,E7 3@6 3D7 $3@G3> G;67 6GF;>;E3F;A@ 7F 67@FD7F;7@ $3@G3> 67 GEA K 5G;636A
AA=FAB $A67> % +,
,E7 3@6 3D7 $3@G3> G;67 6GF;>;E3F;A@ 7F 67@FD7F;7@ $3@G3> 67 GEA K 5G;636A
+34>7 A8 5A@F7@FE i*387FK @9A9BHG H8 I;F: F:7 3BB>;3@57 .73@;@9 5=@M @95B=B; @95B=B; ;I=89@=B9G $3;@F7@3@57
i+75:@;53> EE;EF3@57 *7DH;57 +DAG4>7E:AAF;@9 (CFA5@ CD9F5H=B; GCIB8G :CF H E7DH;57 *++ $ %+ & # $ + ')&,+ .))%+0
i*387FK $'&)+%+ * +0
%*+),+ &%*
, ( -0 ." - #(-.,/ .#)(.)% % /G9 H97HG A5M 85A5;9 H7 8AD ;@6G5F;A@ 5AA=;@9 . ;@6G5F;A@ 5AA=;@9 5AA=I3D7
.3 B>3CG7 67 5G;EEA@ CBB97H9F 9H 8_7CBB97H9F @5 D@5EI9 89 7I=GGCB ,_;@9F @5 NCB9 89 7I=GGCB .56@95I 89 7I=GGCB A@5F;A@ D;D7 *C`@9G Z IH=@=G9F DCIF @5 :CB7H=CB O F=F9 @_A9BHG Z DF9B8F9 9B 7CADH9 &9G B=J95IL 89 H9AD_F5HIF9 &5 DFC;F5AA5H=CB G9::97HI9 89 @5 :5]CB GI=J5BH9 .56@95I *FC;F5AA9G DCIF :F=F9 *`5GD;F` 7@83@FE CBB97H9F 9H 8_7CBB97H9F @5 G_7IF=H_ GD_7=5@9 DCIF 9B:5BHG CBB97H9F 9H 8_7CBB97H9F @5 G_7IF=H_ DCIF 9B:5BHG D9FA5B9BH9 A@5F;A@ *B7764AAEF &=A=H5H=CBG 8IH=@=G5H=CB 89 @5 :CB7H=CB -D9986CCGH @@9 G57H=J9 7CAA9 GI=H #@ G9 8_G57H=J9 7CAA9 GI=H A@5F;A@ 67 BDA9D3??3F;A@ 6G F7?BE _7CBB97H9F 5IHCA5H=EI9A9BH IB9 NCB9 89 7I=GGCB &5 A=BIH9F=9 'DAF75F;A@ >ADE 6G @7FFAK397 #;?;F3F;A@ 67 F7?BE 3GFA?3F;CG7
+34>7 67 ?3F;_D7E )`9>397E 67 43E7 77_89F 5IL F_;@5;9G 89 65G9
i%7FFAK397 7F 7@FD7F;7@ %7FFAK397 (9HHCM5;9 EICH=8=9B #BGHFI7H=CBG 89 B9HHCM5;9 @FD7F;7@
i*7DH;57 F75:@;CG7 'DA5`6GD7 \ EG;HD7 7@ 53E 67DD7GD FI=H BCFA5@ D9B85BH @9 :CB7H=CBB9A9BH 89 @5DD5F9=@ *7DH;57 F75:@;CG7 U%&%U )%+ # $ +U * ')&, +*
i*`5GD;F` %*+),+ &%* *U,) +U
$'&)+%+ *
&#, . )(- ,0 , - #(-.,/ .#)() $)(, /H=@=G9F 7CFF97H9A9BH 79H 5DD5F9=@ &=F9 HCIH9G @9G =BGHFI7H=CBG 5J5BH 8IH=@=G9F 79H 5DD5F9=@ _@97HFCA_B5;9F -= @9G F9BG9=;B9A9BHG 7CBH9BIG 85BG 79 A5BI9@ B9 GCBH D5G GI=J=G G7FIDI@9IG9A9BH IB =B79B8=9 CI IB9 9LD@CG=CB F=GEI9 89BHF5bB9F 89G 8CAA5;9G 89G 6@9GGIF9G 7CFDCF9@@9G CI @5 ACFH :=B 89 F_8I=F9 @9G F=GEI9G 8=B79B8=9 89 8_7>3F;A@
-5GGIF9F EI9 @5DD5F9=@ A_B5;9F 9GH 58_EI5H9A9BH =BGH5@@_ 9H A=G Z @5 H9FF9 D5F IB H975A5=G IH=@=G9F 895I GIF IB :9I 89 7I=GGCB ) $)(, , /#, & ,#-+/ #( ( # 3 (9 >5A5=G @5=GG9F @5 ;F=@@9 G5BG GIFJ9=@@5B79 @CFGEI9@@9 9GH 5@@IA_9 Z 89G H9AD_F5HIF9G _@9J_9G &9G GIF797H=CBG 85@=A9BHG ;F5G D9IJ9BH G9B:@5AA9F 3F7GD 67 D78DA;6;EE7?7@F
9HH9 GIF:579 89 7I=GGCB 9GH 8CH_9 8IB J9BH=@5H9IF 89 F9:FC=8=GG9A9BH ACBH_ 9B 89GGCIG 89 @5DD5F9=@ -= IB H=FC=F 9GH =BGH5@@_ 9B 89GGCIG 89 @5 GIF:579 89 7I=GGCB BM F5B;9F EI9 89 D9H=HG C6>9HG CI 8I D5D=9F 75F =@G DCIFF5=9BH 9B8CAA5;9F @9 J9BH=@5H9IF 89 F9:FC=8=GG9A9BH CI BI=F9 5I GMGH^A9 89 F9:FC=8=GG9A9BH (9 D5G F5B;9F 89 D5D=9F 5@IA=B=IA 89G A5H_F=5IL CI 89G @=EI=89G =B:@5AA56@9G D5F 9L9AD@9 89G 5_FCGC@G 85BG @9 H=FC=F CI DF^G 89 @5 GIF:579 89 7I=GGCB #@G DCIFF5=9BH 9LD@CG9F
)7?3DCG7
9H 5DD5F9=@ _@97HFCA_B5;9F DFC8I=H 9H IH=@=G9 89 @_B9F;=9 89 :F_EI9B79 #-' -=@ B9GH D5G =BGH5@@_ 9H IH=@=G_ 7CFF97H9A9BH 7CB:CFA_A9BH 5IL =BGHFI7H=CBG 8I :56F=75BH =@ D9IH 75IG9F 89G =BH9F:_F9B79G 5J97 @5 F_79DH=CB F58=C 9H H_@_J=G=CB 9G H9GHG D5F HMD9 CBH _H_ 9L_7IH_G 9H G9 GCBH F_J_@_G 7CB:CFA9G 5IL @=A=H9G 89G _EI=D9A9BHG #-' 9B J9FHI 89 @5 D5FH=9 89G F^;@9A9BHG 8I 7CB]IG DCIF DFC7IF9F IB9 DFCH97H=CB F5=GCBB56@9 7CBHF9 79G =BH9F:_F9B79G 85BG IB9 =BGH5@@5H=CB F_G=89BH=9@@9 (CIG B9 DCIJCBG 79D9B85BH D5G ;5F5BH=F EI9 89G =BH9F:_F9B79G B9 G9 DFC8I=FCBH D5G DCIF 79FH5=B9G =BGH5@@5H=CBG @@IA9F 9H _H9=B8F9 @5DD5F9=@ _@97HFCA_B5;9F DCIF 8_H9FA=B9F G=@ 9GH @5 75IG9 89G =BH9F:_F9B79G -I=JF9 @=BGHFI7H=CB GI=J5BH9 DCIF H9BH9F 89 7CFF=;9F @9G =BH9F:_F9B79G ,_CF=9BH9F @5BH9BB9 89 F_79DH=CB 89 @5 F58=C CI 8I H_@_J=G9IF &9 :56F=75BH B9GH F9GDCBG56@9 85I7IB9 =BH9F:_F9B79 F58=C CI 89 H_@_J=G=CB 75IG_9 D5F IB9 AC8=:=75H=CB BCB 5IHCF=G_9 5DDCFH_9 Z 79HH9 ;F=@@9 #@ =B7CA69 Z @IH=@=G5H9IF 89 7CFF=;9F 79G =BH9F:_F9B79G ) $)(, 79H 5DD5F9=@ _@97HFCA_B5;9F 7GE 67 5A??A6;F` 7F 67 BDABD7F` @9G 5@=A9BHG HCA6_G GIF @5 D@5EI9 7C@@9BH AC=BG
D
A@FDf>7 67 5G;EEA@ 7F 67 E`5GD;F` @5 D@5EI9 :CIFB=H CI 7CID9 @5@=A9BH5H=CB _@97HF=EI9 9B 5;=GG5BH GIF @9 6CIHCB 89 7CAA5B89 &5 NCB9 89 7I=GGCB D5F =B8I7H=CB 79GG9 89 DFC8I=F9 89 @5 73 5G;E;@7 B3D ;@6G5F;A@
#@ 9L=GH9 IB 5IHF9 HMD9 89 F_7=D=9BHG GD_7=5IL DCIF @5 7I=G=B9 D5F =B8I7H=CB 8CBH @9 :CB8 B9GH D5G 9BH=^F9A9BH :9FFCA5;B_H=EI9 0_F=:=9F @9 8=5A^HF9 75F 79@5 DCIFF5=H Z @5 :C=G 5JC=F IB9 =B:@I9B79 GIF @5 8_H97H=CB 8I F_7=D=9BH 9H @9G F_GI@H5HG 89 7I=GGCB
-`D;8;7D >7E D`5;B;7@FE 3H75 G@ 3;?3@F
/H=@=G9F IB 5=A5BH DCIF J_F=:=9F G= @9G F_7=D=9BHG GCBH 585DH_G -= 79GH @9 75G =@G 8C=J9BH `HF9 5HH=F_G &9 :56F=75BH =B8=EI9 ;_B_F5@9A9BH @9G F_7=D=9BHG 585DH_G Z @5 7I=G=B9 D5F =B8I7H=CB
)`5;B;7@FE @A@ 3BBDABD;`E
(9 >5A5=G IH=@=G9F 89G F_7=D=9BHG 9B
3D35F`D;EF;CG7E 67 >3 43E7 6G D`5;B;7@F
4E7@57 67 D`5;B;7@F AG F3;>>7 @A@ 363BF`7
S
57=9F :=B BCFA5@
S
J9FF9
S
5F;=@9
S
7I=JF9
S
5@IA=B=IA
&9G 75F57H_F=GH=EI9G 89 @5 65G9 89G F_7=D=9BHG D9IJ9BH =B:@I9F GIF @;?7@FE 5A@97>`E
FCEI9HH9G 89 DCI@9H CI7CIH 895I
@CK
A=B
A=B
A=B
A=B
A=B
-;3@67
>;?7@FE FAGF BDaFE
;H7DE
5A9A69FH 7I=H FCA5;9 7I=H A5B89G ;F=@@_9G BC=L D=;BCBG
)`9>397 8D;FGD7
+7?BE FAF3> 67 8D;FGD7 \ 5A?BF7D 6G E;9@3>
@CK A=B
A=B A=B
*@579F 85BG IB9 75GG9FC@9 :FC=89
'DA9D3??7E BAGD 8D;D7 /H=@=G9F IB=EI9A9BH 79G DFC;F5AA9G 5J97 @9G DC`@9G F97CAA5B8_9G DCIF @5 :CB7H=CB F=F9 9G DFC;F5AA9G D9FA9HH9BH 89 DF_D5F9F @9G D@5HG GI=J5BHG 'DA9D3?? >;?7@FE 7 67 8D;FGD7 *
0=5B89 75F;A@@7D >7 D`9>397 EAG:3;F`
DDIM9F GIF @9 GMA6C@9 +;?7D >IGEIZ 79 EI9 @=B8=75H9IF 89 @5 :CB7H=CB GCI7 67 5G;EEA@ B3D ;@6G5F;A@
++ %+ &% (9 >5A5=G IH=@=G9F 89 B9HHCM5BH GIF @5 J=HFC7_F5A=EI9 H5BH EI9 @5 GIF:579 9GH 7;9@AF7 7F E`F7;@F
J97 @5 :CB7H=CB *CK9F6CCGH @5 NCB9 89 7I=GGCB 9GH 57H=J_9 5J97 @5 DI=GG5B79 A5L=A5@9 &CFG 8IB9 D_F=C89 89 7I=GGCB DFC@CB;_9 =@ 9GH DCGG=6@9 EI9 @5 :CB7H=CB 5IHCA5H=EI9 G9 8_7CBB97H9 5I B=J95I 89 @5 NCB9 89 7I=GGCB DCIF _J=H9F IB9 GIF77 B7DEA@@7> CG3>;8;` 6G *7DH;57 F75:@;CG7
-= @5DD5F9=@ B9GH D5G F_D5F_ 7CFF97H9A9BH @IH=@=G5H9IF D9IH `HF9 9LDCG_ Z 89 ;F5J9G 85B;9FG @6;53F;A@ 7F @G?`DAE
-= @9 D5BB95I =B8=75H9IF 5::=7-4 ,- 877
-9@977=CB5F @5 NCB5 89 7C77=eB 7CFF97H5 @ H5A5dC 89@ F97=D=9BH9 8969 7C=B7=8=F 7CB 9@ 89 @5 NCB5 89 7C77=eB B 9@ 5D5FH58C O,97=D=9BH9G 5DFCD=58CG 5D5F979B @CG H=DCG 89 F97=D=9BH9G F97CA9B858CG D5F5 @5 7C77=eB DCF =B8I77=eB
@6;535;e@ 67 E79GD;636
3>AD D7E;6G3> &5 D@575 89 7C77=eB 7I9BH5 7CB IB =B8=758CF 89 75@CF F9G=8I5@ 9B 7585 NCB5 89 7C77=eB EI9 AI9GHF5 7I[@9G 5hB 9GH[B 75@=9BH9G 969 9J=H5F DCF H5BHC HC75F @5 NCB5 89 7C77=eB EI9 AI9GHF9 9GH5 =B8=757=eB IBEI9 @5 D@575 9GH_ 5D5;585 @5 G9 A5BH9B8F[ =@IA=B585 A=9BHF5G @5 NCB5 89 7C77=eB 9GH_ 75@=9BH9 -= G9 7E 67 F7?B7D3FGD3
Eb E7 BDA9D3?3
," &%*$
#&(*+(
&(%& % &(
5D@
)49B5G 755;A@3D 7> BDA9D3?3 67E736A
"
):6- 5741,)
"
)5*=:/=-;) +0=4- E7DH;5;A F`5@;5A 67 >3 93D3@Fb3
*5F5 C6H9B9F 9@ G9FJ=7=C H_7B=7C 89 @5 ;5F5BHa5 89 GI *FC8I7HC 8969 7CAIB=75FG9 7CB 9@ 79BHFC 89 G9FJ=7=C 5IHCF=N58C 89 CG7< A[G 79F75BC -" "CA9 DDD@=5B79G '7 5889B J9 "IBH=B;HCB 957<
1 3
'7 5889B J9 "IBH=B;HCB 957< • • KKK 6CG7
