Relativization and Nominalization in Bodic
Author(s): Scott DeLancey
Proceedings of the Twenty-Eighth Annual Meeting of the Berkeley
Linguistics Society: Special Session on Tibeto-Burman and Southeast
Asian Linguistics (2002), pp. 55-72
Please see “How to cite” in the online sidebar for full citation information.
Please contact BLS regarding any further use of this work. BLS retains
copyright for both print and screen forms of the publication. BLS may be
contacted via http://linguistics.berkeley.edu/bls/.
The Annual Proceedings of the Berkeley Linguistics Society is published online
via eLanguage, the Linguistic Society of America's digital publishing platform.
!"#$%&'&($%&)*+$*,+*)-&*$#&($%&)*+&*+.),&/+
#./00$12"34.25$
!"#$%&'#()*+,*-&%.+"*
6789:$ ;7:$ 08<:;=,!>?@AB$ '0,!)$ 9ABC>AC:D$ D7=E$ F=BD8G:?A<9:$ ;HI=9=C8FA9$
G8J:?D8;H$ A9=BC$ D=@:$ G8@:BD8=BDK@=D;$ B=;A<9H$ 8B$ ;7:$ D;?>F;>?:$ ABG$
@=?I7=9=C8FA9$F=@I9:L8;H$=M$;7:$J:?<K8B$;:?@D$=M$@=D;$=M$;7:$@AN=?$;HI=9=C8FA9$
IA?A@:;:?D$;7:H$D7=E$AB$8@I?:DD8J:$F=BD8D;:BFHO$68;7$;7:$:LF:I;8=B$=M$;7:$PA?:B$
<?ABF7Q$ 0,!$ 9ABC>AC:D$ A?:$ ?:D=9>;:9H$ #/RQ$ E8;7$ A99$ =M$ ;7:$ A;;:BGAB;$ D;8C@A;A$
'I=D;I=D8;8=BDQ$I=D;J:?<A9$A>L898A?8:DQ$F9A>D:,M8BA9$D><=?G8BA;=?DQ$:;FO)$"8S:$@ABH$
=;7:?$ #/R$ 9ABC>AC:D$ 0,!$ 9ABC>AC:D$ A?:$ F9A>D:,F7A8B8BCO$ 3BG$ E789:Q$ E7:B$
F=BD8G:?:G$ M?=@$ A$ 0,!$ 8B;:?BA9$ I:?DI:F;8J:Q$ F:?;A8B$ 9ABC>AC:D$ =?$ <?ABF7:D$ G=$
D7=E$ D=@:$ 8D=9A;8BC$ '"=9=8D7)$ =?$ 8BM9:F;8=BA9$ '08<:;AB)$ <:7AJ8=?DQ$ 8B$ A$ 9A?C:?$
I:?DI:F;8J:$;7:$M>BGA@:B;A9$;HI=9=CH$=M$;7:$MA@89H$8D$:DD:B;8A99H$ACC9>;8BA;8J:O$
$
!:D8G:D$ ;78D$ <AD8F$ #/R,ACC9>;8BA;8J:$ D;?>F;>?A9$ I9ABQ$ ;7:$ DHBF7?=B8F$
DHB;AF;8F$=?CAB8TA;8=B$ABG$G8AF7?=B8F$;:BG:BF8:D$=M$;7:D:$9ABC>AC:D$FAB$<:$9A?C:9H$
>BG:?D;==G$8B$;:?@D$=M$;E=$DHB;AF;8F$;:BG:BF8:D*$J:?<$D:?8A98TA;8=B$'D::$UA;8D=MM$
VWXWQ$ VW-YQ$ VWWVQ$ #@:A99$ VW-+Q$ 1:"ABF:H$ VWWV)$ ABG$ B=@8BA98TA;8=BO$ 07:$
8@I=?;ABF:$ =M$ <=;7$ =M$ ;7:D:$ EAD$ M8?D;$ ?:F=CB8T:G$ <H$ UA;8D=MM$ 8B$ 78D$ ABA9HD8D$ =M$
"A7>QV$ABG$<?=>C7;$;=$;7:$A;;:B;8=B$=M$;7:$08<:;=,!>?@AB8D;$E=?9G$<H$;E=$D:@8BA9$
IAI:?D$'UA;8D=MM$VWXWQ$VW-%)Q$E78F7$<:;E::B$;7:@$7AJ:$8BM=?@:G$;7:$@AN=?8;H$=M$
;7:$ E=?S$ 8B$ 0,!$ DHB;AL$ E78F7$ 7AD$ AII:A?:G$ D8BF:O$ 07:$ G:;:?@8B8BC$ ?=9:$ =M$
B=@8BA98TA;8=B$8B$0,!$DHB;AF;8F$D;?>F;>?:$ABG$G8AF7?=BH$8D$MA?$;==$9A?C:$A$;=I8F$;=$
G=$N>D;8F:$;=$7:?:Z$@H$I>?I=D:$8D$=B9H$;=$D>?J:H$=B:$@AB8M:D;A;8=BQ$?:9A;8J8TA;8=BQ$
E78F7$;7?=>C7=>;$;7:$MA@89H$8D$<AD:G$8B$;7:$C?A@@A?$=M$B=@8BA98TA;8=BO$
012+ 3)-&*$#&($%&)*+&*+45.+67*%$8+$*,+,&$/9:)*7+
2A?9H$8BJ:D;8CA;=?D$=M$08<:;=,!>?@AB$9ABC>AC:D$D::@$;=$7AJ:$7AG$A$D:BD:$=M$;7:$
F:B;?A98;H$=M$B=@8BA98TA;8=B$;=$;7:8?$DHB;AF;8F$=?CAB8TA;8=BQ$<>;$E:?:$B:J:?$?:A99H$
VO[B$MAF;$UA;8D=MM$F9:A?9H$7AG$A$D;?=BC$D:BD:$=M$;7:$8@I=?;ABF:$=M$J:?<$D:?8A98TA;8=B$8B$0,!$:J:B$
<:M=?:$7:$:BF=>B;:?:G$"A7>Q$AD$UA;8D=MM$VW-Y$EAD$AF;>A99H$E?8;;:B$;:B$H:A?D$<:M=?:$;7A;Q$I?8=?$;=$
78D$M8?D;$M8:9GE=?S$=B$"A7>O$
!"#$%&#$'%((%)*$++,-%$
!"#$$%&'()*"'+
)./'% $#% "#0'% $#% 12345% 63$7% 3$5% 2'5#/8$'/+% *#*9:*;#9<82#4')*% 0)*3='5$)$3#*5>% ?8$%
$7'% 5'23#85% 5$8;+% #=% *#03*)/3@)$3#*% )*;% 2'/)$3A3@)$3#*% 3*% B3.'$#9?820)*% .'13*5%
C83$'%2'"'*$/+D%63$7%E)$35#==F5%5'03*)/%4)4'2%G()78%*#03*)/3@)$3#*D%1'*3$3A3@)$3#*D%
)*;%2'/)$3A3@)$3#*H%IJKLMN>%:*%$7'%'*583*1%MO%+')25%$7'%"#**'"$3#*%.'$6''*%$7'5'%
$6#% 47'*#0'*)% 7)5% .'"#0'% 2'"'3A';% 635;#0% 3*% $7'% =3'/;P% ?3"Q'/% IJKKKN% 7)5%
2'"'*$/+%2'='22';%$#%$7'%G!$)*;)2;%!3*#9B3.'$)*%R#03*)/3@)$3#*H%4)$$'2*%I5''%)/5#%
S'223*1% JKKJD% T'*'$$3% JKKMD% R##*)*% JKKLND% )*;% 12)00)$3")/% ;'5"234$3#*5% *#6%
2#8$3*'/+% 7)A'% )% 5'"$3#*% #*% *#03*)/3@';% "/)85'5% 3*% 673"7% 2'/)$3A3@)$3#*% 35%
;35"855';%)/#*1%63$7%#$7'2%85'5%#=%*#03*)/3@)$3#*>%
%
:*% ()78D% )5% ;'5"23.';% 3*% ;'$)3/% .+% E)$35#==% IJKLMD% JKUMND% )% 53*1/'%
0#247'0'D% !"D% =8*"$3#*5% )5% )% *#03*)/3@'2D% "#04/'0'*$3@'2D% 2'/)$3A3@'2D% )*;%
1'*3$3A'% 0)2Q'2>% V% 5303/)2% "#04/'W% #=% =8*"$3#*5% 2'A#/A3*1% )2#8*;% )% 53*1/'%
0#247'0'% #""825% 3*% #$7'2% B9?% /)*18)1'5D% '>1>% X3*147)6D% !#8$7'2*% Y73*%
IS#817$#*% JUKMND% )*;% Y7)*$+)/% IR##*)*% JKKLN>% Z73/'% $7'% 3*"/853#*% #=%
1'*3$3A3@)$3#*%#*%$735%/35$%#=%=8*"$3#*5%35%=)2%=2#0%)%8*3A'25)/%B9?%=')$82'%I$7#817%
3042'553A'/+%63;'542');D%)5%$7'%/35$%).#A'%5811'5$5ND%$7'%3;'*$3$+%#=%2'/)$3A3@)$3#*%
63$7%*#03*)/3@)$3#*%"#*5$28"$3#*5%;#'5%5''0%$#%.'%*')2/+%8*3A'25)/%$72#817#8$%$7'%
=)03/+D%$7'%#*/+%"/')2%'W"'4$3#*5%.'3*1%)%7)*;=8/%#=%S30)/)+)*%/)*18)1'5%673"7%
)2'% 2'4#2$';% )5% 7)A3*1% ;'A'/#4';% :*;#9<82#4')*95$+/'% 2'/)$3A'% 42#*#8*%
"#*5$28"$3#*5>% [$7'2% )44)2'*$% 'W"'4$3#*5% 0)+% 7)A'% 0#2'% 3*$'2'5$3*1% 735$#23'5>%
[*'% 'W)04/'% 35% ?820'5'D% 673"7% 35% )% 4230)% =)"3'% 'W"'4$3#*% $#% $7'% "/)30% $7)$%
2'/)$3A'%"/)85'5%)2'%8*3A'25)//+%*#03*)/3@)$3#*5%3*%B3.'$#9?820)*>%B7'%?820'5'%
2'/)$3A'%"/)85'%35%)*%#2;3*)2+%=3*3$'%"/)85'D%'*;3*1%3*%#*'%#=%$7'%=3*3$'%;'"/)2)$3A'%
=3*)/% 4)2$3"/'5% #"% #2% $"!% )*;% 0)2Q';% )5% 58.#2;3*)$'% .+% G3*;8"';H% 12)00)$3")/%
"2')Q+%$#*'%I[Q'//%JK-K\JUD%,K9-JD%5''%)/5#%Z7')$/'+%JKUM\JO]9KD%!#'%JKKK\,O9-D%
S'223*1% JKKJN>% ?8$% 673/'% 3*;8"';% "2')Q+% $#*'% 35% *#$% 5+*"72#*3")//+% )% =#20% #=%
*#03*)/3@)$3#*D%$7'2'%35%)04/'%'A3;'*"'%$#%5844#2$%?'*';3"$F5%IJKLMN%5811'5$3#*%
$7)$%3$%2'=/'"$5%$7'%#/;%^B?%1'*3$3A'%0#247'0'%%&'%IB7821##;%JKUJND%)*;%$785%$7)$%
$7'% 0#;'2*% ?820'5'% 2'/)$3A'% "/)85'% 2'=/'"$5% )*% #/;'2% "#*5$28"$3#*% 0#2'% 3*% /3*'%
63$7%$7'%G!$)*;)2;%!3*#9B3.'$)*%R#03*)/3@)$3#*H%4)$$'2*>%
!"#$
%&'(&)(*+,$*+$&$)-./.$
B7'% =8*;)0'*$)/% 2'/)$3A3@)$3#*% 4)$$'2*% 35% $7'% 5)0'% $72#817#8$% $7'% =)03/+\%
2'/)$3A3@)$3#*% 35% )% 58.54'"3'5% #=% "/)85)/% *#03*)/3@)$3#*>% B7'% 0#;3=+3*1% "/)85'% 35%
*#03*)/3@';D%)*;%$7'*%5$)*;5%3*%'3$7'2%)%1'*3$3A'%#2%)*%)44#53$3A'%2'/)$3#*%$#%$7'%
7');% *#8*>% ?'+#*;% $735% .)53"% "#00#*)/3$+D% 7#6'A'2D% $7'2'% 35% )% 58.5$)*$3)/%
)0#8*$% #=% A)23)$3#*% 3*% $7'% "#04/'W3$+% )*;% #21)*3@)$3#*% #=% $7'% *#03*)/3@)$3#*_
2'/)$3A3@)$3#*%5+5$'0>%:*%$735%5'"$3#*%:%63//%42'5'*$%$72''%C83$'%;3=='2'*$%4)$$'2*5%3*%
5#0'% ;'$)3/P% 6'% 63//% 5''% =82$7'2% A)23)$3#*5% #*% $7'% .)53"% $7'0'% 3*% $7'% =#//#63*1%
5'"$3#*>
!"0$1$,(/23.$,4,)./5$63&,,(7&3$8(9.)&+$
,-
!"#$%&'&($%&)*+$*,+*)-&*$#&($%&)*+&*+.),&/+
#$%&&'(%$) *'+,-%.) ,/,01$'2',&) %) 3,45) &'01$,) &5&-,06) 78'(8) 9) 7'$$) %4:;,) (%.) +,)
%&(4'+,<) -=) >4=-=?@=<'(A) *8,) +%&'() .=0'.%$'B,46) !"6) '&) -8,) =.$5) 4,$%-'3,) 0%4C,46)
%.<)-8,)4,$%-'3,)(=.&-4;(-'=.)'&)'.<'22,4,.-)-=)<'&-'.(-'=.&)=2)(%&,6)-,.&,D%&1,(-6)%.<)
%.'0%(5A)
!"#"#$%&'()*+(,*-(&)$*).$/0+*-(1(,*-(&)$()$2+*33(4*+$5(60-*)$
*8,)4,$%-'3,)(=.&-4;(-'=.)'&)%).=0'.%$'B,<)($%;&,)2;.(-'=.'.:)%&),'-8,4)14,.=0'.%$)
0=<'2',4)=2)%)8,%<).=;.)=4)%)1=&-.=0'.%$)%11=&'-'3,)E&,,)F%B%;<=.)GH"I6)@,5,4)
GHHJ6) K,L%.(,5) GHHHMA) >4,?8,%<) 4,$%-'3,&) %4,) %$7%5&) 0%4C,<) %&) :,.'-'3,6)
'.<'(%-'.:) -8,'4) &;+=4<'.%-,) &-%-;&) 7'-8'.) -8,) N>O) 1=&-?8,%<) 4,$%-'3,&) .,3,4) %4,A)
P,$%-'3'B%-'=.)(%.)+,)=22)=2)%.5):4%00%-'(%$)4=$,Q)
#$%
012+
032+
0:2+
&'()*")+(,
-.,
<',?NRF?STN) +=<5)
U%)<,%<)+=<5V)
&/.*01!.2, 341)!")+(,
*-56/07'68&)9'"2, :1(
-,%(8,4) .=-A,/'&-?NRF?STN) %&(,-'()
KTF
U-8'&)%&(,-'()78=)8%&).=)-,%(8,4V)
-8;"/)!., 28"2)!")+(, 8<;.80!., -2"3&)=;(&, &2;(280->4
C'.:)
+%<?STN) &,43%.-) >LW?TPS)
(=01%&&'=.)
-",)!"45+
65$,)!"78&+
69$-7("+
.=-A,/'&-?NRF?9NX*P) C'$$,<?NRF?STN)@4%80'.)
U-8,)@4%80'.)78=0)-8,)&,43%.-&)=2)-8,),3'$)C'.:)0,4('$,&&$5)C'$$,<VJ
/5"103., /5")*")+(,
/"3, 16
&':8-&)
&,,?NRF?STN) 4=%<) LR#
U=.)-8,)7%5)-=)&,,)-8,)&':8-&V)
Y$-8=;:8) +=-8) -8,) #$%&&'(%$) *'+,-%.) %.<) -8,) L%8;) &5&-,0) '.3=$3,) %) &'.:$,)
.=0'.%$'B,4) '.) %) &'.:$,) (=.&-4;(-'=.6) -8,5) <'22,4) &':.'2'(%.-$5) '.) -8%-) -8,) *'+,-%.)
14,.=0'.%$) 4,$%-'3,) ($%;&,) '&) 0%4C,<) %&) %) <,1,.<,.-) +5) :,.'-'3,) (%&,6) 78'$,) '.)
L%8;) -8,) .=0'.%$'B,4) '&) '-&,$2) -8,) :,.'-'3,) 0=418,0,A) *8,) 0=-'3%-'=.) 2=4) -8,)
*'+,-%.) (=.&-4;(-'=.) '&) &,$2?,3'<,.-A) *8,) 2;.(-'=.) =2) -8,) :,.'-'3,) '&) -=) 0%4C) =.,)
.=0'.%$) %&) &;+=4<'.%-,) -=) %.=-8,46) -51'(%$$5) %&) %) 0=<'2',4A) X'.(,) %) .=0'.%$'B,<)
($%;&,)'&6)+5)<,2'.'-'=.6).=0'.%$6)'-)(%.6)$'C,)%.5)=-8,4).=0'.%$6)+,)&;+=4<'.%-,<)-=)
%) 8,%<) .=;.) ;&'.:) -8,) :,.'-'3,A) *8,) 1=&-.=0'.%$) (=.&-4;(-'=.) %11,%4&) -=) +,) %.)
%11=&'-'3,6) %) (=00=.) (=.&-4;(-'=.) '.) *'+,-%.) %.<) &=0,) =-8,4) @=<'() $%.:;%:,&)
E&,,)Z%--,4&)J[[JMA)
)
9.)=$<,4)2=40&)=2)*'+,-%.6))!")'&)%);+'\;'-=;&6):,.,4%$?1;41=&,).=0'.%$'B,4Q)
JA*8'&),/%01$,)'&)('-,<)+5)]%8.)EGH"^Q"^M6)78=).=-,&)-8%-)'-)'&)-51'(%$)=2)-8,),/-4,0,$5)$=.:)%.<)
(=01$,/)0=<'25'.:)($%;&,&)78'(8)%4,)=2-,.)2=;.<)'.)#$%&&'(%$)-,/-&A)
!"
!"#$$%&'()*"'+
./'%0*10*0$02'3%)4%5'66%)4%$/'%7)8$0"076'43%9):'4%;4'%#1%$/'%$'890*)$0#*4%
0*% !"% )*<% #"3% )4% <#% $/'% 4;=4$)*$02'4% )*<% )<>'"$02'4?% @'8+% #1$'*% 0$% 04%
78)"$0")66+% 097#440=6'% $#% <'"0<'% )$% #*"'3% 5/'$/'8% )% "'8$)0*% 5#8<% 04%
9')*$%$#%='%)*%0*10*0$02'%#8%)%7)8$0"076'A%$%&'()*#"%9)+%9')*B%$#%4''3%
4''0*C3% #8% 4''*A% +,-*#"% 9)+% 9')*B% $#% 4)+3% 4)+0*C3% #8% 4)0<?% DE8)*":'%
FGHGBFIJK%
L+%M7)8$0"076'N%E8)*":'3%60:'%4#9'%9#<'8*%);$/#843%04%8'1'880*C%$#%)%8)*C'%#1%;4'4%
0*"6;<0*C% 5/)$% O% /)2'% =''*% <04";440*C% )4% $/'% 8'6)$02'% "6);4'% "#*4$8;"$0#*?% E#8%
'P)976'4% 4''% L)"#$% FGI-BQHRI?% E8)*":'% 'P760"0$6+% *#$'4% $/)$% *!"3% =#$/% )4% )%
*#90*)60S'8% DM0*10*0$02'NK% )*<% 8'6)$020S'8% DM7)8$0"076'NK% 04% 0*<011'8'*$% $#% $'*4'3%
5/0"/% 04% $#% 4)+% $/)$% $/'% )47'"$;)6% 8'4$80"$0#*4% #*% 0$4% ;4'% 5/0"/% 5'% 5066% 4''% 0*%
9#<'8*%T'*$8)6%.0='$)*%)8'%*#$%)77)8'*$%0*%$/'%T6)440")6%6)*C;)C'?%
!"#"! *!"$%&'$*$"
!"/#6)84% C'*'8)66+% <04$0*C;04/% $/04% *!"% 18#9% )*#$/'8% 0<'*$0")6% 9#87/'9'% 5/0"/%
)6$'8*)$'4%50$/%*$"3 *!'3% )*<% *$'% 0*% )% 8#;C/% 4+4$'9%#1%C'*<'8%9)8:0*C%0*%*#;*4%
)*<%)<>'"$02'4?%O*%$/'%9#<'8*%6)*C;)C'3%9)*+%*#;*4%8'1'880*C%$#%/;9)*%='0*C4%#8%
"#*470";#;4% )*09)64% )8'% 47'"010'<% 1#8% C'*<'8% =+% #*'% #1% $/'4'% 4;110P'4B% -)."/*!'
U:0*CV3 -)."/*$'%UW;''*V3%#%01(*!"%U9#*:V3%#%01(*$"%U*;*V3%2&,(*!'%U'6<'8%=8#$/'8V3%
2&,(*$'%U'6<'8%404$'8V3%'$"?%./'%4;110P'4%)77')8%0*%9)*+%#$/'8%*#;*43%5/'8'%$/'+%
/)2'%*#%C'*<'8%8'1'8'*"'B%(.1()*$"%U$;8*07V3%$34()*!"%U*'":V3%#-"*#'%U=;":5/')$V3%
-4*$'%U70"$;8'VA%$/'%"6)440"%78#=6'9%'P)976'%04%#/"*$"%U6)9)V3%50$/%$/'%M1'90*0*'N%
*$"% 4;110P% =;$% ;*)9=0C;#;46+% 9)4";60*'% 8'1'8'*"'?% E8)*":'% *#$'4% $/)$% 9)*+%
*#;*4%5/0"/%0*%$/'%9#<'8*%6)*C;)C'%/)2'%*#%4;110P%#"";8%50$/%#*'%0*%$/'%#6<'8%
$'P$43% 18#9% 5/0"/% /'% 0*1'84% )*% ')860'8% 4+4$'9% #1% C8)99)$0")6% C'*<'8?% X% 1'5%
)<>'"$02'4% 0*16'"$% 1#8% C'*<'8% $/8#;C/% )6$'8*)$0#*% #1% $/'4'% 4;110P'43% '?C?% -)"5*!'?
-)"5*$'% U#6<V3% $5+,0*!'3 $5+,0*$"% U=');$01;6V3% =;$% 1#8% $/'% 9#4$% 7)8$% $/'% ;4'% #1%
$/'4'%4;110P'4%0*%)<>'"$02'4%04%6'P0")66+%10P'<%)*<%0*2)80)*$?%
%
Y/06'% C8)99)$0")6% 9)8:0*C% #1% C'*<'8% 04% *#$% 50<'478')<% 0*% L#<0"3% $/'%
$8)<0$0#*)6% )$$80=;$0#*% #1% $/'% .0='$)*% 7)$$'8*% $#% #6<'8% 6'2'64% 04% 4;77#8$'<% =+% 0$4%
)$$'4$)$0#*% 0*% (09=;% D4'"?% H?HK?% ./'% (09=;% '20<'*"'% 4;77#8$4% $/'% 0<')% $/)$% $/'%
C'*<'8%4+4$'9%04%"6#4'6+%8'6)$'<%$#%$/'%*!"%*#90*)60S)$0#*%4+4$'9A%0*%(09=;%$/'+%
)8'%*#$%<04$0*"$?%./'%1#894%0*%'%)8'%78#=)=6+%#80C0*)66+%<'9#*4$8)$02'43%8'6)$'<%$#%
4;"/%1#894%)4%$/'%.0='$)*%Z8<%7'84#*%1'90*0*'%78#*#;*%$'3%)*<%)%<'10*0$'%4;110P%
!'! "! #'% 5/0"/% 4$066% #"";84% 0*% $/'% 5'4$'8*% <0)6'"$4?% O*% ()<):/0% $/04% #"";84% M50$/%
40*C;6)8% *#;*4% 5/'*% $/'% 7'84#*% #8% #=>'"$% ='0*C% 8'1'88'<% $#% ???% /)4% $#% ='%
7)8$0";6)80S'<N%D[#4/)6%FGQGBF\-K3%)4%0*%4*$4*-5,6$'*#'%M$/04#$%*RC##<R!]^TN%_%
U$/04%C##<%9)*V?%D`#$'%$/'%6'P0")66+%47'"010'<%M1'90*0*'N%4;110P%0*%-5,6$'%UC##<V3%
)6$/#;C/% $/'% 8'1'8'*"'% #1% $/04% 'P)976'% 04% 9)4";60*'K?% E8)*":'% 10*<4% $/04% 1#89%
9#8'% 50<'6+% ;4'<% 0*% ')860'8% 1#894% #1% $/'% 6)*C;)C'% D"1?% )64#% T4#9)% <'% [a8a4%
F-ZIBF\-KB
,-
!"#$%&'&($%&)*+$*,+*)-&*$#&($%&)*+&*+.),&/+
#$%& '%()*+,-.,/0%& 1-)*)2*& /+& )3,%*& -%14.5%'& )-& +,-%*6,$%*%'& 78& ,$%&
)1,/)*.4&.-,/54%&!"9&:$/5$&(.8&7%&.''%'&,)&.*8&*)2*9&32-*/+$%'&:/,$&.*&
.-,/54%&;+%<2.4&'%,%-(/*.,/)*=&)-&*),>&?,&%(1$.+/@%+&,$%&:)-'&,)&:$/5$&/,&
/+& .''%'A& #$%&'!"9& ,$.,& ')6B& (%&'!"9& ,$.,& (.*B& )*+&'#$*,-'.*'!"9& ,$/+&
$)2+%>&;C-.*5D%&E"F"AEEF=&
!"!#$%&'#()&*)+,*)-+&#)+#.)/01#
G/(72&$.+&.&()-%&%4.7)-.,%&+8+,%(&,$.*&H4.++/5.4&#/7%,.*9&72,&/,&/+&72/4,&.-)2*'&
,$%& +.(%& '.*& ()-1$%(%>& #$%-%& .-%& ,$-%%& -%4.,/0%& 5)*+,-25,/)*+& /*& G/(729&
'/+,/*62/+$%'&78&,$%&6-.((.,/5.4&-)4%&)3&,$%&$%.'&*)2*&/*&,$%&-%4.,/0%&54.2+%>&#$%&
+/(14%+,& /+& .4()+,& %<.5,48& 4/D%& ,$%& #/7%,.*I.& 54.2+%& *)(/*.4/@%'& :/,$& '.*>
J):%0%-9&/*&G/(72&,$%&-%4.,/0%&54.2+%&')%+&*),&$.0%&6%*/,/0%&(.-D/*6A&
/01
&
,*ʋ('&2234 5ȓ'!*4
$"67&#4
+2*KLMN& %.,KOPQ& +D/*&
R+D/*&:$/5$&$.+&7%%*&72-*%'&;R%.,%*S=&78&,$%&+2*S&;0.*&T-/%(&E"UVAE"U=&
W.*&T-/%(&;E"UV=&')%+&*),&'%+5-/7%&,$%&'/+,-/72,/)*&)3&,$/+&5)*+,-25,/)*&/*&,%-(+&
)3&5.+%&)-&-)4%9&72,&N%*%,,/&;E""FAXEF=&*),%+&,$.,&/*&$/+&,$%&'.,.&/,&)552-+&)*48&.+&
*)(/*.4/@.,/)*& )-& -%4.,/0/@.,/)*& )33& .& *)*K+27Y%5,>& Z27Y%5,& -%4.,/0/@.,/)*& /+& ,$%&
32*5,/)*&)3&,$%&[.5,/0%&1.-,/5/14%\&5)*+,-25,/)*9&/*&:$/5$&,$%&0%-7&/+&(.-D%'&:/,$&.&
1-%3/< #3'&.+&:%44&.+&,$%&'.*&*)(/*.4/@%-A&
/81
&
,*ʋ',94
#3'!$3('!3',4
#3',+:9('&,4
,$%-%K3-)(& ]^K5)(%KOPQK]_Z& F+6K3-/%*'K]_Z
R8)2-&3-/%*'&:$)&/+&5)(/*6&3-)(&)0%-&,$%-%S&;0.*&T-/%(&E"UVAF`a=&
#$/+&5)*+,-25,/)*&/+&3)2*'&.4+)&/*&,$%&54)+%48K-%4.,%'&],$1.-%9&:$%-%&,$%&[.6%*,/0%&
1.-,/5/14%\ #*'!"#$/'!*19&.+&/*&#*'.$9'!*&R,./4)-S9&#*'#$9!'!*&R,$/%3S9&5.*&7%&[2+%'&
.+&.&*)2*&)-&.+&.*&.,,-/72,%\&;L7%-,&E""VAV"=>a&#$%&],$1.-%&3)-(&5.*&7%&/*34%5,%'&
3)-& ,$%& 1%-+)*& )3& ,$%& )7Y%5,& .-62(%*,& 78& (%.*+& )3& 1)++%++/0%& 1-%3/<%+A& *'#*'23(
R:$)& 7%.,+& /'S9 #*'#*'.&#& R:$)& +1%.D+& ,)& 2-1S>& ]& ,$/-'& 5)*+,-25,/)*9& '%-/0/*6&
^.,/%*,& *)(/*.4/@.,/)*+9& /*0)40%+& .& 1.++/0%& 1.-,/5/14%& /*& '(,*& 142+& ,$%& '.*
*)(/*.4/@%->&
&
G/(72& .4+)& +$):+& ,$%& +.(%& .'Y%5,/0%K3)-(/*6& 32*5,/)*& )3& %&'(& ,$.,& :%&
3/*'&/*&H4.++/5.4&#/7%,.*>&?*'%%'9&,$%-%&5.*&7%&4/,,4%&')27,&+/(148&)*&,$%&7.+/+&)3&
,$%+%&,:)&4.*62.6%+&,$.,&+)(%&0%-+/)*&)3&,$/+&3)-(.,/)*&%</+,%'&/*&^-),)K_)'/5B&53>&
a>#$%&1-%3/<&/+&.4+)&+,-/D/*648&+/(/4.-&,)&,$%&]*6.(/&;O.6.=&6%*%-.4&*)(/*.4/@%-&;.*'&-%4.,/0/@%-=&
#Ș'&;J%--/*6&E""EA!bK"=>&&#$2+&:$/4%&N%*%,,/c+&+266%+,/)*&;E""FAXEa=&,$.,&+/(14%&*)(/*.4/@.,/)*&
:/,$&%&'(&/+&)4'%-&/*&G/(72&,$.*&,$%&5)(1)+/,%&3)-(&/+&2*')27,%'48&5)--%5,9&,$%&1-%3/<&(/6$,&/,+%43&
7%& d2/,%& )4'& /*& +)(%& 32*5,/)*& :$/5$& .44):%'& /,+& '%0%4)1(%*,& /*,)& .& ()'/38/*6& 5)*+,-25,/)*& /*&
()-%&,$.*&)*%&4.*62.6%>&
!"
!"#$$%&'()*"'+
(./01% !ȓĬ"#$2% 3.04% !%&'(")$% 567#8$92% :7."7% ;8'61/)0<+% 8';8'6'*$6% )% =.8'"$%
.*7'8.$)*"'%>8#/%)%?8#$#@A#=."%>#8/%.*%0#$7%<)*B1)B'64%C*%(./012%)6%.*%D32%$7'6'%
>#8/)$.#*6%)8'%/)8E'=%>#8%B'*='8F%
*+,
%
%
*1,
%
%
-%ȚĬ. '&")$.
/0ʋG8=% B##=@HIJ% 0'%
57'K.$%.6%B##=9%
-%ȚĬ. '&"2$.
/0ʋ3
G8=% B##=@HIJKLMJ% 0'%
567'%.6%B##=49%
N7.<'% O)*% &8.'/% =#'6% *#$% =.6"166% $7.6% ;7'*#/'*#*% )$% <'*B$72% .$% );;')86% $7)$%
B'*='8% /)8E.*B% .*% (./01% .6% /1"7% /#8'% ;8#=1"$.O'% )*=% "#*6.6$'*$% $7)*% .*% )*+%
)$$'6$'=%O)8.'$+%#>%3.0'$)*4%
!"#$%&'()*+$)&,$&-(./0$'&$1/2)0'$
H':)8.% 7)6% $78''% *#/.*)<.P'86% :7."7% #""18% .*% 8'<)$.O'% "<)16'64% 37'% 6+6$'/%
=.6$.*B1.67'6% )*./)"+% )*=% *1/0'8F% (&*34, Q % 7)6% .*)*./)$'% 8'>'8'*"'R% )*./)$'%
8'>'8'*"'%16'6%"2%$%>#8%6.*B1<)8%)*=%"#5%ST%"#$"'4U%>#8%;<18)<4%
4
%
37'6'% 67#:% $7'% 6$)*=)8=% !.*#@3.0'$)*% 8)*B'% #>% >1*"$.#*6% SVW<O'8% XYZZU4%
37'+%>1*"$.#*%)6%)%*#/.*)<.P'86%)*=%/)8E'86%#>%8'<)$.O'%"<)16'6F%%
*6,
%
%
*89,
%
%
*88,
%
%
*8;,
%
%
*8<,
%
%
74"'ȓ. -%&'"$"(&.
.
C@M[\% "##E!"#[3@HIJ
5:7)$%C%"##E'=92%5/+%"##E.*B9%
74"'ȓ. -%&'"$"(&.
3$. .
C@M[\% "##E!"#[3@HIJ% /')$%
5$7'%/')$%:7."7%C%"##E'=9%
74"'ȓ. ':$ʋ'"$ʋ"2%$.
C@M[\% 01+!"#[3@]H4HIJ
5$7'%^<.O.*B_%$7.*B%$7)$%C%0#1B7$9%
74"'ȓ. ':$ʋ'"$ʋ"2%$.
':$ʋ
C@M[\% 01+!"#[3@]H4HIJ% >.67%
5$7'%^<.O'_%>.67%$7)$%C%0#1B7$9%
74"'ȓ. ':$ʋ'"$ʋ"#ċ.
':$ʋ
C@M[\% 01+!"#[3@?(4HIJ% >.67%
5$7'%^<.O'_%>.67'6%$7)$%C%0#1B7$9%
%
Q 4H':)8.% 7)6% 1*='8B#*'% "#*6.='8)0<'% )$$8.$.#*% #>% >.*)<% "#*6#*)*$62% )*=% .*% )% >':% ")6'6% >.*)<%
6+<<)0<'6R% 7#:'O'8% $7'% '8#='=% 6'B/'*$6% )8'% 8'$).*'=% .*% "'8$).*% ")6'% >#8/6% .*% $7'% *#/.*)<%
='"<'*6.#*4% % (&*34,% 7)6% $7'% *#/.*)$.O'% >#8/% (&= 01$% $7'% 6'"#*=% 6+<<)0<'% 618>)"'6% .*% $7'% .88'B1<)8%
<#")$.O'%)*=%)0<)$.O'K.*6$81/'*$)<%>#8/6.(&34.$'>.(&3ċ4
,-
!"#$%&'&($%&)*+$*,+*)-&*$#&($%&)*+&*+.),&/+
#$%&'()*+'*+,%-.,%*'+//01'.2'3%2.-.4%'/+2*-10/-.+2*5'
!"#$
%&ʋ'()&ʋ(*+,
-&ʋ./0%
'
6(,789:7:;<' =./-01%'
'
>6(,?*'=./-01%?'
!"1$
%&ʋ'()&ʋ('2&, 3204&ʋ
'
6(,789:7:;<' @+3'
'
>6(,?*'@+3?'
A+B%4%1C'-$%&'(1%'2+-'+D).3(-+1&5'
!"5$
'
'
%&ʋ'()&ʋ,
3&6&ʋ
6(,789:'
B+,(2'
'>6(,?*'B.E%?'
F-' -012*' +0-C' 2+-' *01=1.*.23)&C' -+' D%' .,=+**.D)%' -+' *=%/.E&' .2' E+1,()' -%1,*' -$%'
=1%/.*%' /[email protected].+2*' 02@%1' B$./$' *+!60$7*%1.%*' ,(1G.23' 4(1.%*H' #$%' ()-%12(-.+2' .*'
@.*/0**%@' (-' )%23-$' D&' IJ)4%1' K"LMMNC' B$+' @%,+2*-1(-%*' (' *%-' +E' *%,(2-./'
/[email protected].+2.23' E(/-+1*' B$./$' /(2' D%' *0D*0,%@' 02@%1' (' 3%2%1()' *-(-%,%2-' -$(-' -$%'
=1%*%2/%'+E'('*+!60$',+1=$%,%'.2@./(-%*'('31%(-%1C'(2@'-$%'(D*%2/%'(')%**%1C'@%31%%'
+E'/+2/%=-0()'.2@%=%2@%2/%'D%-B%%2'-$%'@%=%2@%2-'(2@'-$%'$%(@':OP1%/()).23'('
E02/-.+2())&' *.,.)(1' @.*-.2/-.+2' .2' Q($0' D%-B%%2' R787E0))S' (2@' R787)%**S' 3%2.-.4%'
/+2*-10/-.+2*H'F'/(22+-'$%1%'%2-%1'.2-+'-$%'.2-%1%*-.23'T0%*-.+2'+E'-$%'1%)(-.+2*$.='
D%-B%%2' -$.*' *&*-%,' (2@' -$%' Q($0' =$%2+,%2+2C' .2' B$./$' -$%' 2+,.2().U%1' $(*'
(==(1%2-)&' *.,=)&' 1%=)(/%@' (2' +)@%1' 3%2.-.4%' E+1,H' V0-' -$%' E(/-*' +E' -$%' :%B(1.'
3%2.-.4%'/+2*-10/-.+2'(1%'1%)%4(2-'-+'-$%'=1+D)%,'+E'-$%'+1.3.2*'+E'-$%'.22+4(-.4%'
2+,.2().U(-.+271%)(-.4.U(-.+2'*&*-%,C'-+'B$./$'B%'B.))'1%-012'.2'*%/-.+2'WHWH'
!"#$%&'($)*+$),-(./$0*$12),)$304(/)*$
F2' /+2-1(*-' -+' -$%' *.,=)./.-&' +E' -$%' 1%)(-.4%' /+2*-10/-.+2' .2' Q($0' (2@' X)(**./()'
#.D%-(2C'*=+G%2'Q$(*('#.D%-(2'$(*'(2'020*0())&'/+,=)%Y'*&*-%,'+E'1%)(-.4.U(-.+2'
K<(U(0@+2' "LMZC' [%Q(2/%&' "LLLNH' #$%1%' (1%' E+01' @.*-.2/-' 1%)(-.4%' ,(1G%1*C' -$%'
/$+./%'D%.23'@%-%1,.2%@'D&'-$%'*%,(2-./'1+)%'+E'-$%'$%(@':O'.2'-$%'1%)(-.4%'/)(0*%C'
(2@'-+'*+,%'%Y-%2-'()*+'D&'-$%'-.,%'1%E%1%2/%'+E'-$%'1%)(-.4%'/)(0*%H'#$%'E+01'.2'
Q$(*(' (1%' '32&9' E+1' (/-+1C' .&' )+/(-.4%\@(-.4%C' (2@' -$%' @%E(0)-' 2+,.2().U%1*' )&*C
0*%@'E+1'=(-.%2-*'(2@'.2*-10,%2-*'.2'2+27=%1E%/-.4%'1%)(-.4%'/)(0*%*C'(2@':&C'0*%@'
.2' =%1E%/-.4%' 1%)(-.4%' /)(0*%*' B$%2' -$%' $%(@' 2+02' .*' 2+-' -$%' (/-+1H' ]))' E+01' (1%'
/)%(1)&' 2+,.2().U%1*C' +//011.23' .2' -$%' =1+@0/-.4%' @%1.4(-.+2' +E' 2+02*' ).G%'
9);<'32&9'>D0&%1?C'9);<)&*'>3++@*C'*-0EE'-+'D0&?H'^.-$'())'D0-''32&9'-$%'1%)(-.4%'
/)(0*%'.*'+1',(&'D%'()*+',(1G%@'(*'3%2.-.4%'K*%%'[%Q(2/%&'"LLLNH'
'
#$%' .2$%1.-%@' X)(**./()' #.D%-(2' /+2*-10/-.+2' B.-$' (:&' _' 3%2.-.4%' /(2' D%'
0*%@' .2' Q$(*(' +2)&' .2' 1%)(-.4%' /)(0*%*' B.-$' =%1E%/-.4%' -.,%' 1%E%1%2/%' B$%1%' -$%'
!"
!"#$$%&'()*"'+
.')/%*#0*%12%"#3'4'3'*$1)5%61$.%)%*#*7)"$#3%89%1*%$.'%3'5)$1:'%"5)02';%)2%1*<%
!"#$
%
%
%&'()*
+),-(.,(/0*
)1,2* .&,320*
.'7=>?% @155A9BC78DE7?=8% $1F'3% $.)$%
HI.)$%12%$.'%$1F'3%6.1".%.'%@155'/JK%
45-*
G'%
L#MN)3'%%&'()*+),-(.,%H6.)$%.'%@155'/K;%)2%1*<%
!"6$
%&'()*
+),-(.,*
)1,2* 45-*
%
.'7=>?% @15578DE% $1F'3% G'%
%
HO.)$%.'%@155'/%12%)%$1F'3JK%
P4% $.'% 3'5)$1:'% "5)02'% .)2% #$.'3% $.)*% N'34'"$1:'% 3'4'3'*"';% )% /144'3'*$% *#M1*)51Q'3%
M02$%G'%02'/R%61$.%N)$1'*$%.')/%*#0*%$.12%12%37,2<
!"8$
%
%
%&'()*
2)'-37,2(20*
)1,2*
.'7=>?% @155SBI78DE7?=8% $1F'3%
H$.'%$1F'3%$.)$%.'%6155%@155JK%
AI.12% )2N'"$0)5% /12$1*"$1#*% )52#% ".)3)"$'31Q'2% $.'% 02'% #4% (.,% )*/% 37,2% )2%
*#M1*)51Q'32R%2''%?#5/2$'1*%TUVWCJ%
%
O.'*%$.'%89%.')/%12%"#3'4'3'*$1)5%61$.%$.'%)"$#3%#4%$.'%3'5)$1:'%"5)02';%$.'%
3'5)$1:'%"5)02'%12%M)3@'/%61$.%$.'%)F'*$1:'%*#M1*)51Q'3%39%&,:;%61$.#0$%F'*1$1:'%
M)3@1*F<%
!;<$
%
)1,2* 2)'-39%&,:* 90*
$1F'3% @15578DE%
M)*%
H$.'%M)*%6.#%@155'/S@1552S6155%@155%$.'%$1F'3JK%
A"4J )1,2*2)'-39%&,:%H#*'%6.#%@155'/%$.'%$1F'3;%$1F'37@155'3KCJ%
%
(#")$1:';% /)$1:';% )*/% G'*'4)"$1:'% *#M1*)51Q)$1#*2% )*/% "#33'2N#*/1*F%
3'5)$1:'%"5)02'2%)3'%4#3M'/%61$.%3),<
!;"$
%
%
%&'* )-'-3),(/0*
%&,:23.,*
.'%
2$)+78DE7?=8% .#02'%
H$.'%.#02'%6.'3'%.'%51:'2JK%
A"4J %&'*)-'-3),%HA$.'%N5)"'C%6.'3'%.'%51:'2KCJ%
!;;$
%
%
!;=$
,-
:2,()* -5+* ).4'-3),(/0*
90*
P7=>?% G##@% F1:'78DE7?=8% N'32#*%
H$.'%N'32#*%6.#%P%F):'%$.'%G##@%$#JK%
:2,()* %&,3>,2* +?'3),(/0*
90*
!"#$%&'&($%&)*+$*,+*)-&*$#&($%&)*+&*+.),&/+
#
#
,**-%./0%(&.# 1234*5#
$%&'(# )**+#
6782#1234*5#98*#$#,**-2+#)**+#)*3:;#
<782#5*=>5?@>A23#!"##32BC>324#782#>=123)2,7>D2#472=E#782#324C@7>5F#32@?7>D2#,@?C42#>4#
52C73?@#?4#7*#7>=2#32)2325,2G:#
!"#$%&'()$*+,-.(/+$),-01+1$(2$'(-)3*&2()$4+*14+).(/+$
!"5$6-7-28()$
H82# H?=?5F>,# @?5FC?F24# 32)@2,7# =>5*3# D?3>?7>*54# *5# 98?7# =C47# *3>F>5?@@I# 8?D2#
J225# 2K?,7@I# 782# L@?44>,?@# H>J27?5# 1?77235:# H8232# >4# *52# 32@?7>D2# ,*5473C,7>*5M#
>5+>))23257#7*#,?42#*3#72542N?412,7M#JC>@7#9>78#?#32)@2K#*)#782#!"#$#5*=>5?@>A23:#H82#
*52#+>))2325,2#>4#78?7#>5#=?5I#*)#78242#@?5FC?F24#782#5*=>5?@>A2+#,@?C42#?112?34#
1325*=>5?@@I# ?4# ?# 32@?7>D2# ,@?C42# 9>78# 5*# 73?,2# *)# F25>7>D2# =?3->5F:# H8>4# >4# 782#
,?42M#)*3#2K?=1@2M#>5#H8?-?@>#<(2*3F#OPP!GQ#
#
#
#
$%"&%'( ")*+,#(
-.*
5?7>*5# ,32?72%./0# 1234*5#
6)*C5+23#*)#?#5?7>*5;#
/.*+"0(
&12Ĭ3+,#(
/423
R4F%&'(# +3>5-%./0# 9?723#
6782#9?723#78?7#I*C#+3>5-;#
S5+#782#4?=2#4>7C?7>*5#>4#)*C5+#>5#L8?57I?@M#+24,3>J2+#>5#+27?>@#JI#.**5?5#<OPPTG:#
#
UC7#*7823#@?5FC?F24#*)#782#J3?5,8#48*9#782#L@?44>,?@#H>J27?5#1?77235M#*3#?7#
@2?47# 73?,24# *)# >7:# .**5?5# 5*724# 78?7# 782# 32@?7>D2# ,*5473C,7>*5# 9>78# F25>7>D2# >4#
132423D2+#C5,8?5F2+#>5#(C3C5F#<(@*D23#OPTVQPP%OWWGQ#
5367
#
#
53<7
#
#
89+$(
:9+;#(
78>4%X/L# ,*=2:+*95%./0
6782#*52#98*#,?=2#+*95#8232;#
89+$(
:9+;#+0(
-=.(
78>4%X/L# ,*=2:+*95%./0%(&.# 1234*5#
6782#1234*5#98*#,?=2#+*95#8232;#
0?5?5F2#<Y>@+2J3?5+7#7*#?112?3G#422=4#7*#321324257#?#73?54>7>*5?@#47?F2#J279225#
782#*@+23#(C3C5F%7I12#1?77235#?5+#782#F25>7>D2%@244#,*5473C,7>*5#*)#L8?57I?@#?5+#
H8?-?@>:#0?5?5F2#8?4#?#4>5F@2#32@?7>D2#,@?C42#,*5473C,7>*5M#9>78#?#,@?C42#=?3-2+#
9>78 01/#132,2+>5F#782#82?+#5*C5Q#
53>7
#
*
"$Ș
F*?7#
*
3
"0+,Ș
-.!/)
->@@%./0# 1234*5%Z&[
!"
!"#$$%&'()*"'+
%
.$/'%0)*%1/#%2344'5%$/'%6#)$7%
8#1'9':;% 8345'<:)*5$% :'=#:$>% $/)$% $/'% *#03*)43?':@:'4)$393?':% 3>% 3*% )==):'*$% A:''%
9):3)$3#*% 13$/% )% A#:0% !"#;% 13$/% )% :)3>'5% 9#1'4;% 1/3"/% #<93#B>4+% "#::'4)$'>% 13$/%
CB:B*6 !$%!#;%<#$/%"#6*)$'%13$/%$/'%D3<'$)*%6'*3$393?'5%A#:0%!"%!&'E
%
D/B>%)44%#A%$/'%D3<'$)*%)*5%D)0)*63"%4)*6B)6'>%/)9';%#:%")*%<'%>/#1*%$#%
/)9'% /)5;% )% >='"3A3"% :'4)$39'% "4)B>'% >$:B"$B:'F% )% "4)B>'% *#03*)43?'5% 13$/% !"#$;
0):2'5%)>%6'*3$39';%)*5%=:'=#>'5%$#%)%/')5%*#B*;%)*5%1'%")*%')>34+%:'"#*>$:B"$%
$/3>%"#*>$:B"$3#*%A#:%$/'%"#00#*%)*"'>$#:%#A%D3<'$)*%)*5%D)0)*63"E%
!"#$%&'()*&$
D/'% G3:)*$3% 4)*6B)6'>% "#*>3>$'*$4+% >/#1% $/'% $+=3")4% D3<'$#HIB:0)*% )>>#"3)$3#*%
<'$1''*% *#03*)43?)$3#*% )*5% :'4)$393?)$3#*E% 8#1'9':;% $/'% )"$B)4% 0#:=/'0'>%
3*9#49'5;%)*5%$/'%$+='>%#A%53>$3*"$3#*%A#B*5%3*%$/'%>+>$'0;%>/#1%)%A)3:%)0#B*$%#A%
9):3)$3#*% A:#0% #*'% 4)*6B)6'% $#% $/'% *'J$E% !#0'% 4)*6B)6'>% >/#1% )% 53>$3*"$3#*% #A%
*B0<':E%K*%L$/=):'%MN<':$%OPPQ)R%:'4)$39'%"4)B>'>%):'%A#:0'5%A:#0%'3$/':%)%A3*3$'%
#:%*#*HA3*3$'%9':<%A#:0%=4B>%#*'%#A%$/'%*#03*)43?':>%!(%%.>3*6B4):7%)*5%!)%%.=4B:)47E%
D/'% 4)$$':% 0B>$% "':$)3*4+% <'% :'4)$'5% $#% $/'% =4B:)4% )6:''0'*$% >BAA3J% !)%% 1/3"/%
#""B:>% 3*% $/'% *'6)$39'% )*5% =:#6:'>>39'% =):)5360>% #A% L$/=):'% M)*5;% >#0'$30'>%
:'>$:3"$'5%$#%O>$%=':>#*%=4B:)4%#:%3*"4B>39';%3*%)%*B0<':%#A%#$/':%G3:)*$3%4)*6B)6'>RE%
!3*"'% 3$% 5#'>% *#$% #""B:% 3*% )% *#03*)43?3*6% AB*"$3#*% 3*% "4#>'4+% :'4)$'5% 4)*6B)6'>;%
)*5% /)>% )% :')5+% 4)*6B)6'H3*$':*)4% '$+0#4#6+;% 1'% ")*% $)2'% $/3>% 53>$3*"$3#*% 3*%
L$/=):'%$#%<'%)%SB3$'%:'"'*$%5'9'4#=0'*$E%
%
T'%5#%A3*5%"4'):%)$$'>$)$3#*%3*%>'9':)4%4)*6B)6'>%#A%$/3>%<:)*"/%#A%$/'%!"#$
"#*>$:B"$3#*;%1/3"/%3>%$/B>%>/#1*%$#%<'%#A%)$%4')>$%U:#$#HI#53"%=:#9'*3'*"'E%L$%)%
64)*"';%3$%>''0>% $/)$% $/3>% 3>% $/'% #*4+% 0#:=/'0'%1/3"/%")*%<'%:'"#*>$:B"$'5%3*%)%
:'4)$393?3*6% AB*"$3#*% A#:% U:#$#HG3:)*$3;% )4$/#B6/% >#0'% >B66'>$39'% >3034):3$3'>%
)0#*6% #$/':% A#:0>% 036/$% $B:*% #B$;% 13$/% 0#:'% "#0=:'/'*>39'% 5)$)% A:#0% $/3>%
<:)*"/;% $#% >/#1% $/)$% >#0'% 3**#9)$3#*% A:#0% $/'% >30=4'% U:#$#HI#53"% >+>$'0% /)5%
)4:')5+% <'6B*% ):#B*5% U:#$#HG3:)*$3% $30'>E% T'% 1344% 4##2% /':'% )$% #*4+% $1#%
)553$3#*)4%G3:)*$3%4)*6B)6'>;%!B*1):%)*5%D/B4B*6E%
%
!B*1):% /)>% $1#% :'4)$39'% "4)B>'% 0):2':>;% $/'% A)0343):% !$%% )*5% !*+;% <#$/%
<)>3")44+% *#03*)43?':>E% MD/'% !$%% A#:0% 3>% 35'*$3")4% $#% $/'% *#*"#$>$% V:5% =':>#*%
>3*6B4):% A#:0% M&'()*"'+% OPPW)R;% 3*"4B53*6% $/'% *#*"#$>$% >$'0% )B60'*$RE% L>% 3*%
X'*$:)4%D3<'$)*;%$/'%!B*1):%:'4)$39'%A#:0)$3#*%3>%>'*>3$39'%$#%$/'%)>='"$%#A%$/'%YX%
)*5% $#% $/'% 6:)00)$3")4% :#4'% #A% $/'% /')5% ZUE% [#:% :'4)$393?)$3#*% #A% )*% 3*$:)*>3$39'%
>B<\'"$; !$%%$'*5>%$#%#""B:%3*%=':A'"$39';%)*5%!*+%3*%30=':A'"$39';%:'4)$39'>F%
,-./
%
%
,-
Ĭ0ɓ!$%
ɓ%1
":+HZ]^% "/345%
."/345%1/#%":3'57%
!"#$%&'&($%&)*+$*,+*)-&*$#&($%&)*+&*+.),&/+
!"#$
#
#
Ĭ%ɓ&'(
ɓ)*
$%&'()*# $+,-.#
/0+1#$+,-.#2+3#,4#$%&,567#
832191%:#2+,-1#0+1#%140%,$0,35#3;#&'(#,5#,50%<54,0,91#$-<=414#411>4#03#?1#$354,40150:#
&+)#$<5#3$$=%#,5#535'@1%;1$0,91#<4#21--#<4#@1%;1$0,91#%1-<0,914A#
!",$
#
#
-*).&+)/
012/
63'()*# @1%435#
/0+1#@1%435#2+3#2,--#637#
B3%#0%<54,0,91#$-<=414:#0+1#?<4,$#4&401>#,4#0+<0#01$#;3%>4#4=?C1$0#%1-<0,91#$-<=414:#
<5. 02)#535'4=?C1$0:#,%%14@1$0,91#3;#01541D<4@1$0A#
!34$
#
#
!3=$
#
#
!3"$
#
#
ɓ)*&5)*/
56789:/ 5;<&+)/
012/
$+,-.'EFG# $<5.&# 6,91'()*# @1%435#
/0+1#@1%435#2+3#6<91#0+1#$+,-.#$<5.&7#
ɓ)/
56789:/ 5;<&'(/
ɓ)*
H%.I)JJ# $<5.&# 6,91'()*# $+,-.#
/0+1#$+,-.#2+3#4D+1#6<91#$<5.&#037#
ɓ)
ɓ)*&5)*/
5;<&'(/
56789:/ /
H%.I)JJ# $+,-.'EFG# 6,91'()*# $<5.&#
/0+1#$<5.&#2+,$+#4D+1#6<91#03#0+1#$+,-.7#
K5# 0+1# 535'4=?C1$0# '('%1-<0,91# 3;# <# 0%<54,0,91# $-<=41:# 0+1# <$03%# ,4# ,5.1L1.# ?&# <#
@344144,91#@%353>,5<-#@%1;,LM#G+141#<%1#@%3$-,0,$#03#0+1#$-<=41#N530#0+1#91%?OA#D>&
?1@&'(D# /0+1# 351# 2+3# K# +,07:# D:&?1@&'(3# /0+1# 351# 2+3# &3=# N46MO# +,07M# J,5$1# 0+1#
@344144,91# $-,0,$# <00<$+14# 03# 0+1# $-<=41:# 530# 0+1# 91%?:# ,0# $<5# $-,0,$,P1# 03# 0+1# 91%?#
35-&#2+15#0+1%1#,4#53#,501%915,56#3?C1$0#(I#N411#1LLM#HQ'HROM#
#
K5#G+=-=56#NS<+<=443,4#RTTRO:#;,5,01#$-<=414#$<5#?1#53>,5<-,P1.:#<5.#=41.#
<4# %1-<0,91# $-<=414:# ?&# 023# 4=;;,L14:# &0# <5.# &0:0M# F-0+3=6+# 0+1# .,40%,?=0,35# 3;#
0+141# ,5# 0+1# >3.1%5# -<56=<61# ,4# @<%0-&# @+353-36,$<--&# $35.,0,351.:# S<+<=443,4#
%1$3540%=$04#<5#1<%-,1%#40<61#,5#2+,$+#0+1&#$350%<401.#,5#<4@1$0=<-#%1;1%15$1:#2,0+#&
0# ;3%>,56# @1%;1$0,91:# <5.# &0:0# ,>@1%;1$0,91:# %1-<0,91# $-<=414M# U30+# 3;# 0+141#
<@@1<%#03#?1#.1%,91.#43>1+32#;%3>#0+1#$1%0<,5-&#3-.1%#V@<%0,$,@,<-W#&0)M
#
);# .11@1%# +,403%,$<-# ,501%140# ,4# 0+1#V@<%0,$,@,<-W# $3540%=$0,35:# 2,0+# <# 535'
;,5,01#91%?#<5.#351#3;#023#%1-<0,9,P1%4A#&0)#;3%#@1%;1$0,91#<5.#&@)#;3%#,>@1%;1$0,91#
%1-<0,91#$-<=414M#G+,4#&@)#,4#3=%#;<>,-,<%#X!"##$3540%=$0,35A#
!33$
#
#
8<0/ +)8<&@)/
)&*1)5/
+3=41# ><Y1'()*# Q40'&3=561%M?%30+1%#
/>&#?%30+1%#2+3#?=,-.4#+3=4147#
!"
!"#$$%&'()*"'+
-./0% $1#21)+% 3/0$/*"$/#*4% 5)0'3% #*% )06'"$4% /0% 0/7/8)9% $#% 1.)$% 1'% #50'9:'3% /*%
!;*1)9% </=*#9/*=% $.'% '>>'"$% #>% 0;5?'"$.##3% /*% !;*1)9@4% 1/$.% $1#% 0/=*/>/")*$%
3/>>'9'*"'0A$.'% )06'"$;)8% #9/'*$)$/#*% #>% $.'% !"#$% >#974% )*3% $.'% /3'*$/$+% #>% $.'%
>#97% 1./".% "#*$9)0$0% 1/$.% /$B% C#$.% 3/>>'9'*"'0% 1#;83% 9'D;/9'% 0#7'1.)$%
/7)=/*)$/:'% 'E68)*)$/#*% />% 1'% 1'9'% $#% $9+% $#% )0"9/5'% $.'% )06'"$;)8% 3/0$/*"$/#*% $#%
$.'%"#77#*%)*"'0$#9%#>%$.'%$1#%8)*=;)='04%5;$%7)F'%6'9>'"$%0'*0'%/>%1'%)00;7'%
$.)$% G9#$#2H/9)*$/% .)3% #*8+% $.'% !"#$% "#*0$9;"$/#*4% /*3/>>'9'*$% $#% )06'"$4% )*3% $.)$%
$.'%$1#%8)*=;)='0%8)$'9%/*3'6'*3'*$8+%<#9%6'9.)60%)0%6)9$%#>%)*%)9')8%$'*3'*"+%$#%
1./".% 5#$.% 1'9'% 0;5?'"$@% /**#:)$'3% )*% )06'"$;)8% 3/0$/*"$/#*B% I)".% 1#;83% $.'*%
.):'% /**#:)$'3% )% *'1% 9'8)$/:/J'9% /*% #*'% #9% $.'% #$.'9% )06'"$;)8% ")$'=#9+4% 8'):/*=%
$.'%#9/=/*)8%!"#$%>#97%/*%$.'%#$.'9B%-.'%>)"$%$.)$4%/*%!;*1)94%$.'%;0'%#>%!"#%/0%7#9'%
"8')98+% 3'>/*'3% )*3% 9'0$9/"$'3% $.)*% $.)$% #>% !$%% /0% 6'9>'"$8+% "#*0/0$'*$% 1/$.% $./0%
0"'*)9/#B
%
K#1':'94% 1./8'% L% 0''% *#% ':/3'*$% C#3/"% '$+7#8#=+% >#9% !;*1)9% !"#4% $.'%
)8$'9*)$'%-.;8;*=%>#97%7)+%5'%8'00%7+0$'9/#;0B%M*%)8$'9*)$/#*%5'$1''*%!&%%)*3%!
'%% /*% $.'% >#97)$/#*% #>% 7#3/>+/*=% "#*0$9;"$/#*0% /77'3/)$'8+% 59/*=0% $#% 7/*3% $.'%
-/5'$)*% N='*3'9O% 0;>>/E'04% /*% 6)9$/";8)9% $.'/9% ;0'% 1/$.% )3?'"$/:'0B% M*34% /*3''34%
-.;8;*= !'%%#"";90%/*%)%6)0$%6)9$/"/6/)8%"#*0$9;"$/#*%1./".%8##F0%:'9+%7;".%8/F'%
$.'%-/5'$)*%)3?'"$/:)8%"#*0$9;"$/#*P%
()*+
%
%
,-#,!'%.
/%'.
"##F2QRS%
9/"'%
T"##F'3%9/"'U%
-.'%)66)9'*$%9')*)8+0/0%#>%)*%#66#0/$/#*%1./".%#9/=/*)88+%7)9F'3%='*3'9%/*$#%#*'%
9'>8'"$/*=%)06'"$%/0%)%5/$%7+0$'9/#;04%5;$%'E)768'0%8/F'%<VW@%7)F'%$.'%"#76)9/0#*%
#>%-.;8;*=%!'%%1/$.%/$0%(/75;%)*3%-/5'$)*%9'0'758)*$0%;*):#/3)58'B%
!"!#$%&#'&(&)*+,&-.#*/#0--*(1.0(&#232.&,2#
X'%.):'%0''*4%':'*%/*%$./0%0;6'9>/"/)8%0;9:'+%#>%)%.)*3>;8%#>%8)*=;)='04%$.)$%$.'9'%
/0% 0;50$)*$/)8% :)9/)$/#*% )7#*=% C#3/"% 8)*=;)='0% /*% $.'/9% 9'8)$/:/J)$/#*% 0+0$'70B%
R*'%$./*=%1./".%3#'0%*#$%:)9+%/0%$.'%"8#0'%9'8)$/#*0./6%5'$1''*%9'8)$/:/J)$/#*%)*3%
*#7/*)8/J)$/#*B% X./8'% $.'% 3/0$/*"$/#*0% '*"#3'3% 5+% $.'% 3/>>'9'*$% *#7/*)8/J'90% /*%
Q'1)9/%)*3%-/5'$)*%)9'%D;/$'%3/0$/*"$4%$.'%'E/0$'*"'%/*%5#$.%8)*=;)='0%#>%0':'9)8%
7#96.'7'0% 1/$.% 'E)"$8+% $.'% 0)7'% 0'$% #>% >;*"$/#*0% >;9$.'9% 3'7#*0$9)$'0% $.)$% $.'%
#:'98)6%#>%$.'0'%)66)9'*$8+%3/0$/*"$%>;*"$/#*0%/0%*#$%)""/3'*$)84%5;$%/*$'=9)8%$#%$.'%
=9)77)9% #>% $.'% 8)*=;)='B% R*% $.'% 5)0/0% #>% 0;".% 3)$)% 1'% ")*% )9=;'% $.)$% $.'%
*#7/*)8/J)$/#*%>;*"$/#*%/0%".9#*#8#=/")88+%)*3%0+0$'7/")88+%69/#9%$#%9'8)$/:/J)$/#*4%
1./".%/0%7'9'8+%#*'%06'"/)8/J'3%>;*"$/#*%#>%*#7/*)8/J)$/#*B%
%
X'%.):'%0''*%"#76)9)$/:'%3)$)%3'7#*0$9)$/*=%$.'%9'8)$/:'%9'"'*"+%#>%$.'%
7#3'9*% H)$.7)*3;% Q'1)9/% )*3% (.)0)% -/5'$)*% *#7/*)8/J)$/#*29'8)$/:/J)$/#*%
,,
!"#$%&'&($%&)*+$*,+*)-&*$#&($%&)*+&*+.),&/+
#$#%&'#()* +,-+./#0,-* 120+23* 0-4&&43* #&&'#* 5)06.$* +.&)6* ,-* #0'7.&* 0-#7&+%0,-8*
9,6* :,%2* ,5* %2&#&* .)-;/);&#3* 4,+/'&-%)6$* 20#%,60+).* &<04&-+&* 5/6%2&6* +,-506'#*
%20#*+,-+./#0,-3*#2,10-;*%2&*4&<&.,7'&-%*,5*.&=0+).*-,/-#*0-%,*-&1*-,'0-).0>&6#3*
120+2* %2&-* ?/0+@.$* :&;0-* %,* #2,1* /7* )#* 6&.)%0<&* +.)/#&* +,-#%6/+%0,-#8* A2&* 4)%)*
56,'*:,%2*.)-;/);&#*+,-#%0%/%&*#%6,-;*&<04&-+&*%2)%*%2&6&*0#*)*760-+07.&4*:)#0#*%,*
%2&*-,'0-).0>)%0,-B6&.)%0<0>)%0,-*#$-+6&%0#'3*#0-+&*1&*#&&*-&1*-,'0-).0>&6#*:&0-;*
?/0+@.$*)-4*+,-#0#%&-%.$*/#&4*)#*6&.)%0<0>&6#8*
*
C.)##0+).* A0:&%)-* 2)#* #&')-%0+)..$* ',6&* #7&+050+* -,'0-).0>&6#* %2)-* !"#3
,-&* ,5* 120+2* 0#* %2&* );&-%0<&* -,'0-).0>&6* $%&'#(* 120+2* 0#* %2&* D2)#)* );&-%0<&*
-,'0-).0>&6E6&.)%0<0>&68* F++,640-;* %,* GH#+2@&* IJKKJL* +58* M&$&6* JNNOP3* 0-* &)6.0&6*
%&=%#*%20#*2)#*)*+.&)6.$*4&60<)%0,-).*5/-+%0,-3*,++/660-;*10%2*:,%2*-,/-#*)-4*<&6:#*
%,*76,4/+&*0%&'#*.0@&*)'*(+$%&'#(*Q+)67&-%&6*I)'*(+*Q1,,4RP3*120.&*0-*.)%&6*%&=%#*0%*
0#*/#&4*76,4/+%0<&.$*%,*-,'0-).0>&*+.)/#&#3*)#*0-*GH#+2@&R#*&=)'7.&S*
,-./
*
*
(+#!0*1 23$%41
5646!%&'#(1
TBUVW* 4)/;2%&6* 4&#06&BWXY
Q#/+2*)#*)6&*+,/6%0-;*'$*4)/;2%&6R*
GH#+2@&* ;0<&#* %2&* ,.4&6* .&=0+).* #&-#&* ,5* %&'#(* )#* Q,-&* 12,* @-,1#* )* %20-;*
%2,6,/;2.$3*')@0-;*)*%6)4&*,6*76,5&##0,-*,5*0%RL*%2&*#%&'*,++/6#*).#,*0-*%2&*-,/-*
%&'#($"4* Q+.&60+).* %&)+2&63* 76,5&##,63* 4,+%,6* ,5* 40<0-0%$3* )::,%R3* )-4* 0#*
&%$',.,;0+)..$* 6&.)%&4* %,* %2&* )4Z&+%0<&* %&'#)$"#* Q#@0..&43* #@0..5/.R8* A2/#* %2&*
&)6.0&#%* -,'0-).0>0-;* 5/-+%0,-* ,5* %2&* ',672&'&* 0#* )* .&=0+).* ,-&* )-).,;,/#* %,*
V-;.0#2 !*)7*,6*%2&*!89*,5*'#77893 78#:'89L*%2&*',6&*;&-&6).*5/-+%0,-#*,5*);&-%*I)-4*
.)%&6*#/:Z&+%3*#&&*:&.,1P*-,'0-).0>)%0,-*4&<&.,7&4*6&.)%0<&.$*6&+&-%.$8*
*
A2&*,60;0-*,5*)#*0#*#0'0.)68*A2&*,60;0-).*5/-+%0,-*,5*)#*0#*)#*)*-,/-*'&)-0-;*
Q&)6%23* ;6,/-4R3* 10%2* )* #&+,-4)6$* #&-#&* ,5* Q7.)+&R3* )%%&#%&4* 0-* 4&60<)%0,-).*
-,'0-).0>)%0,-#* #/+2* )#* ;46!)#* Q7.)+&* ,5* 6&#04&-+&R* I+78* )646!)#* 0-* IOJP* ):,<&P8*
A2&* 4&<&.,7'&-%* 0#* %2/#* 7)6)..&.* %,* %2)%* ,5* %&'#(3* 56,'* )* 4&60<)%0,-).* 5/-+%0,-*
10%2* #7&+050+* #&')-%0+* +,-%&-%* %,* )* #&')-%0+)..$* :.&)+2&4* ;&-&6).* -,'0-).0>0-;3*
)-4*2&-+&*6&.)%0<0>0-;3*5/-+%0,-8*
*
T-* %2&* +)#&* ,5* [)%2')-4/* W&1)603* [\.<&6* IJN""P* 0-5&6#* )* I76&#/'):.$*
6)%2&6*#2)..,1P*-,'0-).*,60;0-*5,6*%2&*-,'0-).0>&6#*,-*%2&*:)#0#*,5*%2&*).%&6-)%0,-#*
0-* %2&* ;&-0%0<&* +,-#%6/+%0,-8* ]2&* 7,0-%#* ,/%* %2)%* )* +,'7)60#,-* ,5* %2&* ;&-0%0<&*
+,-#%6/+%0,-*10%2*)-4*10%2,/%*)*+3,<*/*',672&'&*#/;;&#%#*%2)%*%2&#&*',672&'&#*
1&6&* ,60;0-)..$3* )-4* '0;2%* #%0..* :&* )-).$>&4* )#3* -,/-* 2&)4#3* %2/#* &=7.)0-0-;* %2&*
;&-0%0<&* ')6@0-;* ,-* %2&* -,/-* %,* 120+2* %2&$* )6&* #/550=&48* T-4&&43*%'#* #%0..* 2)#3*
:&#04&#*0%#*;6)'')%0+).*/#&#3*)-*0-4&7&-4&-%*5/-+%0,-*)#*)*.&=0+).*-,/-*'&)-0-;*
Q:,4$R8*A20#*2$7,%2&#0#*0#*).#,*+,-#0#%&-%*10%2*%2&*5)+%*%2)%*%2&*+3,<*/*',672&'&#*
0-5.&+%*5,6*+)#&*Z/#%*.0@&*-,/-#*I).:&0%*10%2*#,'&*',672,.,;0+).*066&;/.)60%0&#P*)-4*
%2&* 7)6%0+07)%0,-* ,5* )..* %26&&* ,5* %2&* +3,<*/* ',672&'&#* 0-* %2&* -,'0-).* +.)##050&6*
!"
!"#$$%&'()*"'+
.+.$'/0% 1)232')4'.% 567-78% .9#:.% $9)$% ;*% ()$'% <=)..;")=% >':)2;% $'?$.% :'%
"#//#*=+% @;*A% 2'=)$;4'% "=)B.'.% :;$9% #*=+% )% C)2$;";C;)=% @#2/% #@% $9'% 4'2DE% )*A% *#%
*#/;*)=;F'2%)$%)==G%
!"#$
%
%
%&'()
*&+,-) .-,/)
0-1(
HIJKL% 3;4'% D2;*3MNO!P<Q>RS><P% T':'=%
U$9'%T':'=%:9;"9%H%D2#B39$V%
H*% $9'.'% $'?$.% $9'% "#*TB*"$MA;.TB*"$% #CC#.;$;#*% 51)='% 67-WE% 1)232')4'.% 6776E%
&'()*"'+% 677XD8% ;*% 2'=)$;4'% "=)B.'.% A#'.% *#$% /)2Y% $9'% C'2.#*I#2;'*$'A%
"#*TB*"$MA;.TB*"$%A;.$;*"$;#*E%DB$%"#22'=)$'.%:;$9%)%A;.$;*"$;#*%D'$:''*%.BDT'"$%4.0%
*#*I.BDT'"$%2'=)$;4'%"=)B.'.0%
%
P9B.E%:9;='%:'%")**#$%C2#4;A'%)*%'$+/#=#3+%@#2%'23!4&$E%:'%9)4'%)$%=').$%)%
.9)==#:% '$+/#=#3+% @#2% '5.-E% )*A% .$2B"$B2)=% '4;A'*"'% C#;*$;*3% $#% )% @);2=+% 2'"'*$%
*#/;*)=% #2;3;*% @#2% $9'% '*$;2'% ")$'3#2+0% P9B.% $9'% '=)D#2)$;#*% #@% $9'% *#/;*)=I
2'=)$;4'% .+.$'/% .''/.% $#% 9)4'% ;*4#=4'A% '..'*$;)==+% $9'% .)/'% A;)"92#*;"%
/'"9)*;./.%;*%>':)2;%).%;*%P;D'$)*E%)=$9#B39%$9'%A;2'"$;#*%#@%'=)D#2)$;#*%;.%ZB;$'%
A;@@'2'*$0%P9'%#*'%C2#D='/)$;"%'='/'*$%;*%$9;.%)""#B*$%;.%$9'%C=B2)=%)*;/)$'%@#2/0%
H*% #=A'2% $'?$.% $9;.% ;.% "#*.;.$'*$=+%'6-(&E% :9;"9% 9).% )*% #D4;#B.% [#A;"% '$+/#=#3+G%
#B2%@)/;=;)2%!"#$%*#/;*)=;F'2%C=B.%)%C=B2)=;F;*3%'(&E%"#22'.C#*A;*3%$#%$9'%C=B2)=%(&
@#B*A% ;*% $9'% 4'2D% )32''/'*$% .+.$'/.% #@% D#$9% \'.$% 1;/)=)+;.9% )*A% ];2)*$;%
=)*3B)3'.%5[)B/)*%67^_80%P9;.%;.%C2;/)2;=+%)%X*A%C'2.#*%C=B2)=%@#2/%;*%];2)*$;E%
)*A% $9;.% .''/.% $#% D'% ;$.% #2;3;*)=% .'*.'% 5[)B/)*% 67^_G6`WI68E% DB$% ;*% N)$$)*;% )*A%
#$9'2% :'.$'2*% =)*3B)3'.% ;$% 9).% =#.$% )*+% )..#";)$;#*% :;$9% C'2.#*E% )*A% .#% ;$% "#B=A%
').;=+%9)4'%A#*'%;*%>':)2;0%
!"#$%&'$!"#$$()*+,-.(,/)*$
['*'A;"$% 567^XG7,8% 2'"#*.$2B"$.% )% a4'2D)=% *#B*% 5;*@;*;$;4'8% .B@@;?b% '6-) 7) '*-E% ).%
:'==%).%U3'*A'2V%5.")2'%ZB#$'.%)2'%['*'A;"$V.8%.B@@;?'.%/)."B=;*'%'6-E%@'/;*;*'%'
5-E% @#2% NP[c% 9'% *#$'.% $9'% =;Y'=+% "#**'"$;#*% D'$:''*% $9'% *#/;*)=;F'2% )*A% $9'%
/)."B=;*'% 3'*A'2% .B@@;?0% P9'2'% ;.% *#% A#BD$% $9)$% $9'% <=)..;")=% P;D'$)*%
*#/;*)=;F)$;#*M2'=)$;4;F)$;#*%.+.$'/%")*%D'%)."2;D'A%$#%N2#$#IP;D'$)*0%O.%:'%9)4'%
.''*E% $9'% .)/'% C2'*#/;*)=E% 3'*;$;4'I/)2Y'A% '6-% 2'=)$;4'% "#*.$2B"$;#*% ")*% D'%
2'"#*.$2B"$'A%@#2%N2#$#IP)/)*3;"0%P9B.%:'%")*%"#*@;A'*$=+%2'"#*.$2B"$%$9;.%/B"9%
#@%$9'%<=)..;")=%P;D'$)*%.+.$'/%@#2%N2#$#I[#A;.90%
%
H*%$9)$%=;39$E%;$%;.%;*$'2'.$;*3%$#%*#$'%$9'%2)C;A;$+%:;$9%:9;"9%$9'%.+.$'/%9).%
"9)*3'AE%)*A%A;4'2.;@;'AE%:;$9;*%P;D'$)*0%(##Y;*3%#*=+%)$%<'*$2)=%P;D'$)*E%:'%")*%
.''% ;*% $9'% 4)2;'$+% #@% (9).)% A'."2;D'A% 9'2'% )% 4'2+% ;**#4)$;4'% .+.$'/E% .$;==%
;*"#2C#2)$;*3%$9'%#2;3;*)=%!"#%"#*.$2B"$;#*E%DB$%:;$9%$9'%#4'2)==%.+.$'/%A2).$;")==+%
'?C)*A'A% )*A% '=)D#2)$'A% D+% $9'% ;*"#2C#2)$;#*% #@% .'4'2)=% *':% *#/;*)=;F'2.0%
d2)*"Y'% 567X7G6`,I^8% .$)$'.% $9)$% $9'% aC)2$;";C;)=b% @B*"$;#*% #@% 58.-(% ;.% @#B*A%
,-
!"#$%&'&($%&)*+$*,+*)-&*$#&($%&)*+&*+.),&/+
#$%&#'()*+)!"#$%#&%'#(%,)-.*/.)-01$')2$#/&)3.&)0%*4*+5)06)3.*5)/0+53%1/3*0+)7#/8)30)
#3) $&#53) 3.&) 9:3.) /&+31%(;) <0-&=&%,) *+) >() #'>*33&'$() %#3.&%) 512&%6*/*#$)
#/?1#*+3#+/&)-*3.)3.#3)3&@3)*3)#22&#%5)3.#3)3.&)A$#55*/#$)/0+53%1/3*0+)-*3.)#(%)")*5)
53*$$)2%&'0>*+#+3;)B%0>)3.*5)C)-01$')*+6&%)3.#3)3.&)3%#+5*3*0+)6%0>)3.&)A$#55*/#$)30)
3.&) >0'&%+) D.#5#) 5(53&>) 0//1%%&') -*3.*+) 3.&) 52#+) 06) #) >*$$&++*1>;) E13) 50>&)
A&+3%#$) #+') 03.&%) '*#$&/35) 5&&>) 30) .#=&) >0=&') &=&+) 61%3.&%) *+) 3.*5) 3*>&F) *+)
G5.#+4$#)HI+'=*8)9"""J,)*+)3.&)-&53&%+)A&+3%#$)'*#$&/3)06)K(*%0+4)H<17&%)LMMLJ,)
#+') %&20%3&'$() #$50) *+) 50>&) =#%*&3*&5) 06) D.#5#,) *+,%-) *5) 7&/0>*+4) 3.&) '&6#1$3)
%&$#3*=*N&%,)15&')-*3.013)%&4#%')60%)%0$&)0%)#52&/3,)#+')3.15)%&2$#/*+4)#(%)*+)>053)
06)*35)%&>#*+*+4)61+/3*0+5;)O@3%#20$#3*+4)3.*5)2#3.)06)'&=&$02>&+3,)-&)/#+)&#5*$()
*>#4*+&) #) A&+3%#$) '*#$&/3) 06) 3.&) +&#%) 6131%&) H0%) 3.&) 2%&5&+3,) 60%) 3.#3) >#33&%J,) *+)
-.*/.)-&).#=&)50>&3.*+4)/$05&%)30)3.&)0%*4*+#$)A$#55*/#$)5(53&>,)713)-*3.)3.&)+&-)
60%>)*+,%-)/0>2$&3&$()%&2$#/*+4)3.&)0%*4*+#$)#(%;)P03&)3.#3)*+)P&-#%*)-&)/#+)53*$$)
1+&#%3.)#)%&$*/)06)3.&)0$')#(%)/0+53%1/3*0+)*+)3.&)>0'&%+)5(53&>)H#$3.014.)3.*5)*5)
>#'&) >1/.) &#5*&%) 7() 3.&) &@*53&+/&) 06) 3&@31#$) >#3&%*#$5) '0/1>&+3*+4) #+) &#%$*&%)
53#4&) 06) 3.&) $#+41#4&J,) 713) 3.&) 0=&%#$$) 5(53&>) %&#$$() >153) 7&) 3.014.3) 06) #5)
/0>2$&3&$() *++0=#3*=&,) 5*>2$() %&2$#/*+4) %#3.&%) 3.#+) &$#70%#3*+4) 3.&) 0%*4*+#$)
5*>2$&)2#33&%+;)
)
I+') 3.&) 5#>&) 530%() *5) 30) 7&) 5&&+) *+) K*%#+3*;) O=&%() K*%#+3*) $#+41#4&) 60%)
-.*/.) C) .#=&) 5&&+) '0/1>&+3#3*0+) .#5) #) >0%&) &$#70%#3&) 5(53&>) 3.#+) 3.#3) 06)
A$#55*/#$)G*7&3#+;)<0-&=&%,)3.&)&$#70%#3*0+).#5)3#8&+)2$#/&)*+)'*66&%&+3)'*%&/3*0+5,)
*+=0$=*+4) '*66&%&+3) &3(>#,) *+) 3.&) '*66&%&+3) $#+41#4&5;) Q+) 3.&) 7#5*5) 06) 3.&)
/0>2#%#3*=&)'#3#)50)6#%)#=#*$#7$&)30)>&,)C)/#+)5&&)+0)7#5*5)60%)#33%*713*+4)#+()06)
3.&)#33&53&')&$#70%#3*0+5)&=&+)30)R%030SK*%#+3*,)>1/.)$&55)R%030SE0'*/;)HQ6)/01%5&,)
50>&)06)3.&)&$&>&+35)06)3.&)>0'&%+)5(53&>5,)51/.)#5)3.&)+.#)2%&6*@)*+)D*>71)#+')
3.& #/%) 2$1%#$) *+) I3.2#%&,) /$&#%$() .#') 50>&) 4%#>>#3*/#$) 61+/3*0+) /0+5*'&%#7$()
&#%$*&%) 0+,) 713) 3.&*%) *+/0%20%#3*0+) *+30) 3.&) +0>*+#$*N#3*0+T%&$#3*=*N#3*0+) 5(53&>)
>153)2053'#3&)R%030SK*%#+3*J;)
)
<0-&=&%,)-&)/#+)5&&)6%0>)3.&)D*>71,)U1+-#%,)#+')G.1$1+4)'#3#)3.#3)3.&)#
(%) +0>*+#$*N&%) -#5) 2#%3) 06) 3.&) R%030SK*%#+3*) 5(53&>,) #+',) 5*+/&) *3) *5) 3.&) 0+$()
&3(>0+)*+)3.*5)5>#$$)5#>2$&)-.*/.).#5)#+()/$#*>)30)RK)53#315,)-&)>#()*+6&%,)#3)
$&#53) 2%0=*5*0+#$$(,) 3.#3) RK) *+.&%*3&') #) =&%5*0+) 06) 3.&) R%030SE0'*/) 5(53&>) 71*$3)
&+3*%&$()#%01+')#(%,)#+')3.#3)#$$)#''*3*0+#$)/0>2$&@*3*&5)06)3.&)>0'&%+)5(53&>5)#%&)
5&/0+'#%() '&=&$02>&+35;) G.&) *+6&%&+/&) 3.#3) 3.&) 7#5*/) RK) %&$#3*=&) /0+53%1/3*0+)
-#5)3.&)#(%)/0+53%1/3*0+)*5)7133%&55&')7()3.&)6#/3)3.#3)*+)#$$)06)3.&5&)$#+41#4&5)-&)
6*+') &@#>2$&5) 06) #(%) %&$#3*=&) /$#15&5) -.*/.) &@#/3$() 2#%#$$&$) 50>&) 06) *35)
'*53%*713*0+)*+)A$#55*/#$)G*7&3#+;)E13)&@#/3$()01&/1)15&5)=#%*&5)6%0>)0+&)$#+41#4&)
30)#+03.&%;)C+)D*>71)*3)*5)+0+S517V&/3)%&$#3*=&5,)*+)G.1$1+4)*>2&%6&/3*=&)%&$#3*=&)
/$#15&5W) *+) U1+-#%) 3.&) '*53%*713*0+) 06) #0%) *5) $&55) /$&#%$() '&6*+&') 3.#+) 3.#3) 06) 3.&)
/0+3%#53*+4 #12,) 713) *5) #550/*#3&') -*3.) 2&%6&/3*=&) %&$#3*=&) /$#15&5;) G.&) 07=*015)
*+6&%&+/&) *5) &@#/3$() 3.&) /0+/$15*0+) 3.#3) -&) .#=&) #$%&#'() '%#-+X3.#3) *+) 3.&)
!"
!"#$$%&'()*"'+
"#..#*%)*"'/$#0%#1%$2'/'%3)*45)4'/%$2'%!"#%"#*/$05"$6#*%7)/%5/'8%1#0%)33%96*8/%#1%
0'3)$6:6;)$6#*<% )*8% $2)$% ')"2% 3)*45)4'% 6*86:685)33+% 2)/% 6**#:)$'8% #*'% #0% .#0'%
*'7'0% "#*/$05"$6#*/% 726"2% 2):'% $)9'*% #:'0% #*'% #0% )*#$2'0% =)0$% #1% $2'% #0646*)3%
0)*4'%#1%!"#>
!"#"$"%&"'(
?*8:69<%@069>%ABBB>%!"#$%&'$(&)$**$)>%5*=5C36/2'8%D2>&>%86//'0$)$6#*<%
E*6:'0/6$+%#1%F0'4#*>%
G)"#$<%H)"I5'/>%ABJK>%+)$**$,)-(./(0,120$,%(',002)$,)->%D)06/L%(6C0)606'%
8M?.N06I5'%'$%8MF06'*$>%
OOOOO>%ABJP>%+)$**$,)-(./(0,120$,%(',002)$,)-3(4%.-5(*6)7#6'6&,8/->%D)06/L%
(6C0)606'%8M?.N06I5'%'$%8MF06'*$>%
G)5.)*<%H).'/>%AB,Q>%9)6%6/%"($%.(7)6%6*,%$'(*6)7#6'6&:(,%(!,1-06;</)*$%>
5*=5C36/2'8%D2>&>%86//'0$)$6#*<%E*6:'0/6$+%#1%R)361#0*6)%)$%G'09'3'+>%
G'*'86"$<%D)53>%AB,S>%=,%6;!,1-0$%3(>(?6%"7-?0/">%R).C0684'L%R).C0684'%
E*6:'0/6$+%D0'//>%
G'+'0<%!$'=2)*>%ABBS>%!#-(@'$"",?$'(!,1-0$%('$%&/$&->%?3C)*+L%!$)$'%E*6:'0/6$+%
#1%T'7%U#09%D0'//>%
G6"9'3<%G)3$2)/)0>%ABBB>%T#.6*)36;)$6#*%)*8%1#"5/%6*%/#.'%V60)*$6%3)*45)4'/>%==>%
S,AWBK%6*%U)8):)%)*8%X3#:'0>%
R22)*4$'<%()3*5*4$2)*46>%ABBY>%A,B6(":%0$5>%5*=5C36/2'8%D2>&>%86//'0$)$6#*<%
E*6:'0/6$+%#1%F0'4#*>%
R/#.)%8'%VZ0Z/<%?3'[)*8'0>%APYJ>%>(&)$**$)(6C(0#-(!,1-0$%('$%&/$&-D(,%(
E%&',"#>%R)3"5$$)L%?/6)$6"%!#"6'$+%#1%G'*4)3>%
&'()*"'+<%!"#$$>%ABBA>%\2'%#0646*/%#1%:'0C%/'06)36;)$6#*%6*%]#8'0*%\6C'$)*>%
=0/.,-"(,%(F$%&/$&-%AQ>ALAWSY>%
OOOOO>%ABBS)>%!5*7)0%"#=53)/>%F,%&/,"0,?"(6C(0#-(!,1-06;</)*$%(>)-$%AQLA>YAWYP>%
OOOOO>%ABBSC>%\2'%26/$#06")3%/$)$5/%#1%$2'%"#*^5*"$_86/^5*"$%=)$$'0*%6*%\6C'$#W
G50.)*>%>?0$(F,%&/,"0,?$(G$C%,-%",$%SQLYBWKS>%
OOOOO>%ABBB>%`'3)$6:6;)$6#*%6*%\6C'$)*>%==>%YSAWJB%6*%U)8):)%)*8%X3#:'0>%
@C'0$<%V)0'*>%ABB,>%>(&)$**$)(6C(>0#7$)->%]5*6"2L%(aTRF]%@50#=)>%
b0)*"9'<%?>c>%ABSB>%?88'*8)%$#%Hd/"29'M/%!,1-0$%(+)$**$)>%==>%A-QWK-%6*%
Hd/"29'%ABSB>%
X'*'$$6<%R)0#3>%ABBS>%!'.)*$6"%)*8%40)..)$6")3%")$'4#06'/%#1%0'3)$6:'%"3)5/'%
.#0=2#3#4+%6*%$2'%3)*45)4'/%#1%T'=)3>%=0/.,-"(,%(F$%&/$&-%AK>J-QWJS,>%
OOOOO>%ABBJ>%>(.-"?),70,H-($%.(#,"06),?$'($??6/%0(6C(0#-(I6'$J#$(K-L$),(.,$'-?0>
e]#*5.'*$)%!'06*86")%SJf>%\#9+#L%a*/$6$5$'%1#0%$2'%!$58+%#1%()*45)4'/%)*8%
R53$50'/%#1%?/6)%)*8%?106")>%
X'#04<%!$'1)*>%ABBK>%A$)7#$0$%(!#$J$',3(M%0-)"/?#/%&-%(B/)(=7)$?#-(.-"(
I6)C-"(A$)7#$(,*(N1-)-%(O$',;+$%.$J,;!$'PK-7$'>%e(aTRF]%!$586'/%6*%
?/6)*%(6*456/$6"/%-Sf>%]5*6"2L%(aTRF]%@50#=)>%
X#38/$'6*<%]'3:+*>%AB,Y>%A6.-)%(F,0-)$):(!,1-0$%>%F"">%D)='0/%#1%$2'%g#31'*8'*%
,-
!"#$%&'&($%&)*+$*,+*)-&*$#&($%&)*+&*+.),&/+
#$%&'()*$+*,&-'($./0123+*4&+50&6(&%67*89*:1-3+37*;4<*='+('1*>$1*?6&3+*
#(0@&'67*:+&A'16&()*$>*;BB&+$&69*
C3D+7*E&%D3'B9*"F!G9*0"1234/1+,"2+5#$66&6/1"*+%&3"%&6/1"*+7/12&8%692$/1"9*/$++<*
E&%D3'B*C3D+9*H1'I19*#J&6(3B.K@'+@$1><*;+@&%3*'(*,&-'(&%3*L'1B357*"FFMN9*
C3B'7*?06(&+9*"FOP9*Q'16$+*231R'16<*S&+&('*%$+T0+%(*3+@*@&6T0+%(*A'1-*>$126*&+*
U'J31&9*II9*F8."PM*&+*V9*,13&B7*'@97*:$9"26+&*+7)4%1;<$6%+=6&$*+0&*>4&6%&/6*+$9*
!9*HQ3%&>&%*4&+50&6(&%6*6'1&'6*?7*+$9*8WN9*=3+-'113<*?U:9*
C3151'3A'67*X3A&@9*"FOF9*,D'*2$1ID$6)+(3Y*$>*1'B3(&A'*%B306'6*&+*43('*=B366&%3B*
3+@*Z3(D23+@0*U'J31&9*Q1'6'+('@*3(*(D'*[[+@*;+('1+3(&$+3B*=$+>'1'+%'*$+*
#&+$.,&-'(3+*43+5035'6*3+@*4&+50&6(&%69*
\\\\\9*"FF"9*?1"+/)*/"9%+)8+&*%"*%&)*$#+$/%&)*+&*+%1"+>2$--$2+)8+@$%1-$*,4+
A"B$2&9*QD9X9*@&66'1(3(&$+7*:+&A'16&()*$>*K1'5$+9*
C'11&+57*#063+*=9*"FF"9*U$2&+3B&]3(&$+7*1'B3(&A&]3(&$+7*3+@*3((1&-0(&$+*&+*4$(D37*
?+532&7*3+@*/012'6'9*0?.=*"G9"<88.![9*
C&B@'-13+@(7*Z1&6(&+'9*($*3II'319*?*6R'(%D*5132231*$>*(D'*E3+3+5'*B3+5035'9*&+*
=31$B*^'+'((&7*'@97*?&3"%);.42-$*+#$*>4$>"6+)8+A"9$#C+D$*$*>"+$*,+71"29$9
C0-'17*/1&5&(('9*[PP[9*?1"+0"*,"+643,&$#"/%+)8+@E&2)*>+?&3"%$*C+$+>2$--$%&/$#+
,"6/2&9%&)*+B&%1+1&6%)2&/$#+$**)%$%&)*69*QD9X9*@&66'1(3(&$+7*:+&A'16&(_(*/'1+9*
Z`BA'17*:B1&R'9*"F!!9*U$2&+3B&]3(&$+*3+@*B'Y&%3B&]3(&$+*&+*U'J31&9*?1-'&('+*@'6*
R`B+'1*:+&A'163B&'+.Q1$T'R(67*+$9*WP9*
a_6%DR'7*C9?9*"OO"9*=+?&3"%$*;<*>#&61+,&/%&)*$2E9*4$+@$+<*V$0(B'@5'*3+@*Z'53+*
Q30B9
\\\\\9*"F[F9*?&3"%$*+F2$--$2G+B&%1+$,,"*,$+3E+=HIH+J2$*/5"9*/'1B&+<*b3B('1*@'*
^10)('19*
Z$6D3B7*#3+)0R(39*"F!F9*0$,$51&+>2$--$29*X'BD&<*E$(&B3B*/3+316&@3669*
43D3066$&67*?&2c'9*[PP[9*U$2&+3B&]3(&$+7*1'B3(&A&]3(&$+7*3+@*5'+&(&A&]3(&$+*&+*
,D0B0+59*&+*(D&6*A$B02'9*
E3(&6$>>7*a32'69*"FMF9*L'1-*%$+%3('+3(&$+*&+*43D0<*,D'*6)+(3Y*3+@*6'23+(&%6*$>*
d6&2IB'e*T0Y(3I$6&(&$+9*=/%$+0&*>4&6%&/$+I$8*&"*6$*"[9[<"MF."[P9*
\\\\\9*"F![9*43D0*+$2&+3B&]3(&$+7*1'B3(&A&]3(&$+7*3+@*5'+&(&A&]3(&$+9*II9*[W!.8!*
&+*a9*Z&2-3BB7*'@97*7E*%$K+$*,+7"-$*%&/6+L9*U'J*f$1R<*#'2&+31*Q1'669*
\\\\\9*"F!G9*L'1-*%$+%3('+3(&$+*&+*Z3%D&+9*0&*>4&6%&/6+)8+%1"+?&3"%);.42-$*+
=2"$*"9"<"OM.[P!9*
\\\\\9*"FO89*^$@*3+@*(D'*#&+$.,&-'(3+*%$I0B37*J&(D*6$2'*5$$@*+'J6*%$+%'1+&+5*
6'B'%('@*,&-'($./0123+*1D)2'69*M)42*$#+)8+=6&$*+$*,+=82&/$*+7%4,&"6*[F7".O"9*
\\\\\9*"FF"9*?1'3B*3+@*0+&A'163B*@&2'+6&$+6*$>*513223(&%3B&]3(&$+*&+*43D09*II9*
WOW.G8W*&+*,1305$((*3+@*C'&+'*"FF"9*
E3]30@$+7*E31(&+'9*"F!O9*43*>$123(&$+*@'6*I1$I$6&(&$+6*1'B3(&A'6*'+*(&-c(3&+9*
.4##"%&*+,"+#$+7)/&N%N+,"+0&*>4&6%&O4"+,"+:$2&6*!W9GP".G"G9*
U$$+3+7*E&%D3'B9*"FF!9*L'163(&B'*+$2&+3B&]3(&$+69*<66$E6+)*+#$*>4$>"+84*/%&)*+
$*,+#$*>4$>"+%E9"7*'@9*-)*a$3+*/)-''*'(9*3B97*W!W.WFG9*?26('1@32<*/'+T32&+69*
KR'BB7*a$D+9*"FMF9*=+2"8"2"*/"+>2$--$2+)8+/)##)O4&$#+.42-"6"9*4$+@$+<*KY>$1@*
!"
!"#$$%&'()*"'+
.*/0'12/$+%31'224%
!#'5%6+/*$4%78884%!"#$%&&%$"'(")*$&+,+4%394&4%:/22'1$)$/#*5%.*/0'12/$+%#;%
<1'=#*4
>9?1=##:5%@1)9)A4%78B74%-'.+,"'/".0+"'$1#1/,"'(")*$&+,+"2$+%34".'/+4
C6#*?A'*$)%!'1/*:/")%8D4%>#E+#F%G*2$/$?$'%;#1%$9'%!$?:+%#;%()*=?)='2%)*:%
H?I$?1'2%#;%J2/)%)*:%J;1/")4%
>1)?=#$$5%KI/L)M'$95%)*:%N'1*:%O'/*'5%':24%78874%!55$'%20+,".'"
#$%&&%.12%617%.1'/5%P#I?A'%GG4%39/I):'IQ9/)F%N'*R)A/*24%
S9')$I'+5%T?I/)*4%78B-4%)*$&+,+8"!"#$%&&%.12%6",3+.204%394&4%:/22'1$)$/#*5%
.*/0'12/$+%#;%H)I/;#1*/)%)$%N'1E'I'+4%
%
U):)0)5%U#='*:1)5%)*:%S)11'*%@I#0'15%':24%78884%9'512,"1/"-+5%6+,+"61/#*1,.12,4
V)$9A)*:?F%W#+)I%X'Q)I%J"):'A+4%
!"#$$%&'()*"'+%
&'Q)1$A'*$%#;%(/*=?/2$/"2%
7-8Y%.*/0'12/$+%#;%<1'=#*%
K?='*'5%<W%8,ZY[\7-8Y5%.!J%
:'I)*"'+]:)1E^/*=4?#1'=#*4':?
,-