!
"#$%&#'()(*#+#
!""#$%&'()&*+
,"-)&*+)."%)/""#$%&'(+0)/1-)23453)%4+6)&)/""#$%&'()$..$5-)7)+8$54.45&99:0)-3$
&*+)4')-3$);<)("=$%'#$'->+)/4(($+-)$=$%)&--$#8-)-")1+$)-3$)#$*4&)-")-1%');<
:"1-3)&2&:).%"#)*%1(+?)@"19*)-3$:)&5-1&99:)3&=$)*"'$)-3$)%$=$%+$A
!" "!#!$%&'& ,*!&-../0&1*$2&3*)"($*#"!&#'))4($0!"#$%&'((!)&'*+',
!"#$%&'()'*+',"+-&()."/+ +-'!.*+/#$*0!1#2+-!3$+/45&2%!6',/*!"*78*/%$!9/+-!+-'
0-11/+2/3')4'5#$6"/&(/+
%#*0!#:!8&';'$+/$%!*$,!&',2)/$%!<#2+-!,&2%!2('=!>$8&')4
5/(+).)2-(#$'7$-8/+&-(3'4)+
"-&'6)99/$(&: ','$+',!/$!(/?'!*$,!()#8'@!+-'!"*78*/%$!/(!+-'!7#(+
;/(/A0'!(<7A#0!#:!+-'!:','&*0!%#;'&$7'$+B(!)#77/+7'$+
+#!<#2+-!,&2%!8&';'$+/#$C!!D!-#9!+-'!>E!F::/)'!#:!.*4
+/#$*0!5&2%!"#$+&#0!G#0/)<!/$+&#,2)'(!/+(!:0*%(-/8!720+/4
7',/*!)*78*/%$=!HI/(/A0'C!/+!9*(!*$,!/(@!H(<7A#0C
)'&+*/$0<@!A2+!H8&';'$+/#$CJ!.#+!*))#&,/$%!+#!+-'!>E
%#;'&$7'$+B(!#9$!*88#/$+',!';*02*+#&(=
K-'!)*78*/%$B(!A/%!/,'*!9*(!+#!%'+!A&#*,)*(+'&(!+#
,#$*+'!*(!72)-!*/&!+/7'!*%*/$!*(!+-'!%#;'&$7'$+!A#2%-+
:#&!/+(!*$+/4,&2%!*,(=!E##$!/+!A')*7'!7/&',!/$!*))2(*+/#$(
#:!/00'%*0!2('!#:!:','&*0!:2$,(@!/$+'&:'&'$)'!9/+-!(+*+'40';'0
0*97*L/$%@!'M80#/+*+/#$!#:!*!,2A/#2(!0/$L!9/+-!+'&&#&/(7@
)#;'&+!8&#8*%*$,*@!7/(0'*,/$%!*,(@!*$,!8&#:/+''&/$%@"#$#%
A2+!:#&!+-'!>E!)/+/?'$!/$!+-'!(+&''+@!*00!7/%-+!-*;'!A''$
:#&%/;'$!-*,!+-'!)*78*/%$@!/$!/+(!#9$!+'&7(@!(*;',!*+!0'*(+
*!:'9!<#2$%(+'&(!:&#7!,&2%(=!N:!/+!-*(@!+-'<!'02,',!+-'
&'('*&)-'&(=!O'&#!/78*)+!(''7(!*!:*/&!*(('((7'$+@!9/+-
-/$+(!+-*+!(#7'!)-/0,&'$!*)+2*00<!A')*7'!!"#$%/$)0/$',!+#
,&2%!2('!*(!*!&'(20+!#:!+-'!*,(=
P#9!)#20,!#;'&!*!A/00/#$!,#00*&(!*$,!(#!72)-!'M8#4
(2&'!+/7'"!QA<!/+(!0*+'(+!8-*('@!R!/$!ST!+''$*%'&(!9'&'
&'*)-',!*+!0'*(+!:#2&!+/7'(!';'&<!9''LU!-*;'!A''$!'M4
8'$,',!+#!(2)-!0/++0'!'::')+@!8#((/A0<!';'$!8&#7#+/$%!+-'
*++/+2,'(!/+!(#2%-+!+#!)#2$+'&J
!"#$%#&'()*(!+'(&*,!('*'(*-!.#&/"!*/0+#1&)
K-'!A*,!$'9(!(+*&+',!/$!'*&$'(+!/$!VTTV!9-'$!+-'!';*02*4
+#&(!*88#/$+',!A<!+-'!>E!.*+/#$*0!N$(+/+2+'!#$!5&2%
3A2('!&'8#&+',!#$!+-'/&!$*+/#$*0!(2&;'<(!#:!<#2$%!8'#80'
*$,!8*&'$+(=!N$!6*<&!*$,!*%*/$!/$!.#;'7A'&@'!8*&'$+(
7*<!Q/+!9*(!$#+!)#$)02(/;'U!-*;'!&'(8#$,',!*(!/$4
+'$,',!+#!+-'!)*78*/%$@!+*0L/$%!7#&'!+#!+-'/&!)-/04
,&'$!*A#2+!,&2%(!*$,!7#$/+#&/$%!+-'7!7#&'!)0#('0<=
P#9';'&@! /:! +-'<! ,/,@! +-'/&! )-/0,&'$! 9'&'! 2$7#;',=
K-'&'!9'&'!$#!(+*+/(+/)*00<!(/%$/:/)*$+!,')0/$'(!/$!)*$$*4
A/(!2('!*$,!$#$'!#:!+-'!,'(/&',!)-*$%'(!/$!A'0/':(!*$,!*++/4
+2,'(! *A#2+! +-'! ,&2%==! 6#(+! +'00/$%0<@! +-'&'! 9*(! *0(#! $#
+'$,'$)<!:#&!)-/0,&'$!9-#!&')*00',!(''/$%!7#&'!#:!+-'!*,(
+#!-#0,!7#&'!,'(/&*A0'@!*$+/4)*$$*A/(!A'0/':(=
K-'&'!9*(!9#&('=!3!<'*&!+#!SW!7#$+-(!0*+'&@!)-/0,&'$
9-#!-*,!&')*00',!(''/$%!7#&'!#:!+-'!*,(!)#$(/(+'$+0<
&')#&,',! *++/+2,'(! *$,! A'0/':(! *((#)/*+',! 9/+-! &'(
)#$*+$,! )*$$*A/(! 2('=! K-#2%-! #+-'&! /$:02'$)'(
)#20,!$#+!*0+#%'+-'&!A'!'0/7/$*+',@!+-/(!X,'4
0*<',!'::')+B!*$*0<(/(!9*(!+-'!#$'!9-/)-
%#+!)0#('(+!+#!'(+*A0/(-/$%!*!)*2(*0
0/$L!A'+9''$!+-'!)*78*/%$
!! !"#$% &'!% &()*+*(% ,--#.% /0 1223
*$,!-#9!)-/0,&'$!+-#2%-+!*$,!A'-*;',=!N+!9*(!0/7/+',!+#
)-/0,&'$!9-#!*+!+-'!:/&(+!(2&;'<!-*,!$#+!<'+!2(',!)*$$*4
A/(@!(#!&':0')+',!+-'!8#+'$+/*0!:#&!+-'!)*78*/%$!+#!8&';'$+
2('=!N+!*0(#!(#&+',!#2+!+-'!+/7'!('Y2'$)'@!(#!+-*+!+-'
X)*2('B!Q)*78*/%$!'M8#(2&'U!8&')',',!/+(!(288#(',!'::')+(
Q,&2%4&'0*+',!*++/+2,'(!*$,!A'-*;/#2&(U=!Z/$*00<@!/+!+/',
+-'('!'::')+(!+#!+-'!,'%&''!+#!9-/)-!)-/0,&'$!-*,!*)+2*00<
A''$!'M8#(',!+#!+-'!)*78*/%$=
[-*+!/+!:#2$,!9*(!+-*+!+-'!7#&'!*!)-/0,!&')*00',!A'/$%
'M8#(',@!+-'!-$++!0/L'0<!+-'<!0*+'&!9'&'!+#!*A(#02+'0<!&20'
#2+!2(/$%!+-'!,&2%!#&!+#!A'!)#$:/,'$+!+-'<!9#20,!&'(/(+!/:
/+!9'&'!#::'&',!+#!+-'7=!30(#@!+-'!7#&'!+-'<!-*,!A''$
'M8#(',!+#!*$+/4,&2%!*,(!/$!%'$'&*0!Q/$)02,/$%!+-#('!:&#7
+-'!)*78*/%$U@!+-'!0'((!:*;#2&*A0'!9'&'!+-'/&!X$#&7*+/;'B
*((278+/#$(!*A#2+!-#9!7*$<!#:!+-'/&!:&/'$,(!*$,!*%'4
7*+'(!2(',!)*$$*A/(!*$,!+-'!,'%&''!#:!(#)/*0!,/(*88&#;*0
+-'<!'M8')+',!+#!:*)'!/:!+-'<!,/,!+-'!(*7'=!K-'!(*;/$%
%&*)'!9*(!+-*+!+-'&'!9'&'!$#!(/%$(!+-*+!+-'!)*78*/%$!-*,
*)+2*00<!/$)&'*(',!)*$$*A/(!2('!D!#&!$#+!,'+')+*A0<!(#!*$,
$#+!<'+\!+-'!&'('*&)-'&(!)*2+/#$',!+-*+!+-'('!*++/+2,'(!*$,
A'0/':(!9'&'!8#+'$+!-*&A/$%'&(!#:!/$)&'*(',!2('=
K-'!$#&7*+/;'!7'*(2&'(!#::'&',!*!)02'!+#!-#9!*00!+-/(
)#20,!-*;'!-*88'$',=!E2)-!A'0/':(!*A#2+!'M+'$+!#:!2('
*7#$%!#$'B(!8''&(!*$,!*$+/)/8*+',!,/(*88&#;*0!-*;'
'7'&%',!*(!*$!/78#&+*$+!:#)2(!:#&!8&';'$+/#$=(!]2+!$#+
#$0<!9'&'!+-'<!*((#)/*+',!/$!+-'!9&#$%!,/&')+/#$!9/+-
8&/#&!)*78*/%$!'M8#(2&'@!+-'<!-*,!*0(#!7#;',!/$!+-'
9&#$%!,/&')+/#$!*)&#((!+-'!<'*&(!#:!+-'!)*78*/%$!D!H(#7'
#:!+-'!(+&#$%'(+!&'(20+(C!:#2$,!A<!+-'!&'('*&)-'&(=
HN(!/+!8#((/A0'C@!+-'<!*(L',@!H+-*+!+-'!"*78*/%$@!9-/0'
/+(!'M80/)/+!7'((*%'!/(!*$+/4,&2%@!8&#;/,'(!*!(')#$,!/74
80/)/+!7'((*%'!D!+-*+!,&2%(!*&'!*!A/%!8&#A0'7!*$,!+-'/&!2('
/(!9/,'(8&'*,!===!*$,!+-*+!&'(/(+*$)'!^+#!2(/$%!+-'7_!7*<
A'!,/::/)20+JC![-<!'0('@!+-'!<#2$%(+'&(!7/%-+!(2A0/7/4
$*00<!-*;'!&'*(#$',@!9#20,!+-'!%#;'&$7'$+!A'!(#!L''$
+#!9*&$!2(!#:!+-'!)#$('Y2'$)'(!#:!+-'/&!2('!*$,!+#
+-/$L!9'!$'',!-'08!+#!&'(/(+!+-'7J!]'<#$,!+-/(
9*(!+-'!8#((/A/0/+<!+-*+!9-/0'!7#(+!<#2$%
8'#80'!9'&'!2$*::')+',!A<!+-'!*,(@!(#7'
&'('$+',!A'/$%!X+#0,!9-*+!+#!,#B!*$,!&'*)+',
A<!7#;/$%!/$!+-'!#88#(/+'!,/&')+/#$=
-!2*3'1%)*'-*1#--#4/)*5#(0)
G*&+0<!/$!&'(8#$('!+#!+-'('!:/$,/$%(@!/$
VTTV!+-'!<#2+-!)#78#$'$+!#:!+-'!)*74
8*/%$!(-/:+',!+#!9-*+!9*(!)*00',!+-'!6*&/4
`2*$*!N$/+/*+/;'=!K-'!:#)2(!(-*&8'$',!+#!+-'
$'%*+/;'!)#$('Y2'$)'(!#:!)*$$*A/(!2('!*$,
+-'!8&/7*&<!+*&%'+(!7#;',!28!+-'!*%'!&*$%'
:&#7!SSDSa4<'*&4#0,(!+#!SaDSb4<'*&4#0,(=
 !"#$%&#'()(*#+#

*567&899:&;95&59&7<9=>
?95&@@@&5A>B>67&79
<C8A&>:7>&59&D9@
#AE89FE67&GH;7>5
EI9J>K&BE?&L>E5CB>7&H;
9;>&9L&5A>&ED7&M
?C;8A&:H;>0&,*&B>LC7>
59&I>&E;95A>B&DBCN
EIC7>B&5>>;&75E5H75H8@O
"5&PPP@LB>>JHI>@89<
7A>&5>::7&E&F9C;N&LE;0
,1>&;>>D&59&75E;D&C?
L9B&9CB7>:J>7&E;D
I>89<>&H;D>?>;D>;5
5AH;=>B7@O&"&?:EC7HI:>
B>E79;&PAF&5A>&ED
8E<?EHN;&DHD&;95
P9B=&H7&I>8EC7>&79<>
F9C;N75>B7&B>7>;5>D
I>H;N&59:D&PAE5&59&D9@

*;&QRRQ&5A>&D>8H7H9;&PE7&<ED>&59&L98C7&9;&5A>
;>NE5HJ>&89;7>SC>;8>7&9L&8E;;EIH7&C7>@&$A>&?B9I:><
PE7&LH;DH;N&8:>EB&8C5&>TE<?:>7@&UBHJH;N&PAH:>
H;59TH8E5>D&H7&9;>&IC5&5A>&H<?:H>D&:H;=&PH5A&8E;8>B
G,4;>&<EBHVCE;E&V9H;5&89;5EH;7&E7&<C8A&8E;8>B&8EC7H;N
5EB&E7&L9CB&8HNEB>55>7OK&H7&E5&I>75&<H7:>EDH;N0&E5&P9B750
D>:HI>BE5>&78EB><9;N>BH;N@

PPP@<>DHE8E<?EHN;@9BN&!"#$%&#'((!)&#*(
+,$!*-,.#/012#3*-$0*.#4*.!)56"#)&-$0,.#"!$&#(*0
$%&#7&8!,#),79,!2-:
PPP@5A>E;5HDBCN@89<&!"#(*0#9,0&-$"#,-8
PPP@LB>>JHI>@89<#(*0#$%&!0#)%!.80&-:

1223 ,--#.% /0 !"#$% &'!% &()*+*(! !"

 !"#$%&#'()(*#+#
K-'!:#00#9/$%!5')'7A'&@!+-'!(*7'
&'('*&)-!+'*7!&'8#&+',!#$!+-'!)#$('4
Y2'$)'(=)!3%*/$@!8*&'$+(!7/%-+!-*;'!&'*)+',
0*&%'0<!*(!/$+'$,',@!/$!8*&+/)20*&!A<!+*0L/$%
+#!+-'/&!)-/0,&'$=!K-'!'M)'8+/#$!+-/(!+/7'
9*(!+-*+!+-'&'!9*(!$#!';/,'$)'!#:!/78&#;',
7#$/+#&/$%!#:!+-'/&!)-/0,&'$!D!9#&&</$%@
A')*2('!+-/(!9*(!+-'!:#)2(!#:!+-'!8*&'$+*0
)*78*/%$!*$,!(''7',!(+&#$%0<!8&#+')+/;'
*%*/$(+!)*$$*A/(!2('=!c'%*&,0'((!#:!+-'
8#((/A0'!/78*)+(!#$!8*&'$+(@!+-'&'!9*(!$#
';/,'$)'!+-*+!*(!*!&'(20+!+-'/&!)-/0,&'$B(
A'0/':(!#&!A'-*;/#2&(!-*,!)-*$%',=
6#(+!,/(8/&/+/$%!9*(!+-'!:/$,/$%!+-*+!Q*(
A':#&'!*$,!,'(8/+'!+-'!&';*78',!*,(U!*7#$% +-'!0'*(+!'::')+/;'!#:!+-'!A2$)-@!#$0<!7*&4
+''$(!<'+!+#!+&<!)*$$*A/(@!+-#('!7#(+!'M4
8#(',!+#!+-'!)*78*/%$!9'&'!$#!7#&'!0/L'0<
+-*$!+-'!&'(+!+#!'M8&'((!A'0/':(!#&!/$+'$+/#$(
/$,/)*+/;'!#:!)#$+/$2',!*A(+/$'$)'=!K-/(
+/7'!*+!0'*(+!+-'&'!9'&'!$#!)0'*&!$'%*+/;'
:/$,/$%(=!P#9';'&@!0/++0'!)#7:#&+!)#20,!A'
+*L'$!:&#7!+-/(=!K-'!+/7/$%!#:!+-'!0*+'(+
(2&;'<!-*,!7'*$+!+-*+!+-'!,'0*<',!'::')+
*$*0<(/(!9-/)-!-*,!8&';/#2(0<!/,'$+/:/',
+-'('!)#20,!$#+!A'!&'80/)*+',=!K-'!8#((/A/04 !"#$%!&'(")*'#$+!',("-*'+!.'(%))"),/ 0/(-',!*!)#77/((/#$!+#!H9#&L!0/L'!+/&'0'((
/+<!&'7*/$',!+-*+!-*,!/+!A''$@!+-'!(*7'!+<8' .%,&0%,*.'+,'+!'*.01+#%"!+2'"0#)*+1$'3)"4*1# A0##,-#2$,(!+#!&##+!#2+!%#;4
#:!:/$,/$%(!9#20,!-*;'!'7'&%',=
K-#2%-!+-/(!)#20,!$#+!A'!,/&')+0<!0/$L',
+#!+-'!*,(@!+-'!9#&&</$%!+&'$,!/$!$#&7*+/;'
A'0/':(!-*,!)#$+/$2',=!F;'&!+-'!<'*&(!#:!+-'
)*78*/%$@!)-/0,&'$!)*7'!+#!8'&)'/;'!7#&'
)*$$*A/(!2('!*7#$%!+-'/&!8''&(!*$,!+#
'M8')+!0'((!(#)/*0!,/(*88&#;*0!(-#20,!+-'<
*0(#!2('!+-'!,&2%=
"#$)02(/#$J!HK-'!6*&/`2*$*!N$/+/*+/;'B(
:#)2(',!*$*0<('(!8&#;/,'!&'(20+(!0*&%'0<
)#$(/(+'$+!9/+-!$#!"*78*/%$!'::')+(!#$
<#2+-=C)!K-'!F::/)'!#:!.*+/#$*0!5&2%!"#$4
+&#0!G#0/)<!)#2$+'&',!+-/(!;'&,/)+!9/+-!9-*+
/+!(*9!*(!7#&'!8&#7/(/$%!:/$,/$%(!'0('4
9-'&'@*#!+!A2+!(/$)'!/+!)*7'!:&#7!+-'!%#;'&$4 -#9!+-'!)-/0,&'$!&'*)+',@!+-'!-*&,4-/++/$%
7'$+B(!#::/)/*00<!*88#/$+',!';*02*+#&(@!+-'
*++'78+!:*/0',!+#!&'*((2&'!>E!"#$%&'((/#$*0
()&2+/$''&(!!#&!+#!(/0'$)'!+-'!)&/+/)(=
2#&15*'%&*3'(*&5!*4''0!(#-.
F$'!#:!+-'!#+-'&!)-*$%'(!/$+&#,2)',!A<!+-'
6*&/`2*$*!N$/+/*+/;'!9*(!+#!7#&'!&/%#&#2(0<
+'(+!*,(!#$!*!(*780'!#:!+-'!*2,/'$)'!A':#&'
&'0'*(/$%!+-'7=!c'('*&)-'&(!(-#9',!-#9
/78#&+*$+!+-/(!9*(!9-'$!+-'<!+'(+',!dT!*,(
8&#,2)',!A<!+-'!G*&+$'&(-/8!:#&!*!5&2%
Z&''!37'&/)*@!+-'!8&/;*+'@!$#$48&#:/+!#&4
%*$/(*+/#$!9-/)-!8&#,2)',!7#(+!#:!+-'!>E
%#;'&$7'$+B(!)*78*/%$!*,(!D!(';'&*0!#:!+-'
&'('*&)-',!*,(!:'*+2&',!/$!+-'!'*&0<!(+*%'(!#:
+-'!)*78*/%$= !K-'!&'(20+(!%/;'!*$!/$(/%-+
!!
/$+#!-#9!+-'!)*78*/%$!7/%-+!-*;'!-*,
)#2$+'&48&#,2)+/;'!'::')+(=
K-'!(+2,<!&')&2/+',!dbTW!>E!7/,,0'!*$,
-/%-!()-##0!828/0(!+#!;/'9!+-'!dT!*,(!*$,
*(('((!-#9!'::')+/;'0<!'*)-!9#20,!+2&$!+-'/&
8''&(!*9*<!:&#7!2(/$%!,&2%(=!"!3!8&#4
%&*77'!*A#2+!;/,'#!*$,!$'9(!8&#,2)+/#$
+')-$/Y2'(!9*(!2(',!*(!*!)#$+&#0!)#$,/+/#$
*%*/$(+!9-/)-!+#!)#78*&'!+-'!*,(=!37*?4
/$%0<@!(/M!9'&'!(''$!*(!-$++!'::')+/;'!+-*$!+-/( ;3(,&(.&!(,&!@'&%-S%,>(,)%&!$%3>-&;#K!D%(#&"1$%=$5#()
!# !"#$% &'!% &()*+*(% ,--#.% /0
)#78*&*+#&!D!#&@!82+!*$#+-'&!9*<@!)#78*&',
+#!$'2+&*00<!9*+)-/$%!KI@!+-'<!9'&'!(''$!*(
*)+2*00<!.#"!"/&'0!,&2%!2('=!3$#+-'&!'/%-+
9'&'!(''$!*(!'Y2*00<!Q/$U'::')+/;'@!0'*;/$%
#$0<!`2(+!#;'&!-*0:!8'&:#&7/$%!A'++'&!+-*$!*
8&#%&*77'!$#+!/$+'$,',!+#!A'!*$+/4,&2%!*+
*00!*$,!9-/)-!/$)02,',!#$0<!*!:'9!/$)/,'$+*0
(-#+(!;*%2'0<!&'0*+',!+#!+-'!+#8/)=
e/;'$!+-'!)*78*/%$B(!0*+'&!:#)2(!#$
)*$$*A/(@!/+!9*(!$#+!*!%##,!8#&+'$+!+-*+!+9#4 &'`')+',!+-'!%*+'9*<!,'8/)+/#$!A')*2('!/+
+-/&,(!#:!+-'!8##&48'&:#&7/$%!*,(!:#)2(',
#$!+-/(!,&2%=!N$!)#$+&*(+@!`2(+!+9#!#:!+-'!*,(
9-/)-!#2+8'&:#&7',!+-'!)#$+&#0!8&#4
%&*77'!:#)2(',!#$!)*$$*A/(@!*$,!#$'!9*(
%/$*00<!A'++'&!+-*$!+-'!)#$+&#0!8&#%&*77'=
.#&!2#6*&#1&/1*1'%-&!(7+('8%1&/"!
F$'!#:!+-'!+9#!)*$$*A/(!*,(!9-/)-!,/,
(#7'9-*+!/78&'((!+-'!<#2$%!;/'9'&(!9*(!*
,&*7*+/)!,'8/)+/#$!#:!+-'!X%*+'9*<B!+-'#&<!D
*!+''$*%'!%/&0!&')#2$+/$%!-#9!+-'!:/&(+!,&2%
(-'!2(',!9*(!)*$$*A/(@!+-/$L/$%!HNB,!$';'&
-*;'!*!&'*0!8&#A0'7!9/+-!/+C@!#$0<!+#!,';'0#8
*$!*88'+/+'!9-/)-!(##$!'()*0*+',!+#!H)&*)L!===
*$%'0!,2(+@!';'&<+-/$%C=
3$!#::(-##+!#:!+-'!(+2,<!&'8#&+',!*A#;'
';*02*+',!+-/(!+*)+/)=!$!Z&#7!()-##0(!/$
G-/0*,'08-/*@!aSW!828/0(!9'&'!&*$,#70<
*00#)*+',!+#!;/'9!#$'!#:!:#2&!;'&(/#$(!#:!*
KI!8&#%&*77'=!F$'!/$)02,',!*!('Y2'$)'!#: 1#2+-!3$+/45&2%!6',/*!"*78*/%$f!H"#$4
*,(!9-/)-!!&*77',!-#7'!+-'!%*+'9*<
7'((*%'f!:#2&!%&*8-/)!,'8/)+/#$(!#:!+-'
)#$('Y2'$)'(!#:!X-*&,B!,&2%!2('!'$,/$%!9/+- 8&#%&*7!/(!$#+-/$%!7#&'!+-*$!(7#L'!*$,
+-'!+''$*%'!%/&0B(!*))#2$+!#:!-#9!/+!)*$!*00
(+*&+!9/+-!)*$$*A/(=!K-'!)#$+&#0!)#$,/+/#$
9*(!+-'!KI!8&#%&*77'!9/+-#2+!+-'!*,(=
37*?/$%0<@!#$!*00!+-'!7*$<!7'*(2&'(!#:
%*+'9*<!('Y2'$)'!0':+!+-'7!:''0/$%!!"#$
8#(/+/;'!*A#2+!)*$$*A/(!*$,!7#&'!0/L'0<!+#
(*<!+-'<!9#20,!2('!+-'!,&2%=!F$!+-'/&!#9$@
$#$'!#:!+-'!,/::'&'$)'(!9*(!(+*+/(+/)*00<
(/%$/:/)*$+@!A2+!+-/(!*%%&'%*+/#$!#:!9&#$%4
9*<4&#2$,!#2+)#7'(!Q9-/)-!/$)02,',!*
$'*&!(/%$/:/)*$+!9'*L'$/$%!#:!A'0/':!/$!+-'
%*+'9*<!+-'#&<!/+('0:U!9*(!*!(+&#$%!/$,/)*4
+/#$!#:!*!A##7'&*$%!'::')+=
!"#"!"$%"&
!!"""#$%&'()($*('+,#-.+/!01!2)3-4%.!0556#
"!7&&8!9#!!"#$%&$'#()*+$,-.$/",0%&"1$2%(,-$3&,045#()
6.'0"$7"89"0)&#!:-,+.%;;'-,(<!=%;%(.)>!?%.@')%/!06
9(.)>!055A#
#!B.%,)>!C#!:9$0&$*8%;.+$<==0>.$%=$/",0%&"1$5#()$7%&,#%1
?%10>@A*$B"*,.'$.==%#,*$0&$,-.$B"#$%&$'#()*#!:'3'D%,;!C+(',;3 6.'0"$7"89"0)&#!2PP')%!-P!R(3'-,(<!T.Q+!:-,3.-<!Z-<')8/!0A
E-@%.,$%,3!F(;3%/!0556#
$!F(<<()G!H#!IE--&!',3%,3'-,;!+-,%!".-,+JK!C#0,0*-$6.'0>"1
D%(#&"1L!0555/!M05/!*#!N6N#
%!O-.,'G!=#!EF"1(",0%&$%=$,-.$/",0%&"1$2%(,-$3&,045#()
6.'0"$7"89"0)&+$=%(#,-$*.804"&&("1$#.9%#,$%=$=0&'0&)*#
F%;3(3!(,&!C,,%,4%.+!?)>--<!P-.!:-$$Q,')(3'-,/!9(8
0550#
&!O-.,'G!=#!EF"1(",0%&$%=$,-.$/",0%&"1$2%(,-$3&,045#()
6.'0"$7"89"0)&+!=0=,-$*.804"&&("1$#.9%#,$%=$=0&'0&)*#
F%;3(3!(,&!C,,%,4%.+!?)>--<!P-.!:-$$Q,')(3'-,/!R-@%$S
4%.!0550#
'!TQ;%,4Q.8!H#C#!.,$"1#!IU%()>%.!3.(',',+!',!,-.$!;%33',+
(**.-()>%;!3-!&.Q+!%&Q)(3'-,L!(!*'<-3!;3Q&8!)-$*(.',+
1223
N+!-*88'$',!*+!0'*(+!8*&+0<!A')*2('!+-'
A20L!#:!)-/0,&'$!2$0/L'0<!+#!2('!)*$$*A/(
*$<-#9!9'&'!2$7#;',!A<!+-'!*,(@!9-/0'
+-#('!7#(+!0/L'0<!+#!2('!Q7*$<!/:!$#+!7#(+
7*<!*0&'*,<!-*;'!,#$'!(#!D!+-/(!)#20,!$#+!A'
,/&')+0<!*()'&+*/$',U!+'$,',!+#!H7#;'!+#4
9*&,(!,/(A'0/';/$%!+-*+!&'%20*&!7*&/`2*$*
2('!-*(!$'%*+/;'!)#$('Y2'$)'(C=!K-'!&'4
('*&)-'&(!)#$`')+2&',!+-*+!+-'('!)-/0,&'$
9*(!)#$+&*,/)+',!A<!+-'/&!#9$!'M8'&/'$)'(@!*
(8')20*+/#$!(+&'$%+-'$',!A<!+-'!:*)+!+-*+
+-'('!<#2$%(+'&(!9'&'!/$,'',!+-'!#$'(!7#(+
()'8+/)*0!*A#2+!)*$$*A/(!0'*,/$%!+#!-*&,'&
,&2%(=!K-'!28(-#+!9*(!+-*+!)-/0,&'$!9-#
-*,!0/++0'!&##7!+#!A')#7'!7#&'!*$+/4)*$$*4
A/(!9'&'!2$*::')+',@!9-/0'!+-#('!9/+-!*
7#&'!8&#4)*$$*A/(!8&#:/0'!&/)#)-'+',!/$!+-'
9&#$%!,/&')+/#$=
#*2#)&!*'3*0'-!69
K-'!$#$48*&+/(*$!"/+/?'$(!3%*/$(+!e#;'&$4
7'$+![*(+'!*%'$)<!)*&&/'(!#$!+-'!9#&L
(+*&+',!A<!G&'(/,'$+!c'*%*$!9-'$!-'!'(+*A4
'&$7'$+!/$'::/)/'$)<!*$,!9*(+'!#:!+*M!,#04
0*&(=C!N$!6*<!VTTg!+-'<!&'8#&+',!#$!+-'
F::/)'!#:!.*+/#$*0!5&2%!"#$+&#0!G#0/)<B(
*$+/4,&2%!8&#`')+(=$
F$'!#:!+-'!+9#!+-'<!/,'$+/:/',!*(!+-'
A/%%'(+!,#00*&!,&*/$'&(!9*(!+-'!.*+/#$*0
%&'((!&#00',!+*M8*<'&(!/$+#!*!,/+)-!#:!9'',(
A<!:2$,/$%!+-'!===!"*78*/%$=!F.5"GB(
7/&&#&(@!,/(%2/(',!*(!*$!',2)*+/#$*0!#2+4
&'*)-!8&#`')+!A2+!)&'*+',!+#!/$:02'$)'!(+*+'
7*&/`2*$*!/$/+/*+/;'(!===!+-'!)*78*/%$!;/#4
0*+',!:','&*0!8&#8*%*$,*!0*9(@!,/,!$#+!&'4
,2)'!,&2%!2('!*7#$%(+!37'&/)*B(!<#2+-@
*$,!-*(!8&#,2)',!$#!(/%$/:/)*$+!&'(20+(=C
Z#&!9#20,4A'!7',/*!)*78*/%$'&(@!+-'
)*78*/%$!/(!*0(#!*$!#A`')+!0'((#$!/$!+-'
,/::/)20+<!#:!7#;/$%!+-#('!9-#!*0&'*,<!-#0,
*$+/4,&2%!*++/+2,'(!';'$!:2&+-'&!+#9*&,(!+-'
*$+/4'$,@!*$,!+-'!&/(L!+-*+!/$!+-'!8&#)'((@
+-#('!0'((!)#$;/$)',!A<!+-'('!*&%27'$+(
9/00!A'!*)+/;*+',!+#!&'`')+!+-'7@!8&#,2)/$%
*$!'::')+!#88#(/+'!+#!+-*+!/$+'$,',=
E'(>",0%&L!055MV!MMWMX/!*#!M06YMMN#
(!O-.,'G!=#!EF"1(",0%&$%=$,-.$/",0%&"1$2%(,-$3&,045#()
6.'0"$7"89"0)&+!GHHI$#.9%#,$%=$=0&'0&)*#!F%;3(3!(,&
C,,%,4%.+!?)>--<!P-.!:-$$Q,')(3'-,/!T%)%$4%.!055M#
)!JB%$&.B$*,('0.*$*-%B$.==.>,0F.&.**$%=$2%(,-$3&,04'#()
?%*3%$4%./!055M#
!*!J..&$'#()$"K(*.$'.>10&.*$">#%**$B0'.$=#%&,#!2PP')%!-P
R(3'-,(<!T.Q+!:-,3.-<!Z-<')8/!1[!T%)%$4%.!055M#
!!!9):(PP.%8!\#=#!L&F.*,0&)$0&$%(#$&",0%&A*$@%(,-M$/",0%&"1
2%(,-$3&,045#()$6.'0"$7"89"0)&+$?-"*.$00$N=0&"1$#.9%#,X#
2PP')%!-P!R(3'-,(<!T.Q+!:-,3.-<!Z-<')8/!]Q,%!1[[[#
!"!B';>4%',!9#!.,$"1#!IC@-'&',+!3>%!4--$%.(,+L!3%;3',+!3>%
.%<(3'@%!%PP%)3'@%,%;;!-P!(,3'&.Q+!*Q4<')!;%.@')%!(,,-Q,)%S
$%,3;!4%P-.%!(!,(3'-,(<!)($*('+,#K!38.#0>"&$D%(#&"1$%=
?(K10>$O."1,-L!0550/![0W0X/!*#!0M^Y0A6#
!#!_D%.!9#:#!.,$"1#!IU>%!%PP%)3'@%,%;;!-P!+(3%"(8!)-$$QS
,')(3'-,;!',!(,3'S$(.'`Q(,(!)($*('+,;#K!D%(#&"1$%=$O."1,-
7%88(&0>",0%&L!055M/!^/!*#!10[Y1AM#