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

)/0$
$
$
12345$67892:$
!
"#! $%&! '()&*(! +,+! -./0,! 1*.',! 2,'(1(3! .3! 1..34.5&4(6!
),44.7.! 1*.',! 1! )/$7(0(! 1*.',0(! 62#+,8! 39&9! .33.7.8! :3.! 0#!
0#1*&44.! 1/,'4(',&0! +,+.&;3.! .</&)&*=44.& 1*.'.! 1! )/$7(0(!
1*.',0(!4,!4&7.!<.>.%(0(?!!
!
,+! '()4.! 4,! </(0&/&! 1*.',! !"#$%&'( )*6! 3.7.8! :3.!#! 1*.'.!
(0&*.!-./0$8!4$%4.8!:3.!#!'!62#+&!1$"&13'.',*.!)',!/6),!1*.'8!
<.>.%(>!<.!2'$+,0!(!<.!24,:&4(#!4,!),44.&!1*.'.?!!
!
';&<.=)$ >? =)!$973"=)!$3#? =)!$$>">4=)$%$4"$$"$
';&<.=2$$
';&<.=: &'$$
';&<.=:(?2$$
';&<.=&(?>$$
%"4"$"$
!
$! .)4.0! (2! %3(>! /6).'! ).*%4,! 6'*63&16! 42$ )7! >3 >!92! 3$
$8#*%+%$ ,>8+2"5 &+%$ -234:!+%! '9784%?2!"5 &'$ 8:$!
4,5&(!1>&0#)8!'!)/$7.0!;!3,!%&!,>8+2!"5 2:$-2345!1!)/$7(0(!
.14.',0(! '*>8%.> 42!"5 &'$ 8:$! 1>&0#)9! *.*&+.! '1*&)13'(&!
3,+.7.! $9>' >!*>$ 3829 7! %:$ (! </.(1>.)(38! +,+! 0#! '()&*(8!
/,1<,)&4(&! 1*.',! 4,! :,13(9! +.4634.8! :3.8! &1*(! )*6! +,+.7.;
4(!$)&! 1*.',! 3,+(>! )'$>! /6).'! '! 62#+&! 4&! 4,>.)(3168! 614.!
'#/,%&44.(!-./0#!'!4=0!!#3&!4&!0.%&39!!
!
$.2&0(3&! 1&(:,1! 1*.'.! )&*&+( (! <.</.!$(3&! <.13/.(3&!
'&/3(+,*&4#(! (! 7./(2.43,*&4#(! /6)#9! ,&! 2,!$)&3&8! :3.!
'&/3(+,*&4#(!/6)!1.13.(3!(2!1*.'!1!3.(!%&!.14.'.(!(!1!)/$7(0(!
-./0,*&4#0! :,1360(8! ,! 7./(2.43,*&4#(! /6)! 1.13.(3! (2! 1*.'! 1!
3.(!%&!-./0,*&4.(!:,13&#8!4.!1!)/$7(0(!.14.',0(?!

33
!
!
/)+)0$ 111)0!$111)0!$111)0!$111$)0$$$
%$4"$"$$
/)+111"$
/)+111"$
/)+111"$
/)+111"$
/)+111"$
/)+111"$
/)+111"$
%$4"$"$
!
$! 4,5&0! 1<(1+&! 4&! >',3,&3! 7./(2.43,*&4.7.! /6),8! 39&9! 1*.'! +,+!
,-&.&)&+'( -%#!&+'( ,!"&%&+'( ,!"/%&+9! ,.! 3,+(>! 1*.'! '! /$11+.0!
62#+&!4&39!.4,:(38!1*.'.!)&*&+(4&!/,1<,),&316!:=3+.!<.!2'$+,0!(!
24,:&4(#! 4,! )&*( /! &+'( ,! 6'*6&316! 273,>!8+7 &+! (! /&2+.!
.3*(:,&316!)*6!4,1!.3!+.1'&44#>!<,)&%&(!1*.',!)&*9((
*.!%&!1,0.&!</.(1>.)(3!(!1!)/$7(0(!/$11+(0(!1*.',0(9!02!%3.7.!
-,+3,!+&5+.'1+((!)&*,&3!1*&)$#"((!'#'.)?(
!
1,*&+.! 7$ 937$ 3">92!$ 8#!33?>*>$ :.&?2!$ >2"2$2!34$ 42?>!'$
9>.+>!) >3453"$ $! 3,+(>! 1*.',>8! 4,</(0&/8! +,+! 01#.2!'( 3#4'(
5%5'( 26'( 7#"'( 7#/8#!%5'( $2$2)/!'( .#49*#!( (! 39)98! 0#! 4&! 0.%&0!
/,2*(:(3&!4(!.14.'#8!4(!-./0,*&4.(!:,13(9!$!4(>8!13,*.!!#3&8!
4&3!-./0#9!2*.',!%&!!"#$%&!'(!"#$%2!'(!"#$%:!77;+'(!"#$%:!<$2(
(!39!)9!>2"2$2!34$,>!8+>'9!
!
!
!"#$%#&'
3*(!2.13&!'49)! ! ! ! ! ! ! ! 5676898:9!
$.1</(6!3(&! ! ! ! ! ! ! ! ;<=7<:6>8<!
$1*&!)13'(&!/!?! ! ! ! ! ! ! 68!7>8@<AB<8:9!C68!68!@<AB6D>!9!
$#!'.)!! ! ! ! ! ! ! ! ! 7>87EB@6>8<!
$#!/,%&44#(8!;,68!;.&8!;#&F!'#!/,%&48!;,8!;.8!;#!! <@;=<@@>!
1'.(4.!(8!;,!68!;.!&8!;#!&! ! ! ! ! C>;;6>!

34
.,'(!1&3&G9!1H5!!.3!/!?! ! ! ! ! C6;<8C<=<!
,&10.3/6!!4,!/!I! ! ! ! ! ! ! 8>8>@D98D<8!J9EA=9C>!
K!*,),!3&L9!/!M! ! ! ! ! ! ! ;>@@<C<=<!
K+/$%,!#"((8!;,68!;&&8!;(&! ! ! ! 76=7>@D98D<!
K14.!',! ! ! ! ! ! ! ! ! N9@<!
K31$!313'(&! ! ! ! ! ! ! ! 9@@<8:9!
O,2*(:,!3&L9HO,2*(:(!3&GN! ! ! ! C6@D68AB<=<!
O&!2+.! ! ! ! ! ! ! ! ! ! C<76@9J<8D<!
O6)!''!/6)$!)! ! ! ! ! ! ! ! @<=6<!'8<EE9!@<=6<)!
2'6!24#(8!;,68!;.&8!;#&! ! ! ! ! 1>88<@@>8!7><=<8D<!
2*&!)13'(&!! ! ! ! ! ! ! ! 7>8@<AB<8:9!
2..34.5&!4(&!! ! ! ! ! ! ! 7>==<E9:6>8<8!=9;;>=D>!
P',3,!3&L9HP',3(!3&G1!3H:! ! ! ! ! 944<==9=<!
Q!/!>',3,!&38!>',!3(3! ! ! ! ! ! '9!RC9)!N9@D9!
S=3+.! ! ! ! ! ! ! ! ! ! C6@D68D9J<8D<8!7T69=9J<8D<!
U'*6!3&16L9HU'(!3&16G7!'H'*!/!M!! ! ! <@@<=<8!@<JN=9=<!!
!
!
(")*%+,-,.%/'
!
+/60.!(H+.!1'&44#(!<,)&%!! ! ! ! 79@>!C6=<DD>H68C6=<DD>!
,,/&!:(&!! ! ! ! ! ! ! ! ! 955<=N6>!
!
!
0&)&1%.*2'
!
M7=65<D<!6!;9=9C6AJ6!C<6!5<=N6!7T<!@<AB>8>8!J<DD<D<!EV977<8D>!7>==<DD>!
<!6J;9=9D<!<!J<J>=69?!
<2.4453:$$
W=<@9?!! !
W9@@9?! !
W9=D676;6?! !
529%!3745$
W=<@9?!! !
W9@@9?! !
W9=D676;6?! !

35
6924%!45$
XBD9?!! !
W9@@9?! !
W9=D676;6?! !
79%!453:!
XBD9?!! !
W9@@9?! !
W9=D676;6?! !
((
(
3-/'$4/5%')"6%7'68,92'
'
8682) 7 %7$!!
=>? !?( "#$%?( &> '(( &(% "(( $!("()) %*+( "?( , >+"?( ,>+,+'!?( '?#+%*+( ("( '?-$?%!?(
.+*?""+/(
/":$4>*>!$ -4>!2&$1*.!'.!(0&!*.!-.!/0$8! #!) >!$-4>!2&$'!62#+&!! 1$"&13'.',!*.!
)',!/6!),!1*.'8!<.>.!%(>!<.!2'$!+,0!(!<.!24,:&!4(#!4,!),!44.&!1*.!'.9!!
0 !?( !!?%)(+%?( %#1?( "(#+%!?%$!+(*?"" (&> '?'((%(.+*+(#1?('( (#+>>?!!+2(
L9! 2*.',!!(0&!#3!-.!/0$9!O,1<,),!3&16!4,!:,!13(9!
G9! 2*.!'.! /,1<,),!&316! 4,! :,!13(9! 1&!*,3&! 1/,'4&!4(&! 1! )/$7(!0(!
1*.',!0(!4,!4&7.!!<.>.!%(0(9!
Y9! +.13/.!(3&! 7./(2.43,!*&4#(! /6)9! ,,(3(!! 1*.',!! 1! 3.(! %&!
-./0,!*&4.(!:,!13&#!(!1!)/$7(!0(!.14.!',0(9!
Z9! +.13/.!(3&!'&/3(+,!*&4#(!/6)9!,,(3(!! 1*.',!! 1!3.(!%&!.14.!'.(!
(!1!)/$7(!0(!-./0,!*&4#0(!:,136!0(9!!
[9! 2*.',!!/,1<,),!#316!4,!:,!13(9!1&!*,3&!)'.(4.!&!1/,'4&!4(&9!
\9! 2*.!'.! .!*,),!&3! -.!/0.(9! 2*.!'.! .!*,),!&3! '.20.!%4.13&#!
/,1<,),!3&16!4,!:,!13(9!
]9! 2*.!'.! /,1<,),!&316! 4,! :,!13(9! "#! :=3+.! /,2*(:,!&0! .14.!'$! (!
-./0,!*&4$#!:,13&9!
!
!

36
 :,)*2'$-,4''
;",9<,1%*2='
(
043&/&14$#!-./0$!(0&&3!1*.'.!7#&36&)5!*;+9!K4.!.!/,2$&316!.3!
7*,7.*,! &36&)5!"34&3&+"5!8! :3.! 24,:(3! 5)"5!( 0&$./-'( 5)"5!(
&-532!:'( *57/!:( $&-&51"&572( '4,</(0&/?! &36&)5!"3( !"&.&7&!+(
3&%&!" )2(*.7),8!7#&36&)5!*;+(^!%3.!$2!1#!"0&("&-&!'(1"&(7#%34:!(
&3&+"5!9! ,,</(0&/8! )*6! :&*.'&+,8! :3.!#! 4&! $0&/&3&8! &),!
6'*6&316! 7#&36&)5!*&+! '!&2! &)#! 4&*&26! %(3&)9! +/&)*.%(3&!
(3,*&641+((!<&/&'.)!%3.7.!1*.',9!
(
8682) 7 %7$9$
6% "()) !?(" (&+>. (*?""?('?-$?%!((, >+"?(?(,>+,+%?!?($%(!> *$!!(7+((! "( %+/(
1!*(%&!4(&8! 4&.%(!),44>8! 4&'.!*&4.8! !&2.3:=34.8! 4,$7,!)8!
4&</&13,!44.9!
!
3,*,='
!
S,13&! 5&+! '! 1*.'&! )&*&!+! (0&&3! 24,:&4(&! )'(%&4(6! '! 1'.(! ).09!
+&5+.'1+((! <.+,2,*!4,08!:3.!'!/$11+.0!62#+&!4&3!)/$7(>! 1*.'8!
<.>.%(>! 4,! 1*.'.! )&*&+8! +.3./#&! !#! (0&*(! 3,+$#! %&!
-./0,*&4$#! :,13&! 1! 3,+(0! %&! 24,:&4(&9! ,.! .3+$),! <.6'(*.1&!
1*.'.!)&*&+_!
+/.(1>.)(3! .3! 13,/.(! -./0#! ),3&*&4.7.! <,)&%,! )&*&05( 1!
0&134#0!24,:&4(&09!!
!
8682) 7 %7$#$
8!("()) %*+(("(7+# 9+" >(+'(#?># !?(*((#+'!>$(>?(" ('?>(?(+>())+%! "?(?(7?>!(# "?(*?""?(
'?-$?%!((, >+"?/(':&/9!8!+,+,)$!8!,>9!=+..?%! !?(("(>('$"! !+2((
!
$
$

37
 12345$94>82:$
$
2*.'.! )&*&+! 13,'(3! 4,1! '! 4&+.&! 4&).$0&4(&?! +,+! %&! !#3&! 1!
-./0,0(! 1*.'_! ,%&3168! '! %3.0! .34.5&4((! 62#+! 1.'1&0! 4&!
3.:&49! K3:&7.! %3.! 2,'(1(3_! K3! /$11+.7.! 62#+,_! 1&(13'(3&*&4.8!
3$3!<&/&)!4,0(!.14.'4.(!2,+.48!(!</(3.0!4&!3.*&+.!62#+.'.(8!,!
'1&.!"((9!!
!
2.!13'&44.! 7.'./68! 0&%)$! <.*4#0! .!*,),4(&0! -./0.(! (!
<.*4.(! !&1-./0&44.13&#! 1$"&13'$&3! .7/.04.&! +.*(:&13'.!
6787:>!$ &:! 34#67! 7'9! U2#+! '..!"&! `4&! )&*,&3! 1+,:+.'a9! $!
1*.'&!)&*&+'(4,</(0&/8!<.!1/,'4&4(#!1.!1*.'.0!26(0#!0.%&0!
$*.'(3&!4&+.3./$#!,>!8+7 >3458!2,+*#:,#"$#16!'!3.08!:3.!
.)(4! (2! %*&0&43.'8! .!/,2$#"(>! -./0$8! (0&44.! '&"&13'&44,6!
:,13&! :)&*5;'( 2)&1&! $>$ 7!?>4>8>'$ 347!67 %! </.1'&:(',&3! <.!
1'62(! 1.! 1*.',0(! )&*'( )&*2'( )&*/( (! 39! )9! ,.! </.6'(3&16! '!
1.24,4((!'<.*4&!+,+!7/,00,3(:&1+,6!1.13,'4,6!:,13&!1*.',!.48!
+.4&:4.8! 4&! 0.%&38! 3,+! +,+! 3.8! 1! :&0! .4! ).*%&4! !#*! !#!
3>>4 >3%!453:8! :,13&! 5&+'( 4&! '#)&*6&316! 2)&1&! +,+! .1.!,6!
-./0,*&4,6! :,13&! /$11+.7.! 62#+,9! b1*(! 1/,'4(3&! 1*.'.8!
.!*,),#"&&! -./0.(8! 1! *(4(&(8! 1.13.6"&(! (2! )'$>! .3/&2+.'!
/,24.7.! c'&3,8! /&2+.! 7/,4(:,"(>! <.! c'&3$! )/$7! 1! )/$7.0!
'<.*.%(08! +/,14.(! (! 1(4&()8! 3.! 3,+.&! 1*.'.8! +,+! )&*&+'(
</&)13,'(316! *(4(&(8! 4,:(4,#"&(16! /&2+.! +/,14#0! c'&3.08!
4.!<&/&>.)6"&(!2,3&0!<.13&<&44.!'!4&.</&)&*=44.;1&/#(!c'&39!
$!4,/.)4#>!7.'./,>8!7)&!1$"&13'$&3!"/)&+'($/)&+'(!/)&+'($%&!(!
'3./,6!:,13&!*(4((!4,:(4,&3!1*,!.!.+/,5(',3&169!!
!
.)&1&! +&5+.'1+((! </('.)(3! 4,0! /,24#&! </(0&/#! 3,+(>!
<&/&>.)4#>!1*$:,&'!4&!1.'1&0!-./0&44#>!1*.'9!K4(!+,1,#3168!'!
.14.'4.08!4,/&:((9!O,110.3/(08!4,</(0&/!1*&)$#"(&!4,/&:(6?!
<#<$&!*'(<&%4$&!*'(751$&!*'(3&!5$&!*'(72-5<&!*2(
.)&1&!</.6'*6&316!1'62&!1!3'./(3&*&4#0!<,)&%.0F!'!1,0.0!)&*&!
4,/&:(6! 1.>/,46#3! (! 24,:&4(&! 3'./(3&*&4.7.! <,)&%,! <.3.0$8!
:3.!.!.24,:,#38!+,+(0!.!/,2.0!1.'&/5,&316!)&(13'(&9(
!

38
 *&0! !.*&&! ;! <(5&3! +&5+.'1+((! ;! :3.! 0&%)$! %3(0(! 1*.',0(! (!
4,13.6"(0! 3'./(3&*&4#0! <,)&%.0! 0#! 4,>.)(0! '! +,:&13'&!
68>+7)#!4>- &:$.97! 579!3,+(&!1*.',8!+,+!3#-=*'($./-=*((!39!
)98! .3*(:,#"(&16! .3! 3'./(3&*&4#>! <,)&%&(! $%&! 3.*&+.!
$),/&4(&0! :>!"2( %&!<2)3( 42*#12!"#%372( !0&5!*( 3?-&*'( :(
7#)&0&!%#7(>!"5*($.@-&*((!39!)9)9!0!2)&1&!1,0.!>4"%!-%7$9$+7!347$
#$287! %:$ #)7$ 2-% 2!74$ %*82!45$ 8>"5$ ,>8+2!"5 >*>$
68%!. 2?29!!
!
b13&! )/$7.(! /6)! 4,/&:((8! '! +.3./#>! -./0,! 1*.',! '#6'*6&316!
&"=! 614&&?! 72<.&<2%/!9'( 72/)2%/!9'( 0.2!!;<7/!9'( 0<%&"7/!9'(
0</!"/!9'( 0!/6/!9'( 015!"/!9'( 0"A*7/9'( 0!%#</!9'( 075139!'(
0$./"/!9'(0!*:!"$/'(0(&375!*$/'(0<.5$/!!$/'(0%.$-%:!)$/((!39!)9!!
.)&1&!.:&4&!614.!'()4.!1.:&3,4(&!</(13,'+.+;</&)*.7.'!72((*(!
0! 1! '(4(3&*&4#0! <,)&%.0! %&41+.7.! /.),! </(*,7,3&*&4.7.! (*(!
1$"&13'(3&*&4.7.9!!
$! +.4c&! +.4c.'8! 1.'&/5&44.! !&1-./0&44#>! 1*.'! '! /$11+.0!
62#+&! .:&4&! 0,*.8! 0.%&3! !#3&! ;! <(5&3! +&5+.'1+((! ;! `3.*&+.!
)&163.+;)/$7.(a8!4,</(0&/?!"2*'(4)#!3'("&-)2'($2$((!39!)9!!
(
8682) 7 %7$;$
B> *$#?!?( -"(( 77?>9(( '+,> ( #(! !(( ?( #?># !?( *(( # ,(>?( #+.?( * "" ( &+>. ( *?""?(
, >+"?('((,$C(>(#+'!>$(>?(("("+>+('(-%(&(# !+2(D ,?!?(#+' ('(-%(&(# ('</(16!)+$E(F($%(
.+*+(!(,(# .?%!?(>$''+2(
!
!
!
52?"3-7 %7$
!
.,+.48! 1-./0$*(/.',44#(! +&5+.'1+(0! ;! `62#+! 4&! )&*,&3!
1+,:+.'a!;!>,/,+3&/(2$&3!'1&!%('#&!./7,4(20#!(!.3*(:,&3!(>!.3!
(1+$113'&44#>! 0&>,4(20.'9! d3.! 24,:(38! :3.! '! </(/.)&!
1$"&13'$#3! 1.'1&0! /,2*(:4#&! 6'*&4(68! 4.! .4(! '1&8! ),%&! 1,0#&!
</.3('.<.*.%4#&! -,+3#8! 1'62,4#! 0&%)$! 1.!.(9!
+/.3('.<.*.%4#&! -,+3#! .:&4&! :,13.! 6'*6#316! 6'*&4(60(! 4,!
/,24#>! +.4c,>! .)4.(! 4&</&/#'4.(! *(4((9! d3.3! -,+3! 4,0!

39
).+,2#',#3! '1&! </.0&%$3.:4#&! 13&<&4(8! 7)&! +/,(4(&!
>,+,+3&/(13(+(! 10&5(',#3169! 2.'1&0! <.;)/$7.0$! /,!.3,#3!
0&>,4(20#F!.4(!/,!.3,#3!<.!</(4c(<$!'#+*#:,3&*6?!'+*#:(3&!
;!%*&+3/(:&13'.!&13&8!'#+*#:(3&!;!%*&+3/(:&13',!4&38!(!'1=9!
02!%3.7.!0#!)&*,&0!'#'.)8!:3.!62#+!^!4&!0&>,4(208!),%&!+.7),!
0#! /,110,3/(',&0! &7.! 1! 3.:+(! 2/&4(6! 62#+.'.7.! +.),F! 62#+! ^!
%3.!1(13&0,8!(!</(3.0!'&1&0,!./7,4(:&1+,69!
!
!
!"#$%#&'
!
$<.*4&!! ! ! ! ! ! ! ! 7>J;E<D9J<8D<8!;6<89J<8D<!
$1&.!!"((8!;,68!;&&8!;(&! ! ! ! A<8<=9E<8!B865<=@9E<!
$+*#:,!3&L9H$+*#:(!3&GN! ! ! 687EBC<=<8!977<8C<=<!B8!68D<==BDD>=<!
$#+*#:,!3&*&!'J9)! ! ! ! ! 68D<==BDD>=<!
$#+*#:9!3&L9H$#!+*#:(3&G9!! ! ! <@7EBC<=<!
e/,4(!:(3&G9!1!/!M! ! ! ! ! ! 7>84689=<!
1.+,!2#',3&L9H1.+,2,!3&L7!2H%! ! ! C6J>@D=9=<!
.,+.!4! ! ! ! ! ! ! ! ! ! E<AA<!
.'&4.!8!2'&4,!.! ..!';E9!2'&!4&68!2'&!4&&')! ! 98<EE>!'C6!79D<89)!
,1,!3&16L9!/!?! ! ! ! ! ! ! =6AB9=C9=<!
.*(!:&13'.! ! ! ! ! ! ! ! RB98D6Df!! ! !
.4&!:4#(8!;,68!;.&8!;#&! ! ! ! ! <@D=<J>!
07/,!3&!/.*&!'49)! ! ! ! ! ! ! 95<=<8!@5>EA<=<!!B89!;9=D<!
"&!134#(8!;,68!;.&8!;#&! ! ! ! ! C6!EB>A>!
,&).$0&!4(&! ! ! ! ! ! ! ! ;<=;E<@@6Df!
,&</&/#!'4#(8!;,68!;.&8!;#&! ! ! ! 7>8D68B>8!6868D<==>DD>!
K!*,),!4(&! ! ! ! ! ! ! ! ;>@@<@@>!
K!*,),!3&!/!M! ! ! ! ! ! ! ! ;>@@<C<=<!
K!/,2.',!3&L9!.!/,2g#8!.!/,2g&3h!!.!/,2g#3!! 4>=J9=<!
K+/,!5(',3&16L9H!
K+/,!1(3&16G9!.+/i5$1&8!.+/i1(5&16h!.+/i16316!!7>E>=9=@6$
K</&)&*=44#(8!;,68!;.&8!;#&!! ! ! C<D<=J689D>!
K1.!!#(8!;,68!;.&8!;#&!! ! ! ! ! ;9=D67>E9=<!
K3/&!2.+! ! ! ! ! ! ! ! ! ;<::>8!D=9DD>!
K33&!4.+!';E9!.33&!4+()!! ! ! ! ! @4BJ9DB=9!

40
+&/&>.!)4#(8!;,68!;.&8!;#&! ! ! ! C6!D=98@6:6>8<! ! !
+/('.)(!3&H+/('&13(!!</(0j/! ! ! 49=<!B8!<@<J;6>!
+/(!24,+! ! ! ! ! ! ! ! ! D=9DD>8!68C6:6>!
+/.0&%$!3.:4#(8!;,68!;.&8!;#&! ! ! 68D<=J<C6>!
+/.1'&!:(',3&16L9H!
+/.1'&3(!3&16G1!</.1'&:g1&8!</.1'j3(5&16h!</.1'j36316!
D=9@;9=6=<8!D=9EB7<=<!'=9=>)!
+/.3('.<.*.!%4#(8!;,68!;.&8!;#&! ! >;;>@D>!
+/.6'*6!3&16L9H</.6'(!3&16G1!'H'*! ! J9864<@D9=@6!
2'62&!'49)! ! ! ! ! ! ! ! ! E<A9J<8!8<@@>!
2+,:.!+!';E9!1+,:+(!)! ! ! ! ! ! @9ED>!
2.139'4i6!:,13&! ! ! ! ! ! ! 7>J;>8<8D<!
2..34.1(!3&16G7!!1H5!H2..34&13(!1&GN!1..34&1=316!1!/!M!
<@@<=<! 7>==<E9D>8! J<@@>! 68!
=<E9:6>8<!
23$<&!4&!'49)! ';E9!13$<&!4(8!13$<&!4&(8!13$<&!460)! A=9C68>8!A=9C>!
k*,!'*(',3&L,Hk*.'(!3&G7!$*.'*#!8!$*l'(5&h!$*l'63! 7>AE6<=<8!944<==9=<!
'
'
(")*%+,-,.%/'
(
m(3&/,3$!/4#(!62#!+! ! ! ! ! ! ! E68AB9!@D98C9=C!
,,/&!:(&!! ! ! ! ! ! ! ! ! ! 955<=N6>!
,,/.!)4#&!7.!'>/#! ! ! ! ! ! ! ;9=E9D<!;>;>E9=6!
2.:&3,!4(&!! ! ! ! ! ! ! ! ! 7>JN689:6>8<!
k),/&!4(&!!! ! ! ! ! ! ! ! ! 977<8D>!
+/&)*.!7! ! ! ! ! ! ! ! ! ! ;=<;>@6:6>8<!
+/(13,!'+,! ! ! ! ! ! ! ! ! ;=<46@@>!
!
O$!11+(&!<,)&%(!!! ! ! ! ! ! ! ! n!79@6!=B@@6!
0! 00&4(!3&*&4#(! ! ! ! ! ! ! 'o! 8>J689D65>)!
O! O.)(!3&*&4#(!!! ! ! ! ! ! ! '?! A<86D65>)!
$! $(4(!3&*&4#(!! ! ! ! ! ! ! 'I! 977B@9D65>)!
1! 1i3&*&4#(!! ! ! ! ! ! ! ! 'Q! C9D65>)!
*! *'./(!3&*&4#(!! ! ! ! ! ! ! 'M!! @D=BJ<8D9E<)!
+! +/&)*l%4#(!!! ! ! ! ! ! ! 'W! ;=<;>@6D65>)!

41
!
!
0&)&1%.*2'
!
M7=65<D<! 6! ;9=9C6AJ6! C<6! @>@D98D656! <! C<6! 5<=N6! 7T<! @<AB>8>8! J<DD<D<!
EV977<8D>!7>==<DD>!<!6J;9=9D<!<!J<J>=69?$
597 >! '89)$
M68A>E9=<?! !
WEB=9E<?! !
'9:.5$'49)!
M68A>E9=<?!! !
WEB=9E<?! !
/>?2.445$
XBD9?!! !
W9@@9?! !
W9=D676;6?! !
<8%9>$%!45=68%9734%!$
W=<@9?!! !
XBD9?!! !
W9@@9?! !
W9=D676;6?! !
<8>:9%!453:$
XBD9?!! !
W9@@9?! !
W9=D676;6?'' '
'
'
3-/'$4/5%')"6%'
'
>?9$84"++,'.,4,)/!,'%!*"++,$
p@6@D>8>! 59=6<! <@;=<@@6>86! 955<=N69E6! ;<=! ;=<76@9=<! RB98D>! @6! @D9!
C67<8C>9! n8! RB<@D9! E<:6>8<! 9NN69J>! 56@D>! !=3!"0#77&( -&0&.6!( <!
5!*#77&?!
`G&3!"0#77&( -&0&.:8! 0&%)$! <.*4#0! .!*,),4(&0! -./0.(! (!
<.*4.(! !&1-./0&44.13&#! 1$"&13'$&3! .7/.04.&! +.*(:&13'.!
<&/&>.)4#>!13$<&4&(aF!`$!1*.'&!)&*&+'(4,</(0&/8!<.!1/,'4&4(#!

42
1.! 1*.'.0! 26( 0#! 0.%&0! $*.'(3&! 4&+.3./$#! -./0&44.13&8!
2,+*#:,#"$#16! '! 3.08! :3.! .)(4! (2! %*&0&43.'8! .!/,2$#"(>!
-./0$8!5!*#77&!'&"&13'&44,6!:,13&!')&*)»9!
M68>86J6! C6! 5!*#77&( @>8>! $2$( .248! "&!17&F! 5!*#77&' @6! B@9! ;<=!
@>DD>E68<9=<8! ;=<76@9=<! >! =6N9C6=<9! M6! ;Bq! D=9CB==<! 7>8! `;=>;=6>a8!
`;=<76@9J<8D<a8!>!`<@9DD9J<8D<a!`9;;B8D>a9!!
(
8682) 7 %7$>(
B> *$#?!?( "?( &> '(( #1?( '?-$+%+2( 0 !?( !!?%)(+%?( ( (!0&44.( ?( ',(?- !?( " ( '$ (
&$%)(+%?(%?"" (&> '?2(
L9 1,8!),8!(!0&44.!%!3.!6!(!>.3&!*!1+,2!,3&9!
G9 ;! ,&!)$!0,#8!:3.!$!4&7.!!:3.!;4(!$)&!<.*$!:(3169!!
! ;! 00&44.8!.!!%!3.0!6!(!7.'./#!9!
Y9 3(!*(.3&!+,!<.*$:,!&3!4&!1+.*&+.!%$/4,!*.'8!,!(!0&44.?!`,.!'#(!
0(/a8!`.4,!06a!(!`r4.13&a9!
Z9 +/(5*(!! '1&8! +.7.!! 6! '#!2',*8! ,! (!0&44.! "$>(48! ,.'(+.'! (!
1&4(1.'9!
[9 00&44.!1!3.!.!(!04&!4/,!'(316!/,!.!3,3&9!
\9 $1=!!#!*.!(!0&44.!3,+8!+,+!6!</&)<.*,7,!*9!
]9 K4!/,11+,2,!*8!:3.!(!0&44.!.4!1.!(/,!&316!)&!*,3&9!
s9 2+,%(!3&!%&8!+$),!!(!0&44.!4,0!1*&!)$&3!.!/,3(!3&169!
t9 ;!*,+!%3.!3#!04&!':&/,!!2'.4(!*_!!
! ;!00&44.9!
Lu9 .)&1&!$+,!2,4.8!7)&!(!0&44.!'#!0.!%&3&!<.*$:(!3&!<.!0."&9!
LL9 "4&! !#! >.3&!*.1&! (!0&44.! <.)/&0,!3&8! ,! 4&! <.1<,!3&! <.;
4,13.6!"&0$9!!
LG9 00&44.!3,+.!(!*&!+3./!4,0!(!4$!%&49!
LY9 b=!.3&c!/.)(!*16!&"=!).!'.(4#!8!,!(!0&44.!'!LtZu!7.)$!9!
LZ9 v!<.:&0$!!'1&7),!!<*,3(!3&!).*%4,!!(!0&44.!6_!
!
&#')&5'
H2$( .24( @6! B@9! ;<=! 68C679=<! 7T<! B89! 7<=D9! 7>@9! w! 9;;=>;=69D9! <!
>;;>=DB899!I87TV<@@>!;Bq!RB68C6!<@@<=<!D=9C>DD>!7>8!`;=>;=6>a!>!7>8!
`A6B@D>a!`A6B@D9;;B8D>a!`;=<76@9J<8D<a9$
!

43
8682) 7 %7$?(!
B> *$#?!?( "?( &> '(( #1?( '?-$+%+2( 0 !?( !!?%)(+%?( ( +,+! /,2( ?( ',(?- !?( " ( '$ (
&$%)(+%?(%?"" (&> '?2(
L9 ,+!/,2!3#!4,0!4$!%&49!
G9 K4!'#!5&*!+,+!/,2!'!3.3!0.0&!43!+.7),!!6!</(5=*9!
Y9 d3.!+,+!/,2!3,!(7/,!8!+.3.!/,6!</('&)=3!',1!+!<.!&!)&9!
Z9 U!'13/&!3(*!+,+!/,2!3$!)&!'$5+$8!.!+.3.!/.(!0&:3,!*9!
[9 K4!.13,4.'(!*16!+,+!/,2!<&!/&)!4,!5&(!)'&!/&#9!
\9 $! +.4c&!! 7.!),8! 6! +,+! /,2! '! .!3<$1+&! !#*8! </.(2.5*.!! $! 4,1!
13/,!44.&!1.!#!3(&9!
]9 $.3! <.'&2*.!x! "#! 5*(! ).0.!(8! (! +,+! /,2! <.<$!34,6! 0,5(!4,!
0(0.!5*,!8!4,1!<.)'&2*,!9!!
s9 U! +,+! /,2! 4&! *#!(!3&*&! 1.'/&0&!44.(! 0$2#!+(8! 4.! %3,!
+.0<.2(!c(6!</.!13.!</&+/,!14,9!
t9 2,0! .4! +,+! /,2! 4&! .:&4&! 13,/,!3&*&4#(8! 4.! '16! (>! 7/$!<<,! '!
c&!*.0!</.!13.!2,0&:,!3&*&4,9!
Lu9 ;!"#!/,!.!3,*(!4&!4,</,!14.9!
;! ,+!/,2!4,</,!14.9
!
! L+! !?(M$?'!+($'+(, >!(#+" >?N(O>+7 !?( (!> *$>>?2(
! "4&!%!3(!3$!-*(!+,+!/,29!
'
(&#'#&#!
y!B89!7>8A6B8:6>8<!7T<!68D=>CB7<!4=9@6!@<7>8C9=6<!68!7B6!@6!68C6798>!
E9!79B@98!6E!J>D65>!>!6E!;=<@B;;>@D>!C6!76q!7T<!@6!C67<!8<EE9!;=6876;9E<?!
I7(&!1#73(/!"2!%'("2$($2$(<.5<%&!!3(5)"5!(<#<$&!*(J#!%;+()#732((
K2$($2$(T9!J>ED6!@68>86J6?!<&"&*/!( 1"&'(<&"&*/!( $2$'(<&!$&!%3$/'(
5!3&'(0#)3'(&""&-&!( 1"&'(0!%#!)!"05#("&-&!( 1"&'(<&(<.515!7#("&-&!(
1"&'(0(!0:45!( !("#*(1"&'(005)/!( "&-&(1"&'(54542("&-&!( 1"&'(3%25
-&)2.:!("&*/!(1"&'(0(!5!%/("&-&!(1"&9!
Q9! 9E7B86! C6! RB<@D6! @68>86J6! "2$( $2$! @6! C6@D68AB<! 8>8! D98D>! ;<=! 6E!
@6A864679D>8! J9! ;<=! E>! @D6E<?! T9! 6849DD6! B89! @4BJ9DB=9! B8! ;>V! 7>ED9! <!
E6N=<@798!7>J<!@6!5<C<!987T<!C9AE6!<@<J;6!8<AE6!<@<=76:69!
!

44
8682) 7 %7$@(!
8%(!?( "?( *$?( &> '(( #+%( " ( #+%-($%)(+%?( 3,+! +,+2( P(#+>* !?( #1?( " ( '?#+%* >( (
# $' "?(,$C('( (,>?#?*?>?(#1?('?-$(>?(" (,>(%#(, "?2(
L9 ,&.!>.!)(0.! </(46!3&! 0&!/#! </&).13./.!%4.13(9! ,,! 0.!/&!
.%(),!&316!1(!*&4#(!53./09!
G9 W&5&!4(&! '.</.!1,! (0&!&3! .!:&4&! !.*&5.!&! 24,:&!4(&9! $!
1.'&",!4((! ).*%4#!! </(46!3&! $:,!13(&! '1&! 2,(43&/&1.!',44#&!
./7,4(2,!c((9!
3. .4c&!/3!4&!1.13.6!*169!v/3(!13!2,!.*&!*9
Z9 !"#! 4&! 10.7*(!! .24,+.!0(3&16! 1! ).+$0&43,!c(&(9! ,,0! &=! ),!*(!
2,!:,1!).!1.'&",!4(69!
'
("*'9,-""'
n8D=>CB7<! B8V9AA6B8D9! 7T<! 5B>E<! 7>84<=J9=<! <! C9=<! 9=A>J<8D6!
BED<=6>=6!9!RB<EE>!7T<!@6!@D9!C67<8C>?!!
L9 H%5!*2"(4)#!3(7#4)&.&!0;+'("#*(3&!%##()%:(.#3A7$22((
G9 Q5( 0&%$&!0'( 75'( "#*( 3&!%##'( *#)0#!)#+( 0( 4)#!<756( %#!2!6( 7#(
0&!)5"!:2(
Y9 R"&(7#<.5:!"7&'("#*(3&!%##'()%:(7#-&!2(
Z9 ;!S.5472!"3!:'(*7#(-&0&.5!%5(&3(>!"&+(?>+(!%2!3&!"52((
( 5(K#*(3&!%##(7#(72!)&(3;!%&(5*#!"3(!(75*()#%2!N(
!
K#*(3&%##(;Bq!68D=>CB==<!987T<!B89!4=9@<!@<7>8C9=69!68!7B6!@6!Cf!B8!
9=A>J<8D>! 9! 495>=<! C6! 76q! 7T<! w! @D9D>! 944<=J9D>! 8<EE9! ;=6876;9E<9! n8!
RB<@D>!79@>!@6!B@9!987T<!E9!4>=J9!"#*(3&%##'(1"&?(
L9 G#-&!)7:( ";( -/%:!"3( 7#( <&+)A<3'( "#*( 3&%##'( 1"&( )&8)3(
!&35.2!#"!:2((
G9 Q#( 6&1/!( :( "/)2!( 5)"5!'( "#*( 3&!%##'( 1"&( 5( T75( "2*( 7#(
3/!)#"2(
Y9 I7(&-&.1A7(!%/15!0<5*!:("#*(3&!%##'(1"&(0!A("2$(6&.&<&!
721572!%&!32(
!

45
8682) 7 %7$!C$
O?>(?',>(.?>?(" (-> * )(+%?(*?"" (M$ "(![(("(>$''+(,+''(?*?'(#+.?("\(! "( %+'(((-> *((
*?""\ --?!!(7+2(] (+"!>?( (M$?'!+(.?))+(" ("(%-$ (1 (.+"!(( 77?>9((?*(?',>?''(+%((
#1?( '(( $' %+( ,?>( -> *$ >?( "\(%!?%'(![( *?"( &?%+.?%+( #1?( '(( *?'#>(7?2( P("?--?!?( ("(
9> %+(*((O?^_+7'_(`( (,2(ab(?('+!!+"(%? !?(!$!!?("?(?',>?''(+%((#+%(#$((("("(%-$('! (#((
#+.$%(# ( #1?( &> ( " ( &+>. ( ,(?% ( ?( "\ ''?%) ( *(( &+>. ( ?'('!+%+( .+"!?( -> * )(+%((
*(7?>'?2(
!
8682) 7 %7(!!(
=?># !?(*((# ,(>?(" (.+!(7 )(+%?(*?(('?-$?%!(( 77?>9(2(
$3./.<6!>8! (2),*&+,!8! '4.'&8! 2,!4.'.8! 14.!',8! 4,!! ).08! <.!*4.13&#8!
c&*(+.!08!1</.1.!4&68!'3(>,/6!8!'!.!4(!0+$8!'0=/3'$#9!
!
(
",#),$2'
!
L9! ,+!.</&)&*6&316!-./0&44.13&!1*.',_!
G9! .7),!1*.'.!6'*6&316!!&1-./0&44#0_!
!

49
!";"$,8.&/07$()*+0$
!
1*6! '4(0,3&*&4.7.! 4,!*#),3&*6! 62#+! ^! <.13.644#(! (13.:4(+!
4&.%(),44.13&(9!*.*&+.!0#!4,5*(!</,'(*.8!+,+!1/,2$!4,>.)(0!
(1+*#:&4(&! (2! 4&7.9! $! %3.0! .34.5&4((! /$11+((! 62#+! .:&4&!
!.7,3! (1+*#:&4(60(9! ,.! !$)&3&! .13./.%4#x! ,&+.3./#&!
(1+*#:&4(6! 1.'1&0! 4&! 6'*6#316! 3,+.'#0(?! %3.! </.13>! .1.!#&!
1*$:,(8!+.3./#&!<.)3'&/%),#3!</,'(*.9!!
!
,&+.3./#&! 1*.',! 4&! /,1<,),#316! 4,! :,13(8! ,! '! 3.! %&! '/&06!
(0&#3! -./0$9! $.2&0=08! 4,</(0&/8! 1*.'.!!"&%2( *$3! 4&3! 1.'1&0!
-./0,*&4.(!:,13(8!,!0&%)$!3&0!0#!1.24,=0!4,5&!!"&%(4&!+,+!
.14.'$!3.*&+.8!4&!+,+!+,+.&;4(!$)&!!&1-./0&44.&!!"#$%5'(,!+,+!
4,13.6"&&! 1*.'.8! (0&#"&&! -./0$! (0&4(3&*&4.;'(4(3&*&4.7.!
<,)&%,!&)(413'&44.7.!:(1*,!0$%1+.7.!/.),!1$"&13'(3&*&4.7.9!
,+! %&! %3.! 3,+_! ,+! $24,=0! 0#! '! 4=0! '1=! %3.8! /,2! '! 4=0! 4&3!
1..3'&313'$#"&7.! .+.4:,4(6_! 1&*.! '! 3.08! :3.! '! 62#+&!
1$"&13'$&3! .7/.04.&! :(1*.! )/$7(>! 1*.'! 1! 3&0! %&! -./0,*&4#0!
24,:&4(&0! '(0&4(3&*&4.;'(4(3&*&4#(! <,)&%! &)(413'&44.7.!
:(1*,8! 0$%1+.7.! /.),! 1$"&13'(3&*&4.7.)! (! 3.%&! !&2!
-./0,*&4.(!:,13(!:!"/%'(<&%'($&*&)'()&*'(!2)'(!/)((!39!)9)9!$.3!
%3.;3.!>$% 2!?>9>7$>43#!4349%7$-7*>!=4>$#$D7!">*>$8:!$2$3">9$
%$68%$2E4$F!4%+$3">92!+$,>!8+#"$$
+/&)13,'(0!1&!&8!:3.!+3.;4(!$)&!'()&*!!.*&5$#!3.*<$!*#)&(!(!
.<(1#',&3! /,24#&! 7.*.'4#&! $!./#! %3.(! 3.*<#9! b1*(! '! %3.(!
3.*<&!$!2,0&34.7.!:(1*,!*#)&(!4&!!#*.!4(:&7.!4,!7.*.'&8!3.!.48!
<&/&:(1*('5(!'1&!1./3,!5*6<8!5,<.+8!+,/3$2.'8!:&<c.'!(!39!)98!
.!62,3&*&4.! </(!,'(38! :3.! `!#*(! (! </.13.'.*.1#&a8! 3,+! :3.!
*#)(! !&2! '16+.7.! 7.*.'4.7.! $!./,! 1.13,'63! '! &7.! /,11+,2&!
.1.!$#! 7/$<<$! 4,! /,'4#>! </,',>! 1! )/$7(0(! 7/$<<,0(9!
+.).!4#0! %&! .!/,2.0! !&1>'.13.13&! 1.13,'*6&3! ',%4#(!
</(24,+! 1&0&(13',! :&*.'&+.<.).!4#>! .!&2&64! 3.*&+.! <.3.0$8!
:3.! $! '1&>! )/$7(>! .!&2&64! &13&! >'.139! $#>.)(38! 3,+(0! .!/,2.08!
:3.!0#!#. 2E+$9$F!4%:$3">92!:$,>!8+#$ 7$6>$>?> -2! %3!$2$
6>$ 4>+#!!$ -4>$ 9$ %:$ 74$ >?> -2! %:8! '1=! /,'4.! +,+! 0.%&0!
*&7+.! 4,(3(! 1'.(! +,*.5(! !&2! !$+'8! &1*(! '1&! :$%(&! +,*.5(! 1!

50
 !$+',0(9! $! 1$"4.13(8! 0#! </.(2'.)(0! '! %3(>! 1*$:,6>! 3,+.&! %&!
)'.(4.&!1/,'4&4(&8!+,+!(!'!1*.'&!!"#$%&/((
(
$8,-'=$$ $8$-'=!$#,-'=!$1,*=$%$4"$$"'
$8,-%&' (
$8,-%$'' (
$8,-%,42='' (
$8,-%"&+%'&'' !
(!39!)9'
!
$.3!<.:&0$!(!3$3!<.*$:,&316!-./0,9!*.*&+.!3$3!1*.',!'&/>4&7.!
/6),!4&!/,1<,),#316!4,!)'&!:,13(9!".%4.!1+,2,3&8!:3.!.4(!+,+!
!#!/,1<,),#316!4,!!"&%cI('4$*&)8!)&*cI((!39!)98!(!'.3!<.!%3(0!
4$*60;3.!0#!(!$24,=0!-./0$9!+/.!3,+(&!1*.',!0.%4.!1+,2,3&8!
:3.!> %!$%+7!34$ #"79G3$,>8+2!"5 #3$-2345"$$
H42?!$ ,>!8+2$ 3">!92$ 7345$ >3>!2>7$ 39>!'349>$ 7*>!!$ 9$ 3%!"#!$
?>4>!8>*>$> >!$ 82362$2!743:$6>$.9#!?2+$%$6>$. 2-7! %3$ 2$
>3 >!9#$ %$ ,>8+2!"5 #3$ -2345!$ 68%-E+$ 6>$ .9#!?2+$
,>8+2!"5 2:$-2345$+>)74$2&45$%$ #"79>!'"$$
!
K:&4&! 04.7.&! '! :&*.'&:&1+.0! .<#3&! 1+/#3.8! 4.! .4.! '1=! %&!
1$"&13'$&39! b1*(! <.)$0,3&8! 3.! .:&4&! :,13.! 4,5(! 24,4(6!
.14.',4#! 4&! 4,! </60.0! 4,!*#)&4((! -,+3.'?! 0#! (4.7),!
<.4(0,&0! </(1$313'(&! :&7.;3.! 4&! <.3.0$8! :3.! 0#! '()(0! &7.8! ,!
<.3.0$8! :3.! 2,0&:,&0! 1*&)13'(6! ),44.7.! </(1$313'(68! (! 3,+.&!
24,4(&!4,1!'<.*4&!$13/,(',&3!'4,2#',&0!3.*&+.!.)(4!.:&'()4#(!
</(0&/?! 1(*,! 36%&13()9! d3.! 24,:(38! :3.! 1&/&=24.&! 4,!*#)&4(&!
/&,*&4.13(! 4&! 0.%&3! .13,4.'(3&16! 4,! <.'&/>4.13(8! 4,!
0,3&/(,*&4.(!13./.4&!'&"&(9!!
0)&6! 4$*&'.(! :,13(! <.)3'&/%),&3! '1=! 1+,2,44.&8! 4.! 4&! 3.*&+.9!
"#! 0.%&0! 1+,2,3&8! :3.! .31$313'(&! :&7.;*(!.! '! 62#+&! 24,:(0.!
3.*&+.! '! 3.0! 1*$:,&8! &1*(! 3,+.&! .31$313'(&! 1(13&0,3(:4.8! 39&9!
3.*&+.!&1*(!.4.!:,13.&!(!/&7$*6/4.&9!*,+(0!.!/,2.0!24,:(0.13&!
4$*&'.(! :,13(! '.24(+,&3! '! 1(*$! 1(13&04#>! 1'62&(! ),44.(!
.31$313'$#"&(! :,13(! 1! )/$7(0(! &)(4(c,0(! 62#+,9! ,$*&'#&!
.+.4:,4(6! ^! %3.! 4&! 1*$:,(4#&! (1+*#:&4(68! ,! 4./0,3('4.&!

51
.3.!/,%&4(&! 24,:&4((! 1*.'8! '#/,%&44.&! .31$313'(&0! 2'$+.'.(!
13./.4#!.+.4:,4(69!!!
(
(
!"#$%#&'
!
.,0&!34#(8!;,68!;.&8!;#&! ! ! ! ! ! 7>8@6C<=&5>E<8!=6J9=79N6E<!
01+*#:&!4(&! ! ! ! ! ! ! ! ! <77<:6>8<!
013.!:4(+!! ! ! ! ! ! ! ! ! @>=A<8D<8!4>8D<!
,*.!5(!! ! ! ! ! ! ! ! ! ! A9E>@7<!
,/3$!2! ! ! ! ! ! ! ! ! ! N<==<DD>!!
,,!*#),!3&*&!'J9)! ! ! ! ! ! ! >@@<=59D>=<!
,,!*#)&!4(&! ! ! ! ! ! ! ! ! >@@<=59:6>8<!
,$*&!'J9)! ! ! ! ! ! ! ! ! ! :<=>!
,$*&'.!(8!;,!68!;.!&8!;#!&! ! ! ! ! ! BAB9E<!9!:<=>8!8BEE>!
,$*&',!6!-./0,! ! ! ! ! ! ! ! 4>=J9!:<=.!
K!&2&6!49! ! ! ! ! ! ! ! ! ! @76JJ69!
K7/.!04#(8!;,68!;.&8!;#&! ! ! ! ! ! <8>=J<!
K)(4,!+.'#(8!;,68!;.&8!;#&! ! ! ! ! 6C<8D67>!
+&/&:(1*6!3&L,H+&/&!:!(!1*(3&G,! ! ! ! 7>8D9=<!
+.*$:,!3&16L,H+.*$:!(!3&16G1!!! ! ! ! =6@BED9=<!
+/,!'.8!4,!/,!'4#>!</,',!>!1!/!M! ! ! ! C6=6DD>8!9!;9=6!C6=6DD>!7>8!
+/&)13,'*6!3&L,H+/&)13,!'(3&G9!'H'*!1&!&! 6JJ9A689=@6!
+/(!,'*6!3&L,H+/(!,!'(3&G,!'H'*! ! ! 9AA6B8A<=<!
+/.(2'.)(!3&G7!)H%H+/.(2'&13(!!'&)g8!'&)=5&h!'&)g3! ;=>CB==<!
2'.!(13'.! ! ! ! ! ! ! ! ! ! RB9E6Df8!;=>;=6<Df!
2&0&!(13'.!! ! ! ! ! ! ! ! ! 49J6AE69!'N6>E>A679)!
2!(!*,!''!1!(!*$8!+.3l/.7.999)!! ! ! ! ! 4>=:9!'68!4>=:9!C<E!RB9E<999)!
2!(!*,!36!%&13(!! ! ! ! ! ! ! ! 4>=:9!C6!A=956Df!
2..3'j313'$#"((8!;,68!;&&8!;(&! ! ! ! 7>==6@;>8C<8D<!
*.*<i! ! ! ! ! ! ! ! ! ! ! 4>EE9!
S&<jc! ! ! ! ! ! ! ! ! ! ! 7B4469!
(

52
 0&)&1%.*2'
$
É67>@D=B6D<!6!;9=9C6AJ6!C<E!;=<@<8D<!<!C<E!;9@@9D>!C<6!@<AB<8D6!5<=N69!
o>D9D<! E9! ;=<@<8:9! C<EE<! 4>=J<! :<=>9! nJ;9=9D<! 9! J<J>=69! 6!
;9=9C6AJ6?!
$
<8>%.9>$%!45=68>%.9734$%!$
W=<@9?! !
XBD9?! !
W9@@9?!! !
W9=D676;6?! !
<7-5$
W=<@9?! !
W9@@9?!! !
W9=D676;6?! !
;7-5$
W=<@9?! !
W9@@9?!! !
W9=D676;6?! !
I7-5$
W=<@9?! !
W9@@9?!! !
W9=D676;6?! !
8+787!45$
XBD9?! !
W9@@9?!! !
W9=D676;6?! !
;787!45$
W=<@9?! !
W9@@9?!! !
W9=D676;6?! !
+>-5$
W=<@9?! !
W9@@9?!! !
W9=D676;6?! !

53
.7-5$$
XBD9?! !
W9@@9?!! !
W9=D676;6?! !
'48%-5$
W=<@9?! !
W9@@9?!! !
W9=D676;6?! !
,734%!$
W=<@9?! !
W9@@9?!! !
W9=D676;6?! !
/7.4%!$
W=<@9?! !
W9@@9?!! !
W9=D676;6?! !
*234%!$
W=<@9?! !
W9@@9?!! !
W9=D676;6?! !
!!
'
!"#$%6"$#%"'5&*"8#%'
(
($,!92=')',$,!9"++2=''
p8D=9JN6!5<8A>8>!@;<@@>!D=9C>DD6!7>8!, >!(#+" >?8!',?#( "?8!J9!8>8!
@>8>! ;<=4<DD6! @68>86J68! 98:69! I89E6::69J>! <! D=9CB769J>! 9E7B86!
<@<J;6?!
L9! R"&(&!&!32:(*/!4;$2'(5!<&%7:!#"!:("&!%3$&(72(d&8)#!"0&!X(
G9! R"&( &!&!3#772:( */!4;$2'( "2$/!9( */!4;$/( 7#%34:!(
/!%;!<2"3(0#4)#!2(
Y9! I3(>!"&*(/(*#7:!(#!"3(&!&!3&#(<.#)!"20%#!75#2(
Z9! e7#( $2!8#"!:'( 1"&( 0( "0&A*( <.#)!"20%#!755( 751#-&!(
&!&!3#77&-&(7#"2!
o<EE<!4=9@6!=6;>=D9D<!&!&3;+(@6A864679!',?#( "?(8<E!@<8@>!C6!'(%-+" >?8!
,>+,>(+'( ('?'(*('!(%!+(* "(>?'!+F!685<7<!&!&3#77;+(@6A864679!',?#( "?(

54
8<E! @<8@>! C6! *(7?>'+( * "( '+"(!+'( &$+>(( %+>. '( ?##?)(+% "?2( I! 5>ED<! 6E!
7>8D<@D>! 8>8! <@;E676D9! 7T69=9J<8D<! E9! C644<=<8:9! <C! <8D=9JN<! E<!
4>=J<!@>8>!;>@@6N6E68!987T<!@<!C67>8>!CB<!7>@<!C65<=@<9!
$
8682) 7 %7$!$
f?--?!?( "?( #(! )(+%(( !> !!?( * "( "(9>+( *(( O?^_+7'_(`( ?( % "()) !?( "\$'+( *(( .1.!#(! ?(
.1.!&44#(2(B> *$#?!?"?(,+(((%((! "( %+((%(.+*+( ,,>+,>( !+'(,>+,+%?%*+(*(7?>'((
!> *$!!(7((,?>(.1.!#(!?(.1.!&44#(2(
L9 Ñ48!<&/&:(!1*('5(!'1&!1./3,!!5*6<8!5,!<.+8!+,/3$!2.'8!:&<c.!'!(!
39! )98! .!62,!3&*&4.! </(!,!'(38! :3.! `!#!*(! (! </.13.'.*.!1#&a8! 3,+!
:3.! *#!)(! !&2! '16!+.7.! 7.*.'4.!7.! $!.!/9! 1.13,!'63! '! &7.! /,11+,!2&!
>3>!2#3!7/$!<<$!4,!/,!'4#>!</,',!>!1!)/$7(!0(!7/$!<<,0(9!
G9 $3./,!6! :,13&! g&( |h}8! </(13,!'*&44,6! %&! +! <&!/'.(! :,!13(8! .4,!
3.!3:,1! %&! </(.!/&3,!&3! 24,:&!4(&8! >$ . 2-7! %7$ 3>937!+$
>3>!27 >7?!4&!'&"&!13'&44.&8!,!7/,00,3(!:&1+.&9!
Y9 03,!+8! -.!/0,! 1*.!',! &13&! >3>!2>7$ 39>!'349>$ &7.!8! '! 1(!*$8!
+.3.!/.7.! .4.!! /,1<,),!&316! <.! 2'$!+,0! (! <.! 24,:&!4(#! 4,! .14.!'$! (!
-./0,!*&4$#! :,13&8! </(:=0! <.! 2'$!+,0! -./0,!*&4,6! :,13&! 0.!%&3!
!#3&!(!4$*&'.!(9!!
Z9 ,+! '(!)4.! (2! '1&>! %!3(>! </(0&!/.'8! '! /$!11+.0! 62#+&!!
1$"&13'$!#3!(!>3>!2&7!-./0,!*&4#&!:,!13(8!1*$!%,"(&!1<&c(,!*&4.!
)*6! 1.&)(4&!4(6! .14.!'! '3,+! 4,2#',!&0#&! `1.&)(4(!3&*&4#&!
7*,!14#&a!&!(!#)'(39!&9!>3>!2&7!-.!/0#!.14.'.1*.%&!4(69!
[9 )3>!27 >7$ . 2-7! %7$ </(.!/&3,!#3! </(! %!3.0! 3,+!
4,2#',!&0#&!:,13(!:4#&8!(*(!1*$%&!!4#&!1*.',!9!
(
(
3-/'$4/5%')"6%'
(
*"!+1$'8"*'#&#'
n8D=>CB7<!B89!@<7>8C9=69!68!7B6!@6!944<=J9!RB9E7>@9!7T<!@6!C644<=<8:698!
;6Ö! >! J<8>! C<76@9J<8D<8! C9! RB98D>! C<DD>! 8<EE9! ;=6876;9E<9! I! 5>ED<!
;Bq! <@;=6J<=<! @<J;E67<J<8D<! B8! ;9=9A>8<9! n8! RB<@D>! 79@>! 6! @B>6!
@68>86J6!@>8>!"&-)2!( $2$'(0("&(0.#!*:($2$'(2'(8#(<!N6@>A89!C6=<!7T<!
@>8>!;6Ö!B@B9E6!C6!*#!8)/("#*($2$?!!
!

55
 L9 h( %93%9!( 32%#!"'( *#!8)/( "#*( $2$( *&:!( !#!".2!(
<.#)<&15"2!#"(&!<#./2((
G9 I72( -&"&!05%2( &3#!)'( *#!8)/( "#*( $2$( )#!"5( /35.2!%5(
$02."5./2((
!
ÜB98C>! 6E! 7>8D<8BD>! C<EE9! @<7>8C9=69! @6! 7>8D=9;;>8<! C<76@9J<8D<! 9!
RB<EE>!C<EE9!;=6876;9E<!@6!;Bq!B@9=<!987T<!6E!@68>86J>!6&":!?((
I7(<.575*2!%(-&!"#!+'(%93#!47&(/%;32!%!:'(6&":!( 3&!%3<#(0!#-&!( 72(
!0#!"#(#*/!(6&"#!%&!3(<&3;!"3(&)7&*/!2((
!
á9! @<7>8C9=69! 68D=>C>DD9! C9! *#!8)/( "#*( $2$! ;Bq! 9==659=<! 9! 8<A9=<!
76q! 7T<! 56<8<! 944<=J9D>! 8<EE9! ;=6876;9E<?! 68! RB<@D>! 79@>8! >ED=<! 96!
7>8@B<D6! @68>86J6! '0( "&( 0.#!*:( $2$'( 6&":!'( 6&"3)! @6! ;>@@>8>! B@9=<!
987T<!7&'(&)72$&'(2'(8#'(2(*#8)/("#*?!
i2 j-&!(!15"2!9"("2%2!7"%50;*'(*#!8)/("#*($2$(&7'(<&5*&!#5
*/'(!&0#.<#!77&(42/.:!)72:(%5!17&!"32! (
k2 l&43*A*'( 72<.5*#!.'( !%&!0&( !"&%2( K/"( !&0!#!*( 7#"(
m&.*2!%37&+(12!!"5'(2(*#!8)/("#*(*;(!&472A*(72!<#(13.*(
7#("+%3$&($2$(&!7&!0/'(7#($2$($2$&!#5753/)3(3#!m&!.*#77&#(
13&+*5'(2($2$(72!"&:!V##(!%&!0&2(
((
8682) 7 %7$9$
B> *$#?!?( -"(( ?'?.,(( '+,> ( ?( #?># !?( "\?',>?''(+%?( (! "( % ( ,(n( *?-$ ! ( ,?>(
?',>(.?>?(((*(7?>'((-> *((*((#+%!> ,,+'()(+%?2(
!
,&5!
2>J<$@>@D98D65>8!@6A864679!`5>ED9a!'B89!5>ED98!CB<!5>ED<h)9!Q9!RB<@D>!
C<=659!987T<!B8!@B>!B@>!B8!;>V!;9=D67>E9=<?!d24(@>@D6DB6@7<!6E!8BJ<=>!
$%+(RB98C>!@6!7>8D9?!!
5( Q/5$2'(T7#1$2'(<&!15"2!+()&(<:"5!2((
5( d24'()02'(".5'(1#";!.#'(<:"32((
!
Ä>8! RB<@D>! @6A864679D>! 7>J;9=<! 8<EE<! <@;=<@@6>86! 6C6>J9D67T<! d24'(
)02(5(-&"&!0&N('<!B8>8!<!CB<!<!D=<x)F!d24'()02(g(04:!%5N('B88!CB<8!D=<!
569x)9!
W<=q! .24( ;Bq! <@@<=<! 987T<! B@9D>! 7>J<! 7>8A6B8:6>8<! ;<=! 68D=>CB==<!

56
@<7>8C9=6<! 79B@9E6H7>8C6:6>89E6! 7T<! 68C6798>! 6E! J>D65>! >! E9!
7>8C6:6>8<! C6! 76q! 7T<! w! <@;=<@@>! 8<EE9! ;=6876;9E<9! n8! RB<@D>! 79@>! @6!
D=9CB7<! 7>8! '?! >! * "( .+.?%!+( #1?9! nE! 8<@@>! 7>8! 6E! @6A864679D>! C<E!
@>@D98D65>!.24('5>ED9)!@6!;Bq!68DB6=<?!$% (7+"! !7T<!w!49DD9!B89!7<=D9!
7>@98!8<!7>8@D9D69J>!E<!7>8@<AB<8:<?!
d24(0!#(<&<%5!'("&(5(:(<&+)/!2((
d24(";(7#(6&1#<3(0($57&'(<&+)A*(<.&!"&(<&-/%:#*N(
l5!)7&'(&7(6&.&!<5+(<#)2-&!-'(.24(/(7#-&(*7&!-&(/1#75$&!02(
(
8682) 7 %7$#$
B> *$#?!?("?(&> '((?(',(?- !?(" (&$%)(+%?(*((/,22(
L9 O,2!.3&!c!/,2/&5(!*8!4$!%4.!&!>,3&F!!
G9 *,+8!<.1:(3,!&08!1+.!*&+.!2)&1&!13.*.!'?!/,28!)',8!3/(8!:&3#!/&!(!
&"=!'.3!%!3.3!1*.!0,44#(!;!24,!:(38!'1&7.!!<63&F!!
Y9 1./.!7,;3.8!4,'&/46+,!8!!#*,!!4&!!*(!2+.(8!/,2!'#!3,+!$13,!*(9!
Z9 O,2!3,+8!6!.3+,!2#',#1&!.3'&:,!3&9!
[9 O,28! )',8! 3/(8! :&3#!/&8! <63&! ;! 6! ()$!! (1+,!3&! 'w! E9! 4>=JBE9! =B@@9!
;<=!68D=>CB==<!6E!A6>7>!C<E!89@7>8C68>)9!
\9 S3.!%&!3#!.</,!')#',&5&168!/,2!4&!'(4.',!3_!!
]9 2)&!*,(8!/,2!.!&",!*9!!
!

!8%*,-,.%/7'5+&#'
(
$! $</,%4&4((! t! 4,! 13/9! Yu! 0#! '13/&3(*(! 04.7.! 7*,7.*.'8!
.!/,2$&0#>! .3! 7*,7.*,! 472"3?! .2!<&47202!"3'( /47202!"3'(
<.547202!"3'(!&47202!"3'(&!&47202!"32(
$! .14.'&! 7*,7.*,! 472"3! 4,>.)(316! )/&'4&;1*,'641+((! +./&4&!
-)% '( '! 1'.#! .:&/&)&! </.(1>.)6"((! .3! (4).&'/.<&(1+.7.! --\%+2(
K3! %3.7.! +./46! </.(1>.)63! 04.7(&! 7*,7.*#! '! /,24#>!
(4).&'/.<&(1+(>! 62#+,>8! +.3./#&! .!.24,:,#3! .!*,),4(&!
24,4(&0?! 4,</(0&/! %Y'#Y! '*,3(49)8! àâàäãåçé! '7/&:9)8! _?%%?%!
'4&09)8!_%+o!',47*9)8!#+%+'#?>?!'(3,*9)!(!39)LL9!
2*.'.! 472$( (0&&3! 3.3! %&! +./&4&! --\%+! 1! </(!,'*&444#0! +! 4&0$!

11
+9U9!S&/4#>8!p!"&.5$&5>"5*&%&-51#!$5+(!%&02.3(!&0.#*#77&-&(./!!$&-&((
:4;$28!O$11+((!62#+8!n;nn8!!".1+',!LttZ8!109!`24,3&a9!

57
1$--(+1.0! ;$8! +.3./#(! '! /$11+.0! 62#+&! :,13.! .!.24,:,&3!
./$)(&8!1/&)13'.!)*6!.1$"&13'*&4(6!)&(13'(6?!4,</9!+,3l+!,('! (
*((, !!(% --(+8!39&9!<*.",)+,!)*6!+,3,!4(6!4,!+.4&+,!>8((*(!&"=!(!
>$""+(#+.,>?''+>?8!+.3./#(!+,3(316!(!</(!%3.0!3/,0!$&3!,1-,*&38!
72<5!%375$('"(. )(^!(413/$0&438!(1<.*&2$&0#(8!:3.!#!4,<(*(!3&(
'@<A9=<)!(!39!)LG9!
*,+(0! .!/,2.08! '#>.)(38! :3.! 472$! .24,:,&3! `1/&)13'.! 0.&7.!
24,4(6aF!(0&44.!%3.!;!7*,'4,6!-$4+c(6!24,+,!'@<A8>)9!
!
8682) 7 %7$;(!
6;(=?># !?(" (&+>. ((.,?>&?!!(7 (*?(('?-$?%!((7?>9(/(
'263&8! 1463&8! 2,46!3&8! 4,46!3&8! .!46!3&8! .346!3&8! <.)46!3&8! '46!3&8!
(2è6!3&8!</(46!3&9!
q;( r+,+( 7?>( >(#+'!>$(!+( "?( #+,,(?( ',?!!$ "('( #+%($- !?( "?( &+>.?( ,?>&?!!(7?( "(
&$!$>+(?( "(, '' !+X(M$(%*((#?># !?(" (!> *$)(+%?((! "( % (?(',(?- !?(#+.?(" (&+>. (
*?"(7?>9+(,+>! ( "('$+('(-%(&(# !+(&(% "?2(
!
!

!
♣ ' % $ 8 , # & * ' $ - , 4 7 ' # , - + , . - & !$ % " '

+.*4.7*,1(&!/,2'(',*.1&!'!62#+&!'.13.:4#>!1*,'64!'!s;t!''98!(!
13,*.! .3*(:(3&*&4.(! :&/3.(! /$11+.7.8! $+/,(41+.7.! (!
!&*./$11+.7.! 62#+.'8! +.3./#&! <.! %3.(! </(:(4&!
</.3('.<.13,'*6#316! 62#+,0! 2,<,)4#>! (! #%4#>! 1*,'64LY9! $!
13,/.1*,'641+.0! 62#+&! '! <.*.%&4((! 0&%)$! 1.7*,14#0(! !#*(!
4&<.*4.7*,14#&! 1.:&3,4(6! 5.25'( 5%25'( 5.#5'( 5%#58! ,! '!
'.13.:4.1*,'641+(>!62#+,>!(0&44.!'!%3.0!<.*.%&4((!<.*$:(*(!
/,2'(3(&! 1.:&3,4(6! 5&.&'( 5&%&'( 5#.#5'( 5#%#5'( #%&59! *,+(0! .!/,2.0!
<.*$:(*.1&8! :3.! '! /$11+.0! 62#+&! 1.1&)13'$#3! 1*.',8! +./4(!
+.3./#>! 6'*6#316! '.13.:4.1*,'641+(0(! '4,</(0&/! -&.&))8! (!
1..3'&313'$#"(&! (0! 13,/.1*,'641+(&! 1*.',! '4,</(0&/! -.2))9!
K!/,2.',*(1&! +,+! !#! <,/#8! 1.13.6"(&! (2! 13,/.1*,'641+.7.! (!
'.13.:4.1*,'641+.7.! +./46?! 4&%&"&( g( 4%2"&'( 3#.#-( g( 3.#-'(

LG!Ä09!d/!!$2:(-.2**2"5$28!n;nn8!,,$+,8!".1+',!Ltsu8!n8!29!LZ\9
LY! $9,9! U/c&'8! h4;$&47275#2( s&%3<&+( >7J5$%&<#)51#!$5+( !%&02.38! 3.*&5,6!

/.11((1+,6!%4c(+*.<&)(68!".1+',!Ltts8!109(`<.*4.7*,1(&a9!

58
<&.&65<.269!!
,,! .14.'&! %3(>! +./4&(! .!/,2.',*(1&! /,2*(:4#&! 1*.',8! 4&!
6'*6#"(&16! 1(4.4(0,0(?! 4&<.*4.7*,14#&! +./4(!
'13,/.1*,'641+(&)! .!#:4.! .!/,2$#3! 1*.',! 1! +4(%4#0! .33&4+.0!
(!1:(3,#316!13,/.1*,'64(20,0(8!>.36!),*&+.!4&!'1&9!,&+.3./#&!
(2! 4(>! 13,*(! 4&(3/,*&4#0(8! $3/,3(*(! 13(*(13(:&1+$#! .+/,1+$!
+4(%4.13(!(!,/>,(:4.13(9!!
!
8682) 7 %7$;$
D?-% !?( #+%( $%( '!?>('#+( -"(( '! >+'" 7('.(( #1?( ( 7+'!>+( 77('+( 1 %%+( ,?>'+( " (
#+%%+! )(+%?(*+!! (?(*?""+('!("?(?"?7 !+2(
(
2*vOK2mv$U,0."ê! Ok22 0b!ÇKO"ê!
!
/824;?!</&'/,3(!3&8!c,!/1+(&! />8>4;?! <&/&'./.3(!3&8! './.!3,8!
'/,!3,8!'/,3,!/&F! './.34(!+F!
'482 ;?!13/,4,!8!13/,!44#(F! '4>8> ;?!<.13./.!44((8!13./.4,!;!
+"7?;=-;?!0*&+.<(3,!#"((8! +>">?;=+>">-;?!0.*.+.!8!
0*&!:4#(!<$3&F! 0.*.!:4#&!(2)&!*(6F!
J"29;?!7*,',!8!7*,!'4#(F! J>">9;?!7.*.',!8!7.*.'4.!(F!
'87$;?!1/&),!8!1/&!)4((F! '787$;?!1&/&)(!4,F!
/879;?!)/&'&!14#(8!)/&!'.! /7879;?!)&!/&'.8!)&/&'6!44#(F!
%(!24(F! $
J"23;?!7*,!14.13&8!1.7*,!14#(8! J>">3;?!7.!*.18!7.*.1.',!3&F!
<.*4.7*,!1(&F! $
<824;?!+/,!3+((8!+/,!3+.13&F! <>8>4;?!+./.!3+((!
!
8682) 7 %7'>$
6;( t"?%# ( !$!!?( "?( *?'(%?%)?( ?',>?''?( * "( .+>&?. ( )?>+( %?"" ( *?#"(% )(+%?( *?((
'+'! %!(7(( ?( *?-"(( --?!!(7(( >$''(2( t( %?"" ( #+%($- )(+%?( *?"( 7?>9+( ?'('!+%+( &+>.?(
)?>+E((
q;(u%*(# ("\(%&(%(!+(* (#$((*?>(7 %+("?('?-$?%!((&+>.?(7?>9 "((#+%(.+>&?. ()?>+2(r((
#1?(!?.,+('((!> !! E((
+=+8!$0&/8!(13=+8!0.78!*=78!3=/8!13/(78!%=78!'#!3&/8!2,!<&/8!4=18!'=28!
/.18!3/619!!
=;(v$ "((&+>.?()?>+('+%+(,>?'?%!((%?"" (*?#"(% )(+%?(*?(('?-$?%!(('+'! %!(7(E(

59
3/#!+(! '79E:>86)8! !$!1#! '7>EE989)8! './.!3,! ';>=D9E<)8! )/.',!! 'E<A89)8!
+,4(!+$*#! '59798:<)8! 0,+,/.!4#! ';9@D9@76BDD9)8! )&!4&7(! '@>EC6)8!
4.1(!*+(!'N9=<EE9)8!1$!3+(!'5<8D6RB9DD=>=<)8!)&!'$5+(9!
!
8682) 7 %7'?$
G+%( "\ ($!+( *?"( 7+# 9+" >(+( !> *$#?!?( (( '+'! %!(7(2( 6% "()) !?( "?( *(&&?>?%)?( !> ( "?(
&+>.?(*?""?(,2>&"?(>$''?(?(M$?""?(*?((!> *$!!(7(((! "( %(2(
3&1>'.!13.13&!
e.*.'4#!&!$!.!/#!
ë&*&!24,6!)./.!7,LZ!!
+/.13.'.*.!1#&!
S&*.'&+.<.).!!4#&!!
!

14
M6! D=9DD9! C6! B89! @68D<J9! 4=9@<>E>A67>! '$13.(:('.&! 1*.'.1.:&3,4(&)?! ! 6E!
@6A864679D>!=6@BED9!B86D9=6>8!987T<!@<!6E!D<=J68<!w!7>J;>@D>!C9!;6Ö!;9=>E<9!o<!w!B89!
;=>59! 6E! 49DD>! 7T<! 8>8! @>8>! ;>@@6N6E6! @>@D6DB:6>86! C6! ;9=>E9! '!#.#3.:77;?( )&.&-5!
8>8!<@6@D<!68!=B@@>)9!

60