" +&/-$3&3$"% OG$=-*&% V% _(/3-&QC% 5$/(% *( 5/("5$/&/(*C%V&%A)$%*(%#$*6&%$2%0(*(0-N .-$*#(%3$%2("%5&#/(*$"%*-%3$2%.&*$\(%A)$ ,&96&%A)$%)#-2-B&/%0(*%$"#("%0$/$B("7%YE&"&9& $T&0#&.$*#$% 2(% A)$% ,(V% 5&"&% 0(*% 2& =/&*&3&C%A)$%#(3&+6&%*(%"$%"&9$%.)0,( "(9/$%")%.&*$\([C%&<-/.&7%c-*&2.$*#$%$"( 2(%.(#-+1%&%-/%&%2&"%$T5(/#&3(/&"C%V%&%2(" 5&0X-*=C%5&/&%+$/%A)M%+&/-$3&3%$/&%2&%A)$ "$%5$36&%$*%$2%$T#/&*\$/(%V%0)J2$"%$/&*%2&" 3$%.$\(/%0&2-3&37 @$%$"#$%.(3(%"$%&"(0-&%&%2&%$T5(/#&3(/& U-#&2% ^$//VC% 0(.(% 5/(+$$3(/C% V% 3$0-3$ 52&*#&/%0$/$B("%3$%2&%+&/-$3&3%]&5-*"7%Z &)*A)$%/$"5$0#(%&%$"#&%+&/-$3&3%#$*6&%)* 5(0(%.J"%3$%0(*(0-.-$*#(C%2("%5/(92$.&" +-*-$/(*%-=)&2K%R/&"%=&*&/"$%&%<-*$"%3$2%`aah )*%4&5-#&2%;$.-22&%5&/&%52&*#&/C%&2%.(.$*#( 3$%2&%0(.5/&%*(%,&96&%+-+$/("%A)$%#)+-$/&* 52&*#&"% #$/.-*&3&"C% 5(/A)$% ,)9(% .J" 3$.&*3&C% Y&"6% A)$% 2&"% 0(.5/M% &% .$3-( 0&.-*(YC% 3-0$S% #&.9-M*% ")</-1% "$A)6&"C ,$2&3&"C%&#&A)$%3$2%Y9-0,(%3$2%9)//-#(YC%3$ 0(*$\("%V%0$/3("%&%2&"%52&*#&"C%V%2&%#/-"#$ 5M/3-3&%3$%")%5&3/$C%$2%`aak7

2#)/0+)2'+$^$-#&"#/ ;-*%$.9&/=(C%#(3(%$"#(%*(%"-/+-1%.J" A)$%3$%&2-$*#(%5&/&%"$=)-/%&3$2&*#$%NY&%.5&3/$%2$%$*0&*#&9&*%2&"%0$/$B&"YC%/$0)$/3& 0(*% 0&/-'(N% V% #/&"% &'("% 3$% $"<)$/B(C 0(.$*B1%&%=$*$/&/%/$3$"%3$%&5(V(C%5("#)2&/ &%<(*3("%3$%<-*&*0-&.-$*#(C%&%/$2&0-(*&/"$ 0(*%(#/("%5/(3)0#(/$"%V%&%0&5&0-#&/"$%$* 0)&*#(% 5/(=/&.&% 5(36&% 5("#)2&/7% R)+( &"-"#$*0-&%#M0*-0&%&%#/&+M"%3$%)*%E@E%3$ U-#&2% ^$//VS% "$% 0&5&0-#1% $*% ;$/0(#$0S E/(4,-2$%2(%$"#J%&"$"(/&*3(%&0#)&2.$*#$%V

,&"#&%/$&2-B1%)*%@-52(.&3(%3$%F*#$2-=$*0-& 4(.5$#-#-+&% G$=-(*&2% V% I$"#-1*% 3$% 2& -**(+&0-1*%$*%2&%>*-+$/"-3&3%3$%]&%c/(*#$/&7 Y@$% 0-$/#&% .&*$/&% <)-% .$B02&*3(% 2& #$(/6&%0(*%2&%5/J0#-0&%V%$.5$0M%&%$0,&/ &*3&/%.-%/$3%3$%0(*(0-.-$*#("[C%"("#-$*$C V%<)$%5(/%$"(%A)$%$2%`aai%3$0-3$%+(2+$/%& 52&*#&/%2&"%.-".&"%ka%52&*#&"%3$%)*%-*-0-( $*% $2% 0$//(% 3$2% 0&.5(7% R/&"% &'("% 3$ -*+$"#-=&0-1*%3$%$"&%+&/-$3&3%2(=/1%3&/%0(* 2("%.&/0("%3$%52&*#&0-1*%V%2("%5(2-*-B&*#$"C &3$.J"%2&"%5/(#$=-1%0(*%.&22&%&*#-.&2$B& 3$%#&2%<(/.&%A)$%*(%,&96&%*-*=d*%0&.5( $*%4,-2$%A)$%,)9-$/&%,$0,(%$"#(%$*%0$/$B("7 !"#(%2$%+&2-1%$2%`aba%=&*&/%$2%5/$.-( 8*&"&0% $*% 2&% 0&#$=(/6&% YE&"-1*% 5(/% $2 0&.5(Y% V% $2% E/$.-(% &% 2&% F**(+&0-1* ?&5)0,$%5&/&%$.5/$*3-.-$*#("%-*36=$*&"C $*#/$=&3(%5(/%4(*&3-7%!"$%&'(C%&3$.J"C 2(=/1%#$*$/%2&%5/-.$/&%0("$0,&%Obta%X-2(" 3$%0$/$B&"Q%V%5&/&%$"#$%`abb%$"5$/&%(9#$*$/ )*("% `7aaa% X-2("7% Y4(*% 0$/(% 5$"(% 2(=/M &/.&/%)*&%$.5/$"&%3$%ta%.-22(*$"C%A)$%"$ 5/(V$0#&%$*%ka%5&/&%$2%5/1T-.(%&'(C%V%A)$ 0)&*3(%$"#M%$*%52$*&%5/(3)00-1*%$*%0)&#/( (%0-*0(%&'("%.J"C%2$%3&/J%$.52$(%&%.J"%3$

0-$*%5$/"(*&"[C%0)$*#&%"(9/$%")"%2(=/("7 80#)&2.$*#$C% $"#J% -**(+&*3(% $*% $2 .)*3(% &560(2&% O.$B02&*3(% 2&% </)#&% 0(* .-$2QC%$*%)*%5/(V$0#(%0(*%")%*(+-&C%V%#-$*$ 2&% .$#&% 3$% 52&*#&/% t% .-2% 0$/$B("% 5(/ ,$0#J/$&C%2(%A)$%3&/6&%ga%.-2%(%qa%.-2%X-2(" &2% &'(C% 0(.(% "$% ,&0$% $*% F#&2-&7% E(/% $2 .(.$*#(C%U-#&2%^$//V%2$%,&%5$3-3(%A)$%2& 0("$0,&% 3$% $"#$% 3-0-$.9/$% "$% +&V&% & $T5(/#&0-1*7 E$/#$*$0$%&%2&%;(0-$3&3%3$%c(.$*#( 8=/60(2&%3$%R$.)0(%O;(<(Q%V%&2%E?4%c/)#60(2& V%2&%8"(0-&0-1*%I/$.-&2%8/&)0&*6&%c/)#60(2&C "-$*3(% )*(% 3$% ")"% =$"#(/$"C% V% $"#J $"#/$0,&.$*#$%/$2&0-(*&3(%&%$"#)3-("%3$ FWF8% 4&/-22&*0&% V% 2&% >*-+$/"-3&3% 3$% ]& c/(*#$/&7% Y](=/M% 0(*"(2-3&/% )*&% /$3% 3$ #/&9&\(%V%$.5$0M%&%2$+&*#&/%2&%$.5/$"& .J"%A)$%0(*%2&"%.&*("%0(*%2&%0&9$B&7%]$ 3-%-.5(/#&*0-&%&%%Fv@vFC%5(/A)$%&,(/&%5-$*"( $*%01.(%,&=(%0/$0$/%2&%$.5/$"&%#/&9&\&*3( .$*("% <6"-0&.$*#$% $% -*+$"#-=&*3(% .J"C #(.&*3(% .$\(/$"% 3$0-"-(*$"% V +-*0)2J*3(.$%0(*%3-"#-*#&"%5$/"(*&"%3$2 /)9/([C%0(*02)V$%$"#$%$.5/$*3$3(/7777777

4/02&,#+0&1#(0&:0=+>&%+;%+&"2%&#;1+#(%&.#&\]&;*::02#(A&6"#&(#&1+08#,-%&#2&^]&1%+% #:&1+J?*;0&%90A&8&6"#&,"%2.0&#(->&#2&1:#2%&1+0.",,*J2&#2&,"%-+0&0&,*2,0&%90(&;T(A :#&.%+T&#;1:#0&%&;T(&.#&_]]&1#+(02%(@I 4>



$1&2.31/

`%+0:.&'%82#a!*,70::(Z

L*7$@CD?5$;?<5?

+)#A/H+94+#;/;7#/4#=/K)#05#)0+W7M %;$4Q$J5467849:4$84$;C$+)1!$9?$IA4$A9?$>?@Z9$D$>?55749:4H$)?$IA4$A9?$@B6$84$;C$;76:C$NA4$JC6=$D$64$?;G78=H /A$9?@O54$GC$A978?$C;$84$*C5>4;?$R74;6CM$>?@?$4;$84$8?6$E45@C9?6$?$OA49?6$C@7<?6$NA4$:AG745?9$A9C @4:C$49$>?@Z9a$2C@O7C5;4$;C$>C5C$C;$IZ:O?;$>E7;49?H$U?DM$>?9$6A$1A98C>7=9$S&C9C@?6$0?8?6V$NA7454 C>45>C5$4;$84J?5:4$C$;C6$54<7?946M$A9C$I?5@C$NA4$b64<Z9$P;b$49>?9:5=$84$S84G?;G45$4;$>C57K?$NA4$;4$49:54<= ;C$<49:4VH 4(.(% .)0,("% *-'("% $*% 4,-2$C% $2 3$"5$/#&/%3$%P&/(23%?&V*$NW-0,(22"%5(/%2& 5&"-1*%<)#9(2$/&%5&/#-1%&%#$.5/&*&%$3&37 Y@$"3$%.)V%0,-0(%A)$%V&%&*3&9&%0(*%2& 5$2(#&C% &% 2("% 3("% (% #/$"% &'("% 3$% $3&3[C /$0)$/3&7%!"#$%.-".(%3$5(/#$%&'("%.J" #&/3$%2$%,&/6&%=&*&/"$%$2%0&/-'(%3$%#(3(%)* 5&6"C%=/&0-&"%&%")%=$"#-1*%0(.(%5/$"-3$*#$ 3$%2&%8WcEC%0&/=(%A)$%(0)51%3$"3$%2("%&'(" `aak%&2%`abbC%"&2-$*3(%3$%)*&%<(/.&%A)$ *(%3$\1%3$2%#(3(%0(*<(/.$%&%2&%,-*0,&3& *&0-(*&27 L)*#(% &% ?&/0$2(% ^-$2"&% 22$=&/(*% & /$<(/.&/%2&%.$*#&2-3&3%3$2%<)#9(2-"#&%V%3$2 ,-*0,&%0,-2$*(C%5)"-$/(*%$2%#/-)*<(%0(.( &2=(%&20&*B&92$C%#&*=-92$C%5$/(%"-$.5/$C "-$.5/$C%$*%9&"$%&2%#/&9&\(%V%3-"0-52-*&C $2$.$*#("%A)$%$"#&9&*%.J"%9-$*%&)"$*#$" $*% .&*3&#("% &*#$/-(/$"7% !2% 0&.9-(% <)$ *(#(/-(%V%$2%/$0(*(0-.-$*#(%.)*3-&2C%0(* $2% 0)&2% &d*% 0)$*#&% 2&% "$2$00-1*% 0,-2$*&C 0(*"$0)$*0-&% 3$2% #/&9&\(% A)$% $22(" /$&2-B&/(*7 P(V%?&V*$NW-0,(22"%"-=)$%/$0-9-$*3( $2%0&/-'(%3$%2&%=$*#$%&%2(%2&/=(%3$%#(3(%$2 5&6"C% V% *(% $*0(*#/1% .$\(/% <(/.&% A)$ /$#/-9)-/2(%&%2&%0-)3&3&*6&%&%#/&+M"%3$%)*& <)*3&0-1*%A)$%22&.1%YI&*&.("%R(3("[C%$* 2&% A)$% 9)"0&% &0$/0&/% $2% 3$5(/#$% &% 2&" /$=-(*$"%&5(/#&*3(%0(*%.$\(/&/%2&%0&2-3&3 3$%2&%"&2)3%3$%2("%0,-2$*("7

-+$!+/'()$,%$*.-0'0.,%/ W2AB98?$JC5:7=$6A$79:45P6$J?5$4;$IZ:O?;X @$"3$%.)V%0,-A)-#(C%0)&*3(%#$*6&%3(" (%#/$"%&'("%V&%&*3&9&%0(*%2&%5$2(#&777777777

W2AB;46$IA45?9$;?6$@CD?546$;?<5?6$84 6A$JC6?$J?5$;C$J5467849>7C$84$;C$+)1!X ?-%.&V(/%2(=/(%<)$C%"-*%3)3&"C%,&9$/2$ 3&3(%2&%5("-9-2-3&3%&%2&%=$*#$%3$%#$*$/%)* ")$'(% V% A)$% $"$% ")$'(% "$% ,)9-$"$ .&#$/-&2-B&3(%$*%)*%#$.&%/$&27%;-%5)3-$/& =/&<-0&/2(C%"$/6&%,&9$/%)*-<-0&3(%&%#(3(%$2 5&6"%$*%#(/*(%&%)*%5/(V$0#(C%)*%")$'(C%A)$ <)$%2&%"$2$00-1*%*&0-(*&27

W-4$EAO745C$<A6:C8?$46:C5$C$>C5<?$84$;C +)1!$49$46:C$Z;:7@C$2?JC$+@P57>CX !+-3$*#$.$*#$C% 5(/% $"(% .$% ,&96& 5("#)2&3(% 5&/&% "$/% /$$2$0#(C% 5$/(% 2&" 0-/0)*"#&*0-&"%<)$/(*%3-"#-*#&"7

W254D=$NA4$C;<A9C$G4Y$7OC$C$54>7O75$:C9:? >C57K?$84$JC5:4$84$;?6$64<A78?546$84; IZ:O?;X !"(% $"% 3-<60-2% 3$% -.&=-*&/"$C% 2(" 3-/-=$*#$"% 3$% <d#9(2% *)*0&% ,$.("% "-3( /$0(.5$*"&3("%0(*%$2%0&/-'(%3$%2&%=$*#$C &2%0(*#/&/-(C%"(*%.J"%2&"%+$0$"%A)$%*("%,&* ,$0,(% +$/% A)$% *(% 2(% ,&0$.("% 9-$*7% !*

0&.9-(C%$*%$2%0&"(%.6(C%&%@-("%=/&0-&"C%2& =$*#$%,&%/$&00-(*&3(%3$%<(/.&%.)V%5("-#-+& &% 2(% A)$% ,-0-.("% V% .$% 2(% /$#/-9)V$% 3$ .&*$/&% $"5(*#J*$&% $*% <(/.&% &9"(2)N #&.$*#$%*&#)/&2%$*%5/J0#-0&.$*#$%#(3(%$2 5&6"7

0C;$G4Y$464$>C57K?$64$@C97I746:C$:C@O7P9 J?5$6A$54;C>7=9$>?9$*C5>4;?$R74;6C W/7<A4$:497498?$>?9:C>:?$>?9$P;X ?&*#$*=(%)*&%/$2&0-1*%0(*%M2C%0&3& 0-$/#(%#-$.5(%*("%0(*#&0#&.("7%!+-3$*N #$.$*#$%*(%#$*$.("%2&%.-".&%/$2&0-1*%3$ 0)&*3(% #/&9&\J9&.("% \)*#("C% 5$/( ,&92&.("% $*% <(/.&% "$=)-3&% $% -*#$/N 0&.9-&.("%0(//$("%0(*%3-"#-*#&"%(5-*-(*$"C 3-"#-*#("% 0(*0$5#("C% "-$.5/$% $*% )* &.9-$*#$% 3$% .)0,(% /$"5$#(C% 3$% .)0,& 0(/3-&2-3&3% V% 9)"0&*3(% $2% 9-$*% 0(.d*7

&+)+*#/$0#,#/ W2=@?$9C>4$6A$IA98C>7=9X$W`AP$46J45C ;?<5C5$>?9$4;;CX W&0$%0)&*3(%+-.("%A)$%69&.("%&%3$\&/ 2&% 8WcE% V% *("% 3-.("% 0)$*#&% 3$% A)$ #$*6&.("%A)$%3$+(2+$/2$%$"$%0&/-'(%&%2&" 5$/"(*&"7%!"&%.(#-+&0-1*%"$%#/&*"<(/.&%$* $"#&%<)*3&0-1*C%$*%3(*3$%$"5$/&.("%A)$ ,&V&%)*&%5$/.&*$*#$%5&/#-0-5&0-1*%3$%2& 0(.)*-3&3%$*%&0#-+-3&3$"%3$%3$5(/#$%V

4'*&;%80+&:0=+0&E"#A&(*2&.".%(A&7%<#+:#&.%.0&:%&10(*<*:*.%.&%&:%&=#2-#&.#&-#2#+&"2 ("#90&8&6"#&#(#&("#90&(#&7"<*#(#&;%-#+*%:*K%.0&#2&"2&-#;%&+#%:I&F*&1".*#+%&=+%E*,%+:0A (#+3%&7%<#+&"2*E*,%.0&%&-0.0&#:&1%3(&#2&-0+20&%&"2&1+08#,-0A&"2&("#90A&6"#&E"#&:% (#:#,,*J2&2%,*02%:@I

=+


$1&2.31/ *("(#/("% -.5)2"&/% &% #/&+M"% 3$2% <d#9(2 N&)*A)$%.&'&*&%5)$3$%"$/%&%5&/#-/%3$%(#/&" &0#-+-3&3$"N% &% A)$% .J"% V% .J"% \1+$*$"C ,(.9/$"%V%.)\$/$"%3$2%5&6"C%5)$3&*%#$*$/ )*&% &0#-+-3&3% <6"-0&% 5$/.&*$*#$7777777

W2AB;$46$6A$G767=9$84;$84J?5:4$>?@? 7@JA;6?5$ 84;$ 846C55?;;?$ 84$ A9$ JCL6X ?J"% A)$% $"(% *("% 5/$(0)5&% *-+$2&/ &2=)*("%6*3-0$"%3$%"&2)3%A)$%"(*%.)VC%.)V 5/$(0)5&*#$"7

W`AP$?J79C$84;$84J?5:4$49$54<7?946$Gc6 4;$84$/C9:7C<?X$W2=@?$;?<5C@?6$A9C 97G4;C>7=9$49$:P5@79?6$84$54>A56?6$D >C;78C8X W(%"M%"-%$"#J%&2%*-+$2%3$%;&*#-&=(%(%*(C 5$/(% V(% 5)$3(% (5-*&/% 3$"3$% 2(% A)$% +0)&*3(%$"#)+$%$*%2&%8WcE%V%3$%2(%A)$%,$ +-"#(% $*% $"#$% #-$.5(C% V% $"% A)$% ,&V% )*& #/$.$*3&% 3$.&*3&% 3$% 2("% *-'("C% 3$% 2& =$*#$C%5(/%#$*$/%.&V(/%&0#-+-3&3%3$5(/#-+& $*%<(/.&%0(*0/$#&%V%5$/.&*$*#$C%5$/(%2& (<$/#&%$"%3$.&"-&3(%5(0&C%#&*#(%$*%/$=-(*$" 0(.(%$*%2&%0&5-#&27%!*%#(3(%$2%5&6"%,&V%)* 3M<-0-#% 3$% (<$/#&% 5&/&% ,&0$/% &0#-+-3&3 3$5(/#-+&%3$%<(/.&%"$/-&C%*(%5&/&%\)=&/%& 2&%5$2(#&%(%5&/&%"12(%$*#/$#$*$/"$C%"-*(%A)$ 5&/&% ,&0$/2(% 0(*% )*% *(/#$% 3$2% 3$5(/#$C 0(.(% &2=(% 5$/.&*$*#$% $*% ")"% +-3&"7

.6:48$46$84$54<7=9$W2=@?$EC>4@?6$NA4 ;C6$54<7?946$:49<C9$@B6$?J?5:A978C846X >*&%.$3-3&%0(*0/$#&%$"%9-$*%<J0-2C%$" 3&/2$%(5(/#)*-3&3$"%&%#(3("%V%*(%"$=)-/ &0).)2&*3(% 0$*#/&2-".(C% *(% "$=)-/ 0(*0$*#/&*3(%$*%2&%0&5-#&2%&9"(2)#&.$*#$ #(3(C%5(3$/%3&/2$%/$&2$"%(5(/#)*-3&3$"%& 2&%=$*#$%3$%#(3&"%2&"%/$=-(*$"7%!"#J%+-"#( A)$%2&%0&5&0-3&3%$T-"#$C%5$/(%,&V%A)$%3&/2$" 2&"%(5(/#)*-3&3$"%&%#/&+M"%3$%#(3(%#-5(%3$ .$0&*-".("% A)$% 5$/.-#&*% A)$% $"&" (5(/#)*-3&3$"%"$%3$"&//(22$*%3$%&2=)*& .&*$/&7

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



F0,*#.%.&/0;#+,*%:&G"-(%:&Q-.%I

2.%"#/#8$#$]'(YDJ<&a"

D9/)#9+505:2/9#/#)0#*9/H/C7#:717#*9/5)=79*2)*/I#@#+5#4/#H`)?0+;/#;+#05#5+G7:27 =97=27I#A/:+#,b#/W7)#;75#J;74S7#T0*2R99+B#<90B#:71+5B3#/#:71=9/9#:0+97)#S9+):7) =/9/#=97:+)/947)#@#6+5;+947)#/#;2S+9+5*+)#+1=9+)/)#;+#4/#9+G235#@#+4#=/K)E#^7@#)0 A2C7I#?02+5#)+#)013#/#+)*/#+1=9+)/#*7*/41+5*+#S/1242/9I#47G93#+X=/5;29#)0)#6+5*/) A/)*/#&*/42/#@#^75G#c75GE YZ(%$/&%#/&*"5(/#-"#&%V%)*%36&%.$%&9)//6 3$2% 0&.-1*% 5(/A)$% .$% 0&*"&9&% <6"-0&% V .$*#&2.$*#$C%&,6%3$0-36%3$\&/%$2%#/&9&\(%V $.5$B&/%)*%*$=(0-([C%3$"0/-9$%"(9/$%$2 -*-0-(%3$%")%$.5/$"&%3(*%83(2<(%I)#-M//$B 4/)BC%3)$'(%V%I$/$*#$%I$*$/&2%3$%;(0-$3&3 4(.$/0-&2%I)#"&2%]#3&7C%$.5/$"&%3$3-0&3& &%0(.$/0-&2-B&/%0)$/(%*&#)/&2%V%A)$%,(V%$"#J 5/$"$*#$% $*% $2% .$/0&3(% -*#$/*&0-(*&27 c)$%,&0$%`j%&'("%A)$%$"#$%,(.9/$%3$ ](*0(0,$% N0-)3&3% 3(*3$% .&*#-$*$% ") $.5/$"&%<&.-2-&/N%$.5/$*3-1%$"#$%*$=(0-( \)*#(%&%")%$"5("&C%L)3-#,%;&2-*&"%^/&+(7%!"#(

#/&"%0(*+$/"&/%0(*%)*%0(.5/&3(/%3$%0)$/(" 3$% R$.)0(C% A)-$*% 2(% .(#-+1% &% )*-/"$% &2 /)9/(%V%2$%$*"$'1%$2%(<-0-(%3$2%#/&#&.-$*#( 3$%0)$/(%</$"0(%3$%&*-.&27 @$%$"#$%.(3(C%$.5$B&/(*%&%0(.5/&/ 0)$/(%3$%0(/3$/(%&%5/(+$$3(/$"%2(0&2$"C 5&/&% 2)$=(% 5/(0$"&/2(% &% #/&+M"% 3$% )* #/&#&.-$*#(% 0(*% "&2% A)$% .&*#-$*$% ")" 0(*3-0-(*$"% *&#)/&2$"C% V% +$*3$/2(% & 0)/#-$.9/$"%V%&%-*3)"#/-&"%2-=&3&"%&2%.)*3( 3$%2&"%5-$2$"7%Y!"#$%$"%$2%d*-0(%#/&#&.-$*#( &%*-+$2%.)*3-&2%3$2%0)$/(%</$"0(%3$"5)M" 3$%A)$%"$%"&0&%3$2%&*-.&2[C%3-0$%3(*%83(2<(7

]&"% +$*#&"% 5/-.$/(% "$% 3-/-=-$/(*% & R$.)0(C%&%2&%.-".&%5$/"(*&%A)$%2$"%3-(%2& -3$&%3$2%*$=(0-(C%5$/(%5(0(%&%5(0(%<)$/(* 0/$0-$*3(%V%3$"5)M"%3$%)*("%0-*0(%&'(" 0(.$*B&/(*%&%3$"5&0,&/%,&0-&%;&*#-&=(C 5/-*0-5&2.$*#$%&%-*3)"#/-&"%=&.)2&*$/&"C $*%)*%+(2).$*%&5/(T-.&3(%&%t%.-2%(%h%.-2 0)$/("%5(/%#$.5(/&3&%&2#&%O+$/&*(Q7%](" 5/-.$/("%&'("%"12(%"$%3$3-0&9&*%&2%0)$/( 3$%0(/3$/(C%&2%#-$.5(%").&/(*%$2%3$%+&0)*( V%&0#)&2.$*#$%#/&9&\&*%#&.9-M*%0(*%0)$/( 3$%0,-+(%V%3$%0&9&22(C%#$*-$*3(%5/(+$$3(/$" 3$%4(22-5)22-%&%:"(/*(7


?&(@<("A(#1"#13#-@")%

%-$/+-0#$+-$%_0"+)d%"# P&"#&%$2%&'(%`aah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wm5&5JC% 5(/% A)M *("(#/("% *(% 5(3$.("% $T5(/#&/% 3-/$0#&N .$*#$nx% V% 0(-*0-3-1% 0(*% A)$% V(% $"#&9& ,&0-$*3(%)*%.&=6"#$/%V%$"#&9&%$+&2)&*3( 2("%<(.$*#("%$T5(/#&3(/$"%3$%E/(4,-2$%V 01.(%2(%5(36&.("%&52-0&/%&%2&%$.5/$"&[C 0)$*#&%$2%,-\(C%&0#)&2%I$/$*#$%4(.$/0-&2%3$ I)#"&27 c)$%&"6%A)$%&%#/&+M"%3$%)*%E/(=/&.&%3$ F*#$/*&0-(*&2-B&0-1*% 5&/&% 2&% 8=/-0)2#)/& 4&.5$"-*&%OEF84QC%$2%`aah%"$%=&*&/(*%)* 5/(V$0#(% 5&/&% +-&\&/% &% )*&% c$/-& F*#$/*&0-(*&2%3$2%4)$/(%A)$%"$%/$&2-B&%3(" +$0$"%5(/%&'(%$*%^(2(*-&C%F#&2-&7%!*%$2%+-&\$C /$&2-B&3(%$2%`aakC%$2%(9\$#-+(%<)$%$"#&92$0$/ 0(*#&0#("%V%"(9/$%#(3(%0(*(0$/%A)M%"$%,&06& 0(*%$2%0)$/(%$*%$2%.$/0&3(%-*#$/*&0-(*&27 Y4(*(0-.("%=$*#$C%,-0-.("%0(*#&0#("C "-*%$.9&/=(%*(%5&"1%*&3&7%8"6%A)$%&2%&'( "-=)-$*#$%+(2+-.("%&%5("#)2&/%)*%5/(V$0#( &%E/(4,-2$C%3$%5$*$#/&0-1*%3$%.$/0&3(C%V +-&\M%$2%`aaj%&%F#&2-&%*)$+&.$*#$7%U-"-#M +&/-("%02-$*#$"C%5$/(%$"$%&'(%$.5$B1%2& 0/-"-"%.)*3-&2%V%$2%-*#$/M"%5(/%0(.5/&/%*( $/&%$2%.-".([C%0)$*#&%83(2<(7%!"#$%</&0&"( *(%2("%,-B(%/$*)*0-&/%&%2&%-3$&%V%+(2+-$/(* &%=&*&/%)*%5/(V$0#(%3$%5/("5$00-1*%&%P(*= _(*=%V%3$%5$*$#/&0-1*%&%F#&2-&C%V&%A)$%$* $"#$%d2#-.(%5&6"%"12(%<&2#&9&%0(*0/$#&/%2(" 2&B("%0(.$/0-&2$"C%V%$*%4,-*&%"$%+-"2).9/&9& )*%.$/0&3(%<&0#-92$7 !*%P(*=%_(*=%V&%,&96&*%0(*#&0#&3(%& )*%02-$*#$C%5(/%2(%A)$%$2%+-&\$%"-/+-1%5&/& A)$%$"#$%I$/$*#$%4(.$/0-&2%0(*0/$#&/&%$2 $*+6(%3$%3("%0(*#$*$3(/$"%V%0(*(0-$/&%$* <(/.&%3-/$0#&%&2%0(.5/&3(/7%@$%$"#$%.(3( $2%`aba%"$%$T5(/#&/(*%&2/$3$3(/%3$%`%.-2

0)$/("%3$%+&0)*(%&2%5&6"%(/-$*#&2%V%#/&"%$2 +-&\$%&%F#&2-&C%A)$%"$%/$&2-B1%$*%2&%.-".& <$0,&C% "$% 0(*0/$#1% $2% $*+6(% 3$% #/$" 0(*#$*$3(/$"C%#&.9-M*%3$%+&0)*(C%#(3(" 3$%5/(0$3$*0-&%3$%</-=(/6<-0("C%0(.(%$T-=$ 2&%2$V%$*%$"#$%#-5(%3$%$T5(/#&0-(*$"777777777 !"#$% `abb% V&% ,&*% $*+-&3(% 3(" 0(*#$*$3(/$"%&%F#&2-&C%0(*%0)$/(%3$%+&0)*( V% #&.9-M*% 0(*% 0)$/(% 3$% 0&9&22(7 80#)&2.$*#$% 5/$5&/&*% (#/(% 0(*#$*$3(/ 5&/&%$2%.-".(%5&6"C%.&*#-$*$*%$2%0(*#&0#( 0(*%P(*=%_(*=%V%"-=)$*%0(*"(2-3&*3(%$2 .$/0&3(%*&0-(*&2C%3(*3$%3$"5&0,&*%0$/0& 3$%qa%.-2%0)$/("%3$%0(/3$/(C%.J"%3$%ba%.-2 0)$/("% 3$% 0,-+(% V% )*("% ta% .-2% X-2("% 3$ +&0)*(%O*(%"$%+$*3$*%5(/%)*-3&3QC%&2%&'(7 4&9$%"$'&2&/%A)$%&)*A)$%2&"%0-</&"%,&* "-3(%&)"5-0-("&"%5&/&%;(0-$3&3%4(.$/0-&2 I)#"&2%]#3&C%M"#&%"-*%3)3&%&d*%.&*#-$*$%)*

#(A)$%<&.-2-&/7%]&%(#/&%,-\&%3$2%.&#/-.(*-(C L)3-#,%I)#-M//$B%;&2-*&"C%#&.9-M*%$"%"(0-& 3$2%*$=(0-(7%E(/%")%5&/#$%3('&%L)3-#,%"-=)$ "-$*3(%2&%/$0$50-(*-"#&%$*%")%5/(5-&%0&"&C 3(*%83(2<(%"-=)$%#$*-$*3(%2&%d2#-.&%5&2&9/& V%.)0,("%3$%")"%02-$*#$"%A)$%22$=&*%,&"#& ](*0(0,$%5&"&*%&%#(.&/%(*0$%0(*%$22("7 E(/%$2%.(.$*#(%3(*%83(2<(%5/$#$*3$ &.52-&/%")"%9(3$=&"%V%$*%2(%5("-92$%"$=)-/ &5(/#&*3(%&0#-+&.$*#$%&%")%*$=(0-(7%Y4(* 2&% $3&3% )*(% +&% A)$3J*3("$% 0(.( ")5$/+-"(/%3$%2&%$.5/$"&C%5$/(%$2%,-\(%$"#J +-$*3(%2&"%5("-9-2-3&3$"%3$%0/$0$/%$*%$2 #-$.5([C%"$'&2&7%Z%$*%$<$0#(C%&0#)&2.$*#$ M2% $"#J% &5("#&*3(% 5(/% $*#/$=&/2$% +&2(/ &=/$=&3(%&2%0)$/(C%&%#/&+M"%3$%)*%5/(V$0#( 4&5-#&2% ;$.-22&% 3$% ;$/0(#$0% A)$% "$ &3\)3-0&/(*%$"#$%&'(7

4R0&#+%&-+%2(10+-*(-%&8&"2&.3%&;#&%<"++3&.#:&,%;*J2&10+6"#&;#&,%2(%<%&E3(*,%&8 ;#2-%:;#2-#A&%73&.#,*.3&.#S%+&#:&-+%<%S0&8&#;1#K%+&"2&2#=0,*0@A BC.0:E0&G"-*>++#K&/+"KA&."#90&8&G#+#2-#&G#2#+%:&.#&F0,*#.%.&/0;#+,*%:&G"-(%:&Q-.%IHI =4



M+0,#(0(&!%-"+%:#(&W*:b"2&FICI

'))#3+),##<("#UY!DJQ 8$Q^&8YJDJ8JQ $4#,--OI#@#*9/)#H0):/9#=79#/W7)#/4G`5#256+9)2752)*/I#U90*<75:+=*#)+#/)7:23#/#Q/5 _7)R#U/91)#:75#+4#S25#;+#*9/H/C/9#S90*/)#S25/)I#;+)A2;9/*/94/)#@#+X=79*/94/)E#<75#05/ =4/5*/#;+#d#124#1+*97)#:0/;9/;7)#+5#+4#U05;7#Q/5*/#$4+5/I#A7@#4/#1/9:/#Le24f05M @/#+X=79*/#/#$097=/#@#J)2/#:+9:/#;+#;7)#:75*+5+;79+)#;+#S90*/)#/4#1+)I#+5#05/ 1/9:A/#H4/5:/#?0+I#7:0=/5;7#/=+5/)#05#d-g#;+#)0#:/=/:2;/;#=97;0:*26/I#=4/5+/ +)*/9#/4#.--g#+4#,-.,E ;$9&"#-J*% ?(*0X$9$/=C% I$/$*#$% 3$ F**(+&0-1*% V% @$"&//(22(% 3$% E/(0$"(" W&#)/&2$"%U-2X)*%;787C%$.5/$"&%0(*(0-3& 0(.(%YU-2X)*[C%"("#-$*$%A)$%"-%9-$*%M"#& *&0-1%0(.(%)*&%-**(+&0-1*%3$%c/)#4(*0$5# N$.5/$"&%3$%U&23-+-&C%3$%3(*3$%M2%$"%"(0-(

\)*#(%&%;&*3/&%^(0X%V%E&#/-0-(%4&+&3&NC%$2 =/&*% "&2#(% $.5/$*3$3(/% +-*(% 0(*% 2& &"(0-&0-1*%3$%;&*%L("M%c&/."7 ]&% ,-"#(/-&% "$'&2&% A)$% <)$% $2% `aab 0)&*3(% ?(*0X$9$/=% V% ^(0X% 3$0-3-$/(* ,&0$/%-*<)*3-3("%V%3$",-3/&#&3("%3$%</)#&"

<-*&"C% 5(/% 3$",-3/&#&0-1*% (".1#-0&7 Y;&96&.("% A)$% "$% $"#&9&*% ,&0-$*3(% V 0(*(06&.("%2&%#$0*(2(=6&C%&"6%A)$%5&/#-.(" ,&0-$*3(%$2%#/&9&\(%$*%2&%0(0-*&%3$%;&*3/&C $*%U&23-+-&C%V%2)$=(%2$+&*#&.("%)*%5$A)$'( 2&9(/&#(/-(7% @$"5)M"% 0(*"$=)-.("% 2("


?&(@<("A(#1"#13#-@")% <(*3("% 5&/&% #$*$/% )*&% 5$A)$'&% 52&*#& 5/(3)0#-+&C%A)$%#$*6&%5$A)$'("%<2)\("C%5$/( "-$.5/$%")5-.("%A)$%3$96&.("%-*0(/5(/&/ )*% "(0-(% -*+$/"-(*-"#&[C% 3$"0/-9$% $"#$ F*=$*-$/(%$*%82-.$*#("7

+!.%/0+$%)$&"+),% c)$% &"6% A)$% $*% $2% `aaq% "$% 0/$& (<-0-&2.$*#$%c/)#4(*0$5#%V%#/&"%0-*0(%&'(" 3$%9)"0&/%&2=d*%$.5/$"&/-(%A)$%"$%&#/$+-$/& &%-*+$/#-/%0(*%.&V(/$"%/$0)/"("%$*%$"#$ *$=(0-(C% 0(*(0-$/(*% &% F=*&0-(% 3$2% G6(C E/$"-3$*#$%3$%;&*%L("M%c&/."%V%$2%`aai%"$ &"(0-&/(*C%*&0-$*3(%E/(0$"("%W&#)/&2$" U -2X)*% ;787% Y!*% *)$"#/&% 9d"A)$3& #(5J9&.("%$*%=$*$/&2%0(*%5$/"(*&"%A)$ *(%0(.5&/#6&*%*)$"#/("%.-".("%5/-*0-5-("C V%<-*&2.$*#$%$*0(*#/&.("%&%F=*&0-(C%)* "(0-(%$"#/&#M=-0(%0(*%-*#$/$"$"%V%5/-*0-5-(" 0(.)*$"C%3-"5)$"#(%&%#/&9&\&/%%$*%0(*\)*#( 5(/%)*%(9\$#-+(%0(.d*[C%3-0$%?(*0X$9$/=7 @$%$"#&%<(/.&%U-2X)*%"$%#/&*"<(/.&%$* 2&% )*-1*% 3$% 2("% 5-(*$/("% $*% </)#&" 3$",-3/&#&3&"%$*%4,-2$%V%2&%$.5/$"&%263$/ $*%2&%5/(3)00-1*%3$%&/J*3&*("%3$%8.M/-0&7 YW("(#/("%*$0$"-#J9&.("%/$0)/"("%V%;&* L("M% "&96&% A)$% #$*6&% A)$% &3$2&*#&/% ") 5/(3)00-1*% ,&0-&% (#/("% 5/(3)0#("% .J" $2&9(/&3("YC%"("#-$*$7%P&V%A)$%"$'&2&/%A)$ $"#&%d2#-.&%").1%(#/("%5/(<$"-(*&2$"%&2 $A)-5(C%0(.(%c$/*&*3(%?&/#-*(C%&0#)&2 I$/$*#$%4(.$/0-&2%O$*%2&%<(#(%\)*#(%&%;&*3/& ^(0XC% E&#/-0-(% 4&+&3&% V% ;$9&"#-J* ?(*0X$9$/=Q7 4(.(%5/-.$/%5&"(C%$2%`abaC%3$0-3$* .&*#$*$/%)*&%5$A)$'&%5/(3)00-1*%$*%2& 52&*#&%3$%U&23-+-&C%0(*%$2%<-*%3$%.&*#$*$/ 2&% ,&"#&% $*#(*0$"% 5$A)$'&% 0&/#$/&% 3$ 02-$*#$"C% $*% ")% .&V(/6&% *&0-(*&2$"C% V 3$"&//(22&/%.)$"#/&"%3$%.$/0&3(%A)$%2$" 5$/.-#-$/&%5/(9&/%2&%#$(/6&%$*%2&%5/J0#-0&7 @)/&*#$% $"$% #-$.5(% "$% &5/(+$0,1% 3$ 0(*"#/)-/%2&%52&*#&%3$%5/(3)00-1*C%$*%$2 c)*3(%;&*#&%!2$*&%3$%;&*%L("M%c&/."%N$2 ,)$/#(%.J"%=/&*3$%3$%&/J*3&*("%3$%4,-2$NC 5&/&%A)$%$2%`abb%$.5$B&/&%2&%5)$"#&%$* .&/0,&7 8"6%$*%.&/B(%3$%`abb%0(.-$*B&%U-2X)* $*% )*&% 52&*#&% 3$% .J"% 3$% g% .-2% .$#/(" 0)&3/&3("C%/(3$&3&%3$%qaa%,$0#J/$&"%3$ 52&*#&0-1*% 3$% &/J*3&*("% NV% (#/&"% 3$ =)-*3("C%0$/$B("C%</&.9)$"&"%V%</)#-22&"N 5$/#$*$0-$*#$"% &% ;&*% L("M% c&/."7 E/(3)00-1*%A)$%$*%5&/#$%"-/+$%3$%.&#$/-&

5/-.&%&%$"#&%"(0-$3&37%Y4(.5/&.("%&%;&* L("M%c&/."%=/&*%5&/#$%3$%2&"%</)#&"C%5$/( #&.9-M*%&%(#/("%5/(3)0#(/$"C%5(/A)$%"(.(" $*#-3&3$"%3$%*$=(0-(%"$5&/&3&"[C%$T52-0& $2%$T5$/#(7 P(V%#/&9&\&*%.J"%3$%"$#$*#&%5$/"(*&" $*%2&%52&*#&C%3(*3$%3$"#&0&%2&%-*02)"-1*%3$ 5$/"(*&"% 3$2% "$0#(/C% 0(.(% U -20d*% ( 4,$/A)$*0(C%A)-$*$"%5(0(%&%5(0(%"$%,&* -3(%0&5&0-#&*3(%$*%2&%$.5/$"&7%Y>*(%3$ *)$"#/("%5-2&/$"%<)*3&.$*#&2$"%$"%$2%0&5-#&2 ,).&*(% V% ,$.("% 5(3-3(% 3$"&//(22&/ *)$"#/("%5/(5-("%#M0*-0("C%$*"$'J*3(2$" A)M%5&"&%3$#/J"%3$%2&"%.JA)-*&"C%5&/&%A)$ $*#-$*3&*%2&%<6"-0&%3$%2(%A)$%$"#J%(0)//-$*3( V% #&.9-M*% 2&% <-"-(2(=6&% 3$% 2&% </)#&C% 0(* .&#$.J#-0&%V%A)6.-0&%-*0(/5(/&3&S%V%&%2&/=& $"$%#-5(%3$%5$/"(*&"%"(*%2&"%A)$%.$\(/ /$")2#&3(%3&*%&%2&%$.5/$"&[C%&<-/.&77777777777

.)$)'2U#$2"%2'%)0% 4)&*3(% *&0$% U-2X)*C% V% .-$*#/&"% "$ $"#&9&%0(*"#/)V$*3(%2&%52&*#&%$*%;&*#& !2$*&C%c$/*&*3(%?&/#-*(%"$%3$3-01%&%+-&\&/ &2%$T#/&*\$/(%5&/&%/$+-"&/%"-%$2%.$/0&3(%5&/& $"#("% </)#("% 3$",-3/&#&3("% /$&2.$*#$ $T-"#6&C%V&%A)$%*(%,&96&%*-*=d*%$"#)3-( 0(*(0-3(%&2%/$"5$0#(7%]("%/$")2#&3("%<)$/(* 5("-#-+("%V%3$%$"#$%.(3(%"$%0(.-$*B&%& =$"#-(*&/% 2&% +$*#&% &% 3-<$/$*#$"% 5&6"$"7 YW)$"#/(%5/(3)0#(%$"%/$A)$/-3(%5(/%2&

-*3)"#/-&%3$%0$/$&2$"C%3$%.)<<-*"C%9&//&"%3$ 0$/$&2$"% $% -*3)"#/-&% 3$% 2("% ,$2&3("C% $* .$*(/%0&*#-3&3[C%.$*0-(*&%?(*0X$9$/=7 Z%3$"3$%.&/B(%&%2&%<$0,&%,&*%#$*-3(%)*& 5/(3)00-1*% $"5$/&3&% 3$% )*% gas% 3$% ") 0&5&0-3&3%O&2%$"#&/%&d*%$*%.&/0,&%92&*0&QC $T5(/#&*3(%0$/0&%3$%3("%0(*#$*$3(/$"%&2 .$"C% 0(*% 0&\&"% 3$% b`% X-2("% 3$% </)#& 3$",-3/&#&3&C%$*#/$%&/J*3&*("C%</&.9)$"&"C =)-*3&"%V%</)#-22&"7 !)/(5&%V%8"-&%"(*%2("%0(*#-*$*#$"%A)$ .J"%0(.5/&*%$"#&"%</)#&"C%5/-*0-5&2.$*#$ 5&6"$"%0(.(%F*=2&#$//&%N)*%=/&*%0(*").-3(/ 3$% 3$",-3/&#&3("NC% 82$.&*-&C% P(2&*3&C 4,-*&C%4(/$&%V%L&51*7%80#)&2.$*#$C%"$%$"#J* 5/$5&/&*3(%5&/&%2&%5/(3)00-1*%3$2%5/1T-.( &'(C%A)$%$"5$/&*%#/&9&\&/%&2%baas%3$%") 0&5&0-3&3%V%3(*3$%V&%$"#J*%-**(+&*3(%$* (#/&"%+&/-$3&3$"%</)#&2$"C%0(.(%.&A)-%V .)/#&C%V%&+&*B&*3(%$*%)*%5/(V$0#(%4(/<( A)$% 5/$#$*3$% /$"&2#&/% 2&"% 5/(5-$3&3$" *)#/-0-(*&2$"%3$%2("%5/(3)0#("7 >*% MT-#(% A)$C% "$=d*% 0(*02)V$ ?(*0X$9$/=C% "$% 3$9$% &% 0)&#/(% 5-2&/$" <)*3&.$*#&2$"% 3$% =$"#-1*K% 4/$&/% )* 5/(3)0#(%*(+$3("(S%#/&9&\&/%0(*%0(*0$5#(" 3$%0&2-3&3%3$%5/-.$/%*-+$2C%0(*%5/(=/&.&" 3$%&"$=)/&.-$*#(%3$%0&2-3&3%A)$%,&0$* A)$%$2%5/(3)0#(%"$%.&*#$*=&%$*%$2%#-$.5(S 0(*#&/%0(*%)*%$A)-5(%,).&*(%0(.5$#$*#$S V%#$*$/%2&%.-"-1*%3$%"$=)-/%-**(+&*3(777777

4[20&.#&2"#(-+0(&1*:%+#(&E"2.%;#2-%:#(&#(&#:&,%1*-%:&7";%20&8&7#;0(&10.*.0&.#(%++0::%+ 2"#(-+0(&1+01*0(&->,2*,0(A&#2(#9T2.0:#(&6">&1%(%&.#-+T(&.#&:%(&;T6"*2%(54A BF#<%(-*T2&'02,b#<#+=A&G#+#2-#&.#&X220$%,*J2&8&)#(%++0::0&W*:b"2&FICIHI =6


N2#:%&c]__

hJ9/0:/5K/I

3C@?6$NA4$64$!A484i -C$9?G49C$G4567=9$84$%94;C$>?9:=$>?9$;C$JC5:7>7JC>7=9$84;$!5467849:4$/4OC6:7B9$!7K45C$D$846:C>=$J?5 6A$<5C9$97G4;$84$4QJ?67:?546$4$79G7:C8?6M$NA74946$C9C;7YC5?9$;C$54C;78C8$4>?9=@7>C$49$4;$@C5>?$84$A9 @A98?$<;?OC;7YC8?M$8?984$;C6$54<7?946$JA4849$@C5>C5$;C$87I4549>7CM$49$JC5:7>A;C5$-C$+5CA>C9LCM 46J4>7C;@49:4$49$@C:457C$84$57NA4YC6$9C:A5C;46$D$@A;:7>A;:A5C;78C8H !"%0(*(0-3(%$2%-.5&0#(%A)$%,&%#$*-3( 3)/&*#$% 2("% d2#-.("% &'("% $2% !*0)$*#/( !.5/$"&/-&2%3$%]&%8/&)0&*6&C%!*$2&7%!*%") *(+$*&% +$/"-1*C% ")5$/1% &2#&.$*#$% 2&" $T5$0#&#-+&"7%Z%$"%A)$%0(*#1%0(*%0$/0&%3$ .-2%3("0-$*#("%&"-"#$*#$"C%A)-$*$"%5)3-$/(*

3-"</)#&/%3$%)*&%\(/*&3&%.&/0&3&%5(/%$2 9)$*%*-+$2%3$%")"%/$2&#(/$"C%V%3$%2&%&"-"#$*0-& 5(/%"$=)*3&%+$B%0(*"$0)#-+&%3$2%E/$"-3$*#$ 3$%2&%G$5d92-0&C%;$9&"#-J*%E-'$/&777777777777777 ^&\(%2&%0(*+(0&#(/-&K%8/&)0&*6&C%yU&.(" A)$% "$% 5)$3$zC% #(3("% $*#/$=&/(*% ")"

3-<$/$*#$"% 5)*#("% 3$% +-"#&C% #/&#&*3(% 3$ =$*$/&/%-3$&"%V%&00-(*$"%0(*0/$#&"%$*%2& 9d"A)$3&%3$%-*+$/"-(*$"%5&/&%2&%/$=-1*C%2& =$*$/&0-1*% 3$% +&2(/% &=/$=&3(% V% $2 &5/(+$0,&.-$*#(% 3$% &#/-9)#("% 0(.(% 2& .)2#-0)2#)/&2-3&3% $% -3$*#-3&3% /$=-(*&27


;".<.('.5(/

:*-('"%&*+2'4E

,%/2%)0"+-'e+2'() Y](%.$\(/%3$%4,-2$%$"#J%$*%2&"%/$=-(*$"[C "("#)+(%$2%!0(*(.-"#&%;$/=-(%?$2*-0XC%$* ")%0(*<$/$*0-&%@$"0$*#/&2-B&0-1*%V%$2%*)$+( /).9(%3$%2("%#-$.5("7%4(*%3&#("%02&/(" "(9/$%$2%<)#)/(%3$%2&%,).&*-3&3C%N0(.( A)$%3$%&A)6%&%0-*0)$*#&%&'("%22$=&/$.("%& 3-$B% .-2% .-22(*$"% 3$% 5$/"(*&"C% $*% )*& "(0-$3&3%#$0*(2(=-B&3&%0(*"#&*#$.$*#$ 0&.9-&*3(%V%3(.-*&3&%5(/%2&"%.)\$/$"%V 2&%9-(M#-0&NC%5/$"$*#1%.$3-3&"%0(*0/$#&" 5&/&% A)$% 2&"% /$=-(*$"% 0(*"-=&*% .J" 5/(#&=(*-".(7

B9

F'2,%G*"2*++'

G"-*2D"%B"2#.,2#

Y](%5/-.$/(%A)$%#$*$.("%A)$%2(=/&/%$" A)$%$2%#$.&%3$%2&%3$"0$*#/&2-B&0-1*%$*#/$ &%2&%&=$*3&C%*(%$"#J%$*%2&%&=$*3&%5d92-0& *&0-(*&27%W(%,&V%A)$%5$3-/2$%5$/.-"(%& *&3-$C%,&=J.("2(C%")9&.("%&2%0&//(%$2%#$.&7 Z(%5/(5(*=(%A)$%$2%&'(%`ab`%,&=&.("%)*& =/&*% .&/0,&% 5(/% 2&% /$=-(*&2-B&0-1*% V ,&=&.("%)*%$+$*#(%$*%0&3&%/$=-1*C%0(* #$.&"%3-"#-*#("C%5&/&%#$/.-*&/%0(*%gaa%-3$&" 0(*0/$#&"%5&/&%/$=-(*&2-B&/%4,-2$[C%&5)*#17

_-.{*C%(%2&%3$%I-*&%]$(*$22-%$%F"&9$2%]$+6(C &.9&"% 3$2% E/(=/&.&% 3$% F**(+&0-1* R$//-#(/-&2% 8=/(-*3)"#/-&2% 82-.$*#&/-( ?&5)0,$% 3$% 2&% >*-+$/"-3&3% 4&#12-0&% 3$ R$.)0(C%A)$%.("#/&/(*%0(.(%2&%/$=-1* 5)$3$% =$*$/&/% +&2(/% &% #/&+M"% 3$% ") -3$*#-3&37%E(/%$\$.52(%0(*%$2%#)/-".(%3$ -*#$/$"$"%$"5$0-&2$"C%$*%$2%5/-.$/%0&"(C%V 0(*% 2&% 5/(3)00-1*% 3$% &2-.$*#("% #65-0("C 0(.(%$2%.$/X$*C%$*%$2%"$=)*3(77777777777777

!"5$0-&2.$*#$%*)$"#/&%8/&)0&*6&%5)$3$ "$/%5/(#&=(*-"#&C%&2=(%A)$%A)$31%02&/(%&2 $"0)0,&/%$T5$/-$*0-&"%0(.(%2&"%3$%L)&* E&-*$0)/&%0(*%")%$.5/$*3-.-$*#(%G)X&

+!#"0%$%*!"%/+"'+E(/%(#/(%2&3(C%)*&%3$%2&"%0(*02)"-(*$" A)$%3$\1%$"#$%$*0)$*#/(%$"%A)$%$2%/(2%3$


;".<.('.5(/

H*0-"%?'4E*+#*2

I(2,4'"%0*+%<C"

G,)-*24*%F"+/"-2*

2("%$.5/$"&/-("%$"%02&+$%5&/&%$2%3$"&//(22( 3$2%5&6"C%A)-$*$"%<)$/(*%.$*0-(*&3("%0(.( 2("%22&.&3("%&%-.5)2"&/%2&%#/&*"<(/.&0-1* *$0$"&/-&%5&/&%&+&*B&/%$*%$2%0/$0-.-$*#( /$=-(*&27%Y]("%$.5/$"&/-("%#$*$.("%)*& #&/$&%$*%9$*$<-0-(%3$2%5&6"%V%5&/#-0)2&/.$*#$ $*%9$*$<-0-(%3$%2&%"(0-$3&37%R$*$.("%$"& /$"5(*"&9-2-3&3C% #$*$.("% $"&% #&/$&% 3$ $\$/0$/% )*% 2-3$/&B=(% A)$% "$% 9&"$% $*% 2& 0(*<-&*B&C%$*%2&%0(2&9(/&0-1*%V%$2%/$"5$#([C "$'&21%](/$*B(%4(*"#&*"C%E/$"-3$*#$%3$%2& 4E4C%$*%")%5/$"$*#&0-1*7

2("% "&2#("% *$0$"&/-("% 5&/&% &+&*B&/% $* 3$"&//(22(%V%0/$0-.-$*#(%/$=-(*&2%"(*%2(" $.5/$"&/-("K%Y!2%=(9-$/*(%#-$*$%A)$%,&0$/ ")%#/&9&\(%V%$"5$/&.("%A)$%2(%,&=&%9-$*C 5$/(% 5(/% "6% "(2(% *(% =$*$/&/J% 2&"% #/&*"N <(/.&0-(*$"% A)$% *)$"#/&% 8/&)0&*6& /$A)-$/$7%;-%$"5$/&.("%A)$%$2%!"#&3(%*(" "(2)0-(*$%2("%5/(92$.&"C%+&.("%&%$"5$/&/ #(3&%2&%+-3&7%]&%+$/3&3$/&%#/&*"<(/.&0-1* 3$9$.("% -.5)2"&/2&% 2("% $.5/$"&/-("[C $*<&#-B17

01.(%22$=&/(*%&%5("-0-(*&/%&2%5&6"%0(.( )*(% 3$% 2("% 5/-*0-5&2$"% 5/(3)0#(/$"% 3$ 9$//-$"7%Y!2%.)*3(%$"%#&*%=/&*3$C%$"%#&* -*.$*"(C%A)$%,&V%5$/(%.-22(*$"%3$%0("&" A)$% ,&0$/C% "$% 5)$3$% ,&0$/% 3$% #(3(7% ?$.5/$"&%,(V%36&%#-$*$%2&%5/(3)00-1*%3$ </&.9)$"&"%(/=J*-0&"%.J"%-.5(/#&*#$%3$2 .)*3([%&<-/.1%E$'&7

](%&*#$/-(/%<)$%&<-/.&3(%#&.9-M*%5(/ $2%$*#(*0$"%E/$"-3$*#$%3$%4(/5&/&)0&*6&C E$3/(% W-0X$2"$*C% A)-$*% -*3-01% A)$% 2(" 22&.&3("%&%3-*&.-B&/%2&%$0(*(.6&%V%=$*$/&/

!*%$"#$%"$*#-3(C%3("%02&/("%$\$.52("%3$ &A)$22(%"(*%2&"%$T5$/-$*0-&"%3$%F=*&0-(%3$2 G6(C%3$%;&*%L("M%c&/."S%V%G(9-*"(*%E$'&C 3$%:/=&*-0%c/)-#"%4,-2$C%A)-$*$"%$*%$2%5&*$2 F*+$/"-(*$"%5&/&%$2%@$"&//(22(C%0(*#&/(*

,%/+1f#/$!+"+$.)$2U'-% *#,%")# !T-"#$*%=/&*3$"%3$"&<6("%&%2&/=(%52&B( 5&/&%2("%0)&2$"%4,-2$%3$9$%$"#&/%5/$5&/&3(C 2&"%3-"#-*#&"%.&*-<$"#&0-(*$"%0-)3&3&*&" "(*%)*&%"$'&2%3$%2("%5/(0$"("%3$%0&.9-(

!*%$"#&%*(+$*&%+$/"-1*%$2%E/$.-(%&%2&%R/&V$0#(/-&%!.5/$"&/-&2%@$"#&0&3&%/$0&V1%$*%I(*B&2(%>22(&C%$.5/$"&/-(%#)/6"#-0(%V%3)$'( 3$2%P(#$2%8/&)0&/-&"%3$%E)01*S%V%$*%L("M%G("$*9$/=C%3)$'(%3$%2&%3$"#&0&3&%$.5/$"&%/$=-(*&2%G("$*7%!*%2&%<(#(C%2("%=&2&/3(*&3(" /$0-9$*%$2%/$0(*(0-.-$*#(%\)*#(%&%")"%$"5("&"%?&/-&*&%?$#B=$/%V%I2(/-&%;&*=)-*$#-C%/$"5$0#-+&.$*#$77777777777777777777777777777777777777777777

B+


;".<.('.5(/

,'2%)$/#R"%$%)%-+ ^$2#"!+"+.2+)f+ S#<!"$&O1'X&>#.!4'X.#"&/#1$#'/#'0!'F#-@<0&2! Yp)-$/(% <$2-0-#&/2("% 5(/A)$% $*% $"#$ $*0)$*#/(%3$%!*$2&%V(%"M%A)$%,&*%3-"0)#-3( 0(*% "$/-$3&3% V% 0(*% /$"5(*"&9-2-3&3C% *( "(2&.$*#$%2("%&*,$2("%V%$"5$/&*B&"C%A)$%$" .)V%2$=6#-.(C%"-*(%A)$%#&.9-M*%2&%<(/.&%.J" "$/-&C% .J"% "12-3&% V% .J"% /$"5(*"&92$% 3$ #/&*"-#&/%2("%0&.-*("%A)$%*("%+&*%&%5$/.-#-/ &20&*B&/%$"("%2(=/("[7 T96#1&*' H &.*1&4' X.#"&/#1$#' /#' H &.*1&' ? ,"*2&!/*"

@)(*2'"%J'-"2'

K,-"+0%&,L2*%?'4;"++#

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`<.!"'X@<0&2!"

!),2%H,'2*4)-,

<"/'2#"2%H*M,

A)$% "$% $"#J*% +-+-$*3(% V% ,&92&*% 3$% )*& *$0$"-3&3%3$%.(3$/*-B&0-1*%&%#(3(%*-+$27

c)*3&0-1*%I&*&.("%R(3("C%P&/(23%?&V*$N W-0,(22"C%"$%/$<-/-1%&2%#$.&%3$2%3$5(/#$%V%") /(2% $*% $2% 3$"&//(22(% 3$2% 5&6"7% YP&V% )*& #/$.$*3&% 3$.&*3&% 3$% 2("% *-'("C% 3$% 2& =$*#$C%5(/%#$*$/%.&V(/%&0#-+-3&3%3$5(/#-+& $*%<(/.&%0(*0/$#&%V%5$/.&*$*#$C%5$/(%2& (<$/#&%$"%3$.&"-&3(%5(0&[C%"("#)+(7%!"%5(/ $"(%A)$%$"#&%<)*3&0-1*%$"5$/&%&5(/#&/%& #/&+M"%3$2%<d#9(2%A)$%2&"%5$/"(*&"%#$*=&* .J"%&0#-+-3&3%<6"-0&%0(.(%)*&%<(/.&%3$ *-+$2&/%2("%6*3-0$"%3$%"&2)37

]&)/$*0$%I(29(/*$C%?-*-"#/(%3$%:9/&" Ed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cE%V%E/$"-3$*#$%3$%2&

B,

8% 5/(51"-#(% 3$% $"#("% 3$"&<6("C% 0&9$ 3$"#&0&/%A)$%2&%.&V(/6&%3$%2("%&"-"#$*#$" 3$"#&01%A)$%$T-"#$%)*%J*-.(%<&+(/&92$%5&/& $.5/$*3$/%$"#$%0&.-*(C%$2%3$%)*%5&6"%A)$ *$0$"-#&% 3&/% )*% 5&"(% V% A)$% #-$*$% 2&" 0(*3-0-(*$"%5&/&%,&0$/2(C%3(*3$%#(3("%2(" &0#(/$"% 3$9$*% &").-/% $"#("% /$#("7

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a!"$4' #_' %&1&"$.*' /#' X0!1&A&2!2&E1 YR&2%+$B%2(%A)$%,&0$%4(/5&/&)0&*6&%V%2( A)$%$"#&.("%,&0-$*3(%$2%36&%3$%,(VC%3$9-$/& "$/%)*%$\$.52(%3$%2(%A)$%3$9-M/&.("%,&0$/%V 2(%A)$%3$9$/6&%,&0$/%$2%$.5/$"&/-&3(%$*%4,-2$ V%$*%.)0,&"%5&/#$"%3$2%.)*3([7


-%71"'%/

!2%ga%3$%\)*-(%"$%22$+1%&%0&9(%2&%*(+$*& +$/"-1*%3$2%!*0)$*#/(%!.5/$"&/-&2%3$%]& 8/&)0&*6&7

hJYJ!<J"jJ#eJZ(Q#%!$#Q$#'!$8$i

!*%$2%$+$*#(%2("%$T5("-#(/$"%3$"#&0&/(* $2%/(2%3$%2&"%/$=-(*$"%V%2&%-.5(/#&*0-&%3$%2& 3$"0$*#/&2-B&0-1*%$*%)*%.)*3(%=2(9&2-B&3(C &3$.J"% 3$% 3-"0)#-/% "(9/$% 2("% 3$"&<6(" "(0-&2$"%V%5(26#-0("%5&/&%]&%8/&)0&*6&%V%$2 5&6"C%3(*3$%#(3("%#-$*$*%&2=(%A)$%&5(/#&/7

B0


-%71"'%/

B*


-%71"'%/

B4


-%71"'%/

B=


-./<13C"1%/

k&8#@#<79=/9/0:/5K/ S291/5#<756+527 4(*%)*&%-*+$/"-1*%3$%>;|b7aaa7aaa%$2 ^F@%\)*#(%&%4(/5&/&)0&*6&%V%c$3$/4((5C /$&2-B&/J*% )*% 5/(=/&.&% 3$% 85(V(% &2 !.5/$"&/-&3(%F*36=$*&%A)$%$"5$/&%=$*$/&/ 2&"%0(*3-0-(*$"%5&/&%2&%-.52$.$*#&0-1*%3$ *$=(0-("% $*#/$% $2% .)*3(% -*36=$*&% V% $2 "$0#(/%5/-+&3(7%]&%$\$0)0-1*%3-/$0#&%3$2%^F@ 0(*#$.52&%$"#)3-("C%0(*")2#&"C%.$"&"%3$ *$=(0-(C% 0&5&0-#&0-1*C% <(/#&2$0-.-$*#( $.5/$"&/-&2% -*36=$*&% V% 3-"$'(% 3$ 5/(5)$"#&"C% 3(*3$% 4(/5&/&)0&*6& 3$"$.5$'&/J% $2% /(2% 3$% <&0-2-#&/% 2& &/#-0)2&0-1*%3$%&0#(/$"7

D/44+9#;+#Q+962:27)#;+ $;0:/:235#Q0=+9279 Y!T5$/-$*0-&%3$%F*#$/*&0-(*&2-B&0-1*%3$ ;$/+-0-("% 3$% !3)0&0-1*% ;)5$/-(/% $* U&25&/&6"(C%3$"3$%2&%.-/&3&%3$%E/(4,-2$[C "$%3$*(.-*1%$2%#&22$/%/$&2-B&3(%$*%\)*-(%3$ `abbC%0(*%$2%(9\$#-+(%3$%3&/%&%0(*(0$/%&%2&" -*"#-#)0-(*$"% 3$% R$.)0(% >*-+$/4-)3&3 OR>4QC%$2%#/&9&\(%3$2%"$0#(/%5(/%E/(4,-2$ U&25&/&6"(C% $*% 0(*\)*#(% 0(*% 2&"% )*-+$/N "-3&3$"%3$%$"&%B(*&7%]&%-*-0-&#-+&%"$%$*.&/0& $*%$2%&00-(*&/%3$%/$2&0-(*$"%-*#$/*&0-(*&2$" 3$%R>4%V%9)"0&%<(/#&2$0$/%$*%$2%.$3-&*( 52&B(C% 2&% $T5(/#&0-1*% 3$% ;$/+-0-("% 3$ !3)0&0-1*% ;)5$/-(/% 3$"3$% 2&% /$=-1*7

J4*7#+5#+4#</1257 !*%$*$/(%3$%`abb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

BB


-%71"'%/

F/5B/12+5*7#;+#S+<498C$04@A>?M 2A;:A5C$g$2?9?>7@749:?V 4(*%2&%5&/#-0-5&0-1*%3$2%820&23$%3$%R$.)0(C%?-=)$2%^$0X$/S%3$2 @-/$0#(/%3$2%4(*"$\(%W&0-(*&2%3$%2&%4)2#)/&%V%2&"%8/#$"%G$=-1*%3$%]& 8/&)0&*6&%O4W48QC%^$*\&.6*%U(=$2C%V%3$2%@-/$0#(/%!\$0)#-+(%3$ 4(/5&/&)0&*6&C%@-$=(%^$*&+$*#$%$*%/$5/$"$*#&0-1*%3$%R$.)0( >*-+$/4-)3&3C%"$%2&*B1%$*%$2%.$"%3$%"$5#-$.9/$%2&%Y8=$*3&%R$.)0(C 4)2#)/&%}%4(*(0-.-$*#([7

B6

!"#&%&=$*3&%/$d*$%$*%$2%"-#-(%H$9%3$%R$.)0(%>*-+$/4-)3&3 #(3&"%2&"%&0#-+-3&3$"%0)2#)/&2$"%V%&0&3M.-0&"%3$%2&%0-)3&3C%V%.&/0& $2%-*-0-(%3$%)*&%&2-&*B&%$"#/&#M=-0&%0(*%$2%4(*"$\(%W&0-(*&2%3$%2& 4)2#)/&%3$%]&%8/&)0&*6&C%A)$%5/$#$*3$%5(#$*0-&/%$2%.(+-.-$*#( 0)2#)/&2%$*%2&%0-)3&37


-%71"'%/

B>


-./<13C"1%/

</=2*\5#'/)*+5+I D092)17#Q7)*+52H4+

<+5/#J50/4#;+ J9/0:/5KJ=9+5;+

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c(/#&2$0-.-$*#(%3$%8"(0-&0-(*$"%I/$.-&2$" V%!.5/$"&/-&2$"%0(*%;$/0(#$07

!*%2&%0$*&%&*)&2%3$%$.5/$"&/-("%3$%2& c)*3&0-1*% 8/&)0&*685/$*3$% N3(*3$ 5&/#-0-5&/(*%&)#(/-3&3$"%/$=-(*&2$"C%$.5/$N "&/-("C%3(*&*#$"%V%5/(<$"(/$"N%"$%3-$/(*%& 0(*(0$/%2("%2(=/("%3$2%G$"0&#$%]$0#(/%`aba%V 2("%3$"&<6("%52&*#$&3("%5&/&%$2%`abbC%&"6%0(.( 2("% *)$+("% 5/(=/&.&"% $*% 2("% A)$% $"#J #/&9&\&*3(%2&%c)*3&0-1*7%@)/&*#$%2&%&0#-+-3&3 "$%/$0(*(0-1%&%?&=3&2$*&%]$56*%3$%2&%!"0)$2& ]("%4&0,(//("%3$%]&)#&/(%V%c&**V%@)9/$-2%3$ 2&%!"0)$2&%G&.1*%G&.6/$B%3$%?&2&20&,)$22(C 5)$"% 2(=/&/(*% A)$% #(3("% ")"% *-'("% 3$% b~ 9J"-0(%2(=/&/&*%2$$/7%83$.J"%"$%$*#/$=1%)* 3-52(.&%&%#(3("%2("%$.5/$"&/-("%3(*&*#$" A)$%&5(V&/(*%$2%E/(=/&.&%G$"0&#$%]$0#(/ 3)/&*#$%$2%`aba7%4(.(%4-$//$C%$2%@-/$0#(/%3$ 2&% c)*3&0-1*C% E$3/(% P$55% /$&2-B1% )*& $T5("-0-1*%"(9/$%2&%$3)0&0-1*%$*%$2%.)*3( V%2("%3$"&<6("%A)$%+-$*$*7

F/#J9/0:/5K/#:751+1793 +4#8K/#;+#4/)#Y+G275+) !*%`abb%V%5(/%#$/0$/%&'(%0(*"$0)#-+(C 2&%/$=-1*%0(*.$.(/1%$"#$%36&%0(*%)*%&5(V( 0-)3&3&*(%A)$%,&%3$"#&0&3(%&%*-+$2%5&6"C%V A)$%#-$*$%0(.(%*(/#$%$T-=-/%)*&%+$/3&3$/& 3$"0$*#/&2-B&0-1*% 5(26#-0&C% $0(*1.-0&C &3.-*-"#/&#-+&%V%0)2#)/&27%!*%2&%(0&"-1*%"$ ,(.$*&\$1%&%A)-$*$"%,&*%&5("#&3(%5(/ $//&3-0&/%2&%$T0$"-+&%0$*#/&2-B&0-1*%3$%4,-2$K 2("%;$*&3(/$"%!)=$*-(%R).&%V%L("M%I&/06& G).-*(#S% $2% 820&23$% 3$% ]&)#&/(C% G$*&#( P&)/-S%$2%E/$"-3$*#$%3$%4(*&/$3$C%P$-*/-0, +(*%^&$/%V%$2%I(9$/*&3(/%?-=)$2%?$22&3(7

69


-%71"'%/

D/44+9#+5CA>C9LC$D$!A9:? @-+$/"("%&0#(/$"%/$=-(*&2$"%0(*+(0&3("%5(/%4(/5&/&)0&*6&%"$ /$)*-$/(*%$*%$2%R&22$/%Y8/&)0&*6&%V%E)*#([%0(*%$2%(9\$#-+(%3$%3$<-*-/ V%#/&9&\&/%)*-3("%5(/%3$"&<6("%0(.)*$"%3$%2&/=(%52&B(C%.&#$/-&2-B&3(" $*%5/(V$0#("%3$%&2#(%-.5&0#(%A)$%5(#$*0-$*%$2%3$"&//(22(%3$%2& /$=-1*7%!*%2&%&0#-+-3&3%5&/#-0-5&/(*%"$*&3(/$"C%3-5)#&3("C%&)#(/-3&3$"

3$2%=(9-$/*(%/$=-(*&2C%0(*"$\$/("%/$=-(*&2$"C%&20&23$"C%3-/-=$*#$" =/$.-&2$"C%3$%0(.)*-3&3$"%-*36=$*&"C%/$0#(/$"%3$%)*-+$/"-3&3$"C $.5/$"&/-("%V%3-/$0#(/$"%3$%2&%4(/5(/&0-1*%0(*%)*&%0(*+(0&#(/-& 0$/0&*&%&%2&"%"$"$*#&%5$/"(*&"7

6+


-%71"'%/

6,