· 2013-02-28 ·
Post on 21-May-2020
4 Views
Preview:
TRANSCRIPT
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU�
������������� �� ��������������������������� ����������������������
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�!
�������������������
�
<Y^Ti�5hdU^TUb���9^cdQ\\QdY_^�Q^T�EcU�
6Ybcd�UTYdY_^��CU`dU]RUb�!)))��
@Qbd�>_��144 #%�!� � � � �
�
1\\�bYWXdc�bUcUbfUT��GXY\cd�UfUbi�`bUSQedY_^�XQc�RUU^�dQ[U^�Y^�dXU�`bU`QbQdY_^�_V�dXYc�
]Q^eQ\��<Y^Ti�Qcce]Uc�^_�bUc`_^cYRY\Ydi�V_b�Ubb_bc�_b�_]YccY_^c��>UYdXUb�Yc�Q^i�
\YQRY\Ydi�Qcce]UT�V_b�TQ]QWUc�bUce\dY^W�Vb_]�dXU�ecU�_V�dXU�Y^V_b]QdY_^�S_^dQY^UT�
XUbUY^��GU�bUcUbfU�dXU�bYWXd�d_�SXQ^WU�dXU�c`USYVYSQdY_^c��Ve^SdY_^c�Q^T�SYbSeYdbi�_V�
dXU�`b_TeSd�gYdX_ed�^_dYSU����
��
��� ����������������
�
��6_b�ecU�Y^�Tbi��_Y\�VbUU�Y^T__b�U^fYb_^]U^dc�_^\i��
�
��GQb^Y^W���\YfU�`Qbdc�S_^dQY^UT�gYdXY^�`_gUb�QTQ`dUb��
�
��>_�ecUb�cUbfYSUQR\U�`Qbdc�gYdXY^�`_gUb�QTQ`dUb���T_�^_d�TYc]Q^d\U���
��@\eW�dXU�`_gUb�QTQ`dUb�Y^d_�Q�c_S[Ud�_ed\Ud�S\_cU�d_�dXU�<Y^Ti�5hdU^TUb�e^Yd�dXQd�Yd�
Yc�`_gUbY^W���
��BU`\QSU�dXU�`_gUb�QTQ`dUb�gYdX�Q�]Q^eVQSdebUb�Q``b_fUT�di`U�_^\i����
��4_�^_d�ecU�dXU�`_gUb�QTQ`dUb�YV�dXU�`_gUb�QTQ`dUb�SQcU�RUS_]Uc�TQ]QWUT��
SbQS[UT�_b�Rb_[U^�_b�YV�i_e�cec`USd�dXQd�Yd�Yc�^_d�_`UbQdY^W�`b_`Ub\i���
��9V�i_e�ecU�Q�`_gUb�UhdU^cY_^�S_bT�gYdX�dXU�<Y^Ti�5hdU^TUb��]Q[U�cebU�dXU�d_dQ\�
Q]`UbU�bQdY^W�_V�dXU�TUfYSUc�`\eWWUT�Y^d_�dXU�UhdU^cY_^�S_bT�T_�^_d�UhSUUT�dXU�
S_bTµc�Q]`UbU�bQdY^W��1\c_��]Q[U�cebU�dXQd�dXU�d_dQ\�Q]`UbU�bQdY^W�_V�Q\\�dXU�
TUfYSUc�`\eWWUT�Y^d_�dXU�gQ\\�_ed\Ud�T_Uc�^_d�UhSUUT�dXU�gQ\\�_ed\Udµc�Q]`UbU�
bQdY^W���
��4_�^_d�QddU]`d�d_�cUbfYSU�dXU�<Y^Ti�5hdU^TUb�i_ebcU\V���
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�"
����������
�
<Y^Ti�gQbbQ^dc�dXQd�dXYc�`b_TeSd�cXQ\\�RU�VbUU�Vb_]�TUVUSdc�Y^�g_b[]Q^cXY`�Q^T�
]QdUbYQ\c�V_b�Q�`UbY_T�_V�_^U�iUQb�Vb_]�dXU�TQdU�_V�_bYWY^Q\�`ebSXQcU��9V�dXU�`b_TeSd�
cX_e\T�VQY\�d_�_`UbQdU�S_bbUSd\i�Y^�^_b]Q\�ecU�TebY^W�dXU�gQbbQ^di�`UbY_T��<Y^Ti�gY\\�
bU`\QSU�_b�bU`QYb�Yd�VbUU�_V�SXQbWU��>_�\YQRY\Ydi�SQ^�RU�QSSU`dUT�V_b�TQ]QWU�TeU�d_�
]YcecU�_b�SYbSe]cdQ^SUc�_edcYTU�<Y^Tiµc�S_^db_\��1\c_�<Y^Ti�gY\\�^_d�RU�bUc`_^cYR\U�
V_b�Q^i�\_cc��TQ]QWU�_b�Y^Zebi�QbYcY^W�TYbUSd\i�_b�Y^TYbUSd\i�Vb_]�dXU�ecU�_V�dXYc�
`b_TeSd��<Y^Tiµc�d_dQ\�\YQRY\Ydi�e^TUb�dXU�dUb]c�_V�dXYc�gQbbQ^di�cXQ\\�Y^�Q\\�
SYbSe]cdQ^SUc�RU�\Y]YdUT�d_�dXU�bU`\QSU]U^d�fQ\eU�_V�dXYc�`b_TeSd��
�
9V�Q^i�TYVVYSe\di�Yc�Uh`UbYU^SUT�Y^�dXU�Y^cdQ\\QdY_^�_b�ecU�_V�dXYc�`b_TeSd�dXQd�i_e�QbU�
e^QR\U�d_�bUc_\fU��`\UQcU�S_^dQSd�<Y^Ti��
�
�
��� ���!���
�
1\\�dbQTU]Qb[c�]U^dY_^UT�Y^�dXYc�]Q^eQ\�QbU�QS[^_g\UTWUT�d_�RU�dXU�`b_`Ubdi�_V�dXU�
bUc`USdYfU�dbQTU]Qb[�_g^Ubc��
�
3_]`Qa�Yc�Q�bUWYcdUbUT�dbQTU]Qb[�_V�3_]`Qa�3_]`edUb�3_b`_bQdY_^��
�
8Ug\Udd�@QS[QbT�Yc�Q�bUWYcdUbUT�dbQTU]Qb[�_V�8Ug\Udd�@QS[QbT��
�
92=��@3�1D��@C�"��BC�& �Q^T�DXY^[@QT�QbU�bUWYcdUbUT�dbQTU]Qb[c�_V��
9^dUb^QdY_^Q\�2ecY^Ucc�=QSXY^Uc�3_b`_bQdY_^��
�
<_WYdUSX��=_ecU=Q^��Q^T�@Y\_d�=_ecU��QbU�dbQTU]Qb[c�_V�<_WYdUSX�9^S��
�
=YSb_c_Vd�Q^T�GY^T_gc�QbU�bUWYcdUbUT�dbQTU]Qb[c��Q^T�9^dU\\Y=_ecU�Yc�Q�dbQTU]Qb[�
_V�=YSb_c_Vd�3_b`_bQdY_^��
�
FU\Sb_�Yc�Q�dbQTU]Qb[�_V�FU\Sb_�EC1�9^S��
�
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�#
"�����#� $� �%��� �&���
�
1�3QdUW_bi�%��_b�RUddUb��dgYcdUT�`QYb�SQR\U�]ecd�RU�ecUT�d_�S_^^USd�dXU�<Y^Ti�
5hdU^TUb�e^Ydc�Y^�_bTUb�d_�]QY^dQY^�S_]`\YQ^SU�gYdX�bQTY_�VbUaeU^Si�U^UbWi�U]YccY_^�
bUWe\QdY_^c�Q^T�U^cebU�Q�ceYdQR\i�XYWX�\UfU\�_V�Y]]e^Ydi�d_�U\USdb_]QW^UdYS�
TYcdebRQ^SUc��
�
1\\�_dXUb�Y^dUbVQSU�SQR\Uc�ecUT�gYdX�dXYc�UaeY`]U^d�]ecd�RU�cXYU\TUT�Y^�_bTUb�d_�
]QY^dQY^�S_]`\YQ^SU�gYdX�bQTY_�VbUaeU^Si�U^UbWi�U]YccY_^�bUWe\QdY_^c�Q^T�U^cebU�Q�
ceYdQR\i�XYWX�\UfU\�_V�Y]]e^Ydi�d_�U\USdb_]QW^UdYS�TYcdebRQ^SUc��
�4da^_TP]�4<2�SXaTRcXeT�'(�""%�442�DXYc�UaeY`]U^d�XQc�RUU^�dUcdUT�Q^T�V_e^T�d_�S_]`\i�gYdX�dXU�\Y]Ydc�V_b�Q�S\Qcc�1�S_]`edY^W�TUfYSU�Y^�QSS_bTQ^SU�gYdX�dXU�c`USYVYSQdY_^c�Y^�dXU�5eb_`UQ^�cdQ^TQbT�5>%% ""��DXUcU�\Y]Ydc�QbU�TUcYW^UT�d_�`b_fYTU�bUQc_^QR\U�`b_dUSdY_^�QWQY^cd�XQb]Ve\�Y^dUbVUbU^SU��DXYc�UaeY`]U^d�WU^UbQdUc��ecUc�Q^T�SQ^�bQTYQdU�bQTY_�VbUaeU^Si�U^UbWi�Q^T�YV�^_d�Y^cdQ\\UT�Q^T�ecUT�Y^�QSS_bTQ^SU�gYdX�dXU�Y^cdbeSdY_^c�]Qi�SQecU�XQb]Ve\�Y^dUbVUbU^SU�d_�bQTY_�_b�dU\UfYcY_^�bUSU`dY_^��8_gUfUb��dXUbU�Yc�^_�WeQbQ^dUU�dXQd�XQb]Ve\�Y^dUbVUbU^SU�gY\\�^_d�_SSeb�Y^�Q�`QbdYSe\Qb�Y^cdQ\\QdY_^��9V�dXYc�UaeY`]U^d�T_Uc�SQecU�Y^dUbVUbU^SU�d_�bQTY_�_b�dU\UfYcY_^�bUSU`dY_^��gXYSX�SQ^�RU�TUdUb]Y^UT�Ri�deb^Y^W�dXU�UaeY`]U^d�_^�Q^T�_VV��dXU�ecUb�Yc�U^S_ebQWUT�d_�S_bbUSd�dXU�Y^dUbVUbU^SU�gYdX�_^U�_b�]_bU�_V�dXU�V_\\_gY^W�]UQcebUc*��Q��BU_bYU^d�_b�bU\_SQdU�dXU�bUSUYfY^W�Q^dU^^Q���R��9^SbUQcU�dXU�cU`QbQdY_^�RUdgUU^�dXU�UaeY`]U^d�Q^T�dXU�bUSUYfUb���S��3_^^USd�dXU�UaeY`]U^d�d_�Q^�_ed\Ud�_^�Q�SYbSeYd�TYVVUbU^d�Vb_]�dXQd�d_�gXYSX�dXU�bUSUYfUb�Yc�S_^^USdUT���T��3_^ce\d�dXU�ce``\YUb�_b�Q^�Uh`UbYU^SUT�bQTY_���DF�dUSX^YSYQ^�V_b�XU\`�����
�
�
�
�
�
�
�
�
�
�
�
�
�
�
�
522�2^\_[XP]RT�BcPcT\T]c��D]XcTS�BcPcTb��DXYc�UaeY`]U^d�WU^UbQdUc��ecUc�Q^T�SQ^�bQTYQdU�bQTY_�VbUaeU^Si�U^UbWi�Q^T�YV�^_d�Y^cdQ\\UT�Q^T�ecUT�`b_`Ub\i��dXQd�Yc��Y^�cdbYSd�QSS_bTQ^SU�gYdX�dXU�]Q^eVQSdebUbµc�Y^cdbeSdY_^c��]Qi�SQecU�Y^dUbVUbU^SU�d_�bQTY_�S_]]e^YSQdY_^��9d�XQc�RUU^�dUcdUT�Q^T�V_e^T�d_�S_]`\i�gYdX�dXU�\Y]Ydc�V_b�Q�S\Qcc�1�S_]`edY^W�TUfYSU�Y^�QSS_bTQ^SU�gYdX�dXU�c`USYVYSQdY_^c�Y^�CeR`Qbd�:�_V�`Qbd�!%�_V�633�be\Uc��gXYSX�QbU�TUcYW^UT�d_�`b_fYTU�bUQc_^QR\U�`b_dUSdY_^�QWQY^cd�ceSX�Y^dUbVUbU^SU�gXU^�dXU�UaeY`]U^d�Yc�_`UbQdUT�Y^�Q�S_]]UbSYQ\�U^fYb_^]U^d��?`UbQdY_^�_V�dXYc�UaeY`]U^d�Y^�Q�bUcYTU^dYQ\�QbUQ�]Qi�SQecU�Y^dUbVUbU^SU��Y^�gXYSX�SQcU�dXU�ecUb�Qd�XYc�_g^�Uh`U^cU�gY\\�RU�bUaeYbUT�d_�dQ[U�gXQdUfUb�]UQcebUc�]Qi�RU�^USUccQbi�d_�S_bbUSd�dXU�Y^dUbVUbU^SU��3XQ^WUc�_b�]_TYVYSQdY_^c�^_d�Uh`bUcc\i�Q``b_fUT�Ri�dXU�]Q^eVQSdebUb�S_e\T�f_YT�dXU�ecUbµc�QedX_bYdi�d_�_`UbQdU�dXU�UaeY`]U^d���2P]PSXP]�3T_Pac\T]c�^U�2^\\d]XRPcX^]b�
A58�bcPcT\T]c�
DXYc�UaeY`]U^d�T_Uc�^_d�UhSUUT�dXU�S\Qcc�1�\Y]Ydc�V_b�bQTY_�^_YcU�U]YccY_^c�Vb_]�TYWYdQ\�Q``QbQdec�cUd�_ed�Y^�dXU�bQTY_�Y^dUbVUbU^SU�bUWe\QdY_^c�_V�dXU�3Q^QTYQ^�4U`Qbd]U^d�_V�3_]]e^YSQdY_^c���<U�`b}cU^d�Q``QbUY\�^e]}bYaeU�^µ}]Ud�`Qc�TU�RbeYdc�bQTY_}\USdbYaeUc�T}`QccQ^d�\Uc�\Y]YdUc�Q``\YSQR\Uc�Qeh�Q``QbUY\c�^e]}bYaeUc�TU�\Q�S\QccU�1�`bUcSbYdUc�TQ^c�\U�b~W\U]U^d�ceb�\U�Rb_eY\\QWU�bQTY_}\USdbYaeUc�`eR\Y}�`Qb�\U�]Y^Ycd~bU�TUc�3_]]e^YSQdY_^c�Te�3Q^QTQ�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�$�
'��� �����
�
�
��8]ca^SdRcX^] ������������������������������������������������������������������������������������ %�
�� !�!�<Y^Ti�5hdU^TUb�VUQdebUc������������������������������������������������������������������������� &�
� !�"�1TTYdY_^Q\�<Y^Ti�5hdU^TUb�@b_�VUQdebUc�������������������������������������������������� '�
� !�#�@b_TeSd�Y^V_b]QdY_^�������������������������������������������������������������������������������� (�
� !�$�@QS[QWU�S_^dU^dc ���������������������������������������������������������������������������������� !!�
��
!��8]bcP[[PcX^] �������������������������������������������������������������������������������������� "�
�� "�!�GXQd�i_e�gY\\�^UUT��������������������������������������������������������������������������������� !#�
� "�"�=_e^dY^W�dXU�<Y^Ti�5hdU^TUb� ���������������������������������������������������������������� !%�
� "�#�3_^^USdY^W�i_eb�TUfYSUc������������������������������������������������������������������������ !%�
� "�$�3_^VYWebY^W�i_eb�@3�c�� ������������������������������������������������������������������������� !(�
� "�&�3_^VYWebY^W�dXU�<Y^Ti�5hdU^TUb�������������������������������������������������������������� !(�
� "�'�CUddY^W�dXU�_`dY_^�cgYdSXUc� ������������������������������������������������������������������� !)�
� "�(�CUddY^W�dXU�fYTU_�S_]`U^cQdY_^������������������������������������������������������������� ""�
� "�)�3_^VYWebY^W�dXU�ecUb�cU\USdQR\U�_`dY_^c������������������������������������������������� "$�
� "�! �Ce]]Qbi�_V�<Y^Ti�5hdU^TUb�S_^VYWebQdY_^�_`dY_^c� ����������������������������� "%�
� "�!!�?dXUb�ecUVe\�Y^cdQ\\QdY_^�Y^V_b]QdY_^����������������������������������������������������� "'�
� "�!"�8_d�`\eWWY^W�dXU�<Y^Ti�5hdU^TUb�Y^d_�be^^Y^W�cicdU]c�Q^T�bU�U^QR\Y^W�
� TYcS_^^USdUT�@C�"�3@E�]_ecU�S_^^USdY_^c����������������������������������������������� "'��
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�%�
"��DbX]V�cWT�;X]Sh�4gcT]STa� ������������������������������������������������������������� !(�
�� #�!�@_gUb�_^�cdQdec ������������������������������������������������������������������������������������� ")�
� #�"�<Y^Ti�5hdU^TUb�Y^TYSQd_b�\YWXdc ��������������������������������������������������������������� # �
� #�#�;UiR_QbT�>E=�31@C�Q^T�C3B?<<�\_S[�Y^TYSQd_bc������������������������������ #"�
� #�$�;UiR_QbT�X_d[Ui�S_^db_\ ������������������������������������������������������������������������ ##�
� #�%�5^dUbY^W�Q^�UhYdY^W�fYTU_�S_]`U^cQdY_^���S_^VYWebQdY_^�]_TU��������������� ""�
� #�&�=_ecU�S_^db_\ ���������������������������������������������������������������������������������������� #%�
� #�'�CdUbU_�QeTY_�ce``_bd�_^�dXU�<Y^Ti�5hdU^TUb�@b_ ����������������������������������� #%�
� #�(�=YSb_`X_^U�ce``_bd�_^�dXU�<Y^Ti�5hdU^TUb�@b_������������������������������������� #%�
� #�)�CUddY^W�Q^T�ecY^W�dXU�cUSebYdi�`Qccg_bT� ���������������������������������������������� #&�
� #�! �AeUbiY^W�dXU�<Y^Ti�5hdU^TUbµc�VYb]gQbU�fUbcY_^� �������������������������������� #(�
�
�
#��;X]Sh�4gcT]STa�R^]UXVdaPcX^]�^_cX^]b������������������������������������������ "(�
�� $�!�BC"#"�`b_d_S_\�_`dY_^c�������������������������������������������������������������������������� #)�
� $�"�=_ecU�]_TU�Q^T�]_ecU�cgYdSXY^W�_V�SXQ^^U\c ������������������������������������ $ �
� $�#�BUcUddY^W�Q\\�S_^VYWebQdY_^�_`dY_^c�d_�dXUYb�TUVQe\d�cdQdU� ����������������������� $!�
�
�
�
0__T]SXRTb�
�1���3QR\U�Q^T�S_^^USd_b�c`USYVYSQdY_^c ���������������������������������������������������������������� $"�
�
2���@b_R\U]�c_\fY^W ���������������������������������������������������������������������������������������������� $'�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�&�
()��������%������
�
DXQ^[�i_e�V_b�`ebSXQcY^W�dXU�<Y^Ti�5hdU^TUb��I_eb�<Y^Ti�5hdU^TUb�Yc�TUcYW^UT�d_�
dbQ^cVUb�[UiR_QbT��fYTU_��]_ecU�Q^T�BC"#"�cYW^Q\c�e`�d_�" �]UdbUc�_fUb�3QdUW_bi�
%�dgYcdUT�`QYb�SQR\U���DXU�<Y^Ti�5hdU^TUb�cicdU]�S_^cYcdc�_V�Q�dbQ^c]YddUb��H<��Q^T�Q�
bUSUYfUb��HB��e^Yd�dXQd�QbU�S_^^USdUT�d_WUdXUb�Ri�Q�dgYcdUT�`QYb�SQR\U��DXU�HB�e^Yd�
S_^^USdc�d_�i_eb�[UiR_QbT��]_^Yd_b�Q^T�]_ecU�Q^T�dXU�H<�e^Yd�S_^^USdc�d_�dXU�
S_]`edUb�cicdU]�dXQd�Yc�d_�RU�S_^db_\\UT���
�
DXU�<Y^Ti�5hdU^TUb�Yc�ce``\YUT�Y^�R_dX�cdQ^TQbT��<Y^Ti�5hdU^TUb��Q^T�U^XQ^SUT�
�<Y^Ti�5hdU^TUb�@b_��V_b]Qdc��9^�QTTYdY_^�d_�dXU�VUQdebUc�ce``_bdUT�Ri�dXU�<Y^Ti�
5hdU^TUb��dXU�<Y^Ti�5hdU^TUb�@b_�cicdU]�ce``_bdc�cdUbU_�QeTY_�Q^T�]YSb_`X_^U�
cYW^Q\c�Q^T�UhdbQ�S_^^USdYfYdi�_`dY_^c��DXYc�QTTYdY_^Q\�S_^^USdYfYdi�U^QR\Uc�Q�cUS_^T�
[UiR_QbT�]_^Yd_b�]_ecU�cUd�d_�RU�S_^^USdUT�d_�dXU�H<�e^Yd�Q^T�Q^�QTTYdY_^Q\�
S_]`edUb�cicdU]�d_�RU�S_^^USdUT�d_�dXU�HB�e^Yd���
�
�
� �;X]Sh�4gcT]STa�UTPcdaTb��
�5^QR\Uc�Q�[UiR_QbT��]_^Yd_b��]_ecU�Q^T�BC"#"�TUfYSU�d_�RU�\_SQdUT�e`�d_�" �
]UdbUc�Vb_]�Q�S_]`edUb���
��EcUc�Q�cY^W\U�3QdUW_bi�%��_b�RUddUb��e^cXYU\TUT�dgYcdUT�`QYb�SQR\U�d_�SQbbi�Q\\�dXU�
[UiR_QbT��fYTU_��]_ecU�Q^T�BC"#"�cYW^Q\c���
��6Y^U�ecUb�QTZecdQR\U�fYTU_�S_]`U^cQdY_^�U^QR\Uc�dXU�fYTU_�aeQ\Ydi�d_�RU�
]QhY]YcUT�V_b�Q^i�WYfU^�\U^WdX�_V�SQR\U����
��DXU�fYTU_�S_]`U^cQdY_^�_^\i�^UUTc�d_�RU�QTZecdUT�_^SU�TebY^W�cUde`��DXU�
SX_cU^�S_]`U^cQdY_^�cUddY^W�Yc�bUdQY^UT�Y^�55@B?=�]U]_bi�UfU^�gXU^�dXU�
<Y^Ti�5hdU^TUb�Yc�`_gUbUT�_VV����
��=YhUT�1D�@C"�[UiR_QbTc�Q^T�@C"�BC"#"�]YSU�ce``_bdUT�Qc�cdQ^TQbT���
�Ce``_bdc�=YSb_c_Vd�9^dU\\Y=_ecU�Q^T�_dXUb�S_]]_^�gXUU\�]YSU���
��@Qccg_bT�cUSebYdi�`bUfU^dc�e^QedX_bYcUT�ecU���
��Ce``_bdc�XYWX�RQ^TgYTdX�]_^Yd_bc�Qd�bUc_\edY_^c�e`�d_�!& �h�!"( ���
�Ce``_bdc�[UiR_QbT�]_TUc�!�"�Q^T�#�Q^T�]_ecU�`b_]`d�Q^T�cdbUQ]�]_TUc�V_b�
]QhY]e]�S_]`QdYRY\Ydi���
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�'�
��
��@_gUb�Q^T�QSdYfYdi�Y^TYSQdY_^�S_^VYb]�S_bbUSd�_`UbQdY_^����
��CdQ^TQbT�SQR\U�S_^^USdY_^c�]Q[U�Y^cdQ\\QdY_^�UQci�Q^T�Y^Uh`U^cYfU���
��B_Recd�]UdQ\�SQcU�U^cebUc�W__T�cXYU\TY^W�Q^T�fYTU_�aeQ\Ydi���
��!)�Y^SX�bQS[�]_e^d�[Yd�QfQY\QR\U���
��Ce``_bdc�92=�@3�S_]`QdYR\Uc�Q^T�BC& �S_]`edUbc��
�
�
�!�0SSXcX^]P[�;X]Sh�4gcT]STa�?a^�UTPcdaTb��
�Ce``_bdc�cdUbU_�QeTY_�Q^T�]YSb_`X_^U�cYW^Q\c���
��@b_fYTUc�Q^�QTTYdY_^Q\�ecUb�`_bd���[UiR_QbT�]_^Yd_b�]_ecU�c`UQ[Ub�]YSb_`X_^U��
_^�dXU�H<�dbQ^c]YddUb�e^Yd�U^QR\Y^W�dXU�S_]`edUb�d_�RU�S_^db_\\UT�Vb_]�Q�\_SQdY_^�
S\_cU�d_�dXU�H<�dbQ^c]YddUb�Qc�gU\\�Qc�Q�\_SQdY_^�S\_cU�d_�dXU�HB�bUSUYfUb����
��@b_fYTUc�Q^�QTTYdY_^Q\�S_]`edUb�`_bd��[UiR_QbT�]_^Yd_b�]_ecU�c`UQ[Ub�]YSb_�
`X_^U��_^�dXU�HB�bUSUYfUb�e^Yd�U^QR\Y^W�dXU�ecUb�d_�S_^db_\�Q�\_SQ\�S_]`edUb�Y^�
QTTYdY_^�d_�dXU�bU]_dU�S_]`edUb�dXQd�Yc�S_^^USdUT�fYQ�dXU�dgYcdUT�`QYb�SQR\U���
��6b_^d�`Q^U\�Y^TYSQd_bc�cX_g�dXU�SebbU^d\i�QSdYfU�ecUb�`_bd�Q^T�dXU�SebbU^d\i�
cU\USdUT�S_]`edUb��
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�(�
�"�?a^SdRc�X]U^a\PcX^]��
�
5XVdaT� �¯�;X]Sh�4gcT]STa�G;�caP]b\XccTa�P]S�GA�aTRTXeTa�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�)�
�
5XVdaT�!�¯�;X]Sh�4gcT]STa�?a^�G;�caP]b\XccTa�P]S�GA�aTRTXeTa�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�! �
�
�
�
�
5XVdaT�"�¯�<^d]cX]V�cWT�;X]Sh�4gcT]STa�X]�cWT��^_cX^]P[� (�X]RW�aPRZ�\^d]cX]V�ZXc
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�!!�
�#�?PRZPVT�R^]cT]cb
�
�
;X]Sh�4gcT]STa�_PRZPVT�R^]cT]cb��
Quantity Description !� ��� � <Y^Ti�5hdU^TUb�H<�dbQ^c]YddUb�e^Yd�
!� �� <Y^Ti�5hdU^TUb�HB�bUSUYfUb�e^Yd�
!� �� � 9^cdbeSdY_^�]Q^eQ\�
!���� � @_gUb�QTQ`dUb�V_b�dXU�HB�bUSUYfUb�e^Yd�
�
�@\UQcU�^_dU�dXQd�dXU�H<�dbQ^c]YddUb�e^Yd�T_Uc�^_d�^_b]Q\\i�bUaeYbU�Q�`_gUb�QTQ`dUb�
RUSQecU�Yd�TbQgc�Ydc�`_gUb�Vb_]�dXU�S_]`edUb�fYQ�dXU�[UiR_QbT�Y^dUbVQSU�SQR\U��1�
cUS_^T�`_gUb�QTQ`dUb�Yc�dXUbUV_bU�>?D�CE@@<954�Red�]Qi�RU�`ebSXQcUT�
cU`QbQdU\i�V_b�fYTU_�_^\i�Q``\YSQdY_^c����
�
;X]Sh�4gcT]STa�?a^�_PRZPVT�R^]cT]cb��
Quantity Description !������ � <Y^Ti�5hdU^TUb�@b_�H<�dbQ^c]YddUb�e^Yd�
!� ������ � <Y^Ti�5hdU^TUb�@b_�HB�bUSUYfUb�e^Yd�
!� �� � 9^cdbeSdY_^�]Q^eQ\�
!���� � @_gUb�QTQ`dUb�V_b�dXU�HB�bUSUYfUb�e^Yd�
�
�@\UQcU�^_dU�dXQd�dXU�H<�dbQ^c]YddUb�e^Yd�T_Uc�^_d�^_b]Q\\i�bUaeYbU�Q�`_gUb�QTQ`dUb�
RUSQecU�Yd�TbQgc�Ydc�`_gUb�Vb_]�dXU�S_]`edUb�fYQ�dXU�[UiR_QbT�Y^dUbVQSU�SQR\U��1�
cUS_^T�`_gUb�QTQ`dUb�Yc�dXUbUV_bU�>?D�CE@@<954�Red�]Qi�RU�`ebSXQcUT�
cU`QbQdU\i�V_b�fYTU_�_^\i�Q``\YSQdY_^c����
�
;X]Sh�4gcT]STa� (�X]RW�aPRZ�\^d]c�ZXc���
Quantity Description !������ � =_e^dY^W�QccU]R\i�V_b�!)�Y^SX�bQS[c�
"������ � 3_e^dUb�ce^[�cSbUgc�V_b�VYhY^W�<Y^Ti�5hdU^TUb�d_�]_e^dY^W�QccU]R\i�
�
DXU�bQS[�]_e^d�[Yd�Yc�ceYdQR\U�d_�]_e^d�dXU�H<�_b�HB�e^Yd�Y^d_�Q�!)�Y^SX�bQS[��9V�i_e�
bUaeYbUT�d_�]_e^d�R_dX�dXU�HB�Q^T�dXU�H<�e^Ydc�Y^�!)�Y^SX�bQS[c�dXU^�i_e�gY\\�^UUT�
dg_�bQS[�]_e^d�[Ydc��DXU�[Yd�Yc�ceYdQR\U�V_b�dXU�<Y^Ti�5hdU^TUb�Q^T�dXU�<Y^Ti�
5hdU^TUb�@b_��
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�!"�
;X]Sh�4gcT]STa�RPQ[T�_PRZ��
DXYc�SQR\U�`QS[�Yc�ceYdQR\U�V_b�S_^^USdY^W�i_eb�S_]`edUb�d_�dXU�<Y^Ti�5hdU^TUb�H<�
e^Yd��9d�Yc�Q\c_�ceYdQR\U�V_b�S_^^USdY^W�i_eb�S_]`edUb�d_�dXU�<Y^Ti�5hdU^TUb�@b_�H<�
e^Yd�_b�dXU�<Y^Ti�5hdU^TUb�@b_�HB�e^Yd�YV�i_e�T_�^_d�gYcX�d_�ecU�c`UQ[Ubc�_b�
]YSb_`X_^Uc��I_eb�@C�"�[UiR_QbT��@C�"�]_ecU�Q^T�]_^Yd_b�]Qi�RU�`\eWWUT�Y^d_�
dXU�<Y^Ti�5hdU^TUb�TYbUSd\i��
�
Quantity Description !������ � 8YWX�bUc_\edY_^�dbY�S_Qh�fYTU_�SQR\U���"�]UdbUc�\_^W�
"����� � @C�"�[UiR_QbT�]_ecU�SQR\Uc���"�]UdbUc�\_^W�
!� ��� CUbYQ\�]_ecU�QTQ`dUb��`\eWc�_^d_�U^T�_V�@C�"�SQR\U��
!� ���� � 1D�[UiR_QbT�QTQ`dUb��`\eWc�_^d_�U^T�_V�@C�"�SQR\U��
�
�
;X]Sh�4gcT]STa�?a^�RPQ[T�_PRZ��
DXYc�SQR\U�`QS[�Yc�ceYdQR\U�V_b�S_^^USdY^W�i_eb�S_]`edUb�d_�dXU�<Y^Ti�5hdU^TUb�@b_�
H<�e^Yd�_b�dXU�<Y^Ti�5hdU^TUb�@b_�HB�e^Yd��I_eb�@C�"�[UiR_QbT��@C�"�]_ecU��
]_^Yd_b��cdUbU_�c`UQ[Ubc�Q^T�]YSb_`X_^U�]Qi�RU�`\eWWUT�Y^d_�dXU�<Y^Ti�5hdU^TUb�
@b_�TYbUSd\i��
�
Quantity Description !������ � 8YWX�bUc_\edY_^�dbY�S_Qh�fYTU_�SQR\U���"�]UdbUc�\_^W�
"� ���� @C�"�[UiR_QbT�]_ecU�SQR\Uc���"�]UdbUc�\_^W�
"� � � CdUbU_�c`UQ[Ub�]YSb_`X_^U�QeTY_�SQR\Uc�°�"�]UdbUc�\_^W�
!���� ���� CUbYQ\�]_ecU�QTQ`dUb��`\eWc�_^d_�U^T�_V�@C�"�SQR\U��
!� ���� � 1D�[UiR_QbT�QTQ`dUb��`\eWc�_^d_�U^T�_V�@C�"�SQR\U��
�
�
�
�
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�!#�
*)����������������
!� �FWPc�h^d�fX[[�]TTS��
��1�SQdUW_bi�%��_b�RUddUb��dgYcdUT�`QYb�SQR\U�_V�dXU�bUaeYbUT�\U^WdX�d_�S_^^USd�dXU�
<Y^Ti�5hdU^TUb�H<�Q^T�HB�e^Ydc�d_WUdXUb��DXUcU�SQR\Uc�S_^dQY^�$�`QYbc�_V�dgYcdUT�
gYbUc��C`USYVYSQdY_^c�Q^T�bUS_]]U^TUT�SQR\U�di`Uc�QbU�WYfU^�Y^�Q``U^TYh�1��
<Y^Ti�5hdU^TUb�ce``_bdc�SQR\U�\U^WdXc�e`�d_�" �]UdbUc��CdbeSdebUT�gYbY^W�gYdXY^�
ReY\TY^Wc�]Qi�Q\c_�RU�ecUT�d_WUdXUb�gYdX�ceYdQR\U�`QdSX�SQR\Uc�Red�dXU�^e]RUb�_V�
SQR\U�S_^^USdY_^c�cX_e\T�RU�[U`d�d_�Q�]Y^Y]e]�d_�]QhY]YcU�cYW^Q\�aeQ\Ydi��
�
��3QR\Uc�d_�S_^^USd�dXU�<Y^Ti�5hdU^TUb�H<�e^Yd�d_�i_eb�S_]`edUb��3QR\U�
c`USYVYSQdY_^c�QbU�WYfU^�Y^�Q``U^TYh�1��3QR\U�`QS[c�QbU�QfQY\QR\U�V_b�dXU�<Y^Ti�
5hdU^TUb�YV�i_e�T_�^_d�gYcX�d_�`ebSXQcU�Y^TYfYTeQ\�SQR\Uc��I_e�T_�^_d�^UUT�d_�
S_^^USd�SQR\Uc�V_b�TUfYSUc�dXQd�i_e�T_�^_d�gYcX�d_�ecU�gYdX�dXU�UhSU`dY_^�_V�dXU�
[UiR_QbT�SQR\U�gXYSX�dXU�<Y^Ti�5hdU^TUb�H<�e^Yd�ecUc�d_�TbQg�`_gUb�Vb_]�dXU�
S_]`edUb��9V�i_e�T_�^_d�gYcX�d_�S_^^USd�Q�[UiR_QbT�dXU^�i_e�]Qi�Q\dUb^QdYfU\i�
`ebSXQcU�Q^�_`dY_^Q\�`_gUb�QTQ`dUb��`Qbd�S_TU*�@CE�953�%F�43��
�
��1�]_^Yd_b�gYdX�Q�cdQ^TQbT�F71�CF71��!%�`Y^��S_^^USd_b�dXQd�gY\\�g_b[�gXU^�
S_^^USdUT�TYbUSd\i�d_�i_eb�S_]`edUb��9V�i_e�QbU�S_^^USdY^W�Q^�QTTYdY_^Q\�S_]`edUb�
d_�dXU�<Y^Ti�5hdU^TUb�@b_�HB�e^Yd�dXU^�dXU�]_^Yd_b�]ecd�Q\c_�g_b[�gXU^�
S_^^USdUT�TYbUSd\i�d_�dXYc�S_]`edUb��<Y^Ti�5hdU^TUb�ce``_bdc�\_g�Q^T�XYWX�
bUc_\edY_^�]_^Yd_bc��
�
��1�cdQ^TQbT�1D�_b�@C�"�cdi\U�[UiR_QbT��9V�i_e�QbU�ecY^W�Q^�1D�[UiR_QbT�gYdX�Q�%�
`Y^�S_^^USd_b�i_e�]Qi�S_^^USd�dXYc�d_�dXU�<Y^Ti�5hdU^TUb�ecY^W�Q�cdQ^TQbT�1D�d_�
@C�"�[UiR_QbT�QTQ`dUb��
�
��1�@C�"�cdi\U�dg_�_b�dXbUU�Redd_^�=YSb_c_Vd��_b�<_WYdUSX��S_]`QdYR\U�]_ecU�_b�Q�
=YSb_c_Vd�9^dU\\Y=_ecU�S_]`QdYR\U�]_ecU��9V�i_e�XQfU�Q^�<Y^Ti�5hdU^TUb�@b_�Q^T�
i_e�gYcX�d_�ecU�dXU�]_ecU�d_�cgYdSX�dXU�HB�e^Ydµc�SXQ^^U\�dXU^�i_e�gY\\�^UUT�Q�
dXbUU�Redd_^�]_ecU�_b�Q^�9^dU\\Y=_ecU���
�
�DXU�<Y^Ti�5hdU^TUb�ce``_bdc�´9^dUb^Ud�=YSUµ�dXQd�QbU�S_]`QdYR\U�gYdX�dXU�=YSb_c_Vd�
9^dU\\Y=_ecU��DXUcU�QbU�VYddUT�gYdX�Q�gXUU\�_b�_dXUb�cSb_\\�S_^db_\�Q^T�c_]UdY]Uc�
XQfU�QTTYdY_^Q\�Redd_^c��5hQ]`\Uc�QbU*�=YSb_c_Vd�9^dU\\Y=_ecU��<_WYdUSX�@Y\_d�
=_ecU���<_WYdUSX�=_ecU=Q^���7U^Yec�>Ud=_ecU�Q^T�7U^Yec�>Ud=_ecU�@b_���
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�!$�
��1�ceYdQR\U�]_ecU�TbYfUb�V_b�i_eb�@3�c���Ce``_bdUT�di`Uc�QbU*�
��@C�"�_b�BC"#"�dg_�Redd_^�]_ecU�TbYfUb��Q^i�]Q^eVQSdebUb���
��=YSb_c_Vd�]_ecU�TbYfUb��Y^S\eTY^W�9^dU\\Y=_ecU���
��<_WYdUSX�]_ecU�TbYfUb��Y^S\eTY^W�dg_�Redd_^��dXbUU�Redd_^�Q^T�gXUU\�]_ecU��
�
�
8U�h^d�WPeT�cWT�;X]Sh�4gcT]STa�?a^�cWT]�h^d�\Ph�P[b^�aT`dXaT)�
�
��1^�QTTYdY_^Q\�cUd�_V�S_]`edUb�SQR\Uc�d_�S_^^USd�i_eb�QTTYdY_^Q\�S_]`edUb�d_�dXU�
<Y^Ti�5hdU^TUb�@b_�HB�e^Yd��
�
��1^�QTTYdY_^Q\�[UiR_QbT��]_ecU�Q^T�]_^Yd_b�_V�dXU�di`U�TUcSbYRUT�QR_fU�d_�
S_^^USd�d_�dXU�<Y^Ti�5hdU^TUb�H<�e^Yd��
�
��?^U�_b�dg_�cUdc�_V�cdUbU_�c`UQ[Ubc��
�
��?^U�_b�dg_�]YSb_`X_^Uc��
�
�
8U�h^d�aT`dXaT�c^�R^]]TRc�bTaXP[�STeXRTb�h^d�\Ph�P[b^�aT`dXaT)�
�
��CeYdQR\U�S_^fUbcY_^�SQR\Uc�d_�S_^^USd�i_eb�`QbdYSe\Qb�di`U�_V�BC"#"�TUfYSU��
BUVUb�d_�Q``U^TYh�1�V_b�]_bU�TUdQY\c���
�
� �
DbT�^U�?B�!�P]S�AB!"!�bch[T�\XRT�fXcW�cWT�;X]Sh�4gcT]STa���DXU�]_ecU�
S_^^USdY_^c�Vb_]�<Y^Ti�5hdU^TUb�d_�@3c�ce``_bd�UYdXUb�Q�@C�"�_b�Q^�BC"#"�]_ecU��
<Y^Ti�5hdU^TUb�Qed_]QdYSQ\\i�S_^fUbdc�Vb_]�dXU�@C�"�]_ecU�S_]]Q^Tc�d_�BC"#"�
cUbYQ\�]_ecU�S_]]Q^Tc��CUbYQ\�]YSU�di`Uc�QbU�cU\USdUT�Ri�ecY^W�Q^�QTQ`dUb�Qc�
TUcSbYRUT�Y^�1``U^TYh�1��DXU�)�`Y^�4�di`U�cUbYQ\�`_bdc�_^�dXU�<Y^Ti�5hdU^TUb�]Qi�
Q\c_�RU�S_^VYWebUT�d_�ce``_bd�cUbYQ\�]YSU�Red�dXYc�cUde`�Yc�\Ucc�YTUQ\�Q^T�Yc�dXUbUV_bU�
^_d�WU^UbQ\\i�bUS_]]U^TUT��DXU�<Y^Ti�5hdU^TUb�gY\\�_`UbQdU�gYdX_ed�Q�]_ecU�
S_^^USdUT�YV�i_e�T_�^_d�gYcX�d_�ecU�_^U��
�
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�!%�
!�!�<^d]cX]V�cWT�;X]Sh�4gcT]STa��
DXU�<Y^Ti�5hdU^TUb�XQc�RUU^�TUcYW^UT�d_�RU�ecUT�UYdXUb�_^�Q�TUc[d_`�_b�]_e^dUT�
Y^�Q�!)�Y^SX�bQS[��9V�dXU�<Y^Ti�5hdU^TUb�Yc�d_�RU�]_e^dUT�Y^�Q�!)�Y^SX�bQS[�dXU^�i_e�
gY\\�^UUT�dXU�_`dY_^Q\�bQS[�]_e^dY^W�[Yd��`Qbd�S_TU*�B=;�1<���DXU�<Y^Ti�5hdU^TUb�
]Qi�Q\c_�RU�]_e^dUT�_^�Q�ceYdQR\U�fUbdYSQ\�cebVQSU��ceSX�Qc�dXU�cYTU�_V�Q�TUc[��gYdX�
dXU�ecU�_V�cdb_^W�FU\Sb_�cdbY`c���
!�"�2^]]TRcX]V�h^da�STeXRTb��
5^cebU�dXQd�dXU�`_gUb�QTQ`dUb�Yc�TYcS_^^USdUT�Vb_]�dXU�<Y^Ti�5hdU^TUb�Q^T�dXQd�Q\\�
dXU�TUfYSUc�gXYSX�QbU�d_�RU�QddQSXUT�QbU�cgYdSXUT�_VV��3_^^USd�i_eb�TUfYSUc�d_�dXU�
<Y^Ti�5hdU^TUb�_b�<Y^Ti�5hdU^TUb�@b_�Qc�cX_g^�Y^�VYWebUc�$�Q^T�%��5^cebU�dXQd�dXU�
SQR\Uc�QbU�^_�\_^WUb�dXU^�dXU�]QhY]e]�SQR\U�\U^WdXc�c`USYVYUT�Y^�Q``U^TYh�1��1^i�
e^ecUT�S_]`edUb�_b�`UbY`XUbQ\�S_^^USdY_^c�SQ^�RU�\UVd�e^S_^^USdUT��D_�S_^^USd�
S_]`edUbc�gYdX�cUbYQ\�]_ecU�S_^^USdY_^c�Q^T�1D�cdi\U�[UiR_QbT�S_^^USdY_^c�ecU�
dXU�QTQ`dUbc�ce``\YUT�Y^�dXU�SQR\Y^W�`QS[�Qc�cX_g^�RU\_g��1\dUb^QdYfU\i��YV�i_e�XQfU�
SX_cU^�^_d�d_�`ebSXQcU�dXU�SQR\U�`QS[��bUVUb�d_�Q``U^TYh�1�V_b�SQR\U�c`USYVYSQdY_^c��
�
��
DXU�<Y^Ti�5hdU^TUb�Yc�^_g�bUQTi�V_b�ecU�Q^T�gY\\�cdQbd�d_�_`UbQdU�Qc�c__^�dXU�H<�Q^T�
HB�e^Ydc�QbU�R_dX�`_gUbUT�_^��DXUbU�Yc�^_�bUaeYbU]U^d�d_�cgYdSX�dXU�<Y^Ti�5hdU^TUb�
e^Ydc�_^�Y^�Q^i�TUVY^UT�_bTUb��DXU�<Y^Ti�5hdU^TUb�H<�e^Yd�^_b]Q\\i�TbQgc�Ydc�`_gUb�
Vb_]�dXU�S_^^USdUT�S_]`edUb�fYQ�dXU�[UiR_QbT�SQR\U��8_gUfUb��YV�i_e�QbU�
S_^^USdY^W�d_�Q�S_]`edUb�ecY^W�SQR\Uc�dXQd�QbU�\_^WUb�dXQ^�#�]UdbUc�_b�QbU�
S_^^USdY^W�d_�Q�\_gUb�`_gUbUT�TUfYSU��ceSX�Qc�c_]U�di`Uc�_V�[UiR_QbT�fYTU_��
]_ecU�cgYdSX��dXU�_`dY_^Q\�`_gUb�QTQ`dUb�]Qi�RU�bUaeYbUT��GXU^�ecY^W�dXU�_`dY_^Q\�
`_gUb�QTQ`dUb��U^cebU�dXQd�Yd�Yc�S_^^USdUT�d_�dXU�]QY^c�Q^T�`_gUbY^W�dXU�<Y^Ti�
5hdU^TUb�RUV_bU�i_e�cgYdSX�_^�dXU�S_^^USdUT�S_]`edUbc��E^TUb�dXUcU�
SYbSe]cdQ^SUc��VQY\ebU�d_�cgYdSX�dXU�<Y^Ti�5hdU^TUb�Q^T�S_]`edUbc�_^�Y^�dXU�S_bbUSd�
_bTUb�SQ^�\UQT�d_�dXU�]_ecU�Q^T�_b�[UiR_QbT�^_d�RUY^W�bUS_W^YcUT�Ri�dXU�
S_]`edUbc�gXU^�dXUi�QbU�cgYdSXUT�_^��
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�!&�
�
�
�
5XVdaT�#�¯�0�ch_XRP[�;X]Sh�4gcT]STa�X]bcP[[PcX^]�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�!'�
�
�
�
5XVdaT�$�¯�0�ch_XRP[�;X]Sh�4gcT]STa�?a^�X]bcP[[PcX^]�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�!(�
�
!�#�2^]UXVdaX]V�h^da�?2�b���
3_^VYWebU�i_eb�@3�Y^�dXU�cQ]U�gQi�dXQd�i_e�g_e\T�YV�i_eb�[UiR_QbT��]_ecU��
c`UQ[Ubc��]YSb_`X_^U�Q^T�]_^Yd_b�gUbU�Q\\�S_^^USdUT�TYbUSd\i�d_�i_eb�@3��Red�
RUQbY^W�Y^�]Y^T�dXU�V_\\_gY^W�`_Y^dc*�
�
��<Y^Ti�5hdU^TUb�U]e\QdUc�=YSb_c_Vd�S_]`QdYR\U�cUbYQ\��9^dU\\Y=_ecU�Q^T�@C�"�]YSU��
c_�U^cebU�dXQd�i_eb�@3�c_VdgQbU�Yc�S_^VYWebUT�V_b�Q�=YSb_c_Vd�]_ecU�_V�dXU�
S_bbUSd�di`U��BUVUb�d_�dXU�\Ycd�_V�ce``_bdUT�TbYfUbc�Y^�cUSdY_^�"�!��
�
��<Y^Ti�5hdU^TUb�ce``_bdc�F71�CF71�H71�H71"�di`U�]_^Yd_bc��Red�T_Uc�^_d�
ce``_bd�dXU�Qed_]QdYS�TUdUSdY_^�VUQdebUc�QfQY\QR\U�gYdX�c_]U�´`\eW�Q^T�`\Qiµ�
]_^Yd_bc�Q^T�fYTU_�SQbTc��9V�i_e�XQfU�dXYc�di`U�_V�fYTU_�SQbT�Q^T�]_^Yd_b��i_e�
cX_e\T�cU\USd�dXU�fYTU_�]_TU�]Q^eQ\\i�Y^cdUQT�_V�bU\iY^W�e`_^�dXU�Qed_]QdYS�
TUdUSdY_^�VUQdebU��
�
��DXU�c_e^T�aeQ\Ydi�_V�dXU�<Y^Ti�5hdU^TUb�@b_µc�QeTY_�c`UQ[Ub�SXQ^^U\c�Yc�
]QhY]YcUT�Ri�cUddY^W�dXU�]QhY]e]�`_ccYR\U�QeTY_�_ed`ed�\UfU\�Vb_]�i_eb�@3��
I_e�SQ^�dXU^�QTZecd�dXU�c`UQ[Ub�f_\e]U�d_�ceYd��
�
��DXU�c_e^T�aeQ\Ydi�_V�dXU�<Y^Ti�5hdU^TUb�@b_µc�QeTY_�]YSb_`X_^U�SXQ^^U\c�Yc�
]QhY]YcUT�Ri�cUddY^W�dXU�]Y^Y]e]�`_ccYR\U�QeTY_�Y^`ed�\UfU\�d_�i_eb�@3���
�
�
!�$�2^]UXVdaX]V�cWT�;X]Sh�4gcT]STa��
DXU�<Y^Ti�5hdU^TUb�Yc�ce``\YUT�Y^�Q�TUVQe\d�cdQdU�dXQd�Yc�ceYdQR\U�V_b�]_cd�Q``\YSQdY_^c�
UhSU`d�dXQd�dXU�fYTU_�S_]`U^cQdY_^�^UUTc�d_�RU�QTZecdUT�d_�]QdSX�dXU�
SXQbQSdUbYcdYSc�_V�dXU�dgYcdUT�`QYb�SQR\U��DXU�fYTU_�_^\i�^UUTc�d_�RU�S_]`U^cQdUT�
_^SU�TebY^W�cUde`�Qc�dXU�S_]`U^cQdY_^�fQ\eU�Yc�cd_bUT�Ri�dXU�<Y^Ti�5hdU^TUb�Q^T�
bUdQY^UT�UfU^�gXU^�dXU�`_gUb�Yc�_VV��
�
DXU�<Y^Ti�5hdU^TUb�Yc�S_^VYWebUT�ecY^W�dXU�V_\\_gY^W*�
�
�� >_cX^]�bfXcRWTb��bTT�bTRcX^]�!�&���
DXU�_`dY_^�cgYdSXUc�_^�dXU�cYTU�_V�dXU�<Y^Ti�5hdU^TUb�cU\USd�dXU�[UiR_QbT�X_d[Ui�
S_]RY^QdY_^�dXQd�Yc�ecUT�d_�QSSUcc�fYTU_�S_]`U^cQdY_^���S_^VYWebQdY_^�]_TU��DXUi�
Q\c_�S_^db_\�c_]U�_dXUb�XQbTgQbU�bU\QdUT�Ve^SdY_^c��
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�!)�
!�� EXST^�R^\_T]bPcX^]���R^]UXVdaPcX^]�\^ST��bTT�bTRcX^]�!�'���
DXYc�]_TU�Yc�U^dUbUT�Ri�di`Y^W�dXU�X_d[Ui�S_]RY^QdY_^��cU\USdUT�ecY^W�dXU�_`dY_^�
cgYdSXUc��_^�dXU�[UiR_QbT�QddQSXUT�d_�dXU�HB�bUSUYfUb��?^SU�gYdXY^�fYTU_�
S_]`U^cQdY_^���S_^VYWebQdY_^�]_TU�i_e�SQ^�QTZecd�dXU�fYTU_�S_]`U^cQdY_^�Q^T�
cU\USd�_dXUb�_`dY_^c�ecY^W�dXU�[UiR_QbT��DXU�cU\USdUT�_`dY_^c�QbU�cQfUT�Q^T�cd_bUT�
Y^�dXU�HB�e^Yd�gXU^�i_e�UhYd�S_]`U^cQdY_^���S_^VYWebQdY_^�]_TU��
�
!�%�BTccX]V�cWT�^_cX^]�bfXcRWTb��
DXU�_`dY_^�cgYdSXUc�_^�dXU�cYTU�_V�dXU�<Y^Ti�5hdU^TUb�HB�Q^T�H<�e^Ydc�QbU�ecUT�d_�
cU\USd�_`UbQdY^W�_`dY_^c��DXU�cgYdSXUc�QbU�S_^dY^e_ec\i�bUQT�Ri�dXU�<Y^Ti�5hdU^TUb�
Q^T�]Qi�RU�SXQ^WUT�gXY\cd�dXU�<Y^Ti�5hdU^TUb�Yc�`_gUbUT�_^��DXU�TUVQe\d�cUddY^W�
�Q\\�cgYdSXUc�?66��Yc�ceYdQR\U�V_b�]_cd�Y^cdQ\\QdY_^c��DXU�cgYdSXUc�QbU�cX_g^�Y^�
VYWebUc�&�Q^T�'�Q^T�XQfU�dXU�V_\\_gY^W�Ve^SdY_^c��
�
GA�d]Xc���BfXcRWTb� �c^�$�
BUcUbfUT�°�cUd�d_�?66�`_cYdY_^�
�
GA�d]Xc���BfXcRWTb�%�c^�'�
DXUcU�cgYdSXUc�cU\USd�dXU�X_d[Ui�S_]RY^QdY_^c�dXQd�QbU�bUS_W^YcUT�Ri�dXU�<Y^Ti�
5hdU^TUb��DXU�SX_cU^�X_d[Ui�S_]RY^QdY_^c�QbU�ecUT�d_�U^dUb�S_]`U^cQdY_^���
S_^VYWebQdY_^�]_TU��\_S[�dXU�<Y^Ti�5hdU^TUb��TYcQR\U�dXU�<Y^Ti�5hdU^TUbµc�fYTU_�Q^T�
cU\USd�RUdgUU^�\_SQ\�Q^T�bU]_dU�S_]`edUbc�_^�dXU�<Y^Ti�5hdU^TUb�@b_��
�
G;�d]Xc�¯�BfXcRW� �
DXYc�cgYdSX�]Qi�RU�ecUT�d_�bUcUd�dXU�H<�e^Yd�gYdX_ed�TYcS_^^USdY^W�dXU�`_gUb��9^�dXU�
?66�`_cYdY_^�dXU�<Y^Ti�5hdU^TUb�gY\\�_`UbQdU�^_b]Q\\i��9^�dXU�?>�`_cYdY_^�dXU�<Y^Ti�
5hdU^TUb�gY\\�cec`U^T�Q\\�_`UbQdY_^�Q^T�bUcUd�YdcU\V�d_�dXU�`_gUb�_VV�S_^TYdY_^��
3iS\Y^W�dXU�cgYdSX�Vb_]�dXU�?66�`_cYdY_^�d_�dXU�?>�`_cYdY_^�Q^T�RQS[�d_�dXU�?66�
`_cYdY_^�QWQY^�gY\\�`UbV_b]�Q�bUcUd�gYdX_ed�XQfY^W�d_�TYcS_^^USd�dXU�[UiR_QbT�\UQT�
Q^T�`_gUb�\UQT��
�
G;�d]Xc���BfXcRWTb�!�"�#�P]S�%�
BUcUbfUT�°�cUd�d_�?66�`_cYdY_^�
�
G;�d]Xc�¯�BfXcRW�$�
9V�dXYc�cgYdSX�Yc�cUd�d_�dXU��?>�`_cYdY_^�dXU^�dXU�bU]_dU�e^Yd�gY\\�W_�TYbUSd\i�Y^d_�
S_]`U^cQdY_^���S_^VYWebQdY_^�]_TU�Qd�`_gUb�_^��DXYc�U^QR\Uc�Q�`Qccg_bT�\_S[UT�
HB�e^Yd�d_�RU�bUcUd��CUU�cUSdY_^�#�)�V_b�VebdXUb�TUdQY\c��
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�" �
�
G;�d]Xc���BfXcRWTb�&�P]S�'�
DXUcU�cgYdSXUc�XQfU�^_�Ve^SdY_^�_^�dXU�<Y^Ti�5hdU^TUb��?^�dXU�<Y^Ti�5hdU^TUb�@b_��
dXU�cgYdSXUc�cU\USd�dXU�dY]U_ed�`UbY_T�V_b�cgYdSX_fUb�_V�S_]`edUb�S_^db_\�RUdgUU^�
dXU�\_SQ\��H<��Q^T�bU]_dU��HB��e^Ydc��DXU�dY]U_ed�`UbY_T�Yc�dXU�TebQdY_^�_V�[UiR_QbT�
Q^T�]_ecU�Y^QSdYfYdi�dXQd�]ecd�RU�TUdUSdUT�RUV_bU�dXU�<Y^Ti�5hdU^TUb�@b_�gY\\�cgYdSX�
S_^db_\�RUdgUU^�dXU�\_SQ\��H<��Q^T�bU]_dU��HB��ecUb�S_^c_\U��DXU�<Y^Ti�5hdU^TUb�
@b_�Q\\_SQdUc�S_^db_\�_V�dXU�S_]`edUb�d_�dXU�VYbcd�[UiR_QbT���]_ecU�cUd��\_SQ\�H<�_b�
bU]_dU�HB��dXQd�cU^Tc�[UiR_QbT�_b�]_ecU�TQdQ��DXU�_dXUb�[UiR_QbT���]_ecU�cUd�Yc�
dXU^�`bUfU^dUT�Vb_]�QSSUccY^W�dXU�S_]`edUb�e^dY\�^_�[UiR_QbT�_b�]_ecU�TQdQ�XQc�
RUU^�bUSUYfUT�V_b�dXU�dY]U_ed�`UbY_T��?^SU�Q�dY]U_ed�XQc�_SSebbUT�UYdXUb�[UiR_QbT���
]_ecU�cUd�]Qi�QSSUcc�dXU�S_]`edUb�_^�Q�VYbcd�S_]U�VYbcd�cUbfUT�RQcYc��
�
�
�
5XVdaT�%�¯�;X]Sh�4gcT]STa�GA�^_cX^]�bfXcRWTb��]^a\P[�P]S�?a^�\^ST[b��
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�"!�
�
�
�
5XVdaT�&�¯�;X]Sh�4gcT]STa�G;�^_cX^]�bfXcRWTb��]^a\P[�P]S�?a^�\^ST[b��
�
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�""�
!�'�BTccX]V�cWT�eXST^�R^\_T]bPcX^]��
DXU�<Y^Ti�5hdU^TUb�Y^S_b`_bQdUc�VY^U�fYTU_�S_]`U^cQdY_^�Q]`\YVYUbc�d_�]QhY]YcU�dXU�
`YSdebU�aeQ\Ydi�V_b�Q^i�WYfU^�\U^WdX�_V�dgYcdUT�`QYb�SQR\U��GXU^�i_e�VYbcd�`\eW�Y^�i_eb�
<Y^Ti�5hdU^TUb�i_e�gY\\�`b_RQR\i�^_dYSU�dXQd�dXU�`YSdebU�Q``UQbc�R\ebbUT�_b�TYcd_bdUT�
_b�T_Uc�^_d�Q``UQb�Qd�Q\\��DXU�`YSdebU�aeQ\Ydi�Yc�]QhY]YcUT�Ri�QTZecdY^W�dXU�fYTU_�
S_]`U^cQdY_^�cUddY^W��D_�T_�dXYc�ecU�dXU�V_\\_gY^W�`b_SUTebU��
�
BC4?� �
5^dUb�fYTU_�S_]`U^cQdY_^�]_TU�Ri�`bUccY^W�dXU�8?D;5IC�d_WUdXUb�gYdX����_^�
dXU�[UiR_QbT�S_^^USdUT�d_�dXU�HB�bUSUYfUb�e^Yd��DXU�8?D;5IC�QbU�dX_cU�dXQd�gUbU�
cUd�ecY^W�dXU�_`dY_^�cgYdSXUc��3DB<���1<D�Ri�TUVQe\d���
�
6_b�UhQ]`\U��Qcce]Y^W�dXU�TUVQe\d�X_d[Uic��`bUcc�dXUcU�[Uic�d_WUdXUb�*� � �
�
�������
�
BC4?�!��
DXU�<Y^Ti�5hdU^TUb�gY\\�^_g�RU�Y^�S_]`U^cQdY_^�QTZecd]U^d�]_TU��DXYc�Yc�Y^TYSQdUT�
Ri�dXU�>E=��31@C�Q^T�C3B?<<�\_S[�\YWXdc�_^�i_eb�[UiR_QbT��DXUcU�gY\\�V\QcX�Y^�
cUaeU^SU�Qd�Q�bQdU�dXQd�Y^TYSQdUc�dXU�\UfU\�_V�S_]`U^cQdY_^*�Q�c\_g�bQdU�_V�V\QcX�
Y^TYSQdUc�Q�S_]`U^cQdY_^�cUddY^W�ceYdQR\U�V_b�cX_bd�\U^WdXc�_V�dgYcdUT�`QYb�SQR\U�Q^T�
Q�VQcd�bQdU�_V�V\QcX�Y^TYSQdUc�Q�S_]`U^cQdY_^�cUddY^W�dXQd�Yc�ceYdQR\U�V_b�\_^W�\U^WdXc�
_V�dgYcdUT�`QYb�SQR\U��
�
�
@bUcc���d_�cU\USd�^_�fYTU_�S_]`U^cQdY_^��
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�"#�
�
I_e�cX_e\T�^_g�cUU�Q�´Vejjiµ�fYTU_�`YSdebU�_^�i_eb�]_^Yd_b�S_^^USdUT�d_�dXU�HB�
bUSUYfUb�e^Yd��
�
BC4?�"��
I_e�]Qi�^_g�ecU�dXU�V_\\_gY^W�[Uic�d_�cU\USd�dXU�bUaeYbUT�fYTU_�S_]`U^cQdY_^��
�
� CU\USdc�^_�fYTU_�S_]`U^cQdY_^��
�
� 9^SbUQcUc�dXU�fYTU_�S_]`U^cQdY_^��S_QbcU�QTZecd]U^d���
�
� 9^SbUQcUc�dXU�fYTU_�S_]`U^cQdY_^��VY^U�QTZecd]U^d���
�
� 4USbUQcUc�dXU�fYTU_�S_]`U^cQdY_^��S_QbcU�QTZecd]U^d���
�
4USbUQcUc�dXU�fYTU_�S_]`U^cQdY_^��VY^U�QTZecd]U^d���
�
FQbY_ec�_dXUb�[Uic�]Qi�Q\c_�RU�ecUT�d_�cU\USd�_`UbQdY^W�_`dY_^c��cUU�cUSdY_^�"�! ��
�
1c�i_e�SXQ^WU�dXU�fYTU_�S_]`U^cQdY_^�cUddY^W�i_e�gY\\�cUU�dXU�cXQb`^Ucc�_V�dXU�
`YSdebU�SXQ^WU��DXU�<Y^Ti�5hdU^TUb�SQ\Se\QdUc�dXU�bUaeYbUT�RbYWXd^Ucc�Qed_]QdYSQ\\i��
I_e�gY\\�^UUT�]_bU�fYTU_�S_]`U^cQdY_^�V_b�\_^WUb�dgYcdUT�`QYb�SQR\U�TYcdQ^SUc��
1TZecd�dXU�fYTU_�S_]`U^cQdY_^�e^dY\�i_e�QSXYUfU�dXU�RUcd�`YSdebU��9V�i_e�QTT�d__�
]eSX�S_]`U^cQdY_^�dXU^�dXU�`YSdebU�]Qi�RU�\_cd��9V�dXYc�XQ``U^c�bUTeSU�dXU�
S_]`U^cQdY_^�d_�bUcd_bU�dXU�`YSdebU��
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�"$�
DXU�RUcd�S_]`U^cQdY_^�cUddY^W�]Qi�RU�cUd�ecY^W�dXU�V_\\_gY^W�dUSX^YaeU��
�
• @bUcc���e^dY\�i_e�_RcUbfU�gXYdU�dbQY\Y^W�UTWUc�_^�dXU�bYWXd�XQ^T�cYTU�_V�
R\QS[�dUhd�_b�WbQ`XYSc��
�
�
• @bUcc�Q^T�bU\UQcU�cUfUbQ\�dY]Uc�e^dY\�dXU�gXYdU�dbQY\Y^W�UTWUc�Zecd�TYcQ``UQb��
�
�
BC4?�#�
@bUcc�� d_�UhYd�Vb_]�S_]`U^cQdY_^�]_TU��
�
DXU�<Y^Ti�5hdU^TUb�cQfUc�dXU�cU\USdUT�fYTU_�S_]`U^cQdY_^�cUddY^W�gXU^�i_e�UhYd�
Vb_]�S_]`U^cQdY_^�]_TU��DXYc�cUddY^W�Yc�bUdQY^UT�gYdXY^�dXU�<Y^Ti�5hdU^TUb�UfU^�
gXU^�dXU�`_gUb�Yc�_VV�Q^T�c_�e^\Ucc�i_e�SXQ^WU�dXU�dgYcdUT�`QYb�SQR\U�i_e�gY\\�^_d�
^UUT�d_�bU�QTZecd�dXU�S_]`U^cQdY_^�cUddY^W�QWQY^��
�
�
!�(�2^]UXVdaX]V�dbTa�bT[TRcPQ[T�^_cX^]b��
DXU�<Y^Ti�5hdU^TUb�ce``_bdc�Q�^e]RUb�_V�ecUb�S_^VYWebQR\U�_`dY_^c�dXQd�SXQ^WU�dXU�
TUdQY\UT�_`UbQdY_^�_V�dXU�<Y^Ti�5hdU^TUb�d_�]QdSX�dXU�bUaeYbUT�Q``\YSQdY_^��DXUcU�
]Qi�RU�cU\USdUT�gXY\cd�dXU�<Y^Ti�5hdU^TUb�Yc�Y^�fYTU_�S_]`U^cQdY_^���S_^VYWebQdY_^�
]_TU��GXY\cd�gYdXY^�S_^VYWebQdY_^�]_TU�dXU�fUbcY_^�^e]RUb�_V�dXU�<Y^Ti�5hdU^TUbµc�
VYb]gQbU�]Qi�Q\c_�RU�aeUbYUT��
D_�U^dUb�S_^VYWebQdY_^�]_TU�`bUcc�dXU�8?D;5IC�d_WUdXUb�gYdX����_^�dXU�
[UiR_QbT�S_^^USdUT�d_�dXU�HB�bUSUYfUb�e^Yd��DXU�8?D;5IC�QbU�dX_cU�dXQd�gUbU�cUd�
ecY^W�dXU�_`dY_^�cgYdSXUc��3DB<���1<D�Ri�TUVQe\d���
�
6_b�UhQ]`\U��Qcce]Y^W�dXU�TUVQe\d�X_d[Uic��`bUcc�dXUcU�[Uic�d_WUdXUb�*�
� � �
������
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�"%�
?`dY_^c�QbU�dXU^�cUd�Ri�`bUccY^W�Q�\UddUb�[Ui�V_\\_gUT�Ri�Q�^e]RUb�[Ui�V_\\_gUT�Ri�
dXU�B5DEB>�[Ui��6_b�UhQ]`\U�d_�cU\USd�Q^�BC"#"�RQeT�bQdU�_V�!" �ecU�dXU�
V_\\_gY^W*�
�
GXY\cd�gYdXY^�S_^VYWebQdY_^�]_TU�`bUcc ������ DXU�^e]��SQ`c�Q^T�cSb_\\�\_S[�\YWXdc�gY\\�Y^TYSQdU�S_bbUSd�QSSU`dQ^SU�_V�dXU�S_]]Q^T�
Qc�V_\\_gc*�
�
• 9^�S_]`U^cQdY_^���S_^VYWebQdY_^�dXU�^e]��SQ`c�Q^T�cSb_\\�\_S[�\YWXdc�gY\\�V\QcX�Y^�
cUaeU^SU��
• 1VdUb�`bUccY^W�dXU�VYbcd�[Ui�_V�Q�S_]]Q^T�cUaeU^SU�dXU�^e]��SQ`c�Q^T�cSb_\\�
\_S[�\YWXdc�gY\\�Q\\�RU�Y\\e]Y^QdUT� • 1VdUb�`bUccY^W�dXU�cUS_^T�[Ui�_V�Q�S_]]Q^T�cUaeU^SU�dXU�^e]�Q^T�SQ`c�\_S[�
\YWXdc�gY\\�RU�_^�Q^T�dXU�cSb_\\�\_S[�\YWXd�gY\\�RU�_VV� • 1VdUb�`bUccY^W�B5DEB>�dXU�S_]]Q^T�gY\\�XQfU�RUU^�QSSU`dUT�Q^T�dXU�^e]��
SQ`c�Q^T�cSb_\\�\_S[�\YWXdc�gY\\�W_�RQS[�d_�V\QcXY^W�Y^�cUaeU^SU� �
GXU^�i_e�XQfU�VY^YcXUT�cU\USdY^W�_`dY_^c��bUdeb^�d_�^_b]Q\�_`UbQdY_^�Ri�`bUccY^W�
�
� �
!� ��Bd\\Pah�^U�;X]Sh�4gcT]STa�R^]UXVdaPcX^]�^_cX^]b��
6e\\�TUdQY\c�_V�UQSX�_V�dXU�S_^VYWebQdY_^�_`dY_^c�Q^T�dXUYb�ecUc�QbU�WYfU^�Y^�cUSdY_^�$��
�
�� �����CUd�BC"#"�RQeT�bQdU�d_�!" ��TUVQe\d���cUU�cUSdY_^�$�!���
�� �����CUd�BC"#"�RQeT�bQdU�d_�)& �
�
�
�� �����AeUbi�<Y^Ti�5hdU^TUb�VYb]gQbU�fUbcY_^��cUU�cUSdY_^�#�! ���
�� �����BUcUdc�Q\\�ecUb�S_^VYWebQR\U�_`dY_^c�d_�dXU�TUVQe\d�cdQdU��cUU�$�#��
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�"&�
�� �����=_ecU�S_]`QdYR\U�BC"#"�`b_d_S_\��TUVQe\d��°�_fUbbYTUc�Q\\�_dXUb
� � ������BC"#"�cUddY^Wc��cUU�cUSdY_^�$�!��
�� �����BC"#"�`b_d_S_\�ecUc�XQbTgQbU�XQ^TcXQ[Y^W��
� �����BC"#"�`b_d_S_\�ecUc�^_�XQ^TcXQ[Y^W��!" �RQeT�]Qh���
�
�
� �����<Y^Ti�5hdU^TUb�@b_�SXQ^^U\c�QbU�^_d�cgYdSXQR\U�Ri�Q�#�Redd_^��
]_ecU�_b�9^dU\\Y=_ecU��TUVQe\d���cUU�cUSdY_^�$�"��
� �����<Y^Ti�5hdU^TUb�@b_�SXQ^^U\c�QbU�cgYdSXQR\U�Ri�Q�#�Redd_^�]_ecU��
_b�9^dU\\Y=_ecU��cUU�cUSdY_^�$�"��
�� �����BUcUd�]_ecU�Ve^SdY_^��cUU�cUSdY_^�"�!"���
� �����BUcUd�9^dU\\Y=_ecU�Ve^SdY_^��cUU�cUSdY_^�"�!"��
�
�
� j?0BBF>A3l���°�CUdc�Q�cUSebYdi�`Qccg_bT��cUU�cUSdY_^�#�)���
� ��°�3\UQbc�dXU�cUSebYdi�`Qccg_bT��cUU�cUSdY_^�#�)��
�
�
�
�� �����BC"#"�`b_d_S_\�ecUc�!�cd_`�RYd��cUU�cUSdY_^�$�!���
�� �����BC"#"�`b_d_S_\�ecUc�"�cd_`�RYdc��TUVQe\d��
�
� �����BC"#"�`b_d_S_\�ecUc�^_�`QbYdi��TUVQe\d���cUU�cUSdY_^�$�!���
�� �����BC"#"�`b_d_S_\�ecUc�UfU^�`QbYdi��
�� �����BC"#"�`b_d_S_\�ecUc�_TT�`QbYdi�
�
�
�� �����BC"#"�`b_d_S_\�ecUc�'�RYdc�`Ub�SXQbQSdUb��TUVQe\d���cUU�$�!���
�� �����BC"#"�`b_d_S_\�ecUc�(�RYdc�`Ub�SXQbQSdUb�
�
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�"'�
!� �>cWTa�dbTUd[�X]bcP[[PcX^]�X]U^a\PcX^]��
?2�Q^^c�d_�bT`dT]RT���GXU^�i_eb�@3c�QbU�`_gUbUT�_^�dXUi�S_]]e^YSQdU�gYdX�
Q^i�QddQSXUT�[UiR_QbTc�Q^T�]YSU�Q^T�cUde`�`QbQ]UdUbc�bUaeYbUT�Ri�dXU�`QbdYSe\Qb�
_`UbQdY^W�cicdU]��9d�Yc�^USUccQbi�V_b�dXU�<Y^Ti�5hdU^TUb�d_�RU�QddQSXUT�Q^T�`_gUbUT�
_^�TebY^W�dXYc�cUaeU^SU�c_�dXQd�Yd�SQ^�WYfU�dXU�bUaeYbUT�bUc`_^cUc�Q^T�[UU`�dbQS[�_V�
Q\\�dXU�]_TUc�Q^T�cUddY^Wc�bUaeUcdUT�Ri�UQSX�_V�dXU�S_^^USdUT�@3c����
�
<^dbT�RWPaPRcTaXbcXRb���T_�^_d�e^`\eW�Q�@C�"�]_ecU�S_^^USdY_^�Vb_]�Q�@3�gXY\cd�
dXU�@3�Yc�_^��4eU�d_�dXU�TUcYW^�_V�@C�"�]YSU�S_]]e^YSQdY_^c�dXU�]_ecU�Ve^SdY_^�_^�
dXU�@3�gY\\�RU�\_cd�Q^T�i_e�gY\\�XQfU�d_�bU�R__d�dXU�@3�d_�bUWQY^�^_b]Q\�_`UbQdY_^��
E^`\eWWY^W�dXU�]_ecU�Vb_]�dXU�<Y^Ti�5hdU^TUb�gY\\�Q\c_�SQecU�Yd�d_�cd_`�_`UbQdY^W�
gXU^�Yd�Yc�`\eWWUT�RQS[�Y^��BC"#"�]YSU�SQ^�eceQ\\i�RU�e^`\eWWUT�Q^T�`\eWWUT�RQS[�
Y^�`b_fYTUT�dXQd�Q�]_ecU�gQc�S_^^USdUT�gXU^�dXU�_`UbQdY^W�cicdU]�Y^YdYQ\\i�R__dUT���
�
:ThQ^PaS�P]S�\^dbT�\^ST�bfXcRWX]V���DXU�<Y^Ti�5hdU^TUb�[UU`c�Q�\_W�_V�dXU�
[UiR_QbT�Q^T�]_ecU�]_TU�Q^T�bUc_\edY_^�cUddY^Wc�bUaeUcdUT�Ri�dXU�S_^^USdUT�
@3�c���DXUcU�cUddY^Wc�QbU�Qed_]QdYSQ\\i�S_]]e^YSQdUT�d_�dXU�[UiR_QbT�Q^T�]_ecU�
Qc�bUaeYbUT�d_�U^cebU�]QhY]e]�c_VdgQbU�S_]`QdYRY\Ydi��DXU�[UiR_QbT�^e]��SQ`c�
Q^T�cSb_\\�\_S[�cdQdUc�QbU�Q^�_RfY_ec�UhQ]`\U�_V�dXYc�`b_SUcc��
�
�
!� !�7^c�_[dVVX]V�cWT�;X]Sh�4gcT]STa�X]c^�ad]]X]V�bhbcT\b�P]S�aT�
T]PQ[X]V�SXbR^]]TRcTS�2?D�?B�!�\^dbT�R^]]TRcX^]b��
9d�Yc�QTfYcUQR\U�d_�cgYdSX�_VV�dXU�cicdU]c�dXQd�QbU�W_Y^W�d_�RU�S_^^USdUT�d_�dXU�<Y^Ti�
5hdU^TUb�RUV_bU�Y^cdQ\\QdY_^��8_gUfUb�YV�dXYc�Yc�^_d�`_ccYR\U�dXU^�]_cd�cicdU]c�SQ^�
RU�X_d�`\eWWUT�Ri�ecY^W�dXU�<Y^Ti�5hdU^TUbµc�]_ecU�bUcd_bQdY_^�Ve^SdY_^c��DXU�
[UiR_QbT�S_^^USdY_^�gY\\�^_b]Q\\i�bUcd_bU�YdcU\V�Qed_]QdYSQ\\i��
�
?^�]Q^i�@3c��]_ecU�]_fU]U^d�gY\\�RU�\_cd�YV�dXU�@C�"�]_ecU�Yc�e^`\eWWUT�Q^T�
`\eWWUT�RQS[�Y^�gXY\cd�dXU�@3�Yc�be^^Y^W��=_ecU�]_fU]U^d�SQ^�dXU^�_^\i�RU�
bUcd_bUT�Ri�bUR__dY^W�dXU�@3��DXYc�Yc�RUSQecU�dXU�]_ecU�TbYfUbc�_^\i�cUde`�Q^T�
U^QR\U�dXU�]_ecU�gXU^�dXU�@3�Yc�Y^YdYQ\\i�R__dUT��
�
9V�i_e�XQfU�cgYdSXUT�_VV�i_eb�<Y^Ti�5hdU^TUb�_b�i_e�QbU�QddU]`dY^W�d_�´X_d�`\eWµ�Yd�Y^d_�
Q�cicdU]�dXQd�Yc�Q\bUQTi�be^^Y^W��i_e�]Qi�RU�QR\U�d_�bUcd_bU�\_cd�]_ecU�]_fU]U^d�
ecY^W�dXU�<Y^Ti�5hdU^TUb�c�]_ecU�bUcd_bQdY_^�Ve^SdY_^c���
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�"(�
<^dbT�aTbc^aPcX^]�Ud]RcX^]b�bW^d[S�QT�dbTS�fXcW�RPaT�Pb�d]_aTSXRcPQ[T�
aTbd[cb�\Ph�^RRda�XU�cWT�fa^]V�\^dbT�ch_T�Xb�bT[TRcTS��8U�X]�S^dQc�aTbc^aT�cWT�
\^dbT�Qh�_^fTaX]V�S^f]�cWT�?2�]^a\P[[h��
�
CdQ^TQbT�@C�"�]_ecU�TQdQ�ecUc�Q�TYVVUbU^d�TQdQ�V_b]Qd�d_�9^dU\\Y=_ecU�TQdQ�Q^T�c_�
dg_�bUcUd�Ve^SdY_^c�QbU�`b_fYTUT�_^�dXU�<Y^Ti�5hdU^TUb��DXU�di`U�_V�TQdQ�V_b]Qd�
Uh`USdUT�Ri�dXU�@3�TU`U^Tc�e`_^�dXU�TbYfUb�Q^T�dXU�di`U�_V�]_ecU�dXQd�gQc�
S_^^USdUT�gXU^�dXU�TbYfUb�gQc�R__dUT��DXU�V_\\_gY^W�dQR\U�]Qi�RU�ecUT�Qc�Q�WeYTU��
>_dU�dXQd�dXU�]_ecU�bUcUd�Ve^SdY_^c�`bUTYSd�dXU�\Y[U\i�]_ecU�bUc_\edY_^�cUddY^Wc�Red�
]Qi�^_d�bUcd_bU�dXU�c`UUT�_b�cU^cYdYfYdi�_V�dXU�]_ecU�UhQSd\i�Qc�dXUi�gUbU�gXU^�dXU�
@3�_bYWY^Q\\i�R__dUT��
�
Ch_T�^U�\^dbT���bhbcT\�� 3aXeTa�ch_T� ;XZT[h�Tg_TRcTS�� BdVVTbcTS�
2^]]TRcTS�Pc�Q^^cd_� � � � SPcP�U^a\Pc� � aTbc^aPcX^]��
@C�"� @C�"�_^\i� � @C�"� � � 6%�
@C�"� 9^dU\\Y=_ecU� @C�"� � � 6%�
9^dU\\Y=_ecU���3@E�CgYdSX� @C�"�_^\i� � @C�"� � � 6%�
9^dU\\Y=_ecU���3@E�CgYdSX� 9^dU\\Y=_ecU� 9^dU\\Y=_ecU� � 6&�
�
D_�bUcd_bU�\_cd�]_ecU�]_fU]U^d�_^�Q�3@E�S_^^USdUT�d_�dXU�<Y^Ti�5hdU^TUb*�
�
!�� 5^cebU�dXQd�dXU�fYTU_�`YSdebU�_V�dXU�3@E�dXQd�XQc�\_cd�Ydc�]_ecU�]_fU]U^d�Yc�
TYc`\QiUT�_^�dXU�]_^Yd_b�S_^^USdUT�d_�dXU�HB�e^Yd��
"�� 5^dUb�dXU�S_^VYWebQdY_^�]_TU�Ri�`bUccY^W�´8?D;5ICµ�Q^T�B5DEB>�_^�dXU�
[UiR_QbT�S_^^USdUT�d_�dXU�HB�e^Yd��6_b�UhQ]`\U*�
�
��� ��
�
#�� D_�bUcd_bU�Q�@C�"�]_ecU�S_^^USdY_^�`bUcc��
�����
�
�����?b��d_�bUcd_bU�Q^�9^dU\\Y=_ecU�S_^^USdY_^�`bUcc��
������
$���5hYd�Vb_]�S_^VYWebU�]_TU�Ri�di`Y^W�� � ��
��
%�� DUcd�dXU�]_ecU�]_fU]U^d�Ri�]_fY^W�dXU�]_ecU�Q�cX_bd�TYcdQ^SU����
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�")�
+)�����&��� ��������� �� ����
�
DXYc�cUSdY_^�Uh`\QY^c�dXU�WU^UbQ\�_`UbQdY_^�_V�dXU�<Y^Ti�5hdU^TUb��GU�bUS_]]U^T�
dXQd�i_e�bUQT�dXYc�cUSdY_^�RUV_bU�cdQbdY^W�d_�ecU�dXU�`b_TeSd��
��
�
"� �?^fTa�^]�bcPcdb��
DXU�<Y^Ti�5hdU^TUb�Yc�bUQTi�V_b�ecU�Qc�c__^�Qc�dXU�HB�bUSUYfUb�Q^T�H<�dbQ^c]YddUb�
XQfU�RUU^�`_gUbUT�_^��BU]U]RUb�dXQd�dXU�H<�dbQ^c]YddUb�eceQ\\i�TbQgc�Ydc�`_gUb�
Vb_]�dXU�S_]`edUb�fYQ�dXU�[UiR_QbT�SQR\U�Q^T�dXU�HB�e^Yd�TbQgc�Ydc�`_gUb�V_b]�dXU�
ce``\YUT�`_gUb�QTQ`dUb���
�
9V�Q�cUSebYdi�`Qccg_bT�XQc�^_d�RUU^�cUd�dXU^�dXU�<Y^Ti�5hdU^TUb�HB�e^Yd�gY\\�`_gUb�
_^�Q^T�Y]]UTYQdU\i�UcdQR\YcX�Q�\Y^[�d_�dXU�bU]_dU�S_]`edUb�QddQSXUT�d_�dXU�H<�e^Yd��
?^�dXU�<Y^Ti�5hdU^TUb�dXYc�Yc�Y^TYSQdUT�Ri�dXU�QSdYfYdi�\YWXd�Y\\e]Y^QdY^W�Q^T�_^�dXU�
<Y^Ti�5hdU^TUb�@b_�dXYc�Yc�Y^TYSQdUT�Ri�dXU�bU]_dU��!��\YWXd�Y\\e]Y^QdY^W��
�
9V�Q�cUSebYdi�`Qccg_bT�XQc�RUU^�cUd�dXU^�dXU�<Y^Ti�5hdU^TUb�HB�e^Yd�gY\\�_^\i�
Y\\e]Y^QdU�dXU�`_gUb�\YWXd�_^�dXU�HB�e^Yd�Q^T�gY\\�^_d�TYc`\Qi�Q^i�fYTU_��DXU�<Y^Ti�
5hdU^TUb�gY\\�Y^TYSQdU�dXQd�Yd�Yc�gQYdY^W�V_b�Q�`Qccg_bT�d_�RU�U^dUbUT�Ri�Q\dUb^QdU\i�
Y\\e]Y^QdY^W�dXU�^e]�Q^T�cSb_\\�\_S[�\YWXdc�Q^T�dXU^�dXU�SQ`c�\_S[�\YWXd�_^�dXU�
[UiR_QbT�QddQSXUT�d_�dXU�HB�bUSUYfUb�e^Yd��
�
DXU�<Y^Ti�5hdU^TUb�H<�e^Yd�TbQgc�Ydc�`_gUb�Vb_]�dXU�QddQSXUT�3@E�fYQ�dXU�[UiR_QbT�
SQR\U��DXU�WbUU^�`_gUb�\YWXd�S_^VYb]c�dXQd�dXUbU�Yc�ceVVYSYU^d�`_gUb�QfQY\QR\U��9V�dXU�
`_gUb�\YWXd�V\QcXUc�_b�Yc�_VV�S_^dY^e_ec\i�dXU^�dXUbU�Yc�^_d�ceVVYSYU^d�`_gUb�QfQY\QR\U��
�
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�# �
"�!�;X]Sh�4gcT]STa�X]SXRPc^a�[XVWcb��
DXU�<Y^Ti�5hdU^TUb�Y^TYSQd_b�\YWXdc�XQfU�dXU�V_\\_gY^W�]UQ^Y^W�
�
;X]Sh�4gcT]STa�G;��
8]SXRPc^a� 2^[^da�� BcPcdb� <TP]X]V�
@?G5B�� 7bUU^� ?>� <Y^Ti�5hdU^TUb�Yc�_^�Q^T�dXUbU�Yc�ceVVYSYU^d����
� � � � `_gUb�QfQY\QR\U�
� � ?66� <Y^Ti�5hdU^TUb�Yc�_VV�Q^T�ceVVYSYU^d�`_gUb�Yc�^_d��
� � � � QfQY\QR\U�
� � 6<1C89>7�9^ceVVYSYU^d�`_gUb�Yc�QfQY\QR\U��]QbWY^Q\�
� � � � `_gUb��
�
13D9F9DI� BUT� ?>� ;UiR_QbT�_b�]_ecU�TQdQ�Yc�RUY^W�bUSUYfUT��
� � � � Vb_]�dXU�HB�e^Yd�
� � ?66� >_�[UiR_QbT�_b�]_ecU�TQdQ�Yc�RUY^W��
� � � � BUSUYfUT�Vb_]�dXU�HB�e^Yd�
�
<9>;� ?bQ^WU� ?>� DXU�H<�e^Yd�Yc�S_^^USdUT�d_�Q^�HB�e^Yd�
� � ?66� DXU�H<�e^Yd�Yc�^_d�S_^^USdUT�d_�Q^�HB�e^Yd�
�
�
;X]Sh�4gcT]STa�GA��
8]SXRPc^a� 2^[^da�� BcPcdb� <TP]X]V�
@?G5B�� 7bUU^� ?>� <Y^Ti�5hdU^TUb�Yc�_^�
� � ?66� <Y^Ti�5hdU^TUb�Yc�_VV��
�
13D9F9DI� BUT� ?>� DXU�<Y^Ti�5hdU^TUb�Yc�^_d�\_S[UT�Q^T�^_��
� � � � [UiR_QbT�_b�]_ecU�TQdQ�Yc�RUY^W�bUSUYfUT�
� � 6<1C89>7�DXU�<Y^Ti�5hdU^TUb�Yc�^_d�\_S[UT�Q^T�[UiR_QbT��
� � � � _b�]_ecU�TQdQ�Yc�RUY^W�bUSUYfUT�
� � ?66� DXU�<Y^Ti�5hdU^TUb�Yc�\_S[UT�_b�TYcQR\UT�
�
<9>;� ?bQ^WU� ?>� DXU�HB�e^Yd�Yc�S_^^USdUT�d_�Q^�H<�e^Yd�
� � ?66� DXU�HB�e^Yd�Yc�^_d�S_^^USdUT�d_�Q^�H<�e^Yd�
� � �
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�#!�
;X]Sh�4gcT]STa��6^[S�G;��
8]SXRPc^a� 2^[^da�� BcPcdb� <TP]X]V�
@?G5B�� 7bUU^� ?>� <Y^Ti�5hdU^TUb�Yc�_^�Q^T�dXUbU�Yc�ceVVYSYU^d����
� � � � `_gUb�QfQY\QR\U�
� � ?66� <Y^Ti�5hdU^TUb�Yc�_VV�Q^T�ceVVYSYU^d�`_gUb�Yc�^_d��
� � � � QfQY\QR\U�
� � 6<1C89>7�9^ceVVYSYU^d�`_gUb�Yc�QfQY\QR\U��]QbWY^Q\�
� � � � `_gUb��
�
B5=?D5�1� BUT� ?>� ;UiR_QbT�_b�]_ecU�TQdQ�XQc�RUU^�bUSUYfUT��
� � � � Vb_]�dXU�HB�e^Yd�Q^T�dXU�[UiR_QbT�Q^T�]_ecU��
� � � � QddQSXUT�d_�dXU�HB�e^Yd�XQfU�S_^db_\�_V�dXU�@3�
� � ?66� DXU�[UiR_QbT�Q^T�]_ecU�QddQSXUT�d_�dXU�HB�
� � � � e^Yd�T_�^_d�XQfU�S_^db_\�_V�dXU�@3�
�
<?31<�2� BUT� ?>� ;UiR_QbT�_b�]_ecU�TQdQ�XQc�RUU^�bUSUYfUT��
� � Vb_]�dXU�[UiR_QbT�Q^T�]_ecU�QddQSXUT�d_�dXU�H<��
� � e^Yd�gXYSX�SebbU^d\i�XQfU�S_^db_\�_V�dXU�@3�
� � ?66� DXU�[UiR_QbT�Q^T�]_ecU�QddQSXUT�d_�dXU�H<�
� � � � e^Yd�T_�^_d�XQfU�S_^db_\�_V�dXU�@3�
�
;X]Sh�4gcT]STa�?a^�GA��
8]SXRPc^a� 2^[^da�� BcPcdb� <TP]X]V�
@?G5B�� 7bUU^� ?>� <Y^Ti�5hdU^TUb�Yc�_^�
� � ?66� <Y^Ti�5hdU^TUb�Yc�_VV��
�
B5=?D5�!� BUT� ?>� BU]_dU�@3�QddQSXUT�d_�H<�e^Yd�Yc�cU\USdUT�
� � ?66� BU]_dU�@3�QddQSXUT�d_�H<�e^Yd�Yc�^_d�cU\USdUT�
� � 6<1C89>7�BU]_dU�@3�Yc�cU\USdUT�Q^T�[UiR_QbT���]_ecU��
� � � � TQdQ�YV�RUY^W�bUSUYfUT���
�
<?31<�"� BUT� ?>� <_SQ\�@3�QddQSXUT�d_�HB�e^Yd�Yc�cU\USdUT�
� � ?66� <_SQ\�@3�QddQSXUT�d_�HB�e^Yd�Yc�^_d�cU\USdUT�
� � 6<1C89>7�<_SQ\�@3�Yc�cU\USdUT�Q^T�[UiR_QbT���]_ecU��
� � � � TQdQ�YV�RUY^W�bUSUYfUT� � � � �
� � �
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�#"�
"�"�:ThQ^PaS�=D<��20?B�P]S�B2A>;;�[^RZ�X]SXRPc^ab��
DXU�<Y^Ti�5hdU^TUb�ecUc�dXU�[UiR_QbT�>E=��31@C�Q^T�C3B?<<�\_S[�\YWXdc�d_�
Y^TYSQdU�fQbY_ec�_`UbQdY^W�S_^TYdY_^c�Qc�V_\\_gc*�
�
=D<��20?B�P]S�B2A>;;�[^RZ�[XVWcb�U[PbW�X]�bT`dT]RT�
�
DXU�<Y^Ti�5hdU^TUb�V\QcXUc�dXU�>E=��31@C�Q^T�C3B?<<�\_S[�\YWXdc�Y^�cUaeU^SU�
_^�dXU�[UiR_QbT�S_^^USdUT�d_�dXU�HB�e^Yd�d_�Y^TYSQdU�dXQd�dXU�<Y^Ti�5hdU^TUb�Yc�Y^�
fYTU_�S_]`U^cQdY_^���S_^VYWebQdY_^�]_TU��DXU�>E=�\_S[�\YWXd�S_]Uc�_^�VYbcd�gYdX�
31@C�Q^T�C3B?<<�_VV��DXU^�dXU�31@C�\_S[�S_]Uc�_^�gYdX�>E=�Q^T�C3B?<<�_VV�
Q^T�VY^Q\\i�dXU�C3B?<<�\_S[�S_]Uc�_^�gYdX�>E=�Q^T�31@C�_VV��DXU�bQdU�_V�V\QcXY^W�
Y^TYSQdUc�dXU�\UfU\�_V�fYTU_�S_]`U^cQdY_^�Q``\YUT�Ri�dXU�fYTU_�S_]`U^cQdY_^�
Q]`\YVYUbc��1�c\_g�V\QcX�bQdU�Y^TYSQdUc�Q�c]Q\\�Q]_e^d�_V�S_]`U^cQdY_^��cX_bd�dgYcdUT�
`QYb�SQR\U�TYcdQ^SU����1�VQcd�V\QcX�bQdU�Y^TYSQdUc�Q�WbUQdUb�\UfU\�_V�fYTU_�
S_]`U^cQdY_^�V_b�\_^WUb�SQR\Uc��
�
�
=D<��20?B�P]S�B2A>;;�[^RZ�[XVWcb�U[PbW�c^VTcWTa�
�
DXU�<Y^Ti�5hdU^TUb�@b_�V\QcXUc�dXU�>E=��31@C�Q^T�C3B?<<�\_S[�\YWXd�d_WUdXUb�_^�
dXU�[UiR_QbT�QddQSXUT�d_�dXU�H<�e^Yd�_b�dXU�[UiR_QbT�QddQSXUT�d_�dXU�HB�e^Yd�d_�
Y^TYSQdU�dXQd�dXU�_dXUb�[UiR_QbT�SebbU^d\i�XQc�S_^db_\�_V�dXU�S_]`edUb�S_^^USdUT�d_�
dXU�H<�e^Yd���DXUcU�\YWXdc�gY\\�cd_`�V\QcXY^W�gXU^�Q�dY]U_ed�XQc�_SSebbUT�Q^T�dXU�
S_]`edUb�S_^^USdUT�d_�dXU�H<�e^Yd�Yc�VbUU�V_b�ecU�Ri�UYdXUb�[UiR_QbT�]_ecU�cUd��
�
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�##�
=D<�P]S�B2A>;;�[^RZ�U[PbW�P[cTa]PcT[h�fXcW�20?B�[^RZ�
�
DXU�<Y^Ti�5hdU^TUb�Q\dUb^QdU\i�V\QcXUc�>E=�Q^T�C3B?<<�\_S[�Q^T�dXU^�31@C�\_S[�
_^�dXU�[UiR_QbT�QddQSXUT�d_�dXU�HB�e^Yd�d_�Y^TYSQdU�dXQd�dXU�<Y^Ti�5hdU^TUb�Yc�
SebbU^d\i�\_S[UT�Q^T�Yc�QgQYdY^W�Q�`Qccg_bT�d_�RU�U^dUbUT�Ri�dXU�ecUb�d_�e^\_S[�dXU�
<Y^Ti�5hdU^TUb���
�
"�#�:ThQ^PaS�W^cZTh�R^]ca^[��
<Y^Ti�5hdU^TUb�HB�e^Yd�]Qi�RU�cUd�d_�bUc`_^T�d_�fQbY_ec�[UiR_QbT�X_d[Ui�
S_]RY^QdY_^c��DXUcU�[UiR_QbT�X_d[Uic�QbU�cU\USdUT�ecY^W�dXU�_`dY_^�cgYdSXUc�_^�
dXU�cYTU�_V�dXU�<Y^Ti�5hdU^TUb�HB�e^Yd��cUU�cUSdY_^�"�'���;UiR_QbT�X_d[Uic�]Qi�RU�
ecUT�d_�cgYdSX�_VV�dXU�fYTU_��\_S[�dXU�<Y^Ti�5hdU^TUb�Q^T�U^dUb�fYTU_�S_]`U^cQdY_^���
S_^VYWebQdY_^�]_TU��?^�dXU�<Y^Ti�5hdU^TUb�@b_�dXU�[UiR_QbT�X_d[Uic�QbU�Q\c_�ecUT�
d_�cU\USd�RUdgUU^�dXU�bU]_dU��!��Q^T�\_SQ\��"��S_]`edUbc��
�
1\\�_V�dXU�X_d[Ui�S_^db_\�S_]]Q^Tc�QbU�Y^f_[UT�Ri�X_\TY^W�T_g^�dXU�dg_�X_d[Uic�
Q^T�dXU^�`bUccY^W�Q�S_]]Q^T�[Ui��2i�TUVQe\d��dXU�dg_�X_d[Uic�QbU�´3DB<µ�Q^T�
´1<Dµ��Q\dX_eWX�_dXUb�S_]RY^QdY_^c�SQ^�RU�cU\USdUT�Ri�bUS_^VYWebY^W�dXU�X_d[Uic�
�cUU�cUSdY_^�"�'���?^SU�dXU�X_d[Ui�S_]]Q^T�XQc�RUU^�QSdYfQdUT�i_e�gY\\�^UUT�d_�
bU\UQcU�dXU�X_d[Uic�Q^T�dXU�S_]]Q^T�[Ui�RUV_bU�Q�^Ug�X_d[Ui�S_]]Q^T�Yc�
QSSU`dUT�Ri�dXU�<Y^Ti�5hdU^TUb��8?D;5Ic���D12�Yc�Q^�UhSU`dY_^�Q^T�dXYc�Q\\_gc�
i_e�d_��dQR�dXb_eWX��dXU�`_bdc�Ri�X_\TY^W�T_g^�dXU�X_d[Uic�Q^T�bU`UQdUT\i�`bUccY^W�
D12��
�
DXU�X_d[Ui�S_]]Q^Tc�QbU�ce]]QbYcUT�RU\_g��8<?>AC0=C�=>C4)�cWT�]d\QTab�
^]�cWT�]d\TaXR�ZTh_PS�S^�]^c�U^a\�_Pac�^U�P�eP[XS�W^cZTh��)�
�
�³7>C:4Hb´�P]S�³�´�°�cgYdSXUc�_VV�dXU�fYTU_�cYW^Q\�Q^T�Q\\�dXU�Qcc_SYQdUT�bUT�cdQdec�
\YWXdc�_^�dXU�HB�e^Yd�Q^T�TYcS_^^USdc�dXU�[UiR_QbT�Q^T�]_ecU�Vb_]�dXU�S_]`edUb�
dXQd�dXUi�QbU�SebbU^d\i�S_^db_\\Y^W��DXYc�gY\\�SQecU�c_]U�]_^Yd_bc�d_�W_�Y^d_�cdQ^TRi�
]_TU�_b�cgYdSX�_VV��DXU�fYTU_�cYW^Q\�SQ^�RU�bU�U^QR\UT�Ri�cU\USdY^W�Q�S_]`edUb�
ecY^W�´8?D;5Icµ�Q^T�´D12µ�_b�´8?D;5Icµ�Q^T�´!µ��_b�´8?D;5Icµ�Q^T�´"µ�_^�dXU�
<Y^Ti�5hdU^TUb�@b_����
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�#$�
�
³7>C:4Hb´�P]S�³;´���4YcS_^^USdc�dXU�<Y^Ti�5hdU^TUb�HBµc�[UiR_QbT�Q^T�]_ecU�
Vb_]�dXU�S_]`edUb�dXQd�dXUi�QbU�S_^db_\\Y^W�Q^T�cgYdSXUc�_VV�Q\\�dXU�bUT�cdQdec�\YWXdc��
DXU�fYTU_�cYW^Q\�Yc�cgYdSXUT�_VV��9V�Q�`Qccg_bT�XQc�^_d�RUU^�cUd�dXU^�dXU�<Y^Ti�
5hdU^TUb�SQ^�RU�bU�U^QR\UT�Ri�cU\USdY^W�Q�S_]`edUb�ecY^W�´8?D;5Icµ�Q^T�´D12µ�_b�
´8?D;5Icµ�Q^T�´!µ��_b�´8?D;5Icµ�Q^T�´"µ�_^�dXU�<Y^Ti�5hdU^TUb�@b_���9V�Q�`Qccg_bT�
XQc�RUU^�cUd�dXU^�dXU�<Y^Ti�5hdU^TUb�gY\\�Q\dUb^QdU\i�V\QcX�dXU�>E=�Q^T�C3B?<<�
Q^T�dXU^�dXU�31@C�\_S[�\YWXdc�_^�dXU�[UiR_QbT�S_^^USdUT�d_�dXU�HB�e^Yd��DXYc�
Y^TYSQdUc�dXQd�Q�fQ\YT�`Qccg_bT�]ecd�RU�U^dUbUT�d_�e^\_S[�dXU�<Y^Ti�5hdU^TUb��
CY]`\i�di`U�dXU�cQ]U�[Ui�S_]RY^QdY_^�Qc�gQc�cUd�TebY^W�S_^VYWebQdY_^��cUU�cUSdY_^�
#�)��V_\\_gUT�Ri�dXU�B5DEB>�[Ui��>_dU���YV�Q^i_^U�XQc�di`UT�Qd�dXU�[UiR_QbT�gXY\cd�
Y^�cUSebU�]_TU��Yd�gY\\�RU�^USUccQbi�d_�di`U�B5DEB>�VYbcd�d_�S\UQb�dXU�Y^fQ\YT�
`Qccg_bT��dXU^�di`U�dXU�fQ\YT�`Qccg_bT�V_\\_gUT�Ri�B5DEB>�QWQY^��
�
³7>C:4Hb´�P]S�³ ´���cU\USdc�dXU�bU]_dU�S_]`edUb�QddQSXUT�d_�dXU�H<�e^Yd�
³7>C:4Hb´�P]S�³!´���cU\USdc�dXU�\_SQ\�S_]`edUb�QddQSXUT�d_�dXU�HB�e^Yd��<Y^Ti�
5hdU^TUb�@b_�_^\i��
� �
³7>C:4Hb´�P]S�³C01´�°�CU\USdc�dXU�^Uhd�S_]`edUb��bU]_dU�_b�\_SQ\��
�
³7>C:4Hb´�P]S�A4CDA=�°�5^dUbc�fYTU_�S_]`U^cQdY_^���S_^VYWebQdY_^�]_TU�
�
5hQ]`\Uc�_V�S_]]_^�X_d[Ui�cUaeU^SUc��Qcce]Y^W�3DB<���1<D�X_d[Ui�_`dY_^�*�
�
D_�\_S[�dXU�<Y^Ti�5hdU^TUb�
�
`bUcc���� bU\UQcU �� �
D_��dQR�dXb_eWX��S_]`edUbc��<Y^Ti�5hdU^TUb�@b_�*
`bUcc �� ��bU\UQcU ��`bUcc ��
��� � bU\UQcU ��`bUcc ��bU\UQcU ���
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�#%�
"�$�4]cTaX]V�P]S�TgXcX]V�eXST^�R^\_T]bPcX^]���R^]UXVdaPcX^]�\^ST��
DXU�<Y^Ti�5hdU^TUbµc�fYTU_�S_]`U^cQdY_^�Q^T�ecUb�cU\USdQR\U�_`dY_^c�Q^T�Ve^SdY_^c�
QbU�QSSUccUT�Y^�S_]`U^cQdY_^���S_^VYWebQdY_^�]_TU��D_�U^dUb�dXYc�]_TU�`bUcc�dXU�
cU\USdUT�X_d[Ui�S_]RY^QdY_^�d_WUdXUb�gYdX�dXU�B5DEB>�[Ui�Q^T�d_�UhYd�dXYc�]_TU�
`bUcc�dXU�B5DEB>�[Ui�QWQY^��6_b�UhQ]`\U*�
�
D_�U^dUb�S_]`U^cQdY_^���S_^VYWebQdY_^�]_TU*�
�
`bUcc������bU\UQcU ���
�D_�UhYd�S_]`U^cQdY_^���S_^VYWebQdY_^�]_TU*�
�
`bUcc����bU\UQcU ���
�
"�%�<^dbT�R^]ca^[��
?^�dXU�<Y^Ti�5hdU^TUb�@b_�HB�e^Yd��dXU�S_]`edUbc�SQ^�S_^fU^YU^d\i�RU�cU\USdUT�
ecY^W�Q�dXbUU�Redd_^�]_ecU�_b�9^dU\\Y=_ecU��9^�_bTUb�d_�cgYdSX�d_�dXU�_dXUb�S_]`edUb�
cY]`\i�X_\T�T_g^�dXU�SU^dbQ\�]_ecU�Redd_^�_b�gXUU\�Redd_^�Q^T�S\YS[�_^�dXU�\UVd�XQ^T�
]_ecU�Redd_^��DXU�_dXUb�S_]`edUb�gY\\�dXU^�RU�cU\USdUT��9^�_bTUb�d_�ecU�dXYc�VUQdebU�
i_e�]ecd�U^QR\U�Yd�ecY^W�dXU�="�_`dY_^�Y^�S_^VYWebQdY_^�]_TU��cUU�cUSdY_^�$�"���
�
�
"�&�BcTaT^�PdSX^�bd__^ac�^]�cWT�;X]Sh�4gcT]STa�?a^��
I_e�]Qi�S_^^USd�cdUbU_�c`UQ[Ubc�d_�R_dX�dXU�<Y^Ti�5hdU^TUb�@b_�H<�e^Yd�Q^T�dXU�
<Y^Ti�5hdU^TUb�@b_�HB�e^Yd��1eTY_�Vb_]�dXU�S_]`edUb�S_^^USdUT�d_�dXU�H<�e^Yd�Yc�
Rb_QTSQcdUT�d_�dXU�c`UQ[Ubc�QddQSXUT�d_�dXU�H<�e^Yd�Q^T�d_�dXU�HB�e^Yd��DXU�
c`UQ[Ubc�_^�dXU�HB�e^Yd�gY\\�_ed`ed�dXU�QeTY_�cYW^Q\�Vb_]�dXU�H<�e^Yd�YV�dXU�bU]_dU�
S_]`edUb��!��Yc�cU\USdUT�_b�dXU�QeTY_�Vb_]�dXU�S_]`edUb�S_^^USdUT�d_�dXU�HB�e^Yd�YV�
dXU�\_SQ\�S_]`edUb��"��Yc�cU\USdUT��
�
DXU�<Y^Ti�5hdU^TUb�dbQ^cVUbc�dXU�QeTY_�c`UQ[Ub�cYW^Q\c�RUdgUU^�dXU�H<�Q^T�HB�
e^Ydc�Ri�]e\dY`\UhY^W�dXU�QeTY_�cYW^Q\c�_^d_�dXU�fYTU_�cYW^Q\c��1�c]Q\\�TUWbUU�_V�
QeTY_�^_YcU�Yc�Y^db_TeSUT�Ri�dXYc�`b_SUcc��DXU�UVVUSd�_V�dXYc�^_YcU�]Qi�RU�bUTeSUT�Ri�
dXU�V_\\_gY^W�QSdY_^c*�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�#&�
�
• CUd�dXU�c`UQ[Ub�_ed`ed�f_\e]U�_^�dXU�@3�S_^^USdUT�d_�dXU�H<�e^Yd�d_�dXU�XYWXUcd�
cUddY^W�QfQY\QR\U��
• 1TZecd�c`UQ[Ub�f_\e]U�S_^db_\�[^_R�QgQi�Vb_]�dXU�]QhY]e]�cUddY^W��
• 4_�^_d�R__cd�dXU�QeTY_�21CC�cYW^Q\�YV�dXYc�SQ^�RU�Qf_YTUT��
�
DXU�<Y^Ti�5hdU^TUb�Yc�TUcYW^UT�d_�SQbbi�QeTY_�cYW^Q\c�gYdX�Q�]QhY]e]�`UQ[�d_�`UQ[�
f_\dQWU�_V�%�f_\dc��DXYc�Yc�ceYdQR\U�V_b�]_cd�@3�QeTY_�_ed`edc��9V�i_e�QbU�cU^TY^W�
QeTY_�gYdX�Q�XYWXUb�`UQ[�d_�`UQ[�fQ\eU�dXQ^�%�f_\dc�dXYc�]Qi�QVVUSd�dXU�fYTU_�`YSdebU�
SQecY^W�dU]`_bQbi�\_cc�_V�dXU�`YSdebU�TebY^W�`UQ[�QeTY_�_ed`ed��9V�i_e�QbU�
dbQ^cVUbbY^W�ceSX�Q^�QeTY_�cYW^Q\�dXU^�bUTeSU�dXU�@3µc�]QhY]e]�_ed`ed�f_\e]U�
cUddY^W�e^dY\�dXU�`YSdebU�bU]QY^c�Ve\\i�cdQR\U��
�
�
"�'�<XRa^_W^]T�bd__^ac�^]�cWT�;X]Sh�4gcT]STa�?a^��
I_e�]Qi�S_^^USd�Q�]YSb_`X_^U�d_�R_dX�dXU�<Y^Ti�5hdU^TUb�@b_�H<�e^Yd�Q^T�dXU�
<Y^Ti�5hdU^TUb�@b_�HB�e^Yd��DXU�S_]`edUb�QddQSXUT�d_�dXU�H<�e^Yd�gY\\�dQ[U�Ydc�
]YSb_`X_^U�Y^`ed�Vb_]�dXU�\Qcd�QSdYfU�ecUb�`_bd��C_��YV�dXU�[UiR_QbT�Q^T�]_ecU�_^�
dXU�HB�e^Yd�gUbU�\Qcd�ecUT�d_�S_^db_\�dXU�S_]`edUb�dXU^�dXU�]YSb_`X_^U�cYW^Q\�gY\\�
RU�dQ[U^�Vb_]�dXU�HB�e^Yd��1\dUb^QdYfU\i�YV�dXU�[UiR_QbT�Q^T�]_ecU�S_^^USdUT�d_�dXU�
H<�e^Yd�gUbU�dXU�\Qcd�d_�S_^db_\�dXU�S_]`edUb�dXU^�dXU�]YSb_`X_^U�cYW^Q\�gY\\�S_]U�
Vb_]�dXU�]YSb_`X_^U�QddQSXUT�d_�dXU�H<�e^Yd��
�
9V�dXU�\_SQ\�S_]`edUb��"��Yc�cU\USdUT�_^�dXU�HB�e^Yd�dXU^��Qc�Uh`USdUT��Ydc�]YSb_`X_^U�
cYW^Q\�gY\\�RU�dQ[U^�Vb_]�dXU�]YSb_`X_^U�QddQSXUT�d_�dXU�HB�e^Yd��
�
DXU�<Y^Ti�5hdU^TUb�dbQ^cVUbc�dXU�QeTY_�]YSb_`X_^U�cYW^Q\c�RUdgUU^�dXU�HB�Q^T�H<�
e^Ydc�Ri�]e\dY`\UhY^W�dXU�QeTY_�cYW^Q\c�_^d_�dXU�fYTU_�cYW^Q\c��1�TUWbUU�_V�QeTY_�
^_YcU�Yc�Y^db_TeSUT�Ri�dXYc�`b_SUcc��DXU�UVVUSd�_V�dXYc�^_YcU�]Qi�RU�bUTeSUT�Ri�
cUddY^W�dXU�]YSb_`X_^U�QeTY_�Y^`ed�f_\e]U�_^�dXU�@3�S_^^USdUT�d_�dXU�H<�e^Yd�d_�dXU�
\_gUcd�`bQSdYSQ\�cUddY^W��
�
�
"�(�BTccX]V�P]S�dbX]V�cWT�bTRdaXch�_Pbbf^aS��
DXUbU�QbU�]Q^i�cYdeQdY_^c�gXUbU�e^bUcdbYSdUT�QSSUcc�d_�S_]`edUbc�_b�cU^cYdYfU�
Y^V_b]QdY_^�^UUTc�d_�RU�S_^db_\\UT��9^�ceSX�SYbSe]cdQ^SUc��dXU�<Y^Ti�5hdU^TUb�H<�
e^Yd�]Qi�RU�\_S[UT�QgQi�Y^�Q�b__]�_b�cUSebU�SQRY^Ud�Q^T�dXU�S_]`edUb�]Qi�RU�
S_^db_\\UT�bU]_dU\i�Vb_]�dXU�HB�e^Yd��
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�#'�
�
DXU�<Y^Ti�5hdU^TUb�Y^S_b`_bQdUc�Q�cUSebYdi�`Qccg_bT�cicdU]�dXQd�U^QR\Uc�dXU�HB�
e^Yd�d_�RU�\_S[UT�c_�dXQd�dXU�cUSebU�S_]`edUb�SQ^^_d�RU�S_^db_\\UT���?^SU�Q�
`Qccg_bT�XQc�RUU^�cUd�dXU�<Y^Ti�5hdU^TUb�HB�e^Yd�]Qi�RU�TYcQR\UT�Ri�`bUccY^W�dXU�
X_d[Uic�d_WUdXUb�gYdX�dXU�<��\_S[��[Ui��DXU�HB�e^Yd�]Qi�_^\i�dXU^�RU�e^\_S[UT�Ri�
U^dUbY^W�dXU�`Qccg_bT��6_b�UhQ]`\U�YV�dXU�X_d[Uic�QbU�cUd�d_�3DB<�Q^T�1<D�dXU^�
`bUccY^W�dXU�V_\\_gY^W�[Ui�S_]RY^QdY_^�g_e\T�SQecU�dXU�<Y^Ti�5hdU^TUb�HB�e^Yd�d_�
\_S[��
�
���
�
GXU^�dXU�HB�e^Yd�Yc�\_S[UT�dXU�fYTU_�Yc�cgYdSXUT�_VV�Q^T�dXU�[UiR_QbT�Q^T�]_ecU�
QbU�TYcS_^^USdUT�Vb_]�dXU�S_]`edUb��<_S[Y^W�dXU�HB�e^Yd�T_Uc�^_d�QVVUSd�dXU�
_`UbQdY_^�_V�dXU�H<�e^Yd���
�
D_�e^\_S[�dXU�<Y^Ti�5hdU^TUb�HB�e^Yd�U^dUb�dXU�`Qccg_bT�V_\\_gUT�Ri�dXU�B5DEB>�
[Ui�UW*�
�
� ��������
�
>?D5���DXU�`Qccg_bT�S_^cYcdc�_V�Q�S_]RY^QdY_^�_V�[Ui�cdb_[Uc�bQdXUb�\Y[U�dXU�S_TU�
d_�Q�cQVU��DXU�[Ui�cdb_[Uc�QbU�^_d�SQcU�cU^cYdYfU�Q^T�SQ^�Y^S\eTU�Q\\�dXU�[Uic�_^�dXU�
[UiR_QbT��UhSU`d�Sdb\��Q\d��cXYVd�Q^T�U^dUb���3_^cUaeU^d\i�dXU�V_\\_gY^W��`Qccg_bT��
g_e\T�RU�fQ\YT*��
����� ��
�
�
D_�cUd�dXU�`Qccg_bT��U^dUb�S_^VYWebQdY_^�]_TU�Ri�di`Y^W�´8?D;5ICµ�Q^T�B5DEB>�
_^�dXU�[UiR_QbT�QddQSXUT�d_�dXU�HB�e^Yd��cUU�cUSdY_^�#�%���GXU^�Y^�S_^VYWebU�]_TU�
di`U�´@µ�dXU^�B5DEB>��>_g�U^dUb�dXU�`Qccg_bT�gXYSX�]Qi�RU�e`�d_�$ �SXQbQSdUbc��
DXU�`Qccg_bT�Yc�^_d�SQcU�cU^cYdYfU�Q^T�SQ^�RU�Q^i�S_]RY^QdY_^�_V�[Ui�cdb_[Uc��
Y^S\eTY^W�dXU�Ve^SdY_^�[Uic��Red�UhS\eTY^W�dXU�3DB<��1<D��C896D�Q^T�B5DEB>�
[Uic��GXU^�i_e�XQfU�di`UT�Y^�i_eb�`Qccg_bT�di`U�B5DEB>�d_�bUWYcdUb�Yd�Y^�dXU�
cd_bUT�]U]_bi��4_�^_d�g_bbi�YV�i_e�di`U�dXU�`Qccg_bT�Y^S_bbUSd\i��i_e�SQ^�Q\gQic�
bU�U^dUb�S_^VYWebU�]_TU�Q^T�cUd�dXU�`Qccg_bT�QWQY^���
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�#(�
6_b�UhQ]`\U��d_�U^dUb�?@5>E@�Qc�dXU�`Qccg_bT�di`U�dXU�V_\\_gY^W�gXY\cd�Y^�
S_^VYWebQdY_^�]_TU*��
����������
�
�
FWPc�c^�S^�XU�h^da�;X]Sh�4gcT]STa�Xb�[^RZTS�P]S�h^d�WPeT�[^bc�^a�U^aV^ccT]�cWT�
_Pbbf^aS�
�
9V�i_eb�<Y^Ti�5hdU^TUb�Yc�\_S[UT�Q^T�i_e�XQfU�\_cd�_b�V_bW_ddU^�dXU�`Qccg_bT�dXU^�
i_e�]Qi�S\UQb�dXU�`Qccg_bT�YV�i_e�XQfU�QSSUcc�d_�dXU�H<�e^Yd��D_�S\UQb�dXU�
`Qccg_bT�`_gUb�T_g^�dXU�HB�e^Yd�Q^T�cgYdSX�_`dY_^�cgYdSX�%�_^�dXU�H<�e^Yd�d_�dXU�
_^�`_cYdY_^��cUU�cUSdY_^�"�'���GXU^�i_e�^Uhd�`_gUb�_^�dXU�HB�e^Yd�Yd�gY\\�W_�cdbQYWXd�
Y^d_�S_^VYWebQdY_^�]_TU�Q\\_gY^W�i_e�d_�S\UQb�_b�SXQ^WU�dXU�`Qccg_bT��I_e�gY\\�dXU^�
^UUT�d_�cUd�_`dY_^�cgYdSX�%�_^�dXU�H<�e^Yd�RQS[�d_�Ydc�TUVQe\d��_VV��`_cYdY_^�_b�dXU�HB�
e^Yd�gY\\�W_�Y^d_�S_^VYWebQdY_^�]_TU�UfUbi�dY]U�dXQd�i_e�cgYdSX�Yd�_^�� �
�
"� ��@dTahX]V�cWT�;X]Sh�4gcT]STa´b�UXa\fPaT�eTabX^]��
6_b�dUSX^YSQ\�ce``_bd�`eb`_cUc�Yd�Yc�c_]UdY]Uc�ecUVe\�d_�[^_g�dXU�VYb]gQbU�fUbcY_^�
_V�dXU�<Y^Ti�5hdU^TUb��DXU�<Y^Ti�5hdU^TUb�SQ^�bU`_bd�Ydc�VYb]gQbU�fUbcY_^�ecY^W�Q�
S_^VYWebQdY_^�]_TU�Ve^SdY_^���
�
D_�VY^T�dXU�VYb]gQbU�fUbcY_^�_V�i_eb�<Y^Ti�5hdU^TUb��S_^^USd�d_�Q�S_]`edUb�dXQd�Yc�
cX_gY^W�dXU�4?C�`b_]`d�_b�Yc�be^^Y^W�Q�dUhd�UTYd_b�_b�g_bT�`b_SUcc_b�`QS[QWU��?^�
dXU�<Y^Ti�5hdU^TUb�dXYc�gY\\�RU�dXU�S_]`edUb�S_^^USdUT�d_�dXU�H<�e^Yd��?^�dXU�<Y^Ti�
5hdU^TUb�@b_�dXYc�]Qi�RU�dXU�S_]`edUb�S_^^USdUT�d_�dXU�H<�e^Yd�_b�dXU�S_]`edUb�
S_^^USdUT�d_�dXU�HB�e^Yd��
�
9d�T_Uc^µd�]QddUb�gXQd�`QS[QWU�dXYc�Yc�`b_fYTUT�dXQd�dXU�SXQbQSdUbc�di`UT�Y^�Qd�dXU�
[UiR_QbT�QbU�TYc`\QiUT�_^�dXU�cSbUU^��5^dUb�S_^VYWebQdY_^�]_TU�Ri�`bUccY^W�
´8?D;5Icµ�Q^T�B5DEB>�d_WUdXUb��cUU�cUSdY_^�#�%���>_g�di`U�dXU�V_\\_gY^W�_^�dXU�
[UiR_QbT�S_^^USdUT�d_�dXU�HB�e^Yd*��
�� ���
DXU�fUbcY_^�^e]RUb�gY\\�RU�bU`_bdUT�_^�dXU�S_]`edUb�cSbUU^�Qc�dXU�\UddUb�F�V_\\_gUT�
Ri�dXbUU�^e]RUbc��6_b�UhQ]`\U��YV�dXU�<Y^Ti�5hdU^TUb�bU`_bdc�F!!(�dXU^�dXU�
VYb]gQbU�fUbcY_^�Yc�!�!(��
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�#)�
,)��������� �� ��%����&���������-�������
1\\�dXU�_`dY_^c�TUcSbYRUT�Y^�dXYc�cUSdY_^�QbU�U^dUbUT�Y^�<Y^Ti�5hdU^TUbµc�S_^VYWebQdY_^�
]_TU���cUU�cUSdY_^�#�%�V_b�Y^cdbeSdY_^c�_^�U^dUbY^W�S_^VYWebQdY_^�]_TU��
�
#� �AB!"!�_a^c^R^[�^_cX^]b�
�
BC"#"�cUbYQ\�`_bdc�QbU�ecUT�V_b�Q�gYTU�fQbYUdi�_V�`eb`_cUc�Q^T�QbU�di`YSQ\\i�
_`UbQdUT�Y^�Q�^e]RUb�_V�TYVVUbU^d�]_TUc��1�]_TU�dXQd�Yc�ceYdQR\U�V_b�_^U�di`U�_V�
TUfYSU�]Qi�^_d�RU�ceYdQR\U�V_b�_dXUb�TUfYSUc�Q^T�c_�dXU�BC"#"�`b_d_S_\�ce``_bdUT�
Ri�dXU�<Y^Ti�5hdU^TUb�]Qi�RU�SXQ^WUT�d_�ceYd�TYVVUbU^d�Q``\YSQdY_^c��
�
BUVUb�d_�Q``U^TYh�1�V_b�ceYdQR\U�SQR\Y^W�V_b�fQbY_ec�BC"#"�Q``\YSQdY_^c��1``U^TYh�1�
Q\c_�cX_gc�dXU�cYW^Q\�`Y^_edc�V_b�dXU�BC"#"�`_bdc��
�
9V�i_e�QbU�ecY^W�Q^�BC"#"�cUbYQ\�]_ecU�S_^^USdY_^�d_�Q^i�_V�dXU�3@Ec�dXQd�QbU�
S_^^USdUT�d_�dXU�<Y^Ti�5hdU^TUb�dXU^�i_e�gY\\�^UUT�d_�cUd�dXU�<Y^Ti�5hdU^TUb�Y^d_�
BC"#"�]_ecU�S_]`QdYR\U�]_TU��CUddY^W�dXYc�]_TU�^eTaaXSTb�P[[�^cWTa�AB!"!�
_a^c^R^[�bTccX]Vb�Q^T�V_bSUc�!" �RQeT��(�RYdc�`Ub�SXQbQSdUb��!�cd_`�RYd�Q^T�^_�
XQ^TcXQ[Y^W��DXU�<Y^Ti�5hdU^TUb�`UbV_b]c�Q^�Qed_]QdYS�S_^fUbcY_^�d_�S_^fUbd�@C�"�
]_ecU�cYW^Q\c�d_�BC"#"�]_ecU�cYW^Q\c�YV�i_e�ecU�Q�ceYdQR\U�gYbY^W�QTQ`dUb��9V�i_e�
gYcX�d_�ecU�Q^�BC"#"�]_ecU�S_^^USdY_^�d_�i_eb�@3�dXU^�gU�bUS_]]U^T�dXQd�i_e�
ecU�Q�S_^db_\\Y^W�@C�"�]_ecU�Q^T�dXU�BC"#"�QTQ`dUb�bQdXUb�dXQ^�QddU]`dY^W�d_�
S_^^USd�dXU�]_ecU�d_�dXU�cUbYQ\�`_bdc�_^�dXU�<Y^Ti�5hdU^TUb��DXU�bUQc_^�V_b�dXYc�Yc�
dXQd�Y^�dXU�bUS_]]U^TUT�cUde`�dXU�H<�e^Yd�gY\\�S_^dY^e_ec\i�U]e\QdU�dXU�`bUcU^SU�_V�
Q�cUbYQ\�]_ecU�bUWQbT\Ucc�_V�gXUdXUb�dXU�HB�e^Yd�Yc�S_^^USdUT�Q^T�SebbU^d\i�
`_gUbUT�_^���DXYc�U^cebUc�dXQd�@3�gY\\�bU\YQR\i�R__de`�bUWQbT\Ucc�_V�dXU�`_gUb�Q^T�
S_^^USdY_^�cdQdU�_V�dXU�<Y^Ti�5hdU^TUb���
�
DXU�fQbY_ec�BC"#"�`b_d_S_\�]_TUc�]Qi�RU�cUd�ecY^W�dXU�V_\\_gY^W�_`dY_^c�gYdXY^�
S_^VYWebQdY_^�]_TU*�
�
�� �����=_ecU�S_]`QdYR\U�BC"#"�`b_d_S_\��TUVQe\d��°�_fUbbYTUc�Q\\�_dXUb
� � ������BC"#"�cUddY^Wc�
�� �����BC"#"�`b_d_S_\�ecUc�XQbTgQbU�XQ^TcXQ[Y^W��
� �����BC"#"�`b_d_S_\�ecUc�^_�XQ^TcXQ[Y^W��!" �RQeT�]Qh���
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�$ �
�� �����CUd�BC"#"�RQeT�bQdU�d_�!" ��TUVQe\d���
�� �����CUd�BC"#"�RQeT�bQdU�d_�)& �
�
�
�� �����BC"#"�`b_d_S_\�ecUc�!�cd_`�RYd��
�� �����BC"#"�`b_d_S_\�ecUc�"�cd_`�RYdc��TUVQe\d��
�
�
� �����BC"#"�`b_d_S_\�ecUc�^_�`QbYdi��TUVQe\d���
�� �����BC"#"�`b_d_S_\�ecUc�UfU^�`QbYdi��
�� �����BC"#"�`b_d_S_\�ecUc�_TT�`QbYdi�
�
�
�� �����BC"#"�`b_d_S_\�ecUc�'�RYdc�`Ub�SXQbQSdUb��TUVQe\d���
�� �����BC"#"�`b_d_S_\�ecUc�(�RYdc�`Ub�SXQbQSdUb�
�
�
#�!�<^dbT�\^ST�P]S�\^dbT�bfXcRWX]V�^U�RWP]]T[b�
�=_ecU�cgYdSXY^W�Yc�_^\i�bU\UfQ^d�_^�dXU�<Y^Ti�5hdU^TUb�@b_�`b_TeSd�gXUbU�dXU�ecUb�
S_^^USdUT�d_�dXU�HB�e^Yd�bUaeYbUc�d_�cgYdSX�RUdgUU^�dXU�bU]_dU�S_]`edUb��!��
S_^^USdUT�d_�dXU�H<�e^Yd�Q^T�dXU�\_SQ\�S_]`edUb��"��S_^^USdUT�d_�dXU�HB�e^Yd��DXYc�
]Qi�RU�T_^U�Ri�Q�[UiR_QbT�X_d[Ui�S_]RY^QdY_^�_b�Ri�ecY^W�Q�dXbUU�Redd_^�@C�"�
]_ecU�_b�Q^�9^dU\\Y=_ecU��
�
D_�cgYdSX�RUdgUU^�dXU�bU]_dU��!��Q^T�\_SQ\��"��S_]`edUbc��dXU�ecUb�cY]`\i�X_\Tc�
T_g^�dXU�SU^dbQ\�Redd_^�_b�gXUU\�Redd_^�Q^T�`bUccUc�dXU�\UVd�XQ^T�Redd_^�d_�SXQ^WU�
SXQ^^U\��D_�ecU�dXYc�VUQdebU�Yd�]ecd�VYbcd�RU�U^QR\UT�ecY^W�dXU�="�_`dY_^��D_�TYcQR\U�
dXYc�VUQdebU�ecU�dXU�=!�_`dY_^���
�
9V�dXU�dXYbT�Redd_^�Yc�RUY^W�ecUT�d_�cgYdSX�dXU�<Y^Ti�5hdU^TUb�HB�dXU^�Yd�Yc�^_d�
QfQY\QR\U�V_b�ecU�gYdX�@3�c_VdgQbU�Q\dX_eWX�dXU�Ve^SdY_^�_V�Q^�9^dU\\Y=_ecU�gXUU\�Yc�
^_d�QVVUSdUT��3_^cUaeU^d\i�Y^�="�]_TU�dXU�<Y^Ti�5hdU^TUb�bU`_bdc�d_�dXU�@3c�dXQd�Q�
"�Redd_^�]_ecU�Yc�S_^^USdUT��9V�i_e�gYcX�d_�ecU�dXU�Ve\\�Ve^SdY_^�_V�Q�#�Redd_^�]_ecU�
_b�9^dU\\Y=_ecU�V_b�i_eb�@3�c_VdgQbU�dXU^�i_e�cX_e\T�cU\USd�dXU�=!�_`dY_^��
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�$!�
�
DXU�<Y^Ti�5hdU^TUb�ce``_bdc�´9^dUb^Ud�=YSUµ�dXQd�QbU�S_]`QdYR\U�gYdX�dXU�=YSb_c_Vd�
9^dU\\Y=_ecU��DXUcU�QbU�VYddUT�gYdX�Q�gXUU\�_b�_dXUb�cSb_\\�S_^db_\�Q^T�c_]UdY]Uc�
XQfU�QTTYdY_^Q\�Redd_^c��5hQ]`\Uc�QbU*�
�
� =YSb_c_Vd�9^dU\\Y=_ecU�
� <_WYdUSX�@Y\_d�=_ecU����
<_WYdUSX�=_ecU=Q^��
7U^Yec�>Ud=_ecU��
7U^Yec�>Ud=_ecU�@b_�
�
CdQ^TQbT�@C�"�Q^T�9^dU\\Y=_ecU�S_]`QdYR\U�]YSU�]Qi�RU�S_^^USdUT�d_�dXU�<Y^Ti�
5hdU^TUb��I_e�]Qi�S_^VYWebU�i_eb�3@Ec�ecY^W�=YSb_c_Vd�@C�"�_b�9^dU\\Y=_ecU�
TbYfUbc�Y^�Q^i�S_]RY^QdY_^�Qc�bUaeYbUT��DXU�9^dU\\Y=_ecU�VUQdebUc�QbU�ce``_bdUT�_^�
R_dX�@C�"�Q^T�BC"#"�3@E�S_^^USdY_^c��GXU^�ecY^W�@C�"�3@E�S_^^USdY_^c��dXU�
<Y^Ti�5hdU^TUb�gY\\�Qed_]QdYSQ\\i�S_^VYWebU�YdcU\V�d_�dXU�di`U�_V�]_ecU�bUaeUcdUT�Ri�
dXU�TbYfUb���
�
� �����<Y^Ti�5hdU^TUb�@b_�HB�SXQ^^U\c�QbU�^_d�cgYdSXQR\U�Ri�Q�#�Redd_^��
������ ]_ecU�_b�9^dU\\Y=_ecU��TUVQe\d���
� �����<Y^Ti�5hdU^TUb�@b_�HB�SXQ^^U\c�QbU�cgYdSXQR\U�Ri�Q�#�Redd_^��
]_ecU�_b�9^dU\\Y=_ecU��
�
�
#�"�ATbTccX]V�P[[�R^]UXVdaPcX^]�^_cX^]b�c^�cWTXa�STUPd[c�bcPcT��
D_�bUcUd�Q\\�dXU�<Y^Ti�5hdU^TUbµc�S_^VYWebQdY_^�_`dY_^c�d_�dXU�TUVQe\d�cdQdU�Q^T�bUdeb^�
Q\\�dXU�<Y^Ti�5hdU^TUb�cUddY^Wc�d_�dXUYb�TUVQe\d�cdQdU�`bUcc�dXU�V_\\_gY^W�gXY\cd�gYdXY^�
S_^VYWebQdY_^�]_TU��2i�bUcUddY^W�Q\\�dXU�S_^VYWebQdY_^�_`dY_^c�d_�dXUYb�TUVQe\d�cdQdU�
i_e�gY\\�Q\c_�S\UQb�dXU�`Qccg_bT�Red�i_e�gY\\�^_d�SXQ^WU�dXU�fYTU_�S_]`U^cQdY_^�
cUddY^W��
�
�� ��
��
�
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�$"�
�-- ������)��'��� �����%��� %�����- %���%��������
�
�
8<?>AC0=C�=>C4��
CWT�\PgX\d\�RPQ[T�[T]VcWb�bd__^acTS�ePah�fXST[h�QTcfTT]�STeXRTb�P]S�
RPQ[Tb��8c�\Ph�QT�_^bbXQ[T�c^�dbT�RPQ[Tb�cWPc�PaT�[^]VTa�cWP]�cW^bT�b_TRXUXTS�
QT[^f�fXcW�RTacPX]�?2b�P]S�_TaX_WTaP[b�Qdc�cWXb�RP]]^c�QT�VdPaP]cTTS��8U�h^d�
Tg_TaXT]RT�_a^Q[T\b�cah�dbX]V�bW^acTa�RPQ[Tb��
�
�
0 ��:ThQ^PaS��\^]Xc^a��\^dbT��\XRa^_W^]T�P]S�b_TPZTab�
R^]]TRcX^]b�
�
1\\�_V�dXUcU�TUfYSUc�`\eW�TYbUSd\i�Y^d_�dXU�bU\UfQ^d�`_bdc�_V�dXU�<Y^Ti�5hdU^TUb��9V�i_e�
ecU�Q^�1D�cdi\U�[UiR_QbT�i_e�gY\\�^UUT�Q^�1D��%�`Y^�49>�VU]Q\U��d_�@C�"��&�`Y^�
]Y^Y�49>�]Q\U��S_^fUbdUb��
�
2PQ[T�b_TRXUXRPcX^]�U^a�R^]]TRcX^]b�c^�G;�d]Xc�fWT]�dbTS�fXcW^dc�cWT�^_cX^]P[�
_^fTa�PSP_cTa�
;UiR_QbT��]_^Yd_b��]_ecU��c`UQ[Ub�Q^T�]YSb_`X_^U�SQR\Uc�cX_e\T�^_d�RU�\_^WUb�
dXQ^�"�]UdbUc��
�
2PQ[T�b_TRXUXRPcX^]�U^a�R^]]TRcX^]b�c^�GA�d]Xc�^a�c^�G;�d]Xc�fWT]�dbTS�fXcW�
cWT�^_cX^]P[�_^fTa�PSP_cTa�
;UiR_QbT��]_^Yd_b��]_ecU��c`UQ[Ub�Q^T�]YSb_`X_^U�UhdU^cY_^�SQR\Uc�SQ^�RU�ecUT�
d_�Y^SbUQcU�dXU�TYcdQ^SU�Vb_]�dXU�<Y^Ti�5hdU^TUb�e`�d_�! ]UdbUc��=_cd�[UiR_QbTc�
Q^T�]YSU�gY\\�Q\c_�_`UbQdU�Qd�TYcdQ^SUc�_V�" �]UdbUc��9V�i_e�QbU�ecY^W�Q�]_^Yd_b�
UhdU^cY_^�SQR\U�dXU^�i_e�cX_e\T�U^cebU�dXQd�dXYc�Yc�Q�XYWX�aeQ\Ydi�dbY�S_Qh�di`U��
�
�
0!��2^\_dcTa�R^]]TRcX^]b�
�
2PQ[T�b_TRXUXRPcX^]b)��
EXST^���!%�`Y^�XYWX�TU^cYdi�]Q\U�4�S_^^USd_b�d_�!%�`Y^�XYWX�TU^cYdi�]Q\U�4�
S_^^USd_b�gYbUT�Qc�Q�cdQ^TQbT�F71�@3�d_�]_^Yd_b�SQR\U��DXUbU�QbU�dg_�di`Uc�
S_]]_^\i�QfQY\QR\U��DXU�RUcd�di`U�SQR\Uc�gXYSX�gY\\�WYfU�UhSU\\U^d�aeQ\Ydi�QbU�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�$#�
S_^cdbeSdUT�gYdX�S_QhYQ\�SQR\U�S_bUc��3XUQ`Ub�´TQdQµ�SQR\Uc�QbU�QfQY\QR\U�Red�
WU^UbQ\\i�WYfU�bQdXUb�`__b�aeQ\Ydi��1f_YT�ecY^W��TQdQ��SQR\Uc�\_^WUb�dXQ^�"�]UdbUc�
e^\Ucc�dXU�fYTU_�aeQ\Ydi�Yc�^_d�Y]`_bdQ^d��7__T�aeQ\Ydi�S_QhYQ\�fYTU_�SQR\Uc�]Qi�RU�
be^�Qd�TYcdQ^SUc�e`�d_�" �]UdbUc�gYdX�\Ydd\U�\_cc�_V�fYTU_�aeQ\Ydi��
�
:ThQ^PaS�P]S�?B�!�\XRT���&�`Y^�]Y^Y�49>�]Q\U�S_^^USd_b�d_�&�`Y^�]Y^Y�49>�]Q\U�
S_^^USd_b�gYdX�Q\\�\Y^Uc�S_^^USdUT�cdbQYWXd�dXb_eWX��!�!�"�"�UdS����9V�dXU�@3�XQc�Q�%�
`Y^�49>�1D�cdi\U�[UiR_QbT�S_^^USd_b�i_e�gY\\�^UUT�Q�@C�"�d_�1D�[UiR_QbT�QTQ`dUb�
&�`Y^�]Y^Y�49>�VU]Q\U�d_�%�`Y^�49>�]Q\U��bUQTY\i�QfQY\QR\U���6_b�´cU\V�`_gUbUTµ�
_`UbQdY_^�_V�dXU�H<�e^Yd�gYdX_ed�dXU�_`dY_^Q\�`_gUb�QTQ`dUb�dXU�SQR\Uc�cX_e\T�RU�^_�
\_^WUb�dXQ^�#�]UdbUc��6_b�_`UbQdY_^�gYdX�dXU�`_gUb�QTQ`dUb��SQR\Uc�cX_e\T�RU�^_�
\_^WUb�dXQ^�" �]UdbUc��
�
AB!"!�bTaXP[�\XRT���dXUcU�bUaeYbU�Q�c`USYQ\�S_^fUbdUb�d_�S_^^USd�dXU�BC"#"�\Y^Uc�
`bUcU^d�_^�dXU�<Y^Ti�5hdU^TUb�]_ecU�`_bdc�d_�dXU�BC"#"�`_bd�_^�Q�@3���
�
��
��
3QR\Uc�cX_e\T�RU�^_�\_^WUb�dXQ^�" �]UdbUc��
�
B_TPZTa�P]S�\XRa^_W^]T�RPQ[Tb�°�CSbUU^UT�QeTY_�SQR\Uc�gYdX�Q�cdUbU_�QeTY_�ZQS[�
_^�R_dX�U^Tc�cX_e\T�RU�ecUT��GXUbU�`_ccYR\U�[UU`�dXU�SQR\U�\U^WdXc�d_�Q�]Y^Y]e]��
DXU�]QhY]e]�bUS_]]U^TUT�\U^WdX�Yc�%�]UdbUc���
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�$$�
0"��CfXbcTS�_PXa�RPQ[T�
�
=Q^i�di`Uc�_V�dgYcdUT�`QYb�SQR\Uc�QbU�QfQY\QR\U��I_e�]Qi�ecU�e^cXYU\TUT�dgYcdUT�
`QYb��ED@��_b�cXYU\TUT�dgYcdUT�`QYb��CD@��SQR\U�gYdX�dXU�<Y^Ti�5hdU^TUb��5^cebU�dXQd�
dXU�SQR\U�i_e�ecU�Yc�_V�3QdUW_bi�%�_b�RUddUb�c`USYVYSQdY_^��
�
DXU�<Y^Ti�5hdU^TUb�ecUc�dXU�V_\\_gY^W�`QYbc�_^�dXU�dgYcdUT�`QYb�B:$%�ZQS[�S_^^USd_b��
9V�i_eb�SQR\U�Yc�dUb]Y^QdUT�V_b�^Udg_b[Y^W�ecU�dXU^�Yd�gY\\�`b_RQR\i�RU�gYbUT�S_bbUSd\i�
V_b�dXU�<Y^Ti�5hdU^TUb��1\\�V_eb�dgYcdUT�`QYbc�gYdXY^�dXU�SQR\U�QbU�ecUT�Ri�dXU�<Y^Ti�
5hdU^TUb��
�
2933�2bQ^T���BUh�SQR\Uc�QbU�`QbdYSe\Qb\i�bUS_]]U^TUT�V_b�ecU�gYdX�dXU�<Y^Ti�
5hdU^TUb�
�
DXU�ecQWU�_V�dXU�fQbY_ec�dgYcdUT�`QYbc�Yc�cX_g^�RU\_g*�
�
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�$%�
<PgX\XbX]V�cWT�eXST^�`dP[Xch�U^a�[^]V�RPQ[T�[T]VcWb�
�1\\�dgYcdUT�`QYb�SQR\Uc�QbU�S_^cdbeSdUT�c_�dXQd�UQSX�_V�dXU�dgYcdUT�`QYbc�XQc�Q�c\YWXd\i�
TYVVUbU^d�dgYcd�bQdU��DXYc�Yc�d_�bUTeSU�dXU�U\USdbYSQ\�Sb_cc�dQ\[�RUdgUU^�cYW^Q\c�
dbQfU\\Y^W�_^�QTZQSU^d�`QYbc��DXYc�TYVVUbU^SU�Y^�dgYcd�VbUaeU^Si�UVVUSdYfU\i�]UQ^c�dXQd�
dXU�gYbU�TYcdQ^SU�dXQd�Q^�U\USdbYSQ\�cYW^Q\�XQc�d_�dbQfUbcU�Yc�TYVVUbU^d�V_b�dXU�TYVVUbU^d�
`QYbc��DXYc�T_Uc�^_d�^_b]Q\\i�SQecU�Q�^_dYSUQR\U�`b_R\U]�Red�V_b�XYWXUb�cSbUU^�
bUc_\edY_^c�Qd�\_^WUb�SQR\U�\U^WdXc�Q�S_\_eb�cU`QbQdY_^�UVVUSd�]Qi�cdQbd�d_�RU�
_RcUbfUT���
�
9^�`bQSdYSU�]_cd�^Udg_b[Y^W�SQR\Uc�XQfU�_^U�`QYb�_V�S_^TeSd_bc�dXQd�QbU�cYW^YVYSQ^d\i�
]_bU�dYWXd\i�dgYcdUT�dXQ^�dXU�_dXUb�dXbUU��E^V_bde^QdU\i�dXYc�fQbYUc�RUdgUU^�SQR\U�
di`Uc�Q^T�]Q^eVQSdebUbc��9V�i_e�T_�_RcUbfU�Q�S_\_eb�cU`QbQdY_^�UVVUSd�Qd�XYWX�cSbUU^�
bUc_\edY_^c�Q^T�\_^WUb�SQR\U�\U^WdXc�dXU^�dXYc�]Qi�RU�Y]`b_fUT�Ri�cgQ``Y^W�dXU�
dgYcdUT�`QYbc�dXQd�QbU�ecUT�gYdXY^�dXU�SQR\U��D_�WQY^�dXU�RUcd�bUce\dc�dXU�bUT��WbUU^�
Q^T�R\eU�<Y^Ti�5hdU^TUb�S_\_eb�cYW^Q\c�cX_e\T�RU�cU^d�_fUb�dXU�dXbUU�`QYbc�dXQd�XQfU�
dXU�S\_cUcd�dgYcd�VbUaeU^Si��DXYc�^_b]Q\\i�]UQ^c�dXQd�dXU�`QYb�gYdX�dXU�dYWXdUcd�dgYcd�
VbUaeU^Si�cX_e\T�RU�Qf_YTUT��
�
9V�i_e�T_�^_d�Q\bUQTi�XQfU�Q�SQR\U�Q^T�i_e�gYcX�d_�`ebSXQcU�Q�ceYdQR\U�SQR\U�dXU^�
dXYc�]Qi�RU�`ebSXQcUT�Vb_]�<Y^Ti��8YWX�aeQ\Ydi�SQR\Uc�QbU�Q\c_�QfQY\QR\U�dXQd�
bU]_fU�dXYc�S_\_eb�cU`QbQdY_^�UVVUSd�S_]`\UdU\i��
�
�
�
0#��AB!"!�_^ac�_X]�PbbXV]\T]cb�
�FYUg�_V�<Y^Ti�5hdU^TUb�)�gQi�4�di`U�VU]Q\U�c_S[Ud�
�
�
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�$&�
AB!"!�RPQ[Tb�U^a�\^dbT�P__[XRPcX^]b�
�
2^\_dcTa�c^�;X]Sh�4gcT]STa�AB!"!�RPQ[T�U^a�AB!"!�\^dbT�P__[XRPcX^]b�
3_]`edUb�U^T�)�`Y^�VU]Q\U�S_^^USd_b� <Y^Ti�5hdU^TUb�U^T�)�`Y^�]Q\U�
S_^^USd_b�
"� "�
#� #�
%� %�
'� $�
��
<^dbT�c^�;X]Sh�4gcT]STa�RPQ[T���PSP_cTa�
=_ecU�U^T�)�`Y^�]Q\U�S_^^USd_b� <Y^Ti�5hdU^TUb�U^T�)�`Y^�]Q\U�
S_^^USd_b�
"� #�
#� "�
$� &�
%� %�
'� (�
&� $�
(� '�
�
�
AB!"!�RPQ[Tb�U^a�_aX]cTa�P__[XRPcX^]b��
2^\_dcTa�c^�;X]Sh�4gcT]STa�AB!"!�RPQ[T�U^a�AB!"!�_aX]cTa�P__[XRPcX^]b�
3_]`edUb�U^T�)�`Y^�VU]Q\U�S_^^USd_b� <Y^Ti�5hdU^TUb�U^T�)�`Y^�]Q\U�
S_^^USd_b�
1\\�\Y^Uc�S_^^USdUT�cdbQYWXd�dXb_eWX�!�!�"�"�#�#�UdS��
��
;X]Sh�4gcT]STa�c^�_aX]cTa�fXcW�!$�fPh�R^]]TRc^a�
<Y^Ti�5hdU^TUb�U^T�)�`Y^�]Q\U�
S_^^USd_b�
@bY^dUb�U^T�"%�`Y^�]Q\U�S_^^USd_b�
"� #�
#� "�
$� " �
%� '�
&� &�
(� %�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�$'�
�-- �����.)� /���� �����0��&��
��
?a^Q[T\)�
FYTU_�`YSdebU�Yc�\_cd�TebY^W�fUbi�XYWX�QeTY_�_ed`ed��
0RcX^])�
BUTeSU�dXU�]QhY]e]�QeTY_�_ed`ed�\UfU\�
�
�
�
<Y^Ti�5hdU^TUb� 9^cdQ\\QdY_^�Q^T�EcU� @QWU�$(�
������1�������� �� ������% ��# ���� ���
�
�
DXU�`UbV_b]Q^SU�Q^T�c`USYVYSQdY_^�_V�i_eb�<Y^Ti�5hdU^TUb�XQc�RUU^�U^XQ^SUT�gYdX�
dXU�QTTYdY_^�_V�Q��dbQ^c`QbU^d��cUbYQ\�`_bd��DXYc�cUbYQ\�`_bd�gY\\�Qed_]QdYSQ\\i�S_^VYWebU�
YdcU\V�d_�dXU�RQeT�bQdU�ecUT�Ri�i_eb�S_]`edUb�Q^T�T_Uc�^_d�bUaeYbU�S_^VYWebQdY_^��9d�
ce``_bdc�Q\\�RQeT�bQdUc�Q^T�`b_d_S_\c�e`�d_�%'�& �RQeT��9^�QTTYdY_^��dXU�S_^^USd_b�
_^�dXU�HB�e^Yd�XQc�RUU^�SXQ^WUT�d_�U^QR\U�TUfYSUc�dXQd�g_e\T�^_b]Q\\i�XQfU�RUU^�
`\eWWUT�TYbUSd\i�Y^d_�dXU�S_]`edUb�d_�RU�`\eWWUT�TYbUSd\i�Y^d_�dXU�HB�e^Yd��DXYc�
U^XQ^SUT�cUbYQ\�`_bd�`b_fYTUc�Y]`b_fUT�S_]`QdYRY\Ydi�gYdX�d_eSX�cSbUU^c��]YSU��
@<3c�Q^T�]_TU]c��
�
�
Bd\\Pah�^U�4]WP]RTS�5TPcdaTb�
�
• @\eW�TUfYSUc�dXQd�g_e\T�^_b]Q\\i�RU�`\eWWUT�Y^d_�dXU�S_]`edUb�c�)�gQi�]Q\U�
3?=�`_bd�S_^^USd_b�TYbUSd\i�Y^d_�dXU�)�gQi�]Q\U�S_^^USd_b�_^�dXU�<Y^Ti�:e^Y_b�
5hdU^TUb�HB�e^Yd��
�
• EcU�Q��cdbQYWXd�dXb_eWX��Q\\�\Y^Uc�S_^^USdUT�SQR\U��`Y^�!�d_�`Y^�!��`Y^�"�d_�`Y^�"�
UdS���Vb_]�dXU�)�gQi�VU]Q\U�S_^^USd_b�_^�dXU�H<�e^Yd�d_�dXU�)�gQi�]Q\U�
S_^^USd_b�_^�dXU�S_]`edUb��
�
• DXUbU�Yc�^_�^UUT�d_�S_^VYWebU�dXU�RQeT�bQdU�Q^T�`b_d_S_\�_V�dXU�cUbYQ\�S_^^USdY_^�
RUSQecU�Yd�gY\\�Qed_]QdYSQ\\i�V_\\_g�dXU�`b_d_S_\�ecUT�Ri�dXU�S_]`edUb�Q^T�dXU�
`UbY`XUbQ\�TUfYSU��
�
• DXU�U^XQ^SUT��dbQ^c`QbU^d��cUbYQ\�`_bd�gY\\�_`UbQdU�Qd�RQeT�bQdUc�e`�d_�%'�& �
RQeT��
�
�
�
�
�
1\\�<Y^Ti�:e^Y_b�5hdU^TUbc�VYddUT�gYdX�dXU�U^XQ^SUT�cUbYQ\�`_bd�XQfU�cUbYQ\�^e]RUbc�
`bUSUTUT�Ri�dXU�\UddUbc�<I:5��
�
�
top related