6,*1$785(*8$&$02/( )8(*2:,1*6 0(6$6$03/(5

$KDQGPL[HGGLSIHDWXULQJDYRFDGRGLFHGWR &ULVS\MXPERFKLFNHQZLQJVVHUYHGGU\ZLWK
)ODXWDV:LQJV-DODSHxRVDQG
PDWRRQLRQDQGFLODQWURVHDVRQHGZLWKVSLFHV )XHJR6D]yQRUZHWZLWKRXUPDQJRFKLSRWOH
0XVKURRPV6HUYHGZLWK3LFRGH*DOOR)XHJR
DQGÀQLVKHGZLWKIUHVKVTXHH]HGOLPH6HUYHG EDUEHTXH6HUYHGZLWK)XHJR5DQFK 
5DQFKDQG6RXU&UHDP
ZLWKZDUPWRUWLOODFKLSV   

)/$0,1*48(62
1$&+2%27$1$
48(62&+((6(',3
6DXWpHGIUHVKWRPDWRHVRQLRQVSHSSHUVPXVK
$ZDUPPLOGO\VSLFHGEOHQGRIFKHGGDUDQG URRPVDQG)XHJR*ULOO·VWXUNH\FKRUL]RVPRWKHUHG 0DNHWKLV\RXURZQ&KRRVHDÀOOLQJWRJRRQWRS
0RQWHUUH\-DFNFKHHVHVWRPDWRHVRQLRQVDQG JHQHURXVO\ZLWKRXUPHOWHGFKHHVHEOHQG6HUYHG RIDOD\HURIFKLSVWKDWZLOOEHVPRWKHUHGLQRXU
URDVWHGSHSSHUV6HUYHGZLWKZDUPWRUWLOODFKSV ZLWKZDUPÁRXUWRUWLOODV PHOWHGFKHHVHEOHQGDQGWKHQFKRRVHWKUHHWRS
        SLQJVWRÀQLVKLWRII
&+25,=2$1'&+((6(086+52206      
&+,&.(1)/$87$6 )LOOLQJV
 ODUJHIUHVKZKLWHPXVKURRPVVWXIIHGZLWKD 5HIULHG%HDQV%ODFN%HDQV*URXQG%HHI6KUHG
$FULVS\FRUQWRUWLOODUROOHGDURXQGVKUHGGHG PL[WXUHRIFKHHVHSHSSHUVVSLQDFKDQG)XHJR GHG&KLFNHQ*ULOOHG9HJJLHV
FKLFNHQDQGVHUYHGZLWK)XHJR*ULOO·V6LJQDWXUH *ULOO·VWXUNH\FKRUL]RJDUQLVKHGZLWKDEDOVDPLF
*XDFDPROHDQG6DOVD UHGXFWLRQ $GGIRU6WHDN6KULPS*ULOOHG&KLFNHQ
      
&+,/,&21&$51( 3$3$6%5$9$6 &KRRVHRIWKHIROORZLQJWRSSLQJV
 
)XHJR*ULOO·V3DSDVWRSSHGZLWKRXU&KLOL&RQ /HWWXFH7RPDWRHV2QLRQV-DODSHxRV*UHHQ
,QKRXVHPDGHFKLOLWRSSHGZLWK)XHJR*ULOO·V
&DUQHDQG4XHVR)LQLVKHGZLWKVRXUFUHDPDQG 2OLYHV%ODFN2OLYHV*UHHQ2QLRQV*UHHQ3HSSHUV
PHOWHGFKHHVHEOHQGDQGÀQLVKHGZLWKVRXUFUHDP
JUHHQRQLRQV  $YRFDGRV 
DQGJUHHQRQLRQ6HUYHGZLWKZDUPÁRXUFKLSVIRU
GLSSLQJ       
678))('-$/$3(f26
48(6$',//$6
     
0(;,&$16+5,03&2&.7$,/
 IUHVKFULVS\MDODSHxRVSRSSHUVVWXIIHGLQKRXVH  
MXPERVKULPSVHWLQDVSLF\KRXVHPDGHWRPDWR ZLWKRXUFKHHVHEOHQGDQGVHUYHGZLWK)XHJR $ODUJHÁRXUWRUWLOODJULOOHGDQGÀOOHGZLWKPHOWHG
EDVHGVDXFHDFFHQWHGZLWKFLWUXVDQGVWXGGHG 5DQFK  FKHHVHDQGRQHRIWKHIROORZLQJ
ZLWKRQLRQVWRPDWRHVSHSSHUVDYRFDGRVDQG *5,//('9(*(7$%/(6
IUHVKKHUEV )8(*2*5,//+80086
67($.
)XHJR*ULOO·VWDNHRQD0HGLWHUUDQHDQFODVVLF
6+5,03 %/$&.%($17267$'$ *5,//('&+,&.(1
NLFNHGXSZLWKD]HVW\EOHQGRIURDVWHGSHSSHUV

ÁDWFULVS\FRUQWRUWLOODVOD\HUHGZLWKEODFN DQG)XHJR6D]yQ6HUYHGZLWKÁRXUFKLSVDQG 6+5,03
EHDQVVKUHGGHGFDEEDJHDQGWRSSHGZLWK0H[L YHJJLHV
%($1 &+((6(
FDQ6KULPS&RFNWDLODQGDYRFDGRFUHPD
 6HUYHGZLWKSLFRGHJDOORVRXUFUHDPDQGOHWWXFH

623$'(/',$&83%2:/ 7$&26$/$'
&+,/,&83%2:/
/RDGHGZLWKIUHVKJURXQGEHHIDQGSLQWREHDQV
LQDZDUPLQJWRPDWREDVHZLWKVPRN\KLQWVRI
$QFKR&KLOHDQGVSLFHVWRSSHGZLWKVKDUSFKHG
GDUFKHHVHDQGJUHHQRQLRQ
 0$1*2&+,327/(&+,&.(16$/$'
5HIULHGEHDQVVDODGJUHHQVIUHVKKHUEVRQLRQV
FXFXPEHUWRPDWRHVJUHHQSHSSHUEODFNROLYHV 0DQJRFKLSRWOHJOD]HGJULOOHGFKLFNHQVHUYHGRYHU
JUHHQROLYHVDQGDYRFDGRWRSSHGZLWKFKRLFHRI DEHGRIVDODGJUHHQVDYRFDGRFXFXPEHUWRPD
WRHVDQGJUHHQSHSSHUVDQG0LFKLJDQFUDQEHUULHV
6WHDN*ULOOHG&KLFNHQ6KULPS WRVVHGLQ)XHJR*ULOO·VFLODQWUROLPHYLQDLJUHWWH

6HUYHGZLWKFULVS\FRUQWRUWLOODVWULSVDQG)XHJR
5DQFK *$5'(16$/$'

&KRRVHDQ\RIRXUVLJQDWXUHIDMLWDVRUPDNHD 67($. 6+5,03

FRPELQDWLRQRINLQGVIRUDQDGGLWLRQDO
$OOIDMLWDVDUHVHUYHGRQDVL]]OLQJSODWHZLWKD
IUHVKPL[RIJULOOHGRQLRQVSHSSHUVWRPDWRHV
DQGPXVKURRPVULFHDQGEHDQVDQGFKRLFHRI
FRUQRUÁRXUWRUWLOODVDFFRPSDQLHGE\OHWWXFH
WRPDWRHVFKHHVHVRXUFUHDPDQGJXDFDPROH
 
&+,&.(1 9(**,(
)$-,7$6)257:2
&KRRVHDQ\WZRRIRXUVLJQDWXUHIDMLWDVWRFUHDWHDJUHDWPHDO
IRUWZRDQGDWKLUGIRU
25'(57+(6($/$&$57(250$.(83<2852:1)$925,7(&20%,1$7,21<28&+226(7+(),//,1*$1'7233,1*6$//,7(06&20(:,7+
&+((6(81/(6627+(5:,6(63(&,),('

7$&26 (1&+,/$'$6 7233,1*6

&ULVS\RUVRIWFRUQRUÁRZHUWRUWLOODVWXIIHGZLWK 6RIWFRUQWRUWLOODGLSSHGLQDQFKRFKLOHVDXFHDQG
7RPDWRHV/HWWXFH2QLRQ*UHHQ3HSSHUV-DODSH
WKHÀOOLQJRI\RXUFKRLFHDQGWRSSLQJV VWXIIHGZLWKWKHÀOOLQJRI\RXUFKRLFHDQGVPRWK
xRV*UHHQ2OLYHV%ODFN2OLYHV&DEEDJH*UHHQ
HUHGLQFKHHVH
2QLRQ&LODQWUR
%855,726
),//,1*6 ,7(0&20%20($/
6RIWÁRXUWRUWLOODVWXIIHGZLWKWKHÀOOLQJRI\RXU
FKRLFHVPRWKHUHGLQFKHHVH &KHHVH5HIULHG%HDQV*URXQG%HHI6KUHGGHG ,7(0&20%20($/
&KLFNHQ*ULOOHG9HJJLHV%ODFN%HDQV%UDLVHG%HHI
,7(0&20%20($/
7267$'$6 7LSV
,7(0&20%20($/
)ODWFULVS\FRUQWRUWLOODWRSSHGZLWK\RXUFKRLFHRI $GGDIRU²6WHDN*ULOOHG&KLFNHQ6KULPS
ÀOOLQJDQGWRSSLQJV 3LFNVLGHVWRÀQLVKRII\RXUFRPERPHDO

0(;,&$167</(*5,//('68%0$5,1(6$1':,&+6(59(':,7+)8(*2*5,//3$3$6

67($.25&+,&.(10,/$1(6$ 7+(1257(f2 7+(9(5$&58=9(**,(%85*(5

6WULSVRIRXUVWHDNRUFKLFNHQ0LODQHVDWRSSHG )UHVKJURXQGEHHIEXUJHUZLWKMDFNFKHHVHMD ,QKRXVHPDGHYHJJLHEXUJHUZLWKRXUKXPXV

ZLWKRXUPHOWHGFKHHVHEOHQGOHWWXFHWRPDWRDQG ODSHxRVOHWWXFHJXDFDPROHDQGFKLSRWOHPD\R )XHJR5DQFKDQGOHWWXFHDQGWRPDWR
ÀQLVKHGZLWKEDOVDPLFUHGXFWLRQ 
 )8(*2*5,//&+25,=2
&$1&81&+,&.(1 7+(´&8&2µ67($.
5HIULHGEHDQVFKRUL]RPHOWHGFKHHVHDYRFDGR
6WULSVRIJULOOHGFKLFNHQEUHDVWEUXVKHGZLWKPDQ 'LFHGFDUQHDVDGDUHIULHGEHDQVJULOOHGRQLRQV OHWWXFHWRPDWRÀQLVKHGZLWKDYRFDGRFUHPD
JRFKLSRWOHJOD]HWRSSHGZLWKOHWWXFHWRPDWR DQGSHSSHUVOHWWXFHWRPDWRDYRFDGRFUHPD

DQGDYRFDGRFUHPD FLODQWUROLPHYLQDLJUHWWH

$GG&KHHVHIRU

%,*6$0·625,*,1$/0(;,&$16$1':,&+ %$-$%855,72 7+()2//2:,1*(175((6$5(6(59(':,7+<285

&+2,&(2)&25125)/2857257,//$6$1'5,&(
+HDUW\OD\HUVRIULFHDQGEHDQVDQGÁRZHUWRUWL $ELJ&DOLIRUQLDVW\OHEXUULWRÀOOHGZLWKVWHDNULFH $1'%($16257:26,'(62)<28535()(5(1&(
OODVWRSSHGRIIZLWKEUDLVHGEHHIWLSVRUVKUHGGHG EHDQVWRPDWRHVOHWWXFHFKHHVHVRXUFUHDPDQG
FKLFNHQDQGVPRWKHUHGLQFKHHVH JXDFDPROHVHUYHGZLWKWZRVLGHV &$51($6$'$

%UDLVHG%HHI7LSV6KUHGGHG&KLFNHQ $FODVVLF0H[LFDQVW\OHJULOOHGULEH\HVWHDNVHUYHG
7$&26$/&$5%21
ZLWKSLFRGHJDOOR
&+,0,&+$1*$ 7KUHHVRIWFRUQRUÁRXUJULOOHGVWHDNWDFRVVHUYHG
ZLWKWZRVLGHVDQGDFFRPSDQLHGE\SLFRGHJDOOR 0,/$1(6$
&ULVS\ÁRXUWRUWLOODVKHOOWRSSHGZLWKJXDFDPROH

OHWWXFHWRPDWRHVDQGVRXUFUHDPÀOOHGZLWK\RXU $FULVS\0H[LFDQVW\OHEUHDGHGFXWOHW
FKRLFHRIWKHIROORZLQJÀOOLQJVDQG\RXUFKRLFHRI
0$+,%($&+7$&26 &+,&.(1
WZRVLGHV
7KUHHJULOOHG0DKLÀVKWDFRVRQVRIWFRUQWRUWLOODV $GG&KHHVHDQG5DQFKHUR6DXFH
*URXQG%HHI6KUHGGHG&KLFNHQ%HDQDQG&KHHVH
ZLWKFDEEDJHFLODQWUROLPHYLQDLJUHWWHDQGDYR 67($.
*ULOOHG9HJJLHV
FDGRFUHPDVHUYHGZLWKWZRVLGHV $GG&KHHVHDQG5DQFKHUR6DXFH

5()5,('%($16 %,*6$0·625,*,1$/0(;,&$15,&( 6,'(2)6285&5($0

%/$&.%($16 %,*6$0·625,*,1$/6/$: 6,'(2)$92&$'2

*5,//('9(**,(6²$6($621$/0,; 6,'(2)*8$&$02/(2548(62',3 (;75$&+((6(

3$3$6)8(*2*5,//·6+20()5,(6 $'',7,21$/9(*(7$%/(7233,1*6
6($621(':,7+6$=Ð1 

$6.<2856(59(5$%2870(18,7(067+$7$5(&22.('7225'(5256(59('5$:&21680,1*5$:2581'(5&22.('0($76328/75<6($)22'6+(//),6+
25(**60$<,1&5($6(<2855,6.2))22'%251(,//1(66