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84-F:(9$?*25(%P+0(%3,*5B*256<7&H--%5Y%r7.$3,+(%&*%B(,+*%Z<'57I(%
)5I7&H-P+0(%()%56Y8,<`(-/%56$R$:%0E2%J()C56$R$:F:(9$?*25(%P+0(%8,
*%&'-7+-%?*8&H()%+=*7M()F:(9$?*25(%P+0(%1Y%:(I(%*@Z(%7M*a-%o-1R$:(8_
F:(9$?*3,8,3?(7NFG()-c(7G53'5*?*-:-I-P+0(%()%56YC
56$R$:F:(9$?*25(%P+0(%2%J()-%[7I(%)5I*@Z(%7MFdPe()*a()%HY-I-
()$X(84-7.$3,+*@+()Y%=<35P+0(%()%56Y<,-c((/58A(*@Z(%7MFdPe()*m()
()$X(84-*@+()*m()WMY%n(-?$*%,(%-S0P+0(%()%56Y12B*R$:-,()-0+3,-%5Y%r
Ww@0-,()*%?Y*%Z%56$R$:25(%*B-,()-0+C
5l02B*R$:3,%56$R$:-/<G5R$0(%6<n**%5B*3'5(%0$CB*R$:*%$7&H-
# T-&((,S
%[*5A$(,EY%:(I(%7V*=+@07&H-<M*7X()P+0(%*%$ (FdPe()W0+(%5A$
7X()3G(-G7K(%C
# U23MNV9E:4<W
"
h
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5
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•56$F$?*FdPe()3G(-G7K(%
h•hG(-G7K(%WZ(%R$^(
%&O()Y%IY(,E7&H-FdPe()7V9I-7K(%:(%%&;()-S0%56$F$?*FdPe()
3G(-G7K(%3,3G(-G7K(%WZ(%R$^(7B(W5B(7M()P+0(%*%$C
7&NO8P,</
# N5NO8P,<S
19
!"#$%&
%[*5A$(,EY%:(I(%WZ(%R$^(<M*7X()3G(8&$7M()Ww3,+F:(9$?*25(%
P+0(%*%ZP+0(%()%56YF>*%$7&H-W0+(%5A$7X()8H5(%$n(C
# RN5+,<S
%[*5A$(,EY%:(I(%-o<M*7X()3G(8&$7M()WZ(%R$^(Pv()3,+F:(9$?*
25(%P+0(%*%Z*=+@07&H-W0+(%5A$7X()8H5(%$n(C
# T-&((,<S
%[*5A$(,EY%:(I(%7V*=+@07&H-<M*7X()P+0(%*%$1P+0(%()%56Y (Y%:5
Ww@0W0+(%5A$7X()3G(8&$7M()C
# !,X7K".S
%[*5A$(,EY%:(I(%*G-7M8$^(-%$EV(3G(8&$7M()(%0(%%0E-%n<1*@+()
*r-%*%G()2A1*0-/*%V2B*8$n(7&H-%56$R$:FdPe()80+7M()-S0*m()P+0(%
()%56Y-e*%VC
# U23MNV9EW/
"
h
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@+()7/~•%[*5A$2B*R$:ˆ+0(%*%$‰
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•`()F$?*80+7M()
•G80+7M()WZ(%R$^(
%&O()Y%IY(,E7&H-FdPe()7V9I-7K(%:(%%&;()-S0(`()F$?*80+7M()
3,FG80+7M()WZ(%R$^(7B(W5B(7M()-S0P+0(%*%$C
=/L/Y/%3M#7&E
# RN58;ES
%[*5A$(,EY%:(I(%2%57.$*&<M*7X()-%5Y%rF:(9$?**%Z*=+@07&H-W0+
(%5A$7X()P+0(%*%$C
# RN5+ES
%[*5A$(,EY%:(I(%2%57.$*&<M*7X()-%5Y%rF:(9$?*3,+25(%P+0(%*%Z
*=+@07&H-W0+(%5A$7X()8H5(%$n(C
/>9<=
/>1>jBMFESBWkBMcB?RCJDSZ
v()3'5F4Y%I**@5V(-S09g%M58+,5()&L51-I-F:(Y%i<3N<0E<x--,()
%+,(*%56(Cm(%l()()$EA(856$*%JFO1-+(()&L57gFI()*=+@0(%l()()$EA(856$
(%^(*=+7VY%e-3e-%+(%$ $FdPe()-I-F:(Y%i<<0E<x--,()Y%aW5B(C$M-
-I-%<=()2%+0%]-2…*%$n*-v()3'5(%l()Y%I*<5(%2%+0%]-*@+()8u(%34--J()
()%56Y7g)5\Y-%+(),(%P6*<0E-/(%l()Y%I**@5V(3&H*Wn-C$I*@Z(%Y%I**@5V(
()%56YP6*<0E@07L51*@+()7/-,()-/(%5N$P+0(%()%56Y*%$M--I-*%,(%Y%.(25(%
*BJ()*E-aY%.(1J()*E1+0(%()%56Y*&(%^(1J()*E(%,(&'-1J()
*E85A(P+0(%13,-J()*E"!!™3G(7.$*&-S0(&'-()+,5C:(Y%i<P6*<0E(),E
-,()70P=()1Y%+()Y%\%O(1%HY*%L5*@0()%O(1-%?*8&H()7&H-(^()-0+1)5I-:
-=(%*@0(%(A(()&L5*5A$Pv()Ps-%?Y(%n(F:(Y%i<<0E<x-7&H-F:(9$?**@+()
(&'-CI-2%I-%%,()(&'-()+,5-T()<+()<$G(<$0F:(Y%i<<0E<x-9$?*
2%i$-S0(&'-*02%57IYo()7&H--I-(%$ $3N-%?*8&H()F:(Y%i<1)5I-:3m0
Y%:5-/*r(%-=(%*@0(%3'5-I-F:(Y%i<-S0-I-(&'-2%I-C
/>/>lB??lB?m?@JJnAoB?ACBBSZTUSBMcB?RCJDSZWACJBSD>
22
!"#$%&
Ug%O(—(`<*@J5R$02V*m2%5h56*0<-%r(%*%o-*@;*%,(%*%,(%35A(-S0
‘1-v()3'5(N(25(%*B-:(&'-1(),(%<0E<x-7g3,70()*r-%-4-*%0<)503,+
*5B(*@Z(%-%$()-S0-:(&'-*@+()%M5(%nY25(%*B2%$34-3,*%B)5'51(),E-,()8'(
<=(%13n(%,(%(),E-,()-/R$E*t-17/())/Y8'(3,+R$I*@Z(%Y%I**@5V(-S0(N(
25(%*B*%K*@&L()7K(%%&'()9:%M5-%S()%u01)/YY%.(3,+R$I*@Z(%-J()()%56Y
%/01%56(7=5%/07?*(&'-C%K*@&L()P6*<0E8'(8A(-:3NR$E<J3,(`()84-18,<
*5N(7N-%+(N(25(%*B(&'-*0%c0(%nYF^$3,@M()3,+25(%*BR$G-*B1*=+75N$256(
7V%+,(*%56(%O(%6*%G()Y%IY8$n**@+()25(%*BC
T()(%&-I-(),(%25(%*B2%I-1(`< !" (),(%6*<0EY%:57G5P56(3'5
(%5N$2%/2%`((%&~W5B(7M())5I1<x*Wk()8g5F$?**%?**%&L()18=<Y%I*1b:(%
%&;()8'(7B(%+=*7M()F:(9$?*25(%P+0(%-S0-I-P+0(%()%56Y*@+()(),(%C$E
Y%:57G5<x*3'5@?*(%5N$2%/2%`(*@+()(%l()(`<3m0R$01(%&()3'5F4-G)t()
*mY%r0(%,(&'-3,-:-I-P+0(%()%56Y1(),(%P6*<0E3Q(%+,(*%,(%*G*(%l()
<e-*5A$-%$()-S0(),(%(%&9$?*2%i$%,()<0E<x-3Q(*`()2%Ia(7K(%1*=+
()$X(*%$()+=5*6-%+7?*(&'-)5:5R$EB*-J()`(356-8,<-%+80+7M()b3'5(%l()
*%,(%R$:7/(),(%P6*<0E3Q(*%V%56(7&H-305*@c-S0<Z(%7G53'5F4Y%I**@5V(
25(%*B9g%M5C
%D+*%G()2A-S0(),(%P6*<0E1(`< !" 25<()=-%9$?*2%i$-S0(),(%P6*
0@<D(*F’+@Œ9Y+@*š+5(**+-2+<Y0(EˆŒ‰18,*%,(%35A(-S0*nY7+,(
0-+*D9#<M**nY7+,(-%$EA()50-J()%,()<0E<x-9$?*F0()-%^$$1-%^$…C
%l()F:(Y%i<9$?*2%i$-S0J()*E-aY%.(P6*•<0E9$?*2%i$$B(%&
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-I- (&'- Œ -c( 7&H- 2%I-% %,() (%5N$ (&'- ; %^$ … (%& …1 D95-+1
j@095(CCC&0-%$M()C
hG(U5N$86~—C!!!C!!!C!!!C!!!7X()1*&O()o()3'5—!C!!!-aY%.(C
@eF;-%r(%~•"%0(UZ(%%v()#$B#[(%%m0%5A($B
1>/>"E@JnlB??lB?J?cB?Wcm?@JJnAoBTUSTgBMJZ
J()*E-aY%.(<0E9$?*2%i$$B1*5N(*%^(8,9r()%56Y)50-J()$B17&H-
*%,(%8nY*%D+R$EB*7K(%FG"˜•#”j(),E •”""”"–“˜-S0j*[(%jZ(%
@K%5A(ˆ-T‰C
)0E2%5<'5*%,(%8nY1P+(N(25(%*B(&'-*070()*@+()R$I*@Z(%7a5<'5(A(
-J()*E7g)xY@?*(%5N$2%/2%`(~*%5B$3G(1*@0()*%5B*WK3,*%5B$-:25B(*%o-25(%
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3,+a(7K(%1*m()W&'-*@0()WK<IE</-*%5B*WK17,+*=+-J()(%^(1(%L7/<,(`()
F$?*1-%?*8&H()F:(Y%i<2%J()()m()7&H-(^()-0+C
j&'-3,+25(%P+0(%*@+()-O-%B<'5•-O-%B*%K*@&L()1-T()(%&-I-P+0(%
()%56Y2%I--S0h56*0<1-J()*EaY%.(<0E9$?*2%i$$B2%J()*@I(%2%w5F4
8\()*\()12%/2%`(125(%()%56<25(%P+0(%%.$(%&2%J()-/1F4-=(%*@0(%*@A(*%K
*@&L())0E)t*C%&()3'5F4(|84-R$EB**^<1*484-1*4-&L()1-J()*E7g-G)t()
25
!"#$%&