!"#$%
&'
()'*#+,"-./0
!"#$%&'"!()*+!",$-".)!/)"!*+"0%1&2/)
!"#$%&'((%")&*+,&-%".%
!"#$%&'()*+),")-+&'.)/0()1(/#)2'..+
!"#$%#$&%'())*+#%*, %#$&%-(+*)&./%0*(#$%1*(/2.#"*/
!"#$%&'(&)*+,&-$%%(
!"#$%&'%()'*"+,%-./0
/)+
"345)/
6'0(/)7
".)$'/8')/0()93:4%8'
/)+"345)/
"345)/6
'0(/)7".)$'/8')/0()93:4%8'
='+)4"):+#*"&:>
45%06:)+"3)8/0)("
5%:4".+
!"#$%"&"'()*%&'+$,"'+-'+."'&+*""+&'-/'0'1$/2$*3'4555
!"#$%&' ())*#""#"
!"#$%&'((%")&*+,&-%".%&/&0+$12
(6,'7"0%&")0/,")8'9%)(%':-&%);<'&-%'.%'=-&/(1
<>?<'@%"%A)B'C$/0D%&8)".
0%85' E;<F>>FGH<I;>J
+)K5' E;<F>>FGHLJ;<J
%M)/85' 1)2NO/2*P,&3
211(3445+$1262"#$%(%".%6+,#
!"#$%&'((%")&*+,&-%".%
(6,'7QRSB'GGG'TU'98)D)B'U%$'V,&4
UV'<??<GB'TC!
0%85' E<F><>FILG>I>H
+)K5' E<F><>FII<>G?;
%M)/85' 1)2JJO/3(P,&3
211(34477762"#$%(%".%6+,#
!"#$%&'((%")&*+,&-%".%
(6,'7!W!U!B'!"")'9)-8,$")#0&))0'<?H
>X<L':S'R1%'Y)3-%B'R1%'U%01%&8)".#
0%85' EH<FG?FHIH;;L;
+)K5' EH<FG?FH;XXJX<
%M)/85' 1)2O)"0%"")P"8
!
;'*)&%0<:
3*!%4./5%*, %#$&%2.#&'%*/%#$&
6*7&+%2*%5*(%+&6*8/"9&:
!"#$%&#'()"'*%'+,-".'/"'01%'2)3%#',+'01/#'*,,45
<J?G'F'7"0&,.-(0/,"
<J?L'F'S-80-&%',+'9%)(%
<J<J'F'7"0%&")0/,")8'W)$
<J>L'F'7"0%&")0/,")8'W)$
<JH?'F'S-80-&%',+'9%)(%
<JH<'F'Z(,",M/('[-#0/(%
<J;X'F'S-80-&%',+'9%)(%
<J;I'F'7"0%&")0/,")8'W)$
<J;L'F'7"0%&")0/,")8'W)$
<J;J'F'7"0%&")0/,")8'W)$
<JXX'F':)"'01%':,M*
<JXJ'F'S-80-&%',+'9%)(%
<JIH'F'S-80-&%',+'9%)(%
<JII'F'7"0%&")0/,")8'W)$
<JGX'F'Z(,",M/('[-#0/(%
<JGL'F'S-80-&%',+'9%)(%
<JL<'F'7"0%&")0/,")8'W)$
<JLJ'F'S1/8.'C,8./%&#
<JJH'F'7"0%&")0/,")8'W)$
<JJ;'F'7"0%&")0/,")8'W)$
<JJG'F'W)".M/"%#
<JJJ'F'7"0&,.-(0/,"
"#$%&"'&()'*#+,&-(./
1'2&$2&+
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
!"#$%&'(#)%"
*
+%'#,-.-/%"01)(#
2
3&'(4#)%"-0%$-564(6
77
8)94$:4:6"#
7;
!"#$%&'$!()*
$+,
-"#.)/#'0
$++
1)"22$34)0
$+5
/,)1&-<%1&)6$9
=>
!"#6$"4#)%"41-?4@
.-A':4"-B)C,#9
D=
3(%"%:)(-E'9#)(6
*7
/'1#'$6-%0-564(6
*>
/4:F4)C"9
2*
/%"#4(#-?)9#
2>
0
32&/'456&"'2
9*&:)'1)&1%5;+/)*&<#/!&$%)5/&:'/)*$4=
>'/&?5";'$)4&$%)&"/+)/&".&*'$#/)&'*+
1'#4)4&:'/)*$4&$"&<#/!&$%)5/&1%5;+/)*=
6"*-7-+2&
>)&1"@)&<'1A&$"&$%)&';$)/*'$5?)4&5*&$%)&B#44);;CD5*4$)5*&E'*5C
.)4$"F&$%)&)*+&".&$%)&%#@'*&/'1)&"/&$%)&/)*#*15'$5"*&".&G'/=
H5*1)&$%)&.5/4$&54&#*'11):$'<;)I&G'/&@#4$&1)'4)&$"&<)&'*&'+@54C
45<;)&4"15';&5*4$5$#$5"*=&J%)&'<";5$5"*&".&G'/&@#4$&<)&"#/&#;$5@'$)
("';=
8*-9"&&-*'1-&"#.':-+;%$+<'!-;"%'8"$="'8*)>"'0??@
R1%'$,&8.'/#'%M%&3/"3'+&,M'01%'*8,,./F
%#0B'M,#0'$)&F&/..%"'(%"0-&N'/"'1/#0,&NP
[-#0'01%'8)#0'.%().%'1)#'#%%"'3%",F
(/.%#'(,MM/00%.'/"'S)M*,./)B':,#"/)B
\$)".)B'],#,A,B'S1%(1"N)B')".'01%
#2&%).',+'$%)2,"#',+'M)##'.%#0&-(F
0/,"'()2)*8%',+'%"./"3'8/+%',"'%)&01P
7"./3%",-#'2%,28%#')&%'#0/88'.%"/%.'01%
&/310'0,'#%8+F.%0%&M/")0/,"P'@,A%&"F
M%"0#'(,"0/"-%'0,'+)/8'0,'2&%A%"0'(,"F
+8/(0B'2&,0%(0'(/A/8/)"#B'%&)./()0%'(,8,"/F
)8/#MB')".'3-)&)"0%%'1-M)"'&/310#P
70^#'1/31'0/M%B'/"'01%'$,&.#',+'01%'TU
S1)&0%&B'_0,'#)A%'#-((%%./"3'3%"%&)F
0/,"#'+&,M'01%'#(,-&3%',+'$)&P^'`)N*%
,-&'3%"%&)0/,"'()"'#-((%%.'$1%&%
,01%&#'1)A%'+)/8%.a'W%0^#'*-/8.')'(-80-&%
,+'2%)(%'/"'01%''><!"'S%"0-&NP
7"'01/#'!"#$%&'()*+'B'$%'$/88'8,,4')0')(1/%A/"3'01/#')/M'01&,-31
2%)(%'()M2)/3"#b,"'/##-%#'/"(8-./"3'8)".M/"%#B'#M)88')&M#B
2%)(%'%.-()0/,"B'2&,M,0/"3'(1/8.&%"^#'&/310#B'#0,22/"3'01%'-#%
,+'(1/8.'#,8./%&#B')*,8/#1/"3'"-(8%)&'$%)2,"#B')".'*-/8./"3')"
7"0%&")0/,")8'S&/M/")8'S,-&0P'R1%#%')&%'2&,*8%M#'01)0')++%(0'01%
8/A%#')".'+-0-&%#',+'N,-"3'2%,28%B')".'$%'()"'28)N')'2)&0'/"')88
01%#%'%++,&0#'0,'+/".'#,8-0/,"#B')8,"3#/.%',01%&#'$,&4/"3'/"'01%
+/%8.#',+'1-M)"'&/310#B'01%'%"A/&,"M%"0B'1-M)"/0)&/)"')##/#0F
)"(%B'./#)&M)M%"0B')".'#-#0)/")*8%'.%A%8,2M%"0P
R1%'()M2)/3"#'.%M,"#0&)0%'$1)0'()"'*%'.,"%'$1%"'2%,28%
)&%'8/#0%"%.'0,'/"#0%).',+'_0)84%.')0P^'Q%'M-#0'0)4%'01%'/"/0/)F
0/A%B'01/"4/"3',+'_#%(-&/0N^'",0'/"'0%&M#',+'#0)0%'*,&.%&#')".
$%)2,"#B'*-0',+'1-M)"'8/+%P'70'/#'0,,'#%&/,-#')'M)00%&'0,'*%'8%+0
0,'2,8/0/(/)"#')".'#,8./%&#'c"%)&8N')88'M%"da
Y%82/"3'0,'*&/"3'2%)(%')".'-".%�)"./"3'0,'01%'28)(%#'$1%&%
$%'8/A%'/#'0&-%'_1-M)"/0)&/)"'/"0%&A%"0/,"^b*-88N/"3'*N'01%'&/(1
)".'2,$%&+-8'/#'",0P'R1%')*,8/0/,"',+'$)&'/#')'8,"3F0%&M'3,)8B
#,'$%'#1,-8.'3%0'#0)&0%.'&/310')$)Na'Q%'1,2%'01/#')3%".)'$/88
3/A%'N,-'#,M%'/.%)#')".'1%82'0,'/"#2/&%'N,-&',$"PPP
!"#$%&'(#$)**#&+$,-.$/#&0#
!"#$"%&'%'&()*+("(,*+-.(,%/0*1/(,"+
-%".%& <+=*%,%=.%
7"'`)N'<JJJB'<?B???'2%)(%')(0/A/#0#',+
)88')3%#'M%0'/"'R1%'Y)3-%'/"'01%'U%01F
%&8)".#B'/"'2-&#-/0',+'"%$'#0&)0%3/%#'+,&
)'2%)(%+-8'><!"'S%"0-&NP'9)&0/(/2)"0#'/"
01%'1/#0,&/('Y)3-%'!22%)8'(,"+%&%"(%
/"(8-.%.'<BX??'N,-"3'2%,28%B'+&,M'<??
./++%&%"0'(,-"0&/%#B'/"(8-./"3'M)"N
)&%)#',+'(,"+8/(0P
!"#$%&'#%=>"&*+,&-%".%&?&@$;1:.%
!0'01%'%".',+'01%'Y)3-%'!22%)8'+,&'9%)(%'(,"+%&%"(%B'01%
,'(#)&-()*+'&."/&0)'1)&2&3#4$51)&."/&$%)&67!"&8)*$#/!'$)#
2&%#%"0%.'0,'TU'C%(&%0)&NF@%"%&)8'],+/'!"")"P
R1%'Y)3-%'!3%".)B'",$')"',++/(/)8'TU'.,(-M%"0B'/#')'X?F2,/"0
28)"'+,&'38,*)8')(0/,"'*N'3,A%&"M%"0#')".'(/A/8'#,(/%0NP
7+'N,-'$,-8.'8/4%')'(,2N',+'01%'Y)3-%'!3%".)5
V,-'()"'.,$"8,).'/0'/"'Z"38/#1B'g&%"(1',&'C2)"/#1'+&,M'01%
Y)3-%'!22%)8'+,&'9%)(%'$%*#/0%B'(,"0)(0'01%'Y)3-%'!22%)8
V,-01',++/(%'/"'@%"%A)'c#%%'/"#/.%'+&,"0'(,A%&dB',&')#4'+,&
.,(-M%"0'!6X;6JL'+&,M'N,-&'"%)&%#0'T"/0%.'U)0/,"#
.,(-M%"0)0/,"'(%"0&%B'/"')"N',+'01%'I'TU'8)"3-)3%#P
82%&9:,;1&!"#$%&<+=*%,%=.%
e"%'1-".&%.'N%)&#'%)&8/%&B'/"'`)N'<LJJB'R#)&'U/(1,8)#'77',+'\-##/)')".'f-%%"'Q/81%8M/")',+
01%'U%01%&8)".#'(,"A%"%.')'(,"+%&%"(%'/"'01%'Y)3-%'0,'./#(-##'01%'/##-%#',+'./#)&M)M%"0B
(,"+8/(0'&%#,8-0/,"')".'/"0%&")0/,")8'8)$P'70'$)#'+,88,$%.B'8)&3%8N'01)"4#'0,'2%)(%FM/".%.'(/0/F
D%"#B'*N')'#%(,".'(,"+%&%"(%'/"'<J?GP
70'./."^0'$,&4a'R1%'+/�'$,&8.'$)&'*&,4%',-0')'+%$'N%)&#'8)0%&B'+,88,$%.'*N'M)"N'M,&%'(,"+8/(0#'01&,-31,-0
$1)0'$)#'01%'*8,,./%#0'(%"0-&N'/"'1/#0,&NP'Y,$%A%&B'01%'+/�'2%)(%'(,"+%&%"(%#'./.'8)N'01%'+,-".)0/,"#'+,&
0,.)N^#'/"0%&")0/,")8'1-M)"/0)&/)"'8)$')".'TU'#N#0%M#P'!".'R1%'Y)3-%'/#'#0/88'01%'()2/0)8',+'/"0%&")0/,")8'8)$P
:
"#$%&"'&()'*#+,&-(./
7'5&,%8%1'29*"6&
9*&$%)&;'4$&+)1'+)&';"*)I&G)&%'?)&4))*&$G"&@5;;5"*&1%5;+/)*&A5;;)+I
"?)/&"*)&@5;;5"*&"/:%'*)+I&45L&@5;;5"*&4)/5"#4;!&5*M#/)+&"/&:)/@'C
*)*$;!& +54'<;)+I& 76& @5;;5"*& @'+)& %"@);)44& '*+& 7N& @5;;5"*& ;).$
G5$%&4)/5"#4&:4!1%";"(51';&$/'#@'=
O9$&54&G)&'+#;$4&G%"&$)'1%&1%5;+/)*&%"G&$"
%'$)=&9$&54&G)&'+#;$4&G%"&$)'1%&1%5;+/)*&$"
.5(%$&5*&"#/&G'/4=P
F*=.;)&.-#'H"&G-/7'I2+2<'C-2+.'F9*)=$
A%$*$'A+2//2<'B!'C#"=)$%':"#*"&"/+$+)D"'9-*'E.)%7*"/')/'F*G"7'E-/9%)=+
7"'M,.%&"')&M%.'(,"+8/(0#B'J?i',+'A/(0/M#')&%'(/A/8/)"#B',+'$1/(1
,A%&'1)8+')&%'(1/8.&%"P'!((,&./"3'0,'01%'T"/0%.'U)0/,"#'S1/8.&%"^#
g-".'cTU7SZgdB'#,M%';??B???'(1/8.&%"'./%'%A%&N'N%)&'+&,M'$)&#
)".'&%8)0%.'()-#%#A/"'.%A%8,2/"3'(,-"0&/%#')8,"%P
`)"N'(1/8.&%"')&%'#-*j%(0%.'0,'&)2%B'0,&0-&%')".'21N#/()8
/"j-&NB'+,&'%K)M28%'+&,M'8)".M/"%#B')'2&,*8%M'$1/(1'(,"0/"-%#
%A%"')+0%&')"')&M%.'(,"+8/(0'1)#',++/(/)88N'(,M%'0,')"'%".'c#%%
2)3%'>>dP'7"'M)"N'2)&0#',+'01%'$,&8.B'(1/8.&%"')#'N,-"3')#'L',&
J')&%'+,&(%.'0,'+/310'c#%%'2)3%'>IdB'8%)./"3'0,'01%/&'/"%A/0)*8%
*&-0)8/D)0/,"P'ZA%"'01,#%'$1,'.,'",0'+/310'$/0"%##')22)88/"3
)0&,(/0/%#B')".'#-++%&'3&%)0'2#N(1,8,3/()8')".'%M,0/,")8
0&)-M)P'R1%/&'+)M/8/%#')".'(,MM-"/0/%#')&%'*&,4%"'-2k'M)"N
*%(,M%',&21)"#')".'&%+-3%%#P'S1/8.&%"')&%'.%2&/A%.',+')"
%.-()0/,"')".',01%&'*)#/(')".'%##%"0/)8'#%&A/(%#')".'&/310#
#-(1')#'(8%)"'$)0%&')".'+,,.P
Q)&'/#')'#%&/,-#'*&%)(1',+'01%'&/310#',+
01%'(1/8.P'70'#")0(1%#')$)N'(1/8.1,,.
)".'N,-01'+&,M'/"",(%"0B'2%)(%F8,A/"3
2%,28%')".'8%)A%#'$,-".#'01)0'0)4%')
8,"3'0/M%'0,'1%)8P'Y,$%A%&B'N,-"3
2%,28%')&%',+0%"')M,"3'01%'M,#0')(0/A%
2%)(%*-/8.%&#')".').A,()0%#',+')
2%)(%+-8'&%#,8-0/,"',+'01%'(,"+8/(0#'01%N
+/".'01%M#%8A%#'()-310'-2'/"P
E.)%7*"/J&
K%$(
-9
8"$="
1"2+3.#456$7-8#9#4:$,-.$/#&0#;$1-+-9<2&
!"#$%&%#'%()&*+,#-./'01
S,8,M*/)^#'$)&'1)#'8)#0%.'M,&%'01)"'HX'N%)&#B')".'4/88#',A%&
IB???'2%,28%'%A%&N'N%)&P'!'+-&01%&'>XB???')&%'M-&.%&%.')#')
&%#-80',+'#0&%%0B'.,M%#0/(',&',01%&'(&/M/")8'A/,8%"(%P'e"%'/"'#/K
M-&.%&'A/(0/M#'/#')'(1/8.P'T"0/8'<JJI'01%'2%)(%'M,A%M%"0'/"
S,8,M*/)'$)#'$%)4')".'+&)3M%"0%.P'R1,-#)".#',+'1-M)"
&/310#')(0/A/#0#'1).'*%%"'M-&.%&%.',&'+,&(%.'0,'+8%%'01%'(,-"0&N
-".%&'01&%)0',+'.%)01P
7"'<JJIB'01%'S1/8.&%"^#'`,A%M%"0'+,&'9%)(%'/"'S,8,M*/)'$)#
+,-".%.'$/01'*)(4/"3'+&,M'TU7SZg')".'01%'U)0/,")8'U%0$,&4
+,&'9%)(%B'B)+):'KP'7"'e(0,*%&'01)0'N%)&B'01%#%',&3)"/D)0/,"#
M,*/8/D%.'(1/8.&%"'8/A/"3'/"'01%'M,#0
A/,8%"0'M-"/(/2)8/0/%#',+'S,8,M*/)'0,
A,0%'/"')'#2%(/)8'%8%(0/,"A4",$"')#'01%
S1/8.&%"^#'`)".)0%'+,&'9%)(%')".
\/310#P'S1/8.&%"'$%&%')#4%.'0,'(1,,#%
$1/(1',+'01%/&'&/310#'$%&%'M,#0'/M2,&F
0)"0'0,'01%M#%8A%#')".'01%/&'(,MM-"/F
0/%#P'R1%'*)88,0'#1,$%.'<>'&/310#'01)0
1).'*%%"'#-MM)&/D%.'+&,M'01%'S,"F
A%"0/,"',"'01%'\/310#',+'01%'S1/8.')".
01%'S,8,M*/)"'S,"#0/0-0/,"P
R1%'`,A%M%"0'3&%$'#,'h-/(48N'01)0
M,&%'01)"'>PG'M/88/,"'(1/8.&%"')3%.'G'0,
<L'N%)&#'0-&"%.'-2')0'01%'2,88#P'R1%
(1/8.&%"'A,0%.',A%&$1%8M/"38N'/"'+)A,-&
,+'01%'&/310'0,'2%)(%P
!"#$%&'&()*+,$-"*'./#,$+0$0"#$1+23#$4#+-#$-&,5#/#,-#
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
R1%'&%#-80'1).')'0&)"#+,&M/"3'%++%(0',"
01%'2%)(%'M,A%M%"0P'!'N%)&')+0%&'01%
S1/8.&%"^#'`)".)0%B').-80'S,8,M*/)"#
$%&%'/"A/0%.'0,'28%.3%'01%/&'#-22,&0'+,&
01%'S1/8.&%"^#'`)".)0%B'(,".%M"'01%
)0&,(/0/%#',+'01%'$)&')".'M)4%'01%/&',$"
2%&#,")8'28%.3%'0,'1%82'2%)(%P'eA%&'<?
M/88/,"'S,8,M*/)"#'*)(4%.'01/#'S/0/D%"#^
`)".)0%AM,&%'01)"'.,-*8%'01%
"-M*%&'01)0'1).'2)&0/(/2)0%.'/"'01%
2&%A/,-#'2&%#/.%"0/)8'%8%(0/,"P'9%)(%
$)#'()0)2-80%.'0,'(%"0&%F#0)3%P
;
7'5&,%8%1'29*"6&
R1%'S1/8.&%"^#'`,A%M%"0'+,&'9%)(%
$)#')'8%##,"'/"'.%M,(&)(NB'*&/"3/"3
M/88/,"#'*)(4'0,'01%'*)88,0'*,KP'70'%#0)*F
8/#1%.'01%'&/310#',+'(1/8.&%"'0,'%8%(0'01%/&
,$"'&%2&%#%"0)0/A%#')".'2)&0/(/2)0%'/"
8,()8'3,A%&"M%"0B')".'/"#2/&%.'"%$
$)N#',+'&%#2,"./"3'0,'01%'"%%.#',+
(1/8.&%"'8/A/"3'/"'#/0-)0/,"#',+'A/,8%"(%P
=-.'-::#4$.#,('##6
2"#3455)64#78+9:)
!"#$%"&%'(")$%*("%&+$,%*-.%/0%1-+$)'/0$%/0%2345%)$''+$,%/0%6$7-0"08
9($%6$7-0$)$%:";$.0#$0'<%&".%="+/'/>-+%.$-)"0)<%,/,%0"'%-))/#/+-'$
'($#8%?0)'$-,<%'($%.$&@:$$)%*$.$%:/;$0%+/#/'$,<%&$0>$,%-.$-)%&".
'$#=".-.A%->>"##",-'/"0<%@0-7+$%'"%#$$'%'($/.%7-)/>%(@#-0%0$$,)8
B"*<%&"@.%:$0$.-'/"0)%+-'$.<%'($%1-+$)'/0/-0)%/0%6$7-0"0%)'/++%+/;$%/0
'($)$%>-#=)<%*/'(%'($%)-#$%+/#/'$,%="))/7/+/'/$)%&".%("@)/0:<%$,@>-C
'/"0%-0,%*".D8%9($A%(-;$%0$;$.%7$$0%=.";/,$,%*/'(%)$*-:$%)A)'$#)<
$+$>'./>/'A%".%($-'<%7@'%(-;$%/++$:-++A%-0,%,-0:$."@)+A%>"00$>'$,
'($#)$+;$)%'"%'($%*/.$)%"@')/,$%'($%>-#=8
?%*$0'%'"%6$7-0"0%*/'(%#A%#"'($.%/0%E$>$#7$.%23358%F$/0:%B".*$:/-0<%@)$,%'"%;-)'%@0="=@+-'$,%-.$-)%-0,%.@+$)%&".%$;$.A'(/0:
'(-'%$;$.A7",A%&"++"*)<%?%*-)%";$.*($+#$,%7A%'($%0"/)$<%'($%>."*,<
'($%*-A%'($%6$7-0$)$%=-.D$,%"0%'($%."@0,-7"@')G%>/'A%+/&$%/0%F$/.@'8
R,.)NB'01%'S1/8.&%"^#'`,A%M%"0'/#
)(0/A%')0'(,MM-"/0N'8%A%8B'1%82/"3'0,'8)N
8,"3F0%&M'+,-".)0/,"#'+,&'2%)(%P'Y-"F
.&%.#',+',&3)"/D)0/,"#B'(,MM-"/0N
3&,-2#')".'M-"/(/2)8/0/%#'1)A%'&%F
#2,".%.'0,'01%'.%M)".#'+,&'01%'&/310'0,
8/+%')".'0,'2%)(%'%K2&%##%.'/"'01%
S1/8.&%"^#'`)".)0%A)".'",$'#%%
(1/8.&%"')#'&%)8'2)&0"%&#'/"'01)0'%++,&0P
l'R1,-#)".#',+'(1/8.&%"'1)A%'&%(%/A%.
0&)/"/"3')#'2%)(%*-/8.%&#'01&,-31'01%
\%.'S&,##B'C(,-0#B'S1-&(1')".',01%&#P
l'GB???'(1/8.&%"')&%'&%(%/A/"3'0&)/"/"3'/"
8)".M/"%')$)&%"%##')".')&%'2)##/"3
01/#'4",$8%.3%',"'0,',01%&'(1/8.&%"P
l'Y-".&%.#'M,&%'(1/8.&%"')&%'$,&4/"3
)#'(,-"#%88,&#B'1%82/"3',01%&'(1/8.&%"
$1,'1)A%'*%%"'+,&(%.',-0',+'01%/&
1,M%#'*N'A/,8%"(%P
S1/8.&%"'A,8-"0%%&/"3'01&,-31'01%
`,A%M%"0'+,&'9%)(%'*%"%+/0'+&,M
1%82/"3',01%&'(1/8.&%"'$1,'+)(%'%A%"
3&%)0%&'1)&.#1/2#P'70'3/A%#'01%M'#%"#%
,+'2,$%&B'/"')'#/0-)0/,"'$1%&%'(1/8.&%"
)&%'-#-)88N',"8N'#%%"')#'A/(0/M#P
R1%'S1/8.&%"^#'`,A%M%"0'+,&'9%)(%
3)A%'(1/8.&%"',22,&0-"/0/%#'0,'%K2&%##
01%/&'+%)&#B',2/"/,"#')".'1,2%#B'0,
.%A%8,2'#,8-0/,"#')".'/M2&,A%'01%/&
(,MM-"/0/%#P'9&%A/,-#8N'01%/&'(1,/(%
$)#'*%0$%%"')(h-/%#(%"(%',&'j,/"/"3
,"%',+'01%')&M%.'3&,-2#P'R,.)NB'01%N
1)A%'01%',20/,"',+'(1,,#/"3'2%)(%P
<
H%>"@=+$%"&%("@.)%,./;$%&."#%F$/.@'<%/0%'($%)"@'(%"&%6$7-0"0<%/)%[email protected]
H+C!(-#-+/%J-#=8%?0%>"#=-./)"0%'"%F$/.@'<%'($%>-#=%)$$#$,%-%0/>$<
=$->$&@+%-0,%@0'."@7+$,%+/''+$%;/++-:$%K'("@:(%&$0>$,%-0,%*/'(%-.#$,
:@-.,)%-'%'($%$0'.-0>$L8%6-'$.<%?%*"@+,%+$-.0%'(-'%'($%/0(-7/'-0')%*$.$
0"'%-)%.$+-M$,%-)%'($A%)$$#$,%-'%&/.)'N%*/'(%-0%@0$#=+"A#$0'%.-'$%"&
-+#")'%2OOP<%)=-.$%'/#$%/)%0"'%:"",Q/'%"0+A%$0>"@.-:$)%(")'/+/'A
-0,%("=$+$))0$))8
9($%1-+$)'/0/-0)%(-,%0"'%7$$0%-++"*$,%'"%$0+-.:$%'($/.%("@)$)%".
7@/+,%0$*%"0$)%)/0>$%'($A%-../;$,<%-0,%#-0A%&-#/+/$)%"&%)$;$0%".
#".$%*$.$%+/;/0:%/0%'($%)=->$)%*($.$%"0$%".%'*"%(-,%+/;$,%&".%&/&'A
A$-.)<%-+'("@:(%)"#$%(-,%#-0-:$,%'"%)#@::+$%7./>D)%/0%7A%0/:('
-0,%(-,%#".$%)=->$8
?%#$'%-%&-#/+A%'(-'%(-,%+/;$,%/0%!*$,$0%&".%2R%A$-.)8%S($0%-%#-0%"&
1-+$)'/0/-0%"./:/0%/0%'($%>/'A%'($A%+/;$,%/0%D/++$,%-%=$.)"0<%'($%!*$,/)(
:";$.0#$0'%,$>/,$,%'"%)$0,%2R%.-0,"#%1-+$)'/0/-0%&-#/+/$)%"@'%"&
'($%>"@0'.A8%9(/)%&-#/+A%*-)%"0$%"&%'(")$8%9($%$+,$)'%,-@:('$.%"&%'($
&-#/+A%*-)%)-;/0:%-++%'($%#"0$A%)($%>"@+,%'"%7$%-7+$%'"%=-A%'"
/++$:-++A%7$%'.-0)=".'$,%7->D%'"%!*$,$0%'"%>"0'/0@$%($.%$,@>-'/"0
-0,%>.$-'$%-%7./:('$.%&@'@.$%&".%($.)$+&8%F@'%'(-'%*"@+,%>")'%($.
TUOOOQ-0%$0".#"@)%-#"@0'%&".%-%.$&@:$$8%?'%*/++%7$%A$-.)%7$&".$
)($%>"++$>')%)@>(%-0%-#"@0'<%/&%$;$.8
[email protected]%WO%*-)%'($%1-+$)'/0/-0%6/7$.-'/"0%X.:-0/Y-'/"0Z)%WO'(%-00/C
;$.)-.A<%-%&->'%'(-'%*-)%/#="))/7+$%'"%";$.+""D<%*/'(%-++%'($%&+-:)<
=$00-0')%-0,%=/>'@.$)%-++%";$.%'($%>-#=8%F@'%'($%/0(-7/'-0')%*$.$%0"'
>$+$7.-'/0:8%9($%.$&@:$$)%/0%6$7-0"0<%1-+$)'/0/-0)%*/'(%0"%>/'/Y$0)Z
./:(')<%*$.$%0"'%#$0'/"0$,%/0%'($%X)+"%H>>".,)8%H)%-%.$)@+'<%-+#")'
0"%/0'$.0-'/"0-+%".:-0/Y-'/"0)%(-;$%7$$0%/0%6$7-0"0%)/0>$%233W8
!"#$%$;$0%'("@:('%[-))$.%H.-&-'%(-,%)"+,%(/)%=$"=+$%-0,%+-0,%'"%'($
?).-$+/)8
S(-'%?%$M=$./$0>$,%,@./0:%'($%#"0'(%/0%6$7-0"0%/)%/#="))/7+$%'"%'$++
/0%7./$&<%-0,%/#="))/7+$%'"%&".:$'8%S($0%?%>-#$%("#$<%?%)-*%'($
$0".#"@)%,/&&$.$0>$%7$'*$$0%*(-'%-%B".*$:/-0%>-.$)%-0,%*"../$)
-7"@'%-0,%'($%$;$.A,-A%)'.@::+$%"&%-%1-+$)'/0/-0%/0%6$7-0"08%9($
*-A%*$%-.$%-7+$%'"%+/;$%/0%+@[email protected]%-0,%>"#&".'%*/'("@'%$;$0%-==.$>/-'C
/0:%"@.%=./;/+$:$)%(/'%#$%-)%'($%7/::$)'%/0I@)'/>$%-:-/0)'%'(")$%)'.@:C
:+/0:%&".%)@.;/;-+<%$,@>-'/"0%-0,%7-)/>%(@#-0%./:(')8%?%=."#/)$,
#A)$+&%'"%-+*-A)%D$$=%#A%1-+$)'/0/-0%&./$0,)%/0%#/0,%/0%'($%*-A%?
>("")$%'"%+/;$%#A%+/&$<%-0,%-+)"%,"%#A%;$.A%7$)'%'"%($+=%'($#%-0,
"'($.)%/0%'($%)-#$%)/'@-'/"0%'"%7$%-7+$%'"%/#=.";$%'($/.%+/;$)%-0,
&@'@.$8
"#$%&"'&()'*#+,&-(./
7'5&,%8%1'29*"6&
)$:29#:&<+#$,-.$*#&0#$24$1>*.(6
!"#$%&&'(#)**+,#-./0"#1022'"#0"3#!40"#540"36,#$2%3'"2$#02#27'
!"2'("0286"0/#9:766/#6;#<'"'40,#383#0#$=6"$6('3#>8:.:/'#(83'#;(6&
<'"'40#26#!$20">%/,#(08$8"?#&6"'.#26#>(8"?#27(''#<(''@#A.=(862$B
A7(8$28"0#C68D836%,#E276$#F86/0(8$#0"3#E""0#G0(80#9780(/.B0"3#27(''
H%(@8$7#A.=(862$BI&'/#E20:0?,#<%/3'"#G'"3'('$#0"3#J8$$8.'
5D26=(0@B26#27'#J0?%'#='0:'#:6";'('":'K#G6$2#6;#27'ʿ#"'4'(
&'2#0".6"'#;(6&#L27'#627'(#$83'M#>';6(',#>%2#8"#H7'#J0?%'#27'#$8N
=0(28:8=02'3#26?'27'(#8"#0#$'$$86"#3'462'3#26#27'#A.=(%$#:6";/8:2,
6(?0"8D'3#>.#O'0:'#A78/3#!"2'("0286"0/K#H7'#?(6%=#;8($2#/66@'3#02#27'
38;;'('":'$#6;#6=8"86"#2702#$'=0(02'3#27'�"3#27'"#=%2#;6(P0(3#27'8(
83'0$#;6(#>(8"?8"?#0"#'"3#26#27'#3'03/6:@#8"#A.=(%$K#H7'.#:6&=8/'3
27'#;6//6P8"?#='0:'#=/0"K
B6&<2"=#%&"11:1$>%;3&;C"))D&.)%",&;1%(;&1+7",>;&(%".%
l'S,MM,"'Rm'2&,3&)MM%#B'&)./,B'2&%##B'/"0%&"%0PPP'`)N*%')
(,MM,"'"%$#2)2%&',&'N,-01'M)3)D/"%'/"'@&%%4')".'R-&4/#1n
l'!'*/(,MM-")8'D,"%'$1%&%'2%,28%'+&,M'*,01'(,MM-"/0/%#'()"
*-N')".'#%88B'#/0')".'1)A%')'(,++%%B')".'0)84'$/01'%)(1',01%&P
l'!'*/(,MM-")8'#(1,,8',&'N,-01'(8-*'/"'01%'W%.&)'9)8)(%B
$1%&%'N,-"3'SN2&/,0#'(,-8.'M%%0B'1,8.'#2,&0#')".'.&)M)
%A%"0#B'2)&0/%#B'./#(-##/,"#b,&')'+-88F#()8%'#(1,,8a
l'[,/"0'(1)&/0)*8%'%A%"0#b8/4%')'j,/"0'#2,"#,&%.'*/4%'&/.%'+&,M
01%'U,&01'0,'01%'C,-01'/"')/.',+'01%'*8/".',&'./#)*8%.a
l'Y,#2/0)8#',++%&/"3'#2%(/)8/D%.'#%&A/(%#'#1,-8.'*%',2%"%.'0,
*,01' (,MM-"/0/%#P
l'ZA%&N'#(1,,8'#1,-8.',++%&',20/,")8'(,-&#%#'/"'01%',01%&'8)"F
3-)3%5'R-&4/#1'/"'@&%%4'#(1,,8#B'@&%%4'/"'R-&4/#1'#(1,,8#P
l'S&%)0%')".'2&,M,0%'-"*/)#%.'1/#0,&N'0%K0#'/"'*,01'@&%%4')".
R-&4/#1B'$&/00%"'*N'"%-0&)8'$&/0%&#'Q*"$&R/5$54%&"/&-@)/51'*ST
l'[,/"0'@&%%4')".'R-&4/#1'SN2&/,0'(1,/&#B',&(1%#0&)#B'.&)M)
0&,-2%#')".'(&)+0'$,&4#1,2#P
l'!'M/K%.'+,,0*)88'8%)3-%P'!'-"/0%.'SN2&-#'0%)M'(,-8.'28)N'/"
01%' Z-&,2%)"' (1)M2/,"#1/2#P
l'7"A/0%')88'SN2&/,0'(1/8.&%"'0,'01/"4'-2')'"%$'.%#/3"'+,&')'SNF
2&-#'+8)3P'!'j,/"0'U,&01FC,-01'N,-01'j-&N'#1,-8.'2-*8/#1')
#1,&08/#0B'#,')88'(1/8.&%"'()"'(1,,#%'$1/(1'01%N'8/4%'*%#0P
l'!'$%*#/0%b,"'$1/(1'01%'+8)3'(&%)0/,"'2&,(%##'()"'0)4%'28)(%
6)".')'N,-01'(1)0&,,M'$1%&%'N,-"3'2%,28%'()"'M%%0'+,&')
8/A%'.%*)0%',"B'#)NB',"%'C)0-&.)N'%)(1'M,"01P'R1%'&%#0',+'01%
0/M%'/0'$,-8.'*%',2%"'+,&'(,MM%"0#')".'#-33%#0/,"#'+,&
2%)(%P
E6&-,%(",%&"=>&;:#=&"=&"#,%%C%=1FF&'>)&.));&$%'$&'&."/@';I
45(*)+&'(/))@)*$&4%"#;+&<)&$%)&4)1"*+&4$):I&5*1;#+5*(F
l'R1%'(&%)0/,"',+')'g%.%&)8'*/FD,")8'SN2&-#'$/01')'9)&8/)M%"0
+,&'%)(1'=,"%B')".')'g%.%&)8'9)&8/)M%"0'(,"#/#0/"3',+'%h-)8
"-M*%&#',+'@&%%4')".'R-&4/#1'SN2&/,0#P'R1%'8,()8'2)&8/)M%"0#
$/88'*%'&%#2,"#/*8%'+,&'%.-()0/,"B'1%)801')".'#,(/)8'$%8+)&%B
)".'01%'g%.%&)8'9)&8/)M%"0'+,&'g,&%/3"'!++)/&#P
l'!"')3&%%M%"0',"'.%F(,"+&,"0)0/,"5'$%'2&,2,#%'%K2)"./"3
01%'*-++%&'D,"%'0,')'M/8%F$/.%'*/(,MM-")8'D,"%B'8/4%'01)0
2&,2,#%.')*,A%P'[,/"0'+)&M#B'+)(0,&/%#B'M)&4%0#B'#(1,,8#B
(,++%%'*)&#B'%0(P'$,-8.'*%'#%0',"'01%'M,.%8',+'9/8)P
l'!'+/&M'0/M%0)*8%'+,&'.%M/8/0)&/D)0/,"B'/"(8-./"3
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
.%(,MM/##/,"/"3')88'$%)2,"#B'.%FM,**/"3
)88'0&,,2#B'(8,#/"3'01%':&/0/#1'*)#%#P'Q%
$)"0'",'M,&%'#,8./%&#',&'$%)2,"#',"
SN2&-#a'@&%%(%B'R-&4%N')".':&/0)/"'M-#0
",0'*%')88,$%.'0,'#0)0/,"'01%/&'0&,,2#'01%&%P
R1%&%'$/88'*%')'g%.%&)8'9,8/(%'0,'&%#,8A%
/"0%&F(,MM-")8'./#2-0%#B')".'$%'%"A/#)3%
)"'/"0%&")0/,")8')&&)"3%M%"0'0,'3-)&)"0%%
01%'#%(-&/0N',+'SN2&-#')3)/"#0'0)4%F,A%&'*N
)'+,&%/3"'2,$%&P
l'!"'7"0%&")0/,")8'S,MM/##/,"'0,'/"A%#0/F
3)0%'01%'$1%&%)*,-0#',+'M/##/"3'2%&#,"#B
-".%&'01%')-01,&/0N',+'01%'TUB'$/01'R-&4/#1
)".'@&%%4'SN2&/,0'M%M*%&#')".'/"A%#0/3)F
0,&#'+&,M',01%&'(,-"0&/%#')22,/"0%.'*N'01%
TUP':,01'R-&4/#1')".'@&%%4'SN2&/,0'3,AF
%&"M%"0#'M-#0'3-)&)"0%%'+-88')((%##'0,')88
+/8%#'#,'01)0'+)M/8/%#'()"'0&)(%'01%/&'8,A%.
,"%#P
l'!"'/"0%&")0/,")8'C%008%&#'S,MM/##/,"'M-#0
*%'#%0'-2'0,'.%)8'$/01'01%'2&,*8%M#',+
2%,28%'$1,'1)A%'#%008%.'/"'SN2&-#'*-0'/"
+)(0'1)A%'",'0/%#'0,'01%'/#8)".P
l'S,M2-8#,&N'8%##,"#'/"'01%',01%&'8)"3-)3%
+,&')88'(1/8.&%"'/"'2&/M)&N'#(1,,8P'R1%N
#1,-8.'3&,$'-2'*/8/"3-)8P
l'!'XF<?'N%)&'0/M%0)*8%'0,'3&).-)88N'%")*8%
+&%%.,M',+'M,A%M%"0'01&,-31,-0'01%
/#8)".5'#0)&0/"3'$/01'%K2)"#/,"',+'01%'%K/#0F
/"3'.)N'0&/2#B'0,',A%&"/310'0&/2#B'0,',"%F$%%4
1,8/.)N#B'0,'0$,F$%%4'&%#/.%"0/)8'(,-&#%#
)".' (,"+%&%"(%#B' 0,b%A%"0-)88Nb-"+%0F
0%&%.'+&%%.,M',+'M,A%M%"0P
G6&9,%%>+C&+*&;%11)%C%=1&"=>&+7=%,;2:(
+*&(,+(%,15
9&,2%&0N',$"%&#'$/88'*%'#-*j%(0'0,'01%'8)$#
,+'01%'9)&8/)M%"0',+'01%'=,"%'$1%&%'01%
2&,2%&0N'8/%#P'R1/#'$/88'*%'01%'+/")8'#0)3%'/"
01%'!3&%%M%"0bM)N*%'<?F<X'N%)&#')+0%&
#/3")0-&%B')".'01%"',"8N'/+'#-++/(/%"0'0&-#0
1)#' *-/80'-2'*%0$%%"'01%'(,MM-"/0/%#P
R&-#0')".'+&/%".#1/2'1)#'*8,##,M%.'*%F
0$%%"',-&'0$,'3&,-2#'/"'01%'#1,&0'0/M%'$%
1)A%'*%%"'0,3%01%&B')".'$%')&%'#-&%'/0'()"
*%0$%%"')88'SN2&/,0#B'/+'$%'()"'.)M2'.,$"
01%'")0/,")8/#0')".'+)")0/('%8%M%"0#B')".
*&%%.'(,MM,"'#%"#%B'0&-#0B')".'M-0-)8
&%#2%(0P
Q%'$)"0'01/#'$/01')88',-&'1%)&0#P
!01,#B'@-8.)"B'g,&#/%B
S1&/#0/")B'ZM%8B'!"")F`)&/%
=
7'5&,%8%1'29*"6&
?(:0"@A-642&4
60"--+6
0-4,#.#40#
e"'<<'`)N'<JJJB'.-&/"3'01%'Y)3-%
!22%)8'+,&'9%)(%'(,"+%&%"(%B')'#2%(/)8
(,"+%&%"(%'$)#'1%8.'+,&'#0-.%"0#'+&,M
o-0(1'#(1,,8#'c)3%'<XF<Ld')".'+&,M
01&%%'#(1,,8#'/"':,#"/)FY%&D%3,A/")P
R1%')/M'$)#'0,'#0/M-8)0%'01%'/"0%&%#0',+
o-0(1'N,-"3'2%,28%B')".'0,'3/A%'01%M
01%',22,&0-"/0N'0,'%"3)3%'$/01'01%/&
2%%&#'+&,M':,#"/)P'R1%'(,"+%&%"(%')".
(,,2%&)0/,"'01)0'%"#-%.'/#')'3,,.
%K)M28%',+'1,$'#(1,,8#'()"'$,&4
0,3%01%&'0,'-".%�)".')'(,"+8/(0'#/0-)F
0/,"')".'%"3)3%'/"'j,/"0')(0/A/0/%#')(&,##
*,&.%&#P
U?)/&7NN&:)":;)&$""A&:'/$&5*&$%)&1"*.)/C
)*1)I&'*+&<"$%&4$#+)*$4&'*+&$)'1%)/4
G)/)&?)/!&)*$%#45'4$51=&H1%"";4&./"@
)'1%&".&$%)&8/"'$I&E#4;5@&'*+&H)/<
:'/$4&".&R"4*5'&:'/$515:'$)+I&)?)*
$%"#(%&H)/<5'&G'4&#*+)/&V-JU&'$$'1A
'$&$%)&$5@)=
S8)##'M)0%&/)8#')".')'0%)(1%&#^'1)".F
*,,4'$%&%'.%A%8,2%.'+,&'01%'2&,j%(0B
$/01')##/3"M%"0#'#2%(/+/()88N')/M%.')0
2&%2)&)0/,"'+,&'01%'(,"+%&%"(%B'01,-31
01%N'$%&%')8#,'-#%.'*N',01%&'#(1,,8#P
C,M%',+'01%':,#"/)"'2-2/8#')8#,'$&,0%
%##)N#'/"'2&%2)&)0/,"'+,&'01%'(,"+%&F
%"(%P
o/#(-##/,"'+,(-#%.',"'01%'2)#0B'2&%#%"0
)".'+-0-&%P'R1%'.%8%3)0/,"#'+&,M
:,#"/)'3)A%'2&%#%"0)0/,"#',"'01%
2&%#%"0'#/0-)0/,"'/"'01%/&'(,-"0&NB')".
01%"'/"'#M)88'3&,-2#'2)&0/(/2)"0#'$,&4%.
0,'#%0'2&/,&/0/%#'+,&'01%'&%*-/8./"3',+
:,#"/)P'R1%'+)(0'01)0'01%'o-0(1'.%8F
%3)0%#'3)A%')'1/31'2&/,&/0N'0,'01%
%(,",MN')".'/"+&)#0&-(0-&%'$1/8%'01%
:,#"/)"#'28)(%.'M,&%'%M21)#/#',"
&%#0,&)0/,"',+'0&-#0')".'.%M,(&)(N
+,&M%.')'3,,.'*)#/#'+,&'+-&01%&'./#(-#F
#/,"#P'ZA%&N,"%')3&%%.'01)0'#-#0)/")*8%
2%)(%'$)#'",0'2,##/*8%'$/01,-0'$,&4/"3
+,&'j-#0/(%')".'&%(,"(/8/)0/,"P'R1%
3&,-2#'%)(1'M).%'&%(,MM%".)0/,"#
+,&'+,88,$F-2')(0/A/0/%#B'$1/(1'&%#-80%.'/"
01/#'j,/"0')22%)85
>
!""#$%&'()&*+,-./0(123$2&45+-$,3(2$%&6(("#)$,3(2
>.#3'/'?0286"$#6;#2'0:7'($#0"3#=%=8/$#;(6&#$':6"30(.#$:766/$#8"#27'
-%2:7#26P"$#6;#<'/3(6=,#9203$@0"00/,#H8/>%(?#0"3#Q0?'"8"?'",#0"3
;(6'#16$"80"#26P"$#10"R0#C%@0,#<6("R8#F0@%;#0"3#H%D/0
V,-"3'2%,28%'/"':,#"/)FY%&D%3,A/")')&%'(,"+&,"0%.'$/01')
./++/(-80'#/0-)0/,"B'01%'&%#-80',+'01%'<JJ>F<JJX'$)&B')".'01%
#%A%&%'0%"#/,"#'01)0'%K/#0'/"'01%':)84)"#P':-0'N,-"3'2%,28%
$)"0'0,'$,&4'+,&'2%)(%B'+&%%.,M')".')'+-0-&%'01)0'3/A%#')
./3"/+/%.'%K/#0%"(%'+,&'%A%&N,"%P'7"0%&")0/,")8'(,,2%&)0/,"
*%0$%%"'N,-"3'2%,28%')".'#(1,,8#'(,"0&/*-0%#'0,$)&.#'01/#
)/MP
R1/#'(,"+%&%"(%'M).%')'#0)&0'0,'01%'2&,(%##',+'3%00/"3'0,'4",$
%)(1',01%&B'$1/(1'01%'#(1,,8#'$)"0%.'0,'.%A%8,2')".'.%%2%"P
R1%'0/M%'/#'&/2%'+,&')'(,,2%&)0/A%'2&,j%(0'*%0$%%"'o-0(1')".
:,#"/)"'#(1,,8#B'$1/(1')&%')8#,'*&/"3/"3',01%&'#(1,,8#'/"0,'01%
2&,(%##P'R1%N')&%')22%)8/"3'0,'01%'o-0(1'3,A%&"M%"0')".
,01%&#'0,'#-22,&0'01/#'(,,2%&)0/A%'%.-()0/,")8'2&,j%(0P
!'#-MM)&N',+'01%'2,##/*/8/0/%#'+,&'(,,2%&)0/,"'*%0$%%"'o-0(1
)".':,#"/)"'C(1,,8#5
l'm/.%,F"%0$,&4P'C(1,,8#'(,-8.'M)4%')'A/.%,')*,-0'01%/&
#(1,,8')".'"%/31*,-&1,,.B'01%'A/.%,#'(,-8.'*%'%K(1)"3%.
)".'8%).'0,'"%$'2&,.-(0/,"#',"'#2%(/+/('01%M%#P
l'o/&%(0'(,"0)(0#'*%0$%%"'2-2/8#B'0%)(1%&#')".'#(1,,8'M)")3%F
M%"0B'/"(8-./"3'01&,-31'%M)/8')".'01%'7"0%&"%0P
l'Q,&4/"3'1,8/.)N#5'o-0(1'2-2/8#'&)/#%'M,"%N')".'-#%'/0'0,'1%82
$/01'&%2)/&'$,&4'/"')'#(1,,8',&'(,MM-"/0N'/"':,#"/)P
l'`)0%&/)8#'#-(1')#'(,M2-0%&#')".'%.-()0/,")8'&%#,-&(%#P
C2%(/+/(':,#"/)"'&%h-%#0#'#1,-8.'.%0%&M/"%'$1)0'/#'#%"0P
l'S8)##'2&,j%(0#B'.%A%8,2%.'j,/"08N'*N'0%)(1%&#')".'()&&/%.',-0
*N'01%'2-2/8#B',"'#-*j%(0#'01)0')&%'&%8%A)"0'0,'*,01'(,-"0&/%#
)".'3/A%'&/#%'0,'./#(-##/,"P
l'S-80-&)8'+%#0/A)8#5'M-#/(B'.)"(%B'01%)0&%B'2,%0&NPPP':,&.%&#
+).%')$)N'$/01'(-80-&)8')(0/A/0/%#B'%#2%(/)88N'+,&'N,-"3'2%,28%P
l'[,/"0'2-*8/()0/,"#5')'M-80/8/"3-)8'M)3)D/"%B'+,&'N,-"3'2%,28%
)".'#%(,".)&N'#(1,,8#B')*,-0'.)/8N'8/+%')".'$/01'%)(1'%./0/,"
1)A/"3')'(-&&%"0'01%M%P
C/"(%'01%'(,"+%&%"(%B')88'2)&0/(/2)0/"3'#(1,,8#'1)A%'.%A%8,2%.
01%/&',$"'+,88,$F-2')(0/A/0/%#B'/"(8-./"3'A/.%,'8%00%&#'0,'2)&0"%&
#(1,,8#')".'j,/"0'2)&0/(/2)0/,"'/"')'8)&3%'/"0%&(-80-&)8'2&,j%(0B
_`%0)M,&21,#/#^P'R1%'2)&0"%&'#(1,,8'/"'@,&"j/'m)4-+B':,#"/)B
1)#'/"A,8A%.')'#%(,".'#(1,,85',"%'/#'+,&'`-#8/M#B'01%',01%&'+,&
S&,)0#P'R1%&%'/#'#0/88'M-(1'%"M/0N'*%0$%%"'01%'0$,'3&,-2#B
%A%"'01,-31'01%'$)&'+,&M)88N'%".%.'/"'g%*&-)&N'<JJ;P'R1%'8/"%
*%0$%%"'01%'`-#8/M')".'S&,)0/)"'2)&0#',+'01%'(/0N'/#'#0/88
M)&4%.'*N')'+%"(%P'R1%')/M',+'01/#'/"0%&")0/,")8'2&,j%(0'/#'0,
3&).-)88N'*&/"3')*,-0'M,&%'",&M)8'(,"0)(0#P
g,&'M,&%'/"+,&M)0/,"')*,-0'01%'(,"+%&%"(%')".'/"0%&")0/,")8
%.-()0/,")8'(,,2%&)0/,"B'(,"0)(0'7]m'c7"0%&(1-&(1'9%)(%
S,-"(/8dP'C%%'(,"0)(0'8/#0',"'2)3%'XIP
"#$%&"'&()'*#+,&-(./
7'5&,%8%1'29*"6&
)$?.#&9$-, $/#&0#
9%)(%'/"',-&'(,-"0&NP
!'0&-(%'/"',-&'8)".B
Y)&M,"N'/"',-&'$,&8.B
!88'$)&'*)""%.P
7'8/A%'/"'o-"3)"","B
7^A%'"%A%&'4",$"'2%)(%B
7^M'0/&%.',+'01%'(1,22%&#B
C,8./%&#')".'2,8/(%P
7^M'0/&%.',+'01%'#/&%"#
R1%'0,$"^#'8/4%')'()3%B
7'$/#1'01%&%'$)#'2%)(%B
7^M'%8%A%"'N%)&#',+')3%P
;%&%<:#'855)+
=8+<%++*+,#'*8+9"#>"&*+)
;(6&#J(/+,.$0%"&%\9($%9."@7+$)ZG%X@.%6/;$)%/0%'($%J."))&/.$%"&%B".'($.0
?.$+-0,K#C0%('/#J6//830.,#Q0$78"?26"#9S%0('#O('$$,#)**T
)$1"2+356$C2,#$24$D&.&E#8H#*+'!I&-:/5;&76I&7XX6
p7'4%%2'01/"4/"3')*,-0'01%'M)&(1'7'j,/"%.'0,.)NP'70^#'*/33%&')".
#0&,"3%&'01)"'$)&P'R1)0^#'$1N'/0'$/88'$/"P'R1%'2%,28%'M-#0'*%
01%',"%#'0,'$/"B'",0'01%'$)&B'*%()-#%'$)&'1)#'",01/"3'0,'.,
$/01'1-M)"/0NP'Q)&'/#'#,M%01/"3'/"1-M)"Pq
E"*+'!I&3#*)&6XI&7XX6
pR1)0^#'MN'8/+%a'R1%'8/+%',+')"'/"",(%"0'%8%A%"FN%)&F,8.'#(1,,8F
3/&8aa'!'#(1,,83/&8'$/01,-0'#(1,,8B'$/01,-0'01%'+-"')".'%K(/0%F
M%"0',+'#(1,,8P'!'(1/8.'$/01,-0'3)M%#B'$/01,-0'+&/%".#B'$/01,-0
01%'#-"B'$/01,-0'*/&.#B'$/01,-0'")0-&%B'$/01,-0'+&-/0B'$/01,-0
(1,(,8)0%',&'#$%%0#B'$/01'j-#0')'8/008%'2,$.%&%.'M/84P'7"'#1,&0B')
(1/8.'$/01,-0')'(1/8.1,,.P'!'$)&0/M%'(1/8.P'7'",$'&%)8/D%'01)0'7
)M'&%)88N'8/A/"3'01&,-31')'$)&B'7')M'$/0"%##/"3')"'-38NB'./#3-#0F
/"3'$)&P'7')".'01,-#)".#',+',01%&'(1/8.&%"'/"'01/#'0,$"'01)0'/#
*%/"3'.%#0&,N%.B'01)0'/#'(&N/"3B'$%%2/"3B'#%%4/"3'1%82B'*-0
3%00/"3'","%P'@,.B'$/88'01/#'%A%&'#0,2B'$/88'7'%A%&'*%')'#(1,,83/&8
)3)/"B'$/88'7'%A%&'%"j,N'MN'(1/8.1,,.')3)/"n'7',"(%'1%)&.'01)0
(1/8.1,,.'/#'01%'M,#0'$,".%&+-8'0/M%',+'N,-&'8/+%P'!".'/0'/#P'7
8,A%.'/0B')".'",$')"'-38N'$)&'/#'0)4/"3'/0')88')$)N'+&,M'M%Pq
;(6&%]+-'-Z)%E/-.AG%H%J(/+,Z)%6/&$%/0%!-.-I$;"
U/020#V8/8=648:K#W'P#X6(@Y#O'"?%8"#166@$,#)**Z
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
/#&0#$26$B-(4'
D1#'+"/&'*+&*)5(%<"#/5*(&0)/#&G)/)&'$
G'/&$%/))&$5@)4&+#/5*(&$%)&6N$%&8)*$#/!
+#)&$"&'&<"/+)/&+54:#$)=&W"#*(&:)":;)
G)/)&)4:)15';;!&'..)1$)+&5*&<"$%&D1#'C
+"/&'*+&0)/#I&45*1)&$%)!&%'+&$"&4)/?)&5*
$%)5/&/)4:)1$5?)&'/@5)4=&-;$%"#(%&$%)
("?)/*@)*$4&".&<"$%&1"#*$/5)4&.5*';;!
1'@)&$"&+541#44&$%)&*))+&$"&45(*&'
:)'1)&'(/))@)*$I&'$&+5..)/)*$&$5@)4
$%)/)&G)/)&</)'A+"G*4&$%'$&/54A)+
)*+'*()/5*(&$%)&:)'1)&:/"1)44=&85?5;
4"15)$!&"/('*5K'$5"*4&5*&<"$%&1"#*$/5)4
1"*454$)*$;!&4$/)44)+&$%)&*))+&."/
;'4$5*(& :)'1)=
7"'[-"%'<JJLB'01%'!(-%&.,'U)(/,")8
[-A%"/8'c!U[dB'/"'$1/(1'01%'Z(-).,&
!S['cV`S!d'/#'A%&N')(0/A%B'0,3%01%&
$/01'N,-01',&3)"/D)0/,"#'+&,M'9%&-B
/"(8-./"3'01%'9%&-'V`S!B',&3)"/D%.'01%
9%)(%'/#'V,-"3'%A%"0B'/"',&.%&'0,'2&,F
M,0%')'(-80-&%',+'2%)(%P'V,-01'M%MF
*%&#',+'01%'V`S!',+'7&%8)".')8#,'2)&0/(/F
2)0%.'/"'01%'2&,(%##B')../"3'01%/&
2%%(0/A%#'+&,M'01%/&',$"'$,&4'/"
(,"+8/(0'M%./)0/,"')".'&%#,8-0/,"P
9%)(%'/#'V,-"3'$)#',&3)"/D%.'/"',&.%&
0,'2&%##'3,A%&"M%"0#'0,'#/3"'01%'2%)(%
)3&%%M%"0#B')".'0,'2&,A/.%')"',22,&0-F
"/0N'+,&'2%,28%'0,'#1)&%'01%/&'A/%$#',"
$,&4/"3'0,$)&.#')'(-80-&%',+'2%)(%
*%0$%%"'01%'N,-01',+'*,01'(,-"0&/%#P
eA%&'H??'N,-"3'2%,28%'2)&0/(/2)0%.'/"
9%)(%'/#'V,-"3P'!'#%M/")&',"'2%)(%
)".'/"0%3&)0/,"'$)#'1%8.'/"'f-/0,B'01%
()2/0)8',+'Z(-).,&B'+,88,$%.'*N')'*/F
")0/,")8'()M2'$1%&%'2%,28%'(,"0/"-%.
./#(-##/"3'2&,2,#)8#P'!'2%)(%'&)88N')".
N,-01'+%#0/A)8',"'01%'*,&.%&'*%0$%%"
01%'0$,'(,-"0&/%#'(,"(8-.%.'01%'M%%0F
/"3P'!'V,-01'9%)(%'`)".)0%'$)#'$&/0F
0%"'-2'*N'01%'N,-"3'8%).%&#')".'.%8/AF
%&%.'0,'01%/&'&%#2%(0/A%'g,&%/3"'!++)/&#
C%(&%0)&/%#P'R1%&%'$)#'$/.%'M%./)
(,A%&)3%B'M)4/"3'01%'/M2)(0'#0&,"3%&P
9%)(%'/#'V,-"3'$)#',"%',+'01%'2&,(F
%##%#'01)0'(,"0&/*-0%.'0,'01%'#/3"/"3',+
01%'+/")8'2%)(%')3&%%M%"0'*%0$%%"
Z(-).,&')".'9%&-'/"'e(0,*%&'<JJLP
?
7'5&,%8%1'29*"6&
!"#$%&'()$*+,(#&$#-&
.'$/&0/(1+2('&3#&0/(045-2'&+(1+2()$*/4
J%/"#(%&'1$5?)&:'/$515:'$5"*&5*&:)'1)
'+?"1'1!&'*+&4"15';&/)1"*4$/#1$5"*I
!"#*(&:)":;)&1'*&<)1"@)&'G'/)&".&$%)
1%"51)4&":)*&$"&$%)@I&'*+&$%)&1"*4)C
Y#)*1)4&".&$%)4)&1%"51)4=&J%)5/&5*?";?)C
@)*$&5*&:)'1)<#5;+5*(&:/"1)44)4&54&?5$';
$"&)*4#/)&$%'$&#:1"@5*(&;)'+)/4&'/)
G);;&5*."/@)+&'*+&@5*+.#;&".&$%)5/&/)C
4:"*45<5;5$!&$"&4"15)$!I&'*+&."/&4#4$'5*C
'<;)& %#@'*& +)?);":@)*$=
l''@%0'M,&%'N,-"3'2%,28%'0,'A,0%P'Q,&4
$/01' 2&,F.%M,(&)(N6A,0%&' %.-()0/,"
3&,-2#'0,'8%)&"'%++%(0/A%'0%(1"/h-%#'+,&
%"(,-&)3/"3'2)&0/(/2)0/,"P'Y,8.'A,0%&
%.-()0/,"'.)N#'0,'%K)M/"%'01%'/M2)(0
,+'8,$'A,0%&'0-&",-0P'W%)&"'1,$'0,
&%3/#0%&'A,0%&#')".'&%)(1',-0'0,'(,MM-F
"/0/%#'$/01'8,$'&%3/#0&)0/,"'&)0%#P'o%F
A%8,2'2)M218%0#'$/01'/"+,&M)0/,"',"
()"./.)0%#B'01%/&'2,#/0/,"#B')".'1,$
01%N'$/88')++%(0'N,-"3'2%,28%P
l''o,')'#-&A%N',+',&3)"/D)0/,"#'0,'#%%'/+
01%N'1)A%'N,-01'/"'2,#/0/,"#',+'8%).%&F
#1/2P'C%".'01%M'N,-&'&%#-80#')".'%"F
(,-&)3%'01%M'0,')22,/"0'N,-01'0,'01%/&
*,)&.#')".').A/#,&N'(,-"(/8#P'g,88,$'-2
)'+%$'M,"01#'8)0%&'0,'#%%'/+'01%N'1)A%
.,"%'#,P'7+'",0B'4%%2'2&%##-&/"3'01%MP
l''S&%)0%')'2%%&'%.-()0/,"'2&,3&)MM%
)0'N,-&'#(1,,8',&'N,-01',&3)"/D)0/,"P
V,-"3'2%,28%'%.-()0/"3',01%&#',"
/M2,&0)"0'/##-%#'/#'%M2,$%&/"3'+,&'*,01
01%'2%%&'%.-()0,&#')".'01%'2)&0/(/2)"0#P
S,"0)(0'N,-01'.%A%8,2M%"0',&3)"/D)F
0/,"#'0,'+/".',-0'/+'01%N'1)A%'(-&&/(-8-M
M)0%&/)8#')".'/.%)#'N,-'()"'-#%P
l''@/A%'N,-01'M%)"/"3+-8'&,8%#'/"')88
+,&M#',+'2,8/(N'M)4/"3b",0'j-#0'&%F
#2,"./"3'0,'#,M%01/"3')8&%).N'(&%)0%.P
R,,',+0%"B'N,-01')&%'-#%.'/"')'0,4%"
M)""%&P'R1%'"%K0'3%"%&)0/,"',+'8%).%&#
"%%.#'0,'*%'"-&0-&%.')".'3/A%"'01%
,22,&0-"/0N'0,'0)4%'&/#4#')".'8%)&"'+&,M
01%MP'V,-01'#1,-8.'*%'/"(8-.%.',"
%A%&N'*,)&.P'9,8/0/()8'&%2&%#%"0)0/A%#
#1,-8.')22,/"0'N,-01').A/#,&#P
l''ZM2,$%&'M)&3/")8/D%.'N,-01'*N
2&,A/./"3',22,&0-"/0/%#'0,'%K%&(/#%
2,#/0/A%'8%).%/2P'e&3)"/D%'(,MM-F
"/0N'#%&A/(%'2&,j%(0#k'%"(,-&)3%'01%
2,8/(%'0,'-".%�)".'01%'(,MM-"/0N
*%00%&'*N'1,8./"3'M%%0/"3#'$/01'8,()8
N,-"3' 2%,28%P
9*&45$#'$5"*4&".&G'/&"/&15?5;&+54$#/<'*1)I&1%5;+/)*&'/)&*"$&"*;!
%'/@)+&<!&1%'*1)&<#$&'/)&4"@)$5@)4&+);5<)/'$);!&A5+*'::)+I
/':)+I&1"*41/5:$)+&'4&1%5;+&4";+5)/4I&."/1)+&5*$"&<)1"@5*(
1%5;+CG5?)4I&"/&A5;;)+&G5$%&$%)&5*$)*$&$"&G5:)&"#$&'*&)*$5/)&)$%*51
(/"#:&"/&/'1)=&Z)/!&".$)*&$""I&1%5;+/)*&'/)&$%/"G*&"#$&".&$%)5/
%"@)4&5*$"&$%)&4$/))$&"/&."/1)+&$"&<)1"@)&/).#())4=
@A
l''C/M28/+N')".'0&)"#8)0%'$1%&%'"%(%##)&N'01%'S,"A%"0/,"',"
01%'\/310#',+'01%'S1/8.'+,&'$/.%&'./##%M/")0/,"B'*%00%&'-".%&F
#0)"./"3')".'M,&%'%++%(0/A%'-#%')#')'0,,8'0,'#-22,&0'N,-&
2,#/0/,"#',"'/##-%#',+'(,"(%&"P
l''S1/8.&%"'$1,'1)A%'%K2%&/%"(%.'A/,8%"(%'"%%.'#)+%'#2)(%#
)".'(,"#0&-(0/A%'$)N#'0,'(1)""%8'01%/&'%"%&3NP'V,-01',&3)"/D)F
0/,"#')".'-"/A%&#/0/%#'()"'$,&4'$/01'8,()8')".'")0/,")8')-01,&/F
0/%#'0,'%#0)*8/#1'#)+%'1)A%"')".'A/,8%"(%'2&%A%"0/,"'#(1%M%#
2&,A/./"3'&%(&%)0/,"')".'%.-()0/,")8')(0/A/0/%#'+,&'(1/8.&%"P
V,-01'_M%"0,&#^'()"'&%(%/A%'(&%./0#'+,&'01/#'+&,M'01%/&'-"/A%&#/0NP
l''C0)&0')"')$)&%"%##'()M2)/3"'0,'1/318/310'01%'%++%(0#',+'$)&
)".'(,"+8/(0',"'(1/8.&%"')".'N,-"3'2%,28%P'`)"N'2%,28%'.,'",0
4",$'j-#0'1,$'M-(1'01%N')&%'%++%(0%.'*N'01%#%'%A%"0#P
!-5"5+1/&(65$-&+0&(1/(/4&(-$01-(-&6&8"@@#*';&?5";)*1)&1'*&$'A)&$%)&."/@&".&5*$)/C)$%*51&1;'4%)4I
4$#+)*$&/5"$4I&/);5(5"#4&#:/545*(4I&)$1=&-$&4#1%&$5@)4I&!"#$%&'/)
<"$%&:;'!)/4&'*+&?51$5@4=&Z)/!&".$)*&$%)&:";51)&/)4:"*+&G5$%
$)'/&('4&"/&;5?)&'@@#*5$5"*=&Z5";)*1)&1/)'$)4&'&()*)/';&4$'$)&".
.)'/&'*+&5*4)1#/5$!I&;)'+4&$"&$%)&1;"4#/)&".&41%"";4&'*+&1";C
;)()4I&5*M#/!I&'*+&$"&$%)&1#;$#/)&".&?5";)*1)&<)1"@5*(&'&G'!&".
;5.)=&8"@@#*5$5)4&@'A)&*'$5"*4I&*'$5"*4&@'A)&$%)&5*$)/*'$5"*';
1"@@#*5$!=&H"&.)'/I&5*4)1#/5$!&'*+&1%'"4I&5.&*"$&:/":)/;!&'+C
+/)44)+I&1'*&<)&'&$5@)&<"@<&G'5$5*(&$"&)L:;"+)&'$&"$%)/&;)?);4=
l''e&3)"/#%')&0')".'%##)N'(,M2%0/0/,"#',"'2%)(%')".'$1)0'/0
M%)"#'+,&'N,-01')".'01%'(,MM-"/0NP'S,M2/8%')".'.,(-M%"0
N,-"3'2%,28%^#'01,-310#',"'2%)(%'0,'/"+,&M'01%').-80'(,MM-F
"/0N',+'01%'(,"(%&"#',+'N,-01')".'(1/8.&%"P
l''7"/0/)0%')".'M)/"0)/"')'N,-01'"%0$,&4')(&,##'(,MM-"/0/%#',&
(,-"0&/%#B')".'1,8.'2%&/,./('M%%0/"3#'0,'&%A/%$')".').,20
+&%#1'#0&)0%3/%#'+,&'(-&*/"3'A/,8%"(%P
l''C2,"#,&')'2%)(%M)4%&#^'0&)/"/"3'$1%&%'N,-"3'2%,28%'()"
8%)&"'(,"+8/(0'&%#,8-0/,"B'M%./)0/,"B'(,"#%"#-#F*-/8./"3')".
(,MM-"/0N',&3)"/D/"3'#4/88#P'\%)(1',-0'0,'#(1,,8'3&,-2#B',01%&
N,-01',&3)"/D)0/,"#B'%.-()0,&#B')".',01%&#'0,'3%0'2)&0/(/2)"0#P
S,"0)(0'2%)(%',&3)"/D)0/,"#'0,'1%82'(,".-(0'01%'0&)/"/"3P
?*()+@A#B)%C)#D#=)6)5*E()+9#F&<%+4G%94*+,#;%<*A
H5*2%5#I4JA,#.)K#L*&M
"#$%&"'&()'*#+,&-(./
:456.&"'2%9'/%;$.6$
9*&"/+)/&$"&1"@<'$&$%)&1#;$#/)&".&?5";)*1)&$%'$&:)/?'+)4&"#/
4"15)$!I&$%)&1"@5*(&()*)/'$5"*&+)4)/?)4&'&/'+51';;!&+5..)/)*$
)+#1'$5"*["*)&$%'$&+")4&*"$&(;"/5.!&G'/&<#$&)+#1'$)4&."/
:)'1)&'*+&*"*?5";)*1)&'*+&5*$)/*'$5"*';&1"":)/'$5"*=&J%)
,'(#)&-::)';&."/&0)'1)&4))A4&$"&;'#*1%&'&G"/;+G5+)
1'@:'5(*&$"&)@:"G)/&:)":;)&'$&';;&;)?);4&G5$%&$%)
:)'1)@'A5*(&4A5;;4&".&@)+5'$5"*I&1"*.;51$&$/'*4."/@'$5"*I
1"*4)*4#4C<#5;+5*(&'*+&*"*C?5";)*$&4"15';&1%'*()=
R1%'9%)(%'Z.-()0/,"'U%0$,&4',+'01%
:&/0/#1'U)0/,")8'9%)(%'S,-"(/8'#-33%#0#
01%'+,88,$/"3')22&,)(1'0,'-".%�)"./"3
%.-()0/,"' +,&' 2%)(%5
LM72=$+"'9-*'8"$="<'62G$/':)(.+&'$/7'H"G-=*$=3J
6$(2"'F("/7$'9-*'8"$="'$/7'12&+)="'9-*'+."'40&+'E"/+2*3
l''\%#2%(0'+,&',01%&#'&%3)&.8%##',+'&)(%B
3%".%&B')3%B'")0/,")8/0NB'(8)##B'#%K-)8/0NB
)22%)&)"(%B'2,8/0/()8',&'&%8/3/,-#'*%8/%+B
21N#/()8',&'M%"0)8')*/8/0NP
l''ZM2)01Nb)'$/88/"3"%##'0,
-".%�)".'01%'A/%$#',+',01%&#'+&,M
01%/&' #0)".2,/"0P
l''!'*%8/%+'01)0'/"./A/.-)8#')".'3&,-2#',+
2%,28%'()"'M)4%'+,&'2,#/0/A%'(1)"3%
l''!22&%(/)0/,"',+')".'&%#2%(0'+,&
./A%&#/0NP
l''C%8+F%#0%%Mb)((%20/"3'01%'/"0&/"#/(
A)8%',+',"%#%8+P
l''S,MM/0M%"0'0,'#,(/)8'j-#0/(%B'%h-/0N
)".' ","A/,8%"(%P
l''S,"(%&"'+,&'01%'%"A/&,"M%"0')".
-".%�)"./"3',+',-&'28)(%'/"'01%
%(,#N#0%MP
l''S,MM/0M%"0'0,'%h-)8/0NP
F"&:$26$*#&0#$#3(0&:2-4G
>"4'%*, %)&.6&%&2(6.#"*/=
R1%'2%)(%'%.-()0/,"'$%'.%#%&A%'/"(8-.%#'1-M)"'&/310#B
.%A%8,2M%"0')".'%"A/&,"M%"0)8'%.-()0/,"P'Y-M)"'#%(-&/0N
)".'./#)&M)M%"0'/##-%#B'&%(,"(/8/)0/,"B'(,"+8/(0'2&%A%"0/,"6
&%#,8-0/,"'0&)/"/"3B'(&/0/()8'M%./)')$)&%"%##B'3%".%&'#0-./%#B
","FA/,8%"(%')".'/"0%&")0/,")8'&%8)0/,"#')&%')88'2)&0',+'2%)(%
%.-()0/,"P'R1%'M%01,.,8,3N',+'2%)(%'%.-()0/,"'%"(,-&)3%#
(&/0/()8'01/"4/"3')".'2&%2)&%#'#0-.%"0#'0,')(0',"'01%/&
(,"A/(0/,"#P
O-&+).5*5$5"*&".&0)'1)&D+#1'$5"*&'4&$)'1%5*(&'*+&;)'/*5*(
'<"#$&$%)&?';#)4I&'$$5$#+)4&'*+&."/@4&".&<)%'?5"#/&$%'$&/).;)1$
/)4:)1$&."/&;5.)I&."/&%#@'*&<)5*(4&'*+&$%)5/&+5(*5$!I&'*+&."/&';;
%#@'*&/5(%$4I&$%)&/)M)1$5"*&".&?5";)*1)&5*&';;&5$4&."/@4&'*+
1"@@5$@)*$&$"&$%)&:/5*15:;)4&".&./))+"@I&M#4$51)I&4";5+'/5$!I
$";)/'*1)&'*+&#*+)/4$'*+5*(&'@"*(&:)":;)4&'*+&<)$G))*
(/"#:4&'*+&5*+5?5+#';4=P
1&*(#3%<8)#NEE)%5#O*&#B)%C)#C*+O)&)+C)#A)AA4*+#&)E*&9#*+#E)%C)
)J8C%94*+#4+#%#+*+PO*&(%5#)+64&*+()+9Q
;.<(&'%./2%.##"#(2&'%,*+
)&.6&%&2(6.#"*/=
l''R,'-".%�)".'01%'")0-&%')".',&/3/"#
,+'A/,8%"(%')".'/0#'%++%(0#',"'*,01'A/(0/M
)".' 2%&2%0&)0,&P
l''R,'(&%)0%'+&)M%$,&4#'+,&')(1/%A/"3
2%)(%+-8B'(&%)0/A%'#,(/%0/%#P
l''R,'#1)&2%"')$)&%"%##')*,-0'01%
%K/#0%"(%' ,+' -"2%)(%+-8' &%8)0/,"#1/2#
*%0$%%"'2%,28%')".'$/01/"')".
*%0$%%"' ")0/,"#P
l''R,'/"A%#0/3)0%'01%'()-#%#',+'(,"+8/(0#
)".'A/,8%"(%'%M*%..%.'$/01/"
2%&(%20/,"#B'A)8-%#')".')00/0-.%#',+
/"./A/.-)8#')#'$%88')#'$/01/"'#,(/)8')".
2,8/0/()8'#0&-(0-&%#',+'#,(/%0NP
l''R,'%"(,-&)3%'01%'#%)&(1'+,&
)80%&")0/A%',&'2,##/*8%'","A/,8%"0'#4/88#P
l''R,'%h-/2'(1/8.&%"')".').-80#'$/01
2%&#,")8'(,"+8/(0'&%#,8-0/,"'#4/88#P
O0)'1)&)+#1'$5"*&+")4&*"$&45@:;!&@)'*&;)'/*5*(&'<"#$
1"*.;51$4&'*+&%"G&$"&/)4";?)&$%)@&:)'1).#;;![5$&4%"#;+&';4"
5*?";?)&;)'/*5*(&@)$%"+4&G%51%&'/)&:'/$515:'$"/!&'*+
)*1"#/'()&!"#*(&:)":;)&$"&)L:/)44&$%)5/&"G*&5+)'4&'*+
1"":)/'$)&G5$%&)'1%&"$%)/&$"&'1%5)?)&1"@@"*&("';4=P
.%94*+%5#B)%C)#'*8+C45,#-I
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
@@
:456.&"'2%9'/%;$.6$
!"#$%"&'%()%*+,&-#.
/0%10&2341%5*#,
R1%'Y)3-%'!22%)8^#'@8,*)8'S)M2)/3"
+,&'9%)(%'Z.-()0/,"'$)#'8)-"(1%.')0
01%'Y)3-%'S,"+%&%"(%'/"'`)N'<JJJP
R1%'()M2)/3"'1)#'0$,'3,)8#P'g/�B'0,
*-/8.'2-*8/(')$)&%"%##')".'2,8/0/()8
#-22,&0'+,&'01%'/"0&,.-(0/,"',+'2%)(%
%.-()0/,"'/"0,')88'#21%&%#',+'%.-()0/,"B
/"(8-./"3'","F+,&M)8'%.-()0/,"B')".'/"
)88'#(1,,8#'01&,-31,-0'01%'$,&8.P
C%(,".B'0,'2&,M,0%'01%'%.-()0/,"',+')88
0%)(1%&#'0,'0%)(1'+,&'2%)(%P
7M)3/"%'/+'N,-&'1%).0%)(1%&',&'`/"/#0%&',+'Z.-()0/,"'3,0
01,-#)".#',+'8%00%&#'+&,M'#0-.%"0#'.%M)"./"3'01%'/"0&,.-(0/,"
,+'2%)(%'%.-()0/,"'/"0,'#(1,,8#B'-"/A%&#/0/%#')".',01%&
%.-()0/,")8'/"#0/0-0/,"#a'V,-'(,-8.'%A%"'#0)&0'#,M%'8-"(10/M%
)(0/A/0/%#'N,-&#%8A%#B'#-(1')#'(,,2%&)0/A%'3)M%#',&')"0/F
*-88N/"3')(0/A/0/%#P'R)84'0,'N,-&'(8)##'0%)(1%&#B'/"0%&%#0'01%M'/"
N,-&'/.%)#')".'%"(,-&)3%'01%M'0,'&)/#%'01%'/##-%'/"'#0)++
M%%0/"3#')".'$/01'01%'1%).'0%)(1%&62&/"(/2)8P'7+'N,-')&%')
#(1,,8'#0-.%"0B')#4'N,-&'2)&%"0#'0,'#-22,&0'N,-&'%++,&0#'*N
#-33%#0/"3'2%)(%'%.-()0/,"')(0/A/0/%#')0'2)&%"0#^'%A%"/"3#P
:%8,$'/#')'8%00%&B'$1/(1'N,-'M/310'8/4%'0,'-#%')#')'*)#/#'+,&'N,-&
,$"P'@%0'N,-&'(8)##M)0%#'/"A,8A%.b)#4'01%M')88'0,'#/3"',&
$&/0%'01%/&',$"'8%00%&#P'W%0^#'%"#-&%'01)0'3%"%&)0/,"#',+'01%'"%K0
(%"0-&N')&%'*%00%&'%.-()0%.'+,&'2%)(%')".'j-#0/(%P
7(8&,.#&-$9"$3:2&8();1
?(66&''%'#*+5
R1%'@8,*)8'S)M2)/3"'+,&'9%)(%
Z.-()0/,"'/#',2%"'0,'01%'/"/0/)0/A%#',+
/"./A/.-)8#')".'3&,-2#'01&,-31,-0'01%
$,&8.P'R1%'$,&4',+'01%'()M2)/3"'/#
()&&/%.',-0'/"'%)(1'(,-"0&NB'%)(1
(,MM-"/0NB'*N'3&,-2#')".'/"./A/.-)8#P
-&%5(%&41%"";&4$#+)*$&1';;)+&3)/)@!&\541%)/&45*(;)C%'*+)+;!
$""A&"*&%54&41%"";&5*&R)$%)4+'I&]H-I&"?)/1'@)&"::"45$5"*
G5$%5*&$%)&41%"";I&'*+&"/('*5K)+&'&:)'1)&4$#+5)4&1"#/4)I
G%51%&G'4&?)/!&:":#;'/&'@"*(&4$#+)*$4=&3)/)@!&."#*+&$%'$
@"4$&:)":;)&;5A)+&$%)&5+)'&".&:)'1)&4$#+5)4I&<#$&1"*45+)/)+&5$
$"&<)&5@:/'1$51';&5*&$%)5/&41%"";=&R#$&%)&+5+*^$&(5?)&#:=&3)/)@!
5*?)4$)+&'&;"$&".&%'/+&G"/A&'*+&$5@)I&'*+&)?)*$#';;!&."#*+&'
4!@:'$%)$51&$)'1%)/&G%"&G'4&G5;;5*(&$"&$)'1%&$%)&1"#/4)=
,'?5*(&*)?)/&$'#(%$&:)'1)&4$#+5)4&<)."/)I&$%)&$)'1%)/
%5@4);.&';4"&('5*)+&'&;"$&./"@&5$=&_)$)/@5*'$5"*&'*+
1"@@5$@)*$&G"/AI&4"&(5?)&5$&'&("S
V,-'()"',&3)"/D%'+,&-M#B'$&/0%'8%00%&#B
(/&(-8)0%'2%0/0/,"#B'(&%)0%'$,&4/"3
3&,-2#B'+,&M'.%8%3)0/,"#'0,'M%%0'$/01
3,A%&"M%"0',++/(/)8#B')".'$&/0%')&0/(8%#
+,&'2-*8/()0/,"P'R1/"4',+'N,-&',$"'$)N#
,+'*-/8./"3'#-22,&0'+,&')".
/M28%M%"0/"3' 2%)(%' %.-()0/,"a
<.$,&-$2&=(+2:&"#("%#&5(>
e"%'$)N'0,'1%82'3%0'2%)(%'%.-()0/,"
/"0,'N,-&'/"#0/0-0/,"')".'(-&&/(-8-M'/#'0,
$&/0%'0,'01%'2%,28%'$1,'1)A%'/"+8-%"(%
,A%&'01%#%B'%K2&%##/"3'N,-&'$/#1%#')".
.%M)".#P'7+'N,-')&%'+%.'-2',+')88'01%
A/,8%"(%'01)0'#-&&,-".#'-#B'0%88'01%Mb
)".'%K28)/"'$1N'2%)(%'%.-()0/,"'/#
/M2,&0)"0'0,'N,-')".'$1)0'N,-'$,-8.
8/4%'0,'8%)&"P'g,&'%K)M28%B'$1N'.,'$%
,"8N'1%)&')*,-0'$)&#')".'*8,,.#1%.B
$1%"'01%&%')&%'M)"N'#-((%##+-8'2%)(%
/"/0/)0/A%#'3,/"3',"')&,-".'01%'$,&8.n
Y,$'()"'$%'8%)&"'0,'.%)8'$/01')33&%#F
#/,"')".'A/,8%"(%'/"',-&',$"'8/A%#n
Q1)0'/#'","A/,8%"(%n'Y,$'()"'$%
%"#-&%'&%#2%(0'+,&'1-M)"'&/310#n'Q1)0
()"'$%'.,'0,'*-/8.')'(-80-&%',+'2%)(%'/"
,-&',$"'#,(/%0Nn'g/".',-0'$1%&%'01%&%
/#')"',&3)"/D)0/,"'/"'N,-&')&%)'01)0'/#
)8&%).N'.,/"3'$,&4'/"'2%)(%'%.-()0/,"B
#,'01)0'N,-&'1%).'0%)(1%&',&'2&/"(/2)8
.,%#"^0'1)A%'0,'.,'0,,'M-(1'/"/0/)8
&%#%)&(1' 1%&61/M#%8+P
@!
p9)(/+/#M'.,%#'",0'#%%4'M%&%8N'0,'%".')88'A/,8%"0'/"0%&")0/,")8
(,"+8/(0#P'70'#%%4#'0,'0&)"#+,&M',-&'%A%&N.)N'$,&8.'/"0,')
(,M2)##/,")0%'+)M/8NB'A,/.',+'&)(/#MB'1)0&%.B'A/,8%"(%')".
M/#-".%�)"./"3P'7'4",$'7'()"^0'.,'/0')8,"%B'*-0'01/#'M%)"#'7
M-#0'4%%2'0&N/"3'0,'2%&#-).%',01%&#'0,'1%82Pq'c[P'g/#(1%&d
R1%&%'/#')'2%)(%'%.-()0/,"'()M2)/3"'2,#0()&.'$1/(1'N,-'()"
3%0'+&,M')"N',+'01%'Y)3-%'!22%)8',++/(%#'c#%%'2)3%'>dB')".
#%".'0,'N,-&'Y%).',+'C0)0%',&'`/"/#0%&',+'Z.-()0/,"P'R1%
2,#0()&.'%"(,-&)3%#'01%'/"(8-#/,"',+'2%)(%'%.-()0/,"'/"')88
%.-()0/,")8' (-&&/(-8)P
"#$%&"'&()'*#+,&-(./
:456.&"'2%9'/%;$.6$
@*2&<%<&##&+
o%)&' r1%).0%)(1%&62&/"(/2)86`/"/#0%&' ,+' Z.-()0/,"68,()8
%.-()0/,"')-01,&/0NB'%0(Ps
7')M'$&/0/"3'0,'N,-'0,'&%h-%#0'01%'/"0&,.-(0/,"',+'2%)(%
%.-()0/,"'/"0,',-&'r#(1,,86-"/A%&#/0N6%.-()0/,"s'#N#0%MP'ZA%&N
.)NB'$%')&%'$/0"%##%#'0,')(0#',+'A/,8%"(%5',"'01%'0%8%A/#/,"
#(&%%"B',"'01%'#0&%%0#B')".',+0%"'/"',-&'1,M%#')".'#(1,,8#P
!88'$%'1%)&'/"'01%'"%$#')&%'#0,&/%#')*,-0'$)&')".'M-&.%&P
Y/#0,&N'8%##,"#'0%)(1'-#')*,-0')'#%&/%#',+'$)&#P'ZA%"'0,N#
)".'3)M%#')&%',+0%"'.%#/3"%.'0,'#0/M-8)0%'%"j,NM%"0'+&,M
p/M)3/")&Nq'A/,8%"0')(0/A/0/%#P
Q%'1)A%'1).'%",-31b$%'$)"0'0,'8%)&"')*,-0'2%)(%a'Q%
$)"0'0,'4",$'1,$'N,-"3'2%,28%'/"',01%&'(-80-&%#'8/A%B'#,'$%
()"'-".%�)".'%)(1',01%&'*%00%&P'R,'+/".'$)N#',+'3/A/"3
)##/#0)"(%'/"'$1)0%A%&'$)N#'$%'()"'0,'N,-"3'2%,28%'$1,
1)A%'8/A%.'01&,-31')'$)&P'9%&1)2#'$%'()"',&3)"/D%')"
%K(1)"3%'$/01')'r#(1,,86-"/A%&#/0Ns'/"')'(,-"0&N'01)0'/#
&%(,A%&/"3'+&,M'(,"+8/(0P'Q%'$)"0'0,'8%)&"')*,-0'1-M)"
&/310#B',-&'&/310#a'Q%'"%%.'0,'4",$'1,$'0,'.%)8'$/01'01%
)33&%##/,"')".'A/,8%"(%'$%'+)(%'/"',-&',$"'8/A%#5'1,$'()"
$%'-".%�)".'01%'&,,0#',+'(,"+8/(0#n'Q1)0'.,'$%'.,')*,-0
*-88N/"3n'Y,$'()"'$%'M%./)0%'/"')'(,"+8/(0'$%'#%%'3,/"3',"
*%0$%%"',-&'+&/%".#n
R1%'N%)&'>???'/#'01%'7"0%&")0/,")8'V%)&'+,&')'S-80-&%',+
9%)(%B')".'M)&4#'01%'*%3/""/"3',+'01%'T"/0%.'U)0/,"#
o%().%'+,&')'S-80-&%',+'9%)(%')".'U,"A/,8%"(%'+,&'01%
S1/8.&%"',+'01%'Q,&8.P'Q%'$,-8.'8/4%',-&'r#(1,,86-"/A%&#/0N6
(,-"0&Ns'0,'28)N')'2)&0'/"'01%'*-/8./"3',+')'(-80-&%',+'2%)(%B
$1/(1'/#'(&-(/)8'+,&'01%'#-&A/A)8',+'+-0-&%'3%"%&)0/,"#P'9%)(%
#0-./%#'/"')88'%.-()0/,")8'/"#0/0-0/,"#'$,-8.',+'(,-&#%'*%')
$,".%&+-8'(,"0&/*-0/,"'0,'01/#'2&,(%##B')".',"%'01)0'7')#')
#0-.%"0'$,-8.'*%"%+/0'+&,M'%",&M,-#8NP
R1%&%'/#')"',&3)"/D)0/,"'/"'rPPPs'01)0'1)#')'8,0',+'%K2%&/%"(%'/"
2%)(%'%.-()0/,"P'Q%'()"'(,"0)(0'01%M'0,'3%0'M,&%
/"+,&M)0/,"')".'/.%)#P''R1%/&')..&%##60%8%21,"%6+)K6%FM)/8'/#
rPPPsP
7'A%&N'M-(1'1,2%'N,-')22&%(/)0%'01%'3&%)0'"%%.'+,&'2%)(%
%.-()0/,"')0')'0/M%'$1%"'%A%&N,"%'/#'#,M%1,$')++%(0%.'*N
01%'(-80-&%',+'A/,8%"(%',-&'#,(/%0N'1)#'(&%)0%.B')".'01)0'N,$/88'%")*8%',-&'r#(1,,86-"/A%&#/0N6%.-()0/,"'#N#0%Ms'0,'28)N')
8%)./"3'&,8%'/"'.%A%8,2/"3')'(-80-&%',+'2%)(%P
R1)"4'N,-'+,&'N,-&'0/M%')".'(,,2%&)0/,"P
V,-&#'#/"(%&%8N
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
D:(3#4:6$,-.
*#&0#$H$E(6:20#I
2.3"4()*+("5/%*'(%'(450**-4
70'M/310'#%%M'01)0'#0-.N/"3b)0'#(1,,8
)".')0'1,M%b8%)A%#'",'0/M%'+,&'#)A/"3
01%'$,&8.a'Y,$%A%&B'#(1,,8'.,%#
2&,A/.%')'(,MM-"/0N')".'&%#,-&(%#'01)0
$%'()"'-#%B'0,'%K28,&%')".')(0',"'01%
/##-%#'$%'+%%8')&%'&%)88N'/M2,&0)"0'+,&
,-&'(,MM,"'+-0-&%P
70'/#'%##%"0/)8'01)0'N,-"3'2%,28%'/"+,&M
01%M#%8A%#')".',01%&#')&,-".'01%MB
%#2%(/)88N'$1%"'01%'A/0)8'h-%#0/,"#'8/4%
j-#0/(%B'2%)(%')".'","A/,8%"(%')&%'",0
(,A%&%.'*N'#(1,,8'(-&&/(-8)',&'%K28,&%.
/"'01%'M%./)P
A+8./"9&%"#B
@%0')'3&,-2',+'/"0%&%#0%.'2%,28%
0,3%01%&P'o/#(-##'01%'/##-%#'01)0')&%
/M2,&0)"0'0,'N,-"3'2%,28%'/"'N,-&
#(1,,8B')&%)',&'(,-"0&Nb(1,,#%
2&/,&/0/%#'0,'(,"(%"0&)0%',"B',&'+,&M
#M)88%&'3&,-2#'0,'#2%(/)8/D%'/"'./++%&%"0
)&%)#P'V,-'(,-8.'01/"4')*,-0'$1)0'4/".
,+'2&,*8%M#',&'"%%.#'%K/#0'/"'N,-&'8,()8
(,MM-"/0NP'7#'01%&%')'2&,*8%M'$/01
A/,8%"(%n'!&%'01%&%'&%+-3%%#n'!&%
2%,28%'#-++%&/"3'+&,M'01%'$)&'/".-#0&NPPP
,&'*%"%+/0/"3n'o,'2%,28%')#4'$1Nn
70^#'3,,.'0,'M%%0'&%3-8)&8NB'#)N',"(%')
$%%4P'Z"8/#0'01%'#-22,&0',+'/"0%&%#0%.
0%)(1%')'3,,.'0%)(1%&'3,%#')'8,"3
$)Na
R1/"4')*,-0'1,$'0,'&)/#%'+-".#')".
)$)&%"%##'+,&'N,-&'2&,j%(0#P'7+'N,-'$)"0
0,'(,88%(0'M,"%N'+,&')'()-#%B',&'+/")"(%
N,-&'3&,-2^#')(0/A/0/%#B'.&)$'-2')
*-.3%0')".'3%0'/0'#-22,&0%.'*N'N,-&
#(1,,8B',&'8,()8'*-#/"%##%#P'Q1)0
/"",A)0/A%'+-".&)/#/"3'%A%"0#'(,-8.'N,,&3)"/D%n'R$,'C$/##'#0-.%"0#'./.')
#2,"#,&%.'(N(8%'&/.%'+&,M'@%"%A)'0,
7#0)"*-8'/"'01%/&'#-MM%&'1,8/.)N#a'R1%N
-#%.'01%'M,"%N'0,'*&/"3'N,-"3'@&%%4
)".'R-&4/#1'SN2&/,0#'0,3%01%&')0'01%
Y)3-%'(,"+%&%"(%'/"'`)N'<JJJ'c#%%
2)3%'GdP
@0
:456.&"'2%9'/%;$.6$
C/#+*2(6&%#$&%"''(&'
7"A/0%'3-%#0'#2%)4%&#'+&,M'8,()8
,&3)"/D)0/,"#'$,&4/"3'/"'01%'&%8%A)"0
+/%8.B'$1%01%&'/0^#'N,-01B'2%)(%B'.%A%8F
,2M%"0B'1-M)"'&/310#B'01%'%"A/&,"F
M%"0PPP'7+'N,-'.,"^0')8&%).N'4",$',+',&3F
)"/D)0/,"#'/"'N,-&')&%)B')#4')'Y)3-%
!22%)8',++/(%'0,'&%(,MM%".')'(,"0)(0P
V,-'()"')8#,',&.%&')'Y)3-%'!22%)8
M,*/8/D)0/,"'A/.%,')".'#1,$'/0')0')
M%%0/"3b,&'2%&1)2#'/"')'8%##,"')0
#(1,,8P'R1%'Y)3-%'!22%)8')".'/0#
()M2)/3"#')".'M%M*%&#'1)A%
/"+,&M)0/,")8'M)0%&/)8#')A)/8)*8%P'V,-&
3&,-2'(,-8.'#2&%).')$)&%"%##'*N
./#0&/*-0/"3'#-(1'/"+,&M)0/,"b,&'M)4%
N,-&',$"a
C/#&+/.#"*/.<"9&%"#B
R1/"4')*,-0'0$/""/"3'$/01')'#(1,,8'/"')
./++%&%"0'(,-"0&NB'2%&1)2#'/"')'&%3/,"',+
(,"+8/(0P'V,-'(,-8.'(1,,#%')'#(1,,8'/"')
28)(%'01)0')8&%).N'1)#'#,M%'(,""%(0/,"
$/01'N,-&'0,$"B'#(1,,8B',&'N,-&'3&,-2^#
/"0%&%#0#P
D&4*/'#+.#&B
S&%)0%'N,-&',$"')80%&")0/A%#a'7+'N,-"3
2%,28%'+%%8'#0&,"38N'%",-31')*,-0')"
/##-%'0,'#0)".'-2')".'.,'#,M%01/"3
)*,-0'/0B'01%'2-*8/('$/88'0)4%'",0/(%P
U,"A/,8%"0'./&%(0')(0/,"'()"'0)4%'M)"N
+,&M#F01%)0&%B'M-#/(B'(,#0-M%#PPP'*%
/M)3/")0/A%a'!".'*%'#-&%'0,'0%88'N,-&
8,()8'M%./)'/"').A)"(%P
Q1N'",0'(1,,#%',"%',+'01%'Y!9'/"0%&F
")0/,")8'2%)(%'()M2)/3"#')".'$,&4',"
/0'+,&')'M,"01',&'#%M%#0%&n'cC%%'2PX;d
• :%3/"'(,"+8/(0'&%#,8-0/,"')".'M%./)0/,"'2&,3&)M#'/"
%8%M%"0)&N')".'M/..8%'#(1,,8#P'`)"N'(-&&%"0'(,"+8/(0
&%#,8-0/,"'2&,3&)M#')&%'0)-310'*N').-80#')".')&%',-0',+'0,-(1
$/01'01%'&%)8/0N',+'N,-01P'V,-"3'2%,28%'#1,-8.'*%'0&)/"%.'0,
#%&A%')#'2%%&'%.-()0,&#B'0%)(1/"3',01%&#')*,-0'(,"+8/(0
&%#,8-0/,"' 0%(1"/h-%#P
• T"0/8'#N#0%M)0/('(-&&/(-8-M'(1)"3%'()"'*%'M).%')0'01%
#(1,,8'*,)&.'8%A%8B'","F2&,+/0'3&,-2#'#1,-8.',++%&'+&%%
$,&4#1,2#',&'N,-01F8%.'2&%#%"0)0/,"#',"'2%)(%B'1-M)"'&/310#
)".'.%M,(&)(N'/"'#(1,,8#',&')+0%&'#(1,,8'1,-&#P'S,"0)(0
N,-01',&3)"/D)0/,"#'0,'#%%'$1%01%&'01%N'1)A%'M)0%&/)8#'N,()"'-#%P
• 7"'01%'TCB'01%&%'/#'8,0#',+'#(1,8)/2'M,"%N')A)/8)*8%'+,&
N,-"3'2%,28%'$1,'%"8/#0'/"'01%'M/8/0)&NP'\)01%&'01)"'&%$)&.
01%M'+,&'01)0B'M,&%'#(1,8)/2'M,"%N'(,-8.'*%')88,00%.'+,&
2%)(%')".'(,MM-"/0N'*-/8./"3'2&,3&)M#P'V,-"3'2%,28%'(,-8.
(&%)0%')"')$)&%"%##'()M2)/3"'$1/(1'%K)M/"%#'01%')M,-"0
,+'M,"%N')".'/"(%"0/A%#'2,-&%.'/"0,'M/8/0)&N'0&)/"/"3')".
(,M2)&%'/0'0,'2%)(%'/"/0/)0/A%#B')".'2-*8/(/D%'01%'&%#-80#P
• Y,8.')'M/"/'Y)3-%'!22%)8'+,&'9%)(%'S,"+%&%"(%'/"'N,-&
(/0NP'R1%'(,"+%&%"(%'()"'/"(8-.%'/"0%&)(0/A%'$,&4#1,2#')".
#2%)4%&#'$1,')..&%##'01%')3%".)'2,/"0#')".'()M2)/3"#P'!
","F2&,+/0'()"'0)4%'01%'8%).',&'/0'()"'*%')'(,)8/0/,"',+'(,MMF
-"/0N',&').A,()(N'3&,-2#P'C0-.%"0'3&,-2#'(,-8.',&3)"/D%')
Y)3-%'%A%"0')0'01%/&'#(1,,8',&'/"'01%/&'(,MM-"/0NP
• 9-*8/#1'2%)(%'%.-()0/,"')".'1-M)"'&/310#'$,&4#1,2#',"
01%'/"0%&"%0')".'./#0&/*-0%'01%M'0,'N,-01'$,&4%&#')".',01%&
/"0%&%#0%.'/"./A/.-)8#'#,'01%N'()"'0&N'01%M'$/01'01%/&'3&,-2#P
H5*2%5#I4JA,#.)K#L*&M
/.-E#0:$23#&6
E*<2%?#&)'%,*+%F&.6&%G,**#)+"/#'H
)+*I&6#%,*+%'6$**<'
!"N,"%'$1,')00%".%.'01%'Y)3-%'!22%)8'+,&'9%)(%'(,"+%&%"(%
(,-8.'",0'+)/8'0,'",0/(%'01%'01,-#)".#',+'(,8,-&+-8')".'/"#2/&/"3
+,,02&/"0#'01)0').,&"%.'01%'(,"+%&%"(%'(%"0&%P'R1%'+,,02&/"0#
$%&%'(,88%(0%.'/"'01%'T]')".'*&,-310'0,'R1%'Y)3-%'*N'01%
U)0/,")8'9%)(%'S,-"(/8B')#'2)&0',+')'2&,j%(0'01)0'/"A,8A%.'M)"N
:&/0/#1'#(1,,8#'/"'01%'Y)3-%'!22%)8'2&,(%##B'%")*8%.'M)"N
$1,'(,-8.'",0')00%".'01%'(,"+%&%"(%'0,'*%'&%2&%#%"0%.'01%&%B
)".'&%+8%(0%.'(1/8.&%"^#'1,2%#')".'/.%)#'+,&')'*%00%&'$,&8.P
:,8.'#0%2#'+,&'2%)(%'+,,02&/"0#'$%&%'(&%)0%.'0,'%"(,-&)3%
2%,28%B'%#2%(/)88N'(1/8.&%"B'0,'01/"4')*,-0'01%'#,&0',+'$,&8.'01%N
$)"0'/"'01%'"%$'M/88%""/-MB')".'01%'(,"(&%0%'#0%2#'01)0'(,-8.
*%'0)4%"'",$'0,'M,A%'-#'/"'01)0'./&%(0/,"P'V,-'()"'%)#/8N
&%28/()0%'01/#'2&,j%(0'/"'01%'#(1,,8#'/"'N,-&',$"'(,MM-"/0Na
N-%7'C+"#&'9-*'8"$="'$+'I."'6$(2"<'O$3'0???
@:
• `)4%')&&)"3%M%"0#'0,'A/#/0'N,-&'8,()8'#(1,,8#P
• !#4'01%'(1/8.&%"'0,'0&)(%')&,-".'%)(1',01%&^#'+%%0'0,'M)4%
)"',-08/"%'+,,02&/"0P
• Q&/0%',&'.&)$'#,M%'/.%)#'+,&'$1)0'01%'(1/8.&%"'$,-8.'8/4%
,01%&'2%,28%'0,'.,'0,'*&/"3')*,-0'2%)(%'/"'01%'$,&8.P'R1/#
"#$%&"'&()'*#+,&-(./
:456.&"'2%9'/%;$.6$
(,-8.'*%'_2%,28%'$1,'()&%^'/"'01%'(,MM-"/0NB'/0'(,-8.'*%
")0/,")8'3,A%&"M%"0',&'/"0%&")0/,")8',&3)"/D)0/,"#B'%P3P'01%
T"/0%.'U)0/,"#P'o/#(-##'$/01'01%'(1/8.&%"'01%#%'./++%&%"0
2%,28%6,&3)"/D)0/,"#P
• Q&/0%',&'.&)$'/.%)#'+,&'$1)0'01%'(1/8.&%"'+%%8'01%N'()"'.,
01%M#%8A%#'0,'*&/"3')*,-0'2%)(%b/"'#(1,,8B'/"'01%/&'+)M/8/%#B'/"
01%/&'8,()8')&%)#',&'")0/,")88N')".'/"0%&")0/,")88NP
• Z"(,-&)3%'01%'(1/8.&%"'0,'*%')#'A/#-)88N')".'A%&*)88N
(&%)0/A%')#'01%N'$/#1'/"'M)4/"3'01%/&'*,8.'#0%2#P'`)4%'/0'(8%)&
01)0'01/#'/#')'$)N',+'%K2&%##/"3'01%/&'/.%)#B'$1/(1'$/88'*%'#%%"
)".'#1)&%.'$/01',01%&#P
• Y,8.')"')##%M*8N'0,'%K28)/"'$1)0'N,-^A%'.,"%')".'2-0')88
01%'+,,02&/"0#',"'./#28)N'/"'01%'#(1,,8P'R1%"',&3)"/D%')"
%K1/*/0/,"'/"'N,-&'0,$"B'0,'./#28)N'01%'+,,02&/"0#'+&,M'#%A%&)8
#(1,,8#B')".'0,'/"A,8A%'M,&%'8,()8'2%,28%'/"'01%'2&,j%(0P
J+&.#"/8%F*'"#"7&%1(#(+&'
!"#$%&'()*+,")+-%)(.(%/0
R1%'+,88,$/"3'h-%#0/,"#'M/310'*%'-#%+-8
0,'1%82'2&,M20'01/"4/"3')".'(&%)0/A/0N5
•! Q1)0'"%%.#'0,'(1)"3%'+,&'-#'0,
1)A%')'2,#/0/A%B'2%)(%+-8'+-0-&%n
•''Q1)0'/#'01%'M,#0'/M2,&0)"0'/##-%'+,&
M%B'+,&'-#n
•!Q1)0'&,8%'()"'76$%'28)N'/"'(1)"3/"3
01/"3#n
•''Y,$'()"'76$%'2&%#%"0'01/#'0,',01%&#n
R1%'2&%#%"0)0/,"#'01)0'&%#-80'()"'0)4%
01%'+,&M',+')&0$,&4B'M-#/(B'2,%M#B
#0,&/%#B'28)N#B'2,#0%&#PPP
1"($/()*+,")+-%)2($3(4$%50
R1%'9%)(%*)"4'/#'01%'28)(%'0,'.%2,#/0
01%'&%#-80/"3'2,%M#B')&0B'#0,&/%#B'%0(P
01)0'1)A%'(,M%'+&,M'01%'#0-.%"0#^
/.%)#B'(,"(%&"#B'(&%)0/A/0NP'Z"(,-&)3%
#(1,,8#'0,'1)A%'8,()8'3)01%&/"3#B'$1%&%
#0-.%"0#'()"'2&%#%"0'01%/&'/.%)#')".
(,"(%&"#'0,'%)(1',01%&')#'$%88')#'0,
8,()8'.%(/#/,"FM)4%&#'#-(1')#
(,-"(/88,&#B'M)N,&#B'`%M*%&#',+
9)&8/)M%"0')".'#,',"P
e&3)"/D%')'M%%0/"3',+'#0-.%"0#'+&,M
./++%&%"0'#(1,,8#'0,'#1)&%'01%/&'A/#/,"#
)".'./#(-##')(0/A/0/%#')".'/##-%#
&%8)0/"3'0,'01%'01%M%#',+'01%'Y)3-%
!22%)8'+,&'9%)(%P'o,"^0'+,&3%0'0,'0%88
,"%',+'01%'Y)3-%'!22%)8',++/(%#')*,-0
N,-&' %A%"0#a
N$//"*''G$7"';3'&=.--%'&+27"/+&')/''!"P'Q"$%$/7RF-+"$*-$
e"'H<'`)&(1'<JJJB'#,M%'I?'N,-"3'2%,28%')3%.'*%0$%%"'<>
)".'>;'()M%'0,3%01%&'+,&'01%'!-(48)".'cU%$'=%)8)".d'Y)3-%
V,-01'ZA%"0P'R1%'.)N'$)#',&3)"/D%.'*N'01%'9%)(%'g,-".)0/,"
)#')'+,&%&-""%&'0,'01%'Y)3-%'(,"+%&%"(%P'9&/M)&N')".
#%(,".)&N'#(1,,8'(1/8.&%"'+&,M')88',A%&'01%'(,-"0&N'$%&%
/"A/0%.'0,'#%0'01%/&'M/".#')".'1%)&0#'0,'01%'0)#4',+'(&%)0/"3
2,#/0/A%')".'2%)(%+-8'+-0-&%#B'01%"'0,'(,M%'-2'$/01')
2&%#%"0)0/,"'01)0'&%2&%#%"0%.'01%/&'A/#/,"P
7"'S&%)0/"3'9,#/0/A%'g-0-&%#B'N,-'M/310
8/4%'0,')..&%##'01%'+,88,$/"3'#2%(/+/(
0,2/(#B')".'0,')..'N,-&',$"5
•'S1)88%"3/"3'2&%j-./(%
• C0&%"301%"/"3'01%'TU
• Y-M)"'\/310#b$1,'1)#'01%Mn
•'\%#2%(0'+,&'01%'%"A/&,"M%"0
• `/8/0)&N'*-.3%0#6#,(/)8'*-.3%0#
•'S,2/"3'$/01'(,"+8/(0
•'9%)(%'/"'01%'"%$'M/88%""/-M
R1%'#0-.%"0#'/"/0/)88N'*&)/"#0,&M%.')*,-0'$1)0'2%)(%'/#B'01%"
#2%"0'01%/&'0/M%'/"'./#(-##/,"'3&,-2#B'$,&4/"3'$/01',01%&
#0-.%"0#B'0,')&&)"3%'2&%#%"0)0/,"#')&,-".'01%/&'(1,#%"'0,2/(P
!0'01%'%".',+'01%'.)NB'01%'2&%#%"0)0/,"#'$%&%'M).%'0,'8,()8
.%(/#/,"FM)4%&#B'$1,'$%&%',A%&$1%8M%.'*N'01%'-".%�)".F
/"3B'/.%)8/#M')".'%"%&3N'01)0'01%'#0-.%"0#'*&,-310'0,'01%/&
0,2/(#5')(1/%A/"3'2%)(%B'./#)&M)M%"0B')((%20)"(%B'1-M)"
&/310#')".'#-#0)/")*8%'2%)(%P
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
@;
:456.&"'2%9'/%;$.6$
?6$**<%#!"//"/8
e"%'%K(%88%"0'$)N',+'%K2)"./"3
1,&/D,"#')".'%"3)3/"3'2%,28%'$/01/"')
#(1,,8'%"A/&,"M%"0'/#'0,',&3)"/D%')
0$/""/"3'2&,3&)MM%'$/01')'#(1,,8'/"
)",01%&'(,-"0&NP'Z"(,-&)3%'N,-&'#(1,,8
0,'+/".')'2)&0"%&'#(1,,8B'2%&1)2#'/"')
(,"+8/(0'&%3/,"B')".'$,&4',-0')'2&,j%(0P'70
(,-8.'*%')'(,MM,"'%"A/&,"M%"0)8
2&,j%(0B'1-M)"/0)&/)"')##/#0)"(%B'&%(,"F
#0&-(0/,"',+'.)M)3%.'#(1,,8'*-/8./"3#B
%0(P'R1%&%')&%'M)"N'$)N#'0,'#1)&%
%K2%&/%"(%B'8%)&"')*,-0')'./++%&%"0
(-80-&%B'01%'#(1,,8'#/0-)0/,"'/"',01%&
(,-"0&/%#' )".' /"0%&")0/,")8' (,,2%&)0/,"P
C%%'+,&'%K)M28%'01%'o-0(1F:,#"/)"
#(1,,8#'2&,j%(0',"'2,#0F(,"+8/(0
&%(,"#0&-(0/,"B',"'2)3%'LP
R1%&%'/#')'","F3,A%&"M%"0)8',&3)"/DF
)0/,"'*)#%.'/"'C$%.%"'()88%.'`5.)C`5*A
\/5)*+4%5:&H1%"";4B'$1/(1')/M#'0,
2&,M,0%'(,"0)(0')".'(,,2%&)0/,"
*%0$%%"'N,-"3'2%,28%')&,-".'01%
$,&8.')".'01%/&'#(1,,8#B'01&,-31')(0/A%
2)&0/(/2)0/,"'/"'#1)&%.'2&,j%(0#'A/0)8'+,&
,-&'0/M%'c%P3P'%"A/&,"M%"0B'1-M)"
&/310#B'(,"+8/(0'&%#,8-0/,"')".'(,"#F
0&-(0/A%'(,88)*,&)0/,"dP'W/+%FW/"4'2&,j%(0#
1)A%'01&%%'M)/"'+,(-#%#5
•'S)&%'+,&',-&#%8A%#
•'S)&%'+,&'%)(1',01%&
•'S)&%'+,&'01%'%"A/&,"M%"0
g,&'>???')".'*%N,".B'W/+%FW/"4'1)#
8)-"(1%.')"'/"0%&")0/,")8'()M2)/3"5
V,-01'S)&/"3')".'C1)&/"3'9%)(%
!(0/,"#'/"'C(1,,8#'Q,&8.$/.%P
W/+%FW/"4'1)#'(&%)0%.')'M)"-)8',"
V,-01'9%)(%'!(0/,"#'>???EB'$1/(1'/#'0,
*%'./#0&/*-0%.'0,')#'M)"N'#(1,,8#')#
2,##/*8%')&,-".'01%'$,&8.P'70'(,"0)/"#
M)"N'/.%)#'+,&'N,-'0,'(,"#/.%&')#
2,##/*8%')(0/,"#B')".'(%&0)/"'.)N#
.-&/"3'01%'N%)&'>???')&%'1/318/310%.'+,&
(,,&./")0%.')".'/"#2/&%.')(0/,"#',+
(,,2%&)0/,"')".'3,,.$/88P'!'#(1,,8'()"
j,/"'01/#'()M2)/3"')0')"N'0/M%P'!88'N,-01
)(0/,"#'$/88'*%'&%(,&.%.'*N'W/+%FW/"4',"
01%/&'$%*#/0%'0,'/"#2/&%'N,-01'0,'*%'2)&0
,+'(&%)0/"3')'*%00%&'+-0-&%'+,&'1-M)"
&%8)0/,"#')".'8/+%',"'%)&01P'cg,&'W/+%F
W/"4^#')..&%##B'#%%'01%'(,"0)(0'8/#0',"
2)3%'XIPd
@<
>%)&.6&%&2(6.#"*/%)+*I&6#%"/%>*#&.+*.
Oa)$&'4&@#1%&'4&!"#&1'*S&W"#^?)&("$&$)*&4)1"*+4&$"&()$&!"#/
:'/$*)/^4&%'*+&"*&!"#/&%5:&'4&@'*!&$5@)4&'4&:"445<;)SP&e"
1%)&/"3'01%#%'/"#0&-(0/,"#'M,#0'2)/&#',+'(1/8.&%"'*%3/"')'0-3
,+'$)&B')".'#-*#%h-%"08N'.,"^0'3%0'A%&N'M-(1a'!'+%$'$,&4',-0
)'$/"6$/"'#,8-0/,"B'#0)"./"3'(8,#%'0,3%01%&')".'M,A/"3'01%/&
1)".#'h-/(48N'*)(4')".'+,&01'*%0$%%"'%)(1',01%&^#'1/2#a
R1&,-31'01/#'3)M%B')".'M)"N',01%&#'8/4%'/0B'$%'/"0&,.-(%
2%)(%'#0-./%#'0,'2-2/8#'/"'#(1,,8#'/"'!,0%)&,)')#'2)&0',+'01%
TU'V%)&'+,&')'S-80-&%',+'9%)(%'C(1,,8#'e-0&%)(1
9&,3&)MM%P
R1%'2&,3&)MM%')/M#'0,'1%82'N,-01'.%A%8,2'2,#/0/A%'","F
A/,8%"0')22&,)(1%#'0,'(,"+8/(0#'/"'01%/&',$"'8/A%#P'R1/#'/#'.,"%
01&,-31')'(,M*/")0/,"',+'(,,2%&)0/A%'3)M%#B'#%8+F%#0%%M
*-/8./"3B')++/&M)0/,"'%K%&(/#%#B'2&,*8%M'#,8A/"3'0%(1"/h-%#B
&,8%F28)N')".'./#(-##/,"P'\,8%F28)N#')&%'-#%.'0,')(0',-0
(,"+8/(0'#(%")&/,#B'$1/(1'+%)0-&%'&%3-8)&8N'/"'01%'#0-.%"0#^
8/A%#P'R1%'&,8%F28)N#'.%M,"#0&)0%'+/N'01%'"%3)0/A%'&%#-80#',+
-"&%#,8A%.'(,"+8/(0#')".')33&%##/,"B')".'01%"'#1,$'2,#/0/A%
)80%&")0/A%'#,8-0/,"#'-#/"3'$/"6$/"'#0&)0%3/%#P
7"')../0/,"'0,'8%)./"3'(8)##%#'/"'2%)(%'#0-./%#B'$%
.%M,"#0&)0%')".'./#0&/*-0%'M)0%&/)8#')".'(,"#-80'$/01
0%)(1%&#',"'01%'.%A%8,2M%"0',+'2%)(%'%.-()0/,"'/"'01%/&
#(1,,8#P
Q%'1)A%')8#,'*%%"'&%#%)&(1/"3',01%&'#,(/)8'#%&A/(%#',++%&%.
/"'#(1,,8#'$1/(1'&%8)0%'0,'N,-01')".'A/,8%"(%B'#-(1')#'01%
2,8/(%^#'2&,j%(0'0,'0)(48%'*-88N/"3P'Q%'1)A%'+,-".'01)0',-&
$,&4'(,M28%M%"0#',01%&'2&,3&)MM%#B'*-0'1)#')'"-M*%&',+
-"/h-%8N'A)8-)*8%'%8%M%"0#'",0'+,-".'/"'01%',01%&#'/"(8-./"35
• !"'/"0%3&)0%.'2&,3&)MM%'(,A%&/"3'2%)(%')0')88'8%A%8#'+&,M
2%&#,")8'01&,-31'0,'/"0%&")0/,")8B'-"/h-%8N'M)4/"3'01%
(,""%(0/,"'*%0$%%"'01%#%'8%A%8#P'ZA%"'$/01'(8)##%#')#'N,-"3
)#'+,-&')".'+/A%B'$%'0&N'0,'%"(,-&)3%'38,*)8')$)&%"%##B'*N
,2%"/"3'01%'8%##,"'$/01'2)##/"3')"'%)&01'*)88')M,"3#0'01%
(1/8.&%"B'$1/(1'#1,$#'01%'$,&8.'#%%"'+&,M',-0%&'#2)(%b)#
,"%'28)"%0'$/01,-0'01%'./A/./"3'8/"%#',+'")0/,")8'*,-".)&/%#P
• o&)$/"3'+&,M'2%&#,")8'2%)(%'%K2%&/%"(%')0'./++%&%"0
8%A%8#B'2)&0/(-8)&8N'/"'(,MM-"/0NB'")0/,")8')".'/"0%&")0/,")8
2%)(%'/"/0/)0/A%#'/"(8-./"3'&%(,"(/8/)0/,"'/"'U,&01%&"'7&%8)".B
"-(8%)&'./#)&M)M%"0B'TUB'9%)(%':&/3).%#'7"0%&")0/,")8P
• !"')&&)N',+'",A%8'0%)(1/"3'0%(1"/h-%#'/"(8-./"3'3)M%#B
#/M-8)0/,"#B'M-#/(B')&0')".'.&)M)P'g,&'%K)M28%B'01%'1-3%
Z)&01*)88B'-#%.'+,&').A)"(%.'(,,2%&)0/A%'3)M%#P
Q%')&%')(0/A%'/"'#(1,,8#B'1,8/.)N'2&,3&)MM%#')".'()M2#P'70
/#'%"(,-&)3/"3'0,'#%%'1,$')#2%(0#',+'2%)(%'%.-()0/,"'1)A%
*%(,M%'M)/"#0&%)M'1%&%B'*-0'.%+/"/0%8N'",0'%",-31'0,'M%%0
01%'"%%.#'/"')"'/"(&%)#/"38N'#0&%##+-8')".'A/,8%"0'#,(/%0NP
`)"N'(1)88%"3%#'8/%')1%).')".'$%'$%8(,M%'01%'/.%)#')".
#-22,&0',+',01%&'N,-"3'2%,28%B'0%)(1%&#B'2%)(%'%.-()0,&#
)".')"N',01%&'/"0%&%#0%.'2%,28%P
2"#/GG"#3%55)99#D#N5"+#?%&)R
/DDN1)88%00O1,0M)/8P(,M' ,&' )8N"$O)0038,*)8P"%0
"#$%&"'&()'*#+,&-(./
:456.&"'2%9'/%;$.6$
J-4@,-.9&+$#3(0&:2-4
V"*C."/@';&)+#1'$5"*&54&'*&)L1);;)*$&?)%51;)&."/&:)'1)
)+#1'$5"*&'4&5$&1'*&:/"?5+)&"::"/$#*5$5)4&."/&$%)&.";;"G5*(F
4$#+!5*(&544#)4&."/&'&4"15';;!&M#4$&'*+&4#4$'5*'<;)&G"/;+I
:)'1).#;&*)("$5'$5"*&".&1"*.;51$I&+)?);":@)*$&".&1"@@#*51'$5"*
4A5;;4I&G"/A5*(&G5$%&:)":;)4&".&"$%)/&1#;$#/)4&'*+&$%#4
:/"@"$5*(&/)4:)1$&."/&$%)&+5(*5$!&".&"$%)/4I&'*+&5*&'1$5?)&'*+
1";;'<"/'$5?)&1"@@#*5$!&5*5$5'$5?)4=
SOEF'6$(2"'=-/9"*"/="'P-*,&.-#'*"#-*+
K&6*/6"<".#"*/%./2%F&.6&%F&&+%C/"#".#"7&L
M*+#$&+/%C+&<./2
!"#$%!"&'()*+,-."/0-1&)+"2-0")0&*+,.3"*")(4+(0&"-2"/&*)&
!"#$%&'$()$(%'*%(+)%,-'.)&(
• \!99'/#')'M/K%.'&%8/3/,"'/"/0/)0/A%'+,&'N,-"3').-80#'c<IF>XdP
• 70'/#'*)#%.',"'2%%&'%.-()0/,"B'$1%&%'N,-"3'2%,28%'#1)&%
01%/&'%K2%&/%"(%#',+'8/A/"3'/"'01%/&'./A/.%.'#,(/%0NB'01%/&'2)/"B
01%/&'%K(/0%M%"0')".')#2/&)0/,"#P'70'(1)88%"3%#'01%/&'2&%j-./(%#
)".'#%(0)&/)"/#M')".'%"(,-&)3%#'01%M'0,'%K)M/"%'1,$'01%N
()"'(,"0&/*-0%'0,'2%)(%P
• 9)&0/(/2)"0#')&%'3/A%"'01%',22,&0-"/0N'0,',2%"8N'%K28,&%'01%/&
,$"'2%&#,")8'%K2%&/%"(%#')".')00/0-.%#'0,$)&.#'#%(0)&/)"/#MP
• R1%'2&,j%(0'+,(-#%#',"'%K28,&/"3'./A%&#/0NB'$/01')"'%M21)#/#
,"'2%&#,")8')00/0-.%#B'+%%8/"3#')".'%M,0/,"#P
• 70'(,"(%"0&)0%#',"'&%8)0/,"#1/2'*-/8./"3B'.%A%8,2/"3'3&%)0%&
-".%�)"./"3'+,&'%)(1',01%&B'(8)&/+N/"3'1,2%#')".'+%)&#B
*-/8./"3'0&-#0B')22%)8/"3'+,&'&%(,3"/0/,"B'&%#2,"#/*/8/0N')".
)((,-"0)*/8/0N'/"',&.%&'0,'&%.%+/"%'01%'&%8)0/,"#1/2P
!)(+'3'4'15
R1%'2&,3&)MM%'M%01,.,8,3N'/#'*)#%.
,"'+/A%'4%N'2&/"(/28%#5
• 8/)'$5?)&@)$%"+4',+'%"3)3/"3'N,-"3
2%,28%')".'%"(,-&)3/"3'01%M'0,'0)4%
,$"%/2')".'(,"0&,8',+'01%/&',$"
8%)&"/"3P
• _)@"1/'$51&:/5*15:;)4bN,-"3'2%,28%
)&%'-"8/4%8N'0,'.%A%8,2')'(,MM/0M%"0'0,
.%M,(&)0/('2&/"(/28%#'-"8%##'01%N
%K2%&/%"(%' .%M,(&)(NP
• DL:)/5)*$5';&;)'/*5*(b3%"%&)0/"3
+&,M'2%&#,")8'%K2%&/%"(%B'0%88/"3'N,-&
#0,&NB'#1)&/"3'N,-&'/.%)#')".',2/"/,"#
/"',&.%&'0,'*%(,M%'*%00%&'%h-/22%.'0,
%"3)3%'/"'%K(1)"3%#',+'A/%$#P
• H#::"/$5?)&)*?5/"*@)*$b#0&-(0-&)8
)".'/"#0/0-0/,")8'#-22,&0P
• 0))/&D+#1'$5"*&'*+&8"@@#*5$!
B);'$5"*4b:-/8./"3' &%8)0/,"#1/2#
01&,-31'2%%&'/"+8-%"(%5'%M*&)(/"3
2&/"(/28%#',+'&%#2%(0')".')((%20)"(%
2&,0%(0#'01%'&/310#',+'/"./A/.-)8#')".
0&)./0/,"#P'70'/#')'#1)&%.'&%#2,"#/*/8/0NP
6)784(7%"$3%92,"&(
• 9%&#,")8'.%A%8,2M%"0
• 9&%j-./(%#')&%'(1)88%"3%.')".'#1)&%.
• 9)&0/(/2)0/,"')".'.%M,(&)0/('.%(/#/,"
M)4/"3
/'$()$(%'*%(+)%0-'1-"22)
R1%'2&,3&)MM%'(,"#/#0#',+')'#%&/%#',+'$,&4#1,2#',"'01%
+,88,$/"3' 0,2/(#5
• 0/)M#+51)b-*$5CH)1$'/5'*& -G'/)*)44b%"(,-&)3/"3
2)&0/(/2)"0#'0,'*%(,M%')$)&%',+'1,$'/"0%&")8/#%.'A/%$#
/"+8-%"(%',-&')00/0-.%#')".'A)8-%#B')".'0,'-".%�)".'$1)0
#%(0)&/)"/#M'M%)"#')".'$1)0'/0'/#'0,'*%')"0/F#%(0)&/)"P
• 8"*.;51$&B)4";#$5"*b,54$"/!b0,'.%A%8,2')"'-".%�)"./"3',+
$1)0'(,"+8/(0'/#')".'1,$'0,'.%)8'$/01'/0'2,#/0/A%8NB')".'0,'3)/"')"
-".%�)"./"3',+'1/#0,&N')".'01%'2&%(,"(%20/,"#'$%'1,8.P
• \'15;5$'$5*(&'&0";5$51';&_541#445"*b-".%�)"./"3'1,$'0,
(,".-(0'-#%+-8'2,8/0/()8'./#(-##/,"'*%0$%%"'/"./A/.-)8#')".
3&,-2#P
• 8%5;+&0/"$)1$5"*&-G'/)*)44b0))/&D+#1'$5"*b0,'*%')$)&%',+
(1/8.'2&,0%(0/,"'/##-%#B'-".%�)".'01%'(,"(%20',+'2%%&
%.-()0/,"')".'.%A%8,2'01%'4",$8%.3%B'#4/88#')".'A)8-%#
"%(%##)&N'+,&'2%%&'%.-()0/,"'/"',&.%&'01)0'N,-'()"'(,"0/"-%
/"+8-%"(/"3'01,#%')&,-".'N,-'/"')'(,"#0&-(0/A%'M)""%&P
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
N$&%!*+<2O'%,"+'#%,<*.#"/8
F&.6&%P/"7&+'"#5
9%)(%':,)0^#'@8,*)8'T"/A%&#/0N'(,-&#%
/#'01%'$,&8.^#'+/�'+8,)0/"3'2%)(%'#0-./%#
2&,3&)MM%P'70'*&/"3#'0,3%01%&'#0-.%"0#
+&,M')88'(,&"%&#',+'01%'38,*%'0,'#0-.N
2%)(%B'1-M)"'&/310#')".'01%'%"A/&,"F
M%"0'.-&/"3'01%'01&%%'M,"01#'0)'1)
R"'$'/#')0'#%)'+,&'/0#'*/)""-)8'@8,*)8
m,N)3%P'Q/01'01%')/M',+'2&,M,0/"3'01%
(&%)0/,"',+')'(-80-&%',+'2%)(%'01&,-31')
-"/h-%'(,M*/")0/,"',+',"*,)&.'#0-.NB
@=
:456.&"'2%9'/%;$.6$
,"F8)".'+/%8.$,&4')".'/"0%&")0/,")8
%K(1)"3%B'01%'@8,*)8'T"/A%&#/0N'.&)$#
,"')'&)"3%',+'%.-()0/,")8')(0/A/0/%#P
R1%',"*,)&.'#0-.N'2&,3&)MM%'(,"#/#0#
,+')'#%&/%#',+'8%(0-&%#'3/A%"'*N
#2%(/)8/#0#'/"')'&)"3%',+'2%)(%'/##-%#B
)".'/#'(,M28%M%"0%.'*N'()#%'#0-./%#',+
#%A%&)8',+'01%'(,-"0&/%#')".'&%3/,"#',"
01%'9%)(%':,)0'/0/"%&)&NP'C0-.N'0,-&#B
(-80-&)8'+%#0/A)8#B'#0-.%"0'%K(1)"3%#
)".'1,M%#0)N#'/"'01%'2,&0#',+'()88')88,$
#0-.%"0#'0,'%K2%&/%"(%'+/�'1)".'01%#%
(,-"0&/%#')".'&%3/,"#B')".'0,'M%%0')".
M)4%'+&/%".#'$/01'8,()8'2%,28%P
R1&,-31'01%'(&%)0/,"')".'2&%#%"0)0/,"
,+'01%/&',$"'$,&4#1,2#B')#'$%88')#
3&,-2'2&,j%(0'$,&4')".'&%2,&0'$&/0/"3B
#0-.%"0#')&%')8#,')*8%'0,'.%A%8,2')
&)"3%',+'2&)(0/()8'#4/88#')".'0,'2-&#-%
01%/&',$"'/"0%&%#0#P'!0'01%'#)M%'0/M%B
(,1)*/0)0/,"',"*,)&.'$/01',01%&'9%)(%
:,)0'2)&0/(/2)"0#')".'3-%#0'#2%)4%&#
2&,A/.%#')"'/"A)8-)*8%',22,&0-"/0N'0,
.%A%8,2'8)#0/"3'0/%#'$/01'2%,28%P
R1%'+/�'@8,*)8'T"/A%&#/0N'2&,3&)MM%B
$1/(1'$)#'1%8.',"'*,)&.'9%)(%':,)0
*%0$%%"'e(0,*%&'<JJJ')".'[)"-)&N
>???B'$)#'j,/"%.'*N')'0,0)8',+';I
#0-.%"0#'+&,M',A%&'<H'(,-"0&/%#P'Y/31F
8/310#',+'01%'2&,3&)MM%'/"(8-.%.'1,M%F
#0)N#'/"'01%'@)D)'C0&/2B')'A/#/0'0,')
$,M%"^#'#%8+F#-++/(/%"(N'2&,j%(0'/"
Z&/0&%)')".')"',A%&8)".'#0-.N'0,-&'0,
],#,A,P'W%(0-&%#')".'$,&4#1,2#'$%&%
$/.%F&)"3/"3B'/"(8-./"3')"'%K)M/")0/,"
,+'01%'U,&01%&"'7&%8)".'(,"+8/(0B')'2&,3F
&)MM%',+'8%(0-&%#',"'2%)(%')".'01%
%"A/&,"M%"0')".')'#%&/%#',+'.,(-M%"F
0)&/%#'$/01'+,88,$F-2'./#(-##/,"#')*,-0
[)2)"^#'M/8/0)&N')33&%##/,"'/"'!#/)
.-&/"3'Q,&8.'Q)&'77P'R1%&%'$)#')
A)&/%0N',+'3&,-2'2&,j%(0#B'+&,M')'.&)M)
2&,.-(0/,"')*,-0',A%&(,M/"3'(-80-&)8
*)&&/%&#')".'#0%&%,0N2%#'0,')'.%*)0%',"
$1%01%&'[)2)"'#1,-8.'*%(,M%')
M%M*%&',+'01%'TU'C%(-&/0N'S,-"(/8P
9%)(%':,)0^#'@8,*)8'T"/A%&#/0N'S,-&#%#
)&%'(,"0/"-/"3P'9%)(%':,)0'#0&,"38N
*%8/%A%#'/"'01%'-&3%"(N',+'/"(&%)#/"3
)((%##'0,'2%)(%'%.-()0/,"'/"')88'&%3/,"#
)".'0,')88'2%,28%#',+'01%'$,&8.B')".
1,2%#'01)0'01%'@8,*)8'T"/A%&#/0N'2&,F
3&)MM%'()"'(,"0&/*-0%'0,'01/#'2&,(%##P
@>
?'/&45)-5."365)@'/8')A'8&/./4%"0
?.#&7$:+#@&AA&B$=&ACCC
Q%B')#'M%./()8'#0-.%"0#B')(4",$8%.3%'01)0'01%'o%(8)&)0/,"
,+'@%"%A)',*8/3%#'-#'0,'28%.3%'0,'.%./()0%',-&'8/A%#'0,
1-M)"/0NP'R1%'Q,&8.'Y%)801'e&3)"/D)0/,"'.%+/"%#'1%)801')#
p)'#0)0%',+'(,M28%0%'21N#/()8B'M%"0)8')".'#,(/)8'$%88F*%/"3
)".'",0'M%&%8N'01%')*#%"(%',+'./#%)#%',&'/"+/&M/0NPq'70'+,88,$#
01)0'1%)801'()&%'M-#0'",0',"8N'0)&3%0'21N#/()8')".
2#N(1,8,3/()8'M)"/+%#0)0/,"#',+'./#%)#%B'*-0'M-#0')8#,
%"(,M2)##'01%'%"A/&,"M%"0)8B'2,8/0/()8')".'#,(/)8'#/0-)0/,"#
$/01'$1/(1'01%N')&%'/"0%&0$/"%.P'C2%(/+/()88NB'$%'M-#0
&%(,3"/D%'01)0'A/,8%"0'(,"+8/(0#B'1-M)"'&/310#')*-#%#')".
38,*)8'M/8/0)&/D)0/,"'1)A%'1).')".'(,"0/"-%'0,'1)A%
.%0&/M%"0)8'1%)801'%++%(0#',"'1-M)"'2,2-8)0/,"#')".'M-#0'*%
)..&%##%.'*N'+-0-&%'.,(0,&#P'\%)8/D/"3'01)0'(-&&%"0'M%./()8
#(1,,8'(-&&/(-8)'/").%h-)0%8N'/"(,&2,&)0%'01%#%'/##-%#B
Q%'.%(8)&%'01)0
<P'`%./()8'#(1,,8#'#1,-8.'2&,A/.%'*,01'01%,&%0/()8'0&)/"/"3
)".'&%#%)&(1',22,&0-"/0/%#',"'01%'1%)801'(,"#%h-%"(%#',+
(,"+8/(0B'%#2%(/)88N'01%'01%M%#',+'1-M)"'&/310#'A/,8)0/,"#B
"-(8%)&')&M#')".'$)&'#/0-)0/,"#P
>P'`%./()8'#(1,,8#'#1,-8.'2&,A/.%'(8/"/()8'0&)/"/"3'/"',&.%&'0,
)22&,2&/)0%8N'%h-/2'21N#/(/)"#'$/01'01%'#4/88#'0,')..&%##'*,01
/"0%&2%&#,")8')".'38,*)8'(,"+8/(0',"'01&%%'8%A%8#',+
2&%A%"0/,"5
/d'2&/M)&N'2&%A%"0/,"b&%#%)&(1')".'/"0%&A%"0/,"#'01)0
)..&%##'01%'&,,0'()-#%#',+'(,"+8/(0
//d'#%(,".)&N'2&%A%"0/,"b01%'/M2)&0/)8'M%./)0/,"',+'%M%&3/"3
)".'%K/#0/"3'(,"+8/(0#
///d'0%&0/)&N'2&%A%"0/,"b01%'1%)8/"3',+'2%&#,")8')".'#,(/)8
(,"#%h-%"(%#' ,+' (,"+8/(0
Q%B')#'+-0-&%'21N#/(/)"#B'#1)&%'01%'&%#2,"#/*/8/0N'+,&',-&
%.-()0/,"P'Q%'01%&%+,&%'()88'-2,"'M%./()8'#(1,,8#'0,
/"0%3&)0%'01%'#0)0%.')&0/(8%#'/"0,',-&'(-&&/(-8)P
J%54&+)1;'/'$5"*&G'4&#*'*5@"#4;!&'+":$)+&<!&:'/$515:'*$4&5*
$%)&Y%)801'R1&,-31'9%)(%&$/'5*5*(&"/('*5K)+&<!&$%)
9*$)/*'$5"*';&\)+)/'$5"*&".&E)+51';&H$#+)*$4^&-44"15'$5"*4=
8"$="'N-$+
"#$%&"'&()'*#+,&-(./
<"+./#.#$2&
9*&$"+'!^4&G"/;+I&4"15)$5)4&1'*&*"&;"*()/&'.."/+&$"&4";?)
:/"<;)@4&<!&$%))&".&."/1)=&9*&5*$)/*'$5"*';&:";5$514&$%)&@"4$
5@:"/$'*$&@)'*4&".&/)+#15*(&?5";)*1)&5*&5*$)/C4$'$)&/);'$5"*4&54
+54'/@'@)*$=
H*T'N-2+*-&'N-2+*-&'U.$%)<'0??4
K+-<&+$L42:2&:28#
a;"<';&9*5$5'$5?)&54&(/"#:&".&!"#*(&:)":;)&'*+&'+#;$4I&<'4)+&5*
HG5$K)/;'*+I&1"@@5$$)+&$"&G"/A5*(&."/&G"/;+G5+)&+54'/@'@)*$=
F&.6&%Q.<R%STTT
7"'[-8N'>???B'@8,*)8'7"/0/)0/A%'/#'(,"A%"/"3')'$)84'01&,-31
C$/0D%&8)".'+,&'/MM%./)0%'$,&8.$/.%'./#)&M)M%"0B')3)/"#0
A/,8%"(%')".'&%2&%##/,"B')".'+,&'01%'2&,0%(0/,"')".'2&%#%&A)F
0/,"',+'01%'+,-".)0/,"#'"%(%##)&N'+,&'8/+%P'!8,"3'01%'$)N'$%'$/88
./#(-##')".'*%'#/8%"0B'#/"3')".'.)"(%B'1)A%'3&%)0'/.%)#B')".
)/M'+,&'./&%(0B'#-*08%'(1)"3%P'S,"(&%0%'2&,j%(0#'$/88'%M%&3%',-0
,+')'+,&-M',"'2%)(%'2%%(0/A%#'$/01'%K2%&0#')".'2,8/0/(/)"#B
)".'01%'$)84'$/88'&)/#%'+-".#'+,&'2%)(%'$,&4'/"',01%&'(,-"0&/%#P
R1%'9%)(%'Q)84')/M#'0,'&)/#%'2-*8/(')$)&%"%##'+,&'2%)(%B
j-#0/(%')".'#-#0)/")*8%'.%A%8,2M%"0B'#1,$/"3'01)0'$%')&%
&%).N'+,&'2%)(%'$/01,-0'$%)2,"#B'$1/8%'#2%"./"3'-"+,&3%00)F
*8%'.)N#'$/01'2%,28%'$1,'01/"4'#/M/8)&8NB'1)A/"3'+-"B')".
#0&%"301%"/"3',-&',$"')$)&%"%##',+'A/,8%"(%')".'2%)(%P
7"'%A%&N'0,$"'$1%&%'01%'Q)84'#0,2#'01%&%'$/88'*%'2-*8/(')(0/,"#5
(,"(%&0#B'01%)0&%B'&,8%'28)N#B'$,&4#1,2#'2&%2)&/"3'+,&'01%
+,&-M',"'2%)(%'2%%(0/A%#B'./#(-##/,"'2)"%8#PPP
Q%'1,2%'01)0',"%'.)N'2%)(%'$)84#'$/88'0)4%'28)(%'/"'M)"N
(,-"0&/%#'#/M-80)"%,-#8NB'#1,$/"3'01%'$/88',+')"'/"(&%)#/"3
"-M*%&',+'2%,28%'0,'3%0'&/.',+'$%)2,"#'$,&8.$/.%')".'0,'-#%
01%'+&%%.'&%#,-&(%#'0,'0)(48%'01%'M,#0'-&3%"0'2&,*8%M#'8/4%
#,(/)8'/"j-#0/(%')".'%"A/&,"M%"0)8'.%#0&-(0/,"P
W%0^#'2-0')"'%".'0,')2)01N')".'&%#/3")0/,"a
:%&01)'A,"'C-00"%&'$)#')"
!-#0&/)"'S,-"0%##')".')
2/,"%%&',+'01%'/"0%&")0/,")8
2%)(%' M,A%M%"0P
7"'<LLJ'#1%'2-*8/#1%.'01%
*%#0F#%88/"3')"0/F$)&'",A%8'_5)
>'..)*&V5)+)/&c`'!&_"G*
W"#/&-/@4dB'01%'#0,&N',+')
$,M)"'$1,'8,#%#'1%&'N,-"3
1-#*)".'/"'01%'!-#0&,F70)8/)"
Q)&P
m,"'C-00"%&'$)#')(0/A%')#')
j,-&")8/#0')0'01%'+/�'Y)3-%
2%)(%'(,"+%&%"(%#B')".'/"'01%
#0&-338%')3)/"#0')"0/F
C%M/0/#MP'C1%'/"+8-%"(%.
N"*+.$'D-/'C2++/"*'X*"#*"&"/+"7'."*"';3 !8+&%.' U,*%8P
N$*;$*$'U%$73&=.<'O-+."*&'9-*'8"$="Y
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
F&.6&%Q*+R'$*)
V,-"3'2%,28%'+&,M')88',A%&'01%'$,&8.
$/88'(,M%'0,'01%'Q,&4#1,2'/"'C$/0D%&F
8)".'+,&')'N%)&B'0,'$,&4'0,3%01%&'+,&')
*%00%&'2&%#%"0')".'+-0-&%P
R1%'Q,&4#1,2^#'M,#0'/M2,&0)"0'38,*)8
)/M#')&%5'•')'$,&8.'$/01,-0'$)&'• ')
$,&8.'(,MM-"/0N'+,-".%.',"')'(,MM,"
1-M)"/0N'•'#-#0)/")*8%'.%A%8,2M%"0P
!0'01%'/"./A/.-)8'8%A%85'•'2%&#,")8'/"0%3F
&/0N'•'(,,2%&)0/,"'$/01',01%&'(-80-&%#
•'(8)&/0N')".'.%0%&M/")0/,"'/"'2-&#-/"3
,"%^#')/M#'/"'8/+%P
R1%#%')/M#')&%'0,'*%')(1/%A%.'01&,-31
21/8,#,21/()8')".'#2/&/0-)8'/"A%#0/3)0/,"B
2,8/0/()8'$,&4'+,&'38,*)8')/M#B'"%0$,&4F
/"3'$/01',01%&',&3)"/D)0/,"#')".'(,"0)(0
$/01'/"0%&")0/,")8'(%8%*&/0/%#P'S,"#/.%&F
)*8%'/M2,&0)"(%'/#')00)(1%.'0,')&0B
.&)M)')".'01%'.)NF0,F.)N'2&)(0/()8')".
#,(/)8'.%M)".#',+'8/A/"3')".'$,&4/"3
0,3%01%&P'R1%'2)&0/(/2)"0#'$/88'*%'N,-"3
2%,28%')3%.'<LFH?'$1,'1)A%'*%%"
)((%20%.',"'01%'*)#/#',+'.%0)/8%.')228/F
()0/,"#')".'&%(,MM%".)0/,"#P'R1%
$,&4#1,2'/#'28)""%.'0,',2%"'/"'!-0-M"
>??<P
I."'U%-;$%'V/)+)$+)D"'8"$="'E$/7%"<'G$7"'9*-G'(2/
;$**"%&'7-/$+"7';3'+."'CP)&&'7"9"/="'G)/)&+*3T'I."
=$/7%"'P$&'9)*&+'%)+')/'0??W<';3'+."'CP)&&'#*"&)7"/+<
K%$D)-'E-++)T
@?
=.2%&,$%='#)0
W6278"?#:6%/3#704'#>''"#&6('#6>486%$#26#27'
='6=/'#6;#27'#'0(/.#[\!"#:'"2%(.#270"#27'#(0=83]
82.#P827#P78:7#P0(#P0$#>':6&8"?#8&=6$$8>/'K
E"3#0$#:'(208"/.#27'.#383#"62#$''#82K#H7'.#383
"62#$''#82#%"28/#27'#026&8:#>6&>#>%($2#8"#27'8(
;%&>/8"?#70"3$K
6TUT' Z"%%&
)<-+26"$4(0+#&.$M#&*-46
#%%'7776="(*6+,#4"H+):1:+=EIII&t'7776C+12%,%",126+,#
!801,-31'01%N')&%'&)&%8N'./#(-##%.'/"'2-*8/('01%#%'.)N#B
"-(8%)&'$%)2,"#'#0/88'01&%)0%"'01%'A%&N'#-&A/A)8',+'01%'$,&8.P
R1%'Q,&8.'S,-&0'1)#'2&,",-"(%.'01%M'/88%3)8P':-0'01%'"-(8%)&
$%)2,"#'#0)0%#')&%'/3",&/"3'01%/&'8%3)8',*8/3)0/,"'0,'./#)&MP
7"#0%).B'M,&%')".'M,&%'.)"3%&,-#'$%)2,"#'(,"0/"-%'0,'*%
.%A%8,2%.P'!#'()M2)/3"%&#')3)/"#0'"-(8%)&'$%)2,"#'$%'1)A%
*,01'/"0%&")0/,")8'8)$')".'M,&)8/0N',"',-&'#/.%a
C%%'2)3%'X;'+,&'!*,8/0/,"'>???'(,"0)(0'.%0)/8#P
B/04)4"):43(+)%0)/)C38&'/.)B'/$"0)D.'')E"0'F
C0-.%"0#a'Y)A%'N,-'3,"%'"-(8%)&F+&%%
N%0n':%8,$'/#')'M,.%8'&%#,8-0/,"'01)0
$)#'+/�').,20%.'*N'C)"0)':)&*)&)'S/0N
S,88%3%b$1N'",0').,20')'#/M/8)&'&%#,F
8-0/,"'/"'N,-&'#(1,,8',&'(,88%3%')".'j,/"
N,-&'A,/(%#'0,'01%'$,&8.$/.%'()88'+,&
"-(8%)&'$%)2,"#')*,8/0/,"P'98%)#%
/"+,&M'01%'!*,8/0/,"'>???'()M2)/3"
$1%"'N,-'1)A%'.,"%'#,b01%N')&%
4%%2/"3'0&)(4',+')88'01%',&3)"/D)0/,"#B
M-"/(/2)8/0/%#')".'/"#0/0-0/,"#'01)0'1)A%
(,M%',-0')3)/"#0'"-(8%)&'$%)2,"#P
:-0'N,-'()"')8#,'.%(8)&%'N,-&'1,M%B
N,-&'#0&%%0B'$,&428)(%',&'A/88)3%')
UQg='c)#'8,"3')#'01%&%')&%'",'"-4%#
01%&%dP
D#1(%+,3(2&'()&-(%%#:#1
V8($2#036=2'3#>.#90"20#10(>0(0#A82.#A6//'?'
!.,20',&').)20'01/#'&%#,8-0/,"'/"'N,-&'#0-.%"0'-"/,"a
!"#$#%&' '($% 7/++/"0)% )=$0'% "0% 0@>+$-.% *$-="0)% $->(% A$-.% >"@+,% 7$
.$-++">-'$,%'"%($+=%&@0,%$,@>-'/"0-+%=.":.-#)%-0,%"'($.%)">/-+%0$$,)N
!"#$#%&' '($% .$)$-.>(% -0,% ,$;$+"=#$0'% "&% 0@>+$-.% *$-="0)<% *(/>(
(-)%/0;"+;$,%#-0A%"&%"@.%@0/;$.)/'/$)<%&")'$.)%-%>@+'@.$%"&%)$>.$>A%*(/>(
/)%/0%,/.$>'%"==")/'/"0%'"%'($%=./0>/=+$)%"&%,$#">.->AN
!"#$#%&''($%/0'$++$>'@-+%.$)"@.>$)%>@..$0'+A%,$;"'$,%'"%'($%,$;$+"=C
#$0'%-0,%#-/0'$0-0>$%"&%"@.%0@>+$-.%-.)$0-+)%>"@+,%7$%&-.%#".$%=."C
,@>'/;$+A%@)$,%&".%.$)$-.>(%/0'"%$0;/."0#$0'-++A%)"@0,%'$>(0"+":/$)N
!"#$#%&''($%?0'$.0-'/"0-+%J"@.'%"&%V@)'/>$%.@+$,%@0-0/#"@)+A%/0%V@+A
233^<%_9($.$%$M/)')%-0%"7+/:-'/"0%'"%=@.)@$%/0%:"",%&-/'(%-0,%7./0:%'"%>"0>+@)/"0% 0$:"'/-'/"0)% +$-,/0:% '"% 0@>+$-.% ,/)-.#-#$0'% /0% -++% /')% -)C
=$>')%@0,$.%)'./>'%-0,%$&&$>'/;$%/0'$.0-'/"0-+%>"0'."+`N
!"#$#%&'.$'/.$,%a8!8%b$0$.-+%6$$%F@'+$.<%"0>$%.$)="0)/7+$%&".%-++%a8!8
)'.-'$:/>%0@>+$-.%&".>$)<%(-)%>-++$,%0@>+$-.%*$-="0)%_/0($.$0'+A%,-0C
:$."@)<% (@:$+A% $M=$0)/;$<% #/+/'-./+A% /0$&&/>/$0'<% -0,% #".-++A% /0,$&$0)/C
7+$`N
!"#$#%&''($%.$)/,@-+%$&&$>')%"&%0@>+$-.%*-.&-.$%*"@+,%(-;$%-%+-)'/0:
/#=->'%"0%=.$)$0'%-0,%&@'@.$%:$0$.-'/"0)<%=")/0:%-%>"0)'-0'%'(.$-'%'"
'($%($-+'(%-0,%=$->$%"&%#/0,%"&%'($%*".+,Z)%>/'/Y$0)N
!"#$#%&' /'% /)% /0% '($% ,/.$>'% /0'$.$)'% "&% A"@0:% =$"=+$% '"% )@==".'% '($
)@)'-/0-7/+/'A%"&%+/&$%"0%'(/)%=+-0$'%/0%".,$.%'(-'%'($A%#-A%(-;$%-%($-+'(A
=+->$%'"%+/;$%/0%*(/>(%'"%=@.)@$%'($/.%,.$-#)%-0,%-)=/.-'/"0)N
B"*<%'($.$&".$<%7$%/'%.$)"+;$,%'(-'%'($%!'@,$0'%J"@0>/+%"&%cA"@.%>"++$:$d
(#)*%$#&'/')$+&%-%B@>+$-.%S$-="0%e.$$%]"0$%-0,%)@==".')%'($%&@.'($.
,$;$+"=#$0'%"&%B@>+$-.%S$-="0%e.$$%]"0$)%'(."@:("@'%'($%*".+,N
!"#$%&'()*+#$*,'#-*.)/*0#-*)12*32'&245#'5
1672*)12*8#98:;
e"(%'01%'D,"%'1)#'*%%"',++/(/)88N
.%(8)&%.B'/0^#'%A%&N,"%^#'&%#2,"#/*/8/0N'0,
%"#-&%'01)0'",'"-(8%)&'$%)2,"#')&%
*&,-310'/"0,',&'01&,-31'01%')&%)P'ZA%"F
0-)88NB'$%'()"'j,/"'-2')88',-&'D,"%#B')".
01%'$,&8.'$/88'+%%8')'8,0'#)+%&a
!A
+%**&'&".%-++%0@>+$-.%*$-="0)%'"%7$%'-D$0%"&&%-+$.'%)'-'@)<%&".%-++%0@>+$-.
*-.($-,)%'"%7$%)$=-.-'$,%&."#%'($/.%,$+/;$.A%;$(/>+$)<%-0,%&".%'($%0@C
>+$-.% *$-="0)% )'-'$)% '"% -:.$$% '"% @0>"0,/'/"0-+% 0"% &/.)'% @)$% "&% '($)$
*$-="0)N
+%**&' @="0% '($% :";$.0#$0')% "&% -++% 0@>+$-.% *$-="0)% )'-'$)% '"% 7$:/0
0$:"'/-'/"0)%/##$,/-'$+A%"0%-%B@>+$-.%S$-="0)%J"0;$0'/"0%'"%=."(/7/'
-0,%$+/#/0-'$%-++%0@>+$-.%*$-="0)%$-.+A%/0%'($%R2)'%J$0'@.AN
+%**&'&".%>"=/$)%"&%'(/)%.$)"+@'/"0%'"%7$%,/)'./7@'$,%-#"0:%'($%)'@,$0'
7",A<%&->@+'A<%-0,%-,#/0/)'.-'/"0<%-)%*$++%-)%+">-+%-0,%0-'/"0-+%:";$.0C
#$0'%+$-,$.)8
"#$%&"'&()'*#+,&-(./
=.2%&,$%='#)0
D*U"#U5*(+'&<, %2"'.+4.4&/#
7"'!-3-#0'<JJLB'])0&/'C/8A,"%"')".
]&/#0)'A)"'g%8D%"B'N,-"3'$,M%"'+&,M
01%',&3)"/D)0/,"'g,&'`,01%&'Z)&01B
#$)M'/"0,'01%'g)#8)"%'")A)8'*)#%'/"
C(,08)".B'.&%##%.'/"'$%0#-/0#')".
()&&N/"3'1,-#%1,8.'0,,8#P'!#',&./")&N
(/0/D%"#B'.%%28N'(,"(%&"%.')*,-0'01%
+-0-&%',+'#,(/%0N')".'01%'%)&01B'01%N
$%&%'(,-&)3%,-#'%",-31'0,'.,'$1)0
01%':&/0/#1')".',01%&'3,A%&"M%"0#'(,"#/#0%"08N'+)/8'0,'.,5'./#F
)&M')'"-(8%)&'#-*M)&/"%P'])0&/')".']&/#0)'*)#%'01%/&')(0/,"#',"
/"0%&")0/,")8'8)$5'01%'U-&%M*%&3'9&/"(/28%#',+'/"./A/.-)8'&%F
#2,"#/*/8/0N'cN,-'()"^0'j-#0',*%N',&.%&#B',&'/3",&%'(&/M%#'N,4",$')*,-0dB')".'01%'!.A/#,&N'e2/"/,"',+'01%'Q,&8.'S,-&0B
$1/(1'.%(8)&%.'01%'01&%)0',&'-#%',+'"-(8%)&'$%)2,"#'/88%3)8
c#%%'2)3%'H;dP
J"#"9&/'O%C/')&6#"*/'
g,&'`,01%&'Z)&01'/#',"%',+'01%
+,&%M,#0',&3)"/D%&#',+'(/0/D%"#^
/"#2%(0/,"#',+'"-(8%)&'$%)2,"#
*)#%#P'S/0/D%"#^'/"#2%(0/,"#
*&/"3'0,3%01%&')'3&,-2',+'2%,28%
0,'/"A%#0/3)0%')'(&/M/")8')(0/A/0N5
01%'2,##%##/,"')".'.%A%8,2F
M%"0',+'"-(8%)&'$%)2,"#P
R1%N'(,88%(0'%A/.%"(%'/"')#'M)"N'$)N#')#'01%N'()"5')&M%.
,"8N'$/01'(8/2*,)&.#B'@%/3%&'(,-"0%&#B'01%/&'(,MM/0M%"0'0,
2&%#%&A%'01%'+-0-&%',+'01%'28)"%0B')".'2&%+%&)*8N')((,M2)"/%.
*N'j,-&")8/#0#B'01%N')00%M20'0,'M%%0'$/01'01%'$,&4%&#')".'M)"F
)3%M%"0',+'01%'2)&0/(-8)&'"-(8%)&'#/0%P'R1%N',+0%"'$&/0%'0,'01%
)-01,&/0/%#'/"').A)"(%'0,'/"+,&M'01%M',+'01%'+,&01(,M/"3'/"F
#2%(0/,"B')".'-#%'(&%)0/A%'$)N#'c#-(1')#'#0&%%0'01%)0&%d',+
3%00/"3'01%/&'M%##)3%')(&,##'0,'01%'2-*8/('.-&/"3')".')+0%&'01%
/"#2%(0/,"P'S/0/D%"#^'/"#2%(0/,"#')&%')",01%&'%K)M28%',+'","F
A/,8%"0'./&%(0')(0/,"'+,&'#,(/)8'(1)"3%B'$1/(1'N,-'()"'()&&N',-0
)0')'"-(8%)&'$%)2,"#'#/0%'"%)&'N,-a
C%%'01%'(,"0)(0'8/#0',"'2)3%'X;'+,&'g,&'`,01%&'Z)&01^#')..&%##P
O$,"'3-2*'-P/'#$#"*'=*$/"';3'9-%%-P)/('+."')/&+*2=+)-/&'-D"*'+."'=-G)/('#$("&T
S-2/('#"-#%"'7"G-/&+*$+"'9-*'#"$="')/'6)*-&.)G$
U/5('@5b$%)&'/$&".&:':)/&.";+5*(b1'*&<)
1"@:'/)+& $"& $%)& </5*(5*(& ."/$%& ".& ;5.)=
-@"*(& $%)& @!/5'+& ".& 4%':)4I& $%)& :':)/
1/'*)&4$'*+4&"#$&'4&'&4!@<";&".&%":)&'*+
:)'1)& <)1'#4)& ".& $%)& 4$"/!& ".& H'4'A5
H'+'A"I&%)/&1;'44@'$)4&'*+&$%)&1%5;+/)*
".&,5/"4%5@'=
e"'I'!-3-#0'<J;XB'C).)4,B'01%"',"8N'I
N%)&#',8.B'$)#'%K2,#%.'0,'&)./)0/,"'+&,M
01%' )0,M/(' *,M*' $1/(1' +%88' )*,-0' >4M
)$)NP'R1%&%'$%&%'",')22)&%"0'%++%(0#')0
01%'0/M%')".'#1%'3&%$'-2')#')'1)22N'(1/8.
)".' 2)&0/(-8)&8N' 3,,.' )0' #2,&0#P' :-0' 0,F
$)&.#' 01%' %".' ,+' 1%&' I"#' N%)&' )0' #(1,,8B
C).)4,'$)#'./)3",#%.'$/01'8%-4%M/)P
e"%'.)NB'C).)4,'&%(%/A%.')'8%00%&'$1/(1
#)/.' 1%&' /88"%##' $,-8.' *%' (-&%.' /+' #1%
M).%'<???'(&)"%#'*N'+,8./"3'2)2%&P'ZA%&N
.)N'#1%'+,8.%.'2)2%&'/"0,'01%'#1)2%',+')
#M)88' (&)"%B' $/#1/"3' 01)0' #,M%.)N' #1%
$,-8.'*%'1%)8%.P'!+0%&'"/"%'M,"01#'+/310F
/"3'01%'./#%)#%B'1,$%A%&B'#1%'./%.',"'>X
e(0,*%&' <JXXP
C).)4,^#'(8)##M)0%#'./.'",0'$)"0'1%&'0,
./%' /"' A)/"P' R1%N' ()88%.' ,"' 01%' #0-.%"0#
,+'#(1,,8#'/"'Y/&,#1/M)'0,'*-/8.')'#0)0-%
)".' (,"0/"-%' 0,' +,8.' 2)2%&' (&)"%#' /"
C).)4,^#' M%M,&NP' R1,-#)".#' )".
01,#)".#',+'2)2%&'(&)"%#'$%&%'(&%)0%.B
*&/"3/"3'0,'8/+%'$/01'01%M'01%'8,"3/"3#'+,&
2%)(%',+'C).)4,')".'01%'(1/8.&%"',+'Y/F
&,#1/M)P
O9& 4%';;& G/5$)& :)'1)& "*& !"#/& G5*(4I& '*+
!"#&4%';;&.;!&';;&"?)/&$%)&G"/;+=P
$%A%M4#$%J%M*
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
!@
>.24#"2$+
7$*/4(*+5/&(/$(#'$"$/&(-1+2"5+&(81+
2"#'%&5%#;4A%#B*99A,#L*89:#74+)#NC94*+#N(2%AA%J*&
`/"%#'!(0/,"'S)").)')".'01%'V,-01'`/"%'!(0/,"'R%)M',+
e00)$)'1)A%'j,/"%.'+,&(%#'$/01')'N,-"3'S)M*,./)"'8)".M/"%
#-&A/A,&'0,'1%82'2&,M,0%'01%'W)".M/"%':)"'0&%)0N'0,',-&'#,-01F
%&"'"%/31*,-&B'01%'T"/0%.'C0)0%#',+'!M%&/()P
R1%'2/88)&',+'01/#'()M2)/3"'/#'01%'V,-01'!3)/"#0'Q)&'R&%)0Nb)
#/M28%'N%0'%++%(0/A%8N'(8%)&'0&%)0N'01)0'()88#'+,&'",'M,&%'$)&B'",
M,&%'8)".M/"%#')".'",'M,&%'M/"%'A/(0/M#P'V,-01'$1,'#/3"
)8#,'M)4%'01%'2&,M/#%'0,'p$,&4'+,&'2%)(%'/"',-&'$,&8.qP
!"#$%"&#'("&)*+&,-&'."*#(
/&"*0&"1,'"$2
7776:.H)6+,#
ZA%&N'>?'M/"-0%#B'#,M%,"%bA%&N',+0%"
)'(1/8.b/#'4/88%.',&'M)/M%.'*N',"%',+
01%#%'*)&*)&/('$%)2,"#P'`)"N
(,-"0&/%#'1)A%'(1&,"/('8)".M/"%
2&,*8%M#B'$1/(1'8)#0'+,&'.%().%#P
7"'<JJGB')"'/"0%&")0/,")8'M/"%'*)"
0&%)0N'$)#'#/3"%.'/"'e00)$)B'S)").)P
Y,$%A%&B'01%&%'/#'#0/88'8,**N/"3'$,&4'0,
*%'.,"%'0,'3%0'01%'0&%)0N').,20%.')".
/M28%M%"0%.'*N'3,A%&"M%"0#P'e01%&
/.%)#'+,&')(0/,"'/"(8-.%5
•''(,88%(0/"3'M,"%N'+,&'.%M/"/"3B'M/"%
)$)&%"%##',&'A/(0/M')##/#0)"(%
2&,3&)MM%#
•''(,88%(0/"3'#/3")0-&%#'+,&'01%'2)&)88%8
9%,28%^#'R&%)0N
•''-&3/"3'N,-&'3,A%&"M%"0'0,'.%#0&,N'/0#
#0,(42/8%#',+'M/"%#
•''1%82/"3'0,'%.-()0%',01%&#')*,-0
M/"%#
`/"%#'!(0/,"'S)").)'/#'2)&0',+'01%'7"0%&")0/,")8'S)M2)/3"'0,
:)"'W)".M/"%#')".'#/3")0-&%#'$/88'*%'(,88%(0%.'01&,-31'01/#
"%0$,&4'+&,M')88'(,&"%&#',+'01%'$,&8.P'R1%#%'#/3")0-&%#'$/88'*%
2&%#%"0%.'0,'01%'"%K0'2&%#/.%"0',+'01%'TC!B'0,'%"(,-&)3%'01%
T"/0%.'C0)0%#'0,'#/3"'01%'<JJG'W)".M/"%'R&%)0NP'R1%'T"/0%.
C0)0%#'/#'01%'8)&3%#0'.,",&'(,-"0&N'0,'M/"%')(0/,"'/"'01%'$,&8.P
:N'#/3"/"3'01%'0&%)0NB'01%N'()"'#1,$'01)0'01%/&'#2/&/0'/#'*%1/".
01/#'M,"%N')".'01)0'01%N')&%'0&-8N'/"0%&%#0%.'/"'%&)./()0/"3'01/#
0%&&/*8%'$%)2,"'+&,M'01%'%)&01P
R1%'N,-"3'$,M)"'*%1/".'01%'0&%)0N'/#')"'/"#2/&)0/,")8'+/3-&%P
Q1%"'#1%'$)#',"8N'+,-&B'C,"3'],#)8'#0%22%.',"')'8)".M/"%'/"
1%&'")0/A%'(,-"0&N',+'S)M*,./)P'C1%'8,#0',"%'8%3B'*-0'#-&A/A%.P
C/"(%'01%')3%',+'<>'#1%'1)#'*%%"'0&)A%88/"3'01%'$,&8.'()MF
2)/3"/"3')3)/"#0'01%'(,"0/"-%.'-#%',+'8)".M/"%#P'C1%'$)#
1%&%'/"'e00)$)'$1%"'01%'W)".M/"%'R&%)0N'$)#'#/3"%.'/"'<JJGB
&%2&%#%"0/"3'(1/8.'8)".M/"%'A/(0/M#'+&,M')&,-".'01%'$,&8.P
C,"3'],#)8')8#,'M).%')'2,$%&+-8'28%)'+,&'01%'%&)./()0/,"',+
8)".M/"%#')0'01%'Y)3-%'!22%)8'+,&'9%)(%'(,"+%&%"(%'/"'<JJJP
R1%'V,-01'!3)/"#0'Q)&'R&%)0N'/#')'0&%)0N'*N')".'+,&'N,-"3
2%,28%'$1,'*%8/%A%'/"')'$,&8.'$1%&%'",',"%'1)#'0,'28)NB'$,&4
,&'8/A%'/"'+%)&P'Q%'%"(,-&)3%'N,-"3'2%,28%'%A%&N$1%&%'0,
(,"0)(0'-#B'#/3"'01%'0&%)0N')".'2&,M,0%'/0'/"'01%/&'(,MM-"/0/%#P
R1%'*-#N'e00)$)'V,-01'`/"%'!(0/,"'R%)M')8#,',&3)"/D%#'01%
+-".&)/#/"3'_'*1)&>5$%"#$&\)'/')".'%A%"0#',"'8)".M/"%#')".
38,*)8'/##-%#'+,&'1/31'#(1,,8'#0-.%"0#P
g,&'(,2/%#',+'01%'V,-01'!3)/"#0'Q)&'R&%)0NB',&'M,&%'/"+,&M)F
0/,"B'28%)#%'(,"0)(05'S)&8)'9,00#B'V,-01'`/"%'!(0/,"'!M*)##)F
.,&B'%M)/85'M)(/"+,O"%0P()
R1%'7S:W'/#'M).%'-2',+',A%&'<B;??
1-M)"'&/310#B'1-M)"/0)&/)"B'(1/8.&%"^#B
2%)(%B'./#)*/8/0NB'%"A/&,"M%"0)8')".
,01%&'3&,-2#'$,&4/"3'0,'%8/M/")0%
8)".M/"%#P
!!
"#$%&"'&()'*#+,&-(./
>.24#"2$+
95"&(/$(&'12501/&(-1+2"5+&3:
94&(,'53-)(;10/3
2"#$*E:4)#$%86)
[-#0'*%()-#%'8)".M/"%#')&%'<'**)+'.,%#'",0'M%)"'01%N'.,
",0'#0/88')L54$P'R,,'M)"N'(,-"0&/%#'1)A%'N%0'0,').1%&%'0,'01%
<JJG'W)".M/"%':)"'R&%)0NB')".'N,-01'1)A%')'&,8%'0,'4%%2'01%
/##-%')0'01%'+,&%+&,"0',+'01%')3%".)P'Z.-()0/"3'%)(1',01%&
)*,-0'01%'1,&&,&#',+'8)".M/"%#B'#/3"/"3'01%'V,-01'!3)/"#0'Q)&
R&%)0NB')".'&)/#/"3'2-*8/(')$)&%"%##')&%'j-#0'01&%%'$)N#'/"
$1/(1'N,-01'()"'(,"0&/*-0%P
`/"%#'!(0/,"'S)").)B'/"'2)&0"%/2'$/01'01%'S)")./)"'\%.
S&,##')".'01%'o%2)&0M%"0',+'g,&%/3"'!++)/&#B'(,".-(0#
,-0&%)(1'0,'N,-"3'2%,28%'A/)'N,-01'M/"%')(0/,"')M*)##).,&#
)(&,##'01%'(,-"0&NP'R1&,-31'01/#'2&,3&)MB'A,8-"0%%&#')&%
0&)/"%.')".'%.-()0%'01%/&'2%%&#')*,-0'8)".M/"%#P'e01%&')(0/A/F
0/%#'$1/(1'N,-01'1)A%'0)4%"',"'/"'S)").)'/"(8-.%'8%00%&F$&/0/"3
0,'%M*)##/%#',+'(,-"0&/%#'$1/(1'1)A%'",0'N%0'#/3"%.'01%
8)".M/"%'*)"'0&%)0NB'8)-"(1/"3'01%']/.#'!3)/"#0'Q)&'R&%)0NB
2&,M,0/"3'%A%"0#'$1/(1'&)/#%'+-".#'+,&'8)".M/"%#B')#'$%88')#
1,#0/"3'#2%)4%&#',"'01%'/##-%',+'8)".M/"%#P
J>$."1%&5+$,&(%%,;&"H+$1&12%&2+,,+,;&+*&)"=>C:=%;6&Y,$n
W)".M/"%#'0,-(1'%A%&N')#2%(0',+'1-M)"'&/310#5'+&,M'%.-()F
0/,"B'0,'1-M)"'#%(-&/0NB'0,')((%##/"3'+,,.')".'2,0)*8%'$)0%&P
W)".M/"%#'/M2%.%'2%)(%B'+&%%.,M')".'%.-()0/,"'*N'/"#0/88/"3
+%)&'/"'2%,28%bN,-01'/"(8-.%.P'7+'$%'.,"^0'.,'#,M%01/"3')*,-0
8)".M/"%#'0,.)NB'01%N'$/88'#0/88'*%')&,-".'0,M,&&,$P'!".'/0^#',-&
3%"%&)0/,"'01)0'/#'3,/"3'0,'1)A%'0,'(8%)"'01%M'-2P
K%%(&12%&:;;$%&"):L%6&7+'2%,28%'01/"4'01%'2&,*8%M'1)#'*%%"
#,8A%.'j-#0'*%()-#%'8)".M/"%#')&%'*)""%.',"'2)2%&B'01%N')&%
",0')$)&%',+'01%'&%)8'/##-%P'7+'2,8/0/()8'8%).%&#'+%%8'01)0'01%
2-*8/('01/"4#'01%'2&,*8%M'/#'3,"%B'+-".#'$/88'.&N'-2')".
8)".M/"%#'$/88'"%A%&'*%'%&)./()0%.P'R1%'()M2)/3"^#'M,M%"F
0-M'M-#0'",0'*%'8,#0P'W%0^#'#,8A%'01/#'2&,*8%MB')".'01%"'M,A%
,"0,',01%&#'$1/(1')&%')33&)A)0%.'*N'8)".M/"%#P
7+'N,-')&%'/"')'(,-"0&N'$1/(1'M).%'8)".M/"%#')".'.,%#'",0
1)A%'8)".M/"%#'/"'01%'3&,-".B'.%M)".'+-".#'+&,M'01%'2&,.-(F
%&#',+'8)".M/"%#B',&'N,-&'3,A%&"M%"0P'e&3)"/D%'%A%"0#'0,
%.-()0%'01%'2-*8/(')".'N,-&'2%%&#')".')#4'+,&'.,")0/,"#P
7+'N,-')&%'/"')'(,-"0&N'$1/(1'1)#'8)".M/"%#B'3%0'/"'0,-(1'$/01
8,()8'3&,-2#'$1/(1')&%'$,&4/"3')3)/"#0'8)".M/"%#b,&'+,&M
N,-&',$"'3&,-2P
•'!"0/2%&#,""%8'M/"%#'(,#0'uH'0,'uH?
%)(1P'70'(,#0#'+&,M'uH??'0,'u<???'0,
3%0'&/.',+',"%P
•'7+'",'M,&%'8)".M/"%#'$%&%'28)"0%.B'/0
$,-8.'#0/88'0)4%',A%&'<B???'N%)&#'0,
&%M,A%'01%M')88B')".'(,#0')22&,K/F
M)0%8N'uHH'*/88/,"P
•'!"0/2%&#,""%8'8)".M/"%#')&%'.%F
#/3"%.'0,'M)/MB'#,'01)0'#,8./%&#'1)A%
0,'#0,2'+/310/"3'0,'8,,4')+0%&'01%
$,-".%.P
•'70'/#'%#0/M)0%.'01)0'M,&%'01)"'<<?
M/88/,"')(0/A%'M/"%#')&%'#()00%&%.'/"'IL
(,-"0&/%#'$/01')"'%h-)8'"-M*%&'#0,(4F
2/8%.')&,-".'01%'$,&8.'$)/0/"3'0,'*%
28)"0%.P
•'ZA%&N'M,"01',A%&'>B???'2%,28%')&%
4/88%.',&'M)/M%.'*N'M/"%'%K28,#/,"#P
`,#0',+'01%'()#-)80/%#')&%'(/A/8/)"#P
•'g,&'%A%&N'M/"%'(8%)&%.B'>?')&%'8)/.P
•'o%8/A%&N')".'./#0&/*-0/,"',+'&%8/%+
)##/#0)"(%'+,&'%M%&3%"(N'#/0-)0/,"#
)&%')++%(0%.'$1%"'M/"%#'2&%A%"0',&
#8,$'.,$"'2&,A/#/,"',+'&%8/%+'#-228/%#P
•':-&/%.'8)".M/"%#'()"'&%M)/"')(0/A%
+,&',A%&'X?'N%)&#P'R1%'01&%)0'01%N'2,#%
8/"3%&#'8,"3')+0%&'1,#0/8/0/%#'1)A%
(%)#%.P
•'7"')../0/,"'0,'/"+8/(0/"3'21N#/()8')".
2#N(1,8,3/()8'.)M)3%',"'(/A/8/)"#B
8)".M/"%#'./#&-20'#,(/)8'#%&A/(%#B
01&%)0%"'+,,.'#%(-&/0N'*N'2&%A%"0/"3
01,-#)".#',+'1%(0)&%#',+'2&,.-(0/A%
8)".'+&,M'*%/"3'+)&M%.B')".'1/".%&'01%
&%0-&"',+'&%+-3%%#P
$*8&C)R#-+49)J#.%94*+A#74+)#'5)%&%+C)#%+J
B*54C"#-+49,#*+
$$$P-"P,&369-*#6SN*%&C(1,,8:-#
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
!0
?#.**%(/#+
L4:#.4&:2-4&+
)0:2-4$ J#:M-.N
-4$D9&++$).96
H@';;&'/@4&'/)&$%)&$"";4&".&+)'$%)+&<!&4";+5)/4&'*+&15?5;5'*4
';5A)=&J%)!&.#);&'*+&5*1/)'4)&$%)&;)$%';5$!&".&1"*.;51$4c&$%)!&'/)
#4)+&5*&'*&5*+541/5@5*'$)&@'**)/&$"&A5;;&15?5;5'*4&".&';;&'()4I
1";"#/4&'*+&:)/4#'45"*4c&$%)!&'/))+&$"&5*$5@5+'$)&15$5K)*4
'*+&1"@@#*5$5)4&';;&"?)/&$%)&G"/;+c&$%)!&'/)&$%)&@"4$&;)$%';
'*+&./5(%$)*5*(&$"";4&$"&)L:/)44&?5";)*1)&'$&%"@)=
&7776:"=;"6+,#
R1%'2&,8/+%&)0/,"')".'-"8)$+-8'-#%',+'#M)88')&M#'/#',"%',+'01%
M,#0'#%&/,-#'1-M)"/0)&/)"'(1)88%"3%#'+,&'01%'"%K0'M/88%""/-MP
@,A%&"M%"0#'1)A%'*%3-"'0,')..&%##'01%'#M)88')&M#'/##-%')0
01%'8,()8B'")0/,")8B'&%3/,")8B')".'/"0%&")0/,")8'8%A%8#P'Y,$%A%&B
U@e#')&%'(,"(%&"%.'01)0'3,A%&"M%"0#')&%'0)4/"3')'2/%(%M%)8
)22&,)(1',"8Nb",0'8%)#0'*%()-#%'M)"N')&%'#/3"/+/()"0'#-228/F
%&#',+'#M)88')&M#P
@-"#')&%')'28)3-%'%A%&N$1%&%'/"'01%
$,&8.P'g/".',-0')".'./#(-##'/##-%#
#-&&,-"./"3'01%'8%3)8'#/0-)0/,"B
)A)/8)*/8/0NB',$"%/2')".'-#%',+'3-"#
/"'N,-&'(,-"0&N',&'&%3/,"P'Q1)0')&%'01%
)00/0-.%#',+'N,-"3'2%,28%n'Q1)0')&%
01%'%++%(0#',+'3-"#',"'N,-"3'2%,28%n
e"%'2,##/*/8/0N'M/310'*%'0,',&3)"/D%')"
)M"%#0N'+,&'$)&'0,N#B'%"(,-&)3/"3'4/.#
0,'#%%'01%'1)&M+-8'#/.%',+'3&,$/"3'-2
$/01'3-"#B')".'1)".'01%M'/"P'`)4%')"
)"0/F$)&'#(-820-&%',-0',+'01%'0,N
$%)2,"#'N,-'(,88%(0a
R,'2-#1'+,&$)&.'01%'*,-".)&/%#',+'/"0%&")0/,")8')(0/,"B')'38,*)8
"%0$,&4',+'U@e#'1)#'(,M%'0,3%01%&'0,'%#0)*8/#1'01%'7"0%&")F
0/,")8'!(0/,"'U%0$,&4',"'CM)88'!&M#'c7!UC!dP
!"'%#0/M)0%.'X??'M/88/,"'0,'<'*/88/,"'#M)88')&M#')&%'/"
(/&(-8)0/,"')&,-".'01%'$,&8.P'R1%N'()-#%'-"0,8.'#-++%&/"3B
.%#0)*/8/D%'#,(/%0/%#')".'2&,8,"3'(,"+8/(0#P'Q1%"'(,"+8/(0#'%".
01%N'#0)".'/"'01%'$)N',+'&%(,"#0&-(0/,"')".'#-#0)/")*8%
.%A%8,2M%"0P'7"';I',+'01%';J'&%3/,")8'(,"+8/(0#'#/"(%'01%'%".',+
01%'S,8.'Q)&'#M)88')&M#'$%&%'01%',"8N'$%)2,"#'-#%.P
B,("&(.%&+$(**&(.$+C
R1%&%'/#'",'-"/A%&#)88N')((%20%.'.%+/"/0/,"',+'#M)88')&M#P'R1%N
)&%',+0%"'.%#(&/*%.')#'p)&M#'01)0'()"'*%',2%&)0%.')".
0&)"#2,&0%.'*N')'#/"38%'2%&#,"',&')'#M)88'0%)Mqb&/+8%#B'2/#0,8#
1)".'3&%").%#')".'M/"%#B')#'$%88')#'#0/"3%&#'c#1,-8.%&F
M,-"0%.')"0/F)/&(&)+0'M/##/8%#dP'CM)88')&M#')&%'/"%K2%"#/A%B
8/310B')".'%)#N'0,',2%&)0%B'M)/"0)/"B'&%2)/&B'0&)"#2,&0')".
(,"(%)8P'C,'%)#NB'01)0'01%N'()"'*%'c)".')&%d',2%&)0%.'*N
(1/8.&%"'c#%%'01%'"%K0'(1)20%&B',"'(1/8.'#,8./%&#dP
R1%'8%3)8'#)8%',+'#M)88')&M#'/"A,8A%#'XF<?'*/88/,"'.,88)&#')'N%)&B
)".'(,"#0/0-0%#'<?F>?i',+'01%'(,"A%"0/,")8')&M#'0&).%P'R1%
/88%3)8'0&).%'/"'#M)88')&M#'/#'$/01,-0'.,-*0'3&%)0%&P'W%3)8')&M#
()"'*%(,M%'/88%3)8'$1%"'01%N')&%'#,8.'0,')'01/&.'(,-"0&N',&
2)&0NB'(,2/%.'$/01,-0')-01,&/#)0/,"B',&'#0,8%"'+&,M'01%')&MN',&
2,8/(%P'@/A/"3')$)N'#-&28-#')&M#'/#',+0%"'(1%)2%&'01)"'#0,&/"3
,&'.%#0&,N/"3'01%MP
F'&3G;-%)=';-/9)*"'-9'(2/&')/'I."'6$(2"')/'O$3
0???T'H-/J+'+*3'+.)&'-/"'$+'.-G"[
!:
"#$%&"'&()'*#+,&-(./
?#.**%(/#+
D'-&$28,&5'&+$(**&(.$+&8'+"C
9*&%#@'*&$)/@4F'!22&,K/M)0%8N'J?i',+'01%'A/(0/M#',+'&%(%"0
$)&#'1)A%'*%%"'4/88%.'$/01'#M)88')&M#P'!".')&,-".'J?i',+'01%
A/(0/M#',+'&%(%"0'$)&#'1)A%'*%%"'(/A/8/)"#P'R1%'TU'%#0/M)0%#
01)0'#/"(%'<JLGB'>'M/88/,"'(1/8.&%"'1)A%'*%%"'4/88%.B';PX'M/88/,"
M)/M%.B'<'M/88/,"',&21)"%.B')".'<>'M/88/,"'.&/A%"'+&,M'01%/&
1,M%#')#')'&%#-80',+'#M)88')&M#'-#%P
9*&.5*'*15';&$)/@4F'7"'T3)".)B')"'!]F;G'c])8)#1"/4,A'&/+8%d'()"
*%'*,-310'+,&'01%'2&/(%',+')'(1/(4%"k'/"']%"N)'+,&'01%'2&/(%',+')
3,)0P''7"'`,D)M*/h-%')".'!"3,8)')'#/M/8)&')-0,M)0/('&/+8%'$/01
)MM-"/0/,"'(,#0#'8%##'01)"'u<X',&')'#)(4',+'(,&"P
E24&F.%%&G'2",&H6.#8(
9*&+)?);":@)*$&$)/@4F'Z++,&0#'0,'M)4%'2%)(%')".'&%*-/8.')
(,-"0&N')&%',"'#1)4N'3&,-".')#'8,"3')#'01%'2)&0/%#'/"A,8A%.
#0/88'2,##%##')&M#P'S,M*)0)"0#'$/01'",',01%&'M%)"#',+'#-22,&0
-#%'%K0,&0/,"')".'A/,8%"(%'0,',*0)/"'$1)0'01%N'"%%.P'S1/8.&%"
.,'",0'3,'0,'#(1,,8P'9%,28%'.,'",0'.)&%'0,'$,&4'01%/&'8)".P
S&/M%'+8,-&/#1%#P'Z(,",M/(')(0/A/0N'/#'1)M2%&%.'*%()-#%'",
,"%'$/88'/"A%#0'/"')"')&%)'.,M/")0%.'*N'A/,8%"(%')".'(1),#P
C,-01'!+&/()'1)#',"%',+'01%'1/31%#0
3-"F&%8)0%.'.%)01'&)0%#'/"'01%'$,&8.B')"
)A%&)3%',+'H<'2%,28%')'.)N'/"'<JJLP
R1%'"-M*%&',+'3-"#'/#'/"(&%)#/"3
)""-)88N5'3-"'A/,8%"(%')".',$"%/2
1)A%'*%(,M%')'A/(/,-#'(/&(8%',+
%2/.%M/('2&,2,&0/,"#P'C,B'/"'<JJ;B')
")0/,")8'()M2)/3"'()88%.'@-"'g&%%
C,-01'!+&/()'$)#'8)-"(1%.P
B,("&8(4&)%&5'4%&()'2"&",%&7.'*#6%.("#'4&'6 &324+C
E24&6.
%%&I
'4%+
E24&6.%%&I
%%&I'4%+
R1%'*%#0'#,8-0/,"'$,-8.'*%'0,'#0,2'2&,.-(/"3'01%M'/"'01%'+/�
28)(%P'T"+,&0-")0%8NB'01%')&M#'0&).%'/#')'1/318N'2&,+/0)*8%
*-#/"%##B')".')801,-31'01%&%')&%'/"/0/)0/A%#'-".%&$)N'0,
2&,M,0%'01%'2&,.-(0/,"',+'/0%M#'01)0'*%"%+/0'1-M)"/0N'&)01%&
01)"'.%#0&,N'/0'c(,"A%&#/,"'+&,M'M/8/0)&N'0,'","FM/8/0)&N
2&,.-(0/,"dB'$%'#0/88'1)A%')'8,"3'$)N'0,'3,'0,')*,8/#1'01%')&M#
0&).%P'Y,$%A%&B'M%)#-&%#'()"'*%'0)4%"'0,'&%.-(%'01%'"-M*%&
,+'#M)88')&M#'/"'(/&(-8)0/,"B'+,&'%K)M28%5
• o%#0&,N'#-&28-#')&M#'• g-".'2&,3&)MM%#'0,'(,88%(0
$%)2,"#')".'0)4%'01%M',-0',+'(/&(-8)0/,"'• o%M,*/8/D%
(,M*)0)"0#')".'&%/"0%3&)0%'01%M'/"0,'#,(/%0N'• S&%)0%')'M,&%
#%(-&%'#,(/%0N'• W/M/0'01%')A)/8)*/8/0N',+')MM-"/0/,"'#,'01%
)&M#'*%(,M%'-#%8%##P
$*8&C)R#!"#$$%&'"()%*+,%-.#$$/0,/(#S=89C:#1*&)4<+#74+4A9&"#2**M5)9T
V,-"3'2%,28%B'$1,#%'8/A%#')&%',+0%"')++%(0%.'*N'3-"#B'1)A%')"
/M2,&0)"0'&,8%'0,'28)N5'N,-'()"'()M2)/3"'+,&'#0&/(0'3-"'(,"0&,8
8)$#B'$&/0%'0,'&%2&%#%"0)0/A%#B'1,8.'.%M,"#0&)0/,"#B'&%2,&0',"
01%'3-"'/".-#0&NP'Y,8.')'3-"'A/,8%"(%')$)&%"%##'(,"+%&%"(%')0
N,-&'#(1,,8B'*&/"3/"3'/"'%K2%&0#B')".'-#%'.&)M)'0,'#1,$'01%
/M2)(0',+'3-"#',"'N,-"3'2%,28%P'S8%)&'-2'01%'MN01#a
R1%'.%A%8,2M%"0',+'3-"'+&%%'D,"%#'/#
,"%',+'@gC!^#'2&,j%(0#P'R1%#%')&%
#2)(%#'/"'$1/(1'+/&%)&M#')&%'",0
$%8(,M%b&)01%&'8/4%'",F#M,4/"3
)&%)#b)88,$/"3'(,MM-"/0/%#'0,'&%(8)/M
01%/&'2-*8/('#2)(%P
`)2%8)'/#')'&-&)8'(,MM-"/0N',+';?'???
+)M/8/%#'/"'C,-01'!+&/()P'7"'<JJX'C)M-%8
],*%8)B')'&%#/.%"0',+'`)2%8)B'#)$')
@gC!').A%&0'/"')'8,()8'2)2%&B')".'$&,0%
,++'+,&')'@-"'g&%%'=,"%'M)"-)8B'$1/(1
,-08/"%#'#0%2#'0,'(&%)0/"3')'3-"'+&%%
D,"%P'C)M-%8'+%80'1%'"%%.%.'#-22,&0B
#,'1%'+,&M%.')'8,()8'(,MM/00%%',+
#%A%"'8,()8'0%)(1%&#')".'-"%M28,N%.
&%#/.%"0#P'R1/#'(,MM/00%%'A/#/0%.'01%
)&%)^#'0&)./0/,")8'8%).%&B'$1,'3)A%'1%&
*8%##/"3'0,'01%'%".%)A,-&P'R1%
(,MM/00%%'M%M*%&#'01%"'A/#/0%.'8,()8
#(1,,8#B'(8/"/(#B'8,()8'#1,2#B'#1%*%%"#
)".'0&/*)8',++/(%#B'2%&#-)./"3'01%M'0,
*%(,M%'3-"'+&%%P'U,$'`)2%8)'/#')'3-"
+&%%'(,MM-"/0NB'M)4/"3')"'/M2)(0',"
01%'38,*)8'()M2)/3"',"'#M)88')&M#P
C)M-%8'/#'%M28,N%.'2)&0'0/M%'*N'@-"
g&%%'C,-01'!+&/()'0,'*&/"3'M,&%'8,()8
(,MM-"/0/%#',"'*,)&.P
!#'$%88')#'1%82/"3'+-8+/8'01%'&/310'0,')
#)+%'%"A/&,"M%"0B'3-"'+&%%'D,"%#
+)(/8/0)0%'8,()8'%M2,$%&M%"0')".
.%*)0%',"'A/,8%"(%B'3-"#')".
","A/,8%"0')80%&")0/A%#P'cC%%'01%'(,"0)(0
8/#0',"'2)3%'XI'+,&'01%'@gC!')..&%##Pd
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
!;
1,"*4%?'*4"$/+
9$&54&5@@"/';&$%'$&'+#;$4&4%"#;+&G'*$
1%5;+/)*&$"&.5(%$&$%)5/&G'/4&."/&$%)@e
$%)/)&54&45@:;!&*"&)L1#4)I&*"&'11):$C
'<;)&'/(#@)*$&."/&'/@5*(&1%5;+/)*=
F*=.;)&.-#'H"&G-/7'I2+2
O9.&"*)&;"4)4&$%)&"::"/$#*5$!&$"&/)1/#5$&41%"";&;)'?)/4&'$&$%)&'()
".&7dI&"*)&@'!&*)?)/&()$&$%)@=P
B\'7"9"/="'G)/)&+"*<'F#*)%'0??W
345*&%$*#4$%$*2(*,&"5*64')1*2()1'$%27
S%"0&)8'+)(0,&#'/"'01%'"-M*%&',+'(1/8.&%"'+/310/"3'$)&#')&%
0%(1",8,3/()8'.%A%8,2M%"0#')".'01%'#2&%).',+'$%)2,"#B
%#2%(/)88N'#M)88')&M#P'C%M/F)-0,M)0/('&/+8%#'8/310'%",-31'0,'*%
-#%.')".'#/M28%'%",-31'0,'*%'#0&/22%.')".'&%)##%M*8%.'*N')
(1/8.',+'<?')&%'/"'28%"0/+-8'#-228N'+,&'A%&N'8,$'2&/(%#P'7"'#,M%
(,-"0&/%#')0'$)&B')"'!]F;G'M)N'*%'*,-310'+,&')#'8/008%')#'u>?P
R1%&%')&%'(-&&%"08N',A%&'H??B???'(1/8F
.&%"B'#,M%')#'N,-"3')#'LB'2)&0/(/2)0/"3
/"')&M%.'(,"+8/(0#')(&,##'01%'$,&8.P'7"
)../0/,"B'1-".&%.#',+'01,-#)".#'M,&%
)&%'%"&,88%.'/"')&M%.'+,&(%#'/"'(,-"F
0&/%#'",0'(-&&%"08N'/"A,8A%.'/"')&M%.
(,"+8/(0P'eA%&'X?'(,-"0&/%#B'M)"N',+
$1/(1')&%'",0')0'$)&B'(-&&%"08N'&%(&-/0
-".%&F<L'N%)&',8.#'/"0,'01%')&M%.
+,&(%#P'7"'#,M%'(,-"0&/%#B'-".%&F<L#
j,/"')#'A,8-"0%%&#B'%P3P'T]B'C8,A)4/)B
U%$'=%)8)".P'7"',01%&#B'01%&%'/#'(,"F
#(&/20/,"'c/P%P'(,M2-8#,&N'M/8/0)&N'#%&AF
/(%d'+,&'-".%&F<L#B'%P3P'!"3,8)B'S-*)B
U)M/*/)P
o-&/"3'<JJI')".'<JJGB'(1/8.&%"'2)&0/(/F
2)0%.'/"',A%&'H?')&M%.'(,"+8/(0#B')".
M)"N')&%'#0/88'+/310/"3P'7"'$)&'#/0-)0/,"#B
*,01'*,N#')".'3/&8#')&%'-#%.'*N'3,A%&"F
M%"0')".'3-%&&/88)'+,&(%#'+,&')'"-M*%&
,+'./++%&%"0'2-&2,#%#5'01%N'M/310'*%
+/310/"3',"'01%'+&,"0'8/"%B'#%"0',"'&%(,"F
")/##)"(%'M/##/,"#B'-#%.')#'(,,4#B
M%##%"3%&#B'#%K'#8)A%#',&'#2/%#P'R1%N
)&%',+0%"'+,&(/*8N'&%(&-/0%.B'+,&'%K)M28%
01%'&%*%8')&MN'/"'T3)".)^#'(/A/8'$)&'1)#
4/.")22%.'01,-#)".#',+'(1/8.&%"')".
*&-0)8/D%.' 01%MP
C%A%&)8',+'01%'$)&#'&)3/"3'/"'!+&/()')".',01%&'2)&0#',+'01%
$,&8.'1)A%'*%%"'3,/"3',"'+,&'M)"N'N%)&#P'!#')'&%#-80B'01%
"-M*%&',+').-80#'$1,'(,-8.'*%'&%(&-/0%.'1)#'+)88%"'(,"#/.%&F
)*8N'.-%'0,'.%)01')".'/"j-&NB'#,'(1/8.&%"')&%'-#%.'0,'+/88'01%
&)"4#P'7"'#,M%'()#%#'(1/8.&%"')&%'&%(&-/0%.'/"'01%'*%8/%+'01)0
01%N'$/88'M)4%',*%./%"0'#,8./%&#P'7"',01%&'()#%#'(1/8.&%"'1)A%
",'/.%"0/0N'2)2%&#'#1,$/"3'01%/&')3%'#,'01%/&'&%(&-/0%&#'()"
(8)/M'01)0'01%N')&%',8.%&'01)"'01%N'&%)88N')&%P
C,M%'(1/8.&%"'_A,8-"0%%&^'0,'j,/"')"')&MN',&'&%*%8'3&,-2P'Y,$F
%A%&B')801,-31'01%N'M)N'",0'*%'21N#/()88N'+,&(%.'0,'j,/"B'/0'/#
,+0%"'01%'+,&(%',+'*&-0)8'(/&(-M#0)"(%#'01)0'8%)A%#'",'(1,/(%P
C,M%'(1/8.&%"'#%%'/0')#'01%',"8N'2,##/*/8/0N'0,'#-&A/A%B'%K2%(0F
/"3')0'01%'A%&N'8%)#0'0,'*%'+%.')".'(8,01%.')".'0,'*%8,"3'0,')
(,MM-"/0NP'e01%&#'M)N'$/#1'0,'2&,A%'01%/&'M)"1,,.B'%"(,-&F
)3%.'*N'01%/&'2%%&#',&')'2&%A)/8/"3'(-80-&%',+'A/,8%"(%P'e&'01%N
M)N'*%'.&/A%"'*N')'.%#/&%'0,')A%"3%')0&,(/0/%#'(,MM/00%.
)3)/"#0'01%/&'+)M/8N',&'(,MM-"/0NP
8(9*1($2*:$'".*&*2()1'$%*&;;$6#*&*64')17
S1/8.&%"')&%',+0%"'0&%)0%.'*&-0)88NB'#-++%&/"3'#%A%&%'21N#/()8B
%M,0/,")8')".'#%K-)8')*-#%B'$1/(1'8%)A%'%".-&/"3'21N#/()8
)".'2#N(1,8,3/()8'#()&#P'R1%N')&%'(,"#0)"08N'/"'.)"3%&B')".
)&%'+&%h-%"08N'+,&(%.'0,'()&&N',-0')0&,(/0/%#P
Q1%"'(1/8.&%"'M)")3%'0,'%#()2%B',&'$1%"'01%'(,"+8/(0'/#',A%&B
01%N')&%',+0%"'&%j%(0%.'*N'#,(/%0N'+,&'1)A/"3'2)&0/(/2)0%.'/"'01%
+/310/"3P'Q1)0'/#'M,&%B'01%N',+0%"'.,'",0'&%(%/A%')"N'#2%(/)8
0&%)0M%"0'+,&'01%/&'&%/"0%3&)0/,"'/"0,'(/A/8'#,(/%0NP'g,&M%&'(1/8.
(,M*)0)"0#'1)A%'./++%&%"0'"%%.#'+&,M').-80'#,8./%&#')".
&%h-/&%'#2%(/+/('#%&A/(%#B'#-(1')#'%.-()0/,"')".'0&)/"/"3B')#
$%88')#'2#N(1,8,3/()8'&%1)*/8/0)0/,"P
Q1%"'W)-&%"0'])*/8)'c",$'2&%#/.%"0',+
01%'o%M,(&)0/('\%2-*8/(',+'S,"3,d'/"')
0%8%A/#%.'#2%%(1'()88%.'+,&'(1/8.&%"
)3%.'<>F>?'0,'#/3"'-2')#'#,8./%&#A/"
A/,8)0/,"',+'/"0%&")0/,")8'8)$A,"8N'],+/
!"")"'2&,0%#0%.P'R1%'3,A%&"M%"0#
$%&%'#/8%"0P
!<
"#$%&"'&()'*#+,&-(./
1,"*4%?'*4"$/+
1"2+3.#4$24$&.9#3$0-9<&:
&43$:"#$1-48#4:2-4$-4$:"#
O2'":6$-,$:"#$1"2+3
`)"N',+'01%'&/310#'8)/.'.,$"'/"'01%'<JLJ'S,"A%"0/,"',"'01%
\/310#',+'01%'S1/8.'cS\Sd')&%'A/,8)0%.'/"')'$)&'#/0-)0/,"P
Q1%"'(1/8.&%"'01%M#%8A%#')&%'%"3)3%.'/"'01%'+/310/"3B'01%
A/,8)0/,"#')&%'%A%"'M,&%'#%&/,-#P'R1%#%'A/,8)0/,"#'/"(8-.%5
• 8/4%8/1,,.',+'.%)01',&'/"j-&N')#')'&%#-80',+'2)&0/(/2)0/,"'/"
(,M*)0
• ","F(,M*)0'.%)01#AM)"N'(1/8.'#,8./%&#'./%',&')&%'4/88%.
*%+,&%'01%N'%A%&'&%)(1'01%'+&,"0'8/"%'*%()-#%',+'&%#/#0/"3
&%(&-/0M%"0B'0&N/"3'0,'%#()2%B'/")*/8/0N'0,'4%%2'-2B'#-((-M*/"3
0,'./#%)#%B'M)8"-0&/0/,"B'/"j-&/%#'()-#%.'*N'0,-31%"/"3'-2
0%(1"/h-%#',&'2-"/#1M%"0#B'#-/(/.%',&'+)0)8'#%8+F/"+8/(0%.
/"j-&/%#
• %K2,#-&%'0,'1%)801'1)D)&.#B'%P3P'M)8"-0&/0/,"B'#4/"')".
&%#2/&)0,&N'./#%)#%#B'M)8)&/)B')".'#%K-)8'%K28,/0)0/,"'c*,01
#%K%#d'$/01'&%#-80/"3'8/4%8/1,,.',+'#%K-)88N'0&)"#M/00%.'./#F
%)#%#B'Y7m6!7oCB'2&%3")"(NB')*,&0/,"',&'(1/8.*/&01
• ","F(,M*)0'&%8)0%.'/"j-&/%#B'%P3P'*%)0/"3#B'.%2&/A)0/,"',+
+,,.6.&/"4B'*,"%'.%+,&M)0/,"'+&,M'()&&N/"3'1%)AN'8,).#
• .&-36)8(,1,8')*-#%
• #%2)&)0/,"'+&,M'+)M/8N
• )&*/0&)&N'.%0%"0/,"
• M%"0)86%M,0/,")862#N(1,8,3/()8'%++%(0#',+'(,MM/00/"3')0&,(/F
0/%#',&',+'.%#0&-(0/,"',+'#%8+F%#0%%M6#%8+F(,"+/.%"(%'*N'0&)/"F
/"3'0%(1"/h-%#'.%#/3"%.'0,'*&%)4'01%'$/88',+'&%(&-/0#
• %K2,#-&%'0,'(&/M/")8'2&,#%(-0/,"B')".'8/4%8/1,,.',+'#%A%&%
2%")80/%#B'/"(8-./"3'01%'.%)01'2%")80N'+,&'$)&'(&/M%#60&%)#,"
c%A%"'$1%"',&/3/")88N')*.-(0%.d
• %K2,#-&%'0,'0,&0-&%')".',01%&'/88F0&%)0M%"0'/+'()20-&%.B')".
0,'#-MM)&N'%K%(-0/,"
• .%2&/A)0/,"',+'%.-()0/,"
$*8&C)R#U8%M)&#-.#FOO4C),#H)+)6%
0$.&)*2#&"1&%12*%$)&#'".*#(
#4$*<2$*(; *64')1%$"*'"
&%,$1*6(";)'6#
7"0%&")0/,")8'8)$'(-&&%"08N'#%0#'<X')#
01%'M/"/M-M')3%'+,&'M/8/0)&N'&%(&-/0M%"0
)".'2)&0/(/2)0/,"P'R1%'")0/,")8'8)$#',+
M,#0'(,-"0&/%#B'1,$%A%&B'1)A%'<L',&
)*,A%')#'01%'M/"/M-M')3%P'<L'/#')8#,
01%'A,0/"3')3%'/"'M,#0'(,-"0&/%#P
:2&&)$/'=.)%7'-/'G)%)+$*3'+*$)/)/(
70'/#'2)&).,K/()8'01)0'01%'S,"A%"0/,"',"
01%'\/310#',+'01%'S1/8.'cS\Sd'#%0#'01%
M/"/M-M')3%')0',"8N'<X'N%)&#B'$1%"
01%'&%(&-/0M%"0',+'(1/8.&%"'0,'01%')&M%.
+,&(%#')".'01%/&'2)&0/(/2)0/,"'/"')&M%.
(,"+8/(0'(8%)&8N'A/,8)0%#'#,'M)"N',+'01%
&/310#'%M*,./%.'/"'01%'S\S'c$1/(1
.%+/"%#')'(1/8.')#')"N'2%&#,"'-".%&'<L
N%)&#',+')3%dP'Y,$%A%&B'01%&%'1)A%
*%%"')'(,-28%',+'M)j,&'8%3)8'.%A%8,2F
M%"0#'/"'01/#'&%3)&.'&%(%"08NP'g,&'%K)MF
28%B'01%'&%(&-/0M%"0',&'-#%'/"')"N')&M%.
(,"+8/(0',+'(1/8.&%"'-".%&'<X'1)#'*%%"
/"(8-.%.')#',"%',+'01%'$)&'(&/M%#',A%&
$1/(1'01%'7"0%&")0/,")8'S&/M/")8'S,-&0b
,"(%'%#0)*8/#1%.b$/88'1)A%'j-&/#./(0/,"
c#%%'2)3%'HXdP
e"'><'[)"-)&N'>???B')'.&)+0'e20/,")8
9&,0,(,8'0,'01%'S\S'$)#')3&%%.'*N')
$,&4/"3'3&,-2',+'01%'TU'Y-M)"'\/310#
S,MM/##/,"B')+0%&'#/K'N%)&#',+'"%3,0/)F
0/,"#P'R1%'.&)+0'e20/,")8'9&,0,(,8',-0F
8)$#')88'M/8/0)&N'1"*41/5:$5"*',+'-".%&F
<L#B')".'&%h-/&%#'#0)0%#'0,'p0)4%')88
+%)#/*8%'M%)#-&%#'0,'%"#-&%q'01)0
#,8./%&#'-".%&'<L'N%)&#'p.,'",0'0)4%')"
)(0/A%'2)&0'/"'1,#0/8/0/%#qP'Y,$%A%&B'01%
.&)+0'-"+,&0-")0%8N'.,%#'",0'+,&*/.')88
?";#*$'/!'&%(&-/0M%"0',+'-".%&F<L#P
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
!=
1,"*4%?'*4"$/+
MN3'/"0%&")0/,")8'8)$'/#'.%A%8,2%.')".
)3&%%.'0,'*N'#0)0%#'c3,A%&"M%"0#dP'e+
(,-&#%'01%'#)M%'1-M)"'&/310#'#0)".F
)&.#')".'8)$#'#1,-8.')8#,')228N'0,
)&M%.',22,#/0/,"'3&,-2#B'*-0'/0'/#'M,&%
./++/(-80'0,'1,8.'#-(1'3&,-2#')((,-"0F
)*8%P'Y,$%A%&B'#,M%')&M%.',22,#/0/,"
3&,-2#'1)A%'M).%'(,MM/0M%"0#'",0'0,
&%(&-/0',&'-#%'(1/8.&%"')#'#,8./%&#P
R1%#%'(,MM/0M%"0#'M-#0'*%'M,"/0,&%.
)".'+,88,$%.'-2',"B'0,'%"#-&%'01)0'01%N
)&%'&%#2%(0%.'/"'2&)(0/(%P'Q1%&%'#-(1
3&,-2#'(,"0/"-%'0,'-#%'(1/8.&%"')#
#,8./%&#B'2,8/0/()8'2&%##-&%'M-#0'*%
*&,-310'0,'*%)&',"'3,A%&"M%"0#'01)0
#-22,&0A,&'0,8%&)0%A01%')*-#%',+
(1/8.&%"'/"'01/#'$)NP'R1%'C2%(/)8'\%2&%F
#%"0)0/A%',+'01%'TU'C%(&%0)&NF@%"%&)8
,"'S1/8.&%"'/"'!&M%.'S,"+8/(0B'e8)&)
e0-""-B'1)#')'#/3"/+/()"0'&,8%'0,'28)NP
J*.<"#"*/%#*%?#*)%#$&%P'&%*,
J$"<2%?*<2"&+'
R1%'S,)8/0/,"'0,'C0,2'01%'T#%',+'S1/8.
C,8./%&#'/#')"'/"0%&")0/,")8'M,A%M%"0',+
,&3)"/D)0/,"#')".'/"./A/.-)8#'(,MM/00%.
0,'%"./"3'01%'-#%',+'(1/8.&%"')#'#,8F
./%&#P'R1%'S,)8/0/,"'28)N%.')'8%)./"3
&,8%'/"'#%%4/"3'01%').,20/,"')".'",$
/M28%M%"0)0/,"',+'01%'e20/,")8'9&,0,(,8
0,'01%'S,"A%"0/,"',"'01%'\/310#',+'01%
S1/8.B'#%00/"3'01%'M/"/M-M')3%'+,&')88
+,&M#',+'M/8/0)&N'&%(&-/0M%"0')".'-#%'/"
1,#0/8/0/%#')0'<L'N%)&#P
R1%'S,)8/0/,"'/#'(,M2&/#%.',+'#/K'/"0%&F
")0/,")8' U@e#b!M"%#0N' 7"0%&")0/,")8B
Y-M)"'\/310#'Q)0(1B'7"0%&")0/,")8
g%.%&)0/,"'R%&&%'.%#'Y,MM%#B'01%
7"0%&")0/,")8'C)A%'01%'S1/8.&%"'!88/)"(%B
01%'[%#-/0'\%+-3%%'C%&A/(%')".'01%
f-)4%&'TU'e++/(%B'@%"%A)P'`)"N
(,-"0&/%#')8#,'1)A%')'")0/,")8'(,)8/0/,"
(,MM/00%.'0,'$,&4/"3'0,'%".'01/#')22)88F
/"3'2&)(0/(%P
!>
184%"0G
V,-'(,-8.'(,"0)(0'N,-&'8,()8'*&)"(1',+',"%',+
01%#%'#/K',&3)"/D)0/,"#'0,'3%0'M,&%'/"+,&M)0/,"B
)".'8,,4')0'01%'S,)8/0/,"^#'$%*#/0%5
7776.2:)>/;+)>:%,;6+,#P'7"A/0%'#,M%,"%'$,&4/"3
/"'01/#'+/%8.'0,'(,M%'0,'#2%)4')0'N,-&'#(1,,8B
-"/A%&#/0N',&'N,-01'(8-*P
\%h-%#0'M)0%&/)8#',&'M)4%'N,-&',$"B'/"',&.%&'0,'/"+,&M',01%&#
)*,-0'01%'%K0%"0')".'.%A)#0)0/"3'%++%(0#',+'01/#'38,*)8'2&,*8%MP
g/".',-0')*,-0'01%'#/0-)0/,"'/"'N,-&',$"'(,-"0&NP'Y,$'.,'01%
)&M%.'+,&(%#'&%(&-/0'N,-"3'2%,28%n'!&%'01%/&'(8)/M#')".'2&,MF
/#%#'j-#0/+/%.n'7#'/0'2-&%8N'A,8-"0)&Nn'o,'2%,28%'1)A%'01%'&/310
0,'&%+-#%',&'&%28)(%'M/8/0)&N'#%&A/(%'+,&'&%)#,"#',+'(,"#(/%"(%n
Q,-8.'N,-"3'2%,28%'*%'/"0%&%#0%.')".'$/88/"3'0,'.,'/"0%&")F
0/,")8'A,8-"0)&N'#%&A/(%'/"#0%).',+'8%)&"/"3'0,'+/310n
7+'N,-&')&M%.'+,&(%#'&%(&-/0'-".%&F<L#B'$&/0%'0,'N,-&'`/"/#0%&',+
o%+%"(%B'`/"/#0%&',+'Z.-()0/,"B',01%&'3,A%&"M%"0'M/"/#0%
.%2)&0M%"0#')".'N,-&'8,()8'`%M*%&',+'9)&8/)M%"05'&%M/".
01%M',+'01%'#0)".)&.#')8&%).N'8)/.'.,$"'/"'/"0%&")0/,")8'8)$
)".'#,,"'0,'*%'/"'+,&(%'$1%"'01%'7"0%&")0/,")8'S&/M/")8'S,-&0
#0)0-0%'/#'&)0/+/%.P'7M2&%##',"'01%M'01%'"%%.'0,'%.-()0%'N,-"3
2%,28%'+,&'2%)(%')".'j-#0/(%'&)01%&'01)"'0,'*%'4/88/"3'M)(1/"%#P
Z"(,-&)3%'N,-&'.%2)&0M%"0'+,&',A%&#%)#')/.'0,'3/A%'M,&%
)##/#0)"(%'0,'2&,3&)MM%#'01)0'2&%A%"0'(1/8.'&%(&-/0M%"0')".'0,
01,#%'#-22,&0/"3'01%'.%M,*/8/D)0/,"')".'&%/"0%3&)0/,"',+'+,&M%&
(1/8.'(,M*)0)"0#P'R1/#'/#'%##%"0/)8'+,&'01%'.%A%8,2M%"0',+')
#,(/%0N'01)0'1)#'*%%"'&)A)3%.'*N'$)&P
B-(:"$242:2&:28#6
F&.6&UV"/R'L%?"&++.%V&*/&
R1%'2%,28%',+'C/%&&)'W%,"%'1)A%'#-++%&%.'+&,M')'*&-0)8'(/A/8
$)&'+,&')8M,#0'<?'N%)&#B')".')#'/"')88'$)&#B'(1/8.&%"'1)A%'*%%"
2&/M)&N'A/(0/M#P'R1%NB'8/4%',01%&'/"",(%"0'(/A/8/)"#B'1)A%'*%%"
+,&(%.'+&,M'01%/&'1,M%#B'1).'8/M*#')M2-0)0%.'*N'&%*%8'+,&(%#B
8,#0'&%8)0/A%#')".'*%%"'.%"/%.'01%/&'(1/8.1,,.P'S1/8.&%"'$%&%
)8#,'+,&(%.'0,'+/310'/"'N%0')",01%&').-80#^'$)&P
R1%'2%)(%+-8'(/0/D%"#',+'C/%&&)'W%,"%')&%'0/&%.',+'01%'#-++%&/"3B
*8,,.#1%.')".'-"(%&0)/"0NP'!#')'&%#-80B'01%&%')&%'M)"N'./++%&F
%"0'3&,-2#'$,&4/"3'+,&'2%)(%')".'&%(,"(/8/)0/,"'/"'01%'(,-"0&NP
-%".%/O:=P;'/#',"%',+'01%MB')".'/#')8#,'A%&N')(0/A%8N'/"A,8A%.
/"'01%'Y)3-%'!22%)8'+,&'9%)(%'2&,(%##P'R1/#'0)8%"0%.'3&,-2',+
N,-"3'2%,28%'%A%"'(,M2,#%.')".'2%&+,&M%.'01%'Y)3-%
!22%)8^#'01%M%'0-"%B'J5@)&$"&-<";54%&>'/S&&cC%%'2)3%'H<d
9%)(%FW/"4#'/#')'","F3,A%&"M%"0)8'(1/8.&%"^#6N,-01',&3)"/D)F
0/,"'+,-".%.'/"'<JJ?'$/01'01%')/M',+'%M2,$%&/"3'N,-"3'2%,28%
0,'#0%2'+,&$)&.'+,&'2,#/0/A%'(1)"3%'/"'01%/&'(,MM-"/0/%#P
9%)(%FW/"4#'/#'.%./()0%.'0,'%")*8/"3'N,-"3'2%,28%B'%#2%(/)88N
01,#%'/"'%K0&%M%8N'./++/(-80'(/&(-M#0)"(%#B'0,'./#(,A%&'01%/&
0&%M%".,-#'0)8%"0')".'-"0)22%.'%"%&3N'#,')#'0,'*%(,M%
&%#2,"#/*8%')".'$%88F/"+,&M%.'(/0/D%"#P
"#$%&"'&()'*#+,&-(./
1,"*4%?'*4"$/+
'.1:L:1:%;
9%)(%FW/"4#^'`-#/()8'V,-01#'2-0
0,3%01%&')"')-./,'()##%00%'(,M2&/#/"3
#/K',&/3/")8'2%)(%'#,"3#'$/01'01%'0/08%
R);5)?)&5*&0)'1)P'R1%'8N&/(#'0%88'01%
#0,&/%#',+'(1/8.&%"')".'#,(/)8'2&,*8%M#
28)3-/"3'C/%&&)'W%,"%')".'01%'$/.%&
$,&8.P
8"$="]^)/,&
9%)(%FW/"4#'*%8/%A%#'01)0'%"(,-&)3/"3'01%'.%A%8,2M%"0',+
(&%)0/A/0N'/"'N,-"3'2%,28%'$/88'/"'0-&"'*&/"3')*,-0'01%/&')*/8/0N'0,
M)4%'01%'(1)"3%#'"%%.%.'+,&')'*%00%&'+-0-&%P'9%)(%FW/"4#
%"A/#/,"#')'+-0-&%'$1%&%'T"/0NB'W,A%')".'9%)(%'$/88'&%/3"k')
+-0-&%'$1%&%'%)(1'(1/8.B'/&&%#2%(0/A%',+'#,(/,F%(,",M/('*)(4F
3&,-".B'$/88'%K2&%##'1/#61%&'8/+%'2-&2,#%')".'j,/"'$/01',01%&#'0,
(&%)0%')'2%)(%F+/88%.'$,&8.P
-%".%/O:=P;&":C;&"=>&+HQ%.1:L%;
• R,'./&%(0'#2%(/)8')00%"0/,"'0,'(1/8.&%"')".'0,'.%A%8,2'/"'01%M
01%'2,0%"0/)8'0,'1%82'(&%)0%'01%/&',$"'+-0-&%P
• R,')(0')#'M,0/A)0,&#')".'+)(/8/0)0,&#',+'2,#/0/A%'(1)"3%'/"'01%
./&%(0/,"',+'/"./A/.-)8B'3&,-2')".'")0/,")8'.%A%8,2M%"0P
• R,'2&,M,0%'01%'#1/+0'/"'(,"#(/,-#"%##'+&,M'+%)&')".'#%(8-F
#/,"'0,'-"/0NB'8,A%B'0,8%&)"(%B'1)&.'$,&4')".'2%)(%+-8'(,%KF
/#0%"(%P
• R,'2&,M,0%')'1%)801N')".'2&,3&%##/A%'$,&4/"3'&%8)0/,"#1/2
$/01')88'(1/8.&%"6N,-01#')".'(,MM-"/0NF*)#%.',&3)"/D)0/,"#
*,01'")0/,")88N')".'/"0%&")0/,")88NP
R(%.:")&",%";&+*&*+.$;
• %KF(1/8.'(,M*)0)"0#')".'-")((,M2)"/%.'(1/8.&%"
• 2%)(%'M-#/(
• 01%'3/&8'(1/8.
• A,()0/,")8'#4/88#'0&)/"/"3
• S1/8.&%"^#6V,-01'9)&8/)M%"0
C/"(%'/0#'/"(%20/,"B'9%)(%FW/"4#'1)#
/"/0/)0%.')".')(0/A%8N'2)&0/(/2)0%.'/"
(,MM-"/0N'.%A%8,2M%"0'2&,j%(0#P'`,&%
&%(%"08NB'9%)(%FW/"4#'1)#'*%3-"'0,
)..&%##'01%'(,"(%&"#',+'%KF(1/8.'(,MF
*)0)"0#'01&,-31')'#%&/%#',+',-0&%)(1
2&,3&)MM%#'0,'(%"0&%#'1,-#/"3'+,&M%&
(1/8.'#,8./%&#')".'01%'(&%)0/,"',+')
9%)(%FW/"4#' &%1)*/8/0)0/,"6&%/"0%3&)0/,"
(%"0&%P'!../0/,")88NB'01%',&3)"/D)0/,"
1)#'*%%"',*#%&A/"3'01%'7"0%&")0/,")8
o)N',+'9%)(%')".'+)(/8/0)0/"3'8%).%/2
0&)/"/"3'$,&4#1,2#'+,&'(,MM-"/0NF
*)#%.'N,-01'8%).%&#P
S,"(&%0%'#0%2#'01)0'9%)(%FW/"4#')&%
-".%&0)4/"3'0,')(1/%A%'01%/&'3,)8',+
&%/"0%3&)0/"3'(1/8.'#,8./%&#')".'&%#0,&/"3
01%/&'#%"#%',+'$,&01'*,01')M,"3'01%MF
#%8A%#')".'/"'#,(/%0N')#')'$1,8%
/"(8-.%5
• 6"&/&%#)%(-78$8(")$"/&39(73
/"',&.%&'0,')22%)8'0,'#,(/%0N'0,'#1,$
&%#0&)/"0'/"'.%)8/"3'$/01')".'0&%)0/"3
+,&M%&'(1/8.'#,8./%&#P'R1%'$)&'1)#'*%%"
#,'*/00%&8N'+,-310B')".'01%#%'(1/8.&%"
1)A%'*%%"'/"'01%'+,&%+&,"0',+'/0')88'(,MF
M/00/"3'01%'M,#0')0&,(/,-#'(&/M%#'/"'01%
2&,(%##P'C,(/%0N'/#'01%&%+,&%'#8,$'/"
+,&3/A/"3'01%#%'+,&M%&'(1/8.'#,8./%&#P'7"
,-&')&0/(8%#B'$%'#1)88'2,&0&)N'01%M')#
1-M)"'*%/"3#'&)01%&'01)"')#'M,"#0%&#P
Q%'#1)88'0)&3%0'01%'8%)./"3'"%$#2)2%&#
#,'01)0'$%'()"'&%)(1',-0'0,')'$/.%&
&%)./"3' 2-*8/(P
• !,/"($3:)8"+#"$;;(7)/+)3(%/"(7
<+")(=>3:&9?)3+;4$/$%/7@
.-&/"3'01%#%'A/#/0#B'01%'(1/8.&%"'1)A%
01%',22,&0-"/0N'0,'0%88'01%/&',$"'#0,&/%#P
C/"(%'01%#%'A/#/0#'-#-)88N')00&)(0'01%
M%./)B'01%/&'A/%$#')&%')8#,'&%8)N%.'0,')
$/.%&' )-./%"(%P
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
!?
1,"*4%?'*4"$/+
•))2($3();,7&3A)?$%3()$%?)?"$;$@
$%'#2%(/)8/D%'/"'(&%)0/"3')".'2%&+,&MF
/"3'2%)(%'M-#/(P'R1%'A/%$#')".'(,"F
(%&"#',+'01%'(1/8.&%"'+,&M'01%'+,(-#',+
,-&'#,"3#P'R1&,-31'01%#%'#,"3#B'$1/(1
)&%'(&%)0%.'$/01')".'+,&'01%'(1/8.&%"B
#,(/%0N'$/88'*%')*8%'0,'*%00%&'-".%�)".
01%'/##-%#')++%(0/"3'+,&M%&'(1/8.'(,MF
*)0)"0#P
• B,&?$%3()$%?)3+,%7(99&%#@
01/#'/#')"')*#,8-0%'"%(%##/0N'/"'1%82/"3
0,'&%/"0%3&)0%'+,&M%&'(1/8.'(,M*)0)"0#
/"0,'(/A/8'#,(/%0NP
• C(9(#$/&+%7)/+)&;8+"/$%/)<&#,"(7@
9%)(%FW/"4#',(()#/,")88N'8%).#'.%8%3)F
0/,"#'0,'/M2,&0)"0'2%&#,")8/0/%#'/"',-&
(,MM-"/0NB'/"(8-./"3'0&)./0/,")8'&-8%&#B
2,8/0/(/)"#B'1%).#',+'/"0%&")0/,")8'U@e#
)".',01%&#'$1,#%'.%(/#/,"#')++%(0'01%
$%8+)&%',+'N,-"3'2%,28%'/"'01%'(,MM-F
"/0NP'R1/#'/#'M%)"0'0,'*&/.3%'01%'3)2
*%0$%%"'01%'&-8%&#')".'01%'&-8%.')".'0,
)(h-)/"0'01%'+,&M%&'$/01'01%'2&,*8%M#
,+'01%'8)00%&P
• 6+"57:+87)$%?)7(;&%$"7@
0,'(&%)0%')'+,&-M'+,&'N,-"3'2%,28%'0,
M%%0')".'#1)&%'/.%)#',"'1,$'0,'(,"F
0/"-%',-&'$,&4'0,$)&.#')'$)&F+&%%'$,&8.P
:,01'+,&M%&'(1/8.'(,M*)0)"0#')".'01%
(,-"0&N^#'.%(/#/,"FM)4%&#'$/88'*%'/"F
A/0%.B'#,'01%N'()"'#1)&%'/.%)#')".
(,M%'-2'$/01'(,"(&%0%'28)"#P
<45-2(3$-25&'3(1/(/4&(=1,*&(>##&1#-(+5"6&&+,.3"*.'"0&)-66&.'*+,-.7
J)//)&+)4&,"@@)4&V)$%)/;'*+4')".'01%']*5$)+&V'$5"*4&".
W"#$%&\"#*+'$5"*',&3)"/D%.')"'/"0%&")0/,")8'N,-01'.%*)0%',"
01%'&/310#',+'(1/8.&%"'/"')&M%.'(,"+8/(0B'/"'2)&0/(-8)&'01%'-#%',+
(1/8.'#,8./%&#B'.-&/"3'01%'Y)3-%'(,"+%&%"(%'/"'`)N'<JJJP'70
/"A,8A%.'N,-"3'2%,28%'+&,M'!&M%"/)B'W%#,01,B'`%K/(,B'U%01%&F
8)".#B'91/8/22/"%#B'C/%&&)'W%,"%B'T3)".)')".'01%'TC!B')".
01%'2&,j%(0',++/(%&',+'@-8-'C-22,&0'01%'S1/8.&%"',&3)"/#)0/,"
c@TCSedP'@TCSe'/#')'(%"0&%'+,&'01%'2&,0%(0/,"')".'&%1)*/8/0)F
0/,"',+'(1/8.&%"'/"'T3)".)'$1,'$%&%')*.-(0%.'*N'01%'&%*%8
W,&.^#'\%#/#0)"(%'!&MN')".'M)")3%.'0,'%#()2%P
7"'2&%2)&)0/,"'+,&'01%'N,-01'$,&4#1,2B'0$,'M%%0/"3#'$%&%
(,"A%"%.'$/01'o-0(1'#0-.%"0#P'!0'01%'+/�'M%%0/"3B')'N,-"3
*,N'+&,M'C/%&&)'W%,"%'$1,'/#')"')#N8-M'#%%4%&'/"'01%'U%01%&F
8)".#'3)A%')"'/"0&,.-(0/,"'0,'01%'#/0-)0/,"',+'(1/8.&%"'$1,'1)A%
*%(,M%'A/(0/M#',+')&M%.'(,"+8/(0#'/"'Z)#0'!+&/()B')".')'+%$
#0)0%M%"0#'$%&%'8)-"(1%.B'$1/(1'01%'#0-.%"0#'./#(-##%.P'!0
01%'#%(,".'M%%0/"3B'1%8.'H'M,"01#'8)0%&B'01%#%'#0)0%M%"0#
$%&%'.%*)0%.P'!#')'&%#-80',+'01%#%'./#(-##/,"#B'01%'#0-.%"0#
+,&M-8)0%.')'#%0',+'.&)+0'&%(,MM%".)0/,"#B'$1/(1'$%&%'-#%.
)#')'*)#/#'+,&'.&)$/"3'-2'01%'+/")8'&%(,MM%".)0/,"#',+'01%
Y)3-%' (,"+%&%"(%' $,&4#1,2P
R1%'./#(-##/,"'M)/"8N'+,(-#%.',"'01%'M/"/M-M')3%'+,&'&%(&-/0F
M%"0',+'(1/8.&%"'/"0,'01%')&M%.'+,&(%#')".'01%'M/"/M-M')3%
+,&'2)&0/(/2)0/,"',+'(1/8.&%"'/"')&M%.'(,"+8/(0#P'ZA%&N,"%'+%80
01)0'01%'M/"/M-M')3%',+'<X'N%)&#'+,&'&%(&-/0M%"0'/"0,'01%
)&M%.'+,&(%#')".'+,&'2)&0/(/2)0/,"'/"')&M%.'(,"+8/(0'$)#'0,,
8,$P'C,M%'2%,28%'+%80'01)0')'M/"/M-M')3%',+'<L'N%)&#'+,&
2)&0/(/2)0/,"'/#'#0/88'0,,'8,$B')".'01)0'2%,28%'#1,-8.')0'8%)#0
1)A%'&%)(1%.'01%')3%',+'>?'N%)&#'*%+,&%'j,/"/"3'01%')&M%.
+,&(%#P
9)&0/(/2)"0#'#0&,"38N'%M21)#/D%.'01)0'01%'-80/M)0%'3,)8'#1,-8.
*%'01%'0,0)8')*,8/0/,"',+'$)&P':%()-#%',+'01%'8,"3F0%&M'(1)&)(F
0%&',+'01/#'3,)8B'01%N'+%80'/0'"%(%##)&N'0,'+,&M-8)0%'#,M%'#1,&0F
0%&M'&%(,MM%".)0/,"#'0,')0'8%)#0'/M2&,A%'01%'#/0-)0/,"',+
(1/8.&%"'/"')&M%.'(,"+8/(0#P'\)/#/"3'01%'M/"/M-M')3%'+,&'2)&F
0/(/2)0/,"'/"')&M%.'(,"+8/(0#'$)#'#%%"')#')'+/�')".'/M2,&0)"0
#0%2P'R1/#B'1,$%A%&B'()"',"8N'1)A%'/M2)(0'$1%"')"'7"0%&")F
0/,")8'S&/M/")8'S,-&0'/#')*8%'0,'2&,#%(-0%'01%'2%,28%'$1,
A/,8)0%'01%#%'&/310#P
7+'N,-'$,-8.'8/4%'0,'#-22,&0'9%)(%F
W/"4#^')(0/A/0/%#',&'2-&(1)#%'01%/&'()#F
#%00%'R);5)?)&5*&0)'1)B'28%)#%'(,"0)(0
01%M')0'01%')..&%##',"'2)3%'XIP
0A
"#$%&"'&()'*#+,&-(./
1,"*4%?'*4"$/+
?&0$""&+21/5$+3
R1%'8,"3F0%&M'3,)8'/#'01%'0,0)8')*,8/0/,"',+'$)&P'g,&'01%'#1,&0
0%&M'01%'+,88,$/"3'&%(,MM%".)0/,"#'$%&%'M).%5
B6&-",1:.:("1:+=&+*&;+)>:%,;&$=>%,&BS&5%",;&:=&",C%>&.+=*):.1
R1%'TU'S,"A%"0/,"',"'01%'\/310#',+'01%'S1/8.'M-#0'/"(&%)#%
01%'M/"/M-M')3%',+'&%(&-/0/"3'#,8./%&#'+&,M'<X'0,'<L'N%)&#P
Q1%"'&%(&-/0%.'01%N'#1,-8.')0'8%)#0'1)A%',"%'N%)&',+'0&)/"/"3P
E6&-,+;%.$1:+=
R1%'-#%',+'(1/8.&%"'-".%&'<L'N%)&#'/"')&M%.'(,"+8/(0'M-#0
*%(,M%')'(&/M/")8',++%"(%'*N')M%"./"3'01%'C0)0-0%#',+'01%
7"0%&")0/,")8'S&/M/")8'S,-&0'c7SSd')((,&./"38NP'!'#%2)&)0%
.%2)&0M%"0',+'01%'7SS'#1,-8.'*%'#%0'-2'0,'.%)8'%K(8-#/A%8N'$/01
(&/M%#')3)/"#0'(1/8.&%"P
G6&')1%,="1:L%;
S1/8.&%"'()"'*%'2&%A%"0%.'+&,M'j,/"/"3'01%')&M%.'+,&(%#'*N
2&,A/./"3'01%M'$/01'+,,.B'#1%80%&B'2&,0%(0/,"')".'%.-()0/,"P
R1%#%'%8%M%"0#'$/88'2&,A/.%')'#,-".')80%&")0/A%'0,')'8/+%',+'$)&P
T6&-,%L%=1:+=
7".-#0&/)8/D%.'(,-"0&/%#'#1,-8.'2&,A/.%'/"(%"0/A%#'0,'.%A%8,2/"3
(,-"0&/%#'$1,'M)/"0)/"')'2,8/(N',+'","F&%(&-/0M%"0',+'(1/8.&%"
/"0,'01%/&')&M%.'+,&(%#P'C0&/(0'(,"0&,8#',"'01%'/"0%&")0/,")8')&M#
0&).%')&%'%##%"0/)8'/"'01%'2&%A%"0/,"',+'$)&P
U6&V=:L%,;")&,"1:*:."1:+=&+*&12%&VM&<+=L%=1:+=&+=&12%&W:#21;
+*&12%&<2:)>
R1%'TU'S,"A%"0/,"',"'01%'\/310#',+'01%'S1/8.'1)#'",0'*%%"
&)0/+/%.'*N'0$,'(,-"0&/%#P'R1%'T"/0%.'C0)0%#',+'!M%&/()'/#',"%
,+'01%MP'R1%N'#1,-8.'*%'-&3%.'0,'&)0/+N'01/#'(,"A%"0/,"P
6$%%&,(&$%%&=(+2:&"#("%#&32&,.#&8()%5
Q%'()88'-2,"')88'N,-"3'2%,28%'/"'01%'$,&8.'0,'#0)&0')(0/,"'0,
-&3%'01%/&'3,A%&"M%"0#'0,'&)/#%'01%'M/"/M-M')3%'+,&'01%'-#%',+
#,8./%&#'0,'<L'N%)&#')".'0,'M)4%'01%'-#%',+'#,8./%&#'-".%&'01%
)3%',+'<L'2-"/#1)*8%'*N'01%'7"0%&")0/,")8'S&/M/")8'S,-&0P
Y)3-%'!22%)8'+,&'9%)(%'(,"+%&%"(%B'<>'`)N'<JJJ
-%#')4")/*"&%:5);/.G
H2+')*+');/.I
0=&E#$-#/F32;1
8%"/#4
:N%'*N%'$)&
U,'M,&%'4/88/"3
U,'M,&%'+/310/"3
Q%'$)"0'2%)(%B'8,A%B'-"/0N
g,&'M)"4/".'/#',"%
C,'#)N#'Y!9'^JJv
R1/#'/#'01%'0/M%
R,')*,8/#1'$)&
Z)/4)&7
R1/#'/#'01%'0/M%
R,')*,8/#1'$)&
!'"%$'M/88%""/-M
!".')'"%$'2)3%
R1%'0/M%'/#'&/2%
[,/"'1)".#'$/01'(/A/8'#,(/%0N
R,'*/.'+)&%$%88'0,'$)&
Z)/4)&6
R1/#'/#'01%'0/M%
g,&'M)"4/".'0,'(,M%'0,3%01%&
Q1%01%&'*8)(4B'(,8,-&%.',&'$1/0%
!M%&/()"B'!#/)"B'!+&/()"
Z-&,2%)"',&'!-#0&)8/)"
70'.,%#"^0'M)00%&
g,&'2%)(%'*-#/"%##
7#'%A%&N*,.N^#'*-#/"%##
Z)/4)&f
R1/#'/#'01%'0/M%
g,&'M)"4/".'1)#'#-++%&%.'8,"3'%",-31
!#'$%'-#1%&'/"
!'"%$'M/88%""/-M
Q%'#)N'*N%'*N%'0,'$)&
C0&/A%'0,'8/A%'/"'8,A%B'2%)(%')".'-"/0N
Q%'#)N'",'M,&%'$)&
Q%'$/88'2&,0%(0',-&'28)"%0'%)&01
fgH1%Z33%h%g-:@$%H==$-+%&".%1$->$
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
0@
!"#$%"&#'("&)*+&,*-*./0&"*1'23#4
,#@'*&/5(%$4&'/)&!"#/&/5(%$4=
H)5K)&$%)@=
_).)*+& $%)@=
0/"@"$)& $%)@=
]*+)/4$'*+&$%)@&'*+&5*454$&"*&$%)@=
V"#/54%&'*+&)*/51%&$%)@=
J%)!&'/)&$%)&$/#)&/).;)1$5"*&".&%#@'*5C
$!^4&%5(%)4$&'4:5/'$5"*4=
J%)!&'/)&$%)&<)4$&5*=
a5?)&$%)@&;5.)=
\-9)'F//$/<'-/'_5+.'$//)D"*&$*3'-9'+."'B/)D"*&$%
H"=%$*$+)-/'-9'62G$/':)(.+&<'05'H"="G;"*'0??W
Q$.#%"'%"/#&+/.#"*/.<%<.!:
7"0%&")0/,")8'8)$'/#'01%'*,.N',+'&-8%#
3,A%&"/"3'&%8)0/,"#'*%0$%%"'#0)0%#')".
*%0$%%"'01%M')".',01%&'M%M*%&#',+
01%'/"0%&")0/,")8'(,MM-"/0NB'/"(8-./"3
(%&0)/"'/"0%&")0/,")8',&3)"/#)0/,"#'#-(1
)#'01%'TU')".'01%'\%.'S&,##P'7"0%&")F
0/,")8'8)$'/#'(,M2&/#%.',+'M)"N
*&)"(1%#B'#-(1')#'/"0%&")0/,")8'1-M)"/F
0)&/)"'8)$B'1-M)"'&/310#'8)$B'&%+-3%%
8)$B'8)$',+'01%'#%)B'%"A/&,"M%"0)8'8)$B
8)$#'3,A%&"/"3'01%'2%)(%+-8'#%008%M%"0
,+'(,"+8/(0#B'%0(P''Q%'$/88'8,,4'1%&%')0
/"0%&")0/,")8'1-M)"/0)&/)"'8)$')".
1-M)"'&/310#'8)$'/"'2)&0/(-8)&P
Q$.#%"'%#$&%<.!%*, %!.+:
7"0%&")0/,")8'1-M)"/0)&/)"'8)$B',&'01%
8)$',+'$)&B'/#'(,"(%&"%.'$/01''/@)+
1"*.;51$4'c*,01'/"0%&")0/,")8')".'","F
/"0%&")0/,")8dP'70'/#'M).%'-2',+'01%'&-8%#
01)0'#%%4'0,'2&,0%(0'01,#%'$1,')&%'",0
,&')&%'",'8,"3%&'0)4/"3'2)&0'/"'01%'1,#F
0/8/0/%#'c%P3P'(/A/8/)"#B'2&/#,"%&#',+'$)&
)".'$,-".%.',&'#/(4'M/8/0)&N'2%&#,"F
"%8dB')".'0,'&%#0&/(0'01%'M%01,.#')".
M%)"#',+'$)&+)&%'-#%.P
82%&%;;%=1:")&,$)%;&+*&:=1%,="1:+=")
2$C"=:1",:"=&)"7D&H";%>&+=&12%&*+,/
C$)"1:+=&+*&12%&X=1%,="1:+=")&<+CC:1/
1%%&+*&12%&W%>&<,+;;&YX<W<Z3
R1%'$,-".%.',&'#/(4'M-#0'*%'(,88%(0%.')".'()&%.'+,&'*N'01%
2)&0N'0,'01%'(,"+8/(0'$1/(1'1)#'01%M'/"'/0#'2,$%&P'`%./()8'2%&F
#,""%8')".'%#0)*8/#1M%"0#B'0&)"#2,&0')".'%h-/2M%"0'M-#0'*%
#2)&%.A2&,0%(0%.'*N'01%'#/3"',+'01%'&%.'(&,##',&'&%.'(&%#(%"0P
!88'2&/#,"%&#')&%'%"0/08%.'0,'&%#2%(0'+,&'01%/&'8/+%B'./3"/0NB'2%&F
#,")8'&/310#')".'(,"A/(0/,"#P'R1%N'M-#0'*%'2&,0%(0%.')3)/"#0
)88')(0#',+'A/,8%"(%',&'&%2&/#)8P'R1%N')&%'%"0/08%.'0,'%K(1)"3%
"%$#'$/01'01%/&'+)M/8/%#')".'&%(%/A%')/.P
ZA%&N,"%'M-#0'%"j,N'*)#/('j-./(/)8'3-)&)"0%%#')".'",',"%
M)N'*%'1%8.'&%#2,"#/*8%'+,&')"')(0'1%'1)#'",0'(,MM/00%.P'U,
,"%'M)N'*%'#-*j%(0%.'0,'21N#/()8',&'M%"0)8'0,&0-&%',&'0,'(&-%8
,&'.%3&)./"3'(,&2,&)8'2-"/#1M%"0',&',01%&'0&%)0M%"0P
70'/#'+,&*/..%"'0,'-#%'$%)2,"#',&'M%01,.#',+'$)&+)&%'01)0')&%
8/4%8N'0,'()-#%'-""%(%##)&N'8,##%#',&'%K(%##/A%'#-++%&/"3P
R1%'2)&0/%#'0,')'(,"+8/(0'M-#0')0')88'0/M%#'./#0/"3-/#1'*%0$%%"
01%'(/A/8/)"'2,2-8)0/,"')".'(,M*)0)"0#'/"',&.%&'0,'#2)&%'01%
(/A/8/)"'2,2-8)0/,"')".'2&,2%&0NP'S/A/8/)"#'M)N'",0'*%')0F
0)(4%.A,"8N'M/8/0)&N',*j%(0/A%#P
!"#"$%&'"()*%+ *,()"-(.),%(.$*/0'.(,).-,.(*$.1
Y%"&N'o-")"0B')'C$/##'(/0/D%"B'+,&M-8)0%.'01%'/.%)',+'1-M)"/F
0)&/)"'8)$',"'01%'*)#/#',+'1/#'%K2%&/%"(%',+'01%':)008%',+
C,8+%&/",'c[-"%'<LXJdP'Y%')".'+,-&',01%&'C$/##'M%"'$%&%'01%
+,-"./"3'M%M*%&#',+'01%'7"0%&")0/,")8'S,MM/00%%',+'01%'\%.
S&,##'c7S\Sd'/"'<LIHP'e"%',+'01%'7S\S^#'M)/"'+-"(0/,"#'/#'0,
*%'01%'2&,M,0%&')".'3-)&./)"',+'/"0%&")0/,")8'1-M)"/0)&/)"
8)$P'R1%'#)M%'+/A%'M%"'2&,M20%.'01%'(,"A%"/"3',+')'o/28,F
M)0/('S,"+%&%"(%'/"'<LI;B')0'$1/(1'01%'+,-".)0/,"',+'(,"0%MF
2,&)&N'1-M)"/0)&/)"'8)$'$)#'8)/.P'R1%'<I'#0)0%#')00%"./"3'01%
o/28,M)0/('S,"+%&%"(%D$1/(1'$)#'(,"A%"%.'*N'01%'C$/##
3,A%&"M%"0D).,20%.'01%'a)*)?'&8"*?)*$5"*&."/&$%)&'@);5"C
/'$5"*&".&$%)&1"*+5$5"*&".&$%)&G"#*+)+&5*&'/@5)4&5*&$%)&.5);+P
C/"(%'<LI;B'"%$'(,"A%"0/,"#')".'2&,0,(,8#'1)A%'*%%"'+,&M-F
8)0%.B')".'%K/#0/"3',"%#'.%A%8,2%.B',+0%"'/"'&%#2,"#%'0,'01%
/M2)(0',+'#2%(/+/(')&M%.'(,"+8/(0#P'!+0%&'01%'#%(,".'$,&8.'$)&
c<JHJF;XdB'+,&'%K)M28%B'01%'01&%%'%K/#0/"3'@%"%A)'S,"A%"0/,"#
$%&%'&%A/#%.')".')'+,-&01',"%').,20%.'*%()-#%',+'01%'%",&F
M,-#'"-M*%&',+'(/A/8/)"#'4/88%.')".'01%'0%&&/*8%'%++%(0#'01%'$)&
1).',"'(/A/8/)"#P
9%,28%'",0'0)4/"3'2)&0'/"'1,#0/8/0/%#')&%
%"0/08%.'0,'&%#2%(0'+,&'01%/&'8/+%')".'+,&
01%/&'21N#/()8')".'M%"0)8'/"0%3&/0NP'R1%N
M-#0'*%'2&,0%(0%.')".'0&%)0%.'$/01
1-M)"/0NB'$/01,-0'./#0/"(0/,"P
70'/#'+,&*/..%"'0,'4/88',&'$,-".')"').A%&F
#)&N'$1,'#-&&%".%&#',&'$1,'()"'",
8,"3%&'0)4%'2)&0'/"'01%'+/310/"3P
0!
"#$%&"'&()'*#+,&-(./
!"#$%"&#'("&)*+&,*-*./0&"*1'23#4
C,M%',+'01%'M,#0'$%88F4",$"',+'01%#%'(,"A%"0/,"#')&%5
• 01%'Y)3-%'S,"A%"0/,"#',+'<LJJ'&%#2%(0/"3'01%'8)$#')".
(-#0,M#',+'$)&',"'8)".')".'01%').)20)0/,"'0,'M)&/0/M%'$)&+)&%
,+'01%'2&/"(/28%#',+'01%'<LI;'@%"%A)'S,"A%"0/,"P
• 01%'g,-&'@%"%A)'S,"A%"0/,"#',+'<J;J5
7'!M%8/,&)0/,"',+'01%'(,"./0/,"',+'$,-".%.')".'#/(4'M%MF
*%&#',+'01%')&M%.'+,&(%#'/"'01%'+/%8.P
77''!M%8/,&)0/,"',+'01%'(,"./0/,"',+'$,-".%.B'#/(4')".
#1/2$&%(4%.'M%M*%&#',+')&M%.'+,&(%#')0'#%)P
777''R&%)0M%"0',+'2&/#,"%&#',+'$)&P
7m''9&,0%(0/,"',+'(/A/8/)"'2%&#,"#'/"'0/M%',+'$)&'c"%$dP
• <JG>'S,"A%"0/,"',"'01%'2&,1/*/0/,"',+'01%'.%A%8,2M%"0B
2&,.-(0/,"')".'#0,(42/8/"3',+'*)(0%&/,8,3/()8'c*/,8,3/()8d')".
0,K/('$%)2,"#')".',"'01%/&'.%#0&-(0/,"P
• R$,'9&,0,(,8#'c<JGGd')../0/,")8'0,'01%'+,-&'<J;J'@%"%A)
S,"A%"0/,"#B'$1/(1'#0&%"301%"'01%'2&,0%(0/,"',+'A/(0/M#',+
/"0%&")0/,")8')".'","F/"0%&")0/,")8')&M%.'(,"+8/(0#P
• <JJH'S,"A%"0/,"',"'01%'2&,1/*/0/,"',+'01%'.%A%8,2M%"0B
2&,.-(0/,"B'#0,(42/8/"3')".'-#%',+'(1%M/()8'$%)2,"#')".',"
01%/&' .%#0&-(0/,"P
• <JJG'S,"A%"0/,"',"'01%'2&,1/*/0/,"',+'01%'-#%B'#0,(42/8/"3B
2&,.-(0/,"')".'0&)"#+%&',+')"0/F2%&#,""%8'M/"%#')".',"'01%/&
.%#0&-(0/,"'c#%%'2)3%'>>dP
Q$.#%"'%.%!.+%6+"4&:
!((,&./"3'0,'01%'9&/"(/28%#',+'C0)0-0%')".'[-.3%M%"0',+'01%
7"0%&")0/,")8'`/8/0)&N'R&/*-")8')0'U-&%M*%&3'<J;X6IB'$)&'(&/M%#
)&%5
Z5";'$5"*4&".&$%)&;'G4&"/&1#4$"@4&".&G'/&G%51%&5*1;#+)I&<#$
'/)&*"$&;5@5$)+&$"I&@#/+)/I&5;;C$/)'$@)*$&".&:/54"*)/4&".&G'/&"/
:)/4"*4&"*&$%)&4)'4I&A5;;5*(&".&%"4$'()4I&:;#*+)/&".&:#<;51&"/
:/5?'$)&:/":)/$!I&G'*$"*&+)4$/#1$5"*&".&15$5)4I&$"G*4&"/
?5;;'()4I&"/&+)?'4$'$5"*&*"$&M#4$5.5)+&<!&@5;5$'/!&*)1)445$!=
-"/A%&#)88N')((%20%.'8/#0',+'$)&'(&/M%#B
$1/(1'$/88'/"(8-.%5
• $/8+-8'4/88/"3
• 0,&0-&%')".'/"1-M)"%'0&%)0M%"0
• .%8/*%&)0%8N'()-#/"3'3&%)0'#-++%&/"3
• #%&/,-#8N'%".)"3%&/"3'21N#/()8'/"0%3F
&/0N',&'1%)801
• )00)(4/"3'01%'(/A/8/)"'2,2-8)0/,"
• .%2,&0/"3',&'/88%3)88N'./#28)(/"3'2,2-F
8)0/,"'3&,-2#
• -#/"3'2&,1/*/0%.'$%)2,"#',&'M%01,.#
%P3P'(1%M/()8B'*)(0%&/,8,3/()8',&'/"(%"./F
)&N'$%)2,"#
• M/#-#%',+'&%.'(&,##',&'(&%#(%"0',&
,01%&'2&,0%(0/A%'#/3"#
• 8,,0/"3
3*!%.+&%!.+%6+"4"/.<'
)+*'&6(#&2:
C0)0%'2)&0/%#'0,'01%'@%"%A)'S,"A%"F
0/,"#'M-#0'(,+;%.$1%'#-#2%(0%.'$)&
(&/M/")8#'/"'01%/&'(,-"0&N',&'1)".'01%M
,A%&'0,')",01%&'#0)0%'+,&'j-.3%M%"0P'7+
01%'#-#2%(0#')&%'+,-".'3-/80N',+
*&%)(1%#',+'01%'@%"%A)'S,"A%"0/,"#B
01%N'M-#0'*%'2-"/#1%.P'C0)0%#'01%&%+,&%
)&%'&%#2,"#/*8%')0')88'0/M%#')".'/"')88
28)(%#'+,&'01%'2&,#%(-0/,"',+'$)&'(&/M/F
")8#P
Q1)0'/#'M,&%B'/"'01%'()#%',+'/"0%&")F
0/,")8'1-M)"/0)&/)"'8)$B'$=:L%,;")
Q$,:;>:.1:+=')228/%#B'/P%P'#0)0%#'M-#0
#%%4',-0')".'2-"/#1')"N'$)&'(&/M/")8B
/&&%#2%(0/A%',+'1/#61%&'")0/,")8/0N',&'01%
28)(%'$1%&%'01%',++%"(%'$)#'(,MM/0F
0%.P'9&,#%(-0/,"#',+'$)&'(&/M/")8#'()"
*%'*&,-310'%/01%&'*N'")0/,")8'(,-&0#B',&
*N')"'/"0%&")0/,")8')-01,&/0N'#-(1')#'01%
7"0%&")0/,")8'S&/M/")8'R&/*-")8'+,&'01%
+,&M%&'V-3,#8)A/)B'$1/(1'$)#'%#0)*F
8/#1%.'/"'<JJH'0,'0&N'01,#%')((-#%.',+
$)&'(&/M%#'(,MM/00%.'.-&/"3'01%':)8F
4)"#'(,"+8/(0P
Q)&'(&/M%#')&%'3%"%&)88N'(,"#/.%&%.'0,'*%'3&)A%'*&%)(1%#',+
/"0%&")0/,")8'1-M)"/0)&/)"'8)$B'/"(8-./"3')00)(4#')3)/"#0')"N
2%&#,"'",0',&'",'8,"3%&')(0/A%8N'/"A,8A%.'/"'1,#0/8/0/%#P'R1%
7"0%&")0/,")8'S&/M/")8'S,-&0'c#%%'2)3%'HXd'$/88',+'(,-&#%'1)A%')
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
00
!"#$%"&#'("&)*+&,*-*./0&"*1'23#4
C/#&+/.
#"*/.<%J*(+
#%*, %W('#"6&
C/#&+/.#"*/.<%J*(+
#"*/.<%J*(+#%*,
R1%'7"0%&")0/,")8'S,-&0',+'[-#0/(%'c7S[d
,&'Q,&8.'S,-&0'$)#'%#0)*8/#1%.'/"'<J;IP
70'/#'01%'2&/"(/2)8'8%3)8',&3)"',+'01%
T"/0%.'U)0/,"#')".'01%'#-2&%M%'0&/*-F
")8'&-8/"3',"'h-%#0/,"#',+'/"0%&")0/,")8
8)$P'70#'1,M%'/#'01%'9%)(%'9)8)(%'/"
R1%'Y)3-%B'01%'U%01%&8)".#P
R1%'S,-&0'/#'M).%'-2',+'<X'%8%(0%.'c*N
01%'TUd'j-.3%#'+&,M'./++%&%"0'(,-"0&/%#P
R1%'j-.3%#')&%'-".%&',)01'0,')(0'0,0)88N
/".%2%".%"08NB' /P%P' )#' /".%2%".%"0
%K2%&0#',"'/"0%&")0/,")8'8)$B'=+1')#
&%2&%#%"0)0/A%#',+'01%/&'(,-"0&NP'R1%
M)/"'+-"(0/,"#',+'01%'7S[')&%'0,'.%(/.%
8%3)8'./#2-0%#'*%0$%%"'C0)0%#B')".'0,
3/A%'!.A/#,&N'e2/"/,"#'0,'(%&0)/"'/"0%&F
")0/,")8',&3)"#')".',&3)"/D)0/,"#'/"
)((,&.)"(%'$/01'/"0%&")0/,")8'8)$P
C0)0%#'1)A%')'.-0N'-".%&'01%'TU'S1)&F
0%&'0,'#,8A%'./#2-0%#'*N'2%)(%+-8
M%)"#P'C-*M/00/"3')'./#2-0%'0,'01%
S,-&0'+,&'j-./(/)8'#%008%M%"0'/#',"%',+
01,#%'M%)"#B'*-0'01%'S,-&0'()"",0
M)4%'j-.3%M%"0#'-"8%##'01%'C0)0%#
(,"(%&"%.'&%h-%#0'/0'0,'.,'#,P'`)"N
C0)0%#'(1,,#%'",0'0,'#%%4')'j-./(/)8
#%008%M%"0B'01%&%*N'+)/8/"3'/"'01%/&'.-0N
-".%&'01%'TU'S1)&0%&P
g,&'%K)M28%B'/"'o%(%M*%&'<JJ;B'01%'TU'@%"%&)8'!##%M*8N
&%h-%#0%.'01%'S,-&0'0,'3/A%')"').A/#,&N',2/"/,"',"'01%'h-%#F
0/,"5
94&$%)&$%/)'$&"/)&".&*#1;)'/&G)':"*4&5*&'*!&15/1#@4$'*1)
:)/@5$$)+&#*+)/&5*$)/*'$5"*';&;'Gg
R1%'!.A/#,&N'e2/"/,"'$)#'3/A%"',"'L'[-8N'<JJIB')".'01%'S,-&0
(,"(8-.%.'01)0'01&%)0',&'-#%',+'"-(8%)&'$%)2,"#'$,-8.'3%"%&F
)88N'*%'(,"0&)&N'0,'01%'TU'S1)&0%&')".'8)$#',+')&M%.'(,"+8/(0B
2)&0/(-8)&8N'1-M)"/0)&/)"'8)$P'R1%',"8N'h-)8/+/()0/,"'",0%.'0,
01/#'&-8%'$)#')"'%K0&%M%'()#%',+'#%8+F.%+%"(%'$1%&%'01%'A%&N
#-&A/A)8',+')'#0)0%'$)#')0'#0)4%P'T".%&'01)0'(,"./0/,"B'/+'01%
$%)2,"#'(,M28/%.'$/01'1-M)"/0)&/)"'8)$B'01&%)0',&'-#%'M/310
,&'M/310'",0'*%'8)$+-8P
70'/#'8)&3%8N'01)"4#'0,')"'/"0%&")0/,")8'M,A%M%"0',+')"0/F"-(8%)&
)(0/A/#0#'01)0'*%()M%'4",$"')#'01%'Q,&8.'S,-&0'9&,j%(0'01)0
01%'7S['!.A/#,&N'e2/"/,"'$)#'%A%&'&%h-%#0%.P'U,$B'01/#'e2/"F
/,"'2&,A/.%#')'8%3)8'*)#/#'+,&'M)"N'4/".#',+')"0/F"-(8%)&')(0/AF
/#M'c#%%'2)3%'><dP
!88'<X'j-.3%#')&%'/"A,8A%.'/"'01%'2&,(F
%##',+'&%)(1/"3'%)(1'j-.3%M%"0P'e"8N
C0)0%#'M)N'*%'2)&0/%#'0,'()#%#'*%+,&%
01%'S,-&0P'!.A/#,&N'e2/"/,"#')&%'3/A%"
,"8N'0,'2-*8/('/"0%&")0/,")8',&3)"/D)F
0/,"#P
S-2+.'7"G-/&+*$+)-/'$+'+."'8"$="'8$%$="')/'I."'6$(2"
0:
"#$%&"'&()'*#+,&-(./
!"#$%"&#'("&)*+&,*-*./0&"*1'23#4
N$&%C/#&+/.#"*/.<%J+"4"/.<%J*(+#
S-&&%"08N'/"'()#%#',+'1-M)"'&/310#'A/,8)0/,"#B'$1%"'/0'0)4%#
)(0/,"')0')88B'01%'/"0%&")0/,")8'(,MM-"/0N'.,%#'#,')3)/"#0')
#0)0%')".'",0')3)/"#0')"'/"./A/.-)8P'Y,$%A%&B',"'<L'[-8N'<JJL
<I?'")0/,"#'M%0'/"'\,M%B'70)8NB')".'.%(/.%.'0,'%#0)*8/#1')
2%&M)"%"0'7"0%&")0/,")8'S&/M/")8'S,-&0'c7SSd'0,'0&N'/"./A/.-)8#
)((-#%.',+'(,MM/00/"3'3%",(/.%B'$)&'(&/M%#')".'(&/M%#
)3)/"#0'1-M)"/0NP'70'$/88'%"0%&'/"0,'+,&(%')#'#,,"')#'I?'")0/,"#
1)A%'&)0/+/%.'c/P%P'$1%"'01%/&'9)&8/)M%"0#'1)A%')22&,A%.'01%
\,M%'C0)0-0%P
S)#%#'$/88'*%'*&,-310'0,'01%'S,-&0'%/01%&'*N'01%'S,-&0^#'2&,#F
%(-0,&B'01%'#0)0%#'01%M#%8A%#B',&'*N'01%'T"/0%.'U)0/,"#'C%(-F
&/0N'S,-"(/8P'7+'01%')((-#%.'/#'*%/"3'0&/%.'-".%&'")0/,")8'8)$'01%
S,-&0'$/88'",0'/"0%&+%&%P'7+'1%6#1%'/#'",0',&'()"",0'*%'0&/%.'*N
")0/,")8'8)$B'01%'(,-"0&N'M-#0'%K0&)./0%'1/M61%&P
R1%'&%(%"0'$)&#'/"'01%'+,&M%&'V-3,#8)A/)')".'\$)".)'%"(,-&F
)3%.'01%'.%A%8,2M%"0',+'01%'S,-&0P'R,'0&N'2%&2%0&)0,&#',+
(&/M%#')3)/"#0'1-M)"/0N'(,MM/00%.'.-&/"3'01%#%'0$,'1,&&/+/(
$)&#B''+&%"1'0&/*-")8#'$%&%'(&%)0%.'*N'01%'TU'C%(-&/0N'S,-"F
(/8P'R1%'7"0%&")0/,")8'S&/M/")8'R&/*-")8'+,&'01%'g,&M%&'V-3,#8)F
A/)'$)#'%#0)*8/#1%.'/"'<JJH'/"'R1%'Y)3-%')".'01%'7"0%&")0/,")8
S&/M/")8'R&/*-")8'+,&'\$)".)'/"'<JJ;'/"'!&-#1)B'R)"D)"/)P
82%&M[\&<+"):1:+=&*+,&"=&X<<'/#')"')(0/A%'2)&0',+'01%'Y)3-%
!22%)8'+,&'9%)(%P'70#'M)/"'2-&2,#%'/#'0,').A,()0%'01%'(&%)0/,"
,+')"'%++%(0/A%')".'j-#0'7"0%&")0/,")8'S&/M/")8'S,-&0P'R1%'S,)8/F
0/,"'*&/"3#'0,3%01%&')'*&,).F*)#%.'"%0$,&4',+'U@e#')".
/"0%&")0/,")8'8)$'%K2%&0#'0,'.%A%8,2'#0&)0%3/%#',"'8%3)8')".
2,8/0/()8'/##-%#'&%8)0/"3'0,'01%'\,M%'C0)0-0%P'!'4%N'3,)8'/#'0,
+,#0%&')$)&%"%##')".'#-22,&0')M,"3')'$/.%'&)"3%',+'(/A/8
#,(/%0N',&3)"/D)0/,"#5'1-M)"'&/310#B'/"0%&")0/,")8'8)$B'j-./(/)8B
1-M)"/0)&/)"B'&%8/3/,-#B'2%)(%B'$,M%"^#B'2)&8/)M%"0)&/)"')".
,01%&#P
R,'+,88,$'.)NF0,F.)N'.%A%8,2M%"0#'2%&0)/"/"3'0,'01%'7SSB'N,()"'#-*#(&/*%'0,'01%'U@e'S,)8/0/,"'%M)/8'8/#0P'R,'#-*#(&/*%B
#/M28N'#%".')"'%M)/8'0,5'/((F/"+,F#-*#(&/*%O,"%8/#0P(,M'cC%%
2)3%'XX'+,&'+-88')..&%##Pd
Q$5%.+&%#$&+&%7"*<.#"*/'%*, %"/#&+/.#"*/.<%<.!:
R1%&%'/#'#,M%'(,"0&,A%&#N')*,-0'01%'%++%(0/A%"%##',+'/"0%&")F
0/,")8'8)$'/"'3%"%&)8P'7"'01%'()#%',+')'A/,8)0/,"',+'/"0%&")0/,")8
8)$'*N')'#0)0%B',01%&'#0)0%#',+0%"'/M2,#%'#)"(0/,"#D/"'2)&0/(-F
8)&'%(,",M/(D)3)/"#0'01%'3-/80N'#0)0%',&B'M,&%'&)&%8NB'*&/"3'01%
()#%'0,'01%'7"0%&")0/,")8'S,-&0',+'[-#0/(%P'7"0%&")0/,")8'8)$'/#
M,&%'%++%(0/A%'/"'#,M%')&%)#'01)"'/"',01%&#P'70'/#'2%&1)2#'/"
&%8)0/,"'0,'$)&'01)0'/"0%&")0/,")8'8)$'+)(%#'/0#'3&%)0%#0'(1)8F
8%"3%#B'*%()-#%'#0)0%#')&%'#,'2&,0%(0/A%',+'01%/&'#,A%&%/3"0NP
!801,-31',"%'M)/"'&%)#,"'/#'01)0'/"0%&F
")0/,")8'8)$'/#'",0'M)0(1%.'*N')"
%++%(0/A%'#N#0%M'+,&'5@:;)@)*$5*(
#)"(0/,"#B'#0/88'/0'/#'01%'*%#0'#0)".)&.'$%
1)A%'+,&'1,8./"3'#0)0%#')((,-"0)*8%'+,&
01%/&')".'01%/&'(/0/D%"#^')(0/,"#B')".'01%
M,&%'2%,28%'$1,'4",$')*,-0'/0B'01%
*%00%&P
!"#$%&$'(&%"#)'%*''+%$#,'+
$-%-.$/#0%0#12
7"'<J<J'01%'S,A%")"0',+'01%'W%)3-%',+
U)0/,"#'c01%'2&%(-&#,&'0,'01%'T"/0%.
U)0/,"#d')".'01%'R&%)0N',+'9)&/#
c:&/)".F]%88,33'9)(0',+'<J>Ld'0&/%.'0,
,-08)$'$)&P'R1%'TU'S1)&0%&'c).,20%.'/"
<J;Xd'(,"0/"-%.'01/#')00%M205
-;;&E)@<)/4&4%';;&/)./'5*&5*&$%)5/&5*$)/C
*'$5"*';&/);'$5"*4&./"@&$%)&$%/)'$&"/)
".&."/1)&'('5*4$&$%)&$)//5$"/5';&5*$)(/5$!&"/
:";5$51';&5*+):)*+)*1)&".&'*!&4$'$)I&"/
5*&'*!&"$%)/&@'**)/&5*1"*454$)*$&G5$%
$%)&0#/:"4)4&".&$%)&]*5$)+&V'$5"*4=
H.'/>+$%R84<%aB%J(-.'$.
Y,$%A%&B')&0/(8%'X<',+'01%'TU'S1)&0%&
)88,$#')'#0)0%',&')'3&,-2',+'#0)0%#'0,
-#%'+,&(%'/"';%)*/>%*%=.%B'/P%P'/"'01%
()#%',+')33&%##/,"')3)/"#0'/0P'R1%'#%8+F
.%+%"(%')&3-M%"0'/#',+0%"'-#%.')#')"
%K(-#%'0,'j-#0/+N')'#0)0%^#')(0/,"#P
!'TU'@%"%&)8'!##%M*8N'&%#,8-0/,"
c><?X'cwwdd').,20%.'/"'<JIX'O/)1"(C
*5K)4&$%)&;)(5$5@'1!&".&$%)&4$/#((;)
G'()+&<!&:)":;)4&#*+)/&1";"*5';&+"@5C
*'$5"*&$"&)L)/154)&$%)5/&/5(%$&$"&4);.C
+)$)/@5*'$5"*& '*+& 5*+):)*+)*1)eP
R1)0'/#'0,'#)N'01)0'$/01/"'01%'+&)M%$,&4
,+'01%'&/310'0,'#%8+F.%0%&M/")0/,"B')&M%.
#0&-338%'/#'",0'(,"#/.%&%.')'*&%)(1',+
/"0%&")0/,")8'8)$P'Q)&#',+'")0/,")8
8/*%&)0/,"B'/"(/.%"0)88NB')&%'(8)##/+/%.')#
/"0%&")0/,")8')&M%.'(,"+8/(0#')".'",0
/"0%&")8' (,"+8/(0#P
C,M%'2%,28%'(8)/M'01)0'/3",&)"(%',+'1-M)"/0)&/)"'8)$'/#'0,
*8)M%'+,&'/0#'A/,8)0/,"B',&'01)0'01%'")0-&%',+'$)&'/0#%8+'/#'&%#2,"F
#/*8%'c+-&01%&'2&,,+'01)0'$)&'#1,-8.'*%')*,8/#1%.'(,M28%0%8NdP
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
0;
!"#$%"&#'("&)*+&,*-*./0&"*1'23#4
!"#$%&'()*+,
?*%!$.#%.+&%*(+%$(4./%+"8$#':
e"'<?'o%(%M*%&'<J;LB'01%'@%"%&)8
!##%M*8N',+'01%'T"/0%.'U)0/,"#
).,20%.'01%'V=:L%,;")&]%.)","1:+=&+*
!$C"=&W:#21;P'70'$)#'/"'01%')+0%&M)01
,+'01%'#%(,".'$,&8.'$)&'01)0'01%'/"0%&F
")0/,")8'(,MM-"/0N'+/�'&%(,3"/D%.')".
.%(8)&%.'01)0'1-M)"'&/310#')".'+-".)F
M%"0)8'+&%%.,M#')&%')228/()*8%'0,'%A%&N
2%&#,"B'%A%&N$1%&%P'7"'#2/0%',+'M)j,&
./++%&%"(%#'/"'/.%,8,3/%#B'%(,",M/(
./++%&%"(%#')".')'./A%&#/0N',+'(-80-&%#B
01%'T"/A%&#)8'o%(8)&)0/,"'$)#'-"/A%&F
#)88N')((%20%.'*N')88'01%'M%M*%&'#0)0%#
,+'01%'TUP'R,.)N'01%'o%(8)&)0/,"'2&,F
A/.%#'01%'*)#/#'+,&'M)"N'/"0%&")0/,")8
0&%)0/%#'c/"(8-./"3'&%3/,")8',"%#'#-(1
)#'01%'!+&/()"'S1)&0%&',+'Y-M)"')".
9%,28%#^'\/310#',+'<JL<dB'.%(8)&)0/,"#
)".' ")0/,")8' (,"#0/0-0/,"#P
Q1)0')"7;&"=>&:=;1:1$1:+=;'2&,0%(0'&/310#'/"'N,-&'(,-"0&Nn'o,
N,-'1)A%')"',M*-.#M)"6$,M)"'0,',A%&#%%'01%'/M28%M%"0)F
0/,"',+'(1/8.&%"^#'&/310#B'+,&'%K)M28%n'o,'N,-'4",$')*,-0
&%3/,")8'1-M)"'&/310#'M%(1)"/#M#'#-(1')#'01%'Z-&,2%)"
S,-&0',+'Y-M)"'\/310#B'0,'$1/(1'()#%#',+'1-M)"'&/310#'A/,8)F
0/,"#'/"'Z-&,2%'()"'*%'*&,-310'$1%"')88'.,M%#0/('8%3)8'M%)#F
-&%#'1)A%'*%%"'%K1)-#0%.n
7"'<JII'01%'@%"%&)8'!##%M*8N',+'01%
T"/0%.'U)0/,"#').,20%.'01%'9*$)/*'C
$5"*';&8"?)*'*$&"*&D1"*"@51I&H"15';
'*+&8#;$#/';&B5(%$4')".'01%'9*$)/*'C
$5"*';&8"?)*'*$&"*&85?5;&'*+&0";5$51';
B5(%$4P'R,.)NB'01%&%')&%',A%&'I?'1-M)"
&/310#'0&%)0/%#'01)0'%8)*,&)0%',"'01%
+-".)M%"0)8'&/310#')".'+&%%.,M#'(,"F
0)/"%.'/"'01%'T"/A%&#)8'o%(8)&)0/,"P
R1%N')..&%##'2&,*8%M#'#-(1')#5
!""#8)A%&N
!"" 3%",(/.%
!"" 1-M)"/0)&/)"'8)$
!"" 01%').M/"/#0&)0/,"',+'j-#0/(%
!"" #,(/)8'.%A%8,2M%"0
!"" &%8/3/,-#'0,8%&)"(%
!"" (-80-&)8'(,,2%&)0/,"
!"" ./#(&/M/")0/,"
!"" A/,8%"(%')3)/"#0'$,M%"
!"" #0)0-#',+'&%+-3%%#')".'M/",&/0/%#P
7"')../0/,"'0,'01%'0$,'S,A%")"0#B'01%&%
)&%'#%A%&)8'(,&%'S,"A%"0/,"#'01)0'+,&M
01%'*)#/#',+'1-M)"'&/310#'8)$')".
8%3/#8)0/,"P'R1%#%'S,"A%"0/,"#'&%8)0%'0,5
&)(/)8'./#(&/M/")0/,"B'0,&0-&%B'./#(&/M/")F
0/,"')3)/"#0'$,M%"B'01%'&/310#',+'01%
(1/8.B'&%+-3%%#')".'M/",&/0/%#P
Y-M)"/0)&/)"'8)$')".'1-M)"'&/310#'8)$
)&%'(,M28%M%"0)&NB'*-0'1-M)"'&/310#
)&%'0,'2&,0%(0'01%'/"./A/.-)8')0')88'0/M%#B
",0',"8N'/"'0/M%#',+'$)&B'0,'2&%A%"0
)&*/0&)&N' *%1)A/,-&P
0<
o,'N,-'4",$'$1)0'N,-&'&/310#')&%n'o/.'N,-'4",$'01)0'$%')&%
(-&&%"08N'/"'01%'M/..8%',+'01%'VM&]%.">%&*+,&!$C"=&W:#21;
J>$."1:+='c<JJXF>??;dn'@%0'(,2/%#',+'01%'S,"A%"0/,"',"'01%
\/310#',+'01%'S1/8.B'01%'T"/A%&#)8'o%(8)&)0/,"',+'Y-M)"'\/310#
)".',01%&'(,"A%"0/,"#')".'0&%)0/%#P'!&%')88'01%#%'&/310#'&%F
#2%(0%.'/"'N,-&'1,M%6#(1,,86-"/A%&#/0N6(,-"0&Nn
J*/7&/#"*/%*/%#$&%K"8$#'%*, %#$&%J$"<2
R1%'<JLJ'S,"A%"0/,"',"'01%'\/310#',+'01%'S1/8.'cS\Sd'/#'01%
*%#0'%K2&%##/,"',+'01%'1-M)"'&/310#',+'(1/8.&%"B')".'/#',"%',+
01%'M,#0'$/.%8N'&)0/+/%.'1-M)"'&/310#'(,"A%"0/,"#5',"8N'C,M)F
8/)')".'01%'TC'1)A%'",0'&)0/+/%.'/0a'70#'3%"%&)8'.%+/"/0/,"',+')
(1/8.'/#')"N'2%&#,"'-".%&'<L'N%)&#',+')3%B')".')88'01%'2&,A/F
#/,"#',+'01%'S\S'2&,0%(0')88'(1/8.&%"P'R1%'&/310#'%M*,./%.'/"
01%'S\S')&%',+'(,-&#%'*)#%.',"'01%'T"/A%&#)8'o%(8)&)0/,"',+
Y-M)"'\/310#B')".'/"(8-.%'/"')../0/,"B'+,&'%K)M28%5
• R1%'(1/8.^#'*%#0'/"0%&%#0#'#1,-8.'*%'0)4%"'/"0,'(,"#/.%&)0/,"P
• S1/8.&%"^#'2)&0/(/2)0/,"'/"'M)00%&#'01)0')++%(0'01%MB'/P%P'+&%%F
.,M'0,'%K2&%##'01%/&',$"'A/%$#')".'+,&'01,#%'A/%$#'0,'*%
0)4%"'/"0,'(,"#/.%&)0/,"P
• S1/8.&%"'#1,-8.'",0'*%'#%2)&)0%.'+&,M'01%/&'2)&%"0#B'%K(%20
*N'(,M2%0%"0')-01,&/0/%#'+,&'01%'(1/8.&%"^#'$%88F*%/"3P
• 9&/M)&N'%.-()0/,"'M-#0'*%'+&%%')".'(,M2-8#,&NB')".'./#(/F
28/"%'/"'#(1,,8#'#1,-8.'&%#2%(0'01%'(1/8.^#'./3"/0NP
• 9&,0%(0/,"'+&,M'%(,",M/('%K28,/0)0/,"')".'$,&4'01)0'M)N
./#&-20'%.-()0/,"',&'.)M)3%'01%'1%)801',&'$%88F*%/"3',+')'(1/8.P
• C2%(/)8'0&%)0M%"0')".'&%1)*/8/0)0/,"'#1,-8.'*%'2&,A/.%.'+,&
(1/8.&%"'$1,'1)A%'#-++%&%.'M)80&%)0M%"0B'"%38%(0',&'.%0%"0/,"P
• S1/8.&%"'/"A,8A%.'/"'/"+&/"3%M%"0#',+'01%'8)$'#1,-8.'*%
0&%)0%.'/"')'$)N'01)0'2&,M,0%#'01%/&'#%"#%',+'./3"/0N')".'$,&01
)".')/M#')0'&%/"0%3&)0/"3'01%M'/"0,'#,(/%0NP
• C0)0%#'#1,-8.'M)4%'01%'&/310#'/"'01%'S\S'$/.%8N'4",$"'0,
*,01').-80#')".'(1/8.&%"P
"#$%&"'&()'*#+,&-(./
!"#$%"&#'("&)*+&,*-*./0&"*1'23#4
N$&%P/"7&+'.<%D&6<.+.#"*/%*, %3(4./%K"8$#'
cC/M28/+/%.'A%&#/,"B'+&,M'R);;4&".&\/))+"@'Y-M)"'\/310#
Z.-()0/,"' `)"-)8d
!" #$$%&'()*%!"#$%&'()"'!*)$'+)""'($,'"-.(/"%+,%)-,%)$$%.&,
/)(,%0*%102*0.3%)*1%-02&./%)*1%&)4,%.&,%/)(,%-02&./%)/%)*35*,
,$/,"%6&0/%0/%7,8)'/,%9,%)-,%)$$%75-*%90.&%.&,%)70$0.3%.5%.&0*:
)*1%.5%:*59%-02&.%;-5(%9-5*2"
<" =4,-35*,%/&5'$1%&)4,%.&,%&(0"')#%12&'($,'+)"",*0&>%*5
()..,-%9&).%-)8,>%/,?>%5-%85$5-%&,%5-%/&,%()3%7,"
@" =4,-35*,%&)/%.&,%)#%12'2*'/#3">%.5%7,%;-,,%)*1%.5%;,,$%/);,"
A" 6&,%7'30*2%)*1%/,$$0*2%5;%B,5B$,%0/%9-5*2%)*1%&/(3")4'&1*./,
!"'5)"3"$2",').%)$$%.0(,/"
C" D5%5*,%/&5'$1%7,%B'.%.&-5'2&%2*)2.)">%5-%)*3%5.&,-%.-,).(,*.
5-%B'*0/&(,*.%.&).%0/%8-',$%5-%():,/%)%B,-/5*%;,,$%$,//%.&)*
&'()*"
E" =4,-35*,%&)/%.&,%-02&.%.5%7,%(66"52",'"3")471")"'(&'(
5")&*$>%)885-10*2%.5%$)9"
F" G5'%)-,%,*.0.$,1%.5%7,%2)"(2",'"-.(//4'!4'21"'/(7>%)*1%.5%7,
,H')$$3%B-5.,8.,1%73%0."
I" J;%35'-%-02&./%'*1,-%.&,%$)9%)-,%405$).,1>%35'%&)4,%.&,%-02&.%.5
&)4,%;)0-%K'12,/%9&5%90$$%/,,%.&).%8.&2#6"'#&',*$""
L" G5'%/&5'$1%*5.%7,%())"&2",9'1"/,'#$'8(#/'*)'21)*7$'*.2'*+
4*.)'*7$'6*.$2)4'+*)'$*'%**,')"(&*$"
!M" J*%8)/,%35'%&)4,%.5%25%.5%85'-.>%35'%&)4,%.&,%/)(,%-02&./%)/
)*35*,%,$/,%.5%)%+(#)'($,'5.!/#6'1"()#$%'73%85'-./%.&).%)-,
5B,*N(0*1,1%)*1%;-,,%.5%():,%.&,0-%59*%1,80/05*/"
!!" J;%35'%)-,%7$)(,1%;5-%)%8-0(,>%35'%/&5'$1%7,%.&5'2&.%5;%)/
#$$*6"$2'.$2#/'4*.'()"'5)*3"$'%.#/24:
!<" D5%5*,%/&5'$1%7'..%0*.5%35'-%5)#3(64>%;)(0$3>%&5(,%5-%()0$>%5)..)8:%35'-%&5*,/.3%)*1%/,$;N-,/B,8.%;5-%*5%2551%-,)/5*"
!@" +0.&0*%)*3%85'*.-3%35'%&)4,%.&,%-02&.%.5%%*'($,'/#3"'71")"
4*.'7($2"%G5'%&)4,%.&,%-02&.%.5%$,)4,%)*3%85'*.-3>%0*8$'10*2
35'-%59*>%)*1%-,.'-*%9&,*%35'%9)*."
!A" G5'%&)4,%.&,%-02&.%.5%&"";'&1"/2")'+)*0'1()(&&0"$2'0*%)*N
5.&,-%85'*.-3"
!C" D5%5*,%/&5'$1%.):,%)9)3%35'-%)#%12'2*'21"'6*.$2)4'71")"
4*.<)"'+)*0"
!E" O-59*%(,*%)*1%95(,*%&)4,%)%)#%12'2*'0())4')*1%/.)-.%)
;)(0$3>%90.&5'.%)*35*,%.-30*2%.5%/.5B%.&,(%7,8)'/,%5;%.&,0-)8,>%85'*.-3%5-%-,$0205*"%P5.&%&)4,%.5%)2-,,%.5%()--0)2,%)*1
75.&%&)4,%,H')$%-02&./%0*%2,..0*2%()--0,1>%1'-0*2%.&,%()--0)2,>
)*1%0;%)*1%9&,*%.&,3%1,801,%.5%,*1%0."
!F" =4,-35*,%&)/%.&,%)#%12'2*'1(3"'!"/*$%#$%&>%)*1%*5%5*,
/&5'$1%.):,%35'-%.&0*2/%)9)3%;5-%*5%2551%-,)/5*"
!I" G5'%()3%7,$0,4,%9&).%35'%9)*.%.5%7,$0,4,>%&)4,%01,)/%)75'.
-02&.%)*1%9-5*2>%)*1%!"/#"3"'#$'($4')"/#%#*$'4*.'7($2>%)*1
35'%()3%8&)*2,%35'-%-,$0205*%0;%35'%$0:,"
!L" G5'%&)4,%.&,%-02&.%.5%.,$$%B,5B$,%&59%35'%;,,$%)75'.%.&0*2/
90.&5'.%7,0*2%.5$1%.5%:,,B%H'0,."%G5'%()3%)"(,'21"'$"7&5(=
5")&'*)'/#&2"$'2*'21"')(,#*>%)*1%35'%&)4,%.&,%-02&.%.5%B-0*.%35'5B0*05*/%)*1%/,*1%.&,(%)*39&,-,"
<M" G5'%&)4,%.&,%-02&.%.5%%(21")'5"(6"+.//4'7#21'5"*5/">%)*1%.5
7,%90.&%)*35*,%35'%9)*.>%7'.%*5%5*,%8)*%;5-8,%35'%.5%K50*%57,$5*2%.5%)*3%2-5'B"
<!" G5'%&)4,%.&,%-02&.%.5%,$,8.%5*,%5;%.&,%B,5B$,%0*%35'-%254,-*N
(,*.%73%8&55/0*2%.&,(%0*%+(#)'"/"62#*$&'9&,-,%,)8&%45.,
85'*./%.&,%/)(,%)*1%9&,-,%35'-%45.,%0/%35'-%59*%7'/0*,//"
P,8)'/,%B,5B$,%45.,>%254,-*(,*./%/&5'$1%15%9&).%B,5B$,
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
9)*.%.&,(%.5%15"
<<" G5'%&)4,%.&,%)#%12'2*'1(3"'4*.)
!('$"",&'0"2'/5%35'%8)*%$04,%90.&
B-01,%)*1%7,85(,%.&,%B,-/5*%35'
9)*.%.5%7,Q%)*1%5.&,-%85'*.-0,/%)*1
2-5'B/%5;%85'*.-0,/%/&5'$1%&,$B"
<@" G5'%/&5'$1%7,%)7$,%.5%7*);>%8&55/,
35'-%K57>%K50*%)%'*05*>%&)4,%/);,
95-:0*2%85*10.05*/>%)*1%7,%B-5.,8.,1
)2)0*/.%*5.%&)40*2%95-:"%G5'%/&5'$1
&)4,%.&,%/)(,%B)3%)/%5.&,-/%9&5%15
.&,%/)(,%95-:"%J;%35'%15*R.%2,.%B)01
,*5'2&%35'%/&5'$1%2,.%5.&,-%:0*1/%5;
&,$B"
<A" =4,-35*,%&)/%)%-02&.%.5%)"&2'($,
)"/(>(2#*$>%)*1%.&).%0*8$'1,/%$0(0.0*2
.&,%*'(7,-%5;%&5'-/%35'%)-,%-,H'0-,1
.5%95-:%)*1%)$$590*2%;5-%)%&5$01)3%90.&
B)3%5*8,%0*%)%9&0$,"
<C" G5'%&)4,%)%-02&.%.5%&)4,%9&).%35'
*,,1%.5%$04,%)%1,8,*.%$0;,>%0*8$'10*2
+**,9'6/*21"&9'('1*0"9'($,'0",#6(/
6()"';5-%35'%)*1%35'-%;)(0$3"%G5'%&)4,
.&,%-02&.%.5%2,.%&,$B%;-5(%/580,.3%0;
35'R-,%/08:%5-%'*)7$,%.5%95-:>%5-%35'R-,
5$1,-%5-%90159,1>%5-%0;%0*%)*3%5.&,9)3%35'%8)*R.%95-:%.&-5'2&%*5%;)'$.%5;
35'-%59*"
<E" G5'%&)4,%)%)#%12'2*'",.6(2#*$"%#.
$,)/.%0*%.&,%,)-$3%3,)-/%0.%/&5'$1%7,
;-,,%)*1%-,H'0-,1%;5-%)$$"%S).,-%,1'8)N
.05*%/&5'$1%7,%.&,-,%;5-%.&5/,%9&5
9)*.%0.%)*1%8)*%'*1,-.):,%0."%=1'8).05*
/&5'$1%&,$B%B,5B$,%7,85(,%.&,%7,/.
.&,3%8)*%7,%)*1%.5%-,/B,8.%.&,%&'()*
-02&./%5;%5.&,-/%0*%)%B,)8,;'$%95-$1"
<F" G5'%&)4,%.&,%-02&.%.5%K50*%0*%)*1%7,
B)-.%5;%.&,%95-$1%5;%()29'0.'($,
!**;&%)*1%.5%/&)-,%0*%.&,%)14)*.)2,/
.&).%85(,%;-5(%*,9%10/854,-0,/%0*%.&,
/80,*8,/"'J;%35'%&)4,%9-0..,*>%()1,%510/854,-,1%/5(,.&0*2>%35'%/&5'$1%2,.
8-,10.%;5-%0.%)*1%2,.%,)-*0*2/%;-5(%0."
<I" =4,-35*,%&)/%.&,%-02&.%.5%)%95-$1
9&,-,%)#%12&'($,'+)"",*0&'()"
)"&5"62",'($,'0(,"'2*'1(55"$"
<L" +,%)$$%&)4,%)%-,/B5*/070$0.3%.5%.&,
B$)8,%9&,-,%9,%$04,%)*1%.&,%B,5B$,
)-5'*1%'/"%65%,*K53%;-,,15(>%9,%*,,1
/(7&'($,'/#0#2&'21(2')"&5"62'"3")4=
*$"<&')#%12&9'0""2'*.)'&"$&"'*+
)#%12'($,'7)*$%9';""5'5"(6"'#$'21"
7*)/,9'($,'&.55*)2'21"'?$#2",
@(2#*$&"
@M" D5.&0*2%0*%.&0/%/.).,(,*.%(,)*/%.&).
)*35*,%()3%7"(;"$'*)'2(;"'(7(4
5'-%-02&./"
0=
!"#$%"&#'("&)*+&,*-*./0&"*1'23#4
>'/&54&*"$&$"&<)&$%"#(%$&".&'4&+!5*(&."/
G%'$&!"#&<);5)?)&5*I&<#$&'4&A5;;5*(&."/
G%'$&!"#&<);5)?)&5*=
C+2$*+'O-**)&<'0?`a
N$&%+"8$#%#*%+&,('&%#*%R"<<
eA%&'1)8+'01%'(,-"0&/%#'/"'01%'$,&8.'#0/88
1)A%'1"*41/5:$5"*&0,'01%')&MNB'/P%P
N,-"3'M%"')&%'&%h-/&%.'0,'.,'M/8/0)&N
#%&A/(%P'e01%&'(,-"0&/%#B'8/4%'01%'T]
)".'01%'U%01%&8)".#B'1)A%')'2&,+%#F
#/,")8')&MNB'$1/(1'M%)"#'01)0',"8N
01,#%'$1,'$)"0'0,'#%&A%'/"'01%')&M%.
+,&(%#P'7"'#,M%',+'01,#%'(,-"0&/%#
$1%&%'01%&%'/#'(,M2-8#,&N'M/8/0)&N
#%&A/(%'01%&%')&%')8#,'8)$#')".'#0&-(F
0-&%#'+,&'(,"#(/%"0/,-#',*j%(0/,"P'7"
@%&M)"NB'+,&'%K)M28%B'8,0#',+'N,-"3
M%"'.,'';$)/*'$5?)&15?5;5'*&4)/?51)
/"#0%).',+'M/8/0)&N'#%&A/(%P
Y,$%A%&B'/"'#,M%'(,-"0&/%#B'#-(1')#
\-##/)B'01/#'&/310'/#'",0'3&)"0%.P'!8F
01,-31'01%'\-##/)"'S,"#0/0-0/,"'3&)"0#
(,"#(/%"0/,-#',*j%(0,&#'01%'&/310'0,')"
)80%&")0/A%'(/A/8/)"'#%&A/(%B'/"'2&)(0/(%
01%N'-#-)88N'%".'-2'/"'(,-&0P'!0'1/#'0&/)8
/"'<JJJB'o/M)'U%A%&,A#4N'(,".%M"%.
01%'$)&'/"'S1%(1"N)')#')'(&/M%P'Y%
$)#'#%"0'0,'2&/#,"'+,&'0$,'N%)&#P'!+0%&'X
M,"01#'1%'$)#'&%8%)#%.B'*-0')0'01%'0/M%
,+'$&/0/"3'1%'/#'#0/88'",0'0,0)88N'+&%%B'*-0
)$)/0/"3')'&%0&/)8P'o-&/"3'01%'S1%(1%"
$)&',+'<JJ;FJIB'M,#0',+'01%'\-##/)"
#,8./%&#'01)0'./%.'$%&%'(,"#(&/20#P
7+')'(-80-&%',+'2%)(%'/#'%A%&'0&-8N'0,
%K/#0B'$%'M-#0')*)".,"'01%'(-&&%"0
M/8/0)&N'.%+%"(%'#N#0%M')".'&%28)(%'/0
$/01')80%&")0/A%'#%(-&/0N')&&)"3%M%"0#x
01%&%'()"'*%'",'&%)8B'1-M)"'#%(-&/0N')#
8,"3')#'2%,28%')&%'*%/"3'0&)/"%.'0,'4/88
)".'.%A%8,2'8%01)8'$%)2,"#P'7"'01%
M%)"0/M%B'",',"%'#1,-8.'*%'+,&(%.'0,
-".%&3,'#-(1'0&)/"/"3')3)/"#0'01%/&'$/88P
R1%'&/310'0,'(,"#(/%"0/,-#',*j%(0/,"'/#
&%(,3"/D%.')#')'M)"/+%#0)0/,"',+'01%
+-".)M%"0)8'&/310#'0,'+&%%.,M',+
01,-310B'(,"#(/%"(%')".'&%8/3/,"'c)&0/(8%
<L',+'01%'T"/A%&#)8'o%(8)&)0/,"',+
Y-M)"'\/310#d')".'0,'+&%%.,M',+
,2/"/,"')".'%K2&%##/,"'c)&0/(8%'<JdB')".
,+'(,-&#%')&0/(8%'H5'ZA%&N,"%'1)#'01%
&/310'0,'8/+%B'8/*%&0N')".'#%(-&/0N',+'2%&F
#,"P
0>
Q$.#%6./%!"%2*%.X*(#%$(4./%+"8$#':
!&%'01%&%'(+):1:.")&(,:;+=%,;'/"'N,-&'(,-"0&Nn
R1)0'/#'0,'#)NB')&%'2%,28%'/M2&/#,"%.'*%()-#%',+
01%/&'2,8/0/()8'*%8/%+#')".',2/"/,"#n'!M"%#0N
7"0%&")0/,")8'()88#'#-(1'2%,28%'2&/#,"%&#',+
(,"#(/%"(%B')".'01%N'/"(8-.%'2%,28%'$1,')&%'/"
2&/#,"'*%()-#%'01%N'1)A%'#2,4%"',-0')3)/"#0'01%/&'3,A%&"F
M%"0B'+,&'%K)M28%P'!M"%#0N'7"0%&")0/,")8',&3)"/D%#'8%00%&F
$&/0/"3'()M2)/3"#B'$1/(1'%A%&N,"%'()"'0)4%'2)&0'/"B'0,'2-0
2&%##-&%',"'3,A%&"M%"0#'0,'&%8%)#%'2&/#,"%&#',+'(,"#(/%"(%',&
0,'*&/"3'2%&2%0&)0,&#',+'1-M)"'&/310#')*-#%#'0,'0&/)8P'V,-'()"
)8#,'$&/0%'0,'01%'2&/#,"%&#'01%M#%8A%#'0,'%K2&%##'N,-&'#-22,&0
+,&'01%/&')(0/,"#B')".'0,'8%0'01%M'4",$'01)0'01%N'1)A%'",0'*%%"
+,&3,00%"P'V,-'(,-8.'#%0'-2'N,-&',$"'8%00%&F$&/0/"3'3&,-2P
ZA%&N'N%)&'/"'o%(%M*%&B'Q)&'\%#/#0%&#'7"0%&")0/,")8'2-0#',-0')
8/#0',+'-,:;+=%,;&*+,&-%".%B'2%,28%'$1,')&%'/"'2&/#,"'*%()-#%
,+'01%/&')(0/,"#'+,&'2%)(%B'%P3P'(,"#(/%"0/,-#',*j%(0,&#',&
G%54$;)C<;"G)/4'#-(1')#'`,&.%(1)/'m)"-"-P'm)"-"-'1)#'*%%"
/"'2&/#,"'/"'7#&)%8'+,&'<;'N%)&#B'<>',+'$1/(1'$%&%'#2%"0'/"
#,8/0)&N'(,"+/"%M%"0P'Y/#'_(&/M%^n'Y)A/"3'$,&4%.'/"',"%',+
7#&)%8^#'"-(8%)&'28)"0#B'1%'&%A%)8%.'0,'01%',-0#/.%'$,&8.'01)0
7#&)%8'$)#'.%A%8,2/"3')'"-(8%)&')&#%")8B'$1/(1'01%'3,A%&"M%"0
0,'01/#'.)N'1)#'",0')(4",$8%.3%.P
o,%#'01%'#0)0%'%K%(-0%',&'(&-%88N'2-"/#1'2%,28%'/"'N,-&'(,-"F
0&Nn'R1%'.%)01'2%")80N'/#')'*8)0)"0'A/,8)0/,"',+',"%',+'01%'M,#0
+-".)M%"0)8'1-M)"'&/310#B'01%'&/310'0,'8/+%P
`)4%'N,-&'#(1,,8')'C(1,,8'$/01,-0'\)(/#M'/"'2&%2)&)0/,"'+,&
01%'7"0%&")0/,")8'V%)&',+'`,*/8/D)0/,"')3)/"#0'\)(/#MB'\)(/)8
o/#(&/M/")0/,"B'w%",21,*/)')".'\%8)0%.'7"0,8%&)"(%B'$1/(1'$/88
0)4%'28)(%'/"'>??<P'7"'>??<'01%'Q,&8.'S,"+%&%"(%')3)/"#0
\)(/#M'$/88'*%'(,"A%"%.'/"'C,-01'!+&/()P
R1%&%'/#')':%83/)"',&3)"/D)0/,"'01)0'#-22,&0#'01%'%#0)*8/#1M%"0
,+'R.2++);&7:12+$1&W".:;C&cZ(,8%'#)"#'\)(/#M%dP'R1%/&
(,"(%20/,"',+')'C(1,,8'$/01,-0'\)(/#M'/#',"%'$1%&%5
<P )((-&)0%'/"+,&M)0/,"',"'&)(/#MB'/MM/3&)"0#B'/MM/3&)0/,"
)".'./++%&%"0'(-80-&%#'/#'+&%%8N'./#0&/*-0%.P
>P ./#(&/M/")0/,"')".'&)(/#0'2&,2)3)".)')&%'&%j%(0%.')".
+,&*/..%"P
HP )"0/F&)(/#M')(0/,"#')&%'()&&/%.',-0P
;P M%%0/"3#')&%',&3)"/D%.'*%0$%%"':%83/)"#'c,&'N,-&',$"
")0/,")8/0Nd')".'/MM/3&)"0#'/"',&.%&'0,'2&,M,0%'+&/%".#1/2
)".')"0/F&)(/#MP
R1%'V,-01'o/&%(0,&)0%',+'01%'S,-"(/8',+'Z-&,2%'&)"')'Z-&,2%
$/.%')"0/F&)(/#M'()M2)/3"B')".'2&,.-(%.'#,M%'%K(%88%"0
M)0%&/)8#'+,&'N,-01'$,&4'/"'01/#'+/%8.B'/"'2)&0/(-8)&'01%'-;;&_5..)/C
)*$&C&-;;&DY#';&Z.-()0/,"'9)(4&$1/(1'(,"0)/"#'3&%)0'/.%)#B
&%#,-&(%#B'M%01,.#')".')(0/A/0/%#'+,&'/"+,&M)8'/"0%&(-80-&)8
%.-()0/,"P'R1%'Z.-()0/,"'9)(4'/#')A)/8)*8%'/"'#%A%&)8'8)"F
3-)3%#')".'+&%%',+'(1)&3%'+&,M5
Z-&,2%)"'V,-01'S%"0&%B'H?'&-%'9/%&&%'.%'S,-*%&0/"
IG???'C0&)#*,-&3B'g&)"(%P'g)K5'EHHFLLF;<F>GGG
"#$%&"'&()'*#+,&-(./
!"#$%"&#'("&)*+&,*-*./0&"*1'23#4
H"#$%&-./51'&54&;'/()&)*"#(%&$"&'11"@@"+'$)&';;&:)":;)&5.&$%)!
%'?)&;'/()&)*"#(%&%)'/$4=
F%;"*+'^2+2%)
3*!%#*%,.6"<"#.#&%$(4./
+"8$#'%&2(6.#"*/:
Y-M)"'\/310#'()"',"8N'*%'2)##%.',"
01&,-31')'"%$'4/".',+'-".%�)"./"3',+
1-M)"'")0-&%')".',+'01%'2&,(%##%#
/"A,8A%.'/"'%.-()0/,"P
R1%'M)/"',*j%(0/A%',+'1-M)"'&/310#
%.-()0/,"'/#'0,'%C(+7%,'/"./A/.-)8#
)".'(,MM-"/0/%#B')".'0,')(1/%A%'01)0'/"
)'$)N'01)0'/#'+)/01+-8'0,'01%'2&/"(/28%#
(,"0)/"%.'/"'1-M)"'&/310#'.,(-M%"0#P
Y-M)"'&/310#'%.-()0/,"'-#%#'2)&0/(/2)F
0,&N'M%01,.#B'.&)$/"3',"'01%'2)&0/(/F
2)"0#^'%K2%&/%"(%'0,'8/"4')*#0&)(0'2&/"(/F
28%#'0,'01%/&'%A%&N.)N'8/A%#')".'1%82/"3
01%M'0,'&%)8/#%'1,$'01%N'()"'0)4%
2,##%##/,"',+'01%/&'8/+%')".'2&,M,0%')".
2&,0%(0'1-M)"'&/310#')".',*8/3)0/,"#P
C-(1'%M2,$%&M%"0',((-&#'01&,-315
C-2+.'F9*)=$/'7$/="*&'$+'+."'6$(2"'=-/9"*"/="
V,-"3'2%,28%'()"'28)N')"'/M2,&0)"0'&,8%'/"'8,**N/"3'+,&'/"0%&F
")0/,")8'&%#2%(0',+'1-M)"'&/310#P'7+'N,-'8/A%'/"')'(,-"0&N'$1%&%
1-M)"'&/310#')&%'8)&3%8N'&%#2%(0%.'c01%&%'/#'(%&0)/"8N'",0')
#/"38%'(,-"0&N'/"'$1/(1'%A%&N'2%&#,"^#'&/310#')&%'+-88N'&%F
#2%(0%.dB'N,-'()"'8,**N'N,-&'3,A%&"M%"0'0,'/"0&,.-(%'#)"(F
0/,"#')3)/"#0'(,-"0&/%#'$1%&%'01%&%')&%'3&)A%'1-M)"'&/310#
A/,8)0/,"#5'0&).%'&%8)0/,"#'(,-8.'*%'*&,4%"'+,&'%K)M28%P'e&
.%M)".'01)0'N,-&'3,A%&"M%"0'",0'#%88')&M#'0,'#-(1'(,-"0&/%#
c01,-31'%A%"'*%00%&'$,-8.'*%'+,&'01%M'",0'0,'#%88',&'2&,.-(%
$%)2,"#')0')88adP
e"%',+'01%'*%#0'$)N#'0,'%"#-&%'&%#2%(0'+,&'1-M)"'&/310#'/#
01&,-31'2$C"=&,:#21;&%>$."1:+=P'Q%'()"',"8N')(0'-2,"'$1)0
$%'4",$B'#,',"8N'$1%"'2%,28%'4",$'01%/&'&/310#'$/88'01%N'*%
)*8%'0,'.%+%".'01%MP
Q$.#%"'%$(4./%+"8$#'%&2(6.#"*/:
Y-M)"'&/310#')".'&%#2,"#/*/8/0/%#')&%'01,#%'&%(/2&,()8'-"/A%&F
#)88N')((%20%.'2&/"(/28%#')".'",&M#'01)0'M-#0'3,A%&"'01%
)(0/,"#',+'/"./A/.-)8#B'(,MM-"/0/%#')".'/"#0/0-0/,"#'/+'1-M)"
./3"/0N'/#'0,'*%'2&%#%&A%.')".'j-#0/(%B'2&,3&%##')".'2%)(%')&%
0,'*%'2&,M,0%.P'7"'01%'$,&.#',+'01%'T"/A%&#)8'o%(8)&)0/,"',+
Y-M)"'\/310#B'01%N'&%2&%#%"0'$)3+;;+%)7/$%?$"?)+<
$3:&(.(;(%/)<+")$99)8(+89(7)$%?)$99)%$/&+%7E
Y-M)"'\/310#'Z.-()0/,"B'01%"B'/#')"N')(0/A/0N'01)0'2&,M,0%#
01%'-".%�)"./"3',+B')".'&%#2%(0'+,&B'1-M)"'&/310#')".',*8/3)F
0/,"#B'+,#0%&#'1-M)"'./3"/0N')".'*-/8.#')'-"/A%&#)8'(-80-&%',+
1-M)"'&/310#''5@)+&'$&1/)'$5*(&'&:)'1).#;&G"/;+&4"15)$!=
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
!"" %"1)"(/"3'4",$8%.3%
!"" .%A%8,2/"3'(&/0/()8'-".%�)"./"3
!"" (8)&/+N/"3'A)8-%#
!"" *&/"3/"3')*,-0')00/0-./")8'(1)"3%#
!"" 2&,M,0/"3')00/0-.%#',+'#,8/.)&/0N
G+::#1,3(21&'()&5311#932$,32:
.+9$2&)3:.,1&32'()9$,3(2H
!"" e&3)"/D%'M-80/(-80-&)8'.&)M)B')&0B
.)"(%B'M-#/('2%&+,&M)"(%#!,"'01%
#0&%%0#B'/"'#(1,,8#B'-"/A%&#/0/%#B'%0(P
!"" Y,8.'#%M/")&#')".'(8)##%#',"'1-M)"
&/310#' %.-()0/,"
!"" e&3)"/D%'%K1/*/0/,"#
!"" o/#0&/*-0%'01%'T"/A%&#)8'o%(8)&)0/,"',+
Y-M)"'\/310#
!"" Y,8.'(,M2%0/0/,"#'/"'#(1,,8#B'N,-01
(8-*#B'%0(P',"'1-M)"'&/310#
!"" e&3)"/D%')'1-M)"'&/310#'.)N'/"'N,-&
#(1,,8'/"'(,"j-"(0/,"'$/01'8,()8'2%)(%
)".'1-M)"'&/310#'3&,-2#P'T#%'A)&/,-#
M%./)'c$,&4#1,2#B'+/8MB'#2%)4%&#B
M-#/(B'0%8%(,"+%&%"(%#B'%0(Pd'0,'M)4%
01%'.)N'%K(/0/"3
!"" o,',-0&%)(1'0,'0%)(1%&'3&,-2#')".
%"(,-&)3%'01%M'0,'-#%'1-M)"'&/310#
/##-%#'/"'01%/&'(-&&/(-8)P'S,"0)(0'0%)(1%&
0&)/"/"3'2&,3&)M#')".'&%(&-/0'0%)(1%&#B
,&'2&%#%"0'.-&/"3'(8)##'0/M%P
0?
!"#$%"&#'("&)*+&,*-*./0&"*1'23#4
0*(#$%1*+%3(4./%K"8$#'
-2(6.#"*/%M&#!*+R
!'3&,-2',+'N,-01'U@e#'/"A,8A%.'/"
1-M)"'&/310#'%.-()0/,"'%#0)*8/#1%.')
W"#$%&\"/&,#@'*&B5(%$4&D+#1'$5"*
V)$G"/A'0,'#1)&%'%K2%&/%"(%')".'/.%)#
)".'%"3)3%'/"'j,/"0'2&,j%(0#P'R1%')(0/A/F
0/%#'01%'"%0$,&4'/#'(-&&%"08N'28)""/"3
/"(8-.%5')'Y-M)"'\/310#'Z.-()0/,"
Q%%4%".'Q,&4#1,2B')'8/A%')(0/,"'&,8%
28)N',"'01%'2&,M,0/,"',+'2%)(%')".')
2&,j%(0'$/01'01%')##,(/)0/,"',+'./)*%0/(#
/"'9,&0-3)8P'R1%'"%0$,&4',&3)"/D%#
/"0%&"%0'./#(-##/,"#',+'1-M)"'&/310#
/##-%#')".'2-*8/#1%#')'"%$#8%00%&P
W,,4')0'01%/&'$%*#/0%
ct'#%%'(,"0)(0'8/#0',"
2)3%'XI'+,&'+-88'.%0)/8#d5
77765*2,%=6SC6.+C
-Y&+6"'&=%GM&&2'L%K"8$#'%./2
3(4./%D"8/"#5H
g&,M&R);;4&".&\/))+"@&,#@'*&B5(%$4
D+#1'$5"*& E'*#';
!.(".&(-F&70'/#'/M2,&0)"0
0,'8/"4'*)#/('1-M)"'"%%.#
$/01'1-M)"'&/310#'/"',&.%&
+,&'01%'(,"(%20',+'1-M)"
&/310#'0,'3)/"')((%20)"(%
)".'-".%�)"./"3P'R1%'T"/A%&#)8
o%(8)&)0/,"',+'Y-M)"'\/310#'cToY\d
#1,-8.'/"/0/)88N'*%'/"0&,.-(%.'/"')((%##/F
*8%'8)"3-)3%P'\)/#/"3'%8%M%"0)&N
h-%#0/,"#')*,-0'01%'&)"3%',+'1-M)"
"%%.#')".'#1,$/"3'2)&0/(/2)"0#'01)0
01%&%'/#')'&/310'M)0(1/"3'%A%&N'"%%.
3%"%&)88N'3%0#'h-/(4')((%20)"(%'+,&'01%
",0/,"'01)0'1-M)"'&/310#')&%'/M2,&0)"0
)".'()"'*%'-#%+-8P
!4F(3/&.(7F&R1%'2)&0/(/2)"0#'#1,-8.
3)/"')"'-".%�)"./"3'01)05
!"" *)#/('1-M)"'"%%.#')&%'-"/A%&#)8
!"" %A%&N'/.%"0/+/)*8%'1-M)"'"%%.'/#
(,""%(0%.'0,')'1-M)"'&/310')((,&./"3
0,'01%'ToY\
!"" 01%'ToY\'&%2&%#%"0#')'p1,2%.F+,&
2"+3(?,"(7F&R1%'+/�')(0/A/0N'/"'01/#'/"0&,.-(0,&N'#%##/,"
#1,-8.'0)4%')*,-0'0%"'M/"-0%#P'R1%',01%&'#0%2#'>?'M/"-0%#',&
M,&%P'R$,'#%##/,"#'M)N'*%'"%%.%.'/+'01%'3&,-2'/#'&%).N'0,'3,
*%N,".'#0%2'XP
G$/("&$97@&R1%'pC/M28/+/%.'m%&#/,"',+'01%'T"/A%&#)8'o%(8)&)0/,"
,+'Y-M)"'\/310#q'c,"'2)3%'HGdP
H(I,(%3(@
R1%(&BP'!#4'01%'2)&0/(/2)"0#'0,'1%82'N,-'M)4%')'8/#0',+')88'01%
*)#/('=%%>;&01)0')&%'/"1%&%"0'/"'*%/"3')'1-M)"'*%/"3P
R1%(&E6&:&%)4'-2'2)&0/(/2)"0#'/"0,'3&,-2#B',"%'+,&'%)(1'"%%.B
&%2,&0/"3'*)(4'$1%01%&'01%N'01/"4'01%',"%'"%%.',"'$1/(1'01%N
+,(-#%.'/#B'/"'+)(0B'M%0'/"',-&'#,(/%0NP'S1)&)(0%&/D%',-&'#,(/%0N
)#'0,'$1%01%&'/0')88,$#'/"./A/.-)8#'0,'M%%0'01%/&'"%%.#')".'-#%
01%/&'2,0%"0/)8/0/%#B')".'1%82#'01%M'.%A%8,2'01%/&'h-)8/0/%#P
R1%(&G6&!#4'%)(1'3&,-2'0,'%"A/#/,"')".'(1)&)(0%&/D%'01%'#+");
,+')'#,(/%0N'01)0'01%N'01/"4'$/88')88,$'01%M'0,'M%%0'01%/&'*)#/(
"%%.#')".'0,'.%A%8,2'01%/&'2,0%"0/)8/0/%#')#'1-M)"'*%/"3#P
R1%(&T6&!#4'%)(1'3&,-2'0,'&%2,&0'*)(4'/0#'./#(-##/,"'/"')'+%$
$,&.#P'W/#0%"/"3'0,'01%#%'2&%#%"0)0/,"#B'01%'+)(/8/0)0,&'#1,-8.
(,"#0&-(0')'(1)&0'./A/.%.'/"0,'01&%%'(,8-M"#5
c<d'(1)&)(0%&/#0/('*)#/('"%%.#',+')'1-M)"'*%/"3
c>d'(1)&)(0%&/#0/(#',+'01%'2&%#%"0'#,(/%0N')".'$1%01%&'01%
/.%"0/+/%.'"%%.#')&%'M%0'+,&'M,#0'2%,28%
cHd'(1)&)(0%&/#0/(#',+'01%'.%#/&%.'3,)8#'+,&'#,(/%0NP
R1%(&U6&S,"#0&-(0/"3')'"%$'(,8-M"'c;dB'01%'+)(/8/0)0,&'#1,$#
01%'./++%&%"0'1-M)"'&/310#'"%%.%.'0,'%"j,NB'0,'2&,0%(0')".'0,
%"1)"(%',"%^#'./3"/0NP
<P'UZZoC
>P'g!SRC
HP'@e!WC
;P'\7@YRC
ZK28)/"'01)0'+,&'%A%&N'*)#/('"%%.'01%&%'/#')'(,&&%#2,"./"3
1-M)"'&/310P'o&)$'-2,"'01%'&%8%A)"0'1-M)"'&/310'*N'-#/"3'01%
!&0/(8%'"-M*%&')".'#/M28/+/%.'A%&#/,"',+'01%'T"/A%&#)8'o%(8)&)F
0/,"',+'Y-M)"'\/310#P
R1%(&^6&e2%"')'./#(-##/,"')*,-0'(,8-M"'>B'$1%&%'1-M)"
&/310#'A/,8)0/,"#'M)N'*%'/.%"0/+/%.B')".'(,8-M"'HB'$1/(1'3/A%#')
38/M2#%',+'$1)0'8/%#')1%).'/+')".'$1%"'1-M)"'&/310#')&%'+/")88N
&%#2%(0%.B'2&,0%(0%.')".'2&,M,0%.P'!#4'M%M*%&#',+'%)(1
3&,-2'2&%A/,-#8N'+,&M%.'0,'8,,4')0'"%%.#B'$1)0'(,-8.'*%'.,"%
/"',-&'#,(/%0N'0,'M%%0'*)#/('1-M)"'"%%.#')".'2&,0%(0'1-M)"
&/310#n
R);;4&".&\/))+"@'()"'*%'.,$"8,).%.'+&,M'01%'T"/A%&#/0N',+
`/""%#,0)'Y-M)"'\/310#'W/*&)&N5
777B6$C=6%>$42$C"=,1;4%>$."1:+=4C"1%,:");621C
$,&8.q'#-228N/"3'01%'3,)8#')#'01%'*)#/#
+,&'j-.3/"3',-&',$"'#,(/%0N
!"",-&'#,(/%0NB'8/4%',01%&#B'(,M%#'-2
#1,&0'*N'/"0%&")0/,")8'#0)".)&.#'$1%&%
"%%.#')&%'",0'M%0')".'$1%&%'1-M)"
&/310#')&%'A/,8)0%.P
:A
"#$%&"'&()'*#+,&-(./
:6'2'#"6%@5+&"6$
>'/&54&*"$&1'#4)+&<!&G)':"*4V$%)4)&'/)&45@:;!&5@:;)@)*$4
#4)+&5*&G'/=&B)';&'*+&4#4$'5*'<;)&:)'1)&54&$%)/)."/)&*"$
"<$'5*)+&45@:;!&<!&'<";54%5*(&'/@'@)*$4=&\"/&$%)&."#*+'$5"*
".&/)';&:)'1)&54&M#4$51)&'*+&)Y#';5$!=
>+4'%#+.2&
12%)2&'!3"*"*"
R1%'$)&'/".-#0&N'/#'#,'/M2,&0)"0'0,
M)"N'(,-"0&/%#'01)0'/0'/#'1%)A/8N'#-*#/F
./#%.'*N'3,A%&"M%"0#B'$1/(1')33&%#F
#/A%8N'M)&4%0'+/310%&'28)"%#B'0)"4#')".
,01%&'M-&.%&,-#'0,N#'0,',01%&'&%F
3/M%#V$1)0%A%&'01%/&'&%(,&.',"'1-M)"
&/310#B',&'01%'&%)8'"%%.#',+'01%/&'2%,28%P
g,&'%K)M28%B'$1%"'`)&3)&%0'R1)0(1%&
$)#'9&/M%'`/"/#0%&',+'01%'T]B'1%&'#,"
)(0%.')#')"')&M#'%"A,NB'#%(-&/"3
8-(&)0/A%'(,"0&)(0#'+,&':&/0/#1'M/8/0)&N
1)&.$)&%',"'+,&%/3"'A/#/0#P'7"'01/#'1/318N
(,M2%0/0/A%'*-#/"%##B'(,-"0&/%#'#2N',"
%)(1',01%&'0,'1%).',++'&/A)8'*/.#B')".
3,A%&"M%"0#')&%',++%&%.'_#$%%0%"%&#^B
#-(1')#'M,"%N'+,&')/.B'0,'%"(,-&)3%
01%M'0,'*-NP
7'01/"4'#,M%01/"3^#'$&,"3'1%&%y
&&&&&&&82%&7+,)>&;(%=>;
&&&&Y_H:)):+=Z
&&&&82%&7+,)>&=%%>;
Y_H:)):+=Z
3,8+
;?
*)#/('(1/8.'1%)801't'"-0&/0/," <H
$/"%
LX
2&/M)&N' %.-()0/,"
I
*%%&
<I?
#)+%'$)0%&'t'#)"/0)0/,"
J
).A%&0/#/"3
>X?
+)M/8N' 28)""/"3
I
(/3)&%00%#
;??
M/8/0)&N
L??
D&,&/6&%X(28&#'
ZA%&N'N%)&'uL??'*/88/,"')&%'#2%"0',"'$%)2,"#')".'01%'M/8/0)&NB
(,M2)&%.'$/01'uH;'*/88/,"',"'2&/M)&N'%.-()0/,"B'1%)801')".
#)"/0)0/,"P'!".'N%0'3,A%&"M%"0#')&%')8$)N#'#)N/"3'01%N
1)A%"^0'3,0'%",-31'M,"%N'0,'+-".'01%#%'%##%"0/)8'#%&A/(%#P
R1%'2&/(%',+'<<'_C0%)801'*,M*%&#^'cu>;'*/88/,"d'$,-8.'(,A%&'01%
(,#0',+'+,-&'N%)&#',+'%8%M%"0)&N'%.-()0/,"'+,&'01%'<HX'*/88/,"
(1/8.&%"'$1,'.,'",0'3,'0,'#(1,,8a
Q1)0'.,'N,-')".'01%'2%,28%'N,-'4",$'01/"4n'!&%'&%#,-&(%#
*%/"3'./#0&/*-0%.'/"')'#%"#/*8%'$)Nn'7+'",0B'8%0'N,-&'%8%(0%.
&%2&%#%"0)0/A%#'4",$P'Q1%"%A%&'2%,28%')&3-%'01)0'01%&%'/#'",0
%",-31'M,"%N'+,&'#,(/)8'()-#%#B'N,-'()"'2,/"0'0,'01%'%",&F
M,-#')M,-"0'$)#0%.',"'$%)2,"#')".'#,8./%&#P'`)N*%'M,&%
(,-"0&/%#'#1,-8.'+,88,$'01%'%K)M28%',+'S,#0)'\/()')".'7(%8)".B
$1/(1'1)A%'",')&MN')0')88B'*-0'.,'",0'8/A%'/"'(,"#0)"0'+%)&',+
/"A)#/,"P'C,'+)&B'01,-31B',"8N'01%'2%,28%',+'C$/0D%&8)".'1)A%
*%%"')#4%.'$1%01%&'01%N'$)"0')"')&MNP'H?i'#)/.'",a
C,M%'2%,28%B'&/#4/"3'2&,#%(-0/,"B'&%+-#%'0,'2)N')'2&,2,&0/,"',+
01%/&'0)K%#B'*%()-#%'01%/&'(,"#(/%"(%#'.,'",0')88,$'01%M'0,
#-*#/./#%'01%'M/8/0)&NP
0)'1)&0;)+()&]*5"*F
$$$P3"P)2(P,&3P2%)(%28%.3%6
>'/&J'L&B)454$)/4&Q]H-TF
1002566$$$P"$0&((P,&36
\""+&V"$&R"@<4F
10025661,M%P%)&018/"4P"%06z+,,.",0*,M*#6
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
!&M#'.%)8%&#')".'M)"-+)(0-&%&#')&%
M)4/"3')'4/88/"3P
70'/#',+0%"')&3-%.'01)0'01%'&%#%)&(1')".
.%A%8,2M%"0',+'$%)2,"#'1)#'2,#/0/A%
0%(1",8,3/()8'_#2/"F,++#^'+,&'#,(/%0/%#P
:-0'$1)0'/"",A)0/,"#')".'*&%)4F
01&,-31#'(,-8.'*%'M).%'/+'01%'A)#0
)M,-"0#',+'M,"%N')".'1-3%'"-M*%&',+
%"3/"%%&#')".'#(/%"0/#0#'%"3)3%.'/"'01%
_.%+%"(%^'/".-#0&N'$%&%'2-0'0,')'(/A/8/)"
-#%B'#-(1')#'&%#%)&(1'/"0,'&%"%$)*8%
%"%&3N'#,-&(%#B'+,&'%K)M28%n
R1%#%')&%'#,M%',+'01%'&%)#,"#'$1N
(,"(%&"%.'(/0/D%"#'()M2)/3"')3)/"#0
01%')&M#'0&).%B'8,**N/"3'+,&'#0&/(0'/"0%&F
")0/,")8'(,"0&,8#',"'01%'#)8%',+'$%)2F
,"#'0,',22&%##/A%'&%3/M%#B')".'$/01'01%
-80/M)0%'3,)8',+'*)""/"3'01/#'0&).%'/"
.%)01')".'0,&0-&%')80,3%01%&P
e"%'",0)*8%'#-((%##'$)#'01%'C%%.#',+
Y,2%')(0/,"'/"'<JJIB'/"'$1/(1'+,-&
(,-&)3%,-#'$,M%"'./#)*8%.')'Y)$4
+/310%&'j%0'$/01'1)MM%&#B')".'$%&%
)(h-/00%.'*N')'(,-&0'/"':&/0)/"P'R1%
28)"%'$)#'*%/"3'#,8.'0,'7".,"%#/)B
$1/(1'1).'-#%.'Y)$4'j%0#'/"'01%'2)#0'0,
*,M*'01%'2%,28%',+'Z)#0'R/M,&B')"
/#8)".'/"A).%.'*N'7".,"%#/)'/"'<JGXB
#/"(%'$1%"')'01/&.',+'/0#'2,2-8)0/,"
1)A%'8,#0'01%/&'8/A%#P'C,'*N'2-00/"3'01%
28)"%',-0',+')(0/,"B'01%'$,M%"'$%&%
j-.3%.'0,'*%'2&%A%"0/"3')'M-(1'3&%)0%&
(&/M%P'R1/#'/#')",01%&'()#%',+'8)$'+/")88N
()0(1/"3'-2'$/01'j-#0/(%a
:@
:6'2'#"6%@5+&"6$
8)*$)/&."/&_).)*4)&9*."/C
@'$5"*5'$$$P(./P,&3
R/5$54%&-@)/51'*
H)1#/5$!& 9*."/@'$5"*
8"#*15;&QR-H98TF
$$$P*)#/(/"0P,&3
8'@:'5(*&-('5*4$&$%)&-/@4&J/'+)5
$$$P3"P)2(P,&36())06
D#/":)'*&V)$G"/A&-('5*4$&$%)&-/@4
J/'+)5' $$$P)"0%"")P"86%"))06
01/"3#'8/4%'0%)B'(,++%%B'(1,(,8)0%B'*)")")#B'(8,01%#y!N,-'()"
*%'#-&%&'01)0'01%'2%,28%'$1,'2&,.-(%.'01%M'1)A%'*%%"'2)/.')
+)/&'2&/(%P'g)/&'0&).%'+,,.')8#,'-#-)88N'0)#0%#'M-(1'*%00%&a
8;)'*&8;"$%)4&8'@:'5(*5'$$$P(8%)"(8,01%#P,&3
\'5/$/'+)& \"#*+'$5"*5' $$$P3"P)2(P,&36+)/&0&).%6
]*5$)+& H$#+)*$4& -('5*4$& HG)'$4%":45
$$$P-M/(1P%.-6z#,8%6-#)#6
J/'5+1/'.$5' $$$P0&)/.(&)+0P(,P-4
>"@)*& >"/A5*(& >"/;+G5+)5
$$$P2,20%8P,&3P-46$,M%"F$$6
W(X"<&&%STTT
7"':/*8/()8'0&)./0/,"B'%A%&N'X?'N%)&#'01%&%'$,-8.'*%')'_j-*/8%%^
$1%&%'.%*0#'$%&%'()"(%88%.')".'#8)A%#'#%0'+&%%P'3#<5;))&6NNN
/#')"'/"0%&")0/,")8'()M2)/3"'+,&'01%'()"(%88)0/,"',+'-"2)N)*8%
.%*0#',$%.'*N'01%'$,&8.^#'2,,&%#0'(,-"0&/%#'0,',01%&'3,A%&"F
M%"0#B'01%'7"0%&")0/,")8'`,"%0)&N'g-".B'Q,&8.':)"4')".
(,MM%&(/)8'8%".%&#P'R1%#%')&%'.%*0#'01)0')&%'/M2,##/*8%'0,
2)N'*)(4B',&'/M2,##/*8%'$/01,-0')"'-")((%20)*8%'1-M)"'(,#0P
I."'72&+;)/'-9'.)&+-*3b''8%$="'7"&'!$+)-/&<'U"/"D$
-#$"6.<%"/7&'#4&/#
R1/"4')*,-0'01%'&%8)0/,"#1/2#'*%0$%%"
2,A%&0N')".'$)&B'M,"%N')".'$)&P'o,
N,-&'2)&%"0#B'+&/%".#B'#(1,,8B'3,A%&"F
M%"0B'&%8/3/,-#'/"#0/0-0/,"B'%0(P'1)A%')"
%01/()8'/"A%#0M%"0'2,8/(Nn'R1)0'/#B'.,
01%N'&%+-#%'0,'/"A%#0'/"'(,M2)"/%#',&
*)"4#'01)0'2&,.-(%',&'.%)8'/"')&M#B
.)M)3%'01%'%"A/&,"M%"0B'1)A%')'2,,&
&%(,&.',"'$,&4%&#^'&/310#')".'(,"./F
0/,"#PPP'e"(%'01%N'4",$'01%'+)(0#B'_(,"F
#-M%&#^'1)A%'3&%)0'2,0%"0/)8'0,'/"+8-F
%"(%'01%'2,$%&+-8'(,M2)"/%#'01)0'28)N
#-(1')'.%(/#/A%'&,8%'/"'$,&8.')++)/&#P
D$%51';& 9*?)4$@)*$& 8"":)/'$5?)F
$$$P3"P)2(P,&36%/(6
D$%51';&8"*4#@)/F
$$$P%01/()8(,"#-M%&P,&3
&&&&&&&&&&&&&&8"#*15;&"*&D1"*"@51&0/5"/5$5)4F
$$$P(%2"N(P,&36
1."+%#+.2&
g)/&"%##'/#'",0')'+%)0-&%',+'M)/"#0&%)M
/"0%&")0/,")8'0&).%P'S,&2,&)0/,"#'$1,#%
,"8N'/"0%&%#0'/#'#1,&0F0%&M'2&,+/0#')&%'01%
"%$'(,8,"/)8'2,$%&#B'$/01')22)88/"3
&%(,&.#',"'%"A/&,"M%"0)8'.%3&).)0/,"B
M,",2,8/#0/('2&)(0/(%#')".'01%'%K28,/0)F
0/,"',+'$,&4%&#')".'2&,.-(%&#P'7+'N,*-N'+)/&8N'0&).%.'3,,.#!$1/(1'M/310'*%
:!
S&%./0,&#')#'$%88')#'.%*0,&#'M-#0')((%20'&%#2,"#/*/8/0N'+,&
01%#%'1/31'8%A%8#',+'/".%*0%."%##P'o%M,(&)0/(')".')((,-"0F
)*8%'*,./%#'/"'/".%*0%.'(,-"0&/%#B'0,3%01%&'$/01'/M2)&0/)8'TU
&%2&%#%"0)0/A%#B'#1,-8.'#%0'01%'(,"./0/,"#'+,&'.%*0'()"(%88)0/,"
V)".'01%'M,"/0,&/"3',+'1,$'01%'M,"%N'&%8%)#%.'/#'-#%.P
3#<5;))& 6NNN5' $$$Pj-*/8%%>???-4P,&3
?#+(6#(+.<%>2I('#4&/#%F+*8+.44&'
7"0%&")0/,")8'8,)"#'0,'.%A%8,2/"3'(,-"0&/%#'(,M%'$/01'#0&/"3#
)00)(1%.B'.%#/3"%.'0,'/M2,#%'%(,",M/('(,"./0/,"#'/"'01%
/"0%&%#0#')".',"'01%'0%&M#',+'&/(1'(,&2,&)0/,"#')".'(,-"0&/%#P
R1%'(,"#%h-%"(%#')&%',+0%"'./#)#0&,-#'+,&'01%'2%,28%',+
/".%*0%.'(,-"0&/%#B')".'#%&A%'0,'/"(&%)#%'2,A%&0N')".'#-++%&F
/"3P
RN2/()8'&%h-/&%M%"0#')&%5
• 9&/A)0/D)0/,"',+'%"0%&2&/#%#')".'#%&A/(%#'#-(1')#'*)"4#B
/".-#0&/%#B'0&)"#2,&0'#N#0%M#B'#(1,,8#B'1,#2/0)8#B'%8%(0&/(/0NB')".
%A%"'A/0)8'&%#,-&(%#'8/4%'$)0%&P'!#')'&%#-80B'2&/(%#'+,&'01%#%
/"A)&/)*8N'3,'-2P
"#$%&"'&()'*#+,&-(./
:6'2'#"6%@5+&"6$
• 9&,.-(0/,"',+'M,&%'%K2,&0'(&,2#B'*&/"3/"3'2&/(%#'.,$"B
M)4/"3'8%##'8)".')A)/8)*8%'+,&'+,,.'(&,2#'+,&'.,M%#0/('(,"F
#-M20/,"B'*-/8./"3'.)"3%&,-#'&%8/)"(%#',"'M,",(-80-&%#P
• o%A)8-)0/,"',+'01%'")0/,")8'(-&&%"(NB'M)4/"3'%K2,&0#
(1%)2%&')".'/M2,&0#'M,&%'%K2%"#/A%P
• \%M,A)8',+'#0)0%'#-*#/./%#B'#-(1')#'01,#%',"'#0)28%'+,,.#
)".'0&)"#2,&0B'M)4/"3'01%M'-")++,&.)*8%'+,&'01%'2,,&P
• S-0#'/"'2-*8/('%K2%"./0-&%'#-(1')#'1%)801B'%.-()0/,"')".
#,(/)8'$%8+)&%'*-.3%0#B')++%(0/"3'01%'+-0-&%',+'M/88/,"#',+'2%,F
28%P
7"'=/M*)*$%B'#/"(%'01%'*%3/""/"3',+')'C0&-(0-&)8'!.j-#0M%"0
9&,3&)MM%'/"'<JJ?B'#2%"./"3',"'1%)801()&%'1)#'+)88%"'*N
H?iP'7"'M)"N'(,-"0&/%#',+'01%'$,&8.B'/"+)"0'M,&0)8/0N'1)#'&/#%"
/"'&%(%"0'N%)&#B')".'./#%)#%#'01,-310'0,'1)A%'*%%"'%&)./()0%.B
/"(8-./"3'0-*%&(-8,#/#')".'N%88,$'+%A%&B')&%'M)4/"3')'(,M%F
*)(4P
Q1%"')((%##'0,'%.-()0/,"'/#'&%#0&/(0%.B'/0'/#'-#-)88N'3/&8#'01)0
#-++%&'+/�B'*%()-#%'01%'%.-()0/,"',+'*,N#'/#'#%%"')#')'2&/,&/0NP
7"'`,D)M*/h-%B'-"/A%&#)8'2&/M)&N'%.-()0/,"'1)#'*%%"'.%8)N%.
-"0/8'>?<?'*%()-#%',+'.%*0'#%&A/(%P
$*8&C)R#?*&5J#N554%+C)#*O#L7'NA,#1/2'/%#$$%+0%3.+(%34,/3./'5
K*&MA:*E#*8954+)
!"#$%&'()"*+,(-.(/"01.(#$2&(#$.(3.20(#$2#("&.($2,('%4.&
*5(#""(1""&(2&,(+.3#("&.(*&.65.&,.,(.33"0#(#$2#(7%'$#
$24.(124.,(#$.(/"0+,8
1$/"'F77$G&<'9-2/7"*'-9'+."'Z-G"/J&'V/+"*/$+)-/$%'^"$(2"'9-*'8"$="'$/7'K*""7-G
[)"%'!..)M#B'$1,'1%82%.'*&/"3'01%'A,/(%',+'$,M%"'0,'01%'+/�
Y)3-%'2%)(%'(,"+%&%"(%B'$)#')$)&.%.'01%'U,*%8'9%)(%'9&/D%
/"'<JH<B'01%'#)M%'N%)&')#'#1%'$)#'.%(8)&%.'p01%'M,#0
.)"3%&,-#'$,M)"'/"'!M%&/()q'*N'01%'g:7a
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
3')-/$4+5%4+%6'#$$/'7%$"'
!-1/8%91#8'%:15#+4;#$4-+
!"#!%&&)99#':%4W
9&+"*^$&;5A)&G"/A5*(&';;&+'!&$"&1"*4#@)
';;&G))A)*+=&9&%'$)&5$&$%'$&hNNINNN
:)":;)&1'*^$&()$&.""+I&1;"$%5*(&'*+
4%);$)/&G%5;)&:;#@:&-@)/51'*4&+/5?)&$"
$%)&@';;&$"&1%'4)&+"G*&$%)5/&;'$)4$
1"@@"+5$!&.)$54%=&UiI&;)$4&M#4$&4'!&9^?)
%'+&5$&G5$%&1':5$';54@=&D4:)15';;!&$"+'!^4
(/"G$%C+):)*+)*$& ?)/45"*& G%"4)
#*5."/@&:":#;'/5$!&'@"*(4$&(;"<';
)1"*"@51&:"G)/4&54&$'A)*&'4&:/"".&".&5$4
/5(%$)"#4*)44=&J%54&54&:)/%':4&$%)
4"#/1)&".&$%)&(;))&9&.);$&G5$%&4"@)
7NINNN&:'/$*)/4&5*&/)454$'*1)&5*&V"?)@C
<)/&7XXX&G%)*&'&<#*1%&".&15$5K)*4
$#/*)+&$%)&4$/))$4&".&+"G*$"G*&H)'$$;)
5*$"&'&1'/*5?';&".&/)454$'*1)I&1/)'$5*(&'
.5'41"&".&(;"<';&:/":"/$5"*4===
7'$)#'*,&"')"'!M%&/()"B')".'1)A%B'+&,M
)'38,*)8'2%%(0/A%B'A%&N'8/008%'0,'(,MF
28)/"')*,-0P'R1%'&/,0'(,2#'/"'C%)008%
$%&%'*%00%&'*%1)A%.'01)"'/"'R/)")"M%"
Ch-)&%'0%"'N%)&#'%)&8/%&B')".'7'.,'",0
1)A%'0,'%4%',-0')'2&%()&/,-#'%K/#0%"(%
,"')'M,-"0)/"'(,++%%'28)"0)0/,"P'7')M')
N,-"3'2%&#,"'*,&"'/"0,'01%'*%88N',+'01%
*%)#0B'3&-M2N')*,-0'38,*)8'1,M,3%"/F
D)0/,"B')".'3&/22%.'$/01'&%A-8#/,"')0'01%
*8,)0%.'$%)801')".'$)#0%',+')"'!M%&/F
()"'#,(/%0N'$1/22%.'/"0,')'(,"#-M%&/#0
+&%"DN'*N'*/88/,"#',+'.,88)&#',+').A%&0/#F
/"3P'7')M'%#2%(/)88N'#/(4%"%.'*N'01%
2)&)#/0/('&%8)0/,"#1/2'7^A%'/"1%&/0%.'A/#F{F
A/#'01%'_.%A%8,2/"3^'$,&8.')".'01%'$,&4F
/"3'(8)##'/"'01%'Q%#0P'`N'+&/%".#')".'7
$%&%'2)&)8N#%.'*N'01%'#()8%',+'01%
%K28,/0)0/,"!-"0/8'$%'*%()M%')(F
h-)/"0%.'$/01'01%'Q,&8.'R&).%'e&3)"/F
D)0/,"'cQRedP'T2,"'/"#2%(0/,"B'$%
./#(,A%&%.')"'/"#0/0-0/,"'$1/(1'&%2&%F
#%"0#'01%'#-*,&./")0/,"',+'1-M)"/0N'0,
(,&2,&)0%'/"0%&%#0#')".'01%'(,./+/()0/,"
,+'%K/#0/"3'2,$%&'&%8)0/,"#1/2#'*%0$%%"
)".'$/01/"'#,(/%0/%#B'%K28/(/08N'.%./()0%.
0,'%(,",M/('%K2)"#/,"'$1/(1'+%$'()"
.%"N'/#'.%#0&,N/"3'01%'28)"%0P
70'$)#')'#-""N'.)N'/"'[-"%B')".'7'$)#
(1/88/"3'$/01'MN'+&/%".#')+0%&'$,&4',"'01%
01/&.'+8,,&',+'S/A/('!2)&0M%"0#B'9,&08)".B
e&%3,"P'Q%'$%&%'./#(-##/"3'01%'!&0
)".'\%A,8-0/,"'\,).'C1,$V)'3&,-2',+
:0
:6'2'#"6%@5+&"6$
)&0/#0#'$1,'$%&%'2-*8/(/D/"3'01%
-2(,M/"3'QRe'M%%0/"3#')".'%"(,-&F
)3/"3'2%,28%'0,'(,"0)(0'01%'o/&%(0
!(0/,"'U%0$,&4P'T"0/8'01%"B'","%',+'-#
(,-8.'/M)3/"%')"N,"%'0-&"/"3'-2'0,
*,N(,00'0%(1",(&)0#'*%#/.%#'01%'+)M/8/)&
0/&%.'1)".+-8',+'8,()8')(0/A/#0#P
eA%&'01%'"%K0'+%$'M,"01#B')+0%&'$,&4')".')0'$%%4%".#B'$%'3,0
.,$"'0,'01%'*-#/"%##',+'./##%M/")0/"3'.)"3%&,-#'2&,2)3)".)
/"0,'01%'-&*)"'(%"0%&P'V,-'#%%B')'(1%)2'+,&M',+'%"0%&0)/"M%"0
)M,"3',-&'+&/%".#'/#'01%'(&)+0/"3',+'*8)(4')".'$1/0%'#0/(4%&#
$/01')'K%&,K'M)(1/"%'cX|')'2)3%d')".'#,M%'#0/(4%&'2)2%&'cX?|
)'#1%%0d'$1/8%'.&/"4/"3'(1%)2'M)80'8/h-,&'cu>P>?'6';?',DPd'R1/#
3%"%&)88N'2&,A/.%#')'3,,.')+0%&",,"',&'%A%"/"3^#'$,&01',+'+-"B
)".'8%)A%#'-#'$/01')'2/8%',+'#0/(4%&#',+'$1)0%A%&'0/(48%.',-&
+)"(NV-#-)88N'-".%&3&,-".'&)2'#0)&#B'_N,-&'M,MM)^'j,4%#B
%0(P'R1/#'0/M%'/0'$,-8.'*%'./++%&%"0y)'()M2)/3"',+'#-*A%&#/A%
)"0/FQRe'#0/(4%&#'+%)0-&/"3'M)"/2-8)0%.'/M)3%#',+'`)&KB')
#)8M,"B')'&%3/,")8'1/2F1,2'/(,"B')".'8,3,#'2-*8/(/D/"3'01%
_+%#0/A)8',+'&%#/#0)"(%')3)/"#0'(,&2,&)0%'()2/0)8/#M^B'#0/88'#%A%&)8
M,"01#')$)NP'g,&'01%'"%K0'+%$'$%%4#B'$%'()&&/%.'01%M',"',-&
$)N'0,'$,&4B',"'01%'*-#B'/"'8%00%&#'0,',-&'+&/%".#B'2-0'2/8%#'/"
&%(,&.')".'*,,4#0,&%#B'M%&&/8N'#0/(4/"3')$)NP
R1%'&,).#1,$B'1,$%A%&B'$)#'8%##')
#%&M,"')".'M,&%')'#0)3%'M-#/()8
)*,-0'01%'1-M)"')".'%"A/&,"M%"0)8
%K28,/0)0/,"'&%#-80/"3'+&,M'01%'+&%%'0&).%
&%3/M%P'70'M).%'1/#0,&/()8'(,""%(0/,"#
0,'01%'Z-&,2%)"'(,"h-%#0',+'01%'!M%&/F
()#B'#8)A%&NB'2,88-0/,"B'0&)++/('j)M#B'$1/8%
$1/0%'3/&8#'$/01'.&%).8,(4#'#2)"')*,-0
$/01'1-3%'1%&,"'2-22%0#')".'()&.*,)&.
(-0,-0#P'm%&N'./++%&%"0'+&,M'01%'+8N%&F
)".F28)()&.'#N#0%M',+'2,8/0/()8'2&,0%#0B
+)M/8/)&'+,&'1-".&%.#',+'N%)&#P'R1%
&,).#1,$'/"0&,.-(%.')",01%&' /"",A)0/A%
(,"(%20',+',&3)"/D)0/,"5'01%')++/"/0N
3&,-2P'R1%'2&,0%#0#'$%&%'0,'*%')8M,#0
(,M28%0%8N'.%(%"0&)8/D%.P'7"./A/.-)8#
$,-8.'+,&M'/".%2%".%"0'3&,-2#'.&)$"
+&,M'01%/&'+&/%".#B'$,&428)(%B'#%$/"3
(/&(8%B'&%8)0/A%#B'"%/31*,&1,,.#'%0(PB
-"/0%.'*N'01%/&'(,MM,"')/M',+'#1-00/"3
.,$"'01%'QRe'M%%0/"3#'/"'C%)008%P
Q1)0%A%&'01%'*)#/#',+')++/"/0NB'/0'$)#
/M2,&0)"0'01)0'01%'3&,-2'#1,-8.'0)4%
()&%',+',"%')",01%&B')".'(,M%'-2'$/01
01%/&',$"'0,,8#',+'2&,0%#0P'R1%'3&,-2#
$%&%'./&%(08N'.%M,(&)0/('A,8-"0)&N'(,F
,2%&)0/A%#B'M%)"0'0,'#%&A%')#')'M,.%8
+,&')'","F%K28,/0)0/A%'#,(/%0NP'!'3&,-2
(,-8.'.%(/.%'0,'&/#4')&&%#0B'.&%##')#')"
%",&M,-#'3%"%0/()88N'%"3/"%%&%.'M).
(,$B'+,&M')'M)&(1/"3'*)".B'M)4%')
*,,4B'$1)0'$)#'/M2,&0)"0'/#'01)0'01%N
$%&%'/"'(1)&3%',+'01%/&')(0/A/0/%#'01%MF
#%8A%#')".'_()2/0)8/D%.^'-2,"'01%/&
/"./A/.-)8'#0&%"301#P'R1%'\)./()8'@%,3F
&)21%&#',+'01%'T"/A%&#/0N',+'Q)#1/"3F
0,"B'+,&'%K)M28%B'(&%)0%.'.%0)/8%.'M)2#
,+'01%'(,"A%"0/,"'#/0%')".'8/4%8N'2,8/(%
*)&&/().%#P'R1%',*j%(0/A%5'+/".'N,-&
0)8%"0#')".'01&,$'01%M'/"0,'01%'3&/"./"3
3%)&#',+'(,&2,&)0%'%K28,/0)0/,"P
:N'01%'0/M%'U,A%M*%&'&,88%.
)&,-".B',-&'2&,j%(0#'/"(&%)#%.
/"'(,M28%K/0NB')".',-&'&)"4#
#$%88%.'0,'IF<?P'Q%'M).%'RF
#1/&0#'2&,M/#/"3'0,'_.)"(%'$/01
3&%)0'M%&&/M%"0')0'01%'.%)01',+
N,-&'/"#0/0-0/,"#^P'!'&)./,').
$)#'&%(,&.%.'-&3/"3'01%'N,-01
,+'9,&08)".'0,'_3%0',-&')(0
0,3%01%&',&'3%0'&-"',A%&'/"'01%
><!"'S%"0-&N^'$1/(1'&)"',"
9,&08)".'C0)0%'T"/A%&#/0N'&)./,P
e-&')-0,",MN'$)#')'*8%##/"3
)#'$%'(,-8.'28)"',-&',$"
M%%0/"3#B'1)"3',-0'$/01',-&
,$"'+&/%".#B')".',2%&)0%'$/01
,-&',$"'#0N8%B'4",$/"3'01)0')88
,A%&'01%'(/0N',01%&#'$%&%
2-00/"3'0,3%01%&'%h-)88N'/MF
2&%##/A%'28)"#P'Q%',(()#/,"F
)88N'(1%(4%.'01%'o/&%(0'!(0/,"
U*"('U)%G$/<'!"#$"%&'()*"'+
!"#$%&'(')&#'$*&"+,&$-".&/0"#$1222
U%0$,&4'$%*#/0%'+,&')&0/(8%#
)*,-0'01%'QRe'0,'#1)&2%"',-&
)&3-M%"0#')".'*&/"3'M,&%'(,M&).%#'/"0,'01%'+,8.P'R1%',A%&)88
28)"'$)#'0,'*&/"3'01%'QRe'M%%0/"3#'0,')'3&/"./"3'1)80'*N'","F
A/,8%"08N',((-2N/"3')88'01%'/"0%&#%(0/,"#'#-&&,-"./"3'01%'(,"F
A%"0/,"'(%"0%&P'R,'+,/8'01%'2,8/(%B'M)"N')++/"/0N'3&,-2#'$,-8.
1)".(-++'01%M#%8A%#'0,3%01%&',&'0,'*/0#',+'+%"(/"3P':%+,&%
.&/A/"3'0,'C%)008%B'$%'#2&)N2)/"0%.',-&'*%.#1%%0#B'#0&-"3
*%0$%%"'0%"0'2,8%#B'$/01'#8,3)"#',+'_J%)&B)?";#$5"*&G5;;&*"$&<)
8"@@"+5.5)+^B')".'j,#@'*&V))+I&*"$&a;"<';&a/))+^')#'$%88')#
,"%'$/01')'"/(%'3&)++/0/'Z)&01a'!".'$%'$%&%'28%)#%.P
R,'01/#'%".B'01%'01&%%',+'-#'+,-".%.'01%
S/A/('o%+%"#%'CN"./()0%P'_S/A/(^')+0%&
01%')2)&0M%"0B'_o%+%"#%^'*%()-#%'$%
$%&%'.%+%"./"3'#,(/%0NB')".'_CN"./()0%^
*%()-#%'/0'#,-".%.'0,-31B'8/4%'01%
M)+/)B',&'7(%FR^#'\1NM%'CN"./()0%P
V,-'(,-8.'#M%88'&%A,8-0/,"'/"'01%'_(,"A%&3%"(%')&%)^'/"
C%)008%V)'(,"A%&0%.'$)&%1,-#%'$1%&%')(0/A/#0#'+&,M'3&%)0
./#0)"(%#'M%0'0,'#(1%M%')".'28,0B'%)0'+&%%'A%3)"'M%)8#B'1,8.
","FA/,8%"(%'$,&4#1,2#B')".'#1)&%'/"+,&M)0/,"P'!++/"/0N'3&,-2#
/"'C%)008%'./.')"')M)D/"3'j,*',&3)"/D/"3'$)&%1,-#%#'+,&'#8%%2F
/"3B')"'/".%2%".%"0'","F(,MM%&(/)8'M%./)'(%"0%&B')".')
::
"#$%&"'&()'*#+,&-(./
:6'2'#"6%@5+&"6$
M/88/,"',01%&'A/0)8'01/"3#P'e-&'3&,-2')((-M-8)0%.')'+%$'M,&%
M%M*%&#B')".'01%'"/310'*%+,&%'01%'M%%0/"3'$%'$%&%'<H'/"')
#,M%$1)0',A%&$1%8M%.'+&/%".',+')'+&/%".^#')2)&0M%"0P'Y-"F
.&%.#',+'_&%)8^'U@e#')".'-"/,"#'$%&%'/"'C%)008%'0,'1,8.')
#0%).N'#0&%)M',+'$,&4#1,2#B'8%(0-&%#B'M)&(1%#B'.%*)0%#',"
01%'38,*)8'%(,",MN')".'.%*0'&%8/%+P
e"'U,A%M*%&'H?'<JJJB'$%')$,4%'*%+,&%'#-"&/#%')".')##%MF
*8%.'$/01'01%'9,&08)".'#h-).&,"'*%+,&%'M)&(1/"3',++'/"0,'01%
.)&4"%##'0,$)&.#'01%'(,"A%"0/,"'(%"0%&P'Q%')&&/A%.')0',-&
/"0%&#%(0/,"B'0$%"0N',&'#,'2%,28%'_8,(4%.'.,$"^'0,',"%')",01%&B
)".'$%'#0,22%.'01%'#2)&#%'0&)++/('01)0'$)#',"'01%'#0&%%0#')0
X)MP'e-&'/"0%&#%(0/,"'1%8.B')".'$%'(,-8.'#%%'0%)&'3)#'A,88%N#
.,$"'01%'#0&%%0B')".'*N'J)M'$%'j,/"%.'01%'(&,$.'/"'+&,"0',+'01%
9)&)M,-"0'R1%)0&%'$1%&%'`).%8%/"%'!8*&/310'$)#'#-22,#%.'0,
1,#0',2%"/"3'(%&%M,"/%#P'R1%'#0&%%0#'$%&%'2)(4%.'$/01'.)"(F
/"3'.&-MM/"3'(1)"0/"3'2%,28%')".'2-22%0#',+')88')3%#')".
(,8,&#P'!'A)"'*%8,"3/"3'0,'2&,0%#0%&#'$)#'*8)&/"3'0%(1",'M-#/(
)".')8%&0/"3'(&,$.#'0,'01%'2%&/,./(')22&,)(1',+'.%8%3)0%#
c/.%"0/+/%.'*N'01%/&'#-/0#dP'R1%'.%8%3)0%#'$%&%'#-&&,-".%.B
01,-31'",0'0,-(1%.B')".'(1)88%"3%.')#'0,'01%/&'M,0/A%#'+,&
)00%"./"3'01%'(,"+%&%"(%P'`,#0'0&/%.'0,'#1,A%'01&,-31'01%
(&,$.'+,&'#%A%&)8'M/"-0%#'*%+,&%'&%8%"0/"3')".'0-&"/"3'*)(4'0,
01%'(1%%&#',+'01%'2%,28%P'R1%')"",-"(%M%"0'()M%'A/)'01%
0%(1",'A)"'01)0'01%',2%"/"3'(%&%M,"/%#')".'01%'28)""%.
M,&"/"3'M%%0/"3#'1).'*%%"'()"(%88%.')".'%-21,&/)'&/228%.
01&,-31'01%')##%M*8%.'M)##%#P
R1%'%"0/&%'.)N'$)#')'*8-&',+'#-&&%)8'#(%"%#',+'2,8/(%')00)(4/"3
-")&M%.'2&,0%#0%&#'$/01'(1%M/()8'$%)2,"#'/"(8-./"3'2%22%&
#2&)N')".'0%)&'3)#B')".'+%%8/"3')'.%%2'#%"#%',+'2&/.%'/"'01%
2%,28%',((-2N/"3'01%'#0&%%0#P'9%,28%'$/01')'M%##)3%'+,&'01%
A/#/0/"3'.%8%3)0%#5'$%)&D'/$%&54&*"$&."/&4';)P'70#'&/310+-8'/"1)*/0F
)"0#'$%&%'#0)&0/"3'0,'&%(8)/M')".'#1)&%'01%/&'28)"%0')".'/0#
&%#,-&(%#P'Q%'1).'(,M%'M)#4%.'+)(%'0,'M)#4%.'+)(%'$/01
01,-#)".#',+'#0&)"3%&#'$1,'$%&%'%h-)88N'(,MM/00%.'0,'0)4/"3
01%'$,&8.'*)(4P'C,M%'!")&(1/#0#'.%#(&/*%'/0')#'01%'3&%%"
3&,$/"3'*%0$%%"'01%'(&)(4#'/"'01%'2)A%M%"0P'o,"^0'&%*%8'+,&
,01%&',22&%##%.'2%,28%P'\%*%8'+,&'N,-&#%8+B'/.%"0/+N'N,-&',$"
,22&%##,&#P'\%*%8'*%()-#%'/0^#'+-"B'0&-%B'#)0/#+N/"3B')".'#%KNP
9%&1)2#'N,-'()"^0'#)A%'01%'$,&8.'$/01')'#8,3)"'*-0'$%'./#(,AF
%&%.'N,-'()"'#0,2')'*-&%)-(&)0'$/01'N,-&'*,.N')#'$%88')#'2-0
)"'/"#0/0-0/,"',"'0&/)8P'@%0'2/##%.',++')".'3%0')'2&,j%(0P'7+'N,-^&%
",0'2/##%.',++B'&%).'-"0/8'N,-')&%P'7+'N,-'()"^0'+/".')'M)j,&
/"0%&")0/,")8'%(,",M/('/"#0/0-0/,"'/"')'"%/31*,&1,,.'"%)&'N,-B
/.%"0/+N'N,-&'8,()8'2&,*8%M#P'R1%&%_#'#0/88'28%"0N'0,'*%'.,"%P
_5/)1$&-1$5"*&V)$G"/AF
$$$P./&%(0)(0/,""%0$,&4P,&3
0)":;)4^&a;"<';&-1$5"*F'$$$P)32P,&36)32
J%5/+&>"/;+&V)$G"/AF'$$$P0$"#/.%P,&3P#3
a;"<';& DL1%'*()F' $$$P38,*)8%K(1)"3%P,&3
0""/&0)":;)^4&D1"*"@51&,#@'*&B5(%$4&8'@:'5(*F
$$$P8/*%&0N"%0P,&364$&-
E(5%M*#$"/8%D.5
!#'/0#'")M%'#-33%#0#B'01/#'/#',"%'.)N'/"
01%'N%)&'$1%&%'2%,28%'1)A%')'3&%)0
,22,&0-"/0N'",0'0,'*-N')"N01/"3'+,&')
(1)"3%P'7"#0%).B'%A%"0#')".')(0/A/0/%#
)&%',&3)"/D%.'0,'.&)$')00%"0/,"'0,'01%
(-80',+'#2%"./"3'01)0'/#'01&%)0%"/"3'0,
(,"#-M%'01%'$1,8%'$,&8.P'C,M%'3,'0,
#1,22/"3'(%"0&%#')".'3/A%')$)N'0/"#',+
*%)"#'8)*%88%.'_1)22/"%##^P'Q1N'",0
(,M%'-2'$/01'N,-&',$"'+-"'/.%)#'+,&
)(0/,"#'0,'#0/M-8)0%')80%&")0/A%'01/"4/"3
)*,-0' (,"#-M20/,"n
1002566).*-#0%&#P,&36()M2)/3"#6*".6
C/#&+/.#"*/.<%F**+%F&*)<&O'
J.4)."8/%,*+%-6*/*4"6
W('#"6&
W)-"(1%.')0'01%'Y)3-%'!22%)8'(,"+%&F
%"(%B'01/#'()M2)/3"'/#'8%.'*N'01%'2,,&B
-"%M28,N%.')".'1,M%8%##')".')88',+
01,#%'(,"(%&"%.'$/01'%(,",M/('j-#0/(%P
70'/#'(,MM/00%.'0,'*-/8./"3')"'/"0%&")F
0/,")8'M,A%M%"0'0,'%".'01%'A/,8%"(%',+
2,A%&0N'*N'&%(8)/M/"3'01%'*)#/('1-M)"
&/310#'0,'+,,.B'1,-#/"3B'1%)0B'$)0%&B
M%./()8'()&%B'%.-()0/,"')".'j,*#')0
8/A/"3'$)3%#'$/01'j-#0'(,"./0/,"#')#
3-)&)"0%%.'*N'01%'T"/A%&#)8'o%(8)&)F
0/,"',+'Y-M)"'\/310#P
@+:=&12%&."C(":#=F
!"" o,(-M%"0'%(,",M/('1-M)"'&/310#
A/,8)0/,"#'/"'N,-&'(,MM-"/0N
!""Y%82'0,'%".'01%'/#,8)0/,"',+'01%'2,,&
*N'*&/"3/"3'01%M'/"0,'./&%(0'&%8)0/,"#1/2
$/01'%)(1',01%&',"')"'/"0%&")0/,")8'8%A%8
!""7"A/0%'#2%)4%&#'+&,M'01%'S)M2)/3"'0,
#2%)4')0'-"/A%&#/0/%#B'0%)(1F/"#B'M%%0F
/"3#B'%0(P
!"" \%).'01%'$%*2)3%')".'#-*#(&/*%'0,
01%'8/#0F#%&A%',+'01%']%"#/"30,"'Q%8+)&%
\/310#'T"/,"')".'01%'S)M2)/3"'+,&
&%3-8)&'-2.)0%#')*,-0'01%'#0&-338%',+
01%'2,,&'/"'01%'TC!')".'0,'2)&0/(/2)0%'/"
./#(-##/,"#'*%0$%%"'01%'2,,&',"')"
/"0%&")0/,")8' 8%A%8
!"" 9)&0/(/2)0%'/"'01%'7"0%&")0/,")8'9,,&
9%,28%^#'C-MM/0'c>???d
g,&'01%'+-88')..&%##B'#%%'2)3%'X;P
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
:;
15*&5/$%'9%;$.6$
3#4$&'4&G'/4&<)(5*&5*&$%)&@5*+4&".&@)*I
:)'1)&';4"&<)(5*4&5*&"#/&@5*+4=&J%)
4'@)&4:)15)4&$%'$&5*?)*$)+&G'/&54
1':'<;)&".&5*?)*$5*(&:)'1)=&J%)&/)C
4:"*45<5;5$!&;5)4&G5$%&)'1%&"*)&".=
R1%'(-80-&%',+'2%)(%'/#')'(,"(%20'01)0'/"#2/&%#'01%'$,&4',+
/"./A/.-)8#B'3&,-2#B',&3)"/D)0/,"#')".'/"#0/0-0/,"#')&,-".'01%
$,&8.'$1,#%')(0/,"#'(,&&%#2,".'0,'01,#%',+'01%'T"/0%.'U)0/,"#
o%(8)&)0/,"')".'9&,3&)MM%',+'!(0/,"'+,&')'S-80-&%',+'9%)(%
c!6\ZC6XH6>;Hd5
B!MCEA'C"D)%%"'&+$+"G"/+'-/'D)-%"/="<'0?W?
0)'1)&54&'&4:5/5$I&'*+&*"$&'*&5*$);;)1$#';
'<4$/'1$5"*F&5$&54&;5.)I&*"$&'&$%)"/!=
M%).2'N2**)++<'0Wc@'X#$=)9)&+'$=+)D)&+<'BCFY
J%)/)&54&*"&G'!&$"&:)'1)I&:)'1)&54&$%)
>'!=
FT1T' O2&+"
-Y&+6"'&=%Q$.#%2*&'%.%J(<U
#(+&%*, %F&.6&%<**R%<"R&:
V,-')".')'3&,-2',+'N,-&
+%88,$'`)&0/)"#')&%'28)"F
"/"3')'0&/2'0,'Z)&01P'V,1)A%'.,"%'#,M%'&%#%)&(1
/"0,'8/+%'01%&%B')".'1)A/"3
1%)&.')*,-0'01%'V%)&'+,&')
S-80-&%',+'9%)(%B'N,-'$)"0'0,'+/".',-0
$1)0'01/#'M%)"#'/"'2&)(0/(%a'e"'01%
$)NB'N,-'#0,2'0,'1,8.')'M%%0/"3')0'01%
`7\'C2)(%'C0)0/,"B'/"',&.%&'0,'.%(/.%
01%'(&/0%&/)'+,&')'_(-80-&%',+'2%)(%P^'Q1)0
)&%'N,-&'(&/0%&/)n'Q1)0'A/#/*8%'#/3"#',+')
(-80-&%',+'2%)(%'$,-8.'N,-'%K2%(0'0,
#%%'/"'01%'#0&%%0B'/"'#(1,,8#B'%0(Pn
S,M2)&%'N,-&'8/#0'$/01',01%&'3&,-2#B
)".'(,M*/"%'%A%&N*,.N^#'/.%)#P'V,",$'1)A%')'2&)(0/()8'.%+/"/0/,"',+')
S-80-&%',+'9%)(%a
•
!"#$"%&'()'*&+!&'$,%("-,'&."!+$/(0
•
1"1$+/0+2#&'&!(0(3/!'4'1(!/+#
.&5&#(*3&0$
•
%&1*&!$')(%'+##',"3+0'%/-,$1
•
&6"+#/$7'2&$8&&0'8(3&0'4'3&0
•
.&3(!%+$/!' *+%$/!/*+$/(0
•
"0.&%1$+0./0-9'$(#&%+0!&'4
1(#/.+%/$7
•
*+%$/!/*+$(%7' !(33"0/!+$/(0' :' )%&&
)#(8'() /0)(%3+$/(0'4';0(8#&.-&
•
/0$&%0+$/(0+#'*&+!&'4'1&!"%/$7
!..&%##/"3'3,A%&"M%"0#B'(/A/8'#,(/%0NB')".'01%'T"/0%.'U)0/,"#
#N#0%MB'01%'@%"%&)8'!##%M*8N'1)#')##%&0%.'01)0'p9)&0"%/2#
*%0$%%"')".')M,"3'01%'A)&/,-#')(0,&#PPP'#1,-8.'*%'%"(,-&F
)3%.')".'#0&%"301%"%.'+,&')'38,*)8'M,A%M%"0'+,&')'(-80-&%',+
2%)(%Pq'70'()88#'+,&'01%'(&%)0/,"',+')'p3&)".')88/)"(%q',+'%K/#0/"3
M,A%M%"0#'0,'-"/0%')88'01,#%')8&%).N'$,&4/"3'+,&')#2%(0#',+'01%
(-80-&%',+'2%)(%P
R1/#'/#')'8,"3F0%&M'2&,(%##'01)0'$/88'*%'(,"0/"-%.'.-&/"3'01%
9*$)/*'$5"*';&_)1'+)&."/&'&8#;$#/)&".&0)'1)&'*+&V"*?5";)*1)
."/&$%)&8%5;+/)*&".&$%)&>"/;+&c>??<F>?<?dP
<=>6?:%8'@4+4$4-+
7"'2&,(8)/M/"3'01%'N%)&'>???')#'01%
7"0%&")0/,")8'V%)&'+,&'01%'S-80-&%',+
9%)(%B'01%'T"/0%.'U)0/,"#'@%"%&)8
!##%M*8N'.%+/"%.')'(-80-&%',+'2%)(%')#
01%'O===?';#)4I&'$$5$#+)4&'*+&<)%'?5"#/4
$%'$&/).;)1$&'*+&5*4:5/)&4"15';&5*$)/'1$5"*
'*+&4%'/5*(&<'4)+&"*&$%)&:/5*15:;)4&".
./))+"@I&M#4$51)&'*+&+)@"1/'1!I&';;
%#@'*&/5(%$4I&$";)/'*1)&'*+&4";5+'/5$!I
$%'$&/)M)1$&?5";)*1)&'*+&)*+)'?"#/&$"
:/)?)*$&1"*.;51$4&<!&$'1A;5*(&$%)5/&/""$
1'#4)4&$"&4";?)&:/"<;)@4&$%/"#(%
+5';"(#)&'*+&*)("$5'$5"*&'*+&$%'$
(#'/'*$))&$%)&.#;;&)L)/154)&".&';;&/5(%$4
'*+&$%)&@)'*4&$"&:'/$515:'$)&.#;;!&5*&$%)
+)?);":@)*$&:/"1)44&".&$%)5/&4"15)$!=P
:<
"#$%&"'&()'*#+,&-(./
15*&5/$%'9%;$.6$
J(<#(+&%"/%#$&%'&+7"6&%*, %)&.6&
R1%&%')&%'M)"N'M%)"#'*N'$1/(1'$%'()"'/"0&,.-(%')'(-80-&%',+
2%)(%P'70^#'/M2,&0)"0'0,')22%)8'",0',"8N'0,'&%)#,"B'*-0')8#,'0,
01%'#%"#%#B'%M,0/,"#B'(&%)0/A/0NP'!'M%##)3%',+'2%)(%'()"'*%
A%&N'%++%(0/A%8N'0&)"#M/00%.'01&,-31')&0B'M-#/(B'8/0%&)0-&%')".
.&)M)P'7"')../0/,"B'#-(1'(-80-&)8')(0/A/0/%#'()"'*%'01%&)2%-0/(5
/"'+)(0B'0%(1"/h-%#'#-(1')#'M-#/(B')&0')".'.&)M)'01%&)2/%#')&%
+&%h-%"08N'-#%.'/"'01%'&%1)*/8/0)0/,"',+'01,#%'$1,'1)A%'#-++%&%.
01%'1,&&,&#',+'$)&P'g,&'%K)M28%B'9%)(%FW/"4#'+&,M'C/%&&)
W%,"%'-#%'M-#/('0,'1%82'&%1)*/8/0)0%'+,&M%&'(1/8.'#,8./%&#B')".
)0'01%'#)M%'0/M%'#2&%).'01%/&'M%##)3%',+'2%)(%'0,'01%'$)&"F
0,&"'#,(/%0NP'cC%%'2)3%'>L'+,&'01%'9%)(%FW/"4#'#0,&NPd
F(/R'%>8."/'#%Q.+L
K(''".=
9-"4#B')")&(1/#0#')".
8/*%&)8#'3,0'0,3%01%&'/"
C0P'9%0%&#*-&3'/"'%)&8N
>???B'+,&')'./#(-##/,"
)*,-0'01%'$)&'/"
S1%(1"N)B')'#0&%%0
)(0/,"')".')"')"0/F$)&
(,"(%&0P
`,&%'+-"'01)"'j,/"/"3'01%
)&MNa
F&.6&%J$"<2%4('"6.<
9%)(%'S1/8.'7"0%&")0/,")8'1)#'*%%"'#0)3/"3'N,-01'M-#/()8#
#/"(%'*%+,&%'01%'+)88',+'01%':%&8/"'Q)88'c<JLJd')".'01%'%".',+
01%'S,8.'Q)&P'R1%',&/3/")8'9%)(%'S1/8.'M-#/()8')/M%.'0,'*-/8.
*&/.3%#'*%0$%%"'Z)#0')".'Q%#0B'$/01'(1/8.&%"')".'N,-01'+&,M
*,01'#/.%#',+'01%'*,&.%&'&%F$&/0/"3'01%/&',$"'#(&/20B'%K2&%##/"3
01%/&'1,2%#')".'$,&&/%#P'R1%'M-#/()8'&%)22%)&%.'/"'A)&/,-#
/"()&")0/,"#bZ)&01'S1/8.B'S/0N')0'9%)(%B'9%)(%'S1/8.'Y)*/F
0)0b01&,-31'01%'<JJ?#'*-0'","%',+'01%#%'1).'01%'#)M%'/M2)(0
)#'01%'\,M%,'t'[-8/%0'&,M)"(%',+'01%'C,A/%0F!M%&/()"'#1,$P
Y,$%A%&B')'"%$'A%&#/,"',+'01%'M-#/()8'$)#'$&/00%"')".'2%&F
+,&M%.'/"'1,",-&',+'01%'Y)3-%'!22%)8'+,&'9%)(%B')".'/0'/"(,&F
2,&)0%.'01%'M)j,&'2,#0F(,8.'$)&'(1)88%"3%#B'/"(8-./"3'01%'"%%.
0,'",$'*-/8.'*&/.3%#'*%0$%%"'01%'U,&01')".'01%'C,-01P
!0'01%'Y)3-%'(,"+%&%"(%'01%'M-#/()8'$)#'2%&+,&M%.'/"'Z"38/#1
*N'o-0(1'#(1,,8'#0-.%"0#P'e"%'&%)88N'3,0')'38/M2#%',+'1,$
2%)(%'M/310'(,M%'0,'01%'$,&8.B'01)0')'R,*/"'0)K'(,-8.'*%'8%A/%.
0,'%".'2,A%&0NB'01)0'01%'./#2-0%#'/"'])#1M/&B'SN2&-#B'Z)#0
R/M,&B'Q%#0%&"'C)1)&)'(,-8.'*%'#,8A%.'*N'01%'4/.#B')".'01)0
)"'Z"A/&,"M%"0)8'C%(-&/0N'S,-"(/8'(,-8.'*%'#%0'-2'0,'(,"#%&A%
)".'&%#0,&%'01%'")0-&)8'%"A/&,"M%"0',+',-&'28)"%0P
g,&')'(,2N',+'01%'Y)3-%'!22%)8'9%)(%'S1/8.'2)(4'cu>XdB
(,"0)(0'9%)(%'S1/8.'7"0%&")0/,")8'c#%%'(,"0)(0'8/#0',"'2)3%'XIdP
70''#1,$#'1,$'N,-'()"'#0)3%'N,-&',$"'9%)(%'S1/8.'M-#/()8a
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
7#32&
Q%')&%'(,"#0)"08N'*,M*)&.%.'$/01
/M)3%#')".'_M%##)3%#^'*N'01%'M)##
M%./)P':-0'$1)0'.,'$%'#%%')".'1%)&n
g,,0)3%')".'21,0,3&)21#',+'*,M*%.F
,-0'1,M%#k'.%).')".'$,-".%.k'01%
.%#2%&)0%'28/310',+'&%+-3%%#k'(1/8.&%"B
+/310/"3'+,&'01%/&'(,MM)".%&#',&'j-#0'+,&
#-&A/A)8P'\%2,&0#',+'(&/M%#'(,MM/00%.
*N',"%'3&,-2',+'2%,28%B'1-M)"'&/310#
)*-#%#')3)/"#0')",01%&P'!".'01)0^#'j-#0
01%'"%$#P'g,&'&%8)K)0/,"')".'%"0%&0)/"F
M%"0'$%'()"'(1,,#%'+&,M')'$1,8%')&&)N
,+'A/,8%"0')".'*8,,.N'+/8M#',&'$)&&/,&
A/.%,'3)M%#P'7#'01%&%'",0'%",-31
A/,8%"(%'/"'&%)8'8/+%'01)0'$%'()"^0'*%
#2)&%.'/0'/"',-&'8%/#-&%'0/M%n
R1%'M%./)'(,"0&/*-0%')'3&%)0'.%)8'0,'01%
(-80-&%',+'A/,8%"(%'$%'8/A%'/"B',+0%"
$/01,-0'-#'&%)8/D/"3P'70',+0%"'#%%M#')#'/+
)"'%A%"0'1)#"^0'1)22%"%.'/+'$%'1)A%"^0
#%%"'01%'2/(0-&%#',"'RmP'!".'1,$'M-(1
,+'$1)0'$%'#%%')".'1%)&'()"'$%'*%F
8/%A%')"N$)Nn'70'/#'A%&N'%)#N'0,'(-0')
2/%(%',+'+/8M',&')'#2%%(1'/"',&.%&'0,
M)4%')'#/0-)0/,"')22%)&'h-/0%'./++%&%"0P
Y,$',+0%"'.,'01%'M%./)'&%/"+,&(%
2&%j-./(%#')3)/"#0'2)&0/(-8)&'3&,-2#',+
2%,28%n'Q1)0'M)4%#')"'%A%"0'"%$#F
$,&01Nn'Q1N'.,"^0'$%'#%%'M,&%'(,A%&F
)3%',+'#-((%##+-8'2%)(%'/"/0/)0/A%#n
e"%'(,-8.'*%'+,&3/A%"'+,&'01/"4/"3'01)0
01%'$,&8.'$%&%'28)3-%.'%K(8-#/A%8N'*N
$)&')".'M/#%&NB'/+'01%'M)##'M%./)'$%&%
01%',"8N'#,-&(%',+'/"+,&M)0/,"P'70'()"'*%
A%&N'./#%M2,$%&/"3'0,'#%%',"8N'*8,,.F
#1%.')".'#-++%&/"3B'*-0'/+'01%'M%./)
3)A%'M,&%'0/M%')".'%"%&3N'0,'2,#/0/A%
#0%2#'*%/"3'0)4%"'0,',A%&(,M%')88'01%
0&)3%./%#'$%')&%'+)(%.'$/01B'2%,28%
$,-8.'*%'M,&%'/"#2/&%.'0,'j,/"')".'0,
/"/0/)0%'#-(1'%++,&0#'01%M#%8A%#a'W%).
*N'%K)M28%B'-#/"3'01%'M%./)'/M)3/")F
0/A%8N')".'2,#/0/A%8NP'9%)(%'/#')88')*,-0
(&%)0/A/0N')".'/"/0/)0/A%a
:=
15*&5/$%'9%;$.6$
• C0)&0'$&/0/"3')&0/(8%#')*,-0'N,-&')(F
0/,"#P'9-*8/#1'N,-&',$"'"%$#8%00%&',&
N,-01' M)3)D/"%P
• S,".-(0')'_M%./)'$)0(1^'/"'$1/(1'N,%K)M/"%'1,$'01%'M%./)'2,&0&)N#'(%&0)/"
3&,-2#P'S)88',&'$&/0%'0,'01%M'/+'N,",0/(%'01)0')'2)&0/(-8)&'3&,-2'/#'*%/"3
#0%&%,0N2%.',&'2,&0&)N%.'/"')"'/"+8)MF
M)0,&N'$)NP
• `)4%'N,-&',$"'M%./)P'S&%)0%'A/.%,#
+,&'*&,).()#0',"'8,()8'(1)""%8#P'!2F
2&,)(1'2-*8/('&)./,'#0)0/,"#'0,'(,F
2&,.-(%')'N,-01'2&,3&)M',"'/##-%#
&%8)0%.'0,'2%)(%B'N,-01'%M2,$%&M%"0
)".'#,(/)8'j-#0/(%P'C0)&0')'$%*#/0%
.%A,0%.'0,'N,-01')".'2%)(%'/"/0/)0/A%#P
\%#%)&(1'+,-".)0/,"#'$1/(1'+-".'01%#%
)".',01%&'0N2%#',+'N,-01'M%./)')((%##
/"/0/)0/A%#')".')228N'+,&'+-"./"3P
• 9&%##-&%'M%./)'3&,-2#'0,'2&,M,0%
2,#/0/A%'2,&0&)N)8#',+'N,-"3'2%,28%')".
",0'#%"#)0/,")8/D%'A/,8%"(%P'S&%)0%
N,-01F2&,.-(%.'A/.%,#'$1/(1'%K)M/"%
01%#%'/##-%#'+&,M')'&%)8/#0/(B'","F
#%"#)0/,")8'2,/"0',+'A/%$P'C/"(%'01%
A,/(%',+'N,-01'/#',+0%"'/3",&%.B'0&N'0,'3%0
01%#%'A/.%,#'*&,).()#0',"'8,()86()*8%
Rm'#0)0/,"#')".')0'%A%"0#')".'/"
#(1,,8#P
9&%##%'[%-"%B'+,&'%K)M28%B'/#')"')##,F
(/)0/,"'+,&'(,MM-"/()0/,"'.%A%8,2M%"0
)M,"3'N,-01'/"'S)M%&,,"P'R1%N'2-*F
8/#1'0$,'"%$#2)2%&#'&%3-8)&8N5'`)&3"#/C
*';&+)4&)*.'*$4B')'"%$2)2%&'+,&'(1/8F
.&%"'+&,M'GF<H'N%)&#B')".'`)&3"#/*';
+)4&M)#*)4B'+,&'N,-01'+&,M')3%.'<;
-2$)&.#P'9&%##%'[%-"%^#')/M#'/"(8-.%B
)M,"3' ,01%
• R,'(,"0&/*-0%'0,'")0/,")8')".'/"0%&")F
0/,")8'&%+8%(0/,"',"'(,MM-"/()0/,"
2&)(0/(%#B')".',"'N,-01'2)&0/(/2)0/,"'/"
1-M)"' .%A%8,2M%"0P
• R,'-#%'01%'2&%##')".'"%$'(,MM-"/F
()0/,"'0%(1",8,3/%#'0,'/"+,&MB'%.-()0%
)".'0&)/"'N,-"3'2%,28%B')".'0,'2&,M,0%
1-M)"'&/310#B'.%M,(&)(NB')'(-80-&%',+
2%)(%B')".',01%&'N,-01'/##-%#P
• R,'.%A%8,2')".'./#0&/*-0%'/"+,&M)F
0/,")8'#-22,&0'(,"(%&"/"3'#2%(/+/()88N
N,-01' 2&,*8%M#P
:>
=(:(.#$P262-4
9(.&+$*&24:24'
':C;&+*&12%&".1:L:153
<d'R,'%")*8%'2)&0/(/2)"0#'0,'(&%)0%')'A/#/,"',+'01%'+-0-&%
>d'R,'0,-(1'1%)&0#'*N'-#/"3'01%')&0#
Hd'R,'/.%"0/+N',*#0)(8%#'01)0'2&%A%"0'01%'2&,(%##',+'2%)(%
;d'R,'#1,$'01)0'01%'&%M,A)8',+'01%#%',*#0)(8%#'/#'2,##/*8%
Xd'R,'(,"A/"(%'01)0'%A%&N'/"./A/.-)8'()"'28)N'1/#61%&'2)&0
Id'R,'#-22,&0'*,"./"3',+'01%'2)&0/(/2)0/"3'N,-01'01&,-31'01%
%K(1)"3%',+'/.%)#
]%;.,:(1:+=&+*&12%&".1:L:15
9)&0/(/2)"0#')&%'&%h-%#0%.'0,'M/"38%'$/01'N,-01'+&,M',01%&
,&3)"/D)0/,"#')".'+,&M'3&,-2#',+'XF<?'2%,28%P'Z)(1'3&,-2
3)01%&#')&,-".'8)&3%B'(,8,-&%.'#1%%0#',+'2)2%&P'`)&4%&#B
2)/"0#')".'2)/"0*&-#1%#')&%'2&,A/.%.P'Q1/8%'()8M')".'2%)(%F
+-8'M-#/('/#'28)N%.'/"'01%'*)(43&,-".B'01%'+,88,$/"3'/"#0&-(0/,"#
)&%'3/A%"'0,'01%'3&,-2#5'p98%)#%'.%M,"#0&)0%'N,-&'A/#/,"',+')
$,&8.'/"'$1/(1'N,-'$,-8.'8/4%'0,'8/A%P'V,-'M)N'%/01%&'.&)$'N,-&
/.%)#',&'%K2&%##'01%M'/"'$&/0/"3Pq
!+0%&'H?'M/"-0%#',+'.&)$/"3')".'2)/"0/"3'01%'2)&0/(/2)"0#')&%
)#4%.'0,'&,0)0%')".'(1)"3%'01%/&'3&,-2#B'/"',&.%&'0,'#%%'$1)0
,01%&#'1)A%'2)/"0%.',&'$&/00%"B')".'M)N*%')..',&'(,MM%"0',"
01/#P'!+0%&')",01%&'>?'M/"-0%#')88'01%'#1%%0#')&%'j,/"%.'/"'01%
(%"0&%',+'01%'&,,MB')".')88'01%'2)&0/(/2)"0#'3)01%&')&,-".'01%/&
M-&)8#'/"')'(/&(8%'0,'#1)&%')88'01%'3&,-2#^'A/#/,"#',+'01%'+-0-&%P
R1%"'01%'+,88,$/"3'/"#0&-(0/,"#')&%'3/A%"5
p98%)#%'01/"4')*,-0')88'01%',*#0)(8%#'01)0')&%'2&%A%"0/"3'-#
+&,M'&%)8/#/"3'01%#%'A/#/,"#P'Q&/0%'%)(1',*#0)(8%',"',"%'#1%%0
,+'!;'2)2%&')".'2-0'01%#%',"'01%'M-&)8#Pq'o-&/"3'01/#'2)&0',+
01%')(0/A/0N'01%'M-#/('(1)"3%#'+&,M'()8M')".'2%)(%+-8'0,
)33&%##/A%')".'A/,8%"0P
g,&'01%'01/&.'2)&0B'01%'M-#/(')3)/"'*%(,M%#'()8M')".'2%)(%+-8P
!88'01%'2)&0/(/2)"0#'#0)".'/"')'(/&(8%')&,-".'01%'M-&)8#B')".'01%
+,88,$/"3'/"#0&-(0/,"#')&%'3/A%"5
pQ1)0'$%'$/88'.,'",$'/#'A%&N'h-/(4')".'$/88'#1,$'N,-'01)0'01%#%
,*#0)(8%#'()"'h-/0%'%)#/8N'*%'&%M,A%.'$/01'01%'2)&0/(/2)0/,"',+
%A%&N',"%',+'-#P'ZA%&N,"%'$/88'2/(4'-2',"%',+'01%#%',*#0)(8%#B
&%).'/0')8,-.')".'%K2&%##'01%'.%#/&%'0,')*,8/#1'/0P'g,&'%K)M28%5
r01%'/"#0&-(0,&'8/+0#'-2',"%',+'01%'#1%%0#s'_U,'M,&%'$)&#a^'R1%"
(&-M28%'/0')".'01&,$'/0'/"0,'01%'&-**/#1'*)3'01)0'/#'*%/"3
2)##%.' )&,-".Pq
e"%'*N',"%'%A%&N',*#0)(8%'/#'2/(4%.'-2')".'01&,$"')$)NP'!0
01%'%".B'01%'2%)(%'M-&)8#')&%')3)/"'&%A%)8%.P
"#$%&"'&()'*#+,&-(./
15*&5/$%'9%;$.6$
Q-24$:"#$RJSB$0&9*&2'4$,-.$&$1(+:(.#$-, $/#&0#I
R1%'N%)&'>???'1)#'*%%"'.%(8)&%.'01%'7"0%&")0/,")8'V%)&'+,&')
S-80-&%',+'9%)(%'*N'01%'T"/0%.'U)0/,"#P'7"')../0/,"B'01%'TU
@%"%&)8'!##%M*8N'1)#').,20%.')'&%#,8-0/,"'2&,(8)/M/"3'>??<F
>?<?'01%'7"0%&")0/,")8'o%().%'+,&')'S-80-&%',+'9%)(%')".
U,"A/,8%"(%'+,&'01%'S1/8.&%"',+'01%'Q,&8.P
R1%'T"/0%.'U)0/,"#'e+'V,-01'cTUeVd'g,-".)0/,"B'*)#%.'/"'01%
U%01%&8)".#B'/#')"')(0/A%'M%M*%&',+'01%'Y)3-%'!22%)8'+,&
9%)(%'7"0%&")0/,")8'S,MM/00%%B')".'/#'$,&4/"3'1)&.'0,$)&.#
/M28%M%"0/"3'01%'3,)8#',+'01%'Y)3-%'!3%".)'+,&'9%)(%')".
[-#0/(%P'g&,M'IF<I'`)N'<JJJ'01%'TUeV'g,-".)0/,"',&3)"/D%.
)'#%(,".'@8,*)8'V,-01'9%)(%'S,"+%&%"(%'/"',&.%&'0,'&%(,3F
"/D%'01%'8,()8'/"/0/)0/A%#',+'N,-"3'2%)(%*-/8.%&#B'0,')..&%##
01%/&'"%%.#')".'0,'(&%)0%')'38,*)8'"%0$,&4',+'N,-"3'2%,28%
#0&%"301%"/"3'8,()8'()2)(/0/%#'+,&'2%)(%P'!88'01%'2)&0/(/2)"0#
0,,4'2)&0'/"'01%'Y)3-%'(,"+%&%"(%B')".'(,MM/00%.'01%M#%8A%#
0,'%"3)3/"3'/"')'#%&/%#',+'2,#0F(,"+%&%"(%')(0/A/0/%#P
e"%',+'01%'M)/"'+,88,$F-2')(0/,"#'/#'01%'2&%#%"0'()M2)/3"'+,&
)'(-80-&%',+'2%)(%B'$1/(1'#0&/A%#'0,'2-0'/"0,'2&)(0/(%'01%'2&/"(/F
28%#',+'01%'Y)3-%'!3%".)'+,&'9%)(%')".'[-#0/(%')".
TUZCSe^#'`)"/+%#0,'>???P
R1%'M)/"',*j%(0/A%',+'01%'TUZCSe'`)"/+%#0,'>???'+,&')
(-80-&%',+'2%)(%')".'","A/,8%"(%'/#'0,'%"(,-&)3%'01%'*%8/%+
01)0')'(-80-&%',+'2%)(%'()"'(,"#0/0-0%')'(,MM,"'A/#/,"'+,&'01%
$1,8%'$,&8.'/"'01%'"%$'M/88%""/-MP':N'M%)"#',+'(,"#-80)0/,"
)".')(0/,"')&,-".'01%'#/K'2,/"0#',+'01%'TUZCSe'`)"/+%#0,
>???B'N,-01'+&,M')88')&,-".'01%'$,&8.')&%'%K2%(0%.'0,'+/".
(,MM,"'3&,-".B'01%&%*N'(,"#,8/.)0/"3'01%/&'%++,&0#'0,'*-/8.
2%)(%P
R1%'0%K0',+'01%'TUZCSe'`)"/+%#0,'>???'/#')#'+,88,$#5
9%)(%'/#'/"',-&'1)".#P
[,/"'01%'/"0%&")0/,")8'M,A%M%"0'+,&'2%)(%')".'","A/,8%"(%5
• :%()-#%'01%'N%)&'>???'M-#0'*%')'"%$'*%3/""/"3B')"',22,&F
0-"/0N'0,'0&)"#+,&Mb)88'0,3%01%&b01%'(-80-&%',+'$)&')".'A/,F
8%"(%'/"0,')'(-80-&%',+'2%)(%')".'","A/,8%"(%P
• :%()-#%'01/#'0&)"#+,&M)0/,"'.%M)".#'01%'2)&0/(/2)0/,"',+
%)(1')".'%A%&N',"%',+'-#B')".'M-#0',++%&'N,-"3'2%,28%')".
+-0-&%'3%"%&)0/,"#'01%'A)8-%#'01)0'()"'/"#2/&%'01%M'0,'#1)2%')
$,&8.'*)#%.',"'j-#0/(%B'#,8/.)&/0NB'8/*%&0NB'./3"/0NB'1)&M,"N')".
2&,#2%&/0N'+,&')88P
• :%()-#%'01%'(-80-&%',+'2%)(%'()"'-".%&2/"'#-#0)/")*8%
.%A%8,2M%"0B'%"A/&,"M%"0)8'2&,0%(0/,"')".'01%'$%88F*%/"3',+
%)(1' 2%&#,"P
• :%()-#%'7')M')$)&%',+'MN'#1)&%',+'&%#2,"#/*/8/0N'+,&'01%
+-0-&%',+'1-M)"/0NB'/"'2)&0/(-8)&'0,'01%'(1/8.&%"',+'0,.)N')".
0,M,&&,$P
7'9WZo@Z'7U'`V'o!7WV'W7gZB'7U'`V
g!`7WVB'`V'Qe\]B'`V'Se``TU7RVB
`V'SeTUR\V'!Uo'`V'\Z@7eUB'Re5
B6 W%;(%.1&"))&):*%6'\%#2%(0'01%'8/+%')".
./3"/0N',+'%)(1'1-M)"'*%/"3'$/01,-0
./#(&/M/")0/,"',&'2&%j-./(%P
E6 W%Q%.1&L:+)%=.%6'9&)(0/#%')(0/A%'","F
A/,8%"(%B'&%j%(0/"3'A/,8%"(%'/"')88'/0#
+,&M#5'21N#/()8B'#%K-)8B'2#N(1,8,3/()8B
%(,",M/(')".'#,(/)8B'%#2%(/)88N'0,$)&.#
01%'M,#0'.%2&/A%.'t'A-8"%&)*8%P
G6 R2",%&7:12&+12%,;6'C1)&%'MN'0/M%
)".'M)0%&/)8'&%#,-&(%#'/"')'#2/&/0',+
3%"%&,#/0N'0,'2-0')"'%".'0,'%K(8-#/,"B
/"j-#0/(%')".'2,8/0/()8')".'%(,",M/(
,22&%##/,"P
T6 O:;1%=&1+&$=>%,;1"=>6'o%+%".
+&%%.,M',+'%K2&%##/,"')".'(-80-&)8
./A%&#/0NB'3/A/"3'2&%+%&%"(%')8$)N#'0,
./)8,3-%')".'8/#0%"/"3'$/01,-0'%"3)3/"3
/"'+)")0/(/#MB'.%+)M)0/,"',&'&%j%(0/,"',+
,01%&#P
U6 -,%;%,L%&12%&()"=%16'9&,M,0%'(,"F
#-M%&'*%1)A/,-&'01)0'/#'&%#2,"#/*8%')".
.%A%8,2M%"0'2&)(0/(%#'01)0'&%#2%(0')88
+,&M#',+'8/+%')".'2&%#%&A%'01%'*)8)"(%
,+'")0-&%',"'01%'28)"%0P
^6 W%>:;.+L%,&;+):>",:156'S,"0&/*-0%'0,
01%'.%A%8,2M%"0',+'MN'(,MM-"/0NB'$/01
01%'+-88'2)&0/(/2)0/,"',+'$,M%"')".
&%#2%(0'+,&'.%M,(&)0/('2&/"(/28%#B'/"
,&.%&'0,'(&%)0%'0,3%01%&'"%$'+,&M#',+
#,8/.)&/0NP
R1%'TUeV'()M2)/3"'8/"4#'%)(1',+
01%#%'2,/"0#'$/01'#%A%&)8'(,"(&%0%
)(0/A/0/%#B'+&,M'$1/(1'N,-"3
2%)(%*-/8.%&#'()"'(1,,#%'01%'M,#0
#-/0)*8%',20/,"'+,&'01%/&',$"'(,-"0&N',&
&%3/,"P'S,MM-"/()0/,"'*%0$%%"'3&,-2#
/#'+)(/8/0)0%.'*N')"" %M)/8'8/#0F#%&A%5
-",NO%3&,-2#P(,MP' Y,$%A%&B' N,-"3
2%,28%'$/01,-0')((%##'0,'01%'7"0%&"%0
()"')8#,'2)&0/(/2)0%'*N'#%"./"3'01%/&
/"2-0'./&%(08N'0,'TUeV',&'*N',&3)"/D/"3
)(0/A/0/%#'0,'2&,M,0%'01%'()M2)/3"'/"
01%/&'(,-"0&/%#',&'&%3/,"#P
g,&'+-&01%&'/"+,&M)0/,"B'(,"0)(0'TUeV
c#%%'(,"0)(0'8/#0',"'2)3%'XIdP
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
:?
15*&5/$%'9%;$.6$
L4:#.4&:2-4&+$3&>6$-, $*#&0#
R1%&%')&%')'"-M*%&',+'.)N#'%A%&N'N%)&
01)0')&%',+'#2%(/)8'#/3"/+/()"(%'0,
2%,28%'/"0%&%#0%.'/"'2%)(%')".'j-#0/(%B
)".'01%N'()"'*%'(,MM%M,&)0%.'/"
M)"N'./++%&%"0'$)N#P'g,&'%K)M28%B'N,(,-8.',&3)"/D%')'#2%(/)8'A/3/8',&')
2/(4%0B')'#,8/.)&/0N')(0/,"B')'8%00%&F$&/0/"3
)(0/,"6()M2)/3"B')'.&)M)0/(
2%&+,&M)"(%B',&'$1)0%A%&'N,-'01/"4'/#
)22&,2&/)0%P'Y%&%'/#')'#%8%(0/,"',+'#-(1
.)N#'+,&'2%)(%5
`",1:=&O$12%,&K:=#&]"5'M)&4#'01%
*/&01.)N',+'01%'(/A/8'&/310#'8%).%&')".
2%)(%')(0/A/#0',"'BU&@"=$",5'<J>JB')".
1)#'*%%"'(%8%*&)0%.'#/"(%'<JL>P
C/"(%'<JL;'/"'01%'Z)#0%&"'1%M/#21%&%B
M$.)%",/9,%%&-".:*:.&]"5'1)#
(,MM%M,&)0%.'01%'TC'YN.&,3%"':,M*
0%#0',"'B&`",.2'<JX;')0':/4/"/'!0,88'/"
01%'`))88'7#8)".#B'$1/(1'4/88%.')'(&%$
M%M*%&',+')'[)2)"%#%'+/#1/"3'*,)0P
R1&%%'.)N#'8)0%&'01%'/#8)".#',+
\,"3%8)2')".'T0/&/4'$%&%'%A)(-)0%.B
)".'01%'2%,28%'$%&%'0&%)0%.')#'1-M)"
3-/"%)'2/3#'/"'"-(8%)&'%K2%&/M%"0)0/,"P
X=1%,="1:+=")&a+C%=b;&]"5
(,MM%M,&)0%#')'$,M%"^#'M)&(1'/"'01%
TC!'+,&'#-++&)3%')".')3)/"#0'(1/8.
8)*,-&',"'S&`",.2'<J?LP'R1%'.)N'$)#
+/�',*#%&A%.'/"'<J<?'*N'<??'#,(/)8/#0
$,M%"'+&,M'<G'(,-"0&/%#'/"
S,2%"1)3%"B' o%"M)&4P
X=1%,="1:+=")&<+=;.:%=1:+$;
\HQ%.1+,;b&]"5'$)#'+/�',*#%&A%.',"
BU&`"5'<JL>'*N'Z-&,2%)"
(,"#(/%"0/,-#',*j%(0,&#'0,'(,M2-8#,&N
M/8/0)&N'#%&A/(%B')#')'+,(-#'+,&
()M2)/3"/"3'+,&'01%'&/310'0,',*j%(0/,"B
)".'+,&'01%'#-22,&0',+',*j%(0,&#
%A%&N$1%&%P
!:,+;2:C"&]"5'*%3)"'/"'<J;L'$/01'01%
+,&M)8'(,MM%M,&)0/,"',+'01%')0,M/(
*,M*/"3',"'^&'$#$;1'<J;X',+
Y/&,#1/M)P'M"#";"P:&]"5
(,MM%M,&)0%#'01%'*,M*/"3',+
U)3)#)4/',"'c&'$#$;1'<J;XP
;A
R1%'X=1%,="1:+=")&]"5&+*&-%".%'1)#'*%%"'(%8%*&)0%.'#/"(%'/0#
.%(8)&)0/,"'*N'01%'TU'/"'<JL<'0,'M)&4'01%',2%"/"3',+'01%
&%3-8)&')""-)8'#%##/,"',+'01%'@%"%&)8'!##%M*8NB'$1/(1'+)88#',"
01%'12:,>&8$%;>"5&:=&R%(1%CH%,P'70'/#'0,'*%'_.%A,0%.'0,
(,MM%M,&)0/"3')".'#0&%"301%"/"3'01%'/.%)8#',+'2%)(%'*,01
$/01/"')".')M,"3')88'")0/,"#')".'2%,28%#P^
V=:1%>&M"1:+=;&]"5'1)#'*%%"'(%8%*&)0%.'#/"(%'<J;L')#'01%
)""/A%&#)&N',+'01%'(,M/"3'/"0,'+,&(%',+'01%'TU'S1)&0%&',"'ET
\.1+H%,'<J;XP'R1%'.)N')8#,'M)&4#'01%'*%3/""/"3',+
]:;",C"C%=1&a%%P&YET/GI&\.1+H%,ZB'$1/(1'$)#'()88%.'+,&'/"
01%'+/")8'.,(-M%"0',+'01%'g/�'TU'C2%(/)8'C%##/,"',"
o/#)&M)M%"0'/"'<JGLP'\=%&a+,)>&a%%P'c/"0%".%.'0,
%"(,-&)3%'2%,28%'0,'%#0)*8/#1'8/"4#'$/01'/"0%&")0/,")8'/##-%#
01&,-31'0)4/"3'-2',A%&#%)#'(,"(%&"#'/"'#(1,,8B'(1-&(1B
-"/A%&#/0NB'%0(Pd')".'01%'a%%P&+*&-,"5%,&*+,&a+,)>&-%".%')&%
*,01'.%+/"%.')#'01%'$%%4'/"'$1/(1'>;'e(0,*%&',((-&#P
V=:L%,;")&<2:)>,%=b;&]"5'(,MM%M,&)0%#'01%').,20/,"'*N'01%
TU',+'*,01'01%'o%(8)&)0/,"',+'01%'\/310#',+'01%'S1/8.',"'EI
M+L%CH%,'<JXJ')".'01%'S,"A%"0/,"',"'01%'\/310#',+'01%'S1/8.
,"'>?'U,A%M*%&'<JLJP
-,:;+=%,;&*+,&-%".%&]"5'$)#'.%#/3")0%.'/"'<JXI'*N'Q)&
\%#/#0%&#^'7"0%&")0/,")8'cQ\7d'_/"'1,",-&',+')88'01,#%'4",$"',&
-"4",$"'$1,')&%'/"'2&/#,"')#')'&%#-80',+'01%/&'&%+-#)8'0,
2)&0/(/2)0%'/"'01%')&M%.'+,&(%#',+'01%/&'(,-"0&/%#P^'R1%'.)0%',+'B
]%.%CH%,'(,"0/"-%.')'2&)(0/(%'*%3-"'/"'<JX?',+'%"(,-&)3/"3
01%'#/3"/"3',+'()&.#'0,'#%".'0,'(/A/8',&'M/8/0)&N'2&/#,"%&#'/"'0/M%
+,&'S1&/#0M)#P'70'$)#'",0'8,"3'*%+,&%',01%&#'/M2&/#,"%.
*%()-#%',+'","A/,8%"0')(0/,"')3)/"#0'"-(8%)&'$%)2,"#')".
,01%&'2&%2)&)0/,"#'+,&'$)&')8#,'*%3)"'0,')22%)&'/"'01%'1,",-&
&,88'2-*8/#1%.')""-)88N'*N'Q\7P
!$C"=&W:#21;&]"5'$)#'.%#/3")0%.'*N'01%'TU'/"'<JX?'0,
(,MM%M,&)0%'01%').,20/,"',"'BI&]%.%CH%,'<J;L',+'01%
T"/A%&#)8'o%(8)&)0/,"',+'Y-M)"'\/310#P
R1)"4#'0,'01%'Y,-#M)"#'9%)(%'o/)&N'+,&'.%0)/8#')*,-0'/"0%&")F
0/,")8' 2%)(%' .)N#P' R1%' Y,-#M)"#' 9%)(%' o/)&N' /#' )"' %K(%88%"0
0,,8'+,&'%A%&N'2%)(%')(0/A/#0P'U,0',"8N'.,%#'/0'(,"0)/"'#/3"/+/()"0
1/#0,&/()8'%A%"0#'&%8)0%.'0,'$)&')".'2%)(%'+,&')8M,#0'%A%&N'.)N
,+'01%'N%)&')".'01,-310F2&,A,4/"3'h-,0%#B'/0')8#,'1)#')'+)"0)#0/(
Q,&8.' 9%)(%' o/&%(0,&N' 8/#0/"3' ,A%&' >???' 2%)(%' ,&3)"/D)0/,"#
)&,-".'01%'$,&8.P'70'M)4%#')'3&%)0'S1&/#0M)#'2&%#%"0a
R,',&.%&'/0'/"'S)").)')".'01%'TC!5'U%$'C,(/%0N'9-*8/#1%&#B'9e
:,K' <LJB' @)*&/,8)' /#8)".B' :SB' m?\' <w?B' S)").)P' R%85' <FL??F
XIGFIGG>P' Q%*#/0%5' $$$P"%$#,(/%0NP(,M
g,&'./#0&/*-0/,"'/"'01%'&%#0',+'01%'$,&8.5'Y,-#M)"#B'X'S)8%.,"/)"
\,).B']/"3#'S&,##B'W,".,"'U<'JowB'T]P'0%85'E;;F>?FGLHGF;;GHB
+)K5' E;;F>?FG>GLF?;;;
"#$%&"'&()'*#+,&-(./
15*&5/$%'9%;$.6$
-<"4"/.#&%+.6".<L%&#$/"6L%+&<"8"*('L%./2%8&/2&+
"/#*<&+./6&
0/5+)&5*&"*)^4&1#;$#/)&54&+5..)/)*$&./"@&/'154@&'*+&5*$";)/'*1)=
9$^4&5@:"/$'*$&$"&.5*+&G'!4&$"&/)4:)1$&"*)&'*"$%)/^4&+5..)/)*1)4
G%5;)&'..5/@5*(&"#/&1#;$#/)=
• e&3)"/D%'%K(1)"3%#'*%0$%%"'2%,28%',+'./++%&%"0'%01"/(6
&)(/)86&%8/3/,-#'3&,-2#'$1%&%'01%&%'()"'*%'M%)"/"3+-8'./)F
8,3-%')".'8%)&"/"3P'T#%'(&%)0/A%'M%)"#'0,'%K2&%##'/.%"0/0N
)".'./A%&#/0NB'#-(1')#'(,88)*,&)0/"3',"'2%&+,&M)"(%'2/%(%#B
21,0,'%K1/*/0/,"#')".'M-#/(P'Y,8.'$,&4#1,2#',"'./A%&#/0NB
0,8%&)"(%')".'(,MM-"/0N'*-/8./"3'*%0$%%"'./++%&%"0'3&,-2#
)".'.%A%8,2'2&,j%(0#'0,3%01%&'01)0'$/88'%"1)"(%'-".%�)".F
/"3P
• C0)&0')'_(-80-&%'(8-*^'/"'N,-&'#(1,,8'01)0'2&,M,0%#'-".%&F
#0)"./"3')M,"3'./++%&%"0'&)(%#B'3%".%&#B',&/%"0)0/,"#B'&%8/F
3/,"#')".'%01"/(/0/%#P'e&3)"/D%')'_1)&M,"N'.)N^'$1%&%'./++%&F
%"0'3&,-2#'#1,$()#%'$1)0'01%N')&%'M,#0'2&,-.',+')".'./#F
(-##'/##-%#'$1/(1'/M2)(0'01%MP'o%A/#%')"')(0/,"'28)"'+,&
2&,M,0/"3'/"0%&3&,-2'&%8)0/,"#')".'$,&4'$/01'#0-.%"0'3&,-2#B
#(1,,8').M/"/#0&)0/,"')".'(,MM-"/0N',&3)"/D)0/,"#'0,'/M28%F
M%"0'/0P
• 7"0%&F3&,-2'+&/%".#1/2'8%00%&')".'*).3%'%K(1)"3%#'0,')++/&M
+&/%".#1/2')".'.%MN#0/+N'#0%&%,0N2%#P'R1/#'(,-8.'*%'()&&/%.
,-0')#')"'%K(1)"3%'2&,j%(0'/"A,8A/"3'0$,',&'M,&%'3&,-2#'$/01
2,0%"0/)8',&')8&%).N'%K/#0/"3'./++%&%"(%#P
• C/M28/+N')".6,&'0&)"#8)0%'01%'2&,A/#/,"#',+'01%'S,"A%"0/,"
,"'01%'Z8/M/")0/,"',+'\)(/)8'o/#(&/M/")0/,"')".'-#%'01%M'/"
#%M/")&#B'#(1,,8'M%%0/"3#')".'$,&4#1,2#P
• e&3)"/D%'8,()8',&'")0/,")8'+-".&)/#/"3'0,'%")*8%'M,&%'N,-"3
2%,28%'0,'2)&0/(/2)0%'/"'/"0%&")0/,")8'%A%"0#B'0,'8%".'01%/&
A,/(%#'0,'01,#%',+'01%/&',8.%&'(,-"0%&2)&0#'/"'/M2,&0)"0'M)00%&#
01)0'/"A)&/)*8N')++%(0'01%MP'R1%'+-".&)/#/"3'%A%"0'(,-8.'*%')
3)8)B')'8-"(1%,"B'&)++8%'.&)$',&'*,,4'8)-"(1P
F+*4*#&%.6#"7&%/*/7"*<&/6&
F"&:$26$32.#0:
&0:2-4G
2"#7%&94+#I)55)"
_o/&%(0'!(0/,"^'/#')'0%&M'$1/(1'/#',+0%"
M/#-".%�,,.P'70'1)#'01%'()(1%0',+
.&)M)0/('D%)8,0&NB'N%0'/"'%##%"(%B'/0'/#
,+0%"'h-/%0%&')".'M,&%'2,$%&+-8'01)"
01/#' #0%&%,0N2%P
R,')(0'./&%(08N'/#'0,')..&%##'01%')(0-)8
/##-%',+'N,-&'(,"(%&"P'7+'N,-^&%'$,&4/"3
)3)/"#0'1-"3%&B'/0^#'M/310'*%'#/M28N
3/A/"3'#,M%,"%')'M%)8P'7+'N,-^&%'$,&4F
/"3')3)/"#0'1,M%8%##"%##B'/0'M/310'*%
0)4/"3',A%&')"')*)".,"%.'1,-#%')".
M)4/"3'/0'8/A%)*8%P'7+'N,-'$)"0'0,'#0,2
M/8/0)&N'#2%"./"3B'/0'M/310'*%'&%+-#/"3'0,
2)N'N,-&'/"(,M%'0)K%#P
o/&%(0')(0/,"'./++%&#'+&,M'#NM*,8/(
2&,0%#0')(0/,"B'$1/(1'/#'8,**N/"3'#,M%F
,"%'/"')-01,&/0N'0,'(1)"3%'01%/&'2,8/(/%#P
!"').A)"0)3%'0,'./&%(0')(0/,"'/#'01)0'/0
.,%#"^0'&%h-/&%'01%'(,,2%&)0/,"',+'01%
)-01,&/0N'0,'*%'%++%(0/A%P'7+'01%N'/"0%&F
A%"%'0,'#0,2'N,-&')(0/,"B'N,-'1)A%')
.&)M)0/('#0,&Nk'/+'01%N'/3",&%'N,-B
N,-^A%'+,88,$%.'N,-&'(,"#(/%"(%')".
()"'(,"0/"-%'+,88,$/"3'/0'+-&01%&P'C/"(%
01%')(0/,"'/"'/0#%8+'1)#')'./&%(0'%++%(0B'/0
1)#')'2,$%&')".'#0&%"301P'7"'2&)(0/(%B
01%'M,#0'%++%(0/A%')(0/,"#')&%'*,01
./&%(0')".'#NM*,8/(B'2&,A/./"3')'(8%)&
$/0"%##'0,'N,-&'*%8/%+#P
9*&@'*!&*'$5"*4I&)L'@:;)4&'<"#*+&".&5*4$'*1)4&5*&G%51%
1"*.;51$I&+54:#$)4I&'*+&+54'(/))@)*$4&%'?)&<))*&4)$$;)+
:)'1).#;;!&G5$%"#$&/)1"#/4)&$"&?5";)*1)I&<"$%&5*&$%)&:/5?'$)
'*+&:#<;51&+"@'5*=&H)/5"#4&+5..)/)*1)4&5*&:"5*$4&".&?5)GI
'$$5$#+)4&'*+&5*$)/)4$4&%'?)&<))*&/)4";?)+&$%/"#(%&+5';"(#)I
1"*.)/)*1)4&'*+&1"@@#*51'$5"*I&@'+)&:"445<;)&<!&$%)&*"*C
?5";)*$&5*$)/?)*$5"*&".&.'@5;!&@)@<)/4I&?5;;'()&/):/)4)*$'C
$5?)4I&$%5/+&:'/$!&@)+5'$"/4&'*+&*)("$5'$"/4&'$&+5..)/)*$&;)?);4=
• e&3)"/D%')'0&)/"/"3',+'0&)/"%&#'$,&4#1,2',"')80%&")0/A%
M%01,.#',+'(,"+8/(0'&%#,8-0/,"'#-(1')#'M%./)0/,"B'./)8,3-%
)".'(,MM-"/()0/,"'#4/88#P'@%0')"'%K2%&0'&%#,-&(%'2%&#,"'0,
0&)/"'M%M*%&#',+'N,-&'3&,-2')".',01%&'3&,-2#'/"'N,-&'(,MF
M-"/0N',&'(,-"0&NP'7"'0/M%B'N,-'$/88'*%')*8%'0,'2&)(0/(%'%++%(F
0/A%8N'01%'"%$'#4/88#'3)/"%.')".'/M2)&0'01%M'0,',01%&'N,-01P
• 9&,2)3)0%'01%'/.%)',+')(0/A%'","A/,8%"(%')#')'3-/./"3
2&/"(/28%'01&,-31'.&)M)'2%&+,&M)"(%#')".'#,"3'+%#0/A)8#'/"
#(1,,8#')".'%"#-&%'01)0'/0'/#'$%88'2-*8/(/D%.'/"'01%'M%./)P
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
;@
15*&5/$%'9%;$.6$
70' /#' (,MM,"8N' )##-M%.' *-0' 1)#' "%A%&
*%%"'2&,A%.'01)0'A/,8%"(%')".'$)&+)&%')&%
/"1%&%"0' /"' 1-M)"' ")0-&%P' 7"' +)(0B' M)"N
0&)./0/,"#')".'%K)M28%#'#1,$'01)0')(0/A%
","A/,8%"(%'/#')"'%++%(0/A%'$)N'0,')(1/%A%
#,(/)8' (1)"3%P
C,M%',&3)"/D)0/,"#')(0/A%8N'$,&4/"3'$/01
N,-01'0,'(-80/A)0%')'(-80-&%',+'2%)(%5
-%".%&N,:#">%;&X=1%,="1:+=")&Y-NXZ'/#
)'3&)##&,,0#',&3)"/D)0/,"'01)0'%K28,&%#
)".' 2&,M,0%#' ","A/,8%"0' 2%)(%4%%2/"3
)".'#-22,&0'+,&'1-M)"'&/310#P'Q1%"
/"A/0%.B'/0'#%".#'0%)M#',+'A,8-"0%%&#'/"0,
)&%)#',+'2,8/0/()8'&%2&%##/,"')".'(,"+8/(0P
R1%'A,8-"0%%&#')((,M2)"N'1-M)"
&/310#'.%+%".%&#B'01%/&',&3)"/D)0/,"#B
)".',01%&#'01&%)0%"%.'*N'2,8/0/()8'A/,F
8%"(%P'R1,#%'&%#2,"#/*8%'+,&'1-M)"
&/310#')*-#%#'-#-)88N'.,'",0'$)"0'01%
$,&8.'0,'$/0"%##'01%/&')(0/,"#P'R1%
2&%#%"(%',+'A,8-"0%%&#'*)(4%.'*N')"
%M%&3%"(N'&%#2,"#%'"%0$,&4'01-#
1%82#'.%0%&'A/,8%"(%P'7"'01/#'$)NB'#2)(%
/#'(&%)0%.'+,&'8,()8')(0/A/#0#'0,'$,&4'+,&
#,(/)8'j-#0/(%')".'1-M)"'&/310#P
9:7^#'$,&4'0)4%#'01&%%'M)/"'+,&M#5
• 9&,0%(0/A%'!((,M2)"/M%"0
• 9%)(%'Z.-()0/,"5'0&)/"/"3'/"'","A/,F
8%"(%B'(,"+8/(0'0&)"#+,&M)0/,"')".'1-F
M)"'&/310#
• o,(-M%"0/"3'(,"+8/(0#')".'2%)(%
/"/0/)0/A%#')".'./#0&/*-0/"3'01/#'/"+,&M)F
0/,"'$,&8.$/.%
82%&X=1%,="1:+=")&9%))+7;2:(&+*
W%.+=.:):"1:+='c7ge\d'/#')"'/"0%&")F
0/,")8'M,A%M%"0'(,M2,#%.',+'2%,28%
$1,B'+&,M'01%'*)#/#',+')'*%8/%+'/"'01%
2,$%&',+'8,A%')".'0&-01'0,'(&%)0%'j-#0/(%
)".'&%#0,&%'(,MM-"/0NB'(,MM/0'01%MF
#%8A%#'0,')(0/A%'","A/,8%"(%')#')'$)N',+
8/+%')".')#')'M%)"#',+'0&)"#+,&M)0/,"5
2%&#,")8B'#,(/)8B'%(,",M/(')".'2,8/0/()8P
R1&,-31'/0#'$,&8.$/.%'"%0$,&4',+
3&,-2#')".'/0#'/"0%&")0/,")8'#%(&%0)&/)0B
7ge\')(0#'0,'2&,M,0%')'38,*)8'(-80-&%',+
","A/,8%"(%'/"'01%'+,88,$/"3')&%)#5
U,"A/,8%"(%'Z.-()0/,"'t'R&)/"/"3B
Q,M%"'9%)(%M)4%&#B'V,-01'ZM2,$%&F
M%"0't'S1/8.&%"'\/310#B'o/#)&M)M%"0't
9%)(%'R%)M#')".'7"0%&&%8/3/,-#'S,,2F
%&)0/,"P
;!
/#&0#$D2:#6
!'2&,j%(0',+'>"/;+&85$5K)*B'$1,#%'M/##/,"'/#'p0,'/"A,8A%')#
M)"N'2%,28%')#'$%'()"B'#0)&0/"3'$/01'(1/8.&%"B'/"')(0/A/0/%#'01)0
2&,M,0%')'2%)(%+-8B'1%)801N'$,&8.Pq
!'9%)(%'C/0%'/#')"N'#(1,,8B'28)(%',+'$,/2B'*-#/"%##B'2)&4B
1,M%'$1%&%'01%'2%,28%'/"A,8A%.')&%'(,MM/00%.'0,5
•''9&,0%(0/"3'01%'%"A/&,"M%"0
•''9&,M,0/"3'/"0%&(-80-&)8'-".%�)"./"3')".'(%8%*&)0/"3'(-8F
0-&)8' ./++%&%"(%#
•''C%%4/"3'2%)(%'$/01/"'01%M#%8A%#')".'&%8)0/,"#1/2#'$/01
,01%&#
•''\%)(1/"3',-0'/"'#%&A/(%'0,',01%&#
•''Q,&4/"3'0,$)&.#'$,&8.'8)$'$/01'j-#0/(%'01&,-31')'#0&,"3
%++%(0/A%'TU
9%)(%'C/0%#'#%8%(0')'2&,j%(0',&'2&,j%(0#'01)0'2&,M,0%')'2%)(%F
+-8B'1%)801N'$,&8.P'g,&'%K)M28%5'%M21)#/D/"3'()&%',+'01%'%"A/F
&,"M%"0'*N'&%(N(8/"3')".'8%)&"/"3'0,'#1,2'$/#%8Nk'(,88%(0/"3
(8,01%#',&'*,,4#'0,'./#0&/*-0%'0,'01,#%'/"'"%%.k'(&%)0/"3'2%)(%
h-/80#k'.%(,&)0/"3'01%'#(1,,8'$/01')'_38,*)8'A/88)3%^'8,,46+8)3#',+
01%'(,-"0&/%#',+'01%'T"/0%.'U)0/,"#k',&3)"/D/"3'+)M/8N')(0/A/0/%#B
#-(1')#'%A%"/"3#'0,'(%8%*&)0%'./++%&%"0'(-80-&%#'$/01'+,,.B
.)"(%#B'%0(Pk')&&)"3/"3'0,'28)"0'#,M%'0&%%#'/"'N,-&'(/0N',&
A/88)3%k'(&%)0/"3')'9%)(%'C/0%'\%#,-&(%'S%"0&%k').,20/"3')
+&/%".#1/2'#(1,,8'/"')",01%&'(,-"0&NP
Q,&8.' S/0/D%"5' 1002566$$$P*8,,M/"30,"P4<>PM"P-#62%)(%#/0%6
/#&0#$*#-*+#
8-6&",.24(&.+,*4"2,3(0&7",."9:+5;)&.+(0<".-.=,-4&.)&
J'K)C%<"&/'K%85)-"&:4"+
c<L>LF<J<?d
!#')'N,-"3'M)"B'R,8#0,N'#2%"0'+,-&'N%)&#'/"
01%'\-##/)"')&MNP'Y/#'#%&A/(%'/"'01%'S)-()F
#-#'*&,-310'/"#2/&)0/,"'+,&'#-(1'#0,&/%#')#
i%'+M5&E#/'$B')'1-M)"%')((,-"0',+'\-##/)"
(,8,"/)8/#M'/"'S1%(1"N)P'R,8#0,N'.%A%8,2%.
)'(&/0/()8')00/0-.%'0,'01%')&MN'.-&/"3'01%
S&/M%)"'$)&B'$&/0/"3'/"'H)<'4$":";&5*&_)C
1)@<)/&)*,-0'#%%/"3'$)&'p",0'/"'/0#'2&,2%&B
+/"%')".'#28%"./.')#2%(0B'$/01'M-#/(')".'.&-M#y'*-0'/"'/0#
0&-%'%K2&%##/,"#',+'*8,,.B'#-++%&/"3')".'.%)01Pq'g)&')1%).',+
1/#'0/M%B'1%'()88%.'+,&'M/8/0)&N'&%+,&M't')"'%".'0,'(,"#(&/20/,"P
7"'<LXIB'R,8#0,N'&%0/&%.'0,'1/#'(,-"0&N'%#0)0%B'V)#")N)'9,8N)")B
)".'$&,0%'1/#'3&%)0'",A%8#'/"(8-./"3'Q)&')".'9%)(%'c<LIXF
IJdP'Y%'.%A,0%.'1/M#%8+'0,'#,(/)8'&%+,&MB'.%A%8,2/"3')'4/".',+
S1&/#0/)"')")&(1/#MP'Y/#'8)0%&'01%,&/%#')&%'&%(,&.%.'/"'$,&4#
#-(1')#'01%'",A%8'\%#-&&%(0/,"'c<LJJdB')".'%##)N'>%'$&54&-/$g
c<LJLdP'C1,&08N'*%+,&%'1/#'.%)01B'R,8#0,NB'/"')'<J?J'#2%%(1'+,&
01%'<L01'7"0%&")0/,")8'9%)(%'S,"3&%##'/"'C0,(41,8MB'()88%.'+,&
01%')*,8/0/,"',+'$)&P
"#$%&"'&()'*#+,&-(./
15*&5/$%'9%;$.6$
L/5/4#/)N/0(5%'c<LIJF<J;Ld
1),)L3:4'
`,1)".)#'])&)M(1)".'@)".1/'$)#'*,&"'/"
9,&*)".)&'/"'7"./)P'Y%'#0-./%.'8)$'/"'W,".,"B
01%"'M,A%.'0,'C,-01'!+&/()'/"'<LJH'$1%&%'1%
#2%"0'>?'N%)&#B'#-++%&/"3'/M2&/#,"M%"0')".
)00)(4#')#'1%'()M2)/3"%.'+,&'01%'&/310#',+'01%
7"./)"'(,MM-"/0NP'Y%'.%A%8,2%.')'2,8/(N',+
2)##/A%'&%#/#0)"(%'()88%.'H'$!'(/'%'B',&'_0&-01
)".'+/&M"%##B^'/"+8-%"(%.'*N'R,8#0,NP'7"'<J<?B
@)".1/'+,-".%.'01%'(,,2%&)0/A%'R,8#0,N'g)&M'"%)&'o-&*)"B
)".'/"'<J<;'01%&%'$%&%'#,M%'/M2&,A%M%"0#'/"'7"./)"'&/310#P
@)".1/'&%0-&"%.'0,'7"./)'0,'8%).'01%'()M2)/3"')3)/"#0'(,8,"/)8
&-8%P'!+0%&'01%'!M&/0#)&'M)##)(&%'*N':&/0/#1'#,8./%&#'/"'<J<JB
@)".1/'2&,(8)/M%.')"',&3)"/D%.'()M2)/3"',+'","(,,2%&)0/,"5
#(1,,8#B'3,A%&"M%"0'2,#0#')".':&/0/#1'3,,.#'$%&%'*,N(,00%.P
@)".1/'8/A%.')"')#(%0/(')".'#2/&/0-)8'8/+%B')".'$)#'3&%)08N
&%A%&%.5'7"./)"#'()88%.'1/M'E'%'$@''c_3&%)0'#,-8^dP'@)".1/^#
","A/,8%"(%',&''%5@4''2&,A%.'M,&%'2,$%&+-8'01)"'01%'(,8,"/)8
)&MNP'Y%'$)#'/M2&/#,"%.'M)"N'0/M%#B'*-0'$)#'1%8.'/"'#-(1
%#0%%M'01)0'01%')-01,&/0/%#'4%20'1)A/"3'0,'&%8%)#%'1/MB')".'1/#
1-"3%&'#0&/4%#'$%&%'A%&N'%++%(0/A%B'*%()-#%'01%N'+%)&%.'&%A,8-F
0/,"'/+'@)".1/'./%.P'7"'<JH?'01%'`)1)0M)'8%.'01,-#)".#',"')
M)&(1'0,'01%'#%)B'0,'M)4%'#)80'_/88%3)88N^'*N'./#0/88/"3'#%)'$)0%&P
7".%2%".%"(%'+/")88N'()M%'/"'<J;GB')801,-31')0'01%'2&/(%',+'01%
(,-"0&N^#'A/,8%"0'2)&0/0/,"'/"0,'7"./)')".'9)4/#0)"P'g,88,$/"3')
8)#0'#-((%##+-8'+)#0'+,&'2%)(%'/"'[)"-)&N'<J;LB'@)".1/'$)#
)##)##/")0%.',"'1/#'$)N'0,')'2&)N%&'M%%0/"3P
c<LLXF<JIGd
!*&)1)M' [,1)""%#
`-#0%'$)#'*,&"'/"
Y,88)".B')".'M,A%.'0,
01%'TC!')3%.'#/KP'Y%
*%()M%')'2)#0,&B'01%"'M,A%.'01&,-31
01%'+/%8.#',+'(/A/8'8/*%&0/%#')".'8)*,-&
&/310#'/"0,'&%A,8-0/,")&N'2,8/0/(#P
:-0')+0%&'M%%0/"3'R&,0#4N'/"'<JHIB'![
0-&"%.'*)(4'0,'S1&/#0/)"'2)(/+/#MP
o-&/"3'01%'#%(,".'$,&8.'$)&'1%'.%F
+%".%.' (,"#(/%"0/,-#' ,*j%(0,&#P
!+0%&'_&%0/&/"3^B'!['8%.'01%')"0/F"-(8%)&
S,MM/00%%'+,&'U,"A/,8%"0'!(0/,"B
$,&4%.'$/01'!+&/()"'8/*%&)0/,"'8%).%&#
)".'`)&0/"'W-01%&']/"3B')".'$)#')
&)88N/"3'2,/"0'/"'01%'M,A%M%"0')3)/"#0
01%'m/%0")M'Q)&B'0$/(%'0&)A%88/"3'0,
m/%0")M'/"'01%'#%)&(1'+,&'2%)(%P
L/.4%0)J345'.)=%06O),.
c<J>JF<JILd
`)&0/"'W-01%&']/"3'$)#'*,&"'/"'!08)"0)B
TC!P'Y%'$)#')'(8%&3NM)"B')'8%).%&',+'01%
(/A/8'&/310#'M,A%M%"0')".')'2&,M/"%"0
).A,()0%',+'","A/,8%"0'&%#/#0)"(%'0,'&)(/)8
,22&%##/,"P
]/"3^#'21/8,#,21N',+'","A/,8%"(%'$)#
*)#%.',"'@)".1/^#'$,&4#')".'2&)(0/(%P
7"'<JXXB'$1/8%'$,&4/"3')#')'2)#0,&B']/"3',&3)"/D%.')'HL<F.)N
*,N(,00'/"'2&,0%#0')3)/"#0'&)(/)8'#%3&%3)0/,"',"'2-*8/('0&)"#F
2,&0P'!801,-31'1%'$)#')&&%#0%.B'/M2&/#,"%.B'#-*j%(0'0,'.%)01
01&%)0#')".'*,M*')00)(4#B'&)(/)8'#%3&%3)0/,"',"'2-*8/('0&)"#F
2,&0'$)#'*)""%.P'7"'<JI?']/"3'M,A%.'0,'!08)"0)'0,'28)N')
M,&%'%++%(0/A%'&,8%'/"'01%'(/A/8'&/310#'M,A%M%"0P'U,"A/,8%"(%
$)#'01%',++/(/)8'+,&M',+'&%#/#0)"(%B'/"'()M2)/3"#'+,&'.%#%3&%F
3)0/,"B'*%00%&'%.-()0/,"')".'1,-#/"3'+,&'*8)(4#B')".'M)&(1%#
#-(1')#'01%'1-3%'`)&(1',"'Q)#1/"30,"',+'!-3-#0'<JIHP']/"3
$)#')8#,'A%&N')(0/A%'/"'01%'M,A%M%"0')3)/"#0'01%'$)&'/"'m/%0F
")MP'Y%'$)#')##)##/")0%.',"';'!2&/8'<JILP
9&%'?)&'&+/)'@&$%'$&@!&."#/&;5$$;)&1%5;+/)*&G5;;&"*)&+'!&;5?)&5*&'
*'$5"*&G%)/)&$%)!&G5;;&*"$&<)&M#+()+&<!&$%)&1";"/&".&$%)5/&4A5*
<#$&<!&$%)&1"*$)*$&".&$%)5/&1%'/'1$)/=&9&%'?)&'&+/)'@&$"+'!=
C#""=.'$+'+."'O$*=.'-/'Z$&.)/(+-/<'0?@`
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
1306)M/0
M33)=+%
c<J;XF'd
C--']N/'$)#'*,&"'/"
\)"3,,"'/"'<J;XB
.)-310%&',+'01%
8/*%&)0/,"' 8%).%&
!-"3'C)"'$1,'$)#
M-&.%&%.'/"'<J;GB
#1,&08N'*%+,&%':-&M)'3)/"%.
/".%2%".%"(%'+&,M':&/0)/"P'Y%&'M,01%&
$)#')'./28,M)0B')".'C--']N/'$)#
%.-()0%.'/"'7"./)')".':&/0)/"P'C1%
2-&#-%.')"')().%M/('()&%%&'*%+,&%
&%0-&"/"3'0,':-&M)'/"'<JLL'0,'"-&#%'1%&
)/8/"3'M,01%&P
7"'[-8N'<JLLB'./(0)0,&'@%"%&)8'U%'Q/"
$)#'+,&(%.'0,'&%#/3"')".'%"#-/"3'-"&%#0
$)#'*&-0)88N'2-0'.,$"'*N'01%'M/8/0)&NP
7"+8-%"(%.'*N'@)".1/')".'`)&0/"'W-01%&
]/"3B'C--']N/'1%82%.'0,'+,-".'01%
U)0/,")8'W%)3-%'+,&'o%M,(&)(NP'7"
<JLJB'C--']N/'$)#'2-0'-".%&'1,-#%
)&&%#0B')".'#0/88'01%'UWo'$,"'"%)&8N'L?i
,+'2)&8/)M%"0)&N'#%)0#'/"'01%'<JJ?
%8%(0/,"P'R1%'M/8/0)&N'/3",&%.'01%
%8%(0/,"'&%#-80#')".'/"(&%)#%.'01%/&
2%&#%(-0/,"',+'01%',22,#/0/,"')".'%01"/(
M/",&/0/%#P'C--']N/'$)#'&%8%)#%.'/"
<JJXB'*-0'$)#'#,,"'28)(%.'-".%&'1,-#%
)&&%#0')3)/"B'$1%&%'#1%'&%M)/"#P
;0
1.#A."B2+
?#*)%#$&%('&%*, %6$"<2%'*<2"&+'
Y,$'.,'01%')&M%.'+,&(%#'&%(&-/0'N,-"3
2%,28%'/"'N,-&',$"'(,-"0&Nn'!&%'01%/&
(8)/M#')".'2&,M/#%#'j-#0/+/%.n'7#'/0
2-&%8N'A,8-"0)&Nn'o,'2%,28%'1)A%'01%
&/310'0,'&%+-#%',&'&%28)(%'M/8/0)&N'#%&A/(%
+,&'&%)#,"#',+'(,"#(/%"(%n'Q,-8.
N,-"3'2%,28%'*%'/"0%&%#0%.')".'$/88/"3
0,'.,'/"0%&")0/,")8'A,8-"0)&N'#%&A/(%
/"#0%).',+'8%)&"/"3'0,'+/310n'R1%
S)M2)/3"'0,'C0,2'01%'T#%',+'S1/8.
C,8./%&#'1)#'8,0#',+'/"+,&M)0/,"',"'01%
$,&8.$/.%'#/0-)0/,"B')".'")0/,")8
#%(0/,"#'/"'A)&/,-#'(,-"0&/%#bN,-'(,-8.
+/".')'8,()8'(,"0)(0'2%&#,"'$1,'(,-8.
3/A%'+-&01%&'/"+,&M)0/,"B'M)0%&/)8#B',&
2%&1)2#'.,')'0)84')0'N,-&'(,88%3%P
H))&:'()&6d&'*+&1"*$'1$
S,)8/0/,"'0,'C0,2'01%'T#%',+'S1/8.'C,8F
./%&#
R1,M)#'S8)&4#,"'Y,-#%
R1%'C0)*8%N)&.B':&,,M3&,A%'\,).
W,".,"''CQJ'JRWB'T]
R%85' E;;F>?FG>G;'?>H?
g)K5' E;;F>?FGGHL' ;<<?
ZFM)/85' (1/8.#,8./%&#O./)8P2/2%KP(,M
Q%*#/0%5' $$$P(1/8.F#,8./%&#P,&3
C/#&+/.#"*/.<%>6#"*/%M&#!*+R
>8."/'#%?4.<<%.+4'
@-"#')&%')'28)3-%'%A%&N$1%&%'/"'01%
$,&8.P'g/".',-0')".'./#(-##'/##-%#
#-&&,-"./"3'01%'8%3)8'#/0-)0/,"B
)A)/8)*/8/0NB',$"%/2')".'-#%',+'3-"#
/"'N,-&'(,-"0&N',&'&%3/,"P'Q1)0')&%'01%
'$$5$#+)4',+'N,-"3'2%,28%n'Q1)0')&%
01%')..)1$4&,+'3-"#',"'N,-"3'2%,28%n
H))&:'()&6k&'*+&1"*$'1$
7!UC!
:,K';>>B'HG'C0,&%'C0&%%0
W,".,"'QS<Z'G:CB'T]
ZFM)/85' (,"0)(0O/)"#)P,&3
Q%*#/0%5' $$$P/)"#)P,&3
C/#&+/.#"*/.<%J.4)."8/%#*
E./%V./24"/&'
ZA%&N'>?'M/"-0%#B'#,M%,"%bA%&N',+0%"
)'(1/8.b/#'4/88%.',&'M)/M%.'*N',"%',+
01%#%'*)&*)&/('$%)2,"#P'`)"N
(,-"0&/%#'1)A%'(1&,"/('8)".M/"%
2&,*8%M#B'$1/(1'8)#0'+,&'.%().%#P'7"
<JJGB')"'/"0%&")0/,")8'M/"%'*)"'0&%)0N
$)#'#/3"%.'/"'e00)$)B'S)").)P
;:
Y,$%A%&B'01%&%'/#'#0/88'8,**N/"3'$,&4'0,'*%'.,"%'0,'3%0'01%
0&%)0N').,20%.')".'/M28%M%"0%.'*N'3,A%&"M%"0#P'e01%&'/.%)#
+,&')(0/,"'/"(8-.%5' •'(,88%(0/"3'M,"%N'+,&'.%M/"/"3B'M/"%
)$)&%"%##',&'A/(0/M')##/#0)"(%'2&,3&)MM%#' •'(,88%(0/"3
#/3")0-&%#'+,&'01%'2)&)88%8'9%,28%^#'R&%)0N' •'-&3/"3'N,-&
3,A%&"M%"0'0,'.%#0&,N'/0#'#0,(42/8%#',+'M/"%#' •'1%82/"3'0,
%.-()0%',01%&#')*,-0'M/"%#P
H))&:'()&66&'*+&1"*$'1$
7"0%&")0/,")8'S)M2)/3"'0,':)"'W)".M/"%#
9e':,K';?<B'g%&3-#,"'U<`'HZ>B'S)").)
R%85' E<FX<JFGLGFL?;HB' +)K5' E<FX<JFGLGFL?XL
ZFM)/85' *)"%M",$O/(*8P,&3
Q%*#/0%5' $$$P/(*8P,&3
F&.6&%#$+*(8$%&2(6.#"*/
7+'01%'$,&8.'/#'0,'*%'8%##'A/,8%"0'/"'+-0-&%B'2%,28%'1)A%'0,'8%)&"
)80%&")0/A%#'0,'A/,8%"(%P'R1/#'2&,(%##'#1,-8.'#0)&0'/"'#(1,,8#B
$/01'#4/88#'+,&'&%#,8A/"3'(,"+8/(0#B')".'M%./)0/,"P'Q1)0'(,"+8/(0#
,((-&'$1%&%'N,-')&%n'Q1)0'.,'2%,28%'01%&%'4",$')*,-0'01%
M)"N'$)&#'(-&&%"08N'&)3/"3')&,-".'01%'$,&8.n'o,'N,-'01/"4
01%N'#1,-8.'4",$')".'-".%�)".'M,&%n'R1)"4#'0,'RmB'+/8M#
)".'3)M%#B'M,#0'N,-"3'2%,28%'#,,"'3%0'0-&"%.',++'0,'01%
&%)8/0N',+'A/,8%"(%P'W,,4')0'M%./)'(,A%&)3%',+'$)&#')".
A/,8%"(%P'Q1)0'.,'01%N')##-M%n'7#'$)&'/"%A/0)*8%n'Y,$'()"
$%'(&%)0%')'(-80-&%'$1%&%'2%)(%B'",0'A/,8%"(%B'/#'(,"#/.%&%.
",&M)8n
H))&:'()&77&'*+&1"*$'1$
@8,*)8'S)M2)/3"'+,&'9%)(%'Z.-()0/,"
Y)3-%'!22%)8'+,&'9%)(%
S6,'7QRSB'GGG'TU'98)D)B'U%$'V,&4B'UV'<??<GB'TC!
R%85' E<F><>FILG>I>H
g)K5' E<F><>FII<>G?;
ZFM)/85' 1)2O1)3-%2%)(%P,&3B' $%*#/0%5' $$$P/2*P,&362%6
F**+%F&*)<&O'%-6*/*4"6%3(4./%K"8$#'
J.4)."8/
R1/"4')*,-0'01%'&%8)0/,"#1/2#'*%0$%%"'2,A%&0N')".'$)&B'M,"%N
)".'$)&P'o,'N,-&'(,88%3%B'3,A%&"M%"0B'&%8/3/,-#'/"#0/0-0/,"B'%0(P
1)A%')"'%01/()8'/"A%#0M%"0'2,8/(Nn'R1)0'/#B'.,'01%N'&%+-#%'0,
/"A%#0'/"'(,M2)"/%#',&'*)"4#'01)0'2&,.-(%',&'.%)8'/"')&M#B
.)M)3%'01%'%"A/&,"M%"0B'1)A%')'2,,&'&%(,&.',"'$,&4%&#^
&/310#')".'(,"./0/,"#PPP'e"(%'01%N'4",$'01%'+)(0#B'p(,"#-M%&#q
1)A%'3&%)0'2,0%"0/)8'0,'/"+8-%"(%'01%'2,$%&+-8'(,M2)"/%#'01)0
28)N'#-(1')'.%(/#/A%'&,8%'/"'$,&8.')++)/&#P
H))&:'()&k7&'*+&1"*$'1$
9,,&'9%,28%^#'Z(,",M/('Y-M)"'\/310#'S)M2)/3"
9e':,K'X?IGLB'91/8).%821/)B'9!'<J<H>B'TC!
R%85' E<F><XF>?H<J;XB' +)K5' E<F><XF>?H<JX?
ZFM)/85'4$&-O8/*%&0N"%0P,&3B'$%*#/0%5'$$$P8/*%&0N"%0P,&364$&-
"#$%&"'&()'*#+,&-(./
1.#A."B2+
>X*<"#"*/%STTT
!801,-31'01%N')&%'&)&%8N'./#(-##%.'/"'2-*8/('01%#%'.)N#B
"-(8%)&'$%)2,"#'#0/88'01&%)0%"'01%'A%&N'#-&A/A)8',+'01%'$,&8.P
R1%'Q,&8.'S,-&0'1)#'2&,",-"(%.'01%M'/88%3)8P':-0'01%'"-(8%)&
$%)2,"#'#0)0%#')&%'/3",&/"3'01%/&'8%3)8',*8/3)0/,"'0,'./#)&MP
7"#0%).B'M,&%')".'M,&%'.)"3%&,-#'$%)2,"#'(,"0/"-%'0,'*%
.%A%8,2%.P'!#'()M2)/3"%&#')3)/"#0'"-(8%)&'$%)2,"#'$%'1)A%
*,01'/"0%&")0/,")8'8)$')".'M,&)8/0N',"',-&'#/.%P
H))&:'()&6N&'*+&1"*$'1$
!*,8/0/,"' >???
(6,'U-(8%)&'!3%'9%)(%'g,-".)0/,"
<<LG'S,)#0'm/88)3%'\.'F'<>HB'C)"0)':)&*)&)B'S!'JH<?GB'TC!
R%85'E<FL?XFJIX'H;;HB'+)K5'E<FL?XFXIL'?;II
ZFM)/85' )>???O#/8(,MP(,M
Q%*#/0%5' $$$P")2+P,&36)*,8/0/,">???6
J.4)."8/%,*+%./%C/#&+/.#"*/.<%J+"4"/.<%J*(+#
o%#2/0%'M/88/,"#',+'A/(0/M#',+'3%",(/.%')".',01%&'(&/M%#
)3)/"#0'1-M)"/0NB'#0)0%#'1)A%'8)&3%8N'+)/8%.'0,'*&/"3'01,#%
&%#2,"#/*8%'0,'j-#0/(%P'C0-.%"0#',+'8)$'/"'2)&0/(-8)&'M/310'*%
/"0%&%#0%.'/"'j,/"/"3'01%'()M2)/3"'+,&'01%'&)0/+/()0/,"')".
2&,M,0/,"',+'01%'7"0%&")0/,")8'S&/M/")8'S,-&0P
H))&:'()&fl&'*+&1"*$'1$
U@e'S,)8/0/,"'+,&')"'7"0%&")0/,")8'S&/M/")8'S,-&0
(6,'Qg`67@9B'GGG'TU'98)D)B'U%$'V,&4B'UV'<??<GB'TC!
R%85' E<F><>FILGF><GIB' +)K5' E<F><>FXJJF<HH>
ZFM)/85'(/((O/((",$P,&3
Q%*#/0%5' $$$P/((",$P,&3
Q*4&/%"/%F&.6&X("<2"/8
Q,M%"'1)A%'8)&3%8N'*%%"'%K(8-.%.'+&,M'2%)(%'2&,(%##%#B
)801,-31'$,M%"')".'(1/8.&%"')&%'M,#0',+0%"'01%'A/(0/M#',+
1-M)"'&/310#'A/,8)0/,"#'/"'$)&B')".'%K2%&/%"(%'#1,$#'01)0
$,M%"'()"'*%'01%'M,#0'#4/88%.')".')*8%'0,'.%A%8,2'#,8-0/,"#
)(&,##'*,&.%&#')".'(,MM-"/0/%#P'`)4%')'(1)"3%a
8"*$'1$
@%".%&'S)M2)/3"B'7"0%&")0/,")8'!8%&0
<'@8N"'C0B'W,".,"'CZ<<'XYRB'T]
R%85'E;;F>?FGGJH'LHLHB'+)K5'E;;F>?FGGJH'GJGX
ZFM)/85' 3%".%&()M2)/3"O/"0%&")0/,")8F)8%&0P,&3
Q%*#/0%5' $$$P/"0%&")0/,")8F)8%&0P,&3
J.4)."8/%#*%-/2%Z&/*6"2&
7"0%&")0/,")8'8)$#'(,"(%&"/"3'3%",(/.%'$%&%'+/�').,20%.')+0%&
01%'C%(,".'Q,&8.'Q)&B')#')'&%#-80',+'01%'[%$/#1'Y,8,()-#0P
Q1)0'/#'3%",(/.%n'S)"'N,-'01/"4',+')"N'(,-"0&/%#'$1%&%
3%",(/.%'1)#'*%%"'()&&/%.',-0'M,&%'&%(%"08Nn''Y,$'()"'/0'*%
2&%A%"0%.n'R1/#'()M2)/3"'+,(-#%#',"'%M2,$%&/"3'01%'TU'0,
2&%A%"0'3%",(/.%'01&,-31B'+,&'%K)M28%B'01%'(&%)0/,"',+')"
%++%(0/A%'%)&8NF$)&"/"3'#N#0%MB')".')8#,')/M#'0,'2-0'2&%##-&%
,"'3,A%&"M%"0#'0,')(0',"'%)&8N'$)&"/"3#',+'3%",(/.%P
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
8"*$'1$
Q,&8.' g%.%&)8/#0' !##,(/)0/,"
;<L'G"#'C0P'CZ
Q)#1/"30,"B'oS'>???HB'TC!
R%85' E<F>?>FX;IHJX?
g)K5' E<F>?>FX;IHG;J
ZFM)/85' %".3%",(/.%O$+)P,&3
Q%*#/0%5' $$$P%".3%",(/.%P,&3
!"#$%"&#'("&)*+$#,(%-*("*.'/&%0
1&1$"#*&"2*3)(4&)'5&#'("
Q1)0'/#'38,*)8/D)0/,"n'Y,$'.,%#'/0
)++%(0'N,-n'C,M%'2%,28%'8/4%'0,'*%')*8%
0,'A/#/0'01%/&'+)A,-&/0%'#1,2#')".'&%#0)-F
&)"0#'/"')8M,#0')"N'*/3'(/0N'/"'01%'$,&8.P
g,&',01%&#B'38,*)8/D)0/,"'&%2&%#%"0#
2,A%&0N')".'01%'.%3&).)0/,"',+'01%
%"A/&,"M%"0P'R1/#'()M2)/3"'/"A%#0/F
3)0%#'1,$'%(,",M/('38,*)8/D)0/,"')".
01%'/"(&%)#%'/"'1-3%'/"0%&")0/,")8'(,MF
2)"/%#')++%(0#'%++,&0#'0,'2&,M,0%'2%)(%
)".' ./#)&M)M%"0P
8"*$'1$
7"0%&")0/,")8'U%0$,&4',"'o/#)&M)M%"0
)".' @8,*)8/D)0/,"
;?XFL>X'@&)"A/88%'C0
m)"(,-A%&B':SB'mI='<]JB'S)").)
R%85'E<FI?;FILG'H>>H
g)K5'E<FI?;FILG'H>GG
ZFM)/85' ##0)28%#O()")./)"#P,&3
J.4)."8/%>8."/'#%D&)<&#&2
P+./"(4%Q&.)*/'
o%28%0%.'-&)"/-M'coTd'/#')'&)./,)(0/A%
#-*#0)"(%'01)0'/#'A%&N'1)&.')".'01%&%F
+,&%'#,M%0/M%#'-#%.'/"'$%)2,"#'*%F
()-#%'/0'()"'2%"%0&)0%'%h-/2M%"0')#
#,8/.')#'0)"4#P'R1%'1%)801'%++%(0#',+'oT
(,"0)M/")0/,"')&%'",0'N%0'+-88N'4",$"B
*-0'/0'/#'(%&0)/"8N'1)&M+-8P'U-(8%)&'$%)2F
,"#'1)A%'*%%"'.%(8)&%.'/88%3)8B'*-0'oT
$%)2,"#')&%'#0/88'-#%.P'U!Re'+,&'%K)MF
28%'M).%'-#%',+'01%M'.-&/"3'01%'$)&'/"
],#,A,B')".'01%N'$%&%'-#%.'/"'01%'@-8+
Q)&P'R1/#'()M2)/3"')/M#'0,'%K2,#%'01%
&/#4#',+'oT')".'0,'#0,2'01%'2&,.-(0/,"
)".'-#%',+'oT'$%)2,"#P
8"*$'1$
@`'SUoB'I'`,-"0'C0&%%0
`)"(1%#0%&'`>'XUCB'T]
R%85' E' ;;F<I<FLH;LH?<
g)K5' E;;F<I<FLH;L<LG
ZFM)/85' 3M(".O3"P)2(P,&3
;;
1'2&.6&+
'H+):1:+=&EIII
(6,'U-(8%)&'!3%'9%)(%'g,-".)0/,"
<<LG'S,)#0'm/88)3%'\.'F'<>H
C)"0)':)&*)&)B'S!'JH<?GB'TC!
R%85'E<FL?XFJIX'H;;HB'+)K5'E<FL?XFXIL'?;II
ZFM)/85' )>???O#/8(,MP(,M
Q%*#/0%5' $$$P")2+P,&36)*,8/0/,">???6
'C=%;15&X=1%,="1:+=")
<'Z)#0,"'C0&%%0B'W,".,"'QS<w'Lo[B'T]
R%85' E;;F>?FG;<HFXX??B' +)K5' E;;F>?FGJXIF<<XG
ZM)/85' )M"%#0N/#O)M"%#0NP,&3
Q%*#/0%5' $$$P)M"%#0NP,&3B' $$$P)M"%#0N-#)P,&36
)/4/.#6
<"C(":#=&1+&9,%%&d"=$=$&"=>&*+,&"&M$.)%",/
9,%%&`:>>)%&J";1
<LX'U%$']%"0'\.B'W,".,"'CZ<';!@B'T]
R%86+)K5' E;;F>?FGHGL' JH>;
ZFM)/85' A)"-"-O/"",(%"0P(,M
<2:)>,%=&"=>&-%".%&-2:):((:=%;
IX'`)P'o/D,"'C0PB'@8,&/)'Y%/310#'C-*.PB'!"0/2,8,
\/D)8'<LG?B'91/8/22/"%#
R%85'EIHF>FIX?'HGL>
ZFM)/85' 0-8/MO#2%%.P(,MP21
<+"):1:+=&1+&R1+(&12%&V;%&+*&<2:)>&R+)>:%,;
R1,M)#'S8)&4#,"'Y,-#%
R1%'C0)*8%N)&.B':&,,M3&,A%'\,).
W,".,"''CQJ'JRWB'T]
R%85'E;;F>?FG>G;'?>H?B'+)K5'E;;F>?FGGHL';<<?
ZM)/85' (1/8.#,8./%&#O./)8P2/2%KP(,M
<+)+CH:"=&<2:)>,%=b;&`+L%C%=1&*+,&-%".%
S6,'TU7SZgB'R&)"#A%&#)8'HL'U,P'<??F>X'2/#,'H
!2)&0).,' !}&,' J<I;J
C)"0)+%'.%':,3)0)B'S,8,M*/)
ZM)/85' M,A/2)DO1,0M)/8P(,M
Q%*#/0%' cC2)"/#1d5' $$$P3%,(/0/%#P(,M6
Z"(1)"0%.g,&%#06S&%%46L>HL6/".%KP10M
Q%*#/0%' cZ"38/#1d5' $$$P8)0/",8/"4P(,M6/".%KP
212Hn2)3%~6"%$#6/"0%&")0/,")86?;<;2)D(P212H
+,-.*/)0'1#&,*20/,-'3#04,$5'6)",,*&'(#7#*,89#-0
9e':,K'LI?B'U,,#)'Y%).#
f-%%"#8)".' ;XIGB' !-#0&)8/)
g)K5' EI<FGFX;;L?L?<
J.+)%&;"=;&W".:;C%&YR.2++)&7:12+$1&W".:;CZ
\-%'.%#'!8%K/%"#'HGB'<???':&-##%8#B':%83/-M
g)K5' EH>FHFX?HFHG;?
J>$."1:=#&<:1:%;
C)"0)'g%'IG>B'>???'\,#)&/,B'!&3%"0/")
R%85' EX;F;<FL?>>G;B' +)K5' EX;F;<FL?>>GH
ZFM)/85' )()*%D-?O&,#)&/,P3,AP)&
J$,+(%"=&N$,%"$&*+,&<+=;.:%=1:+$;&\HQ%.1:+=
S)8{*&/)B'<;GB'ZF?L?<X':)&(%8,")
S)0)8-"N)B' C2)/"
R%85'EH;FJHF;LH'LH'GIB'+)K5'EH;FJHF;LH'LH'XI
ZM)/85' *%,(P%*(,O#-2,&0P,&3
Q%*#/0%5' $$$P0%&&)P%#62%&#,")86*%,(P%*(,6
J$,+(%"=&<%=1,%&*+,&<+=*):.1&-,%L%=1:+=
9PeP':,K'<;?IJ
HX?L'CS'T0&%(10B'R1%'U%01%&8)".#
R%8P'EH<PH?P>XH'GX>LB'+)K'EH<PH?P>XH'GX>J
ZM)/85' %-(,"+8/(0O%-(,"+8/(0P,&3
Q%*#/0%5' $$$P%-(,"+8/(0P,&3
J$,+(%"=&O"7&R1$>%=1;b&';;+.:"1:+=
:.P'@}"}&)8'[)(h-%#B'>HJ
:F<?X?':&-##%8#B':%83/-M
R%85' EH>F>FI;IF>I>IB' +)K5' EH>F>FI;IF>J>H
ZM)/85' %8#)O"/(P/"*%P"%0
J$,+(%"=&M%17+,P&'#":=;1&12%&',C;&8,">%
9%#01-/#8))"' HJ
<?X;'\Y'!M#0%&.)MB'R1%'U%01%&8)".#
R%86+)K5' EH<F>?FI<I' ;IL;
ZFM)/85' )M,4M)&O)"0%"")P"8
J$,+(%"=&0+$12&<%=1,%
H?'&-%'9/%&&%'.%'S,-*%&0/"
IG???' C0&)#*,-&3B' g&)"(%
g)K5' EHHFLLF;<F>GGG
J$,+(%"=&0+$12&9+,Y%;1Z&'.1:+=
9,#0*,K' J;<<X
<?J?'@S'!M#0%&.)MB'R1%'U%01%&8)".#
R%85'EH<F>?FIIX'GG;HB'+)K5'EH<F>?FIJ>'LGXG
ZFM)/85' %N+)O%N+)P,&3
Q%*#/0%5' $$$PK#;)88P"86z%N+)
9%>%,"1:+=&X=1%,="1:+=")%&>%;&O:#$%;&>%;&],+:1;
>%&)b!+CC%
<G'9)##)3%'.%'8)'`)/"'.^e&
GX?<<'9)&/#B'g&)"(%
R%85'EHHF<;HXX'>X<LB'+)K5'EHHF<;HXX'<LL?
ZFM)/85' +/.1O1,8P+&
9+,&`+12%,&J",12&X=1%,="1:+=")
W)"3%'C0%%"#0&'<I6o
J???'@%"0B':%83/-M
R%85'EH>FJF>HH'L;HJB'+)K5'EH>FJF>HH'GH?>
ZFM)/85' /"0%&")0/,")8OM,01%&%)&01P,&3
Q%*#/0%5' $$$PM,01%&%)&01P,&3
9+$=>"1:+=&g9+,&12%&<2:)>,%=&+*&<2%,=+H5)h
C0)&,A/8%"#4)N)' <;
>>??>J'`/"#4B'\%2-*8/(',+':%8)&-#
R%85' EHGXF<G>FH;><XHB' +)K5' EHGXF<G>FH;H;XL
ZFM)/85' /)1(O-#%&P-"/*%8P*N
J$,+(%"=&N"2ebf&0+$12&<+$=.:)
;X'&-%'9%&3,8%#%B'GX<<I'9)&/#B'g&)"(%
R%85' EHHF<F;G;IJXI>B' +)K5' EHHF<F;?IG<X?>
ZM)/85' .%)O.)$"Pj,%"#--P+/
;<
"#$%&"'&()'*#+,&-(./
1'2&.6&+
9$=>".:i=&J.$"1+,:"="&>%&W%)".:+=%;
X=1%,=".:+=")%;&5&J;1,"1j#:.";
S)#%'9,#0)8%'H>L;
<><<'@%"%A)'H'\/A%B'C$/0D%&8)".
R%86+)K5' E;<F>>FH>?' LHGJ
ZFM)/85' +%&/#P3%O*8-%$/"P(1
[)+H")&X=:1:"1:L%
!88M%".#0&P'GX
SYF;X??'C,8,01-&"B'C$/0D%&8)".
R%86+)K5' E;<FH>FI>>' ;<J<
ZFM)/85' 3/O38,*)8/"/0/)0/A%P,&3
Q%*#/0%5' 1002566$$$P38,*)8/"/0/)0/A%P,&36
[)+H")&K:>;D&X=.6
XI<':&,).$)NB'I01'g8,,&
U%$'V,&4B'UV'<??<>B'TC!
R%85' E><>F>>IF?<H?B' +)K5' E><>F>>IF?<HG
ZFM)/85''38,*)84/.#O/3(P,&3
Q%*#/0%5' $$$P38,*)84/.#/"(P,&3
[)+H")&0+$12&'.1:+=&M%17+,P
><<'Z)#0';H&.'C0&%%0B'C-/0%'J?X
U%$'V,&4B'UV'<??<GB'TPCP!P
R%85'E<F><>FII<'I<<<B'+)K5'E<F><>FII<'<JHH
ZFM)/85' 3N)"ON,-018/"4P,&3
Q%*#/0%5' 1002566$$$PN,-018/"4P,&3
[,%%=(%".%&X=1%,="1:+=")
]%/D%&)(10' <GI
<?<I'oQ'!M#0%&.)MB'R1%'U%01%&8)".#
R%85'EH<F>?FX>H'I>>>B'+)K5'EH<F>?FX>H'I>??
ZFM)/85
3&%%"2%)(%P/"0%&")0/,")8O3&%%">P3&%%"2%)(%P,&3
Q%*#/0%5' $$$P3&%%"2%)(%P,&3
[$=&9,%%&R+$12&'*,:."
9e':,K'H<XH>B':&))M+,"0%/"
[,1)""%#*-&3B' >?<GB' C,-01' !+&/()
R%85' E>GF<<F;?HF;XJ?B' +)K5' E>GF<<F;?HF;XJI
ZF%M)/85' 3-"+&%%O$"P)2(P,&3
!$C"=&W:#21;&a"1.2
ZM2/&%'C0)0%':-/8./"3FH;01'+8,,&
HX?'X01'!A%"-%
U%$'V,&4B'UV'<?<<LFH>JJB'TC!
R%85' E<F><>F>J?F;G??B' +)K5' E<F><>FGHIF<H??
ZM)/85'1&$"N(O1&$P,&3
Q%*#/0%5' $$$P1&$P,&3
X=1%,P%,P%):QP&d,%>%;H%,"">&YXKdZ
9,#0*-#' LXLJH
>X?L'SU'o%"'Y))3B'R1%'U%01%&8)".#
R%85'EH<FG?FHX?'G<??B'+)K5'EH<FG?FHX;'>I<<
ZFM)/85' /4AO)"0%"")P"8
X=1%,="1:+=")&'.1:+=&M%17+,P&+=&RC"))&',C;
:,K';>>B'W,".,"'QS<Z'G:CB'T]
ZFM)/85' (,"0)(0O/)"#)P,&3
Q%*#/0%5' $$$P/)"#)P,&3
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
X=1%,="1:+=")&')%,1
<'@8N"'C0B'W,".,"'CZ<<'XYRB'T]
R%85'E;;F>?FGGJH'LHLHB'+)K5'E;;F>?FGGJH'GJGX
ZFM)/85' 3%"%&)8O/"0%&")0/,")8F)8%&0P,&3
Q%*#/0%5' $$$P/"0%&")0/,")8F)8%&0P,&3
X=1%,="1:+=")&';;+.:"1:+=&*+,&W%):#:+$;&9,%%>+C
>'`)&4%0'C0&%%0
eK+,&.'ew'<'HZgB'T]
X=1%,="1:+=")&';;+.:"1:+=&+*&O"75%,;&'#":=;1
M$.)%",&',C;
!"")'9)-8,$")#0&'<?H
>X<L':S'o%"'Y))3B'R1%'U%01%&8)".#
R%85'EH<FG?FHIH';;L;B'+)K5'EH<FG?FH;X'XJX<
ZFM)/85' /)8)")O)"0%"")P"8
Q%*#/0%5' $$$P..1P"86,&36/)8)")
X=1%,="1:+=")&<"C(":#=&1+&N"=&O"=>C:=%;
9e':,K';?<
g%&3-#,"'U<`'HZ>B'S)").)
R%85' E<FX<JFGLGFL?;HB' +)K5' E<FX<JFGLGFL?XL
ZFM)/85' *)"%M",$O/(*8P,&3
Q%*#/0%5' $$$P/(*8P,&3
X=1%,="1:+=")&<+CC:11%%&+*&12%&W%>&<,+;;
<J'!A'.%'8)'9)/K
<>?>'@%"%A)B'C$/0D%&8)".
R%85'E;<F>>FGH;'I??<B'+)K5'E;<F>>FGHH'>?XG
ZFM)/85' $%*M)#0%&PhA)O/(&(P,&3
Q%*#/0%5' $$$P/(&(P,&3
7=1%,="1:+=")&9%>%,"1:+=&+*&`%>:.")&R1$>%=1;b
';;+.:"1:+=;
S6,'Q`!B'9e':,K'IH
?<><>'g%&"%NFm,80)/&%'SZoZwB'g&)"(%
R%85' EHHF;X?F;?;GXJB' +)K5' EHHF;X?F;?XJHG
Q%*#/0%5' $$$P/+M#)P,&3
X=1%,="1:+=")&9%>%,"1:+=&+*&W%>&<,+;;&"=>&W%>
<,%;.%=1&R+.:%1:%;
<G'S1%M/"'.%#'S&%0%#
9%0/0FC)(,""%KB'<><<'@%"%A%'<JB'C$/0D%&8)".
R%85'E;<F>>FGH?';>>>B'+)K5'E;<F>>FGHH'?HJX
ZFM)/85' #%(&%0)&/)0O/+&(P,&3
X=1%,="1:+=")&9%))+7;2:(&+*&W%.+=.:):"1:+=
C2,,�&))0' HL
<L<X':]'!84M))&B'R1%'U%01%&8)".#
R%85'EH<'G>'X<>FH?<;B'+)K5'EH<'G>'X<XF<<?>
ZFM)/85' ,++/(%O/+,&P,&3
X=1%,="1:+=")&M%17+,P&+=&]:;",C"C%=1&"=>
[)+H"):k"1:+=
;?XFL>X'@&)"A/88%'C0
m)"(,-A%&B':SB'mI='<]JB'S)").)
R%85'E<FI?;FILG'H>>HB'+)K5'E<FI?;FILG'H>GG
ZFM)/85' ##0)28%#O()")./)"#P,&3
;=
1'2&.6&+
X=1%,="1:+=")&-%".%&N$,%"$
\-%'.%'=&/(1';<B'<>?<'@%"%A)B'C$/0D%&8)".
R%85'E;<F>>FGH<'I;>JB'+)K5'E;<F>>FGHL'J;<J
ZFM)/85' M)/8*,KO/2*P,&3
Q%*#/0%5' $$$P/2*P,&3
X=1%,="1:+=")&-25;:.:"=;&*+,&12%&-,%L%=1:+=&+*
M$.)%",&a",
<>I'\,3%&#'C0B'S)M*&/.3%B'`!'?><;>F<?JIB'TC!
R%85'E<FI<GFLIL'X?X?B'+)K5'E<FI<GFLIL'>XI?
ZFM)/85' /22"$*,#O/3(P,&3
Q%*#/0%5' $$$P1%)801"%0P,&36799UQ
X=1%,="1:+=")&R%,L:.%&*+,&!$C"=&W:#21;
S9'<IB'<><<'@%"%A)'>?B'C$/0D%&8)".
R%85' E;<F>>FGHHFX<>HB' +)K5' E;<F>>FGHHF?L>I
@%$=%;;%&;"=;&9,+=1:l,%;
:P95';;'U.j)M}")B'S1).
R%85' E>HXFX<X;<>B' +)K5' E>HXFX>><H;
ZFM)/85' )-3-#0/"0)*,O1,0M)/8P(,M
@$H:)%%&EIII
9e':,K'<??B'W,".,"'CQ<'G\RB'T]
R%85' E;;F>?FGGHJF<???B' +)K5' E;;F>?FG;?<FHJJJ
ZFM)/85' M)/8Oj-*/8%%>???-4P,&3
Q%*#/0%5' $$$Pj-*/8%%>???-4P,&3
O%#%=>;&+*&-%".%
m)"' :8)"4%"*-&3#0&))0' >X
>X<G'w`'o%"'Y))3B'R1%'U%01%&8)".#
R%86+)K' E' H<FG?FHI?F>?I?
ZFM)/85' 2%)(%8%3%".#O*%N,".01%M)#4P(,M
Q%*#/0%5' $$$P3"P)2(P,&362%)(%8%3%".#
O:*%/O:=P&9,:%=>;2:(/R.2++);
T22#)8)'C(/%"(%'9)&4
CZFGX<'LH'T22#)8)B'C$%.%"
R%85'E;IF<LFX?';H';;B'+)K5'E;IF<LFX?'LX'?H
ZFM)/85' +&/%".#1/2F#(1,,8#O8/+%F8/"4P,&3
O:#$%&>%;&@%$=%;&(+$,&)"&-,+C+1:+=&>%&)"&-":m
9PeP:,K5'>?XXB'W,M}B'R,3,
R%85' E>>LF>>;;L>
ZFM)/85' 8j220,3,O1,0M)/8P(,M
`:=%;&'.1:+=&<"=">"
<><?F<'U/(1,8)#'C0P
e00)$)B'e"0)&/,']<U'G:GB'S)").)
R%85' E<FI<HF>;<FHGGGB' +)K5' E<FI<HF>;;FH;<?
ZFM)/85' M)(/"+,O$%*P"%0
Q%*#/0%5' $$$PM/"%#)(0/,"()").)P(,M
M"1:+=")&-%".%&<+$=.:)
<I>'Y,88,$)N'\,).B'W,".,"'UG'L:\B'T]
R%85' E;;F>?FGFI?JFJIIIB' +)K5' E;;F>?FGFI?JFJGGG
ZFM)/85' "2(O3"P)2(P,&3
M[\&<+"):1:+=&*+,&"=&X=1b)&<,:C:=")&<+$,1
(6,'Qg`B'GGG'TU'98)D)B'U%$'V,&4B'UV<??<GB'TC!
R%85' E<F><>FILGF><GIB' +)K5' E<F><>FXJJF<HH>
ZFM)/85'(/((O/((",$P,&3
Q%*#/0%5' $$$P/((",$P,&3
;>
M$.)%",&a%"(+=;&'H+):1:+=&]"5;&M%17+,P
(6,'g,&'`,01%&'Z)&01'F'C%%'2&%A/,-#'2)3%
ZFM)/85' )F.)N#OM,01%&%)&01P,&3
-"=/'*,:."=&W%.+=.:):"1:+=&<+$=.:)
9e':,K'JHX;B'`)&/")B'W)3,#'S/0NB'U/3%&/)
R%85'E>H;F<FGXJ'?>G?B'+)K5'E>H;F<FGXJ'?H;G
ZFM)/85' ).%"%4)"O"/2,#0P(,MP"3
-"m&<2,:;1:&X=1%,="1:+=")
><'\-%'.-'m/%-K'`)&(1}')-K'@&)/"#
<???':&-##%8#B':%83/-M
R%85'EH>F>FX?>'XXX?B'+)K5'EH>F>FX?>';I>I
ZFM)/85' ,++/(%O2(/P"3,"%0P*%
-%".%&N+"1
HF<;FH' R)4).)",*)*)' >g
C1/"j-4-F4-B'R,4N,B'[)2)"'<IJF??GX
R%85' EL<FHFHHIHFL?;GB' +)K5' EL<FHFHHIHFGXI>
ZFM)/85' 2*38,*)8O2%)(%*,)0P3&Pj2
Q%#/0%5' $$$P2%)(%*,)0P,&3
-%".%&N,:#">%;&X=1%,="1:+=")
X'S)8%.,"/)"'\.B'W,".,"'U<'JowB'T]
R%85'E;;F>?FGG<H'?HJ>B'g)K5'E;;F>?FGLHG'>>J?
ZFM)/85' 2*//,O3"P)2(P,&3
Q%*#/0%5' $$$P/3(P,&362*/
-%".%&<2:)>&X=1%,="1:+=")
R1%'Q1/0%'Y,-#%B':-"0/"3+,&.B'Y%&0#P'C@JJ!YB'T]
R%85' E;;F<GIHF>G;;XJB' +)K5' E;;F<GIHF>G;;I?
ZM)/85' .)A/.O2%)(%(1/8.P,&3
-%".%&9+$=>"1:+=
>J'9&/"(%#'C0&%%0
9e':,K';<<?B'!-(48)".
!,0%)&,)6U=
R%85' EI;FJFHGHF>HGJB' +)K5' EI;FJFHGJF>IIL
ZFM)/85' 2%)(%O+2#P)4P28)"%0P(,P"D
-%".%&W%L:L")&';;+.:"1:+=&+*&0+$12&Y-W'0Z
!220P'>?>B'>H'S6IB'9ZSYC
]!\!SY7FGX;??B' 9!]7CR!U
R%85' EJ>F><F;XH>HJ?B' +)K5' EJ>F><F;X>?GJJ
ZFM)/85' 2&)NO/"%0P(,MP24
-%".%/O:=P;
;I'S/&(-8)&'\,).B'g&%%0,$"B'C/%&&)'W%,"%
g)K5' >H>F>>F>>;;HJ
ZFM)/85' 28)*(%"0&%A".)jjON)1,,P(,M
-%+()%b;&]%.">%&+*&!$C"=&W:#21;&J>$."1:+=
X>I'Q%#0'<<<01'C0&%%0B'C-/0%';Z
U%$'V,&4B'UV'<??>XB'TC!
ZFM)/85' 2.1&%O/3(P)2(P,&3
Q%*#/0%5' $$$P2.1&%P,&3
-++,&-%+()%b;&J.+=+C:.&!$C"=&W:#21;
<"C(":#=
9e':,K'X?IGLB'91/8).%821/)B'9!'<J<H>B'TC!
R%85' E<F><XF>?H<J;XB' +)K5' E<F><XF>?H<JX?
ZFM)/85' 4$&-O8/*%&0N"%0P,&3
Q%*#/0%5' $$$P8/*%&0N"%0P,&364$&-
"#$%&"'&()'*#+,&-(./
1'2&.6&+
-,%;;%&@%$=%
\-%'.%'8^Z(,8%'.%'2,8/(%
:P9P'<><;GB'V),-".}B'S)M%&,-"
R%85' E>HGF>H;<;JB' +)K5' E>HGF>>I>I>
ZFM)/85' 2&%##%j%-"%O()M"%0P(M
Q%*#/0%5' $$$P2&%##%j%-"%()M%&,,"P,&3
-$H):.&`+L%C%=1&`$)1:="1:+=")&[%+,#:"
]%./#'S,MM-"'C0&%%0'<?
HL??XX'R*/8/#/B'@%,&3/)
g)K5' EJJXFH>FJHPXIP;<
ZFM)/85' )&",#0%2ON)1,,P(,M
R%,L:.%&<:L:)&X=1%,="1:+=")
C0'[)(,*#M)&40'L>B'>???'!"0$%&2%"B':%83/-M
R%85'EH>FHF>>I'XG>GB'+)K5'EH>FHF>H>'?H;;
ZFM)/85'#(//"0OK#;)88P*%
Q%*#/0%5' $$$P/"%#P,&36#(/
R%,L:.:+&-"k&5&@$;1:.:"&%=&'C%,:."&O"1:="
[,)h-/"' \%h-%")' <I;>
<<>??' `,"0%A/.%,B'T&-3-)N
R%85'EXJLF>F;?L'XH?<B'+)K5'EXJLF>F;?L'XG?<
ZFM)/85' #%&2)j)8O/"0%&"%0P(,MP-N
Q%*#/0%5' $$$P","A/,8%"(%P,&36#%&2)j6
8%,,%&>%;&!+CC%;&M%12%,)"=>;
=,-0M)"#0&))0' ;>F;;
>X<L'@C'o%"'Y))3B'R1%'U%01%&8)".#
R%85' EH<FG?FH<?X???B' +)K5' EH<FG?FH<?X??<
ZM)/85' #P#(1,80DO0.1P"8
V`8'-\
9%)(%'Z.-()0/,"'9&,j%(0
9e':,K'>GJ>B'o-&*)"B'C,-01'!+&/()
R%85' E>GFH<FH?XFHX?IB' +)K5' E>GFH<FH?<F;?H?
ZFM)/85' -M0)2%O1,0P(,PD)
VMJR<\
G'98)(%'.%'g,"0%",N
GXHX>'9)&/#'?G'C9B'g&)"(%
R%85'EHHF<;XIL'XIHL
Q%*#/0%5' $$$P-"%#(,P,&3
V=:+=&+*&-,+#,%;;:L%&0+$12
<'])&/M'Z8'o)$8)'C0&%%0
R)8))0'Y)&*'Ch-)&%B'S)/&,B'Z3N20
R%85' E>?F>FXGXJ<X>B' +)K5' E>?F>FXGLI>JL
V=:1%>&*+,&X=1%,.$)1$,")&'.1:+=
9,#0*-#';<HB'<???'!]'!M#0%&.)M
R1%' U%01%&8)".#
R%85'EH<F>?FILH';GGLB'+)K5'EH<F>?FILH';XL>
ZFM)/85' -"/0%.O-"/0%.P","F2&,+/0P"8
Q%*#/0%5' $$$P-"/0%.P","F2&,+/0P"8
VM&\**:.%&+*&12%&!:#2&<+CC:;;:+=%,&*+,&!$C"=
W:#21;
9)8)/#'.%#'U)0/,"#B'<><<'@%"%A)'<?B'C$/0D%&8)".
R%85'E;<F>>FJ<G'<>H;B'+)K5'E;<F>>FJ<G'?>;X
Q%*#/0%5' $$$P-"1(1&P(1
(&1'2",&(3%45(&6'.&7%(8%&(45&92+"#8%
V=:1%>&M"1:+=;&!:#2&<+CC:;;:+=%,&*+,&W%*$#%%;
S9'>X??B'<><<'@%"%A)'>B'C$/0D%&8)".
R%85'E;<F>>FGHJ'L<<<B'+)K5'E;<F>>FGHJ'L;;J
Q%*#/0%5' $$$P-"1(&P(1
V=:1%>&M"1:+=;&+*&0+$12&9+$=>"1:+=
m%"%./"' >X
<;;<'!]'9-&M%&%".B'R1%'U%01%&8)".#
R%85' EH<F>JJF;HIF?JHB' +)K5' EH<F>JJF;>GF<>I
ZFM)/85' -",NO)"0%"")P"8
Q%*#/0%5' $$$P-",NP,&3
V=:1%>&M"1:+=;&0+$12&V=:1
>'TU'98)D)B'\M'oS>F<H<;
U%$'V,&4B'UV'<??<GB'TC!
R%85' E<F><>FJIHF<HL?B' +)K5' E<F><>FJIH' H?I>
ZFM)/85' )"3%8$O-"P,&3
Q%*#/0%5' $$$P-"P,&36%#)P#,(.%A6-"N/"P10M
V=:L%,;:15&+*&]%)2:&!"#$%&'((%")&*+,&-%".%
ZFM)/85' 1)2.%81/-"/A%&#/0NO&%./++M)/8P(,M
a",&W%;:;1%,;b&X=1%,="1:+=")
X'S)8%.,"/)"'\.P
W,".,"'U<'JowB'T]
R%85' E;;F>?FG>GLF;?;?B' +)K5' E;;F>?FG>GL' ?;;;
ZFM)/85' $)&&%#/#0%&#O3"P)2(P,&3
Q%*#/0%5' $$$P3"P)2(P,&36$)&&%#/#0%&#
a+C%=b;&X=1b)&O%"#$%&*+,&-%".%&"=>&9,%%>+C
S9'>LB'<'&-%'.%'m)&%M*}
<><<'@%"%A)'>?B'C$/0D%&8)".
R%85' E;<F>>FGHHFI<GXB' +)K5' E;<F>>FG;?F<?IH
ZFM)/85' $/82+O/2&,8/"4P(1
Q%*#/0%5' $$$P$/82+P/"0P(1
a+C%=b;&<%=1,%&*+,&-%".%&?&]%L%)+(C%=1
9e':,K';;<?B'e#1,./B'W)3,#B'U/3%&/)
R%86+)K5' E>H;F<F;J>F;X?<
ZFM)/85' $,2%.O/"+,$%*P)*#P"%0
a+,)>&')):"=.%&+*&0`<';
<>'S8,#F:%8M,"0B'<>?L'@%"%A)B'C$/0D%&8)".
R%85'E;<F>>FL;J'X<??B'+)K5'E;<F>>FL;J'X<<?
ZFM)/85',++/(%ONM()P/"0B'$%*#/0%5'$$$PNM()P/"0
0`<'&X,%)"=>
C0'@%,&3%^#':-/8./"3B'HG6;<'Y/31'C0&%%0
:%8+)#0':R<'>!:B'U,&01%&"'7&%8)".
R%85' E;;F<>H>FH>GGXB' +)K5' E;;F<>H>F;HLL?J
ZFM)/85' 2&,3&)MM%#O*8/##P."%0P(,P-4
0+$12&*+,&!$C"=&W:#21;&J>$."1:+=&M%17+,P
R&)A%##)'.,'S)*&)8'"X'>.0,
<>??F?GH' W/#*,)B' 9,&0-3)8
R%85'EHX<FJ<FG?<'XX'?J
ZFM)/85' #%(&%0)&/)0ON+1&%"PLMP(,M
Q%*#/0%5' $$$PN+1&%"PLMP(,M
;?
© Copyright 2026 Paperzz