,&&1 *5 .*/* .*/* $06/53:."/ 03*(*/"- .*/* "$$&4403*&4
&95&3*03 EFTJHO %0 5)& (3&"5 065%0034 */ 45:-& /FYU UJNF ZPV IFBS UIF DBMM PG UIF XJME BOTXFS JU ҁ JO ZPVS .*/* $PVOUSZNBO *UᅙT UIF QFSGFDU WFIJDMF GPS XIFO ZPV XBOU UP HFU BXBZ GSPN JU BMM "OE UIBOLT UP 0SJHJOBM .*/* "DDFTTPSJFT ZPV DBO EP TP JO ZPVS PXO VOJRVF TUZMF 5VSCP 'BO MJHIU BMMPZ XIFFM 3 JO 4JMWFS 4J[F + Y JODI 3 7 SVO BU UZSF "MTP BWBJMBCMF JO 8IJUF TFF BMTP Q 'JH "EEJUJPOBM IFBEMJHIUT JO #MBDL 5IF IFBEMJHIUT IBWF B EJBNFUFS PG NJMMJNFUSFT .PVOUFE JO GSPOU PG UIF SBEJBUPS HSJMMF UIFZ BSF TXJUDIFE PO XIFO IJHI CFBN JT BDUJWBUFE &YUFSJPS NJSSPS DBQT XJUI #MBDL +BDL EFTJHO $IPPTF UIJT PQUJPO BOE QFPQMF XJMM CF MPPLJOH BU ZPVS NJSSPST BMNPTU BT PGUFO BT ZPV MPPL JO UIFN
0QUJDBM VOEFS SJEF LJU 4JMWFS DPMPVSFE BUUBDINFOUT GPS UIF GSPOU BOE SFBS BQSPOT HJWF UIF .*/* $PVOUSZNBO B TUZMJTI PGG SPBE MPPL
4QPSU TUSJQFT "WBJMBCMF BT FJUIFS B CPEZ LJU GPS UIF CPOOFU BOE UBJMHBUF PS B SPPG LJU JO B DIPJDF PG #MBDL 3FE PS 8IJUF $BO BMTP CF DPNCJOFE XJUI UIF TJEF TUSJQFT JO #MBDL 3FE PS 8IJUF 4JEF TDVUUMFT 8IFUIFS ZPV DIPPTF B BH EFTJHO #MBDL +BDL PS 6OJPO +BDL PS POF PG UIF CSJHIU TPMJE DPMPVST :FMMPX 0SBOHF #MVF (SFFO PS 1JOL UIF TJEF TDVUUMFT BSF UUFE UP UIF TJEF EJSFDUJPO JOEJDBUPS MJHIUT BOE DBO CF DIBOHFE BU BOZ UJNF 6OJPO +BDL EFTJHO GPS TVOSPPG 4IPX ZPVS USVF DPMPVST XJUI UIF 6OJPO +BDL B SFNJOEFS PG PWFS HMPSJPVT ZFBST PG .*/* IJTUPSZ
*/5&3*03 EFTJHO 41"$& '03 /&8 *%&"4 *UᅙT OFWFS CFFO FBTJFS UP NBLF B DMFBO HFUBXBZ #FDBVTF BT TPPO BT ZPV DMJNC JOTJEF UIF .*/* $PVOUSZNBO ZPVᅙSF JO B MJUUMF XPSME PG ZPVS PXO ҁ BOE POF UIBU ZPV DBO QFSTPOBMJ[F XJUI 0SJHJOBM .*/* "DDFTTPSJFT .*/* KVOJPS TFBU *҃** 5IF .*/* KVOJPS TFBU *ҁ** GFBUVSFT B IFJHIU BOE UJMU BEKVTUBCMF CBDLSFTU BOE B SFTUSBJOU DVTIJPO *U IBT CFFO TQFDJ DBMMZ EFWFMPQFE GPS WFIJDMFT XJUI UIF *40'*9 DIJME TFBU NPVOUJOH TZTUFN "MM XFBUIFS PPS NBUT " TFU PG UXP PS GPVS PPS NBUT GPS UIF GSPOU BOE PS SFBS XJUI SBJTFE FEHFT QSPUFDU UIF GPPUXFMMT BHBJOTU XFU BOE EJSU "WBJMBCMF JO #MBDL XJUI .*/* MPHP PS .*/* $PPQFS 4 MFUUFSJOH 'PPUSFTU BOE QFEBM NPVOUT JO TUBJOMFTT TUFFM 5IF TQBSLMJOH TUBJOMFTT TUFFM MPPLT PG UIFTF QFEBMT BSF JO LFFQJOH XJUI UIF SBDJOH IFSJUBHF PG UIF .*/* $PVOUSZNBO 3BJM CPY XJUI UJTTVF EJTQFOTFS 5IJT QSBDUJDBM MJUSF CPY JT QFSGFDU GPS TUPSJOH TNBMM JUFNT TVDI BT B HMBTTFT DBTF XBMMFU PS NPCJMF QIPOF *O UIF DMPTFE QPTJUJPO JU DBO BMTP CF VTFE BT B UJTTVF EJTQFOTFS
3BJM OPUF IPMEFS 1FSGFDU GPS LFFQJOH JNQPSUBOU QJFDFT PG QBQFS UP IBOE 5IF SBJM OPUF IPMEFS BMTP IBT TQBDF GPS B TNBMM .*/* QFODJM BOE JODPSQPSBUFT UXP DPJO TMPUT 3BJM CBH 'FBUVSJOH B NBHOFUJD DMBTQ UIJT CBH JT EFTJHOFE GPS DBSSZJOH TNBMM BOE NFEJVN TJ[FE JUFNT *U IBOHT BU UIF TJEF PG UIF NJEEMF TFDUJPO PG UIF GVMM MFOHUI $FOUSF 3BJM GSPN UXP IPPLT BOE DBO TJNQMZ CF UBLFO PGG XIFO OPU SFRVJSFE
8JUI BOE XJUIPVU *40'*9
*40'*9 GVODUJPO DBO POMZ CF VTFE GPS DIJMESFO VQ UP LH
.64*$ $0..6/*$"5*0/4 5&$)/0-0(: '30. $06/53: 50 $-"44*$"- :PVS .*/* $PVOUSZNBO XJMM UBLF ZPV BMNPTU BOZXIFSF BOE UIBOLT UP 0SJHJOBM .*/* "DDFTTPSJFT ZPV DBO MJTUFO UP BMNPTU BOZUIJOH XIJMF ZPV ESJWF BT XFMM +VTU MFU ZPVS UBTUF CF ZPVS HVJEF "OE GPS XIFO ZPV OFFE HVJEBODF PG B NPSF QSBDUJDBM TPSU UIFSFᅙT BMXBZT UIF 1PSUBCMF OBWJHBUJPO TZTUFN
4OBQ JO BEBQUFS XJUI 64# JOUFSGBDF 'PS UIF QMBZCBDL PG NVTJD MFT TUPSFE PO B NPCJMF QIPOF UISPVHI UIF WFIJDMFᅙT BVEJP TZTUFN *U BMTP DIBSHFT UIF IBOETFU CBUUFSZ BOE FOTVSFT PQUJNVN SFDFQUJPO "WBJMBCMF GPS NPTU DVSSFOU NPCJMF QIPOFT GSPN "QQMF .PUPSPMB /PLJB 4POZ &SJDTTPO BOE 4JFNFOT BOE GPS 3*. #MBDL#FSSZn EFWJDFT J1PEጁ BEBQUFS DBCMF 5IF BEBQUFS DBCMF BMMPXT ZPV UP DPOOFDU ZPVS QPSUBCMF .1 QMBZFS PS J1PEጃ J1IPOFጃ UP UIF .*/* 3BEJP 5BCMFU %7% TZTUFN BOE JOGSBSFE TUFSFP IFBEQIPOFT 5IF QFSGFDU SFBS TFBU FOUFSUBJONFOU TZTUFN XJUI UXP NPOJUPST B CVJMU JO %7% QMBZFS B 64# JOUFSGBDF BOE UXP JO WFIJDMF NPVOUJOH QPJOUT 4VJUBCMF GPS UIF QMBZCBDL PG B WBSJFUZ PG WJEFP NVTJD BOE JNBHF MF GPSNBUT 5IF PQUJPOBM JOGSBSFE TUFSFP IFBEQIPOFT FOTVSF TVQFSC TPVOE RVBMJUZ XJUI OP BOOPZJOH USBJMJOH XJSFT
)PMEFS GPS 1PSUBCMF OBWJHBUJPO TZTUFN 5IJT IPMEFS GPS (BSNJO QPSUBCMF OBWJHBUJPO TZTUFNT DBO CF DPNCJOFE XJUI B USBG D JOGPSNBUJPO SFDFJWFS QSFWFOUJOH B NFTT PG XJSFT GPS EJGGFSFOU EFWJDFT 4VQQMJFE XJUI BO 4% DBSE DPOUBJOJOH WFIJDMF JDPOT B EJSFDUPSZ PG .*/* 4FSWJDF $FOUSFT BOE XBMMQBQFST
-VHHBHF MFJTVSF :06 $"/ 5",& *5 8*5) :06 /FYU UJNF TPNFPOF BTLT ZPV JG ZPVᅙWF HPU FWFSZUIJOH ZPV DBO USVUIGVMMZ BOTXFS ZFT #FDBVTF XJUI 0SJHJOBM .*/* "DDFTTPSJFT GPS UIF .*/* $PVOUSZNBO OPUIJOH OFFE FWFS CF MFGU CFIJOE BHBJO
"MVNJOJVN SFBS NPVOUFE SBDL MPDLBCMF 5IJT TZTUFN IBT CFFO TQFDJBMMZ EFWFMPQFE GPS .*/* BOE BMMPXT VQ UP UXP CJDZDMFT UP CF USBOTQPSUFE PO UIF CBDL PG UIF DBS 5IF UBJMHBUF DBO TUJMM CF PQFOFE XIFO UIF SBDL JT MPBEFE 'PS WFIJDMFT XJUIPVU USBJMFS UPX IJUDI 3FRVJSFT PQUJPOBM SFBS NPVOUFE SBDL QSFQBSBUJPO 3PPG SBDL CBTF TVQQPSU TZTUFN GPS SPPG SBJMT MPDLBCMF 5IF DPSSPTJPO SFTJTUBOU DSPTT CBST BSF NBEF PG IJHI TUSFOHUI BMVNJOJVN UVCJOH BOE UIFJS BOUJ UIFGU MPDLJOH NFDIBOJTN FOTVSFT UIFZ NFFU UIF IJHIFTU TFDVSJUZ TUBOEBSET 6TBCMF XJEUI BQQSPYJNBUFMZ NJMMJNFUSFT .BYJNVN SPPG MPBE LJMPHSBNT
4VSGCPBSE IPMEFS 5IJT IPMEFS GFBUVSFT TVQQPSU TVSGBDFT JO JNQBDU SFTJTUBOU QMBTUJD B CVJMU JO NBTU CSBDLFU TUSBQ FZFMFUT BOE SFUBJOJOH TUSBQT 4LJ BOE TOPXCPBSE IPMEFS MPDLBCMF 4VJUBCMF GPS DBSSZJOH FJUIFS UXP TOPXCPBSET BOE UXP QBJST PG TLJT PS VQ UP TJY QBJST PG TLJT *U BMTP IBT SPPN GPS TLJ QPMFT .*/* DPPMCBH 5IJT $'$ GSFF FMFDUSJD DPPMFS IBT B DBQBDJUZ PG MJUSFT BOE LFFQT JUT DPOUFOUT BU B UFNQFSBUVSF BQQSPYJNBUFMZ p$ CFMPX UIBU JO UIF WFIJDMF JOUFSJPS 5IF EFTJHO JT QSFUUZ DPPM BT XFMM XJUI .*/* MFUUFSJOH PO UIF GSPOU
1SPUFDUJWF CPPUTQBDF DPWFS 5IJT NVMUJGVODUJPOBM DPWFS JT NBEF PG IBSE XFBSJOH 17$ BOE GFBUVSFT B TUSJLJOH -POEPO TLZMJOF EFTJHO
05)&3 "$$&4403*&4 "5 " (-"/$&
&95&3*03 EFTJHO
4UBS %PVCMF 4QPLF 3 JO #SJMMJBOU #MBDL TJ[F + Y JODIFT
.64*$ $0..6/*$"5*0/4 5&$)/0-0(:
4UBS 5VOOFM 4QPLF 3 JO "OUISBDJUF TJ[F + Y JODIFT
%PVCMF 4QPLF 3 JO 4JMWFS TJ[F + Y JODIFT XJOUFS UZSF
.VE BQT GPS GSPOU BOE SFBS
64# J1PEጃ JOUFSGBDF
4OBQ JO BEBQUFS XJUI 64# JOUFSGBDF
6OJWFSTBM IPMEFS GPS NPCJMF EFWJDFT
4QPSUT BFSJBM
-VHHBHF MFJTVSF
&YUFSJPS NJSSPS DBQT XJUI 6OJPO +BDL EFTJHO
&YUFSJPS NJSSPS DBQT XJUI #MBDL +BDL EFTJHO
&YUFSJPS NJSSPS DBQT XJUI $IFDLFSFE 'MBH EFTJHO
&YUFSJPS NJSSPS DBQT JO :FMMPX
3PPG SBDL CBTF TVQQPSU TZTUFN GPS SPPG SBJMT MPDLBCMF
-VHHBHF SBDL MPDLBCMF
6OJWFSTBM IPMEFS
3PPG CPY
4JEF TDVUUMFT XJUI #MBDL +BDL EFTJHO
#MBDL +BDL EFTJHO GPS TVOSPPG
#PPU TUSJQFT
*OEPPS PVUEPPS DBS DPWFS
5PVSJOH DZDMF IPMEFS MPDLBCMF
3BDJOH DZDMF IPMEFS MPDLBCMF
#JDZDMF MJGU
#JDZDMF IPMEFS GPS USBJMFS UPX IJUDI MPDLBCMF
*/5&3*03 EFTJHO
5IF NPEFMT JMMVTUSBUFE NBZ JODMVEF PQUJPOBM FRVJQNFOU BOE BDDFTTPSJFT OPU UUFE BT TUBOEBSE "MUFSBUJPOT UP TQFDJ DBUJPOT TUBOEBSE BOE PQUJPOBM FRVJQNFOU BOE DPOUFOU NBZ PDDVS 4VCKFDU UP FSSPS i #.8 "( .VOJDI (FSNBOZ /PU UP CF SFQSPEVDFE XIPMMZ PS JO QBSU XJUIPVU XSJUUFO QFSNJTTJPO PG #.8 "( .VOJDI 1BSU OVNCFS 7# 1SJOUFE JO (FSNBOZ
3FBS WJFX NJSSPS IPVTJOH XJUI 6OJPO +BDL EFTJHO
"MTP BWBJMBCMF JO 0SBOHF #MVF (SFFO BOE 1JOL
.*/* CBCZ TFBU
"MM XFBUIFS PPS NBUT
5FYUJMF PPS NBUT
1SPUFDUJWF SFBS DPWFS
#BDLSFTU QSPUFDUPS
'PS NPSF JOGPSNBUJPO BOE EFUBJMT PG GVSUIFS 0SJHJOBM .*/* "DDFTTPSJFT QSPEVDUT WJTJU XXX .*/* DPN BDDFTTPSJFT