Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
? @ ABADCFEHGIAJC M
K LNCOEQPRG1STP GUADC VW@XC PRGZYNG1S[PRGIAJC
0\0635]<><^&_46.I,/#=<>3a`cb_bd1e`cb_b_f
g_hjilkmnkopmrq
s hZtvuwoyxZkz|{
q u~}kmywmnkoyph9kmnkoym'zkphmopohm
{ u~}kmU9kzh^uwoyxZkz'z9kphmopo>hm
;
.1>#=3_06#
^e`cb
6
2~ZrZ_~;~~Zr_9pr!!p~%;~ry;~Zr;~)2
>9~j h
h!h!h
h!h!h
h!h
h!h!h
h!h
!h h
!h h
!h h
h!h
!h h
!h h
!h h
h!h!h!h!h!h
h!h!h!h!h!h
h!h!h!h!h!h
h!h!h!h!h!h
h!h!h!h!h!h
h!h!h!h!h!h
h!h!h!h!h!h
h!h!h!h!h!h
h!h!h!h!h!h
h!h!h!h!h!h
h!h!h!h!h!h
h!h!h!h!h!h
h!h!h!h!h!h
h!h!h!h!h!h
h!h
!h h
!h h
!h h
h!h
!h h
!h h
!h h
h!h
!h h
!h h
!h h
!h h
!h h
h!h!h
h!h!h
h!h!h
h!h!h
h!hh :
h!hh C
h!hh L
h!hh P Q
h!h!h
h!h!h
h!h!h
h!h!h
h!hh
h!hh
h!hh
h!hh
J]
P D
) :
Pe
) h
h!h!h
h!h!h
h!h!h
h!h!h
h!h!h
h!h!h
5R
h!hhl;+
h!hhl;?D
h!hhl;aM
h!hhl;?C
h!hhl;?L
h!hhrpD
j PW
$j'P& & $'&() j'
(
$'&`PIj'
'
-j i' Ij
Myh %/ knj1 > knkz|uzu ku h h!h h!h!h h!hh h!h h!h!h h!h h!h!h!h!h!h h!h h!h!h
yM hh ;F G@wmopu-fuopuzku3yuw
G^ _Zka@moyuH3ym
umo+}zg3yo h h!h h!h!h
yM hh ; g1u'yoq@ moymy3 m
zuwuo y3 u1kn1j >knkz|uJh!h h!h!h!h!h!h h!h h!h!h
Myh<; ' Zkom2@@ ka@ moyuy3 u1kI^1 |> kkzuMhh h!h h!h!h h!h h!h!h!h!h!h h!h h!h!h
MyhED )0 zBZ1 kaf kzuy3 uw1 kI^1 |> kkzuh h!hh h!h h!h!h h!h h!h!h!h!h!h h!h h!h!h
]
h!hhrD h
h!hhrDBC
h!hhM Q
h!hhMBM
h!hhM h
5.
h!hhl:+
h!hhl:?D
h!hhl:B:
h!hhl:?C
h!hhrpe
h!hhre :
h!hhreBe
h!hhl+h
Y+YPUiU$%$
h!h!h
h!h!h
h!h!h
h!h!h
h!h!h
h!h!h
h!h!h
h!h!h
o
G "!$#&%')(*%,+)%.- /%]V1023546%879%84;:
>< =@?BABCEDGFIHKJ@?MLNODGPQCBR,LIHBPQ=S=TLVUPWFXNOJTLIHBPQ=S=TLVYZPQ=TLDOJS[\JSD]LK^`_E?aPWbQJTL=cP*Pd^e=TLf?gFdhGhOJSiBJS=SJSD]LK^KHKJ@JcHBPQCEDOJkjMb8LNGP2HBPQJ
l*nmolqJSCMpsrQLtu5mwJcb8vXLKm xqm y8rqxqmotrqzMp|{Vm}zarqxG~QmXm _\<OqHBPqj`CBJSDOJabWFXPZEA`PQJ@hOJchODGPQ5JMJSCbQABJM[dL=cPJS=MNOJSFuNOJSC`bQJS?BJcFuHBPQ=S=TL
qd zG{XxsK{z@{XzlQ{]8erQpp|{ZyQ{dxO~.rm}z\z9KlqmtuB{XrIvdmt5{p|{xGrQppm}m}zarO{\z`m yW{XxqtrQ
iaPQC[PWHBPQNGPd;hGJTLFJSC?BNGPWhGPQCBR,LHKJABCN]LdJcFXCMLPQCeDGFbQJSNGbWFX=TLNGPd=|^
LXh]hGPQCBR,L9HKJ&FXNOR8PhOJ?BA`FB^
LXbWbWPQNOD]LNGPhGFX=cFFdh]hGPQNO[XLC`HBFJS=;FXDGFNGPQDODOJS=SJSC`PWF9ABCBJkFXNOPdb]`P?aPQNGFB^NOJcbGBJcPWHBP=TLHBPqj`CBJSRWJcFXC`PL?BNOJcFXNOJ
HKJABChOJchGDGPQLHKJNOJkPQNOJSPQCEDGF <jMhOJcbQJNOJchGFX=S[FXC`FJS=?BNGFXiB=cPQL)JSCFEHBF)?BN]LdLDOJcbWFB?MLNODGPQC`HBF)H`L
EA`PQ=S=SJb]`PhOJcbQABN]LPQCeDGPC`FXChGFXC`FhOJchODGPQ5JJSC`PQNORWJTL=SJ ABChOJchODGPQL9hGFX=SJcH`L=cPbWFXC=TL5JTLLABDGFhOAABCML
hODON]LXH`LIHKJchGh]PWhOD]LD]LuC`FXCPd^BHKJ hOJcbQABNGFIJSC`PQNORWJTL=cPdMJS=FXDGFHBPQd=SJ FXdPQDODOJ C`PQ=S=|^MLABDGF5Pd^KFXNODGPQPQCeDGPJSCK`A`PQCK
R,LDGF9H`L=S=cP yW{XxO~.rnKdxOrqz@pm fPJSC`HKJS[\JcHKAMLC`HBFHBPQJ&hOJchODGPQVDOJHKJ&NOJkPQNOJSPQCEDGF9JSCLDOABN]Lb]`PhGFXC`FHBPQ=S=cP
L?B?BNGFdhGhOJSLRWJcFXCBJ[EJTLu[\JTLu5JSd=SJcFXNOJHKJABC_\<;JcHBP8L=cP
;=TLuC`FdhGDON]L5b8LXh]L hOADGPQ5?BJbWFXNODOJNOJchO?aPQDODGFL=?aPQNOJcF\HBFHKJNGFXD]LRWJcFXC`PfHBPQ=S=TLUPQNON]Lq
;=TLIUPQNON]L hOADGPQ5?BJbWFXNODOJ NOJchO?gPQDODGFL=S=|^MLCBC`FhGFX=TLNGP,
;JS=_\FX=cP hGPJSdC`FXNOJTLFJS=FXDGFFXNOiBJSD]L=cPfJSCeDGFXNOC`FL= bWPQCeDONGFHBPQ=S=TL2L=TLXhGhOJTL
;=TLL=TLXhGhOJTL SS
<HBPQCeDOJkjMb8LDGFABC_\< hGP&C`P&?aFdhGh]FXC`FbWFdhODONOABJSNGPJSCKj`CBJSDOJ|HKJE|LDODGFdXb]`PHKJkPQNOJchGbWFXC`F*?gPQNw=TLZ?gFdhOJSRWJcFXC`P
HBPQ=S=|^aFXNOJSdJSC`P bWFEFXNGHKJSCMLDGP,PV?aPQNABCML[PQ=cF\bQJSD]LK^aNGPQ=TLDOJS[XLbWFdhOD]LCEDGP bWFX5?gFXC`PQCeDOJo <s=wNOJSC`bQJS?BJcFHKJ
YZ|8PQd=TLDO JS[\JSD]LK^@_E?gPWbQJTL=cP FXNOfAB=TLDGFH`LL=SJS=cPWFeL.gPQNOLbG`Pd
<>CrfABcCr8_\Xm<IveH`rqL}DGkIFB;JmTlqmPQGC`FXlW{XPQz@CB{JmojMz`hOJcXbQxnJ*mXhGFXzMC`pm@FBLrQxVCMLG=SXJSRWtR,LqmiBXJSt=SJ*rqJSzMCp|{DGPQvXNOm
5BJSCB JHKJ rqrqz@pm LXbWb8LXHKJSPQCeDOJ2bG`PhOJ
[PQNOJkjMb8LC`F2JSC5ABC5?BABCEDGF PLXHIABCH`LDGFDGPQ5?aF w CPQ[PQCEDGFPd^deABJSC`HKJ`b8LN]LDODGPQNOJSRWR,LDGFfH`L*ABC5X|[PQDODGFXNGP
bG`P2FXNOCBJchGbWP=cP2bWFEFXNGHKJSCMLDGPVHBPQ=S=|^`PQ[PQCeDGF5JSCABCH`LDGF_\<n
QEd]Mc`XO}W.@ K }"KWSS]
wPQNH`LNGP*bWFXCEDGPQCeABDGFL=NOJSC`bQJS?BJcFHKJaYPQ=TLDOJS[EJSD]LK^BHBFXiBiBJTLF5hOD]LiBJS=SJSNGPEAML=cPhOJTLV=TL=cPQdP2HKJgDON]LXhFXNOL.
RWJcFXC`PHBPQ=S=cPbWF\FXNGHKJSCMLDGPHKJ ABCH`LDGF5PQ[PQCeDGFH`L5ABC_\<nMMLXHABCL=SDONGF_\<qM
d
d E
#
bG`PJS5?B=SJcb8LPQ[\JcHBPQCeDGPQPQCeDGPd
: 2 ; 2 : ;
d
FXC`hOJcHBPQN]LC`HBFJS=?BNGFEHBFXDODGFNOJSd`P2?aPQNbWFX=cFXCBC`PDON]LI=cPLDONOJcbQJ P 2@B=|^`PWEAMLRWJcFXC`PhOJNOJch]bQNOJS[Pd
2 ! 2
d "
A`PWhOD]L*PWEAMLRWJcFXC`PHBPqj`CBJch]bWP;ABCIJSC`hOJcPQPHKJELDONOJcbQJ`b]`P6FXNOLC`FBdJSCuDGPQNO5JcFXCBJKLDGPQLDOJcbQJ|ABC
2]
,
G*9 D
E
YJcPQ5?BJcFXC`F=|^
JSCEDGPQNOC`F)HBPQ=bWFXC`FHKJ=SA`bWP}ABDOABNGFBhGFXC`F9d=SJPQ[PQCEDOJ
[PQCeDOJbWFXC
bG`P?aFdhGh]FXC`F)PW hGhGPQKNGP JSCK `A` PQ CBR,LDOJ*H`L=S=|^&PQ[PQCeDGF JSC eAMLCEDGFN]LddJSABCBdJSiBJS=SJH`L bWFXC hGPQdCML=SJ
jMhOJcb8LPQCeDGPfNGP8L=SJSRWR,LiBJS=SJb]`P2[EJTLddJTLC`FbWFXC[PQ=cFEbQJSD]LK^`JSCKPQNOJcFXNGPfLb
YJcPQ5?BJcFXC`F=|^ JSCEDGPQNOC`FHBPQ=bWFXC`F9HKJ;=SA`bWP?MLXhGh]LDGFBIhGFXC`Fd=SJPQ[PQCEDOJ
K
[PQCeDOJbWFXC
bG`Pf?aFdhGh]FXC`FJSCK`A`PQCBR,LNGPV=|^MPQ[PQCeDGF `bWFXChGPQdCML=SJjMhOJcb8LPQCeDGPuNGP8L=SJSRWR,LiBJS=SJ
bG`Pf[EJTLddJTLC`FbWFXC
:
FX=SDOJS?B=SJcb8LC`HBF=TL d ?aPQN q DONGF8[\JTLFB
2
; q :
2 : ; 0 WS\ ;
- 2 : - : q : 2 : ; - q : - :
d E
EABJSC`HKJ| mrQpp|{Xxqm&G{d.XxqmXz@pmlnm6pxOloyW{XxqtXz@{lWrOG{dz@v{Stdpxqmnr q
B
<>CDGPQNO5JSCBJZ?BJSA ^6FXNOL=SJ|J[PQDODGFXNOJ*bWF8[dLNOJTLCeDOJhGFXC`Fd=SJZPQ=cPQPQCEDOJ*HBPQ=S=
L=S=cFhO?MLRWJcF
[PQDODGFXNOJTL=cPHBPQJ@[PQDODGFXNOJbWFXCEDON]LW[dLNOJTLCeDOJ <sCPQC`PQN]L=cPdKJS=aHKAML=cP HKJaABC`FVhO?MLRWJcFVl|K[,PQ~WDOmDG{FXNOvXJTLB=cXPcr Pd^\HBPqj`CBJSDGF
bWFXP=cF5hO?MLRWJcFHBPQJ yq\z\~Qm{Xz@Xmwm}zarOXxqm
ln\mrQpp|{dxnm - BHKJgABCBRWJcFXCBJ|`bQJcF\Pd^SBHBPqj`CBJSDGP2?aPQNFXdCBJPRKD]L=SJ
bG`Pd
- 0
% - / ' 1 &
% - / ' 1
bW FXC % P ' HBPQJCeABPQNOJ C`PQ=C`FdhODONGF5b8LXhGFBKCEABPQNOJ NGP8L=SJo ^\|LXbQJS=cP2bWFXCe[\JSC`bWPQNGhOJb]`P2FXdCBJ PQ=cPQPQCeDGFI
HKJ
?BA`FB^`PWhGhGPQNGP2hGbQNOJSDODGFbWFXPd
-
- - @ -
d
<>=KFXDGFC`PQ=S=cF*hG?MLRWJcF|DGPQ5?aF2HKJBABCML?MLNODOJcbWPQ=S=TLbQ=TLXhGhOJcb8L bQJcF\Pd^C`FXC5eAMLCEDOJchODOJcb8L
Pd^XHBPWhGbQNOJSDODGF2H`LABC ^
WP EAMLRWJcFXC`P5FXN]LNOJTLK FXC`hOJcHBPQNOJTLF=|^gJSCeDGPQNO[dL=S=c FbG`P5h]PQ?MLN]LHKA`PI?aFdhOJSRWJcFXCBJ
FX=SDGF[\JcbQJSC`P
C`PQ= DGPQ5?gF5P2=TLIhOAMLu=SABCBd`PQRWR,LJSCe[dLNOJTLCeDGPd
@ I >A
@ I
+K
{
@ ! > I {
{
[\JcHBPQCeDGPQPQCEDGPd Pd^aABCJSCEDGPQNO[XL=S=cFHKJDOJS?gFDGPQ5?aFBg?gPQNGbG`Pd^g=TL?MLNODOJcbWPQ=S=TL[\JTLddJTLL[PQ=cF\bQJSD]LK^
JSCKPQNO JcFXNGPLIeA`PQ=S=TLIHBPQ=S=TLu =S A`bWPdBEABJSC`HKJ PWhOJchODGPABC_\<&JSCbQABJ MLIhGFX=cFu=TLIbWFX5?gFXC`PQCeDGP2DGPQ5?gFXN]L=cP <>C
EA`PWhODGFV_\<=TL?MLNODOJcbWPQ=S=TLfPd^dPQNOL C`PQ=S=|^JSCeDGPQNO[dL=S=cFVHKJ`DGPQ5?gFbWFXC`hOJcHBPQN]LDGFe6P H`LK^d=|^dJSCEDGPQNO[XL=S=cFVHKJ
DGPQ5?gFhGPQdCMLDGFH`LABCFXNGFX=cFXdJcF2FXPQCeD]LC`P8LPQCEDGPJSCeABJcPQDGPNOJchO?aPQDODGFLXHPWhGh]L L2CEA`F8[dL[XLNOJTLiBJS=cPhOJ
bGBJTLL
?BNGFX?aPQN|DOJSP,HBPQ=S=TLZ?MLNODOJcbWPQ=S=TLZP;=cFJSC`HKJcbG`PQNGPQFbWFX
C wPQN
=TLhOAMLZHBPqj`CBJSRWJcFXC`Pd
ABCJSCeDGPQNOps[drqLt=S=cKF5{HK@JxDG{qPQ@5xnm?g{*FI ?BNGFX?BNOJcF5Pd^EABCJSCE[XLNOJTLCEDGP2NGPQ=TLDOJS[\JchODOJcbWFP*=TLVNGPQ=TLRWJcFXC`P2 DON]
L PWHJS=aDGPQ5?gFIDC`PQ=
_\<H`LIC`FXJ hGbWPQ=SDGFB`Pd^BH`LD]L5H`L=S=TL5NGPQ=TLRWJcFXC`Pd
5
!(' { 5 C5
+K, +
_\PIA`hOJTLFJS=DGPQ5?gF?BNGFX?BNOJcF?gPQNb8LN]LDODGPQNOJSRWR,LNGP=|^gPWeAMLRWJcFXC`PFXN]LNOJTLHBPQ=S=TL?MLNODOJcbWPQ=S=TLK?aFdh]hOJTLF
HBPqj`CBJSNGP2ABCEAMLXHKNOJS[PQDODGFXNGP[PQ=cF\bQJSD]LK^S
5 C 5
+K
5
5
Pd^`PQ[EJcHBPQCEDGPQPQCeDGPfABCX|[PQDODGFXNGPfbWF8[dLNOJTLCeDGPd@bQJcFEPd^BhGJDON]LXhFXNOLIbWFXP *FXDOJTLFIJS=[dL=cFXNGPHBPQ=S=cP
hOA`P2bWFX5?gFXC`PQCeDOJwPHBPQ=S=|^BJSCe[dLNOJTLCeDGPfNGPQ=TLDOJS[FB
D
C > 0
+K E
2
{
+K
'
+K 8
)
R 2R #/
3
J.
R
*
0 6] $d
+K,+ "
&
0 & *
)
* {
+K +
_\PJSCeDONGF\HKA`bQJTLF2ABC ^XJSCEDGPQN]LRWJcFXC`PDON]L*=cP?MLNODOJcbWPQ=S=cPHBPQ=BeLXh8eeA`PWhODGF2LddJSABCBPZL=`h]PWbWFXC`HBPDGPQNO5JSC`PHBPQ=S=TL
+K LIABbWCMFXC`L5bQE=SA`AMhGLJcCeFXDOC`JSP2D]LKPd^ ^\ b]`b]P`=TP2Lu?BA`LXFBhG^`h]PWLuhGh]HKPQJgNGPNOJS?a?aFdFdh]hOFuJSDOJSHK[dJgLIABF5CC`hOPQJchOeDGLPQDOJS[dLuL bWFX5?gFdhODGF5HKJkPQNOJchGbWPH`L=S=TLIhGFX5LIHBPQ=S=cP
LXhG hGPHKJNOJS?aFdh]FHBPQJhOA`FXJbWFdhODOJSDOA`PQCeDOJP=TLHKJkgPQNGPQCBR,L9?BA`FB^
PWhGh]PQNGP=SJSigPQN]LD]L FHBPQ[PPWhGhGPQNGPFXNOCBJSD]L
hGFXDODGFIFXNOLIHKJ ABCMLIEAMLCeDOJSD]LK^@HKJPQC`PQNOdJTL5H`LD]LLC`bWFXN]L5H`L=S=TL5NGPQ=TLRWJcFXC`P
+K + q
!
{
+K d
*
P
+K + &P
+K d 6FXNOCBJchGbWFXC`Ff=TLfNGPQ=TLRWJcFXC`PLXhGh]L.sPQC`PQNOdJTLuHKJ JSC`hODGPQJSC KH`L=S=cPZJSCBCEABPQNGPQ[FX=SJL?B?B=SJk
b8LRWJcFXCBJ JSCjMhGJcb8LIP2C`PQ=S=TLI?BN]LDOJcb8L
I^wFXN]LJSCLW[dLCeDOJ|
=cPLXh]hGPHBPQ=S=cP?MLNODOJcbWPQ=S=cPLDGFX5JcbG`PPhOABiMLDGFX5Jcb]`Ph]LN]LCBC`F9H`LDGPhGPQ5?BNGPJSC
ABCBJSD]LK^`HKJPQC`PQNOdJTLKMhGPWbWFXC`HBF5=TL
+K + qBA`hnLC`HBF5=cPABCBJSD]LK^S P Wdd 2P W P
2LINOJcbWFXNGH`LNGPd
PQ=cPQDODONGFXC`Pd K P u
d
\ P IBC`PQABDONGFXC`Pd d
\ P I
?BNGFXDGFXC`Pd
\ P
HBPQABDGFXC`Pd 0
R
*
^&PQC`PQNOdJTL PQPWhGhnLH`L=_\FX=cPPd^;?BNGF\HBFXDOD]LH`L=S=TLA`hOJcFXC`P9HKJ*EAMLDODONGF
?BNGFXDGFXCBz JMJSrnClWrqHKtA`@PmCe{ A`m}bQtZ=cPQBJa{XHKxqJ p|d zM=SJcpsF rQ% L*A`hOJcFXC`PZL8[E[\JcPQC`PZLDODON]L8[PQNGhGFABCMLfhGPWeA`PQCBR,LHKJ`NGPQRWJcFXCBJ|=TL2bWFdhGJcHBHBPQDOD]L
hGPWEA`PQCBR,L
s EA`PWhOD]LPd^M=TLhGPWEA`PQCBR,L5?BNOJSC`bQJS?ML=cPdbQJwhGFXC`FHKJS[PQNGh]PfhGPWEA`PQCBR8PfhGPWbWFXC`H`LNOJcPuhODOA`HKJTLDGPuH`L
PQDO`PC`PQd=SJLCBCBJ;^ KBNOJcbWFXNGH`LNGPb]`P &
8 8=$* q $
@ 8=$* { q
& / & & { / $ /
+K E
{ / & & $ / C
+K
$ / $ & $ / & / &
+K "
LINGP8LRWJcFXC`PfbWFX5?B=cPWhGhOJS[dLI?BA`FB^`PWhGhGPQNGP2h]bQNOJSDOD]L5bWFXPd
& / $ & $ / $ / $ /
+K 6
<?gFdhOJSDONGFXCBJKhOJKLCBCBJcb]BJS=TLC`FbWFXCId=SJ\PQ=cPQDODONGFXCBJ`HBPQ=KPQRWR8F*=SJSigPQN]LC`HBF*PQC`PQNOdJTL $ ABJSC`HKJBJSCuDGFXD]L=cPdd=|^PQC`PQNOdJTL
DGPQNO5Jcb8LI=SJSigPQN]LD]L5FXdCBJ ?BNGFXDGFXCBJPd^S
!
+K
/
!
)
\ $
Pd^M=|^@PQC`PQNOdJTLPWHKJTL?aFXNOD]LD]L[\JTLH`LJwC`PQABDONOJSCBJ|ab]`Pu=TLXhGbQJTLC`FJS=_\FX=cPfJSC`HKJchGDOABNOiMLDOJ ^ PQC`PQNOdJTL
HBPQJ`C`PQABDONOJSCBJMPd^dHKJchGDONOJSiBABJSD]LbWFXCbWFXCEDOJSCeABJSD]LK^EDON]L*R8PQNGF LXhGhOABPQC`HBF2=TL2LXhGh]LHBPQ=BC`PQABDONOJSC`FDON]LXh]bQABN]LiBJS=cP,
PJS= [dL=cFXNGP2HBPQ= C`PQ=S=TLIFXNOLRWJcFXC`PVHBPQ= HBPQABDGPQNOJcFB
q / q & { )
! ! K
$
+K )
W _\PWbWFXC`HBF=TL PWbWb8LCBJcb8L $ AMLCeDOJchODOJcb8LYZPQ=TLDOJS[\JchODOJcb8LKgPWhOJchODGFXC`FNGP8LRWJcFXCBJ
JSC9bQABJ
L=cbQABC`P
?MLNODOJcbWPQ=S=cP?gFdhGhGFXC`FIPWhGhGPQNGP*bQNGP8LDGP2FIHKJchODONOABDODGPd`LXHPWhGPQ5?BJcFu=|^KLCBCBJcb]BJS=TLRWJcFXC`P?BNGFXDGFXC`Pq>LCEDOJS?BNGFXDGFXC`P <>C
EA`PWhODOJ6b8LXhOJ=TL[dLNOJTLRWJcFXC`PHKJ6PQC`PQNOdJTLC`PQ=S=TLNGPQ=TLRWJcFXC`P
+K + JSC`bQ=SA`HBP5=|^gJSCeDGPQN]LLXhGh]LHKJNOJS?gFdhGFHBPQ=S=cP
?MLNODOJcbWPQ=S=cPfbWFXJSCE[FX=SDGP
# _KL?gPQC`HBFbG`Pd JoJS=6_\FX=cPubWFXCeDGPQC`PQ[dLL=S=|^aFXNOJSdJSC`PIbQJSNGb8L W ?BNGFXDGFXCBJ| JSJo=TLbWFdhOD]LCEDGP
hGFX=TLNGP `A`hGhGFIHKJPQC`PQNOdJTLuhGFX=TLNGP2hOAB=S=TLVUPQNON]LPd^S * "\ @1W { 8 { $# q JSJSJo6=TLuUPQNON]LIHKJchOD]L
H`L=
_\FX=cP 6 =
M 6 !
$ JS[`=|^@PQC`PQNOdJTL?gFXNOD]LD]LH`LJC`PQABDONOJSCBJwPd^MDON]LXhGbQABN]LiBJS=cPd@hnL?BNGPWhODGPfhODOJSLNGPf=TL
HKABN]LD]L5HKJ [\JSD]LIHBPQ=w_\FX=cPH`L=S=cP
+K 6 P
+K
RR
L}ABCBRWJcFXC`P ?BNGPQC`HBP;JS=C`FXP;HKJ
XFZLC`bG`P&hGPQ5?B=SJcbWPQPQCeDGP LCBdN]LCBdJTLCMLK
?gPQN iBNGPQ[\JSDKPHK JS?aPQC`HBPH`LJ2b8L5?BJ ve rq=cPzBlq[dm}pL2vNOJTXLm iBJS=S8JdHKxXJSCMz\LX5mdJcz@bG` P,PH`L=S=cP=cFXNGFHBPQNOJS[XLDGP PHBPQNOJS[dLDGP
DGPQ5?gFXN]L=SJ
h]FXC`F=TLPQC`PQN]L=SJSRWR,LRWJcFXC`PHBPQ=S=cPu[PQ=cFEbQJSDKgPQCEDONGPu=TLHKJS?gPQC`HBPQCBR,LHBPQ=S=TL LdN]LCBdJTLCMLH`L=S=cP
HBPQNOJS[dLDGPhO?MLRWJTL=SJ ?gPQNOPQDODGPHKJLXbWbWFX?B?BJTLNGPfDON]Lu=cFXNGF5JdN]LXHKJHKJ =SJSigPQNODIJSC?BABCeDOJ[EJcbQJSCBJC`PQ=S=cFhO?MLRWJcF
iBiBJTLFbWFXC`hOJcHBPQN]LDGFABCML?gFdhGhOJSiBJS=cPIHKJS?aPQC`HBPQCBR,LPWhO?B=SJcbQJSD]LHBPQ=S=TL LdN]LCBdJTLCMLH`L=S=cP5bWF\FXNGHKJSCMLDGP
hO?MLRWJcF|DGPQ5?gFXN]L=SJ|M?gPQNHBPWhGbQNOJS[PQNGPf=|^MLRWJcFXCBJHKJ ?gFdhGhOJSiBJS=SJLPQCEDOJPWhODGPQNOCBJL=hOJchODGPQL5HBPQJb8L5?BJ PQNABC
hOJchODGPQLJchGFX=TLDGFBEA`PWhOD]LHKJS?gPQC`HBPQCBR,LC`FXC?BA`FB^PWhGhGPQNGbQJ&P5=TL LdN]LCBdJTLCMLHKJS?aPQC`HBPH`L=S=cPbWF\FXNGHKJSCMLDGP
hGFX=cFLDODON]L8[PQNGhGFJ b8L5?BJwP=cP=cFXNGFHBPQNOJS[XLDGP
<>CDGPQNO5JSCBJHKJ
5
K E
HBF8[P =TLINGPQdJcFXC`PfHBPQ=S=cFhO?MLRWJcF|DGPQ5?gF=SJS5JSD]LD]L5H`L=S=cP2JS?gPQNGhOAB?gPQNjMbQJ q ' q P { ' {
<>5LdJSCBJTLFHKJ
jMhGh]LNGPuJ[dL=cFXNOJHBPQJ6b8L5?BJ6hOA q { <>=NOJSC`bQJS?BJcFHKJ JSCBJSL RWJcFXC`P5hGD]LiBJS=SJchGbWP
bG`Pd
=|^MPqPQDODOJS[XLPQ[FX=SABRWJcFXC`PIHBPQ=wb8L5?gFDON]LEA`PWhODOJw[XL=cFXNOJ VH`LD]LH`L=S=cPABCBRWJcFXCBJ b]`P
NGPQC`HBFXC`F_5JSCBJSLK`bWFXCbWFXC`HKJSRWJcFXCBJhOA q { jMh]h]LDGP
*FXDOJTLFb]`P=TLHBPQC`hOJSD )HKJ LdN]LCBdJTLCMLC`FXC jMhGh]LD]LABCBJS[FEb8LPQCEDGP wFXJcbG 9C`PQ=Z6NOJSC`bQJS?BJcF
HKJ RWJcFXC`PhGJZhODOJS?BAB=TLHKJDGPQC`PQNGPjM h]hOJJb8L5?BJ*hOABJZigFXNGHKJHKJ ?gFdhGhOJTLFL ddJSABCBPQNGPL=S=TLHBPQC`hOJSD
HKJ LdN]LCBdJTLCML=TLHKJS[PQNOPQCBR,LHKJABCEAML=chOJTLXhOJX|[PQDODGFXNGP5h]PQCBR,Lb8LfiBJTLNGP5JS=5JSCBJSFHBPQ=S=|^ RWJcFXC`P5P
EABJSC`HKJ =cP2PWeAMLRWJcFXCBJHBPQ= FXDGF
wPQNZNOJcb8L8[XLNGP2=cPfPWeAMLRWJcFXCBJHKJkPQNGPQCBRWJTL=SJb]`PHBPQDGPQNO5JSCMLC`F=|^MPQ[FX=SABRWJcFXC`PfHBPQ= b8L5?gFBB?aFXCBJTLFB
/,+ 0 + q &
+ {
K
=TLIbWFXC`HKJSRWJcFXC`PfHKJ JSCBJSL RWJcFXC`PhOJDON]LXHKA`bWPC`PQ=S=|^`PWeAMLRWJcFXC`Pd
+
V 5 + / +E 5 + / +
K "
!
5 + / 5 +
?gFXJcbG +\ + LDGFb]`P5=cPI [d LNOJTLRWJcFXCBJ;HBPQJ6b8L5?BJ;hO J6 L CBCeAB=S=TLC`F9L=iaFXNGHBFHBPQ=S=TLNGPQdJcFXC`PHKJ
JSCeDGPQdN]LRWJcFX C`Pdg=|^`AB=SDOJSFDGPQNO5JSC`PVC`PQ=S=TL K " CEAB=S=cF <sC`FX=SDONGPdM=TL K " ZHBPQ[P[dL=cPQNGP?gPQNZ[dLNOJTLRWJcFXCBJ +
LNOiBJSDON]LNOJcPdeEABJSC`HKJK=TLZ}ABCBRWJcFXC`PDON]L?MLNGPQCeDGPWhOJ`EAMLXHKNGPhOJBHBPQ[PLCBCeAB=S=TLNGPJcHBPQCEDOJcb8LPQCeDGPJSC U NGF,[EJTLF
bWFdhOJ|^K=cP r QK.~Qm{Xz`m&vXm EcrqxO{ 8XxOXzEer
K7 6
ABChOJchGDGPQL)HKJZPWEAMLRWJcFXCBJHKJkPQNGPQCBRWJTL=SJL=S=cPHB PQNOJS [XLDGP?ML NORWJTL=SJ LDOABN]L=SPQCeDGPdhGPLiBiBJTLF HKJS[PQNGhOJ
b8L5?BJ % 6
0 XWSSS @LiBiBJTLFABC ^BPWeAMLRWJcFXC`Pf?aPQNbQJTLXh]bQABCML5bWFX5?aFXC`PQCEDGP
*PQ=S=TL*PWbWb8LCBJcb8L2*PDGFXCBJTLCMLKJS=KFXDGF2HKJBABC5?BABCeDGFHBPQDGPQNO5JSCMLDGFh]PHKJTLF?gFdhOJSRWJcFXC`PP[PQ=cF\bQJSD
LXHABCJchOD]LCeDGPZjMhGh]LDGF ^\PWhODGPQC`hOJcFXC`PHKJ@EA`PWhODGF?BNOJSC`bQJS?BJcFuhOD]LC`PQ=MNOJcbGBJcPWHBPQNGPb]`P hOJTLL=@?BJSA ^EEAMLXHKN]L.
DOJcb8L2C`PQ=S=cP*HBPQNOJS[dLDGPHBPQJab8L5?BJaPZC`FXJ@hGPQdABJSNGPQFIEA`PWhODGF2?BNOJSC`bQJS?BJcF <>CEA`PWhODGFfb8LXh]FB
Z=SJSC`P8LNGP
JSC K=|^BPWeAMLRWJcFXC`PVHKJ AB=cPQNGF LdN]LCBP L=S=cPHBPQNOJS[dLDGP2hGPWbWFXC`HBPP=TLIhGFX=SABRWJcFXC`P 2 HBPQDG PQ NO5JSCMLD]L Eza
.{Xk p|l]l8rXz@pm6mo]XtK{r2SlnBvErqxnm}.dp|psrQtZB{XxdSr hOAB=S=|^KJS?gPQNGhOAB?aPQNjMbQJcP q
] 2R
R]
2LC`FXD]LNGPb]`P=TLHBPQC`hOJSD )HKJ *L5JS=SDGFXCBJTLCML ABCMLdN]LC`HBPQRWR,LLA`hOJS=SJTLNOJTLKh]FX=cF=|^ *L5JS=SDGFXCBJTLCML
jMhOJcb8LPQCEDGPINOJS=cPQ[XLCEDGPVPQCEDONGPu=TLHBPQC`hGJSD HKJ *L5JS=SDGFXCBJTLCML uHBPqj`CBJSD]LLPQC`FHBPQ=S=TL sHKJS[PQNOPQCBR,LHKJ
ABC[PQDODGFXNGPd`b]`PhOJJSCEDGPQdN]LLuR8PQNGFEAMLC`HBF5J b8L5?BJhGJLCBCEAB=S=TLC`FL=S=|^`JSCKj`CBJSDGF
PPWeAMLRWJcFXCBJHBPQ=2FXDGFHBPQJb8L5?BJhGJFXDODGPQCBFXC`FhGPQ5?B=SJcbWPQPQCeDGPHKJkgPQNGPQCBRWJTLC`HBF=TL K PWH
A`h]LC` HBF5=cP2PWEAMLRWJcFXCBJHKJ AB=cPQNGF LdN]LCBP
wFXCBJTLFB
/,+ 0 /,+ 0 /,+
K
UNGF8[\JTLFL=S=cFXN]LK
+
5
+ / +\ !
+ !
@ +E !
+\ ! K #+
! 5
+
5 + ! + ! @e
+ ! 5
+
HBF8[PVLiBiBJTLFA`h]LDGF5=cP2PWEAMLRWJcFXCBJHKJ AB=cPQNGF Ld N]LCBPfC`PQ=S=TLIFXNOLK
!
8
RG
E
+
! + +
! ! @ 0
!
*PQ=S=TLh]PWbWFXC`H`LPWEAMLRWJcFXC`PL?B?MLNGP =TLHBPQNOJS[d LD]LNOJchO?gPQDODGFL HBF8[\ABD] LL=&LDODGFbG`PJSC
PEABJSC`HKJ
JSC LiBiBJTLFDON]LDOD]LDGFhGPQ?MLN]LD]LPQCEDGP=TLHKJS?gPQC`HBPQCBR,LH`L PH`L *J|LDODGFDOABDODGFJS=;DGPQNO5JSC`P
DON]L?MLNGPQCEDGPWhOJbWFXNONOJchO?gFXC`HBPL=S=TLEAMLCeDOJSD C`PQ=b8LXhGF)HKJABCdN]LXHBFHKJ=SJSiaPQNOD 2L=S=TLDGPQNOR,L
PWEAMLRWJcFXC`P2DONGF8[\JTLFB
! 5
5
5
K
5
wPQNABChGJchODGPQLVJchGFX=TLDGFBKbWFXPLiBiBJTLFV[\JchODGFB\=TLu HBPQC`hOJSD uHKJ LdN] LCBdJTLCMLI?BA`FB^KHKJS?aPQC`HBPQNGP2H`L=g?BABCEDGF
HBPQ=S=cFhO?MLRWJcF|DGPQ5?gFh]FX=cFLDODON]LW[PQNGhGFJ6b8L5?BJ J&bWFXC`hGPQdA`PQCBR,LKw?aPQN2ABChGJchODGPQLJchGFX=TLDGFNOJSDONGF8[\JTLF
=TLI=cPQdPHKJ bWFXC`h]PQNO[XLRWJcFXC`PVHBPQ=S=|^`PQC`PQNOdJTLK ^
L5JS=SDGFXCBJTLCMLHKJABChOJchODGPQLuJchGFX=TLDGF ABCML5bWFdhOD]LCeDGPVHBPQ=
FXDGF FhODGPWhGhGFI[dL=cP2hGFXDODGFI=TL5bWFXC`HKJSRWJcFXC`Pf?BJSA ^`HBPQiaFX=cP2b]`PJS= hOJchGDGPQLIhOJTLIJSC`HKJS?gPQC`HBPQCeDGPfH`L=DGPQ5?aF
P#3 e-!# #3 "%,-'% /02% (3 +)%
wPQNbWFdhODONOABJSNGP;=TLdN]LCBdJTLC`PNGPQ=TLDOJS[\JchODOJcb8LPQCeDGPJSCE[XLNOJTLCEDOJ|HBFXiBiBJTLF*?MLNODOJSNGP&H`L=S=cP&=cPQddJKHKJeDON]LXhFXN
LRWJcFXC`PHBPQJ b8L5?BJ|B=cPNGPQ=TLRWJcFXCBJbG`P2=cPQeLC`F5JS= b8L5?gF5FdhGhGPQNO[dLDGFIC`PQ=_\<5 ML=[dL=cFXNGP2FdhGhGPQNO[dLDGF
JSC XJSC5bWFXNONOJS?gFXC`HBPQCBR,LLXHuABC`FhODGPWhGhGF*PQ[PQCeDGFC`PQ=S=cFhO?MLRWJcF|DGPQ5?gFBHBPWhGbQNOJSDODGF2H`L=S=cPbWF\FXNGHKJSCMLDGP
P JSC P2JSC
f
K "
<>= b8LXhGFI?BJSA ^`hGPQ5?B=SJcbWP feA`PQ=S=cF5HKJ ABC ]XtK{lQGdkXxGr JSCbQABJ J HKA`P2[dL=cFXNOJhGFXC`FId=SJhODGPWh]hOJ|
K 6
PfHBPQNOJS[XLDGPHKJ hGJDON]LXhFXNOLC`FbWFXP2[PQDODGFXNOJ G{XXxnmXzMpm @_\PQR d `
q
K
[dLNOJTLCeDOJ|
K )
<>CbWFXC`hGPQdA`PQCBR,LK`JSC`HKJcb]`PQNGPQF=cP2HBPQNOJS[dLDGPbW FX Pd
0
,+
] 2]
R.
P2EABJSC`HKJ =|^KJSCe[dLNOJTLCBR,L5NOJcb]BJcPWhOD]L
<;DGPQC`hGFXNOJHKJaABCH`LDGFuN]LCBF
HBPWhGbQNOJS[FXC`FIABCMLu[dLNOJcPQD V=SJSC`P8LNGP CDGPQC`h]FXNGP*hGJgHKJcbWP
hGPeA`PWhOD]L[XLNOJcPQD =SJSC`P8LNGPbWFXCEDOJc= PQC`P= hGFXDODGFdhO?MLRWJ;JSCE[XLNOJTLCEDOJhGFXDODGF=cPDON]LX6h FXNOLRWJcFXCBJ K,+ + bGxq`mvdPKhOQJTm|LqC`m}SF r
C`FXCK|DONOJS[\JTL=SJ bQJcF 2HKJS[PQNGhOJH`L P2H`L=S=TLI[dLNOJcPQD 5hODGPWh]h]L =SDONOJSPQCEDOJJS= DGPQC`h]FXNGP moxqxqmvXBQm|qm}SrQ
[PQCEDOAML=SJVhGFXDODGFdhG?MLRWJ2JSCe[dLNOJTLCeDOJVhGJ*?gFdhGhGFXC`FFXDODGPQC`PQNGP?BNGFXJcPQDOD]LC`HBFJS=2DGPQC`hGFXNGPPQC`PQNOJcbWFbWFXC"=cP
XF ?gPQN] LRWJcFXCBJwJSCE[XLNOJTLCEDOJ;HBPWhGbQNOJSDODGPu?BNOJSL wPQN*ABCDGPQC`hGFXNGPVJSNONOJcHKA`bQJSiBJS=cP5=cPuFX?aPQN]LRWJcFXCBJ
JSCE[XLNOJTLCEDOJ6H`LCBC`F
R8PQNGFFI?BNGFXJcPQDOD]LC`FhOADOABDODGF5=cFhO?MLRWJcF5HKJ?MLNODGPQCBR,L
FXCEDON]LXPQC`HBFbWFX5?B=cPQD]LPQCeDGPd=SJJSC`HKJcbQJ6HKJ?BNGF\HBFXDODOJ6HKJ6b8L5?BJ6DGPQC`hGFXNOJTL=SJ6P5HBPQ=S=cPI=cFXNGFHBPQNOJS[dLDGPhOJ
FXDODGPQCBFXC`FDGPQC`hGFXNOJHKJ N]LCBFCeAB=S=cF ?BNOJS[EJHKJJSC`HKJcbQJ=SJSigPQNOJobG`PVhGFXC`F5JSCE[XLNOJTLCEDOJ hOJDON]LXhFXNOLC`FbWFXP
JS= b8L5?gF5hGb8L=TLNGPC`PQ=S=TL K 6 O $ A`PWhODGPfbWFXfiBJSCMLRWJcFXCBJJSCE[XLNOJTLCEDOJhGFXC`FIJgiB=cF\bWbGBJbWFXCbQABJbWFdhODONOABJSNGP=TL
verqz`lnmp vXmS8XxOXzEdmXza `bG`PVHBPWhGbQNOJS[P2=TLIHKJSCML5Jcb8LHBPQ= b8L5?aF
C)b8LXhGFJS5?aFXNOD]LCEDGP EA`PQ=S=cFHBPQJ6DGPQC`hGFXNOJLHKA`P5JSC`HKJcbQJ;bWF8[dLNOJTLCeDOJLCeDOJchOJS5PQDONOJcbQJ
[ JcHB&PQl8CerqDGtPQ@mPQ{ CEDGdPd5& EA`PWhODOJ;DGPQC`h]FXNOJ&MLCBC`F @e bWFX5?aFXC`PQCEDOJJSC`HKJS?aPQC`HBPQCEDOJ|6bG`P?gFdhGhGFXC`F9PWhGhGPQNGP
\
FXNOeLCBJSRWR,LDGPJSC |[PQDODGFXNOJL= F\HBF5hGPQdA`PQCeDGPd
! q { {q
!
!
K, + "
{ ! q
! q ! { !
^@L?B?B=SJcb8LRWJcFXC`PfHBPQ= DGPQC`hGFXNGPfHKJ PQ[EJk JS[\JSD]L5?gFXNOD]L5L=S=TL5HBPqj`CBJSRWJcFXC`PVHBPQ= psrqzBlW{XxOruvXBXcr
2 , 2 ) :
: ) :
:
K, +6
*FXC HKJ bQJS=cP2[PWHBPQNGPb]`P
hOJ FXDODOJcPQC`PfH`L
bWFXC=cP2hGFdhGDOJSDOABRWJcFXCBJ| & ! 0 &
! q { !! {q
!
K, +
{ ! q !
q {
K, + )
- 6
K
)
: 6q :
:
wFXJcbG LiBiBJTLFA`h]LDGFhGFX=cFFX?gPQN]LRWJcFXCBJJSCe[dLNOJTLCeDOJ|=TLHBPWbWFX5?gFdhOJSRWJcFXC`P K VJSCe[dLNOJTLCeDGP5?gPQNDON]L.
hFXNOLRWJcFXCBJ&HKJ FXNGPQCeDORP5=cFhO?MLRWJcFHBPQJ;DGPQC`hGFXNOJLCEDOJchOJS5PQDONOJcbQJLHKA`P5JSC`HKJcbQJ&hOJ&HBPWbWFX5?aFXC`PJSCHKA`P
hGFXDODGFdhO?MLRWJJSCe[dLNOJTLCeDOJHKJHKJSPQC`hOJcFXC`P bQJTLXhGbQABC`F
] 2]
R
A`PWhODOJHKA`PhGFXDODGFdhO?MLRWJFXNOLC`FABCbWFX5?B=cPWhGhGF5ABCBJcbWFh]PLddJSABCBdJTLF=|^BFX?gPQN]LRWJcFXC`Pf
LNOJSD bqN
L ? $
_\FXDODGF
LNOJSDKJ[PQDODGFXNOJ P hOJwbWFX5?gFXNOD]LC`FBNOJchO?gPQDODOJS[dLPQCeDGPdbWFXPIABC9[PQDODGFXNGP K{X SXxOr
PWHABC[PQDODGFXNGP Xl]lnmXcr
& ' & ! ! 0 & / !
K
P2EABJSC`HKJ|
& '
6 & ! 6 ! - 6 ! ! K +
=S=cP6hODGPWhGh]PbWFXC`bQ=SA`hOJcFXCBJEhOJeLNONOJS[dLbWFXC`hOJcHBPQN]LC`HBFJ vX`rm}z`.XxqmdzMpm QBvXxOdpmWm bG`P6?gFdhGhOJTLFbWFdhGDONOABJSNGP
Lu?MLNODOJSNGPfH`L
P
q
{ ! {
K d
{
@
LIFXNOL5HBPQ=S=cP K d hOABdPQNOJchGbWPHKJ bWFXC`hGJcHBPQN]LNGPJ[PQDODGFXNOJbWFX5?B=cPWhGhGJ|
6 0
K E
@E q
{
<EAMLXHKN]LDOJ6HBPQJHKA`P |[PQDODGFXNOJ6h]FXC`Fh]PQ?MLN]LD]LPQCeDGPbWFXC`hGPQNO[dLDOJ
C`PQ=S=cPIDON]LXhFXNOLRWJcFXCBJ6HKJ FXNGPQCeDOR b]`P
EABJSC`HKJ&DON]LXhFXNOLC`FDON]LHKJ& =cFXNGF=c! PbWFX5?aFXC`PQCEDOJHKJbQJTLXhGbQABC`F9HKJ&PWh]hOJ LDON]LXhFXNOLRWJcFXC`PHKJ
LNOJSD
hGb8LViBJTLPQ[\JcHBPQCeDGPQPQCeDGP bWFXC
&
8
l
q
r
t
@
m
{
+K UPQC`hGFXNOJLHKA`PJSC`HKJcbQJ2hOJS5PQDONOJcbQJ|PQCeDON]LfiBJ2bWF,[XLNOJTLCEDOJ FbWFXCEDON]LW[dLNOJTLCeDOJoq
F8[\[PQNGF <>CEA`PWhODGFb8LXhGFB=TL?BNGFXJcPQRWJcFXC`PbWFXC 2 H ABC)JSCe[dLNOJTLCeDGPP5=cFhG?MLRWJcFhOJ6HBPWbWFX5?gFXC`P
C` PQ=S=cFIhO?MLRWJcFu HB PQJaDGPQC`h]FXNOJ lqmotItrQpxqmWm
r*l8rqz\~,5 pxeGQm 2 KHKJHKJSPQC`hOJcFXC`P ) KPZJSCABC`FIhO?MLRWJcF
ABCBJcHKJSPQC`hOJcFXCML=cPVHBPQJ DGPQC`hGFXNOJHBPQ=S=TLuFXNOL 2
W LbQ=TLXhGhOJkjMb8LRWJcFXC`PuHBPQJDGPQC`hGFXNOJJSNONOJcHKA`bQJSiBJS=SJ VHKJchGbQA`hGh]LJS
C s 2L5ABC?BABCeDGFHKJ[\JchOD]L
L=SPQiBNOJcbWFBahOJ DONGF8[dL5b]`PfJS= dNOAB?B?gFHKJ FXNGPQCeDOR PWEABJS[XL=cPQCEDGPVL=?BNGF\HBFXDODGFHKJHKA`P2dNOAB?B?BJwHKJNGFXD]LRWJcFXCBJ|
$ ABJSC`HKJ JgDGPQC`hGFXNOJ JSNONOJcHKA`bQJSiBJS=SJh]FXC`F5b8LN]LDODGPQNOJSRWR,LDOJH`L vX`r2t{Xtrqz@pm;XzE{XSXxqm
q r { <*DGPQC`hGFXNOJbG`PL?B?MLNODGPQCBFXC`FL=S=TLN]L?B?BNGPWhGPQCeD]LRWJcFXCJSNONOJcHKA`bQJSiBJS=cP q { MLCBC`FHKJSPQC`hGJcFXC`P
55
q /
{ /
<2EAMLXHKNOJS[PQDODGFXNOJ bWFXCeDON]LW[dLNOJTLCeDOJFbWF8[dLNOJTLCeDOJoubWFXNONOJchG?aFXC`HBFXC`FL=S=TLN]L?B?BNGPWhGPQCeD]LRWJcFXC`P \#
HKJ
<*DGPQC`hGFXNOJ&LFX=SDOJ6JSC`HKJcbQJHBPWhGbQNOJSDODOJ6?BNOJSLhOJ6FXDODGPQCBFXC`FH`LJ;?BNGFEHBFXDODOJ6DGPQC`h]FXNOJTL=SJ
HKJeA`PWhGD]LfN]L?B?BNGPWh]PQCeD]LRWJcFXC`P HPWh]PQ5?BJcFBEJgDGPQC`hGFXNOJLVHKA`PJSC`HKJcbQJbWFXCeDON]L8[XLNOJTLCEDOJ| hGFXC`FuPQC`PQN]LDOJ
H`L= ?BNGF\HBFXDODGF
\#
K
\# /K# / X# KG XG K#
iBiBJTLF?aFdhGDGF=cPI?MLNGPQCeDGPWhOJ&?aPQNh]PQ?MLN]LNGPJDGPQC`hGFXNOJ;hGJS5PQDONOJcbQJ EA`PQ=S=SJ;hGPQCBR,LDON]LXbWbQJTL?BJSA ^ =TLDON]LXbq
bQJTLfH`LEA`PQ=S=SJLCEDOJchOJS5PQDONOJcbQJ *FXDOJTLF=TLhGPQ5?B=SJcbQJSD bWFXC bQABJ=TL=cPQdPHKJbWFX5?aFdhOJSRWJcFXC`PHBPQJF
PQCeDOJuLCBFX=TLNOJfNOJS?BNGF\HKA`bWP=TL HBPWbWFX5?aFdhGJSRWJcFXC`PJSC bWFX5?aFXC`PQCEDOJfJSNONOJcHKA`bQJSiBJS=SJ|2JSC"?MLNODOJcbWFX=TLNGP=TL =cFXNGF
HKJSPQC`hOJcFXCML=SJSD
R
\_ bQNOJS[PQNGPVPWhO?B=SJcbQJSD]LPQCeDGPu=cP2DON]LXhOFXNOLRWJcFXCBJwHBPQ=S=cPfbWFX5?gFXC`PQCeDOJHKJ
?gPQNDON]LXhFXNOL.
RWJcFXCBJHKJ FXNGPQCeDOR_E?gPWbQJTL=SJ [PQ=cF\bQJSD =SABCBF =|^LX hGh]P PuFdhODON]LNGPIbG`P5EA`PWhODGPuDON]LXhFXNOLC`Fh]PQ?MLN]LD]L.
PQCeDGPuDON]L=cFXNGF=cPubWFX5?gFXC` PQCeDOJ6HKJ / 6 P ! 6 $ A`PWhODGFNOJchOAB=TLDODGFHKJSFdhGDON]LLC`bWFXN]LABCML[FX=SD]L
=TLHBPWbWFX5?aFdhOJSRWJcFXC`PIHKJ
JSC9bWFX5?gFXC`PQCeDOJJSCE[XLNOJTLCEDOJ JSCKLDODOJ|a=TLhODGPWhGh]L?BNGFX?BNOJcPQD uPQ[\JcHBPQCeDGPQPQCeDGP
[PQN]L9LC`bG`P?aPQNV=cPNGFXD]LRWJcFXCBJhO?MLRWJTL=SJ|
eABJSC`HKJ?aPQNVDOABDODGP=cPDON]LXhFXNOLRWJcFXCBJHKJ bG`PhOJFXDODGPQCBFXC`F
bWFXfiBJSCMLC`HBFJ HKA`P2DOJS?BJ HKJ DON]LXhOFXNOLRWJcFXCBJo
S% 04#%,0 (*-'46%.' 0
*PQ=S=cP_\PQRWJcFXCBJ;?BNGPWbWPWHBPQCEDOJLiBiBJTLFLDODGFNOJkPQNOJSPQCEDGFLHKA`PFdhGhGPQNO[dLDGFXNOJ&bG`PhODOA`HKJTLC`F=cFhGDGPWhGhGF
hOJchODGPQLHKJ@PQ[PQCeDOJ LXHPWhGPQ5?BJcFfABCML2bWPQNOD]LbWFXCKj`dABN]LRWJcFXC`PjMhOJcb8LHKJMb8L5?BJo;L2?MLNODOJSNGPZH`L2HKA`PHKJkgPQNGPQCEDOJ
_EJchODGPQ5J<>C`PQNORWJTL=SJ
<>=`NOJSC`bQJS?BJcFfHKJ@YZPQ=TLDOJS[\JSDNOJcbGBJcPWHBPbG`PJ`HKA`P_\<whOJTLC`FfLXh]hGFX=SABD]LPQCeDGPPWeABJS[dL=cPQCeDOJ|\eABJSC`HKJ@bQJTLXhGbQABC
FdhGhGPQNO[dLDGFXNGPLNONOJS[PQN K
?gPQNfhOA`FbWFXCeDGFB6LHBPWhGbQNOJS[PQNGP=TLHKJSCML5Jcb8LHBPQJb8L5?BJbWFXCABC ^ RWJcFXC`PPABCML
HBPQC`hOJSD HKJ LdN]LCBdJTLCMLb]`PMLCBC`F=TL hODGPWh]h]LHKJS?gPQC`HBPQCBR,LABCBRWJcFXCML=cP9H`LJ2b8L5?BJ ^JSCe[dLNOJTLCBR,L
NGPQ=TLDOJS[\JchODOJcb8LINOJcbGBJcPWHBPuL=S=cFXN]LK
5
5
K "
hGP P @h]FXC`FV=cPbWFX5?gFXC`PQCeDOJHBPQ=b8L5?gFIP=cPbWF\FXNGHKJSCMLDGPLXhGhGF\bQJTLDGP2LXHABCH`LDGF5PQ[PQCEDGF
C`PQJHKA`Pf_\<q`PW\ K " P K, + +
wFdhGhOJTLFbWFXC`hGJcHBPQN]LNGP=|^dPW wH`L*ABCL=SDONGF?BABCeDGFHKJB[\JchOD]LKbWFXP=|^XJSCE[XLNOJTLCBR,L F2hGJS5PQDONOJTL
HBPQ=S=|^ RWJcFXC`P?gPQNZ=TLDON]LXhFXNOLRW`JcFXC`KPV "b]`PVhGFdhGDOJSDOABJchGbWP bWFXC JSCABC`FhODGPWh] hGFhOJchODGPQLHKJ
NOJkPQNOJSPQCeDGFB
& 0
&
K 6
*JchODGFbWFdh |JS=NOJSC`bQJS?BJcF)HKJYPQ=TLDOJS[EJSD 9PWhO?BNOJSPhGPQ5?B=SJcbWPQPQCEDGP=TL9hOJS5PQDONOJTLHBPQ=S=|^ RWJcFXC`PhGFXDODGF9JS=
dNOAB?B?gFHKJhGJS5PQDONOJTLHBPQ=S=cPfDON]LXhFXNOLRWJcFXCBJ
HKJ FXNGPQCeDOR ?BNGFX?BNOJcPVPWHFXNODGFEbQNGFXC`P,ZP?gFdhGhOJTLFhODOA`HKJTLNGP
=cPbWFXC`hGPQdA`PQCBR8PHKJMeA`PWhGD]LhOJS5PQDONOJTLL=S=cFhODGPWh]hGFDGPQ5?aFfHKJML=SDONGP?aFdh]hOJSiBJS=SJ`hOJS5PQDONOJcPZHBPQ=S= RWJcFXC`Pb]`P
?BABNGP2?BNGPQC`HBFXC`F=TLVFXNOLIPQC`PQN]L=cP K 6 qMbWFXCHKJS[PQNGhGP2NGP8L=SJSRWR,LRWJcFXCBJ
HBPQ=S=TLu=cPQdPHKJ DON]LXhOFXNOLRWJcFXC`P
wPQNwEAMLCeDGFNOJSdAMLNGH`L=cP;bWF\FXNGHKJSCMLDGPddbQJe=SJS5JSDGPQNGPQF2LXHVLddJSABCBPQNGP&=cP pxlqk.~Qm{Xz`mavErqo 8{dxnmSXm}zarverq}S{
l|FXBNO,~QmL{C`psFrqtJS= K# { $ A`PWhODGPuDON]LXhFXNOLRWbGJc`FXPCBJ|IABJS=CBdJSDGNOPAB?BL?g=S=cPuFDOHKN]J6LXhhOJS5FXNONOPQDOLNORWJTJcLFXCBCMJ;LHKDOABJ N] LFX=cPNGPQHBCePQDO=SR5=cF?BhONG?MFX?BLRWNOJcJcP5F|PIDGPQFX5NO?gDGF\FbQNGHBFXPQC`=S=TPdL
YZPQ=TLDOJS[\JSD _E?gxnPW,bQJTLK=c{P vXm {Xm}z@Gdx
YZJcPQCeDON]LC`F5LC`bG`PC`PQ=S=TLFXNOL K 6 =cPDON]LXhFXNOLRWJcFXCBJbG`P*b8LfiBJTLC`FVJ@b8L5?BJaL2C`FXC=cPZbWF\FXNGHKJk
CMLDGPd KbG`P?BNGPQC`HBFXC`F5JS=gC`FXP2HKJ lnm}tItrQpxnm|rm}zMpsrqxqzar BLXHPWhGPQ5?BJcFI=cP*DON]LXhFXNOLRWJcFXCBJHBPQ=S=TLV|LXhGP
HBPQJb8L5?BJbWFX5?B=cPWh]hOJbG`PfbWFXC`hOJcHBPQNGPQNGPQFPWhODGPWhnLPQCeDGPC`PQ= h]PQdABJSDGF
<>CEA`PWhOD]L_\PQRWJcFXC`PbQJ;NGPWhODONOJSCBdJTLFLDON]LXhOFXNOLRWJcFXCBJbG`PL?B?MLNODGPQCBFXC`FL
<>C
EA`PWhODGFVb8LXh]FB\PWhGJchODGFXC`FfDON]LXhOFXNOLRWJcFXCBJgJSCKj`CBJSDGPWhOJSLPQCEDGP2[EJcbQJSC`P2L=S=TLfDON]LXhFXNOLRWJcXFXxqC`,P@JcHBmPQGCE{dDOzMJcb8pL mozM E m FXCJ
?BNGF\HBFXDODOJwHKJwDON]LXhFXNOLRWJcFXCBJwJSCKj`CBJSDGPWhGJSPV?gFdhGhOJTLFN]LddJSABCBPQNGPIDOABDODGPf=cPVDON]LXhFXNOLRWJcFXCBJHBPQ=dNOAB?B?gF
L=SPQC`F?gPQNfEAMLCeDGFNOJSdAMLNGH`L=TLbWFX5?gFXC`PQCeDGPbWFXCBC`PWhGh]LL=S=|^ JcHBPQCBJSDOJSD wFdhGhOJTLFeABJSC`HKJPWhO?B=cFXN]L.
NG P=cPbWFXC`hGPQdA`PQCBR8PHBPQ=S=TL9hOJS5PQDONOJTL9hGFXDODGFABCdNOAB?B?gF9bWFXCeDOJSCeA`F)NGPWhODONOJSCB PQC`HBFEbQJL=S=cPDON]LXhFXNOLRWJcFXCBJ
JSCKj`CBJSDGPWhOJSP
#
] 2. S
4
j
R
FXC`hOJcHBPQNOJTLFeABJSC`HKJ=TLIDON]LXhFXNOLRWJcFXC`P2JSC`HKJS[EJcHKAMLD]LH`L=S=cP2[dLNOJTLRWJcFXCBJ JSCKj`CBJSDGPWhOJSPd
I /,+ 0
K
/,+
!
wPQNhGPQ5?B=SJcbQJSD K LiBiBJTLFFXPWhGhGFC`PQ=S=TL K *PQ[PQCeDOAML=SJJSC`HKJcbQJHBPQ=b8L5?aF gbG`P5hGFXC`FhGFXDODGFXJSCeDGPWhGJ
<>C`HKJcbGBJTLF + ! bWFXP6=TL Xxnm,~Wm{Xzgrp|{dp|XcrverqBGXtK{d wFdhGhOJTLF*HBPWbWFX5?aFXNONGP + ! L=F\HBFZhGPQdA`PQCEDGPd
+ ! ! ! / ! &+ / +
)
LI[dLNOJTLRWJcFXC`P2DGFXD]L=cP =TLIhGFX5L5HBPQ=S=TL .dxnm,~Qm{Xzar6yqEz\~Wm{dz@Xcr + @P2HKJ ABCMLuDON]LXhO=TLRWJcFXC`PfHKJ +
PIDON]LXhOFXNOLRWJcFXCBJHBPQ=&*NOAB?B?aFHKJ6wFXJSC`b8LN PdLLddJcFXNfN]LdJcFXC`Pd =cPuDON]LXhFXNOLRWJcFXCBJ&LXhGhGF\bQJTLDGP
L=S=cPhOJS5PQDONOJcPJSCeDGPQNOC`P=TLXh]bQJTLC`F5JSCe[dLNOJTLCeDGPf=TLI5JchOABN]L 5 w $ A`PWhODGFINOJcb]BJcPWHBPfbG`Pd
5 )5
+ "
<>CIEA`PWhODGPbWFXC`HKJSRWJcFXCBJ|e=|^.JSCE[XLNOJTLCBR,LHBPQ=S=|^ RWJcFXC`PdePW BK " NOJcbGBJcPWHBPZ?BJ 5hGPQ5?B=SJcbWPQPQCeDGPZ=|^XJSCe[dLNOJTLCBR,L
HBPQ=S=TL5HBPQC`hOJSD HKJ LdN]LCBdJTLCMLK
+ ! !
+ / + /
+ M
HBF8[Pd
K
K "
+ /
+
wFdhGhOJTLFuPWhO?BNOJSPQNGP=cP[XLNOJTLRWJcFXCBJaJSCKj` CBJSDGPWhOJSP*HBPQJ@b8L5?BJaPZHBPQ=S=cPZbWF\FXNGHKJSCMLDGP*bWFXPZbWFXfiBJSCMLRWJcFXCBJ
=SJSC`P8LNOJHBPQJ ?MLN]LPQDONOJJSCKj`CBJSDGPWhOJS5Jb]`Pfb8LN]LDODGPQNOJSRWR,LC`F=TL5DON]LXhFXNOLRWJcFXC`Pd
) 0 +
)
+ M
K 6
HBF8[P P hGFXC`F=cPLDONOJcbQJbG`PN]L?B?BNGPWhGPQCeD]LC`FJ;PQC`PQN]LDGFXNOJHBPQ=S=cPDON]LXhFXNOLRWJcFXCBJ&JSCKj`CBJSDGPWhGJSP
hOAB=S=cPbWF\FXNGHKJSCMLDGPPhOABJb8L5?BJ wFXJcbG =TL IHBPQ[PPWhGh]PQNGPhGFEHBHKJchOLDOD]L9?gPQN5[XL=cFXNOJ*LNOiBJSDON]LNOJZHBPQJ
?MLN]LPQDONOJJSCKj`CBJSDGPWhGJS5J|MFXDODGPQCBJTL F5=cPPWEAMLRWJcKFXCB J" HKJbWFXC`h]PQNO[XLRWJcFXC`Pd
/"
K )
G*9 ,4 ,
]5
]R
^`JSCe[dLNOJTLCBR,L5?gPQNDON]LXhO=TLRWJcFXCBJNOJcb]BJcPWHBPd
,
,
K )
[\[PQNGFBBA`h]LC`HBF5=cP K 6 P K q
* , / 8
,
K "
^`JSCe[dLNOJTLCBR,L5?gPQNDON]LXhO=TLRWJcFXCBJNOJcb]BJcPWHBPfHKABC`EA`PbG`P
C`FXCHKJS?gPQC`H`L5PWhO?B=SJcbQJSD]LPQCeDGPuH`L w
2L=S=TL K NOJcb8L8[EJTLF=TLuFXNOLIHBPQ=S=TLI[XLNOJTLRWJcFXC`P}ABCBRWJcFXCML=cPfHBPQJb8L5?BJ|
+ ! "V&
+ /" 8e 0
K "
+ ! 8
LbWFXNONGPQCeDGP9bWFXC`hGPQNO[dLD]LNOJcb8LW[dLD]L)H`L=S=TL K ) 5PH`L=S=TL K " ABC DGPQC`hGFXNGPHKJZN]LCBFHKA`Pb]`P
?BNGPQC`HBP2JS= C`FXPfHKJ psrqzBlQ{dxOr5rqzgrqxdm >mot@\lQ{GXz@{dz`m]{
! 2 0
K " +
!
!
* *
"d
JSCbWFXNONOJchO?gFXC`HBPQCBR,LK =|^aJSCeDGPQdN]L=cPhG?MLRWJTL=cP5HKJ * * u=|^ L5JS=SDGFXCBJTLCMLHBPQ=6hOJchODGPQLKg=|^aJSCeDGPQdN]L=cP?BNOJSF
LXhGhGF\bQJTLD]LL=S=|^MJSC`HKJS?gPQC`HBPQCBR,LH`L=DGPQ5?gFHBPQ=whOJchGDGPQL bQJcF uL=S=|^@JSCe[dLNOJTLCBR,LNOJchO?gPQDODGFLDON]LXhO=TLRWJcFXCBJHBPQ=
DGPQ5?gFB & / 8 * q
5 * *
K " E
5
"
5
^;PQC`PQNOdJTL =TLbWFX5?gFXC`PQCeDGPDGPQ5?aFXN]L=cPHKJABCX|[PQDODGFXNGPd&=cPbQABJZbWFX5?aFXC`PQCEDOJhO?MLRWJTL=SJhGFXC`F=TL
EAMLCe DOJSD HKJFXDGF FdhGhGJTLFHKABC`EA`P2JcHBPQCeDOJkjMb8LNGPd
5 *
K "
bWFXCJS=X|FXPQCEDGFbWFX5?B=cPWhGhGJS[FHBPQ= b8L5?aF
<>=;DGPWFXNGPQLHKJ*F\PQDO`PQNVbQJLXh]hOJcbQABN]Lb]`P=cPbWFX5?aFXC`PQCEDOJHKJ+& hGFXC`FbWFXC`hGPQNO[XLDGP?gPQNVhOJchODGPQ5J&JSCK
HKJS?gPQC`HBPQCeDOJH`L=S=TL?aFdhGJSRWJcFXC`PC`PQ=S=cFhO?MLRWJcF|DGPQ5?gF UNGF8[\JTLFbWFdhOJ| ^w=|^JS5?gFXNOD]LCeDGPNOJchGAB=SD]LDGFhGPWbWFXC`HBF
bQABJ ]{XzBlWrQxn..~Qm{Xzar2vXm
rqzarqxXmrt{XtrqzMp|{VlQ{dz@{IG{XzBl8rX`rqz\~8verq} mozM.XxqmXzK~8BrqxpxXlnS,~Qm{Xz`mlsK,~Wm{
wPQNfABChOJchGDGPQLJchGFX=TLDGFB=|^JSCe[dLNOJTLCBR,L?gPQNDON]LXhO=TLRWJcFXCBJ LXhGhGF\bQJTLD]LL=S=|^ FXFXPQCBJSD HBPQ=S=cF
hOps?MrqtLRWKJc{XFxO|DGXPQm}5 ?gFB6=TLIbWFXC`hGPQNO[dLRWJcFXC`PHBPQ= X|FXPQCEDGF?gPQNEA`PWhODOJ hOJchODGPQ5JgFXNOCBJchGbWP2ABCMLI?BNGF,[XLbWFXC`bQNGPQD]L5HKJ
EA`PWhODGFIJS5?aFXNOD]LCEDGP2|LDODGFIjMhOJcbWF
G*9 ,4 ,
]]
+
+
/,+ @
K7 61+
) !
2 ! 2 / 2 ! 2
/
)
!
/
]G
G*9 ,4 ,
Pqj`CBJTLFEABJSCBJcHKJ|
].
d / / !
K76 )
JS=CeA`F,[FDGPQC`h]FXNGPhOJS5PQDONOJcbWFPbWFXC`h]PQNO[XLDGF L=cbWFX=SJTLF=TLIb8LNOJcb8L5bWFXNONOJchO?gFXC`HBPQCeDGPd
* / !* ! *
5 ; * 5 * /
K
*PQJDGPQNO5JSCBJZbWFXC=cPHBPQNOJS[XLDGPHBFXiBiBJTLFDGPQC`PQNGPhGFX=cFeA`PQ=S=SJZbWFXC ( JDGPQNO5JSCBJ*bWFXC=cPHBPQNOJS[dLDGP
hO?MLRWJTL=SJbWFXNONOJchG?aFXC`HBFXC`FLuDGPQNO5JSCBJHKJhOAB?gPQNjMbQJcPbG`PfhOJLCBCeAB=S=TLC`FL=S=|^BJSCKj`CBJSDGF DODGPQCBJTLFB
!* * / !* * ! ** 5 * K
5 ; * 5 * /
*
H`LD]L*=|^LCeDOJchGJS5PQDONOJTL2HKJ JSC ( % $ ABJSC`HKJBJS=BDGPQC`h]FXNGP ; &ABCh]FdhODOJSDOABDGF?aPQNPQDOD]LPQCeDGP=cPQdJSDODOJSF
HBPQ= DGPQC`hGFXNGPfPQC`PQNOdJTL.|JS5?BAB=chGFb8LC`FXCBJcbWF
CMLZbWFXC`h]PQdA`PQCBR,L*JS5?aFX NOD]LCEDGPHKJKEAMLCeDGF*[EJchGDGFHKJTLCBRWJ ;b]`P?aFdhGhGJTLFbWFdhODONOABJSNGPABCuCeA`F,[FDGPQC`hGFXNGP
HBPQJ FXPQCEDOJiMLXh]LDGFhGA ;
@ ; ! B;
K
+
$ A`PWhODGFCeA`F,[FDGPQC`hGFXNGP VbWFXC`hGPQNO[dLDGFBa?aFXJcb] ; VhOJS5PQDONOJcbWFPfbWFXC`hGPQNO[dLDGFBPVN]L?B?BNGPWhGPQCeD]LABC=cPQdJSD
DOJSFhGFdhODOJSDOABDGFHBPQ=;DGPQC`hGFXNGP5b8LC`FXCBJcbWF FXDOJTLFb]`PdL?B?MLNGPQCEDGPQPQCeDGPd
JS=FXPQCeDGFLCBFX=TLNGP 5FXN]L
PWhGbQ=SA`hOJS[dLPQCeDGP*FXNOiBJSD]L=cPd\=TL?BNGF8[dLVbG`P=TLfhGPQ?MLN]LRWJcFXC`PDON]LFXPQCeDGFIFXNOiBJSD]L=cP*PFXPQCeDGFIHKJMhO?BJSCC`FXC
*jMhOJcb8LPQCEDGPfhOJSdCBJkjMb8LDOJS[dL5JSCABCMLIDGPWFXNOJTL5NGPQ=TLDOJS[EJchODOJcb8L
FXCJS=CEA`F8[FDGPQC`hGFXNGPHBPQJFXPQCEDOJZ?gFdhGhOJTLF)LCML=SJSRWR,LNGP=cPbWFdhOD]LCeDOJZHBPQ=ZFXDGFLXhGhGF\bQJTLDGPL=S=cP
DON]LXhFXNOLRWJcFXCBJHKJ FXNGPQCEDORVhO?gPWbQJTL=SJ UNGF8[\JTLFB
* * @ 5 ; * ! ; ** 98 ,
5
K
d
LbWFdhOD]LCBR,LHKJ PWhG?BNOJSPfhGPQ5?B=SJcbWPQPQCEDGPVJS=LDODGFbG`PVJS=iMLNOJcbWPQCeDONGFHBPQ=S=|^aPQC`PQNOdJTLKM?gPQNABChGJchODGPQL
Jc hGFX=TLDGFB`hGJfA`F8[PVHK J FXDGF5NGPQDODOJS=SJSC`PWF5ABCBJkFXNOPd
5 5 ; ;****
K
E
@ ..55 ;; ** * / 8 ,
;
! "#$%$&(')&('*+'
,.-0/213547698:/21-;1<:=<:=21->=?@6A<CBED>8:/F=G-IHJ=F8:=K354ED>64EDMLHN8:=K354E-MD>/F=POQD0RSLT1BVU:6WOE=KUCU:6XYBY6A<Z1Q[]\^6_8:8:D;13$6
8:/F=K`_-MD>=K<:=_aEDMBb`c=KBY=K<Z1->=_d
e
[M{+|
fhi#g j@kTlQmonKj@k monqp iog rPs2mts!pvuwjIm7n
z
x
y
l
_
=
(
H
E
L
T
B
}
1
F
/
_
6
C
8
Z
U
1
V
B
:
U
=
Q
O
D
Q
O
M
D
$
3
K
=
Y
B
C
8
>
D
A
6
Y
B
!
=
~
z
T
!
"$#%&$
==FRVLT1FD>6ABEDOQD^135DM-MU:6ABb8Z6ABY6Ed
kc.m f s ( '
xzy *[ )c|
kc f pjzrPs+m k7k7u m p,.+ - + m7n
8:6_8CUCDMUCLY=KBYOE6]-;1}4E<CDM31!BY=K-M-;1!8Z=F/F6ABYOY1!<CDMUC<:62D;13$6EaBT1UCLE<Z1-M3$=KBSU:=_a*-IH0=FRSLT1FD>6ABY=W<:=K-;1UCDMD>8CUCD>/213$=KBVU:=
DMBV_1<CD;1BVU:= xzy [c|[
/02131547698:0 [ 1 [M{+|<Z14E4E<:=F8:=KBSUZ1b-;1P?@6A<C31P4EDMLH`c=KBY=K<Z1->=OQD(-;1`_<Z1BE`_D;1BT1DMBSA1<CD;1BSU:==wRSLT1%
QO <Z1UCD>/21BY=K-M->=OE=K<CDMA1U:=_[xzy ;SD476AUC<:=KEo=G1`_`_DMLEBE`c=K<:=LEBU:=K<C35DMBY=-MDMBY=21<:=DMB m [=< BY/:Y=DMB}4E<:=F8:=KBE+1OQD
LEBU:=K<C35DMBY=OQD7RSLY=F8CU:6 UCDM4o6EaSDM-o4o6AU:=KBEFD;1->= uwjImon BY=K-M-IHQ135DM-MU:6ABED;1BT1OE=Kc=*12c=K<:=LEB35DMBEDM3$6$1A8Z8:6A-MLEU:6E[
\6_8:8CD;13$69RSLEDMBYOQD=K-MDM35DMBT1<:=bDM-0U:=K<C35DMBY=P-MDMBY=21<:=P/F6AB]LEB]/213ED;13$=KBSU:6}OQDA1<CD;1EDM->=_d m f mpm a
k-MDMBYl =2m 1 <:f =_[ k l m OE62c= m =_HoDM-J4ELEBVU:6POQDJ35DMBEDM3$6E[ 6G8CDM-MLE4E476GOQ?D >}DMB m BY6ABW/F6ABVUCD>=KBY=4EDMLHoDM-JU:=K<C35DMBY=
@BADCAEC
FHGIKJMLONKGPMQSRTQUPVQ(WYXIKQ[ZMQUIKI]\_^`aJMXLONKGPMQbZVN cSIKQUNKPdfe.GgWYZMGP
DM4E<:=KBYOQD;13$6$-IHE=FRSLT1FD>6ABY=OQDh->=KDMBQji6A<:OE6AB x hji*|d
j }r s nCm f
/:Y=c6A`_-MD;13$6$<CD>8:6A-Mc=K<:=*/F6A
B k:At_MF AT7 lY@2Am konQ 1Do76A<:OQDOQDLEBG`_<Z1BYOE=c6A-MLE3$=/KLEED>/F658C4T1FD;1->=OQD
8C4EDM`c6A->q6 p d
m^j 9 rtsur r n f mj p rtsur r n r
158Z6A-MLEFD>6ABY=`c=KBY=K<CD>/215T1 -;1 ?@6A<C31OQDLEBH 6ABYOY14ED;1BT1Qd
f v x wzyE{}| { '~ l f j ~ r ~ + n
m 3
OE62c= ~ + =_HQDM-c=KUCU:6A<:=BSLE3$=K<:6OH 6ABYOY1Q[ 1$/F6ABYOQDMFD>6ABY=OQD4o=K<CD>6SOQD>/KDMUZ1QHYDM354E-MD>/21Qd
i
~ p f i r ~ + f p j r s r n
xzy [ _|
OE62c=* w 8:6ABY6$DMBVU:=K<CD<:=K-;1UCDMD^1<CEDMUC<Z1<CDI[ H =FRVLT1FD>6ABY=OQD h->=KDMBQj i6A<:OE6ABa718:LT1 c6A-MUZ1QaE<CD>/:ED>=FOE=_d
~ ~ l pr s f
l
OY15/KLEDOE=FOQLY/KD;13$6->=*OQLY=8:6A-MLEFD>6ABEDId
~
f '
f jzrn s j ~ + n s
xzy *[ c|
D hj ih=_HqLEBT18:62<Z14E4o6_8CDMFD>6ABY=POE=K-M->=G6ABYOE=4ED;1BY=b14E4o=KBT1
18:6A-MLEFD>6ABY=P`c=KBY=K<Z1->=POE=K-M-IHJ=FRVLT1FD>6ABY=bOQ
UC<:62_1U:=_[\=K<*6A`_BED ~ + 1EED;13$6GOQLY= 6ABYOE=4ED;1BY=_a1? <:=FRVLY=KBE+14o6_8CDMUCDMA1Qa x w a7=? <:=FRVLY=KBE+1BY=K`V1UCDM_1Qa
] w
[ ;/K<CDMD;13$6Ed
x w y |} ~ w y |}
~
~
f
+
mj n
j n j n
j+n
xzy *[ c|
1g0
4 4 4
[M{c|
f V v j n j ~ + n { j ~ + { n y | f
mj n
z
x
y
f v j n ~ j ~ + n x wzy { | j ~ + n wzy { |
OE62c=_atOY16A<Z1DMBG4o6ADIaE476A<C<:=K3$6 ~ l f j r ~ + n [
1w8:6A-MLEFD>6ABY=`c=KBY=K<Z1->= [M{ c| 4E<:6OQLY/F=LEB/2135476wDMBb`c=KBY=K<Z1->= /F6A354E->=F8:8:6E[ \^=K<LEB/2135476w<:=21->=_a
OE6AEED;13$6w12c=K<:= j ~ + n f j ~ + xzy n =UC<:6+SD;13$6Ed
f V v j n ~ j ~ + n x wzy { | { j ~ + n w y { | {
m^j n
xzy [M{_{+|
1 m OY1UZ1$OY1-M-;1 xzy [M{_{+| =_HT<:=21->==OQDM47=KBYOE=OY1$OQLY=? LEBEFD>6ABED<:=21-MD^OQD ~ + aT-;14T1<CU:=<:=21->==*-;1$4T1<CU:=
DM3531`_DMBT1<CD;1$OQD j ~ + n [ LY=F8CU:65/F6A<C<CD>8:476ABYOE=1-o?I1UCU:65/:Y=*47=K< OE=KU:=K<C35DMBT1<:=/F6A354E->=KUZ13$=KBSU:= m 6/F/F6A<C<:=
OY1<:=*OQLY=*/F6A354E->=F8Z8CDOQDOY1UCDDMBEDMFD;1-MDIdJDA1->6A<CDOQD mj 9 r n =*OQD kV.m^j O r n [
\=K<$/F6ABY/K-MLYOE=K<:=GRVLY=F8:UZ=1 ;=KFD>6ABY=_aN476_8:8:D;13$6OY1+ <:==F8C4E-MD>/KDMUZ13$=K+ BSU:=-;1b<:=K-;1FD>6ABY=UC<Z1 j ~ + n =DOY1UCD
DMBEDMFD;1-MDI[ 6ABY8:D>OE=K<CD;13$6DM-8CD>8CU:=K31wOQD? LEBEFD>6ABE"D ! y j n a78:6A-MLEFD>6ABEDOE=K-M->=_H7RSLT1FD>6ABY=OQ(D hj i 15?z<:=FRSLY=KBE+1
4o6_8CDMUCDMA1Qd
! 3
x wzyE{]| {
xzy [M{2c|
y j n f v
#8Z1BYOE69->=/F6ABYOQDMFD>6ABED*OQD6A<CU:6ABY6A<C31-MDMUZ1QH0OE=K-M->=?zLEBEFD>6ABED=F8C4o6ABY=KBEFD;1-MDIa 476_8:8:D;13$6/21->/F6A-;1<:=->=OQLY=
4E<:6AD>=KFD>6ABED x <CD>/F6A<:OQD;13$6w/:Y= j ~ + n f jp ~ + n |d
$ &
f %(' ~ j@kV ! y j 9 + r nCn m^j 9 + r n *)
f + j ~ + n v s u ~ j ~ + n jp ~ + n '
, &
f %-' ~ j ! y j 9 + r nCn kV.m^j O + r n *) f p + j ~ + n v su ~ j ~ + nJp jp ~ + n '
OY15/KLED4o6_8:8CD;13$6<CD>/212A1<:= j ~ + n [ ;=8:/F=K`_-MD;13$6 vf j i j ~ + nCun / . s aE8CDUC<:62_1Qd
j ~+ n
f + j, p $ n
f + % ' 0~ ! y - j@kc.monqp]j@kV ! y n - m *)
[M{2c|
f i g ~ j ~ + n x w y { | { j ~ + n w y { | {
mj n
z
x
y
u
12
1g0&34 5 464 6"7 " 0 3 026 0918 49
:
0 HT=F8CU:=KBY8CD>6ABY= 1-^/21A8:6OQDLEB/21354o6/F6A354E->=F8Z8:6Q=
DM353$=FOQD;1UZ1Q[ 1-;1`_<Z1BE`_D;1BT1$8CD8Ze /K<CDMc=_d
[M{ y |
f j@k l monKj@k m nqpr s m s pvuwjIm n
z
x
y
/:Y=/F6ABYOQLY/F=OQDBVLY6+c6w1-M-IHY=FRSLT1FD>6ABY=*OQ2D h->=KDMl BQj i6A<:OE6AB xzy [c|4o=K< m = m [
15-;1`_<Z1BE`_D;1BT1 xzy [M{ y |=F8CDMED>8Z/F=LEBT158CDM353$=KUC<CD;14o=K<0/213ED;13$=KBSUCDOQDo?I1A8:=/F6_8CUZ1BSU:=_aTRSLY=F8CUZ1 c6A-MUZ1
LEBT158CDM353$=KUC<CD;15DMBVU:=K<CBT1Qd
mj n w<; m^j n ' mj n x w<; mj n
xzy [M{2c|
,.BGU:=K<C35DMBED^OE=K-M-;14T1<CU:=*<:=21->=*=FODM3531`_DMBT1<CD;1OQD m d
+
m f m i m s
!
"$#%&$
0 471
#8Z1BYOE6-IHY=FRSLT1FD>6ABY=*OQD2hjiaEOQDM3$6_8:UC<Z1U:=/:Y=_d
% ' ~0! y -
@j kV.monqp]j@kV ! y n - m
=_HDMBYOQDM4o=KBYOE=KBVU:=WOY1-U:=K354o6Ed->=W1354ED>=KF2=WOQD6_8:/KDM-M-;1FD>6ABY=WOQD*/KD;1A8:/KLEB3$6OE6BY6A<C31->=WOE=K-*/21354o6
/F6_8CUCDMUCLED>8:/F6ABY6$LEBPDMBY8CD>=K3$=*OQDDMBQXYBEDMU:=/F6_8CUZ1BVUCDOE=K-3$6AU:6E[
4 1 4m8:4834 02698 4 6 0 HoDMBY/K-MLY8CD>6ABY=$OE=K-N8CD>8:U:=K31DMBWLEBW/KLE76bOQD#8C4EDM`c6A->$
6 p =_HoLEB91<CUCD XT/KD>6b31%
U:=K<C31UCD>/F65/:Y=8:=K<Cc=1AOG1Fc=K<:=LEBY68C4o=KUCUC<:6OQD>8:/K<:=KU:6OQD78:6A-MLEFD>6ABY=4o=K<-IH=FRSLT1FD>6ABY=OQD hj i[ < -M-;1XYBY=_a
6/F/F6A<C<:=*DMBb`c=KBY=K<:=4T1A8:8Z1<:= 1--MDM35DMU:B= p [ 1$8:6A35318CLEDc=KUCU:6A<CDDMBVU:=K<CDIatDMBbRSLY=F8CU:6$-MDM35DMU:=_atU:=KBYOE=
1AOwLEBwDMBSU:=K`_<Z1->=8CLE-M-;1*OE=KBY8CDMUZ1QHQOE=K`_-MDo6_8:/KDM-M-;1U:6A<CDIaEOQDo/KLED7OQD;13$6-;1?@6A<C31=F8C4E-MD>/KDMUZ1Q[#1-M-;1 xzy [ _|N8CD7c=FOE=
/:Y=*-IHEDMBVU:=K<C_1-M->6 /F6A<C<CD>8C4o6ABYOE=
1 ~ aY=KU:/_[M[ LEDMBYOQDId
s
~ ~ ~
' ~ SS
s
S
SS u %
f
%
u ji n
ji n
@BADCA
ZMQUI9X!#"G%$&OXIKXgWYQ
6ABY8CD>OE=K<CD;13$6Ea#1AOE=F8Z8:6Ea->=8:6A-MLEFD>6ABED(OE=K-M-IH^=FRVLT1FD>6ABY=wOE=K-N3$6AU:6bOE=K-(/2135476b<:=21->=$DMBW4E<:=F8:=KBE+1bOQD
LEBT158:6A<C`c=KBSU:=1A8:8:=K`_BT1UZ1Qa(' *x ) | d
jp p,+ s nCmj n f ' j n
xzy [M{}c|
HY=FRSLT1FD>6ABY=*6A3$6A`c=KBY=21w1A8:8:6/KD;1UZ1=_HE-IHE=FRVLT1FD>6ABY=OQD2h->=KDMBQji6A<:OE6ABa xzy [c|[
=8:6A-MLEFD>6ABEDOE=K-M-;1 xzy [M}{ c|8CD6AUCU:=KBE`c6ABY6 194T1<CUCDM<:=OY1-M-;1SF _7Aw:: OE=K-4E<:6AE->=K31Qa -;1
8:6A-MLEFD>6ABY=OE=K-M-IHY=FRVLT1FD>6ABY=<:=K-;1UCDMA11AOGLEBT1$8:6A<C`c=KBSU:=*4ELEBSUCD ? 6A<C3$=OE=F8:/K<CDMUCUZ1$OY1LEBT1?zLEBEFD>6ABY=OE=K-MUZ15OQD
DM<Z1A/->6/21-MDMF+1UZ1BY=K-M-IHY6A<CDM`_DMBY=OE=K-M->68C4T1FD>6IU:=K35476Ed
f / 21E j n
jp p-+ s n.5j n 0
xzy [M}{ c|
1UZ1-;1 ? LEBEFD>6ABY=*OQ9D i<:=F=KBaY-;18:6A-MLEFD>6ABY=OE=K-M-;1 xzy [M}{ c| =_HE8:=K354E-MD>/F=K3$=KBVU:=_d
mj n f % ' 1 .5j p n ' j n
xzy [ c|
/F6A3$=*8CDc=K<CD XT/21?@1A/KDM-M3$=KBSU:=_[
1g0
4 4 4
n f ~ s pg + s '
n f .$j ~ n - ' j ~ n
xzy [_c|
# BT18:6A-MLEFD>6ABY=*4T1<CUCD>/F6A-;1<:=OE=K-M-;1 [M{}c|8CDUC<:6+A1 ?@6A<C31-M3$=KBVU:=OY1-M-;1 [_c|d
xzy
xzy
mj n f %(' 1 ~ x w y! |] ~ s p g + s - ' j ~ n
xzy [ y |
\=K<#OY1<:=LEB8:DM`_BED XT/21U:6 4E<:=F/KD>8Z61-M-;1 xzy [ y |OE6AEED;13$6U:=KBY=K<:=/F6ABVU:6OE=K-?I1UCU:6 /ZY=DM-OE=KBY6A35DMBT1U:6A<:=
BY=K-M-IH_DMBSU:=K`_<Z1->==_H_8CDMBE`c6A-;1<:= BY=KDT4ELEBVUCDT/ZY=0/F6A<C<CD>8C4o6ABYOE6ABY6AB1-M-;14E<:6A4T1`V1FD>6ABY=OE=K-M->=6ABYOE= -MDM7=K<:=_a xzy [*c|[
\=K<?I1<:=$RSLY=F8CU:6Eaq=_H/F6ABVc=KBED>=KBSU:=476A<:8CDNBY=KU- lt@At% k:A lt>KVzMbA@ z> ~Q [ =8CDMBE`c6A-;1<CDMUZ1QHOQD
|08:D^UC<:6+A1BY68CLE-M-IHo1A8:8:=<:=21->=_a747=K<
a7=FO6A`_BEDq4T1<CUCD>/F6A-;1<:=8:6A-MLEFD>6ABY=8CDUC<:62_11A8Z8:=K`_BT1BYOE6
.LE5Bbx /213535DMBY65BY=K-4ED;1BY6$/F6A354E->=F8:8:654o=K< ~ -IHEf =F8:=F /KLEFD>6ABY=OE=K-M-IHEDMBVU:=K`_<Z1->=DMB
~ [
\=K< =F8:8Z=K<:=OE=XYBEDMUCD/F6ABY8CD>OE=K<CD;13$6$-IHYDMBVU:=K`_<Z1->=_d
j n f % ' 1 ~ ~ s p p g + s j ~ n x w yD|]
xzy [_c|
/F6AB x |LEBT1w? LEBEFD>6ABY=$OY1UZ1Qaq1BT1-MDMUCD>/21DMB ~ = }LEBW/213535DMBY61A8Z8:=K`_BT1U:6GBY=K-J4ED;1BY6P/F6A354E->=F8:8Z6POQD
~Q [J6AEED;13$65OQD>8CUCDMBE`_LY=K<:=8:=K4T1<Z1UC3$=KBSU:=*-IHDMBVU:=K`_<Z1FD>6ABY=8CLED/213535DMBED/:EDMLY8CD=8CLED/213535DMBED^14o=K<CUCDI[
[ LY=F8CUCDDMBSU:=K`_<Z1-MD^OY1BEBY68Z6A-MLEFD>6ABEDOE=K-M-IHY=FRSLT1FD>6ABY=6A3$6A`c=KBY=21Q[N,.BQ?I1UCUCDIaT14E4E-MD
/21BYOE65-IHY6A4o=K<Z1U:6A<:=*OQ2D h->=KDMBQj i6A<:OE6ABat8CD6AUCUCD>=KBY=*LEBG?@1UCU:6A<:= ~ s p + s 1-BVLE3$=K<Z1U:6A<:= OE=K-M-IH DMBVU:=K`_<Z1BYOE6Ea
/:Y==K-MDM35DMBT1DM-Y4o6A->6 S1RSLY=F8CU:64ELEBSU:6*4o6_8:8CD;13$6<CD>OQLE<C<:= 12=K<:6DM-Y/213535DMBY6OQDYDMBSU:=K`_<Z1FD>6ABY=_aQ6AUCU:=KBY=KBYOE6
RSLEDMBYOQDId
j + s n j n f
#8Z1BYOE6 DM-VU:=F6A<:=K31OE=KDV<:=F8CD>OQLEDIa_8:DVc=FOE=N?@1A/KDM-M3$=KBSU:=(/ZY=(-IH+DMBVU:=K`_<Z1->==_H%LE`_LT1->=102=K<:6Ea_8:=#DM-/213535DMBY6
BY6AB!DMBY/K-MLYOE=P1->/KLEBT1OE=K-M->=GOQLY=8CDMBE`c6A-;1<CDMU Qa62c=K<:6W=_HLEBT1/F6A3EDMBT1FD>6ABY=OE=K-M->=GOQLY=G8:6A-MLEFD>6ABED0OE=K-M-IH
6A3$6A`c=KBY=21QaY<Z14E4E<:=F8Z=KBVUZ1U:=OY1D<:=F8CD>OQLEDOE=K`_-MDDMBSU:=K`_<Z1-MDDMBVU:6A<CBY61/KD;1A8:/KLEBY=*8CDMBE`c6A-;1<CDMU Q[
.5j ~
mj ~
"!#$#%&
('
*)
*)
!
"$#%&$
+
+ z j n f i g 1 % ' 1 ~ xwy! |] ~
f
j n
p
+ s
s
xw y] |] '
f i g 1 %(' ~ % ' ~ ~ + ~
j n
j p nKj n
~
'
'~
[: )c|
+ z j n f i g % i x w y |} f i g % i x wy! |]
z
x
y
j n
j n
< BT1->6A`V13$=KBVU:=_aVDMBYOQD>/:ED;13$6/F6A
B *DM-/213535DMBY6/ZY=N`_DM<Z1DMBc=K<:8Z66A<Z1<CD>6DMBVU:6A<CBY61-M-;18:DMBE`c6A-;1<CDMUZ1QH
DMB ~ f p j ~ n =OE=XYBED;13$6Ed
+ '
+ u j n f i g 1 %
' 1 ~ x wy! |] ~
j n
s p,+ s
~ x w;f y |}
'
+
j n f j ip gn % i f
~ w y |
'
[ _|
p
f i g % i f i p g % ' i ~ wy! |]
z
x
y
j n
j n
J
[
J
>
D
E
O
K
=
S
B
:
U
K
=
$
3
K
=
V
B
:
U
_
=
a
xzy
xzy
l j ~ n r ~+
;u f f
j n p
jp n p ~ j n
xzy [: c|
,.B5/F6ABY/K-MLY8CD>6ABY=_ac-IHADMBSU:=K`_<Z1->= [_c|8CLLEB$/213535DMBY6*/:EDMLY8Z6Ea a_OY1QHALEBT18:6A-MLEFD>6ABY= OE=K-M-IH_=FRSLT1FD>6ABY=
6A3$6A`c=KBY=21QaT/F6A3EDMBT1FD>6ABY=-MDMBY=21<:xz=y OE=KD<:=F8CD>OQLEDBY=KDOQLY=4o6A-MDId
'~
'~
m j n f j i g n % i j ~ n j ~ + n x wy! |] j i p g n % i j ~ n jp ~ + n wy! |] f
f %
&
j p n j n %
j p n j n
xzy [:c|
OE62c=P1EED;13$64o6_8CU:6 j ~ + n f j j ~ n r ~ + n =w9=FO!!8:6ABY6OQLY=w?zLEBEFD>6ABED DMBYOQDM4o=KBYOE=KBVUCDI[ 1 xzy [:c| /KD
OY1QHcLEBT1<Z14E4E<:=F8:=KBSUZ1FD>6ABY=OE=K-M-;1*8: 6A-MLEFD>6ABY= `c=KBY=K<Z1->=OE=K-M-;1*=FRSLT1FD>6ABY= 6A3$6A`c=KBY=21 /:Y= <CDM4E<:6OQLY/F= RSLY=K-M-;1
OY1UZ1DMBw4E<:=F/F=FOE=KBE+1QaBY=K-M-;1 xzy [M{2c|aBY=K-T/21A8:6/F6A354E->=F8:8:6 x DMB/KLED j ~ + n = jp ~ + n 8:6ABY6DMBYOQDM47=KBYOE=KBSUCD |#=BY=K-MDM35DMU:=*/F6ABSUCDMBVLY6EatDMBP/KLEDId
j ~+ n
f i j ~ nCu j ~ + n
xzy [ c|
x/FOY6ABQ1XYBY`_6ALEUZ<Z11<:2=(6A/ZDMYBE=(D#BYOE=K=K--q-M/2DM35135DMU:47=6/F6ADMBBVUC/KDMBVLELYD^6E-IaH7u =KBY=K<C`_D;1waU:->6A=(UZ1 ->j = ~ + n OEOE=K-q=Kc/26A1BY356 4oU:6E=KatBY4EOEDM=KLE<:UC= U:6_1 8:2U:=K6<:6/ZY/F= 6A3$-;1= OEg =K BY 8CDMu U w8:OQ=NDqc=K6ABY`_-M=KD;<C1`_3$D;1Q6 a
8CD;1XYBEDMUZ1c|[
[ LY=F8:UCDo/213535DMBEDOY1BEBY6EaQDMB`c=KBY=K<:=_aQLEBT18Z6A-MLEFD>6ABY=OE=K-M-IHQ=FRSLT1FD>6ABY=DMBY6A3$6A`c=
BY=21Q[qLY=0/213535DMBEDtOQDMc=K<:8CD7OY1BEBY6->6*8CU:=F8Z8:6<CD>8CLE-MUZ1U:68Z=476_8:8:D;13$6*OE=? 6A<C31<C-MDT-IH_LEBY6BY=K-M-IHS1-MUC<:68:=KBE+1
DMBY/F6ABVUC<Z1<:=bD4ELEBVUCDOQD08CDMBE`c6A-;1<CDMUZ1QHNOQD . a(1-MUC<CDM3$=KBSUCDOQD o=K<CD>8Z/F6ABY647=K<5/F6A3EDMBT1FD>6ABED OE=K`_-MD0DMBSU:=K`_<Z1-MD
DMBVU:6A<CBY61D4ELEBVUCD8CDMBE`c6A-;1<CDIaY/KD>6=_HE47=K<08Z6A-MLEFD>6ABEDOE=K-M-IHY=FRSLT1FD>6ABY=*6A3$6A`c=KBY=21Q[
*)
#
&
1g0
4 4 4
<Z1P->=8:6A-MLEFD>6ABED4T1<CUCD>/F6A-;1<CDOE=K-M-IH=FRSLT1FD>6ABED6A3$6A`c=KBY=21QaJ8:6ABY6LEUCDM-MD(OY1bBY6AUZ1<:=RVLY=K-M->=w/:Y=/F6A<C<CD
8C4o6ABYOE6ABY6P1-M-;1? LEBEFD>6ABY=5OQD?i<:=F=KB! IACc_I56P1-M-;1?zLEBEFD>6ABY=5OQD?i<:=F=KB]_%A+_I56P1-M-;1? LEBEFD>6ABY=5OQD
Y= BE31B[
/F6A<C<CD>8C4o6ABYOE=1-M-;1/F6ABYOQDMFD>6ABY=/:Y=8CD;1 47=K<
a
1NK@A7AqC:KwzI_ccI_a
/KD>6S=_Ht/:Y=-;1<CD>8C4o6_8CUZ1$8:D;1$OQDMc=K<:8Z1.OY 15 2=K<:68Z6A->6cDlE-IHt1A/F/F=KBY8CD>6ABY=OE=K-M-;1w8:6A.5<C`cj =KBSn U:f
=BY=K-M-IHt6A<CDM`_DMBY=
OE=K-M->=/F6S6A<:OQDMBT1U:= x /F6ABYOQDMFD>6ABY=9OQD*/21LY8Z1-MDM
U c|[ ,.BRVLY=F8:U:6}/21A8Z6EaDM-/213535DMBY6 OQDDMBVU:=K`_<Z1FD>6ABY=
OE=Kc==F8Z8:=K<:=PUCLEUCU:6}1-A*KDltCVzMb cAMA _[ \6ABED;13$6 ~Q f ~Q + =b8:/K<CDMD;13$6
=F8C4E-MD>/KDMUZ13$=KBVU:=-IHE=F8C4o6ABY=KBEFD;1->=BY=K-M-;1 xzy [_c|d
x wy! |] f ;x w y
\^=K<
OE=Kc6G/ZEDMLYOE=K<:=5DM-#/213535DMBY6POQDJDMBVU:=K`_<Z1FD>6ABY=BY=K-M-;14T1<CU:=58CLE4o=K<CD>6A<:=5OE=K-J4ED;1BY6P/F6A3
4E->=F8:8:6 x |[q\=K<(6AUCU:=KBY=K<:= LEB$<CD>8:LE-MUZ1U:6BVLE-M->6EaVDM-T/213535DMBY6*/:EDMLY8Z6*DMB$RSLY=F8CU:63$6SOE6*BY6ABOE=Kc=
/F6ABVU:=KBY=K<:= ->= 8CDMBE`c6A-;1<CDMU Qa/:Y= OE=Kc6ABY6RVLEDMBYOQDq=F8:8:=K<:= 1-OQD>8:6AUCU:6OE=K-q/213535DMBY6OQDDMBVU:=K`_<Z1FD>6ABY=_[
<-/F6ABSUC<Z1<CD>6EatRSLT1BYOE6$4o6ABE`c6
=*/:EDMLYOE6DM-/213535DMBY6OQDDMBSU:=K`_<Z1FD>6ABY=BY=K-^8:=K35DM4ED;1BY6$DMBQ?@=
<CD>6A<:=_aEDM-/213535DMBY65DMBY/K-MLYOE=->=OQ LY]=8C DMBE`c6A-;1<CDMU QaT`_DM<Z1BYOE6DMBVU:6A<CBY6DMBP8:=KBY8:66A<Z1<CD>6E[#,.-<CD>8CLE-MUZ1U:65=_H
OQLEBYRVLY=_d
[Q{+|
+ Zj n f i g 1 %"!
'1~ ~ +
f & j n ~ + z j n + u j n
'
z
x
y
?
#
y
%$
j n
sp +s
8CD;1BSLE-M-;14o=K< 4o6A<CUZ11-M-;10K@A7_(::AA2cI_d
1*/F6ABYOQDMFD>6ABY=8CDM353$=KUC<CD>/21QaQ/:Y=
.
[_c|
+ )(%* + j n f i g 1 % !
' 1 ~ ~ p g f p & jp n ~ + z j n + u j n
z
x
y
j n #y
, s p + s
lto lQ c+F _75A. -^0 /AY$Aw8:D^6AUCUCD>=KBY=OY1-M-;1w/F6ABYOQDMFD>6ABY= /:Y= =F8:8Z15/F6ADMBY/KD>OY1w/F6AB
1K@A7 A
D *x ) | 4o=K< 1 =5/F6ABID ;u *x ) | 4o=K< 2
[ LY=F8CUZ1G/F6ABYOQDMFD>6ABY=D>OE=KBVUCD XT/21GLEB/213535DMBY6
OQD^DMBSU:=K`_<Z1FD>6ABY=_a 354a7/ZY= 4E<:62c=KBY=KBYOE6GOY1-M-IHo1A8:8:=*<:=21->= BY=K`V1UCDMc6OQD ~ 4T1A8:8Z1AJA#F_@I OE=K-M-;1
8CDMBE`c6A-;1<CDMUZ1QHDMB ~Q
] a=AA^KD ltCOQDRVLY=K-M-;1DMB ~Q ] [J,BRVLY=F8CU:63$6OE6EaS4o=K< 5 aQRSLT1BYOE6
OE=Kc6P/:EDMLYOE=K<:=BY=K-N8:=K35DM4ED;1BY6GDMBQ?@=K<CD>6A<:=_a^DM-#/213535DMBY6P`_DM<Z1DMBSU:6A<CBY61-J4ELEBVU:6 ~ f DMB8:=KBY8:6
6A<Z1<CD>6=FO6AUCU:=KBE`c6D z *x ) |a73$=KBSUC<:=4o=K< 6
/:EDMLYOE6DM-q/213535DMBY6wBY=K-q8:=K35DM4ED;1BY6 8CLE4o=K<CD>6A<:=_a
`_DM<Z1BYOE6DMB8:=KBY8:6 1BVUCD>6A<Z1<CD>6 DMBVU:6A<CBY651-M-;1*8:DMBE`c6A-;1<CDMU *DMB ~Q
[ 68:U:=F8:8:6*<CD>8:LE-MUZ1U:68CDt6AUCUCD>=KBY=_a
=KSD>OE=KBSU:=K3$=KBVU:=_aDMBSU:=K`_<Z1BYOE68CLE-M-IH71A8Z8:=*<:=21->=_aoOE6A4o6w1Fc=K<8C4o6_8CUZ1U:6D4o6A-MD^BY=K-^4ED;1BY6/F6A354E->=F8Z8:6Ea
OQDLEBT1`_<Z1BYOE=KF+15DMBQXYBEDMU:=F8:DM381 7 ] aT1-3$6SOE68:=K`_LY=KBVU:=_d
~ f p j~ n ~ f p +7 '
~ f j~ n ~ f p +7
,B?@6A<C3LE->=_aT6AUCU:=KBED;13$6$-;15OE=XYBEDMFD>6ABY=8:=K`_LY=KBVU:=_d
'1~
+ x wy! |]
+9 4 j n f&%;: i 1 ~
f
< j
n
p
+
s s
'1~
+
'1~
+
x wy! |] &
x wy! |] f
f % i 1 ~
&
f
%
7+
7
7
i
1
~
~
+
+
j n j p nKj p n
j n sp +s
f & j n + j nqp & jp n + ;u j %n =
'
xzy [_c|
*)
*)
*)
!
=? LEBEFD>6ABED*OQD4E<:6A4T1`V1FD>6ABY=
c=FOQD[
"$#%&$
W
+ ''
! "#$5&('
DM4E<:=KBYOQD;13$6$-;1 1`_<Z1BE`_D;1BT1w/K-;1A8:e 8CD>/21OE=K-/21354o6$8:/21-;1<:=/F6A354E->=F8:8:6Ed
[ y |
f k mCk l mp mZm
z
x
y
l
/:Y=*<CDM4E<:6SOQLY/F=-IHT=FRVLT1FD>6ABY=*OQD9h->=KDMBGji6A<:OE6AB x hai*|d
j@k l kTlrPsFnCm f
[ | DMBV_1<CD;1BVU:=4o=K<(UC<Z1A8C-;1FD>6ABEDoBY=K-M->6 8C4T1FD>6IU:=K354o6 = 4o=K<(UC<Z1A8?@6A<C31FD>6ABEDOQD
1 1`_<Z1BE`_D;1BT1
6 A<:=KBSUCcaT8:6AUCU:6$/KLED m xz8:y DUC<Zy 1A8? 6A<C31$/F6A3$=LEBY658:/21-;1<:=_d
m j >n f mj n
xzy [_c|
1 1`_<Z1BE`_D;1BT1_aEDMBY6A-MUC<:=_aEDMBSA1<CD;1BSU:=8Z6AUCU:6->=UC<Z1A8?@6A<C31FD>6ABEDOQD?I1A8:=_d
m j n f w<; mj n ' m j n f x w ; m
xzy [:)c|
/F6AB /F6_8CUZ1BVU:=_[
1- ^=F6A<:=K31$OQD 6S=KUCY=K<8Z=K`_LY6ABY6Ed
BY6ABP/_H =_HEe 4T1<CU:=*OQD8:4EDMBt|d
DM-U:=KBY8:6A<:=*=KBY=K<C`_D;1%IDM354ELE->8:6 8CDM353$=KUC<CD>/F6EaE4o6AD>/:
x
& l f kTlQm !
k _mp l
xzy [_|
"
DM-U:=KBY8:6A<:=*OE=KD3$6A3$=KBSUCDId
l ;$# f ; & l # p # & l ;
xzy [: c|
[: )c| x DM-o?I1UCU:6A<:= = DMBY8:=K<CDMU:654o=K< LEBT1 BY6A<C31%
-;1/F6A<C<:=KBVU:=/F6ABY8:=K<CA1UZ1/F6A<C<CD>8:476ABYOE=KBSU:=1-M->=
z
x
y
g $%
-MDMF+1FD>6ABY=/F6ABSc=KBED>=KBVU:= OE=K-M-;15/21<CD>/21c|d
+
l j n f ~ m j@k l monqp]j@k l m nCm
%
1-M-;1 xzy [ y |8:DUC<:62_1BY6$DM353$e =FOQD;1UZ13$=KBVU:=D3$6A3$=KBVUCDq/F6ABEDMLE`V1UCD=-IHE135DM-MU:6ABED;1BT1Qd
f k f k m 'N f k m
k7kV.m
f m -+ m m m '& f&%(')+*
, f&%(' ' r f + %(' 0/
j.- n
m j@k monqp]j@k m nCm21
'
xzy [:c|
xzy [ y c|
1$RVLT1BSUCDMF+1FD>6ABY=/21BY6ABED>/214E<:=Kc=FOE=/:Y=->=_1<CD;1EDM-MD^/F6ABEDMLE`V1U:=8:6SOEOQD>8CXYBY65<:=K`c6A->=*OQD/F6A353LEUZ1%
FD>6ABY=1BT1->6A`_Y= 1RVLY=K-M->=*OE=K-M-;1 =F/F/21BED>/21 LT1BSUCD>8CUCD>/215BY6ABQI<:=K-;1UCDMD>8CUCD>/21Qd
~ r f ~ w r f
~ wr
f + % / w
xzy [ y {+|
=
xzy [ y {+|8CDUC<Z1AOQLY/F6ABY6$DMB9C VAM_ k:AI+F _7 wKT l7J AEA zd
~ m.j - r n r mj r n f ~ m.j - r n r m j r n f
~ .j - r n r j r n f ~ .j - r n r j r n f
~ mj.- r n r j r n f
~ m.j - r n r j r n f ~ m .j - r n r j r n f + / .j -p n
xzy [ y c|
%
\6_8:8CD;13$61BY/ZY=*<CD;1A8:8CLE3$=K<:=*D/F6A353LEUZ1U:6A<CDBY6ABPBVLE-M-MD/F6A3$=_d
~ mj.- r n r kVm j r n f + / j.-p n
xzy [ y c|
%
DMBY8CD>=K3$=1-M-;1$=FRVLT1FD>6ABY=Y=K<C35DMUCD;1BT1$/F6ABEDMLE`V1UZ1Q[ =*=FRSLT1FD>6ABED xzy [ y c| OE=KU:=K<C35DMBT1BY6-;158CUC<CLEUCUCLE<Z156A4o=
<Z1U:6A<CD;1->=OE=K-M-;15U:=F6A<CD;1QaYDMBG4T1<CUCD>/F6A-;1<:=D/F6A353LEUZ1U:6A<CDqOE=K-M->=A1<CD;1EDM-MDOQDMBT135D>/:Y=/F6ABP-IHY135DM-MU:6ABED;1BT1
=RSLEDMBYOQD->=*=FRSLT1FD>6ABEDOE=K-3$6AU:6E[ !DM353$=FOQD;1U:6DMBQ?@1UCUCD^6AUCU:=KBY=K<:=->=*=FRSLT1FD>6ABEDOQD135DM-MU:6ABd
+ % k m f ~m r & f + % m '
k
-% pr s nCm!
+ % k f ~ r &
f +% j.
xzy [ y_y |
k
OY15/KLED8:=K`_LY=*-;1 xzy [ y |[ 6AUCD;13$65-;1 <:=K`c6A-;15OQD/F6A353LEUZ1FD>6ABY=/21<CD>/21%/21354o6Ed
~ m r , f *m
xzy [ y c|
D hai 8:6ABY6OE=K-M-;1 ? 6A<C315UC<:62_1UZ15BY=K-M-;
1 ;=Kc[ [M{_[M{_[(,BQ?I1UCUCDIaQ-IHY=FRSLT1%
=8:6A-MLEFD>6ABED^OE=K-M-IHY=FRSLT1FD>6ABY=*OQ2
FD>6ABY=Hh i =F8:8:=KBYOE6 -MDMBY=21<:=DMB m aQ->=8:6A-MLEFD>6ABED8:6ABY6->=8:U:=F8:8:=_aQ/:Y= m 8CD;1 LEBkIBSLEy 3$=K<:66 LEBP6A4o=K<Z1U:6A<:=_[
LY=K-M->=5/:Y==K<Z1BY6->=1354ED>=KF2=OE=KDJ3$6SOQDqBY6A<C31-MDNOQDJ6_8:/KDM-M-;1FD>6ABY=_a^ ~ = ~ aOQDMc=KBSUZ1BY6P6A<Z1OE=K`_-MD
6A4o=K<Z1U:6A<CDN-MDMBY=21<CDIa/F6AB9<:=K`c6A->=OQDN/F6A353LEUZ1FD>6ABY=wOE=KU:=K<C35DMBT1U:=OY1-M->= j xz+y n [ y c| [ j + x nBY6A<C31-MDMFFD;13$6 j ~ + n =
j ~ + n DMBP3$6OE65OY15=K-MDM35DMBT1<:= % OY1-M->=->6A<:6<:=K`c6A->=OQD/F6A353LEUZ1FD>6ABY=+|d
f y i % ~ j ~ + n x wyo|] j ~ + n wyo|]
xzy [ y )c|
m^j n
u
,.BVc=K<CU:=KBYOE6-;1<:=K-;1FD>6ABY= xzy [ y )c|UC<:6+SD;13$6Ed
j ~ + n f+ %(' 0~ ! y - j@kV.m7nJp]j@kc ! y n - m *) f '
j ~ + n f+ % ' 0~ ! y - j@kV.m np]j@kV ! y n - m *)
"
!
y
xw yo|
i gj ~ + nCu
%
xzy [ y _|
!
"$#%&$
~
# s ~ j n # s = = = 8
j+ n
j + s n = = = j + n
xzy [ c|
+s
D /ZED;1<CDMUZ1OY1-M-;1/F6ABY8CD>OE=K<Z1FD>6ABY= OE=K-M->=`_<Z1BYOE=KF2=0/F6ABY8:=K<C_1U:=_a
1 BT1UCLE<Z1 XT8CD>/21OQDERSLY=F8CUCD6_8Z/KDM-M-;1U:6A<C
=KBY=K<C`_D;1P=$3$6A3$=KBVU:6OE=K-(/21354o6Ea & = $a=$/21<CD>/21P/F6ABY8Z=K<CA1UZ1Qa , [ ;6_8CUCDMUCLY=KBYOE6b->6b8CDM-MLE4E4o6 xzy [ y )c|
BY=K-M->= xzy [ _|= xzy [: c| =FOGLY8Z1BYOE65-IHE6A<CU:6A`c6ABT1-MDMU OE=K-M->=*6ABYOE=4ED;1BY=_aEUC<:6+SD;13$6 x 8:=KBE+1 31D/213ED;1<:=-IH
6A<:OQDMBY=DMBb/KLED/F6A354T1D>6ABY6`_-MD6A4o=K<Z1U:6A<CDBY=K-M->=*OQDMc=K<:8:=*=F8:4E<:=F8:8CD>6ABED |d
& f&%(' & C f y j ~ n ~ j ~ + n j ~ + n j ~ + n j ~ + n
%
w f&%-' & w f ~ w ~ ~ ~
j + n j + n j ~ + n j ~ + n
y %
, &
f %(' '
f y ~ +j ~ + n j ~ + np j ~ + n 2j ~ + n
xzy [Q{+|
\6_8:8CD;13$61AOE=F8:8:6$<CD>6A<:OQDMBT1<:=`_-MD^6A4o=K<Z1U:6A<CDDMBb3$6OE6OY112c=K<:=8Z=K354E<:=*`_-MDq6A47=K<Z1U:6A<CDOQD^OQD>8CUC<CLEFD>6ABY=1
OE=F8CUC<Z1QaEUC<:6+A1BYOE6Ed
&
f Hy % j ~ n ~ 2j ~ + n j ~ + n 2j ~ + n j ~ + n "! #$ =
w
f y % ~ w ~ j ~ + n j ~ + n j ~ + n j ~ + n
,
f y ~ 2j ~ + n j ~ + nqp Fj ~ + n j ~ + n
xzy [_c|
i-MDo6A4o=K<Z1U:6A<CD76A<:OQDMBT1UCDoOY1BEBY6 UCLEUCUCDt2=K<:68CLE-M->68:UZ1U:6OQD7SLY6AU:6 =OY1BEBY6DM-tBSLE3$=K<:6OQDo6/F/KLE4T1FD>6ABY=
OE=K-M-IHY6_8:/KDM-M-;1U:6A<:=/F6A<C<CD>8C476ABYOE=KBSU:=_atRSLT1BYOE614E4E-MD>/21UCD^1`_-MD^8CUZ1UCD xzy [ c|[
*)
0 8:0 4 3 4
1g0
4
m
j
C
n
K
n
C
j
I
j
m
n u f [ |
z
*)
*)
*)
9
!
"$#%&$
# %
mj nCm j n t) t r
f
m^j nCm 2j (n '
xzy [_|
m j nCmj n
\6_8:8CD;13$68:=K354E-MD XT/21<:=-IH=F8C4E<:=F8:8CD>6ABY=OQD BY=KDOQLY=/21A8:DIaJ/F6A3$=w8:=K`_LY=_
[ ;=K4T1<CD;13$6->=/F6A3
4o6ABY=KBVUCD19?z<:=FRSLT1BE+1}4o6_8CDMUCDMA1}6}BY=K`V1UCDM_1/:Y =j OYn 1BEBY6-MLY6A`c6 1A1->6A<CD8CLE-LY6AU:6!OQDMc=K<:8CDOY1}2=K<:6E[
UCU:=KBED;13$6Ed
u
u
f
m j nKjI m n ;u j n ff
~ m ~ j;u n r jIm r n j n ' ' t r xzy [: c|
jIm n j nCm j n
p
m j n m n j n
=XYBED;13$6$->=OQLY=?zLEBEFD>6ABEDId
[: c|
+ z j n f
~ m j n r jIm n ;u j n '
z
x
y
+ u j n f
~ m ;u j n r jIm n j n
xzy *[ ) c|
DM353$=FOQD;1U:6P/F6ABVDMBY/F=K<:8CDN/ZY=5RVLY=F8:U:= OQLY= ? LEBEFD>6ABED#8:6ABY64E<:6A4E<CD>6->=58:6A-MLEFD>6ABED#OE=K-M-IHo=FRSLT1FD>6ABY=$6A3$6
`c=KBY=21OQUD h->=KDMBQj i6A<:OE6ABW/:Y=51EED;13$6DMBVUC<:6OE6AUCU:6Ea/F6AB->68CU:=F8:8:6BY6A3$=_aoBY=K-M-;1 ;=Kc[ y [M{_[Qa#R7[ xzy [: )c|
= [ _|[ < Ob=F8:=K354ED>6EaT14T1<CUCDM<:=*OY1-M->68CSDM-MLE4E4o6 xzy [ y )c| =U:=KBY=KBYOE6w/F6ABVU:6$OE=KD^/F6A353LEUZ1U:6A<CDq/21BY6ABED>/KDIa
UC<:62xzy D;13$6Ed
+ z j n f
~ m j n r jImn u j n
f i g ~ x w yo|] f
j nCu
' ~ x wyo|]
f i g % i ~
j n
j n
/:Y=/F6ADMBY/KD>OE=/F6ABG-;1 xzy [: )c|[
0 8:0 4 3 4
1g0
4
;=K`_LY=KBYOE6-;14E<:=F8:/K<CDMFD>6ABY= + 7OQD T=SBE31BaoD^476A-MDqOE=K-M-;15? LEBEFD>6ABY=OQDUi<:=F=KB8CDq8C4o6_8CUZ1BY6
BY=K-4ED;1BY6/F6A354E->=F8Z8:6w/F6A3$= DMBYOQD>/21U:6DMBXY`_LE<Z1Q[,.-^/213535DMBY6OQDDMBVU:=K`_<Z1FD>6ABY=54o=K< 6AUCU:=KBY=K<:= + 9 4a7#R7[
x4ozy =K*[ <) y 6A|UCa U:=K BY1A=K<:OE=_=Fd 8Z8:+ 6$9 -I4 Ho1Af 8:8:=+ <:=2 1->=_[4o=K,.<BP XY `_LE <Z1 [DM\BY=KOQ< D>/2 1 U:6
DM-^ 3$DM-J6SOE/216w35DMB35/KDMBYLE6PDqOE8CDJ6AEOEE=KcD;1=53$/:6EDM/:LYEOEDM=KLY<:OE=$=K<:BY= =K-qDM-q8Z/2=K35135DM4E35D;1DMBYBY66
8CLE4o=K<CD>6A<:=_[
8CLT1 c6A-MUZ1QaYDM-4E<:6A4T1`V1U:6A<:=_at/:Y=DMBYOQD>/:ED;13$6/F6A3$=_d
*)
(
!
"$#%&$
/02131547698:0
LEUCDM->=}3$6_8CUC<Z1<:=/F6AB LEB /21->/F6A->6OQDM<:=KUCU:6/ZY=DM- 4E<:6OE6AUCU:6]U:=K354o66A<:OQDMBT1U:6OE=KD
2/ 1354ED*8:/21-;1<CD8:6OEOQD>8?I1W-IH=FRVLT1FD>6ABY=OQDHh->=KDMBQji6A<:OE6AB /F6AB8:6A<C`c=KBSU:=4ELEBVUCD ?@6A<C3$=_[(6ABY8:D>OE=K<CD;13$6
-IHE=F8C4E<:=F8:8:D>6ABY=DMB xzy [_| /ZY=*8:/K<CDMD;13$6$=F8C4E-MD>/KDMUZ13$=KBVU:=/F6A3$=_d
# %
m^j nCm j n(' f & j nCmj nCm j n & jp nCm j nCmj n
xzy [*):)c|
1-M->=<:=K-;1FD>6ABEDId
k & j n f p k & jp n 0
f / jn
xzy *[ )_|
k
k
=OY1-M->=<:=K`c6A->=*OQD^/F6A353LEUZ1FD>6ABY= xzy [ y c|aY8CD/21->/F6A-;1Qd
kc #&#&% % mj nC!m +j (n ' f #&#&% % kV.mj nCm +j (n '0 / j n ~ m~ .j - r n r m Aj n f #&% kV.mj nCm 2j (n '
k s #&% mj nCm j (n ' f k 1 s mj nCm j (n ' / j n kVm.j - r n r m j n f
f kT s mj nCm j n('p +/ j n
xzy *[ ):c|
62c=K<:6EaYOY1U:6$/ZY= m 8:6OEOQD>8?I1-;1 xzy *[ )_c|aY6AUCU:=KBED;13$6Ed
f + / 1E j n
jp p + s n #&% mj nCm %j (n '
xzy *[ ):c|
/F6=K<:=KBVU:=K3$=KBVU:= /F6ABP-;1 xzy *[ ) y |[
P
h'+
$&
% #'
==FRSLT1FD>6ABED/:Y=OE=F8:/K<CDMc6ABY6DM-/F6A354o6A<CUZ13$=KBVU:6$OE=K-/21354o65=K->=KUCUC<CD>/F65= OE=K-/21354o6 31`_BY=KUCD>/F6DMB
4E<:=F8:=KBE+1OQDYOE=KBY8CDMU OQDY/21<CD>/21Qa j 2r n = OQDE/F6A<C<:=KBVU:=_a ' + j 2r n aV1A8:8:=K`_BT1U:= 8CDE8:/K<CDMc6ABY61-3$6OE68:=K`_LY=KBSU:=_d
+
+ - + f +
Q[M{+|
x
+ - + f
Q[c|
x
$ + p g k + f ' +
x Q[c|
k
k +
$ + g $
x Q[ y |
k f
LY=F8CU:==FRVLT1FD>6ABEDq8CD4o6_8:8:6ABY6$UC<Z1A8:/K<CDMc=K<:=DM353$=FOQD;1UZ13$=KBSU:= DMBP?@6A<C31$/F62_1<CD;1BVU:=4o=K<UC<Z1A8?@6A<C31%
FD>6ABEDOQD 6A<:=KBSUC y [
,.BVUC<:6OQLY/KD;13$6GDM-JU:=KBY8:6A<:=$1BSUCD>8CDM353$=KUC<CD>/F6 l a/F6A-M->=K`V1U:6P1-#/2135476G=K->=KUCUC<CD>/F6b=31`_BY=KUCD>/F6POY1-M->=
<:=K-;1FD>6ABEDId
l w f p w l
f ' s f r$ ! =
x Q[c|
=-;1 y OE=KBY8CDMU $OQD/F6A<C<:=KBVU:=_d
!
!
l f j r g + n
x Q*[ )c|
=K-M-BY6ABP6A3$6A`c=KBY=F==FRVLEDM_1-M`c6ABY61-M! ->=*=FRSLT1FD>6ABEDId
=*=FRSLT1FD>6ABEDOQD 1
)#"
k l f l
x Q[ _|
3$=KBVUC<:=->==FRVLT1FD>6ABED6A3$6A`c=KBY=F=*8CD<CD>OQLY/F6ABY61-M->=*=FRVLT1FD>6ABEDId
k l %$ k $Fl !k $ l f '
f& (
f& * n
j +')
x Q[*c|
9
+
S$&
*)
*)
: gg: _ /
T_
#% %"
/
==FRSLT1FD>6ABED#6A3$6A`c=KBY=F=4E<:=KBYOE6ABY6LEBT1$?@6A<C31w4ED8:DM353$=KUC<CD>/218:==F8:4E<CDM35D;13$6DUC<:= DMBYOQD>/KD#1BVUCD>8:DM3
3$=KUC<CD>/KDqDMBU:=K<C35DMBEDqOE=K-qU:=KBY8:6A<:=OQD =KD (DMSDMUZ1= l DMBU:=K<C35DMBEDJOE=K-qU:=KBY8:6A<:=OQLT1->= DMBVUC<:6OE6AUCU:6BY=K-;1
\q1<CU:={_[ =*=FRSLT1D>6ABEDOQDMc=KBSUZ1BY61-M->6A<Z1Qd
7
l k f f
Q*[ c|
f k j l cn
x
lQZ@:VKA Vt za1OQD o=K<:=KBE+1OQD [^\6AD>/:
H_=FR7[ Q*[ c|=F8C4E<CDM3$= DM-Q?I1UCU:6/:Y=zYEFACAEA> tA
DM-4T1A8:81x `_`_D>65UC<Z1 =FO /F6A35476A<CUZ1$->6$8:/213ED>6$UC<Z15/21354ED^=K->=KUCUC<CD>/KD=31`_BY=KUCD>/KDIaY->= x Q[*c|DMl BY OQD>/21BY6-IH
1A8:8:=KBE+1OQDN5_tD lQA J$ A7F kK aY/KD>6 OE=K-M-IHT1BT1->6A`c6531`_BY=KUCD>/F6wOE=K-M-;15/21<CD>/215=K->=KUCUC<CD>/21Q[
4x88:0 4 =5=FRVLT1FD>6ABED Q[*c|8:6ABY6LEBDMBY/F6A->68:LE-M->= /F6A354o6ABY=KBVUCD#OQD l [*,.B/F6ABY8:=
0 8:476 4 42
`_LY=KBE+1QaEBY6ABPUCLEUCU:=*->=*8:=KD/F6A354o6ABY=KBVUCD^OQD x + =OQD + 8:6ABY65_1<CD;1EDM-MDDMBYOQDM4o=KBYOE=KBVUCDI[
, 3$6OQDOQD8:/F=K`_-MD>=K<:=GUC<:=PDMBYOQD>/KD OQDMc=K<:8CDIa/KD;1A8:/KLEBY6/F6AB]RVLT1UCUC<:6W476_8:8:DMEDM-MD0A1->6A<CDIa8:6ABY69=KSD>OE=KBSU:=
3$=KBVU:=RSLT1UCUC<:69=PUZ1BSU:=8Z6ABY6W->=P=FRSLT1FD>6ABED6A3$6A`c=KBY=F=DMBYOQDM4o=KBYOE=KBVUCDI[ ,.B]U:6AUZ1->=_a RSLEDMBYOQDIaDM- /21354o6
=K->=KUCUC<:6A31`_BY=KUCD>/F6/F6ABVUCD>=KBY=8Z6A->6WAE%_@ z_ t_ m konQF[ #B4E<CDM3$6G4T1A8Z8:6Ea4o=K<D>8:6A-;1<:=->=$/F6A354o6
BY=KBVUCD^DMBYOQDM47=KBYOE=KBSUCDIat/F6ABY8:D>8CU:=BY=K-M-IHY6_8:8Z=K<CA1<:=*/ZY=->=*=FRSLT1FD>6ABED x Q*[ c|8Z6ABY65D>OE=KBVUCD>/213$=KBSU:= 8Z6SOEOQD>8?I1UCU:=
OY1-M-;14o6_8CDMFD>6ABY=_d
l f k
l p9k l
x Q[M{ c|
/F6A3$=8CDNc=K<CD XT/21DM353$=FOQD;1UZ13$=KBSU:=GLY8Z1BYOE6-;1G?@6A<C31bOY1UZ1DMB x Q*[ c|[ H^=FRSLT1FD>6ABY= x Q[M{ c|OE=XYBED>8:/F=
LEBBVLY62c6/21354o6Ea7DMBYOQD>/21U:6w/F6A-BY6A3$=OQ2D lQ_KK@A> K@IA:K[ 6AUCD;13$6->= =F8C4E<:=F8:8CD>6ABEDq=F8C4E-MD>/KDMU:= x
f
f 476AU:=KBEFD;1->=8:/21-;1<:=+|d
w f k w p9k w f pk w p g k + '
x Q[M{_{+|
k
+ f
+
x Q[M{2c|
;=bLY8CD;13$69/F6A3$=bA1<CD;1EDM-MDOQDMBT135D>/:Y=->=b/F6A354o6ABY=KBVUCDOE=K-4o6AU:=KBEFD;1->=bc=KUCU:6A<:=_a->==FRVLT1FD>6ABEDOQD
1 ) " =K-M-^BY=K-^SLY6AU:6w8CD4o6_8:8:6ABY65<CD>/212A1<:=OY1$LEB\J<CDMBY/KDM4ED>6OQ9D < FD>6ABY=_ao154T1<CUCDM<:= OY1-M-;15-;1`_<Z1BE`_D;1BT1OQD
e
1 ) " =K-M-Id
fg
x Q[M{2c|
# f p g
l l iJjs p s2n
6 4 6 34 4 =/F6A354o6ABY=KBVUCDoOQuD < 8Z6ABY6RSLT1UCUC<:6*_1<CD;1EDM-MDIaRSLEDMBYOQD71BY/F6A<Z1<CD>OE6ABYOY1BVUCDI[
;=*=F8:=K`_LED;13$6$LEBT1G A FA$+F _7_ cA VKd l
l l f l !k l !
x Q[M{ y |
DM-BVLY6+c64o6AU:=KBEFD;1->=c=KUCU:6A<:=*OY1QHY-MLY6A`c61-M->=*8CU:=F8:8Z=6_8Z8:=K<CA1EDM-MD + = a+ KEA StFE SQK@A7#[
0H 4o6_8:8CDMEDM->=W=/F6ABVc=KBED>=KBVU:=}LY8Z1<:=9-IH 1<CEDMUC<Z1<CD>=KUZ1QHBY=K-M-;1 OE=XYBEDMFD>6ABY=OQMD < 47=K<bDM35476A<C<:=LEBT1
/F6ABYOQDMFD>6ABY=/F6+A1<CD;1BSU:=8C$L < l [ # BT1/F6ABYOQDMFD>6ABY=8:47=F8:8Z6LY8Z1UZ1=_HE-;1 k:A7AMF _7 A9l >A:T;2d
k l l f
x Q[M{2c|
ADCAEC
VJVPMLONKGPMN$ZVN=e.WYQUQUP
XRPMQ
uN OG
f
+
l j n r $ % j i n 1 ~ s p p ( ls + 7 ' j ~ n x wy! |]
l j n
x Q[_c|
*)
*)
: gg: _ /
T_
#% %"
/
x Q[_c|
x Q[ y |
f j / #? p ~ ~ ~ n '
s
+
; ; ; 7 l; 7 ; f l
x Q[_c|
LY=F8CUCDRSLT1AOQ<CDMc=KUCU:6A<CD?@6A<C31BY65LEBT1T1A8Z=DMBP/KLED8CD4ELY6EHY8CDM-MLE4E4T1<:=*RSLT1->8CD;1A8CDc=KUCU:6A<:=_[
#8Z1BYOE6$-;1$8:=F/F6ABYOY15<:=K-;1FD>6ABY= OQD/F6A354E->=KU:=KF+1BY=K-M->= Q[_c|at<CD>8:/K<CDMSD;13$6-;1 ? LEBEFD>6ABY=OQDOi<:=F=KBOQD
Y=BE31BPBY=K-M-;1 x Q[_c|1-3$6SOE6$8Z=K`_LY=KBVU:= x DM--MDM35DMU:=OQD3x 1A8:8Z1BSLE-M-;15=_HY8:6AUCU:6ADMBSU:=F8:6V|d
p~ l 7 f pj ~ ; ; ; 7 7 l; 7 ; n f j ~ s 7 wl 77 w n
s 7 7 + s +
s +
x Q[: )c|
j l ~ s p + l 7 n
<^c=KBYOE65DMBP3$=KBSU:=-;15/F6ABYOQDMFD>6ABY= Q[M}{ c|aT=K-MDM35D;13$6 7 DMBG?I1Fc6A<:=OQD
x
l =OQD l d
7 f ~ l
Q[ _|
l ~ p ~ l
x
+
+
=OQD/F6ABY8:=K`_LY=KBE+1Qd
~ ~
Q[: c|
7 7
l p l f l~ + p ~ + j ~ l 0 l ~ _nqp]j g p ~ + s n l
x
,.BP/F6ABY/K-MLY8CD>6ABY=_aY4o6_8:8CD;13$6<CD>8Z/K<CDMj c=Kn <:s =*-IHQDMj BVU:n =Ks `_<Z1BYOE6BY=K-M-;1 x Q[_c|d j n s
p~ l 7 ' j ~ n x w y] |] f
s + 7 7
f j ~ s wl + 7 w n ' j ~ n x wy! |]
s ~ ~
~ s g + 7 ~ j l~ + n p j ~ + n j ~ l l ~ n ' j ~ n x wy! |]
x Q[: c|
s
s
!
y
]
|
'
j ~+ g n l j ~ n
x Q[ c|
s
w )
7 # 7
w w
4
0 47698
BT1-MDMFFD;13$6$DOQDMc=K<:8CDU:=K<C35DMBEDI[
,U:=K<C35DMBED BY=K-M-;194E<CDM319-MDMBY=219/F6A<C<CD>8C4o6ABYOE6ABY6!1-M->=6ABYOE=b`c=KBY=K<Z1U:=OY1-M-;19/F6A<C<:=KBSU:=_a8:6ABY6}6ABYOE=
AF5<CD>8C4o=KUCU:691-M-;1OQDM<:=KFD>6ABY=POQD 4E<:6A4T1`V1FD>6ABY=_a =<Z14E4E<:=F8:=KBSUZ1BY6WD0OQLY=`_<Z1AOQDOQD -MDMo=K<CU
= o=KUCUCDM_13$=KBVU:=4E<:=F8:=KBVUCD^BY=K-/2135476
/F6ABVUC<CDMELED>8:/F6ABY6Ea(OE6A476DMBVU:=K`_<Z1FD>6ABY=_a(/F6AB
=K-M-;18:=F/F6ABYOY1b-MDMBY=21QaqD(U:=K<C35DMBED4E<:6A4o6A<CFD>6ABT1-MD1 ~
U:=K<C35DMBED0OE=K-UCDM476 k l !qaJ/:Y=4o6_8:8:6ABY6=F8:8Z=K<:==K-MDM35DMBTl 1UCD0/F6ABLEBT1LE-MU:=K<CD>6A<:= x -IHLE-MUCDM31c|UC<Z1A8?@6A<
31FD>6ABY=$OQDJ`V1LE`c= ^DJU:=K<C35DMBED#4E<:6A476A<CFD>6ABT1-MD1 ~ ' 8CDN1BEBSLE-M-;1BY6P4o=K<-;1/F6ABY8:=K<C_1FD>6ABY=$OE=K-M-;1
/F6A<C<:=KBVU:= TDMBPU:6AUZ1->=4o6_8:8CD;13$6DM`_BY6A<Z1<:=-;158Z=F/F6ABYOY 1-MDMBY=21
BY=K-M-;1U:=K<C+1 -MDMBY=21DM-o4E<:6A4T1`V1U:6A<:=*OQD Y= BE31BP=_HQ8CUZ1U:68:6_8CUCDMUCLEDMU:6OY1-M-;1UC<Z1A8?@6A<C31UZ1OQD T6ALE<CD>=K<
OE=K-#/2135476G/F6ALE->6A3ED;1BY6Ed*RSLY=F8CU:6U:=K<C35DMBY=5<Z14E4E<:=F8:=KBVUZ1GDM-4o6AU:=KBEFD;1->=$=K->=KUCUC<:6_8CUZ1UCD>/F6P`c=KBY=K<Z1U:6
OY1-M-;15OE=KBY8CDMUZ1QHYOQD/21<CD>/21=K->=KUCUC<CD>/21DMB ' l [
#8C4E-MD>/KDMUZ13$=KBSU:=_d
1
w
w f % ' ~
w ~ ~ ' ~ x wy! |] '
g
/
j n
j i 1 n 1 ~ s + 7 j p ~+ s n j n
' ~
j n f % j i n 1 ~ + g j ~ n x wy! |]
x Q[Q{+|
s
BY6AUCD;13$6Ed
+ - + j n f '
.
+ - + j n f j n
p.
,.BW`c=KBY=K<Z1->=_aq4o6_8:8CD;13$6XT8:81<:=$-;1`V1LE`c=DMB93$6OE6PUZ1->=/ZY=$DM-/2135476=K->=KUCUC<CD>/F6b8CDNOQDMD>OY1GDMBLEBT1
4T1<CU:=->6ABE`_DMUCLYOQDMBT1->==LEBT14T1<CU:=UC<Z1A8Cc=K<:81Qd
+ f + + '
+ - + f ' .
.
+ - + f
x Q[_c|
1D<CD>8CLE-MUZ1UCD4E<:=F/F=FOE=KBSUCDIaT6AUCU:=KBED;13$6w=F8C4E-MD>/KDMUZ13$=KBVU:=_d
+ j 2+ r n f p + f p + %-' s g g s j s+ r n '
+ p +
1' ~
+ f p k + f p k % i 1 ~ g + 7 x w yo| ~ ' + p ~ + j ~ + ~ - ' + n =
Q[_c|
x
k
k j n s
+ s
P ' ' W
%
'% &('
;S4o=F/KD;1-MDMFFD;13$6G1-^/21A8:6DMB/KLEDDM-^/21354o6=K->=KUCUC<:6A31`_BY=KUCD>/F
6 1A/F/F6A4E4ED;1U:6G1AObLEBT154T1<CUCD>/F=K-M-;1w4ELEBQ
UCD ?@6A<C3$=*OQD/21<CD>/21 Q[J\=K<0-IHY=K->=KUCUC<:6ABY=_a f p VaYOE62c=
-;15/21<CD>/21$=K->=KUCUC<CD>/215=K->=K3$=KBVUZ1<:=_d
f = i
Ej n
3
x Q[ y |
g g g g
<
*)
('
'
'
'
: gg: _ /
\=K<0LEBT14T1<CUCD>/F=K-M-;154ELEBSUCD ? 6A<C3$=_d
!
l f j r g + n '
f / ~ p j n ' + f
6AUCD;13$65->=*=FRSLT1FD>6ABEDId
T_
#% %"
/
g k ! f p ' +'cj n - + / ~
k
+ - + f j n - + / ~ p
.
g
+
!
6A3$=*/F6ABY8:=K`_LY=KBE+1Qa c=K<CD XT/215-IHE=FRSLT1FD>6ABY=*OQD/F6ABVUCDMBSLEDMU Qd
l
p jn
jn
~ p j n
x Q[_c|
x Q[:)c|
*)
k .x Q[ _|
g k g + + f
HY=F8:U:=KBY8CD>6ABY=1-/21A8:65OQD3$6A-MU:=/21<CD>/:Y= DM353$=FOQD;1UZ1Q[
6 /21<CD>/218CD06AUCUCD>=KBY=bOY1-M->=P=FRSLT1FD>6ABEDOE=K-M-;1;=Kc[NQ[M{_a
H<FD>6ABY=P/F6A354E->=F8Z8CDMA1WOE=K-8CD>8CU:=K31/21354o
8C4o=F/KD XT/21BYOE6$-;15/F6A<C<:=KBSU:=8Z=F/F6ABYOE6$-;1 x Q[_c|0=FOb1`_`_DMLEBE`c=KBYOE6-IH7<FD>6ABY=OE=K-M-;15/21<CD>/21Q[ =K-/F6A354E->=F8Z8:6Ea
1EED;13$6$-;1OE=KBY8:DMU 5OQD 1`_<Z1BE`_D;1BT1Qd
e
Q[:c|
l / ) ~ * p * j :n jp p nq
p l j * n
j * n f p
x
l
l
15RSLED8CD6AUCU:=KBE`c6ABY6EaT/F6A3$=*4E<CDM31QaE->==FRVLT1FD>6ABEDOE=K-/2135476EaYBY=K-M-;1 ? 6A<C31Qd
!
k l f l f g l l ~ j n / ~ p j n
x Q[: c|
OE62c=* e l *-;1 y Ic=K->6S/KDMU 5=_aT/F6A3$=1-8:6A-MDMU:6Ea f p + [
\=K<<CD>/21F_1<:=9->=}=FRVLT1FD>6ABEDOE=K-3$6AU:6OE=K-M-;1 g /21<CgD>/21Qa/21->/F6A-MD;13$6DM-3$6A3$=KBSU:6/F6ABEDMLE`V1U:6 x
f
' |d
Q[ y c|
k
f r + + ~ + j n r
x
k+
OY15/KLEDId
*)
*)
'
'V
k
f ' jzr
k + 'c
k
f p Q~ + p
k+
n =k k + g j + - + n +
w w +
x Q[ y {+|
x Q[ y c|
4
0 47698
=*=FRSLT1FD>6ABEDOE=K-3$6AU:68:6ABY65RVLEDMBYOQDId
k
f k
'
k+ k+
f ' f k + g ~ -
w w f
'V jzr + n 'c j + n p k p + pj + + n + w j + n
f + g + j + n f + g + +
x Q[ y c|
LY=F8CU:=8:6ABY6->==FRSLT1FD>6ABED4o=K<->=/F6A354o6ABY=KBVUCD^8C4T1FD;1-MDOE=K- I3$6A3$=KBVU:6wOE=K-M-;1/21<CD>/21Qa [ HE=FRSLT1FD>6ABY=
4o=K< -;1/F6A354o6ABY=KBVU:=U:=K354o6A<Z1->= 8:D6AUCUCD>=KBY= 3$6A-MUCDM4E-MD>/21BYOE6G-;1y 4E<:=F/F=FOE=KBVU:=$=FRSLT1FD>6ABY= 47+=K< W=FOLY8Z1BYOE6
+
->=<:=K-;1FD>6ABEDId
' f
+ - ' + '
f + f +
+
<:6+SD;13$6wRVLEDMBYOQDId
'7
'
f + - +
x Q[ y_y |
'c
'V
lQ_ m kZz
Hq=FRSLT1FD>6ABY= Q[ |=F8C4E<CDM3$=-;1/F6ABY8:=K<C_1FD>6ABY=OE=K-M-IH=KBY=K<C`_D;1Qdb 7K A@9 k:K;zIWVA M
x
_
y
y
7zSTz5A^lQ
lQAAzMTlQ_+K_Y IcAYk:AlQ>K@ kZ -;1? 6A<C+1OQD 6A<:=KBVUCcaDM-78:=F/F6ABYOE6
U:=K<C35DMBY=158Z=F/F6ABYOE653$=K3E<:6wOE=K-M-;1 x Q[ y c|aEBY6ABb/F6A354ED>=-;12c6A<:6V|[ x
=*4E<:=F/F=FOE=KBVUCDq=FRVLT1FD>6ABED8:D476_8:8Z6ABY6476A<C<:=DMBG?@6A<C31/F62_1<CD;1BVU:=_atBY6AUZ1BYOE6$/ZY=_d
'
'V
'
UCU:=KBED;13$6RSLEDMBYOQDId
+
fv g l
'
f j s s p
'c
-
"
n f g l
l
: gg: _ /
T_
#% %"
/
<8:8CLE3$=KBYOE6w/:Y=*->=1-MUC<:=?@6A<C2=*8CD;1BY65UC<Z1A8:/KLE<Z1EDM-MDIa7RSLY=F8CU:6$8CD>8CU:=K31$OQD^=FRSLT1FD>6ABED^OE=F8:/K<CDMc=DM-/F6A3
4o6A<CUZ13$=KBVU:6OE=K-M-;1G31U:=K<CD;1bDMB9U:=K<C35DMBED(OE=KD(->6A<:6b/F6_8CUCDMUCLY=KBSUCD=K->=K3$=KBSUZ1<CDI[ =w=FRVLT1FD>6ABEDOQD 1 ) " =K-M-
1 7CA@V EQ@I_a%LEBT1 U:=F6A<CD;11UCUZ11 OE=F8:/K<CDMc=K<:=(UCLEUCUCDcD_?@=KBY6A3$=KBED
6A<:=KBSUC8:6ABY60DM-c4E<CDM3$6=F8:=K354ED>6 OQDVLEBT
4E<:=F8:=KBSUCDDMB 1UCLE<Z1Q[
QaQQ[ y c|
1OE=F8:/K<CDMFD>6ABY=8CD>8CU:=K31UCD>/21OE=K-M->=04E<:6A4E<CD>=KU OE=K-M-;131U:=K<CD;18CLE-M-;1T1A8:=OE=K-M->= =FRSLT1FD>6ABED Q[:
x
=_H8CUZ1UZ11 7<:6ABSUZ1UZ1OY1b 9[ < [ 6A<:=KBVUC *)BY=KD4E<CDM35D OE=K- 62c=F/F=KBSU:6/F6ABBY6AU:=Kc6A->=8:LY/F/F=F8:8:6Ea#=FOT1
/F6_8CUCDMUCLEDMU:65LEBb4T1A8:8:6 ?@6ABYOY13$=KBVUZ1->=*BY=K-M-;1$/F6A354E<:=KBY8CD>6ABY=OE=K-M-;15/F6_8:UCDMUCLEFD>6ABY=OE=K-M-;131U:=K<CD;1Q[
\=K<*RVLT1BSU:6<CDM`_LT1<:OY1DM-J/F6A35476A<CUZ13$=KBSU:6POE=K-M-;1w31U:=K<CD;1G1-M-;1w8Z/21-;1wOQDq-;1o6A<Z1U:6A<CD>6Ea-IH7DM476AU:=F8:D/ZY=
->=5?@6A<C2==K->=KUCUC<:6A31`_BY=KUCD>/ZY=G8CD;1BY6bOE6A35DMBT1BSUCD =_H^1A8:8:6A-MLEUZ13$=KBSU:=G1AOE=K`_LT1UZ1Q[ ;SL8:/21->=1A8CUC<:6ABY6A35D>/:Y=_a
6/F/F6A<C<:=#U:=KBY=K<:=N/F6ABSU:6 OE=K-M->=#? 6A<C2=#`_<Z1FDMUZ1FD>6ABT1-MDIac/:Y=N476_8:8Z6ABY60=F8:8:=K<:=JDMBY8Z=K<CDMU:=#BY=K-M->68Z/:Y=K310=F8:U:=KBYOE=KBYOE6
DM-\J<CDMBY/KDM4ED>6$OQD=K-;1UCDMDMU _;S47=F/KD;1->=*1-M-;1 =K-;1UCDMSDMU _i=KBY=K<Z1->=OQDJDMBY8CU:=KDMB[ ==FRVLT1FD>6ABEDOQD 1 ) " =K-M-
6A<:=KBSUCKJDMBY8CU:=KDMBOY1BEBY6LEBT1OE=F8:/K<CDMFD>6ABY=1A/F/KLE<Z1UZ1*OE=KDQ? =KBY6A3$=KBEDT8:L$8:/21-;131A/K<:6_8:/F6A4ED>/21QaSBY6AB1BY/F6A<Z1
8CLE4o=K<Z1UZ1Q[
/K3w|=8CLET1U:6A35D>/ZY=_a->6!8:/ZY=K31!OQD
;SL 8Z/21-;1}35D>/K<:6_8:/F6A4ED>/21Qa*1-M->=WOQDM3$=KBY8CD>6ABED1U:6A35D>/ZY=
1 ) " =K-M- 6A<:=KBVUC9OE=Kc==F8:8Z=K<:=8Z6_8CUCDMUCLEDMU:6OY1-M-;1}J->=KUCUC<:6OQx DMBTg 135D>/21 LT1BSUCD>8CUCD>/21 x LT1BVUCLE3 #->=F/KUC<:6
SBT135D>/F8+a NDMB E<:=Kc=+|[0HJLEB ?I1UCU:691A8:8Z6A-MLEUZ13$=KBVU:=PBY6AU:=Kc6A->=/:Y=P->=P=FRVLT1FD>6ABEDOQD 1 ) " =K-M-
6A<:=KBSUCcaLEBT1c6A-MUZ1UC<Z1AOE6AUCU:=bBY=K-M->698:/ZY=K31OE=K-M-;1 ^=F6A<CD;1 LT1BVUCD>8:UCD>/219OE=KD 1354EDIa31U:=KBE`c6ABY6}=F8
8:=KBEFD;1-M3$=KBSU:=PDMBT1-MU:=K<Z1UZ1-;1->6A<:6? 6A<C31W=G8:6ABY6W/214T1A/KDOQDOE=F8Z/K<CDMc=K<:=GDMB 3$6OE68CUC<Z1A6A<:OQDMBT1<CD;13$=KBVU:=
1A/F/KLE<Z1U:6$->=4E<:6A4E<CD>=KUZ1QHtOE=K-M-;131U:=K<CD;15/F6ABYOE=KBY8Z1UZ1=OE=K`_-MD^1U:6A35DI[
<-MDMc=K-M->6BVLY/K->=21<:==8CLEEBSLY/K->=21<:= 1-7OQD>8:6AUCU:6OQD /K3w|J=KBSUC<Z1BY6 DMB$`_D>6S/F6 1-MUC<:=0?@6A<C2=_d^->
= -_C%
fkK>CAOE=F8:/K<CDMUCU:=47=K< -;14E<CDM31c6A-MUZ15x DMBb3$6OE6/F6+Ag 1<CD;1BSU:==RSLT1BVUCD>8CUCD>/F6OY1$ [#L 1 " 1Qa71-M-IHtDMBEDMFD>6
OE=K`_-MD1BEBEDH QaT=-> = TK+F _Y
CA za7D>OE=KBSUCD XT/21U:= OY10[ T=K<C35DIat8:=K354E<:= 1-M-IHTDMBEDMFD>6wOE=K`_-MDq1BEBEDH Qa
/F6A3$=<:=F8C4o6ABY8Z1EDM-MDOE=K-OE=F/21AOQDM3$=KBSU:6wOE=K-BY=KLEUC<:6ABY=*=*OE=K-M-;1<Z1AOQD>6c1UCUCDMDMU OE=KDBVLY/K->=KDI[
*)
*)
*)
*)
AaAEC
QUP u
G
f
l #
k l # k! # p l
5
f l # k
# l l l
x Q[ y _|
/F6ABY8CD>OE=K<CD;13$6 DM-*U:=KBY8:6A<:=8CDM353$=KUC<CD>/F6E
< /F/21BSU:61 # #
a l # 6AUCU:=KBSLEU:6 /F6AB -;14E<:6S/F=FOQLE<Z1]OQD
l
=K-MDMBQ?@1BSU:=b=G 6_8:=KBQ? =K->O[ # 8CD06AUCUCD>=KBY=_a4ED]8:=K354E-MD>/F=K3$=KBVU:=_a 8Z6A3531BYOE61-M-;1 Q[ _| DM-U:=KBY8:6A<:=
l
x y
/F6ABY8:=K<C_1U:6Ed
l f p k # j l # n f p l # j@k # n
<
*)
4
0 47698
DMBPRSLT1BVU:6EaYDMBb1A8Z8:=KBE+15OQD/21<CD>/:Y=_a k # l # f [ 6AUCD;13$6$/ZY=_d
k l l f ' % ' f
,.BP/F6ABY/K-MLY8CD>6ABY=_d
l # f p Zl l ;$# ;$#
#8C4E-MD>/KDMUZ13$=KBSU:=_aT->=OE=KBY8CDMU OQD=KBY=K<C`_D;15=3$6A3$=KBSU:66AUCU:=KBSLEU:=OY1-M-;1 x Q[ y c|8Z6ABY6Ed
x Q[ y c|
*)
x Q[ y c|
6ABY8CD>OE=K<CD;13$6e 1AOE=Fe 8:8Z60-;1Se E *e At A_ A@At/F6A354E->=KUZ1Qa Q[:c|a_/:Y=(<CD>8:/K<CDMD;13$604o=K<^/F6A3$6OQDMU Qd
x
e f
5
'
e
f&%(' # # r s ~ + j n r
x Q[ c|
&
*)
*)
' w #
c'
j@k w + n
: gg: _ /
T_
#% %"
/
OY15/KLEDId
f p + - + jzr 'c s n f
x Q[_c|
/F6A3$=/F6ABY8:=K`_LY=KBE+1OE=K-M-;1=FRVLT1FD>6ABY=*OE=K-3$6AU:6OE=K-M-;1 4T1<CUCD>/F=K-M-;1Qa x Q[ y_y |[#,.B3$6SOE6$1BT1->6A`c6EaY8:LE-M-;1 T1A8:=
OE=K-M-IHY=FRSLT1FD>6ABY=*OE=K-3$6AU:6 x Q[ y c|aYUC<:62D;13$6
' w ' w # ' w
' r w
w
- w
- w f
f
f
+ j@k + n
'V
'V 'c
'c k + +
w
f ' r 'V p w p j + + n w f
x Q[_c|
HS=Kc6A-MLEFD>6ABY=BY=K-TU:=K35476OE=K-T8CD>8CU:=K31/F6ABY8CD>8CU:= DMB$LEBY68:/213ED>6/F6ABVUCDMBSLY6 OQDt=KBY=K<C`_D;1=0RSLT1BVUCDMU OQD
3$6AU:60UC<Z1/2135476 =#4T1<CUCD>/F=K-M-;1Qa_/F6ABY8:=K<C_1BYOE6/F6_8CUZ1BVUCDSDV_1->6A<CDSOE=K-M-IH+=KBY=K<C`_D;1 =#OE=K-S3$6A3$=KBVU:6/F6A354E->=F8:8CDMDI[
LEUCUZ1FD;1Qa#-;1OE=XYBEDMFD>6ABY=OE=K-M-IHq=KBY=K<C`_D;1=OE=K-M-;1RSLT1BVUCDMU OQD3$6AU:61A8:8Z6S/KD;1U:=1-M-;1P4T1<CUCD>/F=K-M-;161/21354o6 1AOwLEBwOY1U:6D>8CUZ1BVU:=BY6AB 0LEBEDMc6/21QaDMBRSLT1BVU:6 RVLY=F8:U:=0`_<Z1BYOE=KF2=BY6AB8Z6ABY6EaSDMBYOQDMD>OQLT1-M3$=KBVU:=_a
/F6_8CUZ1BSUCDtOE=K-Y3$6AU:6E"[ # BT1OE=F8:/K<CDMFD>6ABY=04T1<CUCD>/F6A-;1<C3$=KBSU:=8:=K354E-MD>/F=08CDY6AUCUCD>=KBY= =K-MDM35DMBT1BYOE&6 # l # DMB?@12c6A<:=
OQD l # [ 6ABQ? <:6ABVUZ1BYOE6w-;1 x Q[ y _|=-;1 x Q[ y c|8CD6AUCUCD>=KBY=_d
!
# f
l l l # k # f l !k # j l # np l
L 6A3$=KUCU:=K<:== 4o6_8:8CD;13$6/F6A3EDMBT1<:=-IHLE-MUCDM3$6U:=K<C35DMBY=/F6ABG-IH=F8:4E<:=F8:8CD>6ABY=OE=K 1OE=K<CDM_1UZ1U:6AUZ1->=8CDo4E
3$6A3$=KBVU:6=KBY=K<C`_D;1OE=K-M-;14T1<CUCD>/F=K-M-;1Q[(,BGRSLY=F8CU:653$6OE656AUCUCD>=KBED;13$6Ed
f ig %-' j s s n r s +
gp
w
w f % '
j + + n w r +
2
x Q[ y |
.
gp
=K-M->= =F8:4E<:=F8:8CD>6ABEDTDMB Q[ |#/F6A354T1<:=14E4T1<:=KBVU:=K3$=KBSU:=*8:6A->6-IHV=KBY=K<C`_D;1OE=K-M-;14T1<CUCD>/F=K-M-;1-MDM7=K<Z1Q"[ =K/21A8:6OQD 4ED !4T1<CUCD>/F=K-M->=_a/Kx D08CDy 4EL /ZED>=FOE=K<:=bOE6+c=G8CD;1bXYBEDMUZ1-IHq=KBY=K<C`_D;1OQD DMBVU:=K<Z1FD>6ABY=b=K->=KUCUC<:6_8:UZ1UCD>/21
UC<Z1->=4T1<CUCD>/F=K-M->=8CU:=F8:8Z=_[ 1<CD>8C476_8:UZ1 /:Y= RVLY=F8CUZ1w=KBY=K<C`_D;1 DMBE`_->6AT1UZ1wBY=K-4E<CDM3$6U:=K<C35DMBY=_a/F6A3$= 8CD
c=FOE=1-t3$6OE6 8:=K`_LY=KBVU:=_?[ ;=K4T1<CD;13$6DM-o/21354o6=K->=KUCUC<CD>/F6 BY=K-M->=/F6A35476ABY=KBSUCD->6ABE`_DMUCLYOQDMBT1->==UC<Z1A8:c=K<:8Z1Qa
8:=F/F6ABYOE65-;1 x Q[_c|[ <:6+SD;13$6Ed
ig % ' s f ig % ' j s s n f ig % ' s ig % ' jx + n - jf + 0n f
f ig % ' s p ig % ' jx + - + n f ig % ' s % '
x Q[_c|
OE62c= DM-4o6AU:=KBEFD;1->==K->=KUCUC<:6_8CUZ1UCD>/F6E[ ,-8:=F/F6ABYOE6U:=K<C35DMBY=BY=K-M-IH =F8:4E<:=F8:8CD>6ABY=XYBT1->= -IH=KBY=K<C`_D;1
=K->=KUCUC<:6_8CUZ1UCD>/21/:Y=_aE4o=K<0LEBP8CD>8CU:=K31$OQD4T1<CUCD>/F=K-M->=*4ELEBVUCD ?@6A<C35DIaT8:D<CD>OQLY/F=1-M-IHY=F8C4E<:=F8:8:D>6ABY=_d
:
u fhig w g + w j nw p + j n
x Q[: )c|
'
('
*)
*)
<:62D;13$6Ed
4
0 47698
f
Q[_|
ig %(' j s s n ig w g w w p r s +
x
+
+
p
,.-E4E<CDM3$6*U:=K<C35DMBY=0/F6ABSUCD>=KBY= 8:6A->6DT`_<Z1AOQDTOQDY-MDMo=K<CU OE=K-T/21354o6*OQDY<Z1AOQD;1FD>6ABY=_g aSDM-T8:=F/F6ABYOE6*= U:=K<C26*DY`_<Z1AOQD
OQD-MDMo=K<CU 5OE=K-M->=4T1<CUCD>/F=K-M->=_[
< 4T1<CUCDM<:=5OY1-M->= Q[ |8:D4EL <CD>/212A1<:=_aDMBQXYBY=_aDM-qU:=KBY8:6A<:= DM354ELE->8:6=KBY=K<C`_D;1BY6ABDMBVU:=K`_<Z1U:6EaBY=K-M-;1
x y
?@6A<C31Qd
l f l # & l '
& l f r s g l / ~ p j n
+ +
*)
*)
[(\1<CU:=KBYOE6OY1-M-;1->=K`_`c=OQDUC<Z1A8? 6A<C31FD>6ABY=_d
/21->/F6A-;1<:=*->=*31UC<CD>/KD
OE=K-3$6A3$=KBVU:6!1BE`c6A-;1<:=_a j ;$# n l aDMBSUC<:6SOE6AUCU:=BY=K-M-;1\1<CU:=j {bl =bn j 3$ 6_n 8CUCf<Z1<:=l /:Y =j n l # DMB=FRt[ x Q[ y c|8CD
6AUCUCD>=KBY=*OY1-U:=KBY8Z6A<:=*/21BY6ABED>/F6 # l # /F6ABb-;15/F6_8CUC<CLEFD>6ABY=*OQD =K-MDMBQ?I1BVU:=*=6_8:=KBQ?@=K->O[
/02131547698:0 \=K<bLEBT1}4T1<CUCD>/F=K-M-;1!4ELEBSUCD ? 6A<C3$=}1EED;13$6 DMBSUC<:6SOE6AUCU:6!->= VEz OQD-;1`_<Z1BE`_D;1BT1Qa
/F6A<C<:=KBVU:==DM354ELE->8:6=KBY=K<C`_D;1BY=K-M-;1 ? 6A<C31Qd
!p f p r s g / ~ + p + j n '
l f g l / ~ + p + j n '
& l f r s g l / ~ p j n '
+ +
0H7DMBVU:=K<:=F8Z8Z1BVU:=$6_8Z8:=K<CA1<:=/ZY=DM-?I1UCU:6A<:= =F8:8:=KBEFD;1->= 4o=K</F6A354o=KBY8Z1<:= -;1wBY6AB/F62_1<CD;1BE+1GOE=K-M-;1
? LEBEFD>6ABY=OE=K-MUZ1= 4E<:6OQLE<C<:=OE=K-M->=`_<Z1BYOE=KF2g =* 14E4E<:6A4E<CD;1UZ13$=KBSU:=/F6+A1<CD;1BSUCDIaY/F6A3$=8CDtc=FOE=/F6AB-IHE1<C`c6
3$=KBVU:68Z=K`_LY=KBVU:=_[ 6A-MUCDM4E-MD>/:ED;13$6 l 4o=K<LEBT1 y OE=KBY8CDMU =F8:4E-MD>/KDMUZ13$=KBVU:=/F6+A1<CD;1BSU:=0=47=K<qLEB5=K->=K3$=KBVU:6
XYBEDMU:65314ED>/F/F6A->6OQD y Ic6A-MLE3$=DMBVU:6A<CBY61 j j n r n d
+
!
!
f
f
j n
j l l n l l j + j n r n f ~ l l j + j n r n
x Q[: c|
OE62c= NDM-U:=K35476 4E<:6A4E<CD>6OE=K-M-;104T1<CUCD>/F=K-M-;1QU[ < EED;13$66AUCU:=KBVLEU:6LEB <CD>8CLE-MUZ1U:6DMBSA1<CD;1BSU:=*KEAtKY0@
DM- y Ic=KUCU:6A<:a= < l aRVLEDMBYOQD l OE=Kc==F8:8:6*8CU:=F8Z8:6*UC<Z1A8?@6A<C31<:=/F6A3$=LEB y Ic=KUCU:6A<:=_[ <BT1->6A`c6<Z1`_D>6ABT13$=KBVU:6
_1->=47=K<0->=*1-MUC<:=OE=KBY8CDMU Q[
0
471
*)
*)
AaA
VGgW(
XIKN $
G SX
NKI u
GPMNKXPMG Q $uG $ u
N u
JVLONKGPMQ
NKPMN XIKQ
,.-3$6A3$=KBVU:6w/F6ABEDMLE`V1U:6OE=K-M-;14T1<CUCD>/F=K-M-;1
8CUZ1U:65`_D /21->/F6A-;1U:6$BY=K-M-;1 x Q[Q{+|d
~ r
f
+ r + + + j n
x Q[:c|
: gg: _ /
T_
#% %"
/
'
p]j
w . n f
+ - + p + - + }r s g p ss f
f + - + }r s g p s
s
J-MDM35DMBT1BYOE6 UC<:6+SD;13$65DMBQXYBY=_d
+
& f jzr s n s s j p + n s
x Q[*) c|
+
;=*/F6ABQ? <:6ABVUCD;13$6w/F6ABP-IHE135DM-MU:6ABED;1BT1$OE=K-M-;14T1<CUCD>/F=K-M-;1$-MDM7=K<Z1Qd
& f jzr s n s j n s
x Q[*)Q{+|
+
c=FOQD;13$6/:Y=-IH^DMBVU:=K<Z1FD>6ABY=POQDLEBT14T1<CUCD>/F=K-M-;1/21<CD>/21DMB}LEB/21354o6=K->=KUCUC<:6A31`_BY=KUCD>/F61A8:8:=K`_BT1U:68CD
DMBVUC<:6OQLY/F=/F6ABb-;1 7 cK@A7 b T $A>Kd
& & p '
x Q*[ )_c|
+
+ p +
62c=K<:6EaEDMBPU:=K<C35DMBED^/F62_1<CD;1BVUCDId
l lp l
x Q*[ )_c|
6ABY/K-MLYOQD;13$6w/F6ABG-IHE135DM-MU:6ABED;1BT15OE=K-/21354o65
e =K->=KUCUC<:6A31`_BY=KUCD>/F6Eg[ ;SD74T1<CU:=OY1-M-;1OE=XYBEDMFD>6ABY=*OE=K3$6A3$=KBVU:6w/F6ABEDMLE`V1U:6OQD l d
l f k f l
Q*[ ) y |
x
t
k
k
6AUCD;13$6/:Y
= f C fh aN/F6=K<:=KBVU:=K3$=KBSU:=P/F 6AB! DM-?@1UCU:6/:Y= BY6AB wLEBT1<:=21->=_1<CD;1EDM->=GOE=K/21354o6*=K->=KUCUC<:6A31`_BY=KUCD>/F6E[N,.BY6A-MUC<:=_aV/F6A3$=1EED;13$6*D>8CU:6BY=K-M->=0=FRSLT1FD>6ABED x Q[Q{+|#= 8:=K`_LY=KBVUCDIaS476_8Z8CD;13$6
8:/F=K`_-MD>=K<:=LEBT15`V1LE`c=DMBP/KLEDDM-4o6AU:=KBEFD;1->=c=KUCU:6A<:= UC<Z1A8:c=K<:8:6Ed k w w f [J,BPRSLY=F8CUZ1`V1LE`c=_a
w f pk w f w
x Q*[ )_c|
6 OY1UZ15OY1Qd e
HY135DM-MU:6ABED;1BT1$OE=K-/21354o
& # &
f %(' % 5+ - j@k + nqp
5 ' &
f %(')+* % p j p (n ' f
f ig %(' % j s s (n ' p ig %(' s
f
&
q+ +
4
0 47698
Q[ :c|
& f j + i + n s = = =A!uj s r = = = n
x
r
1 w8CDM353$=KUC<CD;18? =K<CD>/2
1 *<CD>OE6AUCUZ11AOPLEBT18CDM353$=KUC<CD;1w1A8Z8CD;1->=_aYDMBSU:6A<CBY61-M-;1wOQDM<:=KFD>6ABY=OQD wa+ T47=K</KLED
OE6AEED;13$6UC<Z1UCUZ1<:=8:=K4T1<Z1UZ13$=KBVU:=->=A1<CD;1EDM-MDJ r
OY1-M->= 2 r | = sr V[,.BVUC<:6OQLY/KD;13$6Ea1-476_8CU:6wOQD
RSLY=F8CU:=LE-MUCDM3$=_aY->=_1<CD;1EDM-MD/F6A354E->=F8:8:=_d
f
+s ' f | +
x Q[ {+|
*)
: gg: _ /
=FOGDMBY6A-MUC<:=_d
T_
#% %"
/
f +i
f | + 8
x Q[ Ac|
8Z6ABY6Ed
==FRVLT1FD>6ABEDOQD^135DM-MU:6ABP4o=K< ->=*/F66A<:OQDMBT1U:=UC<Z1A8Cc=K<:8:=1
'
k & + k & f +
f
'V
k | k
r
OE62c=1EED;13$6$DMBVUC<:6OE6AUCU:6$-;1:CKY2bA9 >A$AKd
f
i
x Q[Ac|
r =
=XYBED;13$6$LEBT1 BSLY62_15_1<CD;1EDM->= j n 4o6ABY=KBYOE6Ed
f
j n j n w
x Q[ y |
HY=FRSLT1FD>6ABY=4E<:=F/F=FOE=KBSU:=/KDO Qd
' w f
x Q[Ac|
'V
r
/:Y=8CLE`_`c=K<CD>8:/F=*OQD<CD>OE=XYBEDM<:=1BY/:Y=*DM-3$6A3$=KBSU:6w/F6ABEDMLE`V1U:6EaY476ABY=KBYOE6Ed
j n f j n w
x Q[ )c|
15=FRSLEFD>6ABY=*OQD135DM-MU:6ABb4o=K< 8CD8:/K<CDMc=*1-M->6A<Z1Qd
&
&
' f ' + w f
k
k
+
f
j
p
j
'V
'c
k
ks n
Q[:_|
f p ko u i
+ f jp k7 u i + n w
x
k
k
OE62c=$1EED;13$6G6A3$=F8Z8:6U:=K<C35DMBED#RSLT1AOQs <Z1UCD>/KDJBY=K-J/21354763s 1`_BY=KUCD>/F6Ea/ZY=58:6ABY6wUC<Z1A8:/KLE<Z1EDM-MDJBY=K-M->=5/F6ABQ
OQDMFD>6ABED8C4o=K<CDM3$=KBVUZ1-MD^LY8CLT1-MDI[
D ]= 6AEo=FOQD
1/F6ABY/K-MLY8CD>6ABY=5/ZY=58CDq6AUCUCD>=KBY=5OY1-M->= =FRSLT1FD>6ABED Q[ Ac| = Q[ :_| /ZY=->= _1<CD;1EDM-M
x
x
8:/F6ABY61-M->=8CU:=F8Z8:==FRSLT1FD>6ABED7OE=K-73$6AU:6 OE=K-M-IHS1U:6A3$6 DM3547=K<CUCLE<CT1U:6E[N1-M-;1 Q[ |Nc=FOQD;13$6/ZY=1-73$6AU:6
DM354o=K<CUCLE<CT1U:6 8:DT8:62<Z14E4o6ABY=LEBw3$62DM3$=KBVU:6OQDT4E<:=F/F=F8:8:D>6ABY=DMBSU:6A<CBY6 1-7/21x 3547y 631`_BY=KUCD>/F6/F6ABw-;1? <:=
RSLY=KBE+1*OQD 1<C3$6A<2[J,.-Y3$6AU:6-MLEBE`c6*BY6AB DMB YLY=KBE+1U:61 1UCU:6OY1-T/21354o6 x OE=K-T<:=F8CU:6Eac-;1/F6A354o6ABY=KBVU:=
$OE=K-M-;1 ?@6A<C+15OQD 6A<:=KBSUC BSLE-M-;1c|[
;=1A8Z8CLE35D;13$6$/:Y=*DM-3$6AU:65DM3547=K<CUCLE<CT1U:6w8CD;1$1<C3$6ABED>/F6$/F6ABP?z<:=FRSLY=KBE+1
aY1EED;13$6Ed
j n f w x w r f w
4o=K< ->=*8:6A-MLEFD>6ABEDOE=K-M-;1 x Q*[ ):c|3$=KBVUC<:=_d
f w u x
jn
w f r f w
x Q[ c|
4o=K< DM-3$6AU:65BY=K-/21354o6531`_BY=KUCD>/F6E[
1A8:8:6A<CEDMUZ1$65=K3$=F8:8Z15OY1-M-IHT1U:6A3$6DMBb/F6ABYOQDMFD>6ABEDBY6A<C31-MDIaTBY=K 1$<CDM`V158C4o=KUCUC<Z1->=*/F6ABG? <:=FRVLY=KBE+1
)
0 8:0
BY=K-M-;1GOQDM<:=KFD>6ABY=$OE=K-(/213547631`_BY=KUCD>/F6Ea/KLED#BY6AB4ELP/F6ABSUC<CDMELEDM<:=$DM-J3$6AU:6G-MLEBE`c6PTa/F6ABVUCD>=KBY=w8:6A->6->=
4E<CDM3$=*OQLY=*/F6A354o6ABY=KBVUCDI[
6 7=F=K31B}tA$A>:|[
=4E<:=KSD>8:D>6ABED/K-;1A8:8:D>/:Y=8Z6ABY6$<CD>8C4o=KUCUZ1U:=*DMBLEB/F=K<CU:6$BSLE3$=K<:6wOQD/21A8CD = =KUCU:
,.B1-MUC<CDJ/21A8CDIatUCLEUCUZ1FD;1Qao-;18CUC<CLEUCUCLE<Z1OE=K-M->=-MDMBY=F= BY=K-/21354o631`_BY=KUCD>/F6 x 4ED /F6A354E-MD>/21UZ1Q[ Ht= =KUCU:6
7=F=K31B_tA$AMJ8CD_4EL 8:4ED>=K`V1<:=#8:6A->6 U:=KBY=KBYOE60/F6ABSU:6OE=K-c3$6A3$=KBSU:631`_BY=KUCD>/F6 OQDV8C4EDMBOE=K-M-IH+=K->=KUCUC<:6ABY=_a
8CLP/KLEDU:6A<CBY=K<:=K3$6BY=K-M-;
1 ;=Kc[ Y[
P
W
+ ' W'w
w w p f w w p ig s p s
f ig
w)
w)
/F6AB m f aE8:=K`_LY=*/ZY= x 8CD/F6ABQ? <:6ABVUCD^/F6ABG-;1 x Q[ y |C|
f ig %(' s s
r
/F6ABY=*8CDc=FOE=?@1A/KDM-M3$=KBSU:=*DMBVU:=K`_<Z1BYOE647=K< 4T1<CUCD^=FOGLY8Z1BYOE65-;1-
=*<:=K`c6A->=*OQD/F6A353LEUZ1FD>6ABY= /21BY6ABED>/:Y=47=K< ->=
l = w x+r~ f
r r
l .j - n .j - r n f
/ w .j - r n r y .j - r n 1 f
/ y .j - r n r .j - r n 1 f
f
s s
- m
f [ |
ri r
x Q[*_c|
x Q[*_c|
x Q[* y |
x Q*[ _c|
x Q*[ :)c|
: gg: _ /
T_
#% %"
/
AAEC
=K-M-;1`V1LE`c=*OE=XYBEDMUZ15OY1-M-;1$/F6ABYOQDMFD>6ABY=
DM-4o6AU:=KBEFD;1->=*c=KUCU:6A<:=*8:6OQD>8?I151-M-;1
-
f
r
XRPMQ
uN OG
x Q[*_|
0 8:0
Q*[ _c|
r
.j - r n f g
x
u
OE62c= u DM-c6A-MLE3$=*OQDBY6A<C31-MDMF+1FD>6ABY==
f =
x Q*[ :)c|
y
15/F6ABYOQDMFD>6ABY=OQD`V1LE`c= Q*[ _|DM354E-MD>/21$/:Y=DM-c=KUCU:6A<:=OQD476A-;1<CDMF+1FD>6ABY=`c6SOE=OE=K-M-;154E<:6A4E<CD>=K
U
x
- f r
Q*[ _|
x
/KD>6 P/:Y=b47=K<6A`_BED c=KUCU:6A<:=bOH 6ABYOY
1 Ja `_D; 1A/F=b8:LE-04ED;1BY6W4o=K<C47=KBYOQD>/F6A-;1<:=1 J[\^6_8Z8CD;13$69RSLEDMBYOQD
OE=XYBEDM<:=*OQLY=c=KUCU:6A<CD^LEBEDMUZ1<CD<:=21-MDIa 1BYO aEUZ1-MD/:Y= x !r f r i |
g
s
- 0
f /
x Q*[ :c|
=
- f =
x Q*[ :c|
18:6A-MLEFD>6ABY=`c=KBY=K<Z1->=OE=K-M -;1 Q*[ |N/:Y=8:6OEOQD>8?I1*1-M-;1/F6ABYOQDMFD>6ABY=OQDT`V1LE`c= Q*[ _|#8:Dt6AUCUCD>=KBY=OY1-M-;1
/F6A3EDMBT1FD>6ABY=-MDMBY=21<:=*OE=K-M->= j.- x r n*y x <CD>/F6A<:OQD;13$6w/:Y= j.- r n LEBT1? LEBEFD>6ABY=*x<:=21->=+|
.j - r
n f
s ~ j.- r n^ j.- r n
)
s ~ j n j.-^n j n j.-^n
)
OE62c=1EED;13$6OE=XYBEDMU:6
j n f x w
=->=? LEBEFD>6ABED
j.-^n f g u
8:6OEOQD>8?I1BY6->=<:=K-;1FD>6ABED^OQD6A<CU:6ABY6A<C31-MDMU
x Q[M{Q{+|
x Q[M{ _c|
w
-
%('
x Q[M{ c|
r
j.-^n j.-^n f
f0/ / =
x Q[M{_c|
u
;6_8CUCDMUCLY=KBYOE6*BY=K-M-IH =F8C4E<:=F8:8CD>6ABY= OE=K-M-IH =KBY=K<C`_D;1OE=K-Y/21354o6=K->=KUCUC<:6A31`_BY=KUCD>/F6/K-;1A8Z8CD>/F6 8CDE/F6ABQ?z<:6ABSUCDT/F6AB
x
-;1 x Q[ y |C|
f ig %(' s s
f ig %-' s
k s
x Q[M{ y |
k
%('
: gg: _ /
T_
#% %"
/
~ j n
j.-^n = =
.
j
^
=
=
j
n
k
k
f %(' f ys / / r
u
/:Y=(8CDV= =KUCUCLT1BY6 ?I1A/KDM-M3$=KBVU:=NLY8Z1BYOE60->=#/F6ABYOQDMFD>6ABEDQOQDc4o=K<CD>6SOQD>/KDM
U 8CLEDco6A<:OQDVOE=K-Vc6A-MLE3$=(OQDcDMBVU:=K`_<Z1FD>6ABY=
=#->=ND>OE=KBVUCDM
U j n - j n f -@~ j n - ~ j n Q= j n f - j 3- n2p s [
i-MDDMBSU:=K`_<Z1-MD^/F6A<C<CD>8C4o6ABYOE=KBVUCDJ1-/F6ABVUC<CDMELEU:6wOE=K-/2135476=K->=KUCUC<CD>/F6$8:6ABY65DMBSc=F/F=OE=K-UCDM4o6
k
k
j n=
f
/
/
% '
y
y
.
j
^
n
.
j
^
n
j
n
k
k
,.-<CD>8CLE-MUZ1U:6XYBT1->=
f ys ~ j n j n j n j n r
x Q[M{ :)c|
f ig j s ys s n r
x Q[M{ :c|
OE62c= 1BYO 8:6ABY6->=_1<CD;1EDM-MD/21BY6ABED>/:Y=/K-;1A8:8CD>/ZY=_aT/:Y=8:6SOEOQD>8C?@1BY6$1-M->==FRSLT1FD>6ABED^OE=K-3$6AU:6
j n f p ys j n r j n f p ys j n =
x Q[M{ :c|
6ABQ? <:6ABVUZ1BYOE6w-;1 Q[M{ :)c|01-M-;1 Q[M{ :c| c=FOQD;13$6$8CLEEDMU:6$/ZY= v/F6ADMBY/KD>OE=/F6AB 8Z=
x
x
f i g y j y + n r f i g y j y p + n r
x Q[M{_{ c|
0 8:0
62c=K<:6$8:=
f r
f p + y j p n=
x Q[M{_{_{+|
LY=F8CU:65<CD>8:LE-MUZ1U:68CLE`_`c=K<CD>8:/F=OQDDMBVU:=K<C4E<:=KUZ1<:= /F6A3$=*-IH =KBY=K<C`_D;1OQDLEBPDMBY8CD>=K3$=OQD6_8:/KDM-M-;1U:6A<CD^/K-;1A8Z8CD>/KDI[
,.-4T1A8:8Z1`_`_D>61-q/21A8:6RSLT1BVUCD>8CUCD>/F6EaoLY81BYOE6DM-? 6A<C31-MD>8C3$6OE=F8:/K<CDMUCU:6BY=K-M-IH < 4E47=KBYOQD>/F= DM353$=FOQD;1U:6E[
H =KBY=K<C`_D;1OQDLEBb8CD>8CU:=K31OQD6_8Z/KDM-M-;1U:6A<CDRVLT1BSUCD>8CUCD>/KDT1 DMBQ?I1UCUCD-;1 ?@6A<C31
y
f i
r
x Q[M{_{2c|
f
j n j n =
x Q[M{_{2c|
=FO LEBH 6A4o=K<Z1U:6A<:=*BY=K-M->6$8:4T1FD>65OQDDM-Mo=K<CU D/KLEDc=KUCU:6A<CDOQD^8CUZ1U:658:6ABY6
r r
Q[M{_}{ )c|
r
x
= = =
= = =
OE62c= DM-oBVLE3$=K<:65OQDoRVLT1BSUCDBY=K-73$6OE6OQD76_8Z/KDM-M-;1FD>6ABY=/21<Z1UCU:=K<CDMF+1U:6$OY1-oc=KUCU:6A<:=OH 6ABYOY1 =OY1c=KUCU:6A<:=OQDo476A-;1<CDM F+1FD>6ABY= [ 658CUZ1U:6 x Q[M{_}{ )c|8CDt4EL 6AUCU:=KBY=K<:=*14T1<CUCDM<:=OY1-M->658CUZ1U:6OQDoSLY6AU:6EaQ/ZY=
/F6A<C<CD>8C4o6ABYOE=1 aYLY8Z1BYOE65-;1
n
j
r r
=
f
x Q[M{_{]_|
= = =
;SDJBY6AUCDJ/:Y=BY=K-M-;1 Q[M{_{2c|1EED;13$6G8Z=K4T1<Z1U:6DM-#/F6ABVUC<CDMELEU:6POE=KDqU:=K<C35DMBED#/F6ABVU:=KBY=KBSUCD(6A4o=K<Z1U:6A<CD#OQD
/K<:=21FD>6ABY= x b j n | =*1x BEBED>/:EDM-;1FD>6ABY= x j n |[ SD;13$=KBSU:=*8CDT15/ZY=
f
j n
=
x Q[M{_}{ c|
;/F=K`_-MD>=KBYOE
6 /F6A3$=2=K<:6OE=K-M-;18:/21-;1$OE=K-M->==KBY=K<C`_D>=_a7-IH T135DM-MU:6ABED;1BT1OE=K-/21354o6=K->=KUCUC<:6A31%
`_BY=KUCD>/F65<CD<CD>OQLY/F=1
f y v r
x Q[M{_}{ c|
: gg: _ /
/F6AB
v
f aE=8:6OEOQD>8?@1 -IH =FRSLT1FD>6ABY=1`_-MD^1LEU:6+A1->6A<CD
r r = = = f
y
r
x Q[M{2 c|
\6AD>/: j n 0-MDMBY=21<:=0BY=K`_-MDT6A4o=K<Z1U:6A<CDtOQDT/K<:=21FD>6ABY==0OQD>8CUC<CLEFD>6ABY=_aOY1-M->=0<:=K`c6A->=OQDt/F6A353LEUZ1FD>6ABY=
~ r v f / r 1 f/ /
x Q[M{2Q{+|
T_
#% %"
/
r
= = = =
f / r 1 f/ / r
x Q[M{2_c|
8:=K`_LY=/:Y=-IH 6A47=K<Z1U:6A<:= v BY6AB /F6A353LEUZ1/F6AB j n a =bRSLEDMBYOQDBY=K4E4ELE<:=/F6A B]D/21354ED =K->=KUCUC<CD>/F6}=
31`_BY=KUCD>/F6 = [ LY=F8:U:6G<CD>8CLE-MUZ1U:6GDM354E-MD>/21G/ZY=$DJ_1->6A<CDNOQD = =`_-MD# BY6ABW4o6_8:8:6ABY6b=F8:8:=K<:=
35 D>8CLE<Z1UCD#8CDM3LE-MUZ1BY=213$=KBVU:=w/F6AB4E<:=F/KD>8CD>6ABY=$1<CEDMUC<Z1<CD;1Q[,BY6A-MUC<:=_aOY1-M-;1-MDMBY=21<CDMU
GOQD j n BY=K`_-MDJ =
aE8:=K`_LY=1BY/ZY=*/:Y=DA1->6A<CDOQD^1A8:47=KUCUZ1FD>6ABY= 1BYO BY=K`_-MD8CUZ1UCD x Q[M{_}{ )c| 8Z6ABY6UCLEUCUCDBVLE-M-MDI[
(-;1A8:8:D>/213$=KBVU:=_a -IH DM354ELE->8:6OE=K- /21354o6=K->=KUCUC<:6A31`_BY=KUCD>/F6 OY1U:6OY1-c=KUCU:6A<:=OQD \^6 SBSUCDMBE` 8CD
x
/F6ABQ? <:6ABVUCD^/F6ABG-;1 x Q[ y |C|
&
Q[M{2_c|
f %-' f p %(' k j n =
x
k
;6_8CUCDMUCLY=KBYOE6-;1 Q[M{_{ |BY=K-M-;1 Q[M{2_c|UC<:6+SD;13$6
x y
x
f g
i
f i g
f v =
x Q[M{2 y |
/ r v 1
"
0 8:0
EO 62c=_at62SD;13$=KBSU:=_a f [
i n 3$6_8:UC<Z1W/:Y=bDM-RSLT1BVU:6}OE=K-/2135476=K->=KUC<:6A31`_BY=KUCD>/F6OQD=KBY=K<C`_D;1 y f
H =FRSLT1FD>6ABY=
j
=g
T1DM354ELE->8:6Ja(=4ELRVLEDMBYOQD0=F8:8Z=K<:=D>OE=KBVUCD XT/21U:69/F6AB!LEBT14T1<CUCD>/F=K-M-;1WOQD 31A8:8Z1BVLE-M-;1 x /F6A3$ =G8:=K`_LY=
OY1-M-;1 ys p s f |aTDM-?@6AU:6ABY=_[ 15BT1UCLE<Z1$/F6A<C4ELY8:/F6A-;1<:= OE=K-M-;15<Z1AOQD;1FD>6ABY==K->=KUCUC<:6A31`_BY=KUCD>/21 8CUZ1UZ1
/F6ABQ?@=K<C 31UZ1BY=K- }{ __wOY1-M-IH 6_8:8:=K<C_1FD>6ABY=5OE=K-M-IH = o=KUCU:6 6A354EU:6ABa/KD>6 OE=K-M-;1/F6ABY8:=K<C_1FD>6ABY=OQDqDM354ELE->8:6
=FOP=KBY=K<C`_D;1BY=K-M-IH LE<CU:6w=K-;1A8CUCD>/F65UC<Z1?@6AU:6ABED=FOG=K->=KUCUC<:6ABED1U:6A35D>/KDI[
AA
F "NKP
ZMQUI G u
GPMQ
w k
' f %('
Q[M{2 _|
s k w p]j s p s n =
p
x
k s
k
w)
;6_8CUCDMUCLY=KBYOE6-;1 Q[M{_{ |BY=K-M-;1 Q[M{2 _|UC<:6+SD;13$6w/:Y= ' 8:6OEOQD>8?I151-M->=<:=K`c6A->=*OQD/F6A353LEUZ1FD>6ABY=
x y
x
Q[M{2: c|
/ ' r 1 f + 7 p 7 s r
x
OE62c=*1EED;13$658Z/F=K-MU:6-IH1A8:8:= -MLEBE`c6-;1 OQDM<:=KFD>6ABY=OEs =K-c=KUCU:6A<:=OH 6ABYOY1 J[ ;SD7BY6AUCD/ZY=8:6A->6 DM-8:=F/F6ABYOE6
U:=K<C35DMBY= BY=K-M-IH DMBVU:=K`_<Z1BYOE65OE=K-M-;1 x Q[M{2 _|aS/ZY=4o6_8:8CD;13$6DMBVU:=K<C4E<:=KUZ1<:=/F6A3$=3$6A3$=KBSU:651BE`c6A-;1<:= OQD78C4EDMBa
O 5/F6ABSUC<CDMELEU:6$BY6ABPBSLE-M->61-/F6A353LEUZ1U:6A<:= x Q[M{2: c|[
;
=XYBED;13$66A<Z15DOQLY=BVLY6+SD6A4o=K<Z1U:6A<CD
f g i + r f g i p + r
Q[M{2: c|
x
/:Y=5/K<:=21BY6?@6AU:6ABEDq476A-;1<CDMF+1UCTD kF t k:AMA$KTs Ka/KD>6 ? 6AU:6ABEDJDM-J/KLEDJ8CUZ1U:6OQDJ4os 6A-;1<CDMF+1FD>6ABY= OE=F8Z/K<CDMUCU:6
OY1Dc=KUCU:6A<CD
Q[M{2 c|
r
f g j p + n =
f g j + n
x
i
i
\6ABY=KBYOE6 hj r r n = hj r r n =s <CD>8:/K<CDMc=KBYOE6b-;1 x Q[M{2:c|DMB9U:=K<Cs 35DMBED(OE=KD#BSLY62D(6A4o=K<Z1U:6A<CD
6AUCU:=KBED;13$6$->=<:=K`c6Ag->=OQD/F6A353LEs UZ1FD>6ABY= g
/' r 1 f r /' r 1 f p r
x Q[M{2Q{+|
OY1-M->=RVLT1-MD78:=K`_LY= /ZY=-;1U:=K<C+1/F6A35476ABY=KBSU:=OE=K-t3$6A3$=KBVU:6$1BE`c6A-;1<:=OE=K-M->68:UZ1U:6/F6ABwLEB?@6AU:6ABY= OY1UZ1
OY1-M->=
'F f / ' r f r
1
x Q[M{2_c|
'F f / ' r f
1 p =
x Q[M{2_c|
LY=F8CU:6w<CD>8CLE-MUZ1U:6w3$6_8CUC<Z1$/ZY=DM-^? 6AU:6ABY=T18:4EDMB
a7/F6A3$=<CD>/:ED>=F8CU:6OY1-M-;1$BT1UCLE<Z1c=KUCU:6A<CD;1->=OE=K/21354o6 =K->=KUCUC<:6A31`_BY=KUCD>/F6EaT= /ZY=->= OQLY=4E<:6AD>=KFD>6ABED' f fg /F6A<C<CD>8C4o6ABYOE6ABY651`_-MDo8:UZ1UCDt4o6A-;1<CDMF+1UCD/KDM<
/F6A-;1<C3$=KBVU:=_[ H1A8:8:=KBE+1 OE=K-M->658CUZ1U:6 /F6AB ' f LEBT1/F6ABY8Zg =K`_LY=KBE+1OE=K-M-;1/F6ABYOQDMFD>6ABY=OQDtUC<Z1A8Cc=K<:81-MDM
U
x Q*[ _|aY/ZY=1ET1A8:8Z1OQDLEBY6$DM-BVLE3$=K<:6wOQD`_<Z1AOQDOQD-MDMo=K<C
U Q[
: gg: _ /
T_
#% %"
/
!"#!$&%('*)*)+",)+.-/(0#!,!#!,)+213546#!78,!#!,)+:9
<;=!"#!$&%(>*?A@!6"5BCDFE"GBH46AI!,)5
<J=KC9ML9:NC54:O0#IP%"QRMS8!,)+UTWVX
+YPJPY&Z\[P[&]8^:_9:13?PI5:`54,a%M'b5D?A@I*C"34Oc8de)+Aa9:13?fS&98NC54gP,hMP%"T
VX
+Yi0j&ZkJPj:9
"
iAKC9'b:4O%(lF9nmM( %n-/(M#!"DKG,54,o>C*?A@!S&%nL9:pWSM4,5Sqrm8?A+%
+YP[i9
<s=tu9:tU9:N\?Ag&?A4"vw?+7w%"xy98zU9mM"@!{&?+7w% } |(~!+A"*~`A|b~O2~:~:!A
X5"A|(~,f!/\
%80#I5@I)5,5)*
QR"v"4,!5@I+%n)P9%"t5 ?A@!{w%
+YPsPY:9
<=u9"dU9"?A@I5M#!$&%n>C>C*?A@!S?#!R4,*)5#!@I?A%(x?f7&5@
]fQ9ndu9"'9"x@A)P%n3 }|n5n_0
2IIIA|`IC"A|(~
~`I %QA?A4,?2NC?A@!"gP",5@!O%
+YPsPY:%"E9J&]8
P9
<[=l4*IE5@!D5M#!?A?2"?+78"#!G.ly9lv"@!,54,IyB\?A44O9%(7&*:GE9P9ly9wlv"@!,54,IP%:#!@I5D54SbB\?A4,
d3M#!E"@I?A#I?A+%m8)5,5M#!()d/D5@!,)+%(x*)*5Dvw5@+%
+YPYP;UE9]A[=[PY:9
<Y=m9R,"54D2b5#34O%QR0S:+95#!#+9nPP%a
2V`;PjPjiMZ
+j=Fp9(QG"4tu9"NC?A"@/#!57&?A4"#!,?Ab?Q_0S:!,)*+%a
+Yi0Y:9
P
%(!"#!$u1e-'
+;=tu9:tU9:N\?Ag&?A4"vw?+7w%"xy98zU9mM"@!{&?+7w%( |(~!+A"*~`A|b~O2~:~:!A
X5"A|(~,f!/\
%80#I5@I)5,5)*
QR"v"4,!5@I+%n)P9%"t5?A@!{w%
+YPsPY:9
+J=m9R,"54D2b5#34O%QR0S:+95#!#+9(n%
V`;PjPjiMZ
9
5iA19nQ9K5S8"D2%n'9l544'"%QR0S:+91357w9a8n%
+YPJbVX
+YPsP[&Z
^n7&*:)ym9wm9l5@I!M#I5%wL9
N9n54,"?+78,)I%wm8?+78,5#+9QR0S:+9 L&>eQ%s&]AqVX
+YPs&]PZ
9
+s=L9B9(@I:S&%"
9m9>?fe5@+%(QRMS8+91/579Be]8%njPsPsPsPj:
2V`;PjPjPs&Z
^(
QR@!M#/d/@I)I"7&PRM)54O#!nAji
+;PjPsP:9
+=tu9(BCv"v"vw?"%(Q_0S:+9"1357w9"5#!#I5@I:rsPJ:
2VX
+YPPJ&Z
9
f]fm9_9nl46A!?+%L(94,?AEw?A"4,?P+%"_9('b6"O%Q_0S:+91357w9"rW
+;P[PsqVX
+Y&]Aj&Z
9
+[='9"/?Av(*S0A!"O%>9'A!{P*\:%(QR@I?AgP@+9>C*?A@+9(Q_0S:+9"n%(PsP;oVX
+Y&]AJ&Z
9
+Y=L9nm8)0e"g&5@+%d3"9?RQRMS8+9(%"i0j&]8%VX
+YPs&]PZ
9
<;Pj=m9_9nl46A!?+%t/)54O9"QRMS8+9(a%s&]AY:%VX
+YP:
fZ
9
<;:
k9'X?A@(:%(4t/?+7&?BHD5M#I?q8VX
+YPJ&]PZ
f]8
P9