! "!
#$&%'()%'*+,-/.10230 '% 5467
8 :<9 ;(:<=?>@:6ACBED
,
F :<=C:HGJICKMLONP;(=QACRSAUT AU:WVYXZI-[\GJAUL(:6]^GJAUR_K<GZ`5a7K<R_:<;(K6:<=<bcd+XZAUXfeg;(RSh+:6IC=CRSAid
cjd+XZAUX1klknmol pb"q+GJrGZ;
sut@46
nZ
v F RS:<]^GZ;(;(RwGZ;,]x:6ACIURSKR_=gy(:6z";(:6y&X;,AUL(:=QA{GJAC:=QrGZK<:|XV}Gxz";(RSAU:|~7T"GZ;+AUT(]=€d =€m
AU:<]‚d|AUL(:-KHGZ;(X;(RSKHGZ`"K<XZICIU:6`wGJAURSX;OƒXZI}cT 3XJm„[\XZICRY…Z†‡XˆX`_RST 3Xh|=CKHGZ`wGJI}r(IUXy(T(K6AM‰‹Š
Œ L(R_=]1:6ACIURSKR_=R_; z";(RSAC:<=CR_]1GZ`_`SdŽR_;(y(T(K<:<ydAUL(:ƒ;(X;(=Qd ]x]1:6ACIURSK‰fIU:<`_GJAURSh+:\:<;7m
ACIUXZrd/VYT(;(K6AURSX;"GZ`‘XZIEAUL(:uh+X;Ž’g:<T(]^GZ;(;“:<;AQIUXZrd/XV?y(:6;(=CRSAid/]^GJACIURSK<:<=<Š•”g:<;(K6:
RSAC=xˆ:<X]1:‹ACICd/:‹– r(IC:<=C=C:<=^]1Gn–(R_]1GZ`—T(;(K<:6IQA{GZR_;+Aid+Š˜:™r(IUXh+:šAUL"GJAfAUL(:š]1:‹ACIUR_KR_=
]1X;(XZAUX;(:|T(;(y(:6I=QAUX7K{L"GZ=QACR_KE]^GJr(r"R_;(ˆ=<b›L(Xœ‡:6h+:6IGZ;:‹–(GZ]xr"`_:=CL(Xœ‘=WAUL"GJAWRSAR_=
;(XZAAUL(:WX;(`ždu=CT(K{L F RS]^GZ;(;(RwGZ;]1:6ACICR_KZŠ Œ L(R_=V!GZK6A-RS=IC:<]^GJICŸJGJ"`_:g3:6KHGZT(=C: RS;™AUL(:
r(IUXZGJ"RS`_R_=€AUR_K,KHGZ=Q:ZbACL(:,[)GJIQŸ+Xh7RwGZ;#]1X;(XZAUX;(RSK<RSAid/r(IUXZr3:‹ICAid#K{L"GJI{GZK6AU:6ICR_B<:<=^AUL(:
¡ R_=QL(:6IR_;(VYXZIU]^GJACR_X;7mo]x:6ACIURSKZŠ‘¢£=C=C:<;+AUR_GZ`y(RS¤:6IU:<;(K<:fGJr(r3:<GJIU=gR_;,AUL(:K<T IQhZGJAUT IC:<=jXV
G™K6`wGZ=C=CRSKHGZ`@=QA{GJAC:E=€rGZK<:1GZ;(y&G~T"GZ;AUT(]¥X;(:ZŠ˜:f]^GJŸ+:|GK<X;n¦€:<K6ACT IU:fAUL"GJAjAUL(:
=CKHGZ`_GJIgK<T IChJGJAUT IU: R_=-]xX;(XZAUX;(:Wœ‘RSAUL™IU:<=Qr:<K6AgAUXxACL(:§Q]1XZIU:]1Rž– :<y(¨,ƒ©=QA{GJAURS=QAUR_K<GZ`Y‰
rGJICAUR_GZ`'XZIUy(:6IXVy(:6;(=CRSAURždu]^GJACIURSK<:<=<Š ¡ T ICAUL(:‹IU]1XZIU:Zb œª:W:<=€A{GJ"`_RS=CLšGZ;™R_;(VYXZIU]1GJAUR_X;
R_;(:6~7T"GZ`_RžAidšIU:<=Q:<]"`_R_;(ˆ^AUL(:E«ªI{GZ] :‹9 IQm F GZX^R_;(:<~T"GZ`_RSAid™XV¬K<`wGZ=C=QR_KHGZ`=€A{GJAUR_=€AUR_K<=6Š Œ L(:
R_;(:6~7T"GZ`_RžAidEr(ICXh7R_y(:<=‡GW`_Xœ‡:6I—XT(;(y^VYXZIªAUL(:‘KHGZ;(X;(R_KHGZ`K<XZICIC:<`wGJAURSX;7mo]^GJAQIURž–šƒXV3GZ;
T(;+"RwGZ=C:<y/XZ"=C:6IQhZGJ"`S:‰GZ;(y­RSARS==UGJAUT IUGJAU:<yœ‘L(:<;/G•ƒ©rGJICAUR_GZ`Y‰gXZ"=C:6IChJGJAUR_X;•`S:6h+:<`
GZ;(yšAUL(:WK<XZICIU:6=Qr3X;(y(RS;(ˆ1V!GZ]1R_`žd^XVK<X+GJIC=C:‹moˆZIUGZR_;(:<yO=€A{GJAU:<=‘GJIU: K6X;(=CR_y(:6IC:<y'Š
D“®g;O`_:<Gh+:WVwIUX]¯AUL(: Œ :6KML(;(RSKHGZ`›eg;(RSh+:6IC=CRSAidXV@†‡T(y"GJr3:<=€AHŠ
¢¬mo]^GZRS`±°@L'pp²Z³Jr3:‹AM´jLT(:<`S`wG Šµ"RS;(:6A
!
"$#&%
3
('0Z!
Œ œ‡Xy I{GHœ G“r"R_K‹AUT IU:&XVWAUL(:)GZKUŸ ˆZICXT(;(yXV AUL(RS=rGJr:6IHbgœ‡:&L"GHh+:)ACX]1:<;+AURSX; =CX]1:\V!GZK6AU=
3XZACL\VwICX] =QA{GJACR_=QAURSK<=jGZ;(y]^GJAUL(:<]1GJAUR_KHGZ`'r"L+d =CRSK<=<Š®g;,AUL(:X;(:L"GZ;(y'b3AUL(:6IU:L"GZ=?:<:<;)G1ˆZIU:HGJA
R_;+AU:6IC:<=QA@IU:<K6:<;AC`Sd|R_;AUL(:‡T(=Q:XV"y(Rž¤3:6IU:6;AUR_GZ` ˆ:<X]1:‹ACICdAUXgr(IUXh7R_y(:‡RS;(=CR_ˆL+A¬R_;+AUXg=CX]1:ªr(ICXZ"`_:<]1=XV
r(IUXZGJ"RS`_RSAid1GZ;(y=€A{GJAUR_=€AUR_K<=6Š Œ L(:gRSy(:HGXZIUR_ˆRS;"GJAU:<=ªVwIUX] AUL(:-rGJr3:‹I*)žp,+'GZ;(yG=QAUGZ;(y"GJIUy^IU:<VY:6IU:6;(K<:
R_-= ) ² +„Š Œ L(:?GZ=CRSKgGZ=Qr:<K6AU=‡GJIC:?K<X;+A{GZR_;(:<y^RS;1AUL(:?:HGZ=QR_:6IQm±AUXJm„IC:HGZy^VY:6œ rGZˆ:<=ªX.V )/0+GZ;(y1AUL(:-IC:6h RS:6œ
)!12+ªR_=|=CT(ˆˆ:<=QAC:<y“AUX,AUL(:™GZ]"RSAURSXT(= IU:HGZy(:‹IU=EACX)ˆ:6AEVYT(`S`‡R_;(VYXZIU]^GJACR_X;•GJ3XT A|AUL(:uy(RžIU:<K6AURSX;(=|XV
K<T ICIC:<;A|IU:6=C:HGJIUK{LRS;­AUL(:1z":<`_y/XVR_;(VY:6IC:<;(K<:™GZ;(y“ˆ:<X]x:6ACICd+ŠO®j;•AUL(:^XZAUL(:6I|L"GZ;(y'b¬AUL(:^RSy(:HG,XV
=QA{GJACR_=QAURSKHGZ`‡]^GZ;(RSVYX`_y“GJr(r3:HGJIU:6yŽR_;ACL(:6IU]1Xy d ;"GZ]1RSK<=|GZ=fœ‡:6`_*` )3+GZ;(yACL(:rGJr:64
I ) 0k +R_;(RSACRwGJAU:<y
AUL(:g=QACT(y d^XV'AUL(:?rGJICAURSK<T(`wGJI F R_:<]^GZ;(;(R_GZ;^ˆ:<X]1:6AQICdxœ‘L(R_K{LuR_=ªAUL(:g]1GZR_;^=CT  ¦€:<K6AXV'AUL(:?r(IU:6=C:<;+A
y(R_=QK<T(=C=CRSX;'Š Œ L(:1R_y(:HGORS=:<=C=Q:<;ACRwGZ`_`žd)ACX,T(=C:xAUL(:1]1Gn–(R_]|T(]¥:<;+ACIUXZrd&r(IURS;(K<RSr"`S:1R_; z";(RžAU:<=CRS]^GZ`_`žd
GZ;(y&AUX™GJICIURžh+:xGJA G F R_:6]^GZ;(;(RwGZ;)]1:6ACIURSKZŠNP;)AUL(RS=œGHdAUL(:x]1Gn–(R_]|T(]:6;ACICXZrdr(IURS;(K<RSr"`S:x]^GHd
ˆ:6AjG1ˆ:6X]1:6ACIURSKWRS;AC:6ICr(IU:6AUGJAUR_X;'b'GZ;(yOACL(:R_;(VYXZIU]1GJAUR_X;Oˆ:6X]1:6ACIURSK RSy(:HGZ=?L"GHh+:3:<:<;\GJr(r"`SR_:<yOAUX
]^GZ;+dm±3X7y du=€d =QAU:6]15= )6+„Š
«‡X;AQI{GJICd#AUX/K<`wGZ=Q=CR_KHGZ`?r(ICXZGJ"R_`_RžAid+b‘~T"GZ;AUT(] r(IUXZGJ"RS`_RžAPdŽR_=uT(=C:<y ACX“y(:<=QK6IURS:\ACL(:)]1R m
K6IUXœ‡XZIU`Sy'Š^ƒ©NP;\V!GZK6AHb'AUL(:IUXX]VYXZI~7T"GZ;+AUT(]r(IUXZGJ"R_`SRSAid,RS=`_GJIUˆ:6IHb3:<KHGZT(=C:|AUL(:6IC:xGJIU:]1GZK6IUXJm
=CK<XZr"RSK1~7T"GZ;+AUT(] =Qd =€AU:<]1=<Š ‰“NP;AUL(:x”gRS`S3:‹ICA =€rGZK<:1VYXZIU]^GZ`SR_=C]¥XV‡~T"GZ;AUT(] ]1:<K{L"GZ;(RSK<=G™r"T IU:
=QA{GJAC:XV¬G1=Qd =€AU:<] RS=?y(:<=CK‹IURS:<y,dOG1=QA{GJAU: h+:6K6AUXZ8I 7:9<;3:<`SX;(ˆR_;(ˆxAUXuG1K6X]xr"`_:‹–š”gR_`ž3:6IQA?=QrGZK<:
= Š Œ L(:]x:HGZ;™ƒXZI¬:‹– r:<K6A{GJACR_X;‰2hJGZ`_T(:XVGZ;fXZ"=C:‹IChZGJ"`S<
: >@?@>&A-BDC™ƒ = ‰R_=@AUL(:=CKHGZ`_GJI@r(IUX7y(T(K6A
E >F;G? E 957 >H7:9<;I
ƒPJp I_p‰
Œ L(:‘=QAUGJAUR_=QACR_KHGZ`XZr3:6I{GJACXZI?ƒ©XZI£y(:6;(=CRSAid|]^GJACICRž–‰5XVGj]1Rž– :<y|=QA{GJAU:RS=¬GjrX=CRSAURžh+:K<X]xrGZK6A¬XZr:6I{GJAUXZI
œ‘RSAUL&AQI{GZK<:pŠx˜­:xy(:6;(XZAU:xd K ACL(:x=C:6AXV‡GZ`_`¬=CT(K{L­XZr3:‹I{GJAUXZIU= GZK6AUR_;(ˆ™X;&AUL(:EGZ=CR_Kf”gR_`S:6ICA
=QrGZK<: = Ša7X]1:6AURS]1:<L
= K R_=‘KHGZ`_`S:<yO=QAUGJAU: =QrGZK6:ZŠªNP;,Gx]1R –(:<y™=QA{GJAU*: MNB K AUL(: ]x:HGZ;™hJGZ`_T(:WXV
AUL(:WXZ"=C:6IChJGJ"`_*: > R_=
E >F;G? Π$I MO>
ƒPJp I ²‰
œ‘L(R_K{LO:‹–7AU:<;(y(=-VYXZIC]ET(`_GOƒ€pŠSp‰‹Š
NP;­AUL(:xr(IU:6=C:<;+ArGJr3:6IHbœª:^]1X=QAU`žd&GZ=Q=CT(]1:xAUL"GJA AUL(:1T(;(y(:6IU`žd RS;(ˆ,K<X]xr"`_:M–”gRS`S3:‹ICA=QrGZK<:
= R_=1z";(RžAU:y(R_]1:<;(=QR_X;"GZ`?GZ;(yœ‡:OœIURSACQ
: P VYXZIuRžAU=^y(R_]x:<;(=CR_X;'Š a7X•XZr3:‹I{GJAUXZIU=^X; = ]^GHd3:
IU:6r(IC:<=C:<;+AU:<y­d&]^GJAQIUR_K<:6= GZ;(y­G™=QA{GJAURS=QAUR_K<GZ`@XZr3:6I{GJACXZIK<XZICIC:<=Qr3X;(y(=WAUX,GrX=CRSACRSh+:E=C:<]1RSy(:6z";(RSAU:
]^GJACICRž–/XV?ACI{GZK6:pŠ>—L+d =CRSKHGZ`_`žd+b‡G)z";(RSAC:Oy(R_]1:6;(=CR_X;"GZ`”gR_`ž3:6ICAx=QrGZK<:,GJr(r:HGJIU=<bVYXZI^:M–"GZ]xr"`S:Zb
œ‘L(:<;X;(:y(:HGZ`_=œ‘RSAUL“G=Qr"R_;'Š/®gT I1GZRS] R_=AUX\:<;(y(Xœ¯AUL(:=QA{GJAU:u=QrGZK<:uœ‘RSAUL“G\y(Rž¤3:6IC:<;ACRwGJ"`_:
=QACICT(K6AUT IU:ZŠ v K6AUT"GZ`_`žd+bœ‡:fGJIU:|ˆXR_;(ˆ^AUX=QAUT(y d\G F RS:<]^GZ;(;(RwGZ;\ˆ:<X]1:‹ACICdOX;AUL(:E=QrGZK<S: R XV£GZ`_`
R_;+h+:6ICACRS"`_:y(:<;(=CRžAidš]^GJAQIUR_K<:6=<Š
aA{GJACR_=QAURSKHGZ`GZ;(y,r(IUXZGJ"RS`_RS=QAUR_KRSy(:HGZ=jXVwAU:<;,z";(yAUL(:<RSIgœ‡Gd7=?AUXu~7T"GZ;+AUT(]]1:<K{L"GZ;(RSK<=<b'L(Xœm
:6h+:6I<b AUL(:6dL"Gh+:gAUX|3:WGZy"GJr(AU:<yAUX|y(:<;(=CRžAPd]^GJAQIUR_K<:6=<Š ¡ XZIU]|T(`_G™ƒPpŠ ²‰—XV›AUL(:W:M– r3:6K6A{GJAURSX;uhJGZ`_T(:
GZ;(yAUL(:h+X;’g:<T(]1GZ;(;:<;+ACIUXZrdXV?G)y(:<;(=CRžAid]^GJAQIURž–/GJIC:™AUL(:uz(IU=QAx=CT(K<K<:<=Q=CVYT(`gGZy"GJr(A{GJAURSX;(=<Š
Œ L(: F R_:<]^GZ;(;(R_GZ;š]1:‹ACIUR_Kgœ‡:y(:HGZ`'œ‘RSAUL™R_=ˆRSh+:<;uduAUL(:W”g:<=C=CR_GZ;š]^GJAQIURž–uXV5AUL(:jh+X;š’g:<T(]^GZ;(;
²
!
<: ;+ACIUXZrd+bL(:<;(K6:1RSAWR_==QACIUX;(ˆ`ždIU:<`wGJAC:<y)AUXš:<;AQIUXZrd)]^Gn– R_]1RSBHGJAUR_X; ) ³0+„ŠNiAU= =€AUT(y d&RS=W]xXZAURShJGJAU:<y
d~7T"GZ;+AUT(] =QA{GJAURS=QAURSKHGZ`]1:6KML"GZ;(RSK<=xƒR_;,rGJICAURSK<T(`wGJI<b'`_R_;(:<GJIIC:<=Qr3X;(=Q:EAUL(:6XZICd"‰?GZ=gœ‡:<`S`¬GZ=g~7T"GZ;7m
AUT(] :‹– AU:6;(=CR_X;XVAUL(:y(Rž¤3:6IU:6;AUR_GZ`ˆ:<X]x:6ACIURSKGJr(r(IUX+GZK{L,AUX^K<`wGZ=Q=CR_KHGZ`5r(IUXZGJ"R_`SRSAidšGZ;(y\K6`wGZ=C=CRSKHGZ`
=QA{GJACR_=QAURSK<=<Š Œ L(:jAU:6IC] §QKHGZ;(X;(RSKHGZ`›K<XZICIU:6`wGJAURSX;(¨fRS=XZICIUXœ‡:<yOVwIUX] `_RS;(:HGJIIU:<=QrX;(=C: AUL(:<XZIQd ) +„Š
Œ L(:xrGJr3:‹IR_=XZICˆ+GZ;(R_B<:<y•GZ=WVYX`_`SXœ‘=<Š^NP;•a7:<K6AURSX;/²™œ‡:x=QL(Xœ L(Xœ AUXOK6X;(=QACIUT(K6A|y(Rž¤3:6IC:<;A
R_;(VYXZIC]^GJAUR_X;^~T"GZ;ACRSAURS:<=—d^]1:HGZ;uXV5GZ;uXZr3:6I{GJACXZI‡]1X;(XZAUX;(:gVYT(;(K6ACR_X;'Š jT"GZ=CR mo:<;+ACIUXZr"RS:<=XV ) p0l +
GZ;(y )žp,p +—GJIU:1=QT(]1]^GJIURSB<:<yL(:6IC:x"T AAUL(:1RS]xr3XZIQA{GZ;A =Qr3:6K<RwGZ`}KHGZ=C:^XV 5m„y(RSh+:6ICˆ:<;(K<:<=RS==Qr3:6`_`_:6y
XT AHŠ—«X;(K6:6IU;(R_;(ˆfAUL(: y(:6AUGZR_`_=XV~T"GZ=CRžm„:<;+ACIUXZr"R_:6=<b ) p² +›R_=‘GEIU:6VY:6IU:<;(K<:JŠ
NP;/a7:<K6ACR_X; /šAUL(:1cT 3XJm„[XZIUR—r(IUXy(T(K6A|GJr(r3:<GJIU=GZ= F R_:<]^GZ;(;(R_GZ;]1:6AQIUR_KfR_;(y(T(K<:<y­d&AUL(:
IU:<`_GJAURSh+:j:<;+ACIUXZrdVYT(;(K6AURSX;"GZ`3"T A-X;(:KHGZ;™IC:HGZK{LšRSAVwIUX]¯AUL(:gh+X;™’g:<T(]^GZ;(;:<;AQIUXZrd+b ACX7X(Š Œ L(:
:‹–7r3X;(:<;+AURwGZ`}GZ;(y&G 1;(:frGJIUGZ]1:6AU:6ICR_BHGJAURSX;(=jXV£AUL(:E=QA{GJAU:E=QrGZK<:xGJIU:E:‹– r"`_GZR_;(:<y'Š Œ L(:f]1:6ACICR_K|R_=
:‹–7r"`_R_K6RSAU`žduˆRSh+:<;™R_;™XZAULšK6X7XZIUy(RS;"GJAU:W=€d =QAU:6]1=<Š
Œ L(:W]1GZR_;^IU:<=CT(`žA-XVa7:<K6ACR_X; 1ER_=AUL(:j]1X;(XZAUX;(RSK<RSAid^XV›AUL(:]1:6ACICR_KgT(;(y(:6I-=QAUX7K{L"GZ=QACR_Kj]^GJr m
r"R_;(ˆ=6Š}’gXZAC:ACL"GJA—]1X;(XZACX;(R_K<RžAPdy(:6AU:6IU]xR_;(:<= ¡ R_=CL(:‹I =}R_;(VYXZIU]1GJAUR_X;ER_;fK<`wGZ=C=QR_KHGZ` r(IUXZGJ"RS`_RžAPd+Š v ;
:‹–(GZ]xr"`_:XV›GZ;(XZAUL(:6I‡]xX;(XZAUX;(:-]1:‹ACIUR_KR_=£ˆRSh+:<;'b=CXT(;(R_~T(:<;(:<=C=‡y(X:<=ª;(XZA—L(X`_y^R_;fAUL(:?~7T"GZ;+AUT(]
KHGZ=C:JŠ
Œ L(:—AUXZr"RSK—XV"a7:<K‹AUR_X; 3‘RS=GZ;|GZ;"GZ`SXˆT(:—XV7AUL(:—>£d7ACL"GZˆXZIU:HGZ;WACL(:<XZIU:<] K<X;(K<:6IU;(RS;(ˆjG‘ACIUR_GZ;(ˆ`_:
y(:6AU:‹IU]1R_;(:6y\d\XZICAUL(XˆX;"GZ`:‹–7r3X;(:<;+AUR_GZ`¬GZ;(y)]1R – AUT IC:ˆ:<X7y(:<=QR_K<=<Š >@X=C=CRS"RS`_RžAPdOXV—:‹–7AU:<;(=CRSX;\AUX
GJIC"RžACI{GJICd^h+X;™’g:<T(]^GZ;(;,GZ`Sˆ:6(I{GZ=R_=K<X]1]1:<;+AU:<y'Š
NP;xa7:<K6AURSX;fkg=C:6K6AUR_X;"GZ`b F RSK<K<R±b+GZ;(yE=CKHGZ`_GJI¬K<T IChJGJAUT IU:<=}GJIU:‡K6X]xr"T AU:<y'b+]^GZRS;(`Sd GJAAUL(:‡ACI{GZK<R_GZ`
=QA{GJAC:£œ‘L(:6IU:£ACL(: F RSK<K<RK<T IChJGJAUT IU:—RS=VYXT(;(yAUX‘3:—K6X;(=QA{GZ;+AHŠNiARS=:‹–7r"`wGZR_;(:6y AUL"GJA5AUL(:ª=CL"GJr:—XV7AUL(:
=QA{GJAC:=€rGZK<: XVGE=Qr"RS;šRS=h+:‹ICdy(RS¤3:‹IU:<;+A-VwIUX]¯AUL(:ˆ:<X]1:‹ACICd^XV›AUL(:=CR_]xr"`S:‹–XV2GZ`_`3r(IUXZGJ"RS`_RSACR_:<=
XV@G|z";(RSAU:W=C:6AHŠ}NPA‘R_=‘K<X;n¦€:<K6ACT IU:<yOAUL"GJA‘AUL(: =CK<GZ`wGJI‘K<T IChJGJAUT IU: RS=-]1X;(XZACX;(:jœ‘RSACLšIU:<=Qr:<K6A‘AUXfAUL(:
§Q]1XZIU:^]xRž–(:6y(¨OrGJICAURwGZ`—XZIUy(:6IEXV‘y(:6;(=CRSAid•]^GJACICR_K<:<=|GZ;(y'b¬RS;/rGJICACR_K<T(`_GJIHb¬RSA|R_=|]^Gn– R_]^GZ`}GJAAUL(:
ACI{GZK6RwGZ`3ACI{GZK6:ZŠ
NP;^a7:6K6AUR_XO; 6gAUL(:?«‡IUGZ] :69 IQm F GZXjrGJACAU:6IU;fR_=}VYX`_`SXœ‡:6y1GZ;(y^Gj`_Xœ‡:6I}3XT(;(y1RS=£XZ(AUGZR_;(:<yfVYXZI£AUL(:
KHGZ;(X;(RSKHGZ`K<XZICIC:<`wGJAURSX;7mo]^GJAQIURž–šXV}GZ;\T(;+"RwGZ=Q:<y&:<=€AUR_]^GJACXZIHŠ Œ L(:|R_;(:<~T"GZ`_RSAidšR_=g=UGJAUT IUGJAU:<y,d,GZ;
XZ"=C:6IQhZGJAURSX;™`S:6h+:<`3œ‘RSAULuIU:<=€r3:<K6AAUXAUL(:K<X+GJIU=C:6y™ˆZI{GZRS;(:<yš=€A{GJAU:<=<Š Œ L(:W]x:6ACIURSKgXVGZ;XZ"=C:6IChJGJAURSX;
`_:‹h+:<`RS=g=CT  ¦€:<K6AXV£a7:<K6AURSX;)³ Š‘N€;,AUL(RS=g=C:6ACACR_;(ˆ1AUL(:|”gR_`ž3:6IQA?=QrGZK<:|KHGZ;,:R_; z";(RSAC:y(R_]1:<;(=QR_X;"GZ`
ƒXZIjGZ;,XZr:6I{GJAUXZI?GZ`_ˆ:6(IUG1]^Gd3:WA{GJŸ+:<;‰-GZ;(yG1K<`_GZ=C=?XV@=QAUGJAU:<=gR_=-:<;(y(Xœª:<y,œ-RžAUL F RS:<]^GZ;(;(RwGZ;
=QACICT(K6AUT IU:ZŠ
/
#
!
%›\o
n"!'03Y©74
NP;&AUL(RS= =C:<K‹AUR_X;œ‡:EIU:<KHGZ`S`£L(Xœ AUXšK6X;(=QACIUT(K6AGšˆ+GJIUy(:<;XV‡RS;(VYXZIU]^GJAURSX;)~T"GZ;ACRSAURS:<= VYXZI y(:<;(=CRSAid
]^GJACICR_K<:<(= M@GZ;(5y MJbJVwIUX] G‘VYT(;(K‹AUR_X;,°N F
N F bZGZ;(y VwIUX] GZ;WXZr3:6IUGJAUXZI/Šƒ ¡ XZI5=CR_]fr"`_R_K6RSAid
X;(`SdŽR_;+h+:6ICAURž"`_:y(:<;(=CRžAUR_:<=™GJIU:K<X;(=CRSy(:6IU:<y 3:<`SXœWŠ ‰ †‡:<VYXZIC:\:6;AU:‹IUR_;(ˆ/AUL"GJAu=CT  ¦€:<K6AHb?œª:z – G
K<X;+h+:<;+AUR_X;'Š 2RS;(:HGJI‡ACI{GZ;(=QVYXZIU]^GJAURSX;(=ªXV'AUL(:g=QrGZK<:jXV›XZr3:6IUGJAUXZIU=ªœ‘R_`_`3:gKHGZ`S`_:<yu=CT r:6IUXZr:6I{GJAUXZIU=
GZ=?RžA?R_=‘I{GJAUL(:6IgVwIC:<~7T(:<;+AgRS;Or"Ld7=CR_K<=g`SRSAU:‹I{GJAUT IU:ZŠ‘a7T r:6IUXZr3:‹I{GJAUXZIU=?œ‘R_`S`›:y(:<;(XZAU:6ydšX`_y,V!GZK<:
XZI jIU:<:‹Ÿ3Š¬˜­: XVwAU:6;OT(=C:WACL(:W”gRS`S3:‹ICAQmPa7K{L(]1RSy A-RS;(;(:6I-r(ICX7y(T(K6A-X;™AUL(:W=QrGZK<: XV2]^GJACIURSK<:<=<°
E >C ;-? ΠI > A C I
¡ XZI‘AUL(:y(:<;(=CRžAUR_:6= M-GZ;(D
y MJb"ACL(:IU:6`wGJAURžh+:W]1Xy(T(`wGJI ƒ=CT r:6IM‰€XZr:6I{GJAUXZI‘R_=y(:6z";(:<yGZ=
ƒ M MM‰ª° M! M#" I
Œ L(: ~7T"GZ;+AURžAPd
$&'% ƒ M( M<.‰ ? E M *)+ ,.- ƒ M M{‰ /( M *)+ ;0
ƒ±² I_p‰
œGZ=£KHGZ`_`S:<yx~T"GZ=CRžm„:<;AQIUXZrdfR_Q
; )žp0l +„b ) p,p +„Š>£Ld7=CR_KHGZ`S`Sd+b+]1X=QA£XVACL(:-VYT(;(K6AURSX;(1= ™GJIC:-RSIQIU:<`_:‹hZGZ;+A£"T A
=CX]1:=CL(Xœ T r,R_;™AUL(:W`SRSAU:‹I{GJAUT IU:ZŠ—a7:6A
566
p 93=<4>=@ ? /
:
p
9
-Q;
22ƒ43Q‰G? 7 66 3 `SXˆ3
8
9O`_Xˆ 3
†ªd^AUL(: K{L(XRSK<: XVACL(R_F= 2'bƒ±²7Š_p‰ª=CT
1
566
RSV B?D
A C|pb
YV XZI ? pb
VYXZI ?E9pxŠ
r(r"`_RS:<=-AUL(:VYX`_`SXœ‘R_;(ˆ(Š
ƒ±² I ² ‰
Œ
<4>=@ ? " <4>=@ ? / R_V B?DA Cpb
A
;
p
9
I MG -HI9 M M 7
M 2% ƒ
M( MH‰G? 6 Œ JI AMƒ`SXˆ M0I9K `SXˆ M‹‰
ƒ±² I /+‰
R_V ? pb
68
Œ $I MG AJƒL `_Xˆ.M9­`_Xˆ.M0&‰
R_V ?E9pŠ
®g;(:]^GHdu;(Xœ y(:<K6IU:<GZ=C: AUL(:W;T(]3:‹IgXVrGJI{GZ]1:‹AU:6IU=d™A{GJŸ RS;(ˆM ?ONŠa7XxAUL(: 5 moy(Ržh+:6IUˆ:<;(K<:6=
GJIU:XZ(A{GZR_;(:6y'°
1 Œ
MM2ƒ
M! MH‰G?
ƒ±² I1‰
:p 9 I2ƒLNP9 M <4>=@ ? M " <4>=@ ? ‰ M ƒ B?DA C|p‰
GZ;(yšAUL(:`_RS]1RSA 9Wp d7R_:<`Sy(=‘eg]x:<ˆ+GJŸ R =ªIU:<`_GJAURSh+::<;+ACIUXZrd
$ ƒ M( M<.‰ ? Œ I Mƒ`_Xˆ M9`SXˆ MH‰ I
ƒ±² I 3‰
1
1
!
®g;xAUL(:-XZACL(:6I—L"GZ;(y'bŸ+:<:6r"RS;(ˆP"T AªK{L(X7X=QR_;(ˆ5M? M<? M,b+œ‡:-ˆ:‹A£AUXAUL(:=QŸ+:6œ R_;(VYXZIU]1GJAUR_X;
Nƒ
M G&G‰ ? Œ I M A 9 Œ $I M " A M ƒ±² I k+‰
ƒy(T(:AUX•˜ RSˆ;(:6IHb ªGZ;"GZ=C:)GZ;(y 8 d7=CX;'b )žp /0+Y‰1GJrGJICAuVwIUX] G•;(XZIU]^GZ`_RSBHGJAURSX;#V!GZK6AUXZI™GZ;(y œ‘RSAUL
rGJI{GZ]1:‹AU:6I ? ƒ€1p 9 @‰ ²™ƒ=C:<:WGZ`_=QQ
X )žp 12+Y‰‹Š
Œ L(:?~7T"GZ=QRžmo:6;ACICXZr"R_:<=ƒ„²7ŠSp‰}GJIC:?T(=C:<VYT(`œ‘L(:<; 9FšR_=£XZr3:6I{GJACXZIª]1X;(XZAUX;(:-GZ;(y1AUL(:<;1AUL(:‹d^GJIU:
IU:<ˆ+GJICy(:<y,GZ=R_;(VYXZIU]^GJACR_X;y(R_=QA{GZ;(K6:<=<Š Œ L(:6d=CL(Xœ GZ;"GZ`_XˆZd1œ‘RSAUL™=CX]1:=QA{GJAURS=QAURSKHGZ`3y(R_=€A{GZ;(K<:<=<bK<VoŠ
)žp 3+±Š@˜­: y(Xf;(XZA-:<;+AU:6I‘AUL(: y(:‹A{GZR_`S=‘XV5AUL(: ˆ:<;(:‹I{GZ`'AUL(:<XZICd™GZ;(yOXZr:6I{GJAUXZI-GZ`_ˆ:6(IUGZR_K:‹– AU:6;(=CR_X;'Š
$
#
"$# N€
V 9 R_=šXZr:6I{GJAUXZI]1X;(XZACX;(:Zb-AUL(:<; $
' ƒ M( M<‰^R_=OG/K<X;+h+:‹– VYT(;(K6AUR_X; XV
ƒ M( M6‰GZ;(y $' ƒ M( MH
‰ @ƒ€p‰‹ŠO[XZIU:6Xh+:6I<b}RS;V R_=;(XZA|`_RS;(:HGJIHbAUL(:6; $' ƒ M( MH5‰ ? @ƒ€p‰
R_]fr"`_R_:6=ACL"GJA M ?@MJŠ
v =CT r3:6ICXZr3:6I{GJACXZI ° Cƒ = ‰ Cƒ = ‰-œ‘R_`_`:xKHGZ`S`_:<y)=QAUXKML"GZ=€AUR_KER_V£RSAR_=T(;(RSA{GZ`}GZ;(y)K<X]fm
r"`_:‹AU:<`Sd\r3X=QRSAURžh+:ZŠ,ƒ Œ L(:1`_GJAU:6IWK<X;(y(RSAURSX;R_]fr"`_R_:6=AUL"GJAWAUL(:^a7K{L+œGJIUB^RS;(:<~7T"GZ`SRSAi
d }ƒ )‰ A ¬ƒ )‰ Œ
}ƒ A &‰?L(X`Sy(=WVYXZIW:6h+:6IC
d •Š ‰ L(:Ey(T"GZ` A XV£G™=€AUX7K{L"GZ=QAURSKf]1GJr(r"R_;(ˆ ­œ-RžAUL)IC:<=Qr3:6K6AWACXAUL(:
”gR_`ž3:6IQAQmPa7K{L(]1RSy AgR_;(;(:6Igr(ICX7y(T(K6AjRS=?K<X]xr"`S:6AU:<`žd™rX=CRSAURžh+:GZ;(yOACI{GZK6:r(IU:<=C:6IQh R_;(ˆ(Š‘N€;OrGJIQAUR_K<T(`_GJIHb
A?=C:<;(y(=gGEy(:<;(=CRžAPd™]^GJACICRž–uRS;AUXxGfy(:<;(=QRSAid]^GJACIUR –'Š
$
# # 5:6F
A ° )µl #‰ N F 3:WGZ;™XZr:6I{GJAUXZI]xX;(XZAUX;(:jVYT(;(K6AUR_X;uœ‘RSAUL @ƒ±l+‰ l Š@N€V R_=‘Gf=€AUX7K{L"GZ=QAURSK ]^GJr(r"RS;(ˆ(b AUL(:<;OVYXZI‘:6h+:6IQd BDC™ƒ = ‰GZ;(yšVYXZI?y(:<;(=CRžAUR_:6= MH$b Mjœª: L"GHh+:
$ '% ƒ A ƒ M{‰ A ƒ MH‰C‰ $ ' % ƒ
M( M6‰ I
! #"
Œ L(:<=C:AUL(:<XZIU:<]x=‘GJr(r"`žd^AUXM2šRSV 9p%$ &$ pŠ—«‡X;(K<:6IC;(R_;(ˆfACL(:r(IUXXVGZ;(y™=CR_]xR_`wGJIªˆ:<;(:6I{GZ`
IU:<=QT(`SAU=œ‡:ªIC:<VY:6I@AUX ) pl0+„b ) pp,+„Š‡ƒ Œ œ‡Xgy(:6KHGZy(:<=£GZˆX?K<X;+h+:‹–(RžAPd XV2ƒ„²7Š k+‰'IU:<K<:<Ržh+:<yfG?`_XZA@XV"GJACAC:<;ACR_X;'b
GZ;(yORžA‘=QL(XT(`_yš: K<RžAU:<y,GZ=:2RS:6 =‘K<X;+h+:‹–(RžAPd ) pk b›p²+„Š ‰
aAUXK{L"GZ=QAUR_K]1GJr(r"R_;(ˆ=gGJIU:ACL(:GJr(r(IUXZr(IUR_GJAU:\§Q]1XZICr"L(RS=C]1=C¨x:6Aiœ‡:<:<;&«-DHmiGZ`_ˆ:‹(I{GZ=<Š‘NP;,rGJIQm
AURSK<T(`wGJIHb?ACL(:&y d ;"GZ]xR_KHGZ`g:6h+X`ST AUR_X; XVG~T"GZ;AUT(] =Qd7=QAU:<] R_=y(:<=CK6ICRS3:6y d G“=C:<]xR_ˆZIUXT r XV
=QAUXK{L"GZ=QAUR_Kx]^GJr(r"R_;(ˆ=<bGZ;(y­]1:HGZ=CT IU:6]1:<;+AU=K<XZICIC:<=Qr3X;(y­AUX™r3X=CRžAURSh+:fT(;(RSA{GZ`£]^GJr(r"R_;(ˆ= GZ= œ‡:<`S`±Š
Œ L(:EK6X;AU:6;AWXV Œ L(:<XZIU:6] ²7Š ²1]^Gd™3:|:‹–7r"`wGZR_;(:6y&GZ=jVYX`_`SXœ‘=<Š Œ L(:|R_;(VYXZIC]^GJAUR_X;y(RS=QA{GZ;(K<:<=WGJIU:
y(:<K6IC:HGZ=CR_;(ˆ•T(;(y(:6I^ACL(:šACI{GZ;(=CVYXZIC]^GJAUR_X'
; A XVg=QA{GJAC:<=^GZ=C=CXK<RwGJAC:<yŽœ-RžAUL#G=QACX7K{L"GZ=QAURSKO]^GJr(r"R_;(ˆ
v
@Š
`_`IC:HGZ=CX;"GJ"`_:ER_;(VYXZIC]^GJAUR_X;y(RS=QA{GZ;(K<:<=]|T(=QAL"Gh+:AUL(RS=j]1X;(XZAUX;(R_K6RSAidOr(IUXZr:6ICAid+Š^ƒ©NP;\=CX]1:
=C:<;(=Q:Zb=€AUX7K{L"GZ=QAURSK ]^GJr(r"RS;(ˆfRS=‘AUL(:~7T"GZ;+AUT(] GZ;"GZ`_XˆT(:XVGE[)GJIQŸ+XhuŸ+:6IU;(:6`±Š ‰
3
!
#
$u! !#
nš‘$2+©—+
n7©(!
Œ L(:g=QA{GJAU:‘=QrGZK<: K R_=ª:<GZ=CR_`ždfh7R_=CT"GZ`SR_B<:<y^VYXZIª=Qr"R_;p…²7ŠNP;1AUL(R_=‡K<GZ=C: K R_=—ACL(:?=QrGZK<:gXV›GZ`S`3²1²
y(:<;(=CRžAidš]^GJAQIUR_K<:6=<Š Œ L(:6d™GJIU:R_;™AUL(:WVYXZIC]
p p R ² P
9­R :p 9
œ‘L(:6IU: ,
GJIC:IU:<GZ` rGJI{GZ]1:6AU:‹IU=}GZ;(y pŠƒ Œ L(RS=}RS=}ACL(:œª:<`_` m„Ÿ ;(Xœ‘;fr3X`_GJIUR_B<GJAUR_X;
IU:6r(IC:<=C:<;+A{GJAURSX;XV7G=Qr"RS;xp…²7Š ‰”g:<;(K<@
: K R_='IU:6ˆ+GJIUy(:<yGZ='AUL(:}T(;(RSA›GZ`_`RS;ACL(:£¢£T(K<`_RSy(:HGZ;5/nm„=QrGZK<:ZŠ
Œ L(:f:‹–7ACIU:<]x:3XT(;(y"GJICd+b›R±Šµ:ZŠ AUL(:|=C:‹A XV£GZ`_`@:‹–7ACIU:<]1GZ`r3XRS;AU=6b5K6XR_;(K<RSy(:<=œ‘RSACL\AUL(:AUXZrX`_XˆRSKHGZ`
3XT(;(y"GJIQd+Š Œ L(RS= =CRS]xr"`_:Ey(:<=CK6ICRSr(AURSX;­y(X7:<=;(XZA ˆ:<;(:6I{GZ`SR_B<:EAUXOL(RSˆL(:6Iy(RS]1:<;(=CRSX;'bGZ;(y­R_;&V!GZK6AHb
AUL(:u=Qr"RS; p…²šy(X:<=|;(XZA|=CL(Xœ =C:6h+:6I{GZ`‡VY:<GJAUT IU:<=Aid7r"RSKHGZ`ªVYXZIAUL(:^AUL(:uˆ:<;(:6IUGZ`jƒ~7T"GZ;+AUT(]u‰KHGZ=C:ZŠ
¡ XZI|:‹–"GZ]xr"`S:1R_;•L(RSˆL(:6IEy(R_]1:<;(=QR_X;'bAUL(:u:‹–7ACIU:<]1:f3XT(;(y"GJICd­œ‘R_`S`£3:^]|T(K{L/=C]^GZ`_`S:6IAUL"GZ;­AUL(:
AUXZrX`_XˆR_K<GZ`3X;(:^ƒK6Vo-Š )žp 6+Y‰‹Š
5:6A R 3: AUL(: =C:6AgXV¬GZ`S`2RS;h+:6IQAURS"`S:y(:<;(=CRžAPdš]^GJACIURSK<:<=-GZK6AUR_;(ˆxX;OAUL(:
ƒ Pmoy(RS]1:<;(=CRSX;"GZ`›K<X]fm
r"`_:M–‰”gR_`ž3:6IQA¬=QrGZK<: = Šƒ©˜ L(:<;EACL(:y(:‹r3:<;(y(:<;(K6:-X; Pœ‘R_`S`::6]xr"L"GZ=CR_B6:<yEœª:‡T(=C:ACL(:‡;(XZA{GJAUR_X;
R'Š ‰[XZAURShJGJAU:<yd™~7T"GZ;+AUT(] =QA{GJACR_=QAURSKHGZ`']1:<K{L"GZ;(RSK<=<b"œ‡:œIURžAU:W:6`_:<]1:6;AU=‘XV R R_;AUL(: VYXZIC]
"
ƒ)‰G? Œ ƒ
/ I_p‰
I"
œ‘L(:6IU:"!$# lORS=GOIU:HGZ`—K6X;(=QA{GZ;+AEGZ;(y% RS=|GO=C:<`_V_moGZyn¦€XR_;+AEXZr3:6I{GJACXZIHŠ­ƒ ƒ)‰WR_= ACL(:^y(:<;(=CRSAid
XV¬AUL(:=CXJmoK<GZ`_`_:6
y jRS("=j=QA{GJAU:|GJAgACL(:ERS;h+:‹IU=C:AU:<]xr:6I{GJAUT IC:&!ŽVYXZIgAUL(:|”jGZ]1RS`SAUX;(R_GZ;'•Š ‰ON€V@AUL(:
y(RS¤:6IU:<;(K6:(E
9")R_=£GW]|T(`SAURžr"`_:XVAUL(:‘R_y(:<;+AURžAPd|AUL(:6;" GZ;(y")"ˆRSh+:AUL(:-=CGZ]1:‘y(:6;(=CRSAidf]^GJACIUR –
R_; ƒ / Š_p‰‹Š Œ L(:6IC:<VYXZIU:ZbAUX­ˆ:6AuG=QT(RSA{GJ"`S:OrGJI{GZ]1:6AU:‹IUR_BHGJACR_X;œ‡:,L"GHh+:OAUX­RSy(:<;ACR_VwdŽ=Q:<`_V_moGZyn¦€XR_;+A
XZr3:‹I{GJAUXZIU=y(RS¤:6IURS;(ˆfRS;šG|K<X;(=QA{GZ;+A‘]ET(`žAURSr"`S:gXV5ACL(:RSy(:<;+AURSAid NŠ ¡ XZI:‹–"GZ]fr"`_:Zb7œª:]1Gd^K6X;(=CR_y(:6I
X;(`SdfACI{GZK<:6`_:<=C=‡=Q:<`_V_moGZyn¦€XR_;+A]^GJACIURSK<:<=<bAUL(:<RSIª=QrGZK<:jR_=ªy(:6;(XZAU:<yud+*-,, Š Œ L(:?IU:HGZ `@ `SR_;( :HGJIª=QrGZK<:*-,,
L"GZ=?y(RS]1:<;(=CRSXD
; P 9#p|GZ;(yOœ‘R_`S`›:R_y(:6;AURžz":<y,œ-RžAULOAUL(:¢£T(K<`_RSy(:HGZ;,=QrGZK<:WN F " dš]1:HGZ;(=‘XV
AUL(:WVYX`_`_Xœ‘R_;(ˆE`_R_;(:<GJIU`SduRS;(y(:6r3:<;(y(:6;Aj]^GJAQIUR_K<:6=<Š
ƒ€p 54 $76 P5‰ . 0 / ? 1 p ² ƒ2 0/ 32 / ‰
. 0/ ? 1 p ² ƒ 9R2 0/ R82 / ‰ ƒ€p54 $76 P5‰ ƒ
/ I ²‰
8
=
=
;
.:9 ? 1 ; p ; < =?9> 2 9 1 ; ; 2 9 @ 9 ƒPp% ; P9#p‰ =BA
œ‘L(:6IU:Eƒ2 ‰}R_=ªG=Qd =QAC:<] XV']1GJACIURž–fT(;(RžAU=<Š£®g"=Q:6ICh+:?AUL"GJA‡VYXZI PD? ² :‹–(GZK6AU`ždEACL(:?>¬GZT(`_R]^GJACIURSK<:<=
=CL(Xœ T r)L(:6IU:ZŠEƒ±®jV}K<XT IU=C:Jb'X;(:]^Gd™K{L(X7X=C:|XZAUL(:‹IgGZ=CR_=g]^GJAQIUR_K<:6=0CAUL(RS=gKML(XRSK<:|R_=?K6X;h+:<;(RS:<;+A
3:6KHGZT(=C:,AUL(:,]^GJACICR_K<:<=,ƒ / Š ²‰xGJIC:,XZICAUL(X;(XZIU]^GZ`œ‘RSAULŽIU:6=Qr3:<K‹AACXAUL(:”gR_`S:6ICAQmia7K{L(]1R_y A^=QKHGZ`wGJI
r(IUXy(T(K6AHŠ ‰ Œ L(:WL(X]1:<X]1XZIQr"L(R_=C]
D ° M 9 p `_X.ˆ ME p Œ I-`SXˆ M
ƒ / I /+‰
!
!
k
!
]^GJr"=|X;+AUX * ,, N F @ " GZ;(y“:<;(y(Xœ-= R‚œ-RžAUL“G\y(Rž¤3:6IU:6;AUR_GJ"`_:=QACIUT(K‹AUT IU:ZŠ Œ L(:]^GJr(r"R_;(ˆ D
R_=|KHGZ`S`_:<y­AUL(:u`SXˆ+GJIURSAUL(]xR_KxK6X7XZIUy(RS;"GJAU:u=Qd =QAC:<] GJAAUL(:uR_;+h+:6IU=C:^AU:6]xr3:6IUGJAUT IU:"!}Š R :<K<X]1:6=fG
y(RS¤:6IU:<;+AUR_GJ"`_:]^GZ;(R_VYX`Syœ-RžAULxGZ;fGJAU`_GZ=@K<X;AUGZR_;(R_;(ˆGj=CR_;(ˆ`S:KML"GJIQAHŠ 8 RS¤3:‹IU:<;+AURwGJAURSX;|XVGjVYT(;(K6AURSX;
,° R N F GZ`SX;(ˆfAUL(:K<T ICh+:
3 M ? Œ I " " " ƒ 3 >‰ ƒ > B'* ,, ‰
ƒ / I1‰
"
R_=fAUL(:O=UGZ]1:šGZ=1y(RS¤:6IU:<;+AUR_GJAUR_X;#XV D " R_;ŽAUL(:Oy(RžIU:<K6ACR_X; >Š Œ L(:šK<T ICh+:<=^`SRSŸ+:­ƒ±²7Š 1‰|œ‘R_`S`
3:EKHGZ`S`_:<y moˆ:<Xy(:<=CR_KJŠ Œ L(:‹d)K6XZICIU:<=QrX;(y)AUX=QACIUGZR_ˆL+AW`SR_;(:<=jRS;\AUL(:|rGJI{GZ]1:‹AU:6Ij=QrGZK<:|œ‘L(:<;)AUL(:
:‹–7r3X;(:<;+AURwGZ`'rGJI{GZ]x:6AU:6IURSBHGJAURSX;™XV5AUL(: =QAUGJAU:W=€rGZK<: RS=-K<X;(=CRSy(:6IU:<y'Š
8 RS¤:6IU:<;+AUR_GJAUR_;(ˆEAUL(:WIU:6`wGJAURžh+::6;ACICXZrdƒ„²7Š 3‰—œ‡:WL"Gh+:
> > p $ 9 3 ! ƒ ƒ 3 >‰ ƒ CE‰C‰
,
ƒ / I 3‰
Πp
?
! , I - ƒ)‰ > " C/ 9 Œ I ƒ)‰ > Œ I ƒ)‰ C œ‘L(R_K{L­R_=WXVwAU:<;KHGZ`S`_:<y)AUL(:xKHGZ;(X;(RSKHGZ`}K<XZICIU:<`_GJAUR_X;&XV > GZ;(y C^Š ¡ XZI ACL(:fIU:<=€A œ‡:Ez –! ? 9pŠ
Œ L(: =CKHGZ`_GJI‘r(ICX7y(T(K6A
E >C ; ? Œ I ƒ)‰ > A " C SI
ƒ
/ I k+‰
,
R_=}GZ;ER_]xrXZICA{GZ;+A@R_;(ˆZIC:<y(R_:<;+A}XV`SR_;(:HGJI¬IU:6=Qr3X;(=C:AUL(:<XZIQd|GZ;(yE:HGJIU=¬AUL(:;"GZ]1:<=@cT 3XJm„[\XZICR=QKHGZ`wGJI
r(IUXy(T(K6AHb'KHGZ;(X;(RSKHGZ`@K<XZICIU:6`wGJAURSX;'b'†‡XˆX`_R_T XhšR_;(;(:6Ijr(IUXy(T(K6AXZI 8 T(L"GZ]1:<`Aiœ‡XJm±r3XR_;+AVYT(;(K6AURSX;
ƒ ) p³ b b5p b²Z0l +Y‰‹Š@˜­: K{L(XX=C: RžA‘VYXZI‘AUL(: F R_:6]^GZ;(;(RwGZ;™]1:6ACIURSKZŠ
˜­:RSy(:<;+AUR_Vwd™AUL(: A{GZ;(ˆ:<;+Aj=QrGZK<: ƒ R‡‰-XVAUL(: ]^GZ;(R_VYX`Sy R GJA?ACL(:y(:<;(=CRžAPdO]^GJACIUR – ƒ)‰
dACL(: =QrGZK<:WXV@GZ`_` "T(K‹AUT"GJAUR_X;(=
ƒ RªG
‰ ? >@?@> A ° Œ I ƒ)‰ > ?l ƒ / I 6‰
GZ;(yAUL(: F R_:<]1GZ;(;(RwGZ; ]1:6AQIUR_
K R_=OˆRžh+:<; d AUL(:cT 3XJm„[XZIUR r(IUXy(T(K6AHŠ N€SV > ? >&A\R_=šGZ;
XZ"=C:6IQhZGJ"`S:ZbACL(:<
; > >#9™ƒ Œ I ƒ)‰ >‰ NR_=¬RSAC= "T(K6AUT"GJAURSX;xGJIUXT(;(yEAUL(:]1:HGZ;hJGZ`_T(: Œ I ƒ)‰ >Š
a7X™œª:xT(=C:EAUL(:fAURS`_y(:|œ-L(:6;&œ‡:fœ‡GZ;AAUXš=€ACIU:<=C=AUL"GJA G™=C:<`SV_miGZyn¦€XRS;A]1GJACIURž–,R_=WG "T(K6AUT"GJACR_X;­GJA
=CX]1:y(:<;(=CRžAid ƒ)‰‹Š v K<K<XZICy(R_;(ˆ`Sd+b
'ƒ >P C| ‰<ƒ &‰ ? E > C ; ƒ > C B ƒ Rª‰C‰ I
ƒ / I ³+‰
’gXZAU:jAUL"GJ!A uR_=‘GZ`_=CXfXZ(A{GZR_;(:6y™dšy(Rž¤3:6IU:6;AUR_GJAUR_X;(=XVAUL(:Wˆ:<;(:6I{GZ`SR_B<:6yšrGJICAURžAUR_X;VYT(;(K6AURSX;'°
> > Π$# &% ' #
ƒ > C B ƒ Rª‰C‰I
ƒ
/ I ‰
3 " , I 6
!
8 <: ;(=CRžAid ]^GJAQIUR_K<:6=™]^GHd#3:)rGJI{GZ]1:6AU:‹IUR_B<:6y y(RSIC:<K6AU`žd dAUL(:<RSIš:<;+ACIUR_:6=<Š¯[XZIU:)r(IU:6K<R_=C:6`Sd+b
M M 9BN 0P :<]3:<y(=HRŽRS;ACX * ,, N F @ " GZ=^GK6X;h+:‹–ŽXZr3:<;#=QT "=C:6A™GZ;(y RŽR_;(L(:‹IURSAU=
G­y(RS¤:6IU:<;+AURwGJ"`S:)=€ACIUT(K6AUT IC:ZŠ Œ L(R_=Gx;(:rGJIUGZ]1:6AU:6ICR_BHGJAURSX;#R_=^:<~T"GZ`_`žd#;"GJAUT I{GZ`|ƒ©R_Vj;(XZA]1XZIU:
;"GJAUT I{GZ`b"K<VoŠ}ACL(:W3:6ˆR_;(;(R_;(ˆxXV2AUL(RS=‘=C:6K6AUR_X;‰MŠ Œ L(: =C:6ˆ]1:<;+A
M ? 3 M ƒ€1
p 93Q‰ M , 4ƒ 3B ) l H,p +!‰
ƒ
/ I_pl+‰
¦€XR_;(RS;(8ˆ M , M<B R R_=KHGZ`_`S:<y ; moˆ:6X7y(:<=CRSKZŠgƒ Œ L(RS=AU:‹IU]1R_;(X`SXˆZd^R_=VwIUX] ) ² +5GZ;(y ; K<X]1:<=VwIUX]
AUL(:œ‡XZIUyš]xRž– ACT IU:ZŠ ‰|†ªdu]1:HGZ;(=XV2AUL(:WR_y(:<;+AURžAPd
> ? ƒ n‰ " ƒ ‰ " S
`
X
ˆ
ƒ
*
3
‰
ƒ / I_pp‰
3
, ,
X;(: K<GZ;šK<X]xr"T AC:
> > $
ƒ
/ I_p²‰
9 3 " ƒ
ME 3 > ME CE‰G? Œ I$>Eƒ
M$ n‰ " Cƒ
ME n‰ " I
,
,
Œ L(R_=—=QL(Xœ‘=—AUL"GJA—R_;xAUL(:?G 1;(:-rGJI{GZ]x:6AU:6IURSBHGJAURSX;EAUL(:‘A{GZ;(ˆ:<;+Aª=QrGZK<: ƒ Rª‰£RS=£IU:<ˆ+GJICy(:<yuGZ=£AUL(:
=C:6A *-,, XVGZ`S`›AQI{GZK<:<`S:<=C=-=Q:<`_V_moGZyn¦€XR_;+A?]^GJACICR_K<:<=GZ;(yšACL(: F RS:<]^GZ;(;(R_GZ;š]1:6AQIUR_KjR_=R_;AUL(: VYXZIC]
'ƒ
>CE‰<ƒ
M‰
Œ I E> ƒ M ‰ " C ƒ
M$ n‰ " ƒ
>C B'* ,, ‰I
ƒ
/ I_p /+‰
,
v 3Xh+:jAUL(: F R_:<]^GZ;(;(R_GZ;O]1:6AQIUR_KgœGZ=‘y(:<y(T(K<:<yVwIUX]¯AUL(:IU:<`wGJACRSh+::<;AQIUXZrd™VYT(;(K6AURSX;"GZ`ªƒ±²7Š 3‰jƒK<VoŠ
)µk0+±b) p +!‰‹ŠNiA—R_=—œ‡XZIQAULœ‘L(R_`S:-AUX;(XZAC:-AUL"GJAªX;(:-KHGZ;uGJICIURžh+:?GJAªAUL(:-=UGZ]1:-]x:6ACIURSK‘=QAUGJICAUR_;(ˆ VwIUX] AUL(:
h+X;š’g:6T(]^GZ;(;š:<;+ACIUXZrd $ ƒ
M‰G?E9 Œ I$M `SXˆ M ƒK<VoŠ )6+!‰MŠ¬NP;(y(:<:6y'b
> > $
'ƒ
>CE‰<ƒ
M‰ ?E9 3 " ƒ ME 3 >3 CE‰
ƒ >C B * ,, ‰ I
ƒ / I_p 1‰
,
?
Œ (L :6IU: GJIU: =CX]x:XZACL(:6I F R_:<]^GZ;(;(R_GZ;š]1:‹ACIUR_K6=XK<K<T ICICR_;(ˆ1RS;™AUL(:`_RžAU:6I{GJAUT IC:ZŠ Œ L(: ]x:6ACIURSK
ƒ > C| ‰<ƒ)‰G? Œ I ƒ)‰<ƒ> C C > ‰
ƒ
/ I_p3‰
L"GZ=‘ACL(:WVYXZIU] XVGE”g:<=C=CR_GZ;'bACX7X(°
> > Œ ƒ > C| ‰<ƒ)‰G? 3 I
ƒ
> ‰ -`_Xˆ ƒ 3> ‰9­`_Xˆ ƒ C| ‰/ ƒ
/ I_pk+‰
3
,
=C:<H: ) ²7,p +±Š¬NiA‘R_=;(XZAU:6œ‡XZIQAULduAUL"GJA
'ƒ >P >j ‰6ƒ)‰ ƒ >P >j ‰6ƒ)‰ ƒ > B ƒ Rª‰C‰
ƒ
/ I_p6‰
y(T(: AUXfAUL(:†‡XˆX`_RST 3Xh™RS;(:<~7T"GZ`SRSAid )žp0³ +GZ;(yO AUL(:WICR_ˆL+AQmoL"GZ;(y=CRSy(:XVƒ/ ŠSpk+‰R_=-Gx~7T"GZ=QRžmo:6;ACICXZrd
ƒK<XZIQIU:<=QrX;(y(R_;(ˆ-AUXAUL(:}VYT(;(K6AURSX; 3& ƒ`_X&ˆ 3Q‰ Š ‰ v ;(XZAUL(:6I2]1:6ACIURSK¬K<X]1:<=›VwIUX] AUL(:£†T IC:<=2y(RS=QA{GZ;(K<:
) ²² +±Š}†XZACLš]1:6AQIUR_K<=y(X1;(XZA‘=C:<:6] AUX|3:WR_;šGfy(RSIC:<K6A-IC:<`wGJAURSX;ACXfAUL(:W=CT  ¦€:<K6A?XV2AUL(R_=rGJr3:6I<Š
³
!
"©+!M“-$2,
n
#
¢£h+:‹ICdš=€AUX7K{L"GZ=QAURSK ]^GJr(r"RS;(ˆ)R_;(y(T(K<:6=jGfACI{GZ;(=CVYXZIC]^GJAUR_X;™XV K1ŠªN€;(y(:6:<y'bAUL(:WIU:<=QACICR_K6AURSX;OXV A
AUX KxŠ}˜ L(:<; AJƒ Rª‰ R‘b(AUL(:<; A‘R_=G|y(RS¤3:6X]1XZICr"L(R_=Q]¯XV R GZ;(yRSAU=y(Rž¤3:6IU:6;AUR_GZ`}ƒ A6‰ RS;AUL(:
G 1;(:K<XXZIUy(R_;"GJAU:=Qd7=QAU:<] R_=AUL(:jIU:<=QACICR_K6AURSX;šXVA?ACXfAUL(:jACI{GZK<:6`_:<=C=‘=C:<`SV_miGZyn¦€XR_;+A?]1GJACIUR_K6:<=<Š Œ L(:
;(:‹–7A‘IU:6=CT(`SAU=‘R_=AUL(: ]xX;(XZAUX;(R_K<RžAid^XVAUL(: F RS:<]^GZ;(;(RwGZ;™]1:6ACICR_K T(;(y(:6I?=€AUX7K{L"GZ=QAURSK ]^GJr(r"RS;(ˆ=<Š
$
# "$# 2:6A Ž3:G,=QAUX7K{L"GZ=QACR_K^]^GJr(r"RS;(ˆ)GZ;(y M B R‘Š)NP
V AJ
ƒ M8‰ B R AUL(:<; AfRS=fG
y(RS¤:<X]1XZICr"L(RS=C]¥R_;­G;(:<R_ˆL+3XZICL(X7X7y&XV M GZ;(yRžAU=y(RS¤3:‹IU:<;+AURwGZ`¬R_= G™K<X;+ACI{GZK‹AUR_X;&œ‘RSACL)IU:<=€r3:<K6A
AUXEAUL(: F R_:<]1GZ;(;(RwGZ;š]x:6ACIURSK Š
Œ L(:Oy(RS¤:6IU:<;+AURwGZ`ƒ A ‰ L"GZ=1=CR_]fr"`_:šVYXZIC] R_;ŽG 1;(:OK<XXZIUy(R_;"GJAC:<=<Š v =xRSAfœGZ=1;(XZAU:6y
GJ3Xh+:Zb›GJAjAUL(:r3XRS;FA M B R ƒ A6‰ 1° * ,, * ,, R_=gAUL(:IU:<=€ACIUR_K‹AUR_X;\XV AŠa7Xuœ‡:|L"GHh+:EAUXu=CL(Xœ
AUL(:WR_;(:<~T"GZ`_RSAid
Œ
Iƒ A ƒ
M‰ n‰ " A ƒL‰6ƒ A ƒ M‰ ‰ " A ƒ4‰ , Œ I
ƒ M n‰ " ƒ M n‰ " ,
VYXZI‘:6h+:6IC
d B'* ,, Š—†ªd]1:HGZ;(=XVACL(: =CT r:6IUXZr3:‹I{GJAUXZIƒ 37Š ²‰ªXT I?K6`wGZR_]¯RS=-:<~T(RShJGZ`_:<;+AAUX
A I
ƒ 1I_p‰
"
Œ L(:<XZIU:<] ²7Š ²d RS:<`_y(=AUL"GJA
Œ
I
A ƒ
M‰ " A ƒ M‰ 3
,
NP;AQIUX7y(T(K<RS;(ˆxAUL(:=CT r3:‹IUXZr3:6IUGJAUXZI
" ° " Œ
I
,
" }ƒL&‰ M ¬ƒL&‰ 3I
M
ƒ 1I ²‰
3
ƒ 1I /+‰
,
ƒ©œ‘L(R_K{LORS=AUL(:WR_;+h+:6IU=C:WXV VwIUX] ƒ 37Š ²‰C‰‹b œ‡:jIU:6œIURSAC:^ƒ
1(Š ²‰GZ=
" "
A
"
ƒ 1I1‰
I
a7R_;(K6:^ƒ
1(ŠSp‰GZ;(y­ƒ
1(Š1‰‡GJIU::<~7T(RžhZGZ`S:<;+AHb(AUL(:Wr(IUXXVRS=‘K<X]fr"`_:6AU:JŠ
’gXZAU:jAUL"GJA‘R_;™`_Xˆ+GJIURžAUL(]1R_KgK6X7XZIUy(RS;"GJAU:<=ƒ A‹‰ 7ƒ >g ‰ ? " A " ƒ >g ‰‹Š
Œ L(:f]xX;(XZAUX;(R_K<RžAidOXV¬AUL(: F R_:<]1GZ;(;(RwGZ;\]1:6ACIURSKR_=jK6IUT(K6RwGZ`œ‘L(:<;&X;(:E`_RžŸ+:<=gAUXuR_]1RžA{GJAU: AUL(:
ˆ:<X]1:‹ACIUR_K<GZ`-GJr(r(IUX+GZK{L XV ) 2² /0+„Š v ; RS; z";(RSAU:6=CR_]^GZ`=QA{GJACR_=QAURSKHGZ`-y(RS=QA{GZ;(K<:L"GZ=1AUX:,]1X;(XZAUX;(:
!
(T ;(y(:6Ij=QACX7K{L"GZ=QAURSK]^GJr(r"R_;(ˆ=6Š˜:;(XZAU: AUL"GJA-AUL(:]1X;(XZAUX;(RSK<RSAiduXV ™R_=?G1=QACIU:<;(ˆZACL(:<;(R_;(ˆ^XVAUL(:
K<X;(KHGHh RžAidšXV@AUL(: h+X;,’g:6T(]^GZ;(;O:<;+ACIUXZrd+ŠNP;(y(:<:6y'b3r3X=CRžAURSh+:Wy(:6z";(RSAU:6;(:<=C=jXV ™R_=?:<~T(RShJGZ`_:<;+A?AUX
AUL(:E=QACIURSK6AK<X;(KHGHh RžAPdXV¬AUL(:|h+X;)’g:6T(]^GZ;(;):6;ACICXZrd\y(T(:fACXƒ/ Š ²‰?GZ;(y)]xX;(XZAUX;(R_K<RžAid,R_=j]|T(K{L
]1XZIU:gAUL"GZ;™r3X=CRžAURSh7RSAid+Š
NP;•AUL(:1r(IUXZGJ"R_`SR_=QACR_K^KHGZ=C:1ACL(:^]1X;(XZAUX;(:^]1:6AQIUR_K1RS=T(;(R_~T(:uGZ;(y“RS=R_y(:<;+AURSKHGZ`—AUX ¡ R_=QL(:6I =
R_;(VYXZIC]^GJAUR_X;'Š@NP;™ACL(: ~7T"GZ;+AUT(] KHGZ=C:AUL(: T(;(RS~7T(:<;(:6=C=?R_=K<:6IQA{GZR_;(`žd™;(XZAACIUT(:JŠªa7:6A?Gf]1:‹ACIUR_K jGZ=
Zƒ
>CE‰<ƒ M‰ ? Œ $I M " ƒ > C5 CS>‰ ƒ >C B'* ,, ‰ I
ƒ 1I 3‰
eg;(y(:6I1ACL(:šK<X;(y(RžAUR_X;(=^GZ;(yŽœ‘RSACL“AUL(:O;(XZAUGJAUR_X;“XV Œ L(:<XZIC:<] / ŠSpbª]1X;(XZAUX;(RSK<RSAid•XV RS=fAUL(:
R_;(:6~7T"GZ`_RžAid
Œ I A ƒ M‰ " A ƒ >‰ Œ I M " > ƒ > B'* ,, ‰
ƒ 1I k+‰
œ‘L(R_K{LOR_=‘GfK6X;(=C:<~7T(:6;(K<:XV2AUL(:WXZr3:6IUGJAUXZIR_;(:<~T"GZ`_RSAid
‰
A Lƒ ‰ A ƒ ?‰ " A Lƒ &‰ A A Lƒ " A 0
ƒ 1I 6‰
y(T(: AUX^«L(XR ) 0² 12+±b"VYXZI?r3X=CRžAURSh+:R_;+h+:6ICACRS"`_: ŠªNP;(y(:<:6y'bA{GJŸ7R_;(ˆfACL(:WACI{GZK6:XV3XZACLO=CR_y(:6=?XV
ƒ 1(Š 6‰‹b
œ‡:‡K<X;(K6`_T(y(:W
ƒ 1(Š k+‰›R_V ?@>Ž3:6KHGZT(=C: Œ I A ? Œ I›Š}®?"=C:6ICh+:‡AUL"GJAVYXZI¬K<X]1]|T AUR_;(ˆ M GZ;(y >Žœ‡:
L"GHh+!: '
ƒ > >‰<
ƒ M‰ ? Jƒ
> >‰<
ƒ M‰RS;xGZK<K6XZIUy"GZ;(K<:‘œ‘RSACLfAUL(:T(;(R_~T(:<;(:<=C=ªXVAUL(:]1X;(XZAUX;(:]1:6ACICR_K
R_;/AUL(:šK6X]1]|T A{GJAURSh+:^K<GZ=C:ZŠ Œ L(:š:M–"GZ]xr"`S:=QL(Xœ‘=fAUL"GJAfR_;/AUL(:š~T"GZ;ACT(] KHGZ=Q:™AUL(:]1X;(XZAUX;(:
]1:6AQIUR_KjR_=;(XZA?T(;(RS~7T(:ZŠ
Œ L(:?~7T(:6=QAUR_X;uGJICR_=C:<=—;"GJAUT I{GZ`_`žd3°˜ L"GJAªRS=—AUL(:‘K<`wGZ=C=—XV3AUL(:?]1X;(XZAUX;(: F RS:<]^GZ;(;(R_GZ;1]1:6ACICR_K<=
X;­]^GJACICRž–)GZ`_ˆ:‹(I{GZ= Œ L(:frGJr3:6I )µJ² 3+ªGJAQAU:<]xr(AU:6y&AUXOy(:<=QK6IURS:1AUL(R_= K<`wGZ=C=W"T AAUL(:1K<X;(K6`_T(=CRSX;
XV¬RSAU=?GZ;"GZ`Sd =QR_=?RS=?;(XZAjK<`_:<GJI?AUX1AUL(:r(IU:6=C:<;+A GZT ACL(XZIHŠ 5:6AgT(=g=CT(]1]1GJIUR_B<: XT IgT(;(y(:6IU=QAUGZ;(y(R_;(ˆXV
) J² 3+±Š 2:‹A f
3:?z(IC=QA‘G|T(;(RžA{GJIURS`SdfR_;+hZGJIUR_GZ;A]x:6ACIURSK?œ-L(X=C:g]1GJAC8 IURž–xR_=ªACX|:gy(:<=CK6ICRS3:6y'Š Œ L(:<;™RžAR_=
:<;(XT(ˆLšACXxK<X;(=CRSy(:6I-rXR_;+AU=‘œ‘L(:6IU*: M RS=‘y(R_GZˆX;"GZ`±b(=UGHd M ? RwGZˆ
ƒ ( I I I "‰GZ;(y™œª:WA{GJŸ+:
AUL(:GZ=CRS=Eƒ / Š ²‰‹ŠgNiAjR_=g:6=QA{GJ"`_RS=CL(:<y\R_; ) J² 3+2z(IU=QAjAUL"GJAjT r\AUXGuK6X;(=QA{GZ;+AWV!GZK‹AUXZIgAUL(:|]1:6ACICR_KRS=gXV
AUL(:WVYX`_`_Xœ‘R_;(ˆ|Ÿ R_;(y'Š
3 ƒ .:9 . :/ ‰6
ƒ MG‰ ? Œ I M " .:9 . :/ 3 ƒ . 0 / . B/ ‰6
ƒ MG‰ ?:l 3 ƒ . 0 / . 0 / ‰6
ƒ MG‰ ? ' ƒ . / . / ‰ 3 ƒ . 0 / . 0 / ‰6
ƒ MG‰ ?Z
ƒ / ‰ œ‘L(:6IU: gRS=?GEIC:HGZ`›VYT(;(K6AUR_X; I
Œ L(:6IU:<VYXZIU:Jb2AUL(:Er(IU:<=CK6ICRSr(AURSX;XVªGT(;(RSA{GJIURS`SdRS;hJGJIURwGZ;+AW]1:6ACIURSK|R_=y(X;(:fd)ˆRžh RS;(ˆAUL(:fVYT(;(K6AURSX;
nŠ Œ L(:<; AUL(:­GZT AUL(XZIU=šXV ) ²J3+ GZ=C=CT(]1:&ACL"GJA R_=O]xX;(XZAUX;(:GZ;(y r3X=Q=C:<=C=C:6=GZ`_=CXGK6:6ICA{GZRS;
r(IUXZr:6ICAid&K6X;(K<:6IU;(RS;(ˆšAU:<;(=CXZIWr(IUX7y(T(K‹AHbGZ;(y&ACL(:6d\=CL(Xœ AUL"GJAAUL(:fVYT(;(K6AUR_X
; EXVª=QT(KMLGš]1:6ACICR_K
=UGJAURS=Qz":<=gGfVYT(;(K6AUR_X;"GZ`5:<~T"GJAUR_X;'Š Œ L(:6d™z";(y³f=CX`ST AUR_X;(=?XV2AUL(: :<~T"GJAUR_X;OGZ;(yOAUL(:6dšGJICIURSh+:WGJAg³
K<XZICIC:<=Qr3X;(y(RS;(ˆ™]x:6ACIURSK<=<Š?”gXœ‡:6h+:6I<b'RSAgRS=g;(XZAj=QA{GJAU:<yRS; )µJ² 3+2ACL"GJAgAUL(X=C:]1:6AQIUR_K<=?GJIU:]1X;(XZAUX;(:
XZI}X;(`SdAUL(X=Q:‘VYT(;(K6ACR_X;(=—=CGJAUR_=CVwd|AUL(:VYT(;(K6AURSX;"GZ`":<~7T"GJAURSX;'ŠNP;1GZ;+dEKHGZ=C:Zb |GZ;(y ‡GJIU:X;EACL(:‘`SR_=QA
GZ=?RžAU:<]1= /^GZ;(y³ Š‘NP;,XT IgXZr"R_;(RSX;'bRžA?œ‡XT(`_yO: œ‡XZICACLœ‘L(R_`S:AUX1K<X]xr"`S:6AU: ACL(:GZ;"GZ`Sd7=CR_=‘XV )µJ² 3+
"T AR_;,AUL(RS=?rGJr3:6Igœ‡:|y(Xu;(XZAGJACA{GZKUŸ™AUL(:r(IUXZ"`_:<] XV£K{L"GJI{GZK6AC:6IUR_B<GJAUR_X;XV¬]1X;(XZAUX;(:]1:‹ACIUR_K6=<Š
®gT IgGZR_]¯œGZ=X;(`SduAUXf:‹– rX=C:jAUL(: =QAUGJAU:WXVGJ¤'GZRžIHŠ
pl
!
#
$j'$
n$
3 :AUL IU:<:r3XRS;AU=R_; R-Š Œ L(: moˆ:<Xy(:<=CR_KWK<X;(;(:<K6ACR_;(ˆ GZ;(y R_=AUL(:K<T ICh+:
:‹–7r2ƒ 3 >‰
Œ I-:M– r2ƒ 3 >‰ ƒ43 B ) l Hp,+!‰ œ‘L(:6IU;: ? `SXˆ GZ;(y >@? `_Xˆ 9`_Xˆ Š Œ L(:<; ƒ±l+‰G? b ƒ€p‰G? GZ;(y ƒ±l+‰G?@>Š
Œ L(: moˆ:<Xy(:<=CR_KWK<X;(;(:<K6ACR_;(ˆ GZ;(y R_=AUL(: K6T ICh+:
9 ƒ43QG
‰ ?‚ƒ€:p 9 3Q‰ 3L
? 36ƒO
9 ‰ 4ƒ 3 B )µl Hp,+!‰
œ‘L(R_K{LOL"GZ=?G|A{GZ;(ˆ:<;+A?GJAA ?jl
>
9 ‰<ƒ n‰+" I
9 ƒ±l+G‰ ? 3 `_Xˆƒ 36ƒ 9‰C‰ ? ƒ ‰ " ƒD
, ,
Œ L(:?VYX`_`SXœ‘R_;(ˆIU:<=CT(`žAªRS=—KHGZ`S`_:<yxACL(:ƒ]^GJAQIUR_K<R_GZ`Y‰GZ;"GZ`SXˆT(:-XVAUL(:‘>£dAUL"GZˆXZIU:HGZ;xACL(:<XZIU:<] ƒR_;
AUL(:W=C:<;(=C:WXV ) ² +Y‰‹Š
$ ƒ: ‰ $ ƒ ‰ ? $ ƒ: ‰ E ƒ±l+‰ 9 ƒ±l+‰ ; ƒ 3 I_p‰
NP;šrGJICAURSK<T(`wGJI<b œ‡: L"GHh+:
$
#
" NPV AUL(: m„ˆ:<X7y(:6=CR_KK6X;(;(:<K6AURS;(ˆ GZ;(y R_=XZICAUL(XˆX;"GZ`gAUX“ACL(: ; moˆ:<Xy(:<=CRSK
K<X;(;(:<K‹AUR_;(ˆ GZ;(y GJA AUL(:rXR_;+A b"ACL(:<;
$ ƒ: ‰ $ ƒ ‰ ? $ ƒ: ‰ I
5:6Afb b GZ;(y
ƒ43Q‰G?
>—`_GZR_;™K<X]xr"T A{GJAURSX;d7R_:<`Sy(=
$ ƒ: ‰ $ ƒ ‰ 9 $ ƒ; ‰ ? Œ I >EƒD9 ‰.? E >O9 ;
œ‘L(:6IU: ”auR_;(y(RSKHGJAU:<=AUL(: ”gRS`S3:‹ICAQmPa7K{L(]1RSy AR_;(;(:6I‘r(IUX7y(T(K6A<Š ¡ XZI‘AUL(:=CT r:6IUXZr3:‹I{GJAUXZI
°!
œ‡:WL"Gh+:
E
5;0
,
? E
ΠL(:6IU:<VYXZIU:Jb
E > 9 ; 0
ƒ ‰ " “
ƒ ‰ " ƒ3 I ² ‰
ƒ&‰ 5; I
ƒ3 I /+‰
? E
ƒ
>‰ O9 ; ? E ƒ±l+‰ 9 ƒ±l+‰; pp
!
GZ;(yšAUL(RS=‘K6X]xr"`_:6AC:<=ACL(:Wr(IUXXVXV‡ƒ 1(Š_p‰‡GZ;(yšAUL"GJA‘XV2AUL(:AUL(:<XZIU:6]OŠ
Œ L(:IU:<=QA?XV¬ACL(R_=?=C:6K6AUR_X;RS=?y(:6h+XZAU:<y,AUXfAUL(::‹– AC:<;(=CR_X;,XV Œ L(:<XZIU:<] 37Š_p AUX1ACL(:K<X;+AU:‹– A?XV
h+X;’g:<T(]1GZ;(;|GZ`_ˆ:6(I{GZ=6Š¬a7R_;(K<:£AUL(R_=5rGJICAXV AUL(:£rGJr3:6I@RS=2I{GJACL(:6IRS;(y(:6r3:<;(y(:6;A}XV AUL(:£y(RS¤3:‹IU:<;+AURwGZ`
ˆ:<X]1:‹ACIUR_K]^GZRS;f`SR_;(:Zb+œ‡:‘T(=C:-AUL(:XZr3:6IUGJAUXZIªGZ`Sˆ:6(I{GZRSK‘VYXZIU]1GZ`_R_=Q]‚XVIU:<`_GJAURSh+::<;+ACIUXZrdxy(:6h+:6`_XZr3:6y
R_; )µ²Z0k +—VwIC:<:<`Sd+Šu˜­:xIC:<VY:6IAUXšACL(:^]1X;(XˆZI{GJr"L ) p² +—K<X;(K6:6IU;(R_;(ˆy(:6AUGZR_`_=6Š Œ L(:1y(R_=QK<T(=C=CRSX;/:<`_Xœ
=CL(Xœ-=}AUL"GJA}R_;EAUL(:GZKUŸ7ˆZIUXT(;(y1XV@ƒ 37Š_p‰X;(:KHGZ;1]1:<:‹A}ACL(:‘y(T"GZ`SRSAid3:6Aiœ‡:6:<;1=QA{GJAC:<=—GZ;(yEIU:<`_GJAURSh+:
”jGZ]1RS`SAUX;(R_GZ;(F= ) ² +„Š
5:6A :xG1h+X;\’g:<T(]^GZ;(;)GZ `_ˆ:6(IUG™GZ;(y b -b V!GZRžAUL(VYT(`@;(XZIU]^GZ`F =€A{GJŒ AU:<=<Š ¡ XZIgAUL(:|=UGJŸ+:
XV5=CR_]xr"`SR_K<RžAid+bœ‡:WGZ=C=CT(]1:gAUL"GJA " ' VYXZI‘=QX]1:gr3X=CRžAURSh+: DBšN Š L(R_=]^Gn¦€XZIUR_BHGJACR_X;
K<X;(y(RžAUR_X;ˆT"GJI{GZ;+AU:<:<=AUL(:j:‹–(RS=QAU:<;(K6:XV2GIU:<`wGJACRSh+:g”jGZ]1RS`SAUX;(R_GZ;'bAUL"GJARS=<b AUL(:6IU:jRS= D ? D A B
=CT(K{LOAUL"GJ
A R_=AUL(: ]1RS;(R_]1RSB<:6IXVACL(:WVYT(;(K6ACR_X;"GZ`
$ ƒ @‰ ƒ D ‰
_R ;;(XZA{GJAUR_X; ? ) +&)/l0+±Ša7T r(r3X=Q:ZbVYT ICAUL(:6I^]xXZIU:Zb—AUL"GJAfAUL(:™IC:<`wGJAURžh+:š:<;+ACIUXZrd $ ƒ:@‰R_=
z";(RSAC:ZŠ Œ L(:<;ORžA-K<GZ;š3:XZ(A{GZR_;(:6yšdy(Rž¤3:6IU:6;AUR_GJAUR_X;šXV2AUL(:«X;(;(:<= K<XK6d `S: )!M: M + —GZ=
$ ƒ :@‰ ? R 3 > ?ƒ )!M: M + „‰
> ,
? R ?ƒ )!M: M + )!MF M + i‰
3 ,
y(T(:WACXfAUL(:WKML"GZRS;™IUT(`S:ZŠ—>@:‹IUVYXZIU]1RS;(ˆEAUL(:Wy(RS¤:6IU:<;+AURwGJACR_X;™œª: ˆ:6A
$ ƒ:@‰ ? $ ƒ;‡‰ -ƒ D ‰
œ‘L(R_K{LšAUXˆ:6ACL(:6I‘œ‘RSACL $ ƒ@‰ ? jƒ D ‰ªd R_:6`_y(=
$ ƒ:@‰ ? $ ƒ;‡‰ $ ƒ@‰ ƒ 9‰<ƒ D ‰
ƒ 3 I1‰
GZ;(yfACL(R_=¬K<XZICIU:6=Qr3X;(y(=}AUX1ƒ37Š_p‰‹Š˜ L(:<;EAUL(:‘XZIQAUL(XˆX;"GZ`_RžAPd K<X;(y(RSACR_X;,ƒM9‰<ƒ D ‰G?ljR_=¬VYT(`Sz"`S`_:<y'b
œ‡:WL"Gh+:jAUL(:GZ;"GZ`SXˆT(:WXV2AUL(:W>}d7AUL"GZˆXZIC:HGZ;™AUL(:6XZIU:<]OŠ
p²
!
#
|02
(0
NP;™AUL(RS=‘=Q:<K6AURSX;šK<T IChJGJAUT IU:6=-XV(R œ‘R_`S`3:Wy(R_=CK6T(=C=C:<yOX;AUL(:jGZ=CR_=XV )!/ p,+„Š Œ L(:=QA{GJIQAUR_;(ˆ|r3XRS;A‘R_=
AUL(: 2:‹h Ržmi«Ržh RžA{GK<X;(;(:<K6AURSX; RS;(y(T(K<:<yšduAUL(:W]x:6ACIURSKZŠYƒ©˜ L"GJA‡œ‡:;(:<:<y™L(:6IU: VwICX]¯y(RS¤3:‹IU:<;+AURwGZ`
ˆ:<X]1:‹ACICduR_==QA{GZ;(y"GJICy'bGZ;(yœ‡: VYX`S`_Xœ AUL(:X7XZŸ )/+²+±Š ‰ Œ L(: cX=QA{GZ;+A?VYXZIU]|T(`wG|=UGHd =AUL"GJA
² 'ƒ )‰ ? 'ƒ g‰ ›ƒ ‰9 ›ƒ g‰
ƒk I_p‰
9 'ƒ ) - + g‰ 9 'ƒ )
F- + )‰ 9 'ƒ ) <+ W‰ I
˜ L(:<;ACL(
: 2RS:?(I{GZKUŸ+:6AUF= ) F + ) <+H()
FQ+"hJGZ;(R_=CL'b(GZ=‡RžA‡L"GJr(r3:6;(=œ‘L(:<; •b 1b GJIU:gK<XXZIQm
y(R_;"GJAC:|z":6`_y(=<b}ƒ±k ŠSp‰‘3:<K6X]1:<=g=CRS]xr"`_:6I<Š a7RS;(K<:œ‡:œGZ;+AACXL"GHh+:AUL(:K<X;+h+:<;(R_:6;(K<:xXV@hJGZ;(R_=CL(RS;(ˆ
5R_:x(I{GZKUŸ+:6AC=<bœ‡:xIU:6=QACIURSK6Av XT Iy(RS=CK<T(=C=CRSX;­AUXO`_RS;(:HGJIK<X]"RS;"GJAUR_X;(=WXV‡K<X7XZIUy(RS;"GJAU:fz":6`_y(=ƒ©œ‘RSAUL
K<X;(=QAUGZ;A^K6X7: xK<R_:<;+AU={‰MŠ A{GZ;(ˆ:<;+Axh+:<K‹AUXZI1KHGZ;T(;(R_~7T(:6`Sd“:‹– AU:6;(yŽAUXG)h+:6K6AUXZIxz":6`_yŽœ‘L(R_K{L#R_=
AUL(:1`SR_;(:HGJI K<X]"R_;"GJAURSX;&XVªK6X7XZIUy(RS;"GJAU:xz":<`Sy(= œ-RžAULK<X;(=€A{GZ;AK<X7: xK<R_:6;AU=6Š ¡ IUX]¥;(Xœ X;'b:‹hm
:6ICd,h+:6K6AUXZIjz":<`_y'b5T(=CT"GZ`S`Sdy(:<;(XZAU:6y)
d /b1b b›R_=j=CT r(rX=C:<y&ACX:xGu`_RS;(:HGJIK<X]"R_;"GJAURSX;(=gXV
K<XXZIUy(R_;"GJAU:jz":<`Sy(=<Š
NPV “ƒ)‰ ? > b uƒ )G‰ ? Cu bnGZ;(y ƒ &G‰ ? bAUL(:6;Wœ‡:}T(;(y(:6IU=QAUGZ;(y > E C ;›GZ= E -;<ƒ &‰MŠ
v =C=CT(]xR_;(ˆfACL"GJA Œ I " ? pb(œ‡:R_;(VY:6I
> > Œ
I " " " > " " " " C > E C ;G?
ƒk I ²‰
, > , > Œ
I " " " " > " " " C , ,
VwIUX]AUL(:r:6ICAUT ICGJACR_X;\=C:6IURS:<=jXV}AUL(:|:‹–7r3X;(:<;+AUR_GZ`VYT(;(K6AURSX;'Š®?"=C:6ICh+:|AUL"GJAgAUL(:Aiœ‡XuAU:6IU]1=-X;
AUL(:|IUR_ˆL+AQm„L"GZ;(y&=CRSy(:1GJIU:|=CRS]1R_`_GJIHb':‹–(K{L"GZ;(ˆRS;(ˆ > œ-RžAUL C X;(:fˆ:6AC=VwICX] :<GZKML)AU:6IU]AUL(:EXZAUL(:6I
X;(:ZŠ}[XZIU:<Xh+:6IHb 3XZACLuAC:6IU]1=GJIU:gRS;hJGJIUR_GZ;AT(;(y(:6I‘K6d7K<`_RSK?r3:6IU]|T A{GJACR_X;(=ªXV > C GZ;(y Š}”g:<;(K<:
AUL(:WVYT(`_`›=Qd ]x]1:6ACICd1XV2AUL(:<RžI-=QT(] RS=‘VYX`S`_Xœ-=<Š 8 T(:WAUXEAUL(: =€d ]1]1:‹ACICd+bœª:WL"GHh+:
E -;<ƒ &G
ƒk I /+‰
‰ ? > E C ;I
˜ :?GJIU:?R_;+AU:6IC:<=QAU:<y^RS;1AUL(:?=C:6K6AUR_X;"GZ`K<T IChJGJAUT IU:6=‡XVR-Š&5:6A > C B ƒ R‡‰}GZ;(y^`_:6A 3:
­
h+:<K6ACXZIgz":<`_y(=j=CT(K{LAUL"GJA “ƒ)‰ ? > GZ;(y uƒ)‰ ? C^ Š Œ L(:|=C:6K6AUR_X;"GZ`K<T IChJGJAUT IU:VYXZIjAUL(:r"`wGZ;(:
=QrGZ;(;(:<yOd > GZ;(y C R_=
ƒ >P C| ‰.? E E ; E S ; * 9 ; E 9 E S ; S ;
ƒk I1‰
d™y(:‹z";(RSAURSX;'Š‡a7R_;(K6:
E S
;G? E S ; 9 E ;
E S
;G? E ;9 E ;
p/
!
GZ;(y
E S;G? E 5;.? E S;G?
y(T(:WACXQ) F+?lxGZ;(y•ƒ±k Š/+‰‹b œ‡:L"Gh+:
ƒ >P C| ‰.? E E ; E ; *9 ; E 9 E S; S; I
E S;
ƒk I 3‰
NPV > N?5 > GZ;(y C& ?5 C^ b(AUL(:<;šVwICX] ƒ±k Š/+‰
> E C ;G? E > C C > ;
œ‘L(:6IU:šXZICy(R_;"GJICd/]^GJACICRž–•]|T(`SACRSr"`_RSKHGJAURSX;(=E=€A{GZ;(yŽX;“ACL(:™IURSˆLAQm„L"GZ;(yŽ=CRSy(:ZŠ“˜­:K<X;(K<`ST(y(:šAUL"GJA
T(;(y(:6I?ACL(: GJXh+:K<X]1]|T A{GJAURSX;(=
L
? 1p ƒ > C5 C > ‰ 9 1p Œ I ƒ)‰<ƒ > C C > ‰
ƒk I k+‰
GZ;(yšœ‡:WGJICIURžh+: GJAAUL(:WVYX`_`_Xœ‘R_;(ˆ
$
(# "# 5:6A > C B ƒ R‡‰‡3:XZICAUL(X;(XZIU]^GZ`ŠNPV > ? > GZ;(y C N
?5 Cu b(AUL(:6;
1( Œ I - ƒ)‰<ƒ > C 9 C > ‰ /
ƒ >P C| ‰<ƒ &‰G?
I
pk
7a RS;(K<:Eƒ > C 9 C > ‰ l bAUL(:?=C:6K6AUR_X;"GZ`K<T IChJGJAUT IU:<=—y(X;(XZA‡:‹–(K6:<:<y,p 01GJA£AUL(:-ACI{GZK6RwGZ`=QA{GJAU:
? l Š—>@X=QRSAURžh+:W=C:6K6AUR_X;"GZ`›K<T IQhZGJAUT IC: œ-RS`_`›GJr(r:HGJI?RSV P /E:<KHGZT(=C:WAUL(:<; > C 9 C > ? lf]^GHd
L"GJr(r3:6;'Š|NiA=C:<:6]1=gAUL"GJAjAUL(:1²")²^KHGZ=C:ER_=j:‹–(K6:6r(AUR_X;"GZ`@VwICX]¥ACL(:ErXR_;+AWXV}h RS:6œ XV£K<T IChJGJAUT IU:ZŠ
F :6KHGZ`_`}AUL"GJAVYXZSI P ? ²šGZ`_`}=C:<K6ACR_X;"GZ`—K6T IChZGJACT IU:<=|GJIU:f=QACIURSK6AU`Sd);(:<ˆ+GJAURžh+:1:‹– K<:6r(AVYXZIACL(:xACI{GZK<R_GZ`
=QA{GJAC:œ‘L(:6IU:AUL(:6duhZGZ;(RS=CL ) p +„Š
’g:‹–7Aœ‡:£K<X]xr"T AU:}AUL(: F R_K<K<RGZ;(y=CKHGZ`_GJIK<T IQhZGJAUT IC:<=@GJAACL(:£ACI{GZK6RwGZ`=QA{GJAU: 'Š5:6A > ! > I I I > @ " 3:GZ;,XZICAUL(X;(XZIU]^GZ`'GZ=CRS=?R_; ƒ R‡‰‘GZ;(yOœ‘IURžAU: > VYXZI > HŠ Œ L(: F RSK<K<R2K<T IChJGJAUT IU:XVAUL(:
y(RSIC:<K6AURSX; > RS=‘:M– r(IU:<=Q=C:<yOdš]1:<GZ;(=‘XV2=C:<K6AURSX;"GZ`›K<T IChJGJAUT IU:<=gGZ=
=
< =?@ > " F R_K£ƒ > >j G‰ ?
Žƒ > > ‰ I
ƒk I 6‰
˜­:=CL"GZ`S`?=C:<:AUL"GJA^AUL(: F RSK<K<R?K6T IChZGJACT IU:)RS=^R_;(y(:6r:<;(y(:<;+AOXV > ƒ±GJA^AUL(:,ACI{GZK<R_GZ`?=QA{GJAC:‰‹Š Œ (L :
IU:HGZ=QX;VYXZI—AUL(R_=ªV!GZK‹A‡R_=—ACL(:?R_;+hZGJICRwGZ;(K<:gXV3AUL(:‘ACI{GZK<R_GZ`=QAUGJAU:?T(;(y(:6IT(;(RSAUGJICdfAQI{GZ;(=CVYXZIU]^GJACR_X;(=<Š Œ X
K<X]xr"T AC:
= P 9•² p @ " = =
=
< =?@ > " <
?
=
>
Žƒ >P !> ‰.? 1 9 pk ²-> > 9 > > > > /
p1
!
œ‡:jT(=C:gAUL(: 5R_XT h RS`_`S:g XZr3:6=I{GJACXZI= ° > = 9 > = GZ;(=yuAUL(:gACI{GZK<:jVYT(;(K6AURSX;"GZ` X V2=QT r3:6IUXZr m
:6I{GJACXZIU=<Š¬˜­: L"GHh+: E ƒ > ‰ > ;.? ² 5ƒ > > 9 > > > > ‰GZ;(y
<@ " = =
=?> E ƒ > ‰ > ;.? ? ²0P I
3:6KHGZT(=C:gƒ4N ‰ ? gƒ > ‰.?l Š}”g:<;(K<:AUL(:WhJGZ`_T(:XVAUL(: F RSK<K<R5K<T IChJGJAUT IU:WR_=
F R_K£ƒ > >j ‰G?
P
9
³
1
I
ƒk I +³ ‰
Œ L(:‘=QKHGZ`wGJI¬K<T IQhZGJAUT IC:‘RS=AUL(:‘=QT(]‚XVAUL(:=C:6K6AUR_X;"GZ`(K6T IChZGJACT IU:<=}VYXZI—GZ`S`rGZRžIU=¬XVGZ=CRS=@h+:<K6AUXZIU=
GZ;(yORS;™AUL(RS=‘=Qr:<K<R_GZ`2KHGZ=Q:WRžA-:<~T"GZ`_=AUX8P 9ŽpAUR_]1:6=AUL(: F RSK<K<R5K<T IChJGJAUT IU:ZŠ
$
(# # Œ L(: =QKHGZ`wGJI‘K<T IChJGJAUT IU:WXV RšRS=‘ˆRžh+:<;™dAUL(:WVYXZIC]ET(`_G
P 9Žp a7KHGZ`ƒl+‰.? ³ ƒ P 9 1‰
GJAAUL(:AQI{GZK<RwGZ`›=QAUGJAU:WK6XZICIU:<=QrX;(y(R_;(ˆxACX+ ? l Š
”g:<;(K6:AUL(:=CKHGZ`_GJI¬K<T IChJGJAUT IU:‘GJA¬AUL(:‡ACI{GZK<R_GZ` =QA{GJAU:RS=¬rX=CRSACRSh+:VYXZ.I P / ŠNiA¬œGZ=¬K<X;n¦€:<K6ACT IU:<y
R_; )/ ,p +¬AUL"GJA ACL(:x=CKHGZ`_GJIK<T IQhZGJAUT IC:1XV RRS= ]^Gn– R_]^GZ`@GJAAUL(:xAQI{GZK<RwGZ`@ACIUGZK<:,ƒK6XZICIU:<=QrX;(y(R_;(ˆOAUX
? l+‰MŠ Œ L(RS=RS=gK<:6ICAUGZR_;(`Sd™ACIUT(:|VYXZI P ?‚² ) p +@GZ;(yAUL(:6IU:|GJIC:E=QX]1:;T(]1:6IURSKHGZ`:6h7R_y(:<;(K<:6=VYXZI
P ? /fGZ;(y 1D)/ ,p +„Š ¡ XZI PD? / °
ƒ)G‰ ? 8 R_GZˆƒ±l I /J/ 3 {l I/J/J/ {l I /J/+²‰
a7KHGZ`ƒ)G‰ ?@1I ƒ±l I /J/ {l I/J/k {l I /+J² 3‰
1I 6Zk ƒ±l I /k {l I/21 {l I /+‰
1I 3 / 3
ƒ±l I / 3 {l I1 {l I J² 3‰
1I 6J² 3J3Zk
ƒ±l I / 3 {l I 3 {l I_p 3‰
/ I_p / 301 /
ƒ±l I 3 {l I1 {l I_p‰
Jp I_p2k 1 /³
ƒ±l I 6 {l I ² {l I_p‰
9­l I kk³+²Zk 3
ƒ±l I {l I ll p {l I ll ‰
9 3Zk³ I1J² 3
ƒ±l I {l I lll p {l I lll ‰
9 3²7p² I 37p
ƒ±l I {l I lllll p {l I lllll ‰
9 1 3 3Zl p
Œ L(:WrGJr3:‹I )/ ,p +›K6X;A{GZRS;(=-=CX]x:jIC:<=CT(`SAC=-X;™ACL(: =C:<K‹AUR_X;"GZ`›K<T IChJGJAUT IU:6=<bACX7X(Š
˜ L(:<;xAUL(:WƒVYT(`S`Y‰=QA{GJAC:‡=QrGZK<:<=£XVGjK<`wGZ=Q=CR_KHGZ`r(IUXZGJ"R_`SR_=QAURSKGZ;(y1Gg~7T"GZ;+AUT(] =Qr"R_;E=Qd7=QAU:<] GJIU:
K<X]xrGJIC:<y'b3AUL(:|y(RS¤:6IU:<;(K<:ER_;K<T IQhZGJAUT IC:ERS=j:HGZ=QdOAUXuy(:<=QK6IURS:ZŠW˜ L(R_`S:AUL(:|K<`wGZ=Q=CR_KHGZ`=QA{GJAU:|=QrGZK<:
L"GZ=jr3X=CRžAURSh+:|K<X;(=QAUGZ;AWK<T IChJGJAUT IU:Zb›AUL(:|=CKHGZ`_GJI^ƒ©XZIW=Q:<K6AURSX;"GZ`Y‰?K<T IChJGJAUT IU:EXV—G~7T"GZ;+AUT(] =Qd7=QAU:<]
p3
!
KHGZ;:x3XZAUL)r3X=CRžAURSh+:xGZ;(y­;(:<ˆ+GJAURSh+:JŠ Œ L(R_= =QA{GJAU:<]x:<;A R_=RS;(y(:6r3:6;(y(:<;A|XVªACL(:xhZGZ`SR_y(RžAPd\XVªAUL(:
K<X;n¦€:<K‹AUT IU:ZŠONP;AUL(:^=QAUGJAU:1=QrGZK<:^XVGZ;•GZ`Sˆ:6(I{Gšœ‘RSAUL­;(X;+ACIURžh RwGZ`}K<:<;+AU:6IšƒRŠ :ZŠSbR_;ACL(:1r(IU:<=C:<;(K6:
XV §Q=CT r3:6IC=C:<`_:6K6AUR_X;\IUT(`_:6=C¨‰‹b'AUL(:6IU:EGJIU:|=C:‹h+:6I{GZ`ACI{GZK6RwGZ`ACIUGZK<:<=<Š †‡dšAUL(:EGJ3Xh+:E]x:6AUL(X7y'b3œª:EK<GZ;
K<X]xr"T AC:EAUL(:f=CKHGZ`_GJI K<T IQhZGJAUT IC:^GJAWACL(:<]OŠ˜­:fz";(yACL"GJAWAUL(:E=CKHGZ`_GJIK<T IQhZGJAUT IC:xR_=K<X;(=QAUGZ;A X;
AUL(:W=C:6A‘XVACI{GZK<R_GZ`'=QA{GJAU:6=<Š
5:6AT(=jIU:<K<GZ`_`@AUL"GJA G™y(:<;(=CRžAid M RS=WK<GZ`_`_:6y&]1XZIU:E]1R –(:<y,AUL"GZ; MERSV£AUL(:‹IU:x:‹– R_=QAC= GuACI{GZK<:
r(IU:<=Q:6ICh RS;(ˆ=QAUX7K{L"GZ=QACR_K^]^GJr =QT(KML•AUL"GJSA M ? ‡
ƒ MH‰‹b@R_;­;(XZA{GJACR_X; M M,ƒ=C:<: )µJ² 6+„bVYXZI
:‹–(GZ]xr"`_:‰MŠ¬˜:WK<`_GZR_]¯AUL"GJAAUL(:VYX`_`_Xœ‘R_;(ˆxK6X;(y(RSAURSX;(=?GJIU::<~7T(RžhZGZ`S:<;+AHŠ
ƒRw‰ Œ L(: VYT(;(K6ACR_X; 3 a7KHGZ`4ƒ 3 )‰ªR_=‘y(:<K6IU:HGZ=QR_;(ˆ1VYXZ;I 3BšN F GZ;(yšVYXZI-=C:6`_V!GZyn¦€XR_;+A•Š
ƒR_Rw‰^NPV ƒ)‰ Lƒ &‰£AUL(:<;,a7KHGZ`ƒ)‰ a7KHGZ`Lƒ &‰‹Š
Œ L(:xR_]fr"`_R_K<GJAUR_X;“ƒRSRY‰ ƒRw‰-VYX`_`SXœ‘=WVwICX] AUL(:EV!GZK6AWAUL"GJA 4ƒ 3 )‰ 4ƒ 3 )‰?œ-L(:6; 3 3 ŠOƒ v
IU:<=QT(`SA}XV )!/J/0+(=CL(XT(`Syf3:~T(XZAU:<yEL(:6IU:Zb=C:<:‘GZ`_=CXj>}IUXZr›GŠ / Š_p³gR_; )žp² +±Š ‰ Œ XW=C:6: ƒ©RY‰ ƒRSRY‰‹bnœ‡:‡A{GJŸ+:
GZ;(y =QT(KMLAUL"GJA ƒ)‰ Lƒ &‰‹Š˜­:KHGZ;,z";(y\G1=C:<~T(:<;(K<: I I I 9 =CT(K{L
AUL"GJAWAUL(:x=Qr:<K6ACICT(]1=XVª:HGZK{L­K<X;(=Q:<K<T AURžh+:xrGZRSI y(RS¤3:‹IX;(`Sd\R_;)APœªXO:<R_ˆ:6;hJGZ`_T(:<=GZ;(y ƒ ‰
ƒ {‰MŠ}NiAR_=‘=QACI{GZRSˆLAUVYXZIQœGJIUy™ACL"GJAƒRw‰—d R_:6`_y(=
a7KHGZJ` - ƒ ‰ / a7K<GZJ` - ƒ {‰ /
GZ;(y•ƒRSRY‰ªVYX`_`SXœ‘=<Š
NiA‘R_=;"GJAUT I{GZ`'AUXxˆT(:6=C=‘AUL"GJAƒRw‰GZ;(yƒR_Rw‰‡L(X`SyšACIUT(:JŠ
H702
n # # Œ L(:š=QKHGZ`wGJIxK<T IChJGJAUT IU:šRS=f]xX;(XZAUX;(:œ‘RSACL“IU:<=€r3:<K6AxAUX)AUL(:Ž§Q]1XZIU:u]1R –(:<y(¨
rGJICAUR_GZ`'XZIUy(:6IURS;(ˆ1XVy(:6;(=CRSAid™]^GJACIURSK<:<=<Š
Œ L(:jK<X;n¦€:<K6AUT IC:RS]xr"`_RS:<=—AUL"GJA—AUL(:g=CKHGZ`_GJIK<T IChJGJAUT IU:g]^Gn– R_]^GZ`GJAªAUL(:?AQI{GZK<RwGZ`=QA{GJAU:‘3:<KHGZT(=Q:
AUL"GJAER_=AUL(:]1X=QA|]xRž–(:6y'Š Œ L(:rGJIUGZ]1:6AU:6I 3 R_; ƒRY‰ RS=|IUGJAUL(:6IEr"Ld7=CR_KHGZ`b}ACL(:™;(:<ˆ+GJACRSh+:uR_;+h+:6IU=C:
AU:<]fr3:6I{GJACT IU:ZŠ ”g:6;(K<:/ƒRY‰E=UGd7=xAUL"GJA1ACL(:,=CKHGZ`wGJI1K<T IChJGJAUT IU:R_=^GZ;#RS;(K6IU:HGZ=QR_;(ˆ•VYT(;(K6AURSX; XV?AUL(:
AU:<]fr3:6I{GJACT IU:ZŠ Œ L(:WK<X;n¦€:<K6AUT IC:R_=ACIUT(:R_;šACL(:²m±dmP²fKHGZ=Q:Zb(œ-L(:6IC: AUL(:š§Q]1XZIU:j]1Rž– :<y(¨EXZIUy(:6IURS;(ˆ
R_=@h+:6IQd=CR_]fr"`_:ZŠNiA@œGZ=¬;(XZAU:6yfRSD
; ) p +7AUL"GJA@AUL(:‡h+X;E’g:<T(]^GZ;(;|:<;+ACIUXZrdEGZ;(yEACL(:=QKHGZ`wGJI}K<T IChJGJAUT IU:
GJIU:]1X;(XZAUX;(:VYT(;(K6AURSX;(=-XV:HGZK{LOXZACL(:6IHŠ
NP;™ACL(:WrGJr3:‹SI )µ²7,p +„b7AUL(P: WGZT(=C=QRwGZ;šK6T IChZGJACT IU:WœGZ=K<X]xr"T AC:<yšVYXZIAUL(:]1:6ACIURSKfƒ / Š_p 3‰—RS;šKHGZ=C:
XVACL(:‘~T"GZ;AUT(] K<X;+AURS;T(XT(=£R_y(:HGZ`"†‡X=CX;fGZ;(y ¡ :6IU]1RSX;fˆ+GZ=Q:<=?ƒ!APœªXWy(RS]1:<;(=CRSX;"GZ`(]^GZ;(R_VYX`Sy‰GZ;(y
r"L+d =CRSKHGZ`›]1:HGZ;(R_;(ˆEœGZ=‘GJACACIURž"T AU:<yšAUXEAUL(:K<T IChJGJAUT IU:ZŠ
pk
#
!
s ©o
J(! © '0©!M
NP;OAUL(R_=‘=C:<K6ACR_X;Oœ‡:WVYX`_`_Xœ AUL(:V!GZ]1RS`_R_GJI?«ªI{GZ] :‹9 IQm F GZXxrGJACAU:6IC;OXV@]^GJAUL(:<]1GJAUR_KHGZ`=QA{GJAURS=QAUR_K6=S)/212+±b
)/ 3+±Š 2:6Axƒ P‰‘:EGV!GZ]1RS`Sd™XV£=€A{GJAU:<=jXV¬AUL(:|~7T"GZ;+AUT(] =Qd =€AU:<]
GZ;(y)`S:6AgAUL(:rGJI{GZ]1:‹AU:6Ij=C:6A
;
F
3:™GZ;XZr:<;=QT "=C:6A1XVN 9 Š•†ªd/GZ;:<=QACR_]^GJAUXZIœª:™]1:<GZ;GZ; m±AUT r"`_:ƒ I I I 9 ‰XV
XZ"=C:6IQhZGJ"`S:<=<b"AUL"GJA-RS=<b"=C:<`SV_miGZyn¦€XR_;+A?:6`_:<]1:6;AU=‘XV Š Œ L(:W:<=QAURS]^GJAUXZI R_=KHGZ`S`_:<y™T(;"R_GZ=C:<y,R_V
= =
Mƒ G‰ ?3
ƒPp ; ‰ I
ƒ 6 I_p‰
a7R_;(K6:œ‡:|GJIU:RS;AU:‹IU:<=QAU:6y)RS;OAUL(:`_XKHGZ`5:<L"GHh R_XZI?XV¬ACL(::<=QAURS]^GJAUR_X;'b(œ‡:|GZ=Q=CT(]1:AUL"GJA 3 R_=
=CT xK<R_:<;+AU`ždšy(= Rž¤3:6IU:6;AUR_GJ"`_: GZ;(y™AUL(:W`_:<=C=IU:<=QAQIUR_K6ACRSh+:K<X;(y(RSAURSX;
=A
Mƒ A ‰ >
ƒ€p ; ‰
ƒ 6 I ²‰
3 ?
œ‘R_`_`GZ`_=CX^œ‡XZIQŸ3ŠgNPV =CGJAUR_=Qz":6=xƒ67Š ²‰AUL(:6;)RžAjR_=gKHGZ`S`_:<y`_XKHGZ`_`ždOT(;+"RwGZ=C:6yGJA šƒ!3:<RS;(ˆT(;+"RwGZ=Q:<y
]1:HGZ;(=`_XKHGZ`_`žd^T(;+"RwGZ=C:<yGJA‘:HGZK{LšrXR_;+AM‰‹Š
Œ L(:«ªI{GZ] :69 IQm F GZX&rGJAQAU:6IU;ŽK6X;(=CR_=QAC=1XV-z";(y(R_;(ˆ/G&`SXœª:6IxXT(;(y#VYXZI1AUL(:™hJGJIUR_GZ;(K<:OXV-AUL(:
:<=QACR_]^GJAUXZI<Š@[\XZIC:Wr(IU:<K6R_=C:<`žd+b(œ‡: =CL"GZ`S`'z";(yO`_Xœ‡:6I3XT(;(y,VYXZIAUL(: K<GZ;(X;(R_KHGZ`›K<XZICIC:<`wGJAURSX;7mo]^GJAQIURž–
=
= A
A =BA
= A
=
A =A
)Sƒ E 9 Mƒ ‰ 9 Mƒ ‰ ; Q‰ + )Sƒ E ; 9 Mƒ ‰ {ƒ ‰C‰ +
ƒ 6 I /+‰
XVjAUL(:):6=QAUR_]1GJAUXZIHŠ Œ L(:\VYX`_`SXœ‘R_;(ˆ/K<X;(K<:6r(A™XV `SXˆ+GJIURSACL(]1R_KOy(:‹IURShJGJAURSh+:,œ‘R_`S`-3:R_;+h+X`Sh+:6y'Š NPV
31 R_=jG1y(RS¤:6IU:<;+AUR_GJ"`_:|V!GZ]1R_`ždOXV¬=QA{GJAC:<=?AUL(:<;\; RSAU=g`SXˆ+GJIURSACL(]1R_KWy(:6IURShJGJAURžh+:uƒ©œ‘RSAUL,IU:<=€r3:<K6AjAUX
AUL(:gKHGZ;(X;(RSKHGZ`3K<XZIQIU:<`wGJACR_X;uGZ;(yuA{GJŸ+:<;GJA ‰£R_=GZ; m„AUT r"`S:xƒ F! I I I 9 ‰£XV5XZr3:6I{GJACXZIU=ªVwIUX]
=QT(KMLOACL"GJA
=
Mƒ
= >‰ > E =
>F; &9 % ƒ ‰ % ƒ >‰
ƒ 6 I1‰
3 % ?
VYXZI‘:6h+:6ICd > B GZ;(yOVYXZIWp% ; Š
$ # "# 5:6A ?‚ƒ B! I I I 9 ‰@3:gG`SX7KHGZ`S`SdET(;"R_GZ=C:<yu:<=QACR_]^GJAUXZI£VYXZIªAUL(:‘V!GZ]1R_`žd
—XV=QA{GJAU:<=-GJA;3G? +Š v =C=CT(]1:AUL"GJAAUL(:W`SXˆ+GJIURSACL(]1R_Kjy(:6IURžhZGJACRSh+: ?‚ƒ F! I I I 9 ‰:M–(R_=€AU=<Š
ΠL(:<;
=
= A
A =BA
= A =A
E
E
)Sƒ
9 % ƒ ‰ 9 % ƒ ‰ ; M‰ + )Sƒ ; M‰ +H" R_;AUL(: =Q:<;(=C: AUL"GJAAUL(:Wy(RS¤:6IU:<;(K<: R_=r3X=CRžAURSh+:=C:<]1RSy(:6z";(RSAC:ZŠ
Œ L(:‡T(=QT"GZ`r(IUXXVXV ACL(:«‡I{GZ] :69 IQm F GZX-rGJACAU:‹IU;|]^Gd3:—VYX`_`_Xœ‡:<yœ‘L(R_K{L|R_=`SR_;(:HGJI@GZ`_ˆ:6(I{G
GZ=C:<yšX;šAUL(:jIU:<`wGJACR_X;
=
= A
=BA
E 9 ƒ ‰ ‰ ; ?
I
%
p6
!
Œ L(R_=R_]xr"`SR_:<=AUL"GJAAUL(:PgI{GZ] ]^GJACIURSK<:<=‘GJIU:R_;™ACL(: =QA{GJAC:<y™IU:6`wGJAURSX;­ƒK<VoŠ )/212+±b r›Šª²J6Zk+‰MŠ
Œ L(:WRS;(VYXZIU]^GJAURSX;uR_;(:<~T"GZ`_RSAid^XV›AUL(:gr(IU:6h7R_XT(=‡AUL(:<XZIC:<] R_=‡A{GZR_`SXZIU:<y^AUX|AUL(:jK<X+GJIU=C:6y7moˆZI{GZRS;(:<y
=QA{GJAC:<=‘XVGZ;šXZ"=C:6IQhZGJAURSX;O`_:‹h+:<`±b AUL(:W=CT  ¦€:<K6A-XVAUL(:;(:‹– A‘=C:<K6ACR_X;'Š
NiA‘R_=R_;OXZ= IUy(A :‹I‘AUXf;(XZAU:j= AUL(:WIU:6`wGJA AURSX= ;A
=
= A
A =A
)Sƒ % ƒ
‰ 9 % ƒ ‰ % ƒ ‰‰ + )_ƒ E 9 % ƒ ‰ 9 % ƒ ‰ ; U‰ +
ƒ 6 I 3‰
œ‘L(R_K{LR_=xAUL(:,K6X;(=C:<~7T(:6;(K<:XV?AUL(:,R_;(:<~T"GZ`_RžAPd E G ; gLƒ ‰fVYXZIG=C:<`SV_miGZyn¦€XRS;A ƒ=C:<:
)žp0³ +—XZI )žp +£VYXZIEy(:6A{GZR_`S=XV‡AUL(:†‡XˆX`_R_T Xh)R_;(:6~7T"GZ`_RžAid"‰‹Š•ƒ 67Š 3‰RS=|GZ;•R_;(:<~T"GZ`_RSAid)3:6Aiœ‡:<:6;/AUL(:
KHGZ;(X;(RSKHGZ`(K<XZICIU:6`wGJAURSX;7mo]^GJACICRž–GZ;(yfAUL(:]1XZIU:‡=€A{GZ;(y"GJIUyEK<XhJGJIUR_GZ;(K<:‘]1GJACIURž–3Š2”g:6;(K<:ACL(:ACL(:<XZIU:<]
d RS:<`_y(=£GW`SXœª:6I£XT(;(y1VYXZI}AUL(:-K<XhJGJIURwGZ;(K<:]^GJACICRž–EGZ=¬œ‡:<`S`""T A£AUL(R_=}=C:<:6]1=£`S:<=C=£T(=C:<VYT(`±Š¬’gXZAU:AUL"GJA
AUL(:WKHGZ;(X;(R_KHGZ`›K<XZIQIU:<`wGJACR_X;7mo]1GJACIURž–uGJr(r3:HGJIU:6y,GZ`SIU:<GZy d™RS; ) +„Š
¢¬– AU:<;(=QR_X;XV7ACL(:«‡IUGZ] :69 IQm F GZX-RS;(:<~7T"GZ`SRSAidjœGZ=@GIU:HGZ=CX;AUX-R_;+ACIUX7y(T(K6: F RS:<]^GZ;(;(RwGZ;W]1:6ACICR_K<=
X;OAUL(:=QAUGJAU:=QrGZK<:JŠ ¡ XZI-:‹–"GZ]fr"`_:Zb"AUL(:]1:6AQIUR_K XV
ƒ 1(Š 3‰K<XZICIU:<=€r3X;(y(=gAUX1AUL(:=QXJmoKHGZ`S`_:<y,IURSˆLA
`_Xˆ+GJICRSAUL(]1RSKgy(:6IURžhZGJAURžh+:Zb(œ-L(RS`_: ‘XVƒ / Š_p 3‰—RS=‘AUL(:=Qd7]1]1:6ACICR_B<:<yK<XZICIC:<`wGJAURSX;'b(=C:<H: )/21($b / 37b'p +„Š
#
7
Ž?#t4<7
(©© 7
˜­:‡=QAUGJIC; A@AUL(R_=@=Q:<K6AURSX;|d|GgK<X;(K<RS=C:=CT(]1]^GJIQd XV"=CX]1:‡RSy(:HGZ=@XV )6+±Š 2:‹A ?‚ƒ I I I 9 ‰
3:OGZ; m±AUT r"`_:OXVgXZ"=Q:6IChJGJ"`_:<=^XVjG&~T"GZ;ACT(] =Qd7=QAU:<]OŠŽ˜:O]^GHd/ACL(R_; Ÿ/AUL"GJA1AUL(X=C:OGJIU:™AUL(:
XZ"=C:6IQhZGJ"`S:<=Wœ‘L(X=C:x:M– r3:6K6A{GJAURSX;)hJGZ`_T(:<= GJIU:f=QT r(r3X=C:<yACX™3:EŸ ;(Xœ-;)VwIUX] ]1:HGZ=CT IU:6]1:<;+AU=<Š ]1:HGZ;(=‘GZ;§QXZ"=C:‹IChZGJACR_X;š`S:6h+:<`S¨(by(:<GZ`_R_;(ˆfœ-RžAULšX;(`ždACL(:<=C: XZ"=Q:6IChJGJ"`_:Wœª:WIU:<ˆ+GJICyšAUL(: K6X`_`_:6K6AUR_X;
ƒ
! I I I 9 ‰GZ=^§€IU:6`_:6hJGZ;A-XZ"=C:6IChJGJ"`_:6=C¨(Š Œ L(:W:‹– r:<K6A{GJACR_X;šhJGZ`_T(:<:= 3 ? ƒ43 ( 3 I I I 3 9 ‰‡XV
AUL(:jIU:<`S:6hZGZ;+A‘XZ"=C:6IChJGJ"`_:<=d RS:<`_yšGZ;šR_;(K6X]xr"`_:6AC:y(:6=CK6IURžr(AUR_X;™XV2AUL(: GZK6AUT"GZ`'=QA{GJAC:WXV5AUL(:W=€d =QAU:6]Ob
AUL(:6IC:GJIU:= =C:6h+:6IU= GZ`2=QAUGJAU:<= /=UGJAURS=CVwd RS;(ˆfAUL(:WK<X;(=QACIUGZR_;+AU=
‡ƒ .‰ ?3 VYXZI p ; -XZI‘=CL(XZICAU`žd ‡ƒ).‰ ?3I
ƒ³ I_p‰
a7R_;(K6:AUL(:‡h+X;|’g:<T(]^GZ;(;E:<;+ACIUXZrd $ RS=£GZ;ET(;(K<:6IQA{GZR_;+Aid|]1:HGZ=CT IU:Jb+ACL(:=€A{GJAU:‡K<X;+A{GZR_;(RS;(ˆACL(:`S:HGZ=QA
r3X=Q=CRS"`S: R_;(VYXZIC]^GJAUR_X;šGJ3XT A‘AUL(: RžICIU:<`S:6hZGZ;+A?XZ"=Q:6IChJGJ"`_:<=?RS=‘AUL(:WX;(:Wœ‘L(R_K{L,]^Gn– R_]1RSB<:<=ªAUL(: h+X;
’g:<T(]^GZ;(;&:<;AQIUXZrd)T(;(y(:6IAUL(:fK<X;(=QACIUGZR_;+Auƒ±³ ŠSp‰‹Š Œ L(R_=WR_=WACL(:x`_:<GZ=QA "R_GZ=C:<yr(IU:<y(RSK6AURSX;VYXZI AUL(:
GZK6AUT"GZ`5=QA{GJAC: XVAUL(:AUXZA{GZ`›=Qd =€AU:<]OŠƒ©˜ L"GJA-œª:VYX`_`SXœ L(:6IU: R_=‘ACL(:]^Gn–(RS]|T(]¯:<;AQIUXZrd™r(IUR_;(K6RSr"`_:
GZy h+X7K<GJAU:<y1duq+Gd7;(:<=‡GZ;(yuXZAUL(:6IU=6b =C:<: ) ³ b /0k +!‰MŠ˜ L(:<;=QA{GJAC:<=ªK<XZICIC:<=Qr3X;(y^AUXy(:6;(=CRSAid^]^GJAQIUR_K<:6=<b
AUL(:?=QX`_T AURSX;1XV3AUL(:gGJXh+:?:M– ACIU:6]ET(] r(IUXZ"`S:<] RS=ªGZ]1X;(ˆ ACL(:?ˆ:<;(:6I{GZ`SR_B<:6y^KHGZ;(X;(R_KHGZ`=QA{GJAURS=QAURSKHGZ`
XZr3:‹I{GJAUXZIU=
=?> = =
ƒ
)‰ Œ :‹–7r - 9 =9 > = / =
ƒ
B™N F 9 ‰
ƒ³ I /+‰
I-:M– r - /
K<VoŠ )/ 6+±ŠWNPV Œ I ƒ &‰ ? 3‘AUL(:<; ƒ &‰?RS=jACL(:fT(;(RS~7T(:E]^Gn–(RS]1R_B<:‹IjGZ;(y)œ‡:|œIURSAU:AUL(RS= ­GZ=
ƒ 3C‰MŠ v =C=CT(]1RS;(ˆ\ACL"GJA ƒ 24ƒ 3Q‰ )‰ R_=Ey(:6z";(:<yœ‘L(:<; 3R_=EGZ;XZr:<;=C:‹A R N F 9 b£œª:™XZ(A{GZRS;G
p³
!
rGJI{GZ]1:‹AU:6IURSB<:<yV!GZ]1RS`Sd,XV—=QA{GJAU:<= UŠ ?RS=AUL(:EIU:<y(T(K<:6y/XZIWK<X+GJIU=Q:‹moˆZI{GZRS;(:<y­=QA{GJAC:ZbRžAU=W:6;ACICXZrd
$ ƒ P‰ERS=1KHGZ`_`S:<yŽAUL(:šIC:<`_:6hJGZ;+A^:<;+ACIUXZrd ƒVYXZI1AUL(:šXZ"=C:6IChJGJAUR_X;#`S:6h+:<` )‰‹Š ’gXœ G F RS:<]^GZ;(;(RwGZ;
]1:6AQIUR_KjR_==CT r(r"`SR_:<yOduAUL(: ”g:<=Q=CRwGZ;O]1GJACIURž–^XV2AUL(:IU:<`_:‹hZGZ;+A-:6;ACICXZrd™VYT(;(K6AURSX; 3 $ ƒ P‰M°
=A
$ = ƒ A P‰ A 4ƒ= 3Q‰
ƒ43Q‰.?E9 3 3 ? 3 I
ƒ³ I1‰
=BA
«‡X;(KHGh7RSAid1XV›AUL(:?IU:6`_:6hJGZ;A:6;ACICXZrduˆT"GJI{GZ;+AU:<:6=ACL"GJAWƒ ‰—RS=ªr3X=CRžAURSh+:-=C:<]1RSy(:6z";(RSAU:JŠ?ƒ v K‹AUT"GZ`_`žd+b
RSA‘R_=‘y(:6z";(RSAC:ZbRžAU=-RS;h+:6IC=C:GJr(r3:<GJIU=-3:6`_Xœ Š ‰ Œ L(RS= F RS:<]^GZ;(;(R_GZ;O]1:6ACICR_Ky(:6z";(:<=-AUL(: ˆ:<X]1:6ACIQduXV
]^Gn– R_]^GZ`3T(;(K6:6ICA{GZRS;Aid,VYXZI?ACL(:ˆRSh+:<;,`S:6h+:<`2XV@XZ"=C:6IChJGJAUR_X;'Š’g:‹–7A-œ‡::‹–7r"`wGZRS;OL(Xœ RSA?R_=‘IC:<`wGJAU:6y
AUXEAUL(:WK6X;AU:6;AgXVa7:<K6AURSXQ
; /Š
˜­:-K<X;(=CR_y(:‹IªAUL(:?KHGZ=Q:?XV3K<X]xr"`S:6AU:‘XZ"=C:6IChJGJAUR_X;'°ƒ ( I I I 9 ‰¬œ‘R_`S`:‘AUL(:?K6X`_`_:6K6AUR_X;
XV¬]^GJACIURSK<:<=ƒ / Š ²‰‹Š Œ L(:‹IU:R_=gX;(`ždOX;(:y(:<;(=CRžAiQ
d M ‡œ‘L(R_K{L=UGJAURS=Qz":<= Œ I M ? 3Mb3;"GZ]x:<`Sd M ?
N 0 P' 3 GZ;(y•ACL(R_=]|T(=QA3:^AUL(:^y(:6;(=CRSAid•XV‡AUL(:“§€IU:<y(T(K<:6y(¨)=QAUGJAU: {Š Œ L(:uK<XZICIC:<=Qr3X;(y(:6Œ ;(K<:
3 M @œ‘L"GJAªœ‡:gL"GHh+:jGJICIURžh+:<yGJA‡R_=5¦€T(=€A‡AUL(:jG 1;(:?rGJI{GZ]x:6AU:6IURSBHGJAURSX;1XV'AUL(:g=QA{GJAU:-=QrGZK<:ZŠ L(:
IU:<`S:6hJGZ;A-:<;AQIUXZrdK<XRS;(K<R_y(:6=-œ-RžAUL™ACL(:h+X;™’g:<T(]^GZ;(;š:6;ACICXZrdšGZ;(y•ƒ±³ Š 1‰ªIC:<y(T(K<:<=-ACX,ƒ / ŠSp 1‰‹Š
’gXœ œ‡= :jL"GHh+:= G|`SX7XZŸ1GJAª; AUL(:jK<X+GJIU=C:MmoˆZI{GZRS;(:<y™=€A{GJAU:<
= ¬VwIUX] AUL(:?h7R_:6œr3XRS;AXV5:<=QAURS]^GJAURSX;'Š
a7R_;(K6: Mƒ .‰ ?3 ƒPp ‰‹b R_=‘GZ;šT(;+"RwGZ=C:<y,:6=QAUR_]1GJAUXZIVYXZI‘ACL(:WV!GZ]1RS`Sd UŠ¬˜ L"GJA-RS=AUL(:
K<XZICIC:<=Qr3X;(y(RS;(ˆ1`_Xˆ+GJICRSAUL(]1RSKgy(:6IURžhZGJAURžh+: 8 T(:WAUXf=CR_]xr"`S:WK6X]xr"T A{GJAURSX;
A> A A
A
A
A
ƒ= 3C‰
= Œ I-:‹–7r >- A 9> A 4ƒ 3Q‰ A / A< 9 > E
?
9
M
ƒ
‰
F
>
;
3 Œ I‘:‹– r - 9 4ƒ 3Q‰ /
3
GZ;(yšœ‡:jz";(yOAUL"GJA
A
=
A
A
ƒ43Q‰G? A< 9> ƒ 9 Mƒ ‰C‰ 3 ƒ4= 3Q‰
I
ƒ³ I 3‰
NP;AUL(R_=KHGZ=C:—AUL(:—R_;(:<~T"GZ`_RSAidWXV Œ L(:<XZIU:<] 67ŠSp—3:6K<X]1:<=GZ;:<~7T"GZ`SRSAid+Š Œ L(:ª]^GJACICRž–WXV AUL(:ªKHGZ;(X;(RSKHGZ`
K<XZICIC:<`wGJAURSX;™RS=‘RS;h+:‹IU=C:WACX Š ¡ IUX] AUL(:r3XRS;AXVh7R_:6œ XV2=QA{GJAURS=QAURSK<=<b AUL(:WXZ"=C:6IChJGJAUR_X;™`_:6h+:6`5RS=GZ;
: xK<R_:<;+A:6=QAUR_]1GJAUXZIjVYXZIWACL(:fV!GZ]1RS`Sd,XV£K<X+GJIU=C:MmoˆZI{GZRS;(:<y=QA{GJAC:<=<b›œ-L(RSKML)`_XXZŸ`_RSŸ+:EGZ;):‹– rX;(:<;ACRwGZ`
V!GZ]1RS`Sd+Š
Œ L(:g]^Gn–(RS]|T(]‚:<;AQIUXZrd1]1:6AUL(Xy1= R_=—IC:<=QACIURSK6AU:<y1ACX AUL(:gKHGZ=C:‘œ-L(:<;)ƒ±³ Š /+‰¬L"GZ=GW]1:HGZ;(R_;(ˆ(b=CX(b
VYXZI|:‹–(GZ]xr"`_:ZbGZ`_`}AUL(:^XZ"=C:6IChJGJ"`_:6= ]|T(=QAL"GHh+:^y(R_=QK6IU:6AU:^=€r3:<K6AQIUT(]OŠ­ƒ Œ L(RS=r3XR_;+ARS=]1X=QAU`žd
Xh+:6IU`_XXZŸ+:<yR_;uAUL(:j`_RSAC:6I{GJAUT IU:JŠ ‰˜ L(:<;™AUL(:gIU:<`_:‹hZGZ;+A-:6;ACICXZrdR_=RS; z";(RSAU:Zb(X;(:L"GZ=‡AUXEL"Gh+:WGZ;Ž§CG
r(IURSXZIUR_¨^=QAUGJAU: AUX^]^GJŸ+:r(IU:<y(RSK6AUR_X;'ŠEƒ©¢£h+:<;Oœ‘L(:<;,AUL(:IU:<`S:6hJGZ;Aj:<;+ACIUXZrd,RS=-z";(RSAU:Jb3X;(:KHGZ;L"Gh+:
G“§€"RwGZ=C¨(b›VYXZIW:‹–"GZ]xr"`S:Zb'AUL(:|=QA{GJAU:EXV£ACL(:f=Qd7=QAU:<]Ÿ7;(Xœ‘;&VwICX] G^r(IU:6h7R_XT(=XZ"=C:6IChJGJAURSX;'Š ‰ Œ L(:
IU:<`_GJAURSh+:^:6;ACICXZrd•RS=ERS;h+:6;AU:6yVYXZIET(=C:R_;­AUL(X=C:uKHGZ=C:6=Eœ‘L(:<;ŽGZ;“GOr(IUR_XZICRª=QA{GJAU:uRS=fGJA|y(RS=Qr3X=CGZ`±Š
8 :6A{GZRS`_=1GJIC:šXT A1XV‘AUL(:š=CK6XZr3:OXV?XT Ifr(IU:<=C:6;Auy(RS=CK<T(=C=CRSX;Ž"T AxAUL(:‹d“œ‘R_`S`‘GJr(r:HGJI^RS;#G)VYT AUT IC:
r"T "`_RSKHGJAURSX;'Š˜­:;(XZAU:OAUL"GJA1AUL(:,IU:6`wGJAURžh+:O:<;+ACIUXZrd#r(IUR_;(K<Ržr"`_:,RS=uGJr(r(IUX+GZK{L(:<y RS; GZ;XZr:6I{GJAUXZI
GZ`_ˆ:‹(I{GZR_KjACIU:HGJAC]1:<;+A‘RS; )/0³ +±Š
p
!
s ›x© '
34 # Œ L(:fGZT ACL(XZIWRS=jˆZI{GJAU:<VYT(`AUXu>}IUXVY:<=C=CXZIa7LT(;7m„NPK{L(R v ]^GJICRVYXZIR_;+h RžAUR_;(ˆ
L(R_] AUX\AUL(:šRS;AC:6IUy(R_=QK<RSr"`SR_;"GJICd•œ‡XZICŸ7=CL(XZr §€NP;(VYXZIU]^GJACR_X;“GZ;(y :6X]1:6ACICd7¨&GZ;(y“AUL"GZ; Ÿ =|AUX&=Q:6hm
:6I{GZ`ªrGJIQAUR_K<RžrGZ;AC=fVYXZIf=QAURS]ET(`_GJAUR_;(ˆy(RS=CK<T(=C=CRSX;(=<Š Œ L(RS=Eœ‡XZIQŸ­œGZ=ErGJIQAURwGZ`S`Sd­=CT r(rXZICAU:<y“d­AUL(:
”gT(;(ˆ+GJIUR_GZ;š’jGJAURSX;"GZ` ¡ XT(;(y"GJAURSX;šVYXZIga7K<R_:<;+AURžz"K F :6=C:HGJIUK{L'bˆZIUGZ;A‘’gX(Šp ll Š
^7o
n7 4
" «gŠ F Š F GZX(bg§€N€;(VYXZIC]^GJAUR_X;&GZ;(y/GZK<K<T I{GZK6dGJACA{GZRS;"GJ"`_:xRS;&AUL(:^:<=€AUR_]^GJACR_X;&XV‡=€A{GJAUR_=€AUR_KHGZ`@rGnm
I{GZ]x:6AU:6IU=Q¨(b"†T(`S`±Š—«GZ`SK<T ACA{G Š¬[\GJAUL'Š—a7X7KZŠ ƒ€p 1 3‰Mb r(r›Šª³ p p
aŠ v ]^GJIUR
b ! #"$ % $ &'! $ ! $ b 2:6K6AUT IU:™’gXZAU:<=ER_;#aAUGJAHŠ
ƒ„ar(ICR_;(ˆ:6IHb†‡:6IU`SR_;'b(”g:<RSy(:<`S:6IUˆ(b"’g:6œ —XZICŸ"‰?p ³ 3
( }Š }Š«GZ]xr(:<`_`bg§ Œ L(:fIU:<`_GJAUR_X;)3:6Aiœ‡:<:6;­R_;(VYXZIU]^GJACR_X;)ACL(:<XZICd&GZ;(y­y(RS¤3:‹IU:<;+AURwGZ`}ˆ:<X]1:6AQICd
GJr(r(IUX+GZK{LšACXx=QA{GJACR_=QAURSK<=C¨(b(NP;(VoŠªa7K6R_:<;(K<:6=<b ƒPp ³ 3‰‹b r(r›Š-p ²7pl
) F Š ¢-Š"cWGZ=C=<b Œ L(:Wˆ:<X]1:6AQICd^XV@GZ=Qd7]xr(AUXZAURSKgR_;(VY:6IC:<;(K<:Zb3aA{GJAHŠ—a7K<R±Š ƒPp ³ ‰‹b r(r›Š-p2
³ 1 2² /21
F Š aŠ£NP;(ˆ+GJIUy(:6;'b EŠ—a GJAUX(b‡cEŠ‡a7T(ˆ+GHœG b[•Š£cWGœ‡GZˆT(KML(Rb1§€NP;(VYXZIU]1GJAUR_X;/AUL(:6IU]1Xy d ;"GZ]1RSK<=
GZ;(yOy(Rž¤3:6IC:<;ACRwGZ`›ˆ:<X]1:6AQICd ¨(b Œ :6;(=CXZIHb ƒ€p 6 ‰‹Š@r(r›Š /21 6* / 32/
( F Š aŠ'NP;(ˆ+GJIUy(:<;'b5”Š2q+GZ;+d =CB6:6Ÿ3b v Š'cWX=Q=UGJŸ+Xœ‘=QŸ7R±b Œ Š›cWGœ‡GZˆT(KML(Rbg§€NP;(VYXZIU]^GJACR_X;ˆ:<X]1:6AQICd
XV~T"GZ;ACT(] =€A{GJAUR_=€AUR_KHGZ`'=€d =QAU:6]1=C¨(b Œ :<;(=CXZI<b ƒ€p ³+²‰‹Š@r(r›Š-pl 3*ppp
F Š7†GZ`_R_GZ;'b EŠ v `_L"GZ=C=CRSy'b7”Š F :6R_;(L"GJIUy AHb§ 8 R_=C=CRžrGJAUR_X;fR_;f]^GZ;dm„X7y d|=Qd7=QAU:<]1=6° v ˆ:<X]x:6AQm
IURSK GJr(r(ICX+GZKMLOGZ=Q:<yOX;šRS;(VYXZIU]^GJAURSX;ACL(:<XZICd ¨(b">£Ld7=<Š F :6r›Š " " ƒPp ³k+‰‹b'p p 1+k
( ¢‘Š Œ ŠHq+Gd7;(:<=<b'§€NP;(VYXZIU]1GJAUR_X;gAUL(:<XZIQdGZ;(y =QA{GJACR_=QAURSKHGZ`Z]1:6KML"GZ;(RSK<=<ŠNQN€¨(b>£Ld7=<Š F :‹h3Š ",+ ƒ€p 3Zk+‰Mb
r(r›Š‘p 67p p l
.- F ŠcT 3X(b Œ L(: "T(K6AUT"GJACR_X;7moy(RS=C=CRžrGJAUR_X;šACL(:<XZIU:<]Ob F :6r›Š—>}IUXˆ(Š}>—L+d =<Š - ƒ€p kk+‰‹bJ
² 3J3mi²Z2³ 1
",+( 8 Š>@:‹AUBZb‡§ gT"GZ=CR mo:<;+ACIUXZr"RS:<=gVYXZIg=QA{GJAC:<=?XV@Gxh+X;O’g:6T(]^GZ;(;GZ`_ˆ:6(IUGZ¨(b>£T "`±Š F NP[)aOcd+XZAUX
eg;(Ržh3Š ƒ€p ³ 3‰‹b r(r›Š 6Z³ 6*7³ll
"$"/ 8 Š(>@:6AUBJb}§ jT"GZ=CR mo:<;+ACIUXZr"RS:<=VYXZIz";(RžAU:~7T"GZ;+AUT(]¯=Qd =€AU:<]1=C¨(b F :6r›Š}[\GJAUL'Š£>£Ld7=<Š " ƒPp ³k+‰‹b
r(r›Š 3J6*7k 3
" ¢‘Š >@Š+˜ RSˆ;(:6IHb([•Š [•Š ªGZ;"GZ=C:Zb@§€N€;(VYXZIC]^GJAUR_X;xK<X;AC:<;AXV›y(RS=QACIURž"T AUR_X;(=C¨(b7>£IUXKZŠ@’jGJAHŠ v KHGZy'Š
a7K<RŠ—ea v - ƒ€p Jk /+‰‹b r(r›Š plnm p³
" ”ŠH”jGZ=C:6ˆ+GœG b§ 5m„y(RSh+:6IUˆ:6;(K<:£XVAUL(:¬;(X;7moK<X]x]ET AUGJAURSh+:@RS;(VYXZIU]^GJAURSX;ˆ:6X]1:6ACICd7¨(bH]^GZ;T(=CK6IURžr(A
²Zl
!
NMŠªGn¦€y"G b ( $ " ƒcW`STœª:6IHb 8 XZIUy IU:<K{L+AM‰Wp ³ " ¢‘Š ”Š 2RS:6›bg§U«‡X;+h+:‹–&AQI{GZK<:xVYT(;(K‹AUR_X;(=GZ;(y)AUL(:f˜ R_ˆ;(:6I€m ªGZ;"GZ=C:‹m 8 d7=CX;­K<X;n¦€:<K6ACT IU:<¨(b v y7m
hJGZ;(K<:<=?RS;š[\GJAUL'Š "" ƒ€p 62/+‰‹b r(r›Šª²Zk 6* ²Z³³
" [•Š v y(:<`_]^GZ;'b2q(
Š |Š2«‡XZIC3:6AQAHb@«gŠ v Š›”gT IU=QA<bg§ Œ L(:xˆ:<X]1:‹ACICd\XV—AUL(:f=QA{GJAU:f=QrGZK<:<¨(b ¡ XT(;(y'Š
>£Ld7=<Š ƒ€p /+‰‹b(r(r›Šª²7pp6mi²2² /
" ®Š†ªI{GJAQAU:<`_Rb 8 Šµ˜ Š F XZ"R_;(=QX;'
b ) ' $ " , $ ! $ !& ( $ Ub
ƒ„ar(ICR_;(ˆ:6IHb’g:6œ —XZICŸ3b"†‡:6IC`_R_;'b(”g:6R_y(:<`ž3:6IUˆ‰gp ³ p
" - 8 Š+>@:6AUBZb EŠ Œ XZACL'b§ Œ L(:-†‡XˆX`SR_T 3Xh|R_;(;(:‹I—r(IUXy(T(K6A—RS;1~7T"GZ;+AUT(] =QA{GJACR_=QAURSK<=C¨(
b 5:6ACAHŠ¬[\GJAUL'Š
>£Ld7=<Š ƒ€p /+‰‹b(r(r›Šª²Zl 3* ²7pk
+( ¢‘Š ¡ RSK{Ÿb |Ša GZT(:6IU]1GZ;(;'
b $ &'! $ ! $ " $$ $ ƒ„ar(IUR_;(ˆ:‹IHb†‡:6IU`SR_;'b
”g:<RSy(:<`S:6IUˆ‰gp l
"/ ”Š+q+GZ;+d =CB<:‹Ÿ3b2§U®j;|AUL(:ˆ:<X]1:6AQIUR_KHGZ`=QACIUT(K‹AUT IU:XVAUL(:ˆ:<;(:‹I{GZ`_RSB<:<yx~T"GZ;ACT(] RS("=}=QA{GJAC:<=C¨(b
F :6r›Š—[\GJAUL'Š}>—L+d =<Š ƒ€p ³k+‰‹b r(r›Špp p J, v ŠegL(`S]^GZ;(;'b§ Œ L(:]x:6ACIURSK1XV†T IC:<=EGZ;(y/AUL(:uˆ:<X]x:6ACIURSKxr"L"GZ=C:<¨(b}R_
; , $
" " $ "!$#$#%! br(r›Š,²Zk 6* J
² 601(b:<y(=<Š F Š jR_:<`S:6I{GJŸ:‹A|GZ`±Š&ƒc`_T+œ‡:6IHb
8 XZIUy IU:6KML+AM‰Wp ²
’Šµ’Š'«
& :6;(K<Xhb & $ ' " $ $ " % $ ƒ v ]1:6IHŠ¬[\GJAUL'Š—a7X7K<RS:6Aid+b
>}IUXh7R_y(:<;(K6:‰p ³+²
[•Š 8 Š2«‡L(XR±b‘§Ua7X]1:EGZ=C=CXZICAC:<y&RS;(:<~7T"GZ`SRSAURS:<=WVYXZIr3X=QRSAURžh+:E`SR_;(:HGJI]^GJr"=jX;«?DHmoGZ`_ˆ:6(I{GZ=Q¨(bq(Š
®?r3:6IUGJAUXZI Œ L(:<XZICd ƒ€p ³l+‰‹b r(r›Š‡J² 67p ²Z³ 3
, ¢‘Š v Š[\XZICXB<XhJG b3’Šµ’Š(«‡
& :<;(K<Xh3b3[\GJICŸ+Xh R_GZ;,R_;+hZGJICRwGZ;+Agˆ:<X]1:6AQICdšX;,]1GZ;(R_VYX`_y(=-XV}=€A{GJAU:<=C¨
Fƒ T(=C=CR_GZ;‰‹bNiAUXˆR'’jGZT Ÿ7R'R Œ :<L(;(RSŸ7R ƒ€p l+‰‹b r(r›Š—k pl+²
”Š v I{GJŸ Rb'§ F :<`wGJAURžh+:£”jGZ]xR_`SACX;(RwGZ;VYXZI@V!GZRSAUL(VYT(`;(XZIU]^GZ`+=QA{GJAC:<=XV"G‘h+X; ’g:<T(]^GZ;(;GZ`Sˆ:6(I{GZ¨(b
>£T "`±Š F NP[)ašcd+XZAUXEeg;(RShŠ - ƒ€p 62/+‰‹b r(r›Špk 3* ²Zl >@Šµ[/Š v `S:6ICAURb v ŠegL(`S]^GZ;(;'b $ !&% " " *) $ $ ! + $
", & - /. %E0ƒ j¢ª† 8 :6T AU=CK{L(:61
I £:6IU`_GZˆE˜ R_=C=6Š_b†‡:6IU`_RS;‰jp ³ p
”Š v I{GJŸ Rbª§ F :<`wGJACRSh+::<;AQIUXZrdOVYXZI?=QA{GJAC:<=?XVh+X;O’g:<T(]1GZ;(;GZ`_ˆ:6(I{GZ=6b>£T "`±Š F NP[)aOcd+XZAUX
eg;(Ržh3Š "" ƒ€p 6Zk+‰‹b r(r›Š£³l 7J³ /J/
- 8 Š3>@:6ACBZb§ v hZGJICRwGJAURSX;"GZ`2:‹–7r(IU:<=C=QR_X;\VYXZIgAUL(:IU:<`_GJAURSh+::6;ACICXZrd7¨(b5«X]1]|T(;'Š?[\GJAUL'Šg>£Ld7=<Š
"$" ƒ€p ³³+‰‹b(r(r›Š /21 3* /21+³
" ,
²7p
!
[ Š q(Š 8 X;"GZ`Sy'b§ F :<`wGJAURžh+:1”jGZ]1RS`SAUX;(R_GZ;&œ-L(RSK{LGJIU:u;(XZAXT(;(y(:<yVwIUX] GJXh+:6¨(b£q(Š ¡ T(;(K‹m
•
AURSX;"GZ` v ;"GZ`±Š - " ƒ€p l+‰‹b r(r›Š‘p 1 / p62/
" , [•Š®gL+dG b 8 Š>@:6AUBJb ) ) " $ $ £ƒ„ar(IUR_;(ˆ:‹IQm £:6IU`_GZˆ(bZ”g:<R_y(:6`S3:‹IUˆ(b†‡:6IU`SR_;'b
’g:6œ —XZICŸ(‰gp /
"/ ¡ Š›”gRwGZRb 8 Š›>@:6AUBJb |Š Œ XZACL'b?§U«‡T IChJGJAUT IU:ER_;&AUL(:Eˆ:<X]1:‹ACICdXVªKHGZ;(X;(RSKHGZ`¬K<XZICIU:6`wGJAURSX;(¨(b5AUX
:Wr"T "`_RS=CL(:<y
, |Šµ[/Š¬†‡XXZAULd+b % #" " "$ " & ) -
ƒ v K<GZy(:<]1R_K>£IC:<=C=<b®?IU`wGZ;(y(X‰jp ³k
v Š7˜:<L IU`±b@§Q”gXœ KML"GZXZACR_KgR_=G=€A{GJAU:gXV2G~7T"GZ;+AUT(]¯=Qd =€AU:<]1¨(b F :6r›Š}[\GJAUL'Š¬>—L+d =<Š ƒPp 601‰‹b
r(r›Š‘p 3* ²Z³
v Š aŠ”gX`_:‹h+X(b $ % $ ! ' " $ & $ ' $ ) $ ,* ) ƒ’gXZICACL7mo”gX`_`_GZ;(y'b
v ]1=€AU:6IUy"GZ] ‰gp ³+²
, ”Š’jGZˆ+GZXZŸZG b2§ v ;(:‹œ GJr(r(ICX+GZKML^AUX«‡IUGZ] :69 IQm F GZX XT(;(y(=ªVYXZIª~T"GZ;AUT(] =QA{GJAU:‘:<=QAURS]^GJAURSX;(¨(b
NP¢£NQ«‡¢ Œ :<K{L(;(R_KHGZ` F :‹r3XZICAHb - ƒPp ³ ‰‹b(’gX(Š ²²Z³ b N Œ ³ m 1²7b r(r›Š p 1
F Š†GZ`_R_GZ;'b(’Š }Š†GZ`_GZB<=<b£§Q¢—~T(RSr(IUXZGJ"RS`_RžAPd+b7R_;(VY:6IU:6;(K<:|GZ;(yO:<;+ACIUXZrdšRS;š~T"GZ;AUT(] AUL(:<XZIQd ¨(b
v ;(;'Š£>—L+d =<Š " - ƒ€p ³k+‰‹b r(r›Š 6*p 1J1
[•Š †gŠ F T(=€ŸZGZRb@§Q¢}–7ACIU:<]1GZ`7r(IUXZr3:‹ICAUR_:6=—XVIU:6`wGJAURžh+:‘:<;+ACIUXZrdfR_;1~T"GZ;AUT(] =QA{GJACR_=QAURSKHGZ`(]1:<K{L"GZ;7m
RSK<=C¨(b F :6r›Š£[\GJAUL'Š£>£Ld7=<Š ƒ€p ³³+‰‹b r(r›Šp 1 / p 3Zl
q(Š >@ŠJ’g:<RSIUXZAQAUR±
b |Š v Š F GZˆˆR_X(b5§Q[\Gn–(RS]1R_B6R_;(ˆ-IU:6`wGJAURžh+:‡:<;AQIUXZrdEGJA¬ˆRžh+:<;E:<;(:6IUˆRS:<=C¨(bAUXGJr(r3:HGJI
RS; 5:6ACAHŠ}[\GJAUL'Š—>£Ld7=<Š
+(
²²