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Manual de instrucciones

GA 55+, GA 75+, GA 90

Nota de Copyright

Se prohibe cualquier uso no autorizado o la copia de los contenidos o de


cualquier parte de los mismos.

Esto se aplica en particular a marcas comerciales, denominacin de


modelos, nmero de las piezas y diseos.

Fecha de impresin ......... 14/12/2005

Atlas Copco
www.atlascopco.com
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CDKGTVQ[DNQSWGCFQCPVGUFGTGCNK\CTEWCNSWKGTOCPVGPKOKGPVQQTGRCTCEKP2CTCOC[QTUGIWTKFCF
NCURGTUQPCUSWGCEEKQPCPGSWKRQURQTEQPVTQNTGOQVQFGDGPVQOCTNCURTGECWEKQPGUCFGEWCFCU
RCTCCUGIWTCTUGFGSWGPCFKGGUVXGTKHKECPFQNCOSWKPCQVTCDCLCPFQGPGNNC#GUVGHKPUG
EQNQECTWPCXKUQCFXKTVKGPFQSWGGNGSWKRQGPEWGUVKPCTTCPECRQTEQPVTQNTGOQVQ
CFKUVCPEKC 
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CFGEWCFQFGCKTGFGTGHTKIGTCEKP[SWGGNCKTGFGGUECRGPQTGEKTEWNGCNCGPVTCFC
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TGCNK\CTUGCVKGTTC[RTQVGIGTUGFGEQTVQEKTEWKVQURQTOGFKQFGHWUKDNGUGPVQFCUNCUHCUGU&GDG
KPUVCNCTUGWPKPVGTTWRVQTUGRCTCFQTFGGPGTICGNEVTKECEQPEKGTTGEGTECFGNEQORTGUQT
 'POSWKPCUEQPUKUVGOCFGCTTCPSWGRCTCFCCWVQOVKEQQUKGUVCEVKXCFCNCHWPEKPFG
TGCTTCPSWGCWVQOVKEQFGURWUFGKPVGTTWREKPFGNXQNVCLGUGHKLCTEGTECFGNVCDNGTQFG
KPUVTWOGPVQUWPECTVGNSWGFKIC'UVCOSWKPCRWGFGRQPGTUGGPOCTEJCUKPRTGXKQCXKUQ
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XNXWNCUFGTGVGPEKP RCTCCKUNCT
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OSWKPCSWGXC[CCEQPVGPGTCKTGCRTGUKPUWRGTKQTCNCCVOQUHTKECUGRTQVGIGTEQPWP
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ICUKPGTVG'NVTCVCOKGPVQFGQVTQUVKRQUFGICUGZKIGRTGECWEKQPGUCFKEKQPCNGURTQRKCU
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TGUWNVCPVGFGNPQEWORNKOKGPVQFGGUVCURTGECWEKQPGUQFGNCPQ
QDUGTXCEKPFGNCRTGECWEKPJCDKVWCN[GNFGDKFQEWKFCFQGPNCKPUVCNCEKP
OCPGLQOCPVGPKOKGPVQQTGRCTCEKPCWPSWGPQUGJC[COGPEKQPCFQ
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XQNVCLG[FGURTGUWTKEGGNEQORTGUQT#FGOUUGCDTKT[UGDNQSWGCTGNKPVGTTWRVQTUGRCTCFQTFG
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WPCOCPIWGTCQVWDGTCCUGITGUGFGSWGUGUWLGVCHKTOGOGPVGGNGZVTGOQCDKGTVQ7PGZVTGOQ
NKDTGIQNRGCTEQOQWPNVKIQ[RQFTECWUCTNGUKQPGU#UGITGUGFGSWGNCUOCPIWGTCUGUVP
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RCTCCUGIWTCTUGFGSWGPCFKGGUVXGTKHKECPFQNCOSWKPCQVTCDCLCPFQGPGNNC#GUVGHKPUG
EQNQECTWPCXKUQCFXKTVKGPFQSWGGNGSWKRQGPEWGUVKPCTTCPECRQTEQPVTQNTGOQVQ
CFKUVCPEKC 
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KPHNCOCDNGUQVZKECU
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RWGTVC
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6QFCUNCUOCPIWGTCU[QVWDGTCUFGPVTQFGNITWRQUGGPEWGPVTCPGPDWGPCUEQPFKEKQPGUDKGP
UWLGVCU[SWGPQUGTQ\CP
0QGZKUVGPHWICU
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6QFQUNQUECDNGUGNEVTKEQUUGGPEWGPVTCPUGIWTQU[GPDWGPCUEQPFKEKQPGU
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RQTGUECOCUQRKPVWTC
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OCPIWGTCUGVEUGGPEWGPVTCPGPDWGPGUVCFQUKPFGUICUVGUCPQTOCNGU[VTCVCFQU
CFGEWCFCOGPVG
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RGLRCTCECNGPVCTWPVCNNGTJC[SWGVQOCTRTGECWEKQPGUEQPVTCNCRQNWEKP[EQPVCOKPCEKP
GXGPVWCNFGNCKTGTGURKTCDNG
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 0WPECCPWNGPKOCPKRWNGNQUFKURQUKVKXQUFGUGIWTKFCFPKNCURTQVGEEKQPGUQNQUCKUNCOKGPVQU
OQPVCFQUGPNCOSWKPC%CFCFGRUKVQCRTGUKPQFKURQUKVKXQCWZKNKCTKPUVCNCFQHWGTCFGNC
OSWKPCSWGXC[CCEQPVGPGTCKTGCRTGUKPUWRGTKQTCNCCVOQUHTKECUGRTQVGIGTEQPWP
FKURQUKVKXQQFKURQUKVKXQURCTCGXCEWCTFKEJCRTGUKPUKGUVQHWGTCPGEGUCTKQ

%QPUWNVGVCODKPNCURTGECWEKQPGUFGUGIWTKFCFUKIWKGPVGU2TGECWEKQPGUFGUGIWTKFCF
FWTCPVGKPUVCNCEKP[2TGECWEKQPGUFGUGIWTKFCFFWTCPVGOCPVGPKOKGPVQ
.CURTGUGPVGURTGECWEKQPGUUQPXNKFCURCTCOSWKPCUSWGVTCVGPQEQPUWOCPCKTGQ
ICUKPGTVG'NVTCVCOKGPVQFGQVTQUGURGEKGUFGICUGZKIGRTGECWEKQPGUCFKEKQPCNGU
RTQRKCUFGNCCRNKECEKPSWGPQHKIWTCPGPGNVGZVQCNRKG
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OSWKPCU[GSWKRQURQTEQPUKIWKGPVGRWGFGSWGCNIWPCUKPFKECEKQPGUPQTGUWNVGP
UKGORTGCRNKECDNGUCNCOSWKPC


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 5KEWCNSWKGTKPFKECEKPFGNCUSWGUGEKVCPCEQPVKPWCEKPPQEWORNKGTCEQPNCNGIKUNCEKPNQECNUG
CRNKECTNCOUGUVTKEVC
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CWVQTK\CFQ[EQORGVGPVG
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CKTGEQORTKOKFQFGDGUGTRWTKHKECFQEQTTGEVCOGPVGRCTCGUVGWUQEQPHQTOGCNCUPQTOCU[NG[GU
NQECNGU
 #PVGUFGGORG\CTGNVTCDCLQFGOCPVGPKOKGPVQTGRCTCEKPQCLWUVGQEQORTQDCEKPFKUVKPVCFGNC
CVGPEKPTWVKPCTKCRCTGGNEQORTGUQTRWNUGGNDQVPFGRCTCFCFGGOGTIGPEKCFGUEQPGEVGGN
XQNVCLG[FGURTGUWTKEGGNEQORTGUQT#FGOUUGCDTKT[UGDNQSWGCTGNKPVGTTWRVQTUGRCTCFQTFG
GPGTICGNEVTKEC
 0QLWGIWGPWPECEQPGNCKTGEQORTKOKFQ0QNQCRNKSWGCNCRKGNPKFKTKLCEJQTTQUFGCKTGCPKPIWPC
RGTUQPC0QWVKNKEGPWPECGNCKTGEQORTKOKFQRCTCNKORKCTUGNCTQRC#NWUCTNQRCTCNKORKCTGNGSWKRQ
JICNQEQPOWEJQEWKFCFQ[RTQVLCUGNQUQLQU

2TGECWEKQPGUFGUGIWTKFCFFWTCPVGOCPVGPKOKGPVQQTGRCTCEKQPGU
 2PICUGUKGORTGWPCUICHCUFGUGIWTKFCF
 7UGUQNCOGPVGNCUJGTTCOKGPVCUCFGEWCFCUCNVTCDCLQFGOCPVGPKOKGPVQ[TGRCTCEKP
 5NQRQFTPWVKNK\CTUGTGRWGUVQUQTKIKPCNGU
 .QUVTCDCLQUFGOCPVGPKOKGPVQUGNNGXCTPCECDQPKECOGPVGEWCPFQNCOSWKPCUGJC[CGPHTKCFQ
 #FGOUGNGSWKRQFGCTTCPSWGFGDGNNGXCTWPECTVGNSWGFKICRGLUGGUVVTCDCLCPFQPQRQPGTGP
OCTEJC
 .CURGTUQPCUSWGCEEKQPCPGSWKRQURQTEQPVTQNTGOQVQFGDGPVQOCTNCURTGECWEKQPGUCFGEWCFCU
RCTCCUGIWTCTUGFGSWGPCFKGGUVXGTKHKECPFQNCOSWKPCQVTCDCLCPFQGPGNNC#GUVGHKPUG
EQNQECTWPCXKUQCFXKTVKGPFQSWGGNGSWKRQGPEWGUVKPCTTCPECRQTEQPVTQNTGOQVQ
CFKUVCPEKC 
 %KGTTGNCXNXWNCFGUCNKFCFGCKTGCPVGUFGEQPGEVCTQFGUEQPGEVCTWPCVWDGTC
 #PVGUFGFGUOQPVCTEWCNSWKGTEQORQPGPVGRTGUWTK\CFQCUNGGNITWRQFGVQFCUNCUHWGPVGUFG
RTGUKP[CNKXKGVQFQGNUKUVGOCFGRTGUKP
 0WPECWUGFKUQNXGPVGUKPHNCOCDNGUPKVGVTCENQTWTQFGECTDQPQRCTCNKORKCTNCURKG\CU6QOGOGFKFCU
FGUGIWTKFCFEQPVTCXCRQTGUVZKEQUFGNSWKFQUFGNKORKG\C
 'ZVTGOGNCNKORKG\CFWTCPVGNQUVTCDCLQUFGOCPVGPKOKGPVQ[TGRCTCEKP%WDTCNCURKG\CU[NCU
CDGTVWTCUEQPWPRCQNKORKQRCRGNQEKPVCCFJGUKXCGXKVCPFQCUSWGRGPGVTGRQNXQ


/CPWCNFGKPUVTWEEKQPGU

 0WPECUWGNFGPKNNGXGCECDQPKPIWPCQRGTCEKPSWGKORNKSWGGNWUQFGECNQTEGTECFGNUKUVGOCFG
CEGKVG.QUVCPSWGUFGCEGKVGFGDGPRWTICTUGEQORNGVCOGPVGEQPXCRQTRQTGLGORNQCPVGUFG
GHGEVWCTVCNGUQRGTCEKQPGU0QUWGNFGPKOQFKHKSWGPWPECTGEKRKGPVGUCRTGUKP
 #NCOGPQTUGCNQUQURGEJCFGUQDTGECNGPVCOKGPVQFGWPCRCTVGKPVGTPCFGWPCOSWKPCFGDG
RCTCTUGUVC[PQCDTKTPKPIWPCVCRCFGKPURGEEKPJCUVCWPCXG\VTCPUEWTTKFQDCUVCPVGVKGORQFG
GPHTKCOKGPVQCHKPFGGXKVCTGNTKGUIQFGKIPKEKPGURQPVPGCFGNXCRQTFGCEGKVGCNGPVTCTGP
EQPVCEVQEQPGNCKTG
 0WPECWVKNKEGWPCHWGPVGFGKNWOKPCEKPEQPNNCOCNKDTGRCTCKPURGEEKQPCTGNKPVGTKQTFGWPCOSWKPC
TGEKRKGPVGCRTGUKPGVE
 #UGITGUGFGSWGPQJCPSWGFCFQJGTTCOKGPVCURKG\CUUWGNVCUQVTCRQUFGPVTQQGPEKOCFGNC
OSWKPC
 6QFQUNQUFKURQUKVKXQUTGIWNCFQTGU[FGUGIWTKFCFFGDGPOCPVGPGTUGEQPGNFGDKFQEWKFCFQRCTC
ICTCPVK\CTSWGHWPEKQPCPEQTTGEVCOGPVG'UVRTQJKDKFQCRCICTGUVQUFKURQUKVKXQU
 #PVGUFGFGLCTNCOSWKPCNKUVCRCTCWUQFGURWUFGNOCPVGPKOKGPVQQTGXKUKPEQORTWGDGSWGNCU
RTGUKQPGU[VGORGTCVWTCUFGHWPEKQPCOKGPVQ[NQUCLWUVGUFGVKGORQUQPEQTTGEVQU%QORTWGDGSWG
NQUFKURQUKVKXQUFGEQPVTQN[RCTCFCGUVPKPUVCNCFQU[HWPEKQPCPEQTTGEVCOGPVG5KUGJCSWKVCFQGN
IWCTFCCEQRNCOKGPVQFGNGLGFGCEEKQPCOKGPVQFGNEQORTGUQTEQORTWGDGSWGGUVTGKPUVCNCFQ
 'ZCOKPGGNVWDQFGKORWNUKP[GNKPVGTKQTFGNFGRUKVQUGRCTCFQTFGCEGKVGECFCXG\SWGUGECODKG
GNGNGOGPVQUGRCTCFQTRCTCXGTUKGZKUVGPTGEKRKGPVGUUGRCTCFQTGUFGCEGKVGRCTCFGRUKVQUFG
ECTDP5KUQPGZEGUKXQUFGDGPTGVKTCTUG
 2TQVGLCGNOQVQTGNHKNVTQFGCKTGNQUEQORQPGPVGUGNEVTKEQU[TGIWNCFQTGUGVEFGNCGPVTCFCFG
JWOGFCFRGLFWTCPVGNCNKORKG\CEQPXCRQT
 #UGITGUGFGSWGVQFQGNOCVGTKCNKPUQPQTK\CPVGRGLGPNCECTTQEGTC[NQUUKUVGOCUFGGPVTCFC[
UCNKFCFGCKTGFGNEQORTGUQTUGJCNNCGPDWGPGUVCFQ'PECUQFGFCQTGGORNEGNQRQTOCVGTKCN
QTKIKPCNFGNHCDTKECPVGRCTCGXKVCTSWGCWOGPVGGNPKXGNFGRTGUKPFGUQPKFQ
 0WPECWVKNKEGFKUQNXGPVGUEWUVKEQUSWGRWGFCPQECUKQPCTFCQCNOCVGTKCNFGNCTGFFGCKTGRGLNCU
VC\CUFGRQNKECTDQPCVQ
 5GJCEGJKPECRKGPNCUUKIWKGPVGURTGECWEKQPGUFGUGIWTKFCFCNOCPGLCTGNTGHTKIGTCPVG
0WPECCURKTGNQUXCRQTGUFGNTGHTKIGTCPVG%QORTWGDGSWGGNTGCFGVTCDCLQGUVXGPVKNCFC
CFGEWCFCOGPVGWVKNKEGWPCOUECTCRTQVGEVQTCUKHWGTCPGEGUCTKQ
7UGUKGORTGIWCPVGUGURGEKCNGU'PECUQFGEQPVCEVQFGNTGHTKIGTCPVGEQPNCRKGNGPLWCIWGEQP
CDWPFCPVGCIWC'PECUQFGEQPVCEVQFGNTGHTKIGTCPVGNSWKFQEQPNCRKGNCVTCXUFGNCTQRCPQ
CTTCPSWGPKUGGZVTCKICNCRTGPFCOQLGNCTQRCCDWPFCPVGOGPVGEQPCIWCJCUVCSWGJC[C
FGUCRCTGEKFQVQFQGNTGHTKIGTCPVGCRNKSWGFGURWUNQURTKOGTQUCWZKNKQU
 2PICUGUKGORTGIWCPVGURTQVGEVQTGURCTCGNKOKPCTGNTKGUIQFGNGUKQPGUECWUCFCURQTRKG\CUFG
OSWKPCUUQDTGECNGPVCFCURGLCNUCECTCEGKVG

%QPUWNVGVCODKPNCURTGECWEKQPGUFGUGIWTKFCFUKIWKGPVGU2TGECWEKQPGUFGUGIWTKFCF
FWTCPVGKPUVCNCEKP[2TGECWEKQPGUFGUGIWTKFCFFWTCPVGHWPEKQPCOKGPVQ
.CURTGUGPVGURTGECWEKQPGUUQPXNKFCURCTCOSWKPCUSWGVTCVGPQEQPUWOCPCKTGQ
ICUKPGTVG'NVTCVCOKGPVQFGQVTQUGURGEKGUFGICUGZKIGRTGECWEKQPGUCFKEKQPCNGU
RTQRKCUFGNCCRNKECEKPSWGPQHKIWTCPGPGNVGZVQCNRKG
#NIWPCURTGECWEKQPGUUQPFGECTEVGTIGPGTCN[UQPXNKFCURCTCXCTKQUVKRQUFG
OSWKPCU[GSWKRQURQTEQPUKIWKGPVGRWGFGSWGCNIWPCUKPFKECEKQPGUPQTGUWNVGP
UKGORTGCRNKECDNGUCNCOSWKPC


/CPWCNFGKPUVTWEEKQPGU

 &GUETKREKPIGPGTCN

 +PVTQFWEEKP

+PVTQFWEEKP
&G)# C)#UQPEQORTGUQTGUFGVQTPKNNQFGGVCRCPKECEQPKP[GEEKPFGCEGKVG[CEEKQPCOKGPVQ
RQTOQVQTGNEVTKEQ.QUEQORTGUQTGUUQPTGHTKIGTCFQURQTCKTG
.QUOQFGNQUTGHTKIGTCFQURQTCIWCFG)# C)#UQPEQORTGUQTGUFGVQTPKNNQFGGVCRCPKECEQP
KP[GEEKPFGCEGKVG[CEEKQPCOKGPVQRQTOQVQTGNEVTKEQ

)#9QTMRNCEG
.QUOQFGNQU)#9QTMRNCEGGUVPCNQLCFQUFGPVTQFGWPCECTTQEGTCKPUQPQTK\CPVG.QUEQORTGUQTGU
GUVPEQPVTQNCFQURQTGNTGIWNCFQT'NGMVTQPKMQPs++FG#VNCU%QREQ'NOFWNQFGEQPVTQNGNGEVTPKEQGUV
KPUVCNCFQGPNCRWGTVCRQTGNNCVGTCNFGTGEJQ&GVTUFGFKEJQRCPGNUGJCNNCWPCTOCTKQGNEVTKEQSWG
GPEKGTTCGNCTTCPECFQTFGNOQVQT5GRTQRQTEKQPCWPEQNGEVQTFGEQPFGPUCFQEQPFKURQUKVKXQGNGEVTPKEQ
FGFTGPCLGFGCIWC
'9& 

8KUVCFGNCPVGTCFG)# C)#9QTMRNCEG


/CPWCNFGKPUVTWEEKQPGU

8KUVCVTCUGTCFG)# C)#9QTMRNCEG

4GHGTGPEKC &GUKIPCEKP
#8 8NXWNCFGUCNKFCFGCKTG
%C 4GHTKIGTCFQTFGCKTG
%Q 4GHTKIGTCFQTFGCEGKVG
%88U 8NXWNCFGTGVGPEKPXNXWNCFGEKGTTGFGCEGKVG
&C 5CNKFCCWVQOVKECFGEQPFGPUCFQ
' 'NGOGPVQEQORTGUQT
'4 4GIWNCFQT'NGMVTQPKMQP++
/ /QVQTFGCEEKQPCOKGPVQ
5 $QVPFGRCTCFCFGGOGTIGPEKC
7# &GUECTICFQT
82 6CRPFGXGPVKNCEKP

)#9QTMRNCEG(WNN(GCVWTG
.QUOQFGNQU)#9QTMRNCEG(WNN(GCVWTGGUVPCNQLCFQUFGPVTQFGWPCECTTQEGTCKPUQPQTK\CPVG.QU
EQORTGUQTGUGUVPEQPVTQNCFQURQTGNTGIWNCFQT'NGMVTQPKMQPs++FG#VNCU%QREQ'NOFWNQFGEQPVTQN
GNGEVTPKEQGUVKPUVCNCFQGPNCRWGTVCRQTGNNCVGTCNFGTGEJQ&GVTUFGFKEJQRCPGNUGJCNNCWPCTOCTKQ
GNEVTKEQSWGGPEKGTTCGNCTTCPECFQTFGNOQVQT#FGOUUGRTQRQTEKQPCPEQPWPUGECFQTFGCKTG'N
EQPFGPUCFQUGFTGPCCWVQOVKECOGPVG
'PGN)#EQPUGECFQTFGCKTG
+(& GNUGECFQTGUVKPVGITCFQGPNCECTTQEGTCKPUQPQTK\CPVG'NUGECFQT
GNKOKPCGNEQPFGPUCFQFGNCKTGEQORTKOKFQGPHTKPFQNQCEGTECFGNRWPVQFGEQPIGNCEKP


/CPWCNFGKPUVTWEEKQPGU

8KUVCFGNCPVGTCFG)# C)#9QTMRNCEG(WNN(GCVWTG


/CPWCNFGKPUVTWEEKQPGU

8KUVCVTCUGTCFG)# C)#9QTMRNCEG(WNN(GCVWTG

4GHGTGPEKC &GUKIPCEKP
 %WDEWNQGNEVTKEQ
#( (KNVTQFGCKTG
#4 4GEGRVQTFGCKTG
#8 8NXWNCFGUCNKFCFGCKTG
%C 4GHTKIGTCFQTFGCKTG
%Q 4GHTKIGTCFQTFGCEGKVG
%88U 8NXWNCFGTGVGPEKPXNXWNCFGEKGTTGFGCEGKVG
&C 5CNKFCCWVQOVKECFGEQPFGPUCFQ
&C 5CNKFCCWVQOVKECFGEQPFGPUCFQUGECFQT
&4 5GECFQT
' 'NGOGPVQEQORTGUQT
'4 4GIWNCFQT'NGMVTQPKMQP++
(0 8GPVKNCFQTFGGPHTKCOKGPVQ
/ /QVQTFGCEEKQPCOKGPVQ


/CPWCNFGKPUVTWEEKQPGU

4GHGTGPEKC &GUKIPCEKP
/6 %QNGEVQTFGEQPFGPUCFQ
1( (KNVTQFGCEGKVG
5 $QVPFGRCTCFCFGGOGTIGPEKC
82 6CRPFGXGPVKNCEKP
7# &GUECTICFQT

4GHTKIGTCFQTGUGPEQORTGUQTGUTGHTKIGTCFQURQTCIWC

4GHTKIGTCFQTFGCKTG[TGHTKIGTCFQTFGCEGKVGTGHTKIGTCFQURQTCIWC

4GHGTGPEKC &GUKIPCEKP
%C 4GHTKIGTCFQTFGCKTG
%Q 4GHTKIGTCFQTFGCEGKVG

 (NWLQFGCKTG

&KCITCOCUFGHNWLQ

&KCITCOCFGHNWLQ)#9QTMRNCEG


/CPWCNFGKPUVTWEEKQPGU

&KCITCOCFGHNWLQ)#9QTMRNCEG(WNN(GCVWTG

4GHGTGPEKC &GUETKREKP
# 6QOCFGCKTG
$ /G\ENCFGCKTGCEGKVG
% #EGKVG
& #KTGEQORTKOKFQJOGFQ
( %QPFGPUCFQ
) #KTGEQORTKOKFQUGEQ

0QVCGNXGPVKNCFQTFGGPHTKCOKGPVQPQUGRTQRQTEKQPCGPEQORTGUQTGUTGHTKIGTCFQURQTCIWC

&GUETKREKP
'NCKTGCURKTCFQRQTGNHKNVTQ
#( [NCXNXWNCFGGPVTCFCCDKGTVC
+8 GPGNGNGOGPVQEQORTGUQT
' UG
EQORTKOG'NCKTGEQORTKOKFQ[GNCEGKVGRCUCPCNFGRUKVQFGCKTGUGRCTCFQTFGCEGKVG
#4 CVTCXUFG
NCXNXWNCFGTGVGPEKP
%8 'NCKTGUGFGUECTICCVTCXUFGNCXNXWNCFGUCNKFC
#8 OGFKCPVGNCXNXWNC
FGRTGUKPOPKOC
8R [GNTGHTKIGTCFQTFGCKTG
%C 
'NTGHTKIGTCFQTFGCKTGUGRTQRQTEKQPCEQPWPEQNGEVQTFGJWOGFCF
/6 
'PNQUEQORTGUQTGU(WNN(GCVWTGGNCKTGRCUCCVTCXUFGNUGECFQTFGCKTG
&4 CPVGUFGFGUECTICTUGC
VTCXUFGNCXNXWNCFGUCNKFC
#8 8CUGVCODKPNCUGEEKP5GECFQTFGCKTG+(&


/CPWCNFGKPUVTWEEKQPGU

.CXNXWNCFGTGVGPEKP
%8 KORKFGGNTGVTQEGUQFGCKTGEQORTKOKFQCNRCTCTUGGNEQORTGUQT.CXNXWNC
FGRTGUKPOPKOC
8R KORKFGSWGNCRTGUKPFGNTGEGRVQTECKICRQTFGDCLQFGNCRTGUKPOPKOC

 5KUVGOCFGCEGKVG

&KCITCOCFGHNWLQ

5KUVGOCFGCEGKVG

4GHGTGPEKCU &GUETKREKP
 2CTCWPKFCFGU9QTMRNCEGHNWLQFGCKTGEQORTKOKFQCNCXNXWNCFGUCNKFCFGCKTG
2CTCWPKFCFGU(WNN(GCVWTGHNWLQFGCKTGEQORTKOKFQCNUGECFQTFGCKTG
# 6QOCFGCKTG
$ /G\ENCFGCKTGCEGKVG
% #EGKVG
& #KTGEQORTKOKFQJOGFQ
( %QPFGPUCFQ

0QVCGNXGPVKNCFQTFGGPHTKCOKGPVQPQUGRTQRQTEKQPCGPEQORTGUQTGUTGHTKIGTCFQURQTCIWC

&GUETKREKP
'PGNFGRUKVQFGCKTGUGRCTCFQTFGCEGKVG
#4 NCOC[QTRCTVGFGNCEGKVGUGUGRCTCFGNCOG\ENCFGCKTG
CEGKVGFGHQTOCEGPVTHWIC'NTGUVQNQTGVKTCGNUGRCTCFQTFGCEGKVG
15 'NCEGKVGUGTGEQIGGPGNHQPFQ
FGNFGRUKVQFGCKTGUGRCTCFQTFGCEGKVG
#4 SWGUKTXGFGVCPSWGFGCEGKVG
'NUKUVGOCFGCEGKVGXCRTQXKUVQFGWPCXNXWNCFGFGTKXCEKP
$8 %WCPFQNCVGORGTCVWTCFGNCEGKVGGUV
RQTFGDCLQFGEKGTVQXCNQTNCXNXWNCFGFGTKXCEKP
$8 EKGTTCGNUWOKPKUVTQFGCEGKVGFGUFGGN
TGHTKIGTCFQT
%Q 
%QPUWNVGNCUGEEKP&CVQUFGNEQORTGUQTRCTCEQPQEGTGNCLWUVGFGNCXNXWNC
$8 


/CPWCNFGKPUVTWEEKQPGU

.CRTGUKPFGNCKTGHWGT\CGNCEGKVGFGUFGGNFGRUKVQFGCKTGUGRCTCFQTFGCEGKVG
#4 CVTCXUFGNHKNVTQ

1( [NCXNXWNCFGEKGTTG
8U CNGNGOGPVQEQORTGUQT
' [UWURWPVQUFGNWDTKECEKP
.CXNXWNCFGFGTKXCEKP
$8 GORKG\CCCDTKTGNUWOKPKUVTQFGCEGKVGFGNTGHTKIGTCFQT
%Q CNUWDKTNC
VGORGTCVWTCFGNCEGKVGCNRWPVQFGCLWUVG#WPQUu%
( RQTGPEKOCFGNRWPVQFGCLWUVGVQFQGN
CEGKVGRCUCRQTGNTGHTKIGTCFQT
.CXNXWNCFGEKGTTGFGCEGKVG
8U KORKFGSWGUGKPWPFGFGCEGKVGGNGNGOGPVQEQORTGUQTCNRCTCTGN
EQORTGUQT.CXNXWNCNCCDTGNCRTGUKPFGUCNKFCFGNGNGOGPVQCNCTTCPECTUGGNEQORTGUQT

 5KUVGOCFGTGHTKIGTCEKP

&KCITCOCFGHNWLQ

5KUVGOCFGTGHTKIGTCEKPEQORTGUQTGUTGHTKIGTCFQURQTCKTG


/CPWCNFGKPUVTWEEKQPGU

5KUVGOCFGTGHTKIGTCEKPEQORTGUQTGUTGHTKIGTCFQURQTCIWC

4GHGTGPEKCU &GUETKREKP
# 6QOCFGCKTG
$ /G\ENCFGCKTGCEGKVG
% #EGKVG
& #KTGEQORTKOKFQJOGFQ
' %QPFGPUCFQ
( (NWLQFGCIWC

&GUETKREKP
'NUKUVGOCFGTGHTKIGTCEKPXKGPGFQVCFQFGWPTGHTKIGTCFQTFGCKTG
%C [QVTQFGCEGKVG
%Q 
'PEQORTGUQTGUTGHTKIGTCFQURQTCKTGGNHNWLQFGNCKTGFGTGHTKIGTCEKPNQIGPGTCWPXGPVKNCFQT
(0 
.QUEQORTGUQTGUTGHTKIGTCFQURQTCIWCGUVPFQVCFQUFGWPUKUVGOCFGCIWCFGTGHTKIGTCEKP'NCIWC
RCUCRQTGNVWDQFGGPVTCFCNQUTGHTKIGTCFQTGU[GNVWDQFGUCNKFC

 5KUVGOCFGEQPFGPUCFQ

&KURQUKVKXQUGNGEVTPKEQUFGFTGPCLGFGCIWC

2WPVQUFGFTGPCLGFGEQPFGPUCFQ
GLGORNQVRKEQ


/CPWCNFGKPUVTWEEKQPGU

7DKECEKPFGNQUFKURQUKVKXQUGNGEVTPKEQUFGFTGPCLGFGEQPFGPUCFQ

.QUEQORTGUQTGU)#9QTMRNCEG[9QTMRNCEG(WNN(GCVWTGVKGPGPWPFKURQUKVKXQGNGEVTPKEQFGFTGPCLGFG
CIWC
'9& 'NEQPFGPUCFQFGNTGHTKIGTCFQTFGCKTGUGCEWOWNCGPWPEQNGEVQT%WCPFQUVGCNECP\CWP
PKXGNFGVGTOKPCFQUGFGUECTICCVTCXUFGNCUCNKFCFGFTGPCLG
&C 
'PNQUEQORTGUQTGU)#9QTMRNCEG(WNN(GCVWTGUGRTQRQTEKQPCWPFKURQUKVKXQGNGEVTPKEQFGFTGPCLGFG
CIWCCFKEKQPCN
'9& GNEWCNRWTICGNEQNGEVQTFGEQPFGPUCFQFGNKPVGTECODKCFQTFGECNQTUVGUG
FGUECTICRQUVGTKQTOGPVGCVTCXUFGWPVWDQFGFTGPCLG
&C 
%QPUWNVGVCODKPNCUGEEKP(NWLQFGCKTG
5GRWGFGRTQDCTGNFKURQUKVKXQGNGEVTPKEQFGFTGPCLGFGCIWCRWNUCPFQDTGXGOGPVGGNDQVPFGRTWGDC

 SWGUGGPEWGPVTCUQDTGN


/CPWCNFGKPUVTWEEKQPGU

 5KUVGOCFGTGIWNCEKP

&KCITCOCFGHNWLQ

5KUVGOCFGTGIWNCEKPFG)# C)#

&GUECTIC
5KGNEQPUWOQFGCKTGGUKPHGTKQTCNUWOKPKUVTQFGNEQORTGUQTNCRTGUKPFGNCTGFCWOGPVCT%WCPFQNC
RTGUKPFGNCTGFCNECPEGNCFGFGUECTICUGFGUGPGTIK\CNCXNXWNCFGUQNGPQKFG
; 'NODQNQFGNC
XNXWNCTGVQTPCCKORWNUQFGWPOWGNNG
.CXNXWNCFGUQNGPQKFG
; FGUGPGTIK\CNCXNXWNCFGFGUECTIC
78 
.CXNXWNCFGFGUECTIC
78 EQPGEVCNCRTGUKPFGNTGEGRVQTFGCKTG
 EQPNCEOCTC
 [EQPGN
QTKHKEKQFGGZRWNUKP
 
.CRTGUKPFGNCEOCTC
 JCEGSWGGNODQNQFGECTIC
.2 UGFGURNCEGJCEKCCTTKDC
.CRTGUKPUGGUVCDKNK\CCWPDCLQXCNQT7PCRGSWGCECPVKFCFFGCKTGUKIWGUKGPFQCURKTCFC[RCUCCN
FGUECTICFQT

%CTIC
%WCPFQNCRTGUKPFGNCTGFDCLGCNCFGECTICUGGPGTIK\CNCXNXWNCFGUQNGPQKFG
; 'NODQNQFGNC
OKUOC
; UGOWGXGJCEKCCTTKDCEQPVTCNCHWGT\CFGNOWGNNG
.CXNXWNCFGUQNGPQKFG
; GPGTIK\CNCXNXWNCFGFGUECTIC
78 
.CXNXWNCFGFGUECTIC
78 EKGTTCGNQTKHKEKQFGGZRWNUKPFGCKTG
 [GNUWOKPKUVTQJCEKCNCEOCTC

 
'UVQJCEGSWGGNODQNQFGECTIC
.2 UGFGURNCEGJCEKCCDCLQ[SWGNCXNXWNCFGGPVTCFC
+8 UG
CDTCRQTEQORNGVQ
5GTGCPWFCGNUWOKPKUVTQFGCKTG
 GNEQORTGUQTOCTEJCGPECTIC


/CPWCNFGKPUVTWEEKQPGU

 5KUVGOCGNEVTKEQ

)GPGTCNKFCFGU
%QPUWNVGVCODKPNCUUGEEKQPGU&KCITCOCUGNEVTKEQU[%QPGZKQPGUGNEVTKECU

%QORQPGPVGUGNEVTKEQU
'NUKUVGOCGNEVTKEQEQPUVCFGNQUEQORQPGPVGUUKIWKGPVGU

%WDEWNQGNEVTKEQFG)# C)#GLGORNQVRKEQ

4GHGTGPEKC &GUKIPCEKP
( (WUKDNGU
(UNQUGRTQRQTEKQPCGPECUQFGWPTGNFGUGEWGPEKCFGHCUGU
( (WUKDNGU
((( (WUKDNGU
UNQGP(WNN(GCVWTGEQP+(&
( (WUKDNGU
( 4GNFGUQDTGECTICOQVQTFGNEQORTGUQT
3 &KU[WPVQTOQVQTFGXGPVKNCFQT
EQORTGUQTGUTGHTKIGTCFQURQTCKTG
- 4GNCWZKNKCT
- %QPVCEVQTCWZKNKCTRCTCUGECFQT
UNQGP(WNN(GCVWTGEQP+(&
- %QPVCEVQTFGNPGC
- %QPVCEVQTFGGUVTGNNC


/CPWCNFGKPUVTWEEKQPGU

4GHGTGPEKC &GUKIPCEKP
- %QPVCEVQTFGVTKPIWNQ
6 6TCPUHQTOCFQT
: 4GINGVCFGDQTPGU
UWOKPKUVTQFGVGPUKP
:: %QPGEVQTGU
2' $QTPGFGRWGUVCCVKGTTC

 &KCITCOCUGNEVTKEQU

&KCITCOCFG'NGMVTQPKMQP++

&KCITCOCFGUGTXKEKQFG)# C)#EQP'NGMVTQPKMQP++[CTTCPECFQTGUVTGNNCVTKPIWNQ


/CPWCNFGKPUVTWEEKQPGU

4GHGTGPEKC &GUKIPCEKP

 2CTCFCFGGOGTIGPEKC

 #TTCPSWGRCTCFCCFKUVCPEKC

 %CTICFGUECTICTGOQVC

 &GVGEEKPRTGUKPTGOQVC

 2TQVGEEKQPGUFGNOQVQT

 5QDTGECTICOQVQTFGXGPVKNCFQT

 (CNNQ'9&

 &RHKNVTQ&&

 &RHKNVTQ2&

 5GNGEEKPFGDCPFCFGRTGUKPCFKUVCPEKC

 1REKP'5

 2CTCFCFGGOGTIGPEKCCFKUVCPEKC

 %QPVCEVQUCWZKNKCTGU

 (WPEKQPCOKGPVQOCPWCNCWVQOVKEQ

 #XKUQIGPGTCN

 2CTCFCFGCNCTOCIGPGTCN

&GUKIPCEKQPGURCTC'NGMVTQPKMQP++

4GHGTGPEKC 5GPUQTGUXNXWNCUFGUQNGPQKFGFKURQUKVKXQFGFTGPCLGGNGEVTPKEQ
# 5GECFQT
(WNN(GCVWTG
$ &KURQUKVKXQGNGEVTPKEQFGFTGPCLGFGCIWC
'9&
2&6 5GPUQTFGRTGUKPFKHGTGPEKCFGRTGUKPUQDTGUGRCTCFQTFGCEGKVG
26 5GPUQTFGRTGUKPUCNKFCFGCKTG
66 5GPUQTFGVGORGTCVWTCCODKGPVG
66 5GPUQTFGVGORGTCVWTCUCNKFCFGNGNGOGPVQ
66 5GPUQTFGVGORGTCVWTCGPVTCFCFGCIWCFGTGHTKIGTCEKP
EQORTGUQTGUTGHTKIGTCFQU
RQTCIWC
66 5GPUQTFGVGORGTCVWTCUCNKFCFGCIWCFGTGHTKIGTCEKP
EQORTGUQTGUTGHTKIGTCFQU
RQTCIWC
66 5GPUQTFGVGORGTCVWTCGPVTCFCUCNKFCFGCIWCFGTGEWRGTCEKPFGGPGTIC

EQORTGUQTGUTGHTKIGTCFQURQTCIWC
66 5GPUQTFGVGORGTCVWTCRWPVQFGTQEQ
(WNN(GCVWTG
; 8NXWNCFGUQNGPQKFGFGECTIC

4GHGTGPEKC /QVQTGU
/ /QVQTFGCEEKQPCOKGPVQ
/ /QVQTFGNXGPVKNCFQT
EQORTGUQTGUTGHTKIGTCFQURQTCKTG


/CPWCNFGKPUVTWEEKQPGU

4GHGTGPEKC #TOCTKQGNEVTKEQ
( (WUKDNGU
( 4GNFGUQDTGECTICOQVQTFGCEEKQPCOKGPVQ
- %QPVCEVQTFGNPGC
- %QPVCEVQTFGGUVTGNNC
- %QPVCEVQTFGVTKPIWNQ
3 &KU[WPVQTOQVQTFGXGPVKNCFQT
6 6TCPUHQTOCFQTGU
:: 4GINGVCUFGDQTPGU
: %QPGEVQTGU

4GHGTGPEKC /FWNQFGEQPVTQN
+ $QVPFGCTTCPSWG
- 4GNFGDNQSWGQ
- 4GNCWZKNKCTEQPVCEVQTFGGUVTGNNC
- 4GNCWZKNKCTEQPVCEVQTFGVTKPIWNQ
- 4GNCWZKNKCTECTICFGUECTIC
- 4GNCWZKNKCTCNVCDCLCRTGUKPFGCKTG
- 4GNCWZKNKCTUGECFQT
- 4GNCWZKNKCTHWPEKQPCOKGPVQOCPWCNCWVQOVKEQ
- 4GNCWZKNKCTCXKUQ
- 4GNCWZKNKCTRCTCFCFGCNCTOC
1 $QVPFGRCTCFC
5 $QVPFGRCTCFCFGGOGTIGPEKC

4GHGTGPEKC 'SWKRQQREKQPCN
#+' /FWNQUFGGZRCPUKPGPVTCFCCPCNIKEC
$ &KURQUKVKXQGNGEVTPKEQFGFTGPCLGFGCIWC
'9& 
(WNN(GCVWTG
&26 6TCPUOKUQTGUFGRTGUKPFWCN
- 4GNCWZKNKCTECTICFGUECTICRCTC'5
- %QPVCEVQTCWZKNKCTEQORTGUQTGPOCTEJCRCTC'5
- 4GNFGUGEWGPEKCFGHCUGU
2&5 +PVGTTWRVQT2&GNVCRCTCHKNVTQ&&KPVGITCFQ
2&5 +PVGTTWRVQT2&GNVCRCTCHKNVTQ2&KPVGITCFQ
4- 2TQVGEEKPFGVGTOKUVQTFGOQVQTFGCEEKQPCOKGPVQRCTCFCFGCNCTOC
4- 2TQVGEEKPFGVGTOKUVQTFGOQVQTFGCEEKQPCOKGPVQCXKUQ
444 %CNGPVCFQTGURTQVGEEKPEQPVTCEQPIGNCEKP
4 %CNGPVCFQTGUCPVKEQPFGPUCEKP
5 +PVGTTWRVQTUGRCTCFQTRTKPEKRCNFGGPGTICGNEVTKEC
65.. 6GTOQUVCVQRTQVGEEKPEQPVTCEQPIGNCEKP
; 8NXWNCFGUQNGPQKFG
; 8NXWNCFGEKGTTGFGCIWC
EQORTGUQTGUTGHTKIGTCFQURQTCIWC


/CPWCNFGKPUVTWEEKQPGU

 5GECFQTFGCKTG+(&

&KCITCOCFGHNWLQ

5GECFQTFGCKTG

4GHGTGPEKC &GUKIPCEKP
# )CUTGHTKIGTCPVG
$ .SWKFQTGHTKIGTCPVG
% %QPFGPUCFQ
#+ 'PVTCFCFGCKTG
#1 5CNKFCFGCKTG
 +PVGTECODKCFQTFGECNQTCKTGCKTG
 +PVGTECODKCFQTFGECNQTGXCRQTCFQTCKTGTGHTKIGTCPVG
 5GRCTCFQTFGEQPFGPUCFQ
 5CNKFCFGEQPFGPUCFQ
 %QORTGUQTFGTGHTKIGTCPVG
 %QPFGPUCFQTFGTGHTKIGTCPVG
 5GECFQTHKNVTQFGTGHTKIGTCPVGNSWKFQ
 8NXWNCFGGZRCPUKPVGTOQUVVKEC
 8NXWNCFGFGTKXCEKPFGICUECNKGPVG
 8GPVKNCFQTFGTGHTKIGTCEKPFGEQPFGPUCFQT
 2TGUQUVCVQEQPVTQNFGNXGPVKNCFQT


/CPWCNFGKPUVTWEEKQPGU

%KTEWKVQFGCKTGEQORTKOKFQ
'NCKTGEQORTKOKFQGPVTCGPGNKPVGTECODKCFQTFGECNQT
 [UGGPHTCOGFKCPVGGNCKTGUGECFQ[HTQSWG
UCNG'NCIWCFGNCKTGSWGGPVTCGORKG\CCEQPFGPUCTUG.WGIQGNCKTGHNW[GCVTCXUFGNKPVGTECODKCFQT
FGECNQTGXCRQTCFQT
 FQPFGGNTGHTKIGTCPVGUGGXCRQTCJCEKGPFQSWGGNCKTGEQPVKPGGPHTKPFQUG
JCUVCCEGTECTUGCNCVGORGTCVWTCFGGXCRQTCEKPFGNTGHTKIGTCPVG5GEQPFGPUCOUCIWCGPGNCKTG'N
CKTGHTQRCUCGPUGIWKFCCVTCXUFGNUGRCTCFQT
 FQPFGVQFQGNEQPFGPUCFQUGUGRCTCFGNCKTG'N
EQPFGPUCFQUGRWTICCWVQOVKECOGPVGCVTCXUFGNCUCNKFC
 
'NCKTGUGECFQ[HTQRCUCCVTCXUFGNKPVGTECODKCFQTFGECNQT
 FQPFGUGECNKGPVCOGFKCPVGGNCKTGSWG
GPVTC

%KTEWKVQFGTGHTKIGTCPVG
'NEQORTGUQT
 FGUECTICICUTGHTKIGTCPVGECNKGPVGCCNVCRTGUKPSWGHNW[GCVTCXUFGNEQPFGPUCFQT
 
FQPFGUGEQPFGPUCNCOC[QTRCTVGFGNTGHTKIGTCPVG
'NNSWKFQRCUCRQTGNUGECFQTHKNVTQFGTGHTKIGTCPVGNSWKFQ
 CNCXNXWNCFGGZRCPUKPVGTOQUVVKEC
 
'NTGHTKIGTCPVGUCNGFGNCXNXWNCFGGZRCPUKPVGTOQUVVKECCNCRTGUKPFGGXCRQTCEKP
'NTGHTKIGTCPVGGPVTCGPGNGXCRQTCFQT
 FQPFGSWKVCECNQTCNCKTGEQORTKOKFQOGFKCPVGWPCPWGXC
GXCRQTCEKPCRTGUKPEQPUVCPVG'NTGHTKIGTCPVGECNGPVCFQUCNGFGNGXCRQTCFQT[GUCURKTCFQRQTGN
EQORTGUQT
 
.CXNXWNCFGFGTKXCEKP
 TGIWNCGNHNWLQFGTGHTKIGTCPVG'NXGPVKNCFQT
 NQEQPGEVCQFGUEQPGEVCGN
KPVGTTWRVQT
 UGIPGNITCFQFGECTICFGNEKTEWKVQFGTGHTKIGTCPVG


/CPWCNFGKPUVTWEEKQPGU

 4GIWNCFQT'NGMVTQPKMQP++

 4GIWNCFQT'NGMVTQPKMQPs++

2CPGNFGEQPVTQN

)GPGTCNKFCFGU
'PIGPGTCNGNTGIWNCFQT'NGMVTQPKMQPGLGEWVCNCUUKIWKGPVGUHWPEKQPGU
%QPVTQNCTGNEQORTGUQT
2TQVGIGTGNEQORTGUQT
/QPKVQTK\CTNQUEQORQPGPVGUUWLGVQUCUGTXKEKQ
#TTCPSWGCWVQOVKEQFGURWUFGKPVGTTWREKPFGNXQNVCLG
JGEJQKPCEVKXQ

%QPVTQNCWVQOVKEQFGHWPEKQPCOKGPVQFGNEQORTGUQT
'NTGIWNCFQTOCPVKGPGNCRTGUKPFGNCTGFGPVTGNQUNOKVGURTQITCOCDNGUECTICPFQ[FGUECTICPFQGN
EQORTGUQTCWVQOVKECOGPVG5GVKGPGGPEWGPVCWPPOGTQFGCLWUVGURTQITCOCDNGURGLNCURTGUKQPGU
FGFGUECTIC[ECTICGNVKGORQOPKOQFGRCTCFC[GNPOGTQOZKOQFGCTTCPSWGUFGNOQVQT
'NTGIWNCFQTRCTCGNEQORTGUQTECFCXG\SWGUGCRQUKDNGEQPQDLGVQFGTGFWEKTGNEQPUWOQFGGPGTIC[
XWGNXGCCTTCPECTNQCWVQOVKECOGPVGEWCPFQDCLGNCRTGUKPFGNCTGF%CUQFGUGTFGOCUKCFQDTGXGGN
RGTQFQFGFGUECTICRTGXKUVQGNEQORTGUQTUKIWGHWPEKQPCPFQCHKPFGGXKVCTRGTQFQUFGRCTCFC
FGOCUKCFQDTGXGU

'URQUKDNGRTQITCOCTWPPOGTQFGOCPFQUFGCTTCPSWGCWVQOVKEQRCTCFCSWG
CEVCPGPWPVKGORQFCFQ6GPICGPEWGPVCSWGUGGLGEWVCTWPOCPFQFGCTTCPSWG

UKGUVRTQITCOCFQ[CEVKXCFQ KPENWUQFGURWUFGRCTCTGNEQORTGUQT
OCPWCNOGPVG

2TQVGIGTGNEQORTGUQT
2CTCFCFGCNCTOC
5KNCVGORGTCVWTCFGUCNKFCFGNGNGOGPVQEQORTGUQTGZEGFGGNPKXGNFGRCTCFCFGCNCTOCRTQITCOCFQUG
RCTCTGNEQORTGUQT'UVQUGKPFKECGPGNFKURNC[
 [RCTRCFGCTGN.'&FGCNCTOCIGPGTCN
 
'NEQORTGUQTUGRCTCTVCODKPGPECUQFGUQDTGECTICFGNQUUKIWKGPVGUEQORQPGPVGU
/QVQTFGCEEKQPCOKGPVQ
/QVQTFGXGPVKNCFQT


/CPWCNFGKPUVTWEEKQPGU

5QNWEKQPGGNRTQDNGOC[TGCTOGNCPQVKEKC%QPUWNVGVCODKPGN/GP&CVQUFGGUVCFQ

#PVGUFGUQNWEKQPCTEQPUWNVGNCU2TGECWEKQPGUFGUGIWTKFCF

#XKUQFGRCTCFCFGCNCTOC
7PPKXGNFGCXKUQFGRCTCFCFGCNCTOCGUWPPKXGNRTQITCOCDNGDCLQGNPKXGNFGRCTCFCFGCNCTOC
5KNCVGORGTCVWTCFGUCNKFCFGNGNGOGPVQEQORTGUQTUWRGTCGNPKXGNFGCXKUQFGRCTCFCFGCNCTOC
RTQITCOCFQCRCTGEGTWPCPQVKEKCGPGNFKURNC[
 [UGGPEGPFGTGN.'&FGCNCTOCIGPGTCN
 EQP
QDLGVQFGCXKUCTCNQRGTCFQTFGSWGUGGZEGFGGNPKXGNFGCXKUQFGRCTCFCFGCNCTOC
'NOGPUCLGFGUCRCTGEGGPEWCPVQFGUCRCTGEGNCEQPFKEKPFGCXKUQ

#XKUQFGUGTXKEKQ
7PCUGTKGFGCEEKQPGUFGUGTXKEKQUGCITWRCP
GPNQUNNCOCFQU2NCPGUFG5GTXKEKQ#$%GVE %CFC
2NCPFG5GTXKEKQVKGPGWPKPVGTXCNQFGVKGORQRTQITCOCFQ5KUGGZEGFGCNIPKPVGTXCNQCRCTGEGTWPC
PQVKEKCGPGNFKURNC[
 EQPQDLGVQFGCXKUCTCNQRGTCFQTFGSWGNNGXGCECDQNCUCEEKQPGUFGUGTXKEKQ
RGTVGPGEKGPVGUCFKEJQRNCP

#XKUQ
6CODKPCRCTGEGWPCPQVKEKCFGCXKUQUK
'PEQORTGUQTGUTGHTKIGTCFQURQTCIWCNCVGORGTCVWTCFGNCIWCFGTGHTKIGTCEKPGZEGFGGNPKXGNFG
CXKUQ
'PEQORTGUQTGU(WNN(GCVWTGEQPUGECFQT+(&NCVGORGTCVWTCFGNRWPVQFGTQEQGUFGOCUKCFQCNVCGP
TGNCEKPEQPNCVGORGTCVWTCCODKGPVG

4GCTTCPSWGCWVQOVKEQFGURWUFGKPVGTTWREKPFGNXQNVCLG
'NTGIWNCFQTKPEQTRQTCWPCHWPEKPFGCTTCPSWGCWVQOVKEQFGNEQORTGUQTCNTGUVCDNGEGTUGGNXQNVCLG
FGURWUFGWPCKPVGTTWREKPGNEVTKEC&KEJCHWPEKPGUVFGUCEVKXCFCGPNQUEQORTGUQTGUSWGUCNGPFG
NCHDTKEC0QQDUVCPVGGURQUKDNGCEVKXCTNCUKCUUGFGUGC%QPUWNVGC#VNCU%QREQ

5KGUVCEVKXCFCNCHWPEKP[UKGORTGSWGGNTGIWNCFQTUGGPEWGPVTGGPGNOQFQFG
HWPEKQPCOKGPVQCWVQOVKEQGNEQORTGUQTXQNXGTCCTTCPECTCWVQOVKECOGPVGUKGN
XQNVCLGFGUWOKPKUVTQCNOFWNQUGTGUVCDNGEGFGPVTQFGNRGTQFQRTQITCOCFQ
'NVKGORQFGTGUVCDNGEKOKGPVQFGRQVGPEKC
GNRGTQFQGPGNSWGFGDGTGUVCDNGEGTUGGN
XQNVCLGRCTCRQFGTCTTCPECTCWVQOVKECOGPVG RWGFGCLWUVCTUGGPVTG[
UGIWPFQUQCN+PHKPKVQ5KGNVKGORQFGTGUVCDNGEKOKGPVQFGRQVGPEKCUGGPEWGPVTC
CLWUVCFQCN+PHKPKVQGNEQORTGUQTXQNXGTCCTTCPECTUKGORTGFGURWUFGWPC
KPVGTTWREKPFGNXQNVCLGKPFGRGPFKGPVGOGPVGFGNQSWGUGVCTFGGPTGUVCDNGEGTNQ
6CODKPGURQUKDNGRTQITCOCTWPTGVTCUQFGTGCTTCPSWGJCEKGPFQSWGXWGNXCPC
CTTCPECTRQTGLGORNQFQUEQORTGUQTGUFGHQTOCEQPUGEWVKXC


/CPWCNFGKPUVTWEEKQPGU

 2CPGNFGEQPVTQN

4GIWNCFQT'NGMVTQPKMQP

2CTVGU[HWPEKQPGU

4GHGTGPEKC &GUKIPCEKP (WPEKP


 $QVPFGCTTCPSWG $QVPRCTCCTTCPECTGNEQORTGUQT'N.'&
 UG
GPEKGPFGRCTCKPFKECTSWGGNTGIWNCFQT
'NGMVTQPKMQPGUVQRGTCVKXQ
 &KURNC[ /WGUVTCOGPUCLGUUQDTGGNGUVCFQFG
HWPEKQPCOKGPVQFGNEQORTGUQTNCPGEGUKFCFFG
UGTXKEKQQWPHCNNQ
 6GENCUFGFGURNC\COKGPVQ 6GENCURCTCFGURNC\CTUGJCEKCCTTKDCQCDCLQRQTGN
FKURNC[
 6GENCFGVCDWNCEKP 6GENCRCTCUGNGEEKQPCTGNRCTOGVTQKPFKECFQRQTNC
HNGEJCJQTK\QPVCN5QNCOGPVGRWGFGPOQFKHKECTUG
NQURCTOGVTQUUGIWKFQUFGWPCHNGEJCSWGUGCNG
CNCFGTGEJC
 6GENCUFGHWPEKP 6GENCURCTCIQDGTPCT[RTQITCOCTGNEQORTGUQT
 .'&FGXQNVCLGEQPGEVCFQ +PFKECSWGGUVEQPGEVCFQGNXQNVCLG
 .'&FGCNCTOCIGPGTCN 'UVGPEGPFKFQUKGZKUVGWPGUVCFQFGCXKUQCXKUQ
FGUGTXKEKQQCXKUQFGRCTCFCFGCNCTOC
 .'&FGCNCTOCIGPGTCN 2CTRCFGCUKGZKUVGWPCEQPFKEKPFGRCTCFCFG
CNCTOCUKUGJCTQVQWPUGPUQTKORQTVCPVGQ
FGURWUFGWPCRCTCFCFGGOGTIGPEKC
 .'&FGHWPEKQPCOKGPVQCWVQOVKEQ +PFKECSWGGNTGIWNCFQTGUVEQPVTQNCPFQGN
EQORTGUQTCWVQOVKECOGPVG
 $QVPFGRCTCFC $QVPRCTCRCTCTGNEQORTGUQT5GCRCICGN.'&

 'NEQORTGUQTUGRCTCTFGURWUFGHWPEKQPCT
GPFGUECTICWPQUUGIWPFQU
5 $QVPFGRCTCFCFGGOGTIGPEKC 2WNUCFQTRCTCRCTCTGNEQORTGUQTCNKPUVCPVGGP
ECUQFGGOGTIGPEKC&GURWUFGUQNWEKQPCTNC
CXGTCNKDGTGGNDQVPVKTCPFQFGN


/CPWCNFGKPUVTWEEKQPGU

 6GENCUFGHWPEKP

2CPGNFGEQPVTQN

6GENCUFGHWPEKP
.CUVGENCU
 UGWUCPRCTC
%CTICTFGUECTICTGNEQORTGUQTCOCPQ
+PXQECTQRTQITCOCTCLWUVGU
4GCTOCTWPCPQVKEKCFGUQDTGECTICFGNOQVQTRCTCFCFGCNCTOCQUGTXKEKQQWPCRCTCFCFG
GOGTIGPEKC
#EEGFGTCVQFQUNQUFCVQUTGEQIKFQURQTGNTGIWNCFQT
.CUHWPEKQPGUFGNCUVGENCUXCTCPUGIPGNOGPSWGUGOWGUVTC.CHWPEKPTGCNUGKPFKECLWUVQGPEKOC
FGNCVGENCEQTTGURQPFKGPVG#EQPVKPWCEKPUGEKVCPNCUHWPEKQPGUOUEQOWPGU

&GUKIPCEKP (WPEKP
#CF #CFGEQOCPFQUFGCTTCPSWGRCTCFCFGNEQORTGUQT
FCJQTC
#VT 8WGNXGCWPCQREKPQWPOGPSWGUGJCOQUVTCFQCPVGU
%CPE %CPEGNCWPCLWUVGRTQITCOCFQCNRTQITCOCTRCTOGVTQU
$QTT $QTTCEQOCPFQUFGCTTCPSWGRCTCFCFGNEQORTGUQT
#[WF 8CCNCFKTGEEKPFG#VNCU%QREQGP+PVGTPGV
.O /WGUVTCNQUNOKVGURCTCWPCLWUVGRTQITCOCDNG
%CTI %CTICTGNEQORTGUQTCOCPQ
2TKP 8QNXGTFGUFGWPOGPCNCRCPVCNNCRTKPEKRCN
/GP 'ORG\CPFQFGUFGNCRCPVCNNCRTKPEKRCNQDVKGPGCEEGUQCNQUUWDOGPU
/GP 'ORG\CPFQFGUFGWPUWDOGPXWGNXGCWPOGPCPVGTKQT
/QF /QFKHKECCLWUVGURTQITCOCDNGU
2TQI 2TQITCOCCLWUVGUOQFKHKECFQU
4GCT 4GCTOCWPVGORQTK\CFQTQWPOGPUCLG
8NXT 8WGNXGCWPCQREKPQWPOGPSWGUGJCOQUVTCFQCPVGU
&GUE &GUECTICTGNEQORTGUQTCOCPQ
'ZVT 'PEQPVTCTNCEQPHKIWTCEKPFGNOFWNQFGNTGIWNCFQT


/CPWCNFGKPUVTWEEKQPGU

 6GENCUFGFGURNC\COKGPVQ

2CPGNFGEQPVTQN

.CUVGENCU
 RGTOKVGPSWGGNWUWCTKQUGFGURNCEGRQTGNFKURNC[
/KGPVTCUUGOWGUVTGGPNCRQUKEKPFGTGEJCFGNFKURNC[WPCHNGEJCSWGUGCNGJCEKCCDCLQRWGFGWUCTUG
NCVGENCFGFGURNC\COKGPVQEQPGNOKUOQUODQNQRCTCFGURNC\CTUGCNEQORQPGPVGUKIWKGPVG
/KGPVTCUUGOWGUVTGGPNCRQUKEKPFGTGEJCFGNFKURNC[WPCHNGEJCSWGUGCNGJCEKCCTTKDCRWGFGWUCTUG
NCVGENCFGFGURNC\COKGPVQEQPGNOKUOQUODQNQRCTCFGURNC\CTUGCNEQORQPGPVGCPVGTKQT

 $QVPFGRCTCFCFGGOGTIGPEKC

2CPGNFGEQPVTQN

2CTCRCTCTGNEQORTGUQTKPOGFKCVCOGPVGGPECUQFGGOGTIGPEKCRWNUGGNDQVPFGRCTCFCFGGOGTIGPEKC

5 

#PVGUFGEQOGP\CTEWCNSWKGTQRGTCEKPFGOCPVGPKOKGPVQQTGRCTCEKPGURGTGJCUVC
SWGGNEQORTGUQTUGJC[CFGVGPKFQ%KGTTGNCXNXWNCFGUCNKFCFGCKTG&GUDNQSWGGGN
DQVPVKTCPFQFGN2WNUGGNDQVPFGRTWGDCSWGUGGPEWGPVTCUQDTGNQUFKURQUKVKXQU
GNGEVTPKEQUFGFTGPCLGFGCIWCJCUVCSWGGNUKUVGOCFGCKTGSWGUGGPEWGPVTCGPVTGGN
TGEGRVQTFGCKTG[NCXNXWNCFGUCNKFCGUVEQORNGVCOGPVGFGURTGUWTK\CFQ#DTCGN
KPVGTTWRVQTUGRCTCFQT
KPUVCNCEKPFGNENKGPVG RCTCFGUEQPGEVCTGNXQNVCLGFGNEQORTGUQT
&GURTGUWTKEGGNUKUVGOCFGCKTG%QPUWNVGNCUGEEKP5QNWEKPFGRTQDNGOCU
*C[SWGCRNKECTVQFCUNCU2TGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGU


/CPWCNFGKPUVTWEEKQPGU

 2TQITCOCUFGEQPVTQN

&GUETKREKP
#HKPFGHCEKNKVCTNCRTQITCOCEKP[GNEQPVTQNUGJCPKORNGOGPVCFQRTQITCOCUFGEQPVTQNOCPFCFQURQT
OGPUGPGNTGIWNCFQT

(NWLQFGOGPU
UKORNKHKECFQ


/CPWCNFGKPUVTWEEKQPGU

/GPRTKPEKRCN

2TQITCOCT (WPEKP
2CPVCNNCRTKPEKRCN /WGUVTCGPDTGXGGNGUVCFQFGHWPEKQPCOKGPVQFGNEQORTGUQT'UNCRWGTVCFG
GPVTCFCCVQFCUNCUHWPEKQPGU
&CVQUFGGUVCFQ +PXQECGNGUVCFQFGNCUHWPEKQPGUFGRTQVGEEKPFGNEQORTGUQT
RCTCFCFG
CNCTOCCXKUQFGRCTCFCFGCNCTOCCXKUQFGUGTXKEKQ[CXKUQ 4GCTOCWPC
RCTCFCFGCNCTOCUQDTGECTICFGNOQVQT[EQPFKEKPFGUGTXKEKQ
&CVQUOGFKFQU +PXQECNQUFCVQUCEVWCNOGPVGOGFKFQU[GNGUVCFQFGWPCUGTKGFGGPVTCFCU
%QPVCFQTGU +PXQECNCUJQTCUFGHWPEKQPCOKGPVQJQTCUGPECTICJQTCUFGNTGIWNCFQT

OFWNQ [POGTQFGCTTCPSWGUFGNOQVQT
'PUC[Q 2TQDCTRCPVCNNC
/QFKHKECTRCTOGVTQU /QFKHKECNQUCLWUVGUFG
2CTOGVTQU
RGLRTGUKQPGUFGECTIC[FGUECTIC
2TQVGEEKQPGU
RGLPKXGNFGRCTCFCFGCNCTOCRCTCVGORGTCVWTC
2NCPGUFGUGTXKEKQ
VGORQTK\CFQTGURCTCRNCPGUFGUGTXKEKQ
(WPEKQPGUFGTGNQL
OCPFQUFGCTTCPSWGRCTCFCDCPFCFGRTGUKP
CWVQOVKEQUFGNEQORTGUQT
%QPHKIWTCEKP
JQTCHGEJCKFKQOCFGXKUWCNK\CEKP
5GTXKEKQ +PXQECRNCPGUFGUGTXKEKQ[TGCTOCNQUVGORQTK\CFQTGUFGURWUFGNNGXCTC
ECDQNCUCEEKQPGUFGUGTXKEKQRGTVGPGEKGPVGUCWPRNCP
&CVQUIWCTFCFQU +PXQECNQUFCVQUIWCTFCFQUFCVQUFGNVKOCRCTCFCFGCNCTOCNVKOCRCTCFC
FGGOGTIGPEKC

 /GP2CPVCNNCRTKPEKRCN

(WPEKP

2CPGNFGEQPVTQN

'NOGPFGNCRCPVCNNCRTKPEKRCNOWGUVTCGNGUVCFQFGHWPEKQPCOKGPVQFGNEQORTGUQT[HQTOCNCRWGTVCFG
GPVTCFCCVQFCUNCUHWPEKQPGUKORNGOGPVCFCUGPGNTGIWNCFQT

2TQEGFKOKGPVQ
.CRCPVCNNCRTKPEKRCNCRCTGEGCWVQOVKECOGPVGCNEQPGEVCTNCEQTTKGPVG
5KPQUGWUCPPKNCUVGENCUFGHWPEKPPKNCUVGENCUEQPHNGEJC
[ FWTCPVGCNIWPQUOKPWVQUGN
TGIWNCFQTXQNXGTCWVQOVKECOGPVGCNC2CPVCNNCRTKPEKRCN


/CPWCNFGKPUVTWEEKQPGU

5KGORTGSWGCRCTG\ECGPNCRCPVCNNCFGWPUWDOGPRWNUGNCVGENC 2TKP 
( RCTCXQNXGTCNC2CPVCNNC
RTKPEKRCN
'LGORNQFG2CPVCNNCRTKPEKRCN

5CNKFC%QORTGU
DCT 
#WVQOVETIFQ
/GP &GUE
( ( (

'NFKURNC[KPFKEC
.CFGUKIPCEKPFGNUGPUQT[NCKPFKECEKPCEVWCN
0QVKEKCUFGNGUVCFQFGHWPEKQPCOKGPVQFGNEQORTGUQT
,WUVQGPEKOCFGNCUVGENCUFGHWPEKP
 NCHWPEKPCEVWCNFGFKEJCUVGENCU

 +PXQECEKPFGOGPU

&GUETKREKP

2CPGNFGEQPVTQN

.CRCPVCNNCRTKPEKRCNCRCTGEGCWVQOVKECOGPVGCNEQPGEVCTUGGNXQNVCLG

5CNKFC%QORTGU
DCT 
#WVQOVETIFQ
/GP &GUE
( ( (

.CVGENCEQPHNGEJCCDCLQ
 UGRWGFGWVKNK\CTRCTCWPCEQPUWNVCTRKFCFGNCUKVWCEKPCEVWCNFGN
EQORTGUQT
&GURWUFGRWNUCTNCVGENC /GP 
( NCQREKP &CVQUFGGUVCFQ CRCTGEGTUGIWKFCFGWPCHNGEJC
JQTK\QPVCN
2WNUGNCVGENCFGVCDWNCEKP
 RCTCUGNGEEKQPCTGUVGOGP
1DKGPWVKNKEGNCVGENCEQPHNGEJCCDCLQ
 JCUVCSWGGNUWDOGPFGUGCFQXC[CUGIWKFQFGWPCHNGEJC
JQTK\QPVCN[CEQPVKPWCEKPRWNUGNCVGENCFGVCDWNCEKP
 RCTCUGNGEEKQPCTGUVGOGP


/CPWCNFGKPUVTWEEKQPGU

 %QPUWNVCTRKFCFGNGUVCFQCEVWCNFGNEQORTGUQT

2TQEGFKOKGPVQ

2CPGNFGEQPVTQN

'ORG\CPFQFGUFGNC2CPVCNNCRTKPEKRCN
EQPUWNVGNCUGEEKP/GPFG2CPVCNNCRTKPEKRCN RWNUGNCVGENCEQP
HNGEJCCDCLQ
 CRCTGEGTWPCRCPVCNNCRCTGEKFCCNCSWGUGKNWUVTCCEQPVKPWCEKP
'LGORNQFGNCRCPVCNNCFGGUVCFQFGNEQORTGUQT

1RGTCEKPCWVQOV
%QPVTQN.QECN
6GORQTK\CEVKXQ
2TKP #[WF 'ZVT
( ( (

.CNPGCKPFKECGNGUVCFQFGNHWPEKQPCOKGPVQCWVQOVKEQQOCPWCNFGNTGIWNCFQT 1RGTCEKPCWVQOV 
UKIPKHKECSWGGNTGIWNCFQTCFCRVCCWVQOVKECOGPVGGNHWPEKQPCOKGPVQFGNEQORTGUQTGUFGEKTECTIC
FGUECTICRCTC[XWGNXGCCTTCPECTCWVQOVKECOGPVGEQPHQTOGCNQURCTOGVTQURTQITCOCFQU
.CNPGCKPFKECUKGNTGIWNCFQTHWPEKQPCEQPGNOQFQFGEQPVTQNNQECNQTGOQVQ %QPVTQN.QECN UKIPKHKEC
SWGNQUDQVQPGUFGCTTCPSWGRCTCFCFGNVGENCFQGUVPCEVKXCFQU %QPVTQN4GOQVQ UKIPKHKECSWGGUVCU
HWPEKQPGUUGEQPVTQNCPFGHQTOCTGOQVC
.CNPGCKPFKECUKGUVCEVKXCFQQPQGNVGORQTK\CFQTSWGIGPGTCOCPFQUFGCTTCPSWG[RCTCFCDCUCFQU
GPVKGORQ
2WNUGNCVGENCEQPHNGEJCCDCLQ
 RCTCQDVGPGTQVTQUFCVQU
EQPFKEKQPGUCEVWCNGUFGNEQORTGUQT 
%QPUWNVGNCUGEEKP2TQITCOCUFGEQPVTQN


/CPWCNFGKPUVTWEEKQPGU

 /GP&CVQUFGGUVCFQ

#XKUQ

#PVGUFGGORG\CTGNOCPVGPKOKGPVQQTGRCTCEKPRWNUGGNDQVPFGRCTCFC
 [
GURGTGJCUVCSWGJC[CRCTCFQGNEQORTGUQT%KGTTGNCXNXWNCFGUCNKFCFGCKTG[
RWNUGGNDQVPFGRTWGDCUQDTGNQUFKURQUKVKXQUGNGEVTPKEQUFGFTGPCLGFGCIWC
JCUVCSWGGNUKUVGOCFGCKTGGPVTGGNTGEGRVQTFGCKTG[NCXNXWNCFGUCNKFCGUV
EQORNGVCOGPVGFGURTGUWTK\CFQ2WNUGGNDQVPTQLQFGRCTCFCFGGOGTIGPEKC[CDTC
GNKPVGTTWRVQTUGRCTCFQT
KPUVCNCEKPFGNENKGPVG RCTCFGUEQPGEVCTGNXQNVCLGCN
EQORTGUQT
#PVGUFGKPVGPVCTUQNWEKQPCTPCFCEQPUWNVGNCUUGEEKQPGU2TGECWEKQPGUFGUGIWTKFCF
[5QNWEKPFGRTQDNGOCU
&GURTGUWTKEGGNUKUVGOCFGCKTG

(WPEKP

2CPGNFGEQPVTQN

'NUWDOGPFG&CVQUFGGUVCFQFCKPHQTOCEKPUQDTGGNGUVCFQFGNCUHWPEKQPGUFGRTQVGEEKPFGN
EQORTGUQT
RCTCFCFGCNCTOCCXKUQFGRCTCFCFGCNCTOCCXKUQFGUGTXKEKQ[CXKUQ [RGTOKVGSWGUG
TGCTOGWPCRCTCFCFGCNCTOCUQDTGECTICFGNOQVQT[EQPFKEKPFGUGTXKEKQ

2TQEGFKOKGPVQ
'ORG\CPFQFGUFGNC2CPVCNNCRTKPEKRCN
XCUGGNOGPFG2CPVCNNCRTKPEKRCN 
2WNUGNCVGENC/GP
( NCQREKP&CVQUFGGUVCFQUGTUGIWKFCFGWPCHNGEJCJQTK\QPVCN
2WNUGNCVGENCFGVCDWNCEKP
 

0QGZKUVGPQVKEKC
'N.'&
 FGCNCTOCIGPGTCNGUVCRCICFQ[NCPQVKEKCGPGNFKURNC[KPFKECSWGVQFCUNCUEQPFKEKQPGU
UQPPQTOCNGU

6QFCUNCUEQPFEUQP1-


/GP
( ( (


/CPWCNFGKPUVTWEEKQPGU

'ZKUVGWPOGPUCLGFGRCTCFCFGCNCTOC
'PECUQFGRCTCFCFGCNCTOCFGNEQORTGUQTRCTRCFGCTGN.'&
 
'PECUQFGWPCRCTCFCFGCNCTOCFGDKFQCWPCVGORGTCVWTCFGOCUKCFQCNVCGPNCUCNKFCFGNGNGOGPVQ
EQORTGUQT

5CNKFCGNGOGPVQ
u% 
2TF /Z 
/GP 4GCT
( ( (

.QUKPFKECFQTGU
RCTRCFGCP.CRCPVCNNCOWGUVTCNCNGEVWTCCEVWCN
u% GNSWGGNEQORTGUQT
UGGPEWGPVTGRCTCFQ
2TF [GNCLWUVGFGRCTCFC
u% 
5KIWGUKGPFQRQUKDNGFGURNC\CTUGRQTQVTQUOGPURGLRCTCEQORTQDCTNQUXCNQTGUFGQVTQU
RCTOGVTQU
#NXQNXGTCNOGPFG &CVQUFGGUVCFQ RCTRCFGCTNCQREKP 2CTCFCU &KEJCQREKPRWGFG
UGNGEEKQPCTUGRWNUCPFQNCVGENCFGVCDWNCEKP
 RCTCXQNXGTCNCRCPVCNNCFGRCTCFCFGCTTKDC

4GCTOGFGRCTCFCFGCNCTOC
&GUEQPGEVGGNXQNVCLG[JCICNCUIGUVKQPGUPGEGUCTKCURCTCTGOGFKCTNCCXGTC&GURWUFGTGOGFKCT[
FGUCRCTGEKFCNCEQPFKEKPFGRCTCFCFGCNCTOCEQPGEVGGNXQNVCLG[RWNUGNCVGENC4GCT
( 
2WNUGNCUVGENCU /GP [ 2TKP RCTCXQNXGTCNC2CPVCNNCRTKPEKRCN[TGCTTCPSWGGNEQORTGUQTRQTOGFKQ
FGNDQVPFGCTTCPSWG
 

4GCTOGFGUQDTGECTICFGNOQVQT
&GUEQPGEVGGNXQNVCLG[JCICNCUIGUVKQPGUPGEGUCTKCURCTCTGOGFKCTNCCXGTC'NTGNFGUQDTGECTIC

( [GNFKU[WPVQTFGNXGPVKNCFQT
3 FGDGPTGUVCDNGEGTUGOCPWCNOGPVG%QPGEVGGNXQNVCLG[
RWNUGNCVGENC4GCT
( 
2WNUGNCUVGENCU /GP [ 2TKP RCTCXQNXGTCNC2CPVCNNCRTKPEKRCN[TGCTTCPSWGGNEQORTGUQTRQTOGFKQ
FGNDQVPFGCTTCPSWG
 

'ZKUVGWPOGPUCLGFGCXKUQFGRCTCFCFGCNCTOC
7PPKXGNFGCXKUQFGRCTCFCFGCNCTOCGUWPPKXGNRTQITCOCDNGDCLQGNPKXGNFGRCTCFCFGCNCTOC
5KGZKUVGWPCXKUQFGRCTCFCFGCNCTOCGUVGPEGPFKFQGN.'&
 .CRCPVCNNCRTKPEKRCNUGECODKCTC
WPCRCPVCNNCRCTGEKFCCNCSWGUKIWG

5CNKFC%QORTGU
DCT 
2CTQ #XKUQ
/GP &GUE
( ( (

.QUKPFKECFQTGU
RCTRCFGCP.QUKPFKECFQTGU 2CTQ  #XKUQ CRCTGEGPCNVGTPCFCOGPVGEQPNCU
PQVKEKCUSWGKPFKECPUKGNEQORTGUQTOCTEJCGPFGUECTICQECTIC


/CPWCNFGKPUVTWEEKQPGU

2WNUGNCVGENC /GP 
( [NCVGENCFGVCDWNCEKP
 RCTCUGNGEEKQPCTGNOGPFG &CVQUFGGUVCFQ 
RCTRCFGCNCQREKP 2TQVGEEKP 
&GURNEGUGCFKEJCQREKP[UGNGEEKPGNCRWNUCPFQNCVGENCFGVCDWNCEKP
 #RCTGEGWPCRCPVCNNC
RCTGEKFCCNCSWGUGOWGUVTCCDCLQ

5CNKFCFGGNGOGPVQ
u%
2CT /Z 
/GP 
( ( (

.CRCPVCNNCKPFKECSWGNCVGORGTCVWTCGPNCUCNKFCFGNGNGOGPVQEQORTGUQTGZEGFGGNPKXGNFGCXKUQFG
RCTCFCFGCNCTOCRTQITCOCFQ
5KGURTGEKUQRCTGGNEQORTGUQTRQTOGFKQFGNDQVPFGRCTCFC
 [GURGTGJCUVCSWGUGRCTGGN
EQORTGUQT
&GUEQPGEVGGNXQNVCLGTGXKUG[TGCNKEGNCUQRGTCEKQPGUPGEGUCTKCU
'NOGPUCLGFGCXKUQFGUCRCTGEGTCWVQOVKECOGPVGGPEWCPVQFGUCRCTG\ECNCEQPFKEKPFGCXKUQ

'ZKUVGWPCXKUQFGUGTXKEKQ
'N.'&GUVGPEGPFKFQ
 .CRCPVCNNCRTKPEKRCNUGECODKCTCWPCRCPVCNNCRCTGEKFCCNCSWGUKIWG

5CNKFC%QORTGU
DCT
5GTXPGEGUCTKQ
/GP &GUE
( ( (

.QUKPFKECFQTGU
RCTRCFGCP[NCPQVKEKCFGCXKUQFGUGTXKEKQCRCTGEGCNVGTPCFCOGPVGEQPNCU
PQVKEKCUSWGKPFKECPUKGNEQORTGUQTOCTEJCGPFGUECTICQECTIC
2WNUGNCVGENC /GP 
( [NCVGENCFGVCDWNCEKP
 RCTCUGNGEEKQPCTGNOGPFG &CVQUFGGUVCFQ 
RCTRCFGCNCQREKP 5GTXKEKQ 
&GURNEGUGCFKEJCQREKP[UGNGEEKPGNCRWNUCPFQNCVGENCFGVCDWNCEKP
 RWGFGSWGRCTRCFGGP
FQUQREKQPGU
'PVTCFCU UKUGGZEGFGGNPKXGNFGUGTXKEKQRTQITCOCFQFGWPEQORQPGPVG
RGLNCECFCFG
RTGUKPOZKOCFGNUGRCTCFQTFGCEGKVG 
2NCPGU UKUGGZEGFGGNKPVGTXCNQFGWPRNCPFGUGTXKEKQ
2CTGGNEQORTGUQT[FGUEQPGEVGGNXQNVCLG
5KNCPQVKEKCFGUGTXKEKQUGTGHKTKC 'PVTCFCU 
UGRCTCFQTFGCEGKVG TGGORNCEGGNUGRCTCFQTEQPGEVG
GNXQNVCLGFGURNEGUGGPGNOGPFG&CVQUFGGUVCFQC 'PVTCFCU [RWNUGNCVGENC 4GCT RCTCTGCTOCT
NCPQVKEKCFGUGTXKEKQ
5KGNCXKUQFGUGTXKEKQJCECTGHGTGPEKCC 2NCP TGCNKEGNCUCEEKQPGUFGUGTXKEKQTGNCVKXCUCNQURNCPGU
KPFKECFQU4GCTOGNQUVGORQTK\CFQTGUFGNQURNCPGUEQTTGURQPFKGPVGU2PICUGGPEQPVCEVQEQPGN
%GPVTQFG5GTXKEKQCN%NKGPVGFG#VNCU%QREQ%QPUWNVGNCUGEEKP/GP5GTXKEKQ


/CPWCNFGKPUVTWEEKQPGU

'ZKUVGWPCPQVKEKCFGCXKUQ
'UVGPEGPFKFQGN.'&
 [CRCTGEGTGPNCRCPVCNNCWPOGPUCLGFGCXKUQ
.QUKPFKECFQTGU
RCTRCFGCP[NCPQVKEKCFGCXKUQCRCTGEGCNVGTPCFCOGPVGEQPNCUPQVKEKCUSWG
KPFKECPUKGNEQORTGUQTOCTEJCGPFGUECTICQECTIC'UVGCXKUQKPFKEC
'PEQORTGUQTGUTGHTKIGTCFQURQTCIWCNCVGORGTCVWTCFGNCIWCFGTGHTKIGTCEKPGZEGFGGNPKXGNFG
CXKUQRTQITCOCFQ
'PEQORTGUQTGU(WNN(GCVWTGEQPUGECFQT+(&NCVGORGTCVWTCFGNRWPVQFGTQEQGUFGOCUKCFQCNVC
GPTGNCEKPEQPNCVGORGTCVWTCCODKGPVG
2CTGGNEQORTGUQT[FGUEQPGEVGGNXQNVCLG+PURGEEKQPGGNEQORTGUQT[UQNWEKQPG

 /GP&CVQUOGFKFQU

2CPGNFGEQPVTQN

(WPEKP
+PXQECTKPHQTOCEKPCEGTECFGNQUFCVQUOGFKFQUCEVWCNOGPVG[GNGUVCFQFGCNIWPCUGPVTCFCURGL
RTQVGEEKPFGUQDTGECTICFGNOQVQT%QPUWNVGGNHNWLQFGOGPUGPNCUGEEKP2TQITCOCUFGEQPVTQN

2TQEGFKOKGPVQ
'ORG\CPFQFGUFGNC2CPVCNNCRTKPEKRCN
XCUGGNOGPFG2CPVCNNCRTKPEKRCN 
2WNUGNCVGENC/GP
( 
2WNUGNCVGENCEQPHNGEJCCDCLQ
 JCUVCSWG&CVQUOGFKFQUCRCTG\ECUGIWKFQFGWPCHNGEJC
JQTK\QPVCN
#EVKXGGNOGPRWNUCPFQNCVGENCFGVCDWNCEKP
 
#NRWNUCTNCUVGENCUFGFGURNC\COKGPVQ
 GPEQPVTCTWPPOGTQFGFCVQUCEVWCNOGPVGOGFKFQU
5KWPQFGNQUUGPUQTGUXCEQPGEVCFQCWPCHWPEKPFGRCTCFCFGCNCTOCUGTXKEKQQCXKUQGURQUKDNG
KPXQECTVCPVQGNXCNQTCEVWCNOGPVGOGFKFQEQOQGNPKXGNEQTTGURQPFKGPVGFGRCTCFCFGCNCTOCCXKUQ
QUGTXKEKQEQPVCPUNQRWNUCTNCVGENC
 


/CPWCNFGKPUVTWEEKQPGU

 /GP%QPVCFQTGU

2CPGNFGEQPVTQN

(WPEKP
2CTCKPXQECT
.CUJQTCUFGHWPEKQPCOKGPVQ
.CUJQTCUFGECTIC
'NPOGTQFGCTTCPSWGUFGNOQVQT
'NPOGTQFGJQTCUSWGGNTGIWNCFQT
OFWNQ JCGUVCFQDCLQVGPUKP
'NPOGTQFGEKENQUFGECTIC

2TQEGFKOKGPVQ
'ORG\CPFQFGUFGNC2CPVCNNCRTKPEKRCN
XCUGGNOGPFG2CPVCNNCRTKPEKRCN 
2WNUGNCVGENC/GP
( 
2WNUGNCVGENCEQPHNGEJCCDCLQ
 JCUVCSWGNCQREKP%QPVCFQTGUXC[CUGIWKFCFGWPCHNGEJC
JQTK\QPVCN
2WNUGNCVGENCFGVCDWNCEKP
 RCTCCEVKXCTGNOGP
#NRWNUCTNCVGENCEQPHNGEJC
 UGRWGFGPGPEQPVTCTNQUFCVQUOGPEKQPCFQUCPVGTKQTOGPVG

'LGORNQFGWPCRCPVCNNC%QPVCFQTGU

*QTCU(PEVQ
JTU JTU


/GP
( ( (


/CPWCNFGKPUVTWEEKQPGU

 /GP2TWGDC

2CPGNFGEQPVTQN

(WPEKP
.NGXCTCECDQWPCRTWGDCFGFKURNC[GUFGEKTEQORTQDCTUKGNFKURNC[[NQU.'&UKIWGPKPVCEVQU

2TQEGFKOKGPVQ
'ORG\CPFQFGUFGNC2CPVCNNCRTKPEKRCN
XCUGGNOGPFG2CPVCNNCRTKPEKRCN 
2WNUGNCVGENC/GP
( 
2WNUGNCVGENCEQPHNGEJCCDCLQ
 JCUVCSWGNCQREKP2TWGDCXC[CUGIWKFCFGWPCHNGEJCJQTK\QPVCN
#EVKXGGNOGPRWNUCPFQNCVGENCFGVCDWNCEKP
 
.CQREKP2TQDCTRCPVCNNCUGTUGIWKFCFGWPCHNGEJCJQTK\QPVCN
2CTCRTQDCTGNFKURNC[RWNUGNCVGENC
 &WTCPVGNCRTWGDCGNTGIWNCFQTIGPGTCTWPCUGTKGFG
RCVTQPGUGPGNFKURNC[SWGRGTOKVGPCNWUWCTKQEQORTQDCTSWGECFCRZGNHWPEKQPCCPFGHQTOC
PQTOCNNQU.'&UGGPEKGPFGPCNCXG\

 /GP/QFKHKECEKPFGRCTOGVTQU

(WPEKP
/QFKHKECTWPPOGTQFGCLWUVGURTQITCOCDNGU
2CTOGVTQU
XCUGNCUGEEKP/QFKHKECTRCTOGVTQU 
2TQVGEEKQPGU
XCUGNCUGEEKP/QFKHKECTRTQVGEEKQPGU 
#LWUVGUFGRNCPGUFGUGTXKEKQ
XCUGNCUGEEKP/QFKHKECTNQUCLWUVGUFGRNCPGUUGTXKEKQ 
#LWUVGUFGNCHWPEKPFGTGNQL
XCUGNCUGEEKP/QFKHKECTNQUCLWUVGUFGNCHWPEKPFGTGNQL 
#LWUVGUFGEQPHKIWTCEKP
XCUGNCUGEEKP/QFKHKECTNQUCLWUVGUFGEQPHKIWTCEKP 


/CPWCNFGKPUVTWEEKQPGU

 /QFKHKECEKPFGRCTOGVTQU

2CPGNFGEQPVTQN

(WPEKP
/QFKHKECTWPPOGTQFGRCTOGVTQU%QPUWNVGGNHNWLQFGOGPUGPNCUGEEKP2TQITCOCUFGEQPVTQN

2TQEGFKOKGPVQ
'ORG\CPFQFGUFGNC2CPVCNNCRTKPEKRCN
XCUGGNOGPFG2CPVCNNCRTKPEKRCN 
2WNUGNCVGENC/GP
( 
2WNUGNCVGENCEQPHNGEJCCDCLQ
 JCUVCSWG/QFKHKERCTOGVXC[CUGIWKFCFGWPCHNGEJCJQTK\QPVCN
#EVKXGGNOGPRWNUCPFQNCVGENCFGVCDWNCEKP
 
'NRTKOGTEQORQPGPVG2CTOGVTQUCRCTGEGTUGIWKFQFGWPCHNGEJCJQTK\QPVCN
2WNUGNCVGENCFGVCDWNCEKP
 UGOQUVTCTPGNRTKOGTEQORQPGPVG 2TGUKPECTIC [UWCLWUVG
2WNUGNCVGENCEQPHNGEJCCDCLQ
 JCUVCSWGGNRCTOGVTQSWGUGXCCOQFKHKECTCRCTG\ECUGIWKFQFG
WPCHNGEJCJQTK\QPVCN

/QFKHKECTRTGUKQPGUFGECTIC[FGUECTIC
5KCUUGFGUGCGNQRGTCFQTRWGFGRTQITCOCTFQUDCPFCUFGRTGUKP
DCPFC[DCPFC EQPRTGUKQPGU
FGECTIC[FGUECTICFKHGTGPVGU.QUCLWUVGURCTCNCDCPFCXCPKPFKECFQU 2TGUKPECTIC [ 2TGUKP
FGUECTI NQUCLWUVGURCTCNCDCPFCXCPKPFKECFQU 2TGUECTIC [ 2TGUFGUECTIC 
'LGORNQ
2CTCNCDCPFCFGRTGUKP
2TGUKPFGECTICDCT
2TGUKPFGFGUECTICDCT
2CTCNCDCPFCFGRTGUKP
2TGUKPFGECTICDCT
2TGUKPFGFGUECTICDCT
2TQEGFKOKGPVQ
%QPUWNVGNCUGEEKPCPVGTKQT2TQEGFKOKGPVQRCTCUGNGEEKQPCTNC 2TGUKPECTIC 


/CPWCNFGKPUVTWEEKQPGU

2TGUKPECTIC
DCT 

/GP /QF
( ( (

.CRCPVCNNCKPFKECSWGGNCLWUVGEQTTKGPVGGUFGDCT
G 2CTCOQFKHKECTGNCLWUVGRWNUGNCVGENC
/QF
( RCTRCFGCTGNCLWUVG
%QPC[WFCFGNCVGENC.O
( UGRWGFGPGPEQPVTCTNCUNKOKVCEKQPGURCTCGNRCTOGVTQ
%CODKGGNCLWUVGEQPC[WFCFGNCUVGENCUFGFGURNC\COKGPVQ
 
2WNUGNCVGENC 2TQI 
( RCTCRTQITCOCTGNPWGXQCLWUVGQNCVGENC %CPE 
( RCTCECPEGNCTGN
RTQEGFKOKGPVQFGOQFKHKECEKP
'NRTQEGFKOKGPVQRCTCOQFKHKECTNC2TGUKPFGFGUECTICGURCTGEKFQ
5KGUPGEGUCTKQTGRKVCGNRTQEGFKOKGPVQRCTCNCDCPFCFGRTGUKP
'NRTQEGFKOKGPVQRCTCOQFKHKECTQVTQURCTOGVTQUGURCTGEKFQ

'NTGIWNCFQTUGPGICTCCEGRVCTPWGXQUXCNQTGUHWGTCFGNQUNOKVGU2WNUGNCVGENC
.ORCTCEQORTQDCTNCUNKOKVCEKQPGUFGNRCTOGVTQ%QPUWNVGNCUGEEKP#LWUVGU
RTQITCOCDNGURCTCEQPQEGTNQUCLWUVGUOUKORQTVCPVGU

 /QFKHKECEKPFGNQUCLWUVGUFGRTQVGEEKP

2CPGNFGEQPVTQN

(WPEKP
/QFKHKECTCLWUVGUFGRTQVGEEKP
2CTCFCFGCNCTOC
2TF RQTGLGORNQRCTCNCVGORGTCVWTCFGUCNKFCFGNGNGOGPVQEQORTGUQT
#XKUQFGRCTCFCFGCNCTOC
2TFC RQTGLGORNQRCTCNCVGORGTCVWTCFGUCNKFCFGNGNGOGPVQ
EQORTGUQT
#XKUQ
#XKU RQTGLGORNQNCVGORGTCVWTCFGNCIWCFGNQUEQORTGUQTGUTGHTKIGTCFQURQTCIWC
#XKUQFGUGTXKEKQ
5GTX RQTGLGORNQRCTCNCECFCFGRTGUKPOZKOCUQDTGGNUGRCTCFQTFGCEGKVG


/CPWCNFGKPUVTWEEKQPGU

%QORTQDCTCNIWPCUEQPFKEKQPGUFGNEQORTGUQTRGLGNGUVCFQFGNQUEQPVCEVQUFGUQDTGECTICFGNOQVQT
#NIWPQURCTOGVTQUPQRWGFGPOQFKHKECTUG

2TQEGFKOKGPVQ
'ORG\CPFQFGUFGNC2CPVCNNCRTKPEKRCN
XCUGGNOGPFG2CPVCNNCRTKPEKRCN 
2WNUGNCVGENC /GP 
( 
2WNUGNCVGENCEQPHNGEJCCDCLQ
 JCUVCSWG/QFKHKERCTOGVXC[CUGIWKFCFGWPCHNGEJCJQTK\QPVCN
#EVKXGGNOGPRWNUCPFQNCVGENCFGVCDWNCEKP
 
2WNUGNCVGENCEQPHNGEJCCDCLQ
 JCUVCSWGNCQREKP 2TQVGEEKQPGU XC[CUGIWKFCFGWPCHNGEJC
JQTK\QPVCN
2WNUGNCVGENCFGVCDWNCEKP
 UGOQUVTCTPGNRTKOGTEQORQPGPVG[UWCLWUVG
2WNUGNCVGENCEQPHNGEJCCDCLQ
 JCUVCSWGGNEQORQPGPVGSWGUGXCCOQFKHKECTXC[CUGIWKFQFG
WPCHNGEJCJQTK\QPVCN[CEQPVKPWCEKPRWNUGNCVGENCFGVCDWNCEKP
 

/QFKHKECTCLWUVGUFGVGORGTCVWTCFGNGNGOGPVQEQORTGUQT
%QPUWNVGNCUGEEKP2TQEGFKOKGPVQRCTCUGNGEEKQPCTGNRCTOGVTQ 5CNKFC'NGOGPVQ 'LGORNQ

5CNKFCGNGOGPVQ
u% 
2TF/Z 
/GP /QF
( ( (

.CRCPVCNNCOWGUVTCNCVGORGTCVWTCCEVWCN
u% [GNCLWUVGFGRCTCFCFGCNCTOC
u% 2CTC
OQFKHKECTGNCLWUVGRWNUGNCVGENC /QF 
( [GNCLWUVGRCTRCFGCT
%QPC[WFCFGNCVGENC.O
( UGRWGFGPGPEQPVTCTNCUNKOKVCEKQPGURCTCGNRCTOGVTQ
%CODKGGNCLWUVGEQPC[WFCFGNCUVGENCUFGFGURNC\COKGPVQ
 
2WNUGNCVGENC 2TQI 
( RCTCRTQITCOCTGNPWGXQCLWUVGQNCVGENC %CPE 
( RCTCECPEGNCTGN
RTQEGFKOKGPVQFGOQFKHKECEKP
.CRCPVCNNCOWGUVTCWPCHNGEJCJQTK\QPVCNSWGKPFKECSWGGNXCNQTFGNCXKUQFGRCTCFCFGCNCTOCRWGFG
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 JCUVCSWGNCQREKP 5GTXKEKQ XC[CUGIWKFCFGWPCHNGEJC
JQTK\QPVCN
#EVKXGGNOGPRWNUCPFQNCVGENCFGVCDWNCEKP
 
#RCTGEGWPCRCPVCNNCRCTGEKFCCNCSWGUGOWGUVTCCDCLQ

6GORQTUGTXKEKQ
*QTCU(PEVQ
JTU 
/GP
( ( (

.CRCPVCNNCOWGUVTCGNVKGORQFGHWPEKQPCOKGPVQVQVCNFGNEQORTGUQTJTU
2WNUGNCVGENCFGVCDWNCEKP
 UGOWGUVTCNCRCPVCNNCUKIWKGPVG

5KIWKGVGORQTK\
0KXGN #$%
JTU 
#VT 4GCT
( ( (

.CRCPVCNNCOWGUVTCSWGNQUUKIWKGPVGURNCPGUFGUGTXKEKQSWGFGDGPTGCNK\CTUGUQPNQURNCPGU#$[%
[SWGFGDGPTGCNK\CTUGECFCJQTCUFGHWPEKQPCOKGPVQ
2WNUGNCVGENCEQPHNGEJCCDCLQ
 RCTCEQPQEGTSWRNCPGUFGUGTXKEKQUGTGCNK\CTQPCPVGTKQTOGPVG
CRCTGEGTNCRCPVCNNCUKIWKGPVG


/CPWCNFGKPUVTWEEKQPGU

6GORQTCPVGTKQT
0KXGN #$
JTU 

( ( (

.CRCPVCNNCOWGUVTCSWGNQURNCPGUFGUGTXKEKQ#[$UGTGCNK\CTQPCNCUJQTCUFG
HWPEKQPCOKGPVQ
2CTGGNEQORTGUQTFGUEQPGEVGGNXQNVCLG[NNGXGCECDQNCUCEEKQPGUFGUGTXKEKQTGNCEKQPCFQUEQPNQU
RNCPGU#$[%EQPUWNVGNCUGEEKP2TQITCOCFGOCPVGPKOKGPVQRTGXGPVKXQ
%QPGEVGNCCNKOGPVCEKP[FGURNEGUGCNCRCPVCNNCFGUGTXKEKQ 5KIWKGVGORQTK\ 
2WNUGGNDQVP 4GCT
( %QPHKTOGNCRTGIWPVCFGTGCTOCT

'NDQVP 4GCT UNQCRCTGEGEWCPFQUGJC[CCNECP\CFQECUKGNPKXGN 5KIWKGVGORQTK\ 

&GURWUFGRWNUCTNCVGENCEQPHNGEJCCDCLQGPNCRCPVCNNC 6GORQTUGTXKEKQ UG


OWGUVTCPNCUJQTCUFG 8KFCVKN GUFGEKTGNPOGTQFGJQTCURCUCFCUFGUFGNC
RTQITCOCEKPKPKEKCNGPNCHDTKEC'NVGORQTK\CFQTPQUGVQOCGPEWGPVC

 /GP&CVQUIWCTFCFQU

2CPGNFGEQPVTQN

(WPEKP
+PXQECTCNIWPQUFCVQUFGNEQORTGUQTIWCTFCFQURQTGNTGIWNCFQT'UVQUFCVQUUQP
&CVQUFGNVKOCRCTCFCFGCNCTOC
&CVQUFGNVKOCRCTCFCFGGOGTIGPEKC

2TQEGFKOKGPVQ
'ORG\CPFQFGUFGNC2CPVCNNCRTKPEKRCN
2WNUGNCVGENC/GP
( 
2WNUGNCVGENCEQPHNGEJCCDCLQ
 JCUVCSWG&CVQUIWCTFCFQUXC[CUGIWKFCFGWPCHNGEJC
JQTK\QPVCN
2WNUGNCVGENCFGVCDWNCEKP
 RCTCCEVKXCTGNOGP


/CPWCNFGKPUVTWEEKQPGU

5GOWGUVTCNCNKUVCFGNCUNVKOCURCTCFCUFGCNCTOC[GOGTIGPEKC
&GURNEGUGRQTNQUEQORQPGPVGU[UGNGEEKQPGGNEQORQPGPVGFGUGCFQFGRCTCFCFGCNCTOCQ
GOGTIGPEKC
2WNUGNCVGENCFGVCDWNCEKP
 RCTCGPEQPVTCTNCHGEJCNCJQTC[QVTQUFCVQUSWGTGHNGLCPGNGUVCFQ
FGNEQORTGUQTFWTCPVGNCNVKOCRCTCFCFGCNCTOC

 #LWUVGURTQITCOCDNGU

2CTOGVTQURTGUKQPGUFGFGUECTICECTICRCTC)#9QTMRNCEG

#LWUVG #LWUVGFG #LWUVG


OPKOQ HDTKEC OZKOQ
2TGUKQPGUFGFGUECTIC
2TGUKPFGFGUECTIC
EQORTGUQTGUFG DCT
G   
DCT
2TGUKPFGFGUECTIC
EQORTGUQTGUFG RUKI   
DCT
2TGUKPFGFGUECTIC
EQORTGUQTGUFG DCT
G   
DCT
2TGUKPFGFGUECTIC
EQORTGUQTGUFG RUKI   
DCT
2TGUKPFGFGUECTIC
EQORTGUQTGUFG DCT
G   
DCT
2TGUKPFGFGUECTIC
EQORTGUQTGUFG RUKI   
DCT
2TGUKPFGFGUECTIC
EQORTGUQTGUFG DCT
G   
RUK
2TGUKPFGFGUECTIC
EQORTGUQTGUFG RUKI   
RUK
2TGUKPFGFGUECTIC
EQORTGUQTGUFG DCT
G   
RUK
2TGUKPFGFGUECTIC
EQORTGUQTGUFG RUKI   
RUK
2TGUKPFGFGUECTIC
EQORTGUQTGUFG DCT
G   
RUK
2TGUKPFGFGUECTIC
EQORTGUQTGUFG RUKI   
RUK
2TGUKPFGFGUECTIC
EQORTGUQTGUFG DCT
G   
RUK
2TGUKPFGFGUECTIC
EQORTGUQTGUFG RUKI   
RUK
2TGUKQPGUFGECTIC
2TGUKPFGECTIC
EQORTGUQTGUFG DCT
G   
DCT
2TGUKPFGECTIC
EQORTGUQTGUFG RUKI   
DCT


/CPWCNFGKPUVTWEEKQPGU

#LWUVG #LWUVGFG #LWUVG


OPKOQ HDTKEC OZKOQ
2TGUKPFGECTIC
EQORTGUQTGUFG DCT
G   
DCT
2TGUKPFGECTIC
EQORTGUQTGUFG RUKI   
DCT
2TGUKPFGECTIC
EQORTGUQTGUFG DCT
G   
DCT
2TGUKPFGECTIC
EQORTGUQTGUFG RUKI   
DCT
2TGUKPFGECTIC
EQORTGUQTGUFG DCT
G   
RUK
2TGUKPFGECTIC
EQORTGUQTGUFG RUKI   
RUK
2TGUKPFGECTIC
EQORTGUQTGUFG DCT
G   
RUK
2TGUKPFGECTIC
EQORTGUQTGUFG RUKI   
RUK
2TGUKPFGECTIC
EQORTGUQTGUFG DCT
G   
RUK
2TGUKPFGECTIC
EQORTGUQTGUFG RUKI   
RUK
2TGUKPFGECTIC
EQORTGUQTGUFG DCT
G   
RUK
2TGUKPFGECTIC
EQORTGUQTGUFG RUKI   
RUK

2CTOGVTQURTGUKQPGUFGFGUECTICECTICRCTC)#9QTMRNCEG(WNN(GCVWTG

#LWUVG #LWUVGFG #LWUVG


OPKOQ HDTKEC OZKOQ
2TGUKQPGUFGFGUECTIC
2TGUKPFGFGUECTIC
EQORTGUQTGUFG DCT
G   
DCT
2TGUKPFGFGUECTIC
EQORTGUQTGUFG RUKI   
DCT
2TGUKPFGFGUECTIC
EQORTGUQTGUFG DCT
G   
DCT
2TGUKPFGFGUECTIC
EQORTGUQTGUFG RUKI   
DCT
2TGUKPFGFGUECTIC
EQORTGUQTGUFG DCT
G   
DCT
2TGUKPFGFGUECTIC
EQORTGUQTGUFG RUKI   
DCT
2TGUKPFGFGUECTIC
EQORTGUQTGUFG DCT
G   
RUK
2TGUKPFGFGUECTIC
EQORTGUQTGUFG RUKI   
RUK


/CPWCNFGKPUVTWEEKQPGU

#LWUVG #LWUVGFG #LWUVG


OPKOQ HDTKEC OZKOQ
2TGUKPFGFGUECTIC
EQORTGUQTGUFG DCT
G   
RUK
2TGUKPFGFGUECTIC
EQORTGUQTGUFG RUKI   
RUK
2TGUKPFGFGUECTIC
EQORTGUQTGUFG DCT
G   
RUK
2TGUKPFGFGUECTIC
EQORTGUQTGUFG RUKI   
RUK
2TGUKPFGFGUECTIC
EQORTGUQTGUFG DCT
G   
RUK
2TGUKPFGFGUECTIC
EQORTGUQTGUFG RUKI   
RUK
2TGUKQPGUFGECTIC
2TGUKPFGECTIC
EQORTGUQTGUFG DCT
G   
DCT
2TGUKPFGECTIC
EQORTGUQTGUFG RUKI   
DCT
2TGUKPFGECTIC
EQORTGUQTGUFG DCT
G   
DCT
2TGUKPFGECTIC
EQORTGUQTGUFG RUKI   
DCT
2TGUKPFGECTIC
EQORTGUQTGUFG DCT
G   
DCT
2TGUKPFGECTIC
EQORTGUQTGUFG RUKI   
DCT
2TGUKPFGECTIC
EQORTGUQTGUFG DCT
G   
RUK
2TGUKPFGECTIC
EQORTGUQTGUFG RUKI   
RUK
2TGUKPFGECTIC
EQORTGUQTGUFG DCT
G   
RUK
2TGUKPFGECTIC
EQORTGUQTGUFG RUKI   
RUK
2TGUKPFGECTIC
EQORTGUQTGUFG DCT
G   
RUK
2TGUKPFGECTIC
EQORTGUQTGUFG RUKI   
RUK
2TGUKPFGECTIC
EQORTGUQTGUFG DCT
G   
RUK
2TGUKPFGECTIC
EQORTGUQTGUFG RUKI   
RUK


/CPWCNFGKPUVTWEEKQPGU

2CTOGVTQU

#LWUVG #LWUVGFG #LWUVG


OPKOQ HDTKEC OZKOQ
6KGORQFGHWPEKQPCOKGPVQGPGUVTGNNCFGN UGI   
OQVQT
6KGORQFGTGVTCUQFGECTIC
GUVTGNNC UGI   
VTKPIWNQ
0OGTQFGCTTCPSWGUFGNOQVQT CTTCPSWGUFC   
6KGORQFGRCTCFCOPKOQ UGI  
6KGORQFGRCTCFCRTQITCOCFQ UGI   
6KGORQFGTGUVCDNGEKOKGPVQFGRQVGPEKC UGI   

#4#8(
4GVTCUQFGTGCTTCPSWG UGI   
6KGORQNOKVGFGEQOWPKECEKP UGI   

2TQVGEEKQPGU

#LWUVG #LWUVGFG #LWUVG


OPKOQ HDTKEC OZKOQ
6GORGTCVWTCFGUCNKFCFGNGNGOGPVQ u%  
EQORTGUQT
PKXGNFGCXKUQFGRCTCFCFG
CNCTOC
6GORGTCVWTCFGUCNKFCFGNGNGOGPVQ u(  
EQORTGUQT
PKXGNFGCXKUQFGRCTCFCFG
CNCTOC
6GORGTCVWTCFGUCNKFCFGNGNGOGPVQ u%   
EQORTGUQT
PKXGNFGRCTCFCFGCNCTOC
6GORGTCVWTCFGUCNKFCFGNGNGOGPVQ u(   
EQORTGUQT
PKXGNFGRCTCFCFGCNCTOC

#LWUVG #LWUVGFG #LWUVG


OPKOQ HDTKEC OZKOQ
5GRCTCFQTFGCEGKVG
FKHGTGPEKCFG DCT  
RTGUKP
5GRCTCFQTFGCEGKVG
FKHGTGPEKCFG RUK  
RTGUKP
5GRCTCFQTFGCEGKVG
TGVTCUQCUGCN UGI   

2CTCEQORTGUQTGU(WNN(GCVWTG #LWUVG #LWUVGFG #LWUVG


OPKOQ HDTKEC OZKOQ
4GVTCUQCNCUGCN UGI   
4GVTCUQCNCTTCPSWG UGI   


/CPWCNFGKPUVTWEEKQPGU

2CTCEQORTGUQTGUTGHTKIGTCFQURQTCIWC #LWUVG #LWUVGFG #LWUVG


VCODKP OPKOQ HDTKEC OZKOQ
6GORGTCVWTCFGGPVTCFCFGNCIWCFG u%   
TGHTKIGTCEKP
PKXGNFGCXKUQ
6GORGTCVWTCFGGPVTCFCFGNCIWCFG u(   
TGHTKIGTCEKP
PKXGNFGCXKUQ
6GORGTCVWTCFGUCNKFCFGNCIWCFG u%   
TGHTKIGTCEKP
PKXGNFGCXKUQ
6GORGTCVWTCFGUCNKFCFGNCIWCFG u(   
TGHTKIGTCEKP
PKXGNFGCXKUQ
4GVTCUQCNCUGCNFGCXKUQ UGI   
4GVTCUQGPGNCTTCPSWG UGI   

2NCPFGUGTXKEKQ
%QPUWNVGVCODKPNCUGEEKP2TQITCOCFGOCPVGPKOKGPVQRTGXGPVKXQ
%QPUWNVGC#VNCU%QREQUKJC[SWGECODKCTWPCLWUVGFGVGORQTK\CFQT.QUKPVGTXCNQUPQRWGFGPGZEGFGT
NQUKPVGTXCNQUPQOKPCNGU[FGDGPEQKPEKFKTNIKECOGPVG%QPUWNVGNCUGEEKP/QFKHKECEKPFG2NCPGUFG
UGTXKEKQ

#LWUVG #LWUVGFG #LWUVG


OPKOQ HDTKEC OZKOQ
2NCPFGUGTXKEKQ#
JQTCUFG J 
HWPEKQPCOKGPVQ
2NCPFGUGTXKEKQ$
JQTCUFG J 
HWPEKQPCOKGPVQ
2NCPFGUGTXKEKQ%
JQTCUFG J 
HWPEKQPCOKGPVQ

6GTOKPQNQIC

6TOKPQ +PVGTRTGVCEKP
#4#8( 4GCTTCPSWGCWVQOVKEQFGURWUFGKPVGTTWREKPFGNXQNVCLG%QPUWNVGNCUGEEKP
4GIWNCFQT'NGMVTQPKMQP++
6GORGTCVWTCFG 'NTGIWNCFQTUGPGICTCCEGRVCTCLWUVGUKNIKEQURGLUKGNPKXGNFGCXKUQGUV
UCNKFCFGN RTQITCOCFQCu%u(GNNOKVGOPKOQFGNPKXGNFGRCTCFCUGECODKCTC
GNGOGPVQ u%u(.CFKHGTGPEKCTGEQOGPFCFCGPVTGGNPKXGNFGCXKUQ[GNPKXGNFGRCTCFC
EQORTGUQT FGCNCTOCGUFGu%u( 


/CPWCNFGKPUVTWEEKQPGU

6TOKPQ +PVGTRTGVCEKP
4GVTCUQCNC 'UGNRGTQFQFWTCPVGGNEWCNFGDGGZKUVKTNCUGCNCPVGUFGSWGUGRCTGGNEQORTGUQT
UGCNFGRCTCFC 5KGURTGEKUQSWGUGRTQITCOGGUVGCLWUVGCQVTQXCNQTEQPUWNVGC#VNCU%QREQ
FGCNCTOC
5GRCTCFQTFG 7VKNKEGPKECOGPVGUGRCTCFQTGUFGCEGKVGFG#VNCU%QREQ.COZKOCFKHGTGPEKCFG
CEGKVG RTGUKPTGEQOGPFCFCGUFGDCTRUK
6KGORQFG 'UGNRGTQFQFWTCPVGGNEWCNFGDGTGUVCDNGEGTUGGNXQNVCLGRCTCXQNXGTCCTTCPECT
TGUVCDNGEKOKGPVQ CWVQOVKECOGPVG#EEGUKDNGUKGUVCEVKXCFQGNTGCTTCPSWGCWVQOVKEQ%QPUWNVG
FGRQVGPEKC 4GIWNCFQT'NGMVTQPKMQP++2CTCCEVKXCTNCHWPEKPFGTGCTTCPSWGCWVQOVKEQEQPUWNVG
C#VNCU%QREQ
6KGORQFG 7PCXG\RCTCFQCWVQOVKECOGPVGGNEQORTGUQTSWGFCTRCTCFQRQTGNVKGORQ
RCTCFCOPKOQ OPKOQFGRCTCFC
UGIWPFQUCRTQZKOCFCOGPVG RCUGNQSWGRCUGEQPNCRTGUKP
FGNCTGFFGCKTG%QPUWNVGC#VNCU%QREQUKTGSWKGTGWPCLWUVGKPHGTKQTC
UGIWPFQU
2TGUKPFG 'NTGIWNCFQTPQCEGRVCTCLWUVGUKNIKEQURGLUKNCRTGUKPFGFGUECTICGUV
FGUECTICECTIC RTQITCOCFCCDCT
G RUKIGNNOKVGOZKOQFGNCRTGUKPFGECTICUG
ECODKCTCDCT
G RUKI.COPKOCFKHGTGPEKCFGRTGUKPTGEQOGPFCFCGPVTG
ECTIC[FGUECTICGUFGDCTRUKI


/CPWCNFGKPUVTWEEKQPGU

 5GRCTCFQTFGCEGKVGEQPFGPUCFQ15&

 7PKFCF15&

5GRCTCFQTGUFGCEGKVGEQPFGPUCFQ
'NCKTGEQORTKOKFQSWGUCNGFGNQUEQORTGUQTGUKP[GEVCFQUFGCEGKVGEQPVKGPGCEGKVG&WTCPVGNC
TGHTKIGTCEKPFGGUVGCKTGUGHQTOCEQPFGPUCFQSWGEQPVKGPGCEGKVG.QU15%GUVPFKUGCFQURCTC
UGRCTCTNCOC[QTRCTVGFGGUVGCEGKVGFGNEQPFGPUCFQ[TGEQIGTNQGPWPEQNGEVQT'NEQPFGPUCFQEWORNG
VQFQUNQUTGSWKUKVQUFGNCNGIKUNCEKPOGFKQCODKGPVCN
5GRWGFGWVKNK\CTWP15&FG)# C)#[FG)#85&C)#85&

8KUVCIGPGTCNFG15&GLGORNQVRKEQ

4GHGTGPEKC &GUKIPCEKP
 4GEKRKGPVG
 /CPOGVTQHKNVTQ
 (KNVTQFGCEGKVG
 %QNGEVQTFGCEGKVG
 'PVTCFCFGEQPFGPUCFQ


/CPWCNFGKPUVTWEEKQPGU

4GHGTGPEKC &GUKIPCEKP
 &RFGHKNVTQ
 5CNKFCFGEQPFGPUCFQNKORKQ
 5CNKFCFGCEGKVG
 %WDKGTVC
 2TGHKNVTQ

(WPEKQPCOKGPVQFG15&
'NEQPFGPUCFQSWGEQPVKGPGIQVCUFGCEGKVGHNW[GCVTCXUFGWPRTGHKNVTQ
 JCEKCGNEQNCFQT
 'N
EQPFGPUCFQHNW[GCVTCXUFGNHKNVTQ
 GPGNSWGNCUIQVCUUGWPGPHQTOCPFQIQVCUOC[QTGU'UVGCEGKVG
UGEQPFWEGCNTGEKRKGPVGFGCIWC
 FQPFGHNQVCCECWUCFGNCFKHGTGPEKCFGOCUCGURGEHKEC'N
TGEKRKGPVGGUVFQVCFQFGFQUUCNKFCUKPFGRGPFKGPVGUWPCRCTCEQPFGPUCFQ
 SWGUGFKTKIGCNGZVGTKQT
FGNCECTTQEGTC[QVTCRCTCGNCEGKVGUGRCTCFQ
 SWGSWGFCCVTCRCFQGPGNEQNGEVQT
 

 +PUVCNCEKP

7DKECEKPFG15&

&G)# C)#)#85&[)#85&


/CPWCNFGKPUVTWEEKQPGU

2WPVQUFGFTGPCLGFGEQPFGPUCFQ

&G)# C)#9QTMRNCEG[FG)#85&C)#85&9QTMRNCEG

&G)# C)#(WNN(GCVWTG[FG)#85&C)#85&(WNN(GCVWTG

2TQEGFKOKGPVQ
 2CTGGNEQORTGUQT[EKGTTGNCXNXWNCFGUCNKFCFGCKTG&GURTGUWTKEGGNUKUVGOCFGUCNKFCFGCKTG
RWNUCPFQGNDQVPFGRTWGDCSWGUGGPEWGPVTCUQDTGNQUFKURQUKVKXQUGNGEVTPKEQUFGFTGPCLGFG
CIWC&GUEQPGEVGGNXQNVCLG
+PUVCNGWPCWPKFCF15&RCTCEQORTGUQTGU9QTMRNCEG
+PUVCNGFQUWPKFCFGU15&RCTCEQORTGUQTGU(WNN(GCVWTG
%QPUWNVGNCUGEEKP5KUVGOCFGEQPFGPUCFQRCTCEQPQEGTNCWDKECEKPFGNQURWPVQUFGFTGPCLG[FG
NQUFKURQUKVKXQUGNGEVTPKEQUFGFTGPCLGFGCIWC
 #HNQLGGNVWDQFGFTGPCLGFGEQPFGPUCFQFGNEQNGEVQTFGNEQORTGUQTFGUFGUWCEQRNCOKGPVQ
&C 
#EQPVKPWCEKPCHNQLGGNVWDQFGFTGPCLGFGEQPFGPUCFQFGNEQNGEVQTFGEQPFGPUCFQFGNUGECFQT
FGUFGUWCEQRNCOKGPVQ
&C 
 %QNQSWGGNMKVUGRCTCFQTEQOQUGOWGUVTC[HLGNQEQPRGTPQU
 
 (KLGGNUQRQTVG
 EQPRGTPQU
 
 %QPGEVGGNVWDQFGFTGPCLGUWGNVQFGUFGGNRWPVQFGFTGPCLGFGEQPFGPUCFQ
&C JCUVCNCEQPGZKP
FGNRTGHKNVTQ
 
%QPGEVGGNVWDQFGFTGPCLGUWGNVQFGUFGGNRWPVQFGFTGPCLGFGEQPFGPUCFQ
&C JCUVCNCEQPGZKP
FGNRTGHKNVTQ
 
 'ZVTCKICGNCEQRNCFQT
&C GKPUVCNGNQUCEQRNCOKGPVQUUWOKPKUVTCFQUEQPGNMKVUGRCTCFQT
%QPGEVGGNVWDQFGCIWC
 CNNCFQRQUVGTKQTFGNCEQRNCOKGPVQ
&E &KTKLCGNVWDQHNGZKDNGFGUCNKFC
FGEQPFGPUCFQFGUFGGNCEQRNCOKGPVQ
&E JCEKCGNUKUVGOCFGFTGPCLGFGEQPFGPUCFQ
2CTCNQUEQORTGUQTGU9QTMRNCEG(WNN(GCVWTGTGRKVCGUVCCEEKPOGFKCPVGNCGZVTCEEKPFGN
CEQRNCFQT
&C [NCKPUVCNCEKP[EQPGZKPFGWPCEQRNCFQT
&E FGNUGIWPFQ15&
 'ZVTCKICNCVCRC
 [TGNNGPGGNTGEKRKGPVG
 EQPCIWCJCUVCSWGUVCHNW[CCVTCXUFGNCUCNKFCFG
CIWCFGN15&
 8WGNXCCKPUVCNCTNCVCRC


/CPWCNFGKPUVTWEEKQPGU

 +PUVTWEEKQPGUFGHWPEKQPCOKGPVQ[OCPVGPKOKGPVQ

2TGECWEKQPGUFGUGIWTKFCF

#PVGUFGNNGXCTCECDQEWCNSWKGTQRGTCEKPFGOCPVGPKOKGPVQTGRCTCEKPQCLWUVG
RTQEGFCFGNCUKIWKGPVGOCPGTC
2CTGGNEQORTGUQT
%KGTTGNCXNXWNCFGUCNKFCFGCKTG[RWNUGGNDQVPFGRTWGDCSWGUGGPEWGPVTC
UQDTGGNFKURQUKVKXQGNGEVTPKEQFGFTGPCLGFGCIWCJCUVCSWGGNUKUVGOCFGCKTG
SWGUGGPEWGPVTCGPVTGGNTGEGRVQTFGCKTG[NCXNXWNCFGUCNKFCGUV
EQORNGVCOGPVGFGURTGUWTK\CFQ
2WNUGGNDQVPFGRCTCFCFGGOGTIGPEKC
&GUEQPGEVGGNXQNVCLG
&GURTGUWTKEGGNEQORTGUQT
2CTCQDVGPGTKPUVTWEEKQPGUFGVCNNCFCUEQPUWNVG5QNWEKPFGRTQDNGOCU
'NQRGTCFQTFGDGQDUGTXCTVQFCUNCU2TGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGU

+PUVTWEEKQPGUFGHWPEKQPCOKGPVQ

+PVGTKQTFG15&

#PVGUFGCTTCPECTEQORTWGDGSWGGNTGEKRKGPVG
 GUVNNGPQ5KGUPGEGUCTKQXKGTVCCIWCGPGN
EQPFWEVQFGTGNNGPQ
 JCUVCSWGHNW[CCVTCXUFGNVWDQ
 8WGNXCCKPUVCNCTNCVCRC
&WTCPVGGNHWPEKQPCOKGPVQFGNEQORTGUQTUGCEWOWNCWPCECRCFGCEGKVGUQDTGGNPKXGNFGNCIWCFGN
TGEKRKGPVG
 'PHWPEKPFGNCECRCEKFCFFGNEQORTGUQT[FGUWEKENQQRGTCVKXQNCJWOGFCFFGNCKTG
FGGPVTCFC[GNEQPVGPKFQFGCEGKVGFGNCKTGEQORTKOKFQRWGFGPRCUCTXCTKCUUGOCPCUQOGUGUCPVGU
FGSWGUGRWGFCQDUGTXCTWPPKXGNFGCEGKVGGPGNEQNGEVQT
 
2GTKFKECOGPVGEQORTWGDGSWGGNTGEKRKGPVG
 GUVNNGPQ5KGUPGEGUCTKQXKGTVCCIWCGPGN
EQPFWEVQFGTGNNGPQ
 JCUVCSWGHNW[CCVTCXUFGNVWDQ
 /CPVGPICNCVCRCKPUVCNCFC

2WPVQUFGFTGPCLGFGEQPFGPUCFQ

&G)# C)#9QTMRNCEG)#85&[)#85&9QTMRNCEG


/CPWCNFGKPUVTWEEKQPGU

&G)# C)#(WNN(GCVWTG)#85&[)#85&(WNN(GCVWTG

+PUVTWEEKQPGUFGOCPVGPKOKGPVQ
%QPUWNVGNCUGEEKP7PKFCF15&RCTCEQPQEGTNCUTGHGTGPEKCU

+PVGTXCNQ *QTCUFG 1RGTCEKP


HWPEKQPCOKGPVQ
5GOCPCN  %QORTWGDGGNOCPOGVTQ
 5KNCRTGUKPCNECP\CDCT
G 

RUKI QECFCJQTCUFGHWPEKQPCOKGPVQTGGORNCEGGNHKNVTQ

 [FGUCVQTPNNGNQ.NGPGGNPWGXQHKNVTQEQPCIWCCEGKVG
NKIGTCOGPVGNCLWPVCCVQTPNNGNQ[CRTKGVGCOCPQ
OGFKCXWGNVC
CRTQZKOCFCOGPVG %QORTWGDGGNEQNCFQT
 [UKGUPGEGUCTKQ
NORKGNQ
/GPUWCNOGPVG  %QORTWGDGGNPKXGNFGNCEGKVGGPGNEQNGEVQT
 5KUGJCNNCECUK
NNGPQFGUEQPGEVGGNVWDQFGCEGKVG
 [GPVTGIWGGNCEGKVGCN
UGTXKEKQNQECNFGTGEQIKFCFGCEGKVG8WGNXCCKPUVCNCTWPEQNGEVQT
XCEQ
%QORTWGDGGNRTGHKNVTQ
 NORKGNQUKGUPGEGUCTKQ

 2KEVQITCOCU

2KEVQITCOCUOQUVTCFQUGP15&

4GHGTGPEKC &GUETKREKP
 #EGKVG
 5CNKFCFGCEGKVG
 5CNKFCFGEQPFGPUCFQ
 2TGUKP


/CPWCNFGKPUVTWEEKQPGU

4GHGTGPEKC &GUETKREKP
 'PVTCFC
 2WPVQFGUGTXKEKQ
 2TGUKPFGGPVTCFCFGNUGRCTCFQT
 .WDTKSWGNCLWPVCCVQTPKNNGGNHKNVTQ[CRTKGVGCOCPQ
CRTQZKOCFCOGPVGOGFKCXWGNVC
 %QPUWNVGGNHQNNGVQFGKPUVTWEEKQPGUCPVGUFGTGCNK\CTTGRCTCEKQPGUQOCPVGPKOKGPVQ


/CPWCNFGKPUVTWEEKQPGU

 +PUVCNCEKP

 &KDWLQUFGFKOGPUKQPGU

/QFGNQUFGN)# CN)#

/QFGNQUFGN)# CN)#


/CPWCNFGKPUVTWEEKQPGU

%GPVTQFGITCXGFCF

7PKFCF %QP %QP %QP 5KP 5KP 5KP


UGECFQT UGECFQT UGECFQT UGECFQT UGECFQT UGECFQT
6KRQ . . $ * . $ *
/QFGNQUFGN OO      
)# CN
)#
/QFGNQUFGN RWNICFCU      
)# CN
)#

&KOGPUKQPGUGPOO OO
2GUQ

%GPVTQFGITCXGFCF 7PKFCF 2GUQ 2GUQ


6KRQ %QPUGECFQT 5KPUGECFQT
)# MI  

)# ND  

)# MI  
)# ND  
)# MI  
)# ND  

2GUQGPMI
CEGKVGKPENWKFQ  MI

4GHGTGPEKC &GUKIPCEKP
 2CUQFGECDNGGNEVTKEQ
 5CNKFCFGCIWCFGTGHTKIGTCEKP
 'PVTCFCFGCIWCFGTGHTKIGTCEKP
 5CNKFCFGCKTGFGTGHTKIGTCEKPFGNEQORTGUQT
 5CNKFCFGCKTGFGTGHTKIGTCEKPFGNUGECFQT
 5CNKFCFGCKTGEQORTKOKFQ
 'PVTCFCFGCKTGFGTGHTKIGTCEKP
 5CNKFCFGTGEWRGTCEKPFGGPGTIC
 'PVTCFCFGTGEWRGTCEKPFGGPGTIC
 #KTGEQORTKOKFQUCNKFCFGFGTKXCEKPFGNUGECFQT
 &TGPCLGCWVQOVKEQUGECFQT
GPWPKFCFGU9QTMRNCEG(WNN(GCVWTG
 5CNKFCFGFTGPCLGCWVQOVKEQTGHTKIGTCFQTRQUVGTKQT
 &TGPCLGWPKFCF15&
QREKQPCN


/CPWCNFGKPUVTWEEKQPGU

 2TQRWGUVCFGKPUVCNCEKP

'LGORNQFGUCNCFGEQORTGUQTGU

'LGORNQFGUCNCFGEQORTGUQTGU


/CPWCNFGKPUVTWEEKQPGU

6GZVQGPFKDWLQ


 'URCEKQNKDTGOPKOQSWGFGDGTGUGTXCTRCTCNCKPUVCNCEKPFGNEQORTGUQT

 2TQRWGUVCUFGXGPVKNCEKP
EQORTGUQTGUTGHTKIGTCFQURQTCKTG

 5KUVGOCUFGTGHTKIGTCEKP
EQORTGUQTGUTGHTKIGTCFQURQTCIWC

&GUETKREKP

 +PUVCNGGNEQORTGUQTUQDTGWPUWGNQPKXGNCFQ[UNKFQSWGRWGFCUQRQTVCTUWRGUQ
 2QUKEKPFGNCXNXWNCFGUCNKFCFGCKTGEQORTKOKFQ
 'NNCTIQOZKOQFGNCUVWDGTCUVQVCNGU
KPENWUQNCVWDGTCFGKPVGTEQPGZKPGPVTGGN
EQORTGUQT[GNFGRUKVQ UGECNEWNCFGNCHQTOCUKIWKGPVG
FR
.ZZ3E 
FZR
FFKOGVTQKPVGTKQTFGNVWDQFGUCNKFCGPOO
FRECFCFGRTGUKP
OZKOQTGEQOGPFCFQDCTRUK
.NQPIKVWFFGNVWDQFGUCNKFCGPO
RRTGUKPCDUQNWVCGPNCUCNKFCFGNEQORTGUQTGPDCT
C
3EUWOKPKUVTQFGCKTGNKDTGFGNEQORTGUQTGPNU
 8GPVKNCEKPNCURCTTKNNCUFGCURKTCEKP[GNXGPVKNCFQTFGDGPKPUVCNCTUGFGHQTOCSWG
UGGXKVGNCTGEKTEWNCEKPFGNCKTGFGTGHTKIGTCEKPCNEQORTGUQTQCNUGECFQT.C
XGNQEKFCFOZKOCFGNCKTGCVTCXUFGNCURCTTKNNCUGUFGOU
HVU 
.CVGORGTCVWTCOZKOCFGNCKTGGPNCVQOCFGNEQORTGUQTGUFGu%
u( 
NC
OPKOCGUFGu%u( 
2CTCNCUCNVGTPCVKXCU[FGNQUEQORTGUQTGUTGHTKIGTCFQURQTCKTGFG)# C)#
NCECRCEKFCFFGXGPVKNCEKPPGEGUCTKCRCTCNKOKVCTNCVGORGTCVWTCGPNCUCNCFG
EQORTGUQTGURWGFGECNEWNCTUGFGNCOCPGTCUKIWKGPVG
3X0F6RCTCEQORTGUQTGU)#9QTMRNCEG
3X
0  F6RCTCEQORTGUQTGU)#9QTMRNCEG(WNN(GCVWTG
'NCKTGFGTGHTKIGTCEKPFGNUGECFQTRWGFGEQPFWEKTUGCNGZVGTKQT
3XECRCEKFCFFGXGPVKNCEKPTGSWGTKFCGPOU
0GPVTCFCCNGLGFGNEQORTGUQTGPM9
F6CWOGPVQFGVGORGTCVWTCGPUCNCFGNEQORTGUQT
2CTCNCUCNVGTPCVKXCU[NCECRCEKFCFFGNXGPVKNCFQTFGDGKIWCNCTNCECRCEKFCFFGN
XGPVKNCFQTFGNEQORTGUQTCWPCECTICFGRTGUKPKIWCNCNCECFCFGRTGUKPUQDTGNQU
EQPFWEVQUFGCKTG
2CTCNQUEQORTGUQTGUTGHTKIGTCFQURQTCIWCFG)# C)#NCECRCEKFCFFG
XGPVKNCEKPPGEGUCTKCRCTCNKOKVCTNCVGORGTCVWTCGPNCUCNCFGEQORTGUQTGURWGFG
ECNEWNCTUGFGNCOCPGTCUKIWKGPVG
3X0F6RCTCEQORTGUQTGU)#9QTMRNCEG
3X
0  F6RCTCEQORTGUQTGU)#9QTMRNCEG(WNN(GCVWTG
 .QUVWDQUFGFTGPCLGCNEQNGEVQTPQFGDGPGPVTCTGPEQPVCEVQEQPGNCIWCFGN
EQNGEVQT#VNCU%QREQFKURQPGFGUGRCTCFQTGUFGCEGKVGCIWC
VKRQ15& RCTC
UGRCTCTNCOC[QTRCTVGFGNCEGKVGFGNEQPFGPUCFQCHKPFGCUGIWTCTSWGGN
EQPFGPUCFQEWORNGNQUTGSWKUKVQUFGNCNGIKUNCEKPOGFKQCODKGPVCN
 /FWNQFGEQPVTQNEQPRCPGNFGOQPKVQTK\CEKP
 7PGNGEVTKEKUVCFGDGCLWUVCTGKPUVCNCTGNECDNGFGUWOKPKUVTQFGGPGTIC
 'SWKRCOKGPVQRCTCUKUVGOCFGTGEWRGTCEKPFGGPGTIC


/CPWCNFGKPUVTWEEKQPGU

 (KNVTQVKRQ&&EQPHKPGUIGPGTCNGU'NHKNVTQGNKOKPCRCTVEWNCUUNKFCUJCUVC
OKETOGVTQ[EQPVGPKFQUFGCEGKVGTGUKFWCNOZKOQUFGOIO'URQUKDNG
KPUVCNCTWPHKNVTQFGCNVCGHKEKGPEKCVKRQ2&EQPRQUVGTKQTKFCFCWPHKNVTQ&&'UVG
HKNVTQGNKOKPCRCTVEWNCUUNKFCUJCUVCOKETCUEQPWPCTTCUVTGFGCEGKVGOZKOQ
FGOIO2CTCGXKVCTQNQTGU[XCRQTGUFGCEGKVGJC[SWGKPUVCNCTWPHKNVTQVKRQ
3&EQPRQUVGTKQTKFCFCNHKNVTQ2&
5GTGEQOKGPFCKPUVCNCTVWDQUFGFGTKXCEKPEQPXNXWNCUFGDQNCUQDTGECFCHKNVTQ
EQPQDLGVQFGCKUNCTNQUHKNVTQUFWTCPVGNQUVTCDCLQUFGUGTXKEKQUKPGPVQTRGEGTGN
UWOKPKUVTQFGCKTGEQORTKOKFQ
 8NXWNCFGUGIWTKFCF
 5KUVGOCFGFGTKXCEKPRCTCFGLCTHWGTCFGNEKTEWKVQGNUGECFQTFWTCPVGNQUVTCDCLQUFG
UGTXKEKQ
QREKQPCNEQPUWNVGC#VNCU%QREQ 
 'PEQORTGUQTGUTGHTKIGTCFQURQTCIWC
'NHNWLQFGCIWC[NCRTGUKPFGDGPCLWUVCTUGGPHWPEKPFGNCUEQPFKEKQPGUNQECNGU
2CTCEQPQEGTNCECNKFCFFGNCIWCFGTGHTKIGTCEKPEQPUWNVGNCUGEEKP4GSWKUKVQUFGN
CIWCFGTGHTKIGTCEKP
'NENKGPVGRWGFGKPUVCNCTWPCXNXWNCFGEKGTTG[QVTCFGFTGPCLGGPNQUVWDQUFG
GPVTCFC[UCNKFCFGCIWCFGNEQORTGUQT5KUGKPUVCNCPXNXWNCUFGEKGTTGGPNQUVWDQU
FGGPVTCFC[UCNKFCFGCIWCFGNEQORTGUQTFGDGKPUVCNCTUGWPFKURQUKVKXQFG
UGIWTKFCFEQPWPCRTGUKPFGCLWUVGCFGEWCFCCNCRTGUKPOZKOCFGGPVTCFCFGN
CIWCFGTGHTKIGTCEKP
EQPUWNVGNCUGEEKP%QPFKEKQPGUFGTGHGTGPEKC[NOKVGU GPVTG
GNVWDQFGUCNKFCFGCIWCFGNEQORTGUQT[NCXNXWNCFGEKGTTG#NCEEKQPCTNCWPKFCF
GNQRGTCFQTFGDGCUGIWTCTUGFGSWGGNUKUVGOCFGCIWCFGTGHTKIGTCEKPPQRWGFG
DNQSWGCTUG.QFGUETKVQCPVGTKQTOGPVGUGCRNKECVCODKPCNUKUVGOCFGCIWCFG
TGHTKIGTCEKPRCTCTGEWRGTCEKPFGGPGTIC'ZVTCKICNQUVCRQPGUFGRNUVKEQ
UKGUVP
KPUVCNCFQU FGNQUVWDQUFGCIWCFGNEQORTGUQT[EQPGEVGNQUVWDQUCNEKTEWKVQFG
CIWCFGTGHTKIGTCEKP
 2CTTKNNCFGNCKTGFGTGHTKIGTCEKPUGECFQT


/CPWCNFGKPUVTWEEKQPGU

 %QPGZKQPGUGNEVTKECU

%QPGZKQPGUGNEVTKECUFG)# C)#


/CPWCNFGKPUVTWEEKQPGU

4GHGTGPEKC &GUKIPCEKP

 +PUVCNCEKPFGNENKGPVG

 8--VCOCQEQPHWUKDNGUVKRQ

 8--OGPQTGUFGNVCOCQEQPHWUKDNGUVKRQ

 1REKPUGECFQT

 6QFQUNQUXQNVCLGUEQPGZEGREKPFG8*\

 %QPGZKPGPGUVTGNNCVQFQUNQUFGOUXQNVCLGU

 %QPGZKPGPVTKPIWNQ8*\

&GUETKREKP
 +PUVCNGWPKPVGTTWRVQTUGRCTCFQT
 %QORTWGDGSWGGUVPDKGPUWLGVQUCUWUDQTPGUNQUECDNGUGJKNQUFGNOQVQTGPGNCTOCTKQGNEVTKEQ
 %QORTWGDGNQUHWUKDNGU[GNCLWUVGFGNTGNFGUQDTGECTIC8CUGNCUGEEKP#LWUVGUFGTGNFG
UQDTGECTIC[HWUKDNGU
 5KPQUGGPEWGPVTCPRWGPVGCFQUNQUDQTPGU[FGNQUEQPVCEVQTGU-[-FGNOQVQT
EQPGEVGNQUECDNGUFGUWOKPKUVTQFGGPGTICGNEVTKECCNQUDQTPGU[FGNEQPVCEVQT-[CNQU
DQTPGU[FGNEQPVCEVQT-
5KUGGPEWGPVTCPRWGPVGCFQUNQUDQTPGU[FGNQUEQPVCEVQTGU-[-FGNOQVQTEQPGEVG
NQUECDNGUFGUWOKPKUVTQFGGPGTICGNEVTKECCNQUDQTPGU..[.FGNCTGINGVCFGDQTPGU:
%QPUWNVGVCODKPNCUGEEKP6COCQFGECDNGUGNEVTKEQU
 %QPGEVGGNRGTPQFGNEQPFWEVQTFGVKGTTC
2' 

 4GSWKUKVQUFGNCIWCFGTGHTKIGTCEKP

)GPGTCNKFCFGU
5GKPFKECPNQUTGSWKUKVQUUKIWKGPVGUEQOQPQTOCIGPGTCNRCTCRTGXGPKTRTQDNGOCUEQPGNCIWCFG
TGHTKIGTCEKP'PECUQFGFWFCEQPUWNVGC#VNCU%QREQ

/ZKOQUTGEQOGPFCFQU 5KUVGOCFGTGEKTEWNCEKP 5KUVGOCFGRCUQEQPVKPWQ


%NQTWTQ
%N KPHGTKQTCOIN KPHGTKQTCOIN

5WNHCVQ
51  KPHGTKQTCOIN KPHGTKQTCOIN
6QVCNFGUWUVCPEKCUUNKFCU KPHGTKQTCOIN KPHGTKQTCOIN
5WUVCPEKCUUNKFCUUWURGPFKFCU KPHGTKQTCOIN KPHGTKQTCOIN

5K1
%NQTQNKDTG
%N KPHGTKQTCOIN KPHGTKQTCOIN

#OQPCEQ
0*  KPHGTKQTCOIN KPHGTKQTCOIN
%QDTG KPHGTKQTCOIN KPHGTKQTCOIN
*KGTTQ KPHGTKQTCOIN KPHGTKQTCOIN
/CPICPGUQ KPHGTKQTCOIN KPHGTKQTCOIN


/CPWCNFGKPUVTWEEKQPGU

/ZKOQUTGEQOGPFCFQU 5KUVGOCFGTGEKTEWNCEKP 5KUVGOCFGRCUQEQPVKPWQ


1ZIGPQ KPHGTKQTCOIN KPHGTKQTCOIN
&WTG\CECTDQPCVCFC
EQOQ OIN OIN
%C%1
/CVGTKCNQTIPKEQ
-/P1 KPHGTKQTCOIN KPHGTKQTCOIN
5KPCNICU
5KPCEGKVG

1DUGTXCEKP
'NENQTWTQ[GNUWNHCVQUQPKPVGTCEVKXQU'PWPUKUVGOCFGRCUQEQPVKPWQNCUWOCFGNQUEWCFTCFQUPQ
RWGFGGZEGFGTFG2CTCWPUKUVGOCFGTGEKTEWNCEKPEQPGNVTCVCOKGPVQ[NQUEQPVTQNGUFGDKFQUUG
RGTOKVGWPCUWOCFGNQUEWCFTCFQUFGJCUVC1DUTXGUGSWGGNXCNQTFGUWNHCVQFGDGKPENWKTGN
UWNHKVQGXGPVWCNOGPVGRTGUGPVG

#FKVKXQU
5KHWGTCPGEGUCTKQWVKNK\CTCFKVKXQUGPGNCIWCFGTGHTKIGTCEKPVGPICGPEWGPVCSWGNCECRCEKFCFFG
TGHTKIGTCEKPUGXGTCOQFKHKECFC

 2KEVQITCOCU

)# C)#

2KEVQITCOCU


/CPWCNFGKPUVTWEEKQPGU

2KEVQITCOCUEQORTGUQTGUTGHTKIGTCFQURQTCIWC

4GHGTGPEKC &GUKIPCEKP
 2WPVQFGFTGPCLGCWVQOVKEQFGEQPFGPUCFQ
 #XKUQXQNVCLG
 #XKUQFGUEQPGEVCTGNXQNVCLG[FGURTGUWTK\CTGNEQORTGUQTCPVGUFGTGCNK\CT
TGRCTCEKQPGU
 #XKUQEQPUWNVGGN.KDTQFGKPUVTWEEKQPGUGPNQTGHGTGPVGCNUGPVKFQFGIKTQFGNOQVQT
CPVGUFGEQPGEVCTGNEQORTGUQTGNEVTKECOGPVG
 2CTGUFGCRTKGVGRCTCRGTPQUFGCEGTQ
(G QNCVP
%W<P
 #EGKVGNKIGTCOGPVGNCLWPVCFGNHKNVTQFGCEGKVGCVQTPNNGNQ[CRTKVGNQCOCPQ
OGFKC
XWGNVCCRTQZKOCFCOGPVG
 #XKUQRCTGGNEQORTGUQTCPVGUFGTGRCTCTNQUXGPVKNCFQTGU
 #XKUQFGUEQPGEVGGNXQNVCLGCPVGUFGSWKVCTNCEWDKGTVCRTQVGEVQTCFGPVTQFGN
EWDEWNQGNEVTKEQ
 %QPUWNVGGN.KDTQFGKPUVTWEEKQPGUCPVGUFGTGCNK\CTOCPVGPKOKGPVQ
 5CNKFCFGCIWCFGTGHTKIGTCEKP
 'PVTCFCFGCIWCFGTGHTKIGTCEKP


/CPWCNFGKPUVTWEEKQPGU

 +PUVTWEEKQPGUFGHWPEKQPCOKGPVQ

 #PVGUFGNCTTCPSWGKPKEKCN

5GIWTKFCF

'NQRGTCFQTFGDGQDUGTXCTVQFCUNCURTGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGUKPENWKFCU
NCUSWGUGKPFKECPGPGNRTGUGPVGOCPWCN

(WPEKQPCOKGPVQGPCNVKVWFGZVGTKQTGU
5KGNEQORTGUQTUGGPEWGPVTCKPUVCNCFQGPGZVGTKQTGUQUKGURQUKDNGSWGNCVGORGTCVWTCFGCURKTCEKPFGN
CKTGFGUEKGPFCRQTFGDCLQFG%(JC[SWGVQOCTRTGECWEKQPGU%QPUWNVGC#VNCU%QREQGPVCN
ECUQ[VCODKPUKHWPEKQPCCWPCCNVKVWFUWRGTKQTCO
HV 

&GURNC\COKGPVQNGXCPVCOKGPVQ
'URQUKDNGFGURNC\CTGNEQORTGUQTEQPC[WFCFGWPCECTTGVKNNCGNGXCFQTCGPNCUTCPWTCUFGNDCUVKFQT
2TQEWTGPQFCCTNCECTTQEGTCFWTCPVGGNNGXCPVCOKGPVQQVTCPURQTVG#PVGUFGNGXCPVCTGNEQORTGUQT
XWGNXCCKPUVCNCTNQURGTPQUFGVTCPURQTVG#UGITGUGFGSWGNCUJQTSWKNNCUUQDTGUCNGPFGUFGGNQVTQNCFQ
FGNDCUVKFQT'NEQORTGUQTVCODKPRWGFGGNGXCTUGFGURWUFGKPUGTVCTXKICUGPNCUTCPWTCU#UGITGUG
FGSWGNCUXKICUPQUGFGUNK\CP[SWGUQDTGUCNGPFGUFGGNDCUVKFQTFGOCPGTCWPKHQTOG.CUECFGPCU
FGDGPOCPVGPGTUGRCTCNGNCUCNCECTTQEGTCEQPC[WFCFGUGRCTCFQTGUFGECFGPCRCTCPQFCCTCN
EQORTGUQT'NGSWKRQFGNGXCPVCOKGPVQFGDGGUVCTRQUKEKQPCFQFGHQTOCSWGGNEQORTGUQTUGNGXCPVG
XGTVKECNOGPVG.GXPVGNQFGURCEKQRTQEWTCPFQSWGPQUGVWGT\C

+PFKECEKPGZVGTPCFGNGUVCFQFGNEQORTGUQTGPEQORTGUQTGUGSWKRCFQUEQPWPTGIWNCFQT'NGMVTQPKMQP++
'NTGIWNCFQT'NGMVTQPKMQP++GUVFQVCFQFGEQPVCEVQUCWZKNKCTGU
---[- RQTGNNCFQFG
CVTUFGNOFWNQRCTCKPFKECEKPGZVGTPCFG
DCLCQCNVCRTGUKPFGNCKTG
- EGTTCFQUUKIPKHKECCNVCRTGUKPFGNCKTG
ECTICFGUECTICOCPWCNQHWPEKQPCOKGPVQCWVQOVKEQ
-
GUVCFQFGCXKUQ
-
GUVCFQFGRCTCFCFGCNCTOC
-
%CTICOZKOCRCTCNQUEQPVCEVQU#8%#2CTGGNEQORTGUQT[FGUEQPGEVGGNXQNVCLGCPVGUFG
EQPGEVCTGSWKRQGZVGTPQ%QPUWNVGC#VNCU%QREQ

/QFQUFGEQPVTQNFGNEQORTGUQTGPEQORTGUQTGUFQVCFQUFGNTGIWNCFQT'NGMVTQPKMQP++

&GLGSWGNCUOQFKHKECEKQPGUNCUEQORTWGDG#VNCU%QREQ2CTGGNEQORTGUQT[
FGUEQPGEVGGNXQNVCLGCPVGUFGEQPGEVCTGSWKRQGZVGTPQ5GRGTOKVGPPKECOGPVG
EQPVCEVQUNKDTGUFGXQNVCLG

%QPUWNVGNCUGEEKP2TQITCOCTOQFQUFGEQPVTQNFGNEQORTGUQTUKUGSWKGTGEQPOWVCTCQVTQOQFQFG
EQPVTQN
'URQUKDNGUGNGEEKQPCTNQUOQFQUFGEQPVTQNSWGUKIWGP


/CPWCNFGKPUVTWEEKQPGU

%QPVTQNNQECN'NEQORTGUQTTGURQPFGTCOCPFQUKPVTQFWEKFQUEQPC[WFCFGNQUDQVQPGUGPGNRCPGN
FGEQPVTQN.QUOCPFQUFGCTTCPSWGRCTCFCFGNEQORTGUQTGUVPCEVKXQURQTOGFKQFGNCHWPEKP4GNQL
UKGUVPRTQITCOCFQU
%QPVTQNTGOQVQ'NEQORTGUQTTGCEEKQPCTCNQUOCPFQUFGKPVGTTWRVQTGUGZVGTPQU3WGFCCEVKXCNC
RCTCFCFGGOGTIGPEKC5KGORTGGURQUKDNGCEEGFGTCNQUOCPFQUFGCTTCPSWGRCTCFCFGNEQORTGUQT
RQTOGFKQFGNCHWPEKP4GNQL
2CTCCTTCPSWG[RCTCFCCFKUVCPEKC
%QPGEVGWPDQVPFGCTTCPSWGRCTCFCRTQITCOCFCGPVTGNQUDQTPGU[FGNEQPGEVQT
: 
%QPUWNVGNCUGEEKP5KUVGOCGNEVTKEQRCTCNQECNK\CTNCTGINGVCFGDQTPGU
2WGPVGGNQUDQTPGU[FGNEQPGEVQT
: GPGUVGOQFQGNVTCPUFWEVQTFGRTGUKP
26 
UKGORTGFGVGEVCNCRTGUKPFGUCNKFCNQSWGRTQXQECNCECTIC[FGUECTICFGNEQORTGUQTCNCU
RTGUKQPGURTQITCOCFCUGPGNTGIWNCFQTGNGEVTPKEQ5KNQUDQTPGU[FGNEQPGEVQT
: PQ
GUVPRWGPVGCFQUGNEQORTGUQTRCUCCGUVCTHWGTCFGNHWPEKQPCOKGPVQCWVQOVKEQFGECTIC
FGUECTIC[UKIWGHWPEKQPCPFQGPFGUECTIC%QPUWNVGNCUGEEKP5KUVGOCGNEVTKEQRCTCNQECNK\CTGN
EQPGEVQT
2CTCECTICFGUECTICCFKUVCPEKC
RQTOGFKQFGRTGUQUVCVQGZVGTPQ 
2WGPVGGNQUDQTPGU[FGNEQPGEVQT
: [EQPGEVGWPKPVGTTWRVQTFGECTICFGUECTICGPVTGNQU
DQTPGU[FGFKEJQEQPGEVQT
: 'UVQRTQXQECNCECTIC[FGUECTICFGNEQORTGUQTCNCU
RTGUKQPGUFGEKGTTG[CRGTVWTCTGURGEVKXCOGPVGFGNRTGUQUVCVQGZVGTPQ
%QPVTQN.#0'NEQORTGUQTXCEQPVTQNCFQOGFKCPVGWPCTGFFGTGCNQECN%QPUWNVGC#VNCU%QREQ

 #TTCPSWGKPKEKCN

5GIWTKFCF

'NQRGTCFQTFGDGQDUGTXCTVQFCUNCU2TGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGU

2TQEGFKOKGPVQ

2CTCEQPQEGTNCWDKECEKPFGNCXNXWNCFGUCNKFCFGCKTG[NCUEQPGZKQPGUFGFTGPCLG
EQPUWNVGNCUUGEEKQPGU+PVTQFWEEKP[5KUVGOCFGEQPFGPUCFQ


/CPWCNFGKPUVTWEEKQPGU

(KLCEKQPGUFGVTCPURQTVGFGNTGEGRVQTFGCKTGFG)# C)#

(KLCEKQPGUFGVTCPURQTVGFGNOQVQT[ECLCFGGPITCPCLGUFG)# C)#


/CPWCNFGKPUVTWEEKQPGU

%WDEWNQGNEVTKEQFG)# C)#GLGORNQVRKEQ

 %QPUWNVGNCUUGEEKQPGU6COCQFGECDNGUGNEVTKEQU2TQRWGUVCUFGKPUVCNCEKP[&KDWLQUFG
FKOGPUKQPGU
 *C[SWGSWKVCTNQUHKLCFQTGUFGVTCPURQTVGRKPVCFQUFGTQLQUKIWKGPVGU
2GTPQU

%CUSWKNNQU

5QRQTVGU

 %QORTWGDGSWGGUVPJGEJCUNCUEQPGZKQPGUGNEVTKECUEQPHQTOGCNQUEFKIQUNQECNGU[SWG
VQFQUNQUECDNGUGUVPDKGPUWLGVQUCUWUDQTPGU
'NGSWKRQFGDGRQPGTUGCVKGTTC[RTQVGIGTUGFGEQTVQEKTEWKVQURQTOGFKQFGHWUKDNGUFGVKRQ
KPGTVGGPVQFCUNCUHCUGU&GDGKPUVCNCTUGWPKPVGTTWRVQTUGRCTCFQTEGTECFGNEQORTGUQT
 %QORTWGDGSWGGNVTCPUHQTOCFQT
6 GUVDKGPEQPGEVCFQ
%QORTWGDGGNCLWUVGFGNTGNFGUQDTGECTICFGNOQVQTFGCEEKQPCOKGPVQ
( 
%QORTWGDGSWGGNTGNFGUQDTGECTICXCCLWUVCFQRCTCTGCTOGOCPWCN
 'PEQORTGUQTGUTGHTKIGTCFQURQTCKTGEQORTWGDGGNCLWUVGFGNFKU[WPVQT
3 %QORTWGDG
VCODKPSWGGNKPVGTTWRVQTGPGNFKU[WPVQTUGJCNNCGPNCRQUKEKP+
 +PUVCNGNCXNXWNCFGUCNKFCFGCKTG
#8 EQPUWNVGNCUGEEKP+PVTQFWEEKPRCTCEQPQEGTNC
WDKECEKPFGNCXNXWNC
%KGTTGNCXNXWNC
%QPGEVGNCTGFFGCKTGCNCXNXWNC
'PEQORTGUQTGUGSWKRCFQUEQPWPCFGTKXCEKPFGUGECFQTKPUVCNGNCXNXWNCFGUCNKFCFGCKTGGP
GNVWDQFGFGTKXCEKPFGNUGECFQT
 %QPGEVGNCUUCNKFCUFGFTGPCLGFGNEQPFGPUCFQCWPEQNGEVQTFGFTGPCLG
%QPUWNVGNCUGEEKP5KUVGOCFGEQPFGPUCFQ


/CPWCNFGKPUVTWEEKQPGU

 .QUVWDQUFGFTGPCLGCNEQNGEVQTPQFGDGPGPVTCTGPEQPVCEVQEQPGNCIWC5KNCUVWDGTCUGUVP
KPUVCNCFCUGPGNGZVGTKQTFGWPCUCNCFQPFGUGRWGFGPRTQFWEKTJGNCFCUJC[SWGCKUNCTNCU2CTC
UCECTCIWCEQPFGPUCFCRWTCJC[SWGKPUVCNCTWPUGRCTCFQTFGCEGKVGCIWCFGXGPVCEQOQ
CEEGUQTKQQREKQPCNGP#VNCU%QREQ%QPUWNVGNCUGEEKP7PKFCF15&
 2CTCEQORTGUQTGUEQPWPHKNVTQ&&QWP&&[WP2&EQPGEVGGNFTGPCLGCWVQOVKEQFGNQUHKNVTQU
CWPEQNGEVQTFGFTGPCLG
 'PEQORTGUQTGUTGHTKIGTCFQURQTCIWCGNENKGPVGFGDGKPUVCNCTGPNCVWDGTCFGCIWCFG
TGHTKIGTCEKPXNXWNCUFGFTGPCLGXNXWNCUFGEKGTTG[WPCXNXWNCFGTGIWNCEKP
 %QORTWGDGGNPKXGNFGCEGKVG
.CCIWLCFGNKPFKECFQTFGPKXGN
)N FGDGGPEQPVTCTUGGPGNECORQUWRGTKQTFGNC\QPCXGTFGQGP
NC\QPCPCTCPLC
 2TQXCUGFGCFJGUKXQUSWGCXKUGPCNQRGTCFQTFGSWG
'URQUKDNGSWGGNEQORTGUQTXWGNXCCCTTCPECTCWVQOVKECOGPVGFGURWUFGKPVGTTWREKPFGN
XQNVCLG
UKGUVCEVKXCFQEQPUWNVGC#VNCU%QREQ 
'NEQORTGUQTXCEQPVTQNCFQCWVQOVKECOGPVG[RWGFGSWGCTTCPSWGGPEWCNSWKGTOQOGPVQ
 'PEQORTGUQTGUTGHTKIGTCFQURQTCIWCEKGTTGNCUXNXWNCUFGFTGPCLGFGCIWCFGTGHTKIGTCEKP
#DTCNCXNXWNCFGGPVTCFCFGNCIWCFGTGHTKIGTCEKP[NCXNXWNCFGTGIWNCEKP
 %QPGEVGGNXQNVCLG#TTCPSWGGNEQORTGUQT[RTGNQCNKPUVCPVG%QORTWGDGNCFKTGEEKPFG
TQVCEKPFGNOQVQTFGCEEKQPCOKGPVQ
/ EWCPFQIKTCRQTKPGTEKCJCUVCRCTCT.CFKTGEEKPFG
TQVCEKPEQTTGEVCFGNOQVQTFGCEEKQPCOKGPVQNCKPFKECWPCHNGEJCGPNCECTECUCFGNXGPVKNCFQTFGN
OQVQT
'PEQORTGUQTGUTGHTKIGTCFQURQTCKTGEQORTWGDGVCODKPNCFKTGEEKPFGTQVCEKPFGNOQVQTFGN
XGPVKNCFQT5GKPENW[GPWPCUHNGEJCUFGTQVCEKPXKUKDNGUCVTCXUFGNCTGLKNNCGPGNVGEJQGPNC
RNCECFGDCLQFGNXGPVKNCFQTSWGKPFKECPNCFKTGEEKPFGTQVCEKPEQTTGEVCFGNOQVQTFGNOKUOQ
5KNCFKTGEEKPFGTQVCEKPFGNOQVQTFGCEEKQPCOKGPVQGUKPEQTTGEVCCDTCGNKPVGTTWRVQT
UGRCTCFQTGKPXKGTVCFQUNPGCUGNEVTKECUFGGPVTCFC
5KNCFKTGEEKPFGTQVCEKPGUKPEQTTGEVCCDTCGNKPVGTTWRVQTUGRCTCFQTGKPXKGTVCFQUEQPGZKQPGU
GNEVTKECUFGGPVTCFCGPNQUDQTPGUFGNFKU[WPVQT
3 
7PCFKTGEEKPFGTQVCEKPKPEQTTGEVCFGNOQVQTFGCEEKQPCOKGPVQRWGFGECWUCTFCQUCN
EQORTGUQT
 'PEQORTGUQTGUGSWKRCFQUEQPWPTGIWNCFQT'NGMVTQPKMQP++EQORTWGDGNQUCLWUVGU
RTQITCOCFQU%QPUWNVGNCUGEEKP#LWUVGURTQITCOCDNGU
 2QPICGNEQORTGUQTGPOCTEJC[FGLGSWGHWPEKQPGFWTCPVGCNIWPQUOKPWVQU%QORTWGDGSWGGN
EQORTGUQTHWPEKQPCEQPPQTOCNKFCF

 #PVGUFGCTTCPECT

1DUGTXCEKQPGU

5KGNEQORTGUQTPQUGJCWVKNK\CFQFWTCPVGNQUNVKOQUOGUGUUGTGEQOKGPFC
GPECTGEKFCOGPVGSWGUGOGLQTGNCNWDTKECEKPFGNGNGOGPVQEQORTGUQTCN
CTTCPECT&GUEQPGEVGNCOCPIWGTCFGGPVTCFCGZVTCKICGNFGUECTICFQT
7# [
XKGTVCN
75ICN+ORICN FGCEGKVGGPGNGNGOGPVQEQORTGUQT
8WGNXCCKPUVCNCTGNFGUECTICFQT[EQPGEVCTNCOCPIWGTCFGGPVTCFC%QORTWGDG
SWGVQFCUNCUEQPGZKQPGUGUVPDKGPUWLGVCFCU
'PEQORTGUQTGU(WNN(GCVWTGEQPGEVGGNXQNVCLGJQTCUCPVGUFGCTTCPECTCHKPFG
GPGTIK\CTGNECNGPVCFQTFGETVGTFGNEQORTGUQTFGTGHTKIGTCPVGFGNUGECFQT


/CPWCNFGKPUVTWEEKQPGU

2TQEGFKOKGPVQ

7DKECEKPFGNFGUECTICFQTFG)# C)#

 %QPUWNVGNCUGEEKP#TTCPSWGKPKEKCNRCTCEQPQEGTNCWDKECEKPFGNQUEQORQPGPVGUFGNUKUVGOC
FGCEGKVG
%QORTWGDGGNPKXGNFGCEGKVG
)N [CCFCUKGURTGEKUQ.CCIWLCFGDGGPEQPVTCTUGGPGNECORQ
UWRGTKQTFGNC\QPCXGTFGQGPNC\QPCCPCTCPLCFC5KNCCIWLCUGGPEWGPVTCGPNC\QPC.19

$#,1 FGURTGUWTKEGGNUKUVGOCFGCEGKVG
EQPUWNVGNCUGEEKP5QNWEKPFGRTQDNGOCU 'URGTGC
SWGGNEQORTGUQTUGFGURTGUWTKEG#HNQLGGNVCRPFGNNGPCFQFGCEGKVG
(% FGUCVQTPKNNCPFQUNQ
EQPWPCXWGNVCRCTCSWGGUECRGNCRTGUKPSWGRWGFCJCDGTUGCEWOWNCFQGPGNUKUVGOC'ZVTCKIC
GNVCRPFGNNGPCFQ[CCFCCEGKVGJCUVCSWGGNPKXGNCNECPEGGNEWGNNQFGNNGPCFQ#RTKGVGGN
VCRP
 5KGURTGEKUQXCEGGNEQNGEVQTFGRQNXQFGNHKNVTQEQPUWNVGNCUGEEKP(KNVTQFGCKTG
 5KNCRCTVGTQLCFGNKPFKECFQTFGUGTXKEKQFGHKNVTQFGCKTGGUVEQORNGVCOGPVGHWGTCTGGORNCEGGN
GNGOGPVQFGNHKNVTQFGCKTG4GRQUKEKQPGGNKPFKECFQTFGUGTXKEKQ
8+ CRTGVCPFQGNDQVPGPGN
GZVTGOQFGNEWGTRQ[TGCTOGGNCXKUQFGUGTXKEKQ
'PEQORTGUQTGUGSWKRCFQUEQPWPTGIWNCFQT'NGMVTQPKMQP++XCUGNCUGEEKP/GP5GTXKEKQ
 'PEQORTGUQTGUTGHTKIGTCFQURQTCIWCVCODKP
%QORTWGDGSWGGUVPEGTTCFCUNCUXNXWNCUFGFTGPCLGFGNCIWCFGTGHTKIGTCEKPGPNCU
VWDGTCUFGGPVTCFC[UCNKFC
#DTCNCXNXWNCFGGPVTCFCFGNCIWCFGTGHTKIGTCEKP
#DTCNCXNXWNCFGTGIWNCEKPFGNHNWLQFGCIWC5GRWGFGQOKVKTGUVGRWPVQUKPQUGJC
RGTVWTDCFQGNCLWUVGFGFKEJCXNXWNCFGURWUFGQRGTCEKPRTGXKC

 #TTCPSWG

2TQEGFKOKGPVQ

2CTCEQPQEGTNCRQUKEKPFGNCXNXWNCFGUCNKFCFGCKTG[NCUEQPGZKQPGUFGFTGPCLG
EQPUWNVGNCUUGEEKQPGU+PVTQFWEEKP[5KUVGOCFGEQPFGPUCFQ


/CPWCNFGKPUVTWEEKQPGU

2CPGNFGEQPVTQNFG'NGMVTQPKMQP++

2CUQ #EEKP
 %QPGEVGGNXQNVCLG%QORTWGDGSWGUGGPEKGPFGGN.'&FGXQNVCLGEQPGEVCFQ
 
 #DTCNCXNXWNCFGUCNKFCFGCKTG
 2WNUGGNDQVPFGCTTCPSWG
 FGNRCPGNFGEQPVTQN'NEQORTGUQTUGRQPGGPOCTEJC[GN.'&
FGHWPEKQPCOKGPVQCWVQOVKEQ
 UGGPEKGPFG&KG\UGIWPFQUFGURWUFGCTTCPECTGNOQVQTFG
CEEKQPCOKGPVQEQPOWVCFGGUVTGNNCCVTKPIWNQ[GNEQORTGUQTGORKG\CCHWPEKQPCTGPECTIC
 'PEQORTGUQTGUTGHTKIGTCFQURQTCIWCTGIWNGGNHNWLQFGCIWCFGTGHTKIGTCEKPFWTCPVGOCTEJC
ECTICFCCHKPFGQDVGPGTNCVGORGTCVWTCOUCRTQRKCFCGPNCUCNKFCFGNGNGOGPVQEQORTGUQT
GUVQGUGPVTG[u%
[u( UQDTGNCVGORGTCVWTCEQTTGURQPFKGPVGFGNCHKIWTCUKIWKGPVG
2CTCNQITCTWPHWPEKQPCOKGPVQRVKOQNCVGORGTCVWTCFGUCNKFCFGNCIWCFGTGHTKIGTCEKPPQ
FGDGTUQDTGRCUCTPWPECGNXCNQTGURGEKHKECFQGPNCUGEEKP&CVQUFGNEQORTGUQT%QPUWNVGC
#VNCU%QREQUKUGHQTOCTCEQPFGPUCFQFWTCPVGRGTKQFQUFGFGUECTICHTGEWGPVGU


/CPWCNFGKPUVTWEEKQPGU

6GORGTCVWTCOPKOCFGNGNGOGPVQEQORTGUQTRCTCWPKFCFGUTGHTKIGTCFCURQTCIWC


# VGORGTCVWTCFGGPVTCFCFGCKTG

$ VGORGTCVWTCFGEQPFGPUCEKP

% RTGUKPFGVTCDCLQ

& JWOGFCFTGNCVKXCFGCKTG
'LGORNQUKUGVTCDCLCCWPCRTGUKPFGDCT
G 
RUKI GPWPCVGORGTCVWTCCODKGPVGFGu%

u( [WPCJWOGFCFTGNCVKXCFGNCKTGFGWPNCVGORGTCVWTCOPKOCRCTCKORGFKTSWGUGHQTOG
EQPFGPUCFQGUFGu%
u( *C[SWGTGIWNCTGNHNWLQFGCIWCFGTGHTKIGTCEKPFWTCPVGGN
HWPEKQPCOKGPVQGPECTICRCTCNQITCTWPCVGORGTCVWTCGPVTGu%[CRTQZ%
[CRTQZu( 
GPNCUCNKFCFGNGNGOGPVQEQORTGUQT

 &WTCPVGGNHWPEKQPCOKGPVQ

2TQEGFKOKGPVQ

'NQRGTCFQTFGDGQDUGTXCTVQFCUNCU2TGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGU%QPUWNVG
VCODKPNCUGEEKP5QNWEKPFGRTQDNGOCU

/CPVGPICNCURWGTVCUEGTTCFCUFWTCPVGGNHWPEKQPCOKGPVQRWGFGCDTKTNCUPKECOGPVG
RQTDTGXGURGTQFQURCTCNNGXCTCECDQEQORTQDCEKQPGU

5KNQUOQVQTGUGUVPFGVGPKFQU[GN.'&
 GPEGPFKFQNQUOQVQTGURQFTCPRQPGTUGGP
OCTEJCCWVQOVKECOGPVG


/CPWCNFGKPUVTWEEKQPGU

2CPGNFGEQPVTQN'NGMVTQPKMQP++

7DKECEKPFGNCOKTKNNCFGPKXGNFGCEGKVGFG)# C)#


/CPWCNFGKPUVTWEEKQPGU

2QUKEKPFGNKPFKECFQTFGUGTXKEKQFG)# C)#

%QORTWGDGGNPKXGNFGCEGKVGFWTCPVGGNHWPEKQPCOKGPVQGPECTICNCCIWLCFGNOCPOGVTQFGPKXGN
)N 
FGDGJCNNCTUGGPNC\QPCXGTFGUKPQGUCURWNUGGNDQVPFGRCTCFC
 
%KGTTGNCXNXWNCFGUCNKFCFGCKTG[RWNUGGNDQVPFGRTWGDCSWGUGGPEWGPVTCUQDTGNQUFKURQUKVKXQU
GNGEVTPKEQUFGFTGPCLGFGCIWC
UGRTQRQTEKQPCPFQUGPNQUEQORTGUQTGU(WNN(GCVWTG JCUVCSWGGN
UKUVGOCFGCKTGSWGUGGPEWGPVTCGPVTGGNTGEGRVQTFGCKTG[NCXNXWNCFGUCNKFCGUVEQORNGVCOGPVG
FGURTGUWTK\CFQ%QPUWNVGNCUGEEKP+PVTQFWEEKP[NCUGEEKP5KUVGOCFGEQPFGPUCFQRCTCEQPQEGTNC
WDKECEKPFGNCXNXWNCFGUCNKFC[FGNFTGPCLGFGCIWC
2WNUGGNDQVPFGRCTCFCFGGOGTIGPEKC
 
'URGTGCSWGGNEQORTGUQTUGFGURTGUWTKEG#HNQLGGNVCRPFGNNGPCFQFGCEGKVG
(% FGUCVQTPKNNCPFQUNQ
EQPWPCXWGNVCRCTCSWGGUECRGNCRTGUKPSWGRWGFCJCDGTUGCEWOWNCFQGPGNUKUVGOC'URGTGWPQU
EWCPVQUOKPWVQU'ZVTCKICGNVCRP[CCFCCEGKVGJCUVCSWGGNPKXGNCNECPEGNCCDGTVWTCFGNVCRPFG
NNGPCFQ+PUVCNG[CRTKGVGGNVCRP
(% 
5KNCRCTVGEQNQTGCFCFGNKPFKECFQTFGUGTXKEKQ
8+ GUVEQORNGVCOGPVGHWGTCTGGORNCEGGNGNGOGPVQFGN
HKNVTQFGCKTG4GRQUKEKQPGGNKPFKECFQTFGUGTXKEKQCRTGVCPFQGNDQVPGPGNGZVTGOQFGNEWGTRQ
5KGUVGPEGPFKFQGN.'&FGHWPEKQPCOKGPVQCWVQOVKEQ
 GNTGIWNCFQTIQDKGTPCGNEQORTGUQT
CWVQOVKECOGPVGGUFGEKTECTICTFGUECTICTRCTCTNQUOQVQTGU[XQNXGTCCTTCPECT
%QORTWGDGSWGUGFGUECTICEQPFGPUCFQFWTCPVGGNHWPEKQPCOKGPVQCKPVGTXCNQUTGIWNCTGU%QPUWNVGNC
UGEEKP5KUVGOCFGEQPFGPUCFQ[GPECUQFGWP15&EQORTWGDGVCODKPGNPKXGNFGNEQNGEVQTFG
CEGKVGEQPUWNVGNCUGEEKP+PUVTWEEKQPGUFGOCPVGPKOKGPVQ[HWPEKQPCOKGPVQFG15&.CECPVKFCFFG
EQPFGPUCFQFGRGPFGFGNCUEQPFKEKQPGUFGVTCDCLQ[NCUEQPFKEKQPGUOGFKQCODKGPVCNGU


/CPWCNFGKPUVTWEEKQPGU

 %QORTQDCTGNFKURNC[

2TQEGFKOKGPVQ

2CPGNFGEQPVTQN'NGMVTQPKMQP++

'PEQORTGUQTGUGSWKRCFQUEQPWPTGIWNCFQT'NGMVTQPKMQP++EQORTWGDGGNFKURNC[
 TGIWNCTOGPVGRCTC
XGTUKJC[CXKUQUQOGPUCLGU0QTOCNOGPVGGNFKURNC[OWGUVTCNCRTGUKPFGUCNKFCFGNEQORTGUQTNC
UKVWCEKPFGNEQORTGUQT[NCUCDTGXKCVWTCUFGNCUHWPEKQPGUFGNCUVGENCUFGDCLQFGNFKURNC[*CICNCU
IGUVKQPGUPGEGUCTKCUUKGUVGPEGPFKFQQRCTRCFGCGN.'&FGCNCTOC
 XCUGNCUGEEKP/GP&CVQUFG
GUVCFQ
'PGNFKURNC[
 CRCTGEGTWPCPQVKEKCFGUGTXKEKQUKUGJCGZEGFKFQWPKPVGTXCNQFGNRNCPFGUGTXKEKQQGN
PKXGNFGUGTXKEKQFGWPQFGNQUEQORQPGPVGUOQPKVQTK\CFQU.NGXGCECDQNCUCEEKQPGUFGUGTXKEKQFGNQU
RNCPGUKPFKECFQUQTGGORNCEGGNEQORQPGPVG[TGUVCDNG\ECGNVGORQTK\CFQTGPEWGUVKPXCUGNCUGEEKP
/GP&CVQUFGGUVCFQ

 2CTCFC

4GIWNCFQT'NGMVTQPKMQP

2CPGNFGEQPVTQNFG'NGMVTQPKMQP++


/CPWCNFGKPUVTWEEKQPGU

2TQEGFKOKGPVQ

2CUQ #EEKP
 2WNUGGNDQVPFGRCTCFC
 'N.'&FGHWPEKQPCOKGPVQCWVQOVKEQ
 UGCRCIC[GN
EQORTGUQTUGFGVKGPGVTCPUEWTTKFQUUGIWPFQUFGHWPEKQPCOKGPVQUKPECTIC
 2CTCRCTCTGNEQORTGUQTGPECUQFGGOGTIGPEKCRWNUGGNDQVPFGRCTCFCFG
GOGTIGPEKC
 'N.'&FGCNCTOC
 RCTRCFGC
'PEQORTGUQTGUEQP'NGMVTQPKMQP++FGURWUFGUQNWEKQPCTNCCXGTCVKTGFGNDQVP
RCTCFGUDNQSWGCTNQ[RWNUGNCVGENC 4GCT 
 CPVGUFGTGCTTCPECT
 %KGTTGNCXNXWNCFGUCNKFCFGCKTG
#8 EQPUWNVGNCUGEEKP+PVTQFWEEKP 
 2WNUGGNDQVPFGRTWGDCUQDTGNQUFKURQUKVKXQUGNGEVTPKEQUFGFTGPCLGFGCIWC
JCUVCSWGGNUKUVGOCFGCKTGGPVTGGNTGEGRVQTFGCKTG[NCXNXWNCFGUCNKFCGUV
EQORNGVCOGPVGFGURTGUWTK\CFQ%QPUWNVGNCUGEEKP5KUVGOCFGEQPFGPUCFQ
&GUEQPGEVGGNXQNVCLG
 'PEQORTGUQTGUTGHTKIGTCFQURQTCIWC
%KGTTGNCXNXWNCFGGPVTCFCFGNCIWCFGTGHTKIGTCEKP
5KUGRTGXPVGORGTCVWTCUFGEQPIGNCEKPJC[SWGXCEKCTEQORNGVCOGPVGGN
UKUVGOCFGTGHTKIGTCEKP

 2WGUVCHWGTCFGUGTXKEKQ

#XKUQ

'NQRGTCFQTFGDGQDUGTXCTVQFCUNCU2TGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGU

2TQEGFKOKGPVQ

2CUQ #EEKP
 2CTGGNEQORTGUQT[EKGTTGNCXNXWNCFGUCNKFCFGCKTG
 2WNUGGNDQVPFGRTWGDCUQDTGNQUFKURQUKVKXQUGNGEVTPKEQUFGFTGPCLGFGCIWC
JCUVCSWGGNUKUVGOCFGCKTGGPVTGGNTGEGRVQTFGCKTG[NCXNXWNCFGUCNKFCGUV
EQORNGVCOGPVGFGURTGUWTK\CFQ%QPUWNVGNCUGEEKP5KUVGOCFGEQPFGPUCFQRCTC
NQECNK\CTNCXNXWNCFGFTGPCLG
 &GUEQPGEVGGNXQNVCLG[UGRCTGGNEQORTGUQTFGNCTGFOCVTK\
 FGUCVQTPKNNGGNVCRPFGNNGPCFQFGCEGKVGWPCUQNCXWGNVCPQOUCHKPFGRGTOKVKT
SWGGUECRGNCRTGUKPGXGPVWCNFGNUKUVGOC
%QPUWNVGNCUGEEKP%CODKQFGCEGKVG[HKNVTQUFGCEGKVGRCTCNQECNK\CTGNVCRPFG
NNGPCFQ
 %KGTTG[FGURTGUWTKEGNCRCTVGFGNCTGFFGCKTGEQPGEVCFCCNCXNXWNCFGUCNKFC
5GRCTGGNVWDQFGUCNKFCFGCKTGFGNEQORTGUQTFGNCTGFFGCKTG
 'PEQORTGUQTGUTGHTKIGTCFQURQTCIWC
#UNG[UGRCTGGNUKUVGOCFGCIWCFGNCTGFFGCIWCFGTGHTKIGTCEKP
5CSWGGNCEGKVGFGNEKTEWKVQ
 8CEGGNCEGKVG
 8CEGGNEKTEWKVQFGEQPFGPUCFQ[FGUEQPGEVGNQUVWDQUFGEQPFGPUCFQFGNCTGFFG
EQPFGPUCFQ


/CPWCNFGKPUVTWEEKQPGU

 /CPVGPKOKGPVQ

 2TQITCOCFGOCPVGPKOKGPVQRTGXGPVKXQ

2CPGNFGEQPVTQN

2CPGNFGEQPVTQN

#XKUQ

#PVGUFGNNGXCTCECDQEWCNSWKGTQRGTCEKPFGOCPVGPKOKGPVQTGRCTCEKPQCLWUVG
RTQEGFCFGNCUKIWKGPVGOCPGTC
2CTGGNEQORTGUQT
%KGTTGNCXNXWNCFGUCNKFCFGCKTG[RWNUGGNDQVPFGRTWGDCUQDTGNQU
FKURQUKVKXQUGNGEVTPKEQUFGFTGPCLGFGCIWCJCUVCSWGGNUKUVGOCFGCKTGGPVTGGN
TGEGRVQTFGCKTG[NCXNXWNCFGUCNKFCGUVEQORNGVCOGPVGFGURTGUWTK\CFQ
2WNUGGNDQVPFGRCTCFCFGGOGTIGPEKC
 
&GUEQPGEVGGNXQNVCLG
&GURTGUWTKEGGNEQORTGUQT
2CTCQDVGPGTKPUVTWEEKQPGUFGVCNNCFCUEQPUWNVG5QNWEKPFGRTQDNGOCU
'NQRGTCFQTFGDGQDUGTXCTVQFCUNCU2TGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGU

)CTCPVC[TGURQPUCDKNKFCFFGNRTQFWEVQ
7VKNKEGPKECOGPVGRKG\CUCWVQTK\CFCU%WCNSWKGTFCQQCXGTCTGUWNVCPVGFGNWUQFGRKG\CUPQ
CWVQTK\CFCUPQGUVEWDKGTVQRQTNC)CTCPVCPKRQTNC4GURQPUCDKNKFCFFGN2TQFWEVQ

,WGIQUFGUGTXKEKQ
UGTXKEGMKVU
5GGPEWGPVTCPFKURQPKDNGU UGTXKEGMKVU RCTCTGXKUKQPGUQOCPVGPKOKGPVQRTGXGPVKXQ
XCUGNC
UGEEKP,WGIQUFGUGTXKEKQ
UGTXKEGMKVU  

%QPVTCVQUFGUGTXKEKQ
#VNCU%QREQQHTGEGXCTKQUVKRQUFGEQPVTCVQUFGUGTXKEKQGXKVPFQNGCUEWCNSWKGTVTCDCLQFG
OCPVGPKOKGPVQRTGXGPVKXQ%QPUWNVGCN%GPVTQFG5GTXKEKQC%NKGPVGUFG#VNCU%QREQ


/CPWCNFGKPUVTWEEKQPGU

)GPGTCNKFCFGU
#NTGXKUCTECODKGVQFCUNCULWPVCULWPVCUVTKECU[CTCPFGNCUFGUOQPVCFCU

+PVGTXCNQU
'N%GPVTQFG5GTXKEKQC%NKGPVGUFG#VNCU%QREQNQECNRWGFGQDXKCTGNRTQITCOCFGOCPVGPKOKGPVQ
GURGEKCNOGPVGGPNQSWGUGTGHKGTGCNQUKPVGTXCNQUFGUGTXKEKQGPHWPEKPFGNCUEQPFKEKQPGUCODKGPVCNGU
[FGVTCDCLQFGNEQORTGUQT
.CUEQORTQDCEKQPGUFGNQUKPVGTXCNQUNCTIQUFGDGPVCODKPKPENWKTNCUFGNQUKPVGTXCNQUEQTVQU

2NCPGUFGUGTXKEKQRCTCEQORTGUQTGUEQPTGIWNCFQT'NGMVTQPKMQP++

#FGOUFGNCUEQORTQDCEKQPGUFKCTKCU[VTKOGUVTCNGUNCUQRGTCEKQPGUFGUGTXKEKQUG
CITWRCPGPRNCPGUNNCOCFQU2NCPGUFG5GTXKEKQ#$GVEEQOQUGGURGEKHKECGPGN
RTQITCOCUKIWKGPVG
%CFCRNCPVKGPGWPKPVGTXCNQFGVKGORQRTQITCOCFQCNSWGFGDGPNNGXCTUGCECDQVQFCU
NCUCEEKQPGUFGUGTXKEKQRGTVGPGEKGPVGUCFKEJQRNCP#NCNECP\CTGNKPVGTXCNQCRCTGEGT
WPOGPUCLGGPNCRCPVCNNCSWGKPFKECSW2NCPGUFGUGTXKEKQFGDGPTGCNK\CTUGEQPUWNVG
NCUGEEKP/GP&CVQUFGGUVCFQ*C[SWGTGCTOCTNQUKPVGTXCNQUFGURWUFGNUGTXKEKQ
EQPUWNVGNCUGEEKP/GP5GTXKEKQ

2TQITCOCFGOCPVGPKOKGPVQRTGXGPVKXQ
)GPGTCNKFCFGU

2GTQFQ 1RGTCEKP
&KCTKQ %QORTWGDGGNPKXGNFGNCEGKVG
%QORTWGDGNCUKPFKECEKQPGUGPGNFKURNC[
%QORTWGDGGNKPFKECFQTFGUGTXKEKQFGNHKNVTQFGCKTG
'PWPKFCFGUTGHTKIGTCFCURQTCIWCEQORTWGDGGNHNWLQFGCIWCFGTGHTKIGTCEKP
%CFCOGUGU %QORTWGDGNQUTGHTKIGTCFQTGUNORKGNQUGPECUQRTGEKUQ
%QORTWGDGGNEQPFGPUCFQTFGNUGECFQT[NORKGNQUKGUPGEGUCTKQ
'ZVTCKICGNGNGOGPVQHKNVTCPVGFGCKTG.KORKCTEQPEJQTTQFGCKTG[TGXKUCT
/UCOGPWFQUKUGVTCDCLCGPWPCODKGPVGRQNXQTKGPVQ
4GGORNCEGGNGOGPVQUFCCFQUQOW[EQPVCOKPCFQU
%QORTWGDGSWGUGFGUECTICEQPFGPUCFQCNRWNUCTGNDQVPFGRTWGDCUQDTGNQU
FKURQUKVKXQUGNGEVTPKEQUFGFTGPCLGFGCIWC

*QTCUFG 2NCPFGUGTXKEKQ 1RGTCEKP


HWPEKQPCOKGPVQ
  5KUGWVKNK\C#VNCU%QREQ(QQF)TCFG(NWKFECODKGGNCEGKVG[
TGGORNCEGGNHKNVTQFGCEGKVG
 # 5KUGWVKNK\C#VNCU%QREQ4QVQKPLGEV(NWKFECODKGGNCEGKVG[
TGGORNCEGGNHKNVTQFGCEGKVG
  5KUGWVKNK\C#VNCU%QREQ5[PVJGVKE2#1(NWKFRCTCCRNKECEKQPGUFG
OGODTCPCECODKGGNCEGKVG[TGGORNCEGGNHKNVTQFGCEGKVG
 $ 4GGORNCEGGNGNGOGPVQHKNVTCPVGFGCKTG
 $ %QORTWGDGNCUNGEVWTCUFGRTGUKP[VGORGTCVWTC
 $ .NGXGCECDQWPCRTWGDCFGNQU.'&FKURNC[


/CPWCNFGKPUVTWEEKQPGU

*QTCUFG 2NCPFGUGTXKEKQ 1RGTCEKP


HWPEKQPCOKGPVQ
 $ %QORTWGDGRQTUKJC[HWICUFGCKTGQCEGKVG
 $ 'PWPKFCFGUTGHTKIGTCFCURQTCIWCEQORTWGDGUKGZKUVGPHWICUFG
CIWC
 $ .KORKGNQUTGHTKIGTCFQTGU
 $ .KORKGGNEQPFGPUCFQTFGNUGECFQT
 $ 2TWGDGNCHWPEKPFGRCTCFCFGVGORGTCVWTC
 $ 2TWGDGNCUXNXWNCUFGUGIWTKFCF
 % 5KUGWVKNK\C#VNCU%QREQ*&4QVQ(NWKF2NWUECODKGGNCEGKVG[
TGGORNCEGGNHKNVTQFGCEGKVG
 % 4GGORNCEGGNUGRCTCFQTFGCEGKVG
1UKNCECFCFGRTGUKPUQDTGGNUGRCTCFQTGZEGFGDCT

RUK %QORTWGDGNCECFCFGRTGUKPEQPGNEQORTGUQTVTCDCLCPFQ
GPECTIC[RTGHGTKDNGOGPVGEQPWPCRTGUKPFGVTCDCLQGUVCDNG
  5KUGWVKNK\C#VNCU%QREQ4QVQ'ZVTGOG&WV[(NWKFECODKGGN
CEGKVG[TGGORNCEGGNHKNVTQFGCEGKVG

+ORQTVCPVG

%QPUWNVGUKGORTGC#VNCU%QREQRCTCOQFKHKECTGNCLWUVGFGWPVGORQTK\CFQT
2CTCEQPQEGTGNKPVGTXCNQFGECODKQFGCEGKVG[HKNVTQFGCEGKVGGPEQPFKEKQPGU
GZVTGOCUFGVGORGTCVWTCJWOGFCFQCKTGFGTGHTKIGTCEKPEQPUWNVGC#VNCU
%QREQ
&GDGTGRCTCTEWCNSWKGTHWICKPOGFKCVCOGPVG*C[SWGUWUVKVWKTVWDGTCUQLWPVCU
HNGZKDNGUFCCFCU

 /QVQTFGCEEKQPCOKGPVQ

/QFGNQUFGN)# CN)#
'NEQLKPGVGFGNNCFQUKPCEEKQPCOKGPVQGUVGPITCUCFQFGRQTXKFC
'NEQLKPGVGFGNNCFQFGCEEKQPCOKGPVQGUVNWDTKECFQRQTGNUKUVGOCFGCEGKVG

 'URGEKHKECEKQPGUFGNCEGKVG

0QOG\ENGPWPECCEGKVGUFGOCTECUQVKRQUFKHGTGPVGU
2CTCCUGIWTCTWPCDWGPCECNKFCFFGNCEGKVGFTGPGGNEQORTGUQTGPVQFQUNQURWPVQU
FGFTGPCLG.QUCEGKVGUWUCFQUSWGUGFGLCPGPGNEQORTGUQTRWGFGPEQPVCOKPCTGN
UKUVGOCFGCEGKVG


/CPWCNFGKPUVTWEEKQPGU

5GTGEQOKGPFCOW[GPECTGEKFCOGPVGWVKNK\CT#VNCU%QREQ(NWKF
EQPUWNVGNCUGEEKP2TQITCOCFG
OCPVGPKOKGPVQRTGXGPVKXQ 

#VNCU%QREQ4QVQ+PLGEV(NWKF
#EGKVGRCTCWPKFCFGU+'%[WPKFCFGU%5#7.EQPWPXQNVCLGFGOQVQTFG8
#VNCU%QREQ4QVQ+PLGEV(NWKFGUWPCEGKVGGURGEKCNRCTCEQORTGUQTGUFGGURKTCN[VQTPKNNQEQPKP[GEEKP
FGCEGKVGSWGOCPVKGPGGNEQORTGUQTGPGZEGNGPVGGUVCFQ4QVQ+PLGEV(NWKFRWGFGWVKNK\CTUGRCTC
EQORTGUQTGUSWGHWPEKQPGPCWPCVGORGTCVWTCCODKGPVGFGGPVTGu%
u( [u%
u( 

EQPUWNVGNCUGEEKP,WGIQUFGUGTXKEKQ 

#VNCU%QREQ*&4QVQ(NWKF2NWU
#EGKVGRCTCWPKFCFGU%5#7.GZEGRVQRCTCWPKFCFGUEQPWPXQNVCLGFGOQVQTFG8
#EGKVGGURGEKCNUWOKPKUVTCFQEQOQQREKPRCTCWPKFCFGU+'%[WPKFCFGU%5#7.EQPWPXQNVCLGFG
OQVQTFG8
#VNCU%QREQ*&4QVQ(NWKF2NWUGUWPCEGKVGGURGEKCNRCTCEQORTGUQTGUFGGURKTCN[VQTPKNNQEQPKP[GEEKP
FGCEGKVGSWGOCPVKGPGGNEQORTGUQTGPGZEGNGPVGGUVCFQ*&4QVQ(NWKF2NWURWGFGWVKNK\CTUGRCTC
EQORTGUQTGUSWGHWPEKQPGPCWPCVGORGTCVWTCCODKGPVGFGGPVTGu%
u( [u%
u( 

EQPUWNVGNCUGEEKP,WGIQUFGUGTXKEKQ 

#VNCU%QREQ4QVQ'ZVTGOG&WV[
#EGKVGGURGEKCNUWOKPKUVTCFQEQOQQREKP
#VNCU%QREQ*&4QVQ'ZVTGOG&WV[(NWKFGUWPCEGKVGGURGEKCNRCTCEQORTGUQTGUFGGURKTCN[VQTPKNNQEQP
KP[GEEKPFGCEGKVGSWGOCPVKGPGGNEQORTGUQTGPGZEGNGPVGGUVCFQ#VNCU%QREQ*&4QVQ'ZVTGOG&WV[
(NWKFRWGFGWVKNK\CTUGRCTCEQORTGUQTGUSWGHWPEKQPGPCWPCVGORGTCVWTCCODKGPVGFGGPVTGu%
u
( [u%
u( 
EQPUWNVGNCUGEEKP,WGIQUFGUGTXKEKQ 

#VNCU%QREQ(QQF)TCFG
#EGKVGGURGEKCNUWOKPKUVTCFQEQOQQREKP
#VNCU%QREQ(QQF)TCFG(NWKFGUWPNWDTKECPVGUKPVVKEQFGCNVCECNKFCFGZENWUKXQETGCFQGURGEKCNOGPVG
RCTCEQORTGUQTGUFGVQTPKNNQEQPKP[GEEKPFGCEGKVGSWGUWOKPKUVTCPCKTGRCTCNCKPFWUVTKCFG
CNKOGPVCEKP'UVGNWDTKECPVGOCPVKGPGGNEQORTGUQTGPRGTHGEVQGUVCFQ'NCEGKVG(QQF)TCFGRWGFG
WVKNK\CTUGRCTCEQORTGUQTGUSWGHWPEKQPGPCWPCVGORGTCVWTCCODKGPVGFGGPVTGu%
u( [u%

u( 
EQPUWNVGNCUGEEKP,WGIQUFGUGTXKEKQ 

#VNCU%QREQ5[PVJGVKE2#1(NWKFRCTCCRNKECEKQPGUFGOGODTCPC
#EGKVGGURGEKCNUWOKPKUVTCFQEQOQQREKP
#VNCU%QREQ5[PVJGVKE2#1(NWKFRCTCCRNKECEKQPGUFGOGODTCPCGUWPNWDTKECPVGUKPVVKEQFGCNVC
ECNKFCFGZENWUKXQETGCFQGURGEKCNOGPVGRCTCCRNKECEKQPGUFGOGODTCPC'UVGNWDTKECPVGOCPVKGPGGN
EQORTGUQTGPRGTHGEVQGUVCFQ5[PVJGVKE2#1(NWKFRCTCCRNKECEKPFGOGODTCPCRWGFGWVKNK\CTUGRCTC
EQORTGUQTGUSWGHWPEKQPGPCWPCVGORGTCVWTCCODKGPVGFGGPVTGu%
u( [u%
u( 

EQPUWNVGNCUGEEKP,WGIQUFGUGTXKEKQ 

1DUGTXCEKP

'NFGRUKVQFGCKTGVCPSWGFGCEGKVGNNGXCWPCGVKSWGVCSWGKPFKECGNVKRQFGCEGKVG
NNGPCFQGPHDTKEC


/CPWCNFGKPUVTWEEKQPGU

 %CODKQFGCEGKVG[HKNVTQUFGCEGKVG

#XKUQ

'NQRGTCFQTFGDGQDUGTXCTVQFCUNCU2TGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGU

2TQEGFKOKGPVQ

%QORQPGPVGUFGNUKUVGOCFGCEGKVGFG)# C)#


/CPWCNFGKPUVTWEEKQPGU

6CRQPGUFGFTGPCLGFGCEGKVGFG)# C)#

 *CICHWPEKQPCTGNEQORTGUQTJCUVCSWGUGECNKGPVG2CTGGNOQVQTFGURWUFGOKPWVQUFG
HWPEKQPCOKGPVQGPFGUECTIC%KGTTGNCXNXWNCFGUCNKFCFGCKTG[FGUEQPGEVGGNXQNVCLG'URGTG
WPQUEWCPVQUOKPWVQU[FGURTGUWTKEGFGUCVQTPKNNCPFQGNVCRPFGTGNNGPQFGCEGKVG
(% PQ
OUSWGWPCUQNCXWGNVCRCTCRGTOKVKTSWGUGGUECRGEWCNSWKGTRTGUKPSWGRWFKGTCJCDGTGPGN
UKUVGOC
 #HNQLGGNVCRPFGXGPVKNCEKPFGNTGHTKIGTCFQTFGCEGKVG[GURGTGOKPWVQU%QPUWNVGNC
UGEEKP+PVTQFWEEKPRCTCEQPQEGTNCRQUKEKPFGNVCRPFGXGPVKNCEKP
82 
 'ZVTCKICGNVCRPFGFTGPCLG
&2 [CDTCNCXNXWNCFGFTGPCLG
&O 
+IWCNOGPVGFTGPGGNCEGKVGSWKVCPFQGNVCRPFGFTGPCLG
GPNCXNXWNCFGTGVGPEKP
&2
GPNCECLCFGGPITCPCLGU
&2
 4GEQLCGNCEGKVGGPWPTGEKRKGPVG[GPVTIWGNQCNUGTXKEKQFGTGEQIKFCFGCEGKVG4GKPUVCNG[
CRTKGVGNQUVCRQPGUFGFTGPCLG[XGPVKNCEKPFGURWUFGNFTGPCLG
%KGTTGNCXNXWNCFGFTGPCLG
&O 
 &GUCVQTPKNNGNQURGTPQUFGNCVCRC
 [GZVTKICNC5CSWGGNGNGOGPVQFGNHKNVTQFGCKTGFGNC
ECLCFGNHKNVTQFGCEGKVG
1( +PUVCNGWPPWGXQHKNVTQFGCEGKVG.WDTKSWGEQPCEGKVGNCPWGXC
LWPVC+PUVCNGNCVCRC[CVQTPKNNGNQURGTPQU
 CNCECLCFGNHKNVTQFGCEGKVG
 'ZVTCKICGNVCRPFGNNGPCFQ
(% 
.NGPGGNFGRUKVQFGCKTG
#4 EQPCEGKVGJCUVCSWGGNPKXGNNNGIWGCNEWGNNQFGNNGPCFQ
%WKFGFGSWGPQECKICUWEKGFCFGPGNUKUVGOC4GKPUVCNG[CRTKGVGGNVCRPFGNNGPCFQ
(% 
 *CICHWPEKQPCTGNEQORTGUQTGPECTICWPQUOKPWVQU2CTGGNEQORTGUQT[GURGTGWPQU
OKPWVQUCHKPFGRGTOKVKTSWGUGTGRQUGGNCEGKVG
 &GURTGUWTKEGGNUKUVGOCFGUCVQTPKNNCPFQGNVCRPFGNNGPCFQ
(% WPCUQNCXWGNVCRCTCRGTOKVKT
SWGUGGUECRGNCRTGUKPSWGRWFKGTCJCDGTGPGNUKUVGOC'ZVTCKICGNVCRP
.NGPGGNFGRUKVQFGCKTGEQPCEGKVGJCUVCSWGGNPKXGNNNGIWGCNEWGNNQFGNNGPCFQ
#RTKGVGGNVCRPFGNNGPCFQ
 4GUVCDNG\ECGNVGORQTK\CFQTFGUGTXKEKQ
2CTCEQORTGUQTGUGSWKRCFQUEQPWPTGIWNCFQT'NGMVTQPKMQP++FGURWUFGTGCNK\CTVQFCU
NCUCEEKQPGUFGUGTXKEKQGPGN2NCPFGUGTXKEKQEQTTGURQPFKGPVGTGCTOGGNCXKUQFG
UGTXKEKQEQPUWNVGNCUGEEKP/GP5GTXKEKQ


/CPWCNFGKPUVTWEEKQPGU

 #NOCEGPCOKGPVQFGURWUFGNCKPUVCNCEKP

2TQEGFKOKGPVQ
2QPICGPOCTEJCGNEQORTGUQTRQTGLGORNQFQUXGEGUCNCUGOCPCJCUVCSWGUGECNKGPVG%CTIWG[
FGUECTIWGGNEQORTGUQTWPCUEWCPVCUXGEGU

5KGNEQORTGUQTUGXCCCNOCEGPCTUKPHWPEKQPCTFGXG\GPEWCPFQVQOGNCUOGFKFCU
FGRTQVGEEKPSWGEQTTGURQPFCP%QPUWNVGC#VNCU%QREQ

 ,WGIQUFGUGTXKEKQ
UGTXKEGMKVU

&GUETKREKP
5GGPEWGPVTCPFKURQPKDNGULWGIQUFGUGTXKEKQ
UGTXKEGMKVU SWGNGQHTGEGPNQUDGPGHKEKQUFGNCURCTVGU
QTKIKPCNGUFG#VNCU%QREQ[CNOKUOQVKGORQOCPVKGPGPDCLQUWRTGUWRWGUVQFGOCPVGPKOKGPVQ.QU
LWGIQUEQPVKGPGPVQFCUNCURKG\CUPGEGUCTKCURCTCGNUGTXKEKQ

5GTXKEGMKV RCTCHKNVTQUFGCEGKVG[HKNVTQUFGCKTG

5GTXKEGMKV RCTCHKNVTQUFGCEGKVG[HKNVTQUFGCKTG 0OGTQFGRGFKFQ



)# C)#RCTCJQTCUFG 
HWPEKQPCOKGPVQ
)# C)#RCTCMKVEQPHKNVTQFGXKFC 
RTQNQPICFCRCTCJQTCUFGHWPEKQPCOKGPVQ

HKNVTQFGCEGKVGRCTCJQTCUFG
HWPEKQPCOKGPVQ[HKNVTQUFGCKTGRCTCJQTCU
FGHWPEKQPCOKGPVQ

5GTXKEGMKV RCTCUGRCTCFQTFGCEGKVG

5GTXKEGMKV RCTCUGRCTCFQTFGCEGKVG 0OGTQFGRGFKFQ



/QFGNQUFGN)# CN)# 

#VNCU%QREQ4QVQ+PLGEV(NWKF
%QPUWNVGVCODKPNCUGEEKP'URGEKHKECEKPFGCEGKVG

0OGTQFGRGFKFQ
.CVCFGNKVTQU
75ICN+ORICN 
.CVCFGNKVTQU
75ICN+ORICN 
$CTTKNFGNKVTQU
75ICN+ORICN 

#VNCU%QREQ*&4QVQ(NWKF2NWU
%QPUWNVGVCODKPNCUGEEKP'URGEKHKECEKPFGCEGKVG


/CPWCNFGKPUVTWEEKQPGU

0OGTQFGRGFKFQ
.CVCFGNKVTQU
75ICN+ORICN 
$CTTKNFGNKVTQU
75ICN+ORICN 

#VNCU%QREQ4QVQ'ZVTGOG&WV[
%QPUWNVGVCODKPNCUGEEKP'URGEKHKECEKPFGCEGKVG

0OGTQFGRGFKFQ
.CVCFGNKVTQU
75ICN+ORICN 
.CVCFGNKVTQU
75ICN+ORICN 

#VNCU%QREQ(QQF)TCFG
%QPUWNVGVCODKPNCUGEEKP'URGEKHKECEKPFGCEGKVG

0OGTQFGRGFKFQ
.CVCFGNKVTQU
75ICN+ORICN 
$CTTKNFGNKVTQU
75ICN+ORICN 

#VNCU%QREQ5[PVJGVKE2#1(NWKFRCTCCRNKECEKQPGUFGOGODTCPC
%QPUWNVGVCODKPNCUGEEKP'URGEKHKECEKPFGCEGKVG

0OGTQFGRGFKFQ
.CVCFGNKVTQU
75ICN+ORICN 


/CPWCNFGKPUVTWEEKQPGU

 #LWUVGU[RTQEGFKOKGPVQUFGUGTXKEKQ

 (KNVTQFGCKTG

7DKECEKPFGNHKNVTQFGCKTG

(KNVTQFGCKTG)# C)#

+PFKECFQTFGUGTXKEKQ)# C)#

4GEQOGPFCEKQPGU
 0QGZVTCKICPWPECGNGNGOGPVQEQPGNEQORTGUQTGPOCTEJC
 2CTCTGFWEKTCNOPKOQGNVKGORQFGRCTCFCFGNEQORTGUQTECODKGGNGNGOGPVQUWEKQRQTQVTQPWGXQ
 &GUGEJGEWCNSWKGTGNGOGPVQSWGGUVFCCFQ

2TQEGFKOKGPVQ
 2CTGGNEQORTGUQT&GUEQPGEVGGNXQNVCLG


/CPWCNFGKPUVTWEEKQPGU

 5WGNVGNCUCDTC\CFGTCUFGNHKNVTQFGCKTG
#( [GZVTCKICGNEQNGEVQTFGRQNXQ[GNGOGPVQHKNVTCPVGFG
CKTG.KORKGGNEQNGEVQT&GUGEJGGNGNGOGPVQHKNVTCPVG
 +PUVCNGGNPWGXQGNGOGPVQ[EQNGEVQT
 4GCTOGGNKPFKECFQTFGUGTXKEKQ
 CRTGVCPFQGNDQVPGPGNGZVTGOQFGNEWGTRQ
 4GCTOGGNCXKUQFGUGTXKEKQFGNHKNVTQFGCKTG
%QPUWNVGNCUGEEKP/GP&CVQUFGGUVCFQRCTCTGCTOCTGNOGPUCLGFGUGTXKEKQGPTGIWNCFQTGU
'NGMVTQPKMQP++

 4GHTKIGTCFQTGU

.KORKG\C
/CPVGPICNKORKQUNQUTGHTKIGTCFQTGURCTCTGVGPGTNCGHKEKGPEKCFGTGHTKIGTCEKP
'PEQORTGUQTGUTGHTKIGTCFQURQTCKTG
2CTGGNEQORTGUQTEKGTTGNCXNXWNCFGUCNKFCFGCKTG[FGUEQPGEVGGNXQNVCLG
%WDTCVQFCUNCURKG\CUFGDCLQFGNQUTGHTKIGTCFQTGU
'ZVTCKICGNFGHNGEVQTNCVGTCNSWGEWDTGGNEQORCTVKOGPVQFGNXGPVKNCFQT
'ZVTCKICVQFQGNRQNXQFGNQUTGHTKIGTCFQTGUEQPWPEGRKNNQFGEGTFCU%GRKNNGGPNCFKTGEEKPFGNCU
CNGVCUFGGPHTKCOKGPVQ
'NKOKPGVCODKPVQFQGNRQNXQFGNXGPVKNCFQTEQPWPEGRKNNQFGHKDTCU
5GIWKFCOGPVGUQRNGEQPCKTGEQORTKOKFQGPUGPVKFQQRWGUVQCNHNWLQPQTOCN7VKNKEGCKTGFGDCLC
RTGUKP5KGUPGEGUCTKQUGRWGFGKPETGOGPVCTNCRTGUKPJCUVCDCT
G 
RUKI 
5KGURTGEKUQSWGUGNKORKGPNQUTGHTKIGTCFQTGUEQPC[WFCFGWPFGVGTIGPVGEQPUWNVGC#VNCU%QREQ
4GVKTGGNRCQSWGJCWVKNK\CFQFWTCPVGNCNKORKG\C
%QNQSWGGNFGHNGEVQTNCVGTCNSWGEWDTGGNEQORCTVKOGPVQFGNXGPVKNCFQT
'PEQORTGUQTGUTGHTKIGTCFQURQTCIWC
%QPUWNVGC#VNCU%QREQRCTCNCNKORKG\C


/CPWCNFGKPUVTWEEKQPGU

 8NXWNCUFGUGIWTKFCF

2QUKEKPFGXNXWNCFGUGIWTKFCF

/QFGNQUFGN)# CN)#

#EEKQPCOKGPVQ
#EEKQPGNCXNXWNCFGUGIWTKFCFFGUCVQTPKNNCPFQNCVCRCWPCQFQUXWGNVCU[CVQTPKNNPFQNCFGPWGXQ

2TWGDC
#PVGUFGSWKVCTNCXNXWNCFGUGIWTKFCFFGURTGUWTKEGGNEQORTGUQT
%QPUWNVGNCUGEEKP5QNWEKPFGRTQDNGOCU
.CXNXWNC
58 RWGFGRTQDCTUGGPWPCNPGCFGCKTGEQORTKOKFQUGRCTCFC5KPQUGCDTGNCXNXWNCCNC
RTGUKPGUVCORCFCGPNCOKUOCEQPUWNVGC#VNCU%QREQ

#XKUQ
0QUGRGTOKVGPKPIPCLWUVG0WPECFGLGHWPEKQPCTGNEQORTGUQTUKPNCXNXWNCFGUGIWTKFCF


/CPWCNFGKPUVTWEEKQPGU

 5QNWEKPFGRTQDNGOCU

 5QNWEKPFGRTQDNGOCU

#XKUQ

#PVGUFGGORG\CTGNVTCDCLQFGOCPVGPKOKGPVQTGRCTCEKPQCLWUVGRWNUGGNDQVP
FGRCTCFCGURGTGJCUVCSWGUGRCTGGNEQORTGUQT
CRTQZUGIWPFQU [EKGTTGNC
XNXWNCFGUCNKFCFGCKTG
2WNUGGNDQVPFGRTWGDCUQDTGGNFKURQUKVKXQGNGEVTPKEQFGFTGPCLGFGCIWCJCUVC
SWGGNUKUVGOCFGCKTGGPVTGGNTGEGRVQTFGCKTG[NCXNXWNCFGUCNKFCGUV
EQORNGVCOGPVGFGURTGUWTK\CFQ
2WNUGGNDQVPFGRCTCFCFGGOGTIGPEKC[FGUEQPGEVGGNXQNVCLG
&GURTGUWTKEGGNEQORTGUQTCDTKGPFQGNVCRPFGNNGPCFQFGCEGKVGWPCXWGNVC
2CTCKPHQTOCTUGUQDTGGNGORNC\COKGPVQFGNQUEQORQPGPVGUEQPUWNVGNCU
UGEEKQPGU
+PVTQFWEEKP
5KUVGOCFGEQPFGPUCFQ
#TTCPSWGKPKEKCN
#DTC[DNQSWGGGNKPVGTTWRVQTUGRCTCFQT
.CXNXWNCFGUCNKFCFGCKTGRWGFGUGTDNQSWGCFCFWTCPVGGNOCPVGPKOKGPVQQ
TGRCTCEKQPGUFGNCOCPGTCUKIWKGPVG
%KGTTGNCXNXWNC
'ZVTCKICGNVQTPKNNQSWGUWLGVCGNOCPIQEQPNCNNCXGSWGUGGPVTGICEQPGN
EQORTGUQT
.GXCPVGGNOCPIQ[ITGNQJCUVCSWGGNTGDQTFGFGDNQSWGQGPGNEWGTRQFGNC
XNXWNCGPECLGGPNCTCPWTCFGNOCPIQ
+PUVCNGGNVQTPKNNQ
'NQRGTCFQTFGDGQDUGTXCTVQFCUNCU2TGECWEKQPGUFGUGIWTKFCFRGTVKPGPVGU

(CNNQU[UQNWEKQPGU
'PEQORTGUQTGUFQVCFQUFGNTGIWNCFQT'NGMVTQPKMQP++UKGN.'&FGCNCTOCGUVGPEGPFKFQQRCTRCFGC
EQPUWNVGNCUUGEEKQPGU/GP&CVQUFGGUVCFQ[/GP5GTXKEKQ

 %QPFKEKP (CNNQ 5QNWEKP


'NEQORTGUQTUGRQPGGP #XGTKCFCNCXNXWNCFGUQNGPQKFG 4GGORNCEGNCXNXWNC
OCTEJCRGTQPQECTICFGURWU
FGWPRGTQFQFGTGVTCUQ
8NXWNCFGGPVTCFCRGICFCGP *CICSWGUGEQORTWGDGNC
RQUKEKPEGTTCFC XNXWNC
(WICGPVWDQUHNGZKDNGUFGCKTG 4GGORNCEGGNVWDQHNGZKDNG
FGEQPVTQN EQPNCHWIC
(WICGPXNXWNCFGRTGUKP *CICSWGUGEQORTWGDGNC
OPKOC
EWCPFQNCTGFFGCKTG XNXWNC
GUVFGURTGUWTK\CFC


/CPWCNFGKPUVTWEEKQPGU

 %QPFKEKP (CNNQ 5QNWEKP


'NEQORTGUQTPQFGUECTICNC #XGTKCFCNCXNXWNCFGUQNGPQKFG 4GGORNCEGNCXNXWNC
XNXWNCFGUGIWTKFCFFKURCTC
.CXNXWNCFGGPVTCFCPQEKGTTC *CICSWGUGEQORTWGDGNC
XNXWNC

 %QPFKEKP (CNNQ 5QNWEKP


'NUGRCTCFQTFGEQPFGPUCFQPQ 6WDQHNGZKDNGFGFGUECTIC %QORTWGDG[TGRCTGUGIP
FGUECTICEQPFGPUCFQFWTCPVG CVCUECFQ UGCPGEGUCTKQ
NCECTIC

 %QPFKEKP (CNNQ 5QNWEKP


.CUCNKFCFGCKTGFGNEQORTGUQT 'NEQPUWOQFGCKTGGZEGFGGN %QORTWGDGGNGSWKRQ
QNCRTGUKPGUKPHGTKQTCNQ UWOKPKUVTQFGNEQORTGUQT EQPGEVCFQ
PQTOCN
'NGOGPVQHKNVTCPVGCKTGQDUVTWKFQ %CODKGGNGNGOGPVQHKNVTCPVG
#XGTKCFCNCXNXWNCFGUQNGPQKFG 4GGORNCEGNCXNXWNC
(WICGPVWDQUHNGZKDNGUFGCKTG 4GGORNCEGNQUVWDQU
FGEQPVTQN HNGZKDNGUEQPHWICU
.CXNXWNCFGGPVTCFCPQUG *CICSWGUGEQORTWGDGNC
CDTGEQORNGVCOGPVG XNXWNC
5GRCTCFQTFGCEGKVGQDUVTWKFQ *CICSWGUGTGGORNCEGGN
GNGOGPVQ
(WICUFGCKTG *CICSWGTGRCTGPNCUHWICU
.CXNXWNCFGUGIWTKFCFVKGPG 5WUVKVW[CNCXNXWNC
HWICU
#XGTKCFQGNGNGOGPVQ %QPUWNVGC#VNCU%QREQ
EQORTGUQT

 %QPFKEKP (CNNQ 5QNWEKP


(NWLQGZEGUKXQFGCEGKVGC .CXNXWNCFGTGVGPEKPVKGPG 4GGORNCEGNCURKG\CU
VTCXUFGNHKNVTQFGCURKTCEKPFG HWICUQVTCDCFCNCXNXWNCFG CXGTKCFCU4GGORNCEGGN
CKTGFGURWUFGRCTCT EKGTTGFGCEGKVG GNGOGPVQHKNVTCPVGFGCKTG

 %QPFKEKP (CNNQ 5QNWEKP


.CXNXWNCFGUGIWTKFCFFKURCTC #XGTCFGNCXNXWNCFGGPVTCFC *CICSWGUGEQORTWGDGNC
FGURWUFGECTICT XNXWNC
#XGTCFGNCXNXWNCFGRTGUKP *CICSWGUGEQORTWGDGNC
OPKOC XNXWNC
#XGTKCFCNCXNXWNCFG 5WUVKVW[CNCXNXWNC
UGIWTKFCF
#XGTKCFQGNGNGOGPVQ %QPUWNVGC#VNCU%QREQ
EQORTGUQT
#VCUECFQGNGNGOGPVQUGRCTCFQT *CICSWGUGTGGORNCEGGN
FGCEGKVG GNGOGPVQ


/CPWCNFGKPUVTWEEKQPGU

 %QPFKEKP (CNNQ 5QNWEKP


6GORGTCVWTCFGUCNKFCFGN 0KXGNFGCEGKVGFGOCUKCFQDCLQ %QORTWGDG[EQTTKLC
GNGOGPVQEQORTGUQTQFGNCKTG
FGUWOKPKUVTQUWRGTKQTCNQ
PQTOCN
'PEQORTGUQTGUTGHTKIGTCFQU $WUSWGNCTGUVTKEEKPFGNCKTG
RQTCKTGCKTGFGTGHTKIGTCEKP FGTGHTKIGTCEKPQOGLQTGNC
KPUWHKEKGPVGQFGOCUKCFQCNVCNC XGPVKNCEKPFGNCUCNC'XKVG
VGORGTCVWTCFGNOKUOQ NCTGEKTEWNCEKPFGNCKTGFG
TGHTKIGTCEKP5KUGJCNNC
KPUVCNCFQWPXGPVKNCFQTGPNC
UCNCFGNEQORTGUQT
EQORTWGDGUWECRCEKFCF
'PEQORTGUQTGUTGHTKIGTCFQU #WOGPVGGNHNWLQ
RQTCIWCHNWLQFGCIWCFG
TGHTKIGTCEKPFGOCUKCFQDCLQ
'PEQORTGUQTGUTGHTKIGTCFQU %QPUWNVGCN%GPVTQFG
RQTCIWCQDUVTWEEKPGPGN 5GTXKEKQC%NKGPVGUFG#VNCU
UKUVGOCFGCIWCFG %QREQ
TGHTKIGTCEKP
#VCUECFQGNTGHTKIGTCFQTFG .KORKGGNTGHTKIGTCFQT
CEGKVG
/CNHWPEKQPCOKGPVQFGNC *CICSWGUGRTWGDGNC
XNXWNCFGFGTKXCEKP XNXWNC
4GHTKIGTCFQTFGCKTGQDVWTCFQ .KORKGGNTGHTKIGTCFQT
#XGTKCFQGNGNGOGPVQ %QPUWNVGCN%GPVTQFG
EQORTGUQT 5GTXKEKQC%NKGPVGUFG#VNCU
%QREQ


/CPWCNFGKPUVTWEEKQPGU

 &CVQUVEPKEQU

 +PFKECEKQPGUGPGNFKURNC[

&KURNC[FGNTGIWNCFQT'NGMVTQPKMQP

4GIWNCFQT'NGMVTQPKMQP++

+ORQTVCPVG

.CUNGEVWTCUOGPEKQPCFCUCPVGTKQTOGPVGUQPXNKFCUDCLQNCUEQPFKEKQPGUFG
TGHGTGPEKC
XCUGNCUGEEKP%QPFKEKQPGUFGTGHGTGPEKC[NOKVGU 

4GHGTGPEKC .GEVWTC
2TGUKPFGUCNKFCFG (NWEVCGPVTGNCURTGUKQPGUFGFGUECTIC[ECTICRTQITCOCFCU
CKTG
6GORGTCVWTCFGUCNKFC 2CTCWPKFCFGUTGHTKIGTCFCURQTCKTGCRTQZu%
u( UQDTGNC
FGNGNGOGPVQ VGORGTCVWTCFGGPVTCFCFGNCKTGFGTGHTKIGTCEKP
EQORTGUQT 2CTCWPKFCFGUTGHTKIGTCFCURQTCIWCCRTQZu%
u( UQDTGNC
VGORGTCVWTCFGGPVTCFCFGNCIWCFGTGHTKIGTCEKP
6GORGTCVWTCFGNRWPVQ 2CTCNQUOQFGNQUFG)# C)#EQPUWNVGNCUGEEKP&CVQUFGNEQORTGUQT
FGTQEQ
&KHGTGPEKCFGRTGUKP +PHGTKQTCDCT
RUK 
UQDTGGNUGRCTCFQTFG
CEGKVG
6GORGTCVWTCFGUCNKFC +PHGTKQTCu%
u( 
FGNCIWCFG
TGHTKIGTCEKP


/CPWCNFGKPUVTWEEKQPGU

 6COCQFGECDNGUGNEVTKEQU

#VGPEKP

.CUTGINCUNQECNGUUKIWGPGPXKIQTUKUQPOUGUVTKEVCUSWGNQUXCNQTGURTQRWGUVQU
CDCLQ
.CECFCFGXQNVCLGPQFGDGGZEGFGTWPFGNXQNVCLGPQOKPCN2WGFGSWGUGC
PGEGUCTKQWVKNK\CTECDNGUFGVCOCQOC[QTSWGNQUGURGEKHKECFQUCHKPFGEWORNKTEQP
GUVCGZKIGPEKC

6COCQFGECDNGU

)#  )#  )#  )# 


9QTMRNCEG 9QTMRNCEG 9QTMRNCEG(WNN 9QTMRNCEG(WNN
ECDNGGP ECDNGCNCKTGNKDTG (GCVWTGECDNG (GCVWTGECDNGCN
EQPFWEVQ GPEQPFWEVQ CKTGNKDTG
(TGEWGPEKC 8QNVCLG 6COCQFG 6COCQFG 6COCQFG 6COCQFG
*\
8 ECDNGU ECDNGU ECDNGU ECDNGU
+'% 'UVTGNNC OO OO OO OO
VTKPIWNQ
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z

)# 9QTMRNCEGEQPFWEVQTGU )# 9QTMRNCEG(WNN(GCVWTG


FGEQDTGGPEQPFWEVQQECDNG EQPFWEVQTGUFGEQDTGGPEQPFWEVQ
QECDNG
(TGEWGPEKC 8QNVCLG 6COCQFGECDNGU 6COCQFGECDNGU
*\
8
%5#7. 'UVTGNNC #9) #9)
VTKPIWNQ
  Z#9) Z#9)
  Z#9) Z#9)
  Z#9)QZ#9) Z#9)QZ#9)
  Z#9)QZ#9) Z#9)QZ#9)


/CPWCNFGKPUVTWEEKQPGU

)#  )#  )#  )# 


9QTMRNCEG 9QTMRNCEG 9QTMRNCEG(WNN 9QTMRNCEG(WNN
ECDNGGP ECDNGCNCKTGNKDTG (GCVWTGECDNG (GCVWTGECDNGCN
EQPFWEVQ GPEQPFWEVQ CKTGNKDTG
(TGEWGPEKC 8QNVCLG 6COCQFG 6COCQFG 6COCQFG 6COCQFG
*\
8 ECDNGU ECDNGU ECDNGU ECDNGU
+'% 'UVTGNNC OO OO OO OO
VTKPIWNQ
  Z Z Z Z
  Z Z Z Z
  Z ZQZ Z ZQZ
  Z Z Z Z
  Z Z Z Z
  Z Z Z Z
  Z ZQZ Z Z
  ZQZ ZQZ Z ZQZ

)# 9QTMRNCEGEQPFWEVQTGU )# 9QTMRNCEG(WNN(GCVWTG


FGEQDTGGPEQPFWEVQQECDNG EQPFWEVQTGUFGEQDTGGPEQPFWEVQ
QECDNG
(TGEWGPEKC 8QNVCLG 6COCQFGECDNGU 6COCQFGECDNGU
*\
8
%5#7. 'UVTGNNC #9) #9)
VTKPIWNQ
  Z#9) Z#9)
  Z#9) Z#9)
  Z#9)QZ#9) Z#9)QZ#9)
  Z#9)QZ#9) Z#9)QZ#9)

)# )# )# )#


9QTMRNCEG 9QTMRNCEG 9QTMRNCEG(WNN 9QTMRNCEG(WNN
ECDNGGP ECDNGCNCKTGNKDTG (GCVWTGECDNG (GCVWTGECDNGCN
EQPFWEVQ GPEQPFWEVQ CKTGNKDTG
(TGEWGPEKC 8QNVCLG 6COCQFG 6COCQFG 6COCQFG 6COCQFG
*\
8 ECDNGU ECDNGU ECDNGU ECDNGU
+'% 'UVTGNNC OO OO OO OO
VTKPIWNQ
  Z Z Z Z
  Z Z Z Z
  Z ZQZ Z ZQZ
  Z ZQZ Z ZQZ
  Z Z Z Z
  Z Z Z Z
  Z ZQZ Z Z
  ZQZ ZQZ Z ZQZ


/CPWCNFGKPUVTWEEKQPGU

)#9QTMRNCEGEQPFWEVQTGU )#9QTMRNCEG(WNN(GCVWTG
FGEQDTGGPEQPFWEVQQECDNG EQPFWEVQTGUFGEQDTGGPEQPFWEVQ
QECDNG
(TGEWGPEKC 8QNVCLG 6COCQFGECDNGU 6COCQFGECDNGU
*\
8
%5#7. 'UVTGNNC #9) #9)
VTKPIWNQ
  Z#9) Z#9)
  Z#9) Z#9)
  Z#9)QZ#9) Z#9)QZ#9)
  Z#9)QZ#9) Z#9)QZ#9)

 #LWUVGUFGNFKU[WPVQTFGNOQVQTFGNXGPVKNCFQT

&KU[WPVQT

)# [)# )#


(TGEWGPEKC
*\ 8QNVCLG
8 &KU[WPVQTFGNOQVQT &KU[WPVQTFGNOQVQT
FGNXGPVKNCFQT3
# FGNXGPVKNCFQT3
#
+'% 'UVTGNNCVTKPIWNQ
   
   
   
   
   
   
   
   
%5#7. 'UVTGNNCVTKPIWNQ
   
   
   
   


/CPWCNFGKPUVTWEEKQPGU

 #LWUVGUFGTGNFGUQDTGECTIC[HWUKDNGU

4GNFGUQDTGECTIC[HWUKDNGU

)# )# )# )# )# )#


(TGEWGPEK 8QNVCLG 4GNFG (WUKDNGU 4GNFG (WUKDNGU 4GNFG (WUKDNGU
C
*\
8 UQDTGECTIC RTKPEKRCNGU UQDTGECTIC RTKPEKRCNGU UQDTGECTIC RTKPEKRCNGU
(
# UWOKPKUVTQ (
# UWOKPKUVTQ (
# UWOKPKUVTQ
FGN FGN FGN
EQORTGUQT EQORTGUQT EQORTGUQT

#
#
#
+'% 'UVTGNNC I.I) I.I) I.I)
VTKPIWNQ
   %QPUWNVGNC  %QPUWNVGNC  %QPUWNVGNC
VCDNC VCDNC VCDNC
UKIWKGPVG UKIWKGPVG UKIWKGPVG
[6COCQ [6COCQ [6COCQ
FGECDNGU FGECDNGU FGECDNGU
GNEVTKEQU GNEVTKEQU GNEVTKEQU
   %QPUWNVGNC  %QPUWNVGNC  %QPUWNVGNC
VCDNC VCDNC VCDNC
UKIWKGPVG UKIWKGPVG UKIWKGPVG
[6COCQ [6COCQ [6COCQ
FGECDNGU FGECDNGU FGECDNGU
GNEVTKEQU GNEVTKEQU GNEVTKEQU
   %QPUWNVGNC  %QPUWNVGNC  %QPUWNVGNC
VCDNC VCDNC VCDNC
UKIWKGPVG UKIWKGPVG UKIWKGPVG
[6COCQ [6COCQ [6COCQ
FGECDNGU FGECDNGU FGECDNGU
GNEVTKEQU GNEVTKEQU GNEVTKEQU
   %QPUWNVGNC  %QPUWNVGNC  %QPUWNVGNC
VCDNC VCDNC VCDNC
UKIWKGPVG UKIWKGPVG UKIWKGPVG
[6COCQ [6COCQ [6COCQ
FGECDNGU FGECDNGU FGECDNGU
GNEVTKEQU GNEVTKEQU GNEVTKEQU
   %QPUWNVGNC  %QPUWNVGNC  %QPUWNVGNC
VCDNC VCDNC VCDNC
UKIWKGPVG UKIWKGPVG UKIWKGPVG
[6COCQ [6COCQ [6COCQ
FGECDNGU FGECDNGU FGECDNGU
GNEVTKEQU GNEVTKEQU GNEVTKEQU
   %QPUWNVGNC  %QPUWNVGNC  %QPUWNVGNC
VCDNC VCDNC VCDNC
UKIWKGPVG UKIWKGPVG UKIWKGPVG
[6COCQ [6COCQ [6COCQ
FGECDNGU FGECDNGU FGECDNGU
GNEVTKEQU GNEVTKEQU GNEVTKEQU


/CPWCNFGKPUVTWEEKQPGU

)# )# )# )# )# )#


(TGEWGPEK 8QNVCLG 4GNFG (WUKDNGU 4GNFG (WUKDNGU 4GNFG (WUKDNGU
C
*\
8 UQDTGECTIC RTKPEKRCNGU UQDTGECTIC RTKPEKRCNGU UQDTGECTIC RTKPEKRCNGU
(
# UWOKPKUVTQ (
# UWOKPKUVTQ (
# UWOKPKUVTQ
FGN FGN FGN
EQORTGUQT EQORTGUQT EQORTGUQT

#
#
#
   %QPUWNVGNC  %QPUWNVGNC  %QPUWNVGNC
VCDNC VCDNC VCDNC
UKIWKGPVG UKIWKGPVG UKIWKGPVG
[6COCQ [6COCQ [6COCQ
FGECDNGU FGECDNGU FGECDNGU
GNEVTKEQU GNEVTKEQU GNEVTKEQU
   %QPUWNVGNC  %QPUWNVGNC  %QPUWNVGNC
VCDNC VCDNC VCDNC
UKIWKGPVG UKIWKGPVG UKIWKGPVG
[6COCQ [6COCQ [6COCQ
FGECDNGU FGECDNGU FGECDNGU
GNEVTKEQU GNEVTKEQU GNEVTKEQU
%5#7. 'UVTGNNC %5#*4% %5#*4% %5#*4%
VTKPIWNQ 7.4- 7.4- 7.4-
       
       
       
       

#LWUVGOZKOQFGHWUKDNGFG)# C)#%

6COCQFGECDNGU
OO (WUKDNGOZKOQ
#
 
 
 
 
 
 
 

 +PVGTTWRVQTGUFGNUGECFQT
+(&

)GPGTCNKFCFGU
.QUFKURQUKVKXQUTGIWNCFQTGU[FGUGIWTKFCFGUVPCLWUVCFQUGPHDTKECRCTCQDVGPGTGNOZKOQ
TGPFKOKGPVQFGNUGECFQT
5GRTQJDGCNVGTCTGNCLWUVGFGFKEJQUFKURQUKVKXQU


/CPWCNFGKPUVTWEEKQPGU

 %QPFKEKQPGUFGTGHGTGPEKC[NOKVGU

%QPFKEKQPGUFGTGHGTGPEKC

2TGUKP
CDUQNWVC FGGPVTCFCFGCKTG DCT 
2TGUKP
CDUQNWVC FGGPVTCFCFGCKTG RUK 
6GORGTCVWTCFGGPVTCFCFGCKTG u% 
6GORGTCVWTCFGGPVTCFCFGCKTG u( 
*WOGFCFTGNCVKXC  

2TGUKPFGVTCDCLQFG)# C)# %QPUWNVGNCUGEEKP&CVQUFGN
EQORTGUQT

'PWPKFCFGUTGHTKIGTCFCURQTCIWCVCODKP
6GORGTCVWTCFGGPVTCFCFGNCIWCFGTGHTKIGTCEKP u% 
6GORGTCVWTCFGGPVTCFCFGNCIWCFGTGHTKIGTCEKP u( 

.OKVGU

2TGUKPFGVTCDCLQOZKOCFG)# C)# %QPUWNVGNCUGEEKP&CVQUFGN


EQORTGUQT
2TGUKPOPKOCFGVTCDCLQ DCT
G 
2TGUKPOPKOCFGVTCDCLQ RUKI 
6GORGTCVWTCOZKOCFGGPVTCFCFGCKTG u% 
6GORGTCVWTCOZKOCFGGPVTCFCFGCKTG u( 
6GORGTCVWTCOPKOCFGGPVTCFCFGCKTG u% 
6GORGTCVWTCOPKOCFGGPVTCFCFGCKTG u( 

'PWPKFCFGUTGHTKIGTCFCURQTCIWCVCODKP
6GORGTCVWTCOZKOCFGUCNKFCFGNCIWCFG u% 
TGHTKIGTCEKP
6GORGTCVWTCOZKOCFGUCNKFCFGNCIWCFG u( 
TGHTKIGTCEKP
2TGUKPOZKOCFGGPVTCFCFGNCIWCFGTGHTKIGTCEKP DCT
G 
2TGUKPOZKOCFGGPVTCFCFGNCIWCFGTGHTKIGTCEKP RUKI 

 &CVQUFGNEQORTGUQT

%QPFKEKQPGUFGTGHGTGPEKC

6QFQUNQUFCVQUGURGEKHKECFQUCEQPVKPWCEKPUGCRNKECPDCLQEQPFKEKQPGUFG
TGHGTGPEKCXCUGNCUGEEKP%QPFKEKQPGUFGTGHGTGPEKC[NOKVGU


/CPWCNFGKPUVTWEEKQPGU

)#

7PKFCF DCT DCT DCT RUK RUK RUK


GU
(TGEWGPEKC *\      
2TGUKPOZKOC
FGFGUECTIC DCT
G      
2TGUKPOZKOC
FGFGUECTIC RUKI      
2TGUKP
FGFGUECTIC OZKOC DCT
G      
WPKFCFGU(WNN(GCVWTGEQP+(&
2TGUKP
FGFGUECTIC OZKOC RUKI      
WPKFCFGU(WNN(GCVWTGEQP+(&
2TGUKPFGVTCDCLQPQOKPCN DCT
G      
2TGUKPFGVTCDCLQPQOKPCN RUKI      
2TGUKPFGVTCDCLQPQOKPCN DCT
G      
WPKFCFGU9QTMRNCEG(WNN
(GCVWTGEQP+(&
2TGUKPFGVTCDCLQPQOKPCN RUKI      
WPKFCFGU9QTMRNCEG(WNN
(GCVWTGEQP+(&
%CFCFGRTGUKPUQDTG DCT
G      
UGECFQTWPKFCFGU(WNN(GCVWTG
EQP+(&
%CFCFGRTGUKPUQDTG RUKI      
UGECFQTWPKFCFGU(WNN(GCVWTG
EQP+(&
2WPVQFGCLWUVGXNXWNC u%      
VGTOQUVVKEC
2WPVQFGCLWUVGXNXWNC u(      
VGTOQUVVKEC
6GORGTCVWTCFGNCKTGSWGUCNG u%      
FGNCXNXWNCFGUCNKFC
CRTQZ 
WPKFCFGUTGHTKIGTCFCURQTCKTG
6GORGTCVWTCFGNCKTGSWGUCNG u(      
FGNCXNXWNCFGUCNKFC
CRTQZ 
WPKFCFGUTGHTKIGTCFCURQTCKTG
6GORGTCVWTCFGNCKTGSWGUCNG u%      
FGNCXNXWNCFGUCNKFC
CRTQZ 
WPKFCFGUTGHTKIGTCFCURQTCIWC
6GORGTCVWTCFGNCKTGSWGUCNG u(      
FGNCXNXWNCFGUCNKFC
CRTQZ 
WPKFCFGUTGHTKIGTCFCURQTCIWC
6GORGTCVWTCFGNCKTGSWGUCNG u%      
FGNCXNXWNCFGUCNKFC
CRTQZ 
WPKFCFGU(WNN(GCVWTGEQP+(&
6GORGTCVWTCFGNCKTGSWGUCNG u(      
FGNCXNXWNCFGUCNKFC
CRTQZ 
WPKFCFGU(WNN(GCVWTGEQP+(&
2WPVQFGTQEQCRTGUKP u%      
WPKFCFGU(WNN(GCVWTGEQP+(&


/CPWCNFGKPUVTWEEKQPGU

7PKFCF DCT DCT DCT RUK RUK RUK


GU
2WPVQFGTQEQCRTGUKP u(      
WPKFCFGU(WNN(GCVWTGEQP+(&
/QVQTFGCEEKQPCOKGPVQ .) .) .) .) .) .)
5+'/'05      
8GNQEKFCFFGNGLGFGNOQVQT TOKP      
2QVGPEKCCNKOGPVCFCWPKFCFGU M9      
TGHTKIGTCFCURQTCKTG
2QVGPEKCCNKOGPVCFCWPKFCFGU JR      
TGHTKIGTCFCURQTCKTG
2QVGPEKCCNKOGPVCFCWPKFCFGU M9      
TGHTKIGTCFCURQTCIWC
2QVGPEKCCNKOGPVCFCWPKFCFGU JR      
TGHTKIGTCFCURQTCIWC
2QVGPEKCCNKOGPVCFCWPKFCFGU M9      
(WNN(GCVWTGTGHTKIGTCFCURQT
CKTGEQP+(&
2QVGPEKCCNKOGPVCFCWPKFCFGU JR      
(WNN(GCVWTGTGHTKIGTCFCURQT
CKTGEQP+(&
2QVGPEKCCNKOGPVCFCWPKFCFGU M9      
(WNN(GCVWTGTGHTKIGTCFCURQT
CIWCEQP+(&
2QVGPEKCCNKOGPVCFCWPKFCFGU JR      
(WNN(GCVWTGTGHTKIGTCFCURQT
CIWCEQP+(&
%QPUWOQFGGPGTIC
UGECFQTC M9      
RNGPCECTIC WPKFCFGU(WNN
(GCVWTGEQP+(&
%QPUWOQFGGPGTIC
UGECFQTC JR      
RNGPCECTIC WPKFCFGU(WNN
(GCVWTGEQP+(&
%QPUWOQFGGPGTIC
UGECFQT M9      
EQPECTICPWNC WPKFCFGU(WNN
(GCVWTGEQP+(&
%QPUWOQFGGPGTIC
UGECFQT JR      
EQPECTICPWNC WPKFCFGU(WNN
(GCVWTGEQP+(&
6KRQFGTGHTKIGTCPVGWPKFCFGU 4C 4C 4C 4C 4C 4C
(WNN(GCVWTGEQP+(&
%CPVKFCFVQVCN
TGHTKIGTCPVG  MI      
WPKFCFGU(WNN(GCVWTGEQP+(&
%CPVKFCFVQVCN
TGHTKIGTCPVG  ND      
WPKFCFGU(WNN(GCVWTGEQP+(&


/CPWCNFGKPUVTWEEKQPGU

7PKFCF DCT DCT DCT RUK RUK RUK


GU
%QPUWOQFGCIWCFG NOKP      
TGHTKIGTCEKP
EQPWPC
VGORGTCVWTCFGGPVTCFCFGN
CIWCKPHGTKQTCu%[WP
CWOGPVQFGVGORGTCVWTCFG
u% WPKFCFGUTGHTKIGTCFCU
RQTCIWC
%QPUWOQFGCIWCFG EHO      
TGHTKIGTCEKP
EQPWPC
VGORGTCVWTCFGGPVTCFCFGN
CIWCKPHGTKQTCu([WP
CWOGPVQFGVGORGTCVWTCFG
u( WPKFCFGUTGHTKIGTCFCU
RQTCIWC
%QPUWOQFGCIWCFG NOKP      
TGHTKIGTCEKP
EQPWPC
VGORGTCVWTCFGGPVTCFCFGN
CIWCGPVTG[u%[WP
CWOGPVQFGVGORGTCVWTCFG
u% WPKFCFGUTGHTKIGTCFCU
RQTCIWC
%QPUWOQFGCIWCFG EHO      
TGHTKIGTCEKP
EQPWPC
VGORGTCVWTCFGGPVTCFCFGN
CIWCGPVTG[u([WP
CWOGPVQFGVGORGTCVWTCFG
u( WPKFCFGUTGHTKIGTCFCU
RQTCIWC
%CRCEKFCFFGCEGKVG N      
%CRCEKFCFFGCEGKVG 75ICN      
%CRCEKFCFFGCEGKVG +ORICN      
%CRCEKFCFFGCEGKVG EWHV      
0KXGNFGRQVGPEKCCEUVKEC F$
#      

EQPHQTOGC+51



/CPWCNFGKPUVTWEEKQPGU

)#

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
(TGEWGPEKC *\        
2TGUKPOZKOC DCT
G        

FGFGUECTIC
2TGUKPOZKOC RUKI        

FGFGUECTIC
2TGUKP
FG DCT
G        
FGUECTIC 
OZKOCWPKFCFGU
(WNN(GCVWTGEQP
+(&
2TGUKP
FG RUKI        
FGUECTIC 
OZKOCWPKFCFGU
(WNN(GCVWTGEQP
+(&
2TGUKPFGVTCDCLQ DCT
G        
PQOKPCN
2TGUKPFGVTCDCLQ RUKI        
PQOKPCN
2TGUKPFGVTCDCLQ DCT
G        
PQOKPCNWPKFCFGU
9QTMRNCEG(WNN
(GCVWTGEQP+(&
2TGUKPFGVTCDCLQ RUKI        
PQOKPCNWPKFCFGU
9QTMRNCEG(WNN
(GCVWTGEQP+(&
%CFCFGRTGUKP DCT
G        
UQDTGUGECFQT
WPKFCFGU(WNN
(GCVWTGEQP+(&
%CFCFGRTGUKP RUKI        
UQDTGUGECFQT
WPKFCFGU(WNN
(GCVWTGEQP+(&
2WPVQFGCLWUVG u%        
XNXWNC
VGTOQUVVKEC
2WPVQFGCLWUVG u(        
XNXWNC
VGTOQUVVKEC
6GORGTCVWTCFGN u%        
CKTGSWGUCNGFGNC
XNXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CKTG


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
6GORGTCVWTCFGN u(        
CKTGSWGUCNGFGNC
XNXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CKTG
6GORGTCVWTCFGN u%        
CKTGSWGUCNGFGNC
XNXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CIWC
6GORGTCVWTCFGN u(        
CKTGSWGUCNGFGNC
XNXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CIWC
6GORGTCVWTCFGN u%        
CKTGSWGUCNGFGNC
XNXWNCFGUCNKFC

CRTQZ WPKFCFGU
(WNN(GCVWTGEQP
+(&
6GORGTCVWTCFGN u(        
CKTGSWGUCNGFGNC
XNXWNCFGUCNKFC

CRTQZ WPKFCFGU
(WNN(GCVWTGEQP
+(&
2WPVQFGTQEQC u%        
RTGUKPWPKFCFGU
(WNN(GCVWTGEQP
+(&
2WPVQFGTQEQC u(        
RTGUKPWPKFCFGU
(WNN(GCVWTGEQP
+(&
/QVQTFG .) .) .) .) .) .) .) .)
CEEKQPCOKGPVQ        
5+'/'05
8GNQEKFCFFGNGLG TOKP        
FGNOQVQT
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CKTG


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CKTG
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CIWC
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CIWC
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CKTGEQP+(&
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CKTGEQP+(&
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CIWCEQP+(&
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CIWCEQP+(&
%QPUWOQFG M9        
GPGTIC
UGECFQTC
RNGPCECTIC 
WPKFCFGU(WNN
(GCVWTGEQP+(&
%QPUWOQFG JR        
GPGTIC
UGECFQTC
RNGPCECTIC 
WPKFCFGU(WNN
(GCVWTGEQP+(&


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
%QPUWOQFG M9        
GPGTIC
UGECFQT
EQPECTICPWNC 
WPKFCFGU(WNN
(GCVWTGEQP+(&
%QPUWOQFG JR        
GPGTIC
UGECFQT
EQPECTICPWNC 
WPKFCFGU(WNN
(GCVWTGEQP+(&
6KRQFG 4C 4C 4C 4C 4C 4C 4C 4C
TGHTKIGTCPVG
WPKFCFGU(WNN
(GCVWTGEQP+(&
%CPVKFCFVQVCN MI        

TGHTKIGTCPVG 
WPKFCFGU(WNN
(GCVWTGEQP+(&
%CPVKFCFVQVCN ND        

TGHTKIGTCPVG 
WPKFCFGU(WNN
(GCVWTGEQP+(&
%QPUWOQFGCIWC NOKP        
FGTGHTKIGTCEKP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
KPHGTKQTCu%[
WPCWOGPVQFG
VGORGTCVWTCFG
u% WPKFCFGU
TGHTKIGTCFCURQT
CIWC
%QPUWOQFGCIWC EHO        
FGTGHTKIGTCEKP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
KPHGTKQTCu([
WPCWOGPVQFG
VGORGTCVWTCFG
u( WPKFCFGU
TGHTKIGTCFCURQT
CIWC


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
%QPUWOQFGCIWC NOKP        
FGTGHTKIGTCEKP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
GPVTG[u%
[WPCWOGPVQFG
VGORGTCVWTCFG
u% WPKFCFGU
TGHTKIGTCFCURQT
CIWC
%QPUWOQFGCIWC EHO        
FGTGHTKIGTCEKP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
GPVTG[u(
[WPCWOGPVQFG
VGORGTCVWTCFG
u( WPKFCFGU
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG N        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG 75        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG +OR        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG EWHV        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CKTG


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
%CRCEKFCFFG N        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG 75        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG +OR        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG EWHV        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CIWC
0KXGNFGRQVGPEKC F$
#        
CEUVKEC

EQPHQTOGC+51



)#

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
(TGEWGPEKC *\        
2TGUKPOZKOC DCT
G        

FGFGUECTIC
2TGUKPOZKOC RUKI        

FGFGUECTIC
2TGUKP
FG DCT
G        
FGUECTIC 
OZKOCWPKFCFGU
(WNN(GCVWTGEQP
+(&
2TGUKP
FG RUKI        
FGUECTIC 
OZKOCWPKFCFGU
(WNN(GCVWTGEQP
+(&
2TGUKPFGVTCDCLQ DCT
G        
PQOKPCN
2TGUKPFGVTCDCLQ RUKI        
PQOKPCN
2TGUKPFGVTCDCLQ DCT
G        
PQOKPCNWPKFCFGU
9QTMRNCEG(WNN
(GCVWTGEQP+(&


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
2TGUKPFGVTCDCLQ RUKI        
PQOKPCNWPKFCFGU
9QTMRNCEG(WNN
(GCVWTGEQP+(&
%CFCFGRTGUKP DCT
G        
UQDTGUGECFQT
WPKFCFGU(WNN
(GCVWTGEQP+(&
%CFCFGRTGUKP RUKI        
UQDTGUGECFQT
WPKFCFGU(WNN
(GCVWTGEQP+(&
2WPVQFGCLWUVG u%        
XNXWNC
VGTOQUVVKEC
2WPVQFGCLWUVG u(        
XNXWNC
VGTOQUVVKEC
6GORGTCVWTCFGN u%        
CKTGSWGUCNGFGNC
XNXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CKTG
6GORGTCVWTCFGN u(        
CKTGSWGUCNGFGNC
XNXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CKTG
6GORGTCVWTCFGN u%        
CKTGSWGUCNGFGNC
XNXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CIWC
6GORGTCVWTCFGN u(        
CKTGSWGUCNGFGNC
XNXWNCFGUCNKFC

CRTQZ WPKFCFGU
TGHTKIGTCFCURQT
CIWC
6GORGTCVWTCFGN u%        
CKTGSWGUCNGFGNC
XNXWNCFGUCNKFC

CRTQZ WPKFCFGU
(WNN(GCVWTGEQP
+(&


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
6GORGTCVWTCFGN u(        
CKTGSWGUCNGFGNC
XNXWNCFGUCNKFC

CRTQZ WPKFCFGU
(WNN(GCVWTGEQP
+(&
2WPVQFGTQEQC u%        
RTGUKPWPKFCFGU
(WNN(GCVWTGEQP
+(&
2WPVQFGTQEQC u(        
RTGUKPWPKFCFGU
(WNN(GCVWTGEQP
+(&
/QVQTFG .) .) .) .) .) .) .) .)
CEEKQPCOKGPVQ        
5+'/'05
8GNQEKFCFFGNGLG TOKP        
FGNOQVQT
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CKTG
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CKTG
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CIWC
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU
TGHTKIGTCFCURQT
CIWC
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CKTGEQP+(&


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CKTGEQP+(&
2QVGPEKC M9        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CIWCEQP+(&
2QVGPEKC JR        
CNKOGPVCFC
WPKFCFGU(WNN
(GCVWTG
TGHTKIGTCFCURQT
CIWCEQP+(&
%QPUWOQFG M9        
GPGTIC
UGECFQTC
RNGPCECTIC 
WPKFCFGU(WNN
(GCVWTGEQP+(&
%QPUWOQFG JR        
GPGTIC
UGECFQTC
RNGPCECTIC 
WPKFCFGU(WNN
(GCVWTGEQP+(&
%QPUWOQFG M9        
GPGTIC
UGECFQT
EQPECTICPWNC 
WPKFCFGU(WNN
(GCVWTGEQP+(&
%QPUWOQFG JR        
GPGTIC
UGECFQT
EQPECTICPWNC 
WPKFCFGU(WNN
(GCVWTGEQP+(&
6KRQFG 4C 4C 4C 4C 4C 4C 4C 4C
TGHTKIGTCPVG
WPKFCFGU(WNN
(GCVWTGEQP+(&
%CPVKFCFVQVCN MI        

TGHTKIGTCPVG 
WPKFCFGU(WNN
(GCVWTGEQP+(&
%CPVKFCFVQVCN ND        

TGHTKIGTCPVG 
WPKFCFGU(WNN
(GCVWTGEQP+(&


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
%QPUWOQFGCIWC NOKP        
FGTGHTKIGTCEKP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
KPHGTKQTCu%[
WPCWOGPVQFG
VGORGTCVWTCFG
u% WPKFCFGU
TGHTKIGTCFCURQT
CIWC
%QPUWOQFGCIWC EHO        
FGTGHTKIGTCEKP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
KPHGTKQTCu([
WPCWOGPVQFG
VGORGTCVWTCFG
u( WPKFCFGU
TGHTKIGTCFCURQT
CIWC
%QPUWOQFGCIWC NOKP        
FGTGHTKIGTCEKP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
GPVTG[u%
[WPCWOGPVQFG
VGORGTCVWTCFG
u% WPKFCFGU
TGHTKIGTCFCURQT
CIWC
%QPUWOQFGCIWC EHO        
FGTGHTKIGTCEKP

EQPWPC
VGORGTCVWTCFG
GPVTCFCFGNCIWC
GPVTG[u(
[WPCWOGPVQFG
VGORGTCVWTCFG
u( WPKFCFGU
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG N        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG 75        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CKTG


/CPWCNFGKPUVTWEEKQPGU

7PKFC DCT DCT DCT DCT RUK RUK RUK RUK


FGU
%CRCEKFCFFG +OR        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG EWHV        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CKTG
%CRCEKFCFFG N        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG 75        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG +OR        
CEGKVGWPKFCFGU ICN
TGHTKIGTCFCURQT
CIWC
%CRCEKFCFFG EWHV        
CEGKVGWPKFCFGU
TGHTKIGTCFCURQT
CIWC
0KXGNFGRQVGPEKC F$
#        
CEUVKEC

EQPHQTOGC+51




/CPWCNFGKPUVTWEEKQPGU

 +PUVTWEEKQPGURCTCGNWUQFGNFGRUKVQFGCKTG

 +PUVTWEEKQPGUFGWUQ

+PUVTWEEKQPGU

 'UVGTGEKRKGPVGRWGFGEQPVGPGTCKTGRTGUWTK\CFQVGPICGPEWGPVCGNRGNKITQRQVGPEKCN
SWGGUVQUWRQPGUKPQNQWVKNK\CEQTTGEVCOGPVG
 'UVGTGEKRKGPVGUGWUCTPKECOGPVGGPECNKFCFFGUGRCTCFQTFGCKTGEQORTKOKFQCEGKVG
[HWPEKQPCTFGPVTQFGNQUNOKVGUGURGEKHKECFQUGPNCRNCECFGFCVQU
 0QFGDGTGCNK\CTPKPIWPCOQFKHKECEKPGPGUVGTGEKRKGPVGPKUQNFCPFQPKVCNCFTCPFQPK
RQTPKPIPQVTQOVQFQOGEPKEQUKPGNRGTOKUQGUETKVQFGNHCDTKECPVG
 5GKPFKECTPENCTCOGPVGNCRTGUKP[VGORGTCVWTCFGGUVGTGEKRKGPVG
 .CXNXWNCFGUGIWTKFCFFGDGEQTTGURQPFGTEQPRKEQUVTCPUKVQTKQUFGRTGUKPFG
XGEGUNCOZKOCRTGUKPRGTOKUKDNGFGVTCDCLQ&GDGICTCPVK\CTSWGNCRTGUKPPQ
GZEGFGTRGTOCPGPVGOGPVGNCOZKOCRTGUKPRGTOKUKDNGFGVTCDCLQFGNTGEKRKGPVG
 7VKNKEGUNQGNCEGKVGGURGEKHKECFQRQTGNHCDTKECPVG
 2QTNQVCPVQPQJC[PGEGUKFCFKPVTPUGECFGTGCNK\CTKPURGEEKQPGUKPVGTOGFKCUFGN
TGEKRKGPVGUKUVGUGWVKNK\CFGPVTQFGNQUNOKVGUFGFKUGQ[RCTCNQUHKPGUFGWUQRCTC
NQUSWGUGJCRTGXKUVQ
 5GWUCTPPKECOGPVGRGTPQUQTKIKPCNGUFGURWUFGCDTKTRCTCWPCKPURGEEKP*C[SWG
VQOCTGPEQPUKFGTCEKPGNOQOGPVQFGVQTUKPOZKOQRCTCRGTPQU/0O

NDHHV 
 RCTCRGTPQU/0O
NDHHV 
 


/CPWCNFGKPUVTWEEKQPGU

 2'&

 &KTGEVKXCUUQDTGGSWKRQUCRTGUKP

%QORQPGPVGUUWLGVQUCNC&KTGEVKXCUQDTGGSWKRQUCRTGUKP%'
%QORQPGPVGUUWLGVQUCNC&KTGEVKXCUQDTGGSWKRQUCRTGUKP%'UWRGTKQTGUQGSWKXCNGPVGUCNC
ECVGIQTC++

6KRQFGEQORTGUQT 0OGTQFGRKG\C &GUETKREKP %NCUGFG2'&



/QFGNQUFGN)# CN  8NXWNCFGUGIWTKFCF +8
)#
 8NXWNCFGUGIWTKFCF +8
 8NXWNCFGUGIWTKFCF +8
 8NXWNCFGUGIWTKFCF +8
 4GEKRKGPVG ++

%NCUKHKECEKPIGPGTCN
2CTC)# C)#NQUEQORTGUQTGUEWORNGPNC&KTGEVKXCUQDTGGSWKRQUCRTGUKP
2'& RCTC
GSWKRQUEQPWPCECVGIQTCKPHGTKQTCNC%CVGIQTC++


GA 55+, GA 75+, GA 90

Manual de Instrucciones
Atlas Copco se distingue como empresa por nuestra
conviccin de que slo podremos destacar en lo que
hacemos si ofrecemos la mejor experiencia tecnolgica
posible para ayudar realmente a nuestros clientes a
producir, crecer y triunfar.

Slo hay una forma de conseguirlo nosotros lo


llamamos simplemente el estilo Atlas Copco. Se basa en
la interaccin, las relaciones a largo plazo y la
participacin en los procesos, necesidades y objetivos de
los clientes. Significa que debemos ser flexibles para
adaptarnos a los variados requisitos de las personas que
confan en nosotros.

El compromiso con el negocio de nuestros clientes


dirige nuestro esfuerzo para aumentar su productividad
mediante mejores soluciones. Un compromiso que
comienza prestando pleno apoyo a los productos
existentes y mejorando las cosas continuamente. Pero no
nos detenemos aqu, concebimos y realizamos avances
tecnolgicos a travs de la innovacin. No por simple
amor a la tecnologa, sino pensando en los resultados y
en la tranquilidad de nuestros clientes.

As es como Atlas Copco se esforzar por seguir siendo


la primera eleccin, atraer nuevos negocios y mantener
nuestra posicin como lder de la industria.

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