Page 1

:,16721)851,785(


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·V VW\OHSUHIHUHQFH6HHDOOWKDW:LQVWRQKDVWRRIIHULQRXUSURGXFWFDWDORJ


7$%/(2)&217(176

&ROOHFWLRQV

$OWHUQDWLYH7DEOH7RSV

0DUVHLOOH 0DQRU&ROOHFWLRQ

7UDGLWLRQDO&DVW$OXPLQXP

1RWWLQJKDP 0DQRU&ROOHFWLRQ

6ODW&DVW$OXPLQXP

0DQRU'HHS6HDWLQJ

&DQWHUEXU\&DVW$OXPLQXP

&KDUOHVWRQ6OLQJ 0DQRU&ROOHFWLRQ

7XVFDQ\&DVW$OXPLQXP

9ROWHUUD /HJDF\&ROOHFWLRQ

&RSSHU

&RURQDGR /HJDF\&ROOHFWLRQ

([HWHU&XVKLRQ

7$%/(%$6(6

([HWHU6OLQJ

2%6&85(*/$667$%/(6 $&&(6625,(6

0DGHUR&XVKLRQ

67$03('$/80,1807$%/(6

0DGHUR6OLQJ

),5(3,7

9HQHWR&XVKLRQ

80%5(//$6DQG%$6(6

9HQHWR6OLQJ

)5$0(),1,6+(6

3DOD]]R&XVKLRQ

9,1</&2/256

3DOD]]R6OLQJ

)$%5,&6

9LVLRQ5HOD[HG6OLQJ

5(3/$&(0(17&86+,216

6DYR\&XVKLRQ

5(*8/$50$,17(1$1&(

6DYR\6OLQJ

)$%5,&'(6&5,37,216

.H\:HVW6OLQJ

:$55$17<,1)250$7,21

6RXWKHUQ&D\&XVKLRQ 6RXWKHUQ&D\6OLQJ 6RXWKHUQ&D\6WUDS 6FDQGLD5HOD[HG6OLQJ 6FDQGLD6WUDS (YROXWLRQ6OLQJ 0D\IDLU6OLQJ 6HDJURYH,,6OLQJ 1H[XV:RYHQ

_  Z Z Z  Z L Q V W R Q I X U Q L W X U H  F R P


 


0$56(,//(

_0DQRU&ROOHFWLRQ

0 'LQLQJ&KDLU :'+

0 6ZLYHO7LOW'LQLQJ&KDLU :'+ 127)25&2175$&786(

0 %DU6WRRO :'+

0 6ZLYHO%DU6WRRO :'+

0% 6ZLYHO%DOFRQ\+HLJKW6WRRO :'+

0% %DOFRQ\+HLJKW6WRRO :'+

0 %HQFK :'+

LQ

Â&#x2021; &UHDWHGIURPFDVWDQGH[WUXGHGDOXPLQXPPDWHULDOV Â&#x2021; 7UDGLWLRQDOGHVLJQ Â&#x2021; (UJRQRPLFDOO\IRUPHGVHDWDQGEDFNIRUHQKDQFHGFRPIRUW Â&#x2021; *HQHURXVO\SURSRUWLRQHGVHDWEXFNHWGHVLJQ Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH

LQ

Â&#x2021; $YDLODEOHLQDOO3UHPLXPDQG6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK$QWLTXH6WHUOLQJ)DEULF 0DUVHLOOHGHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


1277,1*+$0

_0DQRU&ROOHFWLRQ

0 'LQLQJ&KDLU :'+

0 6ZLYHO7LOW'LQLQJ&KDLU :'+ 127)25&2175$&786(

0 %DU6WRRO :'+

0 6ZLYHO%DU6WRRO :'+

0% 6ZLYHO%DOFRQ\+HLJKW6WRRO :'+

0% %DOFRQ\+HLJKW6WRRO :'+

0 %HQFK :'+

LQ

Â&#x2021; &UHDWHGIURPFDVWDQGH[WUXGHGDOXPLQXPPDWHULDOV Â&#x2021; 7UDQVLWLRQDOGHVLJQ Â&#x2021; (UJRQRPLFDOO\IRUPHGVHDWDQGEDFNIRUHQKDQFHGFRPIRUW Â&#x2021; *HQHURXVO\SURSRUWLRQHGVHDWEXFNHWGHVLJQ Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH

LQ

Â&#x2021; $YDLODEOHLQDOO3UHPLXPDQG6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK%ODFN(PEHU 1RWWLQJKDPGHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


0$125'((36($7,1*

0 8OWUD6ZLYHO7LOW/RXQJH&KDLU :'+ 127)25&2175$&786(

0 8OWUD/RXQJH :'+

0 8OWUD6RID :'+

0 8OWUD/RYH6HDW :'+

0 &KDLVH/RXQJH :'+

0 2WWRPDQ :'+

%DFNRIFKDLU

LQ

Â&#x2021; &UHDWHGIURPFDVWDQGH[WUXGHGDOXPLQXPPDWHULDOV Â&#x2021; 8OWUD+LJK%DFNGHVLJQIRUUHOD[LQJFRPIRUW Â&#x2021; (UJRQRPLFDOO\VKDSHGEDFNIUDPHIRUDGGHGFRPIRUW Â&#x2021; )DEULFPHVKVHDWLQJVXEVWUXFWXUHIRUFRPIRUWDQGFXVKLRQYHQWLQJ

LQ

Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH Â&#x2021; $YDLODEOHLQDOO3UHPLXPDQG6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK%ODFN(PEHU 0DQRUGHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


&+$5/(67216/,1*

_0DQRU&ROOHFWLRQ

0 'LQLQJ&KDLU :'+

0 6ZLYHO%DU6WRRO :'+

0 6ZLYHO7LOW'LQLQJ&KDLU :'+ 127)25&2175$&786(

0 %DU6WRRO :'+

0% 6ZLYHO%DOFRQ\+HLJKW6WRRO :'+

0% %DOFRQ\+HLJKW6WRRO :'+

0 &KDLVH/RXQJH :'+

0 2WWRPDQ :'+

LQ

Â&#x2021; &UHDWHGIURPFDVWDQGH[WUXGHGDOXPLQXPPDWHULDOV Â&#x2021; 7UDQVLWLRQDOGHVLJQ Â&#x2021; 6OLPOLQHVOLQJUDLOH[WUXVLRQZLWKHUJRQRPLFGHVLJQ Â&#x2021; 6OLQJUDLOQ\ORQHQGFDSVDUHFRORUPDWFKHGWRIUDPHFRORU Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH

LQ

Â&#x2021; $YDLODEOHLQDOO3UHPLXPDQG6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK2O\PSLF*ROG)DEULF &KDUOHVWRQGHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


92/7(55$

_/HJDF\&ROOHFWLRQ

0 'LQLQJ&KDLU :'+

0 6ZLYHO%DU6WRRO :'+

0 6ZLYHO7LOW'LQLQJ&KDLU :'+ 127)25&2175$&786(

0% 6ZLYHO%DOFRQ\+HLJKW6WRRO :'+

0 7ZR6HDW%HQFK :'+

0 /RXQJH&KDLU :'+

0 /RXQJH6ZLYHO5RFNHU :'+ 127)25&2175$&786(

0 6RID :'+

0 /RYH6HDW :'+

0 &KDLVH/RXQJH :'+

0 2WWRPDQ :'+

%DFNRIFKDLU

LQ

Â&#x2021; &UHDWHGIURPFDVWDQGH[WUXGHGDOXPLQXPPDWHULDOV Â&#x2021; 7UDGLWLRQDOGHVLJQ Â&#x2021; (UJRQRPLFDOO\IRUPHGVHDWDQGEDFNIRUHQKDQFHGFRPIRUW Â&#x2021; *HQHURXVO\SURSRUWLRQHGVHDWEXFNHWGHVLJQ Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH

LQ

Â&#x2021; $YDLODEOHLQDOO3UHPLXPDQG6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK6PRRWK%ODFN 9ROWHUUDGHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


&2521$'2

_/HJDF\&ROOHFWLRQ

0 'LQLQJ&KDLU :'+

0 6ZLYHO7LOW'LQLQJ&KDLU :'+ 127)25&2175$&786(

0% 6ZLYHO%DOFRQ\+HLJKW6WRRO :'+

0 7ZR6HDW%HQFK :'+

0 /RXQJH&KDLU :'+

0 /RXQJH6ZLYHO5RFNHU :'+ 127)25&2175$&786(

0 /RYH6HDW :'+

0 &KDLVH/RXQJH :'+

0 2WWRPDQ :'+

0 6ZLYHO%DU6WRRO :'+

0 6RID :'+

%DFNRIFKDLU

LQ

Â&#x2021; &UHDWHGIURPFDVWDQGH[WUXGHGDOXPLQXPPDWHULDOV Â&#x2021; 7UDGLWLRQDOGHVLJQ Â&#x2021; (UJRQRPLFDOO\IRUPHGVHDWDQGEDFNIRUHQKDQFHGFRPIRUW Â&#x2021; *HQHURXVO\SURSRUWLRQHGVHDWEXFNHWGHVLJQ Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH

LQ

Â&#x2021; $YDLODEOHLQDOO3UHPLXPDQG6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK$QWLTXH6WHUOLQJ &RURQDGRGHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


(;(7(5&86+,21

0 'LQLQJ&KDLU :'+

0 6ZLYHO7LOW'LQLQJ&KDLU :'+ 127)25&2175$&786(

0 &KDLVH/RXQJH :'+

LQ

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGPXOWLGLPHQVLRQDODOXPLQXPH[WUXVLRQ Â&#x2021; 6ROLG&DVW$OXPLQXPVLGHIUDPHGHVLJQHOHPHQW Â&#x2021; 7UDQVLWLRQDOGHVLJQ Â&#x2021; &KDQQHO%DFNFXVKLRQGHVLJQIRUVW\OHDQGFRPIRUW Â&#x2021; 9LQ\O6WUDSFXVKLRQVHDWVXEVWUXFWXUH

LQ

Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRU Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK(VSUHVVR)DEULF ([HWHUGHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


(;(7(5&86+,21

0 /RXQJH&KDLU :'+

0 8OWUD6ZLYHO7LOW/RXQJH&KDLU :'+ 127)25&2175$&786(

0 6RID :'+

0 2WWRPDQ :'+

0 /RYH6HDW :'+

LQ

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGPXOWLGLPHQVLRQDODOXPLQXPH[WUXVLRQ Â&#x2021; 6ROLG&DVW$OXPLQXPVLGHIUDPHGHVLJQHOHPHQW Â&#x2021; 7UDQVLWLRQDOGHVLJQ Â&#x2021; &KDQQHO%DFNFXVKLRQGHVLJQIRUVW\OHDQGFRPIRUW Â&#x2021; 9LQ\O6WUDSFXVKLRQVHDWVXEVWUXFWXUH

LQ

Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRU Â&#x2021; $YDLODEOHLQVWDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK(VSUHVVR)DEULF ([HWHUGHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


(;(7(56/,1*

0 'LQLQJ&KDLU :'+

0 6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0 8OWLPDWH+LJK%DFN'LQLQJ&KDLU :'+

0 6ZLYHO%DU6WRRO :'+

0% 6ZLYHO%DOFRQ\+HLJKW%DU6WRRO :'+

0 6ZLYHO7LOW&KDW&KDLU :'+ 127)25&2175$&786(



0 6DQG&KDLU :'+

0 8OWLPDWH+LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0 &KDLVH/RXQJH :'+

0 2WWRPDQ :'+

LQ

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGPXOWLGLPHQVLRQDODOXPLQXPH[WUXVLRQ Â&#x2021; 6ROLG&DVW$OXPLQXPVLGHIUDPHGHVLJQHOHPHQW Â&#x2021; 7UDQVLWLRQDOGHVLJQ Â&#x2021; 6OLPOLQHVOLQJUDLOH[WUXVLRQZLWKHUJRQRPLFGHVLJQ Â&#x2021; 6OLQJUDLOQ\ORQHQGFDSVDUHFRORUPDWFKHGWRIUDPHFRORU

LQ

Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK%URQ]H)DEULF ([HWHUGHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


0$'(52&86+,21

0 /RXQJH&KDLU :'+

0 +LJK%DFN'LQLQJ&KDLU :'+

0 /RXQJH6ZLYHO5RFNHU :'+ 127)25&2175$&786(

0 +LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0 8OWUD6ZLYHO7LOW/RXQJH&KDLU :'+ 127)25&2175$&786(

%DFNRIFKDLU

LQ

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGPXOWLGLPHQVLRQDODOXPLQXPH[WUXVLRQ Â&#x2021; 6ROLGFDVWDOXPLQXPDUPDQGGHWDLOLQJ Â&#x2021; 1\ORQJOLGHVXQGHUIRRWIRUVXUIDFHSURWHFWLRQ Â&#x2021; &XVKLRQVPDGHIURPILEHUZUDSSHGIRDP Â&#x2021; 6HDWFXVKLRQVVXSSRUWHGE\YLQ\OVWUDSSLQJ

LQ

Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK%URQ]H

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


,PDJHRQWRS)LQLVK%URQ]H

0 6RID :'+

 

0 2WWRPDQ :'+


0$'(52&86+,21

05 'RXEOH&KDLVH/RXQJHZLWK6SOLW%DFN :'+

0 &KDLVH/RXQJH :'+

LQ

‡ &UHDWHGIURPKHDY\ZDOOHGPXOWLGLPHQVLRQDODOXPLQXPH[WUXVLRQ ‡ 6ROLGFDVWDOXPLQXPDUPDQGGHWDLOLQJ ‡ 1\ORQJOLGHVXQGHUIRRWIRUVXUIDFHSURWHFWLRQ ‡ &XVKLRQVPDGHIURPILEHUZUDSSHGIRDP

LQ

‡ 6HDWFXVKLRQVVXSSRUWHGE\YLQ\OVWUDSSLQJ ‡ $YDLODEOHLQ6WDQGDUGILQLVKHV

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


0$'(526/,1*

05 +LJK%DFN'LQLQJ&KDLU :'+

0 8OWLPDWH+LJK%DFN 'LQLQJ&KDLU :'+

05 +LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0 8OWLPDWH+LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0 6ZLYHO%DUVWRRO :'+

0% 6ZLYHO%DOFRQ\+HLJKW6WRRO :'+

0 &KDLVH/RXQJH :'+

0 2WWRPDQ :'+ 127)25&2175$&786(

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGPXOWLGLPHQVLRQDODOXPLQXPH[WUXVLRQ

LQ

Â&#x2021; 6ROLGFDVWDOXPLQXPDUP Â&#x2021; 1\ORQJOLGHVXQGHUIRRWIRUVXUIDFHSURWHFWLRQ Â&#x2021; 2QHSLHFHHUJRQRPLFDOO\VKDSHGVOLQJGHVLJQ Â&#x2021; 'LQLQJFKDLUVDYDLODEOHLQWZREDFNKHLJKWV

LQ

Â&#x2021; 6OLQJUDLOHQGFDSVPDWFKSDLQWILQLVK Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK-DYD6OLQJ

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


9(1(72&86+,21

0 'LQLQJ&KDLU :'+

0 6ZLYHO7LOW'LQLQJ&KDLU :'+ 127)25&2175$&786(

0 &KDLVH/RXQJH :'+

LQ

Â&#x2021; 7UDGLWLRQDO6W\OHGHVLJQ Â&#x2021; $OOH[WUXGHGIUDPH Â&#x2021; 0XOWLGLPHQWLRQDO([WUXVLRQ Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH Â&#x2021; &XVKLRQVFDQEHRUGHUHGZLWKDFRRUGLQDWLQJZHOWIDEULF

LQ

Â&#x2021; 9LQ\O6WUDSFXVKLRQVHDWVXEVWUXFWXUH Â&#x2021; $YDLODEOHLQ3UHPLXPDQG6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK3DWLQD)DEULF 9HQHWRGHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


9(1(72&86+,21

0 /RXQJH&KDLU :'+

0 /RYH6HDW :'+ $OVR$YDLODEOH 0 /RYH6HDW*OLGHU 127)25&2175$&786(

0 6RID :'+

0 8OWUD6ZLYHO7LOW/RXQJH&KDLU :'+ 127)25&2175$&786(

$OVR$YDLODEOH 0 6RID*OLGHU 127)25&2175$&786(

0 2WWRPDQ :'+  %DFNRIFKDLU



LQ

Â&#x2021; 7UDGLWLRQDO6W\OHGHVLJQ Â&#x2021; $OOH[WUXGHGIUDPH Â&#x2021; 0XOWLGLPHQWLRQDO([WUXVLRQ Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH Â&#x2021; &XVKLRQVFDQEHRUGHUHGZLWKDFRRUGLQDWLQJZHOWIDEULF

LQ

Â&#x2021; 9LQ\O6WUDSFXVKLRQVHDWVXEVWUXFWXUH Â&#x2021; $YDLODEOHLQ3UHPLXPDQG6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK&HQWXU\)DEULF 9HQHWRGHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


9(1(726/,1*

0 +LJK%DFN'LQLQJ&KDLU :'+

0 8OWLPDWH+LJK%DFN'LQLQJ&KDLU :'+

0 +LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0

0 6ZLYHO7LOW&KDW&KDLU :'+

0 %DU6WRRO :'+

0% %DOFRQ\+HLJKW6WRRO :'+

0 &KDLVH/RXQJH :'+

0 6DQG&KDLU :'+

0 2WWRPDQ :'+

8OWLPDWH+LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

LQ

Â&#x2021; 7UDGLWLRQDO6W\OHGHVLJQ Â&#x2021; $OOH[WUXGHGIUDPH Â&#x2021; 0XOWLGLPHQWLRQDO([WUXVLRQ Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH Â&#x2021; 6OLPOLQHVOLQJUDLOH[WUXVLRQZLWKHUJRQRPLFGHVLJQ

LQ

Â&#x2021; 6OLQJUDLOQ\ORQHQGFDSVDUHFRORUPDWFKHGWRIUDPHFRORU Â&#x2021; $YDLODEOHLQ3UHPLXPDQG6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK3DWLQD)DEULF 9HQHWRGHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


3$/$==2&86+,21

0 +LJK%DFN'LQLQJ&KDLU :'+

0 +LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0% 6ZLYHO%DOFRQ\+HLJKW6WRRO :'+

0 6ZLYHO%DUVWRRO :'+

0 6SULQJ%DVH/RXQJH5RFNHU :'+ 127)25&2175$&786(

0 2WWRPDQ :'+

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGUHFWDQJXODUDOXPLQXPH[WUXVLRQ LQ

Â&#x2021; 6ROLGDOXPLQXPVLGHIUDPHGHVLJQHOHPHQW Â&#x2021; 7UDGLWLRQDOGHVLJQ Â&#x2021; &XVKLRQWDLORULQJLQFOXGHVEXWWRQDQGZHOW Â&#x2021; %XWWRQDQGZHOWFDQEHPDGHZLWKFRRUGLQDWLQJIDEULF Â&#x2021; 9LQ\O6WUDSFXVKLRQVHDWVXEVWUXFWXUH

LQ

Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK7H[WXUHG3HZWHU)DEULFZZHOW

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


3$/$==2&86+,21

0 8OWUD6ZLYHO7LOW/RXQJH&KDLU :'+ 127)25&2175$&786(

0 6RID*OLGHU :'+ 127)25&2175$&786(

0 /RXQJH&KDLU*OLGHU :'+ 127)25&2175$&786(

0 /RXQJH6ZLYHO5RFNHU :'+ 127)25&2175$&786(

0 /RYH6HDW*OLGHU :'+ 127)25&2175$&786(

0 6WDWLRQDU\6RID :'+ 127)25&2175$&786(

05 &KDLVH/RXQJH :'+

%DFNRIFKDLU

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGUHFWDQJXODUDOXPLQXPH[WUXVLRQ LQ

Â&#x2021; 6ROLGDOXPLQXPVLGHIUDPHGHVLJQHOHPHQW Â&#x2021; 7UDGLWLRQDOGHVLJQ Â&#x2021; &XVKLRQWDLORULQJLQFOXGHVEXWWRQDQGZHOW Â&#x2021; %XWWRQDQGZHOWFDQEHPDGHZLWKFRRUGLQDWLQJIDEULF Â&#x2021; 9LQ\O6WUDSFXVKLRQVHDWVXEVWUXFWXUH

LQ

Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK6PRRWK%ODFN

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


3$/$==26/,1*

05 +LJK%DFN'LQLQJ&KDLU :'+

0 8OWLPDWH+LJK%DFN'LQLQJ&KDLU :'+

0 6ZLYHO%DU6WRRO :'+

0 $GMXVWDEOH&KDLU :'+ 127)25&2175$&786(

0% 6ZLYHO%DOFRQ\+HLJKW6WRRO :'+

05 +LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0 8OWLPDWH+LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0 /RYH6HDW*OLGHU :'+ 127)25&2175$&786(

0 &KDLVH/RXQJH :'+

0 2WWRPDQ :'+ 

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGUHFWDQJXODUDOXPLQXPH[WUXVLRQ

LQ

Â&#x2021; 6ROLG&DVW$OXPLQXPVLGHIUDPHGHVLJQHOHPHQW Â&#x2021; 7UDGLWLRQDOGHVLJQ Â&#x2021; (UJRQRPLFDOO\IRUPHGVOLQJEXFNHWDYDLODEOHLQWZRKHLJKWV Â&#x2021; 6OLQJUDLOQ\ORQHQGFDSVDUHFRORUPDWFKHGWRIUDPHFRORU

LQ

Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK-DYD6OLQJ

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


9,6,215(/$;('6/,1*

06 1HVWLQJ5HOD[HG6OLQJ'LQLQJ&KDLU :'+6+

06 5HOD[HG6OLQJ%DU6WRRO :'+6+

06 1HVWLQJ5HOD[HG6OLQJ6SD&KDLU :'+6+

06 1HVWLQJ5HOD[HG6OLQJ&KDLVH/RXQJH :'+6+

06 6KRZQ1HVWHG

066KRZQ1HVWHG

%DFNRIFKDLVH

LQ

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGPXOWLGLPHQVLRQDODOXPLQXPH[WUXVLRQ Â&#x2021; &RQWHPSRUDU\GHVLJQ

LQ

Â&#x2021; )UDPHVQHVW H[FHSWEDUVWRRO

Â&#x2021; (UJRQRPLFDOO\IRUPHGWZRSLHFHVOLQJEXFNHW Â&#x2021; 1HZGHVLJQPRGLILFDWLRQDOORZVIRUHDVLHUFKDQJLQJRIWKHVOLQJLIQHHGHG

LQ

Â&#x2021; 5HOD[HGVOLQJLVDVOLJKWO\VRIWHUVHDWWKDQWUDGLWLRQDOVOLQJEXFNHWV Â&#x2021; *RRGFKRLFHIRUFRPPHUFLDOFRQWUDFWHQYLURQPHQWV Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK7H[WXUHG6LOYHU6OLQJ

LQ

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


6$92<&86+,21

0 'LQLQJ&KDLU :'+

0 6ZLYHO7LOW'LQLQJ&KDLU :'+ 127)25&2175$&786(

0 &KDLVH/RXQJH :'+

LQ

‡ 7UDQVLWLRQDO6W\OHGHVLJQZLWKKLJKEDFNFXVKLRQV ‡ $OOH[WUXGHGIUDPH ‡ 0XOWLGLPHQWLRQDO([WUXVLRQ ‡ 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH ‡ &XVKLRQVFDQEHRUGHUHGZLWKDFRRUGLQDWLQJZHOWIDEULF

LQ

‡ 9LQ\O6WUDSFXVKLRQVHDWVXEVWUXFWXUH ‡ $YDLODEOHLQ3UHPLXPDQG6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK0HWDOOLF*UDSKLWH)DEULF 6DYR\GHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


6$92<&86+,21

0 /RXQJH&KDLU :'+

0 6RID :'+

0 8OWUD6ZLYHO7LOW/RXQJH&KDLU :'+ 127)25&2175$&786(

$OVR$YDLODEOH 0 6RID*OLGHU 127)25&2175$&786(  

0 /RYH6HDW :'+ $OVR$YDLODEOH 0 /RYH6HDW*OLGHU 127)25&2175$&786(

0 2WWRPDQ :'+ 

LQ

Â&#x2021; 7UDQVLWLRQDO6W\OHGHVLJQZLWKKLJKEDFNFXVKLRQV Â&#x2021; $OOH[WUXGHGIUDPH Â&#x2021; 0XOWLGLPHQWLRQDO([WUXVLRQ Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH Â&#x2021; &XVKLRQVFDQEHRUGHUHGZLWKDFRRUGLQDWLQJZHOWIDEULF

LQ

Â&#x2021; 9LQ\O6WUDSFXVKLRQVHDWVXEVWUXFWXUH Â&#x2021; $YDLODEOHLQ3UHPLXPDQG6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK0HWDOOLF*UDSKLWH)DEULF 6DYR\GHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


6$92<6/,1*

0 +LJK%DFN'LQLQJ&KDLU :'+

0 8OWLPDWH+LJK%DFN'LQLQJ&KDLU :'+

0 +LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0 8OWLPDWH+LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0 6ZLYHO7LOW&KDW&KDLU :'+ 127)25&2175$&786(

0 %DU6WRRO :'+

0% %DOFRQ\+HLJKW6WRRO :'+

0 &KDLVH/RXQJH :'+

0 6DQG&KDLU :'+

0 2WWRPDQ :'+

LQ

Â&#x2021; 7UDQVLWLRQDO6W\OHGHVLJQ Â&#x2021; $OOH[WUXGHGIUDPH Â&#x2021; 0XOWLGLPHQWLRQDO([WUXVLRQ Â&#x2021; ´&HQWHU6HDWµEUDFLQJRQGLQLQJFKDLUHOLPLQDWHVORZHUOHJEUDFLQJ Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH

LQ

Â&#x2021; 6OLQJUDLOH[WUXVLRQZLWKHUJRQRPLFGHVLJQ Â&#x2021; 6OLQJUDLOQ\ORQHQGFDSVDUHFRORUPDWFKHGWRIUDPHFRORU Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK'ULIWZRRG6OLQJ 6DYR\GHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


.(<:(676/,1*

05 +LJK%DFN'LQLQJ&KDLU :'+

0 8OWLPDWH+LJK%DFN'LQLQJ&KDLU :'+

0 8OWLPDWH+LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

05 +LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0 &KDLVH/RXQJH :'+

05 6WDFNDEOH&KDLVH/RXQJH :'+

06 8QLYHUVDO5HOD[HG6OLQJ6WDFN 6OHG%DVH6DQG&KDLU :'+6+

0 $GMXVWDEOH&KDLU :'+ 127)25&2175$&786(

05 6ZLYHO%DU6WRRO :'+ $+6+

05 +LJK%DFN&KDLU*OLGHU :'+ 127)25&2175$&786(

0 /RYH6HDW*OLGHU :'+ 127)25&2175$&786(

0 2WWRPDQ :'+

LQ

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGRFWDJRQDODOXPLQXPH[WUXVLRQ Â&#x2021; 7UDQVLWLRQDOGHVLJQ Â&#x2021; (UJRQRPLFDOO\IRUPHGVOLQJEXFNHWDYDLODEOHLQWZRKHLJKWV Â&#x2021; 6OLQJUDLOQ\ORQHQGFDSVDUHFRORUPDWFKHGWRIUDPHFRORU

LQ

Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK%URQ]H

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


6287+(51&$<&86+,21

0 'LQLQJ&KDLU :'+

0 6ZLYHO7LOW'LQLQJ&KDLU :'+ 127)25&2175$&786(

0 &KDLVH/RXQJH :'+

LQ

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGHOOLSWLFDODOXPLQXPH[WUXVLRQ Â&#x2021; &RQWHPSRUDU\GHVLJQ Â&#x2021; (UJRQRPLFVKDSHGEDFNIUDPHIRUDGGHGFRPIRUW Â&#x2021; 9LQ\O6WUDSFXVKLRQVHDWVXEVWUXFWXUH Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH

LQ

Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK%URQ]H)DEULF 6RXWKHUQ&D\GHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


6287+(51&$<&86+,21

0 /RXQJH6ZLYHO5RFNHU :'+ 127)25&2175$&786(

0 6WDWLRQDU\/RXQJH :'+

0 /RYH6HDW :'+

0 2WWRPDQ :'+ 

0 6RID :'+

LQ

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGHOOLSWLFDODOXPLQXPH[WUXVLRQ Â&#x2021; &RQWHPSRUDU\GHVLJQ Â&#x2021; (UJRQRPLFVKDSHGEDFNIUDPHIRUDGGHGFRPIRUW Â&#x2021; 9LQ\O6WUDSFXVKLRQVHDWVXEVWUXFWXUH

LQ

Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)DEULF 6RXWKHUQ&D\GHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


6287+(51&$<6/,1*

0 1HVWLQJ'LQLQJ&KDLU :'+

0 6ZLYHO'LQLQJ&KDLU :'+ 127)25&2175$&786(

0 6WDWLRQDU\%DU6WRRO :'+

0% 6WDWLRQDU\%DOFRQ\+HLJKW6WRRO :'+

0 6WDFNLQJ6DQG&KDLU :'+

0$ &KDLVH/RXQJH :'+

0 6WDFNLQJ&KDLVH/RXQJH:LWKRXW$UPV :'+

0 2WWRPDQ :'+ 

LQ

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGHOOLSWLFDODOXPLQXPH[WUXVLRQ Â&#x2021; &RQWHPSRUDU\GHVLJQ Â&#x2021; 6OLPOLQHVOLQJUDLOH[WUXVLRQZLWKHUJRQRPLFGHVLJQ Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH

LQ

Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK6PRRWK%ODFN6OLQJ 6RXWKHUQ&D\GHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


6287+(51&$<675$3

0 'LQLQJ&KDLU :'+

0 6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0 %DU6WRRO :'+

0% %DOFRQ\+HLJKW6WRRO :'+

0 6DQG&KDLU :'+

0 &KDLVH/RXQJH :'+

0 2WWRPDQ :'+

LQ

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGHOOLSWLFDODOXPLQXPH[WUXVLRQ Â&#x2021; &RQWHPSRUDU\GHVLJQ Â&#x2021; 9LUJLQYLQ\OZLWKPLOGHZLQKLELWRUVµZLGH Â&#x2021; *RRGFKRLFHIRUFRPPHUFLDOFRQWUDFWHQYLURQPHQWV

LQ

Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK7H[WXUHG3HZWHU6WUDS 6RXWKHUQ&D\&XVKLRQGHVLJQHGE\-RKQ&DOGZHOO

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


6&$1',$5(/$;('6/,1*

06 1HVWLQJ5HOD[HG6OLQJ'LQLQJ&KDLU :'+6+

06 1HVWLQJ5HOD[HG6OLQJ6OHG%DVH6DQG&KDLU :'+6+

06 5HOD[HG6OLQJ%DU6WRRO :'+6+

06 5HOD[HG6OLQJ6WDFN&KDLVH/RXQJH :'+6+

066KRZQQHVWHG

06 1HVWLQJ5HOD[HG6OLQJ6SD&KDLU :'+6+

066KRZQVWDFNHG

%DFNRIFKDLVH

LQ

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGPXOWLGLPHQVLRQDODOXPLQXPH[WUXVLRQ Â&#x2021; 7UDQVLWLRQDOGHVLJQ

LQ

Â&#x2021; )UDPHVQHVW H[FHSWEDUVWRRO

Â&#x2021; (UJRQRPLFDOO\IRUPHGWZRSLHFHVOLQJEXFNHW Â&#x2021; 1HZGHVLJQPRGLILFDWLRQDOORZVIRUHDVLHUFKDQJLQJRIWKHVOLQJLIQHHGHG

LQ

Â&#x2021; 5HOD[HGVOLQJLVDVOLJKWO\VRIWHUVHDWWKDQWUDGLWLRQDOVOLQJEXFNHWV Â&#x2021; *RRGFKRLFHIRUFRPPHUFLDOFRQWUDFWHQYLURQPHQWV Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH

LQ

Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV &KDLVH/RXQJHRQO\

,PDJHRQOHIW)LQLVK6PRRWK:KLWH6OLQJ

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


6&$1',$675$3

0 1HVWLQJ'LQLQJ&KDLU'RXEOH:UDSSHG :'+6+

0 6WDWLRQDU\%DU6WRRO'RXEOH:UDSSHG :'+6+

0 1HVWLQJ6DQG&KDLU'RXEOH:UDSSHG :'+6+

0 6WDFNLQJ&KDLVH/RXQJH'RXEOH:UDSSHG :'+6+

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGUDGLXVHGJHRYDODOXPLQXPH[WUXVLRQ

LQ

Â&#x2021; &RQWHPSRUDU\GHVLJQ Â&#x2021; 9LUJLQYLQ\OZLWKPLOGHZLQKLELWRUVµZLGH Â&#x2021; 'RXEOH:UDSSHGVWUDS Â&#x2021; *RRGFKRLFHIRUFRPPHUFLDOFRQWUDFWHQYLURQPHQWV

LQ

Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK6PRRWK6LOYHU6WUDS

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


(92/87,216/,1*

0 +LJK%DFN'LQLQJ&KDLU :'+

0 8OWLPDWH+LJK%DFN'LQLQJ&KDLU :'+

0 +LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0 8OWLPDWH+LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0 /RYH6HDW*OLGHU :'+ 127)25&2175$&786(

0 &KDLVH/RXQJH :'+

06 8QLYHUVDO6WDFN6OHG%DVH6DQG&KDLU :'+6+

LQ

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGRFWDJRQDODOXPLQXPH[WUXVLRQ Â&#x2021; 7UDQVLWLRQDOGHVLJQ Â&#x2021; (UJRQRPLFDOO\IRUPHGVOLQJEXFNHWDYDLODEOHLQWZRKHLJKWV Â&#x2021; 6OLQJUDLOQ\ORQHQGFDSVDUHFRORUPDWFKHGWRIUDPHFRORU

LQ

Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK7H[WXUHG3HZWHU6OLQJ

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


0$<)$,56/,1*

0 +LJK%DFN'LQLQJ&KDLU :'+

0 8OWLPDWH+LJK%DFN'LQLQJ&KDLU :'+

0 8OWLPDWH+LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0 &KDLVH/RXQJH :'+

0 +LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

LQ

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGPXOWLGLPHQVLRQDODOXPLQXPH[WUXVLRQ Â&#x2021; 7UDQVLWLRQDOGHVLJQ Â&#x2021; &RORUPDWFKQ\ORQJOLGHVIRUVXUIDFHSURWHFWLRQ Â&#x2021; 2QHSLHFHHUJRQRPLFDOO\VKDSHGVOLQJGHVLJQ Â&#x2021; 'LQLQJFKDLUVDYDLODEOHLQWZREDFNKHLJKWV

LQ

Â&#x2021; 6OLQJUDLOHQGFDSVPDWFKSDLQWILQLVK Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK-DYD

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


6($*529(,,6/,1*

0 6WDFNDEOH+LJK%DFN'LQLQJ&KDLU :'+

0 6WDFNDEOH8OWLPDWH+LJK%DFN'LQLQJ&KDLU :'+

0 +LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0 $GMXVWDEOH&KDLU :'+ 127)25&2175$&786(

0 8OWLPDWH+LJK%DFN6ZLYHO7LOW&KDLU :'+ 127)25&2175$&786(

0 /RYH6HDW*OLGHU :'+ 127)25&2175$&786(

05 &KDLVH/RXQJH :'+

0 2WWRPDQ :'+

Â&#x2021; &UHDWHGIURPKHDY\ZDOOHGUDGLXVHGJHUHFWDQJXODUDOXPLQXPH[WUXVLRQ

LQ

Â&#x2021; 7UDQVLWLRQDOGHVLJQ Â&#x2021; (UJRQRPLFDOO\IRUPHGVOLQJEXFNHWDYDLODEOHLQWZRKHLJKWV Â&#x2021; 6OLQJUDLOQ\ORQHQGFDSVDUHFRORUPDWFKHGWRIUDPHFRORU Â&#x2021; 1\ORQIRRWJOLGHVSURWHFWIXUQLWXUHDQGIORRUVXUIDFH

LQ

Â&#x2021; $YDLODEOHLQ6WDQGDUGILQLVKHV

,PDJHRQOHIW)LQLVK-DYD

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


 


1(;86:29(1

0 6WDFNLQJ'LQLQJ&KDLU:LWK$UPV :'+ 2SWLRQDOVHDWSDGDYDLODEOH0

0 &KDLVH/RXQJH :'+ 2SWLRQDOVHDWSDGDYDLODEOH0

0 %DU6WRRO :'+ 2SWLRQDOVHDWSDGDYDLODEOH0 

0 $UPOHVV6LQJOH6HDW :'+

064 (QG7DEOH :'+

064 &RIIHH7DEOH :'+

Â&#x2021; 2QO\DYDLODEOHLQ´5RVHZRRGµ:HDYHFRORUDWLRQ DVVKRZQ

Â&#x2021; 3URSULHWDU\SRO\HWK\OHQHZHDYHPDWHULDOZLWK89VWDELOL]HUV Â&#x2021; +DQGZRYHQRYHUSDLQWHGWXEXODUDOXPLQXPIUDPH Â&#x2021; $FU\OLFXQGHUQHDWKDOOWDEOHWRSVIRUVXSSRUWRIZHDYH Â&#x2021; 6HDWFXVKLRQVLQFRUSRUDWH9HOFURWLHVWKDWDIIL[WRH\HOHWVEXLOWLQWRIUDPH Â&#x2021; 5XEEHUL]HGIRRWJOLGHVKHOSKROGIXUQLWXUHVWDWLRQDU\ Â&#x2021; 3DLQWHG´8µFODPSKROGVXQLWVWRJHWKHU

5RVHZRRG:HDYH

,PDJHRQOHIW)LQLVK5RVHZRRG:HDYH

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


,PDJHRQWRS)LQLVK5RVHZRRG:HDYH

0 &RUQHU6HDW :'+

 

0 /RXQJH&KDLU :'+

0 $UPOHVV7ZR6HDW :'+

0 2WWRPDQ :'+


1(;86:29(1

0+648 %DU7DEOH :'+

0648 6TXDUH7DEOH :'+

0648 6TXDUH7DEOH :'+

Â&#x2021; 2QO\DYDLODEOHLQ´5RVHZRRGµ:HDYHFRORUDWLRQ DVVKRZQ

Â&#x2021; 3URSULHWDU\SRO\HWK\OHQHZHDYHPDWHULDOZLWK89VWDELOL]HUV Â&#x2021; +DQGZRYHQRYHUSDLQWHGWXEXODUDOXPLQXPIUDPH Â&#x2021; $FU\OLFXQGHUQHDWKDOOWDEOHWRSVIRUVXSSRUWRIZHDYH Â&#x2021; 6HDWFXVKLRQVLQFRUSRUDWH9HOFURWLHVWKDWDIIL[WRH\HOHWVEXLOWLQWRIUDPH Â&#x2021; 5XEEHUL]HGIRRWJOLGHVKHOSKROGIXUQLWXUHVWDWLRQDU\ Â&#x2021; 3DLQWHG´8µFODPSKROGVXQLWVWRJHWKHU

5RVHZRRG:HDYH

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


: , 1 6 7 2 1 · 6  2 1  6 , 7 (  & $ 6 7 $ / 8 0 , 1 8 0  ) 2 8 1 ' 5 < :LQVWRQ·VVTXDUHIRRWFDVWDOXPLQXPIRXQGU\ LVUHVSRQVLEOHIRUFUHDWLQJDOORI:LQVWRQ&DVW $OXPLQXPWDEOHWRSVDQGIXUQLWXUHFRPSRQHQWV 7KLVGHSDUWPHQWLVVWDIIHGE\KLJKO\VNLOOHG HPSOR\HHV+DYLQJWKLVIDFLOLW\RQVLWHWRWDOO\ HOLPLQDWHVWKHQHHGIRUUHO\LQJRQRXWVLGHVRXUFHV IRUFDVWSDUWV  3LFWXUHGOHIWDUHHPSOR\HHVSUHSDULQJWRSRXU PROWHQDOXPLQXPLQWRWKHVDQGFDVWLQJRIZKDWZLOO EHFRPHDFDVWWDEOHWRS:LQVWRQSURGXFHV´VDQG FDVWLQJVµZKLFKLVDFHQWXULHVROGSURFHVV6DQG FDVWLQJDFFHQWXDWHVWKHKDQGEXLOWQDWXUHRIWKH IXUQLWXUHDQGDGGVWRWKHVRSKLVWLFDWLRQDQGDUWLVWU\ RIDOORI:LQVWRQ·VFDVWDOXPLQXPIXUQLWXUH

75$',7,21$/&$67$/80,180$/7(51$7,9(7236 :LQVWRQ V&DVWDOXPLQXPWDEOHWRSVDUHWUXO\DZRUNRIDUW%HLQJPDGHRIDOXPLQXPWKLVWDEOHZLOOQRWUXVWRUZDUSRYHUWLPH

0&$65RXQG&DVW7RS 0&$65RXQG&DVW7RS

0&$6[2YDO&DVW 'LQLQJ7RSZLWK+ROH

 

0&$6[5HFWDQJXODU &DVW'LQLQJ7RSZLWK+ROH

0&$65RXQG&DVW7RSZLWK+ROH 0&$65RXQG&DVW7RSZLWK+ROH 0&$65RXQG&DVW7RSZLWK+ROH

0&$6[2YDO&DVW &RFNWDLO'LQLQJ7RS2QO\7RSILWV EDVHV0%DQG0%DQG %DOFRQ\+HLJKW%DVHV0%DQG 0%%

0&$66TXDUH&DVW 'LQLQJ7RSZLWK+ROH

7DEOHEDVHVIRUDOODOWHUQDWLYHWRSVDUHVKRZQRQSDJHV7KH7UDGLWLRQDODQG6ODW&DVW$OXPLQXPWRSVDUHDYDLODEOHLQ3UHPLXPDQG6WDQGDUG)LQLVKHVVKRZQ RQSDJH127(7+$77236$1'%$6(6$5(62/'6(3$5$7(/<'LQLQJWDEOHEDVHVDUH.' NQRFNGRZQDVVHPEO\UHTXLUHG 2Q.'WDEOHEDVHVWKHFDVW DOXPLQXPEUDFNHWDWWDFKHVWKHOHJVWRWKHLQQHUULQJ(DV\WRIROORZLQVWUXFWLRQVIRUDVVHPEO\DUHLQFOXGHGZLWKHDFKWDEOHEDVH


6/$7&$67$/80,180$/7(51$7,9(7236 %\XWLOL]LQJWKHDUWLVWU\RIFDVWDOXPLQXP:LQVWRQ V6ODWDOXPLQXPWRSVRIIHUERWKJUHDWORRNVDQGGXUDELOLW\7UXO\DWRSWKDWZLOOSDVVWKHWHVWRIWLPH

0(;7[5HFWDQJXODU&DVW &RFNWDLO'LQLQJ7RS2QO\ 1R+ROH

7RSILWVEDVHV0%DQG0%DQG %DOFRQ\+HLJKW%DVHV0%DQG0%%

0(;75RXQG &DVW7RS 0(;75RXQG &DVW7RS

0(;75RXQG&DVW7RSZLWK+ROH 0(;75RXQG&DVW7RSZLWK+ROH 0(;75RXQG&DVW7RSZLWK+ROH

0(;7[5HFWDQJXODU&DVW'LQLQJ7RSZLWK+ROH

&$17(5%85<&$67$/80,1807236 :LQVWRQ·VQHZ&DQWHUEXU\&DVW$OXPLQXPWRSLVIDVKLRQHGIURPDQDFWXDOVWRQHWRSPROG7KHKDQGDSSOLHGÃ&#x20AC;QLVKJLYHVWKHLPSUHVVLRQRIDOX[XULRXVWUDYHUWLQHVWRQH WRS7KLVLVWKHSHUIHFWDGGLWLRQWR:LQVWRQ·VSRSXODUOLQHRIVROLGFDVWDOXPLQXPWRSV$YDLODEOHRQO\LQÃ&#x20AC;QLVKVKRZQ

0&$1[ 5HFWDQJXODU&DVW7RS2QO\

0&$15RXQG &DVW7RS2QO\ :'+

0&$15RXQG &DVW7RS2QO\ZLWK+ROH :'+

0&$1[5HFWDQJXODU&DVW'LQLQJ7RS2QO\ZLWK+ROH

0&$15RXQG &DVW7RS2QO\ZLWK+ROH :'+

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


786&$1<&$67$/80,1807236 7XVFDQ\&DVW7RSVWDNHGHWDLOWRDQHZOHYHO7KLVLQWULFDWHO\GHWDLOHGWRSLVILOOHGZLWKYDU\LQJVKDSHVWKDWZRUNLQXQLVRQWRGHOLYHUDVWXQQLQJO\ZHOOGHVLJQHGWRS 7KLVWRSKLJKOLJKWVWKHPXOWLVWHSSUHPLXPILQLVKHVH[FHSWLRQDOO\ZHOO$YDLODEOHLQVWDQGDUGILQLVKHVDVZHOO

07865RXQG&DVW7RS :'+

07865RXQG&DVW7RS :'+

07865RXQG&DVW7RS :'+

0786[2YDO&DVW7RS :'+

&233(57236



2QHRIDNLQGKHLUORRPTXDOLW\KDPPHUHGFRSSHUWRSVKDYHEHHQLQGLYLGXDOO\KDQGKDPPHUHGIRUPHGDQGDVVHPEOHGXVLQJSURFHVVHVDQGWHFKQLTXHVWKDWDUH KXQGUHGVRI\HDUVROG7KHQDWXUDOSDWLQDZLOOYDU\IURPDUHDWRDUHDDQGSLHFHWRSLHFH-XVWSULRUWREHLQJSDFNDJHGDOLJKWFRDWRISDVWHZD[LVDSSOLHG7KLV DSSOLFDWLRQZLOOWHPSRUDULO\VORZGRZQWKHQDWXUDODJLQJSURFHVV0XFKOLNHDQDQWLTXHKHDY\ZDOONLWFKHQSRWRUSDQWKHVXUIDFHDSSHDUDQFHZLOOEHWKHGLUHFW UHVXOWRIWKHDSSURDFK\RXWDNHWRPDLQWHQDQFH1RWH&RSSHU7RSV$UH1RW$YDLODEOH:LWK8PEUHOOD+ROHV

&1'5RXQG&RSSHU7RS :'+

&1'5RXQG&RSSHU7RS :'+

&1'5RXQG&RSSHU7RS :'+

&1'5HFWDQJXODU&RSSHU7RS :'+

&1'5RXQG&RSSHU7RS :'+ &1'5RXQG&RSSHU7RS ::+

 

7DEOHEDVHVIRUDOODOWHUQDWLYHWRSVDUHVKRZQRQSDJHVDQGDUHDYDLODEOHLQ3UHPLXPDQG6WDQGDUG)LQLVKHV127(7+$77236$1'%$6(6$5(62/' 6(3$5$7(/<'LQLQJWDEOHEDVHVDUH.' NQRFNGRZQDVVHPEO\UHTXLUHG 2Q.'WDEOHEDVHVWKHFDVWDOXPLQXPEUDFNHWDWWDFKHVWKHOHJVWRWKHLQQHU ULQJ(DV\WRIROORZLQVWUXFWLRQVIRUDVVHPEO\DUHLQFOXGHGZLWKHDFKWDEOHEDVH


7$%/(%$6(6)25$/7(51$7,9(7236

0%[5HFWDQJXODU &RFNWDLO7DEOH%DVH2QO\ $Q\7RS

0%5RXQG 2FFDVLRQDO7DEOH%DVH2QO\ $Q\RU7RS

0%5RXQG'LQLQJ 7DEOH%DVH2QO\ $Q\RU7RS

0%%5RXQG%DOFRQ\+HLJKW7DEOH %DVH2QO\ $Q\RU7RS 0%%5RXQG%DOFRQ\+HLJKW7DEOH %DVH2QO\ $Q\RU7RS

0%/5RXQG/RZ&RFNWDLO7DEOH%DVH2QO\ $Q\RU7RS

0%6TXDUH'LQLQJ7DEOH%DVH2QO\ $Q\7RS

0%/5RXQG/RZ&RFNWDLO7DEOH%DVH2QO\ $Q\RU7RS

0%%6TXDUH%DOFRQ\+HLJKW7DEOH%DVH2QO\ $Q\7RS

0%5HFWDQJXODU'LQLQJ7DEOH%DVH2QO\ $Q\7RS

0%2YDO'LQLQJ7DEOH%DVH2QO\ $Q\RU7RS

7KHVHWDEOHEDVHVILWDQ\UHODWLYHVL]HDOWHUQDWLYHWRS7KHVHEDVHVDUHDYDLODEOHLQ3UHPLXP DQG6WDQGDUGILQLVKHV

0%5RXQG'LQLQJ7DEOH %DVH2QO\ $Q\RU7RS

0%+5RXQG%DU7DEOH %DVH2QO\ $Q\RU7RS

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


7$%/(%$6(6)25$/7(51$7,9(7236

0%[5HFWDQJXODU &RFNWDLO7DEOH%DVH2QO\ $Q\7RS

0%/5RXQG/RZ &RFNWDLO7DEOH%DVHIRU7RSV $Q\RU7RS

0%5RXQG /DPS7DEOH%DVH2QO\ $Q\RU7RS

0%%5HFWDQJXODU %DOFRQ\+HLJKW'LQLQJ7DEOH %DVH2QO\$Q\7RS

0%/5RXQG/RZ &RFNWDLO7DEOH%DVHIRU7RSV $Q\RU7RS

0%5HFWDQJXODU 'LQLQJ7DEOH%DVH2QO\ $Q\7RS

0%5RXQG'LQLQJ 7DEOH%DVH2QO\ $Q\RU7RS

0%6TXDUH'LQLQJ7DEOH %DVH2QO\ $Q\7RS

0%5RXQG'LQLQJ 7DEOH%DVH $Q\RU7RS

0%%6TXDUH%DOFRQ\ +HLJKW7DEOH%DVH2QO\ $Q\7RS

0%+5RXQG%DU7DEOH %DVH2QO\ $Q\RU7RS

0%5RXQG'LQLQJ 7DEOH%DVH $Q\7RS

0%%5RXQG%DOFRQ\+HLJKW7DEOH%DVH2QO\ $Q\RU7RS 0%%5RXQG%DOFRQ\+HLJKW7DEOH%DVH2QO\ $Q\RU7RS

 

0%5HFWDQJXODU'LQLQJ 7DEOH%DVH2QO\ $Q\7RS

7KHVHWDEOHEDVHVILWDQ\UHODWLYHVL]HDOWHUQDWLYHWRS7KHVHEDVHVDUHDYDLODEOHLQ3UHPLXPDQG6WDQGDUGILQLVKHV

0%2YDO'LQLQJ 7DEOH%DVH2QO\ $Q\RU7RS


2%6&85(*/$667$%/(6 $&&(6625,(6 2EVFXUHJODVVLWHPV **85*8+*8 127)25&2175$&786(

$YDLODEOHLQ6WDQGDUG)LQLVKHV3DJH

0*7HD&DUW :['[+

0*2FFDVLRQDO7DEOH :['[+

0*2FFDVLRQDO7DEOH :['[+

0*/DPS7DEOH :['[+

0*&RFNWDLO7DEOH :['[+

05*8 :['[+ 05*8 :['[+

05*85RXQG'LQLQJ7DEOH :['[+ VKRZQ

05*8:['[+ 05*8:['[+

05*8+LJK'LQLQJ7DEOH :['[+

0+*8+LJK'LQLQJ7DEOH :['[+

67$03('$/80,1807$%/(6 :LQVWRQ$OXPLQXP6WDPSHGWRSVDUHFUHDWHGIURPVROLGDOXPLQXP7KHJHRPHWULFSDWWHUQRIFLUFOHVJLYHWKHVHWDEOHVGHVLJQVLPSOLFLW\DQGVRSKLVWLFDWLRQ 6WDPSHGDOXPLQXPWDEOHVDUHDYDLODEOHLQ6WDQGDUGILQLVKHV6WDQGDUGILQLVKHVDUHRQSDJH

067'LQLQJ8PEUHOOD7DEOH ZLWK6WDPSHG7RS :'+

0675RXQG6LGH7DEOHZLWK 6WDPSHG7RS :'+

0675RXQG6LGH 7DEOHZLWK6WDPSHG7RS :'+

067'LQLQJ8PEUHOOD7DEOH ZLWK6WDPSHG7RS :'+

067'LQLQJ8PEUHOOD7DEOH ZLWK6WDPSHG7RS :'+

0675RXQG'LQLQJ7DEOH ZLWK6WDPSHG7RS )XOO\:HOGHG

:'+

067'LQLQJ8PEUHOOD7DEOH ZLWK6WDPSHG7RS :'+

067846TXDUH'LQLQJ7DEOH ZLWK6WDPSHG7RS )XOO\:HOGHG

:'+

0+67846TXDUH%DU7DEOH ZLWK6WDPSHG7RS )XOO\ZHOGHG

:'+

0+6785RXQG%DU 7DEOHZLWK6WDPSHG7RS :'+

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


),5(3,76

03,7µ5RXQG.')LUH3LW ZRRGEXUQLQJ

(DFKÃ&#x20AC;UHSLWLQFOXGHVDVSDUNVFUHHQ VWRNHUJUDWHOLIWZDQGDQGZRRGJUDWH

 

7ZRÃ&#x20AC;QJHUKROHVDUHSURYLGHGIRUHDV\OLIWLQJ DQGSODFLQJWKHFRYHULQSRVLWLRQ

:KHQWKHÃ&#x20AC;UHSLWLVEHLQJXVHGWKH FRYHUVWRUHVXQGHUQHDWK


80%5(//$6 %$6(6 0DUNHW8PEUHOOD127)25&2175$&786(

0*DUGHQ6W\OH8PEUHOOD IWULE 0DQXDOFUDQNDQGSXVKEXWWRQWLOW VLOYHUDQRGL]HGDOXPLQXPSROH

:KHQRUGHULQJDQXPEUHOODWR DFFRPSDQ\DEDUWDEOHDGGVXIÃ&#x20AC;[´/ WRLQGLFDWHDORQJERWWRPSROH ([DPSOH0/

00$IWULE2FWDJRQ0DUNHW8PEUHOOD 127)25&2175$&786(  0DQXDOFUDQNDQGDXWRPDWLFWLOW 5HIHUWRWKH:LQVWRQ5HWDLO3ULFH/LVWIRUOLVWLQJRI DYDLODEOHÃ&#x20AC;QLVKHV

00$&IWULE2FWDJRQ0DUNHW8PEUHOOD 127)25&2175$&786(  0DQXDOFUDQNDQGDXWRPDWLFWLOW FKDPSDJQH DOXPLQXPSROH

1RWH0DUNHW8PEUHOODVDUHFUHDWHGZLWKIDEULF WLHWRNHHSXPEUHOODFORVHGZKHQQRWLQXVH

6HH\RXUVDOHVUHSUHVHQWDWLYHIRUZHOWLQIRUPDWLRQ :KHQRUGHULQJDQXPEUHOODWRDFFRPSDQ\DEDUWDEOHDGGVXIÃ&#x20AC;[´/ WRLQGLFDWHDORQJERWWRPSROH([DPSOH00$/

80%5(//$%$6(65(7$,/$1'&2175$&7 0' 'DUN%URZQ8PEUHOOD%DVH 3RO\SURS\OHQH

0&DVW$OXPLQXP8PEUHOOD%DVHSRXQGV $YDLODEOH0SRXQGZHLJKW7KHVHEDVHV FRPHVWDQGDUGZLWKDôQHFN $YDLODEOHLQ3UHPLXPDQG6WDQGDUGILQLVKHV

0: :KLWH8PEUHOOD%DVH 3RO\SURS\OHQH

0&33DLQWHG$OXPLQXP8PEUHOOD%DVH $YDLODEOHLQ3UHPLXPDQG6WDQGDUGILQLVKHV %DVHVVKRXOGEHILOOHGZLWKVDQGE\XVHUIRUDGGHGZHLJKW 0% %ODFN8PEUHOOD%DVH 3RO\SURS\OHQH

3RO\SURS\OHQHXPEUHOODEDVHVDUHIDFWRU\ZHLJKHGWRDSSUR[LPDWHO\SRXQGV

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


) 5 $ 0 (  ) , 1 , 6 + ( 6

3UHPLXP)LQLVKHV

6WDQGDUG)LQLVKHV

6%/6PRRWK%ODFN

2&HQWXU\

(63(VSUHVVR

%(0%ODFN(PEHU

73:7H[WXUHG3HZWHU

2/<2O\PSLF*ROG

7697H[WXUHG6LOYHU

%5=%URQ]H

-$9-DYD

*530HWDOOLF*UDSKLWH

%,6$QWLTXH%LVTXH

6:+6PRRWK:KLWH

13DWLQD

'5)'ULIWZRRG

$6/$QWLTXH6WHUOLQJ

:LQVWRQ)LQLVKHV%H\RQG:KDW<RX6HH :KDWPDNHV:LQVWRQ·VIUDPHÃ&#x20AC;QLVKHVVRGXUDEOHDQGORQJODVWLQJKDV PRUHWRGRZLWKZKDWZHGRWRSUHSDUHWKHIUDPHVWKDQWKHHQGUHVXOWV $VXSHULRUÃ&#x20AC;QLVKEHJLQVZLWKWKHSUHSDUDWLRQRIWKHVXUIDFHDUHD,WEHJLQV ZLWKFOHDQLQJWKHDOXPLQXPIUDPHV7KH´3ULPHU6\VWHPµ:LQVWRQXWLOL]HV LVDVWHSSURFHVVWKDWWDNHVDSSUR[LPDWHO\PLQXWHVWRFRPSOHWH SHUIUDPH)LUVWHDFKIUDPHUHFHLYHVDQDONDOLQHEDWKWKDWGHJUHDVHV DQGHWFKHVWKHIUDPH7ZRFOHDQZDWHUULQVHVIROORZWRUHPRYHWKH DONDOLQHUHVLGXHDVZHOODQ\HWFKHGSDUWLFOHV1H[WDFKURPHSKRVSKDWH FRQYHUVLRQFRDWLQJLVDSSOLHGWKDWVHDOVWKHIUDPHDQGSUHYHQWVWKH IRUPDWLRQRIFRUURVLRQ7KLVVWHSLVIROORZHGE\WZRDGGLWLRQDOFOHDQZDWHU ULQVHVLQSUHSDUDWLRQIRUWKHÃ&#x20AC;QDOVWDJH'XULQJWKHÃ&#x20AC;QDOVWDJHHDFKIUDPH LV´GHLRQL]HGµZKLFKUHPRYHVDQ\PLQHUDOGHSRVLWVWKDWPLJKWEHOHIWIURP DQ\RIWKHSULRUVWDJHV7KLVVWHSDOVRSURYLGHVDJUHDWHUERQGLQJVXUIDFH RIWKHDOXPLQXPIRURSWLPDODGKHVLRQRIWKHSRZGHUSDLQW 7KH%LJ)LQLVK :LQVWRQ·VÃ&#x20AC;QLVKHVEHJLQDVDYHU\Ã&#x20AC;QHHOHFWURVWDWLFSRO\HVWHUSRZGHU WKDWLVVSUD\HGRQWRWKHIUDPH7KHSRZGHULV´FKDUJHGµVRWKDWWKH SRZGHUDWWDFKHVWRWKHIUDPHPXFKOLNHPHWDOWRDPDJQHW7KLVSURYLGHV FRPSOHWHDQGHYHQFRYHUDJHRIWKHSRZGHU2QFHFRYHUHGZLWKWKH SRZGHUWKHIUDPHVHQWHUDODUJHRYHQDUHDZKHUHE\WKHIUDPHVDUH KHDWHGWRDYHU\KLJKWHPSHUDWXUHZKLFKPHOWVWKHSRZGHU7KHRYHQ SURFHVVWDNHVDSSUR[LPDWHO\PLQXWHVWRFRPSOHWHUHVXOWLQJLQD GXUDEOHEDNHGRQÃ&#x20AC;QLVK 3UHPLXP)LQLVKHV 'HSHQGLQJRQWKHÃ&#x20AC;QLVK:LQVWRQ·VSUHPLXPÃ&#x20AC;QLVKHVDUHDOOKDQGDSSOLHG E\YHU\VNLOOHGDUWLVWV7KHÃ&#x20AC;QLVKHVDUHFRPSOHWHGLQYDULRXVVWHSVDQG GHSHQGLQJRQWKHDFWXDOÃ&#x20AC;QLVKLQYROYHWKHXVHRIDSSOLFDWLRQWRROVIURP VSHFLDOL]HGEUXVKHVWRFORWKV 6WDQGDUG)LQLVKHV $OWKRXJK:LQVWRQ·V6WDQGDUG)LQLVKHVLQYROYHGRQO\RQHDSSOLFDWLRQPDQ\ RIWKHIUDPHVFRQWDLQVHYHUDOFRPSRQHQWVWKDWPHOGWRJHWKHUWRDFKLHYH WKHGHVLUHGORRNV6RPHRIWKHVWDQGDUGÃ&#x20AC;QLVKHVFRQWDLQDVPDQ\DV GLIIHUHQWFRORUFRPSRQHQWV6RPHRIWKHÃ&#x20AC;QLVKHVDUHWH[WXUHGZKLOHRWKHUV DUHVPRRWKRUKDPPHUHGOLNHWKH3DWLQD)LQLVK 5HJDUGOHVVRIWKHÃ&#x20AC;QLVKFKRVHQUHVWDVVXUHGWKH\ZLOOEHYHU\GXUDEOHDQG HIIHFWLYHLQSURWHFWLQJ\RXUIXUQLWXUHIRUPDQ\\HDUVRIHQMR\PHQW

 

3KRWRJUDSKVGRQRWQHFHVVDULO\JLYHWKHH[DFWFRORUUHSUHVHQWDWLRQRIWKHDFWXDOIUDPHÃ&#x20AC;QLVK


9 , 1 < /  & 2 / 2 5 6

0DKRJDQ\

%URQ]H

7H[WXUHG2O\PSLDQ

7H[WXUHG$QWLTXH0RVV

7H[WXUHG6DQGVWRQH

7H[WXUHG$QWLTXH%LVTXH

7H[WXUHG-DYD

 7H[WXUHG&DPHO

(VSUHVVR

)UHQFK%OXH

<HOORZ

7H[WXUHG3HZWHU

%XUJXQG\

%HLJH

1DY\

5R\DO

,YRU\

6DJH

%ODFN

(PHUDOG

6PRRWK9HUGH

:KLWH

6PRRWK6LOYHU

5HG

2UDQJH

&RORUVDUHVKRZQDVDFFXUDWHO\DVSRVVLEOH$FWXDOFRORUPD\YDU\VOLJKWO\IURPFRORUFKDUWVKRZQ

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


:RYHQ9LQ\OV*UDGH$

 

)RU6OLQJ&XVKLRQDQG8PEUHOODH[FHSWZKHUHQRWHG

&DUDPHO:LFNHU 3KLIHUWH[Š *UDGH$

0RVV:LFNHU 7H[WLOHQHŠ *UDGH$

0DGHUD1LFNHO 3KLIHUWH[Š *UDGH$

7XUTXRLVH6WRQH 3KLIHUWH[Š *UDGH$

:LFNHU&RUGRED1LQMD 3KLIHUWH[Š *UDGH$

:LFNHU&RUGRED&RSSHU 3KLIHUWH[Š *UDGH$

*UDVVFORWK%URQ]H 3KLIHUWH[Š *UDGH$

&DQH:LFNHU%URQ]H 3KLIHUWH[Š *UDGH$

(DUWK0XOWL 3KLIHUWH[Š *UDGH$

7UHOOLV6WRQH 3KLIHUWH[Š *UDGH$

7UHOOLV0RVV 3KLIHUWH[Š *UDGH$

(VSHFLD 3KLIHUWH[Š *UDGH$

&RFRQXW 3KLIHUWH[Š *UDGH$

1RWUHFRPPHQGHGIRUFXVKLRQV

1HJULO7ZHHG 3KLIHUWH[Š *UDGH$

:KLWHRQ:KLWH3DFNHG6WULSH 7H[WLOHQHŠ *UDGH$

(DUWKWRQH*UDVVFORWK 7H[WLOHQHŠ *UDGH$


:RYHQ9LQ\OV*UDGH$

/RRP:HDYH&DPHO 7H[WLOHQHŠ *UDGH$

/XQD 3KLIHUWH[Š *UDGH$

3HZWHU0HVK 3KLIHUWH[Š *UDGH$

7HUUDFH 3KLIHUWH[Š *UDGH$

)RU6OLQJ&XVKLRQDQG8PEUHOODH[FHSWZKHUHQRWHG

(DUWKWRQH%DVNHWZHDYH 3KLIHUWH[Š *UDGH$

:LFNHU9HUDQGD 3KLIHUWH[Š *UDGH$

6LOYHU0HVK 3KLIHUWH[Š *UDGH$

'DUN%URZQ3LQVWULSH 7H[WLOHQHŠ *UDGH$

.HDWRQ+D]HOQXW -DFTXDWH[Š *UDGH$

%ODFN0HVK 3KLIHUWH[ *UDGH$

-DYD0HVK 3KLIHUWH[Š *UDGH$

6KHHU:KLWH3LQVWULSH 7H[WLOHQHŠ *UDGH$

:KLWH0HVK 3KLIHUWH[Š *UDGH$

0HWDOOLF6DOVD 3KLIHUWH[Š *UDGH$

%URQ]H3DWLQD0HVK 3KLIHUWH[Š *UDGH$

5LSSOH%DUOH\ 3KLIHUWH[Š *UDGH$

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


:RYHQ9LQ\OV*UDGH$

5LSSOH2DWV 3KLIHUWH[Š *UDGH$

5LSSOH6DJH 3KLIHUWH[Š *UDGH$

1DSD 3KLIHUWH[Š *UDGH$

9HQHWLDQ)OD[ 7H[WLOHQHŠ *UDGH$

9HQHWLDQ1LFNOH 7H[WLOHQHŠ *UDGH$

9HQHWLDQ3HDUO 7H[WLOHQHŠ *UDGH$

:RYHQ9LQ\OV*UDGH%

 

)RU6OLQJ&XVKLRQDQG8PEUHOODH[FHSWZKHUHQRWHG

.RQD&DQGOHOLJKW 7H[WLOHQHŠ *UDGH$

)RU6OLQJ&XVKLRQDQG8PEUHOOD

5XVK7ZHHG 7H[WLOHQHŠ *UDGH%

,VODQG6WULSH 3KLIHUWH[Š *UDGH%

/LQH8S 3KLIHUWH[Š *UDGH%

0DOLQD=HQ 3KLIHUWH[Š *UDGH%

'HQRWHVVOLQJRQO\IDEULF1RWUHFRPPHQGHGIRUXPEUHOODV

.DUPD 3KLIHUWH[Š *UDGH%

0DOLQD7ZHHG 3KLIHUWH[Š *UDGH%

'XSLRQH6DSSKLUH 3KLIHUWH[Š *UDGH%


:RYHQ%OHQGV*UDGH$

)RU6OLQJ&XVKLRQDQG8PEUHOOD

&KLQD%UXVK0DL]H 3KLIHUWH[Š *UDGH$

$XJXVWLQH1XWPHJ 6XQEUHOODŠ *UDGH$

)URQWLHU5HGZRRG 6XQEUHOODŠ *UDGH$

)URQWLHU%DUOH\ 6XQEUHOODŠ *UDGH$

:HVWRQ&KDUFRDO 3KLIHUWH[Š*HR%HOODŠ *UDGH$

:HVWRQ+HDWKHU 3KLIHUWH[Š*HR%HOODŠ *UDGH$

:RYHQ%OHQGV*UDGH%

5LJKW7UDFN*UDSKLWH 6XQEUHOODŠ *UDGH%

6OLQJ&XVKLRQDQG8PEUHOOD

%DUORZ0RFKD 6XQEUHOODŠ *UDGH%

$XJXVWLQH*UDYHO 6XQEUHOODŠ *UDGH$

/RJDQ2FHDQ 6XQEUHOODŠ *UDGH$

)URQWLHU(YHUJODGH 6XQEUHOODŠ *UDGH$

'HVWLQ\6DQG 6XQEUHOODŠ *UDGH$

8OWUD:RYHQ%OHQGV*UDGH&

5DNX*UDQLWH 6XQEUHOODŠ *UDGH&

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


:RYHQ$FU\OLFV*UDGH$

 

&XVKLRQDQG8PEUHOOD

3H\WRQ*UDQLWH 6XQEUHOODŠ *UDGH$

)LIH3XPLFH 6XQEUHOODŠ *UDGH$

&DWDOLQD7LQVHO 6XQEUHOODŠ *UDGH$

6XUJH&KDUFRDO 6XQEUHOODŠ *UDGH$

)LIH,QGLJR 6XQEUHOODŠ *UDGH$

)LIH6LOW 6XQEUHOODŠ *UDGH$

)LIH%LUFK 6XQEUHOODŠ *UDGH$

)RVWHU0HWDOOLF 6XQEUHOODŠ *UDGH$

6SDUNOH7HUUD 2XWGXUDŠ *UDGH$

6SDUNOH3RWWHU\ 2XWGXUDŠ *UDGH$

.RQD&DQYDV 2XWGXUDŠ *UDGH$

&LWURQ&DQYDV 2XWGXUDŠ *UDGH$

-LQJD6HD0LVW 2XWGXUDŠ *UDGH$

6SDUNOH3HVWR 2XWGXUDŠ *UDGH$

)LIH&RUQVLON 6XQEUHOODŠ *UDGH$

)LIH7HDN 6XQEUHOODŠ *UDGH$


:RYHQ$FU\OLFV*UDGH$

&DQYDV,YRU\ 2XWGXUDŠ *UDGH$

&XVKLRQDQG8PEUHOOD

6FRRS&KLOL 2XWGXUDŠ *UDGH$

0HPR)OD[ 2XWGXUDŠ *UDGH$

6LHUUD0HULQJXH 2XWGXUDŠ *UDGH$

6SDUNOH%LUFK 6XQEUHOODŠ *UDGH$

&DQYDV)OD[ 6XQEUHOODŠ *UDGH$

:RYHQ$FU\OLFV*UDGH%

%UXQVZLFN'XQH 6XQEUHOODŠ *UDGH%

6SHFWUXP6LHUUD 6XQEUHOODŠ *UDGH$

)LIH3DOP 6XQEUHOODŠ *UDGH$

6RXOPDWH%URQ]H 2XWGXUDŠ *UDGH$

6RXOPDWH7XQGUD 2XWGXUDŠ *UDGH$

:\RPLQJ0HVD 6XQEUHOODŠ *UDGH%

'D]]OH:UHQ 6XQEUHOODŠ *UDGH%

&XVKLRQDQG8PEUHOOD

9LHQWR1DXWLFDO 6XQEUHOODŠ *UDGH%

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


:RYHQ$FU\OLFV*UDGH%

&XVKLRQDQG8PEUHOOD

-HIIHUVRQ+HPS 6XQEUHOODŠ *UDGH%

'D]]OH&DGHW 6XQEUHOODŠ *UDGH%

)LIH6DQG 6XQEUHOODŠ *UDGH%

$QQHWWH7HUUDFRWWD 6XQEUHOODŠ *UDGH%

$QQHWWH'XQH 6XQEUHOODŠ *UDGH%

0DMHVWLF6DQG 6XQEUHOODŠ *UDGH%

5HXQLRQ6SLFH 2XWGXUDŠ *UDGH%

:RYHQ$FU\OLFV*UDGH&

 

7DPDUDQ6DQGVWRQH 6XQEUHOODŠ *UDGH&

5LOH\'HVHUW 6XQEUHOODŠ *UDGH&

&DPRPLOH,,&RUQVLON 6XQEUHOODŠ *UDGH&

7DE:UHQ 6XQEUHOODŠ *UDGH&

(OHJDQFH,,&KDUFRDO 6XQEUHOODŠ *UDGH&

)RXQGDWLRQ,QGLJR 6XQEUHOODŠ *UDGH&

7LH'\H,QGLJR 6XQEUHOODŠ *UDGH&

7DPDUDQ:LOORZ 6XQEUHOODŠ *UDGH&


:RYHQ$FU\OLFV*UDGH&

7RUUHV/LFKHQ 6XQEUHOODŠ *UDGH&

&XVKLRQDQG8PEUHOOD

3OXVK3DWLQD 6XQEUHOODŠ *UDGH&

5H\QROGD&RSSHU 6XQEUHOODŠ *UDGH&

(QFRUH2DWV 2XWGXUDŠ *UDGH&

(QFRUH%XWWHUFXS 2XWGXUDŠ *UDGH&

(QFRUH&HODGRQ 2XWGXUD *UDGH&

5RPHR)RVVLO 2XWGXUDŠ *UDGH&

5XPRU%DPERR 2XWGXUDŠ *UDGH&

'HODQH\%LUFK 2XWGXUDŠ *UDGH&

:RYHQ$FU\OLFV*UDGH'

'\QDVW\&RLQ 2XWGXUDŠ *UDGH'

5HYROYH$VK 6XQEUHOODŠ *UDGH&

+LFNRU\$VSHQ 6XQEUHOODŠ *UDGH&

'HODQH\*UDQLWH 2XWGXUDŠ *UDGH&

&XVKLRQDQG8PEUHOOD

3LHUUH5XVWLF 6XQEUHOODŠ *UDGH'

-XOLHW)RVVLO 2XWGXUDŠ *UDGH'

-XOLHW%DPERR 2XWGXUDŠ *UDGH'

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


1 ( ; 8 6

0&RUQHU6HFWLRQDO6HW 0&RUQHU6HFWLRQDO6HDW  [[ 0&RUQHU6HFWLRQDO/RQJ%DFN  [[ 0&RUQHU6HFWLRQDO6KRUW%DFN  [[  )LWV0

0$UPOHVV6HFWLRQDO6HW 0$UPOHVV6HFWLRQDO6HDW  [[ 0$UPOHVV6HFWLRQDO%DFN  [[  )LWV000

02WWRPDQ6HFWLRQDO6HDW [[  )LWV0

0&KDLVH/RXQJH3DG2QH3LHFH [[+LQJH  )LWV0

06HDW3DG [[  )LWV00

0 $ ' ( 5 2

0+%'LQLQJ&XVKLRQ  7ZR3LHFH6HW 06HDW[[ 0%DFN[[  )LWV00

0/RXQJH&XVKLRQ  7ZR3LHFH6HW 06HDW[[ 0%DFN[[  )LWV000

0+LJK%DFN6ZLYHO/RXQJH&XVKLRQ 06HDW[[ 0%DFN[[  )LWV0

02WWRPDQ&XVKLRQ  [[  )LWV0

0'RXEOH&KDLVH&XVKLRQ  7KUHH3LHFH6HW 06HDW[[ 05LJKW%DFN[[ 0/HIW%DFN[[  )LWV05

0&KDLVH&XVKLRQ  [[+LQJH  )LWV0

( ; ( 7 ( 5

0'LQLQJ&XVKLRQ7ZR3LHFH6HW 06HDW[[ 0%DFN[[  )LWV00

0/RXQJH&XVKLRQ7ZR3LHFH6HW 06HDW[[ 0%DFN[[  )LWV000

0+LJK%DFN6ZLYHO/RXQJH  7ZR3LHFH6HW 06HDW[[ 0%DFN[[  )LWV0

 

02WWRPDQ&XVKLRQ [[  )LWV0

0&KDLVH/RXQJH7ZR3LHFH6HW 06HDW[[ 0%DFN[[  )LWV0


6 $ 9 2 <    9 ( 1 ( 7 2

0'LQLQJ&XVKLRQ7ZR3LHFH6HW 06HDW[[ 0%DFN[[  )LWV000 0

0/RXQJH&XVKLRQ7ZR3LHFH6HW 02WWRPDQ&XVKLRQ 06HDW[[ [[ 0%DFN[[  )LWV00  )LWV0000 0

0&KDLVH/RXQJH7ZR3LHFH6HW 06HDW[[ 0%DFN[[  )LWV00

08OWUD/RXQJH7ZR3LHFH6HW 06HDW[[ 0%DFN[[  )LWV00

1 2 7 7 , 1 * + $ 0    0 $ 5 6 ( , / / (

0DQRU&ROOHFWLRQ

0%HQFK3DG 0'LQLQJ6HDWSDG [[ [[  )LWV00  )LWV000  0%00%0  000%00%

0&KDLVH&XVKLRQ7ZR3LHFH6HW 06HDW[[ 0%DFN[[  )LWV0

08OWUD/RXQJH &XVKLRQ7ZR3LHFH6HW 06HDW[[ 0%DFN[[  )LWV000

02WWRPDQ [[  )LWV0

08OWUD6ZLYHO/RXQJH&XVKLRQ 7ZR3LHFH6HW 06HDW[[ 0%DFN[[  )LWV0

3 $ / $ = = 2

03LHFH&XVKLRQ6HW 06HDW&XVKLRQ[[ 0%DFN&XVKLRQ[[  )LWV000 

03LHFH/RXQJH&XVKLRQ6HW 06HDW&XVKLRQ[[ 0%DFN&XVKLRQ[[  )LWV000  00

0&KDLVH&XVKLRQ  [[+LQJH  )LWV05

0+LJK%DFN/RXQJH&XVKLRQ6HW 02WWRPDQ&XVKLRQ  [[ 06HDW&XVKLRQ[[  )LWV0 0%DFN&XVKLRQ[[  )LWV0

0'LQLQJ&XVKLRQ7ZR3LHFH6HW 06HDW[[ 0%DFN[[ )LWV00%

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


9 2 / 7 ( 5 5 $    & 2 5 2 1 $ ' 2

0 'LQLQJ6HDW3DG %R[HG:HOW

[[  )LWV00 00%0 00%0

/HJDF\&ROOHFWLRQ

0 0 0 

/RXQJH&XVKLRQ7ZR3LHFH6HW   6HDW[[ %DFN[[ )LWV0000

0 %HQFK3DG [[  )LWV00

0 2WWRPDQ&XVKLRQ [[  )LWV0

0 &KDLVH/RXQJH7ZR 3LHFH6HW 

0 6HDW[[ 0 %DFN[[  )LWV0

0'LQLQJ6HDW3DG &HQWHU:HOW

[[ )LWV00 00%000%0

6 2 8 7 + ( 5 1  & $ <

0 0 0 

'LQLQJ&XVKLRQ7ZR3LHFH6HW 6HDW[[ %DFN[[ )LWV00

0 0 0 

/RXQJH&XVKLRQ7ZR3LHFH6HW 6HDW[[ %DFN[[ )LWV0000

0 2WWRPDQ&XVKLRQ [[  )LWV0

0 &KDLVH/RXQJH&XVKLRQ 7ZR3LHFH6HW 0 6HDW[[ 0 %DFN[[  )LWV0

8 1 , 9 ( 5 6 $ /  3 , / / 2 : 6

 

07KURZ3LOORZ  6TXDUHZ:HOW  [[

07KURZ3LOORZ 6TXDUHZ:HOW [[

07KURZ3LOORZ 6TXDUHZ:HOW [[

0/XPEDU3LOORZ  [/XPEDUZ:HOW  [[

07KURZ3LOORZ 6TXDUHZR:HOW [[

07KURZ3LOORZ  6TXDUHZR:HOW  [[

07KURZ3LOORZ 6TXDUHZR:HOW [[

0/XPEDU3LOORZ  [/XPEDUZR:HOW  [[


5 ( * 8 / $ 5  ) 8 5 1 , 7 8 5 (  0 $ , 1 7 ( 1 $ 1 & ( ‡ )LQHRXWGRRUIXUQLWXUHGHVHUYHVH[FHSWLRQDOFDUH:LQVWRQIXUQLWXUHFDQEHHQMR\HGIRUPDQ\\HDUVZKHQZHOOPDLQWDLQHG:DVKWKHIXUQLWXUHZLWK DVROXWLRQRIPLOGGHWHUJHQWDQGZDWHUULQVHZLWKFOHDUZDWHUDQGGU\WKRURXJKO\$FOHDUDXWRPRELOHZD[FDQEHDSSOLHGWRVPRRWKIUDPHILQLVKHVWR SURYLGHEHWWHUSURWHFWLRQDJDLQVWKDUPIXOXOWUDYLROHWH[SRVXUHDQGVDOWDLU'2127XVHDQ\NLQGRIZD[DEUDVLYHPDWHULDOVRUVWURQJGHWHUJHQWVRQ6HOHFW ILQLVKHV ‡ 7RYLQ\OVWUDSDQGVOLQJVHDWLQJVXUIDFHVDSSO\DTXDOLW\YLQ\OSURWHFWDQWWRJXDUGDJDLQVWWKHHIIHFWVRIDLUSROOXWLRQVDOWDLUEXLOGXSDQGPLOGHZ JURZWK:DVKRXWGRRUFXVKLRQVZLWKDVROXWLRQRIPLOGGHWHUJHQWDQGZDWHUDQGWKRURXJKO\ULQVHZLWKFOHDUZDWHU$OORZFXVKLRQVWRDLUGU\FRPSOHWHO\ ‡ )RUEHVWSURWHFWLRQSHUIRUPWKLVPDLQWHQDQFHWZRWRWKUHHWLPHVD\HDUDOWKRXJKWKHVHGXUDEOHPDWHULDOVFDQEHVDIHO\FOHDQHGDVRIWHQDVGHVLUHG ‡ /LJKWVWDLQVFDQEHUHPRYHGZLWKDVROXWLRQRIPLOGGHWHUJHQWDQGZDWHUULQVHGZLWKFOHDUZDWHUDQGGULHGWKRURXJKO\0LOGHZDQGKHDY\VWDLQVFDQEH UHPRYHGZLWKDTXDOLW\FRPPHUFLDORXWGRRUIXUQLWXUHFOHDQHUDQGSURWHFWDQW ‡ 1RWH6RPHVXQWDQDQGVXQEORFNSURGXFWVPD\EHKDUPIXOWRFXVKLRQVVOLQJDQGYLQ\ODQGVWUDSV'RQRWDOORZVXFKSURGXFWVWRFRPHLQFRQWDFWZLWK DQ\VHDWLQJVXUIDFHVWRDYRLGGHHSSHQHWUDWLQJVWDLQVZKLFKDUHQRWFRYHUHGXQGHUZDUUDQW\ ‡ 'RQRWVWHDPRUXVHZDWHUDWWHPSHUDWXUHVDERYHƒ)ZKHQZDVKLQJ ‡ 1RWH%HFDUHIXOWRNHHSWKHFOHDQHUIURPFRQWDFWZLWKWKHFXVKLRQVRI\RXU:LQVWRQIXUQLWXUHDVLWZLOOFDXVHGLVFRORUDWLRQ'RQRWXVHEOHDFKRQ SULQWHGDFU\OLFIDEULFV'RQRWXVHVROYHQWW\SHPDWHULDOVRQZRYHQYLQ\OZRYHQEOHQGRUXOWUDZRYHQEOHQGIDEULFVDVWKH\ZLOOGDPDJHWKH\DUQV'RQRW XVHFKORULQHEDVHGFOHDQHUV

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

8OWUD:RYHQ%OHQG)DEULFV 8OWUD:RYHQ%OHQGKDVWZLFHWKHYHUWLFDO\DUQVDV:RYHQ%OHQGVRIIHULQJULFKHUPRUHYLEUDQWSDWWHUQVDQGFRORUV7KH\DUHXVHIXODVDQXPEUHOOD IDEULFDVZHOODQGSURYLGHH[FHOOHQWVXQEORFNLQJSURWHFWLRQ :DVKZLWKDVROXWLRQRIVRDSRUPLOGGHWHUJHQWDQGZDUPZDWHU6SRQJHWKRURXJKO\ZLWKZDWHUDQGDOORZWRDLUGU\)RUPRUHVWXEERUQVWDLQVPL[ WKUHHJDOORQVRIZDUPZDWHUZLWKRQHFXSRIKRXVHKROGEOHDFKDQGRQHFXSRIPLOGODXQGU\GHWHUJHQW'212786(62/9(177<3(0$7(5,$/6 7+(<:,//'$0$*(7+(<$516

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

‹:LQVWRQ)XUQLWXUH&RPSDQ\$OOULJKWVUHVHUYHG

_  ZZZ  Z L Q V W R Q I X U Q L W X U H  F R P   _    


5 ( 6 , ' ( 1 7 , $ /  : $ 5 5 $ 1 7 <  , 1 ) 2 5 0 $ 7 , 2 1

([WUXGHG$OXPLQXP)UDPH²)LIWHHQ<HDUV ,IWKHH[WUXGHGDOXPLQXPIXUQLWXUHIUDPHIDLOVVWUXFWXUDOO\ LHEURNHQIUDPHRUZHOGV ZLWKLQ\HDUVIURPWKHGDWHRISXUFKDVHZHZLOOUHSODFHUHSDLU RUUHILQLVKWKHIUDPHLQWKHRULJLQDOFRORUDQGVW\OHLIDYDLODEOHRULQDVLPLODUFRORUDQGVW\OHLIWKHRULJLQDOKDVEHHQGLVFRQWLQXHG 3DLQW)LQLVK²)LYH<HDUV ,IILQLVKEOLVWHUVRUSHHOVZLWKLQILYH\HDUVIURPWKHGDWHRISXUFKDVH:LQVWRQZLOOUHSDLURUUHILQLVKWKHIUDPHLQWKHRULJLQDOFRORUDQGVW\OHLIDYDLODEOHRU LQDVLPLODUFRORUDQGVW\OHLIWKHRULJLQDOKDVEHHQGLVFRQWLQXHG 9LQ\O6WUDS²)LYH<HDUV ,IDVWUDSEUHDNVZLWKLQILYH\HDUVIURPWKHGDWHRISXUFKDVHDUHSODFHPHQWVWUDSZLOOEHVHQWGLUHFWO\WR\RXXSRQUHFHLSWRIWKHEURNHQVWUDSLQWKH RULJLQDOFRORUDQGVW\OHLIDYDLODEOHRULQDVLPLODUFRORUDQGVW\OHLIWKHRULJLQDOKDVEHHQGLVFRQWLQXHG,IDVWUDSEHFRPHVIDGHGRUPLOGHZHGZLWKLQ WZR\HDUVIURPWKHGDWHRISXUFKDVHDUHSODFHPHQWVWUDSZLOOEHVHQWGLUHFWO\WR\RXXSRQUHFHLSWRIWKHIDGHGRUPLOGHZHGVWUDSLQWKHRULJLQDO FRORUDQGVW\OHLIDYDLODEOHRULQDVLPLODUFRORUDQGVW\OHLIWKHRULJLQDOKDVEHHQGLVFRQWLQXHG )DEULFRQ&XVKLRQV6OLQJVDQG8PEUHOODV²7ZR<HDUV ,IWKHIDEULFRQDFXVKLRQVOLQJRUXPEUHOODWHDUVPLOGHZVRUIDGHVH[FHVVLYHO\ZLWKLQWZR\HDUVIURPWKHGDWHRISXUFKDVHZHZLOOUHSDLURUUHSODFHWKH IDEULFLQWKHRULJLQDOFRORUDQGSDWWHUQLIDYDLODEOHRULQDVLPLODUFRORUDQGSDWWHUQLIWKHRULJLQDOKDVEHHQGLVFRQWLQXHG 8PEUHOODVDQG8PEUHOOD%DVHV²7ZR<HDUV ,IDQXPEUHOODRUXPEUHOODEDVHIDLOVVWUXFWXUDOO\ZLWKLQWZR\HDUVIURPWKHGDWHRISXUFKDVHZHZLOODWIDFWRU\RSWLRQUHSDLURUUHSODFHWKHXPEUHOODRU XPEUHOODEDVHLQWKHRULJLQDOFRORUDQGVW\OHLIDYDLODEOHRULQDVLPLODUFRORUDQGVW\OHLIWKHRULJLQDOKDVEHHQGLVFRQWLQXHG :RYHQ&RPSRQHQWV²7KUHH<HDUV ,IDZRYHQFRPSRQHQWIDLOVVWUXFWXUDOO\ LHEURNHQIUDPHZHOGVRUUHVLQ RULIWKHZHDYHXQUDYHOVRUIDGHVH[FHVVLYHO\ZLWKLQWKUHH\HDUVIURPWKH GDWHRISXUFKDVHZHZLOOUHSODFHUHSDLURUUHILQLVKWKHSURGXFWLQWKHRULJLQDOFRORUDQGVW\OHLIDYDLODEOHRULQDVLPLODUFRORUDQGVW\OHLIWKHRULJLQDO KDVEHHQGLVFRQWLQXHG &RPSRVLWH7DEOH7RSV²7ZR<HDUV ,IDFRPSRVLWHWDEOHWRSRUFRSSHUWRSIDLOVVWUXFWXUDOO\ZLWKLQWZR\HDUVIURPWKHGDWHRISXUFKDVHZHZLOODWIDFWRU\RSWLRQUHSDLURUUHSODFHWKH WDEOHWRSLQWKHRULJLQDOFRORUDQGVW\OHLIDYDLODEOHRULQDVLPLODUFRORUDQGVW\OHLIWKHRULJLQDOKDVEHHQGLVFRQWLQXHG6RPHRIWKHWDEOHWRSVKDYH SDLQWHGGHFRUDWLRQVZKLFKPD\IDGHZKHQH[SRVHGWRGLUHFWVXQOLJKW7KLVIDGLQJLVH[FOXGHGIURPWKHZDUUDQW\6HHRWKHUH[FOXVLRQVEHORZ &DVW$OXPLQXP7RSV²7KUHH<HDUV ,IDFDVWDOXPLQXPWRSIDLOVVWUXFWXUDOO\ZLWKLQWKUHH\HDUVIURPWKHGDWHRISXUFKDVHZHZLOODWIDFWRU\RSWLRQUHSDLURUUHSODFHWKHWDEOHWRSLQ WKHRULJLQDOFRORUDQGVW\OHLIDYDLODEOHRULQDVLPLODUFRORUDQGVW\OHLIWKHRULJLQDOKDVEHHQGLVFRQWLQXHG6RPHRIWKHWDEOHWRSVKDYHSDLQWHG GHFRUDWLRQVZKLFKPD\IDGHZKHQH[SRVHGWRGLUHFWVXQOLJKW7KLVIDGLQJLVH[FOXGHGIURPWKHZDUUDQW\6HHRWKHUH[FOXVLRQVEHORZ &RPSRQHQW3DUWV²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

 

:LQVWRQUHVHUYHVWKHULJKWWRPDNHPLQRUGHVLJQFKDQJHVRUPRGLÃ&#x20AC;FDWLRQVDQGWRGLVFRQWLQXHÃ&#x20AC;QLVKFRORUVWUDSFRORUIDEULFVRUVW\OHVZLWKRXWQRWLFH0HDVXUHPHQWV JLYHQDUHDSSUR[LPDWHÂ&#x2039;:LQVWRQ)XUQLWXUH&RPSDQ\$OOULJKWVUHVHUYHG


6HOHFW/RFDWLRQV3URYLGHG%\ *DEULHOOD0DQRU%LUPLQJKDP$ODEDPD/DNH/DV9HJDV5HVRUW+HQGHUVRQ1HYDGD 0DWKHZV0DQRU6SULQJYLOOH$ODEDPD :LQVWRQUHVHUYHVWKHULJKWWRPDNHPLQRUGHVLJQFKDQJHVRUPRGLÃ&#x20AC;FDWLRQVDQGWRGLVFRQWLQXHÃ&#x20AC;QLVKFRORUVWUDSFRORUIDEULFVRU VW\OHVZLWKRXWQRWLFH0HDVXUHPHQWVJLYHQDUHDSSUR[LPDWH


: L Q V W R Q  ) X U Q L W X U H  & R P S D Q \ 3 2  % R [      + D O H \ Y L O O H   $ O D E D P D           3 K R Q H                  ) D [                  Z Z Z  Z L Q V W R Q I X U Q L W X U H  F R P


2013 Winston Furniture Catalog  

The 2013 catalog includes four new furniture collections in addition to numerous outdoor offerings for your home and patio.

Read more
Read more
Similar to
Popular now
Just for you