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%A1G16=:=5Gff%) fl6),96-:/,)8(05 #/,fi(80,:(3fl6), (63>/@73B/::=037A:=1/B32/BB63B=>=4B630@/7<(63/@3/1=D3@320G B63A3 :=03A 7A 1/::32 B63 964(:69,5968? *68:,> E6716 @3137D3A 7<4=@;/B7=</0=CB>@3AAC@3B3;>3@/BC@3B=C16/<2>/7< 4@=;/::=D3@ B630=2GfiCAB :793 B63;=B=@ 1=@B3F B63 A=;/B=A3<A=@G /@3/A 7< 3/16 63;7A>63@3 @3137D3 A3<A=@G 7<>CB 4@=; B63 =>>=A7B3 A723 =4 B63 0=2G '3<A=@G ;3AA/53A 7<4=@;CAE6/B B63;=D/0:3 >/@BA=4=C@0=2G/@3 2=7<5/B3D3@G;=;3<BffB7AB67A/07:7BGB6/B3</0:3ACAB=>3@4=@;/ A7;>:3 B/A9AC16 /A B=C167<5 =C@<=A3 E7B6=C@3G3A A6CB 3@B/7< >/@BA=4B63A3<A=@G1=@B3F/@3/AA=17/B32E7B613@B/7<0=2G>/@BA(63 /@3/A>3@B/7<7<5B=B636/<2A/<24/13/@3:/@53A7<13B63A3>/@BA/@3 >/@B71C:/@:GA3<A7B7D3 #/,ff**070:(3fl6), (63 =117>7B/: :=03 7A :=1/B32 /B B63 :=E3@ 0/19 >/@B =4 B63 0@/7< ffB1=<A7ABA=4B63 <09;(3*68:,>E67167A/1=;>:3B3<3BE=@9=4<3C@=<A 23D=B32 B= A337<5 (63 3G3A @3137D3 B63 A3<A=@G 7<4=@;/B7=< B63
6/>B3@ 7=:=571/:0/A3A=46C;/<036/D7=C@ D7AC/: 1=@B3F 7<B35@/B3A B63 7<4=@;/B7=< 7<B= 3:31B@71/:>/BB3@<E6716 B630@/7< B@/<A:/B3A 7<B= D7A7=< (63 D7AC/: 1=@B3F=4 3/1663;7A>63@3 @3137D3A A3<A=@G ;3AA/53A 4@=; 0=B6 3G3A /;/53 B= B63 =117>7B/: :=03 @3AC:BA 7< D/@G7<5 235@33A =4 7;>/7@32 D7AC/: 1=5<7B7=< @/<57<5 4@=; >/@B7/: B= 1=;>:3B3 0:7<2<3AA #/,#,4768(3fl6), (63B3;>=@/::=037A:=1/B32/BB63A723A=4B630@/7<8CAB/0=D3B63 3/@A0367<2B63B3;>:3AffB7A7<D=:D327<3;=B7=<>3@13>B7=<;3;=@G /<2 :/<5C/531=;>@363<A7=< ffB1=<B/7<A B63 (;+0:68? 1=@B3FE6716 >@=13AA3AA=C<2(63/C27B=@G1=@B3F@3137D3A7<4=@;/B7=<27@31B:G4@=; B63 /C27B=@G AGAB3; (63A3 /C27B=@G A75</:A /@3 B@/<A;7BB32 B= /< /28/13<BAB@C1BC@39<=E</A &,850*2,G9(8,( E67167<B3@>@3BA A=C<2A =4 6C;/< A>3173A +3@<7193KA />6/A7/ =11C@A E63< B63@3 7A 274471C:BG 7< 0=B6 C<23@AB/<27<5 =B63@AK A>3316 /<2 7< >@=2C17<5 :/<5C/53 (67A27A=@23@ 7A 16/@/1B3@7H320G A>3316 B6/B A=C<2A 4:C3<B 0CB;/93A<=A3<A3 (63 23A1@7>B7=<A 57D3< /@3 A7;>:74732 =<3A (63@3 7A 1=<A723@/0:3 =D3@:/>7<E6/BB63D/@7=CA:=03A2= /16=4B63A3B6@331=<13<B@71AB@C1BC@3A=4B630@/7</13<B@/:1=@3 B63:7;071AGAB3;/<2B6313@30@/:1=@B3F6/AA>317/:7H324C<1B7=<A0CB B63GE=@9B=53B63@B=>@=2C13B63;=AB34431B7D3@3AC:BA "0.50-0*(5*,6-!0./:(5+fl,-:8(05 (6313@30@C;E67167AB63A3/B=41=;>:3FB6=C56B7A27D72327<B=BE= A3>/@/B36/:D3A1/::32 /,4097/,8,9ffl3;7A>63@3A1=<B@=:B63A723=4B63 0=2G=>>=A7B3B=B637@:=1/B7=< #/,3,-:/,4097/,8,6-:/,)8(05*65:8639 :/,80./:90+,6-:/,)6+?(5+:/,80./:/,4097/,8,*65:8639:/,3,-: 90+,6-:/,)6+?(6CA2/;/53B=B63@756BA723=4B630@/7<7ABG>71/::G 7<271/B320G4C<1B7=</:274471C:B73A7<B63:34BA723=4B630=2G(63235@33 B= E6716 B63 :34B =@ @756B 63;7A>63@3 1=<B@=:A D/@7=CA 1=5<7B7D3 /<2 036/D7=@/:4C<1B7=<A7A9<=E</A 3(:,8(30@(:065
%A1G16=:=5Gff%) ;5*:06596-:/,/,4097/,8,9 (63 :34B 63;7A>63@3 1=<B@=:A =C@ /07:7BG B= 3F>@3AA =C@A3:D3A 7< :/<5C/53 ffB >3@4=@;A 1=;>:3F :=571/: /<2 /</:GB71/: /1B7D7B73A /<2 7A >@=47173<B 7< ;/B63;/B71/: 1=;>CB/B7=<A ffB 1=<B@=:A A>3316 @3/27<5 E@7B7<5@3/A=<7<5/<2/@7B6;3B71ffB=>3@/B3A7</:=571/:/</:GB71/:;=23 4=1CA3A =< 23B/7:A /<2 >3@137D3A 7< B3@;A =4 7<27D72C/: 43/BC@3A @/B63@ B6/<6=:7AB71>/BB3@<(63@756B63;7A>63@31=;>@363<2AA7;>:3:/<5C/53 ffB6/A/6756:G23D3:=>32A>/B7/:/<2>/BB3@<A3<A3ffB7AAC>3@7=@B=B63 :34B 63;7A>63@3 7< 1=<AB@C1B7<5 53=;3B@71 2@/E7<5A ffB 1/< /AA3;0:3 1=:=@320:=19AB=;/B16/1=;>:3F23A75<;C16;=@334431B7D3:GB6/<B63 :34B63;7A>63@3ffB>:/GA/@=:3 7<;CA71/:/@B7AB71/07:7B73A2@/E7<57< >3@13>B7=<=41=;>:3F53=;3B@71>/BB3@<A/<2C<23@AB/<27<5=4A>/B7/: @3:/B7=<A ffB 7A 34431B7D3 =< B/A9A B6/B @3?C7@3 B63 D7AC/:7H/B7=< =4 @3:/B7=<A67>A (63 @756B 63;7A>63@3 /:A= A6=EA ;=@3 3;=B7=</: /<2 7;>C:A7D3<3AAB6/<7BA1=;>/<7=< '=;3 @3A3/@163@A 6/D3 A>31C:/B32 B6/B 7<27D72C/: 27443@3<13A 7< 1=5<7B7D3ABG:3/@3@3:/B32B=7<27D72C/:27443@3<13A7<B63@3:/B7D33447173<1G =4B63BE=63;7A>63@3A(6CA7<27D72C/:AE6=/@3D3@G:=571/:/</:GB71/:
6/>B3@ 7=:=571/:0/A3A=46C;/<036/D7=C@ /<2D3@0/:E=C:26/D36756:G3447173<B:34B63;7A>63@34C<1B7=<AE63@3/A B6=A3E6=/@3C<CAC/::G6=:7AB71;CA71/:7<BC7B7D3/<27;>C:A7D3E=C:2 6/D3/0/:/<137<4/D=@=4@756B63;7A>63@3 "705(368+ (63A>7</:1=@27A/AB6719/A/>3<17:ffB7A/:/@53@=>3:793A35;3<B=4 <3@D3B7AAC3AB6/B:3/D3AB630@/7</<2@C<A2=E<B63:3<5B6=4B630/19 '=;3B7;3A7B1=<B@=:A13@B/7<A7;>:397<2A=4036/D7=@=<7BA=E<E7B6=CB 7<D=:D7<5B630@/7<(63A3036/D7=@A/@31/::32 9705(38,-3,>,9 B=B63@B7;3AB63@3A>=<A37A;=2C:/B320G;3AA/53A4@=;B6367563@ <3@D313<B@3AffB7A>@=B31B320GB630=<GA>7</:D3@B30@/B3ffB7A1=;>/@32 B=/ :/@531/0:3<3BE=@9E67163F16/<53A 7<<C;3@/0:3;3AA/53AE7B6 B63 13<B@/: @3137D7<5 /<2 B@/<A;7BB7<5 AB/B7=< ffB 7A 1=;>=A32 =4 B67@BG =<3 27D7A7=<A =@ A35;3<BA /16 A35;3<B 6/A / >/7@ =4 A>7</: <3@D3A (63@3 /@3 B67@BG =<3>/7@A =<3 A3@D7<5 B63 @756B /<2 B63 =B63@ A3@D7<5 B63:34BA723=4B630=2G(63A>7</:<3@D3A@C<7</<2=CB4@=;B631=@2 03BE33<D3@B30@/3/16<3@D31=<A7ABA=4BE=@==BA / +689(3866:B=E/@2A B630/19E6716 1=<B/7<A A3<A=@G 4703@A/<2/ D3<B@/:@==B B=E/@2A B63 4@=<B =4 B63 0=2G E6716 1=<B/7<A ;=B=@ 4703@A (63 2=@A/: @==B 1/@@73A /443@3<B7;>C:A3AA3<A=@G/<2B63 <,5:8(3866:1/@@73A3443@3<B;=B=@ 7;>C:A3Aff<B633D3<B=4/<G2/;/53=@7<8C@G B=B632=@A/:4703@A=<3 E=C:2 :=A3 A3<A7B7D7BG 7< B63 >/@B =4 B63 0=2G 1=<<31B32 E7B6 B63; !793E7A3B63>/@BA=4B630=2G1=<<31B32E7B6B63D3<B@/:4703@AE=C:2 03 >/@/:GH32 74 B63G E3@3 B= 03 2/;/532 0CBB3@4:G A6/>32 ;/AA =4 .8(?4(::,87A:=1/B32/BB6313<B@3=4B63A>7</:1=@2(67A/@3/1=<B/7<A 1=<<31B=@ <3C@=<A /<2 =B63@ 13::A (63 =/0:, 4(::,8 AC@@=C<2A B63 5@/G;/BB3@ /<2 7A 1=;>=A32 =4 B63 /A13<27<5 /<2 23A13<27<5 <3C@/: 1=:C;<(635@3G;/BB3@ 7A1=<13@<32E7B6B63 47@AB :3D3:=4 7<B35@/B7=< 031/CA3 7B 1=<B/7<A B63 1=<<31B=@ <3C@=<A <313AA/@G 4=@ @34:3F3A (63 E67B3;/BB3@E67161=<B/7<A/A13<27<5/<223A13<27<54703@AA3@D3AB63 A31=<2>C@>=A3=4B63A>7</:1=@20GB@/<A;7BB7<57;>C:A3AB=/<24@=; B6367563@13<B@3A=47<B35@/B7=<7<B630@/7<(63A>7</:1=@26/AB6@33 ;/8=@4C<1B7=<A
%A1G16=:=5Gff%) "705(3*68+ ffB 1/@@73A A3<A=@G 7<4=@;/B7=< B6@=C56 /443@3<B <3@D3 4703@A 4@=; @313>B=@AB6@=C56=CBB630=2GB=B630@/7</<21=<2C1BA7<4=@;/B7=< B6@=C56 3443@3<B <3@D3 4703@A 4@=; B63 0@/7< B= B63 ;CA1:3A /<2 5:/<2A ffB >:/GA /< 7;>=@B/<B @=:3 7< @34:3F /1B7=<A (63A3 /@3 /CB=;/B71 /1B7=<A 3D=932 @/>72:G 0G >/@B71C:/@ AB7;C:7 (63 A7;>:3AB @34:3F ;/G 7<D=:D3 / A3<A=@G <3C@=< ;=B=@ <3C@=< 7<B3@ <3C@=< /<2 / >/@B =4 B63 A>7</: 1=@2 (63 >/B6 =4 B63 @34:3F /1B7=< 7A 1/::32 B63 @34:3F/@1'>7</:@34:3F3A>3@;7BCAB=@3/1BB=>=B3<B7/:2/<53@A D3@G ?C719:G <=B63@7;>=@B/<B4C<1B7=<7A0=27:G;=D3;3<Bff4B63A>7</:1=@2 7A2/;/5320G7<8C@G=@ 27A3/A37B@3AC:BA7<>/@/:GA7A/A7B>:/GA / 1@7B71/: @=:3 7< B@/<A;7BB7<5 A75</:A 4@=; B630@/7< B= B63;=B=@ <3C@=<A B6/B ;=D3 B63 0=2GKA ;CA1:3A