Você está na página 1de 240

!"#$%&'($')*+"$,-./'01".23.'4("-&,".

1
51*#-,.)"62/'7&8.2'9&::.2;<'!"#$%$&%'()*"#+)#,-".&)/#0'12&)3'=:,.>?$2-&@

A$#$,B.(&#'-&(&#'1&#'($,$)8&#'41')&2-$2"(&'($'$#-.'&+,.'$#-.'C,&-$>"(&'C&,'1.'D$;E'F*$'$#-.+1$)$'
C$2.#'($'C,"#"62';G&'?*1-.#E'.($?H#'($'1.#')&,,$#C&2("$2-$#'"2($?2"3.)"&2$#'C&,'(.%&#';'C$,I*")"&#E'
C.,.'F*"$2$#',$C,&(*I$,$2E'C1.>".,$2E'("#-,"+*;$,$2'&')&?*2").,$2'CJ+1").?$2-$E'$2'-&(&'&'$2'C.,-$E'
*2.'&+,.'1"-$,.,".E'.,-K#-").'&')"$2-K:").E'&'#*'-,.2#:&,?.)"62E'"2-$,C,$-.)"62'&'$I$)*)"62'.,-K#-").':"I.(.'
$2')*.1F*"$,'-"C&'($'#&C&,-$'&')&?*2").(.'.'-,.BL#'($')*.1F*"$,'?$("&E'#"2'1.'C,$)$C-"B.'.*-&,"3.)"62

M,.2)"#)&'7.B"$,'N6?$3'4#C$1&#K2E'OPPQ
01".23.'4("-&,".1E'R<'0<E'S.(,"(E'OPPQ
7*.2'5>2.)"&'D*).'($'T$2.E'UVW'OXPOY'S.(,"(
T$1L:&2&'ZUQZQXXXX
[[[<.1".23.$("-&,".1<$#
5R\]/'X^_OP`_V`PV_^
!$C6#"-&'1$>.1/'S<'Q^<``X_OPPQ
a&?C*$#-&'$'"?C,$#&'$2'M$,2H2($3'a"*(.(E'R<'D<
a.-.1"2.'R*H,$3E'UZ<OXPPY'S.(,"(
b,"2-$('"2'RC."2

4#5%/#6"+.)/

"

!"#$#%&'()*%

N,$)".'8.'#"(&'#"$?C,$'*2'1*>.,')&?J2'($',$:$,$2)".'$2'1.')*1-*,.'&))"($2-.1'
.'C$#.,'($'1&#':,$)*$2-$#'.1-"+.I&#'F*$'8.'"(&'$cC$,"?$2-.2(&'#*':&,-*2.'.'1&'1.,>&'
($'1&#'-"$?C&#<'T,.(")"&2.1?$2-$'#$'8.'#$%.1.(&'.'1&#'>,"$>&#')&?&'1&#'),$.(&,$#'$'
"?C*1#&,$# ' ($ ' 1.# ' "($.# ' ; ' B.1&,$# ' :*2(.?$2-.1$# ' F*$ ' 8.2 ' )&2:">*,.(& ' 2*$#-,.'
)"B"1"3.)"62< ' 42 ' $1 ' "?.>"2.,"& ' )&1$)-"B& ' &))"($2-.1 ' 1&# ' >,"$>&# ' .C.,$)$2 ' )&?& ' *2'
C*$+1&'#"2>*1.,';'(":$,$2-$'($'1&#'($'#*'$2-&,2&'F*$':*$').C.3'($'),$.,'1&#'C.-,&2$#'
($:"2"-"B&#'($'+$11$3.'F*$'-&(.BK.',">$2'1.'?.;&,'C.,-$'($'2*$#-,&')6(">&'$#-L-")&E'($'
.,-")*1.,'*2'#"#-$?.'C&1K-")&')&?&'1.'($?&),.)".'$2'$1'F*$'1.'1"+$,-.('&'1.'">*.1(.('
.2-$'1.'1$;')&2#-"-*;$2'#*#',.#>&#').,.)-$,K#-")&#';'F*$'8.'?.,).(&'1.'C.*-.'.'#$>*",'
C&,'1.#'#&)"$(.($#'?&($,2.#E'&'($'$?C,$2($,')&2'.*(.)".'1.'.B$2-*,.'"2-$1$)-*.1'
($1 ' )&2&)"?"$2-& ' 8*?.2& ' +.#.(& ' $2 ' 1. ' ,.362E ' 8.+"1"-.2(& ' 8$,,.?"$2-.#'
"2("#C$2#.+1$# ' )&?& ' 1. ' 16>").E ' 1. ' (".1L)-"). ' & ' 1. ' >$&?$-,K.E ' & ' (.2(& ' :&,?. ' .'
)&2)$C-&#'+H#")&#')&?&'$1'($'*2'*2"B$,#&'&,($2.(&'&'.'("#)"C1"2.#')&?&'1.'8"#-&,".'
$2-$2("(.')&?&'"2B$#-">.)"62'($1'C.#.(&'$2'+*#).'($'1.'B$,(.(<
D.'N,$)".'.)-*.1E'*2'C.K#'F*$'8.#-.'$1'#">1&'d5d'8.+K.'C$,?.2$)"(&'.1'?.,>$2'
($'1.'8"#-&,".'$*,&C$.';'($2-,&'($1'H?+"-&'&,"$2-.1'-,.#'#*'1.,>.'C$,?.2$2)".'+.I&'$1'
(&?"2"&'&-&?.2&E'F*$'8.'($I.(&'>*#-&#E'.,&?.#';')&#-*?+,$#'"2($1$+1$#'$2'-&(.'#*'
)*1-*,.E'8.')&2#$>*"(&':"2.1?$2-$'#*'1*>.,'+.I&'$1'#&1'($'e))"($2-$'>,.)".#'$2'C.,-$'
_2&')&2B"$2$'&1B"(.,'-.?C&)&'#*'"?C&,-.2-$'C&#")"62'$#-,.-L>").'$2'-"$?C&#'($'1.'
>*$,,.':,K._'.'#*')&2(")"62'($')*2.',$)&2&)"(.'($'1.')"B"1"3.)"62'&))"($2-.1<'4#-.'
)&2(")"62 ' ($ ' -"$,,. ' C,"?&,(".1 ' ($ ' 1&# ' &,K>$2$# ' ($ ' e))"($2-$E ' F*$ ' 1. ' *+")6 ' )&?&'
B$,(.($,& ' C.K# ' $2 ' $1 ' ?.C. ' .2-$# ' ($ ' F*$ ' #$ ' -,.3.,.2 ' 1.# ' :,&2-$,.# ' $:$)-"B.# ' ($1'
2*$B& ' $#-.(& ' $2 ' $1 ' #">1& ' d5dE ' 8. ' C,&?&B"(& ' .($?H# ' *2. ' :1&,$)"$2-$ ' "2(*#-,".'
-*,K#-").'F*$')&2#-"-*;$'$2'1.'.)-*.1"(.('1.'$#C"2.'(&,#.1'$2'1.'$)&2&?K.'($1'C.K#<'
N,$)". ' )*$2-. ' )"$,-.?$2-$ ' )&2 ' ,$)*,#&# ' #*:")"$2-$# ' C.,. ' .-,.$, ' 1. ' .-$2)"62 ' ($1'
B"#"-.2-$')&2'#*#'"2),$K+1$#').1.#')&#-$,.#E'#*#'.>,$#-$#'?&2-.%.#E'#*#'"2:"2"-.#'"#1.#'
;'#*'$c-,.&,("2.,". '1*?"2&#"(.(E'F*$'($:"2$')&2'2"-"($3'1&#'C$,:"1$#';'C$,?"-$'*2.'
)1.,.'B"#"62'"2)1*#&'($'1&#'1*>.,$#'?H#'.C.,-.(&#<'R"2'$?+.,>&E'#*'C,"2)"C.1'.1")"$2-$'
)&2-"2J.2 ' #"$2(& ' #*# ' $#C$)-.)*1.,$# ' ,*"2.#E ' #*# ' ?*#$&#E ' F*$ ' .1+$,>.2 ' C"$3.#'
.,-K#-").# ' ($ ' C,"?$,. ' )1.#$E ' ; ' #&+,$ ' -&(&E ' F*"3HE ' 1. ' ).C.)"(.( ' $B&).(&,. ' F*$ ' #*'
C."#.I$E':*$,-$?$2-$'"?C,$>2.(&'($'?"-&#E'8"#-&,".';'2&#-.1>".E'C&#$$'#&+,$'2*$#-,.'
"?.>"2.)"62'$(*).(.'$2'$#-.'B"#"62'"($.1'($'1.#')&#.#<'N,$)".'#$'8.')&2B$,-"(&'$2'

*2'$#C.)"&'"?.>"2.,"&E'F*$':*$'$#)$2.,"&'C,"B"1$>".(&'$2'#*'(K.'($'1.#'.2(.23.#';'
8.3.%.#'($'("&#$#';'8L,&$#';'F*$'.1$2-6'$2'#*'?&?$2-&'.'1&#'C,"2)"C.1$#'.,-K:")$#'
($'2*$#-,.')"B"1"3.)"62<
R"2'$?+.,>&'2&'#"$?C,$'$#'&,&'-&(&'1&'F*$',$1*)$E')&?&'+"$2',$3.'$1'(")8&<'
D.'"?.>$2'"($.1'($'N,$)".'8*2($'#*#',.K)$#'$2'-&(.'*2.'-,.(")"62':.B&,.+1$'F*$'
($#($'$1'A$2.)"?"$2-&'1.'$2#.136')&?&')*1-*,.'$I$?C1.,';'8$>$?62").E'#"-*H2(&1.'
C&,')&?C1$-&'.1'?.,>$2'($'1.'8"#-&,".')&?&'*2'B$,(.($,&'?"1.>,&'#*,>"(&'$2'?$("&'
($'1.'2.(.'$2'*2.'-"$,,.'F*$'2&')&2-.+.')&2'1.#')&2(")"&2$#'.($)*.(.#'=>,.2($#'
,K&#E ' C&, ' $I$?C1&@ ' C.,. ' )&2B$,-",#$ ' $2 ' *2. ' >,.2 ' )"B"1"3.)"62 ' . ' 1. ' ?.2$,. ' ($ ' 1&#'
"?C$,"&# ' &,"$2-.1$#< '4#-. ' )&2(")"62 ' .-$?C&,.1 '$ '"?.>"2.,". ' C$,?"-"6E ' $2 ' ($:"2"-"B.E'
F*$'N,$)".':*$,.')&2-"2*.?$2-$',$"2B$2-.(.'.'-$2&,'($'1.#'2$)$#"(.($#'.I$2.#'.'1.#'
F*$'C,$-$2(K.2'#$,B",'#*#'*#*.,"&#<'R"2'$?+.,>&E'1.',$.1"(.('8"#-6,").':*$'?*)8&'
?$2&#'"(K1").<'D.'-"$,,.'C&+1.(.'C&,'C&$-.#E':"16#&:&#';'.,-"#-.#'#$'$2).,2.+.'$2'*2'
C."#.I$ ' H#C$,& ' ; ' 8&#-"1 ' F*$ ' 2& ' #$ ' .#$?$I.+. ' ?*)8& ' . ' 1&# ' *?+,&#&# ' ; ' :,$#)&#'
C."#.I$#'"?.>"2.(&#'$2'1.'?"-&1&>K.<'D.'1*)8.':$,&3'C&,'1.'#*C$,B"B$2)".')&2#-"-*K.'1.'
2&,?. ' ($ ' B"(.E ' 1.# ' >*$,,.# ' $,.2 ' :,$)*$2-$#E ' $1 ' $#C.)"& ' B"-.1 ' ,$(*)"(&E ' 1. ' C,$#"62'
#&)".1'.>&+".2-$E'$1')6(">&'?&,.1'"2:1$c"+1$';'($#C".(.(&E'1.',$1.)"62')&2'1&#'("&#$#'
-$2#.';')&2(")"&2.(.E'1.':&,?.'($'B"(.'?"#$,.+1$';'1&#',$(*)"(&#'H?+"-&#'*,+.2&#'
).,$2-$# ' ($ ' >,.2($# ' $(":")"&#E ' F*$ ' 1"?"-.+.2 ' C,H)-").?$2-$ ' #* ' C,$#$2)". ' . ' 1.'
.),6C&1"#'($'0-$2.#';'.'1&#'>,.2($#'#.2-*.,"&#'C.28$1L2")&#<
D.'N,$)".',$.1'$,.'?*)8&'?H#'("B$,#.'($'1&'F*$'2&#'C$,?"-$'B"#1*?+,.,'$1'
$c-$2#&';')&1&,"#-.'C.,.>*.#'*,+.2&'.-$2"$2#$E'?*)8&'?H#'B"#"+1$';'+,"11.2-$'C&,'
)&2)$2-,.,').#"'-&(.'1.'.-$2)"62'($'1.'-,.(")"62'1"-$,.,".'F*$'($I6E'$2').?+"&E'$2'$1'
#"1$2)"&'.').#"'-&(.#'1.#'($?H#',$>"&2$#E'.'1&#').?C&#'(&2($'8.+"-.+.'1.'?.;&,'
C.,-$'($'1.'C&+1.)"62';'.'#$)-&,$#'$2-$,&#'($'1.'#&)"$(.('($#C,&B"#-&#'($'B&3E')&?&'
1.#'?*I$,$#E'1&#'$#)1.B&#';'1&#'$c-,.2I$,&#<'f2'#"1$2)"&'F*$'.:$)-.'-.?+"L2'.'&-,&#'
.#C$)-&#'($'1.'B"(.'CJ+1").'>,"$>.E')&?&'$1'$c.)-&':*2)"&2.?"$2-&'($'1.'?.F*"2.,".'
$#-.-.1'($+"(&'.1'2&-&,"&':,.).#&'.'1.'8&,.'($'),$.,'*2.'+*,&),.)".E')&?&';.'#$%.16'
M"21$;E ' & ' )&?& ' 1. ' C,H)-"). ' ($ ' ($-$,?"2.(&# ' )*1-&# ' ,$1">"&#&# ' F*$ ' -*B"$,&2 ' *2.'
$2&,?$'"?C&,-.2)".'$2'$1'-,.2#)*,#&'($'#*'8"#-&,".E')&?&'1&#':.?&#&#'?"#-$,"&#'($'
41$*#"#'.')*;&#':"$1$#'1$#'$#-.+.'-$,?"2.2-$?$2-$'C,&8"+"(&'8.+1.,'.1',$#C$)-&<'4#-$'
"?C$2$-,.+1$ ' #"1$2)"& ' F*$ ' ,&($. ' -.2-.# ' ; ' -.2-.# ' .)-"B"(.($# ' ($ ' 1. ' B"(. ' )&-"(".2.'
>,"$>. ' #$ ' 8.)$ ' -&(.BK. ' ?H# ' .>&+".2-$ ' . ' 1. ' B"#-. ' ($ ' *2. ' (&)*?$2-.)"62 ' 1"-$,.,".'
"?C$,:$)-. ' ; ' :,.>?$2-.,".E ' $1.+&,.(. ' $2 ' +*$2. ' C.,-$ ' ($ ' :&,?. ' .,-":")".1 ' ; ' ?*)8&'
-"$?C&'($#C*L#'($'1&#'.)&2-$)"?"$2-&#'F*$'2.,,.<'g#-$'$#'$1').#&'($'1&#'C,&C"&#'
C&$?.#'8&?L,")&#E'$2-,$')*;&'($#)&2&)"(&'.*-&,'&'.*-&,$#';'2&#&-,&#'#$'"2-$,:"$,$'
#"$?C,$'1.'$-$,2.'#&?+,.'($1':"161&>&'.1$I.2(,"2&'0,"#-6:.2$#'($'\"3.2)"&E'&'($'1.#'
)&1$))"&2$#'($'-,.-.(&#',$)&C"1.(&#'C&,'1&#')*"(.(&#'($'.1>J2'("#)KC*1&'C&#-$,"&,E'
)&?&'#*)$($')&2'h"C6),.-$#'&'0,"#-6-$1$#<
D&# ' -$#-"?&2"&# ' ?.-$,".1$# ' -.?C&)& ' ,$#*1-.2 ' . ' ?$2*(& ' ?*)8& ' ?H#'
)&2)1*;$2-$#'$2'$#-$'#$2-"(&<'0C.,-$'($'1&#')&2&)"(&#'C,&+1$?.#'($'"2-$,C,$-.)"62E'
F*$'($I.2 'C$,?.2$2-$?$2-$ '.+"$,-.# '"2:"2"(.('($')*$#-"&2$#E ')&2#$,B.?&# ':,"#&#'
$#)*1-6,")&#'&,">"2.1$#'($'$c)$1$2-$')*.1"(.('F*$'.C$2.#',$#*1-.+.2'B"#"+1$#'.'1&#'
$#C$)-.(&,$#')&2-$?C&,H2$&#E'F*"$2$#E'.'(":$,$2)".'($'1&#'?&($,2&#'B"#"-.2-$#'($'
*2'?*#$&E'F*$'1&#')&2-$?C1.2'.',.#'($'1.'B"#-.';'?.>2K:").?$2-$'"1*?"2.(&#E'#$'
B$K.2 ' &+1">.(&# ' . ' B"#1*?+,., ' #* ' C,$#$2)". ' . ' *2. ' .1-*,. ' )&2#"($,.+1$ ' (&2($ ' 2&'
#"$?C,$'1.'1*3'($#-.).+.'#*#'C$,:"1$#<'h$?&#'C$,("(&'",,$?$(".+1$?$2-$'1.#'>,.2($#'
$#)*1-*,.#'F*$'#*#)"-.+.2'1.'.(?",.)"62';'$1'.#&?+,&'.'C$#.,'($'F*$'C$,?.2$)K.2'

,$)1*"(.# ' $2 ' $1 ' "2-$,"&, ' ($ ' 1&# ' -$?C1&#E ' (&2($ ' ,$"2.+. ' -.?+"L2 ' *2. ' )&2#-.2-$'
C$2*?+,.';'$,.2'?*;'C&)&#'1&#'F*$'-$2K.2'C$,?"-"(.'1.'$2-,.(.E';.'F*$'$1')*1-&'#$'
($#.,,&11.+.'$2'$1'$c-$,"&,<'52)1*#&'2&')&2)*$,(.2'2*$#-,.#'.C,$)".)"&2$#'$#-L-").#'
)&2'1.#'#*;.#E'#"'-$2$?&#'$2')*$2-.'F*$'#*'.,-$'C,$:$,"(&'$,.'1.'C"2-*,.';'2&'1.'
$#)*1-*,.E ' . ' C$#., ' ($ ' F*$ ' 8. ' #"(& ' $#-. ' J1-"?. ' 1. ' F*$ ' 8. ' (&?"2.(& ' $1 ' C.2&,.?.'
)*1-*,.1 ' $*,&C$& ' C&#-$,"&,< ' b.,. ' )&1?&E ' 1&# ' F*$ ' 2&#&-,&# ' )&2#"($,.?&# ' >,.2($#'
.,-"#-.#'$,.2E'($#($'1.'C$,#C$)-"B.'>,"$>.E'F*$'($#C,$)".+.'-&(&'-"C&'($'-,.+.I&')&2'
1.#'?.2&#E'C&)&'?H#'F*$'#"?C1$#'.,-$#.2&#<
41 ' ?*2(& ' >,"$>& ' .C.,$)$ ' -&(.BK. ' $2 ' 1. ' .)-*.1"(.( ' $2B*$1-& ' $2 ' 2*?$,&#&#'
$2">?.#';')&2-,.("))"&2$#<'D.':.?"1".,"(.('.C.,$2-$')&2'#*#':&,?.#'($'C$2#.?"$2-&'
; ' )&2 ' #*# ' ?.2":$#-.)"&2$# ' 1"-$,.,".# ' ; ' .,-K#-").# ' #$ ' F*"$+,. ' . ' ?$2*(& ' )*.2(&'
)&2-$?C1.?&#E'-&(.BK.')&2')"$,-&'.#&?+,&'$'"2),$(*1"(.(E'$1'.*-L2-")&'.#C$)-&'($'
#*# '$#)*1-*,.# ' ; ' -$?C1&# ' C"2-.(&# ' ($ ' )&1&,$# ' )8"11&2$#E ' .#"#-"?&# ' "?CHB"(&#' . ' 1.'
:,$2L-").'("2H?").')&?C$-"-"B.'F*$',$>*1.+.'#*'$c"#-$2)".E'(&2($'#61&')&2-.+.'$1'
8$)8&'($'#$,'$1'C,"?$,&E'&')&?C,&+.?&#'1.#'(":$,$2)".#'($'),"-$,"&'F*$'1$#'8")"$,&2'
($)1.,.,'#"$?C,$'B$2)$(&,'$2'1&#')$,-H?$2$#'(,.?H-")&#'.'*2'.*-&,')&?&'4#F*"1&E'
(":K)"1'($'$2-$2($,'C.,.'2*$#-,.'?$2-.1"(.(E'?"$2-,.#'F*$')&2($2.+.2'.'1.').-$>&,K.'
($ ' $-$,2& ' C$,($(&, ' . ' 4*,KC"($#E ' ?*)8& ' ?H# ' .#$F*"+1$ ' ; ' )$,).2& ' . ' 2*$#-,.'
#$2#"+"1"(.(<'4#'C&#"+1$'F*$'-&(.BK.'#$'2&#',$#$,B$2'.1>*2.#'#&,C,$#.#E')&?&'1&#'
"2-$2#&# ' "2-$,).?+"&# ' )*1-*,.1$# ' $2-,$ ' $1 ' "?C$,"& ' C$,#. ' ; ' 0-$2.# ' . ' C$#., ' ($1'
$#)$2.,"& ' $?"2$2-$?$2-$ ' +$1")"#-. ' F*$ ' #$ ' ($#C,$2($ ' ($ ' 2*$#-,.# ' :*$2-$#E ' & ' 1.#'
-$&,K.#'?H#',$)"$2-$#'F*$')&"2)"($2'$2')&2#"($,.,'.'R6),.-$#E'$1'$-$,2&'8L,&$'($'1.'
-,.(")"62'$*,&C$.E'*2'$1$?$2-&'($'"2$#-.+"1"(.('"?C&,-.2-$'$2'1.'B"(.'($'1.'0-$2.#'($'
#* ' -"$?C&E ' $cC1").2(&E ' .*2F*$ ' 2& ' I*#-":").2(&E ' $2 ' C.,-$ ' 1. ' (,H#-"). ' ($)"#"62 ' ($1'
I*,.(&')&2-$?C&,H2$&'F*$'1&')&2($26<'R$'8.'.C*2-.(&'-.?+"L2'1.'C&#"+"1"(.('($'
F*$'1.#')$,H?").#'C"2-.(.#'2&')&2#-"-*;.2E'$2')&2-,.'($'1.'&C"2"62'-,.(")"&2.1E'*2.'
:&,?. ' ($ ' .,-$E ' #"2& ' F*$ ' #$.2 ' -.2 ' #61& ' 1. ' "?"-.)"62 ' ?H# ' )&,,"$2-$ ' ($ ' 1&#'
)&,,$#C&2("$2-$#'B.#&#'($'?$-.1'8&;'($#.C.,$)"(&#'F*$'$,.2'&+I$-&'($'B.1&,.)"62<'
D&')"$,-&'$#'F*$'1.'B"#"62'($1'?*2(&'>,"$>&'B.').?+".2(&')&2-"2*.?$2-$E';'8$?&#'
($'$#-.,'C,$C.,.(&#'C.,.'.)&>$,')&2'#$,$2"(.(';'.C1&?&'1.#'2*$B.#'$B"($2)".#'&'
"2-$,C,$-.)"&2$#'F*$'.1-$,.2'C&,')&?C1$-&'1.'"?.>$2'-,.(")"&2.1'F*$'8$?&#',$)"+"(&';'
#&+,$'1.'F*$'8$?&#'"(&')&2#-,*;$2(&'2*$#-,.#'C,&C".#'C$,)$C)"&2$#<'41'-,.*?H-")&'
$I$?C1&'($1'$#-$-.'i")-&,".2&'7&82'A*#j"2E'F*$'($#)*+,"6'8&,,&,"3.(&'1.',$.1"(.('($'
1&#'6,>.2&#'#$c*.1$#':$?$2"2&#'$2'#*'2&)8$'($'+&(.#E'$2'.+"$,-&')&2-,.#-$')&2'#*#'
"($.1$#'$#-L-")&#'($1')*$,C&'+.#.(&#'$2'1.'B"#"62'"($.1'($'1.'$#)*1-*,.'>,"$>.E';'8*+&'
($'.2*1.,'#*'?.-,"?&2"&'.').*#.'($'1.'"?C&-$2)".'F*$'1$'C,&B&)6'-.1'($#)*+,"?"$2-&'
($1'B$11&'CJ+")&E')&2#-"-*;$'F*"3H'*2.'"1*#-,.)"62'($?.#".(&'$c.>$,.(.E'C$,&')"$,-.E'
($1')8&F*$'$2-,$'1.'"?.>$2'"($.1';'*2.',$.1"(.('($'1.#')&#.#'+"$2'(":$,$2-$<'k*"3H'
).+$',$:1$c"&2.,'.1',$#C$)-&';'-,.-.,'($'$#-.+1$)$,'.1>*2.#'C.*-.#'$2'$#-$'#$2-"(&'
C.,.'&,"$2-.,2&#'($2-,&'($'$#-$'*2"B$,#&'.I$2&';'.'1.'B$3':.?"1".,'C&,'$1'C$#&'($'-&(.'
*2. ' -,.(")"62 ' )*1-*,.1 ' $*,&C$. ' ($ ' 1. ' F*$ ' -&(.BK. ' #&?&# ' 8$,$($,&#< ' k*"3H ' ).+$'
"2-$2-.,')&?C,$2($,'.1>*2&#'($'1&#'"2-$,,&>.2-$#'F*$'#$'2&#'C1.2-$.2'.'1.'B"#-.'($'
1&#'($#.:K&#',$)"$2-$#'F*$'.?$2.3.2')&2'($#+.2).,'.'1&#'>,"$>&#'($'#*'C&#")"62'
8$>$?62").E'#"-*H2(&1&#'.'1.'.1-*,.'($'&-,.#')*1-*,.#'($'1.'8"#-&,".<'k*"3H')&2B"$2$'
,$C.#.,'1.#'>,.2($#'$-.C.#'.'-,.BL#'($'1.#')*.1$#'1&#'>,"$>&#'8.2'"(&'$I$,)"$2(&'#*'
"2:1*$2)". ' C.,. ' $B.1*., ' )&2 ' 1. ' ($+"(. ' ?$#*,. ' $1 ' )&2I*2-& ' ($#">*.1 ' ($ ' #*#'
.C&,-.)"&2$#';'#*#').,$2)".#<'k*"3H').+$')&2:,&2-.,'.'1&#'>,"$>&#')&2'1.#'#*)$#"B.#'
)*1-*,.#'F*$'1&#'.*C.,&2'.'1.')"?.'($'2*$#-,.#'C,$:$,$2)".#E')&?&':*$'$1').#&'($'

A&?.'&'$1'),"#-".2"#?&E',$)&2&)"L2(&2&#')&?&'8$,$($,&#'"2$B"-.+1$#'($'#*':&,?.'($'
.#"?"1.,'1.')*1-*,.'>,"$>.<'k*"3H'$#'2$)$#.,"&',$)&2&)$,'1.':*2)"62'$#C$)K:").'F*$'1&#'
>,"$>&#'8.2'($#$?C$%.(&'$2'2*$#-,.'8"#-&,".';'B.1&,.,'#*#'C,"2)"C.1$#'-.,I$-.#'($'
C,$#$2-.)"62E')&?&'1.'1$2>*.'&'$1'$2).2-&'F*$'#">*$2'$I$,)"$2(&'.1>*2&#'.#C$)-&#'
($'#*')*1-*,.')&?&'1.'?"-&1&>K.<'k*"3HE'$2'#*?.E'8$?&#'($'8.)$,'*2'$#:*$,3&'($'
)&?C,$2#"62';'$2-$2("?"$2-&'($'1.#'2*$B.#')",)*#-.2)".#'C&)&'C,&C")".#'F*$'2&#'
,&($.2';'#.+$,'.(.C-.,2&#'.'$11.#'C.,.'#&+,$B"B",')&2'1.'(">2"(.('2$)$#.,".'#"-*.2(&'
.'1&#'>,"$>&#'$2'$1'1*>.,'F*$'?$,$)$2E'#"2'#*+$#-"?.,1&#E'C$,&'#"2'#&+,$B.1&,.,1&#E'
#"2'.,,&I.,1&#'#"2'?H#'.1'B$,-$($,&'"?C.#"+1$'($'1.'8"#-&,".E'C$,&'($I.2(&'-.?+"L2'.'
*2'1.(&'1.#'.?C*1&#.#'$'"2I*#-":").(.#',.3&2$#'F*$'C,$-$2($2'.B.1.,'#*'#*C,$?.)K.'
#"2'C,$&)*C.,#$'($'#*'B".+"1"(.(E',$)&2&)"$2(&'2*$#-,.#'($*(.#'C.,.')&2'$11&#'C$,&'
#"2' #$>*", '1&#' C.#&#' ($ '*2. '"?"-.)"62' "?C&#"+1$ ';')&?C1$-.?$2-$ ':*$,. '($' 1*>.,<'
g#-.#'#&2'C,&+.+1$?$2-$'.1>*2.#'($'1.#'?&($#-.#'C,$-$2#"&2$#'.'1.#'F*$'C,$-$2($'
(.,',$#C*$#-.'$#-$'1"+,&<
]&'#$'-,.-.E'C&,'-.2-&E'($'*2'1"+,&'#&+,$'1.'-,.(")"62')1H#").E'2"'#"F*"$,.'$2'#*'
B$,-"$2-$ ' >,"$>.E ' 2" ' #&+,$ ' 1.# ' ?J1-"C1$# ' )*$#-"&2$# ' )&2 ' 1.# ' F*$ ' #$ ' $2-,&2). ' 1.'
B.1&,.)"62 ' ; ' )&2#-,*))"62 ' ($ ' 1. ' "($. ' ($ ' N,$)". ' . ' 1& ' 1.,>& ' ($ ' 1. ' 8"#-&,".E ' .*2F*$'
(")8&# ' -$?.# ' #$ '8.11$2 ' C,$#$2-$# ')&2 ' ?.;&, ' & ' ?$2&, ' "2-$2#"(.( ' $2 ' $1 ' )*,#& ' ($'
$#-.#'CH>"2.#<'T.?C&)&'C,$-$2($?&#')&2:*2(",'&'($#.),.1"3.,'#"2'?H#'1.'"?.>$2'
-,.(")"&2.1'($'1&#'>,"$>&#'F*$'-&(.BK.'"?C$,.'$2'?*)8.#'C$,#&2.#E'#"2&'?H#'+"$2'
?.-"3.,1.'$'"2-$2-.,'.)1.,.,'#*'.*-L2-").'("?$2#"62'8"#-6,").<']&'.#C",.?&#'-.?C&)&'
. ' C,$#$2-., ' 1. ' "?.>$2 ' ($:"2"-"B.?$2-$ ' BH1"(. ' ($ ' 1&# ' >,"$>&# ' :,$2-$ ' . ' -&(.# ' 1.#'
C,$)$($2-$#E')&2#)"$2-$#')&?&'#&?&#'($'1.')&2#-.2-$'?*-.+"1"(.('($'1&#'-"$?C&#';'
($ ' 1. ' .)&?&(.)"62 ' )&2-"2*.(. ' ($ ' 1&# ' $?+1$?.# ' )*1-*,.1$# ' . ' 1.# ' 2$)$#"(.($#'
)&2-$?C&,H2$.#E ' .+"$,-&# ' #"$?C,$ ' .($?H# ' . ' 1. ' ?",.(. ' 2*$B. ' ; ' C$2$-,.2-$ ' F*$'
.C1"). ' 2*$B&# ' ),"-$,"&# ' ; ' +*#). ' (., ' #.1"(. ' -.?+"L2 ' . ' 2*$B&# ' "2-$,,&>.2-$#< ' ]&#'
)&2:&,?.?&#')&2')&2-,"+*",'$2'2*$#-,.'?&($#-.'?$("(.'.'C,&:*2("3.,'$2'*2'($+.-$'
"?C,$#)"2("+1$ ' .)$,). ' ($ ' 2*$#-,. ' ,$1.)"62 ' )&2 ' 1&# ' >,"$>&#E ' )&?& ' C.#.(&'
",,$)*C$,.+1$'F*$'#&2E';'#&+,$'1.#',.3&2$#'?H#'&'?$2&#')&2B"2)$2-$#'F*$'C*$($2'
I*#-":").,'#*'C,$#$2)".'$2-,$'2&#&-,&#E')&2-,"+*;$2(&'.'($#-.).,'#*'-.2'($2&#-.(.'
"2*-"1"(.('#&)".1';'.',$#.1-.,'$1'C.C$1'($'1&#'$#C$)".1"#-.#'.'1.'8&,.'($'-,.#?"-",'.'1.'
#&)"$(.('1&#',$#*1-.(&#'($'$#-$'.C.#"&2.2-$'C,&)$#&<
!$+&E':"2.1?$2-$E'($I.,')&2#-.2)".'($'1&#'.>,.($)"?"$2-&#'($+"(&#E'$2'C,"?$,'
1*>., ' . ' 1. ' $("-&,.E ' a.,?$2 ' a,".(&E ' F*$ ' 8. ' #.+"(& ' $#C$,., ' C.)"$2-$?$2-$ ' #"2'
C,$#"&2$# ' 2" ' ,$C,&)8$# ' 1. ' -.,(.23. ' $2 ' 1. ' $2-,$>. ' ($ ' *2 ' C,&;$)-& ' 1.,>& ' -"$?C&'
,$-,.#.(&E'.'02-&2"&'N*3?H2E'.#$#&,'I*")"&#&';'$:").3E'.($?H#'($'.?">&E'#"$?C,$'
("#C*$#-&'.'.2"?.,?$'$2'1.'C,&#$)*)"62'($1'$2B"-$')&2'$1'?H#'#"2)$,&'.C&;&E'.1'
#$,B")"&'($'C,L#-.?&#'($'1.'\"+1"&-$).'($'1.'f2"B$,#"(.('($'01).1HE')&2),$-.(&'$2'1.'
C$,#&2. ' ($ ' A&#. ' N.11$>&E ' #"$?C,$ ' .-$2-. '. ' (., ' C,&2-& '-,H?"-$ ' . ' ?"# ')&2#-.2-$#'
C$-")"&2$#'($'?.-$,".1E';'$2'C.,-")*1.,'.'-&(&#'.F*$11&#'F*$'?$'8.2'.>*.2-.(&'$2'$1'
1.,>& ' C,&)$#& ' ($ ' $1.+&,.)"62 ' ; ' ,$(.))"62E ' (*,.2-$ ' $1 ' )*.1 ' 1. ' C.)"$2)". ' ; ' 1.'
)&,(".1"(.('2&'8.2'#"(&'#"$?C,$'1.'2&,?.'($')&?C&,-.?"$2-&'($'F*"$2',$(.)-.'$#-.#'
CH>"2.#<

01).1H'($'h$2.,$#E':$+,$,&'($'OPPQ

&

41'S$("-$,,H2$&';'e,"$2-$'b,6c"?&

'

+,-.'/$'$-'0'")#%()'$

!"#$%&'(')*+',"%#,*+

N,$)".'2&':*$'2*2).'$2'1.'02-">l$(.('*2'$#-.(&'C&1K-")&'*2"-.,"&'.'1.'?.2$,.'
($'&-,.#')"B"1"3.)"&2$#'F*$':&,?.,&2'"?C$,"&#')&?&'$1'.#","&E'$1'C$,#.'&'$1',&?.2&<']"'
#"F*"$,.'1.')"*(.('($'0-$2.#E'F*$'$?$,>$')&?&'C,&-.>&2"#-.'C,"B"1$>".(&'_;'8.#-.'
-.,(K&_'($'2*$#-,.'(&)*?$2-.)"62')&2'#*'"?C&2$2-$'.),6C&1"#';'#*':1&,$)"$2-$'B"(.'
"2-$1$)-*.1 ' ; ' .,-K#-").E ' -*B& ' 2*2). ' $1 ' $#-.-*# ' ($ ' ).C"-.1 ' )&?& ' #K ' 1& ' -*B"$,&2 ' &-,.#'
)"*(.($# ' ($ ' 1. ' 02-">l$(.( ' )&?& ' \.+"1&2".E ' a.,-.>& ' & ' 1. ' C,&C". ' A&?.< ' R*'
8$>$?&2K.'"2("#)*-"+1$'$2'$1'-$,,$2&')*1-*,.1 'B"$2$'($-$,?"2.(.'C&,'$1'.3.,'($'1.'
-,.(")"62E ' F*$ ' 8. ' )&2#$,B.(& ' :*2(.?$2-.1?$2-$ ' #*# ' -$#-"?&2"&# ' 1"-$,.,"&# ' $2'
($-,"?$2-&'($'&-,&#'$#-.(&#E';'#*'C.C$1'8"#-6,")&'.'1.').+$3.'($'*2'"?C$,"&'?.,K-"?&'
.'?$(".(&#'($1'#">1& 'i'.<aE'F*$'1.'#"-*6'$2'$1'C,"?$, 'C1.2& '($'1.'C&1K-").'>,"$>.'
(*,.2-$'*2'C$,K&(&'($'-"$?C&'($)"#"B&';'F*$'8.'?.,).(&'1.'C.*-.'($'1.'8"#-&,".'($'
N,$)".'C.,.'-&(.'1.'8"#-&,"&>,.:K.E'.2-">*.';'?&($,2.E'C&#-$,"&,<'e-,&#'$#-.(&#':*$,&2'
$2'#*'(K.'-.2'"?C&,-.2-$#')&?&'0-$2.#<'0,>&#E'C&,'$I$?C1&E':">*,.+.'.'1.').+$3.'($'
1.#'>$2$.1&>K.#'?K-").#'>,"$>.#';':*$'#"$?C,$'$1'$2$?">&'.'+.-",'C&,'4#C.,-.'$2'#*'
1*)8.'C&,'1.'8$>$?&2K.'($2-,&'($1'b$1&C&2$#&<'a&,"2-&'.1).236'*2.'$2&,?$'C*I.23.'
)&?$,)".1';'#$'$,">"6'$2'*2'.*-L2-")&'"?C$,"&'?.,K-"?&'.'I*3>.,'C&,'1.'$c-$2#"62'F*$'
.1).23.,&2 ' #*# ' "2)&2:*2("+1$# ' )$,H?").# ' C&, ' -&(& ' $1 ' S$("-$,,H2$&< ' D. ' ;.'
?$2)"&2.(.'4#C.,-.'#$'#"-*6'C,&2-&'$2'1.')J#C"($'($1'C&($,K&'?"1"-.,')&2'*2'$IL,)"-&'
+"$2 ' &,>.2"3.(& ' ; ' ("#)"C1"2.(& ' F*$ ' ,$C,$#$2-6 ' *2. ' #$,". ' .?$2.3. ' ; ' . ' B$)$# ' *2'
&+#-H)*1& ' "2#.1B.+1$ ' C.,. ' 1&# ' "2-$,$#$# ' ($ ' 0-$2.#< ' R"2 ' $?+.,>&E ' *2&# ' ; ' &-,&#'
F*$(.,&2',$1$>.(&#').#"'.1'&1B"(&'C&,'1.#')",)*2#-.2)".#'.2-$(")8.#E'($#:">*,.2(&'
.#K'C&,')&?C1$-&'$1'C.2&,.?.'8"#-6,")&'($'*2'?*2(&'>,"$>&'?*)8&'?H#')&?C1$I&';'
("B$,#":").(& ' ($ ' 1& ' F*$ ' 1. ' .C.,$2-$ ' #*C,$?.)K. ' "2("#)*-"+1$ ' ($ '0-$2.# ' 2&# ' ($I.'
.("B"2.,<
D. ' $c"#-$2)". ' ($ ' N,$)". ' )&?& ' -.1 ' F*$(. ' "2)1*#& ' ($#).,-.(. ' $2 ' $1 ' #"?C1$'
-$,,$2&'-$,?"2&16>")&<'D&#'>,"$>&#'2&'*-"1"3.,&2'2*2).'C.,.'($2&?"2.,#$'.'#K'?"#?&#'
($':&,?.'>$2L,").'(")8&'-L,?"2&E'N,$)".E'F*$'$#'($'&,">$2',&?.2&'$'8"3&':&,-*2.'$2'
e))"($2-$<'42'#*'1*>.,'*-"1"3.,&2E';'*-"1"3.2'-&(.BK.E'1.'C.1.+,.'hL1.($E'F*$'($:"2K.'

?H#'+"$2'*2.')&?*2"(.(')*1-*,.1'F*$'*2.'$2-"(.('-$,,"-&,".1';'C&1K-").E'*2'C&)&'.'1.'
?.2$,.')&?&'#$'8.+1.+.'($'1.'a,"#-".2(.('$2'$1'?*2(&'?$("$B.1'&'($1'5#1.?'$2'1.'
.)-*.1"(.(<'4#-$')&2)$C-&E'F*$'#$'8.')&2#$,B.(&'8.#-.'2*$#-,&#'(K.#'$2'$1'2&?+,$'
($1'$#-.(&'>,"$>&'?&($,2&E'2&'.+.,).+.'$2'1.'02-">l$(.('*2&#'1K?"-$#'-$,,"-&,".1$#'
+"$2'($:"2"(&#<'b&,'C,"2)"C"&'"2)1*K.'1.#',$>"&2$#'(&2($'8.+"-.+.2'-&(&#'.F*$11&#'F*$'
8.+1.+.2'>,"$>&';'C,.)-").+.2'*2.':&,?.'($'B"(.'+"$2',$)&2&)"+1$'.'-,.BL#'($'#*#'
,"-&#',$1">"&#&#';'($'#*#')&#-*?+,$#'?H#').,.)-$,K#-").#E'.+.,).2(&'($2-,&'($'$#-$'
).?C&'>$2L,")&'-.2-&'.'1&#'F*$'#$'8.11.+.2'"2#-.1.(&#'($#($'.2-">*&'$2'1.'C$2K2#*1.'
+.1)H2").';'1.#'"#1.#'.(;.)$2-$#'($1'4>$&')&?&'.'1.#')&?*2"(.($#'?H#'("#C$,#.#'
F*$'I.1&2.+.2').#"'-&(.#'1.#',"+$,.#'?$("-$,,H2$.#';'*2.'+*$2.'C.,-$'($'1.#')&#-.#'
($1'?.,']$>,&<
D&#'>,"$>&#'#$'$c-$2(K.2E'$:$)-"B.?$2-$E'C&,'2*?$,&#&#'C*2-&#'($'1.')*$2).'
?$("-$,,H2$.E'($#($'0?C*,".#'$2'1.')&#-.').-.1.2.'8.#-.'1&#')&2:"2$#'($1'?.,']$>,&'
$2'1.'3&2.'($'1.'.)-*.1'N$&,>".<'!$#($'?*;'-$?C,.2&'8*+&'>,"$>&#'"2#-.1.(&#'$2'1.#'
)&#-.#'($'0#".'S$2&,E'$2'1.'C$2K2#*1.'F*$'&)*C.'1.'.)-*.1'T*,F*K.E'C&#"+1$?$2-$'
($#($'1&#'"2")"&#'($1'C,"?$,'?"1$2"&'.<a<'4,.2')&?*2"(.($#',$1.-"B.?$2-$'C,6#C$,.#'
F*$'.1).23.,&2'?*;'C,&2-&'*2'>,.2'($#.,,&11&'$)&26?")&';')*1-*,.1'F*$'#*C$,6')&2'
),$)$#'1&#'-K?"(&#'+.1+*)$&#'($'1.#')"*(.($#'($1')&2-"2$2-$'C,&C".?$2-$'8$1L2")&E'
F*$'-.,(.,&2'-&(.BK.'.1>J2'-"$?C&'$2'.1).23.,'$1'2"B$1'($'.F*L11.#E'.C,&B$)8.2(&'
#"2'(*(.'$1'($)1"B$'C,&(*)"(&'$2'?*)8.#'($'$11.#'C&,'$1'"2)&2-$2"+1$'.B.2)$'($1'
"?C$,"& ' C$,#. ' . ' :"2.1$# ' ($1 ' #">1& ' i5 ' .<a< ' a"*(.($# ' )&?& ' g:$#&E ' S"1$-&E ' a&1&:62E'
4#?",2.'&'b,"$2$':*$,&2'1.')*2.'($'1&#'C,"2)"C.1$#'>L2$,&#'1"-$,.,"&#'>,"$>&#')&?&'1.'
LC").E'#*,>"(.'#$>*,.?$2-$'$2'$#-$')&2-$c-&E'1.'1K,").E'1.'8"#-&,".';'1.':"1&#&:K.<'0'C.,-",'
($'?$(".(&#'($1'#">1&'i555'.<a<'1&#'$#-.+1$)"?"$2-&#'>,"$>&#'#$'?*1-"C1").,&2'-.?+"L2'
$2',$>"&2$#')&?&'$1'#*,'($'1.'C$2K2#*1.'"-H1").';'R")"1".E'(&2($'#$'$,">"$,&2')"*(.($#'
:1&,$)"$2-$# ' )&?& ' R",.)*#.E ' 0),.>.2-$E ' a,&-&2. ' & ' S$-.C&2-& ' F*$ ' .1+$,>.,&2'
-.?+"L2'"?C&,-.2-$#'?&B"?"$2-&#')*1-*,.1$#E')&?&'.1>*2.#'$#)*$1.#'?L(").#'&'$1'
C"-.>&,"#?&<'D.#'"?C&2$2-$#',*"2.#'($'1&#'-$?C1&#'*+").(&#'$2')*.1F*"$,.'($'$#-.#'
(&#'3&2.#'"1*#-,.2'($':&,?.')1.,.'1.'C*I.23.'.1).23.(.'C&,'1&#'>,"$>&#'F*$'8.+"-.,&2'
$#-.# ' ,$>"&2$#E ' ($I.2(& ' $2 ' *2 ' C1.2& ' ?*)8& ' ?H# ' ?&($#-& ' 1&# ' ,$#-&# ' ?.-$,".1$#'
?$2&#'>$2$,&#&#'($1'B"$I&'?*2(&')&2-"2$2-.1<'M*$,.'($1')&2-"2$2-$'8$1L2")&';'($'1.#'
,$>"&2$# '?$2)"&2.(.#E'8.+K.'-.?+"L2'"?C&,-.2-$#')&?*2"(.($#'>,"$>.#E')&?& '1.'
.)-*.1'S.,#$11.'$2'$1'#*,'($'M,.2)".'&'a",$2$'$2'1.')&#-.'2&,-$.:,").2.E')$,).'($'1.'
.)-*.1'\$2>.#"'$2'D"+".E')*;.'+,"11.2-$'8"#-&,".'#61&'C&($?&#'.-"#+.,'.'-,.BL#'($'1&#'
-$#-"?&2"&#'("#C$,#&#')&2'F*$')&2-.?&#<']&'#$'-,.-6'$2'?&(&'.1>*2&'($'*2'"?C$,"&'
)&1&2".1 '$c-$2("(& 'F*$'C,&>,$#.+. '.1 '.?C.,& '($ '*2.'?$-,6C&1"#'C&($,&#.';'+"$2'
&,>.2"3.(.'F*$'$2B".+.'.'1&#'2*$B&#'$?C1.3.?"$2-&#'.'.1>*2&#'($'1&#'?H#'"1*#-,$#'
?"$?+,&# ' ($ ' 1. 'L1"-$ ' (",">$2-$ ' .' 8.)$, '#*# ').,,$,.#E ')&?& '#*)$("6 '$2 '$1 ' "?C$,"&'
+,"-H2")&< ' a.(. ' *2. ' ($ ' $#-.# ' )"*(.($# ' )&2-,&1.+. ' #* ' C,&C"& ' -$,,"-&,"& ' ; ' $,.'
$c-,$?.(.?$2-$')$1&#.'($'#*'C,&C".'.*-&2&?K.'C&1K-").<'a&2'"2($C$2($2)".'($'1&#'
BK2)*1&# ' -,.(")"&2.1$# ' $#-.+1$)"(&# ' )&2 ' #*# ' )&?*2"(.($# ' ($ ' &,">$2E ' 1&# ' 2*$B&#'
$?C1.3.?"$2-&#'.(F*","$,&2'$2'#$>*"(.'#*'C,&C".'?"-&1&>K.'($':*2(.)"62E'.#&)".2(&'
$1'2&?+,$'($'1.'2*$B.':*2(.)"62'.'.1>*2.'($'1.#'>$#-.#',$.1"3.(.#'$2'$1')*,#&'($'1&#'
C$,"C1&# ' &))"($2-.1$# ' C&, ' 1&# ' >,.2($# ' 8L,&$# ' >,"$>&# ' )&?& ' f1"#$#E ' h$,.)1$# ' &'
b$,#$&<'D&#'"2-$2-&#'C&,'),$.,'*2'"?C$,"&',$#*1-.,&2'B.2&#'-.2-&'C&,'C.,-$'($'a&,"2-&'
)&?&' ($ '0-$2.#E '1.#'(&#' >,.2($# 'C&-$2)".# ')&?$,)".1$# '>,"$>.#' ($ '1&#'C$,K&(&#'
.,).")&';')1H#")&'($'1.'8"#-&,".'>,"$>.<'0-$2.#E'F*$'>&+$,26'$1'4>$&')&2'?.2&'(*,.'
(*,.2-$ ' *2 ' .?C1"& ' C$,K&(& ' ($1 ' #">1& ' i ' .<aE ' 2*2). ' 11$>6 ' . ' )&2-,&1., ' 1.# ' ,$>"&2$#'

)*

*1-,.?.,"2.#E';')*.2(&'1&'"2-$2-6'#*:,"6'$1'?H#'$#-,$C"-&#&'($'1&#':,.).#&#')&2'#*'
$cC$(")"62'.'R")"1".'$2'$1'.%&'^UV'.<a<
N,"$>&# ' $,.2 ' -.?+"L2 ' 1&# ' 8.+"-.2-$# ' ($ ' 1.# ' ,$>"&2$# ' )&2-"2$2-.1$#'
.C.,$2-$?$2-$'?H#'.-,.#.(.#')&?&'$1'4C",&E'T$#.1".E'4-&1".E'D6),"($'&'0).,2.2".E'$2'
1.#'F*$'1.')"*(.('=1.'C&1"#@'2&'$,.'$1')$2-,&'C&1K-")&':*2(.?$2-.1'($'#*'$#-,*)-*,.'
C&1K-")&m#&)".1<'41'($#)&2&)"?"$2-&'($'#*'8"#-&,".E',$(*)"(.').#"'$#-,")-.?$2-$'.'1.#'
?$2)"&2$#';'.1*#"&2$#'F*$'.C.,$)$2'$2'1&#'8"#-&,".(&,$#')1H#")&#')*.2(&'$2-,.,&2'
($'.1>*2.'?.2$,.'$2'1.'6,+"-.'C&1K-").'($'1&#'>,.2($#'$#-.(&#')&?&'0-$2.#E';'$1'
C$#& ' )&2#"($,.+1$?$2-$ ' ?$2&, ' F*$ ' 8.2 ' $I$,)"(& ' $2 ' 1. ' -,.(")"62 ' C&#-$,"&, ' 8.2'
.).+.(& ' ,$1$>H2(&1.# ' . ' *2 ' C1.2& ' #$)*2(.,"& ' ($ ' 1. ' 8"#-&,". ' >,"$>.< ' 52)1*#& ' #*'
C$,-$2$2)".'($'C1$2&'($,$)8&'.'1.')&?*2"(.('8$1L2").'2&':*$'#"$?C,$',$)&2&)"(.'($'
?.2$,.'*2H2"?$<'D&#'C,&C"&#'>,"$>&#'F*$'8.2')&2#-,*"(&'2*$#-,.'B"#"62'($1'C.#.(&E'
$#'($)",E':*2(.?$2-.1?$2-$'1&#'"2-$1$)-*.1$#'($'0-$2.#E'2&'.(?"-K.2'($'+*$2.'>.2.'
($2-,& ' ($ ' 1. ' hL1.($ ' . ' *2&# ' C*$+1&# ' F*$ ' C,$#$2-.+.2 ' *2.# ' ).,.)-$,K#-").# ' .1>&'
(":$,$2)".(.#'($'1&#'$#F*$?.#'-,.(")"&2.1$#'.(?"-"(&#'$2'1&#'$#-.(&#'($'1.'N,$)".'
)$2-,.1 ' ; ' ($1 ' #*,E ' $2 ' )*;. ' $)&2&?K. ' 1. ' .>,")*1-*,. ' ($#$?C$%.+. ' $1 ' C.C$1'
C,$C&2($,.2-$<'R*'1$2>*.E')&2#"($,.(.'.'B$)$#'"2"2-$1">"+1$E'#*':&,?.'($'B"(.'$2'
.1($.# ' :&,-":").(.# ' & ' 1.# ' )&#-*?+,$# ' C,"?"-"B.# ' ($ ' #*# ' 8.+"-.2-$#E ' F*$ ' C&,-.+.2'
#"$?C,$'.,?.#')&2#">&';'C,.)-").+.2'1.'C",.-$,K.'&'$1'+.2("(.I$E')&2#-"-*K.2'($#($'1.'
6C-").'($'1.#'#&)"$(.($#'*,+.2.#'$#-.+1$)"(.#'$2'$1')$2-,&';'#*,'($'1.'C$2K2#*1.'
*2&#',.#>&#'?H#'F*$'("#)*-"+1$#'C.,.'#$,')&2#"($,.(&#'$2'C1.2&'($'">*.1(.(')&2'
$11&#< ' 4#-$ ' ).,H)-$, ' .I$2& ' . ' 1& ' >,"$>& ' ($ ' 1.# ' ,$>"&2$# ' ?H# ' #$C-$2-,"&2.1$# ' ;'
&))"($2-.1$#'($'1.'C$2K2#*1.'>,"$>.'#$'C1.#?6'"2)1*#&'$2'$1'-$,,$2&'($'1.'>$&>,.:K.E'
;. ' F*$ ' .*-&,$# ' ($1 ' #">1& ' 5i ' .<aE ' )&?& ' $1 ' 8"#-&,".(&, ' g:&,&E ' )&2#"($,.+.2 ' F*$ ' $1'
-$,,"-&,"& ' C,&C".?$2-$ ' >,"$>& ' )&?$23.+. ' .1 ' #*, ' ($ ' 0).,2.2". ' C&, ' &))"($2-$ ' ;'
)*1?"2.+.'C&,'&,"$2-$'$2'$1'B.11$'($1'T$?C$E'#"-*.(&'$2'1.',$>"62'($'T$#.1".<
D.'*2"(.('($'1.'hL1.($E')"?$2-.(.'#$>J2'*2')L1$+,$'C.#.I$'($'1.#'8"#-&,".#'
($'h$,6(&-&'$2'1.')&?*2"(.('($'#.2>,$E'1$2>*.E',$1">"62';')&#-*?+,$#E'.C.,$)K.'$2'
1. ' ,$.1"(.( ' 8"#-6,"). ' ?*)8& ' ?$2&# ' )&2#"#-$2-$ ' ($ ' 1& ' F*$ ' #$ ' C,$-$2(K. ' ($#($'
C$,#C$)-"B.#'"($&16>").#';'C,&C.>.2("#-.#<'41'>,"$>&E'.'(":$,$2)".'($1'1.-K2E'2&'$,.'
*2. ' 1$2>*. ' *2"-.,".E ' #"2& ' F*$ ' C,$#$2-.+. ' (":$,$2-$# ' B.,"$(.($# ' (".1$)-.1$#< ' D.#'
(":$,$2)".# ' ($ ' ).,H)-$, ' :&2L-")& ' ; ' ?&,:&16>")& ' $2-,$ ' .1>*2&# ' (".1$)-&# ' $,.2'
)&2#"($,.+1$#E';'$#'?*;'C&#"+1$'F*$'$2'.1>*2&#').#&#'$c"#-"$,.2')"$,-.#'(":")*1-.($#'
C.,.'1.')&?*2").)"62<'!".1$)-&#')&?&'$1'$-&1"&E'8.+1.(&'$2'1.',$>"62'?&2-.%&#.'F*$'
#$'$c-"$2($'.1'&-,&'1.(&'($1'b$1&C&2$#&'$2'1.'3&2.'&))"($2-.1'($1')&2-"2$2-$E'$,.'
)&2#"($,.(&'C&,'$1'8"#-&,".(&,'T*)K("($#'*2.'1$2>*.'",,$)&2&)"+1$'C.,.'*2'.-$2"$2#$'
($1'#">1&'i'.<a<'f2.')&2#"($,.)"62'#"?"1.,'.C.,$)$'-.?+"L2'$2'4*,KC"($#E'F*$'-"1(.'
($'1$2>*.'+H,+.,.'$1'8.+1.'($'1&#'$-&1"&#<'T.?C&)&'1.'#"2>*1.,"(.(';'B.,"$(.('($'1&#'
.1:.+$-&# ' 1&).1$# ' )&2 ' #*# ' C$)*1".,"(.($# ' ("#-"2-"B.# ' :.B&,$)K. ' C,$)"#.?$2-$ ' 1.'
#$2#.)"62'($'8&?&>$2$"(.('$2'$1').?C&'($'1.'$#),"-*,.<'!&#'"2(")"&#'$B"($2-$#'($'
$#-. ' ("#C.,"(.( ' 1"2>lK#-"). ' #&2 ' 1. ' C,&C". ' )&?C&#")"62 ' ($ ' 1&# ' C&$?.# ' 8&?L,")&#E'
F*"3H'*2&'($'1&#'.*-L2-")&#'C*2-.1$#'($'1.'*2"(.(')*1-*,.1'8$1L2").E'$2'*2'(".1$)-&'
)&?C1$-.?$2-$'.,-":")".1'F*$'2&'#$')&,,$#C&2(K.'$2'1.'C,H)-").')&2'$1'($'2"2>*2.'($'
1.# ' (":$,$2-$# ' H,$.# ' (".1$)-.1$# ' F*$ ' )&2:&,?.+.2 ' $1 ' C.2&,.?. ' >,"$>&E ' ; ' 1.'
$?$,>$2)".'($'*2.'1$2>*.')&?J2'*2":").(.'=1.'($2&?"2.(.'7'%28@'.':"2.1$#'($1'#">1&'
5i'.<aE'$2'*2&#'?&?$2-&#'$2'1&#'F*$'$1'?*2(&'>,"$>&'$?C$3.+.'.'.1).23.,'*2.'
)"$,-.'*2"(.(')*1-*,.1';'$)&26?").<'0?+.#'?$("(.#',$B$1.2'1.'"?C$,"&#.'2$)$#"(.('

))

($ ' "?C1.2-., ' *2. ' :&,?. ' ($ ' )&?*2").)"62 ' >$2$,.1"3.(. ' ).C.3 ' ($ ' #*C$,., ' 1.#'
(":$,$2)".#'$c"#-$2-$#';'($':.)"1"-.,'1&#')&2-.)-&#'$'"2-$,).?+"&#'($'-&(.'K2(&1$<
D.#'(":$,$2)".#'(".1$)-.1$#'#$C.,.+.2'$1'?*2(&'>,"$>&'$2'.1'?$2&#')*.-,&'
>,*C&# ' +"$2 ' ("#-"2-&# ' )&?& ' $,.2 ' $1 ' I&2"&E ' $1 ' (&,"&E ' $1 ' $&1"& ' ; ' $1 ' .,).("&m)8"C,"&-.E'
($#">*.1?$2-$',$C.,-"(&#'C&,'-&(.'1.'"?C,$)"#.'>$&>,.:K.'>,"$>.<'0#KE'8.+1.+.2'$1'
(".1$)-&'I&2"&'1&#'8.+"-.2-$#'($'1.')&#-.')$2-,.1'($'0#".'S$2&,'I*2-&')&2'1&#'($1'n-").'
;'1.'?.;&,K.'($'1.#'"#1.#E'.'C$#.,'($'$#-.,'#$C.,.(&#'C&,'$1'?.,<'41'$&1"&'#$'8.+1.+.'
$2'\$&)".E',$>"62'B$)"2.'($1'n-").E'$2'T$#.1".E'.1'2&,-$'($1')&2-"2$2-$E';'$2'1.'C.,-$'
#$C-$2-,"&2.1 ' ($ ' 1. ' )&#-. ' .2.-61").< ' 41 ' (&,"& ' $,. ' $1 ' (".1$)-& ' "?C$,.2-$ ' $2 ' $1'
b$1&C&2$#&E ' $2 ' .1>*2.# ' "#1.# ' "?C&,-.2-$# ' )&?& ' A&(.# ' ; ' a,$-. ' ; ' $2 ' 1. ' ,$>"62'
?$,"("&2.1 ' ($ ' 1. ' )&#-. ' ?"2&,.#"H-").< ' A$1.)"&2.(& ' )&2 ' $#-$ ' J1-"?& ' #$ ' 8.11.+. ' *2'
>,*C&'($'(".1$)-&#'8.+1.(&#'$2'1.#',$>"&2$#'($1'2&,&$#-$'($'1.'C$2K2#*1.'+.1)H2").'
)&?&'$1'$-&1"&E'$1'.).,2.2"&'&'$1'1&),"&<'b&,'J1-"?&E'$1'.,).("&m)8"C,"&-.')&2#-"-*K.'*2'
).#&'$I$?C1.,'($'$#-.'("#C$,#"62E';.'F*$')&?C.,-K.2'(".1$)-&'1.',$>"62')$2-,.1'($1'
b$1&C&2$#&E'."#1.(.'($1'?.,E';'*2.'"#1.')&?&'a8"C,$E'F*$')&2#-"-*K.'.'#*'B$3'*2'
B$,(.($,&'),"#&1'($')*1-*,.#'C&,'1.'C,$#$2)".'($'>$2-$#'C,&)$($2-$#'($'e,"$2-$';'($'
1.#')&#-.#'#","&mC.1$#-"2.#'F*$'#$'8.+K.2'"2#-.1.(&'.11K'($#($'-"$?C&#',$?&-&#<
4#-.'("B$,#"(.('1"2>lK#-").'$2)*+,K.'F*"3H'.1>J2'-"C&'($'(":$,$2)".)"62'L-2").'
&,">"2.1E'C&#"+1$?$2-$'2&'?*;'#">2":").-"B.'$2'$1'($#.,,&11&'$:$)-"B&'($'1.'("2H?").'
8"#-6,").'C$,&'F*$'8.'($I.(&'#*#'8*$11.#'$2'1.'-,.(")"62'C&#-$,"&,'$2':&,?.'($'*2.'
)&2:,&2-.)"62 ' C$,?.2$2-$ ' $2-,$ ' I&2"&# ' ; ' (&,"&#E ' )&2#"($,.(&# ' 1&# ' (&# ' $1$?$2-&#'
?H# ' .)-"B&# ' ($ ' -&(. ' 1. ' 8"#-&,". ' ($ ' 1. ' N,$)". ' .2-">*.< ' R*# ' .(.1"($# ' ,$#C$)-"B&#E'
0-$2.# ' ; ' 4#C.,-.E ' ).C"-.1"3.,&2 ' $#-$ ' C,&-.>&2"#?&E ' $#C$)".1?$2-$ ' . ' 1& ' 1.,>& ' ($1'
C$,K&(& ' )1H#")&E ' ; ' *-"1"3.,&2 ' ($ ' :&,?. ' 2&-&,". ' (")8.# ' ).-$>&,K.# ' $2 ' #* ' ?*-*&'
$2:,$2-.?"$2-&E'-.2-&'.'2"B$1'C,&C.>.2(K#-")&')&?&'$2'$1')&?C&,-.?"$2-&'C,H)-")&'
F*$ ' #$ ' ($,"B.+. ' ($ ' 1. ' .#*2)"62 ' ?H# ' & ' ?$2&# ' )&2#)"$2-$ ' ($ ' $#-. ' )1.#$ ' ($'
$#-$,$&-"C&#<'T*)K("($#'#$%.1.'1.'CL,("(.'($'*2.'+.-.11.'C&,'C.,-$'($'1&#'.,>"B&#E'($'
,$)&2&)"(.'.#)$2($2)".'(&,".';')&2:".(&#'$2'$c)$#&'$2'1.#'C,$,,&>.-"B.#'F*$'#$'
($,"B.+.2'($'(")8.')&2(")"62E'C&,'8.+$,'"2:,.B.1&,.(&'.'#*#'&C&2$2-$#'I&2"&#E'F*$'
#&+,$ '$1 ' C.C$1 ' .1 '?$2&# ' 2& ' ($+K.2 ' 8.+$, ' ,$C,$#$2-.(& ' 2"2>J2 ' #$,"& ' ($#.:K&<' D.'
C,$#$2)". ' .)-"B. ' ($ ' $#-. ' )1.#$ ' ($ ' ?&-"B.)"&2$# ' $2 ' 1. ' 8"#-&,". ' >,"$>. ' .2-">*. ' :*$'
-$2.3?$2-$ ' ,$)8.3.(. ' C&, ' $1 ' 8"#-&,".(&, ' :,.2)L# ' g(&*.,( ' o"11E ' ?.$#-,& ' #"$?C,$'
+,"11.2-$ '($'8$1$2"#-.# '%2#/%(9' ;'$2'1.'("#-.2)".E 'F*$'#$'?&#-,.+.'I*#-":").(.?$2-$'
-$?$,&#&'($'#*#'(&1&,&#.#'"?C1").)"&2$#'?H#',$)"$2-$#<'R"2'$?+.,>&E'*2.'1$)-*,.'
?"2*)"&#.'($'1&#'-$#-"?&2"&#'("#C&2"+1$#'C.,$)$'C&2$,'($'?.2":"$#-&'1.'"?C&,-.2)".'
($'$#-&#'?$).2"#?&#'.'1.'8&,.'($'.)-*.,'#&+,$'1.'"?.>"2.)"62')&1$)-"B.E'.*2F*$'
2*2).'11$>.,&2'.'.1).23.,'1.#'("?$2#"&2$#'p,.)"#-.#q'($'-"$?C&#'?H#',$)"$2-$#<'D.'
"($2-"(.('&,">"2.1'($1'C*$+1&'>,"$>&'#&+,$'+.#$#'L-2").#'F*$(.'.#K'-.?+"L2'C*$#-.'
$2'$2-,$(")8&'C&,'*2.',$.1"(.('?H#'-&3*(.';',$+$1($'F*$'1&#'"2-$2-&#'*2":&,?.(&,$#'
,$.1"3.(&#'#"2'(*(.'($#($'*2.'C$,#C$)-"B.'"2-$,$#.(.<
D.'*2"(.('C&1K-").'>,"$>.':*$'*2'&+I$-"B&')&?C1$-.?$2-$'",,$.1"3.+1$'F*$'#61&'
#$'11$B6'.'$:$)-&'+.I&'1.'"?C&#")"62'($'1&#')&2F*"#-.(&,$#E')&?&'1&#'?.)$(&2"&#'
C,"?$,&';'1&#',&?.2&#'($#C*L#<'41'"($.1'C.28$1L2")&'C.,$)$'8.+$,'$#-.(&'.*#$2-$'
($ ' 1. ' )&2)"$2)". ' >,"$>. ' #.1B& ' $2 ' $#-. ' )1.#$ ' ($ ' )",)*2#-.2)".# ' ($#:.B&,.+1$# 'F*$'
.?$2.3.+.2'1.'"2($C$2($2)".';'.*-&2&?K.'($'1&#'(":$,$2-$#'$#-.(&#'>,"$>&#<'b$,&'
"2)1*#&'$2'$#-&#'?&?$2-&#'($'"2)$,-"(*?+,$E'$,.2'?*)8&#'?H#'1&#'F*$'.+&>.+.2'
C&,'$1'?.2-$2"?"$2-&'($'1.'C&1K-").'"2($C$2("$2-$'($'1.#',$#C$)-"B.#')&?*2"(.($#'
8$1L2").#E'.*2'.#*?"$2(&'$1')&#-$'($1'#&?$-"?"$2-&'-$?C&,.1'.1'$2$?">&'$c-$,"&,E'

)!

F*$'1&#'F*$'C,&?&)"&2.+.2'1.'*2"(.(W'C&,'1&'>$2$,.1'1.#'>,.2($#'C&-$2)".#')&?&'
0-$2.# ' & ' 4#C.,-.E ' F*$ ' B$K.2 ' ?H# ' #$,".?$2-$ ' .?$2.3.(&# ' #*# ' "2-$,$#$#'
8$>$?62")&#<'!*,.2-$'$1'$2:,$2-.?"$2-&')&2'1&#'C$,#.#'$2'$1'C,"?$,'-$,)"&'($1'#">1&'
i'.<aE'2&':*$,&2E'.#KE'C&)&#'1&#'$#-.(&#'>,"$>&#'F*$'&C-.,&2'C&,'*2'$2-$2("?"$2-&'
)&2'$1'$2$?">&'.C.,$2-$':,$2-$'.'1.'C&#"+"1"(.('($'11$>.,'.'*2.'.1".23.')&2'$#-.(&#'
B$)"2&# ' )&2 ' 1&# ' F*$ ' ?.2-$2K.2 ' ($#($ ' .2-">*& ' 8&#-"1"(.($# ' .-HB").# ' C&, ' ?&-"B&#'
-$,,"-&,".1$# ' & ' ($ ' 1&# ' F*$ ' -$2K.2 ' #&+,.(.# ' ,.3&2$# ' C.,. ' -$?$, ' #*# ' .2#".# ' ($'
8$>$?&2K.E'F*$'#$'B$,K.',$:&,3.(.'?$(".2-$'$#-$'-"C&'($'.1".23.#'($:$2#"B.#<'0#K'
&)*,,"6E'$:$)-"B.?$2-$E'($#C*L#'($'1.'($,,&-.'C$,#.E')*.2(&'0-$2.#')&2#-,*;6'*2'
.*-L2-")& ' "?C$,"& ' )&2 ' #*# ' .2-">*&# ' .1".(&#E ' &+1">.(&# ' ?H# ' -.,($ ' . ' 1. ' :*$,3. ' .'
C$,?.2$)$, '($2-,& '($ ' L1<' D.# ' $2$?"#-.($# ' -,.(")"&2.1$# ' F*$ '$2:,$2-.+.2 '. '*2&#'
$#-.(&# ' )&2 ' &-,&# ' $2 ' ",,$)&2)"1".+1$# ' F*$,$11.# ' ,$#*1-.,&2 ' .#K ' ?H# ' :*$,-$# ' F*$ ' $1'
#$2-"?"$2-& ' ($ ' *2"(.( ' C.28$1L2"). ' .*#C")".(& ' C&, ' 1.# ' >,.2($# ' C&-$2)".# ' )&2 ' $1'
C,$-$c-&'($'8.)$,':,$2-$'.'*2'$2$?">&')&?J2<'D.'C&#-*,.'($'2$*-,.1"(.('.(&C-.(.'
C&, ' .1>*2&# ' $#-.(&# ' & ' $1 ' ($).2-.?"$2-& ' )1.,.?$2-$ ' C,&C$,#. ' ($ ' .1>*2&# ' &-,&#'
,$:1$I.2 ' 1. ' :,.>?$2-.)"62 ' $c"#-$2-$ ' ($2-,& ' ($1 ' ?&#.")& ' ($ ' 1&# ' $#-.(&# ' >,"$>&#E'
"2)1*#& ' $2 ' )",)*2#-.2)".# ' $c)$C)"&2.1$# ' F*$ ' C&(K.2 ' C,&C")"., ' 1. ' $?$,>$2)". ' ;'
C,&C.>.)"62 ' ($ ' $#-. ' )1.#$ ' ($ ' #$2-"?"$2-&# ' ($ ' *2"(.( ':,$2-$ ' . ' *2. ' .?$2.3. '($1'
$c-$,"&,E ' C$,)"+"(.E ' #"2 ' $?+.,>&E ' #"$?C,$ ' )&?& ' *2 ' C$1">,& ' ?$2&# ' $B"($2-$ ' $'
"2?$(".-&'F*$'1.#'.2-">*.#',"B.1"(.($#'"2-$,2.#<
D.'C,&C.>.2(.'.-$2"$2#$'.':.B&,'($1'C.28$1$2"#?&E'F*$'8.'($I.(&'#*#'$)&#'
?.2":"$#-&# ' $2 ' 2*$#-,.# ' C$,)$C)"&2$# ' ?&($,2.# ' ; ' 8. ' )&2(")"&2.(& ' $2 ' +*$2.'
?$("(. ' 2*$#-,. ' .)-"-*( ' .1 ' ,$#C$)-&E ' $,. ' #"2 ' (*(. ' .1>*2. ' "2-$,$#.(.E ' ;. ' F*$ ' #*#'
.#C",.)"&2$# ' C&1K-").# ' "+.2 ' ?H# ' .11H ' ($ ' 1.# ' :,&2-$,.# ' ($1 ' n-").< ' D. ' C&#-$,"&,'
)&2#&1"(.)"62'($1'"?C$,"&'.-$2"$2#$'-,.#'1.'B")-&,".'#&+,$'1&#'C$,#.#E'F*$'$?C$36'
)&?&'*2.'#*C*$#-.'.1".23.'($').,H)-$,'($:$2#"B&'C.,.')*1?"2.,'$2'*2.'B$,(.($,.'
8$>$?&2K.'C&1K-").';'$)&26?").E'C&2$'($',$1"$B$'1.#'B$,(.($,.#'("?$2#"&2$#'($1'
?&B"?"$2-&'C.28$1L2")&'$2'1.'?$2-.1"(.('($'#*#'C,&?&-&,$#'.-$2"$2#$#<'D.'($:$2#.'
($ ' 1. ' hL1.($ ' #$ ' )&2B",-"6 ' $2 ' #$>*"(. ' $2 ' 1. ' $c)*#. ' C$,:$)-. ' C.,. ' ("#"?*1., ' 1.#'
C,$-$2#"&2$#'"?C$,".1"#-.#'($'1.#'>,.2($#'C&-$2)".#'>,"$>.#')&?&'0-$2.#E'C,"?$,&E';'
4#C.,-.';'T$+.#E'($#C*L#<'41'("#)*,#&').1.+.'8&2(&'$2'.1>*2.#'#$2#"+"1"(.($#'.'
I*3>., ' C&, ' 1. ' ,$C$,)*#"62 ' F*$ ' -*B& ' #* ' *-"1"3.)"62 ' )&2#)"$2-$ ' ; ' ($#).,.(. ' C&, ' $1'
?&2.,).'?.)$(&2"&'M"1"C&'55E')*.2(&').?*:16'#*'(&?"2"&'($'N,$)".'+.I&'1.'$-"F*$-.'
"2#-"-*)"&2.1'($'*2.'.1".23.'C.28$1L2").E'&'C&,'#*'8"I&'01$I.2(,&E'F*$'?.F*"116'#*'
$cC$(")"62'($')&2F*"#-.'($1'"?C$,"&'C$,#.')&?&'*2.').?C.%.'.':.B&,'($'1.').*#.'
8$1L2").')&2'$1':"2'($'B$2>.,'1&#'.>,.B"&#'"2:$,"(&#'C&,'1&#'C$,#.#').#"'(&#)"$2-&#'
.%&#'.2-$#<'D&#'?&2.,).#'8$1$2K#-")&#E'F*$'.#C",.+.2'.1'(&?"2"&'($'N,$)".')&?&'
C.,-$ ' ($ ' #* ' "?C$,"&E ' 2& ' :*$,&2 ' -.?C&)& ' ($1 ' -&(& ' .I$2&# ' . ' $#-. ' )1.#$ ' ($'
$#-,.-.>$?.#'C,&C.>.2(K#-").#<'D.'C,&)1.?.)"62'($'1.'1"+$,-.('($'1&#'>,"$>&#'&'1.'
($:$2#. ' ($1 ' 8$1$2"#?& ' :,$2-$ ' . ' 1&# ' +H,+.,&# ' :*$,&2 ' (&# ' ($ ' #*# ' ?&(.1"(.($#'
C,$:$,"(.#<'M"2.1?$2-$'-.?+"L2'1&#',&?.2&#',$)*,,"$,&2'$2'?&?$2-&#'C*2-*.1$#'.'
$#-$'-"C&'($'C,&)$("?"$2-&#E')&2#)"$2-$#'($'1.'"?C&,-.2)".'($')&2-.,'$2'#*':.B&,')&2'
*2.'&C"2"62'CJ+1").'>,"$>.'F*$'B"$,.'$2'$11&#'.'1&#'2*$B&#'C,&-$)-&,$#'($'1.').*#.'
8$1L2"). ' $2 ' *2 ' ?*2(& ' F*$ ' .?$2.3.+. ' )&2 ' 1. ' ("#>,$>.)"62 ' "2-$,2. ' ;' 1. ' #"$?C,$'
1.-$2-$'"2-,*#"62'($'$2$?">&#'p+H,+.,&#q'C,&)$($2-$#'($1'$c-$,"&,<
41'?*2(&'($'1.#'),$$2)".#',$1">"&#.#'>,"$>.#'-.?C&)&')&2#-"-*K.'*2'H?+"-&'
"2("#)*-"(.?$2-$ ' *2":&,?$ ' C,&+.-&,"& ' ($ ' 1. ' "($2-"(.( ' )&1$)-"B. ' 8$1L2"). ' #"2 ' ?H#'
?.-"3.)"&2$#< ' 4c"#-K. ' )"$,-.?$2-$ ' *2 ' C.2-$62 ' )&?J2 ' C,$#"("(& ' C&, ' 9$*# ' ;'

)"

#$)*2(.(&'C&,'&-,.#'("B"2"(.($#'F*$'$#-.+1$)K.2'#*'1*>.,'($2-,&'($'L1'.'-,.BL#'($'
#*#'BK2)*1&#'($'C.,$2-$#)&')&2'$1'F*$'C.,$)K.'#*'"2("#)*-"+1$'("&#'#&+$,.2&<'R"2'
$?+.,>&E'1&')"$,-&'$#'F*$').(.')"*(.('C&#$K.'#*'C,&C".'("B"2"(.('C,&-$)-&,.E'F*$'
.).C.,.+.'$2')"$,-.'?$("(.'1&#'C,"2)"C.1$#'.)-&#'($',$)&2&)"?"$2-&')&?*2"-.,"&';'
,$1$>.+.'.'*2.'C&#")"62'?H#'#$)*2(.,".'.'1&#'($?H#'("&#$#'F*$'2&'$,.2'&+I$-&'($'
$#-$'-,.-.?"$2-&'C,"B"1$>".(&E',$#$,B.(&').#"'$2'$c)1*#"B.'.'1.'("B"2"(.('C,$$?"2$2-$<'
g#-$'$,.'$1').#&'($'0-$2$.E'F*$'$I$,)K.'#*'C.-,&2.3>&'#&+,$'0-$2.#E'&'$1'($'h$,.'$2'
0,>&#E';'$2'+*$2.'?$("(.'$1'($'n,-$?"#'$2'4#C.,-.<'0($?H#'$#-&#'("&#$#')&?*2$#'
($1'C.2-$62'C.28$1L2")&'.#*?K.2'.'?$2*(&'.-,"+*-&#'1&).1$#'F*$'1&#'8.)K.2'.'B$)$#'
C$,:$)-.?$2-$'",,$)&2&)"+1$#':*$,.'($'#*'H?+"-&'($'"2:1*$2)".E')&?&'#*)$(K.')&2'1.'
)L1$+,$'("&#. '($ '1&#'?J1-"C1$#'C$)8&# '($'g:$#&E 'F*$ '$2'2.(. ',$)&,(.+. '$1'C$,:"1'
$#$2)".1'($'*2.'("&#.'B",>$2')&?&'n,-$?"#<'D.'>,.2'("&#.'$:$#".E'1.'),*$1'D.:,".'.'1.'
F*$'#$'#.),":").+.'.2*.1?$2-$'$2'b.-,.#'*2'8&1&).*#-&'($'.B$#';'+$#-".#'#.1B.I$#E';'
1. ' ("&#. ' C.,. ' 1. ' F*$ ' 1.# ' I6B$2$#' (.23.+.2 ' $2 '1. ' 1&).1"(.( ' H-"). ' ($ ' \,.*,62 ' #&2'
)1.,.?$2-$'(":$,$2-$#'.'C$#.,'($'F*$'-&(.#'$11.#',$)"+$2'$2')&?J2'$1'2&?+,$'($'
n,-$?"#< ' 52)1*#& ' $1 ' -"C& ' ($ ' )*1-& ' ,$2("(& ' . ' 1. ' ?"#?. ' ("B"2"(.( ' B.,".+. ' ($ ' :&,?.'
)&2#"($,.+1$'($'*2.')"*(.('.'&-,.<'42'?*)8.#'&).#"&2$#'1&#'2&?+,$#'&1K?C")&#'#$'
1"?"-.+.2 ' . ' ,$+.*-"3., ' . ' *2. ' .2-">*. ' ("B"2"(.( ' 1&).1< ' !"B"2"(.($# ' ($ ' ).,H)-$,'
C*,.?$2-$ ' 1&).1 ' )&?& ' 1. '("&#. '0:.". ' $2 ' 1. '"#1. ' ($ ' 4>"2. ' ,$#*1-.+.2 ' .#&)".(.# ' .'
.1>*2&'($'1&#'>,.2($#'2&?+,$#'($1'C.2-$62'>,"$>&<'D.#'$#-.-*.#'($')*1-&E'.'C$#.,'
($'1.'.C.,"$2)".'$2>.%&#.'F*$'C*$($',$#*1-.,'($'1.')&2-$?C1.)"62'($'1.#'>,.2($#'
&+,.#'$#)*1-6,").#',$.1"3.(.#'C&,'.,-"#-.#')L1$+,$#')&?&'M"(".#'&'b,.c"-$1$#E '$,.2'
)&2#"($,.+1$?$2-$'(":$,$2-$#'#$>J2'1&#'1*>.,$#<'D.'?.;&,K.'($'$11.#E'>$2$,.1?$2-$'
.2-">*.# ' $:">"$# ' ($ ' ?.($,. ' ($2&?"2.(.# ':;"2"E ' $,.2 ' $I$?C1.,$# ' J2")&# ' $'
",,$$?C1.3.+1$# ' ?H# ' F*$ ' ?&($1&# ' $#-$,$&-KC")&# ' (":*2("(&# ' $ ' "?"-.(&# ' C&, ' -&(.#'
C.,-$#<
D.#'-,.(")"&2$#'?K-").#'-.?C&)&'C,$#$2-.2'*2')*.(,&'*2"-.,"&<'4#'+"$2'#.+"(&'
F*$E'.'(":$,$2)".'($'&-,&#'C*$+1&#')&?&'$1'I*(K&E'1&#'>,"$>&#'2&'C&#$;$,&2'2"2>J2'
-$c-&'#.>,.(& ')&?&'1.'\"+1".'F*$'$#-.+1$)"$#$'($'?.2$,.'($:"2"-"B.'$1'&,($2';'1.'
I$,.,F*K.'($'1.#'-,.(")"&2$#'1$>$2(.,".#'F*$')&2#-"-*K.2'1.'?$?&,".')&1$)-"B.'($'1.'
)&?*2"(.(< ' D&# ' >,.2($# ' C&$-.# ' LC")&#E ' h&?$,& ' ; ' h$#K&(&E ' F*$ ' #$,K.2 ' 1& ' ?H#'
.C,&c"?.(&'F*$'$2)&2-,.?&#'$2'$#-$'-$,,$2&'($2-,&'($'1.')*1-*,.'>,"$>.E'&,($2.,&2'
;'("$,&2':&,?.'.'?*)8.#'($'$#-.#'-,.(")"&2$#'C$,&'2&'$#-.+1$)"$,&2'2"'?*)8&'?$2&#'
#* ':"I.)"62 '($:"2"-"B.E'.' #.1B&' ($ '2*$B.#'B.,".2-$#' ;' ?&(":").)"&2$# 'C&#-$,"&,$#E '&'
#">2":").,&2 ' 1. ' ($#.C.,")"62 ' ($:"2"-"B. ' ($ ' -,.(")"&2$# ' ("B$,>$2-$#< ' 41 ' ).*(.1 ' ?K-")&'
>,"$>&')&2-"2*6'("#)*,,"$2(&'"?C.,.+1$'.'1&'1.,>&'($'1&#'-"$?C&#E'($#($'#*#'C,"?$,.#'
?.2":$#-.)"&2$# '$#),"-.#'$2'1&#'C&$?.#'8&?L,")&#';'$2'1&#').-H1&>&#'8$#"6(")&#'
8.#-.'1.#',$)&C"1.)"&2$#'?H#'-.,(K.#'$2':&,?.'($'?.2*.1$#')&?&'$1'($'1.'<%$&%'()*"#
($'0C&1&(&,&E'C$,-$2$)"$2-$';.'.1':"2.1'($'1.'LC&).'8$1$2K#-").E'F*$')&2#-"-*;$'*2'
+*$2'$I$?C1&'($'$#-$'-"C&'($'&+,.#<'!":$,$2-$#')"*(.($#'>,"$>.#'("#C*-.+.2'C&,'$1'
8&2&,'($'1.'C,"?.)K.';'1.'?.;&,'.2-">l$(.('?$(".2-$'$#-,.-$>".#')&?&'1.'.*-&)-&2K.'
=$1 ' &,">$2 ' $2 '1. ' C,&C". ' -"$,,. 'F*$ ' 8.+"-.+.2@E ' $2 ' $1 ' ).#& ' ($ ' 1&# '.-$2"$2#$# ' ;' 1&#'
.,).("&#E'&'1.'C,$#$2)".'$2-,$'$11&#'($1'C,"?$,'#$,'8*?.2&E')&?&'$2'$1').#&'($'1&#'
.,>"B&#<'a.(.')"*(.('C&#$K.'#*#'C,&C".#';'.'B$)$#'&#)*,.#'-,.(")"&2$#E'.1>*2.#'($'
1.# ' )*.1$# ' 8.2 ' 11$>.(& ' 8.#-. ' 2&#&-,&# ' ,$)&>"(.# ' $2 ' 1. ' ($#),"C)"62 ' ($ ' N,$)".'
$1.+&,.(.'C&,'b.*#.2".#'$2'$1'#">1&'55'(<a<'D.'?*1-"C1")"(.('($'8L,&$#'1&).1$#'.'1&#'
F*$'#$',$2(K.'$1')*1-&'.C,&C".(&'$2'$1')$2-,&'($'1.')"*(.('&'$2'*2'#.2-*.,"&')$,).2&E'
F*$'#61&'$2'($-$,?"2.(.#';'$#C&,H(").#'&).#"&2$#',$#*1-.'C&#"+1$')&2$)-.,')&2'1.#'

)#

>,.2($# ' #.>.# ' 8$,&").# ' C.28$1L2").#E ' )&2#-"-*;$ ' *2 ' -$#-"?&2"& ' C.1C.+1$ ' ($ ' 1.'
$2&,?$'("B$,#"(.('($'-,.(")"&2$#'?K-").#'$c"#-$2-$#'$2'-&(.'1.'hL1.($<
T.?C&)&'1.':&,?.'($'B"(.')&2#-"-*K.'*2',.#>&').,.)-$,K#-")&'($'1.'*2":&,?"(.('
*'8&?&>$2$"(.('($1'C.2&,.?.'8$1L2")&<'D&#'2J)1$&#'*,+.2&#'($1')$2-,&';'($1'#*,'
($1')&2-"2$2-$'&'($'1.#'H,$.#'($2&?"2.(.#')&2'C&).':&,-*2.')&1&2".1$#'=$1'#*,'($'
5-.1".';'1.#')&#-.#'($'0#".'S$2&,@')&2-,.#-.+.2')&2'1.#'.1($.#'&'1.#'.>1&?$,.)"&2$#'
,*,.1$#'($'1.#',$>"&2$#'?H#'#$C-$2-,"&2.1$#';'&))"($2-.1$#<'D.':&,?.'($'B$#-",'$,.'
-.?+"L2'(":$,$2-$'$2'*2.#',$>"&2$#';'&-,.#'$2':*2)"62'($'1.')1"?.-&1&>K.'&'($1'-"C&'($'
$)&2&?K.'C,$(&?"2.2-$E'($').,H)-$,'.>,K)&1.'&'C.#-&,"1<'f2'.#C$)-&'($#-.).(&')&?&'
1.'C&#")"62'#&)".1'($'1.'?*I$,E'F*$'$#')&2#"($,.(&'$#$2)".1'8&;'$2'(K.E'C,$#$2-.+.'
"?C&,-.2-$#'(":$,$2)".#'($C$2("$2(&'($'1.',$>"62'.'$c.?$2E';.'F*$'#"'$2'0-$2.#'1.'
?*I$,'&)*C.+.'*2'1*>.,'#$)*2(.,"&'($2-,&'($'1.'#&)"$(.(E',$1$>.(.'C,H)-").?$2-$'.'
#*# ' :*2)"&2$# ' (&?L#-").# ' ; ' .C.,-.(. ' C&, ' )&?C1$-& ' ($ ' 1. ' B"(. ' CJ+1").E ' $2 ' &-,&#'
1*>.,$#'1.'#"-*.)"62'$,.'+"$2'(":$,$2-$E')&?&'$2'4#C.,-.E'(&2($',$.1"3.+.'$I$,)")"&#'
($C&,-"B&# ' . ' 1. ' C., ' )&2 ' 1&# ' B.,&2$# ' ; ' C&#$K. ' 1. ' ).C.)"(.( ' I*,K("). ' ($ ' .(F*",",'
C,&C"$(.($#W'$2'1.'"#1.'($'D$#+&#E'(&2($E'.'I*3>.,'C&,'1&#'C&$?.#'($'R.:&E'1.'B"(.'
($'1.#'?*I$,$#'C.,$)$'8.+$,'("#:,*-.(&'($'*2'.1-&'>,.(&'($'.*-&2&?K.E'.I$2.'C&,'
)&?C1$-&'.'1&#'.?+"$2-$#'?.#)*1"2&#E'&'$2'1.#',$>"&2$#'($1'2&,&$#-$E'(&2($'"2)1*#&'
C&#$K.'"?C&,-.2-$#'C&-$#-.($#'-$#-.?$2-.,".#'#$>J2'#.+$?&#'C&,'$1'-$#-"?&2"&'($'
.1>*2.# ' "2#),"C)"&2$#< ' ]" ' #"F*"$,. ' 1. ' :&,?. ' ($ ' &,>.2"3.)"62 ' #&)"&C&1K-"). ' ?H#'
).,.)-$,K#-").'($1'?*2(&'>,"$>&E'1.'6'&%/E'$,.'*2"B$,#.1<'0'#*'1.(&')&$c"#-K.'&-,.':&,?.'
.1-$,2.-"B.E'$1'($2&?"2.(& ')(-2'/E'$2'1.'F*$'("B$,#&#'C*$+1&#'B"BK.2',$C.,-"(&#'$2'
.1($.# ' $2 ' -&,2& ' . ' *2 ' #.2-*.,"& ' )&?J2 ' #"2 ' F*$ ' $c"#-"$,.2 ' B$,(.($,&# ' )$2-,&#'
*,+.2&#<'0'C$#.,'($'1.#'.C.,"$2)".#E'F*$'8")"$,&2'),$$,'.'.1>*2&#'F*$'$1'$-82&#'$,.'
*2.':&,?.'($'&,>.2"3.)"62'?H#'C,"?"-"B.'F*$'1.'C&1"#E'8.)".')*;&#'$#F*$?.#'",K.'
C,&>,$#"B.?$2-$'$B&1*)"&2.2(&E'8&;'$2'(K.').#"'2.("$'(*(.';.'F*$'#$'-,.-.'($'(&#'
:&,?.#'C.,.1$1.#'$2'#*'($#.,,&11&'F*$')&$c"#-"$,&2'(*,.2-$'1.,>&'-"$?C&'#"2'F*$'1.'
#$>*2(.E'1.'C&1"#E'($?&#-,.#$'"2(")"&#'($'#*C$,"&,"(.('#&+,$'1.'C,"?$,.E'$1'$-82&#<'
01>*2.#',$>"&2$#'(&2($'$1'?&(&'($'B"(.'"?C$,.2-$'$,.'$1'$-82&#E')&?&'$1'4C",&';'
T$#.1".E'.1).23.,&2'*2.'$2&,?$'"?C&,-.2)".'$2'$1'($#.,,&11&'($'1.'8"#-&,".'>,"$>.';'
&:,$)"$,&2'#&+,.(.#'?*$#-,.#'($'#*'#&1"($3'"2#-"-*)"&2.1';'($'#*'("2.?"#?&'C&1K-")&';'
$)&26?")&<
D. ' ("B$,#"(.( ' )&2#-"-*;$E ' $2 ' #*?.E ' 1. ' ).,.)-$,K#-"). ' ?H# ' ($:"2"-&,". ' ($ ' 1.'
)"B"1"3.)"62 ' >,"$>. ' $2 ' -&(&# ' 1&# ' -$,,$2&#E ' C&, ' $2)"?. ' ($ ' 1. ' :.1#. ' "?C,$#"62 ' ($'
*2":&,?"(.('F*$'8.2'C,&(*)"(&'#">1&#';'#">1&#'($'"($.1"3.)"62'($'*2.')*1-*,.'$1$B.(.'
. ' 1&# ' .1-.,$# ' ($ ' *2. ' :&,?. ' "2("#),"?"2.(. ' ; ' .),K-").E ' #.).(. ' . ' 1. ' :*$,3. ' ($ ' 1&#'
).?"2&#'8.+"-*.1$#'($'1.'8"#-&,".'C.,.')&2B$,-",1.'$2'*2'?&($1&'C&1K-")&E'#&)".1E'?&,.1'
;'.,-K#-")&'($1'F*$'($,"B.2'-&(.BK.'8&;'2*?$,&#&#'?.1$2-$2("(&#<

-*+'.#)%,"*+'/#)'&0#1*$#10"%+2*

D. ' "($. ' ($ '0-$2.# ' )&?& ' 1. ' F*"2-.$#$2)". ' ($ ' 1. ' )*1-*,. ' >,"$>. ' ; ' )&?& ' #*'
"?.>$2 ' ?H# ' ).,.)-$,K#-"). ' ; ' ,$C,$#$2-.-"B.E ' F*$ ' 8. ' C,$(&?"2.(& ' (*,.2-$ ' ?*)8&'
-"$?C&';'F*$'-&(.BK.'&)*C.'"?C&,-.2-$#'C.,)$1.#'($'1.'"?.>"2.)"62'?&($,2.E'B"$2$'

)$

($ ' ?*; ' 1$I&#< ' D. ' 8$>$?&2K. ' C&1K-"). ' ($ ' 1. ' )"*(.(E ' F*$ ' .1).236 ' #* ' )"?. ' $2 ' 1&#'
?&?$2-&# ' )$2-,.1$# ' ($1 ' #">1& ' i ' .<aE ' #$ ' B"& ' C,$)$("(. ' ($ ' *2. ' )"$,-. ' #*C,$?.)K.'
)&?$,)".1E ' C*$#-. ' ($ ' ?.2":"$#-& ' $2 ' 1. ' ),$)"$2-$ ' "?C&#")"62 ' ($ ' #* ' )$,H?"). ' C&,'
2*?$,&#&# ' ,"2)&2$# ' ($1 ' S$("-$,,H2$&E ' #*C$,.2(& ' $1 ' -,.(")"&2.1 ' C,$(&?"2"& ' ($'
a&,"2-&E ' F*$ ' #$ ' )&2B$,-",K. ' . ' C.,-", ' ($ ' $2-&2)$# ' $2 ' *2. ' ($ ' #*# ' ?H# ' $2)&2.(.#'
,"B.1$#<'41'($#.,,&11&'($'>L2$,&#')&?&'1.'-,.>$(".E'1.'8"#-&,".'&'1.'&,.-&,".')&2B",-"6'.'
1. ' )"*(.( ' $2 ' $1 ' )$2-,& ' "2("#)*-"+1$ ' ($ ' 1. ' 1"-$,.-*,. ' >,"$>. ' ; ' 1&# ' C,&>,.?.#'
.,F*"-$)-62")&#'"?C*1#.(&#'C&,'b$,")1$#'$2'1.'0),6C&1"#'($'0-$2.#'1.'$?+$11$)"$,&2'
($':&,?. '($:"2"-"B.E'C&2"L2(&1. '.'1.').+$3.'C&,'#*'$#C1$2(&,';'?.>2":")$2)".'($1'
,$#-&'($'1.#')"*(.($#'>,"$>.#<
41 ' 8*2("?"$2-& ' ($1 ' "?C$,"& ' .-$2"$2#$E ' -,.# ' 1. ' ($,,&-. ' #*:,"(. ' . ' ?.2&# ' ($'
4#C.,-. ' $2 ' 1. ' >*$,,. ' ($1 ' b$1&C&2$#& ' .1 ' :"2.1 ' ($ ' $#-$ ' C$,K&(&E ' 2& ' #">2":")6 ' #*'
)&?C1$-.'($#.C.,")"62'($'1.'$#)$2.<'41'C,$#-">"&')*1-*,.1'($'1.')"*(.(E'.1$2-.(&'C&,'
1. ' )&2:1*$2)". ' .11K ' ($ ' 1.# ' (":$,$2-$# ' $#)*$1.# ' :"1&#6:").#E ' . ' C$#., ' ($ ' F*$ ' #*#'
:*2(.(&,$#'C,&)$(K.2'C&,'1&'>$2$,.1'($'&-,&#'1*>.,$#'($1'?*2(&'>,"$>&E'#*#-"-*;6'.'
1.# ' .2-">*.# ' C,$-$2#"&2$# ' 8$>$?62").#< ' !*,.2-$ ' 1. ' LC&). ' 8$1$2K#-"). '0-$2.# ' 2&'
:">*,6'$2-,$'1&#'C,&-.>&2"#-.#'$2'$1'-$,,$2&'C&1K-")&'&'?"1"-.,E'#&+,$'-&(&')&?C.,.(.'
)&2'1.'+,"11.2-$'-,.;$)-&,".'($'2*$B.#'.>,*C.)"&2$#'($').,H)-$,':$($,.1E')&?&'1.#'
)&2:$($,.)"&2$# ' $-&1". ' & ' .F*$.E ' )&2 ' 1. ' :1&,$)"$2-$ ' "#1. ' ($ ' A&(.# ' ; ' 8.#-. ' )&2 ' 1.'
?"#?K#"?.'4#C.,-.E'.'C$#.,'($'F*$'L#-.'8.+K.'$2-,.(&'$2'*2.':.#$'($'($).($2)".'
($?&>,H:").'F*$'($+"1"-6'($':&,?.')&2#"($,.+1$'#*#'C&#"+"1"(.($#'8$>$?62").#<'R"2'
$?+.,>&E'0-$2.#')&2-"2*6'#"$2(&'$1'C*2-&'($',$:$,$2)".')*1-*,.1'F*$'1&#'#*)$#"B&#'
?&2.,).#'8$1$2K#-")&#'+*#).,&2')&?&'C,"2)"C.1'#&C&,-$'C,&C.>.2(K#-")&'.'1.'8&,.'($'
)"?$2-., ' #*# ' C,$-$2#"&2$# ' ($ ' ,$C,$#$2-., ' $1 ' +.1*.,-$ ' ($1 ' 8$1$2"#?&< ' T,.# ' 1.'
)&2F*"#-.',&?.2.'1.#')&#.#'2&').?+".,&2'($':&,?.'#*#-.2)".1E';':*$'.'0-$2.#'.'
(&2($ '.)*("$,&2 '.1>*2&# '($'1&#' ,&?.2&#' ?H#'"1*#-,$# '$2' +*#).' ($ '1.':&,?.)"62'
.).(L?"). ' C$,-"2$2-$E ' )&?& ' $1 ' C,&C"& ' a")$,62E ' #* ' .?">& ' n-")& ' ; ' .1>*2&#'
$?C$,.(&,$# ' )&?& '0(,".2&E ' ($)1.,.(& ' .(?",.(&, ' ($ ' 1. ' >,.2($3. ' C.#.(. ' ($ ' 1.'
)"*(.( ' ; ' C,&?&-&, ' ("#-"2>*"(& ' ($ ' #* ' ,$2&B.)"62 ' *,+.2K#-"). ' )&2 ' C,&;$)-&# ' -.2'
.?+")"&#&#')&?&'1.')*1?"2.)"62'($1'>,.2'-$?C1&'($(").(&'.'9$*#E'"2")".(&'C&,'1&#'
b"#"#-,H-"(.# ' #$-$)"$2-&# ' .%&# ' .2-$#E ' ; ' 1. ' )&2#-,*))"62 ' ($ ' *2. ' 2*$B. ' 3&2.'
,$#"($2)".1<
4#-.'8$>$?&2K.'C&1K-").';')*1-*,.1'8.'F*$(.(&',$:1$I.(.'$2'2*$#-,.#':*$2-$#'
($'"2:&,?.)"62<'!$'1.#'UVX')&2#-"-*)"&2$#',$)&>"(.#'C&,'1.'$#)*$1.'.,"#-&-L1").'C.,.'
$1'$#-*("&'($1',L>"?$2'C&1K-")&'"($.1'#61&'8.'#&+,$B"B"(&'1.'($'0-$2.#E'($#)*+"$,-.'$2'
*2 ' C.C",& ' $>"C)"& ' $2 ' UXZP< ' 52)1*#& ' .2-$# ' ($ ' #* ' ($#)*+,"?"$2-& ' ;. ' $,. ' 1. ' ?$I&,'
)&2&)"(.'($'-&(.#'.'I*3>.,'C&,'1.#'2*?$,&#.#')"-.#'F*$'.C.,$)$2'$2'&-,&#'.*-&,$#'
.2-">*&#<'0'1.'>,.2',"F*$3.'($'$#),"-&#')&2-$?C&,H2$&#E'F*$'$2>1&+.2'($#($'1.#'
-,.>$(".#';')&?$(".#')&2#$,B.(.#'8.#-.'&+,.#'?&2&>,H:").#')&?&'1.#'8"#-&,".#'($'
h$,6(&-&E ' T*)K("($# ' & ' 7$2&:&2-$E ' C.#.2(& ' C&, ' 1&# ' 2*?$,&#&# ' ("#)*,#&# ' ($ ' 1&#'
&,.(&,$#E'8.;'F*$'#*?.,'1.'.+*2(.2-$'(&)*?$2-.)"62'($').,H)-$,'$C">,H:")&E'F*$'
-,.(*)$ ' $2 ' 1. ' C,H)-"). ' $1 ' )&?C,&?"#& ' "($&16>")& ' ($ ' C*+1")., ' -&(&# ' 1&# ' ,$>"#-,&#'
CJ+1")&#<'D.'-",.2K.'($'1.'$B"($2)".E')&?&'.1>*2&#'8.2').1":").(&'$#-.'#"-*.)"62E'8.'
($).2-.(&'.#K':H)"1?$2-$'1.#')&#.#'.':.B&,'($'1.')"*(.('($'0-$2$.E';.'F*$'2&'#61&'
$#-.?&#'$2'#"-*.)"62'($'C&($,',$#C&2($,')&2'?.;&,':".+"1"(.('.')*.1F*"$,'-"C&'($'
)*$#-"62'#&+,$'1.'8"#-&,".'($'1.')"*(.('F*$'#&+,$')*.1F*"$,'&-,&'$#-.(&'>,"$>&E'#"2&'
F*$'1.'$c"#-$2)".'($'$#-.',").';'B.,".(.'(&)*?$2-.)"62'8.'C,&C")".(&'$1'#*,>"?"$2-&'

)%

($ ' -&(. ' *2. ' $#C$)".1"3.)"62 ' .).(L?"). ' F*$ ' 2& ' ,$#*1-. ' :.)-"+1$ ' $2 ' &-,&# ' H?+"-&#'
?*)8&'C$&,'(&)*?$2-.(&#'($'1.'8"#-&,".'>,"$>.<
]" ' #"F*"$,. ' $1 ' ).#& ' ($ ' 4#C.,-.E ' F*$ ' C.,$)$ ' )&2-,.($)", ' $2 ' C,"2)"C"& ' $#-$'
C.2&,.?.'($#">*.1E';.'F*$')&2-.?&#')&2'2*?$,&#.#'2&-")".#'.)$,).'($'#*'C$)*1".,'
#"#-$?. ' ($ ' >&+"$,2& ' ; ' #*# ' #"2>*1.,$# ' "2#-"-*)"&2$# ' $(*).-"B.#E ' $# ' #">2":").-"B& ' #"'
.-$2($?&#'.1'8$)8&'($'F*$'1.#':*$2-$#'#&+,$'1.#'F*$'#$'+.#.'2*$#-,.'"2:&,?.)"62'.1'
,$#C$)-&'#&2'">*.1?$2-$'.-$2"$2#$#<'D&#',$#C&2#.+1$#'(",$)-&#'($'$#-.'#*C*$#-.'
.+*2(.2)".'($'2&-")".#'2&'#&2'.*-&,$#'$#C.,-.2&#')&2-$?C&,H2$&#'2"'"2#),"C)"&2$#'
C,&)$($2-$# ' ($ ' 1. ' ,$>"62E ' #"2& ' 1. ' ($2&?"2.(. ' p1.)&2&:"1".q ' ="2)1"2.)"62 ' C&1K-"). ' .'
:.B&, ' ($ ' 4#C.,-.@ ' ($ ' .1>*2&# ' "2-$1$)-*.1$# ' .-$2"$2#$# ' ($ ' 1. ' -.11. ' ($ ' b1.-62 ' &'
7$2&:&2-$E ' F*$ ' -,.(*I$,&2 ' #* ' ($#)&2-$2-& ' ; ' )&2-,.,"$(.( ' #&+,$ '1. ' ?.,)8. ' ($ ' 1.#'
)&#.#'$2'1.'0-$2.#'($'#*'-"$?C&'$2'1.')&2#-,*))"62'($'*2'?&($1&'"?.>"2.,"&'F*$'C&,'
)&2-,.C&#")"62 ' $c.1-.+. ' $ ' "($.1"3.+. ' 1. ' C$)*1"., ' )&2#-"-*)"62 ' $#C.,-.2.< ' D.'
C,$&)*C.)"62'.-$2"$2#$'C&,'4#C.,-.'$#E'.#KE'$1',$#*1-.(&'($'1&#'C,&C"&#'"2-$2-&#'($'
.*-&($:"2")"62'($'1&#'"2-$1$)-*.1$#'($#)&2-$2-&#'($'0-$2.#<'4#C.,-.'#$')&2B$,-K.'$2'
$1 ' p&-,&q ' ,$:$,$2)".1 ' .,F*$-KC")& ' F*$E ' ?$(".2-$ ' $#-$ ' C,&)$#& ' ($ ' "2B$,#"62 ' &'
)&2-,.#-$E'C&#"-"B&'&'2$>.-"B&E'#$,BK.'C.,.'($:"2",';').-.1&>.,'1.#'C,&C".#'"2#-"-*)"&2$#'
.-$2"$2#$#<'4#-.'C$,#C$)-"B.'.-$2"$2#$'#$'8.'-,.#1.(.(&E'?H#'.11H'($1'*?+,.1'($'1&#'
-"$?C&#E'.'1&#'$#-*("&#'?&($,2&#'F*$'($+.-$2'$1').,H)-$,'?H#'&'?$2&#'($?&),H-")&'
($'1&#'C,&)$("?"$2-&#'C&1K-")&#'$#C.,-.2&#E'&1B"(.2(&'F*$'"2)*,,$2'($'$#-$'?&(&'$2'
$#.'?"#?.'16>").'.-$2&)L2-,").E'$2'1*>.,'($',$C1.2-$.,'1.')*$#-"62'($#($'1.'C,&C".'
C$,#C$)-"B. ' 8"#-6,"). ' $#C.,-.2.E ' F*$ ' 2& ' )&?C.,-K. ' )&2 ' 0-$2.# ' 1&# ' ?"#?&#'
)&2(")"&2.2-$#'C&1K-")&#'$'"($&16>")&#<
D.'"($.1"3.)"62'($1'1$>.(&'C&1K-")&'($'0-$2.#'$2'1.'-,.(")"62'$*,&C$.'C&#-$,"&,'
8.')&2#-"-*"(&'&-,&'($'1&#'?&-"B&#'($'$#-$'C,$(&?"2"&'($2-,&'($'1&#'$#-*("&#'>,"$>&#<'
D. ' C,"?$,. ' ,$.))"62 ' ($1 ' C$,K&(& ' ?&($,2& ' .2-$ ' 1. ' ($?&),.)". ' .-$2"$2#$ ' 2& ' :*$'
C,$)"#.?$2-$'1.'($'*2.'.(?",.)"62'$1&>"&#.<'R$')&2#"($,.+.'?H#'+"$2'*2'C$1">,&'
C.,.'1.'$#-.+"1"(.('($'1.#'"2#-"-*)"&2$#'C&1K-").#'($+"(&'.'1&#'?.1$#'C,&B&).(&#'C&,'$1'
>&+"$,2&'"2)&2-,&1.(&'($'1.'?*)8$(*?+,$E'F*$'2&'#*#)"-.+.'&-,.',$#C*$#-.'$2-,$'1&#'
"2-$1$)-*.1$# ' $*,&C$&# ' ($ ' 1. ' LC&). ' F*$ ' ($#C,$)"& ' ; ' 8&,,&,< ' D&# ' C,"?$,&#'
?&B"?"$2-&#'($?&),H-")&#'($':"2.1$#'($1'#">1&'di555';')&?"$23&#'($1'd5d'-,.-.,&2'($'
)&?+.-",'$#-.')1.#$'($',"$#>&#'?$(".2-$'1.'),$.)"62'($')*$,C&#',$C,$#$2-.-"B&#'F*$'
$F*"1"+,.,.2';'("1*;$,.2'1&#'$c)$#&#'C,$B"#-&#'C&,'1.'C.,-")"C.)"62'C&C*1.,'(",$)-.'$2'
$1'>&+"$,2&'($1'$#-.(&<'D.'B.1&,.)"62'?H#'C&#"-"B.'($1'B"$I&',L>"?$2'.-$2"$2#$'#61&'
#$'"2")"6'($'?.2$,.')1.,.'.'?$(".(&#'($1'd5d';'2&'C.,-"6'($'1.'&+,.'($'C$2#.(&,$#'&'
-$6,")&#'($'1.'C&1K-").E'#"2&'($'*2'8"#-&,".(&,')&?&'N$&,>$'N,&-$E'*2&'($'1&#'C.(,$#'
:*2(.(&,$# ' ($1 ' $#-*("& ' ?&($,2& ' ($ ' 1. ' N,$)". ' .2-">*.< ' a*.2(& ' 1.# ' "($.#'
($?&),H-").#')&2#">*"$,&2'1.'.)$C-.)"62'>$2$,.1'$2'1.'$#)$2.'C&1K-").'"2-$,2.)"&2.1'
)&?&'$1'C,"2)"C"&'?H#'1$>K-"?&'($'>&+"$,2&E'1.'($?&),H-").'0-$2.#')&?$236'.'#$,'
)&2#"($,.(.'$1'.2-$)$#&,'.($)*.(&'8.)".'$1'F*$'(",">K.2'#*#'?",.(.#'"2-$,$#.(.#'
-&(&#'1&#'$#-.(&#'?&($,2&#'F*$')&?C.,-K.2'(")8&'#"#-$?.'C&1K-")&<'D.'($?&),.)".'
.-$2"$2#$'#$'B"&'.#K'"?C1").(.'($'11$2&'$2'1&#'($+.-$#')&2-$?C&,H2$&#'.)$,).'($'1.'
2.-*,.1$3.';'$1'Lc"-&'($'$#-$'-"C&'($',L>"?$2<'D.'(":*#"62'($'1.'($?&),.)".'C&,'-&(.#'
C.,-$#'.'1&'1.,>&'($'1&#'.%&#'2&B$2-.'($1'C.#.(&'#">1&';'#*'$1$B.)"62'.*-&?H-").'.'1.'
).-$>&,K.'.+#&1*-.'($',L>"?$2'C&1K-")&'*2"B$,#.1E'F*$')*1?"2.'*2.'#$,"$'($'$-.C.#'
#*)$#"B.#'($'1.'8"#-&,".E'8.2'-$2"(&')&?&')&2#$)*$2)".'1.'?.>2":").)"62'$c)$#"B.'
($1'C.C$1'($#$?C$%.(&'C&,'1.'($?&),.)".'.-$2"$2#$'($2-,&'($1'C,&C"&')&2-$c-&'($'
1. ' C&1K-"). ' >,"$>. ' .2-">*.< ' D. ' )$1$+,.)"62 ' C&, ' (&F*"$,E ' C$,& ' $#C$)".1?$2-$ ' $2 ' 1&#'

)&

4#-.(&# ' f2"(&#E ' ($ ' >,.2($# ' :.#-&# ' C.,. ' )&2?$?&,., ' $1 ' OVPP ' .2"B$,#.,"& ' ($1'
2.)"?"$2-& ' ($ ' 1. ' ($?&),.)". ' $2 '0-$2.# ' )&2#-"-*;$' *2 ' $I$?C1& ' ,$1$B.2-$ ' ($ ' $#-.'
:&,?. ' ($ ' B$, ' 1.# ' )&#.# ' F*$ ' ($I. ' 1. ' 8"#-&,". ' ,$.1 ' . ' *2 ' 1.(& ' C.,. ' ($).2-.,#$'
)1.,.?$2-$ ' . ' :.B&, ' ($ ' 1. ' ?"-":").)"62 ' & ' "($.1"3.)"62 ' ($ ' *2 ' ?&?$2-& ' 8"#-6,")&'
($-$,?"2.(&<
R"2'$?+.,>&E'1.'2.-*,.1$3.'+"$2'("#-"2-.'($'1&#'(&#'-"C&#'($'#"#-$?.#E'$1'F*$'
"?C$,6'$2'#*'(K.'$2'0-$2.#';'$1'F*$'(&?"2.'$2'1.'.)-*.1"(.('C&,').#"'-&(.#'C.,-$#'
($1'?*2(&E'8.)$'($1'-&(&'"2B".+1$')*.1F*"$,'"2-$2-&'($'$#-.+1$)$,'*2.'B"2)*1.)"62'
(",$)-.E'$2':&,?.'($'1$>.(&E'$2-,$'.?+&#<'41')&2-$c-&'($1'#"#-$?.'C&1K-")&'.-$2"$2#$'
$,. ' :*2(.?$2-.1?$2-$ ' .I$2& ' . ' 1&# ' B.1&,$# ' ($?&),H-")&# ' ?&($,2&#E ' #*,>"(&# ' $2'
C.,-$'($'1.'A$B&1*)"62'M,.2)$#.<'0*2F*$'1.'1"+$,-.('($'1&#')"*(.(.2&#'$,.'*2'"($.1'
:*2(.?$2-.1'($1'#"#-$?.E'1.'C$,-$2$2)".'.'$#-$'>,*C&'#$1$)-&'($'"2("B"(*&#'$#-.+.'
,$#-,"2>"(.'C&,')*$#-"&2$#')&?&'1.'($#)$2($2)".';'$1'>L2$,&<'41'$#-*("&#&'+,"-H2")&'
A&+"2 ' e#+&,2$ ' 8. ' #$%.1.(& ' )&2 ' .>*($3. ' F*$ ' 1. ' ($?&),.)". ' .-$2"$2#$ ' :&,?.+.'
C.,-$ ' ($ ' *2. ' :&,?. ' ($ ' B"(. ' F*$ ' 2&#&-,&# ' ).-.1&>.,K.?&# ' 8&; ' )&?& ' .2-"1"+$,.1E'
)*1-*,.1?$2-$ ' )8.*B"2"#-. ' $ ' "2#&C&,-.+1$?$2-$ ' ,$#-,")-"B.< ' M*$ ' $#$2)".1?$2-$ ' $1'
C,&(*)-&'($'*2.'#&)"$(.(')$,,.(.')&?&'1.'>,"$>.E'F*$'2&'C*$($'&:,$)$,E'C&,'-.2-&E'
*2'?&($1&'.($)*.(&'C.,.'$1':*2)"&2.?"$2-&'2&,?.1';'$:").3'($'*2.'#&)"$(.('?*)8&'
?H#'8$-$,&>L2$.';'.+"$,-.')&?&'1.'.)-*.1<'D.#'($?&),.)".#'1"+$,.1$#'?&($,2.#'2&'
#$'C.,$)$2'$2'2.(.E'$:$)-"B.?$2-$E'.'1.'.2-">*.'($?&),.)".'.-$2"$2#$E'$2'1.'F*$'#$'
$I$,)K.'($':&,?.'(",$)-.'$1'C&($,'C&,'1&#'"2("B"(*&#').C.)"-.(&#'I*,K(").?$2-$'C.,.'
#*'$I$,)")"&E'B.,&2$#'2.)"(&#'($'C.(,$';'?.(,$'.-$2"$2#$'?.;&,$#'($'UX'.%&#<'R$'
-,.-.E ' C&, ' $1 ' )&2-,.,"&E ' ($ ' >&+"$,2&# ' ,$C,$#$2-.-"B&#E ' *2. ' $#C$)"$ ' ($ ' &1">.,F*K.#'
$1$>"(.#E'-.1';')&?&'1.#'8.+,K.2'($2&?"2.(&E'2&'#"2',.362E'1&#'C,&C"&#'>,"$>&#<
D.'($?&),.)".'.-$2"$2#$',$#*1-.'.($?H#'C&)&',$C,$#$2-.-"B.'($1'C.2&,.?.'
C&1K-")&'($'1.#'C&1"#'>,"$>.#<'R*'C&+1.)"62E'?*)8&'?.;&,'F*$'1.'($')*.1F*"$,'&-,&'
$#-.(& ' #"2>*1.,E ' ; ' #* ' $c-$2#"62 ' -$,,"-&,".1E ' -.?+"L2 ' ?*; ' C&, ' $2)"?. ' ($ ' 1. ' ?$(".'
>,"$>.E ' 1$ ' &-&,>.,&2 ' *2.# ' C&#"+"1"(.($# ' $2&,?$# ' ($2-,& ' ($1 ' -$,,$2& ' ?"1"-., ' C.,.'
$I$,)$, ' *2. ' C&1K-"). ' $c-$,"&, ' .>,$#"B. ' ($ ' ?.,).(& ' ).,H)-$, ' $cC.2#"&2"#-.< ' D.'
$cC1&-.)"62'($'$#-.#'B$2-.I.#E')&?&'1.',$)$C)"62'($1':.?&#&'-,"+*-&'($'1&#'.1".(&#E'
)&2'$1'F*$':"2.2)".+.2'$1'#"#-$?.'($?&),H-")&';'1.#')&#-&#.#'&+,.#'CJ+1").#E';'#*'
8$>$?&2K.')&?$,)".1E':.)"1"-.(.'C&,'#*'(&?"2"&'($'1&#'?.,$#E')&?+"2.(.')&2'#*#'
C,&C"&#',$)*,#&#'$c-,.K(&#'($'1.#'?"2.#'($'C1.-.'($'D.*,"62E')$,).'($1':.?&#&').+&'
R*2"62E ' )&2B",-"$,&2 ' . '0-$2.# ' $2 ' $1 ' $#-.(& ' ?H# ' ,")& ' ; ' C&($,&#& ' ($1 ' C.2&,.?.'
8$1L2")&'.2-$#'($'1.'.C.,")"62'$2'$#)$2.'($1',$"2&'?.)$(&2"&'($'1.'?.2&'($'M"1"C&'
55E ' $1 ' C.(,$ ' ($ '01$I.2(,& ' S.>2&< ' R* ' ,$1.-"B. ' $#-.+"1"(.( ' C&1K-").E ' $2 ' )&2-,. ' ($ ' 1.'
2&,?.'"?C$,.2-$'$2'1.'?.;&,K.'($'$#-.(&#'>,"$>&#E'F*$'&#)"1.+.2')&2-"2*.?$2-$'
$2-,$'1.'&1">.,F*K.';'1.'($?&),.)".E')&2#-"-*;6'-.?+"L2'*2'8$)8&'"2*#*.1'($2-,&'($'1.'
C&1K-").'>,"$>.<
D.'$cC$,"$2)".'.-$2"$2#$')&2#-"-*;$'.#K'*2'8$)8&'$c)$C)"&2.1'($2-,&'($'*2'
?*2(&'>,"$>&')&2#-"-*"(&'C&,'*2.'?*1-"C1")"(.('($'C$F*$%&#'$#-.(&#'($'("?$2#"&2$#'
-$,,"-&,".1$#',$(*)"(.#';')&2'*2.'C&+1.)"62'F*$'.C$2.#'.1).23.+.'$2'1.'?.;&,K.'($'
1&# ' ).#&# ' 1&# ' ?"1 ' 8.+"-.2-$#< ' D. ' C,&B$,+".1 ' $#).#$3 ' ($ ' ,$)*,#&# ' ; ' $1 ' -.?.%&'
?"2J#)*1& ' ($ ' #* ' C&-$2)".1 ' ?"1"-., ' _*2. ' )"*(.( ' "?C&,-.2-$ ' ($2-,& ' ($1 ' )&2-$c-&'
C&1K-")& ' >,"$>& ' )&?& ' b1.-$. ' $2 ' \$&)". ' #61& ' C&(K. ' C&2$, ' $2 ' C"$ ' ($ ' >*$,,. ' .'
#$"#)"$2-&# ' 8&?+,$#_ ' 1"?"-.,&2 ' ($ ' :&,?. ' )&2#"($,.+1$ ' 1.# ' C&#"+"1"(.($# ' ($'
.)-*.)"62 '($ '1.'>,.2' ?.;&,K. '($'1.#' C&1"# '>,"$>.#E 'F*$ '#$' B$K.2'.#K'&+1">.(.#' .'
1*)8., ' )&2#-.2-$?$2-$ ' C&, ' 1. ' ($:$2#. ' ($ ' #* ' -$,,"-&,"& ' ; ' 1. ' )&2#$,B.)"62 ' ($ ' #*'

)'

.*-&2&?K.':,$2-$'.'1.#'.?+")"&2$#'$cC.2#"&2"#-.#'($'$#-.(&#'?H#'C&($,&#&#')&?&'
0-$2.#E'4#C.,-.'&'0,>&#E'F*$')&2#-"-*;$2'?H#'1.'$c)$C)"62'F*$'1.',$>1.'($2-,&'($1'
C.2&,.?.'>1&+.1'($'1.'C&1K-").'>,"$>.<

31&'/*$42#10&$%51'$*1'142#"*+&+')&,41&+

41 ' 2"B$1 ' ($ ' 2*$#-,&# ' )&2&)"?"$2-&# ' #&+,$ ' 1&# ' .2-">*&# ' >,"$>&# ' 8. ' "(&'
.*?$2-.2(&'($':&,?.')&2#"($,.+1$')&2'$1'C.#&'($1'-"$?C&<'h&;'$2'(K.'$#-.?&#'$2'
?$I&,$# ' )&2(")"&2$# ' ($ ' B.1&,., ' .($)*.(.?$2-$ ' .1>*2&# ' C$,K&(&# ' ($ ' 1. ' 8"#-&,".'
>,"$>.E ' )&?& ' 1. ' ($2&?"2.(. '$(.( ' &#)*,.E ' F*$ ' )"2)*$2-. ' .%&# '.2-$#E ' )*.2(& ' #$'
),$K. 'F*$ '#$' 8.+K.' C,&(*)"(&' *2. ',*C-*,. '-&-.1' )&2 '$1'C.#.(& '?")L2")& ';'F*$ '1.'
)"B"1"3.)"62 ' >,"$>. ' .,)."). ' 8.+K. ' -$2"(& ' F*$ ' )&?$23., ' ($ ' 2*$B& ' #&+,$ ' +.#$#'
)&?C1$-.?$2-$'(":$,$2-$#<'41'C,&C"&'C.#.(&'?")L2")&E'($#)*+"$,-&'C&,'$1'$#-,.:.1.,"&'
;'>$2".1'R)81"$?.22'.':"2.1$#'($1'#">1&'d5dE'8.'#"(&')&2#"($,.+1$?$2-$',$$B.1*.(&'
$2'1&#'J1-"?&#'.%&#'($1'#">1&'dd'.'1.'1*3'($'1.'"2:&,?.)"62'C,&C&,)"&2.(.'C&,'1.#'
-.+1"11.#'$#),"-.#'$2'1"2$.1'\E'F*$'#$'C*$($2'1$$,')&2')"$,-.')&2:".23.'#61&'($#($'1&#'
.%&#')"2)*$2-.E')*.2(&'$1'.,F*"-$)-&'"2>1L#'S")8.$1'i$2-,"##'($#)":,6'#*'$#),"-*,.'
C.,.'.B$,">*.,'F*$'-,.2#),"+K.'*2.':&,?.'?*;'.,).").'($'1.'1$2>*.'>,"$>.<'R$'8.2'
C,&(*)"(&'-.?+"L2'($#-.).(&#'.B.2)$#'($2-,&'($'1&#'C$,K&(&#'?H#'-,.(")"&2.1$#'($'
1. ' 8"#-&,". ' >,"$>.E ' )&?& ' $1 ' .,).")& ' & ' $1 ' 8$1$2K#-")&E ' >,.)".# ' . ' 1. ' (&)*?$2-.)"62'
C,&C&,)"&2.(.'$2'$1'C,"?$,').#&'C&,'1.#'$c).B.)"&2$#'.,F*$&16>").#';'#*'1$)-*,.'
?H# ' )&2-$c-*.1"3.(. ' ; ' $2 ' #$>*2(& ' C&, ' 1. ' .+*2(.2-$ ' "2:&,?.)"62 ' ($ ' 1&# ' C.C",&#'
$>"C)"&# ' F*$ ' 8.2 ' )&2B$,-"(& ' $1 ' 4>"C-& ' ($ ' 1&# ' T&1&?$&# ' $2 ' *2. ' ($ ' 1.# ' H,$.#'
C,"B"1$>".(.# ' ($ ' $#-*("& ' ($ ' 1. ' 8"#-&,". ' ($1 ' ?*2(& ' .2-">*& ' C&, ' 1. ' #&,C,$2($2-$'
?"2*)"&#"(.('($'1&#'(.-&#'F*$'#$'C&#$$2'#&+,$'?*)8&#'.#C$)-&#'($'#*'$)&2&?K.'&'
($1':*2)"&2.?"$2-&')&2),$-&'($'#*'#&)"$(.(<'52)1*#&'1.'LC&).')1H#").E'1.'($2&?"2.(.'
-,.(")"&2.1?$2-$'$(.('($'b$,")1$#E'F*$'8.'>&3.(&'#"$?C,$'($'*2.').#"'"2("#)*-"+1$'
8$>$?&2K.'$2'1&#'$#-*("&#'?&($,2&# '#&+,$'1. 'N,$)". '.2-">*.E'8. '$cC$,"?$2-.(&'
,$)"$2-$?$2-$')"$,-&#').?+"&#'>,.)".#'.'2*$B.#'1$)-*,.#'($'1.#':*$2-$#'("#C&2"+1$#'
?$2&# ' "2:1*"(.# ' C&, ' 1&# ' C,&C"&# ' C,$I*")"&# ' ($ ' 1. ' "($&1&>K. ' .-$2"$2#$ ' F*$ ' 8.'
-,.#C.#.(&')&2'Lc"-&'1.'+.,,$,.'($'1&#'#">1&#<
R"2'$?+.,>&E'.*2')&2'-&(&#'$#-&#'.B.2)$#'F*$'2&#'C$,?"-$2'.)$,).,2&#'8&;'
$2'(K.')&2'?*)8.'?.;&,')&2:".23.'.1'C.#.(&'>,"$>&'F*$'$2'-"$?C&#'C,$)$($2-$#E'1&'
)"$,-& ' $# ' F*$ ' #">*$2 ' $c"#-"$2(& ' 2*?$,&#.# ' 1.>*2.# ' ; ' 1"?"-.)"&2$# ' $2 ' 2*$#-,.'
"2:&,?.)"62<'!$'$2-,.(.'("#C&2$?&#'-.2'#61&'($'*2.'?K2"?.'C.,-$'($'1.'1"-$,.-*,.'
>,"$>.'$#),"-.'$2'#*'?&?$2-&E'F*$'.C$2.#'.1).23.'.'*2'OPr'($1'-&-.1<'4#')"$,-&'F*$'
1.'#$1$))"62'$:$)-*.(.'2&'8.'#"(&').#*.1E';.'F*$'C&#$$?&#'.'h&?$,&';'1&#'>,.2($#'
-,H>")&#'.-$2"$2#$#E'.'h$,6(&-&';'T*)K("($#'C,H)-").?$2-$'.1')&?C1$-&';'*2.'+*$2.'
C.,-$'($1'1$>.(&':"1&#6:")&'($'1.#'$#)*$1.#'($'b1.-62';'0,"#-6-$1$#<']&'&+#-.2-$E'1.#'
1.>*2.# ' #&2 ' 2*?$,&#.#E ' )&?& ' C*$($ ' .C,$)".,#$ ' $2 ' $#&# ' ?"#?&# ' ).?C&#< ' !$1'
>L2$,&'LC")&'#61&'8.2'#&+,$B"B"(&'8.#-.'2&#&-,&#'1&#'(&#'C&$?.#'8&?L,")&#';'1&#'
(&#'($'h$#K&(&E'($I.2(&'$2'$1'&1B"(&'&-,&#')")1&#'LC")&#'"?C&,-.2-$#')&?&'$1'-$+.2&'
&'.)&2-$)"?"$2-&#'?"-&16>")&#':*2(.?$2-.1$#')&?&'1.#'8.3.%.#'($'h$,.)1$#'&'1.'
$cC$(")"62 '($ '1&# '0,>&2.*-.#E 'F*$ ' :*$,&2 '-.?+"L2 ' $2 '#* ' (K. ' -$?. 'C,$:$,$2-$ '($'

)(

C&$?.# ' ($ ' $#-. ' K2(&1$< ' D. ' C&$#K. ' 1K,"). ' ,$C,$#$2-. ' C.,. ' 2&#&-,&# ' -.2 ' #61& ' *2'
"2?$2#&').?C&'($',*"2.#'($1'F*$'$?$,>$2')&2'B"(.'C,&C".'.1>*2&#'2&?+,$#')&?&'
0,F*K1&)&'($'b.,&#'&'R.:&'($'D$#+&#E'.*2F*$'2&-.+1$?$2-$'($#$2).I.(&#'($'#*'
C,&C"&')&2-$c-&'8"#-6,")&';'.,-K#-")&<'42'$1'-$.-,&'("#C&2$?&#'#61&'($'*2.'?K2"?.'
C.,-$'($1',$C$,-&,"&'($'1&#'>,.2($#'.*-&,$#E'#"$-$'&+,.#'$2'1&#').#&#'($'4#F*"1&';'
R6:&)1$#';'("$)"2*$B$'$2'$1'($'4*,KC"($#E')*.2(&'#.+$?&#'F*$')&?C*#"$,&2')$,).'
($'*2')$2-$2.,').(.'*2&'($'$11&#<'D.')&?$(".'.2-">*.E'-.2'"?C&,-.2-$')&?&':*$2-$'
($'"2:&,?.)"62'C.,.'1.'B"(.')&-"(".2.'($'0-$2.#E'8.'F*$(.(&',$(*)"(.'C.,.'2&#&-,&#'
.'1.#'&2)$'&+,.#'F*$')&2#$,B.?&#'($'0,"#-6:.2$#';'.'*2.'#$,"$'($'2&?+,$#'F*$'#&2'
"1*#-,.(&#')&2'.1>J2':,.>?$2-&'C&)&'#">2":").-"B&'($'*2')&2I*2-&'?*)8&'?H#',")&';'
("2H?")& ' F*$ ' #$ ' 8. ' C$,("(& ' ($ ' :&,?. ' ",,$?$(".+1$< ' D. ' 8"#-&,". ' ($1 ' #">1& ' 5i ' .<aE'
)*.2(&':1&,$)"$,&2'.*-&,$#'($'1.'-.11.'($'g:&,&E'$1'C,"?$,&'F*$')&?C*#&'*2.'8"#-&,".'
*2"B$,#.1E ' & ' T$&C&?C&E ' F*$ ' )$2-,6 ' #* ' 8"#-&,". ' ($1 ' C$,K&(& ' #&+,$ ' 1. ' :">*,.'
$?+1$?H-").'($'M"1"C&'55'($'S.)$(&2".E'#$'1"?"-.'.'*2.'#$,"$'($')"-.#')*;.'?$,.'
$c"#-$2)". ' C1.2-$. '($ ' 8$)8& ' 2*$B.# ')*$#-"&2$# ' $2 ' 1*>., ' ($ '.C&,-., ' #&1*)"&2$# '.'
2*$#-,&#'B"$I&#'"2-$,,&>.2-$#<
D. ' :"1&#&:K. ' )1H#").E ' .C.,$2-$?$2-$ ' +"$2 ' ,$C,$#$2-.(. ' $2 ' 1&# ' 2&?+,$# ' ($'
b1.-62 ' ; ' 0,"#-6-$1$# ' F*$(.E ' -,.# ' *2 ' $c.?$2 ' ?H# ' ($-$2"(&E ' ,$(*)"(. ' -.?+"L2 ' .'
$#)&?+,&#E'.*2F*$E'$#&'#KE'.1>&'?H#'C,$#$2-.+1$#<'D.#'(&)-,"2.#'.#&)".(.#')&2'#*#'
2&?+,$# ' #&2 ' $2 ' &).#"&2$#E ' )&?& ' 2&# ' 8. ' ,$)&,(.(& ' N$&::,$; ' D1&;(E ' $1 ' >,.2'
$#C$)".1"#-.'$2'1.'8"#-&,". '($'1.':"1&#&:K. ';'1.')"$2)".'.2-">*.E'$1'C,&(*)-&':"2.1'($'
)&?C1$I&#'($#.,,&11&#'"2-$1$)-*.1$#'F*$'-"$2$'#61&'*2'&,">$2'.C$2.#',$)&2&)"+1$'$2'
1&#'C,&C"&#':"16#&:&#E'($':&,?.'F*$'-$2$?&#'1.'"?C,$#"62'($'$#-*(".,'.'?$2*(&'2&'
-.2-& ' 1. ' 8"#-&,". ' ($ ' 1.# ' "($.# ' F*$ ' #$ ' &,">"2.,&2 ' $2 ' $1 ' ?*2(& ' .2-">*& ' )&?& ' #*'
?"-&1&>K.<'!$'b1.-62'-.2'#61&')&2#$,B.?&#E'$2'$:$)-&E'1.#'&+,.#'F*$'"+.2'(",">"(.#'.1'
$2-&,2&'"2?$(".-&'($'#*#'("#)KC*1&#E'1&'F*$'$cC1").'1.'.*#$2)".'($#$#C$,.2-$'($'
)*.1F*"$,').,H)-$,'#"#-$?H-")&';'$1'F*$'2&'C,$#$2-$2'.'1&#'&I&#'($1'2&'"2")".(&E'$#'
($)",'($'-&(&#'2&#&-,&#E'1&#',.#>&#'($:"2"-&,"&#'($'*2'-,.-.(&'&,>.2"3.(&<'D.#'&+,.#'
($'0,"#-6-$1$#'#&2E'C&,'#*'1.(&E'-.2'#61&'$1',$#*1-.(&'($'1.'($(").)"62'C*$#-.'C&,'
.1>*2&#'($'#*#'("#)KC*1&#'.'1.'8&,.'($',$)&>$,'1&#'C$2#.?"$2-&#':*2(.?$2-.1$#'($1'
?.$#-,&E '*2. '$#C$)"$' ($ '.C*2-$#E 'C&,' -.2-&E' ($#)&2-$c-*.1"3.(&# '$' "2)&8$,$2-$#E'
:,*-&'($'$#-.'C.,-")*1.,',$(.))"62'F*$'2*2).':*$'1.'$cC&#")"62'?$("-.(.'($'#*'.*-&,'
&,">"2.1<'41',$#-&'($'1.#'$#)*$1.#E'$#-&")&#E'$C")J,$&#E')K2")&#'&'$#)LC-")&#E'#&2'-.2'
#61&'*2.')&1$))"62'($')"-.#'"2(",$)-.#E'($'-$#-"?&2"&#'C&#-$,"&,$#';'-.,(K&#'F*$'8.2'
.(F*","(&'.2-$'1.'#"-*.)"62'($'$#).#$3';'C$2*,".'$2'F*$'2&#'$2)&2-,.?&#'*2'B.1&,'.'
B$)$#'($#?$("(&';':*$,.'($')&2-$c-&<
D.'1"#-.'($'.*-&,$#';'&+,.#'C$,("(.#'($'1.#'F*$'1.'-,.(")"62'8.')&2#$,B.(&'1.'
?$?&,". ' $# ' )&2#"($,.+1$ ' $2 ' -&(&# ' 1&# ' ).?C&#< ' \.#-. '$)8., '*2 ' #"?C1$ ' B"#-.3&' .'
.1>*2.'($'1.#'>,.2($#'&+,.#'($'1.'$,*(")"62':"1&16>").'.1$?.2.'($')&?"$23&#'($1'ddE'
)&?&'1.'-&(.BK.'"?C,$#"&2.2-$')&1$))"62'($':,.>?$2-&#'($'1&#'8"#-&,".(&,$#'>,"$>&#'
C$,("(&#',$)&C"1.(.'C&,'ML1"c'7.)&+;E'C.,.')&?C,&+.,'8.#-.'F*L'C*2-&'2&#'8.11.?&#'
$2 ' *2. ' #"-*.)"62 ' ($ ' ($#.?C.,& ' . ' 1. ' 8&,. ' ($ ' $c-,.$, ' "2:&,?.)"&2$# ' ($ ' .*-&,$#'
($#-.).(&#E ' F*$ ' 8.2 ' F*$(.(& ' ,$(*)"(&# ' . ' #"?C1$# ' 2&?+,$# ' ; ' *2&# ' C&)&#'
:,.>?$2-&#'($'#*'&+,.E'11$>.(&#'8.#-.'2&#&-,&#'.'-,.BL#'($').*)$#'C,&+1$?H-")&#';'
8$-$,&>L2$&#E')&?&'#&2'1.#'?$2)"&2$#'($#)&2-$c-*.1"3.(.#'($'.1>*2.#'&+,.#'($'1.'
02-">l$(.('-.,(K.')&?&'$1'<"2=9)()#+)#&'/#/"$%'/'($'0-$2$&'&'1.#'>'*-)/#?(%*"/'($'
0*1&'N$1"&E'$2'1.#'F*$'1.')"-.'($'#$>*2(.'&'-$,)$,.'?.2&'8.'F*$(.(&E'.($?H#E'
#*+#*?"(.'($2-,&'($1'C,&C"&')&2-$c-&'1"-$,.,"&'($'1.'&+,.'$2')*$#-"62E')*;&#'.*-&,$#'

!*

2& ' C&#$K.2 ' 2" ' ?*)8& ' ?$2&# ' 1&# ' ?"#?&# ' &+I$-"B&# ' )"$2-K:")&# ' 2" ' 1. ' C.)"$2-$ ' ;'
$#),*C*1&#. ' ($(").)"62 ' ($1 ' )"-.(& ' 7.)&+;< ' 4#& ' C&, ' 2& ' ?$2)"&2., ' 1&# ' 1Lc")&# ' &'
$2)")1&C$(".#'-&(.BK.'?H#'-.,(K&#'F*$'.1).23.2'8.#-.'1.'LC&).'+"3.2-"2.E'$2'1&#'F*$'
1.'p(">$#-"62q'($'1.'1"-$,.-*,.')1H#").'8.'($+"(&'#$>*",'*2&#'C,&)$#&#'-&(.BK.'?*)8&'
?H#')&?C1$I&#';'($>,.(.2-$#'F*$'2&#'.C.,-.2'*2'C&)&'?H#'($1'#*C*$#-&'&,">"2.1'
F*$'2&#'.:.2.?&#E'?*)8.#'B$)$#'"2J-"1?$2-$E'C&,',$)&2#-,*",<'s.').#"'2.("$'#&#-"$2$'
8&; ' $2 ' (K. ' 1. ' "2>$2*. ' #*C&#")"62 ' ($ ' F*$ ' 1&# ' .*-&,$# ' -.,(K&# ' & ' ($ ' )*.1"(.('
#$)*2(.,".E'F*$'2&':">*,.+.2'$2'1.#'.2-&1&>K.#'($'1.'1"-$,.-*,.'>,"$>.E')&?&'!"&(&,&E'
0C".2&E ' 41".2& ' & ' $1 ' ;. ' ?$2)"&2.(& ' 0-$2$&E ' 2& ' C&#$K.2 ' #*# ' C,&C"&# ' &+I$-"B&#'
1"-$,.,"&#E'C&,'?&($#-&#'F*$':*$,.2E';'F*$E'C&,'-.2-&E'#$'1"?"-.,&2'.')&C".,'#"2'?H#'1&#'
C.#.I$# ' #$1$))"&2.(&# ' ($ ' 1.# ' &+,.# ' ($ ' .*-&,$# ' .2-$,"&,$# ' F*$ ' 1$# ' #",B"$,&2 ' ($'
"2#C",.)"62'&'($':*$2-$'($')&2&)"?"$2-&#<'R.+$?&#'?H#'+"$2E'C&,'$1')&2-,.,"&E'F*$'
C,&)$("$,&2'.'*2.'B$,(.($,.',$$1.+&,.)"62'($'$#&#'?.-$,".1$#'C,"?.,"&#'$c-,.K(&#'
($ ' &+,.# ' C,$)$($2-$# ' 8.#-. ' *2 ' >,.(& ' F*$ ' 1&# ' 8. ' ($I.(& ' C,H)-").?$2-$'
",,$)&2&)"+1$#< ' D. ' :.?&#. '@9)&&)2A'./*-92B' =p"2B$#-">.)"62 ' #&+,$ ' 1.# ' :*$2-$# ' ($'
"2:&,?.)"62q@E'F*$'#*#)"-6'1&#'?.;&,$#'$2-*#".#?&#'$2'1.'C.,-$':"2.1'($1'#">1&'d5d'
$2-,$ ' 1&# ' :"161&>&# ' .1$?.2$# ' ?H# ' ,$)&2&)"(&#E ' 8. ' C,&(*)"(& ' ,$#*1-.(&# ' C&)&'
)&2#"#-$2-$#<'D.'($-$,?"2.)"62'($'1.'C,&)$($2)".'C,$)"#.'($'*2.'"2:&,?.)"62'&'($'
*2'C.#.I$')&2),$-&'#$'8.',$B$1.(&')&?&'*2.'-.,$.'C,H)-").?$2-$'"?C&#"+1$E'(.(.#'
1.#')&2(")"&2$#'$2'F*$'-,.+.I.+.2'1&#'.*-&,$#'.2-">*&#'$2'*2'?*2(&'#"2'1"+,&#E'$2'$1'
F*$'1.')"-.'$c.)-.'2&',$#*1-.+.':.)-"+1$E';.'F*$',$F*$,K.'*2.',$1$)-*,.'($'-&(.'1.'&+,.'
=8.+K.'F*$'B&1B$,'.'($#$2,&11.,'$1',&11&'($'C.C",&@E';'$2'$1'F*$'2&'#$'C,&(">.+.2'_
?H#'+"$2'-&(&'1&')&2-,.,"&_'1.#')"-.#'.'1.'?.2$,.'($'2*$#-,.#'?&($,2.#'2&-.#'.'C"$'
($'CH>"2.'F*$',$)&2&)$2'1.'C.-$,2"(.('($'*2.'2&-")".<'D.'C,$#$2)".'$#C&,H(").'($'
.1>*2&# '2&?+,$#'$#C.,)"(&#'C&,'$1'-$c-&'-.?C&)&',$C,$#$2-.'2"2>*2.'B$2-.I.'$2'
$#-$'#$2-"(&E'(.(&'F*$').#"'2*2).'-$2$?&#'.+#&1*-.'#$>*,"(.('.'1.'8&,.'($'($1"?"-.,'
1.'$c-$2#"62')&2),$-.'($'1.')"-.'$2')*$#-"62'=t($#>,.)".(.?$2-$'2&'*-"1"3.+.2'1.#'
)&?"11.#'-.2'J-"1$#'$2'$#-$'-$,,$2&u@'2"'-$2$?&#')&2#-.2)".':",?$'($'1.'$c"#-$2)".',$.1'
($1'.*-&,'?$2)"&2.(&')&?&':*$2-$E'F*$'C&(,K.'-,.-.,#$'($'*2.'?$,.'"2B$2)"62')&2'$1'
:"2'($'1$>"-"?.,')&2'1.'CH-"2.'($'1&'.2-">*&'*2')&2-$2"(&'C*,.?$2-$':")-")"&<
0'1.'$#).#$3'($'2*$#-,&#'-$#-"?&2"&#';'#*')&2(")"62':,.>?$2-.,". '8.;'F*$'
.%.(",'$1').,H)-$,'1"-$,.,"&'($'1.'?.;&,K.'($'$11&#E';.'F*$'1.'1"-$,.-*,.'>,"$>.'$2'#*'
)&2I*2-&')&2-"2J.'#"$2(&'2*$#-,.'C,"2)"C.1':*$2-$'($'"2:&,?.)"62'#&+,$'.F*$1'?*2(&<'
0'(":$,$2)".'($'1&'F*$'#*)$($'$2'1.'C,H)-").'8"#-&,"&>,H:").')&,,"$2-$'$2'$1'$#-*("&'($'
&-,&#'C$,K&(&#E'F*$'*-"1"3.2'($':&,?.'C,"&,"-.,".'"2:&,?.)"&2$#'$c-,.K(.#'($'.,)8"B&#';'
(&)*?$2-&#E'$2'$1').#&'($'N,$)".'8$?&#'($'BL,2&#1.#'8.+"-*.1?$2-$')&2'&+,.#'($'
*2. ' #&:"#-").(. ' $1.+&,.)"62 ' )*;& ' &+I$-"B& ' C,"2)"C.1 ' 2& ' $# ' ,$:1$I., 'C*2-*.1?$2-$ ' 1.'
,$.1"(.(')",)*2(.2-$<'D.'-,.2#C.,$2)".'$2-,$'1.'C.1.+,.'$#),"-.';'$1'?*2(&'=$)(1))2 #
(-)#1'.+#"2+#(-)#1'.&+')&?&'#$%.1.'5,$2$'o"2-$,@'2&')&2#-"-*;$'2"'?*)8&'?$2&#'1.'
2&,?. ' 8.+"-*.1< ' b&, ' $1 ' )&2-,.,"&E ' $2-,$ ' .?+&# ' #*$1$ ' $c"#-", ' -&(. ' *2. ' +.,,$,.E ' .'
?$2*(&'"2:,.2F*$.+1$E')&?C*$#-.'C&,'1&#',$F*$,"?"$2-&#'($1'>L2$,&E'C&,'1&#'-6C")&#'
?.2$I.(&# ' ($2-,& ' ($1 ' ?"#?&E ' C&, ' 1. ' $:").)". ' ,$-6,"). ' ($1 ' ?$2#.I$ ' ; ' C&, ' 1.'
?.2"C*1.)"62 ' C$,#&2.1E ' )&2#)"$2-$ ' & ' 2&E ' ($ ' *2. ' $cC$,"$2)". ' ,$.1 ' F*$ ' 2*2). ' $#'
C$,)"+"(.'($'1.'?"#?.':&,?.'2"'.:$)-.'C&,'">*.1'.'-&(.#'1.#'#$2#"+"1"(.($#<'0*2F*$'1.'
*-"1"3.)"62'($'1.'1"-$,.-*,.')&?&':*$2-$'($'"2:&,?.)"62'8"#-6,").')&2#-"-*;$'*2'8$)8&'
:,$)*$2-$ ' $2 ' ).#" ' -&(.# ' 1.# ' LC&).#E ' 1& ' )"$,-& ' $# ' F*$ ' 2*$#-,. ' "?.>$2 ' ($ ' 1. ' B"(.'
)&-"(".2.';'($'1&#'C,&+1$?.#'#&)".1$#'($'1.'4#C.%.'($1'#">1&'d5d'2&'#$,K.'1.'?"#?.'#"'
1. ' +.#H,.?&# ' ).#" ' $2 ' $c)1*#"B. ' $2 ' 1.# ' 2&B$1.# ' ($ ' N.1(6#E ' #"2 ' )&2-., ' )&2 ' 1.'

!)

.+*2(.2-$'(&)*?$2-.)"62'F*$'C&#$$?&#'C,&)$($2-$'($'&-,.#'"2#-.2)".#')&?&'1&#'
C$,"6(")&#'($'1.'LC&).'&'1&#'.,)8"B&#'(&)*?$2-.1$#E'?H#')$,).2&#'2$)$#.,".?$2-$'
. ' 1. ' ,$.1"(.( ' ($ ' #* ' -"$?C& ' #"2 ' $1 ' >,.(& ' -.2 ' >,.2($ ' ($ ' $#-"1"3.)"62 ' ; ' ,$),$.)"62'
C$,#&2.1'F*$')&?C&,-.'C&,'($:"2")"62'*2.'&+,.'1"-$,.,".<'4#-.'#"-*.)"62 '"?.>"2.,".'
B"$2$ ' . ' #$, ' ).#" ' 1. ' 2&,?. ' $2 ' $1 ' ).?C& ' ($ ' 1. ' 8"#-&,". ' ($ ' 1. ' N,$)". ' .2-">*.< ' ]&'
)&2#$,B.?&# '?H#' F*$' $#).#&#' ,$#-&#'($' 1& 'F*$ 'C&(,K.?&# '($2&?"2., '($' :&,?.'
>$2$,&#. ' .,)8"B&# ' ($ ' 1. ' LC&). ' $2 ' :&,?. ' ($ ' "2#),"C)"&2$#E ' $2 ' +*$2. ' C.,-$'
($:$)-*&#.# ' ; ' :,.>?$2-.,".#E ' ; ' #61& ' ("#C&2$?&# ' ($ ' $#)*$-&#E ' ; ' $2 ' &).#"&2$#'
)&2:*#&#E'"2(")"&#'($'#*'B"(.')&-"(".2.'.'-,.BL#'($'1&#',$#-&#'?.-$,".1$#',$)*C$,.(&#'
C&,'1.'.,F*$&1&>K.<'!$'$#-.':&,?.E'$1'>,*$#&'($'2*$#-,.'(&)*?$2-.)"62'1&')&?C&2$2'
-&(.BK.'1.#'&+,.#'1"-$,.,".#'F*$'8.2'11$>.(&'8.#-.'2&#&-,&#'.'-,.BL#'($'*2'1.,>&';'
)&?C1").(&'C,&)$#&'($'-,.#?"#"62'$2'$1'F*$'#$'?$3)1.2'1.'#$1$))"62'&C$,.(.'$2'
).(. ' LC&). ' . ' 1. ' 8&,. ' ($ ' $1$>", ' 1.# ' &+,.# ' . ' )&C".,E ' 1.# ' :.1-.# ' ($ ' 1&# ' )&C"#-.#'
#*)$#"B&#E'1.#'"2-$,C&1.)"&2$#';'>1&#.#'F*$'8.2'($I.(&'*2.'8*$11.'?H#'&'?$2&#'
B"#"+1$'$2'1.'C,&C".'"2-$>,"(.('($1'-$c-&';'1.#'2*?$,&#.#'1.>*2.#';'C.#.I$#')&,,*C-&#'
F*$ ' ($1.-.2 ' 1.# ' (":")*1-.($# ' ($ ' 1$)-*,. ' ;' )&?C,$2#"62 ' F*$ ' #$ ' B"$2$2 ' .,,.#-,.2(&'
($#($'-"$?C&#'C.#.(&#<
D. ' 1"-$,.-*,. ' >,"$>. ' 2& ' )&2#-"-*;$ ' *2. ' (&)*?$2-.)"62 ' 8"#-6,"). ' 2$*-,. ' ;'
($#"2-$,$#.(.E'C,$#-.'.'#$,'*-"1"3.(.')&?&':*$2-$'($'"2:&,?.)"62'&+I$-"B.'$'"?C.,)".1'
#"2'C.,.,'.-$2)"62'.'1.#'"?C&,-.2-$#')*$#-"&2$#'($':&,?.';'($')&2-$2"(&'F*$'1"?"-.2'
#* ' B.1&, ' "2:&,?.-"B&< ' a.(. ' -$c-& ' #$ ' 2&# ' C,$#$2-. ' )&?& ' *2 ' ,$1.-& ' )&2 ' #* ' C,&C".'
.,F*"-$)-*,. ' ; ' #* ' 16>").E ' F*$ ' #$ ' ($#C1"$>. ' $2-,$ ' $1 ' 2.,,.(&, ' ; ' $1 ' ($#-"2.-.,"& ' $'
"2-$,.)-J.'.($?H#'-.?+"L2')&2',$1.)"62'.'&-,&#'-$c-&#E')&2-$?C&,H2$&#'&'2&E'.'*2'
>L2$,&E'.'-&(&'*2'#.+$,')&?C.,-"(&E';'#$'"2#),"+$E')*.2(&'#$'C*+1").E'$2'1&'F*$'1.'
)&,,"$2-$'$#-L-").'($'1.',$)$C)"62'8.'($2&?"2.(&'p*2'8&,"3&2-$'($'$cC$)-.-"B.q<'0'
$#-.'("?$2#"62'8&,"3&2-.1'($1'-$c-&'8.;'F*$'#*?.,'-.?+"L2'&-,.'($').,H)-$,'B$,-").1E'
(.(& ' F*$ ' $1 ' -$c-& ' C&#$$ ' -.?+"L2 ' #* ' C,&C". ' 8"#-&,".E ' )&2),$-.(. ' $2 ' )*$#-"&2$#'
+H#").#')&?&'1.':&,?.'($'#*'-,.#?"#"62E'$1'-"C&'($'1$)-&,$#'.'F*"$2'"+.'(",">"(&E'1.'
:"2.1"(.('($'1.'&+,.'$'"2)1*#&'1.#'(":$,$2-$#'"2-$,C,$-.)"&2$#'($'$11.'F*$'8.2'?$(".(&'
8.#-.'2&#&-,&#<'f2.'C1*,"("?$2#"&2.1"(.(E'$2'#*?.E'F*$'2&'C$,?"-$'F*$'1&#'-$c-&#'
#$.2'-,.-.(&#'($'?.2$,.'"2>$2*.')&?&'#"?C1$#':*$2-$#'("#C*$#-.#'.'C,&C&,)"&2.,'
"2:&,?.)"62' C*2-*.1E' B$,.3';' &+I$-"B. '.1'8"#-&,".(&,' ("#C*$#-& '. '*-"1"3.,1.# '($ '$#-.'
:&,?.<
D&#'C&$?.#'8&?L,")&#E'F*$'1&#'($#)*+,"?"$2-&#'($'R)81"$?.22'$2'T,&;.';'
S")$2.# ' C.,$)"$,&2 ' )&2#.>,., ' )&?& ' :*$2-$ ' 8"#-6,"). ' ($ ' C,"?$, ' &,($2 ' #&+,$ ' $1'
C.#.(&'>,"$>&'?H#'.2-">*&E'8.2'#"(&'.#K',$)&2(*)"(&#'.'#*'B$,(.($,.'("?$2#"62'
1"-$,.,".'$2'1&#'$#-*("&#'?H#',$)"$2-$#<'h&;'$2'(K.'#61&'#&2')&2#"($,.(&#')&?&'1.'
,$),$.)"62'C&L-").'($'*2.'LC&).'8$,&").'"($.1'$2'1.'F*$E'($+"(&'.'1.#'$#C$)".1$#'
)",)*2#-.2)".#'($'1.'-,.#?"#"62'LC").E'#$'8.2'$2-,$?$3)1.(&'B.>.#',$?$?&,.)"&2$#E'
($#C,&B"#-.# ' ($ ' -&(& ' B.1&, ' p:H)-")&qE ' ($ ' -"$?C&# ' C.#.(&# ' F*$ ' C&(,K.2 ' ,$?&2-.,'
"2)1*#&'8.#-.'$1'#$>*2(&'?"1$2"&<'D.'#&)"$(.(',$),$.(.'$2'1&#'C&$?.#'8&?L,")&#'2&'
#$ ' C.,$)$ ' $2 ' 2.(.E ' $:$)-"B.?$2-$E ' . ' 1. ' F*$ ' C.,$)$ ' B"#1*?+,.,#$ ' . ' -,.BL# ' ($1'
-$#-"?&2"&'?*)8&'?H#'C,&#.")&';',$.1"#-.'($'1.#'-.+1"11.#'($'1&#'C.1.)"&#'?")L2")&#E'
)&2'#*#'"2B$2-.,"&#'($-.11.(&#'($'&+I$-&#'?.2*:.)-*,.(&#E'C,&(*)-&#'.>,K)&1.#';'1.'
?.2& ' ($ ' &+,. ' $2).,>.(. ' ($ ' #* ' :.+,").)"62E ' $1.+&,.)"62 ' ; ' -,.2#C&,-$< ' ].("$'
)&2#"($,.'8&;'$2'(K.'F*$'1.'#&1.'*-"1"3.)"62'($'1.'C&%"+"E')&2'#*#'8L,&$#')&?+.-"$2(&'
$2'+*#).'($'1.'>1&,".';'$1'+&-K2E'C*$(.'#$,B",2&#'($'>*K.E'#"F*"$,.'.C,&c"?.(.E'($'1.'
)&?C1$I. ' ,$.1"(.( ' 8"#-6,"). ' ($ ' 1&# ' ,$"2&# ' ?")L2")&#E ' F*$ ' C,.)-").+.2 ' *2 ' -"C& ' ($'

!!

$)&2&?K. ' C.1.)".1 ' F*$ ' $2)&2-,.?&# ' +"$2 ' (&)*?$2-.(. ' $2 ' $1 ' b,6c"?& ' e,"$2-$'
)&2-$?C&,H2$&E')&?&')&?C&2$2-$#'.)-"B&#'($'*2.')&?*2"(.(')*1-*,.1'"2-$,2.)"&2.1'
($'?H#'.?C1"&#'8&,"3&2-$#'$2'1.'F*$E'.($?H#'($'1.')*$2).'?$("-$,,H2$.'&,"$2-.1E'
C.,-")"C.+.2 ' -.?+"L2 ' 4>"C-& ' ; ' 1.# ' )"B"1"3.)"&2$# ' ?$#&C&-H?").#E ' *2 ' 8$)8& ' F*$'
.C$2.#'#$'B$',$:1$I.(&'$2'$1')*,#&'($'1&#'C&$?.#<
D&#'C&$-.#'1K,")&#'>,"$>&#')&2#-"-*;$2'&-,&'+*$2'$I$?C1&'($'1.#'("#-&,#"&2$#'
F*$ ' #$ ' ($,"B.2 ' ($ ' *2. ' .)$C-.)"62 ' 1"-$,.1 ' ($ ' #*# ' )&2-$2"(&# ' )&?& ' "2:&,?.)"62'
8"#-6,"). ' #"2 ' -$2$, ' $2 ' )*$2-. ' *2 ' :.)-&, ' -.2 ' ($)"#"B& ' )&?& ' 1&# ' )&2(")"&2.2-$# ' ($1'
>L2$,&'*-"1"3.(&<'D.'*-"1"3.)"62',$C$-"-"B.'($'($-$,?"2.(&#'-6C")&#'1"-$,.,"&#E')&?&'1.'
C&#")"62'?.,>"2.1'($1'C&$-.'$2'1.'#&)"$(.(E'8.')&2(*)"(&'.'.1>*2&#'.'1.'C,$-$2#"62'
($ ' F*$ ' )&2-.?&# ' .#K ' )&2 ' $1 ' -$#-"?&2"& ' "2.C,$)".+1$ ' ($ ' C$,#&2.I$# ' ($ ' 1.# ' ).C.#'
"2:$,"&,$#'($'1.'#&)"$(.(E')&?&'$2'$1').#&'($'h"C&2.)-$'($'g:$#&E'F*$'.(&C-.'$1'
C.C$1'($'?$2(">&'($#C,&-$>"(&'F*$'($+$',$)1.?.,')&2#-.2-$?$2-$'1.')&?C.#"62';'
1. ' >$2$,&#"(.( ' ($ ' #*# ' )&2)"*(.(.2&#E ' & ' ($1 ' C,&C"& ' h$#K&(&E ' )&2#"($,.(& ' $2'
&).#"&2$# ' *2 ' ).?C$#"2& ' ($(").(& ' C&, ' )&?C1$-& ' . ' 1.# ' 1.+&,$# ' .>,K)&1.#E ' F*$'
($?*$#-,.')&2&)$,')&2'($-.11$'$2'$1')*,#&'($'#*#'C&$?.#<'D.',$.1"(.('$,.'+"$2'
(":$,$2-$'($'$#-.#'"2>$2*.#'#*C&#")"&2$#<'4#'?H#'F*$'"?C,&+.+1$'F*$'*2'?$2(">&'
-*B"$,.'#"F*"$,.'1.'&C&,-*2"(.('($')&?C&2$,'C&$?.#';'F*$'L#-&#'8.;.2'11$>.(&E'.*2'
($ ' :&,?. ' :,.>?$2-.,".E ' 8.#-. ' 2&#&-,&# ' . ' 1& ' 1.,>& ' ($ ' 1. ' -,.(")"62 ' C&#-$,"&,< ' 4#'
">*.1?$2-$ '(":K)"1'($'"?.>"2.,'F*$'*2').?C$#"2&'$2'.)-"B&')&2-.,.')&2'$1'-"$?C&'
2$)$#.,"&'C.,.'$1.+&,.,'*2.'>$2$.1&>K.'("B"2.'-.2')&?C1").(.')&?&'1.'F*$'.C.,$)$'
$2 ' 1. '0)'B'2%"' 8$#"6(").E ' F*$ ' ($+$ ' .($?H# ' +*$2. ' C.,-$ ' ($ ' #* ' &,">"2.1"(.( ' .'
?&($1&# ' &,"$2-.1$# ' .2-$,"&,$# ' )*;&' )&2&)"?"$2-& ' ;' :.?"1".,"(.( ' 2& ' #$ ' 8.11.,K.2 ' .1'
.1).2)$ ' ($ ' *2 ' C$,#&2.I$ ' ($ ' $#-.# ' ).,.)-$,K#-").#< ' A$#*1-. ' ?*)8& ' ?H# ' :.)-"+1$'
#*C&2$, ' 1. ' $c"#-$2)". ' ($ ' *2 ' C&$-. ' C,&:$#"&2.1 ' F*$E ' #$>J2 ' #* ' C,&C"& ' -$#-"?&2"&E'
-&?.+. ' C.,-$ ' $2 ' )$,-H?$2$# ' ($ ' $#-. ' )1.#$ ' $2 ' 1. ' "#1. ' ($ ' 4*+$.E ' (&2($ ' ,$#*1-6'
B$2)$(&,E';'F*$'C&,'$cC$,"$2)".';'-,.(")"62':.?"1".,'C&#$K.'1&#',$)*,#&#'.>,K)&1.#'
2$)$#.,"&# ' C.,.E ' +"$2 ' .(?"2"#-,.(&#E ' )&?& ' C,&C&2$ ' $2 ' #* ' #$>*2(& ' C&$?.'
)&2#$,B.(&E '0."$"D'/#3#EF"/E'.#$>*,.,1$'*2.'#*C$,B"B$2)".'(">2.';')&2:&,-.+1$<'D.'
C&$#K.'1K,").'>,"$>.'2&'#$'.I*#-.'.($?H#'.'2*$#-,.#')&2)$C)"&2$#'?&($,2.#'.)$,).'
($'(")8&'>L2$,&')&?&'$cC,$#"62'#"2)$,.'($'1.'C$,#&2.1"(.(';'1&#'#$2-"?"$2-&#'?H#'
K2-"?&#'($'#*#'.*-&,$#<'42'1.'?.;&,'C.,-$'($'1&#').#&#'$1'p;&q'($1'C&$-.'2&'#$'
)&,,$#C&2($ ' 2$)$#.,".?$2-$ ' )&2 ' #* ' C$,#&2.E ' #"2& ' F*$ ' ,$:1$I. ' #"?C1$?$2-$ ' 1.'
.#*2)"62'($'*2'($-$,?"2.(&'C.C$1'($2-,&'($'1.')&?*2"(.('.'1.'F*$'"+.'(",">"(.'(")8.'
C&$#K.E ' "2)&,C&,.(. ' ).#" ' #"$?C,$ ' $2 ' )&2-$c-&# ' ,"-*.1$#E ' )&?& ' $1 ' +.2F*$-$ ' & ' *2'
:$#-"B.1E ' (&2($ ' $,. ' $I$)*-.(. ' =6).A'.5)+@ ' )&?& ' *2. ' :&,?. ' ($ ' #&)".1"3.)"62 ' & ' ($'
$(*).)"62')*1-*,.1'$2'$1'?H#'.?C1"&'#$2-"(&'($'1.'$cC,$#"62<
T&(.#'1.#'&+,.#'1"-$,.,".#'$#-.+.2'($#-"2.(.#'.'*2'CJ+1")&'($-$,?"2.(&'F*$'
)&2#-"-*K. ' #* ' .*("-&,"& ' 2.-*,.1 ' ;E ' C&, ' -.2-& ' #$ ' .I*#-.+.2 ' . ' 1&# ' 8&,"3&2-$# ' ($'
$cC$)-.-"B.# ' ($1 ' ?"#?&E ' F*$ ' 2& ' )&"2)"($2 ' C.,. ' 2.(. ' )&2 ' 1&# ' 2*$#-,&#< ' D.#'
,$)"-.)"&2$# ' ($ ' 1&# ' C&$-.# ' #$ ' ,$.1"3.+.2 ' ($2-,& ' ($ ' )&2-$c-&# ' ?*; ' ($-$,?"2.(&#'
)&?&'1&#'/%56'/%"'&'+.2F*$-$#')$,$?&2".1$#E'F*$')&2#-"-*K.2'*2.'($'1.#'C,"2)"C.1$#'
"2#-"-*)"&2$#'.,"#-&),H-").#'>,"$>.#E'&'$2'$1')*,#&'($'1.#')$1$+,.)"&2$#'$2'8&2&,'($'
1&#'("&#$#E'F*$')&2:&,?.+.2'1&#':.?&#&#':$#-"B.1$#',$1">"&#&#')&?&'1&#'($'!$1:&#E'
e1"?C". ' & ' $1 ' "#-?& ' ($ ' a&,"2-&< ' b&$-. ' ; ' .*("-&,"& ' )&?C.,-K.2 ' *2.# ' ,$:$,$2)".#'
"($&16>").# ' F*$ ' .C.,$)$2 ' 2$)$#.,".?$2-$ ' $2-,$B$,.(.# ' $2 ' 1. ' C,&C". ' C,&(*))"62'
1"-$,.,".'$2':&,?.'($'#"?C1$#'.1*#"&2$#'&'#*>$,"(.#'?H#').11.(.?$2-$'.'-,.BL#'($'
*2.'1$)-*,.'$2-,$'1K2$.#'F*$'2&#&-,&#'2&'$#-.?&# '$2')&2(")"&2$# '($',$.1"3.,'C&,'

!"

8.11.,2&#':*$,.'($1'?.,)&'($',$:$,$2)".'.($)*.(&<'!$#)&2&)$?&#'+*$2.'C.,-$'($1'
)&2-$c-& ' .?+"$2-.1 ' $2 ' $1 ' F*$ ' #$ ' ,$.1"3.,&2 ' $#-. ' )1.#$ ' ($ ' )&?C&#")"&2$# ' ; ' 2&'
C&#$$?&#E'.#KE'*2.')1.,.')&2)"$2)".'($'1.#'"?C1").)"&2$#'F*$'#$'($,"B.+.2'($'$11&E'
$2':&,?.'($')&?C1")"(.($#';'#*>$,$2)".#'F*$'2&'C&($?&#'.#C",.,'.')&?C,$2($,'($'
1. ' ?"#?. ' ?.2$,. ' F*$ ' 1& ' 8.,K.2 ' $1 ' .*-&, ' ; ' #*# ' $#C$)-.(&,$# ' ?H# ' "2?$(".-&#E'
C1$2.?$2-$'"?+*"(&#'($'$#$'p#.+$,')&?C.,-"(&q'F*$'"?C1").'$1':&,?.,'C.,-$'($'*2.'
?"#?.')&?*2"(.(';'($'*2.'?"#?.')*1-*,.<'42'$#-$'#$2-"(&E'*2'$#-*("&#&'($1'-$.-,&'
>,"$>&')&?&'\.1(,;'8.'#$%.1.(&'F*$'#$,K.'2$)$#.,".'*2.')HC#*1.'($1'-"$?C&'F*$'
2&# ' -,.#1.(.#$ ' . ' 1. ' 0-$2.# ' ($1 ' #">1& ' i ' .<a< ' C.,. ' C&($, ' ,$B"B", ' C1$2.?$2-$ ' 1.'
$cC$,"$2)".'($'*2.'($'#*#',$C,$#$2-.)"&2$#E'?*)8&'?H#'(":K)"1'($').C-.,'$2'#*#'
B$,(.($,.#'("?$2#"&2$#'.'-,.BL#'($'1&#'-$c-&#E'*2&'($'1&#'C&)&#'$1$?$2-&#'F*$'2&#'
8.2'F*$(.(&'($'$11.#<
]"'#"F*"$,.'1&#'8"#-&,".(&,$#'$#-.+.2'$c$2-&#'($'$#-.#'1"?"-.)"&2$#'#"'-$2$?&#'
$2')*$2-.'F*$'1.'8"#-&,".'2&'$,.'*2.'.)-"B"(.('C,&:$#"&2.1'&'.).(L?").E'#"2&'F*$'
)&2#-"-*K. ' -.?+"L2 ' *2 ' >L2$,& ' 1"-$,.,"& ' ?H#E ' C,&B"#-& ' ($ ' #*# ' C,&C".# ' ,$>1.# ' ;'
)&2B$2)"&2$# ' :&,?.1$#< ' 01>*2.# ' ($ ' 1.# ' ?H# ' 8.+"-*.1$# ' #&2E ' C&, ' $I$?C1&E ' 1.'
($#.*-&,"3.)"62'($'#*#'C,$($)$#&,$#E'C&2"$2(&'($'?.2":"$#-&'1.'C,&C".'#*C$,"&,"(.('
; ' 1. ' ?.;&, ' $2I*2(". ' ; ' -,.#)$2($2)". ' ($1 ' -$?. ' $1$>"(&E ' 1. ' "?"-.)"62 ' )&2#)"$2-$E'
.*2F*$'("#"?*1.(.E'($'1&#'?&($1&#'LC")&#'&'1.'*-"1"3.)"62E'.'B$)$#'-.2'#*-"1'F*$'8.'
)&2#$>*"(& ' $2>.-*#., ' . ' ?*)8&# ' $#-*("&#&# ' ?&($,2&#E ' ($ ' )"$,-.# ' $#-,.-$>".# ' ($'
B$,.)"(.(')*;&'C,"2)"C.1'&+I$-"B&'$,.'(&-.,'($'.*-&,"(.(';'1$>"-"?"(.('.'*2',$1.-&'C&,'
2.-*,.1$3.'"2$#-.+1$E'#"$?C,$'?&B"L2(&#$'$2'1.'($1").(.':,&2-$,.'$2-,$'1.',$.1"(.(';'
1. ' :"))"62< ' 41 ' ,$)*,#& ' )&2#-.2-$ ' . ' 1&# ' ?H# ' B.,".(&# ' -$#-"?&2"&#E ' )&?& ' 1. ' C,&C".'
)&2-$?C1.)"62 ' =1. ' )L1$+,$ '"9('6/%"@ ' & ' 1.# ' "2:&,?.)"&2$# ' C,&)$($2-$# ' ($ ' -$#-">&#'
&)*1.,$# ' & ' ($ ' >$2-$# ' +"$2 ' "2:&,?.(.# ' C&, ' -,.(")"62E ' )&?& ' 1&# ' #.)$,(&-$# ' ($ ' 1&#'
#.2-*.,"&#E ' .B.1.+. ' $#-.# ' C,$-$2#"&2$# ' ($ ' B$,.)"(.(E ' F*$ ' "2-$2-.+.2 ' C.1"., ' 1.#'
2*?$,&#.#'($:")"$2)".#E';'$2'.1>*2&#').#&#'$1'C.-$2-$'($#)*"(&'&'($#"2-$,L#E'($'#*'
)&2&)"?"$2-& ' ($1 ' C.#.(&< ' f2. ' ?.2$,. ' 8.+"-*.1 ' ($ ' ,$),$., ' $1 ' C.#.(& ' $,.'
p,$)&2#-,*",q ' 1&# ' ("#)*,#&# ' F*$ ' :*$,&2 ' C,&2*2)".(&# ' $2 ' #* ' ?&?$2-& ' )&?&'
).-.1"3.(&,$# ' ($ ' 1&# ' .)&2-$)"?"$2-&# ' F*$ ' -*B"$,&2 ' 1*>.,E ' #"2 ' F*$ ' C.,$)"$,.'
"?C&,-.,1$#'($?.#".(&'1.').#"'.+#&1*-.'"?C&#"+"1"(.('($'(")8&'C,&)$("?"$2-&E'F*$'
8.+,K.'($'#*#)"-.,'2$)$#.,".?$2-$'1.'#&#C$)8.'($1'.*("-&,"&E'1"?"-H2(&#$'-.2'#61&'.'
.($)*., ' $1 ' ("#)*,#& ' .1 ' ).,H)-$, ' ($ ' 1&# ' C$,#&2.I$# ' F*$ ' 1&# ' C,&2*2)".,&2 ' ; ' . ' 1.#'
)",)*2#-.2)".#'$2'F*$'#$'C,&(*I&<'D.'8"#-&,".'#$')&2B$,-K.'.#K'$2'*2.',$:1$c"62'#&+,$'
$1'C,$#$2-$ '?H#'F*$'$2'*2. '($#),"C)"62',">*,&#. '($1 'C.#.(&<'0'1.'?.2$,.'($'1.'
LC").E'.'1.'F*$'B"2&'$2')"$,-.'?.2$,.'.'#*#-"-*",E'1.'8"#-&,".'#">*"6'&)*CH2(&#$'($'
>,.2($#'.)&2-$)"?"$2-&#'($)"#"B&#')&?&'1.#'>*$,,.#';'($',$?$?&,.,'1.#'>,.2($#'
8.3.%.# ' ($ ' #*# ' C,"2)"C.1$# ' 8L,&$#E ' )&2 ' $1 ' :"2 ' ($ ' C,&C&,)"&2., ' . ' 1. ' #&)"$(.( ' *2'
)6(">& ' ($ ' B.1&,$# ' ?&,.1$#< ' D. ' >*$,,. ' ($ ' T,&;.E ' ?&-"B& ' )$2-,.1 ' ($ ' 1&# ' C&$?.#'
8&?L,")&#E':*$'#*#-"-*"(.';'#*C$,.(.'C&,'$1'$2:,$2-.?"$2-&')&2'1&#'C$,#.#E'-$?.'($'
1.# 'G%/('.%"/' ($ ' h$,6(&-&E ' F*$ ' C.#6E ' . ' #* ' B$3E ' . ' *2 ' #$>*2(& ' -L,?"2& ' )*.2(&'
T*)K("($#'$1$B6'.1'C,"?$,'C1.2&'($'1.'.)-*.1"(.('1.'>*$,,.'($1'b$1&C&2$#&E'.:",?.2(&'
)&2'&,>*11&'#*'?.2":"$#-.'#*C$,"&,"(.('#&+,$'1&#')&2:1")-&#'.2-$,"&,$#<
D.'8"#-&,".E'.'(":$,$2)".'($'1&'F*$'#*)$($'$2'1.'.)-*.1"(.(E'$#-.+.'$#),"-.'C&,'
C$,#&2.I$# '(",$)-.?$2-$ '"?C1").(&# '$2 '1&#' .)&2-$)"?"$2-&#E ')&?& '$1' ?$2)"&2.(&'
T*)K("($#E'F*$'8.+K.')&?.2(.(&'*2.'$cC$(")"62'?"1"-.,'($'1.'?"#?.'>*$,,.'F*$'$,.'
&+I$-&'($'#*',$1.-&E'&'b&1"+"&E'F*$'2.,,6'1.#'?$-$6,").#')&2F*"#-.#',&?.2.#'($#($'1.'
C,"B"1$>".(.'.-.1.;.'($'#*')6?&(&').*-"B$,"&'.1'1.(&'($'1&#'4#)"C"&2$#E'($#-.).(&#'

!#

C,&-.>&2"#-.#'($'1&#'8$)8&#'2.,,.(&#<'D&#'.*-&,$#'($'8"#-&,".')&2-.+.2E'$2'$:$)-&E'
)&2'*2. '$cC$,"$2)". 'C&1K-"). ';'?"1"-.,'. '#*# '$#C.1(.#'F*$ '2& '#*$1$ '#$,'$1 '+.>.I$'
8.+"-*.1'($'1&#'8"#-&,".(&,$#'?&($,2&#<'7$2&:&2-$'$#-*B&'.1':,$2-$'($'*2'$IL,)"-&'($'
?$,)$2.,"&#E ' 1&# ' )L1$+,$# ' ("$3 ' ?"1E ' F*$ ' 8*+"$,&2 ' ($ ' 1*)8., ' C&, ' #* ' #*C$,B"B$2)".'
.-,.B$#.2(&'-$,,"-&,"&#'($#)&2&)"(&#'($#($'$1')&,.362'($1'"?C$,"&'C$,#.'8.#-.'1.#'
)&#-.#'($1'?.,']$>,&<'7$,62"?&'($'a.,(".E'*2&'($'1&#'C,"2)"C.1$#'8"#-&,".(&,$#'($1'
#">1& ' 5i ' .<aE ' -*B& ' 1. ' "2?$I&,.+1$ ' &C&,-*2"(.( ' ($ ' )&2&)$, ' ($ ' C,"?$,. ' ?.2& ' 1&#'
.)&2-$)"?"$2-&# ' F*$ ' #">*"$,&2 ' . ' 1. ' ?*$,-$ ' ($ '01$I.2(,& ' .1 ' 8.+$, ' #$,B"(& ' )&?&'
#$),$-.,"& ' ($ ' 1&# ' C,"2)"C.1$# ' #*)$#&,$# ' ($1 ' )&2F*"#-.(&, ' ?.)$(&2"&E ' ($#($ ' #*'
)&?C.-,"&-.'4*?$2$#'8.#-.'1&#':*2(.(&,$#'($'1.'("2.#-K.'.2-">62"(.'F*$'"+.'.',$>",'
1&#'($#-"2&#'($'S.)$(&2K.'8.#-.'1.')&2F*"#-.',&?.2.<']&'$#'($'$c-,.%.,E'C&,'-.2-&E'
F*$'#$.2'1&#'.#C$)-&#'C&1K-")&#';'?"1"-.,$#'1&#'F*$')$2-,.2'$1'"2-$,L#'C,"2)"C.1'($'#*#'
.*-&,$#E'($I.2(&'$2'*2'C1.2&'?H#'#$)*2(.,"&'&'$2'$1'#"1$2)"&'?H#'.+#&1*-&'&-,&'-"C&'
($'"2:&,?.)"&2$#'F*$'.:$)-.2'.'1.'#&)"$(.('&'1.'$)&2&?K.E'-$?.#'($'?*)8.'?.;&,'
C,$("1$))"62'$2-,$'1&#'8"#-&,".(&,$#'?&($,2&#<
R*'B.1&,.)"62'($1'C.#.(&'2&'#$')&,,$#C&2($'-.?C&)&')&2'*2.'.)-"-*('2$*-,.1'
; ' ($#"2-$,$#.(.< ' D.# ' -,.(")"&2$# ' &,.1$# ' F*$ ' ,$)&>$ ' h$,6(&-& ' $2 ' $1 ' )*,#& ' ($ ' #*'
8"#-&,". ' C.,. ' ($#),"+", ' 1&# ' #">1&# ' C,$)$($2-$# ' ($1 ' C$,K&(& ' .,).")& ' 2& ' $#-.+.2'
($#C,&B"#-.#'($'C.,)".1"(.('.'1.'8&,.'($',$:1$I.,'1&'#*)$("(&<'A$#*1-.2'C&,'$11&'?*)8&'
?H#'J-"1$#'.'1.'8&,.'($')&2&)$,'1.'.)-"-*(')&2-$?C&,H2$.'8.)".'.F*$11&#'-"$?C&#'
F*$')&?&':*$2-$'($'"2:&,?.)"62'B$,.3'#&+,$'$11&#<'0)&2-$)"?"$2-&#'($)"#"B&#'($'1.'
8"#-&,". ' .-$2"$2#$ ' ($ ' (")8& ' C$,K&(&E ' )&?& ' 1.# ' ,$:&,?.# ' ($ ' R&162 ' & ' 1. ' -",.2K. ' ($'
b"#K#-,.-&E'F*$(.2'?.2":"$#-.?$2-$'-.?"3.(&#'C&,'$1')&1&,')&2'F*$':*$,&2'C$,)"+"(&#'
$'"2-$,$#.(.?$2-$',$),$.(&#'.'?$(".(&#'($1'#">1&'i'.<aE')*.2(&'h$,6(&-&')&?C*#&'
#*'&+,.';',$).+6'1.#'"2:&,?.)"&2$#'C$,-"2$2-$#'.1',$#C$)-&<'R$'-,.-.E'C&,'-.2-&E'($'
*2. ' 8"#-&,".E 'F*"3H ' )&?& ' -&(.#E ' $1.+&,.(. ' ($#($ '$1 ' C,$#$2-$ ' ;' F*$ ' )&2:">*,. ' #*'
"?.>$2'($1'C.#.(&'.'"2#-.2)".#'($'1&#'C,&C"&#',$F*$,"?"$2-&#'.)-*.1$#E'#"2'-$2$,'$2'
)*$2-. ' 1&# ' )&2(")"&2.2-$# ' $:$)-"B&# ' ($ ' *2 ' -"$?C& ' ,$?&-& ' F*$ ' ,$#*1-.+. ' (":K)"1'
,$)*C$,.,<
T.?C&)&'#*#'"2:&,?.)"&2$#'C*2-*.1$#'?$,$)$2'1.')&2(")"62'($'(.-&#':",?$#';'
)&2#"#-$2-$#E'#"'C,$#)"2("?&#'($1')&2-$c-&';'1.#'?&-"B.)"&2$#'"2-$,2.#'F*$'$cC1").2'
#*'C,$#$2)".';'1$#'(.2'#$2-"(&'$2'$1'"2-$,"&,'($1',$1.-&<'D&#'8"#-&,".(&,$#'.2-">*&#'2&'
$#),"+K.2 ' )&2 ' B"#-.# ' . ' 1. ' C&#-$,"(.(E ' #"2& ' C.,. ' *2 ' .*("-&,"& ' ($-$,?"2.(&< ' 4#-&'
#">2":").'F*$E'.*2F*$'C.,$3).'*2.')&2#-.-.)"62'$B"($2-$E'1.#'2&-")".#'F*$'.C.,$)$2'
$2'$1')*,#&'($'#*'2.,,.)"62'&+$($)$2'.'1.'16>").'"2-$,2.'F*$'C,$#"($'-&(&'#*',$1.-&';'
F*$'2&'-"$2$2'$2'2"2>J2'?&?$2-&'$1'&+I$-"B&'($'#*C1",E')&2'1.'"2:&,?.)"62'&C&,-*2.E'
2*$#-,.#').,$2)".#')&,,$#C&2("$2-$#<'f2.'&+,.')&?&'1.'B"$I.'$(")"62'($'1.#':*$2-$#'
)1H#").# ' #&+,$ ' 1. ' 4#C.%. ' .2-">*.E ' )&?C"1.(. ' C&, ' $1 ' $#-*("&#& ' .1$?H2 ' 0(&1C8'
R)8*1-$2 ' $2 ' 1&# ' .%&# ' )"2)*$2-. ' ($1 ' #">1&E ' C"$,($ ' +*$2. ' C.,-$ ' ($ ' #* ' $:").)". ' .1'
C,$#$2-., ' ($#)&2-$c-*.1"3.(.# ' 1.# ' 2&-")".# ' ,$)&>"(.# ' .1 ' ,$#C$)-&E ' $c-,.;$2(& ' ($1'
-$c-&E')&2'*2.'?*;'.,,"$#>.(.')",*>K.E'*2&#'?.-$,".1$#'F*$'$#-.+.2'$#-,$)8.?$2-$'
"2-$>,.(&#'($2-,&'($'*2')&2-$c-&'2.,,.-"B&'?H#'.?C1"&'F*$'2&'#$'C*$($'&+B".,'#"2'
?H#<'41'"2-$,L#'($'1&#'.*-&,$#'>,"$>&#'C&,'1.'C$2K2#*1.'"+L,").'2&'#$')&,,$#C&2($'
)&2'$1'($'1&#'$#-*("&#&#'?&($,2&#'($'1.'8"#-&,".'($'4#C.%.'2"'C,$-$2(K.2')&2'#*#'
2&-")".#'.C&,-.,2&#'1.#')1.B$#'"2:&,?.-"B.#'2$)$#.,".#<'R*'C,$#$2)".',$#C&2($'.'&-,.'
)1.#$ ' ($ ' ,.3&2$# ' F*$ ' )&2B"$2$ ' ($#B$1., ' C&, ' )&?C1$-& ' #" ' #$ ' C,$-$2($ ' F*$ ' 1.#'
"2:&,?.)"&2$#'C,&C&,)"&2.(.#'.(F*"$,.2'$1'B.1&,'F*$',$.1?$2-$'C&#$$2<

!$

T&(.#'1.#'"2:&,?.)"&2$#'($').,H)-$,'>$&>,H:")&';'$-2&>,H:")&'F*$'.C.,$)$2'$2'
$1 ' )*,#& ' ($ ' 1&# ' ,$1.-&# ' 8"#-6,")&# ' >,"$>&#E ' )&?& ' $1 ' ($ ' h$,6(&-&E ' $#-H2 ' ?H#'
)&2(")"&2.(.#'C&,'1&#'C,&C"&#'($#$&#'($'.*-&($:"2")"62'($1'C*$+1&'>,"$>&'F*$'C&,'1.'
2$)$#"(.( ' &+I$-"B. ' ($ ' )&2&)$, ' *2 ' ?*2(& ' $c-$,"&, ' .I$2& ' ; ' ($#)&2&)"(&< ' D.#'
$cC$)-.-"B.# ' ($ ' B".I$ ' $,.2 ' ,$(*)"(.#E ' 1&# ' .-1.# ' ; ' ?.C.# ' "2$c"#-$2-$#E ' ;E ' $2'
)&2#$)*$2)".E'C&)&'"?C&,-.+.'1.'B$,.)"(.('.+#&1*-.'($'1.#'($#),"C)"&2$#'&'1.'?.;&,'
&'?$2&,'C,$)"#"62'($'1.'*+").)"62'>$&>,H:").'($'1&#'1*>.,$#'($#),"-&#<'41'$#-*("&#&'
:,.2)L#'M,.2)&"#'h.,-&>'8.'($?&#-,.(&'($':&,?.')&2B"2)$2-$'F*$'-&(&'$1'("#)*,#&'
$-2&>,H:")& ' ($ ' h$,6(&-&E ' $cC*$#-& ' . ' 1& ' 1.,>& ' ($ ' 1&# ' )"2)& ' C,"?$,&# ' 1"+,&# ' ($ ' #*'
8"#-&,".'F*$'($#),"+$2'-&(&'$1'?*2(&')&2&)"(&E')&2#-"-*;$'$2',$.1"(.('*2.',$:1$c"62'
.)$,).'($1').,H)-$,'$#C$)K:").?$2-$'>,"$>&'=(;#-)&&)2%7;2@E'F*$'#$'B$'.#K',$:1$I.(&'($'
:&,?. ' "2B$,-"(. ' $2 ' $1 ' $#C$I& ' ($:&,?.2-$ ' ($ ' *2&# ' p&-,&#qE ' F*$ ' 8.2 ' #"(&'
$cC,$#.?$2-$ ' :.+,").(&# ' )&2 ' $#-. ' :"2.1"(.(< ' f2. ' B$3 ' ?H#E ' . ' C$#., ' ($ ' 1.#'
.C.,"$2)".#E'1&#'>,"$>&#'#$'?&#-,.,&2'?*;'C&)&'"2-$,$#.(&#'$2'$1'?*2(&'$c-$,"&,'.'
$11&#'?"#?&#E'#.1B&')&?&'*2'"2-$2-&'($'"2)&,C&,.,'$2'*2.',$.1"(.('.I$2.E';'$2'+*$2.'
C.,-$':")-")".E'1.#')&2(")"&2$#'?.-$,".1$#';'8*?.2.#'F*$E'C&,')&2-,.#-$E')&2-,"+*K.2'.'
#* ' C,&C". ' .*-&($:"2")"62 ' )&?& ' )&?*2"(.( ' ; ' )&?& ' "2("B"(*&# ' $2:,$2-.(&# ' . ' *2'
?*2(&'F*$'($+K.2'(&?"2.,'C.,.'#&+,$B"B",')&?&'-.1$#<
]& ' )&2B"$2$E ' C&, ':"2E '&1B"(., ' -.?C&)& ' 1.# '$2&,?$#' ("#-.2)".# ' F*$ '#$C.,.2'
.1>*2&# ' -$#-"?&2"&# ' .2-">*&# ' ($ ' 1&# ' .)&2-$)"?"$2-&# ' F*$ ' ,$:1$I.2< ' f2 ' $I$?C1&'
"1*#-,.-"B&'$#'$1').#&'($'!"&(&,&'($'R")"1".E'.*-&,'($'*2.'8"#-&,".'*2"B$,#.1'$2'$1'#">1&'5'
.<aE ' F*$ ' )&2#-"-*;$ '2*$#-,. ' :*$2-$ ' ?H# ' .2-">*. '.)$,). '($ ' 1. ' :">*,. ' ($ '01$I.2(,&'
S.>2&E ' F*$ ' B"B"6 ' ).#" ' -,$#)"$2-&# ' .%&# ' .2-$#< ' eE ' #">*"$2(& ' )&2 ' $1 ' ?"#?& ' -$?.E'
01$I.2(,&E ' $1 ' 8$)8& ' ($ ' F*$ ' 1. ' 8"#-&,". ' ?H# ' :".+1$ ' )&2 ' F*$ ' )&2-.?&# ' #$. ' 1.'
)&?C*$#-.'C&,'M1.B"&'0,,".2&'$2'$1'#">1&'55'(<aE'$#'($)",E'2.(.'?$2&#'F*$'F*"2"$2-&#'
.%&#'($#C*L#'($'1.'($#.C.,")"62'($1'?&2.,).'?.)$(&2"&<'01>&'#"?"1.,'#*)$($')&2'
.1>*2&#'($'1&#'C$,#&2.I$#')1.B$'($'1.'8"#-&,".'($'1.'0-$2.#')1H#").E')&?&'R&162'&'
b$,")1$#E ' )*;. ' C$,#&2.1"(.( ' #61& ' )&2&)$?&# ' . ' -,.BL# ' ($ ' 1&# ' C$,:"1$# ' +"&>,H:")&#'
-,.3.(&#'C&,'b1*-.,)&'.')&?"$23&#'($1'#">1&'55'(<aE')*.2(&'8.+K.2'-,.2#)*,,"(&';.'
).#"'#$-$)"$2-&#'.%&#'($#($'1.'LC&).'.1*("(.<'a"$,-.?$2-$E'-.2-&'1&#'*2&#')&?&'1&#'
&-,&#'*-"1"3.,&2':*$2-$#'($'"2:&,?.)"62'?H#'.2-">*.#'F*$'1$#'#",B"$,&2'($'>*K.'$2'1.'
)&2:$))"62'($'#*#',$1.-&#E')&?&'0,,".2&E'F*$',$)*,,"6'.'1.#'8"#-&,".#'($'C$,#&2.I$#'
)&2-$?C&,H2$&# ' ($ '01$I.2(,& ' )&?& '#*# ' )&1.+&,.(&,$# 'T&1&?$& ' ;'0,"#-6+*1&< ' R"2'
$?+.,>&E'$1'-"$?C&'2&'8.+K.'C.#.(&'$2'B.2&';'1&#'&+I$-"B&#'C$,#$>*"(&#')&2'1.'
,$),$.)"62'($1'C.#.(&'2&'$,.2'1&#'?"#?&#'$2'*2&#'-"$?C&#';'$2'&-,&#<'a.(.'*2&'($'
$11&# ' $,. ' ($*(&, ' ($ ' #* ' C,&C". ' LC&). ' ,$)*,,"$2(& ' . ' 1.# ' :*$2-$# ' C,$)$($2-$# ' ?H#'
)&?&'($C&#"-.,K.#'($'1&#'(.-&#'2$)$#.,"&#'C.,.'$1.+&,.,'#*'C,&C".'B$,#"62'C$,#&2.1'
F*$ ' )&?& ' *2 ' C,&)$("?"$2-& ' ),K-")& ' ($ ' "2B$#-">.)"62 ' 8"#-6,"). ' ($ ' -"$?C&# ' ?H#'
,$?&-&#<
42'$1'-$,,$2&'?.-$,".1'1.#'CL,("(.#'8.2'#"(&'">*.1?$2-$')&2#"($,.+1$#<'D.#'
)"*(.($# '8.2 '($#.C.,$)"(& 'C,H)-").?$2-$ '($ '1. ':.3 '($ '1. '-"$,,.'($I.2(& '-.2'#61&'
-,"#-$#',*"2.#'C.,.'1.')&2-$?C1.)"62'F*$').#"'2*2).',$:1$I.2'$1'$#-.(&'&,">"2.1'($'1.#'
)&2#-,*))"&2$#<'D&#'-$?C1&#E'.'C$#.,'($'1&#'"2-$2-&#'($',$)&2#-,*))"62'11$B.(&#'.'
).+&E'8.2'C$,("(&'",,$?$(".+1$?$2-$'#*'C&1"),&?K.';'1.#'$#-.-*.#'F*$'($)&,.+.2'
#*#':,&2-&2$#E'?$-&C.#';':,"#&#E'$2'$1'?$I&,'($'1&#').#&#'#61&'C*$($2')&2-$?C1.,#$'
.8&,.'C&,'#$C.,.(&';'($':&,?.'("#C$,#.';':,.>?$2-.,".'$2'1&#'?*#$&#'?&($,2&#<'
D&#'#.2-*.,"&#'8.2'F*$(.(&',$(*)"(&#'.'*2'?&2-62'($'$#)&?+,&#'"2-$1">"+1$#'F*$'
.C$2.#'C$,?"-$2'B"#1*?+,.,'1.'"?.>$2'($'#*'C.#.(&'$#C1$2(&,E')&2'#*#').?"2&#'

!%

,$C1$-&# ' ($ ' $#-$1.# ' B&-"B.# ' ; ' &:,$2(.# ' ($ ' -&(.# ' )1.#$# ' C&, ' 1&# ' F*$ ' ("#)*,,K.2'
+,"11.2-$#'C,&)$#"&2$#')$,$?&2".1$#'$2'8&2&,'($'1.'("B"2"(.('B$2$,.(.'$2'$1'1*>.,<'
R$ ' 8.2 ' C$,("(& ' -.?+"L2 ' ($ ' ?.2$,. ' ).#" ' ($:"2"-"B. ' 1.# ' C"2-*,.# ' ?*,.1$# ' F*$'
($)&,.+.2 ' 1&# ' >,.2($# ' C6,-")&# ' ($ ' 1.# ' )"*(.($# ' )&?& ' 1. ' :.?&#. '/('" # 6'%7%&)' =$1'
C.#$& ' C&,-").(& ' )*+"$,-& ' ($ ' C"2-*,.# ' B.,".(.#@ ' ; ' F*$ ' $,.2 ' #&,C,$2($2-$?$2-$ ' $1'
>L2$,&'.,-K#-")&'?H#'.(?",.(&'$2-,$'1&#'C,&C"&#'>,"$>&#<'h&;'($+$?&#'1"?"-.,2&#'.'
)&2-$?C1.,'#*',$:1$I&'$2'.,-$#'?$2&,$#')&?&'1.')$,H?").';'$1'?&#.")&'&'.1'"2-$2-&'
($',$#-"-*",'$1')&1&,"(&';'$1'+,"11&'.'1&#'-K?"(&#',$#-&#'8.11.(&#'$2'1.#'-*?+.#'($'1&#'
,$;$#'?.)$(&2"&#<'h.2'($#.C.,$)"(&'1.#'$#)*1-*,.#'?&2*?$2-.1$#'F*$'.1+$,>.+.2'
1&#'>,.2($#'-$?C1&#E')&?&'1.#'$#-.-*.#'($'9$*#';'0-$2$.'F*$'&)*C.+.2')&2'#*'
"?C&2$2-$ ' C,$#$2)". ' $1 ' "2-$,"&, ' ($1 ' -$?C1& ' C,"2)"C.1 ' ($ ' e1"?C". ' ; ' ($1 ' b.,-$262'
.-$2"$2#$E')&2B$,-"(.#'.?+.#'$2'*2'&+I$-&'($'.(?",.)"62'C.,.'-&(&#'1&#'F*$'1.#'
8.+K.2 ' )&2-$?C1.(&< ' D&# ' >,.2($# ' >,*C&# ' $#)*1-6,")&# ' F*$ ' .(&,2.+.2 ' .1>*2&#'
#.2-*.,"&#';'F*$'$#-.+.2'($#-"2.(&#'.'#$,')&2-$?C1.(&#')&?&')&2I*2-&#E')&?&'$1'
)L1$+,$'.*,">.'($'!$1:&#'&'1&#'>H1.-.#'($'bL,>.?&'$2'$1'C$,K&(&'8$1$2K#-")&E'8.2'
F*$(.(&',$(*)"(&#'.'#*'?K2"?.'$cC,$#"62'.'C$#.,'($'1.'+$11$3.'($'#*#'"?C&2$2-$#'
,$#-&#E ' )&?& ' 1. ' C,&C". ' $#-.-*. ' ($1 ' .*,">. ' F*$ ' .C.,$)$ ' .8&,. ' $c$2-. ' ;'
($#)&2-$c-*.1"3.(.E'&'($'1.'"?.>$2'-,.2#?"-"(.'C&,'1.#')&C".#',&?.2.#'$c"#-$2-$#'
($1'?&2*?$2-&'C$,>.?$2&<'bL,("(.#'1.?$2-.+1$#'#&2'-.?+"L2'1.'($'1.'?.;&,'C.,-$'
($'1&#'#*2-*&#&#'&+I$-&#'.,-K#-")&#'F*$':">*,.+.2')&?&'&:,$2(.'$2'1&#'#.2-*.,"&#';'
($#C$,-.+.2'1.'.(?",.)"62'$?+&+.(.'($'#*#'B"#"-.2-$#<'01>*2&#'$I$?C1.,$#'."#1.(&#'
F*$'8.2'#&+,$B"B"(&'.))"($2-.1?$2-$E')&?&'1.'"?C&2$2-$';'?.I$#-*&#.'),H-$,.'($'
i"cE'8.11.(.'$2'*2.'-*?+.')$1-.'($1')$2-,&'($'M,.2)".E'&'1.'2&'?$2&#'$#C$)-.)*1.,'
($'!$,B$2"E'$2)&2-,.(.'$2'$1'2&,-$'($'1.'C$2K2#*1.'>,"$>.E'2&#'&:,$)$2'#61&'*2.'"($.'
.C,&c"?.(.'($'1.'?.>2":")$2)".'($'$#-.')1.#$'($'C,&(*)-&#';'$1$B.2'8.#-.'$1'"2:"2"-&'
1.':,*#-,.)"62'$cC$,"?$2-.(.'C&,'1.'($#.C.,")"62'",,$B$,#"+1$'($'-.1$#'?*$#-,.#'($1'
-.1$2-& ' .,-K#-")& ' ($ ' 1&# ' .,-$#.2&# ' >,"$>&#< ' 41 ' 8.11.3>& ' #*+?.,"2& ' ($ ' 1.# ' ?$I&,$#'
$#)*1-*,.# ' $2 '+,&2)$ ' >,"$>.# ' F*$ 'C&#$$?&# ' $2 '1. '.)-*.1"(.(E ')&?& '1&# ' :.?&#&#'
>*$,,$,&#'($'A".)$'$2)&2-,.(&#'$2'1&#'.%&#'#$-$2-.'($1'#">1&'C.#.(&'$2'$1'#*,'($'
5-.1".E')&2#-"-*;$'-.?+"L2'*2')1.,&'"2(")"&'($'1.#'("?$2#"&2$#')&1&#.1$#'($'1.'CL,("(.'
#*:,"(.'($2-,&'($'$#-$').?C&<

-*+'#6#$0*+'/#')&'/%+0&1$%&

0'C$#.,'($'1.#')&2#-.2-$#'.C$1.)"&2$#'.'1.')&?*2"(.('$#$2)".1')&2'$1'C.#.(&'
>,"$>&'F*$'8.2'#"(&'C,&)1.?.(.#'.'1&'1.,>&'($'1&#'#">1&#E'1&')"$,-&'$#'F*$'$c"#-$2'
"?C&,-.2-$# ' (":$,$2)".# ' $2-,$ ' #* ' ?*2(& ' ; ' $1 ' 2*$#-,& ' F*$ ' ,$#*1-.2 ' C,H)-").?$2-$'
"2#.1B.+1$#'.'1.'8&,.'($'$#-.+1$)$,')&2-"2*"(.($#'.:$)-"B.#'&'-,.3.,'*2.'1K2$.':",?$';'
($)"("(. ' $2 ' 1. ' ,$)$C)"62 ' ($ ' #* ' 1$>.(& ' 8.#-. ' 2&#&-,&#< ' a&?& ' 8. ' ($#-.).(& ' $1'
8"#-&,".(&, ' :,.2)L# ' b"$,,$ ' a.+.2$#E ' #$ ' -,.-. ' ($ ' *2 ' *2"B$,#& ' F*$ ' 2&# ' ,$#*1-.'
#$2#"+1$?$2-$'C,6c"?&'C$,&'"2-$1$)-*.1?$2-$'1$I.2&<'41'?*2(&'>,"$>&'.C.,$)$'.2-$'
2&#&-,&# ' )&?& ' *2. ' )"B"1"3.)"62 ' $c6-"). ' ; ' ,$?&-. ' . ' 1. ' F*$ ' 2& ' #$ ' .C1").2'
2$)$#.,".?$2-$ ' 2*$#-,&# ' ?&(&# ' 8.+"-*.1$# ' ($ ' ,.3&2.?"$2-&< ' S*)8&# ' ($ ' 1&#'
)&2)$C-&#'BH1"(&#'8&;'$2'(K.'2&'#&2'.C1").+1$#'.'1.'02-">l$(.('>,"$>.<'4c"#-$'*2.'

!&

:.1-. ' ($ ' 8&?&>$2$"(.( ' $2 ' $1 ' C$2#.?"$2-& ' >,"$>& ' C*$#-. ' ($ ' ?.2":"$#-& ' $2'
$cC,$#"&2$#')1.,.?$2-$')&2-,.(")-&,".#'F*$'($#($'1.'C$,#C$)-"B.'?&($,2.'#$'"2-$2-.'
,$(*)",'.'*2.',$>*1.,"(.('"2$c"#-$2-$';':")-")".E'"?C*1#.(&#'C&,'2*$#-,.'&+#$#"62'($'
(&-.,'($'*2.')&8$,$2)".'"2-$1$)-*.1'C,&C".'.'C1.2-$.?"$2-&#'.I$2&#'C&,')&?C1$-&'.'
$11.< ' D. ' C,$#$2)". ' (",$)-. ' ($ ' )*.1F*"$, ' 8.+"-.2-$ ' ?&($,2& ' $2 ' 1. ' N,$)". ' .2-">*.E'
8$)8.'C&#"+1$'.'-,.BL#'($'*2.'#*C*$#-.'?HF*"2.'($1'-"$?C&E',$#*1-.,K.'"2#&C&,-.+1$'
C&,').*#.#'.C.,$2-$?$2-$'-.2'2"?".#')&?&'$1':*$,-$'&1&,'F*$'"?C,$>2.+.'C&,'-&(&#'
1.(&# ' #* ' B"(.' )&-"(".2. ' ($+"(& ' . ' ,.3&2$# ' -.2 ' C,"?.,".# ' )&?& ' 1. ' :.1-. ' >$2$,.1 ' ($'
8">"$2$E ' 1. ' C,$#$2)". ' )&2#-.2-$ ' ($ ' ($#C$,(")"&# ' ; ' .>*.# ' ,$#"(*.1$# ' & ' $1 ' 8*?&'
C,&)$($2-$'($'1&#'#.),":")"&#'(&2($'#$'"2?&1.+.2'$2'B"B&';'$2'(",$)-&'1&#'.2"?.1$#'
&:,$2(.(&#'.'1&#'("&#$#<'D.'C,$#$2)".'($'$2:$,?$(.($#';'$C"($?".#'"2)*,.+1$#E'($'
1.'>*$,,.';'#*#')&2#$)*$2)".#'?H#'"2?$(".-.#')&?&'1.'$#)1.B"-*(E'&'1.'"2#$2#"+"1"(.('
?.2":"$#-.'.'($-$,?"2.(.#')*$#-"&2$#')&?&'1.'"2:.2)".'&'1.'B$I$3E'F*$')&2?*$B$2'
2*$#-,.')&2)"$2)".'.)-*.1E'-.?C&)&')&2-,"+*",K.2'.'8.)$,'?H#'.>,.(.+1$'1.'$#-.2)".'
$2'.F*$1'-"$?C&<'M"1-,&#'8"#-6,")&#':*2(.?$2-.1$#')&?&'$1'),"#-".2"#?&E'1.'A$B&1*)"62'
M,.2)$#.';'1.'A$B&1*)"62'52(*#-,".1'8.2').?+".(&'C&,')&?C1$-&'1.':"#&2&?K.':K#").';'
$#C","-*.1'($1'?*2(&'$2'$1'F*$'8.+"-.?&#'8.)"$2(&'",,$)&2&)"+1$')*.1F*"$,'$#)$2.,"&'
.2-$,"&,<
D. ' )&?C,$2#"62 ' ($ ' *2 ' .#C$)-& ' -.2 ' :*2(.?$2-.1 ' )&?& ' $1 ' ,$1">"&#&E ' F*$'
"?C1").+. ' -&(&# ' 1&# ' ).?C&# ' ($ ' 1. ' .)-"B"(.( ' 8*?.2. ' 8.#-. ' $1 ' C*2-& ' ($ ' )&2:*2(",'
$#:$,.#'-.2'+"$2'($1"?"-.(.#'$2'$1'?*2(&'?&($,2&')&?&'1&'1.")&';'1&'#.>,.(&E'2&'
#"$?C,$ ' ,$#*1-. ' :H)"1 ' ($#($ ' 1. ' C$,#C$)-"B. ' ?&($,2.< ' 0)-"B"(.($# ' .C.,$2-$?$2-$'
1.").#')&?&'1&#'I*$>&#'($C&,-"B&#E'1.#')&?C$-")"&2$#'?*#").1$#';'C&L-").#E'$1'-$.-,&'
&'1.'>*$,,.'$#-.+.2'$#-,$)8.?$2-$'.#&)".(.#'.'1.'B"(.',$1">"&#.'($'1.')&?*2"(.('$'
"?+*"(.# ' ($ ' *2 ' ).,H)-$, ' #.>,.(& ' F*$ ' #$ ' C&2K. ' ($ ' ?.2":"$#-& ' C&, ' ?$("& ' ($ ' 1&#'
#.),":")"&# ' ; ' )$,$?&2".# ' F*$ ' ,&($.+.2 ' #* ' ,$.1"3.)"62< ' D. ' )&2#$,B.)"62 ' ($ ' *2'
(&)*?$2-& ' )&?& ' 1.# ' 1"#-.# ' ($ ' 1&# ' -,"+*-&# ' .-$2"$2#$# ' & ' 1.# ' )*$2-.# ' ($ ' 1.'
)&2#-,*))"62 ' ($ ' .1>*2&# ' -$?C1&#E ' )&?& ' $1 ' 4,$)-$&2 ' ($ ' 0-$2.#E ' #$ ' ($+$'
:*2(.?$2-.1?$2-$ ' . ' $#-$ ' ?&-"B&E ' ;. ' F*$ ' (")8&# ' (&)*?$2-&#E ' )1.,.?$2-$'
.(?"2"#-,.-"B&# ' ($#($ ' 2*$#-,. ' C$,#C$)-"B. ' .)-*.1E ' $2-,.+.2E ' $2 ' ).?+"&E ' ($ ' 11$2&'
($2-,&'($1'H?+"-&'($'1&'#.>,.(&')&?&'.)-"B"(.($#',$1.)"&2.(.#')&2'1.',$2(")"62'($1'
)*1-&'.'1.#'("B"2"(.($#'C,&-$)-&,.#'($'1.')"*(.(<
4,.2'-.?+"L2'2&-&,".?$2-$'(":$,$2-$#'1.#'$#-,*)-*,.#'#&)".1$#';'$1'-$2&,'($'1.#'
.)-"B"(.($# ' $)&26?").#< ' D.# ' +.,,$,.# ' ; ' C,$I*")"&# ' ($ ' *2. ' #&)"$(.( ' -,.(")"&2.1 ' ;'
)$,,.(.')8&).2':,&2-.1?$2-$')&2'1&#'),"-$,"&#'?H#'.+"$,-&#';')&#?&C&1"-.#'($'1.#'
#&)"$(.($# ' ?&($,2.#< ' 41 ' )&2)$C-& ' ($ ' *2. ' $)&2&?K. ' ).C"-.1"#-. ' $:")"$2-$ ' ;'
C,&(*)-"B.'$,.')&?C1$-.?$2-$'($#)&2&)"(&'($'1.'?$2-.1"(.('>,"$>.E'F*$'2*2).'-,.-6'
($'.C1").,'1.#'C&#"+1$#'B$2-.I.#'($'1.')"$2)".';'1.'-L)2").'.'1.'?$I&,.';'.*?$2-&'($'1.'
C,&(*))"62E'1"?"-H2(&#$'.'*-"1"3.,1.#')&?&'*2'#"?C1$'("B$,-"?$2-&<'f2.')&2#-.2-$'($'
1.'?$2-.1"(.('>,"$>.'$#'$1'($#C,$)"&'($1'-,.+.I&'?.2*.1E'C,&C")".(&'C&,'*2'-.1.2-$'
($)"("(.?$2-$ '.,"#-&),H-")& ' F*$' B.1&,.+. '#&+,$ '-&(&' 1.' C&#$#"62 '($'1.' -"$,,. ';' 1.'
("#C&#")"62'($1'&)"&'2$)$#.,"&E':.)"1"-.(&'.($?H#'C&,'1.'$c"#-$2)".'($'$#)1.B&#E'C.,.'
11$B.,'.').+&'&-,&'-"C&'($'.)-"B"(.($#')&?&'1.').3.E'1&#'I*$>&#'($'-&(.#')1.#$#'&'1.'
1"-$,.-*,.'F*$'>.,.2-"3.+.2'$1'C,$#-">"&';'1.'>1&,".<'D.'$#).1.'($'1.#'&C$,.)"&2$#'$'
"2-$,).?+"&# ' $)&26?")&# ' $#-.+. ' -.?+"L2 ' $2 ' )&2#&2.2)". ' )&2 ' 1.# ' ("?$2#"&2$#'
,$(*)"(.#'($'$#-$'?*2(&E':*$,.'($'-&(.')&?C.,.)"62')&2':$26?$2&#'#"?"1.,$#'($'1.'
.)-*.1"(.('&'"2)1*#&'($'-"$?C&#'?H#',$)"$2-$#<

!'

D&# ' )6(">&# ' ?&,.1$# ' $,.2 ' $2 ' )&2#$)*$2)". ' -.?+"L2 ' ?*; ' (":$,$2-$#E ' )&2'
.)-"-*($#'.C.,$2-$?$2-$',$C,&+.+1$#'$2'1.'.)-*.1"(.(E')&?&'1.'.C,&+.)"62'#&)".1'($'
1.'B$2>.23.E'F*$'$,.'.(?"-"(.'"2)1*#&')&?&'*2.'?&-"B.)"62'I*#-":").+1$'.'1.'8&,.'($'
C,$#$2-.,').,>&#'$2'1&#'-,"+*2.1$#')&2-,.'*2'.(B$,#.,"&<'D.#'("#-.2)".#'"2#.1B.+1$#'
F*$ ' ?$(".2 ' $2-,$ ' #* ' )&2)$C)"62 ' ($1 ' ?*2(& ' ; ' 1. ' 2*$#-,. ' #&2 ' $B"($2-$#< ' D.#'
-$2#"&2$# ' $2-,$ ' "2("B"(*& ' ; ' )&?*2"(.(E ' 1.-$2-$# ' $2 ' &+,.# ' )&?& ' 1. '42(FB'2"' ($'
R6:&)1$#E ' $,.2 ' ?*)8& ' ?H# ' -,.*?H-").# ' F*$ ' $2 ' 1. ' .)-*.1"(.(E ' (.(& ' F*$ ' 2& ' #$'
)&2-$?C1.+.'1.'C&#"+"1"(.('($'*2.'B"(.'C,"B.(.'p.1$I.(.'($1'?*2(.2.1',*"(&q';'#$'
)&2#"($,.+.'p"("&-.#q'.'1&#'F*$'2&'-&?.+.2'C.,-$'.)-"B.?$2-$'$2'1.'B"(.'CJ+1").'
=L#$'$#'C,$)"#.?$2-$'$1'#">2":").(&'&,">"2.,"&'($1'-L,?"2&@<'D&#')&2:1")-&#'#*#)"-.(&#'
$2-,$'(":$,$2-$#'>$2$,.)"&2$#E'F*$'.C.,$)$2',$:1$I.(&#E'.*2F*$'($'?.2$,.'*2'-.2-&'
$c.>$,.(.E'$2'&+,.#')&?&'$1 'H+%6'#I)3' ($'R6:&)1$#E'$,.2'?*)8&'?H#'H#C$,&#'$'
"2-$2#&# ' F*$ ' $2 ' 1. ' .)-*.1"(.(E ' ;. ' F*$ ' 1&# ' ?H# ' .2)".2&# ' +.#.+.2 ' #*# ' J2").#'
C&#"+"1"(.($# ' ($ ' #*C$,B"B$2)". ' $2 ' $1 ' #&C&,-$ ' ($ ' #*# ' 8"I&#E ' (.(. ' 1. ' :.1-. ' ($'
"2#-"-*)"&2$#'#&)".1$#')&?&'1&#')$2-,&#'#.2"-.,"&#'&'1&#'.#"1&#'&'1.'$c"#-$2)".'?"#?.'
($'C$2#"&2$#E';'$#-.')",)*2#-.2)".'.C,$?".2-$'>$2$,.+.')&2#-.2-$#'-$2#"&2$#'$2'1.#'
,$1.)"&2$#':.?"1".,$#';')&-"(".2.#<'4c"#-K.'">*.1?$2-$'*2.'($#?$("(.'&+#$#"62'C&,'$1'
-,"*2:&';'1.')&?C$-")"62E',$:1$I.(.'C&,'(&F*"$,'$2'-&(&#'1&#'.#C$)-&#'($'1.'B"(.'>,"$>.'
; ' ,$)&2&)"(. ' )&?& ' *2& ' ($ ' #*# ' $1$?$2-&# ' ($:"2"-&,"&#E ' F*$ ' .1).23.+. ' >,.(&#'
"2#&#C$)8.(&# ' 8.#-. ' $1 ' C*2-& ' ($ ' F*$ ' 1&# ' ?$,"-&,"&# ' #$>*2(& ' ; ' -$,)$, ' C*$#-& ' ($'
2*$#-,.# ' )&?C$-")"&2$# ' ($C&,-"B.# ' #$,K.2 ' )&2#"($,.(&# ' -.2 ' B$,>&23&#&# ' )&?& ' 1.'
($,,&-.'?H#'8*?"11.2-$<
R*')&2)$C)"62'($1'?*2(&'$,.E'F*"3HE'?H#'1"?"-.(.'C$,&'#$>*,.?$2-$'?*)8&'
?H#'"2?$(".-.';'(",$)-.E')&?&'#$',$:1$I.'$2'#*')&2-$?C1.)"62';'C$,)$C)"62'($'1.'
2.-*,.1$3.<'41'$2-&,2&'2.-*,.1'F*$',&($.+.'1.#'B"(.#'($'1&#'>,"$>&#'.2-">*&#'$#-.+.'
C&+1.(&'($'-&(.')1.#$'($'("B"2"(.($#<'41'C."#.I$'$,.'*2'$#C.)"&'$?+1$?H-")&E'(&-.(&'
).#"'($'B"(.E'$2'$1'F*$'-&(&#'#*#'$1$?$2-&#E'1&#'H,+&1$#E'1.#',&).#E'1.#'C1.2-.#E'1&#'
,K&#E ' .(F*",K.2 ' *2. ' #">2":").)"62 ' $#C$)".1 ' ; ' *2 ' C,&-.>&2"#?& ' ($#-.).(& ' F*$ ' B.'
?*)8&'?H#'1$I&#'F*$'1.'?&($,2.'C$,)$C)"62'$#-L-").'($'1.'2.-*,.1$3.'&'#*'$1&>"&'
)&?&'C.,.K#&'($'$B.#"62<'D&#'("&#$#';'1&#'8L,&$#'8.+K.2'($I.(&'#*'"?C,&2-.'C&,'
(&F*"$,E',$B$1.2(&'.#K'#*'C,$#$2)".'.'1&#'8&?+,$#';'?.,)H2(&1$#'.1'?"#?&'-"$?C&'
1&#')&2-&,2&#'"?.>"2.,"&#'F*$'($:"2K.2'#*'$#C.)"&'>$&>,H:")&';'?$2-.1E'*2'$#)$2.,"&'
C1$2&'($'#$2-"(&'C&,'$1'F*$'($+K.'("#)*,,",'.)-"B.';'C.#"B.?$2-$'#*'$c"#-$2)".<'D.#'
$#).#.#'.1*#"&2$#'.1'C."#.I$'2.-*,.1'F*$'$2)&2-,.?&#'($2-,&'($'1.'1"-$,.-*,.'>,"$>.'
#$ ' $cC1").2 ' ($#($ ' $#-. ' C$,#C$)-"B. ' ?H# ' F*$ ' )&2 ' 1. ' #"?C1$ ' #*C&#")"62 ' ($ ' #*'
:.?"1".,"(.( ' C.,. ' $1 ' .*("-&,"&< ' b&, ' $11&E ' 1&# ' C."#.I$# ' F*$ ' .C.,$)$2 ' ,$),$.(&#'
&+$($)$2'.'$#-.'C$,)$C)"62'($'1.'2.-*,.1$3.E'?H#'$#C","-*.1'&'"?.>"2.,".E';'#&2'$1'
,$#*1-.(&'($'$#-.'.)-"-*('?H#'.:$)-"B.';'C.,-K)"C$E')6?C1")$'"2)1*#&E'8.)".'$1'?*2(&'
2.-*,.1'F*$'*2.'($#),"C)"62'C*2-*.1'($1'$2-&,2&')&2),$-&'$2'$1'F*$'8.+"-.+.2<
4#'2$)$#.,"&'-$2$,'$2')*$2-.'.1>*2.#')&2#"($,.)"&2$#'F*$')&2(")"&2.+.2'($'
?.2$,.'($)"#"B.'#*',$1.)"62')&2'$1'?$("&'2.-*,.1E')&?&'1.'C,$#$2)".'"?C&2$2-$'$'
"2-"?"(.-&,".'($'1.'2&)8$')&2'#*'&#)*,"(.('.+#&1*-.E'F*$'("B"(K.'($'?.2$,.',.(").1'1.'
B"(. ' (".,".E ' . ' (":$,$2)". ' ($ ' 1& ' F*$ ' #*)$($ ' $2 ' 1. ' .)-*.1"(.(E ' $2 ' F*$ ' 1.# ' 8&,.#'
2&)-*,2.# ' #$ ' 8.2 ' -,.2#:&,?.(& ' $2 ' *2. ' C,&1&2>.)"62 ' ($ ' 1. ' .)-"B"(.( ' ("*,2.E'
.)$2-*.(.')&2'1.'.C.,")"62'($'1.'$1$)-,")"(.(';'1.')&2:".23.'>$2$,.(.'C&,'$11.'$2'*2.'
.C.,$2-$')&2-"2*"(.('($1'$#C.)"&'B"-.1<'D.#'.)-"B"(.($#'8*?.2.#'#$'#*#C$2(K.2').#"'
C&, ' )&?C1$-& ' ; ' #61& ' F*$(.+. ' 1*>., ' C.,. ' $1 ' #*$%& ' ,$C.,.(&,E ' 1. ' $?$,>$2)". ' ($'
-$,,&,$# ' .-HB")&# ' & ' 1. ' )&2-$?C1.)"62 ' $c-.#".(. ' ($1 ' :",?.?$2-&< ' !$ ' 1.# ' -,$#'

!(

C&#"+"1"(.($#E'1.'J1-"?.'.1'?$2&#'8.'F*$(.(&',$1$>.(.'-&-.1?$2-$'.1'&1B"(&'C&,'1.'
)$>.(&,.'.-?6#:$,.'1*?"2&#.'($'1.#')"*(.($#E'F*$'"?C"($'1.'&+#$,B.)"62'C,$)"#.'($'
1&#'.#-,&#E')&2-,"+*;$2(&'($'$#-.':&,?.'.1'.1$I.?"$2-&'C,&>,$#"B&'($'1.')&22"B$2)".'
$2-,$'$1'"2("B"(*&';'#*'$2-&,2&'2.-*,.1<'R61&'1&#'.C.>&2$#'"?C,$B"#-&#'F*$'($#.-.2'$1'
).&#'?H#'.+#&1*-&'$2'1.#'#&)"$(.($#'?&($,2.#E')&?&'$1')L1$+,$'($']*$B.'s&,jE'
2&#'($B*$1B$2'.*2F*$'#61&'#$.'C&,'*2'"2#-.2-$'.'1.#')&2(")"&2$#'8.+"-*.1$#'F*$'
,&($.+.2'1.'B"(.'($'1&#'.2-">*&#';'2&#'C$,?"-$2'.C,$)".,'F*"3H'?$I&,'.1>*2.#'($'1.#'
"?C&,-.2-$#'"?C1").)"&2$#'F*$'(")8&#'"?C&2($,.+1$#'-$2K.2'$2'1.')&2:">*,.)"62'($'
#*#'.)-"-*($#')&-"(".2.#'.2-$'$1'?*2(&')",)*2(.2-$<
]&')&2&)$?&#'-.?C&)&'$2'($-.11$'$1'?*2(&'"2-$,"&,'($'1&#'.2-">*&#'>,"$>&#E'
#*':&,?.'($'C$2#.,E'#*#'#$2-"?"$2-&#'C,&:*2(&#';'#*#'$?&)"&2$#'?H#'"2?$(".-.#E'.'
C$#.,'($'1.#'.C.,"$2)".#'F*$'C*$(.'#*#)"-.,'*2.'1"-$,.-*,.')&2#"($,.+1$<']&'$c"#-$'
2.(. ' C.,$)"(& ' . ' 1.# ' )&2:$#"&2$# ' & ' . ' 1&# ' (".,"&# ' K2-"?&#E ' F*$ ' #&2 ' :,$)*$2-$#E ' $2'
).?+"&E'$2'&-,.#'$-.C.#'($'1.'8"#-&,".'($'1.'1"-$,.-*,.<']&'C&#$$?&#'2.(.'#"?"1.,'.'
1.# ' ).,-.# ' ($ ' a")$,62 ' $2 ' 1. ' 1"-$,.-*,. ' 1.-"2.E ' F*$ ' 2&# ' C$,?"-$2 ' .($2-,.,2&# ' $2 ' 1.'
"2-"?"(.('($1'C$,#&2.I$'$2')*$#-"62E'&'.'1.#','2A)/%'2)/'($'R.2'0>*#-K2E'(&2($'#$'
,$:"$,$2'.1>*2.#'($'#*#'?H#'K2-"?.#'$cC$,"$2)".#'C$,#&2.1$#<'D.').,.)-$,"3.)"62'($'
1&#'"2("B"(*&#'$2'1.'+"&>,.:K.'>,"$>.'">2&,.'1.'"2-"?"(.('($1';&<'D.'.C.,")"62'($'1.'
)&2)"$2)".'"2("B"(*.1'($#($'1.'C$,#C$)-"B.'?&($,2.'-"$2$'1*>.,'$2'LC&).'"?C$,".1E'.'
1&'1.,>&'($'1&#'#">1&#'555';'5i'(<a<'D.'"($.')&1$)-"B.'($'1.')&?*2"(.('&'$1'$#-.(&E'F*$'
.C.,$)$',$:1$I.(.'$2'1.#'-,.>$(".#'>,"$>.#E'C,"?6'($'?.2$,.').#"'.+#&1*-.'#&+,$'1.#'
-$2($2)".# ' ?H# ' "2("B"(*.1$# ' ; ' C$,#&2.1"#-.#< ' R61& ' $2 ' $1 ' C$,K&(& ' 8$1$2K#-")& ' #$'
,$)&2&)"$,&2 ' )&?& ' C,&C".?$2-$ ' >,"$>.# ' 1.# ' ?.2":$#-.)"&2$# ' "2("B"(*.1"#-.#'
,$C,$#$2-.(.#'$2'1&#'C&$-.#'1K,")&#'>,"$>&#<'!$'$#-.':&,?.E'2&#'8.11.?&#'1$I&#'($'
C&($, ' $2-$2($, ' *2 ' ?*2(& ' F*$ ' #$ ' 2&# ' $#).C. ' ).#" ' C&, ' -&(.# ' C.,-$#E ' .I$2& ' $'
"2($#)":,.+1$ ' $2 ' ?*)8&# ' ($ ' #*# ' $1$?$2-&#E ' C,"?"-"B& ' ; ' $c6-")& ' $2 ' .1>*2&# ' &-,&#E'
"2)1*#&'($C1&,.+1$';',"(K)*1&'$2'.1>*2&#'($'$11&#E';E'$2'($:"2"-"B.E'($#$#C$,.(.?$2-$'
.I$2&E')&?&'#$%.16'$2'#*'(K.'$1'$#-*("&#&'"2>1L#'7&2$#'.1').1":").,'($'$#-.':&,?.'$1'
*2"B$,#&'($'1.'-,.>$(".'>,"$>.E'*2.'$cC,$#"62'F*$'8"3&'1*$>&':&,-*2.'.1'#$,'.C1").(.'
.1'C.2&,.?.'>1&+.1'($'1.'02-">l$(.('C&,'*2'8"#-&,".(&,'($'1.'-.11.'($1'.?$,").2&'
S&#$#'M"21$;<

"*

1,-23$-4")#43$-5-6")#%&#

-&'6&)&$%&'/#)'72%)&,"*',"%#,*8

D. ' )"B"1"3.)"62 ' >,"$>. ' .(F*","6 ' . ' C.,-", ' ($1 ' A$2.)"?"$2-& ' *2 ' C,$#-">"&'
"2("#)*-"+1$ ' F*$ ' 8. ' ?.2-$2"(& ' ).#" ' ($#($ ' $2-&2)$# ' 8.#-. ' 2*$#-,&# ' (K.# ' )&?&'
)"B"1"3.)"62 ' ?&(L1"). ' ; ' ,$C,$#$2-.-"B. ' ($ ' 1&# ' ?$I&,$# ' 1&>,&# ' ($1 ' #$, ' 8*?.2&< ' R*'
#*C$,"&,"(.('#&+,$'$1',$#-&'($'1.#')*1-*,.#'C.,$)K.'*2'8$)8&'"2)*$#-"&2.+1$'.'1.'B"#-.'
($'*2.#',$.1"3.)"&2$#'F*$'2&'.(?"-K.2'C.,.2>62'$2'2"2>*2&'($'1&#'-$,,$2&#<'4#-.'
"($.')&+,6'-&(.BK.'?.;&, ':*$,3.'.'1&'1.,>&'($'1&#'#">1&#'di555';'d5dE')*.2(&'1&#'
"($.1$# ' ,&?H2-")&# ' ),$.,&2 ' *2. ' N,$)". ' "?.>"2.,".E ' ).#" ' "2-.2>"+1$E ' :*$,. ' C&,'
)&?C1$-& ' ($1 ' -"$?C& ' ; ' ($ ' 1. ' 8"#-&,".E ' F*$ ' )&2#-"-*K. ' $1 ' :,.#)& ' ($ ' 1.# ' ?H# ' C*,.#'
$#$2)".# ' $#C","-*.1$#E ' ).C.)$# ' ($ ' "2#*:1., ' 1&# ' ?H# ' C,&:*2(&# ' #$2-"?"$2-&# ' ;'
$cC$,"$2)".#'.'F*"$2$#E'C&,'.)-"-*(';'-$?C$,.?$2-&E'$#-.+.2';. 'C,$C.,.(&#'C.,.'
,$)"+", ' #* ' C&($,&#& ' "2:1*I&< ' 41 ' 2.)"&2.1"#?& ' $?$,>$2-$ ' $2 ' .F*$11&# ' ?&?$2-&#'
)&2#.>,6'.($?H#'1.'"($.'($'F*$'1.')*1-*,.'$#C","-*.1'$,.'C.-,"?&2"&'$c)1*#"B&'($'*2'
#&1& ' C*$+1&E ' ($ ' *2. ' -,"+* ' & ' ($ ' *2. ' ,.3. ' ($-$,?"2.(.E ' ; ' #* ' )&2:">*,.)"62 ' :"2.1E'
,$#*1-.(&'($'$#$'>$2"&'C.,-")*1.,E'2&'($+K.E'C&,'-.2-&E'.C$2.#'2.(.'.'1.#'"2:1*$2)".#'
F*$'C*("$,.'8.+$,',$)"+"(&'($1'$c-$,"&,<'R$'"?C*#&'($'$#-$'?&(&'1.'"($.'($'*2.'
)*1-*,.'-,"+.1'C*,.';'$c)1*#"B.?$2-$'>,"$>.E'($-$2-.(&,.')$1&#.'($'-&(&#'#*#'1&>,&#<'
f2.'B"#"62'($'1.#')&#.#'F*$'.(F*","6'-.?+"L2').,-.'($'1$;'$2'$1'-$,,$2&'.).(L?")&'
)&2'1.')&2#.>,.)"62'($'1.':"1&1&>K.')1H#").')&?&'C"$3.'.2>*1.,'($'-&(&'$1'#"#-$?.'
$(*).-"B&'.1$?H2'.')&?"$23&#'($1'd5dE'($'1.'?.2&'($'o"18$1?'B&2'h*?+&1(-E'*2'
?&($1&'F*$'1*$>&'",,.(".,K.'#*'"2:1*$2)".'8.)".'$1',$#-&'($'1&#'C.K#$#'$*,&C$&#';'($'
0?L,").<
4#-$'C,&)$#&'($'#.),.1"3.)"62'($'1&'>,"$>&'2&'#$'B"&'#$,".?$2-$'.:$)-.(&'C&,'
$1'),$)"$2-$'($#)*+,"?"$2-&'($'1.#')"B"1"3.)"&2$#'&,"$2-.1$#'F*$'$?C$3.+.'.'11$B.,#$'
.').+&'C&,'.F*$11&#'?"#?&#'?&?$2-&#<'b&,'$1')&2-,.,"&E'1.'.C.,")"62'$2'$#)$2.'($'1.'
)*$#-"62 ' "2(&$*,&C$.E ' F*$ ' C,&)1.?.+. ' 1. ' $c"#-$2)". ' ($ ' *2. ' C.-,". ' ; ' *2. ' 1$2>*.'
)&?*2$#E'&,">"2.,".#'($'1.#'C,"2)"C.1$#')*1-*,.#'($'4*,&C.';'0#".')&?&',$#*1-.(&'($'
*2. ' "2B.#"62 ' $#).1&2.(. ' ($#($ ' .1>J2 ' 1*>., ' $2 ' $1 ' )$2-,& ' ($ ' 1.# ' $#-$C.#'
$*,&.#"H-").#E'.)$2-*6'-&(.BK.'?"#'1.'),$$2)".'$2'1.'#"2>*1.,"(.('$c-,.&,("2.,".'($'1.'

")

)"B"1"3.)"62 ' >,"$>.E ' "1*#-,$ ' 8$,$($,. ' ($ ' .F*$11&# ' ,$?&-&# ' &,K>$2$# ' #$C-$2-,"&2.1$#E'
:,$2-$ ' . ' *2 ' ?*2(& ' &,"$2-.1 ' ).(. ' B$3 ' ?H# ' ?.,>"2.(& ' C&, ' ,.3&2$# ' .).(L?").# ' $'
"($&16>").#<'D.'#$C.,.)"62'),$)"$2-$'($'1&#'$#-*("&#'+K+1")&#'($'1.':"1&1&>K.')1H#").'
F*$'#$'.C*2-.+.'$2'01$?.2".')&"2)"("6')&2'*2')"$,-&'($#(L2'8.)".'-&(&'1&'#$?K-")&'
$2 ' *2. ' C$1">,&#. ' ).,,$,. ' F*$ ' .).+.,K. ' -$2"$2(& ' 2$:.#-.# ' )&2#$)*$2)".#< ' 4#-.'
,$.:",?.)"62'($'1.')*1-*,.'>,"$>.')&?&',$C,$#$2-.2-$ '$2'$c)1*#"B.'($'1&#'B.1&,$#'
:*2(.?$2-.1$# ' ($1 ' ?*2(& ' &))"($2-.1 ' 1. ' )&2B$,-K. ' $2 ' *2 ' :$26?$2& ' 8"#-6,")& ' ($'
).,H)-$,'$c)$C)"&2.1';'J2")&E'$cC1").+1$'#61&'C&,'#K'?"#?&'#"2'2$)$#"(.('($',$)*,,",'
. ' &-,&# ' C.,.1$1&#E ' )&?& ' #*,>"(& ' ($ ' 1. ' 2&)8$ ' . ' 1. ' ?.%.2. ' $2 ' *2 ' ,"2)62 ' ($1'
S$("-$,,H2$&<
R*,>K.'.#K'$1'($2&?"2.(&'p?"1.>,&'>,"$>&qE'#$>J2'1.':6,?*1.'.)*%.(.'C&,'$1'
)L1$+,$'&,"$2-.1"#-.':,.2)L#'4,2$#-'A$2.2'C.,.').1":").,'$1'#&,C,$2($2-$'$'"2$#C$,.(&'
.*>$'($'1.')"B"1"3.)"62'>,"$>.'.'C.,-",'($1'C$,K&(&'.,).")&E'C,H)-").?$2-$ '):#2%-%&'E'
F*$')*1?"2.,K.'($':&,?.'+,"11.2-$')&2'$1':1&,$)"?"$2-&'$c-,.&,("2.,"&'($'1.'1"-$,.-*,.';'
1.# ' .,-$# ' $2 ' $1 ' C$,K&(& ' )1H#")&< ' N,$)". ' ,$C,$#$2-.+.E ' ($ ' $#-. ' :&,?.E ' $1 ' C1$2&'
($#$2B&1B"?"$2-& ' ($ ' 1. ' "2("B"(*.1"(.( ' ; ' ($1 ' C$2#.?"$2-& ' ; ' #$ ' )&2B$,-K. ' $2 ' 1.'
),$.(&,.'"2("#)*-"+1$'($'1&#')&2)$C-&#'($'8*?.2"(.(E'1"+$,-.(E'+$11$3.';'#.+"(*,K.'
F*$'8.2')&2#-"-*"(&'1.#'C.*-.#'($:"2"-&,".#'($'-&(.'1.')"B"1"3.)"62'&))"($2-.1'C&#-$,"&,<'
R$ ' ,$)&2&)K.2 ' B$1.(.?$2-$ ' .1>*2&# ' .B.2)$# ' $cC$,"?$2-.(&# ' C&, ' &-,.# ' )*1-*,.#'
.2-$,"&,$#'$2'-$,,$2&#')&?&'1.#'?.-$?H-").#E'1.'.#-,&2&?K.'&'1.'?$(")"2.E'C$,&'$11&'
2&'#&).B.+.'.C$2.#'1.'C&#")"62'8$>$?62").'($'1.')*1-*,.'>,"$>.E'F*$'8.+,K.'#.+"(&'
.(&C-.,';'.(.C-.,'.F*$11&# '1&>,&#'($2-,&'($'#*'C,&C".'("2H?").E'($#.,,&11H2(&1&#'
1*$>&'($2-,&'($'*2'2*$B&')&2-$c-&'?H#',.)"&2.1';'$?C,$2($(&,'($#($'$1'C*2-&'($'
B"#-.')"$2-K:")&<
R"2'$?+.,>&E'*2.'?",.(.'?H#'.-$2-.'.'1.',$.1"(.('($'1.#')&#.#';'.I$2.'C&,'
)&?C1$-&'.'1.'"($&1&>K.';'.'1&#'C,$I*")"&#')*1-*,.1$#'2&#'$2#$%.'*2.'8"#-&,".'+"$2'
(":$,$2-$< ' 41 ' ?*2(& ' >,"$>& ' 2*2). ' $#-*B& ' ."#1.(& ' ($ ' #* ' $2-&,2& ' >$&>,H:")& ' $'
8"#-6,")&<'41'?.,'F*$',&($.+.'1.#')&#-.#'C$2"2#*1.,$#';'1.#'"#1.#'2&')&2#-"-*;6'2*2).'
*2.'+.,,$,.E'#"2&'?H#'+"$2'*2.'BK.'($')&?*2").)"62')&2#-.2-$?$2-$'.+"$,-.'$2-,$'
1&#'-$,,"-&,"&#')&1"2(.2-$#'F*$')&2:&,?.+.2'1.')*$2).'&,"$2-.1'($1'S$("-$,,H2$&<'D.#'
,$1.)"&2$#';'1&#'"2-$,).?+"&#'$2-,$'*2&#'C*$+1&#';'&-,&#'$,.2'*2':$26?$2&':,$)*$2-$'
F*$'-,.-.+.'($')&?C$2#.,'($'$#-.':&,?.'$1'($#$F*"1"+,"&'2.-*,.1'$2'1.'("#-,"+*)"62'($'
1&#',$)*,#&#'2.-*,.1$#<'D.'C,$-$2("(.'8&?&>$2$"(.(')*1-*,.1'2"'#"F*"$,.'$c"#-"6'$2'$1'
C*2-& ' ($ ' C.,-"(.< ' a.#" ' ($#($ ' $1 ' C,"2)"C"& ' #$ ' .(B"$,-$ ' 1. ' C,$#$2)". ' .)-"B. ' ($'
$1$?$2-&#')*1-*,.1$#'("B$,#&#'$2'1.')&2:">*,.)"62'($'$#$')&?C1$I&'F*$')&2'$1'C.#&'
($1'-"$?C&'#$')&2B$,-",K.'$2'1.')"B"1"3.)"62'>,"$>.<'D.'11$>.(.'($'>$2-$#'($'"2(*(.+1$'
&,">$2'"2(&$*,&C$&E'F*$'.,,"B.,&2'.'1.'C$2K2#*1.'+.1)H2").'$2'(":$,$2-$#'?&?$2-&#'
($1'#$>*2(&'?"1$2"&'.<aE'#$C.,.(&#'F*"3H'C&,'$#C.)"&#'($'-"$?C&')&2#"($,.+1$#E'2&'
#$ 'C,&(*I& ' $2 ' ?$("& ' ($ ' *2 ' B.)K& ' 8"#-6,")& '2" ' #">2":")6 ' 1. ' )&?C1$-. ' ($#-,*))"62 ' &'
$1"?"2.)"62 ' ($ ' 1.# ' C&+1.)"&2$# ' C,$)$($2-$# ' F*$ ' &)*C.+.2 ' (")8& ' -$,,"-&,"&< ' D.#'
-,.2#:&,?.)"&2$# ' )*1-*,.1$# ' 2& ' #$ ' $cC1").2 ' ;. ' )&2 ' 1. ' #"?C1$ ' ,$:$,$2)". ' . ' *2.'
"2B.#"62'F*$'#*#-"-*;$')&2'#*#'&+I$-&#'?.-$,".1$#';'#*'?&($1&'#&)".1'.'1.')*1-*,.'
C,$)$($2-$E'#"2&'C&,'?$("&'($'*2'C,&)$#&'?*)8&'?H#')&?C1$I&';'("1.-.(&'$2'$1'
-"$?C&'$2'$1'F*$'"2-$,B"$2$2'-.2-&'1.'"2:1*$2)".'($'2*$B.#'>$2-$#'B$2"(.#'($':*$,.'
)&?&'1.'$B&1*)"62'"2-$,2.'2.-*,.1'C,&(*)"(.'C&,'$1'C.#&'($1'-"$?C&E'F*$'-"$2($'.'
($#.,,&11., ' . ' B$)$#E ' ($2-,& ' ($ ' *2. ' ?"#?. ' )*1-*,.E ' ).?+"&# ' $#C$)-.)*1.,$#< ' D.'
)&2-"2*"(.('($'1.#')*1-*,.#'C,$8$1L2").#'C,$)$($2-$#'#$'($I.'#$2-",E'.#KE'$2',.#>&#'
-.2 ' ).,.)-$,K#-")&# ' )&?& ' .1>*2&# ' -L,?"2&# ' #">2":").-"B&# ' ($1 ' C,&C"& ' B&).+*1.,"&'

"!

>,"$>&< ' D. ' C.1.+,. ' $#C$)K:"). ' C.,. ' ($#">2., ' $1 ' ?.,E '(-?&"//"E ' $# ' ($ ' &,">$2'
C,$8$1L2")&';')&2-,.#-.')&2'1&#'-L,?"2&#',$#-.2-$#'*-"1"3.(&#'C.,.'$#-$'H?+"-&E'($'
"2$F*KB&).',.">.?+,$'>,"$>.E')&?& '6'2('/E '68&"B'/' & '-"&/E'F*$'-"$2$2'*2'#$2-"(&'
&,">"2.,"&'C,&C"&')&?&'$1'($'p).?"2&qE'p#*C$,:")"$'$c-$2#.q';'p$1$?$2-&'#.1.(&q'
,$#C$)-"B.?$2-$';'#61&'#$'8.2'$?C1$.(&')&?&'2&?+,$#'($1'?.,'($':&,?.'-.2>$2)".1'
; ' ($,"B.-"B.<' 41 '?., ' )&?& ' -.1 ' 2& '$,.E ' $B"($2-$?$2-$E ' *2 ' $1$?$2-& ' ($ ' 1.' ,$.1"(.('
"2?$(".-. ' ($ ' 1&# ' C,"?$,&# ' 8.+1.2-$# ' >,"$>&# ' F*$ ' #$ ' B"$,&2 ' &+1">.(&# ' . ' *-"1"3.,'
C$,K:,.#"# ' ($#),"C-"B.# ' C.,. ' ($2&?"2., ' *2 ' ?$("& ' F*$ ' 1$# ' $,. ' $2 ' C,"2)"C"&'
($#)&2&)"(&';'.1'F*$':*$,&2'#*)$#"B.?$2-$'.C1").2(&'&-,&#').1":").-"B&#'$2':*2)"62'
($'#*'*-"1"3.)"62'=)&?&'BK.'($')&?*2").)"62@E'($'#*'.#C$)-&'&'($'#*')&2-$2"(&<'01>&'
#"?"1.,'#*)$("6')&2'.1>*2&#'-L,?"2&#'F*$'($#">2.+.2',.#>&#').,.)-$,K#-")&#'($'1.'
2.-*,.1$3. ' & ' $1 ' C."#.I$ ' >,"$>&E ' )&?& ' 1&# ' 2&?+,$# ' ($ ' CHI.,&# ' ; ' C1.2-.#E ' & ' )&2'
($-$,?"2.(&# '-&C62"?&#E'F*$'C$,?.2$)"$,&2'.2)1.(&# ')&?&'-.1$#'$2'1.'?$?&,".'
)&1$)-"B.'>,"$>.';':*$,&2'"2)&,C&,.(&#'.'#*'B&).+*1.,"&<'D&#'2*?$,&#&#'2&?+,$#'
.).+.(&#'$2'J2(-'/E')&?&'a&,"2-&'&'T","2-&E'&'$2'J//'/E')&?&'$1'$?+1$?H-")&'?&2-$'
b.,2.#&'&'1.')"*(.('),$-$2#$'($'a2&##&#E'#&2'.1>*2&#'$I$?C1&#<
D.# ' C,"?$,.# ' $-.C.# ' ($ ' 1. ' 8"#-&,". ' F*$ ' C*$($2 ' )&2#"($,.,#$ ' C,&C".?$2-$'
>,"$>.# '?*$#-,.2 ')1.,&# ' "2(")"&# '($ '#*# ',$1.)"&2$# ')&2 '$1 '$c-$,"&,<'D. ')"B"1"3.)"62'
?")L2"). ' 2& ' #*,>$ ' ($ ' 1. ' 2.(. ' ; ' #*# ' )&2$c"&2$# ' )&2 ' $-.C.# ' .2-$,"&,$# ' 8.2 ' #"(&'
C*$#-.#'($'?.2":"$#-&'C&,'1&#'8.11.3>&#'.,F*$&16>")&#<'R&2'-.?+"L2'$B"($2-$#'1.#'
#$%.1$#'($'"2:1*$2)".'($'1.#')"B"1"3.)"&2$#'$>$.#'C,$)$($2-$#')&?&'1.'),$-$2#$E'2&'
#61&'$2'1.')&2:">*,.)"62'C&1K-").';'#&)".1'($'1.')*1-*,.'?")L2").E'F*$'-$2K.'#*')$2-,&'
$2'$1'C.1.)"&E'#"2&'$2'-&(&'$1'($#.,,&11&'($'#*#'C,"2)"C.1$#'?.2":$#-.)"&2$#'.,-K#-").#E'
)&?&'1&#':,$#)&#'?*,.1$#';'1&#'&+I$-&#'($'1*I&<'a&2#-"-*;$'">*.1?$2-$'*2.',$.1"(.('
"22$>.+1$'1.'$c"#-$2)".'($'*2'$2-,.?.(&')*1-*,.1'($').,H)-$,'"2-$,2.)"&2.1'$2'-&(.'1.'
)*$2). ' &,"$2-.1 ' ($1 ' 4>$& ' $2 ' $1 ' F*$ ' "2-$,B$2K.2 ' .)-"B.?$2-$ ' -&(.# ' 1.# ' )*1-*,.#'
"2-$>,.(.#'($2-,&'($'(")8&')&2-$c-&'>$&>,H:")&E'($#($'1.'N,$)".')&2-"2$2-.1';'1.#'
"#1.#'8.#-.'1.#')&#-.#'#","&mC.1$#-"2.#';'4>"C-&<
D.#'$-.C.#':&,?.-"B.#'($1'C$,K&(&'.,).")&',$:1$I.2'-.?+"L2'1.'C,$#$2)".'.)-"B.'
($'1.#'"2:1*$2)".#'$c-$,"&,$#E'($#($'1&#'J1-"?&#'?&?$2-&#'($'1.'($2&?"2.(.'LC&).'
&#)*,.E'F*$'#">*"6'.1'C$,K&(&'($'($#-,*))"&2$#'?.#"B.#'F*$'.#&16'+*$2.'C.,-$'($1'
)&2>1&?$,.(&'C&1K-")&';')*1-*,.1'$>$&'($'1.'4(.('($1'\,&2)$E'8.#-.'$1'#">1&'i555'.<aE'
*2'?&?$2-&')&2&)"(&')&?&'C$,K&(&'&,"$2-.1"3.2-$E'C&,'1&#'#">2&#'"2$F*KB&)&#'F*$'
($1.-.2'(")8.'C,&)$($2)".'$2').#"'-&(.#'1.#'?.2":$#-.)"&2$#'.,-K#-").#';')*1-*,.1$#'
($'1.'LC&).<'41'C,$-$2("(&'."#1.)"&2"#?&'>,"$>&'#$'8.'?&#-,.(&E'.#KE')&?&'*2.'-$#"#'
)&?C1$-.?$2-$'"2B".+1$'.'1.'1*3'($'1.'(&)*?$2-.)"62'("#C&2"+1$E'C,&)$($2-$'($'1&#'
8.11.3>&# ' .,F*$&16>")&# ' ; ' ($1 ' ($#)":,.?"$2-& ' ($ ' 1&# ' -$c-&# ' ($ ' 1. ' 1"-$,.-*,. ' ($1'
b,6c"?&'e,"$2-$E'F*$'2&#',$B$1.'1.'$c"#-$2)".'($'*2.')&?C1$I.',$('($'"2:1*$2)".#'
.)-*.2(& ' ($ ' ?.2$,. ' $:").3 ' .11K ' (&2($ ' .2-$# ' #61& ' #$ ' F*$,K. ' B$, ' $1 ' #*,>"?"$2-&'
.C.,$2-$?$2-$ ' $#C&2-H2$& ' ($ ' ?*)8&# ' ($ ' 1&# ' :$26?$2&# ' F*$ ' ).,.)-$,"3.2 ' $1'
($2&?"2.(&',$2.)"?"$2-&'>,"$>&'($1'C$,K&(&'.,).")&<
D&#'"2(")"&#'C,&+.-&,"&#'($'1.'$c"#-$2)".'($'$#-&#')&2-.)-&#'$'"2:1*$2)".#'($'
1.#')"B"1"3.)"&2$#'&,"$2-.1$#'$2'1.')*1-*,.'>,"$>.'#&2')"$,-.?$2-$E').(.'(K.'F*$'C.#.E'
?H# ' .+*2(.2-$ ' ; ' )&2#"#-$2-$#< ' D. ' C,&C". ' .(&C)"62 ' ($1 ' .1:.+$-&E ' ($ ' "2$F*KB&).'
C,&)$($2)". ' :$2")".E ' F*$ ' #$ ' )&2B",-"6 ' $2 ' *2& ' ($ ' 1&# ' "2#-,*?$2-&# ' )$2-,.1$# ' F*$'
C&#"+"1"-.,&2'$1'($#.,,&11&'C&1K-")&';')*1-*,.1'($'1.')"B"1"3.)"62'>,"$>.E')&2#-"-*;$'*2'
)1.,&'-$#-"?&2"&'($'1.'$c"#-$2)".'($',$1.)"&2$#'$#-,$)8.#')&2'&-,.#')*1-*,.#'$2'*2&#'
?&?$2-&#'-,.#)$2($2-.1$#'$2'1&#'F*$'$1'?*2(&'>,"$>&'$#-.+.'+*#).2(&';'-,.-.2(&'

""

($'($:"2",'#*'C,&C".':"#&2&?K.<'D.'?.#"B.'C,$#$2)".'($'&+I$-&#'($':.)-*,.'&,"$2-.1'$2'
1&#'>,.2($#'#.2-*.,"&#'>,"$>&#E')&?&'1&#'($'9$*#'$2'e1"?C".'&'$1'($'h$,.'$2'1.'"#1.'
($'R.?&#E')&2#-"-*;$'&-,&'($'1&#'-$#-"?&2"&#'F*$'.B.1.2'1.'$c"#-$2)".'($'*2'.)-"B&'
"2-$,).?+"&'?.-$,".1E'F*$'#$>*,.?$2-$'2&'("#)*,,"6'($1'-&(&'.I$2&'.'*2.')",)*1.)"62'
C.,.1$1.'($'"($.#'$'"2("B"(*&#'$2-,$'1.#'(":$,$2-$#')&#-.#'($'1.')*$2).'&,"$2-.1'($1'
S$("-$,,H2$&<'D.',$.1"(.('"2)*$#-"&2.+1$'($'$#-.#'-,.2#:$,$2)".#')*1-*,.1$#'#$'C&2$'
($ ' ?.2":"$#-& ' $2 ' 1&# ' C.,.1$1&# ' +"$2 ' $#-.+1$)"(&# ' $2-,$ ' *2 ' )&?C1$I& ' C&$?.'
)&#?&>62")&')&?&'$#'1.'0)'B'2%"'($'h$#K&(&';'1.'?"-&1&>K.'&,"$2-.1E'($#($'H2>*1&#'
-.2'("B$,#&#')&?&'1&#'-$c-&#'8"-"-.#'F*$'-,.#?"-$2'$1'?"-&'($'v*?.,+"E'$1'C.,.1$1&'($1'
a,&2&#'>,"$>&E'1.'.2-">*.'1"-$,.-*,.'+.+"1&2".'$2-&,2&'.'1.':">*,.'("B"2.'($'#*'("&#'
S.,(*j'&'1&#'?H#',$)"$2-$#'-$#-"?&2"&#'($'1.'1"-$,.-*,.').2.2$.E'($#)*+"$,-&#'$2'
f>.,"-E'$2'1.')&#-.'#","&mC.1$#-"2.<
4#-. ' )&,,"$2-$ ' ($ ' "2:1*I&# ' &,"$2-.1$# ' C,&+.(&# ' 2& ' )&2#-"-*;$ ' *2 ' :$26?$2&'
?.,>"2.1 ' ;'."#1.(&E ' F*$ ' C&(,K. ' ,$#*1-., ' C$,:$)-.?$2-$ '.#*?"+1$ ' ($#($ '*2. ' B"#"62'
)1.#")"#-.E'$?C$%.(.'$2'#$>*",',$#.1-.2(&'1.'C,$-$2("(.'&,">"2.1"(.('($'U.')*1-*,.'
>,"$>.<'R$'8.'($?&#-,.(&E'C&,'$1')&2-,.,"&E'($':&,?.')&2-*2($2-$'F*$'1&#'"2:1*I&#'
&,"$2-.1$#'.:$)-.2'"2)1*#&'.'1&#'?H#'#.>,.(&#'+.#-"&2$#'($'1.')*1-*,.'>,"$>.')&?&'
#&2'1&#'C&$?.#'8&?L,")&#'&'1.#'-$&,K.#'($'1&#'C,"?$,&#'C$2#.(&,$#<'41'$#-*("&'($'
$#-.# ' )*$#-"&2$# ' #$ ' B$ ' :&,3.(& ' $2 ' 1. ' .)-*.1"(.( ' . ' -&?., ' $2 ' )*$2-.E ' ($#($ ' *2.'
C$,#C$)-"B.'?H#'.?C1".E'1&#'-$?.#E'?&-"B&#';'$cC,$#"&2$#'C,&C".#';').,.)-$,K#-").#'
($'1.'1"-$,.-*,. ';'$1'C$2#.?"$2-&'&,"$2-.1$#<'4# ')"$,-&'F*$ '($#($'$1'#">1&'di55'#$'
)&2&)K.2'1&#'C.,.1$1"#?&#'$c"#-$2-$#'$2-,$'.1>*2&#'C.#.I$#'($1'02-">*&'T$#-.?$2-&'
;'1.'C&$#K.'8&?L,").E';'#$'8.+K.'11.?.(&'-.?+"L2'1.'.-$2)"62'#&+,$'1.'C,$#$2)".'($'
:$2")"&#';'$>"C)"&#'$2'1. 'K+%/)"<'R"2'$?+.,>&E'(")8.#'#"?"1"-*($#'2&'C.#.,&2'($'1.'
?$,.'.2L)(&-.'8.#-.'+"$2'$2-,.(&'$1'#">1&'ddE'*2.'B$3'#*C$,.(&#E'-K?"(.?$2-$'$2'
*2'C,"2)"C"& ';'?H#'($)"("(.?$2-$'($#C*L#E '1&#'C,$I*")"&# '"($&16>")&# ';')*1-*,.1$#'
F*$ ' "?C$(K.2 ' $c-,.$, ' 1.# ' )&2#$)*$2)".# ' ?H# ' $B"($2-$# ' ($ ' -.1$# ' C.,.1$1"#?&#<'
h&?$,&'$,.')&2#"($,.(&'$1'C.,.(">?.'($1'>$2"&'8$1L2")&';'$1'B$,(.($,&'"2")".(&,'($'
1.')*1-*,.'&))"($2-.1E'C&,'1&'F*$'2&',$#*1-.+.'.)&2#$I.+1$'C&2$,'$2'$2-,$(")8&'#*'
C,&)1.?.(. ' C*,$3. ' 8$1L2"). ' . ' 1. ' B"#-. ' ($ ' 1& ' F*$ ' C&(,K.2 ' #$, ' -.2 ' #61& ' #"?C1$#'
)&"2)"($2)".#< ' 41 ' C,"?$,& ' F*$ ' 11.?6 ' 1. ' .-$2)"62 ' $2 ' $#-$ ' -$,,$2& ' :*$ ' $1 ' $#-*("&#&'
"2>1L#'o"11".?'N1.(#-&2$E'F*$'($+$'#*':.?.'?H#'.'1.')&2(")"62'($'C,"?$,'?"2"#-,&'($'
1.')&,&2.'+,"-H2").'F*$'.'#*'C&#")"62'$2'$1'$#).1.:62'"1*#-,$'($'1.':"1&1&>K.')1H#").<'41'
,$)&2&)"?"$2-&'($'1.#'"2:1*$2)".#'&,"$2-.1$#'$2'1.#'C,"2)"C.1$#'&+,.#'($'1.'1"-$,.-*,.'
>,"$>.'-$?C,.2.'#$'8"3&'?H#':.)-"+1$'$2'1.'C,"?$,.'C.,-$'($1'#">1&'ddE')*.2(&'1.#'
)&2#-.-.)"&2$# ' .C&,-.(.# ' C&, ' 1&# ' -$c-&# ' 8"-"-.# ' ; ' *>.,K-")&#E ' F*$ ' )&2:",?.+.2 ' 1&#'
C.,.1$1"#?&#'$B"($2-$#')&2'1.'C&$#K.'8$#"6(").E'8")"$,&2';.'C,H)-").?$2-$'"2B".+1$'$1'
#&#-$2"?"$2-&'.'*1-,.23.'($'1.'C&#-*,.'."#1.)"&2"#-.<
R"2'$?+.,>&E'-.1$#'$B"($2)".#'2&'?$,?.,&2'1.')&2:".23.'($'F*"$2$#'#$>*K.2'
?.2-$2"$2(& ' 1. ' C,"?.)K. ' ; ' &,">"2.1"(.( ' ($1 ' ?&($1& ' )*1-*,.1 ' 8$1L2")&< ' D&# ' C&)&#'
$#-*("&#&# ' ($ ' ?$(".(&# ' ($1 ' #">1& ' dd ' F*$ ' #$ ' ?&#-,.,&2 ' )&2#)"$2-$# ' ($ ' 1.'
"?C&,-.2)". ' F*$ ' 1.# ' )*1-*,.# ' &,"$2-.1$# ' 8.+K.2 ' ($#$?C$%.(& ' $2 ' 1. ' >L2$#"# ' ;'
)&2#-"-*)"62 ' ($ ' 1. ' 1"-$,.-*,. ' >,"$>.E ' )&?& ' $1 ' .1$?H2 ' M,.23 ' !&,2#$"::E ' :*$,&2'
)&2($2.(&#'.'&)*C.,'*2'$#C.)"&'?.,>"2.1'($'1.':"1&1&>K.')1H#").E'(&2($')&2-"2*.+.2'
"?C$,.2(&'1&#'B"$I&#'$#F*$?.#'($'1.'"2("#)*-"+1$'#*C,$?.)K.';'#"2>*1.,"(.('($'1&#'
>,"$>&#< ' 0 ' C.,-", ' ($ ' 1. ' ?"-.( ' ($1 ' #">1&E ' $2 ' ).?+"&E ' 1. ' ,$#"#-$2)". ' $?C$36E'
-K?"(.?$2-$E'.')$($,<'D.'C*+1").)"62'($'.1>*2&#'-$c-&#'8"-"-.#'?&#-,.+.'($':&,?.'
"2.C$1.+1$'1.'#"?"1"-*(')&2'1&#'$#F*$?.#';'C$,#&2.I$#'($'1.'C&$#K.'($'h$#K&(&E';'$1'

"#

($#)":,.?"$2-&'($'1.'$#),"-*,.'#"1H+").'$2)&2-,.(.'$2'1.#'-.+1"11.#'($'.,)"11.'($'1&#'
C.1.)"&#'?")L2")&#E'($2&?"2.(.'1"2$.1'\E'F*$'($?&#-,.+.'F*$'1&#'8.+"-.2-$#'($'1.#'
>,.2($#':&,-.1$3.#'($#)*+"$,-.#'$2'#*'(K.'C&,'R)81"$?.22'$,.2'>,"$>&#E')&2(*I&'.'
.1>*2&# ' ,$C*-.(&# ' $#C$)".1"#-.# ' . ' "2-$,$#.,#$ ' C&, ' $#-&# ' C$,K&(&# ' ($ ' 1. ' 8"#-&,".'
C,$)1H#").<'D.'C,$#$2)".'"2("#)*-"+1$'($'$1$?$2-&#'&,"$2-.1$#'$2'1.#'C,"?$,.#':.#$#'
($'1.'$1.+&,.)"62';'-,.#?"#"62'($'1&#'C&$?.#'8&?L,")&#'$?C$3.+.'.')&2B$,-",#$'$2'
*2 ' 8$)8& ' "2)*$#-"&2.+1$ ' F*$ ' $2-,.+. ' C&)& ' . ' C&)& ' . ' :&,?., ' C.,-$ ' ($ ' 1&#'
C1.2-$.?"$2-&#')1.#")"#-.#':*2(.?$2-.1$#<'h&;'$2'(K.E'1&#'-,.+.I&#'($1'#*"3&'o.1-$,'
\*,j$,-E'*2'"1*#-,$'$#-*("&#&'($'1.',$1">"62'>,"$>.'F*$'8.'.8&2(.(&'$2'1.')&2),$)"62'
($'1&#'.>$2-$#'$'"-"2$,.,"&#'($'?*)8.#'($'1.#'"2:1*$2)".#E')&?&'$#'$1').#&'($'1&#'
.("B"2&# ' ; ' .,-$#.2&# ' "-"2$,.2-$# ' )*;. ' C,$#$2)". ' C.,$)$ ' ($?&#-,.(. ' $2 ' .1>*2&#'
1*>.,$#' ($ 'a,$-.'& '($1 'n-").E ';' ?H#',$)"$2-$?$2-$ '($ 'S.,-"2' o$#-E'&-,&' +,"11.2-$'
:"161&>&'.'1.'B"$I.'*#.23.E')&?&',$B$1.2'#*#'-,.-.(&#'#&+,$'),K-").'-$c-*.1'&'#&+,$'1.'
?J#").'>,"$>.'I*2-&')&2'#*#'$(")"&2$#'($'1&#'C&$?.#'8$#"6(")&#E'F*$'8.',$)&C"1.(&'
-&(& ' $1 ' ?.-$,".1 ' ("#C&2"+1$ ' $2 ' *2 ' B&1*?"2&#& ' 1"+,& ' C1$2& ' ($ ' )&2#-.-.)"&2$# ' ;'
#*>$,$2)".#E'C.,$)$2')&2:",?.,'($'?.2$,.'($)"("(.')*H1'$#'$1').?"2&'.'#$>*",'$2'
$#-$'-$,,$2&<
41 ' p?"1.>,& ' >,"$>&q ' 8. ' $?C$3.(& ' -.?+"L2 ' . ' ?&#-,., ' ),$)"$2-$# ' #">2&# ' ($'
($+"1"(.( ' ($#($ ' #* ' C,&C". ' )&2#"#-$2)". ' "2-$,2. ' )&?& ' ?&($1& ' )*1-*,.1 ' "2.1-$,.+1$<'
01>*2&#' $#F*$?.# 'F*$' C.,$)K.2'.B.1., '1.'C,$-$2("(.' #*C$,"&,"(.( ')*1-*,.1 ' >,"$>.'
#&+,$ ' 1.# ' )"B"1"3.)"&2$# ' &,"$2-.1$#E ' )&?& ' $1 ' C.#& ' ($)"#"B& ' ($#($ ' $1 ' ?"-& ' 8.)". ' 1.'
,.362'&C$,.(&'$2'.1>J2'?&?$2-&'.':"2.1$#'($1'C$,K&(&'.,).")&E'$1'$#-.+1$)"?"$2-&'($'
*2').2&2'($'+$11$3.'.'1.'?$("(.'8*?.2.'+.#.(&'$2'$1'2.-*,.1"#?&';'$2'1.'.,?&2K.'
($'1.#'C,&C&,)"&2$#E'F*$'($I.+.'.-,H#'1&#',K>"(&#'C.-,&2$#'($'1.'$#)*1-*,.'&,"$2-.1E'&'
1. ' "2B$2)"62 ' ($ ' *2 ' #"#-$?. ' C&1K-")& ' ($ ' ).,H)-$, ' C.,-")"C.-"B& ' $ ' ">*.1"-.,"& ' F*$'
)&2-,.#-.+.')&2'1.#'"2#*:")"$2)".#';'1"?"-.)"&2$#'($'1.#'?&2.,F*K.#'&,"$2-.1$#E'8.2'
#"(&',$)"$2-$?$2-$'C*$#-&#'$2'$2-,$(")8&<'f2.'&+,.')&?&'!'/#B.%)B'/#3#&'#%.."*%'2"&#
($'4,")'!&((#E'.C.,$)"(.'$2'1&#'.%&#')"2)*$2-.'($1'#">1&'ddE').*#6'*2.'$#C$)".1'
)&2?&)"62 ' $2 ' $1 ' &1K?C")& ' H?+"-& ' ($ ' 1&# ' $#-*("&# ' )1H#")&# ' .1 ' ($?&#-,., ' 1.'
"2)*$#-"&2.+1$ 'C,$#$2)".' ($ '$1$?$2-&#' )1.,.?$2-$ '",,.)"&2.1$#E 'F*$'2&' &)*C.+.2'
*2.'C&#")"62'#$)*2(.,".'&'?.,>"2.1E'($2-,&'($1'*2"B$,#&'?$2-.1';',$1">"&#&'>,"$>&<'
a&,,"$2-$# ' )&?& ' $1 ' &,:"#?& ' & ' 1&# ' ?"#-$,"&# ' ($ ' 41$*#"#E ' F*$ ' #$ ' )$1$+,.+.2 ' . ' 1.#'
?"#?K#"?.# 'C*$,-.# '($ ' 1. ' 1*?"2&#. ';' ,.)"&2.1 '0-$2.#E ',$B$1.,&2 ' #* ' $2$,>K. ';' #*'
)&2-"2*"(.( ' . ' 1& ' 1.,>& ' ($ ' -&(. ' 1. ' 8"#-&,". ' >,"$>.< 'T.?C&)& ' ,$#*1-. ' )"$,-& ' F*$ ' 1&#'
$#F*$?.# ' ?K-")&# ' C.#.,.2 ' . ' *2 ' #$>*2(& ' C1.2& ' .2-$ ' $1 ' C,$-$2("(& ' $?+.-$ ' ($1'
("#)*,#&',.)"&2.1E')&?&'C*$($')&?C,&+.,#$'$2'1&#',$1.-&#'($'h$,6(&-&E')&2#"($,.(&'
2.(.'?$2&#'F*$'$1':*2(.(&,'($'1.'8"#-&,".<'41'C.C$1').C"-.1'($'1&#'&,H)*1&#'&'($1'
($#-"2& ' $2 ' $1 ' ($#.,,&11& ' ($ ' 1&# ' .)&2-$)"?"$2-&# ' 8.+1. ' C&, ' #K ' #&1& ' .)$,). ' ($ ' 1.'
C,$-$2("(.'#*C$,.)"62'($'1&#'B"$I&#'C.-,&2$#'?K-")&#'F*$',$>*1.+.2'$1'?*2(&<']"'
#"F*"$,. ' 1.# ' "($.#E ' .C.,$2-$?$2-$ ' ,$B&1*)"&2.,".# ' ; ' ,&?C$(&,.#E ' ($ ' 1&# ' C,"?$,&#'
:"16#&:&#'#$'8.11.2'$c$2-.#'($'$#-$'1$>.(&<'b,"2)"C"&#')&?&'$1'.>*.'($'T.1$#'($+$2'
?*)8& ' ?H# ' ($ ' U& ' F*$ ' #$ ' C$2#.+. ' . ' $2-"(.($# ' ?K-").# ' )&?& ' $1 ' e)L.2&E ' $1 ' ,K&'
C,"?&,(".1';'("B"2&'F*$',&($.+.'-&(.'1.'-"$,,.';'($1'F*$'C,&)$(K.2'-&(&#'1&#')*,#&#'($'
.>*.<'b&,'J1-"?&E'1.'C,$-$2("(.'*2"B$,#.1"3.)"62'($'*2'#"#-$?.')&?&'1.'($?&),.)".'
#$'8.'B"#-&',$(*)"(.'.'*2':$26?$2&'C.,)".1E').#"'1"?"-.(&'.'0-$2.#';'.'#*'"?C$,"&'
?.,K-"?&E ' (&2($ ' 8.+,K. ' #"(& ' .($?H# ' "?C*$#-. ' . ' 1. ' :*$,3.E ' ;' ,$C1$-& ' .($?H# ' ($'
)&2-,.("))"&2$#E ' $2 ' )*;. ' #.),.1"3.)"62 ' 8.2 ' "2-$,B$2"(& ' ($ ' :&,?. ' ($)"#"B. ' 1&#'

"$

$:").)$#''C,&C.>.2(K#-")&#'($'1.'1"-$,.-*,.'.-$2"$2#$')&2-$?C&,H2$.'.1')&2-,.C&2$,1.'
.'1&#',$>K?$2$#'($#C6-")&#'&,"$2-.1$#<
41 ' p?"1.>,& ' >,"$>&q ' .C.,$)$ ' .#K ' ).(. ' B$3 ' ?H# ' .I*#-.(& ' . ' #*# ' C,&C"&#'
-L,?"2&#E ' )&2 ' #*# ' 1"?"-.)"&2$# ' $ ' "2)&2#"#-$2)".#E ' 1$I&# ' ($ ' "($.1"3.)"&2$#'
C,$)&2)$+"(.#'C&,'?&-"B&#'.I$2&#'.'#*'C,&C".'$#$2)".';'?H#')$,).2&'.'*2.',$.1"(.('
8"#-6,"). ' B$,&#K?"1 '; '.)&,($ ' )&2 ' #*# ' C&#"+"1"(.($# ',$.1$#< ' D. '"($. ' ($ '*2. ')*1-*,.'
>,"$>.'>,.2("&#.';'$#C$)-.)*1.,E')&?&',$#*1-.(&'$c)1*#"B&'($'#*'C,&C".'("2H?").'
"2-$,2.'#"2'8.+$,'#*:,"(&'.C$2.#'"2-$,:$,$2)".#'$c-$,2.#';'#"-*.(.'$2'$1')L2"-'($'1.#'
,$.1"3.)"&2$# ' 8*?.2.# ' )&?& ' C.,.(">?. ' . ' "?"-.,E ' ,$#*1-. ' 8&; ' $2 ' (K. ' *2 ' ?&($1&'
8"#-&,"&>,H:")& ' &+#&1$-& ' $ ' "2#&#-$2"+1$E ' )&2#-,*"(& ' ).#" ' $c)1*#"B.?$2-$ ' #&+,$'
C,$#*C*$#-&# ' "($&16>")&# ' .C,"&,K#-")&# ' F*$ ' C,"?.+.2 ' ).C,")8&#.?$2-$ ' *2&#'
$1$?$2-&# ' $2 ' ($-,"?$2-& ' ($ ' &-,&#E ' F*$ ' #"1$2)".+.2E '($ ' :&,?. ')&2#)"$2-$ ' & ' )&?&'
,$#*1-.(&'($'1.'">2&,.2)".E')*.1F*"$,')1.#$'($'"2:1*$2)".'$c-$,"&,';'F*$'$c.>$,.+.2E'
11$>.2(&'8.#-.'1.'($':&,?.)"62'>,&-$#).'$2'.1>*2&#').#&#E'1&#',.#>&#'($:"2"-&,"&#'($'
*2.')"B"1"3.)"62'?*)8&'?H#'8$-$,&>L2$.';'("B$,#.'($'1&'F*$'(")8&'?&($1&'C$,?"-K.'
"?.>"2.,<

-&'.*)92%$&'/#')&'7:0#1#&';#,"&8

f2.'($'1.#')&2-,"+*)"&2$#'?H#'($-$,?"2.2-$#'.1'C,&)$#&'($'($#.),.1"3.)"62'
($1'?&($1&'>,"$>&')1H#")&';'#*',$"2-$>,.)"62'($2-,&'($1'-$,,$2&'($'1.'8"#-&,".'$2'1&#'
J1-"?&# ' -"$?C&# ' 8. ' #"(& ' 1. ' &+,. ' ($ ' *2 ' #"261&>& ' .?$,").2& ' )*;&# ' ,&-*2(&#'
.1(.+&2.3&# ' )&1$.2E ' -&(.BK. ' 8*?$.2-$#E ' $2 ' 1&# ' :&,&# ' ($ ' ($+.-$ ' .).(L?")& ' $'
"2-$1$)-*.1< ' 41 ' 1"+,& ' ($ ' S.,-"2 ' \$,2.1E ' -"-*1.(& ' ;. ' ($ ' :&,?. ' )&2#)"$2-$?$2-$'
C,&B&).(&,. '4()2)"#>)B."L#!"/#."F*)/#"A.'"/%?(%*"/#+)#&"#*%M%&%N"*%;2#B.%)B"E')*;&'
C,"?$, ' B&1*?$2 ' .C.,$)"6 ' C*+1").(& ' $2 ' $1 ' .%& ' UZXYE ' 8. ' ($#$2).($2.(&E'
$:$)-"B.?$2-$E'*2.'.).1&,.(.'$'"2-$2#.'C&1L?").'F*$'8.'$c-$2("(&'#*#'$)&#'?H#'
.11H ' ($ ' 1.# ' .*1.# ' ; ' 1&# ' ($C.,-.?$2-&# ' *2"B$,#"-.,"&#< ' h. ' #"(& ' #&+,$ ' -&(& ' $2 ' 1&#'
4#-.(&#'f2"(&#'(&2($'$1'1"+,&'8.'1$B.2-.(&'*2.'?.;&,'C&1L?").')&2B",-"L2(&#$'$2'1.'
&+,. ' #&+,$ ' $1 ' ?*2(& ' .2-">*& ' ?H# ' )&2-,&B$,-"(. ' F*$ ' #$ ' 8. ' C*+1").(& ' $2 ' ?*)8&'
-"$?C&< ' D.# ' ?H# ' C,$#-">"&#.# ' .#&)".)"&2$# ' )"$2-K:").# ' 1$ ' 8.2 ' ($(").(& ' #$#"&2$#'
?&2&>,H:").#E'#$'8.2'$#),"-&'2*?$,&#&#'.,-K)*1&#'($'($+.-$'.1',$#C$)-&E'1.#',$B"#-.#'
?H#'>$2$,.1$#'$'"2)1*#&'1&#'(".,"&#'1$'8.2'($(").(&'*2'$#C.)"&')&2#"($,.+1$'$2'#*#'
CH>"2.# ' $ ' "2)1*#& ' 8. ' .1).23.(& ' )&2 ' #* ' $#-,*$2(& ' . ' 1. ' -$1$B"#"62E ' $1 ' ?&2#-,*&'
?$("H-")&'.)-*.1'C&,'$c)$1$2)".E')&2B",-"$2(&'$1'-$?.E'&'.1'?$2&#'.1>*2.#'($'#*#'
($,"B.)"&2$# ' ?H# ' C&1K-").# ' C.,. ' 1. ' ,$.1"(.( ' )*1-*,.1 ' .?$,").2.E ' ; ' . ' #* ' .*-&, ' $2'
C,&-.>&2"#-.#'"2$#C$,.(&#'($'1.'($#$2:,$2.(.'1*)8.'C&,'1.'.*("$2)".<
41'1"+,&'$2'#K',$C,$#$2-.'*2'#$,"&'($#.:K&'.'1.')&2)$C)"62'"?C$,.2-$'($'1.'
N,$)". ' .2-">*. ' )&?& ' :*2(.?$2-& ' "2("#)*-"+1$ ' ($ ' -&(. ' 1. ' )"B"1"3.)"62 ' &))"($2-.1'
C&#-$,"&,<'R*'&+I$-"B&E'$2'C.1.+,.#'($'#*'.*-&,E'2&'$,.'&-,&'F*$',$(*)",'1.'.,,&>.2)".'
)*1-*,.1'$*,&C$.'F*$'#$'8.+K.'.C,&C".(&'($'?.2$,.'"2($+"(.'*2'1$>.(&')*1-*,.1'F*$'
$2'&,">$2'2&'1$')&,,$#C&2($<'D.'-$#"#'C,"2)"C.1'($'\$,2.1')&2#"#-$E'$:$)-"B.?$2-$E'$2'
($?&#-,.,'F*$'$1'C,$-$2("(&'1$>.(&'>,"$>&'-"$2$'#*'&,">$2'$2'1.')"B"1"3.)"62'$>"C)".';'
F*$ ' #61& ' 1. ' &)*1-.)"62 ' #"#-$?H-"). ' ($ ' $#-. ' ,$.1"(.( ' C&, ' C.,-$ ' ($ ' 1&# ' $#-*("&#&#'

"%

&))"($2-.1$#'.').*#.'($'#*#'C,$I*")"&#'"($&16>")&#';',.)"#-.#'8.'C$,?"-"(&')&2#.>,.,'
*2 ' ?&($1& ' 8"#-6,")& ' :.1#& ' F*$ ' #$ ' 8. ' ?.2-$2"(& ' B">$2-$ ' 8.#-. ' 2*$#-,&# ' (K.#< ' 41'
p?&($1&'.,"&qE'#$>J2'1&'($2&?"2.'\$,2.1E'F*$'8.+,K.'#*,>"(&')&2':*$,3.'.'C.,-",'($1'
#">1&'di555'C.,.')&2#.>,.,#$'($'?.2$,.'($:"2"-"B.'$2'$1'd5d';'F*$'C&2K.'$1'.)$2-&'
:*2(.?$2-.1'#&+,$'1.')&2-,"+*)"62'"2(&$*,&C$.'$2'1.'),$.)"62'($'1.')*1-*,.'>,"$>.E'
B"2&'.'#*#-"-*",'*2'p?&($1&'.2-">*&qE'#">*"$2(&'-.?+"L2'1.'(&?"2.)"62'($1'C,&C"&'
.*-&,E ' F*$ ' ($:"2$ ' 1. ' .)-"-*( ' >$2$,.1"3.(. ' ($ ' 1&# ' "2-$1$)-*.1$# ' >,"$>&# ' .2-">*&#E'
("#C*$#-&#'.'.)$C-.,'$1'8$)8&'($'F*$'?*)8&#'.#C$)-&#':*2(.?$2-.1$#'($'#*')*1-*,.'
$,.2 ' $1 ' ,$#*1-.(& ' ($ ' 1&# ' C,L#-.?&# ' $:$)-*.(&# ' C&, ' 1.# ' )"B"1"3.2$# ' &,"$2-.1$#E ' ;'
$#C$)".1?$2-$'C&,'4>"C-&<
4#-.')&2-,&B$,#".'.)$,).'($'1.'?.;&,'&'?$2&,'"?C&,-.2)".'($1'1$>.(&'$>"C)"&'
#&+,$ '1. ' )*1-*,. ' >,"$>. ' 8. ' .(F*","(& ' $2 ' 4#-.(&# ' f2"(&# '*2. 'C.,-")*1., ' ,$1$B.2)".'
C&1K-").'.').*#.'($'1.'.#*2)"62'C&,'1.'?.;&,'C.,-$'($'1.'"2-$1$)-*.1"(.('($'&,">$2'
.:,&.?$,").2& ' ($1 ' ).,H)-$, ' -KC").?$2-$ ' .:,").2& ' ($ ' 1. ' )"B"1"3.)"62 ' :.,.62").E ' )*;.'
:*2(.?$2-.1 ' "?C&,-.2)". ' $2 ' $1 ' ($#.,,&11& ' C&#-$,"&, ' ($ ' 1. ' 8"#-&,". ' *2"B$,#.1 ' C&(,K.'
($B&1B$, ' . ' #*# ' 1$>K-"?&# ' 8$,$($,&# ' $1 ' C,$#-">"& ' ; ' $1 ' ,$#C$-& ' F*$ ' 1. ' -,.(")"62'
&))"($2-.1'+1.2).'1$#'8.+K.'8*,-.(&'.1'-,.2#:$,",'#*#'C,"2)"C.1$#'1&>,&#'.'#*'C,&C"&'
-$,,$2&<'D.'C&1L?").'B"$2$'($'1$I&#E';.'F*$'$2'1&#'.%&#')"2)*$2-.'($1'#">1&'dd'#$'
C*+1")6'*2'1"+,&E'C&)&')&2&)"(&':*$,.'($'1&#'4#-.(&#'f2"(&#E'F*$'11$B.+.'C&,'-K-*1&'H& #
&)B"+'#.'$"+'E'&+,.'($'*2'-.1'7.?$#E'F*$':*$'C,&:$#&,'($'>,"$>&';'?.-$?H-").#'$2'
B.,"&# '*'&&)B)/' ($ ' 0,j.2#.#E ' )*;. ' -$#"# ' C,"2)"C.1 ' $,. ' F*$ ' 1. ' :"1&#&:K. ' >,"$>.E'
)&2#"($,.(. ' ($#($ ' #"$?C,$ ' *2& ' ($ ' 1&# ' C,"2)"C.1$# ' 1$>.(&# ' . ' 1. ' )"B"1"3.)"62'
&))"($2-.1E'C,&B$2K.'$2'#*'&,">$2'($'4>"C-&<'7.?$#'.+&>.+.'C&,'"($.#'-.2')*,"&#.#'
)&?&'1.'($'F*$'0,"#-6-$1$#'p,&+6q'#*':"1&#&:K.'($'1.'+"+1"&-$).'($'01$I.2(,K.E';.'F*$E'
$2'#*'&C"2"62E'2&',$#*1-.+.':.)-"+1$'"?.>"2.,'F*$'*2.'#&1.'C$,#&2.'C*("$,.'C&#$$,'1.'
).C.)"(.('($'$#),"+",'.)$,).'($'-.2-&#';'(":$,$2-$#'-$?.#')&?&'C.,$)$'F*$'8"3&'$1'
:*2(.(&, ' ($1 ' D")$&< ' 4#-.# ' :.1.)".#E ' :,*-& ' ($1 ' #"?C1$ ' ($#)&2&)"?"$2-& ' & ' ($ ' 1.'
"2>$2*"(.(E'8.2'#"(&'.8&,.',$-&?.(.#'C&,'\$,2.1E'F*"$2E')&2'?.;&,'"2-$1">$2)".';'
)&2&)"?"$2-&#E ' C$,& ' -.?+"L2 ' )&2 ' ?.;&, ' #*-"1$3. ' ; ' 8.+"1"(.( ' .,>*?$2-.-"B.E ' 8.'
#.+"(&'C,$#$2-.,'1&#'-L,?"2&#'($1'?"#?&'($+.-$'#.1B.2(&E'.1'?$2&#'$2'*2.'C,"?$,.'
"?C,$#"62E'1&#'("#C.,.-$#'$1$?$2-.1$#'-.2'$1&)*$2-$#'F*$')&?$-"6'#*'.2-$)$#&,<
D.'C,&C*$#-.'($'\$,2.1'2&'$#E'.C.,$2-$?$2-$E'-.2',.(").1')&?&'1.':&,?*1.(.'
$2'#*'(K.'C&,'7.?$#E';.'F*$'C,&C&2$'1.'#*#-"-*)"62'($1'p?&($1&'.,"&q'$2'B">&,'C&,'
*2'p?&($1&'.2-">*&'?&(":").(&qE'C*$#'.*2F*$',$)&2&)$'1.')&2-,"+*)"62'"2(&$*,&C$.'
$2'1.':&,?.)"62'($'1.')*1-*,.'>,"$>.E')&2-"2J.'#*+,.;.2(&'1.'"?C&,-.2)".':*2(.?$2-.1'
($1'C.C$1'($#$?C$%.(&'C&,'M$2")".';'4>"C-&'$2'1.')&2:">*,.)"62'($:"2"-"B.'($'(")8.'
)*1-*,.<'D.'&+,.'($'\$,2.1')&2-"$2$'"?C&,-.2-$#'$,,&,$#'($'+*1-&E'($+"(&'#&+,$'-&(&'.'
#*# ' ("?$2#"&2$# ' ?&2*?$2-.1$#E ' ;. ' F*$ ' $1 ' C,&;$)-& ' )&2#-. ' 2.(. ' ?$2&# ' F*$ ' ($'
)*.-,& ' B&1J?$2$#E ' ($ ' 1&# ' F*$ ' 8.#-. ' 1. ' :$)8. ' -.2 ' #61& ' 8.2 ' .C.,$)"(& ' 1&# ' (&#'
C,"?$,&#< ' \$,2.1 ' ,$B"#.E ' ($ ' *2. ' ?.2$,. ' *2 ' -.2-& ' .C,$#*,.(. ' ; ' #"?C1":").(&,.E ' 1.'
-,.(")"62 ' )*1-*,.1 ' $*,&C$. ' -"1(.2(& ' .1$>,$?$2-$ ' ($ ' ,.)"#-.# ' C1.2-$.?"$2-&#'
8"#-&,"&>,H:")&# 'F*$'2&' -$2K.2 ')&?& ' C*2-&' ($ 'C.,-"(. '(")8.' .)-"-*(E ')&?& '1&# '($1'
.1$?H2'h$,($,<'b,&C&2$'-.?+"L2'*2.'2*$B.'B"#"62'($'1.'8"#-&,".'($1'#$>*2(&'?"1$2"&'
.<a<'$2'$1'4>$&'#&+,$'$1'?&($1&'($'*2.'#*C*$#-.')&1&2"3.)"62'$>"C)".'($'1.'3&2.'
C.,.'1.'F*$'2&'$c"#-$2'.1'(K.'($'8&;'C,*$+.#'(&)*?$2-.1$#')&2)1*;$2-$#';'#KE'$2'
).?+"&E ' #*:")"$2-$# ' .,>*?$2-&# ' C.,. ' )&2-,.($)",1. ' )&?& ' *2. ' #"?C1$ ' 8"C6-$#"#'
("#C.,.-.(.<'R*#'"2-$,C,$-.)"&2$#'($'.1>*2&#'-$c-&#')1H#")&#',$#*1-.2'$c)$#"B.?$2-$'
($#)*"(.(.# ' ; ' $#-H2 ' 1$I&# ' ($ ' .-$2$,#$ ' . ' 1&# ' ?H# ' $1$?$2-.1$# ' C,"2)"C"&# ' ($ ' 1.'

"&

$cL>$#"# ' :"1&16>").< ' R*# ' )&2)1*#"&2$#E ' $2 ' #*?.E ' #&2 ' .-,$B"(.#E ' C$,& ' $2 ' 1. ' ?.;&,'
C.,-$'($'1&#').#&#'#$'+.#.2'$2'"2(")"&#'C&)&')&2)1*;$2-$#E'F*$'C&(,K.2',$)"+",'&-,.#'
"2-$,C,$-.)"&2$#'+"$2'("#-"2-.#E';'$2'"($.#'C,$)&2)$+"(.#'F*$':*$,3.2'.'1.'$B"($2)".'
("#C&2"+1$ '. '#$>*", ' ' $1 ' ).?"2& '-,.3.(&E '"2)*,,"$2(& '($ '$#-. ':&,?. '$2 '*2& ' ($ ' 1&#'
C,&)$("?"$2-&# ' -.2 ' ),"-").(&#E ' ?*)8.# ' B$)$# ' )&2 ' ,.362E ' ($ ' #*# ' .2-$)$#&,$# ' ;'
)&2-$?C&,H2$&#E'($:$2#&,$#'"?C$2"-$2-$#'($1'-.2'),"-").(&'p?&($1&'.,"&q<
!$ '-&(.# ':&,?.#E'#*'&+,. '8. '#$,B"(& 'C.,. '"2#*:1., '*2 '#&C1& '($ '.",$':,$#)&'
($2-,&'($'*2'*2"B$,#&'.).(L?")&'$'"2-$1$)-*.1'F*$'$#-.+.':&#"1"3.(&';'.2)1.(&'$2'
B"$I&# ' C1.2-$.?"$2-&# ' ",,$(*)-"+1$#E ' )&2 ' 1. ' )&2#$)*$2)". ' #.1*(.+1$ ' ($ ' F*$ ' 8.'
"?C*1#.(& ' . ' 2*?$,&#&# ' $#-*("&#&# ' ($1 ' ?*2(& ' )1H#")& ' . ' ,$C$2#., ' #&+,$ ' 2*$B.#'
+.#$#E'.*2F*$')&2'*2'-.1.2-$'?H#'#&#$>.(&';'?$I&,':*2(.?$2-.(&'$2'1.'$B"($2)".'
F*$'$1'($1'C,&C"&'\$,2.1E'$1'C.2&,.?.')&?C1$I&';'(":K)"1'($'1.#',$1.)"&2$#'$2-,$'$1'
?*2(&'>,"$>&';'1.#')*1-*,.#'&,"$2-.1$#<'R*#'-$#"#'2&'($I.2'($')&2#-"-*",'$1'?H#'#$,"&'
($#.:K& ' F*$ ' 8. ' $cC$,"?$2-.(& ' $2 ' 1&# ' J1-"?&# ' -"$?C&# ' 1. ' 8"#-&,"&>,.:K. ' ?&($,2.'
-,.(")"&2.1'#&+,$'1.'N,$)".'.2-">*.<'S*)8.#'($'1.#'),K-").#'B$,-"(.#'C&,'\$,2.1'8.2'
#"(&',$)&2&)"(.#'C&,'C,$#-">"&#&#'8$1$2"#-.#')&?&'1&#')"-.(&#'\*,j$,-';'o$#-'&'C&,'
$#C$)".1"#-.#'$2'1.')"B"1"3.)"62':$2")".')&?&'1.').-.1.2.'Sw'4*>$2".'0*+$-<'41'($#.:K&'
)&2#"#-$E ' #$>*,.?$2-$E ' $2 ' #.+$, ' $#-.+1$)$,E ' #"2 ' B.1&,.)"&2$# ' .C,"&,K#-").# ' ($'
?.,).(&')&2-$2"(&'"($&16>")&'2"'#*#C").)".#'>,$?".1"#-.#E';'#&+,$'1.'+.#$'($'*2.'
$B"($2)".').(.'B$3'?H#')&2-*2($2-$';'?$I&,'$1.+&,.(.'($#($'*2'C*2-&'($'B"#-.'
),K-")&E ' 2*$B&# ' 1.3&# ' ($ ' )&2$c"62 ' $2-,$ ' .?+&# ' ).?C&# ' ($ ' $#-*("&E ' 1&# ' $#-*("&#'
)1H#")&#';'1.'&,"$2-.1K#-").'$2'>$2$,.1E'F*$'2&#'C$,?"-.2')&?C,$2($,'?$I&,'$1'.1).2)$'
;'1.#'("?$2#"&2$#')&2),$-.#'F*$'-*B"$,&2'1&#')&2-.)-&#';'1.#',$1.)"&2$#'$2-,$'$#-&#'
(&#'?*2(&#E'.#K')&?&'$B.1*.,E'($'?.2$,.'#&#$>.(.';'#"2'-,"*2:.1"#?&#'($'2"2>*2.'
($'1.#'(&#'C.,-$#E'1.#'($)"#"B.#')&2#$)*$2)".# 'F*$'-*B&'C.,.'$1'($#.,,&11& '($'1.'
)"B"1"3.)"62'*2'$2)*$2-,&'($'-.?.%.'$2B$,>.(*,.'8"#-6,").<

<=%/#1$%&+'#'%0%1#"&"%*+

D.#'$B"($2)".#'($')&2-.)-&#'($1'?*2(&'>,"$>&')&2'1.#')"B"1"3.)"&2$#'&,"$2-.1$#'
#$',$-,&-,.$2')&?&'?K2"?&'8.#-.'1.'4(.('($'\,&2)$E'.'C$#.,'($'F*$'#$'$2)*$2-,.2'
?*)8&'C$&,'(&)*?$2-.(&#'F*$'1&#'F*$'-*B"$,&2'1*>.,'.'1&'1.,>&'($'1&#'C,"?$,&#'
#">1&# ' ($1 ' C$,K&(& ' .,).")&< ' D. ' )"B"1"3.)"62 ' ?")L2").E ' F*$ ' )&2#-"-*;$ ' 1. ' C,"?$,.'
?.2":$#-.)"62')&2&)"(.'($'1.')*1-*,.'C,&C".?$2-$'>,"$>.E'C$,-$2$)$'($'11$2&'.'*2'
?*2(&').,.)-$,"3.(&'C&,'$#-,*)-*,.#'C.1.)".1$#'F*$'#$'$c-"$2($'C&,'-&(&'$1'b,6c"?&'
e,"$2-$E ' 02.-&1". ' ; ' 4>"C-& ' ; ' ($1 ' F*$ ' 1&# ' >,"$>&# ' ?")L2")&# ' )&2#-"-*",K.2 ' #*'
?.2":$#-.)"62 ' ?H# ' &))"($2-.1< ' !$ ' 8$)8&E ' $1 ' ?*2(& ' ?")L2")& ' $2).I. ' ?*)8& ' ?H#'
)&8$,$2-$?$2-$E '. ' 1. ' 8&,. ' ($ ' $cC1")., ' #* ' .2(.(*,. ' 8"#-&,"). ' $2 '$1 ' ?.,)& ' ($ ' 1.#'
)"B"1"3.)"&2$#'&,"$2-.1$#'F*$')&?&').CK-*1&'"2")".1'($'1.'8"#-&,".'($'1.'N,$)".'.2-">*.E'
)&2 ' 1. ' F*$ ' ?*$#-,. ' $#).#&# ' C.,.1$1"#?&# ' . ' C$#., ' ($ ' 1.# ' "22$>.+1$# ' 1K2$.# ' ($'
)&2-"2*"(.('$c"#-$2-$#'$2-,$'.?+&#'C$,K&(&#<'41').,H)-$,')$2-,.1"3.(&'($'1.'#&)"$(.('
;'($'1.'$)&2&?K.E'(",">"(&'($#($'1&#'C.1.)"&#E'-.1';')&?&'#$',$:1$I.'$2'1.#'-.+1"11.#'
8.11.(.#'$2'1.#':&,-.1$3.#'?")L2").#E'C&2$'($'?.2":"$#-&'1&#'C.,.1$1"#?&#'$c"#-$2-$#'
)&2'&-,&#'1*>.,$#'($1'b,6c"?&'e,"$2-$E')&?&'S.,"E'$2'$1')*,#&'.1-&'($1'4*:,.-$#E'4+1.'

"'

&'f>.,"-'$2'1.',$>"62'($'1.')&#-.'#","&mC.1$#-"2.<']&'$c"#-$'2.(.'#$?$I.2-$'$2'$1'
)*,#& ' C&#-$,"&, ' ($ ' 1. ' 8"#-&,". ' >,"$>.E ' (&2($ ' #$ ' "?C&2$2 ' C&, ' (&F*"$, ' ,$.1"(.($#'
C&1K-").#'+"$2'(":$,$2-$#')&?&'1. '6'&%/' &'$1 ')(-2'/E'.?+.#'?*;'1$I&#'($')*.1F*"$,'
C.,$)"(&')&2'1.')&?C1$I.'$#-,*)-*,.'#&)"&$)&26?").';'$1'?"2*)"&#&':*2)"&2.?"$2-&'
+*,&),H-")& ' F*$ ' "?C$,.+. ' $2 ' 1&# ' C.1.)"&# ' ?")L2")&#< ' ]" ' #"F*"$,. ' 1&# ' C&$?.#'
8&?L,")&#E'F*$'($#($'1&#'($#)*+,"?"$2-&#'#&,C,$2($2-$#'($'R)81"$?.22'#$'8.+K.2'
)&2#"($,.(&'*2')1.,&',$:$,$2-$'8"#-6,")&'($'$#-$'1$I.2&'C$,K&(&E'.*2F*$'#*I$-&#'.'1.'
($:&,?.)"62 ' C,&C". ' ($ ' *2. ' &+,. ' C&L-").E ' ,$:1$I.2 ' 2.(. ' C.,$)"(& ' . ' 1. ' ,$.1"(.('
8"#-6,").'($'1&#',$"2&#'?")L2")&#'-.1';')&?&'1.')&2&)$?&#'.'-,.BL#'($1'-$#-"?&2"&'($'
1.#'-.+1"11.#'$#),"-.#'$2'1"2$.1'\<
D. ' )*$2). ' $>$. ' :*$ ' $1 ' $#)$2.,"& ' ($ ' *2. ' )&2-"2*. ' ,$( ' ($ ' "2-$,).?+"&#'
)&?$,)".1$#';')*1-*,.1$#'.'1&'1.,>&'($1'#$>*2(&'?"1$2"&'.<a<'$2'1.'F*$'C.,-")"C.,&2'
.)-"B.?$2-$'-&(&#'1&#'$#-.(&#')*;.'>$&>,.:K.'$'"2-$,$#$#'$#-.+.2'$#-,$)8.?$2-$'
,$1.)"&2.(&# ' )&2 ' 1. ' ,$>"62< ' D. ' )"B"1"3.)"62 ' ),$-$2#$E ' F*$ ' C,$)$("6 ' $2 ' C*I.23. ' ;'
8$>$?&2K. ' .1 ' ?*2(& ' ?")L2")& ' (*,.2-$ ' 1. ' C,"?$,. ' ?"-.( ' ($1 ' ?"1$2"&E ' ?.2-*B&'
"2-$2#&#')&2-.)-&#')&2'4>"C-&';'1.#')&#-.#'#","&mC.1$#-"2.#E')&?&'8.'F*$(.(&'+"$2'
C,&+.(& ' C&, ' (":$,$2-$# ' -"C&# ' ($ ' -$#-"?&2"&#< ' D. ' C,$#$2)". ' $2 ' #*# ' ;.)"?"$2-&#'
),$-$2#$# ' ($ ' ?.-$,".# ' )&?& ' $1 ' ?.,:"1E ' 1.# ' C"$(,.# ' C,$)"&#.# ' ; ' 1&# ' 8*$B&# ' ($'
.B$#-,*3E'&'($'.1>*2&#'&+I$-&#'$1.+&,.(&#')&?&'B.#"I.#'($'.1.+.#-,&'&'C"$3.#'($'
.(&,2&'C$,#&2.1E'C&2$'($',$1"$B$'1.',$.1"(.('-.2>"+1$'($'(")8&#')&2-.)-&#<'01>*2&#'
($'$#-&#'&+I$-&#E')&?&'1&#')L1$+,$#'$#).,.+$&#E'F*$'$,.2'*-"1"3.(&#'C&,'1&#'$>"C)"&#'
)&?&'.?*1$-&#'?&,-*&,"&# ';'11$B.+.2'"2#),"-.'1.'"($2-":").)"62'($'1&#'>&+$,2.2-$#'
"?C1").(&#E')&2-,"+*;$,&2'($':&,?.'($)"#"B.'.'1.'(":")"1'-.,$.'($'1.'(.-.)"62'($'*2.'
)*1-*,.')&?&'1.'),$-$2#$E'F*$'2&'8.'C,&(*)"(&'8.#-.'1.':$)8.'-$#-"?&2"&#'$#),"-&#'($'
2"2>*2.')1.#$'F*$'C*$(.2'#$,'"2-$,C,$-.(&#<'h.2'.C.,$)"(&'-.?+"L2',$)"$2-$?$2-$'
-$#-"?&2"&#'",,$+.-"+1$#'$2'1.'(",$))"62')&2-,.,".')&2'$1'($#)*+,"?"$2-&'($'C"2-*,.#'
?*,.1$#'($')1.,.':.)-*,.';'-$?H-").'),$-$2#$#'$2'1&#',$#-&#'($'1.')"*(.('($'0B.,"#E'
F*$':*$'1.').C"-.1'($'4>"C-&'(*,.2-$'$1'C$,K&(&'($'1.'(&?"2.)"62'($'1&#'8")#&#<'s.'
.2-$#'$,.2'($'#&+,.')&2&)"(&#'&-,&#'-$#-"?&2"&#E'F*"3H'?$2&#')&2-*2($2-$#E'($'1.'
C,$#$2)". ' ($ ' ),$-$2#$# ' $2 ' 4>"C-&E ' -.2-& ' . ' -,.BL# ' ($ ' 1&# ' -$c-&# ' $>"C)"&#E ' (&2($'
.C.,$)$2'?$2)"&2.(&#')&?&'7)A(%9E')&?&'$2'.1>*2.#'C"2-*,.#':*2$,.,".#E'(&2($'#$'
1$# ' ,$C,$#$2-. ' 11$B.2(& ' .2-$ ' $1 ' :.,.62 ' ($ ' -*,2& ' #*# ' -,"+*-&# ' ($ ' 8&?$2.I$ ' &'
"2-$,).?+"&<
!*,.2-$'1.'#$>*2(.'?"-.('($1'#$>*2(&'?"1$2"&'1&#')&2-.)-&#'#$'?.2-*B"$,&2'.'
C$#., ' ($1 ' ?H# ' F*$ ' C&#"+1$ ' ).?+"& ' ($ ' $#)$2.,"& ' C&1K-")& ' )&2 ' 1. ' .#)$2#"62 ' . ' 1.'
)&2(")"62'($'C&-$2)".'($'C,"?$,'&,($2'($'1&#',$"2&#'?")L2")&#E'F*$'($#C1.3.,&2'.'
*2'#$>*2(&'C1.2&'.'1&#'),$-$2#$#<'D&#'-$#-"?&2"&#'.,F*$&16>")&#'($'C,&)$($2)".'
)1.,.?$2-$ ' ?")L2"). ' #*#-"-*;$2 ' C,&>,$#"B.?$2-$ ' . ' 1&# ' $1$?$2-&# ' ),$-$2#$#'
.2-$,"&,$# ' $2 ' ,$>"&2$# ' -.2 ' #">2":").-"B.# ' )&?& ' 1. ' "#1. ' ($ ' a8"C,$E ' 1.# ' )&#-.# ' #","&m
C.1$#-"2.#';'4>"C-&<'D.')$,H?").'?")L2").'8.11.(.'$2'$#-.#',$>"&2$#'$#')"$,-.?$2-$'
.+*2(.2-$E'$#C$)".1?$2-$'$2'1*>.,$#')&?&'f>.,"-'$2'1.')&#-.'#","&mC.1$#-"2.'&'$2'
T$11m$1 '0?.,2. ' $2 ' 4>"C-&E ' 1. ' F*$ ' :*$ ' ).C"-.1 ' ($1 ' :.,.62 ' 8$,L-")& '0?$2&:"# ' 5i< '0'
(":$,$2)".'($'1&'F*$'#*)$(K.')&2'1&#'),$-$2#$#E'F*$'.C.,$)K.2'?$2)"&2.(&#'$2'1&#'
(&)*?$2-&#'&:")".1$#'$>"C)"&#E'2&'C&#$$?&#'2"2>*2.',$:$,$2)".'($'$#-.')1.#$'C.,.'
1&#'?")L2")&#<'4c"#-$E'#"2'$?+.,>&E'1.'C&#"+"1"(.('($'F*$'+.I&'$1',$"2.(&'($'0?$2&:"#'
555E'*2.'?"#"62'("C1&?H-").'$>"C)".'8*+"$,.'11$B.(&'.').+&'*2.'B"#"-.'($',">&,'.'1.'
,$>"62'($1'4>$&E'F*$'.C.,$)$'($2&?"2.(.'$2'1&#'-$c-&#'$>"C)"&#')&?&'p1.',$>"62'($1'
>,.2'B$,($q<'h.)".'(")8.'?"#"62'.C*2-.'1.'1"#-.'($'1&'F*$'C.,$)$2'-&C62"?&#'$>$&#E'

"(

F*$'#$'8.11.2'"2#),"-&#'$2'1.'+.#$'($'*2.'$#-.-*.'($(").(.'.'(")8&':.,.62E';'.1>*2.#'
C1.F*$-.# ' ($ ' :.;$23. ' 8.11.(.# ' $2 ' S")$2.# ' F*$ ' 11$B.2 ' $1 ' ).,-*)8& ' ($ ' $#-$'
>&+$,2.2-$'$>"C)"&<'R$'8.')&2#"($,.(&'-.?+"L2'1.'C&#"+"1"(.('($'F*$'1&#'?")L2")&#'
8*+"$,.2'#"(&'*-"1"3.(&#')&?&'?$,)$2.,"&#'C&,'1&#'$>"C)"&#'.',.K3'($'1.#'$#)$2.#'($'
+.-.11. ' F*$ ' .C.,$)$2 ' ,$C,$#$2-.(.# ' #&+,$ ' 1&# ' :,.>?$2-&# ' ($ ' *2 ' C.C",& ' 8.11.(&'
-.?+"L2'$2'T$11m$1'0?.,2.E'(&2($'.1>*2&#'($'1&#')&?+.-"$2-$#'C,$#$2-.2',.#>&#'-.2'
).,.)-$,K#-")&# ' ($ ' 1&# ' >*$,,$,&# ' ?")L2")&# ' )&?& ' $1 ' )L1$+,$ ' ).#)& ' ($ ' ("$2-$# ' ($'
I.+.1KE'.1'F*$'.1*($2'.1>*2&#'$CK-$-&#'($'1&#'C&$?.#'8&?L,")&#<
R"2 ' $?+.,>&E ' 2& ' #$ ' -,.-.+. ' #61& ' ($ ' *2 ' -,H:")& ' ($ ' ?.-$,".1$#E ' &+I$-&# ' $'
"2("B"(*&# ' $2-,$ ' 1.# ' ,"+$,.# ' #$C-$2-,"&2.1$# ' ; ' ?$,"("&2.1$# ' ($1 ' ?., ' 4>$&< ' R" ' 1.#'
)&,,"$2-$#'?.,"2.#';'1&#'B"$2-&#':.B&,$)K.2'$1'B".I$'($'"(.E'1.',*-.'($',$-&,2&'.'a,$-.'
,$#*1-.+.E ' $2 ' ).?+"&E ' (":K)"1 ' ; ' )&?C1").(. ' . ' ).*#. ' ($ ' .F*$11.# ' ?"#?.#'
)",)*2#-.2)".#<'41'-,.;$)-&'?H#')6?&(&';':.)-"+1$'#$'$:$)-*.+.E'$2')&2#$)*$2)".E'
C&, '1.# ',"+$,.# '1$B.2-"2.# '($ ' 1. ')&#-. ' #","&mC.1$#-"2. ';' C&, ' $1 '#*, '($ '1. 'C$2K2#*1.'
.2.-&1".E ' -.1 ' ; ' )&?& ' 8.2 ' ,$B$1.(& ' 1&# ' (,.?H-")&# ' -$#-"?&2"&# ' ($ ' (&# ' 2.*:,.>"&#'
1&).1"3.(&#'$2'$#-.'J1-"?.',$>"62'F*$'#$',$?&2-.2'.'.F*$11&#'-"$?C&#<'7*2-&'.'1.#'
)&#-.#'($'D")".E'.1'#*,&$#-$'($'0#".'S$2&,E'8.2'.C.,$)"(&E'$2'$:$)-&E'1&#',$#-&#'($'
(&#'+.,)&#'F*$'8.)K.2'$#-$'-,.;$)-&'$'"+.2').,>.(&#'($'C,&(*)-&#'($'-&(.#')1.#$#<'
41'b,"?$,&'(.-.'($'1.'#$>*2(.'?"-.('($1'#">1&'d5i'.<a<';':*$'1&).1"3.(&'I*2-&'.'f1*'
\*,*2<'41'#$>*2(&'#$':$)8.'?H#'($'*2'#">1&'($#C*L#';'.C.,$)"6'I*2-&'.'1.#')&#-.#'
($1 ' ).+& ' N$1"(&2;.< ' D. ' B.,"$(.( ' ($ ' C,&(*)-&# ' F*$ ' .?+&# ' 2.B"&# ' -,.2#C&,-.+.2'
=($#($'1"2>&-$#'?$-H1")&#'($')&+,$';'$#-.%&E'?.,:"1$#'#"2'-.11.,'?.($,.'($'L+.2&'
8.#-. ' C,&(*)-&# ' $1.+&,.(&#E ' )&?& ' I&;.#E ' #$11&#E ' .,?.# ' ; ' *-$2#"1"&# ' ).#$,&# ' ;'
.>,K)&1.#@';'1.'("B$,#"(.('($'#*#'C,&)$($2)".#'=($#($'4>"C-&';'S$#&C&-.?".'8.#-.'
1.# ' ,$>"&2$# ' ($ ' R",".E ' a8"C,$ ' ; ' $1 ' 4>$&@ ' C&2$2 ' ($ ' ?.2":"$#-& ' 1. ' .?C1"-*( ' ; ' $1'
("2.?"#?&'($'*2.#',*-.#')&?$,)".1$#'F*$'$,.2'"2-$2#.?$2-$'-,.2#"-.(.#'.'1&'1.,>&'
($ ' .F*$11&# ' ?&?$2-&# ' C&, ' -&(. ' 1. ' )*$2). ' ($1 ' S$("-$,,H2$& ' &,"$2-.1< ' f2 ' -$,)$,'
2.*:,.>"& ' ?.,"2&E ' $#-. ' B$3 ' $2 ' 1.# ' )&#-.# ' ($ ' 1. '0,>61"($ ' ; ' C$,-$2$)"$2-$E 'B.'//' #
5'+'E'.1'?"#?&'C$,K&(&'F*$'1&#'(&#'.2-$,"&,$#E')&2:",?.'$#-$'-"C&'($')&2)1*#"&2$#<'
D.# ' $c).B.)"&2$# ' 11$B.(.# ' . ' ).+& ' $2 ' .1>*2&# ' C*$,-&# ' )&?$,)".1$# ' ($ ' 1. ' LC&).E'
)&?& ' $1 ' ($ ' a&??&# ' $2 ' 1. ' "#1. ' ($ ' a,$-. ' & ' $1 ' ($ ' h.1. ' R*1-.2 'T$jj$ ' $2 ' a8"C,$E'
)&,,&+&,.2'-&(.BK.'?H#'1.')&?C1$I"(.('($'1.#'BK.#')&?$,)".1$#'($'$#-$'C$,K&(&';'#*'
$1$B.(&'2"B$1'($'&,>.2"3.)"62<
R&2'-.?+"L2')&2&)"(.#'($#($'8.)$'-"$?C&'1.#',$1.)"&2$#'($1'?*2(&'?")L2")&'
)&2'$1'"?C$,"&'8"-"-.E'F*$'(&?"2.+.'$1')$2-,&'($'1.'C$2K2#*1.'.2.-&1".'$2'1&#'#">1&#'
)$2-,.1$#'($1'#$>*2(&'?"1$2"&'.<a<'D&#'(&)*?$2-&#'8"-"-.#')&,,$#C&2("$2-$#'.'1&#'
#">1&# ' d5i ' ; ' d555 ' .<a< ' ?$2)"&2.2 ' ,$C$-"(.# ' B$)$# ' . ' *2 ' $#-.(& ' 1"?K-,&:$E ' .1 ' F*$'
($2&?"2.2'088";.[.E')&2'$1'F*$'?.2-"$2$2')&2-"2*.#'$'"2$#-.+1$#',$1.)"&2$#'F*$'
)*1?"2.,&2'.'B$)$#'$2')&2:1")-&#'.,?.(&#<'D.'?.;&,'C.,-$'($'1&#'$#-*("&#&#'$#-H'($'
.)*$,(&'$2'"($2-":").,'(")8&'-L,?"2&')&2'$1'($'.F*$&#'=F*$'$2'#*':&,?.'>,"$>.'?H#'
.2-">*.'#$,K.'"D"%9'%@E'$#'($)",'1.'($2&?"2.)"62'?H#'>$2L,").')&2'1.'F*$'#$'($#">2.'
. ' 1&# ' >,"$>&# ' $2 ' 1&# ' C&$?.# ' 8&?L,")&#< ' D. ' .C.,")"62 ' $2 ' .1>*2&# ' ($ ' $#-&#'
(&)*?$2-&#'&:")".1$#'8"-"-.#'($'($-$,?"2.(&#'2&?+,$#')&?& 'S"11.[.2(.'C,$#$2-.'
-$2-.(&,.# ' ,$#&2.2)".# ' )&2 ' &-,&# ' -L,?"2&# ' >,"$>&# ' C&#-$,"&,$# ' )&?& ' S"1$-&E ' F*$'
C&(,K.'8.+$,#$')&2B$,-"(&'$2'*2'?&?$2-&'($-$,?"2.(&'($'$#-.'LC&).'$2'*2'C*2-&'
1"?K-,&:$'($')&2-$2)"62'$2-,$'.?+.#'3&2.#'($'(&?"2"&<'D.#')&2$c"&2$#')&?$,)".1$#'
($1 ' ?*2(& ' ?")L2")& ' )&2 ' $#-. ' 3&2. ' ; ' )&2 ' 1.# ' ,$>"&2$# ' ?H# ' ?$,"("&2.1$# ' ($ ' 1.'

#*

C$2K2#*1.'.2.-&1".')&?&'a"1")".E'F*$'#$'8.11.+.2'-.?+"L2'$2'1.'C$,":$,".'($'1.'3&2.'
($'"2:1*$2)".'8"-"-.E'C.,$)$2'+"$2'C,&+.(.#'C&,'1&#'8.11.3>&#'.,F*$&16>")&#<
D.#'($#-,*))"&2$#'F*$'.#&1.,&2'-&(&'$1'$#C.)"&'?$("-$,,H2$&'&,"$2-.1E'($#($'
1.'C$2K2#*1.'+.1)H2").'8.#-.'4>"C-&E'C.#.2(&'C&,'02.-&1".';'1.')&#-.'#","&mC.1$#-"2.E'.'
:"2.1$#'($1'#">1&'d55'.<a<';'F*$'#">2":").,&2'.')&,-&'&'?$("&'C1.3&'1.').K(.'($'.1>*2.#'
($'1.#'>,.2($#'C&-$2)".#'($'1.',$>"62E')&?&'1&#'?$2)"&2.(&#'8"-"-.#'&'1&#'C,&C"&#'
?")$2")&#E'2&'#*C*#"$,&2'1.'"2-$,,*C)"62'+,*#).';'($:"2"-"B.'($'1&#')&2-.)-&#'$2-,$'
$#-.#'H,$.#E')&?&'#$'8.+K.'),$K(&'$2'*2'C,"2)"C"&'.'1.'B"#-.'($'1.'.C.,$2-$'C&+,$3.'
(&)*?$2-.1 ' F*$ ' C,$#$2-. ' $1 ' C$,K&(& ' #*+#">*"$2-$< '02-8&2; ' R2&(>,.##E ' ,$C*-.(&'
.,F*$61&>&'+,"-H2")&')&2#"($,.(&'*2&'($'1&#'>,.2($#'$#C$)".1"#-.#'$2'$#-$'C$,K&(&E'
("+*I6')&2'?*;'2$>,.#'-"2-.#'-&(.'$#-.'LC&).'$2'#*'1"+,&'#&+,$'$1'-$?.'$#),"-&'$2'$1'
.%&'UZYUE'($#),"+"$2(&'*2'C.2&,.?.'($'($#C&+1.)"62E'C&+,$3.';'."#1.?"$2-&'F*$'
#">2":").+.'1.'"2-$,,*C)"62').#"'.+#&1*-.'($'1&#')&2-.)-&#')&?$,)".1$#'$2-,$'$1'?*2(&'
>,"$>& ' ; ' 1.# ' )*1-*,.# ' &,"$2-.1$#< ' R"2 ' $?+.,>&E ' $1 ' C,&>,$#& ' ?.2":"$#-& ' ($ ' 1.#'
$c).B.)"&2$# ' 8. ' C$,?"-"(& ' ?.-"3., ' )&2#"($,.+1$?$2-$ ' $#-. ' C$,#C$)-"B. ' -.2'
-,$?$2("#-.<'D.#'-*?+.#'8.11.(.#'$2'D$:j.2("E'$2'1.'"#1.'($'4*+$.E'$2'1&#'C,"?$,&#'
.%&#'($'1.'(L).(. '($'1&#'&)8$2-.'($1'C.#.(&'#">1&',$B$1.2'1.'$c"#-$2)".'($'*2.'
C,6#C$,.')&?*2"(.('F*$'?.2-*B&')&2-.)-&#'$B"($2-$#')&2'e,"$2-$E'C&,'1&'?$2&#'
($#($ ' $1 ' #">1& ' d5 ' .<aE ' $# ' ($)", ' $2 ' C1$2. ' LC&). ' &#)*,.E ' 1&# ' $2-$,,.?"$2-&# ' .11K'
$c).B.(&#'8.2 '?&#-,.(& ' *2. '$c-,.&,("2.,". ' ,"F*$3. ' ($ 'C,&(*)-&# ' "?C&,-.(&# '($1'
b,6c"?& ' e,"$2-$ ' )*;. ' C,&)$($2)". ' .C*2-. ' 8.)". ' 1. ' ,$>"62 ' #","&mC.1$#-"2. ' ; ' 8.)".'
4>"C-&<'0C.,$)$2'.#K')*$2)&#'($'+,&2)$')&2'$#)$2.#'>,.+.(.#'F*$'?*$#-,.2')1.,&#'
$#F*$?.#'($)&,.-"B&#E'$2-&2)$#'$2'+&>.'$2'$1'b,6c"?&'e,"$2-$E ')&?&'1&#'>,":&#'
8$,H1(")&#'&'1.'C.1?$-.'$1.+&,.(.'F*$',$)*$,(.'.1'H,+&1'($'1.'B"(.E'("B$,#&#'B.#&#'
($ ' :.;$23. ' ; ' C.#-. ' ($ ' B"(,"& ' $2 ' (":$,$2-$# ' -&,?.#E ' *2 ' )&11., ' ($ ' )&1>.2-$# ' F*$'
,$C,$#$2-. ' . ' 1. ' ("&#. ' $>"C)". ' 5#"#E ' *2. ' ("&#. ' )&2 ' ).+$3. ' ($ ' 1$62 ' F*$ ' 11$B. ' *2.'
)&,&2. ' $>"C)".E ' 2*?$,&#.# ' )*$2-.# ' ($ ' )&11., ' ; ' .1>*2&# ' $#).,.+$&#< ' M*$,. ' ($'
D$:j.2(" ' #$ ' 8.2 ' ($#)*+"$,-& ' -.?+"L2 ' .1>*2&# ' &+I$-&# ' ($ ' C,&)$($2)". ' & ' :.)-*,.'
&,"$2-.1$#E')&?&'$2'1&#'#.2-*.,"&#'($'a,$-.E'T","2-&'&'M"1.)&C"'$2'1.'"#1.'($'S$1&#E'
(&2($ ' .C.,$)$2 ' :">*,"-.# ' ($1 ' ($2&?"2.(& '/5%(%2BB'+' =("&# ' ($1 ' ,.;&@ ' ($ ' )1.,.'
"2#C",.)"62'&,"$2-.1E'&'$2'1.#'-*?+.#'($'b$,.-"'$2'$1'n-").'&'$2'1.#'($'T","2-&E')*;&#'
8.11.3>&#'C,$#$2-.2'&+I$-&#'"?C&,-.(&#'($'a8"C,$'&'($'e,"$2-$<
D.# ' ,$1.)"&2$# ' $2-,$ ' $1 ' ?*2(& ' $>$& ' ; ' $1 ' &,"$2-.1 ' 2*2). ' 11$>.,&2 ' .'
"2-$,,*?C",#$E'.1'?$2&#'($'1.':&,?.'-.2'+,*#).'F*$'#$'8.+K.'#*C*$#-&'"2")".1?$2-$<'
D&#'&+I$-&#')&2-"2*.,&2'11$>.2(&'($#($'1&#'$?C&,"&#'&,"$2-.1$#'"2#-.1.(&#'$2'1.#'
)&#-.# ' #","&mC.1$#-"2.# ' 8.#-. ' ("B$,#&# ' 1*>.,$# ' ($ ' 1. ' >$&>,.:K. ' >,"$>.< ' D.'
,$B"-.1"3.)"62'($'1.#'"2-$,)&?*2").)"&2$#'C*(&'($+$,#$'$2'C.,-$'.'1.'("H#C&,.'($'
"2?">,.2-$#'C,&(*)"(.'-,.#'1.#'($#-,*))"&2$#E')*;.#')&2#$)*$2)".#'#$'($I.2'#$2-",'
$2'1*>.,$#')&?&'a,$-.E'a8"C,$E'$1'#*,'($'0#".'S$2&,';'.1>J2'C*2-&'($'1.')&#-.'#","&m
C.1$#-"2.<'4#-.#')&2$c"&2$#'#$',$:&,3.,&2'$2'1.'#$>*2(.'?"-.('($1'#">1&'d'.<a<')&?&'
($?*$#-,.2'1&#'8.11.3>&#'($'D$:j.2("<'D.'C,$#$2)".'($')$,H?").'($'C,&)$($2)".'
$*+$. ' $2 ' .1>*2&# ' C*2-&# ' ($ ' 1. ' )&#-. ' #","&mC.1$#-"2. ' ; ' $2 ' a8"C,$ ' )&2#-"-*;$ ' 1.'
)&2-,.C.,-"(.'$B"($2-$'($'$#-&#')&2-.)-&#'$2-,$'$1'?*2(&'>,"$>&E',$C,$#$2-.(&'.F*K'
C,"2)"C.1?$2-$'C&,'1.'$?$,>$2-$'"#1.'($'4*+$.';'#*#'.)-"B&#')$2-,&#E';'$1'?*2(&'
&,"$2-.1<'R$>*,.?$2-$'$#'C&#"+1$'8.+1.,'($'1.'.)-"B"(.('($'*2'.>$2-$'"2-$,?$(".,"&'
F*$'8.+,K.'.)-*.(&')&?&')$2-,&'($',$("#-,"+*)"62E')*;.').2("(.-*,.',$).$').#"'($'
:&,?. '*2H2"?$ '#&+,$'1.' "#1.' ($ 'a8"C,$E' F*$' ;. '$2' C1$2. '4(.( '($1 '\,&2)$'8.+K.'
($#$?C$%.(&'*2'C.C$1'#$?$I.2-$<'R"2'$?+.,>&E'$#'?*;'C,&+.+1$'F*$'1&#')8"C,"&-.#'

#)

1"?"-.,.2'#*'.)-*.)"62'.'$I$,)$,'($'>*K.#'$'"2")".(&,$#'($1')&?$,)"&'$*+$&'$2'$1'
e,"$2-$E'11$>.2(&'"2)1*#&'.'&C$,.,')&2'$11&#'$2'$?C,$#.#')&2I*2-.#E'C$,&'$2'#$>*"(.'
($I.,&2'-&(.'1.'"2")".-"B.'.'1.'C.,-$'$*+$.<
e-,&#'.)-"B&#'"2-$,?$(".,"&#'$2'1.',$1.)"62'($1'?*2(&'>,"$>&')&2'e,"$2-$'$2'
1&#'C,"?$,&#'-"$?C&#'($1'C$,K&(&'.,).")&':*$,&2'#"2'(*(.'1&#':$2")"&#<'0*2F*$'2&'
$#-H ' ($1 ' -&(& ' )1.,& ' . ' F*"L2$# ' #$ ' ,$:$,K.2 ' 1&# ' >,"$>&# ' )&2 ' $#-. ' ($2&?"2.)"62'
>$2L,").E'1&'F*$'C.,$)$'?H#'C,&+.+1$'$#'F*$'($#">2.,.2'($'$#-$'?&(&'.'-&(&#'1&#'
8.+"-.2-$# ' &,"$2-.1$# ' ($ ' 1.# ' )&#-.# ' #","&mC.1$#-"2.#E ' "2)1*;$2(& ' -.2-& ' . ' 8.+1.2-$#'
).2..2"-.#'($'1.#')"*(.($#')&#-$,.#'($'T",&E'\"+1&#';'R"(62')&?&'.'.,.?$&#'($'1.'
,$>"62 ' #$C-$2-,"&2.1 ' ($ ' R",".< ' D. ' .)-"B. ' C,$#$2)". ' ($ ' $#-.# ' >$2-$# ' $2 ' 1.# ' .>*.#'
$>$.# ' . ' 1& ' 1.,>& ' ($ ' 1&# ' #">1&# ' d ' ; ' 5d ' .<a< ' C.,$)$ ' +"$2 ' (&)*?$2-.(. ' C&, ' 1.'
.,F*$&1&>K.';'C&,'1.#',$:$,$2)".#'8.,-&'#">2":").-"B.#'F*$'.C.,$)$2'$2'1&#'C&$?.#'
8&?L,")&#E ' $#C$)".1?$2-$ ' $2 ' 1. ' e("#$.< '0' 1& ' 1.,>& ' ($1 ' C&$?. ' 1&# ' ($2&?"2.(&#'
:$2")"&#'#&2'C,$#$2-.(&#')&?&'*2'C*$+1&'($')&?$,)".2-$#'-."?.(&#';'.?+")"&#&#'
F*$'C,.)-").2'1.'(*C1")"(.('$2'#*#'-,.2#.))"&2$#E'*2.'"?.>$2'2$>.-"B.'F*$E')&?&'8.'
#$%.1.(&',$)"$2-$?$2-$'1.'$#-*("&#.'.?$,").2.'5,$2$'o"2-$,E'$#'$1',$#*1-.(&'($'*2.'
B"#"62',$(*)-&,.';'$#-$,$&-"C.(.'($'$#-$'C*$+1&<'!$')*.1F*"$,':&,?.E'1.#':,$)*$2-$#'
.1*#"&2$#'.'1&#':$2")"&#',$B$1.2'1.'-&?.'($')&2)"$2)".'C&,'C.,-$'($'1&#'>,"$>&#'($'1.'
.)-"B"(.( ' &,"$2-.1 ' $2 ' #*# ' .>*.#E ' F*$ ' #$ ' )&2#-.-. ' .,F*$&16>").?$2-$ ' $2 ' 1*>.,$#'
)&?& ' a8"C,$E ' a,$-. ' & ' A&(.#E ' :*$#$2 ' F*"$2$# ' :*$#$2 ' #*# ' .>$2-$# ' )&2),$-&#< ' D.'
+J#F*$(. ' "?C$,"&#. ' ($ ' ?$-.1$# ' )&?& ' $1 ' )&+,$ ' & ' $1 ' 8"$,,&E ' F*$ ' 1.# ' 2$)$#"(.($#'
.,?.?$2-K#-").#'($1'$cC.2#"&2"#?&'.#","&':&?$2-.+.2'($':&,?.'),$)"$2-$E':.B&,$)"6'
$'"2-$2#":")6'$1'$#-.+1$)"?"$2-&'($')&2-.)-&#'$2-,$'.?+.#')*1-*,.#<'v"-"&2E'$2'1.'"#1.'
($'a8"C,$E'#$')&2B",-"6'?*;'C,&2-&'$2'*2.')"*(.(':$2")".';'$2'*2'C*2-&'"?C*1#&,'($'
$#-&# ' "2-$,).?+"&#< ' T.?+"L2 ' C.,$)$ ' ($?&#-,.(. ' 1. ' C,$#$2)". ' ($ ' )&?$,)".2-$#'
>,"$>&#'$2'$1'#*,'($'02.-&1".';'$2'1.')&#-.'#","&mC.1$#-"2.E'$2'1*>.,$#')&?&'T.,#&E'01'
S"2.';'T$11'R*j.#'.'C.,-",'($':"2.1$#'($1'#">1&'5d'.<a<'e+I$-&#'($'C,&)$($2)".'>,"$>.E'
$#C$)".1?$2-$')$,H?").E'#$'8.2'$2)&2-,.(&'-.?+"L2'$2').2-"(.($#',$#C$-.+1$#'$2'
T",&';'h.?.<'D.'C,$#$2)".')&2I*2-.'($':$2")"&#';'$*+$&#'$2'1*>.,$#')&?&'b"-$)*#.#E'
$2'1.'"#1.'"-.1".2.'($'5#F*".E':,$2-$'.'1.#')&#-.#'($']HC&1$#E'F*$')&2#-"-*;$'1.'C,"?$,.'
:*2(.)"62')&1&2".1'>,"$>.'.'?$(".(&#'($1'#">1&'i555'.<aE',$B$1.'$1').,H)-$,')&?C1$I&'
($ ' (")8&# ' )&2-.)-&#E ' ?H# ' C,&C$2#&# ' . ' #$, ' "2-$,C,$-.(&# ' $2 ' )1.B$ ' ($ ' ?*-*.'
)&1.+&,.)"62 ' $2 ' $?C,$#.# ' ($ ' $#-. ' $2B$,>.(*,. ' F*$ ' +.I& ' 1. ' 6C-"). ' 1.,>& ' -"$?C&'
"?C$,.2-$'($'*2.')&?C$-$2)".':$,&3';'($#$2:,$2.(.'$2-,$'.?+&#'C*$+1&#<
D.')&2#-.2)".'($'1.'C,$#$2)".'>,"$>.'$2'-"$,,.#'&,"$2-.1$#'&'$2'#*#'.1$(.%&#'
?H# ' C,6c"?&#E ' )&?& ' 1.# ' ,$>"&2$# ' ($ ' a"1")". ' $2 '0#". ' S$2&, ' & ' 1. ' "#1. ' ($ ' a8"C,$E'
C,&)$($'-.?+"L2'($'1&#'(&)*?$2-&#',$.1$#'.#","&#E'F*$'.'?$(".(&#'($1'#">1&'i555'
.<a<'?$2)"&2.2'C&,'C,"?$,.'B$3'.'1&#'>,"$>&#E'.'1&#'F*$'($2&?"2.2's.*2.'&'s.?.2E'
$#'($)",'I&2"&#E')&?&'.*-&,$#'($')&,,$,K.#'C&,'1.',$>"62'F*$'#$'8.11.+.'C&,'$2-&2)$#'
+.I&'#*'$#:$,.'($'"2:1*$2)".'&'#&+$,.2K.<'D.'.C.,")"62'($'.1>*2.#'C"$3.#'($#-.).(.#E'
)&?& ' 1.# ' .,?.(*,.# ' $)*$#-,$# ' ($ ' *2 ' ,$;' #","& ' ($ ' :"2.1$# ' ($1 ' #">1& ' 5d ' .<aE ' )&?&'
&:,$2(.#'B&-"B.#'$2'1&#'#.2-*.,"&#'>,"$>&#'($'0C&1&'$2'4,$-,".'$2'1.'"#1.'($'4*+$.';'
$2 ' $1 ' ($ ' h$,. ' $2 ' 1. ' "#1. ' ($ ' R.?&# ',$B$1. ' 1. 'C,$#$2)". ' ?"1"-., ' .)-"B.' ($ '.1>*2&#'
>,"$>&#'$2'.F*$11.',$>"62E'(&2($'C*("$,&2'8.+$,'&+-$2"(&E'#$>*,.?$2-$'$2').1"(.('
($'C,$)".(&'+&-K2E'1&#'&+I$-&#'?$2)"&2.(&#<'4#-.'C,H)-").')&2-"2*6'(*,.2-$'1&#'#">1&#'
C&#-$,"&,$#'.'I*3>.,'C&,'1&#'-$#-"?&2"&#'($'-&(.#')1.#$#'($'F*$'("#C&2$?&#E'-.2-&'
1"-$,.,"&#';'$C">,H:")&#')&?&'.,F*$&16>")&#<'0#K'-$2$?&#'2&-")".#'C,&)$($2-$#'($'1&#'
,$1.-&#'($'h$,6(&-&';'!"&(&,&'.)$,).'($'1.'$c"#-$2)".'($'2*?$,&#&#'?$,)$2.,"&#'

#!

>,"$>&#';').,"&#'F*$'1*)8.,&2'+.I&'1.#'6,($2$#'($1':.,.62'b#.?L-")&'5'$2'1.'#$>*2(.'
?"-.('($1 '#">1& 'i55'.<aE')&2:",?.(.# '.8&,. 'C&, '*2.'"2#),"C)"62 'C,&)$($2-$ '($'1.#'
)$,).2K.#'($'1.')"*(.('($'b,"$2$'$2'0#".'S$2&,E'(&2($'#$',$>"#-,.'1.'($(").-&,".'($'
*2')&?+.-"$2-$'$2'.F*$11.#'-"$,,.#<'R.+$?&#'">*.1?$2-$'($'1.#'.B$2-*,.#'B"B"(.#'$2'
$#-$'#$2-"(&'C&,'02-"?L2"(.#E'$1'8$,?.2&'($1'C&$-.'01)$&E')&?+.-"$2(&')&2'Lc"-&'.1'
1.(& ' ($ ' 1&# ' +.+"1&2"&#E ' & ' )&2&)$?&# ' 1&# ' ,.#-,&# ' .262"?&# ' ($ ' &-,&# ' C$,#&2.I$#'
#"?"1.,$#E')&?& 'C&2$2'($'?.2":"$#-&'1.':">*,.'($'*2'#&1(.(& '>,"$>&'F*$'.C.,$)$'
,$C,$#$2-.(. ' #&+,$ ' *2 ' )*$2)& ' ($ ' C1.-. ' C,&)$($2-$ ' ($ '0?.-&2-$ ' $2 ' a8"C,$ ' & ' 1.'
C,$#$2)". ' ($ ' *2.# ' >,$+.# ' ; ' *2 ' $#)*(& ' >,"$>& ' $2-,$ ' 1.# ' ,*"2.# ' ($ ' 1. ' )"*(.( ' ($'
a.,F*$?"#8'$2'$1'2&,-$'($'R",".<'N,"$>&#';'.#","&#'$#-*B"$,&2'$2')&2-.)-&'$2'1.'"#1.'
($'a8"C,$E'F*$'($#($'1.'4(.('($1'\,&2)$'#$'8.11.+.'8.+"-.(.'$2'C.,-$'C&,'>,"$>&#';'
:*$')&2F*"#-.(.'C&,'1&#'.#","&#'.':"2.1$#'($1'#">1&'i555'.<aE')&?&',$B$1.'1.'$#-$1.'($1'
,$;'4#.,8.(62'$#),"-.'$2').,.)-$,$#')*2$":&,?$#'8.11.(.'$2'1.'"#1.<
D.'"?C1").)"62'($1'?*2(&'>,"$>&'$2'1&#'.#*2-&#'&,"$2-.1$#';E 'C&,'-.2-&E'1.#'
C&#"+"1"(.($#'($'C$,)$C)"62';'.#"?"1.)"62'($'2*$B.#'"($.#'C&,'C.,-$'($'2*?$,&#&#'
"2("B"(*&#'F*$'B".I.,&2'($'*2'H?+"-&'.'&-,&'.1).23.,&2'#*'C*2-&')*1?"2.2-$')&2'1.'
.C.,")"62'$2'$#)$2.'($1'"?C$,"&'C$,#.E'.':"2.1$#'($1'#">1&'i5'.<a<'!$',$C$2-$E'$2'*2'
+,$B$'1.C#&'($'-"$?C&E'-&(&'$1'e,"$2-$E'$#$')&2>1&?$,.(&'($'C*$+1&#';')*1-*,.#'F*$'
1&# ' >,"$>&# ' 8.+K.2 ' C$,)"+"(& ' ($ ' :&,?. ' :,.>?$2-.,". ' )&?& ' $2-"(.($# ' C&1K-").# ' ;'
)*1-*,.1$# ' #$C.,.(.# ' . ' C$#., ' ($ ' F*$ ' ,$)"+"$,&2 ' $1 ' "?C.)-& ' )&2#"($,.+1$ ' ($ ' #*#'
,$.1"3.)"&2$#' )*1-*,.1$# ';',$1">"&#.#E 'F*$(6' *2":").(& '($ '?.2$,. '($:"2"-"B.' +.I&'1.'
)&?C1$-.'8$>$?&2K.'($'1&#'.F*$?L2"(.#<'e,"$2-$'F*$(.+.'.#K'$F*"C.,.(&'$2'1.'
(":*#.'?$2-.1"(.( '>$&>,H:").'>,"$>.')&2'$1'"?C$,"&'C$,#.E '*2. ')&2)$C)"62 '($ '1.#'
)&#.# ' F*$ ' F*$(. ' C$,:$)-.?$2-$ ' ,$:1$I.(. ' $2 ' 1. ' C,&C". ' .,F*"-$)-*,. ' -$c-*.1 ' ($ ' 1.'
8"#-&,".'($'h$,6(&-&E'F*$'C,&)$($'.'*2.',$B"#"62'>1&+.1'($1'?*2(&'8.+"-.(&E'($#($'
*2. ' C$,#C$)-"B. ' :*2(.?$2-.1?$2-$ ' &,"$2-.1E ' -&?.2(& ' )&?& ' 8"1& ' )&2(*)-&, ' ($ ' #*'
,$1.-&'1.'($#),"C)"62'($'1.#'(":$,$2-$#'C,&B"2)".#';'(&?"2"&#'($1'"?C$,"&<
D.# ' )"*(.($# ' I&2".# ' $#-.+1$)"(.# ' . ' 1& ' 1.,>& ' ($ ' 1.# ' )&#-.# ' ($ '0#". ' S$2&,'
)&2#-"-*;$,&2'#"2'(*(.'1.'.B.23.("11.'>,"$>.'$2'$#-&#')&2-.)-&#';'1.#'F*$'C,"?$,&'
$cC$,"?$2-.,&2 ' $1 ' C$#&E ' ?H# ' & ' ?$2&# ' 1"B".2&E ' ($ ' #* ' $cC.2#"&2"#?& ' &))"($2-.1<'
!")8.# ' )"*(.($# ' 8.+K.2 ' ?.2-$2"(& ' 2$)$#.,".?$2-$ ' )&2-"2*&# ' )&2-.)-&# ' )&2 ' 1&#'
C&($,$#'"2(K>$2.#'.2.-&1"&#'$c"#-$2-$#'$2'1.'3&2.'.2-$#'($'1.'11$>.(.'($'1&#'C$,#.#E'
C,"?$,&'1&#':,">"&#';'($#C*L#'1&#'1"("&#E'F*$'8.+K.2'&)*C.(&'$1'B.)K&'($I.(&'$2'1.'
,$>"62'-,.#'1.'($#.C.,")"62';.'1$I.2.'($1'"?C$,"&'8"-"-.<'!$'1.',$1.)"62'>,"$>.')&2'1&#'
:,">"&# ' 2& ' $# ' ?*)8& ' 1& ' F*$ ' #$ ' #.+$ ' . ' )"$2)". ' )"$,-.E ' . ' $c)$C)"62 ' ($ ' 1. ' :*$,-$'
"?C,$#"62 ' ($I.(. ' $2 ' 1. ' ?$?&,". ' )&1$)-"B. ' >,"$>. ' C&, ' 1. ' "2?$2#. ' ,"F*$3. ' ($ ' #*'
1$>$2(.,"&',$;'S"(.#<'g#-.'8.'F*$(.(&',$:1$I.(.'.'#*'?.2$,.'$2'$1'?"-&';'$2'$1'
1$2>*.I$'C&C*1.,'.'-,.BL#'($'8"#-&,".#'"2?&,-.1$#')&?&'1.'F*$'1&'C,$#$2-.')&?&'*2'
.?+")"&#&'C$,#&2.I$'F*$')&2-$?C1.'-,H>").?$2-$'#.-"#:$)8&'#*'"2#.)".+1$'($#$&'($'
,"F*$3.#'.1')&2)$(L,#$1$'F*$'-&(&'1&'F*$'-&).,.'#$')&2B",-"$,.'$2'&,&E'8.)"$2(&'.#K'
($1'-&(&'"?C&#"+1$'#*'C,&C".'#*C$,B"B$2)".'C&,'2&'C&($,'"?C$(",'F*$E'.1'.1"?$2-.,#$E'
1.'B".2(.')&,,$#C&2("$2-$'#$'-,.2#:&,?.,.'-.?+"L2'$2'&,&W'&'.F*$11.'&-,.'#$>J2'1.'
)*.1 ' .(F*","6 ' &,$I.# ' ($ ' .#2& ' $2 ' ).#-">& ' C&, ' #* ' &#.(K. ' ($ ' 8.+$, ' ($#.:".(& ' $1'
B$,$(")-&'F*$'&-&,>.+.'.'0C&1&'$1'-,"*2:&'$2'*2')$,-.?$2'($'1",.<'R$>J2'$1'-$#-"?&2"&'
($'h$,6(&-&E'#*'&:,$2(.'($'*2'-,&2&'$2'$1'#.2-*.,"&'($'0C&1&'$2'!$1:&#'$,.'1.'?H#'
.2-">*.'F*$'8.+K.'#"(&'8$)8.'C&,'*2'?&2.,).'&,"$2-.1<'D.#',$1.)"&2$#'C.,$)$2'8.+$,'
("#)*,,"(& ' C&, ' 1& ' >$2$,.1 ' $2 ' +*$2&# ' -L,?"2&# ' . ' I*3>., ' C&, ' 1. ' 2&-")".E ' -,.#?"-"(.'
-.?+"L2'C&,'$1'8"#-&,".(&,'I&2"&E'.)$,).'($1'?.-,"?&2"&'($1'?"#?&'S"(.#'&'($'&-,&',$;'

#"

F*$'11$B.+.'$1'?"#?&'2&?+,$')&2'*2.'I&B$2'>,"$>.'($'1.')"*(.('($'a*?.#E')*;&'
C.(,$'11$B.+.'$1'#">2":").-"B&'2&?+,$'($'0>.?$262<'D.'($*(.'($'1&#'>,"$>&#'8.)".'
1&#':,">"&#'2&'C.,$)$'#$,'($'2"2>*2.'$2-"(.(')&2#"($,.+1$E'#"'$c)$C-*.?&#')"$,-.#'
-&2.1"(.($#'?*#").1$#<'42').?+"&E'C.,$)$'F*$'1.')&,,"$2-$'($'"2:1*$2)".#'("#)*,,"6'
?H#'+"$2'$2'(",$))"62')&2-,.,".'#"'-$2$?&#'$2')*$2-.'F*$'8.#-.'1.':$)8.'#&2'?H#'
.+*2(.2-$# '1&#' ?.-$,".1$# '>,"$>&#' 8.11.(&#' $2 '1&#';.)"?"$2-&# ':,">"&# '$c).B.(&#E'
)&?& '1. 'C,&C". ').C"-.1E ' N&,("&2E '#"-*.(. ' $2 '1.# 'C,&c"?"(.($# '($ '02j.,.E ' F*$ '1&#'
:,">"&# ' $2 ' -$,,"-&,"& ' >,"$>&< ' R"2 ' $?+.,>&E ' $# ' ?*; ' C,&+.+1$ ' F*$ ' 2*$#-,&'
($#)&2&)"?"$2-&'($'1.'#"-*.)"62'>1&+.1'#$.E'$2'+*$2.'C.,-$E'$1',$#C&2#.+1$'($'$#-$'
C&+,$ ' C.2&,.?.E ' #" ' )&2#"($,.?&# ' F*$ ' 1&# ' :,">"&# ' :*$,&2 ' $2 ' ?*)8&# ' -$,,$2&# ' 1&#'
8$,$($,&#'($'1.')"B"1"3.)"62'8"-"-.';'F*$':*$'C&#"+1$?$2-$ '.'-,.BL#'($'$11&# ')&?&'
$2-,.,&2'$2'$1'H?+"-&'8$1L2")&E'F*"3H'C,"?$,&'$2'$1'$&1"&E'.1>*2&#'$1$?$2-&#'($'1.'
?"-&1&>K.'&,"$2-.1'F*$'.C.,$)$2',$:1$I.(&#')&2'-&(.'2"-"($3'$2'1.'0)'B'2%"'8$#"6(").<'
D.'$c"#-$2)".'($'*2.'BK.'($')&?*2").)"62'$2-,$'1&#')$2-,&#'($'C&($,':,">"&#'#"-*.(&#'
$2 ' 1. ' ?$#$-. '.2.-&1". ' ;'1.# ' )&#-.# '?$,"("&2.1$# ' ($ ' 1. 'C$2K2#*1. ' $2 ' 1.' ,$>"62 ' ($'
a"1")".E'F*$'($#C*L#'1&#'C$,#.#')&2#&1"(.,K.2')&?&'1.'C,"?$,.'$-.C.'($'1.':.?&#.'
BK. ' ,$.1 ' F*$ ' )&2(*)K. ' ($ ' R.,($# ' . ' R*#.E ' >.,.2-"3.+. ' .($?H# ' 1&# ' )&2-"2*&#'
)&2-.)-&#')&2'$1'b,6c"?&'e,"$2-$<'f2&#')&2-.)-&#'.'1&#'F*$'1&#'>,"$>&#'2&'($+"$,&2'
($',$#*1-.,'($1'-&(&'.I$2&#'.'1.'B"#-.'($'#*'C,$#$2)".'$2'a"1")".'($#($'*2.'LC&).'-.2'
-$?C,.2.')&?&'1&#'"2")"&#'($1'C,"?$,'?"1$2"&'.<a<'D.'.(&C)"62'($1')*1-&'($'a"+$1$#E'
1.'>,.2'("&#.'?.(,$E'C&,'C.,-$'>,"$>.';'1.'.(.C-.)"62'($1'.1:.+$-&'C&,'C.,-$':,">".E'
#$>*,.?$2-$'C&,'"2-$,?$(".)"62'>,"$>.'$2'.F*$11.',$>"62E'#&2'$1',$#*1-.(&'$B"($2-$'
($'-.1$#',$1.)"&2$#<
01 '"2-$,?$("& '($#-,*)-"B&'?.,).(& 'C&, '1&#')"?$,"&#E 'F*$ '.,,.#.,&2 ')&2 '#*#'
)&,,$,K.#'*2.'+*$2.'C.,-$'($'0#".'S$2&,'.')&?"$23&#'($1'#">1&'i55'.<a<';'.).+.,&2'
)&2'$1',$"2&':,">"&E'#">*"6'1.'.C.,")"62'($'D"(".E'$1'2*$B&',$"2&'.2.-&1"&'F*$'.#*?"6'$1'
,$1$B&'($'1&#':,">"&#'$2'$1'(&?"2"&'($'-&(.'$#-.'3&2.<'41'C.2&,.?.'2&'$cC$,"?$2-6'
).?+"&# ' 2&-.+1$# ' #" ' ,$)&,(.?&# ' F*$E ' .1 ' ">*.1 ' F*$ ' 1&#' :,">"&#E ' 1&# ' 1"("&# ' .C.,$)$2'
.#&)".(&# ' $2 ' 1. ' ?$?&,". ' >,"$>. ' . ' 1. ' "2?$2#. ' ,"F*$3. ' ($ ' #* ' ?&2.,). ' ?H#'
$?+1$?H-")&E'$1':.?&#&'a,$#&E'C,&-.>&2"#-.'-.?+"L2'($'("B$,#.#'1$;$2(.#')&2'-"2-$#'
?&,.1"3.2-$# ' .)$,). ' ($1 ' #.2& ' $I$,)")"& ' ($ ' 1. ' ?&($,.)"62 ' ; ' #&+,$ ' $1 ' ).?+"&'
$#C$)-.)*1.,'F*$'.'B$)$#'$cC$,"?$2-.'1.':&,-*2.'8*?.2.<'T.?+"L2'#$'.-,"+*;$2'.'
a,$#&E')&?&'.'S"(.#E'"?C&,-.2-$#'&:,$2(.#'$2'$1'#.2-*.,"&'($'!$1:&#E',$B$1.(&,.#'
($ ' 1. ' "2-$,.))"62 ' ?.2":"$#-. ' ($1 ' ?&2.,). ' 1"("& ' )&2 ' *2& ' ($ ' 1&# ' )$2-,&# ' ?H#'
$?+1$?H-")&#'($1'8$1$2"#?&<'a&2-.?&#'-.?+"L2')&2'.1>*2.#',$:$,$2)".#'.1*#"B.#'.'
1&# ' 1*I&# ' ; ' $#C1$2(&,$# ' ($ ' #* ' ).C"-.1E ' 1. ' )"*(.( ' ($ ' R.,($#E ' $2 ' 1&# ' :,.>?$2-&#'
C&L-")&# '($'R.:&E 'F*$' C.,$)$'C$,)"+",1. ')&?& ' *2.' $#C$)"$ '($' b.,K# '($' 1. 'LC&).'
(&2($ ' )*1?"2.+.2 ' #* ' .2(.(*,. ' .1>*2.# ' ($ ' 1.# ' ?*)8.)8.# ' F*$ ' ,$)"+"$,&2 ' #*#'
$2#$%.23.#';'("$,&2'#*#'C,"?$,&#'C.#&#'$2'1.'.(&1$#)$2)".'($2-,&'($'#*'(-F"/'/'($'
D$#+&#<'0*2F*$'$1'C.2&,.?.'.,F*$&16>")&'-.?C&)&'$#'$c)$#"B.?$2-$'C,&?$-$(&,'
$2'$#-$'#$2-"(&'.'1.'8&,.'($'"1*#-,.,'1.#'("?$2#"&2$#')&2),$-.#'($'$#-&#'"2-$,).?+"&#'
$2-,$'>,"$>&#';'1"("&#E'C.,$)$')1.,&'F*$'+*$2.'C.,-$'($'1.'C,&#C$,"(.('$cC$,"?$2-.(.'
C&, ' 1.# ' )"*(.($# ' >,"$>.# ' ($ ' 1. ' 3&2. ' . ' 1& ' 1.,>& ' ($1 ' #">1& ' i55 ' .<a< ' #$ ' ($+"6 ' . ' 1.'
#"?+"&#"#'$#-.+1$)"(.')&2'$1'2*$B&',$"2&<']&'$2'B.2&'$#'.'-,.BL#'($'.*-&,$#'>,"$>&#'
,$#"($2-$# ' $2 ' $#-. ' 3&2. ' +.I& ' 1. ' 8$>$?&2K. ' 1"(". ' )*.2(& ' ,$)"+"?&# ' 1.# ' C,"?$,.#'
"?C,$#"&2$# ' .)$,). ' ($1 ' ?*2(& ' &,"$2-.1E ' $2-,$?$3)1.(.# ' $2 ' 1&# ' :,.>?$2-&# ' ($ ' 1.'
C&$#K. ' ($ ' R.:&E '01)$& ' & ' M&)"1"($#E ' F*$ ' ?*$#-,.2 ' )&2)"$2)". ' ($ ' 1. ' $c"#-$2)". ' ($'
\.+"1&2".'&'($'1.'>,.2($3.'($']K2"B$E'#*?"(.'($#C*L#'$2'1.'($#&1.)"62<

##

M*$E'#"2'$?+.,>&E'1.'11$>.(.'($'b$,#".'.2-$'$1'8&,"3&2-$'>,"$>&'.':"2.1$#'($1'
#">1&'i5'.<a<'1.'F*$'?.,)6'*2'>",&',.(").1';'($:"2"-"B&'$2'$#-$'-$,,$2&<'D.#')"*(.($#'
>,"$>.#'($'1.')&#-.'($'0#".'S$2&,'$2-,.,&2'(",$)-.?$2-$'.':&,?.,'C.,-$'($1'"?C$,"&'
.F*$?L2"(.')&2'-&(.#'#*#'B$2-.I.#'$'"2)&2B$2"$2-$#<'D.')&2#&1"(.)"62'($'1.'BK.'
,$.1E ' .2-$# ' ?$2)"&2.(.E ' :.)"1"-.+. ' $c-,.&,("2.,".?$2-$ ' 1.# ' )&?*2").)"&2$# ' ; ' 1&#'
)&2-.)-&#'$2-,$'*2.#',$>"&2$#';'&-,.#'($1'"?C$,"&<'D.'C,$#$2)".'>,"$>.'$2'-"$,,.#'
C$,#.#'.(F*"$,$'.8&,.'C,&C&,)"&2$#')&2#"($,.+1$#'.'1.'B"#-.'($'1.'*-"1"3.)"62').#"'
?.#"B.'($'$#C$)".1"#-.#'>,"$>&#'($'-&(.'K2(&1$'$2'1.#':"1.#'($'1.').2)"11$,K.'"?C$,".1<'
a&2&)$?&#E'C&,'$I$?C1&E'.'-,.BL#'($'h$,6(&-&E'1.'$cC1&,.)"62'11$B.(.'.').+&'C&,'
4#)K1.c'($'a.,".2(.'$2'1.',$>"62'($'1.'52(".'.1'#$,B")"&'($'!.,K&'5E'*2.'$?C,$#.'($'
$2B$,>.(*,.'$2'1.'F*$'-.?+"L2'-&?.,&2'C.,-$'&-,&#'>,"$>&#'($'1.'3&2.'F*$'2&'#&2'
?$2)"&2.(&#'($':&,?.'$cC1K)"-.'C&,'$1'8"#-&,".(&,E'F*"3.'C&,'2&'8.+$,'.(F*","(&'$1'
,$2&?+,$ ' C&#-$,"&, ' ($1 ' C,"?$,&E ' F*$ ' $#),"+"6 ' .1 ' C.,$)$, ' *2 ' ,$1.-& ' ($ ' B".I$ ' ($ ' #*'
.2(.(*,.< ' R.+$?&# ' ">*.1?$2-$E ' . ' -,.BL# ' ($ ' $#-. ' ?"#?. ' :*$2-$E ' F*$ ' ?L(")&#'
>,"$>&#'"1*#-,$#')&?&'!$?6)$($#'($'a,&-&2.'$#-.+.2'.1'#$,B")"&'($'1.')&,-$'C$,#.E';'
1.'$B"($2)".'$C">,H:").'8.')&2:",?.(&'-.?+"L2'1.'C,$#$2)".'($'2*?$,&#&#').2-$,&#E'
.,-$#.2&# ' ;' $#)*1-&,$# ' $2 ' 1.# '$#C$)-.)*1.,$# ' &+,.# ' ($ ' 1. ' ).C"-.1 ' ,$.1 ' b$,#LC&1"#<'
52)1*#& ' $2 ' &-,&# ' 1*>.,$# ' ($1 '"?C$,"&E ' )&?& ' 1. ')"*(.( '($ ' b.#.,>.(.E '&-,. ' ($ '#*#'
).C"-.1$#E'$1'.,F*$61&>&'#*$)&'];1.2($,'),$$'8.+$,'$2)&2-,.(&':",?$# '$B"($2)".#'
F*$'.-$#-">*.2'$1'-,.+.I&'($').2-$,&#'>,"$>&#'$2'1.')&2#-,*))"62'($1'C.1.)"&',$.1'.2-$'
1.#'$2&,?$#'#"?"1"-*($#'($#($'$1'C*2-&'($'B"#-.'-L)2")&';'$#-"1K#-")&'F*$'C,$#$2-.')&2'
$1 '0,-$?"#"&2 ' ($ ' g:$#&< ' D& ' )"$,-& ' $# ' F*$ ' $2 ' 1&# ' (&# ' #">1&# ' F*$ ' C,$)$($2 ' . ' 1.'
)&2F*"#-.'($1'"?C$,"&'C$,#.'C&,'01$I.2(,&'S.>2&')&2&)$?&#')$,).'($'-,$#)"$2-&#'
2&?+,$#'($'>,"$>&#'F*$'$#-*B"$,&2'.1'#$,B")"&'($'1.').#.',$.1<']&'$#').#*.1"(.(E'C&,'
-.2-&E ' F*$ ' #$. ' C,$)"#.?$2-$ ' . ' C.,-", ' ($ ' $#-&# ' ?&?$2-&# ' )*.2(& ' #*,I.2 ' $2 ' $1'
$#)$2.,"&'>,"$>&'1.#'C,"?$,.#'&+,.#'$2'C,&#.'F*$'-,.-.2'($'$#-.+1$)$,'*2'+.1.2)$'
>$&>,H:")&'($1'?*2(&')&2&)"(&E')&?&'1.'O).%8B)/%/'($'h$).-$&'($'S"1$-&E'F*$'C*(&'
#$,B", ' ($ ' ,$:$,$2-$ ' .1 ' C&#-$,"&, ' ,$1.-& ' ($ ' h$,6(&-& ' $2 ' ?*)8&# ' .#C$)-&#< ' k*"3H'
-.?C&)&'$#'($1'-&(&'.I$2&'.'1.'$2-,.(.'($:"2"-"B.'($1'?*2(&'>,"$>&'$2'1.'6,+"-.'C$,#.'
$1'"?C*1#&'F*$'$cC$,"?$2-.'$1'H?+"-&'($'1.'C*,.'$#C$)*1.)"62')&2'1.'.C.,")"62'($'1&#'
C,"?$,&#'C$2#.(&,$#E'1&#'($2&?"2.(&#'C,$#&),H-")&#E')*;.#'.:"2"(.($#')&2'.1>*2.#'
"($.#';'(&)-,"2.#'&,"$2-.1$#':*$,&2';.'#$%.1.(.#'$2'#*'(K.'C&,'$1'?$2)"&2.(&'o$#-E'
$2-,$'&-,&#<
R"2'$?+.,>&E'2&'8.;'F*$'&1B"(.,'-.?C&)&'1.'&-,.').,.'($'1.'?&2$(.<'S*)8&#'
>,"$>&#'#"2-"$,&2'F*$'1.'C,$#$2)".'C$,#.'$2'1.'3&2.'C&2K.'#$,".?$2-$'$2'C$1">,&'-&(.'
#*':&,?.'($'B"(.<'!$'8$)8&'.1>*2&#'>,"$>&#'C,&;$)-.,&2'#*':*-*,&'$2'1*>.,$#'1$I.2&#'
)&?&'a$,($%.'&'T.,-$#&#E'$2'$1'#*,'($'1.'C$2K2#*1.'"+L,").E'(&2($'1&#'8.+"-.2-$#'($'
M&)$.',$)"+"$,&2'1.'&:$,-.'($'.#$2-.,#$'$2'#*'-$,,"-&,"&'$2').#&'($'2$)$#"(.('C&,'
+&).'($'#*'?"#?K#"?&'?&2.,).E'0,>.2-&2"&<'01>*2.#'($'$#-.#'"2")".-"B.#'#$'11$B.,&2'
.').+&'C&,'C.,-$'($':&)$&#';'($'1&#'8.+"-.2-$#'($'1.'B$)"2.'T$&#E'#"'+"$2'$1'1*>.,'
$1$>"(& ' C.,. ' #* ' :&,3.(& ' $c"1"& ' :*$,&2 ' 1.# ' )&#-.# ' ($ ' 5-.1". ' ; ' $1 ' 2&,-$ ' ($1 ' 4>$&'
,$#C$)-"B.?$2-$< ' R"2 '$2-,., ' ($ ' 11$2& ' $2 ' $1 ' I*$>& ' ).#" ' (".+61")& '.*#C")".(& ' C&, '1.'
C,&C.>.2(. ' .-$2"$2#$E ' F*$ ' C,$#$2-6 ' 1. ' ",,*C)"62 ' ($ ' 1&# ' C$,#.# ' )&?& ' *2 ' .-.F*$'
:,&2-.1'($1'($#C&-"#?&'&,"$2-.1'.'1.'1"+$,-.(';'.*-&2&?K.'>,"$>.#E'2&'C&($?&#'&+B".,'
$1'8$)8&'($'F*$'1.'"2#$,)"62'($'1.#')"*(.($#'>,"$>.#'$2'$1')&2-$c-&'"?C$,".1'C$,#.'
C,&B&)6 ' "?C&,-.2-$# ' ($#.I*#-$# ' $2 ' #* ' -$I"(& ' C&1K-")& ' ; ' #&)".1 ' F*$ ' .).+.,K.2'
($#$?+&).2(&'$2'1.',$B*$1-.'I&2".'($1'^ZZ'.<aE'1.'11.?.'F*$'#$,K.'($#C*L#'$1'"2")"&'
($'1.#'($2&?"2.(.#'>*$,,.#'?L(").#<

#$

<)'7*"%#10&)%+2*8',"%#,*

D.':&,3.(.',$1.)"62')&2'$1'"?C$,"&'C$,#.'#">2":")6'-.?+"L2'$1'#*,>"?"$2-&'($'*2'
$2&,?$'"2-$,L#'C&,'-&(&'1&',$1.)"&2.(&')&2'b$,#".';'#*#'(&?"2"&#'F*$'#$'-,.(*I&'$2'
&+,.#')&?&'1.#'($'h$,6(&-&E'a-$#".#';'7$2&:&2-$<'R$'-,.-.+.'C&,'1&'>$2$,.1'($'*2'
>L2$,&'8K+,"(&E'.'?$("&').?"2&'$2-,$'1.'8"#-&,".';'1.'2&B$1.E')&2'"2$F*KB&)&#'-&F*$#'
($ ' :.+*1.)"62 ' $-2&>,H:"). ' ; ' ?&,.1"3.2-$E ' F*$ ' $2)&2-,6 ' .1 ' C.,$)$, ' *2. ' >,.2'
.)$C-.)"62'$2-,$'1&#'?$("&#'"2-$1$)-*.1$#'>,"$>&#'.'I*3>.,'C&,'1.#'2*?$,&#.#'&+,.#'
($(").(.#'.1'.#*2-&E'($2&?"2.(.#'C&,'1&'>$2$,.1 'O)./%7?E'F*$'C&(,K.?&#'-,.(*)",'
)&?& ' p.#*2-&# ' #&+,$ ' b$,#".q< ' D. ' :.#)"2.)"62 ' C&, ' -&(& ' 1& ' &,"$2-.1E ' ,$:1$I.(. ' ($'
?.2$,.'("#)&2-"2*.'$2'.1>*2.#':*>.)$#'"2#-.2-H2$.#'($'1&#'C&$-.#'1K,")&#'.,).")&#E'
)&?& ' 1.# ' ;. ' )&?$2-.(.# ' ($ ' R.:& ' ; '01)$&E ' #$ ' )&2)$2-,6 ' .8&,. ' ).#" ' ($ ' ?.2$,.'
($:"2"-"B.'$2'1&'C$,#.E'$2'#*#')&#-*?+,$#';'$2'#*#'"2#-"-*)"&2$#E'$2'#*#'?&2.,).#';'
$2'#*'"?C$,"&E'F*$'8.+K.'.#*?"(&'$'"2)&,C&,.(&'.'#*'B$3'&-,&#'"?C$,"&#'.2-$,"&,$#'
)&?&'$1'.#","&';'$1'+.+"1&2"&<
R"2'$?+.,>&'$1'"2-$,L#'C&,'b$,#".')&"2)"("6'-.?+"L2')&2'#*'($,,&-.'.'?.2&#'
($ ' 1. ' )&.1")"62 ' >,"$>. ' )&?.2(.(. ' C&, ' .-$2"$2#$# ' ; ' $#C.,-.2&#E ' F*$ ' )&2 ' #*#'
,$#&2.2-$#'B")-&,".#'($'R.1.?"2.';'b1.-$.'8.+K.2'.-$?C$,.(&'($':&,?.')&2#"($,.+1$'
$1'?"-&'($'1.'>,.2($3.'$'"?+.-"+"1"(.('($'1&#'C$,#.#<'D.',$.))"62'"2?$(".-.'($'1.'
C,&C.>.2(. ' .-$2"$2#$E ' $2).,>.(. ' ($ ' (":*2(", ' C&, ' -&(.# ' C.,-$# ' 1. ' #*C$,"&,"(.('
C&1K-").E'?"1"-.,';'?&,.1'($'1&#'>,"$>&#'#&+,$'#*#'.(B$,#.,"&#'&,"$2-.1$#E'2&'8.)K.'&-,.'
)&#.'F*$'-,.-.,'($'$2)*+,",'($'.1>*2.'?.2$,.'$1'-$?&,'>$2$,.1"3.(&'F*$'1.'",,*C)"62'
($1'"?C$,"&'C$,#.'$2'1.'B"(.'C&1K-").'>,"$>.'8.+K.'C,&B&).(&'($#($'*2'C,"2)"C"&<'41'
-,.*?.'F*$'#*C*#&'C.,.'?*)8&#'>,"$>&#'($'1.',$>"62'($'0#".'S$2&,'1.'.C.,")"62'
,$C$2-"2. ' ($ ' 1&# ' C$,#.# ' $2 ' 1. ' 3&2. ' ($#.,+&1.2(& ' $2 ' C&)&# ' (K.# ' 1.# ' "?C&2$2-$#'
:&,-":").)"&2$#'($'1.').C"-.1'1"(".E'R.,($#E'#$'B$',$:1$I.(&'$2'1&#'B$,#&#'($'7$26:.2$#'
($ ' a&1&:62E ' F*$ ' .+.2(&26 ' #* ' 1*>., ' ($ ' 2.)"?"$2-& ' -,.# ' 1. ' )&2F*"#-. ' C$,#.< ' D.'
C,$>*2-.'.)$,).'($'1.'$(.('F*$'*2&'-$2K.'.'1.'11$>.(.'($1'"2B.#&,')&2#-"-*;$E'#$>J2'
7$26:.2$#E'*2.'($'$#.#')*$#-"&2$#'$#$2)".1$#'F*$'C*$($2':&,?*1.,#$'.1').1&,'($1'
8&>.,'$2'$1'"2B"$,2&';'($#C*L#'($'*2.',$)&2:&,-.2-$')&?"(.<
41'-$?&,'.'1&#'C$,#.#'#$'8.11.+.'?*;'$c-$2("(&'$2'$1'?*2(&'>,"$>&'.'I*3>.,'
C&,'1.'C,$#-$3.')&2'F*$'#$')&2#-"-*;6'1.'1">.'($:$2#"B.'($'!$1&#E'.*#C")".(.'C&,'1&#'
.-$2"$2#$#'-,.#'1.#'"?C.)-.2-$#'B")-&,".#')&2#$>*"(.#'($':&,?.'-.2'#&,C,$2($2-$<'f2'
-$?&,'F*$'2&'#$'8.+K.'$c-"2>*"(&'($1'-&(&').#"'*2'#">1&'($#C*L#E')*.2(&'$1'&,.(&,'
5#6),.-$#'#$'B"&'&+1">.(&'.'*-"1"3.,'(")8&'?&-"B&'$2'#*'+,"11.2-$'("#)*,#&')&2'$1'F*$'
$#C$,.+.'C$,#*.(",'.'*2.'C.,-$'"?C&,-.2-$'($'1.'.*("$2)".'>,"$>.E'F*$'.1'C.,$)$,'
-&(.BK. ' -$?K. ' ; ' ,$#C$-.+. ' . ' 1&# ' C$,#.#E ' . ' :.B&, ' ($1 ' "2)"C"$2-$ ' ?&B"?"$2-&'
C.28$1L2")&<'A$#*1-.'">*.1?$2-$'#">2":").-"B&'($'1.')&2-"2*"(.('($'$#-&#'#$2-"?"$2-&#'
($'-$?&,';',$2)&,'8.)".'b$,#".'$2-,$'1&#'>,"$>&#'$1'8$)8&'($'F*$'01$I.2(,&'*-"1"3.,.'
$1'-$?.'($'1.'B$2>.23.')&2-,.'1.#'&:$2#.#'"2:$,"(.#'C&,'1&#'C$,#.#').#"'(&#'#">1&#'
.2-$#')&?&'*2&'($'1&#',$#&,-$#'C,"2)"C.1$#'($'#*'C,&C.>.2(.'.'1.'8&,.'($'1$>"-"?.,'
#* ' C&#")"62 ' . ' 1. ' ).+$3. ' ($ ' 1. ' $cC$(")"62 ' &,"$2-.1E ' ]& ' C.,$)$ ' C,&+.+1$ ' F*$ ' 1.'
).2)"11$,K.'?.)$(&2".E'F*$'#$'8.11.+.'C$,:$)-.?$2-$'.1')&,,"$2-$'($'1.#'-$2($2)".#'
($'1.'&C"2"62'CJ+1").'>,"$>.E',$)*,,"$,.'$2'$#-$').#&'.'*2'?&-"B&'-,"B".1';').,$2-$'($'
"2-$,L# ' C.,. ' 1. ' ?.;&,K. ' )*.2(& ' #$ ' -,.-.+. ' ($ ' p?&-"B.,q ' . ' *2 ' )&1$)-"B& ' )&?& ' $1'

#%

>,"$>&E ' C&)& ' ("#C*$#-& ' . ' C,$#-., ' #* ' .C&;& ' . ' *2 ' )&2F*"#-.(&, ' $c-,.2I$,& ' .1 ' F*$'
)&2#"($,.+.',$#C&2#.+1$'(",$)-&'($'#*'CL,("(.'($'.*-&2&?K.'C&1K-").<
41'#$2-"?"$2-&'($'#*C$,"&,"(.(')*1-*,.1';'C&1K-").'"?C*1#.(&'($#($'0-$2.#'#$'
)&2B",-"6'.#K'$2'*2'"2>,$("$2-$'"2$B"-.+1$'($'1.'.)-"-*('>,"$>.'8.)".'e,"$2-$'.'C.,-",'($'
1. ' B")-&,". ' )&2#$>*"(. ' $2 ' $1 ' C,"?$, ' -$,)"& ' ($1 ' #">1& ' i ' .<a< '0' C.,-", ' ($ ' $2-&2)$#'
)&$c"#-"$,&2E'($':&,?.'?H#'&'?$2&#'.?+">*.';')&2-,.(")-&,".E'$#-.#'(&#')1.#$#'($'
C&#-*,.#E'F*$',$:1$I.+.2'.'#*'?.2$,.'1.':.#)"2.)"62'C&,'1.',"F*$3.'$'"2?$2#"(.('($'
*2 ' "?C$,"& ' F*$ ' 8.+K. ' C$,?.2$)"(& ' "2?*-.+1$ ' #"2 ' 8.+$, ' B"#-& ' .1-$,.(&# ' #*#'
$#C$)-.)*1.,$#'(&?"2"&#'-,.#'1.'($,,&-.'#*:,"(.'.'?.2&#'($'1&#'>,"$>&#';'$1'?"$(&'
B"#)$,.1 ' "2$#C$,.(.?$2-$ ' #*C$,.(& ' C&, ' 1. ' #$2#.)"62 ' 1"+$,.(&,. ' ($ ' *2 ' -,"*2:& ' -.2'
,$C$2-"2& ' ; ' C,$)"C"-.(&< ' 4# ' C,$)"#.?$2-$ ' $2 ' $#-&# ' ?&?$2-&# ' )*.2(& ' #*,>$ ' $1'
$#-$,$&-"C& ' ($ ' e,"$2-$ ' F*$ ' C$,(*,.,H ' . ' 1& ' 1.,>& ' ($ ' -&(. ' 1. ' )*1-*,. ' &))"($2-.1'
C&#-$,"&,E')&2'-&(.#'#*#'1*)$#';'#&?+,.#E'-.1';')&?&'8.'C*$#-&'($',$1"$B$'$1'$#),"-&,'
C.1$#-"2&'4([.,('R."('$2'#*')L1$+,$'$#-*("&'#&+,$'$1'-$?.<'f2.'"?.>$2'.,-":")".1'$'
"($&16>"). ' )&2#-,*"(. ' #&+,$ ' )"$,-&# ' -6C")&# ' )&?& ' 1. ' ,"F*$3. ' $c*+$,.2-$E ' $1 ' C&($,'
$c)$#"B&'($'1.#'?*I$,$#';'1&#'$*2*)&#'$2'1.')&,-$',$.1E'$1'($#C&-"#?&'.+#&1*-&'($'1&#'
?&2.,).# ' & ' 1. ' )&+.,(K. ' ; ' #$,B"1"#?& ' ($ ' #*# ' #&1(.(&#E ' ?.1"2-$,C,$-.(&# ' *2&# ' ;'
?.2"C*1.(&#'1&#'&-,&#E')*;.':"2.1"(.('C,"2)"C.1'$,.',.-":").,'?$(".2-$'*2.'$#C$)"$'($'
$#C$I&'"2B$,-"(&'1.'C,&C".'($:"2")"62'($'1&#'B.1&,$#':*2(.?$2-.1$#'>,"$>&#E'.#$2-.(&#'
#&+,$'1.#')*.1"(.($#')&2-,.,".#E';',$:&,3.,'$1'#$2-"?"$2-&'($'"($2-"(.('8$1L2")&<
D.',$.1"(.('8"#-6,").'C$,#.'$,.'?*)8&'?H#')&?C1$I.';'(":K)"1'($')&2&)$,E'#&+,$'
-&(&'C.,.'F*"$2$#')&?&'1&#'>,"$>&#'($#)&2&)K.2'C&,')&?C1$-&'1.#'1$2>*.#'8.+1.(.#'
$2'$1'"?C$,"&';'C&,'-.2-&'#$'8.11.+.2'($'$2-,.(.'"2).C.)"-.(&#'C.,.'.))$($,'.'#*'2&'
?*;'.+*2(.2-$'(&)*?$2-.)"62'&:")".1'&'.'#*'C,&C.>.2(.',$1">"&#.<'b$,&'1.'+.,,$,.'
1"2>lK#-").'2&'$,.'$1'J2")&'&+#-H)*1&'$c"#-$2-$'$2-,$'*2&#';'&-,&#<'0'C$#.,'($'1.#'
?$2)"&2.(.#':.)"1"(.($#'$c"#-$2-$#')&2'1.'"?C1.2-.)"62'($1'"?C$,"&';'1.'&,>.2"3.)"62'
; ' C.)":").)"62 ' ($ ' 1.# ' ,*-.# ' "2-$,2.#E ' 2& ' :*$,&2 ' ?*)8&# ' 1&# ' >,"$>&# ' F*$E'
B&1*2-.,".?$2-$E'B"#"-.,&2'$1'2J)1$&'($1'"?C$,"&'F*$'>",.+.'$2'-&,2&'.'1.#'>,.2($#'
).C"-.1$# ' C$,#.#< ' b$,#LC&1"# ' :*$ ' ).#" ' *2. ' C$,:$)-. ' ($#)&2&)"(. ' $2 ' 1. ' )&2)"$2)".'
>,"$>.'8.#-.'F*$'1.#'-,&C.#'($'01$I.2(,&'"2)$2(".,&2'1.')"*(.('$2'$1'QQU'.<a<'0'R*#.'
.)*("$,&2 ' $?"#.,"&# ' ; ' $?+.I.(&,$# ' >,"$>&#E ' C$,& ' -.?C&)& ' 8.2 ' ($I.(& ' $2 ' 1.'
$B"($2)". ' $c"#-$2-$ ' ($?.#".(.# ' ?*$#-,.# ' ($ ' $2-*#".#?& ' & ' .(?",.)"62 ' C&, ' 1.'
?&2*?$2-.1"(.( ' ; ' :.#-*&#"(.( ' ($ ' 1&# ' $(":")"&# ' "?C$,".1$# ' .11K ' C,$#$2-$#< ' 41'
($#)&2&)"?"$2-& ' ($ ' 1. ' ,$.1"(.( ' C$,#. ' C&, ' 1&# ' >,"$>&# ' #$ ' C&2$ ' $#C$)".1?$2-$ ' ($'
?.2":"$#-& ' $2 ' 1. ' *-"1"3.)"62 ' ($1 ' -L,?"2& ' p?$(&q ' C.,. ' ($#">2., ' ($ ' :&,?.'
"2(":$,$2)".(. ' (&# ' $2-"(.($# ' C&1K-").# ' ?*;'("#-"2-.#E ' )&?& ' $,.2 ' ?$(&# '; ' C$,#.#E'
$B"($2)".2(&'F*$'#*':*$2-$'($'"2:&,?.)"62'&,">"2.,".'C.,.'-.1'($#">2.)"62'$,.2'1&#'
1"("&#E'F*$'8.+K.2'?.2-$2"(&'"?C&,-.2-$#')&2:1")-&#':,&2-$,"3&#')&2'1&#'?$(&#'$2'1.'
LC&).'($'#*'C,"?$,.'$cC.2#"62'&))"($2-.1<
T.?C&)&'1&#',$1.-&#'F*$'11$>.+.2'8.#-.'$1'?*2(&'>,"$>&'($'F*"$2$#'8.+K.2'
C"#.(& ' .F*$11.# ' .C.,-.(.# ' ,$>"&2$# ' )&2 ' #*# ' C,&C"&# ' C"$# ' .C&,-.+.2 ' ?*)8& ' . ' #*'
?$I&,')&2&)"?"$2-&<'D.'"2:&,?.)"62'B$,.3';'&+I$-"B.').,$)K.'($'-&(&'"2-$,L#'C.,.'
F*"$2$# ' 2& ' #$ ' 8.11.+.2 ' $2 ' )&2(")"&2$# ' ($ ' .C,&B$)8.,1. ' & ' 2& ' $,.2 ' ).C.)$# ' ($'
)&2:,&2-.,1.')&2'&-,.')1.#$'($'?$("&#'&',$:$,$2)".#E')&?&'#*)$($'$2'1.'.)-*.1"(.('
)&2'2*$#-,&#'?&($,2&#'.-1.#';'$2)")1&C$(".#<'A$#*1-.+.'?*)8&'?H#',$2-.+1$'C.,.'$1'
2.,,.(&, ' C$,?.2$)$, ' ($2-,& ' ($ ' 1&# ' $#F*$?.# ' C,$:"I.(&# ' F*$ ' ($?.2(.+.2 ' 1.#'
$cC$)-.-"B.#'($1'CJ+1")&/'?.,.B"11.#E'$c&-"#?&'$'"2-,">.#'($')&,-$<'42'$#$'H?+"-&'#$'
?&B"$,&2 ' ,$1.-&# ' )&?& ' $1 ' ($ ' 4#)K1.c ' ($ ' a.,".2(.E ' )*;&# ' $)&# ' #$2#.)"&2.1"#-.#'

#&

)&1$.2'C&,'-&(.'1.'1"-$,.-*,.'C&#-$,"&,'$2':&,?.'($'C*$+1&#'$c-,.%&#'F*$'8.+"-.+.2'
+.I&'-"$,,.E'C&#$K.2'*2.').+$3.'$2&,?$'&'#$'8.)K.2'#&?+,.')&2'#*#'C,&C"&#'C"$#<'
T.?C&)& ' a-$#".#E ' *2 ' ?L(")& ' >,"$>& ' F*$ ' C.#6 ' 1.,>& ' -"$?C& ' $2 ' 1. ' )&,-$ ' C$,#. ' .'
:"2.1$#'($1'#">1&'i'.<aE':*$'*2',$C&,-$,&'.+#&1*-.?$2-$':".+1$'.1'-,.2#:&,?.,'-&(.'1.'
.)-*.1"(.( ' C&1K-"). ' ($ ' 1. ' )&,-$ ' C$,#. ' $2 ' "2-$,?"2.+1$# ' ; ' -*,+*1$2-.# ' ("#C*-.# ' ($'
8.,L2<'7$2&:&2-$E'F*$'-*B&'-.?+"L2'#*')&,,$#C&2("$2-$')*&-.'($'$cC$,"$2)".',$.1'$2'
$1'"?C$,"&E')&2'#*'C.,-")"C.)"62'$2'1.':.?&#.'$cC$(")"62'($'1&#'("$3'?"1'.')&?"$23&#'
($1'#">1&'5i'.<aE'-.?C&)&':*$'?H#'$cC1K)"-&'.'$#-$',$#C$)-&<'!$'8$)8&E'$2'1.')L1$+,$'
42?$"/%/E ' (&2($ ' ,$1.-. ' 1. ' $cC$(")"62 ' C&, ' -$,,"-&,"& ' C$,#.E ' $#-.+. ' ?*)8& ' ?H#'
"2-$,$#.(& ' $2 ' ,$:$,", ' $1 ' #*:,"?"$2-& ' ; ' 1. ' )&2#-.2)". ' ($ ' #*# ' 8&?+,$# ' & ' #* ' C,&C".'
"2-$,B$2)"62')&?&'(",">$2-$'$2'+*#).'($'1.'#.1B.)"62':"2.1'($'1&#'$cC$(")"&2.,"&#'F*$'
$2 ' (., ' 2&-")". ' $c.)-. ' ($ ' 1.# ' )&2(")"&2$# ' -$,,"-&,".1$# ' ; ' 8*?.2.# ' ($1 ' "?C$,"&E'
)&2)$2-,.(.#'C.,.'2&#&-,&#'$2'#"?C1$#'.1*#"&2$#'-.2>$2)".1$#'8$)8.#'($'C.#.(.'.'
1&'1.,>&'($1',$1.-&<'R*'+"&>,.:K.'($'a",&E'$1':*2(.(&,'($1'"?C$,"&E'$2'1.',%.'6)+%"'=1.'
$(*).)"62'($'a",&@'2&')&2#-"-*;$'-.?C&)&'*2'"2#-,*?$2-&'.($)*.(&'$2'$#-$'-$,,$2&E'
;.'F*$'1.'&+,.'-,.2#)*,,$').#"'$2'-&(&'?&?$2-&'($2-,&'($'*2'$#C.)"&'"?.>"2.,"&'
).,$2-$ ' C&, ' )&?C1$-& ' ($ ' ,$:$,$2-$# ' ,$.1$#E ' C*$# ' #* ' &+I$-"B& ' C,"2)"C.1 ' $,.'
)&2:$))"&2.,'$1',$-,.-&'($1'+*$2'>&+$,2.2-$E'F*$'.C.,$)K.'$2).,2.(&'.8&,.'$2'*2'
*-6C")&'$'"($.1"3.(&'?&2.,).'C$,#.<
41'"2-$,L#'>,"$>&'C&,'1&#'C$,#.#'"+.E'$:$)-"B.?$2-$E'?*)8&'?H#'.11H'($'1.'?$,.'
"2:&,?.)"62 ' :.)-*.1 ' .)$,). ' ($ ' *2 ' -$,,"-&,"& ' ($-$,?"2.(& ' ; ' #*# ' >$2-$#< ' b$,#". ' #$'
)&2B",-"6'C.,.'1.'?$2-.1"(.('>,"$>.'$2'*2'?.,)&',$:$,$2-$'"($.1'C.,.'1.',$:1$c"62';'$1'
($+.-$ 'C&1K-")&#<' f2.' ($ '#*#' ?.2":$#-.)"&2$#' :*$'1.' )&2#-.2-$ ')&2-,.C&#")"62' ($1'
?&($1&'C&1K-")&'>,"$>&E'+.#.(&'$2'1.'($:$2#.'($'1.'1"+$,-.(';'$2'$1'>&+"$,2&'($'1.#'
1$;$#')&2'$1'&,"$2-.1E'$2-$2("(&')&?&'$1'C,&-&-"C&'($'1.'-",.2K.';'($1'($#C&-"#?&E'-.1';'
)&?&'F*$(.',$:1$I.(&'$2'*2':.?&#&'C.#.I$'($'1.# '!)3)/' ($'b1.-62E'$2'$1'F*$'#$'
($#),"+$ ' . ' b$,#". ' )&?& ' $1 ' ?&($1& ' ($ ' 1. ' .*-&),.)".< ' 41 ' :.?&#& ' C.#.I$ ' ($ ' 1.#'
G%/('.%"/'($'h$,6(&-&'.)$,).'($1'($+.-$'#&+,$'$1'?$I&,'($'1&#',$>K?$2$#'C&1K-")&#E'
C*$#-&'$2'+&).'($'*2'>,*C&'($'2&+1$#'C$,#.#E')&2#-"-*;$'&-,&'$I$?C1&'"1*#-,.-"B&'($'
$#-.'-$2($2)".<'b$,#".'#$,BK.'.#K'($'$#C$I&'"2B$,-"(&'($'1.'8"#-&,".';'$1'($#.,,&11&'
"2#-"-*)"&2.1 ' C,&C".?$2-$ ' >,"$>& ' )&2 ' -&(&# ' #*# ' C,&+1$?.#E ' )&?& ' $1 ' C.#& ' ($ ' *2.'
.,"#-&),.)". ' )*1-*,.1 ' . ' *2. ' )*1-*,. ' ($ ' C,"2)"C"&# ' ?H# ' ($?&),H-")&#E ' & ' 1. ' (&#"#'
"2$B"-.+1$'($'($).($2)".'?&,.1';'$(*).-"B.E')&2'#*#')&2#$)*$2)".#'$2'$1'-$,,$2&'
?"1"-.,E'F*$'$#-.')1.#$'($'C,&)$#&#'C&1K-")&#';'#&)".1$#')&?C&,-.+.2<
b$,&'2&'#$'-,.-.+.'#61&'($'*2.')*$#-"62',$1.-"B.'.1'B.1&,';'.1').,H)-$,'($'1.#'
"2#-"-*)"&2$#'CJ+1").#'($1'$#-.(&')&?&'-.1<'D&#'C,&C"&#'C$,#&2.I$#'($'1&#'?&2.,).#'
C$,#.#'$2).,2.+.2'-.?+"L2'C.,.'1&#'>,"$>&#'*2.'#$,"$'($'$2#$%.23.#'?&,.1$#'&'($'
?&($1&#'"1*#-,.-"B&#'#&+,$'1&#'>",&#'"2$#C$,.(&#'F*$'.(&C-.'1.':&,-*2.'$2'1&#'.#*2-&#'
8*?.2&#<'b$,#&2.I$#'($'1.'-.11.'($'a",&E'!.,K&E'7$,I$#'&'a.?+"#$#E'.'1&#'F*$'C&(K.2'
#*?.,#$'&-,&#')&?&'$1':,">"&'S"(.#'&'1&#'1"("&#'N">$#'&'a,$#&E')&2#-"-*K.2'$c)$1$2-$#'
?&($1&#',$:$,$2)".1$#').C.)$#'($'.#*?",E'C&,'$1'("#-.2)".?"$2-&'$2'$1'-"$?C&';'1.'
.1"$2"(.(')*1-*,.1E'*2'B.1&,'C.,.(">?H-")&'#$?$I.2-$'.1'($'1&#'B"$I&#'C,&-.>&2"#-.#'
($1'?"-&<'b$,#".'"2)&,C&,6E'$2'($:"2"-"B.E'1.':">*,.'2$)$#.,".'($1'$2$?">&')&?J2'.1'
8$1$2"#?& ' F*$ ' C,$)"#.+.2 ' 1&# ' C,&C.>.2("#-.# ' ($ ' 1. ' *2"(.( ' >,"$>.E ' )&2 ' "2-$,$#$#'
)1.,.?$2-$ ' C.,-"("#-.# ' )&?& ' 1&# ' .-$2"$2#$# ' $2 ' #* ' $?C$%& ' C&, ' )&2#.>,., ' #*'
8$>$?&2K. ' $2 ' 1. '1">. ' (L1"). '& ' ?H# ' .+"$,-.?$2-$ ' C.,-"(.,"&# '($ ' *2 ' C.28$1$2"#?&'
)*1-*,.1')&?& '$1'($:$2("(&'C&,'$1'&,.(&,'5#6),.-$#E'F*$'C,&C*>2.+.'1.'*2"(.( '($'

#'

-&(&#'1&#'>,"$>&#'$2')&2-,.'($1'+H,+.,&'C$,#.')&?&',$?$("&'"($.1'.'1&#'?.1$#'F*$'
.F*$I.+.2'.1'?*2(&'>,"$>&'$2'1.#'C,"?$,.#'(L).(.#'($1'#">1&'5i'.<a<
!$2-,& ' ($ ' 1. ' :.#)"2.)"62 ' >,"$>. ' C&, ' -&(& ' 1& ' &,"$2-.1E ' 4>"C-& ' )*C.'
2$)$#.,".?$2-$'*2.'C&#")"62'C,"B"1$>".(.<'s.'($#($'1&#'C,"?$,&#'-$#-"?&2"&#'($'1.'
1"-$,.-*,.'>,"$>.'#$'C$,)"+$'*2.')"$,-.'.*,$&1.'($'.(?",.)"62';'?"#-$,"&'8.)".'*2.'
-"$,,. ' ,$?&-. ' ; ':$,.3E ' ).C.3 ' ($ 'C,&C&,)"&2., ' (,&>.# ' ).#" ' ?"1.>,&#.# 'F*$ ' C&#$$2'
)*.1"(.($# ' )*,.-"B.# ' #&,C,$2($2-$# ' & ' $#C1$2(&,&#&# ' ,$>.1&# ' F*$ ' -$#-"?&2".2 ' #*'
.#&?+,&#.',"F*$3.<'g#-$'$#'$1'4>"C-&'F*$'#$'B"#1*?+,.'$2'1&#'C&$?.#'8&?L,")&#E'
$#C$)".1?$2-$'$2'1.'K+%/)"E'(&2($'#$'.1*($'-.?+"L2'.'1.#'.,,"$#>.(.#'$cC$(")"&2$#'
$2 ' +*#). ' ($ ' *2 ' )*.2-"&#& ' +&-K2 ' F*$ ' .1>*2&# ' >,"$>&# ' ,$.1"3.+.2 ' )&?& ' ,$:1$I&'
"2$F*KB&)&'($'#*').,H)-$,'($'1$I.2.'-"$,,.'($'C,&?"#"62<'41'?$I&,')&2&)"?"$2-&'($1'
C.K# ' . ' C.,-", ' ($1 ' $#-.+1$)"?"$2-& ' ($1 ' $?C&,"& ' >,"$>& ' ($ ' ]H*),.-"# ' $2 ' *2. ' ($ ' 1.#'
+&).# ' ($1 ' ]"1& ' . ' :"2.1$# ' ($1 ' #">1& ' i55 ' .<a< ' :.)"1"-6 ' $1 ' #*,>"?"$2-& ' ($ ' *2. ' )"$,-.'
$>"C-&?.2K.E ' C*$#-. ' ($ ' ?.2":"$#-& ' $2 ' $1 ' "2-$,L# ' ($ ' 1. ' )"$2)". ' I&2". ' C&, ' +*#).,'
$cC1").)"&2$# ' ,.)"&2.1$# ' .1 ' $c-,.%& ' :$26?$2& ' ($ ' 1.# ' ),$)"(.# ' ($1 ' ]"1& ' ; ' $2 ' $1'
).-H1&>&'($'?.,.B"11.#'F*$'.C.,$)$',$)&>"(&'$2'$1'1"+,&'#$>*2(&'($'1.#'G%/('.%"/'($'
h$,6(&-&E'($(").(&'$2'#*'"2-$>,"(.('.'(")8&'C.K#<
4>"C-& '.(F*","6 '*2 '1*>.,'($#-.).(& '$2'1. ',$C,$#$2-.)"62 '($1 '?*2(&'($ '1&#'
>,"$>&#'.'-,.BL#'($'1.'C&#")"62'F*$'$2'(")8&'$#F*$?.'($#$?C$%.+.'$1']"1&')&?&'
*2& ' ($ ' #*# ' $I$# ' .,-")*1.(&,$# ' I*2-& ' )&2 ' $1 ' !.2*+"&E ' F*$ ' #$ ' )&2-,.C&2K.2'
?*-*.?$2-$ ' . ' .?+&# ' 1.(&# ' ($1 ' S$("-$,,H2$&< ' 4>"C-& ' $,. ' .($?H# ' 1. ' )*2. ' ($ ' 1.'
#.+"(*,K.'8*?.2.'C&,'#*').,H)-$,'($'-"$,,.'C,"?&,(".1'$2'1.'F*$'1&#'#$,$#'8*?.2&#'
8.+K.2'8.+"-.(&'($#($'1&#'-"$?C&#'?H#',$?&-&#';'8.+K.2'.C,$2("(&'.'$#-.+1$)$,'$1'
?&(&'($',$1.)"62'?H#')&,,$)-&')&2'1&#'("&#$#<']&'$,.'$c-,.%&'F*$'#$'($,"B.,.2'($'
.11K').#"'-&(.#'1.#'C,H)-").#';')$,$?&2".#'>,"$>.#E')&?&'C,$-$2(K.'h$,6(&-&'$2'*2.'
?.2":$#-.)"62 '"M"2( # &" # &)((.)' ($1 ' :.?&#& ' ?&($1& ' .2-">*& ' F*$ ' C,&C*>2.+. ' S.,-"2'
\$,2.1< ' 41 ' $#-*("&#& ' .?$,").2& ' &1B"(.+. ' #"2 ' $?+.,>&E ' F*$E ' . ' C$#., ' ($ ' $#-&#'
,$)&2&)"?"$2-&#E'$1'8"#-&,".(&,'I&2"&'$#-.+1$)K.'($-$,?"2.2-$#'(":$,$2)".#'$2-,$'*2'
)*1-*,. ' ; ' 1. ' &-,. ' $2 ' 1& ' F*$ ' ,$#C$)-. ' . ' )*$#-"&2$# ' -.2 ' :*2(.?$2-.1$# ' )&?& ' 1.#'
C,H)-").#'#.),":")".1$#'&'1&#',"-*.1$#':*2$,.,"&#E'F*$'2&'"?C1").+.2'$2'?&(&'.1>*2&'1.'
#*C$,"&,"(.( ' ($ ' 1. ' )*1-*,. ' ?H# ' .2-">*. ' #&+,$ ' 1. ' ?H# ' ,$)"$2-$< ' 0 ' C$#., ' ($ ' #*'
($#),"C)"62'($'4>"C-&')&?&'*2'C*$+1&'?*;'.2-">*&E'C".(&#&'C.,.')&2'1&#'("&#$#';'
#.+"&'$2')*$#-"&2$#',$1.)"&2.(.#')&2'1.',$1">"62'&'1.'?$(")"2.E'1&')"$,-&'$#'F*$E')&?&'
#$%.16'$2'#*'(K.'M,.2x&"#'h.,-&>E'1.')*1-*,.'$>"C)".'$2')&2I*2-&').$'($1'1.(&'($'1&#'
+H,+.,&# ' $2 ' 1. ' 1K2$. ' ("B"#&,". ' :*2(.?$2-.1 ' F*$ ' .-,.B"$#. ' 1&2>"-*("2.1 ' $'
"?.>"2.,".?$2-$ ' -&(.# ' #*# ' 8"#-&,".#< ' a"$,-.?$2-$E ' 4>"C-& ' 2& ' ($I6 ' 2*2). ' ($ ' #$,'
)&2#"($,.(&'*2'.,#$2.1'($'#.+"(*,K.'8.#-.'$1'C*2-&'($'F*$'1.'?.;&,K.'($'1&#'#.+"&#'
>,"$>&#'8*+"$,&2'($',$).1.,'"2B.,".+1$?$2-$'$2'$1'C.K#'$2'$1')*,#&'($'#*#'B"(.#E'
($#($'$1'C,&C"&'h&?$,&'8.#-.'b1.-62E'C.#.2(&'C&,'T.1$#E'R&162'&'!$?6),"-&E'-.1';'
)&?&':">*,.2'$2'*2.'1.,>.'1"#-.'F*$'.C.,$)$'$2'$1'C,"?$,'1"+,&'($'1.'8"#-&,".'*2"B$,#.1'
($'!"&(&,&E')&?C*$#-.'$1'#">1&'5'.<a<'R"2'$?+.,>&'$#-.')&2(")"62'C,"B"1$>".(.':*$'
)$("$2(&'#*'1*>.,'.'C.,-",'($1'C$,K&(&'8$1$2K#-")&'.'&-,&#'C.K#$#')&?&'1.'52(".E'(&2($'
C,"?$,&'$1'?"#?K#"?&'01$I.2(,&'S.>2&';'($#C*L#'*2'-.*?.-*,>&')&?&'0C&1&2"&'($'
T".2.'8.+K.2'"(&'.')&2:,&2-.,'#*'#.+"(*,K.')&2'1&#')L1$+,$#'+,.8?.2$#<'D.'#.+"(*,".'
$>"C)". ' F*$(.+. ' ,$1$>.(. ' .1 ' $#-,")-& ' -$,,$2& ' ($ ' 1. ' ,$1">"62 ' )&2 ' *2. ' ),$)"$2-$'
"2)1"2.)"62 ' 8.)". ' #* ' B$,-"$2-$ ' ?H# ' $#&-L,").E ' F*$ ' .).+.,K. ' ($#$?+&).2(& ' $2 ' 1&#'
$#),"-&# ' ($ ' h$,?$# ' T,"#?$>"#-&E ' ($2&?"2.)"62 ' >,"$>. ' ($1 ' ("&# ' T8&-8E ' (&2($'
)&2:1*K.2 ' )&?C&2$2-$# ' ?K#-")&# ' ; ' :"1&#6:")&# ' #*,>"(&# ' ?H# ' ($ ' 1.# ' :"1.# ' ($1'

#(

2$&C1.-&2"#?& ' >,"$>& ' F*$ ' ($ ' 1. ' C,&C". ' (&)-,"2. ' $>"C)".< ' 4>"C-& ' :*$ ' -.?+"L2'
C$,("$2(& ' C&)& ' . ' C&)& ' #* ' CH-"2. ' #"2>*1., ' ($ ' C.K# ' C,"B"1$>".(& ' ($1 ' #.+$, ' C.,.'
)&2B$,-",#$'C,&>,$#"B.?$2-$'$2'*2.'-"$,,.'($')&#-*?+,$#'#.1B.I$#';'+H,+.,.#')&?&'
1.#'F*$'($#),"+$2'.1>*2&#'.*-&,$#'>,"$>&#'($1'C$,K&(&'8$1$2K#-")&')&?&'$1'C&$-.'
T$6),"-&E'F*$'.1.+.'1.',$C,$#"62'-&1$?.").'($'1.#'B"$I.#'C,H)-").#'$>"C)".#'.':.B&,'($'
1.# ' >,"$>.#E ' & ' 1&# ' 8"#-&,".(&,$# ' b&1"+"& ' ; ' !"&(&,&E ' F*$ ' ,$:"$,$2 ' 8&,,&,"3.(&# ' $1'
$#C$)-H)*1&'($'1.'"2*#*.1'B"&1$2)".'($'1.#'?.#.#'$>"C)".#E').C.)$#'($'($#>.,,.,'$2'
#*':*,&,'1&#')*$,C&#'($'#*#'"2:&,-*2.(.#'BK)-"?.#E':*$,.2'L#-.#'1&#'?"$?+,&#'($'1.'
).?.,"11.',$.1')&2-,.'1&#'F*$'#$'#*+1$B.,&2'1&#'.1$I.2(,"2&#'&'*2'1$>"&2.,"&',&?.2&'
F*$'8.+K.'C"#.(&'*2'>.-&<

>4+$&1/*'#)'6%#)'/#')&'?&)&1@&

4#'"?C&#"+1$'($I.,')&2#-.2)".'($':&,?.'($-.11.(.';'?"2*)"&#.'($'-&(&#'1&#'
.#C$)-&#';').?C&#'($'1.')*1-*,.'>,"$>.'F*$'$cC$,"?$2-.,&2'$2'?.;&,'&'?$2&,'>,.(&'
($'"2-$2#"(.('1.'"2:1*$2)".'($'?&-"B&#E'-$?.#E'"($.#'&'$#F*$?.#'.,-K#-")&#'&,"$2-.1$#E'
C*$#'#*'2J?$,&'.*?$2-.'($'(K.'$2'(K.'-.1';')&?&'C,&>,$#.'2*$#-,&')&2&)"?"$2-&'($'
1.#' C,&C".# ')"B"1"3.)"&2$# '&,"$2-.1$#<' \.#-.'C.,.' )&?C,&+.,1&' *2 '#"?C1$' B"#-.3&'.1'
B&1*?$2'($1'J1-"?&'1"+,&'($'S.,-"2'o$#-E'F*$'C,$#$2-.'*2'$c8.*#-"B&'$#-.(&'($'1.'
)*$#-"62'.1',$#C$)-&<'g#-&#'.:$)-.2'.').#"'-&(&#'1&#').?C&#E'($#($'1.'?"-&1&>K.';'1.'
,$1">"62'8.#-.'1.'1"-$,.-*,.';'1.#':&,?.#'.,-K#-").#<
0 ' 1&# ' )&2&)"(&# ' C.,.1$1"#?&# ' ($ ' 1. ' C&$#K. ' LC"). ' >,"$>. ' )&2 ' $1 ' 02-">*&'
T$#-.?$2-&';'?H#'-.,($')&2'&+,.#')&?&'1.':.?&#.'$C&C$;.'($'P%&B"5)/-E'#$'8.2'
B$2"(&'.'#*?.,'.1>*2.#')&,,$#C&2($2)".#'?H#',$)"$2-$#'F*$'2&#',$?"-$2'8.)".'1.#'
(":$,$2-$#'1"-$,.-*,.#'($1'.2-">*&'e,"$2-$E'($#($'1.'$>"C)".';'1.'#*?$,"&m.).(".'8.#-.'
1. ' 8"-"-. ' ; ' *>.,K-").E ' ($#)*+"$,-.# ' $2 ' $1 ' C,"?$, ' )*.,-& ' ($1 ' #">1& ' dd< ' !$#-.).2 ' .#K'
.1>*2.#'#$?$I.23.#'$2'$1'$#-"1&'LC")&')&?&'1&#'$CK-$-&#E'$1'.?C1"&'*#&'($1'("#)*,#&'
(",$)-&E'$1',$)*,#&'.'1&#'#K?"1$#E'1.#':6,?*1.#'$#-$,$&-"C.(.#'C.,.'($#),"+",'$1'.1+.';'
$1'),$CJ#)*1&'&'$1',$C&#&';'1.'.))"62';'1.#'$#)$2.#'-KC").#')&?&'1.'.#.?+1$.'($'1&#'
("&#$#';'1.#'+.-.11.#<'52)1*#&'.1>*2.#'-L)2").#'2.,,.-"B.#'?H#')&?C1$I.#')&?&'1.'
"2)&,C&,.)"62 ' .1 ' ,$1.-& ' ($ ' .)&2-$)"?"$2-&# ' C.#.(&# ' ?$(".2-$ ' 1. ' C,&C". ' B&3 ' ($1'
C,&-.>&2"#-.E'.C.,$)$2'C&,'">*.1'$2'1. 'K+%/)"' ;'$1'C&$?.'($ 'P%&B"5)/-<'01>*2&#'
C.#.I$# ' ($ ' 1. 'C&F"+"' ,$1.-"B&# ' . ' 1.# ' $#)$2.# ' )&2 ' ("&#$# ' >*.,(.2 ' *2. ' $#-,$)8.'
)&,,$#C&2($2)".')&2'C.#.I$#':*2(.?$2-.1$#'($'1&#'C&$?.#'LC")&#'.).("&#')&?&'$1'
P%&B"5)/-'&'$1'4(."-"/%/<'R$'-,.-.'.#K'($'.1>&'?H#'F*$'($')&"2)"($2)".#':&,-*"-.#'&'
($ ' C.,.1$1"#?&# ' )*1-*,.1$# ' "2($C$2("$2-$# ' F*$ ' &+$($)$2 ' C*,. ' ; ' #"?C1$?$2-$ ' .1'
?&-"B&'($'+.#$E')&?J2'C.,.'-&(&#'1&#'#$,$#'8*?.2&#E'F*$'$#-$'-"C&'($'C&$?.#'
($#.,,&11.2<
R$'8.2'($-$)-.(&'"2)1*#&'"2:1*$2)".#'?H#'C,$)"#.#E')&?&'$2'$1':.?&#&'C.#.I$'
($1'p$2>.%&'($'h$,.qE')*.2(&'1.'("&#.'-,.-.'($'#$(*)",'.'9$*#'C.,.'("#-,.$,1$'($1'
)*,#&'($'1.'.))"62'($'1.'>*$,,.';'11$B.,'.#K'.').+&'#*#'C,&C".#'?.F*"2.)"&2$#<'R$'
-,.-.'($1'J2")&'C.#.I$'($'-&(&#'1&#'C&$?.# '8&?L,")&#'F*$'C,$#$2-.'*2'-$?.'($'
).,H)-$, ' )&#?&>62")& ' .1 ' ?$2)"&2., ' . ' e)L.2& ' ; ' T$-"# ' )&?& ' 1. ' C.,$I. ' C,"?&,(".1'
&,">$2'($'-&(.#'1.#')&#.#E'F*$'#$'B$',$:1$I.(&'$2'1.'("?$2#"62'2.-*,.1"#-.';')6#?").'

$*

F*$'.#*?$2'.?+.#'("B"2"(.($#E'$2'$#-$').#&'9$*#';'h$,.E'$2'$1'?&?$2-&'($'#*'
*2"62E';'8.#-.'$2'1.'C,&C".'-$,?"2&1&>K.'$?C1$.(.E';.'F*$'$1'C,&C"&'2&?+,$'($'T$-"#'
C&(,K. ' ($,"B., ' ($1 ' ($ ' T".?.-E ' 1. ' ?.(,$ ' C,"?&,(".1 ' $2 ' $1 ' C&$?. ' ($ ' 1. ' ),$.)"62'
+.+"1&2".E ' $1 'H295" # H&%/-< ' e-,&# ' $1$?$2-&# ' ($ ' )1.,. ' .#)$2($2)". ' &,"$2-.1 ' #&2'
-.?+"L2 ' $1 ' )"2-& ' +&,(.(& ' F*$ '0:,&("-. ' 1$ ' C,$#-. ' . ' h$,. ' C.,. ' #* ' *-"1"3.)"62 ' )&?&'
8$)8"3&'.?&,&#&E'$1').-H1&>&'($'1.#'?*I$,$#'.?.(.#'C&,'9$*#';'$1'I*?$2-&'($'1&#'
("&#$#<
4c"#-$2'-.?+"L2'$#-,*)-*,.#'C.,$)"(.#'$2-,$'1.'-,"C.,-")"62'($'(&?"2"&#'C&,'1.#'
-,$#'("B"2"(.($#'C,"2)"C.1$#'$2'1.'C&%"+"'s'$1'C&$?.'LC")&'.).("&'($1'4(."-"/%/E'F*$'
2&'8.+K.'#"(&'C*+1").(&'8.#-.'$1'.%&'UZ`Z<'42'1&#'(&#'C&$?.#'$c"#-$2'-,$#'3&2.#'
("#-"2-.#'($1')&#?&#E'$1')"$1&E'1.'C,&:*2("(.('($'1.'-"$,,.';'1.#'.>*.#E';'1.#'-,$#'#&2'
.($?H# ' .#">2.(.# ' C&, ' #&,-$& ' ; ' 1.# ' -,$# ' ("B"2"(.($# ' ?.#)*1"2.# ' #*C,$?.# ' ($1'
C.2-$62 ' ("B"2&< ' R$ ' -,.-. ' ($ ' *2. ' $#-,*)-*,. ' $c-,.%. ' .1 ' ?"-& ' >,"$>& ' ; ' F*$ ' 2&'
($#$?C$%.'-.?C&)&'($2-,&'($'1.'16>").'2.,,.-"B.'($1'C&$?.'8&?L,")&'2"2>J2'C.C$1'
:*2(.?$2-.1E'.'(":$,$2)".'($'1&'F*$'#*)$($'$2'$1').#&'&,"$2-.1<'T&(&'.C*2-.,K.E'C&,'
-.2-&E'8.)".'$1',$#*1-.(&'8.+"(&'($'1.',$$1.+&,.)"62'($'*2'?.-$,".1'LC")&'.I$2&E'$2'
$#-$').#&'.).("&E'F*$'8.+,K.'.).+.(&'"2#$,-H2(&#$'($2-,&'($1'C&$?.'>,"$>&<'!$'1.'
?"#?. ' :&,?.E ' $c"#-$ ' -.?+"L2 ' *2 ' #&,C,$2($2-$ ' C.,.1$1"#?& ' $2-,$ ' 1. ' "($. ' ($ ' *2.'
).-H#-,&:$'($'1.'8*?.2"(.(E')&2),$-.(.':"2.1?$2-$'$2'*2'("1*B"&';'($),$-.(.'C&,'1.'
($)"#"62'($1'("&#'(&?"2.(&,E')&?&':&,?.'($'C&2$,':,$2&'.1'),$)"?"$2-&'($#?$#*,.(&'
($'1.'8*?.2"(.(';'.'#*'$c)$#"B&',*"(&E'$cC,$#.(.'$2'$1'4(."-"/%/'.).("&E';'$1'"2")"&'
($'1.'>*$,,.'($'T,&;.E'C,&B&).(&'C&,'*2.'?&-"B.)"62';'($)"#"62'#"?"1.,$#E'-.1';')&?&'
.C.,$)$2',$:1$I.(&#E'.*2F*$'($':&,?.':,.>?$2-.,".E'$2'1&# ',"2('/#*%6.%'/' ;'$2'$1'
,"(?&'B' # +) # &"/ # 59D).)/' ($ ' h$#K&(&< ' !$ ' 2*$B& ' .C.,$)$2 ' .F*K ' #&,C,$2($2-$#'
.2.1&>K.#'$2-,$'1.'-$,?"2&1&>K.'$?C1$.(.'#"')&?C.,.?&#'$1'S&?&'?$2)"&2.(&'$2'$1'
,$#*?$2'($'b,&)1&'($'1&# ',"2('/#*%6.%'/E'F*$'.)-J.')&?&')&2#$I$,&'($'9$*#E';'$1'
S*??*'F*$'8.)$'*2.'1.+&,'#"?"1.,'.1'1.(&'($1'("&#'0C#*E'$1'C.(,$'C,"?&,(".1'.1'"2")"&'
($1'H295"#H&%/-E'$1';.'?$2)"&2.(&'C&$?.'+.+"1&2"&'($'1.'),$.)"62<'D.',$:$,$2)".'.'
a8"C,$'F*$'.C.,$)$'$2'$1'-K-*1&'($1'C&$?.'>,"$>&'=).2-&#')8"C,"&-.#@'2&'8.,K.'?H#'
F*$')&2-$c-*.1"3.,'$2'1.'"#1.E'*2'1*>.,'$2'$1'F*$'>,"$>&#';'.#","&#')&8.+"-.,&2'(*,.2-$'
*2'-"$?C&E'.1>*2.#'($'$#-.#'-,.#:$,$2)".#')*1-*,.1$#<
R&2 ' -.?+"L2 '#&,C,$2($2-$# ' 1&# 'C.,.1$1"#?&# ' $2-,$ ' .1>*2.# '$#)$2.# ' ($ '1&#'
("&#$#E')&?&'.F*$11.'$2'1.'F*$'*2.'("&#.'F*$'8.'#"(&'"2I*,".(.'C&,'*2'?&,-.1'.)*($'
$2'+*#).'($')&2#*$1&'.2-$'#*'C.(,$';'#$'>.2.'*2.',$C,"?$2(.'C&,'$11&E'-.1';')&?&'
#*)$($'$2'1.':.?&#.'$#)$2.'($'1. 'C&F"+"' $2'1.'F*$'0:,&("-.E'-,.#'8.+$,'#"(&'8$,"(.'
C&,'!"&?$($#E'.)*($'.1'e1"?C&';'$#',$),"?"2.(.'#*.B$?$2-$'C&,'9$*#'.1'"2(").,1$'
)*H1'($+$'#$,'#*'H?+"-&'($'.)-*.)"62'C,$("1$)-&E')&?C.,.+1$'$2'$#&#'-L,?"2&#'.1'
$2)*$2-,& ' $2-,$ ' $1 ' 8L,&$ ' N"1>.?$#8 ' ; ' 1. ' ("&#. ' 5#8-.,< ' D&# ' C,&-.>&2"#-.# ' #&2 ' $2'
.?+&# ' ).#&# ' 1&# ' ?"#?&#/ ' $1 ' ("&# ' ($1 ' )"$1& ' ; ' #* ' 8"I.E ' 1. ' ("&#. ' ($1 ' .?&,E ' )&2 ' 1.'
"2-$,B$2)"62'&).#"&2.1'($'1.'?.(,$E'!"&2$'$2'$1').#&'>,"$>&';'02-*'$2'$1'.).("&E'F*$'
C&(,K.2',$C,$#$2-.,'#61&'1.':&,?.)"62':$?$2"2.'($1'2&?+,$')&,,$#C&2("$2-$'($1'("&#'
#&+$,.2&E'9$*#';'02*E')&2'1.'C&#"+"1"(.('.%.("(.'($'F*$'1.':&,?.'>,"$>.'2&':*$,.'
?H# ' F*$ ' *2 ' ).1)& ' ($ ' 1. ' :&,?. ' .).(".< ' R"2 ' $?+.,>&E ' )&?& ' 8. ' #$%.1.(& ' o.1-$,'
\*,j$,-E'$#'2$)$#.,"&',$)&,(.,'F*$'#"'$2'$1').#&'&,"$2-.1'1&#'$C"#&("&#')&?$2-.(&#'
#$')&,,$#C&2($2')&2'*2'-,.#:&2(&'?K-")&'&',"-*.1'?*;'($-$,?"2.(&E'$2'$1').#&'>,"$>&'
.C.,$)$2'#"?C1$?$2-$')&?&'*2.'$#)$2.'($'>L2$,&'F*$'8.'F*$(.(&'C,"B.(.'($'-&(.'
&-,. ' :*2)"62 ' *1-$,"&,< ' ]&# ' 8.11.?&#E ' C&, ' -.2-&E ' .2-$ ' $1$?$2-&# ' F*$ ' $2 ' $1 ' C&$?.'
&,"$2-.1':&,?.+.2'C.,-$'"2-$>,.2-$ '($'1.'$#-,*)-*,.'2.,,.-"B.'C,"2)"C.1';'F*$'$2'1.'

$)

C&F"+"' #&2E ' $2 ' ).?+"&E ' *-"1"3.(&# ' J2").?$2-$ ' )&?& ' ?&-"B&# ' &).#"&2.1$# ' &'
"?C,&B"#.)"&2$#'."#1.(.#'#"2'?H#')&2#$)*$2)".#<']&'($+$'&1B"(.,#$'F*$'1&#'C.#.I$#'
($'?.-,"3'&,"$2-.1"3.2-$'8.#-.'.8&,.'#$%.1.(&#':">*,.2'$2'$1'"2")"&'($1'H295"#H&%/-';'
($1 '4(."-"/%/E ' F*$ ' #$>*,.?$2-$ ' #$ ' 8.11.+.2 ' $2-,$ ' 1&# ' -$c-&# ' *-"1"3.(&# ' $2 ' 1.'
$2#$%.23.'$#)&1.,<'R"'-$2$?&#'$2')*$2-.'F*$'1.'.(&C)"62'($1'.1:.+$-&'#$'C,&(*I&'
($2-,&'($'*2')&2-$c-&'($'$#-.')1.#$E'$#'?*;'C&#"+1$'F*$'F*$C.'"?.>"2.,'$1'?"#?&'
).?"2&'C.,.'1.'-,.#:$,$2)".'($'$#-&#'C.#.I$#';'$C"#&("&#'8.)".'1.'LC").'>,"$>.<
R$ ' 8. ' C*$#-& ' -.?+"L2 ' ($ ' ,$1"$B$ ' 1. ' C&#"+1$ ' "2)"($2)". ' $2 ' 1. 'K+%/)"' ($'
8"#-&,".#'#"?"1.,$#'.)$,).'($'B".I$#':.2-H#-")&#'C&,'-"$,,.#'1$I.2.#';'$1'$2)*$2-,&')&2'
#$,$# ' $c-,.&,("2.,"&# ' )&?& ' ?.>.# ' ; ' ?&2#-,*&# ' F*$ ' .C.,$)$2 ' $2 ' 1.# ' 1"-$,.-*,.#'
&,"$2-.1$#E')&?&'C&,'$I$?C1&'$1')L1$+,$',$1.-&'($1'?.,"2$,&'2H*:,.>&E'$1'B".I$'($'o$2
_0?62'&'$1'($'R"2*8L'$2'1.'1"-$,.-*,.'$>"C)".E'&'1.#'.B$2-*,.#'($'N"1>.?$#8E'F*$'$#'
).1":").(&'-.?+"L2'.1'"2")"&'($'1.'B$,#"62'+.+"1&2".'($1'C&$?.')&?&'*2'"2("B"(*&'F*$'
8.+K.'B".I.(&'C&,'-&(.#'C.,-$#';'F*$'$c-,.K.'#*'#.+"(*,K.'($'1.#'?*)8.#'-"$,,.#';'
>$2-$# ' F*$ ' 8.+K. ' B"#-&E ' .1 ' ">*.1 ' F*$ ' e("#$&< ' R&2 ' +"$2 ' )&2&)"(&# ' -.?+"L2 ' 1&#'
?.2":"$#-&#'C.,.1$1"#?&#E';'#$>*,.?$2-$'($C$2($2)".#E'($'1.')&#?&>&2K.'8$#"6(").'
)&2 ' ,$#C$)-& ' . ' #*# ' ?&($1&# ' &,"$2-.1$#E ' #$.2 ' $#-&# ' +.+"1&2"&#E ' $>"C)"&#E ' 8"-"-.# ' &'
*>.,K-")&#< ' 01 ' ">*.1 ' F*$ ' h$#K&(&E ' 1. ' C,"?$,. ' :"1&#&:K. ' >,"$>. ' ($+$ ' ?*)8& ' . ' 1.#'
-,.(")"&2$#'&,"$2-.1$#'C,$)$($2-$#'$2'1&'F*$',$#C$)-.'#&+,$'-&(&'.'1.')&#?&>&2K.'&'
8"#-&,".#'($'),$.)"62';'.'1.'1"-$,.-*,.'#.C"$2)".1E'>L2$,&#'.?+&#'F*$'.C.,$)$2'$2'1&#'
(&#'C&$?.#'8$#"6(")&#E'1. '0)'B'2%"' ;'1&# '0."$"D'/<'T.2-&'*2.')1.#$'($'1"-$,.-*,.'
)&?&'1.'&-,.'-$2K.2'-,.#'($'#K'*2.'1.,>.'8"#-&,".'$2'e,"$2-$<'D&#'C,&B$,+"&#';'1.#'
:H+*1.#'.2"?.1$#E'F*$')&2#-"-*;$2'(&#'B$,#"&2$#'($'1.'1"-$,.-*,.'#.C"$2)".1'&,"$2-.1E'
,$.C.,$)$2 ' -.?+"L2 ' $2 ' 1&# ' C&$-.# ' 1K,")&# ' )&2 ' )*,"&#.# ' ,$#&2.2)".# ' )&2 ' #*#'
.2-$)$#&,$#E')&?&'1.'F*$'C,$#$2-.'*2&'($'1&#'2*$B&#':,.>?$2-&#'($'0,F*"1&)&'=p1.'
C$,,.'($#$&#.'("&'.'1*3').)8&,,&#')"$>&#q@')&2'*2'$c-,.%&')&2#$I& '($1'?&2.,).'
.#","& ' R8.?#8"m0(.( ' 5 ' . ' #* ' 8"I& ' C$,-$2$)"$2-$ ' .1 ' #">1& ' di555 ' .<a< ' $cC,$#.(& ' $2'
-L,?"2&#'?*;'#"?"1.,$#<'D.'?$("(.'($2-,&'($1'&,($2')6#?")&E'F*$'C.,$)K.'C.-,"?&2"&'
$c)1*#"B& ' ($1 ' C$2#.?"$2-& ' >,"$>&E ' $#-H ' ">*.1?$2-$ ' C,$#$2-$ ' $2 ' $#-. ' )1.#$ ' ($'
1"-$,.-*,.'#.C"$2)".1E'(&2($'$1'&,($2'=S..-'&'S"#8.,*@'.)&?C.%.'#"$?C,$'.1'#&1'$2'
#*',$)&,,"(&<
!$2-,&'($'*2'H?+"-&'?H#',.)"&2.1'#$'8.11.'1.'($*(.'"2(*(.+1$'($'1&#'>,"$>&#'
)&2 ' 1.# ' )*1-*,.# ' &,"$2-.1$# ' $2 ' 1& ' F*$ ' ,$#C$)-. ' . ' ?.-$?H-").# ' ; ' .#-,&2&?K.<'
a*$#-"&2$#')&?&'1&#'2&?+,$#'($'1&#'C1.2$-.#E'F*$'#&2'-,.(*))"&2$#'($'1&#'-L,?"2&#'
.).("&#E'&'1.'("B"#"62'($1')K,)*1&'$2'Q`P'>,.(&#E'F*$')&2#-"-*;$'*2.'8$,$2)".'($'1&#'
+.+"1&2"&# ' F*$ ' ($#.,,&11.,&2 ' $2 ' $#-$ ' ).?C& ' ?L-&(&# ' ($ ' )H1)*1& ' ,.)"&2.1$#E ' #&2'
.1>*2&# ' $I$?C1&# ' "1*#-,.-"B&# ' ($ ' (")8. ' ($*(.< 'T.1$# ' ; ' b"-H>&,.# ' ;. ' )&2&)K.2 ' $2'
C1$2& ' #">1& ' i5 ' .<a< ' 1&# ' $1$?$2-&# ' $#$2)".1$# ' ($ ' 1.# ' ?.-$?H-").# ' +.+"1&2".# ' ;'
02.c"?.2(,&'p"2B$2-6q'$1'B2'5'2'&',$1&I'($'#&?+,.'F*$'8.+K.'#"(&'*-"1"3.(&'($#($'
.2-">*&'$2'1.'C,H)-").'($'1.'.#-,&2&?K.'+.+"1&2".<
R&2'-.?+"L2')&2#"($,.+1$#'1.#'($*(.#'$2'$1'-$,,$2&'($'1&#',"-*.1$#'?H>")&#';'
,$1">"&#&#E')&?&'1&#',"-&#'($'C*,":").)"62';'$1'*#&'($1')8"B&'$cC".-&,"&'=$1'6-?.5"7'/#
>,"$>&@E'1.'C,H)-").'($'$2-$,,.,'($C6#"-&#':*2(.)"&2.1$#'+.I&'1&#'2*$B&#'$(":")"&#E'1.#'
("B$,#.#':&,?.#'($'?.>".'#"?C.-L-").E')&?&'1.#'$:">"$#'#*#-"-*-&,".#'($'1.#'C&#"+1$#'
BK)-"?.#E'1.'.("B"2.)"62'?$(".2-$'$1'$c.?$2'($'1&#'1KF*"(&#'($,,.?.(&#'#&+,$'*2'
C1.-& ' & ' ($ ' 1.# ' $2-,.%.# ' ($ ' *2 ' .2"?.1 ' #.),":").(& ' ; ' 1&# ' C,$#.>"&# ' ?$(".2-$ ' 1.'
&+#$,B.)"62'($1'B*$1&'($'1.#'.B$#E'$#C$)".1?$2-$'H>*"1.#';'>.,3.#<'D.'$c"#-$2)".'C&,'
$#),"-&'($'?*)8&#'($'$#-&#',"-*.1$#E'F*$':*$,&2',$*2"(&#';',$(.)-.(&#'$2'>,.2($#'

$!

?.2*.1$#E';'1.'C,$#$2)".'($'.("B"2&#'"-"2$,.2-$#'($'C,&)$($2)".'&,"$2-.1'$2'$1'?*2(&'
>,"$>&'.,).")&')&?&'C&#-*16'$2'#*'(K.'o.1-$,'\*,j$,-'#&2')",)*#-.2)".#'F*$'C&(,K.2'
$cC1")., ' .1>*2.# '($ '$#-.# '-,.#:$,$2)".# ';' .(&C)"&2$#<' 4#-.#' )&,,$#C&2($2)".# '#$'
(.2 ' -.?+"L2 ' $2 ' $1 ' -$,,$2& ' ($ ' 1. ' ")&2&>,.:K. ' $2-,$ ' ($-$,?"2.(.# ' ("B"2"(.($# ' &'
($?&2"&#'&,"$2-.1$#';'#*#')&,,$#C&2("$2-$#'-,.#1.)"&2$#'>,"$>.#<'g#-$'C&(,K.'#$,'$1'
).#& ' ($1 ' ("&# ' 0#)1$C"&E ' ,$C,$#$2-.(& ' . ' B$)$# ' $2 ' #*$%&# ' )&?& ' *2 ' C$,,& ' &'
.)&?C.%.(&'C&,'L1E';'1.'("&#.'+.+"1&2".'($'1.')*,.)"62E'N*1.E'F*$'$,.'#"?+&1"3.(.'
C&,'*2'.2"?.1'($'$#-.')1.#$<'01>*2&#'($?&2"&#'C&C*1.,$#'>,"$>&#')&?&'1.#')L1$+,$#'
N$11&';'D.?".'2&'#&2'.1'C.,$)$,'&-,.')&#.'F*$'1.')&,,$#C&2("$2-$'-,.#),"C)"62'($'1&#'
($?&2"&#'.).("&#'>.11*';'1.?.#-*<'!$'1.'?"#?.':&,?.'C&#$$2'-.?+"L2'*2.')1.,.'
.#)$2($2)". ' &,"$2-.1 ' .1>*2&# ' ($ ' 1&# ' ?&2#-,*&# ' ($ ' 1. ' ?"-&1&>K. ' >,"$>. ' . ' 1&# ' F*$'
8*+"$,&2'($'$2:,$2-.,#$'1&#'C,"2)"C.1$#'8L,&$#E')&?&'1.'-$,,&,K:").'N&,>&2.E')*;.'
"?.>$2'($,"B.'($'1.#'?H#).,.#'($1'>">.2-$'h*?+.+.E')&2-,.'$1'F*$'-*B&'F*$'1*)8.,'
N"1>.?$#8E'F*$'#$')&1>.+.2'$2)"?.'($'1&#'*?+,.1$#'($'1.#').#.#')&?&':&,?.'($'
C,&-$))"62E'"2:1*"(.#'F*"3H'-.?+"L2'C&,'1.'")&2&>,.:K.'($1'($?&2"&'"2:$,2.1'b.3*3*E'
($'C,&)$($2)".'.#","&m+.+"1&2".<'01>&'#"?"1.,'#*)$($')&2'1&#'?&2#-,*&#&#')K)1&C$#'
$2$?">&#'($'e("#$&E'F*$'.C.,$)$2',$C,$#$2-.(&#'$2'#$11&#'?$#&C&-H?")&#E'&')&2'
1.'"2)&?+*#-"+1$'8"(,.'($'2*?$,&#.#').+$3.#'.'1.'F*$'#$'$2:,$2-6'h$,.)1$#E'F*$'
C,$#$2-.'2*?$,&#.#'#"?"1"-*($#')&2'),".-*,.#'#$?$I.2-$#'#.1"&#'($1'?"-&'&,"$2-.1<
A$#-.'?$2)"&2.,E'C&,'J1-"?&E'1.#'2*?$,&#.#'"2:1*$2)".#'$2'$1'-$,,$2&'.,-K#-")&'
F*$'F*$(.,&2',$:1$I.(.#'$2'1.'.,F*"-$)-*,.E'$2'1.'$#)*1-*,.E'$2'($-$,?"2.(&#'?&-"B&#'
;'$#F*$?.#'($)&,.-"B&#'&'$2'1.',$),$.)"62'($'.1>*2&#'C.-,&2$#'")&2&>,H:")&#';'$2'1.'
.(F*"#")"62'($'.1>*2.#'-L)2").#')&?&'$1'1.+,.(&'($1'?.,:"1<'b,$)"#.?$2-$':*$'$2'$#-$'
-$,,$2&'(&2($'1.'$B"($2)".'($'*2.'"22$>.+1$'"2:1*$2)".'&,"$2-.1 ':*$'.(?"-"(.'?H#'
-$?C,.2&')&2'1.'),$.)"62'($'*2'C$,K&(&'($'1.'8"#-&,".'($1'.,-$'>,"$>&'($2&?"2.(.'
&,"$2-.1"3.2-$ ' F*$ ' .+.,).,K. ' 1. ' J1-"?. ' C.,-$ ' ($1 ' #">1& ' i555 ' ; ' -&(& ' $1 ' i55 ' .<a< ' R$'
#*C&2K.E'#"2'$?+.,>&E'F*$',$C,$#$2-.+.'-.2'#61&'*2.':.#$'($'-,.2#")"62'$2'1.'F*$'
1&#'.,-"#-.#'>,"$>&#'),$.,&2'*2.'#$,"$'($'&+,.#'($'.,-$'$2'?$-.1E'?.,:"1'&'-$,,.)&-.'
>*".(&#'C&,'$1'$#-K?*1&'($'C,&-&-"C&#'&,"$2-.1$#'F*$':*$,&2'"?C&,-.(&#'(*,.2-$'$1'
C$,K&(&'($'$cC.2#"62')&?$,)".1'.'1&'1.,>&'($1'#">1&'i555'.<a'8.#-.'C&($,'.:",?.,'C&,'
$2)"?. ' ($ ' $#-&# ' $#F*$?.# ' .(F*","(&# ' #* ' C,&C". ' &,">"2.1"(.( ' $ ' "2($C$2($2)".'
.,-K#-").#<'D.'"($2-":").)"62'($'#*#':*$2-$#'($'"2#C",.)"62'#$'8.)K.'$2':*2)"62'($'*2&#'
$#F*$?.# ' .,-":")".1$# ' ),$.(&# ' C&, ' 1&# ' $#-*("&#&# ' ?&($,2&# ' F*$ ' )&2-,.C&2K.2 ' 1.#'
).,.)-$,K#-").#'"2$F*KB&).#'($1'.,-$'>,"$>&E')&?&'$1'2.-*,.1"#?&E'$1'("2.?"#?&';'1.'
).C.)"(.('2.,,.-"B.E':,$2-$'.',.#>&#'-KC").?$2-$'&,"$2-.1$#E')&?&'1.'$#-"1"3.)"62E'$1'
).,H)-$,'$#-H-")&';'1.'&+#$#"62'($)&,.-"B.<'4,.'C,$)"#.?$2-$'$#-.')&2(")"62'$#-H-").'
($1'.,-$'&,"$2-.1'1.'F*$'C$,?"-K.',$-,&-,.$,'#*#'?&($1&#'8.#-.'C,&(*)-&#'#"?"1.,$#'($'
LC&).#'?*;'.2-$,"&,$#'F*$'#$'8.+K.2'?.2-$2"(&'"2?*-.+1$#'.'C$#.,'($1'C.#&'($1'
-"$?C&< ' R$ ' "?.>"2.+. ' .($?H# ' 1. ' $c"#-$2)". ' ($ ' )&2-.)-&# ' "2(",$)-&# ' . ' -,.BL# ' ($'
"2-$,?$(".,"&# ' )&?& ' 1&# ' )&?$,)".2-$# ' & ' ($-$,?"2.(. ' )1.#$ ' ($ ' &+I$-&# ' )&?& ' 1&#'
-$c-"1$# ' ; ' #$ ' 1"?"-.+. ' #* ' "2:1*$2)". ' .1 ' #"?C1$ ' C,L#-.?& ' ($ ' ?&-"B&# ' &,2.?$2-.1$#'
."#1.(&#<
R"2'$?+.,>&E'*2'$c.?$2'?H#'($-$2"(&'($'1&#'$1$?$2-&#'&,"$2-.1$#'$2'$1'.,-$'
>,"$>&'($'$#-$'C$,K&(&',$B$1.'$1'C.C$1':*2(.?$2-.1'($#$?C$%.(&'C&,'$1'.,-$'($'1&#'
C.1.)"&# ' 2$&.#","&#E ' )*;& ' 1$2>*.I$ ' :">*,.-"B& ' ; ' #*# ' -,.(")"&2$# ' 2.,,.-"B.# ' :*$,&2'
)&2&)"(&#';'$?*1.(&#'C&,'1&#'.,-"#-.#'>,"$>&#')&2-$?C&,H2$&#'C.,.'1.'"1*#-,.)"62'
-.2-&'($'-$?.#'#$)*1.,$#')&?&'?"-&16>")&#<'D&#'-,.+.I&#'.1',$#C$)-&'($'022'N*2-$,'
8.2 ' ($?&#-,.(& ' )6?& ' $1 ' .,-$ ' C.1.)".1 ' 2$&.#","& ' )&2#-"-*;6 ' 1. ' C,"2)"C.1 ' :*$2-$ ' ($'

$"

"2#C",.)"62'C.,.'1.'-,.(")"62'")&2&>,H:").'>,"$>.'($1')&?C&,-.?"$2-&'.,"#-&),H-")&E'-.1'
;')&?&'#$',$:1$I.'$2'*2.'C"$3.')1.B$'($1'.,-$'($'$#-$'C$,K&(&')&?&'$#'$1')$1$+L,,"?&'
i.#&'a8">"E'(.-.(&'.'?$(".(&#'($1'#">1&'i55'.<a<'D.')&2(*)-.'C,&C".'($'1&#',$;$#'
.#","&#'.C.,$)$'-,.#1.(.(.'.',$C,$#$2-.)"&2$#'C")-6,").#'($'1.')$,H?").'>,"$>.'&'($'
C1.).# ' ($ ' -$,,.)&-. ' ($)&,.-"B.#E ' ; ' .C1").(. ' . ' 1.# ' ("B"2"(.($# ' ; ' 1&# ' 8L,&$#E ' F*$'
.(&C-.2'C&#$#',"-*.1$#'.'1.'8&,.'($'#&?$-$,'?&2#-,*&#E'#.1*(.,'.'#*#'">*.1$#')&2'
>$#-&#'C,&C"&#'($'1.')&,-$';',$)1"2.,#$'#&+,$'1$)8&#'$2'$1')*,#&'($'*2'+.2F*$-$<'D.'
")&2&>,.:K.'&,"$2-.1':*$'.#K'&+I$-&'($'*2',">*,&#&';'C,$)"#&'C,&)$#&'($'#$1$))"62'.'
C.,-",'($'*2.'("B$,#.'B.,"$(.('($':*$2-$#':*2(H2(&#$'$2'#*'2*$B&'#">2":").(&'($2-,&'
($1')&2-$c-&'$2'$1'F*$'$,.2',$*-"1"3.(.#';'$2'1.'.($)*.)"62'($'#*#':&,?.#'.,-K#-").#<'
D. ' $c"#-$2)". ' ($ ' C.1.)"&# ' .#","&# ' $2 ' $1 ' 2&,-$ ' ($ ' R",". ' )&2:",?. ' 1. ' ,$1.-"B.'
("#C&2"+"1"(.('($'$#-&#'?&($1&#E'#"2'($#).,-.,'-.?C&)&'1.'C&#"+"1"(.('($'F*$'.,-"#-.#'
; ' .,-$#.2&# ' >,"$>&# ' 8*+"$,.2 ' #"(& ' $?C1$.(&# ' C&, ' 1&# ' ?&2.,).# ' .#","&# ' )&?&'
R$2.F*$,"+E':.)"1"-.2(&'($'$#-.':&,?.'1.'C$,)$C)"62'(",$)-.'($'(")8&#'?&($1&#'C&,'
C.,-$'>,"$>.<'41'$c.?$2'($'1&#'$1$?$2-&#'&,"$2-.1$#'$2'1.'C"2-*,.'($'B.#&#'>,"$>.'
($1'#">1&'i55'.<a<'#*>"$,$'.#K'F*$'1.#'#$?$I.23.#')&2'$1'.,-$'.'>,.2'$#).1.'($'1&#'
C.1.)"&#'2$&.#","&#'"+.'?*)8&'?H#'.11H'($'1.'.(&C)"62'($'-$?.#';'?&-"B&#'."#1.(&#E'
.+.,).2(& ' -.?+"L2 ' ,$1.)"&2$# ' ($ ' ).,H)-$, ' -$?H-")&E ' C.-,&2$# ' ($ ' )&?C&#")"62E'
$1$?$2-&#'$#-"1K#-")&#';')&2B$2)"&2$#'2.,,.-"B.#';'$#C.)".1$#'F*$'$,.2'$#$2)".1$#'
C.,.'1.'),$.)"62';'#">2":").(&'($'1.#'C,&C".#'&+,.#<
f2. ' +.1.23.E ' $2 ' ($:"2"-"B.E ' ($ ' "2-$,.))"&2$# ' $ ' "2:1*$2)".# ' ("2H?").# ' ;'
)&?C1$I.#'F*$'2&'C*$($2'#&1B$2-.,#$')&2'*2'#"?C1$',$)&2&)"?"$2-&'($'C.#.(.'C.,.'
2&'?$2&#).+.,'1.',$)&2&)"(.'),$.-"B"(.(';').C.)"(.( '($'"2B$2-"B.'>,"$>.<']&'#$'
-,.-.'.8&,.'($'B&1B$,'$1'CL2(*1&'.'#*'1.(&'&C*$#-&';'C,$-$2($,'2$>.,'($'?.2$,.'
-.I.2-$'1.'&,">"2.1"(.('$'"2#C",.)"62'#$?C"-$,2.?$2-$',$C$-"(.'($'1.')*1-*,.'>,"$>.E'
(.2(& ' 1. ' ,.362 ' . ' F*"$2$# ' )&?& ' \$,2.1 ' 2& ' B$2 ' $2 ' (")8. ' -,.(")"62 ' ?H# ' F*$ ' $1'
$2)*?+,.?"$2-& ' "($&16>")& ' ; ' .,-":")".1 ' ($ ' *2. ' )"B"1"3.)"62 ' . ' -,.BL# ' ($1'
$2?.#).,.?"$2-&')&2#)"$2-$'($'#*#'($*(.#')&2'e,"$2-$<'S*)8&'.2-$#'($'L1'8*+&'
F*"$2$#E '.*2F*$'($'?.2$,. '?.,>"2.1';'$#C&,H(").E ',$)&2&)"$,&2 '.+"$,-.?$2-$ '$1'
C$#&'($)"#"B&'($'1.#'"2:1*$2)".#'&,"$2-.1$#'$2'1.':&,?.)"62';'($#.,,&11&'($'1.')*1-*,.'
>,"$>.'.,).").<'R*'.-.F*$':,&2-.1'.'(")8&#'C&#-*1.(&#';'1.'C*+1")"(.('($'F*$'8.2'#"(&'
&+I$-&'8.2'$#-"?*1.(&'1.'.>*($3.'($'1&#'C1.2-$.?"$2-&#';'8.2')&2-,"+*"(&'.'?&(*1.,'
1.#')&2)1*#"&2$#'C.,-"$2(&'($'*2.'$B"($2)".'"22$>.+1$'F*$'1&#'2*$B&#'8.11.3>&#';'
#*#')&,,$#C&2("$2-$#')&2#-.-.)"&2$#'C&2$2').(.'B$3'?H#'.1'($#)*+"$,-&<'D.')*1-*,.'
>,"$>.'2&'#*,>"6'($'1.'2.(.E'>,.)".#'J2").?$2-$'.'#*'>$2"&'$c-,.&,("2.,"&';'.'#*'
"2:"2"-.').C.)"(.('),$.(&,.E'#"2&'F*$',$)"+"6'$1'C&($,&#&';':L,-"1'"2:1*I&'($'1.#')*1-*,.#'
;')"B"1"3.)"&2$#')&1"2(.2-$#')&2'1.#'F*$'?.2-*B&')&2-.)-&#';',$1.)"&2$#':,*)-K:$,.#'
F*$'B.2'?*)8&'?H#'.11HE')&?&'#$'8.')&?C,&+.(&'$2'$1'-$,,$2&'($1'.,-$E'($'1.#'
?$,.#')&2:1*$2)".#'$#C&,H(").#';').#*.1$#'C.,.'$#-.+1$)$,'-$I"(&#')&?C1$I&#')*;&#'
.>$2-$#'#$'2&#'$#).C.2'?*;'.'?$2*(&'.'-,.BL#'($'*2.'?.,.%.'($'-$#-"?&2"&#'
("#C$,#&#';'C&)&'$#-,*)-*,.(&#'F*$'2&'#"$?C,$'#&2').C.)$#'($'&:,$)$,'*2'2K-"(&'
C.2&,.?.'($'*2'?*2(&'?H#'"2-$,)&2$)-.(&'($'1&'F*$'.1>*2&#'$#F*$?.#'#"?C1"#-.#'
;'.C,"&,K#-")&#'8.+K.2'"?.>"2.(&<

$#

7,-8")#43$-5-9:;":'"3$<

A%"&1/*'B&$%&'#)'#C0#"%*"

41')&2&)"?"$2-&'F*$'-$2K.'1.'?.;&,'C.,-$'($'1&#'>,"$>&#'#&+,$'$1'?*2(&'F*$'
1$# ' ,&($.+. ' $,. ' 2$)$#.,".?$2-$ ' C&)& ' C,$)"#& ' ; ' $#).#.?$2-$ ' ($-.11.(&< ' D.'
"2$c"#-$2)".'($'?.C.#'&'($'.-1.#'F*$',$:1$I.,.2'($':&,?.'>,H:").';'($#),"C-"B.'1&#'
)&2-&,2&#'>$&>,H:")&#E'#"F*"$,.'1&#'?H#'C,6c"?&#'$'"2?$(".-&#E'C,&B&).+.'*2.':.1-.'
.+#&1*-. '($'$1$?$2-&# ',$:$,$2)".1$# '#$>*,&#')&?& '($'1&# 'F*$'("#C&2$?&# '$2 '1.'
.)-*.1"(.(<'b$,&'2&'#61&'2&'$c"#-K.2'(")8&#'"2#-,*?$2-&#').,-&>,H:")&#E'#"2&'2"'-.2'
#"F*"$,. ' 1. ' C$,)$C)"62 ' ($1 ' ?*2(& ' F*$ ' 1&# ' 8"3& ' C&#"+1$# ' *2 ' -"$?C& ' ($#C*L#< ' D.'
,$C,$#$2-.)"62'($1'?*2(&'"?C$,.2-$'-$2K.'*2').,H)-$,'?K-")&E'F*$'#$',$(*)K.'$2'1.'
C,H)-").'.1',$)&2&)"?"$2-&'($'1.'$c"#-$2)".'($'*2')$2-,&';'*2.'C$,":$,".')&?&'#*#'(&#'
$1$?$2-&# ' :*2(.?$2-.1$#< ' 41 ' )$2-,& ' $,. ' $1 ' ?*2(& ' )&2&)"(&E ' $2 ' ?.;&, ' & ' ?$2&,'
$c-$2#"62E ' ($#($ ' $1 ' F*$ ' ,.(".+.2 ' -&(.# ' 1.# ' ?",.(.# ' 8.)". ' $1 ' $c-$,"&,E ' . ' B$)$#'
)&2),$-.(&'$2'*2'1*>.,'$?+1$?H-")&')&?&'$1'#.2-*.,"&'($'0C&1&'$2'!$1:&#E'#"-*.(&'
$2'1.'N,$)".')$2-,.1<'D.'C$,":$,".'$,.E'$2').?+"&E'*2'$#C.)"&'B.>&';'(":*#&'F*$E'?H#'
.11H'($'1&#'1K?"-$#')&2&)"(&#E'#$'"+.'C,&>,$#"B.?$2-$'(":*?"2.2(&'.'?$("(.'F*$'#$'
.1$I.+.'($1')$2-,&'($',$:$,$2)".E'8.#-.'11$>.,'.'1&#'$c-,$?&#'($1'&,+$E'(&2($'#61&'
,$>K.2'1.#'C.*-.#'($'C*,.':.2-.#K.'&2K,").<'D.'"?.>$2'?H#'(":*2("(.'C.,$)$'8.+$,'
#"(& ' 1. ' ($ ' *2 ' ?*2(& ' )",)*1., ' ; ' C1.2& ' ,&($.(& ' C&, ' -&(.# ' C.,-$# ' C&, ' 1.# ' .>*.#'
C,"?&,(".1$#'($'*2',K&'$#C$)-.)*1.,'($2&?"2.(&'e)L.2&E'.'-$2&,'#&+,$'-&(&'($'1.'
",&2K.')&2'F*$'#$',$:"$,$'.'-.1$#'"($.#'$1'8"#-&,".(&,'h$,6(&-&'$2'#*#'($#),"C)"&2$#'
>$&>,H:").#<
D.#')&2(")"&2$#'($'B".I$'2&'$,.2'-.?C&)&'1.#'?H#'"(62$.#'C.,.'C,&C")".,'$1'
?$I&,')&2&)"?"$2-&'($'1&#'-$,,"-&,"&#'1"?K-,&:$#<'D.',*-.'8.)".')*.1F*"$,'C.,-$'F*$'#$'
)&2#"($,.+.'?H#',HC"(.';'#$>*,.'$,.'$1'?.,E'.'C$#.,'($'1.#'C,$B$2)"&2$#';'-$,,&,$#'
F*$'$1'"2#&2(.+1$'$#C.)"&'?.,"2&'#*#)"-.+.'$2'1.'?$2-.1"(.('>,"$>.<'S*)8&#'($'1&#'
C$1">,&# ' ($1 ' ?., ' .C.,$)$2 ' ?$2)"&2.(&# ' & ' -,.2#:&,?.(&# ' $2 ' 1&# ' ,$1.-&# ' ($'
2.B$>.2-$#'F*$'.).+.,&2E'-,.2#:">*,.(&#'C&L-").?$2-$E'$2'1.'K+%/)"'8&?L,").<'011K'
8.)$2'.)-&'($'C,$#$2)".'C*$+1&#'($)1.,.(.?$2-$'8&#-"1$#'C.,.'1&#'B".I$,&#E')&?&'
1&# ' >">.2-$#)&# ' ; ' ($#C".(.(&# ' aK)1&C$# ' & ' 1&# ' B"&1$2-&# ' D$#-,K>&2$#E ' $#C.2-&#&#'

$$

?&2#-,*&#'#"$?C,$'("#C*$#-&#'.'($B&,.,'.'1&#'?.,"2&#'F*$').K.2'$2'#*#'>.,,.#E'
)&?&'1.#'$#C$1*32.2-$#'4#)"1.';'a.,"+("#E'"#1.#'?"#-$,"&#.#';'.C.,-.(.#'8.+"-.(.#'
C&, ' "2F*"$-.2-$# ' ("B"2"(.($#E ' )&?& ' 1. ' ?.>. ' a",)$ ' & ' 1. ' 2"2:. ' a.1"C#&E ' 1*>.,$#'
-$2$+,&#&#E ' )&?& ' $2 ' $1 ' F*$ ' ?&,.+.2 ' 1.# ' $2>.%&#.# ' R",$2.#E ' ; ' .1>*2&# ' ($ ' #*#'
-$?&,$# ' &?2"C,$#$2-$# ' ?H# ' ,$.1$#E ' )&?& ' 1.# ' ($B.#-.(&,.# ' -$?C$#-.($# ' ; ' 1.'
C,$#$2)".'"2:.*#-.'($'1&#'C",.-.#E'F*$'#*,).+.2'1.#'.>*.#'($1'4>$&')&2'.+#&1*-.'
"?C*2"(.(<'4#-$',$)$1&'($1'?.,'#$'B$'-.?+"L2',$:1$I.(&'$2'1.'C&$#K.'($'h$#K&(&E'
)*.2(&'$c8&,-.'.'#*'8$,?.2&'.'F*$'&1B"($'1.'"2#$2#.-.'"($.'($'8.)$,#$'.'1.'?.,'$2'
+*#).'($':&,-*2.<
b$,& ' .*2 ' )&2 ' -&(&# ' $#-&# ' #$,"&# ' "2)&2B$2"$2-$#E ' $1 ' B".I$ ' C&, ' ?., ' #$>*K.'
#"$2(&'C,$:$,"+1$'.1'"-"2$,.,"&'C&,'-"$,,.E'?H#'(":")*1-&#&E')&#-&#&';',$C1$-&'-.?+"L2'($'
C$1">,&# '"22*?$,.+1$#<'a&2B"$2$ ',$)&,(., 'F*$ '$1 '.))$#&'C,"2)"C.1'.1'#.2-*.,"&'($'
!$1:&#'#$'8.)K.'($#($'$1'?.,E'C&,'$1'>&1:&'($'a&,"2-&'($#($'1.')&#-.'($'5-$.E'1*>.,'
($#($'$1'F*$'1&#'C$,$>,"2&#'.#)$2(K.2'8.#-.'$1'#.2-*.,"&E'$2'1*>.,'($'*-"1"3.,'1.',*-.'
C&, ' -"$,,. ' F*$ ' C.,-$ ' ($ '0-$2.#E ' :,$)*$2-.(. ' $2 ' 1. ' .)-*.1"(.( ' C&, ' -&(&# ' 1&# '('9. #
'6)."('./< ' D&# ' C$1">,&# ' F*$ ' $2-,.%.+. ' $1 ' B".I$ ' C&, ' -"$,,. ' 8.2 ' F*$(.(& ' -.?+"L2'
,$:1$I.(&# ' $2 ' $1 ' ?"-& ' >,"$>&E ' $2 ' :&,?. ' ($ ' +$#-".# ' -$?"+1$#E ' )&?& ' 1.# ' F*$ ' #&2'
$c-$,?"2.(.#'C&,'h$,.)1$#'$2'#*#'?*)8&#'-,.+.I&#E').#"'-&(&#'$2'$1')&2-"2$2-$E'&'($'
?.18$)8&,$# ' "?CK&# ' )&?& ' 1&# ' F*$ ' #&2 ' BK)-"?.# ' ($ ' 1.# ' 8.3.%.# ' ($ 'T$#$& ' & ' ($1'
?"#?&'h$,.)1$#<'D.'1"-$,.-*,.'-.?+"L2'#$'8.'8$)8&'$)&'($'$#-.#'"2)&?&("(.($#E'
)&?&'1.#'"2(").)"&2$#'.)$,).'($'1.'"2#$>*,"(.('($'1&#').?"2&#'F*$'.C.,$)$2'$2'*2.'
$#C$)"$'($'>*K.'1&).1'($'1.'N,$)".')$2-,.1'$2'C1$2&'#">1&'5i'.<a<'D&#'J2")&#'B".I$,&#'
8.+"-*.1$#'$,.2'.1>*2&#')&1$)-"B&#'($'$#C$)".1"#-.#'C,"B"1$>".(&#E')&?&'1&#'?L(")&#E'
1&# ' .,-$#.2&# ' ($1 ' ?$-.1E ' 1&# ' .("B"2&# ' ; ' 1&# ' C&$-.#E ' F*$ ' -$2K.2 ' ).#" ' #"$?C,$'
>.,.2-"3.(.'*2.'+*$2.'.)&>"(.'$2')*.1F*"$,'1*>.,'C&,'$1'C,$#-">"&';',$#C$-&'($'F*$'
>&3.+.2'C&,'(&F*"$,'(.(.'1.'"?C$,"&#.'2$)$#"(.('($'#*#'#$,B")"&#<'a*.1F*"$,'B".I$,&'
C&-$2)".1':*$,.'($'$#-.#').-$>&,K.#',$#*1-.+.'C$1">,&#.?$2-$'#&#C$)8&#&').#"'C&,'
($:"2")"62 ' $2 ' *2 ' ?*2(& ' )&?& ' $1 ' >,"$>&E ' ("#C$,#& ' $2 ' *2 ' C."#.I$ ' .*#-$,& ' ; ' 8&#-"1'
(&2($ ' ?"2J#)*1.# ' )&?*2"(.($# ' #$ ' ("#C*-.+.2 ' )&2-"2*.?$2-$ ' $1 ' (&?"2"& ' ($ ' 1.#'
?$I&,$#'-"$,,.#'($'C.#-&'&'($'1.+&,<'SH#'.11H'($'1&#'1K?"-$#'?H#'&'?$2&#'#$>*,&#'($'
1. ' C,&C". ' )&?*2"(.( ' #$ ' .+,K.2 ' 1&# ' (&?"2"&# ' ($ ' 1.# ' )"*(.($# ' B$)"2.# ' C&)&'
.)&>$(&,.# ' & ' $#C.)"&# ' +.1(K&# ' ; ' ($#8.+"-.(&#E ' )&?& ' 1&# ' ?&2-$# ' ; ' +&#F*$#E'
,$(*)"(&#'L#-&#'?*)8.#'B$)$#'.'$#).#&#'?.-&,,.1$#'#"2'?.;&,'"2-$,L#<'R61&'.1>*2&#'
&:")"&#'?.,>"2.1$#E')&?&'1&#'C.#-&,$#'1&#'1$%.(&,$#E'F*$'$c-,.K.2'#*'#*#-$2-&'($'
.F*$11&#'($#&1.(&#'C.,.I$#':,$)*$2-.+.2'$#-.')1.#$'($'1*>.,$#E'(&2($'1&'8.+"-*.1'
$,. ' 2& ' $2)&2-,., '. '2.("$< ' 4,. ' $2 ' $#-&# ' )&2:"2$#E ' ($?"2.(&# ' $2 ' >,"$>& ')/*-"(%"F#
=1K?"-$# ' $c-,$?&# ' ($ ' 1.# ' ,$>"&2$# ' 8.+"-.(.#@E ' (&2($ ' #$ ' $cC&2K. ' . ' 1&# ' 2"%&# ' 2&'
($#$.(&#E')&?&'#$',$:1$I.'$2'$1'?"-&'($'4("C&E'F*$':*$'.+.2(&2.(&'.'#*'#*$,-$'$2'
$1'"286#C"-&'?&2-$'a"-$,62<'D.'B"(.'($'1.'?.;&,'C.,-$'($'1.'C&+1.)"62'-,.2#)*,,K.'.#K'
$2)1.*#-,.(.'($2-,&'($'1&#'8&,"3&2-$#':.?"1".,$#'F*$'C&(K.2')&2-$?C1.,#$'($#($'#*'
.1($.'&')"*(.(E'#"2'&-,.'$cC$)-.-"B.'($',$.1"3.,'*2'>,.2'B".I$')&?&'2&':*$,.'1.'B"#"-.'
&).#"&2.1'.'*2.':$,".'B$)"2.'&'1.'C$,$>,"2.)"62'.'.1>*2&'($'1&#'>,.2($#'#.2-*.,"&#'
C.28$1L2")&#'?H#'C,6c"?&#E'#"-*.(&#'C&,'2&,?.'$2'$1')$2-,&'($1')&2-"2$2-$E')&?&'
1&#'($'e1"?C".'&'!$1:&#E'$2'($-$,?"2.(.#'LC&).#'($1'.%&E'.C,&B$)8.2(&'.($?H#'1.'
-,$>*. ' >$2$,.1 ' F*$ ' >.,.2-"3.+. ' 1. ' #*#C$2#"62 ' ($ ' 8&#-"1"(.($# ' ; ' :.)"1"-.+. ' 1.#'
)&2(")"&2$#'($'-,.#1.(&<
h.+K.E ' #"2 '$?+.,>&E ' F*"$2 ' C&, ' 2$)$#"(.( ' & '($#$& ' ($ ' .B$2-*,. ' $?C,$2(K.'
1.,>&#'B".I$#'C.,.'C,$#-.,'#*#'#$,B")"&#')&?&'?$,)$2.,"&'$2'1.')&,-$'($'*2'C,K2)"C$'

$%

&,"$2-.1E')&?&'8$?&#'B"#-&'$2'$1').CK-*1&'.2-$,"&,E'&'C.,.')&2#$>*",'*2'C,&B$)8&#&'
"2-$,).?+"& ' $2 ' &-,&# ' C*$,-&# ' .11$2($ ' 1&# ' ?.,$#< ' R$ ' -,.-.+.E ' 2& ' &+#-.2-$E ' $2 ' $1'
)&2I*2-& ' >1&+.1 ' ($ ' 1. ' C&+1.)"62E ' ($ ' *2. ' ?"2&,K.E ' F*$ ' #61& ' #$ ' .?C1"6 ' )&2 ' 1.#'
$cC$(")"&2$#'.'*1-,.?.,'$2'+*#).'($'?$I&,$#'-"$,,.#E'.'C$#.,'($'F*$'-.2'#61&'$2'
).#&#'$c)$C)"&2.1$#'#$'8.11.+.'"?C1").(.'-&(.'1.'C&+1.)"62E')&?&'$2'$1').#&'($'
M&)$.';.')&?$2-.(&<']&'$#'($'$c-,.%.,E'C&,'-.2-&E'F*$E'+.I&'$#-.#')&2(")"&2$#'-.2'
,$#-,")-"B.#E ' $1 ' )&2-.)-& ' ; ' 1.# ' ,$1.)"&2$# ' )&2 ' &-,.# ' >$2-$# ' ,$#*1-.,.2 ' *2 ' 8$)8&'
,$1.-"B.?$2-$ ' C&)& ' :,$)*$2-$ ' C.,. ' 1. ' ?.;&,K. ' ($ ' 1&# ' >,"$>&#< ' D. ' J2"). ' BK. ' ($'
)&2&)"?"$2-&'($1'?*2(&'$c-$,"&,'$,.E'.#KE'1.'"2:&,?.)"62')&2-$2"(.'$2'1&#',$1.-&#'($'
F*"$2$# ' ,$>,$#.+.2 ' . ' #* ' C.-,". ' ($#C*L# ' ($ ' *2. ' $?C,$#. ' ($ ' .F*L11.# ' & ' ($ ' 1&#'
B".I$,&# ' .))"($2-.1$# ' F*$ ' C.#.+.2 ' C&, '$11. ' ($I.2(& ' )&2#-.2)". ' ($ ' 1&' F*$ '8.+K.2'
)&2&)"(& ' ?H# ' .11H< ' ]& ' $c"#-K.E ' #"2 ' $?+.,>6 ' 2"2>*2. ' C&#"+"1"(.( ' ($ ' )&2-,&1., ' 1.'
B$,.)"(.('.+#&1*-.'($'-.1$#',$1.-&#E';'C&,'$11&'$,.'2&,?.1'F*$'$2'$11&#'C,$(&?"2.,.2'
*2. ' ($#).,.(. ' :.2-.#K. ' ; ' *2. ' $c.>$,.)"62 ' ?.2":"$#-. ' $ ' "2-$,$#.(.E ' F*$ ' -$2(K.2'
,$#C$)-"B.?$2-$ ' . ' #*#)"-., ' $1 ' $?+&+.(& ' .#&?+,& ' ($1 ' .*("-&,"& ' ; ' . ' ,$#.1-., ' 1&#'
?L,"-&#')&2-,."(&#'C&,'$1'.,,"$#>.(&'B".I$,&E'?H#'F*$')*.1F*"$,'8&2$#-.'"2-$2)"62'($'
,$C,&(*)",E')&#.'2&'#"$?C,$'-.2'#$2)"11.E'1.'$cC$,"$2)".',$.1'B"B"(.<']&',$#*1-.'.#K'
2.(.'#&,C,$2($2-$'F*$'1.'B"#"62'($'1&#'p&-,&#q'F*$'.C.,$)$',$:1$I.(.'$2'1.'?"-&1&>K.'
; '1. '1"-$,.-*,. '>,"$>.# '#$ '.I*#-$ '#&+,$'-&(&E'2&'#61& '$2 '1.#'C,"?$,.# '$-.C.#E '. '1.'
"?.>$2'$c6-").';':.+*1&#.'($'*2'?*2(&'.I$2&E'C&+1.(&'($'#$,$#'$c-,.&,("2.,"&#E'
)&?&'1&#'F*$'.C.,$)$2'$2'1. 'K+%/)"' &'$2'$1 ',"(?&'B'#+)#&"/#59D).)/' .-,"+*"(&'.'
h$#K&(&E'&'($'C*$+1&#'"2(K>$2.#'-.2'#"2>*1.,$#';'$c-,.%&#')&?&'1&#'F*$'&)*C.2'1&#'
)&2:"2$# ' ($1 ' ?*2(& ' 8.+"-.(& ' $2 ' 1. ' ($#),"C)"62 ' ($ ' h$,6(&-&E ' *2 ' $c-,.B.>.2-$'
,$C$,-&,"&'.?C1".(&'?H#'-.,($'C&,'a-$#".#E'$2'#*'$2*?$,.)"62'($'1&#'C*$+1&#'F*$'
8.+"-.+.2'1.'52(".E'&'C&,'$1'8"#-&,".(&,'8$1$2K#-")&'0>.-H,F*"($#E'$2'#*').-H1&>&'($'
C&+1.)"&2$#'($1'#*,'($'4>"C-&<
a"$,-.?$2-$'-&(.#'1.#'>$2$,.1"3.)"&2$#',$#*1-.2'2$)$#.,".?$2-$'.+*#"B.#';'
?H#'#$>*,.?$2-$'$2'$#-$').#&E';.'F*$'1.'#"-*.)"62'.'$#-$',$#C$)-&'2&'$,.'1.'?"#?.'
$2'-&(&#'1&#',"2)&2$#'($1'?*2(&'>,"$>&<'42'.1>*2.#',$>"&2$#E')&?&'1.#'3&2.#'?H#'
#$C-$2-,"&2.1$# ' ($1 ' 4>$& ' 1"?K-,&:$# ' )&2 ' $1 '-%2().&"2+' -,.)"& ' & ' $2 ' .1>*2&# ' C*$,-&#'
(&2($',$).1.+.2')&2':,$)*$2)".'2.B$#'C,&)$($2-$#'($'(":$,$2-$#'1*>.,$#E')&?&'1&#'
($' a&,"2-& ';'1.#'"#1.# '($' 4*+$. ' ;'A&(.#E'1.' C,$#$2)". ').#" ')&2#-.2-$'($' >$2-$#'
.I$2.#'.1'?*2(&'>,"$>&'$,.'*2':$26?$2&'?*)8&'?H#'2&,?.1';')&-"(".2&'F*$'$2'1.#'
)"*(.($#'($'1.'N,$)".')$2-,.1'&'($1'"2-$,"&,'($1'b$1&C&2$#&<'4#-.',$1.-"B.':.?"1".,"(.('
)&2 ' $1 ' p&-,&q ' C*(& ' 8.+"-*., ' #* ' C$,)$C)"62 ' ($ ' 1.# ' ,$.1"(.($# ' .I$2.# ' )&2 ' ?*)8.'
?.;&,':.)"1"(.('F*$'1.'($'1.#'($?H#')&?*2"(.($#'>,"$>.#'?H#'$2)$,,.(.#'($2-,&'($'
#*',$(*)"(&';'$c)1*;$2-$'*2"B$,#&<'R"2'$?+.,>&E'.1'">*.1'F*$'#*)$(K.')&2'1&#'B".I$#E'
$,.2 ' -.?+"L2 ' 1. ' $c)$C)"62 ' ; ' 2& ' 1. ' 2&,?.E ' F*$ ' #$>*K. ' #"$2(& ' $2 ' $#-$ ' -$,,$2& ' $1'
($#)&2&)"?"$2-&'C,&B$,+".1'($'1.#'&-,.#'>$2-$#';')&#-*?+,$#';'*2':*$,-$'#$2-"?"$2-&'
$-2&)L2-,")&E ' :.B&,$)"(& ' C&, ' 1. ' .*#$2)". ' ($ ' C.,H?$-,&# ' )&?C.,.-"B&# ' 2$*-,.1$# ' ;'
&+I$-"B&#E ' )&?& ' 1&# ' F*$ ' $2 ' -$&,K. ' C,&C&,)"&2. ' *2. ' ("#)"C1"2. ' >$2$,.1 ' )&?& ' 1.'
.2-,&C&1&>K.'$2'1.'.)-*.1"(.(<'42'N,$)".E'C&,'-.2-&E'($':&,?.'2&'?*;'(":$,$2-$'($1'
,$#-& ' ($ ' 1.# ' &-,.# ' )*1-*,.#E ' ($#($ '$1 ' .2-">*& ' 4>"C-& '8.#-. ' 1. ' a8"2.E ' 1. ' B"#"62 ' ($1'
?*2(&'(&?"2.2-$'-$2K.'$#-$').,H)-$,'$-2&)L2-,")&'F*$'C,&C")".+.'1&#'C,$I*")"&#E'1&#'
$#-$,$&-"C&#'#"?C1"#-.#';',$(*)-&,$#'($'*2.',$.1"(.('?*)8&'?H#'B.,".(.';')&?C1$I.'
; ' *2. ' "2-$,C,$-.)"62 ' .+*#"B.' $ ' "2-$,$#.(. ' ($ ' 1&# ' C&)&# ' $ ' "?C,$)"#&# ' -$#-"?&2"&#'
("#C&2"+1$#<

$&

D.'C,&B$,+".1'($#)&2:".23.'>,"$>.'8.)".'$1'$c-,.2I$,&'=:82'/@E'*2.').-$>&,K.'
$1H#-").'F*$'"2)1*K.'-.?+"L2'.'B$)$#'.'1&#'>,"$>&#'C,&)$($2-$# '($'&-,&#'1*>.,$#E'
$2)*$2-,. ' #* ' >,.(& ' ($ ' $cC,$#"62 ' ?H# ' $c-,$?& ' $2 ' 1.# ' )L1$+,$# ':)2)&"/F"%#
=$cC*1#"&2$#'($'$c-,.2I$,&#'$2'?.#.@E'F*$'-$2K.2'1*>.,'($':&,?.')K)1").'$2'4#C.,-.E'
;'*2'-&2&'.1>&'?H#'?&($,.(&'$2'$1'$#-.-*#'C.,-")*1.,',$#$,B.(&'.'1&#'$c-,.2I$,&#'
,$#"($2-$#'=5)()*'/@'$2'&-,.#')"*(.($#'>,"$>.#E')&?&'0-$2.#E'(&2($'($+K.2'C.>.,'
*2'"?C*$#-&'$#C$)".1';'$#-.+.2'($#C,&B"#-&#'($'($,$)8&#'C&1K-")&#<'4c"#-K.2'-.?+"L2'
"?C&,-.2-$#'1"?"-.)"&2$#'$2'$1')&2&)"?"$2-&'($'&-,.#')*1-*,.#'.I$2.#<'D.'$cC$,"$2)".'
>,"$>.'($'&-,&#'C*$+1&#'.:$)-6'C,"2)"C.1?$2-$'.'1.#',$>"&2$#')&#-$,.#E'$2'1.#'F*$'
"2#-.1.+.2'#*#'$?C&,"&#')&?$,)".1$#'&'#*#'$?C1.3.?"$2-&#'?H#'($:"2"-"B&#'#"2'F*$'
#$'.B$2-*,.,.2'8.+"-*.1?$2-$'8.)".'$1'"2-$,"&,<'b&,'1&'>$2$,.1'2&'11$>.,&2'.'),*3.,'1.#'
>,.2($# ' +.,,$,.# ' &,&>,H:").#E ' )&?& ' 1&# '01C$# ' & ' 1&# ' aH,C.-&#E ' F*$ ' #$C.,.2 ' 1.#'
,$>"&2$#'($1')$2-,&';'($1'2&,-$'($'4*,&C.'($'1.#'?H#'?$,"("&2.1$#<'R61&'.1>*2&#'
C&)&#'.B$2-*,$,&#'#$'.,,"$#>.,&2'-"$,,.'.($2-,&E'#$>*,.?$2-$'($'?.2$,.'&).#"&2.1'
;'$#C&,H(").E')&2'C,&C6#"-&#')&?$,)".1$#'+"$2'($:"2"(&#E')&?&'1&#'F*$'-,.2#C&,-.,&2'
1.':.?&#.';'?&2*?$2-.1'),H-$,.'($'i"cE'8.11.(.'.'*2&#'UPP'j?'($'b.,K#'$2'1.'-*?+.'
($'*2.'C,"2)$#.'"2(K>$2.E')*;.#'"2(").)"&2$#'C.,.'?&2-.,1.'%2#/%(9'$#),"-.#'$2'>,"$>&'
2&'($I.2'?*)8&'$#C.)"&'.'1.'(*(.E'&'$1'($#.:&,-*2.(&';'.262"?&'2.B$>.2-$'F*$'
-$,?"26'#*#'(K.#'$2'$1':&2(&'($'*2',K&'$2'$1'"2-$,"&,'($'A*#".'I*2-&')&2'-&(.'#*'
?$,).2)K.'$2'?$-.1<'4#'-.?+"L2'C,&+.+1$'F*$'C*$(.'($-$)-.,#$'1.'C,$#$2)".'($'*2'
.,F*"-$)-& ' & ' ).2-$,& ' >,"$>& ' $2 ' 1. ' )&2#-,*))"62 ' ($ ' 1&# ' ?*,&# ' ($ ' h$*2$+*,> ' $2'
01$?.2".E '.'I*3>., 'C&,' #* '.)&?&(.)"62 '.' 1&#' C,"2)"C"&#' ($ '1. '.,F*"-$)-*,. '?"1"-.,'
>,"$>.<'42',$#*?$2E';'.*2')&2-.2(&')&2'2*$#-,.'C&#"+1$'">2&,.2)".'($'&-,&#'?*)8&#'
).#&# ' #"?"1.,$#E ' C&). ' )&#.< ' ]& ' ,$#*1-.E ' .#KE ' ($?.#".(& ' #&,C,$2($2-$ ' F*$ ' $1'
($#)&2&)"?"$2-&'>,"$>&'($1'"2-$,"&,'($'1.'C$2K2#*1.'"+L,").E'#$C.,.(&'C&,').($2.#'($'
?&2-.%.# ' ($ ' 1.# ' H,$.# ' )&#-$,.#E ' C$,(*,.#$ ' 8.#-. ' $1 ' #">1& ' 55 ' .<aE ' )*.2(& ' $1'
8"#-&,".(&,'b&1"+"&'-*B&'1.'&C&,-*2"(.('($'B".I.,'8.#-.'.11K'.)&?C.%.2(&'$1'.B.2)$'($'
1.#'1$>"&2$#',&?.2.#E')&2B",-"L2(&#$'#$>*,.?$2-$'$2'$1'C,"?$,'>,"$>&'F*$'8.+K.'
C&("(&')&2&)$,'($'C,"?$,.'?.2&'1.',$.1"(.('C$2"2#*1.,'"2-$,"&,E'.'C$#.,'($'F*$'1&#'
)&2-.)-&#'>,"$>&#')&2'1.#')&#-.#'"+L,").#'#$',$?&2-.2'2.(.'?$2&#'F*$'.1'#">1&'i555'
.<a<
0' 1.# '(":")*1-.($# '&,&>,H:").# '#$ '#*?.+.2 '1.# '+.,,$,.# '1"2>lK#-").#E ' F*$ '2&'
:.)"1"-.+.2'C,$)"#.?$2-$'1.'-.,$.'($')&?*2").)"62E'.)$2-*.(.#'.($?H#'C&,'$1'8$)8&'
($ ' F*$ ' 1&# ' >,"$>&# ' 2*2). ' #$ ' ?&1$#-.,&2 ' $2 ' .C,$2($, ' 2"2>*2. ' 1$2>*. ' .I$2.E ' 2"'
#"F*"$,.'$1'1.-K2')*.2(&'.'C.,-",'($1'#">1&'55'.<a<'$1'-$,,"-&,"&'8$1$2&'#$')&2B",-"6'$2'*2.'
C,&B"2)". ' ?H# ' ($1 ' "?C$,"& ' ,&?.2&< ' 4# ' C,&+.+1$ ' F*$ ' 1. ' 2&-")". ' F*$ ' 2&# ' -,.#?"-$'
h$,6(&-& '.)$,). '($ ' 1. ' C,$#$2)". '2$)$#.,". '($ '2.(. '?$2&# 'F*$ '#"$-$ '"2-L,C,$-$#'
C.,.'C&($,'11$B.,'.').+&'1.#'-,.2#.))"&2$#'$2-,$'.1>*2&#'C*$+1&#'($'1.'3&2.'($'1.#'
$#-$C.# ' ,*#.# ' )&2#-"-*;.'*2. ' #"?C1$ ' $c.>$,.)"62E ' C$,& '#* ' ?"#?. '?$2)"62 ' $2 '$1'
)*,#&'($'#*',$1.-&'B"$2$'.',$:1$I.,'#"2'(*(.'1.'"2)*$#-"&2.+1$')&?C1$I"(.('($1'C,&)$#&'
($')&?*2").)"62'$2-,$'C*$+1&#'($')*1-*,.#'-.2'(":$,$2-$#<'D.#'>.,.2-K.#'($'C,$)"#"62'
$2'1.'-,.#?"#"62'($1'?$2#.I$'$2'$#.'1.,>.';'$2,$B$#.(.').($2.'F*$'?$(".+.'$2-,$'
$1 ' $?"#&, ' "2")".1 ' =$1 ' >,"$>&@ ' ; ' $1 ' ,$)$C-&, ' -$,?"2.1 ' =$1 ' "2(K>$2. ' ($ ' -*,2&@ ' $,.2'
C,H)-").?$2-$ ' "2$c"#-$2-$#E ' (.2(& ' .#" ' 1*>., ' . ' -&(& ' -"C& ' ($ ' -$,>"B$,#.)"&2$# ' ;'
?.1$2-$2("(&#< ' 41 ' ?$2)"&2.(& ' b&1"+"& ' =555E ' VX@ ' .(B"$,-$ ' .)$,). ' ($ ' 1.# ' $2&,?$#'
(":")*1-.($#'F*$'$2)&2-,.,&2'$2'$#-$'-$,,$2&'1&#'C&)&#'>,"$>&#'F*$'#$'.-,$B"$,&2'.'
$cC1&,., ' 1.# ' ,$>"&2$# ' ?H# ' .C.,-.(.#E ' 8.#-. ' $1 ' C*2-& ' ($ ' F*$ ' ,$#*1-.+. ' ($1 ' -&(&'
"?C&#"+1$'*2.'($#),"C)"62'($'$11.#'.I*#-.(.'.'*2.'?K2"?.',$.1"(.('&+I$-"B.<

$'

41'($#"2-$,L#E'-.?+"L2'C,&B$,+".1E'($'1&#'>,"$>&#'C&,'-&(&'1&'.I$2&'-.?C&)&'
:.B&,$)K.'?*)8&'$1')&2&)"?"$2-&'&+I$-"B&'($',$.1"(.($#'(":$,$2-$#'($'1.'#*;.<'R*'
.C.,$2-$')*,"&#"(.('$2'$#-$'#$2-"(&'#61&'C$,#$>*K.'*2.'?$I&,'($:"2")"62'($'#*'C,&C".'
"($2-"(.('$'"("&#"2),.#".'.'-,.BL#'($'1.')&2-$?C1.)"62'#.-"#:$)8.'($')&#-*?+,$#';'
:&,?.#'($'B"(.'$c-,.%.#'F*$',$:&,3.+.2'#*'#$2#.)"62'($'#*C$,"&,"(.('&'"?C*1#.+.2'
1. ' ,$:1$c"62 ' .)$,). ' ($ ' 1.# ' C,&C".# ' "2#-"-*)"&2$# ' )&2 ' *2 ' .:H2 ' C$,:$))"&2"#-. ' &'
($?&1$(&,<'eC$,.+.2'?$(".2-$'1&#'C,"2)"C"&#'($'1.'C&1.,"(.(';'($'1.'.2.1&>K.E'F*$E'
#$>J2'#$%.16'$2'#*'?&?$2-&'$1'$#-*("&#&'+,"-H2")&'($'1.')"$2)".'>,"$>.'N$&::,$;'
D1&;(E')&2#-"-*K.2'1&#'C,"2)"C.1$#'?$).2"#?&#',$>*1.(&,$#'($'1.'?$2-.1"(.('>,"$>.<'
f2'-"C&'($'C,&)$("?"$2-&'F*$'8.'#"(&'($:"2"(&'($#C*L#'C&,'$1'$#C$)".1"#-.':,.2)L#'
M,.2x&"#'h.,-&>')&?&'*2.'p,$-6,").'($'1.'.1-$,"(.(q'-,.#'#*'.2H1"#"#'($-.11.(&'($1'
,$1.-& ' ($ ' h$,6(&-& ' #&+,$ ' 1&# ' $#)"-.#< ' 0#KE ' $#-.# ' ($#),"C)"&2$# ' .C.,$2-$?$2-$'
&+I$-"B.# ' ($ ' 1&# ' C.K#$# ' 1$I.2&# ' C,&)$($2E ' #"2 ' $?+.,>&E ' . ' 1. ' #$1$))"62 ' ; ' . ' 1.'
.)$2-*.)"62'&',$(*))"62'($'1&#'(.-&#'("#C&2"+1$#E'F*$'-.?C&)&'#&2E'C&,'&-,.'C.,-$E'
-&(&'1&'$c8.*#-"B&#'F*$'#$,K.'C,$)"#&'C.,.'11$B.,'.').+&'*2.'&C$,.)"62'($'$#-.#'
).,.)-$,K#-").#E')&2'$1':"2'($'.I*#-.,1&#'.'1&#'$#F*$?.#',$:$,$2)".1$#'($1'.*("-&,"&'
>,"$>&'.1'F*$'"+.2'(",">"(.#E'C.,.'C,&C")".,'.'-,.BL#'($'$11.#'$1',$)&2&)"?"$2-&'($'#*'
C,&C". ' )*1-*,. ' )&2 ' -&(.# ' #*# ' "2$F*KB&).# ' #$%.# ' ($ ' "($2-"(.(E ' *-"1"3.2(& ' $1 ' ,$1.-&'
p$-2&>,H:")&q')&?&'*2'#"?C1$'$#C$I&',$:,.)-&,'F*$'$#-"?*1.#$E'C&,')&2-,.#-$E'*2.'
,$:1$c"62'?H#'.':&2(&'#&+,$'#K'?"#?&#<

-&'7$*)*1%@&$%518D'<)'."%2#"'2&"$*'/#'#1$4#10"*

0*2F*$',$#*1-.').#"'"?C&#"+1$'#$%.1.,')&2'C,$)"#"62'$1'?&?$2-&'$c.)-&'$2'$1'
F*$'1&#'>,"$>&#'-&?.,&2')&2-.)-&'C&,'C,"?$,.'B$3')&2'&-,&#'C*$+1&#'F*$'C&#$K.2'*2'
2"B$1')*1-*,.1';'-$)2&16>")&'"2:$,"&,'.1'#*;&E'$#'C,&+.+1$'F*$'($+.?&#',$-,&-,.$,1&#'.'
1&#'?"#?&#')&?"$23&#'($'#*'8"#-&,".<'s.'($#($'$1'C$,K&(&'?")L2")&E'.'1&'1.,>&'($'1&#'
#">1&#'d5i';'d555'.<aE'#$'($-$)-.2')&2-.)-&#')&2'1.#',$>"&2$#'?H#'&))"($2-.1$#'($1'
S$("-$,,H2$&E'.1'?$2&#'8.#-.'1.#'"#1.#'($'R")"1".';'($'a$,($%.'I*2-&')&2'1.#')&#-.#'
($1'#*,'($'5-.1".E'(&2($'8.2'.C.,$)"(&',$#-&#'"?C&,-.2-$#'($')$,H?").'($'.F*$11.'
C,&)$($2)".< ' 4# ' ">*.1?$2-$ ' C&#"+1$ ' F*$ ' $c"#-"$,.2 ' )&2-.)-&# ' )&2 ' 1.# ' ,$>"&2$#'
.(,"H-").#E'(&2($'($#$?+&).+.2'1.#',*-.#')&?$,)".1$#'($'C,&(*)-&#'-.2'C,$)".(&#'
)&?&'$1'H?+.,'&'$1'$#-.%&E'F*$'("#)*,,K.2'.'-,.BL#'($'1.'4*,&C.')$2-,.1';'&))"($2-.1'
($#($'1.#',$?&-.#'3&2.#'($'C,&(*))"62'#"-*.(.#'$2'1.#')&#-.#'($'\,$-.%.';'1.#'"#1.#'
.(;.)$2-$#'&'$2'$1'?.,'\H1-")&<'D&#'C*$+1&#';')*1-*,.#'$c"#-$2-$#'$2'(")8.#',$>"&2$#'
2& ' .1).23.+.2 ' #"2 ' (*(. ' $1 ' $#C1$2(&, ' ($ ' 1&# ' "?C$,"&# ' &,"$2-.1$# ' 2" ' $1 ' 2"B$1 ' ($'
($#.,,&11&'C&1K-")&';')*1-*,.1'($'1.#')"*(.($#'($'1.')&#-.'#","&mC.1$#-"2.')&2'1.#'F*$'
1&# ' ?")L2")&# ' 8.+K.2 '$2-,.(& ' -.?+"L2 ' $2 ' )&2-.)-& ' C&, ' .F*$11&# '-"$?C&# ' ; ')*;.#'
,$.1"3.)"&2$#'-*B"$,&2'*2'"?C.)-&'-.2'($)"#"B&'$2'$1'"2")"&';'C&#-$,"&,'($#.,,&11&'($'1.'
C,&C".')*1-*,.'>,"$>.E'($#($'1.'4(.('($1'\,&2)$'8.#-.'1&#')&?"$23&#'($1'C$,K&(&'
.,).")&<
!")8&#')&2-.)-&#'2&'F*$(.,&2'"2-$,,*?C"(&#'($':&,?.'+,*#).';'($:"2"-"B.'-,.#'
1.'($#-,*))"62'($'1&#'C.1.)"&#'?")L2")&#';'$1'($,,*?+.?"$2-&'C,&>,$#"B&'($'-&(.'1.'
)"B"1"3.)"62 ' ?")L2"). ' . ' :"2.1$# ' ($1 ' #">1& ' d55 ' .<aE ' )&?& ' C.,$)$2 ' $?C$%.(&# ' $2'

$(

C,&)1.?., ' 1&# ' 8.11.3>&# ' .,F*$&16>")&# ' ?H# ' ,$)"$2-$#E ' F*$ ' ($-$)-.2 ' *2. ' )"$,-.'
)&2-"2*"(.( ' ($ ' $#-.# ' ,$1.)"&2$# ' )&2 ' $1 ' $c-$,"&,E ' .*2F*$ ' #"2 ' (*(. ' ?*)8& ' ?$2&#'
"2-$2#.';'?H#'$#C&,H(").'F*$'.2-$#E'F*$'#$'$c-"$2($2'.'1&'1.,>&'($'+*$2.'C.,-$'($'
1. ' ($2&?"2.(. ' LC&). ' &#)*,. ' 8.#-. ' $21.3., ' )&2 ' 1&# ' "2")"&# ' ($ ' 1. ' LC&). ' .,).").E'
)*.2(& '$?C"$3.2 ' ;. ' . '),"#-.1"3., ' $2 ':&,?.# ' ?H# ' B"#"+1$# ' ;' $#-.+1$# ' ?$(".2-$ '1.'
C,&>,$#"B.'"2#-.1.)"62'($'$#-.+1$)"?"$2-&#'>,"$>&#'?H#'C$,?.2$2-$#'F*$'1.'?$,.'
:.)-&,K.'&).#"&2.1'$2'?*)8&#'($'$#-&#'-$,,"-&,"&#<']&').+$'#"-*.,E'C&,'-.2-&E'$1'C,"?$,'
$2)*$2-,& '($ '>,"$>&#' )&2 '$#-$' -"C& '($'C&+1.)"&2$# '$2 '$1'?.,)& '$c)1*#"B&'($' 1.#'
($2&?"2.(.#')&1&2"3.)"&2$#'F*$'-*B"$,&2'1*>.,'.'1&'1.,>&'($'1&#'#">1&#'i555'.1'i5'.<a<'
$c-$2("$2(&'1&#'8&,"3&2-$#'($1'?*2(&'>,"$>&'C&,'-&(.'1.')*$2).'($1'S$("-$,,H2$&'
($#($'1.#',"+$,.#'($1'?.,']$>,&'8.#-.'1.#')&#-.#'1$B.2-"2.#';'?$,"("&2.1$#'($'1.'
C$2K2#*1.'"+L,").<
D. ' 1.,>. ' :.#$ ' C,$B".E ' F*$ ' #$ ' 8. ' ($2&?"2.(& ' pC,$)&1&2"3.)"62qE ' $#-*B&'
).,.)-$,"3.(.'C&,'B".I$#'$#C&,H(")&#';'("#C$,#&#'.'1&'1.,>&'($'1&#'?.,$#'#">*"$2(&'
*2.#',*-.#'C,$:"I.(.#'C&,'*2.'-,.(")"62')&?$,)".1'?"1$2.,".E'F*$'"+.'($#)*+,"$2(&'.'
#*'B$3'C,&>,$#"B.?$2-$'$2'$1')*,#&'($1'-,.;$)-&'2*$B&#'$?C1.3.?"$2-&#':.B&,.+1$#'
&'($#$)8.2(&'3&2.#'?H#')&2:1")-"B.#'C&,'1.'.)-"-*('8&#-"1'($'1&#'8.+"-.2-$#'($1'1*>.,'
&'C&,'1.'$#).#$3'($',$)*,#&#'.C,&B$)8.+1$#<'f2.'+*$2.'C.,-$'($'(")8.'$cC$,"$2)".'
8.'F*$(.(&',$:1$I.(.'.'#*'?.2$,.'$2'1.'K+%/)"';'$2'.1>*2&#'($'1&#'B"$I&#'C$,"C1&#'
F*$':*$,&2')&2:$))"&2.(&#'"2")".1?$2-$')&2'*2.'&,"$2-.)"62'$#$2)".1?$2-$'C,H)-").'
;'$2'1&#'F*$'#$',$#.1-.+.2'C,$)"#.?$2-$'$#-.')1.#$'($'"2:&,?.)"&2$#'C&,'$2)"?.'($'
)*.1F*"$, ' &-,& ' $1$?$2-& ' ($#),"C-"B& ' ?H# ' >$2$,.1E ' -.1 ' ; ' )&?& ' -&(.BK. ' C*$($'
.C,$)".,#$'$2'.1>*2&#'($'1&#',.,&#'$#C$)K?$2$#'#*+#"#-$2-$#E'.*2F*$';. '-.,(K&#'
)&2',$1.)"62'.'#*#'?&($1&#'&,">"2.1$#E')&?&'1&#'($2&?"2.(&#'b$,"C1&#'($1'b#$*(&'
4#)K1.cE'(.-.+1$'$2'$1'#">1&'5i'.<a<E'&'$1'($1'?.,'4,"-,$&E'C$,-$2$)"$2-$';.'.1'5'(<a<'42'
$1'-,.2#)*,#&'($'$#-.':.#$'($+"$,&2'($'C,&(*)",#$';.'2*?$,&#&#'$2)*$2-,&#')&2'1.#'
C&+1.)"&2$#'1&).1$#'($'1&#'-$,,"-&,"&#'B"#"-.(&#'F*$'>$2$,.,&2'-&(.'*2.',").'>.?.'($'
B.,".(.#'$cC$,"$2)".#<'f2.')",)*2#-.2)".'F*$'($+"6'($')&2(")"&2.,'$1':*-*,&'($'1&#'
$?C1.3.?"$2-&#'>,"$>&#'$2'(")8.#',$>"&2$#E'+"$2'C,$C.,.2(&'$1').?"2&'C.,.'*2.'
:H)"1 ' .C,&C".)"62 ' ($1 ' -$,,"-&,"& ' ?$(".2-$ ' $1 ' *#& ' ($ ' 1. ' :*$,3.E ' +"$2 ' .1$2-.2(& ' $1'
$#-.+1$)"?"$2-&'($'+*$2.#';':,*)-K:$,.#',$1.)"&2$#')&2'1&#',$;$3*$1&#'"2(K>$2.#E'F*$'
C&(K.2':.)"1"-.,'$c-,.&,("2.,".?$2-$'#*#'-,.2#.))"&2$#')&2'&-,.#'3&2.#'($1'"2-$,"&,E'&'
+"$2E':"2.1?$2-$E'.)&2#$I.2(&'$1'?.2-$2"?"$2-&'($'*2.'C&#-*,.')&,(".1'$2'.C.,"$2)".'
C$,&'#"$?C,$'B">"1.2-$';',$)$1&#.'F*$'"2)"-.+.'.1'$?C1$&'($'1.'.#-*)".';'1.'C,*($2)".'
)&?&',$)*,#&#':*2(.?$2-.1$#'$2'$1'-,.-&')&2'1&#'"2(K>$2.#<
R"2 ' $?+.,>&E ' . ' C$#., ' ($ ' 1. ' "?C&,-.2)". ' ($ ' $#-. ' :.#$ ' C,$B".E ' $1 ' $2)*$2-,&'
?.#"B& ' $2-,$ ' $1 ' ?*2(& ' >,"$>& ' ; ' 1.# ' C&+1.)"&2$# ' "2(K>$2.# ' F*$ ' 8.+"-.+.2 ' $#&#'
-$,,"-&,"&#'&'#$'8.11.+.2'$2'#*#'"2?$(".)"&2$#'-*B&'1*>.,'.'1&'1.,>&'($1'C$,K&(&'($'
$cC.2#"62'C&,'*1-,.?.,E')&2&)"(&'($':&,?.'2&'?*;'.:&,-*2.(.')&?&')&1&2"3.)"&2$#E'
F*$ ' #$ ' C,&(*I& ' . ' 1& ' 1.,>& ' ($ ' 1. ' LC&). ' .,).").< ' D. ' :.#$ ' "2")".1 ' ($ ' -.2-$&# ' ;'
$cC1&,.)"&2$#':*$'#$>*"(.'($'1.'"2#-.1.)"62'($:"2"-"B.'($'$?C1.3.?"$2-&#'$#-.+1$#E'
F*$ ' #">*"6 ' 8.+"-*.1?$2-$E ' ).#" ' #"$?C,$E ' *2. ' ?"#?. ' ("2H?"). ' )&2#"#-$2-$ ' $2 ' 1.'
:*2(.)"62'"2")".1'#&+,$'*2.'"#1.')$,).2.'.'1.')&#-.'&'$2'1.'($#$?+&).(*,.'($'*2',K&E'
)&?& ' 1*>.,$# ' "(62$&# ' F*$ ' C$,?"-K.2 ' *2. ' ?$I&, ' ($:$2#. ' ($ ' )*.1F*"$, ' $B$2-*.1'
.-.F*$';'&:,$)K.2'?.;&,$#':.)"1"(.($#'($')&?*2").)"62')&2'$1'1*>.,'($'C,&)$($2)".E'
.1'-"$?C&'F*$'C&#"+"1"-.+.2'-.?+"L2'*2.')6?&(.'BK.'($'.))$#&'.1'"2-$,"&,'($1'C.K#E'
#$>*"(& ' ($ ' *2. ' "2#-.1.)"62 ' ?H# ' (*,.($,.E ' ;. ' $2 ' -"$,,. ' :",?$E ' )*.2(& ' 1.#'
)",)*2#-.2)".# ' 1&' C$,?"-K.2 ';'#$'8.+K.2 '.C.)">*.(& '1&# ',$)$1&# ';' -$?&,$# '($' 1.#'

%*

C&+1.)"&2$# ' 1&).1$#< ' 42 ' .1>*2&# ' ).#&# ' $#-. ' $cC.2#"62 ' 8.)". ' $1 ' "2-$,"&,E ' F*$'
"?C1").+.'1.'.(F*"#")"62'($'-"$,,.#'($')*1-"B&E')&?C&,-.+.'$1'$2:,$2-.?"$2-&')&2'#*#'
.)-*.1$# ' 8.+"-.2-$#E ' 8.)"$2(& ' 2$)$#.,". ' *2. ' )&2(*)-. ' ?*)8& ' ?H# ' .>,$#"B. ' ($'
"?C1.2-.)"62 ' F*$ ' 1. ' F*$ ' $c"#-"6 ' $2 ' *2. ' :.#$ ' .2-$,"&,< ' 01>*2&# ' ($ ' $#-&#'
$?C1.3.?"$2-&#'C,&#C$,.,&2'$2'#*#'2*$B&#'-$,,"-&,"&#';'11$>.,&2'.')&2B$,-",#$'$2'
,$C,$#$2-$# ' C,"B"1$>".(&# ' ($ ' 1. ' )*1-*,. ' >,"$>. ' $2 ' 1.# ' 3&2.# ' ?H# ' .C.,-.(.# ' ($1'
S$("-$,,H2$&E')&?&'#*)$("6')&2'S.,#$11.';'a",$2$'$2'1.')*$2).'&,"$2-.1'&')&2'e1+".'
$2'$1'?.,']$>,&<'e-,&#',$#*1-.,&2E'$2').?+"&E':"2.1?$2-$'.+#&,+"(&#'C&,'$1'?$("&'
"2(K>$2. ' )",)*2(.2-$ ' .1 ' ?&#-,.,#$ ' "2).C.)$# ' ($ ' ,$#"#-", ' 1. ' C,$#"62 ' ($ ' *2 ' $2-&,2&'
8&#-"1 ' & ' C&, ' $1 ' #*,>"?"$2-& ' ($ ' 2*$B.# ' C&-$2)".# ' 8$>$?62").# ' $2 ' 1.# ' ,$>"&2$#'
)",)*2(.2-$#E ' )&?& ' #*)$("6 ' )&2 ' .1>*2&# ' ($ ' 1&# ' $#-.+1$)"?"$2-&# ' >,"$>&# ' ($1 ' #*,'
02.-&1".E'F*$':*$,&2'.2$>.(&#'C&,'$1'$cC.2#"&2"#?&'.#","&'(*,.2-$'1&#'#">1&#'i555';'
i55'.<aE'&')&2'1.'C.,-$'?H#'&))"($2-.1'($'R")"1".E'F*$'F*$(6'#&?$-"(.':"2.1?$2-$'.1'
(&?"2"&').,-.>"2L#E'&')&2'1.'?.;&,K.'($'1.#')&1&2".#'"-H1").#E'F*$'-$,?"2.,&2'#"$2(&'
C,$#. ' ($ ' 1&# ' C*$+1&# ' "2(K>$2.# ' (&?"2.2-$# ' $2 ' 1. ' 3&2.E ' )&?& ' 1&# ' 1*).2"&#E ' 1&#'
+,*-"&#'&'1&#').?C.2&#<'R"2'$?+.,>&E'2&'#"$?C,$':*$,&2'1&#'$2:,$2-.?"$2-&#')&2'$1'
$1$?$2-& ' "2(K>$2. ' 1&# ' ,$#C&2#.+1$# ' (",$)-&# ' ($ ' 1. ' ($).($2)". ' ($ ' .1>*2&#'
$#-.+1$)"?"$2-&#'>,"$>&#<'42'#$>*"(.'#*,>"$,&2'$2'$#-&#'2*$B&#'-$,,"-&,"&#'8$1L2")&#'
1.#'B"$I.#'("#C*-.#';',"B.1"(.($#'C&,'$1')&2-,&1'($'1.'-"$,,.'F*$').,.)-$,"3.,&2'-&(.'1.'
8"#-&,".'>,"$>.E'C,&B&).2(&'1.'($#-,*))"62'($'*2'1*>.,')&?&'RK+.,"#'.'?.2&#'($'#*#'
B$)"2&#'($'a,&-&2.<
D.')*$2).'&))"($2-.1'($1'S$("-$,,H2$&';'1.#'&,"11.#'($1'?.,']$>,&E'(&2($'#$'
($#C1$>6'*2.').#"')&2#-.2-$'"2#-.1.)"62'($'$#-.+1$)"?"$2-&#'>,"$>&#'.'1&'1.,>&'($'
$#-$'C$,K&(&E'C,$#$2-.+.2'.1>*2.#'#"2>*1.,"(.($#',$#C$)-&'.'1.#',$>"&2$#'&,"$2-.1$#E'
,$1.-"B.?$2-$'?$I&,')&2&)"(.#'C&,'1&#'>,"$>&#';.'F*$'8.+K.2'$2-,.(&'$2')&2-.)-&'
)&2'$11.#'.1'?$2&#'($#($'1.'?"-.('($1'#$>*2(&'?"1$2"&'.<a<'0($?H#E'1.'("B$,#"(.('
L-2").';')*1-*,.1'($'$#-.#',$>"&2$#'F*$(.+.',$(*)"(.'.'&I&#'($'1&#'>,"$>&#'($2-,&'($'
*2.',$.1"(.('C&1K-").'?H#'.?C1".';'8&?&>L2$.')&?&'1.'($'1&#'>,.2($#'"?C$,"&#'F*$'
#$ ' :*$,&2 ' #*)$("$2(& ' $2 ' 1. ' 3&2.E ' ($#($ ' $1 ' .#","& ' $2 ' $1 ' #">1& ' i555 ' .<a< ' ; ' $1'
2$&+.+"1&2"&E').#"'*2'#">1&'($#C*L#E'8.#-.')*1?"2.,'$2'$1'C$,#.E'C,$#$2-.2(&'.#K'.1'
?$2&#'*2.':.)8.(.'$c-$,"&,'*2":&,?$'($'*2'?*2(&'"2-$,"&,'?*)8&'?H#'("B$,#&';'
B.,".(&< ' D. ' *-"1"(.( ' ($ ' (")8. ' ,$:$,$2)". ' J2"). ' F*$(. ' C.-$2-$ ' $2 ' $1 ' ,$1.-& ' ($'
h$,6(&-&E'F*$'*-"1"3.')&?&'8"1&')&2(*)-&,'($'#*'($#),"C)"62'($1'?*2(&')&2&)"(&'$1'
$#F*$?.')1.,":").(&,';'&,($2.(&'F*$',$C,$#$2-.+.'$1'"?C$,"&'.F*$?L2"(.<'a*.2(&'
-&(.BK. ' 2& ' $c"#-K. ' $2 ' $1 ' 8&,"3&2-$ ' $#-. ' )6?&(. ' ,$:$,$2)". ' >1&+.1 ' ; ' #* ' C,"2)"C.1'
)&2-.)-&'#$'8.)K.'.'-,.BL#'($'1.#'C&+1.)"&2$#'.,.?$.#'($1'2&,-$'($'R",".';'($'1.'
)&#-. ' 1$B.2-"2.E ' 1&# ' >,"$>&# ' *-"1"3.,&2 ' -.?+"L2 ' C.,. ' ,$:$,",#$ ' . ' $#-.# ' >$2-$# ' *2.'
J2").'$-"F*$-.'>$2$,.1"3.(&,.E')&?&'1.'($':$2")"&#E'F*$'#$'.C1").+.'"2("#-"2-.?$2-$'.'
C*$+1&#'+"$2'(":$,$2-$#'F*$'8.+"-.+.2'.F*$11.#',$>"&2$#')*;&'($2&?"2.(&,')&?J2'
$,.'#*'"?C1").)"62'$2'1.#'.)-"B"(.($#')&?$,)".1$#'F*$'($#$?+&).+.2'$2'1.'3&2.'($1'
4>$& ' -,.2#C&,-.2(& ' $2 ' #*# ' +.,)&# ' -.2-& ' C,&(*))"&2$# ' 1&).1$# ' )&?& ' ($ ' &-,.#'
C,&)$($2)".#'?H#'1$I.2.#<
b&, ' $1 ' )&2-,.,"&E ' $2 ' 1.# ' ,$>"&2$# ' ($1 ' S$("-$,,H2$& ' &))"($2-.1 ' 2& ' $c"#-K.'
2"2>*2.'$2-"(.('C&1K-").'($'1.'$2B$,>.(*,.'($'1&#'"?C$,"&#'.2-$#')"-.(&#'F*$'C*("$,.'
$2>1&+.,'+.I&'*2'J2")&'2&?+,$'-&(.'*2.',$.1"(.('?H#'("B$,#":").(.';')&2),$-.<'41'
J2")& ' ).2("(.-& ' B"#"+1$ ' $,. ' a.,-.>&E ' C$,& ' ("B$,#.# ' )",)*2#-.2)".# ' "?C$(K.2 ' $#-.'
&C$,.)"62 '.>1*-"2.2-$< 'f2.'$,.'#*'-.,(K. '.C.,")"62 '$2 '$#)$2.E';. 'F*$':*$'#61& '.'
C.,-",'($1'#">1&'i5'.<a<')*.2(&'$?$,>"6'$2'1.')&2)"$2)".'>,"$>.')&?&'*2.')&?*2"(.('

%)

C&1K-").'C1$2.?$2-$'($#.,,&11.(.<'e-,.'2&'?$2&#'($-$,?"2.2-$':*$'1.',$(*))"62'($'
#*#'(&?"2"&#'.'1.#',$>"&2$#'2&,-$.:,").2.#';'.'.1>*2.#'($'1.#'"#1.#'&))"($2-.1$#E'F*$'
($I.+. ' :*$,. ' ($ ' #* ' H,$. ' ($ ' "2:1*$2)". ' -&(& ' $1 ' "2-$,"&, ' ($1 ' )&2-"2$2-$ ' $*,&C$&E'
)&2#"($,.(& ' .($?H# ' $1 ' ?H# ' >,.2($ ' ; ' $c-$2#& ' ($ ' 1&# ' $c"#-$2-$#< ' a.,-.>& ' $,.'
)&2#"($,.(. ' C&, ' 1&# ' >,"$>&# ' *2. ' >,.2 ' C&-$2)". ' 2.B.1 ' F*$ ' 8.+K. ' $c-$2("(& ' #*#'
(&?"2"&#'C&,'1.#',$>"&2$#'?H#',$?&-.#'($1'?.,'$c-$,"&,'.'1.#'a&1*?2.#'($'h$,.)1$#'
=$1'$#-,$)8&'($'N"+,.1-.,@'F*$')$,,.+.2'$1'?*2(&')&2&)"(&<'0#K'1&',$B$1.'$1'8$)8&'
#">2":").-"B&'($'F*$'*2'-$c-&'($':"))"62'($'1.'1"-$,.-*,.'8$1$2K#-").E'$1'($2&?"2.(&'
O).%6&' # +) # G"2;2E ' F*$ ' $2 ' 1&# ' )H1)*1&# ' ?H# ' &C-"?"#-.# ' ,$:1$I.,K. ' *2. ' $cC$(")"62'
).,-.>"2$#.'($'1.#')&#-.#'.-1H2-").#'.:,").2.#E'#$.'.-,"+*"(&E')&?&'*2'.)-&'$B"($2-$'
($ ' 1$>"-"?.)"62 ' 1"-$,.,".E ' C,$)"#.?$2-$ ' . ' *2 ' .1?",.2-$ ' ).,-.>"2L#E ' )&2#"($,.(& ' $1'
C,&-.>&2"#-.'?H#'),$K+1$'$2'*2'-"C&'($'$cC$(")"62'#"?"1.,<'R*')&2#-"-*)"62'C&1K-").';'
#*# ' "2#-"-*)"&2$# ' :*$,&2 ' &+I$-& ' ($ '1. ' .(?",.)"62 ' ($ '0,"#-6-$1$# ' F*$ ' 1. ' "2)1*;6 ' #"2'
(*(.,'$2-,$'$1'$1$2)&'($'1&#'UVX'(":$,$2-$#'#"#-$?.#'C&1K-")&#'F*$')&2:&,?.+.2'1.'
+.#$'$cC$,"?$2-.1'C.,.'*2'$#-*("&'?H#'.':&2(&'($'1.':&,?.'($'>&+"$,2&'"($.1<'R"2'
$?+.,>&E ' #* ' $#-.-*,. ' )&?& ' "?C$,"& ' 2& ' .1).236 ' 2*2). ' 1. ' )&2#"($,.)"62 ' ($ ' 1&#'
>,.2($#'"?C$,"&#'&,"$2-.1$#')&?&'$1'C$,#.'.'C$#.,'($'1.#')&2#-.2-$#'1*)8.#'8.+"(.#'
$2'$1'H?+"-&'($1'S$("-$,,H2$&'&))"($2-.1'$2-,$').,-.>"2$#$#';'>,"$>&#'C&,'$1'(&?"2"&'
($ ' 1. ' R")"1". ' &))"($2-.1< ' D.# ' C,$-$2#"&2$# ' C,&C.>.2(K#-").# ' ($ ' 1&# ' >,"$>&# ' ($'
e))"($2-$ ' C&, ' C.,.2>&2., ' #* ' >*$,,. ' )&2-,. ' 1&# ' ).,-.>"2$#$# ' )&2 ' 1.# ' >,.2($#'
).?C.%.# ' )&2-,. ' 1&# ' C$,#.# ' ($1 ' C,"?$, ' -$,)"& ' ($1 ' #">1& ' i ' .<aE ' "2-$2-.2(&'
"2:,*)-*&#.?$2-$'8.)$,')&"2)"(",'$2'1.'?"#?.':$)8.'1.'+.-.11.'($'hK?$,.')&2'1.'($'
R.1.?"2.E'8.+1.2'.'1.#')1.,.#'($1'$#-L,"1'$#:*$,3&',$.1"3.(&'C&,'$1$B.,'1.').-$>&,K.'($'
*2',"B.1'F*$'($2-,&'($1'"?.>"2.,"&'>,"$>&'2&'>&3.+.'($1'?"#?&'C$#&';'$2-"(.('F*$'
1&#'?*)8&'?H#'$?+1$?H-")&#'C$,#.#<
01'">*.1'F*$'$2'e,"$2-$E'C$,&')&2'?.;&,'("B$,#"(.(E'1&#'>,"$>&#',$)*,,"$,&2'
-.?+"L2'.'$-"F*$-.#'($').,H)-$,'>$2L,")&'C.,.'($2&?"2.,'.'1.#'2*?$,&#.#'$-2".#'
F*$':*$,&2'$2)&2-,.2(&'.'1&'1.,>&'($'-&(&'$#-$'C$,K&(&'$2'#*'$cC.2#"62'C&,'-"$,,.#'
($'*1-,.?.,<'D.#'("#-"2)"&2$#'$,.2'.8&,.'?*)8&'?H#'.+"$,-.#';'?$2&#')&2),$-.#E';.'
F*$'.C$2.#'$2)&2-,.+.2',$:$,$2-$#'>$&>,H:")&#'+"$2'($:"2"(&#E')&?&'#*)$(K.'$2'$1'
).#& ' ($ ' 4>"C-& ' .,-")*1.(& ' -$,,"-&,".1?$2-$ ' $2 ' -&,2& ' .1 ' ]"1&E ' & ' ($ ' 1&# ' :$2")"&#E'
$#).1&2.(&#'.'1&'1.,>&'($'1.')&#-.'#","&mC.1$#-"2.<'f-"1"3.,&2'.#K'$1'-L,?"2&'>$2L,")&'
($'$#)"-.#'C.,.'$2>1&+.,'.'-&(.#'1.#'$-2".#'($')*1-*,.'26?.(.'F*$'8.+"-.+.2'1.#'
"2-$,?"2.+1$#'$#-$C.#',*#.#'.'C.,-",'($'1.#')&#-.#'($1'?.,']$>,&<'!$#">2.,&2')&?&'
-,.)"&# ' . ' 1&# ' 8.+"-.2-$# ' ($ ' *2 ' .?C1"& ' -$,,"-&,"& ' F*$ ' .+.,).+. ' ($#($ ' 1.# ' ,"+$,.#'
&))"($2-.1$#'($1'?.,']$>,&'8.#-.'1.#'3&2.#'?H#'#$C-$2-,"&2.1$#'($1'4>$&E'C.#.2(&'
C&,'$1')*,#&'"2:$,"&,'($1'!.2*+"&<'b.,.'1.#'C*$+1&#'F*$'8.+"-.+.2'-&(&'$1'"2-$,"&,'($1'
)&2-"2$2-$'$*,&C$&E'$#C$)".1?$2-$'$2'#*#',$>"&2$#'?H#'&))"($2-.1$#E'*-"1"3.,&2'$1'
-L,?"2&'($')$1-.#E'F*$'1$#'.)&?C.%6'-.?+"L2'(*,.2-$'#*#')&2&)"(.#'?">,.)"&2$#'
8.)".'e,"$2-$')*.2(&'$2'$1'#">1&'555'.<a'",,*?C"$,&2'B"&1$2-.?$2-$'$2'#*$1&'>,"$>&'
11$>.2(& ' 8.#-. ' $1 ' ?"#?K#"?& ' #.2-*.,"& ' ($ ' !$1:&#< ' 4#-.# ' $-"F*$-.# ' ($ ' ).,H)-$,'
>1&+.1"3.(&,E')*;.'*-"1"(.('($#),"C-"B.'8.'F*$(.(&'+"$2'C,&+.(.'C&,'1.')&2-"2*"(.('($'
#* ' *#& ' 8.#-. ' 2*$#-,&# ' (K.#E ' . ' C$#., ' ($ ' #*# ' ,$)&2&)"(.# ' ; ' . ' B$)$# ' "2#.1B.+1$#'
(":$,$2)".#')*1-*,.1$#E'2&').,$)K.2'($')"$,-&'#$2-"(&'8"#-6,")&<'R$,BK.2E'$2'1.'C,H)-").E'
C.,.'.*2.,'($2-,&'($'*2.').-$>&,K.'?H#'.?C1".')"$,-.#'C$)*1".,"(.($#'$-2&>,H:").#'
)&?*2$# ' F*$ ' 8.+K.2 ' #"(& ' &+#$,B.(.#' ($ ' ?.2$,. ' ?H# ' $?CK,"). ' $2 ' *2. ' ,$.1"(.('
?*)8&'?H#'(":*?"2.(.'$2'-,"+*#';'C*$+1&#'#"2>*1.,$#';')&2),$-&#')&2'#*#'C,&C".#'
)&#-*?+,$# ' $ ' "("&#"2),.#".< ' D&# ' C,&C"&# ' >,"$>&# ' $,.2 ' +"$2 ' )&2#)"$2-$# ' ($1 ' B.1&,'

%!

>1&+.1 ' F*$ ' C&#$K.2 ' $#-. ' )1.#$ ' ($ ' -L,?"2&#E ' ;. ' F*$ ' )*.2(& ' -$2K.2 ' *2 ' ?$I&,'
)&2&)"?"$2-& ' (",$)-& ' ($1 ' -$,,"-&,"& ' $2 ' )*$#-"62 ' ,$)*,,K.2 ' . ' ($#">2.)"&2$# ' ?H#'
$#C$)K:").#E')&?&'1.#'($'1.#'2*?$,&#.#'-,"+*#'-,.)".#'&'$#)"-.#'F*$'#$'?$2)"&2.2'$2'
$1',$1.-&'($'h$,6(&-&')&,,$#C&2("$2-$'.'$#-.# ',$>"&2$#'($1'&,+$<'!$'8$)8&E'$#-$'
.+.2")& ' ($ ' ($#">2.)"&2$# ' #$ ' .?C1"6 ' ($ ' :&,?. ' )&2#"($,.+1$ ' (*,.2-$ ' $1 ' C$,K&(&'
,&?.2&E ' )*.2(& ' $1 ' "?C.,.+1$ ' .B.2)$ ' ($ ' 1.# ' 1$>"&2$# ' C&, ' $1 ' "2-$,"&, ' ($ ' 4*,&C.'
C$,?"-"6'*2')&2&)"?"$2-&'?H#'"2?$(".-&';'(",$)-&'($'#*',$.1"(.(E'-.1';')&?&'C*$($'
)&?C,&+.,#$ ' $2 ' $1 ' ).#& ' ($ ' 1. ' C$2K2#*1. ' "+L,").E ' (&2($ ' ).-$>&,K.# ' ?H# ' .?C1".#'
)&?&'1.#'($'"+$,&#';')$1-K+$,&#'#&2'$cC.2("(.#'$2'*2'#"2:K2'($'C*$+1&#')&2),$-&#'
F*$'($#:"1.2'.2-$'2&#&-,&#'$2'1.#'CH>"2.#'($1'1"+,&'555'($'1.'P)'B."AF"'($'4#-,.+62'&'
($'1.'G%/('.%"'.'5"2"'($'0C".2&<
\"$2':*$,.'.'-,.BL#'($'($#">2.)"&2$#'>1&+.1$#'&'?H#'$#C$)K:").#E'$1'8$)8&'
)"$,-& ' $# ' F*$ ' 1&# ' >,"$>&# ' ,$)&2&)K.2 ' *2. ' )1.,. ' #*C$,"&,"(.( ' ($ ' #* ' 2"B$1 ' )*1-*,.1'
,$#C$)-&'.1'($').#"'-&(.#'$#-.#'C&+1.)"&2$#<'D.'?.;&,K.'($'$11.#'C,.)-").+.2'*2.'
:&,?. ' ($ ' B"(. ' 26?.(.E ' #"$?C,$ ' )&2#"($,.(. ' C,"?"-"B. ' ; ' ($#.:".2-$ ' C&, ' 1.#'
)&?*2"(.($# ' #$($2-.,".#E ' )*;& '5'+9/ # M%M)2+%' $,. ' )&2#"($,.(&E ' 16>").?$2-$E ' $1'
C,&-&-"C& ' "($.1 ' ($ ' 1. ' )"B"1"3.)"62< ' S*)8&# ' ($ ' 1&# ' ($2&?"2.(&# ' C*$+1&# ' +H,+.,&#'
8.+"-.+.2 ' $2 ' .1($.# ' ; ' 2& ' $2 ' )"*(.($#E ' "+.2 ' #"$?C,$ ' .,?.(&# ' ; ' #$ ' ($(").+.2'
C,$:$,$2-$?$2-$ ' .1 ' #.F*$& ' ; ' 1. ' C",.-$,K.E ' *2. ' C,.)-"). ' F*$E ' )&?& ' 2&# ' ,$)*$,(.'
h$,6(&-&E ' $,. ' )&2#"($,.(. ' $2-,$ ' 1&# ' -,.)"&# ' *2. ' ?.2$,. ' ($ ' B"(. ' 8&2&,.+1$< ' R*#'
)&#-*?+,$#';'#*#')&?C&,-.?"$2-&#',$#*1-.+.2'*2'-.2-&'#&,C,$2($2-$#'B"#-&#'($#($'
1.'6C-").'>,"$>.E'11$>.2(&'.',&3.,'$2'.1>*2&#').#&#'$1'$#-.("&'($'B"(.'.2"?.1E')&?&'
#$',$:1$I.'$2'?*)8&#'($'1&#')&?$2-.,"&#'($#C1$>.(&#'.1'8"1&'($'1.'($#),"C)"62'($'#*#'
:&,?.#'($',$1.)"62'#$c*.1'&'($'#*#'8H+"-&#':*2$,.,"&#<'4#-.'#$2#.)"62'($'("#-.2)".'
$2-,$'*2'?*2(&';'&-,&E'F*$'F*"3H',$#*1-.+.'$B"($2-$';.'($#($'$1'C,"2)"C"&E'#$':*$E'#"2'
$?+.,>&E')&2#&1"(.2(&')&2'$1'C.#&'($1'-"$?C&'.1'",,*?C",'$2'$1'?*2(&'>,"$>&E';.'$2'
LC&).')1H#").E'*2.'"?C&,-.2-$'?.#.'($'$#)1.B&#'C,&)$($2-$#'($'$#.#',$>"&2$#'($1'
2&,-$'F*$'"1*#-,.+.2'($':&,?.'"2?$(".-.'1&#'$#-$,$&-"C&#'$#-.+1$)"(&#<
D.#',$1.)"&2$#'($'1&#'>,"$>&#')&2'-&(&#'1&#'C*$+1&#'"2(K>$2.#'F*$'8.+"-.+.2'
1.#',$>"&2$#'C&,'1.#'F*$'#$'($#C1$>6'#*'$cC.2#"62'.'1&'1.,>&'($1'C$,K&(&'.,).")&'2&'
#$'.I*#-.2'$2'?&(&'.1>*2&'.'*2'J2")&'C.-,62')&?J2E'#"2&'F*$')&2:">*,.2'*2.'.?C1".'
>.?.'($'#"-*.)"&2$#'+"$2'(":$,$2-$#<'42)&2-,.?&#'.#K').#&#'($'.?+&#'$c-,$?&#E'
)&?&'.F*$11&# '$2'1&#'F*$'1.#',$1.)"&2$# ':*$,&2';. '($#($'*2'C,"2)"C"&'($'.+"$,-.'
8&#-"1"(.( ' $ ' "?C1").,&2 ' 1. ' "?C&#")"62 ' B"&1$2-. ' ($ ' 1&# ' ,$)"L2 ' 11$>.(&# ' #&+,$ ' 1.'
C&+1.)"62'1&).1E'I*2-&')&2'&-,&#'$2'1&#'F*$'1.#'2&,?.#'"?C$,.2-$#':*$,&2E'$2').?+"&E'
1. ' )&1.+&,.)"62 ' ; ' $1 ' $2-$2("?"$2-& ' )&2 ' 1&# ' "2(K>$2.#< ' 42-,$ ' .?+&# ' $c-,$?&# ' #$'
C,&(*I$,&2'-.?+"L2'&-,.#'?*)8.#'C&#"+"1"(.($#E')&?&'.F*$11.#'#"-*.)"&2$#'$2'1.#'
F*$'1.'.?"#-.('"2")".1':*$'#$>*"(.'($'*2'"?C&,-.2-$'($-$,"&,&';'C,&B&)6'"2)1*#&'1.'
($#.C.,")"62':"2.1'($1'$#-.+1$)"?"$2-&'>,"$>&'.'?.2&#'($'1&#'.-.F*$#'($'1&#'C*$+1&#'
)",)*2(.2-$#'&'.F*$11.'&-,.'$2'1.'F*$'#$'C,&(*I&'$1'?.2-$2"?"$2-&'($'*2.',$1.)"62'
"2-$,$#.(.'C&,'.?+.#'C.,-$#'.'1.'B"#-.'($'1&#'?*-*&#'+$2$:")"&#'F*$')&?C&,-.+.<'42'
1.'?.,)8.'($'1.#')&#.#'"2:1*K.2'(":$,$2-$#':.)-&,$#E')&?&'1.'.)-"-*('?H#'&'?$2&#'
.?">.+1$ ' ($ ' 1.# ' C&+1.)"&2$# ' 1&).1$#E ' #* ' ?.;&, ' & ' ?$2&, ' ).C.)"(.( ' ?"1"-., ' C.,.'
.?$(,$2-., ' . ' 1&# ' ,$)"L2 ' 11$>.(&#E ' 1. ' ("#C&2"+"1"(.( ' ($ ' 1&# ' ?$("&# ' 8*?.2&#'
#*:")"$2-$#'C.,.'.+&,(.,')&2'C1$2.#'>.,.2-K.#'*2.'&)*C.)"62')&?C1$-.'($1'-$,,"-&,"&E'
1. ' 2$)$#"(.( ' )",)*#-.2)".1 ' ($ ' )&1.+&,.)"62 ' $2-,$ ' *2&# ' ; ' &-,&# ' :,$2-$ ' . ' $2$?">&#'
)&?*2$# ' ?H# ' C&($,&#&# ' & ' 1. ' #"?C1$ ' $:").)". ' ; ' .>"1"(.( ' $2 ' 1. ' )",)*1.)"62 ' ($ ' 1&#'
C,&(*)-&# ' ($ ' "2-$,).?+"& ' F*$ ' )&?C,.+.2 ' 1$.1-.($# ' $2 ' 1.# ' L1"-$# ' (",">$2-$# ' ;'

%"

#.-"#:.)K.2 ' .1>*2.# ' ).,$2)".# ' ($ ' 1. ' C&+1.)"62 ' 1&).1< ' a&2B"$2$ ' ,$)&,(., ' . ' $#-$'
,$#C$)-& ' F*$ ' 1&# ' $?C1.3.?"$2-&# ' >,"$>&# ' C,$#-.+.2 ' *2. ' )&2#"($,.+1$ ' >.?. ' ($'
#$,B")"&#'.'1.#')&?*2"(.($#'"2(K>$2.#E';'$2'C.,-")*1.,'.'#*#'L1"-$#'(",">$2-$#E'($#($'
1.'C,&B"#"62'($'C,&(*)-&#')&?&'$1'B"2&E'1.')$,H?").';'&-,&#'*-$2#"1"&#'($'1*I&E'F*$'
)&2-,"+*K.2'.',$.13.,'$1'C,$#-">"&'#&)".1'($'#*#'C,&C"$-.,"&#E'8.#-.'1.'.)*%.)"62'($'
?&2$(. '& '1.')&1.+&,.)"62';'.#$#&,.?"$2-&'?"1"-., '$2 '1.#'1*)8.# '"2-$,2.#'&'$2 '1.'
($:$2#.')&2-,.'.>,$#"&2$#'$c-$,2.#<
a.#&# ' ($ ' &)*C.)"62 ' B"&1$2-. ' ($1 ' -$,,"-&,"& ' -,.# ' 1. ' 11$>.(. ' ($ ' 1&# ' C,"?$,&#'
>,"$>&#'$#-H2'.?C1".?$2-$'.-$#-">*.(&#'$2'2*$#-,.#':*$2-$#<'D.'C,$#$2)".'($'1&#'
)&,"2-"&# ' $2 ' 1. ' "#1. ' ($ ' e,-">". ' $2 ' R")"1". ' )&?C&,-6 ' 1. ' $cC*1#"62 ' ($ ' 1&# ' C&+1.(&,$#'
#K)*1&# ' C,$B"&# ' F*$ ' 8.+"-.+.2 ' 1. ' 3&2.< ' f2. ' #"-*.)"62 ' ($ ' $2:,$2-.?"$2-& ' #$ ' ("&'
-.?+"L2 ' $2 ' 1. ' "#1. ' ($ ' T.#&# ' ; ' 1. ' )&#-. ' .(;.)$2-$ ' )*.2(& ' 1&# ' C.,"&# ' "2-$2-.,&2'
$#-.+1$)$,#$'$2'1.',$>"62':,$2-$'.'1.'8&#-"1"(.('($'1&#'+$1")&#&#'-,.)"&#'F*$';.'1.'
&)*C.+.2E'-.1';')&?&')&2&)$?&#'C&,'$1'-$#-"?&2"&'($1'C&$-.'0,F*K1&)&'$2'$1'#">1&'i55'
.<aE'F*$'C&(,K.'8.+$,'-&?.(&'C.,-$'$2'1.'$?C,$#.<'42'&-,.#'&).#"&2$#'1&#'"2-$2-&#'
($ ' &)*C.)"62 ' >,"$>. ' :,.).#.,&2 ' ($ ' :&,?. ' $#-,$C"-&#. ' .2-$ ' 1. ' :*$,-$ ' ,$#"#-$2)".'
&C*$#-.'C&,'1&#'"2(K>$2.#E')&?&'#*)$("6'$2'1.',$>"62'($'T,.)".')$,).2.'.'1.')"*(.('
($'0+($,.E')*.2(&'1&#')&1&2&#'11$>.(&#'($'a1.36?$2.#'$2'0#".'S$2&,'-*B"$,&2'F*$'
,$2*2)".,'.'1.'-$2-.-"B.E'&'$2'1.'C.,-$'&))"($2-.1'($'R")"1".E'(&2($'1&#'L1"?&#E')&2'1.'
"2$#-"?.+1$ ' )&1.+&,.)"62 ' ($ ' 1&# ' ).,-.>"2$#$#E ' ,$)8.3.,&2 ' -&(&# ' 1&# ' "2-$2-&# ' ($'
C$2$-,.)"62 ' >,"$>. ' $2 ' 1. ' 3&2.< ' D. ' #"-*.)"62 ' ($ ' 8&#-"1"(.( ' .+"$,-. ' )&2)1*;6E ' $2'
.1>*2&#').#&#')&2'$1'#&?$-"?"$2-&'($'1.#'C&+1.)"&2$#'"2(K>$2.#'.1'$#-.-*#'($'?.2&'
($'&+,.'#$,B"1'($C$2("$2-$E'F*$'$,.'*-"1"3.(.'$2'$1')*1-"B&'($'1.#'-"$,,.#'F*$'.8&,.'
C$,-$2$)K.2'.'1.'2*$B.')&?*2"(.('>,"$>.'.#$2-.(.'$2'$1'1*>.,E')&?&'#*)$("6')&2'
1&#'j"1","&#'($'R",.)*#.'$2'R")"1".'&')&2'1&#'?.,".2("2&#'$2'1.')"*(.('($'h$,.)1$.'
b62-").'$2'1.')&#-.'2&,-$'($'0#".'S$2&,<'42'&-,&#E'1&'F*$'$2'*2'C,"2)"C"&'8.+K.'#"(&'
*2.'&)*C.)"62'C.)-.(.';'C.)K:").'.).+6')&2B",-"L2(&#$')&2'$1'C.#&'($1'-"$?C&'$2'
*2.')&2:,&2-.)"62'.+"$,-.')&2'1&#'"2(K>$2.#'-,.#'"2")".,#$'1.'$cC.2#"62'>,"$>.'8.)".'
1.#'-"$,,.#'($1'"2-$,"&,'F*$'&)*C.+.2'.F*L11&#E')&?&'&)*,,"6'$2'$1').#&'($'a",$2$'$2'
$1'2&,-$'($'n:,").'&'$2'$1'($'RK+.,"#'$2'$1'#*,'($'5-.1".<
D&# ' $2:,$2-.?"$2-&# ' B"&1$2-&# ' )&2 ' 1&# ' "2(K>$2.# ' 2& ' #"$?C,$ ' -$2K.2 ' 1*>.,'
(*,.2-$'1.'C,"?$,.':.#$'($'"2#-.1.)"62';')&2#&1"(.)"62'($1'$#-.+1$)"?"$2-&'>,"$>&<'42'
?*)8&#').#&#'#$'C,&(*I&'1.')",)*2#-.2)".'($'F*$E ')&2'$1'C.#&'($1'-"$?C&E'$#-.#'
)&?*2"(.($# ' "2(K>$2.# ' ($1 ' "2-$,"&, ' ($#.,,&11.,&2E ' C,$)"#.?$2-$ ' . ' -,.BL# ' ($ ' 1.'
"2:1*$2)". ' >,"$>.E ' 2*$B.# ' :&,?.# ' ($ ' &,>.2"3.)"62 ' #&)".1E ' C&1K-"). ' ; ' ?"1"-., ' F*$'
)&2(*I$,&2'.'1.')&2#-"-*)"62'($'2*$B.#'L1"-$#'#$?"8$1$2"3.(.#')*;.'.#C",.)"62'$,.'
&)*C.,'.8&,.'$1'1*>.,'C,"B"1$>".(&'($#($'*2'C*2-&'($'B"#-.')&?$,)".1';'$#-,.-L>")&'$2'
F*$ ' 8.+K. ' .).+.(& ' )&2B",-"L2(&#$ ' $1 ' $#-.+1$)"?"$2-& ' >,"$>& ' ($ ' #* ' $2-&,2&< ' D&#'
.-.F*$#E'$2'.1>*2&#').#&#'($:"2"-"B&#E'#*:,"(&#'C&,'.1>*2.#'($'1.#')"*(.($#'>,"$>.#'
($ ' 5-.1". ' C&, ' C.,-$ ' ($ ' 1&# ' C*$+1&# ' )",)*2(.2-$#E ' )&?& ' a*?.# ' C&, ' 1&# ' $-,*#)&#E'
T.,$2-&'C&,'1&#';HC">&#E'RK+.,"#'C&,'1&#'+,*-"&#';'a.C*.'C&,'1&#').?C.2&#E'&+$($)$2'
.'$#-.'("2H?").<'D.'$?$,>$2)".'($'1&#'$1$?$2-&#'"2(K>$2.#'($1'#*,'($'5-.1".';'R")"1".E'
F*$'-*B&'1*>.,'.'1&'1.,>&'($'1&#'#">1&#'i';'5i'.<aE'C,&B&)6'*2'B"&1$2-&'C,&)$#&'($'
p($#)&1&2"3.)"62q'F*$'11$B6'.'.:",?.,'.'.1>J2'.*-&,'($1'C$,K&(&'8$1$2K#-")&E'*-"1"3.(&'
C&,'4#-,.+62')&?&':*$2-$E'F*$'-&(.'1.',$>"62'($2&?"2.(.'S.>2.'N,$)".'#$'8.+K.'
.8&,.'+.,+.,"3.(&'8.#-.'-.1'C*2-&'F*$E'.'$c)$C)"62'($'1.#')&?*2"(.($#'($'T.,$2-&E'
A$>"& ' ; ' ]HC&1$#E ' $1 ' ,$#-& ' ($ ' 1. ' 3&2. ' 8.+K. ' #"(& ' :"2.1?$2-$ ' .+#&,+"(& ' C&, ' 1&#'
"2(K>$2.#'1*).2"&#E'+,*-"&#';').?C.2&#<'41'($#.,,&11&'C,&>,$#"B&'($'.1>*2&#',$"2&#'

%#

"2(K>$2.#')&?C&,-6E'$2'$:$)-&E'1.'"2)1*#"62'($'1.#')&?*2"(.($#'>,"$>.#'$c"#-$2-$#'
$2'#*#')&2-&,2&#'&'$2'#*'H,$.'($'"2:1*$2)".E')&?&'#*)$("6')&2'1.#')"*(.($#'>,"$>.#'
$c"#-$2-$#'$2'1&#',$"2&#'-,.)"&#'.1'2&,-$'($1'4>$&'&')&2'1.'C,&?&)"62'($'b.2-").C$&'
)&?&'2*$B&')$2-,&'*,+.2&'($1'$?$,>$2-$',$"2&'($1'\&#:&,&'$2'1.'.)-*.1',$>"62'($'
a,"?$.<
41'$2)*$2-,&'B"&1$2-&')&2'&-,&#'C*$+1&#'($2-,&'($1'H?+"-&'($'$cC.2#"62'>,"$>.'
2&'#"$?C,$'-*B&')&?&'.2-.>&2"#-.#'.'1.'C&+1.)"62'1&).1<'42'.1>*2.#'&).#"&2$#':*$'
?H#'+"$2'$1',$#*1-.(&'($'1.',$C$2-"2.'",,*C)"62'($'C&+1.)"&2$#'26?.(.#'$2'1.'3&2.E'
)&?&'1.'($'1&#')"?$,"&#'$2'0#".'S$2&,'(*,.2-$'$1'#">1&'i55'.<a<'F*$'C,&B&)6'*2.'
&1$.(. ' ($ ' ($#-,*))"&2$# ' ?.#"B.# ' C&, ' -&(. ' 1. ' ,$>"62E ' )&2),$-H2(&#$ ' . ' B$)$# ' $2'
)"*(.($#'>,"$>.#')&?&'RK2&C$E'F*$':*$,&2'+1.2)&'(",$)-&'($'1.'.))"62'.>,$#&,.'($'
1&#'"2B.#&,$#<'42'&-,&#').#&#'1&#',$#C&2#.+1$#'(",$)-&#'($'1.'($#.C.,")"62'&'($'1.'
($).($2)". ' ",,$B$,#"+1$ ' ($ ' 1.# ' )&?*2"(.($# ' >,"$>.# ' $#-.+1$)"(.# ' $2 ' #* ' H,$. ' ($'
"2:1*$2)".':*$,&2'1&#'"?C$,"&#'(&?"2.2-$#'($1'?&?$2-&E')&?&'1&#'.#","&#'$2'$1'#">1&'
i555'.<a<'$2'$1').#&'($'T.,#&'$2'$1'#*,'($'0#".'S$2&,E'&'1&#').,-.>"2$#$#'$2'$1'i5'.<aE'
$2'$1'($'1.#')"*(.($#'#")"1".2.#'($'hK?$,.E'0>,">$2-&';'N$1.<'D&#'$:$)-&#'C,&B&).(&#'
C&,'(")8.#'.))"&2$#'($+"$,&2'($'?.,).,E'#"2'(*(.E'($':&,?.'($)"#"B.'1.')&2)"$2)".'
>,"$>.'.'1.'8&,.'($'C$,)"+",'.1'p&-,&qE'-,.#1.(H2(&1&'($'?.2$,.'?$-.:6,").'.'1*>.,$#'
($'1.'>$&>,.:K.'"?.>"2.,".'-.2'#"2"$#-,&#')&?&'$1'h.($#E')&?&'C*(&'8.+$,'#"(&'$1'
).#&'($'1&#')"-.(&#')"?$,"&#')&2B$,-"(&#'$2'*2'C*$+1&'?*;'C.,$)"(&E'F*$',$)&,(.+.'
#"2'(*(.'$1'2&?+,$'($'1&#'-$?"(&#'"2B.#&,$#'($1'2&,-$E'#"-*.(&'$2'1.#'"2?$(".)"&2$#'
($1 '?*2(& '($' 1&#' ?*$,-&# '$2' 1. 'K+%/)"' 8&?L,").E '(&2($' .C.,$)$2 ',&($.(&# '($'
&#)*,"(.(';'-"2"$+1.#')&?&'*2.'#"?+61").'B$2>.23.'($'#*#'-$,,"+1$#'($B.#-.)"&2$#<'
T.?+"L2'1.'"?.>$2'2$>.-"B.'($'1&#').,-.>"2$#$#'F*$'.C.,$)K.',$:1$I.(.'$2'.1>*2.#'
($'1.#':*$2-$#'#")"1".2.#'F*$'8.2'($I.(&'#*#'$)&#'$2'1.'-,.(")"62'C&#-$,"&,',$)&>"(.'
C&,'T"?$&'$#E'#$>*,.?$2-$E')&2#$)*$2)".'(",$)-.'($'1.',"B.1"(.('#&#-$2"(.')&2'$11&#'
C&,'$1')&2-,&1';'$1'(&?"2"&'($'1.'C.,-$'&))"($2-.1'($'1.'"#1.'(*,.2-$'*2'1.,>&'C$,K&(&'
($'-"$?C&<
D.',$1.)"62'($'1&#'>,"$>&#')&2'1&#'"2(K>$2.#'#$'?.2-*B&'-.?+"L2E'$2'?*)8.#'
&).#"&2$#E ' $2 ' -L,?"2&# ' ($ ' )&,(".1"(.( ' ; ' )&1.+&,.)"62E ' )&?& ' ,$B$1.2 ' 1&#'
$#-.+1$)"?"$2-&#'($').,H)-$,')&?$,)".1')*;.':"2.1"(.('C,"2)"C.1'$,.'$1')&?$,)"&')&2'
1.#'C&+1.)"&2$#'($1'"2-$,"&,'.'-,.BL#'($'*2.')&?C1$I.',$('($'"2-$,).?+"&#'F*$'#$'
"2")".+. ' $2 ' $1 ' $?C&,"& ' >,"$>& ' ; ' $2 ' 1. ' F*$ ' C.,-")"C.+.2 ' -.?+"L2 ' .)-"B.?$2-$ ' 1&#'
,$;$3*$1&#'1&).1$#E'>.,.2-"3.2(&'1.'#$>*,"(.('($'1.#'BK.#'*-"1"3.(.#';'1.'.>"1"(.('$2'
1. ' )",)*1.)"62 ' ($ ' 1&# ' +"$2$# ' ; ' C,&(*)-&# ' F*$ ' ("#)*,,K.2 ' C&, ' $11.# ' C&, ' #$, ' C.,-$'
"2-$,$#.(.'$2'#*#'+$2$:")"&#<'4#-.#'+*$2.#',$1.)"&2$#'#$'-,.(*I$,&2'$2'1.'$,$))"62'
($ ' .1-.,$# ' ; ' $2 ' 1. ' )&2#-,*))"62 ' ($ ' #.2-*.,"&# ' $c-,.*,+.2&# ' F*$ ' :*$,&2'
)&2I*2-.?$2-$ '*-"1"3.(&#'C&,'>,"$>&# '$'"2(K>$2.#E'$2'1.')$1$+,.)"62'($'?$,).(&#'
)&?*2$#'&'$2'1.'($-$,?"2.)"62'($'3&2.#'2$*-,.1$#'$2-,$'1&#'(&?"2"&#'($'.?+.#'
)&?*2"(.($# ' F*$ ' :.)"1"-.+.2 ' 1.# ' -,.2#.))"&2$#< ' S*)8.# ' ($ ' $#-.# ' :*2(.)"&2$#'
#*,>"$,&2 ' C&, ' )&2)$#"62 ' (",$)-. ' ($ ' 1&# ' ,$;$3*$1&# ' 1&).1$#E ' F*$ ' $#-.+.2 ' ?*;'
"2-$,$#.(&# ' $2 ' 1. ' C,$#-.)"62 ' ($ ' #$,B")"&# ' F*$ ' $1 ' $#-.+1$)"?"$2-& ' >,"$>& ' 1$#'
>.,.2-"3.+.<'41').#&'($']H*),.-"#E')*;&'$#-.+1$)"?"$2-&':*$'C,&C")".(&'C&,'$1':.,.62'
$>"C)"&'0?.#"#E'$#'#$>*,.?$2-$'$1'?H#'$?+1$?H-")&'($'$#-.')1.#$'($'#"-*.)"&2$#E'
C$,&'8*+&'-.?+"L2'&-,&#'F*"3H'?$2&#')&2&)"(&#E')&?&'$1'($'1.'#")"1".2.'S$>.,.'
h"+1$.E'F*$':*$'$1',$#*1-.(&'($'1.')&2)$#"62'($1',$;'#K)*1&'h"+162E'&'$1'($'5#.'$2'$1'
0(,"H-")&E')*;&'.#$2-.?"$2-&'#$')&2#">*"6'-,.#'$1'C$,-"2$2-$')&2-,.-&'$#-.+1$)"(&')&2'
1&#' C,K2)"C$# '"1","&# ' ($ '1. '3&2.<' 4#'-.?+"L2 '?*;'C,&+.+1$E '.*2F*$' 1.# '$B"($2)".#'

%$

("#C&2"+1$# ' 2& ' ,$#*1-.2 ' -&(& ' 1& ' )&2-*2($2-$# ' F*$ ' F*"#"L,.?&# ' F*$ ' $2 ' .1>*2&#'
1*>.,$#'($-$,?"2.(&#E')&?&'52)&,&2.-.'$2'5-.1".'&'h*$1B.'$2'1.'C$2K2#*1.'"+L,").E'
(&# ' $?C1.3.?"$2-&# ' "2(K>$2.# ' F*$ ' C,$#$2-.2 ' "2$F*KB&)&# ' ,.#>&# ' .,F*$&16>")&#'
F*$'C$,?"-$2'($-$)-.,'1.'C,$#$2)".'($'>,"$>&#'$#-.+1$)"(&#'$2'$1'1*>.,';'(&2($'#$'
C,&(*I$,&2'"2-$2#&#'C,&)$#&#'($'"2-$,).?+"&'($'+"$2$#'($'("#-"2-.#'C,&)$($2)".#E'#$'
("$,.2').#&#'($'*2.')&8.+"-.)"62'C.)K:").'($'>,"$>&#'$'"2(K>$2.#<
D.# ' #"-*.)"&2$# ' ($ ' "2-$,($C$2($2)". ' $2-,$ ' >,"$>&# ' $ ' "2(K>$2.# ' :*$,&2'
2*?$,&#.#';'B.,".(.#<'01>*2.#')&?*2"(.($#'8*+"$,&2'($'>.,.2-"3.,#$'1.'"2?*2"(.('
?$(".2-$'*2.'#$,"$'($'-,"+*-&#'C.)-.(&#')&2'1&#'"2(K>$2.#'($'1.',$>"62E')&?&':*$'$1'
).#& ' ($ ' \"3.2)"& ' & ' ($ ' .1>*2.# ' ($ ' 1.# ' )"*(.($# ' ($1 ' ?., ' ]$>,& ' )&?& ' e1+".E'
#&?$-"(.#'.'$#-.'$#C$)"$'($')8.2-.I$'C.,.')&2#$>*",'#*'#*C$,B"B$2)".';'$#-.+"1"(.(<'
e-,.# ' C,&C")".,&2 ' ?$(".2-$ ' #* ' .)-"B"(.( ' $2 ' $1 ' $2-&,2& ' $1 ' #*,>"?"$2-& ' ($'
)&?*2"(.($#'?"c-.#'"2#-.1.(.#'$2'1&#'.1,$($(&,$#'($1'$#-.+1$)"?"$2-&'>,"$>&E')&?&'
C.,$)$'F*$':*$'$1').#&'($'1.#')"*(.($#'($1'?.,']$>,&'&'($'a",$2$'$2'$1'2&,-$'($'
n:,").E'F*$')&2#">*"$,&2'1.'#$($2-.,"3.)"62'C.,)".1'($'.1>*2.#'C&+1.)"&2$#'$#)"-.#';'
1"+".#',$#C$)-"B.?$2-$E'F*$'.(&C-.,&2'*#&#';')&#-*?+,$#'>,"$>.#'#$>J2'2&#'"2:&,?.'
h$,6(&-&<'42'&-,.#'&).#"&2$#E'1&#'"2-$,$#$#')&?*2$#':.)"1"-.,&2'1.'"2-$>,.)"62'($'1.#'
(&#')&?*2"(.($#'($2-,&'($1'?"#?&',$)"2-&':&,-":").(&E')&?&':*$'$1').#&'($'0?C*,".#'
$2 ' 1. ' C$2K2#*1. ' "+L,").E ' F*$ ' .)&>"6 ' ($2-,& ' ($ ' 1.# ' ?"#?.# ' ?*,.11.# ' . ' >,"$>&# ' $'
"2(")$-.#<'4#-.')&$c"#-$2)".'.C.,$2-$?$2-$'C.)K:").'8.'F*$(.(&'-.?+"L2')&2:",?.(.'
C&,'1.'.,F*$&1&>K.E'F*$'8.'($-$)-.(&')&?*2"(.($#'?"c-.#'#K)*1&m).1)"($2#$#'$2'$1'
H,$.'($'R")"1".'$2'1*>.,$#')&?&'D")&(".'&'S&,>.2-"2.<'S*)8.#')"*(.($#'>,"$>.#'($1'
H?+"-& ' p)&1&2".1qE ' $2-,$ ' 1.# ' F*$ ' ($#-.).2 ' 1.# ' .)-*.1$# ' ]HC&1$# ' & ' S.,#$11.E ' #$'
)&2B",-"$,&2')&2'$1'C.#&'($1'-"$?C&'$2')&?*2"(.($#'($'$#-.')1.#$<'D&#'?.-,"?&2"&#'
?"c-&#'$#-*B"$,62'($#($'$1'C,"2)"C"&'.'1.'&,($2'($1'(K.E';.'F*$'1&'2&,?.'$,.'F*$'1&#'
C,"?$,&# ' )&2-"2>$2-$# ' >,"$>&# ' F*$ ' .,,".2 ' . ' *2 ' 2*$B& ' $?C1.3.?"$2-& ' :*$,.2'
$c)1*#"B.?$2-$'?.#)*1"2&#';'-*B"$,.2'F*$',$)*,,",E'C&,'-.2-&E'2$)$#.,".?$2-$'.'1.'
*2"62')&2'?*I$,$#'"2(K>$2.#'($'1.'3&2.<'f2.'#"-*.)"62'$2'1.'F*$').+$2'-.?+"L2'-&(&'
-"C&'($'B.,"$(.($#E'($#($'1.'1"+,$'.)$C-.)"62'($'1.#'$1$>"(.#'8.#-.'1.'*-"1"3.)"62'($1'
,.C-&';'1.'B"&1$2)".E')&?&'8.'F*$(.(&'+"$2',$:1$I.(&'$2'2*?$,&#.#'1$;$2(.#E')&?&'
1.',$1.-"B.'.1'-.+J'$c"#-$2-$'$2-,$'1.#'?*I$,$#'($'S"1$-&'F*$'2*2).'#$'#$2-.+.2'.'1.'
?$#. ' )&2 ' 1&# ' ?.,"(&# ' 2" ' C,&2*2)".+.2 ' #*# ' 2&?+,$# ' $2 ' ,$)*$,(& ' ($ ' 1. ' ?*$,-$'
B"&1$2-.'($'#*#'C.(,$#';'?.,"(&#'C&,'&+,.'($'1&#',$)"L2'11$>.(&#E'&'$2'8"#-&,".#'($'
).,H)-$,'?H#',&?H2-")&';'$?+1$?H-")&')&?&'1.'($'1.':*2(.)"62'($'S.,#$11.E'#$>J2'
1. ' )*.1E ' 1. ' C,"2)$#. ' 1&).1 ' #$ ' ($).2-6 ' C&, ' $1 ' ,$)"L2 ' 11$>.(& ' :,$2-$ ' .1 ' ,$#-& ' ($ ' 1&#'
C,$-$2("$2-$#'1&).1$#'F*$'.#C",.+.2'.')&2#$>*",'#*'?.2&<
R"2 ' $?+.,>&E ' -.?C&)& ' $1 ' )*.(,& ' >$2$,.1 ' ,$#*1-. ' -.2 ' "("1")& ' )&?& ' C*("$,.'
C.,$)$,'.'C,"?$,.'B"#-.'#$>J2'#$'($#C,$2($'($'.1>*2&#'($'$#-&#'-$#-"?&2"&#<'D.'
)&$c"#-$2)". ' (".,". ' ($ ' >,"$>&# ' $ ' "2(K>$2.#E ' .*2 ' )&2 ' 1. ' C,$#$2)". ' "22$>.+1$ ' ($'
)&?*2"(.($# ' ?"c-.#E ' >$2$,.+. ' "?C&,-.2-$# ' C,&+1$?.# ' ; ' #"-*.)"&2$# ' )&2:1")-"B.#'
)*;.',$.1"(.('$#C$)K:").'#$'2&#'$#).C.'C&,')&?C1$-&'$2'1.'?.;&,K.'($'1&#').#&#<']&'
&+#-.2-$E'("#C&2$?&#'($'.1>*2&#'-$#-"?&2"&#'F*$'C*("$,.2',$#*1-.,'"2(").-"B&#'($'
1.#'("?$2#"&2$#')&2),$-.#'&'($'1&#',$#*1-.(&#'$#C$)K:")&#'.'F*$')&2(*I$,&2'-.1$#'
#"-*.)"&2$# ' ($ ' )&2:1")-&E ' #.+$?&# ' .#K ' F*$ ' .1>*2.# ' ($ ' 1.# ' )&?*2"(.($# ' ?"c-.#'
)&?C.,-K.2'-.2'#61&'1.#'?"#?.#'?*,.11.#'($:$2#"B.#'8.)".'$1'$c-$,"&,E';. 'F*$'1&#'
+.,,"&# ' >,"$>& ' $ ' "2(K>$2. ' #$ ' 8.11.+.2 ' )*"(.(&#.?$2-$ ' ($1"?"-.(&# ' ; ' #$C.,.(&#E'
)&?& ' C.,$)$ ' F*$ ' #*)$(K. ' -.2-& ' $2 ' ]HC&1$# ' )&?& ' $2 '0?C*,".#E ' (&2($E ' $2 ' $#-$'
J1-"?&').#&E'#$'2&#'(")$'"2)1*#&'F*$'*2'?*,&'#$C.,.+.'($#($'$1'"2-$,"&,'.'.?+.#'

%%

)&?*2"(.($#';'*2'?.>"#-,.(&'$#C$)".1'-$2K.'C&,'$2).,>&'1.'B">"1.2)".')&2-"2*.'($'1.'
J2"). ' C*$,-. ' F*$ ' (.+. ' .))$#& ' .1 ' ,$)"2-& ' "2(K>$2.< ' T.?C&)& ' .1>*2&# ' ).#&#'
.C.,$2-$# ' ($ ' )&2)&,(". ' #&2 ' 1& ' F*$ ' C.,$)$2E ' )&?& ' 1. ' $1$))"62 ' ($ ' ?.>"#-,.(&#'
$#C$)".1$#')&?&'$1'($2&?"2.(&'pB$2($(&,q'$2'1.')"*(.('>,"$>.'($'4C"(.?2&E'$2'1.'
)&#-.'($1'0(,"H-")&E'F*$'#$'8.')&2#"($,.(&'.'B$)$#')&?&'*2')1.,&'"2(")"&'($'U&#'
C,&)$("?"$2-&#'($'.C$,-*,.';'2&,?.1"3.)"62'$2'1.#',$1.)"&2$#'?*-*.#'($'>,"$>&#'$'
"2(K>$2.#<'R"'.-$2($?&#'.1'-$2&,')&?C1$-&'($'1.'2&-")".E'F*$'C,&)$($'($'b1*-.,)&E'#$'
(")$ ' $2 ' $11. ' F*$ ' (")8. ' ?.>"#-,.-*,. ' #$ ' "2#-"-*;6' )&?& ' *2. ' :&,?. ' ($ ' ).2.1"3., ' .'
-,.BL#'($'*2'#&1&'"2("B"(*&'1.#',$1.)"&2$#')&2'1.')&?*2"(.('"2(K>$2.'$'"?C$(",'.#K'
1.#'?.#"B.#';',$"-$,.(.#'B"#"-.#'($'1&#'2.-"B&#'.'1.')"*(.('>,"$>.E'*2'8$)8&'F*$'.'
I*3>.,'C&,'1&#',$#*1-.(&#'($+K.'($'#*#)"-.,'"2F*"$-*(';'("#>*#-&'$2-,$'#*#'8.+"-.2-$#<'
52)1*#& ' $2 ' *2 ' ).#& ' )&?& ' $1 ' ($ ' S.,#$11.E ' )*;. ' 8"#-&,". ' ($ ' :*2(.)"62 ' C&#$$'
.C.,$2-$?$2-$'-"2-$#'-.2',&?H2-")&#E'1.#')&#.#'#$')&?C1").,&2'C&#-$,"&,?$2-$'$2-,$'
1.#'(&#')&?*2"(.($#';'($'8$)8&':*$'2$)$#.,"&':*2(.,'*2.'#$,"$'($'C1.3.#':*$,-$#'.'
1& ' 1.,>& ' ($ ' 1. ' )&#-. ' C.,. ' C,&-$>$,#$ ' ($ ' 1&# ' "2(K>$2.# ' F*$ ' 8.+"-.+.2 ' 1.#'
"2?$(".)"&2$#'($1'A6(.2&E'#$>J2'$1'-$#-"?&2"&'($'4#-,.+62<
T.?C&)&'1&#').#&#'.2-$#'?$2)"&2.(&#'($')&1&2".#')&?&'\"3.2)"&'*'e1+".E'
&+1">.(.#'.')&2#$,B.,'#*'#$>*,"(.('?$(".2-$'$1'C.>&'($'*2'-,"+*-&'.'1&#',$;$3*$1&#'
"2(K>$2.#'($'1.'3&2.E'($+"$,&2'($'>$2$,.,'*2.'.)-"-*('?*;':.B&,.+1$'&',$)$C-"B.'C&,'
C.,-$ ' ($ ' 1&# ' >,"$>&# ' ($1 ' 1*>., ' 8.)". ' #*# ' )&.)-"B&# ' pC,&-$)-&,$#q< ' f2. ' >.?. ' ($'
#"-*.)"&2$# ' )&?C1$I. ' ; ' B.,".(.E ' $2 ' #*?.E ' F*$E ' #" ' 1.# ' #*?.?&# ' . ' .F*$11.# ' F*$'
,$:1$I.2'8&#-"1"(.('#"2'?H#'.-$2*.2-$#E')&2:">*,.2'*2')*.(,&'>$2$,.1'?H#'+"$2'C&)&'
&C-"?"#-.'.'1.'8&,.'($'$2)&2-,.,'*2'?.,)&'($')&2B"B$2)".'$2-,$'1.')*1-*,.'>,"$>.';'1.#'
($'1&#'C*$+1&#'"2(K>$2.#'C,$#"("(&'C&,'$1'?$#-"3.I$')*1-*,.1'.+"$,-&';')&#?&C&1"-.';'
#KE'$2').?+"&E'*2'C.2&,.?.'?*)8&'?H#'#&?+,K&';')&?C1$I&'($'1.',$.1"(.('($').(.'
1*>., ' ; ' ).(. ' -"$?C& ' F*$ ' ("1*K. ' 1.# ' B",-*($# ' ; ' ($:$)-&# ' C.,-")*1.,$# ' ($2-,& ' ($ ' *2'
$#F*$?.'($'C$,)$C)"62'?$2-.1'?H#'>$2$,.1';'(*,.($,&E'.1'?$2&#'.'-$2&,'($'1&#'
,$#*1-.(&# ' C&#-$,"&,$# ' ($2-,& ' ($ ' 1. ' C,&C". ' )*1-*,. ' >,"$>.E ' )*;&# ' $1$?$2-&#'
($-$,?"2.2-$#'$,.2'$1'("#-.2)".?"$2-&E'$1',$)$1&';'$1'.+"$,-&'?$2&#C,$)"&'($'*2.#'
:&,?.#'($'B"(.'F*$'$,.2')&2#"($,.(.#'"2:$,"&,$#<

-&+'$*1E4%+0&+'/#':)#F&1/"*D'G#,41/*'2&"$*'/#'#1$4#10"*

D. ' )&2F*"#-. ' ($1 ' "?C$,"& ' C$,#. ' C&, ' 01$I.2(,& ' #">2":")6 ' *2. ' .C$,-*,.'
"2$#C$,.(.'($'8&,"3&2-$#'C.,.'$1'?*2(&'>,"$>&<'a&2'$11.'#$'.+,K.2'($'?.2$,.').#"'
($:"2"-"B.'C.,.'?*)8&#'2*?$,&#.#'&C&,-*2"(.($#'($'?$I&,.,'#*'#"-*.)"62<'4c"#-K.E'$2'
$:$)-&E'1.'C&#"+"1"(.('($'-,.#1.(.,#$'.'1&#'2*$B&#'$#-.+1$)"?"$2-&#'&,"$2-.1$#'F*$E'
-,.#'1.'?*$,-$'($'01$I.2(,&';'1.'C.)":").)"62':"2.1E'.1'?$2&#'?&?$2-H2$.E'$2-,$'#*#'
#*)$#&,$#'.#C",.2-$#'.'&#-$2-.,'1.'8$>$?&2K.E'#$'8.+K.2')&2B$,-"(&'$2'C,6#C$,.#';'
:1&,$)"$2-$# ' ).C"-.1$# ' ($ ' 1&# ' 2*$B&# ' ,$"2&# ' 8$1$2K#-")&#< ' D.# ' 2*$B.# ' ?&2.,F*K.#'
,$F*$,K.2 '*,>$2-$?$2-$ '*2.').2-"(.('"2>$2-$'($':*2)"&2.,"&# ';'#&1(.(&# ')&2 '1&#'
F*$'11$2.,'1.#':"1.#'($'*2.'"?C&2$2-$'+*,&),.)".';'*2'($#)&?*2.1'$IL,)"-&'F*$'-$2K.2'
,$#C$)-"B.?$2-$'1.'?"#"62'($'.(?"2"#-,.,';')&2-,&1.,'1&#'2*$B&#'-$,,"-&,"&#':,$2-$'.'1.'
C&#"+1$',$+$1"62'($'1&#'2*$B&#'#J+("-&#E'.'*2.'.>,$#"62'$c-$,"&,'($'1&#'C*$+1&#'F*$'

%&

8.+K.2'F*$(.(&':*$,.'($1'H?+"-&'($'1.#')&2F*"#-.#'?.)$(&2".#'&'.'*2'.-.F*$'($'
.1>*2& ' ($ ' 1&# ' ,$"2&# ' B$)"2&#E ' "2#-.1.(&# ' ($#($ ' #* ' 2.)"?"$2-& ' $2 ' *2. ' ,"B.1"(.('
$2(L?").'C&,'$1'(&?"2"&'($'1&#'-$,,"-&,"&#'1"?K-,&:$#<'M*$,&2'?*)8&#'1&#'>,"$>&#'F*$'
.)*("$,&2 ' . ' 1. ' 11.?.(. ' ($ ' 1&# ' ?&2.,).# ' F*$ ' .#C",.+.2 ' . ' )*+,", ' #*# ' ,$#C$)-"B&#'
,$"2&#'($'*2.'CH-"2.'>,"$>.'?$(".2-$'1.'),$)"$2-$':*2(.)"62'($'2*$B.#')"*(.($#';'1.'
)&2)$#"62'($'"?C&,-.2-$#'C,"B"1$>"&#';'+$2$:")"&#'.'1&#'>,"$>&#'F*$'#$'"2#-.1.+.2'$2'
$11.#<
D&#',$"2&#'8$1$2K#-")&#'.#K'),$.(&#E'#&+,$'-&(&'$1'($'1&#'T&1&?$&#'$2'4>"C-&';'
$1'($'1&#'#$1L*)"(.#'F*$'&)*C.+.'1&#'.2-">*&#'(&?"2"&#'($1'"?C$,"&'.F*$?L2"(.E'
($#($'0#".'S$2&,'8.#-.'1.'52(".E')&2#-"-*;$,&2'$1'2*$B&'?.,)&'($',$1.)"&2$#'F*$'
($:"2"6 ' $1 ' $2)*$2-,& ' ?.#"B& ' $2-,$ ' 1&# ' >,"$>&# ' ; ' &-,&# ' C*$+1&#E ' $#-. ' B$3 ' ;.'
C,$:$,$2-$?$2-$'&,"$2-.1$#<'D&#'>,"$>&#':&,?.+.2'C.,-$E'.1'?$2&#'"2")".1?$2-$E'($1'
$#-.?$2-&'(&?"2.2-$'($'1&#')&1&2"3.(&,$#E'.C1").2(&'.F*K'$1'-L,?"2&')&2'-&(.#'#*#'
)&2#$)*$2)".#E ' (.(& ' $1 ' ).,H)-$, ' $?"2$2-$,2$ ' )&1&2".1 ' ($ ' 1. '#&)"$(.( ' 8$1$2K#-").E'
)&?&';.'($?&#-,6'$2'#*'(K.'$1'>,.2'8$1$2"#-.':,.2)L#'g(&*.,('o"11<'e)*C.+.2'#*#'
C*$#-&#'$2'1.'.(?"2"#-,.)"62';'$1'$IL,)"-&E';'&#-$2-.+.2').#"'C&,'2&,?.'1.'C&#$#"62'
($ ' *2 ' 1&-$ ' ($ ' -"$,,. ' F*$ ' $,. ' )*1-"B.(& ' C&, ' 1&# ' "2(K>$2.# ' F*$ ' 8.+K.2 ' .).+.(&'
)&2B",-"L2(&#$'$2'?.2&'($'&+,.'($C$2("$2-$'($'1&#'2*$B&#'#$%&,$#'($1'-$,,"-&,"&<'
h.+"-.+.2'C&,'1&'>$2$,.1'$2')"*(.($#'($'2*$B.'C1.2-.'&'$2')&1&2".#'($'B$-$,.2&#'
$#-.+1$#'F*$'.)-*.+.2')&?&'>*.,2")"&2$#'$2'C*2-&#'$#-,.-L>")&#'($1'C.K#<'42'$1'
).#&'($'1.#'C,"?$,.#E'1.#')"*(.($#':*2(.(.#'C&,'1&#',$;$#'F*$'#*?.+.2').#"'U`P'
2*$B&# ' $#-.+1$)"?"$2-&# ' *,+.2&#E ' >&3.+.2 ' "2)1*#& ' ($ ' 1.# ' "2#-"-*)"&2$#'
).,.)-$,K#-").# ' ($ ' 1. ' C&1"# ' >,"$>. ' )1H#").< ' D. ' #$C.,.)"62 ' ($1 ' ?$("& ' "2(K>$2. ' $,.'
?.2":"$#-.'.'-&(&#'1&#'2"B$1$#<'42'1.#')"*(.($#'F*$'8.+K.2'#*,>"(&'.'C.,-",'($'1&#'
$#-.+1$)"?"$2-&# ' )&1&2".1$# ' #"-*.(&# ' .1 ' 1.(& ' ($ ' .1($.#E ' *2&# ' ; ' &-,&# ' &)*C.+.2'
+.,,"&# ' )1.,.?$2-$ ' (":$,$2)".(&#E ' )&?& ' C*$($ ' ($-$)-.,#$ ' "2)1*#& ' . ' 2"B$1'
.,F*$&16>")&'$2').#&#')&?&'$1'($'!*,.'4*,&C&#E'$2'R",".E'(&2($'C*$($2'.C,$)".,#$'
C$,:$)-.?$2-$'#&+,$'$1'C1.2&'($'1.#',*"2.#'($'1.')"*(.('$1')&2>1&?$,.(&'.,,.)"?.(&'
($'1.'B"$I.'.1($.'&')"*(.('"2(K>$2.'C&,'*2.'C.,-$';'C&,'&-,.'1&#'+.,,"&#'($'2*$B.'
C1.2-. ' &)*C.(&# ' C&, ' 1&# ' >,"$>&#< ' 52)1*#& ' $2 ' 4>"C-&E ' (&2($ ' 1.# ' )"*(.($# ' 2&'
)&2#-"-*K.2'1.'2&,?.'>$2$,.1';'$,.2'?*;'2*?$,&#&#'1&#'>,"$>&#'F*$'8.+"-.+.2'$2'
C$F*$%&# ' $#-.+1$)"?"$2-&# ' )&?& ' :*2)"&2.,"&# ' ($ ' ,.2>& ' #$)*2(.,"&E ' )*;. ' ?"#"62'
.#">2.(.'$,.')&2-,&1.,'$2'(",$)-&'1.#'.)-"B"(.($#'.>,K)&1.#'($1').?C$#"2.(&'$>"C)"&E'
1&# ' $#-.+1$)"?"$2-&# ' (&2($ ' 8.+K. ' >,"$>&# ' #$ ' (&-.,&2 ' $2 ' -&(&# ' 1&# ' ).#&# ' ($'
"2#-"-*)"&2$# ' -.2 ' ,$C,$#$2-.-"B.# ' ; ' $?+1$?H-").# ' )&?& ' $1 ' >"?2.#"&E ' (&2($ ' #$'
,$.:",?.+.2')&2#-.2-$?$2-$'1&#'B.1&,$#'("#-"2-"B&#'($'1.')*1-*,.'>,"$>.';',$:&,3.+.'
.#K'$1'?.,)&'($'#$>,$>.)"62',$#C$)-&'.'1.'C&+1.)"62'1&).1<
h*+&'$B"($2-$?$2-$'2*?$,&#&#').#&#'($'?$#-"3.I$'$2').#"'-&(&#'1&#'2"B$1$#E'
C$,&'$#C$)".1?$2-$'$2'1&#'$#-,.-&#'?H#'+.I&#'($'1.'C&+1.)"62'>,"$>.<'S*)8&#'($'#*#'
$:$)-"B&#E'$?C*I.(&#'C&,'*2.'($#.:&,-*2.(.').,,$,.'&'C&,'*2.'?.1.'>$#-"62'($'#*#'
C,&C"&# ' ,$)*,#&#E ' #$ ' B"$,&2 ' &+1">.(&# ' . ' )&2B"B", ' $#-,$)8.?$2-$ ' )&2 ' 1. ' C&+1.)"62'
"2(K>$2.E'#$').#.,&2')&2'?*I$,$#'($1'1*>.,';':*$,&2'C,&>,$#"B.?$2-$'$2>*11"(&#'C&,'
1.'C,$#"62'.#:"c".2-$'($1'?$("&'1&).1'($1'F*$'#*#'($#)$2("$2-$#'(",$)-&#':*$,&2';.'
*2.'C.,-$'?H#<'T.?+"L2'$2'1&#'?$("&#'*,+.2&#'#$'C,&(*I$,&2'#"-*.)"&2$#'($'?$3)1.'
; ' ?$#-"3.I$E ' )&?& ' C.,$)$ ' F*$ ' #*)$("6 ' $2 '1. ' C,&C". ' ).C"-.1 ' -&1$?.").E '01$I.2(,K.E'
)*;.'C&+1.)"62'?.;&,"-.,".E'F*$'$#-.+.'$#)"2("(.'"2")".1?$2-$'$2'2*?$,&#.#'$-2".#'
;')*1-*,.#'(":$,$2)".(.#E'.).+6')&2'$1'C.#&'($1'-"$?C&')&2B",-"L2(&#$'$2'*2.'?.#.'
"2:&,?$'?H#'8&?&>L2$.'($').,H)-$,'8K+,"(&'#"'8.)$?&#').#&'($'1.#'"?C,$#"&2$#'($'

%'

b&1"+"&E'F*$'B"#"-6'1.')"*(.('.'?$(".(&#'($1'#">1&'55'.<aE')*.2(&'.:",?.'F*$'$1'>,*C&'
?.;&,"-.,"&'($'#*#'8.+"-.2-$#'$#-.+.':&,?.(&'C&,'*2')&2I*2-&'8K+,"(&';'8$-$,&>L2$&E'
1&# ' F*$ ' $1 ' 8"#-&,".(&, ' ($2&?"2. ' p.1$I.2(,"2&#qE ' F*$ ' #" ' +"$2 ' )&2#$,B.+.2 ' -&(.BK.'
.1>*2.#')&#-*?+,$#'>,"$>.#'8.+K.2'.).+.(&'C,.)-").2(&'1.':&,?.'($'B"(.'$>"C)".<
D.'$cC$,"$2)".'($1'p&-,&q'(*,.2-$'$1'C$,K&(&'8$1$2K#-")&'2&':*$'-.?C&)&'*2'
?&($1&'($'.+"$,-&')&#?&C&1"-"#?&'.'C$#.,'($'1.':.1#.'.C.,"$2)".'F*$'C*$($2'&:,$)$,'
.1>*2.#'>,.2($#').C"-.1$#E')&?&'1.';.'?$2)"&2.(.'01$I.2(,K.<'D.',$.1"(.('"?C$,.2-$'
-*B& ' *2 ' ).,H)-$, ' +"$2 ' ("#-"2-&< ' f2. ' $-2". ' (&?"2.2-$ ' )&?C*$#-. ' C&, ' 1&#'
>,$)&?.)$(&2"&#'$I$,)K.'$1'C&($,'#&+,$'1.#')*1-*,.#'"2(K>$2.#'($'1&#',$#C$)-"B&#'
C.K#$#E ' F*$ ' )&2#-"-*K.2 ' .8&,. ' 1&# ' 2*$B&# ' ,$"2&#< ' D&# ' )$2-,&# ' :*2(.(&# ' C&, ' 1&#'
?&2.,).#'8$1$2K#-")&#'C,.)-").+.2'*2.':&,?.'($'B"(.'C1$2.?$2-$'>,"$>.E'C,&B"#-&#'
($ ' #*# ' "2#-"-*)"&2$# ' ?H# ' ).,.)-$,K#-").#E ' )&?& ' $1 ' -$.-,& ' & ' $1 ' >"?2.#"&E ' F*$'
:&?$2-.+.2'"2)*$#-"&2.+1$?$2-$'1.#'#$%.#'($'"($2-"(.('8$1L2").'?H#'("#-"2-"B.#';'
B"BK.2'C&,'1&'>$2$,.1'($'$#C.1(.#'.'*2.',$.1"(.('"2(K>$2.'F*$'#61&'.:$)-.+.'.'#*#'
B"(.#'($':&,?.'-.2>$2)".1';'$#C&,H(").<'52)1*#&'1&#'$?C1.3.?"$2-&#'?H#'("#-.2-$#E'
)&?&'$1'($'0"'v8.2*?E'#"-*.(&'$2'$1'.)-*.1'0:>.2"#-H2E'$2')*;.#',*"2.#'#$'($-$)-.'1.'
C,$#$2)".'($'$#-,*)-*,.#'.,F*"-$)-62").#')1.,.?$2-$'&,"$2-.1$#';')*;.'C&+1.)"62'-&-.1'
($+K.'($')&2-$2$,'*2'"?C&,-.2-$')&2-"2>$2-$'"2(K>$2.E'1&#'#">2&#'?.2":"$#-&#'($'#*'
"2$F*KB&)&').,H)-$,'>,"$>&'.C.,$)$2'-.?+"L2'C&,'-&(.#'C.,-$#E'($#($'1&#'8.+"-*.1$#'
$(":")"&#',$C,$#$2-.-"B&#E')&?&'$1'>"?2.#"&E'$1'-$.-,&'&'1&#'?&2*?$2-&#':*2$,.,"&#E'
8.#-.'1.'C,$#$2)".'#">2":").-"B.'($'1&#'.:&,"#?&#'(L1:")&#'F*$',$#*?K.2'1&'$#$2)".1'($'
1. ' ($2&?"2.(. ' #.+"(*,K. ' >,"$>.E ' -,.#1.(.(&# ' 8.#-. ' .F*$11.# ' ,$?&-.# ' ,$>"&2$# ' .'
-,.BL#'($'*2'$C">,.?.'($(").(&'$2'*2.'-*?+.<'D&'?H#'#&,C,$2($2-$'($1'1*>.,'$#'#"2'
(*(.'$#-.':"($1"(.('"2F*$+,.2-.+1$'.'#*#'&,K>$2$#'>,"$>&#'.'C$#.,'($'1.'$c"#-$2)".E'
-.?+"L2 ' "2)*$#-"&2.+1$E ' ($ ' $1$?$2-&# ' &,"$2-.1$#E ' $#C$)".1?$2-$ ' $2 ' $1 ' H?+"-&'
,$1">"&#&<

-&'B#)#1%@&$%51('+4+')H2%0#+

R$'8.' C,&)1.?.(&' )&2 '($?.#".(. ':,$)*$2)".' F*$ '$1 ',$#*1-.(&' 8.+"-*.1 '($1'
$2)*$2-,&'($'1&#'>,"$>&#')&2'&-,.#')*1-*,.#':*$'1.')&,,$#C&2("$2-$'8$1$2"3.)"62'($'
#*#':&,?.#'($'B"(.E')&2#-.-.+1$'$2'1&#'2*?$,&#&#'.,-$:.)-&#'($'$#-$'&,">$2'8.11.(&#'
$2'#*#'-*?+.#E'$2'1.'.(&C)"62'($'($-$,?"2.(.#')&#-*?+,$#E')&?&'1.'($1'+.2F*$-$'
)&2 ' -&(& ' #* ' .I*., ' )&,,$#C&2("$2-$ ' ; ' $2 ' 1. ' "?"-.)"62 ' $B"($2-$ ' ($ ' #*# ' ?&($1&#'
.,-K#-")&#'8.#-.'11$>.,'.')&2#-"-*",':&,?.#'.,-K#-").#'C,&C".#'F*$'($2*2)".2'.'-&(.#'
1*)$# ' 1. ' "2:1*$2)". ' ($)"#"B. ' &C$,.(. ' $2 ' #* ' :.)-*,. ' C&, ' 1&# ' ?&($1&# ' &,">"2.1$#'
8$1L2")&#'*-"1"3.(&#<']&'#"$?C,$'#$'$cC1")"-.'($1'-&(&'1&'F*$'#$'$2-"$2($'C&,'$#-.'
)6?&(.'$-"F*$-.'($'8$1$2"3.)"62<'42'*2'C,"2)"C"&'#$'$2-$2($,K.'C&,'-.1'1.'.C,&C".)"62'
($'1.#':&,?.#'.,-K#-").#';'($'1.#')&#-*?+,$#'>,"$>.#'C&,'C.,-$'($'1.#'C&+1.)"&2$#'
"2(K>$2.# ' F*$ ' $2-,.,&2 ' )&2-.)-& ' )&2 ' .F*L11&#< ' !")8& ' C,&)$#&E ' $2-$2("(& ' $2 ' *2'
C,"2)"C"&')&?&'*2"(",$))"&2.1E')&?C&,-.,K.'#">2&#'$c-$,2&#')&?&'1.'.(&C)"62'($'1.'
&2&?H#-").'>,"$>.E'($'#*':&,?.'($'B$#-",';'($'#*'("$-.E'#"2'F*$'#$'C,&(*I$,.2'$2'
#$2-"(& ' )&2-,.,"& ' 1.# ' )&2-,.C.,-"(.# ' $#C$,.(.#E ' . ' 2& ' #$, ' .1>J2 ' -K?"(& ' "2:1*I&'
C,&)$($2-$ ' ($1 ' H?+"-& ' ,$1">"&#&E ' (.(. ' 1. ' )&2&)"(. ' C,&C$2#"62 ' ($ ' 1&# ' >,"$>&# ' .'

%(

.)$C-.,'"2:1*$2)".#'$2'$#-$').?C&E')&?&';.'C*#&'($'?.2":"$#-&'h$,6(&-&E'("#C*$#-&'
.',$)&2&)$, '.+"$,-.?$2-$'$1'&,">$2'.I$2&'($'1.'?.;&,'C.,-$'($'1.#'("B"2"(.($# ';'
:&,?.#'($')*1-&'8$1L2").#<
4#-$'C,&)$#&'($'8$1$2"3.)"62'8.+,K.'#"(&'$cC$,"?$2-.(&')&2'?.;&,'&'?$2&,'
:*$,3.'C&,'-&(.#'1.#'#&)"$(.($#'"2(K>$2.#'F*$'$2-,.,&2'$2')&2-.)-&')&2'1&#'>,"$>&#'
$2'.1>J2'?&?$2-&'($'#*'8"#-&,".E'($#($'1&#'"+$,&#'($'2*$#-,.'C$2K2#*1.'8.#-.'1&#'
-,.)"&#';'$#)"-.#E'C.#.2(&'"2$B"-.+1$?$2-$'C&,'1&#'C,&C"&#',&?.2&#';'$1',$#-&'($'1&#'
C*$+1&# ' "-H1")&#< ' S.2":$#-.)"&2$# ' )&?& ' 1. ' $#)*1-*,. ' "+L,"). ' ,$:1$I.,K.2 ' ($ ' :&,?.'
$B"($2-$'$#-.'"2:1*$2)".'$2'C"$3.#'-.2'$?+1$?H-").#')&?&'1.')L1$+,$'!.?.'($'41)8$'
& ' 1.# ' $#)*1-*,.# ' ($ ' b&,)*2. ' =7.L2@< ' 0,-"#-.# ' >,"$>&# ' "-"2$,.2-$#E ' "2#-.1.(&#E'
C,&B"#"&2.1?$2-$ ' .1 ' ?$2&#E ' $2 ' $#-.+1$)"?"$2-&# ' "2(K>$2.# ' 8.+,K.2 ' #"(& ' 1&#'
&,">"2.(&,$#'($'$#-$'-"C&'($'C,&(*)-&#E'F*$'",K.2'8.)"$2(&')&2'$1'C.#&'($1'-"$?C&'
$#)*$1.'1&).1E'$2')*;.#'&+,.#'#$'($-$)-.2'1.#'16>").#'($:")"$2)".#'C,&C".#'($'F*"$2$#'
8.2'.C,$2("(&E'.*2')&2'($#-,$3.E'*2'.,-$'.I$2&<'4#-.'8$1$2"3.)"62'8.+,K.'.1).23.(&'
;. ' $1 ' C.,&c"#?& ' )&2 ' 1.# ' )&2F*"#-.# ' ($ ' 01$I.2(,&E ' $?C$%.(& ' #$>J2 ' 1. ' B"#"62'
&C-"?"#-.'($1'8"#-&,".(&,'$#)&)L#'T.,2'$2'(":*2(",'C&,'-&(.#'C.,-$#'1&#'"($.1$#'($'B"(.'
>,"$>&#'.'-,.BL#'($'#*'"2)$#.2-$':*2(.)"62'($'$#-.+1$)"?"$2-&#'*,+.2&#E'11$B.(.'.'
).+&'C,$)"#.?$2-$')&2'B"#-.#'.')*?C1",'$#-$'&+I$-"B&<'D.'8$1$2"3.)"62'($'e,"$2-$'8.'
#"(& ' 8.#-. ' 8.)$ ' +"$2 ' C&)& ' *2& ' ($ ' 1&# ' .c"&?.# ' :*2(.?$2-.1$# ' ($ ' 1. ' 8"#-&,". ' ($1'
C$,K&(& ' 8$1$2K#-")&E ' )&?& ' C*$($ ' -&(.BK. ' )&?C,&+.,#$ ' $2 ' .1>*2&# ' ,$C*-.(&#'
?.2*.1$#<
4#-$ ' )*.(,& ' 8. ' $cC$,"?$2-.(& ' ,$)"$2-$?$2-$E ' #"2 ' $?+.,>&E ' "?C&,-.2-$#'
?&(":").)"&2$#< ' s. ' $2 ' 1&# ' .%&# ' #$-$2-. ' ($1 ' #">1& ' dd ' $1 ' >,.2 ' 8"#-&,".(&, ' "-.1".2&'
0,2.1(&'S&?">1".2&'.(B",-"6'$2'*2&'($'#*#'1"+,&#'?H#')$1$+,.(&#'($'1&#'1K?"-$#'($'1.'
8$1$2"3.)"62'F*$'2&')&2#-"-*K.'2"'?*)8&'?$2&#'*2'C,&)$#&'-.2'.?C1"&';'.+#&,+$2-$'
)&?&'#$'8.+K.'"?.>"2.(&'.'1.'1*3'($'.1>*2.#'(L+"1$#';'$#).#.#')&2#-.-.)"&2$#'+.I&'
$1':$,B"$2-$'),$(&'($'$#$'C.28$1$2"#?&'(&?"2.2-$'$2'1.'?$2-.1"(.('$*,&C$.'F*$'8.'
($2*2)".(&'$1';.')&?$2-.(&'1"+,&'($'S.,-"2'\$,2.1<'D.#')&#.#'$,.2'+.#-.2-$'?H#'
)&?C1$I.#'($'1&'F*$'C.,$)$2'.'#"?C1$'B"#-.<'b&,'1&'F*$',$#C$)-.'.'1.'8$1$2"3.)"62'($'
)*1-*,.#'.I$2.#'(*,.2-$'$1'C$,K&(&'($'1.#')&1&2"3.)"&2$#'.,).").#E'1&#'$#-*("&#'?H#'
C,$)"#&#'11$B.(&#'.').+&'#&+,$'1.#':&,?.#'.,-K#-").#'"2(K>$2.#E')&?&'1.'?$2)"&2.(.'
$#)*1-*,.'"+L,").E'.C*2-.2'?H#'+"$2'8.)".'C,&(*))"&2$#')1.,.?$2-$'1&).1$#'$2'#*#'
,.#>&#'.,-K#-")&#'C,$(&?"2.2-$#E'$2'#*'-$?H-").';'$2'#*'$#-"1&E'F*$E'#61&'($':&,?.'
?*;'1$B$';'("#-.2-$E'#$'B"$,&2'"2:1*$2)".(&#'C&,'?&($1&#'>,"$>&#E'-&(.BK.'(":K)"1$#'($'
"($2-":").,')&2'C,$)"#"62'.2-$'1.':.1-.'($',$:$,$2-$#'"2?$(".-&#E'.1'?$2&#'C&,'1&'F*$'
,$#C$)-.'.'1.'$#)*1-*,.'"+L,").<'D&#'.*-&,$#'($'1.#')L1$+,$#'$#)*1-*,.#'($'b&,)*2.E'
.2-$#')"-.(.#E'$,.2')&2#)"$2-$#'($'1.'$c"#-$2)".'($'?&($1&#'>,"$>&#E'C$,&'11$B.,&2'.'
).+& ' #* ' -,.+.I& ' $1.+&,.2(& ' *2 ' C,&(*)-& ' :"2.1 ' F*$ ' C,$#$2-. ' -&(.# ' 1.# ' #$%.#'
("#-"2-"B.#'($'1.')*1-*,.'1&).1E'F*$')&2-,.#-.2'.+"$,-.?$2-$'$2'.1>*2&#').#&#')&2'#*#'
C,$-$2("(&# ' ?&($1&# ' &,">"2.1$# ' . ' 1. ' B"#-. ' ($ ' #* ' (.-.)"62E ' $1 ' #">1& ' i ' .<a< ' b*$($'
.:",?.,#$ ' .#K ' F*$ ' 1. ' $#)*1-*,. ' "+L,"). ' $#E ' C,&C".?$2-$ ' 8.+1.2(&E ' $1 ' C,&(*)-& ' ($'
.,-"#-.# ' 1&).1$# ' F*$ ' .(&C-.,&2 ' ($ ' 1&# ' >,"$>&#E ' C$,& ' -.?+"L2 ' ($ ' &-,&# ' )&?& ' 1&#'
:$2")"&#E'1&'F*$'1$#'C.,$)"6'&C&,-*2&'?.2-$2"$2(&'#"$?C,$'"2-.)-.'#*'"2($C$2($2)".'
)*1-*,.1E'"($&16>").';'.,-K#-").<
A$#C$)-&'.'1.'.(&C)"62'($')&#-*?+,$#';'*-$2#"1"&#'>,"$>&#'C&,'1.#'#&)"$(.($#'
"2(K>$2.#E'$#'2$)$#.,"&'-.?+"L2',$.1"3.,'*2.#'?.-"3.)"&2$# '"?C&,-.2-$#<'R$'-,.-.'
C&,'1&'>$2$,.1'($'C,&(*)-&#'8.11.(&#'$2'1.#'-*?+.#'($'1.#'L1"-$#'(",">$2-$#'1&).1$#E'
)&2#"($,.(&#'&+I$-&#'($',.2>&';'C,$#-">"&'C&,'#*#'C,&C"$(.($#';'B.1&,.(&#'$2'-.2'

&*

.1-.'$#-"?.'C&,'$#$'?&-"B&'F*$'?.,)8.,&2')&2'$11&#'.'#*'?&,.(.'($:"2"-"B.E'(&2($'
8.2'#"(&'($#)*+"$,-&#<'f2&'($'1&#'&+I$-&#'>,"$>&#'?H#'$c)$C)"&2.1$#'8.11.(&#'$2'
H?+"-&#'"2(K>$2.#E'1.';.')"-.(.'),H-$,.'($'i"cE'*2.'B.#"I.'($'+,&2)$'($'("?$2#"&2$#'
)&1&#.1$#'F*$'#*C$,.+.2'$1'?$-,&';'?$("&'($'.1-*,.';'F*$'$#-.+.'$#C1L2("(.?$2-$'
($)&,.(.')&2':">*,.#'($'>*$,,$,&#E'.C.,$)"6'$2'1.'-*?+.'($'*2.'C,"2)$#.'>.1.E')&?&'
#$'("I&'.2-$,"&,?$2-$E'$2'*2'1*>.,'F*$'&)*C.+.'C,&+.+1$?$2-$'*2.'C&#")"62')1.B$'
$2'1.',*-.')&?$,)".1'F*$'("#)*,,K.'8.)".'1.#':*$2-$#'($1'$#-.%&';'($1'H?+.,'($#($'1.'
)&#-. ' ?$("-$,,H2$. ' .-,.B$#.2(& ' $1 ' "2-$,"&, ' ($ ' M,.2)".< ' g#$ ' $# ' -.?+"L2 ' $1 ' ,.#>&'
("#-"2-"B&'($'.1>*2.#'($'1.#'C"$3.#'>,"$>.# '8.11.(.# '$2'&-,&#'1*>.,$#')&?&'$1';.'
)"-.(& ' h$*2$+*,> ' & ' $2 ' .1>*2&# ' 1*>.,$# ' ($ ' 1. ' C$2K2#*1. ' "+L,").E ' 1*>.,$# ' F*$'
&)*C.+.2'*2.'C&#")"62'C,"B"1$>".(.'($2-,&'($'*2.',*-.')&?$,)".1'"?C&,-.2-$E')*;&#'
C,K2)"C$# ' & ' ,$;$3*$1&# ' $,.2 ' &+I$-& ' ($ ' $#C1L2("(&# ' ,$>.1&# ' F*$ ' ,$.13.+.2 ' #*'
C,$#-">"&'"2-$,2&';'C,$#-.+.2'#*')&1.+&,.)"62'C.,.'.>"1"3.,'1&#'"2-$,).?+"&#'F*$'#$'
,$.1"3.+.2'.'1&'1.,>&'($'$#.#',*-.#E'C,&C&,)"&2.2(&'.'#*'B$3'.?C.,&';'#$>*,"(.('.'
1&#'.>$2-$#'F*$'1&#'-,.2#C&,-.+.2<
4#-$ ' ?$).2"#?& ' ($1 ' p,$>.1& ' & ' ($1 ' (&2qE ' C,&C"& ' ($ ' *2. ' ("2H?"). ' ($'
)&?C&,-.?"$2-& ' .,"#-&),H-")& ' ($ ' 2*?$,&#.# ' )*1-*,.# ' ; ' $2-,$ ' $11.# ' 1. ' >,"$>.E'
)&2#-"-*;6'$1'?.,)&':*2(.?$2-.1'($2-,&'($1'F*$'#$'($#.,,&11.,&2'1.#',$1.)"&2$#'($'
1&#'p)&1&2&#q'>,"$>&#')&2'1.#'C&+1.)"&2$#'"2(K>$2.#<'D.'"2?$2#.'?.;&,K.'($'1&#'
&+I$-&# ' >,"$>&# ' F*$ ' )",)*1.,&2 ' . ' -,.BL# ' ($ ' $#-&# ' C.K#$# ' -$2K.2 ' $#-$ ' ($#-"2&'
C,$:$,$2)".1')&2'*2'&+I$-"B&'$B"($2-$')&?&'$,.'$1'($'>.2.,'$1':.B&,';'$1'.C&;&'($'1&#'
(",">$2-$# ' 1&).1$# ' F*$ ' :.B&,$)K.2 ' .#K ' 1. ' C,$#$2)". ' >,"$>. ' $2 ' 1. ' ,$>"62 ' C&, ' 1.#'
"2(*(.+1$#'B$2-.I.#'F*$'#$'($,"B.+.2'($'$11.<'a&2'1&#'&+I$-&#')",)*1.+.2'-.?+"L2'1&#'
?&-"B&#'")&2&>,H:")&#'F*$'1&#'($)&,.+.2';'$1'*#&',"-*.1'&')&-"(".2&'.1'F*$'$#-.+.2'
($#-"2.(&#<'4#'C&#"+1$'F*$'$2'($-$,?"2.(.#'&).#"&2$#'$1'2"B$1'($'.#"?"1.)"62':*$,.'
$:$)-"B.?$2-$'?H#'.11H'($'1.'?$,.'.C,&C".)"62'?.-$,".1'C.,.'.(&C-.,'-.?+"L2'1.#'
#">2":").)"&2$# ' )*1-*,.1$# ' .%.("(.#E ' C$,& ' $2 ' 1. ' ?.;&,K. ' ($ ' 1&# ' ).#&# ' #$ ' -,.-6'
#$>*,.?$2-$'($'*2'#"?C1$'?"?$-"#?&')*;&'C,"2)"C.'B.1&,'#"?+61")&'$,.'$1'.*?$2-&'
($'C,$#-">"&'"2-$,2&'($2-,&'($'#*'C,&C".')&?*2"(.('F*$')&?C&,-.+.'1.'C&#$#"62'($'
$#&#'&+I$-&#E'*2'C&)&'.'1.'?.2$,.E '59("(%/#59("2+%/E'$2'1.'F*$'?*)8&#'B".I$,&#'
?&($,2&#')&2',$)*,#&#'.(F*"$,$2'$#-.-*"11.#'#"?+61").#'($'1&#'C.K#$#'$c6-")&#'F*$'
8.2 ' B"#"-.(& ' .#*?"$2(& ' )&2 ' $11.# ' #* ' C,$-$2("(. ' #">2":").)"62 ' $#C","-*.1E ' )*;.'
$cC1").)"62 ' ($1 ' :$26?$2& ' 2& ' B. ' :,$)*$2-$?$2-$ ' ?*)8& ' ?H# ' .11H ' ($ ' 1. ' $#)*$-.'
"2:&,?.)"62'F*$'C&($?&#'$2)&2-,.,'$2'1.'$-"F*$-.'"($2-":").-"B.'($'1.'B"-,"2.'($'*2'
?*#$&<'f2.'?$,.'.(&C)"62':&,?.1E'$2'#*?.E'#"2'*2')&2&)"?"$2-&'C,&:*2(&'($'#*'
#">2":").(& ' ?H# ' .I*#-.(. ' . ' 1.# ' )",)*2#-.2)".# ' "?C$,.2-$#E ' F*$ ' 8.)K.2 ' (":K)"1 ' $1'
-,.#B.#$')&?C1$-&'($'*2.')*1-*,.'.'1.'&-,.'.2-$'1.':.1-.'($',$:$,$2-$#'*2"B$,#.1$#'
,$)&2&)"(&#E')&?&'1&#'F*$'1.',$1">"62'=$1'),"#-".2"#?&'8.+"-*.1?$2-$@'&'$1'C,$(&?"2"&'
>1&+.1'($'1&#'?$("&#'($')&?*2").)"62'8.2'C,&C&,)"&2.(&'$2'1.'8"#-&,".'?H#',$)"$2-$<
!$')*.1F*"$,'?.2$,.'C.,$)$'$B"($2-$'F*$'1.'?.;&,'&'?$2&,'"2)"($2)".'($'1.'
)*1-*,. ' >,"$>. ' #&+,$ ' 1.# ' #&)"$(.($# ' "2(K>$2.# ' #$ ' C,&(*I& ' $2 ' #*# ' ?$("&#'
.,"#-&),H-")&#E'F*$',$#*1-.,&2E'C&,'1&'>$2$,.1E'1&#'C,"2)"C.1$#'+$2$:")".,"&#'(",$)-&#'($1'
)&?$,)"&E'($1'-,"+*-&'&'($'1.')&1.+&,.)"62'F*$'"?C1").+.'1.'C,$#$2)".'>,"$>.'$2'1.'
,$>"62<'R*#'$#:*$,3&#'C&,'8$1$2"3.,'#*#',$#C$)-"B.#')&,-$#E'.1'?$2&#'($#($'*2'C*2-&'
($'B"#-.':&,?.1E'.C.,$)$2')&2-"2*.(.?$2-$'$2'2*$#-,.#':*$2-$#E')&?&'#*)$($')&2'$1'
,$"2&'&(,"#"&'($'1&#'-,.)"&#E'F*$'*-"1"3.+.'1.'1$2>*.'>,"$>.'$2'#*#'"2#),"C)"&2$#'-.2-&'
#&+,$'&+I$-&#'($'1*I&E')&?&'$1':.?&#&'-$#&,&'($'A&>&3$2E')&?&'C.,.'1&#'.#*2-&#'
,$1.-"B&#'.1':*2)"&2.?"$2-&'"2-$,2&'($1'C,&C"&'$#-.(&'"2(K>$2.E'#.+$?&#'"2)1*#&'F*$'

&)

.1>*2&# ' ($ ' #*# ' ,$C,$#$2-.2-$#E ' )&?& ' R$*-$# ' 55E ' C&#$K.2 ' *2 ' +*$2 ' ?.2$I& ' ($ ' 1.'
1$2>*. ' >,"$>.< ' e-,&#E ' )&?& ' $1 ' "+$,& ' \.#C$(.# ' ($ ' 1. ' )"*(.( ' ($ ' R.>*2-&E ' $,.2'
-.?+"L2 ' ).C.)$# ' ($ ' $2-$2($,#$ ' $2 ' >,"$>& ' )&2 ' #* ' )&,,$#C&2#.1 ' ($ ' 4?C6,"&2'
=0?C*,".#@'.'I*3>.,'C&,'$1'-$#-"?&2"&'($'*2.').,-.'$#),"-.'#&+,$'*2.'1H?"2.'($'C1&?&'
F*$'(.')*$2-.'($'1.#'-,.2#.))"&2$#')&?$,)".1$#'F*$'"2-$,$#.+.2'.'1.#'(&#'C.,-$#<'
4#-$'.)$,).?"$2-&E'#$>*,.?$2-$'#"$?C,$'"2-$,$#.(&E'($'1&#'?"$?+,&#'($'1.#'L1"-$#'
"2(K>$2.# ' . ' 1&# ' p)&1&2&#q ' & ' )&?$,)".2-$# ' >,"$>&# ' #$ ' -,.(*I& ' . ' B$)$# ' $2 ' 1.'
.C,&C".)"62 ' 2& ' ?$2&# ' "2-$,$#.(. ' C&, ' #* ' C.,-$ ' ($ ' 1.# ' $#-,.-$>".# ' >$2$.16>").#'
?K-").#'?$(".2-$'1.#')*.1$#'#$'B"2)*1.+.2'.'*2'.2-$C.#.(&'8$,&")&'($'1.'-.11.'($'
h$,.)1$#E ' )&?& ' #*)$("6 ' )&2 ' 1. ' ).#. ' ,$.1 ' ?.)$(&2". ' ($ ' 1&# '0,>L.(.# ' . ' 1. ' F*$'
C$,-$2$)K. ' $1 ' C,&C"& '01$I.2(,& ' S.>2& ' & ' )&2 ' 1. ' .#*2)"62 ' ($ ' 1. ' C,$#$2)". ' $2 ' #*'
-$,,"-&,"&'($'1&#',$#-&#'&'8*$11.#'B"#"+1$#'($'*2&'($'$#-&#'>1&,"&#&#'C$,#&2.I$#'($1'
?"-&'8$1L2")&E')&?&'C*(&'#*)$($,'$2'.1>*2&#'1*>.,$#'($'1.'C$2K2#*1.'"+L,").')&2'
f1"#$#'&')&2'$1'-,&;.2&'02-$2&,'$2'1.',$>"62'($1'?.,'0(,"H-")&<'f2'C,&)$("?"$2-&'-.2'
C*,.?$2-$'>,"$>&E'?$(".2-$'$1')*.1'#$'.#"?"1.+.2'2*$B&#'-$,,"-&,"&#';'#*#'>$2-$#'
($2-,& ' ($1 ' ?.C. ' ?$2-.1 ' ($1 ' &,+$ ' )&2:$))"&2.(& ' C&, ' $1 ' ?"-&E ' )&2-,"+*;$2(& ' .#KE'
($)"#"B.?$2-$E'.'1$>"-"?.,'1&#'2*$B&#'(&?"2"&#E'C*(&E'$:$)-"B.?$2-$E'?&#-,.,'#*#'
B$2-.I.#'($#($'1.'B$,-"$2-$'"2(K>$2.'.1'#$,'.(&C-.(&')&?&'*2'?&(&'($'.)$,).?"$2-&'
C,"B"1$>".(& ' C&, ' C.,-$ ' ($ ' #*# ' (",">$2-$# ' )&2 ' $1 ' :"2 ' ($ ' :.B&,$)$, ' *2 ' -,.-.?"$2-&'
C,$:$,$2)".1'=).#&'($'1&#'?.)$(&2"&#@'&'($'?"-">.,'1.#'($?.2(.#'"28$,$2-$#'.'1.'
(&?"2.)"62<
4#-$ ' ).,H)-$, ' "2-$,$#.(& ' ($ ' 1. ' 8$1$2"3.)"62 ' #$ ' )&?C,*$+. ' ($ ' :&,?. ' ?H#'
:$8.)"$2-$'(*,.2-$'$1'C$,K&(&'8$1$2K#-")&E')*.2(&'$2'1&#'2*$B&#',$"2&#'1&#'?"$?+,&#'
($ ' 1.# ' .2-">*.# ' .,"#-&),.)".# ' (&?"2.2-$#E ' ",.2".# ' & ' $>"C)".#E ' ($#$.+.2 ' #$>*",'
&)*C.2(&'#*#'C&#")"&2$#'C,"B"1$>".(.#'($'C&($,'&'C,$-$2(K.2'>.2.,#$'$1':.B&,'($'1&#'
2*$B&#'?&2.,).#'F*$'8.+K.2'#*#-"-*"(&'.8&,.'.'1.#'("2.#-K.#'"2(K>$2.#'-,.(")"&2.1$#'
;'B$K.2'F*$'$1'J2")&').?"2&'$c"#-$2-$'C.,.')&2#$>*",'-.1$#'&+I$-"B&#'C.#.+.'C&,'1.'
.(&C)"62 '($' 1.# ')&#-*?+,$# '; ':&,?.# ' ($ 'B"(.'>,"$>.#< 'S*)8&#'#$' B"$,&2 '"2)1*#&'
:&,3.(&# ' . ' ).?+"., ' ($ ' 2&?+,$ ' ; ' . ' .(&C-., ' *2 ' -"C& ' ($ ' ("$-. ' .1"?$2-")". ' F*$'
,$C*>2.+.'#*#'8H+"-&#'?H#'.2-">*&#<'f2',$#*1-.(&':,$)*$2-$'($'$#-.'#"-*.)"62'($+"6'
($'#$,'$1',&+*#-$)"?"$2-&'($'*2',$2)&,'1.-$2-$'8.)".'1&#'2*$B&#'#$%&,$#';'1.')*1-*,.'
F*$'1&#',$C,$#$2-.+.'C&,'C.,-$'($'F*"$2$#'#$'B"$,&2'&+1">.(&#'.'$?C,$2($,'$#-.'
)1.#$'($'"2")".-"B.#E'*2.'.)-"-*('($',$#$2-"?"$2-&'.1"?$2-.(.'.($?H#E'.'?$2*(&E'C&,'
1&#':,$)*$2-$#'($#C1.2-$#';'?$2&#C,$)"&#'F*$'8*+"$,&2'($'#*:,",'($'C.,-$'($'F*"$2$#'
1&#'#$>*K.2')&2#"($,.2(&'"2:$,"&,$#'.'C$#.,'($'#*'($)"("(&'$#:*$,3&';E'F*"3HE'($'#*'
?$I&,'"2-$2)"62'C&,'-,.-.,'($'.C.,$2-.,'1&')&2-,.,"&';'I*>.,'$2'*2'-$,,$2&'($'"?C&#"+1$'
$F*"(.(< ' 4#-&# ' ,$2)&,$#E ' .*2F*$ ' C.,. ' 2&#&-,&# ' #.1$2 ' . ' 1. ' #*C$,:")"$ ' $2 ' ?*;'
)&2-.(.#'&).#"&2$#E',$B$1.2'#*'"2-$2#"(.(')*.2(&'.C.,$)$2'-,.(*)"(&#'$2'.)-&#'($'
,$+$1"62 '.+"$,-.')&2-,.'1&# '(&?"2.(&,$#E '$2'$1'C,"?$, '?&?$2-& '$2'F*$ '?*$#-,.2'
"2(")"&# '($ ' ($+"1"(.(E ')&?& ' C.,$)$ 'F*$ ' :*$ '$1 ' ).#& '($ '*2 '2&+1$ '$>"C)"& ' 11.?.(&'
!"&2"#"&'b$-&#.,.C"#'F*$'8.+K.'.1).23.(&'*2.'"?C&,-.2-$'C&#")"62'$2'$1'$IL,)"-&'_
?*$#-,.#'.?+.#E'$1'2&?+,$';'$1'$#-.-*#E'"2$F*KB&).#'($'#*'>,.(&'($'8$1$2"3.)"62_'
C$,&'F*$'.C,&B$)86'1&#'("#-*,+"&#'"2-$,2&#'$2'1.')&,-$'.1$I.2(,"2.'C.,.'$2).+$3.,'*2'
?&B"?"$2-&'($'#$(")"62'($').,H)-$,'2.)"&2.1"#-.'$>"C)"&')&2-,.'$1'(&?"2"&'-&1$?.")&<'
!$#)&2&)$?&# ' ($#>,.)".(.?$2-$ ' )*H2-&# ' ).#&# ' ?H#E ' C,&+.+1$?$2-$ ' "2:"2"-&#E'
F*$(.,&2'$2'$1'-"2-$,&'C&,'2&'$2)&2-,.,'*2'?&?$2-&'-.2'C,&C")"&'C.,.'$cC,$#.,'$1'
?.1$#-.,';'1.'"2F*"2.'F*$'8.+K.2'>$2$,.(&'-.2-&#'.%&#'($'#*?"#"62<

&!

h.;'F*$')&2-.,'.($?H#')&2'1&#'2*?$,&#&#'$I$?C1&#'($'($)"("(.',$#"#-$2)".'
.1'8$1$2"#?&'F*$'$2)&2-,.?&#'$2'.?+&#'C$,K&(&#'($'(":*#"62'.C.,$2-$'($'1.')*1-*,.'
>,"$>.'C&,'1.#'#&)"$(.($#'"2(K>$2.#<'D.'8&#-"1"(.('>$2$,.1'($'1&#'$#)"-.#'8.)".'-&(&'
1&'>,"$>&'8.'F*$(.(&'+"$2',$:1$I.(.'$2'$1',$1.-&'($'h$,6(&-&<'R*',$)8.3&'($1')*1-&'.'
*2.'("B"2"(.('-.2'$?+1$?H-").')&?&'!"&2"#&E'F*$'#K'.(&C-.,&2'C&,'$I$?C1&'&-,&#'
C*$+1&#')&?&'1&#'-,.)"&#E'F*$(.+.'$I$?C1":").(&'$2'#*'*#&'"2?&($,.(&';'#*")"(.'($'
*2'C,&(*)-&'-.2').,.)-$,K#-")&';'($:"2"-&,"&'($'1.')"B"1"3.)"62'>,"$>.')&?&'$,.'$1'B"2&E'
F*$'+$+K.2'#"2'?$3)1.,1&')&2'.>*.')&2'($#.#-,&#.#')&2#$)*$2)".#'C.,.'#*'C,&C".'
"2-$>,"(.(':K#").<'f2.'2&-")".'$c-,.&,("2.,".?$2-$',$B$1.(&,.E')&2'-&(&'$1'C$#&'F*$'
F*$C.'F*"-.,1$'.'#*'"2(*(.+1$'B.1&,'.2$)(6-")&';'$I$?C1.,E'$#'1.')L1$+,$'8"#-&,".'($'
4#)"1$#E ' $1 ' ?&2.,). ' $#)"-. ' F*$E ' #$>J2 ' 2&# ' )*$2-. ' h$,6(&-&E ' .+.2(&2.+.'
C$,"6(").?$2-$'#*'-,"+*'C.,.'.($2-,.,#$'$2'1.')"*(.('>,"$>.'($'e1+".E'(&2($'C&#$K.'
*2.').#.';'*2.'$#C&#.'>,"$>.'.'$#)&2("(.#'($'#*#'#J+("-&#E';'F*$E')*.2(&':*$'
($#)*+"$,-& ' C&, ' .F*L11&#E ' .).+6 ' #*# ' (K.# ' #"$2(& ' .#$#"2.(& ' C&, ' $#-.# ' #$),$-.#'
.:")"&2$#< ' ]& ' #61& ' ?*$#-,. ' 1. ' ("#-.2)". ' "2:,.2F*$.+1$ ' F*$ ' ?$(".+. ' $2-,$ ' 1&#'
(",">$2-$#'"2(K>$2.#E'F*$'#$'#$2-K.2'.-,.K(&#'C&,'1.#')&#-*?+,$#';'$1'?&(&'($'B"(.'
>,"$>&#E';'#*#'C,&C"&#'#J+("-&#E'?H#'.C$>.(&#'.'1.')*1-*,.'-,.(")"&2.1E'#"2&'F*$'C&2$'
-.?+"L2'($'?.2":"$#-&'$1',$)8.3&';'1.'8&#-"1"(.('F*$'C,&B&).+.2'$2'.?C1"&#'#$)-&,$#'
($'1.'#&)"$(.('1&).1'*2.#':&,?.#'($')&?C&,-.?"$2-&'F*$'C&2K.2'$2'-$1.'($'I*")"&'1&#'
C,$#*C*$#-&#'($'$#.')*1-*,.E'C&,'1&'>$2$,.1'C$,:$)-.?$2-$'"2)&?C.-"+1$#')&2'1.#'($'
1&#',$)"L2'11$>.(&#<
D.',$#"#-$2)".'.'1.')*1-*,.'>,"$>.'(&?"2.2-$'(*,.2-$'$1'C$,K&(&'8$1$2K#-")&'8.'
F*$(.(&'-.?+"L2',$:1$I.(.'$2'.1>*2&#')*,"&#&#'(&)*?$2-&#'$>"C)"&#'($'1.'LC&).E'
)&?&'$1'K.?*9&'#+)&#"&A".).'E'*2'-$c-&'($').,.)-$,K#-").#'.C&).1KC-").#'F*$'C,$(")$'$1'
:"2.1'($'1.'(&?"2.)"62'$c-,.2I$,.'#&+,$'$1'C.K#E'C,$)$("(.'($'*2.'C,&:*2(.'.1-$,.)"62'
($1 ' )*,#& ' ($ ' 1. ' 2.-*,.1$3. ' ; ' #$>*"(. ' ($ ' 1. ' .C.,")"62 ' $2 ' $#)$2. ' ($ ' *2 ' ?&2.,).'
"2(K>$2.'F*$',$)*C$,.,K.'1.#'.2-">*.#'-,.(")"&2$#'("2H#-").#';',$1">"&#.#<'41'&,H)*1&E'
C,&)$($2-$'($'1&#'?$("&#'#.)$,(&-.1$#'$>"C)"&#E'F*$'8.+K.'#"(&')*,"&#.?$2-$'*2&'
($ ' 1&# ' $#-.?$2-&# ' :.B&,$)"(&# ' C&, ' 1. ' C&1K-"). ' ($ ' 1&# ' T&1&?$&#E ' -,.-.2(& ' ($'
>,.2I$.,#$'.#K'#*'.C&;&'#.+$(&,$#'($'1.'C&($,&#.'"2:1*$2)".'F*$'$I$,)K.2'#&+,$'$1'
)&2I*2-&'($'1.'C&+1.)"62E'($?*$#-,.'F*$'$1'($#)&2-$2-&')&2'1.'#"-*.)"62'.:$)-.+.'($'
11$2&'"2)1*#&'.'1&#'#$)-&,$#'?H#'C,"B"1$>".(&#')&?&'$1'($1')1$,&E'$2'$1'F*$'$c"#-K.'
">*.1?$2-$'*2':",?$'($#$&'($'.).+.,'($':&,?.'(,H#-").';'$cC$("-"B.')&2'$1'(&?"2"&'
>,"$>&'#&+,$'4>"C-&<'!$#>,.)".(.?$2-$'2&'("#C&2$?&#'($'*2.'(&)*?$2-.(&'#"?"1.,'
F*$'2&#'C$,?"-.')&2#-.-.,'1&#'?"#?&#':$26?$2&#'$2'1&#'"2?$2#&#'(&?"2"&#'($'1&#'
#$1L*)"(.#E'.'1&'1.,>&';'.2)8&'($'1.'?$#$-.'",.2".';'$1'"2-$,"&,'($'0#".'$2'>$2$,.1E'
(&2($ ' ($+"$,&2 ' ($ ' C,&(*)",#$ ' )",)*#-.2)".# ' ?*; ' #"?"1.,$#< ' R"2 ' $?+.,>&E ' C*$($'
.:",?.,#$'*2.'8"C6-$#"#'#"?"1.,'.'1.'B"#-.'($'1&#'$#).#&#',$#*1-.(&#'($'1.'C,$-$2("(.'
8$1$2"3.)"62'($1'e,"$2-$'C,&)1.?.(.'C&,'T.,2';'#*#'#$>*"(&,$#<'4:$)-"B.?$2-$E'1.#'
)"*(.($# ' ($ ' C1.2-. ' >,"$>. ' :*2(.(.# ' C&, ' 1&# ' #$1L*)"(.# ' :*$,&2 ' )&?C1$-.?$2-$'
.+#&,+"(.# ' C&, ' $1 ' ?$("& ' "2(K>$2. ' )",)*2(.2-$ ' . ' ?$("(. ' F*$ ' $1 ' (&?"2"&'
>,$)&?.)$(&2"& ' $2 ' $#-. ' 3&2. ' "+. ' ("#?"2*;$2(& ' ($ ' :&,?. ' 2&-&,". ' C.,. ' -$,?"2.,'
,$(*)"(&'.')&?"$23&#'($1'#">1&'5'.<a<'.'1.',$>"62'($'R",".';'#*':.)8.(.'?$("-$,,H2$.<'
01'?"#?&'-"$?C&'#$')&2#&1"(.,&2'2*$B&#'C&($,$#'$?$,>$2-$#'$2'-&(.'$#-.'H,$.E'
)&?& ' 1&# ' C.,-&# '& ' 1&# ' .,?$2"&#E ' & ' #$ ' B"$,&2 ' ,$:&,3.(.# ' )&2 ' ,$2&B.(.# ' $2$,>K.#'
.2-">*.# ')*1-*,.# '.2)$#-,.1$# ' ($ '$#-.#' ,$>"&2$#E ')&?& ' 1.' ",.2". '&' 1. 'I*(K.<'].("$'
(*(.';.'$2'1.'.)-*.1"(.('F*$'1.'"2-$2)"62'($'01$I.2(,&'.1':*2(.,')"*(.($#E'.1'">*.1'
F*$'1.#'($'#*#'#*)$#&,$#E'2&'$,.'1.'($'C,&C.>.,'$1'8$1$2"#?&'$2-,$'1.#'#&)"$(.($#'

&"

"2(K>$2.#E '#"2& ' 1. ' ($ ' .:".23., ' C*$#-&# ' ($ ')&2-,&1 ' ?"1"-.,E ' .(?"2"#-,.-"B& ' ; ':"#).1 ' .'
-,.BL#'($1'J2")&'?$("&'F*$')&2&)K.2E')&?&'$,.'1.')"*(.(E'*2'?$("&'.($?H#'F*$'1$#'
,$#*1-.+.':.?"1".,';'F*$'$,.'-.?+"L2'$1'?H#'.($)*.(&'C.,.'.-,.$,';'.#$2-.,'.'1&#'
2*$B&# ' )&1&2&# ' >,"$>&# ' 11.?.(&# '. ')&2#-"-*", ' $1 ' .2(.?".I$ ' +H#")& ' ($ ' 1&# ' 2*$B&#'
,$"2&#<
D. ' C,$-$2("(. ' 8$1$2"3.)"62 ' #$ ' ,$B$1. ' .#KE ' 1$I&# ' ($ ' 1&# ' $#16>.2$# ' "($.1$#'
C,$)&2)$+"(&#';'?H#')$,).'($'*2.'?H#'-&3*(.';')&?C1$I.',$.1"(.('8"#-6,").E'.*2F*$'
,$:1$I.(.'($'?.2$,.'C.,)".1'$2'1.'$B"($2)".'("#C&2"+1$E')&?&'*2.'C,$,,&>.-"B.'($'1.#'
L1"-$#'C.,.')&2#&1"(.,'#*'("#-"2)"62'#&)".1';'.:".23.,'#*'$#-.-*#'(*,.2-$'$1'C$,K&(&'
.,).")& ' ; ' )&?& ' *2. ' $#-,.-$>". ' ($ ' (&?"2.)"62 ' ($ ' 1&# ' )&2F*"#-.(&,$#'
>,$)&?.)$(&2"&#'(*,.2-$'$1'C$,K&(&'8$1$2K#-")&E')&2#"#-$2-$'$2'1.')&2:">*,.)"62'($'
*2'-$I"(&'*,+.2&'($':*2(.)"&2$#',$.1$#';'($')&1&2".#'?"1"-.,$#')*;&'&+I$-"B&'$#$2)".1'
$,.'$1')&2-,&1'$:$)-"B&';'(*,.($,&'($1'-$,,"-&,"&<'h*+&E'#"2'$?+.,>&E'.1>J2'$:$)-&'?H#'
(*,.($,&'.*2F*$',$(*)"(&'$2'$#).1.E'($'1.'1.,>.'C,$#$2)".'($'1.'$(*).)"62'>,"$>.'
$2'1&#'?$("&#'&,"$2-.1$#E'F*$'?*$#-,.'#*#':,*-&#'.'-,.BL#'($'1.'.C.,")"62'2&').#*.1'
($ ' B.,".# ' ($ ' 1.# ' C$,#&2.1"(.($# ' ?H# ' ($#-.).(.# ' ($ ' 1. ' )*1-*,. ' >,"$>. ' ($ ' LC&).'
8$1$2K#-").'$'"?C$,".1'F*$'-"$2$2'#*'&,">$2'C,$)"#.?$2-$'$2'$#-.#'3&2.#E')&?&'$#'$1'
).#&'($1':"16#&:&'$#-&")&'b&#"(&2"&E'C,&)$($2-$'($'0C.?$.'$2'R",".E'&'($1'+,"11.2-$'$'
"2)1.#":").+1$ ' D*)".2&E ' &,">"2.,"& ' ($ ' R.?6#.-.E ' ($2-,& ' ($ ' 1. ' ?"#?. ' ,$>"62< ' f2'
8$1$2"#?& ' )&2B$,-"(& ' ;. '($#($ ' 8.)K. ' -"$?C& ' ?H# ' $2 ' *2. ' )*$#-"62 ' ($ ' $(*).)"62'
=6"%+)F"@ 'F*$'($',.3.E'.1'?$2&# '($#($':"2.1$#'($1 '#">1& 'i'.<a< ')*.2(& '$1 '&,.(&,'
5#6),.-$#'C,&)1.?.+.'&,>*11&#.?$2-$'$#-$'#$2-"?"$2-&')&2'*2.':,.#$'F*$'#$,BK.'?*;'
+"$2'C.,.'($#),"+",'1.'#"-*.)"62'$?$,>$2-$'($'1&#'-"$?C&#':*-*,&#<

-&'6*"041&'/#'41'09"2%1*

h$?&#'8.+1.(&'8.#-.'$1'?&?$2-&'($'#&)"$(.($#'"2(K>$2.#'C.,.',$:$,",2&#'.'
-&(&#'.F*$11&#'C*$+1&#')&2'1&#'F*$'1&#'>,"$>&#'$2-,.,&2'$2')&2-.)-&'.'1&'1.,>&'($'
(&# ' C$,K&(&# ' :*2(.?$2-.1$# ' ($ ' #* ' 8"#-&,". ' )&?& ' #&2 ' 1. ' $cC.2#"62 ' >,"$>. ' C&,'
*1-,.?.,'($'1.'LC&).'.,).").';'1.'.?C1".)"62'($':,&2-$,.#'($1'?*2(&'8$1L2")&'F*$'
#">*"6'.'1.#')&2F*"#-.#'($'01$I.2(,&'R"2'$?+.,>&E'1&#'>,"$>&#'.)*%.,&2'*2'-L,?"2&'
>1&+.1';'>$2$,.1"3.(&,'C.,.'($#">2.,'.'-&(&#'$#-&#'C*$+1&#'F*$'8"3&':&,-*2.'.'1&'
1.,>&'($'1.')*1-*,.'>,"$>.';'C&#-$,"&,?$2-$'$2-,$'1&#',&?.2&#E'C.,.'C.#.,'.'&)*C.,'
($#C*L#'*2'1*>.,'-.?+"L2'($#-.).(&'($2-,&'($1'1$2>*.I$'.).(L?")&';')&1&F*".1'$2'1.'
?.;&, ' C.,-$ ' ($ ' 1.# ' 1$2>*.# ' ?&($,2.#/ ' 1&# ' +H,+.,&#< ' R* ' .C.,")"62 ' "2")".1 ' $2 ' 1&#'
C&$?.# ' 8&?L,")&# ' :&,?.2(& ' C.,-$ ' ($ ' *2 ' 2&?+,$ ' )&?C*$#-& ' _$".$".;6-'2'%_'
)&?&'.1*#"62'.'1$2>*.'8.+1.(.'C&,'1&#').,"&#E'8.+"-.2-$#'($'0#".'S$2&,'F*'$,.2'
.1".(&#'($'1&#'-,&;.2&#E'8.'($#.-.(&'1.'C&1L?").'.)$,).'($'#*'#">2":").(&'&,">"2.,"&'
)&2 ' 1. ' C,$#$2)". ' & ' .*#$2)". ' 1.# ' )&22&-.)"&2$# ' C$;&,.-"B.# ' F*$ ' "+. ' . ' .(F*",",'
($#C*L#<'D&'F*$'C.,$)$'?H#'C,&+.+1$'$#'F*$E'$2'*2'C,"?$,'?&?$2-&'#$'-,.-.#$'
#"?C1$?$2-$ ' ($ ' *2 ' -L,?"2& ' ($#),"C-"B& ' ($ ' 1. ' ,$.1"(.( ' )*1-*,.1 ' .I$2. ' F*$ ' -&?.+.'
)&?&'C*2-&'($'C.,-"(.'1.'1$2>*.E';.'F*$'1.'$cC1").)"62'?H#':.)-"+1$'($1'?"#?&'$#'1.'
($ ' *2. ' ,$C$-")"62 ' ($ ' ).,H)-$, ' &2&?.-&CL;")& ' =+.,m+.,@ ' C.,. ' ,$:1$I., ' $1 ' #&2"(&'
"2"2-$1">"+1$'F*$'$?"-K.2'-&(&#'1&#'F*$'2&'8.+1.+.2'>,"$>&<

&#

D.'#"-*.)"62'2&'$#-H'2"'?*)8&'?$2&#')1.,.E'C*$#'$#'C&#"+1$'F*$';.'$2'LC&).'
.,).").'$c"#-.2'.1>*2&#'?.-")$#'($#C$)-"B&#E'+"$2'#$.'#"?C1$?$2-$'8.)".':&,?.#'($'
)&?C&,-.?"$2-&'F*$',$#*1-.+.2'$c-,.%.#'$'"2.)$C-.+1$#'C.,.'1.#'2&,?.#'>,"$>.#<'
01>*2&#'.:",?.2'F*$ '$1'-L,?"2&'.(F*","6 '#* 'C1$2& 'B.1&,'#$?H2-")& ')&2'-&(.#'#*#'
)&22&-.)"&2$#'($'"2:$,"&,"(.(';'#.1B.I"#?&'.1')&?"$23&'($'1.'LC&).')1H#").'-,.#'1.'
B")-&,". ' :"2.1 ' #&+,$ ' 1&# ' C$,#.#E ' )&?& ' 8. ' "2-$2-.(& ' ($?&#-,., ' +,"11.2-$?$2-$ ' 1.'
$#-*("&#.'"2>1$#.'4("-8'h.11'$2'*2'1"+,&')*;&'#">2":").-"B&'-K-*1&'$# '!"#%2M)2*%;2#+)& #
$?.$".'<'42').?+"&E'$1':,.2)L#'4(?*2('DLB;E'$2'#*'$#-*("&'($1'B&).+1&E'#*>"$,$'
?H#'+"$2'F*$'$1'-L,?"2&'p+H,+.,&q'C&#$$';.'($#($'#*'&,">$2'*2'B.1&,'C$;&,.-"B&'
F*$'($#$?+&).,H'$2'1.'2&)"62')*1-*,.1';'?&,.1'F*$'#$'1$'.%.($')&2'B.1&,'($#),"C-"B&'
$2 ' $1 ' #">1& ' i5 ' .<aE ' )&?& ' :&,?. ' ($ ' ($#">2., ' . ' 1&# ' 2&m>,"$>&#< ' SH# ' .11H ' ($ ' -&(.'
C&1L?").'$#C$)".1"3.(.E'C.,$)$':.)-"+1$'C$2#.,'F*$'1&'F*$'$2'*2'C,"2)"C"&'$2>1&+.+.'
#61& ' *2. '(":$,$2)". '($ '1$2>*.E '($ 'B$#-"?$2-. ' ; '($ ' $(*).)"62 '#$ ')&2B",-"6 ' -,.# '1.'
B")-&,".'#&+,$'1&#'C$,#.#'$2'*2')&2)$C-&'?H#'.?C1"&'F*$'$2:.-"3.+.'#&+,$'-&(&'1.#'
(":$,$2)".#'C&1K-").#E')&2-,.C&2"$2(&'*2'+H,+.,&'C&,'$c)$1$2)".E'C$,#&2":").(&'.8&,.'
$2'$1'C$,#.';'$c-$2("(&'($#C*L#'.'-&(&#'1&#'($?H#'C*$+1&#E'#&?$-"(&'.'1.'-",.2K.';'
1.'$#)1.B"-*(E')&2'*2'>,"$>&'F*$'8.)K.'($'1.'1"+$,-.('*'$?+1$?.'?H#'("#-"2-"B&<'D&#'
2&-&,"&#'$c)$#&#'($'1.',$-6,").'($'1.'B")-&,".'.-$2"$2#$'$2'1.#'>*$,,.#'?L(").#';'1.'
11$>.(.'?.#"B.'($'$#)1.B&#'($'1.#',$>"&2$#'($1'2&,-$'.'1.')"*(.(E'(&2($')&2#-"-*K.2'
)&1$)-"B&# ' +"$2 ' (":$,$2)".(&#E ' )&?& ' 1.# ' ?.-,&2.# ' -,.)".# ' ("#-"2>*"+1$# ' C&, ' #*#'
-.-*.I$# ' & ' 1&# ' .,F*$,&# ' $#)"-.# ' $2).,>.(&# ' ($1 ' ?.2-$2"?"$2-& ' ($1 ' &,($2 ' $2 ' 1.#'
.#.?+1$.# ' ;'-$.-,&#E ' )&2-,"+*;$,&2 ' .' .)$2-*., ' $2 '#* ' B$,-"$2-$ ' ?H#' C$;&,.-"B. '$1'
B.1&,'($#),"C-"B&'($1'-L,?"2&';'.'?.>2":").,'#*#'"?C1").)"&2$#'C&1K-").#'?$(".2-$'#*'
)&2-,.C&#")"62')&2'1&'8$1L2")&E'.(F*","$2(&'.#K'.'C.,-",'($'$2-&2)$#'#*'B.1&,'?H#'
C.,.(">?H-")& ' ($2-,& ' ($ ' 1. ' )*1-*,. ' >,"$>. ' C.,. ' ($#">2., ' . ' -&(&# ' 1&# ' C*$+1&# ' 2&'
>,"$>&#<
4#-. ' ,$-6,"). ' ($ ' 1. ' .1-$,"(.( ' #$ ' )&?C1")6 ' )&2 ' 1. ' "2)1*#"62 ' ($ ' )"$,-.#'
)&2#"($,.)"&2$#'($').,H)-$,'($-$,?"2"#-.'F*$')&2(")"&2.+.2'$1')&?C&,-.?"$2-&';'1.'
:&,?. ' ($ ' #$, ' ($ ' 1.# ' C$,#&2.# ' $2 ' :*2)"62 ' ($1 ' )1"?. ' ; ' ($ ' 1.# ' ).,.)-$,K#-").#'
>$&>,H:").#'($1'-$,,"-&,"&'F*$'8.+"-.+.2<'4#-&#'C,"2)"C"&#E'F*$'.C.,$)$2'$cC,$#.(&#'
($'1.'?.2$,.'?H#'#&1$?2$'$2'*2'+,$B$'-,.-.(&'"2)1*"(&'($2-,&'($1')&2I*2-&'($'&+,.#'
.-,"+*"(&'.1'?L(")&'h"C6),.-$#'-"-*1.(& '4%.)/Q#"B9"/#3#&9B".)/E'2&'"?C1").2'2"2>J2'
#$2-"?"$2-& ' ,.)"#-.E ' ;. ' F*$ ' 1.# ' (":$,$2)".# ' 2*2). ' #$ ' $#-.+1$)"$,&2 ' $2 ' $1 ' ?*2(&'
>,"$>&'.'C.,-",'($1')&1&,'($'1.'C"$1<'R$'-,.-.+.'-.2'#61&'($'$cC1").,'1.#'(":$,$2)".#'
)*1-*,.1$#';').,.)-$,"&16>").#'$2':*2)"62'($'1.'#"-*.)"62'$2'$1'?*2(&E'C.,-"$2(&'($1'
1*>., ' C,"B"1$>".(& ' F*$ ' &)*C.+. ' N,$)". ' ; ' C.,-")*1.,?$2-$ ' 7&2". ' )&?& ' $#C.)"&'
"2-$,?$("&'(&2($'-$2K.'1*>.,'*2.':$,-"1"3.(&,.'?$3)1.'($'1.#'$#-.)"&2$#'=)97."/F"#
('2 # -'.;2@ ' :,$2-$ ' . ' 1&# ' $c)$#&# ' ($1 ' 2&,-$ ' & ' ($1 ' #*,E ' $2 ' 1&# ' F*$ ' C,$(&?"2.+.2'
,$#C$)-"B.?$2-$ ' $1 ' :,K& ' ; ' $1 ' ).1&, ' $c-,$?&# ' )&2 ' #*# ' )&2#$)*$2)".# ' ",,$B$,#"+1$#'
#&+,$ ' 1. ' )&2(*)-. ' ($ ' 1&# ' 8&?+,$#< ' M*$,&2 ' #"$?C,$ ' 1.# ' (":$,$2)".# ' )*1-*,.1$# ' ;'
$#C$)".1?$2-$'1.#'($'2.-*,.1$3.'C&1K-").E'F*$'&C&2K.2'1.'1"+$,-.('.1'($#C&-"#?&';'1.'
#$,B"(*?+,$E'1.#'F*$'#$C.,.+.2'.'1.'8*?.2"(.('$2'>,*C&#'(":$,$2)".(&#'.'1&#'&I&#'
($ ' 1&# ' >,"$>&# ' ]" ' #"F*"$,. ' $2 ' 1. ' LC&). ' 8$1$2K#-").E ' )*.2(& ' 1&# ' >,"$>&# ' #$ ' B"$,&2'
,&($.(&# ' ).#" ' C&, ' -&(.# ' C.,-$# ' C&, ' 1. ' C,$#$2)". ' ?.#"B. ' ($ ' $-2".# ' (":$,$2-$#E'
$2)&2-,.?&# ' ,.#-,&# ' ($ ' *2 ' C1.2-$.?"$2-& ' ,.)"#-. ' $2 ' $1 ' ,$)8.3& ' ($ ' 1. ' C&+1.)"62'
"2(K>$2.<'T$c-&#')&?&'.1>*2&# 'C+%&%'/'($'T$6),"-&E'*2'C&$-.'($'1.')&,-$'.1$I.2(,"2.E'
$2'1&#'F*$'#$'.1.+.'1.'.))"62'($'1&#'?&2.,).#'-&1$?.")&#'C&,'8.+$,'?.2-$2"(&'.'
,.;.'.'1.'C&+1.)"62'1&).1'&'#$'?*$#-,.'*2'?.2":"$#-&'($#C,$)"&'8.)".'1&#'8.+"-.2-$#'

&$

$>"C)"&#'($'01$I.2(,K.E'"2)"($2'($'?.2$,.')1.,.'#&+,$'#*#')&#-*?+,$#'#.1B.I$#';'#*'
)&?C&,-.?"$2-&'"2)"B"1"3.(&';'$2'?&(&'.1>*2&'#&+,$'$1')&1&,'($'#*'C"$1<

7G&?%/4"H&+'?I"?&"&+8

41',$)&2&)"?"$2-&').#"'*2"B$,#.1'($'1.'#$C.,.)"62'$2-,$'>,"$>&#';'+H,+.,&#'
($2-,&'($1'?*2(&'>,"$>&'2&'"?C"("6'F*$'.1>*2&#'"2-$1$)-*.1$#')&?&'b1.-62'),"-").,.2'
1.'#"?C1$3.'C.1?.,".'($'(")8.'(")&-&?K.E'F*$'&C&2K.'*2.'?"2J#)*1.'C.,-$'($1'&,+$'.'
&-,.'?*)8&'?H#'$c-$2#.';'2*?$,&#.E'&'F*$'&-,&#')&?&'1&#'$#-&")&#',$)&2&)"$,.2'1.'
"2$:").)".'?&,.1'($'*2.'-.1'#$C.,.)"62'(.(.'1.'">*.1(.('$#$2)".1'($1'>L2$,&'8*?.2&E'
(":$,$2)".(&'?H#'+"$2'C&,'$1').,H)-$,'+*$2&'&'?.1&'($'1&#',$#C$)-"B&#'"2("B"(*&#'F*$'
C&,').,.)-$,"3.)"&2$#')&1$)-"B.#';'>1&+.1$#'($'$#-.'K2(&1$<'f2.'.)-"-*('?H#'.+"$,-.'
($')&?C,$2#"62'8.)".'1&#'&-,&#';.'8.+K.'8$)8&'.)-&'($'C,$#$2)".'$2'1.#'G%/('.%"/'($'
h$,6(&-&E'F*$',$:1$c"&26'.?C1".?$2-$'#&+,$'$1').,H)-$,',$1.-"B&'($'1.#')&#-*?+,$#'
8*?.2.#<'R*')L1$+,$'8"#-&,".'.)$,).'($'1.#',$.))"&2$#'&C*$#-.#'F*$'?.2":"$#-.2'*2'
>,"$>&';'*2'"2("&'.2-$'*2'C&#"+1$'"2-$,).?+"&'($'#*#',$#C$)-"B.#'C,H)-").#':*2$,.,".#E'
)&2#"($,.2(& ' *2 ' #.),"1$>"& ' ; ' *2. ' &:$2#. ' >,.BK#"?. ' 1& ' F*$ ' $2 ' 1. ' )*1-*,. ' ($1 ' &-,&'
)&2#-"-*K. ' 1. ' )&#-*?+,$ ' 8.+"-*.1E ' $# ' F*"3H ' #* ' :&,?*1.)"62 ' ?H# ' $?+1$?H-"). ' .1'
)&2)1*",')&2'1.',$#&2.2-$'.:",?.)"62'p1.')&#-*?+,$'=2'5'/@'$#'1.',$"2.'($1'?*2(&q<'
R"2'$?+.,>&E'L#-.#'2&'($I.+.2'($'#$,'.)-"-*($#'?"2&,"-.,".#E')&?&',$B$1.'$1'8$)8&'
#">2":").-"B&'($'F*$'$1'?$2)"&2.(&'h$,6(&-&':*$#$')&2#"($,.(&'C&#-$,"&,?$2-$'*2'
A%&'$?.$".'/' =.?">&'($ '1&# '+H,+.,&#@E'#$>J2'#$ '($I. ')&2#-.2)". '$2 '*2 '-,.-.(& '($'
b1*-.,)& ' ($#-"2.(& ' . ' ),"-")., ' $#-. ' :.)$-. ' ($1 ' 8"#-&,".(&,E ' -$#-"?&2"& ' .($?H#'
$#C$)".1?$2-$',$1$B.2-$'$2'*2&#'?&?$2-&#E')&?&'1&#'($1'"?C$,"&',&?.2&E'$2'1&#'
F*$ '#$ ' $#-.+. ' "2-$2-.2(& ' ($ ' ,$($:"2",E' F*"3H ' ?H# ' +"$2 ' ($ ' ,$)*C$,.,E' 1. ' "($2-"(.('
>,"$>.<
]&'&+#-.2-$'$#-.'.)-"-*('>$2$,.1"3.(.E'8*+&'-.?+"L2'($#($'$1'"2")"&'($'1&#'
)&2-.)-&#'>,"$>&#')&2'&-,.#')*1-*,.#'.I$2.#')"$,-&'#$2-"?"$2-&'($':.#)"2.)"62'C&,'1&'
$c-,.%&'F*$'($#$?+&)6'$2'1.'"($.1"3.)"62'($'#*#')&#-*?+,$#';'($'#*'C,"?"-"B.':&,?.'
($' B"(.E')&2#"($,.(.#' ,$1"F*".#' -&(.BK.'B"#"+1$#'($' *2.' ?K-").' $(.(' ($ '&,& '($' 1.'
8*?.2"(.(E'F*$'8.+K.'#"(&'-,.2#:&,?.(.'.8&,.E'C&,'1.'.))"62'"2#"("&#.';')&,,*C-&,.'
($ ' 1. ' )"B"1"3.)"62E ' $2 ' *2 ' ?*2(& ' +"$2 ' (":$,$2-$ ' (&?"2.(& ' C&, ' 1. ' $c"+")"62 ' ; ' 1.'
"?C"$(.(<'!$'8$)8&E';.'$2'1.'C&F"+"'#$'?$2)"&2.':*>.3?$2-$'.'*2'C*$+1&'($1'2&,-$E'
1&#'.+"&#E'.'F*"$2$#'#$')&2#"($,.+.'1&#'?H#'I*#-&#'($'-&(&#'1&#'8&?+,$#<'!")8&'
$#-$,$&-"C& ' ($ ' *2. ' #&)"$(.( ' "(K1"). ' F*$ ' 8.+"-.+. ' C.K#$# ' ,$?&-&# ' ; ' .C.,-.(&#E'
1*>.,$# ' C,"B"1$>".(&# ' . ' ,$#>*.,(& ' ($1 ' )&2-.)-& ' )&2-.?"2.2-$ ' )&2 ' $1 ' ,$#-& ' ($ ' 1.'
8*?.2"(.(E ' 8.)$ ' -.?+"L2 ' .)-& ' ($ ' C,$#$2)". ' $2 ' 1.# ' CH>"2.# ' ($ ' h$,6(&-&E ' $2'
$I$?C1&#'-.2'#">2":").-"B&#')&?&'1&#'C*$+1&#'F*$'8.+"-.+.2'.1'C"$'($'1.#'$1$B.(.#'
?&2-.%.# ' F*$ ' ($1"?"-.+.2 ' 1&# ' $#C.)"&# ' #$C-$2-,"&2.1$# ' ?H# ' $c-,$?&# ' & ' ($ ' 1&#'
C,&C"&# ' $-K&C$#E ' )&2#"($,.(&# ' 1&# ' ?H# ' 8$,?&#&# ' ($ ' -&(&# ' 1&# ' 8&?+,$#< ' 4#-.'
*+").)"62 ' (*.1 ' ($ ' #&)"$(.($# ' "($.1$# '$2 ' 1&# ' (&# '$c-,$?&# ' ($1 ' &,+$E ' .1 ' 2&,-$ ' 1&#'
8"C$,+6,$&#';'1&#'$-K&C$#'.1'#*,E';. '8.+K.'($I.(&'#*#'8*$11.#'-.?+"L2'$2'$1'?"-&'
?*)8&'-"$?C&'.2-$#<'41'C,&C"&'h$,6(&-&E'.C$>.(&'-&(.BK.'.'1&#'$2).2-&#'($1'?"-&'
C$,&'.+"$,-& '-.?+"L2'.'*2'-.1.2-$'?H#',.)"&2.1"#-.E '-,.-.+.'.#K'($',$"2-$>,.,'$#-.'

&%

)1.#$'($',$1.-&#'($2-,&'($'*2'("#)*,#&'?H#'8&?&>L2$&'?&(*1.2(&E'$2'1.'?$("(.'($'
1&'C&#"+1$E'#*#'.#C$)-&#'?H#':.+*1&#&#';'("#C.,.-.(&#<
41')&2&)"?"$2-&'),$)"$2-$'($'2*$B&#'$#C.)"&#'>$&>,H:")&#'8.)".'$1'$#-$';'$1'
&$#-$ ' -,.# ' 1.# ' )&2F*"#-.# ' ($ ' 01$I.2(,& ' 2& ' #">2":")6 ' 1. ' ($#.C.,")"62 ' ($ ' $#-.#'
-$2($2)".#E'#"2&'#"?C1$?$2-$'#*'-,.2#:&,?.)"62'&'.($)*.)"62'.'1.#'$cC$)-.-"B.#'($'
1&# ' 2*$B&# ' -"$?C&#< ' D&# ' C.K#$# ' :.+*1&#&#E ' ; ' ($ ' ?.2$,. ' C.,-")*1., ' 1.# ' "#1.#E'
,$.C.,$)"$,&2'$2'1&#'&)L.2&#'&,"$2-.1';'&))"($2-.1')&2'>,.2'C,&:*#"62'.'1&'1.,>&'($'1.'
1"-$,.-*,.'8$1$2K#-").E'F*$'($#)*+,K.'#&)"$(.($#'"($.1$#'F*$'>&3.+.2'($'-&(.#'1.#'
B$2-.I.#'"?.>"2.+1$#')&?&'1.'C,&#C$,"(.('#"2':"2E'1.'1&2>$B"(.(E'1.'I*#-")".'">*.1"-.,".E'
1.')&?*2"(.('($'1&#'+"$2$#';'1.'.:"2"(.(')&2'1&#'("&#$#<'a&2#-"-*K.2'*2.'$#C$)"$'($'
+H,+.,&#'"?.>"2.,"&#')*;.')&2),$)"62'>$&>,H:").'$2'3&2.#'?H#'$#C$)K:").#')&?&'
1.#'?&2-.%.#'($'1.'52(".E'(&2($'8.+"-.+.2'1&#':.?&#&#').+$3.#'($'C$,,&E'F*"$2$#'.'
C$#., ' ($ ' #* ' .#C$)-& '.2"?.1 'C&#$K.2 ' .1>*2.# ' ($ '$#-.# ' B",-*($#' "($.1$#E ' .;*(6 ' .'
)&2B$,-",1&#E';.':*$,.'($1'-&(&'($1'H?+"-&'($1'?"-&E'$2'$1'$#-$,$&-"C&'($1'+*$2'#.1B.I$E'
*-"1"3.(& ' ?H# ' -.,($ ' C&, ' 1. ' 51*#-,.)"62 ' $*,&C$. ' )&?& ' *2. ' $#-,.-$>". ' 1"-$,.,". ' F*$'
.;*(.+.'.'C&2$,'($',$1"$B$'1&#'C,"2)"C.1$#'($:$)-&#'($'1.')"B"1"3.)"62'?&($,2.<
52)1*#& '$2-,$ '1&# 'C*$+1&# ' ?$I&, ')&2&)"(&#E ')&?& '1&# ')$1-.#E '1&# '"2("&#E '1&#'
C$,#.# ' $ ' "2)1*#& ' 1&# ' $#)"-.#E ' #$ ' ,$)&2&)K. ' 1. ' $c"#-$2)". ' ($ ' *2. ' )"$,-. ' #.+"(*,K.'
+H,+.,.E'-.1')&?&':*$'($2&?"2.(.'C&,'S&?">1".2&E'F*$'.C.,$)K.'$2).,2.(.'$2'1.#'
C$,#&2.#'($'#*#'#.)$,(&-$#E')&?&'1&#'(,*"(.#E'1&#'+,.8?.2$#'&'1&#'?.>&#E';'$2'$1'
).#&'$#)"-.'C&,'*2'C$,#&2.I$'($'1.'-.11.'($'02.).,#"#E'F*$'.C.,$)$';.')&?&'*2'#.+"&'
$2 ' $1 ' ,$1.-& ' ($ ' h$,6(&-&E ' :*$ ' 1*$>& ' &+I$-& ' ($ ' 1. ' .-$2)"62 ' ($ ' b1*-.,)&E ' F*$ ' 1&'
?$2)"&2.'$2',$1.)"62')&2'$1'.-$2"$2#$'R&162E';':">*,6':"2.1?$2-$')&?&'C,&-.>&2"#-.'
($'*2'("H1&>&'($'D*)".2&<'D.'.(?",.)"62'C&,'$#-$'-"C&'($'C$,#&2.I$#'#$')&2#&1"(6'
(*,.2-$'$1'C$,K&(&'8$1$2K#-")&';'#$'8"3&'-.?+"L2'$c-$2#"+1$'.1').#&'($'4>"C-&'F*$'
8.+K. ' #*#)"-.(& ' ;. ' ($#($ ' $1 ' C,"2)"C"& ' 1. ' :.#)"2.,&2 ' $2-,$ ' 1&# ' >,"$>&# ' C&, ' 1.'
.2-">l$(.('($'#*')"B"1"3.)"62<'s.'?*)8&'.2-$#'$2)&2-,.?&#'.1>*2.#'2&-")".#'.)$,).'
($1'B".I$'$'1&#'?H#'C,$#-">"&#&#':"16#&:&#'>,"$>&#'.'e,"$2-$E'$#C$)".1?$2-$'.'4>"C-&E'
)&?&':*$'$1').#&'($'T.1$#E'!$?6),"-&'&'b1.-62<'T,.#'1.'.B$2-*,.'($'01$I.2(,&E':*$'1.'
52(". ' 1. ' F*$ ' #$ ' )&2-6 ' $2 ' $1 ' 2*$B& ' C*2-& ' ($ ' ,$:$,$2)".E ' #&+,$ ' -&(& ' ($#C*L# ' ($1'
C,$-$2("(& ' $2)*$2-,& ' ($1 ' )&2F*"#-.(&, ' ?.)$(&2"& ' )&2 ' 1&# ' ($2&?"2.(&# ' p#.+"&#'
($#2*(&#q ' & 'B%52'/'A%/("/E ' *2 ' $C"#&("& ' F*$ ' 8"3& ' :&,-*2. ' $2 ' 1. ' 8"#-&,"&>,.:K.'
C&#-$,"&,< ' A$#*1-. ' "2(").-"B& ' F*$ ' *2 ' C$,#&2.I$ ' )&?& ' $1 ' -.*?.-*,>& '0C&1&2"& ' ($'
T".2.E')*;.'+"&>,.:K.'C&C*1.,"36'$1'#&:"#-.'M"16#-,.-&E'8*+"$,.'($')&2:",?.,'#*'$#-.-*#'
($ ' #.+"& ' *2"B$,#.1?$2-$ ' ,$)&2&)"(& ' ?$(".2-$ ' *2. ' >",. ' C&, ' $#-&# ' $?+1$?H-")&#'
1*>.,$# ' )&2 ' $1 ' &+I$-"B& ' ($ ' )&2#-.-., ' #* ' $cC$,"$2)". ' )&2 ' 1. ' ($ ' -.2 ' C,$#-">"&#&#'
$#C$)".1"#-.#<

&&

=,-8")#43$-5-"3>'%3$

JK*+'241/*+'?&F*'41&'#0%E4#0&'$*2L1M

!$'1&#'(":$,$2-$#'C*$+1&#')&2'1&#'F*$'1&#'>,"$>&#'$2-,.,&2'$2')&2-.)-&'.'1&'
1.,>&'($'#*'8"#-&,".E'1&#',&?.2&#':*$,&2'#$>*,.?$2-$'1&#'F*$'&)*C.,&2'*2.'C&#")"62'
?H#'C,"B"1$>".(.E'-.2-&'C.,.'1.'C,&C".')&2)"$2)".'>,"$>.')&2-$?C&,H2$.')&?&'C.,.'
-&(.'1.'-,.(")"62'C&#-$,"&,E'F*$'$#-H'+.#.(.'$2'$1'1$>.(&')&?J2'($'.?+.#')*1-*,.#<'
a"$,-.?$2-$'1.'$2-,.(.'($'A&?.'$2'1.'8"#-&,".'>,"$>.':*$';.'-.,(K.'#"'1.'I*3>.?&#'
($#($ ' *2 ' C*2-& ' ($ ' B"#-. ' >1&+.1E ' ;. ' F*$ ' #$ ' 8"3& ' $:$)-"B. ' . ' 1& ' 1.,>& ' ($1 ' C$,K&(&'
8$1$2K#-")&';'2&'.:$)-6'$2'?&(&'.1>*2&'.'1.#'LC&).#'C,$)$($2-$#E'1.'.,).").';'1.'
)1H#").E ' F*$ ' B"B"$,&2 ' )&?C1$-.?$2-$ ' ($ ' $#C.1(.# ' . ' 1. ' $?$,>$2-$ ' ,$.1"(.( ' ($ ' 1.'
2*$B.'C&-$2)".'($1'S$("-$,,H2$&'&))"($2-.1<'R"2'$?+.,>&E'#*'.C.,")"62'$2'$#)$2.'
-*B& ')&2#$)*$2)".# ' ?*)8& '?H# ' ($)"#"B.# '$2 ' 1. ' :&,?. ' ($ ' B"(. ' >,"$>. ' F*$ ' 1. ' ($1'
"?C$,"& ' C$,#. ' $2 ' 1&# ' .1+&,$# ' ($1 ' #">1& ' i ' .<aE ' ;. ' F*$E ' . ' (":$,$2)". ' ($ ' L#-$E ' 1&#'
,&?.2&#'.).+.,&2')&2F*"#-.2(&';'.#"?"1.2(&'($2-,&'($'#*'$#-,*)-*,.'"?C$,".1'-&(&'
$1 '-$,,"-&,"& ' >,"$>&E ')&2B",-"L2(&1&E '$2 '#*?.E '$2 '*2. ' #"?C1$ 'C,&B"2)". ' ?H#' ($ ' #*#'
(&?"2"&#'$*,&C$&#<'!")8.')&2F*"#-.'2&':*$'-.?C&)&'$1',$#*1-.(&E'($#.:&,-*2.(&'$2'
$#-$').#&E'($'*2.').?C.%.'*2"-.,".'$2).+$3.(.'C&,'1&#'C,"2)"C.1$#'$#-.(&#'>,"$>&#'
)&?&'4#C.,-.';'0-$2.#')&2-,.'$1'"2B.#&,E')&?&'#*)$("6')&2'1&#'C$,#.#<'D&#'.2-">*&#'
C,&-.>&2"#-.#'#$'8.11.+.2'.8&,.'$2':,.2).'($).($2)".',$#C$)-&'.'#*'>1&,"&#&'C.#.(&'
.2-$,"&, ' ; ' $1 ' $2:,$2-.?"$2-& ' ?H# ' (",$)-& ' )&2-,. ' 1.# ' 1$>"&2$# ' ,&?.2.# ' :*$ ' .8&,.'
.#*?"(& ' C&, ' $#-.(&# ' )&2 ' ?$2&# ' 1*#-,$ ' . ' #*# ' $#C.1(.#E ' )&?& ' 1. ' )&2:$($,.)"62'
.F*$.E ' *2 ' $#-.(& ' :$($,.1 ' )&?C*$#-& ' "2")".1?$2-$ ' C&, ' )"*(.($# ' ($1 ' 2&,-$ ' ($1'
b$1&C&2$#&'F*$'"?C*#"$,&2':"2.1?$2-$'#*'8$>$?&2K.'#&+,$'-&(.'1.'C$2K2#*1.<'D.'
LC").'-,"*2:.1"#-.',$#*1-.2-$ '($'1.',$#"#-$2)".'.-$2"$2#$'.'1.'$cC$,"$2)".'C$,#.'("&'
C.#& ' .8&,. ' . ' *2. ' ,$#">2.)"62 ' .+2$>.+. ' ; ' ($,,&-"#-. ' F*$ ' +*#).+. ' )&?& ' J1-"?&'
)&2#*$1&'*2'(">2&'1*>.,'+.I&'$1'#&1'($2-,&'($'1.'2*$B.'8$>$?&2K.'(&?"2.2-$<
D.'*2":").)"62':"2.1'($1'?*2(&'>,"$>&'+.I&'1.'(&?"2.)"62'"?C$,".1',&?.2.'8.'
-$2"(&'-.?+"L2'#*#')&2#$)*$2)".#'$2'$1'-$,,$2&'($'1.')*1-*,.'?&($,2.<'A$#*1-.'.#K'
*2'8$)8&'8.+"-*.1':*2(",'.?+.#')*1-*,.#'($2-,&'($'*2.'?"#?.'$-"F*$-.'($#">2.-"B.'
)&?&'$#'1.'($'?*2(&')1H#")& '&')"B"1"3.)"62 '>,$)&,,&?.2.')&?&'C*2-&'($'C.,-"(.'

&'

"2$B"-.+1$ ' ($ ' -&(. ' 2*$#-,. ' -,.(")"62 ' $*,&C$.< ' 4#-. ' *2"(.( ' #$ ' B$ ' :,$)*$2-$?$2-$'
,$:1$I.(. ' $2 ' 1&# ' C,&>,.?.# ' .).(L?")&# ' *2"B$,#"-.,"&# ' ; ' $2 ' 1.# ' C,&>,.?.)"&2$#'
)*,,")*1.,$# ' ($ ' 1. ' $2#$%.23. ' #$)*2(.,". ' (&2($ ' .C.,$)$2 ' ?.-$,".# ' )&2 ' -K-*1&#'
#$?$I.2-$#E'F*$'C,$#$2-.2'+.I&'1.'?"#?.')&+$,-*,.'1.'8"#-&,".';'1.')"B"1"3.)"62'($'
>,"$>&#';',&?.2&#'$2'1.'"($.'($'F*$'.?+.#')&2#-"-*;$2'.':"2'($')*$2-.#'*2.'?"#?.'
,$.1"(.(')*1-*,.1'$2'1.'F*$'1&#',.#>&#')&?*2$#'#$'"?C&2$2'#&+,.(.?$2-$'#&+,$'1.#'
-K?"(.# ';'.'B$)$#' "2.C,$)".+1$# '(":$,$2)".# '$2-,$' *2&#' ;'&-,&#<'4# ')"$,-&' F*$' 1&#'
,&?.2&#'.(&C-.,&2';'.(.C-.,&2'1.')*1-*,.'>,"$>.'8.#-.')&2B$,-",1.'$2'.1>&'C,&C"&';'
F*$'>,.)".#'.'$11&#'#*+#"#-"6'($#C*L#')&2B$,-"(.'$2'C.-,"?&2"&')&?J2'($'-&(.'1.'
-,.(")"62 ' $*,&C$. ' ; ' $2 ' *2& ' ($ ' #*# ' )6(">&# ' ,$:$,$2)".1$#E ' . ' (":$,$2)". ' ($ ' 1& ' F*$'
#*)$("6')&2'&-,&#'C*$+1&#')&?&'1&#'$-,*#)&#';').,-.>"2$#$#E'F*$'F*$(.,&2'($#($'#*'
($#-,*))"62':"2.1'.'?.2&#'($'A&?.'#*?"(&#'$2'$1'?H#')&?C1$-&'&1B"(&E'.'$cC$2#.#'
($'.3.,&#&#'($#)*+,"?"$2-&#'.,F*$&16>")&#'F*$'C*$(.2',$B$1.,'.1>*2.#':.)$-.#'($'
#*# ' ($#)&2&)"(.#E ' ; ' $2 ' +*$2. ' ?$("(. ' ",,$)*C$,.+1$#E ' )*1-*,.# ' ,$#C$)-"B.#< ' R"'
-&(.BK. ' C*$($ ' 8.+1.,#$ ' 8&; ' $2 ' (K. ' ($ ' *2 ' 1$>.(& ' )1H#")& ' $2 ' 2*$#-,. ' )"B"1"3.)"62'
?&($,2.E'.*2F*$').(.'B$3'?H#'$#-L'C*$#-&'$2'$2-,$(")8&E'$#'>,.)".#'.'1.'.))"62'
)&2#$,B.(&,. '($ 'A&?.E'F*$'#*C& '.+#&,+$, '$2 '*2.'?"#?.')"B"1"3.)"62E '(&-H2(&1.'
.($?H# ' ($ ' 2*$B&# ' +,K&# ' ; ' $2:&F*$#E ' 1. ' 8$,$2)". ' ),$.-"B. ' ($ ' #*# ' .2-$)$#&,$#'
>,"$>&#<
R"2 ' $?+.,>&E ' (.2(& ' C&, ' #$2-.(.# ' $#-.# ' &+B"$(.($#E ' 1& ' )"$,-& ' $# ' F*$ ' 1.'
C,$-$2("(. ' 8&?&>$2$"(.( ' )*1-*,.1 ' $2-,$ ' >,"$>&# ' ; ' ,&?.2&# ' ,$#*1-. ' C,H)-").?$2-$'
"2$c"#-$2-$ ' ($#($ ' *2 ' C*2-& ' ($ ' B"#-. ' 8"#-6,")& ' ?H# ' ,">*,&#&< ' 0?+&# ' C*$+1&#'
)&?C.,-K.2'*2'?"#?&'$#C.)"&'>$&>,H:")&E')&?&'$,.'1.')*$2).'($1'S$("-$,,H2$&E')&2'
-&(&#'#*#',$#C$)-"B&#')&2(")"&2.2-$#')1"?H-")&#';'C."#.IK#-")&#'F*$'"2)"(K.2'($':&,?.'
($-$,?"2.2-$ ' $2 ' #* ' :&,?. ' ($ ' B"(. ' >$2$,.1E ' C$,& ' .8K ' .).+.2 ' C,H)-").?$2-$ ' 1.#'
#"?"1"-*($# ' $2-,$ ' *2&# ' ; ' &-,&#< ' 41 ' .C$>& ' . ' 1. ' -"$,,. ' $,. ' -.?+"L2 ' #"2 ' (*(. ' *2.'
).,.)-$,K#-").')&?J2'.'1&#'(&#'C*$+1&#E'C$,&'1.#'.)-"-*($#'B"-.1$#'F*$'#$'($,"B.,&2'
$2 ' *2& ' ; ' &-,& ' ).#& ' :*$,&2 ' )&?C1$-.?$2-$ ' (":$,$2-$#< ' D. ' ,.+"&#. ' #$2#.)"62 ' ($'
.*-&2&?K. ' ; ' $1 ' C.,-")*1.,"#?& ' $2(L?")& ' ($ ' 1&# ' ("?"2*-&# ' $#-.(&# ' >,"$>&#'
)&2-,.#-.+.2 ' )&2 ' 1. ' "2$F*KB&). ' B&).)"62 ' 8$>$?62"). ' ; ' *2":").(&,. ' C*$#-. ' $2'
$B"($2)".'C&,'A&?.'($#($'1&#')&?"$23&#'($'#*'8"#-&,".<'4#')"$,-&'F*$'$2'$1'?*2(&'
>,"$>& '8*+& ' -.?+"L2 '$#-.(&# ' F*$ '?&#-,.,&2 '$#. '?"#?. ' B&1*2-.( '($ ' 8$>$?&2K.E'
)&?& '1&# ';. '?$2)"&2.(&# '4#C.,-. ';'0-$2.# '$ '"2)1*#& 'T$+.# '& 'T$#.1".E 'C$,& '#*#'
-$2-.-"B.#'2*2).')&2)1*;$,&2'$2'1.')&2#-"-*)"62'($'*2'$#-.(&'#61"(&';'$#-.+1$E')&?&'
#*)$("6'$2'A&?.E')*;.'#&+$,.2K.'.C$2.#',$#*1-6'C*$#-.'$2'$2-,$(")8&'.'1&'1.,>&'($'
#*'-,.;$)-&,".<'R61&'.?$2.3.#'$c-$,"&,$#')&?&'1.#'($'>.1&#'&').,-.>"2$#$#'C*#"$,&2'
#$,".?$2-$ ' $2 ' C$1">,& '1. ' )&2-"2*"(.( '($ ' 1. ' 2*$B.' C&-$2)".E ' F*$E ' -,.# ' #*# ' B")-&,".'
:,$2-$'.'.?+&#E')&2#&1"(6'-&(.BK.'?H#'#*#'+.#$#';'$1"?"26').#"'($':&,?.'($:"2"-"B.'
)*.1F*"$,',"$#>&'#$,"&'($'#$(")"&2$#'"2-$,2.#'$2'$1'#$2&'($'#*#'.1".(&#'"-H1")&#<'D.'
*2.2"?"(.(';'$c-$2#"62'($'1.'8$>$?&2K.',&?.2.')&2-,.#-.')&2'1&#'+,$B$#'C$,K&(&#'
($ ' (&?"2"& ' ($ ' 1.# ' >,.2($# ' C&-$2)".# ' >,"$>.# ' )&?& ' 1. ' ?"#?K#"?. ' 0-$2.# ' F*$E'
.($?H#'($'-$2$,'#"$?C,$'$2:,$2-$',"B.1$#'.1-$,2.-"B&#E'($I.+.':*$,.'($'#*')&2-,&1'
$c-$2#&#' -$,,"-&,"&# ' 8.+"-.(&# ' C&, ' >,"$>&# ' )&?& 'T$#.1". ' & ' $1 ' 4C",&< ' D. ' ("#C$,#"62'
C&1K-").';'?"1"-.,'($1'?*2(&'>,"$>&E'$c-$2#"+1$'-.?+"L2'$2'+*$2.'?$("(.'.1'H?+"-&'
)*1-*,.1';'1"2>lK#-")&E')8&).'.#K':,&2-.1?$2-$')&2'1.':.)8.(.'($'.C.,$2-$'"($2-"(.('
F*$ ' C,$#$2-. ' A&?. ' $2 ' -&(&# ' $#-&# ' -$,,$2&#< ' D. ' ("B$,#"(.( ' )*1-*,.1 ' "2")".1 ' ($ ' 1.'
C$2K2#*1.'"-H1").'.).+6'#"$2(&'#*+#*?"(.'C&,'1.'"?C&#")"62'>$2$,.1'($1'1.-K2';'($'1.'
)*1-*,.',&?.2.'C&,'-&(&#'1&#'-$,,"-&,"&#')&2F*"#-.(&#E'($#($'$1'?"#?&')&,.362'($'1.'

&(

)"*(.('($1'TK+$,'8.#-.'1.#'C,&B"2)".#'?H#',$?&-.#'$2'1.#':,&2-$,.#'($1'!.2*+"&'&'($1'
4*:,.-$#<'D.'.(&C)"62'($'*2.'1$2>*.';'*2.')*1-*,.')&?*2$#'$2'$1'1.(&'>,"$>&'#$'
C,&(*I&'#61&'.',.K3'($'1.#')&2F*"#-.#'($'01$I.2(,&E'*2'C,K2)"C$'?.)$(&2"&'F*$'.*26'
$2'#*#'.:.2$#'($')&2F*"#-.'*2"B$,#.1'1.#'.?+")"&2$#'C*,.?$2-$'?.)$(&2".#';'1.#'
C,H)-").#')*1-*,.1$#'8$1L2").#E'.#"?"1.(.#'($#($'#*'2"%$3'8.#-.')&2B$,-",1.#'$2'.1>&'
C,&C"&<'4#-.'*2":&,?"(.(')*1-*,.1'>,"$>.')&2-"2*6'(*,.2-$'$1'C$,K&(&'($'(&?"2.)"62'
,&?.2. ' 8.#-. ' )*1?"2., ' C,$)"#.?$2-$ ' $2 ' 1. ' :*2(.)"62 ' ($ ' 1. ' 2*$B. ' A&?.E'
a&2#-.2-"2&C1.E'F*$'-,.#'$1'8*2("?"$2-&'($1'"?C$,"&',&?.2&'($'e))"($2-$'C,&#">*"6'
#*'.2(.(*,.'8.#-.'$1'#">1&'diE')*.2(&').;6'($':&,?.'($:"2"-"B.'+.I&'$1'$?C*I$'($'1&#'
-*,)&#<'f2'"?C$,"&'$1'+"3.2-"2&'F*$E'+.I&'#*'.C.,"$2)".'>,"$>.E'*-"1"3.+.'#"2'$?+.,>&'
$1 ' 2&?+,$ ' ($ ' A&?.E '.-'5"%'%E ' C.,. ' ($#">2.,#$ ' . ' #K ' ?"#?& ' $2 ' *2. ' ?*$#-,.'
#&,C,$2($2-$'($'1.'*2"(.(':"2.1'F*$'1.')*1-*,.';'1.'1$2>*.E'>,"$>.#E'8.+K.2'.1).23.(&'
+.I&'*2.#':&,?.#'C&1K-").#';'.(?"2"#-,.-"B.#'C,&C".?$2-$',&?.2.#<
!$I.2(& ' . ' *2 ' 1.(& ' 1&# ' $#-$,$&-"C&# ' L-2")&# ' F*$ ' )",)*1.+.2 ' $2 ' 1&# ' ?$("&#'
"2-$1$)-*.1$#',&?.2&#'&C&2"$2(&'1.'C,&B$,+".1'B."9%("/'=#$,"$(.(';'.*#-$,"(.(@'1.-"2.'
.'1. '&)9%("/' =1">$,$3.'&':,"B&1"(.(@').,.)-$,K#-").'>,"$>.E'F*$')&?&'-&(&#'1&#'-6C")&#'
,$:1$I.2 ' *2. ' C$,)$C)"62 ' ,$(*)-&,. ' ($ ' 1. ' ,$.1"(.( ' +.#.(. ' $2 ' *2. ' >$2$,.1"3.)"62'
.+*#"B. ' & ' $2 ' 1. ' $c.>$,.)"62 ' ($ ' *2&# ' ,.#>&# ' "2$F*KB&).?$2-$ ' $c"#-$2-$#E ' 1.#'
(":$,$2)".# ' $2 ' .)-"-*($# ' ; ' -$?C$,.?$2-& ' $,.2 ' -.?+"L2 ' #*#-.2)".1$#< ' 41'
-,.(")"&2.1"#?& ' "2B$-$,.(& ' ($ ' 1&# ' ,&?.2&#E ' F*$ ' #.),.1"3.,&2 ' $1 '5'/ # 5"%'.95 #=1.'
:&,?.'($'B"(.'($'#*#'.2-$C.#.(&#@')&?&'>*K.'"2)*$#-"&2.+1$'($'#*')&?C&,-.?"$2-&'
(".,"&E')&2-,.#-.')&2'1.'?.;&,'.C$,-*,.'($'1.'?$2-.1"(.('>,"$>.'8.)".'1.#'2&B$(.($#'
C,&)$($2-$# '($1 ' $c-$,"&, '& '1.# 'C,&C".# '"22&B.)"&2$# '>$#-.(.# '$2 '$1 '"2-$,"&, '($ '1.'
)*1-*,.'>,"$>.E')&2-.2(&'$#&'#K')&2'1.',$2*$2)".')&?J2'8.)".'-&(&'1&'F*$'C*("$,.'
)&?C&,-.,'*2'+,*#)&').?+"&'($1'&,($2'#&)".1'$#-.+1$)"(&<'41'$#).#&'$2-*#".#?&'C&,'
1.'$#C$)*1.)"62'F*$'($?&#-,.,&2'1&#',&?.2&#'F*$(.'C.-$2-$'$2'1.'.*#$2)".'($'*2.'
:"1&#&:K.'F*$'C*$(.'($2&?"2.,#$')&2'C1$2&'($,$)8&',&?.2.E';.'F*$'1.#':">*,.#'($'
a")$,62 ' ; ' RL2$).E ' F*$ ' #*$1$2 ' &)*C., ' $1 ' 1*>., ' C,"B"1$>".(& ' $2 ' 1.# ' ,$#C$)-"B.#'
#$))"&2$#'F*$'11$B.2'(")8&'-K-*1&E',$C,$#$2-.2'-.2'#61&'*2.'.(.C-.)"62E')"$,-.?$2-$'
1&>,.(. ' $2 ' .1>*2&# ' ).#&#E ' ($ ' 1.# ' )&,,"$2-$# ' :"1&#6:").# ' >,"$>.# ' . ' 1. ' B"(. ' ; ' . ' 1.'
?$2-.1"(.( ' ,&?.2.#< ' D.# ' "2#*:")"$2)".# ' ,&?.2.# ' ($2-,& ' ($ ' $#-$ ' H?+"-& ' #&2'
)1.,.?$2-$'#$%.1.(.#'C&,'1.#'F*$I.#'($1'C&$-.'D*),$)"&'.)$,).'($'1.'"2.($)*.)"62'
($'1.'1$2>*.'1.-"2.'C.,.'),$.,'.+#-,.)-&#E'F*$'1$'-&)6'$cC$,"?$2-.,'$2'#*'"2-$2-&'C&,'
-,.#1.(.,'1.':"1&#&:K.'.-&?"#-.'($'4C")*,&'.'*2'C&$?.'("(H)-")&'$2'$1'#">1&'5'.<a<
D. ' )*,"&#"(.( ' >,"$>. ' C&, ' -&(&# ' 1&# ' :$26?$2&#E ' 2.-*,.1$# ' ; ' 8*?.2&#E'
)&2),$-.(.'$2'#*',").'C,&(*))"62')"$2-K:").';':"1&#6:").E'($'1.'F*$'C&#$$?&#'-.2'#61&'
*2.'1$B$'?*$#-,.'2&'#"$?C,$'+"$2',$C,$#$2-.-"B.E')&2-,.#-.')&2'1.',$1.-"B.'$#-$,"1"(.('
,&?.2.'$2'$#-$').?C&E')*;.#':">*,.#'?H#'($#-.).(.#E')&?&'1.'($1'$2)")1&C$("#-.'
b1"2"& ' $1 ' i"$I&E ' ,$C,$#$2-.2 ' #61& ' 1. ' ,$)&C"1.)"62 ' .+,$B".(. ' ; ' )&?C$2(".(. ' ($ ' 1&#'
#.+$,$#'>,"$>&#'$2'(":$,$2-$#'-$,,$2&#<'41').,H)-$,'$#$2)".1?$2-$'C,.>?H-")&'1.-"2&'
)&2(*I& ' ?H# ' +"$2 ' . ' 1. ' ),$.)"62 ' ($ ' *2. ' ("#)"C1"2. ' )&?& ' 1. ' )"$2)". ' I*,K(").E ' F*$'
.,-")*1.+. ' $2 ' *2 ' #"#-$?. ' &,>.2"3.(& ' 1&# ' C,"2)"C"&# ' ($,"B.(&# ' ($ ' 1.# ' 2&,?.# ' ?H#'
)&2),$-.#';'$#C$)K:").#'F*$',$>*1.+.2'.'(".,"&'#*'B"(.'#&)".1<'D.'$cC$,"$2)".'>,"$>.'
$2 ' $#-$ ' ).?C& ' 8.+K. ' ($#$?+&).(& ' $2 ' 1. ' :&,?.)"62 ' ($ ' .1>*2&# ' )6(">&# ' 1$>.1$#'
)&?&'$1'($'N&,-"2.'$2'a,$-.E'C$,&'2&'8.+K.'-,.#C.#.(&'$1'*?+,.1'($'1.').#*K#-").'
)&2),$-.'C.,.'.1).23.,'$1'2"B$1'($'>$2$,.1"3.)"62'F*$'$2)&2-,.?&#'$2'1&#'I*,"#-.#'
,&?.2&#<

'*

4#-$ ' C,.>?.-"#?& '"22.-& ' ($ ' 1&# ',&?.2&# ' F*$ '1$# ' 11$B.+. ' . ' .C$>.,#$ ' . ' 1.'
,$.1"(.( ' )&-"(".2. ' #$ ' ,$:1$I. ' -.?+"L2 ' $2 ' 1. ' .*#$2)". ' ($ ' *2. ' B$,(.($,. ' -,.(")"62'
?"-&16>").E'.1'?$2&#'F*$'C*$(.',$#*1-.,'C.,.2>&2.+1$')&2'1.'>,"$>.E')&2'-&(.'#*'
B.,"$(.( ' ; ' ,"F*$3. ' ($ ' #">2":").)"&2$# ' ; ' :">*,.# ' $?+1$?H-").#< ' b&(,K. ' 11$>., ' .'
.:",?.,#$'"2)1*#&'1.'2&'$c"#-$2)".'$2'.+#&1*-&'($'*2.'?"-&1&>K.'C,&C".?$2-$',&?.2.'
. ' I*3>., ' C&, ' $1 ' ,$(*)"(& ' $#C.)"& ' F*$ ' ,$)"+$ ' #* ' -,.-.?"$2-& ' $2 ' 1&# ' ?.2*.1$#'
>$2$,.1$#'($'1.'?.-$,".E'F*$'($(").2'($':&,?.'.+,*?.(&,.'#*#'CH>"2.#'.'1&#')")1&#'
1$>$2(.,"&# ' >,"$>&#< ' D&# ' 8L,&$# ' 1$>$2(.,"&# ' 1.-"2&# ' ?H# ' ($#-.).(&#E ' )&?& ' $1'
:*2(.(&, ' "2")".1 ' 42$.# ' & ' $1 ' &?2"C,$#$2-$ ' hL,)*1$#E ' C,&)$($2 ' . ' -&(.# ' 1*)$# ' ($1'
$#C1$2(&,&#&'$1$2)&'>,"$>&<'D&#'8L,&$#'?H#'C,&C".?$2-$',&?.2&#E')&?&'h&,.)"&'
a&)1$#E'S*)"&'4#)LB&1.'&'a&,"&1.2&E'C$,-$2$)$2'.'*2.').-$>&,K.'+"$2'(":$,$2-$'($'1.'
($'1&#'8L,&$#'>,"$>&#E'F*$'C&,'#*'>$2$.1&>K.';'C&,'$1')&2-$c-&'$2'F*$'11$B.+.2'.'
).+& ' ?*)8.# ' ($ ' #*# ' 8.3.%.#E ' $2 ' *2. ' >$&>,.:K. ' "?.>"2.,". ' F*$ ' 2& ' ,$#*1-.'
1&).1"3.+1$'$2'1&#'?.C.#E'#$'8.11.+.2'?*)8&'?H#'.1$I.(&#'($'1.',$.1"(.('8"#-6,").'
)&-"(".2.<'b&,'$1')&2-,.,"&E'1&#'C,&-.>&2"#-.#'($'1.#'1$;$2(.#',&?.2.#'C,&)$($2'?H#'
+"$2'($'*2'C,&)$#&'($'?.>2":").)"62'#*:,"(&'C&,'*2.'#$,"$'($'C$,#&2.I$#'8"#-6,")&#'
($').,2$';'8*$#&E'F*$':*$,&2').C.)$#'($'.*-&"2?&1.,#$'$2'1.'($:$2#.'($'#*'C.-,".'&'
F*$'$2).,2.+.2'($'1.'?$I&,'?.2$,.'#*#'"($.1$#'?H#',$C,$#$2-.-"B&#<']&'$c"#-$E'($'
8$)8&E'$2'1.'8"#-&,"&>,.:K.'1.-"2.'2"2>*2.'(":$,$2)".'2&-&,".'$2-,$'1.'LC&).'1$>$2(.,".'
s ' ?H# ' C,&C".?$2-$ ' 8"#-6,").E ' $2 ' )&2-,.#-$ ' )&2 ' 1. ' >,"$>.E ' F*$ ' ,$)&2&)$ ' $2 ' *2'
?&?$2-&'(.(&'*2.')"$,-.':,&2-$,.'$2-,$'$1'?"-&';'1.'8"#-&,".E'.*2F*$'#"2'$#-.,'($1'
-&(&'+"$2 '($1"?"-.(.<'42 'A&?. '.?+&# 'C$,K&(&#'#$'($#.,,&11.2'($2-,&'($1 '?"#?&'
$#F*$?.'F*$'-&?.')&?&'C*2-&'($'C.,-"(.'1.'$C&C$;.',$.1'($'1.')&2F*"#-.',&?.2.'
($ ' 1&# ' -$,,"-&,"&# ' B$)"2&# ' ; ' #* ' 1*)8. ' )&2#-.2-$ ' )&2 ' 1&# ' C*$+1&# ' 1"?K-,&:$# ' C&, ' 1.'
#&+$,.2K.E')&2'?.;&,'&'?$2&,'($#C1"$>*$'($1'8$,&K#?&')&1$)-"B&'&'"2("B"(*.1<
D.'(":$,$2)".'$2-,$'.?+.#')*1-*,.#'#$'C&2$'">*.1?$2-$'($'?.2":"$#-&'$2'1.'
C&#-*,. ' .(&C-.(. ' .2-$ ' 1&# ' C.)-&# ' ; ' I*,.?$2-&#< ' S"$2-,.# ' F*$ ' 1&# ' ,&?.2&#'
)&2#"($,.+.2 ' 1. 'A%+)/' =1$.1-.(@ ' )&?& ' *2. ' ($ ' #*# ' B",-*($# ' -,.(")"&2.1$# ' ?H#'
($:"2"-&,".#E'F*$'#$'-,.(*)K.'$2'1.'C,H)-").'$2'*2.':"($1"(.('"2)&2(")"&2.1';'*2',$#C$-&'
$#),*C*1&#&'8.)".'$#-$'-"C&'($'.)*$,(&#E'#.>,.(&#';'C,&:.2&#E'.1'?$2&#')&?&'1$?.'
($2-,&'($'1.'?$2-.1"(.(')&1$)-"B.';'#&)".1E'1&#'>,"$>&#'?.2-$2K.2'$2'$#-$'-$,,$2&'*2.'
.)-"-*('?*)8&'?H#'1.c.E'1&'F*$'1$#'C$,?"-K. '$1$B.,'.'1.').-$>&,K.'($'8L,&$'.'*2'
C$,#&2.I$'-."?.(&';'?$2-",&#&')&?&'f1"#$#'&'B$2$,.,'.'*2.'($"(.(')&?&'h$,?$#E'
)*;.'.2(.(*,.'#$'8.+K.'"2")".(&')&2'$1',&+&'($'1.#'B.).#'($'#*'8$,?.2&'0C&1&';'
$,.E'$2')&2#&2.2)".E'C,&-$)-&,'($'1&#'1.(,&2$#<'4c"#-K.'.#K'*2.'"?C&,-.2-$':.1-.'($'
.($)*.)"62'$2-,$'1&#'C.,H?$-,&#'B.1&,.-"B&#'($'*2&#';'&-,&#E')*;.#')&2#$)*$2)".#'
#$ ' ($I.,&2 ' 2&-., ' $2 ' (":$,$2-$# ' ?&?$2-&# ' ($ ' 1. ' 8"#-&,".E ' $#C$)".1?$2-$ ' C.,. ' 1&#'
>,"$>&#E'F*$'I*>.+.2'$2'$#-.'C.,-"(.'$1'C.C$1'C$,($(&,<'f2'$I$?C1&'?*;'"1*#-,.-"B&'
($'$#-.')1.#$'($'?.1$2-$2("(&#'#*)$("6'C,$)"#.?$2-$'(*,.2-$'$1'b$,K&(&'"2")".1'($'
1. ' )&2F*"#-. ' ,&?.2. ' ($ ' N,$)".E ' )*.2(& ' $1 ' C,"2)"C.1 ' "2-$,1&)*-&, ' >,"$>& ' $2 ' $#-$'
-$,,$2& ' $,. ' 1. ' )&2:$($,.)"62 ' $-&1".< ' 4# ' )"$,-& ' F*$ ' 1&# ' $-&1"&# ' 2& ' >&3.+.2'
C,$)"#.?$2-$ ' ($ ' ?*; ' +*$2. ' :.?. ' $2-,$ ' 1&# ' ($?H# ' >,"$>&# ' C&, ' $1 ' $#),*C*1&#&'
,$#C$)-& '8.)". '1&# 'C.)-&# ')&2-,.K(&#E '#&+,$ ' -&(& '#" '8.)$?&# ').#& ' .' b&1"+"&< ' R"2'
$?+.,>&E'($+$',$)&,(.,#$'-.2-&'$1'$#:*$,3&',$.1"3.(&'C&,'1&#'$-&1"&#'C.,.'"2>,$#.,'
)&2'-&(&#'1&#'8&2&,$#'($2-,&'($'1.')&?*2"(.('8$1L2").'-,.#'#*'($:$2#.'($)"#"B.'($1'
#.2-*.,"&'($'!$1:&#')&2-,.'1&#')$1-.#'"2B.#&,$#'.')&?"$23&#'($1'#">1&'555'.<a<')&?&'
1&#'2*?$,&#&#').#&#'($'"/3&F"'=($,$)8&'($'"2B"&1.+"1"(.(@'$#-.+1$)"(&#')&2'?*)8.#'
)&?*2"(.($#'>,"$>.#E'F*$E'$#'($'"?.>"2.,E'.1'?$2&#'-$2K.2'*2.'1">$,.'$#C$,.23.'($'

')

F*$':*$,.2',$#C$-.(&#<'42'#*',$1.)"62')&2'A&?.E'#"2'$?+.,>&E'1.#')&#.#'2&'1$#'
:*$,&2'-.2'+"$2<'A&?C"$,&2'C&,'#*')*$2-.';',"$#>&'$1'C.)-&';'$#-.')",)*2#-.2)".'1$#'
.).,,$6':*2$#-.#')&2#$)*$2)".#'$2'$1'($#.,,&11&'($'1&#'.)&2-$)"?"$2-&#'C&#-$,"&,$#E'
C*$#-.#'($'?.2":"$#-&'$2'#*#')&2:1")-"B.#',$1.)"&2$#')&2'$1')&2#*1'M1.?"2"2&E'.,-K:")$'
($'1.')&2F*"#-.',&?.2.E'.')&?"$23&#'($1'#">1&'55'.<a<'&'$2'1&#'(,.?H-")&#'$C"#&("&#'
($ ' #* ' :"2.1 ' )&?& ' )&?*2"(.( ' -&(.BK. ' "2($C$2("$2-$ ' )&2 ' ?.#.),$# ' )&1$)-"B.#'
C,&B&).(.#'C&,'1&#'$2:,$2-.?"$2-&#'"2-$,2&#'F*$'1&#',&?.2&#E')&2B$,-"(&#'$2-&2)$#'
$2'1&#'.*-L2-")&#'>$2(.,?$#'($'N,$)".E'.B"B.,&2'-&(.BK.'?H#')&2'#*'"2-$,B$2)"62'&'
#$'1"?"-.,&2'.')&2-$?C1.,'"?CHB"(&#'#"2'"2-$,B$2",'($':&,?.'($)"("(.<'f2&'($'$#-&#'
$C"#&("&# ' "1*#-,. ' $1 ' ($#)&2&)"?"$2-& ' C,&B$,+".1 ' >,"$>& ' ($ ' 1.# ' "?C1").)"&2$# ' F*$'
.C&,-.+.2'1.#'C,$)"#.#':6,?*1.#'I*,K(").#',&?.2.#E'11.?.2(&'1&#'$-&1"&#E'-,.#'8.+$,'
.))$("(&'.'1. '+)+%(%'#%2#A%+)5' =$2-,$>. '-&-.1 '.'1. '("#),$)"62'($1 'B$2)$(&,@ 'F*$ '$1'
)62#*1',&?.2&'($'-*,2&'#&1")"-.+.E',$)1.?.,&2'1.')&,,$#C&2("$2-$'$cC1").)"62'($'#*'
#">2":").(&E'.F*L1'&,($26'F*$'1&#')&2(*I$,.?'.2-$'#*'C,$#$2)".'$2).($2.(&#'($'1.'
).+$3.'.'1&#'C"$#E'$2'*2.'($?&#-,.)"62'C.1?.,".';')&2-*2($2-$'($'1.')&2B$2"$2)".'
($ ' "2:&,?.,#$ ' .($)*.(.?$2-$ ' ($ ' 1.# ' &+1">.)"&2$# ' .#*?"(.# ' .2-$# ' ($ ' .)$C-.,1.#'
.1$>,$?$2-$<
e-,& ' 2&-&,"& ' ?.1$2-$2("(& ' $2-,$ ' >,"$>&# ' ; ' ,&?.2&# ' C,&B&).(& ' C&, ' $1'
($#)&2&)"?"$2-&'.+#&1*-&'>,"$>&'($'1.#'.C1").)"&2$#'F*$')&?C&,-.+.2'1.#'2&,?.#';'
-,.-.(&#',&?.2&#'#$'C,&(*I&')&2'?&-"B&'($'1.':.?&#.'C,&)1.?.)"62'($'1.'1"+$,-.('($'
1&# ' >,"$>&# ' C&, ' $1 ' ;. ' ?$2)"&2.(& ' M1.?"2"2& ' -,.# ' #* ' .C1.#-.2-$ ' B")-&,". ' #&+,$ ' $1'
?&2.,). ' ?.)$(&2"& ' M"1"C& ' i ' $2 ' 1. ' +.-.11. ' ($ ' a"2&#)L:.1.# ' $2 ' $1 ' UZX ' .<aE ' F*$'
.#$#-.+.'$1'C,"?$,'>&1C$'($)"#"B&'$2'$1'C,&)$#&'($')&2F*"#-.',&?.2.'($1'e,"$2-$'
8$1$2K#-")&< ' f2. ' B")-&,". ' F*$ ' ($+"6 ' ($ ' "?C.)-., ' #"2 ' (*(. ' C,&:*2(.?$2-$ ' $2 ' 1.'
)&2)"$2)".'>,"$>.E'.)&#-*?+,.(.'($#($'1.'+.-.11.'($'k*$,&2$.'$2'$1'QQX'.<a<'.'1.'
#*C,$?.)K.'?"1"-.,'?.)$(&2".')&?&'*2'8$)8&'"2)&2-$#-.+1$<'M1.?"2"2&'&C-6'C&,'*2'
>$#-&')&2)"1".(&,';'C,&C.>.2(K#-")&E')*;&'C,"2)"C.1'&+I$-"B&'$,.')&2#$>*",'$1':.B&,'($'
1&#'$#-.(&#'>,"$>&#'#&?$-"(&#'8.#-.'$2-&2)$#'.'S.)$(&2".';'.1"$2.,E'($'$#-.':&,?.E'
C.,.'$1':*-*,&'$1'?.;&,'2J?$,&'($'.1".(&#'C&#"+1$#'($1'+.2(&'?.)$(&2"&E'($').,.'.'
2*$B&# ' )&2:1")-&#< ' M1.?"2"2& ' .)-*.+. ' -.?+"L2 ' ($2-,& ' ($ ' 1. ' ?H# ' $1$?$2-.1 ' 16>").'
,&?.2.E'$2-$2("$2(&'$#-.'>$2$,&#.')&2)$#"62'($'1.'1"+$,-.('.'1&#'>,"$>&#')&?&'*2'
+$2$:")"&'F*$'$c">K.'($'F*"$2'1&',$)"+K.'1.'($+"(.'>,.-"-*(';',$)&2&)"?"$2-&'8.)".'#*'
+$2$:.)-&,<'D&#'>,"$>&#'2&'#*C"$,&2'$2-$2($,1&'($'$#-.':&,?.'#"2&')&?&'*2'>$#-&'
?H#'($',$)&2&)"?"$2-&'8.)".'#*'-,.(")"62'1$>$2(.,".<']&'.)-*.,&2E'$2')&2#$)*$2)".E'
)&?&'$,.'($'$#C$,.,'($#($'1.'C$,#C$)-"B.',&?.2.';'?.2-*B"$,&2'#*'C&1K-").'8.+"-*.1E'
F*$'2&'-&?.+.'C.,.'2.(.'$2')*$2-.'1.#'&+1">.)"&2$#'.#*?"(.#'?$(".2-$'.F*$1'.)-&E'
($#$2).($2.2(& ' .#K ' 1. ' )61$,. ' ,&?.2. ' $2 ' $1 ' )*,#& ' ($ ' 1&# ' .)&2-$)"?"$2-&#'
C&#-$,"&,$#<
4#-.#'(":$,$2)".#'($'-.1.2-$'#$',$:1$I.2'"2)1*#&'$2'$1'-$,,$2&'($'1.#':&,?.#'($'
("B$,#"62< ' R"2 ' 2$)$#"(.( ' ($ ' ,$)*,,", ' . ' 1&# ' $#-$,$&-"C&# ' )*1-*,.1$#E ' F*$(.2 ' C&).#'
(*(.# ' .)$,). ' ($ ' 1.# ' ("#-"2-.# ' C,$:$,$2)".# ' $2 ' $#-$ ' ).?C& ' ($ ' *2&# ' ; ' &-,&#< ' 41'
C.,-")*1.,'>*#-&',&?.2&'C&,'1&#'$#C$)-H)*1&#'#.2>,"$2-&#'F*$'#$'($#.,,&11.+.2'$2'$1'
.2:"-$.-,&E')&?&'1.#'1*)8.#'($'>1.(".(&,$#'&'1&#')$,-H?$2$#')&2':"$,.#'#.1B.I$#E'2&'
$2)*$2-,. ' C.,.1$1& ' $2 ' $1 ' ?*2(& ' >,"$>&E ' . ' C$#., ' ($ ' 1. ' B"&1$2)". ' "22$>.+1$ ' F*$'
"?C1").+.2'1&#'I*$>&#'.-1L-")&#E'#&+,$'-&(&'$2'.1>*2.#'($'*#'?&(.1"(.($#')&?&'$1'
+&c$& ' & ' 1. ' 1*)8. ' -&-.1 ' =C.2),.)"&@< ' R"2 ' $?+.,>&E ' 2*2). ' .1).23.,&2 ' $1 ' >,.(& ' ($'
-,*)*1$2)".';'+,*-.1"(.('($?&#-,.(&'$2'.F*$11.#'C&C*1.,$#'$c8"+")"&2$#<'D&#'I*$>&#'
($'>1.(".(&,$# ':*$,&2 ')&2#"($,.(&# 'C&, '1&# '>,"$>&# '*2.'$c-,.B.>.2)". '.I$2. 'F*$'

'!

2*2).'.-,.I&'#*'C.,-")"C.)"62<']"'#"F*"$,.'$2'$1'-$,,$2&'.C.,$2-$?$2-$')&?J2'($1'
-$.-,&'1&#'>*#-&#'$,.2'C.,$)"(&#<'41'.*("-&,"&',&?.2&'#$'($).2-6'#"$?C,$'($'?.2$,.'
"2)*$#-"&2.+1$'$2':.B&,'($'1.')&?$(".E'F*$E'.*2F*$'"?"-.(.'$2'1&':*2(.?$2-.1'($1'
)&,,$#C&2("$2-$'>L2$,&'>,"$>&E'($#.,,&116'-.?+"L2'#*#'C,&C".#'+,&?.#';'-$?.#'$2'1.'
($2&?"2.(. 'A"$9&"#('B"("<'T.?C&)&'1.')&?$(".'1.-"2.'$,.'$c.)-.?$2-$'$1'?"#?&'
-"C& ' ($ ' $#C$)-H)*1& ' "2>$2"&#& ' ; ' ("#C.,.-.(& ' F*$ ' ,$C,$#$2-.2 ' 1.# ' &+,.# ' ($'
0,"#-6:.2$#E'F*$'#&?$-K.2'1.'.)-*.1"(.('C&1K-").';'#&)".1')&2-$?C&,H2$.'.'*2.'),K-").'
"2)1$?$2-$';'($#.:&,.(.',$)*,,"$2(&'.'?$2*(&'.'1.':.2-.#K.';'.'1.#'$#C$)*1.)"&2$#'
*-6C").#'?H#'$#-,.:.1.,".#<'D.#'&+,.#'($'b1.*-&';'T$,$2)"&'$,.2'?H#'+"$2'8$,$($,.#'
($'1.')&?$(".'($'$2,$(&'($'S$2.2(,&E'?*)8&'?H#'1">$,.';'-,"B".1E'F*$'I*>*$-$.+.'
)&2'1&#'$#-$,$&-"C&#'#.).(&#'($'1.'#&)"$(.('+*,>*$#.'.-$2"$2#$'($':"2.1$#'($1'#">1&'
5i ' .<a< ' D. ' -,.>$(".E ' $2 ' ).?+"&E ' .C$2.# ' ).16 ' $2 ' A&?.< ' R*# ' C,&(*))"&2$# ' ?H#'
($#-.).(.# ' #&2 ' #"2 ' (*(. ' 1.# ' ($ ' RL2$).E ' F*$ ' C&#"+1$?$2-$ ' 2*2). ' 11$>.,&2 ' .'
,$C,$#$2-.,#$ ' ;. ' F*$ ' $#-.+.2 ' )&2)$+"(.# ' ?H# ' +"$2 ' C.,. ' #* ' 1$)-*,. ' $2 ' CJ+1")&'
($2-,&'($'1&#',$:"2.(&#')$2H)*1&#'1"-$,.,"&#'($'1.'.,"#-&),.)".',&?.2.E').C.)"-.(&#'
C.,.'.C,$)".,'1.'#&:"#-").)"62':&,?.1'($'$#-.#'&+,.#<
b&,'C.,-$'>,"$>.'$c"#-"6'-.?+"L2'*2.')"$,-.'"?C$,?$.+"1"(.('8.)".'?*)8.#'($'
1.#')&#-*?+,$#',&?.2.#E')&?&'1.'C,H)-").'($'*-"1"3.,'C1.2-.#'.,&?H-").#'$2'1&#',"-&#'
:*2$,.,"&#E'F*$'?&#-,.+.2'-.?+"L2'&-,.#'(":$,$2)".#E')&?&'1.'C&#")"62'($1'(":*2-&E'
#"-*.(&'.'1.'($,$)8.'$2'1*>.,'($'.'1.'"3F*"$,(.E'#*'($#C,$)"&'($1'1.-K2E'1$2>*.'F*$'
?*;'C&)&#'8.#-.'1.'LC&).'"?C$,".1'#$'?&1$#-.,&2'$2'.C,$2($,'$'"2)1*#&'$2'$#&#'
?&?$2-&#'F*$(6'1"?"-.(&'.'1.#'L1"-$#'.,"#-&),H-").# '$'"2-$1$)-*.1$#'F*$'-$2K.2'*2'
)&2-.)-&'(",$)-&')&2'1&#'(&?"2.(&,$#E'($C$2(K.2'($'$11&#'C.,.'#*'C,&?&)"62'&'1&'
2$)$#"-.+.2')&?&':*2)"&2.,"&#'($1'"?C$,"&'F*$'$,.2E').#&#'($'0C".2&E'C,&)*,.(&,'
$2'1&#'-,"+*2.1$#E'&'0,,".2&E'1$>.(&'"?C$,".1<'h*+&'-.?+"L2'*2.'.C.,$2-$',$1*)-.2)".'
. ' .)$C-., ' 1. ' )"*(.(.2K. ' ,&?.2. ' ;. ' $2 ' 1&# ' J1-"?&# ' -"$?C&# ' ($ ' 1. ' A$CJ+1").E ' $2'
)"*(.($#'($1'($2&?"2.(&'pH?+"-&')&1&2".1q')&?&']HC&1$#E'h$,.)1$.'&'0?C*,".#E'
(&2($'1&#'"2(K>$2.#'($'1.',$>"62'.#*?"$,&2'(")8.')&2(")"62'.2-$#'F*$'1&#'C,&C"&#'
>,"$>&#< ' D. 'B"-.1"(.( ' ($ ' 1.# ' "2#-"-*)"&2$# '>,"$>.#E ' F*$ '#$ '?.2-*B"$,&2 ')&2 ' :*$,3.'
"2)1*#&'($#C*L#'($'1.')&2F*"#-.';'(*,.2-$'$1'"?C$,"&E';'1.')&2B$2)"(.'.#*2)"62'($'#*'
"2("#)*-"+1$'#*C$,"&,"(.(')*1-*,.1'2&')&2#-"-*K.2'-.?C&)&'$1'-$,,$2&'.C,&C".(&'C.,.'
)&2#$>*",'*2.':H)"1'$F*"C.,.)"62'$2-,$'.?+&#'?*2(&#<'41')&2-,.#-$'$2-,$'1.#'(&#'
)*1-*,.# ' #$ ' B"& ' -.?+"L2 ' .1"?$2-.(& ' C&, ' *2. ' #$,"$ ' ($ ' -6C")&# ' ; ' $#-$,$&-"C&#E ' F*$'
-$2K.2')&?&':"2.1"(.('C,"2)"C.1'$#-.+1$)$,'1.'C,&C".'($:"2")"62'($'1.'"($2-"(.(',&?.2.'
.'-,.BL#'($'*2')&2-,.#-$':,&2-.1')&2'1&#'>,"$>&#E'$#C$)".1?$2-$'$2'*2&#'?&?$2-&#E'
1&#'F*$'#">*"$,&2'.'1.')&2F*"#-.';'#*C*#"$,&2'1.'11$>.(.'?.#"B.'($'>$2-$#E'C,&(*)-&#'
$ ' "($.# ' >,"$>.#E ' F*$ ' C.,$)K.2 ' ($#.:".,E ' ; ' $2 ' &C"2"62 ' ($ ' 1&# ' ?H# ' ,.(").1$# ' 8.#-.'
F*$+,.,E'$1'?.,)&'-,.(")"&2.1'($'1.#')&#-*?+,$#';'($'1.':&,?.'($'B"(.',&?.2.<'D&#'
>,"$>&#'.C.,$)K.2'.#K'($2-,&'($'$#-$'$#F*$?.')&?&'?$2-",&#&#E')&,,*C-&#E'#$,B"1$#E'
C$,&'-.?+"L2')&?&'.,,&>.2-$#'$'"2-,LC"(&#<'R$'($)K.'F*$'B"BK.2'($':&,?.'1*I&#.';'
F*$'2&'#&C&,-.+.2'$1'$#:*$,3&';'1.'(*,$3.E'F*$'2&'$,.2'+*$2&#'#&1(.(&#E';.'F*$'
#*#'$2-,$2.?"$2-&#'($C&,-"B&#',$#*1-.+.2'($1'-&(&'"2J-"1$#'C.,.'$1')&?$-"(&'($'1.'
>*$,,.';'#61&'#$,BK.2'C.,.'($>$2$,.,'1.#')&#-*?+,$#'?&,.1$#')&2'1.'C,H)-").'($1'
($2&?"2.(&'"5'.'B.")*'.95'=.?&,'>,"$>&@'F*$')&2(*)K.'.1'($#)*"(&'($'1.':.?"1".';'
($ ' 1.# ' &+1">.)"&2$# ':*2(.?$2-.1$# ' 8.)". '1. ' C.-,".< ' 4,.2 ' 1$K(&#E ' #*-"1$# '; ' -.?+"L2'
$1&)*$2-$#E'C$,&'#*:,K.2'1.'%2)6(F"E'$#'($)",E'1.'-$2($2)".'.'.,>*?$2-.,'.'($#-"$?C&';'
)&2'$c)$#&'($'-$&,K.E'8.+1.2(&'($'?.2$,.'$c)"-.(.';'?*;'($C,"#.E'.1'-"$?C&'F*$'
.1.,($.+.2 ' )&2-"2*.?$2-$ ' ($ ' #*# ' 1&>,&#< ' b.,. ' $11&# ' $,.2 ' ?H# ' "?C&,-.2-$# ' 1.#'

'"

C.1.+,.#'F*$'1&#'8$)8&#<'4,.2'C,&1K:")&#'$2'1.'),$.)"62'($':"))"&2$#'#&+,$'1&#'C.K#$#<'
R&+,$B.1&,.+.2'1.#'.,-$#'B"#*.1$#';'1.'?J#").E';'-,.-.+.2'.'1&#'.)-&,$#';'?J#")&#'
)&2'$c)$#"B&',$#C$-&<
D&#',&?.2&#E'$2').?+"&E'#$'-$2K.2'C&,'*2'C*$+1&'($').?C$#"2&#';'#&1(.(&#'
F*$'.2-$C&2K.2'.')*.1F*"$,'&-,.').*#.'1.'($:$2#.'.'*1-,.23.'($'1.'C.-,".E'I*#-":").2(&'
-&(.#'#*#'>*$,,.#'+.I&'$1'C,$-$c-&'($'1.'.*-&($:$2#.'&'($'1.'.;*(.'.'#*#'.1".(&#'$2'
B",-*('($'1&#'C.)-&#';'-,.-.(&#')&2-,.K(&#<'R*',$)&2&)"(&'.:H2'($')&2F*"#-.';'($'
(&?"2"&'2&'C,$-$2(K.E'.#KE'1.'?$,.'.)*?*1.)"62'($'-&(&#'1&#'-$,,"-&,"&#'+.I&'*2'#&1&'
;*>&E'#"2&'1.'I*#-.'($:$2#.'($'1&#'&C,"?"(&#';'$1'$#-.+1$)"?"$2-&'*2"B$,#.1'($'1.#'
1$;$#'F*$',$>*1.2'1.')&2(*)-.'($'1&#'8&?+,$#<'4#-.'B"#"62'($'1.#')&#.#'.(F*"$,$E'2&'
C&,').#*.1"(.(E'#*':&,?*1.)"62'?H#'$?+1$?H-").'$2'*2&#'B$,#&#'($1'1"+,&'i5'($'1.'
H2)%+"'($'i",>"1"&'=i5E'X^Y_XVQ@E'*2.'&+,.')*;.':"2.1"(.('C&1K-").'$,.'C,$)"#.?$2-$'
),$., ' *2 ' )&2)"$2)". ' 2.)"&2.1 ' ,&?.2.E ' *2 ' C,&)$("?"$2-& ' F*$ ' $2 ' $#-&# ' ?&?$2-&#'
C.#.+.'($'?.2$,.'"2$c&,.+1$'C&,'#*')&2-,.#-$')&2'1&#'>,"$>&#/
e-,&#':&,I.,H2'?$I&,'*2&#'+,&2)$#'F*$').#"',$#C",$2
=+"$2'F*$'1&'),$&@E'($1'?H,?&1'C&(,H2'$c-,.$,',&#-,&#'B"B&#E
($:$2($,H2')&2'?H#'-"2&'1&#'C1$"-&#';'$1'>",&')$1$#-$
)&2'$1')&?CH#'?$(",H2';'$cC&2(,H2'$1'#*,>",'($'1&#'.#-,&#<
TJ'C"$2#.'#"$?C,$E',&?.2&E'$2',$>",')&2'-*'?.2(&'.'1&#'C*$+1&#
=-.1'-$2(,H#'-J'C&,'&:")"&@/'.'1.'C.3'"?C&2$,'*2.#'1$;$#E
(.,'-*'C$,(62'.1'8*?"1($';'B$2)$,')&2'1.'>*$,,.'.1'#&+$,+"&<

31&'"#)&$%51')&",&'('$*2.)%$&/&

D. ' ,$1.)"62 ' ($ ' A&?. ' )&2 ' $1' ?*2(& ' >,"$>& ' #$ ' ,$?&2-. ' #$>*,.?$2-$ ' . ' 1&#'
?"#?&#'&,K>$2$#'($'1.')"*(.(E';.'F*$'($#($'?$(".(&#'($1'#">1&'i555'.<a<E':$)8.'$2'1.'
F*$'#$'#*$1$'(.-.,'1.':*2(.)"62'-,.(")"&2.1'($'A&?.E'$c"#-K.';.'*2'$?C1.3.?"$2-&'
>,"$>& ' ($ ' ).,H)-$, ' C$,?.2$2-$ ' $2 ' b"-$)*#.#E ' 1. ' .)-*.1 ' 5#F*".E ' $2 ' 1. ' +.8K. ' ($'
]HC&1$#E ' F*$E ' . ' I*3>., ' C&, ' 1&# ' -$#-"?&2"&# ' ?.-$,".1$# ' ("#C&2"+1$#E ' ($#C1$>6 ' *2.'
"2-$2#.'.)-"B"(.(')&?$,)".1';'($'"2-$,).?+"&#')&2'$1'$2-&,2&')",)*2(.2-$<'A&?.'#$'
8.11.+. ' $cC*$#-. ' ).#" ' C&, ' -&(.# ' C.,-$# ' . ' 1. ' "2:1*$2)". ' ($ ' 1. ' )*1-*,. ' >,"$>.E ' +"$2'
(",$)-.?$2-$ ' . ' -,.BL# ' ($ ' 1.# ' )"*(.($# ' >,"$>.# ' ($1 ' #*, ' ($ ' 5-.1". ' C&, ' #* ' 1.(&'
?$,"("&2.1E'+"$2'C&,'$1'2&,-$'.'-,.BL#'($'1&#'>*#-&#'8$1$2"3.2-$#'($'1.#'.,"#-&),.)".#'
$-,*#).#E'F*$'$I$,)"$,&2'*2')&2#"($,.+1$'C$#&'$2'1.'8"#-&,".'.2-">*.'($'1.')"*(.(<'D.'
:*$,3.'($'$#-.'"2:1*$2)".'B.,"6'#$2#"+1$?$2-$')&2'$1'C.#&'($1'-"$?C&<'M*$'"2-$2#.'.'
1&'1.,>&'($'1&#'-,$#'#">1&#'#">*"$2-$#E'$1'i55E'i5';'i'.<a<E')&2),$-H2(&#$'$2'8$)8&#'-.2'
C.1C.+1$# ' )&?& ' 1. ' ),$)"$2-$ ' "($2-":").)"62 ' ($ ' .1>*2&# ' ($ ' 1&# ' C,"2)"C.1$# ' ("&#$#'
,&?.2&#')&2'1.#'("B"2"(.($#'($1'C.2-$62'>,"$>&';'$1'C,&)$#&'($'.2-,&C&?&,:"3.)"62'
($ ' #*# ' :">*,.#E ' ($I.2(& ' .-,H# ' $1 ' .2")&2"#?& ' F*$ ' ).,.)-$,"3.+. ' 1. ' ?*1-"-*( ' ($'
($"(.($#',&?.2.#'.>,*C.(.#'.'B$)$#'+.I&'$1'-L,?"2&'2$*-,&'($'%2+%B%("5)2("<'e-,.#'
?*)8.#':.)$-.#'($'1.')*1-*,.',&?.2.',$)"+"$,&2'-.?+"L2'$1'"?C.)-&'($'1.#':&,?.#'
>,"$>.#')&,,$#C&2("$2-$#E')&?&'1&#':$#-"B.1$#')&2').,,$,.#'($').,,&#E'1.#'&+,.#'($'
.,-$E'$1'.1:.+$-&'*-"1"3.(&'C.,.'$#),"+",'$1'1.-K2'&'1.#'2*?$,&#.#'C.1.+,.#'.(&C-.(.#'
$2 ' C,L#-.?&E ' F*$ ' ,$:1$I.+.2 ' 1.# ' ($:")"$2)".# ' 1.-"2.# ' $2 ' ).?C&# ' )&?& ' $1 ' ($ ' 1.'

'#

-$)2&1&>K.'&'$1'($'1.'?$(")"2.<'52)1*#&'$2'$1'-$,,$2&'($'1.#'"2#-"-*)"&2$#'C&1K-").#E'F*$'
:*$'#"$?C,$'?.2-$2"(&'.'+*$2',$#>*.,(&'($'1.#'"2:1*$2)".#'.I$2.#'C&,'1.'.,"#-&),.)".'
,&?.2.'(&?"2.2-$E'$#'+"$2')&2&)"(.'1.'.-,"+*)"62'($)"#"B.'($'1.'.))"62'1$>"#1.-"B.'($'
R&162'$2'*2'8$)8&'-.2'-,.#)$2($2-.1'$2'1.'8"#-&,".'($'1.'A&?.'.,).").')&?&':*$'1.'
.(F*"#")"62'($'*2')6(">&'($'1$;$#'$#),"-.#')&?&'$1'($'1.#'d55'-.+1.#<
0':"2.1$#'($1'#">1&'i';'(*,.2-$'+*$2.'C.,-$'($1'5i'.<a<'#$'C,&(*I&'*2',$1.-"B&'
."#1.?"$2-&'($'A&?.',$#C$)-&'.1'?*2(&'>,"$>&'.').*#.'($'1.#'"2-$2#.#'1*)8.#'C&,'1.'
8$>$?&2K.'$2'1.'C$2K2#*1.'"-H1"). ')&2-,.'1&#'C*$+1&#'B$)"2&#'($'1&#'.1,$($(&,$#E'
)&?&'1&#'#.?2"-.#'&'1&#'>.1&#E'F*$')&2)$2-,.,&2'$2'-.2'($)"#"B&'$?C$%&'-&(.#'1.#'
$2$,>K.# ' ,&?.2.#< ' a*,"&#.?$2-$ ' $# ' (*,.2-$ ' $#-$ ' C$,K&(& ' ($ ' ("#-.2)".?"$2-&'
&+1">.(& ' )*.2(& ' $?$,>"6 ' $1 ' ?&($1& ' ($1 ' ,&?.2&E ' F*$ ' -,.# ' #$, ' #&?$-"(& ' .1'
)&,,$#C&2("$2-$ ' C,&)$#& ' ($ ' "($.1"3.)"62 ' .).+6 ' )&2B",-"L2(&#$ ' $2 ' $1 ' $#-$,$&-"C&'
($:"2"-&,"&'($'#*#'#$%.#'($'"($2-"(.(<'41'?*2(&'>,"$>&'C.#6'.'#$,E'.#KE'*2'$1$?$2-&'
.I$2&'?H#'.'C$#.,'($'1.#'.C,&c"?.)"&2$#'F*$'#$'8.+K.2'$:$)-*.(&'$2-,$'.?+.#'
)*1-*,.# ' $2 ' 1&# ' -"$?C&# ' C,$)$($2-$#< ' !$ ' 8$)8&E ' $1 ' #">1& ' 5i ' .<a< ' )&2)1*;6' )&2 ' 1.'
)&2F*"#-.'?"1"-.,'($'1.#',$>"&2$#'>,"$>.#'($'5-.1".';'R")"1".E'F*$'#*C*#&'#*'"2)1*#"62'
($2-,&'($1'H,$.'($'8$>$?&2K.',&?.2.')&?&'*2'#"?C1$'-$,,"-&,"&'?H#'($'1&#'?*)8&#'
F*$'8.+K.2'#"(&'.+#&,+"(&#'.'1&'1.,>&'($1'C,&)$#&'($')&2F*"#-.<'b,$)"#.?$2-$'#$,H'
.8&,.'-.?+"L2')*.2(&'A&?.'.C.,$3).'C&,'C,"?$,.'B$3'.'1&#'&I&#'($1'?*2(&'>,"$>&'
&,"$2-.1')&?&'*2.'>,.2'C&-$2)".'&))"($2-.1'($#C*L#'($'*2'1.,>&'#"1$2)"&'.1',$#C$)-&E'
+"$2'#">2":").-"B&'($'1.'#"?C1$'">2&,.2)".';'($1'($#"2-$,L#'C&,'*2'1*>.,'.C.,-.(&'($1'
H?+"-& ' $>$&< ' b.#.?&# ' .#K ' ($ ' 1.# ' )&2:*#.# ' ;' $#).#.# ' 2&-")".# ' F*$ ' .C.,$)$2 ' $2'
0,"#-6-$1$#';'($'1&#'.C*2-$#'("#C$,#&#'($'#*'("#)KC*1&'T$&:,.#-&'.'1.'"?.>$2'?*)8&'
?H#'($:"2"(.'($'A&?.'F*$'($+"6'($'&:,$)$,'$1'8"#-&,".(&,'#")"1".2&'T"?$&E'F*$E')&?&'
;.'#$%.16'S&?">1".2&E':*$'$1'B$,(.($,&'($#)*+,"(&,'($1'2*$B&'C&($,'$?$,>$2-$'$2'
$1'8&,"3&2-$'&))"($2-.1'C.,.'1.')&2)"$2)".'>,"$>.<'h.#-.'$2-&2)$#'C.,$)$'F*$'.C$2.#'
#*#)"-6 ' 1. ' )*,"&#"(.( ' ($1 ' ?*2(& ' >,"$>&E ' C*$# ' 2" ' #"F*"$,. ' *2 ' .)&2-$)"?"$2-& ' -.2'
($)"#"B& ' )&?& ' $1 ' #.F*$& ' ($ ' 1. ' )"*(.( ' C&, ' 1&# ' >.1&# ' $2 ' 1&# ' "2")"&# ' ($ ' 1&# ' .%&#'
&)8$2-. ' ($1 ' #">1& ' 5i ' .<a< ' C,&B&)6 ' &-,. ' )&#. ' F*$ ' .1>*2.# ' 2&-")".# ' "2)"$,-.# ' .1'
,$#C$)-&E')*;&#'$)&#'#$'($I.2'#$2-",'$2'1.#'&+,.#'($'0,"#-6-$1$# ';'($'h$,.)1"($#'
b62-")&<'42').?+"&E'1.'C$2$-,.)"62',&?.2.'$2'a.?C.2".E'#*'.1".23.')&2'1.')"*(.('
>,"$>.'($'].C&1$#';'#*#'1*)8.#')&2-,.'1&#'#.?2"-.#'#*#)"-.,&2';.'($':&,?.')1.,.'$1'
"2-$,L#'C&,'1.'2*$B.'C&-$2)".'($1'S$("-$,,H2$&'&))"($2-.1<
e-,& ' C*2-& ' ($ ' "2:1$c"62 ' ($-$,?"2.2-$ ' $2 ' $#-$ ' C,&)$#& ' :*$ ' 1. ' C,$#$2)". ' ($1'
)&2(&-"$,&'>,"$>&'b",,&E',$;'($1'4C",&';'C,"?&'#$>*2(&'($'01$I.2(,&'S.>2&E'F*$'$2'
$1'C,"?$,')*.,-&'($1'#">1&'555'.<a<'.)*("6'.'1.'11.?.(.'($'T.,$2-&'C.,.'$2).+$3.,'1.'
,$#"#-$2)".'($'1.#')"*(.($#'>,"$>.#')&2-,.'A&?.'$2'#*$1&'"-H1")&<'41'#&2.(&':,.).#&'
($ ' #* ' C,$-$2("(. ' ).?C.%. ' &))"($2-.1E ' ).,.)-$,"3.(. ' C&, ' #*# ' )L1$+,$# ' pB")-&,".#'
CK,,").#q')&2-,.'1&#',&?.2&#';'C&,'$1'.+.2(&2&'($'#*'-$2-.-"B.'($'.-.).,'a.,-.>&'
($+"(&'.'1.'2$>.-"B.'($'#*#'.1".(&#'#")"1".2&#'.'#$)*2(.,'#*#'C1.2$#E'#",B"6'#&+,$'
-&(& ' C.,. ' F*$ ' .1>*"$2 ' C,&)$($2-$ ' ($1 ' ?*2(& ' >,"$>& ' )&2#-.-.,. ' $2 ' C$,#&2. ' 1.'
"?C,$#"&2.2-$').C.)"(.('?"1"-.,'($'1&#',&?.2&#<'D.',$-",.(.'($:"2"-"B.'($'b",,&'#$116'
$1'($#-"2&':"2.1'($'1.#')"*(.($#'>,"$>.#'($1'#*,'($'5-.1".E'F*$'8*+"$,&2'($').C"-*1.,'
:"2.1?$2-$'.2-$'1.'),$)"$2-$'C,$#"62',&?.2.<'41'?*2(&'>,"$>&'&,"$2-.1'.#"#-K.'.#K'C&,'
C,"?$,.'B$3'.1'"?C.,.+1$'.#)$2#&'8$>$?62")&'($'A&?.E'*2.')"*(.('#$?"+H,+.,.';'
-&(.BK.'C&)&')&2&)"(.'F*$'#$'$#-.+.')&2B",-"$2(&'.'C.#&#'.>">.2-.(&#'$2'1.'(*$%.'
;'#$%&,.'($'-&(.'1.'C$2K2#*1.'"-H1").<

'$

D. ' C,$#$2)". ' >,"$>. ' $2 ' A&?. ' #$ ' .),$)$2-6 ' ($ ' :&,?. ' 2&-&,". ' -,.# ' $#-.#'
)&2F*"#-.#<'f2'$#)1.B&'($'T.,$2-&E'D"B"&'02(,62")&E'C*#&'$2'$#)$2.'$2'$1'O^P'.<a<'
-,.>$(".#';')&?$(".#'>,"$>.#';'11$B6'.').+&'*2.'-,.(*))"62'.1'1.-K2'($'1.'K+%/)"'F*$'
)&2#-"-*;$ '$1' "2")"& '$?+1$?H-")&'($' 1. '1"-$,.-*,. ',&?.2.< '0#K' ?"#?& '#$' "2#-.16'$2'
A&?.'1.'C,"?$,.'$#)*$1.'F*$'C,&C&,)"&2.+.'*2.'$(*).)"62'($'$#-"1&'>,"$>&<'a&2'1.'
).C-*,. ' ($ ' )"*(.($# ' )&?& 'T.,$2-& ' ; ' R",.)*#.E ' F*$ ' )&2-.+.2 ' )&2 ' *2 ' "?C&,-.2-$'
C.-,"?&2"&'.,-K#-")&';'?&2*?$2-.1E'.:1*;$,&2'-.?+"L2'.'A&?.'2*?$,&#.#'&+,.#'($'
.,-$ ' >,"$>.# ' ($#-.).(.# ' ; ' *2. ' ?.#. ' )&2#"($,.+1$ ' ($ ' $#)1.B&# ' F*$ ' ($I.,&2 ' #*'
"?C,&2-.E'2&'#"$?C,$':.B&,.+1$E'$2'1.'C$,)$C)"62',&?.2.'($'1&'>,"$>&<'52)1*#&'$2'$1'
-$,,$2&'?"1"-.,E'(&2($'C.,$)K.'F*$'1&#',&?.2&#'C&(K.2'.C,$2($,'+"$2'C&)&'($'#*#'
B$)"2&#E',$#*1-.,&2'-.?+"L2'C,&:*2(.?$2-$'"?C,$#"&2.(&#'C&,'1&#'"2>$2"&#'+L1")&#'
($ '0,F*K?$($#E ' F*$ ' 8.+K. ' )&1.+&,.(& ' ($ ' :&,?. ' ($)"#"B. ' )&2 ' #*# ' "2B$2-&# ' . ' 1.'
($:$2#.E'.*2F*$'.'1.'C&#-,$',$#*1-.,.'"2J-"1E'($'#*'C.-,".'#")"1".2.<
R"2'$?+.,>&E'$1'C.#&'($)"#"B&',$#C&2#.+1$'($'F*$'A&?.'&)*C.,.'*2'1*>.,';.'
($'C,"B"1$>"&'&+1">.(&'($2-,&'($'1.')&2-"$2(.'>,"$>.'#$'C,&(*I&'$2'$1'O`^'.<aE')*.2(&'
1.#'1$>"&2$#',&?.2.#'),*3.,&2'C&,'C,"?$,.'B$3'$1'0(,"H-")&'$'"2")".,&2'($'$#-.':&,?.'
1. ' F*$ ' #$,K. ' 1. ' ($:"2"-"B. ' :.#$ ' ($ ' $cC.2#"62 ' ,&?.2. ' $2 ' $1 ' e,"$2-$ ' >,"$>&E ' F*$'
)&2)1*",K.'$2'$1'U^`'.<a<')&2'1.'$?+1$?H-").').C-*,.';'($#-,*))"62'($'1.')"*(.('($'
a&,"2-&<'D.#'C,"?$,.#'.))"&2$#',&?.2.#'$2'#*$1&'>,"$>&'-*B"$,&2'1*>.,'(*,.2-$'1.'
($2&?"2.(. ' C,"?$,. ' >*$,,. ' ?.)$(&2".E ' $2 ' 1. ' F*$ ' )&?+.-"$,&2 ' )&2-,. ' $1'
$cC.2#"&2"#?&'?.)$(&2"&'$?C,$2("(&'C&,'$1',$;'M"1"C&'iE'$2'.C&;&'($'1&#'$-&1"&#<'41'
&+I$-"B&'C,"&,"-.,"&'($'A&?.'$,.'$2-&2)$#'#"?C1$?$2-$'&+#-.)*1"3.,'1&'?H#'C&#"+1$'
1.# ' .))"&2$# ' ($ ' M"1"C&E ' ($ ' F*"$2 ' F*"3H ' -$?K.2 ' *2. ' .1".23. ' )&2 ' 1&# ' ).,-.>"2$#$#E'
C,$#-.2(& ' .;*(. ' . ' #*# ' ?H# ' ",,$)&2)"1".+1$# ' $2$?">&# ' >,"$>&#E ' 1&# ' $-&1"&#E ' #"2'
($#C,$)".,E')1.,&'$#-HE'1.'.(F*"#")"62')",)*#-.2)".1'($'+&-K2'F*$'($C.,.#$'$1')*,#&'($'
1&#'$2:,$2-.?"$2-&#<'T&(.BK.'2&'#$'1$#'8.+K.'C.#.(&'C&,'1.').+$3.'2"2>*2.')1.#$'($'
&)*C.)"62'C$,?.2$2-$'($1'-$,,"-&,"&')&2F*"#-.(&E'F*$'C,$:$,K.2'($I.,'+.I&'$1')&2-,&1'
($'#*#'&).#"&2.1$#'.1".(&#E'1&#'$-&1"&#E'-.1';')&?&'F*$(6'$cC1")"-.(&'$2'$1'-,.-.(&'
#*#),"-& ' )&2 ' $11&# ' ($1 ' F*$ ' )&2#$,B.?&# ' *2. ' )&C". ' . ' -,.BL# ' ($ ' *2. ' "2#),"C)"62'
:,.>?$2-.,".<'!$'8$)8&E')*.2(&'1.#')&#.#'C.,$)"$,&2'",'$2).?"2.(.#'$2'$1'#$2-"(&'
($ ' #*# ' $cC$)-.-"B.#E ' 1&# ' ,&?.2&# ' .+.2(&2.,&2 ' . ' #* ' #*$,-$ ' . ' 1&# ' $-&1"&# ' C.,.'
&)*C.,#$ ' ($ ' .#*2-&# ' ?H# ' *,>$2-$# ' F*$ ' ($?.2(.+.2 ' #* ' .-$2)"62 ' $2 ' $1 ' :,$2-$'
&))"($2-.1< ' D. ' "?.>$2 ' ($I.(. ' C&, ' 1&# ' ,&?.2&# ' )&2 ' #*# ' .)-*.)"&2$# ' ($ ' #.F*$&'
"2("#),"?"2.(&'$2'#*$1&'>,"$>&',$#*1-6'16>").?$2-$'?*;'2$>.-"B.E'.#&)".(.'.($?H#'
.'1&#'$-&1"&#E'F*$E')&?&';.'#$'8.'(")8&E'2&'>&3.+.2'$2'$#-$'#$2-"(&'($'?*;'+*$2.'
:.?.'$2-,$'1&#'C,&C"&#'>,"$>&#<
D.# ' )&#.# ' ).?+".,&2 ' ($ ' :&,?. ' #*#-.2)".1 ' )&2 ' $1 ' $#-.11"(& ' ($ ' 1. ' #$>*2(.'
>*$,,.')&2-,.'M"1"C&'i'F*$E'.8&,.'#KE'($#$?+&)6'$2'*2'$2:,$2-.?"$2-&'(",$)-&'($'1.#'
1$>"&2$#',&,2.2.')&2'1.':.1.2>$'?.)$(&2".'$2'1.'+.-.11.'?H#'.,,"+.'?$2)"&2.(.'($'
a"2&#)L:.1.#<'01>*2&#'(",">$2-$#',&?.2&#'$,.2')&2#)"$2-$#'($'1.'?.1.'"?.>$2'F*$'
8.+K.'($I.(&'#*'.)-*.)"62'.2-$,"&,';E'$2')&2#$)*$2)".E'-,.-.,&2'($').2.1"3.,'$#-.'
B$3 ' #* ' )&?C&,-.?"$2-& ' C&, ' 2*$B&# ' ($,,&-$,&#E ' #&+,$ ' -&(& ' -,.# ' 8.+$, ' -&?.(&'
)&2)"$2)".'($'1.'"?C&,-.2)".'F*$'-$2K.2'1.'&C"2"62'CJ+1").';'1.'C,&C.>.2(.'$2'$1'
($#.,,&11&'$:$)-"B&'($'1.'C&1K-").'($2-,&'($1')&2-$c-&'8$1L2")&<'41'C.C$1'($'M1.?"2"2&E'
*2 ' +*$2 ' )&2&)$(&, ' ($ ' 1. ' #"-*.)"62 ' ($1 ' C.K#E ' ,$#*1-6 ' ($-$,?"2.2-$ ' $2 ' -&(& ' $#-$'
C,&)$#&E ' F*$ ' )*1?"26 ' )&2 ' 1. ' ;. ' ?$2)"&2.(. ' C,&)1.?.)"62 ' ($ ' 1. ' 1"+$,-.( ' ($ ' 1&#'
>,"$>&#< '0*2F*$ '#$ '8. '.-,"+*"(& ' 1. ' ?$("(. ' .' 1. '("#C&#")"62 ' C,&>,"$>. '($1 ' )62#*1E'
)&2#"($,.(&'*2&'($'1&#'C,"?$,&#':"1&8$1$2&#'($'1.'8"#-&,".E'$1':.)-&,'($)"#"B&'($+"6'($'

'%

#$,'?H#'+"$2'#*'"2-$1">$2)".'C&1K-").E'F*$E'.'(":$,$2)".'($'1&'F*$'8.+K.'&)*,,"(&')&2'
#*# '.2-$)$#&,$# ' ;'#*)$($,K. '($#C*L# ')&2 '?*)8&#'($' 1&# 'F*$ '($#$?C$%.,&2' #*'
).,>&E'1$'8.+K.'#$,B"(&'C.,.'$2-$2($,'$1'"2$:.+1$'I*$>&'C$,B$,#&'($'1.'C&1K-").'>,"$>.'
;'#.+$,'.C,&B$)8.,'$2'#*'C,&C"&'+$2$:")"&'-&(.#'#*#'.,-"?.%.#';'($+"1"(.($#<
M1.?"2"2&'C,$C.,.+.'.#K'-.?+"L2'*2'?.,)&'($'.1".23.#':.B&,.+1$'($2-,&'($1'
?*2(&'>,"$>&'.2-$'1.'C$,#C$)-"B.'($'*2'?H#'F*$'"2?"2$2-$')&2:1")-&')&2'&-,&'($'1&#'
>,.2($#'?&2.,).#'8$1$2K#-")&#'($'1.'LC&).E'$1'#$1L*)"(.'02-K&)&'555E')*;.#'.))"&2$#'
$cC.2#"&2"#-.#'$2'1.#')&#-.#'($1'2&,-$'($1'4>$&';'0#".'S$2&,'8.)K.2'"2$B"-.+1$'$1'
)8&F*$ ' ($ ' "2-$,$#$# ' )&2 ' $1 ' 2*$B& ' C,&-$)-&,.(& ' ,&?.2& ' $2 ' N,$)".< ' !$ ' 8$)8& ' 1.'
C&#-*,.'?.;&,"-.,".'.2-$'$1')&2:1")-&'($'1&#'$#-.(&#'>,"$>&#E'"2)1*"(.'1.'($1'C,&C"&'
M"1"C&'iE'#$'($).2-6'($1'1.(&',&?.2&E'8.)"$2(&'($1'-&(&'"2$:").)$#'1.#'$#-,.-.>$?.#'
C,&C.>.2(K#-").# ' ($ '02-"&)&E ' .#$#&,.(& ' .8&,. ' C&, ' 1&# ' $-&1"&# ' )&?& ' #*# ' 2*$B&#'
C,&?&-&,$#'($2-,&'($1'#*$1&'>,"$>&E'F*$'11$>6'.').#.,#$'"2)1*#&')&2'*2.'I&B$2'($'1.'
)"*(.('($'a.1)"#<'D.':&,3.(.',$-",.(.'$?C,$2("(.'C&,'$1',$;'#","&'($#($'#*#')*.,-$1$#'
>,"$>&#')*1?"2&'$2'1.'($#.#-,&#.'+.-.11.'($'S.>2$#".'($1'R"C"1&'$2'0#".'S$2&,'$2'$1'
UZP ' .<a<E ' (&2($ ' 1.# ' 1$>"&2$# ' ,&?.2.# ' +.I& ' $1 ' ?.2(.-& ' ($ ' 4#)"C"62 ' 0:,").2&'
B&1B"$,&2 ' . ' ($?&#-,., ' ($ ' ?.2$,. ' )&2-*2($2-$ ' ; ' $:$)-"B. ' #* ' #*C$,"&,"(.( ' -H)-").'
#&+,$ ' 1. ' :.1.2>$ ' ?.)$(&2".E ' )&?& ' ;. ' 8.+K. ' #*)$("(& ' .2-$# ' $2 ' a"2&#)L:.1.#< ' D.'
,$#&2.2-$'B")-&,".'.?C1"6'$1'H,$.'($'"2:1*$2)".'($'1.'8$>$?&2K.',&?.2.E'F*$'#.1-6'
.8&,.'$1'4>$&'C.,.'.+.,).,'"2)1*#&'+*$2.'C.,-$'($'0#".'S$2&,'8.#-.'1.')&,("11$,.'($1'
T.*,&E'$#-.+1$)"(.')&?&'2*$B&'1K?"-$'($'#$C.,.)"62'$2-,$'1.#'3&2.#'($'"2:1*$2)".'
,&?.2. ' ; ' #$1L*)"(.< ' D. ' ).?C.%. ' #">2":")6 ' .($?H# ' 1. ' )&2#$)*)"62 ' ($ ' *2'
"?C,$#"&2.2-$'+&-K2E';.'F*$'1.#')"*(.($#'($'1.'3&2.'.#"H-").'$,.2'?*)8&'?H#',").#';'
C,6#C$,.#'F*$'1.#'($'1.'C$2K2#*1.'+.1)H2").E'8.#-.'$1'C*2-&'($'F*$'.1>*2&#'.*-&,$#'
,&?.2&#'#"-*.,&2'$2'$#-&#'C,$)"#&#'?&?$2-&#'$1'"2")"&'($'1.'($).($2)".'?&,.1';'($'
1.')&,,*C)"62'($'1.#')&#-*?+,$#'$2'A&?.<
0' C$#., ' ($ ' F*$ ' A&?. ' -&(.BK. ' 2& ' 8.+K. ' "?C*$#-& ' #&+,$ ' $1 ' ?*2(& ' >,"$>&'
2"2>J2 ' -"C& ' ($ ' (&?"2.)"62 ' (",$)-. ' F*$ ' "?C1").,. ' 1. ' C$,)$C)"62 ' ($ ' -,"+*-&# ' & ' 1.'
$2-,$>. ' -&-.1 '($ ' #* ' #&+$,.2K.E '1&# '$#C$)-.)*1.,$# ' -,"*2:&# ' &+-$2"(&# '$2 '-.2 ')&,-&'
$#C.)"&'($'-"$?C&E'.C$2.#'#"$-$'.%&#E'#&+,$'1.#'F*$'$,.2'$2'$#&#'"2#-.2-$#'1.#'(&#'
>,.2($#'?&2.,F*K.#'($1'?&?$2-&E'C*$#'$1'4>"C-&'-&1$?.")&'8.+K.'($I.(&')1.,.'#*'
C&#")"62'($')&1.+&,.)"62'.+"$,-.')&2'1&#',&?.2&#E'($#C$I.,&2'($':&,?.')&2#"($,.+1$'
$1'C.2&,.?.'C&1K-")&'"2-$,2.)"&2.1<'A&?.'.C.,$)K.'.8&,.')&?&'$1'C&($,'8$>$?62")&'
"2)*$#-"&2.+1$')&2')*;.'&C"2"62').+K.')&2-.,'$2'-&(&'?&?$2-&<'0#K'#$'($?&#-,6'$2'
$1')*,#&'($'1.'-$,)$,.E';'J1-"?.E'>*$,,.')&2-,.'$1',$"2&'?.)$(&2"&E'>&+$,2.(&'.8&,.'
C&,'b$,#$&E'$1'8"I&'($'M"1"C&'iE'F*$'.#C",.+.'.',$)&+,.,'#"2'>,.2($#'.#C.B"$2-&#E'C$,&'
)&2#)"$2-$ ' -&(.BK. ' ($ ' #* ' C&-$2)".1E ' 1. ' C&#")"62 ' 8$>$?62"). ' ($2-,& ' ($1 ' $#C.)"&'
+.1)H2")&';'$>$&'F*$'1$')&,,$#C&2(K.'C&,'-,.(")"62<'D.'.C.,"$2)".'($'"2($C$2($2)".'
($ ' F*$ ' >&3.+.2 ' -&(.BK. ' 1&# ' $#-.(&# ' >,"$>&# ' F*$(6 ' .+"$,-.?$2-$ ' $2 ' $2-,$(")8&'
)*.2(&'.1>*2&#'($'$11&#E')&?&'1.'"#1.'($'A&(.#'&'1.'C*I.2-$'a&2:$($,.)"62'0F*$.E'.'
C$#.,'($'F*$'#"$?C,$'8.+K.2'($?&#-,.(&'#*'C&#")"&2.?"$2-&'C,&,,&?.2&'($+"(&'.'
#*':,&2-.1'&C&#")"62'.'S.)$(&2".E'($)"("$,&2E'"2>$2*.?$2-$E'?.2-$2$,'$2'$#-$').#&'
1.'2$*-,.1"(.(<'D.'(*,.',$#C*$#-.',&?.2.'-,.#'#*'2*$B.'B")-&,".'#&+,$'b$,#$&'$2'
b"(2.'$2'$1'U`X'.<a<E'F*$'#">2":")6'$1':"2.1'($'1.'?&2.,F*K.'?.)$(&2".E')&2'-&(&#'
.F*$11&#'F*$'2&'#$'8.+K.2'($).2-.(&')1.,.?$2-$'($'#*'+.2(&'?&#-,6'1.'B$,(.($,.'
).,.'($'1.'2*$B.'#"-*.)"62<'D&#',&?.2&#'$c">"$,&2'.'1&#'.F*$&#'1.'$2-,$>.'($'?"1'
,$8$2$#E ' #.1"(&# ' ($ '1.# ':"1.# '($ ' 1. ' L1"-$ '(",">$2-$ ' ($1 'C.K#E' $2-,$ ' 1&# 'F*$ ':">*,.+.'
b&1"+"&E';'8*2("$,&2'1.'C*I.23.')&?$,)".1'($'A&(.#')&2'1.'($)1.,.)"62'($'C*$,-&'

'&

:,.2)&'($'1.'"#1.'($'!$1&#E'#"2'&1B"(.,'1.'$I$)*)"62'($'.F*$11&#'($'#*#'(",">$2-$#'F*$'
8.+K.2'($#-.).(&'$2'1.'C,&?&)"62'($'1.').*#.'?.)$(&2".<'08&,.E'$1"?"2.(.#';.'($'
?.2$,.'($:"2"-"B.'($'1.'$#)$2.'C&1K-").'1.#'C,"2)"C.1$#'C&-$2)".#'8$1$2K#-").#E'A&?.'
?&#-,.+.'#*',&#-,&'?H#'+,*-.1';'($#C".(.(&')&2'$1'?*2(&'>,"$>&E'($I.2(&'.-,H#'1.#'
"2")".-"B.#'?H#')&2)"1".(&,.#'($'*2'M1.?"2"2&'&'1&#'"2-$2-&#'C&,')&2#$>*",'*2.'+*$2.'
"?.>$2 ' $2-,$ ' 1&# ' >,"$>&# ' )&?& ' C&($, ' :"1&8$1L2")&< ' R* ' "2-,&?"#"62 ' $2 ' 1&# ' .#*2-&#'
"2-$,2&#'($'1&#'$#-.(&#'>,"$>&#':*$').(.'B$3'?H#')&2#-.2-$';'#$'>$2$,6'*2'.?C1"&'
($#)&2-$2-& ' $2 ' #* ' )&2-,. ' C&, ' -&(.# ' C.,-$#E ' F*$ ' .).+.,K. ' )&2(*)"$2(&'
",,$?"#"+1$?$2-$ ' .1 ' J1-"?& ' $C"#&("& ' ($ ' ,$#"#-$2)". ' .,?.(. ' )&2-,. ' 1. ' 8$>$?&2K.'
,&?.2.E'1.'($2&?"2.(.'>*$,,.'.).").'($1'U^`'.<a<E'F*$')&2)1*;6')&2'1.'($#-,*))"62'
;'$1'#.F*$&'($'1.')"*(.('($'a&,"2-&E'(&2($'#$'8.+K.2',$:*>".(&'1&#'J1-"?&#',$+$1($#E'
#$11.2(&'($'$#-.'?.2$,.')*.1F*"$,'C&#"+"1"(.('($',$)*C$,.,'($'2*$B&'1.'1"+$,-.(';'
.*-&2&?K.'>,"$>.#<
R"2 ' $?+.,>&E ' 1.# ' )&#.# ' 2& ' ).?+".,&2 ' ($ ' :&,?. ' #*#-.2)".1 ' $2 ' 1. ' C,&C".'
("2H?"). ' ($ ' 1. ' C&1K-"). ' >,"$>.< ' 42 ' 2"2>J2 ' ?&?$2-& ' #$ ' .,-")*16 ' 2"2>J2 ' :,$2-$ ' ($'
,$#"#-$2)".')&?J2'2"'#$'C,&(*I&'*2.'("B"#"62'($'1.'#&)"$(.('>,"$>.'$2'(&#'+1&F*$#'
",,$)&2)"1".+1$#E'1.#')1.#$#'(",">$2-$#E'F*$')&2-.+.2')&2'$1'.C&;&';'1.')&22"B$2)".'($'
A&?.E ' ; ' 1.# ' ?.#.# ' C&C*1.,$#E ' ($)"("(.?$2-$ ' )&2-,.,".# ' . ' 1. ' (&?"2.)"62 ' ;'
("#C*$#-.#'#"$?C,$'.'1.',$+$1"62<'a&?&'+"$2'($?&#-,6'$2'#*'(K.'$1'$#-*("&#&'8$+,$&'
!&,&2'S$2($1#E'1.#')1.B$#'($1')&?C&,-.?"$2-&'>,"$>&'$2'$#-&#')&2:1")-"B&#';'(":K)"1$#'
?&?$2-&#':*$,&2'$1'&C&,-*2"#?&';'1.'C*,.')&2B$2"$2)".'$#-,.-L>").'?H#'F*$'*2.'
("B"#"62',.(").1';'C,$$#-.+1$)"(.'($').,H)-$,'#&)"&$)&26?")&<'D.'.-HB").'1*)8.'C&,'$1'
C&($,'($2-,&'($'1&#'$#-.(&#'>,"$>&#'#$'.)$2-*6'-&(.BK.'?H#'$2'$#-&#'-"$?C&#'($'
)&2:*#"62< ' D. ' .)-"B"(.( ' "?C1.).+1$ ' ($ ' 1.# ' (":$,$2-$# ' :.))"&2$# ' .,"#-&),H-").#'
:$)*2(.(.# ' C&, ' #*# ' ,$#C$)-"B.# ' )1"$2-$1.# ' C&1K-").# ' )&2-"2*6 ' #"$2(& ' 1. ' C.*-. ' ($'
)&?C&,-.?"$2-&'>$2$,.1<'D.'"2I$,$2)".',&?.2.'#$'1"?"-6'.'#.).,'$1'?.;&,'C.,-"(&'($'
$#-$'C$1">,&#&'$'"2$#-.+1$').1(&'($')*1-"B&E'C,$#-.2(&'1&#'.C&;&#'2$)$#.,"&#')*.2(&'
#$ ' 1$ ' ,$)1.?.+.2 ' ($#($ ' .1>*2. ' ($ ' $#-.# ' :.))"&2$#E ' #"2 ' "?C&,-.,1$# ' -.?C&)&'
C,&C&,)"&2., ' $1 ' #&C&,-$ ' 2$)$#.,"& ' . ' C&1K-")&# ' ($#).,.(.?$2-$ ' ($?.>6>")&# ' ;'
&C&,-*2"#-.# ' F*$ ' $F*"1"+,.+.2 ' .#K ' #* ' "2:$,"&,"(.( ' C&1K-"). ' ,$#C$)-& ' . ' #*# ' ,"B.1$#E'
?*)8&'?H#'C&C*1.,$#';')&2'?.;&,'2J?$,&'($'#$>*"(&,$#<'f2.'#$,"$'($',$-,.-&#'
"2&1B"(.+1$#'($'$#-.')1.#$'($'C$,#&2.I$#'($#:"1.2'C&,'1.#'CH>"2.#'($'1.#'8"#-&,".#'($'
b&1"+"&';'($1',&?.2&'T"-&'D"B"&E'F*$'*-"1"36'1.#'"2:&,?.)"&2$#'($'#*'.2-$)$#&,'$2'$#-$'
-$,,$2&<'41'C,&C"&'b&1"+"&':*$'BK)-"?.'($'*2.'#"-*.)"62'($'$#-.'K2(&1$';'B*$1).'$2'#*'
&+,. ' -&(& ' #* ' ,$2)&, ' )&2-,. ' $#-. ' )1.#$ ' ($ ' "2("B"(*&#E ' F*$ ' $2 ' 1. ' B"#"62E ' #"2 ' (*(.'
-.?+"L2'C.,-"("#-.E'($1'8"#-&,".(&,'.C.,$)$2')&?&'>$2-$#'#"2'$#),JC*1&#').C.)$#'($'
.2-$C&2$,'#*#'C,&C"&#'"2-$,$#$#'.'1&#'($'#*')&?*2"(.(<
D.'),$.)"62'($'1.'C,&B"2)".'($'0).;.E'F*$':*$'$1',$#*1-.(&':"2.1'($'1.'($,,&-.'
.F*$. ' $2 ' a&,"2-&E ' 2& ' #">2":")6 ' 2"2>*2. ' ?$I&,. ' #*#-.2)".1 ' ($ ' 1. ' #"-*.)"62 ' ($'
"2$#-.+"1"(.('>.1&C.2-$'F*$'B"BK.'$1'?*2(&'>,"$>&'($'.F*$1'$2-&2)$#E'.)&#.(&'C&,'
1.#'1*)8.#'C.,-"("#-.#'$2'#*'"2-$,"&,';'C&,'*2.'#$,".'),"#"#'$)&26?").'F*$'#*?K.'.'#*#'
>$2-$#'$2'1.')&2:*#"62E'1.'C&+,$3.E'1.'),"?"2.1"(.(';'1.'($#$#C$,.)"62')&2(*)$2-$'.'
*2. ' ,$+$1"62 ' )&2($2.(. ' ($ ' .2-$?.2& ' .1 ' :,.).#&< ' 41 ' ($#)&2-$2-& ' >$2$,.1"3.(&'
.1).236 ' -.1$# ' 2"B$1$# ' F*$ ' 8")"$,&2 ' .)&2#$I.+1$ ' *-"1"3., ' &-,& ' -"C& ' ($ ' ?$("(.# ' ?H#'
("#*.#&,".# ' $2 ' 1*>., ' ($ ' 1. ' #"?C1$ ' ,$C,$#"62 ' .,?.(.< ' D. ' "2-$,B$2)"62 ' ($ ' b&1"+"&'
.)-*.2(& ' )&?& ' ?$(".(&, ' ($ ' 1&# ' ,&?.2&# ' ; ' -,.-.2(& ' ($ ' )&2#$>*", ' *2 ' )"$,-&'
)&2#$2#&'.':.B&,'($'1.'?&($,.)"62'#$'"2#),"+$'($2-,&'($'$#-.'1K2$.<'R"2'$?+.,>&E'
1.#'+*$2.#'"2-$2)"&2$#'($1'8"#-&,".(&,'2&'#",B"$,&2'($'?*)8&E'.'C$#.,'($'F*$'#*'

''

1.+&,':*$'($+"(.?$2-$',$)&2&)"(.'.'-,.BL#'($'*2.'"2#),"C)"62')&2?$?&,.-"B.<'R",B.'
($ ' ?*$#-,. ' $1 ' ).#& ' $?+1$?H-")& ' ($ ' 1. ' )"*(.( ' .F*$. ' ($ ' !"?$E ' )*;& ' "2-$2-& ' ($'
#$(")"62')&2-,.'$1'2*$B&'&,($2'"?C*$#-&'C&,'A&?.')&2&)$?&#'>,.)".#'.'*2'($),$-&'
F*$ ' 8. ' 11$>.(& ' 8.#-. ' 2&#&-,&# ' $2 ' $1 ' F*$ ' #$ ' ($-.11.2 ' .1>*2.# ' ($ ' 1.# ' ?$("(.#'
,$C,$#&,.#<'D.',$+$1"62'$#-.+.'$2).+$3.(.'C&,'.1>*2&#'($'1&#'?.>"#-,.(&#'($'1.'
C,&C". ' )"*(.( ' F*$ ' ($)"("$,&2 ' $?C,$2($, ' *2. ' #$,"$ ' ($ ' ?$("(.# ' ,.(").1$# ' )&?&'
#&1*)"62'($#$#C$,.(.'.'*2.'#"-*.)"62'"2#&#-$2"+1$'C,&B&).(.'C&,'$1'(&?"2"&',&?.2&<'
4# ' ?H# ' F*$ ' C,&+.+1$ ' F*$ ' 8*+"$,. ' &-,&# ' ).#&# ' #"?"1.,$# ' F*$ ' 2& ' 8.2 ' 11$>.(& ' .'
2*$#-,&')&2&)"?"$2-&<
41'"2),$?$2-&'($'1.'C,$#$2)".',&?.2.'#$'($I6'#$2-",'$2'1.#',$>"&2$#'>,"$>.#E'
$#C$)".1?$2-$ ' $2 ' 1*>.,$# ' )&?& ' 1. ' "#1. ' ($ ' !$1&#E ' (&2($ ' $c"#-K. ' *2. ' "?C&,-.2-$'
)&?*2"(.( '($' ?$,).($,$# ',&?.2&# '$ '"-H1")&#E '&'$2' 1.# ')"*(.($# '($'0#". 'S$2&,E'
(&2($ ').?C.+.2'. '#*# '.2)8.# '1.# ')&?C.%K.#'($'C*+1").2&#E '$2).,>.(.# 'C&, '$1'
$#-.(&',&?.2&'($'1.',$).*(.)"62'($'"?C*$#-&#E'F*$'$,.'11$B.(.'.').+&').#"'#"$?C,$'
($ ' :&,?. ' .+*#"B.< ' 41 ' ($#)&2-$2-& ' ; ' $1 ' &("& ' >$2$,.(& ' C&, ' 1. ' .)-*.)"62 ' ,&?.2.E'
$#C$)".1?$2-$ ' C&, ' 1. ' ($#"(". ' ; ' $1 ' ($#C,$)"& ' ($?&#-,.(& ' C&, ' #*# ' ,$C,$#$2-.2-$#'
&:")".1$#E'$#-.11.,&2'($':&,?.'(,.?H-").')&2'?&-"B&'($1'J1-"?&'"2-$2-&'($')&?+.-",'1.'
8$>$?&2K. ' ,&?.2. ' $2 ' e,"$2-$ ' F*$ ' -*B& ' 1*>., ' . ' )&?"$23&# ' ($1 ' #">1& ' 5 ' .<a< ' R*'
C,&-.>&2"#-.'($#-.).(&':*$'S"-,K(.-$#'i5E'$1',$;'($1'b&2-&E'*2.'($'1.#'?&2.,F*K.#'
8$1$2K#-").#'?$2&,$#'F*$'8.+K.2'"(&'#*,>"$2(&'($'1.'($#)&?C&#")"62'C,&>,$#"B.'($1'
>">.2-$#)&'$#-.(&'#$1L*)"(.'.'1&'1.,>&'($'1&#'J1-"?&#'-"$?C&#<'41'"?C$-*&#&';'#.>.3'
?&2.,).'>*.,(.+.'*2'C,&:*2(&',$2)&,'.'1&#',&?.2&#'C&,'1.'($#)&2#"($,.)"62'F*$'
8.+K.2 ' ($?&#-,.(& ' 8.)". ' #* ' C.(,$ ' .1 ' 8.+$,1$ ' ($#C&#$K(& ' ($ ' .1>*2.# ' ($ ' 1.#'
,$>"&2$#'.2.-&1".#'.')*;.'C&#$#"62'.#C",.+.E'.'C$#.,'($'F*$'8.+K.'C,$#-.(&'-&(.'#*'
)&1.+&,.)"62'$2'1.',$C,$#"62'($'1.',$+$1"62'($'0,"#-62")&'$2'$1'UQQ'.<aE')*.2(&'*2'
C,$-$2("$2-$ ' "1$>K-"?& ' 8.+K. ' "2-$2-.(& ' #"2 ' Lc"-&' ,$#-.*,., ' 1. ' ("2.#-". ' .-H1"(. ' $2 ' $1'
-,&2&'($'bL,>.?&'($#C*L#'($'F*$'#*'J1-"?&'1$;'1$>.,.'$1',$"2&'.'A&?.<'S"-,K(.-$#'
-,.-6'($'$2>,&#.,'#*#':"1.#')&2'-&(&#'1&#'>,"$>&# '($'1.#')"*(.($# '($'0#".'S$2&,'
C,$#$2-H2(&#$ ' )&?& ' $1 ' 2*$B& ' #.1B.(&, ' ).C.3 ' ($ ' 1"+$,.,1.# ' ($ ' #*# ' 2*$B&#'
&C,$#&,$#<'R*'C,&)1.?.E'F*$'"2#-.+.'.'(.,'?*$,-$'.'-&(&#'1&#',&?.2&#',$#"($2-$#'
$2 ' 1. ' 3&2.E ' :*$ ' #$>*"(. ' ($ ' :&,?. ' ?.#"B. ' $2 ' ?*)8.# ' ($ ' $#-.# ' )"*(.($# ' )&2'
($#.#-,&#.#';'-,H>").#')&2#$)*$2)".#E'C,"?$,&'C.,.'1&#'?*)8&#',&?.2&#'$'"-H1")&#'
F*$ ' :*$,&2 ' BK)-"?.# ' "2&)$2-$# ' ($ ' 1. ' B"&1$2)". ' "2("#),"?"2.(. ' ; ' ($#C*L# ' C.,. ' 1&#'
C,&C"&#'B$,(*>&#E'F*$'C.>.,&2')&2'),$)$#'#*'.)-&'($',$+$1(K.')&2'1.'"?C1.).+1$'
,$C,$#"62 ' C&#-$,"&, ' 11$B.(. ' . ' ).+& ' C&, ' $1 ' #.2>*"2.,"& ' R"1.< ' 4#-$ ' -,H>")& ' ; ' :.-.1'
.)&2-$)"?"$2-&E ' )&2&)"(& ' )&?& ' 1.# ' pBK#C$,.# ' .#"H-").#qE ' ($?*$#-,. ' 1. ' (":*#"62 ' $'
"2-$2#"(.('($1'&("&'F*$'#$'8.+K.'.)*?*1.(&')&2-,.'A&?.'$2'.F*$11.#',$>"&2$#<'4#-$'
($#)&2-$2-& ' .1).236 ' -.?+"L2 ' . ' 1. ' ?"#?K#"?. ' 0-$2.#E ' F*$ ' #$)*2(6 ' ($ ' :&,?.'
$2-*#".#-.';'?.;&,"-.,".'1.'"2")".-"B.'($'S"-,K(.-$#<'0*2F*$'1.'B"&1$2)".'2&'.1).236'$1'
>,.(&'($'0#".'S$2&,E'1.',.+".')&2-,.'A&?.':*$'1.',$#C&2#.+1$'($'1.'?.#.),$'($'
)"*(.(.2&#'"-H1")&#'$2'!$1&#<'01'">*.1'F*$'0#".E'0-$2.#'-.?+"L2'#*:,"6'$2'#*#').,2$#'
1.',$C,$#"62'($'R"1.E'F*$'.#$("6'1.')"*(.(';').*#6'"?C&,-.2-$#'($#-,&3&#'$2'$11.')&2'
#*#'.))"&2$#'($'C"11.I$<
D&#'#.F*$&#'($'&+,.#'($'.,-$'>,"$>.#'$c"#-$2-$#'$2'1.#')"*(.($#'&'$2'1&#'
>,.2($# '#.2-*.,"&# 'C.28$1L2")&#' ;'$2' &-,&#'($' ?$2&, '$2-"(.( ' :*$,&2' *2.' ($ '1.#'
#$)*$1.#'?H#'8.+"-*.1$#'($'1&#'#*)$#"B&#'-,"*2:&#',&?.2&#'$2'N,$)".<'D.#'.))"&2$#'
($'S*?"&E'$1'B$2)$(&,'($'1&#'.F*$&#'$2'a&,"2-&E';'($'R"1.'$2'0-$2.#'#&2'F*"3H'1.#'
?H#'$?+1$?H-").# '$2'$#-$ '#$2-"(&'C&,'1.').2-"(.( '($1'+&-K2')&2#$>*"(&';'C&,'$1'

'(

-.1.2-$'($?&#-,.(&'$2'$1')*,#&'($'1.'$cC&1".)"62<'D.'$#)$2.'($#),"-.'C&,'b1*-.,)&'$2'
1. ' F*$ ' *2&# ' #&1(.(&# ' ,&?.2&# ' I*$>.2 ' . ' 1&# ' (.(& ' #&+,$ ' *2. ' C"2-*,. ' >,"$>. ' F*$'
8.)K.2'#$,B",'.'?&(&'($'-.C$-$'"1*#-,.'1.'.)-"-*(';'$1',$#C$-&'F*$'1&#'#.F*$.(&,$#'
?&#-,.+.2'8.)".'-.1$#'C,&(*)-&#'($1'"2>$2"&'>,"$>&<'4#-.':&,?.'($'C,&)$($,';.'8.+K.'
#"(&'C*$#-.'.2-$,"&,?$2-$'$2'C,H)-").'$2'1.#')"*(.($#'>,"$>.#'($1'#*,'($'5-.1".';'
R")"1".E')&2'$1'#.F*$& '($'R",.)*#.'C&,'S.,)$1&E'F*$'.).,,$6'$2-,$'&-,.#'CL,("(.#'
",,$?$(".+1$# ' 1. ' C,&C". ' ?*$,-$ ' ($1 ' "2$:.+1$ '0,F*K?$($# ' . ' ?.2&# ' ($ ' *2 ' #&1(.(&'
,&?.2& 'F*$'($#)&2&)K. '1.'$2B$,>.(*,. '($ '#* 'BK)-"?. '&).#"&2.1< 'a"*(.($#')&?&'
0-$2.# ' ; ' a&,"2-& ' & ' #.2-*.,"&# ' ($ ' 1. ' -.11. ' ($ ' !$1:&# ' ; ' e1"?C".E ' F*$ ' $,.2 ' )$2-,&#'
$?+1$?H-")&#' ($ '1.')"B"1"3.)"62' >,"$>.E' #*:,"$,&2 '$#-.# ')&2#$)*$2)".#' ;' F*$(.,&2'
C,&:*2(.?$2-$'?$,?.(&#'$2'#*',"F*$3.'C.-,"?&2".1<'b$,&'1.#'.))"&2$#'($'#.F*$&'
.:$)-.,&2 ' -.?+"L2 ' . ' &-,&# ' 1*>.,$# ' ($ ' 1. ' >$&>,.:K. ' >,"$>. ' F*$ ' )&2-.+.2'
.C.,$2-$?$2-$ ' )&2 ' *2 ' ?$2&, ' C$#& ' $#C$)K:")& ' ($2-,& ' ($1 ' )&2I*2-& ' >$2$,.1 ' )&?&'
T$>$.E'T$#C".#E'0,>&#E'T,"-$.E'M.,.#'&'01.1)6?$2.#<'4#-$'"2-$,?"-$2-$'-,.#B.#$'($'
&+,.#'.,-K#-").#'>,"$>.#'($#($'#*#'1*>.,$#'($'&,">$2'8.)".'1.#'?.2#"&2$#'C,"B.(.#';'
1&#'$#C.)"&#'CJ+1")&#',&?.2&#')&2-"2*6'"2)1*#&'*2.'B$3')&2)1*"(.#'1.#')&2F*"#-.#E'
)&?&'C&2$2'($'?.2":"$#-&'1&#'#.F*$&#'($1'C,$-&,'i$,,$#'$2'R")"1".E'F*$':*$'.)*#.(&'
C&,'a")$,62'($'?.1B$,#.)"62<'T.?+"L2'(*,.2-$'$1'"?C$,"&'C,&#">*"6'$#-$'-,.#"$>&')&2'
1.#'.))"&2$#'($'0*>*#-&E'a.1K>*1.'&']$,62<'R",B.'($'?*$#-,.'$1'8$)8&'($'F*$'#61&'
$#-$'J1-"?&'#$'11$B6'($1'#.2-*.,"&'($'!$1:&#')$,).'($'VPP'&+,.#<
e-,. ' ($ ' 1.# ' )&2#$)*$2)".# ' ($ ' 1.# ' )&2F*"#-.# ' :*$ ' 1. ' 11$>.(. ' ?.#"B. ' ($'
$#)1.B&#'>,"$>&#'.'A&?.E'F*$':*$,&2'*-"1"3.(&#')&?&'C$(.>&>&#'C&,'?*)8&#'2&+1$#'
,&?.2&#')&?&'$1'?"#K#"?&'a.-62'$1')$2#&,E')&2#"($,.(&E'C.,$)$'F*$'2&')&2'-&(.'
I*#-")". ' )&?& ' 8. ' ($?&#-,.(& ' N,*$2E ' $1 ' ($:$2#&, ' . ' *1-,.23. ' ($ ' 1.# ' -,.(")"&2$#'
,&?.2.# ' :,$2-$ ' . ' 1. ' 2$:.#-. ' "2:1*$2)". ' ($ ' 1&# ' C,&(*)-&# ' >,"$>&#< ' 0($?H# ' ($'
$#)1.B&#E ' 11$>.,&2 ' -.?+"L2 ' 2*?$,&#&# ' "2-$1$)-*.1$#E ' :"16#&:&# ' ($ ' 1.# ' $#)*$1.#'
.-$2"$2#$#';'C,&:$#&,$#'($'>,.?H-").';',$-6,").E'F*$'#$'>.2.,&2'1.'B"(.'"?C.,-"$2(&'
#*# ' 1$))"&2$# ' $2-,$ ' *2. ' .,"#-&),.)". ' ,&?.2. ' F*$ ' 8.+K. ' ?&#-,.(& ' ($#($ ' ?*;'
-$?C,.2&'*2.')"$,-.'"2)1"2.)"62'8.)".'-&(&'1&'>,"$>&E'($#($'1.'C*,.'&,2.?$2-.)"62'($'
#*#'$#-.2)".#'C,"B.(.#')&2'&+I$-&#'#*2-*.,"&#'($':.)-*,.'>,"$>.'F*$'2&',$:1$I.2'?H#'
F*$'$1'#$>*"?"$2-&'($'*2.')&,,"$2-$'($'?&(.'8.#-.'$1'#$>*"?"$2-&'?H#':&,?.1'($'
#*#'&+,.#'1"-$,.,".#'&'($'.1>*2&#'($'1&#'C,"2)"C"&#'?H#'.#$F*"+1$#'($'#*'#.+"(*,K.'
:"1&#6:").<
D.'"2$#-.+"1"(.('$2'e,"$2-$E'F*$'.1).236'#*'?H#'.1-&'>,.(&')&2'1.#'>*$,,.#'
?"-,"(H-").#E ' C,&B&)6 ' $1 ' -,.#1.(& ' ?.#"B& ' ($ ' $#-$ ' -"C& ' ($ ' >$2-$# ' $2 ' +*#). ' ($ ' 1.#'
?$I&,$#')&2(")"&2$#'($'B"(.';'($'1.'#$>*,"(.('F*$'>.,.2-"3.+.'1.')"*(.('($'A&?.E'
*2'$#C.)"&').(.'B$3'?H#'.+"$,-&';'>$2$,&#&'F*$'"+.'.,,$+.-.2(&'C,&>,$#"B.?$2-$'
#* ' 1*>., ' C,"B"1$>".(& ' )&?& ' ).C"-.1 ' ($ ' 1. ' )*1-*,. ' . ' 1. ' )&#?&C&1"-. ' ; ' $#C1$2(&,&#.'
01$I.2(,K.'($'1&#'T&1&?$&#E'(&2($'1.#')&#.#'#$'$?C$3.,&2'-.?+"L2'.')&?C1").,'.'
C.,-",'($'?$(".(&#'($1'#">1&'55'.<a<')&2'1.#'("#$2#"&2$#'"2-$,2.#'($'1.'("2.#-K.',$.1';'
$1 ' "2")"& ' ($ ' ,$+$1"&2$# ' "2(">$2"#-.# ' $2 ' $1 ' "2-$,"&, ' ($1 ' C.K#< ' a"$2-&# ' ($ ' >,"$>&#'
$2)&2-,.,&2 ' -,.+.I& ' $2 ' A&?. ' )&?& ' C,&:$#"&2.1$# ' ($ ' 2*?$,&#&# ' &:")"&# ' ; ' )&?&'
$cC$,-&#'$2'-&(.')1.#$'($'("#)"C1"2.#E'C,&B&).2(&')&2'$11&'1.'#"-*.)"62'F*$'($#),"+$'
*2'C&)&'($#C*L#E'.':"2.1$#'($1'#">1&'5'(<aE'$1'C&$-.'#.-K,")&'7*B$2.1'$2'*2.'($'#*#'
#H-",.# ' =555E ' `P@E ' (&2($ ' 1.?$2-. ' $1 ' $#C$)-H)*1& ' +&)8&,2&#& ' $ ' "2#&C&,-.+1$ ' F*$ ' 1$'
&:,$)$'*2.'A&?.'C1.>.(.'($'>,"$>&#'C&,'-&(.#'C.,-$#'$2'#*'.:H2'C&,'($#.,,&11.,'
-&(. ' )1.#$ ' ($ ' .)-"B"(.($#E ' ($#($ ' >,.?H-")&E ' &,.(&,E ' >$6?$-,. ' ; ' C"2-&, ' 8.#-.'
?.#.I"#-.E'.*>*,'&'$F*"1"+,"#-.<'A&?.',$)"+K.'.#K'C&)&'.'C&)&'1.'8$,$2)".'($'*2.'

(*

#.+"(*,K. ' >,"$>. ' F*$ ' 8.+K. ' $2)&2-,.(& ' .2-$# ' .)&>"(. ' $2 ' 1.# ' >,.2($# ' ).C"-.1$#'
8$1$2K#-").#E'.8&,.';.'$2'*2'$#-.(&'($':,.2).'($).($2)".'.2-$'$1'$?C*I$'),$)"$2-$'$'
"?C.,.+1$'($'1.'2*$B.').C"-.1'($1'&,+$<
D. ' )&2F*"#-. ' ,&?.2. ' ($1 ' e,"$2-$ ' >,"$>& ' 2& ' :*$ ' C$,)"+"(. ' )&?& ' *2 ' 8$)8&'
",,$?$(".+1$';'($:"2"-"B&'8.#-.'?*)8&'($#C*$#'($'1.'($,,&-.':"2.1<'0'C$#.,'($'1.#'
,$#&2.2-$#'B")-&,".#',&?.2.#'#&+,$'?.)$(&2"&#';'#$1L*)"(.#E'1&#'$#-.(&#'>,"$>&#'
),$;$,&2'8.11.,#$'-&(.BK.'$2')&2(")"&2$#'($'#$>*",'&C$,.2(&'#$>J2'1&#'C.,H?$-,&#'
-,.(")"&2.1$#'F*$'8.+K.2'>*".(&')&?C&,-.?"$2-&'.2)$#-,.1<'A&(.#';'&-,.#'?*)8.#'
)"*(.($#'>,"$>.#'$1">"$,&2'1.'2$*-,.1"(.('(*,.2-$'$1')&2:1")-&')&2'b$,#$&'C$2#.2(&'
F*$ ' 1. ' >*$,,. ' )&2#$>*",K. ' *2 ' +.1.2)$ '($ ' :*$,3.# ' $2-,$ ' 1&# ' (&# ' >,.2($# ' C&($,$#'
8$>$?62")&# ' F*$ ' C*>2.+.2 ' $2-&2)$# ' C&, ' $1 ' C,$(&?"2"& ' $2 ' 1. ' 3&2.E ' A&?. ' ; ' $1'
,$)"$2-$?$2-$ ' ,$:&,3.(& ' ,$"2& ' ?.)$(&2"&< ' D. ' a&2:$($,.)"62 ' 0F*$. ' .)-*6 ' ($'
?.2$,.'#"?"1.,'$2'1&#'?&?$2-&#'C,$B"&#'.1'($#$2).($2.?"$2-&'($1')&2:1")-&':"2.1E'
F*$ ' )&2)1*;6 ' )&2 ' $1 ' #.F*$& ' ($ ' a&,"2-&E ' ),$;$2(&E ' F*"3H ' "2>$2*.?$2-$E ' C$,&'
)&2B"$2$',$)&,(.,'F*$'2&'C&#$K.2')&?&'2&#&-,&#'*2')&2&)"?"$2-&'($'1.#')&#.#'.'
C&#-$,"&,"E'F*$'-&(.BK.'$,.2').C.)$#'($'$I$,)$,'#"2'($?.#".(.#'-,.+.#'#*'1"+$,-.('($'
.))"62'#"2'F*$'$11&'#*C*#"$,.'$2-,.,'$2'.+"$,-&')&2:1")-&')&2'1.'#*C,$?.)K.',&?.2.<'
52)1*#& ' ($#C*L# ' ($ ' 1. ' .+,*?.(&,. ' ($,,&-. ' #*:,"(. ' ; ' ($ ' 1.# ' ($#.#-,&#.#'
)&2#$)*$2)".#'F*$'"?C1")6'C.,.'1&#'$#-.(&#'>,"$>&#E'1.')&2:".23.'$2'C&($,',$B$,-",'1.'
#"-*.)"62 ' #*+#"#-K. ' -&(.BK. ' ?$("& ' #">1& ' ?H#' -.,($E ' )*.2(& ' S"-,K(.-$# ' i5' 1.236 ' #*'
&:$2#"B.')&2-,.'$1'(&?"2"&',&?.2&'$2'0#".<'R61&'1.#'"?C,$#"&2.2-$#').?C.%.#'($'
b&?C$;&E ' F*$ ' .).+6 '.($?H# '($ ' :&,?. ';. ' ($:"2"-"B. ' )&2 ' 1. ' .?$2.3. ' ?"-,"(H-").E'
($I.,&2 ')1.,&'($'*2.'B$3'C&,'-&(.#'F*$'1.'(&?"2.,&2',&?.2.'$2'e,"$2-$ '$,.'*2'
8$)8&'",,$B$,#"+1$')&2-,.'$1'F*$'2&').+K.';.'#&1*)"62'&'$#C$,.23.'.1>*2.'F*$'2&'
:*$,. ' 1. ' ?$,. ' .)&?&(.)"62 ' ?H# ' & ' ?$2&# ' +"$2 ' ("#C*$#-. ' 8.)". ' 1&# ' 2*$B&#'
(&?"2.(&,$#<

-&'$*1E4%+0&/*"&'$*1E4%+0&/&

N,$)".'*2.'B$3')&2F*"#-.(.E')&2F*"#-6'.'#*':$,&3')&2F*"#-.(&,'$'"2-,&(*I&'
1.')*1-*,.'$2'$1'.>,$#-$'D.)"&<

R&2'($'#&+,.'+"$2')&2&)"(&#'$#-&#')L1$+,$#'B$,#&#'($1'C&$-.'1.-"2&'h&,.)"&'
$2'#* 'H6F/('&"#"#&'/#O%/'2)/ #&#4.()#O'8(%*"' =UV`mUVY@E'F*$'C,&)1.?.2'1.'.C.,$2-$'
#*?"#"62')*1-*,.1'($'A&?.'.'1.')*1-*,.'>,"$>.'.'C$#.,'($'#*')&2F*"#-.'?"1"-.,<'h.2'
#$,B"(&'-.?+"L2'($'1$?.'.'1.'-.2'-,.K(.';'11$B.(.')*$#-"62 '($'1.'8$1$2"3.)"62'($'
A&?.E')*;&#'C,"2)"C.1$#'(",">$2-$#'8.+,K.2'$cC$,"?$2-.(&'*2.'",,$#"#-"+1$'.-,.))"62'
8.)".'1.')*1-*,.'>,"$>.'F*$'8.+,K.'",,*?C"(&E'.'B$)$#').#"'($':&,?.'B"&1$2-.E'$2'$1'
$#)$2.,"& ' #&)".1 ' ,&?.2&E ' )&2:*2("$2(& ' ; ' ?.,>"2.2(& ' 1.# ' .2-">*.# ' ; ' B$2$,.+1$#'
)&#-*?+,$#'($'1&#'.2-$C.#.(&#E'$1')L1$+,$'5'/#5"%'.95'F*$')&2:">*,.+.'1.'C,H)-").'
B"-.1 ' ,&?.2. ' ($#($ ' #*# ' "2")"&#< ' f2 ' C,&)$#& ' ($ ' 8$1$2"3.)"62 ' F*$ ' 8.+,K. ' -$2"(&'
"?C&,-.2-$# ' .1-"+.I&# ' ; ' 8.+,K. ' )&2-.(& ' )&2 ' "?C&,-.2-$# ' ,$#"#-$2)".# ' C&, ' C.,-$ ' ($'
F*"$2$#')&2#"($,.+.2'1.#'"22&B.)"&2$#'"2-,&(*)"(.#'$2'1.'B"(.'#&)".1',&?.2.'*2.'
#$,". ' .?$2.3. ' . ' #*# ' "2#-"-*)"&2$# ' :*2(.?$2-.1$# ' ; ' *2 ' C$1">,& ' C&-$2)".1 ' C.,. ' 1.'

()

$(*).)"62'($'1&#'?H#'I6B$2$#<'D.':">*,.'#&+,$#.1"$2-$'($'a.-62'$1')$2#&,'($#-.).'
.F*K'C&,'$2)"?.'($'-&(.#'1.#'($?H#<
R"2'$?+.,>&E'1.#')&#.#'2&'#&2'-.2')1.,.#')&?&'C.,$)$2'.'C,"?$,.'B"#-.<'D.'
#*C*$#-. ' 8$1$2"3.)"62 ' ($ ' A&?. ' 2& ' #">2":")6 ' $2 ' ?&(& ' .1>*2& ' 1. ' -,.2#:&,?.)"62'
,.(").1 ' ($ ' 1&# ' C,$#*C*$#-&# ' +H#")&# ' ($ ' 1. ' )*1-*,. ' ,&?.2. ' -,.(")"&2.1 ' 2" ' 1.'
$2-,&2"3.)"62'($:"2"-"B.'($'1.#':&,?.#'($'B"(.';'C$2#.?"$2-&'>,"$>&#<'R$'-,.-.'?H#'
+"$2'($'*2.',$1.)"62'?*)8&'?H#')&?C1$I.';'$2,$B$#.(.'F*$'C*#&'($'?.2":"$#-&'1.'
"("&#"2),.#".')*1-*,.1',$#C$)-"B.'.)$2-*.2(&'$1'#$2-"?"$2-&'($'"($2-"(.(')&1$)-"B.'($'
*2 ' C*$+1& ' )&?& ' $1 ' ,&?.2& ' F*$ ' $2-,.+. ' .8&,.E ' -,.# ' 1.# ' >,.2($# ' )&2F*"#-.#'
?$("-$,,H2$.#E'$2'1.'$#)$2.'"2-$,2.)"&2.1')&?&'C,"2)"C.1';').#"'J2")&'C,&-.>&2"#-.<'
D.#',$#C*$#-.#',&?.2.#'.'1.')*1-*,.'>,"$>.'2&'C*$($2'$#)"2(",#$')&?&'.'?$2*(&'#$'
8.'B$2"(&'8.)"$2(&E'$2'(&#'8.)$#'($'1*3')&2-,.C*$#-&#E'-$2"$2(&'$2'*2'1.(&'1&#'
:$,B"$2-$#'C.,-"(.,"&#'($'1.#'2&B$(.($#'F*$'(")8.'.(&C)"62'#">2":").+.';'$2'$1'&-,&'
1&# ' .",.(&# ' &C&2$2-$# ' F*$ ' ($:$2(K.2 ' 1&# ' ?&(&# ' ($ ' B"(. ' ?H# ' -,.(")"&2.1$#<'
M"1&8$1$2&# ' ; ' .2-"8$1$2&# ' 2& ' )&2#-"-*;$2 ' ).-$>&,K.# ' *2KB&).# ' $ ' ",,$B$,#"+1$#<'
A$C,$#$2-.2'C&,'$1')&2-,.'1&#'.#C$)-&#'?H#'B"#"+1$#';'#&2&,&#'($'*2'C,&)$#&'?H#'
$c-$2#&'; ' ?.-"3.(& ' $2 ' $1 ' F*$ ' #$ '$2-,$?$3)1.+.2E ' .' B$)$# ' 8.#-. ' $2 '1&# ' ?"#?&#'
C$,#&2.I$#E' .)-"-*($#' -.2'(":$,$2-$# ')&?&' 1.# '($'.(&C)"62E' .(.C-.)"62E '"?"-.)"62E'
,$)8.3&';')$2#*,.<
a"$,-.?$2-$'2&':.1-.2'1&#'$I$?C1&#'$#-$,$&-KC")&#'+"$2')&2&)"(&#'F*$'($1.-.2'
*2. ' * ' &-,. ' :.)$-. ' #&+,$#.1"$2-$ ' ($ ' $#-. ' >.?. ' ($ ' )&?C&,-.?"$2-&#E ' ($#($ ' 1.#'
.:")"&2$# ' .,-K#-").# ' ($ ' S.,)$1&E ' $1 ' )&2F*"#-.(&, ' ($ ' R")"1".E ' & ' $1 ' "2-$,L# ' C&, ' 1.'
$(*).)"62'>,"$>.'F*$'?&#-,.,&2'C$,#&2.I$#'($'1.'-.11.'($'4?"1"&'b.*1&E'$1'B$2)$(&,'
($ ' b$,#$&E ' & ' ($ ' #* ' 8"I& ' 4#)"C"62 ' 4?"1".2&E ' F*$ ' )&2-6 ' )&2 ' $1 ' .($)*.(&'
.#$#&,.?"$2-&'($'b&1"+"&'$2'$#-$').?C&E'8.#-.'.)-&#'($',$C,$#"62'-.2'&#-$2#"+1$#'
)&?&'1.'C,&8"+")"62'($'1.#'\.).2.1$#'$2'8&2&,'($'!"&2"#&'C&,'($),$-&'($1'R$2.(&E'1.'
F*$?.'CJ+1").'($'1"+,&#'C"-.>6,")&#'&'1.#'"2-,.2#">$2-$#'C&#-*,.#'($1';.'?$2)"&2.(&'
a.-62 ' $1 ' )$2#&,< ' R"2 ' $?+.,>& ' #&2 ' 1.# ' .?+">l$(.($# ' $ ' "2)&2>,*$2)".# ' 1.# ' F*$'
C.,$)$2 ' (&?"2., ' 1. ' $#)$2. ' >$2$,.1 ' )&2 ' ?.;&, ' :,$)*$2)".E ' )&?& ' "1*#-,. ' $1 ' ).#&'
$?+1$?H-")&'($'a")$,62<'42'#*#'2*?$,&#.#'&+,.#'8.11.?&#E'$2'$:$)-&E'*2.'.?C1".'
>.?. ' ($ ' ?.-")$# ' .1 ' ,$#C$)-&E ' F*$ ' B.2 ' ($#($ ' $1 ' ,$)&2&)"?"$2-& ' #"2)$,& ' ($ ' 1.'
#*C$,"&,"(.('>,"$>.'$2'?*)8&#').?C&#';'?*$#-,.#')&2#-.2-$#'($'.(?",.)"62'C&,'
?*)8&# ' ($ ' #*# ' 1&>,&# ' 8.#-. ' ?&#-,., ' *2. ' ,$2*$2)". ' -&-.1 ' . ' .(?"-", ' $#-$ ' 1*>.,'
#$)*2(.,"&'($'1.')*1-*,.',&?.2.'$'"2)1*#&'*2.',$+$1"62'.+"$,-.')&2-,.'(")8.'#*C*$#-.'
#*C,$?.)K. ' ; ' *2. ' ),K-"). ' ($#$2:,$2.(. ' ($ ' 1&# ' ?&($1&# ' >,"$>&#< ' ]& ' #$ ' -,.-.E ' #"2'
$?+.,>&E'($'*2').#&'$B"($2-$'($'$#F*"3&:,$2".')*1-*,.1')&?&'.1>*2&#'8.2'11$>.(&'.'
-"1(., ' 1. ' .)-"-*( ' -.2 ' C&)& ' )1.,. ' ; ' ($:"2"(. ' ($1 ' >,.2 ' $#),"-&, ' 1.-"2& ' ,$#C$)-& ' . ' #*#'
?&($1&#'8$1L2")&#<
h.;'F*$'#$,E'$:$)-"B.?$2-$E'C,$).B"(&#'.'1.'8&,.'($'?.2$I.,'1&#'-$#-"?&2"&#'
($'a")$,62')&?&'"2:&,?.)"&2$#'C,&B"#-.#'($'*2'B.1&,'.+#&1*-&'F*$',$:1$I.'#"$?C,$'
($ ' ?.2$,. ' "2$F*"B&). ' $1 ' C$2#.?"$2-& ' ; ' 1. ' .)-"-*( ' ($ ' #* ' .*-&,< ' a.#" ' -&(&# ' $11&#'
-"$2$2'1*>.,'($2-,&'($'*2')&2-$c-&'1"-$,.,"&'($-$,?"2.(&'F*$')&2(")"&2.'$1'.1).2)$'($'
#*'B.1"($3'-$#-"?&2".1<'S*)8&#'($'$11&#'#$'C,&(*)$2'($2-,&'($'*2'("#)*,#&'I*(")".1'$2'
$1 ' F*$ ' a")$,62 ' ($+$ ' C$,#*.(", ' .1 ' -,"+*2.1 ' $ ' "?C,$#"&2., ' :.B&,.+1$?$2-$ ' . ' #*'
.*("-&,"&E'-,.-.2(&'($'($#.),$("-.,'.($?H#'1&#'C&#-*1.(&#'($'#*'.(B$,#.,"&';',"B.1<'
0#K'#*'($?&1$(&,'.-.F*$')&2-,.'1&'>,"$>&'-"$2$')&?&'&+I$-"B&'C,"2)"C.1'($#.),$("-.,'
.'1&#'-$#-">&#':.B&,.+1$#'.'#*'.)*#.(&E'i$,,$#E'$1'>&+$,2.(&,'($'R")"1".'F*$'8.+K.'
($?&#-,.(&'*2.'C.,-")*1.,'.:")"62'C&,'$1'.,-$'>,"$>&'(*,.2-$'#*'C&1L?")&'?.2(.-&'$2'

(!

1.'"#1.<'b.,$)$'$B"($2-$'.'-&(.#'1*)$#'F*$'1.'*-"1"3.)"62'($'-.1$#'.,>*?$2-&#'"2(").'1.'
$c"#-$2)".'($'C,$I*")"&#'>$2$,.1"3.(&#'$2-,$'1.#')1.#$#'.1-.#'F*$')&?C&2K.2'$1'I*,.(&'
;'-.?+"L2'$2-,$'1.#')1.#$#'C&C*1.,$#'F*$')&2:&,?.+.2'$1'.*("-&,"&E'C$,&'2&')&2B"$2$'
&1B"(., ' -.?C&)& ' F*$ ' $1 ' C,&C"& ' a")$,62 ' $,. ' )&2#"($,.(& ' $2 ' .1>*2&# ' ?$("&# ' *2'
B.")*9&9/E ' . ' ).*#. ' ($ ' #* ' .:")"62 ' . ' 1&# ' $#-*("&# ' >,"$>&# ' ; ' C&, ' .1>*2.# ' ($ ' #*#'
?.2":$#-.)"&2$# ' $2 ' 1.# ' F*$ ' $cC,$#.+. ' 1. ' "($. ' ($ ' F*$ ' N,$)". ' $,. ' 1. ' )*2. ' ($ ' 1.'
)"B"1"3.)"62'.'1.'F*$'A&?.'($+K.',$2(",'C&,'$11&'1.'>,.-"-*(')&,,$#C&2("$2-$<
4#-.'.)-"-*('.?+"B.1$2-$'8.)".'1&'>,"$>&'F*$(.';.',$:1$I.(.'$2'1.#')&?$(".#'
($'b1.*-&E'F*$')&2#-"-*;$2'$1'"2(")"&'-$#-"?&2".1'?H#'.2-">*&')&2'F*$')&2-.?&#'C.,.'
$cC1&,.,'$1'C,$-$2("(&'C,&)$#&'($'8$1$2"3.)"62'($'A&?.';'$#-*(".,'1.'8"#-&,".'($'1.#'
.)-"-*($# ' ,&?.2.# ' 8.)". ' 1. ' )*1-*,. ' >,"$>.< ' b1.*-& ' ,$C,$#$2-. ' $1 ' -$#-"?&2"& ' ($ ' *2'
"2("B"(*& ' F*$ ' 2& ' :&,?.+. ' C.,-$ ' ($ ' 1. ' L1"-$ ' (",">$2-$ ' ; ' )*;. ' &+,. ' "+. ' (",">"(. ' $2'
C,"2)"C"& ' . ' ).C.# ' ?H# ' .?C1".# ' ($ ' 1. ' C&+1.)"62< ' b&2$ ' .#K ' ($ ' ?.2":"$#-& ' .1>*2&#'
.#C$)-&#'"2-$,$#.2-$#'($'1.'8$1$2"3.)"62',&?.2.E')&?&'$1')&2&)"?"$2-&'C&,'C.,-$'($'
#*'.*("-&,"&'($'1.#'8"#-&,".#'?H#')&?*2$#'($'1.'?"-&1&>K.'>,"$>.'&'($'.1>*2&#'($'1&#'
2&?+,$#'?H#'"1*#-,$#'($'#*'8"#-&,".E'1.')&?C,$2#"62'($'?*)8.#'C.1.+,.#'>,"$>.#'
F*$':&,?.+.2'C.,-$'($1'1$c")&'($'1.'?&(.':$?$2"2.E'($'1&#'2$>&)"&#'&'($1')&?$,)"&'
&'1.'C,$:$,$2)".'C&,'1.'N,$)".'&,"$2-.1'$2'1*>.,'($1'?*)8&'?H#')$,).2&'*2"B$,#&'F*$'
,$C,$#$2-.+.2'1.'S.>2.'N,$)".';'R")"1".<'R"2'$?+.,>&E'1.'.*("$2)".',&?.2.'($+"6'($'
$cC$,"?$2-.,'*2.'#$,"$'($'$c-,.%.#'#$2#.)"&2$#'.'1.'8&,.'($')&2-$?C1.,'*2'?*2(&'
?*;'(":$,$2-$'F*$'2&'#$'.I*#-.+.'C.,.'2.(.'.'1&#')H2&2$#'8.+"-*.1$#'($'1.'#&)"$(.('
,&?.2.E';.'F*$'1&#'.#*2-&#';'-$?.#'C1.*-"2&#'$#-.+.2'$c-,.K(&#'(",$)-.?$2-$'($'1.'
)&?$(".'2*$B.'.-$2"$2#$E',$C,$#$2-.(.'C&,'.*-&,$#')&?&'S$2.2(,&<'R*)$(K.'.#K'
F*$ ' $1 ' CJ+1")& ' -$2K. ' 1. ' &C&,-*2"(.( ' ($ '.C,$)"., ')6?& '1&# ' I6B$2$# ' ; '1&# ' $#)1.B&#'
.1).23.+.2'#*#'&+I$-"B&#')&2'?*)8.'?.;&,':.)"1"(.('($'1&'F*$'&)*,,K.'$2'#*'?*2(&'
,$.1'?H#'"2?$(".-&'($'A&?.<'01>*2&#'($'#*#'C,&-&-"C&#'?H#')L1$+,$#E')&?&'$1'($1'
5%&)/'B&'.%'/"/'=#&1(.(&':.2:.,,62@E'2&'#$'.I*#-.+.2'-.?C&)&'.'1.':">*,.'?H#':.?"1".,'
($1'#&1(.(&',&?.2&';'#KE'$2').?+"&E'.'1.'($'1&#'?$,)$2.,"&#'C,&:$#"&2.1$#'($'1&#'
$IL,)"-&# ' 8$1$2K#-")&#< ' R"2 ' $?+.,>&E ' $#-. ' #$2#.)"62 ' ($ ' $c-,.%$3. ' #$ ' -,.#1.(. ' .'
?$2*(&'.1'-$,,$2&'?$I&,')&2&)"(&'($'1&#'C,$I*")"&#'C&C*1.,$#'($').,H)-$,'.2-">,"$>&E'
,$:1$I.2(&'F*"3H'($'$#-.'?.2$,.'1.'$c-$2#"62'($'$#-.')1.#$'($'#$2-"?"$2-&#'$2-,$'#*'
.*("-&,"&< ' h.#-. ' 1.# ' C,&C".# ' C.1.+,.# ' ,$1.)"&2.(.# ' C&, ' #* ' ,.K3 ' )&2 ' $1 ' -L,?"2&'
p>,"$>&q')&?&'1&#'B$,+&# '*'2B.")*".)' & '6).B.")*".%E'F*$'#">2":").+.2'1"-$,.1?$2-$'
p)&?C&,-.,#$ ' . ' 1. ' ?.2$,. ' >,"$>.qE ' .C.,$)K.2 ' )&?& ' #"262"?&# ' ($ ' -&(& ' -"C& ' ($'
$c)$#&#';'($'1"+$,-"2.I$<'b1.*-&'#$'?&:.'-.?+"L2'($'1&#':"16#&:&#'>,"$>&#';'C,$#$2-.'
*2 ' #&?+,K& ' C.2&,.?. ' ($ ' 1&# ' ,"-*.1$# ' +HF*")&# ' ;' #*# ' )&2#$)*$2)".#< ' 4# ' C&#"+1$E'
)&?&'8.'#$%.1.(&'4,")8'N,*$2E'F*$'b1.*-&'-,.-.,.'($'#.-","3.,'(")8&#'C,$I*")"&#'?H#'
F*$ ' #$)*2(.,1&#E ' ;. ' F*$ ' C&2$ ' -.1$# ' ),K-").# ' $2 ' +&). ' ($ ' $#)1.B&# ' >,"$>&#E ' #"2'
$?+.,>&E'#$.')&?&':*$,$';'#$'"2-$,C,$-$2'($'*2.'?.2$,.'&'($'&-,.E'1&'F*$'C.,$)$'
#$>*,. ' $# ' #* ' $c"#-$2)".E ' . ' 1& ' F*$ ' C.,$)$ ' :",?$?$2-$ ' .#$2-.(.E ' ($2-,& ' ($ ' 1.'
?$2-.1"(.(',&?.2.<'4#-.'.?+">l$(.(';'.?+"B.1$2)".'#$'(.2'"2)1*#&'$2'1.'C$,#&2.'
F*$'?$I&,',$C,$#$2-.'1.',$.))"62',&?.2.')&2-,.'1.#'?&(.#';'1.'"2:1*$2)".'>,"$>.#E'
)&?&'$#'1.':">*,.';.'?$2)"&2.'($'a.-62<'D&#'$I$?C1&#'($'#*'),*3.(.'.2-"8$1L2").'
#&2 ' 2*?$,&#&#< ' a,"-")6 ' #$B$,.?$2-$ ' . ' 4#)"C"62 ' C&, ' B$#-", ' . ' 1. ' >,"$>.E ' B"#"-., ' $1'
>"?2.#"& ' ; ' 1$$, ' 1"+,&#E ' .-.)6 ' 1. ' C,H)-"). ' ($ ' )&1&)., ' $#-.-*.# ' ($ ' 1&# ' ("&#$# ' $2 ' $1'
"2-$,"&,'($'1.').#.';')&#-*?+,$#'-.2'1")$2)"&#.#')&?&'$1'8$)8&'($'>.#-.,'("2$,&'$2'1.'
I.,,. ' ($ ' C$#).(& ' $2 ' #.1?*$,. ' ; ' $2 ' *2 ' $#)1.B& ' >*.C&< ' R$ ' ?&#-,6 ' .+"$,-.?$2-$'
)&2-,.,"& ' . ' 1&# '+'*(%' >,"$>&#E ' . ' F*"$2$# ' )&2#"($,.+. ' *2. ' ,.3. ' ("#&1*-. ' ;'

("

($#&+$("$2-$E ' ; ' ?.2":$#-6 ' #* ' ($#C,$)"& ' C&, ' 1. ' :"1&#&:K. ' )&?& ' *2 ' #"?C1$'
>.1"?.-K.#E11$>.2(& ' "2)1*#& ' . ' -"1(., ' ($ ' ,$B&1*)"&2.,"& ' C$1">,&#& ' .1 ' ?"#?"#"?&'
R6),.-$#<'R*#'.)-"-*($#'8&#-"1$#'#$'-,.(*I$,&2'$2'8$)8&#')&?&'1.'$cC*1#"62'($'1&#'
:"16#&:&#'($'1.')"*(.('($'A&?.'$2'$1'UYQ';'$2'$1'U`U'.<a<'&'$2'C,&?&B$,'1.'C,&2-.'
,$#&1*)"62'($'1&#'.#*2-&#'F*$'?.2-$2K.2'$2'$1'UVV'.'*2.'$?+.I.(.'>,"$>.'$2'A&?.'
C.,.'F*$',$>,$#.,.2'.#K')*.2-&'.2-$#'.'N,$)".';'($I.,.2'F*$'1&#'I6B$2$#',&?.2&#'
,$)*C$,.#$2 ' #*# ' &+1">.)"&2$# ' ; ' &)*C.)"&2$# ' 8.+"-*.1$#E ' .+.2(&2.(.# ' .1 ' C.,$)$,'
C&, ' $#)*)8., ' #*# ' 1$))"&2$#< ' R"2 ' $?+.,>&E ' .1".(& ' ($ ' $#-.# ' .C.,$2-$?$2-$'
"2)*$#-"&2.+1$# ' ?.2":$#-.)"&2$# ' ($ ' 8&#-"1"(.( ' 8.)". ' 1& ' >,"$>&E ' )&2&)$?&#'
">*.1?$2-$'&-,.':.)$-.'($'1.')&2(*)-.'($'a.-62'F*$'"2B"-.'.'*2'#$,"&',$C1.2-$.?"$2-&'
($'#*'.)-"-*('>$2$,.1'.'$#-$',$#C$)-&<'0#KE'8.+K.'$#-*(".(&'1"-$,.-*,.'>,"$>.')&2'$1'
C&$-.'LC")&'422"&E'.'F*"$2'-,.I&'8.#-.'A&?.'($#($'a$,($%.E'(&2($'#$,BK.')&?&'
)$2-*,"62< ' M*$ ' .($?H# ' $1 ' ),$.(&, ' B",-*.1 ' ($ ' 1. ' C,&#. ' 1.-"2. ' $2 ' ("#)*,#&#'
)*"(.(&#.?$2-$'$1.+&,.(&#'F*$',$B$1.2'.'-&(.#'1*)$#'#*':.?"1".,"(.(')&2'1.#'&+,.#'
($ ' T*)K("($# ' ; ' !$?6#-$2$#< ' R*# ' $#),"-&# ' ?H# ' ($#-.).(&#E ' )&?& ' $1 ' -,.-.(& ' ($'
.>,")*1-*,.';'#*'8"#-&,".'($'A&?.E'$#-H2')&2)$+"(&#'.'1.'?.2$,.'>,"$>.E')&?&'C&2$2'
($'?.2":"$#-&'#*#',$:$,$2)".#'.'1.#')&,,$#C&2("$2-$#'8"#-&,".#'($':*2(.)"62<'a&?&'
)$2#&,'$?C,$2("6'-.?+"L2'&+,.#'($')&2#-,*))"62')&?&'1.#'($'1.'+.#K1").E'(&2($'#$'
-,.-.+.2'1&#'2$>&)"&#'.'1.'>,"$>.E'F*$'.).+.,K.2'-,.2#:&,?.2(&'$1'+*,>&'.-,.#.(&';'
C&)&'$#C$)-.)*1.,'F*$'8.#-.'$2-&2)$#'$,.'A&?.E'.'C$#.,'($'#*'),$)"$2-$'C&($,E'$2'
1.'$#C1L2("(.')"*(.('($'1&#'"2")"&#'($1'C$,K&(&'"?C$,".1<
4#-&#'$I$?C1&#'-.2'#">2":").-"B&#'"1*#-,.2'.'1.'C$,:$))"62'$1'8$)8&'($'F*$'2&'
C&($?&#',$(*)",'1.'.)-"-*(',&?.2.'8.)".'1.')*1-*,.'>,"$>.'.').-$>&,K.#';'$-"F*$-.#'
#"?C1"#-.#';')$,,.(.#E'F*$'+"$2'"2(").2'1.'.(?",.)"62';'1.'.(&C)"62'($'#*#'C,&(*)-&#E'
&'+"$2',$-,.-.2'#*'?H#':",?$',$)8.3&';'&C&#")"62<'D.'.-,.))"62'($'1.')*1-*,.'>,"$>.'_
; ' $2-$2($?&# ' .F*K ' $1 ' -L,?"2& ' p)*1-*,.q ' $2 ' #* ' #$2-"(& ' ?H# '.?C1"&E ' F*$ '$2>1&+.'
.)-"B"(.($# ' "2-$1$)-*.1$# ' ; ' ,$1">"&#.# ' )&?& ' :&,?.# ' ($ ' B"(. ' ; ' )&?C&,-.?"$2-&#_'
#&+,$'1.'.,"#-&),.)".',&?.2.'#$',$?&2-.'#$>*,.?$2-$ '?*;'.-,H#'$2'$1'-"$?C&E'.'
C$#.,'($'F*$'2&'-$2$?&#'1.'C&#"+"1"(.('($',.#-,$.,1.'-.2'+"$2')&?&'#*)$($'(*,.2-$'
$1'C$,K&(&'($')&2F*"#-.'($1'?*2(&'>,"$>&<'0':"2.1$#'($1'#">1&'5i'.<a<'.1>*2&#'2&+1$#'
,&?.2&# ' .(&C-.,&2 ' ;. '*'B2'5%2"' >,"$>&# ' . ' #*# ' 2&?+,$# ' ($ ' :.?"1".E ' 1& ' F*$'
)&2#-"-*;$ ' . ' C,"?$,. ' B"#-. ' *2 ' #">2& ' $B"($2-$ ' ($ ' p8$1$2"3.)"62q< '01>*2.# ' :">*,.#'
"2-$1$)-*.1$#'($'1.'5-.1".'>,"$>.')&?&'b"-H>&,.#'$I$,)"$,&2'*2.'C,&:*2(.':.#)"2.)"62'
#&+,$'1&#',&?.2&#E'F*$'-$I"$,&2'8"#-&,".#'F*$'.#&)".+.2'$#-,$)8.?$2-$'.'*2&'($'#*#'
,$;$#E']*?.'b&?C"1"&E')&2'$1':"16#&:&'>,"$>&<'h*+&'-.?+"L2'($#($'LC&).'-$?C,.2.'
*2. ' >,.2 ' ,$)$C-"B"(.( ' 8.)". ' 1&# ' )*1-&# ' 8$1L2")&#E ' )&?& ' ,$B$1.2 ' .1>*2&# ' 8$)8&#'
)&?& ' 1. ' -$?C,.2. ' .(F*"#")"62 ' ($ ' 1&# ' 1"+,&# ' R"+"1"2&#E ' *2. ' )&1$))"62 ' ($'
C,&2*2)".?"$2-&#'&,.)*1.,$#'$2'8$cH?$-,&#'>,"$>&#E'(*,.2-$'$1',$"2.(&'($'T.,F*"2"&'
$1'R&+$,+"&E'&'1.'"2#-.1.)"62'($'*2')*1-&'($'0C&1&'$2'A&?.'$2'1.'#$>*2(.'?"-.('($1'
#">1&'i'.<a<'D.'11$>.(.'($'&-,.#'($"(.($#'8$1L2").#')&?&'0#)1$C"&'&'0:,&("-.'+.I&'
#*#')&,,$#C&2("$2-$#'.(B&).)"&2$#'1.-"2.#'($'4#)*1.C"&';'i$2*#'.'1&'1.,>&'($1'#">1&'
55'.<a<')&2:",?.'$#-.'-$2($2)".<
D&#'2&+1$#';'C&1K-")&#',&?.2&#'F*$')&2&)K.2'1.'1$2>*.'>,"$>.'$,.2'-.?+"L2'
2*?$,&#&#<'!$#($'$1'C,"?$,').#&')&2&)"(&E'$1'($1'$?+.I.(&,',&?.2&'$2'T.,$2-&E'
F*$ ':*$ '&+I$-& '($ '1.# '+*,1.# '($#)&2#"($,.(.# 'C&, ' C.,-$ ' ($ ' #* ' .*("-&,"& '>,"$>& '.'
).*#.'($'#*#'$,,&,$#E'8.#-.'$1'($'b*+1"&'D")"2"&'a,.#&E'($'F*"$2'#$'(")$'F*$'$,.'
).C.3'($'*-"1"3.,'8.#-.')"2)&'(".1$)-&#'>,"$>&#'(":$,$2-$#')*.2(&'"?C.,-K.'I*#-")".'$2'
0#".<'D.'$(*).)"62'$2'1.#'1$-,.#'>,"$>.#')&2#-"-*K.'.1>&').#"'8.+"-*.1'$2-,$'1.#')1.#$#'

(#

.)&?&(.(.#E ')&?& ',$B$1.2 '.1>*2&# '"2(")"&# ' )&?& '$1 '$C"-.:"& ' ($ '*2 '2"%& '($ '#$"#'
.%&#'F*$'"+.'.'1.'$#)*$1.'.'.C,$2($,'>,"$>&'&'1.'C,$#$2)".'($'$C">,.?.#'$2'1.#'
-*?+.# ' 1$ ' 1&# ' 4#)"C"&2$#< ' D. ' $#-.2)". ' &).#"&2.1 ' $2 ' A&?. ' ($ ' ($#-.).(&#'
"2-$1$)-*.1$# ' >,"$>&# ' )&2)"-6 ' #"$?C,$ ' *2. ' $cC$)-.)"62 ' "2*#"-.(.< ' 0#K ' $1 ' )L1$+,$'
>,.?H-")& ' ; ' :"161&>& ' a,.-$# ' ($ ' S.1&#E ' F*$ ' 8.+K. ' .)*("(& ' . ' 1. ' )"*(.( ' )&?&'
$?+.I.(&,'($1',$;'($'bL,>.?&E'(&2($'(",">K.'1.')L1$+,$'+"+1"&-$).'($'1.')"*(.(E',"B.1'
C&,'*2'-"$?C&'($'1.'($'01$I.2(,K.E'-,.#',&?C$,#$'*2.'C"$,2.'(*,.2-$'#*'$#-.2)".'$2'
A&?.'.C,&B$)86'$1'C$,K&(&'($':&,3.(.')&2B.1$)$2)".'C.,.'&:,$)$,'?*$#-,.#'($'#*#'
8.+"1"(.($#'.'*2.'2*?$,&#.'.*("$2)".E'F*$E'(.(.'1.'1.+&,':"1&16>").';'>,.?.-").1'($1'
C$,#&2.I$E'($+K.'C&#$$,'*2.')"$,-.':.?"1".,"(.(')&2'$1'>,"$>&E'.*2F*$'#61&':*$,.'$2'
>,.(&'#*C$,:")".1<'4#.'?"#?.':.?"1".,"(.('F*$'($I.2'#*C&2$,'1.#'&+,.#'($'b1.*-&')&2'
#*#'2*?$,&#.#':,.#$#'$2'>,"$>&'&'#*#'C.1.+,.#'>,"$>.#'1.-"2"3.(.#<'e-,&'$I$?C1&'
"1*#-,$'$#'$1'($1':"16#&:&'.).(L?")&'a.,2$.($#E'F*$'-.?+"L2'B"2&'.'A&?.')&2'*2.'
?"#"62'("C1&?H-").';'.C,&B$)86'$1'-"$?C&'($'("1.)"62'$2'1.',$#C*$#-.',&?.2.'.'#*'
C$-")"62'C.,.'(.,')&2:$,$2)".#'F*$'.-,.K.2'.1'C.,$)$,'C&,'">*.1'.'1&#'I6B$2$#';'.'#*#'
C,&>$2"-&,$#< ' D. ' C,$?*,. '($ ' a.-62 ' $2 ' :.)"1"-., ' #* ' ,$>,$#& ' 8.+1. ' . ' 1.# ')1.,.# ' ($1'
C,&:*2(& '"?C.)-& 'F*$ ' #*# ' $2#$%.23.# '$#-.+.2 ' C,&B&).2(& '$2-,$ '#*# ':.#)"2.(&#'
&;$2-$#<'R*'+,"11.2-$3'.,>*?$2-.-"B.E'F*$'1$'C$,?"-K.'($?&#-,.,'*2'(K.'F*$'1.'+.#$'
($1'$#-.(&'$,.'1.'I*#-")".';'.1'#">*"$2-$'F*$'*2.')&#.'2&'-$2K.'2.(.'B$,')&2'1.'&-,.E'
,$C,$#$2-.+.E ' $:$)-"B.?$2-$E ' *2 ' #$,"& ' ($#.:K& ' . ' 1. ' $(*).)"62 ' -,.(")"&2.1 ' ,&?.2.'
+.#.(. ' $2 ' #$>*", ' ($ ' :&,?. ' (6)"1 ' $1 ' $I$?C1& ' ($ ' 1&# ' ?.;&,$#E ' )&?& ' $1 ' 8$)8& ' ($'
.#&)".,#$ ' . ' *2 ' 2&+1$ ' ($ ' C,$#-">"& ' $2 ' $1 ' -$,,$2& ' ?"1"-., ' ; ' I*(")".1 ' )&?& ' :&,?. ' ($'
.(F*",",'1.'$cC$,"$2)".'2$)$#.,".'C.,.'#*').,,$,.<
D.'.#&)".)"62'($'"2-$1$)-*.1$#'>,"$>&#')&2'1.'.,"#-&),.',&?.2.')&2#-"-*;$'*2'
:$26?$2&'+"$2')&2&)"(&<'!$#($'1.',$1.)"62E'"2")".1?$2-$':&,3.(.E'($'b&1"+"&')&2'1&#'
4#)"C"2$#E'.'1.'F*$'#$'#*?6'?H#'-.,($'$1':"16#&:&'$#-&")&'b.2$)"&'($'A&(.#E'8.#-.'1.'
($'&-,&'C,$#-">"&#&',$C,$#$2-.2-$'($1'$#-&")"#?&')&?&'b&#"(&2"&')&2'C$,#&2.I$#'($'
1. ' -.11. ' ($ ' a")$,62 ' & ' ($ ' b&?C$;&< ' S*)8&# ' >,.2($# ' 8&?+,$# ' ($ ' :"2.1$# ' ($ ' 1.'
A$CJ+1").'-$2K.2'*2':"16#&:&'>,"$>&'$2').#.'F*$'8.)K.'1.#'1.+&,$#'($'1$)-&,'($'1.#'
&+,.#'1"-$,.,".#'>,"$>.#<'4,.2'">*.1?$2-$':,$)*$2-$#'1&#'B".I$#'($'-*,"#?&')*1-*,.1'.'1.'
N,$)". ' )&2-"2$2-.1 ' F*$ ' C.#.+.2 ' ).#" ' ($ ' :&,?. ' "2($:$)-"+1$ ' C&, ' 1&# ' 1*>.,$#'
).-.1&>.(&#')&?&'B$,(.($,.#')"?.#'($'1.'#.+"(*,K.'8$1L2").E')&?&'0-$2.#';'A&(.#E'
C&,'(&2($'#$'C.#$.,&2'$2'#*'?&?$2-&'"2("B"(*&#')&?&'a")$,62E'h&,.)"&'&'7*1"&'
aL#.,<'D&#'>,"$>&#'F*$':*$,&2'.-,.K(&#'.'A&?.E')&2'1.'$cC$)-.-"B.'($'8.)$,'.11K'
:&,-*2.'$I$,)"$2(&'#*').,,$,.E':*$,&2'-.?+"L2'?*;'2*?$,&#&#E';'$2-,$'$11&#'8.+K.'
(&)-&,$#E':"16#&:&#E',L-&,$#E'.,F*"-$)-&#';'8.#-.'*2'#"2:K2'($'$#C$)".1"#-.#'-L)2")&#<'D.'
)":,.'($'?H#'($')"$2'>,"$>&#'F*$'$#-*B"$,&2'$?C1$.(&#'$2'1.')&,-$'"?C$,".1',&?.2.'
(*,.2-$ ' 1&# ' ,$"2.(&# ' ($ ' 0*>*#-& ' ; ' T"+$,"& ' )&2#-"-*;$ ' *2 ' (.-& ' #*:")"$2-$?$2-$'
$1&)*$2-$ ' F*$ ' C&2$ ' ($ ' ,$1"$B$ ' 1. ' $1$B.(. ' B.1&,.)"62 ' F*$ ' 1& ' >,"$>& ' -*B& ' #"$?C,$'
($2-,& ' ($ ' 1. ' #&)"$(.( ' ,&?.2.E ' $#C$)".1?$2-$ ' $2 ' #*# ' ?H# ' .1-.# ' $#:$,.#< ' 41'
,$)&2&)"?"$2-&E'.'?$2*(&'"?C1K)"-&E'($1'.1-&'B.1&,'($'1.'#.+"(*,K.'>,"$>.'#$',$:1$I.'
"2)1*#&'$2'1.#'?.-$,".#'?H#'$c)1*#"B.?$2-$',&?.2.#E')&?&'1.#'.,?.#';'$1'($,$)8&<'
0' C$#., ' ($ ' #* ' ,$)&2&)"(. ' #*C$,"&,"(.( ' ?"1"-.,E ' F*$ ' 1$# ' 8.+K. ' )&2(*)"(& ' ).#" ' #"2'
($?.#".(&#'C,&+1$?.#'.'1.')&2#$)*)"62'($'1.'8$>$?&2K.'$2'e,"$2-$E'1&#',&?.2&#'
.(&C-.,&2E ' #"2 ' $?+.,>&E ' 1. ' -$)2&1&>K. ' ?"1"-., ' >,"$>.E ' )&?& ' C&($?&# ' .C,$)"., ' .'
-,.BL#'($'1.#'C.>"2.#'($'i"-,*+"&E'F*$'+.#.+.'#*'("#)*#"62'#&+,$'$#-&#'-$?.#'$2'
:*$2-$#'($'C,&)$($2)".'>,"$>.<'52)1*#&'1&#'1"+,&#'#&+,$'1$;$#E'&-,&'($'1&#'C,&(*)-&#'
?H#'$#C$)K:").?$2-$',&?.2&#E'($+K.2'#$,'$#-,*)-*,.(&#'.'1.'?.2$,.'>,"$>.E'#$>J2'

($

$1'C.,$)$,'($'a")$,62E'*2'$2)$2("(&'($:$2#&,'$2'&-,.#'&).#"&2$#'($'1.'&,">"2.1"(.(';'
8.#-.'($'1.'#*C,$?.)K.',&?.2.E'.)&2#$I.2(&'&,>.2"3.,'*2')*$,C&'($')&2&)"?"$2-&#'
)&2'($:"2")"&2$#'C,$B".#';'C,&)$($,'1*$>&'.'*2.'#$,"$'($'("B"#"&2$#';'#*+("B"#"&2$#E'
-.1';')&?&'#$'$2#$%.+.'$2'1.',$-6,").'>,"$>.<
D. ' C,$#$2)". ' ($ ' 1& ' >,"$>& ' $2 ' A&?. ' )&2#-"-*K. ' .#K ' .1>& ' )&?C1$-.?$2-$'
8.+"-*.1< ' D. ' B"(. ' ($1 ' &)"& ' $2 ' 1.# ' >,.2($# '9%&&")' ).?C$#-,$# ' #$ ' ($#.,,&11.+.'
:,$)*$2-$?$2-$'#">*"$2(&'1.#')&#-*?+,$# '>,"$>.#E'+"$2'C&,'1.'C,$#$2)".':K#").'($'
1"+,&# ' ; ' &+,.# ' ($ ' .,-$E ' & ' #*# ' .#C$)-&# ' ?H# ' :$#-"B&# ' )&?& ' 1. ' >.#-,&2&?K. ' ; ' 1.'
.#"#-$2)".'($'?J#")&#';'+."1.,"2.#'.'1&#'+.2F*$-$#<'41'B"2&'$,.'-.?+"L2'*2'C,&(*)-&'
?*; ' .C,$)".(& ' $2 ' $#-$ ' -"C& ' ($ ' )&2-$c-&#< ' 4#-. ' .(&C)"62 ' ($ ' 1.# ' ?&(.# ' >,"$>.#'
.:$)-.+. ' -.?+"L2 ' .1 ' C,&C"& ' 1$2>*.I$< ' R$ ' (")$ ' F*$ ' 1. ' 1$2>*. ' ($1 ' .?&, ' $,.'
$#$2)".1?$2-$'>,"$>.';'F*$'$,.')&2'-L,?"2&#';':,.#$#'>,"$>.#')&?&'1.#'$1$>.2-$#'
(.?.#',&?.2.#':1",-$.+.2'$2'1&#')$2H)*1&#';':"$#-.#'($'1.'.,"#-&),.)".<'4c"#-K.'1.'
),$$2)".'$2'1.'#*C$,"&,"(.('($'1.#'8.+"1"(.($#'$,6-").#'($'1&#'>,"$>&#E'.*2F*$'$2'
?*)8&#'?$("&#'#$')&2#"($,.+.2'($').,H)-$,'($#B$,>&23.(&E'*2.')",)*2#-.2)".'F*$'
C*(& ' 8.+$, ' )&2-,"+*"(& ' -.?+"L2 ' ($ ' :&,?. ' #">2":").-"B. ' . ' 1. ' )&?+"2.)"62 ' ($'
:.#)"2.)"62';'($#C,$)"&'F*$'1&#',&?.2&#'?&#-,.+.2'$2'?*)8&#'?&?$2-&#'8.)".'1.'
)*1-*,.'>,"$>.<'01>*2.#'.2L)(&-.#'"1*#-,.2'$1'.1).2)$'($'1.'C$2$-,.)"62'($1'>,"$>&'$2'
1.')&2)"$2)".'($'.1>*2&#',&?.2&#E'F*$'8.+,K.2'11$B.(&'1.')*$#-"62'8.#-.'?&?$2-&#'
-.2'($)"#"B&#')&?&'#*'C,&C".'?*$,-$<'g#-$':*$'$1').#&'($'a.-62'$1'7&B$2E'$2$?">&'
($'aL#.,E'F*$'#$'C,$C.,&'C.,.'$1'#*")"("&'1$;$2(&'C.#.I$#'($1'M$(62'($'b1.-62E'($1'
C,&C"&'aL#.,E'F*$'8.+,K.'C,&2*2)".(&'1.#')L1$+,$#'C.1.+,.#':"2.1$#'p-J'-.?+"L2'8"I&q'
$2'>,"$>&E'&'"2)1*#&'($'#*'.#$#"2&'\,*-&E'F*$'#$'("&'?*$,-$',$)"-.2(&'$2'?&?$2-&'
-.2'($)"#"B&'B$,#&#'($'.1>*2.#'-,.>$(".#'>,"$>.#<'41'$#-*("&#&'.?$,").2&'A.?#$;'
S.)S*11$2'8.'11$>.(&'.'.:",?.,'F*$'#"'#$'2&#')&2)$("$,.'1.'&C&,-*2"(.('($'$2-,.,'$2'
.1>*2.').#.'2&+1$',&?.2.'($'1.'LC&).'8.11.,K.?&#'$2'$11.'C&)&'F*$'C*("$,.'#$,'
).-.1&>.(&')&?&'$#C$)K:").';'C,&C".?$2-$',&?.2&<
4#-.'&?2"C,$#$2)".'($'1&'>,"$>&')&2-,.#-.E'#"2'(*(.E')&2'1.'$#).#.'"2)"($2)".'
($I.(. ' C&, ' &-,.# ' )*1-*,.# ' F*$ ' :*$,&2 ' -.?+"L2 ' (&?"2.(.# ' C&, ' A&?.E ' )&?& ' 1.'
?"#?K#"?.'a.,-.>&E'F*$'C.#6'.'&)*C.,'*2'1*>.,'C,"B"1$>".(&'$2'$#$',$C$,-&,"&'($'
p)"B"1"3.)"&2$#'($#.C.,$)"(.#q'-.2'($1'>*#-&'($'?*)8&#'.:")"&2.(&#'.'1.'02-">l$(.('
; ' #*# ' p?"#-$,"&#qE ' .:")"62 ' :&?$2-.(. ' C&, ' -.2-.# ' )&1$))"&2$# ' $("-&,".1$# ' ; ' BK($&#'
(&)*?$2-.1$#'($1',.?&<'b*$($'.:",?.,#$'"2)1*#&'F*$'1.'"2:1*$2)".'($'&-,.#')*1-*,.#E'
)&?&'1.'",.2".E'1.'$>"C)".'&'1.'I*(.").';'),"#-".2.E'#$':"1-,6'$2'A&?.'-.?+"L2'.'-,.BL#'
($1 ' >,"$>&< ' 52)1*#& ' .1>& ' -.2 ' $#$2)".1 ' C.,. ' 1&# ' C,&C"&# ' ,&?.2&# ' )&?& ' #* ' C,&C".'
8"#-&,". ' :*$ ' .+&,(.(. ' ($#($ ' 1&# ' C.,H?$-,&# ' >,"$>&# ' ; ' . ' B$)$# ' "2)1*#& ' $#),"-.'
-.?+"L2'$2'>,"$>&E')&?&':*$'$1').#&'($1'C,"?$,'8"#-&,".(&,',&?.2&E'M.+"&'b")-&,E'F*$'
,$),$6'$1'C.#.(&'($'#*'C*$+1&'-,.-.2(&'.($?H#'($'I*#-":").,'1.'C&1K-").',&?.2.'.2-$'
1&#'>,"$>&#<'D.'1$;$2(.'($'1&#'&,K>$2$#',&?.2&#':*$'"2B$2-.(.';')&2)$+"(.'C&,'1&#'
>,"$>&#')&?&'*2.':&,?.'($'p.)&>$,q'$'"2-$>,.,'($2-,&'($'#*'C$,)$C)"62'($1'?*2(&'
. ' $#-$ ' 2*$B& ' C&($, ' $?$,>$2-$< ' R"2 ' $?+.,>&E ' 1&# ' C,&C"&# ' ,&?.2&# ' .)$C-.,&2 ' 1.'
1$;$2(.E'$#C$)".1?$2-$'1.'B$,#"62'($'$11.'F*$')&2:$,K.'$1'C,&-.>&2"#?&'C,"2)"C.1'.1'
8L,&$ '-,&;.2&'42$.#'#$>*,.?$2-$ '.':"2.1$#'($1 '#"1>& '5i'.<a< '4#-. '.C,&C".)"62'1$'
C$,?"-K.'.'A&?.'.C.,$)$,'$#-,$)8.?$2-$'.#&)".(.')&2'1.'-,.?.',").';')&?C1$I.'($'
1.'-,.(")"62'8$1L2").E'$2-,.2(&'.#K'.'-,.BL#'($'$11.'($2-,&'($'$#-$'?*2(&')*1-*,.1'?H#'
.?C1"& ' ($ ' ,$)&2&)"(& ' C,$#-">"& ' F*$ ' ,$C,$#$2-.+. ' $1 ' 8$1$2"#?&E ' .1 ' -"$?C& ' F*$ ' .'
-,.BL# ' ($ ' (")8. ' $1$))"62 ' .2*2)".+. ' -.?+"L2 ' $1 ' ).,H)-$, ' 2$-.?$2-$ ' ("#-"2-"B& ' ($'

(%

A&?. '($#($ '#*#' "2")"&# '($2-,& '($' $#. '-,.?. ' >$2$,.1 '>,"$>.E' )&?& '?*;'+"$2' 8.'
#$%.1.(&'N,*$2<
R"2'$?+.,>&'2&').+$'8.+1.,'($'*2.')&?C1$-.'8$1$2"3.)"62'($'A&?.'.'C$#.,'
($'$#-&#E'C&,'&-,.'C.,-$'"2)*$#-"&2.+1$#'"2(")"&#<'D.'"2)"($2)".'($'1.')*1-*,.'>,"$>.'$2'
A&?.'2&'-*B&'*2.',$#C*$#-.'8&?&>L2$.';'*2KB&).<'h.+,K.'($'8$)8&'F*$'8.+1.,'
?$I&,'($'"2:1*$2)".#'>,"$>.#'$2'1*>.,'($'*2'#"2>*1.,'"2$c"#-$2-$E';.'F*$'C&,'*2'1.(&'
2&'$c"#-K.'2.(.')&?C.,.+1$'.'*2'1$>.(&'>,"$>&'*2":&,?$'F*$'C*("$,.'#$,'.#"?"1.(&'
$2'+1&F*$';'C&,'&-,&'1&#',&?.2&#'$,.2').C.)$#'($'("#),"?"2.,';'#$1$))"&2.,'.F*$11&#'
.#C$)-&#'F*$')&2>$2".+.2'?$I&,')&2'#*'C,&C".'"("&#"2),.#".'&'F*$'#$'.(.C-.+.2'
?H# ' :H)"1?$2-$ ' . ' #*# ' )",)*2#-.2)".# ' C.,-")*1.,$#< ' b$,& ' #" ' $1 ' 1$>.(& ' >,"$>& ' $,.'
)&?C1$I&E'-.?+"L2'A&?.'#$'$#-.+.'8.)"$2(&'C,&>,$#"B.?$2-$'?H#')&?C1$I.'($#($'
*2'C*2-&'($'B"#-.'C&1K-")&';'#&)"&16>")&')&2'$1'C.#&'($1'-"$?C&<'h.+K.'$:$)-"B.?$2-$'
*2')"$,-&').,H)-$,'#$1$)-"B&'$2'1.'.(?",.)"62';'($#.C,&+.)"62'($'1.#')&#-*?+,$#'$'
"($.#'>,"$>.#'F*$'#$'$c-$2(K.'.'?$2*(&'.'1.#'("#-"2-.#'LC&).#'F*$')&2#-"-*K.2'$1'
C.#.(& ' >,"$>&E ' $#-.+1$)"$2(& ' (":$,$2)".# ' $2-,$ ' 1. ' N,$)". ' ($1 ' >1&,"&#& ' C.#.(& ' =1.'
9)(9/ # P.")*%"@E ' )*;.# ' >$#-.# ' ?"1"-.,$# ' $,.2 ' ,$)&2&)"(.#E ' ; ' 1. ' ($ ' #*#'
)&2-$?C&,H2$&#E'F*$'B"BK.2'*2'C$,K&(&'?*)8&'?$2&#'C,$#-">"&#&';'$#C$)-.)*1.,<'
b$,& ' "2)1*#& ' ($2-,& ' ($ ' $#-.# ' (":$,$2)".# ' ?H# ' >1&+.1$# ' -&(.BK. ' ).+K.2 ' &-,.#'
?.-"3.)"&2$#'C&#-$,"&,$#<'0#K'1.'($?&),.)".'.-$2"$2#$'C.,$)K.'C$,2")"&#.'C&,'$1'-,.-&'
&-&,>.(&'.'#*#'C,"2)"C.1$#'C,&-.>&2"#-.#E'F*$'-$,?"2.,&2'#*#'(K.#'$2'$1'$c"1"&'&'$2'$1'
C.-K+*1&E';'#$'C,&:$#.+.E'$2').?+"&'*2.'#$2-"(.'.(?",.)"62'C&,'*2.'"2#-"-*)"62'($'
)&,-$ ' .,"#-&),H-")& ' )&?& ' $1 ' 0,$6C.>&< ' D. ' .2-">*. ' 4#C.,-. ' .C.,$)K. ' . ' 1&# ' &I&#'
,&?.2&#'?*;'#"?"1.,'.'1.'A&?.'($'1&#'C,"?$,&#'-"$?C&#'C&,'1.'&+$("$2)".'($'1&#'
)"*(.(.2&#'.'1.#'1$;$#<'41'$#-&")"#?&'.-,.I&'.'1&#',&?.2&#'C&,'#*'?&,.1"(.('.*#-$,.E'
C$,&'B$K.2'$c-,$?.(.?$2-$'(":K)"1'($',$.1"3.,'#*'"($.1'($'#.+"&';'$,.2'2*?$,&#&#'1&#'
.#C$)-&#'($'#*'-$&,K.'F*$'2&'1$#'"2-$,$#.+.2'$2'.+#&1*-&<'T.?+"L2':*$,&2'#$1$)-"B&#'
$2 ' #* ' .(&C)"62 ' ($1 ' $C")*,$"#?&E ' ;. ' F*$ ' 2& ' 1$# ' ,$#*1-.+. ' >,.-. ' #* ' $1$B.)"62 ' ($1'
C1.)$, ' )&?& ' ?Hc"?& ' &+I$-"B& ' $2 ' 1. ' B"(. ' ; ' #* ' ,$)8.3& ' ($ ' 1. ' .)-"B"(.( ' CJ+1").'
,$#*1-.+.'C&)&')&?C.-"+1$')&2'1&#'"($.1$#'B"-.1$#'($'1.'.,"#-&),.)".',&?.2.<
0'B$)$#'1.'"?"-.)"62'&'.(&C)"62 '($ '1&'>,"$>&'#$ 'F*$(.+. '$2 '#"?C1$'?&(.'
C.#.I$,. ' C,&C". ' ($ ' 1. ' I*B$2-*(E ' )&?& ' .:",?. ' b&1"+"& ' F*$ ' #*)$(K. ' )&2 ' ?*)8&#'
I6B$2$#',&?.2&#'F*$'.+#&,+K.2'#61&'1&#'.#C$)-&#'?H#'#*C$,:")".1$#'($1'?&(&'($'
B"(.'8$1$2&E')&?&'1.#':"$#-.#')&2'?J#").E'$1'.?&,'8&?&#$c*.1';'$1',$)8.3&'($'1&#'
($+$,$#'?"1"-.,$#<'e-,&#'#$'$c)$(K.2'($'-.1'?&(&'$2'1.'"?"-.)"62'F*$',&3.+.2'$1'?H#'
.+#&1*-&'($'1&#',"(K)*1&#'.'1&#'&I&#'($'#*#')&2-$?C&,H2$&#E'#"$2(&'&+I$-&'($'),*$1$#'
+*,1.# 'C&, '#* 'C.,-$E ')&?& ':*$ '$1 ').#& '($'"2("B"(*&#')&?&'0*1&'b&#-*?"& '01+"2&E'
F*"$2'-,.#'8.+$,')&?C*$#-&'*2.'8"#-&,".'$2'>,"$>&'C$(K.'("#)*1C.#'$2'$1'C,$:.)"&'C&,'
1&#'$,,&,$#')&?$-"(&#'$2'$1'*#&'($'$#-.'1$2>*.';'#&1")"-.+.'1.'"2(*1>$2)".'($'#*#'
1$)-&,$#E'&')&?&'T"-&'01+*)"&E'F*$':*$'&+I$-&'($',$C,&+.)"62E'?H#'.+"$,-.'$2'$1'C&$-.'
#.-K,")& ' D*)"1"& ' ; ' )&2 ' ?.;&, ' (&#"# ' ($ ' ",&2K. ' $2 ' a")$,62E ' C&, ' #* ' &#-$2-.)"62 ' ($'
#.+"(*,K.';')&#-*?+,$#'>,"$>.#<'R"2'$?+.,>&E'.'B$)$#'1&#'$#-$,$&-"C&#'#$',&?CK.2'
C&, ' )&?C1$-& ' )*.2(& ' #$ ' 11$>.+. ' .1 ' C*2-& ' ($ ' #.+$, ' )&&,("2., ' . ' 1. ' C$,:$))"62 ' 1.'
.(?",.)"62';'1.'C,H)-").'($'1.#')&#-*?+,$#'>,"$>.#')&2'1&#'C.-,&2$#'-,.(")"&2.1$#'($'
)&2(*)-.',&?.2&#E')&?&'#*)$("6'C&,'$I$?C1&'$2'$1').#&'($'4?"1"&'b.*1&E'F*$'$2'$1'
)*,#&'($'#*').?C.%.'$2'#*$1&'>,"$>&'.(F*","6'1.'+"+1"&-$).',$.1'?.)$(&2".E'B"#"-6'1&#'
1*>.,$#'?H#',$C,$#$2-.-"B&#'($'N,$)".';')&2-$?C16'$?+$1$#.(&'1.'$#-.-*.'($1'9$*#'
($'e1"?C".E'C$,&'$,.'.'1.'B$3'("#)"C1"2.(&'$2'1.'>*$,,.';')&2#)"$2-$'($'#*#'($+$,$#'
-,.(")"&2.1$# ' )&?& ' 2&+1$ ' ,&?.2&< ' e-,& ' $I$?C1& ' "1*#-,$ ' ($ ' $#-. ' (*.1"(.('

(&

C$,:$)-.?$2-$')&&,("2.(.'$#'$1'($'n-")&E'$1'.?">&'($'a")$,62'($#-"2.-.,"&'($'+*$2.'
C.,-$ ' ($ ' #* ' )&,,$#C&2($2)".E ' F*$ ' "1*#-,. ' 1. ' $c"#-$2)". ' ($ ' .,"#-6),.-.# ' ,&?.2&#'
).C.)$#'($')&?C,$2($,'1.'?.;&,'C.,-$'($'1&#'.#C$)-&#'($'1.')*1-*,.'>,"$>.'#"2'F*$'
$#-.'.:")"62'1$#'8")"$,.',$+.I.,'*2'HC")$'#*'($B&)"62'C.-,"6-").'C&,'-&(&'1&'F*$'#$'
)&2#"($,.+.'?H#'$c)1*#"B.?$2-$',&?.2&<
a")$,62'-.?+"L2':*$').C.3'($':*#"&2.,'1.#'-,.(")"&2$#'>,"$>.';',&?.2.E'C*$#'
2&'#61&'#*C&'(&-.,'.'1.'C,&#.'1.-"2.'($':1$c"+"1"(.(';'$1$>.2)".'C,&C".#'($'1.'C,&#.'
>,"$>.'#"2&'F*$'.?C1"6'.($?H#'$1'B&).+*1.,"&'F*$'C,$)"#.+.'C.,.'C&($,'("#)*-",'($'
:"1&#&:K.')&2'-L,?"2&#')1.B$')&?&'$1'($')//)2(%"<'D.#').,-.#'C,"B.(.#'($'a")$,62'#$'
$2)*$2-,.2 ' .#K ' ,$C1$-.# ' ($ ' C.1.+,.# ' >,"$>.#< ' R* ' $(*).)"62 ' #$ ' 11$B6 ' . ' ).+& ' )&2'
?.$#-,&#'>,"$>&#'$2',$-6,").';':"1&#&:K.<'R"2'$?+.,>&'2*2).'#$',$#">26'.'.(?"-",'1.'
($C$2($2)".'&'"2:$,"&,"(.('($'1.')*1-*,. ',&?.2.',$#C$)-& '($ '1.'>,"$>.'$2'2"2>J2'
H?+"-&< '02-$ ' 1& ' F*$ ' C.,$)K. ' *2 ' )&?C1$I& ' ($ ' "2:$,"&,"(.( ' ,&?.2. ' $2 ' *2 ' ).?C&'
($-$,?"2.(&E'a")$,62',$.))"&2.+.',$)&2&)"$2(&'1.'($#B$2-.I.'($'#*'C.-,".',$#C$)-&'
.'1&#'>,"$>&#')&2'$1'C&($,&#&'.,>*?$2-&'($'8.+$,'11$>.(&'?H#'-.,($'.'*2').?C&'
(&2($ '1&# '>,"$>&# '8.+K.2 ' "2")".(& '#* '.2(.(*,. ' ?*)8& '-"$?C& '.2-$#< '42 ').?+"&E'
,$(&2($.+.'#*',.3&2.?"$2-&E')*.2(&'8.+K.2'-&?.(&';.'1.'($)"#"62'"2.C$1.+1$'($'
-&?.,').,-.#'$2'$1'.#*2-&E'($?&#-,.,&2')&2'),$)$#'F*$'$,.2').C.)$#'($'.1).23.,'*2'
2"B$1'($'C.,"(.(')&2'1&#'1&>,&#'>,"$>&#';E'$2'.1>J2').#&'"2)1*#&E'8.+K.2'C*$#-&'($'
?.2":"$#-&'#*'"2("#)*-"+1$'#*C$,"&,"(.(E'2&'-$2"$2(&'F*$'$2B"(".,'$2'?&(&'.1>*2&'1.#'
C,&(*))"&2$#'&,">"2.1$#'>,"$>.#<'0#K'$1',$-6,")&'k*"2-"1".2&'#$'#$2-K.').C.3'($'-,.3.,'
.':"2.1$#'($1'#">1&'5'(<a<'*2'+.1.2)$'($'">*.1(.('$2-,$'N,$)".';'A&?.E'.*2F*$'2&'#$'
.-,$BK.'.'C,&)1.?.,'($#).,.(.?$2-$'1.'#*C$,"&,"(.(',&?.2.<
D. ' .(?",.)"62 ' #$1$)-"B. ' ; ' ("#),"?"2.(. ' C&, ' 1& ' >,"$>& ' .:$)-6 ' -.?+"L2 ' . ' 1.'
)&2(*)-. ' ($ ' .1>*2&# ' $?C$,.(&,$#< ' 41 ' C,&C"& ' 0*>*#-&E ' F*$ ' :*$ ' "2")".(& ' $2 ' 1&#'
?"#-$,"&#'($' 41$*#"#E' ("#:,*-.+. ' )&2 '1. ')&?$(".' >,"$>. ';'&-,&#' -"C&# '($'1"-$,.-*,.E'
C,&?&)"&26'*2'.,-$'&:")".1'($')1.,.'?.-,"3'8$1L2").E'-.1')&?&'#$'?*$#-,.'$2'$1'0,.'
b.)"#E';'?.2-*B&'.'1&#':"16#&:&#'>,"$>&#'$2'1.')&,-$W'a1.*("&'$2-,$>&'$1'C&($,'$2'
?.2&#'($'1&#'1"+$,-&#'>,"$>&#W']$,62E'C&,'#*'C.,-$E'#$2-K.'($B&)"62'C&,'1.'-,.>$(".';'
B".I6'.'1&#':$#-"B.1$#'>,"$>&#E'"?"-.2(&';'C.,&(".2(&'$1'-,"*2:&',&?.2&W'!&?")".2&'
-,.-6'($'"2-,&(*)",')&?C$-")"&2$#'.1'$#-"1&'>,"$>&'$2'C&$#K.';'&,.-&,".'$2'1&#':$#-"B.1$#'
,&?.2&#W ' $1 ' )$1$+L,,"?& ' 0(,".2& ' #$ ' ?&#-,.+. ' :.#)"2.(& ' C&, ' 1&# ' .#C$)-&# ' ?H#'
"2-$1$)-*.1$# ';',$1">"&#&# '($1 '8$1$2"#?&E'11$>.2(& '.' :*2(.,' "2)1*#& '$1'($2&?"2.(&'
b.28$1$2"&2E'*2.'$#C$)"$'($':$($,.)"62',$1">"&#.'F*$'-$2K.'#*')$2-,&'$2'0-$2.#'$2'
1. ' F*$ ' #61& ' C&(K.2 ' #$, ' .)&>"(.# ' .F*$11.# ' )"*(.($# ' ).C.)$ ' ($ ' C,&+., ' #*# ' +"$2'
:*2(.(&# ' &,K>$2$# ' 8$1L2")&#W ' :"2.1?$2-$ ' S.,)& ' 0*,$1"&E ' $1 ' $?C$,.(&, ' :"16#&:&E'
$#),"+"6 ' *2 ' -,.-.(& ' $2 ' >,"$>& ' ; ' #$ ' #"2-"6 ' C,&:*2(.?$2-$ ' .-,.K(& ' C&, ' $1 ' C.#.(&'
.-$2"$2#$ ' ; ' C&, ' #*# ' $#)*$1.# ' :"1&#6:").#< ' 42 ' #*?.E ' *2. ' #$,"$ ' ($ ' .)-"-*($#'
("B$,>$2-$# ' 8.)". ' 1& ' >,"$>& ' F*$ ' B"$2$2 ' . ' $I$?C1":")., ' #*# ' (":$,$2-$#'
C&#")"&2.?"$2-&#'($2-,& '($1'($+.-$ ',&?.2&'.)$,). '($ '1.'C,&C".'2.-*,.1$3.'($'1.'
)*1-*,.'#*C$,"&,E'-.1';')&?&'8.'#$%.1.(&'N,$>'o&&1:<']&'C*$($E'C&,'-.2-&E'8.+1.,#$'
($ ' *2 ' #$2-"?"$2-& ' :"1&8$1L2")& ' >$2$,.1"3.(& ' ; ' *2":&,?$ ' F*$ ' )&?C.,-K.2 ' C&, ' ">*.1'
).(. ' *2& ' ($ ' $11&#E ' ($ ' 1. ' ?"#?. ' :&,?. ' F*$ ' 2& ' 1& ' )&?C.,-"$,&2 ' -.?C&)& ' #*#'
.2-$)$#&,$# ' .,"#-&),H-")&# ' $2 ' -"$?C&# ' ($ ' 1. ' A$CJ+1").< ' D. ' )*1-*,. ' >,"$>. ' 2&'
)&2#-"-*K.'*2'j"-'J2")&'$'",,$$?C1.3.+1$'($'#$,B")"&#'F*$'#$'.(F*",K.'$2'+1&F*$')&2'
-&(.#'#*#'B",-*($#';'($:$)-&#E'F*$(.2(&'.'1.'("#),$)"62';'+*$2'I*")"&'($1')&?C,.(&,'
C,&)$($,'.'1.'&C&,-*2.'#$1$))"62'($'#*#'?$I&,$#'C,$#-.)"&2$#<'!$#($'*2'C,"2)"C"&'
8.+K.'#"(&'?H#'+"$2'*2'?.,)&',$:$,$2)".1'$c-,.&,("2.,".?$2-$',")&';'B.,".(&'F*$'

('

C$,?"-K.')&2:,&2-.,'1.#'C,&C".#'C&#"+"1"(.($#'($').(.'*2&'$2'-$,,$2&#'+"$2'(":$,$2-$#'
#"2 ' F*$ ' $11& ' "?C1").#$ ' C&, ' 2$)$#"(.( ' $1 ' .+.2(&2& ' ($ ' 1&# ' C,$#*C*$#-&#'
:*2(.?$2-.1$# ' F*$ ' ,$>*1.+.2 ' 1. ' "("&#"2),.#". ' ,&?.2.< ' SH# ' +"$2 ' .1 ' )&2-,.,"&E'
#">2":").+.'.'?$2*(&E'.'-,.BL#'($'1.')&2:,&2-.)"62'($'$#F*$?.#';'$#-$,$&-"C&#E'*2.'
?$I&,'($:"2")"62'($'.F*L11.'.1'#.1",')&2#"($,.+1$?$2-$',$:&,3.(.'($'1.'&C$,.)"62<
D&#'C,$I*")"&#';'1.#'-$2#"&2$#')&?C$-"-"B.#'#&+,$B"B"$,&2'.#K'1.,>&'-"$?C&';'
.C.,$)$2 ' C&, ' -&(.# ' C.,-$#< ' f2.# ' B$)$# ' ($ ' :&,?. ' *2 ' -.2-& ' ($#"28"+"(.E ' )&?& ' $1'
?.2":"$#-&'($#.C$>&'?&#-,.(&'C&,'S.,"&E'F*$'.($?H#'($'I.)-.,#$'($'2&'C&#$$,'*2.'
$(*).)"62 ' >,"$>. ' C,&)1.?.+. ' . ' 1&# ' )*.-,& ' B"$2-&# ' $1 ' C,&:*2(& ' ($#C,$)"& ' F*$'
C,&:$#.+.'8.)".'$11.<'42'&-,.#'&).#"&2$#'8.)K.'.)-&'($'C,$#$2)".'($'?.2$,.'?H#'
B$1.(.'C$,&'2&'?$2&#'$B"($2-$E')&?&'$1'F*$'F*$(.',$:1$I.(&'$2'$1')L1$+,$'1$?.'
B",>"1".2&'($1 '(%5)'#E"2"'/#)(#+'2"#A).)2()/' =p-$?&'.'1&#'(H2.&#'.*2F*$'-,.">.2'
,$>.1&#q@< ' D. ' $c"#-$2)". ' >$2$,.3.(. ' ($ ' C,$I*")"&# ' 8.)". ' 1&# ' >,"$>&# ' #$ ' ($-$)-.'
-.?+"L2 ' $2 ' $1 ' -,.-.?"$2-& ' ($ ' 1&# ' C$,#&2.I$# ' F*$ ' 8.)$ ' a&,2$1"& ' ]$C&-$ ' $2 ' #*#'
+"&>,.:K.#E ' F*$ ' "+.2 ' (",">"(.# ' . ' *2 ' CJ+1")& ' 2& ' ?*; ' 1$K(&< ' 42 ' $11.# ' ($#-.).'
C,$)"#.?$2-$'1.',$1.-"B.'"?C.,)".1"(.(')&2'1.'F*$'#&2'$2:&).(&#E'+.I&'1.'"($.'($'F*$'
1.#')*1-*,.#'($+$2'#$,'I*3>.(.#'C&,'#*#'C,&C".#'2&,?.#';'C.-,&2$#E'$2'1&'F*$'C.,$)$'
*2. ' "2B"-.)"62 ' $B"($2-$ ' . ' #* ' .*("-&,"& ' C.,. ' F*$ ' ($#$)8$ ' 1&# ' C,$I*")"&# ' C,$B"&# ' $'
"2:*2(.(&# ' F*$ ' )&2(")"&2.+.2 ' #* ' .)-"-*(< ' 52)1*#& ' D*)".2&E ' $2 ' *2. ' LC&). ' ;.'
C&#-$,"&,E ' -&(.BK. ' ,$)&2&)$ ' 1. ' $c"#-$2)". ' ($ ' 1&# ' ,$C,&)8$# ' ,&?.2&# ' .)$,). ' ($ ' 1.'
&)9%("/'>,"$>.')&2'1.'F*$'#$'8.)K.',$:$,$2)".'.'#*')&?C&,-.?"$2-&'?&,.1'("#&1*-&<

:/&)%/#+',"%#,*+'/#'N*2&

!$2-,&'($'$#-.'-$2#"62'("2H?").'F*$'$#-,*)-*,6'1.')&?C1$I.',$1.)"62'$2-,$'1.#'
(&#')*1-*,.#'2&':.1-.,&2'-.?C&)&'$2'$1'1.(&'>,"$>&'.1>*2&#')&2B$2)"(&#'($:$2#&,$#'
($'A&?.<'D.'1"#-.'($'"2-$1$)-*.1$#'F*$'$#-*B"$,&2'($'*2.'*'&-,.'?.2$,.'.1'#$,B")"&'
($'A&?.'#$'"2")"6';.'(*,.2-$'1.'A$CJ+1").E')&2':">*,.#'-.2'($#-.).(.#')&?&'b&1"+"&'
&'b&#"(&2"&E')&2-"2*6'($#C*L#'+.I&'$1'>&+"$,2&'($'0*>*#-&')&2'!"&(&,&E'4#-,.+62';'
!"&2"#"&'($'h.1").,2.#&';'C,&#">*"6':"2.1?$2-$'.'1&'1.,>&'($'-&(&'$1'C$,K&(&'"?C$,".1'
)&2'41"&'0,K#-"($#E'0C".2&E'0,,".2&E'!"62'a.#"&E'h$,&(".2&';'0?".2&'S.,)$1"2&<'D.'
?.;&,K.'($'$11&#'$#),"+"$,&2'$2'>,"$>&'(",">"L2(&#$'.'*2'.*("-&,"&'?"c-&'"2-$>,.(&'
C&, ' ">*.1 ' C&, ' 1.# ' ).C.# ' ?H# ' "1*#-,.(.# ' ($ ' 1. ' #&)"$(.( ' ,&?.2.E ' F*$ ' C&#$K.2 ' *2'
?.2$I&':1*"(&'($'1.'1$2>*.'>,"$>.E';'C&,'$1'CJ+1")&'>,"$>&E'F*$'$,.'$1'($#-"2.-.,"&'
8.+"-*.1 '($'$#-.')1.#$'($'&+,.#<'01>*2&#'$,.2';. ':*2)"&2.,"&#',&?.2&#'$2'C1$2&'
($#$?C$%&'($ '#*#').,>&#E ')&?& '0C".2&E 'C,&)*,.(&,'$2'1&#'-,"+*2.1$# '($ 'A&?.E'
0,,".2&E ' ($>.(& ' "?C$,".1 ' $2 ' a.C.(&)". ' $2 '0#". ' S$2&,E ' & ' !"62 ' a.#"&E ' )62#*1 ' $2'
A&?. ' ; ' >&+$,2.(&, ' ($ ' n:,").< ' e-,&#E ' $#C$)".1?$2-$ ' $2 ' 1. ' LC&). ' ?H# ' -.,(K. ' ($1'
"?C$,"&E ' $#),"+"$,&2 ' ;. ' )&,,$)-.?$2-$ ' $2 ' 1.-K2E ' )&?& ' $1 ' C&$-. ' a1.*(".2& ' & ' $1'
8"#-&,".(&,'0?".2&'S.,)$1"2&E'F*$'.'C$#.,'($'#*#'&,K>$2$#';'#*')*1-*,.'>,"$>.'$2-,.2'
;.'C&,'#*'&+,.'($2-,&'($'1.'1"-$,.-*,.'1.-"2.<
b&1"+"& ' :*$ ' #$>*,.?$2-$ ' $1 ' C,"?$,& ' F*$ ' 8"3& ' ($ ' A&?. ' #* ' -$?. ' 8"#-6,")&'
C,"2)"C.1E ' -,.-.2(& ' ($ ' $cC1")., ' . ' #* ' .*("-&,"& ' 8$1L2")& ' 1.# ' ,.3&2$# ' F*$ ' 8.+K.2'
)&2(*)"(& ' . ' 1. ' C$F*$%. ' )"*(.( ' ($1 ' D.)"& ' ($#($ ' #*# ' 8*?"1($# ' &,K>$2$# ' 8.#-. ' 1.'

((

)*?+,$'($1 'C&($, ';'.'1.'8$>$?&2K. '#&+,$ '-&(& '$1'?*2(& ')&2&)"(&< 'R*# 'C,&C".#'


)",)*2#-.2)".# ' C$,#&2.1$# ' 8.+K.2 ' )&2-,"+*"(& ' ($ ' ?.2$,. ' ($)"#"B. ' . ' :&?$2-., ' #*'
.(?",.)"62 ' C&, ' A&?.< ' h.+K. ' :&,?.(& ' C.,-$ ' ($ ' 1&# ' ,$8$2$# ' ($ ' 1. ' a&2:$($,.)"62'
0F*$.';E'.'(":$,$2)".'($1',$#-&'($'#*#'C."#.2&#E'-*B&'1.':&,-*2.'($')&2-.,')&2'$1'
.C&;& ' ($ ' 1&# ' 4#)"C"&2$#E ' F*$ ' 1& ' .)&>"$,&2 ' )&?& ' -*-&, ' $2 ' #* ' :.?"1". ' ; ' C*(&'
.)&?C.%.,'.'*2&'($'1&#'?H#'($#-.).(&#'?"$?+,&#'($1')1.2'$2'#*#'$cC$(")"&2$#'
?"1"-.,$# ' C&, ' 1. ' C$2K2#*1. ' "+L,"). ' ; ' C&, ' n:,").< ' M*$ ' .#K ' -$#-">& ' C,"B"1$>".(& ' ($ ' 1.'
$:").)".'?"1"-.,',&?.2.':,$2-$'.'$2$?">&#'B.1$,&#&#'F*$'C&)&'C*("$,&2'8.)$,'C.,.'
:,$2.,'$1'"?C.,.+1$'.B.2)$'($'1.#'1$>"&2$#'#.1B&'&C&2$,'*2.',$#"#-$2)".'-.2'8$,&").'
;'-$2.3')&?&'"2J-"1';'($#$#C$,.(.<'h"3&'.#K'*2.'($'1.#'($#),"C)"&2$#'?H#')L1$+,$#'
($'1.'?.F*"2.,".'+L1").',&?.2.';'($'#*#'C,"2)"C.1$#'$:$)-"B&#'F*$'#$'8.')&2B$,-"(&'
($#($'$2-&2)$#'$2'*2&'($'1&#'-$c-&#')1H#")&#'.'$#-$',$#C$)-&<
0-,"+*;6'1.')1.B$'($'1&#'Lc"-&#'($'A&?.'.'#*')&2#-"-*)"62E'F*$E'$2'#*'&C"2"62E'
$#-.+. ' )&?C*$#-. ' C&, ' *2. ' #.+". ' ?$3)1. ' ($ ' 1&# ' -,$# ' $1$?$2-&# ' C&1K-")&#'
:*2(.?$2-.1$#/ ' 1. ' ?&2.,F*".E ' 1. ' .,"#-&),.)". ' ; ' $1 ' C*$+1&E ' ,$C,$#$2-.(&# ' $2 ' #*#'
&,>.2&#')&,,$#C&2("$2-$#')&?&'1&#')62#*1$#E'$1'R$2.(&';'1&#')&?")"&#<'a,$6'($'
$#-. ' :&,?. ' $1 ' ?"-& ' ($ ' 1. ' )&2#-"-*)"62 ' ?"c-.E ' *2 ' "2B$2-& ' #&:"#-").(& ' $c-,.K(&' ($ ' 1.'
$#C$)*1.)"62 ' C&1K-"). ' >,"$>. ' F*$ ' 2.(. ' -$2K. ' F*$ ' B$, ' )&2 ' 1. ' ,$.1"(.( ' "2#-"-*)"&2.1'
,&?.2.E ' )*;& ' )&?C1$I& ' ?$).2"#?& ' ($ ' :*2)"&2.?"$2-& ' b&1"+"& ' 2*2). ' 11$>6 ' .'
)&?C,$2($,'($1'-&(&E'($?&#-,.2(&'($'$#-$'?&(&'1.'C,&B$,+".1'"2).C.)"(.('>,"$>.'
C.,.'$2-$2($,'.':&2(&'1.#')*1-*,.#'.I$2.#<'4#-.+.':.B&,.+1$?$2-$'"?C,$#"&(&'C&,'1.'
("#)"C1"2.',&?.2.'$2'1.'>*$,,.E'F*$';.'8.+K.'#*#)"-.(&'.2-$#'1.'.(?",.)"62'($'b",,&E'
C&,' #* '-$2.)"(.(E 'C&, '#*' $c-,.&,("2.,".' ).C.)"(.( ' $2 '1. '?&B"1"3.)"62' ($ ',$)*,#&#'
8*?.2&#E'C&,'1.'"2#C",.)"62'F*$'1.'.,"#-&),.)".'8.11.+.'$2'1&#'.2-$C.#.(&#';'C&,'
)6?&'1.'C"$(.('F*$'($?&#-,.+.2'8.)".'#*#'("&#$#'1$#'.#$>*,.+.'1.'&+$("$2)".'($'
1&#'C&+,$#';'1.'"2-$>,"(.('($'1&#'?.>"#-,.(&#<'4cC1")6'.'1&#'>,"$>&#'1.#',.3&2$#'C&,'
1.# ' F*$ ' 1&# ' ,&?.2&# ' )&2#">*"$,&2 ' $1 ' Lc"-& ' ; ' . ' 1&# ' ,&?.2&# ' $1 ' #">2":").(& ' ; ' 1.#'
)&2(")"&2$#'($'#*'C,&C"&'-,"*2:&<'a&?&'>,"$>&'F*$'$,.'2&')&2-$?C16')&2'"2(":$,$2)".'
1.#'.))"&2$#',&?.2.#'$2'#*$1&'>,"$>&E'F*$'.).+.,&2')&2(*)"$2(&'.'1.'C$,(")"62':"2.1'
($ ' #* ' C.-,".< ' a&2#"($,6 ' C$,-"2$2-$ ' "2)1*#& ' ?&#-,., '. ' 1&# ' (",">$2-$# ',&?.2&#E ' F*$'
C&(K.2 ' $#-., ' $2-,$ ' 1&# ' C,"2)"C.1$# ' ($#-"2.-.,"&# ' ($ ' #* ' 8"#-&,".E ' .1>*2.# ' ($ ' 1.#'
&C"2"&2$# ' 2$>.-"B.# ' F*$ ' :1&,$)K.2 ' C&, ' .F*$1 ' $2-&2)$# ' $2-,$ ' #*# ' )&?C.-,"&-.#'
>,"$>&#< ' R"2 ' $?+.,>& ' 2*2). ' )*$#-"&26 ' 1&# ' C,"2)"C"&# ' +H#")&# ' ($1 ' $cC.2#"&2"#?&'
,&?.2&E'1"?"-H2(&#$'-.2'#61&'.'C,&+.,'.'#*#'(",">$2-$#'F*$'$1').?"2&'($'1.',$C,$#"62'
; ' $1 ' -$,,&, ' 8.)". ' $1 ' F*$ ' #$ ' 8.+K.2 ' .+&).(& ' C&(K. ' -,.$, ' . ' 1. ' 1.,>. ' 2$:.#-.#'
)&2#$)*$2)".#'C.,.'#*'C,&C".'#*C$,B"B$2)".')&?&'$#-.(&<
4#-$'"2-$2-&'($'b&1"+"&'($'C$,#*.(",'.'1&#'1K($,$#',&?.2&#'.')&?C&,-.,#$'($'
*2.':&,?.'F*$'2&'#*C*#"$,.'1.'2$)$#.,".'.1"$2.)"62'($'1.'?.;&,K.'($'#*#'#J+("-&#E'
C&2"$2(& ' .#K ' $2 ' C$1">,& ' 1. ' C&#")"62 ' ($ ' 1.# ' )1.#$# ' (",">$2-$# ' 1&).1$# ' F*$ ' 8.+K.2'
"($2-":").(& ' 1. ' #.1B.>*.,(. ' ($ ' #*# ' "2-$,$#$# ' )&2 ' 1. ' #*C,$?.)K. ' ($ ' A&?.E ' :*$ ' 1.'
-$2($2)". ' #$>*"(. ' ($#C*L# ' -.?+"L2 ' C&, ' &-,&# ' "2-$1$)-*.1$# ' >,"$>&# ' F*$ ' )&?& ' L1'
.)$C-.+.2'1.'(&?"2.)"62',&?.2.';')&1.+&,.,&2')&2'$11.<'g#-$':*$'$1').#&'($'1&#'
:"16#&:&# '$#-&")&#'b.2$)"&';'b&#"(&2"&E'$#C$)".1?$2-$'($'$#-$'J1-"?&E'.1>*2&# '($'
)*;&#':,.>?$2-&#'8.2'11$>.(&'8.#-.'2&#&-,&#<'41'?$("&'#">1&'F*$'8.+K.'-,.2#)*,,"(&'
($#($'1.'LC&).'($'b&1"+"&'8.+K.'.:".23.(&'-&(.BK.'?H#'1.'(&?"2.)"62',&?.2.';'1.'
)&2#">*"$2-$'"($2-":").)"62'($'1&#'"2-$,$#$#'($'1.#')1.#$#'(",">$2-$#'>,"$>.#')&2'$11.<'
41 ' "2-$,L# ' ($ ' b&#"(&2"& ' $,. ' ,$)&,(., ' . ' 1&# ' >&+$,2.2-$# ' ,&?.2&# ' #*# ' $,,&,$# ' ;'
-&,C$3.#'$2'$1'$I$,)")"&'($'#*'8$>$?&2K.E'?H#')&2'1.'#.2.'"2-$2)"62'($')*$#-"&2.,'

)**

1&#'C,&)$("?"$2-&#'*-"1"3.(&#'$2'$1'C,&)$#&'($')&2F*"#-.'F*$'($'C&2$,1.'$2')*$#-"62'
)&?&'-.1<'42'#*'&C"2"62E'A&?.'($+K.'&)*C.,'#*'1*>.,')&,,$#C&2("$2-$')&?&'"1*#-,$'
?"$?+,&'($'1.')&?*2"(.(')"B"1"3.(.'F*$')&2#-"-*K.'$1'*2"B$,#&')*1-*,.1'8$1L2")&<'4#-.'
"($. '($ '.#"?"1.)"62 'C&2$ '($ '2*$B&'$2 '$B"($2)".'1.'">2&,.2)".'($'1&# 'B$,(.($,&#'
:*2(.?$2-&#'($'1.',$.1"(.('#&)".1'$'"2#-"-*)"&2.1',&?.2.E')&?&';.'1$'8.+K.'#*)$("(&'
.2-$# ' . ' b&1"+"&< ' D&# ' ?L-&(&# ' ($#),"C-"B&#E ' +.#.(&# ' $2 ' *2. ' C$,#C$)-"B. ' ($'
("#-.2)".?"$2-&E'F*$'*2&';'&-,&'.C1").,&2'.'1.#'#&)"$(.($#'"2(K>$2.#'($1'e))"($2-$'
?$("-$,,H2$& '2& ' :*$,&2 '.C1").(&# '. '1&# ' ,&?.2&#E '. ' F*"$2$# 'I*3>.+.2 ' $2 ' ).?+"&'
.-$2"L2(&#$'.'1&#'C.-,&2$#'$'"2-$,$#$#'>,"$>&#E'.'C$#.,'($'F*$'2&'1$#'$,.2'?$2&#'
.I$2&# ' F*$ ' .F*L11.#< ' 41 ' ($#"2-$,L# ' :*2(.?$2-.1 ' ($ ' $#-&# ' .*-&,$# ' C&, ' 1. ' )*1-*,.'
,&?.2.'#$'C&2$'$#C$)".1?$2-$'($'?.2":"$#-&')*.2(&')&?C,&+.?&#'1.'.*#$2)".'$2'
#*# '&+,.# '($ ' )*.1F*"$, '?$2)"62 '($ '1. '$?$,>$2-$ '1"-$,.-*,. '1.-"2. ' ($ ' 1. 'F*$ '$,.2'
$#-,")-&# ' )&2-$?C&,H2$&#< ' k*$(.,&2 ' .#K ' :*$,. ' ($ ' #* ' )&2#"($,.)"62 ' )*$#-"&2$#'
:*2(.?$2-.1$# ' ($1 ' ?&(& ' ($ ' B"(. ' ,&?.2& ' ; ' .1>*2.# ' ($ ' 1.# ' )1.B$# ' F*$ ' 8.+K.2'
:*2(.?$2-.(& ' #* ' Lc"-& ' )&?& ' C&-$2)". ' ?"1"-.,E ' )&?& ' #* ' C&#")"62 ' ($2-,& ' ($ ' 1.'
C$2K2#*1. ' "-H1"). ' ; ' 1. ' )&1.+&,.)"62 ' $ ' "?C1").)"62 ' ($ ' #*# ' L1"-$# ' (",">$2-$# ' $2 ' #*#'
$?C,$#.#'$c-$,"&,$#<
D.'8$1$2"3.)"62'($'A&?.E'$2-$2("(&'.F*K'$#-$'-L,?"2&')&?&'$1'"2-$2-&'C&,'
"2-$>,.,'1.',$.1"(.(',&?.2.'($2-,&'($'1&#'C.,H?$-,&#')*1-*,.1$#'8$1L2")&#E')&2-"2*6'
)&2 ' !"&2"#"& ' ($ ' h.1").,2.#&E ' ;. ' $2 ' C1$2. ' LC&). ' ($ ' 0*>*#-&< ' !"&2"#"& ' :*$ ' *2'
$2)$2("(&'C.2$>","#-.'($'-&(&'1&',&?.2&'.1'?"#?&'-"$?C&'F*$'"2-$2-.+.'($?&#-,.,'
#* '&,">$2 'B$,(.($,.?$2-$ '>,"$>&E '11$>.2(& '8.#-. '$1' $c-,$?& '($'C&#-*1., '-.?+"L2'
C.,. ' $1 ' 1.-K2 ' *2 ' &,">$2 ' )&?& ' (".1$)-& ' >,"$>&< ' a&2-$#-.+. ' .#K ' . ' 1.# ' .:",?.)"&2$#'
B$,-"(.# '.1 ' C.,$)$, 'C&, ' &-,&# '"2-$1$)-*.1$# '>,"$>&# '?$2&# 'C,&C$2#&# '. '.)$C-., ' $1'
C,$(&?"2"&',&?.2&E'F*$'C,&C*>2.+.2'*2'&,">$2'?*)8&'?$2&#'"1*#-,$'C.,.'1.')"*(.('
($1'TK+$,E':*2(.(.'$2'#*'&C"2"62'C&,'>$2-$#'+H,+.,.#'($'$c-,.))"62'$#)1.B.E';'F*$'
($:$2(K.2 ' 1.' -$#"# ' ($ ' F*$ ' #61& ' 1. ' :&,-*2. ' 8.+K. ' )&2(*)"(& ' . ' A&?. ' . '&#-$2-., ' 1.'
C&#")"62'F*$'&)*C.+.<'41'$2-*#".#?&'($'!"&2"#"&'C&,'A&?.'.1).236'-&(.BK.')&-.#'
?.;&,$#' )*.2(& ' #&#-$2K. ' F*$ ' 2& '#61& ' A&?. ' -$2K. ' &,K>$2$# ' >,"$>&# ' #"2& ' F*$E ' .'
(":$,$2)".'($'1.#')"*(.($#'>,"$>.#'F*$'8.+K.2'&1B"(.(&')&2'$1'C.#&'($1'-"$?C&'#*'
8$,$2)".E ' 1&# ' (",">$2-$# ' ,&?.2&#E ' $2 ' ).?+"&E ' #$ ' 8.+K.2 ' ,$B$1.(& ' )&?& ' 1&#'
.*-L2-")&#'($C&#"-.,"&#'($1'8$1$2"#?&<'A&?.'8.+K.'B$2"(&'.'&)*C.,'($'$#-$'?&(&'$1'
1*>.,'($:"2"-"B&'($2-,&'($1'$#F*$?.'>,"$>&'-,.(")"&2.1'($'1.'#*)$#"62'($'1&#'"?C$,"&#<'
b&2K.'.1'#$,B")"&'($'1.'B"$I.'"($.E';.'$cC,$#.(.'$2'1&#'K.FB)2)/'($'a.-62'($'F*$'1&#'
C,"?$,&#'8.+"-.2-$#'($'5-.1".'=1&#':.?&#&#'.+&,K>$2$#@'$,.2'>,"$>&#E'-&(&'$1'.C.,.-&'
)&2)$C-*.1 ' ;'$,*("-& ' F*$ '1&# ' "2-$1$)-*.1$# ' >,"$>&# ' .C1").+.2 ' $2 ' -$,,$2&# ' )&?& ' 1.'
),K-"). ' 1"-$,.,". ' & ' $1 ' $#-*("& ' ($ ' 1.# ' .2-">l$(.($#E ' (&# ' ).?C&# ' $2 ' 1&# ' F*$'
C,$)"#.?$2-$ ' !"&2"#"& ' $,. ' -.?+"L2 ' *2 ' ,$C*-.(& ' $#C$)".1"#-.< ' !$ ' $#-. ' :&,?. ' $1'
?$2#.I$':*2(.?$2-.1'($'#*'&+,.E'(",">"(.'-.?+"L2'.'*2.'.*("$2)".'?"c-.')&?C*$#-.'
($'>,"$>&#';',&?.2&#E'2&'#61&'$,.'F*$'1&#',&?.2&#'$2'#*'&,">$2'$,.2'>,"$>&#E'#"2&'
F*$'1&#'C,&C"&#'>,"$>&#'#$')&2B$,-K.2'-.?+"L2'($'$#-$'?&(&'$2',&?.2&#'.'-,.BL#'($'
$#$'1$I.2&'C.,$2-$#)&';E'C&,'-.2-&E'#*'"?C$,"&'$,.'$2'+*$2.'?$("(.'-.?+"L2'$1'#*;&<'
!"&2"#"&E ' )&?& ' #*# ' .2-$)$#&,$# ' $2 ' $#-$ ' -$,,$2&E ' #$ ' ,$B$1.+. ' -.?+"L2 ' )&?& ' *2.'
C.,-$'"2-$,$#.(.'$2'1.')&2#-,*))"62'($'*2.',$C,$#$2-.)"62'2*$B.'($'1.#',$1.)"&2$#'
$2-,$'>,"$>&#';',&?.2&#'($'1.'F*$'.?+.#'C.,-$#'C&(K.2'&+-$2$,'#*#',$#C$)-"B&#'
("B"($2(&#<
D. ' B.1&,.)"62 ' C&, ' C.,-$ ' >,"$>. ' ($ ' 1. ' .))"62 ' )"B"1"3.(&,. ' ($ ' A&?. ' F*$(.'
">*.1?$2-$ ' C.-$2-$ ' $2 ' 1. 'P)'B."AF"' ($ ' 4#-,.+62E ' )&?C*$#-. ' -.?+"L2 ' (*,.2-$ ' 1.'

)*)

LC&).'($'0*>*#-&<'41'$#C.)"6'>$&>,H:")&'F*$',$)&,,$'.'1&'1.,>&'($'#*'($#),"C)"62'($1'
&,+$'$#'.8&,.';.'$c)1*#"B.?$2-$',&?.2&';'.C.,$)$')&2#-.2-$?$2-$'.B.1.(&'C&,'1&#'
+$2$:")"&# ' C.-$2-$# ' ($ ' 1. ')&2F*"#-. ',&?.2.E ' )&?& ' $1 ' $#-.+1$)"?"$2-& ' ($ ' BK.# '($'
)&?*2").)"62'$2-,$'1&#'(":$,$2-$#'C*$+1&#'($1'"?C$,"&';'1.'C*$#-.'$2':*2)"&2.?"$2-&'
($'1&#'2$)$#.,"&#'?$).2"#?&#'($'C,&-$))"62')&2-,.'1.'+.,+.,"$'($'1&#')&2:"2$#'F*$'
8.2'F*$(.(&':*$,.'($'$#-$'H?+"-&'C,"B"1$>".(&<'41'1.,>&'C$,K&(&'($'C.3E'$#-.+"1"(.(';'
C,&#C$,"(.( ' F*$ ' #">2":")6 ' 1. ' 11$>.(. ' ($ '0*>*#-& ' .1 ' C&($,E ' -,.# ' $1 ' ($#.#-,&#& ' ;'
C,&1&2>.(& ' "2-$,1*("& ' ,$C,$#$2-.(& ' C&, ' 1.# ' >*$,,.# ' )"B"1$# ' ,&?.2.#E ' F*$ ' 8.+K.2'
($I.(&'#*#'?.,).#'"?+&,,.+1$#'$2'#*$1&'>,"$>&')&?&'$1'#.F*$&'($'A&(.#'$2'$1'.%&'
^O ' .<a<E ' )&2#-"-*K. ' *2 ' ?&-"B& ' ?H# ' F*$ ' I*#-":").(& ' ($ ' .(?",.)"62 ' C.,. ' ?*)8&#'
>,"$>&#<'!$#C*L#'($'?*)8&'-"$?C&'1.#')&2(")"&2$#',$"2.2-$#'C$,?"-K.2'?",.,')&2'
)"$,-& ' &C-"?"#?& ' *2 ' :*-*,& ' )&2#-.2-$?$2-$ ' $?C.%.(& ' 8.#-. ' $2-&2)$# ' C&, ' 1.#'
,$B&1*)"&2$# ' "2-$,2.#E ' C&, ' 1&# ' )&2:1")-&# ' ($ ' .?C1"& ' ).1.(& ' )&?& ' 1.# ' >*$,,.#'
?"-,"(H-").#'&'C&,'1&#'$:$)-&#'?H#'F*$')&1.-$,.1$#'($'1.#'?$2)"&2.(.#')&2-"$2(.#'
)"B"1$#<'f2.'#"-*.)"62'F*$'($+"6'($'#$,'$#C$)".1?$2-$'.C,$)".(.'C&,'1&#'"2-$1$)-*.1$#'
$2'+*#).'($'C.-,&2.3>&'F*$'.2(.+.2'8.#-.'$2-&2)$#'.1>&'C$,("(&#'.').*#.'($'1.'
"2)$,-"(*?+,$'($'1.#')",)*2#-.2)".#'"?C$,.2-$#'C&,'-&(.#'C.,-$#<'R$>*,.?$2-$'*2.'
+*$2.'C.,-$'($'$#$'.>,.($)"?"$2-&';'($'1.'.(?",.)"62'C&,'1&#'1&>,&#')&2#$>*"(&#'8.'
F*$(.(& ' ,$:1$I.(. ' $2 ' .1>*2.# ' ($ ' 1.# ' ?.2":$#-.)"&2$# ' ?H# ' ($#-.).(.# ' ($ ' 1.'
1"-$,.-*,.'>,"$>.'($'LC&).'"?C$,".1E')&?&'1.#')L1$+,$#'+"&>,.:K.#'($'b1*-.,)&E'$2'1.#'
F*$'.C.,$)$2'>,"$>&#';',&?.2&#'C*$#-&#'$2'C.,.1$1&')&?&'?&($1&#'($')&2(*)-.'
?&,.1E'&'1&#'("#)*,#&#'($1',L-&,'41"&'0,K#-"($#E').C.3'($'$2-&2.,'*2'$1&>"&'($'A&?.'
$2'$1'F*$'#$'($-.11.2';'$c.1-.2'*2.'.'*2.'-&(.#'#*#')$1$+,.(.#'B",-*($#<
]*$B.?$2-$E'#"2'$?+.,>&E'-.?C&)&'$#'&,&'-&(&'1&'F*$',$1*)$<'D.#',$-")$2)".#'
; ' 1&# ' ,$#$2-"?"$2-&# ' ($I.(&# ' $2 ' $1 ' ).?"2& ' C&, ' *2. ' &)*C.)"62 ' F*$ ' #$ ' 8.+K.'
)&2B$,-"(& ' )&2 ' $1 ' C.#& ' $1 ' -"$?C& ' $2 ' 1. ' #"-*.)"62 ' ($:"2"-"B. ' $ ' "2.?&B"+1$ ' 2&'
($#.C.,$)"$,&2 ' ($1 ' -&(&E ' . ' C$#., ' ($ ' 1. ' 1$2-. ' C$,& ' :",?$ ' -,.2#:&,?.)"62 ' ($ ' 1&#'
#$2-"?"$2-&# ' ; ' 1.# ' 1$.1-.($# ' F*$ ' $?C"$3. ' . ' ($-$)-.,#$ ' ;. ' $2 ' ?*)8&# ' ($ ' 1&#'
"2-$1$)-*.1$#'>,"$>&#'($'-"$?C&#'($'1.'A$CJ+1").<'D.'C,&-$#-.'.",.(.';'.+"$,-.')&2-,.'
1. ' (&?"2.)"62 ' ,&?.2. ' ; ' #*# ' .+*#&# ' $,. ' ;. ' ($1 ' -&(& ' "2B".+1$E ' ]& ' $c"#-K. ' $2 ' $1'
8&,"3&2-$'2"2>*2.'.1-$,2.-"B.'-,.#'1.'($:"2"-"B.'($,,&-.'($'S"-,K(.-$#'i5'.'?.2&#'($'
b&?C$;&<'D.')&1.+&,.)"62'($'1&#'"2-$1$)-*.1$#'($'-.11.')&2'$1'C&($,',&?.2&'#$'8"3&'
).(.'B$3'?H#':,$)*$2-$';'.1>*2&#'#&+,$C.#.,&2'"2)1*#&'$1'2"B$1'($'#"?C1$#')1"$2-$#'
C.,.'.1).23.,'*2.'C&#")"62'?H#'$1$B.(.E')&?&':*$'$1').#&'($1'8"#-&,".(&,'T$6:.2$#'
($'S"-"1$2$E'F*$'#$')&2B",-"6'$2')&2#$I$,&';'.?">&'($1'?$2)"&2.(&'b&?C$;&<'D.#'
.1.+.23.#'($1'"?C$,"&')&2#-"-*;$2'*2'1*>.,')&?J2'($2-,&'($'1.'1"-$,.-*,.'>,"$>.'($'1.'
LC&).< ' D. ' )&?C.,.)"62 ' ($ ' A&?. ' )&2 ' 1&# ' "?C$,"&# ' C,$)$($2-$#E ' "2)1*"(& ' $1 ' ($1'
?"#?K#"?&'01$I.2(,&E'F*$'$1'8"#-&,".(&,'0C".2&'11$B.'.').+&'$2'$1'C,$:.)"&'($'#*'
8"#-&,".E ' ,$#*1-. ' )1.,. ' ; ' )&2-*2($2-$?$2-$ ' :.B&,.+1$ ' . ' 1&# ' "2-$,$#$# ' ,&?.2&#E'
.:",?.2(&'F*$'8.'#*C$,.(&'.'#*#'.2-$)$#&,$#'$2'-&(&'-"C&'($'?L,"-&#<'R"2'$?+.,>&E'
($ ' 1.# ' CH>"2.# ' ($ ' $#-. ' 1"-$,.-*,. ' $?$,>$ ' -.?+"L2E ' . ' B$)$#E ' *2 ' ",,$?$(".+1$'
#$2-"?"$2-&'($'2&#-.1>".'C&,'1.'>,.2($3.'($1'C.#.(&'>,"$>&'F*$'2&'C.,$)$'-$,?"2.,'
($',$#">2.,#$'($1'-&(&'.'C&2$,'#*#'#$%.#'($'"($2-"(.('$2'?.2&#'.I$2.#<'g#.'$#'1.'
B"#"62 ' F*$ ' #$ ' ($#C,$2($ ' ($ ' 1. ' ($#),"C)"62 ' ($ ' b.*#.2".# ' $2 ' #* ' )*,"&#. ' ;'
#&,C,$2($2-$ 'P9F"#+)#P.)*%"E'(&2($'$B&).'B">&,&#.?$2-$'*2.'hL1.($'"?.>"2.,".'
,$)&,,"(. ' -&(.BK. ' C&, ' 1&# ' .2-">*&# ' ("&#$# ' ; ' 8L,&$# ' .*2F*$ ' #*?"(. ' .8&,. ' $2 ' 1.'
($).($2)".';'$1'.+.2(&2&<'D.'C,$&)*C.)"62')&2#-.2-$'C&,'$1'"1*#-,$'C.#.(&'>,"$>&'
)&2#-"-*;$'#"2'(*(.'*2&'($'1&#'$1$?$2-&#'($:"2"-&,"&#'($'1.'"2-$1$)-*.1"(.('>,"$>.'($'

)*!

:"2.1$# ' ($1 ' #">1& ' 55 ' (<a< ' F*$ ' #$ ' 8. ' ($2&?"2.(& ' #$>*2(. ' #&:K#-").< ' R*# ' .*-&,$#'
+*#).+.2'$2'L1'1.'>*K.'?H#'.($)*.(.'C.,.'(">$,",';'#&C&,-.,'1.#'"2#.-"#:.))"&2$#'
C,&B&).(.#'C&,'*2'C,$#$2-$'?*)8&'?$2&#'$#-"?*1.2-$';'C,&?$-$(&,'.'C$#.,'($'1.#'
$B"($2-$#'B$2-.I.#'?.-$,".1$#'F*$',$C&,-.+.'1.'2*$B.'#"-*.)"62'C&1K-").<
!$')*.1F*"$,':&,?.E'$#-&#'#$2-"?"$2-&#'($'2&#-.1>".'#$',$B$1.+.2'.'B$)$#'$2'
*2'-$,,$2&'?*)8&'?H#'C$1">,&#&E')&?&'$,.'1.')$1$+,.)"62'($1'B.1&,'8$,&")&'($'1&#'
$2$?">&#'($'A&?.E'#"?C1$#'+H,+.,&#'F*$'8.+K.2'#.+"(&E'#"2'$?+.,>&E',$#"#-",')&2'
$2-$,$3. ' ; ' -$2.)"(.( ' $1 ' "?C.,.+1$ ' $?C*I$ ' ($ ' #*# ' 1$>"&2$#< ' 4# ' )"$,-& ' F*$ ' 1.'
?.>2":").)"62'($1'$2$?">&'I*$>.').#"'#"$?C,$'.':.B&,'($1'.(B$,#.,"&'B$2)$(&,E'F*$'
,$#*1-.'($'$#-.':&,?.'?*)8&'?H#'B.1&,.(&E'C$,&'$2'.1>*2&#'C.#.I$#'($'1.'&+,.'($'
0C".2&'.C.,$)$2E'C&,'$I$?C1&E'1$B$#'C$,&'"22$>.+1$#'"2(")"&#'($'*2'-"C&'($'"2-$2)"62'
?*; ' (":$,$2-$< ' b&(,K.2 ' .C*2-., ' $2 ' $#-. ' (",$))"62 ' $1 ' $#)*$-& ' C$,& ' #">2":").-"B&'
)&?$2-.,"& ' F*$ ' 1$ ' ?$,$)$2 ' 1&# ' .>*$,,"(&# ' )&?+.-"$2-$# ' ($ ' ]*?.2)".E ' -$?"+1$#'
"2)1*#&'$2'$1'?&?$2-& '($ '#* ',$2(")"62 ':"2.1 '.2-$ 'A&?.E'1.'"?.>$2':.B&,.+1$'($1'
"2).2#.+1$'i",".-&E'#&?$-"(&'J2").?$2-$'?$(".2-$'$1'#&+&,2&'($'#*#')&1.+&,.(&,$#'
"2?$(".-&#E'&'1.'#">2":").-"B.'.1*#"62'.'1.'.))"62'#*")"(.'($'1&#'+.2("(&#'#$($-.2&#'
F*$'C,$:","$,&2'8*2(",'1.#'+.,).#'F*$'1$#'-,.#1.(.+.2'.'5-.1".'.2-$#'F*$'B"B",'+.I&'1.'
$#)1.B"-*(<'4#')"$,-.?$2-$')*,"&#&'F*$'#$.'C,$)"#.?$2-$'-.?+"L2'0C".2&'$1'.*-&,'
F*$'2&#'C$,?"-$',$)*C$,.,E'.*2F*$'($':&,?.'"2(",$)-.';'#$#>.(.E'.1>*2&#'($'1&#'
)&?$2-.,"&# ' ($#:.B&,.+1$# ' . ' A&?. ' C,&)$($2-$# ' ($ ' 1&# ' 8"#-&,".(&,$# ' 8$1$2K#-")&#'
C.,-"(.,"&# ' ($ ' 1.# ' ?&2.,F*K.# ' ,"B.1$#< ' D. ' 1"-$,.-*,. ' ; ' 1. ' C,&C.>.2(. ' ($ ' ).,H)-$,'
.2-",,&?.2&'8.2'($I.(&'16>").?$2-$'?*;'$#).#.#'?*$#-,.# '$2'2*$#-,.'-,.(")"62<'
R"2'$?+.,>&'-&(.BK.')&1$.2'($#C$,(">.(&#'C&,'$11.'.1>*2&#'$)&#'($'1.'?"#?.E')&?&'
1. ' C&1L?"). ' $c"#-$2-$ ' .)$,). ' ($ ' 1.# ' C&#"+"1"(.($# ' F*$ ' 8.+,K. ' -$2"(& ' A&?. ' ($'
8.+$,#$'$2:,$2-.(&'.'01$I.2(,&E'F*$'T"-&'D"B"&'#$'B$'&+1">.(&'.',$:*-.,'($'?.2$,.'
)&2-*2($2-$E'&'1.#'8"#-&,".#'F*$'($+$')&?+.-",'!"&2"#"&'($'h.1").,2.#&'.)$,).'($'1&#'
&,K>$2$#'$#C*,"&#'($'A&?.<'0'B$)$#'"2)1*#&'2&#'11$>.2'.1>&'?H#'F*$'1&#'$)&#E'.'
-,.BL#'($'1.'$2L,>").',$#C*$#-.'($'#*#'.C.#"&2.(&#'.C&1&>"#-.#<'D.#'),K-").#'.'1.'
(&?"2.)"62',&?.2.'F*$'.C.,$)$2'$2'$1'8"#-&,".(&,''($'&,">$2'>.1&'T,&>&'b&?C$;&E'
F*$')&2&)$?&#'.'-,.BL#'($1',$#*?$2'8$)8&'C&,'7*#-"2&'$2'$1'#">1&'555'(<aE'&'C"$3.#'
-.2'$?+1$?H-").#')&?&'1.':.?&#.').,-.'($'S"-,K(.-$#'F*$'.C.,$)K.',$)&>"(.'$2'1.#'
G%/('.%"/'($'R.1*#-"&'C$,-$2$)$2'$2'#*'&,">$2'.'$#-$'-"C&'($'?.-$,".1$#E'.1'">*.1'F*$'
.1>*2&# ' ,$#"(*&# ' ?.,>"2.1$# ' #.1"(&# ' ($ ' 1. ' 1"-$,.-*,. ' &,.)*1., ' )&?& ' $1 ' &,H)*1& ' ($'
h"#-.#C$#'&'$1'1"+,&'-$,)$,&'($'1&#'&,H)*1&#'#"+"1"2&#<
]& ' C*$($ ' 8.+1.,#$ ' )"$,-.?$2-$ ' ($ ' *2. ' &C&#")"62 ' :,&2-.1 ' . ' 1. ' (&?"2.)"62'
,&?.2. ' $2 ' 2"2>*2& ' ($ ' 1&# ' .*-&,$# ' >,"$>&# ' F*$ ' $#),"+"$,&2 ' (*,.2-$ ' $1 ' C$,K&(&'
"?C$,".1E';'$2'1.'?.;&,K.'($'1&#').#&#'2"'#"F*"$,.'C&($?&#'$2)&2-,.,1.'$2?.#).,.(.'
$2 ' 1. ' ?$-H:&,. ' ; ' ($?H# ' .,-":")"&# ' 1"-$,.,"&#< ' b,H)-").?$2-$ ' -&(&# ' ,$)&2&)K.2 ' 1&#'
?L,"-&#'($'A&?.';'$,.2'.($?H#',$)$C-&,$#'(",$)-&#'($'1&#'+$2$:")"&#'($1'"?C$,"&<'
R$>*,.?$2-$'2&').+$'8.+1.,'($'8"C&),$#K.'"2-$,$#.(.'&'($'#"?C1$'.(*1.)"62<'D&#'
$1&>"&#'($'1.'>,.2($3.',&?.2.'#&2'C,&+.+1$?$2-$'#"2)$,&#';',$:1$I.2'$2'*2&#').#&#'
$1'.>,.($)"?"$2-&'C&,'1.'2&-.+1$'?$I&,.'F*$'8.+K.2'$cC$,"?$2-.(&'C&,'(&F*"$,'1.#'
C,$).,".#')&2(")"&2$#'($'B"(.'($'-"$?C&#'.2-$,"&,$#';'$2'&-,&#')&2#-"-*;$2'1.'#"?C1$'
$cC,$#"62 ' ($ ' F*"$2$# ' #$ ' #"$2-$2 ' C1$2.?$2-$ ' "($2-":").(&# ' )&2 ' -.1$# ' 1&>,&# ' C&,'
)&2#"($,.,#$';.')&?&'*2',&?.2&'?H#<']&'C*$($2'#$C.,.,#$')&2':.)"1"(.(';'2"-"($3'
1.#').,,$,.#'CJ+1").#E'F*$'$,.2';. ').#"'J2").?$2-$',&?.2.#E'($'1&#'#$2-"?"$2-&#'
C,"B.(&#'F*$'C&(K.2'=&'2&@'F*$(.,'-&(.BK.',$1$>.(&#'($2-,&'($1'*2"B$,#&'?$2-.1';'
.:$)-"B&'>,"$>&<'D.'("#-"2)"62'$2-,$'>,"$>&';',&?.2&'$2'1.',$.1"(.('($1'"?C$,"&'$,.'

)*"

?*)8&'?H#':1*"(.';'("2H?").'($'1&'F*$'($I.2'"?.>"2.,'-.1$#'$-"F*$-.#<'0,,".2&'$,.'$2'
-L,?"2&# ' 1"-$,.,"&# ' *2 ' >,"$>&E ' C$,& ' #* ' 2&?+,$E ' D*)".2*# ' M1.B"*# ' 0,,".2*#E ' ; ' #*'
C&#")"62')&?&')62#*1'#*:$)-&';')&?&'>&+$,2.(&,'($'a.C.(&)".'.C*2-.2')1.,.?$2-$'
8.)".'#*'"($2-"(.(',&?.2.<'!$'1.'?"#?.':&,?.').+$',$)&,(.,'-.?+"L2'$1'#">2":").-"B&'
$I$?C1&'($'41".2&E'.*-&,'($'.1>*2.#'$,*("-.#';'8$-$,&>L2$.#'&+,.#'$2'>,"$>&')&?&'
1.# 'G%/('.%"/#5%/*)&?2)"/' & 'R'$.)#&"#2"(9."&)N"#+)#&'/#"2%5"&)/E'F*$'#$'I.)-.+.'.1'
C.,$)$,'($'2&'8.+$,'.+.2(&2.(&'2*2).'5-.1".'$2'$1')*,#&'($'#*'B"(.<'42'#$2-"(&'
&C*$#-&'$#'C,$)"#&'?$2)"&2.,'$1').#&'($1'$?C$,.(&,'S.,)&'0*,$1"&E'F*$'11$B.+.'1.'
-KC").'+.,+.'>,"$>.';'$#),"+"6'#*#')L1$+,$# 'S)+%("*%'2)/' $2'>,"$>&<'a&?&'2&#'8.'
,$)&,(.(& ' ,$)"$2-$?$2-$ ' o8"-?.,#8E '$2 ' *2 ' ?*2(& ' .2-$,"&, ' .1 ' #*,>"?"$2-& '($ ' 1.#'
p2.)"&2.1"(.($#q';'($'1&#'C.#.C&,-$#E'$1'$2-,$),*3.?"$2-&')*1-*,.1',$#*1-.+.'?*)8&'
?H#'#$2)"11&';')&8$,$2-$E';'*2&'C&(K.'#$,'.1'-"$?C&'*2'I*(K&'($'01$I.2(,K.'F*$'#$'
#$2-K.'C&,'">*.1'>,"$>&';',&?.2&< '52)1*#&'C*$($'($)",#$'F*$'1.'?"-":").)"62'($'1.'
N,$)".'1"+,$'($1'C.#.(&'#61&':*$'C&#"+1$'-,.#'1.')&2F*"#-.',&?.2.E';.'F*$'1.'2&)"62'
($'F*$'-&(&'$1'-$,,"-&,"&'>,"$>&'C&(K.')&?C&,-.,'*2.'*2"(.('C&1K-").'#*C$,"&,'.'1.'($'
1&#'$#-.(&#'"2("B"(*.1$#'F*$'1&')&?C&2K.2'#$'C,&(*I&'$2'.F*$11&#'?&?$2-&#<'01':"2';'
.1 ' ).+& ' #61& ' -,.# ' 1. ' ),$.)"62 ' ($ ' 1. ' C,&B"2)". ' ($ '0).;. ' +.I& '0*>*#-& '1&# ' $#-.(&#'
>,"$>&# ' $#-*B"$,&2 ' >&+$,2.(&# ' C&, ' C,"?$,. ' B$3 ' C&, ' *2. ' .(?"2"#-,.)"62 ' J2"). ' ;'
)$2-,.1"3.(.';':*$'(*,.2-$'$1',$"2.(&'($'0(,".2&E')&2'1.'),$.)"62'($1'b.28$1$2"&2E'
)*.2(&',$#*1-6'2$)$#.,"&'($:"2",')&2'C,$)"#"62'1&#'),"-$,"&#'($'8$1$2"(.('F*$'(.+.2'
.))$#&'.'1&#'+$2$:")"&#'F*$'($C.,.+.'1.'C$,-$2$2)". '.'(")8.'"2#-"-*)"62<'!$'$#-.'
:&,?. ' $1 ' 8$1$2"#?& ' ($1 ' "?C$,"& ' ,&?.2& ' )&2-"2*6E ' )&2 ' $1$B.(.# ' (&#"# ' ($'
.?+"B.1$2)".';'.?+">l$(.(E')&?&'$2'1&#'(K.#'($'1.'A$CJ+1").E'#"$2(&'$#$'-$,,$2&'
).?+".2-$'$2'$1'F*$'1.#'"($2-"(.($#'#$'),$.+.2E'"2B$2-.+.2E'($+.-K.2E'2$>.+.2'&'
,$.:",?.+.2'($'?.2$,.'"2)$#.2-$';')&2-"2*.(.<'k*"3H'1.'(":$,$2)".':*2(.?$2-.1')&2'
$1'C$,K&(&'C,$)$($2-$'$#'F*$'.'$#-$'?.,)&')&2)$C-*.1'$'"?.>"2.,"&'#$'8.+K.2E'C&,'
:"2E'#*?.(&'1.#'(&#'C.,-$#'#*C*$#-.?$2-$'$2'1"-">"&/'>,"$>&#';',&?.2&#<

)*#

?,-8")#43$@-ABCD3$-5-(")$&)'%3$

-&'>%?)%&'(')*+',"%#,*+

D.',$1.)"62'($1'?*2(&'>,"$>&')&2'1.')*1-*,.'I*(.").'#$',$?&2-.'C&#"+1$?$2-$'
.'1&#'C,"?$,&#'-"$?C&#'($'#*#',$#C$)-"B.#'8"#-&,".#')*.2(&'.'1&'1.,>&'($1'#$>*2(&'
?"1$2"& ' 1&# ' 2.B$>.2-$# ' ?")L2")&# ' .,,"+.+.2 ' )&2 ' )"$,-. ' .#"(*"(.( ' . ' 1.# ' )&#-.#'
C.1$#-"2.#<'R$>*,.?$2-$E'I*(K&#';'>,"$>&#')&?C.,-"$,&2').?C.%.#'.)-*.2(&')&?&'
?$,)$2.,"&#'.1'#$,B")"&'($'?&2.,).#'+.+"1&2"&#E'$>"C)"&#';'C$,#.#'.'1&'1.,>&'($'1&#'
#">1&#'i55';'i5'.<a<E'-.1';')&?&'8.'F*$(.(&',$:1$I.(&'$2'1&#'>,.::"-"'($'1&#')&1&#&#'($'
0+*mR"?+$1E'(&2($'I*2-&'.'1.#'"2#),"C)"&2$#'$2'>,"$>&'.C.,$)$2'-.?+"L2'-$c-&#'$2'
.,.?$& ' F*$ ' ,$B$1.2 ' 1. ' C,$#$2)". ' I*(K. ' $2 ' 1. ' F*$ ' #$ ' 8. ' ($2&?"2.(& ' p1$>"62'
$c-,.2I$,.q'($1':.,.62'$>"C)"&'b#.?L-")&<'R$'8.'#*>$,"(&'"2)1*#&'1.'C&#"+"1"(.('($'
F*$ ' $c"#-"$,. ' *2 ' $#-.+1$)"?"$2-& ' ?"1"-., ' ($ ' ?$,)$2.,"&# ' >,"$>&# ' F*$ ' .)-*.+.2 ' .1'
#$,B")"& ' ($1 ' ,$; ' ($ ' 7*($. ' .1 ' 2&,-$ ' ($ ' 1. ' ).C"-.1 ' :"1"#-$. ' 0#(&(E ' (&2($ ' #$ ' 8.'
$2)&2-,.(&'-.?+"L2E'C&,')"$,-&E'*2.'>,.2').2-"(.('($')$,H?").'H-").'($':"2.1$#'($1'i5'
;')&?"$23&#'($1'i'.<a<'R"2'$?+.,>&E'.'C$#.,'($'$#-&#')&2-.)-&#E'1.',$.1"(.('$#'F*$'
.?+.#')*1-*,.#'C.,$)$2'8.+$,#$'">2&,.(&'?*-*.?$2-$'8.#-.'1.'LC&).'8$1$2K#-").E'
)*.2(&'1.#')&2F*"#-.#'($'01$I.2(,& '"2-$>,.,&2'$1'-$,,"-&,"&'I*(K&'($2-,&'($1'2*$B&'
"?C$,"&'?.)$(&2"&<'D&#'I*(K&#';'#*')*1-*,.'2&'.C.,$)$2'?$2)"&2.(&#'$2'1.#':*$2-$#'
>,"$>.#'.2-$,"&,$#'.'$#-$'C$,K&(&'.'C$#.,'($'1&#'B.2&#'"2-$2-&#'($'$2)&2-,.,'(")8.#'
,$:$,$2)".#'C&,'C.,-$'($'.*-&,$#'I*(K&#'($'1.'02-">l$(.(')&?&'M1.B"&'7&#$:&'$2'$1'
#">1&'5'(<a<'&'($'.1>*2&#'$#-*("&#&#'?&($,2&#'?H#',$)"$2-$#E')*;.#'($#$#C$,.(.#'
C$#F*"#.#'$2'$#-$'-$,,$2&'8.2'.+&).(&'$2'$1'?H#',&-*2(&'($'1&#':,.).#&#<'!$#($'$1'
1.(&'I*(K&E'1.#'C$,#C$)-"B.#'2&',$#*1-.2'?*)8&'?H#'C,&?$-$(&,.#<'4#')"$,-&'F*$'$2'
1.'\"+1".'.C.,$)$2'($#C$,(">.(.#'.1>*2.#'B.>.#',$:$,$2)".#'.'1.'$c"#-$2)".'($'*2'
C*$+1&'.1'F*$'1&#'I*(K&#E')&?&'1&#'($?H#'C*$+1&#'&,"$2-.1$#E'($2&?"2.+.2 'T"M"2#
=I&2"&@E ' F*$ ' C.,$)$ ' 8.+$, ' $2>1&+.(& ' ($ ' ?.2$,. ' >$2L,"). ' . ' 1&# ' >,"$>&# ' ($ ' 1.#'
,$>"&2$# ' ?H# ' &,"$2-.1$#E ' ($#($ ' 1.# ' "#1.# ' ($ ' a8"C,$ ' ; ' A&(.# ' 8.#-. ' 1.# ' 3&2.#'
?$,"("&2.1$# ' ($ ' 0#". ' S$2&, ' )&?& ' T.,#& ' $2 ' a"1")".< ' R$ ' .1*(K. ' )&2 ' $11.# ' . ' 1&#'
)&?$,)".2-$#'($'(":$,$2-$#'C,&)$($2)".#'F*$':,$)*$2-.+.2'1.#')&#-.#'C.1$#-"2.#'#"2'
?.;&,'C,$)"#"62'&'.'1&#')&?+.-"$2-$#'F*$'-&?.,&2'C.,-$'$2'1.#').?C.%.#'($'1&#'

)*$

C,"2)"C.1$#'?&2.,).#'&,"$2-.1$#'($'1.'LC&).'&'#$'$2:,$2-.,&2'.'$11&#'$2'("B$,#.#'
,.3".#'$2'+*#).'($'+&-K2<
N,"$>&# ' ; ' I*(K&# ' :&,?.+.2 ' C.,-$ ' ($ ' (&# ' )*1-*,.# ' ?*; ' (":$,$2-$#< ' 41 ' :$,&3'
$c)1*#"B"#?& ' ,$1">"&#& ' ($ ' 1&# ' I*(K&#E ' F*$ ' )&2 ' $1 ' C.#& ' ($1 ' -"$?C& ' )*1?"26 ' $2 ' 1.'
),$.)"62 ' ($ ' *2. ' B$,(.($,. ' -$&),.)". ' (*,.2-$ ' 1. ' (&?"2.)"62 ' C$,#.E ' )&2-,.#-.+.'
.+"$,-.?$2-$ ' )&2 ' 1. ' ?.;&, ' .C$,-*,. ' ($ ' 8&,"3&2-$# ' ($ ' 1. ' )*1-*,. ' >,"$>.E ' #"$?C,$'
("#C*$#-.'.',$)&2&)$,'$2'$1'$c-$,"&,')*.1F*"$,'2*$B.'("B"2"(.('#"'#*'C&-$2)".1'&'#*#'
.-,"+*-&# ' 1$# ' ,$#*1-.+.2 ' 1& ' #*:")"$2-$?$2-$ ' :.?"1".,$# ' & ' 2$)$#.,"&#< ' D. ' C,&C".'
$c"#-$2)".'($'*2'1"+,&'#.>,.(&E')&?&'$,.'1.'\"+1".E',$B$1.'$1').,H)-$,'(&>?H-")&'($'1.'
,$1">"62 ' 8$+,$. ' $2 ' )&2-,.C&#")"62 ' .1 ' ?*2(& ' ,$1">"&#& ' >,"$>&E ' F*$ ' ).,$)K. ' C&,'
)&?C1$-&'($'$#-.')1.#$'($'"2#-,*?$2-&#'2&,?.-"B&#'C.,.'(":*?"2.,#$'$2'*2.'#$,"$'($'
C,H)-").# ' ,"-*.1$# ' ("B$,#.#E ' B"2)*1.(.# ' . ' *2&# ' ,$1.-&# ' ?K-")&# ' F*$ ' )&2-.+.2 ' )&2'
2*?$,&#.# ' B.,".2-$# ' 1&).1$#< ' D. ' C,$C&2($,.2)". ' ($1 ' -$c-& ' ($ ' h&?$,& ' $2-,$ ' 1&#'
>,"$>&#E'F*$'.1>*2&#'8.2'#$%.1.(&')&?&'C.,.1$1"#?&')&2'1.'\"+1".E'2&'.1).236'1.'
8$>$?&2K. ' )*1-*,.1 ' F*$ ' #$ ' 1$ ' .-,"+*;$ ' 8.#-. ' 1. ' LC&). ' 8$1$2K#-").E ' )*.2(& ' ;. ' 1.'
C,H)-").'($'1.',$1">"62'&1K?C").'$?C$3.+.'.'C$,($,'C$#&'($2-,&'($'1.'B"(.'>,"$>.'
:,$2-$'.1'.1*B"62'($'2*$B.#'),$$2)".#<'41'),$(&';'1.'C,H)-").',$1">"&#.'I*(.")&#'-$2K.2E'
.($?H#E ' $#-,$)8.# ' "?C1").)"&2$# ' ?&,.1$# ' $2 ' 1. ' )&2(*)-. ' (".,". ' ($ ' #*# ' >$2-$#E'
$#-.+1$)"$2(&'*2.'#$,"$'($'-.+J$#';'$#-,")-&#'*#&#',"-*.1$#E')&?&'1.'2&'"2>$#-"62'($'
($-$,?"2.(&'-"C&'($'.1"?$2-&#'&'$1'$#),*C*1&#&'_F*$'#$')&2B$,-K.'$2'#*")"(.'$2'$1'
).#&'($'*2'.#$("&_',$#C$-&'($1'/"$$"(<
b.,.'1&#'>,"$>&#E'$2').?+"&E'1.',$1">"62'$,.'*2.':&,?.'($'"2-$>,.)"62'C&1K-").';'
#&)".1'($'1&#'"2("B"(*&#'($2-,&'($'1.')&?*2"(.('?H#'F*$'*2').-H1&>&'($'C,$)$C-&#'
"2)*$#-"&2.+1$#'F*$'($+K.2'>*".,'1.'B"(.')&-"(".2.'$2'-&(&#'#*#'.#C$)-&#<'T.?C&)&'
$c"#-K.'2"2>J2'-"C&'($')1$,&'C,&:$#"&2.1'$#-.+1$)"(&')&?&'>*.,(".2$#'$'"2-L,C,$-$#'
.*-&,"3.(&# ' ($ ' 1.# ' 8"#-&,".# ' ,$1.-"B.# ' . ' 1&# ' ("&#$# ' & ' )&?& ' ?.$#-,&# ' &:")".1$# ' ($'
(&)-,"2. ' ; ' ?&,.1"(.(< ' D&# ' #.)$,(&-$# ' >,"$>&#E ' .11K ' (&2($ ' $c"#-K.2E ' $,.2 ' ).,>&#'
($#-.).(&# ' ($ ' 1. ' )&?*2"(.(E ' $2).,>.(&# ' C&, 'L#-. ' C.,. ' 11$B.,' . ').+& '1&# ' ,"-&# ' ;'
)$,$?&2".#'.($)*.(&#'F*$'?.,).+.2'1.#'C.*-.#'($'#*',$1.)"62')&2'1.'("B"2"(.('D.'
$2#$%.23. ' (&)-,"2.1 ' ; ' 1. ' "2#-,*))"62 ' ?&,.1 ' 2& ' :">*,.+.2 ' #"2 ' $?+.,>&E ' $2-,$ ' #*#'
)&?C$-$2)".# ' ,$)&2&)"(.#< ' ]& ' 8.+K.E ' C&, ' -.2-&E ' $2 ' $1 ' ?*2(& ' >,"$>& ' 2.(. ' 2"'
,$?&-.?$2-$'C.,$)"(&'.'*2.'5>1$#".'F*$'"?C,"?"$,.'#&+,$'#*#':"$1$#'*2.#'(",$)-,")$#'
($')&?C&,-.?"$2-&'$2'-&(&#'1&#'.#C$)-&#'($'1.'B"(.<'41'.:H2'($'C,&#$1"-"#?&'I*(.")&E'
F*$ ' )&2-"2*.,K. ' ($#C*L# ' )&2 ' $1 ' ),"#-".2"#?&E ' -.?C&)& ' $,. ' )&?C.,-"(& ' C&, ' 1&#'
>,"$>&#E ' "2("#C*$#-&# ' $2 ' C,"2)"C"& ' .1 ' ($+.-$ ' ; ' 1. ' )&2:,&2-.)"62 ' "2-$1$-*.1 ' )&2 ' 1.'
#.+"(*,K.'.I$2.'&'.'?&#-,.,'#*'?H#')&?C1$-.'"2(":$,$2)".'8.)".'1&'F*$'1$#',$#*1-.+.'
"2"2-$1">"+1$ ' ($2-,& ' ($ ' #*# ' C,&C"&# ' C.,H?$-,&#< ' D. ' +.,,$,. ' 1"2>lK#-"). ' ($#$?C$%6'
-.?+"L2'#*'C.C$1E'#"'-$2$?&#'$2')*$2-.'$1').,H)-$,'+"1"2>l$'($'1&#'I*(K&#E').C.)$#'
($ ' $2-$2($,#$ ' $2 ' .,.?$&E '&" # &%2B9" # A."2*"' ($ ' -&(& ' $1 ' b,6c"?& ' e,"$2-$E ' )&2 ' 1&#'
,$#-.2-$#'C*$+1&#'($'#*'$2-&,2&E'C$,&'2&')&2'1&#'>,"$>&#E'F*$':*$,&2').#"'#"$?C,$'
?&2&1"2>l$#',$).1)"-,.2-$#<'a&2'1.'("H#C&,.E'1.#')&#.#').?+".,&2'($':&,?.'2&-.+1$'
C.,.'1&#'I*(K&#E'F*$'*-"1"3.,&2').(.'B$3'?H#'$1'>,"$>&')&?&'1$2>*.'C,&C".E'C$,&'2&'
.#K' C.,. ' 1&# ' >,"$>&#E 'F*$ ')&2-"2*.,&2 ' )&2 ' #* '&1K?C"). ' ">2&,.2)". ' ($ ' 1.# ' 1$2>*.#'
.I$2.#'8.#-.'$1'C*2-&'($'F*$'2&'-$2$?&#'2&-")".'($'2"2>J2'>,"$>&'F*$')&2&)"$,.'$1'
8$+,$&'&'1.#'1$2>*.#'&,"$2-.1$#')&2'$1'2"B$1'#*:")"$2-$'C.,.'C&($,'1$$,'.1>*2&'($'#*#'
-$c-&#'#.>,.(&#':*2(.?$2-.1$#'$2'#*'1$2>*.'&,">"2.1<
T,.# ' 1.# ' )&2F*"#-.# ' ($ ' 01$I.2(,& ' 1&# ' I*(K&# ' F*$(.,&2E ' $:$)-"B.?$2-$E'
"2-$>,.(&# ' ($2-,& ' ($1 ' "?C$,"& ' >,$)&?.)$(&2"& ' ; ' ($+"$,&2 ' .(.C-.,#$ ' . ' 1. ' 2*$B.'

)*%

#"-*.)"62E ' $2 '1. ' F*$ ' #* ' -$,,"-&,"& '$2-,.+. ' . ' :&,?., ' C.,-$ ' ($ ' *2 ' $#C.)"& ' C&1K-")& ';'
)*1-*,.1 ' (&2($ ' 1. ' 1$2>*. ' ; ' 1. ' )*1-*,. ' >,"$>.# ' $I$,)K.2 ' *2. ' C,$C&2($,.2)". ' ).#"'
.+#&1*-.';'>&3.+.2'.($?H#'($'*2'C,$#-">"&'"2("#)*-"(&'$2-,$'1.#'L1"-$#'(",">$2-$#<'
D&#'$IL,)"-&#'>,$)&?.)$(&2"&#'&)*C.,&2'C&,'($,$)8&'($')&2F*"#-.'$1'C.K#E'(&2($'
8"3&'($'"2?$(".-&'.)-&'($'C,$#$2)".'-&(&'$1'.C.,.-&'C&1K-")&';'.(?"2"#-,.-"B&'($'1&#'
2*$B&#'(&?"2.(&,$#E'8.+"-*.2(&'.#K'.'#*#'8.+"-.2-$#'.'1&#'.#C$)-&#'?H#'B"#"+1$#'($'
$#-. ' 2*$B. ' )*1-*,.< ' 41 ' "?C.)-& ' ($1 ' 8$1$2"#?& ' #&+,$ ' 1. ' #&)"$(.( ' I*(K. ' :*$'
)&2#"($,.+1$E'.'C$#.,'($'1.#',$#"#-$2)".#'"2-$,2.#'F*$'#*'C.,-")*1.,':&,?.'($'B$,'$1'
?*2(&'&C&2K.'($':&,?.'.*-&?H-").')&2-,.'1.'",,*C)"62'($')*.1F*"$,')*1-*,.'.I$2.<'
D.# ' )1.#$# ' (",">$2-$# ' I*(K.# ' $2 ' #$>*"(. ' )&?$23.,&2 ' . ' C$,)"+", ' 1.# ' B$2-.I.# ' F*$'
C&(K.',$C&,-.,1$# '1.'8$1$2"3.)"62E '.*2F*$ ':*$,. '?$,.?$2-$'$2'$1 '-$,,$2&'C&1K-")&E'
(.(&'F*$'($'$#-.':&,?.'C&(K.2'#$>*",')&2#$,B.2(&'#*#'C,"B"1$>"&#'.2)$#-,.1$#'+.I&'
$1'2*$B&',L>"?$2<'b$,&'#$>*,.?$2-$'$2)&2-,.,&2'-.?+"L2'&-,.')1.#$'($'.-,.)-"B&#E'
)&?& ' $1 ' >"?2.#"& ' ; ' $1 ' -$.-,&E ' F*$ ' ($+"$,&2 ' ($ ' .1).23., ' $2 ' #$>*"(. ' *2. ' )"$,-.'
,$C$,)*#"62E ' .1 ' ?$2&# ' . ' I*3>., ' C&, ' .1>*2&# ' -$#-"?&2"&# ' #">2":").-"B&# ' )&?& ' 1.'
)&?C&#")"62'($'*2.'-,.>$(".'C&,'*2'.*-&,'I*(K&'11.?.(&'43$F*"$1E'($'1.'F*$'2&#'8.2'
11$>.(&'.1>*2&#',$#-&#E'&'C&,'$1'C,"B"1$>"&'($1'F*$E'.1'C.,$)$,'>&3.+.2'-&(.BK.'1&#'
I*(K&#'($'S"1$-&'$2'C1$2.'LC&).',&?.2.'($'-$2$,'1*>.,$#',$#$,B.(&#'$2'$1'-$.-,&'($'
1.')"*(.(<
41'>,"$>&'#$'$2#$%.+.'$2'1.#'$#)*$1.#';'1&#'2&?+,$#'>,"$>&#'#$')&2B",-"$,&2'
$2'?&2$(.')&?J2'C&,'-&(&'$1'C.K#E'F*$'B"&'-,.2#:&,?.,#$'.'1&#'7&#*.#'$2'7.#62'&'
#$'8.+"-*6'.'$2)&2-,.,'2&?+,$#')&?&'$1'($'S$2$1.&'&'02-K>&2&'.C1").(&#'.'*2&'($'
1&# ' #*?&# ' #.)$,(&-$# ' & ' . ' *2& ' ($ ' 1&# ' ?H# ' C&C*1.,$# ' ,.+"2&#< ' ]*?$,&#.#'
"2#),"C)"&2$#'($').,H)-$,':*2$,.,"&';'?*)8.#'&-,.#'C,&)$($2-$#'($'1&#')$2-,&#'($'
)*1-&E'1.#'#"2.>&>.#E'$#-*B"$,&2',$(.)-.(.#'$2'>,"$>&'.1'?$2&#'8.#-.'*2.'LC&).'-.2'
-.,(K.')&?&'$1'#">1&'i5'(<a<'h*+&'"2)1*#&'"2-$2-&#'($'-,.2#:&,?.,'1.')"*(.('-$?C1&'($'
7$,*#.1L2'$2'*2.'C&1"#'>,"$>.';'$#-.+1$)$,'.11K'#*')&,,$#C&2("$2-$'>"?2.#"&'$2'1.'
C,"?$,.'?"-.('($1'#">1&'55'.<a<'0'C$#.,'($'F*$'$#-.#'J1-"?.#'?$("(.#'>$2$,.,&2'*2.'
B"&1$2-.',$.))"62'F*$'),"#-.1"36'$2'1.':.?&#.',$+$1"62'($'1&#'?.).+$&#E')&2#"($,.(.'
)&?&'$1'C.,.(">?.'($'1.',$.))"62'.2-"8$1L2").E'C.,$)$'F*$'$1'C,"2)"C.1'($-&2.2-$'($'
1. ' #"-*.)"62 ' :*$,&2 ' 1.# ' C*>2.# ' C&1K-").# ' $2 ' $1 ' "2-$,"&, ' ($ ' 1. ' )1.#$ ' (",">$2-$ ' I*(K.E'
.1>*2&# ' ($ ' )*;&# ' ?"$?+,&# ' *-"1"3.,&2 ' )&?& ' ?&-"B& ' C,&C.>.2(K#-")& ' $1 ' ).,H)-$,'
#.),"1$>&'($'-.1$#'?$("(.#'C.,.')&2-,.,,$#-.,'$1'.C&;&'($1',$;'#$1L*)"(.'02-K&)&'5i'.'
#*#'.(B$,#.,"&#<'41'8$1$2"#?&E')&?&'8.',$)&,(.(&',$)"$2-$?$2-$'4,")8'N,*$2E'2&'
)&2#-"-*K. ' $2-&2)$# ' *2. ' ).-$>&,K. ' $c)1*;$2-$ ' :,$2-$ ' .1 ' I*(."#?&E ' ;. ' F*$ ' 1.'
.(.C-.)"62';'.#"?"1.)"62'($'*2.'C.,-$'($'1.')*1-*,.'"?C$,.2-$'$2'$1'?*2(&'$2'$#&#'
?&?$2-&# ' C.,$)K. ' *2 ' 8$)8& ' "2$B"-.+1$ ' ($ ' -&(& ' C*2-& ' "2)1*#& ' $2 ' 1&# ' )&2-$c-&#'
I*(.")&# ' ?H# ' "2-,.2#">$2-$#< ' \.#-$ ' ,$)&,(., ' . ' $#-$ ' ,$#C$)-& ' F*$ ' 1&# ' C,"2)"C.1$#'
-$c-&#'F*$'2&#'-,.#?"-$2'$#-&#'.)&2-$)"?"$2-&#';'1.'"($&1&>K.'F*$'1&#'"?C*1#6E'$1'
1"+,&'#$>*2(&'($'1&#'?.).+$&#E'.#K')&?&'-&(.'1.'.C&1&>L-").'C,&C.>.2(K#-").'I*(".'
$2':&,?.'($'C,&:$)K.#'*'&,H)*1&#E'$#-H2'$#),"-&#'$2'>,"$>&<'41'C,$)"&'F*$'8.+K.'F*$'
C.>.,'C&,'$#-.'.#"?"1.)"62')&2#-"-*K.'#$>*,.?$2-$'$1'C,"2)"C.1'?&-"B&'($'($+.-$';'1.'
).*#.'($'$2:,$2-.?"$2-&'$2-,$'F*"$2$#'($:$2(K.2'*2.'*'&-,.'C&#-*,.<
41'+.1.2)$':"2.1'2&',$#*1-.E'#"2'$?+.,>&E'($?.#".(&':.B&,.+1$'.1'8$1$2"#?&'#"'
.-$2($?&# ' . ' 1. ' ),$)"$2-$ ' "?C&,-.2)". ' F*$ ' .(F*","$,&2 ' $2 ' 1&# ' ?$("&# ' I*(K&# ' (&#'
:*$,3.# ' )&?C1$-.?$2-$ ' .2-"-L-").# ' . ' #*# ' B.1&,$# ' :*2(.?$2-.1$#E ' )&?& ' 1.'
.C&).1KC-"). ' ; ' $1 ' :.,"#$K#?&< ' D. ' C,"?$,. ' "?C*1#.+. ' 1. ' ),$$2)". ' $2 ' $1 ' ?$#K.#E'
.#&)".(. '.'1.'11$>.(.'($1 ':"2'($1 '?*2(& ';'.'1.',$#*,,$))"62 '($ '1&#'?*$,-&#E';'1.'

)*&

)&2&)$?&#'#&+,$'-&(&'.'-,.BL#'($'1&#')L1$+,$#',&11&#'($1'?.,'S*$,-&E'(&2($ '#$'
($-$)-. ' *2. ' $2&,?$ ' 8&#-"1"(.( ' 8.)". ' 1. ' )1.#$ ' (",">$2-$ ' ($ ' 7$,*#.1L2E ' )&2'
"2($C$2($2)".'($'F*$':*$,.'8$1$2"3.(.'&'2&<'41'#$>*2(&'*-"1"3.+.'1.'#"2.>&>.';'1.'
$#)*$1.'C.,.',$>*1.,'1.'B"(.')&-"(".2.'?$(".2-$'*2.'?*1-"C1")"(.('($'C,$)$C-&#')*;&'
:"2'C,"2)"C.1'$,.'#.2-":").,1.';'F*$'$2')&2I*2-&'#">2":").+.2'*2')1.,&',$)8.3&'($'1.'
)*1-*,. ' >,"$>.< ' R61& ' (&# ' 8"#-&,".(&,$# ' I*(K&# ' C.,$)$2 ' 8.+$, ' #"(& ' B$,(.($,.?$2-$'
8$1$2"3.2-$#E')&?&'$#'$1').#&'($'7.#62'($'a",$2$E'F*$'$#-H'$2'1.'+.#$'($1'1"+,&'
#$>*2(&'($'1&#'?.).+$&#E';'M1.B"&'7&#$:&E'F*$'"2-$2-6'$#),"+",'1.'8"#-&,".'($'1&#'
I*(K&#'.(&C-.2(&'?&($1&#'>,"$>&#<
R"2'$?+.,>&E':*$'$2'$1'$c-$,"&,'($'7*($.E'$2'1.'("H#C&,.E'(&2($'$1'8$1$2"#?&'
"2)"("6 ' )&2 ' ?.;&, ' :*$,3. ' #&+,$ ' 1.# ' )&2:"2"(.($# ' 8$+,$.#E ' (&2($E ' . ' C$#., ' ($ ' #*'
)&8$#"62'"2-$,2.';'1&#'C,"B"1$>"&#'C&1K-")&#'F*$'1$#'C$,?"-K.2'&,>.2"3.,#$'($'?.2$,.'
.*-62&?.',$#C$)-&'.1',$#-&'($'1.'C&+1.)"62E'#$'$2)&2-,.,&2'#*?$,>"(.#'($2-,&'($'*2'
?$("& ' )&?C1$-.?$2-$ ' (&?"2.(& ' C&, ' 1. ' )*1-*,. ' >,"$>.< ' S*)8&# ' I*(K&# ' 8.+K.2'
$?">,.(&'8.)".'$1'$c-$,"&,E'+"$2':&,3.(&#E')&?&'1&#'2*?$,&#&#'C,"#"&2$,&#'($'>*$,,.'
F*$'T&1&?$&'5'11$B6'.'4>"C-&'-,.#'1.'-&?.'($'7$,*#.1L2E'+"$2'($':&,?.'B&1*2-.,".'$2'
+*#).'($ '1.# '&C&,-*2"(.($# 'F*$'&:,$)K.2'1.#'2*$B.#':*2(.)"&2$# '*,+.2.# '$2 '1&#'
2*$B&# ' ,$"2&# ' 8$1$2K#-")&#< ' D. ' B"$I. ' ("H#C&,. ' I*(K.E ' F*$ ' 8.+K. ' .:$)-.(& ' 8.#-.'
$2-&2)$#'.'1.#'3&2.#'?H#'&,"$2-.1$#E'#$'$c-$2("6'.'C.,-",'($'$2-&2)$#'C&,'-&(&'$1'
S$("-$,,H2$&E ' #&+,$ ' -&(& ' . ' 4>"C-& ' ; ' 0#". ' S$2&,E ' (&2($ ' 1&# ' 2*$B&# ' ?&2.,).#'
-,.-.+.2'($')&2#&1"(.,'#*'(&?"2.)"62'?$(".2-$'1.'"?C1.2-.)"62'($')&1&2".#'?"1"-.,$#'
$2 ' 1.# ' F*$ ' 1&# ' #&1(.(&# ' I*("&#E ' F*$ ' >&3.+.2 ' ($ ' *2. ' $c)$1$2-$ ' ,$C*-.)"62E'
($#$?C$%.,&2 ' *2 ' C.C$1 ' ($#-.).(&< ' 01>*2.# ' ($ ' $#-.# ' )&?*2"(.($# ' I*(K.#'
.1).23.,&2 ' *2. ' "?C&,-.2)". ' )&2#"($,.+1$E ' )&?& ' :*$ ' $1 ' ).#& ' ($ ' 1. ' )"*(.( ' ($'
01$I.2(,K.E ' (&2($E ' #" ' 8.)$?&# ' ).#& ' ($ ' 1.# ' )":,.# ' F*$ ' C,&C&,)"&2. ' M1.B"&' 7&#$:&E'
8.+K. ' "2#-.1.(&# ' ?H# ' ($ ' )"$2 ' ?"1 ' I*(K&#E ' F*$ ' 8.+,K.2 ' &)*C.(& ' *2& ' ($ ' 1&# ' )"2)&'
+.,,"&#'$2'1&#'F*$'$#-.+.'("B"("(.'1.')"*(.(<
M*$'C,$)"#.?$2-$'$2'01$I.2(,K.'(&2($'#$'11$B6'.').+&'1.'"2")".-"B.'($'-,.(*)",'
.1'>,"$>&'1&#'1"+,&#'F*$')&?C&2$2'$1'11.?.(&'b$2-.-$*)&'($1'02-">*&'T$#-.?$2-&'.'
)&?"$23&# ' ($1 ' #">1& ' 555 ' .<a< ' !")8. ' -,.(*))"62 ' :*$ ' )&2&)"(. ' )&?& ' 1. 'R)6(9"B%2("#
=#$-$2-.'$2'1.-K2@'.').*#.'($'1.'1$;$2(.'F*$'.-,"+*;$'#*',$.1"3.)"62'.'#$-$2-.';'(&#'
$#-*("&#&#')*"(.(&#.?$2-$'$1$>"(&#'C&,'$1'#*?&'#.)$,(&-$'$2-,$'1&#'#.+"&#'I*(K&#'.'
"2#-.2)".#'($1'?&2.,).'T&1&?$&'55E'F*$'$#-.+.'"2-$,$#.(&'$2'"2)&,C&,.,'.'#*':.?&#.'
+"+1"&-$).'$1'-$c-&':*2(.?$2-.1'($'1.'1$>"#1.)"62'I*(.").<'41'(&)*?$2-&'?H#'.2-">*&'
)&2 ' F*$ ' )&2-.?&# ' C.,. ' )&2&)$, ' 1&# ' ($-.11$# ' ; ' 1.# ' )",)*2#-.2)".# ' ($ ' -.2'
-,.#)$2($2-.1 ' $?C,$#. ' $# ' *2 ' -$c-& ' C,&+1$?H-")& ' F*$ ' 8. ' #*#)"-.(& ' 2*?$,&#.#'
("#)*#"&2$#';'($+.-$#'$2-,$ '1&#'$#-*("&#&#<'R$'-,.-.'($'1.'($2&?"2.(. ',".("#+) #
4.%/()"/#"#U%&;*."()/E'F*$'(.-.'C,&+.+1$?$2-$'($'?$(".(&#'($1'#">1&'55'.<'a<';'$2'1.'
F*$ ' #$ ' 2.,,.2 ' 1.# ' )&2(")"&2$# ' ; ' 1&# ' $#:*$,3&# ' ,$.1"3.(&# ' C.,. ' 11$B., ' . ' ).+& ' 1.'
-,.(*))"62 ' >,"$>. ' ($ ' 1. ' \"+1". ' C&, ' "2")".-"B. ' ($ ' !$?$-,"& ' ($ ' M.1$,&E ' $1 ' :"16#&:&'
C$,"C.-L-")&'.-$2"$2#$'F*$':*$')&2#$I$,&'($1',$;'$'"?C*1#&,'($'1.':*2(.)"62'($'1.'
+"+1"&-$).'($'01$I.2(,K.<'4#'$B"($2-$'F*$'$1'.*-&,'($'1.'?$2)"&2.(.').,-.'.#&)".E'#"2'
($?.#".(&# '$#),JC*1&# ' 8"#-6,")&#E ' 1. ' :">*,. ' ($1 ' ?H# ' >1&,"&#& ' ($ ' 1&# 'T&1&?$&#E ' $1'
#$>*2(&E')&2'$1')L1$+,$'"2#C",.(&,'($'1.'+"+1"&-$).E'.'C$#.,'($'F*$',$#*1-.'"?C&#"+1$'
F*$ ' !$?$-,"&E ' F*$ ' :*$ ' )&2#$I$,& ' ; ' .?">& ' ($ ' T&1&?$& ' 5E ' . ' F*"$2 ' .#$#&,6'
#$>*,.?$2-$'.'$#-$',$#C$)-&E')&2-"2*.#$'#*'1.+&,'+.I&'#*'#*)$#&,E'#&+,$'-&(&'#"'#$'
-"$2$'$2')*$2-.'F*$'1&'?.2(6'.C,$#.,';'.#$#"2.,'.1'"2")"&'($'#*',$"2.(&'C&,'8.+$,'
-&?.(&'C.,-"(&'C&,'$1'8$,$($,&',$.1'$F*"B&).(&<'R"2'$?+.,>&E'T&1&?$&'55'($+"6'($'

)*'

.C,&+.,'1&#'?&-"B&#'$?"2$2-$?$2-$'C,H)-")&#'F*$'"?C*1#.,&2'.'#*'C.(,$'.'.)&?$-$,'
(")8&'C,&;$)-&E')&?&'$,.'$1')&2&)"?"$2-&'($'1.'1$;'I*(.").'F*$',$>K.'#&+,$'*2.'C.,-$'
"?C&,-.2-$ ' ($ ' #*# ' #J+("-&#E ' "2-$>,H2(&1. ' .#K ' ($2-,& ' ($1 ' .C.,.-& ' I*,K(")& ' ; ' 1$>.1'
-&1$?.")&E'F*$';.'8.+K.'$?C,$2("(&'-.?+"L2')&2'$#-.'?"#?.'"2-$2)"62'1.'-,.(*))"62'
.1'>,"$>&'($1'($,$)8&')&2#*$-*("2.,"&'($?6-")&'$>"C)"&<
D. ' -,.(*))"62 ' ($ ' 1. ' \"+1". ' .1 ' >,"$>& ' )*?C1"6 ' -.?+"L2 ' )&2 ' &-,& ' -"C& ' ($'
$cC$)-.-"B.#E')&?&'$,.'1.'2$)$#"(.('($'C,&C&,)"&2.,'.'1&#'I*(K&#'($'1.'("H#C&,.E'F*$'
8.+K.2'&1B"(.(&'8.)K.';.'-"$?C&'$2'+*$2.'?$(".'$1'8$+,$&';'8.+1.+.2').#"'#61&'$2'
>,"$>&E '$1'-$c-&':*2(.?$2-.1 '($ '#*' 1"+,&'#.>,.(&< '41 '&1B"(& 'C,&>,$#"B&' ($1' 8$+,$&'
$2-,$'1.#')&?*2"(.($#'I*(K.#'($'1.'("H#C&,.'8.+K.'8$)8&'2$)$#.,"&'F*$'#$'8")"$,.2'
-,.2#),"C)"&2$# ' .1 ' >,"$>& ' ($1 ' -$c-& ' 8$+,$& ' )&2 ' $1 ' :"2 ' ($ ' F*$ ' .1 ' ?$2&# ' ,$#*1-.,.'
1$>"+1$E'.'C$#.,'($'F*$'1&#'&;$2-$#'#">*"$,.2'#"2'$2-$,.,#$'C,H)-").?$2-$'($'2.(.<'
D. ' "?C$,"&#. ' 2$)$#"(.( ' ($ ' )&2-., ' )&2 ' *2 ' -$c-& ' -,.(*)"(& ' F*$ ' -&(&# ' C*("$,.2'
$2-$2($,'C.,.'#*'1$)-*,.'$2'$1')*1-&'($'1.#'#"2.>&>.#';'C.,.'#*'$#-*("&'C,"B.(&'$,.'
.#K'*2'8$)8&'$B"($2-$<'R"2'$?+.,>&E'2&').+$'.)8.).,'.'$#-.')",)*2#-.2)".'-&(.'1.'
,$#C&2#.+"1"(.('($'1.'($)"#"62'.(&C-.(.< 'b&,'*2'1.(&E '#.+$?&#'($'1.'C,&8"+")"62'
B">$2-$'$2-,$'1&#'I*(K&#'($'C&2$,'C&,'$#),"-&'1.#'-,.(*))"&2$#'&,.1$#'"?C,&B"#.(.#E'.1'
?$2&# ' ($1 ' .,.?$&E ' $c"#-$2-$# ' ($#($ ' .2-">*&E ' ; ' C&, ' &-,&E ' $1 ' 8$)8& ' ($ ' F*$ ' 1.'
)&?C1").(.'$?C,$#.'#$'C,&;$)-.,.';'#$'11$B.,.'.').+&'($':&,?.',$C$2-"2.'C.,$)$'
8.+$,'&+$($)"(&'.'1.'"2")".-"B.',$.1E'F*$')&2I*>.+.'($'$#-$'?&(&'1.')*,"&#"(.('C&,'
1.#'1$>"#1.)"&2$#';'#.+"(*,K.#'$c-,.2I$,.#E'F*$';.'8.+K.'"?C*1#.(&'!$?$-,"&E')&2'$1'
($#$& ' C&1K-")& ' ($ ' )&2-,&1., ' ?$I&, ' *2. ' )&?*2"(.( ' "?C&,-.2-$ ' )&?& ' 1. ' I*(K.E ' C$,&'
,$#C$-.2(&'#*'$#C$)".1'C.,-")*1.,"#?&<'b$,&')&2'"2($C$2($2)".'($'1&#'F*$'C*$(.2'
8.+$,'#"(&'1&#'($#$&#';'C,$B"#"&2$#'($'#*#'C,&?&-&,$#'&,">"2.1$#E'1.'R)6(9"B%2("'#$'
)&2B",-"6 ' $2 ' $1 ' C.-,"?&2"& ' $c)1*#"B& ' ($1 ' C*$+1& ' I*(K& ' F*$ ' 8.+1.+. ' >,"$>&E ' F*$'
("#C&2K. ' . 'C.,-", ' ($ ' $2-&2)$# ' ($ '*2. '?.2$,. ')6?&(. ' ;' .#$F*"+1$ ' ($ ' #* ' 1$>.(&'
#.>,.(& ' :*2(.?$2-.1< ' R$,H2 ' . ' C.,-", ' ($ ' .8&,. ' 1.# ' C,&C".# ' .#C",.)"&2$# ' ;'
2$)$#"(.($#'($')*1-&'($'1.'C,&C".')&?*2"(.('I*(K.'1.#'F*$'C,&C")"$2'$'"?C*1#$2'1.'
-,.(*))"62'($'1&#'1"+,&#',$#-.2-$#'$'"2)1*#&'-,.(*))"&2$#'C&#-$,"&,$# ')&?&'1.#'($'
0F*"1.E'RK??.)&';'T$&(&)"62<
R"2'$?+.,>&E'1.'-,.(*))"62'($'1.'\"+1".'.1'>,"$>&'2&'#">2":")6'$2'?&(&'.1>*2&'
*2 ' .)$,).?"$2-& ' ($ ' 1&# ' >,"$>&# ' . ' 1. ' )*1-*,. ' I*(.").E ' F*$ ' #">*"$,&2 ' ">2&,.2(& ' ($'
:&,?.'2&-&,".'.'C$#.,'($'#*')$,).2K.E'.8&,.'($2-,&'($'1&#'1K?"-$#'($'*2.'?"#?.'
)"*(.( ' )&?& '01$I.2(,K.< ' D. 'R)6(9"B%2("' 2& ' C.,$)$ ' 8.+$, ' )&2-.(& ' )&2 ' ?*)8&#'
1$)-&,$#'>,"$>&#E'.1'?$2&#'.'1&'1.,>&'($'1&#'-,$#'#">1&#'F*$'#">*"$,&2'.'#*',$.1"3.)"62E'
2"'-.?C&)&'C.,$)$'8.+$,'($#C$,-.(&'$1'"2-$,L#'($'1&#'.*-&,$#'>,"$>&#'(*,.2-$'$#-$'
?"#?&'C$,K&(&<'D&#'$#-*("&#&#'($1')L1$+,$'?*#$&';'($'1.':.?&#.'+"+1"&-$).'($'1.'
)"*(.(' 2& 'C.,$)$2' 8.+$,' ?&#-,.(&' >,.2 '"2-$,L# '$2 '$1' )&2&)"?"$2-&' ($ '1. ')*1-*,.'
I*(K.';'#*'?&(&'($'("#)*,#&'C,&:L-")&'-.2').,.)-$,K#-")&<'D.',".("#+)#4.%/()"/E')&2'#*'
($#),"C)"62'C*2-*.1';'($-.11.(.'($'1.#'C,$B"#"&2$#',$.1$#E'$2).?"2.(.#'.')&2#$>*",'
*2 ' -$c-& ' C,$)"#& ' ; ' :*2(.?$2-.(& ' $2 ' 1. ' #.+"(*,K. ' ($ ' 1&# ' -,.(*)-&,$# ' 8$+,$&#E'
.+&>.+.')"$,-.?$2-$'.':.B&,'($'1.'B.1"($3';':"($1"(.('($'1.'-,.(*))"62'($').,.'.'*2'
.*("-&,"&'I*(K&'$c-$,"&,'.1'C,&C"&'4>"C-&E'$1'($'1.'?"#?.'7*($.E'F*$'C&(K.'?",.,')&2'
,$)$1&'-.2'.-,$B"(.'$?C,$#.<'b$,&'.1'?"#?&'-"$?C&E'$#'C,&+.+1$'F*':*$,.'($#-"2.(.'
-.?+"L2'.'*2'.*("-&,"&'>,"$>&')&2'#*',$1.-&'$2':&,?.'($'#"?C&#"&'$2'$1'F*$'$1',$;'
#&?$-$'.'1&#'$#-*("&#&#'I*(K&#'.'-&(&'-"C&'($'C,$>*2-.#'#&+,$')*$#-"&2$#'B"-.1$#E'
)&?&'$1'?$I&,'>&+"$,2&';'1.',$.1$3.E'($1'F*$'#.1$2'+"$2'C.,.(&#')&2B.1"(.2(&'($'
$#-$'?&(&'#*'#.+"(*,K.'C.,-")*1.,<'k*"3H'#$'C,$-$2(K.'#*#)"-.,'($'$#-.':&,?.'$2-,$'1.'

)*(

)&?*2"(.('>,"$>.E'*-"1"3.2(&'C,&)$("?"$2-&#').,.)-$,K#-")&#'($'#*'1"-$,.-*,.')&?&'1.'
)&2:,&2-.)"62'"2-$1$)-*.1E'$1'"2-$,L#'C&,'*2'C,&(*)-&')*1-*,.1';',$1">"&#&'F*$')&2-$2K.'
$2'#*'"2-$,"&,'-&(.'1.'#.+"(*,K.'($1'C*$+1&'I*(K&E'#&+,$'-&(&'.8&,.'F*$'.C.,$)K.';.'
B.1"(.(.';'($#C*L#'($').#"'*2'#">1&'($#C*L#'($'#*'.C.,")"62'$2'>,"$>&'$2'$1'F*$'
.C$2.#'8.+K.2'?&#-,.(&'$1'?$2&,'.C,$)"&'C&,'$11.<
0' C$#., '($ 'F*$ ' 1&# 'I*(K&# '.(F*"$,$2 ';. 'B"(.' C,&C". ' ($2-,& '($ '1. '1"-$,.-*,.'
>,"$>.'.'C.,-",'($':"2.1$#'($1'#">1&'5i'.<a<')&2'&+,.#')&?&'1.'($'h$).-$&'($'0+($,.E'
F*$ ' )&?C*#& ' *2 ' -,.-.(& ' #&+,$ ' 1&# 'I*(K&#E '"2)1*"(& ' F*"3H ' $2 ' #* ' &+,. '?H# ' .?C1".'
#&+,$ ' 4>"C-& ' ($ ' )1.,& ' ).,H)-$, ' C,&C.>.2(K#-")& ' . ' :.B&, ' ($ ' T&1&?$& ' 5E ' $,.2'
C,$#$2-.(&# ' #"$?C,$ ' +.I& ' 1. ' 6C-"). ' ("#-.2-$ ' ($ ' 1. ' $-2&>,.:K. ' *-6C"). ' >,"$>.E ' F*$'
.).+.+.'($'($#)*+,",'.($?H#'1.'.(?",.)"62'C&,'1.#'#.+"(*,K.#'&,"$2-.1$#'($'"2("&#';'
C$,#.#E ' ($ ' 1.# ' F*$ '1&# ' I*(K&# ' )&2#-"-*K.2 '#"?C1$?$2-$ '*2. ' C.,-$ ' ?H#< 'g#$ '$# ' $1'
#$2-"(&'($'1.#'?$2)"&2$#'($'1&#'I*(K&#')&?&':"16#&:&#'F*$'.C.,$)$2'$2'C$,#&2.I$#'
-.2'($#-.).(&#')&?&'1&#'C$,"C.-L-")&#'T$&:,.#-&';'a1$.,)&'($'R&1&#E'#"2'(*(.'1&#'
?H#'"1*#-,$#'-$#-"?&2"&#'F*$'.),$("-.2'$1'$#).#&'"2-$,L#'($'1&#'>,"$>&#'C&,'1.')*1-*,.'
I*(K. ' $2 ' >$2$,.1< ' R61& ' -,.# ' 1. ' )&2B$,#"62 ' .1 ' ),"#-".2"#?& ' ($ ' *2. ' +*$2. ' C.,-$ ' ($1'
?*2(& ' ?$("-$,,H2$&E ' 1. ' -,.(*))"62 ' >,"$>. ' ($ ' 1. ' \"+1". ' .1).236 ' ?H# ' -.,($ ' . ' 1&#'
1$)-&,$# ' >,"$>&#< ' R$,H2 ' 1&# ' C,&C"&# ' .*-&,$# ' I*(K&# ' $#),"+"$2(& ' $2 ' >,"$>& ' 1&# ' F*$'
.C&,-$2'$2'$#-$'-$,,$2&'1&#'>,.2&#'($'.,$2.'?H#'#*#-.2)".1$#'$2'$#-.').?C.%.'($'
(":*#"62<
D. 'R)6(9"B%2("' -*B&'$:$)-"B.?$2-$'"?C&,-.2-$# ',$C$,)*#"&2$#'$2'$1'-$,,$2&'
I*(K&E ' ;. ' F*$ ' #*#)"-6 ' *2. ' ,"). ' 1"-$,.-*,. ' $2 ' >,"$>& ' F*$ ' )&2#-"-*;$ ' *2 ' "?C&,-.2-$'
-$#-"?&2"&'($'1.'B"-.1"(.('($1'I*(."#?&'8$1$2"3.(&<'R",B.2'($'$I$?C1&'1&#'$#),"-&#'
:"1&#6:")&# ' ($ ' 0,"#-6+*1&E ' F*$ ' .C1")6 ' $1 ' ?L-&(& ' .1$>6,")& ' ($ ' 1&# ' >,"$>&# ' . ' 1.'
"2-$,C,$-.)"62'($'1.'\"+1".';'($(")6'.'T&1&?$&'i5'*2.'$cC1").)"62'($'1&#'1"+,&#'($'
S&"#L#E')*;.#'1$))"&2$#'8.+,K.2'"2:1*"(&'($)"#"B.?$2-$'$2':"16#&:&#')&?&'b"-H>&,.#'
; ' b1.-62 ' & ' $2 ' C&$-.# ' )&?& ' h&?$,&E ' h$#K&(&E ' e,:$& ' ; '0,.-&< ' D. ' ($:$2#. ' ($ ' 1.'
#*C,$?.)K.';'B.1"($3'($'1.')*1-*,.'I*(K.E'C,$#$2-.(.'.8&,.'.'1&#'>,"$>&#'$2'*2.')1.,.'
C&#-*,. ' .C&1&>L-"). ' ($1 ' C,&C"& ' 1$>.(& ' )*1-*,.1E ' :*$ ' $?C,$2("(. ' -.?+"L2'
.2-$,"&,?$2-$'C&,'&-,&#'.*-&,$#')&?&'!$?$-,"&E'F*$'"2-$2-6'$#-.+1$)$,'*2.')"$,-.'
C,$)"#"62'),&2&16>").'$2'1.'8"#-&,".'+K+1").E'4*C&1$?&E'F*$'C,$#$2-6'.'S&"#L#')&?&'
$1'C,"?$,'#.+"&'F*$'$2#$%6'$1'.1:.+$-&'.'1&#'I*(K&#E'($'F*"$2$#'1&'.(&C-.,&2'?H#'
-.,($':$2")"&#';'>,"$>&#E';'0,-HC.2&E'F*$')&2B"$,-$'-.?+"L2'.'S&"#L#'$2'$1'C,"?$,'
>,.2'8L,&$')*1-*,.1';'$2'$1'>,.2'+$2$:.)-&,'($'1.'8*?.2"(.(<'D.'?.;&,K.'($'$11&#'
.(&C-.,&2 ' 1.# ' :&,?.# ' 1"-$,.,".# ' C,&C".# ' ($1 ' 8$1$2"#?&E ' )&?& ' 1. ' C&$#K. ' LC").E ' $1'
(,.?.E ' $1 ' ,$1.-& ' 8"#-6,")& ' & ' $1 ' -,.-.(& ' :"1&#6:")&E ' C$,& ' 1.# ' C*#"$,&2 ' .1 ' #$,B")"& ' ($1'
:&,-.1$)"?"$2-&'($1'I*(."#?&'($2-,&'($1'?*2(&')*1-*,.1'$2'$1'F*$'B"BK.2'"2?$,#&#E'
F*$'2&'$,.'&-,&'F*$'$1'($'1.')*1-*,.';'1.'1$2>*.'>,"$>.#<
D. ' 8$1$2"3.)"62 ' I*(K. ' ; ' #* ' "2-$>,.)"62 ' ($2-,& ' ($ ' 1. ' B"(. ' C&1K-"). ' ($1 ' ,$"2&'
-&1$?.")& '2& ' #">2":").,&2E ' #"2 ' $?+.,>&E ' $2 ' 2"2>J2 ' ?&?$2-& ' $1 '.+.2(&2& ' ($ ' #*#'
),$$2)".#',$1">"&#.#';'($'#*#')&#-*?+,$#'#"2>*1.,$#<'R*'$c-,.&,("2.,".'B"-.1"(.('#$'
C&2$'($'?.2":"$#-&'.'-,.BL#'($'1.#'2*?$,&#.#'#"2.>&>.#';'p).#.#'($'1.'C1$>.,".q'
=6.'/)9*'/@ ' $c-$2("(.# ' C&, ' -&(& ' $1 ' C.K#E ' )*;.# ' ($(").-&,".#E ' $#),"-.# ' $2 ' >,"$>&E'
"?C1").2'$1'.C&;&'($1'C&($,',$.1<'0C$2.#'#$',$>"#-,.2'-.?C&)&').#&#'($'.C&#-.#K.E'
#.1B&'.1>*2&#'+"$2')&2&)"(&#E')&?&'$1'($1')L1$+,$'!&#"-$&E'F*$'11$>6'.'#$,'#.)$,(&-$'
($1 ' )*1-& ' . '01$I.2(,& ' ; ' . ' 1&# 'T&1&?$&# ' ("B"2"3.(&#< ' f2. ' +*$2. ' ?*$#-,. ' ($ ' $#-.'
)*,"&#. ' #K2-$#"# ' ($1 ' I*(."#?& ' 8$1$2"3.(& ' ($ '01$I.2(,K. ' $# ' 1. ' :">*,. ' ($#-.).(. '($'
M"162E'.*-&,'$2-,$'&-,.#'&+,.#'($'*2'.?C1"&')&?$2-.,"&'.1$>6,")&'.'1.'1$;'?&#.").'$2'

))*

$1'F*$'C&2$'($'?.2":"$#-&'#*'(&?"2"&'($'1&#')&2)$C-&#'($'1.':"1&#&:K.'>,"$>.E'C$,&'#"2'
F*$ ' $11& ' 1$ ' #*C&2>. ' -,.2#">", ' C.,. ' 2.(. ' #&+,$ ' 1. ' &+#$,B.2)". ' ($ ' 1&# ' C,$)$C-&#'
,"-*.1$#';'I*,K(")&#'C,&C"&#'($1'I*(.K#?&<'].)"(&'.1'"2")"&'($'1.'(&?"2.)"62',&?.2.'
($1 ' C.K# ' . ' :"2.1$# ' ($1 ' #">1& ' 5 ' .<aE ' ; ' ?"$?+,& ' .)-"B& ' ($ ' 1&# ' ?$("&# ' )*1-"B.(&# ' ;'
.("2$,.(&# ' ($ ' 01$I.2(,K.E ' )&2#-"-*;$ ' *2 ' $I$?C1& ' $c)$C)"&2.1E ' C&, ' $1 ' >,.(& ' ($'
)&2&)"?"$2-&'F*$'C&#$$?&#'($'#*'&+,.E'($'1.'"2-$1$)-*.1"(.('I*(K.'($'1.'LC&).'$2'
#*#'"2-$2-&#'C&,'.,?&2"3.,'$1'8$1$2"#?&')*1-*,.1'($1'F*$'C,&B$2K.2';'1.':$'.2)$#-,.1'
($'#*#'&,K>$2$#<'R$>J2'1.':6,?*1.'.)*%.(.'$2'#*'(K.'C&,'$1')L1$+,$').,($2.1':,.2)L#'
!.2"L1&*E'.*-&,'($'*2'$#-*("&'?&2&>,H:")&'#&+,$'$#-$'C$,#&2.I$E'M"162'-,.-6'($'.*2.,'
#*')*1-*,.'8$1$2K#-").E'#*'1$.1-.(',&?.2.';'#*':$'I*(K.<'M"162'$,.'.1'?"#?&'-"$?C&'*2'
("#)KC*1&'($'b1.-62';'($'1&#'11.?.(&#'-$,.C$*-.#'I*(K&#E'*2.')&?*2"(.('($'?&2I$#'
F*$'B"BK.2'.'1.'&,"11.'($1'1.>&'S.,$6-"($<'01.+.+.'1.'-,.(*))"62'($'1&#'R$-$2-.'8.#-.'
$1'C*2-&'($')&2#"($,.,1.'$1',$#*1-.(&'($'*2'($#">2"&'("B"2&<'a&2'#*')&?$2-.,"&'($'1&#'
-$c-&# ' #.>,.(&# ' ($ ' 1&# ' I*(K&# ' C,$-$2(K. ' F*$ ' :*$,.2 ' .)$C-.(&# ' C&, ' 1&# ' C.>.2&#'
)*1-"B.(&#'.1'C,$#$2-.,1&#'($2-,&'($'*2'#"#-$?.'($'"2-$,C,$-.)"62'F*$'1$#',$#*1-.+.'
:.?"1".,';'.))$#"+1$'.'-,.BL#'($'1.'1.,>.'#$,"$'($')&?$2-.,"&#'($'$#-.')1.#$'.C1").(&#'
. ' 1&# ' -$c-&# ' C&L-")&#< ' R* ' &+,. ' )&2#-"-*;$ ' ($ ' $#-$ ' ?&(& ' 1. ' C,"?$,. ' )&2:1*$2)".'
#"#-$?H-").'($'1.',$:1$c"62'($,"B.(.'($'*2'#"#-$?.':"1&#6:")&'C,&:.2&';'($'*2.',$1">"62'
,$B$1.(.<'A$C,$#$2-.E'$2'($:"2"-"B.E'1.'?$3)1.'($'*2.')*1-*,.'-$2($2-$'.'1&'*2"B$,#.1'
)&?&'1.'>,"$>.';'*2.',$1">"62',$B$1.(.'F*$E'C&,'$1')&2-,.,"&E'-$2(K.'.'$#-.+1$)$,'*2'
BK2)*1&'C.,-")*1.,'$2-,$'$1'8&?+,$';'1.'("B"2"(.(E'$2-,$'*2'C*$+1&';'#*'("&#E')&?&'8.'
#$%.1.(&'7$.2'R","2$11"<

-*+',"%#,*+'('#)'$"%+0%&1%+2*

41'),"#-".2"#?&'.C.,$)$'.#&)".(&'.'1.'1$2>*.';'1.')*1-*,.'>,"$>.'($#($'#*#'
"2")"&#E ' #" ' -$2$?&# ' $2 ' )*$2-. ' F*$ ' $1 ' -L,?"2& ' *-"1"3.(& ' C.,. ' ($#">2., ' . ' 1. ' 2*$B.'
,$1">"62E'p),"#-".2&#qE'#$'.)*%6'.'C.,-",'($'*2.'C.1.+,.'>,"$>.E'*-.%/(;/'=p$1'*2>"(&q@'
_.*2F*$'$1'-L,?"2&'>$2$,.1'p),"#-".2"#?&qE'&C*$#-&'.'8$1$2"#?&';'pI*(."#?&qE'$#'
)&?C1$-.?$2-$ ' $c-,.%& ' >,"$>&_E ' ; ' F*$ ' #* ' 1"+,& ' #.>,.(&E ' $1 ' ]*$B& ' T$#-.?$2-&'
=7"%28 # +%"(-87)E ' )*;. ' -,.(*))"62 ' ?H# ' C,$)"#. ' $# ' p2*$B. ' .1".23.q@E ' :*$ ' $#),"-&'
-.?+"L2'$2'>,"$>&<'D.'2*$B.'(&)-,"2.'8"3&'-.?+"L2'#*#'C,"?$,&#'C,&>,$#&#'$2-,$'1&#'
8.+1.2-$# ' >,"$>&# ' ($ ' 1.# ' >,.2($# ' )"*(.($# ' ($1 ' S$("-$,,H2$& ' &,"$2-.1E ' )&?&'
02-"&F*".E ' g:$#& ' & ' a&,"2-&E ' ; ' $1 ' >,.2 ' .,-K:")$ ' ($ ' #* ' (":*#"62 ' C&, ' +*$2. ' C.,-$ ' ($1'
"?C$,"&',&?.2&':*$'*2'I*(K&'8$1$2"3.(&'($'T.,#&E'11.?.(&'b.*1&'=R.2'b.+1&@E'F*$E'
.*2F*$'$,.'+"1"2>l$E'($)"("6'$#),"+",'$2'>,"$>&'C&,'#$,'L#-$'$1'?$("&'?H#'"2(").(&'
C.,.')&2#$>*",'*2.'?.;&,'(":*#"62'$2-,$'1.#'>$2-$#'($'1.'C.,-$'&,"$2-.1'($1'"?C$,"&E'
(.(&'F*$'.($?H#'($'#$,'1.'1$2>*.'?H#'$c-$2("(.'$2'.F*$1'H?+"-&'$,.'-.?+"L2'1.'
F*$'>&3.+.'($'?.;&,'C,$#-">"&'C&,'-&(.'#*',").'-,.(")"62')*1-*,.1<'D.'1$2>*.'>,"$>.E'
)&2'#*'$2&,?$':1$c"+"1"(.('.'1.'8&,.'($'.(&C-.,')&2-$2"(&#'+"$2'("B$,#&#E'C.,$)"6'1.'
?H#'.($)*.(.'C.,.')&2-.,'$2'*2'1$2>*.I$'11.2&'1.'8"#-&,".'($1':*2(.(&,'($'1.'2*$B.'
,$1">"62E ' 7$#J# ' ($ ' ].3.,$-E ' ; ' C,&C&,)"&26 ' .1 ' ?"#?& ' -"$?C& ' . ' *2. ' (&)-,"2.'
,$1.-"B.?$2-$'#"?C1$E'-.1';')&?&'#$'$cC,$#.'$2'$1':.?&#&'#$,?62'($'1.'?&2-.%.E'*2'
1$2>*.I$'-L)2")&'?*)8&'?H#',")&';'B.,".(&E'.#K')&?&'-&(&'$1'.2(.?".I$')&2)$C-*.1'

)))

F*$',$#*1-6'.+#&1*-.?$2-$'"2("#C$2#.+1$'C.,.'1.'&,>.2"3.)"62'(&)-,"2.1'($'1.'C,"?$,.'
5>1$#".<'a&?&'#$%.16'$2'#*'(K.'$1'$#-*("&#&'.1$?H2'o$,2$,'7.$>$,E'p)&2'$1'*#&'($1'
>,"$>&'C$2$-,.'$2'$1'C$2#.?"$2-&'),"#-".2&'-&(&'*2'?*2(&'($')&2)$C-&#E').-$>&,K.#'
"2-$1$)-*.1$#E'?$-H:&,.#'8$,$(.(.#';'#*-"1$#')&22&-.)"&2$#q<'4:$)-"B.?$2-$E'>,.)".#'
. ' 1. ' *-"1"3.)"62 ' ($1 ' .C.,.-& ' )&2)$C-*.1 ' ; ' -$,?"2&16>")& ' ($ ' 1. ' :"1&#&:K. ' >,"$>.E ' $1'
),"#-".2"#?&'C.#6'($'#$,'*2.'#"?C1$'#$)-.'?H#'($#>.I.(.'($1'I*(."#?&'.')&2B$,-",#$'
:"2.1?$2-$'$2'*2.',$1">"62'($').,H)-$,'*2"B$,#.1<
D.'$1$))"62'($1'>,"$>&'C.,.',$(.)-.,'($':&,?.'($:"2"-"B.'$1']*$B&'T$#-.?$2-&'
,$#*1-. ' $:$)-"B.?$2-$ ' ?*; ' #">2":").-"B.E ' ;. ' F*$ ' #* ' )&?C&#")"62 ' $#-*B& ' +.#.(.'
#$>*,.?$2-$ ' $2 ' -,.(")"&2$# ' &,.1$# ' ?H# ' .2-">*.# ' F*$ ' ,$?&2-.+.2 ' F*"3H ' . ' 1&#'
C,"?$,&#'?&?$2-&#'($'1.'2*$B.'(&)-,"2.E')*.2(&'$1'?$("&'($')&?*2").)"62'8.+"-*.1'
$,.'$1'.,.?$&';'2&'$1'>,"$>&<'!$'8$)8&E'C.,$)$'+"$2'C,&+.(.'#*')&2$c"62')&2'1.'
R)6(9"B%2("' .'-,.BL#'($'(":$,$2-$#')"-.#E'($'.1>*2&#'$)&#'?.2":"$#-&#';'($')"$,-.#'
,$#&2.2)".#'1"2>lK#-").#E')&?&'$1'*#&'($'.1>*2.#'C.1.+,.#';')&2#-,*))"&2$#'C,&C".#'
($ ' 1. ' B$,#"62 ' >,"$>. ' ($1 ' 02-">*& ' T$#-.?$2-&< ' D. 'R)6(9"B%2("' :*$ ' $2 ' #$>*"(.'
.(&C-.(.'C&,'1.'5>1$#".')&?&'1.'B$,#"62').262").'($'1.'\"+1".';'#$'-,.2#?"-"6'$2'1&#'
?.2*#),"-&# ' I*2-& ' )&2 ' $1 ' ]*$B&'T$#-.?$2-&< ' 4# ' ?*;' C&#"+1$ ' F*$ ' 7$#J#E ' .*2F*$'
:*$,.'($'?.2$,.',*("?$2-.,".E')&2&)"$,.'$1'>,"$>&E'#"'+"$2'#*'1$2>*.'?.-$,2.'($+"6'
($'#$,'*2'(".1$)-&'.,.?$&E';.'F*$'-*B&'F*$'#$,'$2'>,"$>&')&?&'8.+16')&2'*2.'?*I$,'
($ ' (")8. ' C,&)$($2)". ' )$,). ' ($ ' T",& ' & ' )&2 ' $1 ' ?.>"#-,.(& ' ,&?.2& ' b&2)"& ' b"1.-&<'
01>*2&# ' ($ ' #*# ' ("#)KC*1&# ' 11$B.2 ' -.?+"L2 ' 2&?+,$# ' )1.,.?$2-$ ' >,"$>&#E ' )&?&'
02(,L#E'M"1"C&'&'a1$&:H#E';'$2-,$'#*#'C,"?$,&#'#$>*"(&,$#'#$'$2)&2-,.+.2'-.?+"L2'
?"$?+,&#'($'1.#'L1"-$#'(",">$2-$#E')&?&'7&#L'($'0,"?.-$.E'F*$'($+K.2'8.+1.,'>,"$>&<'
!$ ' )1.,. ' ?.-,"3 ' >,"$>. ' #&2 ' -.?+"L2 ' 1&# ' 2&?+,$# ' )&2 ' 1&# ' F*$ ' #$ ' )&2&)$2 ' 1.#'
(":$,$2-$# ' C.,-$# ' ($1 ' ]*$B& ' T$#-.?$2-&E ' )&?& ' 1&# ' 4B.2>$1"&# ' _-L,?"2& ' F*$'
#">2":"). ' 1. ' p+*$2. ' 2*$B.qE ' )1.,.?$2-$ ' "2(").-"B& ' ($1 ' ($#$& ' C,&#$1"-"#-. ' ;'
*2"B$,#.1"#-. ' ($ ' 1. ' 2*$B. ' ,$1">"62_E ' 1&# ' h$)8&# ' ($ ' 1&# '0C6#-&1$# ' =O.?:)%/@ ' ; ' $1'
0C&).1"C#"# ' =1. ' ,$B$1.)"62@E ' ; ' ).#" ' -&(&# ' 1&# ' -L,?"2&# ' F*$ ' ($#">2.2 ' 1. ' C,&C".'
"2#-"-*)"62'($'1.'">1$#".'2.)"$2-$';'.'#*#'?"$?+,&#E')&?&')77&)/F"E'F*$'$,.'$2'>,"$>&'
p.#.?+1$.qE ' ; ' p.C6#-&1$#qE ' F*$ ' #">2":").+. ' p$2B".(&#q< ' D&# ' ),"#-".2&# ' $2 ' 1&#'
C,"?$,&#'UVP'.%&#'($'#*'8"#-&,".'8.+1.,&2';'$#),"+"$,&2'$c)1*#"B.?$2-$'$2'>,"$>&'
8.#-.'F*$'#*'$cC.2#"62'C&#-$,"&,'C&,',$>"&2$#')*;&#'8.+"-.2-$#'2&'8.+1.+.2'(")8.'
1$2>*.'#">2":")6'1.'CL,("(.'C,&>,$#"B.'($'$#-.'.+,*?.(&,.'8$>$?&2".'1"2>lK#-").<'0#K'
$2'A&?.E'.':"2.1$#'($1'#">1&'5i'(<aE'#$'.*-&,"36'1.'*-"1"3.)"62'($1'1.-K2')&?&'1$2>*.'
&:")".1 ' ($ ' 1. ' 1"-*,>". ' $2 ' 1*>., ' ($1 ' >,"$>&< '01>& ' #"?"1., ' #*)$("6 ' $2 ' $1 ' -$,,$2& ' ($ ' 1.'
1"-$,.-*,.E'(&2($'8.#-.'$1'.%&'UXP'(<aE'$2'F*$'(.')&?"$23&'1.'C,&(*))"62'1.-"2.E'$1'
>,"$>& ' :*$ ' 1. ' J2"). ' 1$2>*. ' ($ ' 1&# ' $#),"-&,$# ' ),"#-".2&#< ' 52)1*#& ' ($#C*L# ' ($ ' $#-$'
?&?$2-&E'1.'?.;&,'C.,-$'($'1&#'>,.2($#'$#),"-&,$#'),"#-".2&#'($1'OPP'.1'QPPE')&?&'
T$,-*1".2&E ' D.)-.2)"& ' & '0?+,&#"&E ' $,.2 ' -&(.BK. ' ).C.)$# ' ($ ' $2-$2($, ' $1 ' >,"$>& ' $'
"2)1*#& ' F*"$2$# ' )&?& ' R.2 '0>*#-"2 ' #$ ' B$K.2 ' ;. ' "2).C.)$# ' ($ ' )&?C,$2($, ' $#-.'
1$2>*.'($?&#-,.+.2'$2').?+"&'*2'+*$2')&2&)"?"$2-&'($'1.')*1-*,.'>,"$>.'.'-,.BL#'
($'1.#'-,.(*))"&2$#'1.-"2.#<
R"2'$?+.,>&E'1&#'.*-&,$#'($1']*$B&'T$#-.?$2-&'2&'$,.2'>,"$>&#'#"2&'8$+,$&#'
;E'.'C$#.,'($'F*$'8.+1.+.2'#"2'(*(.'(")8.'1$2>*.E'2&':&,?.+.2'C.,-$'($'1.#'L1"-$#'
(",">$2-$#'8$+,$.#'F*$'1.'*-"1"3.+.2')&2':,$)*$2)".')&?&'1$2>*.'($')*1-*,.';')&?&'
?$("& ' ($ '"2-$>,.)"62 '($2-,& ' ($ ' 1. ' )*1-*,. ' "2-$,2.)"&2.1 ' ($ ' 1.' LC&).< 'R* ' C,"2)"C.1'
&+I$-"B&'$,.'-,.2#?"-",'$1'?$2#.I$'),"#-".2&'.'1.'>$2-$')&?J2';'C&,'$11&'*-"1"3.,&2'1.'
1$2>*.')&-"(".2.'F*$'#$'8.+1.+.'$2'1.').11$'$2'.F*$11&#'?&?$2-&#<'R"2'$?+.,>&E'.1'

))!

?$2&#'.1>*2&#'($'#*#'.*-&,$#'2&'#&2'-.2'">2&,.2-$# '$'"2)*1-&#')&?&'C,$-$2($2'
C.,$)$,E ' ;. ' F*$ ' .1>*2.# ' )"-.# ' 1"-$,.,".# ' ; ' )"$,-&# ' .-")"#?&# ' C,$#$2-$# ' $2 ' 1. ' &+,.'
($1.-.2 ' #* ' ,$1.-"B. ' :&,?.)"62 ' )*1-*,.1 ' ($2-,& ' ($ ' 1. ' -,.(")"62 ' 1"-$,.,". ' 8$1L2").<'
!$#-.).2E ' 2& ' &+#-.2-$E ' C&, ' 1. ' #"?C1")"(.( ' ; ' $:").)". ' ($ ' 1. ' $cC,$#"62 ' )&2 ' 1. ' F*$'
#*C"$,&2'-,.2#?"-",'*2&#')&2-$2"(&#'F*$'2&',$#*1-.+.2'C,$)"#.?$2-$'?*;':.?"1".,$#'
C.,.'1.'?$2-.1"(.('8$1L2").<'f2'?$2#.I$'F*$'C,$(").+.'$1'.2*2)"&'($'1.'"2?"2$2)".'
($1':"2'($1'?*2(&';'$1'.(B$2"?"$2-&'($1',$"2&'($'!"&#',$#*1-.+.'$:$)-"B.?$2-$'?*)8&'
?H#'C,6c"?&';')&?C,$2#"+1$'($2-,&'($'1&#'?$("&#'C,&:L-")&#'($1'I*(."#?&E'($1'F*$'
&,">"2.,".?$2-$ ' $1 ' ),"#-".2"#?& ' 8.+K. ' :&,?.(& ' C.,-$E ' F*$ ' ($ ' 1. ' -,.(")"62 ' )*1-*,.1'
>,"$>.<'R"2'$?+.,>&E'+.#-.+.'1.'*-"1"3.)"62'($'*2'-L,?"2&':*2(.?$2-.1'($'1.':"1&#&:K.'
>,"$>.')&?&'$1'($'&'B'/E'F*$'.>1*-"2.'$2-,$'#*#'?*)8&#'#">2":").(&#'1&#'($'p,.362qE'
p("#)*,#&q';'pC.1.+,.qE'.1'"2")"&'($1'$B.2>$1"&'($'7*.2E'C.,.'"2-,&(*)",'$1'?$2#.I$'
),"#-".2&'($2-,&'($1'?*2(&')*1-*,.1'"2-$1$)-*.1'>,"$>&<'D.'.(&C)"62'($'$#-$'-L,?"2&';'
#* ' "($2-":").)"62 ' )&2 ' 1. ' :">*,. ' ($ ' 7$#J# ' C$,?"-"$,&2 ' .1 ' ),"#-".2"#?& ' 2& ' #61&'
C,$#$2-.,#$ ' )&?& ' :"1&#&:K. ' ($2-,& ' ($ ' 1&# ' .?+"$2-$# ' )*1-*,.1$# ' 8$1L2")&#E ' #"2&'
)&2B$,-",#$E'($2-,&'($'#*'C,&C".'16>").E'$2'1.':"1&#&:K.'$-$,2.'F*$'8.+,K.'($'#*C$,.,';'
($I.,'&+#&1$-.#'.'-&(.#'1.#'F*$'1$'8.+K.2'C,$)$("(&<'42':*2)"62'($'1.',"F*$3.'($'
B.1&,$# ' #$?H2-")&# ' F*$ ' .#*?K. ' (")8& ' -L,?"2&E ' )&?& ' 8. ' #$%.1.(& ' $1 ' $#-*("&#&'
:,.2)L#'($'1.':"1&#&:K.'.2-">*.'b"$,,$'h.(&-E'1.'b.1.+,.'($'!"&#'C&(K.'#$,')&2)$+"(.'
)&?&',.362'F*$'),$.'$1'?*2(&';'F*$'>*K.'$1'C$2#.?"$2-&'8*?.2&<'!")8.'2&)"62':*$'
-.?+"L2'.?C1".?$2-$'*-"1"3.(.'C&,'1&#'.C&1&>"#-.#'),"#-".2&#'.'C.,-",'($1'#">1&'55'(<a<'
$2 ' #*# ' $#:*$,3&# ' C&, ' C,$#$2-.,E ' ; ' I*#-":").,E ' $1 ' ),"#-".2"#?& ' .2-$ ' $1 ' ?*2(&'
>,$)&,,&?.2& ' ($ ' *2. ' ?.2$,. ' F*$ ' ,$#*1-.,. ' )&?C,$2#"+1$< ' f2. ' ($ ' 1.# ' BK.# ' F*$'
$1">"$,&2'C.,.'1$>"-"?.,'1.'2*$B.'(&)-,"2.'$2-,$'1&#'?$("&#'"2-$1$)-*.1$#'>,"$>&#':*$'1.'
($'C,$#$2-.,'$1'),"#-".2"#?&')&?&'1.')*1?"2.)"62'$c"-&#.';'($:"2"-"B.'($1'1.,>&').?"2&'
($'+J#F*$(.';',$:1$c"62'F*$'8.+K.'"2")".(&'8.)K.'1.,>&'-"$?C&'1.':"1&#&:K.'>,"$>.<'0#KE'
$1',$)&2&)"?"$2-&'($'F*$'$1'!'B'/'#$'8.+K.'"(&'?.2":$#-.2(&'.'1&'1.,>&'($'1.'8"#-&,".'
($1'?*2(&E'C,"?$,&'($'*2.':&,?.'#$?"2.1'F*$'8.+K.'"(&'8.)"$2(&'#*'.C.,")"62'$2'
(":$,$2-$# ' C$2#.(&,$# ' ; ' $#)*$1.#E ' 8.#-. ' .1).23., ' #* ' ($:"2"-"B. ' ; ' )&?C1$-.'
)*1?"2.)"62'$2'1.'C$,#&2.'($1'#.1B.(&,E'&-&,>.+.'.'1.':">*,.'($'7$#J#'$1').,H)-$,'($'
?.$#-,& ' ($ ' 1. ' B$,(.($,. ' :"1&#&:K. ' $2-,$ ' 1&# ' 8&?+,$# ' ; ' )&2B$,-K. ' ($ ' >&1C$ ' . ' 1.#'
(&)-,"2.#';'C$2#.(&,$#'C,$)$($2-$#'$2'#"?C1$#',$.1"3.)"&2$#'C.,)".1$#'($1'?"#?&<'
g#$':*$'$1').?"2&'$1$>"(&E'C&,'$I$?C1&E'C&,'7*#-"2&E'*2&'($'1&#'?H#'"?C&,-.2-$#'
.C&1&>"#-.#'),"#-".2&#'$2'$1'#">1&'55'(<aE'F*$'#$'C,$#$2-.+.'$cC1K)"-.?$2-$')&?&'*2'
:"16#&:&'F*$'#$'8.+K.'"2")".(&'#*)$#"B.?$2-$'$2'1&#'(":$,$2-$#'#"#-$?.#'$2'+*#).'($'
1. ' B$,(.( ' #"2 ' 8.11., ' C1$2. ' #.-"#:.))"62 ' $2 ' 2"2>*2& ' ($ ' $11&# ' 8.#-. ' F*$ ' .+,.3& ' $1'
),"#-".2"#?&<'!$'$#-.'?.2$,.':*$'$1'C,"?$,'$#),"-&,'),"#-".2&'F*$'-,.-6'($'-$2($,'*2'
C*$2-$'$2-,$'$1'),"#-".2"#?&';'1.':"1&#&:K.'>,"$>.<'e-,&'($'1&#'C,"2)"C.1$#'.C&1&>"#-.#'
),"#-".2&# ' :*$ ' a1$?$2-$ ' ($ '01$I.2(,K.E ' $2 ' 1. ' #$>*2(. ' ?"-.( '($ ' $#$ ' ?"#?& ' #">1&E'
)&2-"2*6'$2'1.'?"#?.'(",$))"62'.1'(.,#$')*$2-.'($'F*$'($+K.')&2B$,-",'1.':$'),"#-".2.'
$2'*2'#"#-$?.'($'C$2#.?"$2-&')*;&#'"2$B"-.+1$#':*2(.?$2-&#'#$'8.11.+.2'($2-,&'($'
1.':"1&#&:K.'>,"$>.<'42'1.'1K2$.'($'7*#-"2&',$)&2&)"6'$2-,$'1&#'-$#-">&#'#&+,$#.1"$2-$#'
($1'C,&>,$#"B&'.(B$2"?"$2-&'($1 '!'B'/' 2&'#61&'.'($#-.).(.#'C$,#&2.1"(.($#'($'1.'
:"1&#&:K.'>,"$>.E')&?&'R6),.-$#';'b1.-62E'#"2&'-.?+"L2'.'1&#'C$2#.(&,$#',$1">"&#&#'
?H#'#&+,$#.1"$2-$#'$2-,$'1&#'C$,#.#E'1&#'"2("&#'&'1&#'$>"C)"&#<'T,.-6'($'?&#-,.,')6?&'
1.':$';'1.':"1&#&:K.E'$1'$B.2>$1"&';'$1'#.+$,'C.>.2&'#$')&?C1$?$2-.+.2'$2-,$'#K<'41'
),"#-".2"#?&'.C.,$)$'.#K'$2'#*#'$#),"-&#')&?&'1.')&,&2.)"62'($'-&(.#'1.#'B$,(.($#'
)&2-$2"(.#'$2'1.#'(":$,$2-$#'(&)-,"2.#':"1&#6:").#<'a1$?$2-$'.+&>.+.E'?H#'F*$'C&,'1.'

))"

)&2:,&2-.)"62'.+"$,-.')&2'$1'B"$I&'#"#-$?.'.2-$,"&,E'C&,'#*'#*C$,.)"62E',.3&2.(.'.'
-,.BL#'($1',$)&2&)"?"$2-&'($'*2.'#$,"$'($'(&)-,"2.#'BH1"(.#'F*$E'#"2'$?+.,>&E'2&'
8.+K.2 ' .1).23.(& ' -&(.BK. ' #* ' )*1?"2.)"62 ' ($:"2"-"B. ' 8.#-. ' 1. ' 11$>.(. ' ($ ' 7$#J#<'
b$,-$2$)"$2-$'.'1.'?"#?.'$#)*$1.'),"#-".2.'($'01$I.2(,K.'F*$'a1$?$2-$E'e,K>$2$#E'
:&,?.(& ' -.?+"L2 ' $2 ' 1. ' #.+"(*,K. ' >,"$>.E ' "2-$2-6 ' *2. ' .*(.3 ' #K2-$#"# ' $#C$)*1.-"B.'
$2-,$'$1'C1.-&2"#?&';'$1'),"#-".2"#?&'?$(".2-$'*2.'$cL>$#"#'.1$>6,").'($'1&#'-$c-&#'
+K+1")&#'($').,H)-$,',.(").1<
b$,&'2&'-&(&':*$,&2'"2-$2-&#'($')&2)"1".)"62E'?H#'&'?$2&#'.:&,-*2.(&#<'42-,$'
1&#'C,"?$,&#'"2-$1$)-*.1$#'),"#-".2&#'8*+&'-.?+"L2',$.))"&2$#'?*)8&'?H#'B",*1$2-.#'
F*$ ' 2$>.+.2 '($ ' C1.2& ' -&(. ' #* ' B.1"($3 ' . ' 1. ' )*1-*,. ' >,"$>. ' ;' .+&>.+.2 ' ($ ' :&,?.'
$2.,($)"(. ' C&, ' 1. ' #*C$,"&,"(.( ' "2)*$#-"&2.+1$ ' ($ ' 1. ' (&)-,"2. ' ),"#-".2. ' :,$2-$ ' .'
)*.1F*"$,')1.#$'($'#.+"(*,K.'C.>.2.<'!$#-.).'$2'$#-$'-$,,$2&'$1':.?&#&'("#)*,#&'($'
T.)".2&')&2-,.'1&#'>,"$>&#E'-.?+"L2'($'?$(".(&#'($1'#">1&'55'(<a'$2'$1'F*$',$)8.3.';'
($#C,$)". ' ($ ' ?.2$,. ' "2$F*KB&). ' -&(. ' ?.2":$#-.)"62 ' ($ ' 1. ' )*1-*,. ' >,"$>.< ' b.,.'
T.)".2& ' 1.# ' (":$,$2-$# ' ,$.1"3.)"&2$# ' ($ ' 1&# ' >,"$>&# ' $,.2 ' 2$)".#E ' $2>.%&#.#E'
"2?&,.1$# ' ; ' ).,$2-$# ' ($ ' -&(& ' B.1&,E ' 11$>.2(& ' . ' .:",?., ' "2)1*#& ' F*$ ' 1&# ' J2")&#'
.#C$)-&# ' C&#"-"B&# ' C,&B$2K.2 ' ($1 ' 1$>.(& ' ($ ' 1&# ' +H,+.,&#E ' *2. ' )&2(")"62E ' 1. ' ($'
+H,+.,&E'F*$',$"B"2(").'&,>*11&#.?$2-$'C.,.'#K'?"#?&')&?&':&,?.'($'8.)$,'-&(.BK.'
?H#'C.-$2-$'#*'?H#')&?C1$-&',$)8.3&'($'-&(&'.F*$11&'F*$'C*("$,.',$C,$#$2-.,'.'1&'
>,"$>&<'0*2F*$'1.'&+,.'($'T.)".2&E'F*$'-$,?"26'#*#'(K.#'$2'$1'#$2&'($'1.'8$,$IK.E'
,$C,$#$2-.'F*"3H'1.')J#C"($'($1',$)8.3&'),"#-".2&'($1'8$1$2"#?&E'1.'),K-").'.)$,+.'($'
.#C$)-&#':*2(.?$2-.1$#'($'1.')*1-*,.'>,"$>.E')&?&'#*#')*1-&#';'),$$2)".#E'.C.,$)$'
-.?+"L2'($'?.2$,.'($#-.).(.'$2'1.'&+,.'($'.C&1&>"#-.#'?*)8&'?H#'?&($,.(&#';'
C,&C")"&#'.'*2'$2-$2("?"$2-&')&2'1.':"1&#&:K.'>,"$>.E')&?&'$1'?$2)"&2.(&'a1$?$2-$'
($'01$I.2(,K.<'D&#'.C&1&>"#-.#'-.2'#61&')&2#">*"$,&2'($?&#-,.,'.'#*#'"2-$,1&)*-&,$#'
C.>.2&# ' F*$ ' 8.+1.+.2 ' *2 ' 1$2>*.I$ ' )&?C1$-.?$2-$ ' ("#-"2-& ' . ' C$#., ' ($ ' #*#'
C,$-$2#"&2$#'$2'$1'#$2-"(&')&2-,.,"&E';.'F*$'.#C$)-&#'-.2':*2(.?$2-.1$#')&?&'$1'
,$)*,#&'.'1.',$B$1.)"62'+K+1").';'.'1.'C,&:$)K.')&2-"2*.+.2',$#*1-.2(&')&?C1$-.?$2-$'
"2"2-$1">"+1$#'C.,.'1&#'>,"$>&#<
D. ' ,$.))"62 ' .2-"8$1$2. ' C.,$)$ ' ($ ' )*.1F*"$, ' :&,?. ' .1>& ' ($#C,&C&,)"&2.(.<'
h.#-. ' $2-&2)$# ' #61& ' 1.# ' ,.3&2.+1$# ' .1$>.)"&2$# ' $cC*$#-.# ' $2 ' &+,.# ' )&?& ' $1'
E%/*9./'#M).+"+).''($1':"16#&:&'C1.-62")&'a$1#&E'$#),"-&'$2'$1'J1-"?&'-$,)"&'($1'#">1&'55'
(<aE ' F*$ ' )&2#-"-*;$ ' 1. ' C,"?$,. ' >,.2 ' C&1L?"). ' :"1&#6:"). ' )&2-,. ' $1 ' ),"#-".2"#?&E'
)&2&)"(.'J2").?$2-$'.'-,.BL#'($'1.'"?C&2$2-$';'#"#-$?H-").',$:*-.)"62'.'1.'F*$'1$'
#&?$-"6 ' e,K>$2$# ' . ' ?$(".(&# ' ($1 ' #">1& ' #">*"$2-$E ' )&2#-"-*K.2 ' $1 ' 2J)1$& ' ($ ' 1&#'
#*C*$#-&#'.-.F*$#')&2-,.'$1'),"#-".2"#?&'.'1&#'F*$'#$'C,$-$2(K.'(.,',$#C*$#-.')&2'
-.2':*,"+*2(&#'.1$>.-&#E')&?&'1&#';. ')"-.(&#'($'T.)".2&'&'1&#'($'T$,-*1".2&E'F*$'
,$)8.3.+. ' .-"2.(.?$2-$ ' *2. ' ; ' &-,. ' B$3 ' "2)1*#& ' 1. ' *-"1"3.)"62 ' ($ ' -L,?"2&# ' )&?&'
:"1&#&:K.'&'#.+"(*,K.'($'$#-$'?*2(&'$'8"3&':.?&#&'$1'($#.:".2-$'1$?./'pyF*L'-"$2$'
F*$ ' B$, ' 0-$2.# ' )&2 ' 7$,*#.1L2E ' F*L ' 1. ' 0).($?". ' )&2 ' 1. ' 5>1$#".zq< ' R61& ' 1.#'
.)&?$-"(.#'C&#-$,"&,$#'?*)8&'?H#')&2-*2($2-$#E'1.23.(.#'.8&,.'#K';.')&2'-&(.#'
#*#')&2#$)*$2)".#E'8.+,K.2',$F*$,"(&'*2.',LC1").'-.2'B"&1$2-.';':*,"&#.'C&,'C.,-$'($'
1&# ' .C&1&>"#-.# ' ),"#-".2&#< ' 41 ' C,"?$,& ' -*B& ' 1*>., ' ($2-,& ' ($1 ' -$,,$2& ' ($1 ' ($+.-$'
"($&16>")&'C&,'C.,-$'($1'2$&C1.-62")&'b&,:","&E'.':"2.1$#'($1'#">1&'555'(<aE'F*"$2'$2'*2'
-,.-.(&'-"-*1.(& ','2(." #&'/ #*.%/(%"2'/' F*$'&)*C.+. '2.(. '?$2&#'F*$ 'F*"2)$ '1"+,&#'
*-"1"36 ' )&?& ' .,?. ' C,"2)"C.1 ' 1. ' ),K-"). ' 8"#-6,"). ' C.,. ' ($?&#-,.,E ' C&, ' $I$?C1&E ' $1'
).,H)-$,'-.,(K&'($'&+,.#')&?&'$1'!%$.'#+)#E"2%)&<'41'#$>*2(&E'($2-,&';.'($'1.'.))"62'
(",$)-.E ' :*$ ' 1. ' ($#$#C$,.(. ' $ ' "1*#&,". ' -$2-.-"B. ' ($1 ' $?C$,.(&, ' 7*1".2&E ' F*"$2 ' .'

))#

?$(".(&# ' ($1 ' #">1& ' 5i ' (<a< ' 8"3& ' -&(& ' 1& ' F*$ ' $#-*B& ' $2 ' #* ' ?.2& ' C&, ' #*#-"-*", ' *2'
),"#-".2"#?&E'F*$';.'8.+K.'$)8.(&'"?C&,-.2-$#',.K)$#'$2'1.'#&)"$(.('($1'?&?$2-&E'
C&,'*2.')*,"&#.'B$,#"62'($1'8$1$2"#?&'.(&+.(&')&2'-"2-$#',$1">"&#&#'F*$')&2)1*",K.'
#"2'Lc"-&')&2'1.'-,H>").'?*$,-$'($'#*'C,&?&-&,<'7*1".2&'$#),"+"6'("B$,#.#'&+,.#'$2'1.#'
F*$ ' .C.,$)$2 ' ($ ' *2. ' ?.2$,. ' & ' ($ ' &-,. ' )&2-"2*&# ' .-.F*$# ' .1 ' ),"#-".2"#?&E ' C$,&'
(&2($')&2)$2-,6'-&(.'#*'.,-"11$,K.'C$#.(.')&2-,.'$#-.',$1">"62'$,.'$2'#*'&+,.E'8&;'
C$,("(.E ','2(."#&'/#B"&%&)'/E'$#),"-.'$2'-,$#'1"+,&#'$2'1&#'.%&#':"2.1$#'($'#*')&,-.'
$c"#-$2)".<
42-,$ ' 1.# ' ?*)8.# ' -$2-.-"B.# ' $?C,$2("(.# ' C&, ' 7*1".2& ' $2 ' #* ' "2:,*)-*&#&'
C,&;$)-&'($'$)1"C#.,'*2'),"#-".2"#?&';.'"?C.,.+1$':">*,.')*,"&#.?$2-$'1.'C,&8"+")"62'
$cC,$#. ' . ' 1&# ' ),"#-".2&# ' ($ ' $2#$%., ' 1. ' 1"-$,.-*,. ' )1H#"). '>,"$>.E ' )&2 ' $1 ' )&8$,$2-$'
.,>*?$2-& ' ($ ' F*$ ' ,$#*1-.+.2 ' )&?C1$-.?$2-$ ' "2.($)*.(&# ' C.,. ' )*?C1",'
($+"(.?$2-$')&2'(")8.'-.,$.'("(H)-").'.'1.'B"#-.'($1',$C*("&'F*$'C,&:$#.+.2'8.)".'
1&#'("&#$#';'1.#'),$$2)".#'C.>.2.#<'4#-.'$c-,.%.')&?C.-"+"1"(.('$2-,$'1.'#.+"(*,K.'
.2-">*.'$cC,$#.(.'$2'1.'1"-$,.-*,.'>,"$>.';'1.#'$c">$2)".#'(&)-,"2.1$#'($'1.'2*$B.'
,$1">"62'$,.'$2'?*)8&#').#&#'*2.'C,H)-").',$1.-"B.?$2-$')&,,"$2-$'#"'-$2$?&# '$2'
)*$2-.'F*$'$1'.C&1&>"#-.'),"#-".2&'\.#"1"&'$1'N,.2($'8.+K.'$#),"-&'*2'-,.-.(&'#&+,$'1.'
*-"1"(.('F*$'1&#'$#)&1.,$#'),"#-".2&#'C&(K.2'&+-$2$,'($1'$#-*("&'($'1.'1"-$,.-*,.E'1.'
,$-6,").';'1.':"1&#&:K.'>,"$>.#'#"'#$'#.+K.'11$B.,'.').+&'*2.'#$1$))"62'.($)*.(.'($'1&#'
)&2-$2"(&#'($'(")8.#'?.-$,".#';'#$'(.+.'C,$:$,$2)".'.'#*':&,?.'#&+,$'#*')&2-$2"(&'
=C,&)$#& ' )&2)$2-,.(& ' $2 ' $1 ' )$1$+,$ ' .(.>"& ' p,$)&>$ ' 1.# ' ,&#.#E ' 2& ' 1.# ' $#C"2.#q@<'
a"$,-.?$2-$'$1'C,&C"&'-,.-.(&'($'\.#"1"&',$B$1.'1.#'"2)&?&("(.($#'$'"2)&8$,$2)".#'
F*$'"?C1").+.'(")8&'"2-$2-&'($')&2)"1".)"62E'C$,&'1&')"$,-&'$#'F*$'-.1$#'"2")".-"B.#'
($+"$,&2 ' ($ ' .1).23., ' *2. ' )"$,-. ' ("?$2#"62 ' )*.2(& ' 7*1".2& ' )&2#"($,6 ' 2$)$#.,"&'
C,&)1.?., ' *2 ' ($),$-& 'C.,. '.-.I., ' C&, ' 1. ' ,.K3 ' *2 '-"C& ' ($ ' C,H)-"). ' F*$ ' )&2-,.B$2K.'
:,&2-.1?$2-$ ' #*# ' C,&C6#"-&# ' ($ ' ($#.1&I., ' ($1 ' -&(& ' .1 ' ),"#-".2"#?& ' ($ ' #* ' C&#")"62'
(&?"2.2-$ ' "?C&2"$2(& ' $2 ' #* ' 1*>., ' 1. ' B"$I. ' #.+"(*,K. ' C.>.2.< ' 41 ' $)1$)-")"#?&'
($?&#-,.(&'C&,'\.#"1"&':*$'-.2'#61&'*2.'($'1.#'(&#'1K2$.#'($'C$2#.?"$2-&'*-"1"3.(.#'
C&,'1&#'C,"?$,&#'C.(,$#'($'1.'5>1$#".'C.,.')&2#$>*",'$1').#"'"?C&#"+1$'&+I$-"B&'($'
p"2?*2"3.,q ' 1. ' C$,2")"&#. ' "($&1&>K. ' C.>.2. ' #"2 ' 2$)$#"(.( ' ($ ' C,&)$($, ' . ' #*'
)&?C1$-&',$)8.3&E')&?&'C,&C*>2.+.2'"2("B"(*&#'($1'-.1.2-$'($'T.)".2&'&'T$,-*1".2&<'
41'&-,&').?"2&'*-"1"3.(&'$2'$#-.'(",$))"62':*$'$1'*#&'($'1.'.1$>&,K.E'F*$'"?C1").+.'
F*$'$1'B$,(.($,&'#">2":").(&'($1'?$2#.I$'($'1&#'.*-&,$#'.2-">*&#'2&'#$'8.11.+.'$2'1.'
#*C$,:")"$'($1'-$c-&E'#"2&'F*$'C$,?.2$)K.'&)*1-&'+.I&'*2'B$1&'.1$>6,")&'-,.#'$1'F*$'
).+K.'($#)*+,",'#*'.*-L2-")&'B.1&,'?&,.1E'1&'F*$'(.+.'1*>.,'.'$c-,.B.>.2)".#'-.1$#'
)&?&'"2-$,C,$-.,'$1',$-&,2&'($'f1"#$#';'#*#'"22*?$,.+1$#'.B$2-*,.#')&?&'$1'B".I$'($1'
.1?.'8.)".'$1')"$1&'-,.#'#*C$,.,'1&#'"2:"2"-&#'$#)&11&#'($'1.'-$2-.)"62'C*$#-&#'$2'#*'
).?"2&<

-&+'$)&=#+'/#)')#,&/*',"%#,*

a&2#-"-*;$ ' *2 ' 8$)8& ' "2)*$#-"&2.+1$ ' F*$ ' 1. ' -,.(")"62 ' "2-$1$)-*.1 ' >,"$>.'
)&2-,"+*;6'($'?.2$,.'($)"#"B.'.'1.')&2:">*,.)"62'($1'C$2#.?"$2-&'),"#-".2&<'a&?&'
#$%.16'$1'8"#-&,".(&,'a,"#-&C8$,'!.[#&2E'F*$'&)*C6'1.')H-$(,.'($'.#*2-&#').-61")&#'

))$

$2 ' h.,B.,(E ' 1. ' ?.;&, ' ; ' ?H# ' #&,C,$2($2-$ ' C.,.(&I. ' ($ ' 1. ' )*1-*,. ' $*,&C$. ' 1.'
)&2#-"-*;$'$1'8$)8&'($'F*$'$1'),"#-".2"#?&'#$'$cC.2("$,.';'($#.,,&11.,.'.'-,.BL#'($1'
#&C&,-$ ' &C&,-*2& ' ($ ' *2. ' )"B"1"3.)"62 ' ; ' ($ ' *2. ' -,.(")"62 ' "2-$1$)-*.1 ' . ' 1.# ' F*$ ' $2'
$#$2)".',$#*1-.+.'-.2'"2)&?C.-"+1$';')&2-,.,"&<'R"2'$?+.,>&E'1.'1"#-.'($'1.#'($)"#"B.#'
)&2-,"+*)"&2$# ' ($1 ' 8$1$2"#?& ' . ' 1. ' (&)-,"2. ' ; ' C,H)-"). ' ),"#-".2.# ' $# ' )&2#"($,.+1$E'
)&?& ';. '($?&#-,6 '$2 '#* '(K. 'o$,2$, '7.$>$,< '0($?H# '($ '1. ' 1$2>*.E ' .' 1. ' F*$ ';.'
8$?&# ' 8$)8& ' ,$:$,$2)". ' $2 ' $1 ' .C.,-.(& ' .2-$,"&,E ' $1 ' ),"#-".2"#?& ' -&?6 ' -.?+"L2'
C,$#-.(& '($1 '8$1$2"#?& '.#C$)-&# ':*2(.?$2-.1$#' ($ '#*' :"1&#&:K.E '#* '1"-$,.-*,.E '#*#'
-L)2").#',$-6,").#'$'"2)1*#&'($'#*#':&,?.#'($')*1-&E'$2'C.,-")*1.,'($'1.#'($2&?"2.(.#'
,$1">"&2$#'?"#-L,").#E'F*$'",,*?C"$,&2')&2':*$,3.'$2'$1'?*2(&'>,"$>&'.'C.,-",'($1'#">1&'
5i'.<a<
a&?$2)$?&# ' $#-$ ' +,$B$ ' ,$C.#& ' C&, ' 1. ' :"1&#&:K.< ' 41 ' C1.-&2"#?&E ' )&2 ' #*'
"2-$,C,$-.)"62'"($.1"#-.'($'1.',$.1"(.(E':*$'#"2'(*(.'$1'C,"2)"C.1'"2>,$("$2-$'"($&16>")&'
($ ' 1. ' 2*$B. ' ,$1">"62< ' !")8. ' $#)*$1. ' C&#$K. ' 2*?$,&#&# ' $1$?$2-&# ' ).C.)$# ' ($'
#*#)"-., ' 1. ' .-,.))"62 ' ($ ' 1&# ' ),"#-".2&#E ' )&?& ' 1. ' "($. ' ($ ' 1. ' -,.#)$2($2)". ' $'
"2?*-.+"1"(.( '($ ' !"&#E ' 1. '($ '1. '),$.)"62 '($1 '?*2(&E '$1 '",,$2*2)".+1$ '(*.1"#?& '($'
.1?.';')*$,C&';'1.'C,&)1.?.)"62')&2#">*"$2-$'($'1.'"2?&,-.1"(.('($1'.1?.<'T.?+"L2'
"2)"("$,&2'#&+,$'$1'C$2#.?"$2-&'),"#-".2&E'.*2F*$'$2'?$2&,'?$("(.E'&-,.#'$#)*$1.#'
:"1&#6:").#'>,"$>.#E')&?&'$1'D")$&'($'0,"#-6-$1$#')&2'#*'(&)-,"2.',$.1"#-.'($1'#$,';'$1'
)&2&)"?"$2-&E'#*'-$&,K.'($'1.'#*#-.2)".';'$1'.))"($2-$';'#&+,$'-&(&'#*'.C1.#-.2-$'
16>").E ' F*$ ' C,&C&,)"&2.+. ' *2. ' "2$#-"?.+1$ ' .;*(. ' . ' 1. ' 8&,. ' ($ ' )&2:$))"&2., ' ;'
:&,?*1.,'1.#'.,>*?$2-.)"&2$#<'!$'1&#'$#-&")&#'.(&C-.,&2'"?C&,-.2-$#'$1$?$2-&#'($'
#* ' )&#?&1&>K. ' ;' ($ ' #*# ' C,"2)"C"&# ' L-")&#E ' ($ ' 1&# ' )K2")&# ' 1. ' (&)-,"2. ' ($ ' *2. ' B"(.'
#"?C1$';'($'1&#'$#)LC-")&#'*2')&2#"($,.+1$'.,#$2.1'($'.,>*?$2-&#'F*$'*-"1"3.,&2'
C.,.'.-.).,'($-$,?"2.(.#'(&)-,"2.#':"1&#6:").#'&'1.':"1&#&:K.'$2'>$2$,.1<'0C.,-$'($1'
).?"2& ' ;. ' -,.3.(& ' C&, ' M"162 ' ($ '01$I.2(,K.E ' F*$ ' :*$ ' ?*; ' 1$K(& ' C&, ' 1&# ' .*-&,$#'
),"#-".2&#E ' ($2-,& ' ($1 ' C,&C"& ' ).*(.1 ' ($ ' 1. ' :"1&#&:K. ' >,"$>. ' $c"#-K. ' ;. ' ($#($ ' 8.)K.'
-"$?C&'-&(.'*2.'-,.(")"62'($'-$&16>").'#"#-$?H-").E')*;.#')*?+,$#'?H#'#">2":").-"B.#'
$,.2'$1'0%5)'';'$1'1"+,&'d'($'1.#'!)3)/'($'b1.-62E'F*$'#",B"6'#"2'(*(.'($'?&($1&'C.,.'
1.')&2:">*,.)"62'($)"#"B.'($'1.'-$&1&>K.'),"#-".2.<'0'C.,-",'($'$#-.#'-$2($2)".#'1&#'
:"16#&:&# ' $?C$3.,&2 ' . ' #$, ' )&2#"($,.(&# ' >*K.# ' $#C","-*.1$# ' F*$ ' .;*(.+.2 ' . ' 1&#'
8&?+,$#'.'$2)&2-,.,'$1').?"2&'8.)".'1.'("B"2"(.(';E'($'8$)8&E'#*'C$2#.?"$2-&'.1'
,$#C$)-& ' #$ ' )&2B",-"6 ' $2 ' *2. ' C.,-$ ' ).(. ' B$3 ' ?H# ' )$2-,.1 ' $ ' "?C&,-.2-$ ' ($ ' #*#'
$2#$%.23.#':"1&#6:").#<'D.'C,&C".'2&)"62':"1&#6:").'($'C,&>,$#&'$#C","-*.1E'+.#.(.'$2'
1.'1$)-*,.'$c$>L-").'($'1&#'-$c-&#':*2(.?$2-.1$#'($'1.#'(":$,$2-$#'$#)*$1.#E'#$,H'$1'
:*2(.?$2-& ' C,"2)"C.1 ' ($ ' 1. ' :&,?.)"62 ' ; ' ($ ' 1. ' $2#$%.23. ' ),"#-".2.< ' 52)1*#& ' $2'
?.2":$#-.)"&2$#'.C.,$2-$?$2-$'$c-,$?.#';'8&#-"1$#'.1'8$1$2"#?&E')&?&'$1':$26?$2&'
($1 ' ?&2.F*"#"2&E ' #$ ' 8.,H ' -.?+"L2 ' C.-$2-$ ' 1. ' "2)"($2)". ' ($ ' 1. ' -,.(")"62 ' :"1&#6:").'
>,"$>.'.'-,.BL#'($'1.'C$,?.2$2)".'($').-$>&,K.#'C,&:.2.#')&?&'1.'C.3'($1'.1?.E'1.'
.*#$2)".'($'C.#"&2$#'&'1.'$c">$2)".'($'11$B.,'*2.'B"(.')&2:&,?$'.'1.'2.-*,.1$3.';'1.'
,.362<'41'C,&C"&'T$,-*1".2&E'-.2'8&#-"1'.'1.':"1&#&:K.E'($I6'C.-$2-$'$2'#*#'&+,.#'F*$'
$#-.+.'"?+*"(&'($'1.':K#").';'.2-,&C&1&>K.'?.-$,".1"#-.#'($1'$#-&")"#?&<'52)1*#&'1.#'
)&2-,&B$,#".# '(&)-,"2.1$# '#*,>"(.#' $2 '$1 '"2-$,"&, '($1 '),"#-".2"#?& '. '1&'1.,>& '($'1&#'
#">1&#'5i';'i'(<a<'$2'-&,2&'.'1.'T,"2"(.(';'.'1.':">*,.'($'a,"#-&'#&2'$2'>,.2'?$("(.'$1'
,$#*1-.(&'($'#*-"1$#'.2H1"#"#':"1&#6:")&#E'.*2F*$'F*"3H'?.1'&,"$2-.(&#E'C&,'C.,-$'($'
.1>*2&#'.>*(&#'C$2#.(&,$#'F*$'$,.2'.8&,.';.'-$61&>&#'),"#-".2&#'.1 '-%).'/#&'B'/#
=("#)*,#&GC.1.+,.'#.>,.(.@'),"#-".2&<']&'#$'&1B"($'F*$'$1'?"#?K#"?&'0,,"&E'"2")".(&,'
($ ' *2. ' ($ ' 1.# ' ?H# ' C,&1K:").# ' 8$,$IK.#E ' C&#$K. ' *2 ' +*$2 ' (&?"2"& ' ($ ' 1. ' (".1L)-").'

))%

.,"#-&-L1").';'F*$'$1'C.1.(K2'($'1.'&,-&(&c".E'0-.2.#"&E'.#"?"16'*2.'+*$2.'C.,-$'($'1.'
&2-&1&>K. ' C1.-62"). ' $2 ' #* ' C$2#.?"$2-& ' -$&16>")&< ' 42 ' ($:"2"-"B.E ' F*"3H ' )&2B"$2$'
,$)&,(.,'F*$'2&'#$'-,.-.+.'($'&-,.')&#.'F*$'($'&,"$2-.,').#"'$2'$c)1*#"B.'-&(.'1.'
,$:1$c"62 ' ; ' $1 ' C$2#.?"$2-& ' 8.)". ' 1. ' C.,-$ ' ?H# ' $#C","-*.1 ' ($ ' 1. ' C$,#&2. ' 8*?.2.E'
$2:&).2(&'1.'.-$2)"62'#&+,$ '*2&'?"#?&E '.1>& 'F*$';. ')&2#-"-*;6 '*2& '($ '1&#'$I$#'
$#$2)".1$#'($1'$#-&")"#?&';'($#C*L#'($1'2$&C1.-&2"#?&'$2'$1').?C&'($'1.':"1&#&:K.'
>,"$>.<
42'$1'-$,,$2&'($'1.'1"-$,.-*,.').+$'#$%.1.,'1.'.(&C)"62'($'.1>*2&#'?&($1&#'
1"-$,.,"&#'>,"$>&#E')&?&'1.'$CK#-&1.E'#$>J2'$1'?&($1&'($'1&#':"16#&:&#'>,"$>&#E'&'1&#'
8$)8&#'=6.?:)%/@E'*2')&2I*2-&'($'.)-&#';'(&)-,"2.#'($'8&?+,$#'#.+"&#';':.?&#&#'
,$)&C"1.(& ' C&, ' #*# ' ("#)KC*1&#< ' 0 ' L#-&# ' #$ ' .%.("$,&2 ' ($#C*L# ' &-,&# ' )&?& ' 1.'
p("(.F*LqE'$1'p.C&).1"C#"#q';'$1'#$,?62E'$#-$'J1-"?&'*2.'B$,#"62'?&(":").(.'($'1.'
(".-,"+.'($'1.':"1&#&:K.'>,"$>.'C&C*1.,'F*$'-$2K.'C&,'&+I$-&'-,.#1.(.,'1.#'(&)-,"2.#'($'
)K2")&#E'$#-&")&#';'$C")J,$&#'.1'C*$+1&<'4c"#-"$,&2'-.?+"L2'*2.'$#C$)"$'($'&CJ#)*1&#'
& ' :&11$-&# ' ($ ' ).,H)-$, ' :"1&#6:")& ' & ' ,$1">"&#&E ' )&?& ' 1&# ' F*$ ' 1. ' #$)-. ' ($ ' 1&# ' 6,:")&#'
(":*2(K.2'($').#.'$2').#.E'#$>J2'$1'-$#-"?&2"&'($'b1.-62E'&'1&#'F*$'#$,BK.2')&?&'
?$("&'8.+"-*.1'($'C,&C.>.2(.'($'("B$,#.#'),$$2)".#',$1">"&#.#E'#&+,$'-&(&'.'C.,-",'
($'1.'LC&).'8$1$2K#-").E';'F*$'b1*-.,)&'.)&2#$I.+.'.'1.#'?*I$,$#').#.(.#'F*$'#$'
.+#-*B"$,.2'($',$)"+",'$2'#*#'8&>.,$#'#"'2&'F*$,K.2'-$2$,'#$,"&#'("#>*#-&#')&2'#*#'
?.,"(&#<'4#-.')1.#$'($'1"-$,.-*,.'?$2&,'"2)1*K.'$1'*#&'($':,.#$#'&'#K?+&1&#E')&?&'$1'
($'1.'sE'F*$'"2(").+.'1.'$c"#-$2)".'($'(&#').?"2&#'$2-,$'1&#'F*$'$,.'2$)$#.,"&'$1$>",E'
*#.(&'C&,'1&#'C"-.>6,")&#E';'F*$'1*$>&'#$')&2B",-"6'$2'*2'?&-"B&'?H#'($'1.',$-6,").'
8.+"-*.1'),"#-".2.<'52)1*#&'.1>*2&#'($'1&#'.:&,"#?&#'L-")&#'F*$')&2-$2K.2'$#-$'-"C&'($'
&+,.#'C.#.,&2'-.?+"L2'.1'),"#-".2"#?&'-,.2#:&,?.(&#'.8&,.'$2'?.2(.?"$2-&#E')&?&'
$1'C,"2)"C"&'C,$#$2-$'$2'$1'-,.-.(&'#&+,$'$1'H2"?&'($'!$?6),"-&'F*$'.)&2#$I.+.'2&'
$?C,$2($,'($?.#".(.#'.)-"B"(.($#'#"'#$'F*$,K.'>&3.,'($'1.'C.3'($'$#CK,"-*<'0':"2'($'
)*$2-.#E'1.'$(*).)"62'1"-$,.,".'-,.(")"&2.1E'+.#.(.'$2'h&?$,&';'1&#'($?H#'C&$-.#'
>,"$>&# ' .2-">*&#E ' )&2#-"-*K. ' $1 ' :*2(.?$2-& ' ($ ' 1. '6"%+)F"' =$(*).)"62@ ' F*$'
)&2-"2*.+.2 ' ,$)"+"$2(& ' -.2-& ' 1&# ' ),"#-".2&# ' &,-&(&c&# ' )&?& ' 1&# ' 8$,L-")&#< ' D.'
$c-,.&,("2.,". ' :.?"1".,"(.( ' )&2 ' +*$2. ' C.,-$ ' ($ ' 1. ' 1"-$,.-*,. ' )1.#"). ' ; ' )&2 ' #*#'
C,&)$("?"$2-&# ' ,$-6,")&# ' ; ' $#-"1K#-")&# ' F*$ ' ($?*$#-,.2 ' 1&# ' ($2&?"2.(&# ' C.(,$#'
).C.(&)"&#E'$2-,$'1&'F*$'#$')*$2-.'$1';.'?$2)"&2.(&'\.#"1"&E'$2'C1$2&'#">1&'5i'(<a<'
)&2#-"-*;$'*2.'C,*$+.')&2)1*;$2-$'($'$#-.')&2-"2*"(.('$(*).-"B.<
41 ' C,&)$#& ' ($ ' 8$1$2"3.)"62 ' F*$ ' .:$)-6 ' .1 ' ),"#-".2"#?& ' 2& ' #$ ' 1"?"-6 ' #61& ' .1'
(&>?.E'F*$',$#*1-6'.?C1".?$2-$',$:&,3.(&';')&2#&1"(.(&'($#($'$1'C*2-&'($'B"#-.'
)&2)$C-*.1'C,&B"#-&'.8&,.'($1'.2(.?".I$'"2-$1$)-*.1'($'1.':"1&#&:K.'>,"$>.E'#"2&'F*$'
($I6'#$2-",'-.?+"L2'#*#'C&($,&#&#'$:$)-&#'#&+,$'$1',$#-&'($'#*#'.)-"B"(.($#E')&?&'1.'
1"-*,>".E'1.'L-").E'$1'?"#-")"#?&E'1.'")&2&>,.:K.';'$1'#"?+&1"#?&'.,-K#-")&<'D.'"2:1*$2)".E'
?H#'&'?$2&#')&2#)"$2-$E'$I$,)"(.'C&,'1&#')*1-&#';',$1">"&2$#'?"#-L,").#'C.,$)$'*2'
8$)8& ' "2)*$#-"&2.+1$< '01>*2&# ' $1$?$2-&# ' :*2(.?$2-.1$# ' $2 ' $#-$ ' -"C& ' ($ ' )*1-&#E'
)&?&'1.')&?*2"62E'1.'-$&:.>".'=&'"2>$#-"62':">*,.(.'($1'("&#@E'$1'+.2F*$-$')&?J2'
$2-,$ ' 1&# ' ?"$?+,&# ' F*$ ' :&,?.+.2 ' 1. ' .#&)".)"62 ' ($1 ' )*1-& ' ; ' $2 ' >$2$,.1 ' 1. ' C,&C".'
)&2)$C)"62 ' ($1 ' +.2F*$-$ ' ?"#-L,")&E ' -*B"$,&2 ' *2. ' "2:1*$2)". ' ($#-.).(. ' $2 ' $1'
),"#-".2"#?&E'(&2($':*$,&2'.(.C-.(&#';'-,.2#:&,?.(&#'($2-,&'($'#*'C,&C"&'("#)*,#&<'
01>*2&#'-L,?"2&#')&?&'1&#'($ 'B2;/%/' =)&2&)"?"$2-&@E '59/(8.%'2' =?"#-$,"&@E '/'6-F"#
=#.+"(*,K.@E '7V.%'/' =#$%&,@ ' ; '/'(8.' =#.1B.(&,@E ' F*$ ' $,.2 ' :,$)*$2-$# ' $2 ' 1&# ' )*1-&#'
C.>.2&#E'($#$?C$%.2'*2'C.C$1'"?C&,-.2-$'$2'1.#'$CK#-&1.#'C.*1"2.#';'$2'-&(.'1.'
-,.(")"62'$)1$#"H#-").'C&#-$,"&,<'h.#-.'$1'-L,?"2&':*2(.?$2-.1'($'p)&2B$,#"62q'$#-H'

))&

-&?.(&'($'b1.-62E'C.,.'F*"$2'1.'.)$C-.)"62'($'*2.':"1&#&:K.'#">2":").+.'$2'C,"?$,'
1*>.,'*2').?+"&',.(").1'($'B"(.<

31&'$4#+0%51'/#'%1$*2.&0%?%)%/&/#+

]&'C*$($'($)",#$'1&'?"#?&'($'1.'"2)"($2)".'($1'),"#-".2"#?&'#&+,$'1.')*1-*,.'
>,"$>.E'F*$'#"$?C,$')&2#"($,6'$c-,.%.'1.'2*$B.'(&)-,"2.'$'"2"2-$1">"+1$'*2'?$2#.I$'
F*$ ' )&2-,.B$2K. ' $2 ' ?*)8&# ' .#C$)-&# ' .1>*2&# ' ($ ' 1&# ' C.-,&2$# ' ; ' $#F*$?.#'
:*2(.?$2-.1$# ' ($ ' 1. ' ?$2-.1"(.( ' 8$1L2").< ' A$#*1-. ' #">2":").(& ' . ' $#-$ ' ,$#C$)-& ' $1'
:,.).#&'($'R.2'b.+1&'$2'0-$2.#E')*;&'.*("-&,"&'$2)&2-,6')&?C1$-.?$2-$'.+#*,(.#'$'
"2)&?C,$2#"+1$#'.:",?.)"&2$#'-.2'-.I.2-$#')&?&'$1'.2*2)"&'($'1.',$#*,,$))"62'($'1&#'
?*$,-&#<'!$'8$)8&E'2&'$c"#-"6'2*2).'*2.')&?*2"(.('),"#-".2.'($',$1"$B$'$2'1&'F*$'
C&(,K.?&#')&2#"($,.,'$1')&,.362'($'1.'B"$I.'N,$)".E'$2-$2("$2(&'C&,'-.1'$1')&2-"2$2-$'
8$1L2")& ' ; ' 1.# ' "#1.#E ' ;. ' F*$ ' 1&# ' C,"2)"C.1$# ' )$2-,&# ' ($ ' 1. ' a,"#-".2(.( ' .2-">*. ' ($'
1$2>*. ' >,"$>. ' :*$,&2 ' )"*(.($# ' )&?& ' a&2#-.2-"2&C1.E ' 02-"&F*K.E ' 7$,*#.1L2 ' ;'
01$I.2(,K.E ' )"*(.($# ' $2 ' 1.# ' F*$ ' 1. ' )*1-*,. ' >,"$>. ' #$ ' 8.+K. ' $2-,$?$3)1.(&'
C,&:*2(.?$2-$')&2'&-,.#'($'C,&)$($2)".'"2(K>$2.'*'&,"$2-.1E'C$,&'2&E'$2').?+"&E'
0-$2.#E'(&2($'1.#'$#)*$1.#':"1&#6:").#')&2-"2*.,&2'1.,>&'-"$?C&'$2'C1$2.'.)-"B"(.('
8.#-.'#*')"$,,$'($:"2"-"B&'C&,'&,($2'($1'$?C$,.(&,'7*#-"2".2&'$2'$1'#">1&'i5'(<a<'4#-.'
C.,-")*1., ' ,$#"#-$2)". ' >,"$>. ' .1 ' ),"#-".2"#?& ' .C.,$)$ ' "1*#-,.(. ' $2 ' 8$)8&# ' -.2'
$?+1$?H-")&#')&?&'1.'C$-")"62'($1'>&+$,2.(&,'"?C$,".1'($'1.'C,&B"2)".'($'0).;.'=$#'
($)", ' N,$)".@ ' C.,. ' F*$ ' $1 ' $?C$,.(&, ' a&2#-.2-"2& ' 2& ' 8")"$,. ' $:$)-"B. ' $2 ' #*'
)",)*2#),"C)"62'#*'C,&8"+")"62'($'1&#'#.),":")"&#'2&)-*,2&#<'4#'">*.1?$2-$'#">2":").-"B&'
$1'8$)8&'($'F*$'.'C$#.,'($'1.'),$.)"62'#"#-$?H-").'($'*2'"?C$,"&'),"#-".2&'(*,.2-$'$1'
#">1&'i5'(<aE'#$'),$;$,.'-&(.BK.'2$)$#.,".'$2'N,$)".'*2.')&2B$,#"62'$2'?.#.'$2'
C1$2&'#">1&'5d'(<a<
01'">*.1'F*$'#*)$(K.')&2'$1'I*(."#?&E'$c"#-K.2'"?C&,-.2-$#'(":$,$2)".#'$2-,$'
1&# ' C,$#*C*$#-&# ' +H#")&# ' ($ ' 1. ' ?$2-.1"(.( ' >,"$>. ' ; ' ?*)8.# ' ($ ' 1.# ' .)-"-*($# ' ;'
),$$2)".#'),"#-".2.#<'D.#'#$B$,.#'),K-").#'B$,-"(.#'C&,'$1'),"#-".2"#?&')&2-,.'1&#'?"-&#'
; ' )*1-&# ' -,.(")"&2.1$# ' 8$1L2")&# ' )&2#-"-*K.2 ' ;. ' ($ ' C&, ' #K ' *2. ' +.,,$,. ' ).#"'
"2:,.2F*$.+1$ ' C.,. ' $1 ' ?*-*& ' $2-$2("?"$2-&< ' D.# ' ),K-").# ' B$,-"(.# ' C&, ' .1>*2&#'
C$2#.(&,$#'>,"$>&#')&?&'7$26:.2$#'#&+,$'1.'$2($+1$'?&,.1'($'1&#'("&#$#'$2'1&#'
C&$?.#'8&?L,")&#'2&'#&).B.,&2'#*'C,$(&?"2"&')*1-*,.1';'?&,.1<'R"2'$?+.,>&E'(")8.'
C&#-*,. ' .1).236 ' .8&,. ' )&2 ' 1&# ' .C&1&>"#-.# ' ),"#-".2&# ' *2&# ' -L,?"2&# ' ($ ' >,.2'
B",*1$2)".'"2)1*#"B$'$2-,$'.F*$11&#'F*$E')&?&'7*#-"2&'&'a1$?$2-$'($'01$I.2(,K.E'#$'
8.+K.2 ' ?&#-,.(& ' C.,-"(.,"&# ' ($1 ' $2-$2("?"$2-& ' $2-,$ ' .?+&# ' ?*2(&# ' ; ' 2& ' $,.2'
,$.)"&# ' .' ,$)&2&)$, ' #* ' ($*(. ')&2 ' 1. '#.+"(*,K. ' C.>.2.< ' D&# ' ),"#-".2&# ' ?&#-,.,&2'
.($?.#'*2.'C.,-")*1.,'"2-&1$,.2)".'$2'$#-$'-$,,$2&E';.'F*$'-.?+"L2'1$#'?&1$#-.+.'
$#C$)".1?$2-$'1.'.+*2(.2)".'($'$#-.-*.#')&2#.>,.(.#'.'1&#'("&#$#'F*$'11$2.+.2'1.#'
H>&,.# ' ; ' -$?C1&# ' ($ ' 1.# ' )"*(.($# ' >,"$>.#E ' )&2#"($,.(.# ' C&, ' $11&# ' ?$,&# ' K(&1&#E'
)&?&',$B$1.'$1'?.1$#-.,'F*$'R.2'b.+1&'$cC$,"?$2-6'(*,.2-$'#*'$#-.2)".'$2'0-$2.#'
p.1'B$,'1.')"*(.('11$2.'($'K(&1&#qE'#$>J2'#$',$1.-.'$2'1&#'h$)8&#'($'1&#'0C6#-&1$#<'
!$'8$)8&E'1&#'.C&1&>"#-.#'),"#-".2&#')&2#"($,.+.2'1.'"(&1.-,K.'1.':*$2-$'($'-&(&#'1&#'
B")"&#E'#*C,"?"$2(&'.#K'($'*2'>&1C$'*2&'($'1&#'.#C$)-&#'+H#")&#'($'1.')&2)$C)"62'

))'

>,"$>.'($'1.'("B"2"(.(E')&?&'$,.'#*'C1.#?.)"62'$2'"?H>$2$#'p.'1.'?$("(.'8*?.2.q'
.'1.'B"#-.'($'-&(&#'.'-,.BL#'($'1.#'$#C1L2("(.#',$C,$#$2-.)"&2$#'($'1&#'("&#$#'F*$'
$,.2'&+I$-&'($')*1-&'$2'-$?C1&#';'#.2-*.,"&#<'D&#'),"#-".2&#')&2($2.+.2'-.?+"L2'1&#'
$#C$)-H)*1&#'-$.-,.1$#'F*$'-.2-.'"?C&,-.2)".'($#$?C$%.+.2'$2'1.'B"(.')&?*2"-.,".'
($'1.#')"*(.($#'>,"$>.#<'T.?C&)&',$#*1-.+.')&2>$2".+1$'1.'$#-,")-.'?&,.1'),"#-".2.'
)&2',$1.)"62'.1')*$,C&E'F*$'$c.1-.+.'1.'B",>"2"(.(E')&2'1.',$1.-"B.'($#"28"+")"62'($'1.#'
)&#-*?+,$#'>,"$>.#'$2'$#-$'-$,,$2&E'.'1.'B"#-.'($'1.#'2*?$,&#.#'?*$#-,.#'C")-6,").#'
#&+,$')$,H?").'F*$',$C,$#$2-.2'$#)$2.#'&#-$2#"+1$#'($'#$c*.1"(.(<
a&2-,.#-.+.2'-.?+"L2'.#C$)-&#':*2(.?$2-.1$#'($'1.'L-").'F*$'-$2K.2'F*$'B$,'
)&2'1.')&2#"($,.)"62';',$#C$-&'8.)".'$1'C,6I"?&E'*2').?C&'$2'$1'F*$'1.'?$2-.1"(.('
>,"$>.'#$'C$,?"-K.'*2.'#$,"$'($'1")$2)".#';'p($#)*"(&#q'F*$'$#).2(.1"3.+.2'$1',K>"(&'
)6(">&'($')&2(*)-.'?&,.1'),"#-".2&<'0#KE'C&,'$I$?C1&E'1.'C,H)-").'($'1.'B$2>.23.E'
C$,:$)-.?$2-$ ' ,$)&2&)"(. ' )&?& ' ?&-"B& ' ($ ' .))"62 ' I*(")".1 ' $2 ' 1&# ' -,"+*2.1$#'
.-$2"$2#$#E')&2-,.#-.+.'.+"$,-.?$2-$')&2'1.'(&)-,"2.'($1'C$,(62'&')&2'1.':6,?*1.'
-&(.BK. ' ?*)8& ' ?H# ' >$2$,&#. ' ($ ' pC&2$, ' 1. ' &-,. ' ?$I"11.qE ' )&?C&,-.?"$2-&# ' F*$'
8.+,K.2 ' ,$#*1-.(& ' ($1 ' -&(& ' "2.#*?"+1$# ' ; ' 8.#-. ' )&?C1$-.?$2-$ ' .+#*,(&# ' C.,. ' 1.'
?.;&,". ' ($ ' 1&# ' >,"$>&#< ' 41 ' ),"#-".2"#?& ' 8.+K. ' ,$(*)"(& ' .($?H# ' ($ ' ?.2$,.'
#">2":").-"B.'1.#'+.,,$,.#'$c"#-$2-$#'$2'$1'"2-$,"&,'($'1.'#&)"$(.('8*?.2.'F*$'8.#-.'
$2-&2)$#'8.+K.2'#"(&')&2#"($,.(.#')&?&'C,H)-").?$2-$'"2:,.2F*$.+1$#E')&?&'1.#'
(":$,$2)".# ' $2-,$ ' >,"$>&# ' ; ' +H,+.,&#E ' "2("B"(*&# ' 1"+,$# ' ; ' $#)1.B&# ' * ' 8&?+,$# ' ;'
?*I$,$#< ' D&# ' >,"$>&#E ' .($?H#E ' #$2-K.2 ' *2 ' ($#"2-$,L# ' C,&B$,+".1 ' C&, ' *2. ' (&)-,"2.'
2*$B.'F*$'2&')&2-.+.')&2'.B.1$#'#*:")"$2-$#'($'>.,.2-K.'C&,'1&'F*$'.'#*'.2-">l$(.('
,$#C$)-.+.E')&2:,&2-.(&#'#&+,$'-&(&')&2'1&#'($'1.'C,&C".')*1-*,.'>,"$>.E'F*$'#K'#*C&'
,$)&2&)$, ' .1>J2 ' ($#-$11& ' ($ ' .(?",.)"62 ' C&, ' &-,.# ' )*1-*,.# ' ?H# ' ?"1$2.,".# ' )&?&'
4>"C-&E'b$,#".'&'1.'52(".<'4#-.')",)*2#-.2)".'C,&?&B"6'1.'C&1L?").E'C,"?$,&')&2'1&#'
.*-&,$#'I*(K&#';'($#C*L#')&2'1&#'),"#-".2&#E'$?C$%.(&#'$2'($?&#-,.,'.'-&(.')&#-.'.'
1&#'"2),L(*1&#'>,"$>&#'1.'?.;&,'.2-">l$(.('($'#*#'),$$2)".#';'8.#-.'1.'($C$2($2)".'
#$,B"1'($'1&#'C,"2)"C.1$#'C$2#.(&,$#';'C&$-.#'($'N,$)".')&2',$1.)"62'.'1&#'C,&:$-.#'
8$+,$&#')&?&'0+,.8.?'&'S&"#L#<
52)1*#& '1. 'C,&C". ':&,?. '($ '$cC,$#"62 '1"-$,.,". 'F*$ '(.+. ' ).+"(. ' . '1.# ' "($.#'
$cC$,"?$2-6 ' *2 ' C,&:*2(& ' ).?+"& ' )&2 ' $1 ' -,"*2:& ' ($1 ' ),"#-".2"#?&< ' D. ' -,.(")"62'
"2-$1$)-*.1'>,"$>.',$)8.3.+.'1.':&,?.'(&>?H-").'($1'-,.-.(&';'#$'"2)1"2.+.'?H#'+"$2'
.':.B&,'($'1.'("#)*#"62'.+"$,-.';'$1'("H1&>&'_,$)*L,($#$'F*$'2&'$2'B.2&'L#-$'$#'$1'
-L,?"2&'F*$'($#">2.'1.#'&+,.#'($'b1.-62_E'F*$'"?C1").+.2'*2'$#CK,"-*'($'-&1$,.2)".'
F*$ ' $2 ' +*$2. ' ?$("(. ' "?C,$>26 ' ).#" ' #"$?C,$ ' $1 ' ($+.-$ ' "2-$1$)-*.1 ' $2 ' $1 ' ?*2(&'
>,"$>&<'41',$#C$-&'($'1.#'&C"2"&2$#'.I$2.#';'$1',$)&2&)"?"$2-&'($1'($,$)8&'.1'$,,&,E'
#"2'F*$'$11&'#">2":").,.'$c)1*",'$1',">&,'$2'1.'C&1L?").';'.'B$)$#'*2.')"$,-. '",&2K.'
),"-").E':*$,&2'1.#'2&,?.#'"?C$,.2-$#')&2')&2-.(.#'$c)$C)"&2$#<'42').?+"&E')&2'1.'
11$>.(.'($1'),"#-".2"#?&'#$'.(&C-6'1.':&,?.'($1'-,.-.(&E'F*$'$c)1*K.'1.')&2:,&2-.)"62'
C.)K:").'($'1&#'(":$,$2-$#'#"#-$?.#'($'C$2#.?"$2-&'C.,.'(.,'C.#&'.'*2.'.*-L2-").'
>*$,,.'"($&16>").'$2'1.'F*$'1.'B$,(.(',$B$1.(.E'"",,$:*-.+1$'C&,'($:"2")"62E'#$'&C&2K.'
B")-&,"&#. ' #&+,$ ' $1 ' $,,&, ' ("#"($2-$E ' &+1">.2(& ' ($ ' ?.2$,. ' )1.,. ' . ' 1&# ' 1$)-&,$# ' .'
($).2-.,#$ ' )&2 ' :",?$3. ' ; ' )*"(.(& ' ($1 ' +.2(& ' .($)*.(& ' $2 ' 1*>., ' ($ ' "2B"-.,1$# ' .1'
($+.-$ ' "2-$1$)-*.1E ' .*2F*$ ' :*$,. ' *-"1"3.2(& ' *2. ' )"$,-. ' -,.?C. ' F*$ ' $2).?"2.+.'
#*-"1?$2-$'.1'&;$2-$'8.)".'1.'-$#"#'C.,-"("#-.'$cC*$#-.E')&?&'&)*,,K.'$2'$1'-$,,$2&'($'
1.':"1&#&:K.'>,"$>.<
4#-$'$#CK,"-*'($'-&1$,.2)".').,.)-$,"3.+.'">*.1?$2-$'1.#'.)-"-*($#',$1">"&#.#'($'
1&#'>,"$>&#E'C,$#-&#').#"'#"$?C,$'.',$)&2&)$,'$2'1.#'("B"2"(.($#'.I$2.#'-,.(*))"&2$#'

))(

1&).1$#E'.'B$)$#'$#-,.:.1.,".#';'+.I&'*2'2&?+,$'("#-"2-&E'($'*2'("&#'?H#':.?"1".,'F*$'
;. ' :&,?.+. ' C.,-$ ' ($1 ' C.2-$62 ' 8$1L2")& ' =1& ' F*$ ' #$ ' ($2&?"2. ' )&?& ' 1. ' :.?&#.'
%2().6.)("(%' # B.")*"@E ' & ' . ' .(&C-.,1. ' $2 ' #* ' "2-$,"&, ' #"2 ' ?H# ' C,$H?+*1&# ' #" ' 1&'
)&2#"($,.+.2'2$)$#.,"&'C&,'8.+$,',$)&2&)"(&'$2'#*')*1-&'&'$2'#*#'?.2":$#-.)"&2$#'
*2'-"C&'($'C&($,'F*$':.1-.+.'$2'#*#'(&?"2"&#'&'F*$'#$'8.11.+.',$C,$#$2-.(&'$2'L1'($'
:&,?. ' "2)&?C1$-.< ' a.(. ' )"*(.( ' 8&2,.+. ' ; ' B$2$,.+. ' . ' ($-$,?"2.(&# ' ("&#$# ' .'
F*"$2$# ' ($?.2(.+. ' 1. ' #.-"#:.))"62 ' ($ ' #*# ' 2$)$#"(.($# ' ; ' 1. ' C,&-$))"62 ' ($ ' #*'
-$,,"-&,"&<'b$,&')*.2(&'*2.')"*(.('.?C1".+.'#*#'8&,"3&2-$#E'#$'$c-$2(K.'">*.1?$2-$'
1.'>.?.'($')*1-&#',$1">"&#&#'F*$'C&(K.'.+,.3.,E')&?&'#*)$("6'$2'$1').#&'($'0-$2.#E'
)*.2(&'#*'$cC.2#"62 '8.)".'$1'2&,-$'($1'4>$&'1$'C*#&'$2')&2-.)-&')&2'1.')*1-*,.'
-,.)".' ;'$1' )*1-& '($'1.' ("&#.'"2(K>$2.' \$2("#E' F*$ ':*$' 1*$>& '.(&C-.(. '($2-,&' ($1'
C.2-$62'.-$2"$2#$<'0'B$)$#'$,.2'*2.#')",)*2#-.2)".#'$#C$)".1$#'1.#'F*$'"?C*1#.+.2'
1.'.(&C)"62'($'*2'2*$B&')*1-&E ')&?&'#*)$("6'-.?+"L2'$2'0-$2.#')&2'?&-"B&'($1'
$2:,$2-.?"$2-&')&2'1&#'C$,#.#')*.2(&'#$'.(&C-6'$1')*1-&'($'b.2E'F*"$2'#$>J2'1.'
),$$2)". ' b&C*1., ' 8.+K. ' ($#$?C$%.(& ' *2 ' C.C$1 ' ).C"-.1 ' $2 ' 1. ' B")-&,". ' ($)"#"B. ' ($'
S.,.-62E'-.1';')&?&'$1'C,&C"&'("&#'1$'8.+K.'.2*2)".(&'.1':.?&#&'M"1KC"($#')*.2(&'
)&,,K.'8.)".'4#C.,-.'.'#&1")"-.,'1.'.;*(.'2$)$#.,".'&')*.2(&'$2'1.'J1-"?.'C.,-$'($1'
#">1& 'i ' .<a< ' #$ ' )&2#"($,6 ' )&2B$2"$2-$ ' "2-,&(*)", ' $1 ')*1-& ' ($ ' *2 ' ("&# '($ ' 1. ' #.1*(E'
0#)1$C"&E'($+"(&'.1'C,&:*2(&'"?C.)-&'C,&B&).(&'C&,'1.'C$#-$'F*$'.#&16'1.')"*(.('
(*,.2-$'1.'>*$,,.'($1'b$1&C&2$#&<']&'$c"#-K.'-.?C&)&'2"2>J2'.:H2'($'C,&#$1"-"#?&'
$2'1.'),$$2)".'($'F*$'1.'#*;.'$,.'1.'J2").',$1">"62'B$,(.($,.<'D&'8.+"-*.1'$,.'F*$'*2'
>,"$>&',"2("$,.')*1-&'.'1&#'("&#$#'($'*2'C.K#')*.2(&'#$'8.11.+.'$2'#*'-$,,"-&,"&';'$,.2'
:,$)*$2-$#'$2'0-$2.#'1&#')*1-&#'.I$2&#'C,.)-").(&#'C&,'1&#'2*?$,&#&#'$c-,.2I$,&#'
F*$'8.+"-.+.2'1.')"*(.('$2'#*#'?&?$2-&#'($'?.;&,'$#C1$2(&,')&?$,)".1E'#"'+"$2'2&'
#$'C$,?"-K.'F*$'(")8&#')*1-&#'"2-$,:","$#$2'$2'1.'8&?&>$2$"(.(',$1">"&#.'($'1.')"*(.(E'
F*$(.2(& ' ,$#-,"2>"(&# ' .1 ' #"?C1$ ' H?+"-& ' C,"B.(&< ' !")8. ' #"-*.)"62 ' )&2-,.#-.+.'
.+"$,-.?$2-$')&2'1.'.)-"-*('),"#-".2.'-$2($2-$'8.)".'1.'"?C&#")"62'*2":&,?$E')*.2(&'
1$':*$'C&#"+1$E'($'*2'J2")&')*1-&';'*2.'#&1.'),$$2)".')&2#"($,.(.'B$,(.($,.<
D.')&2B$,#"62'($1'$?C$,.(&,'a&2#-.2-"2&'.1'),"#-".2"#?&'$2'$1'QUO'(<a<'"2")"6'
*2'C,&)$#&'($'C,&:*2(&#').?+"&#'$2'$1'?*2(&'>,"$>&'F*$'.:$)-.,&2'">*.1?$2-$'.1'
,$#-& ' ($1 ' "?C$,"& ' ,&?.2&< ' D.# ' C$,#$)*)"&2$# ' )&2-,. ' 1&# ' ),"#-".2&# ' )$#.,&2 ' ;'
)&?$236 ' . ' &C$,.,#$ ' *2 ' ).?+"& ' #">2":").-"B& ' $2 ' $1 ' ($#-"2& ' :"2.1 ' ($ ' 1&# ' ,$)*,#&#'
"?C$,".1$#E ' F*$ ' "+.2 ' .8&,. ' . ' C.,., ' ).(. ' B$3 ' ?H# ' 8.)". ' 1. ' 5>1$#".< ' D&# ' )*1-&#'
($2&?"2.(&# ' C.>.2&# ' $?C$3.,&2 ' . ' #*:,", ' 1.# ' )&2#$)*$2)".# ' ($ ' *2. ' 1$>"#1.)"62'
8&#-"1 ' )&2-,. ' 1&# ' #.),":")"&# ' 2&)-*,2&#E ' $2 ' 1. ' "($. ' ($ ' F*$ ' C&(K.2 ' ,$C,$#$2-., ' *2'
C$1">,&'C&-$2)".1')&2-,.'1.'$#-.+"1"(.('($1'$#-.(&';'($'1&#'C.,-")*1.,$#<'D&#'#.),":")"&#'
-,.(")"&2.1$#':*$,&2'C,&8"+"(&#'$2'$1'QZU';'#$'(")-.,&2'#$B$,.#'?*1-.#'C.,.'-&(&#'
.F*$11&#'&:")".1$#'($1'"?C$,"&'F*$'8")"$,.2'1.'B"#-.'>&,(.'.1',$#C$)-&<'D&#'C,&C"&#'
#.2-*.,"&#'$cC$,"?$2-.,&2'-.?+"L2'1.#')&2#$)*$2)".#'.1'#$,'$2'?*)8&#').#&#'1.'
#$($'($'.F*$11.#'C,H)-").#')&2#"($,.(.#'.8&,.'"1$>.1$#<'42'1&#'.%&#':"2.1$#'($1'#">1&'
5i'(<a<'1.#'.>,$#"&2$#'),"#-".2.#')&2-,.'1&#'#.2-*.,"&#'C.>.2&#'#$'"2),$?$2-.,&2'($'
:&,?. ' 2&-&,". ' . ' 2"B$1 ' 1&).1E ' #&+,$ ' -&(& ' (&2($ ' $c"#-K.2 ' -&(.BK. ' )&?*2"(.($# ' )&2'
)"$,-.':*$,3.E')&?&'$2'0C.?$.'($'R",".E'(&2($'$1'-$?C1&'($'9$*#':*$'($#-,*"(&'.'
"2#-.2)".# ' ($1 ' &+"#C& ' 1&).1E ' F*$ ')&2-6 ' .($?H# ' )&2 ' 1.' )&1.+&,.)"62 ' ($ ' 1.# ' -,&C.#'
"?C$,".1$#E'&'$2'01$I.2(,K.E'(&2($'$1'#.2-*.,"&'($'R$,.C"#':*$'.,,.#.(&';'#.F*$.(&'
C&, ' *2. ' ?*1-"-*( ' $2:$,B&,"3.(.< ' 4#-&# ' .+*#&# ' ),"#-".2&# ' $2 ' )&2-,. ' ($ ' 1&#'
?&2*?$2-&# ' ,$1">"&#&# ' >,"$>&# ' #$ ' .),$)$2-.,&2 ' -&(.BK. ' ?H# ' $2 ' $1 ' #">1& ' i ' (<aE'
.?C.,.(&#'"2)1*#&'$2'*2'($),$-&'"?C$,".1'($1'^QV<'41'?+9('2'=$#C.)"&'"2.))$#"+1$'.1'

)!*

C,&:.2&@'($1'-$?C1&'($'0C&1&'$2'!$1:&#'=$1'1*>.,'(&2($'-$2K.'1*>.,'1.'.)-"B"(.('($'1.'
b"-". ' ; ' #$ ' 8.11.+.2 ' 1&# ' C,"2)"C.1$# ' #K?+&1&# ' #.>,.(&#@ ' :*$ ' ($#-,*"(& ' ($ ' :&,?.'
#"#-$?H-").';'#$'>,.+.,&2'),*)$#'#&+,$'.1>*2&#'($'1&#'$(":")"&#'?H#'$?+1$?H-")&#'
($1'#.2-*.,"&<'e-,&#')&,,"$,&2'-&(.BK.'C$&,'#*$,-$'.1'F*$(.,',$(*)"(&#'.'#$,B",')&?&'
#"?C1$ ' ).2-$,. ' ($ ' ?.-$,".1$# ' #*2-*.,"&# ' ($ ' )&2#-,*))"62 ' C.,. ' 2*$B&# ' $(":")"&#'
#.>,.(&# ' ),"#-".2&#E ' )&?& ' $2 ' g:$#&E ' (&2($ ' 1. ' ">1$#". ' ($ ' R.2 ' 7*.2 ' #$ ' )&2#-,*;6'
C.,)".1?$2-$')&2'?.-$,".1$#'C,&)$($2-$#'($1':.?&#&'-$?C1&'($'n,-$?"#E'F*$'8.+K.'
:">*,.(&'2.(.'?$2&#'F*$'$2-,$'1.#'#"$-$'?.,.B"11.#'($'1.'02-">l$(.(<'e-,&#E'$2':"2E'
,$#*1-.,&2 ' #$2)"11.?$2-$ ' .+.2(&2.(&# ' .1 ' #$, ' )&2#"($,.(&# ' 1*>.,$# ' 8.+"-.(&# ' C&,'
($?&2"&#<
D&# ' J2")&# ' -$?C1&# ' F*$ ' #$ ' #.1B.,&2 ' ($ ' 1. ' F*$?. ' ; ' 1. ' ($#&1.)"62 ' :*$,&2'
.F*$11&# ' F*$ ' .).+.,&2 ' ,$)&2B$,-"(&# ' $2 ' ">1$#".#E ' )&?& ' $1 ' C,&C"& ' b.,-$262 ' $2'
0-$2.#E'.1'F*$'#$'1$'.%.("6'*2'H+#"($'F*$'&+1">6'.',$-",.,'$2'C.,-$'$1':,"#&'&,"$2-.1';'
1.# ' :">*,.# ' )$2-,.1$# ' ($1 ' ?"#?& ' :,&2-62E ' 11$>.2(& ' . ' ?*-"1.,#$ ' ($1"+$,.(.?$2-$ ' 1.'
?.;&,'C.,-$'($'1.#'?$-&C.#E'&'$1'-$?C1&'($'h$:$#-&E'#"-*.(&'$2'$1'.>&,.'($'1.'?"#?.'
)"*(.(E'(&2($'-&(.BK.'#$'C*$($2'.C,$)".,'$2'1.'.)-*.1"(.('#*#'$:$)-&#'$2'1.'+6B$(.'
;'$1'H+#"($E'F*$'#$')&2#-,*;$,&2'C.,.'-,.2#:&,?.,1&'$2'1.'">1$#".'($'R.2'7&,>$<'D.'
#"-*.)"62 ' ($ ' $c-,$?. ' C,$).,"$(.( ' C&, ' 1. ' F*$ ' .-,.B$#.+.2 ' 1. ' ?.;&, ' C.,-$ ' ($ ' 1&#'
#.2-*.,"&#'C.>.2&#'-,.(")"&2.1$#'#$'C&2$'($'?.2":"$#-&'$2'1.'.:",?.)"62'($1':"16#&:&'
2$&C1.-62")& ' b,&)1&E ' F*"$2E ' #$>J2 ' #$ ' )*$2-. ' $2 ' #* ' +"&>,.:K.E ' )*.2(& ' .)*("6 ' .1'
#.2-*.,"&'($'0#)1$C"&'#"-*.(&'$2'1.#'1.($,.#'($'1.'.),6C&1"#'($'0-$2.#'$2'+*#).'($'1.'
)*,.)"62'($'1.'8"I.'($'*2'.?">&E'"2(")6')&2',$#">2.)"62E'2&'C,$)"#.?$2-$'),"#-".2.E'
F*$'C&,'$2-&2)$#'#$'8.11.+.'C&,':&,-*2.'p-&(.BK.'#"2'#.F*$.,q<'!$'8$)8&E'.':"2.1$#'
($1'#">1&'i'(<a<'$1'-$?C1&':*$'#.F*$.(&';'$2'#*'1*>.,'#$'1$B.2-6'*2.'">1$#".'($(").(.'
.'R.2'02(,L#<'T.?C&)&'1.'1"-$,.-*,.'($)1.,.(.?$2-$'.2-"),"#-".2.')&,,"6'?$I&,'#*$,-$'
. 'I*3>., 'C&, '$1'-,"#-$ '($#-"2&'F*$ '#*:,"6 '1.'&+,. '($ 'b&,:","&E 'F*$':*$'F*$?.(.'$2'
CJ+1")&<'h.2'($#.C.,$)"(&'">*.1?$2-$'&-,.#'&+,.#'($'$#-.'?"#?.'-$2($2)".E')&?&'1.'
($1'-.?+"L2'2$&C1.-62")&'a$1#&E')*;.#'J2").#'8*$11.#'($'#*'$c"#-$2)".'C.,.'2&#&-,&#'
#&2'1.#'C*2-*.1$#'.)&-.)"&2$#'($'e,K>$2$#E'F*$'"2-$2-6',$:*-.,'#*')&2-$2"(&')&2'1.'
?$I&,'8&2$#-"(.(E')"-.2(&'.'?$2*(&'.'#*'.(B$,#.,"&<
42'$1'.%&'VOZ'$1'$?C$,.(&,'7*#-"2".2&'.C,$-6'-&(.BK.'?H#'1.#'-*$,).#'.':.B&,'
($1'),"#-".2"#?&')&2'*2'($),$-&'F*$'&,($2.+.'$1'+.*-"3&')&?&'),"#-".2&#'($'p-&(&#'
.F*$11&#'F*$'-&(.BK.'#$'.-$2K.2'.1'$,,&,'"?CK&';'?.1("-&'($'1&#'>,"$>&#qE'+.I&'1.'
.?$2.3. ' $2 ' ).#& ' )&2-,.,"& ' ($ ' F*$(., ' $c)1*"(&# ' ($ ' 1&# ' ).,>&# ' CJ+1")&# ' ; ' #$,'
"28.+"1"-.(&# ' )&?& ' ,$)$C-&,$# ' ($ ' -$#-.?$2-&< ' D.# ' .))"&2$# ' "?C$,".1$# ' ;'
$)1$#"H#-").#')&2-,.'1.#'),$$2)".#';'C,H)-").#'C.>.2.#'-,.(")"&2.1$#'#$'"2-$2#":").,&2'
.'1&'1.,>&'($1'#">1&'i5'(<aE')&?&'?*$#-,.'$1').#&'($1'&+"#C&'7*.2'($'g:$#&E'F*$'
.:",?.'8.+$,'+.*-"3.(&'$2'0#".'.'&)8$2-.'?"1':"$1$#';'8.+$,')&2#-,*"(&'2&B$2-.';'
#$"#'">1$#".#';'(&)$'?&2.#-$,"&#<']&')&,,"$,&2'?$I&,'($#-"2&'1.#'$#)*$1.#':"1&#6:").#E'
F*$':*$,&2')$,,.(.#'$2'$#$'?"#?&'.%&E'-.2-&'1.#'($'0-$2.#')&?&'1.#'($'01$I.2(,K.E'
C&,'*2'($),$-&'"?C$,".1<
41'+.1.2)$'2&'C.,$)$'.#K'$c)$#"B.?$2-$':.B&,.+1$'.'1.'B"#-.'($'1.#'.))"&2$#'
($)1.,.(.?$2-$'8&#-"1$#')&2-,.'$1'8$1$2"#?&';'#*#'#$%.#'($'"($2-"(.('$?C,$2("(.#'
C&, ' 1&# ' $?C$,.(&,$# ' ),"#-".2&# ' . ' C.,-", ' ($1 ' #">1& ' 5i ' (<aE ' )&2 ' -&(. ' #* ' 1.?$2-.+1$'
#$)*$1.'($'C,&8"+")"&2$#E'#.F*$&#E'.+.2(&2&#';'($#-,*))"&2$#E'.1>*2.#'($'$11.#'-.2'
($2&(.(.?$2-$'11$B.(.#'.').+&')&?&'$2'$1'#.2-*.,"&'($'!&(&2.E'(&2($'$1'H,+&1'
#.>,.(&'($'9$*#E'F*$'8.+K.'#&+,$B"B"(&'"2-.)-&'($#($'-"$?C&#'"2?$?&,".1$#'F*$'
,$?&2-.+.2'8.#-.'1&#'"2")"&#'($'1.'LC&).'.,).").E':*$'.,,.2).(&'($'#*#'?"#?K#"?.#'

)!)

,.K)$#E'F*$'C$2$-,.+.2').#"'$2'1.',&).<'D.'">2&,.2)".';'$1':.2.-"#?&'C,&C")".,&2';'
#$)*2(.,&2'(")8.#'"2")".-"B.#E'.'B$)$#')&2')&2#$)*$2)".#'-.2'(,.?H-").#';':$,&)$#'
)&?& ' $1 ' .#$#"2.-& ' ($ ' 1. ' :"16#&:. ' 2$&C1.-62"). ' .1$I.2(,"2. ' h"C.-".E ' 1"2)8.(.'
),*$1?$2-$'C&,'1.'?*1-"-*('.'"2#-.2)".#'($1'&+"#C&'1&).1<
R"2'$?+.,>&E'1.')*1-*,.'>,"$>.'"2#$,-.'$2'$1'),"#-".2"#?&'C,&(*I&'-.?+"L2'#*#'
:,*-&#E')&?&'1.'1"-$,.-*,.'C.-,K#-").'.'1&'1.,>&'($'1&#'#">1&#'5i';'i'(<a<'R">*"$2(&'1&#'
C.#&#'($'a1$?$2-$'($'01$I.2(,K.';'($'e,K>$2$#E'#$'($#.,,&116'1.'>,.2'1"-$,.-*,.'($'
$#-&# ' (&# ' #">1&# ' F*$ ' )&?C1$-6 ' $1 ' C,&)$#& ' ($ ' .+#&,)"62 ' ($ ' 1. ' )*1-*,. ' >,"$>. ' F*$'
.F*$11&#'(&#'+,"11.2-$#'C"&2$,&#'8.+K.2'"2")".(&'($':&,?.'($)"("(.<'!$#-.).2'$2'$#-$'
-$,,$2&'1.'&+,.'8"#-6,").'($'4*#$+"&'($'a$#H,$.E'F*$'"2#$,-6'$1'),"#-".2"#?&'($2-,&'
($'1.'8"#-&,".'*2"B$,#.1')&2'#*'G%/('.%"#)*&)/%?/(%*"E'F*$'-*B&'*2.'$2&,?$'(":*#"62';'
)&2B",-"6'1.'C&1L?").':">*,.'($'a&2#-.2-"2&'$2'*2'8L,&$'($'1.'8"#-&,"&>,.:K.')1H#").E'
.#K')&?&'1.'-,K.(.'($'1&#'>,.2($#'C.(,$#').C.(&)"&#E'\.#"1"&'$1'N,.2($E'N,$>&,"&'($'
]"#.';'N,$>&,"&'].)".2)$2&E'F*$'#*C"$,&2'B$,-$,'$1')&2-$2"(&'(&)-,"2.1'),"#-".2&'$2'
?&1($#')1H#")&#'-,.(")"&2.1$#')&2'*2.'>,.2'8.+"1"(.(E'(.(.'#*'C,$C.,.)"62'$2'$#-$'
-$,,$2&E';'.+&>.,&2'C&,'*2.'$(*).)"62'1"-$,.,".')1H#").')&?&'C.#&'C,$1"?"2.,'C.,.'$1'
$#-*("&'($'1.#'R.>,.(.#'4#),"-*,.#<'R*'C$,-$2$2)".'($'11$2&'.'1.')*1-*,.'>,"$>.'#$'
C&2$ ' ($ ' ?.2":"$#-& ' $2 ' 1. ' C,&-$#-. ' ($ ' N,$>&,"& ' ].)".2)$2& ' )&2-,. ' $1 ' ($),$-& ' ($'
7*1".2&'F*$'C,&8"+K.'.'1&#'),"#-".2&#'1.'$2#$%.23.'($'1.'1"-$,.-*,.')1H#").E'.)*#.2(&'
.1 ' $?C$,.(&, ' ($ ' 8.+$, ' ?&(":").(& ' :,.*(*1$2-.?$2-$ ' $1 ' #$2-"(& ' ($ ' 1. ' C.1.+,.'
p>,"$>&q'C.,.'.C1").,1.'.'1.',$1">"62'$2'1*>.,'($'.'1.'1$2>*.E')&2'1.':"2.1"(.('$cC,$#.'
($ ' $c)1*",1&# ' ($ ' *2. ' )&?*2"(.( ' ($ ' 1. ' F*$ ' #$ ' )&2#"($,.+.2 ' ?"$?+,&# ' ($ ' C1$2&'
($,$)8&<
D&#'"2-$2-&#'($'($#1"2(.,'1&#'$1$?$2-&#'C*,.?$2-$'>,"$>&#'($1'),"#-".2"#?&E'
)&2#"($,.(&#'"1$>K-"?&#';')&?C1$-.?$2-$'.I$2&#'.'1.'C*,$3.'($1'?$2#.I$'&,">"2.1'
$B.2>L1")& 'F*$ ').+K.',$)*C$,.,E' $?C,$2("(&#' C&, '1&# '$#-*("&#&#' C,&-$#-.2-$#E '#$'
,$?&2-.2'.1'?$2&#'.1'#">1&'di5';'.1).23.2'$2'#*#':&,?*1.)"&2$#'?$I&,')&2&)"(.#'1&#'
.%&#':"2.1$#'($1'#">1&'d5d')&2'1.#'-$#"#'($'h.-)8';'h.,2.)jE'F*$'C,$-$2(K.2',$#-"-*",'
1.'C*,$3.';'#"?C1")"(.('&,">"2.1'($1'?$2#.I$'$B.2>L1")&'C,"?"-"B&'$1"?"2.2(&'-&(&'1&'
F*$ ' C*("$,. ' ($1.-., ' )*.1F*"$, ' "2(")"& ' ($ ' 1. ' $#C$)*1.)"62 ' :"1&#6:"). ' >,"$>. ' $2 ' 1.'
(&)-,"2. ' ),"#-".2. ' .2-">*.< ' R"2 ' $?+.,>&E ' )&?& ' ;. ' #$ ' 8. ' ?$2)"&2.(& ' $2 ' &-,&#'
).CK-*1&#'C,$)$($2-$#E'1.#'$-"F*$-.#'($'p8$1$2"#?&qE'pI*(."#?&q';'p),"#-".2"#?&q'
2&',$C,$#$2-.+.2').-$>&,K.#'.+#&1*-.#'F*$',$#*1-.+.2'($1'-&(&'$c)1*;$2-$#'$2-,$'#K'
$2'*2'?*2(&'$2'$1'F*$'1.#'"($2-"(.($#'$,.2'?*)8&'?H#':,H>"1$#'$'"2-$,).?+".+1$#'
($ ' 1& ' F*$ ' #$ ' #*C&2$ ' $2 '1. ' .)-*.1"(.(< ' a&?& ' 8. '#$%.1.(& ',$)"$2-$?$2-$ ' A&1.2('
v.2;E ' *2 ' ),"#-".2"#?& ' )&?C1$-.?$2-$ ' ($#C,&B"#-& ' ($ ' $1$?$2-&# ' >,"$>&# ' F*$ ' #$'
8.+,K. ' "(& ' .+,"$2(& ' C,&>,$#"B.?$2-$ ' . ' 1. ' "2:1*$2)". ' ($ ' 1. ' )*1-*,. ' >,"$>. ' 2& ' 8.'
$c"#-"(& ' I.?H#< ' 41 ' I*(."#?& ' ($2-,& ' ($1 ' F*$ ' #*,>$ ' $1 ' ),"#-".2"#?& ' #$ ' 8.11.+. ' ;.'
C,&:*2(.?$2-$'"2-$>,.(&'($2-,&'($'1.')&?C1$I.'-,.?.'F*$')&2#-"-*;$'$1'8$1$2"#?&E'
+"$2',$-&?.2(&'.1>*2&#'($'#*#'$1$?$2-&#'("#-"2-"B&#E'+"$2')&2-,.C&2"L2(&#$'.'$11&#<'
41 ' ),"#-".2"#?& ' -$2(,H ' $2 ' $#-$ ' .#C$)-& ' *2 ' ($#-"2& ' #"?"1.,E ' ; ' C&, ' $11& ' 1.#'
)&2:">*,.)"&2$# ' ($ ' 1. ' ,$1.)"62 ' )&?C1$I. ' $2-,$ ' .?+&# ' ?*2(&# ' #&2 ' ("B$,#.# ' ;'
B.,".(.#';'#$'8.11.2'$2'($C$2($2)".E'.'B$)$#'$#-,$)8.E'($1'-"$?C&';'$1'1*>.,'$2'F*$'
#$'C,&(*I$,&2<'D&')"$,-&'$#'F*$',$#*1-.'($'-&(&'C*2-&'"2"?.>"2.+1$'*2'),"#-".2"#?&'
)&2B$,-"(& ' $2 ' ,$1">"62 ' *2"B$,#.1E ' (&-.(& ' ($ ' *2. ' &,>.2"3.)"62 ' ; ' *2. ' $#-,*)-*,.'
-$&16>").#';'$cC,$#.(&'$2'2*?$,&#.#'&+,.#'($'.C&1&>K.'&'C&1L?").')&2-,.'(&)-,"2.#'
8$,L-").#E ' #"2 ' 1. ' .C&,-.)"62 ' ($)"#"B. ' ; ' :*2(.?$2-.1 ' ($ ' 1. ' )*1-*,. ' >,"$>. ' F*$ ' 1$'
C,&C&,)"&26'1.#'8$,,.?"$2-.#'2$)$#.,".#'C.,.'11$B.,'.'+*$2'-L,?"2&'#*#'&+I$-"B&#<'

)!!

R"2'$?+.,>&E'2&')&2B"$2$'&1B"(.,'$1'$2&,?$'+.>.I$')*1-*,.1'($1'8$1$2"#?&'.#"?"1.(&'
$2 ' $1 ' )*,#& ' ($ ' $#-$ ' 1.,>& ' $ ' "2-$2#& ' C,&)$#&E ' ?.;&, ' $2 ' ?*)8&# ' ).#&# ' ($1 ' F*$'
?*)8&#'),"#-".2&#E'.2-">*&#';'?&($,2&#E'8.2'#"(&')&2#)"$2-$#q')&?&'$1'?"#?K#"?&'
-$61&>&'.1$?H2'h*>&'A.82$,'C.,$)$'?$("&'("#C*$#-&'.'.(?"-",<'R"2'(*(.'#$'-,.-.+.'
($ ' (&# ' )*1-*,.# ' ?*; ' (":$,$2-$# ' ; ' )&2-,.(")-&,".# ' $2-,$ ' #K ' $2 ' #*# ' C,$#*C*$#-&#'
:*2(.?$2-.1$#';'$2'#*':&,?.'($'B$,'$1'?*2(&'$2'>$2$,.1'&'($'"2-$,C,$-.,1&E'F*$'
)&2B$,-K.2 ' 1&# ' "2-$2-&# ' C&, ' )&2>$2"., ' ; ' $F*"1"+,., ' #*# ' (&# ' 1$>.(&# ' $2 ' *2. ' -.,$.'
)&?C1").(.';'(":K)"1'($#($'1&#'-"$?C&#'($1'>,.2'\.#"1"&'8.#-.'2*$#-,&#'(K.#<'k*"3H#E'
)&?& ' .C*2-. ' b$-$, ' N,$$2E ' $1' "2)1$?$2-$ 'T$,-*1".2& ' -$2K. ',.362 '($#C*L# ' ($ '-&(&'
)*.2(&')&2-,.C&2K.'($'?&(&'",,$?"#"+1$'7$,*#.1L2';'0-$2.#<

)!"

E,-23$-4")#43$-5-/'-(B/&B"'-3(()C#%&'/

<1'+#,41/*'.)&1*

A&?. ' )&2-"2*6 ' #"$2(&E ' . ' C$#., ' ($ ' #* ' ($#.C.,")"62 ' $:$)-"B. ' )&?& ' $2-"(.('
C&1K-").'.'C.,-",'($1'#">1&'i'(<aE'1.',$:$,$2)".')*1-*,.1'"2)*$#-"&2.+1$'($'-&(.'1.')*1-*,.'
$*,&C$.'C&#-$,"&,<'41'1.-K2'#$')&2B",-"6'$2'1.'1$2>*.'($')*1-*,.'"2-$,2.)"&2.1E'.1'?$2&#'
(*,.2-$'-&(.'1.'4(.('S$(".';'$1'A$2.)"?"$2-&E';'#$')&2#.>,6')&?&'1$2>*.'&:")".1'($'
1.'5>1$#".')&2'-&(&'$1'C&($,'($'"2:1*$2)".'F*$'$11&'#">2":").+.<'D&#'.*-&,$#'1.-"2&#'
)&2#-"-*K.2 '1.'1$)-*,. '8.+"-*.1 '$2'?*)8.# '$#)*$1.# '?$("$B.1$#E '#" '+"$2 '.C.,$)K.2'
.8&,.'-,.2#:&,?.(&#'-,.#')*,"&#.#'?$-.?&,:&#"#'$2'C,&:$-.#'($1'),"#-".2"#?&'&'$2'
8$)8")$,&#E ' )&?& ' 1$ ' #*)$("6 ' . ' i",>"1"&E ' & ' )&,,$#C&2#.1$# ' (",$)-&# ' ($ ' R.2 ' b.+1&E'
)&?&':*$'$1').#&'($'RL2$).<'D&#'2*$B&#')$2-,&#'($'C&($,E')&?&'a&2#-.2-"2&C1.'$2'
\"3.2)"& ' & '0.)8$2 ' $2 ' $1 ' "?C$,"& ' ).,&1"2>"&E ' 2*2). ' )&2#">*"$,&2 ' $2#&?+,$)$, ' $1'
C,$#-">"& ' *2"B$,#.1 ' ($ ' A&?.< ' D.# ' )"*(.($# ' $c8"+K.2 ' )&2 ' &,>*11& ' #*# ' &,K>$2$#'
,&?.2&#E')&?&'8"3&'1.'"-.1".2.'b.BK.'.1'.1+$,>.,')&?&',$1"F*".'$2'*2.'">1$#".'*2.'
"2#),"C)"62 ' ,&?.2. ' F*$ ' -$#-"?&2".+. ' (")8. ' )&2(")"62< ' D&# ' B"$I&# ' ?&2*?$2-&#'
,&?.2&#'.C.,$)K.2')&2#C")*.?$2-$',$#$%.(&#'$2'1&#'"-"2$,.,"&#'),"#-".2&#'F*$'#$'
$1.+&,.,&2'.'1&'1.,>&'($'1.'4(.('S$(".')&2'$1':"2'($':.)"1"-.,'1.'C$,$>,"2.)"62'8.)".'
A&?.')6?&').C"-.1'($'1.'a,"#-".2(.('&))"($2-.1<
R$'("$,&2')"$,-.?$2-$'.1>*2.#')*,"&#.#',$*-"1"3.)"&2$#';'.(.C-.)"&2$#E')&?&'
8.+K.'#*)$("(&')&2'1&#'>,.2($#'.*-&,$#E'($':&,?.'F*$'.1>*2.#'*,2.#')"2$,.,".#'#$'
)&2B",-"$,&2'($',$C$2-$'$2'C"1.#'($'.>*.'+$2("-.'&'(KC-")&#'($'?.,:"1')&2#*1.,$#'$2'
)*+"$,-.#'($'1&#'$B.2>$1"&#')&2'1&#'2&?+,$#'($'1&#')62#*1$#'-,.(*)"(&#'.1'#.2-&,.1<'
R"2'$?+.,>&E'C&,'$2)"?.'($'-&(&'#$'"?C&2K.'1.'#$2#.)"62'($')&2-"2*"(.(')&2'1&#'
B"$I&#'-"$?C&#E'*2.')",)*2#-.2)".'F*$'C&#"+"1"-.+.'.'1&#'2*$B&#'?.2(.-.,"&#')&?&'
a.,1&?.>2&'&'M$($,")&'55')&2#"($,.,#$'(">2&#'#*)$#&,$#'($'1&#'B"$I&#'$?C$,.(&,$#'
&'1.'*-"1"3.)"62'8.+"-*.1'($'1.'")&2&>,.:K.';'1&#'#K?+&1&#'C.>.2&#'$2'1.'($)&,.)"62'($'
1.# ' 2*$B.# ' )&2#-,*))"&2$# ' ),"#-".2.#< ' A&?. ' 8. ' #"(& ' #"$?C,$ ' 1. ' ,$:$,$2)".'
"2)&2-$#-.+1$'($').#"'-&(&#'1&#'>,.2($#'#*$%&#'"?C$,".1$#'C&#-$,"&,$#E'-.1';')&?&'
C*$($ ' .C,$)".,#$ ' $2 ' 1. ' C,&C". ' ($2&?"2.)"62 ' ($ ' ,&?.2&# ' F*$ ' .#*?"$,&2 ' 1&#'
+"3.2-"2&#'=.-'5"%'%@E'.'C$#.,'($'F*$'$,.2'1&#'8$,$($,&#'-$,,"-&,".1$#';')*1-*,.1$#'($1'

)!#

?*2(& ' >,"$>& ' .2-">*&E ' $2 ' 1. ' (":*#"62 ' ($1 ' -L,?"2& ' paL#.,q ' -,.#1.(.(& ' .1 ' .1$?H2'
=W"%/).@ ' & ' .1 ' ,*#& ' =0N".@ ' C.,. ' ($#">2., ' . ' #*# ' ,$#C$)-"B&# ' ?Hc"?&# ' ?.2(.-.,"&#'
C&1K-")&#E'$2'1.'.#*2)"62'($'1&#'#K?+&1&#E'-K-*1&#';')$,$?&2".#'C&,'C$,#&2.I$#')&?&'
].C&1$62E ' F*$ ' .C.,$)$ ' ,$C,$#$2-.(& ' ($ ' $#-. ' >*"#. ' $2 ' $1 ' )*.(,& ' ($ ' !.B"( ' F*$'
,$-,.-.'$1'?&?$2-&'($'#*')&,&2.)"62E'&'S*##&1"2"E'F*$'),$6'-&(.'*2.'C.,.:$,2.1".'
C,&C.>.2(K#-"). ' +.#.(. ' $2 ' 1. ' .2-">*. ' A&?.E ' & ' $2 ' 1. ' C$,B"B$2)". ' #">2":").-"B. ' ($'
"2#-"-*)"&2$#')&?&'$1'R$2.(&'$2'4#-.(&#'f2"(&#E')*;.').C"-.1E'o.#8"2>-&2E'#">*$'($'
)$,). ' $1 ' ?&($1& ' *,+.2K#-")& ' ; ' .,F*"-$)-62")& ' ($ ' 1. ' .2-">*. ' ).C"-.1 ' "?C$,".1 ' C&,'
.2-&2&?.#".<
N,$)".E ' #"2 ' $?+.,>&E ' .1 ' 1.(& ' ($ ' A&?.E ' &)*C6 ' ).#" ' #"$?C,$ ' *2. ' C&#")"62'
#$)*2(.,".'$2'1.').?+".2-$'("2H?").'($'1&#'$#-$,$&-"C&#')*1-*,.1$#'8.#-.'1&#'#">1&#'
di555';'d5dE'$2'1&#'F*$'$1'"($.1'>,"$>&')&?$236'.'.#*?",'$1'C.C$1'C,$C&2($,.2-$'
)&?&'?&($1&')*1-*,.1<'D.#',.3&2$#'($'$#-.'?.,>"2.)"62'#&2'$B"($2-$#<'42'C,"?$,'
1*>.,E'.1>&'-.2'#"?C1$')&?&'1.'#$2#.)"62'($'("#-.2)".')&2',$#C$)-&'.'N,$)".'F*$'#$'
8.+K.'),$.(&'C,"?$,&')&2'1.'("B"#"62'($1'"?C$,"&',&?.2&'$2'(&#'?"-.($#';'($#C*L#'
)&2 ' 1. ' :,.>?$2-.)"62 ' ,$1">"&#. ' ($ ' 1. ' a,"#-".2(.( ' -,.# ' $1 ' )"#?. ' ($ ' e,"$2-$< ' 4#-.'
#$C.,.)"62'#$'.8&2(6'.($?H#'C&#-$,"&,?$2-$'.').*#.'($'1.'?*-*.'">2&,.2)".';'($'
1.#'(":K)"1$#')",)*2#-.2)".#'C&1K-").#'F*$',$>*1.,&2'1.'8"#-&,".'($'1.#'(&#'C.,-$#E')&?&'
?*$#-,.2 ' 1&# ' -$,,"+1$# ' ?&?$2-&# ' B"B"(&# ' . ' )&2#$)*$2)". ' ($1 ' #.F*$& ' ($'
a&2#-.2-"2&C1. ' C&, ' 1&# '),*3.(&# ' $2 ' $1 ' .%& ' UOP^< ' R* ' 8"#-&,". 'F*$(6 ' ,$#*?"(. ' $2'
)*,"&#.# ' $cC1").)"&2$# ' $-"?&16>").# ' ($ ' 1&# ' 2&?+,$# ' ($ ' .2-">*&# ' ?&2.,).# ' ; ' $2'
1$;$2(.# ' "2B$,&#K?"1$# ' F*$ ' ?$3)1.+.2 ' ($ ' ?.2$,. ' )&2:*#. ' 1. ' >$&>,.:K. ' ; ' 1.'
),&2&1&>K.'?H#'$1$?$2-.1$#<'g#.'$#'.1'?$2&#'1.'"?.>$2'($'N,$)".'F*$'.C.,$)$'$2'
*2 ' C,&(*)-& ' 1"-$,.,"& ' -KC")& ' ($ ' 1. ' LC&). ' F*$ ' -*B& ' *2. ' >,.2 ' (":*#"62E ' )&?& ' 1.'
$2)")1&C$(".'($'R.2'5#"(&,&'($'R$B"11.<'42'#*'($#),"C)"62'.(F*"$,$2').#"'$1'?"#?&'
C$#&'$2-"(.($#'-.2'(":$,$2-$#')&?&'a.&2".'$2'$1'4C",&E')&2'*2.'8"#-&,".'?H#'+"$2'
$#).#. '-,.# '($ '#KE ';'\$&)".E '($ '?*)8. ' ?.;&, '($2#"(.( '$2 ' -&(&# ' 1&# '2"B$1$#E ' #$'
#"1$2)".2'C&,')&?C1$-&'1*>.,$#'-.2'$?+1$?H-")&#')&?&'!$1:&#'&'F*$(.2',$(*)"(.#'.'
*2.'#"?C1$'?$2)"62')"*(.($#')&?&'0-$2.#E'T$+.#'&'a&,"2-&<'4#&'#KE'#$'$cC1.;.'$2'
)*$#-"&2$# ' ($ ' K2(&1$ ' ?K-").E ')&?& ' 1. ' ,.362 ' ($ '1. ' $c"#-$2)". ' ($ ' 1&# ' )$2-.*,&# ' $2'
T$#.1".E'&'C.,.(&c&>,H:").E')&?&'1.'C,$#$2)".'($'*2.'C"$(,.'($2&?"2.(.'6")"2%()/#
$2'S.)$(&2".'&'$1'2.)"?"$2-&'($'*2&#'?",1&#'($')&1&,'+1.2)&'$2'0,).(".<'b*$($'
.:",?.,#$'"2)1*#&'F*$'N,$)".'11$>6').#"'.'($#.C.,$)$,'($'1&#'?.C.#'(*,.2-$'1.'4(.('
S$(". ' .1 ' )&2B$,-",#$ ' $2 ' *2 ' C.K# ' ($ ' )&2-&,2&# ' >$&>,H:")&# ' ?H# ' +"$2 ' +&,,&#&#'
,$)&,,"(&'C&,'-&C62"?&#'$c-,.%&#'$'"2)&?C,$2#"+1$#E'-.1';')&?&',$:1$I.'*2',$1.-&'($'
B".I$#'($':"2.1$#'($'1.'LC&).'-.2'C&C*1.,')&?&'$1'!%$.'#+)#&"/#5"."M%&&"/'($'7*.2'($'
S.2($B"11$E'C*+1").(&'$2'C1$2&'#">1&'d5i<
4#-$'($#)&2&)"?"$2-&'C,&B$,+".1'($1'-$,,"-&,"&'>,"$>&'#$')&2#&1"(6'.'1&'1.,>&'($'
1.'4(.('S$(".E';.'F*$'1.#'C&-$2)".#'&))"($2-.1$#'F*$'$I$,)"$,&2'#*'(&?"2"&'C.,)".1'
$2'1.'3&2.E')&?&':*$,&2'#*)$#"B.?$2-$':,.2)&#E').-.1.2$#E':1&,$2-"2&#E'B$2$)".2&#E'
>$2&B$#$# ' & ' ).+.11$,&# ' ($ ' A&(.#E ' .C$2.# ' ?&#-,.,&2 ' 2"2>J2 ' "2-$,L# ' $2 ' $1'
)&2&)"?"$2-&'($1'-$,,"-&,"&E'.C.,-$'($'#*#'$#-,")-.#'2$)$#"(.($#'($').,H)-$,'1&>K#-")&'
& ' $#-,.-L>")&E ' ; ' ?*)8& ' ?$2&# ' C&, ' 1.# ' ,*"2.# ' ; ' ?&2*?$2-&# ' .2-">*&# ' -&(.BK.'
$c"#-$2-$#'$2'.F*$11&#'1*>.,$#<'01'C.,$)$,'1$;$2(.#'#"2':*2(.?$2-&')&?&'1.#'F*$'
"($2-":").+.2 ' $1 ' ?&2*?$2-& ' )&,L>")& ' ($ ' D"#K),.-$# ' =1. ' :.?&#. ' p1"2-$,2.q@ ' )&2 ' 1.'
p1H?C.,.'($'!$?6#-$2$#q'&'1&#',$#-&#'($1'.)*$(*)-&'($'0(,".2&')&2'1.'$#)*$1.'($'
0,"#-6-$1$#'$,.2'1.'?&2$(.')&,,"$2-$'$2'$#-.'LC&).E'.'I*3>.,'C&,'1&#'$#),"-&#'($'*2'
?$-,&C&1"-.2&'($'0-$2.#'($1'#">1&'d55'11.?.(&'S">*$1'0)&?"2.-&<'N,$)".'F*$(6'.#K'

)!$

?.,>"2.(.'($'e))"($2-$';'#61&'.1>*2&#'.,,"$#>.(&#'B".I$,&#'F*$'"+.2'$2',*-.'($'
C$,$>,"2.)"62'.'T"$,,.'R.2-.')&2#-.-.+.2'.'#*'C.#&E'($':&,?.':*>.3';'>$2$,.1?$2-$'
$,,62$.E'.1>*2.#'"2:&,?.)"&2$#'.1',$#C$)-&<'h.;'F*$'$#C$,.,E'#"2'$?+.,>&E'8.#-.'$1'
#">1&'d5iE')&2),$-.?$2-$'8.#-.'UQVPE'C.,.'C&($,'1$$,'1.#'C,"?$,.#'2&-")".#'.').,>&'
($1'#.)$,(&-$'.1$?H2'D*(&1:'B&2'Rl(8$"?'F*$'.:",?.+.'"?C.#"+1$'F*$'1.')"*(.('($'
NL2&B. ' 8.+K. ' #"(& ' )&2#-,*"(. ' )&2 ' 1&# ' ?.-$,".1$# ' -,.K(&# ' ($#($ '0-$2.# ' & ' F*$ ' 1.'
C,&C". ' i$2$)". ' #$ ' 8.+K. ' +$2$:")".(& ' -.?+"L2 ' $2 ' $#-$ ' #$2-"(& ' ($ ' 1&# ' ?.-$,".1$#'
C,&)$($2-$# ' ($ ' 1. ' .2-">*. ' T,&;.E ' #" ' +"$2 ' #* ' $?C1.3.?"$2-& ' .)-*.1 ' #$ ' B$K.'
)&?C1$-.?$2-$ ' ($#C,&B"#-& ' ($ ' )*.1F*"$, ' )1.#$ ' ($ ' ,$#-&# ' B"#"+1$#< ' f2.#'
"2:&,?.)"&2$# ' )&?C1$-.?$2-$ ' .+#*,(.# ' F*$ ' B.2 ' $2 ' 1. ' 1K2$. ' ($ ' 1.# ' 1$;$2(.#'
,$:1$I.(.#'$2'1&#'$#),"-&#'($'0)&?"2.-&';'F*$'($+K.2'($')",)*1.,'$2-,$'1&#'B".I$,&#';'
C$,$>,"2&#< ' !$ ' 8$)8&E ' ?H# ' ($ ' )*.,$2-. ' .%&# ' ?H# ' -.,($E ' $2 ' UQZVE ' $2)&2-,.?&#'
#"?"1.,$#'C.-,.%.#'$2'$1',$1.-&'($1'2&-.,"&'"-.1".2&']")&1&'S.,-&2"'($'a.,"2&1.E'F*$'
C.#6'*2'C.,'$'(K.#'$2'0-$2.#'"2#C$))"&2.2(&'1.#'.2-">l$(.($#'1&).1$#'$-1'$1')*,#&'
($'#*'B".I$'($'C$,$>,"2.)"62'F*$'1$'8.+K.'11$B.(&'.2-$#'8.#-.'4>"C-&';'b.1$#-"2.<'
S.,-&2" ' .)$C-6 ' #"2 ' ,$)8"#-., ' 1.# ' "2:&,?.)"&2$# ' F*$ ' 1$ ' C,&C&,)"&2.,&2 ' #*# ' >*K.#'
1&).1$#'.)$,).'($'(&#':*$2-$#')*;.'.>*.'C,&B$K.'($')"$2)".'.'F*"$2$#'+$+K.2'($'
$11.E ' )&2-$?C16 ' 1.# ' ,*"2.# ' ($ ' 1. ' $#)*$1. ' ($ ' 0,"#-6-$1$#E ' F*$ ' ($2-,& ' ($1 ' ?"#?&'
,$C$,-&,"& ' 1$>$2(.,"& ' .2-$# ' )"-.(& ' )&,,$#C&2(K.2 ' $2 ' ,$.1"(.( ' . ' 1&# ' ,$#-&# ' ($1'
.)*$(*)-&'($'0(,".2&E';'#$',"2("6'.(?",.(&'.2-$'1.#'+$11$3.#'($'1.'0),6C&1"#E')*;&#'
?&2*?$2-&#E'$#C$)".1?$2-$'$1'b.,-$262E')&2B$,-"(&'.8&,.'$2'1.'">1$#".'($'R.2-.'
S.,K.E'$F*"C.,6'.'1&#'($'#*'a.C*.'2.-.1E',$#.1-.2(&'$1'8$)8&'2&-.+1$'($'F*$'1.#'
C*$,-.#'($1':.?&#&'-$?C1&'C,&B$2K.2'($'1.')"*(.('($'T,&;.<']&':.1-.2E')&?&'$2'1.'
B"$I.'$2)")1&C$(".'"#"(&,".2.E'2&-")".#'($').,H)-$,'#$2#.)"&2.1';'?.,.B"11&#&E')&?&'1.'
1$;$2(.'.)$,).'($'*2'2")8&')&2'*2'K(&1&'F*$'C&#$K.'$1'C&($,'($'8*2(",'1&#'+.,)&#'
F*$ ' .,,"+.+.2 ' . ' 0-$2.# ' )&2 ' "2-$2)"&2$# ' 8&#-"1$# ' & ' 1. ' ?"1.>,&#. ' )&2B$,#"62 ' $2'
$#-.-*.# ' ($ ' ?H,?&1 ' ($ ' *2. ' C.,$I. ' ($#C*L# ' ($ ' F*$ ' 1. ' I&B$2 ' 8")"$,. ' 1.'
)&,,$#C&2("$2-$'C1$>.,".'.'1&#'("&#$#')*.2(&'B"&'$2'C$1">,&'#*').#-"(.(<'R*'&+,.'
)&2#-"-*;$ '.#K'*2.':*$2-$'($'"2:&,?.)"62'.)$,).'($'1.#'1$;$2(.#'?$("$B.1$#'F*$'
)",)*1.+.2'#&+,$'1.#',*"2.#'($'0-$2.#'?H#'F*$'*2'-$#-"?&2"&':".+1$'.)$,).'($'1.'
"($2-"(.('($'L#-.#'&'#*#'"2-$,C,$-.)"&2$#'?H#'C1.*#"+1$#<
0 ' 1& ' 1.,>& ' ($1 ' #">1& ' di ' $2)&2-,.?&# ' .1>*2&# ' ,$1.-&# ' ($ ' C$,$>,"2&# ' F*$'
($-.11.2 ' 1&# ' C&,?$2&,$# ' 1&>K#-")&# ' ($1 ' B".I$E ' )&?& ' 1. ' 2$)$#"(.( ' ($ ' C&,-.,'
($-$,?"2.(&# ' &+I$-&# ' ; ' $1 ' 1*>., ' .($)*.(& ' (&2($ ' .(F*",",1&#E ' & ' 1. ' ?$2)"62 ' ($'
)&2#$I&#'C,H)-")&#'.)$,).'($'1.'.)-"-*(':.B&,.+1$'*'8&#-"1'($'1.'C&+1.)"62'1&).1E'C$,&'
C.#.2')&?C1$-.?$2-$'C&,'.1-&')*.1F*"$,'"2:&,?.)"62'.)$,).'($'1&#'1*>.,$#'C&,'1&#'
F*$ ' ("#)*,,K. ' #* ' .C,$#*,.(& ' "-"2$,.,"& ' ).?"2& ' ($ ' T"$,,. ' R.2-.< ' f2. ' .C.,$2-$'
$c)$C)"62'$#'1.'($'b"$-,&'a.#&1.E'F*$'$2'U^Z^'($(").')*.-,&'CH>"2.#'($'#*',$1.-&'.'
1. ' ($#),"C)"62 '($ ' 1. ' )"*(.( ' ($ ' A&(.# ' ; '#*# ' .1,$($(&,$# ' C&, ' 1. '#"?C1$ ' ;' #$2)"11.'
,.362E ' #$>J2 ' )&2:"$#. ' L1 ' ?"#?&E ' ($ ' pF*$ ' 2& ' -$2K. ' 2.(. ' ?$I&, ' F*$ ' 8.)$,q< ' R"'
$?+.,>&E'1.'?.;&,'C.,-$'($'$#-$'-"C&'($'1"-$,.-*,.'F*$'($,"B.'($'1.'$cC$,"$2)".',$.1'
($1'B".I$'($'C$,$>,"2.)"62'&'($'1.'$?+.I.(.'C&1K-").';')&?$,)".1E')&?&'1.'($1'$#C.%&1'
A*"3 ' N&23H1$3 ' ($ 'a1.B"I& '. ' 1. ' )&,-$ ' ($ 'T.?$,1H2 ' $2 ' U^PQE ' 8. '($I.(& ' $#).#.# ' ;'
$#)*$-.#'"?C,$#"&2$#'($'1.'C.,-$'($1'-$,,"-&,"&'>,"$>&'F*$'.-,.B$#.,&2'$2'#*',*-.E'
1"?"-H2(&#$'.')&2#-.-.,'1.'+*$2.'$#-,*)-*,.'C&,-*.,".';'($:$2#"B.'($'*2'1*>.,'-.2'
-,.2#"-.(&')&?&'$,.'A&(.#<
D. ' ("#-.2)". ' #$ ' "2-$2#":")6 ' -.?+"L2 ' )&?& ' )&2#$)*$2)". ' ($1 ' .#.1-& ' ($1'
),"#-".2"#?& ' )&2-,. ' 1&# ' B"$I&# ' +.1*.,-$# ' ($ ' 1. ' )*1-*,. ' ; ' #.+"(*,K. ' >,"$>.#E ' F*$ ' ;.'

)!%

8.+K.2'"2")".(&'$2'1.'C,&C".'02-">l$(.('1&#'C.(,$#'($'1.'5>1$#".E'C$,&'F*$'#$'.)$2-*6'
-&(.BK. ' ?H# ' . ' 1& ' 1.,>& ' ($ ' 1. ' 4(.( ' S$(".< ' D&# ' ?&($1&# ' >,"$>&# ' :*$,&2'
C,&>,$#"B.?$2-$'.,,"2)&2.(&#'$2'+$2$:")"& '($'#*#'#*#-"-*-&#'+K+1")&#<'41'D"+,&'($'
7&+'#$')&2B$,-K.'.#K'$2'1.'C,"?$,.'?.2":$#-.)"62'($'1.'C&$#K.'LC").'$2'($-,"?$2-&'($'
h&?$,&E ' 1&# ' R.1?&# ' ; ' $1 ' a.2-., ' ($ ' 1&# ' a.2-.,$# ' $2 ' ?*$#-,.# ' #&+,$#.1"$2-$# ' ;'
#*:")"$2-$#'($'C&$#K.'1K,").E';'$1'NL2$#"#'$2'$1',$:$,$2-$'8"#-6,")&'C&,'.2-&2&?.#".<'
]&',$#*1-.'.#K'$c-,.%&'F*$'$2'1.';.')"-.(.'$2)")1&C$(".'($'5#"(&,&'2&'#$'?$2)"&2$'$2'
$1 ' .C.,-.(& ' ($(").(& ' . ' 1&# ' C&$-.# ' 2"2>*2& ' ($ ' 1&# ' "1*#-,$# ' ,$C,$#$2-.2-$# ' ($ ' 1.'
.2-">*. ' 1"-$,.-*,. ' >,"$>.< ' D&# ' B"$I&# ' C,$I*")"&# ' ,&?.2&# ' )&2-,. ' 1. ' #&:"#-").)"62 ' ;'
.,-":")"&#"(.('($'1.'1"-$,.-*,.'>,"$>.':*$,&2'.8&,.',$8.+"1"-.(&#')&2'2*$B&#'"?C$-*#'
C&,'1&#'C,$I*")"&#'$'">2&,.2)".#'($1'),"#-".2"#?&E'F*$')&2#"($,.+.2'1.'1$)-*,.'&'$1'
)&2-.)-&')&2'$#-.')1.#$'($'1"-$,.-*,.'C.>.2.'C$,I*(")".1$#'C.,.'1.'+*$2.':&,?.)"62'
$#C","-*.1<
R"2 ' $?+.,>&E ' .1 ' ?"#?& ' -"$?C& ' #$ ' C,&?&)"&2.+. ' $1 ' $#-*("& ' ($ ' ("#)"C1"2.#'
-$6,").#')&?&'1.'16>").E'1.'.,"-?L-").E'1.'#"?$-,K.E'1.'?J#").'&'1.'.#-,&2&?K.E'-&(.#'
$11.#'($'"2$F*KB&)&#'&,K>$2$#';')&2)$C-&#'>,"$>&#E')&?&'*2.':&,?.'($',$:&,3.,'1.#'
.#C",.)"&2$#'$#C","-*.1$#'8*?.2.#'$2')&2#&2.2)".')&2'$1'$#-*("&'($'1.'\"+1".<'42'
$#-.'?"#?.'(",$))"62'"+.'$2).?"2.(.'1.'.-$2)"62'($(").(.'.'1&#':"16#&:&#'>,"$>&#'
F*$ ' 8.+K.2 ' -,.-.(& ' )*$#-"&2$# ' :*2(.?$2-.1$# ' C.,. ' 1. ' -$&1&>K. ' ),"#-".2. ' )&?& ' $1'
&,">$2'($1'?*2(&E'1.'2.-*,.1$3.'($1'.1?.'&'$1'+"$2'J1-"?&<'D.'&+,.'($'\&$)"&E'F*"3H'
*2&'($'1&#'J1-"?&#')&2&)$(&,$#'($'1.'1$2>*.'>,"$>.'$2'e))"($2-$E':*$'($-$,?"2.2-$'
$2 ' $#-$ ' -$,,$2&E ' ;. ' F*$ ' ($#C1.36 ' $1 ' 8$1$2"#?& ' ($ ' ).,H)-$, ' 1"-$,.,"& ' F*$ ' 8.+K.'
C,$(&?"2.(&'$2'$1'C.#.(&'$2':.B&,'($'*2'2*$B&'-"C&')*;.#'+.#$#'$#$2)".1$#'$,.2'
.8&,. ' ($ ' 2.-*,.1$3. ' ?H# ' )"$2-K:"). ' ; ' :"1&#6:").E ' C.,. ' 8.)$,1& ' .#KE ' .1 ' ?$2&#'
C&-$2)".1?$2-$E')&?C.-"+1$')&2'$1'),"#-".2"#?&<'R$'($:"2"6'.#K'1.')*1-*,.'>,"$>.')&?&'
*2. ' )*1-*,. ' $#$2)".1?$2-$ ' :"1&#6:"). ' F*$ ' 8.+K. ' )&2-,"+*"(& ' ($ ' ?.2$,. ' ($)"#"B. ' .'
($#.,,&11.,'$1'C$2#.?"$2-&'.+#-,.)-&'$2'-&(.#'#*#':&,?.#<'R$'),$6'($'$#-.':&,?.'1.'
"($. ' ($ ' *2. ' N,$)". ' ($:"2"(. ' $#C$)K:").?$2-$ ' C&, ' #* ' )*1-*,. ' :"1&#6:").E ' 1. ' ($1'
C$2#.?"$2-&'.+#-,.)-&E'F*$'($I.+.':*$,.'.'1.'($'1&#'C&$-.#E'8"#-&,".(&,$#E'&,.(&,$#'
;'$#)*1-&,$#<'!$'8$)8&E'*2&'($'1&#'.)&2-$)"?"$2-&#'F*$'?H#',$#&2.2)".'-*B"$,&2'$2'
1.'LC&).':*$'1.'-,.(*))"62'$2'$1'#">1&'5dE'.').,>&'($'7*.2'4#)&-&'4,K>$2.E'($'1.#'
&+,.#'($'!"&2"#"&'$1'0,$&C.>"-.E'$1'"2("B"(*&'F*$'8.+K.'#"(&')&2B$,-"(&'C&,'R.2'b.+1&'
(*,.2-$'#*'$#-.2)".'$2'0-$2.#<'0'C$#.,'($'F*$'$2',$.1"(.('2&'$,.2'&-,.')&#.'F*$'
*2.'"2-$,C,$-.)"62'2$&C1.-62").'($'1.'-$&1&>K.'),"#-".2.'$1.+&,.(.'C&,'*2'C$,#&2.I$'
.262"?&'$2'-&,2&'.1'.%&'VPP'(<aE'#",B"$,&2'C.,.'),$.,'$1'BK2)*1&'2$)$#.,"&'$2-,$'1.'
0-$2.# ' ($ ' b1.-62 ' ; ' 1. ' ($ ' R.2 ' b.+1&E ' $#-.+1$)"$2(& ' ($ ' $#-. ' :&,?. ' 1. ' 2$)$#.,".'
)&2-"2*"(.('$2-,$'$1'C$2#.?"$2-&'>,"$>&';'$1'),"#-".2"#?&E')&?&';.'8.+K.'C,&C*$#-&'
-"$?C&'.-,H#'R.2'0>*#-K2<'D.'&+,.E').1":").(.'C&,'#*'-,.(*)-&,')&?&'p$1'2L)-.,'($'1&#'
>,"$>&#qE'#$')&2B",-"6'$2'*2&'($'1&#'C"1.,$#'+H#")&#'($'1.'-$&1&>K.'?$("$B.1<
e-,.'($'1.#',.3&2$#'F*$'.),$)$2-.,&2'1.'#$C.,.)"62';'1.'#$2#.)"62').(.'B$3'
?H#',$.1'($'("#-.2)".'($'e))"($2-$')&2',$#C$)-&'.1'?*2(&'>,"$>&':*$'#"2'(*(.'$1'
($#)&2&)"?"$2-&'($1'>,"$>&E'F*$'#61&'($':&,?.'1$2-.';'$#C&,H(").':*$'C$2$-,.2(&'$2'
e))"($2-$'$2'1&#'C,"?$,&#'.%&#'($1'A$2.)"?"$2-&'#"2'F*$'11$>.,.'.')&2#&1"(.,#$'($1'
-&(& ' "2)1*#& ' $2 ' $#-$ ' C$,K&(& ' ($ ' $#C$)".1 ' :1&,$)"?"$2-&< ' D&# ' J1-"?&# ' $#),"-&,$#'
&))"($2-.1$#'F*$')&2&)"$,&2'$1'>,"$>&'C&,'-,.(")"62'$#)&1.,'(",$)-.':*$,&2'\$(.';'
a.#"&(&,& ' $2 ' $1 ' #">1& ' i5 ' (<a< 's. ' $2 ' $1 ' #">1& ' i55 ' $1 ' C.C. ' N,$>&,"& ' $1 ' N,.2($ ' #$'
.*-&).1":").+. ' )&?& 'P.")*") # &%2B9)() # 2)/*%9/' =">2&,.2-$ ' ($ ' 1. ' 1$2>*. ' >,"$>.@ ' .'
C$#.,'($'F*$'8.+K.'C.#.(&'("$3'.%&#'$2'a&2#-.2-"2&C1.<'41')&2&)"?"$2-&'($1'>,"$>&'

)!&

$2'e))"($2-$'F*$(6',$(*)"(&'(*,.2-$'1.'4(.('S$(".'.'.1>*2&#'"#1&-$#'?.,>"2.1$#E'
)&?& ' $1 ' #*, ' ($ ' 5-.1".E ' (&2($ ' $1 ' >,"$>& ' )&2-"2*.+. ' #"$2(& ' 1$2>*. ' B$,2H)*1.E ' & ' .'
$,*("-&#')&2:"2.(&#'$2'.1>*2&#')$2-,&#'?&2H#-")&#'($'5,1.2(.E'F*$'1*$>&'",,.(".,&2'
#*'"2:1*$2)".'#&+,$'?&2.#-$,"&#'($1')&2-"2$2-$')&?&'\&++"&E'D*c*$"1'&'R."2-'N.11<'42'
$1 ' C$,K&(& ' ).,&1"2>"& ' 8*+& ' *2 ' "2-$2-& ' ($ ' ,$)*C$,., ' $1 ' >,"$>&E ' #$>*,.?$2-$ ' )&?&'
"2#-,*?$2-&'$#$2)".1'C.,.'$1'$#-*("&'($'1.'\"+1".E'C$,&'#$'8")"$,&2'-K?"(.#'-$2-.-"B.#'
($'",'?H#'.11H')&2'1.'$1.+&,.)"62'($'>1&#.,"&#';'*2.'>,.?H-").'F*$')"$,-.?$2-$'2&'
-*B"$,&2'($?.#".(&'Lc"-&'C&,'1.'"2.($)*.)"62'($'#*#')&2-$2"(&#'.'1&#':"2$#',$.1$#'($'
.C,$2("3.I$<'b&,'C,"?$,.'B$3'#$'-,.(*I$,&2'.1>*2&#'-$c-&#'>,"$>&#E')&?&'$1'C&$?.'
.#-,&26?")& ' ($ ' 0,.-&E ' ; ' #$ ' )&C".,&2 ' )&2 ' #*?& ' )*"(.(& ' C.#.I$# ' >,"$>&# ' F*$'
.C.,$)K.2'-.1')*.1'$2'.1>*2.#'&+,.#'1.-"2.#')&?&'1&# 'R"(9.2"&%"' ($'S.),&+"&'&'1.#'
>'*-)/#X(%*"/' ($'0*1&'N$1"&<'!")8&#'"2-$2-&#',$B$1.2E'#"'2&'&-,.')&#.E'.1'?$2&#'1.'
$c"#-$2)".'($'*2.'-&?.'($')&2)"$2)".'#&+,$'1.'"?C&,-.2)".'($1'>,"$>&')&?&'1$2>*.'
1"-$,.,".E'F*$'2&'F*$(.+.'1"?"-.(.'$2'#*#'$cC,$#"&2$#'.'1.'\"+1".<'R"2'$?+.,>&E'2&'
-*B"$,&2 ' )&2-"2*"(.( ' ; ' 1.# ' >$2$,.)"&2$# ' C&#-$,"&,$# ' C$,("$,&2 ' -&(& ' $1 ' "2-$,L#< ' D.'
:.?&#.':,.#$ 'P.")*95#)/(#2'2#&)B%(9.' =p$#'>,"$>&'2&'C*$($'1$$,#$q@E'&,">"2.(.'$2'
1&#'>1&#.(&,$#'?$("$B.1$#'($1 ','.69/#C9.%/#,%9%&%/' C.,.'"2(").,'.F*$11.#'C.,-$#'F*$'
2&'-$2K.2'*2.'-,.(*))"62'1.-"2.';'F*$'#",B"6'($#C*L#'C.,.'.C&#-"11.,'-&(&#'.F*$11&#'
C.#.I$# ' ($ ' 1&# ' ?.2*#),"-&# ' ?$("$B.1$# ' $#),"-&# ' $2 ' >,"$>& ' ; ' F*$ ' ,$#*1-.+.2E ' C&,'
-.2-&E'"2"2-$1">"+1$#E')&2#-"-*;$'*2.'+*$2.'"1*#-,.)"62'($'1.'#"-*.)"62'>$2$,.1'($'1.'
LC&). '$2'$#-$ '.#C$)-&E' #" '+"$2 '8*+&' #"$?C,$' #*# '$c)$C)"&2$# '2&-&,".#E ')&?&' $1'
).#&'($'M$($,")&'55'($'R")"1".E'F*$'C.,$)$'F*$':*$'*2'>,.2'.:")"&2.(&'.'1.#'1$-,.#'
>,"$>.#<
D&')"$,-&'$#'F*$'.C$2.#'#$'($-$)-.'$2'e))"($2-$'.1>*2.'.)-"B"(.('"2-$1$)-*.1'
F*$ ' C*$(. ' #$, ' ).-.1&>.(. ' )&2 ' -&(. ' I*#-")". ' )&?& ' *2. ' ?.2":$#-.)"62 ' C1$2. ' ($'
8$1$2"#?&'($#($'$1'?$2)"&2.(&'a.#"&(&,&'$2'$1'#">1&'i5'(<a<'8.#-.'\*,>*2("&'($'
b"#.'$2'$1'd55E'-,.(*)-&,'($'*2'-,.-.(&'($'N.1$2&'F*$'-*B&'*2.'>,.2'(":*#"62'$2'-&(.'
1.'4(.('S$(".E')&2'1.'2&-&,".'$c)$C)"62'($1';.')"-.(&'7*.2'4#)&-&'4,K>$2.<'42'$#-.'
LC&).'.C.,$)$2';.'.1>*2&#'2&?+,$#'"1*#-,$#'$2'$#-$'-$,,$2&')&?&'1&#'($'\$,2.,(&'
($'a8.,-,$#'&'7*.2'($'R.1"#+*,;E';'$2'$1'#">1&'#">*"$2-$'$1'($'A&+$,-'N,&##$-$#-$E'
&+"#C&'($'D"2)&12E'F*$')&2#-"-*;6'.'?$(".(&#'($'#">1&'$1')K,)*1&'($'$#-*("&#'>,"$>&#'
?H#'.)-"B&'($'e))"($2-$E'$'"2)1*#&'#$'"2-$2-6'"?C1.2-.,'$1'$#-*("&'($1'>,"$>&E'I*2-&'
)&2'$1'($'1.#'1$2>*.#'&,"$2-.1$#E'$#C$)".1?$2-$'$1'8$+,$&E'$1'#",K.)&';'$1'H,.+$E')&2'
1. ' :"2.1"(.( ' ($ ' :&,?., ' ?"#"&2$,&# ' ).C.)$# ' ($ ' 11$B., ' . ' -L,?"2& ' 1. ' 1.+&, ' ($'
$B.2>$1"3.)"62 ' ($ ' 1&# ' -$,,"-&,"&# ' +"3.2-"2&# ' )"#?H-")&# ' .8&,. ' +,$B$?$2-$'
,$)&2F*"#-.(&#'-,.#'1.').C-*,.'($'a&2#-.2-"2&C1.'C&,'1&#'),*3.(&#'$2'$1'UOP^<'R"2'
$?+.,>&E'.'C$#.,'($'$#-.#'.C.,"$2)".#E'$1')&2&)"?"$2-&'($1'>,"$>&')&2-"2*6'#"$2(&'
(*,.2-$'-&(&'$#-$'C$,K&(&'*2.',.,$3.'$c)$C)"&2.1E';'($'8$)8&'.#K'F*$(.'#$%.1.(&'
$2'1.'($#),"C)"62'F*$'$1'C,&C"&'0+$1.,(&E'$1':.?&#&'-$61&>&'($1'#">1&'d55E'8.)$'($'1.#'
).C.)"(.($#'($'#*'.?.(.'41&K#.E'F*$'$,.'$cC$,-.'$2'>,"$>&';'8$+,$&<
]" ' #"F*"$,. ' 1. ' .?C1". ' (":*#"62 ' ; ' C,$(&?"2"& ' ($1 ' .,"#-&-$1"#?& ' $2 ' 1.#'
*2"B$,#"(.($#';'1.'B"(.'"2-$1$)-*.1'.'C.,-",'($'?$(".(&#'($1'#">1&'d555'#">2":")6 '*2'
.B.2)$ ' 2&-&,"& ' $2 ' $1 ' )&2&)"?"$2-& ' ($1 ' >,"$>&< ' D. ' )&2F*"#-. ' ($ ' b.,K# ' C&, ' 1&#'
$#)&1H#-")&# ' $2).+$3.(&# ' C&, ' $1 ' )L1$+,$ 'T&?H# ' ($ '0F*"2&E 'F*$ ' 8"3& ' ).-.1&>., ' .'
b.,K# ' )&?& ' 1. ' 8$,$($,. ' (",$)-. ' ($ ' 1. '0-$2.# ' )1H#").E ' 2& ' $#-.+. ' +.#.(. ' $2 ' $1'
)&2&)"?"$2-&'($1'>,"$>&<'41'C*2-&'C,"2)"C.1'($'C.,-"(.'($'(")8&#'$#-*("&#'$,.2E'C&,'$1'
)&2-,.,"&E'1.#'-,.(*))"&2$#'1.-"2.#'($'1.#'&+,.#'($1':"16#&:&'>,"$>&';'2"'#"F*"$,.'#*'
).+$3.'?H#'B"#"+1$E'T&?H#'($'0F*"2&E'C&#$K.'*2')&2&)"?"$2-&'($'1.'1$2>*.'>,"$>.'

)!'

F*$ ' :*$,. ' ?H# ' .11H ' ($ ' 1&# ' ,*("?$2-&# ' ?H# ' $1$?$2-.1$#< ' D. ' -,.(*))"62 ' ($1 ' -$c-&'
.,"#-&-L1")&'$:$)-*.(.'C&,'N*"11$,?&'($'S&$,+$)j$'$,.'-.2'1"-$,.1';'.I*#-.(.E'C.1.+,.'
.'C.1.+,.E'F*$'8.)K.'($1'-&(&'"22$)$#.,"&'$1'C.#&'C,$B"&'C&,'$1'&,">"2.1'>,"$>&'$2'
&C"2"62'($'1&#'C,&C"&#'$#-*("&#&#<'41'.+#&1*-&'C,$(&?"2"&'($1'0,"#-6-$1$#'1.-"2"3.(&'
#$')&2:",?6'.'1&'1.,>&'($1'#">1&'#">*"$2-$'.'C$#.,'($'F*$'1.'.*-&,"(.('($'T&?H#'($'
0F*"2& ' :*$ ' C*$#-. ' $2 ' $2-,$(")8& ' ; ' ).?+"6 ' $1 ' #$2-"(& ' ($ ' 1. ' )&,,"$2-$ ' :"1&#6:").'
"?C$,.2-$ ' +.I& ' 2&?+,$# ' -.2 ' "1*#-,$# ' )&?& ' 1&# ' ($ ' !*2# ' 4#)&-& ' & ' N*"11$,?& ' ($'
e)j.?E'F*$')&2#"($,.+.2'#*:")"$2-$#'1.#'B$,#"&2$#'1.-"2.#'$c"#-$2-$#';'1.'-,.(*))"62'
.1'1.-K2'($'1&#')&?$2-.,"&#'($'0B$,,&$#'$#),"-&#'$2'H,.+$<'01>*2.#'B&)$#'."#1.(.#E'
)&?& ' 1. ' ($ ' A&>$, ' \.)&2E ' F*$ ' 8.+K. ' -&?.(& ' -.?+"L2 ' C.,-$ ' $2 ' 1. ' ,$B&1*)"62'
.,"#-&-L1").'($'1.'f2"B$,#"(.('($'b.,K#E'.':.B&,'($1')&2&)"?"$2-&'($1'>,"$>&'I*2-&')&2'
$1'($'1.#'1$2>*.#'&,"$2-.1$#')&?&'$1'8$+,$&';'$1'H,.+$E')1.?.,&2'#"2'($?."#.(&'Lc"-&'
$2'$1'($#"$,-&<
a&2'1.'11$>.(.'($1'A$2.)"?"$2-&'$2'$1'#">1&'d5i'2&').?+".,&2'1.#')&#.#'$2'
$#-$'-$,,$2&'($':&,?.'-.2',.(").1')&?&'.'B$)$#'#$'8.'#*C*$#-&<'41'C,&C"&'b$-,.,).'
2&')&2#">*"6'2*2).E'.'C$#.,'($'#*#'($)"("(&#'$#:*$,3&#'$2'$#-$'#$2-"(&E'*2'(&?"2"&'
#*:")"$2-$ ' ($ ' 1. ' 1$2>*. ' >,"$>. ' F*$ ' 1$ ' C$,?"-"$,. ' 1$$, ' . ' 1&# ' >,.2($# ' .*-&,$#< ' R*'
)&2&)"?"$2-&'($'1.'1"-$,.-*,.'>,"$>.'($C$2(K.'$2'+*$2.'C.,-$'($'1.#'-,.(*))"&2$#'
1.-"2.# ' $c"#-$2-$#E ' F*$ ' .1?.)$2.+. ' $2 ' #* ' $2&,?$ ' +"+1"&-$).< ' D.# ' C,"?$,.#'
.2&-.)"&2$#'F*$':">*,.2'$2'#*')L1$+,$'?.2*#),"-&'($'i",>"1"&',$B$1.2'#*'"2).C.)"(.('
$2'$#-$'-$,,$2&')&2'1.'"1*#-,.-"B.':,.#$/'9(#"%(#G'5).9/Y#P.")*)'=)&?&'(")$'h&?$,&/'
$2'>,"$>&@<'!$'?"#?.':&,?.E')*.2(&'C&,':"2')&2#">*"6'*2')6(")$'F*$')&2-$2K.'$1'
-$c-&'($'1&#'C&$?.#'8&?L,")&#E'#*'$?&)"62'1$'8"3&'C,&,,*?C",'$2'1.?$2-&#/'p&8'
>,.2 ' 8&?+,$E ' )6?& ' ($#$.,K. ' C&($, ' $#)*)8.,-$qE ' $cC,$#.2(& ' .#K ' #* ' -,$?$2(.'
:,*#-,.)"62 'C&, '2& 'C&($,'1$$, '$1'-$c-&'&,">"2.1< 'D.#'1$))"&2$# ',$)"+"(.# '(*,.2-$'#*'
$#-.2)". ' $2 ' 0B">2&2 ' C&, ' *2 ' >,"$>& ' +"3.2-"2& ' 11.?.(& ' \.,1..? ' C.,$)$ ' F*$ ' 2&'
,$#*1-.,&2'($1'-&(&'#.-"#:.)-&,".#<'R61&'$2'1.'#$>*2(.'?"-.('($1'#">1&'di'$1'>,"$>&'
$2-,6 ' . ' :&,?., ' C.,-$ ' "2-$>,.2-$ ' ($ ' 1. ' $2#$%.23. ' ,$>*1.,"3.(. ' ($ ' 1.# ' $#)*$1.# ' ;'
*2"B$,#"(.($#'"-.1".2.#<'4#'$2'$1'#">1&'di5')*.2(&'#*'$2#$%.23.'#$'$c-"$2($'C&,'$1'
,$#-& ' ($ ' C.K#$# ' $*,&C$&# ' .1).23.2(& ' *2. ' )"$,-. ' $#-.+"1"(.( ' $2 ' 1&# ' (":$,$2-$#'
*9..%*9&"' .).(L?")&#< ' R"2 ' $?+.,>&E ' . ' C$#., ' ($ ' $#-. ' "?C&,-.2-$ ' )&2F*"#-. ' ($ ' *2'
1*>.,'+.I&'$1'#&1E'$1'>,"$>&')&2-"2*6'#"$2(&'*2.'$2#$%.23.'($'1*I&'F*$'C$,?.2$)K.'.1'
?.,>$2'($'1&#'C,&>,.?.#'($'$#-*("&<'R$'1$')&2#"($,.+.'?H#'*2'&,2.?$2-&'F*$'*2.'
.(F*"#")"62 ' "2("#C$2#.+1$ ' C.,. ' $1 ' 8&?+,$ ' ($ ' )*1-*,.< ' D. ' )&2&)"(. ' .:",?.)"62 ' ($1'
:"16#&:& ' "2>1L# ' 7&82 ' D&)j$ ' $2 ' $1 ' #$2-"(& ' ($ ' F*$ ' -&(& ' ).+.11$,& ' ($+K. ' C&#$$, ' *2'
(&?"2"& ' #*:")"$2-$ ' ($1 ' 1.-K2 ' ?"$2-,.# ' F*$ ' $1 ' ($1 ' >,"$>& ' #61& ' $,. ' $c">"+1$ ' . ' 1&#'
$#-*("&#&# ' ,$C,$#$2-. ' $1 ' C*2-& ' ($ ' B"#-. ' >$2$,.1 ' $c"#-$2-$ ' . ' 1& ' 1.,>& ' ($ ' 1. ' 4(.('
S&($,2.<'41'$#-.-*-&'($'"2:$,"&,"(.('($1'$#-*("&'($1'>,"$>&',$#C$)-&'.1'1.-K2'#$,H'*2'
8$)8& ' ?.2":"$#-& ' $2 ' -&(. ' 4*,&C. ' 8.#-. ' $1 ' #">1& ' d5dE ' )*.2(& ' $1 ' ?&B"?"$2-&'
2$&8$1L2")&')&2:"$,.'.'1&#'$#-*("&#'>,"$>&#'*2'1*>.,'($'C,$#-">"&')&?C.,.+1$'.1'($'
1&#'1.-"2&#E'#"'$#'F*$'2&'"2)1*#&'C&,'$2)"?.'$2'.1>*2.#'&).#"&2$#<
T.?C&)&'$2'$1'"?.>"2.,"&')&1$)-"B&E'1&#'>,"$>&#E'.2-">*&#';')&2-$?C&,H2$&#E'
#.1"$,&2'+"$2'C.,.(&#'.'1.'8&,.'($'$#-.+1$)$,',$:$,$2-$#')*1-*,.1$#'.C,&C".(&#'8.#-.'
).#"'+"$2'$2-,.(&'$1'#">1&'d5dE')*.2(&'#$'C,&(*I&'1.'>*$,,.'($'"2($C$2($2)".'>,"$>.'
)&2-,.'$1'"?C$,"&'&-&?.2&E'F*$'#*#)"-6'*2'.1*('($'#"?C.-K.#'C&,'-&(.#'C.,-$#<'D.'
#$2#.)"62'($'.2-"C.-K.'>$2$,.1"3.(.'$2'-&(&'$1'e))"($2-$'8.)".'1&#'+"3.2-"2&#E':*$'
.*#C")".(. ' ; ' :&?$2-.(. ' C&, ' $1 ' )"#?. ' ; ' C&, ' -6C")&# ' )&?& ' $1 ' ).,.)-$, ' (L+"1 ' ;'
-,.")"&2$,&'($'1&#'>,"$>&#E')*;.'.,-":")"&#"(.(';'-,.C.)$,K.'#$',$?&2-.+.2'.'C,&-&-"C&#'

)!(

.2-">*&# ' )&?& ' $1 ' ?"#?K#"?& ' f1"#$#E ' C.,.(">?. ' "2("#)*-"+1$ ' ($1 ' $2>.%& ' ; ' .#-*)".'
:,.*(*1$2-.<']&'$2'B.2&E')*.2(&'$2'1.'4(.('S$(".',$B"B"6')&2':*$,3.'$1'?"-&'($'1.'
>*$,,.'($'T,&;.E':*$'$1'+.2(&'($'1&#'-,&;.2&#'$1'F*$'#.1"6'?$I&,'C.,.(&E'-.2-&'($#($'
$1'C*2-&'($'B"#-.'>$2$.16>")&E'.'1.'8&,.'($'$#-.+1$)$,'1.#'2$)$#.,".#')&2$c"&2$#')&2'
L1E')&?&'($#($'$1'$?&)"&2.1E';.'F*$'#$'1$#')&2#"($,.+.'*2.',.3.'"1*#-,$'F*$'8.+K.'
-$,?"2.(&'#"$2(&'BK)-"?.'($'1.'C$,:"(".'>,"$>.<'s.'T$&(&,")&'$1'N,.2($E'$1',$;'($'1&#'
&#-,&>&(&#E'8.+K.',$)1.?.(&'C.,.'#K'*2.'.#)$2($2)".'-,&;.2.E'#$>J2'$1'-$#-"?&2"&'
($'a.#"&(&,&E';'$#-$'?"#?&').?"2&'#">*"$,&2'($#C*L#'1&#',$;$#':,.2)&#'($#($'$1'
#">1&'i55<
R"2'(*(.'$c"#-K.'*2'$B"($2-$'($#$&'($'$?*1.)"62'($'1.'($#.C.,$)"(.'A&?.E'
F*$ ' 8.+K. ' .#$2-.(& ' #&+,$ ' C.,$)"(.# ' +.#$# ' #* ' >,.2($3. ' .2)$#-,.1 ' ; ' #*#'
.#C",.)"&2$# ' . ' 1. ' 1$>"-"?.)"62 '($ ' #* '"?C$,"&< ' R"2 '$?+.,>&E '$1 ' ?"-& '-,&;.2&' #",B"6'
($#C*L#')&?&')&,-"2.'($'.*-&I*#-":").)"62'.'1.'.))"62'?"1"-.,'($'1&#'),*3.(&#'#&+,$'
a&2#-.2-"2&C1.E'"2-$,C,$-.(.'.8&,.'$2'$1'#">1&'d555')&?&'*2.'B$,(.($,.',$)&2F*"#-.'
($1'-$,,"-&,"&'($'#*#'1$I.2&#'.2-$C.#.(&#<'D.'B"#"62'B",>"1".2.'($1'.#*2-&E')&2($2#.(.'
$2 ' $1 ' :.?&#& ' 1$?. '(%5)' # E"2"'/ # )( # +'2" # A).)2()/' ;. ' )&?$2-.(&E ' #$ ' )&2#&1"(6'
>,.)".#'.1'"2:1*I&'C&#-$,"&,'$I$,)"(&'C&,',$1.-&#')&?&'$1'($1':,">"&'!.,$#E'*2'#*C*$#-&'
-$#-"?&2"&'&)*1.,'($'1&#'.)&2-$)"?"$2-&#'F*$'$,.'$2',$.1"(.('*2.'"?C&#-*,.'-.,(K.'
$1.+&,.(.'&,">"2.1?$2-$'$2'>,"$>&';'-,.(*)"(.'($#C*L#'.1'1.-K2'F*$',$#*1-.+.':H)"1'($'
1$$,<'4#-.'B$,#"62'C,&-,&;.2.'($'1.#')&#.#'$2'1.'F*$'1&#'>,"$>&#'#.1K.2'2.-*,.1?$2-$'
?.1'C.,.(&#'8"3&'$#)*$1.'.'1&'1.,>&'($'1.'4(.('S$(".E')&?&'C*$($'.C,$)".,#$'$2'$1'
)L1$+,$'I'5"2#+)#0.'%)'($'\$2&"-'($'R."2-'S.*,$'($'?$(".(&#'($1'#">1&'d55'$2'F*$'
1&#'-,&;.2&#'.C.,$)K.2 'C"2-.(&# ')&?& 'BK)-"?.#';'1&#'>,"$>&#')&?&'1&#'.>,$#&,$#'
+,*-.1$#E'&'$2'1.'G%/('.%"#+)#&'/#.)3)/#+)#<.%("2%"'($'N&(&:,$(&'($'S&2?&*-8E'?H#'&'
?$2&# ' ($ ' 1. ' ?"#?. ' LC&).E ' F*$ ' ,$-,&-,.K. ' 1. ' 1K2$. ' >$2$.16>"). ' ($ ' 1&# ' ,$;$# ' ($'
52>1.-$,,. ' 8.#-. ' T,&;.< ' D. ' C,"?$,. ' ($ ' $#-.# ' (&# ' &+,.# ' .1).236 ' *2. ' $2&,?$'
C&C*1.,"(.(';'-*B&'$2'#*'LC&).'*2.'$c-,.&,("2.,".'"?C&,-.2)".<']&'$#'($'$c-,.%.,E'
C&,'-.2-&E'F*$')*.1"(.($#'-.2'C&)&'C&#"-"B.#')&?&'1.'-,.")"62E'1.'),*$1(.(';'$1'$2>.%&'
$1&)*$2-$E ' ,$C,$#$2-.(.# ' $2 ' 1&# ' C$,#&2.I$# ' ($ ' R"262 ' ; ' f1"#$#E ' F*$(.,.2 ' )&?&'
?.,).# ' ($:"2"-&,".# ' ($ ' 1&# ' >,"$>&#< ' 4#-$ ' :"162 ' C,&-,&;.2& ' ; ' .2-"8$1$2& ' )&2-"2*6'
(*,.2-$'$1'A$2.)"?"$2-&E')*.2(&'*2.':.))"62'($'1.'f2"B$,#"(.('($'a.?+,"(>$'F*$'
#$ ' &C&2K. ' B$8$?$2-$?$2-$ ' . ' 1. ' "2-,&(*))"62 ' ($ ' 1&# ' $#-*("&# ' >,"$>&# ' #$'
.*-&($2&?"26'p-,&;.2&#q';'("&'$1'2&?+,$'($'hL)-&,'.'#*'C,"2)"C.1').+$)"11.E'&'#$'
*-"1"3.+. ' $1 ' >$2-"1")"& ' -,&;.2& ' C.,. ' ).1":")., ' .)-"-*($# ' 8&2,.(.# ' ; ' C.-,"6-").#< ' D.'
$c-,.&,("2.,".'(":*#"62'F*$'.1).236'*2'1"+,&')&?&'1. 'G%/('.%"#+)#&"#+)/(.9**%;2#+) #
0.'3"' ($ ' N*"(& ' ($ ' a&1*?2"#E ' $#),"-. ' $2 ' 1.-K2 ' . ' :"2.1$# ' ($1 ' #">1& ' d555 ' ; ' +.#.(.'
$#$2)".1?$2-$'$2'$1',$1.-&'($'\$2&"-E'.*2F*$'2&'1&'(")$E'F*$'-*B&'B$,#"&2$#'.').#"'
-&(.#'1.#'1$2>*.#'$*,&C$.#E'$#'"1*#-,.-"B.'($'$#-.'#"-*.)"62'8$>$?62").'($1'+.2(&'
-,&;.2&'$2'$1'"?.>"2.,"&'?$("$B.1';',$2.)$2-"#-.<
]&'1$#':*$,&2'?$I&,'1.#')&#.#'.'1&#'>,"$>&#')&2'$1'&-,&'-$?.'1$>$2(.,"&'F*$'#$'
"?C*#& ' )&2 ' :*$,3. ' $2 ' $1 ' "?.>"2.,"& ' ?$("$B.1/ ' 1. ' 8"#-&,". ' ($ ' 01$I.2(,& ' S.>2&<'
a"$,-.?$2-$'1.'>,.2'(":*#"62'F*$'.1).236'1.'8"#-&,".'.'C.,-",'($'1.'-,.(*))"62'1.-"2.'($'
1.':.?&#.'2&B$1.'=$1'($2&?"2.(&'4&):"2+).#I'5"2*)@'C&,'C.,-$'($'7*1"&'i.1$,"&';.'
$2'$1'#">1&'5i';'($'1.'-,.(*))"62'($'D$62'$1'.,)"C,$#-$'($']HC&1$#'$2'$1'#">1&'d'2&'
.:$)-6'#&+,$?.2$,.'.'1.'B"#"62'($'1&#'>,"$>&#E';.'F*$'1.':">*,.'($1'?.)$(&2"&'$,.'
)&2)$+"(.')&?&'*2'>&+$,2.2-$'*2"B$,#.1'F*$'?.,).+.'*2.'$-.C.'$2'1.'#*)$#"62'($'
1&#'"?C$,"&#';'#*'1$;$2(.E')&?C.,-"(.'C&,'-&(&#'1&#'C*$+1&#'($1'S$("-$,,H2$&E':*$'
?*; ' C,&2-& ' $2>,&#.(. ' C&, ' $1$?$2-&# ' ($ ' ?*; ' ("B$,#& ' &,">$2E ' )&?& ' $1 ' B".I$ ' .1'

)"*

C.,.K#&'($'C,&)$($2)".'I*(".'&'1.').,-.'($'0,"#-6-$1$#'"2#-,*;$2(&'.'#*'("#)KC*1&'$2'
-&(&#'1&#'#$),$-&#'($'1.'B"(.'F*$'$,.'($'&,">$2'H,.+$<'41'#">2":").(&').#"'-$&16>")&'
F*$'"+.'.(F*","$2(&'C,&>,$#"B.?$2-$'#*').,,$,.'($2-,&'($'*2.'$#).1.'($1"?"-.(.E'C&,'
*2'1.(&E'C&,'1.'),$.)"62';E'C&,'$1'&-,&E'C&,'$1'I*")"&':"2.1'($I6'($'1.(&'1&#'$1$?$2-&#'
>,"$>&# ' C,$#$2-$# ' $2 ' $1 ' "2")"& ' ($ ' 1. ' -,.(")"62< ' R&1& '4&)D"2+.)%+"' ($ ' o.1-$, ' ($'
a8{-"11&2E')&?C*$#-.')&?&'*2'C&$?.'LC")&'$2'1.-K2'$2'UUYPE')&2#-"-*;$'*2.'2&-&,".'
$c)$C)"62'.'1.',$>1.'>$2$,.1 '.1 ',$)&2#-,*", '*2 '01$I.2(,& 'B")-&,"&#&'$'"?C$,".1 'F*$'
.C.,$)K.',$-,.-.(&')&?&'*2'>,"$>&'F*$'"2)&,C&,.+.'$1'$#-.2(.,-$'($'1.'1*)8.'$2-,$'
4*,&C.E',$C,$#$2-.(.'C&,'*2.'N,$)".'*2":").(.E';'0#".<'41'1"+,&E'#"2'$?+.,>&E'+.#.(&'
$2 ' :*$2-$# ' $c)1*#"B.?$2-$ ' 1.-"2.#E ' ,$)&2#-,*K. ' *2. ' "?.>$2 ' ($ ' N,$)". ' F*$ ' 2& ' #$'
.I*#-.+.'.'1.',$.1"(.('8"#-6,").')&2-$?C&,H2$.'($1'#">1&'5i'.<a<'#"2&'?H#'+"$2'.'1.'
B"#"62'$#-$,$&-KC").'($'LC&).'"?C$,".1E',$#*?"(.'$2'*2.'&+,.')&?&'1.'($'0*1&'N$1"&E'
$2 ' 1. ' F*$ ' *2. ' )*1-*,. ' )&?J2 ' >,$&,,&?.2. ' $,. ' &+I$-& ' ($ ' ("#)*#"62 ' $2 ' ?$("& ' ($'
&C*1$2-&#'+.2F*$-$#'C&,':"16#&:&#'>,"$>&#';'#*#'("#)KC*1&#',&?.2&#<
T.?C&)&'1.'8"#-&,".'>,"$>.')&2#-"-*K.'$1'C1.-&':*$,-$'($'1.'$,*(")"62'$*,&C$.'($'
1.'LC&).<'01>*2&#'C$,#&2.I$#';'.)&2-$)"?"$2-&#'($#-.).(&#'.C.,$)K.2')&2:*2("(&#'
;'("#C$,#&#'($2-,&'($'*2'$#F*$?.'8"#-6,")&'?*)8&'?H#'.?C1"&'"2-$>,.(&'C&,'1&#'
-"$?C&# ' +K+1")&# ' ; ' ,&?.2&# ' $2 ' &+,.# ' ($ ' >,.2 ' (":*#"62E ' )&?& ' 1. ' $2)")1&C$(".'
($2&?"2.(. 'R6)*9&95#S"%9/E')&?C*$#-.'C&,'$1'(&?"2")&'i"2)$2-'($'\$.*B."#'$2'
UOVZ<'!$1'1.(&')1H#")&E'1&#'C$,#&2.I$#',&?.2&#'(&?"2.+.2')1.,.?$2-$'1.'$#)$2.E'
)&?& ' C*$($ ' .C,$)".,#$ ' $2 ' 1. ' #$1$))"62 ' ($ ' R8.j$#C$.,$E ' F*"$2 ' #$ ' ($).2-6 ' C&,'
"2("B"(*&#')&?&'a&,"&1.2&E'7*1"&'aL#.,E'\,*-&'&'S.,)&'02-&2"&E'.'C$#.,'($'F*$'#*'
:*$2-$ ' ($ ' "2#C",.)"62 ' $,. ' 1. ' -,.(*))"62 ' "2>1$#. ' )&,,$#C&2("$2-$ ' ($ ' 1.# 'Z%+"/#
6"."&)&"/' ($ ' b1*-.,)&E ' (&2($ ' $c"#-K. ' *2 ' $F*"1"+,"& ' $2-,$ ' >,"$>&# ' ; ' ,&?.2&#< ' R"2'
$?+.,>&E'#61&'1&#'C$,#&2.I$#'($'01)"+K.($#'&'$1'?*)8&'?$2&#'"?C&,-.2-$'($'T"?62'
11.?.,&2'C&($,&#.?$2-$'1.'.-$2)"62'($1')L1$+,$'(,.?.-*,>&'"2>1L#E'F*$'.1'C.,$)$,'
"?.>"2.+.'1.')"*(.('($'0-$2.#')&?&'*2.',$CJ+1").'.'1.'?.2$,.'($'A&?.E';.'F*$'
.C.,$)$2'#$2.(&,$#')&?&',$C,$#$2-.2-$#'($1'$#-.(&'$2'#*'&+,.'0%5;2#+)#4()2"/<'
R8.j$#C$.,$')&2$)-6'"2-$1$)-*.1?$2-$')&2'1.',$.1"(.('C&1K-").';'#&)"&16>").',&?.2.E'
C$,&E'$2').?+"&E'2&'11$>6'.')&?C,$2($,'1&'#*:")"$2-$'$1'?*2(&'>,"$>&')&?&'C.,.'
,$:1$I.,1&'$2'#*#'&+,.#E')&?&'8"3&'-.2'+"$2')&2'A&?.<'52)1*#&'?*)8&'?H#'-.,($E';.'
$2'C1$2&'#">1&'di555E')*.2(&'1&'>,"$>&'8.+K.'.1).23.(&'?.;&,$#')*&-.#'($'C,$#$2)".'
$2'1.'B"(.'"2-$1$)-*.1'$*,&C$.E'$1'($#)&2&)"?"$2-&'($'1.'8"#-&,".'>,"$>.'#$>*K.'#"$2(&'
#">2":").-"B&E '#"'-$2$?&# '$2')*$2-. 'F*$'.*-&,$# ')&?& 'i&1-.",$ '#"-*.+.2 '. 'M"1"C& ';'
01$I.2(,&'($2-,&'($'1.'?"#?.'LC&).'F*$'M"(".#';'b$,")1$#<
0'1&'1.,>&'($'1&#'#">1&#'diE'di5';'di55'1&'>,"$>&')&2-"2*&'&)*C.2(&'*2.')1.,.'
C&#")"62'#$)*2(.,".',$#C$)-&'.'1&',&?.2&<'D.'11$>.(.'($1'A$2.)"?"$2-&'2&'B.,"6'1.#'
)&#.# ' $2 ' $#-. ' (",$))"62E ' ;. ' F*$E ' )&?& ' 8. ' #$%.1.(& ' .)$,-.(.?$2-$ 'b$-$, ' \*,j$E'
:*$,&2'1.#',*"2.#'($'A&?.';'2&'1.#'($'0-$2.#'1.#'F*$'"2#C",.,&2'.'1&#'8*?.2"#-.#E'
F*$'"2-$2-.,&2'.'#*'B$3'$?*1.,'$1'1.-K2'($'a")$,62';'#"-*.,&2')&?&'?&($1&#'1"-$,.,"&#'
.'"?"-.,'.'1&#'>,.2($#')1H#")&#'1.-"2&#')&?&'i",>"1"&E'D"B"&'&'RL2$).<'D&#'2&?+,$#'
1.-"2&#'($'("&#$#';'("&#.#'#$'"?C*#"$,&2')1.,.?$2-$'.'1&#'>,"$>&#';'1&#'$I$?C1&#'($'
1"+$,-.('C&1K-").'F*$'1.#')"*(.($#m$#-.(&',$2.)$2-"#-.#'$#-.+1$)K.2')&?&',$:$,$2-$#'
?&(L1")&#'1&#'#$>*K.'C,&C&,)"&2.2(&'1.'A&?.',$C*+1").2.'?H#'F*$'1.'($?&),H-").'
0-$2.#<'52)1*#&'(*,.2-$'1.'A$B&1*)"62'M,.2)$#.E')*.2(&';.'N,$)".'8.+K.'$?C$3.(&'
.'$?$,>$,'($'#*'#$)*1.,'?.,>"2.)"62',$#C$)-&'.'A&?.';')*.2(&'#$'$2.,+&1.+.2'1&#'
B"$I&#'"($.1$#'$#C.,-.2&#')&?&'1$?.#'C&1K-")&#';'$(*).-"B&#'$2-,$'.1>*2&#'($'#*#'
?H#',$C,$#$2-.-"B&#'"($61&>&#E'-&(.BK.'#$'$#)*)8.'$c)1.?.,'.'R."2-'7*#-E'*2.'($'1.#'

)")

:">*,.# ' (",">$2-$# ' ($1 ' ,$"2.(& ' ($1 ' -$,,&,/ ' pF*$ ' 1&# ' 8&?+,$# ' ,$B&1*)"&2.,"&# ' #$.2'
,&?.2&#q<
R"2'$?+.,>&E'.'C$#.,'($'$#-.'C&#")"62'#$)*2(.,".'($'1&'>,"$>&')&2',$1.)"62'.'
1&',&?.2&E';.'($#($'$1'A$2.)"?"$2-&E';'#$>*,.?$2-$'.2-$#E')*.2(&'#$',$)1.?.+.'
*2'b.,K#'(&?"2.(&'C&,'1.#'$#)*$1.#'.,"#-&-L1").#'?$("$B.1$#')&?&'1.'2*$B.'0-$2.#E'
#$',$)*,,K.')*,"&#.?$2-$'.'C$,#&2.I$#'#.).(&#'($'1.'6,+"-.'>,"$>.'C.,.')&2#-,*",'$1'
$1&>"&'($#&,+"-.(&'($'.F*$11&#')&2-$?C&,H2$&#'F*$'$,.2')&2#"($,.(&#'1&#'?Hc"?&#'
.(.1"($#'$2'$1'-$,,$2&'.,-K#-")&';'1"-$,.,"&<'0#K'b$-,.,).')&?C.,.+.'.'*2'C"2-&,'.?">&'
#*;& ' )&2 ' 9$*c"# ' ; ' b,.cK-$1$#E ' . ' C$#., ' F*$ ' 1. ' C"2-*,. ' >,"$>. ' $,. ' )&?C1$-.?$2-$'
($#)&2&)"(.';'2&'$c"#-K.E'C&,'-.2-&E'2"2>J2'C.-,62'B.1&,.-"B&')&2),$-&'F*$'#*#-$2-.,.'
(")8.#'.:",?.)"&2$#<'b"2-&,$#')&?&'T"3".2&E'!*,$,&'&'A*+$2#':*$,&2'$F*"C.,.(&#'.'
0C$1$#E';'S">*$1'n2>$1'$,.'8.+"-*.1?$2-$'#"-*.(&'.'1.'.1-*,.'($'$#-$'?"#?&'.,-"#-.'
>,"$>& ' ; ' ($ ' b,.cK-$1$#< ' 4#-. ' ?"#?. ' -$2($2)". ' . ' *-"1"3., ' C.,H?$-,&# ' >,"$>&# ' C.,.'
,$:1$I.,'*2.'B.1&,.)"62'#"2'C.1".-"B&#'#$'(.+.'-.?+"L2'$2-,$'1&#'$#),"-&,$#E'F*$'$,.2'
$F*"C.,.(&#'.'1&#'>,.2($#'.*-&,$#')1H#")&#E')&?&'#*)$("6')&2'1.'C&$-"#.'"-.1".2.'
N.#C.,.E').-.1&>.(.')&?&'1.'2*$B.'R.:&E')&2'$1':,.2)L#'7$.2'!&,.-E'?.$#-,&'($'1&#'
C&$-.#'F*$')&?C&2K.2'$1')K,)*1&'($'1.'b1L;.($';')&2#"($,.(&'$1'h&?$,&'>.1&';'$1'
bK2(.,&':,.2)L#E'&')&2'$1'$#),"-&,'.1$?H2'($')&?$(".#'1.-"2.#']")&($?*#'M,")81"2E'
-"1(.(&')&?&'$1'0,"#-6:.2$#'>$,?.2&<'!$'1.'?"#?.':&,?.'$#-.')&#-*?+,$'#$'$c-$2("6'
-.?+"L2'.1'-$,,$2&'($'1.')"$2)".';'1.'-L)2").E')&2').1":").-"B&#')&?&'$1'($1'T&1&?$&'
(.2L# ' C.,. ' $1 ' .#-,62&?& ' T;)8& ' \,.8$ ' & ' $1 ' ($ ' 2*$B& '0,F*K?$($# ' .1 ' .,F*"-$)-&'
:1&,$2-"2&'\,*2$1$#)8"<'52)1*#&'.1>*2.#')"*(.($#'#$'.C*2-.,&2'-.?+"L2'.'$#-.'?&(.'
($'$1&>"&'.'1.'>,"$>.E')&?&':*$'$1').#&'($'M1&,$2)".E'S"1H2'&'a&"?+,.E'F*$':*$,&2'
-.)8.(.#')&?&'#$>*2(.#'0-$2.#<

<)'"#/#+$4?"%2%#10*'/#'!"#$%&

R"2'$?+.,>&E'2&'($I.'($'#$,')"$,-&'F*$')&2'1.'11$>.(.'($1'A$2.)"?"$2-&'#$'
C,&(*I&'*2.')"$,-.'"2:1$c"62'$2'$1':"$1'($'1.'+.1.23.';'#$'.*#C")"6'*2'?$I&,';'?H#'
C,&:*2(&')&2&)"?"$2-&'($'-&(&'1&'>,"$>&E'F*$'"2.*>*,.+.'.1'?$2&#'1&'F*$'C&(,K.'
(&?"2.,#$')&2')"$,-& '&C-"?"#?&'*2',$($#)*+,"?"$2-&'($'N,$)".<'42'$#-$ 'C,&)$#&'
($#$?C$%.,&2 '*2'C.C$1'($-$,?"2.2-$'1&#'$#-*("&#&#'+"3.2-"2&# 'F*$ '$#).C.,&2'.'
5-.1".E ' -.2-& ' "2?$(".-.?$2-$ ' .2-$# ' )&?& ' C&)& ' ($#C*L# ' ($ ' 1. ' )&2F*"#-. ' -*,). ' ($'
a&2#-.2-"2&C1.'$2'U^VQ<'4#'+"$2')&2&)"(&'$1'"?C.)-&'($'1.'C,$#$2)".'($'.1>*2.#'($'
$#-.#':">*,.#'$2'1.#')"*(.($#'"-.1".2.#E')&?&'1.'($'S.2*$1'a,"#&1&,.#'$2'M1&,$2)".E'
F*$ ' $2#$%6 ' >,"$>& ' .11K ' . ' :"2.1$# ' ($1 ' #">1& ' d5i ' ; ' )&2-6 ' $2-,$ ' #*# ' ("#)KC*1&# ' )&2'
C$,#&2.I$#'-.2',$1$B.2-$#'($1'8*?.2"#?&'"-.1".2&')&?&'b&>>"&'\,.))"&1"2"E'&'1.'($'
!$?$-,"&'a.1)&2("1.#'$2'b.(*.E'(&2($'"?C.,-"6'#*#'$2#$%.23.#'.'C.,-",'($'U^`Q';'
-*B& ' $2-,$ ' #* ' .1*?2.(& ' . ' \.1-.#., ' ($ ' a.#-">1"&2$E ' .*-&, ' ($1 ' )L1$+,$ ' 1"+,& ' ($1'
,'.()/"2'<'D.'("H#C&,.'>,"$>.'#&+,$C.#6'1&#'1K?"-$#'($'5-.1".';'.1).236'-.?+"L2'.'
M,.2)".E')&2'1.'C,$#$2)".'($'7.2*#'D.#).,"#'$2'b.,K#E'$'"2)1*#&'.'4#C.%.E')&2'1.'($'
!$?$-,"&#'!*).#E'F*$'$I$,)"6'#*'?.>"#-$,"&'$2'1.',$)"$2-$'f2"B$,#"(.('($'01).1H'($'
h$2.,$# ' $2-,$ ' UVUQ ' ; ' UVUX< ' D.# ' ,$:$,$2)".# ' . ' 1. ' $2#$%.23. ' 8.+"-*.1 ' ($1 ' >,"$>&'
$?C"$3.2'.'#$,':,$)*$2-$#'.')&?"$23&#'($1'#">1&'di5'$2'*2"B$,#"(.($#')&?&'1.#'($'

)"!

D$"C3">E'b.,K#E'ec:&,(E'a.?+,"(>$E'o"--$2+$,>'&'h$"($1+$,><'4#-$'$2-*#".#?&'C&,'$1'
.C,$2("3.I$'($1'>,"$>&'F*$(6')"$,-.?$2-$'1"?"-.(&'.'*2.'?"2&,K.'($'$#-*("&#&#E'C$,&'
#*# ' $:$)-&# ' ?H# ' & ' ?$2&# ' "2?$(".-&# ' #$ ' ($I.,&2 ' #$2-", ' -.?+"L2 ' $2 ' ).C.# ' ?H#'
.?C1".#'($'1.'C&+1.)"62'F*$',$2&B.,&2'&'"2)$2-"B.,&2'#*'"2-$,L#'C&,'1&'>,"$>&E'#"'+"$2'
$2'1.'?.;&,K.'($'1&#').#&#'#$'-,.-.+.'($',.3&2$#'$#C*,".#'&'.I$2.#'.'*2.')*,"&#"(.('
(",$)-. ' C&, ' 1. ' )"B"1"3.)"62 ' )1H#").E ' (",">"(.# ' ?H# ' 8.)". ' "2-$,$#$# ' ,$1">"&#&# ' &'
C,$&)*C.)"&2$# ' ($ ' ).,H)-$, ' ?&,.1< ' !$ ' 8$)8&E ' -&(.BK. ' )&$c"#-"$,&2 ' .)-"-*($# ' ($'
$2-*#".#?&';'.(?",.)"62')&2'&-,.#'($',$)$1&';'8&#-"1"(.(E')&?&'1.'($1'C.C.'0(,"H2'
5iE ' F*$ ' )&2#"($,.+. ' 1.# ' $#)*1-*,.# ' )1H#").# ' #"?C1$# ' K(&1&# ' C.>.2&#E ' & ' 1. ' ($1'
?"#?K#"?&'a.1B"2&'F*$'.'1.'C.,'F*$'?",.+.')&2'#*#C").)".'1&#'"2-$2-&#'($'?$3)1.,'1.'
:"1&#&:K.'C.>.2.')&2'$1'),"#-".2"#?&')"-.+.'.'b1.-62')&2':,$)*$2)".'$2'#*'&+,.'$'8"3&'
($'#*')"*(.(E'N"2$+,.E'*2.'$#C$)"$'($',$CJ+1").'C1.-62").'F*$'"?C&2K.'1.'C,H)-").'($'
1.'B",-*(';'2&'.)&>K.')&2'.>,.(&'1.'C,$#$2)".'($'1&#'C&$-.#<
0 ' C.,-", ' ($ ' UVPP ' 1&# ' -$c-&# ' >,"$>&# ' $?C$3.,&2 ' . ' .+*2(., ' >,.)".# ' . ' 1.'
"2B$2)"62 ' ($ ' 1. ' "?C,$2-. ' ; ' 1. ' >,.2 ' .)-"B"(.( ' ($#.,,&11.(. ' $2 ' $#-$ ' ).?C& ' C&, ' $1'
B$2$)".2&'01(&'S.2*)"&E'F*$'C*+1")6'2.(.'?$2&#'F*$').#"'OY'.*-&,$#'>,"$>&#'$2-,$'
U^Z^';'UVUV<'01'?"#?&'-"$?C&'#$'"2),$?$2-6'-.?+"L2'$1'2J?$,&'($'-,.(*))"&2$#'
("#C&2"+1$# ' ($ ' &+,.# ' >,"$>.# ' F*$ ' C$,?"-"$,&2 ' *2 ' ?$I&, ' )&2&)"?"$2-& ' ($ ' #*'
C$2#.?"$2-& ' ; ' #* ' 1"-$,.-*,.< ' a&2 ' 1. ' .:1*$2)". ' ($ ' 2*?$,&#&# ' -$c-&# ' >,"$>&# ' .'
e))"($2-$E'1&#'8*?.2"#-.#'"-.1".2&#'($#)*+,"$,&2'F*$'$2'?*)8&#').?C&#'($1'#.+$,'
1&#',$#*1-.(&#'.1).23.(&#'C&,'1&#'>,"$>&#'C$,?.2$)K.2'8.#-.'$2-&2)$#'"2#*C$,.(&#'
;'#"2'C*2-&'($')&?C.,.)"62')&2'#*#')&,,$#C&2("$2-$#'1.-"2&#E'#"'$#'F*$'1&#'8.+K.<'R$'
"2")"6'.#K'*2.'.C,&C".)"62'#"#-$?H-").'($'1.'8$,$2)".'>,"$>.'.'C.,-",'($'1&#'C,"?$,&#'
.%&#'($1'#">1&'di'F*$'C&2$'($'?.2":"$#-&'$1'8$)8&'?H#'F*$'$1&)*$2-$'($'F*$'2*$B$'
(L)"?.#'C.,-$#'($'1.#'-,.(*))"&2$#'1.-"2.#'($'-$c-&#'>,"$>&#'$:$)-*.(.#'$2-,$'$1'`PP'
;'$1'U`PP'#$'#"-J.2'C,$)"#.?$2-$'$2'$#-$'J1-"?&'C$,K&(&<'!$'8$)8&E'.':"2.1$#'($1'di5'
$#-.+. ' ;. ' ("#C&2"+1$ ' $2 ' -,.(*))"62 ' 1.-"2. ' 1. ' ?.;&, ' C.,-$ ' ($1 ' C.-,"?&2"& ' 1"-$,.,"&'
>,"$>&')&2#$,B.(&'8.#-.'2&#&-,&#<
b$,& ' 1. ' (":*#"62 ' ($ ' 1&# ' -$c-&# ' >,"$>&# ' .1).236 ' ">*.1?$2-$ ' . ' 1.# ' 1$2>*.#'
B$,2H)*1.#< ' T,.# ' 1. ' -,.(*))"62 ' ($ ' 1. 'C&F"+"' .1 ' 1.-K2 ' C&, ' &+,. ' ($ ' D&,$23& ' i.11. ' .'
?$(".(&# ' ($1 ' diE ' 1&# ' C&$?.# ' 8&?L,")&# ' #$ ' -,.(*I$,&2 ' ($#C*L#E ' $2 ' $1 ' di5E ' .1'
"-.1".2&E':,.2)L#E'"2>1L#E'.1$?H2';'8&1.2(L#<'S*)8&#'($'1&#'("H1&>&#'($'b1.-62'#$'
-,.(*I$,&2'.'B.,".#'1$2>*.#';')&2-,"+*;$,&2'.#K'($'?.2$,.'($)"#"B.'.'$c-$2($,'$1'
$2-*#".#?&'C&,'#*#'(&)-,"2.#':"1&#6:").#'C&,'+*$2.'C.,-$'($'4*,&C.<'R$'-,.(*I$,&2'$'
"?"-.,&2 ' -.?+"L2 ' 1&# ' ("#)*,#&# ' ($ ' !$?6#-$2$# ' $ ' 5#6),.-$#< ' D&# ' 8"#-&,".(&,$#'
#*#)"-.,&2'-.?+"L2'2*$B&'"2-$,L#E')&?&':*$'$1').#&'($'h$,6(&-&'.'?$(".(&#'($1'
#">1&'di5E')*;.#'($#),"C)"&2$#'($'C*$+1&#'$c6-")&#'$2).I.+.2'.8&,.'+"$2')&2'1.#'
2*$B.#')",)*2#-.2)".#'C,&C")".(.#'C&,'$1'($#)*+,"?"$2-&'($'0?L,").<'D.# 'H(%;6%*"/#
($'h$1"&(&,&':*$,&2'-,.(*)"(.#'.1':,.2)L#E'.1'"-.1".2&';'.1'$#C.%&1'.'?$(".(&#'($1'di5'
;'$I$,)"$,&2'*2.')&2#"($,.+1$'"2:1*$2)".'$2'2&B$1.#')&?&'O)./%&)/#3#R)B%/592+"'($'
a$,B.2-$#'&'$2'1. '>9)M"#4.*"+%"' ($1'$#),"-&,'"2>1L#'b8"1"C'R"(2$;<'01>*2&#'.*-&,$#'
)&?&'D*)".2&'>&3.,&2'($'*2.'C.,-")*1.,'C&C*1.,"(.(';'#$')&2B",-"$,&2'$2'*2'?&($1&'
1"-$,.,"&'$2'$1'#">1&'di5E'.'C$#.,'($'1.#')&2($2.#'F*$'?$,$)"6'#*'&+,.'.'1&#'&I&#'($'
D*-$,&'&'a.1B"2&E'"2:1*;$2(&'($'?.2$,.'($)"#"B.'$2'.1>*2.#'&+,.#')&2-$?C&,H2$.#'
)&?&'1.#'($ '4,.#?& '($ 'A&--$,(.? '& '1.#'($1 '$#C.%&1 '01:&2#& '($'i.1(L# ';'1. '($1'
:,.2)L#'\*$2.B$2-*,.'($#'bL,"$,#E'F*$'.(.C-.,&2'$1'1$2>*.I$';'$1'$#-"1&'#.-K,")&'($1'
$#),"-&,'>,"$>&'.'#*#'C,&C".#'2$)$#"(.($#<

)""

41 ' $2-*#".#?& ' ,$2.)$2-"#-. ' C&, ' 1& ' >,"$>& ' #$ ' )$2-,6 ' $#C$)".1?$2-$ ' $2 ' $1'
-$,,$2&'($'1.':"1&#&:K.E')&?&'F*$(.',$:1$I.(&'$2'*2')*.(,&'-.2'$?+1$?H-")&'($'1&#'
"2-$,$#$# ' ($ ' 1. ' LC&). ' )&?& '!" # )/*9)&" # +) # 4()2"/' ($ ' A.:.$1E ' (&2($ ' .C.,$)$2'
,$C,$#$2-.(&# ' *2. ' #$,"$ ' ($ ' :"16#&:&# ' >,"$>&# ' . ' )*;. ' ).+$3. ' :">*,.2 ' b1.-62 ' ;'
0,"#-6-$1$#<'T,.#'$1 ')1.,&'C,$(&?"2"& '.,"#-&-L1")& 'F*$'8.+K. ').,.)-$,"3.(& '.'+*$2.'
C.,-$'($'1.')*1-*,.'?$("$B.1E'.8&,.'1$'11$>6'$1'-*,2&'.'b1.-62E'($#)*+"$,-&'#&+,$'-&(&'
.'-,.BL#'($'1&#'$#),"-&#'2$&C1.-62")&#E'F*$'C&)&'-$2K.2'F*$'B$,'$2'&).#"&2$#')&2'1.'
B$,(.($,.'(&)-,"2.'($1':"16#&:&'.-$2"$2#$<'f2.':">*,.')1.B$'$2'$#-$',$($#)*+,"?"$2-&'
C1.-62")&':*$'$1'$#-*("&#&'>,"$>&'7&,>$'N$?"#-&'b1$-62E'F*$'8.+K.'#"(&'$2B".(&'.1'
a&2)"1"&'($'M1&,$2)".'$2'U^QX'C.,.'("#)*-",'1.'*2"(.('$2-,$'1.#'">1$#".#').-61").';'
&,-&(&c.<'5?C,$#"&26':.B&,.+1$?$2-$'.1'>&+$,2.2-$'($'1.')"*(.(E'a&#?$'($'S$(")"E'
F*$'.2"?6'?H#'-.,($'.'S.,#"1"&'M")"2&'.'-,.(*)",'.1'1.-K2'1.#'&+,.#'($'b1.-62E'b1&-"2&E'
b&,:","&E'7H?+1")&';'b,&)1&E'.#K')&?&'1&#'$#),"-&#'8$,?L-")&#<'M")"2&'11$>6'"2)1*#&'.'
:*2(.,'*2.'.).($?".'F*$')$1$+,.+.')&2'*2'+.2F*$-$'.'1.'.2-">*.'$1'(K.'2.-.1")"&'($1'
>,.2':"16#&:&'>,"$>&<'41'$2-*#".#?&'C&,'b1.-62'#$'$c-$2("6'C&,'&-,.#'C.,-$#'($'4*,&C.'
;'.:$)-6'-.2-&'.'8&?+,$#'($')"$2)".')&?&'b.,.)$1#&E'a&CL,2")&'&'v$C1$,')&?&'.'
)K,)*1&# ' .,-K#-")&# ' ; ' )&,-$#.2&# ' $2-,$ ' 1&# ' F*$ ' #$ ' )&2-.+.2 ' C$,#&2.1"(.($# ' )&?&'
S">*$1'n2>$1E'$1'N,$)&'&'S.,>.,"-.'($'].B.,,.<']*?$,&#&#'("H1&>&#'#&+,$'$1'.?&,'
(":*2("$,&2 ' .1>*2.# ' ($ ' $#-.# ' "($.# ' C1.-62").# ' C&, ' .?C1"&# ' )K,)*1&# ' #&)".1$#< ' R"2'
$?+.,>&E'$1'$#-K?*1&'C,"2)"C.1'C.,.'$#-.'B*$1-.'.1'C1.-&2"#?&'#$'8.11.+.'$2'$1'"2-$2-&'
($ ' (&-., ' . ' 1. ' -$&1&>K. ' ),"#-".2. ' ($ ' *2. ' +.#$ ' ?H# ' .($)*.(. ' F*$ ' 1. ' F*$ ' C&(K.'
C,&C&,)"&2., ' 0,"#-6-$1$#< ' s. ' b$-,.,). ' 8.+K. ' ($#)*+"$,-& ' F*$ ' #61& ' $1 ' C1.-&2"#?&'
),"#-".2"3.(& ' C&(K. ' )&2#-"-*", ' *2 ' B$,(.($,& ' .2-K(&-& ' )&2-,. ' 1. ' .,,&>.2)". ' ($ ' 1&#'
:"16#&:&#E'F*$E'11$B.(&#'($'*2.'B$2$,.)"62'$c)$#"B.'8.)".'1.#'(&)-,"2.#'.,"#-&-L1").#E'
8.+K.2'($,"B.(&'$2'1.'"?C"$(.('8.#-.')&2#-"-*",'*2'.*-L2-")&'C$1">,&'C.,.'1.')*1-*,.'
),"#-".2.< ' 42 ' ).?+"& ' 1.# ' (&)-,"2.# ' ($ ' b1.-62E ' )&2 ' #* ' "2#"#-$2)". ' $2 ' .#C$)-&# ' -.2'
($)"#"B&#')&?&'1.'-,.#)$2($2)".';'$1').,H)-$,'"2)&,C6,$&'($'1.'2.-*,.1$3.'("B"2.E'1.'
),$.)"62E ' 1. ' "2?&,-.1"(.( ' ($1 ' .1?. ' ; ' $1 ' C,$?"& ' & ' $1 ' ).#-">& ' -,.# ' 1. ' ?*$,-$E'
C,&C&,)"&2.+.2'.'1.':$'),"#-".2.'1&#'.,>*?$2-&#',.)"&2.1$#'2$)$#.,"&#'C.,.',$:&,3.,'
?H# ' F*$ ' .?$2.3., ' #* ' $c"#-$2)".< ' 41 ' C1.-&2"#?& ' #$ ' )&2B",-"6E ' C&, ' -.2-&E ' C.,. ' 1&#'
8*?.2"#-.# ' ($1 ' A$2.)"?"$2-& ' $2 ' *2 ' "2#-,*?$2-& ' $#$2)".1 ' )&2 ' $1 ' F*$ ' #*C$,.,E'
#"F*"$,. 'C.,)".1?$2-$E'1.#'-$2#"&2$#').#"'.2)$#-,.1$# '$2-,$'1.')*1-*,.'C.>.2.';'1.'
),"#-".2.< ' D. ' ,$)*C$,.)"62 ' ($1 ' C1.-&2"#?& ' .2-">*& ' )&2#-"-*;$ ' ($ ' $#-$ ' ?&(& ' 1.'
$?C,$#.')*1-*,.1'?H#'"?C&,-.2-$'($'1&#'$#-*("&#'>,"$>&#'$2'$1')*,#&'($1'#">1&'di<
41'.-,.)-"B&'C,"2)"C.1'($'b1.-62'$,.'F*$'C,&C&,)"&2.+.'*2.'#$,"$'($'"($.#'($'
1.#'F*$'*2&'C&(K.'.C,&C".,#$')&2',$1.-"B.':.)"1"(.('C.,.'"2)&,C&,.,1.#'.'#*#'C,&C"&#'
$#F*$?.#'#"2'2$)$#"(.('($'.(&C-.,'-&(&'*2'#"#-$?.':"1&#6:")&')$,,.(&';')&8$,$2-$'&'
($' "?C1").,#$' .':&2(&' $2 '#*#')&2#$)*$2)".# '16>").#< '0#K' 1.#' -$2($2)".# '*-6C").#'
,$2.)$2-"#-.# ' ,$C,$#$2-.(.# ' $2 ' 1.# ' &+,.# ' ($ ' T&?H# ' S&,& ' & ' ($ ' a.?C.2$11. ' #$'
2*-,"$,&2'($'$#-.'"2#C",.)"62'C1.-62").'$2'#*'("#$%&'($'$#-.(&#'"($.1$#'F*$'("#)*-K.2'
)*$#-"&2$#')&?&'1.')&?*2"(.('($'+"$2$#';'($'?*I$,$#<'e-,&#'-,.-.,&2'($'8.11.,'$2'$1'
C1.-&2"#?& ' #&,C,$2($2-$# ' C.,.1$1&# ' )&2 ' 1. ' -$&1&>K. ' ),"#-".2.E ' )&?& ' $1 ' ).,($2.1'
v$#.,"62E ' F*$ ' ($:$2(K. ' F*$ ' 1&# ' C,"2)"C"&# ' ($ ' 1. ' B$,(.($,. ' -$&1&>K. ' #$ ' 8.11.+.2'
)&2-$2"(&#';.'$2'b1.-62';'F*$'#*#'&+,.#'$,.2E'C&,'-.2-&E'?H#')&?C.-"+1$#')&2'1.'
a,"#-".2(.( ' ; ' 1.# ' R.>,.(.# ' 4#),"-*,.# ' F*$ ' 1&# ' -,.-.(&# ' ($ '0,"#-6-$1$#< ' 41 ' C,&C"&'
4,.#?&E'F*$'#$'?&#-,.+.'?*)8&'?H#').*-&'$2'$#-$'-$,,$2&E'#$',$:$,K.E'$2').?+"&E'.'
?$2*(&'.'b1.-62')&?&'$1'("B"2.?$2-$'"2#C",.(&<'52)1*#&'$2'$1'-$,,$2&'($'1.'-$&,K.'
($1'.,-$'#$',$)*C$,.,&2'$2'$#-$'C$,K&(&'.1>*2&#')&2)$C-&#'C1.-62")&#')&?&'$1'($'1.'

)"#

"2#C",.)"62 '.,-K#-"). ' $2-$2("(. ')&?& '1&)*,. ' ("B"2. ' ;' $1 ' ($ '1. ' 5($. ' #*C,$?. ' )&?&'
:&,?.'.+#&1*-.'$'"2?.-$,".1"3.(.<
R"2 ' $?+.,>&E ' $#-$ ' ,$($#)*+,"?"$2-& ' ($ ' b1.-62 ' 2& ' "?C1")6 ' 1. ' ).K(. ' $2'
($#>,.)".'($'0,"#-6-$1$#'2"'1.'CL,("(.'($'#*'8$>$?&2K.'"2-$1$)-*.1E';.'F*$')&2-"2*6'
#"$2(&'1.',$:$,$2)".'"2$F*KB&).'($'?*)8&#'$#-*("&#&#'$*,&C$&#E'-.2-&'C,&-$#-.2-$#'
)&?&').-61")&#<'!$'8$)8&E'.'C$#.,'($1'"?C*1#&'(.(&'.'1&#'$#-*("&#'C1.-62")&#'$2'
$#-$'C$,K&(&E'1&#'2J?$,&#'8.+1.2'C&,'#K'#&1&#'#"'-$2$?&#'$2')*$2-.'F*$'8.)".'$1'
U`PP'$c"#-K.2'?H#'($'-,$#'?"1'$(")"&2$#'($'1"+,&#'.)$,).'($'0,"#-6-$1$#E'+"$2'($'&+,.#'
C,&C".#'&'$#-*("&#'.I$2&#E':,$2-$'.'1.#'?$2&#'($'F*"2"$2-.#'.)$,).'($'b1.-62<'D.#'
&C"2"&2$#'($1':"16#&:&'($1'D")$&'"2#C",.,&2';'("$,&2'C"$'.'2*?$,&#&#'-,.+.I&#'$2'$1'
).?C&'($'1.')"$2)".'($#($'1.'+"&1&>K.'8.#-.'1.':K#").<'41'-$c-&'.,"#-&-L1")&'$,.'.8&,.'
1$K(& ' $2 ' $1 ' &,">"2.1 ' >,"$>& ' & ' $2 ' +*$2.# ' -,.(*))"&2$# ' . ' ).,>& ' ($ ' ,$C*-.(&#'
8*?.2"#-.#')&?&'D$&2.,(&'\,*2"E'F*$'.:",?.+.')&2'&,>*11&'F*$'1&#':"16#&:&#'>,"$>&#'
$,.2'.8&,.')&2-$?C1.(&#'p).,.'.').,.q'=+)#A"*%)#"+#A"*%)5@E'.'(":$,$2)".'($'1&'F*$'
8.+K. ' &)*,,"(& ' $2 ' $1 ' C$,K&(& ' ?$("$B.1 ' .2-$,"&,< ' 41 ' ($#)*+,"?"$2-& ' ($ ' 1. 'O'8(%*"#
C,&(*I& ' .($?H# ' *2 ' $2&,?$ ' ,$B*$1& ' F*$ ' F*$(6 ' ,$:1$I.(& ' $2 ' $1 ' >,.2 ' 2J?$,& ' ($'
$(")"&2$#';')&?$2-.,"&#'F*$'#">*"$,&2'.')&2-"2*.)"62<'R*'"2:1*$2)".'$2'1.'1"-$,.-*,.'
C&#-$,"&,':*$'"22$>.+1$';'1.'.*-&,"(.('($'0,"#-6-$1$#'F*$(6'8.#-.'-.1'C*2-&':&,-.1$)"(.'
F*$'$1'>,.2':"161&>&'8&1.2(L#'7&#L'7*#-&'4#).1K>$,&'1$').1":")6'($'%56)."('.#2'/().'$2'
$1'#$2-"(&'($'F*$'($-$,?"2.+.';',$>K.'-&(.#'1.#'C,&(*))"&2$#'.,-K#-").#<
D.'.(?",.)"62';'$1'$2-*#".#?&'C&,'1.':"1&#&:K.'>,"$>.'#$'$c-$2("$,&2'-.?+"L2'.'
1. ' :">*,. ' $?+1$?H-"). ' ($ ' R6),.-$#E ' F*$ ' #$ ' )&2B",-"6 ' $2 ' $1 ' A$2.)"?"$2-& ' $2 ' *2.'
$#C$)"$'($'8L,&$';':*$'($#),"-&'C&,'D$&2.,(&'\,*2"')&?&'$1':"16#&:&'?H#'>,.2($'F*$'
8.+K. ' $c"#-"(& ' I.?H#< ' 41 ' ).,($2.1 ' \$#.,"&2 ' -,.(*I& ' .1 ' 1.-K2 ' 1&# 'I)*9).+'/' ($'
7$2&:&2-$')&2'$1'&+I$-"B&'($'11.?.,'1.'.-$2)"62'.'1&#'&))"($2-.1$#'#&+,$'1.#'B",-*($#'
($'R6),.-$#<'e-,&#')&?&'$1';.'?$2-.(&'S.,#"1"&'M")"2&'1&'$F*"C.,.,&2')&2'$1'C,&C"&'
7$#*),"#-&'.1')&2#"($,.,1$'*2.'$#C$)"$'($'),"#-".2&'8&2&,.,"&'$2'1.'?"#?.'?$("(.'
F*$ ' . ' b1.-62< ' T.?+"L2 ' 4,.#?& ' ?&#-,6 ' #* ' B$2$,.)"62 ' C&, ' $1 ' :"16#&:& ' .1 ' 8.)$,'
$c)1.?., ' . ' *2& ' ($ ' 1&# ' C$,#&2.I$# ' ($ ' #*# ' ("H1&>&#/ ' pR.2 ' R6),.-$# ' ,*$>. ' C&,'
2&#&-,&#q<'S&2-.">2$'.(?",.+.'">*.1?$2-$'#*':">*,.';'1$'"?"-6'$2'("B$,#&#'.#C$)-&#'
)&?&'#*'?L-&(&'$#)LC-")&';'#*'+J#F*$(.'($1'.*-&)&2&)"?"$2-&<'4#-.'.(?",.)"62'#$'
$c-$2("6 ' -.?+"L2 ' . ' LC&).# ' C&#-$,"&,$#E ' )&?& ' .-$#-">*. ' 1. ' B$2$,.)"62 ' F*$'
$cC$,"?$2-.,&2'C&,'$1':"16#&:&'.-$2"$2#$'C$,#&2.I$#'($'1.'6,+"-.'($'1.'A$B&1*)"62'
M,.2)$#.')&?& 'i&1-.",$E '!"($,&- '&' A&*##$.*E 'C&,' )&2#"($,.,1$ '*2' ($:$2#&,' ($ '1.'
,.362';'*2.'BK)-"?.'($1':.2.-"#?&';'($'1.'8"C&),$#K.<'42'>$2$,.1E'1&#'C$2#.(&,$#'
,$2.)$2-"#-.# ' #$ ' #"2-"$,&2 ' -.?+"L2 ' .-,.K(&# ' C&, ' 1& ' F*$ ' ($ ' ?.2$,. ' )&1$)-"B.'
($2&?"2.+.2 ' p#.+"(*,K. ' >,"$>.q< '01>*2&# ' )&?& ' $1 ' 8*?.2"#-. ' "-.1".2& ' b")& ' ($11.'
S",H2(&1.')&2#"($,.+.2'F*$'(")8.'#.+"(*,K.'C,&)$(K.'($'e,"$2-$'C$,&'8.+K.'#"(&'.'
-,.BL#'($ '1&#' >,"$>&# ')&?& '8.+K.' 11$>.(& ' 8.#-. '2&#&-,&#< 'e-,&#' )&?& '$1':,.2)L#'
4#-"$22$'$cC,$#.+.2'.+"$,-.?$2-$'#*'.(?",.)"62'8.)".'N,$)".')&?&'1.'p$#)*$1.'($'
-&(.#'1.#')"$2)".#q<'41'#*,'($'5-.1".'($#$?C$%6'*2'C.C$1'"?C&,-.2-$'$2'1.'-,.#?"#"62'
& ')&2#$,B.)"62 '($ ' *2. '+*$2. 'C.,-$ '($ '1. 'p#.+"(*,K. ' >,"$>.q '. ' e))"($2-$< ' 42 ' $1'
J1-"?&')*.,-&'($1'#">1&'d5'a&2#-.2-"2&'$1'0:,").2&'-,.(*I&'(",$)-.?$2-$'($1'>,"$>&'.1'
1.-K2 ' 1.# ' &+,.# ' ($ ' N.1$2&E ' F*$ ' )&2#-"-*;$,&2 ' $2 ' #$>*"(. ' $1 ' $I$ ' )$2-,.1 ' ($ ' 1.'
$2#$%.23. ' ($ ' 1. ' ?$(")"2. ' $2 ' R.1$,2&E ' -,.#1.(.(. ' C&#-$,"&,?$2-$ ' . ' b.,"#< ' 42 ' 1.'
#$>*2(.'?"-.('($1'#">1&'d55'f,#&'($'a.1.+,".')&?C*#&'-,.-.(&#'F*$'?&#-,.+.2'*2'
)&2&)"?"$2-&')&2#"($,.+1$'($'1&#'-$c-&#'.,"#-&-L1")&#<

)"$

h*+&'F*"$2$#'B.1&,.,&2E'#"2'$?+.,>&E'$#-.'#.+"(*,K.'>,"$>.'($'?.2$,.'?H#'
>1&+.1E ' )&2#"($,H2(&1. ' $1 ' ,$#*1-.(& ' $B"($2-$ ' ($ ' *2 ' )&2-$c-& ' C&1K-")& ' $2 ' $1 ' F*$'
"?C$,.+.'1.'2&)"62'($'1"+$,-.(E')&?&'8"3&'$1':,.2)L#'D&*"#'D$'A&;<'4#-.'B"2)*1.)"62'
($'1.'#.+"(*,K.')&2'1.'1"+$,-.(E',$:1$I.(.'$'"2)&,C&,.(.'$2'#*#'"2#-"-*)"&2$#'C&1K-").#E'
).16'-.?+"L2'$2'.1>*2&#'?$("&#'($1'8*?.2"#?&'"-.1".2&E'F*$'?.2":$#-.,&2'($':&,?.'
?H#'&'?$2&#'$cC1K)"-.'#*'.(?",.)"62'C&,'0-$2.#E')&?&'$1':1&,$2-"2&'D$&2.,(&'\,*2"E'
F*$')&?C*#&'$1'$1&>"&'($'#*')"*(.('#&+,$'$1'?&($1&'-,.3.(&'C&,'$1'C.2$>K,")&'($'
0-$2.# ' ($1 ' #&:"#-. ' >,"$>& ' ($1 ' C$,K&(& ' "?C$,".1 ' 41"& ' 0,K#-"($#E ' & ' $1 ' ?"#?K#"?&'
S.F*".B$1&'F*$'B$K.'$2'$11.'*2'?&($1&'C&-$2)".1'C.,.'M1&,$2)".<'R"2'$?+.,>&':*$'1.'
$#-.+"1"(.( ' $#C.,-.2. ' ; ' 1. ' ?K-"). ' C$,#&2.1"(.( ' ($ ' #* ' 1$>"#1.(&, ' D")*,>& ' 1.# ' F*$'
#*#)"-.,&2'1.'$2)$2("(.'.(?",.)"62'($'C$,#&2.I$#')&?&'$1'C,&C"&'S.F*".B$1&E'F*$'
.1.+6'$2).,$)"(.?$2-$'1.'(*,.)"62'($'#*#'1$;$#E'&'($'1&#'"2-$1$)-*.1$#'B$2$)".2&#'
($'1.'LC&).E'F*$'11$>.,&2'.')&2#"($,.,'.'4#C.,-.')&?&'$1'?&($1&'$I$?C1.,'($'*2'
$#-.(&'C$,:$)-&<'4#-.'"($.1"3.)"62'($'4#C.,-.'#$'($I.'#$2-",'-.?+"L2':*$,.'($'5-.1".'
$2'1.#'&+,.#'($1'"2>1L#'S&,&E'F*$'#.)6'+*$2'C.,-"(&'C.,.'#*'$#-.(&'"($.1'($'.1>*2.#'
($'1.#'($#),"C)"&2$#'C,&C&,)"&2.(.#'C&,'1.'+"&>,.:K.'C1*-.,F*$.'($'D")*,>&E'&'$2'1.#'
.C$1.)"&2$#'8$,&").#'.1'C.C$1'($'1&#'L:&,&#E'F*$')&2-,&1.+.2'.1'?&2.,).'$2'"2-$,L#'
($1'C*$+1&E'C&,'C.,-$'($'1&#'(",">$2-$#'($1'?&B"?"$2-&').1B"2"#-.E'F*$'I*#-":").+.2'.#K'
1.',$#"#-$2)".'.'*2'>&+"$,2&'"(61.-,.<
4#-. ' "2)"C"$2-$ ' p8$1$2&:"1".qE ' ,$:1$I.(. ' $2 ' +*$2. ' ?$("(. ' $2 ' 1. ' #">2":").-"B.'
$1$))"62'($'S&2-.">2$'($'-,$#'>,"$>&#'=h&?$,&E'01$I.2(,&';'4C.?"2&2(.#@')&?&'1&#'
C$,#&2.I$# ' ?H# ' ($#-.).(&# ' ($ ' 1. ' 8"#-&,".E ' $2)&2-,6 ' -.?+"L2 ' #*# ' &C&#"-&,$#E'
$?C$%.(&#'$2'($?&#-,.,'F*$'#*'C,&C".'LC&).'$,.').C.3'($'#&+,$C.#.,E'&'.1'?$2&#'
($ ' ">*.1.,E ' 1&# ' 1&>,&# ' ($ ' 1&# ' .2-">*&#E ' .2"?.(&# ' .($?H# ' C&, ' $1 ' "?C.)-& ' ($'
($#)*+,"?"$2-&#'-.2'#$2#.)"&2.1$#')&?&'$1'($1')&2-"2$2-$'.?$,").2&'&'C&,'>,.2($#'
"2B$2-&#')&?&'1.'C61B&,.';'1.'"?C,$2-.E'F*$'2&'-$2K.2'C.,.1$1&'$2'-"$?C&#'C.#.(&#<'
01>*2&#'C,&)1.?.+.2'"2)1*#&'F*$'$1'#"#-$?.'C&1K-")&'B$2$)".2&'$,.'#*C$,"&,'.'1&#'($'
0-$2.#'&'4#C.,-.E';'8*+&'F*"$2$#'11$>.,&2'.1'$c-,$?&'($'.2-$C&2$,'$1'-&#).2&'.1'
>,"$>& ' .1$>.2(& ' #* ' ?.;&, ' C,&C&,)"62 ' ($ ' B&).1$# ' ;E ' $2 ' )&2#$)*$2)".E ' #* ' ?.;&,'
(*13*,.')&?&'1$2>*.<'41'C&$-.':,.2)L#'7&.)8"?'!*'\$11.;'$#>,"?K.'$1'8$)8&'($'F*$'
M,.2)".'8.+K.'C,&(*)"(&'$F*"B.1$2-$#'($'b$,")1$#';'T$?K#-&)1$#';'F*$'$2'*2':*-*,&'1&'
8.,K.'-.?+"L2')&2':">*,.#'($'1.'-.11.'($'h&?$,&';'!$?6#-$2$#<
D. ' ,$)*C$,.)"62 ' ($ ' 1& ' >,"$>& ' $2 ' $#-$ ' C$,K&(& ' .:$)-6 ' -.?+"L2 ' ($ ' ?.2$,.'
($)"("(.'.1'-$,,$2&'($1'.,-$';'$2'+*$2.'?$("(.'-.?+"L2'.1'($1'C,&C"&'C."#.I$'>,"$>&E'
F*$'C&)&'.'C&)&'$?C$3.+.'.'$2-,.,'&-,.'B$3'$2'$1'?.,)&'($'C$,)$C)"62'&))"($2-.1<'
D.#'&+,.#'($'.,-$'>,"$>.#'&,">"2.1$#'2&'.+*2(.,&2'C,$)"#.?$2-$'$2'4*,&C.'8.#-.'$1'
"2")"& '($'1.#'$c).B.)"&2$#'#"#-$?H-").# '$2'#*$1& '>,"$>& '.'C.,-",'($1'#">1&'d5d<'D.'
:*$2-$'C,"2)"C.1'($1'.,-$')1H#")&'$,.'$1'#*$1&'($'5-.1".E';'$2'C.,-")*1.,'$1'($'A&?.E'
(&2($ ' "+.2 ' .C.,$)"$2(& ' ($ ' ?.2$,. ' >,.(*.1 ' .+*2(.2-$# ' $#)*1-*,.# ' ; ' ,$#-&# ' ($'
.2-">*&# ' $(":")"&# ' $2 ' $1 ' )*,#& ' ($ ' 1.# ' 2*?$,&#.# ' ,$?&($1.)"&2$# ' *,+.2K#-").# ' ;'
.,F*"-$)-62").#'$?C,$2("(.#'C&,'1&#'C.C.#';'1.#'C,"2)"C.1$#':.?"1".#'.,"#-&),H-").#'$2'
#*#',$#C$)-"B&#'(&?"2"&#<'b$,&'.*2F*$'1.#'?H#')L1$+,$#'$#)*1-*,.#'.C.,$)K.2'$2'
#*$1&',&?.2&E')&?&'$#'$1').#&'($1')L1$+,$'D.&)&2-$E'($#)*+"$,-&'$2'UVP`'$2'*2.'
B"%.'(&2($'8.+K.2'$#-.(&'#"-*.(.#'.2-.%&'1.#'-$,?.#'($'T"-&';'F*$':*$'($:"2"(&'C&,'
S">*$1 ' n2>$1 ' )&?& ' *2 ' ?"1.>,& ' ($1 ' .,-$E ' 1& ' )"$,-& ' $# ' F*$ ' $,.2 ' 1&# ' "($.1$# ' ; ' 1&#'
?&($1&#'>,"$>&#'1&#'F*$'?.,).+.2'1.#'C.*-.#'($'.C,$)".)"62<'D.#'$#)*1-*,.#'?H#'
)L1$+,$# ' $2)&2-,.(.# ' $2 ' #*$1& ' ,&?.2&E ' )&C".(.# ' $ ' "?"-.(.# ' . ' 1& ' 1.,>& ' ($1'
A$2.)"?"$2-&'"-.1".2&E':*$,&2'.-,"+*"(.#'#"2'(*(.,1&'.'1&#'?H#'"?C&,-.2-$#'.,-"#-.#'

)"%

>,"$>&#E')&?&'*2.'i$2*#'.'M"(".#'&'*2'a*C"(&'.'b,.c"-$1$#<'D.'C,&C&,)"62'("B"2.'F*$'
:">*,.+.')&?&'$1'"($.1'$2-,$'1&#'.,-"#-.#'($1'A$2.)"?"$2-&'$,.'*2.').,.)-$,K#-").'F*$'
#$')&2#"($,.+.'C,&C".'($1'.,-$'>,"$>&'?H#'F*$'($1',&?.2&<'52)1*#&'$2').?C&#')&?&'
1.'C"2-*,.E'(&2($'2&'$c"#-K.2'-$#-"?&2"&#',$:$,$2)".1$#')&2),$-&#')&?&'$2'$#)*1-*,.E'
$,.2'-.?+"L2'1&#'?&($1&#'>,"$>&#'1.'C.*-.'($',$:$,$2)".'"($.1E';'#$'8.)K.2'.1*#"&2$#'
11$2.#'($'.(?",.)"62'.'1.'LC&).'($'0C$1$#E'9$*c"#';'b,&-6>$2$#')&?&'$1'?&?$2-&'
($'1.'?Hc"?.'C$,:$))"62'.,-K#-").'$2'$#-$').?C&<'01>&'#"?"1.,'&)*,,K.'$2'1.'?J#").E'
(&2($'#$'8")"$,&2'#$,"&#'"2-$2-&#'C&,',$)*C$,.,1.E'.1>*2&#'-.2')*,"&#&#')&?&'1&#'($'
1.'#&)"$(.(':1&,$2-"2.'($2&?"2.(.'a.?$,.-.E'$2-,$')*;&#'?"$?+,&#'#$')&2-.+.'$1'
C.(,$ ' ($ ' N.1"1$&E ' F*$ ' )&2(*I$,&2 ' . ' 1. ' ),$.)"62 ' ($ ' *2. ' 2*$B.' :&,?. ' .,-K#-").E ' 1.'
6C$,.E';'.1'.+.2(&2&'($'1.'-,.(")"62'($'1.'C&1":&2K.<
R"2 ' $?+.,>&E ' $1 ' )&2&)"?"$2-& ' (",$)-& ' ($1 ' .,-$ ' >,"$>& ' #$ ' 8.11.+.'
$#-,$)8.?$2-$',$1.)"&2.(&')&2'$1'($'#*'C,&C"&'-$,,"-&,"&E'(&2($'-&(.BK.'F*$(.+.2'$2'
C"$'2*?$,&#&#',$#-&#';')*;&'#*$1&'.1+$,>.+.'.+*2(.2-$#'#&,C,$#.#<'h.#-.'$1'#">1&'
di ' :*$,&2 ' ?*; ' $#).#&# ' 1&# ' B".I$,&# ' &))"($2-.1$# ' F*$ ' C.#.,&2 ' C&, ' N,$)". ' ;'
?.2":$#-.,&2 ' )*.1F*"$, ' -"C& ' ($ ' "2-$,L# ' C&, ' #*# ' .2-">l$(.($#< ' 42 ' ?$("& ' ($ ' $#-$'
($#&1.(&, ' C.2&,.?. ' ($#-.). ' 1. ' :">*,. ' ($1 ' #.)$,(&-$ ' :1&,$2-"2& ' a,"#-&:&,&'
\*&2($1?&2-"E'F*$'$?C,$2("6'*2'B".I$'($'$cC1&,.)"62'C&,'1.#'"#1.#'>,"$>.#E'C.,-"$2(&'
($'A&(.#E'$2'U^U^<'42-,$'1.#'?&-"B.)"&2$#'F*$'1$'"?C*1#.,&2'.'$?C,$2($,'(")8.'
$cC$(")"62 ' $#-*B& ' #$>*,.?$2-$ ' $1 ' "2-$,L# ' >$2$,.(& ' C&, ' 1. ' >$&>,.:K. ' F*$ ' 8.+K.'
.*#C")".(& ' $1 ' )&2&)"?"$2-& ' ($ ' 1. ' &+,. ' ($ ' T&1&?$&E ' (":*2("(. ' >,.)".# ' . ' 1.#'
$2#$%.23.# ' ($ ' a,"#&1&,.# ' $2 ' 1&# ' .%&# ' :"2.1$# ' ($1 ' #">1& ' d5i< ' 41 ' B".I$ ' :*$ ' 1&'
#*:")"$2-$?$2-$'1.,>&')&?&'C.,.'F*$'$1')1L,">&':1&,$2-"2&'-*B"$,.'$1'-"$?C&'2$)$#.,"&'
C.,.'.C,$2($,'>,"$>&E'$1.+&,.,'*2.'($#),"C)"62'($'a,$-.';'*2'"-"2$,.,"&'($'1.#'"#1.#'
C,&B"#-&'($'?.C.#E';'$?C,$2($,'1.'+J#F*$(.'($'?.2*#),"-&#'>,"$>&#<'0'C$#.,'($'
#*#')&2&)"?"$2-&#'$'"2-$,$#$#E'\*&2($1?&2-"'#$'8.11.+.'-&(.BK.'($2-,&'($1'?H#'C*,&'
$#CK,"-*' ?$("$B.1E')&?&' ?*$#-,. '#*' ).#" '$c)1*#"B.')"-.)"62 '&' .*-&,$# '1.-"2&#' &'1.'
.(?"#"62E'8$)8.')&2'?.;&,'&'?$2&,')&2'B$2)"?"$2-&E'($'F*$'1.#',*"2.#'$c"#-$2-$#'
$,.2'#"?C1$?$2'K(&1&#'C.>.2&#<'R"2'$?+.,>&'?*)8.#'($'$11.#'C,&B&).,&2'#*'?H#'
,$2("(. ' .(?",.)"62 ' $ ' "2)1*#& ' 11$B6 ' . ' ).+& ' .1>*2.# ' -$2-.-"B.# ' ($ ' ,$)&2#-,*))"62'
?.-$,".1'$'"($.1'($'1&#',$#-&#'$c"#-$2-$#E')&?&'#*'"2-$2-&'$2'!$1&#'($'C&2$,'$2'C"$'
#&+,$'#*'C$($#-.1'1.'>,.2'$#-.-*.'($'0C&1&'F*$';.)K.'C&,'1&#'#*$1&#'&'1.')&?C&#")"62'
($ ' *2. ' (">,$#"62 ' ($ ' ).,H)-$, ' $,*("-& ' #&+,$ ' $1 ' :.?&#& ' )&1&#& ' ($ ' A&(.#E ' +.#.(.'
$c)1*#"B.?$2-$ ' $2 ' 1.# ' :*$2-$# ' 1"-$,.,".# ' ("#C&2"+1$#< ' M*$ ' .#K ' $1 ' C,"?$, ' B".I$,&'
&))"($2-.1 ' F*$ ' )&2-$?C16 ' 1.# ' .2-">l$(.($# ' >,"$>.# ' )&2 ' 1. ' 2$)$#.,". ' #$2#"+"1"(.('
$#-L-").';')&2'*2.')"$,-.').C.)"(.('($'.C,$)".)"62E'8.#-.'$1'C*2-&'($'F*$'1$'C$,?"-K.'
("#-"2>*",'$2-,$'1&'>,"$>&';'1&',&?.2&'&'$2-,$'1&#'.#C$)-&#'?H#'1$>$2(.,"&#';'1&#'
C*,.?$2-$'8"#-6,")&#<
R"2 ' $?+.,>& ' 1. ' :">*,. ' )$2-,.1 ' ($ ' $#-$ ' 1$2-& ' ; ' C.*1.-"2& ' ,$#*,>"?"$2-& ' ($1'
"2-$,L#'C&,'N,$)".'$#'#"2'1*>.,'.'(*(.#'a",".)&'($'02)&2.E'*2'"2("B"(*&'$c)$C)"&2.1'
($1 ' F*$ ' C*$($ ' ($)",#$ ' F*$ ' "2")"6 ' . ' )&?"$23&# ' ($1 ' #">1& ' di ' $1 ' ).?"2& ' ($ ' 1.'
,$)*C$,.)"62'$:$)-"B.'($1'C.-,"?&2"&'.,-K#-")&'>,"$>&<'42'$1')*,#&'($'-,$#'1.,>&#'B".I$#'
C&,'$1'4>$&'B"#"-6').#"'-&(.#'1.#',$>"&2$#'>,"$>.#';',$*2"6'*2.'>,.2').2-"(.( '($'
?.-$,".1E ' ($1 ' F*$ ' 8"3& ' ?"2*)"&#.# ' ($#),"C)"&2$#E ' 2& ' #"$?C,$ ' $c.)-.#< ' A$.1"36'
-.?+"L2'("+*I&#'($'1&#'C,"2)"C.1$#'?&2*?$2-&#';')&C"6'2*?$,&#.#'"2#),"C)"&2$#E'#"'
+"$2'.1>*2.#'($'$11.#E')&?&'1&#'#*C*$#-&#'&,H)*1&#'C,&)$($2-$#'($1'#.2-*.,"&'($'
!$1:&#E'1&#'$c-,.I&'($'1.#'CH>"2.#'($'h$,6(&-&'$2'1*>.,'($'#*'C,$-$2("(.'*+").)"62'
,$.1< ' R*C& ' ?&B$,#$ ' )&2 ' >,.2 ' .>"1"(.( ' $2 ' $1 ' ?*2(& ' )&?C1$I& ' ; ' $2,$B$#.(& ' ($'

)"&

$2-&2)$#E'>,.)".#'.'#*#'"22$>.+1$#'(&-$#'C.,.'$1')&?$,)"&';'1.'("C1&?.)".'F*$'1$'
B$2K.2'($':.?"1".<'R*C&'-.?+"L2').C-.,'$2'#$>*"(.'$1'B.1&,'($'1.#'.2-">l$(.($#';'
-&?.,')&2)"$2)".'($'#*'C,$).,".'#"-*.)"62E'.'C$#.,'($'F*$'2&'$,.'*2'"2-$1$)-*.1'($'
:&,?.)"62<'4?C,$2("6'.#K'*2.'1.+&,'($'#.1B.?$2-&'($1'C.#.(&'F*$'C*(&'8.+$,#$'
"2")".(& ' ;. ' $2 ' *2. ' LC&). ' -$?C,.2. ' ($ ' #* ' B"(.E ' )*.2(& ' #$ ' B"& ' "?C1").(& ' $2 ' 1.'
,$#-.*,.)"62'($1'.,)&'($'T,.I.2&'F*$'8.+K.'$2'#*')"*(.('2.-.1<'a&?$236'.')&C".,'
"2#),"C)"&2$# ' $2 ' $1 ' )*,#& ' ($ ' #*# ' B".I$# ' ; ' .C,$2("6 ' 1.-K2 ' ; ' >,"$>& ' )&2 ' $1 ' :"2 ' ($'
)&2#&1"(., '#*#' )&2&)"?"$2-&# '$2 '$#-$ '-$,,$2&< 'T*B&'$1' >,.2' ?L,"-& '($'($#),"+", ';'
("+*I.,E ' .*2 ' )&2 ' 1.# ' "?C,$)"#"&2$# ' .1*("(.#E ' 2*?$,&#&# ' ?&2*?$2-&# ' F*$ ' 8.2'
($#.C.,$)"(& ' $2 ' 1. ' .)-*.1"(.( ' & ' 8.2 ' #*:,"(& ' ($#($ ' $2-&2)$# ' "?C&,-.2-$# ' (.%&#E'
)&?&'$1'?&2*?$2-&'.-$2"$2#$'($'M"1&C.C&E'F*$'C&,'$2-&2)$#'#$'8.11.+.'-&(.BK.'
"2-.)-&E'&'$1'-$?C1&'($'0C&1&'$2'!K("?.E'F*$'$#-.+.'.J2'$2'C"$'.2-$#'($'F*$'*2'
-$,,$?&-&'1&'($,,"+.,.'C&,'1&#'#*$1&#<'R*'&+,.E'*2.'$#C$)"$'($').-H1&>&'?&2*?$2-.1'
($1 ' F*$ ' -.2 ' #61& ' 8.2 ' #&+,$B"B"(& ' .1>*2&# ' :,.>?$2-&#E ' )&2#-"-*;$ ' *2 ' -$#-"?&2"&'
:*2(.?$2-.1E'.'B$)$#'8.#-.'"?C,$#)"2("+1$E'$2'1.'1.+&,'($',$)&2#-,*))"62'($1'?*2(&'
>,"$>&'.2-">*&<'a",K.)&':*$'#$>*,.?$2-$'$1'C,"?$,&'F*$'B.1&,6'.($)*.(.?$2-$'1.'
$2&,?$'"?C&,-.2)".'($'1&#'B$#-">"&#'?.-$,".1$#'C.,.'$1')&2&)"?"$2-&'.':&2(&'($'*2.'
)"B"1"3.)"62'.2-">*.')&?&'1.'>,"$>.<
0*2F*$'.C.,$2-$?$2-$'1.')&2F*"#-.'-*,).'($'a&2#-.2-"2&C1.'C*#&':"2'.'B".I$#'
)&?&'1&#'($'a",K.)&'C&,'#*$1&'>,"$>&E'-&(.BK.'#$'("$,&2'.1>*2.#'$cC$,"$2)".#'($'$#-$'
-"C&E'.*2F*$'#"2'.1).23.,'1.'"?C&,-.2)".'($'#*'&+,.<'R.+$?&#'.#K'($'1.'$c"#-$2)".'($'
*2 ' )*,"&#& ' -,.-.(& ' .262"?& ' F*$ ' :*$ ' $#),"-& ' 8.)". ' U^VXE ' )*.2(& ' $1 ' #*1-H2 ' -*,)&'
S&8.?$( ' 55 ' B"#"-6 '0-$2.#E ' $2 ' $1 ' F*$ ' #$ ' ($#),"+$2 ' .1>*2&# ' ($ ' 1&# ' ?&2*?$2-&#'
-&(.BK.'C,$#$2-$#'$2'1.')"*(.(E'.*2F*$'#*'C,"2)"C.1'&+I$-"B&'$,.'"($2-":").,'1&#',$#-&#'
$c"#-$2-$# ' )&2 ' 1&# ' >,.2($# ' ?&2*?$2-&# ' ($1 ' C.#.(&E ' )&2 ' C,$-$2#"&2$# ' -.2'
$#-,.:.1.,".# ')&?& '*+")., '1.'$#)*$1.' ($ 'R6),.-$#' $2 '1. '-&,,$' ($ '1&#'B"$2-&#<' e-,&'
B"#"-.2-$'($'1.#'-"$,,.#'>,"$>.#'F*$'2&#'8.'($I.(&'#*'-$#-"?&2"&':*$'*2'B$2$)".2&'F*$'
$#-*B&'$2'0-$2.#'$2'$1'.%&'U^YPE')&C"6'.1>*2.#'"2#),"C)"&2$#';'#$'?&#-,6'#"$?C,$'
$?+$1$#.(&'C&,'1.#'+$11$3.#'?&2*?$2-.1$#'F*$'-&(.BK.'&:,$)K.'1.')"*(.(<'0*2F*$'
2& ' 11$>6 ' . ' C1.2-$., ' "($2-":").)"&2$# ' -.2 ' .+#*,(.# ' )&?& ' 1.# ' ($ ' #* ' "2?$(".-&'
.2-$)$#&,E ' 2& ' ($I6E ' #"2 ' $?+.,>&E ' ($ ' C,&+., ' #*$,-$ ' $2 ' $#-$ ' -$,,$2& ' )&2 ' .1>*2.#'
&C"2"&2$#'-.2')*$#-"&2.+1$#')&?&'#"-*.,'1.'$#)*$1.'($'0,"#-6-$1$#'$2'1.#',*"2.#'($1'
-$?C1&'($'9$*#'e1K?C")&<
0'C.,-",'($'$#&#'?&?$2-&#'#$'.+,$').#"'*2'#">1&'($'B.)K&'$2'$1')&2&)"?"$2-&'
(",$)-&'($'1.#'-"$,,.#'>,"$>.#';'#*#'?&2*?$2-&#'.,-K#-")&#<'R"2'(*(.'$2'$11&'-*B&'
?*)8&'F*$'B$,'1.'"2#&#1.;.+1$'C,$#$2)".'-*,).'$2'1.'3&2.E'F*$'($#.1$2-.+.'?*)8.#'
"2")".-"B.#E'C$,&'2&'8.;'F*$'($#).,-.,'-.?C&)&'&-,&'-"C&'($',.3&2$#')&?&'1.'C,&C".'
.C.-K.'($'1&#'$#-*("&#&#E'F*$'#$>*K.2'"2-$,$#.(&#'($':&,?.'C,$:$,$2-$'C&,'A&?.<'41'
($#)&2&)"?"$2-& ' C,&B$,+".1 ' ($1 ' -$,,"-&,"& ' >,"$>& ' .:$)-.+. ' "2)1*#& ' . ' 1. ' ?"#?K#"?.'
0-$2.#E'11.?.(.'$2-&2)$#'R$-"2$#E'8.#-.'-.1'C*2-&'F*$'.'?$(".(&#'($1'#">1&'di'*2'
8$1$2"#-. ' ($ ' Tl+"2>$2 ' #$ ' B"& ' &+1">.(& ' . ' $#),"+", ' . ' *2 ' $#-*("&#& ' +"3.2-"2& ' ($'
a&2#-.2-"2&C1.'C.,.'C,$>*2-.,1$'#"'$,.'B$,(.('$1',*?&,'($'F*$'1.')"*(.('8.+K.'#"(&'
($#-,*"(. ' ; ' ,$$?C1.3.(. ' C&, ' *2. ' #"?C1$ ' .1($. ' ($ ' C$#).(&,$#< ' 4# ' $2&,?$?$2-$'
#">2":").-"B& ' $2 ' $#-$ ' #$2-"(& ' F*$ ' *2. ' &+,. ' )&?& '4(-)2") # 4((%*")' ($ ' 7&8.22$#'
S$*,#"*#E'.C.,$)"(.'$2'U`O^E'F*$'$,.'$1'C,"?$,'$#-*("&'-&C&>,H:")&'($'1.')"*(.(';'#$'
)&2B",-"6'$2'1.'>*K.'"2("#C$2#.+1$'($')*.1F*"$,'B".I$,&'"1*#-,.(&'.'N,$)".'.'1&'1.,>&'($'
-&(& ' *2 ' #">1&E ' :*$#$ ' $1.+&,.(. ' #&+,$ ' 1.# ' :*$2-$# ' 1"-$,.,".# ' ($ ' 1.# ' F*$ ' C&(K.'

)"'

("#C&2$,#$')6?&(.?$2-$'$2'*2.'+*$2.'+"+1"&-$).')&?&'1.'($'D$"($2E'$2'1*>.,'($'
#$,'$1',$#*1-.(&'16>")&'($'*2.'$cC$,"$2)".',$.1'($'B".I$'C&,'-$,,"-&,"&'>,"$>&<
b&)& ' #$ ' #.+K. ' C&, ' $2-&2)$# ' ($ ' .,F*"-$)-*,. ' & ' $#)*1-*,. ' >$2*"2.?$2-$'
>,"$>.#E'.'C$#.,'($'F*$'$2'?*)8&#'1*>.,$#'($'4*,&C.'#$'$c8"+K.2'.1>*2.#'C"$3.#'
F*$ ' &#-$2-.+.2 ' $#-. ' )&2(")"62E ' .*2F*$ ' #$ ' -,.-.+. ' C&, ' 1& ' >$2$,.1 ' ($ ' )&C".#'
8$1$2K#-").#'&'($'"?"-.)"&2$#',&?.2.#<'D.#'.2-">l$(.($#'>,"$>.#'.*-L2-").#':*$,&2'
?H# '+"$2 ' $#).#.# '$2 '4*,&C. '&))"($2-.1 '8.#-. '$1 '#">1& 'di55<'D. '#"-*.)"62 ').?+"6'
)*.2(&'$?C$3.,&2'.'11$>.,'.'N,$)".E'-.2-&'($#($'M,.2)".')&?&'($#($'52>1.-$,,.E'
.>$2-$#'($1'?&2.,).'&'($'.,"#-6),.-.#'"2-$,$#.(&#'$2'+*#).'($'&+I$-&#'.,-K#-")&#'
>$2*"2&#<'f2&'($'1&#'?H#')&2&)"(&#':*$'T8&?.#'h&[.,(E')&2($'($'0,*2($1E'($'
F*"$2 ' #$ ' 11$>6 ' . ' ($)", ' pF*$ ' ($#$.+. ' -,.#1.(., ' 1. ' N,$)". ' .2-">*. ' . ' 52>1.-$,,.q<'
h&[.,('.C,&B$)86'$1 '2&?+,.?"$2-& '($'*2'.>$2-$ '#*;&')&?&'$?+.I.(&, '.2-$ '$1'
"?C$,"&'&-&?.2&'C.,.')&2#$>*",'.1>*2.#'C"$3.#'($'.,-$'>,"$>&<'b&)&#'.%&#'($#C*L#'
L1'?"#?&'$2B"6'.'&-,&'($'#*#'.>$2-$#'.'1.')&#-.'?H#'&))"($2-.1'($'T*,F*K.';'.'1.'
C,&C". ' 0-$2.#E ' )&2#">*"$2(& ' )&?& ' ,$#*1-.(& ' *2. ' #$,"$ ' ($ ' ?H,?&1$# ' )&2'
"2#),"C)"&2$#'B.1"&#.#<'e-,&'"?C&,-.2-$')&1$))"&2"#-.':*$'N$&,>$'i"11"$,#E'(*F*$'($'
\*)j"2>8.?E ' F*"$2 ' -.?+"L2 ' )&2#">*"6 ' .1>*2.# ' C"$3.# ' "?C&,-.2-$# ' 8.)"$2(& ' B.1$,'
#*# ' "2:1*$2)".#E ' F*$ ' $,.2 ' ?*; ' #"?"1.,$# ' . ' 1.# ' ($ ' h&[.,(E ' )&2 ' F*"$2 ' )&?C$-K.'
.($?H#'.+"$,-.?$2-$'$2'$#-.').,,$,.'.'1.'+J#F*$(.'($'-$#&,&#<'!*,.2-$'$#-.'LC&).'
#*,>"$,&2'&-,&#'?*)8&#')&1$))"&2"#-.#'C,$#-">"&#&#E'$2-,$'1&#')*.1$#':">*,.+.'"2)1*#&'
$1'C,&C"&'?&2.,).'"2>1L#'a.,1&#'5<'!$1'1.(&':,.2)L#E'a&1+$,-E'C,"?$,'?"2"#-,&'($'D*"#'
d5iE'$2B"6 ' ">*.1?$2-$ '.>$2-$# ' 8.)". ' N,$)". ' ;'1.# ' )&#-.# '($1 'b,6c"?& 'e,"$2-$ '$2'
+*#).'($'1"+,&#E'?.2*#),"-&#E'?$(.11.#'$'"2#),"C)"&2$#<'41'?H#'($#-.).(&'($'-&(&#'
$#'F*"3H'$1'?.,F*L#'($']&"2-$1E'*2'C$,#&2.I$')*,"&#&';'$c-,.B.>.2-$'F*$'(*,.2-$'#*'
$?+.I.(.'.2-$'$1'"?C$,"&'&-&?.2&'$?C,$2("6'B".I$#'($'$cC1&,.)"62'C&,'-&(.'1.'3&2.'
,$*2"$2(&'2*?$,&#.#'.2-">l$(.($#'$2':&,?.'($'+.I&,,$1"$B$#E'$#-$1.#';'.+*2(.2-$#'
"2#),"C)"&2$#<'42'#*'B"#"-.'.'0-$2.#'F*$(6'B"B.?$2-$'"?C,$#"&2.(&'C&,'1.'+$11$3.'
.,F*"-$)-62").';'$#)*1-6,").'($'1.'0),6C&1"#E'F*$')&2#"($,6'#*C$,"&,'.'A&?.'$2'*2&#'
-"$?C&#'$2'F*$'1.'&C"2"62'C,$C&2($,.2-$'$,.'?H#'+"$2'1.')&2-,.,".<']&"2-$1'"2)1*;6'
$2 ' #* ' )&C"&#& ' #LF*"-& ' . ' *2 '&,"$2-.1"#-. ' ; ' (&# 'C"2-&,$#E ' *2& ' ($ '1&# ' )*.1$# '$,. ' $1'
)L1$+,$'7.)F*$#'a.,,$;E'F*$'11$B6'.').+&'*2.'#$,"$'($')*"(.(&#&#'("+*I&#'($'1.#'
$#)*1-*,.# ' ; ' ,$1"$B$# ' ($1 ' b.,-$262 ' .2-$# ' ($ ' F*$ ' :*$,.2 ' ($#-,*"(&# ' & ' ,$#*1-.#$2'
#$,".?$2-$'(.%.(&#'C&,'$1'+&?+.,($&'B$2$)".2&'($'1.'0),6C&1"#'$2'U`XY<
D. ' C,$#$2)". ' :,.2)$#. ' $2 ' N,$)". ' $2 ' 1. ' J1-"?. ' C.,-$ ' ($1 ' #">1& ' di55 ' -*B&'
"?C&,-.2-$#')&2#$)*$2)".#'C.,.'$1',$($#)*+,"?"$2-&'($'1.',$.1"(.('($1'C.K#';'($'#*#'
?&2*?$2-&#<'h.;'F*$'#$%.1.,'$2'$#-$'-$,,$2&'1.'"?C&,-.2-$'1.+&,'($#.,,&11.(.'C&,'
.1>*2&# ' ("C1&?H-")&# ' )&?& ' $1 ' )62#*1 ' 7$.2 ' N",.*(E ' *2 ' )&2&)$(&, ' ($ ' 1.#'
.2-">l$(.($#'1&).1$#'($'0-$2.#'F*$'C,&C&,)"&26'8&#C"-.1"(.('.'F*"$2$#'B"#"-.,&2'1.'
)"*(.( ' C&, ' .F*$1 ' $2-&2)$# ' $ ' 8"3& ' 1.# ' B$)$# ' ($ ' "?C.>.+1$ ' >*K. ' ($ ' #*# ' ,$#-&#'
.,F*$&16>")&#< ' ]& ' ?$2&# ' ($)"#"B. ' ,$#*1-6 ' 1. ' .)-"B"(.( ' ($ ' ?"#"&2$,&# ' )&?& ' 1&#'
C.(,$#').C*)8"2&#E'F*$'$1.+&,.,&2'$1'C1.2&'($'1.')"*(.('?H#'C,$)"#&';'($-.11.(&'($'
1.'LC&).E'&'($1'I$#*K-.'7.)F*$#'b.*1'\.+"2E'F*$')&?C*#&'*2.'($#),"C)"62'($'0-$2.#'
F*$'.($?H#'($'1&#'?&2*?$2-&#'.2-">*&#'"2)1*K.'-.?+"L2'1.#'">1$#".#'+"3.2-"2.#';'
C,&C&,)"&2.+.')"$,-.#'C"2)$1.(.#'#6+,$1.'B"(.'#&)".1')&2-$?C&,H2$.<
D&# ' B".I$# ' . ' -"$,,.# ' >,"$>.# ' ($ ' $#-*("&#&# ' ; ' .B$2-*,$,&# ' &))"($2-.1$#'
)&?$23.,&2'($'2*$B&'.'#$,':,$)*$2-$#E'.'C$#.,'($'1.#'2*?$,&#.#'(":")*1-.($#'F*$'
-&(.BK. ' "?C$,.+.2 ' $2 ' $1 ' C.K#E ' )&?& ' $1 ' &?2"C,$#$2-$ ' +.2("(.I$E ' 1.# ' )&2#-.2-$#'
$C"($?".#'&'1.'"2)$,-"(*?+,$'C&1K-").';'#&)".1'C,&B&).(.'C&,'$1'(&?"2"&'-*,)&E'F*$'

)"(

($,"B.+.'$2'&).#"&2$#'$2'?&-"2$#'$'"2#*,,$))"&2$#'1&).1$#').C.)$#'($'.,,.#-,.,'$2'
*2'-&,+$11"2&'"2)&2-,&1.+1$'.')*.1F*"$,'B"#"-.2-$'F*$'#$'8.11.,.'($'C.#&<'f2.'?*$#-,.'
$1&)*$2-$ ' ($ ' 1.# ' C$2.1"(.($# ' F*$ ' C&(K. ' "?C1")., ' *2 ' B".I$ ' C&, ' .F*$11.# ' -"$,,.# ' 1.'
-$2$?&#'$2'$1',$1.-&'($1'$#)&)L#'o"11".?'D"-8>&[E'F*$'$2'1.'C,"?$,.'C.,-$'($1'#">1&'
di55 ' $cC$,"?$2-6 ' -&(. ' *2. ' .?C1". ' >.?. ' ($ ' )&2-,.,"$(.($#E ' ($#($ ' $1 ' ,&+& ' ; ' 1.'
.>,$#"62 ' :K#"). ' 8.#-. ' C.#., ' 8.?+,$ ' ; ' #*:,", ' *2 ' 2.*:,.>"&< ' R"2 ' $?+.,>&E ' F*"$2$#'
"2.*>*,.,&2'1.'1.,>.'-,.(")"62'($1'B".I$'.'N,$)".E')&?&'*2'#$,"&'"2-$2-&'C&,')&2&)$,'.'
:&2(&'1.',$.1"(.('8"#-6,").';'?&2*?$2-.1'($1'C.K#E':*$,&2'$1'?L(")&':,.2)L#'7.)F*$#'
RC&2';'$1'+&-H2")&';'.2-")*.,"&'"2>1L#'N$&,>$'o8$1$,<'0?+&#'C$,#&2.I$#',$.1"3.,&2'
I*2-&#'$1'B".I$';'(*,.2-$'#*'$#-.2)".'$2'0-$2.#'$2'U`Y`'11$B.,&2'.').+&'1.'C,"?$,.'
>,.2'$cC1&,.)"62'.,F*$&16>").'($'1.')"*(.(E')&2:,&2-.2(&'#*#'C,&C".#'&+#$,B.)"&2$#'
%2 # /%(9' )&2 ' 1&# ' -$#-"?&2"&# ' 1"-$,.,"&# ' ; ' 1.# ' 2&-")".# ' #*?"2"#-,.(.# ' C&, ' 1&# ' B".I$,&#'
.2-$,"&,$#<'0'RC&2'1$').+$'$1'?L,"-&'($'8.+$,',$)&2&)"(&'&'"($2-":").(&'($'?.2$,.'
)&,,$)-.'.1>*2&#'($'1&#'?H#')L1$+,$#'?&2*?$2-&#'($'1.')"*(.(E')&?&'$1'-$?C1$-$'
($'0-$2$.']"j$E'1.'1"2-$,2.'($'D"#K),.-$#'&'1.'-&,,$'($'1&#'B"$2-&#E'F*$'8.#-.'$2-&2)$#'
8.+K.2'#"(&'#"?C1$?$2-$'C.#.(&#'C&,'.1-&'&'"($2-":").(&#'($':&,?.'-.2'$c-,.B.>.2-$'
)&?& ' #"-*., ' 1. ' -*?+. ' ($ ' R6),.-$# ' $2 ' 1& ' F*$ ' 2& ' $,. ' ?H# ' F*$ ' *2 ' #"?C1$ ' ,$1&I'
8"(,H*1")&')&?&'1.'?$2)"&2.(.'-&,,$'($'1&#'B"$2-&#<'R"2'$?+.,>&E'2&'-&(&':*$,&2'
.)"$,-&#E'$'"2)*,,"6'-.?+"L2'$2'"?C&,-.2-$#'$,,&,$#')&?&'.-,"+*",'1.#'$#)*1-*,.#'($1'
b.,-$262'.'1.'LC&).'($'0(,".2&E'),$;$2(&',$)&2&)$,'"2)1*#&'$2-,$'1.#'$#)*1-*,.#'1.'
C,&C".'C$,#&2. '($1'$?C$,.(&,';'1.'($'#*'$#C&#.<'0'C$#.,'($'$#-.#'$F*"B&).(.#'
)&2)1*#"&2$#E'RC&2';'o8$1$,'($#),"+"$,&2'1.#'.2-">l$(.($#')&2'?.;&,')*"(.(&';'
C,$)"#"62 ' F*$ ' #*# ' C,$($)$#&,$# ' ; ' $#-.+1$)"$,&2 ' ($ ' $#-. ' :&,?. ' 1&# ' :*2(.?$2-&#'
.,F*$&16>")&#'C.,.'*2.'2*$B.'.C,$)".)"62'($'N,$)".<'01'">*.1'F*$']&"2-$1E'RC&2';'
o8$1$, '-*B"$,&2 '1. '&C&,-*2"(.( '$2B"(".+1$ '($ '8.+$, 'C&("(& ')&2-$?C1., '-&(.BK. '$1'
b.,-$262'$2'#*'"2-$>,"(.(<'R*#',$#C$)-"B.#'&+,.#E'C*+1").(.#'$2'U`YX'=RC&2@';'U`XO'
=o8$1$,@E'#$')&2B",-"$,&2'$2'1.#'>*K.#'"2("#)*-"+1$#'($'N,$)".'(*,.2-$'?H#'($'*2'
#">1&<
e-,& ' "?C&,-.2-$ ' "?C*1#& ' $2 ' $1 ' )&2&)"?"$2-& ' (",$)-& ' ($1 ' C."#.I$ ' ; ' ($ ' 1.#'
.2-">l$(.($#'>,"$>.#'#$'C,&(*I&'$2'52>1.-$,,.')&2'1.':*2(.)"62'($'1.'R&)"$(.('($'
1&#'!"1$--.2-"'$2'UYQO<'41':1*I&').#"')&2#-.2-$'($'?H,?&1$#'>,"$>&#'8.)".'1&#'C.1.)"&#'
;',$#"($2)".#'($'1.'.,"#-&),.)".'+,"-H2").'$2'1&#'J1-"?&#'-"$?C&#E')&?&'?*$#-,.2'1&#'
$I$?C1&#';.')&?$2-.(&#'($'0,*2($1';'\*)j"2>8.?E'8.+K.'C,&B&).(&'*2'.*-L2-")&'
:*,&,'C&,'$1'.,-$'>,"$>&'.2-">*&';'8.+K.':&?$2-.(&'$1'($#.,,&11&'($'*2.'1"-$,.-*,.'F*$'
#$'&)*C.+.'.'#*'?.2$,.'($'1.'.,F*$&1&>K.'>,"$>.<'D.'2.)"$2-$'R&)"$(.('-*B&'*2.'
"2:1*$2)".'($#-.).(.'.'1.'8&,.'($')&2(*)",'1&#'>*#-&#',$:"2.(&#'($'1.'LC&).'$2'1.'
(",$))"62'($1'.,-$'>,"$>&';'$2'$1':&?$2-&'($'*2'?$I&,')&2&)"?"$2-&'(",$)-&'($1'C,&C"&'
#*$1&'>,"$>&')&2'-&(&#'#*#'?&2*?$2-&#E':"2.2)".2(&';'.*#C")".2(&'1&#'B".I$#'($'
$cC1&,.)"62'.'N,$)".<'R*#'?"$?+,&#'$,.2':*2(.?$2-.1?$2-$'I6B$2$#'2&+1$#';',")&#'
F*$ ' 8.+K.2 ' B"#"-.(& ' 5-.1". '$2 ' $1 ' )*,#& ' ($1 'B."2+ # ('9.' =$1 'B".I$ ' ($ 'p$#-*("&#q ' F*$'
,$.1"3.+.2'1&#'2&+1$#'$*,&C$&#')&?&')&?C1$?$2-&'.'#*'$(*).)"62':&,?.1@';'8.+K.2'
.(F*","(&'.11K'*2.'>,.2'.:")"62'C&,'$1'.,-$'.2-">*&<'D&#'?H#'("#-"2>*"(&#'2&?+,$#'($'
1. ' LC&). ' :">*,.2 ' $2 ' 1. ' 26?"2. ' ($ ' 1. ' R&)"$(.(< ' R* ' 1&>,& ' ?H# ' "?C&,-.2-$ ' :*$ ' 1.'
:"2.2)".)"62'($'1.'.,F*$&1&>K.')1H#").'$2'N,$)".';'$2'1.',$>"62'($1'b,6c"?&'e,"$2-$E'
.#K')&?&'1.'C*+1").)"62')&,,$#C&2("$2-$'($'1&#',$#*1-.(&#'($'(")8.#'$?C,$#.#<'41'
?H#'"2:1*;$2-$'($'$#-&#'C,&;$)-&#':*$'$1'$?C,$2("(&'C&,'7.?$#'R-*.,-';']")8&1.#'
A$B$--'.'?$(".(&#'($1'#">1&<'R*'C1.2'($'B"#"-.,'0-$2.#')&2'$1':"2'($')&2#$>*",'*2.'
?$(")"62'$c.)-.'($'1&#'?&2*?$2-&#'.2-">*&#'F*$'F*$(.+.2'$2'C"$'$2'1.')"*(.('

)#*

11.?6'1.'.-$2)"62'($'1&#'!"1$--.2-"';')&2#">*"6'#*'#&C&,-$'$)&26?")&<'0')&?"$23&#'($'
?.,3&'($'UYVP'($I.,&2'A&?.')&2',*?+&'.'i$2$)".E'(&2($'F*$(.,&2'+1&F*$.(&#'
(*,.2-$'B.,"&#'?$#$#'.').*#.'($'1.'.*#$2)".'($'*2'+.,)&'F*$'C*("$,.'-,.2#C&,-.,1$#'
8.#-.'N,$)".E'*2'"2(")"&'?H#E'#"').+K.E'($'1.#'(":")*1-.($#'F*$'-&(.BK.',&($.+.2'C&,'
.F*$1 ' $2-&2)$# ' )*.1F*"$, ' "2")".-"B. ' ($ ' $#-. ' )1.#$< '0' ?$(".(&# ' ($ ' $2$,& ' ($1 ' .%&'
#">*"$2-$ ' )&2#">*"$,&2 ' C&, ' :"2 ' $?+.,)., ' ,*?+& ' . '0-$2.#E ' . ' (&2($ ' 11$>.,&2 ' (&#'
?$#$#'?H#'-.,($'($#C*L#'($'C.#.,'C&,'-&(.'1.',$>"62'($1'>&1:&'($'a&,"2-&<'S"$2-,.#'
R-*.,-'8.)K.'("+*I&#'($'1.#'$#)*1-*,.#';'1&#'?H,?&1$#E'A$B$--'11$B.+.'.').+&'1.#'
?$(")"&2$#<'!&#'.%&#'($#C*L#'-*B"$,&2'F*$'.+.2(&2.,'1.')"*(.('.').*#.'($1'C$1">,&'
F*$ ' ,$C,$#$2-.+. ' 1. ' "2$#-.+"1"(.( ' C&1K-"). ' ($ ' 1. ' 3&2.< ' ]& ' C*("$,&2 ' ,$>,$#., ' ?H#'
-.,($'($+"(&'.1',$#*,>"?"$2-&'($'1&#'("#-*,+"&#'$2'1.')"*(.(';'.1'$#-.11"(&'($'*2.'
$C"($?".<'D.'&+,.'F*$'C,$#$2-.+.'$1':,*-&'($'#*#'-,.+.I&#'.C.,$)"6'$2'UY`O<'41'1"+,&'
C,&(*I&'*2'$:$)-&'$c-,.&,("2.,"&'#&+,$'1.'#&)"$(.('"2>1$#.'$1$B.2(&'$1'>*#-&'C&,'1.'
.,F*"-$)-*,. ')1H#"). ' .1 '1*>., ' #*C,$?& ' ($ ' 1.# ' C,$:$,$2)".#< ' D. ' "2:1*$2)". ' ($1 ' $#-"1&'
)1H#")&'#$'($I6'#$2-",'$2'1.'.,F*"-$)-*,.'1&).1'"2>1$#.<'D.'C*+1").)"62'($'$#-.'&+,.'
#">2":")6'$1')&?"$23&'($1'$#-*("&'#$,"&'($1'.,-$')1H#")&';'($'1.#'.2-">l$(.($#'C&,'-&(.'
4*,&C. ' 8.#-. ' $1 ' C*2-& ' ($ ' F*$ ' C*$($2 ' #$, ' )&2#"($,.(&# ' 1&# ' C"&2$,&# ' ($ ' 1.'
.,F*$&1&>K.')1H#").<

-&'%1=#1$%51'/#'!"#$%&

41'C,&>,$#"B&',$($#)*+,"?"$2-&'($1'?*2(&'>,"$>&'.2-">*&'.'-,.BL#'($1'?$I&,'
)&2&)"?"$2-&'($'#*'C."#.I$';'($'#*#',$#-&#'?&2*?$2-.1$#E'F*$'8.+K.').,.)-$,"3.(&'
+*$2.'C.,-$'($1'#">1&'di55';'1.'C,"?$,.'?"-.('($1'di555E')&2(*I&'($'?.2$,.'"2$B"-.+1$'
.'#*'"($.1"3.)"62<'N,$)".'$?C$3.+.'.#K'.'.(F*",",'*2.')1.,.'C,$C&2($,.2)".'#&+,$'
A&?.'$2'$1'-$,,$2&'"2-$1$)-*.1';'.,-K#-")&E'$2'$1'($'1.'?&,.1';'($'1.'C&1K-").E'(&2($'
.C.,$)K.')&?&'*2.',$:$,$2)".'"2("#)*-"+1$';'C.,.(">?H-").E'C$,&'-.?+"L2'$2'$1'($'1.'
?&(. ' ; ' ($1 ' "?.>"2.,"& ' )&1$)-"B& ' $2 ' >$2$,.1E ' #*+;*>.(& ' C&, ' $1 ' $2-*#".#?& ' ; ' 1.'
$?&)"62'F*$'($#C$,-.+.2'#*'8"#-&,". ';'#*#'&+,.#'($'.,-$<'41')"-.(&'R-*.,-'8.+K.'
#$%.1.(&'$2'$1'C,61&>&'.'#*'&+,.'1.'"?C&,-.2)".'($')&2&)$,'N,$)".'$2'1*>.,'($'A&?.'
;'8.+K.'($#-.).(&'-.?+"L2'1.'C$,:$))"62'?H#'$1$B.(.'($'1.#'.,-$#'F*$'8.+K.'-$2"(&'
1*>.,'$2'N,$)".'-,.#'1.'($,,&-.'($'7$,I$#E'.#&)".2(&'$#-,$)8.?$2-$'$#-.'C$,:$))"62'
.,-K#-"). ' . ' 1. ' )&2#$)*)"62 ' $:$)-"B. ' ($ ' #* ' 1"+$,-.(< '0#K ' #$ ' "2")".+. ' 1. ' )&,,"$2-$ ' ($'
,$B.1&,"3.)"62'($'1.'N,$)".'($'1.'LC&).';'#*#'8.+"-.2-$#E'F*$'$,.2'"($2-":").(&#')&2'
#*# ' >1&,"&#&# ' .2-$C.#.(&#E ' #*C$,H2(&#$ ' ($ ' $#-. ' :&,?. ' C.*1.-"2. ' ;'
#">2":").-"B.?$2-$ ' $1 ' ($#C,$#-">"& ' ($1 ' F*$ ' >&3.+.2 ' $2 ' e))"($2-$E ' F*$ ' 1&# ' 8.+K.'
)&2#"($,.(&'8.#-.'$2-&2)$#'*2'C*$+1&'+H,+.,&';'#"2'"2-$,L#'F*$'2&'#$'8.11.+.'.'1.'
.1-*,.'($'#*'+,"11.2-$'C.#.(&<
D.'&+,.'($)"#"B.'($'A&+$,-'o&&(E'*2'$#-*("&#&':"2.2)".(&'-.?+"L2'C&,'1&#'
!"1$--.2-"E ' #">*$ ' $2 ' )"$,-. ' ?.2$,. ' 1&# ' C.#&# ' ?.,).(&# ' C&, ' R-*.,- ' ; ' A$B$--E ' )&2'
F*"$2$#')&"2)"("6'(*,.2-$'#*'$#-.2)".'$2'0-$2.#E';')&2#-"-*;$'.'#*'?&(&'&-,&'1&#'
$1$?$2-&#'($)"#"B&#'$2'$1'#*,>"?"$2-&'($1'"($.1'8$1L2")&'C,&C"&'($1',&?.2-")"#?&<'
i".I6'$c-$2#.?$2-$'C&,'N,$)".';'$1'b,6c"?&'e,"$2-$';')&?&',$#*1-.(&'($'#*#'B".I$#'
C*+1")6'*2.'#$,"$'($'1"+,&#'F*$'>&3.,&2'($'*2.'+*$2.'.)&>"(.'$2'$1'CJ+1")&'.1'",'

)#)

.)&?C.%.(&#'($'1H?"2.#'F*$'"1*#-,.+.2'1*>.,$#'($#),"-&#'$2'$1'-$c-&<'R*'&+I$-"B&'
$,.'$#-"?*1.,'1.'"?.>"2.)"62'8"#-6,").'($'#*#'1$)-&,$#E'F*$'C&(K.2'.#&)".,'.8&,.'1.'
C$,)$C)"62 ' ($1 ' C."#.I$ ' ,$.1 ' ; ' 1. ' C,$#$2)". ' B"B. ' ($ ' #*# ' .2-">*&# ' 8.+"-.2-$#E ' F*$'
C,$B".?$2-$ ' 8.+K. ' $cC$,"?$2-.(& ' $1 ' .*-&,< ' R* ' &+,. ' ?H# ' "?C&,-.2-$ ' :*$E ' #"2'
$?+.,>&E'*2'$#-*("&'#&+,$'1.'-&C&>,.:K.'($'1.'T,6.($E'F*$'-$,?"26'#"$2(&')&2&)"(&'
)&?&'H2/"3'#/'$.)#)&#B)2%'#'.%B%2"&#+)#G'5).'<'R*'"2-$2)"62E'#$>J2'.:",?.+.'$2'$1'
C,61&>&E'2&'$,.'&-,.'F*$'p1$$,'1. 'C&F"+"' ;'1. 'K+%/)"' $2'1&#'C.K#$#'(&2($'0F*"1$#'
1*)86E'f1"#$#'B".I6';'h&?$,&').2-6q<'o&&('C&#$K.'1&#')&2&)"?"$2-&#'#*:")"$2-$#';'$1'
-.1$2-& ' 2$)$#.,"& ' C.,. ' 1$$, ' 1. ' C&$#K. ' 8&?L,"). ' ,$"2-$>,H2(&1. ' ($2-,& ' ($1 ' C."#.I$'
.)-*.1E',$)&2#-,*;$2(&'.#K'$1').?"2&'"2")".(&'C&,'$1'C,&C"&'C&$-.E'F*$'8.+K.'$c-,.K(&'
#*'"2#C",.)"62'($'$#-.'&+#$,B.)"62'($'1.'2.-*,.1$3.';'1.'#&)"$(.(')",)*2(.2-$#<'D.'
&+,.':*$'-.2'C&C*1.,'F*$':*$'C",.-$.(.'$2'!*+1K2';'#$'-,.(*I&'.'&-,&#'"("&?.#')&?&'
$1':,.2)L#E'$1'.1$?H2E'$1'"-.1".2&';'$1'$#C.%&1'.2-$#'($':"2.1"3.,'$1'#">1&<
42-,$'1.#'C,"?$,.#'.)-"B"(.($#':"2.2)".(.#'C&,'1.'R&)"$(.('($'1&#'!"1$--.2-"'
$#-*B&'1.'$cC$(")"62'($'A")8.,('a8.2(1$,'.'N,$)".';'0#".'S$2&,'$2'UY`^<'a8.2(1$,E'
F*$'&+-*B&'1.'&C&,-*2.',$)&?$2(.)"62':.B&,.+1$'($'o&&(E')&2-.+.'.($?H#')&2'*2'
+,"11.2-$ ' )*,,")*1*? ' )&?& ' :"161&>& ' ;. ' F*$ ' 8.+K. ' $("-.(& ' 1&# ' :,.>?$2-&# ' ($ ' 1&#'
$1$>".)&# ' >,"$>&# ' ; ' 8.+K. ' $1.+&,.(& ' $1 ' $,*("-& ' ).-H1&>& ' #&+,$ ' 1. ' )&1$))"62 ' ($'
"2#),"C)"&2$# ' ,$*2"(. ' C&, ' $1 ' )&2($ ' ($ ' 0,*2($1< ' b.,-"6 ' C.,. ' #* ' $cC$(")"62'
.,F*$&16>"). '8.)".'N,$)".'.)&?C.%.(& 'C&,'A$B$--';'C&,'*2'I&B$2'C"2-&,'11.?.(&'
o"11".?'b.,#<'42'*2.'C,"?$,.':.#$'B"#"-.,&2'-&(.'1.')&#-.'I&2".'($'0#".'S$2&,')&2'
$#C$)".1'.-$2)"62'.1'-$?C1&'($'0C&1&'$2'!K("?.')$,).'($'S"1$-&<'!$#C*L#'?.,)8.,&2'
.'0-$2.#E'(&2($')&?C1$-.,&2'1&#'-,.+.I&#'"2")".(&#'$2'#*'(K.'C&,'R-*.,-';'A$B$--';'
B"#"-.,&2'-.?+"L2'-&(.'1.',$>"62')",)*2(.2-$'8.#-.'$1'b$1&C&2$#&<'41',$#*1-.(&'($'
$#-&#'-,.+.I&#':*$'1.'C*+1").)"62'($'1.#'42(%B[)+"+)/#D'2%"/'$2'UY`ZE'F*$')&2-,"+*;6'
C&($,&#.?$2-$ ' .1 ' $2 ' 1. ' $#-"?.)"62 ' ($ ' N,$)". ' #&+,$ ' A&?. ' $2 ' 1. ' $#-"?.)"62 ' ($1'
?*2(&'.).(L?")&';'$,*("-&';'.1',$#*,>"?"$2-&'($1'$#-"1&'>,"$>&'$2'1.'.,F*"-$)-*,.'
+,"-H2").<'R"2'$?+.,>&E'1&#'(&#'1"+,&#'F*$'1$'C,&C&,)"&2.,&2'C&C*1.,"(.('$2-,$'1&#'
1$)-&,$# ' :*$,&2 ' #*# 'Z%"D)/ # )2 # 4/%" # 5)2'.' ; 'Z%"D)/ # )2 # P.)*%"E ' F*$ ' .C.,$)"$,&2'
#*)$#"B.?$2-$ ' $2 ' 1&# ' .%&# ' UYYV ' ; ' UYY`< ' 42 ' $11&# ' C*$($ ' .C,$)".,#$ ' 1. ' ?"#?.'
,$.))"62 ' $?&)"&2.1 ' .2-$ ' $1 ' C."#.I$ ' >,"$>& ' ; ' 1. ' ,$2("(. ' .(?",.)"62 ' ($ ' 1. ' N,$)".'
.2-">*.'F*$';.'8.+K.'8$)8&'#*'.C.,")"62'$2'$1'C,61&>&'($'1.'&+,.'($'R-*.,-';'A$B$--<
0'$#-.',$.C.,")"62'($'1&'>,"$>&')&2'*2.'?.;&,':*$,3.'($2-,&'($1'$#)$2.,"&'
&))"($2-.1 ' )&2-,"+*;$,&2 ' -.?+"L2 ' ($ ' :&,?. ' "?C&,-.2-$ ' 1&# ' ($#)*+,"?"$2-&#'
,$.1"3.(&#'$2'$1'#*,'($'5-.1".'.'C.,-",'($'?$(".(&#'($1'#">1&'di555E'C,"?$,&'$2'1.#'
)"*(.($#'.2-">*.#'($'b&?C$;.';'h$,)*1.2&E'F*$'.#&1.(.#'$2'#*'(K.'C&,'1.'1.B.'($1'
i$#*+"&'8.+K.2')&2#$,B.(&').#"'"2-.)-&#'1&#',$#-&#'"2$F*KB&)&#'($'*2.')*1-*,.'F*$'
2& '$,. ';. '$c)1*#"B.?$2-$ ' ,&?.2. ';'F*$ 'C,$#$2-.+. '?*$#-,.# '$B"($2-$# '($1 '.,-$'
>,"$>&'&,">"2.1E')&?&'1.#':.?&#.#'C"2-*,.#'?*,.1$#E';'($#C*L#'$2'b.$#-*?';'R")"1".E'
)*;&#'?.>2K:")&#'-$?C1&#'&:,$)K.2'"1*#-,$#'$I$?C1&#'($1'$#-"1&'(6,")&'$2'.,F*"-$)-*,.<'
4#-&# ' 1*>.,$#E ' F*$ ' $,.2 ' C.,-$ ' ($1 'B."2+ # ('9.E ' :*$,&2 ' B"#"-.(&# ' C&, ' 2*?$,&#&#'
B".I$,&#E ' F*$ ' #$ ' #"2-"$,&2 ' .-,.K(&# ' C&, ' 1&# ' #$2#.)"&2.1$# ' 8.11.3>&# ' ,$.1"3.(&# ' $2'
$11&#<'h.;'F*$'?$2)"&2.,'-.?+"L2'1.#'2*?$,&#.#')&1$))"&2$#'C,"B.(.#'($'$#)*1-*,.'
; ' .,-$ ' >,"$>&# ' F*$ ' :*$,&2 ' )&2#-"-*;L2(&#$ ' $2 ' B.,"&# ' C.K#$# ' $*,&C$&# ' ($#($'
?$(".(&#'($1'#">1&'di5E')*;.'$c8"+")"62';'#&+,$'-&(&'1&#').-H1&>&#'"?C,$#&#'F*$'#$'
C*+1").+.2'($'$11.#')&2-,"+*;$,&2'$2'+*$2.'?$("(.'.':&?$2-.,'$#-$'>*#-&'C&,'$1'.,-$'
>,"$>&E':.B&,$)"$2(&'"2)1*#&'*2')&2&)"?"$2-&'($#($'1.'("#-.2)".'($'F*"$2$#'2*2).'

)#!

8.+K.2'C"#.(&'#*$1&'>,"$>&';'+.#.,&2'-&(&'#*'$2-*#".#?&';'#*#'"2-*")"&2$#'$2'$#-.#'
C$,)$C)"&2$#'$#-L-").#<
g#-$':*$'C,$)"#.?$2-$'$1').#&'($'7&8.22'o"2)j$1?.22E'F*"$2'#$')&2#"($,.'$1'
B$,(.($,&'"?C*1#&,'($1'($2&?"2.(&'8$1$2"#?&',&?H2-")&';'.,-K:")$'C,"2)"C.1'$2'1.'
,$B&1*)"62'"2-$1$)-*.1'F*$'.'C.,-",'($'?$(".(&#'($1'#">1&'di555'$2'4*,&C.')*1?"26'$2'
1.'$1$B.)"62';')&2#&1"(.)"62'($'N,$)".')&?&'#*C,$?&'"($.1'($'1.'+$11$3.E'1.',.362';'
1.'C$,:$))"62':&,?.1';'.,-K#-").<'R*#')&2#"($,.)"&2$#'#&+,$'$1'.,-$'>,"$>&'#$2-.,&2'
)H-$(,.E ' . ' C$#., ' ($ ' F*$ ' 2*2). ' $#-*B& ' $2 ' N,$)". ' ; ' .C$2.# ' -*B& ' &C&,-*2"(.( ' ($'
)&2-$?C1.,'&+,.#'B$,(.($,.?$2-$'&,">"2.1$#E')1.#":").2(&'.($?H#'1.'8"#-&,".'($1'.,-$'
$2 ' (":$,$2-$# ' C$,K&(&# ' ?$(".2-$ ' 1. ' .C1").)"62 ' ($1 ' $#F*$?. ' ($ ' )*.-,& ' $-.C.#'
C,&C*$#-&'C.,.'1.'C&$#K.'>,"$>.'C&,'$1'$#-*("&#&',$2.)$2-"#-.'7&#L'7*#-&'4#).1K>$,&<'
R*'B"#"62'($'1.#')&#.#'8.')&2(")"&2.(&'1.'"?.>$2'($'N,$)".'F*$'8.'C,$(&?"2.(&'
(*,.2-$'1.,>&'-"$?C&'$2'1.'"?.>"2.)"62'$*,&C$.E',&($.(.'($'*2'.*,.'($'"($.1"#?&'
F*$ ' ,$?&2-. ' "2$F*KB&).?$2-$ ' . ' 1&# ' I*")"&# ' ; ' .C,$)".)"&2$# ' $#-L-").# ' ($ ' $#-$'
"2),$K+1$'$#-*("&#&'.1$?H2<'R*'($#?$("(&'.C.#"&2.?"$2-&';'#*'$c-,.&,("2.,"&'C&($,'
($'"?.>"2.)"62'1$'C$,?"-"$,&2'>$2$,.,'"($.#'+,"11.2-$#'F*$'"+.2'?*)8&'?H#'.11H'($'
1.# ' $#)*$-.# ' $cC$)-.-"B.# ' C,&)$($2-$# ' ($ ' *2 ' ?.-$,".1 ' 1"?"-.(& ' ; ' $#).#.?$2-$'
&,">"2.1<
f2. ' ($ ' 1.# ' )1.B$# ' ($ ' #* ' "($.1"3.)"62 ' ($ ' N,$)". ' :*$ ' #* ' 1.,>. ' $#-.2)". ' $2'
A&?.E'(&2($'.)-*6')&?&'+"+1"&-$).,"&';'(",$)-&,'($'1.#'.2-">l$(.($#'($1'i.-").2&';'
?H# ' -.,($ ' )&?& ' #$),$-.,"& ' ($1 ' ).,($2.1 '01+.2"E ' F*$ ' C&#$K. ' *2. ' ($ ' 1.# ' ?.;&,$#'
)&1$))"&2$# ' C,"B.(.# ' ($ ' .,-$ ' .2-">*&< ' T*B& ' .#K ' 1. ' &C&,-*2"(.( ' ($ ' )&2-$?C1., ' ;'
$#-*(".,'($'C,"?$,.'?.2&'1&#'?H#'"?C&,-$#'-$#&,&#'.,-K#-")&#'$c"#-$2-$#'$2'1.')"*(.('
$2'.F*$11&#':&?$2-&#<'R"2'$?+.,>&E'#*'$#-,$)8.',$1.)"62')&2'$1'.,-$')1H#")&'#$'8.+K.'
"2")".(& ' ;. ' ?*)8& ' .2-$#E ' )*.2(& ' )&?& ' +"+1"&-$).,"& ' ($1 ' )&2($ ' ($ ' \l2.* ' $2 ' 1.#'
)$,).2K.# ' ($ ' !,$#($ ' 8.+K. ' -$2"(& ' 1. ' &C&,-*2"(.( ' ($ ' $#-*("., ' 1&# ' B.)".(&# ' $2'
$#).;&1. ' F*$ ' )&2#-"-*K.2 ' 1. ' )&1$))"62 ' ($ ' 0*>*#- ' ($, ' R-.,j$E ' )&?C*$#-.'
C,"2)"C.1?$2-$'($')&C".#',&?.2.#',$#-.*,.(.#'($'&,">"2.1$#'8$1$2K#-")&#<'a&?C*#&'
(&#'&+,.#':*2(.?$2-.1$#'F*$'-*B"$,&2'*2.'$2&,?$'"2)"($2)". '$2'#*'-"$?C&';'$2'
LC&).#'C&#-$,"&,$#<'D.'C,"?$,.'($'$11.#E'I)A&):%'2)/#/'$.)#&"#%5%("*%;2#+)#&"/#'$."/ #
+) # ".() # B.%)B"/ # )2 # 6%2(9." # 3 # )/*9&(9."E ' C*+1").(. ' $2 ' UYVVE ' )&2#"#-K.'
:*2(.?$2-.1?$2-$'$2'*2.'($:"2")"62'($'1.'$#-L-").'>,"$>.'F*$')&2-$2K.'#*')L1$+,$'
.:",?.)"62 ' .)$,). ' ($ ' 1. ' 2&+1$ ' #"?C1")"(.( ' ; ' 1. ' #$,$2. ' >,.2($3. ' ($ ' 1. ' $#)*1-*,.'
>,"$>.< ' D. ' #$>*2(.E 'G%/('.%" # +)& # ".() # +) # &" # 42(%B[)+"+E ' C*+1").(. ' $2 ' UY`^E'
C,$#$2-.+.'*2.'&,($2.)"62'),&2&16>").';'$#-"1K#-").'($1'.,-$'.2-">*&'F*$'"+.'($#($'
*2&#')&?"$23&#'C,"?"-"B&#'8.#-.'1.'C$,:$))"62'($'1.#'$-.C.#'($'M"(".#';'b,.c"-$1$#'
C.,.'C.#.,'($#C*L#'.'.(F*",",'*2').,H)-$,'?$,.?$2-$'"?"-.-"B&<'4#-.')1.#":").)"62E'
)&2'.1>*2.#'B.,".)"&2$#';'?.-"3.)"&2$#E'8.'#"(&'$1'$#F*$?. 'C,$(&?"2.2-$'$2'1.'
8"#-&,".'($1'.,-$'8.#-.'8.)$'+"$2'C&)&<
41'Lc"-&'($'o"2)j1$?.22'2&',$#"(K.'$2'#*#'C1.2-$.?"$2-&#')&?&'-.1$#E'F*$'2&'
$,.2'($1'-&(&'&,">"2.1$#';'2"'#"F*"$,.'$#-.+.2'+.#.(&#'$2'.C,$)".)"&2$#'"2("#)*-"+1$#E'
#"2&'$2'1&'F*$'.F*L11&#',$C,$#$2-.,&2'$2'*2.'LC&).'($'$#C$)".1')&2B*1#"62'$2').#"'
-&(&#'1&#'-$,,$2&#<'41',$-&,2&'$#).C"#-.'8.)K.'1.'2.-*,.1$3.'F*$'.1>*2&#'C$2#.(&,$#'
)&?& ' A&*##$.* ' 8.+K.2 ' C,&)1.?.(& ' )&?& ' ,$?$("& ' . ' 1.# ' ?"#$,".# ' ($1 ' #">1& ' #$'
)&2B",-"6'$2'1&#'-L,?"2&#'($'o"2)j$1?.22'$2'*2',$-&,2&'8.)".'1&#'.2-">*&#'>,"$>&#E'
F*$ ' ,$C,$#$2-.+.2 ' .#&)".(&# ' 1. ' 2.-*,.1$3.E ' $1 ' >$2"& ' ; ' 1. ' 1"+$,-.( ' $2 ' .+"$,-.'
)&2-,.C&#")"62'.'*2'?*2(&'?&($,2&'F*$'2&'B.1&,.+.'C,$)"#.?$2-$'$#-.#')*.1"(.($#'
:*2(.?$2-.1$#<'0#&)".+.'1&#'1&>,&#'.,-K#-")&#'($'1&#'>,"$>&#')&2'*2')1"?.'-$?C1.(&'

)#"

F*$':.B&,$)K.'1.'B"(.'.1'.",$'1"+,$';'$1'$I$,)")"&'.1'($#2*(&E')&2'*2',L>"?$2'($'1"+$,-.('
C&1K-").'F*)'"?C*1#.+.'1.'),$.-"B"(.('.,-K#-").';'1"+$,.+.'$1'>$2"&'"2("B"(*.1'($'-&(.#'
1.# ' ,$#-,"))"&2$# ' #&)".1$# ' ; ' )&2 ' *2. ' ?.2$,. ' ($ ' B$, ' $1 ' ?*2(& ' F*$ ' C,"?.+. ' 1.'
+J#F*$(. ' ($ ' 1. ' +$11$3. ' .+#&1*-. ' C&, ' $2)"?. ' ($ ' #*# ' $2).,2.)"&2$# ' "2("B"(*.1$#<'
a&?&',$#*1-.(&'($'1.'"2:1*$2)".'($'o"2)j$1?.22E'1.':"1&#&:K.'$#-L-").'($'1.'J1-"?.'
C.,-$'($1'#">1& 'di555'$c.1-6'$1'.,-$'>,"$>&')&?&'#K?+&1&';'1.'$2).,2.)"62'($'*2.'
2.-*,.1$3.'8*?.2.'B$,(.($,.E'1"+,$';'$c$2-.'($')&,,*C)"62<'42'#*#'.C,$)".)"&2$#'
$#-L-").#'C,"?.+.2'-.?+"L2'#*#'C,&C".#'"2)1"2.)"&2$#'#$c*.1$#E'F*$'-$%K.2'($'*2.'
)"$,-.'C.#"62'$,6-").'#*#'B.1&,.)"&2$#'$2'$#-$'#$2-"(&<'R*'"($.'($'N,$)".'B$2K.'.'
$cC,$#.,'1.'$2).,2.)"62'8"#-6,").';':*>.3'($'#*#'C,&C".#'.#C",.)"&2$#'B"-.1$#E'F*$'
8.11.+.2 ' $2 ' 1. ' C,$-$2("(. ' ; ' .*-&C,&)1.?.(. ' p"?"-.)"62 ' ($ ' 1&# ' .2-">*&#q ' #* ' ?H#'
$#C1L2("(. ' ,$.1"3.)"62< ' a,$6 ' .#K ' *2. ' B$,(.($,. ' :"))"62 ' C&L-"). ' F*$ ' 8"3& ' $#C$)".1'
?$11. ' $2 ' #*# ' )&2-$?C&,H2$&#E ' ),$6 ' $#)*$1. ' $2 ' 1&# ' -"$?C&# ' "2?$(".-.?$2-$'
C&#-$,"&,$#'$2':">*,.#'-.2'($#-.).(.#')&?&'1.#'($'h$,($,E'N&$-8$E'M")8-$'&'R)8"11$,E'
$ ' "2)1*#& ' -&(.BK. ' $2 ' 1. ' .)-*.1"(.( ' )&2-"2J. ' $I$,)"$2(& ' #* ' :.#)"2.)"62 ' #&+,$ ' 1.'
"?.>"2.)"62 ' ?&($,2.E ' )*;. ' B"#"62 ' "($.1"3.(. ' ($ ' N,$)". ' ($,"B. ' ($ ' :&,?. ' ?H# ' &'
?$2&#'(",$)-.'($'1&#'C1.2-$.?"$2-&#'($'o"2)j$1?.22<
R*#'"($.1$#'($'+$11$3.')1H#").'#$'B$K.2'.($?H#'C$,?.2$2-$?$2-$',$:&,3.(&#'
C&,'1&#')&2-"2*&#'($#)*+,"?"$2-&#'F*$'#$'11$B.+.2'.').+&'C&,'$2-&2)$#'$2'$1'#*$1&'
"-.1".2&<'R*'C.C$1')&?&'.2-")*.,"&'C.C.1')&2#"#-K.'C,$)"#.?$2-$'$2'"2#C$))"&2.,'1&#'
2*$B&#'8.11.3>&#'$'"?C$(",'#*'$cC&,-.)"62'"1$>.1<'D.'$2&,?$').2-"(.('($'&+I$-&#'
($#+&,(.+. ' . ' B$)$# ' #*# ' ).C.)"(.($#E ' 8.#-. ' -.1 ' C*2-& ' F*$ '2& ' #.+K. ' ("#-"2>*", ' $1'
B$,(.($,& ' $#-"1& ' >,"$>& ' ($ ' 1. ' ?*1-"-*( ' .C.+*11.2-$ ' ($ ' )&C".# ' ,&?.2.#< ' R"$?C,$'
,$2*$2-$ ' . ' B".I., ' 8.#-. ' 1. ' C,&C". ' N,$)".E ' (&2($E ' .($?H# ' ($ ' 1.# ' ($#.1$2-.(&,.#'
(":")*1-.($# ' F*$ ' $2-,.%.+. ' -&(.BK. ' 1. ' $?C,$#.E ' 2& ' $#C$,.+. ' $2)&2-,., ' ?$I&,$#'
&C&,-*2"(.($# ' ($ ' 1.# ' F*$ ' ;. ' )&2-.+. ' $2 ' A&?.E ' 1& ' ?H# ' )$,). ' F*$ ' o"2)j$1?.22'
$#-*B& ' ($1 ' B$,(.($,& ' .,-$ ' >,"$>& ' :*$,&2 ' 1.# ' .2-">l$(.($# ' ($ ' $#-. ' C,&)$($2)".'
$c"#-$2-$#'$2'#*$1&'"-H1")&<'i"#"-6'1.#'$c).B.)"&2$#'($'b&?C$;.';'h$,)*1.2&E'(&2($'
#$'?&##-,6'$#C$)".1?$2-$'"2-$,$#.(&'C&,'#*#'C"2-*,.#'?*,.1$#E'F*$',$)&,(.+.2'($'
.1>*2. ' :&,?. ' 1&# ' C$,("(&# ' &,">"2.1$# ' ($ ' 1. ' >,.2 ' C"2-*,. ' >,"$>.E ' 1.# ' ,*"2.# ' ($ ' 1&#'
-$?C1&# ' ($ ' b.$#-*?E ' F*$ ' 1$ ' ).*#.,&2 ' 1. ' C,&:*2(. ' "?C,$#"62 ' ($ ' *2 ' B$,(.($,&'
($#)*+,"?"$2-&E';'C*(&')&2-$?C1.,'1.'$c)$1$2-$')&1$))"62'($'B.#&#'>,"$>&#'($'#",'
o"11".?'h.?"1-&2E'$1'$?+.I.(&,'"2>1L#'$2'1.')&,-$'($']HC&1$#E'($'1.'F*$'$#C$,.+.'
,$.1"3., ' *2 ' )&?$2-.,"& ' ($#),"C-"B& ' ($ ' #*# ' $#)$2.# ' ($)&,.-"B.#< ' R"2 ' $?+.,>&E ' #*'
-,H>").'?*$,-$'.'?.2&#'($'*2'"-.1".2&')&2'$1'F*$'?.2-$2K.'*2.'-*,+".',$1.)"62')&,-6'
($',.K3'1.'C&#"+"1"(.('?H#'F*$',$.1'($'F*$'o"2)j$1?.22E'($'8.+$,')&2-.(&')&2'$1'
-"$?C& ' ; ' 1. ' ($(").)"62 ' 2$)$#.,"&#E ' 11$>.#$ ' . ' ).C-., ' 1&# ' $I$?C1&# ' ?H# ' ,$.1$# ' ;'
B"#"+1$#'($'$#-$'$#-"1&'>,"$>&'F*$';.'8.+K.'C$,)"+"(&';'($:"2"(&'C,$B".?$2-$'$2'#*'
"?.>"2.)"62<
41'"?C.)-&'($'$#-$'2*$B&'8$1$2"#?&'$2'01$?.2".E'.*#C")".(&'$'"2.*>*,.(&'
C&,'o"2)j$1?.22E':*$')&2#"($,.+1$E'8.#-.'$1'C*2-&'($')&2#-"-*",'*2.'2*$B.')1.#$'($'
)*1-*,.'2.)"&2.1<'R$'8.'11$>.(&'"2)1*#&'.').1":").,'($'-",.2K.'$1'"2:1*I&'F*$'1.'N,$)".'
.2-">*.'$I$,)"6'#&+,$'1.'$(*).)"62E'1.'1"-$,.-*,.';'1.#'.,-$#'.1$?.2.#'($'-&(&'$#-$'
C$,K&(& ' F*$ ' .+.,)6 ' ($#($ ' ?$(".(&# ' ($1 ' di555 ' 8.#-. ' +"$2 ' $2-,.(& ' $1 ' d5d< ' 41'
8$1$2"#?&'.1$?H2E'+.#.(&'$2'+*$2.'C.,-$'$2'*2.'N,$)".'?H#'"?.>"2.,".'F*$',$.1E'
)*;.#'?*$#-,.#'?H#'"2?$(".-.#'$,.2'1.#'$#)*1-*,.#'_>$2$,.1?$2-$')&C".#_'F*$'
.1+$,>.+.2')&1$))"&2$#')&?&'1.#'($'!,$#($'&'S.28$"?E':*$').#"'$c)1*#"B.?$2-$'*2'
?&B"?"$2-& ' ($ ' ).,H)-$, ' 1"-$,.,"& ' ; ' :"1&#6:")&< ' M*$ ' .($?H# ' "?C*1#.(& ' C&, ' >$2-$#'

)##

#.1"(.#'($'1&#'$#-,.-&#'#&)".1$#'?H#'8*?"1($#E')&?&'$1'C,&C"&'o"2)j$1?.22E'F*$'
8.11.,&2'$2'1.'C,&?&)"62'($1'2*$B&'"($.1'8$1L2")&'*2.'&C&,-*2"(.('"2?$I&,.+1$'C.,.'
#*'C,&C"&'.#)$2#&'($2-,&'($'1.'$#).1.'#&)".1<'4,.'-.?+"L2E'.1'?"#?&'-"$?C&E'*2.'
:&,?. ' ($ ' )&?+.-", ' 1. ' #*C,$?.)K. ' )*1-*,.1 ' ; ' C&1K-"). ' ($ ' M,.2)".E ' $?C$%.(. ' $2'
)&2#$>*",'C.,.'#K'$1'$#-.-*#'($'p2*$B.'A&?.q<'N,$)".'#$'C,$#$2-.+.'.#"')&?&'*2.'
.1-$,2.-"B.'"($&16>").'.'$#-.'*-"1"3.)"62'"2-$,$#.(.'($'A&?.'F*$'8.+K.':*2(.?$2-.(&'
1.'B."2+)9.':,.2)$#.'.'1&'1.,>&'($'1&#'J1-"?&#'-"$?C&#<'D.'"?"-.)"62'($'1&#'>,"$>&'F*$'
C,&C&2K.'o"2)j$1?.22')&?&'$1'J2")&').?"2&'C.,.'11$>.,'.'#$,'>,.2($#'$'"2"?"-.+1$#'
$,. ' $:$)-"B.?$2-$ ' *2. ' ,$)$-. ' F*$ ' C&(K. ' )&2-,"+*", ' . ' )"?$2-., ' 1. ' :*-*,. ' >,.2($3.'
.1$?H2 ' ; ' . ' $,&#"&2., ' ($ ' :&,?. ' ($:"2"-"B. ' 1.# ' 2&,?.# ' "?C$,.2-$# ' $2 ' 4*,&C.E'
.1$2-.(.#';')*1-"B.(.#'($#($'#*$1&':,.2)L#<
D&# ' C1.2-$.?"$2-&# ' ($ ' o"2)j$1?.22 ' .).+.,K.2 ' )&2B",-"L2(&#$ ' $2 ' *2.'
B$,(.($,.',$1">"62'$#-L-").E'F*$'.(&C-.+.'1&#'2*$B&#'"($.1$#'>,"$>&#')&?&'),$(&'
:*2(.?$2-.1 '$2 '$1 'F*$ '#$ ' .*2.+.2 '1. '2.-*,.1$3. ' ;'1.' +$11$3. '($ '1. '?.2$,. '?H#'
.,?&2"&#.'C&#"+1$<'4#-.'C&#-*,.'#$'.C,$)".'$2'1.#'&+,.#'($'.*-&,$#')&?&'D$##"2>E'
.*-&,'($1')L1$+,$ '!"'*'2()E'C*+1").(&'$2'UY``E'F*$'($:$2(K.')&2'.,(&,'$1'C,"2)"C"&'
#$>J2'$1')*.1'$1'.,-$'>,"$>&'2*2).'#&+,$C.#.+.'1&#'1K?"-$#'($'1.',$C,$#$2-.)"62'+$11.'
"2)1*#& ' )*.2(& ' -,.-.+. ' )&2 ' -$?.# ' )&?& ' 1. ' ?*$,-$ ' & ' $1 ' (&1&, ' 8*?.2&E ' & ' )&?&'
R)8"11$,E 'F*$ '$2 ' #* 'C&$?. '!'/ # +%'/)/' ($ ' N,$)".E ' C*+1").(& ' $2 ' UYXXE ' .1.+.+. ' 1.'
2.-*,.1"(.('($'1&#'("&#$#'8&?L,")&#'F*$'8.+K.2'#"(&')&2)$+"(&#'($#($'$1'C*2-&'($'
B"#-.'($'1.'+$11$3.<'!$'1.'?"#?.':&,?.E'$1'C&$-.'h|1($,1"2'),$K.':",?$?$2-$'$2'1.'
C,$#$2)".'&'$1',$-&,2&'-,"*2:.2-$'($'1&#'("&#$#'>,"$>&#<'R$')&2#&1"(6'.#K'1.'),$$2)".'
$2'*2&#'>,"$>&#'F*$'8.+K.2'B"B"(&'*2.'B"(.'.,?&2"&#.E'(&?"2.(.'C&,')&?C1$-&'C&,'
1. ' +$11$3.E ' ; ' F*$ ' 8.+K.2 ' #"(& ' ).C.)$# ' ($ ' ($#.,,&11., ' #*# ' C&($,$# ' :K#")&# ' ;'
$#C","-*.1$#'1$I&#'($')*.1F*"$,'-"C&'($',$#-,"))"&2$#';'#"2'C$,-*,+.,'.($?H#'$1'$2-&,2&'
2.-*,.1 ' F*$ ' 1&# ' ,&($.+.< ' a*,"&#.?$2-$ ' 2"2>*2& ' ($ ' 1&# ' C&,-.B&)$#' ($1 ' 8$1$2"#?&'
.1$?H2'8.+K.'B".I.(&'8.#-.'N,$)".'$'"2)1*#&'8.+K.2',$)8.3.(&'.+"$,-.?$2-$'$#-.'
C&#"+"1"(.(')*.2(&'#$'1$#'C1.2-$6'1.'&C)"62<'R*'C$,)$C)"62'($'1&'>,"$>&'$,.'.#K'$1'
,$#*1-.(&'($'*2.')&2#-,*))"62'-$6,").'.,-":")".1'+.#.(.'$2'1.#'>$2".1$#'"2-*")"&2$#'($'
o"2)j$1?.22 ' ; ' $2 ' $1 ' ($#$& ' ($ ' $1.+&,., ' *2 ' ?&($1& ' "($.1E ' ("#-.2-$ ' C$,& ' -.?+"L2'
.))$#"+1$E'F*$'C*("$,.'$#-"?*1.,'$1'($#.,,&11&'($'1.#'C,&C".#'$2$,>K.#'$#C","-*.1$#'$2'
*2&#'?&?$2-&#'($'>,.B$'),"#"#'($'"($2-"(.('2.)"&2.1';')*1-*,.1<
4#-.'"?.>$2'"($.1'($'N,$)".'#$'$c-$2("6'-.?+"L2'C&,'&-,&#'C."#$#'($'4*,&C.E'
#"'+"$2'.(&C-6'$2').(.'*2&'($'$11&#'#*#'C,&C".#'C.,-")*1.,"(.($#'$'"("&#"2),.#".<'42'
52>1.-$,,.E'C&,'$I$,2C1&E'1.#'.)-"B"(.($#'($'1.'R&)"$(.('($'1&#'!"1$--.2-"E';.',$:$,"(.#E'
),$.,&2'*2')1"?.'($'$2-*#".#?&'C&,'-&(&'1&'>,"$>&'F*$'.1).236'#*'C*2-&')*1?"2.2-$'
)&2'1.'11$>.(.'.1'C.K#'($'1.#'$#)*1-*,.#'F*$'($)&,.+.2'$1'b.,-$262E'1&#':.?&#&#'
?H,?&1$#'41>"2E'F*$':*$,&2'$cC*$#-&#'$2'$1'S*#$&'\,"-H2")&'.'C.,-",'($'UXUZ<'D&#'
,$1.-&#'($'1&#'B".I$,&#E'F*$'$,.2'*#*.1?$2-$'?*)8&'?H#'1$K(&#'F*$'1&#'1"+,&#'($'
).,H)-$,'.).(L?")&'&'1&#'B&1J?$2$#'?H#'$,*("-&#'#&+,$'1.#'.2-">l$(.($#'>,"$>.#E'
)&2-,"+*;$,&2'($'?.2$,.'($)"#"B.'.'(":*2(",'$1')&2&)"?"$2-&'($'1.'N,$)".'.2-">*.'$'
"2-$2#":").,&2'.1'-"$?C&'1.#'.)-"-*($#'($'#"?C.-K.')&2'-&(&'1&'>,"$>&';':.)"1"-.,&2'$1'
).?"2& ' 8.)". ' #* ' "($.1"3.)"62 ' . ' ).*#. ' ($1 ' ).,H)-$, ' )&1&,"#-. ' ; ' $?&-"B& ' ($ ' #*#'
($#),"C)"&2$#<'D.'(":*#"62'($'1.':"1&#&:K.'$#-L-").'($'o"2)j$1?.22'.'-,.BL#'($'1.#'
-,.(*))"&2$#'"2>1$#.#'($'#*'("#)KC*1&'h$2,;'M*#$1"'($#$?C$%6 '-.?+"L2'*2'C.C$1'
)&2#"($,.+1$'$2'$1'($#.,,&11& '($'$#-.#'.)-"-*($#<'D.'"?.>$2'($'*2.'N,$)".'"($.1E'
#K?+&1&'($'1.'1"+$,-.(';'($'1.':$1")"(.(E'$2'1.'F*$'1.'B"(.'$,.'C,"?"-"B.E'#$2)"11.'$'

)#$

"(K1").E':*$'$1'?&($1&'C,$(&?"2.2-$'$2'1.'"?.>"2.)"62'($'C&$-.#';'.,-"#-.#E'.#K')&?&'
*2&'($'1&#'C,"2)"C.1$#'$#-K?*1&#'F*$'"?C*1#.+.2'#*'1.+&,'),$.-"B.<
N,$)".'#$')&2B",-"6'.#K'C.,.'1.'?.;&,K.'($'1&#'C&$-.#',&?H2-")&#'"2>1$#$#'$2'
*2'#K?+&1&'($'1"+$,-.(')&2-,.'-&(&'-"C&'($'&C,$#"62';'.*-&,"(.(E')&2-,.'1.#',$>1.#'
.,-":")".1$# ' $#-L-").# ' ; ' ?&,.1$# ' F*$ ' )&2#-,$%K.2 ' 1. ' $)1&#"62 ' ($1 ' >$2"& ' "2("B"(*.1 ' &'
"?C$(K.2'?.2":$#-.,'.+"$,-.?$2-$'#*#'"2)1"2.)"&2$#'#$c*.1$#E')&2-,.'$1'C,$(&?"2"&'
($1'),"#-".2"#?&E'#*#-"-*"(&'.8&,.'C&,'*2.'2*$B.'#$2#"+"1"(.('C.>.2.'F*$'C$,?"-K.'1.'
1"+,$ ' $cC,$#"62 ' ($ ' -&(.# ' 1.# ' $2$,>K.# ' B"-.1$# ' ; ' C,&C")".+. ' "2)1*#& ' *2. ' 2*$B.'
B$2$,.)"62'($'1&#'.2-">*&#'("&#$#'&1K?C")&#'.'1.'?.2$,.'($'h|1($,1"2'&'($'R8$11$;<'
N,$)".'$,.'-.?+"L2'$1'C.,.(">?.'($'1.'2.-*,.1"(.('-.2-&'$2'1.'C,&C".',$1.)"62')&2'$1'
$2-&,2& ' )&?& ' $2 ' 1.# ' )&#-*?+,$# ' )&-"(".2.#E ' "1*#-,.(. ' #&+,$ ' -&(& ' $2 ' #* ' #$,$2.'
.)-"-*('.2-$'1.'?*$,-$E')&2#"($,.(.')&?&'*2'C,&)$#&'2.-*,.1'(&2($'2&'-$2K.2').+"(.'
1.#'$c)$2-,")"(.($#'?$("$B.1$#'$?C$%.(.#'$2'($#-.).,'#*#'.#C$)-&#'?H#'-L-,")&#';'
?.).+,&#E')&?&'1.').1.B$,.E'$1'$#F*$1$-&'&'$1')*$,C&'11$2&'($'>*#.2&#<'N,$)".'$,.'
-.?+"L2E';'2&'$2'J1-"?&'1*>.,E'*2'1*>.,'($',$:*>"&E'*2.'*-&CK.'C."#.IK#-").'+.#.(.'$2'
,$),$.)"&2$#'"($.1$#'C,&?&BK(.#'C&,'*2.'C$,)$C)"62'$?&-"B.';'#$2-"?$2-.1'?H#'F*$'
C&, ' 1. ' C,&C". ' $cC$,"$2)". ' ($1 ' C.K# ' )&2 ' -&(.# ' #*# ' ).,$2)".# ' ; ' (":")*1-.($#< ' 4#'
#">2":").-"B&'.'$#-$',$#C$)-&'F*$E'.1'">*.1'F*$'#*)$("6'$2'01$?.2".E'C&)&#':*$,&2'1&#'
C&$-.#'"2>1$#$#'F*$'B"#"-.,&2'N,$)".'$2'$#-&#'?&?$2-&#E';.'F*$'2"'#"F*"$,.'R8$11$;E'
)&2#"($,.(&'$1'?H#'>,"$>&'($'-&(&#'1&#'C&$-.#',&?H2-")&#E'2"'o&,(#[&,-8E'2"'v$.-#E'
2" ' C&#-$,"&,?$2-$ ' a&1$,"(>$ ' & ' R["2+*,2$ ' 11$B.,&2 ' . ' ).+& ' $1 ' B".I$ ' 8.#-. ' -"$,,.#'
8$1L2").#<'R61& '\;,&2E 'F*$',$C,$#$2-. 'F*"3H '$1 '($#$& '($ '.1$I.?"$2-& '($1 '?&($1&'
8$1L2")& '$2' #*# '?.2":$#-.)"&2$# '?H# '"($.1$#E'-*B&'1.'&C&,-*2"(.( '($' C"#.,' #*$1&'
>,"$>&')&2'#*#'C,&C"&#'C"$#E'#"'+"$2'11$>6'8.#-.'.11K'"?C*1#.(&'?H#'C&,'#*'$c-,$?.'
B"-.1"(.(E ' #*# ' ($#$&# ' ($ ' .B$2-*,. ' ; ' #*# ' "($.1$# ' C&1K-")&# ' F*$ ' 1$ ' )&2(*I$,&2 ' .'
.(8$,",#$'.)-"B.?$2-$'.'1.').?C.%.'($'1"+$,.)"62'>,"$>.')&2-,.'1.'&C,$#"62'-*,).<
b$,& ' 1. ' "($.1"3.)"62 ' ($ ' N,$)". ' )&?& ' ?&($1& ' .1).236 ' #* ' )&2#&1"(.)"62'
"2#-"-*)"&2.1';'.).(L?").'$2'1.'*2"B$,#"(.('.1$?.2.'($')&?"$23&#'($1'd5dE'C,$#"("(.'
C&,'1.#',$:&,?.#'($'o"18$1?'B&2'h*?+&1(-E'F*$':*$'?"2"#-,&'($'4(*).)"62'($'b,*#".'
$2-,$'UXPX ';'UXUP';'#$ ')&2B",-"6'$2 '$1 '.,-K:")$'$'"2#C",.(&, '($'*2'2*$B&'#"#-$?.'
$(*).-"B& ' $2 ' $1 ' F*$ ' $1 ' $#-*("& ' ($ ' 1. '02-">l$(.( ' )1H#").E ' ; ' C.,-")*1.,?$2-$ ' $1 ' ($'
N,$)".E'($#$?C$%.+.'*2'C.C$1')$2-,.1<'R*#'C,"2)"C"&#':*2(.?$2-.1$#E'$cC*$#-&#'$2'
*2'-,.-.(&'C*+1").(&'$2'UYZOE'C,&)1.?.+.2'1.'"2("#)*-"+1$'&,">"2.1"(.('($'1&#'>,"$>&#'
F*$').,.)-$,"3.+.'-&(.#'#*#',$.1"3.)"&2$#'#"2')&2-.?"2.)"62'.1>*2.'C,&)$($2-$'($'
"2:1*$2)".#'$c-$,2.#E'.#K')&?&'1&#'$:$)-&#'+$2$:")"&#&#'F*$'$1'$#-*("&'($'*2').,H)-$,'
#$?$I.2-$'-$2K.2'C.,.'$1'($#.,,&11&'8*?.2&'$2'>$2$,.1<'N,$)".',$C,$#$2-.+.'C.,.'
h*?+&1(-'1.'.2-K-$#"#'($'1&#'C,"2)"C"&#'F*$',$>K.2'1.'B"(.'?&($,2.E'C,$&)*C.(&#'?H#'
C&, ' 1&# ' B.1&,$# ' $c-$,2&# ' ; ' 1. ' *-"1"(.( ' F*$ ' C&, ' 1. ' +$11$3. ' ; ' $1 ' ($1$"-$ ' "2-$,"&,< ' 41'
B352"/%95' C,*#".2&'$2')*;&')*,,K)*1*?'C,$(&?"2.+.2'p1.#'-,$#'1$2>*.#')1H#").#'
$*,&C$.#qE'$#'($)",E'$1'1.-K2E'$1'>,"$>&';'$1'.1$?H2E'I*2-&')&2'1.#'?.-$?H-").#E'#$'
)&2B",-"6'$2'$1'?&($1&'$(*).-"B&'C&,'.2-&2&?.#".'F*$'#$'"?C*#&'2&'#61&'$2'$1',$#-&'
($'01$?.2".'#"2&'$2'&-,.#'C.,-$#'($'4*,&C.';'0?L,").E'F*$'"?"-.,&2'#"2',$C.,&#'
"2#-"-*)"&2$#'($').,H)-$,'#"?"1.,<'41'C,&(*)-&',$#*1-.2-$'($'(")8&'#"#-$?.':*$'1&'F*$'
#$'8.'($2&?"2.(& '<%&+92B/$[.B).E'$#'($)",E'$1'p+*,>*L#'$(*).(&qE'F*$'($+K.'#*'
),$)"$2-$ ' "?C&,-.2)". ' #&)".1 ' . ' #* ' $(*).)"62 ' C&, ' $2)"?. ' ($ ' #* ' ,"F*$3. ' & ' ($ ' #*'
C,&)$($2)". ' .,"#-&),H-").E ' $2-,$ ' )*;&# ' ?"$?+,&# ' ?H# ' ("#-"2>*"(&# ' #$ ' 8.11.+.2'
-.?+"L2'1&#':*-*,&#'C,&?&-&,$#'($1'C$2#.?"$2-&'#&)".1"#-.')&?&'S.,c'&'42>$1#E'F*$'
C,&2-&'-&?.,K.2')&2)"$2)".'($1')8&F*$').(.'B$3'?H#'$B"($2-$'$2-,$'$#-&#'"($.1$#'

)#%

$(*).-"B&# ' ; ' 1. ' ,$.1"(.( ' )&2-$?C&,H2$. ' $?$,>$2-$ ' F*$ ' C,&C")".+. ' 1. ' 2.)"$2-$'
A$B&1*)"62'52(*#-,".1<

O#"=#"+%*1#+'/#'41'#+0#"#*0%.*

D.'"($.'($'*2.'N,$)".'&1K?C").';'?.I$#-*&#.E'8.+"-.(.'C&,'>$2-$#'F*$'8.)K.2'
($'1.'1"+$,-.(';'($'1.'+$11$3.'#*#'?Hc"?.#'$2#$%.#'B"-.1$#';'(&-.(.'($'*2'C."#.I$'
?H>")&';'?"#-$,"&#&'#.1C").(&'($'?&2*?$2-&#';',*"2.#'($1'>1&,"&#&'C.#.(&'C&,'$1'
F*$ ' -&(.BK. ' ($.?+*1.+.2 ' #"?+61").?$2-$ ' 1.# ' B"$I.# ' ("B"2"(.($#E ' .).+6'
"?C&2"L2(&#$ ' $2 ' 1. ' "?.>"2.)"62 ' &))"($2-.1 ' )&?& ' *2 ' C&($,&#& ' $#-$,$&-"C& ' )&2'
("#-"2-.# '?.-"3.)"&2$#'C.,-")*1.,$#<'41'?&($1&'>,"$>& '.#K'),$.(&'.'1&'1.,>&'($'1&#'
#">1&#E ')&?C.,-"(&'.1 'C,"2)"C"&')&2'$1 ',&?.2&'&'#*+&,("2.(&'.'L1E'; '$1$B.(& '?H#'
-.,($'.'*2.'#*C,$?.)K.'F*$'#$')&2B",-"6'$2').#"'.+#&1*-.'$2'.1>*2&#').#&#E'C&#$K.'
1.')*.1"(.('C,&-$").'($'.(.C-.,#$'.'(":$,$2-$#'-"C&#'($'2$)$#"(.($#<'01>*2&#'($'#*#'
$1$?$2-&# ' )&2#-"-*-"B&# ' C&(K.2 ' .(F*",", ' "2)1*#& ' *2. ' )"$,-. ' .*-&2&?K. ' C,&C". ' ;'
($#.,,&11.,#$'($'?.2$,.'"2($C$2("$2-$E';'.'B$)$#')&2-,.(")-&,".E'($1',$#-&'($'1&#'
.-,"+*-&# ' $#-.+1$)"(&#< ' 41 ' )&2&)"?"$2-& ' "2#*:")"$2-$ ' ($ ' *2. ' ,$.1"(.( ' ?*)8& ' ?H#'
)&?C1$I. ' ; ' ("B$,#. ' -&(.BK. ' C&, ' ($#)*+,", ' _; ' ($#$2-$,,.,_E ' 1&# ' ,$F*$,"?"$2-&#'
"?C$,"&#&#'($'*2'$#-.(&'.2K?")&';'?$2-.1'F*$'#$'8.11.+.'$2'C$,?.2$2-$'>*$,,.'
.+"$,-. ' )&2 ' 1.# ' )",)*2#-.2)".# ' C,$#$2-$#E ' 1.# ' "2#.-"#:.))"&2$# ' C$,#&2.1$#E ' 1.'
+J#F*$(. ' )&2#-.2-$ ' ($ ' ,$:$,$2-$# ' $#C","-*.1$# ' F*$ ' #*#-"-*;$,.2 ' B"$I&# ' $#F*$?.#'
F*$',$#*1-.+.2'&C,$#"B&#'&'1.'#"?C1$'2$)$#"(.('($'$2)&2-,.,'*2',$:*>"&'"(K1")&')&?&'
8&,"3&2-$'($'$cC$)-.-"B.'#&2'.1>*2&#'($'1&#':.)-&,$#'F*$'$cC1").2'$1'-,"*2:&'($'(")8&'
$#-$,$&-"C&';'($'.1>*2.#'($'#*#'($#B".)"&2$#'?H#'11.?.-"B.#<
f2. ' ($ ' $11.# ' $,. ' 1. ' ($ ' *2. ' N,$)". ' #$2#*.1 ' ; ' C.>.2. ' $2 ' )*;&# ' "(K1")&#'
C."#.I$#E'C&+1.(&#'C&,'2"2:.#';'C.#-&,$#'.,("$2-$?$2-$'$2.?&,.(&#E'(.+.').+"(.'.'
-&(&'-"C&'($'C.#"&2$# 'C&, '",,$)&2)"1".+1$# 'F*$'L#-.# ':*$,.2')&2'$1 '&,($2'#&)".1';'
?&,.1'$#-.+1$)"(&'$2'1.'#&)"$(.('($'#*'-"$?C&<'D.')L1$+,$'B"#"62'($'1.'0,).(".E'1.'
-"$,,. ' "($.1"3.(. ' ($ ' 1. ' B"(. ' ).?C$#-,$E ' (&2($ ' )&?& ' #$%.1. ' N"1+$,- ' h">8$- ' p1.'
I*B$2-*('$#'$-$,2.E'$1'.?&,'1.'?H#'(*1)$'($'-&(.#'1.#')&#.#E'.*2F*$'#$.'),*$1E';'
(&2($'1.'?J#").'($#+&,(.'($'1&#'1.+"&#'($'-&(&'C.#-&,';'1&#'>,.)"&#&#'$#CK,"-*#'($1'
).?C&'C,&(">.2'#*#'#&2,"#.#'.*2'.1'.?.2-$'($#.:&,-*2.(&qE':*$'#$>*,.?$2-$'1.'
C,"?$,.'($'$#-.#'#*)$#"B.#'$2).,2.)"&2$#'.*2F*$':*$,.'($#)*+"$,-.';'.*#C")".(.'
C&,'1&#'B$,#&#'($'i",>"1"&<'41'Lc"-&'"2-$,2.)"&2.1'($'&+,.#')&?&'1.'4.*"+%"'($1'"-.1".2&'
7.)&+&'R.22.3.,&E'-,.(*)"(.'.1':,.2)L#';'.1'$#C.%&1';'.+*2(.2-$?$2-$'"?"-.(.'$2'1.'
1"-$,.-*,.'C&#-$,"&,E'&'($'1. 'E%"2"' ($'7&,>$'($'S&2-$?.;&,E'F*$'"2:1*;6'$2'.*-&,$#'
)&?&'a$,B.2-$#'&'R8.j$#C$.,$E'C&2$'($'?.2":"$#-&'1.'$2&,?$'C&C*1.,"(.('($'$#-$'
?&($1& '"($.1< '42 '$#-. ')1.#$ '($',$1.-&# 'C,$(&?"2.2'1.#'("B"2"(.($# 'C.>.2.#E 'F*$'
.C.,$)$2',$C,$#$2-.(.#')&?&'C&($,&#&#'$#CK,"-*#'F*$',$)"+$2'B$2$,.)"62';'C*$($2'
C,&-$>$,'.'#*#':"$1$#E'$2'.+"$,-&'$'"2-$2)"&2.(&')&2-,.#-$')&2'1&#'"($.1$#'.*#-$,&#';'
-,.#)$2($2-$# ' ($1 ' ),"#-".2"#?& ' ; ' )&?& ' *2. ' .:",?.)"62 ' ($ ' $#-$ ' ?*2(& ' ; ' ($ ' 1.#'
C.#"&2$#'8*?.2.#E'F*$'$,.2',$)8.3.(.#'&',$C,"?"(.#'$2'1.'?&,.1'($'1.'5>1$#".<'4#-.'
-,.(")"62'($'*2.'N,$)".'p).?C$#-,$qE'2.-*,.1';'C,"?"-"B.E'F*$'C&#$K.'$1'(&2'($'1.'
B",-*(';'($'*2.')&?C1$-.'#"2)$,"(.(E',$.C.,$)$ '$2'.*-&,$#')&?&'S&2-.">2$E'F*$'

)#&

)&2#"($,.+.'.'1&#'>,"$>&#'.2-">*&#'#$,$#'C*,&#';'-,.2#C.,$2-$#E'$c$2-&#'($'?.1.#'
C.#"&2$#E '*2. '$#C$)"$ '($ ' 2&+1$# ' #.1B.I$# ' .' F*"$2$# ' 11$>.+. '. '$F*"C.,., ' )&2 '1&#'
,$)"L2 ' ($#)*+"$,-&# ' "2("&# ' ($ '0?L,").< ' 4#-. ' "?.>$2 ' "(K1"). ' ($ ' N,$)". ' #$ ' "?C*#&'
-.?+"L2'$2'$1'C.2&,.?.'$*,&C$& '($'1&#'#">1&#'di55';'di555E'$2'C"2-&,$#')&?& '$1'
:,.2)L#']")&1H#'b&*##"2E'.1>*2&#'($')*;&#')*.(,&#E')&?& 'O"2#3#R%.%2B)E 'K.%'2#3#
!'/#6"/('.)/#+)#4.*"+%"E'11$B.2'-K-*1&#'F*$'8.+1.2'C&,'#K'#&1&#E'&'$2'$1'-$,,$2&'($'1.'
6C$,.')&2')&?C&#")"&2$#'-.2'#$%.1.(.#')&?&'$1 '4*%/#3#P"&"()"' ($'h.$2($1'&'$1'
K.A)' # 3 # H9.F+%*)' ($ ' N1*)j< ' 4#-. ' -,.(")"62 ' #&+,$B"B"6 ' (*,.2-$ ' $1 ' C$,K&(& ' ($ ' 1.'
A$B&1*)"62')&2'1.#'<9*;&%*"/'($1'C&$-.':,.2)L#'02(,L'a8L2"$,E'F*$'?*,"6'BK)-"?.'($'
1.'>*"11&-"2.E'$2'C&$-.#',&?H2-")&#')&?&'o&,(#[&,-8')&2'#*'$c.1-.)"62').#"'?K#-").'
($ ' 1. ' 2.-*,.1$3.E ' $2 ' C&$-.# ' ($ ' 1. ' LC&). ' B")-&,".2. ' )&?& ' S.-8$[ '0,2&1( ' & ' $2'
#"?+&1"#-.# ')&?& '$1 'C&$-. ' :,.2)L# ' R-LC8.2$ ' S.11.,?L ' )&2 ' #* ' :.?&#. 'R%)/(" #+)& #
A"92'<
D. ' B"#"62 ' "(K1"). ' ($1 ' C."#.I$ ' ; ' $1 ' )1"?. ' >,"$>&#E ' F*$ ' .C.,$)K. ' $2 ' #$B$,&'
)&2-,.#-$')&2'1.#'+,*?.#';':,K&#'($1'2&,-$'($'4*,&C.E'#$'"?C*#&'"2)1*#&')&?&'*2.'
C,$?"#. ' 2$)$#.,". ' F*$ ' $cC1").+. ' -&(.# ' #*# ' >,.2($# ' ,$.1"3.)"&2$# ' C&1K-").# ' ;'
$#C","-*.1$#<'D.'.,?&2"3.)"62'($1').,H)-$,'($'*2'C*$+1&')&2'$1'$2-&,2&'$2'$1'F*$'
8.+"-.+.')",)*1.+.'$2-&2)$#E'.'?$(".(&#'($1'd5dE'$2-,$'1&#'C,"?$,&#'$#-*("&#&#'($'1.'
8"#-&,".'($'1.')"B"1"3.)"62'>,"$>.'F*$'11$>.+.2'.'$F*"C.,.,'1.')1.,"(.('($1'C$2#.?"$2-&'
.-$2"$2#$')&2'$1',$#C1.2(&,'F*$'"?C$,.+.'8.+"-*.1?$2-$'$2'$1'C."#.I$'($1'n-").<'R$'
,$)*C$,.,&2'1.#'B"$I.#'&C"2"&2$#'>,"$>.#'F*$'$2.1-$)K.2'1.'#*C$,"&,"(.('($1').,H)-$,'
>,"$>&'.').*#.'($'#*'*+").)"62'"($.1'$2'*2.'3&2.'-$?C1.(.'F*$'>&3.+.'($1')1"?.'
C$,:$)-&<'4#-.')1.#$'($'C.,.(">?.#'"($.1$#'2&'&C$,.+.2'#61&'$2-,$'F*"$2$#'($#($'1.'
("#-.2)".'($'1.-"-*($#'?H#'#$C-$2-,"&2.1$#')&2-$?C1.+.2')&2'2&#-.1>".'1.#'($1")".#'
($1 ')1"?. '>,"$>&< 'D.'#*C$,"&,"(.( '($1 ')1"?. '($1 'n-").';'($' 1. ',$>"62 '($' 7&2". ':*$'
,$#.1-.(.'"2)1*#&'C&,'"2("B"(*&#'F*$'8.+K.2'B".I.(&'8.#-.'N,$)".E')&?&'\;,&2'&'$1'
C&$-.';'$2#.;"#-.'i")-&,".2&'R;?&2(#E'F*$'($I.,&2'F*$'#*':.2-.#K.'#$'"?C*#"$,.'
#&+,$'#*'$cC$,"$2)".',$.1<
D&# ' $#-$,$&-"C&# ' ,.)".1$# ' 8")"$,&2 ' -.?+"L2 ' #* ' .C.,")"62 ' )&2 ' 1. ' (")&-&?K.'
>,"$>. ' $2-,$ ' I&2"&# ' ; ' (&,"&#E ' #"?+&1"3.(. ' ,$#C$)-"B.?$2-$ ' C&, ' 1. ' &C&#")"62 ' $2-,$'
0-$2.#';'4#C.,-.E'$2'*2.'LC&).'$2'1.'F*$'1.'$cC1").)"62'($'1.'8"#-&,".'.'-,.BL#'($'
-L,?"2&#',.)".1$#'#$'8.11.+.'$2'C1$2&'.C&>$&'$2'4*,&C.<'42'1.'52>1.-$,,.'B")-&,".2.'
(")8.'&C&#")"62'#$'-,.(*I&'$2'1.'"($2-":").)"62'($'1&#'$#C.,-.2&#')&2'1&#'$#)&)$#$#';'
($'1&#'.-$2"$2#$#')&2'1&#'"2>1$#$#E'$2'C,"2)"C"&'*2.'&C&#")"62'$2-,$'$1'2&,-$';'$1'#*,'
F*$'C&(K.'(.,')*$2-.'($'1.#'(":$,$2)".#'$c"#-$2-$#'($2-,&'($1'-$,,"-&,"&'+,"-H2")&E'C$,&'
.'1.'1.,>.'*2.'$#C$)"$'($'I*$>&'C$,B$,#&'F*$'.).+.,K.'($':&,?.'-,H>").'$2'-"$?C&#'
C&#-$,"&,$#')*.2(&'1.'"($.'.(F*","6')&22&-.)"&2$#'?H#')&2-*2($2-$#'$2'?.2&#'($'
1.'"($&1&>K.'2.3"<'D.':.#)"2.)"62'?&($,2.'C&,'4#C.,-.'B$2K.'($'1$I&#<'A&*##$.*';'1&#'
"2-$1$)-*.1$#',$B&1*)"&2.,"&#'B"$,&2'$2'4#C.,-.'$1'?&($1&'($'$#-.(&'"($.1'F*$'C&(K.'
)&1?.,'#*#'.#C",.)"&2$#'>,.)".#'.'1.'1$)-*,.'($'b1*-.,)&E'F*$'($#),"+K.'1.#'1$;$#';'
B",-*($# ' ($1 ' B"$I& ' $#-.(& ' >,"$>& ' $2 ' &+,.# ' )&?& ' #* ' +"&>,.:K. ' ($1 ' ?K-")& ' $#-.("#-.'
D")*,>&E'(&2($'1&'C,$#$2-.')&?&'$1'>,.2'8&?+,$'($'$#-.(&'F*$')&2#"($,6'F*$'$1'
C,"?$,'($+$,'($1'1$>"#1.(&,'$,.'>.,.2-"3.,'1.'$(*).)"62'?&,.1'($'#*#')&2)"*(.(.2&#<'
D.'C&#"+"1"(.('($'($#.,,&11.,'1.'+&2(.('"22.-.'($1'8&?+,$'?$(".2-$'1.'.,-")*1.)"62'($'
+*$2.# ' "2#-"-*)"&2$# ' #$ ' B"& ' .#K ' "?C*1#.(. ' $2-,$ ' 1&# ' C$2#.(&,$# ' ,$B&1*)"&2.,"&#'
?$(".2-$'$1'$I$?C1&'$#C.,-.2&<'41'$1&>"&'($'1.')&2#-"-*)"62'$#C.,-.2.'$#')&2#-.2-$'
$2 ' #*# ' &+,.# ' C&, ' 1. ' #*?"#"62 ' ($1 ' )"*(.(.2& ' .1 ' $#-.(& ' "2)*1).2(& ' .($?H# ' $2 ' L1'
)*.1"(.($#')&?&'$1'C.-,"&-"#?&E'$1'B">&,':K#")&E'1.'.*#-$,"(.(E'1.'">*.1(.('($?&),H-").'

)#'

;'$1'.C$>&'.'*2.'B"(.'#$2)"11.'$2'.+"$,-&')&2-,.#-$')&2'$1'1*I&';'1.'($).($2)".'F*$'
"?C*1#.+.2'1.#'2.)"&2$#'?&($,2.#<
D. ' )&2(")"62 ' ($ ' ).?C.?$2-& ' ?"1"-., ' $2 ' C$,C$-*. ' .1$,-. ' .2-$ ' )*.1F*"$,'
.?$2.3. ' "2-$,"&, ' & ' $c-$,"&, ' _J2"). ' :&,?. ' ($ ' ?.2-$2$, ' $1 ' C,$(&?"2"& ' F*$ ' *2.'
?"2&,K. ' $I$,)K. ' #&+,$ ' 1. ' ?.;&,K. ' ($ ' 1&# ' 8.+"-.2-$# ' ($ ' D.)&2". ' ; ' S$#$2"._E ' 1.'
(*,$3.';'#$B$,"(.('($'#*#')&#-*?+,$#'$(*).-"B.#'F*$',.;.+.2'$2'1.'B"&1$2)".';'1.'
8*?"11.)"62 ' )&2-"2*.(.# ' & ' 1.# ' $#-,")-.# ' )&2(")"&2$# ' ($ ' B"(. ' F*$ ' 1$# ' &+1">.+.2 ' .'
?.2-$2$,'*2.'B"(.':.?"1".,'+.I&'?K2"?&# '&'.'1.'"2>$#-"62'($'*2',.2)8& ')&1$)-"B&'
"2)&?$#-"+1$ ' =$1 ' :.?&#& ' ).1(& ' &#)*,&@ ' F*$(.+.2 ' $2 ' #$>*2(& ' C1.2& ' .2-$ ' 1.'
"($.1"3.)"62'($'1&#',$#*1-.(&#'.C.,$2-$#'$2>$2(,.(&#'C&,'$#-.'?.F*"2.,".'+L1").'$'
"2#-"-*)"&2.1 '$2>,.#.(. 'C&,' $1 '-$,,&,' )&1$)-"B& ';'1.'),*$1(.(' "2*#"-.(.< '41' p?"1.>,&'
$#C.,-.2&qE ' ?&($1& ' ($ ' *2. ' #&)"$(.( ' ,$>"(. ' C&, ' $1 ' C.-,"&-"#?& ' ; ' 1. ' $#-.+"1"(.('
C&1K-").E'8.'$I$,)"(&'#*'"2:1*I&'.,,&11.(&,'#&+,$'-&(.#'1.#'LC&).#E'($#($'S.F*".B$1&';'
S&2-$#F*"$* '8.#-. ' 1&# ' b.(,$# ' :*2(.(&,$# ' ($ ' 1&# ' 4#-.(&# ' f2"(&#E ' (&2($ ' $c"#-$2'
*2.# ' )*.2-.# ' )"*(.($# ' F*$ ' 11$B.2 ' $#$ ' 2&?+,$< ' 41 ' )L1$+,$ ' ),K-")& ' ; ' $2#.;"#-.'
i")-&,".2&'o.1-$,'b.-$,')&?C.,6')&2')"$,-.'#.-"#:.))"62'$1'#"#-$?.'$#C.,-.2&')&2'$1'
($ ' 1.# ' $#)*$1.# ' CJ+1").# ' "2>1$#.#< ' R"2 ' $?+.,>&E ' :*$ ' #* ' .(&C)"62 ' )&?& ' ?&($1&'
$(*).-"B&'C&,'$1':.#)"#?&';'$1'2.3"#?&E')*;.#',$#C$)-"B.#'I*B$2-*($#'$#-.+1$)"$,&2'
C$1">,&#&#'C.,.1$1&#')&2'$1'B"$I&'#"#-$?.'($'D")*,>&E'1.'F*$'11$B6'1.'C$,B$,#"62'($1'
?&($1& ' $#C.,-.2& ' . ' #*# ' ?H# ' C$1">,&#.# ' $ ' "2($#$.+1$# ' )&2#$)*$2)".#< ' 41 ' C,&C"&'
h"-1$,'.C,&+.+.'.1'C.,$)$,'1.'C,H)-").'$*>$2L#").'($'1&#'$#C.,-.2&#E')&2#"#-$2-$'$2'
.,,&I., ' ($#($ ' $1 ' ?&2-$ ' T.">$-& ' . ' 1&# ' ,$)"L2 ' 2.)"(&# ' F*$ ' C,$#$2-.+.2 ' ($:$)-&#'
:K#")&#E ' .1.+.+. ' #* ' &C,$#"62 '($ ' 1&# ' 8"1&-.# ' $ ' "2)1*#& ' C,$-$2(K. ' )&?C.,., ' 1. ' #&C.'
).?C$#"2.'($1'$#-.(&'($'R)81$#[">_h&1#-$"2')&2'$1'"2)&?$#-"+1$').1(&'$#C.,-.2&<
D.'"($.1"3.)"62'.),K-").'.:$)-6'-.?+"L2'.'1.'($?&),.)".'($'0-$2.#E'F*$E')&?&'
;. ' #$ ' ("I& ' $2 ' $1 ' C,"?$, ' ).CK-*1&E ' #$ ' $,">"6 ' $2 ' #$>*"(. ' )&?& ' $1 ' C.,.(">?. ' ).#"'
.+#&1*-&'($'1&'F*$'#">2":").+.'N,$)".'C.,.'$1'?*2(&'?&($,2&<'41'($#),L("-&'($'1.'
($?&),.)".'.-$2"$2#$':*$'.1>&'?.2":"$#-&'.'1&'1.,>&'($'1&#'#">1&#'di5E'di55';'di555E'
C&, ' )&2#"($,., ' F*$ ' ,$C,$#$2-.+. ' $1 ' (&?"2"& ' ($ ' 1. ' ?*)8$(*?+,$ ' "2$#-.+1$ ' #&+,$'
)*.1F*"$, ' -"C& ' ($ ' ($)"#"62 ' ?H# ' ,.)"&2.1 ' ; ' ?$#*,.(.< ' M*$ ' 1. ' )L1$+,$ 'G%/('.%" # +)#
P.)*%"E'$#),"-.'C&,'$1'+.2F*$,&';'C&1K-")&',.(").1'"2>1$#'N$&,>$#'N,&-$E'F*$'$?C$36'
. ' C*+1")., ' $2 ' UX^`E ' 1. ' F*$ ' #">2":")6 ' $1 ' C*2-& ' ($ ' "2:1$c"62 ' $2 ' $#-$ ' -$,,$2&< ' D.#'
,$:&,?.# ' ($ ' a1K#-$2$# ' #$ ' )&2B",-"$,&2 ' . ' C.,-", ' ($ ' $#&# ' ?&?$2-&# ' $2 ' $1'
.)&2-$)"?"$2-&'?.-,"3'($'1.'($?&),.)".'F*$'.)-*6'>*".(&'C&,'1.'"($.')1.B$'($'*2'
C*$+1&'#&+$,.2&')&?C*$#-&'C&,')"*(.(.2&#'1"+,$#'$'">*.1$#<'0-$2.#'.(F*",K.'($'$#-$'
?&(&'1.')&2(")"62'($'?&($1&'($'$#-.+"1"(.('C&1K-").')*;&#')"*(.(.2&#'C&#$K.2'*2'
>,.(& ' ($ ' "2-$1">$2)". ' C&1K-"). ' #*C$,"&, ' .1 ' ($1 ' ,$#-& ' ($ ' 1&# ' $#-.(&# ' .2-">*&# ' ;'
?&($,2&#<'4#-$'"?C*1#&'11$B6'"2)1*#&'.'$cC&2$,'$2'1&#'C.2$1$#'C*+1")"-.,"&#'($'1&#'
.*-&+*#$# '1&2("2$2#$# '.1>*2&#' ($ '1&# '$c-,.)-&# '($1 '("#)*,#&' :J2$+,$' ($ 'b$,")1$#'
)&?&'C.,-$'($'1.').?C.%.'($',$)1*-.?"$2-&'($'1.#':*$,3.#'.,?.(.#'$2'UZUV')&2-,.'
*2'$2$?">&'F*$'.?$2.3.+.'1.'1"+$,-.(';'1.'($?&),.)".E')&2#"($,.(&#'$2-&2)$#'1&#'
"($.1$# ' .-$2"$2#$# ' C&, ' .2-&2&?.#".< ' D. ' "($. ' ($ ' *2. ' 0-$2.# ' +*,>*$#. ' )*;&#'
$1$?$2-&#'?H#'("#-"2-"B&#'$,.2'1.'1"+$,-.(E'$1')&?$,)"&E'1.'C,&C"$(.(';'1.':.?"1".'#$'
)&2#.>,6 ' -.?+"L2 ' :"2.1?$2-$ ' $2 ' M,.2)". ' )&2 ' 1. 'G%/('.%" # B.%)B"' ($ ' i")-&, ' !*,*;E'
.C.,$)"(.'$2'UXVUE'F*$'8"3&'($'1.')"*(.('>,"$>.'$1'1*>.,')&?J2',$)*,,$2-$'#&+,$'$1'
F*$'>",.+.2'-&(.#'1.#'$#C$)*1.)"&2$#'C&1K-").#<'R61&'1.'),K-").'#.>.3';'($?&1$(&,.'
($'1&#'?&($1&#'?K-")&#'($'1.'C&1K-").'.2-">*.E'$?C,$2("(.'C&,'"2("B"(*&#'($'1.'-.11.'
($1 ' )&2($ ' ($ ' i&12$; ' & ' ($ ' \$2I.?"2 ' a&2#-.2- ' . ' :"2.1$# ' ($1 ' di555E ' F*$ ' ($I.,&2'

)#(

C.-$2-$#'1.#'(":$,$2)".#'F*$'#$C.,.+.2'.?+&#'?*2(&#E'$1'.2-">*&';'$1'?&($,2&E';'
($?&#-,.,&2 ' $1 ' .+#*,(& ' ($ ' 1&# ' "2-$2-&# ' ($ ' $F*"C.,.)"62 ' $2 ' )*.1$#F*"$,. ' ($ ' 1&#'
-$,,$2&#E')*1?"2.(.'?*)8&'($#C*L#'C&,'$1'+,"11.2-$'8$1$2"#-.'-.?+"L2':,.2)L#'D&*"#'
N$,2$-E'.*-&,'($'+.,"&#'.,-K)*1&#',$*2"(&#'($#C*L#'$2'*2'B&1*?$2'F*$'11$B.+.'C&,'
#">2":").-"B&'-K-*1&'!)/#B.)*/#/"2/#5%."*&)E'(&2($'#$%.1.'F*$E'.'C$#.,'($'1.'#"?"1"-*('
($'-L,?"2&#E'2&)"&2$#')&?&'1.'($'($?&),.)".'#61&'($+$2'#*'.C.,$2-$'"($2-"(.(')&2'
1.#'2*$#-,.#'.'*2'.))"($2-$'$-"?&16>")&E'8.'#"-*.(&'($#C*L#'1.#')&#.#'$2'#*'#"-"&<
e-,.'($'1.#'($#B".)"&2$#'($1'?&($1&'>,"$>&E'F*$'.:$)-6'$#-$').#&').#"'C&,'
">*.1 ' . ' 1. '02-">l$(.( ' ,&?.2.E ' :*$ ' 1. ' B$2$,.)"62 ' ($ ' 1&# ' .#C$)-&# ' ?H# ' $c6-")&#E'
C"2-&,$#)&# ' ; ' 2&#-H1>")&# ' F*$ ' )&2#-"-*K.2 ' 1.# ' ,*"2.#E ' )&2#"($,.(.# ' $2 ' #K ' ?"#?.#'
)&?& ' *2 ' B.1&, ' ).#" ' .+#&1*-& ' F*$ ' 2& ' ,$F*$,K. ' ($ ' C&#-$,"&,$# ' .(")"&2$# ' & ' ($'
,$)*C$,.)"&2$# ' $,*("-.# ' C.,. ' $c.1-., ' 1. ' )&2-$?C1.)"62 ' ($ ' 1. ' +$11$3. ' F*$'
,$C,$#$2-.+.2'C.,.'$1'$#C$)-.(&,<'41'1"+,&'($1'.,F*"-$)-&':,.2)L#'7*1"$2'!.B"('D$'A&;E'
I9%2"/#+)#&'/#5?/#$)&&'/#5'295)2('/#+)#P.)*%"E'C*+1").(&'$2'UYVXE'.'C$#.,'($'F*$'
)&"2)"("6')&2'R-*.,-';'A$B$--'$2'#*'B"#"-.'.'N,$)".E',$C,$#$2-.'*2.')&2)$C)"62';'*2.'
B"#"62 ' ($ ' 1.# ' .2-">l$(.($# ' +"$2 ' (":$,$2-$# ' ($ ' 1.# ' .C&,-.(.# ' C&, ' 1&# ' .,F*"-$)-&#'
+,"-H2")&#< ' D.# ' ,*"2.# ' ($1 ' C."#.I$ ' >,"$>& ' #&2 ' C,$#$2-.(.# ' )&?& ' *2 ' $#)$2.,"& ' ($'
?$("-.)"62 ' ; ' $2#*$%& ' F*$ ' #"?+&1"3. ' $1 ' C.#& ' ",,$?$(".+1$ ' ($1 ' -"$?C& ' )&2 ' 1.'
($#.C.,")"62 ' )&2#">*"$2-$ ' ($ ' 1. ' )"B"1"3.)"62 ' ; ' 1. ' C$,?.2$2)". ' )&2#-.2-$ ' ($ ' 1.'
2.-*,.1$3.< ' 41 ' "2-$,L# ' C&, ' 1&# ' ?&($1&# ' .,-K#-")&#E ' F*$ ' C,&(*I& ' 1.# ' .+$,,.)"&2$#'
)1.#")"#-.#'($'$#)*1-&,$#')&?&'a.2&B.'&'7&82'M1.c?.2E'($'C"2-&,$#')&?&'52>,$#'&'
!.B"(E ' )&2 ' #*# ' ,$#C$)-"B.# ' .1$>&,K.# ' ,$B&1*)"&2.,".# ' B$#-"(.# ' . ' 1. ' >,"$>.E ' & ' ($'
,$)&2#-,*))"&2$#'.,F*"-$)-62").#'F*$'-,.#1.(.+.2'1&#'?&($1&#'>,"$>&#'.'-&(&'-"C&'($'
$(":")"&# ' "2#-"-*)"&2.1$# ' )&?& ' 1. ' $#-.)"62 ' ($ ' R."2- ' b.2),.## ' $2 ' D&2(,$# ' & ' $1'
)&?C1$I&'($'1.'v62">#C1.-3'$2'S*2")8E'#$'-,.#1.(6'.8&,.'.1'C."#.I$';'.'#*'$#-L-").'
)&2',$1.)"62'.'1.'8"#-&,".<'D.#',*"2.#':.2-H#-").#'($'*2'>,.+.(&,'"2#">2$ ')&?&'$1'
"-.1".2& ' b",.2$#" ' & ' 1&# ' )*.(,&# ' ($1 ' C"2-&, ' :,.2)L# ' h*+$,- ' A&+$,-E ' )&2&)"(& ' )&?&'
pA&+$,-'($'1.#',*"2.#q'C&,'#*#',$C,$#$2-.)"&2$#'($'1.#',*"2.#',&?.2.#'$2'?$("&'($'
C."#.I$#'"($.1"3.(&#E',$C,$#$2-.2'$#-.'-,.2#:&,?.)"62'($'1&'C"2-&,$#)&'$2'*2.'-$&,K.'
$#-L-").<'b"2-&,$#)&':*$'-.?+"L2'C,$)"#.?$2-$'$1'.(I$-"B&')&2'F*$').1":")6'#*',$1.-&'
($'B".I$'.'N,$)".'$1')&2($':,.2)L#'a8&"#$*'mN&*::"$,E 'Z%"D)#6%2('.)/*'#+)#P.)*%"E'
.C.,$)"(&'$2'UYXOE')*;.'2&#-.1>".'C&,'1.'C.#.(.'>,.2($3.'($'1.'N,$)".'.2-">*.'#$'
$cC,$#.+. ' -.?+"L2 ' . ' -,.BL# ' ($ ' *2. ' $?&-"B. ' )&2-$?C1.)"62 ' ($1 ' C."#.I$ ' )&?&'
$#)$2.,"&'($'1.'8"#-&,".E'.'C$#.,'($'#*',$)&2&)"(.',.C.)"(.(')&?&')&1$))"&2"#-.'($'
.2-">l$(.($#<
41'1.?$2-&'#$2-"?$2-.1'#&+,$'1.',*"2.';'1.'($).($2)".'($'1.'?.>2K:").')*1-*,.'
F*$':*$'1.'N,$)".'.2-">*.E'.#K')&?&'$1')&2-,.#-$'$2-,$'1.#'$cC$)-.-"B.#'#*,>"(.#'($'1.'
1$)-*,.'($'1&#'-$c-&#'>,"$>&#';'1.')&2-$?C1.)"62'($1'1.?$2-.+1$'$#-.(&'.)-*.1'($'#*#'
C,"2)"C.1$# ' ?&2*?$2-&#E ' $,. ' *2. ' -KC"). ' .)-"-*( ' ,&?H2-"). ' F*$ ' C,&B&).+. ' 1.'
($)$C)"62'$'"2)1*#&'1.#'1H>,"?.#<'4#-.'$cC,$#"62'($'.(?",.)"62'#$2-"?$2-.1'C&,'*2'
C."#.I$'(&?"2.(&'C&,'1.#',*"2.#'F*$',$:1$I.'1.'2&#-.1>".'C&,'$1'C.#&'($'1.'8"#-&,".'&'1.'
?$1.2)&1K.'C&,'1.':*>.)"(.('($'1.'>,.2($3.'8*?.2.E'C$,&'-.?+"L2'$1'#"?C1$'$2).2-&'
($ ' #* ' $c&-"#?& ' )&2 ' -&(&# ' #*# ' C$,#&2.I$# ' ).,.)-$,K#-")&# ' .-.B".(&# ' .1. ' ?.2$,.'
-,.(")"&2.1E'8.'F*$(.(&',$:1$I.(.'$2'1&#')*.(,&#';',$1.-&#'($'B".I$'($'1.'LC&).'F*$'
($1.-.2'.1'?"#?&'-"$?C&'$1'"2")"&'($'*2.'2*$B.'C$,)$C)"62'($1'C."#.I$'>,"$>&')&2'
-&(&'$1'C$#&';'1.'C,&:*2("(.('($'#*'("?$2#"62'8"#-6,").<'N,$)".'#$')&2B$,-K.'$2'*2'
C."#.I$ ' )*;& ' #">2":").(& ' :*2(.?$2-.1 ' B$2K. ' $cC,$#.(& ' C&, ' #*# ' ,*"2.#E ' F*$'
.-$#-">*.+.2'$1'C.#&'($1'-"$?C&'C$,&')&2#-"-*K.2'.1'?"#?&'-"$?C&'1.#'8*$11.#'($'*2'

)$*

C.#.(&'>,.2("&#&'F*$'($+K.'#$,',$)*C$,.(&'#"2'$#).-"?.,'2"2>J2'-"C&'($'$#:*$,3&#<'
D.# ' )&2-,.("))"&2$# ' C,&B&).(.# ' C&, ' 1. ' $2&,?$ ' ).,C. ' +1.2). ' F*$ ' )*+,$ ' $2 ' 1.'
.)-*.1"(.( ' $1 ' -$?C1& ' ($ ' 0C&1& ' $2 ' \.##.$ ' $2 ' $1 ' b$1&C&2$#&E ' C,&-$>"$2(& ' #*#'
($-$,"&,.(.#',*"2.#'C$,&'&)*1-.2(&'.1'?"#?&'-"$?C&'1.'+$11.'C$,#C$)-"B.',&?H2-").'
F*$'"?C,"?K.2'#&+,$'$1'C."#.I$'H#C$,&';'?&2-.,.3'($'1.'0,).(".',$.1E')&2#-"-*;$2'*2.'
?*$#-,.'($'1.'-$2.3'C$,B"B$2)".'($'-.1$#'$#-$,$&-"C&#<

<1'?4+$&'/#'41&'!"#$%&'2I+'"#&)

D&#'C,&>,$#&#'($'1.'$,*(")"62'8"#-6,").E'$#C$)".1?$2-$'$2'01$?.2".E')&2'*2'
),$)"$2-$ ' ,$:"2.?"$2-& ' ($ ' 1&# ' ?L-&(&# ' ($ ' "2B$#-">.)"62 ' #&+,$ ' 1.# ' :*$2-$#E ' ; ' $1'
)&2&)"?"$2-&').(.'B$3'?$I&,'($'1&#',$#-&#'.,F*$&16>")&#'F*$'"+.2'.C.,$)"$2(&'+.I&'
$1'#*$1&'>,"$>&E'#&?$-"(&'C.*1.-"2.?$2-$E'#&+,$'-&(&'($#C*L#'($'1.'1"+$,.)"62'($1'
(&?"2"&'-*,)&E'.'2*?$,&#.#'$c).B.)"&2$#'.*#C")".(.#'C&,'1.#'C,"2)"C.1$#'2.)"&2$#'
$*,&C$.#E 'C,&C")".,&2 '*2.')&?C,$2#"62 '?*)8& '?H# ':*2(.?$2-.(. '($'1.',$.1"(.('
8"#-6,").'>,"$>.E'F*$'C&2K.').(.'B$3'?H#'$2'$2-,$(")8&'&')*$#-"&2.+.'.+"$,-.?$2-$'
1&#'?&($1&#'"($.1$#'$#-.+1$)"(&#')&2'.2-$,"&,"(.(E'.'C$#.,'($'#*'-$2.3',$#"#-$2)".'
($2-,&'($1'"?.>"2.,"&')&1$)-"B&';'C$,#&2.1'($'?*)8&#'$#-*("&#&#<
41'("#-.2)".?"$2-&'($1'?*2(&'?&($,2&'($'1.'N,$)".'.2-">*.'8.+K. '#"(&';.'
C,$)&2"3.(&'C&,'.1>*2&#'.(.1"($#'($1'8$1$2"#?&',&?H2-")&'.1$?H2')&?&'h$,($,'&'
R)8"11$,E ' F*$ ' ,$#.1-.,&2 ' $1 ' ).,H)-$, ' -,.2#"-&,"& ' ($1 ' ?&($1& ' >,"$>& ' ("#$%.(& ' C&,'
o"2)j$1?.22';'1.'"?C&#"+"1"(.('8"#-6,").'($',$C$-",'#*'$cC$,"$2)".<'42'&C"2"62'($'
h$,($,E'1.'+$11$3.'8.+K.'#"(&'$1'"($.1')&2(*)-&,'($'1&#'>,"$>&#';'$1'(&?"2"&'"?C$,.2-$'
$2'#*#'B"(.#E'C$,&'($#.C.,$)"6')&2'$11&#<'R"2'$?+.,>&E'.1'-"$?C&'F*$'#$'),$.+.'$#-.'
#$2#.)"62'($'("#-.2)".';'$c-,.%$3.'$2-,$'1&#'8&?+,$#'($'1.'51*#-,.)"62';'1&#'.2-">*&#'
>,"$>&#E'#$'$#-.+1$)K.'1.'C&#"+"1"(.('($')&?C,$2($,1.'$2'*2.'C$,#C$)-"B.'8"#-6,").'
F*$'($I.+.'.'*2'1.(&'1.').-$>&,K.'($'?&($1&'C.,.(">?H-")&'"2.1).23.+1$'.2-$'$1'F*$'
#61&').+K.'1.'C&#-*,.'($'"2-$2-.,'*2.'>,.(*.1'.C,&c"?.)"62<'4#'.#K'$1',$)&2&)"?"$2-&'
($'#*').,H)-$,'$c-,.%&';'(":$,$2-$'1&'F*$')&2(*I&'.'#*')&?C,$2#"62<'D.#'&).#"&2.1$#'
),K-").# ' ($ ' R)8"11$, ' .1 ' C.,.(">?. ' 8$1L2")&E ' )&?& ' #*# ' &+#$,B.)"&2$# ' #&+,$ ' 1.'
"2#$2#"+"1"(.('($'1.'1"-$,.-*,.'>,"$>.'8.)".'1.'>,.2'$cC$,"$2)".'"2("B"(*.1'($1'.?&,'&'
#&+,$'1.'C&#")"62'#$)*2(.,".'($'1.'?*I$,'($2-,&'($'1.'#&)"$(.('>,"$>.E')&2-,"+*;$,&2'
-.?+"L2 ' ($ ' ?.2$,. ' 2&-.+1$ ' . ' 1. ' (":*#"62 ' ($ ' *2 ' )"$,-& ' ,$1.-"B"#?& ' 8"#-6,")& ' F*$'
?.-"3.+.'1&#'>,.2($#'C,"2)"C"&#'$#-.+1$)"(&#'C&,'$1'"($.1'8$1L2")&<
41'#*,>"?"$2-&'$2'01$?.2".'($'1.'8"#-&,".'.2-">*.')&?&'("#)"C1"2.'.).(L?").';'
)"$2-K:").'.C&;.(.'$2'1.':"1&1&>".'F*$'8.+K.'.(F*","(&'*2'2&-.+1$'($#.,,&11&'.'1&'1.,>&'
($'1&#'#">1&#'di555';'d5dE'$?C$36'.').?+"., '($ ':&,?. '2&-&,".'1. 'C$,#C$)-"B.<'D.'
$#-,")-. ' ("#)"C1"2. ' $2 ' $1 ' ?.2$I& ' ($ ' 1.# ' :*$2-$# ' ("#C&2"+1$# ' ; ' 1&# ' $2:&F*$#'
"22&B.(&,$# ' ($ ' 1&# ' C,&+1$?.# ' 8"#-6,")&# ' :*$,&2 ' (.2(& ' #* ' :,*-& ' $2 ' &+,.# ' -.2'
#$%.1.(.#')&?&'1.'H*'2'5F"#6'&F(%*"#+)#&'/#4()2%)2/)/'($'0*>*#-'\&)j8E'C*+1").(.'
$2'UXUYE'F*$'2&'#61&'C,&C&,)"&2.+.'*2')*.(,&'($')&2I*2-&'$2'$1'F*$')&2:1*K.2'1.#'
"2B$#-">.)"&2$#'$,*("-.#';'$1'$#-*("&'($'1&#'-$c-&#'$C">,H:")&#';'1"-$,.,"&#E'#"2&'F*$'
,$C,$#$2-.+.'.($?H#'*2.'$B"($2-$')&2-,.C&#")"62'.'1.'"?.>$2'"($.1"3.(.'($'0-$2.#E'
& ' )&?& '!'/ # E'.%'/' ($ ' v.,1 ' e--:,"$( ' Sl11$, ' $2 ' UXOPE ' F*$ ' 11$B6 ' . ' ).+& ' *2.'

)$)

,$)&2#-,*))"62'8"#-6,").'($1'?*2(&'>,"$>&'.(&C-.2(&'$1'),"-$,"&'L-2")&')&?&'2J)1$&'
)$2-,.1'($'-&(.'1.'$cC1").)"62';'($'1.'&,>.2"3.)"62'($1'?.-$,".1<'41',$#*1-.(&'($'$#-.'
)1.#$'($'$#-*("&#'F*$'.8&,.'$?C$3.+.2'.'#$,':,$)*$2-$#'2&':*$'C,$)"#.?$2-$'$1'($'
.C*2-.1.,'1.'B"#"62'"($.1'($'N,$)".'$2')",)*1.)"62E'.'C$#.,'($'F*$'$2'.1>*2&#').#&#'
1.#'C,$?"#.#'"2")".1$#':*$,.2')&?C.,-"(.#'C&,'#*#'C,&-.>&2"#-.#E'#"2&'F*$'#",B"$,&2'
?H# ' +"$2 ' C.,. ' ", ' ($#-,*;$2(& ' C,&>,$#"B.?$2-$ ' #*# ' ?H# ' "2:*2(.(&# ' C,"2)"C"&# ' .1'
.($)*., ' ).(. ' B$3 ' ?H# ' 1. ' "?.>$2 ' ($ ' 1. ' )"B"1"3.)"62 ' >,"$>. ' . ' 1&# ' 8$)8&#'
(&)*?$2-.(&# ' ("#C&2"+1$#< ' 01 ' ?"#?& ' -"$?C&E ' ).(. ' B$3 ' #$ ' )&2&)K. ' ?$I&, ' 1.'
-&C&>,.:K. ' ; ' 1. ' *+").)"62 ' ($ ' 1&# ' C,"2)"C.1$# ' ?&2*?$2-&# ' ; ' ,$#-&# ' .,F*$&16>")&#'
>,"$>&#<'42'$#-$'-$,,$2&'($#-.).'1.'1.+&,'11$B.(.'.').+&'C&,'$1'?"1"-.,'"2>1L#'o"11".?'
D$.j$E ' F*$ ' B".I6 ' $c-$2#.?$2-$ ' C&, ' N,$)". ' .C,&B$)8.2(& ' #* ' )&2(")"62 ' ($'
)&1.+&,.(&,'?"1"-.,'($'1.')&,-$'($'a&2#-.2-"2&C1.<'b&#$K.'*2'2&-.+1$')&2&)"?"$2-&'($'
1&#'>$6>,.:&#'.2-">*&#';'-*B&'.($?H#'1.'&C&,-*2"(.('",,$C$-"+1$'($'C&($,'$cC1&,.,'
.?C1".?$2-$ ' $1 ' C.K# ' B".I.2(& ' . ' C"$ ' & ' . ' ).+.11&E ' .2-$# ' ($ ' F*$ ' 1.# ' ?&($,2.#'
).,,$-$,.#E ' 1&# ' 2*$B&# ' $(":")"&# ' & ' 1&# ' )$2-,&# ' ($ ' C&+1.)"62 ' +&,,.,.2 ' ($1 ' ?.C.'
?*)8.#'($'#*#'.2-">*.#'8*$11.#E'F*$'-&(.BK.'$c"#-K.2'$2'#*'-"$?C&<'4#-.+1$)"6'1.'
1&).1"3.)"62 ' C,$)"#. ' ($ ' 2*?$,&#&# ' 1*>.,$# ' F*$ ' .C.,$)$2 ' ?$2)"&2.(&# ' $2 ' 1&#'
.*-&,$#')1H#")&#<'R*'$c-$2#K#"?.'&+,.'$2'("$3'B&1J?$2$#E'.C.,$.(.'$2-,$'UXOU';'
UX^`E ' )&2#-"-*;$ ' *2. ' >*K. ' ($ ' ,$:$,$2)". ' "2("#C$2#.+1$ ' C.,. ' 1. ' ,$)*C$,.)"62 ' ($1'
C."#.I$'.2-">*&E'.8&,.';.'",,$?$(".+1$?$2-$'C$,("(&'($':&,?.'($:"2"-"B.<
222D&# ' ,$#-&# ' ?&2*?$2-.1$#E ' 1.# ' $#)*1-*,.# ' ; ' -&(& ' -"C& ' ($ ' &+I$-&#'
$?C$3.,&2 ' -.?+"L2 ' . ' .:1*", ' )&2 ' .#"(*"(.( ' . ' 1&# ' >,.2($# ' ?*#$&# ' $*,&C$&#'
,$)"$2-$?$2-$'),$.(&#E')&?&'$1'S*#$&'\,"-H2")&'$2'UYVQ'&'1.'N1"C-&-$).'($'S*2")8'
$2 ' UXQP< ' D. ' ),$)"$2-$ ' ($+"1"(.( ' C&1K-"). '($1 '"?C$,"& ' &-&?.2&E ' F*$ ' #$ ' $2)&2-,.+.'
).(.'B$3'?H#'.'?$,)$('($'#*#'C,&-$)-&,$#'$c-,.2I$,&#')&?&'M,.2)".'&'52>1.-$,,.E'
:.)"1"-.+.'1.'$cC&1".)"62'($1'#*$1&'>,"$>&'C&,'C.,-$'($'.B$2-*,$,&#';')&1$))"&2"#-.#'#"2'
$#),JC*1&#E'>*".(&#'.($?H#'C&,'*2'$c.1-.(&'C.-,"&-"#?&'F*$'1$#'8.)K.')&2-$?C1.,'
#* '?"#"62 ' )&?& ' *2. ' )&2-,"+*)"62 ' ($#-.).(. ' . ' 1. ' >1&,". ' ($ '#* 'C.K# ' $2 '1. ' ).,,$,.'
$?C,$2("(. ' C&, ' $1 ' C,$#-">"& ' ($ ' C&#$$, ' 1.# ' ?$I&,$# ' .2-">l$(.($#< ' M*$ ' $2 ' $#-.#'
)",)*#-.2)".#')*.2(&'-*B&'1*>.,'$1':.?&#&'#.F*$&'($'1.'0),6C&1"#'$?C,$2("(&'C&,'
1&,( '41>"2 'F*$ ')&2(*)",K. ' 1&# ',$#-&#' $#)*1-6,")&# '($1 'b.,-$262 '8.#-. '#* '*+").)"62'
.)-*.1'$2'$1'S*#$&'\,"-H2")&<'R$'8.+16'"2)1*#&'($'1.'C&#"+"1"(.('($'($#?&2-.,'$1'
4,$)-$&2'C"$3.'.'C"$3.'C.,.',$)&2#-,*",1&'($#C*L#'$2'52>1.-$,,.<'h.;'F*$',$)&,(.,E'
#"2'$?+.,>&'F*$'1.'.C,$)".)"62'($'1&#':.?&#&#'?H,?&1$#'8*+&'($'$#C$,.,'-&(.BK.'
*2'-"$?C&'C.,.'F*$')&2#">*"$,.2'#&+,$C.#.,'1.#'+.,,$,.#'($'1&#'C,$I*")"&#'$#-L-")&#'
)&2#-,*"(&# 'C&, ' o"2)j$1?.22 ' ; '#*# '#$>*"(&,$#E ' )*;.' :.1#. ' "($. ' ($ ' 1. ' C$,:$))"62'
)8&).+. ' :,&2-.1?$2-$ ' )&2 ' 1. ' $#)*$-. ' 2.-*,.1"(.( '($ ' 1.# ' $#)*1-*,.# ' ($ ' M"(".#< ' !$'
)*.1F*"$, ' :&,?. ' #* ' $cC&#")"62 ' ($:"2"-"B. ' $2 ' D&2(,$# ' ,$B&1*)"&26 ' . ' 1. ' 1.,>. ' $1'
)&2&)"?"$2-&'($1'.,-$'>,"$>&E')&?&'+"$2'8.2'#$%.1.(&'1&#'g-"$22$<
01'($#)*+,"?"$2-&'($'1&#'?H,?&1$#'($1'b.,-$262'#">*"$,&2'1&#'($'1&#'-$?C1&#'
($'0:.".'$2'4>"2.'$2'UXUU';'($'0C&1&'$2'\.##.$E'$2'C1$2&')&,.362'($1'b$1&C&2$#&E'
.1'.%&'#">*"$2-$'C&,'&+,.'($1'.,F*"-$)-&'.1$?H2'h.11$,'B&2'h.11$,#-$"2';'($1'+.,62'
e--&'B&2'R-.)j$1+$,>')&?&':">*,.#'?H#',$1$B.2-$#'($'*2.')"$,-.')&2I*2)"62'-$?C&,.1'
($'$#-*("&#&#';'.?.2-$#'($'1.'N,$)".'.2-">*.'F*$'2&'C*(&'$#).C.,'#"2'$?+.,>&'.'
1&# ' "2-$,$#$# ' C&1K-")&# ' ; ' ?$,).2-"1"#-.# ' F*$ ' C,"?.+.2 ' $2 ' $#&# ' ?&?$2-&# ' $2 ' $1'
?$,).(&'($'.2-">l$(.($#<']"'#"F*"$,.'1.#'$#)*1-*,.#'($'4>"2.'11$>.,&2'"2-.)-.#'.'#*'
($#-"2&E';.'F*$'#*:,"$,&2'C&,'$1').?"2&'1.#'?H#'F*$')*$#-"&2.+1$#',$)&2#-,*))"&2$#'
($1'$#)*1-&,'(.2L#'T8&,B.1(#$2E'F*$')&?C1$-6'#">*"$2(&'1&#'>*#-&#'($'1.'LC&).'1&#'

)$!

?.1-,$)8&# ' &,">"2.1$#< ' R"2 ' $?+.,>&E ' 1. ' )&2-,"+*)"62 ' ($ ' 1&# ' ("+*I&# ' ; ' +&)$-&#'
,$.1"3.(&# ' C&, ' .1>*2&# ' ($ ' 1&# ' ?"$?+,&# ' ($ ' (")8. ' .#&)".)"62E ' )&2&)"(. ' )&?&'
d$2$"&2E ' $2 ' 1&# ' F*$ ' #$ ' ,$:1$I.+.2 ' )&2 ' C,$)"#"62 ' ; ' ?"2*)"&#"(.( ' ).#" ' -&(&# ' 1&#'
($-.11$#',$1$B.2-$#'($#($'*2'C*2-&'($'B"#-.'.,F*"-$)-62")&E',$#*1-6'($-$,?"2.2-$'$2'
2*$#-,&')&2&)"?"$2-&'($'1.#'.2-">l$(.($#'>,"$>.#E')&?&'1&#').C"-$1$#'($1'-$?C1&'($'
\.##.$E'8&;'(K.'($#.C.,$)"(&#E'&+,.'($1')"-.(&'h.11$,'B&2'h.11$,#-$"2<
D.'($:"2"-"B.'1"+$,.)"62'($'N,$)".'($1'(&?"2"&'-*,)&'$2'UXOZ'-*B&'-.?+"L2'#*#'
$:$)-&#'$2'$#-$'-$,,$2&')&2'1.')&2#">*"$2-$',$&,>.2"3.)"62'($1'C.K#';'($'#*'C,&C"&'
#$,B")"& ' ($ ' .2-">l$(.($# ' F*$ ' )*1?"26 ' $2 ' 1. ' ),$.)"62 ' ($ ' 1. ' C,"?$,. ' ,$B"#-.'
.,F*$&16>").'>,"$>.';'$2'1.':*2(.)"62'($'1.'R&)"$(.('0,F*$&16>").'>,"$>.'$2'UXQYE'
(&#'"2#-"-*)"&2$#'F*$'8.2'?.,).(&'($#($'$2-&2)$#'1.'"2B$#-">.)"62'#&+,$'1.'N,$)".'
.2-">*.<'D&#'>,.2($#'($#)*+,"?"$2-&#'$#-.+.2'-&(.BK.'C&,'11$>.,E'C$,&'C&)&'.'C&)&'
1.'C,$#$2)".'$c-,.2I$,.'$2'#*$1&'>,"$>&E'.8&,.'#&?$-"(.'.'?.;&,$#')&2-,&1$#'$2'1.'
$cC&,-.)"62'($'C"$3.#'.2-">*.#E'$2':&,?.'($'$cC$(")"&2$#'.,F*$&16>").#'&'?$(".2-$'
1.'$#-.2)".'$2'1.#':*-*,.#'$#)*$1.#'($'.,F*$&1&>K.E')&?$23.+.'.'(.,'#*#':,*-&#'$2'
-&(&# ' 1&# ' -$,,$2&#< ' a.2-$,.# ' )&?& ' 1.# ' ($ ' !$1:&# ' * ' e1"?C". ' C,&C&,)"&2.,&2'
"?C&,-.2-$#'?.-$,".1$#'.1'-"$?C&'F*$',$B$1.+.2'F*$'1.#'("#C*-.#'"2-$,2.)"&2.1$#'C&,'
$1'(&?"2"&'($'$#-&#'1*>.,$#';'$1'C,$#-">"&')&2#">*"$2-$'F*$'"?C1").+.2'$#-.+.2'1$I&#'
($'8.+$,')&2)1*"(&E'.#K')&?&'1&#'C,&+1$?.#')&2'1.'C&+1.)"62'1&).1E'F*$'#$'?&#-,.+.'
-&(.BK. ' ,$)$1&#. ' ($ ' 1.# ' "2-$2)"&2$# ' $c-,.2I$,.# ' #&+,$ ' #* ' C,&C"& ' -$,,"-&,"&< ' D.#'
$c).B.)"&2$# ' #$ ' ?*1-"C1").,&2 ' C&, ' -&(. ' N,$)".E ' *2 ' C.K# ' ).(. ' B$3 ' ?H# ' $c-$2#&'
>,.)".# '.' 1.# ')&2)$#"&2$# '"2-$,2.)"&2.1$# '#&+,$ '$1'"?C$,"& '&-&?.2&E ';'#$' .?C1"6'
)&2#"($,.+1$?$2-$'$1'$#C$)-,&'($'LC&).#';'1*>.,$#E'8.)"$2(&'.#K'#*'.C.,")"62'&-,&#'
C$,K&(&#')&?&'$1'?")L2")&E'$1'.,).")&'&'$1'8$1$2K#-")&E'&'$#C.)"&#'8.#-.'$2-&2)$#'
($#)*"(.(&# ' C&, ' 2& ' :">*,., ' $2 ' 1. ' 1"#-. ' C,"B"1$>".(. ' ($ ' 1&# ' .*-&,$# ' .2-">*&# ' F*$'
($#-.).+.2'#&+,$'-&(&'1&#'>,.2($#'#.2-*.,"&#<
a.#"'$2'C.,.1$1&'.1'.B.2)$'($'2*$#-,&#')&2&)"?"$2-&#'#&+,$'$1'C."#.I$';'1.#'
.2-">l$(.($#'>,"$>.#'#$'C,&(*I&'-.?+"L2'*2'),$)"$2-$'.)$,).?"$2-&'.'1&#'>,"$>&#'
.)-*.1$#E'F*$'8.+K.2'C$,?.2$)"(&'8.#-.'$2-&2)$#'?.,>"2.(&#';'8.#-.'$cC*1#.(&#E'
?$-.:6,").?$2-$'.1'?$2&#E'($'*2'?.,)&'"($.1'C.,.'$1'F*$'2&'C.,$)K.2'(.,'1.'-.11.<'D.'
"2?$2#.'?.;&,K.'($'1&#'B".I$,&#'&))"($2-.1$#'F*$'B"#"-.,&2'N,$)".'.'1&'1.,>&'($'1&#'
#">1&#'di55E'di555';'C.,-$'($1'd5d'($?&#-,.,&2'*2'*2H2"?$'($#C,$)"&'C&,'1.'C&+1.)"62'
1&).1E'F*$'#*?"(.'$2'*2'$#-.(&'($'+.,+.,"$'C&,'1&#'#">1&#'($'&C,$#"62'-*,).'8.+K.'
.).+.(&')&2B",-"L2(&#$'$2'*2'8.-.I&'($'+.2("(&#'#"2'2"2>J2'"2(")"&'$2'#*':.B&,'F*$'
,$)&,(.,.'.'1&#'>1&,"&#&#'.2-$C.#.(&#'F*$'1$#'8.+K.2'C,$)$("(&'#&+,$'$#-$'-$,,"-&,"&<'
R$'C,&(*)K.'*2'+,*#)&';'-,.*?H-")&')&2-,.#-$'$2-,$'$1'?*2(&'>,"$>&'"($.1E'F*$'1&#'
B".I$,&# ' 8.+K.2 ' $#-*(".(& ' ; ' B$2$,.(& ' $2 ' 1.# ' *2"B$,#"(.($# ' ; ' .).($?".# ' ($'
e))"($2-$E';'1.'),*(.',$.1"(.('($'1.'B"(.'>,"$>.'?&($,2.'F*$'#$'$2)&2-,.+.2'.'#*'
11$>.(.'.1'C.K#E'?*;'1$I&#'($'$2).I.,'$2'-.2'$1$B.(&#'C.,H?$-,&#<'D&#',$1.-&#'($'1&#'
B".I$,&# ' )&2)$2-,.+.2 ' -&(. ' #* ' .-$2)"62 ' $2 ' 1.# ' .2-">l$(.($# ' ; ' ?&2*?$2-&#E'
C.#.2(&')&?C1$-.?$2-$'C&,'.1-&'.'#*#'?&($,2&#'8.+"-.2-$#<'h.+1.+.2'*2.'1$2>*.'
F*$',$#*1-.+. ').#" '"2"2-$1">"+1$ '.1 '2& '.($)*.,#$'($1 '-&(& '.1 '>,"$>& '($'1&#'.*-&,$#'
)1H#")&#E ' C,&2*2)".+.2 ' 1&# ' 2&?+,$# ' ($ ' #*# ' )"*(.($# ' ?H# ' "1*#-,$# ' ($ ' :&,?. ' +"$2'
("#-"2-. ' ($ ' 1. ' F*$ ' :">*,.+. ' $2 ' 1. ' -,.(")"62 ' )1H#").E ' C,.)-").+.2 ' *2. ' ,$1">"62 ' F*$'
,$?&2-.+. ' .1 ' C$,K&(& ' +"3.2-"2&E ' )&2#"($,.(& ' $2-&2)$# ' *2. ' LC&). ' C1$2.?$2-$'
($).($2-$E'#$')&?C&,-.+.2')&?&'?$2-",&#&#';'1.(,&2$#';'#*'8">"$2$'($I.+.'?*)8&'
F*$'($#$.,'"2)1*#&'C.,.'1&#'?H#'F*$'?&($#-&#'C.,H?$-,&#'$*,&C$&#'($'1.'LC&).<

)$"

\;,&2':*$'F*"3H'$1'C,"?$,&'$2'($?.2(.,'1.'.-$2)"62'F*$'?$,$)K.2'1&#'>,"$>&#'
($'#*'-"$?C&'.:",?.2(&'F*$'N,$)".'2&'$,.'#61&'*2.'-"$,,.'($'C"$(,.#';'8*$#&#E'#"2&'
$1 ' 1*>., ' (&2($ ' 8.+"-.+.2 ' *2.# ' >$2-$# ' F*$ ' $,.2 ' (">2.# ' ($ ' *2 ' ?$I&, ' "2-$2-& ' ($'
)&?C,$2#"62 ' 8.)". ' #* ' :&,?. ' ($ ' B"(.< ' R* ' .C.#"&2.(. ' $2-,$>. ' . ' 1. ' ).*#. ' ($ ' 1.'
1"+$,.)"62'>,"$>.E'F*$'1$'11$B6'8.#-.'1.'?*$,-$'$2'S"#&1&2>8"E')&2#-"-*;$'*2.'+*$2.'
?*$#-,.'($'1.'"?C1").)"62'B"-.1'($1'C&$-.')&2'$1'C.K#',$.1<'D.'C&#"-"B.'.)-"-*('($'\;,&2'
8.)".'1&#'>,"$>&#'?&($,2&#'C,&B&)6')"$,-&#').?+"&#'$2'1.'?$2-.1"(.('($'1.'LC&).E'
8.#-.'$1'C*2-&'($'($#.-.,'*2.'>,.2')&,,"$2-$'($'#"?C.-K.';'#&1"(.,"(.(')&2'1.').*#.'
($'1.'1"+$,.)"62'>,"$>.'$2'-&(&'e))"($2-$<'D.')&,,"$2-$'($'C$2#.?"$2-&':"1&8$1L2").'
)&2-,"+*;6'.#K'.'(&-.,'.'1.',$B&1*)"62'($'1&#'p+.2("(&#q'($1'>,.(&'($'(">2"(.('$'
"($.1"#?&'F*$'-&(.').*#.'2$)$#"-.+.'C.,.'.(F*",",'*2.',$#&2.2)".'LC").'($2-,&'($'1.'
&C"2"62'CJ+1").'"2-$,2.)"&2.1E'#*C$,.2(&'1.#'16>").#'+.,,$,.#'($'*2')&2:1")-&'1&).1<'D.'
,$:$,$2)".'.1'>1&,"&#&'C.#.(&')&2'-&(.'#*').,>.'$?&)"&2.1'($'.C$1.)"62'.1'8$,&K#?&'
;'.'1.'1*)8.'C&,'1.'1"+$,-.(':*$'$1'-$?.',$)*,,$2-$'($1')&2:1")-&'($#($'$1'C*2-&'($'B"#-.'
"($&16>")& ' ; ' C,&C.>.2(K#-")&< ' R$ ' $#C$,.+. ' $1 ' ,$#*,>"?"$2-& ' ($1 ' ).,H)-$, ' &,">"2.1'
>,"$>&E'F*$'8.+K.'F*$(.(&'8.#-.'$2-&2)$#'#&?$-"(&'C&,'1.'),*$1(.(';'$1'($#C&-"#?&'
-*,)&#<
D.'&1$.(.'($'#"?C.-K.'C&,'1.').*#.'>,"$>.'#$'$c-$2("6'C&,'-&(.#'C.,-$#'($'
4*,&C.';'11$>6'8.#-.'1&#'4#-.(&#'f2"(&#E'F*$'11$>.,&2'.'$2B".,'#$"#'2.B$#'($'.;*(.<'
42'M,.2)". '1&#')*.(,&# '($'!$1.),&"c'#&+,$'-$?.#'>,"$>&#':*$,&2'$c8"+"(&#')&?&'
:&,?.'($',$).*(.,':&2(&#'C.,.'1.').*#.';'.*-&,$#')&?&'a8.-$.*+,".2('$#),"+"$,&2'
C.2:1$-&#'$?&-"B&#'C.,.'.C&;.,1.<'R$')&2&)$2'1&#'2&?+,$#'($')$,).'($'*2'?"11.,'($'
B&1*2-.,"&# ' F*$ ' .)*("$,&2 ' . ' 1*)8., ' $2 ' C,& ' ($ ' 1. ' 1"+$,-.( ' >,"$>. ' ($#($ ' (":$,$2-$#'
2.)"&2$#E ' ($ ' 1&# ' F*$ ' ).#" ' *2. ' -$,)$,. ' C.,-$ ' ($I.,&2 ' #* ' B"(. ' $2 ' $1 ' "2-$2-&< ' R"2'
$?+.,>&E ' 1.# ' .-,&)"(.($# ' )&?$-"(.# ' C&, ' 1&# ' C,&C"&# ' >,"$>&#E ' F*$ ' $?*1.+.2 ' ; ' .'
B$)$# ' 8.#-. ' #*C$,.+.2 ' 1.# ' ($ ' #*# ' .(B$,#.,"&# ' -*,)&#E ' $2-"+"6 ' )&2#"($,.+1$?$2-$'
?*)8&#'($'1&#'$2-*#".#?&#'"2")".1$#<'!$')*.1F*"$,':&,?.'$1'"2$#C$,.(&'Lc"-&'($'1&#'
>,"$>&# ' ,$)&2(*I& ' 1.# ' "2")".1$# ' #*#C").)".# ' ($ ' 1.# ' C&-$2)".# ' &))"($2-.1$#E ' F*$'
&C-.,&2 ' .2-$ ' $1 ' ?.2":"$#-& ' :,.).#& ' ($ ' 1.# ' &C$,.)"&2$# ' ($ ' ,$C,$#"62 ' -*,).#E ' C&,'
$I$,)$,'$1')&2-,&1'(",$)-&'($1':*-*,&'$#-.(&'>,"$>&'"?C&2"$2(&'*2.'?&2.,F*K.'.')*;.'
).+$3.':">*,.+.'$1'C,K2)"C$'e-62'($'\.B"$,.<'D&#'-$?&,$#'&))"($2-.1$#'.)$,).'($'1.'
"2).C.)"(.( '>,"$>. '($ '?.2$I., '#*# 'C,&C"&# '.#*2-&# 'F*$(.,&2 '.#K '($:"2"-"B.?$2-$'
)&2:",?.(&#E ' C&2"$2(& ' $2 ' $2-,$(")8& ' 1.# ' $cC$)-.-"B.# ' ?H# ' &C-"?"#-.# ' ($ ' 1&#'
,$)"$2-$# ' :"1&8$1$2&# ' F*$ ' #$ ' 8.+K.2 ' $?C$%.(& ' $2 ' $#-.+1$)$, ' *2. ' )"$,-.'
$F*"C.,.)"62E ' #"$?C,$ ' )&2 ' 1"?"-.)"&2$# ' ; ' ).*-$1.# ' ,$#-,")-"B.#E ' $2-,$ ' 1&# ' .)-*.1$#'
>,"$>&# ' ; ' #*# ' "1*#-,$# ' C,$($)$#&,$#< ' 41 ' ,$#*,>"?"$2-& ' .($?H# ' ($ ' 1. ' ($2&?"2.(.'
pN,.2'"($.qE')&2#"#-$2-$ '$2'1.',$)*C$,.)"62'($1'>,.2'"?C$,"&'>,"$>& '($'1.'LC&).'
+"3.2-"2.E')8&).+.')&2'1&#'"2-$,$#$#'>$&$#-,.-L>")&#'($'1.#'C&-$2)".#'&))"($2-.1$#E'
-$?$,&#.#'($'F*$'$1'"2-$2-&':,*#-,.,.'($'2*$B&'#*#'-$2-.-"B.#'($'C,&C&,)"&2.,'*2.'
C,$).,".'$#-.+"1"(.( '. '1.'3&2.<'4,.'C,$:$,"+1$E '($#($ '$1 'C*2-&'($'B"#-.'&))"($2-.1E'
C,&?&)"&2.,'1.'B*$1-.'.'1&#'B"$I&#'"($.1$#'8$1L2")&#'($1'?H#'1$I.2&'C.#.(&E'?*)8&'
?$2&# ' )&2:1")-"B&# ' C&1K-").?$2-$E ' F*$ ' ($I., ' F*$ ' 1. ' 2*$B. ' 2.)"62 ' ,$)*C$,.,. ' #*#'
,.K)$#'+"3.2-"2.#E'?*)8&'?H#'C,&+1$?H-").#'$2'$#-$'-$,,$2&<'D.'2*$B.'2.)"62'$2'
)"$,2$#':*$'.#K')&2#-,*"(.'#">*"$2(&'$1'?&($1&',$:$,$2)".1E'.,-":")".1'$'"($.1"3.(&E'($'
1.'02-">l$(.('?H#',$?&-.<'D&#'>,"$>&#'#$'$2)&2-,.,&2'($'$#-.':&,?.')&2:*2("(&#';'
("B"("(&#'$2-,$'#*#'C,&C".#',.K)$#'-,.(")"&2.1$#E'F*$'.C*2-.+.2'"2($:$)-"+1$?$2-$'.'
\"3.2)"&E ' ; ' 1.# ' 2*$B.# ' $cC$)-.-"B.# ' &))"($2-.1$# ' C,$8$1L2").#< ' D. ' $1$))"62 ' ($'
0-$2.#E'*2.')"*(.('($'.C$2.#'OP<PPP'8.+"-.2-$#';'$2'*2'$#-.(&'1.?$2-.+1$'.').*#.'

)$#

($'1.'>*$,,.E')&?&').C"-.1'($1'2*$B&'$#-.(&E'.'C$#.,'($'F*$'1.',$B&1*)"62'8.+K.'
C.,-"(&'($1'b$1&C&2$#&';'8.+K.'-$2"(&'.11K'#*#'C,"2)"C.1$#')$2-,&#E'"1*#-,.')1.,.?$2-$'
$1 ' -,"*2:& ' :"2.1 ' ($ ' 1&# ' ($#$&# ' &))"($2-.1$#< ' D&# ' C,&C"&# ' >,"$>&#E ' *2 ' C*$+1&'
$#$2)".1?$2-$'C,.>?H-")&'C,$#-&'.'.C,$2($,'($C,"#.'-&(&'.F*$11&'F*$'1$',$#*1-.+.'
2$)$#.,"&'C.,.'#&+,$B"B",';'C,&#C$,.,E'.#*?"$,&2'1.'2*$B.'"($2-"(.('8$1L2").'F*$'1$#'
B$2K.'"?C*$#-.'($#($'$1'$c-$,"&,')&?&'1.'?$I&,';'?H#'C,H)-").':&,?.'($'.(.C-.,#$'.'
1.# ' 2*$B.# ' )",)*2#-.2)".#< ' 41 ' ,$#*1-.(& ' :"2.1 ' 8. ' #"(& ' +$2$:")"&#& ' #" ' -$2$?&# ' $2'
)*$2-.'F*$'1.'"2(*#-,".'-*,K#-").')&2#-"-*;$'8&;'$2'(K.'$1'$I$')$2-,.1'($'1.'$)&2&?K.'
>,"$>.< ' R$ ' 8. ' C,&(*)"(& ' .#KE ' )&?& ' 8. ' #$%.1.(& ' 4*>$2$ ' \&,3.E ' *2. ' ,$1.)"62 ' ($'
).,H)-$,'#"?+"6-")&'$2-,$'1.'-"$,,.'.'1.'F*$'#$')&2#"($,.'$1'&,">$2'($'1.')"B"1"3.)"62'
&))"($2-.1';'1.#'>$2-$#'F*$'.)*($2'.'$11.')&?&'C$,$>,"2&#'.',$2(",'$1'8&?$2.I$'
&+1">.(& ' 8.)". ' 1& ' F*$ ' ),$$2 ' F*$ ' $# ' #* ' ?H# ' B.1"&#& ' 1$>.(&< ' R"2 ' $?+.,>&E ' 1.#'
)&2-,.("))"&2$#'($I.(.#'$2'$1').?"2&'($'$#-.',$)&2#-,*))"62'*2'-.2-&'.,-":")".1E'F*$'
&+1">.+. ' . ' 1&# ' >,"$>&# ' . ' ($I., ' ($ ' 1.(& ' #* ' 1$>.(& ' 2.)"&2.1 ' ?H# ' "2?$(".-&E ' $1'
+"3.2-"2&E'C.,.'.(&C-.,'&-,&'F*$'.*2F*$'2&'$,.'($1'-&(&'.I$2&'2&',$C,$#$2-.+.'1.'
)&2-"2*"(.(')&2'$1'C.#.(&'?H#'C,6c"?&E'#$'($I.2'#$2-",'-&(.BK.'$2'1.'B"(.'>,"$>.<'D.'
-$2#"62'$2-,$'1.'1$2>*.'C&C*1.,'=($?6-").@E'F*$'#$'8.')&2B$,-"(&'$2'$1'B$8K)*1&'($'1.'
1"-$,.-*,.'>,"$>.'?&($,2.E';'1.'pC*,":").(.q'=7"(-".)M'9/"@E'1.'"2)&?C.-"+"1"(.('$2-,$'
1.',.)"&2.1"(.(';'1.'B"&1$2)".'.C.#"&2.(.E'1.#')&#-*?+,$#')*1"2.,".#';':&1)16,").#'($'
)1.,& ' )&1&, ' &,"$2-.1 ' )&2#-"-*;$2 ' .1>*2&# ' $I$?C1&# ' ,$C,$#$2-.-"B&# ' ($ ' $#-.#'
)&2-,.("))"&2$#<'R$>*,.?$2-$'2.("$E'2"'#"F*"$,.'1&#'>,"$>&#E'8.2'C&("(&')&?C$-",';'
$?*1.,'*2&#'"($.1$#')*;&'1"#-62'8.+K.'#"(&'#"-*.(&'$2')"?.#'-.2'"2.))$#"+1$#'F*$'
#61& ' 1&# ' ("&#$#E ' $#.# ' ("B"2"(.($# ' C1H#-").# ' ; ' 2.-*,.1"#-.#E ' ,$B"B"(.# ' C&, ' .1>*2&#'
C&$-.#',&?H2-")&#E'#$'?&#-,.+.2').C.)$#'($'.1).23.,<

)$$

F,-8"'%C#G'$-5->)$#")'$-C#-B%'-/#%4B'

-&'6&+$%1&$%51'.*"'#)',"%#,*

41 ' C,$#-">"& ' ($1 ' >,"$>& ' )&?& ' 1$2>*. ' ($ ' )*1-*,. ' "2-$,2.)"&2.1 ' $2 ' -&(& ' $1'
S$("-$,,H2$&'.'C.,-",'($1'C$,K&(&'8$1$2K#-")&':*$'*2'8$)8&',$)&2&)"(&'C&,'1&#'C,&C"&#'
,&?.2&# ' )*.2(& ' #$ ' 8")"$,&2 ' (*$%&# ' ; ' #$%&,$# ' ($ ' -&(& ' $1 ' e,"$2-$ ' 8$1$2K#-")&E'
"2)1*"(.E')1.,&'$#-HE'1.'C,&C".'N,$)".<'M*$,&2'2*?$,&#&#'1&#'?"$?+,&#'($'1.'L1"-$'
(",">$2-$',&?.2.'F*$'.C,$2("$,&2'$1'>,"$>&';'1&'11$>.,&2'.'(&?"2.,')&2'1.':1*"($3'
2$)$#.,". ' )&?& ' C.,. ' #$, ' ).C.)$# ' ($ ' (",">", ' ("#)*,#&# ' $2 ' $#-. ' 1$2>*.< ' f2 ' "1*#-,$'
$I$?C1&'$#'$1')62#*1'M1.?"2"2&E';.'?$2)"&2.(&'$2').CK-*1&#'.2-$,"&,$#')&?&'.,-K:")$'
($'1.'C&1K-").',&?.2.'$2'N,$)".'(*,.2-$'1.'C,"?$,.':.#$'($'1.')&2F*"#-.'.')&?"$23&#'
($1'#">1&'55'.<a<'41'>*#-&'C&,'$1'>,"$>&'C$2$-,6'-.?+"L2'.':&2(&'$2'1&#'$#-.?$2-&#'
#*C$,"&,$#'($'1.'C,&C".'#&)"$(.(',&?.2.'"?C,$>2.2(&':.)$-.#'-.2'"?C&,-.2-$#')&?&'
$1'H?+"-&'($'1.#'$?&)"&2$#';'1&#'#$2-"?"$2-&#'?H#'C,&:*2(&#E'F*$'.1'C.,$)$,'#$'
8.)K.2'$2'>,"$>&<
41'C,&C"&'7*1"&'aL#.,E'#$>J2'$1'-$#-"?&2"&'($'R*$-&2"&'F*$'$#')&,,&+&,.(&'
-.?+"L2'C&,'$1'8"#-&,".(&,'!"62'a.#"&E'8.+,K.'C,&2*2)".(&'$2'>,"$>&'1.':.?&#.':,.#$'
(",">"(. ' 8.)". ' #* ' 8"I& ' .(&C-"B& ' \,*-& ' $2 ' $1 ' ?&?$2-& ' ($ ' #* ' .#$#"2.-& ' .1 ' B$, ' F*$'
:">*,.+.'$2-,$'1&#'8&?")"(.#<'D.')L1$+,$'$cC,$#"62'1.-"2.'(9#=9'=9)Q#A%&%#5%'2&':">*,.E'
($ ' 8$)8&E ' $2 ' 2"2>J2 ' -$c-& ' .2-">*& ' ; ' $# ' *2. ' -,.(*))"62 ' ($ ' 1&# ' >,.?H-")&# ' ($1'
A$2.)"?"$2-& ' F*$ ' :*$ ' 1*$>& ' ,$-&?.(. ' C&, ' $1 ' -.?+"L2 ' >,.?H-")& ' :,.2)L# ' ($1 ' #"(&'
di555'D8&?&2('$2'#*# 'E)#M%.%/#%&&9/(.%$9/#9.$%/#I'5")E'*2.'&+,.'F*$'>&36'$2'#*'
-"$?C&'($'>,.2'(":*#"62<'01>&'#"?"1.,'#*)$($')&2'1.'2&'?$2&#')L1$+,$'"&)"#%"*("#)/(#
F*$'aL#.,'C,&2*2)"6'.1'.-,.B$#.,'$1',K&'A*+")62E')*.2(&'#$'("#C&2K.'.'?.,)8.,')&2'
#*'$IL,)"-&')&2-,.'A&?.')&2-,.B"2"$2(&'1.#'("#C&#")"&2$#'($1'R$2.(&'$2'$#-$'#$2-"(&'
$'"2")".2(&'.#K'1&'F*$'#$,K.'*2.'.*-L2-").'>*$,,.')"B"1<'b.,$)$'F*$'1.':,.#$'(")8.'$2'
>,"$>&'-$2(,K.')&?&'-,.(*))"62'pF*$'$1'(.(&'8.;.'#"(&'-",.(&qE'?H#'.C,&c"?.(.'.'1.'
"($.'&,">"2.1',$1.-"B.'.'1.'#*$,-$'($).2-.(.'C&,'$1'"2")"&'($'*2'I*$>&<'!&#'?&?$2-&#'
($)"#"B&#'($'1.'B"(.'($'aL#.,'$2'1&#'F*$'1.'$?&)"62'#$'"?C&2K.'C&,'$2)"?.'($'-&(&'
$2)&2-,.,&2'$2'$1'>,"$>&'#*'?$I&,'?.2$,.'($'$cC,$#"62<

)$%

4#-$',$)*,#&'.1'>,"$>& 'C.,.'$cC,$#.,'#$2-"?"$2-&#';'$?&)"&2$#'C$,#&2.1$#'
)*.2(& ' 2& ' #$ ' $2)&2-,.+. ' $2 ' 1.-K2 ' 1. ' :&,?*1.)"62 ' ?H# ' .($)*.(. ' :*$ ' -.?+"L2'
).,.)-$,K#-")&'($'a")$,62'$2'#*')&,,$#C&2($2)".E'.'C$#.,'($'F*$'$2'$1',$#-&'($'#*'
&+,.'C*>2.#$')&2-"2*.?$2-$'C&,',$#-.+1$)$,'$1'$F*"1"+,"&'$2-,$'1.#'(&#'1$2>*.#';'#*#'
,$#C$)-"B.#')*1-*,.#')*.2(&'2&'#$'($).2-.+.'($#).,.(.?$2-$'C&,'1.'#*C,$?.)K.'($1'
1.-K2 ' )&?& ' *2. ' ($:$2#. ' .C.#"&2.(. ' .2-$ ' 1. ' #*+&,("2.)"62 ' . ' 1& ' >,"$>&< ' 4,. ' +"$2'
)&2&)"(&E'$2'$:$)-&E'$1')&?C1$I&'($'"2:$,"&,"(.('F*$'$cC$,"?$2-.+.2'$2'$#-$'-$,,$2&'
.1>*2&#'"2-$1$)-*.1$#'1.-"2&#')&?&'D*),$)"&E'F*$'#$'F*$I.+.'($'1.'p"2(">$2)".'($'
2*$#-,.'1$2>*.'C.-$,2.q')&?C.,.(.')&2'1&#'"22*?$,.+1$#')*,#&#'($1'>,"$>&<'i.1$,"&'
SHc"?&'C$(K.E'$2').?+"&E'"2#"#-$2-$?$2-$'B$,(.($,.#'?$("(.#'($'C,&-$))"62')&2-,.'
*2'+"1">l"#?&'F*$')&2)$(K.'.'#*#'&I&#'$c)$#"B.'"?C&,-.2)". '.1'>,"$>&<'D.'1$2>*.'
>,"$>.'$I$,)K.'*2.':.#)"2.)"62'"2(*(.+1$'#&+,$'?*)8&#',&?.2&#';'#$'.C,$2(K.'.'
-$?C,.2. ' $(.(E ' C$,& ' .1 ' ?"#?& ' -"$?C& ' "2#C",.+. ' *2. ' )"$,-. ' ($#)&2:".23. ' F*$'
)&2(*)K. ' . ' .1>*2&# ' C$,#&2.I$# ' &:")".1$# ' . ' )&2($2., ' #* ' *#& ' $, ' CJ+1")&< ' 0#K ' $1'
$?C$,.(&, ' T"+$,"&E ' F*$ ' 2& ' #61& ' 8.+K. ' .C,$2("(& ' $1 ' >,"$>& ' #"2& ' F*$ ' "2)1*#& ' 1&'
8.+1.+. ' .1 ' C.,$)$, ' . ' 1. ' C$,:$))"62 ' ; ' $,. ' ).C.3 ' ($ ' )&?C&2$, ' C&$?.# ' $2 ' (")8.'
1$2>*.E ' ,$)8.3.+. ' .+"$,-.?$2-$ ' 1. ' C&#"+"1"(.( ' ($ ' *-"1"3.,1. ' $2 ' #*# ' .1&)*)"&2$# ' .1'
R$2.(&<'01>&'#"?"1.,'#*)$("6')&2'$1'$?C$,.(&,'a1.*("&E'F*"$2'.'C$#.,'($'1.'$#C$)".1'
C,$("1$))"62'F*$'#$2-K.'C&,'$1'>,"$>&E'11$>.2(&'"2)1*#&'.'$#),"+",'(&#'&+,.#'8"#-6,").#'
$2'$#-.'1$2>*.E'($#C&#$;6'($'1.')"*(.(.2K.',&?.2.'.'*2'"2("B"(*&'C,&)$($2-$'($'
e,"$2-$'C&,'#*'"2).C.)"(.('($'8.+1.,'1.-K2'$2'A&?.<'!$'8$)8&'$1'.(I$-"B& '$%&%2B9%/#
C&#$K.'*2.')1.,.')&22&-.)"62'($').,H)-$,'C$;&,.-"B&'$2'1*>.,'($'#$,'*2'$1&>"&'#&+,$'
1.').C.)"(.('1"2>lK#-").E';.'F*$')&2'L1'#$'8.)K.',$:$,$2)".'.'1.'(*C1")"(.(E'.1>&'F*$'
)8&).+.':,&2-.1?$2-$')&2'1.'$c">$2)".',&?.2.'($',$)-"-*(<'R"2'$?+.,>&E'.'C$#.,'($'
1.#'C,$B$2)"&2$#';'1&#'C,$I*")"&#E'-&(.BK.'$2'C1$2.'LC&).'"?C$,".1'1&#'("#)*,#&#'($'
M.B&,"2&E ' *2 ' &,.(&, ' 2.)"(& ' $2 ' 1. ' N.1". ' F*$ ' 8.+K. '.C,$2("(& ' >,"$>& ' $2 ' S.,#$11.E'
C,&B&).+.2'$2'A&?.'$2-*#".#?&'"2)1*#&'$2-,$'.F*$11&#'F*$'.*2F*$'2&'$2-$2(K.2'$1'
>,"$>&'$#)*)8.+.2'#*'?$1&("&#.'B&3'$?+$1$#.(&#E'#$>J2'2&#')*$2-.'M"16#-,.-&<
52)1*#&'$2-,$'1&#'I*(K&#E'F*$'#$'?&#-,.,&2'#"$?C,$'$c-,$?.(.?$2-$')$1&#&#'
($'#.1B.>*.,(.,'#*'#.+"(*,K.';'#*#')&#-*?+,$#'($')*.1F*"$,'-"C&'($'"2-$,:$,$2)".'&'
"2:1*$2)".'$c-,.2I$,.E'#$'C,&(*I$,&2'.1>*2&#').#&#'F*$',$B$1.2'1.':.#)"2.)"62'F*$'$1'
>,"$>&')&?&'1$2>*.'$I$,)"6'#&+,$'.1>J2'?"$?+,&#'($'1.#'L1"-$#'(",">$2-$#E'($2-,&'($'
*2.')&,,"$2-$'>$2$,.1'$2'1.'F*$'1.#').C.#'.1-.#'($'1.'#&)"$(.('I*(K.'B$K.2'$2'1.'
8$1$2"3.)K62'1.':&,?.'?H#'.($)*.(.'($'C,$#$,B.,'#*#'C,"B"1$>"&#'C&1K-")&#'($2-,&'($1'
"?C$,"&'#$1L*)"(.<'42'$1 '0"&59+E'-L,?"2&'F*$'.>1*-"2.'1.'1$;'&,.1'I*(K.'C*$#-.'C&,'
$#),"-&'$2'$1'#">1&'55'(<a<';'#*')&,,$#C&2("$2-$')&?$2-.,"&E'?$2)"&2.'1.'+$11$3.'($'1.'
1$2>*.'>,"$>.'$2')&2$c"62')&2'*2'C.#.I$'($1'NL2$#"#'F*$'8.)$',$:$,$2)".'.'1.',.K3'
($1 ' 2&?+,$ ' p7.C8$-qE ' .2-$)$#&, ' ($ ' 1&# ' >,"$>&#E ' F*$ ' $#-.+. ' )&?C*$#-. ' C&, ' -,$#'
)&2#&2.2-$# ' F*$ ' $2 ' 8$+,$& ' #">2":").+.2 ' p+$11$3.q ' & ' p8$,?&#*,.q< ' h*+&E ' #"2'
$?+.,>&E')&2'?*)8.'?.;&,'"2-$2#"(.('F*$'$2-,$'1&#',&?.2&#E'*2.':*$,-$'&C&#")"62'
.1'.C,$2("3.I$'($1'>,"$>&'F*$E'.1'($#$?+&).,'($':&,?.'",,$?$(".+1$'$2'1.'-$?"(.'
p#.+"(*,K.'>,"$>.qE'#">2":").+.'*2.'-,.")"62'.+"$,-.'($1'C*$+1&';'($1'("&#'($'5#,.$1<
D. ':.#)"2.)"62 '$I$,)"(.' C&, '1. '#&2&,"(.( '; '.,?&2K. '($' 1.' 1$2>*. '>,"$>. ' #$'
($I.+. ' #$2-", ' "2)1*#& ' $2-,$ ' #*# ' C,&C"&# ' 8.+1.2-$#E ' )&?& ' $1 ' $#-*("&#& ' +"3.2-"2&'
S">*$1'b#$1&E'F*"$2'.:",?.+.'F*$'(*,.2-$'1.'1$)-*,.'($'1&#'("#)*,#&#'($'N,$>&,"&'
].)".2)$2& '$,. ').*-"B.(& '($ '-.1' ?&(& 'C&, '#* '("))"62 'F*$'($I.+.' ($ 'C$2#.,' C&,'
)&?C1$-& ' $2 ' $1 ' #$2-"(& ' F*$ ' -$2K.2 ' 1.# ' C.1.+,.#< ' T.?+"L2 ' 1&# ' $#).#&# ' ?&2I$# ' ;'
$#-*("&#&# ' ?$("$B.1$# ' F*$ ' 11$>.,&2 ' . ' C&#$$, ' *2 ' )&2&)"?"$2-&E ' .*2F*$ ' :*$,.'

)$&

#&?$,&E'($'1.'1$2>*.'>,"$>.'#$')&2#"($,.+.2'*2&#'C,"B"1$>".(&#';'8.+1.+.2'($'$11.'
)&?& ' ($ ' *2 ' p2L)-., ' #.>,.(&qE ' $2B"(".(& ' ; ' ($#$.(& ' C&, ' 1&# ' &-,&#E ' F*$ ' ($+K.2'
1"?"-.,#$'.'11&,.,'C&,'-.2'($#(")8.(.';'1.?$2-.+1$'">2&,.2)".<'g#-$':*$'$1').#&'($'
b$-,.,).E'F*$'.'C$#.,'($'#*#'"2-$2-&#'C&,'.C,$2($,'>,"$>&'2&'11$>6'2*2).'.'(&?"2.,'
1&'#*:")"$2-$'(")8.'1$2>*.')&?&'C.,.'C&($,'1$$,'#*#'-$c-&#E'$2'C.,-")*1.,'.'h&?$,&E'
)*;.#'C.1.+,.#'&,">"2.1$#'$2'>,"$>&'($#$.+.'-.2'B"B.?$2-$'#$2-",'F*$'$#),"+"6'.'*2'
1$>.(&'($'\"3.2)"&'$2'1.')&,-$'C.C.1'F*$'1$'8.+K.',$>.1.(&'*2')6(")$'($'1. 'C&F"+"/'
pG'5).9/#(99/#"69+#5)#59(9/#\LLL]#=9"5#*96%+)#()#"9+%.)5q'=-*'h&?$,&'$#-H'?*(&'
.'?"'1.(&'}<<<'~')6?&'($#$.,K.'C&($,'$#)*)8.,-$@<'D.',$)*C$,.)"62'($1'>,"$>&')&?&'
1$2>*.'.'1&'1.,>&'($1'A$2.)"?"$2-&';'#*'),$)"$2-$'(":*#"62'$2-,$'1&#'8*?.2"#-.#';'
$#-*("&#&# ' $*,&C$&# ' )&2(*I$,&2 ' $2 ' .1>*2&# ' ).#&# ' . ' #* ' #.),.1"3.)"62 ' )&?&'
"2#-,*?$2-& ' ($ ' )&?*2").)"62 ' ; ' $cC,$#"62 ' F*$ ' 8.+K. ' .1).23.(& ' 1. ' C$,:$))"62< ' 41'
C&$-. ' :,.2)L# ' 7&.)8"? ' (* ' \$11.; ' #$ ' 1.?$2-.+. ' .#K ' ($ ' F*$ ' #* ' 1$2>*. ' 2.-"B.E ' $1'
:,.2)L#E'2&':*$,.'-.2',").')&?&'$1'>,"$>&';'$1'"?C,$#&,'h$2,"'4#-"$22$'1&')&2#"($,.+.'
1.',$"2.'($'-&(.#'1.#'1$2>*.#<'4,.#?&'($)1.,6'F*$'$1'>,"$>&'$,.'2$)$#.,"&E';.'F*$'
-&(&')&2&)"?"$2-&'($+K.'#$,'+*#).(&'$2-,$'1&#'.*-&,$#'>,"$>&#E';'S$1.2)8-8&2E'F*$'
8.+K.'#"(&'2&?+,.(&'C,&:$#&,'($'>,"$>&'$2'1.'2*$B.'f2"B$,#"(.('($'o"--$?+$,>E'
.:",?.+.'F*$'$1'>,"$>&'$,.'-.2'2$)$#.,"&'C.,.'1.'B"(.')&?&'$1'?"#?K#"?&'.",$'&'$1'
:*$>&E'C*$#-&'F*$'$,.'1.':*$2-$'2&'#61&'($'1.'#.>,.(.'(&)-,"2.'#"2&'($1',$#-&'($'1.#'
.,-$#<'41'?&2.,).'"2>1L#'42,"F*$'i555'"2-$2-6'.C,$2($,'>,"$>&';'#",'T8&?.#'41;&-E'*2&'
($'1&#'?"$?+,&#'($'1.')&,-$'F*$':&,?.+.'-.?+"L2'C.,-$'($1')K,)*1&'($'T&?H#'S&,&E'
.)&2#$I.+.'.'1&#'C.(,$#'F*$'$2#$%.,.2'>,"$>&'.'#*#'8"I&#'.'1.'$(.('($'#"$-$'.%&#E'
;.'F*$'2&'$c"#-K.'2"2>*2.'1$))"62')&?C.,.+1$'.'h&?$,&'C.,.'*2'?*)8.)8&'($'$#-.'
$(.(<
41 ' .-,.)-"B&' ($1 ' >,"$>&E ' I*2-& ' )&2 ' $1 ' $#-*("& ' ($ '-&(& ' .F*$11& ' F*$ ' "?C1").+.'
($#($ ' $1 ' C*2-& ' ($ ' B"#-. ' 1"-$,.,"& ' $ ' 8"#-6,")&E ' :*$ ' #*:")"$2-$ ' C.,. ' 8.)$, ' B",.,'
+,*#).?$2-$'1.'-$2($2)".'.1'$#).C"#?&'($1'F*$'#$,K.'1*$>&'$1'?H#'"1*#-,$'($'1&#'
8$1$2"#-.#':,.2)$#$#E'N*"11.*?$'\*(LE'F*$'.+,*?.(&'C&,'#*#'$#-*("&#'($'($,$)8&E'
8.)".'1&#'F*$'1$'8.+K.'.+&).(&'1.'($)"#"62'C.-$,2.E'+*#).+.'"2)$#.2-$?$2-$'2*$B.#'
("B$,#"&2$#'F*$'1$'("#-,.I$,.2'($'*2.'-.,$.'F*$'2&')&1?.+.'$2'?&(&'.1>*2&'#*#'
.#C",.)"&2$#';'($#$&#<'R*')&2-.)-&')&2'1&#'$#-*("&#'>,"$>&#'+.I&'1.'"2:1*$2)".'($1'
$#-*("&#&'+"3.2-"2&'7.2*#'D.#).2#E'F*$'8.+K.'11$>.(&'.'b.,K#'$2'U^Z^'($'1.'?.2&'
($1'?&2.,).'a.,1&#'i55E').?+"6',.(").1?$2-$'#*'-,.;$)-&,".'B"-.1';'#$')&2B",-"6'($#($'
$2-&2)$# ' $2 ' *2 ' $c-,.&,("2.,"& ' )&2&)$(&, ' ($1 ' >,"$>&E ' #&+,$ ' $1 ' F*$ ' C&#$K. ' *2.'
)&?C$-$2)". ' "2("#)*-"(.E ' ; ' $2 ' *2 ' $,*("-& ' ,$)&2&)"(& ' $2 ' -&(& ' 1& ' ,$1.-"B& ' . ' 1.'
02-">*$(.(')1H#").<
41 ' >,"$>& ' )&2-"2*6 ' C,&B&).2(& ' $2)$2("(&# ' $2-*#".#?& ' $2 ' F*"$2$# ' 1&'
($#)*+,K.2';'#$'$?C$%.+.2'$2'.C,$2($,1&E'.1'-"$?C&'F*$'$2)&2.(.#':,*#-,.)"&2$#'
$2'.F*$11&#'F*$':,.).#.+.2'$2'$1'"2-$2-&'&'(.+.2'C&,'C$,("(.E';. '($'$2-,.(.E'1.'
+.-.11.<'01>*2&#'($#)*+,"$,&2'$1'$2).2-&'($'1.'1$2>*.'>,"$>.'.'*2.'$(.('-$?C,.2.E'
)&?&'$1'$#-,.:.1.,"&'h$"2,")8'R)81"$?.22E'F*$',$2&B6'$1'$#-*("&'($'1.'C,$8"#-&,".'
>,"$>.')&2'$1'8.11.3>&'($'1.#',*"2.#'($'T,&;.';'S")$2.#'$2'$1'J1-"?&')*.,-&'($1'#">1&'
d5d< ' 01 ' C.,$)$,E ' #$>J2 ' ,$:"$,$ ' $1 ' C,&C"& ' R)81"$?.22E ' (*,.2-$ ' #* ' .(&1$#)$2)".'
$#)*)86 ' ,$)"-., ' C.#.I$# ' 8&?L,")&# ' . ' *2 ' C.#-&, ' +&,,.)8& ' $2 ' 1. ' ).2-"2. ' (&2($'
-,.+.I.+.';'F*$(6')&?C1$-.?$2-$':.#)"2.(&'C&,'#*'#&2&,"(.(';'.,?&2K.'.'C$#.,'($'
F*$'$,.'"2).C.3'($'$2-$2($,'*2.'#&1.'C.1.+,.E'11$>.2(&'"2)1*#&'.')&#-$.,'($'#*'?H#'
F*$',$(*)"(&'+&1#"11&'.1>*2&#'($'$#-&#'"?C,&B"#.(&#'p,$)"-.1$#q<'R*'C&#-$,"&,').,,$,.'
-,"*2:.1 ' $2 ' $1 ' ?*2(& ' ($ ' 1&# ' 2$>&)"&# ' 2& ' 1$ ' 8"3& ' &1B"(., ' $#-. ' :.#)"2.)"62 ' )*.2(&'

)$'

($)"("6'.C,$2($,'$1'>,"$>&'$2'J1-"?&'1*>.,'C.,.'2&'("#-,.$,'.#K'#*#'&+I$-"B&#'?H#'
C,.>?H-")&#';')&2#.>,.,1$'#61&'-&(.'#*'.-$2)"62'$2'$1'?&?$2-&'$2'F*$';.'("#C&2K.'
($'C1$2.'.*-&2&?K.':"2.2)"$,.<'e-,&#'($#)*+,"$,&2'$1'>,"$>&'.'*2.'$(.('?.(*,.E'
)&?&'$1'C&$-.'"-.1".2&'i"--&,"&'01:"$,"E'F*$')&?$236'.'$#-*(".,1&')*.2(&'-$2K.';.'VP'
.%&#E'&'$1'2&B$1"#-.',*#&'T&1#-&"E'F*$'1&'.C,$2("6'.'1&#'^O';E')*.2(&';.'$,.').C.3'($'
1$$,'-$c-&#'&,">"2.1$#E'$#),"+"6'.'*2'.?">&'F*$'p#"2'$1')&2&)"?"$2-&'($1'>,"$>&'2&'
$c"#-$'$(*).)"62qE'?&-"B&'F*$'1$'"?C*1#6'.'$2#$%H,#$1&':$,B"$2-$?$2-$'.'#*#'8"I&#<
e-,&#E'.*2F*$'$?C$3.,&2'#*'$#-*("&'.'-$?C,.2.'$(.(E'1&'.+.2(&2.,&2'C&,'
(":$,$2-$#')",)*#-.2)".#';'B&1B"$,&2'.'L1'$2'*2.'LC&).'C&#-$,"&,'($'#*#'B"(.#')&2'
,$2&B.(&# ' $2-*#".#?&#< ' 4#-$ ' :*$ ' $1 ' ).#& ' ($1 ' C&$-. ' "2>1L# ' A&+$,- '\,&[2"2>E 'F*$'
)&?$236'.'.C,$2($,'>,"$>&'.'1&#'&)8&'.%&#'>*".(&'C&,'#*'C.(,$E'F*"$2'($':&,?.'
.?$2.';')&?C,$2#"B.'1$'.;*(6'.'(.,'1&#'C,"?$,&#'C.#&#'$2'1.'?.-$,".E'C$,&')&?&'
-.2-&#'&-,&#'#*:,"6'($#C*L#'*2.'2$:.#-.'$2#$%.23.'$2'1.'*2"B$,#"(.('F*$'1$'.C.,-6'
($'1&#')1H#")&#'8.)".'-$?.#'?$("$B.1$#'8.#-.'F*$'($'2*$B&E'"2(*)"(&'$#-.'B$3'C&,'
#*'$#C&#.E'1.'-.?+"L2'C&$-"#.'41"#.+$-8'\.,,$--E'#$'$2)$2("6'($'2*$B&'#*'.:")"62'C&,'
$1 ' >,"$>& ' ; ' 2*2). ' ?H# ' B&1B"6 ' . ' C$,($,1.< '01>& ' #"?"1., ' 1$ ' #*)$("6 ' C&$-. ' :,.2)L#'
D$)&2-$ ' ($ ' D"#"$E ' F*"$2E ' .*2F*$ ' $,. ' ?$("&),$ ' $2 ' >,"$>&E ' #$ ' ($(")6 ' . ' L1 ' )&2'
"2-$2#"(.( ' ; ' 1$ ' )&2#.>,6 ' *2. ' >,.2 ' .,-$ ' ($ ' #* ' B"(.E ' 1& ' F*$ ' 1$ ' C$,?"-"6 ' C*+1").,'
-,.(*))"&2$#'($'1.'C&F"+"';'1.'K+%/)"'F*$'"2:1.?.,&2'.'1&#'1$)-&,$#'?H#'I6B$2$#'($'
#*'-"$?C&<'52#C",.(&'C,$)"#.?$2-$'C&,'1.'-,.(*))"62'($'D$)&2-$'($'D"#"$E'$1'C&$-.';'
2&B$1"#-.':,.2)L#'b"$,,$'D&*;#E'.*-&,'($'.1>*2.#'2&B$1.#'$,6-").#')L1$+,$#E'.*2F*$'
2&'8.+K.'.C,$2("(&'>,"$>&'$2'1.'$#)*$1.';'8.+K.')&2-$?C1.(&'($#($'1.'("#-.2)".';'
)&2')"$,-&'($#.>,.(&'1&#'C&$?.#'8&?L,")&#E')&?$236'.'.C,$2($,'$1'>,"$>&'$2'#$,"&'
.'1&#'UX'.%&#E'11$>.2(&'"2)1*#&'.'-,.(*)",'1&#'$C">,.?.#'($'S$1$.>,&';'1&#'("H1&>&#'
($'1.#')&,-$#.2.#'($'D*)".2&<'52)1*#&'C,$-$2("6'8.)$,'C.#.,'#*'&+,.'?H#')L1$+,$E'
.*2F*$ ' 2& ' 1. ' ?H# ' C&C*1.,E '!"/ # *"2*%'2)/ # +) # <%&%(%/E ' C&, ' 1. ' -,.(*))"62 ' ($ ' *2'
?.2*#),"-&'>,"$>&'&,">"2.1'F*$'8.+K.'$2)&2-,.(&'$2'*2.'-*?+.<'T.?+"L2'.'*2.'$(.('
#"?"1.,E'.'1&#'U`'.%&#E'$?C$36'.'$#-*(".,'>,"$>&'$1'2&B$1"#-.'"2>1L#'T8&?.#'h.,(;'
.C,&B$)8.2(&'1&#'$#).#&#',.-&#'1"+,$#'F*$'1$'($I.+.'#*'-,.+.I&')&?&'.;*(.2-$'($'
*2 ' .,F*"-$)-& ' $2-,$ ' V ' ; ' X ' ($ ' 1. ' -.,($< ' 42-,$ ' 1&# ' #&2.(&# ' :,.).#&# ' ).+$ ' #$%.1.,E'
.($?H#'($1';.'?$2)"&2.(&'($'b$-,.,).E'$1'($'R.2'0>*#-K2E'F*$'.(?"-$')&2'-&(.'
:,.2F*$3.'$2'#*#','2A)/%'2)/'#*'"2).C.)"(.('C.,.'.C,$2($,'>,"$>&E'&'$1'($1':"16#&:&'
7$.2'7.)F*$#'A&*##$.*E'F*$'"2-$2-6'.C,$2($,'>,"$>&'.'1&#'QY'.%&#'C$,&'8*+&'($'
,$2*2)".,'.'1.'$?C,$#.<'01>*2&#'$cC,$#.,&2'($':&,?.'?.2":"$#-.'(")8.':,*#-,.)"62E'
)&?&'$1'C&$-.',&?H2-")&'"2>1L#'7&82'v$.-#E'F*$').1":").+.'#*'"2).C.)"(.('C.,.'1$$,'
1.'1$2>*.'>,"$>.'($'p>">.2-$'">2&,.2)".q<
D.':.#)"2.)"62'C&,'1.'1$2>*.'>,"$>.'#$'B"&'.*C.(.'.($?.#'C&,'1.'),$$2)".'$2'
$1'C,"2)"C"&'($'F*$'.1>*2.#'1$2>*.#'?&#-,.+.2'*2.'?.;&,')$,).2K.'.'1.'2.-*,.1$3.';'
#$ ' )&2#"($,.+. ' F*$E ' ($2-,& ' ($ ' $11.#E ' $1 ' >,"$>& ' $c8"+K. ' *2. ' -,.2#C.,$2)". ' ;'
*2"B$,#.1"(.( ' #"2 ' C.,.1$1&< ' !")8& ' $2-*#".#?& ' C&, ' $1 ' >,"$>& ' .)-"B6E ' I*2-& ' )&2 ' 1&#'
"($.1$#'$#-L-")&#':&,I.(&#'C&,'o"2)j$?.22E'1.'&+#$#"62'>$,?.2.'C&,'1.'02-">l$(.('
>,"$>.'F*$'#$')&2#&1"(.,K.'"2#-"-*)"&2.1?$2-$'$2'$1':.?&#&'"($.1'$(*).-"B&'=\"1(*2>@'
"2)&,C&,.(&'$2'$1'#"#-$?.'($'$(*).)"62'.1$?.2'"($.(&'C&,'o"18$1?'B&2'h*?+&1(-<'
41'C.C$1'($)"#"B&'($'.'1$2>*.'>,"$>.'$2'$#-.',$2&B.)"62'$(*).-"B.':*$')&2#"($,.+1$'
#"'.-$2($?&#'.'1.'C,$$?"2$2)".'($'#*'$#-*("&'($2-,&'($1'B352"/%95';'.'1.'&1$.(.'
($'$#-*("&#':"1&16>")&#'$1.+&,.(&#'.'1&'1.,>&'($'-&(&'$1'#">1&'d5d';'$1'C,"?$,'-$,)"&'($1'
#">1&'dd'$2'1.#'*2"B$,#"(.($#';'.).($?".#'.1$?.2.#'"2#C",.(.#'C&,'$#-&#'"($.1$#<'41'
>,"$>& ' 2& ' $,. ' ;. ' )&2)$+"(& ' )&?& ' *2 ' ?$,& ' "2#-,*?$2-&E ' #"2& ' )&?& ' *2 ' :"2 ' $2 ' #K'

)$(

?"#?&E'-.1';')&?&'C,&)1.?.+.'2.(.'?$2&#'F*$'$1'>,.2':"16#&:&'h$>$1'$2'*2'("#)*,#&'
C,&2*2)".(&'$2'UXPZ')*.2(&'$,.'(",$)-&,'($'*2'1")$&'$2']*,$?+$,><'R$>J2'h$>$1E'1.'
B$,(.($,.',"F*$3.'($'1&#')1H#")&#E'$#'($)",E'#*'B.1&,';'#*'#$2-"?"$2-&'C.-,"6-")&E'.#K'
)&?&'$1'?&($1&'F*$'C,&C&,)"&2.+.2'#*#'.))"&2$#';'#*'$1$B.(.'$#-*,.'?&,.1E'#$'
8.11.+.'(",$)-.?$2-$')&,,$1.)"&2.(.')&2'#*'1$2>*.';'#$'C$,(K.'($'"2?$(".-&'$2'1.'
-.,$.'($'1.'-,.(*))"62<'b&,'$11&',$#*1-.+.'$#$2)".1'$1'$#-*("&'$2'C,&:*2("(.('($'1.'
1$2>*.'>,"$>.';'1.')&2#$)*)"62'($'*2.')&?C1$-.':.?"1".,"(.(')&2'$11.'F*$'C$,?"-"$,.'
("#:,*-., ' $2 ' $1 ' ?.;&, ' >,.(& ' C&#"+1$ ' #*# ' &+,.#E ' ).C-.2(& ' -&(&# ' #*# ' .#C$)-&# ' ;'
)*.1"(.($# ' "2-,K2#$).#< ' f2. ' (&)-,"2. ' F*$E ' )&2 ' .1>*2&# ' ).?+"&# ' ; ' ?.-"3.)"&2$#E'
)&2#-"-*;6 ' $1 ' :*2(.?$2-& ' ($1 ' 1")$& ' .1$?H2 ' (*,.2-$ ' ?H# ' ($ ' *2 ' #">1&< ' 4#-.'
#.),.1"3.)"62'($1'>,"$>&')&?&'1$2>*.'#$'.C,$)".'-&(.BK.'$2'*2.'&+,.'($'1.':"1&1&>K.'
>$,?.2. ' C&#-$,"&,E ' )&?& ' 1. ' ($ ' 4(*.,( ' ]&,($2E ' )&2#.>,.(. ' . ' 1. ' C,&#. ' .,-K#-").'
>,"$>.E'(&2($'#$'.:",?.'F*$'1.'2.-*,.1$3.'8.+K.'&+#$F*".(&'.'1&#'>,"$>&#')&2'*2.'
1$2>*.'F*$'$,.').C.3')&?&'2"2>*2.'&-,.'($'?.-$,".1"3.,'$2':&,?.'C1H#-").'1.#'?H#'
($1").(.#'"2:1$c"&2$#'($1'#$2-"?"$2-&<'D.'#$2#.)"62'($'.:"2"(.('$2-,$'$1'.1$?H2';'$1'
>,"$>& ' )&2#-"-*;6 ' .#K ' (*,.2-$ ' 1.,>& ' -"$?C& ' *2. ' $cC,$#"62 ' ($ ' &,>*11& ' )*1-*,.1 ' ;'
#">2":").+. ' $1 ' ($#C$,-., ' ($ ' 1. ' "($2-"(.( ' 2.)"&2.1E ' .*#C")".(& ' C&, ' *2 ' C,&)$#& ' ($'
"($2-":").)"62'$2-,$'1&#',$#C$)-"B&#'C*$+1&#'F*$'8.+1.+.2'(")8.#'1$2>*.#<
R"2'$?+.,>&E'.'C$#.,'($'-&(.#'$#-.#'$cC1&#"&2$#'($'IJ+"1&'&'($':,*#-,.)"62E'($'
1.'$1$B.)"62'.'1&#'.1-.,$#'($'*2.'>,.?H-").')*;.'"2.C$1.+1$'16>").'$,.')&2#"($,.(.'
)&?& ' *2 ' $1$?$2-& ' :&,?.1 ' $(*).-"B& ' ($ ' "2)&?C.,.+1$ ' C&($, ' ; ' ($ ' 1. ' ?.)8.)&2.'
"2#"#-$2)".'$2'$1'-$,,$2&'1"2>lK#-")&'F*$'?*)8&#'$#-*("&#':"1&16>")&#'8.2'$?C,$2("(&'
($#($ ' $2-&2)$# ' 8.#-. ' 2*$#-,&# ' (K.#E ' .,>*?$2-.2(& ' $2 ' C.,-$ ' #&+,$ ' ,.3&2$#'
#"?"1.,$#'+.#.(.#'$2'1.'C,&C".'$#$2)".'($'*2'1$2>*.'$c)$C)"&2.1E'C.,$)$'8&;'$2'(K.'
.(?"-"(&'F*$'2&'8.;'2.(.'$2'#KE'2"'$2'1.':&2&1&>K.E'1.'?&,:&1&>K.E'1.'#"2-.c"#'&'$1'
1Lc")&'($'*2.'1$2>*.E'F*$'#$.'C&,'#K'?"#?&'C&,-.(&,'($'C,$#-">"&'&'F*$'($?*$#-,$'1.'
"2("#)*-"+1$'#*C$,"&,"(.('?$2-.1'($1'C*$+1&'F*$'1.'8.+1.'#&+,$'1&#'($?H#<'a*.2(&'#$'
(")$ ' F*$ ' *2. ' 1$2>*. ' $# ' C,$#-">"&#.E ' )&2 ' (")8. ' $cC,$#"62 ' #$ ' 8.)$ ' ,$:$,$2)". ' $2'
,$.1"(.('.'1&#'1&>,&#')*1-*,.1$#')&2#$>*"(&#'C&,'#*#'8.+1.2-$#')&?&'>,*C&'&'.'1.'
1"-$,.-*,.'F*$'8.2'C,&(*)"(&E'.#K')&?&'.1'>,.(&'($'"2:1*$2)".'F*$'8.'$I$,)"(&'$2'1.'
8"#-&,". ' C&#-$,"&, ' C&, ' #* ' $#C$)".1 ' C&#")"62 ' 8$>$?62"). ' ($2-,& ' ($ ' *2. ' -,.(")"62'
)*1-*,.1'($-$,?"2.(.<'41'>,"$>&'2&'C.,$)$'F*$'#$.'*2.'$c)$C)"62'$2'$#-$'#$2-"(&'.'
C$#., ' ($ ' 1.# ' "2(*(.+1$# ' 1$.1-.($# ' ; ' ($ ' 1&# ' #"2)$,&# ' $2-*#".#?&# ' #*#)"-.(&# ' C&,'
F*"$2$# ' 8$?&# ' -$2"(& ' 1. ' :&,-*2. ' ($ ' $2-,., ' $2 ' )&2-.)-&E ' ?H# ' & ' ?$2&, ' "2-$2#& ' ;'
)&2-"2*.(&E')&2'$11.<

:),41&+'6*"2&+'/#'&."#1/#"',"%#,*
41'.C,$2("3.I$'($1'>,"$>&'8.'($+"(&'#*C$,.,'.'1&'1.,>&'($1'-"$?C&'*2.'#$,"$'($'
(":")*1-.($#<'a&2#$,B.(&')&?&'1$2>*.'B"B.'$2'$1'e,"$2-$'+"3.2-"2&';'$2'3&2.#'($1'#*,'
($'5-.1".E'$2'$1',$#-&'($'4*,&C.'8*+&'($'#$,'$2#$%.(&';'.C,$2("(&'.'C.,-",'($'1&#'
,*("?$2-&# ' ?H# ' $1$?$2-.1$#< ' ]& ' $c"#-"6 ' $2 ' e))"($2 ' (*,.2-$ ' 1. ' 4(.( ' S$(". ' *2.'
>,.?H-").'($'1.'1$2>*.'>,"$>.')&2'1.'F*$'C*("$,.2'"2")".,#$'1&#'$#-*("&#'($'>,"$>&E'
$2'*2.':&,?.'#"?"1.,'.'1.'F*$'#$'.C,$2(K.'1.-K2'.'C.,-",'($'1&#'-$c-&#'>,.?.-").1$#'($'
!&2.-&';'b,"#)".2&E'.?+&#'?*;'C&C*1.,$#'.'1&'1.,>&'($1'C$,K&(&'?$("$B.1'8.#-.'$1'

)%*

C*2-&'($'F*$'-&(.BK.'2&#'F*$(.2'($1'#$>*2(&')$,).'($1'?"11.,'($'?.2*#),"-&#<'41'
J2")&'"2#-,*?$2-&'p("(H)-")&q'$2'$#-$'-$,,$2&'1$>.(&'C&,'1.'.2-">l$(.('-.,(K.E')&?&'
$2'$1').#&'($'1&#'>,.?H-")&#'1.-"2&#'?$2)"&2.(&#E'$,.'1.'4./#B."55"(%*"'($'!&#"-$&E'
F*$'$#-.+.'(",">"(.'.'1&#'>,"$>&#'F*$'($#$.,.2'.C,$2($,'1.-K2';'#$'C,$#$2-.+.'$2'
C.,-$'$2'*2.'B$,#"62'C.,.1$1.'($'1.#'(&#'1$2>*.#<'R*'*-"1"(.('2&'$,.'?*)8.E';.'F*$'
#61& ' #$ ' C&(K.2 ' ($(*)", ' C.,)".1?$2-$ ' 1&# ' $1$?$2-&# ' >,.?.-").1$# ' +H#")&# ' ($ ' 1.'
1$2>*.'>,"$>.<'D&#'"2-$2-&#'C&,',$(.)-.,'*2.'>,.?H-").'($1'>,"$>&':*$,&2'$#).#&#';E'
.'1&'F*$'C.,$)$E '($',$(*)"(.'"2)"($2)".E')&?&'*2'?.2*#),"-&'($'1.'+"+1"&-$).'($'
D.&2'($1'#">1&'5d'F*$')&2-"$2$'*2'$#+&3&'($'$#-.#').,.)-$,K#-").#'&'1.'-$2-.-"B.'($'
)&?C"1.,'*2.'>,.?H-").'C&,'C.,-$'($'M,&*?*2(&'($'T$>$,2#$$<'D.'C,"?$,.'($'$#-.#'
"2")".-"B.#'C.,$)$'F*$'$#-H',$1.)"&2.(.')&2'$1')K,)*1&'($'?&2I$#'",1.2($#$#'$2'-&,2&'
.'1.':">*,.'($'S.,-K2'($'D.&2E';'$#'+"$2'#.+"(&'$1'$2&,?$'"2-$,L#'($'.F*L11&#'$2'$1'
$#-*("&'($1'>,"$>&E')&2#"($,.(&'*2&'($'1&#')&?C&2$2-$#'($'*2.'$(*).)"62'"($.1'C&,'
#$, ' *2. ' ($ ' 1.# ' 1$2>*.# ' &,">"2.1$# ' ($ ' 1. ' \"+1".< ' 4#-&# ' ?&2I$# ' 8.+K.2 ' )&2#$>*"(&'
,$*2",'*2')*,"&#&';'B.,".(&'B&).+*1.,"&'>,"$>&'.'C.,-",'($'1&#'$#).#&#'-$c-&#'+"1"2>l$#'
($'1.#'R.>,.(.#'4#),"-*,.#E')&?&'$1'R.1-$,"&E'F*$')&2#-"-*K.'$1'1"+,&'?H#':.?"1".,'C.,.'
1&#'1.-"2&#'$2'$1'S$("$B&E'($'>1&#.,"&#'-,.#?"-"(&#'($1'#"#-$?.'$#)&1.,'.2-">*&'F*$'
)&2-$2K.2 ' -.?+"L2 ' .1>*2.# ' $cC,$#"&2$# ' #&?H-").# ' & ' ($ ' ,$:$,$2)".# ' ).#*.1$#'
8.11.(.#'$2'1.'&+,.'?&2*?$2-.1'($'5#"(&,&'($'R$B"11.<'M.1-&#'($')*.1F*"$,',$:$,$2-$'
>,.?.-").1'($'$2B$,>.(*,.E'.)&>K.2'1.#'C.1.+,.#'-.1')*.1'.C.,$)K.2'?$3)1.2(&'.#K'
(":$,$2-$#').#&#'&':&,?.#'B$,+.1$#'&'"2B$2-.2(&'1.'.*-&,"(.(',$F*$,"(.'$2').#&'($'
2&'$2)&2-,.,1.'.'?.2&<
0' C$#., ' ($1 ' $2-*#".#?& ' ($ ' #*# ' C,&?&-&,$# ' ; ' ($1 ' $#:*$,3& ' C*$#-& ' $2 ' 1.'
$?C,$#.E'1.':.1-.'($#$#C$,.2-$'($'-$c-&#';'1.').#"'-&-.1'.*#$2)".'($'.*-&,"(.('C&,'
C.,-$ ' ($ ' 1&# ' C,&:$#&,$# ' )&2:K.2 ' $1 ' $?C$%& ' ($ ' .C,$2($, ' >,"$>& ' $2 ' *2. ' ?"#"62'
C,.)-").?$2-$ ' "?C&#"+1$< ' R*# ' )&2&)"?"$2-&#E ' 2&-.+1$# ' . ' C$#., ' ($ ' -&(&E ' 2&'
.1).23.,&2 ' ).#" ' 2*2). ' $1 ' *?+,.1 ' ($ ' 1. ' >,.?H-"). ' ; ' F*$(.,&2 ' ).#" ' #"$?C,$ ' $2 ' $1'
-$,,$2&'($'1.'C*,.'1$c")&>,.:K.<'D&#')&2-.)-&#')&2'$1'e,"$2-$'+"3.2-"2&'2&',$#*1-.,&2'
-&(& ' 1& ' :,*)-K:$,&# ' F*$ ' 8.+,K. ' ).+"(& ' $#C$,., ' $2 ' $#-$ ' .#C$)-&< ' 4# ' )"$,-& ' F*$ ' $1'
($+"1"-.?"$2-&'($1'C&($,'+"3.2-"2&'$2'$1'#">1&'d55';'1.')&2#-"-*)"62'($1'"?C$,"&'1.-"2&'
8")"$,&2'1&#')&2-.)-&#'?H#'.#$F*"+1$#';':.)"1"-.,&2'$1')&2&)"?"$2-&'($1'>,"$>&'$2-,$'
F*"$2$#'B".I.+.2'8.#-.'.11KE'#"'+"$2'#$'-,.-.+.'$2'#*'?.;&,'C.,-$'($'#&1(.(&#E'?&2I$#'
& ' )&?$,)".2-$# ' F*$ ' 8.+1.+.2 ' $1 ' >,"$>& ' 2$)$#.,"& ' C.,. ' #*# ' :"2$# ' *-"1"-.,"&# ' C$,&'
($#)&2&)K.2'C&,')&?C1$-&'1.'>,.?H-").';'$,.2E'C&,'-.2-&E'"2).C.)$#'($'$2#$%.,'1.'
1$2>*. '.'&-,&#'#"$2(&')&?&'$,.2'.($?H#'$2'#*'?.;&,K.'>$2-$#'($#C,&B"#-.# '($'
)*.1F*"$, ' -"C& ' ($ '$(*).)"62 ':&,?.1 ' & '($ ' "2-$,$#$# ')*1-*,.1$#< 'D. 'J2"). '.1-$,2.-"B.'
("#C&2"+1$'#$'8.11.+.'$2'$1'#*,'($'5-.1".E'.'(&2($'.)*("6'*2'C$,#&2.I$'-.2'"2#">2$'($'
1&# ' $#-*("&# ' >,"$>&# ' .2-$,"&,$# ' .1 ' A$2.)"?"$2-& ' )&?& ' :*$ ' $1 ' &+"#C& ' ($ ' D"2)&12E'
A&+$,-&'N,&##$-$#-$E'F*$'#"2'$?+.,>&'.C,&B$)86'1.')&;*2-*,.'($'1.')&2F*"#-.'($'
1&# ' -$,,"-&,"&# ' +"3.2-"2&# ' C.,. ' )&2#$>*", ' F*$ ' 1$ ' $2B".#$2 ' >,.?H-").# ' >,"$>.#'
C,&)$($2-$#'($'.F*$11&#'-$,,"-&,"&#<'f2.'>$2$,.)"62'($#C*L#'$1'?&2I$':,.2)"#).2&'
"2>1L#'A&>$,'\.)&2'#*C&'#.).,'C.,-"(&'($'#*#')&2-.)-&#')&2'>,"$>&#'&')&2'>$2-$#'
F*$ ' 8.+K.2 ' )&2#$>*"(& ' .C,$2($, ' >,"$>& '%2 # /%(9' C.,. ' $1.+&,., ' *2. ' >,.?H-").'
$1$?$2-.1'.':"2.1$#'($1'd555'F*$')&2)$(K.'1.'C,"?.)K.'.1'.1:.+$-&E'.'1.':&2L-").';'.'1.'
&,-&>,.:K.E ' ?"$2-,.# ' F*$ ' 1. ' ?&,:&1&>K. ' $,. ' -,.-.(. ' ($ ' :&,?. ' ?.# ' +"$2 ' +,$B$ ' )&2'
C.,.(">?.#':H)"1$#'($',$)&,(.,<
D.'1.+&,'($'1&#'"-.1&>,"$>&#'$2'1.'$2#$%.23.'($'1.'1$2>*.'>,"$>.'-"$2$'#"2'
(*(.'#*'"?C&,-.2)".E'C$,&'2&'11$>6'.')*.I.,')&?&'"2")".-"B.';'#*#'Lc"-&#':*$,&2'?H#'

)%)

+"$2'?&($#-&#<'D.'1.+&,'($#.,,&11.(.'C&,'\.,1..?'$2'1.')&,-$'C.C.1'($'0B">2&2')&2'
b$-,.,).'2&')*1?"26'($':&,?.'+,"11.2-$E')&?&';.'8.+K.'#*)$("(&'.2-$,"&,?$2-$')&2'
7*.2 ' ($ ' R.1"#+*,;' $2 ' *2 ' -"C& ' ($ ' "2")".-"B. ' #"?"1.,< '01>& ' ?H# ' $:").3 ' C.,$)$ ' 8.+$,'
,$#*1-.(&'1.+&,'($'D$&2)"&'b"1.-&E'*2').1.+,L#'("#)KC*1&'($'\.,1..?'F*$'#$'.#$2-6'
$2'M1&,$2)".'.'?$(".(&#'($1'd5i'C.,.'$2#$%.,'>,"$>&'($#C*L#'F*$'1.#'>$#-"&2$#'($'
\&)).))"&')&2#">*"$,.2'("#*.(",1$'($'#*#'.?+")"&2$#'$C"#)&C.1$#'F*$'1$'"?C*1#.+.2'
. ' +*#)., ' .)&?&(& ' $2 ' 1. ' #$($ ' C.C.1 ' :,.2)$#.< ' a&2 ' L1E ' $1 ' .*-&, ' ($1 'E)*"5).;2#
C,&:*2("36 ' #*# ' )&2&)"?"$2-&# ' ($ ' >,"$>& ' $2 '*2. ' ?$("(. ' ?*)8& ' ?.;&, ' ($ ' 1& ' F*$'
8.+K. ' )&2#$>*"(& ' b$-,.,). ' )&2 ' #* ' ?.$#-,& ' >,"$>&< ' R"2 ' $?+.,>&E ' 1. ' B$,(.($,.'
,$B&1*)"62'$2'$1'.C,$2("3.I$'($1'>,"$>&'#$'C,&(*I&')&2'1.'11$>.(.'($'*2'$?+.I.(&,'
+"3.2-"2&'$2'UQZY'.'M1&,$2)".E'-,.K(&'C&,'$1'$?C$%&'($1').2)"11$,'a&1*))"&'R.1*-.-"E'
F*$'#$')&2B",-"6'$2'$1'C,&?&-&,'?H#'$2L,>")&'($'1&#'$#-*("&#'>,"$>&#'$2'$#-.')"*(.(<'
R$'-,.-.'($1')L1$+,$'S.2*$1'a,"#&1&,.#E'F*$'$#),"+"6')&?&'?.-$,".1'($'.C&;&'C.,.'
#*#'$2#$%.23.#'*2.'>,.?H-").'$1.+&,.(.')&2'$1':&,?.-&'($'C,$>*2-.#';',$#C*$#-.#'
F*$'11$B.+.'C&,'&C&,-*2&'-K-*1&'$1'($'H.'()5"("<'!")8.'&+,.'#$')&2B",-"6'$2'$1'C,"?$,'
-$c-&'("(H)-")&'C.,.'$1'.C,$2("3.I$'($1'>,"$>&'F*$'#$'(":*2("6'C&,'-&(&'$1'e))"($2-$'
1.-"2&E ' #&+,$ ' -&(& ' ($#C*L# ' F*$ ' *2& ' ($ ' #*# ' ("#)KC*1&#E ' N*.,"2& ' ($ ' i$,&2.E'
,$$1.+&,.#$'1.'&+,.'$2'1.-K2E'8.)"$2(&')&2'$11&'C&#"+1$'#*'*-"1"3.)"62'#"2'1.'2$)$#"(.('
"2$B"-.+1$'($')&2-.,')&2'*2'?.$#-,&'>,"$>&'.1'1.(&'C.,.'"2-$,C,$-.,1.<'a,"#&1&,.#'-*B&'
$1'Lc"-&'F*$'b"1.-&'2&'8.+K.')&2#$>*"(&'.1'#$,').C.3'($'#"?C1":").,'1&#'-,.(")"&2.1$#'
1"+,&# ' ($ ' >,.?H-"). ' $1"?"2.2(& ' 1.# ' )&?C1$I"(.($# ' ($#)&2)$,-.2-$# ' F*$'
.-&,?$2-.+.2'.'1&#'$#)&1.,$#'+"3.2-"2&#<'A$(*I&'1.#').-$>&,K.#'($'1&#'2&?+,$#'($'
V`E')&?&':">*,.+.2'$2'*2'?.2*.1'C&#-$,"&,'&+,.'($1'$#-*("&#&'S.2*$1'S&#)6C*1&#E'
. ' -.2 ' #61& ' UP<' D. ' 1$2>*. ' #$>*K. ' ,$#*1-.2(& ' (":K)"1E ' C$,& ' )&2#">*"6 ' .)$,).,1. '. ' *2'
>,*C&'($'$#-*("&#&#'(&-.(&#';'("1">$2-$#E'F*$'$2'$1')*,#&'($'*2'.%&'$,.2').C.)$#'
($'1&>,.,'*2'.1-&'>,.(&'($')&?C$-$2)".'1"2>lK#-").<'42'1.'?.;&,K.'($'1&#').#&#'$1'
$#-*(".2-$'($+K.'.C,$2($,'C&,'LU'?"#?&E'C&,'1&'F*$'$1'?.2*.1'($'a,"#&1&,.#'#">2":")6'
*2'"?C&,-.2-$';'($)"#"B&'.B.2)$'$2'1.'$2#$%.23.'($1'>,"$>&<
e-,.#'>,.?H-").#'C,&(*)"(.#'$2'$#-&#'-"$?C&#'F*$'-*B"$,.2'"2)"($2)".'$2'1&#'
8*?.2"#-.# ' ($#$&#&# ' ($ ' .C,$2($, ' >,"$>& ' :*$,&2 ' 1. ' "2-,&(*))"62 ' >,.?.-").1'
$1.+&,.(. ' C&, 'T$&(&,& ' ($ ' N.3. ' ; ' 1. ' >,.?H-"). ' ($ ' a&2#-.2-"2& ' D.#).,"#E ' F*$ ' #$'
"?C,"?"6'$2'U^Z`';'#$')&2B",-"6'.#K'$2'*2&'($'1&#'C,"?$,&'C,&(*)-&#'($'1.'2*$B.'
-$)2&1&>K.E'1.'"?C,$2-.E'C.,.')*+,",'1.#'2$)$#"(.($#'($'1&#'$#-*(".2-$#'($'>,"$>&<'R"2'
$?+.,>&E ' 1. ' $c"#-$2)". ' ($ ' $#-&# ' p?.2*.1$#q ' 2& ' .).+6 ' 2" ' ?*)8& ' ?$2&# ' )&2 ' $1'
#"#-$?. '?H#'>$2$,.1"3.(& ')&2#"#-$2-$'$2'1.')&2:,&2-.)"62 '($1'-$c-&'>,"$>& ')&2'1.'
-,.(*))"62'1.-"2.')&,,$#C&2("$2-$E'*2.'C,H)-").')&?J2'.'-$2&,'($'1&'F*$'.:",?.'$1'
"?C,$#&,'B$2$)".2&'01(&'S.2*)"&'$2'*2.').,-.'$2'1.'F*$'($)1.,.'F*$'$#'.'-,.BL#'($'
1.')&?C.,.)"62'#"#-$?H-").'($1'-$c-&'($'1.#'&+,.#'3&&16>").#'($'0,"#-6-$1$#')&2'#*'
-,.(*))"62 '1.-"2. ' .' ).,>& '($1 ' ?$2)"&2.(& 'T$&(&,& '($ ' N.3. ')&?& '8.2 '.C,$2("(&'
>,"$>& ' 1&# ' 8*?.2"#-.# ' ?H# ' ($#-.).(&# ' ($ ' 1. ' LC&). ' )&?& ' b")& ' & ' b&1"3".2&< ' 41'
2J?$,&';'1.').1"(.('($'1.#'B$,#"&2$#'1.-"2.#'($'-$c-&#'>,"$>&#'8.+K.2')&?$23.(&'.'
.*?$2-.,'-,.#'1.'$#-.2)".'($'a,"#&1&,.#';E'C&,'-.2-&E'1.')&?C.,.)"62'C&(K.',$#*1-.,'
$:$)-"B.'.1'#$,').(.'B$3'?H#':K$1$#'1&#'-$c-&#'1.-"2&#'.'1&#'&,">"2.1$#'>,"$>&#<'D.'
.C.,")"62 ' ; ' (":*#"62 ' ($ ' 1. ' "?C,$2-. ' )&1.+&,6 ' -.?+"L2 ' ($ ' :&,?. ' ($)"("(. ' $2 ' 1.'
$?C,$#.<'41'C,&C"&'01(&'S.2*)"&')&2-,"+*;6'-.?+"L2'.'1.'1.+&,'($'$2#$%.23.'($'1.'
1$2>*. ' >,"$>. ' .1 ' $("-., ' "2#-,*?$2-&# ' $#$2)".1$# ' C.,. ' #* ' .C,$2("3.I$ ' )&?&'
>,.?H-").#E'1"+,&#'C.,.'1.'$#)*$1.E'("))"&2.,"&#E')&?$2-.,"&#';'&+,.#'$2)")1&CL(").#<'
4#-.'?"#?.'"2")".-"B.'#$,K.'.#*?"(.'-.?+"L2'C&,'&-,.'"1*#-,$':.?"1".'($'"?C,$#&,$#';'

)%!

$#-*("&#&#':,.2)$#$#E'1&#'4#-"$22$E'*2&'($')*;&#'?"$?+,&#E'h$2,"'55E'C*+1")6'2.(.'
?$2&#'F*$'Y^'-$c-&#'>,"$>&#'($'1&#'F*$'UX'$,.2'C,"?$,.#'$(")"&2$#';'11$B6'.').+&'
*2.'($'1.#'&+,.#'?H#'>,.2("&#.#'($'1&#'$#-*("&#'>,"$>&#'$2'$1'A$2.)"?"$2-&')&?&'
:*$ ' $1 '0-)/"9.9/ # !%2B9") # P.")*")< ' 41 ' C,"?$, ' 1"+,& ' "?C,$#& ' $2 ' >,"$>&E ' 1.'
<"(.'*'5%'5"=9%"'C#$*(&8&?L,").E'B"&'1.'1*3'$2'U^YQE';'.'C.,-",'($'UVPP'1&#'-$c-&#'
>,"$>&#'$?C$3.,&2'.'.+*2(.,E'.#K')&?&'1.#'-,.(*))"&2$#')&,,$#C&2("$2-$#<'42-,$'
U^Z^';'UVUV'01(&'S.2*)"&'C*+1")6'?H#'($'OY'.*-&,$#'>,"$>&#E'$2-,$'1&#')*.1':">*,.2'
1.# ' C,"?$,.# ' $(")"&2$# ' ($ ' b1.-62 ' ; '0,"#-6-$1$# ' >,"$>&< ' R"2 ' $?+.,>& ' 2& ' )&2B"$2$'
&1B"(., ' F*$ ' $1 ' .C,$2("3.I$ ' ($1 ' >,"$>& ' $,. ' )&2#"($,.(& ' *2 ' ?$("& ' C.,. ' *2 ' :"2'
($-$,?"2.(&E' )&?& '$,.' C&($,'1$$,'. '1&# '.*-&,$#'>,"$>&# 'C&, '1.'"2:&,?.)"62' ;' 1.#'
1$))"&2$#'?&,.1$#'F*$')&2-$2K.2'?H#'F*$'C&,'#*'$#-"1&<']&'#$'&1B"($'F*$'*2.'($'#*#'
:"2.1"(.($#'C,H)-").#':*2(.?$2-.1$#'$,.'1.'1$)-*,.'($1']*$B&'T$#-.?$2-&';'($'1&#'
C.(,$#'>,"$>&#'($'1.'5>1$#".<'0#K'$1'C,"?$,'1"+,&'"?C,$#&'$2').,.)-$,$#'>,"$>&#'F*$'
#.1"6'($'1.#'C,$2#.#'($'4#-"$22$'$2'UV^^':*$'1.'G%/('.%"#H*&)/%?(%*"'($'4*#$+"&'($'
a$#H,$.<
D.'1.+&,'(&)$2-$'($'1&#'$#-*("&#&#'+"3.2-"2&#'$?">,.(&#':*$'.#K')&2#"($,.+1$'
$2'1.':&,?.)"62'>,"$>.'($'1&#'8*?.2"#-.#'"-.1".2&#'($1'#">1&'di<'R"2'$?+.,>&E')&2'$1'
C.#&'($1'-"$?C&'#$':*$,&2')&2#&1"(.2(&'>,.2($#'+"+1"&-$).#'$*,&C$.#'F*$'C&#$K.2'
$2-,$'#*#':&2(&#'?.2*#),"-&#'>,"$>&#E'-,.K(&#'&')&C".(&#'($'\"3.2)"&E')&?&'1.#'($1'
).,($2.1'\$#.,"62E'F*$'#$')&2B$,-",K.'$2'$1'2J)1$&'($'1.':*-*,.'+"+1"&-$).'S.,)".2.'
($'i$2$)".E'1.'i.-").2.'($'A&?.';'1.'($'D&,$23&'($'S$(")"'$2'M1&,$2)".E'F*$'$2'#*'
)&2I*2-& ' C&#$K.2 ' ?H# ' ($ ' VPP ' )6(")$# ' >,"$>&#< ' 4?C$3.,&2 ' .#K ' . ' #*,>", ' -.?+"L2'
>,.2($#'8$1$2"#-.#'&))"($2-.1$#E':&,?.(&#'$2'1.'C,&C".'5-.1".E'F*$'($?&#-,.,&2'*2.'
>,.2')&?C$-$2)".'$2'$1'(&?"2"&'($'1.'1$2>*.'>,"$>.E')&?&':*$'$1').#&'($'D$&2.,(&'
\,*2"'$2'1.'C,"?$,.'?"-.('($1'#">1&'di'&'($'02>$1&'b&1"3".2&'$2'1.'#$>*2(.E'F*$'
$?C$36'.'$#-*(".,'>,"$>&'.'1&#'UP'.%&#E'.'1&#'U`'$,.';.').C.3'($'$#),"+",'B$,#&#'$2'
$#. ' 1$2>*. ' ; ' . ' 1&# ' UX ' -,.(*I& ' 1&# ' 1"+,&# ' 55 ' . ' i ' ($ ' 1. ' 51K.(.E ' ,"B.1"3.2(& ' $2 ' #*#'
)&2&)"?"$2-&# ' )&2 ' 1&# ' ($ ' 1&# ' ?$I&,$# ' ?.$#-,&# ' +"3.2-"2&#< '0($?H#E ' $2 ' .1>*2&#'
).#&#'+"$2')&2&)"(&#'1.'$:").)".'(&)$2-$'($'$#-&#'$#-*("&#&#'+"3.2-"2&#':*$'C*$#-.'
$2 ' $2-,$(")8& ' C&, ' C.,-$ ' ($ ' +,"11.2-$# ' .1*?2&# ' "2-$,$#.(&# ' $2 ' $1 ' .C,$2("3.I$ ' ($1'
>,"$>&E ' F*$ ' )&?C,&+.+.2 ' )&2 ' ($#$#C$,.)"62 ' 1. ' $c.#C$,.2-$ ' 1$2-"-*( ' ($ ' #*#'
C,&>,$#&#'$2'$1'(&?"2"&'($'1.'1$2>*.'&')&2#-.-.+.2'1.':,*#-,.)"62'?H#'C.C.+1$'$2'1.'
"2*-"1"(.( ' ($ ' #*# ' $#:*$,3&#< ' g#-$ ' :*$ ' $1 ' ).#& ' ($ ' C$,#&2.I$# ' -.2 ' "1*#-,$# ' )&?& ' $1'
?"#?K#"?&'4,.#?&'($'A&--$(.?E'F*$')&?$236'.'.C,$2($,'>,"$>&'$2'b.,K#'+.I&'1.'
>*K.'($1',$:*>".(&'>,"$>&'7&,>$'h$,?62"?&'C$,&'$2)&2-,6'-.2-.#'(":")*1-.($#'$2'#*'
).?"2&'F*$'&C-6'C&,'.+.2(&2.,'#*#'$2#$%.23.#';'$2).?"2.,#$'8.)".'5-.1".')&2'1.'
)1.,.'"2-$2)"62'($'?$I&,.,'#$2#"+1$?$2-$'#*#'&C&,-*2"(.($#'$2'$#-$'-$,,$2&<'011K'$2'
i$2$)".E'.1&I.(&')&?&'8*L#C$('C,"B"1$>".(&'$2'1.').#.'($1'"?C,$#&,'01(&'S.2*)"&E'
$2)&2-,6'1.'C&#"+"1"(.('($'.(F*",",'$1'2"B$1'($'>,"$>&'F*$'C,$)"#.+.')&2'$1'.1")"$2-$'
.%.("(& ' ($ ' C&($, ' 1$$, ' 1&# ' 2*?$,&#&# ' )6(")$# ' >,"$>&# ' F*$ ' .1+$,>.+. ' 1. ' 2*-,"(.'
+"+1"&-$).'($'#*'.2:"-,"62<'a&?&',$#*1-.(&'"2?$(".-&'($'#*':,*)-K:$,.'$#-.2)".'$2'$#-$'
#$2-"(&'C*+1")6'*2.'B$,#"62')&2#"($,.+1$?$2-$'.?C1".(.'($'#*#')L1$+,$# '4+"B%'/E'
*2. ' )&1$))"62 ' ($ ' C,&B$,+"&# ' )&2 ' #* ' )&,,$#C&2("$2-$ ' )&?$2-.,"&E ' . ' 1. ' F*$'
"2)&,C&,.+.'.8&,.'2*?$,&#&'?.-$,".1'C,&)$($2-$'($'1.#':*$2-$#'>,"$>.#'F*$E'C&,':"2E'
8.+K.'#"(& ').C.3'($'1$$, ')&2'1.'2$)$#.,". '#&1-*,.< 'SH#'-.,($ '#">*"6 '#* ')&2&)"(&'
C.2:1$-&'#&+,$'1.')&,,$)-.'C,&2*2)".)"62'($1'>,"$>&'.2-">*&E':,*-&'">*.1?$2-$'($'#*'
$#-.2)". ' $2 ' $1 ' )K,)*1& ' .1("2&E ' (&2($ ' .1>*2&# ' ($ ' #*# ' ?"$?+,&#E ' I*2-& ' .1 ' $#C.%&1'

)%"

02-&2"& ' ($ ' ]$+,"I.E ' 8.)K. ' -"$?C& ' F*$ ' 8.+K.2 ' .C&,-.(& ' $B"($2)".# ' #&+,$ ' 1.#'
(":$,$2)".#'2&-.+1$#'$c"#-$2-$#'$2-,$'1.'C,&2*2)".)"62'.2-">*.';'?&($,2.<
41';.'?$2)"&2.(&'h$,?62"?&':,.).#6'-.?+"L2')&2'$1'?H#'"?C&,-.2-$'($'1&#'
8$1$2"#-.#':,.2)$#$#'($1'A$2.)"?"$2-&';'*2&'($'1&#'?H#'#$%$,&#'($'-&(.'#*'8"#-&,".E'
N*"11.*2"$ '\*(L< ' D.# ' .?.,>.# ' F*$I.#E ' 2& ' $c$2-.# '($ ' *2. ' )"$,-. ' ),*$1 ' ",&2K.E ' ($1'
8*?.2"#-.':,.2)L#'.'$#-$',$#C$)-&'8.2'F*$(.(&',$:1$I.(.#'$2'.1>*2.#'($'#*#').,-.#E'
(&2($ ' ,$1.-. ' 1.# ' C$2*,".# ' F*$ ' C.#.+. ' $2 ' 1&# ' ?&?$2-&# ' ($ ' #* ' ,*(& ' .C,$2("3.I$'
11$>.2(& '. ' ?.2":$#-., ' "2)1*#& ' #* ' #$2#.)"62 ' ($ ' F*$ '1. ' ">2&,.2)". '($ ' #* ' -*-&, ' $,.'
($1"+$,.(.E';.'F*$'-$2K.'C&,'J2")&'&+I$-&'?.2-$2$,1$'C&,'?H#'-"$?C&'+.I&'#*'-*-$1.';'
#$>*",'C$,)"+"$2(&'.#K'#*'>$2$,&#&'$#-"C$2("&<'R*'$#-.2)".'$2'5-.1".'-.?+"L2',$#*1-6'
C,&B$)8&#.'$2'$#-$',$#C$)-&E')&?&';.'8.+K.'#*)$("(&')&2'4,.#?&<'011K'1&#'?L-&(&#'
*-"1"3.(&# ' $2 ' #* ' $2#$%.23. ' $,.2 ' .1 ' C.,$)$, ' ?H# ' $:$)-"B&# ' #" ' I*3>.?&# ' C&, ' 1&#'
,$#*1-.(&#'&+-$2"(&#'C&,'*2'I&B$2'($'b.(*.E'11.?.(&'N",&1.?&'0?.#$&E'F*$'$#-*("6'
>,"$>& '$2 'M1&,$2)". ')&2 'i.,"2& 'M.B.,"2& ' a.?$,-$ '$2 'U^ZQ ';' #$ '#$2-K. ').C.3 ' ($'
$2-$2($,'.'h&?$,&';'0,"#-6:.2$#')&2'1.'#*:")"$2-$'#&1-*,.'($#C*L#'($'8.+$,'.-$2("(&'
C*2-*.1?$2-$'.'1.#'1$))"&2$#'($1'?.$#-,&<'01'C.,$)$,E'#$>J2'$cC&2$'$2'*2.').,-.E'$1'
?L-&(& ' ($ ' $2#$%.23. ' )&2#"#-K. ' $2 ' 1. ' 1$)-*,. ' ($1 ' -$c-& ' )&2 ' #* ' )&,,$#C&2("$2-$'
-,.(*))"62E'$2'C.1.+,.#')1.,.#';'$1$>.2-$#E'.'1.'F*$'#$>*K.'1.':1$c"62'($'2&?+,$#';'
B$,+&#E' #" ',$#*1-.+.' $#C$)".1?$2-$' (":K)"1E '.%.("$2(&' -.?+"L2' 1.# '$-"?&1&>K.#' ;'$1'
,$#-&'($'1.#':">*,.#'*-"1"3.(.#'$2'$1'("#)*,#&<'0')&2-"2*.)"62'B&1BK.'.'"2")".,'1.'1$)-*,.'
($1 ' ?"#?& ' -$c-&E ' .)&?C.%.(. ' $#-. ' B$3 ' ($ ' 1.# ' C,$>*2-.# ' ($ ' )&?C,&+.)"62'
C$,-"2$2-$#'C.,.'$B"-.,'F*$'#$'&1B"(.,.'1&'.C,$2("(&<'D.'#$#"62')*1?"2.+.')&2'*2.'
$#C$)"$'($'$c.?$2'$2'$1'F*$'1&#'.1*?2&#'($+K.2'2*$B.?$2-$'(.,')*$2-.'($'1.#'
($)1"2.)"&2$#< ' D. ' ).,-. ' ($1 ' ?$2)"&2.(& ' N",&1.?& ' 2&# ' "2:&,?. ' -.?+"L2 ' ($ ' 1.'
>,.(.)"62'($'1&#'-$c-&#'.'1&'1.,>&'($'1.'I&,2.(.'=1.'K+%/)"'C&,'1.'?.%.2.E'0,"#-6:.2$#'
($#C*L#'($')&?$,';'1. 'C&F"+"' C.,.')$,,.,'1.#'#$#"&2$#@E'.#K')&?&'($'1.#'("B$,#.#'
$(.($#'($'*2'.1*?2.(&'F*$'.+.,).+.'($#($'1&#').-&,)$'&'F*"2)$'.%&#'8.#-.'1&#'
)"2)*$2-.<
D&#'?L-&(&#';'?.-$,".1$#'$1.+&,.(&#'$'"?C,$#&#'$2'$1'H?+"-&'($'1&#')K,)*1&#'
.1("2&#E ' )&?& ' 1.# ' >,.?H-").# ' ($ ' a,"#&1&,.# ' ; ' DH#).,"#E ' 2& ' #61& ' -*B"$,&2 ' *2.'
"2)"($2)".'"?C&,-.2-$'$2'5-.1".<'M*$,&2'"2-,&(*)"(&#'$2-,$'UVPX';'1VUY$2'b.,K#'C&,'
N",&1.?&'01$.2(,&E'F*$'C*$($'#$,')&2#"($,.(&'$1'"2")".(&,'($1'$#-*("&'($'1.'1$2>*.'
>,"$>. ' $2 ' M,.2)".E ' (&2($ ' ;. ' 8.+K. ' #$2-.(& ' C,$B".?$2-$ ' )H-$(,. ' 7.2*# 'DH#).,"#E'
)*;.#'$2#$%.23.#'C,&(*)",K.2'$:$)-&'"2($1$+1$'$2'C$,#&2.I$#'($'1.'-.11.'($'\*(L'&'
($'1&#'C,"?$,&#'1$)-&,$#',$.1$#'($'>,"$>&E'b"$,,$'!.2L#';'7.)F*$#'T&*##."2E'.')*;.#'
1$))"&2$#'.#"#-"$,&2'.1>*2&#'($'1&#'C$2#.(&,$#'?H#'"?C&,-.2-$#'($1'#">1&'di5')&?&'
a.1B"2&E'A.+$1."#E'5>2.)"&'($'D&;&1.E'b"$,,$'A&2#.,(';'h$2,"'4#-"$22$<'42'01$?.2".E'
#"2'$?+.,>&E'1&#'$#-*("&#'($'>,"$>&'.1).23.,&2'#*'?$I&,')&2),$)"62'C$(.>6>").')&2'
1&# ' ?L-&(&# ' C,&C*$#-&# ' C&, ' b8"1"CC ' S$1.2)8-8&2E ' )*;&# ' #"#-$?.# ' ; ' C,&>,.?.#'
:*$,&2 ' .(&C-.(&# ' ($ ' "2?$(".-& ' $2 ' $#)*$1.# ' ; ' *2"B$,#"(.($# ' ($ ' -&(& ' $1 ' H?+"-&'
C,&-$#-.2-$<'S$1.2)8-8&2'8.+K.'.C,$2("(&'>,"$>&':*$,.'($1')*,#&',$>*1.,')&2'R"?1$,E'
*2&'($'1&#'C,"?$,&#'$2-*#".#-.#'($1'8*?.2"#?&'$2'01$?.2".E'F*$'8.+K.')&?C*$#-&'
.($?H#'*2.'$#-"?.+1$'>,.?H-").'>,"$>.<'R*'?L-&(&'"2)"(K.'?H#'$2'1.'"2-$2#"(.(';'1.'
)&2)$2-,.)"62'#&+,$'*2'2J?$,&'($-$,?"2.(&'($'.*-&,$#'F*$'$2'*2.'$2#$%.23.'?H#'
.?C1".';'>$2$,.1"3.(.'F*$')&2-*B"$,.'*2.'?.;&,'B.,"$(.('($'-$c-&#<'D. '^(%*"' ($'
0,"#-6-$1$#E ' 1&# ' ("#)*,#&# ' ($ ' !$?6#-$2$# ' ; ' 1. 'C&F"+"' )&2)$2-,.,&2 ' #* ' "2-$,L# ' ($'
:&,?.'.+,*?.(&,.'(*,.2-$'#*'1.,>.').,,$,.'(&)$2-$E')&2B$2)"(&')&?&'$#-.+.'($'
F*$'$,.'.'-,.BL#'($'#*'1"-$,.-*,.')&?&'?$I&,'C&(K.'11$>.,#$'.')&?C,$2($,'$1'?&(&'

)%#

($'B"(.';'1&#'B.1&,$#'($'1.'#&)"$(.('>,"$>.'.2-">*.<'!$'$#-.':&,?.E'#">*"$2(&'1&#'
C.#&#'?.,).(&#'C&,'4,.#?&E',$#&1BK.'1.#'C&#"+1$#'("#),$C.2)".#'$c"#-$2-$#'$2-,$'$1'
C$2#.?"$2-&'C.>.2&';'$1'),"#-".2"#?&'F*$'-.2-.#'-*,+.)"&2$#'8.+K.2'C,&B&).(&'$2'
&-,&# ' $#CK,"-*# ' ($ ' 1. ' LC&).E ' &+1">H2(&1$# ' . ' ,$#-,"2>", ' $1 ' )&2&)"?"$2-& ' ($1 ' ?*2(&'
)1H#")&'.'($-$,?"2.(&#'.*-&,$#<'7&8.22'R-*,?'#">*"6'1&#'C.#&#'($'S$1.2)8-8&2'$2'
#*'&+I$-"B&'($'"2)*1).,'$2'1&#'I6B$2$#'*2.'#.+".';'$1&)*$2-$'C"$(.('=6%)("/#&%()."("@<'
!$2-,&'($1'C,&>,.?.'"($.(&'C&,'R-*,?'$2'4#-,.#+*,>&'1&#'?*)8.)8&#'"2")".+.2'#*#'
$#-*("&#'.'1&#'`'.%&#';'($+K.2')&2)1*",1&#'.'1&#'UV'-,.#'8.+$,'.C,$2("(&'*2'1.-K2'
:1*"(&';')&,,$)-&';'$1'>,"$>&'#*:")"$2-$'C.,.'C&($,'1$$,'.'!$?6#-$2$#<'D.'.)-"B"(.('
(&)$2-$')&2#"#-K.'$2'*2.'#$,"$'"2"2-$,,*?C"(.'($'$I$,)")"&#'8.+1.(&#';'$#),"-&#';'$2'
1.'1$)-*,.')&2)$2-,.(.'#&+,$'.1>*2&#'.*-&,$#'F*$'$2'>,"$>&'"2)1*K.2'!$?6#-$2$#E'
4#F*"2$#E'$1'K.B"2'2';'1.'I)(;.%*"'($'0,"#-6-$1$#';'.1>*2&#'("H1&>&#'C1.-62")&#<'R*'
$2#$%.23.E ' #"2 ' $?+.,>&E ' C.,$)$ ' F*$ ' F*$(.+. ' 1"?"-.(. ' . ' 1& ' .#C$)-&# ' ?H#'
C*,.?$2-$':&,?.1$#E'C,$#-.2(&'.#K'?.;&,'.-$2)"62'.1'#">2":").(&'($'1.#'C.1.+,.#'F*$'
.'1.#'"($.#'$cC,$#.(.#'.'-,.BL#'($'$11.#<
D.'"2#"#-$2)".'?.)8.)&2.'$2'$1'$#-*("&'($'1.'1$2>*.')&?&'J2")&'?L-&(&'($'
.C,$2($,'$1'>,"$>&E'F*$'-&(.BK.')*$2-.')&2'$2)$2("(&#'.C&1&>"#-.#E'8.'($I.(&'$2'#*'
).?"2&'2*?$,&#.#'BK)-"?.#E'.1>*2.#'($'$11.#'-.2'"1*#-,$#')&?&'$1'C,&C"&'\;,&2E'F*$'
#$ ' 2$>.+. ' . ' )"-., ' . ' h&,.)"& ' $2 ' *2 ' C.#.I$ ' .($)*.(& ' (*,.2-$ ' #* ' B".I$ ' C&, ' 5-.1".'
11$B.(&'($1'?.1',$)*$,(&'F*$'1$'"2#C",.+.'(")8&'C&$-.'1.-"2&'.1'-,.$,1$'.'1.'?$?&,".'
1.#':.#-"("&#.#'1$))"&2$#'"?C*$#-.#'C&,'1.'("#)"C1"2.'$#)&1.,'F*$'1$'8.+K.2'&+1">.(&'.'
.C,$2($,'($'?$?&,".'1&#')"-.(&#'C.#.I$#'#"2'&-,.':"2.1"(.('F*$'1.')&2#&1"(.)"62'($'
.1>*2.#'2&)"&2$#'>,.?.-").1$#<'4#.#'?"#?.#')",)*2#-.2)".#E'1.#'($'*2.'("#)"C1"2.'
$#)&1.,'?.1'$2-$2("(.'F*$'2&'B$K.'$2'1&#'-$c-&#')1H#")&#'&-,.')&#.'F*$':*$,.'?H#'
.11H'($'1.#':1$c"&2$#E')&2I*>.)"&2$#';'1Lc")&'F*$')&2-$2K.2';'.+&,(.+.'$1'$#-*("&'($'
1&# ' -$c-&# ' ($#($ ' $#-. ' ?H# ' F*$ ' 1"?"-.(. ' C$,#C$)-"B.E ' .F*$I.,&2 ' -.?+"L2 ' . ' &-,.#'
C$,#&2.1"(.($# ' ($ ' 1. ' LC&). ' )&?& ' i")-&, ' h*>& ' & ' $1 ' C&$-. ' "2>1L# ' R["2+*,2$<' pD.'
1"-$,.-*,. ' )1H#"). ' F*$(.+. ' .#K ' .,,*"2.(. ' _)&?& ' 8. ' #$%.1.(& ' )&2 ' >,.2 ' .)"$,-& ' ;'
C$,#C").)".'$1'2.(.'#&#C$)8&#&'N"1+$,-'h">8$-_')*.2(&'#$'1.'$2#$%.+.'$c">"$2(&'
($1 ' .1*?2& ' 1. ' ?Hc"?. ' C,$)"#"62 ' ; ' C.,-")*1.,?$2-$ ' *2. ' $cC1").)"62 ' ($ ' 1&# ' *#&#'
>,.?.-").1$# ' ; ' ($ ' 1.# ' ,$>1.# ' #"2-H)-").#<q ' 4# ' -,$?$2(.?$2-$ ' "1*#-,.-"B. ' $2 ' $#-$'
#$2-"(&'1.'.2L)(&-.')"-.(. '"+#-'*' C&,'$1'?$2)"&2.(&'$#-*("&#&'+,"-H2")&E'#$>J2'1.'
)*.1'*2'C,&:$#&,'C,$#$2-6'.1'"2")"&'($1')*,#&'.'#*#'.1*?2&#'$1 'H+%6'#)2#,'&'2'' ($'
R6:&)1$#')&?&'*2'pB$,(.($,&'-$#&,&'($'C$)*1".,"(.($#'>,.?.-").1$#q<'D.'2$:.#-.'
$cC$,"$2)".'$2'$#-$'#$2-"(&'($'#",'o"11".?'e#1$,E'*2'($#-.).(&'C,&:$#&,'($'?$(")"2.'
F*$'$I$,)"6'#*'?.>"#-$,"&'$2'a.2.(HE'4#-.(&#'f2"(&#'$'52>1.-$,,.'$2'1.'C.,-$':"2.1'
($1'#">1&'d5d';'1&#'"2")"&#'($1'ddE'C*$($',$#*1-.,')"$,-.?$2-$'C.,.(">?H-").'($'1.'
#"-*.)"62 ' ?H# ' >$2$,.1"3.(. ' $2 ' $1 ' -$,,$2& ' ($ ' 1. ' $2#$%.23. ' ($1 ' >,"$>& ' ; ' ($ ' 1.#'
1$2>*.#')1H#").#'$2'>$2$,.1'.'1&'1.,>&'($'-&(&'$#-$'C$,K&(&<'D&#'$c)$#&#'($'#"2-.c"#'
;'C,&#&(".'$2'$1'$#-*("&'($'1&#'.*-&,$#'>,"$>&#'-$2K.2'$1',$#*1-.(&'"2?$(".-&'($'F*$'
1&#'.1*?2&#'.+&,,$)K.2'.'7$2&:&2-$')&2'#*#'("$3'?"11';'B$K.2'.'h&?$,&')&?&'*2.'
.+&?"2.)"62E ' . ' C$#., ' ($ ' F*$ ' #$ ' 8.11.+.2 ' #$("$2-&# ' ($ ' +*$2. ' 1"-$,.-*,.< ' 41 ' ,*(&'
)&2-,.#-$'($'$#-.'("#)"C1"2.'>,.?.-").1')&2'1&#'?L-&(&#'?*)8&'?H#'.-,.)-"B&#'($1'
C,&:$#&,'($')"$2)".#'F*$'1$#'11$B.+.'C&,'$1').?C&E'1$#'8.+1.+.'($'1&#':6#"1$#';'1$#'
$cC1").+.'1.':&,?.)"62'($'1.')&,-$3.'-$,,$#-,$'-*B&')&?&',$#*1-.(&'1.'"2)1"2.)"62'($'
e#1$,'8.)".'$1'$#-*("&'$2-*#".#-.'($'1.#')"$2)".#';'1.'C,H)-").'($'1.'?$(")"2.<
f2. ' ($#),"C)"62 ' ">*.1?$2-$ ' 1.?$2-.+1$ ' ($ ' 1. ' #"-*.)"62 ' C$(.>6>"). ' ($ ' 1&#'
$#-*("&#'>,"$>&#'$2'1&#'4#-.(&#'f2"(&#'$#'1.'F*$'2&#'&:,$)$'$1'$(*).(&,']")8&1.#'

)%$

S*,,.;'\*-1$,E'F*$').1":").'1.'$2#$%.23.'($'1&#')1H#")&#')&?&'*2.'.)-"B"(.('p#$).'
)&?&'$1'C&1B&q'F*$'$#-*B&'.'C*2-&'($'(.,'.1'-,.#-$'($'?.2$,.'($:"2"-"B.')&2'$1':*-*,&'
($'1&#'$#-*("&#')1H#")&#'$2'$#$'C.K#<'\*-1$,',$)*$,(.'F*$'$1'C,&:$#&,'F*$'&)*C.+.'1.'
)H-$(,.'($'>,"$>&'$2'$1'a&1*?+".'a&11$>$'($']*$B.'s&,j'$2'UXYZ'1$#'8"3&'1$$,'1.'
S)+)"' ($ ' 4*,KC"($# ' "2#"#-"$2(& ' $2 ' 1&# ' ?H# ' ?$2*(&# ' ($-.11$# ' ($ ' 1. ' >,.?H-"). ' ;'
C,$#)"2("$2(& ' ($ ' -&(. ' )&2#"($,.)"62 ' 1"-$,.,". ' & ' $#-L-"). ' 8.#-. ' -.1 ' C*2-& ' F*$ ' 2&'
11$>.,&2'.'#.+$,'2"'$1'.,>*?$2-&'($'1.'&+,.'2"'#*'#">2":").(&'2"'11$>.,&2'.'.C,$)".,E'
C&,'-.2-&E'1.').1"(.('($'#*'.,-$'1"-$,.,"&<'e-,&'"2#">2$'C$(.>&>&'.?$,").2&E'o"11".?'
D;&2'b8$1C#E'($#),"+$'1.'#&?+,K.',$.1"(.('($'1.'f2"B$,#"(.('($'s.1$'.1')&?"$23&'($'
1&#'.%&#'&)8$2-.'($1'#">1&'d5d'$2'1.'F*$E'.'C$#.,'($'8.+$,'-$2"(&'-,$#'8&,.#'($')1.#$'
.'1.'#$?.2.'($(").(.#'.'h&?$,&E'$1'C,&:$#&,'2*2).'8"3&'2"2>*2.'&+#$,B.)"62'#&+,$'
#*'C&$#K.'&'1.'#">2":").)"62 '($'L#-.'C.,.'1"?"-.,#$'.'#&1")"-., '($':&,?. ',*-"2.,".';'
?&26-&2.'.'1&#'.1*?2&#'1.'-,.(*))"62';'1.'$#).2#"62'($'1&#'B$,#&#'$#-*(".(&#<
4#-. '($#.#-,&#. ' #"-*.)"62 ' ($ '1. '$2#$%.23. ' ($1 '>,"$>& '.C1").+1$ '-.?+"L2 ' .1'
1.-K2E'.'1&'1.,>&'($1'#">1&'d5d'C&(,K.',$#*?",#$'$2'1.'.:",?.)"62'($1'$#),"-&,'"2>1L#'
4([.,('M,$($,")'\$2#&2E'F*$'#$'F*$I.'.?.,>.?$2-$'($')6?&'*2.'1$2>*.')&?&'$1'
>,"$>&E'.'1.'F*$').1":").+.')&?&'1.'?H#':1$c"+1$'1.#'1$2>*.#'8*?.2.#E'$,.'$2#$%.(.'
)&?&'#"'2&')&2#"#-"$,.'$2'&-,.')&#.'F*$'$2'*2.'#$,"$'($'#$).#':6,?*1.#'.1>$+,.").#<'
D.'C,$-$2#"62'($')&2B$,-",'$2'*2.')"$2)".'$1'$#-*("&'($1'1.-K2';'$1'>,"$>&':*$'*2.'($'
1.# ' ).*#.# ' F*$ ' C$,?"-$2 ' $cC1")., ' #$?$I.2-$# ' .+$,,.)"&2$#< ' 4#-. ' ),$$2)". ' :*$'
"?C*1#.(.'#&+,$'-&(&'$2'01$?.2".E'(&2($'#$'&,">"26'1.'2*$B.'4&().(95/1%//)2/*-"A(#
=1.')"$2)".'($'1.'02-">l$(.(@E'($:"2"(.'C&,'M,"$(,")8'0*>*#-'o&1:'$2'#*'?.2":"$#-&'($'
UXPYE';'#$'),$6'$1'#"#-$?.'($'$2#$%.23.'#$)*2(.,".';'*2"B$,#"-.,".'F*$'C,"?.+.'$1'
$#-*("& ' ($ ' 1.# ' 1$2>*.# ' )1H#").# ' )&?& ' #* ' C"$(,. ' .2>*1., ' C&, ' &+,. ' ($1 ' ;. ' )"-.(&'
h*?+&1(-<'D.'$:").)".'($1'#"#-$?.'2&').+$'C&2$,1.'$2'(*(.E'.1'?$2&#'$2'1&'F*$'
,$#C$)-. '. '#*# ',$#*1-.(&# '"2?$(".-&#E ';. 'F*$ '($ '$#-.# '$#)*$1.# '#.1"$,&2 ' "1*#-,$#'
+.2F*$,&#E'.>$2-$#'($'+&1#.';'&:")".1$#'($1'$IL,)"-&'F*$'$,.2').C.)$#'($'"?C,&B"#.,'
&C&,-*2.#')"-.#'$2'>,"$>&<'b$,#&2.I$#'($'1.'-.11.'($'v.,1'S.,c':*$,&2'$(*).(&#'$2'
$#-$'#"#-$?.E'1&'F*$'1$'C$,?"-"6'1$$,'$2'>,"$>&'1&#'1"+,&#'#&+,$'1.#'>*$,,.#')"B"1$#'($'
1.'8"#-&,".',&?.2.'($'0C".2&'F*$E'.(&C-.(&#')&?&'1$)-*,.'($').+$)$,.E')&?$2-.+.'
.C.#"&2.(.?$2-$ ' C&, ' ).,-. ' )&2 ' &-,& ' "1*#-,$ ' C$,#&2.I$ ' #.1"(& ' -.?+"L2 ' ($ ' $#-.'
).2-$,.E'#* '.?">& 'M,"$(,")8 '42>$1#< '41 '$#-*("&'(",$)-& '; '#"#-$?H-")& '($'1.'1$2>*.'
>,"$>. ' ;. ' 8.+K. ' #"(& ' C,$)&2"3.(& ' C&, ' 1&# ' >,.2($# ' :"161&>&# ' 8&1.2($#$# ' ($1 ' #">1&'
di555E'h$?#-$,8*;#E'i.1)j$2.$,';'A*82j$2W'#"2'$?+.,>&':*$'$1'C,&;$)-&'.).(L?")&'
$?C,$2("(&'C&,'h*?+&1(-'$'"2#C",.(&'C&,'o&1:'$1'F*$')&2#.>,6'.'01$?.2".')&?&'$1'
.*-L2-")&')$2-,&'($'*2.'-,.2#:&,?.)"62'($)"#"B.'$2'$1'1.,>&'C,&)$#&'($',$1.)"&2$#'
$2-,$'1.'4*,&C.'?&($,2.';'1.'N,$)".'.2-">*.E'$2'$1'F*$'1.'$2#$%.23.'($'1.'1$2>*.'
($#$?C$%6'*2'C.C$1').C"-.1';'C,$C&2($,.2-$<
R"2'$?+.,>&E'.'C$#.,'($'1.',&-*2(.'$:").)".'($'-.1$#'$2#$%.23.#E'+.#.(.#'$2'
$1')&2&)"?"$2-&'C,&:*2(&'($'1.'>,.?H-").';'($1'1Lc")&'*-"1"3.(&#'$2'1&#'-$c-&#E'I*2-&'
)&2'1.#')&,,$#C&2("$2-$#'2&)"&2$#'($'?L-,").';'C,&#&(".E'-&(.BK.'8*+&'F*"$2$#'C&,'
2$)$#"(.('&'"2>$2"&'#$'1.#'B.1"$,&2'C&,'#K'#&1&#'b.,.E':*$,.'($'-.2'?&2*?$2-.1'$'
"?C&2$2-$'.C.,.-&'.).(L?")&E')&2#$>*",'*2')&?C1$-&'(&?"2"&'($1'>,"$>&'F*$'1$#'
C$,?"-K.'?.2$I.,')&2':1*"($3'#*#'-$c-&#'&,">"2.1$#<'41';.'?$2)"&2.(&'o&1:E'B$,(.($,.'
"&5"#5"().' ($1'C,&;$)-&E'#$'I.)-.+.E'$2'1&'F*$'C*(&'?*;'+"$2'8.+$,'#"(&'#61&'*2'
"2-$2-&'($':&,I.,'#*'C,&C".'1$;$2(.E'($'8.+$,'.C,$2("(&'>,"$>&'$2').#.E':*$,.'($1'
B352"/%95E '. '*2. ' -"$,2. '$(.(E 'B.1"L2(&#$ '-.2 '#61& ' ($ ' #*# ' 1$)-*,.#< ' M*$#$ '& ' 2&'
B$,(.($,. ' (")8. ' C,$-$2#"62E ' 1& ' )"$,-& ' $# ' F*$ ' . ' 1. ' $(.( ' ($ ' O^ ' .%&# ' &+-*B& ' *2.'

)%%

)H-$(,.'$2'1.'f2"B$,#"(.('($'h.11$';E')&?&'C,&:$#&,'&,">"2.1';'+,"11.2-$'F*$'$,.E'#$'
)&2B",-"6'C,&2-&'$2'*2.'B$,(.($,.'1$;$2(.'2.)"&2.1')*;&'C&($,&#&'"2:1*I&'#$'($I6'
#$2-",'$2'C$,#&2.1"(.($#'-.2'($#-.).(.#')&?&'N&$-8$E'F*$'$#)*)8.+.'.1'C.,$)$,'
#*#'1$))"&2$#'&)*1-&'-,.#'*2.')&,-"2.<'b$,&'$1'$I$?C1&'F*"3H'?H#')L1$+,$'($'$#-$'
.:H2'.*-&("(.)-.'$2'$1'.C,$2("3.I$'($1'>,"$>&'$#'$1'($'R)81"$?.22E'F*$':*$').C.3'($'
(&?"2.,'(")8.'1$2>*.'?$(".2-$'#*')*,"&#&'?L-&(&E')&2#"#-$2-$'$2'1$$,'$2'B&3'.1-.'
-$c-&#'+"1"2>l$#'F*$'1*$>&'.C,$2(K.'($'?$?&,".E',$-$2"$2(&'.#K'($':&,?.'?$)H2").'
1.#'$#-,*)-*,.#'#"2-H)-").#';'1&#'*#&#'>,.?.-").1$#'($'1.'1$2>*.'$2')*$#-"62<'42'1.'
1"-$,.-*,. ' 8.>"&>,H:").E ' 8H+"1?$2-$ ' C,&?&)"&2.(. ' C&, ' $1 ' C,&C"& ' R)81"$?.22 ' ;'
,$:&,3.(.'($#C*L#'C&,'1&#'$2#.;&#'+"&>,H:")&#'($').,H)-$,'1.*(.-&,"&';'8.#-.'8$,&")&'
($'a.,1'R)8*)88.,(-';'4?"1'D*([">E'#$'8.'(":*2("(&'1.'"?.>$2'($'*2'"2("B"(*&'F*$'
($)"("6'C&#-$,>.,'#*'.C,$2("3.I$'($1'>,"$>&'pC&,'-$?&,'($'F*$'$1'$2).2-&'($'$#.'
1$2>*.'?.,.B"11&#.'?$'.+#&,+"$,.'($?.#".(&';'?$'8")"$,.'($#)*"(.,'?"#'.)-"B"(.($#'
?$,).2-"1$#qE ' C.,. ' ($(").,#$ ' ($#C*L# ' C&, ' )&?C1$-& ' . ' L1 ' *2. ' B$3 ' C.#.(&# ' 1&#'
-$?&,$#'#*#)"-.(&#'C&,'1.'>*$,,.'($'a,"?$.'F*$'C&(K.2'.:$)-.,'#$,".?$2-$'.'#*#'
"2-$,$#$#')&?$,)".1$#<'42'-,$#'?$#$#')&2#">*"6'$1'(&?"2"&'#*:")"$2-$'C.,.'C&($,'1$$,'
.'1&#'.*-&,$#'.2-">*&#';'$2'C.,-")*1.,'.'h&?$,&E')*;.',$C$-"(.'1$)-*,.'1$'&)*C6'1&#'
(&#'.%&#'#">*"$2-$#<'42'#* '49('$%'B."AF"' .:",?.'&,>*11&#&'2&'8.+$,'C$,("(&'2"'*2'
"2#-.2-$ ' $2 ' $1 ' $#-*("& ' ($ ' 1.# ' ,$>1.# ' >,.?.-").1$# ' C&, ' 8.+$, ' )&?C,&+.(& ' F*$ ' $1'
?L-&(&'#$>*"(&'$2'1&#'>"?2.#"&#E')&2#"#-$2-$'#$>J2'R)81"$?.22'$2'.-&,?$2-.,'.'
1&# ' ?*)8.)8&# ' . ' 1& ' 1.,>& ' ($ ' &)8& ' & ' ?H# ' .%&# ' )&2 ' -.2 ' .+*,,"(.# ' 2&,?.#E ' 2&'
)&2#$>*K.'F*$':*$,.2'($#C*L#').C.)$#'($'$#),"+",'*2.').,-.'$2'>,"$>&'#"2')&?$-$,'
)"$2-&# ' ($ ' :.1-.#< ' 42 ' #* ' &C"2"62 ' #61& ' 1. ' 1$)-*,. ' .-$2-. ' ($ ' 1. ' C,&#. ' )1H#").E'
.C,$2("$2(& ' ($ ' ?$?&,". ' -,&3&# ' $#)&>"(&# ' )&?& ' ?*$#-,.E ' C&(K. ' C,&C&,)"&2., ' *2'
)&2&)"?"$2-&':*2(.?$2-.1'($'1.'>,.?H-").'>,"$>.<'0#KE'.?C.,.(&'$2'$#-$'?L-&(&'
F*$'$F*"C.,.+.'$1'>,"$>&'.2-">*&'.'*2.'1$2>*.'B"B.E'R)81"$?.22'.:",?.+.'F*$'11$>6'
. ' $#),"+", ' )&2 ' $2-$,. ' #&1-*,. ' $2 ' (")8. ' 1$2>*. ' ; ' F*$ ' C&#$;6 ' *2 ' )&?C1$-&'
)&2&)"?"$2-& '($'#*#',$>1.#'>,.?.-").1$# '$2'1.'C,H)-").E '#"2'F*$'-*B"$,.'1.'?$2&,'
)&2)"$2)".'($'#*'$c"#-$2)".')&?&'-.1$#',$>1.#'$2'1.#'>,.?H-").#'2&,?.-"B.#<'4,.E'2&'
&+#-.2-$E').C.3E')&2-"2J.'C,&)1.?.2(&'&,>*11&#&E'($')"-.,'($'?$?&,".'C.#.I$#'$2'
>,"$>&'F*$')&2-$2K.2'(")8&#'*#&#'1"2>lK#-")&#<
41'.C,$2("3.I$'($1'>,"$>&';'1.')&2#$)*)"62'($'*2'(&?"2"&'($'1.'1$2>*.'F*$'
C$,?"-"$,. ' )&?C,$2($, ' )&2 ' :.)"1"(.( ' 1&# ' -$c-&# ' &,">"2.1$# ' $#-*B"$,&2 ' #"$?C,$'
$#-,$)8.?$2-$'1">.(&#'.'1.'1$)-*,.')&2#-.2-$';')&2-"2*.(.'($'1&#'.*-&,$#')1H#")&#<'
D&# ' ?L-&(&# ' ($ ' $2#$%.23. ' 2& ' #$ ' ).,.)-$,"3.+.2 ' C&, ' #* ' $:").)". ' ("(H)-"). ' ; ' 1&#'
"2#-,*?$2-&#'$c"#-$2-$#E'#&+,$'-&(&'>,.?H-").#';'1Lc")&#E'2&')&2#-"-*K.2'#"$?C,$'1&#'
)&?C.%$,&#'?H#'.($)*.(&#'C.,.')*1?"2.,':$1"3?$2-$'(")8.'.2(.(*,.<'D.')&2-"2*.'
?$?&,"3.)"62 ' ($ ' ,$>1.# ' ; ' :&,?.# ' >,.?.-").1$# ' ; ' $1 ' "2-$,?"2.+1$ ' .2H1"#"# ' ($ ' 1.'
)&2#-,*))"62'($'1&#'-$c-&#E')&2),$-.(&'$2'1.'($-$,?"2.)"62'($'1.'$-"?&1&>K.E'1.':&,?.'
>,.?.-").1 ' ; ' 1. ' :*2)"62 ' ,$-6,"). ' ($ ' ).(. ' *2. '($ ' 1.# ' C.1.+,.# ' F*$ ' 1&# ' )&?C&2$2E'
)&2B$,-K.2'1&#')*,#&#'($'>,"$>&'F*$'#$'"?C.,-K.2'$2'$#)*$1.#';'*2"B$,#"(.($#'$2'*2'
).?"2&'$c.#C$,.2-$?$2-$'1$2-&'F*$'2&'.).+.+.'2*2).'($')&1?.,'1.#'$cC$)-.-"B.#'
($ ' F*"$2$# ' #$ ' $?+.,).+.2 ' $2 ' $11&#< ' D.# ' C,$&)*C.)"&2$# ' ?&,.1$# ' F*$ ' C&(K.2'
($,"B.,#$'($'1.'1$)-*,.'($'1&#'-$c-&#E')&?&'1.'2$)$#"(.('($'$B"-.,'1.'#&+$,+".'$2'*2'
C.#.I$'($'h$#K&(&'($'#61&'^`'B$,#&#E'F*$'&)*C6E'#"2'$?+.,>&E'.'*2'C,&:$#&,'($'*2.'
$#)*$1. ' .1$?.2. ' ($ ' :"2.1$# ' ($1 ' di55 ' 2.(. ' ?$2&# ' F*$ ' -,$# ' 1.,>&# ' ?$#$#E ' :*$,&2'
#*#-"-*"(.#'($#C*L#'C&,'&-,.#'($').,H)-$,'?H#'8"#-6,")&'&'1"2>lK#-")&E'#&+,$'-&(&'-,.#'
$1'-,"*2:&'($'1.'>,.?H-").'8"#-6,").'.'1&'1.,>&'($1'd5dE'F*$'C&2K.2'$1'.)$2-&'$2'1.'

)%&

C,&C". ' >L2$#"# ' ($ ' 1.# ' C.1.+,.# ' )&2 ' #* ' #$)*$1. ' ($ ' -,.2#:&,?.)"&2$# ' :&2L-").# ' ;'
?&,:&16>").#<'b$,&').#"'2*2).'1&#'$#:*$,3&#'C.,.'$2-$2($,'1.':&,?.';'$1')&2-$2"(&'
)*1?"2.,&2'$2'*2'.)$,).?"$2-&'?H#'*2"-.,"&';')&&,("2.(&'.'1&#'-$c-&#'F*$'$2:&).,.'
$1'$#-*("&'($'1.'1$2>*.';'($'1.')*1-*,.'>,"$>.'($'*2.':&,?.')&8$,$2-$';'.,?62").<
D&#'>,.2($#'$#-*("&#&#'($'1.':"1&1&>K.')1H#").'2&'C,$#-.,&2'F*"3HE').#"'2*2).E'
1. ' #*:")"$2-$ ' .-$2)"62 ' . ' 1. ' B$,-"$2-$ ' ("(H)-"). ' ($ ' #* ' ?.-$,".< ' 4#-.+.2 ' #&+,$ ' -&(&'
"2-$,$#.(&#'_&+#$#"&2.(&#E'C&(,K.'($)",#$'"2)1*#&_'C&,'$1'),$)"?"$2-&')&2#-.2-$'
($ ' 1. ' "2:&,?.)"62E ' F*$ ' "+. ' .)*?*1H2(&#$ ' ($ ' ?.2$,. ' $#C$)-.)*1., ' )&2 ' 1&#'
($#)*+,"?"$2-&#'.,F*$&16>")&#E'$C">,H:")&#';'C.C",&16>")&#'11$B.(&#'.').+&'.'1&'1.,>&'
($1'#">1&'d5d';'$c">K.'#*').-.1&>.)"62';')1.#":").)"62'$c8.*#-"B.#<'D$#'C,$&)*C.+.'
">*.1?$2-$'1.')&2#&1"(.)"62'($'#*'$#C$)".1"(.('($2-,&'($1'H?+"-&'($'1.#'("#)"C1"2.#'
.).(L?").#' ;')"$2-K:").#E '?$(".2-$ '1. '"?C&2$2-$ ' $c8"+")"62 '($'-&(. '*2. '#$,"$ '($'
$(")"&2$#E'$#-*("&#';'>,.2($#'&+,.#'$2)")1&CL(").#'F*$'1$#'&-&,>.+.2'$1'C,$#-">"&';'
1.'1$>"-"?.)"62'.:.2&#.?$2-$'C$,#$>*"(&#<'b&,'1&'>$2$,.1'($(").,&2'-&(&'#*'B.1"&#&'
-"$?C&'.')&1$))"&2.,'?.2*#),"-&#E'.'$2?$2(.,'#*#'-$c-&#';'.'$("-.,'1&#'(":$,$2-$#'
.*-&,$#'($'1.'?.2$,.'?H#')&,,$)-.'&'.'$1.+&,.,'$2I*2("&#&#';'$,*("-&#')&?$2-.,"&#'
. ' 1.# ' &+,.# ' ;. ' $("-.(.#E ' F*$ ' #$>*K.2 ' C*2-*.1?$2-$ ' $1 ' )*,#& ' ($1 ' -$c-& ' .C&,-.2(&'
"2-$,C,$-.)"&2$#'($'1&#'-L,?"2&#'*#.(&#';'($'1&#'C.#.I$#'$2')&2I*2-&'&'("#)*-"$2(&';'
($#.,+&1.2(&'"2-$2-&#'C,$)$($2-$#'($'&-,&#')&1$>.#';')&?C$-"(&,$#<'h.;'.1>*2.#'
$c)$C)"&2$#'F*$')&2:",?.2'1.',$>1.',$B$1.2(&')"$,-.'C,$&)*C.)"62'("(H)-").E')&?&'1.'
($1 ' :"161&>& ' .1$?H2 ' 7&8.22 ' S.-8".# ' N$#2$,E ' F*$ ' $I$,)"6 ' #* ' ?.>"#-$,"& ' $2 ' 1.'
f2"B$,#"(.('($'N&--"2>$2'$2'1.'C,"?$,.'?"-.('($1'di555';'-,.-6E'.1'C.,$)$,E'($':&,?.,'
?.$#-,&#'$:").)$#'$'"2-$1">$2-$#'?H#'F*$':"161&>&#').,>.(&#'($'$,*(")"62E')&?&'$,.'
1.')&#-*?+,$'($'1.'LC&).<'S$(".2-$'1.'1$)-*,.')&2-"2*.(.'($'*2'?"#?&'.*-&,E'#"2'1.#'
"2-$,,*C)"&2$#'C$(.2-$#'C,&B&).(.#'C&,'1.#'&+#$,B.)"&2$#'>,.?.-").1$#'?"2*)"&#.#E'
C,$-$2(K.'$(*).,'$1'I*")"&';'$1'+*$2'>*#-&'($'1&#'I6B$2$#'.2"?H2(&1$#'.').C-.,'1.#'
)*.1"(.($#'K2-"?.#'($'1&#'.*-&,$#'1$K(&#<'R*'?L-&(&E')&2-,.,"&'.1'$2-&2)$#'B">$2-$'
$2 ' -&(.# ' C.,-$#E ' ).,.)-$,"3.(& ' C&, ' 1. ' $#)1.B"-*( ' >,.?.-").1E ' ?$,$)"6 ' 1&# ' $1&>"&#'
$2)$2("(&#'($'h$,($,E')&2B"2"$2(&')&2'N$#2$,'$2'#*')&2($2.'?H#'F*$'.C.,$2-$'($'
1. ' ($C,"?$2-$ ' ; ' :.-">&#. ' ?.2$,. ' ($ ' 1$$, ' 1&# ' -$c-&# ' .2-">*&# ' F*$ ' "?C$,.+. ' $2 ' 1.'
$2#$%.23.'($'1.'LC&).<

<10"#'#)'+4#P*'(')&'"#&)%/&/

41'.:H2'C&,'(&?"2.,'1.'1$2>*.'>,"$>.';')&2&)$,'.':&2(&'1.'1"-$,.-*,.'.2-">*.'
($I6'#*'8*$11.'$2'1.'#.1*('($'?*)8&#'F*$'1&'"2-$2-.,&2<'o"2)j$1?.22'1$K.'>,"$>&'
8.#-.'?$(".2&)8$E'.,,&C.(&'-.2'#61&')&2'*2.'?.2-.'I*2-&'.'1.')8"?$2$.E';'(&,?K.'
($#C*L#'8.#-.'1.#'^'#$2-.(&'$2'*2.'#"11.<'a*.2(&'($#C$,-.+.')&2-"2*.+.'#*'$#-*("&'
8.#-.'1.#'`'$'"2")".+.'($#C*L#E')&?&'#"'-.1')&#.E'#*#'.)-"B"(.($#')&-"(".2.#')&?&'
?.$#-,&'($'C,"?$,.#'1$-,.#<'42'B$,.2&'C,&)$(K.'($'?.2$,.'#"?"1.,E'-*?+H2(&#$'$#-.'
B$3'#&+,$'*2'+.2)&'($'?.($,.')&2'C$(.3&#'($'$#-$'?"#?&'?.-$,".1'.-.(&#'.'1&#'
C"$#'C.,.'F*$E'.1'?&B$,#$E'1$'($#C$,-.,.2')&2'$1',*"(&<'41':"161&>&'.1$?H2'a8,"#-".2'
N&--1&+ 'h$;2$E'F*$ ',$2&B6')&2'#*# '?L-&(&# '$1'$#-*("& '($' 1. '02-">l$(.( '>,"$>.E'
-,.-.2(& ' ($ ' )&?+"2., ' ; ' .,?&2"3., ' $1 ' $#-*("& ' ($ ' 1&# ' -$c-&# ' )&2 ' $1 ' ($ ' 1&# ' ,$#-&#'

)%'

?.-$,".1$#E'(&,?K.'#61&'(&#'2&)8$#'.'1.'#$?.2.'(*,.2-$'#$"#'?$#$#'$2'#*'"2-$2-&'
C&,'1$$,'-&(&#'1&#'.*-&,$#')1H#")&#'-.2'($C,"#.')&?&'1$'$,.'C&#"+1$<'R*#'"?C&2$2-$#'
#.),":")"&#'#$'B"$,&2'C,$?".(&#')&2'$1'-,.+.I&')&?&')&C"#-.'$2'1.'+"+1"&-$).'($1')&2($'
\,l81E'(&2($').#"'#$'($I6'1.'B"#-.E'C*("$2(&'-.2'#61&'B"#1*?+,.,'.'(*,.#'C$2.#'1.#'
"?H>$2$# ' .,-K#-").# ' F*$ ' "1*#-,.+.2 ' #*# ' 1$))"&2$# ' $2 ' 1&# ' J1-"?&# ' .%&# ' ($ ' #* ' B"(.'
(&)$2-$< ' o&1:E ' #">*"$2(& ' 1&# ' C.#&# ' ($1 ' ?.$#-,&E ' 8.+"1"-6 ' 1&# ' ?L-&(&# ' ?H#'
("#C.,.-.(&#'C.,.'2&'(&,?",E')&?&'#*?$,>",'1&#'C"$#'$2'*2'+.,,$%&'($'.>*.':,K.'&'
B$2(.,#$ '*2 '&I& ' C.,. 'F*$ '($#).2#.,. ' ?"$2-,.# ')&2)$2-,.+. '-&(. '1. '.)-"B"(.( '($'
1$)-*,.'$2'$1'&-,&<'s.'$2'1.'*2"B$,#"(.('&)*C.+.'1.'?K2"?.'C.,-$'($'#*'-"$?C&'$2'1.#'
.)-"B"(.($#')&-"(".2.#')&?&'B$#-",#$';',$)8.3.+.')*.1F*"$,'-"C&'($'("#-,.))"62E'*2.'
.)-"-*('B"-.1'F*$'-,.#'1&#'C,"?$,&#'.%&#'$#-*B&'.'C*2-&'($')&#-.,1$'1.'#.1*(';'1.'B"(.<
42'&-,&#').#&#'1.#')&#.#'#$'8")"$,&2'($':&,?.'?*)8&'?H#'2.-*,.1E')&?&'1$'
#*)$("6'.'N"++&2E'$1')L1$+,$'8"#-&,".(&,'"2>1L#'($1'di555'F*$':*$'.*-&,'($'1.':.?&#.'
8"#-&,". ' #&+,$ ' 1. ' ($).($2)". ' ($1 ' "?C$,"& ' ,&?.2&< ' R*# ' .2#".# ' C&, ' .C,$2($, ' 1.#'
1$2>*.#')1H#").#E'F*$'$I$,)"-6'(*,.2-$'#*'$#-.2)".'$2'D.*#.2.E'1.#'#*C&'(&#":").,'
.($)*.(.?$2-$ ' ; ' #&1B$2-6 ' #*# ' ($#$&# ' ($ ' .?C1"., ' #* ' -"$?C& ' )&2 ' 1. ' #.1*(.+1$'
)&#-*?+,$ ' ($ ' 1$B.2-.,#$ ' -$?C,.2& ' #"2 ' F*$E ' )&?& ' L1 ' ?"#?& ' )&2:"$#. ' $2 ' #*'
49('$%'B."AF"E'#$'($I.,.'#$(*)",'C&,'1.'-$2-.)"62'($'"2B.(",'1.#'8&,.#'($'1.'2&)8$E'1&'
F*$',$#*1-6'#$,E'.'1.'C&#-,$E'p*2.'#*$,-$'C.,.'?"#'&I&#';'C.,.'?"'#.1*(q<'e#).,'o"1($E'
F*$'C&#$K.'*2.'?$?&,".'$c-,.&,("2.,".';'.C,$2(K.')&2':.)"1"(.('-&(&'.F*$11&'F*$'1$'
"2-$,$#.+.E'.(F*","6'#*'$2-*#".#?&'C&,'1.'N,$)".'.2-">*.';'$1'$#-*("&'($'#*'1$2>*.'
"?C*1#.(& ' C&, ' 1. ' .:"2"(.( ' $#C","-*.1 ' $cC$,"?$2-.(. ' )&2 ' #* ' -*-&, ' $2 ' !*+1K2E ' $1'
,$B$,$2(& ' #", ' 7&82 ' b$2-1.2( ' S.8.::;E ' )*;.# ' $2#$%.23.# ' ; ' &,"$2-.)"&2$# ' $2 ' $#-$'
-$,,$2&'2*2).'11$>6'.'&1B"(.,E'#$>J2',$B$1.'$2'*2.').,-.'(",">"(.'.'S.8.::;')*.2(&';.'
#$ ' 8.11.+. ' $2 ' 1. ' f2"B$,#"(.( ' ($ ' ec:&,(<'T.?C&)& ' C.,$)$ ' F*$ ' $1 ' .C,$2("3.I$ ' ($1'
>,"$>&',$#*1-.,.'*2'8$)8&'-,.*?H-")&'C.,.'7&82'R-*.,-'S"11E'*2.'($'1.#':">*,.#'?H#'
($#-.).(.#'($1'C.2&,.?.'C&1K-")&'$'"2-$1$)-*.1'($'1.'52>1.-$,,.'($1'#">1&'d5dE'F*$'#$'
"2")"6'$2'$1'-$?.'.'1.')&,-.'$(.('($'Q'.%&#E'>*".(&'C&,'$1'.:H2'(&)$2-$'($'#*'C.(,$E'
F*$'1$'8.)K.'.C,$2($,'($'?$?&,".'*2.'1"#-.'($'1&#'-L,?"2&#'>,"$>&#'?H#')&?*2$#<'0'
1. ' $(.( ' ($ ' X ' .%&# ' ;. ' 8.+K. ' 1$K(& ' . ' h$,6(&-&E ' .1>*2.# ' &+,.# ' ($ ' 7$2&:&2-$E ' 1&#'
C,"?$,&#'("H1&>&#'($'b1.-62E'.1>*2.#'B"(.#'($'!"6>$2$#'D.$,)"&';'C.,-$'($'D*)".2&<'
R"2 ' $?+.,>&E ' $2 ' #* '49('$%'B."AF"' ,$)*$,(. ' )&2 ' -$,2*,. ' .F*$11&# ' ?&?$2-&#E'
?&#-,.2(&'.($?H#'#*'?H#'C.-$2-$'.>,.($)"?"$2-&'8.)".'1&#'($#B$1&#'C.-$,2&#'F*$'
+*#).+.2'?$I&,.,'1.':&,?.)"62'($'#*'8"I&'$2'-&(.#'1.#':.)$-.#<'41'C.#&'($1'-"$?C&'2&'
1$ ' 8"3& ' 1.?$2-., ' .F*$11&# ' -$?C,.2&# ' $#:*$,3&# ' #"2& ' -&(& ' 1& ' )&2-,.,"&E ' C*$#'
)&2-,"+*;$,&2 ' ($ ' ?.2$,. ' ($#-.).(. ' . ' )"?$2-., ' #* ' .(?",.)"62 ' C&, ' 1&# ' .*-&,$#'
>,"$>&# ' ?H# ' ($#-.).(&#E ' . ' )*;. ' 1$)-*,. ' #$ ' $2-,$>6 ' ?H# ' -.,($ ' ($ ' :&,?. ' ?H#'
)&2#)"$2-$';'#&#$>.(.<
b$,&E'($I.2(&'.C.,-$'$#-&#').#&#')1.,.?$2-$'$c)$C)"&2.1$#E'$1'8$)8&')"$,-&'
$#'F*$'$1'.C,$2("3.I$'($'1.'1$2>*.'>,"$>.'8.'#"(&'#"$?C,$'*2'C,&)$#&'1.,>&';'(":K)"1E'
$2'-"$?C&';'$2$,>K.#E'F*$'2&'-&(&#'1&#'F*$'1&'8.2'$?C,$2("(&'8.2'#.+"(&'B.1&,.,'($'
1.'?"#?.'?.2$,.<'01>*2&#E')&?&'4,.#?&'($'A&--$,(.?E'1&'8")"$,&2'"?C*1#.(&#'C&,'
1. ' 2$)$#"(.( ' ($ ' 1$$, ' 1.# ' R.>,.(.# ' 4#),"-*,.#< ' 41 ' )$1& ' $2-*#".#-. ' ($1 ' )L1$+,$'
8*?.2"#-.'8&1.2(L#'2&'1$'"?C"("6',$)&2&)$,'.+"$,-.?$2-$'1.#'>,.2($#'(":")*1-.($#'
F*$'$2-,.%.+.'1.'$?C,$#.<'e-,&#E'C&,'8.11.,#$'"2)1*"(&'$2'$1').?"2&'"2$#).C.+1$'($'
#*':&,?.)"62'.).(L?").E')&?&':*$'$1').#&'($'!$#).,-$#E'F*$'1&'.C,$2("6'$2'$1')*,#&'
($'#*#'$#-*("&#'C$,&'#$'I.)-.+.'1*$>&'($'8.+$,1&'&1B"(.(&'C&,')&?C1$-&<'01>*2&#'1&'
11$>.,&2'.'(&?"2.,')&2'$c)$1$2-$#',$#*1-.(&#E')&?&':*$'$1').#&'($'!$2"#'!"($,&-E'$1'

)%(

)L1$+,$'C$2#.(&,':,.2)L#'F*$':*$'$1'C,"2)"C.1'$("-&,'($'1.'H2*3+'6)+%)E'F*"$2'C&(K.'
1$$,'.'h&?$,&'$2'$1'&,">"2.1';'$,.').C.3'($'.C,$)".,'1.'C&$#K.'($'4#F*"1&'$2'*2.'
LC&).'$2'1.'F*$'$1'.*-&,'-,H>")&'.-$2"$2#$'$,.'C&)&'B.1&,.(&'.').*#.'($'#*'$2&,?$'
(":")*1-.('1"2>lK#-").<
D. ' (":")*1-.( ' F*$ ' $2-,.%.+. ' $1 ' .C,$2("3.I$ ' ($1 ' >,"$>& ' 1. ' $cC*#& ' ;. ' $2 ' #*'
?&?$2-&'M,.2)$#)&'b,"#)".2$#$E'.*-&,'($'*2.'>,.?H-").'1.-"2.'C*+1").(.'$2'A&?.'
$2 ' UV^PE ' F*$ ' ($)1.,.+. ' F*$ ' $1 ' 1.-K2 ' ; ' $1 ' >,"$>& ' $c">K.2 ' ?*)8&# ' ?H# ' #*(&,$# ' ;'
$?C$%&'F*$'*2.'1$2>*.'?&($,2.E'F*$'C&(K.'.(F*",",#$')&2'C&)&'$#:*$,3&';'$2'*2'
C1.3& ' ($ ' -"$?C& ' ?*)8& ' ?H# ' ,.3&2.+1$< ' b,"#)".2$#$ ' "2(").+. ' )&?& ' *2. ' ($ ' 1.#'
,.3&2$# ' $1 ' 8$)8& ' ($ ' F*$ ' -.2-& ' 1&# ' >,.?H-")&# ' .2-">*&# ' )&?& ' 1&# ' ?H# ' ,$)"$2-$#'
#&1K.2'$2#$%.,'.'#*#'("#)KC*1&#'?H#'>,.?H-").'F*$'1$2>*.<'4#-.'-$2($2)".',$)"+"6'
)&2#-.2-$#'B.,.C.1&#'$2'$1'A$2.)"?"$2-&E'C$,&'2"2>J2'8*?.2"#-.'#$'C,&C*#&'(.,'
*2.'#&1*)"62'.1'C,&+1$?.';'1&#'?.2*.1$#'($'1.'LC&).')&2-"2*.,&2'$2'$#-$'.#C$)-&'.'
#*#'.2-$)$#&,$#'?$("$B.1$#E'>*".(&#'?H#'C&,')&2#"($,.)"&2$#':"1&#6:").#'#&+,$'1.'
$#-,*)-*,. ' ($1 ' 1$2>*.I$ ' F*$ ' C&, ' ),"-$,"&# ' ?H# ' ($:"2"(&# ' . ' 1. ' 8&,. ' ($ ' .+&,(., ' 1.'
$2#$%.23.E ' "2(").2(& ' F*L ' )&2-$2"(&# ' ($+K.2 ' .C,$2($,#$ ' .2-$# ' F*$ ' &-,&# ' C.,.'
)&2#$>*", ' *2. ' ?$I&, ' ; ' ?H# ' :H)"1 ' .#"?"1.)"62 ' ($ ' 1. ' 1$2>*.< ' 4,.#?& ' .(?"-K. ' 1.'
$c"#-$2)".'($',$>1.#'>,.?.-").1$#E'C$,&'($#$.+.'F*$'L#-.#':*$,.2'1.#'?K2"?.#E'C*$#'
p2*2).'8$'(.(&'?"'.C,&+.)"62'.'1&#'>,.?H-")&#'?$("&),$#'F*$'C.#.2'1.,>&#'.%&#'
"2)*1).2(&'2&,?.#'.'#*#'("#)KC*1&#qE'-.1';')&?&'.:",?.'$2'#*'&+,.'R'$.)#)&#58('+'#
+)#)/(9+%'<
D.')&#.#'2&'8.2'B.,".(&'($':&,?.'#*#-.2)".1'$2'1&#'-"$?C&#'C&#-$,"&,$#'8.#-.'
LC&).#'+"$2',$)"$2-$#<'D.#'#*+#">*"$2-$#'>,.?H-").#'($'1.'1$2>*.'>,"$>.'F*$'8.2'"(&'
.)*?*1H2(&#$')&2'$1'C.#&'($1'-"$?C&'8.2'.(&1$)"(&'($'1&#'?"#?&#'($:$)-&#'$2'$#-$'
-$,,$2&E'#"'+"$2'"+.2'.?C1".2(&'&'$2,"F*$)"$2(&'1&#'.#C$)-&#'1"2>lK#-")&#'$2':*2)"62'
($'1.#'2*$B.#'-$2($2)".#'F*$'"+.2'.+,"L2(&#$'C.#&'$2'$#-$').?C&'($'$#-*("&#<'D.'
?H#'*-"1"3.(.'$2'1.'?.;&,K.'($'1&#'1"+,&#'$#)&1.,$#'8.'#"(&'1.'>,.?H-").')&?C.,.(.'
"2(&$*,&C$.E'.*2F*$'.C1").(.'$2':&,?.-&'?$2&,E')&?&',$)&2&)"6'$2'#*'(K.'D.##&'
($'1.'i$>.<'R"'#$'?$'C$,?"-$'1.'1")$2)".'($'1.'?$?&,".'C$,#&2.1E'-*B$'1.'&C&,-*2"(.('
.':"2.1$#'($'1&#'#$-$2-.'($1'#">1&'dd'($'.#"#-",')&?&'-,"+*2.1'($'C,&:$#&,$#'($'>,"$>&'
$2'C,H)-").#'.'*2.'$cC1").)"62'($1'"2($:"2"(&'$2'-&(.',$>1.'F*$'#$',$?&2-.+.'.'#*#'
&,K>$2$#'"2(&$*,&C$&#E'.2-$'$1'.#&?+,&'($'*2'.1*?2.(&'F*$'.#"#-K.'F*"3H'C$,C1$I&'
.2-$'$1'($#C1"$>*$'?.>2K:")&'($'#$?$I.2-$'$,*(")"62<
b&)&'.2-$#'($'1.'b,"?$,.'N*$,,.'S*2(".1'1&#'C,"2)"C.1$#'1"2>l"#-.#')1H#")&#'#$'
C,$&)*C.,&2'($'1&#'C,&+1$?.#'($'1.'$2#$%.23.'$1$?$2-.1';'#$'C*+1").,&2'*2.'#$,"$'
($'&+,.#'?*;'#">2":").-"B.#'$2'$#-$'-$,,$2&')&?&'1.#'($'\,*>?.22E '!"#)2/)_"2N"#
)2#)&#P%52"/%'#+)#&"/#+'/#&)2B9"/#*&?/%*"/';'1.'&%2B[F/(%*"E'.C.,$)"(.'$2'4#-,.#+*,>&'
$2'UXXVE'R&??$,';'#*# '4*&"."*%'2)/#-%/(;.%*'J&%2B9F/(%*"/' C.,.'1.'$2#$%.23.'($1'
>,"$>&E'C*+1").(.'$2'\$,1K2'$2'UZUZE'&'1.'($'h$,?.22E'!"#&%2B[F/(%*"#3#&"#)2/)_"2N"E'
$2'N6--"2>$2'$2'UZOO<'01>*2&#'"2-$2-&#'?H#'($'"2-,&(*)",'$2'1.'$2#$%.23.'($'1.#'
1$2>*.#')1H#").#';'C.,-")*1.,?$2-$'($1'>,"$>&'1&#'2*$B&#'.B.2)$#')&2#$>*"(&#'$2'1.'
1"2>lK#-").'>$2$,.1'#$'8.2'11$B.(&'.').+&'C&#-$,"&,?$2-$E'C$,&'#*'"2)"($2)".'>$2$,.1'
8. ' #"(& ' ?H# ' +"$2 ' $#).#.E ' C$,?.2$)"$2(& ' ?H# ' +"$2 ' )&?& ' 8$)8&# ' ."#1.(&#< ' D.'
?.;&,K.'($'1.#'>,.?H-").#';'($'1&#'-$c-&#'$#)&1.,$#'*-"1"3.(&#'C.,.'1.'$2#$%.23.'($1'
>,"$>&'8.2')&2-"2*.(&'("#)*,,"$2(&'C&,'1.#'1K2$.#'?H#'-,.(")"&2.1$#')&2#"#-$2-$#'$2'
1.'$cC&#")"62'?H#'&'?$2&#',">*,&#.'($'1.'2&,?.-"B.'>,.?.-").1E'($#C1$>.(.')&2'*2.'
?.;&,'&'?$2&,'+.-$,K.'($'$I$?C1&#'.C1").(&#<'D.':.1-.'($'*2'?L-&(&'*2"B$,#.1?$2-$'
BH1"(&';'1.')&2-"2*.'B.,".)"62'($'1&#'C1.2$#'($'$#-*("&'8.2'($,"B.(&'$2'1.'.C.,")"62'

)&*

,$"-$,.(.'($'(":$,$2-$#'C,&C*$#-.#'("(H)-").#E'-&(.#'$11.#'?*;'#"?"1.,$#'$2'$1':&2(&E'
F*$'$2'$1'J1-"?&'#">1&'8.2'.1).23.(&'1.'?H#'F*$',$#C$-.+1$')":,.'($')"$2E'#$>J2'
,$)&>$ ' $2 ' #* ' $#-*("& ' $c8.*#-"B& ' ($1 ' -$?. ' 02-&2"& ' ].B.,,$-$ ' e,)$,.< ' D.'
&?2"C,$#$2)".'($'1.'>,.?H-").'>,"$>.'($'7.*?$'\$,$2>*$,'0?$2&#')&?&'?&($1&'
C,H)-").?$2-$'"2#*#-"-*"+1$'($2-,&'($1'C.2&,.?.'8"#CH2")&E')&2-"2*.?$2-$',$$("-.(.'
;'.($)*.(.')&2'?H#'&'?$2&#',$-&F*$#'.'1&#'2*$B&#'1"+,&#'($'-$c-&E')&2#-"-*;$'1.'
?$I&,'"1*#-,.)"62'($'$#-.')&2-"2*"(.('.'1.'F*$'2&#'$#-.?&#',$:","$2(&<
R"2'$?+.,>&E'$#')"$,-&'F*$'#$'8.'B$2"(&'&+#$,B.2(&'*2.')"$,-.'-$2($2)".E'.'
B$)$#'?*;')1.,.E'.':.B&,'($'*2'#"#-$?.'($'$2#$%.23.'($1'>,"$>&'F*$'"2-$2-.'"2B$,-",'
$1'&,($2'-,.(")"&2.1'($'1&#':.)-&,$#E'$#'($)",E'2&'"2")".,'$1'$#-*("&'($'1.'#&?H-").';'#*#'
,$>1.# ' C.,. ' 1*$>& ' C&2$, ' $2 ' C,H)-"). ' 1&# ' )&2&)"?"$2-&# ' -$6,")&# ' .(F*","(&# ' $2 ' 1.'
1$)-*,.'($'-$c-&#'&,">"2.1$#E'#"'$#'F*$':"2.1?$2-$'11$>.'$1'?&?$2-&'-.2'$#C$,.(&'!1&'
F*$'2&')&2#-"-*;$'2"'?*)8&'?$2&#'1.',$>1._E'#"2&'$2:,$2-.,';.'($#($'$1'C,"2)"C"&'.'
1&# ' .1*?2&# ' )&2 ' 1&# ' C,&C"&# ' -$c-&# ' &,">"2.1$#E ' ?H# ' & ' ?$2&# ' .(.C-.(&# ' . ' #*#'
)&2&)"?"$2-&# ' ; ' 2$)$#"(.($# ' ("(H)-").#E ' C.,. ' ", ' ($(*)"$2(& ' ($ ' $11&#E ' ($ ' :&,?.'
C.*1.-"2.';'C,&>,$#"B.E'1.#'2&,?.#'>,.?.-").1$#<'D&#'"2-$2-&#'11$B.(&#'.').+&'C&,'1.'
C$(.>&>. ' :,.2)$#. ' 7.2"2$ ' !$+*- ' $2 ' #*# ' ?L-&(&# ' #*)$#"B&# ' !5!0Rve ' ;'
h4fA5RveE'.C.,$)"(&#'$2'b.,K#'$2'1&#'.%&#'#$-$2-.E '#&2'F*"3H'1.'?*$#-,.'?H#'
,$C,$#$2-.-"B.'($'$#-.'2*$B.'&,"$2-.)"62<'41'?L-&(&'#$'+.#.'$2'1.'1$)-*,.'($'-$c-&#'
F*$'#&2'.+&,(.(&#'($#($'(":$,$2-$#'C*2-&#'($'B"#-.E'F*$'B.2'($#($'1&#'.#C$)-&#'
?H#'C*,.?$2-$'>,.?.-").1$#E')&?&'1.':&2L-").E'1.'?&,:&1&>K.';'1.'#"2-.c"#E';'1Lc")&#'
8.#-.'&-,&#'($'K2(&1$'?H#')*1-*,.1E')&?&'1.'1"-$,.-*,.'&'1.#'"2#-"-*)"&2$#E')&2'$1':"2'($'
F*$'1&#'.1*?2&#'B.;.2'"2-,&(*)"L2(&#$'($':&,?.'#"?*1-H2$.'$2'1&#'.#C$)-&#'?H#'
"?C&,-.2-$#'($'1.')*1-*,.'>,"$>.'.'-,.BL#'($'1.'1$2>*.'C$,&',$(*)"$2(&'.'1&'$#$2)".1'
1. ' $2#$%.23. ' ($ ' 1. ' >,.?H-").< ' !")8& ' C1.2-$.?"$2-& ' #$ ' 8. ' ,$:1$I.(& ' ($#C*L# ' $2'
2*?$,&#&#'-$c-&#'$#)&1.,$#':,.2)$#$#'F*$'.'#*'C.,-")*1.,'?.2$,.'8.2'-,.-.(&'($'
,$C,&(*)",'$#-$'#"#-$?.E')&2)$("$2(&';.'($#($'$1'C,"2)"C"&'*2'?.;&,'C,&-.>&2"#?&'.'
1&# ' -$c-&# ' &,">"2.1$#E ' $cC1").(&# ' ; ' )&?$2-.(&#E ' $2 ' ($-,"?$2-& ' ($ ' *2. ' $cC&#")"62'
>,.?.-").1'?H#'#"#-$?H-").';')&8$,$2-$'C$,&'$c$2-.'($'-&(&')&2-.)-&'"2?$(".-&')&2'
$1'>,"$>&'.*-L2-")&E'F*$'C&)&'-"$2$'F*$'B$,')&2'1.#':,.#$#'.,-":")".1$#'*-"1"3.(.#')&?&'
$I$?C1&#< ' e-,. ' )&,,"$2-$ ' "?C&,-.2-$ ' F*$ ' 8. ' C$2$-,.(& ' )&2 ' :*$,3. ' ($2-,& ' ($ ' 1.'
$2#$%.23.'($1'>,"$>&'$#'$1'?.;&,'L2:.#"#'C*$#-&'$2'1.'$2#$%.23.'($1'B&).+*1.,"&'
)&?&'"2#-,*?$2-&'$#$2)".1'($'*2'?$I&,';'?H#')&2:".(&'.C,$2("3.I$'($'1.'1$2>*.'C&,'
C.,-$ ' ($ ' *2 ' .1*?2.(& ' F*$ ' $,. ' F*"3H ' ).C.3 ' ($ ' #.+$, ' ($ ' ?$?&,". ' $1'
C1*#)*.?C$,:$)-&E ' F*$ ' .C$2.# ' .C.,$)$ ' $2 ' 1. ' 1"-$,.-*,. ' >,"$>.E ' $ ' ">2&,., ' $1'
#">2":").(&';'1&#'B.1&,$#'($'1.')&2I*2)"62'7"F'=;E'-.?+"L2E'"2)1*#&<<<@'&'($'1.'C.,-K)*1.'
B"' =C*$#E ' $2 ' $:$)-&<<<@ ' F*$ ' .C.,$)$2 ' C&, ' (&F*"$, ' $2 ' )*.1F*"$ ' ?&?$2-&< ' 4#-.'
-$2($2)".').,.)-$,"3.'?L-&(&#'("B$,#&#'F*$'8.2'>&3.(&'($'*2.'>,.2'.)$C-.)"62';'
(":*#"62')&?&'$1'($1'.?$,").2&'a.,1'A*)jE'.(.C-.(&'$2'4#C.%.')&2'#*#'C,&C".#'
)&2-,"+*)"&2$#'C&,'01+$,-&'($1'b&3&E'&'$1'($1'$#C.%&1'S.,-K2'RH2)8$3'A*"CL,$3E'F*$'
+.#.'*2.'C.,-$'"?C&,-.2-$'($'#*'$:").)".'("(H)-").'$2'$1'.C,$2("3.I$'($1'B&).+*1.,"&'
$2 ':*2)"62 '($ '1. ':,$)*$2)". '($ '*#& ' ;'($ '#* '?.;&, ',$2("?"$2-&< 'D&# ' "2-$2-&# 'C&,'
.(&C-.,';'.(.C-.,'.1'>,"$>&'1&#'.B.2)$#')&2#"($,.+1$#')&2#$>*"(&#'$2'1.'$2#$%.23.'
($'1.#'1$2>*.#'?&($,2.#'8.2'F*$(.(&'F*"3HE'($'?&?$2-&E'?H#'$2'$1'-$,,$2&'($'1.'
#*>$,$2)".';'1.'$cC$,"?$2-.)"62'C$,#&2.1'F*$'$2'#*'-,.#1.(&'.'?.2*.1$#')&2),$-&#<'
D.#'K?C,&+.#'(":")*1-.($#'($'1.'-.,$.';'1.'2&'#"$?C,$':.)-"+1$'.($)*.)"62'($'(")8&#'
?L-&(&#E'BH1"(&#'$2'*2.'1$2>*.'($'*#&'C$,&'?H#')&?C1").(&#'($'C&2$,'$2'C,H)-").'

)&)

$2 ' 1$2>*.# ' )&?& ' $1 ' >,"$>&E ' ($ ' 2.-*,.1$3. ' ?H# ' 1"-$,.,". ' ; ' -$c-*.1E ' 8.2 ' :,$2.(& ' $1'
.B.2)$'$2'$#-.'(",$))"62<
S*)8&'?H#'"22&B.(&,'.'$#-$',$#C$)-&'2&#'C.,$)$'1.'"2")".-"B.'.*#C")".(.'C&,'
1. ' 7&"2- ' 0##&)".-"&2 ' &: ' a1.##").1 ' T$.)8$,#E ' F*$ ' 8. ' )&2:$))"&2.(& ' *2 ' ?L-&(&'
($2&?"2.(&'($':&,?.'#">2":").-"B. 'I)"+%2B#P.))7' =1$;$2(&'>,"$>&@'F*$E'#">*"$2(&'
$2'C,"2)"C"&'$#.'?"#?.'&,"$2-.)"62'($'C&2$,'(",$)-.?$2-$'.1'.1*?2&'$2')&2-.)-&')&2'
1&# ' -$c-&#E ' )&?"$23. ' #* ' .2(.(*,.E ' #"2 ' $?+.,>&E ' )&2 ' -$c-&# ' .(.C-.(&# ' ;'
.C.,$2-$?$2-$'-,"B".1$#'C$,&'F*$'-"$2$2'1.'B$2-.I.'($'#$,'C1$2.?$2-$'>,"$>&#'$2'#*#'
:&,?.# ' ($ ' $cC,$#"62E ' .C.,$)"$2(& ' ;. ' ($#($ ' $1 ' C,"?$, ' ?&?$2-& ' 1.# ' )&2&)"(.#'
C.,-K)*1.# ' .2-$# ' ?$2)"&2.(.# ' =7"FE 'B".@ ' ; ' &-,.# ' 2& ' ?$2&# ' )&,,"$2-$# ' )&?& ' 1.#'
)&,,$1.-"B.#'5)2<<<'+)'=-,.(*)"(.#'?$)H2").?$2-$')&?&'pC&,'*2.'C.,-$<<<'C&,'&-,.q@'
F*$'$2'*2.'>,.?H-").'?H#'-,.(")"&2.1'#$'B$,K.2'.1':"2.1'($'1.'?&,:&1&>K.'.'C$#.,'($'
#*')&2#-.2-$';',$"-$,.(.'.C.,")"62'$2'1&#'-$c-&#',$.1$#<'41')&2-$2"(&'($'1&#'-$c-&#'
C,$#$2-.(&#'.(F*"$,$'-.?+"L2'*2'.1-&'2"B$1'($'p)&1&,.)"62q'>,"$>.'.'C$#.,'($'1.'
.C.,$2-$ ' -,"B".1"(.( ' ($1 ' .#*2-& ' -,.-.(&E ' #$ ' C,$#-. ' *2. ' $2&,?$ ' "?C&,-.2)". ' . ' 1.'
.(F*"#")"62'C,&>,$#"B.'($'*2'B&).+*1.,"&'+H#")&'F*$':.)"1"-.'1.':.?"1".,"(.(')&2'1&#'
#*)$#"B&#'-$c-&#';'1&#')&2-$2"(&#'>,.?.-").1$#'#$'B.2'$#).1&2.2(&'$2':*2)"62'($'1.#'
2$)$#"(.($#'($')&?C,$2#"62'F*$'B.2'C1.2-$.2(&'1&#'-$c-&#'.1'8"1&'($1'.B.2)$'($'1.#'
1$))"&2$#<'41'&+I$-"B&'($1'?L-&(&'$#E'$:$)-"B.?$2-$E'F*$'$1'.1*?2&')&2#">.'.1':"2.1'
($1')*,#&E'C1.2-$.(&'C.,.'QY'#$?.2.#E'p1$$,qE'$#'($)",E')&?C,$2($,'($#($'($2-,&'
($1 ' C,&C"& ' >,"$>&E ' ?H# ' F*$ ' -,.(*)", ' ($#($ ' :*$,.E ' F*$ ' "?C1"). ' #"$?C,$ ' *2 ' )"$,-&'
("#-.2)".?"$2-&':&,?.1'($'1.'1$2>*.'($'&,">$2<
a"$,-.?$2-$'$#-.'"($.E'1.'($'-&?.,')&2-.)-&'"2?$(".-&'&'C,$1"?"2.,')&2'1&#'
-$c-&# ' &,">"2.1$# ' >,"$>&# ' .2-$# ' ($ ' $#-*("., ' ($ ' :&,?. ' #"#-$?H-"). ' 1. ' (&)-,"2.'
>,.?.-").1E'2&'$#'($1'-&(&'2*$B.<'s.'$2'U`OY'$1'$#C.%&1'N&23.1&'a&,,$.#E'.*-&,'($'
*2. '>,.?H-"). '>,"$>.E ' C,$)&2"3.+. '$#-. '-&?. 'C,$B". ' ($ ')&2-.)-& ')&2 '1&# '.*-&,$#'
>,"$>&#'.2-$#'($'C,&)$($,'.1'$#-*("&')&?C1$-&'($'1.'>,.?H-").<'R"2'$?+.,>&E'8.'#"(&'
$2 ' 1&# ' -"$?C&# ' ?H# ' ,$)"$2-$# ' )*.2(& ' #$ ' 8. ' -,.-.(& ' ($ ' ).?"2., ' )&2 ' -"$2-& ' ; ' #"2'
($#?.;& ' C&, ' $#-&# ' ($,,&-$,&#E ')&2#)"$2-$# ' F*"3H ' #*# ' "2#C",.(&,$# ' ($ ' F*$ '$,. ' $1'
J2")&'?L-&(&'B".+1$'C.,.')&2#$>*",E'.1'?$2&#'$2'C.,-$E'$1'C,$)".(&'+&-K2E'#"$?C,$'
C,&?$-"(& ' ; ' ).#" ' 2*2). ' .1).23.(&E ' #&+,$ ' -&(& ' $2 ' 1. ' $2#$%.23. ' $1$?$2-.1E ' ($'
)&2#$>*",'1$$,'-$c-&#'>,"$>&#'&,">"2.1$#<'42'1.'.)-*.1"(.('#&2'C&)&#'_$#&'.1'?$2&#'
($#$.?&# ' ),$$,_ ' 1&# ' F*$ ' C.,$)$2 ' 8.+$,#$ ' F*$(.(& ' .2)1.(&# ' $2 ' *2. ' C&#-*,.'
"2?&B"1"#-. ' F*$ ' #$ ' )&2-$2-. ' )&2 ' .1).23., ' -.2 ' #61& ' )&?C$-$2)".# ' >,.?.-").1$# ' ($'
).,H)-$,'2&,?.-"B&'.C1").+1$#'-&(&'1&'?H#'.'*2'C*%.(&'($'"2&)*.#';'.+*,,"(.#':,.#$#'
$c-,.K(.#'($'.2-&1&>K.#'.1'*#&<'4#')"$,-&'F*$'-&(.BK.'8.;'*2'.?C1"&')&1$)-"B&')*;.#'
C,"2)"C.1$# ' C,$&)*C.)"&2$# ' #&2 ' 1. ' #$1$))"62 ' ($ ' 1&# ' .*-&,$# ' . ' -,.(*)", ' #"2 ' F*$ ' $1'
)&2-$2"(&'&'1.'#">2":").)"62'($'#*#'&+,.#'-$2>.2'.C$2.#'2.(.'F*$'B$,'$2'$1'.#*2-&E'
$1'.C,$2("3.I$'($1'B&).+*1.,"&')&2'C,$-$2#"&2$#'$c)1*#"B.?$2-$'$-"?&16>").#'&')&?&'
"2#-,*?$2-&'C.,.'1.'-,.(*))"62'&'$1'2J?$,&'($'8&,.#'($(").(.#'$2'1&#'C,&>,.?.#'($'
$#-*("&'2$>H2(&#$'&+)$).(.?$2-$'.',$)&2&)$,'*2.'#"-*.)"62'",,$B$,#"+1$'$2'$#-$'
-$,,$2&< ' 4# ' B$,(.( ' -.?+"L2 ' F*$ ' 8.; ' F*"$2 ' )&2-"2J. ' $?C$%.(& ' $2 ' ?.2-$2$, ' 1.'
$2#$%.23. ' ($1 ' >,"$>& ' .1$>.2(& ' )&?& ' C,"2)"C.1 ' B",-*( ' C$(.>6>"). ' 1. ' ($ ' #$, ' *2.'
+*$2.'>"?2.#".'?$2-.1'&'$1'?$("&'"2("#C$2#.+1$'C.,.')&2&)$,'?$I&,'2*$#-,.'C,&C".'
1$2>*. ' ?.-$,2.E ' . ' C$#., ' ($ ' F*$ ' ,$C*-.(&# ' 8$1$2"#-.#E ' C&)& ' #&#C$)8&#&# ' ($'
"22&B.)"&2$#':H)"1$#';'.'1.'?&(.')&?&'#",'v$22$-8'!&B$,E'.*-&,'($'*2'1"+,&'#&+,$'$1'
&,($2'($'C.1.+,.#E'&-,&'#&+,$'$1'&,.(&,'D"#".#';')&?$2-.,"#-.'($'B.,"&#'1"+,&#'($'
T*)K("($#E ' 8.;.2 ' -"1(.(& ' -.1$# ' .,>*?$2-&# ' ($ ' #"?C1$ ' -&2-$,K. ' =$927@ ' C&,'

)&!

)&2#"($,.,1&#'($1'-&(&'"2:*2(.(&#';'2&-&,".';'-$2($2)"&#.?$2-$'$c.>$,.(&#'C&,'#*#'
($:$2#&,$#< ' 52)1*#& '8.;'-&(.BK. 'F*"$2 '#$ ',$#"#-$ '-$,).?$2-$ '. ',$)&2&)$, 'F*$ ' *2'
C,&:$#&,'($'>,"$>&'($+$'#$,'.1>&'?H#'F*$'*2'+*$2')&2&)$(&,'($'1.'>,.?H-").';'1.'
1$2>*.E'C.#.2(&'1.',$#C&2#.+"1"(.('($'$2#$%.,'&-,&#'.#C$)-&#'($'1.')*1-*,.'>,"$>.'
)&?&'1.'8"#-&,".E'1.'1"-$,.-*,.'&'$1'.,-$'.'1&#')&1$>.#'($'1.#',$#C$)-"B.#'H,$.#<
R"2'$?+.,>&E'-.?+"L2'C*$($'.:",?.,#$E').#"'#"2'-$?&,'.'$F*"B&).,2&#E'F*$'
$c"#-$ ' *2 ' .?C1"& ' )&2#$2#& ' . ' 1. ' 8&,. ' ($ ' ,$)&2&)$, ' F*$ ' $1 ' #&1& ' $#-*("& ' ($ ' 1.'
>,.?H-").E ' C&, ' ?*)8&# ' .("-.?$2-&# ' &,2.?$2-.1$# ' ($ ' -"C& ' 1"2>lK#-")& ' F*$ ' #$ ' 1$'
"2#$,-$2'=1$;$#':&2L-").#E'-,.2#:&,?.)"&2$#'?&,:&16>").#'&'#"2-H)-").#@E'2&')*?C1$'($'
2"2>*2. ' ?.2$,. ' )&2 ' 1&# ' &+I$-"B&# ' C,$B"#-&#< ' 0*2 ' ,$)&2&)"$2(& ' 1.# ' "22$>.+1$#'
B",-*($# ' ($ ' 1. ' $2#$%.23. ' :&,?.1 ' F*$ ' 1. ' 1$2>*. ' >,"$>. ' C,&C&,)"&2. ' . ' F*"$2$# ' #$'
.($2-,.2 ' $2 ' #* ' $#-*("&E ' .1>*2&# ' ($:$2#&,$# ' )&2:$#&# ' ($ ' $#-. ' &,"$2-.)"62E ' )&?&'
D.##&'($'1.'i$>.E',$)&2&)K.2'.+"$,-.?$2-$E'#"2'$?+.,>&E'F*$'p2&'$2#$%.?&#'.'1$$,'
$2'>,"$>&'#61&'C.,.'.C1").,'1.#',$>1.#'>,.?.-").1$#E'#"2&'-.?+"L2'C.,.'.C,&C".,2&#'
($1 ' ?*2(& ' ($1 ' .*-&, ' F*$ ' 1$$?&#q< ' f2. ' "($. ' F*$ ' $1 ' ?"#?& ' .*-&, ' ,$:*$,3. ' ?H#'
.($1.2-$ ' .1 ' .:",?., ' )&2 ' ,&-*2(. ' )&2-*2($2)". ' F*$ ' p1&# ' B.1&,$# ' $(*).-"B&# ' ($ ' 1.'
1$2>*.';'($'1.').1"(.('F*$'$#.'1$2>*.'$cC,$#.'_*2.'($-$,?"2.(.')&2)$C)"62'($1'
?*2(&_'#&2'#&1"(.,"&#'$'"2#$C.,.+1$#q<
]&').+$'2"2>*2.'(*(.'($'F*$'$1'J2")&').?"2&'1$>K-"?&'8.)".'1.')&?C,$2#"62'
($1'?*2(&'>,"$>&'C.#.'($'?.2$,.'"2#&#1.;.+1$'C&,'$1')&2&)"?"$2-&'($'#*'1$2>*.<'
D.#',.3&2$#'#&2'2*?$,&#.#E'C$,&'+.#-$',$)&,(.,'.1>*2.#'-.2'$#$2)".1$#')&?&'$1'
8$)8& ' ($ ' F*$ ' ,$#*1-. ' ($1 ' -&(& ' "?C&#"+1$ ' ("#&)"., ' 1&# ' )&2)$C-&# ' +H#")&# ' ($ ' 1.#'
$cC,$#"&2$#'-$,?"2&16>").#'F*$'1&#'"2)&,C&,.2E'F*$')&2#-"-*;$'*2.'-.,$.'"?C&#"+1$'
)&2#$>*",'-,.(*))"&2$#'1K?C"(.#';'C$,:$)-.#'F*$',$:1$I$2'-&(.'1.':*$,3.'$cC,$#"B.'($'
1.'1$2>*.'&,">"2.1E')&2'#*#'"2:"2"-.#')&22&-.)"&2$#';'?.-")$#'($'-&(.#')1.#$#E'C&,'2&'
?$2)"&2.,'1.'CL,("(.'",,$?$(".+1$'($'1&#'$:$)-&#':62")&#E',K-?")&#';'$#-"1K#-")&#'-.2-&'
($'1.'C&$#K.')&?&'($'1.'C,&#.'>,"$>.#'F*$'$#-.+.2',">*,&#.?$2-$'>&+$,2.(.#'C&,'
$#-&# ' C,"2)"C"&#E ' & ' 1. ' #"?C1$ ' $B"($2)". ' ($ ' 1&# ' $,,&,$# ' ?.2":"$#-&# ' F*$'
1.?$2-.+1$?$2-$ ' #"$?C,$ ' #$ ' ($#1"3.2 ' 8.#-. ' $2 ' 1. ' ?$I&, ' -,.(*))"62E ' ($ ' 1.#'
"2-$,C,$-.)"&2$# ' (":$,$2-$# ' F*$ ' ("#-&,#"&2.2 ' $1 ' #$2-"(& ' &,">"2.1 ' ($1 ' -$c-& ' & ' ($'
2*?$,&#&#'-$c-&#'$C">,H:")&#';'C.C",&16>")&#'F*$'#$'$2)*$2-,.2'-&(.BK.'#"2'-,.(*)",<'
a&2B"$2$'.F*K',$)&,(.,'1.':.?&#.';'.)$,-.(.'.:",?.)"62'($1'8"#-&,".(&,':,.2)L#'b.*1'
b$-"-'$2'$1'#$2-"(&'($'F*$'B.1$'?*)8&'?H#'$1'$2:,$2-.?"$2-&'(",$)-&')&2'*2'-$c-&'
&,">"2.1 'C&,'($:")"$2-$ 'F*$ '#$.'$1' )&2&)"?"$2-&' ($ '1.'1$2>*.' F*$' 1. '?$I&, '($'1.#'
-,.(*))"&2$#<
R"2'$?+.,>&E'2&'($I.'($')&2#-"-*",'*2'#*$%&').#"'",,$.1"3.+1$'&'*2.',$.1"(.('
?*;'C&)&'C,&+.+1$')&2#$>*",'F*$'1&#'.1*?2&#'($'*2')*,#&'($'>,"$>&'$1$?$2-.1'=&'
($'(&#'&'($'-,$#@'.(F*"$,.2'1.#'($#-,$3.#'2$)$#.,".#'C.,.'C,.)-").,')&2'*2'?K2"?&'
($'$:").)".'1.'1$)-*,.'#$>*"(.'($'-$c-&#'&,">"2.1$#<'41'>,"$>&'$#E'2&').+$'2$>.,1&E'*2.'
1$2>*. ' (":K)"1 ' )&2 ' *2. ' $2,$B$#.(. ' ; ' ,"). ' ?&,:&1&>K.E ' $2 ' 1. ' F*$ ' 1.# ' 2*?$,&#.#'
$c)$C)"&2$# ' $ ' ",,$>*1.,"(.($# ' #$ ' "?C&2$2 ' . ' ?$2*(& ' #&+,$ ' 1.# ' 2&,?.#E ' F*$'
C,$#$2-.'"?C&,-.2-$#'B.,".)"&2$#'(".1$)-.1$#E'.'B$)$#'2"?".#E'C$,&'$2'.1>J2').#&'
C,H)-").?$2-$ ' "2#.1B.+1$#E ' )&2 ' *2. ' #"2-.c"# ' ,$1.-"B.?$2-$ ' ?H# ' #$2)"11. ' C$,& ' F*$'
.1).23. ' )&-.# ' ($ ' $c-,.&,("2.,". ' #*-"1$3. ' ; ' )&?C1$I"(.( ' $2 ' .1>*2&# ' C.#.I$#'
"2-$,$#.2-$#E ' )&?&E ' C&, ' $I$?C1&E ' 1&# ' :.?&#&# ' ("#)*,#&# ' ($ ' T*)K("($# ' & ' 1.#'
,$:1$c"&2$#'8"#-6,").#'($'b&1"+"&E';')&2'*2'B&).+*1.,"&'$c-$2#&';'.'B$)$#'C,&-$")&'
F*$'.'C$#.,'($'#*'($:")"$2)".#'_2&'#$'8.')&2#$,B.(&'-&(&_'?.2-"$2$'1&#'2"B$1$#'
($')*.1F*"$,'1$2>*.'?&($,2.')&2'*2.',"F*$3.'1Lc").')&2#"($,.+1$')&?&'1.'($1'"2>1L#'

)&"

;'F*$'C&#"+"1"-.'*2.'?.2$,.'($'$cC,$#"62')&2)"#.';'$2)1.*#-,.(.'F*$')*$#-.'?*)8&'
$2'&).#"&2$#'($#C1$>.,'$2'-L,?"2&#'?H#')&?C,$2#"+1$#<
0'$#-.'(":")*1-.('($'+.#$'8.;'F*$'#*?.,'1.#'"?C&2($,.+1$#'1"?"-.)"&2$#'($1'
-"$?C&E ' F*$ ' 8.)$2 ' 2$)$#.,"& ' )&2)$2-,., ' $1 ' .C,$2("3.I$ ' ($1 ' >,"$>& ' $2 '(&# ' )*,#&#'
.).(L?")&#'$2'1.'$2#$%.23.'#$)*2(.,".E')*.2(&';. '$1'"1*#-,$'8*?.2"#-.'$#C.%&1'
7*.2'D*"#'i"B$#'.)&2#$I.+.'($(").,1$'2.(.'?$2&#'F*$'X'.%&#E'($#($'1.'2"%$3'8.#-.'
1.'.(&1$#)$2)".E';'B$?&#'F*$'?*)8&#'($'1&#'F*$'.(F*","$,&2'*2'(&?"2"&')&2#"#-$2-$'
($1'>,"$>&E')&?&'$1';.'?$2)"&2.(&'R-*.,-'S"11E'"2")".,&2'#*#'$#-*("&#'.'*2.'$(.('
-$?C,.2.')&2'*2.'($(").)"62')&2#-.2-$E'&')&?&'$1':.?&#&'C$2#.(&,':,.2)L#'($1'
di555E '\$2I.?"2'a&2#-.2-E'F*$'#$'I.)-.+.'($'8.+$,1&'.C,$2("(&'.'1&#'V'.%&#<'4#'
)"$,-& ' F*$ ' &-,&# ' 1. ' .C,$2("$,&2 ' $2 ' *2 ' ?H# ' )&,-& ' $#C.)"& ' ($ ' -"$?C&E ' C$,& ' $2 ' 1.'
?.;&,K.'($'1&#').#&#'($'-,.-.'($'"2("B"(*&#'($'$2&,?$'-.1$2-&'&'F*$'"2")".,&2'#*'
$#-*("& ' . ' *2. ' $(.( ' ?.(*,. ' $2 ' 1. ' F*$ ' C&(K.2 ' )&2)$2-,., ' $2 ' $1 ' -$?. ' -&(.# ' #*#'
$2$,>K.#'"2-$1$)-*.1$#<'D.#'C,&?$#.#'($'1&#'2*$B&#'?L-&(&#E')&?&'$1'?$2)"&2.(&'
I)"+%2B#P.))7E'F*$'"?C1").2'1.'($(").)"62'($').#"'("$3'?$#$#E'#&1&'C$,?"-$2'*2.'
,$1.-"B.':.?"1".,"(.('F*$'($+$'#$,'1*$>&',$:&,3.(.'C&,'1.'1$)-*,.'"2#"#-$2-$'($'-$c-&#'
?H#'p.*-L2-")&#qE'?&-"B&'F*$'8.'"?C*1#.(&'.'#*#'.*-&,$#'.'$("-.,'(&#'.2-&1&>K.#'
($#-"2.(.# ' . ' $#-$ ' )&?$-"(& ' .(")"&2.1 ' 2$)$#.,"& ' F*$ ' )&2-"$2$2 ' #$1$))"&2$# ' ($'
h&?$,&E ' h$,6(&-& ' ; ' R6:&)1$# ' 1. ' C,"?$,. ' =4 # `'.&+ # 'A # G).')/@ ' ; ' ($ ' 4*,KC"($#E'
T*)K("($#';'b1.-62E'1.'#$>*2(.'=0-)#%2()&&)*(9"&#I)M'&9(%'2@E')&?C1$-.(.#'.8&,.')&2'
(&#'.(")"&2.1$#E'*2.'($').,H)-$,'?H#'>$2$,.1E'F*$'"2)1*;$'.*-&,$#'>,"$>&#'($#($'
h&?$,&'8.#-.'b1*-.,)&'=4#P.))7#42(-'&'B3@E';'&-,.'($(").(.'C&,'$2-$,&'.1']*$B&'
T$#-.?$2-&<'0'1.#'1"?"-.)"&2$#'($'-"$?C&'8.;'F*$'#*?.,'1.'.)-"-*('C&)&':.B&,.+1$'.1'
.C,$2("3.I$'($'*2.'1$2>*.')&?&'$1'>,"$>&E').1":").(.'?*;'.'?$2*(&')&?&'p1$2>*.'
?*$,-.qE ' )&,&1.,"& ' ($ ' #* ' -&-.1 ' "2*-"1"(.(E ' $2-,$ ' *2 ' .1*?2.(& ' )*;.# ' ?$-.# ' ;'
.#C",.)"&2$#'("#)*,,$2'?H#'+"$2'C&,'&-,&#'($,,&-$,&#E'.1'?$2&#'($#>,.)".(.?$2-$'
$2'*2.'>,.2'?.;&,K.'($').#&#<'41'-,"*2:&'($1'*-"1"-.,"#?&'C,$)&2"3.(&'($#($'8.)$'
-"$?C&'C&,'?*)8&#'8.'.).+.(&'"?C&2"L2(&#$'$2'$1'-$,,$2&'$(*).-"B&')&?&',$:1$I&'
($'1.#'.#C",.)"&2$#').(.'B$3'?H#',H).2.#';'#"?C1$#'($'1.'#&)"$(.('$2'>$2$,.1<'D.'
C,&1":$,.)"62 '($'1.'-$1$B"#"62 '+.#*,.E '($'1&#'B"($&I*$>&# '.>,$#"B&# '&'#"?C1$?$2-$'
$#-JC"(&#E'1.'($I.($3'($'1&#'C&($,$#'CJ+1")&#'$2'$1'.#C$)-&'$(*).-"B&'_$2-$2("(&'
.F*K'$1'-L,?"2&'$2'#*'#$2-"(&'?H#'.?C1"&'F*$'($#+&,(.'1.#'+.,,$,.#'($'1.'$#)*$1.'
C.,. ' .1).23.,1&# ' >*#-&# ' ; ' -$2($2)".# ' #&)".1$# ' C,&?&B"(&# ' ($#($ ' $1 ' C&($,_E ' 1.'
$#).#$3 ' ).(. ' B$3 ' ?.;&, ' ($ ' 1$)-&,$#E ' "2B.("(.# ' 1.# ' 1"+,$,K.# ' ($ ' C,&(*)-&#'
#&#C$)8&#&#'($').(*)"(.('"2?$(".-.'F*$'.(&C-.2E'&).#"&2.1?$2-$E'$1':&,?.-&'($1'
1"+,&E'($(").(&#'.'>1&#.,'1.'C$,#&2.1"(.('($'2"?"&#'C$,#&2.I$#'($'1.':.,H2(*1.'&'.'
C&2$, 'C&,'$#),"-&' 1.# '&+B"$(.($#' ?H#'$1$?$2-.1$#' $2 '-$?.# ' ($ '#.1*(' )&,C&,.1 ';'
#&)".1'=)6?& '$2)&2-,.,'1.'?$(".'2.,.2I.E')6?& '.C.,$2-.,'#$,'?H#'$#+$1-.E ')6?&'
.($1>.3.,E')6?&'$1.+&,.,'*2')*,,")*1*?<<<@E'1.')&?C*1#"B"(.(')&2#*?"#-.'($'1&#'?H#'
I6B$2$#E'$2).?"2.(. '.#-*-.?$2-$ '8.)".'-&(.'1.'C.,.:$,2.1".'F*$',&($. '$1'?*2(&'
?$("H-")&'$2')*.1F*"$,.'($'#*#'?J1-"C1$#'B$,-"$2-$#'=)"2$E'($C&,-$<<<@E';'1.'CL,("(.'
"?C&,-.2-$'($'B.1&,$#'8*?.2&#';'#&)".1$#')&?&'$1'#$2-"(&'($'#&1"(.,"(.(E'B.2'-&(&#'
$11&# ' ($)"("(.?$2-$ ' $2 ' )&2-,. ' ($ ' )*.1F*"$, ' .#C",.)"62 ' ?H# ' 2&+1$ ' $2-,$ ' 1.# ' F*$'
C&(,K.'C$,:$)-.?$2-$')&2-.,#$'$1'.C,$2("3.I$'($1'>,"$>&<'D.'+.-.11.E'.($?H#E'C.,$)$'
C$,("(.'($':&,?.'($:"2"-"B.E';'#61&').+$'$#C$,.,E'F*"3HE'F*$'1&#'C$F*$%&#',$(*)-&#'
($',$#"#-$2)".'.'-&(.'$#-.'.C.+*11.2-$'$'"2F*"$-.2-$'?.,$.'F*$'-&(.BK.'C$,?.2$)$2'
"?C$,-L,,"-&#'.2-$'-.?.%.'$#-*C"($3'C*$(.2'#$2#"+"1"3.,#$'.':.B&,'($'$#-$'-"C&'($'
"2")".-"B.#<'b$,&'C.,.'$11&')&2B"$2$'#.+$,'I*#-":").,1.#'.($)*.(.?$2-$'($I.2(&'.'*2'

)&#

1.(&'1.',$-6,"). '8.+"-*.1'($1'1$>.(& '"2-.2>"+1$'$'"2?$?&,".1'F*$E'.'1.'B"#-.'($'1&#'


,$#*1-.(&#E'2&'C.,$)$'8.+$,':*2)"&2.(&')&2'>,.2'$:").)".';'-,.-.,'($'($?&#-,.,'#*'
C.C$1')&?&'*2'"2#-,*?$2-&'?H#E'$#$2)".1';'C,$)"&#&E'C.,.'1.':&,?.)"62';'$(*).)"62'
($'1.'C$,#&2.<'k*"3H'2&'#$.'2$)$#.,"&'B&1B$,'.'1&#'C1.2-$.?"$2-&#'($'T<'R<'411"&-E'$1'
C&$-.';'),K-")&'2&,-$.?$,").2&'($'1.'C,"?$,.'?"-.('($1'#">1&'ddE'F*$'($:$2(K.'$1'
$#-*("& ' ($1 ' >,"$>& ' )&?& ' *2. ' :&,?. ' ($ ' ("#)"C1"2. ' ?$2-.1 ' ; ' )&?& ' *2. ' $#C$)"$ ' ($'
$#)*(& ' C,&-$)-&, ' )&2-,. ' 1& ' F*$ ' C$,)"+K. ' )&?& ' $1 ' ($)1"B$ ' .)$1$,.(& ' ($ ' 1. ' )*1-*,.'
&))"($2-.1<
D&#')*,#&#'($'>,"$>&'$2'1.'$2#$%.23.'#$)*2(.,".'($+$2')&2-"2*.,E'C$,&'$1'
C,&:$#&,.(&'($+$'.#*?",')&2',$.1"#?&'1.#'C&#"+"1"(.($#'F*$'#*'1"?"-.(.'-.,$.'1$#'
($C.,.<'!$+$'($I.,#$'.'*2'1.(&'1.'$#-L,"1'C&1L?").'#&+,$'#"')&2B"$2$'C,"?.,'$2'1&#'
)&2-$2"(&#'1.'1$2>*.'&'1.')*1-*,.';'-,.-.,'($'.*2.,'1&'?H#'.,?&2"&#.?$2-$'C&#"+1$'
.?+.# ' B$,-"$2-$#E ' )&2#)"$2-$# ' ($ ' 1. ' "2*-"1"(.( ' ($ ' *2 ' >,.?.-").1"#?& ' $#-L,"1 ' C$,&'
.B"#.(&#'-.?+"L2'($'F*$'1.'1$2>*.'8.'($'$#-.,'#"$?C,$'C,$#$2-$'$2'#*#'$2#$%.23.#'
. ' -,.BL# ' ($ ' -L,?"2&# ' ($+"(.?$2-$ ' $cC1").(&# ' ; ' )&?$2-.(&# ' $2 ' -&(. ' #* ' ,"F*$3.'
#$?H2-").E ' ($ ' :,.#$# ' #">2":").-"B.# ' &,">"2.1$# ' F*$ 'C$,?"-.2 ' .C,$)"., ' #* ' ).C.)"(.('
$cC,$#"B.';E'C&,'F*L'2&E'#*'+$11$3.E'($'-$c-&#'"2-$,$#.2-$#';'+"$2'-,.(*)"(&#'F*$'
)&2#">.2 ' -,.#?"-", ' #* ' )&2-$2"(& ' $2 ' -&(.# ' #*# ' ("?$2#"&2$#E ' 1"-$,.,".# ' $ ' 8"#-6,")&m
)*1-*,.1$#E')&2:,&2-H2(&1&#')&2#-.2-$?$2-$E'#"$?C,$'F*$'#$.'C&#"+1$E')&2'#*'B$,#"62'
&,">"2.1E')&2'$1':"2'($'($?&#-,.,'$2'1.'C,H)-").'1.'B.1"($3'($'*2.'$cC$,"$2)".'#"2>*1.,'
;'B$,(.($,.?$2-$'$2,"F*$)$(&,.')&?&'$#'1.'1$)-*,.'($'1.'1"-$,.-*,.'>,"$>.'.2-">*.<
41'>,"$>&'$#'*2.'1$2>*.'F*$'#&,C,$2($';.'($'$2-,.(.'C&,'#*'1.,>.'8"#-&,".E'
F*$'#$',$?&2-.'.1'?$2&#'8.#-.'1&#'#">1&#'di';'d5i'.<a<';'11$>.')&2'1.#'($+"(.#'
?&(":").)"&2$#'$cC$,"?$2-.(.#'$2'$1')*,#&'($'#*'$B&1*)"62'.'1.'.)-*.1"(.(E')&2'?H#'
($'-,$#'?"1'.%&#'.'#*#'$#C.1(.#E'*2'+,"11.2-$')*,,")*1*?'F*$'#&1&'">*.1.'&-,.'1$2>*.'
)&?& ' $1 ' )8"2&< ' !$#-.). ' -.?+"L2 ' C&, ' #* ' $c-,.&,("2.,". ' :1$c"+"1"(.(E ' C&, ' #*'
)&2#"($,.+1$',"F*$3.E'C&,'#*'#&,C,$2($2-$',">&,';'1.#').#"'"2:"2"-.#'C&#"+"1"(.($#'($'
$cC,$#"62'F*$'C,&C&,)"&2.'.'#*#'8.+1.2-$#';'*#*.,"&#<'D.'B.,"$(.('($'#*'?&,:&1&>K.'
2&?"2.1';'B$,+.1'C$,?"-$'$cC,$#.,')&2')1.,"(.(';'C,$)"#"62'-&(.')1.#$'($'?.-")$#E'
"2)1*"(&#'.F*$11&#'F*$'?*)8.#'1$2>*.#'($#)&2&)$2'&'F*$'#$'8.2'"(&'C$,("$2(&'$2'
&-,.#')&2'$1'C.#&'($1'-"$?C&<'D.'$c"#-$2)".E'C&,'$I$?C1&E'($'1.'B&3'?$(".E'F*$'"2(").'
1.'C.,-")"C.)"62'(",$)-.'($1'#*I$-&'$2'1.'.))"62'$cC,$#.(.'C&,'$1'B$,+&'&'#*'"2-$,L#'$2'
$11.E'C&#"+"1"-.'1.'$cC,$#"62'($'"?C&,-.2-$#'?.-"3.)"&2$#'($1'#$2-"(&'#61&'?$(".2-$'1.'
:&,?.'($1'B$,+&E'#"2'F*$'#$.'2$)$#.,"&',$)*,,",'.'C$,K:,.#"#'($').,H)-$,'$2:H-")&'F*$'
,$:*$,)$2'$#-.'"2-$2)"62E')&?&'$1'8$)8&'($'$#-.+1$)$,'*2.'1$;')*.2(&'$#'1.'C,&C".'
)&?*2"(.('1.'F*$'#$'&-&,>.'(")8.'&,($2.)"62')&2#-"-*)"&2.1E'F*$'$#'$cC,$#.(&'$2'
>,"$>&'C&,'1.'B&3'?$(".<'01>&'C.,$)"(&'#*)$($')&2'1.'$cC,$#"62'($1'C.#.(&'.'-,.BL#'
($1 ' .#C$)-& ' C*2-*.1 ' ($1 ' .&,"#-& ' ="2($:"2"(&@E ' (*,.-"B& ' ($1 ' "?C$,:$)-& ' & ' ,$#*1-.-"B&'
=$#-.(& 'C,$#$2-$ '($ '*2. ' .))"62 'C.#.(.@ '($1 ' C$,:$)-&< '!$#-.). ' ">*.1?$2-$ 'C&, '1.'
,"F*$3.'($'#*#':&,?.#'C,&2&?"2.1$#E'F*$'C$,?"-$2'$cC,$#.,1&#'?.-")$#'($'1.#'"($.#'
?H#'B.,".(.#<'4c"#-$2'.($?H#'1.#'($2&?"2.(.#'C.,-K)*1.#E'$2).,>.(.#'($'.%.(",'
B.1&,$# ' $cC,$#"B&# ' :*2(.?$2-.1$# ' C.,. ' 1. ' )1.,"(.( ' ($1 ' ("#)*,#& ' )&?& ' "2(")., ' 1.'
,$1.)"62 ' 16>"). ' )&2 ' 1& ' F*$ ' .2-$)$($E ' -,.2#?"-", ' 1. ' #$2#.)"62 ' ($ ' ",&2K.E ' $B"($2)".E'
"2)$,-"(*?+,$ '&',$)-":").)"62 ')&2',$#C$)-&'.'1&'(")8&E '?&#-,.,'$1'$F*"1"+,"&'($'(&#'
C.,-$# ' ($1 ' ("#)*,#& ' & ' "2)1*#& ' 8.)$, ' B"#"+1$# ' 1&# ' >$#-&# ' ; ' $cC,$#"&2$# ' ($1 ' ,&#-,&'
8.+"-*.1$#'$2'$1'1$2>*.I$'&,.1<'D.'#"2-.c"#'$#'.'1.'B$3'#"?C1$';'1&'#*:")"$2-$?$2-$',").'
)&?& ' C.,. ' $cC,$#., ' . ' -,.BL# ' ($ ' *2 ' 2J?$,& ' ,$1.-"B.?$2-$ ' ,$(*)"(& ' ($'
)&2#-,*))"&2$# ' F*$ ' #$ ' )&?+"2.2 ' $2-,$ ' #K' 1&# ' ?.-")$# ' ?H# ' #*-"1$# ' ;' B.,".(&#< ' D.'

)&$

C,$:$,$2)".'C&,'1.')&&,("2.)"62'#&+,$'1.'#*+&,("2.)"62E'$1').,H)-$,')&2B$,#&,'($'1.'
C.,-K)*1. '?2E ' F*$ ' C*$($ ' B.,"., ' C&, ' )&?C1$-& ' $1 ' #">2":").(& ' ($ ' *2. ' :,.#$E ' $1 ' *#&'
.+*2(.2-$ '"(' C.,-")"C"&E'F*$'&-&,>.'*2'?&B"?"$2-&'?H#'B"B&';'H>"1'.1')*,#&'($'1.'
2.,,.)"62E';'1.'1"+$,-.('$2'$1'&,($2';'("#C&#")"62'C.1.+,.#';'&,.)"&2$#E'F*$')&2)$2-,.'
1.'.-$2)"62'($1'1$)-&,'#&+,$'1&#'$1$?$2-&#'$#$2)".1$#E'#&2'.1>*2&#'($'#*#',.#>&#'
($:"2"-&,"&#<
41 ' >,"$>& ' C&#$$ ' .($?H# ' *2 ' B&).+*1.,"& ' $c-,.&,("2.,".?$2-$ ' ,")& ' .?C1".(&'
)&2#-.2-$?$2-$'C&,'1&#'C,&)$("?"$2-&#'($'1.')&?C&#")"62';'1.'($,"B.)"62E'F*$'-.2'
+*$2',$#*1-.(&'8.2'(.(&'1*$>&'$2'2*$#-,.#'1$2>*.#'?&($,2.#'.'1.'8&,.'($'),$.,'
2$&1&>"#?&# ' & ' -L,?"2&# ' )"$2-K:")&m-L)2")&#< ' 4# ' C&, ' 1& ' >$2$,.1 ' *2. ' 1$2>*.'
$c-,$?.(.?$2-$')&2),$-.';'C,$)"#.'.'1.'8&,.'($'$cC,$#.,'#*'#">2":").)"62E'C*("$2(&'
#$, ' .($?H# ' ?.-"3.(. ' ).(. ' .)$C)"62 ' ($ ' *2. ' ?"#?. ' ,.K3 ' ?$(".2-$ ' 1. ' .(")"62 ' ($'
C,$C&#")"&2$# ' ;' C,$:"I&# ' F*$ '?&(":").2 ' #* ' B.1&,' :*2(.?$2-.1< 'b*$($ ' $cC,$#., ' .#K'
(":$,$2-$#'?.-")$#'($'*2.'?"#?.'.))"62E')&?&'#*)$($E'C&,'$I$?C1&E')&2'*2.'($'1.#'
,.K)$# 'F*$'#">2":").2 'pB$,q'=-'.?'@E'F*$'#$'B$')&2B$,-"(.'?$(".2-$ '1.'.(")"62 '($'
$#-&# ' $1$?$2-&# ' $2 ' p($#C,$)".,q ' =B$, ' ($#($ ' .,,"+.E '-96).'.?'@E ' p?",., ' )&2'
"2(":$,$2)".q'=B$,'.1,$($(&,E'6).%'.?'@E'&'p($#)&2:".,q'=B$,'($#($'.+.I&E'-9A'.?'@E'&'
)&2)$2-,.,'B.,".#'"($.#'$2'*2'#&1&'-L,?"2&E')&?&'#$'(.'$2'.1>*2.#':&,?.#'B$,+.1$#'
)&?C*$#-.#')&?&'"2()6):%82"%'F*$'#">2":").'p#.1",':*$,.'($1').?C.?$2-&E'.1'.-.F*$E'
C.,.'8.)$,':,$2-$'.1'$2$?">&qE'$cC,$#.2(&'.#K')*.-,&'"($.#'$2'*2.'#&1.'C.1.+,.<'R$'
),$.2'($'$#-.':&,?.'"2:"2"(.('($'2*$B&#'?.-")$#'F*$'2&'($#B",-J.2E'#"2'$?+.,>&E'1.'
)1.,"(.('$B"($2-$'F*$'C&#$$'$1'C,"?$,'#">2":").(&'"2")".1'$cC,$#.(&'$2'1.',.K3<
SL,"-&# ' -&(&# ' $11&# ' ?H# ' F*$ ' #*:")"$2-$# ' )&?& ' C.,. ' .1$2-., ' #* ' .C,$2("3.I$'
)&?& ' *2 ' "2#-,*?$2-& ' ($ ' )&?*2").)"62 ' F*$ ' 8. ' .1).23.(& ' *2 ' .1-& ' >,.(& ' ($'
C$,:$))"&2.?"$2-&'$2'#*#'C,$#-.)"&2$#<'f2'?$("&'($'$cC,$#"62'.($?H#'$2'$1'F*$'
"2:1*;$ ' -.?+"L2 ' ($ ' :&,?. ' ($)"#"B. ' #* ' $c-,.&,("2.,". ' #&2&,"(.(E ' #*#-$2-.(. ' $2 ' $1'
#$2-"(&')&2#*#-.2)".1'($1',"-?&'F*$'#$'.C1").+.'"2)1*#&'.'1.'C,&#.')&2':$26?$2&#'
)&?& ' 1. ' )*"(.(&#. ' $B"-.)"62 ' ($1 ' 8".-& ' & ' )&2#$>*", ' *2. ' 1&2>"-*( ' #"?"1., ' ($ ' 1&#'
-L,?"2&# '($ ' C,&C&#")"&2$# ' )&2-,.C*$#-.# '?$(".2-$ '1. '#$)*$2)". ' &,($2.(. '?H# '&'
?$2&#'$#-,")-.'($'#"1.+.#'+,$B$#';'1.,>.#<'4#-$'$#?$,&'C*$#-&'$2'1.')&2#$)*)"62'($1'
,"-?& ' ; ' 1. ' $*:&2K. ' #$ ' .C,$)". '"2)1*#& ' $2 ' 1.# '?Hc"?.# ' ;':6,?*1.# ' $C">,H:").# ' F*$'
.C.,$)$2'.1'?.,>$2'($'1.'),$.)"62'C*,.?$2-$'1"-$,.,".<'R"2'$?+.,>&E'2&').+$'&1B"(.,'
-.?C&)&'F*$'$1'>,"$>&'F*$'.C,$2($?&#'$#'$2'+*$2.'?$("(.'*2.'1$2>*.'($').,H)-$,'
.,-":")".1';'1"-$,.,"&E')&?&',$B$1.2';.'1&#'C,&C"&#'C&$?.#'8&?L,")&#E'$2'1&#'F*$'#$'
$2-,$?$3)1.2 ' 1.# ' :&,?.# ' .,-":")".1$# ' C,&C")".(.# ' C&, ' 1.# ' $c">$2)".# ' ($1 ' ,"-?&'
8$c.?L-,K)&')&2'1.#'("B$,#.#'B.,".2-$#'(".1$)-.1$#E'($#C,&B"#-.'($'1.#')&2-"2>$2)".#'
($1'*#&'(".,"&'&'($'1.'+.2.1"(.(')&-"(".2.E'F*$'.C$2.#'C&($?&#'C$,)"+",'.'-,.BL#'($1'
?&($1&'.+#-,.)-&';',.)"&2.1E'(&?"2.(&'C&,'1.#',$>1.#'>,.?.-").1$#E'F*$'8.'11$>.(&'
8.#-. ' 2&#&-,&#< ' f2. ' 1$2>*. ' ($ ' 1&# ' ?*$,-&#E ' ?H# ' F*$ ' *2. ' 1$2>*. ' ?*$,-.E ' )&?&'
#$%.1.'!"$>&'D.23.E')*;.#'1"?"-.)"&2$#'$2'$#-$'-$,,$2&'2&'($+$2'8.)$,2&#'2*2).'
&1B"(., ' F*$ ' $1 ' B$,(.($,& ' &+I$-"B& ' ($1 ' .C,$2("3.I$E ' .*2 ' )&2 ' -&(&# ' 1&# ' $2).2-&# ' ;'
.-,.)-"B&# ' F*$ ' C,$#$2-. ' $1 ' "-"2$,.,"& ' "2-$,?$("&E ' #$ ' 8.11. ' ?H# ' .11H ' ($ ' $11.E ' $2 ' 1.'
)&?C,$2#"62'$:$)-"B.';',$.1'($1'?$2#.I$'F*$'1&#'>,"$>&#E'.1>*2&#'>,"$>&#'?H#'+"$2E'
8.2'($I.(&')&?&'1$>.(&'.'1.'C&#-$,"(.(<

)&%

H,-I/-)""#$)$&):/#-#%('%&3-C#-8"#()'

31'&10%,4*',)&2*4"

0*2F*$ ' ,$#*1-. ' C,H)-").?$2-$ ' "?C&#"+1$ ' .B$,">*., ' F*"L2$# ' $cC$,"?$2-.,&2'
C&,'C,"?$,.'B$3'1.':.#)"2.)"62'8.)".'1.')*1-*,.'>,"$>.E':*$'#$>*,.?$2-$'$2'A&?.'
(&2($ ' #$ ' C,&(*I$,&2 ' 1&# ' C,"?$,&# ' ,$#*1-.(&# ' B"#"+1$# ' ($ ' (")8. ' $cC$,"$2)".E ' F*$'
).1.,&2'.($?H# '-.2'C,&:*2(.?$2-$ '$2 ').#"'-&(&#'#*#'$#-.?$2-&#'$'"2#-"-*)"&2$#'
F*$ ' .).+.,&2 ' #"$2(& ' "2)&,C&,.(&#E ' . ' B$)$# ' ).#" ' ($ ' ?.2$,. ' "2)&2#)"$2-$E ' $2 ' #*'
C,&C".':&,?.'($'B"(.<'D.'.:1*$2)".'?.#"B.'($'&+,.#'($'.,-$'>,"$>.#E'-,.K(.#'8.#-.'
A&?. ')&?&'+&-K2 '($'>*$,,.'.'C.,-",'#&+,$'-&(&'($1'#">1&'55'.<aE'?.,)6'($':&,?.'
($)"#"B.' 1&# ' >*#-&# ' ($ ' 1. '.,"#-&),.)". ',&?.2.E ' F*$E ' . ' C.,-", ' ($ ' $2-&2)$#E ' -,.36 ' ;'
.(&,26'#*#'B"11.#';'$#-.2)".#'.'1.'?.2$,.'>,"$>.E'+"$2'?$(".2-$')&#-&#&#'&,">"2.1$#'
)*.2(& ' $11& ' $,. ' C&#"+1$E ' +"$2 ' ?$(".2-$ ' #"?C1$# ' C$,& ' ,$C,$#$2-.-"B.# ' )&C".#< ' D.'
11$>.(. ' . ' A&?. ' ($ ' "1*#-,$# ' ,$C,$#$2-.2-$# ' ($ ' 1.# ' $#)*$1.# ' :"1&#6:").# ' >,"$>.#E ' .'
B$)$#').#"'-.2'?.#"B.')&?&'1.'($'1.#'&+,.#'($'.,-$E'F*$'.)-*.+.2'$2').1"(.('($'
$?+.I.(&,$#E'C,&B&)6'-.?+"L2'*2.'$2&,?$')&2?&)"62'#&)".1'$2-,$'1&#'I6B$2$#';'1&#'
?H#'"1*#-,.(&#E'?"$?+,&#'-.?+"L2'C&,'1&'>$2$,.1'($'1&#'?"#?&#'?$("&#'#&)".1$#<
D.'C.#"62'C&,'1&'>,"$>&'#$'$c-$2("6'-.?+"L2'.'1.'?&(.';'.'1.#')&#-*?+,$#'$'
"2)1*#& ' -,.#C.#6 ' $1 ' -$,,$2& ' ($1 ' C,&C"& ' B&).+*1.,"& ' 1.-"2&E ' F*$ ' #*:,"6 ' 1. ' ),$)"$2-$'
"2I$,$2)".'($'-L,?"2&#'>,"$>&#E'?H#'&'?$2&#'I*#-":").(.E'-$2($2-$'.')&1?.,'1.>*2.#'
C$,&'-.?+"L2'.'C,$#-.,'*2')"$,-&').)8L'#&)".1'.'F*"$2'#.+K.'*-"1"3.,1&#<
R"2 ' $?+.,>&E ' 2& ' ,$#*1-.,&2 ' .:$)-.(&# ' -.2 ' #61& ' 1&# ' $#-,.-&# ' #&)".1$# ' ?H#'
$1$B.(&#<'f2.')"$,-.'"?.>$2'C&C*1.,'($'N,$)".'#$'$c-$2("6'-.?+"L2'?H#'.11H'($'1&#'
)K,)*1&# ' "1*#-,.(&#E ' F*$ ' #.+K.2 ' B.1&,., ' #* ' )&2-$2"(& ' & ' .(&C-.+.2 ' *2. ' C&#$'
#&)".1?$2-$',$)&2&)"(.<'D&#'>,"$>&#'11$2.+.2'1.#').11$#'($'A&?.'$c8"+"$2(&'-&(.#'
#*#'8.+"1"(.($#E')&?&'",&2"3.')&2')"$,-.'.?.,>*,.'7*B$2.1E'$2'.)-"B"(.($#')&?&'1.#'
($ ' .*>*,E ' :*2H?+*1&E ' ?L(")& ' & ' ?.#.I"#-.E ' )*;&# ' #$,B")"&# ' $# ' ?*; ' C&#"+1$ ' F*$'
*-"1"3.,.2'-.?+"L2'&-,&'-"C&'($'>$2-$#E'.'1.'B"#-.'($1'$c)$#&'($'&:$,-.'F*$')&1?.+.'$1'
?$,).(& ' ; ' ($ ' 1. ' ("#C&2"+"1"(.( ' ($ ' 1&# ' p>,"$>*$)"11&# ' 8.?+,"$2-&#q ' =B.")*9&9/#
)/9.%)2/@ ' . ' $I$,)$, ' #* ' C,&:$#"62 ' . ' )*.1F*"$, ' C,$)"&< ' !.(. ' .($?H# ' 1. ' $#-,*)-*,.'
)1"$2-$1.,'($'1.'#&)"$(.(',&?.2.E'1.'&#-$2-.)"62'($'1.'C&#$#"62'($'&+,.#'>,"$>.#'&'1.'

)&&

$c8"+")"62 ' ($ ' )"$,-.# ' )&#-*?+,$# ' ?H# ' 1")$2)"&#.# ' .#&)".(.# ' . ' N,$)". ' -.?C&)&'
($+"$,&2'($'C.#.,'($#.C$,)"+"(.#'C.,.'1.'?.;&,K.'($'F*"$2$#'#$'B$K.2'&+1">.(&#'
C&,'1.')&#-*?+,$'.',$2(",')&2#-.2-$'C1$"-$#K.'.2-$'#*#'C,&-$)-&,$#<'41',$#*1-.(&':*$'1.'
$?$,>$2)".'$2'1.'?$2-.1"(.('C&C*1.,'($'*2.'#$,"$'($'$#-$,$&-"C&#'F*$'($:"2K.2'1&'
>,"$>&')&?&'.1>&'$2B"(".+1$';'.-,.)-"B&'F*$'C,&C&,)"&2.+.')&?&("(.($#E'C,$#-">"&';'
("B$,#"&2$#<'a1")8L#')&?&'$1'($1':"16#&:&')8.,1.-H2E'&'$1'($1'$#C$)".1"#-.'$?+.*).(&,'
$2'-&(.')1.#$'($'#.+$,$#E'&+I$-&#'#&+,$B.1&,.(&#'C&,'#*')*.1"(.('.,-K#-").'($'?.-,"3'
>,"$>.').*#.2-$#'($'.(?",.)"62E'&'*2.':&,?.'($'B"(.'1*I&#.';',$:"2.(.'F*$E'.*2F*$'
)&2-,.#-.+.2'($':&,?.'$B"($2-$')&2'1&#'C,$#*C*$#-&#'?*)8&'?H#'.*#-$,&#'($'1.'
?&,.1'-,.(")"&2.1',&?.2.E'2&'($I.,&2'($'$I$,)$,E'#"'$?+.,>&E'*2'C,&:*2(&'.-,.)-"B&'
#&+,$'+*$2.'C.,-$'($'1.'C&+1.)"62<
b,&+.+1$?$2-$ ' $#-. ' .-,.))"62 ' C&, ' 1& ' >,"$>& ' #$ ' ?.2":$#-6 ' -.?+"L2 ' ?*)8&'
.2-$#'$2-,$'1.#'("B$,#.#'.,"#-&),.)".#'"2(K>$2.#'($'1&#'2*?$,&#&#'C*$+1&#')&2'1&#'
F*$'1&#'>,"$>&#'$2-,.,&2'$2')&2-.)-&'.'1&'1.,>&'($'1.#'C,"?$,.#'$-.C.#'($'#*'8"#-&,".<'
D&#'#">2&#'?H#'$B"($2-$#'($'$#-$'8$)8"3&E'?H#'&'?$2&#')",)*#-.2)".1'&'(*,.($,&E'
#&2'1.#'8*$11.#'($1'C,&)$#&')&2&)"(&E'$2'&).#"&2$#')&2'($?.#".(.'1">$,$3.E')&?&'
8$1$2"3.)"62E ' )&2#"#-$2-$ ' $2 '1. ' .(&C)"62 ' ($ ' >*#-&#E ' )&#-*?+,$# ' ;' #&+,$ '-&(& '($'
&+I$-&#'>,"$>&#E'.1>*2&#'($'1&#')*.1$#'8.2'F*$(.(&'1*$>&',$:1$I.(&#'$2'1&#'.I*.,$#'
($'1.#'-*?+.#'C,"2)"C$#).#'($'(")8.#'L1"-$#E')&2'$I$?C1&#'-.2'$?+1$?H-")&#')&?&'1.'
;. ' ?$2)"&2.(. ' ),H-$,. ' ($ ' i"cE ' .1>*2&# ' -J?*1&# ' ($1 ' #*, ' ($ ' A*#". ' & ' 1&#'
$2-$,,.?"$2-&#'$-,*#)&#E',$).,>.(&#'($'$#C1L2("(.#'?*$#-,.#'($'1.'?$I&,')$,H?").'
>,"$>.<
4#-.':.#)"2.)"62'C&,'1&'>,"$>&'.:$)-6'($#C*L#'.'-&(.'1.')*1-*,.'$*,&C$.E'#&+,$'
-&(&'.'C.,-",'($1'A$2.)"?"$2-&E'#"'+"$2'2&'#"$?C,$'$#-*B&'($1'-&(&')1.,.'1.'(":$,$2)".'
$#C$)K:"). ' $2-,$ ' 1& ' F*$ ' $,. ' >$2*"2.?$2-$ ' >,"$>& ' ; ' #* ' .C,&C".)"62 ' $2 ' :&,?. ' ($'
"?"-.)"62'&'($'#"?C1$')&C".'C&,'C.,-$'($'A&?.<'f2'$I$?C1&'"1*#-,.-"B&'$#'1.')&,,"$2-$'
($'.(?",.)"62'8.)".'1.#')&C".#',&?.2.#'$2'$1'-$,,$2&'($'1.#'.,-$#'C1H#-").#E'.':.1-.'
($'1&#'&,">"2.1$#'>,"$>&#E'F*$'.>*.,(.+.2'-&(.BK.'#*'($#)*+,"?"$2-&'($1':&2(&'($1'
?.,'&'($1'#*$1&'($'1&#'>,.2($#'#.2-*.,"&#'C.28$1L2")&#<'D.')1.,.'($).2-.)"62'8.)".'
1& ' >,"$>& ' F*$ ' #$ ' C,&(*I& ' . ' C.,-", ' ($1 ' #">1& ' di555E ' )&2 ' $1 ' ,$#*,>"?"$2-& ' ($1 ' "($.1'
8$1L2")&'.').#"'-&(&#'1&#'2"B$1$#E'-*B&'-.?+"L2'#*'"2)"($2)".'$2'$1'>*#-&'C&C*1.,E'
)&?&'.-$#-">*.'$1':$,B&,'#*#)"-.(&'$2-,$'1&#'1$)-&,$#'C&,'*2.'#$,"$'($'&+,.#')*;.'
(":*#"62 ' ; ' .)&>"(. ' $2-,$ ' $1 ' CJ+1")& ' #">*$ ' -&(.BK. ' 8&; ' C,&B&).2(& ' 2*$#-,& ' ?H#'
)&?C1$-& ' .#&?+,& ' ; ' .(?",.)"62< ' e+,.# ' )&?& '!"/ # 4M)2(9."/ # +) # 0)&85"*'' ($'
M$2L1&2E'.C.,$)"(.'$2'UYUYE'F*$')&2'?.2":"$#-.'"2-$2)"62'C$(.>6>").';'#$2-"?$2-.1'
,$),$.+.'1.#'.B$2-*,.#'($1'8"I&'($'f1"#$#E'11$>.2(&'.'.1).23.,'8.#-.'OP'$(")"&2$#'$2'
*2 ' ?"#?& ' .%&E ' & ' $1 'Z%"D) # +)& # D'M)2 #42"*"./%/ # 6'. # P.)*%"E ' ($1 ' .+.-$ ' \.,-8L1$?;E'
C*+1").(&'$2'UYXXE'F*$'C,$-$2(K.'C,$#$2-.,'*2')*.(,&'B"B&'($'1.'N,$)".'($1'#">1&'i'
.<a<',$),$.(&'$2'#*#'?H#'?K2"?&#'($-.11$#E'-,.(*)"(&'"2?$(".-.?$2-$'.').#"'-&(.#'
1.#'1$2>*.#'$*,&C$.#';'F*$'.1).236'-.?+"L2'$1',$#C$-.+1$'2J?$,&'($'^O'$(")"&2$#'
$2-,$'UYXX';'UXZQE'#&2'(&#'?*$#-,.#'"1*#-,$#'($'$#-$':$,B&,'C&C*1.,'C&,'1.'"?.>$2'
?K-"). ' $ ' "($.1"3.(. ' ($ ' 1. ' N,$)". ' .2-">*. ' F*$ ' #$ ' ,$#C",.+. ' $2-,$ ' 1&# ' )K,)*1&#'
"2-$1$)-*.1$#'($'4*,&C.'$2'.F*$11&#'?&?$2-&#<
R"2'$?+.,>&E';.'#$'8.+K.2'C,&(*)"(&'$2'$1'#">1&'C,$)$($2-$E'$1'di55E'.1>*2&#'
#K2-&?.#'F*$'$B"($2)".+.2'$#-$').?+"&'($',*?+&';'F*$')&2-,"+*;$,&2'($'?.2$,.'
($)"#"B.'.'1.'("B*1>.)"62'($'*2.'#$,"$'($')&2&)"?"$2-&#'F*$'C&,'$2-&2)$#'#61&'#$'
8.11.+.2'.1'.1).2)$'($'1.#'>$2-$#'F*$'C&#$K.2'$1',.,&'C,"B"1$>"&'($'*2.'$(*).)"62'
:&,?.1< ' f2. ' &+,. ' )&?& 'H& # P."2 # ,%.'' ($ ' S.>($1$"2$ ' ($ ' R)*(L,;E ' .C.,$)"(. ' .'

)&'

?$(".(&#'($1'#">1&E'F*$'2&'$#'&-,.')&#.'F*$'*2.'1.,>.'2&B$1.'($'.B$2-*,.#'$2'1.'F*$'
1.'#.+"(*,K.'($'0-$2.#E',$C,$#$2-.(.'.F*K'C&,'$1':.+*1"#-.'4#&C&E'#$'C&2K.'.1'#$,B")"&'
($'*2'?&2.,).'C$,#.'$2.?&,.(&E'#$')&2B",-"6'(*,.2-$'*2'1.,>&'C$,K&(&'($'-"$?C&'$2'
*2.'.*-L2-").'$2)")1&C$(".').C.3'($'C,&C&,)"&2.,'"2:&,?.)"62'.)$,).'($'N,$)".'.'
$#-.')1.#$'($'CJ+1")&<'D&#'"2>,$("$2-$#',&?H2-")&#'($'1.'&+,.E'2&'($#C,&B"#-&#'($'
$2).2-&'"2)1*#&'$2'1.'.)-*.1"(.(E',$#*1-.,&2'($-$,?"2.2-$#'.'1.'8&,.'($'#*#)"-.,'$2-,$'
#*'$c-$2#.'.*("$2)".'*2.')"$,-.'#"?C.-K.'C&,'1.')"B"1"3.)"62'>,"$>.E'F*$'C&,'$2-&2)$#'
1$#',$#*1-.+.'*2'?*2(&')&?C1$-.?$2-$'$c-,.%&E'.I$2&'($1'-&(&'.'#*#'"2-$,$#$#<'41'
>,.2'CJ+1")&'2&'$,.').C.3'($'("#-"2>*",'$2-,$'$1'?*2(&'>,"$>&';'$1',&?.2&E'C$,&'
-.?C&)& ' #$ ' ("#-"2>*K. ' ?*)8& ' $2 ' $#-$ ' .#C$)-& ' 1. ' L1"-$ ' ?H# ' "1*#-,.(.E ' F*$ ' 8.+K.'
,$)"+"(& '$2#$%.23. '$2',$-6,").';'?"-&1&>K.E')&?& ',$B$1.'$1'$#).#&'"2-$,L#'($'1&#'
>,.2($# ' .*-&,$# ' (,.?H-")&# ' ($1 ' -$.-,& ' :,.2)L#E ' a&,2$"11$E ' A.)"2$ ' ; ' S&1"$,$E ' C&,'
0-$2.#'&'4#C.,-.<
D.',$-6,").')&2#-"-*K.'*2'"2#-,*?$2-&'"2("#C$2#.+1$'C.,.'($#$2B&1B$,#$'($2-,&'
($ ' 1. ' #&)"$(.( ' ?*2(.2. ' ($ ' 1&# ' #.1&2$# ' ($ ' 1. ' LC&). ' ; ' 1. ' ?"-&1&>K. ' $,. ' 1. ' >*K.'
"?C,$#)"2("+1$'C.,.'1.')&?C,$2#"62'($'1.#'C"2-*,.#';'$#)*1-*,.#'F*$'.(&,2.+.2'1.#'
)&1$))"&2$#'CJ+1").#';'C,"B.(.#'($'$#-$'C$,K&(&<'R"2'$?+.,>&E'2"2>*2&'($'$#-&#'(&#'
H?+"-&#'>.,.2-"3.+.'1.'(":*#"62'($1')&2&)"?"$2-&';'($'1.'.:")"62'8.)".'1&'>,"$>&'$2-,$'
1.'#&)"$(.('$2'>$2$,.1<'D.',$:$,$2)".'C&,'.2-&2&?.#".'($'1.',$-6,").'$,.'$1',&?.2&'
a")$,62E ';. ' F*$' $1 '1.-K2' #$>*K.' #"$2(& '1.' 8$,,.?"$2-. 'C,H)-"). ':*2(.?$2-.1' $2 '$1'
-$,,$2&'($'1.'$1&)*$2)".E';'2&'$1'>,"$>&E'F*$'#$'*-"1"3.+.'-.2'#61&'C.,.'C&($,'.C,$)".,'
?$I&, ' 1&# ' $#),"-&# ' ($ ' 1. ' 5>1$#". ' .2-">*.< ' D. ' ?"-&1&>K.E ' C&, ' #* ' C.,-$E ' . ' C$#., ' ($1'
.-,.)-"B&'F*$'$I$,)K.2'1.#'C"2-*,.#';'$#)*1-*,.#'F*$',$C,$#$2-.+.2'.'1.#'("B"2"(.($#'
C.>.2.#';'#*#'.2(.23.#'.?&,&#.#E'F*$(6',$(*)"(.'.'C&)&'?H#'F*$'*2.'#$,"$'($'
:&,?.# ' F*$ ' 2& ' -$2K.2 ' #">2":").)"62 ' .1>*2.E ' )&?& ' 8. ' #$%.1.(& ' )&2 ' .)"$,-& ' 7$.2'
R$32$)< ' R$ ' -,.-.+.E ' $2 ' $:$)-&E ' ($ ' *2. ' B"#"62 ' ($ ' 1. ' ?"-&1&>K. ' )&?C1$-.?$2-$'
.1$>&,"3.(.E'+.#.(.':*2(.?$2-.1?$2-$'$2'1.#'S)("5'.A'/%/'($'eB"("&E'F*$'$,.'1$K(.'
$2-&2)$#')&?&'*2.'$#C$)"$'($'?.2*.1'.1'*#&E'#"2'F*$'11$>.,.'.'$2-$2($,#$')&?&'*2'
)6(">& ' ($ ' $cC,$#"62 ' F*$ ' ,$:1$I.+. ' . ' #* ' ?.2$,. ' 1&# ' C,&+1$?.#E ' "2F*"$-*($# ' ;'
.#C",.)"&2$#'($'*2.')"B"1"3.)"62'($-$,?"2.(.<
R"2 ' $?+.,>& ' 8*+& ' 2&-&,".# ' $c)$C)"&2$# ' ($2-,& ' ($ ' *2 ' C.2&,.?. ' C&)&'
:.B&,.+1$ ' . ' 1. ' (":*#"62 ' ($1 ' >*#-& ' C&, ' 1& ' >,"$>&E ' ($+"(& ' .1 ' C,$(&?"2"& ' -&(.BK.'
8$>$?62")& ' ($ ' 1& ' ,&?.2&E ' $c-$2("(& ' .8&,. ' -.?+"L2 ' . ' 1. ' 5>1$#".E ' )*;. ' ),$)"$2-$'
"2:1*$2)".'#$'($I.+.'2&-.,'-.?+"L2'$2'$#-$'-$,,$2&E';'.'1.'&+#$#"62')&?C*1#"B.'C&,'
-&(&'1&'?&($,2&'$2'*2.'LC&).'?.,).(.'C&,'1&#'2*$B&#'($#)*+,"?"$2-&#'>$&>,H:")&#'
;'C&,'1.'$)1&#"62'($'1.#')"$2)".#':K#").#';'$cC$,"?$2-.1$#<'D&#')*.(,&#'?"-&16>")&#'($'
]")&1H# ' b&*##"2E ' F*$ ' $#).C.+.2 ' ($ ' 1.# ' "2B$2)"&2$# ' .1 ' *#& ' $2 ' $#-$ ' ).?C& ' ;'
?&#-,.+.2 ' *2. ' .)-"-*( ' ?H# ' ,$:1$c"B. ' .)$,). ' ($ ' 1.# ' >,.2($# ' )*$#-"&2$# ' F*$ ' 1&#'
,$1.-&#'?K-")&#'$2)$,,.+.2E':*$,&2').C.)$#'($')&?*2").,'.'1&#'$2-*#".#-.#'.1>*2&#'
$1$?$2-&#'),*)".1$#'($'$#-.'2*$B.'B"#"62E')&?&'1.'$?&)"62'>,"$>.'.2-$'1.'+$11$3.E'$1'
#$2-"?"$2-&'-,H>")&';'$1'(&?"2"&'($1'$#CK,"-*'8*?.2&'&'1.'#&1$(.('($1'8&?+,$'.2-$'1.'
2.-*,.1$3.';'#*'-,"*2:&':"2.1'#&+,$'1.'+.,+.,"$'($'1&#'$1$?$2-&#<'T.?+"L2'8.;'F*$'
($#-.).,'$2'$#-$'-$,,$2&'$1'C.C$1'($#$?C$%.(&'C&,'.1>*2.#'-,.(*))"&2$#'($'-$c-&#'
>,"$>&#')&?&'1.#'($'!0+1.2)&*,-'($'D*)".2&';E'#&+,$'-&(&E'1.'($'0?;&-'($'b1*-.,)&E'
,$.1"3.(. ' $2 ' UVVZE ' F*$ ' :*$ ' 1*$>& ' -,.(*)"(. ' .1 ' "2>1L# ' C&, ' #", 'T8&?.# ' ]&,-8 ' ; ' #$'
)&2B",-"6'$2'1.'C,"2)"C.1':*$2-$'($'"2#C",.)"62'($'1.#'&+,.#')1H#").#'($'R8.j$#C$.,$<
]&'8.;'F*$'&1B"(.,'$1'C.C$1'-.?+"L2'($)"#"B&'F*$'1.'$c8"+")"62'($'1.#'>,.2($#'
)&1$))"&2$#'($'&+,.#'($'.,-$'>,"$>.#';'1.'),$.)"62'($'1&#'>,.2($#'?*#$&#'-*B"$,&2'

)&(

$2'1.'C&C*1.,"3.)"62'($'1.'"?.>$2'($'N,$)".';'$2'$1'#*,>"?"$2-&'($'1.'.:")"62'8.)".'
-&(.#'#*#'?.2":$#-.)"&2$#<'41'"?C.)-&'C,&B&).(&'$2'52>1.-$,,.')&2'1.'11$>.(.'($'1.#'
$#)*1-*,.# ' ($1 ' b.,-$262 ' )&2#-"-*;$ ' *2 ' +*$2 ' $I$?C1& ' ($ ' $#-. ' )",)*2#-.2)".< ' a&2'
.2-$,"&,"(.(E'*2'1"+,&'($'1.#'("?$2#"&2$#'($'!"/#42(%B[)+"+)/#+)#4()2"/'($'R-*.,-';'
A$B$-- '=)*.-,& '"?C&2$2-$# ' ; ' $1$>.2-$# 'B&1J?$2$# ' ?H# '*2 ' #*C1$?$2-&@ ' ;. ' 8.+K.'
).*#.(& ' *2 ' >,.2 ' "?C.)-& ' ; ' 8.+K. ' "?C*1#.(& ' 1. ' -,.2#:&,?.)"62 ' ($1 ' >*#-&'
.,F*"-$)-62")&'$2'52>1.-$,,.E'.($?H#'($'8.)$,':.?&#&'.'#*'.*-&,E'F*$':*$')&2&)"(&'.'
C.,-",'($'$2-&2)$#')&?&'R-*.,-'$1'.-$2"$2#$<'R*#'$B.1*.)"&2$#'.,F*"-$)-62").#'($'
.1>*2&# ' ?&2*?$2-&# ' )&?& ' 1. ' ($2&?"2.(. ' -&,,$ ' ($ ' 1&# ' B"$2-&# ' & ' 1. ' 1"2-$,2. ' ($'
D"#K),.-$#'1$#'8.2'($C.,.(&'*2'1*>.,'($'8&2&,'.'C.,-",'($'$2-&2)$#'$2'-&(.#'1.#'
>*K.#'($'0-$2.#'.'C$#.,'($'#*'"2#">2":").2-$'$#C$)-.)*1.,"(.('.1'1.(&'($'1.'0),6C&1"#<'
0?+.# ':*$,&2 '*-"1"3.(.# ' )&?& '?&($1&# ' ($ '"2#C",.)"62 'C.,. '-&(& '-"C& ' ($ ' $(":")"&#'
2$&)1H#")&# ' F*$ ' $?C$3.,&2 ' . ' C&+1., ' . ' C.,-", ' ($ ' $2-&2)$# ' $1 ' C."#.I$ ' "2>1L#< ' D.#'
)&1*?2.#'($'$#-"1&'(6,")&'#$')&2B",-"$,&2'$2'$1'#K?+&1&')$2-,.1'($'$#-.',$B&1*)"62'$2'
$1'>*#-&<'41'p>*#-&'>,"$>&q'#$',$:1$I.+.'$2'*2'.?C1"&'$#C$)-,&'($'.)-"B"(.($#'F*$'
"+.2'($#($'1.#'.,-$#'8.#-.'$1'?&+"1".,"&';'1.'?&(.<'f2.')"$,-.'p>,$)&?.2K.q'"2B.("6'
4*,&C.'$2'$#&#'?&?$2-&#<'D.'-,.2#:&,?.)"62'*,+.2K#-").'F*$':,"$,&2'1.#').C"-.1$#'
$#).2("2.B.# ' )&?& ' a&C$28.>*$E ' e#1& ' ; ' h$1#"2j" ' & ' 1. ' )&2B$,#"62 ' ($ ' $#-$ ' $#-"1&'
2$&>,"$>&'$2'*2.'$#C$)"$'($'$#-"1&'2.)"&2.1'.?$,").2&E'(&2($'2*?$,&#&#'$(":")"&#'
:*$,&2'$,">"(&#'C&,'-&(&'$1'C.K#'+.#.(&#'$2'1.#'(",$)-,")$#';'("#$%&#'($'R-*.,-';'
A$B$--E'"1*#-,.2'1.#'("?$2#"&2$#').#"'C1.2$-.,".#'($'1&#').?+"&#'C,&C*1#.(&#'C&,'1.'
.(?",.)"62'#"2'-,.+.#'8.)".'1.'.,F*"-$)-*,.'>,"$>.<
e-,&'$1$?$2-&'"?C&,-.2-$'F*$')&2-,"+*;6'($'?.2$,.'($)"#"B.'.'C&C*1.,"3.,'1.'
"?.>$2'($'N,$)".':*$'1.')&,,"$2-$'($':"1&8$1$2"#?&'#*#)"-.(.'.',.K3'($'1.'>*$,,.'($'
1"+$,.)"62')&2-,.'1.'(&?"2.)"62'-*,).'$?C,$2("(.'$2'1&#'.%&#'B$"2-$'($1'#">1&'d5d<'
a*.2(&'#$')&2&)"6'1.'2&-")".'($'1.'#*+1$B.)"62E'2*?$,&#&#'B&1*2-.,"&#'$#-*B"$,&2'
("#C*$#-&#'.'#*?.,#$'.'1.').*#.'($#($'-&(&#'1&#',"2)&2$#'($'4*,&C.<'D.'&+,.';'1.#'
.)-"-*($# ' ($ ' \;,&2 ' C*#"$,&2 ' #* ' "?C&,-.2-$ ' >,.2"-& ' ($ ' .,$2. ' $2 ' 1. ' (":*#"62 ' ($ ' 1.'
#"?C.-K. ' >$2$,.1"3.(. ' 8.)". ' 1. ' ).*#. ' >,"$>.E ' -,.2#:&,?.2(& ' *2 ' ?&B"?"$2-& ' ($'
,$+$1"62'C*,.?$2-$'1&).1'$2'*2.'.*-L2-").'),*3.(.'($'-"2-$#',&?H2-")&#<'b&,'-&(.'
4*,&C.'#$':&,?.,&2'#&)"$(.($#';')&?"-L#')*;.':"2.1"(.('$,.'1.'($',$*2",':&2(&#'C.,.'
.C&;., ' 1. ' ,$+$1"62< ' R$ ' &,>.2"3.+.2 ' )&2)"$,-&#E ' &+,.# ' -$.-,.1$# ' ; ' $cC&#")"&2$#'
C")-6,").#'F*$'.($?H#'($',$2(",'8&?$2.I$'.'1&#',$+$1($#'>,"$>&#',$).*(.+.2'1.#'
.;*(.#':"2.2)"$,.#'2$)$#.,".#'C.,.'.C&;.,'1.',$B*$1-.<'!"/#,"2*%'2)/#+)#&'/#B.%)B'/#
($1'.1$?H2'o"18$1?'Sl11$,E'C*+1").(.#'$2'UXOUE'B$2("6'?H#'($'?"1'$I$?C1.,$#'$2'
#$"#'#$?.2.#E '.1>*2&# 'C&$?.# ')&2?&B$(&,$# 'F*$'.C.,$)K.2 '$2'1&#'(".,"&# '?H#'
C,$#-">"&#&# ' C,&B&).+.2 ' 1.# ' 1H>,"?.# ' ($ ' #*# ' 1$)-&,$# ' ; ' .1>*2&# ' $#C$)-H)*1&# ' ($'
-$?. ' 8$1L2")&E ' )&?& ' 1. ' -,.>$(". '!);2%+"/' ($ ' S")8$1 ' b")8.-E ' $#-,$2.(. ' $2 ' UXOVE'
:*$,&2'.)&>"(&#')&2'$2&,?$'$2-*#".#?&<'D.#'$cC,$#"&2$#'($'#"?C.-K.';'#&1"(.,"(.('
.1).23.+.2'2"B$1$#')"$,-.?$2-$'11.?.-"B&#E')&?&'1.'B$2-.'($'(*1)$#'($)&,.(&#')&2'
C.,$.(&# ' :"1&8$1L2")&# ' $2 ' *2. ' C.#-$1$,K. ' .1$?.2.E ' 1. ' .C&,-.)"62 ' #"2>*1., ' ($ ' 1&#'
&+,$,&#':,.2)$#$#E')*;&'1$?.'C,&C.>.2(K#-")&'"2)"-.+.'.'+$+$,'*2.'+&-$11.'?$2&#'
C.,. ' .C&;., ' )&2 ' (")8&# ' ,$)*,#&# ' 1. ' ).*#. ' >,"$>.E ' & ' 1.# ' (&2.)"&2$# ' ($ ' I&;.#'
C$,#&2.1$# ' ($ ' .1>*2.# ' (.?.# ' .,"#-&),H-").#< ' a&?& ' 8. ' #$%.1.(& ' M.2"mS.,".'
T#">.j&*E'$1':"1&8$1$2"#?&':*$'*2'B$,(.($,&'?&B"?"$2-&'C&C*1.,'pF*$'.-,.K.'C&,'">*.1'
. ' &+,$,&# ' :,.2)$#$#E ' +.2F*$,&# ' #*"3&#E ' (.?.# ' ($ ' 1. ' .,"#-&),.)". ' :,.2)$#.E'
"2-$1$)-*.1$#'.1$?.2$#E'.'1.':.?"1".',$.1'#*$).'&'.1'C,K2)"C$'($'\.B"$,.E'$#'($)",E'.'
-&(&#'1&#'$*,&C$&#'($'.1-.#'?",.#q<

)'*

D.'C.)":").)"62'($:"2"-"B.'($1'C.K#'.'?.2&#'($'1.#'C&-$2)".#'"2-$,2.)"&2.1$#E'1.'
)&2#&1"(.)"62E'1$2-.'C$,&'C,&>,$#"B.E'($'#*#'"2#-"-*)"&2$#';'$1')&2#">*"$2-$'.*?$2-&'
)&2#"($,.+1$'($'1.#')&2(")"&2$#'($'#$>*,"(.('C.,.'B".I.,'8.#-.'N,$)".'$?C$3.,&2'.'
:.B&,$)$,'1.'11$>.(.'$2'?.#.'($'1&#'C,"?$,&#'-*,"#-.#'8.#-.'#*$1&'>,"$>&E'.'C$#.,'($'
1. ' C$,#"#-$2)". ' $2(L?"). ' ($ ' .1>*2&# ' ?.1$# ' )&?& ' $1 ' +.2(&1$,"#?&E ' F*$ ' C,&B&)6'
.",.(.#'C,&-$#-.#'$2'1&#'B".I$,&#'&))"($2-.1$#';'8.#-.'-&(&'*2'1"+,&E'?*;'C&C*1.,'$2'
M,.2)".'$'52>1.-$,,.E'&+,.'($'*2':,.2)L#'11.?.(&'4(?&2-'0+&*-E'F*"$2'?&#-,.+.'#*#'
C.-$2-$#'F*$I.#'$2':&,?.'($'#H-",.'#&+,$'1.#'($C1&,.+1$#')&#-*?+,$#'($'1.'N,$)".'
)&2-$?C&,H2$.< ' !$ ' 8$)8&E ' :*$ ' $2 ' UXQQ ' )*.2(& ' #$ ' &,>.2"36 ' $1 ' C,"?$, ' ),*)$,&'
-*,K#-")& ' C&, ' .>*.# ' >,"$>.#< ' D&# ' C,"?$,&# '$2 ' 11$>., ' :*$,&2E ' #"2 ' $?+.,>&E '.1>*2&#'
.,"#-6),.-.#'F*$'.?C1".+.2'.#K'$1')",)*"-&'-,.(")"&2.1'($1'B."2+#('9.',$#-,"2>"(&'8.#-.'
$2-&2)$#'.'5-.1".E'C"2-&,$#'$2'+*#).'($'C."#.I$#'$c6-")&#';'C"2-&,$#)&#';'$#-*("&#&#'
($'1.#'.2-">l$(.($#E'F*$'.?C.,.(&#'$2'1.#'?$I&,$#')&2(")"&2$#'($1'C.K#'+*#).+.2'
1.#'8*$11.#'($1'>1&,"&#&'C.#.(&'8$1L2")&<'a&2'$1'-"$?C&'N,$)".'#$'8.')&2B$,-"(&'$2'
*2& ' ($ ' 1&# ' C,"2)"C.1$# ' ($#-"2&# ' -*,K#-")&# ' ($1 ' ?*2(& ' .1 ' F*$ ' .:1*;$2 ' .2*.1?$2-$'
?"11&2$# ' ($ ' C$,#&2.# ' C,&)$($2-$# ' ($ ' -&(.# ' 1.# ' C.,-$# ' ($1 ' ?*2(&< ' R* ' #&1 ' ; ' #*#'
C1.;.#'.-,.$2'.'2*?$,&#&#'B"#"-.2-$#E'C$,&'2&')&2#-"-*;$2'$1'C,"2)"C.1'.1")"$2-$E';.'
F*$'(")8&#'$1$?$2-&#'#&2')&?C.,-"(&#'C&,').#"'-&(&#'1&#'C.K#$#'?$("-$,,H2$&#<'41'
?&-"B& ' :*2(.?$2-.1 ' F*$ ' $# ' $cC1&-.(& ' )&2#)"$2-$?$2-$ ' C&, ' 1&# ' ).,-$1$# ' ($'
C,&?&)"62'&:")".1';'C&,'1&#'-&*,''6)."('./'"2-$,2.)"&2.1$#'($#-.).'$#C$)".1?$2-$'1&#'
,$#-&# ' ?&2*?$2-.1$# ' F*$ ' .-$#-">*.2 ' #* ' 1$>$2(.,". ' 8"#-&,".E ' F*$ ' .C.,$)$2'
:,$)*$2-$?$2-$'$2?.,).(&#'$2'?$("&'($'"(K1")&#'C."#.I$#E'.)&?C.%.(&#'.'?$2*(&'
C&,'1.'?$2)"62'($'1&#'C&$-.#';'.,-"#-.#'.2-">*&#'F*$'8.+"-.,&2'.F*$1'$#)$2.,"&<
R$'-,.-.E'$2'($:"2"-"B.E'($'C,&?&)"&2.,'*2'B".I$'.'1&#'&,K>$2$#E'($'$#-"?*1.,'*2'
,$$2)*$2-,&')&2'1&'F*$'#$'C,&)1.?.')&?&'2*$#-,&'C.#.(&')&?J2E'#$>J2',$3.2'1&#'
$#16>.2$#'C*+1")"-.,"&#';',$)&2&)$2'1&#'#&)"61&>&#'F*$'8.2'$#-*(".(&'$1':$26?$2&E'
$2'$1'F*$'1.'"?.>"2.)"62E',$C$-"(.?$2-$'.1"?$2-.(.'$2'$#-&#'-6C")&#'C&,'1&#'.%&#'($'
$#)*$1.';G&'*2"B$,#"(.(';'C&,'-&(.'*2.'C.,.:$,2.1".'?$("H-").'F*$'*-"1"3.2'#"2'2"2>J2'
$#),JC*1&'-.1$#'1$?.#')*.2(&'($'B$2($,'#$'-,.-.'#"2'&-,.#'?",.#'?H#':"1.2-,6C").#E'
.).+. ' $2-,$?$3)1H2(&#$ ' )&2 ' 1. ' .-,.))"62 ' C&, ' 1&# ' .#C$)-&# ' ?H# ' C"2-&,$#)&# ' ;'
C,"?&,(".1$#'($'*2'C.K#'.1'F*$'#$')&2#"($,.'-&(.BK.'1$I&#'($'1&#'C.,H?$-,&#'?H#'
$#?$,.(&#';'.#LC-")&#'($'1&#'1*>.,$#'($'C,&)$($2)".'($1'-*,"#-.<'!&2.1('h&,2$E'$2'
#* ' 1"+,& '0-) # P.)"( # S9/)95E ' C*+1").(& ' $2 ' UZX^E ' )&2#"($,. ' 1&# ' 1*>.,$# ' ?H#'
$?+1$?H-")&#'($'1.'>$&>,.:K.'>,"$>.E')&?&'0-$2.#E'e1"?C".E'!$1:&#';'.8&,.'1.'-*?+.'
($ ' M"1"C& ' $2 ' i$,>"2.E ' B$,(.($,&# ' C.K#$# ' ($ ' $2#*$%& ' =+.)"5&"2+/@ ' & ' .*-L2-").#'
:.)-&,K.# '$2).,>.(.# '($':.+,").,1&#E 'F*$'.C.,$)$2 '"2#$,-.(&#'($2-,& '($ '-&(. '*2.'
.>$2(.')$,$?&2".1E'$2-,$')*;&#'C*2-&#':&).1$#':">*,.2E'.($?H#'($1'1$>.(&'.2-">*&E'
&-,&# ' )&?& ' 1. ' a,"#-".2(.(E ' $1 ' 1*I& ' ; ' 1&# ' >*#-&# ' .,"#-&),H-")&# ' & ' 1. ' +,*-.1"(.( ' ($1'
"?C$,".1"#?&<'f2'B".I$'F*$'#$'($#1"3.'.'-,.BL#'($'>$&>,.:K.# '$'8"#-&,".# ',$.1$#'$'
"?.>"2.,".#'#"2'F*$'1.#'(":$,$2)".#'$2-,$'*2.#';'&-,.#'.(F*"$,.2'$#C$)".1',$1$B.2)".'
$2'1.')&2)"$2)".'($1'-*,"#-.<'f2.'$#C$)"$'($'C$,$>,"2.)"62E'$2'($:"2"-"B.E'F*$'+*#).'
$2'$#-$').#&'B"#"-.,';',$2&B.,'#*')&?C,&?"#&')&2'*2.#',$1"F*".#'1.").#';'#$)*1.,$#'
)*;.' C,$)"#. ' #">2":").)"62 ' 8"#-6,").E ' ?H# ' .11H ' ($ ' 1&# ' -6C")&# ' $#-L-")&# ' =p+$11K#"?&E'
$#C$)-.)*1.,<<<q@';'8$,&")&#'=p)&2?$?&,.'1.'B")-&,".'($<<<q@E').,$)$'($'"?C&,-.2)".'
,$.1'C.,.'1.'?.;&,K.';'$#'.#K')&?C1$-.?$2-$'&1B"(.(.')&2'$1'"2")"&'($'*2.#'2*$B.#'
B.).)"&2$# '8.)".'2*$B&#'($#-"2&#<']&'&+#-.2-$E'N,$)".')&2-"2J.'?.2-$2"$2(&'#*'
).)8L'($2-,&'($'$#-$'-$,,$2&';'#*#)"-.'-&(.BK.'$1'"2-$,L#'?.;&,"-.,"&')&?&'($#-"2&'
-*,K#-")&E'"?C*1#.(&#'?*)8&#'#$>*,.?$2-$'?H#'C&,'1.'?.>".'($1'2&?+,$')&2'-&(.'#*'

)')

.*,$&1.'?K-").'$'")&2&>,H:").'=$#)*1-*,.#E'-$?C1&#E',*"2.#<<<@'F*$'C&,'*2'($#$&',$.1'
($')&2&)"?"$2-&'($'*2.')"B"1"3.)"62'($1'C.#.(&<

Q%&F#+'&)'.&+&/*

D.'1"-$,.-*,.'($'B".I$E'($').,H)-$,'#$2-"?$2-.1';'2&#-H1>")&E'F*$'+*#).+.'1.#'
8*$11.#'-&(.BK.'B"#"+1$#'($'*2.'N,$)".',$?&-.'$2'#*'$#C1$2(&,';'#*#'>1&,".#E')*;&'
-$#-"?&2"&'C,$#$2-$'#&2'#*'($#&1.)"62';'#*#',*"2.#E';'.'B$)$#')*,"&#.';'11.?.-"B.'C&,'
#*').,H)-$,'C"2-&,$#)&';'$#-,.:.1.,"&E'C&(,K.'($)",#$'F*$'#$'"2")".'$2'C1$2&'C$,K&(&'
"?C$,".1')&2'1.':.?&#.'O).%8B)/%/'($'b.*#.2".#E'F*$',$?$?&,.'*2'C."#.I$')*1-*,.1E'
?K-")&';',$1">"&#&';.'"2$c"#-$2-$'C&,'$1'F*$'-&(.BK.'("#)*,,$2E'#"2'$?+.,>&E'>,.)".#'.'
#* ' .)-& ' ($ ' ,$?$?&,.)"62E ' 1&# ' B"$I&# ' :.2-.#?.# ' F*$ ' $2 ' *2 ' -"$?C& ' 1& ' &)*C.,&2E'
,$)*C$,.(&# ';'$B&).(&# '. '-,.BL#' ($1 '-$#-"?&2"& '"?+&,,.+1$ '($ ' 1&# ' ,$#-&# ' ($ ' #*#'
$(":")"&#';'($1',$1.-&'($'#*#'8"#-&,".#<'R"2'$?+.,>&E'b.*#.2".#'$,.'>,"$>&';'#*'B"#"62'
($'1.#')&#.#'#$'8.)K.E'C&,'-.2-&E'($#($'($2-,&'($'#*'C,&C".')*1-*,.E'.*2F*$'8*+"$,.2'
).?+".(&'($':&,?.'2&-.+1$'1.#')",)*#-.2)".#'8"#-6,").#'($'1&#'-"$?C&#'$B&).(&#')&2'
,$1.)"62'.'1.#'($'#*'C,&C".'LC&).E'$2'1.'F*$'N,$)".'$,.'#"?C1$?$2-$'*2.'C,&B"2)".'
?H# ' ($1 ' "?C$,"& ' ,&?.2&< '0($?H# ' C.,$)$ ' F*$ ' #* ' &+,. ' 2& ' $2)&2-,6 ' 1&# ' 1$)-&,$#'
.($)*.(&# ';'C$,?.2$)"6 '$2 '#"1$2)"&')&?& '?*(& '-$#-"?&2"&'($#($ '1.'02-">l$(.('
8.#-.'F*$'8.'#"(&',$)*C$,.(.'$2'-"$?C&#'+"$2',$)"$2-$#<
]&':*$'L#-$E'$2').?+"&E'$1'($#-"2&'8.+"-*.1'($'-&(.'*2.'1"-$,.-*,.'($'B".I$#'
)&2#.>,.(.'.'1.'($#),"C)"62'($'1.#'-"$,,.'>,"$>.#E'.'B$)$#')&?&'*2.'$-.C.'?H#'($'
*2 ' "-"2$,.,"& ' ?H# ' C,&1&2>.(& ' F*$ ' ("#)*,,K. ' -.?+"L2 ' C&, ' &-,&# ' C.K#$# ' ($ ' 1. ' 3&2.'
&,"$2-.1 ' ($1 ' S$("-$,,H2$& ' ; ' ($1 ' b,6c"?& ' e,"$2-$E ' $1.+&,.(&# ' C&, ' B".I$,&#'
&))"($2-.1$#<'0'C.,-",'($1'#">1&'di55';'#&+,$'-&(&'.'1&'1.,>&'($1'di555';'($1'd5dE'8.)$2'
#*'.C.,")"62'-&(.'*2.'#$,"$'($',$1.-&#'#&+,$'N,$)".'F*$',$:1$I.2'$cC$,"$2)".#',$.1$#'
& ' "?.>"2.,".# ' ; ' F*$ ' &+-*B"$,&2 ' *2. ' ,$)$C)"62 ' )&2#"($,.+1$ ' $2-,$ ' $1 ' CJ+1")&E'
)&2B",-"L2(&#$'"2)1*#&'.1>*2&#'($'$11&#'$2'1&'F*$'8&;').1":").,K.?&#')&?&'.*-L2-")&#'
+$#- ' #$11$,#< ' f2& ' ($ ' 1&# ' "2")".(&,$# ' ($ ' 1. ' #.>. ' :*$ ' N$&,>$ ' R.2(;#E ' F*$ ' B".I6 ' .'
N,$)".'$2'U`UP';')&?C*#&'*2',$1.-&'($'#*'B".I$'F*$'.1).236'8.#-.'2*$B$'$(")"&2$#'
$2'$1'#">1&'#">*"$2-$E'.'C$#.,'($'F*$'#*'&+,.'2&'$,.'?H#'F*$'*2.'#$).',$1.)"62'($'
"2)"($2)".# ' .($,$3.(. ' C&#-$,"&,?$2-$ ' )&2 ' ,$:$,$2)".# ' . ' 1&# ' .*-&,$# ' )1H#")&#< ' 42'
U`YV'.C.,$)"6'&-,&')*,"&#&'1"+,&E'&+,.'($'N$&,>$#'N*"11$-'($'R."2-'N$&,>$E'-"-*1.(&'
4(-82)/#"2*%)22)#)(#2'9M)&&)E'F*$'>&36'-.?+"L2'($'*2.'$c-,.&,("2.,".'C&C*1.,"(.('
$2-,$'$1'CJ+1")&<'R*'.*-&,E'F*$'2*2).'8.+K.'$#-.(&'$2'0-$2.#E')&?C*#&'#*':")-")"&'
,$1.-&'.'C.,-",'($1'C1.2&'($'1.')"*(.('$1.+&,.(&'C&,'1&#'?&2I$#').C*)8"2&#';')&2'$1'
#&C&,-$'($'&+,.#'($').,H)-$,'$,*("-&')&?&'1.'($'S$*,#"*#E'.2-$#')"-.(.<'SH#'(&)-&#'
;':*2(.(&#',$#*1-.,&2'1&#',$1.-&#'$1.+&,.(&#'C&,'$1':,.2)L#'7.)&+'RC&2E'F*$'-,.-6'($'
($#.),$("-.,')&2'#*'&+,.'1.'$#C*,".'($#),"C)"62'($'N*"11$-E';'C&,'$1'"2>1L#'N$&,>$'
o8$1$,'-,.#'#*'B".I$')&2I*2-&'C&,'-"$,,.#'>,"$>.#'$2'$1'J1-"?&')*.,-&'($1'#">1&'di55<'
0?+&#'#$')&2B",-"$,&2'$2'1.#'>*K.#'"2("#)*-"(.#'($'N,$)".'(*,.2-$'?H#'($'*2'#">1&E'
#"'+"$2'$1',$1.-&'($'o8$1$,E'.*2F*$'#$'+.#.+.').#"'C*2-&'C&,'C*2-&'$,2'$1'($'RC&2E'
"2)1*K.'*2.'?.;&,').2-"(.('($'?.-$,".1'.2$)(6-")&'($'-&(&'-"C&E'#&+,$'-&(&'3&&16>")&'

)'!

;'C$,#&2.1E'C&,'1&'F*$')&2#">*"6'#*#)"-.,'1.'.-$2)"62'C,$:$,$2-$'($'1&#'1$)-&,$#'($'1.'
LC&).<
42 ' 1. ' #$>*2(. ' (L).(. ' ($1 ' #">1& ' #">*"$2-$ ' 8"3& ' #* ' .C.,")"62 ' 1. ' &+,. ' ($1'
+&-H2")&':,.2)L#'7&#$C8'b"--&2'($'T&*,2$:&,-E 'I)&"(%'2#+a92#M'3"B)#+9#!)M"2(#A"%( #
6".#'.".)#+9#.'3E'F*$':*$'-,.(*)"(&'.1'.%&'#">*"$2-$'.1'"2>1L#E'B*$1-&'.'$("-.,'$2'UY^U'
; '-,.(*)"(& '.'#*'B$3'.1 '.1$?H2 '$2 '1&# '.%&#'UYY`mUYYY< 'T&*,2$:&,-E'F*"$2E '#$>J2'
!.B"('a&2#-.2-"2$E'C&#$K.'1.#')*.1"(.($#'($1'+*$2'B".I$,&E')&?&'#&2'1.')*,"&#"(.(E'
1.'-&1$,.2)".';'1.'B$,#.-"1"(.(E':*$').C.3'($'C,&C&,)"&2.,E')&?&'2.("$'.2-$#'F*$'L1'1&'
8.+K.'8$)8&E'1.'#$2#.)"62'($'?&B$,#$'.'-,.BL#'($'*2'C."#.I$'$2'$1'F*$',$#&2.+.2'
-&(.BK. ' 1&# ' .2-">*&# ' C,&(">"&#< '0' C$#., ' ($ ' F*$ ' )&2)$2-,. ' 1. ' ?.;&, ' C.,-$ ' ($ ' #*'
.-$2)"62'$2'.#*2-&#'($'8"#-&,".'2.-*,.1E':*$'$1'B".I$,&'?H#')"-.(&'C&,'1&#'8$1$2"#-.#'
($ ' #* ' -"$?C&E ' F*$ ' 1$ ' ,$)&2&)K.2 ' B$,(.($,. ' .*-&,"(.( ' $2 ' $#-$ ' -$,,$2&< ' !$#-.).'
-.?+"L2 ' 1. ' &+,. ' ($1 ' "2>1L# ' 4(?*2( ' a8"#8*11E ' )*;& ' (".,"& ' ($ ' B".I$ ' C&, ' T*,F*K.E'
C*+1").(&'($#C*L#'($'#*'?*$,-$'C&,'#*')&1.+&,.(&,';'.?">&'A")8.,('S$.('$2'UY^YE'
,$)&>$'.1>*2.#'($'#*#'"?C,$#"&2$#'C&,'1.#'-"$,,.#'($'1.'.2-">*.'7&2".<'b,$(&?"2.2'
)1.,.?$2-$'#*#'&+#$,B.)"&2$#'($'C,"?$,.'?.2&E'1"?"-H2(&#$'.')&?C1$-.,'#*',$1.-&'
)&2'1.'?$2)"62'F*$'8.)$2'($'$#&#'1*>.,$#'1&#'C,"2)"C.1$#'.*-&,$#')1H#")&#E'.*2F*$'
($?*$#-,.'-.?+"L2'*2'#&,C,$2($2-$'"2-$,L#'#$2-"?$2-.1'C&,'1.#',*"2.#'>,"$>.#<
0' C.,-", ' ($ ' $#&# ' ?&?$2-&# ' 1&# ' ,$1.-&# ' ($ ' $#-. ' )1.#$ ' #$ ' #*)$($2 ' ).#" ' ($'
?.2$,.')&2-"2*.(.<'S*)8&#'($'$11&#'.1).23.,&2'*2.'>,.2'(":*#"62'?H#'.11H'($'#*#'
C,&C".#':,&2-$,.#';'$2'.1>*2&#').#&#'$?C"$3.2'.'?&#-,.,')1.,&#'#K2-&?.#'($'1&'F*$'
#$,H ' ?H# ' -.,($ ' $1 ' ($2&?"2.(& ' 8$1$2"#?& ' ,&?H2-")&E ' )&2 ' $c8"+")"&2$# ' ).#"'
)&2#-.2-$#'($'*2.'.)-"-*('$?&)"&2.1'8.)".'$1'C."#.I$';'1.#',*"2.#'>,"$>.#<'42'$#-.'
1.,>.'1"#-.'#$'"2)1*;$2'&+,.#')&?&'1.'($1'?L(")&'"2>1L#'a8.,1$#'b$,,;E'4#Z%)1#'A#(-) #
!)M"2(E'($'UY^QE'F*$')&2#">*"6'*2.'$2&,?$'C&C*1.,"(.(';':*$'-,.(*)"(.'.1'.1$?H2E'
1.'($'A")8.,('b&)&)j$E'E)/*.%6(%'2#'A#(-)#H"/(E'$2')*;&'#$>*2(&'B&1*?$2E'C*+1").(&'
$2 ' UYV^E ' .C.,$)K. ' N,$)".E ' F*$ ' :*$ ' -.?+"L2 ' ?*;' 1$K(. ' ; ' -,.(*)"(. ' .1 ' :,.2)L#E ' .1'
.1$?H2';'.1'8&1.2(L#E'#*C&2"$2(&'"2)1*#&'C.,.'#*'.*-&,'*2'"?C&,-.2-$'"?C*1#&'$2'#*'
).,,$,.'$)1$#"H#-").E'1.'($'4>"("&'i.2'4>?&2-';'7&82'h$;?.2E'($'1.,>*K#"?&'-K-*1&'
F*$ ' ?&#-,.+. ' #* ' $2-*#".#?& ' C&, ' 1.# ' +$11$3.# ' ($1 ' .,-$ ' >,"$>&E ' $1 ' )*,"&#& ' ,$1.-&'
-"-*1.(& '!'/ # Z%"D)/ # +) # ,-".&)/ # 0-'56/'2' ($ ' UY^^E ' F*$ ' . ' C$#., ' ($ ' #* ' $B"($2-$'
).,H)-$,':")-")"&';'($')&2-$2$,'.1>*2.#'.B$2-*,.#'"2B$2-.(.#')&2#-"-*;$'*2'.*-L2-")&'
)&?C$2("&'($'-&(&'$1')&2&)"?"$2-&'("#C&2"+1$'$2'1.'LC&).'#&+,$'-&(&#'1&#'C.K#$#'
F*$'-,.-.E'$1')*,"&#&'1"+,&'($'4;1$#'5,["2E'.C.,$)"(&'$2'UYXP';')&2#"#-$2-$'$2'*2.'
#$,"$'($').,-.#'#*C*$#-.?$2-$'$#),"-.#'C&,'$1'.*-&,'$2'$1')*,#&'($'#*#'B".I$#'8.#-.'1.'
52(".E ' (&2($ ' ($#$?C$%.+. ' *2 ' ).,>& 'C.,. '1. ' a&?C.%K. '($ ' 1.# ' 52(".# ' e,"$2-.1$#E'
)*;&'C.#&'C&,'N,$)".')&2-"$2$'"2$F*KB&)&#'#">2&#'($'$#$'8$1$2"#?&',&?H2-")&E'&E'
:"2.1?$2-$E'1.'&+,.'($'01$c.2($,'!,*??&2(E'.C.,$)"(.'$2'UYV^E'F*$E'$2'*2.'#$,"$'
($ ' &+#$,B.)"&2$# ' .1 ' C.#& ' ($ ' #*# ' B".I$# ' ?&-"B.(&# ' C&, ' ,.3&2$# ' )&?$,)".1$#E'
,$B$1.+. ' ($ ' :&,?. ' 2K-"(. ' $#-$ ' -,.-.?"$2-& ' )1.,.?$2-$ ' $?&)"&2.1 ' ($ ' 1. ' N,$)".'
.2-">*.<'4#-.')1.#$'($',$.))"&2$#'$?&)"&2.1$#'8.)".'1&#',$#-&#'($'1.'02-">l$(.('
>,"$>.'#$'$2)*$2-,.2'-.?+"L2'$2'1.#'&+,.#'($'.1>*2&#')"$2-K:")&#')&?&'M,$($,")j'
h.##$1F*"#-E'$1'("#)KC*1&'#*$)&'($'D"22$&E'F*$'$#),"+"6'$1',$1.-&'($'#*#'B".I$#'C&,'
-"$,,.#'($'e,"$2-$E';'b.-,")j'\,;(&2$E'"2-$,$#.(&'$2'1.'$1$)-,")"(.(E')*;&',$1.-&'($'#*'
B".I$'C&,'$1'#*,'($'5-.1".';'R")"1".'.1).236'2*$B$'$(")"&2$#';':*$'-,.(*)"(.'.1':,.2)L#';'
.1'.1$?H2<'f2'C*2-&'($'B"#-.':$?$2"2&'$2'-&(.'$#-.')1.#$'($'1"-$,.-*,.'$#'$1'F*$'
C,&C&,)"&2.'1.(;'S.,;'o&,-1$;'S&2-.>*$E'$#C&#.'($1'$?+.I.(&,'+,"-H2")&'.2-$'$1'
"?C$,"& ' -*,)&E ' .1>*2.# ' ($ ' )*;.# ' ).,-.#E ' (",">"(.# ' . ' #*# ' .?">&# ' "2>1$#$#E ' :*$,&2'

)'"

)&C".(.#'C&#-$,"&,?$2-$';'("#C*$#-.#'C.,.'1.'C*+1").)"62'C&,'#*'.*-&,.'.1':"2.1'($'#*'
B"(.<'i".I6'C&,'-"$,,.'8.#-.'a&2#-.2-"2&C1.'$2'UYU`';',$>,$#6'(&#'.%&#'?H#'-.,($'C&,'
?.,'.'52>1.-$,,.'.'-,.BL#'($'1.#'"#1.#'>,"$>.#';'1.')&#-.'($'0#".'S$2&,<'!$?&#-,6'*2.'
>,.2'#$2#"+"1"(.('8.)".'*2'$2-&,2&'2.-*,.1'F*$'$B&).+.'C&,'#K'#&1&'1.'C,$#$2)".'($'
#*# '.2-">*&# '8.+"-.2-$# ' ; '.2-")"C6 '1. ' "($. '($ ' .C1")., ' 1. '-&C&>,.:K.E ' $1 ')1"?. ';'1.#'
)&#-*?+,$#'.)-*.1$#E'.'-,.BL#'($'1.')&2-$?C1.)"62'(",$)-.'($'(")8&'C."#.I$E'C.,.'1.'
?$I&,'$1*)"(.)"62'($'1&#'-$c-&#'.2-">*&#E'F*$'C&(K.2'$2-$2($,#$'.8&,.'($2-,&'($'1&'
F*$ ' 8.+K. ' #"(& ' #* ' )&2-$c-& ' 2.-*,.1< ' 42 ' *2. ' ($ ' #*# ' ).,-.# ' . ' b&C$E ' $1 ' :.?&#&'
-,.(*)-&,'($'1.'C&F"+"'.1'"2>1L#E')*;&'-$c-&'C&,-.+.')&2#">&'$2'$1')*,#&'($'#*#'B".I$#'
C&,'1.',$>"62'($'1.'T,6.($E'.:",?.+.'8.+$,'$2-$2("(&'.8&,.'1.'+$11$3.'($'.1>*2&#'
C.#.I$# ' F*$ ' .2-$# ' 2& ' 8.+K. ' -$,?"2.(& ' ($ ' )&?C,$2($, ' ($1 ' -&(& ' & ' ($ ' .C,$)".,'
($+"(.?$2-$<
R"2'$?+.,>&':*$'1.'&+,.'($'A&+$,-'o&&('#&+,$'1.'T,6.($E'.C.,$)"(.'$2'UY`YE'
1.'F*$'#*C&'#.).,'?.;&,'C.,-"(&'($'1.'"2#$,)"62'($'1.'1"-$,.-*,.'.2-">*.'$2'$1'C."#.I$'
>,"$>&')&2-$?C&,H2$&<'41'C,&C"&'o&&('.:",?.+.'F*$'$1'&+I$-"B&'($'#*#'B".I$#'2&'$,.'
&-,&'F*$'C&($,'1$$,'1&#'C&$?.#'8&?L,")&#'$2'1&#'?"#?&#'C."#.I$#'C&,'1&#'F*$'#*#'
8L,&$#'8.+K.2')&?+.-"(&';'($.?+*1.(&<'s. '8.+K.'?.2":$#-.(&'$2'$1'C,$:.)"&'($'
.1>*2. ' ($ ' #*# ' &+,.# ' C,$B".#E ' )&?& '!"/ # .9%2"/ # +) # O"&5%."E ' F*$ ' 1. ' 8"#-&,". ' ; ' 1.'
1"-$,.-*,.'C*$($2')&2B$,-",'*2'$#)$2.,"&'$2'?*)8&'?H#'"2-$,$#.2-$'($'1&'F*$'C.,$)$'
.'C,"?$,.'B"#-.<'4#-.+1$)"(.'.#K'$#-.')*,"&#.')&,,$1.)"62'$2-,$'$1'$2-&,2&'2.-*,.1';'1.'
"2#C",.)"62'($1'C&$-.E')&2)1*K.'F*$'?$(".2-$'$1'$#-*("&'($-$2"(&'($1'C.K#'.)-*.1';'1.#'
>$2-$#'F*$'1&'8.+"-.+.2'C&(K.'11$>.,'.')&?C,$2($,#$'?$I&,'1&#'C&$?.#'8&?L,")&#<'
D. ' &+,.E ' ,$$("-.(. ' C&#-$,"&,?$2-$ ' $2 ' UYYV ' )&2 ' $1 ' -K-*1& ' .1>& ' ).?+".(& ' F*$'
.2-$C&2K.'#*'$2#.;&'#&+,$'$1'>$2"&'($'h&?$,&'.'#*#'&+#$,B.)"&2$#'-&C&>,H:").#'
#&+,$ ' 1. ' T,6.($E ' :*$ ' ?*; ' C&C*1.,< ' M*$ ' C",.-$.(. ' $2 ' !*+1K2 ' .1 ' .%& ' #">*"$2-$ ' ;'
-,.(*)"(.'($#C*L#'.1':,.2)L#E'.1$?H2E'"-.1".2&';'$#C.%&1'.2-$#'($')&2)1*",'$1'#">1&<'
e-,& ' B".I$,& ' "?C*1#.(& ' C&, ' 1. ' R&)"$(.( ' ($ ' !"1$--.2-"E ' )&?& ' o&&(E ' :*$ ' A")8.,('
a8.2(1$,E ' F*$ ' :*$ ' $2).,>.(& ' ($ ' 11$B., ' . ' ).+& ' 1. ' $cC1&,.)"62 ' .,F*$&16>"). ' ($ ' 1.'
)&#-. ' ($ '0#". ' S$2&, ' $2-,$ ' UY`^ ' ; ' UY``E ' )*;&#' ,$#*1-.(&# ' #$ ' C*+1").,&2 ' $2 ' (&#'
B&1J?$2$# ' -"-*1.(&# 'C'2%"2 #42((=9%(%)/< ' R"2 ' $?+.,>&E ' :*$,&2 ' #*# ' ,$1.-&# ' ($ ' B".I$'
?*)8&'?H#')&2($2#.(&# 'C*+1").(&# 'C&, '#$C.,.(&')&?& '0."M)&/#%2#4/%"#S%2'.' ;'
0."M)&/#%2#P.))*)' 1&#'F*$'1$'&-&,>.,&2'1.':.?.';'1.'C&C*1.,"(.('$2-,$'$1'CJ+1")&q'
#"$2(&'.($?H#'-,.(*)"(&#'.1'.1$?H2'.1'.%&'#">*"$2-$'($'#*'.C.,")"62E'$2'UYYV';'
UYY` ' ,$#C$)-"B.?$2-$< ' a8.2(1$, ' #$ ' )&2)$2-,. ' C1$2.?$2-$ ' $2 ' $1 ' 1*>., ' F*$ ' B. ' .'
($#),"+", '.(*)"$2(& '#'8"#-&,".'.2-$,"&,E'$1'$#-.(&'.)-*.1'($'#*#',*"2.#';'C&2"$2(&'
?.2":"$#-&'1.#')",)*#-.2)".#'F*$',&($.,&2'#*'C,&C".'B"#"-.E'#"'+"$2'1&#'1$)-&,$#'.C$2.#'
C$,)"+$2'($'#*#'B")"#"-*($#'C$,#&2.1$#'C&)&'?H#'F*$'*2.'$cC$,"$2)".'"2-$1$)-*.1<
42 ' $#-&# ' ?"#?&# ' .%&# ' :"2.1$# ' ($1 ' di555 ' &-,. ' &+,. ' F*$ ' -*B& ' *2 ' Lc"-&'
)&2#"($,.+1$'($'CJ+1")&E'8.#-.'$1'C*2-&'($'.1).23.,'(&#'$(")"&2$#'?H#'$2'1.'(L).(.'
#">*"$2-$';'-,.(*)",#$'.1'"2>1L#E':*$'$1'Z'3"B)#&%((8."%.)#+)#&"#P.8*)#($'b"$,,$'0*>*#-"2'
N*;#E'.C.,$)"(&'$2'UYYU<'41'&+I$-"B& 'C,"2)"C.1'($1'1"+,&'$,.'$#-.+1$)$, '1.'.:"2"(.('
$2-,$'1&#'>,"$>&#'.2-">*&#';'?&($,2&#E'.'1.'?.2$,.'$2'F*$'1&'8.+K.'"2-$2-.(&'.2-$#'
$1';.'?$2)"&2.(&'N*"11$-'C$,&'.1'F*$':.1-.+.2'1.'$cC$,"$2)".'$'"?C1").)"62'C$,#&2.1'
($ ' N*;# ' $2 ' $1 ' -$?.< '0' (":$,$2)". ' ($ ' #*# ' )&2-$?C&,H2$&#E ' 2& ' $cC,$#6 ' 2&#-.1>".'
.1>*2.'C&,'$1'C.#.(&'>,"$>&E'C*$#'$#-.+.')&2B$2)"(&'($'F*$'#*')$1$+,.(.'B"-.1"(.('
C$,B"BK.'-&(.BK.'$2'1.'.)-*.1"(.('"2)&,C&,.(.'$2'1.'N,$)".'($'#*'-"$?C&<'0'(":$,$2)".'
($'1&'F*$'8.+K.'#*)$("(&')&2'#*#'?&2*?$2-&#E')1.,.?$2-$'($#:">*,.(&#'C&,'$1'C.#&'
",,$?$(".+1$'($1'-"$?C&E'#*'$#CK,"-*E'$2').?+"&E'8.+K.'#"(&'C,$#$,B.(&'C,H)-").?$2-$'

)'#

"2.1-$,.(& ' $2 ' #*# ' >$2-$# ' C&, ' #* ' .(?",.+1$ ' -$2.)"(.(< ' 42 ' #* ' "2B$#-">.)"62'
)&?+"2H+.1.# ' ,$:$,$2)".# ' $c-$2#.# ' . ' 1&# ' .*-&,$# ' .2-">*&# ' )&2 ' 1. ' &+#$,B.)"62'
($-$2"(. ' ($ ' 1.# ' )&#-*?+,$# ' ?&($,2.#E ' .#C$)-& ' $#-$ ' J1-"?& ' $2 ' $1 ' F*$ ' )8&).+.'
:,&2-.1?$2-$E'$2'#*'&C"2"62E')&2'1.'?.;&,'C.,-$'($'1&#'B".I$,&#E'F*$'#$'1"?"-.+.2'.'
($#C,$)".,'.'1&#'?&($,2&#'8.+"-.2-$#'($'N,$)".'-,.#'*2.'1"?"-.(.'$cC$,"$2)".'#&+,$'
$1'-$,,$2&<'R*'&+,.'#$')&2B",-"6'($'$#-$'?&(&'$2'$1'C,"?$,',$1.-&'F*$'C,&;$)-.+.'*2.'
"?.>$2':.B&,.+1$'($'1&#'>,"$>&#'?&($,2&#'$2'1.')&2)"$2)".'CJ+1").'$*,&C$.<
e-,.'&+,.')1.B$'($'$#-&#'?&?$2-&#':*$'$1'Z'3"B)#6%(('.)/=9)#+)#&"#P.8*)'($1'
)&2($'S.,"$mN.+,"$1'a8&"#$*1'N&*::"$,E'C*+1").(&'$2'UYXO<'a8&"#$*1'N&*::"$,'C&#$K.'
-.?+"L2'*2.')&2#"($,.+1$')&1$))"62'($'.2-">l$(.($#'.'1.'F*$'-*B&'.))$#&'$1'.+.-$'
\.,-8L1$?;'?"$2-,.#'C,$C.,.+.'#*'42"*"./%/';'F*$'.).+6'#"$2(&'B$2("(.'.1'D&*B,$'
;'("#C$,#.(.'$2')&1$))"&2$#'C.,-")*1.,$#<'41'&+I$-"B&'($'#*'&+,.'$,.'#.-"#:.)$,'#*'
)*,"&#"(.( ' C$,#&2.1 ' C&, ' 1.# ' .2-">l$(.($# ' >,"$>.#E ' $2 ' 1.# ' F*$ ' 8.+K. ' $(*).(& ' #*'
>*#-& ' ($2-,& ' ($ ' #* ' .?+"$2-$ ' :.?"1".,E ' ; ' C,&C&,)"&2., ' *2 ' ,$>"#-,& ' B"#*.1 ' ($ ' 1&#'
?&2*?$2-&#'.2-">*&#';'($'1.#'$#)$2.#'($'1.'B"(.')&2-$?C&,H2$.<'D.'&+,.',$)"+"6'
*2.'"2?$I&,.+1$'.)&>"(.'C&,'C.,-$'($'1.'),K-").';'#*'C&C*1.,"(.('#$'$c-$2("6'?H#'.11H'
($'1.#':,&2-$,.#'($'M,.2)".E';.'F*$'*2.')&C".'($1'1"+,&'11$>6'.'?.2&#'($'a.-$,"2.'55'
($ ' A*#". ' ; ' :*$ ' -,.(*)"(& ' .1 ' .1$?H2< ' 42 ' #* ' C.-,". ' :*$ ' &+I$-& ' ($ ' ).#" ' -&(.# ' 1.#'
("#-"2)"&2$#'8&2&,K:").#'C&#"+1$#'.1'#$,'.(?"-"(&')&?&'?"$?+,&'$2'1.#'C,"2)"C.1$#'
.).($?".#< ' R* ' )1.,& ' C&#")"&2.?"$2-& ' . ' :.B&, ' ($ ' 1. ' 1"+$,.)"62 ' >,"$>. ' ($1 ' (&?"2"&'
-*,)&E'C*$#-&'C&,'$#),"-&'$2'$1'C,$:.)"&'($1'C,"?$,'B&1*?$2'($'#*'&+,.E'C*(&'8.+$,1$'
>,.2I$.(& ' #$,"&# ' C,&+1$?.# ' &:")".1$# ' )*.2(& ' :*$ ' 2&?+,.(& ' $?+.I.(&, ' .2-$ ' $1'
>&+"$,2&'-*,)&W'#"2'$?+.,>&E'-*B&'1.'$c-,$?.(.'8.+"1"(.('($',$$1.+&,.,'$1'(&)*?$2-&'
F*$'#*#'($-,.)-&,$#'.2-$'$1'#*1-H2'$#>,"?K.2')&?&'C,*$+.'",,$:*-.+1$E'-"1(.2(&')&2'
-&(& ' ($#).,& ' ($ ' :.1#. ' 1. ' $(")"62 ' .2-$,"&, ' ; ' 11$>.2(& ' "2)1*#& ' . ' $2B".,' .>$2-$# ' $2'
+*#).'($'1.#')&C".#'$c"#-$2-$#'$2'01$?.2".'$'52>1.-$,,.<
0)&?$-"6'#*'?.2(.-&',&($.(&'($'*2.'B$,(.($,.')&8&,-$'($'$#C$)".1"#-.#'F*$'
-$2K. ' C&, ' &+I$-& ' )&?C1$-., ' #*# ' $cC1&,.)"&2$# ' ; ' )&2&)"?"$2-&# ' #&+,$ ' $1 ' -$,,"-&,"&'
>,"$>&';'1&#'C.K#$#'($1'b,6c"?&'e,"$2-$<'D.'A$B&1*)"62'M,.2)$#.')&,-6'($',.K3'#*#'
"2")".-"B.#';'8*+&'($'"2")".,'*2'1.,>&'$c"1"&'F*$'1$'11$B6'.'1.')&,-$',*#.E'(&2($'$I$,)"6'
)&?&'C,$)$C-&,'($1'I&B$2'C,K2)"C$';':*$'1*$>&'2&?+,.(&'(",$)-&,'($'1.'0).($?".'($'
\$11.#'0,-$#';'#*C$,B"#&,'($'1.#'+"+1"&-$).#'"?C$,".1$#<'a*.2(&'C&,':"2',$>,$#6'.'#*'
C.-,".E'C,"B.(&')&?&'$#-.+.'($'#*',"F*$3.';'($'#*'C,$#-">"&E'($)"("6'2&'&+#-.2-$'
$?C,$2($,'1.',$(.))"62'($1'#$>*2(&'B&1*?$2'($'#*'&+,.E')*;.'C,"?$,.'C.,-$'B"&'1.'
1*3'$2'UXPZE'C$,&'2&'-*B&'-"$?C&'($'B$,1.':"2.1"3.(.E';.'F*$'?*,"6'$2'UXUY';'.F*L11.'
.C.,$)"6'$2'UXOOE')&?C1$-.(.')&2'1&#'-,.+.I&#'($'(&#'8$1$2"#-.#'.?">&#'#*;&#<'D.'
(":$,$2)".'$2-,$'.?+&#'B&1J?$2$#'$cC,$#.'$1').?+"&'$cC$,"?$2-.(&'C&,'$1'C,&C"&'
a8&"#$*1'N&*::"$,')&2',$1.)"62'.'N,$)".E'F*$'($'*2.'-"$,,.'F*$'"2#C",.+.'#*#'?H#'
"2-$2#.# ' $?&)"&2$# ' )&2 ' $1 ' #*$%& ' ($ ' 8.)$, ' ,$.1"(.( ' #* ' >1&,"&#& ' C.#.(& ' #$'
-,.2#:&,?6'$2'*2').?C&'($'-,.+.I&'.,F*$&16>")&'("#C*$#-&'.'1"+,.,'#*#'-$#&,&#';'
#$),$-&# ' . ' *2. ' "2B$#-">.)"62 ' ?$-6(").< ' R* ' &+,. ' ("& ' $cC,$#"62 ' >,H:"). ' . ' 1.'
C,&+1$?H-").'.#&)".)"62'$2-,$'1.'"($.'($'N,$)".E':&,I.(.'C&,'$1'?"-&';'1.'$(*).)"62'($'
-&(.'*2.'>$2$,.)"62E';'1.'$2-"(.(':K#").';'-$,,"-&,".1'F*$'1.'8.+K.'.1+$,>.(&';'F*$'
)&2-"2*.+.'#"$2(&'-&(.BK.'1.'#$($'($'*2'C.K#')&2),$-&'F*$'11$B.+.'#*'2&?+,$<'D.'
.1-$,2.2)".'$2-,$'1.#'($#),"C)"&2$#'($'1&#'.2-">*&#'1*>.,$#';'1.#'$#)$2.#'$c-,.K(.#'
($'1.'B"(.')&2-$?C&,H2$.'#*>$,K.1.')&$c"#-$2)".'.,?&2"&#.'($'$#-&#'(&#'?*2(&#'
$2'*2'?"#?&';')&?J2'$#)$2.,"&<

)'$

R"2 ' $?+.,>& ' 1. ' &+,. ' ?H# ' ($)"#"B. ' ; ' ($-$,?"2.2-$ ' . ' 1. ' 8&,. ' ($ ' .-"3., ' 1.'
)*,"&#"(.( ' >$2$,.1 ' ($1 ' CJ+1")& ' C&, ' 1. ' N,$)". ' .2-">*. ' :*$ ' 1. ' ;. ' ?$2)"&2.(. ' D$/#
M'3"B)/ # +9 # D)92) # 42"*"./%/' ($1 ' .+.-$ ' \.,-8L1$?;E ' C*+1").(. ' $2 ' UYXX< ' R*'
.C.+*11.2-$'Lc"-&';'#*'$c-,.&,("2.,".'(":*#"62'C&,'-&(.'4*,&C.'_:*$'1.'C,"?$,.'&+,.'
-,.(*)"(.'.1'>,"$>&'?&($,2&';'#$'-,.(*I&'"2)1*#&'.1'.,?$2"&_'1.')&2B",-"$,&2'$2'*2'
.*-L2-")&'+$#-'#$11$,'F*$'2&'$2)*$2-,.':H)"1$#'C.,H?$-,&#')&?C.,.-"B&#'"2)1*#&'$2'1.'
.)-*.1"(.(< ' 41 ' $2&,?$ ' C,$#-">"& ' ($ ' #* ' .*-&, ' 1$ ' B.1"6 ' "2)1*#& ' #* ' #.1B.)"62 ' ($ ' 1.'
>*"11&-"2.E';.'F*$'($#C*L#'($'8.+$,'#"(&'$2).,)$1.(&'$2'-"$?C&#'($'1.'A$B&1*)"62'
M,.2)$#.E':*$'1"+$,.(&'($'"2?$(".-&'-,.#')&2&)$,#$'#*'($-$2)"62'C&,'&,($2'$cC,$#.'
($1'C,&C"&'?"2"#-,&'($1'52-$,"&,E'F*$'8.+K.'1$K(&'#*'&+,.E';':*$'C*$#-&'.1':,$2-$'($'1.'
+"+1"&-$).'2.)"&2.1<'R*'&+,.'.1).236'.'*2'CJ+1")&'?*)8&'?H#'.?C1"&'F*$'$1'($'1.#'
C*+1").)"&2$# ' ?H# ' .).(L?").# ' ; ' $,*("-.# ' ; ' -*B& ' $1 ' ?L,"-&E ' ("#)*-"+1$ ' $2 ' ?*)8&#'
#$2-"(&#E'($'"?C,"?",'$2'1.'"?.>"2.)"62')&1$)-"B.'*2.'B"#"62'"($.1"3.(.'($'1.'N,$)".'
.2-">*.'F*$'#$'.C,&c"?.+.'?H#'.'*2.'C$,("(.'$(.('($'&,&'F*$'.')*.1F*"$,',$.1"(.('
8"#-6,").')&2-"2>$2-$<'a&?&'8.'#$%.1.(&'N.,)K.'N*.1E'1.'&+,.'p#$')&2B",-"6'$2'*2'
8"-&';'C*2-&'($',$:$,$2)".'$2'1.'(":*#"62'($')&2&)"?"$2-&#'#&+,$'$1'?*2(&'>,"$>&q<'
R*',$#&2.2-$'-,"*2:&'#">*$'C,&B&).2(&'1.'#&,C,$#.'#"'-$2$?&#'$2')*$2-.'F*$'1.'&+,.'
-$2K.'*2.'$c-$2#"62')&2#"($,.+1$'_1.'C,"?$,.'$(")"62')&2#-.+.'($')*.-,&'-&?&#'$2'
)*.,-&E'1.'#$>*2(.E'?$2&#'1*I&#.E'($'#"$-$E';'1.'($'UXOUE'($'#$"#E'.*2F*$'$#-.+.'
C,&B"#-.'($'"1*#-,.)"&2$#_E'F*$'$#-.+.'(&-.(.'($'*2'"?C&,-.2-$'.2(.?".I$'$,*("-&';'
F*$ ' #* ' -,.?. ' #$ ' 8.11.+. ' ($#C,&B"#-. ' ($ ' 1&# ' 8.+"-*.1$# ' "2>,$("$2-$# ' ,&?H2-")&#'
).C.)$#'($'.-,.$,'1.'.-$2)"62'($'1&#'1$)-&,$#<
0'C$#.,'($'F*$'$,.'*2'$?"2$2-$'8$1$2"#-.';'C&#$K.'*2'B.#-&')&2&)"?"$2-&'($'
1.'02-">l$(.(E'\.,-8L1$?;'2*2).'11$>6'.',$.1"3.,'$1'B".I$'.'N,$)".<'R$'-,.-.E'C&,'-.2-&E'
($'*2'B".I$'C*,.?$2-$'"?.>"2.,"&',$.1"3.(&'.'-,.BL#'($'1&#'1"+,&#';'1.#'+"+1"&-$).#'$2'
$1'F*$'#$',$1.-.'1.'$#-.2)".'$2'0-$2.#'($'*2':.?&#&'#.+"&'$#)"-.E'F*$'$#-.+.'"2)1*"(&'
$2-,$'1&#'#"$-$'#.+"&#'($'N,$)".E'(*,.2-$'$1'C$,K&(&'"2?$(".-.?$2-$'.2-$,"&,'.'1.'
?*$,-$'($'01$I.2(,&E'1&'F*$'1$'("&'1.'&C&,-*2"(.('($'C&($,'($+.-",')&2'1&#'8&?+,$#'
?H#':.?&#&#'($'1.'LC&).<'b,$#$2-.+.'*2.'.?C1".'>.1$,K.'($'C$,#&2.I$#'"1*#-,$#'($'
1.'02-">l$(.('>,"$>.')&2'-&(.'1.'2&+1$3.'F*$'1$#'&-&,>.+.2'#*#',$#C$)-"B.#').,,$,.#'
CJ+1").#'C$,&'.%.("$2(&'.($?H#')&2?&B$(&,$#'$C"#&("&#'($'#*'B"(.'C,"B.(.<'D.'
-,.?.'#$'($#.,,&11.'.2-$'$1'1$)-&,')&?&'*2.'#$,"$'($'$#)$2.#'$2).($2.(.#'F*$'#$'
#*)$($2 ' *2.# ' . ' &-,.#< ' 41 ' I&B$2 ' C,&-.>&2"#-. ' B. ' #"$?C,$ ' .)&?C.%.(& ' ($ ' &-,&#'
C$,#&2.I$#E ' *2&# ' 8"#-6,")&#E ' &-,&# ' C1$2.?$2-$ ' :")-")"&#E ' F*$ ' ($#.C.,$)$2 ' ($ ' 1.'
$#)$2. ' -.2 ' C,&2-& ' )&?& ' 8.2 ' ($#$?C$%.(& ' #* ' C.C$1< ' T&(& ' 1& ' F*$ ' &)*,,$ ' . ' #*'
.1,$($(&,'&'1.#')&#.#'F*$')&2-$?C1.')&2'#*'.>*(.'?",.(.'#&2'&+I$-&'C,$:$,$2-$'($'
#*'.-$2)"62<'T&(&'C$,?.2$)$'.'1.'B"#-.'$2').(.'"2#-.2-$';'2&'$c"#-$2'$2'2"2>J2'
?&?$2-&'#$>*2(.#'"2-$2)"&2$#<'52-$2-6'-,.#1.(.,'.'#*#'1$)-&,$#'1.'1*?"2&#"(.('($1'
C."#.I$'>,"$>&';'1.'B"B.)"(.('($'#*#')&1&,$#E'*2&#',.#>&#'F*$'#$,K.2'($#-.).(&#'C&,'
1&#'C"2-&,$#'C&#-$,"&,$#'F*$'8")"$,&2'($'1.#'-"$,,.#'>,"$>.#'#*'-$?.'C,$("1$)-&E')&?&'
:*$ ' $1 ' ).#& ' ($ ' b.-,")j ' D$">8 ' M$,?&,< ' D. ' &+,. ' "+. ' (",">"(. ' . ' *2 ' CJ+1")& ' F*$ ' 2&'
+*#).+. ' ;. ' *2. ' 1$))"62 ' ($ ' )"B"1"3.)"62 ' $2 ' +*$2.# ' ?.2$,.#E ' )&?& ' 8.+K. ' #"(& ' 1.'
C,$-$2#"62'($'&-,.#'&+,.#'($1'>L2$,&')&?&'1.#'4M)2(9."/#+)#0)&85"*''($'M$2L1&2E'
#"2&'*2.'($#),"C)"62'?H#',$.1"#-.'($'1.'B"(.'(".,".'($'#*#'>$2-$#<'R"2'$?+.,>&E'1.#'
C,$-$2#"&2$#'C$(.>6>").#'($1'.*-&,E')1.,.?$2-$',$:1$I.(.#'.'1&'1.,>&'($'-&(.'1.'&+,.E'
#*#').,$2)".#'1"-$,.,".#'_#*'2.,,.-"B.'$#-.+.':.1-.'($')&8$#"62';'($'*2"(.('&,>H2").E'
;'2&':*$').C.3'($'"2-$>,.,'1.':&,?"(.+1$'$c8"+")"62'($'"2:&,?.)"62'($#C1$>.(.'C&,'
(&F*"$, ' $2 ' $1 ' C,&)$#& ' ($ ' ($#.,,&11& ' "2-$1$)-*.1 ' ; ' ?&,.1 ' ($1 ' C,&-.>&2"#-._ ' ; ' 1.'

)'%

"?.>$2':")-")".'($'*2.'N,$)".'2.-*,.1'$2'1.'F*$'C,$(&?"2.+.2'1.#'B",-*($#'?&,.1$#'
C,&)1.?.(.#'C&,'#*'LC&).';'$2'1.'F*$'F*$(.+.2':*$,.'($'C1.2&'1&#'.#C$)-&#'?H#'
,$.1$# ' ($ ' *2 ' C."#.I$ ' (*,& ' ; ' .*#-$,& ' ; ' $1 ' "2).2#.+1$ ' $#:*$,3& ' ($ ' 1. ' 1*)8. ' C&, ' 1.'
#*C$,B"B$2)".',$B$1.2'1.#'1"?"-.)"&2$#'($'*2.'&+,.'F*$E'.'C$#.,'($'#*#'"2("#)*-"+1$#'
?L,"-&#E':,.).#6'$2'#*'"2-$2-&'($'.)$,).,E'($?.#".(&'F*"3HE'$1'C.#.(&'.1'C,$#$2-$<'
a&?&'#$%.16'R-$2(8.1'$2'#*'),K-").'.'\.,-8L1$?;E'$1'.*-&,'p)&2&)K.'?*;'+"$2'-&(&'1&'
F*$'#*)$("6'$2'N,$)".E'C$,&'2*2).')&2&)"6'.'1&#'>,"$>&#q<
42'1.'$#-$1.E'($':&,?.';'($'Lc"-&E'($1 '42"*"./%/E'#*,>"$,&2'&-,.#'&+,.#')&?&'
!'/ # Z%"D)/ # +) #42().%'.' ($1 ' +.,62 ' ($ ' D.2-"$,E ' C*+1").(& ' $2 ' UYZYE ' F*$ ' $#-.+.E ' #"2'
$?+.,>&E'.'(":$,$2)".'($'#*'C,$-$2("(&'?&($1&E',$C1$-.'($':,"B&1"(.($#';'.B$2-*,.#'
#$2-"?$2-.1$#< ' D&>,6E ' 2& ' &+#-.2-$E ' $1 ' Lc"-& ' $("-&,".1 ' F*$ ' C$,#$>*K.E ' ;. ' F*$ ' :*$'
,$$("-.(. ' $2 ' U` ' &).#"&2$# ' ; ' :*$ ' -,.(*)"(. ' $2-,$ ' &-,&# ' "("&?.# ' .1 ' $#C.%&1E'
.1).23.2(&'.F*K'2.(.'?$2&#'F*$')"2)&',$$(")"&2$#<'R*'.*-&,E'*2'$#),"-&,'F*$'2&'
C&#$K.'1.'#61"(.':&,?.)"62'($'\.,-8L1$?;'2"'#*'$#),*C*1&#&',$#C$-&'($'1.'),&2&1&>K.E'
8.#-. ' $1 ' C*2-& ' ($ ' F*$ ' #$ ' C$,?"-$ ' $1 ' 1*I& ' ($ ' )&2B$,-", ' .1 ' :"16#&:& ' h$,H)1"-& ' $2'
)&2-$?C&,H2$&'($'!"6>$2$#'$1'aK2")&'.'C$#.,'($'F*$'$#-.+.2'#$C.,.(&#'C&,'?H#'
($'*2'#">1&E')&?C*#&'*2',$1.-&'("B$,-"(&E'11$2&'($'C$,"C$)".#'$c-,.K(.#'($'1&#'-$c-&#'
.2-">*&# ' ; ' ($ ' #* ' C,&C". ' )&#$)8. ' "?.>"2.-"B.E ' -,.-.2(& ' ($ ' .C,&B$)8., ' 1. ' ?&(.'
$2-&2)$#'"?C$,.2-$'($'.(?",.)"62'8.)".'1.'02-">l$(.('>,"$>.<
D&#',$1.-&#'($'B".I$'.'N,$)".'C,&#">*"$,&2'.'1&'1.,>&'($1'#">1&'d5d'($'?.2$,.'
"2)$#.2-$< ' f2 ' (.-& ' $c-,.&,("2.,".?$2-$ ' ,$B$1.(&, ' ($ ' #* ' .+*2(.2)".E ' F*$ ' #$%.1.'
A&+$,- '4"#2$,E'$#' $1 '8$)8&' ($ 'F*$ '$2' $1' ).-H1&>& '($' 1. '+"+1"&-$). 'N$22.("*# '($'
0-$2.#':">*,.2'?H#'($'U<OPP'-K-*1&#',$:$,"(&#'.'B".I$#'C&,'$1'S$("-$,,H2$&'&,"$2-.1'
#61&'C.,.'$#$'#">1&<'01>*2&#'($'$11&#':*$,&2'-.?+"L2'$2&,?$?$2-$'C&C*1.,$#E')&?&'
$1'C(%2).".%'#+)#O".F/#"#b).9/"&82'($'a8.-$.*+,".2(E'C*+1").(&'$2'UXUUE'F*$'"2)1*K.'
1&#'UZ'(K.#'C.#.(&#'$2'N,$)".'C&,'$1'.*-&,'$2'$1')*,#&'($'#*'B".I$<'41'.1*B"62'($'
#$2#.)"&2$# ' F*$ ' C,&B&).+. ' 1. ' )&2-$?C1.)"62 ' ($ ' 1.# ' ,*"2.# ' ; ' ($1 ' C."#.I$ ' >,"$>&'
($2-,&'($1'?&B"?"$2-&',&?H2-")&'#$'($I.'#$2-",';.'$2'#*#'CH>"2.#<
R"2'$?+.,>&'$1'?H#':.?&#&'($'1&#'C&$-.#',&?H2-")&#'F*$'($I6'C1.#?.(&#'
#*#',$)*$,(&#'($'B".I$'C&,'1.#'-"$,,.#'>,"$>.#'$2'*2.',$),$.)"62'1"-$,.,".':*$'#"2'(*(.'
D&,('\;,&2<'R*'C&$?.'2.,,.-"B& 'O).)B.%2"*%;2#+)#,-%&+)#G".'&+'1$'8"3&'.1).23.,'1.'
:.?.';'1.'C&C*1.,"(.(E'.($?H#'($')&2-,"+*",'($':&,?.'($)"#"B.'.'1.')&2:">*,.)"62'($'
N,$)".')&?&'"($.1',&?H2-")&';'.':.B&,$)$,'1.').*#.'($1'?&B"?"$2-&':"1&8$1L2")&E'-&(&'
$11&'.'$cC$2#.#')*,"&#.?$2-$'($1',$(*)"(&'$2-*#".#?&'#$2-"?$2-.1'F*$'$cC$,"?$2-6'
$1 ' C,&C"& ' C&$-.< ' \;,&2 ' :*$ ' #"$?C,$ ' *2 ' 8&?+,$ ' ($ ' .))"62E ' )&?& ' ($?*$#-,. ' #*'
-,.B$#K.'.'2.(&'($1'h$1$#C&2-&',$?$?&,.2(&'.#K'$2'1.'C,H)-").'1.'1$;$2(.'($'h$,&';'
D$.2(,&E'?H#'F*$'*2'"2("B"(*&'(.(&'.'1.')&2-$?C1.)"62E'C*,.?$2-$'2&#-H1>"). '&'
.(&,2.(.')&2',$?"2"#)$2)".#'$,*("-.#';'.2-")*.,K.#E'($1'C."#.I$'>,"$>&<']&'($I6'($'
,$)&2&)$,E ' #"2 ' $?+.,>&E ' . ' *2& ' ($ ' #*# ' ?H# ' $2-*#".#-.# ' 1$)-&,$#E ' #* ' .?">& ' ;'
)&?C.%$,&'($'B".I$'4([.,('T,$1.[2;E'F*$'$1'.",$'($'N,$)".'8.+K.'8$)8&'($'L1'*2'
C&$-.< ' N,$)". ' ,$.C.,$)$E ' #"F*"$,. ' :*>.3?$2-$E ' $2 ' #* 'E'2 # b9"2E ' (&2($ ' $1'
C,&-.>&2"#-.'C.#.'*2'-"$?C&'$2'*2.'"#1.'>,"$>.'.1'1.(&'($'*2.'I&B$2E'8"I.'($'*2'C",.-.'
F*$'>&+"$,2.'$1'1*>.,E'F*$'#$'8.11.+.'.*#$2-$'(*,.2-$'1.'.,,"+.(.'($1'8L,&$';'$#'$1'
).-.1"3.(&, '($'1.'-,.>$(".':"2.1'($1'$C"#&("&<'0*2F*$'1.'#$2#.)"62 'F*$'C,&B&).'$1'
$#)$2.,"&'2.-*,.1')&2-"2J.'-.2'.*#$2-$')&?&'$2'1.'C,"?$,.'&+,.E'$1'$:$)-&'($'N,$)".'
$2'\;,&2'#$'($I.'#$2-",'($'.1>*2.'?.2$,.'.'-,.BL#'($'1&#'$?&)"&2.(&#'B$,#&#'($'
*2&'($'#*#'C$,#&2.I$#E'*2'C&$-.'F*$'$2-&2.'*2'8"?2&':"1&8$1L2")&')&2'&).#"62'($'1.'
+&(. ' ; ' )&,&2.)"62 ' ($1 ' C,&-.>&2"#-. ' )&2 ' 1. ' I&B$2 ' pC,"2)$#.q< ' a&2 ' #* ' ?*$,-$ ' $2'

)'&

S"#&1&2>8"')&2#.>,6'$1'C.K#'F*$'-.2-&'.?.+.';'#$')&2B",-"6'.#K'$2'*2.'$#C$)"$'($'
?H,-",'($1'8$1$2"#?&';'($'1.'"($.',&?H2-").'($'N,$)".'F*$')&2-,"+*;6'.'(":*2(",')&2'
#*'&+,.';'#*'C,&C".'B"(.<
SH#'$2')&2#&2.2)".E'.*2F*$'-&(.BK.'1$I.2.E')&2'1.'>*K.'($'b.*#.2".#'$#-H'$1'
C(%2).".3#'A#P.))*)'($'#",'o"11".?'N$11E'C*+1").(&'$2'UXUZE'F*$':*$'*2.'C&C*1.,'>*K.'
($'+&1#"11&'C.,.'1&#'B".I$,&#'($'1.#'-"$,,.#')&2-"2$2-.1$#<'N$11'8.+K.'B".I.(&'C&,'+*$2.'
C.,-$'($1'-$,,"-&,"&'8$1$2&'.')&?"$23&#'($1'd5d';'8.+K.'11$B.(&'.').+&'?$(")"&2$#'($'
-&(.')1.#$E'8.+K.'C,$)"#.(&'1.'(*,.)"62'C*2-*.1'($'1&#'-,.;$)-&#'.',$.1"3.,';'8.+K.'
).,-&>,.:".(&'1&#'"-"2$,.,"&#E'C,&C&,)"&2.2(&'.1'B".I$,&',$.1'$1'#&C&,-$'F*$'2$)$#"-.+.'
$2'*2'C.K#'(&-.(&'($'C&+,$#').,,$-$,.#';'$2'$1'F*$'$#).#$.+.2'1&#'"2(").(&,$#<'
R">*"$2(&'#*#'C.#&#'$2'$#-.'(",$))"62'C,.>?H-").'($1'B".I$'.'-"$,,.#'>,"$>.#E'7&82'
S*,,.; ' C*+1")6 ' $2 ' UX^P ' 1. ' C,"?$,. ' >*K. ' ($ ' N,$)".E ' F*$ ' .1).236 ' $2 ' #$>*"(.'
2*?$,&#.# ' $(")"&2$#< ' D. ' #LC-"?. ' $(")"62E ' .C.,$)"(. ' $2 ' UZPPE ' "2)1*K. ' ;. ' ?.C.#E'
:&-&>,.:K.#';'C1.2&#E'C,&C*$#-.#'($'"-"2$,.,"&#';'*2'?K2"?&'B&).+*1.,"&'>,"$>&'C.,.'
*#& ' C,H)-")& ' ($ ' 1&# ' B".I$,&#< ' e-,& ' .*-&, ' )*;&# ' 1"+,&# ' #&+,$ ' N,$)". ' :*$,&2 ' ?*;'
C&C*1.,$#'.'1&'1.,>&'($1'#">1&E '#"$2(& '-.?+"L2'&+I$-&'($'#*)$#"B.#'$(")"&2$#E':*$'
a8,"#-&C8$, ' o&,(#[&,-8E ' #&+,"2& ' ($1 ' )L1$+,$ ' C&$-. ' ,&?H2-")&< ' b*+1")6'
#*)$#"B.?$2-$'(&#'&+,.#'-"-*1.(.# '4(-)2/#"2+#4((%*"E'$2'UXQ`E';'P.))*)Y#O%*('.%"&Q #
E)/*.%6(%M) # "2+ # G%/('.%*"&E ' $2 ' UX^P< ' f2 ' C,&:$#&, ' ($ ' a.?+,"(>$E ' A&+$,- ' b.#81$;E'
)&?C*#&'$2'UXQY'*2&#'0."M)&/#%2#,.)()E'F*$'.'C$#.,'($'#*').,H)-$,'8$-$,&>L2$&E'$2'
$1'F*$'-$2K.2').+"(.'1.#'?H#'("#C.,$#'"2:&,?.)"&2$#E'#$')&2B",-"6'$2'$1'?.2*.1'($'
*#& ' C.,. ' 1. ' "#1. ' 8.#-. ' F*$ ' 1&# ' )L1$+,$# ' ($#)*+,"?"$2-&# ' ($ ' 0,-8*, ' 4B.2# ' .'
)&?"$23&#'($1'#">1&'dd'8")"$,&2'2$)$#.,".'1.',$B"#"62'.':&2(&'($'1.'.,F*$&1&>K.'$'
8"#-&,".'($1'1*>.,<
0'1&'1.,>&'($1'J1-"?&'#">1&'2&'8.2':.1-.(&'-.?C&)&'1&#'B".I$,&#'.'N,$)".'F*$'
8.2'($I.(&'$2'1$-,.'"?C,$#.'1&#',$)*$,(&#';'$cC$,"$2)".#'($'#*'.2(.(*,.')&2'?.;&,'
&'?$2&,'-.1.2-$'1"-$,.,"&E'&')&2'?$I&,'&'C$&,'-.1$2-&'C.,.'($#>,.2.,')&2'"2>$2"&';'
.?$2"(.( '#*'2.,,.)"62 '($1'B".I$<'D. '?.;&,K. '2& '$,.2'&'#&2'C,&:$#"&2.1$#'($'1.#'
)1H#").#E'#"2&'#"?C1$#'.?.-$*,#'F*$'.,,"+.+.2'.1'1*>.,'1"+$,.(&#'($1'C$#&'.>&+".2-$'
F*$'1.'$c8"+")"62')&2#-.2-$'($'1.'#.+"(*,K.'.).(L?").')&?C&,-.';'#"2'2"2>J2'-"C&'($'
)&?C1$I&#'.'1.'8&,.'($'.:,&2-.,'$1'($#.:"&'($'C,&C&,)"&2.,'1.'"2:&,?.)"62'($').,H)-$,'
>$2$,.1'2$)$#.,".'.)$,).'($1'C.K#'($':&,?.'?H#')1.,.';'#$2)"11.'($'1&'F*$'#$'8.+K.'
8$)8&'8.#-.'$2-&2)$#<'!$#-.).2'C&,'$2)"?.'($1',$#-&'-,$#'2&?+,$#':*2(.?$2-.1$#/'
1&#'($'D.[,$2)$'!*,,$11E'M,$I.'R-.,j';'b.-,")j'D$">8'M$,?&,<'!*,,$1'8.'$#),"-&')*.-,&'
1"+,&#'($'B".I$'#&+,$'N,$)".E'($'1&#')*.1$#'1&#'-,$#'C,"?$,&#E')&2)$2-,.(&#'$2'*2.'
#&1.'"#1.E'.(&C-.2'1.':&,?.'($1',$1.-&'2&B$1$#)&')&2'#*#')&,,$#C&2("$2-$#'C$,#&2.I$#'
$2 ' .))"62E ' ?"$2-,.# ' F*$ ' $1 ' )*.,-& ' )&2#"#-$ ' $2 ' *2 ' ,$C$,-&,"& ' ($ ' :&-&>,.:K.#'
.($,$3.(.#')&2'-$c-&#'$c-,.K(&#'($'?.2*.1$#'.1'*#&'#"2'$#C$)".1'$2).2-&';'($'#*'
C,&C"&'.2$)(&-.,"&'C$,#&2.1<'R*'$#-.2)".'$2'1.'"#1.'($'a&,:JE'(*,.2-$'#*'I*B$2-*('$2'
$1'C$,K&(&'$2-,$>*$,,.#E',&($.(&'($1',$#-&'($'#*':.?"1".E')&2#-"-*;$'$1'C*2-&':&).1'($'
#*'2.,,.-"B.'$2'$1'C,"?$,&'($'$11&#E'!"#*)&+"#+)#O.;/6).'E'.C.,$)"(&'$2'UZ^V<'D.'"#1.'
.C.,$)$'$2'#*'"?.>"2.)"62E';'$2'C.,-$'-.?+"L2'$2'1.',$.1"(.('($'#*'$cC$,"$2)".E'
)&?& ' *2 ' .*-L2-")& ' C.,.K#&E ' "2(*)"$2(& ' .#KE ' "2B&1*2-.,". ' ; ' 1.?$2-.+1$?$2-$E ' .1'
($#.,,&11&'"?C.,.+1$'($1'-*,"#?&'F*$'.1'?"#?&'-"$?C&'F*$'.,,*"26'$1'1*>.,'($#($'#*'
C$,#C$)-"B. ' #">2":")6 ' 1. ' C,&#C$,"(.( ' ($ ' #*# ' 8.+"-.2-$#< ' 41 ' #$>*2(&E 'I)A&):%'2)/ #
/'$.)#92"#Z)29/#5".%2"E'C*+1").(&'$2'UZVOE'#&+,$'A&(.#E'(&2($'C.#6'(&#'.%&#'
-,.#'1.'R$>*2(.'N*$,,.'S*2(".1')&?&'&:")".1'($'"2:&,?.)"62E'?*$#-,.')"$,-.'C,$?*,.'
$2'#*'$I$)*)"62';'*2'$c)$#&'F*"3H'($'"2:&,?.)"62'.)$,).'($'1.'1.,>.'8"#-&,".'($'1.'

)''

"#1.'"2)1*"(.')&?&'(&#').CK-*1&#'F*$'2&'?*$#-,.2')&2$c"62'.1>*2.')&2'$1',$#-&'($'1.'
2.,,.)"62<'41'-$,)$,&E '!%5'2)/#"5".B'/E'($'UZVXE'$#-H'($(").(&'.'a8"C,$'$1$>"(&'
)&?&'1*>.,'($',$-",&'$2'$1'F*$'$?C$36'.'$#),"+",'U&'F*$'#$,K.'?H#'-.,($'#*':.?&#.'
2&B$1.'$1 ',9".()('#+)#4&)D"2+.F" #($#C*L#'($1'1.,>&'C$,"C1&'F*$'1$'8.+K.'11$B.(&'($'
0,>$2-"2.'.'\$1>,.(&'($2-,&'($'#*'.)-"B"(.('$2'$1'#$,B")"&'?"1"-.,';'("C1&?H-")&<
!&#'($'1&#'2*?$,&#&#'1"+,&#'($'M,$I.'R-.,jE')&2#"($,.(.'1.'?H#'("#-"2>*"(.'
$#),"-&,.'($'B".I$#E'-"$2$2'F*$'B$,')&2'$1'$#C.)"&'F*$'$#-*B&'*2.'B$3'C&+1.(&'C&,'
>,"$>&#E 'b'2%"E'.C.,$)"(&'$2'UZVVE'; '!"#*'/("#&%*%"E'C*+1").(&'.1'.%&'#">*"$2-$<'D.'
?.;&,' C.,-$ ' ($ ' .?+&# ' $#-H ' ($(").(. ' . ',$?$?&,., ' #* ' 8"#-&,". ' #$>J2 ' ("#)*,,$ ' $1'
"-"2$,.,"& ' ($ ' 1. ' .*-&,.E ' F*$ ' ,$(*)$ ' ).#" ' . ' 1. ' ?K2"?. ' $cC,$#"62 ' #*# ' C,&C".#'
$cC$,"$2)".# ' )&?& ' B".I$,.< ' S*$#-,. ' *2. ' )1.,. ' C,$:$,$2)". ' C&, ' 1&# ' C."#.I$#'
pBK,>$2$#qE ' F*$ ' -&(.BK. ' 2& ' 8.2 ' #*:,"(& ' 1. ' ,$?&($1.)"62 ' ($1 ' .,F*$61&>& ' $2 ' #*#'
"2-$2-&#'($',$)&2#-,*))"62';'C$,?"-$2'.#K'F*$'#$.'1.'C,&C".'"?.>"2.)"62'($1'B".I$,&'1.'
F*$'(L'2*$B.'B"(.';':&,?.'.1'1*>.,<'4#'.#K'1.'-"$,,.E'.'-,.BL#'($'#*'8"#-&,".E'1.'F*$'
C.,$)$'8.+1.,2&#'$2'*2'-&2&')&2B$,#.)"&2.1'#&+,$'-&(&'1&'F*$'8.'-,.2#C",.(&'#&+,$'
$11.E')&?&'#$%.1.'A&+$,-'4"#2$,<
D.',").'$cC$,"$2)".'B".I$,.'($'D$">8'M$,?&,E'F*$'8.',$)&,,"(&'+*$2.'C.,-$'($'
4*,&C.'&,"$2-.1E'8.'$2)&2-,.(&'-.?+"L2'$2'N,$)".'*2'C*2-&'($'"2#C",.)"62'.'1.'8&,.'
($'$#),"+",'1&#'F*$'$1')"-.(&'4"#2$,')&2#"($,.'1&#'?$I&,$#'1"+,&#'($'B".I$'#&+,$'$1'
C.K#E'S"2%E'Z%"D)/#6'.#)&#/9.#+)&#O)&'6'2)/'E'C*+1").(&'$2'UZVXE';'A&*?$1"E'Z%"D)/#
6'.#)&#2'.()#+)#P.)*%"E'F*$'B"&'1.'1*3'$2'UZ``<'0'1.'?.2$,.'($'*2'?&($,2&':"1&8$1$2&'
:*$,. ' ($ ' LC&).E ' )&2 ' #* ' $2&,?$ ' +.>.I$ ' ($ ' )&2&)"?"$2-&# ' #&+,$ ' $1 ' C.K#E ' ($ ' 1&#'
-"$?C&#'.2-">*&#'C$,&'-.?+"L2'($'1&#'?&($,2&#E'#$'1.23.'.'1.')&2F*"#-.'_#"?+61").'
;':">*,.(.E')1.,&_'($'*2'?*2(&'F*$';.'2&'(.+.'CH+*1&'.'$#-$'-"C&'($'.)-"-*($#';'
)&?C&,-.?"$2-&#<'R"2'$?+.,>&E'1.'"($.1"3.)"62',&?H2-").'($'D$">8'M$,?&,'-"$2$'#*#'
1K?"-$#E'(.(&'F*$'2&'#$'1$'$#).C.'?$2)"&2.,'$1'1.(&'2$>.-"B&'($'1.')*$#-"62E'#"'+"$2'
#*'.?&,'C&,'N,$)".'1&'($I.'$2'*2'#$>*2(&'C1.2&';'C.#.'C&,'$2)"?.'($'L1')&2'*2.#'
C&).#':,.#$#';'1.'?"#?.'+*$2.'("#C&#")"62'($'$#CK,"-*<'a&?&'.:",?.'$2'$1'C,$:.)"&'
($'S"2%E'-&(&'$1'C.K#'$#-H'11$2&'($'"2-$,L#E';.'F*$'2&'$c"#-$'2"2>J2',.#>&'($1'C."#.I$'
>,"$>& ' F*$ ' 2& ' )&2-$2>. ' *2 ' ?"-&E ' *2. ' 8"#-&,".E ' *2. ' .2L)(&-. ' & ' *2. ' #*C$,#-")"62E'
-&(.#'$11.#'$c-,.%.#';'?$?&,.+1$#E'F*$'.#.1-.2'.1'B".I$,&'.').(.'C.#&<'R*#'1"+,&#'
)&2#-"-*;$2'.#K'*2.'.*-L2-").'?"#)$1H2$.E';. 'F*$'$#-H2',$C1$-&# '($'$C"#&("&#'($'
8"#-&,". ' +"3.2-"2.E ' ($ ' $2#.;&# ' #&+,$ ' .,-$ ' ; ' .,F*"-$)-*,.E ' ($ ' #*C$,B"B$2)".# ' ($ ' 1.'
,$1">"62'.2-">*.E'($'$c)*,#&#'#&+,$'1&#'8H+"-&#';'$1').,H)-$,'($'1&#'8.+"-.2-$#'($1'
C.K#';'($'&-,.')1.#$'($'?.-$,".1$#'("B$,#&#E'F*$E'#"2'$?+.,>&E'2&'&)*1-.2'#*'C,"2)"C.1'
?L,"-&E'$1'($'#.+$,'-,.#?"-",'.1'1$)-&,'#*'.1$>,K.'.'1.'8&,.'($'B".I.,'C&,'N,$)".<
]&'#$,K.'I*#-&'&1B"(.,'$2'$#-.'+,$B$',$#$%.'($'1&#'1"+,&#'($'B".I$'F*$'8.2'
?&#-,.(&'#*'$2-*#".#?&'&'.(?",.)"62'C&,'$1'C."#.I$'>,"$>&E'8.2'8.+1.(&'($'#*')1"?.'
;'($'#*#'>$2-$#E';'8.2',$B"B"(&'$2'#*'"2-$,"&,'1.'$cC$,"$2)".'C$,#&2.1'($'F*"$2$#'1$#'
C,$)$("$,&2 ' C&, ' .F*$11&# ' ($,,&-$,&#E ' ,$?$?&,.2(& ' $2 ' *2 ' -&2& ' ?H# ' & ' ?$2&#'
$?&)"&2.1 ' ; ' 2&#-H1>")& ' $1 ' >,.2("&#& ' $#)$2.,"&E ' C&, ' $1 ' ?"-& ' ; ' 1. ' 8"#-&,". ' F*$ ' 1&'
8.+"-.,&2E'$1',$)"$2-$'1"+,&'($1'$#),"-&,'$#C.%&1'7.B"$,'A$B$,-$E ','."N;2#+)#c&%/)/<'
c2#M%"D)#B.%)B'E'($1'.%&'UZZZ<'42'#*'C$,"C1&'C&,'$1'S$("-$,,H2$&'&,"$2-.1',$:"$,$'#*'
$2)*$2-,& ' )&2 ' *2 ' C."#.I$ ' #"2>*1., ' C&+1.(& ' C&, ' ?"-&# ' $ ' 8"#-&,".# ' F*$ ' $1 ' .*-&,'
,$?$?&,.'($'1.'?.2&'($'1&#'.*-&,$#')1H#")&#<'41'-&2&'$2-*#".#-.'($'#*'C,&#.E'F*$'
#*C$,.'*2.'B$3'?H#'$2'1.'8"#-&,".'$1')&2-,.#-$'$2-,$'1.E'.'B$)$#',*(.E'.)-*.1"(.(';'1&#'
$)&#E'.'B$)$#'#"1$2)"&#&#E'($1'1$>$2(.,"&'C.#.(&E'C&2$'($'?.2":"$#-&'#*'.?&,'C&,'
*2.'-"$,,.'F*$'#"-J.'($2-,&'($'1.'"?.>"2.)"62'$B&).(&,.'?H#'F*$'($'*2.'>$&>,.:K.'

)'(

)&2),$-.';',$.1E'#"'+"$2'2&'11$>.'2*2).'.'&1B"(.,#$'($'$#-.'J1-"?.'.1',$:$,",'?$(".2-$'
I*>&#.# ' .2L)(&-.# ' ; ' $cC$,"$2)".# ' 1&# ' C&,?$2&,$# ' ; ' )",)*2#-.2)".# ' ($ ' #* ' C$,"C1&'
C$,#&2.1<
e-,.' :&,?. ' ($ ' B".I., ' 8.)". ' $1 ' C.#.(& '$,.E ' #"2 ' (*(.E '$1 ' )&2&)"?"$2-& ' ($ ' 1.'
8"#-&,".';'($'1.#'.2-">l$(.($#'>,"$>.#'C,&C&,)"&2.(&'C&,'*2.'#$,"$'($'>,.2($#'&+,.#'
F*$'.1).23.,&2'.'C$#.,'($'#*'$c-$2#"62'&'($'1.'.1-*,.';'$,*(")"62'($'#*')&2-$2"(&E'
*2'.1-&'>,.(&'($'(":*#"62'$2-,$'$1'CJ+1")&<'D.#'>,.2($#'&+,.#'$,*("-.#'.)$,).'($'1.'
8"#-&,".'>,"$>.'.2-">*.'#$'"2")".2'$2'$1'#">1&'di55E'#&+,$'-&(&'$2'h&1.2(.')&2'1&#'
-,.-.(&#'$#),"-&#'C&,'f++&'4??"*#';'7&8.22$#'S$*,#"*#E'#"'$c)$C-*.?&#'1.'&+,.'
($1 ' "-.1".2& ' a.,"& ' R">&2"&E ' $#),"-. ' $2 ' $1 ' #">1& ' .2-$,"&,E ' )*;. 'E) # I)6V$&%*" #
4(-)2%)2/%95' C*$($ ' )&2#"($,.,#$ ' 1. ' C,"?$,. ' ?&2&>,.:K. ' )&?C*$#-. ' #&+,$ ' *2'
$#-.(&'>,"$>&<'b$,&'-&(.#'$11.#'$#-.+.2'$#),"-.#'$2'1.-K2';'#*'(":*#"62'?H#'.11H'($1'
,$(*)"(&')K,)*1&'($'1&#'$#-*("&#&#',$#*1-.+.'8.,-&')&?C1").(.<'R"2'$?+.,>&E';.'$2'
U``Y'.C.,$)"6'$2'52>1.-$,,.'1.'&+,.'($1'.,3&+"#C&'($'a.2-$,+*,;E'7&82'b&--$,E'-"-*1.(.'
4.*-")'&'B%"#B.")*"E'F*$E'.'C$#.,'($'#*'-K-*1&E'$#-.+.'$#),"-.'$2'"2>1L#';'.1).236'#*'
#LC-"?. ' $(")"62 ' $2 ' UYVU< ' a&2#"#-K. ' +H#").?$2-$ ' $2 ' *2 ' -,.-.(& ' #"#-$?H-")& ' ($'
.2-">l$(.($# ' )"B"1$#E ' ,$1">"&#.# ' ; '?"1"-.,$#E ' $#$2)".1?$2-$ '.-$2"$2#$#E ' C,&B"#-&' ($'
2*?$,&#.#',$:$,$2)".#'.'1&#'-$c-&#<'!*,.2-$'?*)8&'-"$?C&'C$,?.2$)"6')&?&'*2.'
&+,.'($',$:$,$2)".'F*$'-&(.BK.'#$>*K.',$$("-H2(&#$'$2'1.'C,"?$,.'?"-.('($1'#">1&'
d5d<'a&2-$2K.'-.?+"L2'*2.'#$,"$'($'.C,$)".)"&2$#'F*$'($1.-.2'$1')*1-&'.2-")*.,"&'($'
N,$)".';'&:,$)K.'.#KE';.'$2'>$,?$2E'.1>*2.#'($'1.#'?.2":$#-.)"&2$#'($'1&'F*$'#$,H'
?H# ' -.,($ ' $1 ' 2*$B& ' "($.1 ' 8$1L2")&< ' !$2-,& ' ($ ' $#-. ' -.,$. ' ($ ' (":*#"62 ' ($ ' 1&#'
)&2&)"?"$2-&#'#&+,$'$1'?*2(&'.2-">*&E';'$2'C.,-")*1.,'#&+,$'$1'>,"$>&E'8.;'F*$')"-.,'
$1'Lc"-&'$#C$)-.)*1.,'($'1.'h"#-&",$'.2)"$22$'$#),"-.'C&,'$1':,.2)L#'a8.,1$#'A&11"2E'
F*$'.C.,$)"6'C*+1").(.'$2'UQ'B&1J?$2$#'$2-,$'1&#'.%&#'UYQP';'UYQX<'M*$'-,.(*)"(.'
.1'"2>1L#';'$2'UXOQ'.1).23.+.';.'1.'UVw'$(")"62<'b$,?.2$)"6'(*,.2-$'1.,>&'-"$?C&'
)&?& ' $1 ' J2")& ' ,$C$,-&,"& ' .?C1"& ' ($ ' 1. ' 8"#-&,". ' >,"$>. ' $2 ' :,.2)L# ' ; ' #$ ' 8")"$,&2'
("B$,#&# ' )&?C$2("&# ' F*$ ' .+,$B".+.2 ' #* ' $c-$2#& ' )&2-$2"(& ' C.,. ' #* ' *#& ' $#)&1.,E'
(.(&'$1'-.1.2-$')1.,.?$2-$'$(*).-"B&'F*$'"?C,$>2.+.'-&(.'1.'&+,.<
!&#'>,.2($#'&+,.#'($',$)&C"1.)"62'$c8.*#-"B.E'$2'1.#'F*$'1.'"?.>$2'($'1.#'
&+,.# ' ($ ' .,-$ ' ($#$?C$%.+. ' $1 ' C.C$1 ' C,&-.>&2"#-. ' ; ' F*$ ' -*B"$,&2 ' *2. ' >,.2'
,$#&2.2)".'$2'#*'-"$?C&';'$2'1.':&,?.)"62':*-*,.'($'?*)8&#'$#-*("&#&#';.?.-$*,#'
($ ' 1. ' .2-">l$(.( ' >,"$>.E ' :*$,&2 ' 1&# ' )&?C$2("&# ' ($ '(&# ' :,.2)$#$#E ' S&2-:.*)&2 ' ;'
a.;1*#E'.C.,$)"(&#'.?+&#'$2'1.'C,"?$,.'?"-.('($1'#">1&'di555<'D.'C,"?$,.E'-"-*1.(.'
!a42(%=9%(8 # ):6&%=98) # )( # .)6.)/)2(8) # )2 # A%B9.)/E ' $,. ' &+,. ' ($1 ' ?&2I$ ' +$2$(")-"2&'
\$,2.,('($'S&2-:.*)&2E'F*$')&?C"16'2.(.'?$2&#'F*$'?H#'($'QP<PPP'&+,.#'($'.,-$'
.2-">*.#')&2'1.'C,$-$2#"62'($'"1*#-,.,'1.#':&,?.#'($'B"(.'($'1.'02-">l$(.(<'a.(.'
&+I$-&'"1*#-,.(&'$#-.+.'.)&?C.%.(&'($'*2'-$c-&'$cC1").-"B&'F*$'1$'(.+.'#">2":").(&<'
R*'&+I$-"B&'"+.'?*)8&'?H#'.11H'($'1.'?$,.'1.+&,'($').-.1&>.)"62E'$2'1.'F*$'C&,')"$,-&'
)&2:*2(K. ' . ' B$)$# ' 1&# ' &,">"2.1$# ' )&2 ' 1.# ' )&C".#E ' ;. ' F*$ ' C$2#.+. ' F*$ ' #*#'
"1*#-,.)"&2$# ' #$,B",K.2' ($ ' +.#$ ' . ' 1. ' 8"#-&,". ' ($ ' 1. 'B"(. ' ,$1">"&#.E ' C&1K-").E '#&)".1 ' ;'
?"1"-.,'($'1&#'.2-">*&#<'41'"?C&2$2-$',$C$,-&,"&'($'S&2-:.*)&2'#",B"6'(*,.2-$'?H#'($'
*2 ' #">1& ' ($ ' ,$:$,$2)". ' "2("#C$2#.+1$ ' C.,. ' -&(& ' .F*$1 ' F*$ ' ($ ' *2. ' ?.2$,. ' #$,".'
($#$.+.'C$2$-,.,'$2'$1'$#-*("&'($'1.'02-">l$(.(<D.'#$>*2(.'$,.'&+,.'($1')&2($'($'
a.;1*#E'11$B.+.'C&,'-K-*1& 'I)*9)%&#+a42(%=9%(8/#8B36(%)22)/Q#8(.9/=9)/Q#B.)*=9)/#)(#
.'5"%2)/';':*$'C*+1").(.'$2'#"$-$'B&1J?$2$#'$2-,$'1&#'.%&#'UYVO';'UY`Y<'42'#*'&+,.'
.C.,$)$2';.'1.#'+.#$#'($'1.'?&($,2.'-"C&1&>K.E'+.#.(.'$2'1.'&+#$,B.)"62'?"2*)"&#.'
(L1&#'&+I$-&#';'$2'#*')*.2-":").)"62<'0'C$#.,'($'F*$'.+.,).+.'-&(&'$1')&2I*2-&'($'1.'

)(*

8"#-&,".'.2-">*.E'#*#'C,$:$,$2)".#';'>*#-&#'C$,#&2.1$#'#$'($).2-.+.2')1.,.?$2-$'.'
:.B&, ' ($ ' 1&# ' >,"$>&#E ' )*;. ' #*C$,"&,"(.( ' .,-K#-"). ' C,&)1.?.+. ' #"2 ' ,$C.,&#E'
("#-"2>*"L2(&1&#'-.2-&'($'#*#'C,$($)$#&,$#E'1&#'$>"C)"&#E')&?&'($'#*#'#*)$#&,$#E'
1&# ' ,&?.2&#< ' R"2 ' (*(. ' .1>*2. ' 1&# ' $#:*$,3&# ' ($ ' .2-")*.,"&# ' )&?& ' S&2-:.*)&2 ' ;'
a.;1*#E').2.1"3.(&#'1*$>&'.'-,.BL#'($'&+,.#'($'?*)8.'?.;&,'(":*#"62')&?&'1.'($'
\.,-8L1$?;E ' 11$>.,&2 ' .1 ' >,.2 ' CJ+1")& ' ; ' C,$C.,.,&2 ' $1 ' ).?"2& ' C.,. ' F*$ ' #$'
$cC$,"?$2-.,.'C&,'-&(.#'C.,-$#'*2.')"$,-.'.:"2"(.('$#C","-*.1')&2'N,$)".<
01>*2.#'8"#-&,".#'($'1.'N,$)".'.2-">*.'-*B"$,&2'*2.',$C$,)*#"62'?.;&,'($'1.'
$#C$,.(.'C.,.'*2'1"+,&'($'$#-.'K2(&1$E'#$>*,.?$2-$'C&,'#$,'&+,.'($'C$,#&2.I$#'($'
*2 ' ,$C*-.(& ' C,$#-">"& ' ($2-,& ' ($1 ' H?+"-& ' C&1K-")& ' ; ' #&)".1 ' F*$ ' #$ ' 8.11.+.2'
>$2$,.1?$2-$'.1'?.,>$2'($1'H?+"-&'*2"B$,#"-.,"&E';'#$')&2B",-"$,&2'$2'1$)-*,.#'F*$'
)",)*1.,&2 ' )&2 ' .#"(*"(.( ' ($2-,& ' ($ ' 1&# ' .?+"$2-$# ' "1*#-,.(&# ' )&2 ' "2-$,$#$# ' ?H#'
.?C1"&#'($'1.'#"?C1$'$,*(")"62'.2-")*.,K.E';'F*$':*$,&2'?H#'.11HE'C&,'-.2-&E'($'1.'
#"?C1$')&2#*1-.'$#-.)"&2.1'&E'1&'F*$'$#'1&'?"#?&E'$1',$F*"#"-&'&+1">.-&,"&'C.,.'#*C$,.,'
*2.'.#">2.-*,.E'.'1.'F*$'C.,$)$2 '$#-.,'"2$1*("+1$?$2-$'($#-"2.(&#'$#-.')1.#$'($'
?.2*.1$#<'a.+$'?$2)"&2.,'($2-,&'($'$#-$'.C.,-.(&'1.'8"#-&,".'($'T$?C1$'R-.2;.2E'
.C.,$)"(.'$2'D&2(,$#'$2-,$'1&#'.%&#'UYPY';'UYQZE'F*$':*$',$$("-.(.'$2'2*?$,&#.#'
&).#"&2$#';'-,.(*)"(.'.1':,.2)L#'2.(.'?$2&#'F*$'C&,'$1'C,&C"&'!"($,&-'$2'UY^Q<'a&2'
$11. ' C,$-$2(K. ' ,$B"-.1"3., ' $1 ' B$,(.($,& ' $#CK,"-* ' ($ ' 1. ' N,$)". ' .2-">*. ' $2 ' )1.,.'
)&2-,.C&#")"62 ' )&2 ' 1.# ' 8"#-&,".# ' .2-$,"&,$# ' (&?"2.(.# ' C&, ' 1. ' $,*(")"62 ' & ' C&, ' 1.'
-$2($2)".'*2"B$,#.1"#-.E'F*$'$2-,$?$3)1.+.'1&#'.)&2-$)"?"$2-&#'($'*2.#'2.)"&2$#'
)&2'&-,.#E'$B"-.2(&'-.?+"L2'"2)*,,",'$2'1&#'-$("&#&#')&?$2-.,"&#'?&,.1$#'C,$#$2-$#'
$2'&+,.#')&?&'1.';.')&?$2-.(.'8"#-&,".'($'A&11"2<'R-.2;.2'$2:.-"3.+.'.($?H#'$1'
BK2)*1& ' &,>H2")& ' $#-.+1$)"(& ' $2-,$ ' $1 ' C*$+1& ' >,"$>& ' ; ' $1 ' $#CK,"-* ' ($ ' 1"+$,-.(E'
)&2-,.C&2"$2(& ' -K?"(.?$2-$ ' 1&# ' )&2)$C-&# ' ($ ' 1"+$,-.( ' .2-">*. ' ; ' ?&($,2. ' F*$ ' 1$'
"2)1"2.+.2'.'($).2-.,#$'.':.B&,'($'1.'?&($,2.'?&2.,F*K.'+,"-H2").<'R*'.#&)".)"62'
($'N,$)".')&2'$1'$#CK,"-*'($'1"+$,-.('1&'8.)K.')$,,.,'#*'8"#-&,".')&2'1.'11$>.(.'($'
M"1"C&'55E'F*$'#">2":").+.'C.,.'L1'$1':"2.1'($:"2"-"B&'($'1.#'1"+$,-.($#'>,"$>.#<
R">*"$,&2'1.'$#-$1.'($'R-.2;.2'&-,.#'&+,.#E')&?&'1.'($'e1"B$,'N&1(#?"-8E'*2'
$#),"-&,'.2>1&",1.2(L#'F*$'.1).236'1.':.?.')&2'&-,.#'&+,.#'($').,H)-$,'2&B$1$#)&E'
C$,&')*;.'8"#-&,".'($'N,$)".E'C*+1").(.'$2'UYY^E':*$'-.?+"L2'.?C1".?$2-$'$("-.(.';'
-,.(*)"(.< 'f2 ')&?C$2("&',$(*)"(& '($ '1. '?"#?.'&+-*B&'*2. '>,.2'(":*#"62'$#)&1.,'
:*$,. ' "2)1*#& ' ($1 ' .?+"$2-$ ' .2>1&#.I62E ' 8.#-. ' $1 ' C*2-& ' ($ ' F*$ ' $2 ' *2 ' ?.2*.1 ' ($'
8"#-&,".'>,"$>.'"-.1".2&'$,.')&2#"($,.(&'-&(.BK.'.'?$(".(&#'($1'd5d'$1'?$I&,'($'#*#'
C,$)$($2-$#<'M*$,.'($'52>1.-$,,.E'.':"2.1$#'($1'di555E'.C.,$)"$,&2'$2'01$?.2".'(&#'
1"+,&#'($+"(&#'.'1.'C1*?.'($'0,2&1('h$$,$2'F*$'-,.-.+.2',$#C$)-"B.?$2-$'#&+,$'1.'
C&1K-").E'$1')&?$,)"&';'1.#')&?*2").)"&2$#'($'1&#'C*$+1&#'.2-">*&#'1.'C,"?$,.';'#&+,$'
$1 ' )&2I*2-& ' ($ ' 1. ' 8"#-&,". ' .2-">*. ' $1 ' #$>*2(&< '0?+.# ' &+,.# ' -*B"$,&2 ' >,.2 ' Lc"-&E'
:*$,&2'-,.(*)"(.#'.'&-,.#'1$2>*.#';'>&3.,&2'($')"$,-.'(":*#"62'$2'4*,&C.<
R"2'$?+.,>&'$1'-,"*2:&'($:"2"-"B&'($'1.'8"#-&,".'>,"$>.')&?&'&+,.'($').,H)-$,'
>$2$,.1'$2'1.'F*$'#$'1$K.'?*)8&'?H#'F*$'1.'?$,.'2.,,.)"62'($'1&#'.)&2-$)"?"$2-&#'
($1'C.#.(&E'$cC*$#-&#')&2'?.;&,'&'?$2&,'C,$)"#"62E'C.,.'C.#.,'.')&2B$,-",#$'$2'
*2.',$:1$c"62'($'?*)8&'?.;&,').1.(&'#&+,$'1.'C&1K-").')&2-$?C&,H2$.E'#$'C,&(*)",H'
($'2*$B&'$2'52>1.-$,,.')&2'1.#'8"#-&,".#'($'S"-:&,(E'T8",1[.11';'N,&-$<'41'C,"?$,&'$,.'
?"$?+,&'($1'C.,1.?$2-&'+,"-H2")&';'$#),"+"6'#*'&+,.')&2'1.'C,$-$2#"62'($'F*$'#$'
)&2B",-"$,.'$2'*2 '6'&%(%*"&#%2/(%(9()' C.,.'-&(.#'1.#'2.)"&2$#E')&?&'$,.'$1'($#-"2&'($'
*2. ' 8"#-&,". ' ($ ' N,$)". ' C$,:$)-.?$2-$ ' $#),"-.E ' #$>J2 ' #* ' C,&C". ' ($)1.,.)"62< ' 41'
)&2-$2"(&')1.,.?$2-$'.2-"1"+$,.1'($'1.'&+,.E'F*$'-,.#1*)K.')&2')1.,"(.('1.'.B$,#"62'

)()

8.)".'-&(&'-"C&'($'>&+"$,2&',$C*+1").2&'&'C&C*1.,E'>$2$,6'2*?$,&#.#'),K-").#E'C$,&'
$11&'2&'"?C"("6'*2'Lc"-&'$("-&,".1')&2:",?.(&'C&,'2*?$,&#.#',$"?C,$#"&2$#'#*)$#"B.#'
;'#*'-,.(*))"62'.1'.1$?H2<'41'#$>*2(&E'*2'$)1$#"H#-")&'.2>1").2&'F*$'$,.'?"$?+,&'
($'1.')H?.,.'($'1&#'1&,$#E'C*+1")6'*2. 'G%/('.3#'A#P.))*)'$2'&)8&'B&1J?$2$#'$2-,$'
1&#'.%&#'UXQV';'UX^YE'F*$':*$'-,.(*)"(.'.1':,.2)L#E'#61&'C.,)".1?$2-$E';'.1'.1$?H2<'
R$'?&#-,6')&2-,.,"&'.1')&2-"2*&'($#),L("-&'$2'F*$'8.+K.2'"2)*,,"(&'1&#'.-$2"$2#$#'.'
?.2&# ' ($ ' &+,.# ')&?& ' 1. ' ($ ' S"-:&,( ' ; '-*B& ' $1 ' ?L,"-& ' ($ ' ,$($#)*+,", ' 1. ' :">*,. ' ($'
a1K#-$2$#')&?&':*2(.(&,'($'1.'($?&),.)".<'41'-$,)$,&E'C,"?$,&'+.2F*$,&';'1*$>&'
?"$?+,&'-.?+"L2'($1'C.,1.?$2-&E'.*2F*$'$2'$1'+.2(&')&2-,.,"&'.1'($'S"-:&,(E':*$'$1'
.*-&,'($'1.'F*$'$#'F*"3H'1.'?H#')L1$+,$'($'-&(.#'1.#'8"#-&,".#'>,"$>.#';'.'F*"$2'#$'
)&2#"($,.'.($?H#'$1'C.(,$':*2(.(&,'($'1.'("#)"C1"2.<'R*'G%/('.3#'A#P.))*)'$2'(&)$'
B&1J?$2$#'.C.,$)"6'C*+1").(.'$2-,$'1&#'.%&#'UX^`';'UXV`<'M*$'&+I$-&'($'2*?$,&#.#'
$(")"&2$#'#*)$#"B.#';'#$'-,.(*I&'.1':,.2)L#E'.1'.1$?H2';E'C.,)".1?$2-$E'.1'"-.1".2&<'
R*#'(&#'>,.2($#'?L,"-&#'#&2'8.+$,'$#-.+1$)"(&'*2.'2$-.'("#-"2)"62'$2-,$'1&#'-"$?C&#'
?H#'.2-">*&#';'1&#'?H#'$#-,")-.?$2-$'8"#-6,")&#E'#$C.,.(&#'C&,'1.'"2#-"-*)"62'($'1.#'
e1"?CK.(.#E ' ;'8.+$, ' C,$#-.(& ' )&2-"2*. ' .-$2)"62 ' . ' 1. ' B"(.' C&1K-").E ' ?.2":$#-.(. ' .'
-,.BL#'($'1.#'#*)$#"B.#'"2#-"-*)"&2$#'&'($'1.#'1*)8.#'$?C$%.(.#'$2'1.')&2#$)*)"62'
($ ' 1.# ' 1"+$,-.($#< ' b,&+.+1$?$2-$ ' 2"2>J2 ' $#),"-&, ' 8.;. ' )&2-,"+*"(& ' -.2-& ' .1'
$2-$2("?"$2-& ' ($ ' 1. '"?C&,-.2)". '($ 'N,$)". ' C.,. '$1 '$#-.("#-. ' ; '$1 ')"*(.(.2&E '*2.'
)",)*2#-.2)".'F*$'11$B6'.'($)1.,.,'.1'8"#-&,".(&,'"2>1L#'M,$$?.2'F*$'1.'1$)-*,.'($'1.'
&+,.'($'N,&-$'?.,).+.'*2.'LC&).'$2'1.'B"(.'($'*2'8&?+,$<
S"$2-,.#'-.2-&'$2'M,.2)".'-,"*2:.+.2'8"#-&,".#'>$2$,.1$#'($'N,$)".')&?&'1.'($'
i")-&,'!*,*;E'C*+1").(.'$2'UXVUE'F*$':*$'&+I$-&'($'"22*?$,.+1$#',$$(")"&2$#<'M*$'
?"2"#-,& ' ($ ' ].C&1$62 ' 555E ' ($#C*L# ' #$2.(&, ' ; ' ,$&,>.2"3.(&, ' ($ ' -&(& ' $1 ' #"#-$?.'
$(*).-"B&':,.2)L#<'a&2'#*'&+,.'C$,#$>*K.E'.#KE'*2.':"2.1"(.('$(":").2-$'-,.-.2(&'($'
$c-,.$,'1$))"&2$#'($'1&#'.)&2-$)"?"$2-&#'($#),"-&#';'($'("#-,"+*",1&#'1*$>&'($2-,&'($'
"&#')&?C.,-"?$2-&#'.($)*.(&#'($')*.1"(.(E'+*$2.'&'?.1.E'F*$'?$,$)K.2<'!$#-.).'
1. ' $c.1-.)"62 ' ($ ' b$,")1$# ' ; ' ($1 ' #"#-$?. ' ($?&),H-")& ' .-$2"$2#$ ' B"#-& ' ($#($ ' *2.'
C$,#C$)-"B.'?&($,2"3.2-$';'1.')&2-,.C&#")"62'($'1.'4*,&C.'>,"$>.';'),"#-".2.'.'*2'
e,"$2-$'(&?"2.(&'C&,'$1':.-.1"#?&';'$1'($#C&-"#?&<'S$2&#'$c-$2#.'$2':&,?.-&'C$,&'
2&'$2'C$,#C$)-"B.';'.?+")"&2$#':*$'1.'&+,.'($']*?.'!"&2"#"&'M*#-$1'($'a&*1.2>$#Q#
!"#*%9+"+#"2(%B9"E'C*+1").(.'$2'UX`^E'F*$':*$'.?C1".?$2-$',$$("-.(.';'-,.(*)"(.'
)&2B",-"L2(&#$')&2'$1'-"$?C&'$2'*2'B$,(.($,&')1H#")&'($'1.'?.-$,".<'D.'&+,.'$2-,.+.'
($ ' 11$2& ' $2 ' 1.# ' ("#)*#"&2$# ' ($1 ' #">1& ' .2-$,"&, ' #&+,$ ' $1 ' $#-.(& ' ; ' $1 ' &,">$2 ' ($ ' 1.'
b,&C"$(.(';'$#-.+1$)K.'*2.')1.,.'(":$,$2)".'$2-,$'1.'1"+$,-.('($'1&#'.2-">*&#';'1.'($'
1&#'?&($,2&#<'b&#$K.'*2.'>,.2':*$,3.'"2-$1$)-*.1E'.'C$#.,'($'F*$'#$'1.'.)*#.+.'($'
#$, ' $c)$#"B.?$2-$ ' #"?C1":").(&,. ' ; ' ($ ' ).,$)$, ' ($1 ' 2$)$#.,"& ' .C&;& ' :"1&16>")&E ' .'
C$#.,'($'F*$'$,.2'1&#'.*-&,$#'.2-">*&#'1&#'J2")&#'F*$'.C.,$)K.2'?$2)"&2.(&#'.'1&'
1.,>&'($'#*#'CH>"2.#<
42'01$?.2".').+$'#$%.1.,'1.'&+,.'($'4,2#-'a*,-"*#E'F*$'C*+1")6'*2.'h"#-&,".'
>,"$>. ' $2-,$ ' 1&# ' .%&# ' UXVY ' ; ' UX`Y ' $2 ' 1. ' ?"#?. ' )&1$))"62 ' $2 ' F*$ ' :">*,.+. ' 1.'
:.?&#K#"?.'G%/('.%"#+)#I'5"'($'T8$&(&,'S&??#$2E'F*$'8"3&'?$,$)$(&,'.'#*'.*-&,'
($1'C,$?"&']&+$1'($'D"-$,.-*,.<'D.'&+,.'($'a*,-"*#'-*B&'*2'>,.2'Lc"-&'$("-&,".1'_11$>6'
8.#-.'1.'#$c-.'$(")"62'$2'-.2'#61&'(&#'.%&#_';':*$'-.?+"L2'?*;'C&C*1.,'$2'M,.2)".'
$'52>1.-$,,.<'R*'Lc"-&'($'CJ+1")&'#$'$cC1").'#&+,$'-&(&'C&,'#*'>,.2')&2&)"?"$2-&'($'1.'
>$&>,.:K.'>,"$>.E'.'(&2($'8.+K.'B".I.(&')&2'#*'?.$#-,&'$1'>,.2'v.,1'e--:,"$('Sl11$,E'
.*-&,'($'1.')L1$+,$'?&2&>,.:K.'#&+,$'1&#'(&,"&#'F*$'8.,K.'LC&).'$2'1&#'$#-*("&#'
8$1L2")&#E'C&,'#*'"2(*(.+1$').C.)"(.('C.,.'($#C$,-.,'$2'$1'1$)-&,'$1'"2-$,L#'C&,'1&'

)(!

-,.-.(&';'C&,'#*'C,&#.')1.,.';')*"(.(.E'F*$'8.)K.'1.'1$)-*,.'?H#':1*"(.<']&'($#C$,-6E'
#"2'$?+.,>&E'$1'?"#?&'$2-*#".#?&'$2-,$'1&#'$#-*("&#&#'F*$')&-$I.,&2'#*'&+,.')&2'1.'
($'N,&-$E'(&?"2.(&,.'C&,'$2-&2)$#'($1'C.2&,.?. ')&2'.+#&1*-. '#*C,$?.)K.E';'1.'
)&?C.,.)"62E'($'#.1(&')1.,.?$2-$'2$>.-"B&'$2')&2-,.'($'a*,-"*#E'C$#6'($?.#".(&'
#&+,$'$1'($#-"2&'($'1.'?"#?.<
D.'(":*#"62';'B*1>.,"3.)"62'($'1.'8"#-&,".'>,"$>.'#$')"$,,.2'$2'$1'#">1&'d5d')&2'
1&# ' ($#)*+,"?"$2-&# ' .,F*$&16>")&# ' ($ ' R)81"$?.22E ' F*$ ' .1).23.,&2 ' *2. ' $2&,?$'
(":*#"62'?$("H-").E')&?&'(",K.?&#'8&;E'-.2-&'C&,'#*').,H)-$,'C&1L?")&';',$2&B.(&,'
($'1.'8"#-&,".'>,"$>.',$)&2&)"(.')&?&'-.1'8.#-.'$#&#'?&?$2-&#')&?&'C&,'1.').-.(*,.'
-.2'C.,-")*1.,'($1'C$,#&2.I$E';.')"-.(&'$2',$C$-"(.#'&).#"&2$#'$2'$1')*,#&'($'$#-$'
1"+,&E's'1.'&+,.'"?C&2$2-$'($1'8"#-&,".(&,'.1$?H2'7.)&+'\*,)j8.,(-E')*;.'G%/('.%"#+) #
&" # *9&(9." # B.%)B"E ' $2 ' ,$.1"(.( ' *2. ' &+,. ' C6#-*?. ' )&2#-"-*"(. ' C&, ' $1 ' -$c-& ' ($ ' #*#'
1$))"&2$#E ' #$ ' 8. ' )&2B$,-"(& ' ($#($ ' $2-&2)$# ' $2 ' *2. ' B$,(.($,. ' &+,. ' ?.$#-,.E ' .'
($#C$)8&'($1'C.#&'"2$c&,.+1$'($1'-"$?C&';'($'#*#'$:$)-&#'#&+,$'*2'-$c-&'$#),"-&'
$2-,$'1&#'.%&#'UXYO';'UXXV<'D.'$c-,.&,("2.,".'.>*($3.')&2'F*$'($1"2$.'$1')*.(,&'($'
1.')"B"1"3.)"62'>,"$>.E'1.'C,&:*2(.')&?C,$2#"62'F*$'($?*$#-,.'8.)".'.F*$1'?*2(&';'
#*'.2H1"#"#'($'1.'C&1"#')&2#-"-*;$2'.1>*2&#'($'#*#'?L,"-&#'?H#'($#-.).(&#<'a.,?"2$'
0?C&1&'8.'#*+,.;.(&'1.'?&($,2"(.('($'1&#'$2:&F*$#'($'\*,)j8.,(-'$2'#*'C,&C6#"-&'
($'8.)$,'1.'8"#-&,".'($'1&#'?&(&#'($'C$2#.,';'($'1.#')&2)$C)"&2$#'($'1&#'>,"$>&#E'
.#K')&?&'($'"2(.>.,'1.#':*$,3.#'B"-.1$#E')&2#-,*)-"B.#'&'($#-,*)-"B.#E'F*$'.)-*.,&2'
$2'1.'B"(.'>,"$>.<'R*')L1$+,$'.:",?.)"62'.)$,).'($'1.'("#-.2)".'$c"#-$2-$'$2-,$'1.'
0-$2.# '?"-":").(. ' ($1 '#">1& 'i' .<a< ';'1. ')"B"1"3.)"62 '?&($,2. '.B.1.E' #"2 '(*(.E '$#-.'
C$,#C$)-"B.<
0'1&'1.,>&'($1'#">1&'dd'1.'(":*#"62'($'1.'8"#-&,".'>,"$>.'#$'8.'B$2"(&',$.1"3.2(&'
#&+,$'-&(&'.'-,.BL#'($'>,.2($#')&1$))"&2$#'($'8"#-&,".'*2"B$,#.1E'F*$'($(").+.2'*2'
B&1*?$2'&'*2.'C.,-$')&,,$#C&2("$2-$'.'1.'N,$)".'.2-">*.<'42'52>1.-$,,.'#&+,$#.1$'
#&+,$'-&(.#'$11.#'1.')L1$+,$',"5$.%+B)#42*%)2(#G%/('.3E'F*$'.'1.'26?"2.'($'>,.2($#'
)&1.+&,.(&,$#'($'1.'C,"?$,.'?"-.('($1'#">1&'dd'#*?.'.8&,.'.'1&#'?H#',$)"$2-$#'$2'
#*'2*$B.'$(")"62<'e-,.#')&1$))"&2$#')&?&'1.'U'2("2"#42*%)2(#G%/('.3E'?*;'(":*2("(.'
$2-,$'$1'CJ+1")&';'-,.(*)"(.')&2'($#">*.1':&,-*2.'.1'$#C.%&1E'8.2')&2-.(&'-.?+"L2'
)&2'1.')&1.+&,.)"62'($'>,.2($#'$#C$)".1"#-.#'$2'#*#',$#C$)-"B.#'H,$.#')&?&'e#[;2'
S*,,.; ' $2 ' 1. ' N,$)". ' .,).").E ' 7< ' v< ' !.B"$# ' $2 ' 1. ' )1H#"). ' ; ' M< ' o< ' o.1+.2j ' $2 ' 1.'
8$1$2K#-").< ' 42 ' M,.2)". ' 8.2 ' "(& ' .C.,$)"$2(& ' 2*?$,&#.# ' )&1$))"&2$# ' )&?& ' 1.'
G%/('%.)#B)28."&)E'(",">"(.'C&,'N*#-.B$'N1&-3E'L1'?"#?&'*2',$C*-.(&'8$1$2"#-.'F*$'
.#*?"6 ' 1. ' C.,-$ ' )&,,$#C&2("$2-$ ' . ' N,$)".E '!a8M'&9(%'2 # +) # &aG95"2%(8E ' (",">"(. ' C&,'
h$2,"'\$,,';'-,.(*)"(.'-.?+"L2'.1'$#C.%&1E'(&2($')&1.+&,.,&2'8$1$2"#-.#'($'1.'-.11.'
($1')"-.(&'N1&-3'&'($'D&*"#'N$,2$-E'?.$#-,&'($'-&(.'*2.'>$2$,.)"62'C&#-$,"&,'($'
>,.2($#'8$1$2"#-.#E 'O)96&)/#)(#*%M%&%/"(%'2/E')*;&#'B&1J?$2$#'($(").(&#'.'N,$)".'
8.2'#"(&'$2).,>.(&# '. '+,"11.2-$# '8$1$2"#-.#E' ?.>2K:")&# ')&2&)$(&,$# '.($?H# '($1'
?*2(&'8$1L2")&')&?&'a1.*($'S&##LE'g(&*.,('o"11';'b.*1'N&*j&[#j;E'1. 'G%/('%.) #
B)28."&) # +)/ # *%M%&%/"(%'2/E ' $2 ' 1. ' F*$ ' 1. ' C.,-$ ' ($ ' N,$)". ' :*$ ' .#*?"(. ' C&, '02(,L'
0;?.,(E ' &-,& ' ($#-.).(& ' $#C$)".1"#-. ' $2 ' 1. ' ?.-$,".E ' & ' 1. '>'9M)&&)' ,&%'E ' )*;&#'
B&1J?$2$#'>,"$>&#'.).+.2'C,H)-").?$2-$'($'.C.,$)$,'.8&,.'($'1.'?.2&'($'a8.,1$#'
\.*,."2'=LC&).'.,).").@';'($'*2'$F*"C&').C"-.2$.(&'C&,'b"$,,$'D$BLF*$';'b"$,,$'
\,".2-'=LC&).')1H#").@<'42'5-.1".'#&+,$#.1$2'#&+,$'-&(&'1.'G%/('.%"#3#*%M%&%N"*%;2#+)#&'/ #
B.%)B'/E'(",">"(.'C&,'A.2*))"&'\".2)8"'\.2("2$11"E';'1.',$)$2-K#"?.')&1$))"62'C#P.)*%L #
R('.%"Q # *9&(9."Q # ".()Q # /'*%)(?E ' +.I& ' 1. ' (",$))"62 ' ($ ' R.1B.-&,$ ' R$--"#E ' C*+1").(. ' C&,'
4"2.*("')&2'.C&,-.)"&2$#'($'$#-*("&#&#'($'-&(.#'1.#'C,&)$($2)".#';'+"$2'&,($2.(.'

)("

$2 ' #* ' ("#-,"+*)"62 ' $2 ' )"2)& ' >,*$#&# ' B&1J?$2$# ' ($ ' C.C$1 ' +"+1".< ' 42 ' 4#C.%.E'
:"2.1?$2-$E 'C.,$)$'F*$ '#$ '8. '&C-.(&'?H#'C&,'1.'B$,#"62'?.2*.1K#-").E '($ '1.'F*$'
$c"#-$2'*2.'+*$2.'#$,"$'($'$I$?C1&#E'F*$'C&,'1.'"2)1*#"62'($'1.'8"#-&,".'($'N,$)".'$2'
>,.2($# ' )&1$))"&2$# ' ($ ' 8"#-&,". ' )&?& ' 1.# ' )"-.(.#E ' #" ' +"$2 ' $# ' )"$,-& ' F*$ ' $c"#-$2'
.1>*2.#'($'$11.#'F*$'2&'8.2'.1).23.(&E'#"2'$?+.,>&E'1.',$#&2.2)".'"2-$,2.)"&2.1'($'
1.#'?$2)"&2.(.#'8.#-.'.8&,.<
42-,$ ' 1&# ' 2*?$,&#&# ' "2-$2-&# ' C.,-")*1.,$#E ' ($#-"2.(&# ' C,"2)"C.1?$2-$ ' . ' 1.'
("B*1>.)"62E'?H#'+,$B$#';')&2)"#&#'2$)$#.,".?$2-$'F*$'1&#'.2-$,"&,$#E';'F*$'8.2'
>&3.(&'($'*2')"$,-&'Lc"-&'($'CJ+1")&').+$'?$2)"&2.,'1&#'($'h<'!<'M<'v"--&'=UZVU@E'$1'
$("-.(&'C&,'h*>8'D1&;(m7&2$#'=UZ`O@E'$1'($'S&#$#'M"21$;'=UZ``@E'!"#"M)2(9."#B.%)B"#
($'b"$,,$'D$BLF*$'=UZ`X@E'1&#'(":$,$2-$#'&CJ#)*1&#'($'S")8.$1'N,.2-'=$1'?H#'>$2$,.1'
#&+,$'1&#'>,"$>&#'$2'UZXZ@E'$1')&2I*2-&'($'-,.+.I&#'$("-.(&'C&,'7$.2'b"$,,$'i$,2.2-'
+.I& ' $1 ' -K-*1& 'H& # -'5$.) # B.%)B'' =UZZU@E ' 1&# ' (":$,$2-$# ' -,.+.I&# ' ($ ' 1. ' .).(L?").'
:,.2)$#. ' 7.)F*$1"2$ ' ($ ' A&?"11; ' =$1 ' J1-"?& 'dO'.=98 # P.)*%"e' $2 ' UZZY@ ' ; ' 1&# ' ?H#'
,$)"$2-$#'($'b.*1'a.,-1$(>$'=OPPP@E'.#K')&?&'$1'B&1*?$2')&,,$#C&2("$2-$'.'N,$)".'
)1H#").'$2'1. 'G%/('.%"#+)#H9.'6"#+)#K:A'.+' $1.+&,.(&'C&,'A&+"2'e#+&,2$'=OPPP@E'
-&(&# ' $11&# ' -,.(*)"(&# ' . ' 2*$#-,& ' "("&?.< ' 52)1*#& ' ($2-,& ' ($ ' 1. ' ?H# ' ($2#.'
8"#-&,"&>,.:K. '.1$?.2.E'C&)&'C,&C")".'.'$#-.')1.#$'($'p.B$2-*,.#q'("B*1>.(&,.#';'
?H# ' .#$2-.(. ' $2 ' *2 ' .).($?")"#?& ' ($2#& ' ; ' -,.(")"&2.1 ' =*2 ' #"?C1$ ' B"#-.3& ' . ' 1.'
G%/('.%" #+) #P.)*%"' ($ 'h$,?.22' \$2>-#&2E' -,.(*)"(. '. '2*$#-,& '"("&?.E 'C*$($ ' #$,'
#*:")"$2-$'C.,.')&?C,&+.,1&@E'#$'8.2'C,&(*)"(&'&+,.#'($').,H)-$,'?H#'>$2$,.1')&2'
)1.,.'-$2($2)".'.'1.'(":*#"62'$2-,$'$1'>,.2'CJ+1")&E')&?&'1.#'($'7&.)8"?'N$8,j$';'v."'
\,&($,#$2< ' R&2 ' ">*.1?$2-$ ' 2*?$,&#&# ' 1&# ' 1"+,&# ' F*$ ' ($#),"+$2 ' $1 ' ?*2(& ' >,"$>&'
C,"?.2(&'$#C$)".1?$2-$'$1')&?C&2$2-$'")&2&>,H:")&E'?$(".2-$':&-&>,.:K.#'($'>,.2'
).1"(.( ' ; ' :&,?.-&E ' C,&B"#-&# ' .($?H# ' ($ ' ("+*I&# ' ; ' ,$),$.)"&2$# ' "($.1$# ' ($ ' 1&#'
C,"2)"C.1$# ' #.2-*.,"&# ' ; ' )"*(.($#E ' )&?& ' 1&# ' ($ ' M*,"& ' !*,.2(&E ' F*$ ' 8.2 ' #"(&'
-,.(*)"(&#'.'(":$,$2-$#'"("&?.#E'&'$1'?H#',$)"$2-$'($'b$-$,'a&22&11;';'h.3$1'!&(>$'
#&+,$'1.')"*(.('.2-">*.E'F*$'($(").'1.'?"-.('($1'-$c-&'.'1.')"*(.('($'0-$2.#<'R&2'
-.?+"L2'?*;'.+*2(.2-$#E';'.1>*2&#'-.?+"L2'($'>,.2').1"(.(E'1&#'1"+,&#'($').,H)-$,'
I*B$2"1 ' & ' "2:.2-"1E ' C,&B"#-&# ' ">*.1?$2-$ ' ($ ' "1*#-,.)"&2$# ' . ' -&(& ' )&1&, ' ; ' .-,$B"(.#'
,$)&2#-,*))"&2$#'"?.>"2.,".#E'F*$'+*#).2'C,$#$2-.,'($'*2'?&(&'.-,.)-"B&';'.?$2&'
1.')"B"1"3.)"62'>,"$>.')&2',$),$.)"&2$#'($'.#C$)-&#'($'#*'B"(.')&-"(".2.'.'1&#'?H#'
I6B$2$#<
f2. ' :"2.1"(.( ' .#*?"(. ' -.?+"L2 ' C&, ' (":$,$2-$# ' #$,"$# ' ($ ' -$1$B"#"62 ' ($'
?.2":"$#-&'-.1.2-$'("B*1>.-"B&'C$,&'$1.+&,.(.#')&2'1.').1"(.(';'1.'>.,.2-K.'($1'#&C&,-$'
($',$C*-.(&#'$#C$)".1"#-.#')&?&'1.',$.1"3.(.'$2'#*'(K.'C&,'1.'\\aE'F*$':*$'(",">"(.'
C&,'*2'8$1$2"#-.'($'-.2-&'C,$#-">"&')&?&'$1';.')"-.(&'v$22$-8'!&B$,<'!")8&'.*-&,'
"2-$,B$2K.'C$,#&2.1?$2-$'$2'?$("&'($'1.'2.,,.)"62'C.,.'($#-.).,'("B$,#&#'.#C$)-&#'
;'2&'($I.'($'#$,'#">2":").-"B&'($'1.'.)-"-*('F*$'-,.#1*)$'1.'#$,"$'$1'8$)8&'($'F*$'#$'
$?&)"&2.#$ ' B"#"+1$?$2-$ ' $2 ' $1 ' ).CK-*1& ' ($(").(& ' . ' 1.# ' >*$,,.# ' ?L(").# ' .1'
C,&2*2)".,'$2'>,"$>&'1&#':.?&#&#'B$,#&#'($'1&#'b$,#.#'($'4#F*"1&'F*$',$#*?$2'$1'
C$.2 ' ).2-.(& ' C&, ' 1&# ' 2".,"2$,&# ' >,"$>&# ' .2-$# ' ($1 ' ($)"#"B& ' )&?+.-$ ' 2.B.1 ' ($'
R.1.?"2.'=p&8'8"I&#'($'1&#'>,"$>&#'}<<<~'.8&,.'$#'1.'1*)8.'C&,'-&(&q@<'R&2'-.?+"L2'
(">2.#'($'?$2)"62'$2'$#-$'-$,,$2&'1.#',$.1"3.(.#'C&,'$1'?"#?&').2.1E'$#-.'B$3'+.I&'
$1'.*#C")"&'($1'b$,"&("#-.';')"2$.#-.'$#C$)".1"3.(&'$2',$C&,-.I$#'8"#-6,")&#E'S")8.$1'
o&&(E'C2#R)".*-#'A#(-)#0.'D"2#`".'=42'+*#).'($'1.'>*$,,.'($'T,&;.@E'$2'UZXVE';'C2#
(-)#U''(/()6/#'A#4&):"2+).#(-)#P.)"('=T,.#'1&#'C.#&#'($'01$I.2(,&'S.>2&@E'($'UZZY<

)(#

a.+,K.'?$2)"&2.,'-.?+"L2'($2-,&'($'$#-$'H?+"-&'1.#'>,.2($#'$cC&#")"&2$#'
F*$ '8.2 '-$2"(& ' )&?& ' -$?. ')$2-,.1 ' .#C$)-&# ' ("B$,#&#',$1.)"&2.(&# ' )&2 ' 1. 'N,$)".'
.2-">*.E ' ($#($ ' #*# ' ?"-&# ' ?H# ' $?+1$?H-")&# ' 8.#-. ' $c8"+")"&2$# ' ($ ' -$#&,&# ' &'
C.2&,.?.# ' ($1 ' 8$1$2"#?& ' $2 ' *2. ' ,$>"62 ' ($-$,?"2.(.E ' )&?& 'c&%/)/Y # )& # 5%(' # 3 # &" #
5)5'.%"E 'O"2+'."Y#&"#59D).#)2#&"#P.)*%"#*&?/%*"E '!'/#B.%)B'/#)2#K**%+)2()E'& 'H& #
()/'.' # +) # 0.'3"E 'C&, ' )"-., '.1>*2.# ' ($ ' 1.# ' ?H#' ,$)"$2-$# ' ; ' $#C$)-.)*1.,$#< 'T&(.#'
$11.#E'.1>*2.#'C.#.2(&'C&,'(":$,$2-$#'#$($#E'8.2'>&3.(&'($'*2'>,.2'Lc"-&'($'CJ+1")&'
;'8.2'$2)&2-,.(&'*2.'2&-.+1$',$C$,)*#"62'$2'1&#'?$("&#'($')&?*2").)"62E'C&,'2&'
?$2)"&2.,'$cC&#")"&2$#'.1>&'?H#')",)*2#-.2)".1$#E')&?&'1.'($'1&#'+,&2)$#'($'A".)$'
=1&#'(&#'$#C1L2("(&#'>*$,,$,&#'($'+,&2)$',$)*C$,.(&#'($1':&2(&'($1'?.,'$2'$1'#*,'($'
5-.1". ' F*$ ' 8.2 ' .,,$+.-.(& ' 1.# ' C&,-.(.# ' ($ ' 1&# ' 1"+,&# ' #&+,$ ' N,$)". ' . ' $#)*1-*,.#'
)1H#").#'-.2')L1$+,$#')&?&'$1'0*,">.'($'!$1:&#'&'$1'9$*#'($1').+&'0,-$?"#"&2@'$2'
A&?.E'*2.'B$3',$#-.*,.(&#E'$2'1&#'.%&#'&)8$2-.E')*;.#'1.,>*K#"?.#')&1.#'.C.,$)K.2'
,$:1$I.(.#')&?&'2&-")".'$2'1&#'-$1$(".,"&#'($1'?&?$2-&<
4#-$'"?C*1#&'($',$-&,2.,'.'*2'C.#.(&'"($.1';').#"'?H>")&E'#"'#$'"2:"1-,.'.($?H#'
$2'$1'?*2(&'($'1&#'?"-&#E'8.'"2#C",.(&'-.?+"L2'1.'+J#F*$(.'&'1.'C$,$>,"2.)"62'C&,'
1.#' (":$,$2-$# '$-.C.#' ($1' "-"2$,.,"&' ($ '1&#'>,.2($# '8L,&$#' B".I$,&# ')&?& ' f1"#$# '&'
7.#62 ' C&, ' C.,-$ ' ($ ' 2.B$>.2-$# ' .B$2-*,$,&# ' )&?& ' 4,21$ ' \,.(:&,( ' =H2 # $9/*" # +) #
c&%/)/E'UZ`^@'&'T"?'R$B$,"2'=0-)#b"/'2#Z'3"B)<#0-)#@9)/(#A'.#(-)#P'&+)2#U&))*)E'
UZXVE '0-)#c&%/)/#Z'3"B)< 'R)"#R)".*-#A'.#(-)#K+3//)3E'UZXY@E'F*$E').,>.(&#'($'
$2-*#".#?&';'.,?.(&#')&2'1.':$'($1'2$&)&2B$,#&E'8.2'C,&#$>*"(&'"2).2#.+1$#'1.'
$#-$1.'($I.(.'C&,'.F*$11&#'B"$I&'?.,"2&#'($2-,&'($'1.'>$&>,.:K.',$.1'($'1.#')&#-.#'
?$("-$,,H2$.# ' & ' ($ ' 1.# ' ,"+$,.# ' ($1 ' ?., ' ]$>,&E ' . ' C$#., ' ($ ' F*$ ' #*# ' #* ' C*$#-&#'
.2-$)$#&,$#'1&'8")"$,.2'?H#'+"$2'.'-,.BL#'($'*2'$#C.)"6'"?.>"2.,"&';':.2-H#-")&'F*$'
#61&'&).#"&2.1?$2-$';'($':&,?.',$:,.)-.(.'C.,$)$'#$%.1.,'8.)".'-"$,,.#'?H#',$.1$#<'
]&'#$'&1B"($'F*$';.'*2'"?C&,-.2-$'$#-*("&#&':,.2)L#'($'1.'-.11.'($'iK)-&,'\L,.,('
8.+K.'"2")".(&'$#-.'?"#?.'+J#F*$(.'($#$#C$,.(.'$?C1$.2(&'$2'$11.'?H#'($'-,$#'
.%&#E'F*$'1*$>&'#$,K.'C1.#?.(.'$2')*.-,&'>,*$#&#'B&1J?$2$#'.C.,$)"(&#'$2-,$'1&#'
.%&# ' UZOY ' ; ' UZOZE ' C.,. ' )&2)1*", ' .:",?.2(&E ' $2 ' *2 ' ?&?$2-& ' ($ ' 1*)"($3E ' F*$'
)*.1F*"$,',"2)62'($1'S$("-$,,H2$&E'F*$'-.2'+"$2'8.+K.'11$>.(&'.')&2&)$,'$1'C,&C"&'
\L,.,( ' . ' 1& ' 1.,>& ' ($ ' #*# ' 2.B$>.)"&2$#E ' C&(,K. ' "($2-":").,#$ ' )&2 ' 1.# ' B.>.# ' ;'
>$2L,").# ' ($#),"C)"&2$# ' ($ ' 1. 'K+%/)"' 8&?L,").< ' T.?+"L2 ' 1. ' +J#F*$(. ' ($'
)&2-"2$2-$#'C$,("(&#E')&?&'1.'?K-").'0-1H2-"(.'C1.-62").E'&'($'1*>.,$#'C.,.("#K.)&#'
)&?& ' p$1 ' I.,(K2 ' ($ ' 1.# ' h$#CL,"($#q ' & ' p1.# ' "#1.# ' ($ ' 1&# ' .:&,-*2.(&#qE ' 8. ' .-,.K(&'
)&2#"($,.+1$?$2-$'1.'.-$2)"62'($'"?C$2"-$2-$#';'&+#-"2.(&#'($#)*+,"(&,$#';'($'*2'
CJ+1")&'-,$?$2(.?$2-$':"$1'.'$#-.')1.#$'($'"2")".-"B.#';'1$)-&,$#')&?C*1#"B&#'($'1.'
1"-$,.-*,. ' )*.#"$#&-L,"). ' F*$ ' C,&(*)$2E ' $2 ' 1. ' F*$ ' $1 ' ?"#-$,"& ' ; ' 1&# ' )&?C&2$2-$#'
?H>")&#'($#$?C$%.2'*2'C.C$1'($#-.).(&<'D.')&2-"2*.'.C.,")"62'($'1"+,&#'#&+,$'$1'
-$?. ' ($ ' 1. '0-1H2-"(. ' _($#($ ' $#C$,CL2-")&# ' $#&-$,"#?&# ' 8.#-. ' C*$#-.# ' . ' C*2-&'
#&+,$'$1'?"-&'$2'#K_';')"$,-&'"2-$,L#'C&,',$"B"2(").,'1.'"($2-"(.('($'1.#')L1$+,$#'"#1.#'
#.>,.(.# ' )&2 ' 1*>.,$# ' )&?& ' 1.# ' a.2.,".# ' _+"$2 ' ?$#*,.(& ' ; ' I*3>.(& ' ($#($ ' 1.'
C$,#C$)-"B.':"1&16>").'C&,'1&#'$c)$1$2-$#'-,.+.I&#'($'S.,)&#'S.,-K2$3_'#&2'C,*$+.#'
"2$F*KB&).#'($'1.'B"-.1"(.('($'$#-$'B".I$E'"?.>"2.,"&';',$.1E'.'*2'",,$)*C$,.+1$'C.#.(&'
>,"$>&<

)($

31&'!"#$%&'%1=#10&/&

01'1.(&E'C$,&'2&'#"$?C,$'($':&,?.'C.)K:").';'(".1&>.2-$E'($'1.'("B*1>.)"62'$#-H'
-.?+"L2'1.'C*,.'"2B$2)"62'($1'$#)$2.,"&'>,"$>&'.2-">*&';'#*#'C,&-.>&2"#-.#'.'-,.BL#'
($'1.'2&B$1.';'($1')"2$E'$#C$)".1?$2-$'.'1&'1.,>&'($'1&#'(&#'J1-"?&#'#">1&#<'T.2-&'$2'
*2'H?+"-&')&?&'$2'$1'&-,&E'1.'(":$,$2)".'$2-,$'1&#'.,>*?$2-&#'>,"$>&#';',&?.2&#'$#'
)"$,-.?$2-$')&2#"($,.+1$<'A&?.'&:,$)K.'+.#-.2-$#'?H#'.1")"$2-$#'$2'$#-$'-$,,$2&'C&,'
#*'?.;&,'*2"(.('C&1K-").'=8.+K.'C&,'?$("&'*2.'A$CJ+1").';'*2'"?C$,"&',$C1$-&#'($'
C$,#&2.I$# '#&+,$#.1"$2-$# 'F*$ '#$ 'C,$#-.+.2 '.'1. '$#)$2":").)"62 '($ '#*# 'C.#"&2$#E'
.?+")"&2$#';'1&)*,.#@E'C&,'1.'(&#"#'#*C$,"&,'($'$#C$)-.)*1.,"(.('F*$'C,&C&,)"&2.+.'
=1. ' A&?. ' "?C$,".1 ' ; ' -&(& ' #* ' +&.-& ' )",)$2#$ ' )&2 ' 1.# ' 1*)8.# ' ($ ' >1.(".(&,$# ' C&,'
$I$?C1&E'&'1&#'>,.2($#'$IL,)"-&#'($#C1$>.(&#'$2').?C.%.#'-,"*2:.1$#'C&,'1.#'-"$,,.#'
+H,+.,.#'($'4*,&C.@E'C&,'*2.'?*)8&'?H#'.?C1".';')&2),$-.'(&)*?$2-.)"62'($'1.'
B"(.'"2-$,"&,'($'#*#'C,&-.>&2"#-.#'=2&'#$'&1B"($'F*$')&2-.?&#')&2'(".,"&#';').,-.#'
F*$',$:1$I.2'*2.'"2-"?"(.(';'*2&#'#$2-"?"$2-&#'C$,#&2.1$#')&?C1$-.?$2-$'.*#$2-$#'
$2'$1'1.(&'>,"$>&'_1.'?&2*?$2-.1'8"#-&,".'($'1.'B"(.'C,"B.(.'(",">"(.'C&,'$1'>,.2'
8"#-&,".(&, ' :,.2)L# ' N$&,>$# ' !*+; ' "2")". ' ($ ' 8$)8& ' #* ' .2(.(*,. ' )&2 ' $1 ' "?C$,"&'
,&?.2&E'($I.2(&'N,$)".'$2'1.'C$2*?+,.'.2-$,"&,_@';'$2'($:"2"-"B.'C&,'1.'C,$#$2)".'
($-$,?"2.2-$ ' ($1 ' ),"#-".2"#?& ' ($2-,& ' ($1 ' ?*2(& ' ,&?.2&E ' ).-.1"3.(&, ' ($ ' -.2-.#'
$cC$,"$2)".#'($)"#"B.#'$2'$#-$'H?+"-&'($'1.':"))"62';'($'1.#'?$2-.1"(.($#')&?&'1&#'
)L1$+,$#'<)2JG9.#&#@9'#Z"+%/<
N,$)".'C.,-K.E'C&,'-.2-&E'$2'1.').,,$,.'($'1.':"))"62')&2'*2.'2&-&,".'($#B$2-.I.<'
R61&'(&#'($'#*#'$#-.(&#E'0-$2.#';'4#C.,-.E'$,.2').C.)$#'($'.-,.$,'1.'.-$2)"62'C&,'
#*#'>$#-.#';'C$,#&2.I$#E';'#"$?C,$'($2-,&'($'*2.',$(*)"(.'$#).1.'#"'$c)$C-*.?&#'1.'
>*$,,.')&2-,.'1&#'C$,#.#E'F*$'$#'C,$)"#.?$2-$'$1'-$?.'8"#-6,")&'F*$'?H#'I*$>&'8.'
(.(&'-.2-&'$2'$1'-$,,$2&'($'1.'2&B$1.')&?&'($1')"2$')&2'1.'2&-.+1$'#.1B$(.('($'
01$I.2(,&'S.>2&E'2&B$1.(&'8.#-.'1.'#.)"$(.('C$,&'#61&'11$B.(&'*2.'B$3'8.#-.'$1'
?&?$2-&'.'1.'>,.2'C.2-.11.<'D.#',$(*)"(.#'("?$2#"&2$#'($1'?*2(&'>,"$>&'$2').#"'
-&(&#'1&#'.#C$)-&#'=C$F*$%&#'$#-.(&#E'C&+1.)"&2$#',$(*)"(.#E'>$#-.#'1&).1$#@'2&'
C$,?"-K.2'>,.2($#'($#C1"$>*$#'2"'*2.'$#)$2&>,.:K.'$c)$C)"&2.1<'M.1-.+.'-.?+"L2'$1'
"2>,$("$2-$ ' ,&?H2-")&E ' -.2 ' :*2(.?$2-.1 ' )&?& ' $I$ ' ($ ' 1. ' :"))"62 ' 2&B$1$#). ' &'
)"2$?.-&>,H:").E'(.(.'1.'.)-"-*('>,"$>.'8.)".'$1'.?&,E'C&)&'C,&C")".'.'1&#'>,.2($#'
"("1"&#E'F*$'($+K.2'.#K'#$,'"2B$2-.(&#'.1-$,.2(&'$1'#$2-"(&';'1.'(",$))"62'($'1.'8"#-&,".'
&,">"2.1'F*$'#$'C,$-$2(K.',$),$.,<'N,$)".E'.($?H#E'#$'8.+K.')&2B$,-"(&'$2'*2'"($.1E'
*2.'"?.>$2').#"'#.),&#.2-.'$2'1.'-,.(")"62'"2-$1$)-*.1';'.).(L?").'$*,&C$.E'F*$'
?*; ' C&)&# ' C&(K.2 ' .-,$B$,#$ ' . ' C"#&-$., ' +.I.2(& ' . ' C"$ ' ($ ' -"$,,. ' 1& ' F*$ ' $,.2'
C$,#&2.I$# ' ?&(L1")&# ' ; ' $#)$2.,"&# ' "2-.)8.+1$# ' F*$ ' 2& ' #$ ' 8.11.+.2 ' :H)"1?$2-$ ' .1'
.1).2)$ '($ '1&# '#"?C1$# '?&,-.1$#< 'R61& ' :"))"&2$# '($1 '-"C& '($ '1.' $?C,$2("(. 'C&, '$1'
.+.-$ ' \.,-8L1$?; ' )&2 ' #* '42"*"./%/E ' $2 ' 1.# ' F*$ ' $1 ' #*?& ' )*"(.(& ' C*$#-& ' $2 ' 1.'
,$),$.)"62 ' 8"#-6,"). ' ($ ' 1&# ' ?H# ' ?K2"?&# ' ($-.11$# ' ; ' 1. ' C*$#-. ' $2 ' $#)$2. ' ($ ' #*#'
>,.2($#'C$,#&2.I$#')&2'1.'(">2"(.('F*$'1$#'$,.'C,&C".',$#*1-.+.2'B".+1$#'($2-,&'($'
$#-.'C$,#C$)-"B.<
4c"#-K.2E'#"2'$?+.,>&E'.1>*2.#'&-,.#'.1-$,2.-"B.#E'C,&C&,)"&2.(.#'#&+,$'-&(&'
C&, ' 1. ' ?"-&1&>K. ' ; ' 1. ' .-,.))"62 ' $I$,)"(. ' C&, ' 1. ' +"&>,.:K. ' C$,("(. ' ($ ' 1&# ' >,.2($#'
C$,#&2.I$#'("#C*$#-.'.'#$,',$),$.(.'.8&,.'.'-,.BL#'($'1.'"?.>"2.)"62'($'1&#'.*-&,$#'
?&($,2&#<'g#$'8.'#"(&E'C&,'-.2-&E'$1').?"2&'?H#':,$)*$2-.(&'C&,'1&#'),$.(&,$#'($'

)(%

:"))"62E'F*$E'+"$2'#$'8.2'1"?"-.(&'.'($B&1B$,'1.'B"(.'.'1&#'.2-">*&#'8L,&$#')&2'#*#'
1*)8.#'"2-$,?"2.+1$#')&2'.+&?"2.+1$#'?&2#-,*&#';'-&(.')1.#$'($'#$,$#'C$,B$,#&#'$2'
+$2$:")"&'($'1.'8*?.2"(.('&'$2'+*#).'($'*2'&+I$-&'?.,.B"11&#&E'.C,&B$)8.2(&'1.'
$c-,$?.'(*)-"1"(.(';'$1')&1&,"(&'"?C$,$)$($,&'($'1&#',$1.-&#'?K-")&#E'+"$2'8.2'&C-.(&'
C&, ' *2. ' .B$2-*,. ' "2-$1$)-*.1 ' .1>& ' ?H# ' (":K)"1E ' )&?& ' 1. ' ($ ' "2)&,C&,., ' "($.#E'
#$2-"?"$2-&#';'$?&)"&2$#'$2'*2&#'C$,#&2.I$#'8"#-6,")&#'($'1&#'F*$'#61&')&2&)$?&#E'
$2'$1'?$I&,'($'1&#').#&#E'#*#'C$,:"1$#'?H#'$c-$,2&#'.'-,.BL#'($'-$#-"?&2"&#'.I$2&#E'.'
B$)$#'?*;'C&#-$,"&,$#E')&?&'$2'$1').#&'($'01$I.2(,&E'&'($'*2.'C,&(*))"62'1"-$,.,".'
F*$'C,$#$2-.'#$,"&#'C,&+1$?.#'($#($'$1'C*2-&'($'B"#-.'($'1.'.*-$2-")"(.('($'#*#'
$cC,$#"&2$# ' )&?& ' ,$:1$I& ' C,&+.(& ' ($ ' #* ' C$,#&2.1"(.(< ' D.# ' 2*?$,&#.# ' 2&B$1.# ' ;'
C$1K)*1.#'$c"#-$2-$#'#&+,$'-$?.#'?"-&16>")&#E')&2'$#C$)".1')&2)$2-,.)"62'#&+,$'1.#'
:">*,.#'($'h$,.)1$#';'f1"#$#'&'$1'-$?.'($'1.'>*$,,.'($'T,&;.'$2'>$2$,.1E'C&,'*2.'
C.,-$E ' ; ' 1. ' .+*2(.2)". ' ($ ' p+"&>,.:K.#q ' 2&B$1.(.# ' ($ ' C$,#&2.I$# ' )&?& ' R.:&E'
b$,")1$#E'01)"+K.($#'&'01$I.2(,&E'C&,'&-,.E'"1*#-,.2')&2')1.,"(.('$#-.#'(&#'-$2($2)".#<
D.'*-"1"3.)"62'($'1.'N,$)".'.2-">*.')&?&'?.-$,".1'($':"))"62'#$'"2")"6'$2'$1'#">1&'
di555E'.C&;.(.'#$>*,.?$2-$'$2'$1',$($#)*+,"?"$2-&')&2-$?C&,H2$&'($'B".I$,&#';'
.,-"#-.#E'$2'#*'$?$,>$2)".').(.'B$3'?H#')&2#"#-$2-$')&?&'"($.1';'?&($1&'$(*).-"B&'
;'$2'#*')&2#">*"$2-$'$'"2$B"-.+1$'$1$B.)"62'.'1&#'.1-.,$#'($'1.'?&(.E')*;&'$#F*"B&'
-,$2 ' ?*)8&# ' 2& ' F*"#"$,&2 ' ($#.C,&B$)8.,< '0' L1 ' #$ ' "2)&,C&,.,&2 ' .*-&,$# ' )&2 ' ?*;'
("B$,#&#'"2-$2-&#';'($#($'(":$,$2-$#'C$,#C$)-"B.#'$'"2-$2)"&2$#<'h*+&'F*"$2$#')&?&'
$1'.1$?H2'a8,"#-&C8'S.,-"2'o"$1.2(E'$1'2&B$1"#-.'?H#'"?C&,-.2-$'$2'1.'LC&).'.2-$,"&,'
.'N&$-8$E'.*-&,'($'4B"(;2E'C*+1").(.'$2'UY``';'-,.(*)"(.'.1'"2>1L#E'#$'#",B"$,&2'($1'
-$?.'>,"$>&E'C.,-")*1.,?$2-$'($1'#">1&'5i'.<a<';'($1'C$,K&(&'8$1$2K#-")&E')&?&'#"?C1$'
-$162 ' ($ ' :&2(& ' #&+,$ ' $1 ' F*$ ' ($#.,,&11., ' 1&# ' .#*2-&# ' ; ' C,&+1$?.# ' F*$ ' ?H# ' 1$'
C,$&)*C.+.2E'F*$'2&'C,&)$(K.2'($'#*'$#)$2.,"&'"($.1'#"2&'($'1.'LC&).'$2'1.'F*$'
B"BK.'$1'.*-&,<'41'-$?.')$2-,.1'($'#*'&+,.'$#'.#K'$1')&2:1")-&'$2-,$'1.'B",-*(';'$1'"?C*1#&'
.'("#:,*-.,'($'1&#'C1.)$,$#'($'1.'B"(.E'F*$'#$',$#*$1B$'?$(".2-$'*2'$F*"1"+,"&'+.#.(&'
$2'1.',.362';'$1'+*$2'>*#-&')&?&':*2(.?$2-&'($'*2.'B"(.':$1"3<'N,$)".'.C&,-.'.'1.'
&+,. ' #* ' 1$>.(& ' ($ ' #$,$2"(.( ' )&?& ' :"1&#&:K. ' B"-.1E ' ($ ' )&2B$,#.)"62 ' "2>$2"&#.E'
C1.)$,$#'#$2#*.1$#';'*2.')"$,-.'",&2K.')&2)"1".-&,".<'0'C$#.,'($'1.#'.C.,"$2)".#E'1.'
B"#"62'($'o"$1.2('($#$?C$%6'*2'C.C$1'#">2":").-"B&'$2'1.')&2:">*,.)"62'C&#-$,"&,'($'
N,$)".'($2-,&'($1'"?.>"2.,"&'.1$?H2<'4#.'?"#?.':*2)"62'($'$#)$2.,"&'"($.1'($':&2(&'
C.,.'?&#-,.,'&-,.#'C,$&)*C.)"&2$#'?H#'.)-*.1$#')*?C1"6'N,$)".'$2'1.'2&B$1.'($'
7&8.22 ' h$"2#$E '4.+%2B-)&&' # 3 # &"/ # %/&"/ # A)&%*)/' C*+1").(. ' $2 ' UYXYE ' $2 ' 1. ' F*$ ' #*'
C,&-.>&2"#-.E ' *2 ' .,-"#-. ' #&%.(&,E ' $2)*$2-,. ' *2. ' $#C$)"$ ' ($ ' C.,.K#& ' $2 ' *2. ' "#1.'
>,"$>.')*;.'#&)"$(.('.C.,$)K.',$>"(.'C&,'1&#'C.-,&2$#'($'1.'*-&CK.'C1.-62").<'01>&'
C.,$)"(&'#*)$($')&2'1.'&+,.'($'\$2j&["-3E'H&#5"B'#42B)&%'2#)2#^&%+)E'C*+1").(.'$2'
UYZXE'$2'1.'F*$'#$',$1.-.2'1.#'.B$2-*,.#'($'*2'I&B$2'"2>1L#'$2'N,$)".<'41'$#)$2.,"&'
>,"$>& ' $,. ' ?*;' C&C*1.,E ' #&+,$ ' -&(& ' #" ' ,$C,$#$2-.+. ' 1. ' B"#"62 ' ($ ' *2 ' ?*2(& '"($.1'
1$I.2& ' $ ' ",,$?$(".+1$?$2-$ ' C$,("(&E ' F*$ ' #61& ' C&(K. ' ,$)*C$,.,#$ ' . ' -,.BL# ' ($ ' 1.'
"?.>"2.)"62' .'1.' B"#-.'($'1.#' 1.?$2-.+1$#' )&2(")"&2$# '$2' 1.# 'F*$ '#$' 8.11.+.' C&,'
$2-&2)$# ' 1. ' N,$)". ' ,$.1< ' D. ' 2&B$1. ' ($ ' S"## ' R;(2$; ' e[$2#&2E 'C+" # +) # 4()2"/E'
.C.,$)"(.'$2'UXPZE')*;.'C,&-.>&2"#-.E'F*$',$C,$#$2-.'-&(&'*2'C.,.2>62'($'+$11$3.E'
B",-*(';'#.+"(*,K.')1H#").'$2'*2.'-"$,,.'$c-,.%.'(&2($'2&'#$'B.1&,.2'C,$)"#.?$2-$'
(")8.#')*.1"(.($#';'F*$'($+$'.+.2(&2.,':"2.1?$2-$'$1'#*$1&'>,"$>&'C.,.'-,.#1.(.,#$'
.'52>1.-$,,.E',$B$1.'1.#'1"?"-.)"&2$#'($'(")8&'$#)$2.,"&'"($.1E'.'C$#.,'($'1.'-$2.)"(.('
"?.>"2.-"B.'($'#*#'($B&-&#'C,.)-").2-$#<

)(&

42 ' $1 ' -$,,$2& ' ($ ' 1. ' ,$),$.)"62 ' 8"#-6,").E ' 1. ' ($2&?"2.(. ' 2&B$1. ' 8"#-6,").E'
N,$)".'2&'8.'.C&,-.(&'>,.2($#'$I$?C1&#<'f2'B"#-.3&'.'1.#'CH>"2.#'($1'$c)$1$2-$'
1"+,&'($'a.,1&#'N.,)K.'N*.1'#&+,$'1.#'2&B$1.#')$2-,.(.#'$2'1.'02-">l$(.('+.#-.'C.,.'
)&?C,&+.,1&<'D.#'>,.2($#'&+,.#'($'$#-$'>L2$,&E'-.2-&'$2'$1'd5d')&?&'$2'$1'ddE'#&2'
"2("#)*-"+1$?$2-$ ' ($ ' -$?. ' ,&?.2&E ' )&?& ' C&2$2 ' ($ ' ?.2":"$#-& ' -K-*1&# ' )&?& ' 1&#'
)"-.(&#'($'<)2JG9.Q#@9'#Z"+%/Q#!'/#V&(%5'/#+F"/#+)#O'56)3"Q#!'/#C+9/#+)#5".N'Q #
T'#,&"9+%'#&#&"/#S)5'.%"/#+)#4+.%"2'<'42'$1'#">1&'d5d'#61&'*2.#'b&).#'$c)$C)"&2$#'
,&?C$2 ' ?&?$2-H2$.?$2-$ ' $#-. ' "2)*$#-"&2.+1$ ' #*C,$?.)K.E ' )&?& 'O).%*&)/ # 3 #
4/6"/%"'($'o.1-$,'R.B.>$'D.2(&,E'($'UXQ`E'4/6"/%"'($1'.*#-,".)&'A&+$,-'h.?$,1"2>E'
($'UXYVE';'1.'"2.).+.(.'O"9/"2%"/#)&#)/6".("2''($'\*1[$,'D;--&2E'$1')&2&)"(&'.*-&,'
($ '!'/ # V&(%5'/ # +F"/ # +) # O'56)3"E ' ($ ' UXY`< ' a&?& ' #$%.1. ' N.,)K. ' N*.1 ' $2 ' $1'
?$2)"&2.(&'1"+,&E'p1&#',&?.2&#E'?H#'B*1>.,$#E'?H#')$,).2&#E'?H#'C"2-&,$#)&#E'#$'
C,$#-.2'.'*2.':.?"1".,"(.('F*$'2&'#$'(.')&2'1&#'>,"$>&#q<'g#-&#E'$2-,&2"3.(&#'C&,'1.'
"($.1"3.)"62 ' "1*#-,.(. ' ; ' ,&?H2-").E ' ($I.+.2 ' C&)& ' $#C.)"& ' . ' #* ' -,.2#:&,?.)"62 ' $2'
C$,#&2.I$#')&-"(".2&#'$'"2)1*#&')*.2(&'.C.,$)$2'"2("B"(*&#'($'.#)$2($2)".'>,"$>.'
$2'1.#'2&B$1.#'($'-$?.',&?.2&'.(&C-.2E'$2'C.1.+,.#'($'N.,)K.'N*.1E'*2'-&F*$'($'
("#-"2)"62';'*2'8.1&'C&L-")&'F*$'1&#'8.)$'(":$,$2-$#'($1',$#-&'($'1&#'C$,#&2.I$#'($'1.'
&+,.<
42'$1'#">1&'dd'2&').?+".'?*)8&'$1'C.2&,.?.')&2'C,&(*)-&#'."#1.(&#')&?&'
O).%*&)/#)&#"()2%)2/)'($'A$c'o.,2$,'($'UZ`QE'R"A'#+)#!)/$'/'($'b$-$,'N,$$2';'1.'
"2.>&-.+1$ ' #.>. ' ($ ' 1.# ' B"(.# ' ($ '01$I.2(,&E ' $2-,$ ' 1.# ' F*$ ' ).+$ ' ,$)&,(., ' 1.# ' ($1'
:,.2)L#'A&>$,'b$;,$:"--$E '!"#D)92)//)#+a4&):"2+.)E'$2')*.-,&'B&1J?$2$#E';'1.'($1'
.1$?H2 ' N"1+$,- ' h.$:#< ' R61& ' 1. ' ($#-.).(. ' :">*,. ' ($ ' S.,; ' A$2.*1- ' C.,$)$ ' 8.+$,'
"2-$2-.(&')&1?.,'$#-.'1.>*2.')&2'#*#'2&B$1.#'($'-$?.'C,$:$,$2-$?$2-$'8$1L2")&'$2'
1.#'F*$'8.'($?&#-,.(&'.($?H#'C&#$$,'*2'$c)$1$2-$')&2&)"?"$2-&'($'$#-$'?*2(&';'
*2.'$#C$)".1'#$2#"+"1"(.('8.)".'L1E'F*$'1.'(":$,$2)".2'($'?*)8&#',$)&C"1.(&,$#'($'
2&-")".#'.2-">*.#'.?.#.(.#'($#C*L#'$2'*2.'-,.?.'?H#'&'?$2&#'C,$)"#.';'B$,&#K?"1<'
R*')*"(.(&'$#-"1&';'1.'C,$)"#"62'($'1&#'(.-&#'8"#-6,")&#'F*$')&2:&,?.2'$1'.,>*?$2-&'
($'#*#'2&B$1.#'1$'8.2'B.1"(&'*2'$2&,?$'C,$#-">"&'"2-$,2.)"&2.1';'*2')&2#"($,.+1$'
Lc"-&'($'CJ+1")&<'R*'&+,.'.+.,).'($#($'1&#'-"$?C&#'?K-")&#E'.'-,.BL#'($'1.':">*,.'($'
T$#$&E';'1.#'LC&).#'.,).").E'?$(".2-$'1.',$),$.)"62'($'1.'B"(.'($1'C&$-.'R"?62"($#E'
;')1H#").E')&2'#*#',$)&2#-,*))"&2$#'"?.>"2.,".#'($1'.?+"$2-$'($'1.'0-$2.#'($1'#">1&'i'
.<aE'8.#-.'11$>.,'.'1.':">*,.'($1'>,.2'01$I.2(,&E'($'F*"$2'8.')&?C*$#-&'*2.'-,"1&>K.'
2&B$1$#). ' ; ' *2. ' +"&>,.:K. ' )&2 ' C,$-$2#"&2$# ' ($ ' ,">&, ' $2 ' 1. ' F*$ ' #$ ' .-"$2$'
$#),*C*1&#.?$2-$'.'1.#':*$2-$#'("#C&2"+1$#<'0*2F*$'#$'.-"$2$'$#-,")-.?$2-$'.'1.#'
:*$2-$#';'($?*$#-,.')&2#-.2-$?$2-$'#*'+*$2')&2&)"?"$2-&'($1'?*2(&')1H#")&E'#$'
C$,?"-$E'#"2'$?+.,>&E'1.'1")$2)".'($'.8&2(.,E')&2'?.;&,'8&2(*,.'($'?",.#';').1.(&E'
$2' 1. '"?.>$2'"($.1"3.(.' ($ '1.')*1-*,.'>,"$>.E 'F*$'#">*$ ')&2#$,B.2(& '$2' #* '&+,.'
-&(&# ' 1&# ' &,&C$1$# ' ($1 ' C,$#-">"& ' >.2.(& ' . ' 1& ' 1.,>& ' ($ ' -&(. ' 1. ' -,.(")"62< ' 42 ' 1.'
.)-*.1"(.('&)*C.'-.?+"L2'*2'1*>.,'($'C,$:$,$2)".'$2-,$'1&#'2&B$1"#-.#'F*$'#$'&)*C.2'
($'-$?.#'>,"$>&#'$1')1.#")"#-.'"-.1".2&'i.1$,"&'S.2:,$("'F*$'C.,$)$'8.+$,')&1>.(&'
p1&#'8H+"-&#'.).(L?")&#q'.':.B&,'($'*2'&:")"&'?*)8&'?H#'.>,.($)"(&';',$2-.+1$'
($#C*L#'($'Lc"-&#'-.2',$#&2.2-$#')&?&'#*'-,"1&>K.'#&+,$ '4&)D"2+.'E',$$("-.(.'$2'
(":$,$2-$#':&,?.-&#E'&'-K-*1&#'?H#',$)"$2-$#')&?&'@9%5)."<'D.'>.,.2-K.'($'#*'#.+$,'
2& ' 1$ ' 8. ' "?C$("(& ' -.?C&)& ' (., ' ,"$2(. ' #*$1-. ' . ' #* ' "?.>"2.)"62 ' C.,. ' p?$I&,., ' ;'
)&?C1$-.,q'.F*$11.#'C.,-$#'($1',$1.-&'F*$'1.'"2$:").)".'=C,&+1$?.#'($'-,.#?"#"62@'&'
"2)&?C$-$2)".'=:.1-.'($'-$#-"?&2"&#@'($'1&#'.2-">*&#'($I6'$2'#*#C$2#&E'C,&B&).2(&'
)&2'$11&'1.'"2F*"$-*(';'$1'($#.#&#"$>&'($'1&#'?&($,2&#'1$)-&,$#E'.)&#-*?+,.(&#'.'

)('

$2)&2-,., ' ,$#C*$#-.# ' ?H# ' )&2-*2($2-$# ' . ' $#-&# ' "2-$,,&>.2-$# ' F*$ ' 1.# ' (*(.# ' $'
"2)$,-"(*?+,$#'8.+"-*.1$#'$2'1&#'$#-*("&#&#'($1',.?&<'S*;',$)"$2-$?$2-$'.).+.'($'
.C.,$)$,'*2.'2*$B.'2&B$1.E'&+,.'($'S")8$1'a*,-"#'M&,(E'$2'$1'OPPOE'#&+,$'1.'&("#$.'
($'1&#'("$3'?"1'?$,)$2.,"&#'>,"$>&#'$2-,$'1&#'F*$':">*,.+.'$1'8"#-&,".(&,'7$2&:&2-$E'
.*-&,'($1')&,,$#C&2("$2-$',$1.-&'-"-*1.(&'$1'42?$"/%/E',$)*C$,.2(&'F*"3H'*2&'($'1&#'
?*)8&#E ' .*2F*$ ' -&(.BK. ' 2&-&,".?$2-$ ' ($#.C,&B$)8.(&# ' . ' :.B&, ' ($ ' "2")".-"B.#'
?*)8& ' ?$2&# ' C,&?$-$(&,.#E ' ).?C&# ' C,&C")"&# ' . ' 1. ' :"))"62 ' F*$ ' &:,$)$ ' $2 ' $#-$'
-$,,$2&E'$1'($'1.'.B$2-*,.'$2'-"$,,.#'($#)&2&)"(.#E'1.'8"#-&,".'($1'?*2(&'>,"$>&<'41'
C.2&,.?.'$2'$1')"2$'$#'?*;'C.,$)"(&'.1'($'1.'2&B$1.E'#&+,$'-&(&'#"'-$2$?&#'$2'
)*$2-.'F*$'#&2'1.#'>,.2($#'2&B$1.#'8"#-6,").#'($1'd5d'1.#'F*$'8.2'C,&C&,)"&2.(&'1&#'
?$I&,$#'.,>*?$2-&#'($'1.#'C$1K)*1.#'#&+,$'$1'?*2(&')1H#")&'$2'$1')"2$'?&($,2&<'!$'
1.'8"#-&,".'>,"$>.'($#-.).2'1.#'C$1K)*1.#'($(").(.#'.1'-$?.'($'1.#'>*$,,.#'C$,#.#E'
(&#'$2'C.,-")*1.,E '!"#$"("&&"#+)#S"."(;2' ($'7.)F*$#'T&*,2$*,'$2'UZVZ'; '!'/#fgg#
)/6".("2'/' =)&2&)"(.')&?&'$1'1$62'($'4#C.,-.@'($'A*(&1C8'S.-L'$2'UZ`OE';'.'1.'
:">*,.'($'01$I.2(,&E'4&)D"2+.'#)&#P."2+)'($'A&+$,-'A&##$2'$2'UZVV<'a*,"&#.?$2-$'
1&# ' 2*$B&# ' C,&;$)-&# ' F*$ ' #$ ' .2*2)".2 ' $2 ' $#-$ ' -$,,$2& ' .C*2-.2 ' $2 ' 1. ' ?"#?.'
(",$))"62E';.'F*$'#$'C,$C.,.2'$2'1.':.)-&,K.'($'h&11;[&&('_(")$2'F*$'.2"?.(&#'C&,'
$1'Lc"-&'.,,&11.(&,'($ 'P&"+%"('._'*2.'C$1K)*1.'#&+,$'01$I.2(,&E'($'1.'?.2&'($'!"2&'
($'D.*,$2-"#';')&2'*2'C&C*1.,K#"?&'D$&2.,(&'("'a.C,"&'$2).,2.2(&'.1')&2F*"#-.(&,'
?.)$(&2"&E';'&-,.'#&+,$'1.'+.-.11.'($'1.#'T$,?&C"1.#E'(",">"(.'C&,'S")8.$1'S.22'+.I&'
$1'-K-*1&'($ 'P"()/#'A#U%.)' =C*$,-.#'($':*$>&@'F*$'C,$-$2($'F*"3H',$)*C$,.,'$1'-&2&'
8$,&")&'($'$#-$'.)&2-$)"?"$2-&E';.'-,.-.(&'.2-$#')&2')"$,-&'Lc"-&'$2'$1')$1*1&"($E'$2'
-"$?C&#'($'C$2*,".'),$.-"B.';'($).($2)".'($'B.1&,$#')&?&'1&#'C,$#$2-$#<'41',$#-&E'1.'
8"#-&,".'($'1.'.?"#-.('$2-,$'!.?62';'b"-".#'$2'1.'R",.)*#.'($1'-",.2&'!"&2"#"&'5';'$1'
,'&'/'#+)#I'+"/E'*2'-KC")&'C,&(*)-&'($'1.'#$,"$'($2&?"2.(. '6)6&95E')&2#-"-*;$2'
C,H)-").?$2-$'-&(&'$1'.,#$2.1'($'1.'8"#-&,".'>,"$>.'8.#-.'.8&,.'-,.#1.(.(&'.'1.'>,.2'
C.2-.11.<'D&#'"2)*$#-"&2.+1$#'?L,"-&#'($'1.#'-,$#'C,"?$,.#E';'$2'C.,-")*1.,'($'1.'($'
4&)D"2+.''($'A&##$2E'F*$'$2'&C"2"62'($'7&2'R&1&?&2'$#'C,&+.+1$?$2-$'*2.'($'1.#'
C$1K)*1.#'#&+,$'$1'?*2(&'.2-">*&'F*$'#$'.-"$2$'?H#':"$1?$2-$'.'1.',$.1"(.('8"#-6,").'
;'*2&'($'1&#'"2-$2-&#'?H#'"2-$1">$2-$#'($',$:1$I.,'1.'02-">l$(.('$2'$1')"2$E'2&'&)*1-.2E'
#"2'$?+.,>&E'#*#'1"?"-.)"&2$#<
42').#"'-&(.#'$11.#'#$'.C,$)".'*2')1.,&'C,$(&?"2"&'($'1&#'-6C")&#'-,.(")"&2.1$#'
F*$'8.2').,.)-$,"3.(&'1.'B"#"62'($'1.'8"#-&,".'($'N,$)".')&?&'1.'1*)8.'C&,'1.'1"+$,-.('
)&?&'"($.1')&2(*)-&,'($'#*#'8L,&$#'&'$1').,H)-$,'2&+1$';'$1$B.(&'($'#*#'C,"2)"C.1$#'
C,&-.>&2"#-.#< ' D&# ' C$,#&2.I$# ' .C.,$)$2 ' -,.(*)"(&# ' . ' ?$2*(& ' . ' -,.BL# ' ($ ' *2.'
8"C$,).,.)-$,"3.)"62'?.2"F*$.'($'+*$2&#';'?.1&#E'-,.(")"&2.1'$2'$1')"2$';'?*)8&'
?H#')*$#-"&2.+1$';'(*(&#.'$2'1.'8"#-&,".E'F*$')&2-,.#-.'1.'"?C$).+1$'2&+1$3.'($'1&#'
C,&-.>&2"#-.#E ' )&?& ' $1 ' $#C.,-.2& ' D$62"(.#E ' C&, ' $I$?C1&E ' & ' 1&# ' .?">&# ' #")"1".2&#'
.2-$#'?$2)"&2.(&#E')&2'1.'C$,B$,#"(.('.+#&1*-.'($'1&#'?.1B.(&#'($'-*,2&E')&?&'$1'
,$; ' C$,#. ' 7$,I$#E ' ($#),"-& ' )&2 ' -&(&# ' 1&# ' .-,"+*-&# ' ($1 ' (L#C&-. ' &,"$2-.1 ' ),*$1 ' ;'
($#C".(.(&E ' & ' $1 ' -",.2& ' !"&2"#"&< ' f2 ' )*.(,& ' -.2 ' $c)$#"B.?$2-$ ' $#F*$?H-")& ' ;'
#"?C1"#-.'F*$'&+1">.'.'1&#'>*"&2"#-.#'.'C.#.,'C&,'.1-&'($-.11$#'-.2'#">2":").-"B&#')&?&'
$1'8$)8&'($'F*$'$1'#*#&(")8&'!"&2"#"&'($'R",.)*#.':*$'$1'?"#?&'F*$'"2B"-6'.'b1.-62'.'
#*')&,-$'#")"1".2.E'*2.')",)*2#-.2)".'F*$'C&(,K.'.1-$,.,'($'.1>J2'?&(&'$1')&?C.)-&'
,$-,.-&'#"2'?.-")$#')&,,$)-&,$#'($'2"2>*2.')1.#$'F*$'($2'$1'$#-$,$&-"C&'($1'?.1B.(&<'
4#-.'B"#"62'$#-$,$&-"C.(.'($1'?*2(&'.2-">*&'#$',$:1$I. '-.?+"L2'$2'1&#'("H1&>&#';'
C.,1.?$2-&# ' ($ ' 1&# ' C$,#&2.I$#E ' F*$ ' ,$#*1-.2 ' )&2 ' :,$)*$2)". ' $c)$#"B.?$2-$'
$2>&1.(&#';'C,$#*2-*&#&#')&2'*2.'C,$("1$))"62'F*"3H'.+*#"B.'($1'1$2>*.I$'($'-"C&'

)((

&,.)*1.,'&'>26?")&'F*$'.C.,$)$',$:1$I.(&'$2'1&#'.:&,"#?&#<'D.'#$2#.)"62'($':.1-.'($'
.*-$2-")"(.( 'F*$ '-,.#?"-$2E ' .*2F*$ ' #$. ' #61& ' C.,. ' 1&#' ?H#' $2-$,.(&#E ' #$ ' .C,$)".'
-.?+"L2 ' $2 ' 1. ' .+#*,(. ' "2)&2>,*$2)". ' )&2 ' F*$ ' #$ ' ?$3)1.2 ' ($)&,.(&# ' F*$ ' $#-H2'
)&?C1$-.?$2-$ ':*$,.'($'#*'-"$?C& ';':*2)"62E ')&?& '#" '1. '02-">l$(.( '$2 ')&2I*2-&'
:*$,. ' *2 ' 1&-$ ' "2("#-"2-& ' ; ' 8&?&>L2$& ' ($1 ' F*$ ' C*("$,.2 ' $c-,.$,#$ ' #"2 ' ?H#'
)&2-$?C1.)"&2$#'1&#'$1$?$2-&#'($)&,.-"B&#'2$)$#.,"&#'#"2'C.,.,'?"$2-$#'#"'$2).I.2'
)&2'$1'-"$?C&'$1$>"(&'&')&2'1.':*2)"62'F*$'($#$?C$%.,&2'$2'#*'?&?$2-&<'0C.,$)$2'
.#K'-$?C1&#'&'C.1.)"&#'($'*2.'.,F*"-$)-*,.'#&#C$)8&#.')&2'6,($2$#'(6,")&#'(&2($'
2*2).'1&#'8*+&E')&?&'$2'T,&;.E'C"2-*,.#'C,&C".#'($'1.')$,H?").'.(&,2.2(&'?*,.1$#'
&'1.#',*"2.#'($'*2'-$?C1&'.,).")&')&?&'-$162'($':&2(&'.'$#)$2.,"&#'"2-$?C&,.1$#'($1'
?"-&<'f2.'N,$)".E'$2'#*?.E'.,-":")".1'$2'1.'F*$'#&+,$'*2':&2(&'($').,-62'C"$(,.E'F*$'
,$)*$,(.'?*)8&'?H#'.'1.'A&?.'"?C$,".1'F*$'.')*.1F*"$,'$#)$2.,"&'>,"$>&',$.1E'#$'
($#C1"$>.'$1'("#)*,#&'#&1$?2$';'1.#'?.2$,.#'>,.2("1&)*$2-$#'($'*2&#'C$,#&2.I$#'
$#-$,$&-"C.(&#'F*$'#&2'$1',$#*1-.(&'($'1&#'?&($1&#'8$,&")&#';'$I$?C1.,$#E'$c-,.K(&#'
$2'C.,-$'($'b1*-.,)&'.*2F*$')&2'2&-&,".#'1")$2)".#';'*2.'($#?$("(.'.:")"62'.'1&#'
-6C")&# ' "2B$-$,.(&#E ' ?H# ' F*$ ' ($ ' *2 ' "2-$2-& ' #$,"& ' ; ' ,">*,&#& ' C&, ' ,$)&2#-,*", ' *2.'
($-$,?"2.(.',$.1"(.('8"#-6,").<

<)'#2?"4F*'/#')&'2%0*)*,H&

f2&'($'1&#'$1$?$2-&#')1.B$'($'1.'.-,.))"62'F*$'1.'N,$)".'.2-">*.'8.'B$2"(&'
$I$,)"$2(& ' . ' -,.BL# ' ($ ' 1&# ' #">1&# ' $#E ' #"2 ' (*(. ' .1>*2.E ' #* ' ,"). ' ; ' #&,C,$2($2-$'
?"-&1&>K.<' b,&+.+1$?$2-$ '$# 'I*2-& ')&2'1.' -,.>$(".E' F*$' 2& '$#' #"2&' *2.' C.,-")*1.,'
"2-$,C,$-.)"62'($'1&#'C,&C"&#'?"-&#E'$1'.#C$)-&'($'1.')*1-*,.'>,"$>.'F*$'8.'C$,(*,.(&'
)&2 ' ?.;&, ' :*$,3. ' ; ' B"B.)"(.( ' . ' 1& ' 1.,>& ' ($ ' 1. ' 8"#-&,". ' ; ' ,$#"#-$ ' ?$I&, ' $1 ' C.#&'
"2)1$?$2-$ ' ; ' 1.)$,.2-$ ' ($1 ' -"$?C& ' #"2 ' F*$ ' #$ ' 2&-$2 ' $2 ' $c)$#& ' #*# ' 8*$11.#'
($?&1$(&,.#<'D&#'?"-&#'>,"$>&#'8.2'#"(&')&2-.(&#E',$$1.+&,.(&#E',$"2-$,C,$-.(&#';'
)&2B$,-"(&#'$2'#K?+&1&#';'$?+1$?.#'"2)&2:*2("+1$#'$2'"2:"2"(.('($'&).#"&2$#E').#"'
($#($ ' #* ' ?"#?. ' .C.,")"62 ' $2 ' $#)$2.E ' )*.2(& ' 1&# ' $2)&2-,.?&# ' ;. ' ($ ' C1$2&'
"2)&,C&,.(&#'($2-,&'($'1&#'C&$?.#'8&?L,")&#E'$2'1&'F*$'2&'($I.'($'#$,'*2.'$-.C.'
?H#E ' F*"3H ' "2")".1E ' ($ ' $#-$ ' C,&1&2>.(& ' C,&)$#&< ' R*# ' -$?.# ' ; ' C$,#&2.I$# ' 8.2'
"2#C",.(&'.'C&$-.#E'2&B$1"#-.#E'(,.?.-*,>&#';'.,-"#-.#'($'-&(.#')1.#$#')&2#-,*;$2(&'
*2.'1.,>.';'($2#.'-,.(")"62E'F*$'.,,.2).';.')&2'1&#'C,&C"&#'>,"$>&#';'.,,"+.'8.#-.'
2*$#-,.'C,&C".'LC&).E')*.2(&'2&#'$2-$,.?&#'($'F*$'7<'v<'A&[1"2>E'1.'.*-&,.'($'*2'
Lc"-&'$("-&,".1'-.2',$#&2.2-$')&?&'G"..3#O'(().E'-,.#1.(.(&'-.?+"L2'.1')"2$E'#$'"2#C",6'
$2 ' #*# ' )&?"$23&# ' $2 ' 1. ' ?"-&1&>K. ' >,"$>.< ' 41 ' $2).2-& ' ($ ' 1.# ' B"$I.# ' ; ' ,$C$-"(.#'
8"#-&,".# ' #&+,$ ' 1&# ' ("&#$# ' ; ' 1&# ' 8L,&$# ' >,"$>&# ' #$ ' ?.2-"$2$ ' "2-.)-& ' -&(.BK. ' $2'
2*$#-,&#'(K.#E'+"$2'($':&,?.'(",$)-.E')&2'$1',$1.-&'#$2)"11&'($'#*#'.2(.23.#'#"2'?H#'
C,$-$2#"&2$#'$,*("-.#'&':"1&16>").#E'&').?*:1.(.#';'-,.2#:&,?.(.#'$2'C,&(*)-&#'($'
2*$B&')*%&E'?.#'.(.C-.(&#'.'1&#',$F*$,"?"$2-&#'-$,,&,K:")&#'($1'?$,).(&';'($'1.'
.*("$2)".<
D&# ' 1"+,&# ' #&+,$ ' ?"-&1&>K. ' #"$?C,$ ' 8.2 ' >&3.(& ' ($ ' +*$2. ' .)&>"(. '$2-,$ ' $1'
CJ+1")&<'0($?H#'($'1.#'"2-,&(*))"&2$#'$2'1.'?.-$,".')&2'.:H2'("B*1>.-"B&'C$,&')&2'1.'
#$,"$(.(';'$1',">&,'C$,-"2$2-$#'F*$'#$'C*+1").2'$2'-&(.#'1.#'1$2>*.#E')&?&'1&#'($'

!**

N.,)K.'N*.1';'R*3.22$'R."(E'C&,')"-.,'#61&'1&#'?H#',$)"$2-$#'($'F*$'("#C&2$2'1&#'
1$)-&,$# ' $2 ' ).#-$11.2&E ' .+*2(.2 ' -.?+"L2 ' 1&# ' ,$C$,-&,"&# ' ($ ' 1&# ' C,"2)"C.1$# ' ?"-&#'
)&2-.(&#'($':&,?.'#$2)"11.'$2'*2'#"2:K2'($')&1$))"&2$#E'($'1&#'F*$'#$,K.'1.,>&';'
C,&1"I& ' )"-., ' #"F*"$,. ' .1>*2&# ' $I$?C1&#E ' & ' 1"+,&# ' ($ ' >,.2 ' :&,?.-&E ' . ' ?&(& ' ($'
$2)")1&C$(".#';'.)&?C.%.(&#'C&,'2*?$,&#.#'"?H>$2$#'($'1.',$C,$#$2-.)"62'($'1&#'
?"-&#'$2'$1'.,-$'.2-">*&';'$2'1.'C"2-*,.';'$#)*1-*,.'?&($,2.#E'C,&C&,)"&2.2(&'($'
$#-$ ' ?&(&E ' .*2F*$ ' 1. ' ?.;&, ' C.,-$ ' ($ ' 1.# ' B$)$# ' #61& ' #$ ' *-"1"3.2 ' . ' ?&(& ' ($'
"1*#-,.)"62E'2&'#61&'$1',$1.-&'($1'?"-&'$2')*$#-"62E'#"2&'1&#'$)&#'C&#-$,"&,$#'($'#*'
,$"2-$,C,$-.)"62';'1.')&2-"2*"(.('$2'$1'-"$?C&'($'($-$,?"2.(&#'#K?+&1&#E'($#($'1&#'
C"2-&,$#',$2.)$2-"#-.#'8.#-.'b").##&';'$1'.,-$'?H#'B.2>*.,("#-.'($'J1-"?.'8&,.<'D.#'
&+,.#'($#-"2.(.#'.',$)&2-.,'.'#*'?.2$,.'1.#'.2-">*.#'8"#-&,".#'($'#"$?C,$E')&2'?H#'
&'?$2&#'.C&;&'($'1.#':*$2-$#')1H#").#',$#C$)-"B.#E'8.2'#"(&'*2.')&2#-.2-$'($#($'
1.# ',".("/#"#H5%&%"' #&+,$'1.'?"-&1&>K.'($'!$?&*#-"$,E'C*+1").(.#'$2'UYX`E'F*$'2&'
$,.2'&-,.')&#.'F*$'*2.'#$,"$'($'("#$,-.)"&2$#';'C&$?.#'#$2-"?$2-.1$#'#&+,$'1.#'
8.3.%.# '($'1&#'8L,&$#';'F*$')&2#">*"6 '*2.'>,.2 'C&C*1.,"(.( '. ':"2.1$# '($1'#">1&<'
D"+,&#')&?&'1&#'($1'C&$-.';'2&B$1"#-.'+,"-H2")&'A&+$,-'N,.B$#'=!'/#5%('/#B.%)B'/E'
.C.,$)"(&'C&,'C,"?$,.'B$3'$2'UZVV';'.?C1".?$2-$',$$("-.(& 'C&#-$,"&,?$2-$@E'($1'
$#),"-&,'"-.1".2&'A&+$,-&'a.1.##&'=!"/#$'+"/#+)#,"+5'#3#G".5'2F"E'UZXZ@';E'?H#'
,$)"$2-$?$2-$'($1'$#-*("&#&':,.2)L#'7$.2'b"$,,$'i$,2.2-'=H&#92%M)./'Q#&'/#+%'/)/Q#&'/ #
-'5$.)/Y#)&#.)&"('#+)#&'/#5%('/#B.%)B'/E'OPPP@'8.2'#$>*"(&E').(.'*2&'.'#*'C$)*1".,'
?.2$,.E'1&#'C.#&#'$2'$#-.'(",$))"62<'D&#'-,$#'2&#'C,$#$2-.2'.1>&'?H#'F*$'*2'?$,&'
,$1.-&'.)-*.1"3.(&'($'*2.'#$1$))"62'($'B"$I.#'8"#-&,".#'C.,.'C,&:*2("3.,'.'#*'?.2$,.'
$2'*2.',$:1$c"62'#&+,$'$1'$2">?H-")&'#$2-"(&'($'-&(&'$#-$'?*2(&E'.C.,$2-$?$2-$'
:,"B&1& ' ; ' C"2-&,$#)& ' ; ' $2 ' $1 ' F*$ ' $1 ' $,&-"#?& ' ($#$?C$%. ' *2 ' C.C$1 ' ).C"-.1< ' R"2'
$?+.,>&E'2&'#$'&1B"(.'-.?C&)&'$2'2"2>J2'?&?$2-&'$1'?$,&'C1.)$,'($':.+*1.,E'($'
)&2-.,'($'2*$B&'*2.'8"#-&,".'"2&1B"(.+1$'F*$';.'C&#$$'C&,'#K'#&1.E'#"2'2$)$#"(.('($'
F*$ ' 1$ ' .%.(.?&# ' ?H# ' "2-$,C,$-.)"&2$# ' C,&C".# ' & ' .I$2.#E ' 2*$B.# ' & ' B$-*#-.#E ' $1'
$2).2-&'#*:")"$2-$'C.,.'.-,.$,'2*$#-,.'.-$2)"62<
D&#'-$?.#'?K-")&#'8.2'&)*C.(&'*2'$#C.)"&'"?C&,-.2-$'($2-,&'($'1.':"))"62'
#&+,$ ' 1. ' N,$)". ' .2-">*.E ' -.2-& ' $2 ' 1. ' 2&B$1. ' )&?& ' $2 ' $1 ' )"2$< ' 0)&2-$)"?"$2-&#'
($)"#"B&#')&?&'1.'>*$,,.'($'T,&;.'&'.B$2-*,.#'$#C$)-.)*1.,$#')&?&'$1'B".I$'($'1&#'
0,>&2.*-.#E'$1',$>,$#&'($'f1"#$#E'1&#'-,.+.I&#'($'h$,.)1$#E'1.#'8.3.%.#'($'b$,#$&';'
T$#$&E ' & ' -&(& ' $1 ' )")1& ' -,H>")&E ' 8.2 ' )&2)$2-,.(& ' ($ ' :&,?. ' C,$:$,$2-$ ' ).#" ' -&(. ' 1.'
.-$2)"62<'D.#'&+,.#'($'.*-&,$#';.'?$2)"&2.(&#')&?&'A&+$,-'N,.B$#'=H&#M)&&'*%2' #
+) # '.'@ ' ; ' S.,; ' A$2.*1- ' =0)/)'@ ' & ' ($ ' 1. ' .1$?.2. ' a8,"#-. ' o&1: ' #&+,$ ',"/"2+."E'
.)-*.1"3.2'$1',$1.-&'($1'?"-&'&'1&',$"2-$,C,$-.2'($#($'*2.'C$,#C$)-"B.'.)-*.1E')&?&'
o&1:E'F*$')*$#-"&2.'1&#'B.1&,$#'#&)".1$#'($#($'1.')&2(")"62':$?$2"2.<'D&#'?"#?&#'
-$?.#E ' )&2 ' 1. ' .(")"62 ' ($ ' e,:$& ' ; ' *2 ' C.,-")*1., ' "2-$,L# ' $2 ' 1. ' :">*,. ' ($ ' h$1$2.E'
.).C.,.2 ' -.?+"L2 ' 1.# ' &+,.# ' )"2$?.-&>,H:").# ' .1 ' ,$#C$)-&E ' ($#($ ' 1. 'K+%/)" # +) #
G'5).''($'UZUU'8.#-.'1.',$)"$2-$'#$,"$'($'-$1$B"#"62'#&+,$'b"/;2#3#&'/#4.B'2"9("/#
$2 ' $1 ' OPPP ' =#$ ' .2*2)". ' -.?+"L2 ' $2-,$ ' 1&# ' 2*$B&# ' C,&;$)-&# ' ($ ' h&11;[&&( ' *2.'
,$),$.)"62'?H#'($'1.'>*$,,.'($'T,&;.@<'42'?*)8&#'($'$11&#'#$'&+#$,B.2'1.#'?"#?.#'
1"?"-.)"&2$# ' #$%.1.(.# ';. 'C.,. '1&# ' -$?.# '8"#-6,")&# ')&2 '$1 ' .%.("(& '($ '*2 '?.;&,'
("#-.2)".?"$2-&'($1',$1.-&'&,">"2.1E')*.2(&'L#-$'$c"#-$'($'.1>*2.'?.2$,.E'*2.'?.;&,'
"2)&2>,*$2)".'$2'1.'$1$))"62'($1'B$#-*.,"&';'1&#'($)&,.(&#';'*2&#'$:$)-&#'$#C$)".1$#'
C.,.',$C,$#$2-.,'1.'.C.,")"62'($'#$,$#'$c-,.&,("2.,"&#';'#&+,$2.-*,.1$#E'"2$B"-.+1$#'
$2'#*'"2-$2-&'C&,'),$.,'$2'$1'$#C$)-.(&,'1.'#$2#.)"62'($'$2)&2-,.,#$'$2'*2'*2"B$,#&'
?H>")&')&?C1$-.?$2-$'(":$,$2-$'($1'($'1.',$.1"(.(')&-"(".2.E'F*$'B.2'($#($'1.'?H#'

!*)

$#C$,CL2-"). 'C.2-&?"?.'8.#-.'1&#'"2>$2"&#'?H#'#&:"#-").(&#':,*-&'($'1.'8.+"1"(.('
C$,#&2.1'=1&#'-,*)&#'6C-")&#'($'A.;'h.,,;8.*#$2'$2 'b"/;2#3#&'/#4.B'2"9("/' &'$2'
U9.%"#+)#0%("2)/@'&'($'1.#'2*$B.#'-$)2&1&>K.#'=$1'G).*9&)/'($'1.'!"#2$;'$2'UZZY@<
]& ' ).+$ ' (*(. ' ($ ' F*$ ' #" ' $1 ' )"2$ ' 8. ' ($?&#-,.(& ' 8.#-. ' 1. ' :$)8. ' *2. ' )"$,-.'
"2).C.)"(.('.'1.'8&,.'($'"2)&,C&,.,'.'1.'C.2-.11.'($'*2.':&,?.'(">2.';'),$K+1$'.'1&#'
>,.2($# 'C$,#&2.I$# '($ ' 1. 'LC&). ' )1H#"). ')&?& 'b$,")1$#E '01)"+K.($# ' & 'R6),.-$# ' _
$c)$C)"62'8$)8.'($1':.?&#&'(&)*?$2-.1'($'A&+$,-&'A&#$11"2"'F*$'2&'C.#6'($'$#.'
).-$>&,K._E ' $2 ' $1 ' -$,,$2& ' ($ ' 1. ' ?"-&1&>". ' $#-.# ' (":")*1-.($# ' #$ ' B$2 ' -&(.BK. ' ?H#'
.)$2-*.(.#'C&,'1.'C,&C".'2.-*,.1$3.'($1'?.-$,".1E'8*"("3&';'($#)&2)$,-.2-$E'.C-&'.1'
?"#?&'-"$?C&'C.,.'1.'C,&:*#"62'($'1.':.2-.#K.';'1.'+.2.1"3.)"62'?H#'"2#KC"(.<'h.#-.'
$1'?&?$2-&E'1.#'C$1K)*1.#'.)$,).'($1'?"-&'>,"$>&'F*$'?.;&,'8&2(*,.'($'?",.#'8.2'
($?&#-,.(&'#&2'C,$)"#.?$2-$'.F*$11.#'F*$'8.2'$c8"+"(&'?$2&#'$#C$)-.)*1.,"(.('
$2'#*'C*$#-.'$2'$#)$2.E'&C-.2(&'$2').?+"&'C&,'*2.'.)-*.1"3.)"62'F*$'($#?&2-.'
2$)$#.,".?$2-$ ' -&(. ' #* ' $2B&1-*,. ' ?K-").E ' )&?& ' 8. ' #*)$("(& ' )&2 ' 1&# ' :"1?$#'
($(").(&#'.'1.':">*,.'($'e,:$&'C&,'1&#':,.2)$#$#'7$.2'a&)-$.*';'01+$,-'a.?*#<'b&,'
$1')&2-,.,"&E'1.#',$.1"3.)"&2$#'?H#'+,"11.2-$#'$2'$#-$').?C&E'7"/;2#3#&'/#4.B'2"9("/#
;'!9*-"#+)#(%("2)/E'F*$')&2#$,B.2'1.'?.>".'($1'$#)$2.,"&';'C&-$2)".2'1.'#$2#.)"62'
($ ' ("#-.2)".?"$2-& ' ($1 ' ?*2(& ' ,$.1 ' )&2 ' -&(& ' #* ' +,"11.2-$ ' .C.,.-& ' ($ ' "?H>$2$#E'
,$#*1-.2'$#).#.?$2-$'C,&:*2(.#'($#($'*2'C*2-&'($'B"#-.'"2-$1$)-*.1E'C.,.'1"?"-.,#$E'
*2.'B$3'?H#E'.'*2.'#"?C1$',$),$.)"62'($1',$1.-&'&,">"2.1E')*.1F*"$,.'F*$'L#-$':*$#$E'
#"2'&-,.'C,$-$2#"62'F*$'1.'($'$2-,$-$2$,'.1'.*("-&,"&<
D&#'?"-&#'>,"$>&#'#$').,.)-$,"3.2'C&,'#*'$c-,$?.'(*)-"1"(.(E'F*$'8.'8$)8&'
C&#"+1$'#*#'#*)$#"B.#'.(.C-.)"&2$#'$'"2-$,C,$-.)"&2$#'.'1&'1.,>&'($'1&#'#">1&#'#"2'
F*$ ' #$ ' .1-$,$E ' +H#").?$2-$E ' #* ' #">2":").(&E ' #* ' $c-,.&,("2.,". ' :*$,3. ' #"?+61"). ' ;'
$B&).-"B.E ' ).C.3 ' ($ ' ,$C,$#$2-., ' 1&# ' ?H# ' ("B$,#&# ' .#C$)-&# ' ($ ' 1. ' $cC$,"$2)". ' ;'
)&2B$,-",#$'$2'1.'?$I&,'?$-H:&,.'($'1.')&2(")"62'8*?.2.'8.11.(.'8.#-.'1.':$)8.E'#*'
"2)&?C.,.+1$').C.)"(.('($'#$(*))"62E'C*$#-.'($'?.2":"$#-&'$2'1.'?$,.'*-"1"3.)"62'
($'1&#'2&?+,$#'($'#*#'C,&-.>&2"#-.#')&?&'("#C&#"-"B&#'C*+1")"-.,"&#'&'C.,.'$-"F*$-.,'
-&(.')1.#$'($'C,&;$)-&#';'2$>&)"&#')&2'C,$-$2#"&2$#'($'C,$#-">"&';',$)&2&)"?"$2-&E'
#*'B.1&,'$(*).-"B&E';.',$)&2&)"(&E'.'#*'C.,-")*1.,'?.2$,.E'C&,'b1.-62';'.#$B$,.(&'
.8&,. ' C&, ' 1. ' .2-,&C61&>. ' S.,>.,$- ' S$.( ' .1 ' #$%.1., ' )6?& ' 1&# ' I6B$2$# ' #$ ' 8.11.2'
"2?$,#&# ' ($2-,& ' ($ ' *2. ' :.#$ ' ($ ' 1. ' $c"#-$2)". ' F*$ ' ,$)1.?. ' ?&($1&# ' C,$B"&# ' ;'
$#-.+1$)$ ' *2. ' ,$1.)"62 ' $2-,$ ' $1 ' ?&($1& ' ; ' 1. ' C,&C". ' #"-*.)"62 ' B"-.1E ' ;E ' C&, ' :"2E ' #*'
"2F*$+,.2-.+1$ ' B"-.1"(.(E ' F*$ ' 1$ ' 8. ' C$,?"-"(& ' #*+#"#-", ' "2)1*#& ' . ' -&(. ' )1.#$ ' ($'
*-"1"3.)"&2$# ' $#C*,".#E ' )&?& ' 1.# ' ($ ' 1. ' C*+1")"(.(E ' ; ' . ' 1&# ' "2-$2-&# ' ,$"-$,.(&# ' ($'
-,KB".1"3.)"62'&'($:&,?.)"62'+*,1$#).E'F*$'($#($'1.#'C.,&(".#'($'D*)".2&E'C.#.2(&'
C&,'#*'$F*"C.,.)"62'.'#"?C1$#':H+*1.#'C,"?"-"B.#'$2'$1'di555E'.,,"+.2'8.#-.'2*$#-,&#'
(K.#<
D. '?"-&1&>K. '>,"$>. '#$'8.')&2B$,-"(&'C.,. '2*$#-,.')*1-*,.'$2 '*2 '-$#&,& '($'
#K?+&1&#'($)"#"B&E')&?&'.C*2-.+.'D.##&'($'1.'i$>.E'F*$'8.'C$,?"-"(&'-,.-.?"$2-&#'
-.2'(":$,$2-$#'($'1&#'($'1.'1$)-*,.'-,.(")"&2.1'($'1&#'.*-&,$#')1H#")&#')&?&'1&#'($1'
c&%/)/' ($ ' 7&;)$E ' F*$ ' *-"1"3. ' $1 ' ?"-& ' C.,. ' )&2-$2$, ' ; ' (., ' :&,?. ' . ' -&(. ' 1. ' ).,>.'
($#.:&,.(.'($',$?"2"#)$2)".#'F*$'$B&).2'1.'B"(.'$2'!*+1K2E'&'$1'($'43,.'b&*2(E'F*$'
,$)1.?. ' $1 ' 1.(& ' 2$>.-"B& ' ($1 ' 8L,&$ ' 8&?L,")& ' C.,. ' ,$:1$I., ' #* ' C,&C"& ' ;&E ' C&, ' 2&'
?$2)"&2.,'$1'RF/%A''($'01+$,-'a.?*#E'F*$'.(F*"$,$'-&(.'*2.'2*$B.'B.1$2)".'.1'C.#.,'
($':">*,.'C,&-&-KC").'($1'$#).,?"$2-&'($'1.'1&)*,.'8*?.2.'.'C.,.(">?.'$1&>"&#&'($'
$#-. ' ?"#?. ' )&2(")"62 ' ($1 ' 8&?+,$ ' ?&#-,.2(& ' F*$ ' . ' -,.BL# ' ($ ' #* ' $-$,2.?$2-$'
,$C$-"-"B. ' -.,$. ' -&(.BK. ' ,$#*1-. ' C&#"+1$ ' 1. ' $cC$,"$2)". ' ($ ' 1. ' 1"+$,-.( ' ($2-,& ' ($ ' *2'

!*!

?*2(& ' "2)&?C,$2#"+1$ ' ; ' .+#*,(& ' F*$ ' )*1?"2. ' )&2 ' 1. ' ?*$,-$< ' h. ' C,&C&,)"&2.(&'
1$?.#'pC*+1")"-.,"&#q'F*$'C&#$$2'$B&).)"&2$#';',$#&2.2)".#'"2)&2:*2("+1$#')&?&'$1'
($'1.'("&#.'#.+".';'C,*($2-$E'0-$2$.E'$1'($1'("&#'H>"1';'B$1&3'("#C*$#-&'.'.(&C-.,')&2'
#*?. ' :.)"1"(.( ' )*.1F*"$, ' "2")".-"B.E' h$,?$#E ' $1 ' ($1 ' &,">$2 ' ($ ' -&(&# ' 1&# ' ?.1$# ' ($1'
?*2(&'$'"2")"&'($'-&(&#'1&#'C,&+1$?.#E'1.').I.'($'b.2(&,.E'$1'($'*2.'("&#.'?.(,$'.'
1. ' F*$ ' -&(& ' ($+$?&# ' ; ' )&2 ' 1. ' F*$ ' )&2B"$2$ ' >*.,(., ' 1. ' ,$1.)"62 ' ($ ' :"($1"(.('
.($)*.(.E'1.'-"$,,.'=N.".@E'$1'($1',$+$1($'C&,'.2-&2&?.#".E'C,$&)*C.(&'($1'+"$2$#-.,'
($'1.'8*?.2"(.(';'("#C*$#-&'.1'#.),":")"&')&2'-.1'($'11$B.,'.').+&'#*'($#$#C$,.(.'
1*)8.')&2-,.'1.'-",.2K.E'b,&?$-$&E'$1'($1'B".I$,&'"?C$2"-$2-$';'.,,"$#>.(&E'.+"$,-&'.'
2*$B.#'$cC$,"$2)".#E'f1"#$#';'#*'p&("#$.qE'&'$1'($'*2'8L,&$'$?C$%.(&'C&,'1.':*$,3.'
$2'1"+$,.,'.'1.'8*?.2"(.('($'-&(.#'1.#'.+$,,.)"&2$#'F*$'(":")*1-.2'#*'$c"#-$2)".'.'
)&#-.'($'-$,,"+1$#'#.),":")"&#'C$,#&2.1$#E'h$,.)1$#<'D.'1"#-.'C&(,K.'#$>*",E'C$,&'2&'$#'
2$)$#.,"&<'\.#-$',$)&,(.,')6?&'$1'?"-&'>,"$>&'#">*$'#"$2(&'*-"1"3.(&'-&(.BK.'$2'$#-$'
#$2-"(& ' )&2 ' >,.2 ' $:").)".E ' "2)1*#& ' :*$,. ' ($ ' *2 ' )&2-$c-& ' )1.#")"#-.< ' 4I$?C1&#'
"1*#-,.-"B&# ' #&2 ' 1&# ' -K-*1&# ' +"$2 ' #">2":").-"B&# ' ($ ' .1>*2.# ' &+,.# ' C*2-$,.# ' ($ ' 1.'
.2-,&C&1&>K.E')&?&'$1')&2&)"(&'1"+,&'($'\,&2"#1.['S.1"2&[#j"'#&+,$'1.'B"(.'($'1&#'
"2(K>$2.# ' ($ ' 1.# ' "#1.# ' T,&+,".2( ' ).1":").(&# ' )&?& '!'/ # 4.B'2"9("/ # +)& # O"*%A%*' #
'**%+)2("&E'#"2'F*$'$c"#-.2'?H#'.1*#"&2$#'.'1.')&,,$#C&2("$2-$'1$;$2(.'>,"$>.E'&'$2'
$1'?H#',$)"$2-$'($'1.'.2-,&C61&>.'.?$,").2.'S.,;'h$1?#E 'c&3//)/a#R"%&E'(&2($'2&'
$c"#-$',$:$,$2)".'.1>*2.'.1'8L,&$'8&?L,")&':*$,.'($'1.'C&,-.(.E';.'F*$'1.'&+,.'#$'
&)*C.'($'1.#',$1.)"&2$#'$2-,$'$1'C&($,E'$1')&2&)"?"$2-&';'1.'("#-.2)".'>$&>,H:").'$2'
*2')&2-$c-&'>$2$,.1<'42'$#-$'?"#?&'-$,,$2&').+$'?$2)"&2.,'-.?+"L2'$1'2&?+,$'($1'
($-$)-"B$'C,&-.>&2"#-.'($'1.')&2&)"(.'#$,"$'C&1")K.).'($'1.'"2$:.+1$'n>.-.'a8,"#-"$E'
h$,)*1$#'b&",&-E'F*$'$2'(&)$'2&B$1.#'C*+1").(.#'$2-,$'UZQZ';'UZ^Y'($+$',$#&1B$,'*2'
$2">?. ' F*$ ' )&,,$#C&2($ ' )&2 ' ).(. ' *2& ' ($ ' 1&# ' )L1$+,$# ' (&)$ ' -,.+.I&# ' ($1 ' 8L,&$'
>,"$>&E ' #" ' +"$2 ' 1& ' 8.)$ ' ($2-,& ' ($ ' *2 ' ?.,)& ' )&2-$?C&,H2$& ' F*$ ' "?C1"). ' 1.'
-,.#C&#")"62'($'1&#'$C"#&("&#'?K-")&#'?$(".2-$'?$-H:&,.#'&'.1$>&,K.#'F*$'"?C1").2'
;.'($'C&,'#K'*2.')"$,-.'"2-$,C,$-.)"62'($1'?"-&<'42'$1'?&?$2-&'$2'F*$'#$',$(.)-.2'
$#-.#'1K2$.#'.C.,$)$'$2'1&#'$#)$2.,"&#'*2'$#C$)-H)*1&'($'(.23.'($'*2')&2&)"(&'
+."1.,K2'($1'?&?$2-&'F*$'11$B.'C&,'-K-*1&'S%2'("9.'';'$2'1&#'?$("&#'($')&?*2").)"62'
#$'.2*2)".'.'+&?+&';'C1.-"11&'*2.'&C$,.)"62'.'2"B$1'$*,&C$&'C.,.'1.'C$,#$)*)"62'($'
1. ' "2?">,.)"62 ' "1$>.1 ' . ' 1. ' F*$ ' 8.2 ' (.(& ' $1 ' 2&?+,$ ' ($ ' pf1"#$#q< ' 41 ' ?"-& ' >,"$>&E'
)&2B$,-"(&'$2'?$-H:&,.'+,"11.2-$'($'1.')&2(")"62'8*?.2.E'$2'C*$,-.'C,"B"1$>".(.'($'
.))$#& ' . ' 1. ' "2-$,C,$-.)"62 ' ($ ' 1. ' ,$.1"(.( ' )&2 ' -&(. ' #* ' C,&+1$?H-"). ' ; ' .-$,,.(&,.'
.?+"B.1$2)". ' & ' $2 ' $:").3 ' ,$)1.?& ' #"?+61")& ' ; ' C*+1")"-.,"&E ' )&2-"2J. ' *-"1"3H2(&#$E'
"2)&?+*#-"+1$E ')&,2& '*2.'C,*$+.'$B"($2-$'($1 '",,$#"#-"+1$'$2).2-& 'F*$'-&(.BK.'1&#'
>,"$>&#')&2-"2J.2'$I$,)"$2(&'$2-,$'2&#&-,&#<

!*"

J,-K->3C3-C#-#0D/343L-23$-4")#43$-5-%3$3&"3$

JR'&B*"&'E49M

4#'$B"($2-$'F*$'1&#'>,"$>&#E'&'?H#'+"$2'1.'"?.>$2'"($.1"3.(.'($'1.'N,$)".'
.2-">*.'F*$'8.'C$,B"B"(&'.'1&'1.,>&'($'1&#'#">1&#E')&2'#*)$#"B.#'-,.2#:&,?.)"&2$#E'
?.-"3.)"&2$#'$'"2)1*#&'C$1">,&#.#'-,"B".1"3.)"&2$#E'8.'($#$?C$%.(&E';'F*"3H'-&(.BK.'
($#$?C$%.'C&,'.8&,.E'*2'C.C$1')&2#"($,.+1$E';'8.#-.'$2'&).#"&2$#':*2(.?$2-.1E'
($2-,&'($'2*$#-,.'8"#-&,".<'R"2'$?+.,>&'#*'C&#")"62'8$>$?62").'C.#.'C&,'?.1&#'
?&?$2-&# ' ; ' C*$($ ' .:",?.,#$ ' "2)1*#& ' F*$ ' 8. ' $?C$3.(& ' ;.E ' 8.)$ ' -"$?C&E ' . ' #$,'
C*$#-. ' $2 ' $2-,$(")8& ' )*.2(& ' 2& ' )1.,. ' ; ' .+"$,-.?$2-$ ' ($#.:".(. ' C&, ' 2*$B&#'
C.,.(">?.#<'R",B.')&?&'$I$?C1&'#*'1*>.,'$2'1.'$(*).)"62E').(.'(K.'F*$'C.#.'?H#'
)*$#-"&2.(&E')&2'1.',$(*))"62'#*)$#"B.'$'"?C1.).+1$'($'1.#'8&,.#'($#-"2.(.#'.'#*'
$#-*("& ' ($2-,& ' ($ ' 1&# ' )*,,")*1. ' $#)&1.,$# ' ; ' .,,.#-,.(. ' .($?H# ' ($2-,& ' ($ ' 1.'
"?C$-*&#. ' )&,,"$2-$ ' ($ ' ),"#"# ' .)-*.1 ' ($ ' 1.# ' 8*?.2"(.($#E ' F*$ ' 8.#-. ' .8&,. ' 8.'
.:$)-.(& ' #&+,$ ' -&(& ' . ' 1&# ' $#-*("&# ' )1H#")&#E ' ;. ' ($ ' C&, ' #K ' #"$?C,$ ' *2 ' ,$(*)-&'
?"2&,"-.,"& ' .1 ' F*$ ' #61& ' 1&# ' ?H# ' .-,$B"(&# ' ($)"(K.2 ' $?+.,).,#$ ' )&2 ' -&(.# ' #*#'
)&2#$)*$2)".#<'a"$,-.?$2-$'2&'C*$($'($)",#$'F*$')&,,.2'+*$2&#'-"$?C&#')*.2(&'
#$ ' 8. ' .#"#-"(& ' . ' *2. ' #"-*.)"62 ' ($ ' C,"B"1$>"& ' ).#" ' "2)*$#-"&2.+1$ ' $2 ' 1. ' F*$ ' #*'
C,$(&?"2"&')&?&'C.,.(">?.')*1-*,.1',$)&2&)"(&'($#($'1.#'"2#-.2)".#'($1'C&($,'#$'
B$K. ' -,.(*)"(& ' $2 ' 1&# ' C,&>,.?.# ' $(*).-"B&#< ' D.# ' $cC$)-.-"B.# ' ($ ' ,$)*C$,.)"62'
C.,$)$2 ' ?H# ' +"$2 ' *-6C").#E ' #&+,$ ' -&(& ' #" ' F*$(.?&# ' . ' 1. ' $#C$,. ' ($ ' *2 ' 2*$B&'
,$2.)"?"$2-&'F*$'($#C$I$'1.#'C.B&,&#.#'-"2"$+1.#'($'1.'$(.('&#)*,.'.)-*.1E'#*?"(.'
).(.'B$3'?H#'$2'*2'B.)K&'$#-,$?$)$(&,'.'1.'8&,.'($'$2)&2-,.,',$:$,$2-$#')*1-*,.1$#'
($')"$,-.'$2-"(.('F*$'C*$(.2'>.,.2-"3.,'1.')&2-"2*"(.('($'1.')"B"1"3.)"62E'?H#'.11H'($'
1. ' "2#&C&,-.+1$ ' -,"B".1"(.( ' ($ ' 1&# ' ).2-.2-$# ' ($ ' ?&(.E ' ($ ' 1. ' ,$)*. ' ($ ' p:.?&#&#qE'
,$)&2B$,-"(&#'.'B$)$#'$2'"2-$1$)-*.1$#'($'C,&'_p2&'F*$,K.#').:L<<<q_'("#C*$#-&#'.'
$#+&3., ' 1.# '?H#' :1.>,.2-$# ' &+B"$(.($# ' ($ ' -&(& '-"C&E ' ($1 ' ,*"(& ' ;' $1 ' :,.>&, '($ ' 1&#'
-$1L:&2&#'?6B"1$#E'1&#'B"($&I*$>&#';'-&(.')1.#$'($'?.F*"2.,".'"?.>"2.+1$';'($'1.'
$#-,*$2(&#.'+.2.1"(.('"?C*$#-.'.('2.*#$.?'C&,'1.'-$1$B"#"62<
]&'$#'2*$#-,.'"2-$2)"62'.+*2(.,'?H#'$2'1.'8$,"(.'&',$"2")".,'.F*K';'.8&,.'*2.'
?H#'($'1.#';.'B"$I.#'F*$,$11$#'&'("#C*-.#'$2).,2"3.(.#'$2-,$'1&#'B.1&,$#',$#C$)-"B&#'

!*#

($'.2-">*&#';'?&($,2&#'F*$'8.2'"(&'$#C.)"H2(&#$E'.*2F*$')&2')"$,-.':,$)*$2)".'
J1-"?.?$2-$E'.'1&'1.,>&'($'1.'8"#-&,".<'D.'C,"?$,.';'F*"3H'1.'?H#')L1$+,$'($'-&(.#'
-*B&'1*>.,'(*,.2-$'$1'#">1&'di55E')*.2(&'#$'1.236'*2'#$,"&'($#.:K&'.'1.'#*C,$?.)K.'
)*1-*,.1 ' ($ ' 1. '02-">l$(.( ' F*$ ' 8.+K. ' #"(& ' )&2#.>,.(. ' ($#($ ' $1 ' A$2.)"?"$2-&< ' 41'
C,"?$,'.#.1-&'1&'$2).+$3.,&2'"2("B"(*&#')&?&'M,.2)"#'\.)&2';'A$2$'!$#).,-$#E'F*$E'
"?C*1#.(&#'C&,'1&#'2*$B&#'"2B$2-&#'-$)2&16>")&#E')&?&'1.'"?C,$2-.';'$1'-$1$#)&C"&E';'
C&,'1&#',$)"$2-$#'.B.2)$#'($1')&2&)"?"$2-&')"$2-K:")&E')&2)$2-,.,&2'#*#':*$,3.#'$2'
($#.),$("-., '$1 'C,$(&?"2"& '($ '0,"#-6-$1$# '$2 ' $1 ' C.2&,.?. ')*1-*,.1 ' $*,&C$&< '42 '1.'
#$>*2(.'?"-.('($1'#">1&'#$'"2")"6'*2'2*$B&'.#.1-&E'$#-.'B$3'($#($'*2.'C$,#C$)-"B.'
?H# ' 1"-$,.,".E ' "2.*>*,.(. ' C&, ' $1 ' :,.2)L# ' a8.,1$# ' b$,,.*1-E ' .*-&, ' ($ ' )*$2-&# ' -.2'
C&C*1.,$#')&?&',"6).9*%("Q#!"#,)2%*%)2("#&#H&#B"('#*'2#$'("/E')*.2(&'$2'U`XY'1$;6'
$2'1.'0).($?".':,.2)$#.'*2'C&$?.'#&+,$'1.'LC&).'($'D*"#'d5i'$2'$1'F*$'.-.).+.'$1'
?.1'>*#-&'($'1.#'$C&C$;.#'8&?L,").#E'C&+1.(.#'($'("&#$#'"2?&,.1$#E'8L,&$#'#"2'*2'
).,H)-$, ' +"$2 ' ($:"2"(& ' ; ' )&2 ' )&?C&,-.?"$2-&# ' C&)& ' & ' 2.(. ' $(":").2-$#E ' F*$'
,$B$1.+.2 ' F*$ ' h&?$,& ' $,. ' ?$2&# ' )"B"1"3.(& ' F*$ ' 1&# ' ?&($,2&#E ' ; ' $2 ' $1 ' F*$'
C,&C&,)"&2.+.'.1'-"$?C&'*2.'1"#-.'($'.*-&,$#':,.2)$#$#')&$-H2$&#'F*$'11$>.,K.2'.'
#$, ' -.2 ' )L1$+,$# ' )&?& ' 1&# ' .2-">*&# ' >,"$>&# ' ; ' ,&?.2&#< ' D. ' ("#C*-. ' #.1-6 ' 8.#-.'
52>1.-$,,.E'(&2($'.*-&,$#')&?&'!,;($2';'R[":-'.).*("11.,&2'1&#',$#C$)-"B&#'+.2(&#'
)&2'2&'?$2&#'C.#"62';'.2"?&#"(.('F*$'$2'$1')&2-"2$2-$E')&?&'C*$($'.C,$)".,#$'$2'
1.':.?&#. '<"("&&"#+)#&'/#&%$.'/' ($1'?$2)"&2.(&'R[":-E'$2'1.'F*$'($#),"+K.')&2'#*'
8.+"-*.1'+,"11.2-$3'$'",&2K.'.1>*2.#'($'1.#':1.F*$3.#'($'1&#'p?&($,2"#-.#qE')&?&'#*'
"2#&C&,-.+1$'C$(.2-$,K.E'#"'+"$2'C.,$)K.'($#).,-.,'">*.1?$2-$')*.1F*"$,'B.1&,'($'1.#'
2*$B.#')"$2)".#<'01>*2&#'($'1&#'.,>*?$2-&#'?.2$I.(&#'$2-&2)$#'8.2'F*$(.(&'8&;'
($#:.#.(&#E')&?&'1.')&2-,.C&#")"62'$2-,$'),"#-".2"#?&';'C.>.2"#?&'&'1.'.)*#.)"62'
"2I*#-":").(.'#&+,$'$1'C,&B$,+".1'?.1'>*#-&'($'1&#'.*-&,$#'.2-">*&#E'C$,&E'$2').?+"&E'
&-,&#'8.2'-$2"(&')"$,-.')&2-"2*"(.(E')&?&'$1'F*$'.+&>.'C&,'$1'"?C.,.+1$'C.#&'($1'
C,&>,$#&E ' F*$ ' ($I. ' )&?C1$-.?$2-$ ' &+#&1$-.# ' 1.# ' )"B"1"3.)"&2$# ' ($1 ' C.#.(&E ' C.,.'
"?C*>2., ' 1. ' "?C&,-.2)". ' ($1 ' ?*2(& ' )1H#")& ' $2 ' $1 ' ?&?$2-& ' C,$#$2-$E ' .B.1.(.'
.($?H# ' (")8. ' C&#-*,. ' C&, ' $1 ' "2?$2#& ' C&($, ' ($ ' .-,.))"62 ' F*$ ' $I$,)$2 ' 1.#'
($2&?"2.(.#'p2*$B.#'-$)2&1&>K.#q'#&+,$'1&#'I6B$2$#E'&'1.'$c-$2("(.'#$2#.)"62'($'
CL,("(. ' ($1 ' -"$?C& ' "2B$,-"(& ' $2 ' $2#$%.23.# ' C&)& ' C,H)-").# ' )*;&# ' C,$#*C*$#-&#'
C&1K-")&#';'?&,.1$#'8.2'F*$(.(&';.'#*C$,.(&#'($':&,?.')1.,.'C&,'1&#'),"-$,"&#'?*)8&'
?H#'C,.>?H-")&#'($'1.'#&)"$(.('?&($,2.<
R&2 ' ?*)8&#E ' ).(. 'B$3 '?H#E' 1&# ' F*$E '.1$2-.(&# 'C&, '$#-$ '-.1.2-$ '*-"1"-.,"#-.'
"?C$,.2-$E ' .+&>.2 ' C&, ' $#-. ' )1.#$ ' ($ ' ,.3&2$# ' $2 ' 1. ' 2*$B. ' B$,#"62 ' .)-*.1 ' ($ ' 1.'
("#C*-.E'($#).:$"2.(.'.8&,.'C&,'1.'$2($+1$'$2B$,>.(*,.'($'.1'?$2&#'*2.'C.,-$'($'
1&#')&2-$2("$2-$#<'M.1-.2'$2-,$'1.#':"1.#'($'1&#'($:$2#&,$#'($'1.'?&($,2"(.(':">*,.#'
($ ' 1. ' -.11. ' ($ ' 1&# ' .2-$# ' ?$2)"&2.(&#E ' #*#-"-*"(&# ' .8&,. ' 1&# ' \.)&2E ' !$#).,-$#E'
M&2-$2$11$ ' ; ' b$,,.*1- ' C&, ' 1*#-,&#&# ' .#C",.2-$# ' . ' $I$)*-"B& ' ($ ' ?*1-"2.)"&2.1E ' C&,'
-$("&#&# ' C.1.("2$# ' ($ ' 1&# ' 2*$B&# ' =y@ ' #.+$,$# ' C#")&C$(.>6>")&# ' & ' C&, ' #"?C1$# ' ;'
C.-L-")&#'>*,J#'($'1.'"2.2"(.(<'R"2'$?+.,>&E'-.?C&)&':.1-.2'$2'1.#':"1.#')&2-,.,".#'
C$1">,&#&#'($:$2#&,$#'.'*1-,.23.'($'1.')&2-"2*"(.('&'($1',$-&,2&'($'*2.'$2#$%.23.'
?H#',K>"(.')&2)$2-,.(.'$2'$1'$c)1*#"B&'$#-*("&'($'1.'>,.?H-").E'.1'$#-"1&'($'*2&#'
B"$I&# ' -"$?C&# ' )&2-$?C1.(&# ' .8&,. ' )&2 ' 2&#-.1>".< ' 0?+.# ' -$2($2)".# ' #$'
,$-,&.1"?$2-.2'($'$#-.':&,?.'$2'*2.'"2J-"1';'$#-L,"1'F*$,$11.'F*$'#$',$2*$B.'($':&,?.'
"2)$#.2-$'.'-,.BL#'($'$#C&,H(").#'.C.,")"&2$#'$2'.,-K)*1&#'($'C,$2#.E'.",.(.#').,-.#'
.1 ' (",$)-&, ' $2 ' (":$,$2-$# ' -"C&# ' ($ ' C*+1").)"&2$# ' & ' 1.# ' ,$"-$,.(.# ' 1.?$2-.)"&2$#'
&:")".1$#'.1'*#&'$2'1.#',$B"#-.#';'?$("&#'($1'>,$?"&<

!*$

D.'C,$#$2)".';')&2-"2*"(.('($1'?*2(&'>,"$>&'$2'1.'#&)"$(.(';'1.'$(*).)"62'
.)-*.1$# ' $# ' *2 ' C,&+1$?. ' ?*)8& ' ?H# ' .?C1"& ' F*$ ' 2& ' ($C$2($ ' #61& ' ($ ' B.,".2-$#'
)",)*2#-.2)".1$# ' )&?& ' $1 ' -"$?C& ' ($(").(& ' . ' #* ' $2#$%.23. ' $2 ' 1&# ' C,&>,.?.#'
$#)&1.,$#'&'1.')&2(")"62'($'&C-.-"B"(.('?H#'&'?$2&#',$.1'F*$'&)*C.'($2-,&'($'$11&#E'
.*2F*$'C.,$3).'$2'.1>*2.#'&).#"&2$#'F*$'L#-.#'#$.2'1.#'J2").#')1.B$#'($)"#"B.#'
C.,.'#*'#*C$,B"B$2)".<'D.')*$#-"62'C,"2)"C.1',.(").'?H#'+"$2E')&?&'?*)8&#';.'8.2'
#$%.1.(&')&2'.)"$,-&E'$2'$#-.+1$)$,'*2'2*$B&'C1.2-$.?"$2-&'($'2*$#-,.',$1.)"62')&2'
1&#'>,"$>&#';'#*'?*2(&E',$#"-*H2(&1&#'C,$B".?$2-$'($2-,&'($'1.')&,,$)-.'C$,#C$)-"B.'
8"#-6,"). ' 1$I&# ' ($ ' 1&# ' "($.1"#?&# ' ($:&,?.(&,$# ' ; ' $c)1*#"B"#-.#E ' F*$ ' C&2>. ' ($'
?.2":"$#-&'1.'B.1"($3';'1.':*2)"&2.1"(.('($'#*'C,$#$2)".'$2-,$'2&#&-,&#E'-,.#1.(.2(&'
.($?H#'$#-.#',$:1$c"&2$#':*$,.'($'1&#',$(*)"(&#E';'$2'&).#"&2$#')1.*#-,&:6+")&#E'
H?+"-&#'.).(L?")&#E'(&2($'*2.#'?.-$,".#').(.'B$3'?H#'?"2&,"-.,".#';'#$C.,.(.#'
($'1.'#&)"$(.(')&,,$2'$1'#$,"&'C$1">,&'($'C$,$)$,'($1'-&(&'C&,'.#:"c".'=1.'%2+9/(.3'($'
#*#'C,.)-").2-$#'.'1.'F*$'.1*(K.')&2'>$2".1'",&2K.'$1',$C*-.(&'8$1$2"#-.'4,")'!&((#@<
b.,.'$11&'($+$?&#'.C,$2($,E'$2'C,"?$,'1*>.,E'.',$1.-"B"3.,'*2'-.2-&'2*$#-,&'
(&?"2"&E'+.IH2(&1&'($'1&#'.1-.,$#'.'1&#'F*$'1&'8.+K.2'$2)*?+,.(&'1.'"($.1"3.)"62';'$1'
:"1&8$1$2"#?&'($'-"$?C&#'C.#.(&#E'C$,&')*"(.2(&'.1'?"#?&'-"$?C&'($'F*$'$#-$'.:H2'
,$1.-"B"#-.'2&'B.;.'-.?C&)&'($?.#".(&'1$I&#';'-$,?"2$')&2(*)"$2(&'.'1&#'>,"$>&#'.'
*2 ' #.)& ' #"2 ' :&2(& '(&2($ ' $2)*$2-,$ ' *2. ' "2I*#-. '$F*"C.,.)"62 ' )&2 ' p)*.1F*"$, ' &-,.'
)*1-*,.'"2(K>$2.q<'A$1.-"B"3.,'#">2":").'#&+,$'-&(&'#"-*.,'.'1&#'>,"$>&#'($2-,&'($'1.'
C$,#C$)-"B.'8"#-6,").'.($)*.(.E'1&'F*$'-,.(*)"(& '.'1.'C,H)-").'(".,".'#">2":").E'C&,'
$I$?C1&E ' #.+$, ' B.1&,., ' 1. ' )&2-,"+*)"62 ' ($)"#"B. ' ($ ' 1.# ' )*1-*,.# ' &,"$2-.1$# ' $2 ' 1.'
)&2:">*,.)"62'($'1.')"B"1"3.)"62'>,"$>.'.,).").E')&2'"2)*$#-"&2.+1$#'.C&,-.)"&2$#'.1'
-$,,$2& ' ($1 ' ?"-&E ' ($ ' 1. ' 1"-$,.-*,.E ' ($1 ' .,-$ ' ; ' ($ ' 1. ' ,$1">"62< ' !$I., ' . ' *2 ' 1.(& ' 1.'
p#.),.1"3.)"62'($'e))"($2-$q':,$2-$'.'*2'pe,"$2-$q'F*$'-&(.BK.'2&'$c"#-K.'$2'1&#'
-L,?"2&#'$2'F*$'#$'),$6'#*'"?.>$2'C&#-$,"&,E'#&+,$'1.'$#-$1.'($I.(.'C&,'$1'5#1.?E'F*$'
8.)K.'($1'"?C$,"&'C$,#.'$1'(L#C&-.'&,"$2-.1'F*$'C&2K.'$2'C$1">,&'1.'C,$)".(.'1"+$,-.('
($'1&#'>,"$>&#';')&2'$11&#'$1':*-*,&'($'-&(.'2*$#-,.')"B"1"3.)"62'&))"($2-.1<'i.1>.2'
)&?&'$I$?C1&#'1.'8"C$,B.1&,"3.)"62'($'1.'+.-.11.'($'S.,.-62E'F*$':*$')&2#"($,.(.'
C&,'R-*.,-'S"11'?H#'"?C&,-.2-$'C.,.'1.'8"#-&,".'($'52>1.-$,,.'F*$'1.'($'h.#-"2>#E'F*$'
("&'.'1&#'2&,?.2(&#'$1'(&?"2"&'($1'C.K#E'C&,'1.#'#*C*$#-.#')&2#$)*$2)".#'F*$'-*B&'
$2'1.')&2#&1"(.)"62'($'1.'1"+$,-.('$2'e))"($2-$E'&'1.')&2B$,#"62'($'1.'($'T$,?&C"1.#'
$2'*2'")&2&'?H#'($1'8$,&K#?&'$2'$#-.'?"#?.'1K2$.'.'-,.BL#'($1')"2$'=H&#&);2#+) #
H/6".("@';'($'.1>*2.#'&+,.#'($'("B*1>.)"62'?&($,2.'=)&?&'1.'($'4,21$'\,.(:&,('F*$'
11$B.'C&,'#">2":").-"B&'#*+-K-*1&/'0-)#<"((&)A'.#(-)#`)/(@<'4#-$'-"C&'($'C1.2-$.?"$2-&#E'
2&'.*#$2-$#'($1'-&(&'$2'&+,.#'.).(L?").#'($'C,$-$2#"&2$#'?.#'#$,".#E',$C,$#$2-.2'
$2'C,"?$,'1*>.,'*2.'2&-&,".'">2&,.2)".'($'1.',$.1"(.('8"#-6,").'($1'"?C$,"&'C$,#.E'F*$'
2.(.'-$2K.'F*$'B$,')&2'$1'5,H2'?&($,2&';'#*':*2(.?$2-.1"#?&'"#1H?")&'2"')&2'1.'
"?.>$2'$#-$,$&-"C.(.'($1'(L#C&-.'&,"$2-.1'F*$'"?C&2K.'#*#'(")-H?$2$#'.'#.2>,$';'
:*$>&E'2"')&2'&-,.')1.#$'($'C,$I*")"&#'?&($,2&#'#&+,$'$1'e,"$2-$'+"$2'$#-*(".(&#'C&,'
4([.,( ' R."(< ' 42 ' #$>*2(& ' 1*>., ' ?.2":"$#-.2 ' *2. ' B"#"62 ' .2.),62"). ' & ' 1.# ' )&#.#E'
.2)1.(. ' -&(.BK. ' $2 ' 1&# ' $#16>.2$# ' ($ ' 1. ' C,&C.>.2(. ' .-$2"$2#$ ' ($ ' 1. ' LC&). ' F*$'
?.>2":")6'1&#'.)&2-$)"?"$2-&#'C.,.'1$>"-"?.,'#*'C&#-$,"&,'C&#")"62'8$>$?62").'#&+,$'
$1',$#-&'($'1&#'>,"$>&#<
4# ' ">*.1?$2-$ ' 2$)$#.,"& ' F*$ ' ,$)&2&3).?&# ' 1. ' $c"#-$2)". ' $2 ' $1 ' 8&,"3&2-$'
)*1-*,.1 ' $*,&C$& ' ($ ' &-,.# ' )*1-*,.#E ' )&?& ' 1.# ' &,"$2-.1$#E ' $c-$2("$2(& ' $#-. ' B$3 ' $1'
-L,?"2&'.'1.'52(".';'$1'D$I.2&'e,"$2-$<'4#-$'"2-$,L#')&?$236'$2'$1'#">1&'di555E'$2'*2.'
LC&).'$2'1.'F*$'1.'"($.1"3.)"62'($'N,$)".';'#*'"?C&#")"62'),$)"$2-$'#&+,$'A&?.'

!*%

C.,$)K.2'($I.,')&?C1$-.?$2-$'($#C$I.(&'$1').?C&'C.,.'#*'$2-,&2"3.)"62'.+#&1*-.';'
($:"2"-"B.'$2'$1'C.2&,.?.')*1-*,.1'($1'?&?$2-&<'41'($#)":,.?"$2-&'($1'#H2#),"-&'$2'
UYX^ ' C&, ' $1 ' $#-*("&#& ' +,"-H2")& ' #", ' o"11".? ' 7&2$#E ' F*$ ' :*2(6 ' .($?H# ' 1. '0#".-")'
R&)"$-;'$2'a.1)*-.E':.B&,$)"6'*2'),$)"$2-$'"2-$,L#'C&,'1.'52(".'F*$'#$'.)$2-*6')&2'1.'
)&2F*"#-.';'(&?"2.)"62'+,"-H2").';')&2'1.'$1.+&,.)"62')&2#">*"$2-$'($'8"#-&,".#'($1'
C.K#E')&?&'1.'F*$'$#),"+"6'$1'C.(,$'($'R-*.,-'S"11<'!"#G%/('.%"#+)#&"#C2+%"'($'i")$2-'
R?"-8'($')&?"$23&#'($1'#">1&'dd';'1.'&+,.'1"-$,.,".'($'A*;.,('v"C1"2>')&2-,"+*;$,&2'
($ ' ?.2$,. ' ($)"#"B. ' . ' 1. ' B*1>.,"3.)"62 ' $2-,$ ' $1 ' CJ+1")& ' ($ ' 1. ' )*1-*,. ' "2(".< ' 0'
(":$,$2)".E ' #"2 ' $?+.,>&E ' ($ ' 1& ' F*$ ' #*)$("6 ' )&2 ' N,$)".E ' 1.# ' .2-">l$(.($# ' "2(".#'
C$,?.2$)"$,&2 ' $2 ' #* ' ?.;&, ' C.,-$ ' $2 ' $1 ' C.K# ' ($ ' &,">$2E ' ($+"(& ' . ' 1. ' )*"(.(&#.'
C&1K-").'2.)"&2.1'$?C,$2("(.'$2'$#-$'#$2-"(&E'C&,'1&'F*$'#*'"2)"($2)".'$2'e))"($2-$'
:*$ ' 2$)$#.,".?$2-$ ' ?$2&,< ' A$#*1-. ' )"$,-.?$2-$ ' "1*#-,.-"B& ' $1 ' 8$)8& ' ($ ' F*$ ' $1'
($C.,-.?$2-& ' )&,,$#C&2("$2-$ ' ($1 ' S*#$& ' \,"-H2")& ' #$. ' *2. ' ($ ' 1.# ' )&1$))"&2$#'
?$2&#',").#<
!$ '1.'?"#?.':&,?.E'-.?+"L2'8.)". '?$(".(&#'($1 '#">1& 'di555'#$ 'C,&(*I&'*2'
"2-$,L#'C&,'1.'a8"2.'F*$'#$'B"&',$:1$I.(&'$2'*2.'.*-L2-").'"2B.#"62'($'C,&(*)-&#'($'
$#-. 'C,&)$($2)".E ')&?& '1.' C&,)$1.2.' &'1&#' ?*$+1$#E';'$2' "?"-.)"&2$# '.'1.' ?&(.'
)&?&'1.#'.1)&+.#E'1&#'I.,("2$#';')"$,-.#'&+,.#'F*$'-$2K.2'.F*$1'1$I.2&';'$c6-")&'C.K#'
)&?&',$:$,$2)".E')&?&'1.':.?&#.'b.>&(.'F*$'-&(.BK.'.(&,2.'1&#'v$['N.,($2#'($'
D&2(,$#E'"?"-.(.'($#C*L#'$2'1.'-&,,$')8"2.'($'1&#'42>1"#)8$,'N.,-$2'($'S*2")8<'41'
)&?$,)"&'$c"#-$2-$')&2'.F*$11&#',$?&-&#'-$,,"-&,"&#E'C,&?&B"(&'C&,'1.'a&?C.%K.'($'
1.#'52(".#'e,"$2-.1$#'"2>1$#.E'8.+K.'C,&C&,)"&2.(&'1&#'?.-$,".1$#';'1.#'"($.#'C.,.'
$#-"?*1.,'*2')*1-&'C$)*1".,?$2-$'"2>1L#<'41'?*2(&')1H#")&'$?C$3.+.'.#K'.')$($,'.1>&'
($'#*'.,,&>.2-$'C,&-.>&2"#?&';'F*$(.+.'#"-*.(&'$2'*2.'C$,#C$)-"B.'?H#'8"#-6,").'
F*$'1.'F*$'8.+K.'B$2"(&'&)*C.2(&'8.#-.'$2-&2)$#')&?&'#"?C1$'?&($1&'.-$?C&,.1E'
F*$ ' )&2#"($,.+. ' ?$,& ' C,"?"-"B"#?& ' #"2 ' "2-$,L# ' -&(& ' 1& ' F*$ ' 8.+K. ' .).$)"(&'
.2-$,"&,?$2-$< ' s. ' $1 ' $#),"-&, ' :,.2)L# ' 4(>., ' k*"2$-E ' F*$ ' )&2-,"+*;6 ' ($ ' ?.2$,.'
($)"#"B. ' . ' 1. ' -,.(")"62 ' ($1 ' 1"+$,.1"#?& ' :,.2)L#E ' 1.236 ' $2 ' UX^U ' 1. ' "($. ' ($ ' *2'
,$2.)"?"$2-&'&,"$2-.1E'F*$'#$,K.'1*$>&'$#-*(".(&'?H#'.':&2(&'*2'#">1&'($#C*L#'C&,'$1'
-.?+"L2'"2-$1$)-*.1':,.2)L#'A.;?&2('R)8[.+'$2'*2'1"+,&'F*$'11$B.+.'C,$)"#.?$2-$'
$#$'-K-*1&E'(&2($ '$cC&2K.'$1'),$)"$2-$'"2-$,L#'C&,'1.#'1$2>*.#'"2(".#'$'",.2".'F*$'
).,.)-$,"3.,&2 ' 1. ' C$2$-,.)"62 ' )&1&2".1 ' :,.2)$#. ' ; ' +,"-H2"). ' $2 ' $1 ' #*+)&2-"2$2-$'
.#"H-")&<'!$1':&2(&'($'0#".'$?C$3.+.'.'#*,>",E'#$>J2'k*"2$-E'*2.'.2-">l$(.('?H#'
C,&:*2(.E'?H#':"1&#6:").';'?H#'C&L-").'F*$'-&(&'$1')&2I*2-&'($'N,$)".';'A&?.<'T.2-&'
k*"2$-')&?&'R)8[.+'C,$)&2"3.+.2'*2.'#*C$,.)"62'($1'2$&)1.#")"#?&'F*$'2&'11$>6'.'
C,&(*)",#$'($1'-&(&E'#"'+"$2'$1'?*2(&')1H#")&E';'$1'>,"$>&'$2'C.,-")*1.,E'.(F*",K.'($'
$#-. ' :&,?.E ' .1 ' ?$2&# ' C.,. ' .1>*2&#E ' *2. ' B.1&,.)"62 ' ?H# ' ,$1.-"B"#-. ' ($2-,& ' ($1'
C.2&,.?.'8"#-6,")&'8*?.2&'F*$'1.'?$,.'.(?",.)"62'$c$2-.'($'-&(.'),K-").'($'*2'
?&($1&'"2?*-.+1$<
D.'8"#-&,".'C&#-$,"&,'8.'"(&'?"2.2(&'-&(.BK.'?H#'$#-.'.C.,$2-$'#*C,$?.)K.'
)&2'$1'($#)*+,"?"$2-&'),$)"$2-$'($'&-,.#'.2-">*.#')"B"1"3.)"&2$#')&?&'1.#'($1'2*$B&'
)&2-"2$2-$'.?$,").2&E'$2'C.,-")*1.,'1.'"2).E'1.'?.;.'&'1.'.3-$).E')&2'-&(.'1.'&1$.(.'
($ ' $cC$)-.)"62 ' $ ' "2-$,L# ' F*$ ' >$2$,.,&2 ' $c)$C)"&2.1$# ' ($#)*+,"?"$2-&# ' )&?& ' $1'
"?C,$#"&2.2-$')&?C1$I&'($'S.)8*'b"))8*'$2'$1'b$,JE'1.#'#&,C,$2($2-$#'C",H?"($#'
($ ' T"j.1 ' $2 ' C1$2. ' #$1B. ' ($ ' N*.-$?.1. ' & ' 1.# ' $#-,*)-*,.# ' C.1.)".1$# ' ; ' ,$1">"&#.#'
.3-$).#'$c).B.(.#'$2'C1$2&'#*+#*$1&'($'1.').C"-.1'?$c").2.<'41')&2&)"?"$2-&'($'1.'
a8"2.'.2-">*.'8.'"(&'-.?+"L2'>.2.2(&'$2-$,&#')&2'1.'?.;&,'(":*#"62'($'#*'?"1$2.,".'
8"#-&,".'$2-,$'$1'>,.2'CJ+1")&E',$#.1-.(.'-.?+"L2'C&,'?.,.B"11.#'-.2'$#C$)-.)*1.,$#'

!*&

)&?& ' 1. ' >,.2 ' ?*,.11. ' & ' 1&# '?"11.,$# ' ($ ' >*$,,$,&# ' ($ ' -$,,.)&-. ' F*$ ' >*.,(.+.2 ' 1.'
-*?+.'($1'C,"?$,'$?C$,.(&,'($'1.'("2.#-K.'k"2<'41'$#C","-*.1"#?& '&,"$2-.1E'$2'#*#'
("B$,#.# ' ?.2":$#-.)"&2$# ' #$,".# ' )&?& ' $1 ' +*("#?& ' & ' ?*)8& ' ?H# ' 1"B".2.# ' )&?&'
)"$,-&#' ?"#-")"#?&#E'C*$#-&# '($' ?&(.' C&, '1&# '\$.-1$# ';'("B*1>.(&# '1*$>& '$2' *2.'
C,&(*))"62 ' 1"-$,.,". ' ($ ' ).,H)-$, ' $#&-L,")&E ' 8. ' >.2.(& ' )&2#"($,.+1$ ' -$,,$2& ' $2'
e))"($2-$E'-.2-&'$2'$1'2J?$,&'($'$#-*("&#&#')&?&'$2'$1'($'.($C-&#E')&2'.)-&,$#'($'
?&(.')&?&'A")8.,('N$,$'$2'#*#':"1.#<'N,$)".';.'2&'$#-H'#&1.'$2'$1'8&,"3&2-$')*1-*,.1'
($' 1.# '>,.2($# ',$:$,$2)".# '; '#$'8.' B"#-&'&+1">.(. '.' )&?C.,-",' $#C.)"& ')&2' $#-&#'
2*$B&#'"2F*"1"2&#')*.2(&'2&'.')$($,')1.,.?$2-$'-$,,$2&'.2-$'$1'"?C.,.+1$'$?C*I$'
($' 1&# '2& '?$2&#'(">2&# ',$)"L2' 11$>.(&#< '42'$1' -$,,$2& '($ '1.'("B*1>.)"62' ;' ($ '1.'
.:")"62'C&C*1.,E'8&;'C&,'8&;'8.'C$,("(&E'$2'$:$)-&E'1.'p+.-.11.q')&2')*1-*,.#')&?&'
4>"C-&E ' F*$ ' 8. ' >$2$,.(& ' *2. ' B$,(.($,. ' $>"C-&?.2K.E ' #*#-$2-.(. ' $2 ' 1. ' )&2-"2*.'
.C.,")"62 ' ($ ' 1"+,&# ' ($ ' -&(.# ' )1.#$#E ' (&)*?$2-.1$#E ' )&1$))"&2$# ' ($ ' :.#)K)*1&#E'
"2)1*"(.'-&(.'*2.'B$,(.($,.'"2(*#-,".'($1'$#&-$,"#?&',$1.)"&2.(&')&2'1&#'p?"#-$,"&#'
"2#&2(.+1$#q'($'1.#'?&?".#'&'1.#'C",H?"($#<'4#-.'&1$.(.'#$',$:1$I.'$2'1.'C*+1").)"62'
$2'$(")"62'($'+&1#"11&'($'*2.'&+,.'-.2'"2*#*.1')&?&'$1'!%$.'#+)#&'/#59).('/'&'$2'$1'
.B.#.11.(&, ' -,"*2:& ' $("-&,".1 ' ($ ' 1.# ' 2&B$1.# ' ($ ' a8,"#-".2 ' 7.)FE ' F*$ ' &)*C.2 ' 1*>.,'
C,$:$,$2-$ ' $2 ' 1&# ' $#).C.,.-$# ' ($ ' *2.# ' 1"+,$,K.# ' F*$ ' #$ '$2)*$2-,.2 ' ?*)8& ' ?$I&,'
#*,-"(.#'$2'1.'.)-*.1"(.('#&+,$'-$?.#'($'4>"C-&'$2'#*#'?"1';'*2.'B.,"$(.($#'F*$'
#&+,$'1.'.2-">*.'N,$)".<
a&2B"$2$'-.?+"L2'F*$'-,.-$?&#'($'$B"-.,'C.,.1$1"#?&#';'$F*"C.,.)"&2$#'F*$'
2& ' ,$#*1-.2 ' I*#-":").+1$# ' ($#($ ' *2. ' C$,#C$)-"B. ' 8"#-6,"). ' ?$(".2.?$2-$ ' #$,".<'
\$2I.?"2'a&2#-.2-'#$C.,.+.';.',.(").1?$2-$'$2'$1'#">1&'di555'1.'$cC$,"$2)".'C&1K-").'
($'1&#'.2-">*&#'($'1.'($'1&#'?&($,2&#<'f2').?"2&'$2'$1'F*$':*$'#$)*2(.(&'C&,'$1'
>,.2 ' -$6,")& ' ($ ' 1. ' ($?&),.)". ' .?$,").2. '01$c"# ' ($ ' T&)F*$B"11$E ' F*"$2 ' ,$1.-. ' 1.'
#">2":").-"B.'.2L)(&-.'($'8.+$,#$'B"#-&'&+1">.(&'.'($B&1B$,'1&#'1"+,&#'($'0,"#-6-$1$#'.1'
.?">&'F*$'#$'1&#'8.+K.'C,$#-.(&'C&,')&2#"($,.,1&'($?.#".(&'.2-">*&'C.,.'#*'>*#-&<'
42 ' #* ' &C"2"62 ' 2& ' 8.+K. ' C&#"+"1"(.( ' .1>*2. ' ($ ' )&?C.,.)"62 ' $2-,$ ' 1.# ' .2-">*.#'
,$CJ+1").# ' ($ ' N,$)". ' ; ' A&?. ' ; ' 1. ' 2*$B. ' ($?&),.)". ' .?$,").2.< ' D. ' "2)*1-*,.'
>$2$,.1"3.(.'($'1.'C&+1.)"62'($'.F*$11&#'-"$?C&#')&2-,.#-.+.')&2'1.'"1*#-,.)"62'($1'
C*$+1&'.?$,").2&E'F*$')&2-.+.')&2'*2'2J?$,&')&2#"($,.+1$'($'C,$2#.'$#),"-.'.'#*'
("#C&#")"62<'4#-&#'>&+"$,2&#'">2&,.,&2'.($?H#'*2'C,"2)"C"&'-.2'$1$?$2-.1'C.,.'$1'
($#.,,&11&'($'1.'C&1K-").'?&($,2.')&?&'$,.'C.,.'T&)F*$B"11$'1.'("B"#"62'($'C&($,$#<'
01>*2&#'($#-.).(&#'8"#-&,".(&,$# ')&2:",?.,&2'$#-.'.)-"-*('-$2($2-$'.',$#.1-.,'1.#'
(":$,$2)".#<'M*#-$1'($'a&*1.2>$#'.(B$,-K.'#&+,$'1&#'C$1">,&#'($')&2:*2(",'$1')&2)$C-&'
;'1.'C,H)-").'($'1.'1"+$,-.('$2-,$'1&#'.2-">*&#')&2'1.#'($'1&#'?&($,2&#E'.1$>.2(&'F*$'
$2'N,$)".'2&'$c"#-K.'1.'1"+$,-.('"2("B"(*.1'#"2&'1.'($'1.')"*(.(<'R$'C,&(*)K.'.#K'*2'
.>*(&')&2-,.#-$'$2-,$'1.'1"+$,-.('($'1&#'.2-">*&#E'$2-$2("(.')&?&'1.'C.,-")"C.)"62'
.)-"B.';')&2#-.2-$'$2'$1'C&($,'C&1K-")&E':,$2-$'.'1.'($'1&#'?&($,2&#E'F*$')&2#"#-K.'
?H#'$2'$1'("#:,*-$'($'*2.'$#:$,.'($'.)-*.)"62'C,"B.(.E'.I$2.E'.1'?$2&#'$2'C,"2)"C"&E'
.'1.#'"2-$,:$,$2)".#'($1'$#-.(&<
T.?+"L2 ' $?C$36 ' 1$2-.?$2-$ ' . ' ($#1*#-,.,#$ ' 1. ' .*,$&1. ' ; ' $1 ' +,"11& ' ($ ' 1.#'
>,.2($# ' ,$.1"3.)"&2$# ' ($ ' 1. ' )*1-*,. ' )1H#").< ' \*,)j8.,(- ' 8.+K. ' $1"?"2.(& ' ($ ' *2'
C1*?.3&'1.'"?.>$2'"($.1"3.(.'($'1.'0-$2.#')1H#").')&?&'1*>.,'"(K1")&'C&+1.(&'C&,'
:"16#&:&#E'.,-"#-.#';'C&$-.#'($)1.,.2(&'#"2',$?"1>&#'F*$'2"2>J2'8&?+,$'C,*($2-$';'
C.)K:")&'8.+,K.'($#$.(&'B"B",'$2'.F*$1'?&?$2-&'$2'$1'F*$'1.'>*$,,.';'1.'$#)1.B"-*('
?.,).+.2 '1.#'C.*-.# '($ '*2 'C.2&,.?. '?*)8&'?H#'#&?+,K&'F*$'$1 'F*$'#$'8.+K.'
"?.>"2.(&'(*,.2-$'?*)8&'-"$?C&<'R"2'$?+.,>&'1.'.(B$,-$2)".'($'\*,)j8.,(-').;6'

!*'

$2'#.)&',&-&E';':*$'2$)$#.,"&'C,&)$($,'.'*2',$)&,(.-&,"&'$2'$#-$'#$2-"(&'C&,'C.,-$'($'
b$-$,'N,$$2'$2'*2'1"+,&')*;&'-K-*1&E '0-)#R-"+'1#'A#(-)#O".(-)(%'2' =D.'#&?+,.'($1'
b.,-$262@E ' C,&)1.?. ' ;. ' 1. ' C&#-*,. ' ),K-"). ' .(&C-.(. ' .1 ' ,$#C$)-&< ' N,$$2 ' C&2$ ' ($'
,$1"$B$'.F*$11&#'.#C$)-&#'($'1.')*1-*,.'.-$2"$2#$'F*$'8.+K.2'F*$(.(&'$2'$1'&1B"(&'$2'
$1'C,&)$#&'($'"($.1"3.)"62'($'1.'LC&).')1H#").';'#*+,.;.'.($?H#'1.'.*#$2)".').#"'
-&-.1 ' ($ ' ),K-"). ' 8.)". ' (")8& ' ?&($1& ' $2-,$ ' 1&# ' $#C$)".1"#-.# ' )&2 ' ?*; ' )&2-.(.#'
$c)$C)"&2$#E ' )&,,&+&,.(.# ' C&, ' 1. ' ,$#&2.2)". ' C.,-")*1., ' F*$ ' 8.2 ' -$2"(& ' .1>*2&#'
.-.F*$# ' C,&)$($2-$# ' ($1 ' $c-$,"&, ' )&?& ' $1 ' ($ ' v.,1 ' b&CC$, ' )&2-,. ' 1. ' "($&1&>K.'
C1.-62").'&'$1'?H#',$)"$2-$'($'S.,-"2'\$,2.1E';.')&?$2-.(&<'D.'C$,B"B$2)".'-$2.3'($'
1&#'-6C")&#'#&+,$'1.'N,$)".')1H#").E')$2-,.(&#'($#($'o"2)j$1?.22'$2'1&#'"($.1$#'($'
1"+$,-.(E ' +$11$3.E ' 2.-*,.1"(.(E ' C$,:$))"62 ' ; ' .,?&2K. ' ; ' #.),.1"3.(&# ' 1*$>& ' C&, ' *2.'
1.,>.'-,.(")"62'.).(L?").'?.;&,"-.,".?$2-$')&2#$,B.(&,.E'8.'-,.#C.#.(&'$1'*?+,.1'
($ ' 1&# ' )K,)*1&# ' .).(L?")&# ' C.,. ' )&2-.>"., ' $#-$ ' ($#?$("(& ' $2-*#".#?& ' . ' &-,&#'
H?+"-&#'?$2&#'$#C$)".1"3.(&#'C$,&')&2'?*)8.'?.;&,').C.)"(.('($')&2B&).-&,".';'
C&($,'($'(":*#"62E')&?&'1&#'C$,"&("#-.#';'$#),"-&,$#'($'C,$#-">"&E'F*$'8.2'.#*?"(&'
)&?& ' C,&C"&# ' $#-&# ' $#F*$?.# ' ;' 1&# ' 8.2 ' .C1").(& ' )&2 ' .+#&1*-. ' 2.-*,.1"(.( ' . ' #*'
B"#"62'>$2$,.1'($'1.#')&#.#<'N,$)".'#">*$'#"$2(&'*2'")&2&'#.>,.(&'($'1.'1"+$,-.(E'1.'
($?&),.)". ' ; ' 1. ' #.+"(*,K.E ' )&?& ' C*$($ ' .C,$)".,#$ ' $2 ' B.,"&# ' ($ ' 1&# ' 1"+,&# ' ($1'
1.*,$.(&'C$,"&("#-.'.?$,").2&'A&+$,-'v.C1.2E'$#C$)".1?$2-$'$2'$1'J1-"?&'.C.,$)"(&'
$2'2*$#-,.'1$2>*.'F*$'11$B.')&?&'#">2":").-"B&'-K-*1& 'H&#.)('.2'#+)#&"#42(%B[)+"+E'.'
C$#., ' ($ ' F*$ ' -,.-. ' ($ ' )*$#-"&2$# ' :*2(.?$2-.1$# ' ; ' ).2($2-$# ' ($ ' 1. ' C&1K-").'
"2-$,2.)"&2.1 ' )&2-$?C&,H2$.< ' v.C1.2 ' )&2#"($,. ' F*$ ' C*$($2 ' .C,&B$)8.,#$ ' 1.#'
1$))"&2$#'&:,$)"(.#'C&,'1&#'8"#-&,".(&,$#'.2-">*&#')&?&'>*K.'.'1.'8&,.'($'.:,&2-.,'1&#'
2*$B&#',$-&#'($1'-"$?C&'$2'F*$'B"B"?&#';'1&#'(":K)"1$#'"2-$,,&>.2-$#'F*$'C1.2-$.'$1'
"2)"$,-&':*-*,&'C&,'B$2",E'&1B"(.2(&'F*"3H'1.#'"?C&,-.2-$#'(":$,$2)".#'F*$'#$C.,.2'$1'
?*2(& '($ '1&#'>,"$>&#'($'1.'?*)8& '?H#')&?C1$I. '#"-*.)"62 '.)-*.1';'1.#'+.,,$,.#'
1$B.2-.(.# ' $2-,$ ' #* ' B"#"62 ' ($1 ' ?*2(& ' ; ' 1. ' 2*$#-,. ' C&, ' $1 ' ),"#-".2"#?& ' ; ' 1.#'
,$B&1*)"&2$#':,.2)$#.E'"2(*#-,".1';'#&B"L-").<'R$'-,.-.E'$:$)-"B.?$2-$E'($'),$$2)".#'
-.2 ' C,&:*2(.?$2-$ ' .,,.">.(.# ' $2 ' 1. ' )&2)"$2)". ' ?&($,2. ' F*$ ' .:1&,.2 ' . ' 1. ' ?H#'
?K2"?.'&C&,-*2"(.('$2':&,?.'($')1")8L#E')&?&'#*)$($E'C&,'$I$?C1&E'$2'*2'C.#.I$'
($1'1"+,&'H2(.)#.9/'/'($'a&1"2'T8*+,&2E'*2&'($'1&#'$#),"-&,$#'($'B".I$'.)-*.1$#'?H#'
)$1$+,.(&#E ' F*"$2 ' -,.# ' )&2-.)-., ' )&2 ' *2 ' >,"$>& ' ,$#"($2-$ ' $2 ' 1. ' .2-">*. ' f2"62'
R&B"L-").'C,&,,*?C$'($':&,?.'$#C&2-H2$.'pt1&#'>,"$>&#':*2(.(&,$#'($'1.'1"+$,-.(uqE'
#"2',$C.,.,'C.,.'2.(.'$2'1.'C,&:*2(.'("#C.,"(.('$c"#-$2-$'$2-,$'.?+&#')&2)$C-&#E'$1'
($'1&#'>,"$>&#';'$1'2*$#-,&<
42-,.'-.?+"L2'($2-,&'($'$#-$'-$,,$2&'1.'?H#'F*$'("#)*-"+1$'.C1").+"1"(.('($'1.'
($2&?"2.(. ' p#.+"(*,K. ' .2-">*.q ' _$2-$2("(. ' ).#" ' #"$?C,$ ' )&?& ' *2. ' #"?C1$'
B.,".2-$ ' ($ ' 1. ' #.+"(*,K. ' >,"$>._ ' )&?& ' ,$?$("& ' "2.C$1.+1$ ' C.,. ' 1&# ' 2*?$,&#&#'
?.1$#'F*$'.F*$I.2'$1'?*2(&';'1.'#&)"$(.('.)-*.1$#E')&2'C,&C*$#-.#'$2'$#-$'#$2-"(&'
-.2'B.,".(.#')&?&'1.'($'iK)-&,'h.2#&2';'7&82'h$.-8E'$cC*$#-.'$2'#*'C&1L?").'1"+,&'
`-' #7%&&)+ # G'5).eQ' (&2($ ' .C*$#-.2 ' C&, ' *2 ' ?H# ' F*$ ' C,&+1$?H-")& ' ,$-&,2& ' . ' 1&#'
.2-">*&#'>,"$>&#E'.'#*'?.2$,.'($'C$2#.,';')&?C&,-.,#$E'C.,-"$2(&'($1'#*C*$#-&'?H#'
F*$'("#)*-"+1$'($'F*$')&?C.,-"?&#')&2'$11&#'1&#':*2(.?$2-&#'($'2*$#-,.')"B"1"3.)"62E'
)&?& ' #&2 ' $1 ' >&+"$,2& ' )&2#-"-*)"&2.1E ' 1. ' 1"+$,-.( ' ($ ' C.1.+,.E ' 1&# ' ($,$)8&#'
"2("B"(*.1$#E'$1')&2-,&1')"B"1'#&+,$'$1'$IL,)"-&E'1.'#$C.,.)"62'$2-,$'.*-&,"(.('C&1K-").';'
,$1">"&#.E'$1'">*.1"-.,"#?&'($'1.')1.#$'?$(".E'1.'C,&C"$(.('C,"B.(.';'1.'1"+$,-.('($'
"2B$#-">.)"62 ' )"$2-K:").< ' 42 ' $#-$ ' ).#&E ' #"2 ' $?+.,>&E ' 1. ' #.+"(*,K. ' >,"$>. ' F*$(.'
$#C$)K:").?$2-$'1"?"-.(.'.'1.'0-$2.#')1H#").E'#&+,$')*;.'"?.>$2'"($.1'#$')&2)$2-,.'

!*(

.($?H#'-&(&'$1'.,#$2.1'.,>*?$2-.-"B&'($'$#-&#'.*-&,$#E'&1B"(.2(&'F*$'1.',$.1"(.('($'
0-$2.#E'+.#-.2-$'(":$,$2-$'($'#*#'C1.2-$.?"$2-&#E'2&'$,.'2"'?*)8&',$C,$#$2-.-"B.'
($1 ' )&2I*2-& ' ($ ' N,$)".E ' )&?& ' ;. ' B"?&# ' $2 ' #* ' ?&?$2-&E ' ; ' #$ ' $F*"C.,.2'
C$1">,&#.?$2-$'1&#'C,"2)"C"&#'($'1.'"($&1&>K.'-,.(")"&2.1'.?$,").2.')&2'1&#'($'*2.'
($?&),.)".'.-$2"$2#$'?*;'1$I.2.'$2'-"$?C&';'$2'1.#')&2)$C)"&2$#'C&1K-").#<
4#$'?"#?&').?"2&E'$1'($'C,&C&2$,'$1',$-&,2&'.'1.'#.+"(*,K.'>,"$>.E'$#'$1'F*$'
8.'$?C,$2("(&'$1':"16#&:&'"-.1".2&'N"&B.22"'A$.1$'$2'*2',$)"$2-$'1"+,&E'(&2($'.+&>.'
C&,'$#)*)8.,'($'2*$B&'p$1'?$2#.I$E',$.1?$2-$')&2#-,*)-"B&'($'1.'#.+"(*,K.'.2-">*.'
)&?& 'B$,(.($,& '-,.-.?"$2-& '($ ' 1&# '?.1$# '($1 ' 8&?+,$ '($ ' 8&;q<' R* ' C,&C*$#-. '#$'
-,.(*)$'$2'*2.',$"B"2(").)"62'($'1.'?$-.:K#").';'#*#'B",-*($#')&?&')&2-,.C&#")"62'.'
1&#'$c)$#&#'($1')"$2-":")"#?&'?&($,2&E'($'1.'C,H)-").'($'1.':"1&#&:K.')&?&'p.,-$'($'
B"B",q ' F*$ ' .(&C-. ' 1. ' C,&+1$?H-"). ' :">*,. ' ($ ' R6),.-$# ' )&?& ' ?&($1& ' ; ' ($ ' 1.'
)&2-$?C1.)"62 ' )&?& ' :"2 ' #*C,$?& ' ($1 ' #$, ' 8*?.2& ' .?C.,H2(&#$ ' $2 ' 1.# ' "($.#'
C1.-62").#';'#*'($#)$2($2)".'C&#-$,"&,'$2'$1'2$&C1.-&2"#?&',$)*C$,.2(&'.#C$)-&#'
-.2'),*)".1$#')&?&'1.'("?$2#"62'&2-&16>").'($'1.'+$11$3.';'1.'1"+$,.)"62'($1'.?&,'($'
#*# ' $2).2-&# ' $c)1*#"B.?$2-$ ' :K#")&#< ' ]*$B.?$2-$ ' A$.1$ ' 8. ' "2)*,,"(& ' $2 ' *2.'
$c)$#"B.'#"?C1":").)"62'($'1.#')&#.#E'($I.2(&'$2'*2'&1B"(&')&2B$2"$2-$';'&C&,-*2&'
.#C$)-&# ' )1.,.?$2-$ ' 2$>.-"B&# ' ($ ' $#-&# ' $1$?$2-&# ' ($ ' 1. ' #.+"(*,K. ' .2-">*.E'
)*"(.(&#.?$2-$'($#>.I.(&#'($'#*'$2-&,2&E'F*$'8.2'&,">"2.(&'#$2(&#'($#?.2$#'$2'
$1 ' )*,#& ' ($ ' 1. ' 8"#-&,". ' ($ ' e))"($2-$E ' -.1$# ' )&?& ' 1. ' -,.*?H-"). ' #$C.,.)"62 ' ($ ' 1.'
,$.1"(.(')&,C&,.1';'#&)".1E')&?&'8.2'#"(&'+"$2'#$%.1.(&#'C&,'b.*'N"1.+$,-'$2'*2.'
?$#*,.(.'),K-").'.'*2'(")-.?$2'-.2',$(*)-"B&<
a"$,-.?$2-$ ' 2& ' C&($?&# ' "?.>"2., ' 1. ' $c"#-$2)". ' ($ ' *2. ' $2-"(.( ' )&?& ' 1.'
p#.+"(*,K.'>,"$>.qE'$2-$2("(.')&?&'*2'-&(&'8&?&>L2$&';')&8$,$2-$E'.'1.'B"#-.'($'1.'
$2&,?$'("B$,#"(.('F*$').,.)-$,"3.+.'-&(.#'1.#'?.2":$#-.)"&2$#'($'1.')*1-*,.'>,"$>.<'
a.+,K.'?H#'+"$2'8.+1.,'$2'-&(&').#&'($'p#.+"(*,K.#'>,"$>.#q'C.,.',$:$,",#$'.'1.#'
(":$,$2-$# ' ; ' . ' ?$2*(& ' )&2-,.(")-&,".# ' :&,?.# ' ($ ' C$2#.?"$2-& ' F*$ ' :*$,&2'
.,-")*1H2(&#$ ' $2 ' $1 ' )*,#& ' ($ ' 1. ' 8"#-&,". ' >,"$>. ' C&, ' C$,#&2.I$# ' s ' $#)*$1.# ' +"$2'
("#-"2-&#E'($')*;&#'.1$>.-&#'$'8"C6-$#"#'#&?&#'"2("#)*-"+1$?$2-$'8$,$($,&#'?H#'&'
?$2&#')&2#)"$2-$#<'R"$?C,$'$#'C&#"+1$';'1$>K-"?&'11$B.,'.').+&'*2.'($-$,?"2.(.'
1$))"62';')&2)$2-,.,'$2'$11.'-&(.'1.':*$,3.';'$1'C&($,'($')&2B"))"62'F*$'($#C1$>.,&2'
$2'#*'?&?$2-&'#*#'B.1$(&,$#E'C$,&'$2'?&(&'.1>*2&'C.,$)$'1$>K-"?&'&-&,>.,1$'$1'
-K-*1&'$c)1*#"B&'($'*2.').-$>&,K.'?H#'.?C1".';'$c)1*;$?$'.'1&'F*$'$,.'-.2'#61&'*2.'
C,&C*$#-. ' ?H# ' ($2-,& ' ($ ' *2. ' C*>2. ' "($&16>"). ' $ ' "2-$1$)-*.1 ' ?H# ' .+"$,-. ' )*;&#'
)&2-$2("$2-$# '#"$?C,$ ' -*B"$,&2 ' C,$#$2-$ ' 1.' $c"#-$2)". ' ($ ' #*# ' .(B$,#.,"&#E ' )&2 ' 1.'
"($. ' ($ ' ,$:*-.,1&# ' ?H# ' F*$ ' ($ ' $1"?"2.,1&# ' ($ ' *2 ' C1*?.3& ' )&?& ' 1.# ' &C)"&2$#'
?&($,2.#'+.#.(.#'$2'(")8.#'(&)-,"2.#'8.2'C&("(&'$#-.,'-$2-.(.#'($'11$B.,'.'$:$)-&<'
D.'#.+"(*,K.'>,"$>.'2&'C*$($'F*$(.,',$(*)"(.'.'*2'#"#-$?.'($'C$2#.?"$2-&'J2")&'$'
"2)*$#-"&2.+1$ ' F*$ ' 2& ' C,$#$2-. ' :"#*,.# ' $2 ' #* ' "2($1$+1$ ' :.)8.(.E ' ;. ' F*$ ' $2 ' 1.'
,$.1"(.('1.'.)-"B"(.('"2-$1$)-*.1'$#-*B&'#"$?C,$'.)&?C.%.(.'($'1.'("#),$C.2)".';'1.'
("B$,#"(.(<'41'C,&C"&'b1.-62E'?&($1&':.B&,"-&'($'A$.1$E')&2:,&2-.+.'$2'#*#'("H1&>&#'.'
1.':">*,.'($'R6),.-$#')&2'1&#'#&:"#-.#')&?&'b,&-H>&,.#E'F*$'#&#-$2K.2'C&#")"&2$#'
)&2-,.,".#'#&+,$'1.#')*$#-"&2$#':*2(.?$2-.1$#'#&?$-"(.#'.'($+.-$<'01'1.(&'($'1.#'
C,&C*$#-.#'?H#'(&>?H-").#';'.*-&,"-.,".# '($'b1.-62'.C.,$)$2 '1&#'C1.2-$.?"$2-&#'
?*)8&'?H#'.+"$,-&#';E'.'#*'?.2$,.E',$B&1*)"&2.,"&#'($'1&#')K2")&#';'$#-&")&#<'4#-$'
"2-$2-& '($ ' ,$(*))"&2"#?& ' ($1 ' C$2#.?"$2-& ' >,"$>& ' . ' *2 ' J2")& ' ?&($1&E ' F*$ ' C*$($'
,$#*1-.,'.($?H#'$cC&,-.+1$')&?&'?$(")"2.'.'2*$#-,.'#&)"$(.('?&($,2.E')&2-"2J.'
.?C.,H2(&#$ ' . ' :"2 ' ($ ' )*$2-.# ' $2 ' 1. ' "?.>$2 ' "($.1 ' ; ' :.1#. ' ($ ' 1. ' N,$)". ' .2-">*.E'

!)*

)&2#-"-*"(.')&?&'C.*-.'"2.C$1.+1$'($'C$2#.?"$2-&';')&2(*)-.E'F*$'8.'F*$(.(&';.'
)1.,.?$2-$ ' C*$#-. ' $2 ' $2-,$(")8& ' . ' -,.BL# ' ($1 ' .2H1"#"# ' ?H# ' #$,"& ' ; ' $c$2-& ' ($'
C,$I*")"&#'11$B.(&'.').+&'$2'-&(.',$>1.'C&,'.1'?$2&#'*2.'C.,-$'($'1&#'$#-*("&#&#'
?&($,2&#<
4#-. '"?.>$2 '"($.1 ';' $#-$,$&-"C.(. '($ '1&#' >,"$>&# ' 8. ' -,.#C.#.(& ' "2)1*#& ' .1'
?*2(&'($'1.'C*+1")"(.(E'(&2($'#$')&2B"$,-$2'$2'$1',$)1.?&'.($)*.(&')*.2(&'#$'
-,.-.'($',$#.1-.,'1.'+$11$3.';'1.'C$,:$))"62'($'*2'&+I$-&'&'($1'C,&C"&')*$,C&'8*?.2'_
,$)*L,($#$'1.'C,&B$,+".1'$cC,$#"62'p+$11$3.'>,"$>.q'&'p)*$,C&'>,"$>&q'C.,.').1":").,'
1. ' 8$,?&#*,. ' $#)*1-*,.1 ' *2. ' C$,#&2._E ' ($ ' ($#-.)., ' $1 ' C,$#-">"& ' )*1-*,.1 ' ($ ' *2.'
"2#-"-*)"62'&'($'*2'C,&(*)-&'&'($'8.)$,'8"2).C"L'$2'$1',$:"2.?"$2-&'F*$'#*C&2$'1.'
*-"1"3.)"62'($'*2'($-$,?"2.(&'C$,:*?$'*'&,2.?$2-&'($)&,.-"B&<'41'?*2(&')1H#")&'$2'
>$2$,.1E ' C$,& ' ?*; ' $2 ' C.,-")*1., ' 1. ' )"B"1"3.)"62 ' >,"$>.E ' #">*$2 ' #"$2(& ' )&2)$+"(&#'
($2-,& ' ($1 ' H?+"-& ' C*+1")"-.,"& ' )&?& ' *2 ' C.#.(& ' .-$?C&,.1E ' $-$,2& ' ; ' ?"#-$,"&#&E'
#"-*.(&':*$,.'C&,')&?C1$-&'($'1&#'C.-,&2$#'8"#-6,")&#'8.+"-*.1$#'F*$'.:$)-.2'.1',$#-&'
($'1.#'LC&).#<'D&'>,"$>&'.C.,$)$',&($.(&'($'*2.'.*,$&1.'($'C,$#-">"&'"2("#)*-"+1$'
C&,'1.'C$,:$))"62E'+$11$3.';'$cF*"#"-$3'($'#*#'?.2":$#-.)"&2$#')*1-*,.1$#E'-.1';')&?&'
#$'8.'C*$#-&'($',$1"$B$'$2'*2',$)"$2-$'$#-*("&'#&+,$'$1'-$?.<'42'$#-$'#$2-"(&'1.'
C*+1")"(.('#$'1"?"-.'-.2'#61&'.',$)&>$,';'.#*?",E')&2'1.'?"#?.'2.-*,.1"(.('.'1.'F*$'
.1*(K.?&#'.2-$#E'1&#'B"$I&#';')&2#-.2-$#'$#-$,$&-"C&#'?.2$I.(&#'$2'1.'"?.>"2.)"62'
)&1$)-"B.'$*,&C$. ';'&))"($2-.1E ',$:,$2(.(&# ').#" '#"2'$c)$C)"&2$# 'C&, '1.'$,*(")"62'
.).(L?").';'*2"B$,#"-.,".<
f2'("#)*,#&',$"-$,.-"B&'F*$'8.'#"(&'-.?+"L2'"2)&,C&,.(&'.'1.'2*$B.'"2(*#-,".'
($1'-*,"#?&')*1-*,.1'F*$'-"$2$'$2'N,$)".'*2&'($'#*#'?H#'($#-.).(&#'($#-"2&#<'T.2-&'
1.# ' >*K.# ' ($ ' B".I$ ' ?H# ' *#*.1$# ' )&?& ' 1&# ' C,&C"&# ' >*K.# ' -*,K#-")&# ' F*$ ' .#*?$2'
)",)*2#-.2)".1?$2-$ ' 1. ' "1*#-,.)"62 ' ?&?$2-H2$. ' ($ ' 1&# ' ?&($,2&# ' B"#"-.2-$# ' ($ ' 1.'
0),6C&1"#'($'0-$2.#',$#.1-.2'.#C$)-&#')&?&'1.'>,.2("&#"(.('($'1.')&2#-,*))"62E'#*'
.,?&2"&#.'$#-,*)-*,.E'1.'C$,:$))"62'($'#*#'1K2$.#'&'1.'+$11$3.'"2)&?C.,.+1$'($'#*#'
$#)*1-*,.#E')&2("?$2-.2(&'$#-.#'.:",?.)"&2$#')&2'.2L)(&-.#'I*>&#.#'$c-,.K(.#'($'
1.'8"#-&,".'&:")".1'&'($'1.'?"-&1&>K.<'e1B"(.2E'#"2'$?+.,>&E'($':&,?.'"2-$2)"&2.(.'&'C&,'
C*,. '">2&,.2)".E '&-,&# ' .#C$)-&# '$#$2)".1$# ' F*$ ')&?C1$?$2-.2 ';'$cC1").2 '.F*$11.'
B"#"62 ' "($.1 ' ($ ' 1.# ' )&#.#E ' )&?& ' $1 ' )&#-$ ' ?.-$,".1 ' ; ' 8*?.2& ' F*$ ' ,$C,$#$2-6 ' 1.'
$(":").)"62'($'1&#'-$?C1&#'($'1.')&1"2.')&2#.>,.(.'.'0-$2$.'&'1.'$c-,$?.'(*,$3.';'
),*$1(.( ' )&2 ' F*$ ' :*$,&2 ' -,.-.(&# ' 1&# ' .1".(&# ' ($ ' 0-$2.#E ' F*$ ' C.,$)K.2 ' ?H#'
.*-L2-")&# ' #J+("-&#E ' #&+,$ ' -&(& ' . ' 1. ' 8&,. ' ($ ' #*+B$2)"&2., ' "2B&1*2-.,".?$2-$ ' 1&#'
.?+")"&#&#'C,&;$)-&#'($'b$,")1$#'&'($'?&#-,.,'#*#',$-")$2)".#'#&+,$'1.')&2B$2"$2)".'
($')&2-"2*.,'($2-,&'($1'"?C$,"&E')&?&',$B$1.2'.1>*2&#').#&#'-.2'$I$?C1.,$#')&?&'
1&#'($'1.'"#1.'($'S$1&#';'($'1.')"*(.('($'S"-"1$2$E'F*$'#*:,"$,&2'1.'?H#'#$B$,.'($'1.#'
,$C,$#"&2$# ' #$>J2 ' ($1.-. ' $2 ' #* ' ,$1.-& ' ($ ' 1&# ' 8$)8&# ' $1 ' .-$2"$2#$ ' T*)K("($#<'
T.?C&)&'#$'($#-.).2'.F*$11&#'.#C$)-&#'?$2&#'$(":").2-$#'($'1.'"2?.)*1.(.':">*,.'
($'b$,")1$#E')*;&#'+,"11.2-$#'("#)*,#&#E'.C.,$2-$?$2-$',$C,&(*)"(&#'C&,'$1'?"#?&'
T*)K("($#E'2&'("#"?*1.2'#*'+$1")"#?&';'#*#'.?+")"&2$#'8$>$?62").#';'.2$c"&2"#-.#'
#&+,$'$1',$#-&'($1'?*2(&'>,"$>&<'g#.'$#'#$>*,.?$2-$'&-,.'8"#-&,".<
D&#'>,"$>&#'2&'$,.2')&?&'2&#&-,&#'$2').#"'2"2>J2'.#C$)-&'.'C$#.,'($'1&#'
"2-$2-&#'($'.)$,).?"$2-&'F*$'#$'8.2'B$2"(&',$.1"3.2(&'($'?.2$,.'"2)$#.2-$'($#($'
-"$?C&#';.'"2?$?&,".1$#'&'($'#*'($#).,.(.'C,&?&)"62')&?&'?&($1&'.'"?"-.,<'D.#'
(":$,$2)".#'#.1-.2'.'1.'B"#-.'C&,'-&(.#'C.,-$#<'!$#($'*2.'-$,?"2&1&>K.')&2)$C-*.1'F*$'
2&'#$'.I*#-.'C.,.'2.(.'.'2*$#-,.#').-$>&,K.#'?$2-.1$#';'F*$'2&'#"$?C,$',$#*1-.':H)"1'
-,.(*)",'&'($#)":,.,'($2-,&'($'2*$#-,&'C,&C"&'#"#-$?.'=$I$?C1&#')&?&'"%(F"E'p).*#.qE'

!))

-V$.%/E'p($#?$#*,.qE '"%+;/E'p,$#C$-&E'B$,>l$23.qE'C*$($2',$#*1-.,'"2(").-"B&#'($'
*2.'1.,>.'1"#-.@'8.#-.'*2.')&2)$C)"62'+"$2'("B$,#.'($'1.#',$1.)"&2$#'$2-,$'1&#'#$c&#E'
($'1.'&,>.2"3.)"62':.?"1".,E'($'1.'.)-"B"(.(',$1">"&#.';'($'&-,.#'-.2-.#'.)-"B"(.($#<'D.'
C,$-$2("(.'#$2#.)"62'($':.?"1".,"(.(')&2'1&'>,"$>&'8.'),$.(&':">*,.#'"2$c"#-$2-$#E'
)&?&'+"$2'8.'#$%.1.(&',$)"$2-$?$2-$'!"$>&'D.23.<']"'$1':"16#&:&E',$C,$#$2-.(&'$2'
1&#'($2&?"2.(&#'C,$#&),H-")&#E'2"'$1'C&$-.'1K,")&E'$2'1.#'C$,#&2.#'($'0,F*"1&)&'&'
T$&>2"#E ' 2" ' $1 ' 8"#-&,".(&,E ' $2 ' 1.# ' ($ ' h$,6(&-& ' & 'T*)K("($#E ' $2)*$2-,.2 ' .($)*.(.'
)&,,$#C&2($2)". ' )&2 ' $#.# ' ?"#?.# ' ).-$>&,K.# ' ?&($,2.#E ' ?H# ' & ' ?$2&# ' +"$2'
($:"2"(.#';'($1"?"-.(.#<'M&,?*1.)"&2$#'?H#'.($)*.(.#')&?&'1.'($'p?.$#-,&#'($'
B$,(.(q'.)*%.(.'C&,'S.,)$1'!$-"$22$'&'.:",?.)"&2$#'-&(.BK.'?.#'($#.:".2-$#')&?&'
1.'1.23.(.'C&,']")&1$'D&,.*c'.1'#$%.1.,'F*$'pT*)K("($#'2&'$#'*2')&1$>.q'.C$2.#'8.2'
-,.#C.#.(& ' $ ' H?+"-& ' ($ ' 1&# ' $#C$)".1"#-.#< ' !$ ' 8$)8&E ' 1.# ' &+,.# ' ($ ' h$#K&(&E ' ;'
bK2(.,&E ' 1&# ' :,.>?$2-&# ' ($ '0,F*K1&)&E ' R.:& ' & ' R&162 ' & ' )&1$))"&2$# ' ?*)8& ' ?H#'
C,&+1$?H-").# ' ($#($ ' $1 ' C*2-& ' ($ ' B"#-. ' ($ ' 1. ' .*-&,K. ' &,">"2.1 ' )&?& ' 1.# ' $1$>K.#'
.-,"+*"(.#'.'T$&>2"#'&'1&#'-,.-.-&#'8"C&),H-")&#'#$'#">*$2'1$;$2(&')&?&'#"'#$'-,.-.,.'
($ ' .*-&,$# ' ?&($,2&#E ' I*3>.(&# ' )&2 ' #"?"1.,$# ' C.,H?$-,&# ' "2-$,C,$-.-"B&# ' F*$'
$#-.+1$)$2'"-"2$,.,"&#'($'"(.';'B*$1-.'$2-,$'1.'B"(.';'1.'&+,.'($'1&#'.*-&,$#E')*.2(&'
#.+$?&#'F*$'$2'$1').#&'($'1&#'.*-&,$#'.2-">*&#'1.#'(*(.#'$'">2&,.2)".#'F*$',&($.2'
$#-$'-"C&'($')*$#-"&2$#'"?C&#"+"1"-.2'*2'-,.-.?"$2-&'#$?$I.2-$'.1'F*$'#$'&-&,>.'.'
.*-&,$# ' )&?& ' N&$-8$E ' R8$11$;E ' b&$ ' & ' N.,)K. ' SH,F*$3E ' )*;.# ' B"B$2)".# ' C*$($2'
8.+$,'F*$(.(&',$:1$I.(.#'$2'#*#'1"+,&#'($'?.2$,.'?*)8&'?H#'"2?$(".-.';'(",$)-.'
($'1&'F*$'#*)$("6'$2'$1').#&'($'1&#'.*-&,$#'>,"$>&#<
b&,'2&')&?C.,-",'$#F*$?.#E'2"'#"F*"$,.'#*')&2)$C)"62'($1'C.#.(&E';'$2')"$,-.'
?$("(.'#*'*-"1"3.)"62'C,H)-").'($'L1E'#$'C.,$)$2'?*)8&'.'1.#'2*$#-,.#E'.'C$#.,'($'1.#'
.C.,"$2)".#'F*$'#"-J.2'.'h$,6(&-&')&?&'C.(,$'($'1.'8"#-&,". ';'.,-K:")$'>$2".1'($1'
2*$B& ' >L2$,&< ' ]& ' ).+$ ' ,$)&,(., ' .F*K ' ($ ' 2*$B& ' 1.# ' "?C&,-.2-$# ' (":$,$2)".# ' F*$'
#$C.,.2'.'1&#'8"#-&,".(&,$#'>,"$>&#'($'1&#'?&($,2&#'C,&:$#"&2.1$#'($'*2.'("#)"C1"2.'
F*$'2*2).'.1).236'-.1'$#-.-*#'$2'1.'N,$)".'.2-">*.<'\.#-$',$)&,(.,'.1>*2&#'($'1&#'
C,&)$("?"$2-&#'$?C1$.(&#'C.,.'1.')&2#-,*))"62'($'#*'?$?&,".'#&)".1E'-.1';')&?&'
:*$,&2'#$%.1.(&#'$2'#*'?&?$2-&'C&,'.1>*2.#'($'1.#'C$,#C").)$#'&+#$,B.)"&2$#'($'
M"21$;E ' )&?& ' $1 '-'..'. # 9"*9%' =p8&,,&, ' .1 ' B.)K&q@E ' F*$ ' 1$# ' "?C*1#.+. ' . ' 1. ' C*,.'
,$),$.)"62'($'1&#'8$)8&#'F*$'">2&,.+.2E'&'1.'"2$#-.+1$';')&2:*#.',$1.)"62'$2-,$'1&#'
H?+"-&#'($1'?"-&';'1.'8"#-&,". '.'1&'1.,>&'($'-&(.'1.'8"#-&,"&>,.:K.'.2-">*.E'C.-$2-$'
($#($'$1',$1.-&'($'h$,6(&-&'8.#-.'8"#-&,".(&,$#'?H#'-.,(K&#')&?&'!"&(&,&'($'R")"1".E'
F*$ ' ($("). ' -&(. ' 1. ' C,"?$,. ' C.,-$ ' ($ ' #* ' 8"#-&,". ' *2"B$,#.1 ' . ' 1. ' 2.,,.)"62 ' ($'
.)&2-$)"?"$2-&#')&2#"($,.(&#'C&,'2&#&-,&#')1.,.?$2-$'($2-,&'($1'-$,,$2&'($1'?"-&<
R"2'$?+.,>&E'C&2$,'1.#')&#.#'$2'#*'#"-"&'2&'$F*"B.1$'2"'?*)8&'?$2&#'.'$)8.,'
C&,'1.'+&,(.'$1'B"$I&'?&($1&E'&')&?&'.:",?.'$1'(")8&'"2>1L#'p-",.,'$1'2"%&'I*2-&')&2'$1'
.>*. ' #*)". ' ($ ' 1. ' +.%$,.q< ' ]& ' #$ ' -,.-. ' -.?C&)& ' ($ ' #*#-"-*", ' $1 ' ?&($1& ' )*1-*,.1'
8$>$?62")& ' & ' ($ ' )&,,$>",1&E ' -,.#C.#.2(& ' 1&# ' ?L,"-&# ' F*$ ' C.,$)K.2 ' 8.#-. ' .8&,.'
C.-,"?&2"&'$c)1*#"B&'($'1&#'>,"$>&#'.'1&#'$>"C)"&#';'&,"$2-.1$#E')&?&'C,$-$2($'\$,2.1'
;'F*"$2$#'?H#'1">$,.?$2-$'8.2'#$>*"(&'#*#'(")-H?$2$#')&2'?*)8&'?$2&,'-.1$2-&E'&'
($',$(*)",'.'1&#'>,"$>&#'.'*2'$#1.+62'?H#'($2-,&'($1'1.,>&'($#:"1$'($'C*$+1&#'F*$'
8.2'("#)*,,"(&'C&,'1.'C.#.,$1.'($'1.'8"#-&,".')&2'$1'?"#?&'($,$)8&'.':">*,.,'$2'#*#'
.2.F*$1$# ' C,"B"1$>".(&# ' F*$ ' +&#F*"?.2&#E ' $#F*"?.1$# ' & ' .+&,K>$2$# ' .*#-,.1".2&#E'
#"2 ' F*$ ' $11& ' "?C1"F*$ ' C.,. ' 2.(. ' 2$>., ' . ' $#-.# ' )*1-*,.# ' #* ' 1*>., ' ($ ' 8&2&,'
)&,,$#C&2("$2-$'$2'$1'($#.,,&11&'($'1.')*1-*,.'8*?.2.'$2'>$2$,.1<'D&#'>,"$>&#E'2&#'
>*#-$ ' & ' 2&E ' 8.2 ' $I$,)"(& ' *2 ' )1.,& ' C,$(&?"2"& ' $2 ' $1 ' ($#.,,&11& ' ($ ' 1& ' F*$'

!)!

($2&?"2.?&# ' )"B"1"3.)"62 ' &))"($2-.1E ' ; ' #* ' )*1-*,.E ' "2-$,C,$-.(. ' ($ ' :&,?. ' ?H# ' &'
?$2&#')&,,$)-.E'8.')&2(")"&2.(&'2*$#-,&'"?.>"2.,"&'($#($'$1'A$2.)"?"$2-&<'].("$'
C&(,K.'2$>.,'F*$'#*#')&2-,"+*)"&2$#E'+"$2'#$')&2#"($,$2'C1$2.?$2-$'&,">"2.1$#'&'
($,"B.(.#'($'1.'.(.C-.)"62';'.#"?"1.)"62'($'C&#-*1.(&#';')&2)$C)"&2$#'.2-$,"&,$#E'
8.2',$#*1-.(&'($)"#"B.#'$2'$1')*,#&'($'1.'8"#-&,".<'A$)&2&)$,'#*'$#C$)".1'C&#")"62'
($2-,& ' ($ ' *2 ' )&2-$c-& ' 8"#-6,")& ' ?*)8& ' ?H# ' .?C1"& ' ; ' )&?C1$I& ' ($ ' 1& ' F*$ ' 1.#'
)&2)$C)"&2$# ' ,&?H2-").# ' ($1 ' p?"1.>,& ' >,"$>&q ' 8.+K.2 ' "?.>"2.(&E ' )&?& ' $1'
#*,>"?"$2-&'($'1.'2.(.'$2'?$("&'($'*2'&1K?C")&'."#1.?"$2-&E';'-&?.,')&2)"$2)".'($'
1.# ' (":$,$2)".#E ' $2 ' &).#"&2$# ' C,&:*2(.# ' ; ' ).#" ' #"$?C,$ ' #">2":").-"B.#E ' F*$ ' 2&#'
#$C.,.2'($'$11&#'2&'-"$2$'C&,'F*L'"?C1").,'F*$'">2&,$?&#'($#).,.(.?$2-$'1.'($*(.'
"?C.>.+1$'F*$'-$2$?&#'-&(.BK.'8.)".'$11&#'&E'.1'?$2&#E'8.)".'*2&#')*.2-&#'($'#*#'
?H#'"1*#-,$#'C$2#.(&,$#E'C&$-.#';'.,-"#-.#<
]&'$#'L#-$'$1'?&?$2-&'C.,.'C,&)$($,'($'2*$B&'.1',$)*$2-&'$c8.*#-"B&'($1'
1$>.(&'>,"$>&E'$1.+&,.(&'$2'#*'(K.'C&,'#",'A")8.,('D"B"2>#-&2$';',$2&B.(&'($#C*L#'
)&2'?$I&,'),"-$,"&'8"#-6,")&';'?$2&,$#'(&#"#'($'"($.1"#?&'C&,'M"21$;E'&'-&(.BK.'?H#'
,$)"$2-$?$2-$ ' ($ ' *2. ' ?.2$,. ' .1>& ' ?H# ' "2:&,?.1 ' C$,& ' 2& ' ?$2&# ' )$,-$,. ' ;'
)&2-*2($2-$'C&,'e1"B$,'T.C1"2<'D.'($*(.'C.,.')&2'1&#'>,"$>&#',$#*1-.'$B"($2-$'$2'
).#"'-&(&#'1&#'-$,,$2&#E'($#($'.1>*2&#'$1$?$2-&#'$c-,.K(&#'($'1.'-$&,K.'C&1K-").';'1.#'
)&2)$C)"&2$#'.,F*"-$)-62").#'8.#-.'),$.)"&2$#'C,&C".?$2-$'#*;.#')&?&'1.':"1&#&:K.'
;').#"'-&(&#'1&#'>L2$,&#';':&,?.#'1"-$,.,"&#<'i.?&#'.'1"?"-.,2&#'.F*K'.'($#-.).,'($'
$2-,$ ' -&(&# ' $11&# ' J2").?$2-$ ' (&# ' .#C$)-&#E ' *2&E ' $1 ' ($1 ' 1$2>*.I$E ' $2 ' $1 ' F*$ ' *2.'
:.?"1".,"(.(').#"'.-HB").')&2'.1>*2&#'($'#*#'-L,?"2&#';'#*'"2)1*#"62'"2)&2#)"$2-$'
($2-,&'($1'*#&')&-"(".2&'C*$($2'8.+$,').?*:1.(&'"2I*#-.?$2-$'#*')&2-,"+*)"62'$2'
$#-$').?C&W'&-,&E'$1'($'1.')"$2)".E'(&2($'#$'8.'C,&(*)"(&'C,&+.+1$?$2-$'$1'?.;&,';'
?H#'$B"($2-$'("#-.2)".?"$2-&'$2-,$'1&#'>,"$>&#';'2&#&-,&#E')&2B$,-"(&').(.'B$3'?H#'
>,.)".#'.1'(&?"2"&'.+#&1*-&'($'1.'-$)2&1&>K.'$2'*2'.+"#?&'"2#&2(.+1$'F*$',$#*1-.'
C,H)-").?$2-$'"?C&#"+1$'($'#.1B.,<
A$#*1-.'"?C$2#.+1$'"?.>"2.,'1.')")16C$.'-.,$.E')&2-,.,".'.($?H#'.1'C,"2)"C"&'
:*2(.?$2-.1 ' ($ ' 1. ' $)&2&?K. ' ($1 ' 1$2>*.I$E ' F*$ ' 8.+,K. ' #*C*$#-& ' 1. ' ),$.)"62 ' ($'
2*$B.#'($#">2.)"&2$#'C.,.'-&(.'1.'#$,"$'($'("#)"C1"2.#E'&+I$-&#E'C,&(*)-&#'$'"($.#'
=$11.';.'C&,'#K'#&1.'$#'*2.'C.1.+,.'>,"$>.@'F*$'8.2'"(&'8.)"$2(&'.)-&'($'.C.,")"62'$2'
$1')*,#&'($1'-"$?C&'#"2'1.'"?C&2($,.+1$'.;*(.'($'1.'1$2>*.'>,"$>.E'F*$'$2'?*)8&#'
).#&#'2&#'8.'C,&C&,)"&2.(&';.':.)-*,.(&#'+*$2.'C.,-$'($'$#-&#'-L,?"2&#';'$2'&-,&#'
($ ' 2*$B& ')*%& ' 8. ' )&2-,"+*"(& ' . ')&2#-,*",1&# ' ?$(".2-$ ' 1. ' $c-,.&,("2.,". ' ,"F*$3. ' ;'
:1$c"+"1"(.( ' ($ ' #*# ' ,.K)$# ' ; ' #*:"I&#< ' b&, ' ?$2)"&2., ' -.2 ' #61& ' *2&# ' )*.2-&# ' ;'
#">2":").-"B&# ' -L,?"2&# ' 8.+"-*.1$# ' ($ ' 1. ' B"(. ' ?&($,2.E ' #&2 ' >,"$>&# ' 1. ' C&1K-").E ' 1.'
-H)-").E'1.'$#-,.-$>".E'1.'L-").E'1.'.,"#-&),.)".E'1.'($?&),.)".E'1.'.2.,F*K.E'1.'8"#-&,".E'
1.#'?.-$?H-").#E'1&#'#K?+&1&#E'$1')1"?.E'1.'("$-.E'1.'2&#-.1>".E'1&#'.,&?.#E'1.'8"#-$,".E'
1&#'-,6C")&#E'1.'",&2K.E'1.'$#)*$1.E'1&#'C&$-.#E'$1'(,.?.E'1.'-,.>$(".';'1.')&?$(".E'$1'
)"2$E' 1. '?J#").E '1.' ?$1&(K.E' 1&# '.),6+.-.#E '1.' &,F*$#-.E' 1. '),K-").E'1.' :&-&>,.:K.E ' 1.'
:K#").E ' 1. ' 8"(,H*1"). ' & ' $1 ' H-&?&< ' N,.)".# ' .1 ' >,"$>& ' ($#">2.?&# ' $2:$,?$(.($# ' &'
(&1$2)".# ' )&?& ' 1. ' $#F*"3&:,$2".E ' 1. ' 8$C.-"-"#E ' 1. ' 8$?&,,.>".E ' 1. ' )$:.1$.E ' 1.'
).,("&C.-K.E ' 1. ' .,-,&#"# ' & ' $1 ' >1.*)&?.E ' C&, ' 2& ' $c-$2($, ' 1. ' 1"#-.< ' D&# ' >,"$>&#'
($2&?"2.,&2'-.?+"L2'$1'?*2(&'C.,.'2&#&-,&#'$B"-H2(&2&#'1.'-.,$.'($'"2B$2-.,'&'
.)*%., ' ($#">2.)"&2$# ' .($)*.(.#E ' C&, ' 1& ' F*$ ' #$>*"?&# ' 8.+1.2(& ' ($ ' 4*,&C.E ' ($'
0#".E'($'D"+".E'($'02.-&1".E'($'4>"C-&E'($'S$#&C&-.?".E'&'($':$2")"&#E')$1-.#E'-,.)"&#E'
$#)"-.# ' & ' "+$,&#< ' a.#" ' -&(. ' 1. ' -$,?"2&1&>K. ' 1"2>lK#-"). ' $# ' -.?+"L2 ' >,"$>.E ' )&?&'
>,.?H-").E'1Lc")&E':&2L-").E'?&,:&1&>K.E'#"2-.c"#E'#$?H2-").E':,.#$';'8.#-.'1.'C,&C".'

!)"

C.1.+,.'_.*2F*$'.'-,.BL#'($1'1.-K2_E's'C.,.')&1?&'($:$2($?&#'1.').1"(.('($'1.'
1$2>*. ')&2'-L,?"2&#'#.).(&# '($1'>,"$>&')&?&'+.,+.,"#?& '=$1'F*$'8.+1.'?.1'*2.'
1$2>*.E ' -.1 ' ; ' )&?& ' $,. ' #* ' #$2-"(& ' &,">"2.,"&@ ' ; ' #&1$)"#?& ' =$1 ' F*$ ' 8.)$ ' *2.'
)&2#-,*))"62':.1#.E'($'1.':&,?.'($'8.+1.,'($'1.')"*(.('#$?">,"$>.'($'R&1&#'$2'0#".'
S$2&,@<
42'$1'-$,,$2&'($'1.')"$2)".E'$#'?.2":"$#-.'1.'("#-.2)".';'$1'C,&>,$#&'F*$'2&#'
#$C.,.2'($'1&#'>,"$>&#')&2'-$&,K.#':K#").#E')&?&'1.'($'1.',$1.-"B"(.(E'F*$'.F*L11&#'
I.?H#'8.+,K.2'11$>.(&'.'"?.>"2.,E'&'$1'($#.,,&11&'"?C.,.+1$'($'1.'"2B$#-">.)"62';'1&#'
)&2&)"?"$2-&#'$2'1.#')"$2)".#'+"&16>").#'=$1'>$2&?.E'1.')1&2.)"62<<<@';'*2&#'.B.2)$#'
-$)2&16>")&# ' .C1").(&# ' . ' 1. ' ?$I&,. ' )&2#-.2-$ ' ($ ' 1. ' ).1"(.( ' ($ ' B"(. ' F*$ ' 8.+,K.2'
,$#*1-.(&'#&,C,$2($2-$#';'&#.(&#'.'F*"$2$#'2*2).'C,$&)*C6'#$,".?$2-$'$#-.':.)$-.'
C,H)-").';'$2')&2#&2.2)".'#61&'($#.,,&11.,&2'"2>$2"&#'-L)2")&#'C&,'?$,&'("B$,-"?$2-&'
& ' )&2 ' :"2.1"(.( ' ?"1"-.,< ' D. ' #$C.,.)"62 ' ($:"2"-"B. ' #$ ' "2")"6 ' $2 ' $1 ' #">1& ' di55 ' )&2 ' $1'
($#.,,&11& ' ($ ' 1.# ' )"$2)".# ' $c.)-.# ' ; ' $2 ' C.,-")*1., ' ($ ' 1.# ' ?.-$?H-").# ' -,.# ' 1.'
,$B&1*)"62').,-$#".2.<'R"2'$?+.,>&E'$#-.')",)*2#-.2)".'2&'($I6'$2'$1'?H#')&?C1$-&'
($'1&#'&1B"(&#'.'1&#'?&($1&#'>,"$>&#E';.'F*$'#$',$)&2&)K.';'.(?",.+.'#*'B">&,&#.'
$cC,$#"62'$2'$#-$').?C&';'#*':.1-.'($'C,$I*")"&#'",,.)"&2.1$#<'R$'($#-.).+.'1.':&,?.'
($',.3&2.?"$2-&'?H#'.>*(.'($'1&#'>,"$>&#';'#*'.(.C-.)"62'.'1.#')"$2)".#'.C1").(.#'
:,$2-$ ' . ' 1&# ' ?*)8& ' ?H# ' ($2#&# ' C,&)$#&# ' ?$2-.1$# ' ($ ' 1&# ' ,&?.2&# ' & ' ($ ' 1&#'
$#-*("&#&#'?$("$B.1$#<'D.'.(?",.)"62';'$1',$)&2&)"?"$2-&'2&'8.2':.1-.(&'-.?C&)&'
C&#-$,"&,?$2-$E ' "2)1*#& ' $2 ' $1 ' #">1& ' ddE ' )*.2(& ' ?.-$?H-")&# ' )&?& ' o8"-$8$.(E'
)&.*-&, ' )&2 ' \$,-,.2( ' A*##$11 ' ($ ' 1&# 'O.%2*%6%" # 5"(-)5"(%*"E ' .:",?.+.2 ' *2 ' C&)&'
$c.>$,.(.?$2-$'F*$'1.'8"#-&,".'($'1.':"1&#&:K.'2&'C.#.+.'($'#$,'*2')&?$2-.,"&'.'C"$'
($'CH>"2.'($'b1.-62E'&')*.2(&'*2'"1*#-,$':K#")&')&?&'4,["2'R)8,6("2>$,E'.*-&,'$2-,$'
&-,.#')&#.#'($'1.'-$?"(.';')L1$+,$'$)*.)"62'($'&2(.#'.($?H#'($'C,$?"&']&+$1'($'
MK#").E'$1&>"6'1.')"$2)".';'1.':"1&#&:K.'>,"$>.#'$2'#*'1"+,&'-"-*1.(&'!"#>"(9."&)N"#3#&'/ #
B.%)B'/< ' e-,& ' C,$?"& ' ]&+$1 ' ($ ' MK#"). ' ?H# ' ,$)"$2-$E ' ($ ' UZXXE ' D$62 ' D$($,?.2E'
(",$)-&,'($1'M$,?"1.+'=$1')$2-,&'($'"2B$#-">.)"62'($':K#").'($'.1-.'$2$,>K.@E',$)&2&)K.'
)&2 ' .(?",.)"62 ' $1 ' "?C*1#& ' F*$ ' 1&# ' >,"$>&# ' ("$,&2 ' $2 ' $1 ' -$,,$2& ' ($ ' 1. ' )"$2)". ' .1'
8.+$,#$ ' C1.2-$.(& ' 1. ' C,"?$,. ' )*$#-"62 ' )"$2-K:"). ' .)$,). ' ($1 ' :*2)"&2.?"$2-& ' ($1'
?*2(&';'8.+$,'8.+"1"-.(&'*2')&2)$C-&')&?&'$1'($'7;/5'/'=&,($2@'C.,.'"2")".,'.'#*'
?.2$,.'$1').?"2&'($'1.#'$cC1").)"&2$#'C&#-$,"&,$#<
0*2F*$ ' ?*)8&# ' ($ ' #*# ' )&2&)"?"$2-&# ' ; ' $#C$)*1.)"&2$# ' C,&B$2K.2 ' ($ ' 1.#'
)*1-*,.#'($1'b,6c"?&'e,"$2-$E'1.':&,?.'$2'F*$'#*,>"6'1.':"1&#&:K.'$2'N,$)".'2&'-"$2$'
C.,.1$1&'$2'&-,&'1*>.,<'D&#').*#.2-$#'($'$#-.',$B&1*)"62'($)"#"B.'$2'1.'8"#-&,".'($1'
C$2#.?"$2-&':*$,&2'F*"3H':.)-&,$#')&?&'$1'-.1$2-&'C.,-")*1.,'($'.1>*2&#'"2("B"(*&#'&'
1. ' C$)*1"., ' $#-,*)-*,. ' #&)".1 ' $2 ' ?$("& ' ($ ' 1. ' F*$ ' B"BK.2E ' #"2 ' ?&2.,).# ' .+#&1*-&#'
$F*"C.,.(&# ' . ' 1. ' ("B"2"(.( ' 2" ' C&($,&#.# ' ).#-.# ' #.)$,(&-.1$# ' F*$ ' $I$,)K.2 ' $1'
?&2&C&1"&'($1'#.+$,<'42'$1').?C&'($'1.#'?.-$?H-").#'1&#'>,"$>&#'($#.,,&11.,&2'*2.'
:&,?.'($'($?&#-,.)"62'($(*)-"B.'-&-.1?$2-$'2*$B.';'b.,?L2"($#').C-6'*2'C,"2)"C"&'
F*$ ' (&?"2. ' 8.#-. ' 1. ' .)-*.1"(.( ' 2*$#-,. ' B"#"62 ' ($1 ' ?*2(& ' :K#")&E ' $1 ' C,"2)"C"& ' ($'
)&2#$,B.)"62'F*$'.'-,.BL#'($'1.'(*.1"(.('$2'?.#.';'$2$,>K.'$#-.+1$)$'F*$'2.(.'
C*$($'),$.,#$'($'1.'2.(.';'2.(.'C*$($'($#-,*",#$'#"?C1$?$2-$<'41',$#C$-&'8.)".'
$#-&#'C$2#.(&,$#'.-,$B"(&#';'&,">"2.1$#'#">*$'#"$2(&'1.')&2#-.2-$'$2-,$'1&#'>,.2($#'
)"$2-K:")&#'($'1.'.)-*.1"(.(E';'.'C$#.,($'#*'"2>$2*"(.(';'($'#*#'("#1.-$#'2&'$#-H'($'
?H#',$)&,(.,'#*')&2-,"+*)"62E'C&,'?K2"?.'F*$'L#-.'C*$(.'C.,$)$,'8&;'(K.E'-.?+"L2'
($2-,& ' ($ ' $#-$ ' ).?C&< ' R"2 ' $?+.,>& ' 2& ' )&2B"$2$ ' &1B"(., ' -.?C&)& ' $1 ' C,&)$#& ' ($'
#$1$))"62'($'.:"2"(.($#'F*$'8.'?$(".-"3.(&'2*$#-,.'C$,)$C)"62'($'1.')"$2)".'>,"$>.E'

!)#

?$(".2-$ ' $1 ' )*.1 ' #$ ' 8. ' -$2("(& ' #"$?C,$ ' . ' ,$#.1-., ' 1&# ' .#C$)-&# ' ,.)"&2.1"#-.# ' ;'
$?CK,")&#E'F*$',$:1$I.2'*2.')"$,-.')&2-"2*"(.(')&2'1.'C,H)-").'?&($,2.E';'.'($I.,'$2'
$1'&1B"(&'.F*$11&#'&-,&#'?$2&#'.:"2$#'.'2*$#-,.#')&2)$C)"&2$#E')&?&'1.'"2)"($2)".'
"2$B"-.+1$ ' ($ ' ($-$,?"2.(.# ' ),$$2)".# ' C&C*1.,$# ' ; ' ,$1">"&#.# ' $2 ' *2 ' ("#)*,#&'
$#$2)".1?$2-$'8$-$,&>L2$&'F*$'#$'($#.,,&116E')&?&'-&(&'$1'C$2#.?"$2-&'>,"$>&E'.'
-,.BL#'($'*2'B">&,&#&'($+.-$'$2-,$'C*2-&#'($'B"#-.'&C*$#-&#<'i.1>.')&?&'$I$?C1&'1.'
)&2)$2-,.)"62 ' ).#" ' $c)1*#"B. ' #&+,$ ' 1&# ' .#C$)-&# ' ?$-&(&16>")&# ' ; ' $?CK,")&# ' ($1'
)&,C*#'8"C&),H-")&'$2'($-,"?$2-&'($'.F*$11&#'&-,&#'($').,H)-$,'",,.)"&2.1E':&1)16,")&'&'
?H>")&E'F*$'.'C$#.,'($'#$,'?*)8&'?H#'.+*2(.2-$#')8&).2')&2'2*$#-,.'#$2#"+"1"(.('
p)"$2-K:").q'.)-*.1<
A$)&2&)"(.'2*$#-,.'($*(.')&2'1&#'>,"$>&#E'2&').+$'&1B"(.,'-.?C&)&'.1>*2.#'
&-,.#')&2#"($,.)"&2$#'F*$'8.)$2'($'#*'C,$#$2)".'$2-,$'2&#&-,&#'?H#'*2.'2$)$#"(.('
F*$'*2'1*I&E'&'.1'?$2&#'*2'1*I&'F*$'($+$?&#';'2&#'C&($?&#'C$,?"-",<'D.'8"#-&,".'($'
N,$)".'2&#'&:,$)$'-&(.'*2.'$cC$,"$2)".'8"#-6,").'#"2>*1.,E'F*$';.':*$'.C,&B$)8.(.'.'
#* ' ?.2$,. ' . ' -,.BL# ' ($ ' 1.# ' "2">*.1.+1$# ' +"&>,.:K.# ' ($ ' 1&# ' C$,#&2.I$# ' ?H#'
#&+,$#.1"$2-$# ' ($ ' b1*-.,)& ' $2 ' -"$?C&# ' -.2 ' ($)"#"B&# ' ($ ' 1. ' 8"#-&,". ' )&?& ' 1.'
A$B&1*)"62'M,.2)$#.'&'1.'.?$,").2.'C$,&'F*$'C*$($'.)-*.1"3.,#$'C$,:$)-.?$2-$'.'
2*$#-,. ' #$2#"+"1"(.( ' .)-*.1E ' ?$2&# ' C,&C$2#. ' . ' 1. ' "?"-.)"62 ' #$,B"1 ' ($ ' 1&# ' >,.2($#'
$I$?C1&# ' ($1 ' C.#.(& ' )&?& ' C.,.(">?.# ' ?&,.1$#< ' D. ' ),$.)"62 ' ($ ' *2 ' #"#-$?.'
)&?*2"-.,"& ')&?&'1.'C&1"#E')&2'-&(&#'#*#'?"#-$,"&#'$'"2-$,,&>.2-$#E'1&#'$#:*$,3&#'
($#C1$>.(&#'C.,.'#*')&2#$,B.)"62'?$(".2-$'-&(&'-"C&'($',$:&,?.#'$'"2#-"-*)"&2$#E'$1'
:",?$ ' ($#$& ' ($ ' "2-$>,., ' ($2-,& ' ($ ' $#-.# ' "2#-"-*)"&2$# ' $1 ' $#CK,"-* ' :*$,-$?$2-$'
)&?C$-"-"B& ' =$1 ' :.?&#& '"B'2E ' )*;. ' ?$I&, ' ($:"2")"62 ' ($+$?&# ' . ' \*,)j8.,(-@E ' 1.'
$cC$,"$2)".'(".,".'($'*2.'($?&),.)".',.(").1'&'?&($,.(.')&2'-&(.#'#*#'B$2-.I.#'$'
"2)&2B$2"$2-$#E ' ).C.3 ' -&(.BK. ' ($ ' #*#)"-., ' $1 ' $1&>"& ' & ' 1. ' "2F*"2. ' B"#)$,.1 ' ($ ' 1&#'
?&($,2&#E ' $1 ' $2:,$2-.?"$2-& ' ($:$2#"B& ' )&2 ' *2 ' >,.2 ' "?C$,"& ' )&?& ' $1 ' C$,#.E'
($#C,&B"#-& ' $#& ' #K ' ($ ' #*# ' )&22&-.)"&2$# ' 8$,&").# ' ; ' ($ ' #*# ' $1$?$2-&#'
C,&C.>.2(K#-")&# ' ?H# ' $B"($2-$#E ' 1. ' C,&C". ' $cC.2#"62 ' ($ ' 1. ' )*1-*,. ' >,"$>. ' C&,'
(":$,$2-$# '-$,,"-&,"&#E '-.2-& '$2 '$1 'C$,K&(& '.,).")&')&?& '$2'$1 '8$1$2K#-")&E ')&2'#*#'
(":$,$2-$#'?&(.1"(.($#'($'"2)"($2)".'$2'1.#')"B"1"3.)"&2$#'"2(K>$2.#E'1.'$?$,>$2)".'
($'*2'#$2-"?"$2-&'C.28$1L2")&E'.*#C")".(&'.'B$)$#'C&,'"2-$,$#$#'"?C$,".1"#-.#'C$,&'
F*$ ' .).+6 ' ).1.2(& ' $2 ' .?C1"&# ' #$)-&,$# ' ($ ' 1. ' C&+1.)"62 ' >,"$>.E ' ; ' 1&# ' #*)$#"B&#'
"2-$2-&# ' "($&16>")&# ' ; ' 1"-$,.,"&# ' C&, ' ($:"2",1&E ' ($#($ ' 1. 'K+%/)" #8&?L,"). ' 8.#-.'
b.*#.2".#E')&2#-"-*;$2'$1$?$2-&#'($',$:1$c"62';'.2H1"#"#'?H#'F*$'#*:")"$2-$#')&?&'
C.,.'I*#-":").,'$1'8$)8&'($'F*$'C,$#-$?&#'.-$2)"62'.'1.'8"#-&,".'>,"$>.'.2-">*.')&2'
.:.2$#'$(*).-"B&#'F*$'C*$(.2',$C$,)*-",'$2'2*$#-,.'B"(.'(".,".E'.'2"B$1'"2("B"(*.1';'
)&1$)-"B&<'D&#'>,"$>&#'C&#$;$,&2'-.?+"L2'*2.'1"-$,.-*,.'($'.1-.').1"(.(E'.*2F*$'2&'
2$)$#.,".?$2-$ ' #*C$,"&, ' . ' 1.# ' 1"-$,.-*,.# ' ?&($,2.#E ' )&?& ' #$ ' C,&)1.?6 ' ($#($ ' $1'
A$2.)"?"$2-& ' )&2 ' $B"($2-$# ' C,$I*")"&# ' 8.)". ' &-,.# ' ,$.1"3.)"&2$# ' ($ ' )&,-$ ' ?$2&#'
)1.#")"#-.<'T.?C&)&'-&(&'1&'F*$'$#-H'$#),"-&'$2'>,"$>&E'C&,'#*'#&1.')&2(")"62E'$#-H'
$c$2-&'($'($:$)-&#'($')*.1"(.('&'C,$#$2-.'?&-"B&#'($'"2("#)*-"+1$'"2-$,L#E')&?&'#$'
8.'#&#-$2"(&'8.#-.'8.)$'+"$2'C&)&<']&')&2B"$2$'&1B"(.,'1.')&2(")"62'$2'F*$'#$'8.2'
p)&2#-,*"(&q'($-$,?"2.(.#'&+,.#')&?&'1.#';.'?$2)"&2.(.#')&1$))"&2$#'-$&>2"($.'$'
8"C&),H-").E '$1 ')&,C*# '.,"#-&-L1")& ' &'1&#' C,&C"&# 'C&$?.# '8&?L,")&#E '$2 '1&#'F*$' 1.'
?.2&'&,">"2.1'($'1&#'.*-&,$#'F*$(.'-.2'1$I&#'F*$'2&#')&2:&,?.?&#')&2',$?&2-.,2&#'
. '1. ' 8&,. ' ($ ' ,$#-"-*", '$1 ' ?$I&, ' -$c-& ' C&#"+1$ ' . ' #*# ' ,$)&C"1.(&,$# ' 8$1$2K#-")&#< 'R"2'
$?+.,>&E'1.'"?C&,-.2)".';'1.'"2:1*$2)".'($'.1>*2.#'($'1.#'C,"2)"C.1$#'&+,.#'($'1.'
1"-$,.-*,.'>,"$>.'($2-,&'($1')&2I*2-&'($'1.'1"-$,.-*,.'*2"B$,#.1'#&2'"2(*(.+1$#<'\.#-.'

!)$

(.,'*2'B"#-.3&'.1'K2(")$'($1'1"+,&'($'!.B"('!$2+;E'!'/#B."2+)/#&%$.'/E'(&2($'#$'2.,,.'
1.'$cC$,"$2)".'$(*).-"B.'($'*2'),K-")&'F*$E'$2'*2'?&?$2-&'($'),"#"#'($'"($2-"(.(E'
($)"($ ' ,$-&,2., ' . ' 1.# ' .*1.# ' *2"B$,#"-.,".# ' . ' *2. ' $(.( ' ?.(*,. ' $2 ' +*#). ' ($ ' 1.#'
>,.2($# ' &+,.# ' F*$ ' 8.2 ' :&,I.(& ' 2*$#-,. ' B"#"62 ' ($1 ' ?*2(&< ' 42-,$ ' 1&# ' OX ' .*-&,$#'
#$1$))"&2.(&#E ' 2.(. ' ?$2&# ' F*$ ' &)8& ' C$,-$2$)$2 ' . ' 1. ' 1"-$,.-*,. ' >,"$>. ' .2-">*.E'
($#($ ' h&?$,& ' 8.#-. ' b1.-62 ' C.#.2(& ' C&, ' R.:& ' ; ' 1&# ' -,$# ' >,.2($# ' -,H>")&#< ' 41'
$c-,.&,("2.,"&'.-,.)-"B&'($'$#-.#'&+,.#E',$),$.(.#';',$$1.+&,.(.#'-.2-.#'B$)$#'8.#-.'
1.#'B$,#"&2$#'?H#',$)"$2-$#'($'(&#'C,$?"&#']&+$1')&?&'1&#'C&$-.#'!$,$j'o.1)&--';'
R$.?*#'h$.2$;E'8.+1.'C&,'#K'#&1&'.'-,.BL#'($'1.'"2#"#-$2-$'C$,B"B$2)".'($'#*#'-$?.#'
;'C$,#&2.I$#'.'1&'1.,>&'($'-&(&#'1&#'-"$?C&#<'h.;'"2)1*#&'F*"$2'8.'#&#-$2"(&'?*;'
,$)"$2-$?$2-$ ' F*$ ' $2 ' 1. ' 1"-$,.-*,. ' >,"$>. ' #$ ' $2)*$2-,.2 ' .1>*2&# ' ($ ' 1&# ' ?H#'
($#-.).(&#',$1.-&#':*2(.)"&2.1$#'($'1.':"))"62'*2"B$,#.1E'-,.#1.(.(&#'1*$>&'.1')"2$'
)&2 ' )*,"&#&#E ' ; ' . ' B$)$# ' $#-,.?+6-")&#E ' ).?*:1.I$#< ' R&2E ' $2 ' ($:"2"-"B.E ' B&)$#'
C&($,&#.# ' F*$ ' 2&# ' 11$>.2 ' ($1 ' C.#.(&E ' ($ ' *2 ' -"$?C& ' ,$?&-& ' ; ' ("#-.2-$E ' . ' B$)$#'
"2)1*#&'($1'-&(&'.I$2&'.'2*$#-,.#'"2F*"$-*($#';'C,$&)*C.)"&2$#E'C$,&'F*$')&2'1.'
:*$,3. ' "?C$-*&#. ' ($ ' #*# ' ?$2#.I$# ' 2&# ' C$,?"-$2 ' ,$$2)&2-,., ' &).#"&2.1?$2-$ ' 1.'
+$11$3. ' #&,C,$2($2-$ ' ($ ' 1.# ' C.1.+,.# ' & ' 1. ' )&2-*2($2)". ' $?&)"&2.1 ' F*$ ' C&#$$2'
.1>*2&#'B$,#&#'"2?&,-.1$#')&?&'1&#'($'1&#'C&$?.#'8&?L,")&#'&'C.#.I$#'$2'C,&#.'($'
>,.2')&2($2#.)"62 '$cC,$#"B.')&?&'1&#'($'T*)K("($#<'S*)8&#'($'$11&#':&,?.2';.'
C.,-$ ' )&2#-"-*-"B. ' ($ ' 2*$#-,& ' ",,$2*2)".+1$ ' +.>.I$ ' $(*).-"B& ' ; ' #$2-"?$2-.1 ' ; ' 8.2'
-$2"(&'"?C&,-.2-$#',$C$,)*#"&2$#'$2'2*$#-,.'?.2$,.'($'B$,';'.C,$)".,'1.#')&#.#'&'
$2'1.':&,?.'($'#$2-",2&#'*2'C&)&'?H#')$,).2&#'.'2*$#-,.')&2(")"62'$1$?$2-.1E'1.'($'
#$,$#'8*?.2&#'"2#$,-&# '$2 '*2 '*2"B$,#& '.I$2& ';'8&#-"1 '(&?"2.(& 'C&, ':*$,3.# 'F*$'
$#).C.2 ' ($1 ' -&(& ' . ' 2*$#-,& ' )&2-,&1 ' ; ' )&2 ' 1.# ' F*$ ' -,.-.?&# ' ($ ' $#-.+1$)$,E'
($#$#C$,.(.?$2-$ ' . ' B$)$#E ' 1. ' ?$I&, ' ,$1.)"62 ' C&#"+1$< ' R$ ' -,.-.E ' )"$,-.?$2-$E ' $2'
?*)8.# ' &).#"&2$# ' ($ ' *2. ' 1"-$,.-*,. ' (":K)"1 ' ; ' $#F*"B.E ' C&+1.(. ' )&?& ' $#-H ' ($'
.+*2(.2-$#',$:$,$2)".#'?"-&16>").#E'($'>",&#'"2-,.(*)"+"$#'F*$')&2($2#.2'.1'?Hc"?&'
$1')&2-$2"(&'&'($'$c-,.%.#'.#&)".)"&2$#'$B&).-"B.#')*;&'8&,"3&2-$'($'$cC$)-.-"B.'
($#)&2&)$?&#<'01>*2&#'.*-&,$#',$#*1-.2'"2)1*#&'"2.#$F*"+1$#'8.#-.'$2'*2.'+*$2.'
-,.(*))"62E')&?&'C*$($'#$,'$1').#&'($'bK2(.,&E')&2#"($,.(&'(":K)"1'"2)1*#&'C&,'1&#'
?H#'C,&:$#"&2.1$#'($1'>,$?"&<'!$'.8K'$1'C.C$1'($)"#"B&'F*$'($+$2'($#$?C$%.,'1.#'
+*$2.# ' -,.(*))"&2$#E ' ($#-"2.(.# ' . ' $cC1")., ' ; ' .)1.,., ' *2&# ' )&2-$2"(&# ' F*$ ' #$'
$2)*$2-,.2 ' .' ?$2*(& ' $2 ' $F*"1"+,"& ' "2$#-.+1$ ' )&2 ' -&(& ' #* ' .,?.362 ' $cC,$#"B&E' ($'
:&,?.'-.1'F*$'C*$(.2'#$,').C-.(&#'$2'-&(.'#*'"2-$2#"(.('C&,'$1'CJ+1")&E'?H#'F*$'.'
C&2$,'$2'2*$#-,.'1$2>*.E'.'B$)$#'($'?.2$,.'*2'-.2-&',$+*#).(.';'C,&+1$?H-").E'1&#'
-$c-&#'&,">"2.1$#<
42-,.?&# ' .#K ' ($ ' 11$2& ' $2 ' $1 ' -$,,$2& ' ($ ' 1. ' 1$2>*.E ' F*"3H ' 1. ' C.,-$ ' ?H#'
)&?C1").(.';')&2-,&B$,-"(.'($1'1$>.(&'($'1&#'>,"$>&#'C&,'1.#'(":")*1-.($#';'C,&+1$?.#'
F*$ ' .-,.B"$#. ' #* ' $2#$%.23. ' ; ' C&, ' $1 ' ).,H)-$, ' 2$)$#.,".?$2-$ ' ,$#-,")-"B& ' ($ ' #*'
(&?"2"&E'.#$F*"+1$'-.2'#61&'.'*2.'?"2&,K.'$#C$)".1"3.(.<'R"2'$?+.,>&E'8$?&#'($'#$,'
).C.)$#'($'-,.#?"-",'1.'#$2#.)"62'?H#'>$2$,.1"3.(.'($'F*$'#$'-,.-.'($'*2.'1$2>*.'
8$,?&#.E'(&-.(.'($'*2'C.,-")*1.,'$2).2-&';'?*#").1"(.(E').C.3'C&,'#K'?"#?.E'C$,&'
#"2'(*(.'C&,'1&#')&2-$2"(&#'$cC,$#.(&#'$2'$11.E'($'.-,.$,'1.'.-$2)"62'($'1&#'?H#'
("B$,#&# ' C$,#&2.I$#E ' )&?& ' ;. ' B"?&# ' $2 ' $1 ' )&,,$#C&2("$2-$ ' ).CK-*1&E ' ($)"("(&# ' .'
$?C,$2($,'.'-&(.')&#-.'#*'(":")*1-&#&'.C,$2("3.I$'#"2'"?C&,-.,1$#'$1')&#-$'2"'1.'$(.(<'
41'C&$-.'"2>1L#'A&+$,-'\,&[2"2>E')*.2(&'-$2K.'YV'.%&#E'($?&#-,6'$?&)"&2.(.?$2-$'
#*'>,.-"-*('8.)".'#*'C.(,$'C&,'8.+$,1$'$2#$%.(&'>,"$>&<'4#$'?"#?&'.>,.($)"?"$2-&'
($?*$#-,. ' $1 ' :,.2)L# ' b.*1 ' bL($)8 ' $2 ' 1. ' ($(").-&,". ' ($ ' #* ' ?&2*?$2-.1 ' -$#"# ' ($'

!)%

$#-.(&'#&+,$'$1'8"#-&,".(&,'>,"$>& 'b&1"+"&E'*2'-,.+.I&'F*$'#$>*,.?$2-$'2&'8.+,K.'
C&("(& ' ,$.1"3., ' #"2 ' $#&# ' -$?C,.2&# ' ($#B$1&# ' C.-$,2&#< ' 0?+&# ' $cC$,"?$2-.,&2'
#$>*,.?$2-$'$1'C1.)$,'($'.C,$2($,E'F*$';.'$2'$1'A$2.)"?"$2-&'F*$(6',$:1$I.(&'$2'$1'
2&?+,$'F*$'*2'8*?.2"#-.'F*$'$2#$%.+.'>,"$>&'$2'S.2-*.E'i"--&,"2&'(.'M$1-,$E'("&'.'
#*'$c"-&#.'.).($?"./'!"#*"/"#P%'*'/"'=1.').#.'.1$>,$@<
41 ' .C,$2("3.I$ ' ($1 ' >,"$>& ' )&2#-"-*;$ ')"$,-.?$2-$ '*2. '$cC$,"$2)". ' $(*).-"B.'
.C.#"&2.2-$'F*$E'.*2',$)&2&)"(.#'-&(.#'#*#'(":")*1-.($#E'C,&?$-$'1.#',$)&?C$2#.#'
#*:")"$2-$#')&?&'C.,.'.:,&2-.,1.'.B$2-*,.')&2'$1'H2"?&';'1.')&2:".23.'2$)$#.,".#<'
b*$($'11$>.,'.')&2#-"-*",'"2)1*#&'*2'($#.:K&E'.'1.'?.2$,.'($'*2.'$#C1L2("(.')"?.'.'1.'
F*$ ' ?*)8&# ' .#C",.2 ' . ' .#)$2($,E '; ' .*2F*$ ' 2& '-&(&# '.,,"+.2 ':"2.1?$2-$ ' ($I.E ' #"2'
$?+.,>&E'*2.'8&2(.'8*$11. '"2)1*#&'$2-,$'.F*$11&#'F*$'F*$(.2'$2'$1').?"2&'-,.#'
8.+$,1&'"2-$2-.(&')&2'-&(.#'#*#':*$,3.#<'42'1&#'?&?$2-&#'$2'F*$'#$',$(.)-.2'$#-.#'
CH>"2.# ' 1. ' -$1$B"#"62 ' ).-.1.2. ' 8. ' 11$B.(& ' 8.#-. ' 1. ' )"?. ' ($1 ' 0)&2).>*. ' *2.'
$cC$(")"62 ' )&?C*$#-. ' "2")".1?$2-$ ' C&, ' #$"# ' I6B$2$# ' F*$ ' 8.+K.2 ' #"(&'
)*"(.(&#.?$2-$ '#$1$))"&2.(&# '$2-,$ ' ?H# '($ ' ?"1 ' .#C",.2-$#< '01 ' :"2.1 '#61& ' -,$# ' ($'
$11&#'8.2')&2#$>*"(&')*1?"2.,'1.'.B$2-*,.'F*$'1$#'8.'11$B.(&'(&#'1.,>&#'?$#$#'($'
C,$C.,.-"B&# ' ; ' #.),":")"&#W ' #"2 ' $?+.,>&E ' 1. ' $cC$,"$2)". ' 8. ' #"(& ' B.1&,.(. ' )&?&'
",,$C$-"+1$'C&,'-&(&#'1&#'C.,-")"C.2-$#E'"2)1*"(&#'.F*$11&#'F*$'8*+"$,&2'($'.+.2(&2.,'
C&,'1.'#.1*('&'$1'($#:.11$)"?"$2-&'.2-$#'($1':"2.1'($'1.'$#).1.(.<'f2'#K?"1'?*;'.('8&)'
F*$ ' C&(,K. ' ,$)&,(.,2&# ' F*$ ' 8&; ' $2 ' (K. ' -&(.BK. ' F*$(.2 ' I6B$2$# ' ("#C*$#-&# ' .'
$?C,$2($,'>,.2($#'-$2-.-"B.#E'.'C$#.,'($'F*$'1.#'C,&?$#.#'($'*2'-,"*2:&':H)"1'F*$'
1$#'.)$)8.2E'+"$2'#$.').2-.2(&').2)"&2$#'.I$2.#'&'($IH2(&#$'11$B.,'C&,'1.'"2$,)".'
($'1.')&-"(".2$"(.('?H#'.+#*,(.'$2)$,,.(&#'$2'*2.').#.';'C$1$H2(&#$'$2-,$'#K'C&,'
1.')&2#$)*)"62':"2.1'($1'C,$?"&E'C.,$)$2'8.+$,'.>.3.C.(&'-&(.#'1.#'"2")".-"B.#'?H#'
1&.+1$#<'0C,$2($,'>,"$>&'F*"3H'C&(,K.'#$,'*2.'($'$11.#<
b$,&'C&($?&#'?$2)"&2.,'"2)1*#&',.3&2$#'($'*-"1"(.('C.,.'1.'C,$#$2)".'.)-"B.'
($'1&#'>,"$>&#'$2-,$'2&#&-,&#'$2'*2.'#&)"$(.('F*$'8.'8$)8&'($'$#-$'-L,?"2&'#*'
C.1.+,. ' ?H>"). ' C&, ' $c)$1$2)".< ' N,$)". ' 8. ' -$2"(& ' . ' 1& ' 1.,>& ' ($ ' -&(. ' 1. ' )*1-*,.'
&))"($2-.1'*2.':*2)"&2.1"(.('($-$,?"2.(.E'$#-.2(&'C,$#$2-$'$2'-&(&#'1&#'?&?$2-&#'
($)"#"B&#';'($+.-$#'($'"?C&,-.2)".'F*$'8.2'.).+.(&')&2:">*,.2(&'2*$#-,&'?*2(&'
?&($,2&<'D.'>.?.'$#'?*;'.?C1".E';'B.'($#($'1.'C&1L?").',$2.)$2-"#-.'$2'1.'F*$'$1'
)&2&)"?"$2-&'($1'>,"$>&'"?C1").+.')*$#-"&2$#'-.2'$#$2)".1$#')&?&'1.'C$,?.2$2)".'
($2-,& ' ($ ' 1. ' (&)-,"2. ' $#-.+1$)"(. ' ($ ' 1. ' 5>1$#". ' & ' #* ' .1$I.?"$2-& ' >,.(*.1 ' $2 ' $1'
C$1">,&#&'#$2&'($'1.'8$,$IK.E')&?&'1$'#*)$("6'.'4,.#?&E'8.#-.'#*'C.C$1'($#-.).(&'
$2 ' 1.# ' ,$B&1*)"&2$# ' ?H# ' ($)"#"B.# ' ($ ' 1. ' 8"#-&,". ' ,$)"$2-$E ' )&?& ' 1. ' :,.2)$#. ' ; ' 1.'
.?$,").2.E'F*$'8.2')&2(")"&2.(&'$1')*,#&'C&#-$,"&, '($'1.'8"#-&,".E ';. '#"2'C&#"+1$'
B*$1-. ' .-,H#E ' (&2($ ' $1 ' ?*2(& ' >,"$>& ' _I*2-& ' )&2 ' A&?._"2#C",6 ' ?&($1&# ' ($'
)&?C&,-.?"$2-& ' $I$?C1.,$#E ' )"$,-&# ' B.1&,$# ' C&1K-")&# ' ; ' -&(. ' *2. ' C.,.:$,2.1". ' ($'
#K?+&1&#';'$?+1$?.#'F*$'#"-*.+.2'$1'C.#.(&')&?&',$:$,$2)".'$#C","-*.1<'D&'>,"$>&'
8. ' $#-.(& ' ">*.1?$2-$ ' C,$#$2-$ ' $2 ' $1 ' )&2#-.2-$ ' C,&)$#& ' ($ ' )&2#-,*))"62 ' ($'
"($2-"(.($#'"2("B"(*.1$#';')&1$)-"B.#E'C,&C&,)"&2.2(&'$1',$:$,$2-$'2$)$#.,"&'$2').(.'
?&?$2-&E ' +"$2 ' )&2-,. ' 1. ' &C,$#"62 ' C&1K-"). ' ; ' ,$1">"&#.E ' )&?& ' $2 ' $1 ' ).#& ' ($ ' 1&#'
1"+$,.1$#'"2>1$#$#'F*$'$2#.13.+.2'1.'($?&),.)".'&'($'1&#',&?H2-")&#';'C.,2.#".2&#'
:,.2)$#$# ' F*$ ' 8.11.+.2 ' $2 ' N,$)". ' $1 ' C.,.(">?. ' .1-$,2.-"B& ' .1 ' ),"#-".2"#?&E ' +"$2'
)&2-,. ' 1. ' C,$#"62 ' .#:"c".2-$ ' ($ ' 1.# ' 2&,?.# ' #&)".1$# ' F*$ ' )&2(")"&2.+.2 ' )"$,-.#'
)&2(*)-.#'#$c*.1$#E')&?&'$2'$1').#&'($'e#).,'o"1($E'&'+"$2')&2-,.'),"#"#'2.)"&2.1$#'
($ ' ?.;&, ' $2B$,>.(*,. ' )&?& ' 1. ' F*$ ' ("& ' 1*>., ' $2 '01$?.2". ' .1 ' ?&B"?"$2-& ' ($ ' 1.'
pN$,?.2&>,$)".qE')&?&'1.'8.'($2&?"2.(&'02-8&2;'N,.:-&2E'&'($'1.'C,&C".'N,$)".'

!)&

?&($,2.'.'1.'8&,.'($'.,-")*1.,#$')&?&'2.)"62'($2-,&'($'1.')&?*2"(.('"2-$,2.)"&2.1<'
4#-*B& ' "2)1*#& ' C,$#$2-$ ' $2 ' *2 ' ?&?$2-& ' -.2 ' ),*)".1 ' )&?& ' $1 ' ($#)*+,"?"$2-& ' ($'
0?L,").E'.1'.)-*.,'$1'"?.>"2.,"&'>,"$>&')&?&'?$(".(&,':*2(.?$2-.1'.'1.'8&,.'($'
-,.(*)",'1.'$cC$,"$2)".'($1'2*$B&'?*2(&';'#*',$.1"(.('$c-,.&,("2.,".'$'"2#61"-.'.'1&#'
C.,H?$-,&#'($'($#),"C)"62';'.'1.#').-$>&,K.#'?$2-.1$#'"?C$,.2-$#'$2'e))"($2-$E'($'
:&,?. ' F*$ ' 1& ' 8")"$,&2 ' )&?C,$2#"+1$ ' $2 ' #*# ' C,"?$,.# ' $-.C.#< ' ]& ' 8.;' F*$ ' &1B"(.,'
-.?C&)&'$1'C.C$1'F*$'N,$)".'8.'($#$?C$%.(&')&?&',$:*>"&'$B.#"B&'($'*2'C,$#$2-$'
"2-&1$,.+1$ ' $2 ' :&,?. ' ($ ' *-&CK. ' C,"?"-"B"#-. ' ; ' 2.-*,.1E ' $2 ' :&,?. ' ($ ' 0,).(".E ' ($'
#&)"$(.( ' "($.1 ' & ' ($ ' #"?C1$ ' 2&#-.1>". ' $B&).(&,. ' ($ ' ?$I&,$# ' -"$?C&#E ' & ' $1 ' 1*>.,'
C,"B"1$>".(&'F*$'.1>*2&#'C,$-$2($2 '&-&,>.,'.'1.'#.+"(*,K.'.2-">*.'($2-,&'($1'?H#'
.?C1"&'($+.-$'.)$,).'($'1.'),"#"#';'($).($2)".'($1'8*?.2"#?&'$2'*2'?*2(&').(.'
B$3'?H#')&?C1$I&E'8&#-"1';'-$)2":").(&<
41 ' 1*>., '($ '1&# ' >,"$>&# ' $2 '$1 '?*2(& ' ?&($,2& ' C.,$)$ '.#K' )1.,& 'C&, '1& ' F*$'
,$#C$)-.'.'#*#'"2)*$#-"&2.+1$#'B.1&,$#'$(*).-"B&#E'.'#*'C,&C"&'C&-$2)".1')*1-*,.1E'.'
1.# ' $2#$%.23.# ' ;' ,$:1$c"&2$# ' F*$ ' #$ '($#C,$2($2 ' ($ ' #* ' $cC$,"$2)". ' 8"#-6,").E '2&'
#"$?C,$'2$)$#.,".?$2-$'C&#"-"B.#E';'8.#-.'.'#*',$)&2&)"(.'*-"1"(.(';':*2)"&2.1"(.('
$2'*2'?&?$2-&'(.(&'($'),"#"#'($'"($2-"(.('"2("B"(*.1'&')&1$)-"B.<'R"'#&?&#').C.)$#'
($'#*C$,.,'1.#'+.,,$,.#'F*$'#">1&#';'#">1&#'($'$,*(")"62'8.2')&2#-,*"(&'$2-,$'1&#'
>,"$>&# ' ; ' 2&#&-,&#E ' . ' 1.# ' F*$ ' ;. ' 8.)K. ' ,$:$,$2)". ' ]"$-3#)8$E ' ; ' F*$ ' 8.2 ' #"(&'
.)$2-*.(.# ' C&, ' 1. ' )"$2)". ' .C.+*11.2-$ ' ($ ' 1. '4&().(95/1%//)2/*-"A(' .1$?.2.E'
$cC&,-.(.'$'"?"-.(.'C&,'-&(.#'C.,-$#'$2'*2'$?C$%&'$#-L,"1'($'.1$I.,'.1'>,.2'CJ+1")&'
($'1&#'C,&:$#"&2.1$#'?$(".2-$'$1'?.2$I&'($'*2'.,>&-';'*2.')"$2)".'C&)&'.#$F*"+1$#';'
$2 ' &).#"&2$# ' ($1"+$,.(.?$2-$ ' &#)*,.E ' $1"-"#-. ' ; ' $#&-L,").E ' #" ' )&2#"($,.?&#'
"?C&,-.2-$'1.'1.+&,'($'("B*1>.)"62'#$,".';'8$)8.')&2',">&,'F*$'C,&?*$B$2'C$,#&2.I$#'
-.2'C&)&'#&#C$)8&#&#'($'-,"B".1"(.(')&?&'$1'-.2-.#'B$)$#')"-.(&'#",'v$22$-8'!&B$,E'
F*$ ' .C&#-.-.+. ' ($ ' #*# ' )&?$2-.,"&# ' ($#($%&#&# ' $2 ' $#-$ ' #$2-"(&E ' 8$)8&# ' $2 ' 1.'
"2-,&(*))"62 ' . ' #* ' )&?$2-.,"& ' ($1 ' 1"+,& ' i5 ' ($ ' T*)K("($# ' ; ' #$ ' #&,C,$2(K. ' ($ ' -.1$#'
.:",?.)"&2$# ' .1$>.2(& ' $2 ' #* ' ($:$2#. ' *2 ' $2:.(& ' &).#"&2.1E ' #" ' )&2)$($?&# ' . ' 1.'
(&)$2)".'$1'B.1&,'F*$'($+$,K.'-$2$,'$2'I*#-&'$F*"1"+,"&')&2'$1'-,.+.I&'($'"2B$#-">.)"62'
;'#"2'.-$2($,'$c)1*#"B.?$2-$'.'1.#'($?.2(.#'($'1&'F*$'h.2#&2';'h$.-8E'$2'#*'1"+,&'
.2-$# ' ?$2)"&2.(&E ' ($2&?"2.2 ' $c)$#&# ' ($1 ' .:H2 ' ($ ' C,&?&)"62 ' C$,#&2.1 ' ;'
C,&:$#"&2.1'.'$cC$2#.#'($'*2.'?.;&,'($(").)"62'.'1.#'-.,$.#',$F*$,"(.#'$2'.F*$1'
-$,,$2&E' #" '.)$,).?&# '1&#'>,"$>&# '.' F*"$2$#' -&(.BK.'1&#' ($#)&2&)$2' $2 '1*>.,' ($'
?.2":$#-., ' &,>*11&#.?$2-$E ' )&?& ' (")$2 ' F*$ ' 8.)K. ' #", ' T8&?.# ' N."#:&,(E ' A$>"*#'
b,&:$#&,'($'>,"$>&'$2'ec:&,('$2'1.'C,"?$,.'?"-.('($1'#">1&'d5dE'$1'?H#'&1K?C")&'($'
1&# ' ($#C,$)"&# ' C&, ' .F*$11&# ' F*$ ' ">2&,.+.2 ' $1 ' W ' >,"$>&E ' #" ' #.+$?&# ' .,-")*1.,E ' $2'
($:"2"-"B.E ' $2 ' 1&# ' -L,?"2&# ' ($+"(&# ' 2*$#-,. ' )&?C1$I. ' ,$1.)"62 ' )&2 ' $1 ' C.#.(& ' ;'
.,>*?$2-.,'#*'2$)$#.,".'C,$#$2)".'$2'*2'?*2(&'-&(.BK.',$C1$-&'($'"2-$,,&>.2-$#'.1'
F*$'C*$($2'.C&,-.,'#*')&2-,"+*)"62E'.'-,.BL#'($'$#$'("H1&>&'),$.-"B&';'2$)$#.,"&')&2'
1&#'?*$,-&#E'($1'F*$'8.+1.'$1'8"#-&,".(&,'+,"-H2")&'v$"-8'h&Cj"2#E'#"2'F*$'8.;.'F*$'
,$)*,,", ' . ' 1&# ' -6C")&# ' ($ ' #"$?C,$ ' F*$ ' 8.2 ' F*$(.(& ' $2 ' +*$2. ' ?$("(. ' &+#&1$-&#E'
$2-&2)$#E'$#'?*;'C&#"+1$'F*$'$1':*-*,&'C*$(.'.1$2-.,'?$I&,$#'$cC$)-.-"B.#<

!)'

M#N#"#%()'$-:):/)34";N)('$

ST'U&)+&+'&.&"%#1$%&+
42 ' >$2$,.1 ' #&+,$ ' $1 ' )&2)$C-& ' ($ ' 8$1$2"#?& ' C*$($2 ' B$,#$ ' 1&# ' -,.+.I&#'
,$)"$2-$#'($'5,.('S.1j"2'=$(<@E'02)"$2-'b$,)$C-"&2#'&:'N,$$j'4-82")"-;E'a.?+,"(>$E'
S.##<E'OPPUE';'7&2.-8.2'h.11E'4-82")'5($2-"-;'"2'N,$$j'02-"F*"-;E'a.?+,"(>$E'UZZYE';'
$1 ' C&#-$,"&, ' h$11$2")"-;< ' \$-[$$2 ' 4-82")"-; ' .2( ' a*1-*,$E ' a8").>&E ' OPPOE ' (&2($ ' #$'
$cC&2$'$1'$#-.(&'.)-*.1'($'$#-.'-.2'($+.-"(.')*$#-"62<'41'-,.+.I&'.1*("(&'($'g(&*.,('
o"11'$#'!&,"$2#'$-1&2"$2#/'$##."'#*,'1.'B.1$*,'(*'),"-L,$'$-82"F*$'.CC1"F*L'.'1L-*($'($'
D8"#-&",$'$-'1.')"B"1"#.-"&2'>,$)F*$#E'b.,K#E'UZV`W'#&+,$'1.'.C.,")"62'($1')&2)$C-&'($'
N,$)".'$#'J-"1'$#'-,.+.I&'($'4(?*2('DLB;E'p0CC.,"-"&2'($#'2&-"&2#'($'N,L)$'$-'($'
N,$)#qE'$2'R<'R."('=$(<@< 'k*$1F*$#'I.1&2#'C&*,'*2$'8"#-&",$'($'D"($2-"-L'>,$)F*$E'
0)-$#'(*')&11&F*$'($'R-,.#+&*,>E'D$"($2E'UZZUE'CC<'^Zm`Z<
R&+,$ ' $1 ' )&2)$C-& ' >$&>,H:")& ' ($ ' N,$)". ' C*$($2 ' B$,#$ ' 1&# ' -,.+.I&# ' ($'
M,.2)$#)&'b,&2-$,.E'pR*1')&2)$--&'>$&>,H:")&'("'h$1".#qE'$2'$1'1"+,&'$("-.(&'C&,'$1'
?"#?&'.*-&,E'N$&>,.:K.'#-&,").'($11.'N,$)".'.2-").<'T,.("3"&2"'$'C,&+1$?"E'\.,"E'UZZUE'
CC<'YXmUPVE '$'p5($2-"-H'L-2").E')&2:"2" '$':,&2-"$,$'2$1'?&2(&'>,$)&qE'$2'a&2:"2" '$'
:,&2-"$,.'2$11.'N,$)"-H'(e))"($2-$E'0--"'($1'dddi55')&2B$2>&'("'R-*("'#*11.'S.>2.'
N,$)".E'T.,.2-&'=Qm`'&)-*+,$'UZZY@E']HC&1$#E'UZZZE'CC<'U^YmU``E'.#K')&?&'2*$#-,.#'
)&2#"($,.)"&2$# ' $2 ' pD&# ' 1K?"-$# ' ($ ' N,$)". ' $2 ' 1. ' >$&>,.:K. ' >,"$>.qE ' $2 ' b< ' D6C$3'
\.,I. ' ; ' R< ' A$+&,($. ' =$(#<@E ' M,&2-$,.# ' $ ' "($2-"(.( ' $2 ' $1 ' ?*2(& ' >,"$>& ' .2-">*&E'
R.2-".>&'($'a&?C&#-$1.E'OPPUE'CC<'XYmUPV<
R&+,$'$1'C.C$1'($'1.'1$2>*.';'1.',$1">"62')&?&'$1$?$2-&#'(":$,$2)".(&,$#'$2'$1'
C.2&,.?.'>,"$>&'C*$($2')&2#*1-.,#$'1&#'-,.+.I&#'($'7&2.-8.2'h.11E'pT8$'A&1$'&:'
D.2>*.>$ ' "2 ' N,$$j ' 4-82")"-"$#qE ' $2 ' b,&)$$("2># ' &: ' -8$ ' a.?+,"(>$ ' b8"1&1&>").1'
R&)"$-;E'^UE'UZZVE'CC<'XQmUPPE';'($'4(?*2('DLB;E'pb$*-'&2'C.,1$,'(*2$ ',$1">"62'
>,$)F*$zqE'v-$?.E'OVE'OPPPE'CC<'UUmUX<
R&+,$ ' 1. ' C,$#$2)". ' ($1 ' $-82&# ' ; ' #* ' "?C&,-.2)". ' $2 ' 1. ' 8"#-&,". ' >,"$>. ' #&2'
:*2(.?$2-.1$# ' 1&# ' -,.+.I&# ' ($ ' b"$,,$ ' a.+.2$#E ' pa"-L ' $- ' $-82&# ' (.2# ' 1. ' N,L)$'
.2)"$22$qE ' $2 ' S< ' S< ' S.)-&*c ' ; ' 4< ' N$2; ' =$(#<@E ' SL1.2>$# ' b"$,,$ ' D$BLF*$E ' 55'
02-8,&C&1&>"$'$-'#&)"L-LE'b.,K#E'UZXZE'CC<'`QmXOE';'pD$#'8.+"-.2-#'($#',L>"&2#'#"-J$#'
.*'2&,(m&*$#-'($'1.'N,L)$'.2-"F*$'L-."$2-'"1#'($#'L-,.2>$,#'.*c;$*c'($#'>$2#'($'

!)(

N,L)$')L2-,.1$'$-'?L,"("&2.1$zqE'$2'A<'D&2"#'=$(<@E'DL-,.2>$,'(.2#'1$'?&2($>,$)E'
].2);E'UZXXE'CC<'XZmUUU<
R&+,$ ' 1. ' #.),.1"3.)"62 ' ($ ' 0-$2.# ' ; ' $1 ' .-$2&)$2-,"#?& ' >$2$,.(& ' $2 ' 1&#'
$#-*("&#'C&#-$,"&,$#'#&+,$'1.'N,$)".'.2-">*.'#&2'?*;'J-"1$#'1.#')&2#"($,.)"&2$#'($'
b$-$,'N,$$2'$2'pT8$'R8.(&['&:'-8$'b.,-8$2&2qE').CK-*1&'"2")".1'($1'1"+,&'F*$'11$B.'$1'
?"#?& ' -K-*1&E ' ]*$B. ' s&,jE ' UZYOE ' CC< ' UUm^`E ' ; ' $1 ' B&1*?$2 ' )&1$)-"B& ' ?H# ' ,$)"$2-$'
$("-.(&'C&,'A&>$,'\,&)j';'R-$C8$2'h&(j"2#&2E'01-$,2.-"B$#'-&'0-8$2#<'i.,"$-"$#'&:'
b&1"-").1'e,>.2"3.-"&2'.2('a&??*2"-;'"2'.2)"$2-'N,$$)$E'ec:&,(E'OPPPE'F*$')&2-"$2$'
"2-$,$#.2-$# ' C*2-*.1"3.)"&2$# ' $ ' "2:&,?.)"&2$# ' #&+,$ ' $1 ' -$?.< ' R&+,$ ' $1 ' B.1&,'
C.,.(">?H-")& ' ($ '0-$2.# ' ; ' #*# ' ),K-")&# ' C*$($ ' B$,#$ ' $1 ' 1"+,& ' ($ ' 7$22":$, ' T&1+$,-'
A&+$,-#E ' 0-8$2# ' &2 ' T,"&1< ' T8$ ' 02-"($?&),.-") ' T,.("-"&2 ' "2 ' o$#-$,2 ' T8&*>8-E'
b,"2)$-&2E'UZZ^E'F*$'C,$#$2-.'*2'C.2&,.?.'8"#-6,")&'($'1.#'(":$,$2-$#'B.1&,.)"&2$#'
F*$'1.'($?&),.)".'.-$2"$2#$'8.'?$,$)"(&'.'1&'1.,>&'($'1.'8"#-&,".';'1.#'.)-"-*($#'
"2-$1$)-*.1$#')&2-$?C&,H2$.#'F*$'"2#C",6<'R&+,$'1.'($?&),.)".')&?&'#"#-$?.'C*$($'
)&2#*1-.,#$'$1'1"+,&'($'!&?$2")&'S*#-"E'!$?&j,.-K.<'e,K>$2$#'($'*2.'"($.E'-,.(*)"(&'
$2'01".23.'4("-&,".1E'S.(,"(E'OPPP<
R&+,$ ' 1.# ' (":$,$2)".# ' $2-,$ ' 1. ' ($?&),.)". ' .2-">*. ' ; ' 1.# ' ?&($,2.# ' #">*$'
-$2"$2(&'B">$2)".'$1'1"+,"-&'($'M"21$;E'i"$I.';'2*$B.'($?&),.)".E'-,.(*)"(&'$2'0,"$1E'
\.,)$1&2.E'UZYZ<'f2'$#-.(&'($'1.')*$#-"62'#&+,$'1&#'$#-*("&#'($'8"#-&,".'($'N,$)".'
C*$($'$2)&2-,.,#$ '$2'$1'1"+,&'$("-.(& 'C&,'a.,&1'T8&?.#E'02)"$2-'h"#-&,;/'A$)$2-'
o&,j'.2(']$['!",$)-"&2#E'a1.,$?&2-E'a.1":&,2".E'UZZY'=$2'C.,-")*1.,'1&#').CK-*1&#'($'
v*,-'A..:1.*+';'R-.21$;'\*,#-$"2E'($(").(&#',$#C$)-"B.?$2-$'.'1.'N,$)".'.,).").';'
)1H#").@< 'f2 '?H#'.?C1"& ',$C.#& '.'1.'+"+1"&>,.:K. '?H#',$)"$2-$ '$#'$1 '($ 'o&1:>.2>'
R)8*11$,E'N,"$)8"#)8$'N$#)8")8-$E'S*2")8E'UZZV<
R&+,$'1.'-,.#?"#"62'-$c-*.1';'#*#'C,&+1$?.#'#">*$'#"$2(&'$1'1"+,&'($',$:$,$2)".'
$1 ' ($ ' D< ' !< ' A$;2&1(# ' ; ' ]< ' N< ' o"1#&2E ' R),"+$# ' .2( ' R)8&1.,#< ' 0 ' N*"($ ' -& ' -8$'
T,.2#?"#"62'&:'N,$$j''D.-"2'D"-$,.-*,$E'ec:&,(E'UZY^E'-,.(*)"(&')&2'.?C1".)"&2$#'
$2'N,$(&#<'b.,.'*2'$#-.(&'($'1.')*$#-"62'$2'1&#'(":$,$2-$#'>L2$,&#'1"-$,.,"&#'>,"$>&#'
;'1&#'C,&+1$?.#'"2-$,C,$-.-"B&#'F*$'C,$#$2-.2'C*$($')&2#*1-.,#$'1.',$)&C"1.)"62'($'
-,.+.I&# ' ,$)&>"(. ' C&, ' e1"B$, ' T.C1"2E ' D"-$,.-*,$ ' "2 ' -8$ ' N,$$j ' o&,1(E ' ec:&,(E ' OPPP<'
R&+,$'1.'"("&#"2),.#".'($'1.'8"#-&,"&>,.:K.'.2-">*.'#">*$'-$2"$2(&'B.1"($3'$1')1H#")&'
1"+,& ' ($ ' a8.,1$# ' M&,2.,. ' T8$ ' ].-*,$ ' &: ' h"#-&,; ' "2 ' .2)"$2- ' N,$$)$ ' .2( ' A&?$E'
\$,j$1$;mD&# ' n2>$1$#E ' UZXQW ' $2 ' )&2),$-& ' #&+,$ ' .1>*2&# ' ($ ' 1&# ' C,&+1$?.#E'
$#C$)".1?$2-$'$1'-.1.2-$',$-6,")&E'F*$'C,$#$2-.'#*'"2-$,C,$-.)"62'$#'J-"1'$1'$#-*("&'.'
:&2(& ' ($ ' 1. ' )*$#-"62 ' $2 ' a8,"#-&C8$, ' b$11"2>E ' D"-$,.,; ' T$c-# ' .2( ' -8$ ' h"#-&,".2E'
D&2(,$#E'OPPP<
42'>$2$,.1'#&+,$'$1'$#-.(&'($'1.'(&)*?$2-.)"62'#&+,$'$1'?*2(&'.2-">*&';'#*#'
1"?"-.)"&2$#'#&2'J-"1$#'.1>*2.#'($'1.#'"2-,&(*))"&2$#'$#),"-.#'$2'$#-$'#$2-"(&')&?&'
1.# ' ($ ' !&?"2>& ' b1H)"(&E ' 52-,&(*))"62 ' .1 ' ?*2(& ' .2-">*&< ' b,&+1$?.# ' -$6,")&# ' ;'
?$-&(&16>")&#E'RK2-$#"#E'S.(,"(E'UZZQE'&'1.'?H#',$)"$2-$'($'7$.2']")&1H#'a&,B"#"$,E'
R&*,)$#'$-'?L-8&($#'$2'8"#-&",$'.2)"$22$E'b.,K#E'UZZY<'f2'+*$2'C.2&,.?.'$2'1&#'
(":$,$2-$#'H?+"-&#'($'1.#'11.?.(.#'("#)"C1"2.#'.*c"1".,$#'#$'&:,$)$'$2'$1'1"+,&'$("-.(&'
C&,'S")8.$1'a,.[:&,(E'M*$2-$#'C.,.'$1'$#-*("&'($'1.'8"#-&,".'.2-">*.E'-,.(*)"(&'=2&'
)&2'($?.#".(.':&,-*2.';'.),"+".@'$2'T.*,*#E'S.(,"(E'UZX`<
R&+,$'1.'?$2-.1"(.('.,"#-&),H-").'>,"$>.'#">*$'#"$2(&':*2(.?$2-.1'$1'1"+,&'($'
o.1-$,'!&21.2E'T8$'0,"#-&),.-")'"($.1'.2('R$1$)-$('b.C$,#E'o.*)&2(.E'511"2&"#E'UZZZE'
F*$',$)&>$'1&#'-,.+.I&#'.2-$,"&,$#'($'$#-$'.*-&,'#&+,$'$1'-$?.<'R&+,$'1.')&2)$C)"62'
($'1.'2.-*,.1$3.E',$:1$I.(.'$2'#*#'?"-&#E'$#'$#$2)".1'1.'1$)-*,.'($1'1"+,&'($'A")8.,('

!!*

\*c-&2E'41'"?.>"2.,"&'>,"$>&<'D&#')&2-$c-&#'($'1.'?"-&1&>K.E'a.?+,"(>$E'OPPP'=$2'
).#-$11.2&@<

VT'-*+',"%#,*+'('W"%#10#
f2.'),K-").'8.)".'1&'F*$'#$'8.'($2&?"2.(&'$1'?"1.>,&'>,"$>&'#$'$2)*$2-,.'$2'
1.#'CH>"2.#'($1'1"+,&'($'b<'N,$$2E'T8$'R8.(&['&:'-8$'b.,-8$2&2E';.')"-.(&E'C<'OQ';'
##<
R&+,$'$1'C&($,')&2#$>*"(&'C&,'1.':"1&1&>K.')1H#").'$2'1.'01$?.2".'($1'#">1&'c"c'
;'#*'C.C$1'$2'1.'"($.1"3.)"62'($'N,$)".'C*$($')&2#*1-.,#$'$1'$#-*("&'($'R*3.22$'D<'
S.,)8.2(E ' !&[2:,&? ' -8$ ' e1;?C*#< '0,)8.$&1&>; ' .2( ' b8"18$11$2"#? ' "2 ' N$,?.2;E'
UYVPmUZYPE'b,"2)$-&2E'UZZ`E'F*$'B"$2$'.'#*#-"-*",'.1';.')1H#")&'1"+,&'($'4("-8'S.;'
\*-1$,E'T8$'T;,.22;'&:'N,$$)$'&B$,'N$,?.2;E'a.?+,"(>$E'UZQV<'f2.'($#?"-":").)"62'
($'1.',.)"&2.1"(.('>,"$>.',$C,$#$2-6'$1'1"+,&'($'4<'A<'!&((#E'T8$'N,$$j#'.2('-8$'
5,,.-"&2.1E ' \$,j$1$;E ' D&# ' n2>$1$#E ' UZVUE ' C$,& ' )&2 ' #*)$#"B.# ' ,$$(")"&2$#< ' h.;'
-,.(*))"62'.1').#-$11.2&'$2'01".23.'4(<E')&2'$1'-K-*1&'D&#'>,"$>&#';'1&'",,.)"&2.1E'OPPU<
R&+,$'1.':.1.)".'($1'C.#&'($-$,?"2.2-$'($1'?"-&'.'1.',.362E'C*$($')&2#*1-.,#$'
$1')&2I*2-&'($'-,.+.I&#',$*2"(&#'C&,'A")8.,('\*c-&2E'M,&?'S;-8'-&'A$.#&2zE'R-*("$#'
"2'-8$'!$B$1&C?$2-'&:'N,$$j'T8&*>8-E'ec:&,(E'OPPU<
R&+,$'$1'C.C$1'($'1.')*$#-"62'"2(&$*,&C$.';';'#*',$1.)"62')&2'1.#'1$2>*.#'
#$?K-").# ' $# ' "2-$,$#.2-$ ' 1. ' 1$)-*,. ' ($ ' 1"+,& ' ($ ' S.*,")$ ' e1$2($, ' D.# ' 1$2>*.# ' ($1'
C.,.K#&E'-,.(*)"(&'$2'R$"c'\.,,.1E'\.,)$1&2.E'OPPU<
R&+,$'$1'($2&?"2.(&'?"-&'.,"&'#">*$'#"$2(&'"?C&,-.2-$'$1'1"+,&'($'D<'b&1".j&BE'
T8$ '0,;.2' S;-8/ '0' h"#-&,; ' &: ' A.)"#- ' .2( ' ].-"&2.1"#-") ' 5($.# ' "2 ' 4*,&C$E ' D&2(,$#E'
UZY^<'41':.?&#&'1"+,&'($'\$,2.1E'\1.)j'0-8$2.'8.'#"(&'-,.(*)"(&'.1').#-$11.2&'$2'
a,K-").E ' \.,)$1&2.E ' UZZQE 'C$,& '#61& ' $1 'C,"?$, 'B&1*?$2E 'F*$ '11$B. 'C&, '#*+-K-*1& 'D.'
"2B$2)"62'($'1.'.2-">*.'N,$)".E'UYXVmUZXV<'D&#'$)&#'&,">"2.(&#'C&,'$#-.'&+,.'8.2'
#"(& ' )&2#"($,.+1$#E ' )&?& ' ?*$#-,.2 ' #*# ' 2*?$,&#.# ' ,$#$%.#E ' $2-,$ ' 1.# ' F*$ ' ).+$'
($#-.).,'1.#'($'S<'S<'D$B"2$E'pT8$'f#$'.2('0+*#$'&:'\1.)j'0-8$2.q'$2'0?$,").2'
h"#-&,").1'A$B"$[E'.+,"1E'UZZOE'CC<'^^Pm^`PW'1.'($'R<'S<'\*,#-$"2E'pT8$'!$+.-$'&B$,'
\1.)j'0-8$2.qE'$2'R)8&1".E'VE'UZZ`E'CC<'QmU`W'1.'($'S.,;'D$:j&["-3E'pa1.##")"#-#'.2('
-8$'\1.)j'0-8$2.'a&2-,&B$,#;q'$2'T8$'a1.##").1'\*11$-"2E'YVE'OE'UZZZE'CC<'UXYmUZXW'1.'
H#C$,.';'C,&1&2>.(.')&2-,&B$,#".'#$'8.'C1.#?.(&'-.?+"L2'$2'B.,"&#'1"+,&#')&?&'$1'
S<'D$:j&["-3E']&-'&*-'&:'n:,").<'h&['0:,&)$2-,"#?'+$).?$'.2'4c)*#$'-&'-$.)8'S;-8'
0#'h"#-&,;E']*$B.'s&,jE'UZZ`E'&'$1')&2I*2-&'($')&2-,"+*)"&2$#'("B$,#.#',$)&>"(.#'$2'
*2'B&1*?$2'C&,'1.'?"#?.'.*-&,.';'N<'S<'A&>$,#E'\1.)j'0-8$2.'A$B"#"-$(E'a8.C$1'h"11E'
UZZ`< ' D. ' ,$#C*$#-. ' ($1 ' C,&C"& ' \$,2.1 ' . ' #*# ' ?*)8&# ' ),K-")&# ' 8. ' .C.,$)"(& ' .8&,.'
,$)"$2-$?$2-$'$2'S<'\$,2.1E'\1.)j'0-8$2.'[,"-$#'+.)j<'S.,-"2'\$,2.1',$#C&2(#'-&'8"#'
a,"-")#E'!*,8.?E'OPPU<
R&+,$'1.'"2:1*$2)".'&,"$2-.1'$2'1.'4(.('($1'\,&2)$'>,"$>.'#&2':*2(.?$2-.1$#'
1&# ' -,.+.I&# ' ($ ' 5,$2$ ' o"2-$,E ' \,&23$ '0>$ 'T,.($ ' +$-[$$2' -8$ '0$>$.2 ' .2( ' 4>;C-E'
\,&&j1;2E'UZYOW'4<'h<'a*2$E'R."1"2>'-8$'o"2$'!.,j'R$./'52-$,2.-"&2.1'T,.($'.2('-8$'
D.-$ ' \,&23$ '0>$ '0$>$.2E ' ec:&,(E ' UZZ^W ' o<' i< ' !.B"$# ' ; ' D< ' R)8&:"$1(E ' 4>;C-E ' -8$'
0$>$.2'.2('-8$'D$B.2-/'52-$,)&22$)-"&2#'"2'-8$'R$)&2('S"11$2"*?'\<'aE'D&2(,$#E'
UZZV<'b.,.'*2'C$,K&(&'C&#-$,"&,E'N<'h&::?.2E'5?C&,-#'.2('5??">,.2-#/']$.,'4.#-$,2'

!!)

a&2-.)-# ' ["-8 ' 5,&2 ' a,$-$E ' S")8">.2 ' f2"B$,#"-; ' b,$##E ' UZZY< 'f2 ' C.2&,.?. ' ?H#'
>$2$,.1'#$'8.11.'$2'$1',$)"$2-$'1"+,&'($'e<'T<'b<'!")j"2#&2E'D.'$(.('($1'\,&2)$'$2'$1'
4>$&E'-,.(*)"(&'$2'0j.1E'S.(,"(E'UZZZ<'R&+,$'1.'"2:1*$2)".'&,"$2-.1'#&+,$'1.')*1-*,.'
>,"$>.'$2'$1'C$,K&(&'.,).")&'#&2':*2(.?$2-.1$#'1&#'1"+,&#'($'T<'7<'!*2+.+"2E'T8$'
N,$$j#'.2('T8$",'4.#-$,2']$">8+&*,#<'R-*("$#'"2'-8$'A$1.-"&2#'+$-[$$2'N,$$)$'.2('
-8$'a&*2-,"$#'&:-8$']$.,'4.#-'"2'-8$'4">8-8'.2('R$B$2-8'a$2-*,"$#'\<'aE'D&2(,$#E'
UZVYE ' ,$$("-.(& ' $2 ' a8").>& ' $2 ' UZYZE ' .*2F*$ ' 8. ' F*$(.(& ' .1>& ' ).(*)& ' C&, ' #*'
-$?C,.2.':$)8.'($'C*+1").)"62';'8.'#"(&'#*C$,.(&'.8&,.'C&,'1&#'?H#',$)"$2-$#'$'
"22&B.(&,$#'($'o.1-$,'\*,j$,-E'T8$'e,"$2-.1"3"2>'A$B&1*-"&2<']$.,'4.#-$,2'52:1*$2)$'
&2'N,$$j'a*1-*,$'"2'-8$'4.,:;'0,)8.")'0>$E'-,.(*)"(&'.1'"2>1$#'$2'a.?+,"(>$'S.##<E'
UZZOE'F*$'#$'C1.2-$.')*$#-"&2$#':*2(.?$2-.1$#')&?&'1.'($'1&#'.>$2-$#'C,"2)"C.1$#'
($'1.'-,.#?"#"62';'#*#'$:$)-&#')&2),$-&#'$2'1.')*1-*,.'>,"$>.'($1'?&?$2-&W';'$1'?H#'
.)-*.1'($'S.,-"2'D<'o$#-E'T8$'4.#-'M.)$'&:'h$1")62<'o$#-'0#".-")'41$?$2-#'"2'N,$$j'
b&$-,; ' .2( ' S;-8E ' ec:&,(E ' UZZYE ' F*$ ' )&2#-"-*;$ ' *2 ' $c-$2#& ' ,$C$,-&,"& ' ($ ' (")8.#'
"2:1*$2)".#'$2'1&#').?C&#'?$2)"&2.(&#'$2'$1'-K-*1&'($1'1"+,&<'!$1'?"#?&'.*-&,'$c"#-$'
-.?+"L2'*2.')&2-,"+*)"62':*2(.?$2-.1'.1',$#C$)-&')&?&'$#'D.':"1&#&:K.'>,$).'.,).").'
$'1e,"$2-$E'-,.(*)"(&'.1'"-.1".2&'$2'\&1&2".E'UZZQ<'T.?+"L2'\*,j$,-'8.'.C*2-.(&'#*#'
?H#',$)"$2-$#'.C&,-.)"&2$#'$2'$1'B&1*?$2'!$'h&?$,&'.'1&#'?.>&#<'D.'-,.(")"62'
&,"$2-.1'$2'1.'1"-$,.-*,.'>,"$>.E'-,.(*)"(&'.1').#-$11.2&'$2'\.,)$1&2.E'41'0).2-"1.(&E'
OPPO< ' f2 ' +*$2 ' ,$C.#& ' >$2$,.1 ' . ' 1.# ' ,$1.)"&2$# ' $2-,$ ' S$#&C&-.?". ' ; ' $1 ' ?*2(&'
>,"$>&'$c"#-$'$2'R-$C8.2"$'!.11$;'=$(<@E'T8$'D$>.);'&:'S$#&C&-.?".E'ec:&,(E'UZZXE'
$2'C.,-")*1.,'$1').CK-*1&'5iE'&+,.'($'1.'C,&C".'!.11$;';'($'0<'T<'A$;$#E'CC<'XVmUP`<'f2'
$#-*("&'#&+,$'1.'"2)"($2)".'($1'"?C$,".1"#?&'.#","&'$2'$1'?*2(&'>,"$>&'#$'$2)*$2-,.'
$2'N<'\<'D.2:,.2)8"E'pT8$'5($&1&>").1'.2('b&1"-").1'5?C.)-'&:'-8$'0##;,".2'5?C$,".1'
4cC.2#"62'&2'-8$'N,$$j'o&,1('"2'-8$'X-8'.2('Y-8'a$2-*,"$#'\<'aqE'$2'R<'0,&';'A<'S<'
o8"-"2>'=$(#<@E'S$1.??*'R;?C&#".E'h$1#"2j"E'OPPPE'CC<'YmQ^<
R&+,$ ' $1 ' C.C$1 ' ($ ' 1. ' "#1. ' ($ ' 4*+$. ' $2 ' $#-.# ' ,$1.)"&2$# ' ; ' #* ' $#C$)".1'
"2)"($2)".'$2'$1'C*$,-&'&,"$2-.1'($'01'S"2.E'A<'0<'v$.,#1$;E'pN,$$j'eB$,#$.#'"2'-8$'
X-8 ' a$2-*,; ' \< ' a/ ' 4*+&$.2#E ' 01 ' S"2. ' .2( ' 0##;,".2 ' 5?C$,".1"#?qE ' $2 ' N< ' A<'
T#$-#j81.(3$'=$(<@E'02)"$2-'N,$$j'o$#-.2('4.#-E'D$"($2E'UZZZE'CC<'UPZmUQ^<
R&+,$ ' 1. ' "2)"($2)". ' C.,-")*1., ' ($ ' 1.# ' )"B"1"3.)"&2$# ' .2.-&1".# ' $2 ' $1 ' ?*2(&'
>,"$>&'#">*$'#"$2(&'*2'1"+,&'($',$:$,$2)".'$2'1.')*$#-"62'$1'($'R.2-&'S.33.,"2&E'M,.'
e,"$2-$ ' $ ' e))"($2-$< ' A")$,)8$ ' (" ' #-&,". ' >,$). ' .,).").E ' M1&,$2)".E ' UZ^YE ' ,$$("-.(&'
1*$>&'$2'UZXZ';'?H#',$)"$2-$?$2-$'$2'$1'OPPO<'R&+,$'1.#',$1.)"&2$#'>,"$>.#')&2'
4>"C-&'C*$($'8.11.,#$'*2.'?.>2K:").';'+,$B$'#"2&C#"#'$2'$1'1"+,"-&'($'S")8$1'0*#-"2E'
N,$$)$'.2('4>;C-'"2'-8$'0,)8.")'0>$E'a.?+,"(>$E'UZYP<
42'>$2$,.1'#&+,$'1.#',$1.)"&2$#'($1'?*2(&'>,"$>&')&2'-&(.#'1.#')*1-*,.#'($1'
S$("-$,,H2$&'&,"$2-.1'8.;'*2.'+*$2.'C*$#-.'.1'(K.'$2'$1'1"+,&'($'a8.,1$#'\.*,."2'D$#'
>,$)#'$-'1.'SL("-$,,.2L$'&,"L2-.1$E'b.,K#E'UZZYE'2*$B&'B&1*?$2'($'1.'B"$I.')&1$))"62'
]*$B.'a1"&E'F*$'C,$#$2-.'.($?H#'($'*2'C.2&,.?.'>$2$,.1'*2.'+*$2.'("#)*#"62'($'
1&#'C,&+1$?.#'C,"2)"C.1$#'.'1.'*#.23.'($'1.'#$,"$<'A$#*1-.'">*.1?$2-$'?*;'J-"1'C.,.'
-&(.#'$#-.#')*$#-"&2$#'$1'1"+,&'($'R.,.8'b<'S&,,"#E'!."(.1&#'.2('-8$'e,">"2#'&:'N,$$j'
0,-E'b,"2)$-&2E'UZZOE')&2'*2'+*$2'C1.2-$.?"$2-&'($'1.',$1.)"62'($'1&#'>,"$>&#')&2'1&#'
:$2")"&#<
R&+,$ ' 1. ' B"#"62 ' >,"$>. ' ($ ' 1&# ' :$2")"&#E ' D< ' o"2-$,E ' ph&?$,# ' b8&$2")".2#/'
h"#-&,;E'4-82&>,.C8;&,1"-$,.,;'T,&C$z'0'C$,#C$)-"B$'&2'$.,1;'e,"$2-.1"#?qE'$2'7<'\<'
aH,-$,';'R<'b<'S&,,"#'=$(#<@E'T8$'0>$#'&:'h&?$,E'0*#-"2E'UZZVE'CC<'O^YmOYUE'(&2($'#$'
,$)&>$'1.'$c-$2#.'+"+1"&>,.:K.'.2-$,"&,'#&+,$'$1'-$?.<

!!!

f2'$#-.(&'($'1.')*$#-"62'($'1.'"2:1*$2)".'($'1.#'1"-$,.-*,.#'&,"$2-.1$#'#&+,$'1.'
>,"$>. ' #$ ' $2)*$2-,. ' $2 ' $1 ' -,.+.I& ' ($ ' S$,)$($# ' D6C$3 ' R.1B.E ' pD. ' 1"-$,.-*,. ' ($1'
b,6c"?&'e,"$2-$'$2'1.'1"-$,.-*,.'.,).").';')1H#").'>,"$>./'4#-*("&#';'$#-.(&'($'1.'
)*$#-"62qE ' T$?C*#E ' XE ' UZZ^E ' CC< ' Vm^XE ' (&2($ ' .C.,$)$ ' ?*; ' +"$2 ' ,$#*?"(. ' ;'
$#-,*)-*,.(.'1.'+"+1"&>,.:K.'?H#'"?C&,-.2-$'#&+,$'-&(.'1.')*$#-"62<'R&+,$'1.',$1.)"62'
($'h&?$,&')&2'$1'b,6c"?&'e,"$2-$'$#'+H#")&'$1'-,.+.I&'($'R.,.8'S&,,"#'ph&?$,'.2('
-8$']$.,'4.#-qE'$2'5<'S&,,"#';'\<'b&[$11'=$(#<@E'0']$['a&?C.2"&2'-&'h&?$,E'D$"($2E'
UZZYE'CC<'VZZm`OQW'#&+,$'1.')*$#-"62'-,&;.2.'$2:&).(.'($#($'$1'1.(&'8"-"-.'$#'J-"1'1.'
,$)"$2-$')&2#"($,.)"62'($'T,$B&,'\,;)$E'41',$"2&'($'1&#'8"-"-.#E'-,.(*)"(&'$2'S.(,"(E'
aH-$(,.E'OPPU/'T.?+"L2 '$1 ',$)"$2-$ '1"+,&' ($ '7<'D.-.)3E 'T,&;.';' h&?$,&< 'h.)".' 1.'
,$#&1*)"62'($'*2'$2">?.E'-,.(*)"(&'$2'!$#-"2&E'\.,)$1&2.E'OPPQ<'R&2'"2-$,$#.2-$#'
1.# ' ,$:1$c"&2$# ' ($ ' ).,H)-$, ' >$2$,.1 ' F*$ ' 8.)$ ' 01+$,-& ' \$,2.+L ' $2 ' #* ' .,-K)*1&'
p52:1*$2)$#'&,"$2-.1$#'(.2#'1.'1"--L,.-*,$'>,$)F*$/'F*$1F*$#',L:1$c"&2#'($'?L-8&($qE'
v$,2&#E'XEUZZVE'CC<'ZmOO<
R&+,$'1.'"2:1*$2)".'($1'?"-&'&,"$2-.1'$2'1.'?"-&1&>K.'>,"$>.';'C.,-")*1.,?$2-$'$2'
h$#K&(&'#&2'$#$2)".1$#'1.#'$(")"&2$#'($'1.'T$&>&2".';'1&#'T,.+.I&#'($1';.')"-.(&'
o$#-E'h$#"&(< 'T8$&>&2;E'ec:&,(E'UZ``W'h$#"&(<'o&,j'.2('!.;#E'ec:&,(E'UZYXE'.#K'
)&?&'$1';.')1H#")&'1"+,&'($'b<'o.1)&--E'h$#"&('.2('-8$']$.,'4.#-E'a.,("::E'UZ``E';'1&#'
?H#',$)"$2-$#'-,.+.I&#'($'A<'S&2("E'pN,$$j'.2(']$.,'4.#-$,2'S;-8&1&>;<'N,$$j'
S;-8")'T8&*>8-'"2'-8$'1">8-'&:'-8$']$.,'4.#-qE'$2'D<'4(?*2(#'=$(<@E'0CC,&.)8$#'-&'
N,$$j ' S;-8E ' \.1-"?&,$E ' UZZPE ' CC< ' U^UmUZXE ' ; ' a8< ' b$2>1.#$E ' N,$$j ' S;-8# ' .2('
S$#&C&-.?".<'b.,.11$1#'.2('52:1*$2)$'"2'-8$'h&?$,")'h;?# '.2('h$#"&(E'D&2(,$#E'
UZZ^<
R&+,$'1.'.)-"-*('&))"($2-.1'8.)".'e,"$2-$'$1'1"+,&')1.B$'$#'$1'($'4([.,('R."(E'
e,"$2-.1"#?&E ' -,.(*)"(& ' .1 ' ).#-$11.2& ' $2 ' !$+.-$E ' S.(,"(E ' OPPOE ' F*$ ' .,,.2). ' 1.'
)*$#-"62'($#($'1&#'>,"$>&#<'R&+,$'1.'.)-"-*('>,"$>.'8.)".'e,"$2-$'#&2'"2-$,$#.2-$#'
1.# ' )&2-,"+*)"&2$# ' ,$)"$2-$# ' ($ ' b$,")1$# ' N$&,>$E ' \.,+.,K.2 '0#". ' .2( ' -8$ ' N,$$j'
4cC$,"$2)$<'M,&?'-8$'0,)8.")'b$,"&('-&'-8$'0>$'&:'d$2&C8&2E'\.1-"?&,$E'UZZ^E';'0<'
T&*,,."cE'De,"$2-E'?",.>$'>,$)E'b.,K#E'OPPP< 'R&+,$'1.#',$1.)"&2$#'($1'?*2(&'>,"$>&'
)&2'$1'C$,#.E'$c)1*;$2(&'$1',$1.-&'($'1.#'>*$,,.#'?L(").#')&?&'C,"2)"C.1'.,>*?$2-&'
8"#-6,")&'$'"2)"("$2(&'?H#'$2'1.#',$1.)"&2$#'$2-,$'.?+.#')*1-*,.#E'#&2'"?C&,-.2-$#'
1&#'1"+,&#'($'e<'b").,(E'D$#'>,$)#'($B.2-'1.'?$2.)$'C$,#$E'b.,K#E'UZXPE';'($'N$,&1('
o.1#$,E'h$1".#'*2('5,H2E'!.,?#_-.(-E'UZX^<
R&+,$'1.'.)-"-*('>,"$>.'8.)".'4>"C-&'C*$($'$2)&2-,.,#$'*2')6?&(&',$#*?$2'
($'1.')*$#-"62'$2'1&#').CK-*1&#')&,,$#C&2("$2-$#'($'2*$#-,&'1"+,&'4>"C-&?.2K.<'41'
?"-&'($'4>"C-&'($'1&#'>,"$>&#'.'2&#&-,&#E'S.(,"(E'01".23.'4("-&,".1E'UZZYE',$$("-.(&'
$2'OPPQ<'f2'$#-*("&'($1'-$?.'?H#'$c8.*#-"B&'#$'$2)*$2-,.'$2'$1';.')1H#")&'1"+,&'($'
a8<'M,&"($:&2(E'D$'?",.>$'L>;C-"$2E'b.,K#E'UZYUE';E'?H#',$)"$2-$?$2-$E'b8<'i.#*2".E'
T8$'N":-'&:'-8$']"1$<'h$11$2"3"2>'4>;C-':,&? '0$#)8;1*#'-&'01$c.2($,E'\$,j$1$;mD&#'
n2>$1$#E'OPPU<
R&+,$ ' 1. ' )*$#-"62 ' ($1 ' .,-$ ' &,"$2-.1"3.2-$ ' ; ' 1. ' #">2":").)"62 ' ($1 ' )&2)$C-& ' $#'
:*2(.?$2-.1'$1'.,-K)*1&'($'022'a<'N*2-$,E'pS&($1#'&:'-8$'e,"$2-'"2'-8$'0,-'h"#-&,;'&:'
-8$'&,"$2-.1"3"2>'b$,"&(qE'$2'h<'R.2)"#"'o$$,($2+*,>';'7<'o<'!,"IB$,# '=$(#<@E 'T8$'
A&&-# ' &: ' -8$ ' 4*,&C$.2 'T,.("-"&2E ' B&1< 'i ' ($ ' 1. ' #$,"$ '0)8.$?$2"( ' h"#-&,;E ' D$"($2E'
UZZPE'CC<'UQUmU^Y<

!!"

XT'!"%#,*+'('7?I"?&"*+8
R&+,$'1.#')&2(")"&2$#'($1'B".I$'$2'$1'?*2(&'>,"$>&'.2-">*&'C*$($2'B$,#$'1&#'
1"+,&#'>$2$,.1$#'($'D<'a.##&2E'T,.B$1'"2'-8$'02)"$2-'o&,1(E'T&,&2-&E'UZY^W'N.+,"$1$'
S.,.#)&E ' 5 ' B".>>" ' 2$11. ' N,$)". ' .2-").E ' A&?.E ' UZYXW ' 7< ' S< '02(,L ' ; ' S< ' M< ' \.#1$3E'
i&;.>$,'(.2#'102-"F*"-LE'b.,K#E'UZZQ<'h$?&#'-,.-.(&'($1'-$?.'$2'$1'C,"?$,').CK-*1&'
($'2*$#-,&'1"+,&E'41'($#)*+,"?"$2-&'($1'?*2(&< 'N$&>,.:K.';'B".I$,&#'$2'1.'N,$)".'
.2-">*.E'S.(,"(E'0j.1E'OPPPE'CC<'UUmQV<
R&+,$ ' 1. ' B"#"62 ' ($1 ' $c-,.2I$,& ' ; ' #* ' )&2(")"62 ' $2 ' $1 ' ?*2(& ' >,"$>& ' $#'
:*2(.?$2-.1'$1'1"+,&'($'S<'M<'\.#1$3E'DL-,.2>$,'(.2#'1.'N,L)$'.2-"F*$E'b.,K#E'UZX^<'
41'1"+,&'($'N<'4<'A<'D1&;(E'b&1.,"(.(';'.2.1&>K.<'!&#'-"C&#'($'.,>*?$2-.)"62'$2'1&#'
.1+&,$#'($1'C$2#.?"$2-&'>,"$>&'$#-H'-,.(*)"(&'$2'T.*,*#E'S.(,"(E'UZXYE';')&2#-"-*;$'
*2. ' .C&,-.)"62 ' :*2(.?$2-.1 ' C.,. ' $2-$2($, ' 1. ' :&,?. ' >,"$>. ' -.2 ' C.,-")*1., ' ($'
)&?C,$2($,';'$cC1").,'$1'?*2(&W'#&+,$'1.',$-6,").'>,"$>.'($'1.'.1-$,"(.('8.'"2#"#-"(&'
M,.2)&"# ' h.,-&> ' $2 ' #* ' &+,. ' :*2(.?$2-.1E ' D$ ' ?",&", ' (hL,&(&-$< '4##." ' #*, ' 1.'
,$C,L#$2-.-"&2'($'1.*-,$E'b.,K#E'UZXPE'($1'F*$'$c"#-$'-,.(*))"62'"2>1$#.'C&#-$,"&,E';'
?H#',$)"$2-$?$2-$'$2'SL?&",$'(f1;##$E'AL)"-#'#*,'1.:,&2-"L,$'$2'N,L)$'.2)"$22$E'
b.,K#E'UZZ`<
R&+,$'1.'C,$)&1&2"3.)"62'C*$($'B$,#$'$1'-,.+.I&'($'0<'7<'N,.8.?E'pb,$)&1&2".1'
a&2-.)-#/'k*$#-"&2#'.2('b,&+1$?#qE'$2'7<'b<'!$#)&$*(,$#'=$(<@E'N,$$j'a&1&2"#-'.2('
2.-"B$'b&C*1.-"&2#E'ec:&,(E'UZZPE'CC<'^Vm`P<'R&+,$'$1',$:1$I&'($'$#-.#'.)-"B"(.($#'$2'
1.'e("#$.'8&?L,").E'N<'b*>1"$#$'a.,,.-$"c"E'p!.11$'e(;##$"."'.1"$'.C&"j"."qE'b.,&1.'
($1'b.##.-&E'O`E'UZYUE'CC<'QZQm^UYW'e<'S*,,.;E'pe?$,&'$'1$-2&>,.:".qE'$2'v&j.1&#E'
Q^GQVE'UZXXGUZXZE'B&1< '5E'CC<'UmUYW'5<'S.1j"2E'T8$'A$-*,2'&:'e(;##$*#<'a&1&2"3.-"&2'
.2('4-82"(-;E'\$,j$1$;mD&#'n2>$1$#E'UZZXE';'a.,&1'!&*>8$,-;E'T8$'A.:-'&:'e(;##$*#<'
T8$'4-82&>,.C8")'5?.>"2.-"&2'&:'h&?$,#'e(;##$;E'ec:&,(E'OPPU<
R&+,$'1.')&2)$C)"62'>,"$>.'($1'2&?.("#?&'$#'"?C&,-.2-$'$1'-,.+.I&'($'\<'!<'
R8.[E'p4.-$,#'&:'M1$#8E'!,"2j$,#'&:'S"1j/'T8$'02)"$2-'S$("-$,,.2$.2'5($&1&>;'&:'-8$'
b.#-&,.1']&?.(qE'02)"$2-'h"#-&,;E'UQGU^E'UZXOGUZXQE'CC<'VmQUW'$2'>$2$,.1'#&+,$'1.'
.)-"-*('($'1&#'>,"$>&#'8.)".'&-,&#'C*$+1&#'C*$($2'B$,#$'1&#'1"+,&#'>$2$,.1$#'($'o<'
]"CC$1E'N,"$)8$2E'\.,+.,$2'*2('po"1($q<'01-$'N$#)8")8-$'*2('R&3".1.2-8,&C&1&>"$E'
M,.2j:*,-E'UZZPE';'0<'!"81$E'5'N,$)"'$'"1'?&2(&'.2-")&E'-,.(*))"62'"-.1".2.E'M1&,$2)".E'
UZZY< ' R&+,$ ' 1. ' ,$1.)"62 ' ($ ' >,"$>&# ' $ ' "2(K>$2.# ' #&2 ' "?C&,-.2-$# ' 1&# ' -,.+.I&# ' ($'
N"*#$CC$']$2)"';'R"1B"&'a.-.1("E'pR-,*?$2-$'$'C,&)$(*,$'2$"',.CC&,-"'-,.'N,$)"'$'
"2(">$2"qE'$2'M&,?$'("')&2-.--&'$'C,&)$##"'($'-,.#:&,?.3"&2$'2$11$'#&)"$-H'.2-")8$E'
b"#.G ' A&?.E ' UZXQE ' CC< ' VXUm`P^E ' C.,. ' $1 ' C$,K&(& ' .,).")&E ' ; ' g< ' o"11E ' pb&*, ' *2$'
.2-8,&C&1&>"$ ' )&1&2".1 ' (* ' ?&2($ ' 8$11L2"#-"F*$qE ' $2 ' T8$ ' a,.:- ' &: ' -8$ ' 02)"$2-'
h"#-&,".2<'4##.;#'"2'8&2&*,'&:a8<'N<'R-.,,E']*$B.'s&,jGD&2(,$#E'UZXVE'CC<'OYQmQPUE'
C.,. ' $1 ' C$,K&(& ' 8$1$2K#-")&< ' R&+,$ ' 1.# ' ,$1.)"&2$# ' >,$)&m$>"C)".# ' $2 ' $1 ' 4>"C-&'
-&1$?.")&E'v<'N&*(,"..2E'4-82")"-;'"2'b-&1$?.")'4>;C-E'n?#-$,(.?E'UZXXE';'b<'\"1($E'
$-'.1E'4-82")"-;'"2'h$11$2"#-")'4>;C-E'0.,8*#E'UZZO<
R&+,$ ' $1 ' -$?. ' ($ ' 1. ' ,$1.)"62 ' $2-,$ ' >,"$>&# ' ; ' +H,+.,&# ' $2 ' >$2$,.1 ' 8.2'
.C.,$)"(&',$)"$2-$?$2-$'*2.'#$,"$'($',$C$,-&,"&#'($'-,.+.I&'($(").(&#'.1'-$?.')&?&'
1&#'($'7<'4<'a&1$?.2';'a<'0<'o.13'=$(#<@E'N,$$j'.2('\.,+.,".2#< '4##.;#'&2'-8$'
52-$,.)-"&2'+$-[$$2'N,$$j#'.2(']&2'N,$$j#'"2'02-"F*"-;'.2('-8$'a&2#$F*$2)$#'&:'
4*,&)$2-,"#?E ' \$-8$#(.E ' S.,;1.2(E ' UZZYE ' ; ' T8< 'h.,,"#&2 ' =$(<@E ' N,$$j ' .2('
\.,+.,".2#E'4("?+*,>&E'OPPOE'F*$',$)&>$'.1>*2&#'-,.+.I&#':*2(.?$2-.1$#'.2-$,"&,$#'

!!#

($'.*-&,$#'"?C&,-.2-$#'F*$')*+,$2'1.'.?C1".'>.?.'($'$#-.'C,&+1$?H-").<'R&+,$'1.'
C$,)$C)"62'($'a.,-.>&E'b<'\.,)$1&E'pT8$'b$,)$C-"&2'&:'a.,-8.>$'"2')1.##").1'N,$$j'
h"#-&,"&>,.C8C<0-,:.'a1H#").E'QYEUZZ^E'CC<'UmU^<'R&+,$'$1'#*C*$#-&',.)"#?&'>,"$>&E'
a8< 'T*C1"2E ' pN,$$j ' A.)"#?z ' e+#$,B.-"&2# ' &2 ' -8$ ' a8.,.)-$, ' .2( ' D"?"-# ' &: ' N,$$j'
4-82")'b,$I*(")$qE'$2'N<'T#$-#j1.(3$'=$(<@E'02)"$2-'N,$$j#'o$#-'.2('4.#-E'D$"($2E'
UZZZE ' CC< ' ^YmYV< 'R&+,$ ' 1. ' B"#"62 ' ($1 ' &-,& ' $2 ' 1.# ' ,$C,$#$2-.)"&2$# ' .,-K#-").# ' $'
"2)&2&>,H:").#E'\<'a&8L2'=$(<@E']&-'-8$'a1.##").1'5($.1<'0-8$2#'.2('-8$'a&2#-,*)-"&2'
&:'-8$'e-8$,'"2'N,$$j'0,-E'D$"($2E'OPPP<
R&+,$'$1')&2)$C-&'($'+H,+.,&E'C*$($2'B$,#$'1&#'-,.+.I&#'($'4(?&2('DLB;E'
p]."##.2)$'(*')&2)$C-'(*'+.,+.,$qE'v-$?.E'ZE'UZX^E'CC<'VmU^E';'1&#'.,-K)*1&#'?H#'
>$2$,.1$#'C$,&')&2'J-"1$#',$:1$c"&2$#'.1',$#C$)-&'($'a.,1&#'N.,)K.'N*.1E'pD.'B"#"62'
($'1&#'&-,&#'$2'1.'02-">l$(.(')1H#").qE'$2'S<'D$62'b&,-"11.E'$-'.1E'!$'C.1.+,.';'&+,.'
$2'$1'2*$B&'?*2(&E'B&1<'5'5?H>$2$#'"2-$,L-2").#E'S.(,"(E'R">1&'dd5E'UZZOE'CC<'YmQ^W'
7<'!$'A&?"11;E'pD$#'+.,+.,$#'(.2#'1.'C$2#L$'($'1.'N,L)$')1.##"F*$qE'b8&$2"cE'^YE'
UZZQE ' CC< ' OXQmOZO ' ; ' S.,)& ' N.,)K. ' k*K2-$1.E ' p\H,+.,&# ' ; ' >,"$>&#/ ' C&1K-").# ' ($'
1$)-*,.qE 'N$,"62E ' UUEUZZQE ' CC< ' QYQmQXV< ' 41 ' 1"+,& ':*2(.?$2-.1 ' #&+,$ ' $1' -$?. ' #">*$'
#"$2(&'8.#-.'.8&,.'$1'($'4("-8'h.11E'52B$2-"2>'-8$'\.,+.,K.2<'N,$$j'R$1:'!$:"2"-"&2'
-8,&*>8'T,.>$(;E'ec:&,(E'UZXZ<
R&+,$ ' 1. ' 8$1$2"3.)"62 ' ; ' #*# ' C,&+1$?.# ' $# ' :*2(.?$2-.1 ' $1 ' 1"+,& ' ($ ' 0<'
S&?">1".2&E'01"$2'o"#(&?<'T8$'D"?"-#'&:'h$11$2"3.-"&2E'a.?+,"(>$E'UZYZE'-,.(*)"(&'
.1').#-$11.2&'$2'Ma4<'R&+,$'$1')&2)$C-&'$2'#K'$#'J-"1'$1'-,.+.I&'($'a1.,.'N.11"2"E'pa8$'
)&#. ' "2-$2($,$ ' C$, ' $11$2"33.3"&2$< ' b,&+1$?" ' (" ' ?L-&(&qE ' !".1&>*" ' (0,)8$&1&>".E'
YEUZYQE'CC<'UYVmUZU<'R&+,$'$1').?C&')&2),$-&'($'1.'C$2K2#*1.'C*$($'1$$,#$')&2'
#*?&'C,&B$)8&'$1'.,-K)*1&'($'0<'!&?K2>*$3'S&2$($,&E'ph$11$2"3.-"&2'"2'5+$,".z/'T8$'
A$)$C-"&2 ' &: ' N,$$j ' b,&(*)-# ' .2( ' 52:1*$2)$# ' +; ' -8$ ' 5+$,".2#qE ' $2 ' $1 ' )"-.(& ' 1"+,&'
02)"$2-'N,$$j#'o$#-'.2('4.#-E'.2-$#')"-.(&E'CC<'QPUmQOZ<
R&+,$'1.')&2)$C)"62'($1'+*$2'#.1B.I$E'C*$($')&2#*1-.,#$'$1';.')1H#")&'1"+,&'($'
0<'e<'D&B$I&;';'N<'\&.#E'b,"?"-"B"#?'.2('A$1.-$('5($.#'"2'02-"F*"-;E'\.1-"?&,$E'UZQVE'
,$$("-.(&'.8&,.'$2'UZZY<'R&+,$'1&#'$#C.)"&#'"?.>"2.,"&#'C*$($')&2#*1-.,#$'2*$#-,&'
T"$,,.#':.+*1&#.#'$2'1.'02-">l$(.(E'01).1H'($'h$2.,$#E'UZZV<

YT'!"%#,*+'('"*2&1*+
R&+,$ ' 1. ' ,$1.)"62 ' $2-,$ ' >,"$>&# ' ; ' ,&?.2&# ' $2 ' >$2$,.1E ' .#K ' )&?& ' #*#'
,$#C$)-"B.#'.)-"-*($#'?*-*.#E'#&2':*2(.?$2-.1$#'1&#'-,.+.I&#'($'\<'M&,-$E'A&?$'.2('
-8$ ' A&?.2# ' .# ' -8$ ' N,$$j# ' #.[ ' -8$?E ' A&?.E ' UZYOW ' ]< ' v< ' b$-,&)8"1&#E ' A&?H2'
0--"-*($# ' -& ' -8$ ' N,$$j#E ' 0-$2.#E ' UZY^W ' 0< ' o.,(?.2E ' A&?$# ' !$+- ' -& ' N,$$)$E'
D&2(,$#E'UZY`W'$1').CK-*1&')&,,$#C&2("$2-$'.'1&#',&?.2&#E'.').,>&'($'4<'A.[#&2'$2'
$1'B&1*?$2')&1$)-"B&'v<'7<'!&B$,E'b$,)$C-"&2#'&:'-8$'02)"$2-'N,$$j#E'ec:&,(E'UZZOE'
CC<'UmOXW';'1.',$)"$2-$')&1$))"62'($'.,-K)*1&#'("B$,#&#',$)&C"1.(.'C&,'4<']<'e#-$2:$1('
=$(<@E'N,$$j'A&?.2#'.2('A&?H2'N,$$j#E'0.,8*#E'OPPO<
R&+,$'1.'B"&1$2)".'$2'1&#'I*$>&#'>,"$>&#'C*$($'B$,#$'$1'1"+,&'($'S")8.$1'\<'
b&1".j&::E'a&?+.-'RC&,-#'"2'-8$'02)"$2-'o&,1(<'a&?C$-"-"&2E'i"&1$2)$'.2('a*1-*,$E'
]$['h.B$2E'UZXY<

!!$

R&+,$'1.'.(&C)"62'($'1.':"1&#&:K.'>,"$>.'C&,'A&?.E'C*$($2'B$,#$'.1>*2&#'($'
1&# ' -,.+.I&# ' ,$*2"(&# ' $2 ' $1 ' B&1*?$2 ' $#C$)".1 ' ($ ' h.,B.,( ' R-*("$# ' "2 ' a1.##").1'
b8"1&1&>;E ' ZYEUZZVE ' F*$ ' 11$B. ' C&, ' -K-*1& ' N,$$)$ ' "2 ' A&?$/ ' 52:1*$2)$E ' 52-$>,.-"&2E'
A$#"#-.2)$E')&?&'1&#'($'N"#$1.'R-,"j$,'#&+,$'a")$,62';'1.':"1&#&:K.'>,"$>.'&'\,.('
52[&&('#&+,$'RL2$).';'#*'?$("&'"2-$1$)-*.1< 'S*;',$)"$2-$?$2-$'#&+,$'1.':"1&#&:K.'
,&?.2.';'#*'($*(.'>,"$>.E'S<'S&,:&,(E'T8$'A&?H2'b8"1&#&C8$,#/':,&?'-8$'-"?$'&:'
a.-&'-8$'a$2#&,'-&'-8$'!$.-8'&:'S.,)*#'0*,$1"*#E'D&2(,$#E'OPPO<
R&+,$'1.'C$)*1".,"(.('($'1&#'?"-&#',&?.2&#E'f<'D*>1"E'S"-"'i$1.-"<'D.'?"-&1&>K.'
,&?.2.')&?$'C,&+1$?.'#-&,"&>,.:")&E'N$2&B.E'UZZ`<
R&+,$'1.')&2F*"#-.',&?.2.'($'N,$)".'#&2'+H#")&#'1&#'1"+,&#'($'4<'N,*$2E'T8$'
h$11$2"#-")'o&,1('.2('-8$'a&,2"2>'&:'A&?$E'O'B&1#<E'\$,j$1$;mD&#'n2>$1$#E'UZX^E')&2'
,$$(")"&2$#E ' ; ' $1 ' :*2(.?$2-.1 ' $#-*("& ' ($ ' 7$.2mD&*"# ' M$,,.,;E ' b8"18L11$2"#?$ ' $-'
"?CL,".1"#?$<'0#C$)-#'"(L&1&>"F*$#'($'1.')&2F*L-$',&?."2$'(*'?&2($'8$11L2"#-"F*$E'
A&?.E'UZXXE'(&2($'#$'8.11.,H'?$2)"&2.(.'-&(.'1.'.?C1K#"?.'+"+1"&>,.:K.'.2-$,"&,<'
R&+,$'1.',$1.)"62'($'1&#'>,"$>&#')&2'$1'"?C$,"&',&?.2&'#&2'+H#")&#'1&#'1"+,&#'($'N1$2'
\&[$,#&)jE'0*>*#-*# '.2( '-8$ 'N,$$j 'o&,1(E'ec:&,(E'UZ`VE',$"?C,$#& '($#C*L# '$2'
o$#-C&,-E ' a&22$)-")*-E ' UZXUE ' ; ' h$11$2"#? ' "2 ' D.-$ '02-"F*"-;E '022 '0,+&,E ' S")8">.2E'
UZZPE ' .#K ' )&?& ' $1 ' ).CK-*1& ' ($ '0< ' h< ' S< ' 7&2$#E ' pT8$ ' N,$$j# ' *2($, ' -8$ ' A&?H2'
4?C",$qE'$2'b<'\,*2-'=$(<@E'R-*("$#'"2'02)"$2-'4)&2&?")'.2('0(?"2"#-,.-"B$'h"#-&,;E'
ec:&,(E'UZY^E'CC<'ZPmUUQ<'R&+,$'1.'N,$)".',&?.2.E'$1',$)"$2-$'$#-*("&'($'R*#.2'4<'
01)&)jE'N,.$)".'a.C-.<'T8$'D.2(#).C$'&:'A&?.2'N,$$)$E'a.?+,"(>$E'UZZQ<
R&+,$'1.',$1.)"62'($'b&1"+"&')&2'A&?.E'M<'o<'o.1+.2jE'b&1;+"*#E'\$,j$1$;mD&#'
n2>$1$#E ' UZZPE ' $1 ' ).CK-*1& ' )&,,$#C&2("$2-$E ' CC< ' UVYmUXQW ' ; ' $1 ' 1"+,& ' ($ ' !< ' S*#-"E'
b&1"+"& '$ ' 1"?C$,".1"#?& ' ,&?.2&E ' ]HC&1$#E ' UZYX< ' R&+,$ ' b&1"+"& ' ;' b&#"(&2"& ' $2 ' #*'
,$1.)"62')&2'A&?.'$#':*2(.?$2-.1'$1'-,.+.I&'($'0<'S&?">1".2&E'pb&1"+"&E'b&#"(&2"&'$'
U"?C$,".1"#?&',&?.2&qE',$)&>"(&'$2'D.'8"#-&,"&>,.:K.'>,"$>.E'-,.(*)"(&'.1').#-$11.2&'
$2'\.,)$1&2.E'a,K-").E'UZX^<
R&+,$'!"&2"#"&'($'h.1").,2.#&E'4<'N.++.E'!"&2;#"*#'.2('-8$'h"#-&,;'&:'0,)8.")'
A&?$E'\$,j$1$;mD&#'n2>$1$#E'UZZUE';'$1'-,.+.I&'($'M,<'h.,-&>E'pA&?$'$-'1.'N,L)$/'
1$#')8&"c'($'!$2;#'(h.1").,2.##$qE'$2'$1')"-.(&'B&1*?$2'$("-.(&'C&,'R<'R."(E';.'
)"-.(&'.2-$,"&,?$2-$E'CC<'U^ZmU`Y<
R&+,$'1.'#$>*2(.'#&:K#-").'$#':*2(.?$2-.1'$1'.,-K)*1&'($'4<'D<'\&["$'pN,$$j#'
.2('-8$",'b.#-'"2'-8$'R$)&2( 'R&C8"#-")qE'$2'S<'5<'M"21$;'=$(<@E'R-*("$#'"2'02)"$2-'
h"#-&,;E ' D&2(,$#E ' UZY^E ' -,.(*)"(& ' .1 ' ).#-$11.2& ' $2 ' \.,)$1&2.E ' a,K-").< ' 42 ' >$2$,.1'
#&+,$'1.'1"-$,.-*,.'>,"$>.';'$1'"?C$,"&'$#'?*;'"2-$,$#.2-$'$1',$)"$2-$'1"+,&'($'T"?'
o8"-?.,#8E'N,$$j'D"-$,.-*,$'.2('-8$'A&?.2'4?C",$E'ec:&,(E'OPPO
42'>$2$,.1'#&+,$'1.',$1.)"62'$'"2-$,.))"62')*1-*,.1'$2-,$'1.')*1-*,.'>,"$>. ';'
A&?.E'C*$($2'B$,#$'$1'#*?.,"&'C$,&'"2-$,$#.2-$'-,.+.I&'($'4<'M,.2j$1E'pA&?$'.2('
N,$$j'a*1-*,$qE',$)&>"(&'$2'#*#'v1$"2$'\$"-,.>$'3*,'v1.##"#)8$2'b8"1&1&>"$E'A&?.E'
UZ`^E'CC<'VXQmVZXW';'.1>*2&#'?H#',$)"$2-$#')&?&'1&#'($'!<';'s<'A&?H2E'A&?$E'
1"($2-"-L',&?."2$'$-'1.')*1-*,$'8$11L2"#-"F*$'=OUXmQU'.B<'7<a@E'b.,K#E'UZZ^W'1&#'1"+,&#'($'
4< 'R<' N,*$2E 'R-*("$# '"2 'N,$$j 'a*1-*,$ ' .2( 'A&?.2 ' b&1");E '\$,j$1$;mD&# 'n2>$1$#E'
UZZPE';'a*1-*,$'.2('].-"&2.1'5($2-"-;'"2'A$C*+1").2'A&?$E'5-8.).E']*$B.'s&,jE'UZZOE'
$#C$)".1?$2-$'1&#').CK-*1&#'($(").(&#'.'a.-62';'.1'.-,.)-"B&'($'N,$)".'$2'1.#'CC<'VOm
XQ ' ; ' OOQmOYU ' ,$#C$)-"B.?$2-$W ' 4< ' A.[#&2E ' 52-$11$)-*.1 ' D":$ ' "2 ' -8$ ' D.-$ ' A&?H2'
A$C*+1")E'\.1-"?&,$E'UZXVE'-&(&#'$11&#'#&+,$'1.'($)"#"B.'C$2$-,.)"62')*1-*,.1'>,"$>.'
$2 ' A&?. ' ; ' 1.# ' ,$#C*$#-.# ' F*$ ' ,$)"+"6 ' $2 ' 1&# ' ?$("&# ' ,&?.2&#W ' #&+,$ ' 1. ' :">*,.'

!!%

:*2(.?$2-.1'($'a.-62'$2'$#-$'#$2-"(&'C*$($'.)*(",#$'.'1.')1H#").'?&2&>,.:K.'($'0<'
4<'0#-"2E'a.-&'-8$'a$2#&,E'ec:&,(E'UZYX<
R&+,$ ' 1. ' ($+.-"(. ' 8$1$2"3.)"62 ' ($ ' A&?.E ' b< ' i$;2$E ' pT8$ ' h$11$2"3.-"&2 ' &:'
A&?$ ' .2( '-8$ ' k*$#-"&2 ' &: '0))*1-*,.-"&2qE ' !"&>L2$E ' UP`EUZYZE ' CC< 'UmOYE ')&2 ' #*#'
"($.#'#"$?C,$'C*23.2-$#';'$#)1.,$)$(&,.#W'7<'5#.>$,E'pT8$'h$11$2"3.-"&2'&:'A&?$/'
D*c*,".'&,'1"+$,.1"-.#zqE'$2'b<'\"1($'$-'.1E'0#C$)-#'&:'h$11$2"#?'"2'5-.1;/'T&[.,(#'.'
a*1-*,.1 ' f2"-;zE ' a&C$28.>*$E ' UZZQE ' CC< ' OVYmOYVW ' v< ' D&?.#E ' pT8$ ' N,$$j# ' "2 ' -8$'
o$#-'.2('-8$'h$11$2"3.-"&2'&:'5-.1;q'$2'0<'b&[$11'=$(<@E'T8$'N,$$j'o&,1(E'D&2(,$#E'
UZZVE'CC<'Q^YmQ`YW'N<'o&&1:E'p\$)&?"2>'A&?.2E'R-.;"2>'N,$$j/'a*1-*,$E'5($2-"-;'
.2( ' -8$ ' a"B"1"3"2> ' b,&)$## ' "2 ' -8$ ' A&?.2 ' 4.#-qE ' b,&)$$("2># ' &: ' -8$ ' a.?+,"(>$'
b8"1&1&>").1'R&)"$-;E'^PE'UZZQGUZZ^E'CC<'UU`mU^QE'.#K')&?&'$1'"1*?"2.(&,'.,-K)*1&'($'
A.?#.; ' S.) ' S*11$2E ' ph$11$2"3"2> ' -8$ ' A&?.2# ' =O2( ' a$2-*,; ' \< ' a<@qE ' h"#-&,".E'
^PE^EUZZUE'CC<'^UZm^QX<
R&+,$'1.'C$,)$C)"62'($'A&?.'$2'$1'?*2(&'>,"$>&'#&2'$#$2)".1$#'1&#'-,.+.I&#'
($'4?"1"&'N.++.E'pD.'2.#)"-H'($1'b"($.'("'A&?.'2$1'?&2(&'>,$)&qE'A"B"#-.'#-&,").'
"-.1".2.E'UPZE'UZZYE'CC<'^OVm^QVW';'02(,$['4,#j"2$E'pA&?$'"2'-8$'N,$$j'o&,1(/'T8$'
#">2":").2)$'&:'.'2.?$qE'$2'$1'1"+,&'.2-$#')"-.(&'($'0<'b&[$11E'T8$'N,$$j#E'CC<'Q`Xm
QXQ<
D.'-,.(*))"62'($'1&#'B$,#&#'($'i",>"1"&'$#'($'i")$2-$'a,"#-6+.1<

ZT'!"%#,*+['F4/H*+'('$"%+0%&1*+
D. ' +"+1"&>,.:K. ' $c"#-$2-$ ' #&+,$ ' 1.# ' ,$1.)"&2$# ' $2-,$ ' $1 ' ?*2(& ' >,"$>& ' ; ' $1'
I*(."#?& ' #$ ' 8. ' .),$)$2-.(& ' )&2#"($,.+1$?$2-$ ' $2 ' 1&# ' J1-"?&# ' -"$?C&#< ' 0 ' 1&#'
-,.+.I&#';.')1H#")&#'($'0,2.1(&'S&?">1".2&'C*+1").(&#'$2'(&#').CK-*1&#'($'#*'01"$2'
o"#(&?E ' ;. ' )"-.(&E ' -,.(*)"(& ' .1 ' ).#-$11.2& ' )&?& ' D. ' #.+"(*,K. ' ($ ' 1&# ' +H,+.,&#E'
S.(,"(E'Ma4E'UZXXE'F*$':*$,&2'1*$>&'.+,$B".(&#'$2'#*'.,-K)*1&'p7*(K&#';'N,"$>&#qE'
"2)1*"(& ' .8&,. ' $2 ' #*# ' bH>"2.# ' 8$+,.").#E ' -,.(*)"(& ' .1 ' ).#-$11.2& ' $2 ' S.(,"(E'
S&2(.(&,"E'UZZPE'#$'#*?.2'1.'&+,.'?H#'.?C1".'($'41".#'\")j$,?.2E'T8$'7$[#'"2'-8$'
N,$$j'0>$E'h.,B.,('f2"B$,#"-;'b,$##E'a.?+,"(>$E'S.##<E'UZXXE'$1'$#-*("&')&2I*2-&'
($'g<'o"11';'a1<'e,,"$*cE'5&*(."#?&#mh$11L2"#?&#<'4##."'#*,'1$'I*(."#?$'I*(L$2'H'
1LC&F*$ '8$11L2"#-"F*$E 'b,$##$# '*2"B$,#"-.",$# '($ '].2);E 'UZX`E'; '$1 '1"+,& '($ '7<'A<m
\.,-1$--E'I$[#'"2'-8$'h$11$2"#-")'o&,1(E'a.?+,"(>$'f2"B$,#"-;'b,$##E'a.?+,"(>$E'UZXVE'
F*$ ' )&2-"$2$ ' *2 ' $#-*("& ' ($ ' 1&# ' C,"2)"C.1$# ' -$c-&# ' =a.,-. ' ($ ' 0,"#-$.#E ' &,H)*1&#'
#"+"1"2&#E'4*C61$?&';'M1.B"&'7&#$:&@<'A$)"$2-$?$2-$')&2-.?&#')&2'$1'$#-*("&'($'4,")'
N,*$2E ' h$,"-.>$ ' .2( ' h$11$2"#?< ' T8$ ' A$"2B$2-"&2 ' &: ' I$["#8 ' T,.("-"&2E ' f2"B$,#"-;&:'
a.1":&,2".'b,$##E'UZZX<
R&+,$ '1. ' :">*,. ' ($ ' M"162 ' ($ '01$I.2(,K. ' $c"#-$ ' $1 ' )1H#")& ' $#-*("& ' ($ ' 7$.2 ' !'
.2"L1&*E'42#.;&'#&+,$'M"162'($'01$I.2(,K.E'-,.(*)"(&'.1').#-$11.2&'$2'S.(,"(E'T.*,*#E'
UZ`OW'#&+,$'1.').,-.'($'0,"#-$.#'C*$($'B$,#$'$1',$)"$2-$'1"+,&'($'D*)".2&'a.2:&,.E'55'
B".>>"&'("'0,"#-$.E'\.,"E'UZZ`<'42'>$2$,.1'#&+,$'1.'1"-$,.-*,.'I*($&m8$1$2K#-").'$c"#-$'
*2 ' +*$2 ' C.2&,.?. ' $2 ' 7$.2 ' R","2$11"E ' D$# ' $2:.2-# ' (01$c.2(,$< ' D. ' 1"--L,.-*,$ ' $-'
1.C$2#L$>,$)F*$#'QQ^'.B<'7<a'm'VOZ'.C<7<aE'b.,K#E'UZZQ<
R&+,$'1.#',$1.)"&2$#'$2-,$'$1'),"#-".2"#?&';'1.')*1-*,.'>,"$>.')&2-.?&#')&2'$1'
1"+,"-&';.')1H#")&'($'o$,2$,'7.$>$,E'a,"#-".2"#?&'C,"?"-"B&';'C."($".'>,"$>.E'-,.(*)"(&'

!!&

$2'$1'Ma4E'SLc")&E'UZY^E'F*$',$)&>$'*2.'#$,"$'($')&2:$,$2)".#'"?C.,-"(.#'C&,'$1'
.*-&, ' #&+,$ ' $1 ' -$?. ' $2 ' UZ`P< ' SH# ' ,$)"$2-$?$2-$ ' C*$($ ' 8.11.,#$ ' "2:&,?.)"62'
"2-$,$#.2-$'#&+,$'($-$,?"2.(&#'.#C$)-&#'($1'-$?.'$2'$1'1"+,&'($'7.,&#1.B'b$1"j.2E'
a8,"#-".2"-;'.2( ' a1.##").1 'a*1-*,$< 'T8$ ' S$-.?&,C8&#"# ' &:'].-*,.1 'T8$&1&>;'"2 '-8$'
a8,"#-".2'42)&*2-$,'["-8'h$11$2"#?E's.1$'f2"B$,#"-;'b,$##E']$['h.B$2E'UZZQE'F*$'
)&2)$2-,.'#*'.-$2)"62'#&+,$'*2'-$?.'?H#'$#C$)K:")&'.*2F*$'$2'1.'"2-,&(*))"62'#$'
C1.2-$.2 ' +"$2 ' 1.# ' 1K2$.# ' >$2$,.1$# ' ($1 ' -$?.< ' SH# ' ,$)"$2-$?$2-$ ' $# ' )1.,& ' ;'
)&2-*2($2-$'$1'-,.+.I&'($'A<'v.2;E'pN,$)"-H'$'),"#-".2$#"?&qE'$2'1.'&+,.')&1$)-"B.'5'
N,$)"'&1-,$'1.'N,$)".<'5'N,$)"<'QE'4"2.*("E'T*,K2E'OPPUE'CC<'V`QmVZU<
R&+,$'$1'C.C$1'($-$,?"2.2-$'($'1.':"1&#&:K.'>,"$>.'#&+,$'$1'),"#-".2"#?&'C*$($2'
)&2#*1-.,#$'1&#'1"+,&#'($'b"$,,$'h.(&-E'4c$,)"#$#'#C","-*$1#'$-'C8"1&#&C8"$'.2-"F*$E'
b.,K#E'UZZQE';'0<'h<'0,?#-,&2>';'A<'0<'S.,j*#E'a8,"#-".2'M."-8'.2('N,$$j'b8"1&#&C8;E'
D&2(,$#E'UZ`P< 'f2'+.1.2)$'>1&+.1'($'1.')*$#-"62 '#$'$2)*$2-,.'$2'$1').CK-*1&'($1'
?"#?&'0,?#-,&2>E'pM"1&#&:K.'>,"$>.';'),"#-".2"#?&qE'($2-,&'($1'B&1*?$2'$("-.(&'C&,'
S<'5<'M"21$;E'41'D$>.(&'($'N,$)".E'-,.(*)"(&'$2'a,K-").E'\.,)$1&2.<'42'C.,-")*1.,'#&+,$'
1.# ' ,$1.)"&2$# ' "2-$2#.# ' ; ' )&2:1")-"B.# ' )&2 ' $1 ' 2$&C1.-&2"#?&E ' !< ' 7< ' eq ' S$.,$E'
]$&C1.-&2"#?'.2('a8,"#-".2'T8&*>8-E'01+.2;E']*$B.'s&,jE'UZXOE'.#K')&?&'.1>*2&'($'
1&# '-,.+.I&# ',$)&>"(&# '$2 '$1 ' 1"+,& '$("-.(& 'C&, '0< 'S&?">1".2&E '41 ')&2:1")-& '$2-,$ '$1'
C.>.2"#?& ';' $1 '),"#-".2"#?& ' $2 ' $1 ' #">1& ' "BE' -,.(*)"(& ' $2 ' S.(,"(E'01".23. ' 4("-&,".1E'
UZXZE ' $#C$)".1?$2-$ ' 1&# ' .,-K)*1&# ' ($ ' S.,,&* ' ; ' a&*,)$11$< ' R&2 ' $2 ' >$2$,.1'
$c-,$?.(.?$2-$ ' "2-$,$#.2-$# ' $2 ' -&(&# ' 1&# ' #$2-"(&# ' 1&# ' 1"+,&# ' ($ ' 4< ' A< ' !&((#E'
b.>.2&#';'),"#-".2&#'$2'*2.'LC&).'($'.2>*#-".E'-,.(*)"(&'.1').#-$11.2&'$2'S.(,"(E'
a,"#-".2(.(E'UZYVE';'$1'?H#',$)"$2-$'($'v$"-8'h&Cj"2#E'0'o&,1('M*11'&:'N&(#< 'T8$'
R-,.2>$'T,"*?C8'&:'a8,"#-".2"-;E']*$B.'s&,jE'OPPU<'R&+,$'1.'&+,.':*2(.?$2-.1'($'
a$1#&E'S<'M,$($E'pa$1#*#'.--.)j'&2'-8$'a8,"#-".2#q'$2'T<'\.,2$#';'S<'N,"::"2'=$(#<@E'
b8"1&#&C8".'T&>.-.'55E'ec:&,(E'UZZYE'CC<'OUXmO^P<
R&+,$ ' 1. ' "2:1*$2)". ' $2 ' $1 ' ),"#-".2"#?& ' ($ ' 1.# ' ,$1">"&2$# ' ?"#-L,").# ' ; ' ($ ' 1&#'
)*1-&# ' &,"$2-.1$# ' C*$($ ' B$,#$ ' $1 ' 1"+,& ' ($ ' o.1-$, ' \*,j$,-E '02)"$2- ' S;#-$,; ' a*1-#E'
a.?+,"(>$E ' S.##<E ' UZXYW ' D< ' h< ' S.,-"2E 'T8$ ' h$11$2"#-") ' A$1">"&2#< '02 ' 52-,&(*)-"&2E'
]*$B.'s&,jE'UZXYW'0<']$;-&2E'D$#')1$:#'C."$22$#'(*')8,"#-".2"#?$E'b.,K#E'UZYZE';'$2'
C.,-")*1.,'$1':*2(.?$2-.1'$#-*("&'($'0<'!<']&)jE'a&2B$,#"62<'T8$'e1('.2('-8$']$['"2'
A$1">"62':,&?'01$c.2($,'-8$'N,$.-'-&'0*>*#-"2$'&:'h"CC&E'ec:&,(E'UZQQE',$"?C,$#&'
.8&,.'$2'\.1-"?&,$E'UZZX<

\T'-*+',"%#,*+'(')&'$4)04"&'*$$%/#10&)
R&+,$'$1'1$>.(&'($'A&?.'$2'1.')*1-*,.'$*,&C$.'C*$($2'B$,#$'1&#'1"+,&#'($'
A")8.,( ' 7$2j;2#E ' =$(<@E ' 41 ' 1$>.(& ' ($ ' A&?.< ' f2. ' 2*$B. ' B.1&,.)"62E ' -,.(*)"(& ' $2'
\.,)$1&2.E'a,K-").E'UZZVE';'4B.'a.2-.,$"c.E'41'C$#&'($'A&?.'$2'1.')*1-*,.'$*,&C$.E'
-,.(*)"(&'$2'S.(,"(E'0j.1E'UZZ`<
R&+,$'C.C$1'($'N,$)".'$2'1.')*1-*,.'$*,&C$.'$2'>$2$,.1'#&2'$#$2)".1$#'1&#'
1"+,&# ' ($ ' N"1+$,- ' h">8$-E ' D. ' -,.(")"62 ' )1H#").E ' O ' B&1#<E ' -,.(*)"(& ' $2 ' SLc")&E ' Ma4E'
UZYXW ' ; ' 1.# ' 8"#-&,".# ' ($ ' 1. ' :"1&1&>K. ' )1H#"). ' ?H# ' )&2&)"(.# ' )&?& ' 1. ' ($ ' A*(&1C:'
b:$"::$,E'h"#-&,".'($'1.':"1&1&>K.')1H#").E'O'B&1#<E'-,.(*)"(.'$2'S.(,"(E'N,$(&#E'UZXU<'4#'
-.?+"L2':*2(.?$2-.1'$1'1"+,&'($'A$;2&1#';'o"1#&2E'R),"+$#'.2('R)8&1.,#E';.')"-.(&'

!!'

.2-$,"&,?$2-$E';'$1'1"+,"-&')&2)"#&';'?.>2K:").?$2-$'"1*#-,.(&'($'A&1.2(';'M,.2)&"#$'
g-"$22$E'D.'N,L)$'.2-"F*$E'.,)8L&1&>"$'(*2$'(L)&*B$,-$E'b.,K#E'UZZP'=-,.(*)"(&'.1'
).#-$11.2&')&2'*2'-K-*1&'+.#-.2-$'($#.:&,-*2.(&'F*$'C.,$)$',$#-,"2>",'#*')&2-$2"(&'.'
1.'N,$)".'p8$1$2K#-").q@<'R&2'-.?+"L2'?*;'J-"1$#'1&#'1"+,&#'($'M.2"S.,".'T#">.j&*E'
A$($#)*+,"?"$2-& ' ($ ' N,$)".< ' i".I$,&# ' ; ' C"2-&,$# ' ($1 ' ,&?.2-")"#?&E ' -,.(*)"(& ' $2'
\.,)$1&2.E'4(")"&2$#'($1'R$,+.1E'UZXVE';'($'A")8.,('R-&2$?.2E'D.2(#'&:'1&#-'N&(#<'
T8$'R$.,)8:&,'a1.##").1'N,$$)$E'D&2(,$#E'UZXY<'4#'?*;'J-"1'-.?+"L2'$2'$#-$'.#C$)-&'
$1'C.2&,.?.'),K-")&'-,.3.(&'C&,'5.2'S&,,"#'$2'p0,)8$&1&>"$#'&:'N,$$)$qE'$2'5<'S&,,"#'
=$(<@E ' a1.##").1 ' N,$$)$< '02)"$2- ' h"#-&,"$# ' .2( ' ?&($,2 '0,)8$&1&>"$#E ' a.?+,"(>$E'
UZZ^E ' CC< ' Xm^Y< ' S*)8.# ' ?H# ' ,$#$,B.# ' C,$#$2-. ' $1 ' +.1.2)$ ' &:,$)"(& ' $2 ' $1 ' 1"+,&'
$("-.(& ' C&, ' a.,&1 ' N< ' T8&?.#E ' b.-8# ' :,&? ' 02)"$2- ' N,$$)$E ' D$"($2E ' UZXXE ' )&2'
.C&,-.)"&2$#'?*;'($#">*.1$#<
R&+,$'1.')*1-*,.'>,"$>.'$2'1.'4(.('S$(".'#&2':*2(.?$2-.1$#'1&#').CK-*1&#'($'
0<'a<'!"&2"#&--"E'pT8$'S$("$B.1'o$#-qE'$2'$1'1"+,&'b$,)$C-"&2#'&:'-8$'02)"$2-'N,$$j#E'
;.')"-.(&E'CC<'UPPmUOYE';'($'o.1-$,'\$,#)8"2E'p55'>,$)&'"2'e))"($2-$/')&>2&#)$23.'$'
">2&,.23.'=#$)&1"'"B_c"B@qE'$2'N,$)"'&1-,$'1.'N,$)".E'B&1<'Q'($'1.'#$,"$'N,$)"<'R-&,".E'
)*1-*,.E'.,-$E'#&)"$-HE'(",">"(.'C&,'R.1B.-&,$'R$--"#E'T*,K2E'OPPOE'CC<'UUPYmUUUVE';'$1'
1"+,& ' $2 ' >$2$,.1 ' ($ ' A< ' A< ' \&1> ' .,E ' T8$ ' a1.##").1 ' h$,"-.>$ ' .2( ' "1# ' \$2$:")".,1$#E'
a.?+,"(>$E'UZV^E')&2'#*)$#"B.#',$$(")"&2$#<
R&+,$'1.')&2-"2*"(.('($'1.')*1-*,.'>,"$>.'$2'\"3.2)"&'C*$($'B$,#$'$1'1*?"2&#&'
-,.+.I&'($'A&+$,-'\,&[2"2>E'pT8$'a&2-"2*"-;'&:'h$11$2"#?'"2'-8$'\;3.2-"2$'o&,1(/'
0CC$.,.2)$ ' &, ' A$.1"-;zqE ' ,$)&>"(& ' .8&,. ' $2 ' $1 ' B&1*?$2 ' h"#-&,;E ' D.2>*.>$ ' .2('
D"-$,.); ' "2 ' -8$ ' \;3.2-"2$ ' o&,1(E ' ]&,-8.?C-&2E ' UZXZE ' ).C< ' UE ' F*$ ' .+&>. ' C&, ' 1.'
C$,?.2$2)". ' ($1 ' 1$>.(& ' .2-">*& ' . ' C$#., ' ($1 ' ).,H)-$, ' $#$2)".1?$2-$ ' ,&?.2& ' ($1'
$#-.(&E'($'1.'"2)"($2)".'($'C&+1.)"&2$#'.I$2.#'.'1&'>,"$>&')&?&'1.'($'1&#'$#1.B&#';'
($'&-,.#')&?*2"(.($#'&,"$2-.1$#E'F*$'#*:,"$,&2'.'#*'B$3'*2.')"$,-.'8$1$2"3.)"62E';'
($'1.'),"#-".2"3.)"62'($1'"?C$,"&<
R&+,$'N,$)".';'$1'A$2.)"?"$2-&E'#">*$'#"$2(&':*2(.?$2-.1'$1'1"+,&'($'A&+$,-&'
o$"##E'T8$'A$2."##.2)$'!"#)&B$,;'&:'a1.##").1'02-"F*"-;E'O<.'$(E'ec:&,(E'UZXXE';'$1'
).CK-*1& ' ($ ' b$-$, ' \*,j$ ' $2 ' b$,)$C-"&2# ' &: ' -8$ '02)"$2- ' N,$$j#E ' CC< ' UOXmU^`< ' R$'
$2)*$2-,. '.+*2(.2-$ '"2:&,?.)"62 '#&+,$ ' 1. '.)-"B"(.( '($ '1&# '(":$,$2-$# '8*?.2"#-.#'
"-.1".2&#'$2'$1'1"+,&'($']<'N<'o"1#&2E'M,&?'\;3.2-"*?'-&'5-.1;<'N,$$j'R-*("$#'"2'-8$'
5-.1".2 ' A$2."##.2)$E ' \.1-"?&,$E ' UZZOE ' ; ' ($1 ' ?"#?& ' .*-&, ' M"161&>&# ' \"3.2-"2&#E'
S.(,"(E'01".23.'4("-&,".1<'R&+,$'1.'02-">l$(.('>,"$>.'$2'-"$?C&#'($'1.'51*#-,.)"62E'a<'
N,$11E'D$'cB"2$'#"L)1$'$-'102-"F*"-LE'b.,K#E'UZZOW'#&+,$'.1>*2.#':">*,.#'?H#')&2),$-.#E'
A<'a<'v2">8-E 'A.)"2$'$-'1.'N,L)$E'b.,K#E'UZY^E ';'7<'R$32$)E'4##."#'#*,'!"($,&-$-'
102-"F*"-LE'ec:&,(E'UZVY<
R&+,$'$1'C.C$1'($'N,$)".'$2'1.'A$B&1*)"62'M,.2)$#.E'$2-,$'1&#'2*?$,&#&#'
-,.+.I&#'($(").(&#'.1'-$?.'C&,'1.'8"#-&,"&>,.:K.':,.2)$#.'#&2':*2(.?$2-.1$#'$1'1"+,&'
($'a1<'S&##LE'D02-"F*"-L'(.2#'1.'ALB&1*-"&2':,.2)."#$E'b.,K#E'UZXZE';'$1'-,.+.I&'($'
b"$,,$ ' i"(.1m].F*$-E ' pD. ' C1.)$ ' ($ ' 1. ' N,L)$ ' (.2# ' 1"?.>"2.",$ ' ($# ' 8&??$# ' ($ '1.'
ALB&1*-"&2qE'$2'$1'1"+,&'($1'?"#?&'.*-&,E'D.'(L?&),.-"$'>,$)F*$'B*$'(."11$*,#E'b.,K#E'
UZZPE'CC<'OUUmOQVE'-,.(*)"(&'$2'S.(,"(E'0j.1W'($1'?"#?&'.*-&,'$#'-.?+"L2'"?C&,-.2-$'
$2 '$#-$ '?"#?& '.#C$)-& '#* '.,-K)*1& 'pD. ':&,?.-"&2 '($ '10-8L2$# '+&*,>$&"#$< '4##."'
(8"#-&,"&>,.C8"$ ' UYVPmUXVPqE ' $2 ' $1 ' ?"#?& ' 1"+,& ' .2-$# ' ?$2)"&2.(&E ' CC< ' U`UmOPZW'
?H# ' ,$)"$2-$?$2-$ ' C*$($ ' B$,#$ ' $1 ' ).CK-*1& ' ($ ' M,.2)&"# ' h.,-&>E ' pD. ' ,LB&1*-"&2'
:,.2)."#$'$-'102-"F*"-L<'0B$2",'(*2$'"11*#"&2'&*')8$?"2$?$2-'(*2'F*"'C,&'F*&zqE'$2'

!!(

a8<'0B1.?"E'D02-"F*"-L'>,$)F*$'.*'c"c$'#"L)1$<'f2'$c$?C1*?')&2-$#-LzE'b.,K#E'OPPPE'
CC<'Ym^`E'.#K')&?&'&-,&#'-,.+.I&#'F*$':">*,.2'($2-,&'($'$#-$'?"#?&'B&1*?$2<
R&+,$'1.'R&)"$(.('($'1&#'!"1$--.2-"';'#*'"?C&,-.2)".'#&+,$'$1'($#.,,&11&'($'1.'
.:")"62'C&,'N,$)".'$2'52>1.-$,,.E'C*$($2'B$,#$'$1').CK-*1&')&,,$#C&2("$2-$'($1')"-.(&'
1"+,&'($'R-&2$?.2'D.2(#'&:'D&#-'N&(#E'CC<'UUPmUQVW';'1&#'.?C1"&#')&?$2-.,"&#'F*$'
1$'($(").'\<'h<'R-$,2E'T8$'A"#$'&:'A&?.2-")'h$11$2"#?'"2'42>1"#8'D"-$,.-*,$<'UYQOm
UYX`E ' ,$$("-.(& ' $2 ' ]*$B. ' s&,jE ' UZ`Z< ' R&+,$ ' $1 ' 8$1$2"#?& ' ,&?H2-")& ' "2>1L# ' $2'
>$2$,.1'#$'$2)*$2-,.'*2'+*$2'C.2&,.?.'$2'$1').CK-*1&'($'T"?&-8;'o$++E'pA&?.2-")'
h$11$2"#?qE'$2'R<'a*,,.2-'=$(<@E'T8$'a.?+,"(>$'a&?C.2"&2'-&'\,"-"#8'A&?.2-")"#?E'
a.?+,"(>$E ' UZZQE ' CC< ' U^XmUY`W ' ?H# ' ,$)"$2-$?$2-$ ' !.B"( ' M$,,"#E ' R"1$2- ' f,2#<'
A&?.2-")"#?E'h$11$2"#?E'S&($,2"-;E'R-.2:&,(E'a.1":&,2".E'OPPP<
R&+,$'$1'"?C.)-&'C,&B&).(&'C&,'1&#'?H,?&1$#'($1'b.,-$262E'.($?H#'($1';.'
)1H#")&'\<'M<'a&&jE'T8$'41>"2'S.,+1$#E'D&2(,$#E'UZXQE'$1'?H#',$)"$2-$'($'T8<'i,$--&#E'
T8$'41>"2'0I:.",<'T8$'0+(*)-"&2'&:'02-"F*"-;#'N,$.-$#-#'T,$.#*,$#'.2('-8$'b.##"&2#'"-'
.,&*#$(E'D"--1$'\,&[2E'UZZY<'R&+,$'1.'.)-"-*('$2'LC&).'B")-&,".2.'#&2'$#$2)".1$#'1&#'
1"+,&#'($'A<'7$2j;2#E'T8$'i")-&,".2#'.2(02)"$2-'N,$$)$E'ec:&,(E'UZXP';'M<'S<'T*,2$,E'
T8$'N,$$j'h$,"-.>$'"2'i")-&,".2'\,"-."2E']$['h.B$2E'UZXU< 'R&+,$'1.'C,$#$2)".'($'
N,$)". ' $2 ' 4#-.(&# ' f2"(&# ' C*$($ ' $2)&2-,.,#$ ' *2 ' ,$#*?$2 ' ($ ' 1. ' )*$#-"62 ' $2 ' $1'
).CK-*1&'($'A<'A<'7&82#&2'$2'$1')"-.(&'1"+,&'b.-8#:,&?'02)"$2-'N,$$)$<'42'>$2$,.1'
#&+,$'1.'"2:1*$2)".'($'1.'"?.>$2'($'N,$)".'$2'1.#'1"-$,.-*,.#'"2>1$#.';'.?$,").2.'
C*$($'B$,#$'$1',$)"$2-$'1"+,&'($'!.B"('A&$##$1E'52'\;,&2#'R8.(&[/'S&($,2'N,$$)$'
"2'-8$'42>1"#8'.2('0?$,").2'5?.>"2.-"&2E']*$B.'s&,jE'OPPO<
R&+,$'1.':">*,.'($'o"2)j$1?.22'C*$($'B$,#$'$1',$)"$2-$'$#-*("&'($'0<'b&--#E'
M1$#8'.2('-8$'5($.1/'o"2)j$1?.22'.2('-8$'e,">"2#'&:'0,-'h"#-&,;E']$['h.B$2E'UZZ^E'
(&2($'#$'8.11.,H'?$2)"&2.(.'1.'+"+1"&>,.:K.'.2-$,"&,<'T.?+"L2'C*$($2')&2#*1-.,#$'
1.# ' CH>"2.# ' F*$ ' 1$ ' ($("). ' R< ' D< ' S.,)8.2(E ' !&[2 ' -& ' e1;?C*#< '0,)8.$&1&>; ' .2('
b8"18$11$2"#? ' "2 ' N$,?.2;E ' UYVPmUZYPE ' b,"2)$-&2E ' UZZ`E ' CC< ' YmU`E ' & ' 1.# ' ($ ' !<'
a&2#-.2-"2$E'4.,1;'N,$$j'T,.B$11$,#'.2('-8$'h$11$2")'5($.1E'a.?+,"(>$E'UZX^E'CC<'XVm
U^`E'-,.(*)"(&'.1').#-$11.2&'$2'SLc")&E'Ma4<
R&+,$'$1'C.C$1'($)"#"B&'($'h*?+&1(-E'.($?H#'($'1.'.+*2(.2-$'"2:&,?.)"62'
F*$'#$'$2)*$2-,.'$2'$1')"-.(&'1"+,&'($'S.,)8.2(E'C*$($'B$,#$'$2')&2),$-&'$1'1"+,&'($'
7< ' k*"11"$2E ' N< ' ($ ' h*?+&1(- ' $- ' 1. ' N,L)$< ' S&($1$ ' $- ' 8"#-&",$E ' D"11$E ' UZXQ< ' a&?&'
"1*#-,.)"62'($'.1>*2&#').#&#'C.,-")*1.,$#'($2-,&'($1'8$1$2"#?&'.1$?H2'C*$($'B$,#$'
R< ' S.#E ' h&1($,1"2 ' ; ' 1&# ' >,"$>&#E ' S.(,"(E ' UZZZ< ' R&2 ' ">*.1?$2-$ ' J-"1$# ' ; ' ?*;'
"1*#-,.-"B&# ' .1 ' ,$#C$)-& ' 1&# ' ).CK-*1&# ' )&,,$#C&2("$2-$# ' . ' 01$?.2". ' $2 ' $1 ' 1"+,&'
b$,)$C-"&2'&:'-8$'02)"$2-'N,$$j#E'.').,>&',$#C$)-"B.?$2-$'($'7&.)8"?'o&811$+$2';'
02-8&2; ' N,.:-&2E ' .#K ' )&?& ' $1 ' ,$)"$2-$ ' 1"+,& ' ($ ' v< ' a8,"#-E ' h$1".#/ ' >,"$)8"#)8$'
N$#)8")8-$'*2('($*-#)8$'N$#)8")8-#["##$2#)8.:-E'S*2")8E'UZZZ<
R&+,$'1.'#"-*.)"62'$2'4#C.%.'#">*$'#"$2(&'*2.'C"$3.'+H#").'$'"2#*#-"-*"+1$'1.'
?&2&>,.:K. ' $c-$2#. ' ; ' +"$2 ' (&)*?$2-.(. ' ($ ' D*"# ' N"1E ' b.2&,.?. ' #&)".1 ' ($1'
8*?.2"#?&'$#C.%&1'=UVPPmUXPP@E'S.(,"(E'UZXU<
R&+,$'$1'?"-&'($'1.'0,).(".'#">*$2'#"$2(&'"1*?"2.(&,.#'1.#'CH>"2.#'F*$'1$'
($(").'\,*2&'R2$11E'$2'#*'1"+,&'D.#':*$2-$#'($1'C$2#.?"$2-&'$*,&C$&E'-,.(*)"(&'$2'
S.(,"(E ' A.362 ' ; ' M$E ' UZ`VE ' ).CK-*1& ' U`E ' & ' 1.# ' ($ ' N"1+$,- ' h">8$- ' $2 ' D. ' -,.(")"62'
)1H#").E';.')"-.(&E'CC<'OVXmOX^<'R&+,$'$1'?"-&'$#C.,-.2&'$#':*2(.?$2-.1'$1'1"+,&'($'4<'
A.[#&2E ' T8$ ' RC.,-.2 ' T,.("-"&2 ' "24*,&C$.2 ' T8&*>8-E ' ec:&,(E ' UZ`ZE ' ,$$("-.(& ' $2'
UZZU<

!"*

R&+,$'$1'?"-&'($'0-$2.#E'.($?H#'($'1&#'.,-K)*1&#')"-.(&#'($'b<'i"(.1m].F*$-E'
C*$($'B$,#$'($1'?"#?&'.*-&,'D$#'>,$)#E'1$#'8"#-&,"$2#E'1.'(L?&),.-"$E'b.,K#E'OPPP<
R&+,$'1.'N,$)".'?&($,2.';'#*'.#*2)"62'($'1.'8$,$2)".'.2-">*.'#&2'J-"1$#'1&#'
.,-K)*1&#'($'a<'T8<'!"?.,.#'$2'b$,)$C-"&2#'&:'-8$'02)"$2-'N,$$j#E'($'4<']<'\&,3.E'
pR$2-"?$2-.1 ' b8"18$11$2"?# ' .2( ' -8$ ' 5?.>$ ' &: ' N,$$)$qE ' $2 ' 4< ' ]< ' \&,3. ' ; ' A< ' o<'
D.,,*+.'=$(#<@E'a1.##")#'.2('-8$'a1.##").1'T,.("-"&2E'b$22#;1B.2".E'UZYQE'CC<'VmOVE';'
($']<'RK>.1.#E'ph$11L2"#-$#E'8$11L2"#?$'$-'"(L&1&>"$'2.-"&2.1$<'!$'1.':&,?.-"&2'(*'
)&2)$C-'(h$11$2"#?$'$2'>,$)'?&($,2$qE'$2'$1'1"+,&'($'0B1.?"')"-.(&'?H#'.,,"+.E';'
1&#'1"+,&#'($'S<'o&&(8&*#$E'T8$'b8"18$11$2$#E'D&2(,$#E'UZ`ZE'#&+,$'1.#',$.))"&2$#'
"2>1$#.#',$#C$)-&'.'1&#'>,"$>&#'?&($,2&#'(*,.2-$'$1'#">1&'c"cE';'A<'a1&>>E'h"#-&,".'($'
N,$)".E'a.?+,"(>$E'UZZXE'$2').#-$11.2&<
01')&2)1*",'1.',$(.))"62'($'$#-.#'CH>"2.#'8.'11$>.(&'.'?"#'?.?&#'$1'1"+,&E'0<'
N"23&E'41'1$>.(&')1H#")&<'42'-&,2&'.1'C$2#.?"$2-&'?&($,2&';'1.'02-">l$(.(')1H#").E'
01).1H'($'h$2.,$#E'OPPOE'F*$')&2#-"-*;$'*2.'$c)$1$2-$'.C&,-.)"62'#&+,$'1.')*$#-"62<

]T'!"&1/#@&+'('2%+#"%&+'/#'41&')#1,4&
R&+,$ ' 1. ' 1$2>*. ' >,"$>. ' $2 ' >$2$,.1 ' #&2 ' "?C&,-.2-$# ' 1&# ' ?.2*.1$# ' ($ ' e<'
h&::?.22E '0< ' !$+,*22$, ' ; '0< ' R)8$,$,E ' h"#-&,". ' ($ ' 1. ' 1$2>*.>,"$>.E ' -,.(*)"(& ' .1'
).#-$11.2&'$2'S.(,"(E'N,$(&#E'UZYQW'0<'S$"11$-E'0C$,)*'(*2$'8"#-&",$'($'1.'1.2>*$'
>,$)F*$E'b.,K#E'UZYVW';'1&#'?H#',$)"$2-$#'($'N<'h&,,&)j#E'N,$$j<'0'h"#-&,;'&:'-8$'
D.2>*.>$'.2('"-#'RC$.j$,#E'D&2(,$#E'UZZYE';'M<'A&(,K>*$3'0(,.(&#E'h"#-&,".'($'1.'
1$2>*.'>,"$>.E'S.(,"(E'N,$(&#E'UZZZ<'f2'1"+,&'($').,H)-$,'?H#'>$2$,.1'$#'$1'($'D<'
b.1?$,E'T8$'N,$$j'D.2>*.>$E'ec:&,(E'UZXP<'41'1"+,&'($'4(*.,(']&,($2E'D.'C,&#.'
.,-K#-").'>,"$>.<'!$'1&#'&,K>$2$#'.'1.'$(.('.*>J#-$.E'$#-H'-,.(*)"(&'.1').#-$11.2&'$2'
1.'f2"B$,#"(.('0*-62&?.'($'SLc")&E'SLc")&E'OPPPE')&2'*2'C,61&>&'"2-$,$#.2-$'($'
02-&2"& ' D6C$3 ' 4",$< ' R&+,$ ' .1>*2.# '($ ' #*# ' C$)*1".,"(.($# ' #&2 ':*2(.?$2-.1$# ' 1&#'
$#-*("&# ' ($ 'a.,1&# ' N.,)K. ' N*.1E ' 41 ' #"#-$?. ' (".-L-")& ' $2 ' $1 ' B$,+&' >,"$>&E ' S.(,"(E'
UZYP ' =#&+,$ ' 1. ' B&3 ' ?$(".@E ' v< ' 7< ' !&B$,E ' N,$$j ' o&,( ' e,($,E ' a.?+,"(>$E ' UZ`PE'
,$$("-.(&'.8&,.'$2'\,"#-&1E'OPPP'=#&+,$'$1'&,($2'($'C.1.+,.#@E';'($'7<'!<'!$22"#-&2E'
N,$$j ' b.,-")1$#E ' ec:&,(E' UZQ^E ' )&2 ' #*)$#"B.# ' ,$"?C,$#"&2$# ' =#&+,$ ' 1.# ' C.,-K)*1.#'
>,"$>.#@E';'($1'?"#?&'.*-&,E'N,$$j'b,&#$'R-;1$E'ec:&,(E'UZVO'=#&+,$'1.#'-$2($2)".#'
>$2$,.1$#'($'1.'C,&#.'>,"$>.@<'f2'C.2&,.?.'?H#'>$2$,.1'C*($'B$,#$'$2'$1'1"+,&'($'
S.*,")$'D$+$1E'D$2#$">2$?$2-'$-'1L-*($'(*'>,$)E'S&2-,$.1E'UZ^^<
R&+,$'1.'.)-"-*('($'1&#',&?.2&#'8.)".'$1'>,"$>&'$#':*2(.?$2-.1'$1'$#-*("&'($'
7<'v."?"&E'T8$'A&?.2#'.2('-8$'N,$$j'D.2>*.>$E'h$1#"2j"E'UZYZW'#&+,$'$1'>,"$>&'$2'
1.'4(.('S$(".';'$1'A$2.)"?"$2-&E'o<'h$,,K2'=$(<@E'T8$'R.),$(']L)-.,'&:-8$'N,$$j#/'
T8$'R-*(;'&:'N,$$j'"2'-8$'4.,1;'S"((1$'0>$#E'D&2(,$#E'UZXXW'7<'h.2j"2#E'pD&'#-*("&'
($1'>,$)&'2$fe))"($2-$'1.-"2&qE'$2'N,$)"'&1-,$'1.'N,$)".E';.')"-.(&E'CC<'UO^VmUO`OW'
#&+,$ ' 1. ' "?C&,-.2)". ' ($1 ' >,"$>& ' $2 ' $1 ' A$2.)"?"$2-&E ' $1 ' ,$)"$2-$ ' 1"+,& ' ($ ' 7< ' a8<'
R.1.("2E ' D. ' +.-."11$ ' (* ' >,$) ' H ' 1. ' A$2."##.2)$E ' b.,K#E ' OPPPW ' .($?H# ' #&2'
$2&,?$?$2-$ '"1*#-,.-"B&#' #&+,$ '1. ')*$#-"62 '1&# '1"+,&# ';. ')"-.(&# '($ ' o"1#&2E ' M,&?'
\;3.2-"*? ' -& ' 5-.1;E ' ;E ' I*2-& ' )&2 ' A$;2&1(#E ' R),"+$# ' .2( ' R)8&1.,#< ' R&2 ' ">*.1?$2-$'
$#$2)".1$#'1&#'-,.+.I&#',$*2"(&#'$2'$1'a&2B$>2&'S.2*$1$'a,"#&1&,.'$'"1',"-&,2&'($1'
>,$)&'"2'e))"($2-$E']HC&1$#E'UZZY<'R&+,$'$1'C.C$1'($1'>,"$>&'$2'01$?.2".'C*$($'

!")

)&2#*1-.,#$ '$1';. ')"-.(& '1"+,&'($ 'S.,)8.2(E'!&[2':,&? '-8$'e1;?C*#W 'o<'D*([">E'


h$1".# ' "2 ' !$*-#)81.2(E ' h.?+*,>&E ' UZZXE ' & ' $1 ' ).CK-*1& ' ($ ' 02-8&2; ' N,.:-&2E'
pN$,?.2&m>,$)"./'1&'#C.3"&'($1'>,$)&'2$11'#"#-$?.'("'"#-,*3"&2$qE'$2'5'N,$)"'&1-,$'1.'
N,$)".E'CC<'UO`QmUOX`W'#&+,$'$1'>,"$>&'$2'52>1.-$,,.E'S<'D<'a1.,j$E'N,$$j'R-*("$#'"2'
42>1.2(E'UYPPmUXQPE'a.?+,"(>$E'UZ^VW'#&+,$'.1>*2&#'.#C$)-&#'($'#*'$2#$%.23.'
#&2'"2-$,$#.2-$#'.1>*2&#'($'1&#'-,.+.I&#',$*2"(&#'$2'$1'B&1*?$2'$("-.(&'C&,'s*2'D$$'
T&&';']".11'D"B"2>#-&2$'=$(#<@E'b$(.>&>;'.2('b&[$,<'A8$-&,")#'&:'a1.##").1'D$.,2"2>E'
a.?+,"(>$E'UZZX<
R&+,$'4,.#?&';'$1'>,"$>&'#&2':*2(.?$2-.1$#'1&#'1"+,&#'($'7<'v<'S)v&2").E'
4,.#?*#E'ec:&,(E'UZZUE'F*$'$cC&2$'#*'+"&>,.:K.'"2-$1$)-*.1E';'R"?62'N&1(8"11E'o8&'
]$$(#'N,$$jz'a&2-$#-'"2'a*1-*,.1'h"#-&,;'&:h$11$2"#?E'a.?+,"(>$E'OPPOE'$1').CK-*1&'
5<'R&+,$'1.'-,.;$)-&,".'"2-$1$)-*.1'($'N*"11.*?$'\*(L')&2'$1'>,"$>&'C*$($'B$,#$'$1'
).CK-*1& 'F*$ ' 1$ ' ($("). '02-8&2;' N,.:-&2 ' $2 ' #* ' 1"+,& ' a&??$,)$ '["-8 ' -8$ ' a1.##")#<'
02)"$2- '\&&j# '.2('A$2."##.2)$ 'A$.($,#E '022'0,+&,E'S")8">.2E'UZZYE ').CK-*1& '^<'
01>*2.# ' $cC$,"$2)".# ' #"2>*1.,$#E ' )&?& ' 1.# ' ($ ' 7&82 ' R-*.,- ' S"11E ' N"++&2 ' ;'
R)81"$?.22E ' .C.,$)$2 ' ,$:1$I.(.# ' $2 ' #*# ' ,$#C$)-"B.# ' 0*-&+"&>,.:K.# ' -,.(*)"(.#'
,$#C$)-"B.?$2-$'$2'01".23.'4("-&,".1E'UZX`E'0*#-,.1E'4#C.#.'a.1C$E'UZ^ZE';'0>*"1.,E'
UZYQ<'f2.',$B"#"62E'F*"3H'$c)$#"B.?$2-$',.(").1E'($'1.'p1$;$2(.q'($'R)81"$?.22'$2'
o< ' S< ' a.1($, ' ; ' !< ' 0< ' T,."11 ' =$(#<@E ' S;-8E ' R).2(.1 ' .2( ' h"#-&,;/ ' T8$ ' h$"2,")8'
R)81"$?.22 ' a&2-,&B$,#;E ' !$-,&"-E ' UZX` ' ; ' $2 ' $1 ' ;. ' )"-.(& ' 1"+,& ' ($ ' S.,)8.2(E'
!&[2:,&? ' -8$ ' e1;?C*#E ' CC< ' UUXmUO^< ' A$#*1-.2 ' ">*.1?$2-$ ' .1$))"&2.(&,.# ' 1.#'
?$?&,".# ' ($ ' :"161&>&# ' -.2 ' "1*#-,$# ' )&?& ' 4,") ' !&((#E ' S"##"2> ' b$,#&2#< ' 02'
0*-&+"&>,.C8;E ' ec:&,(E ' UZYYE ' ; ' v$22$-8 ' !&B$,E ' S.,>"2.1 ' a&??$2-< ' 0 ' S$?&",E'
D&2(,$#E'UZZ^<
R&+,$')*$#-"&2$#'($'1.'$2#$%.23.'($1'>,"$>&'#&2'"2-$,$#.2-$#'1.#'C,$)"#"&2$#'
,$.1"3.(.#'$2'$1'1"+,&'($'7<'R<'D.##&'($'1.'i$>.'$-'.1E'D.'$2#$%.23.'($'1.#'1$2>*.#'
)1H#").#E'S.(,"(E'UZZOE')&?&'1&#'($1'C,&C"&'D.##&'#&+,$'$1'B.1&,'($1'>,"$>&')&?&'
$(*).)"62':&,?.1'&'($'M$,2.2(&'N.,)K.'A&?$,&'#&+,$'*2.'&C&,-*2.'#$1$))"62'($'
-$c-&#W'#$'$2)*$2-,.2'-.?+"L2'2*?$,&#.#',$:$,$2)".#'#&+,$'$1'-$?.'($#C$,(">.(.#'
C&,'1.#'+,"11.2-$#'CH>"2.#'($'D.'-,.(")"62')1H#").'($'N"1+$,-'h">8$-'&'$2'#*'1"+,&'T8$'
0,-'&:'T$.)8"2>E'D&2(,$#E'UZVUW'#&+,$'1&#'>,.2($#'$#-*("&#&#'($'1.':"1&1&>K.')1H#").';'
#*#'C,$&)*C.)"&2$#'("(H)-").#'#$'$2)*$2-,.2'.1>*2.#',$:$,$2)".#E'+,$B$#'$#&'#KE'$2'
1.#'8"#-&,".#'8.+"-*.1$#'($'1.'?.-$,".')&?&'1.')"-.(.'$2'$1').CK-*1&'.2-$,"&,E'($'A*(&1:'
b:$"::$,E'h"#-&,". ' ($ '1. ':"1&1&>K. ')1H#").E ' &' $2 ' 1. '?*)8& '?H# '1"?"-.(. '$2 '-&(&# '1&#'
.#C$)-&#'($'N.$-.2&'A">8"E'h"#-&,". '($'1.':"1&1&>K. ')1H#").E'\.,)$1&2.E'UZXV<'R&2'
"2-$,$#.2-$#'1.#',$:1$c"&2$#'.)$,).'($1'-$?.'F*$'#$'$2)*$2-,.2'$2'$1'1"+,&'>$2$,.1'($'
7.2"2$ ' !$+*-E ' D. ' $2#$%.23. ' ($ ' 1.# ' 1$2>*.# ' )1H#").#E ' -,.(*)"(& ' $2 ' \.,)$1&2.E'
b1.2$-.E ' UZY`E ' ; ' ?H# ' ,$)"$2-$?$2-$ ' $2 ' $1 ' ($ ' A")8.,( ' g-"$22$E ' !"(.)-"F*$ ' ($#'
1.2>*$# ' .2)"$22$#< 'A$)8$,)8$# ' ,$)$2-$# ' #*, ' 1$*, ' $2#$">2$?$2- ' (.2# ' 1$#'
L-.+1"##$?$2-# ' #$)&2(.",$# ' :,.2x."#< 'T$2(.2)$# ' $- ' LB&1*-"&2#< ' 0CC&,-#'
$-C$,#C$)-"B$#E'i"11$2$*B$'(0#)FE'UZZ`<
R&+,$'1.'$2#$%.23.'($1'>,"$>&'$2'4#C.%.'$#':*2(.?$2-.1'1.'&+,.'($'D*"#'N"1E'
b.2&,.?.'#&)".1'($1'8*?.2"#?&'$#C.%&1E')"-.(.'$2'$1').CK-*1&'.2-$,"&,E'F*$'($(").'
*2 ' ).CK-*1& ' $2-$,& ' . ' 1. ' )*$#-"62< ' f2. ' C.2&,H?"). ' >$2$,.1 ' ($ ' 1&# ' ?.2*.1$# ' ;'
?L-&(&#'("#C&2"+1$#'$#'1.'F*$'8.'11$B.(&'.').+&'02-&2"&'A.?62'].B.,,$-$'e,)$,.E'
pD.'$2#$%.23.'($1'>,"$>&'$2'4#C.%.<'4#-*("&#'-$6,")&#E'1"+,&#'($'-$c-&';'?.-$,".1$#'
("(H)-")&#qE'T$?C*#E'2<'OZE'OPPUE'CC<'Vm``<

!"!

^T'<)'%""#+%+0%?)#'#1$&10*'/#'!"#$%&
R&+,$'$1'C.C$1'($1'.,-$'>,"$>&'$2'1.'(":*#"62';'C&C*1.,"(.('($'1.'"?.>$2'($'1.'
N,$)".'.2-">*.'$#':*2(.?$2-.1'$1'1"+,&'($'S")8.$1'N,$$28.1>8E'D.'-,.(")"62')1H#").'
$2'$1'.,-$E'-,.(*)"(&'$2'S.(,"(E'h$,?.22'\1*?$E'UZXY<'R&+,$'1.',$1.)"62'($'\;,&2'
)&2'1&#'>,"$>&#E'v<'7<'!&B$,E'p\;,&2'.2('-8$'02)"$2-'N,$$j#qE'$2'#*'1"+,&'T8$'N,$$j#'
.2( ' -8$", ' D$>.);< ' a&11$)-$( ' b.C$,#E ' O ' B&1<E ' ec:&,(E ' UZXZ< ' R&+,$ ' $1 ' C.C$1'
($#$?C$%.(&'C&,'1&#'$*,&C$&#';'.?$,").2&#'C,$#$2-$#'$2'1.'>*$,,.'($'1"+$,.)"62'
>,"$>.E'!<'h&[.,-8E'T8$'N,$.-'0(B$2-*,$/'D&,('\;,&2'.2('&-8$,'4))$2-,")#'"2'-8$'
o.,'&:'12($C$2($2)$E']*$B.'s&,jE'UZY`<'R&+,$'$1'C.C$1'($'1.'?"-&1&>K.')&?&'?$,.'
:&,?.E ' 7< ' R$32$)E ' pD"2B$2-"&2 ' ($ ' M '02-"F*"-LqE ' $2 ' R-*("$# ' &2 ' i&1-.",$ ' .2( ' -8$'
4">8-$$2'a$2-*,;E'ec:&,(E'UZY`E'CC<'OPQQmOP^Y<
R&+,$ ' N,$)". ' )&?& ' ?*#$& ' ; ' &+I$-& ' ($ ' -*,"#?&E ' !&2.1( ' h&,2$E 'T8$ ' N,$.-'
S*#$*?/'-8$'A$C,$#$2-.-"&2'&:'8"#-&,;E'D&2(,$#E'UZX^E';'$1').CK-*1&'($'o&1:'!"$-$,'
h$"1?$;$,E'pD.'N,$)".'"2'?*#$&qE'$2'N,$)"'&1-,$'1.'N,$)".E'CC<'UVVUmUVYX<
R&+,$'1&#'B".I$,&#'.'N,$)".';'-&(.'1.'1"-$,.-*,.')&,,$#C&2("$2-$'F*$'>$2$,.,&2'
)&2'#*'$cC$,"$2)".'#&2':*2(.?$2-.1$#'1&#'1"+,&#'($'!.B"('a&2#-.2-"2$E'D&#'C,"?$,&#'
B".I$,&# ' . ' N,$)".; ' $1 ' "($.1 ' 8$1L2")&E ' ;. ' )"-.(&E ' F*$ ' #$ ' )&2)$2-,. ' $2 ' 1.# ' :">*,.#'
C,"2)"C.1$#E ' ; ' ($ ' A&+$,- ' 4"#2$,E ' T,.B$1$,# ' -& ' .2 ' .2-"F*$ ' D.2(< ' T8$ ' h"#-&,; ' .2('
D"-$,.-*,$'&:'T,.B$1'-&'N,$$)$E'T8$'f2"B$,#"-;'&:'S")8">.2'b,$##E'022'0,+&,E'UZZUE'
)&2'*2'$1$2)&'?*;')&?C1$-&'($1'-$?.'($#($'$1'"2")"&'8.#-.'2*$#-,&#'(K.#<'R&+,$'1.'
$cC$,"$2)".':,.2)$#.'$2'$#-$'#$2-"(&').+$')"-.,'$1'1"+,&'($'e1>.'0*>*#-"2&#E'M,$2)8'
e(;##$;#<'N,$$)$'"2'M,$2)8'T,.B$1'D"-$,.-*,$:,&?'-8$'A$2."##.2)$'-&'-8$'A&?.2-")'
4,.E'T8$'7&82'h&Cj"2#'f2"B$,#"-;'b,$##E'\.1-"?&,$E'UZZ^E')&2'"?C&,-.2-$#'#$))"&2$#'
($(").(.# ' .1 ' .+.-$ ' \.,-8L1$?;E ' N*;# ' ; ' a8&"#$*1 ' N&*::"$,< 'R&2 ' ">*.1?$2-$'
"?C&,-.2-$#'1.#'CH>"2.#'F*$'($(").'.1'-$?.'S")8.$1'R8.2j#E'a1.##").1'0,)8.$&1&>;'
&: ' N,$$)$< ' 4cC$,"$2)$# ' &: ' -8$ ' !"#)"C1"2$E ' A&*-1$(>$E ' D&2(,$#E ' UZZ`< ' f2 ' )*,"&#.'
$cC$,"$2)".'($')&?C.>"2.,'1.'($#),"C)"62'($'N,$)".')&2'1.#'2&-")".#'$B&).(&,.#'($'
1&#'B".I$,&#';'1"-$,.-&#'C,$#$2-$#'$2'$1'1*>.,'$#'$1'1"+,&'($'!&2.-$11.'b*11">.';'R"1B".'
b.2")8"E'52'N,$)".<'A.))&2-"'($1'?"-&E'(.11.,-$'$'(.11.'?$?&,".E'4"2.*("E'T*,K2E'OPPU<
R&+,$ ' 1. ' "?C&,-.2)". ' ($ ' 1&# ' C"2-&,$# ' $2 ' $1 ' ,$($#)*+,"?"$2-& ' ($ ' N,$)".'
($#-.).2'1&#'1"+,&#'($'M.2"'S.,".'T#">.j&*E'A$($#)*+,"?"$2-&'($'N,$)".<'i".I$,&#';'
C"2-&,$#'($1',&?.2-")"#?&E';.')"-.(&E')&2'-$c-&#'"1*#-,.-"B&#';'+*$2.#'"?H>$2$#E';'
A")8.,(' R-&2$?.2E '0' D*?"2&*# 'D.2(< '0,-"#-#' ("#)&B$,' N,$$)$E 'T8$' 7<'b.*1 'N$--;'
S*#$*?E ' D&# ' n2>$1$#E ' UZZXE ' F*$ ' )*$2-. ' )&2 ' *2 ' "?C,$#"&2.2-$ ' ,$C$,-&,"& ' ($'
"?H>$2$#')&?$2-.(.#<
R&+,$'1.#'8"#-&,".#'($'N,$)".'$#':*2(.?$2-.1'$1'?.>2K:")&'1"+,&'($'a.,?"2$'
0?C&1&E'R-&,"$'>,$)8$<'D.':&,?.3"&2$'($11.'?&($,2.'#-&,"&>,.:".'#*>1"'.2-")8"'N,$)"E'
4"2.*("E ' T*,K2E ' UZZY< ' R&2 ' $c-,$?.(.?$2-$ ' J-"1$# ' -.?+"L2 ' $2 ' $#-$ ' )&?$-"(& ' 1.#'
,$#$%.# ' ($ '0,2.1(& ' S&?">1".2& ' . ' 1&# ' C,"2)"C.1$# ' 8"#-&,".(&,$# ' ($ ' 1. '02-">l$(.('
,$*2"(.#'$2'$1'1"+,&'R-*("$#'&2'S&($,2'R)8&1.,#8"CE'$("-.(&'C&,'N1$2'\&[$,#&)j';'T<'
7<'a&,2$11E'T8$'f2"B$,#"-;'&:'a.1":&,2".'b,$##E'\$,j$1$;mD&#'n2>$1$#E'UZZ^E'.1>*2&#'
($')*;&# '-,.+.I&#'$#-H2'-.?+"L2'-,.(*)"(&#'$2'#*'1"+,&'42#.;&#'($'8"#-&,"&>,.:K.'
.2-">*.;'?&($,2.E'SLc")&E'Ma4E'UZZQ<
R&+,$'1.'2&B$1.'F*$'-"$2$')&?&'-$?.'1.'02-">l$(.('$#':*2(.?$2-.1'$1'1"+,&'($'
a.,1&# ' N.,)K. ' N*.1E ' D. '02-">l$(.( ' 2&B$1.(.E ' 02.>,.?.E ' \.,)$1&2.E ' UZZVE ' )&2'
.>*(&#')&?$2-.,"&#';',$:1$c"&2$#'.)$,).'($1'-$?.E'.#K')&?&'*2'+*$2',$#*?$2'($'#*'

!""

)&2-$2"(&W ' #&+,$ ' $1 ' )"2$ ' $# ' "?C&,-.2-$ ' $1 ' $2#.;& ' ($ ' 7&2 ' R&1&?&2E ' b$C1*?< ' D.'
02-">l$(.( '$2'$1')"2$E'-,.(*)"(&'$2'01".23.'4("-&,".1E'S.(,"(E'OPPOE'F*$')&2-"$2$'
"?C&,-.2-$# ' .C.,-.(&# ' #&+,$ ' $1 ' -$?. ' $2 ' 1&# ' F*$ ' )&?$2-.2 ' 1.# ' (":$,$2-$#'
,$.1"3.)"&2$# ' 8.+"(.#W ' $# ' ">*.1?$2-$ ' "2-$,$#.2-$E ' #&+,$ ' -&(& ' C&, ' #* ' B$,-"$2-$'
("(H)-").E'$1'1"+,&'($'M$,2.2(&'D"11&'A$(&2$-E'41')"2$'($'-$?.'>,"$>&';'#*'.C1").)"62'
("(H)-").E'4(")"&2$#'a1H#").#E'S.(,"(E'UZZYE')&2':")8.#';'.)-"B"(.($#',$:$,"(.#'.'1.#'
C,"2)"C.1$#'C$1K)*1.#'($1'>L2$,&<
R&+,$'1.'+J#F*$(.'($'1.',$.1"(.('($'1&#'.2-">*&#'?"-&#',$#*1-.'"1*#-,.-"B&';'
C,&B&).(&, ' $1 ' 1"+,& ' ($ ' 7$.2mb"$,,$ ' 0(.?E ' D$ ' C.##L ' ,$)&?C&##L< ' a8,&2"F*$#'
(.,)8L&1&>"$':.2-.#F*$E'b.,K#E'UZXX'=#&+,$'1.')*$#-"62'($'1.'0-1H2-"(.E'CC<'QXm`Q@W'($'
1&#'2*?$,&#&#'1"+,&#'#&+,$'$1'-$?.').+$')"-.,'1&#'($1'.1$?H2'e--&'S*)jE'01"$#'*+$,'
0-1.2-"#E'S*2")8E'UZY`E';'$1'?H#',$)"$2-$'($'A&(2$;'a.#-1$($2E'0-1.2-"#'!$#-,&;$(E'
D&2(,$#E'UZZXE'F*$'$F*"C.,.'$1'?K-")&')&2-"2$2-$')&2'1.'"#1.'($'T$,.W'*2'C.2&,.?.'
>$2$,.1'($1'-$?.'#$'$2)*$2-,.'$2'$1'1"+,&'($'A")8.,('411"#E'42'+*#).'($'1.'0-1H2-"(./'
?"-&#';',$.1"(.('($1')&2-"2$2-$'C$,("(&E'-,.(*)"(&'$2'\.,)$1&2.E'N,"I.1+&E'OPPPE';')&2'
?.;&, ' C,&:*2("(.( ' $2 ' h< ' N< ' ]$##$1,.-8E ' b1.-62 ' *2( ' ("$ ' 4,:"2(*2> ' B&2 '0-1.2-"#E'
S*2")8mD$"C3">E'OPPO<'R&+,$'1.#'h$#CL,"($#'C*$($'B$,#$'$1'1"+,&'($'7&#L'S.2*$1'
b.,$($#'N,&##&E'41'I.,(K2'($'1.#'h$#CL,"($#/'1&#'&,K>$2$#'($'02(.1*)K.'$2'1&#'?"-&#'
;'1$;$2(.#'($'1.'02-">l$(.(')1H#").E'S.(,"(E'UZXVW'#&+,$'1.#'"#1.#'.:&,-*2.(.#'C*$($'
B$,#$'$1'1"+,"-& '($'i.1$,"& 'S.2:,$("E'D$ '"#&1$ ':&,-J2.-$E 'A&?.E'UZZQE;'1&#'-,.+.I&#'
.1*("(&#'$2'$1'-$c-&'($'S.,)&#'S.,-K2$3E'a.2.,".#'$2'1.'?"-&1&>K.E'D.'D.>*2.E'UZZOE'
; ' D.# '"#1.# 'a.2.,".# ' ($ ' 1. '02-">l$(.( ' .1 ' A$2.)"?"$2-&< ' ]*$B&#' .#C$)-&#E ' R.2-.'
a,*3 '($ 'T$2$,":$E 'UZZ`< 'R&+,$ ' 1. 'B$,.)"(.( '($ '1&# ' B".I$# ' ($ ' f1"#$# ' 8.;' *2 '+*$2'
,$#*?$2'($'-.2'($+.-"(.')*$#-"62'$2'$1'1"+,&'($'i.1$,"&'S.2:,$("E'S.,$'>,$)&<'4,&"'
$('$#C1&,.-&,"'2$1'S$("-$,,H2$&'.2-")&E'S"1H2E'UZZO<
R&+,$'1.'C$,B"B$2)".'($1'?"-&'$2'1.'.)-*.1"(.('#&2'"2-$,$#.2-$#'1.#',$:1$c"&2$#'
,$.1"3.(.#'C&,'7<'R<'D.##&'($'1.'i$>.'$2'#*'-,.+.I&'pD.'C,$#$2)".'($1'?"-&'>,"$>&'$2'
2*$#-,&'-"$?C&qE'$2'4#-*("&#'#&+,$'1.'02-">l$(.('$2'8&?$2.I$'.1'C,&:$#&,'R.2-".>&'
S&2-$,&E'02$I&#'($'N$,"62E'55E'UZXZE'CC<'ZZmUU^< 'A$#*1-.'">*.1?$2-$'"1*#-,.-"B&'$1'
C.2&,.?.'("+*I.(&'C&,'S.,)&#'S.,-K2$3'$2'#*'.,-K)*1&'pT$c-&#'($'.;$,E'-$?.#'($'
8&;/'1.')*1-*,.')1H#").'$2'$1'C$,"&("#?&'$#C.%&1')&2-$?C&,H2$&qE'4#-*("&#'a1H#")&#E'
UUVE'UZZZE'CC<'YVmUPZ<'!$'>,.2'"2-$,L#'#&2'-.?+"L2'1.#',$:1$c"&2$#'($'b$-$,'N,$$2'
$2'$1'C,"?$,').CK-*1&'($'#*'1"+,&'a1.##").1'\$.,"2>#<'52-$,C,$-"2>'02)"$2-'h"#-&,;'.2('
a*1-*,$E'T8.?$#''h*(#&2E'D&2(,$#E'UZXZ<'f2'+*$2'C.2&,.?.'($'1.#'?&($,2.#'
"2-$,C,$-.)"&2$# ' ($ '?"-&# ' >,"$>&# ' #$ ' $2)*$2-,. '$2 ' $1 '1"+,& ' ($ '0,".2$ '4"##$2E 'D$#'
?;-8# ' >,$)F*$#E ' b.,K#E ' UZZQE ' .#K ' )&?& ' .1>*2&# ' ($ ' 1&# ' -,.+.I&# ' ,$*2"(&# ' $2 ' $1'
#"?C&#"&'a1.##").1'S;-8&1&>;'"2'OP-8'a$2-*,;'T8&*>8-'.2('D"-$,.-*,$E'$("-.(&'C&,'o<'
S<'0;)&)j';'T8<'S<'v1$"2E'D*++&)jE'T$c.#E'UZXPE'$#C$)".1?$2-$'$1'.,-K)*1&'($'R<'a<'
M,$($,")j#'#&+,$'1.'?"-&1&>K.'>,"$>.';'1.')"$2)".':"))"62'?&($,2.<'R&+,$'$1'C.C$1'($'
1&#'?"-&#'>,"$>&#'$2'1.'C#")&1&>K.';'$1'C#")&.2H1"#"#'C*$($'B$,#$'$1'"2-$,$#.2-$'1"+,&'
($'A&+$,-'4"#2$,E'T8$'A&.('-&'!.*1"#< 'b#;)8&.2.1;#"#E'b#;)8&1&>;E'.2('a1.##").1'
S;-8&1&>;E'R;,.)*#$'f2"B$,#"-;'b,$##E']*$B.'s&,jE'UZXY<'f2'$#C1L2("(&',$#*?$2'($'
1.#'(":$,$2-$#'"2-$,C,$-.)"&2$#'($1'?"-&'>,"$>&'#$'$2)*$2-,.'$2'7&#L'a.,1&#'\$,?$I&'
\.,,$,.E ' 41 ' ?"-& ' >,"$>& ' ; ' #*# ' "2-$,C,$-.)"&2$#E ' S.(,"(E '0j.1 ' h"#-&,". ' ($1 ' ?*2(&'
.2-">*&E'2<'U`E'UZXX<'D.#'"2-,&(*))"&2$#'.1'?"-&'>,"$>&')"-.(.#'$2'$1'-$c-&'#&2'1.#'($'
a.,1&# ' N.,)K. ' N*.1E ' 52-,&(*))"62 ' . ' 1. ' ?"-&1&>K. ' >,"$>.E ' S.(,"(E '01".23. ' 4("-&,".1E'
UZZOE'#"2'(*(.'$1'?H#')&?C1$-&'8.#-.'1.':$)8.E',$$("-.(&'$2'2*?$,&#.#'&).#"&2$#';'

!"#

,$)"$2-$?$2-$E ' ; ' R*3.22$ ' R."(E ' 52-,&(*))"62 ' . ' 1. ' ?"-&1&>K. ' >,"$>.E ' -,.(*)"(& ' $2'
S.(,"(E'0)$2-&E'UZZX<

_T':'2*/*'/#'#.H)*,*D'-*+',"%#,*+'('1*+*0"*+
R&+,$'$1'1$>.(&'>,"$>&'$2'>$2$,.1'$1'1"+,&'($',$:$,$2)".'#">*$'#"$2(&'$1'($'S<'
5<'M"21$;'=$(<@E'T8$'D$>.);'&:'N,$$)$<'0']$['0CC,."#.1E'ec:&,(E'UZXUE'-,.(*)"(&'$2'
\.,)$1&2.E ' a,K-").E ' F*$ ' #*#-"-*K. ' .1 ' B"$I& ' ,$C$,-&,"& ' ($ ' #", ' A")8.,( ' D"B"2>#-&2$'
C*+1").(&'$2'UZOU')&2'$1'?"#?&'-K-*1&<'SH#',$)"$2-$?$2-$'C*$($2')"-.,#$'1.#'&+,.#'
($ ' e1"B$, ' T.C1"2E ' N,$$j ' i",$E ' D&2(,$#E ' UZXZE ' #*,>"(& ' "2")".1?$2-$ ' )&?& ' 1"+,&'
,$#*1-.2-$ '($' *2.' #$,"$' ($ '-$1$B"#"62<'R&2' ">*.1?$2-$ '"1*#-,.-"B&# ' #&+,$' $1 '1$>.(&'
>,"$>&'$2'2*$#-,.')*1-*,.'$1'1"+,"-&'($'\$,2.,('v2&cE'T8$'e1($#-'!$.('o8"-$'4*_
,&C$.2'S.1$#'.2('&-8$,'A$:1$)-"&2#'&2'-8$'a1.##")#E']*$B.'s&,jE'UZZQE'&'$1',$)"$2-$'
)&2I*2-&'($'-,.+.I&#',$*2"(&#'C&,'7&8.22'b<'0,2.##&2';'b$-$,'S*,C8;E'=$(#<@E'0>62E'
D&>&#E'b&1"#<'T8$'N,$$j'0)8"$B$?$2-'.2('"-#'0:-$,?.-8E'R-*-->.,-E'OPPUE'$2'C.,-")*1.,'
$1'-,.+.I&'($'D&*"#'0<'A*C,$)8-'7,<'po8;'-8$'N,$$j#qE'$2'CC<'OZmVV<'SH#'),K-")&'$2'
$#-.'B.1&,.)"62'>1&+.1'#$'?*$#-,.'b$-$,'N,$$2'$2'#*'.,-K)*1&'pb,$)$($2-E'R*,B"B.1E'
S$-.?&,C8&#"#/'a1.##").1'52:1*$2)$#'"2'-8$'S&($,2'o&,1(qE'$2'$1'1"+,&'($1'?"#?&'
.*-&,E'a1.##").1'\$.,"2>#<'52-$,C,$-"2>'02)"$2-'h"#-&,;'.2('a*1-*,$E'D&2(,$#E'UZXZE'
CC<'UVmQP<
R&+,$ ' $1 ' ($2&?"2.(& ' ,$2.)"?"$2-& ' &,"$2-.1E ' A< ' R)8[.+E ' D. ' A$2."##.2)$'
&,"L2-.1$E'b.,K#E'UZVPE'-,.(*)"(&'.1'"2>1L#'$2']*$B.'s&,jE'UZX^<'R&+,$'1.'F*$,$11$'($'
.2-">*&#';'?&($,2&#'$#'?*;'J-"1'$1',$#*?$2'($'b<'7<'a<'S*,,.;E'pT8$'\.--1$'&:'-8$'
02)"$2-'.2('S&($,2#/'0'T&C")':&,'>$2$,.1'R-*("$#zqE'!"(.#j.1&#E'^E'OE'UZYQE'CC<'QOYm
QQXE';'$1'1"+,&'($'7<'S<'D$B"2$E'T8$'\.--1$'&:-8$'\&&j#<'h"#-&,;'.2('D"-$,.-*,$'"2'-8$'
0*>*#-.2'0>$E'5-8.).E']*$B.'s&,jE'UZZU<'R&+,$'$1')&2)$C-&'($'e,"$2-$E'C*$($'B$,#$'
1.')"-.(.'&+,.'($'4([.,('R."(E'e,"$2-.1"#?&W'*2.'B"#"62')&,,$)-&,.'($'1.',$1.)"62'
$2-,$'>,"$>&#';'C$,#.#'+.#.(.'$2')*$#-"&2$#')*1-*,.1$#'$#'1.'($'S.,>.,$-'a<'S"11$,E'
0-8$2# ' .2( ' b$,#". ' "2 ' -8$ ' M":-8 ' a$2-*,; ' \< ' a< ' 0 ' R-*(; ' "2 ' a*1-*,.1 ' A$)$C-"B"-;E'
a.?+,"(>$E'UZZY<'R&+,$'1.'.C.,")"62'($'&-,.#')*1-*,.#'$2'$1'8&,"3&2-$'&))"($2-.1E'\<'
]&,?.2E'D.'.,F*$&1&>K.',&?H2-").E'-,.(*)"(&'$2'\.,)$1&2.E'!$#-"2&E'UZZP<
R&+,$ ' 1.# ' (":$,$2)".# ' $2-,$ ' 1&# ' >,"$>&# ' ; ' 2&#&-,&# ' #&2 ' $#)1.,$)$(&,.# ' 1.#'
,$:1$c"&2$#'($'S<'5<'M"21$;'.'1&'1.,>&'($'#*'("1.-.(.'&+,.E'.*2F*$'C*$($'B$,#$'$2'
C.,-")*1., ' #* '02)"$2- ' h"#-&,;< ' 4B"($2)$ ' .2( ' S&($1#E ' D&2(,$#E ' UZXVE ' -,.(*)"(& ' .1'
).#-$11.2& ' $2 ' \.,)$1&2.E ' a,K-").< ' A$#*1-.2 ' ">*.1?$2-$ ' "1*#-,.-"B.# ' 1.# ' "($.#'
$cC*$#-.# ' C&, ' ]$B"11$ ' S&,1$;E ' o,"-"2> ' 02)"$2- ' h"#-&,;E ' D&2(,$#E ' UZZZ< ' f2 ' +*$2'
,$C$,-&,"&'($'1&#'-$?.#'$2'1&#'F*$'C*$($2'#$%.1.,#$'(":$,$2-$#'C$,#C$)-"B.#'$2-,$'1.'
02-">l$(.( ' ; ' 2&#&-,&# ' #$ ' 8.11. ' $2 ' ]< ' S&,1$;E '02)"$2- ' h"#-&,;< ' v$; ' T8$?$# ' .2('
0CC,&.)8$#E'D&2(,$#E'OPPP<'41'1"+,&'?$2)"&2.(&'($'S.,)$1'!$-"$22$E'D&#'?.$#-,&#'
($'B$,(.('$2'1.'N,$)".'.,).").E'-,.(*)"(&'$2'S.(,"(E'T.*,*#E'UZXU<'41'-,.+.I&'($'
]")&1$'D&,.*cE'pT8*);("($'2$#-'C.#'*2')&11L>*$qE'k*.($,2"'("'#-&,".E'UOEUZXPE'CC<'
VV';'##<'R&+,$'1.#'(":$,$2)".#'$2'1.'1"-$,.-*,.E'M<'!*C&2-E'D.'"2B$2)"62'($'1.'1"-$,.-*,.E'
-,.(*)"(&'$2'S.(,"(E'!$+.-$E'OPPUE'$#C$)".1?$2-$'1.'"2-,&(*))"62E'CH>#E'YmOX<'R&+,$'
1. ' (":$,$2-$ ' )&2)$C)"62 ' ($ ' 1. ' 8"#-&,". ' ; ' $1 ' C.#.(& ' #&2 ' :*2(.?$2-.1$# ' 1.#'
)&2#"($,.)"&2$# ' .1 ' ,$#C$)-& ' ($ ' a8.,1$# ' \.*,."2E ' D$# ' N,$)# ' $- ' 1. ' S$("-$,,.2L$'

!"$

&,"L2-.1$E';.')"-.(&E'$2'1.'C,"?$,.'C.,-$'($1'1"+,&<'SH#',$)"$2-$?$2-$E'7<'\&.,(?.2E'
T8$ ' 0,)8.$&1&>; ' &: ' ]&#-.1>".< ' h&[ ' -8$ ' N,$$j# ' ,$),$.-$( ' -8$", ' ?;-8").1 ' C.#-E'
D&2(,$#E'OPPO< 'f2.')&2#"($,.)"62'>$2$,.1'($1'-$?.'$2'!"$>&'D.23.E'p!"?$2-").,$'
N,$)"qE'$2'N,$)"'&1-,$'1.'N,$)".E';.')"-.(&E'CC<'U^^QmU^`^<'R&2'-.?+"L2'"2-$,$#.2-$#'
.1>*2&#'($'1&#'.,-K)*1&#'F*$'.C.,$)$2',$)&>"(&#'$2'1&#'1"+,&#'S<'N&1($2';'b<'T&&8$;'
=$(#<@E'52B$2-"2>'02)"$2-'a*1-*,$< 'h"#-&,")"#?E'b$,"&("3.-"&2E'.2('-8$'02)"$2-'o&,1(E'
D&2(,$#E'UZZY';'S<'o;j$';'S<'\"(("##'=$(#<@E'T8$'f#$#'.2('0+*#$#'&:'02-"F*"-;E'
\$,2.E'UZZZ<
R&+,$'1.#'"?C&,-.2-$#'(":$,$2)".#'$2-,$'1.'-$,?"2&1&>K.'>,"$>.';'#*#'?&($,2.#'
-,.(*))"&2$#'C*$($2'B$,#$'1&#'(":$,$2-$#').CK-*1&#'($1'B&1*?$2'55'($'1.'#$,"$'5'N,$)"<'
R-&,".E ' a*1-*,.E ' 0,-$E ' R&)"$-HE ' f2. ' #-&,". ' >,$).< ' !$:"2"3"&2$E ' T*,K2E ' UZZYE'
$#C$)".1?$2-$ ' 1&# ' ($ ' a< ' !.,+&mb$#)8.2#j" ' #&+,$ ' ."-K.E ' S.1)&1? ' R)8&:"$1( ' #&+,$'
.,)8LE'N"&B.22"'M$,,.,"'#&+,$'16>&#';'!"$>&'D.23.'#&+,$'CH-8&#<'41')"-.(&'1"+,&'($'
N"&B.22" ' A$.1$E ' D. ' #.+"(*,K. ' .2-">*.< ' T,.-.?"$2-& ' C.,. ' 1&# ' ?.1$# ' ($1 ' 8&?+,$'
)&2-$?C&,.2$&E'-,.(*)"(&'$2'\.,)$1&2.E'h$,($,E'UZZ`<'D.'),K-").'($'b.*'N"1.+$,-E'
pyS$,$)$2'1&#'?.1$#'($1'8&?+,$')&2-$?C&,H2$&'*2'-,.-.?"$2-&'.),K-")&'+.#.(&'
$2'1.'#.+"(*,K.'.2-">*.zqE'4#-*("&#'a1H#")&#E'UU^E'UZZXE'CC<'VQm`V<'f2.')&2)$C)"62'
?H#',$.1"#-.';'("B$,#.'($'1.'#.+"(*,K.'>,"$>.'$#'1.'F*$'C,$#$2-.'1.'&+,.')&1$)-"B.'
(",">"(.'C&,'7<'\,*2#)8[">';'N<'D1&;(E'41'#.+$,'>,"$>&E'-,.(*)"(.'$2'S.(,"(E'0j.1E'
OPPPE'$'"2)1*#&'1.'#$1$))"62'-.?+"L2'("B$,#.'.*2F*$',$)&>"(.'C&,'$1'-.2'#&2&,&'-K-*1&'
($'N"&,>"& 'a&11"E'D.'#.+"(*,K. '>,"$>.E'-,.(*)"(.'$2'S.(,"(E'T,&--.E'UZZV<'R&+,$'1.'
"?C&,-.2)".'($'1.')"$2)".'>,"$>.';'#*'"2)"($2)".'#&+,$'1.'-,.(")"62')"$2-K:").'C&#-$,"&,'
C*$($'B$,#$'$1',$)"$2-$'1"+,&'($'A")8.,('R&,.+I"E'S.--$,E'RC.)$E'.2('S&-"&2<'T8$&,"$#'
"2 '02-"F*"-; ' .2( ' -8$", ' R$F*$1E ' D&2(,$#E ' UZXX< ' R&+,$ ' 1. ' C$,)$C)"62 ' C.,)".1 ' ($ ' 1.'
)"$2)".'>,"$>.'C*$($'B$,#$'$1'"1*#-,.-"B&'-,.+.I&'($'h$"2,")8'B&2'R-.($2E'p0::"2"-"$#'
.2('41"#"&2#<'h$1$2'.2('h$11$2&)$2-,"#?qE'$2'5#"#E'XQEUZZOE'CC<'VYXmVZV<
R&+,$'1.'"?C&,-.2)".'($1'>,"$>&'$2'1&#'($+.-$#',$2.)$2-"#-.#';'$2'4,.#?&'$2'
C.,-")*1.,'C*$($')&2#*1-.,#$'$1'1"+,&'($'N&1(8""cE'o8&'2$$(#'N,$$jzE';.')"-.(&E'F*$'
C1.2-$.'"2-$,$#.2-$#')*$#-"&2$#'.1',$#C$)-&'.'1&'1.,>&'($'-&(.#'#*#'CH>"2.#<'R&+,$'1.'
C,$#$2)".'($'1&#'>,"$>&#'$2'1.#',$B&1*)"&2$#':,.2)$#.';'.?$,").2.E',$?"-"?&#'.'1&#'
-,.+.I&#'($'b<'i"(.1'].F*$-E'a1<'S&##L';'a8<'0B1.?"E')"-.(&#'$2'$1').CK-*1&'`E';'#&+,$'
1.'.?$,").2.'$2')&2),$-&'7<'4.($'=$(<@E'a1.##").1'T,.("-"&2#'"2'4.,1;'0?$,").E'022'
0,+&,E ' S")8">.2E ' UZY`W ' S<' A$"28&1(E ' a1.##"). '0?$,").2./ 'T8$ ' N,$$j '.2( ' A&?H2'
h$,"-.>$ ' "2 ' -8$ ' f2"-$( ' R-.-$#E ' !$-,&"-E ' UZX^< ' R&+,$ ' 1. ' "2)"($2)". ' ($ ' 1& ' >,"$>& ' $2'
)*$#-"&2$# ' ($ ' "($2-"(.( ' 2.)"&2.1E ' 0< ' D$&*##"E ' ].-"&2.1"#? ' .2( ' a1.##")"#?/ ' T8$'
a1.##").1 ' \&(; ' .# ' ].-"&2.1 ' R;?+&1 ' "2 ' ]"2$-$$28 ' a$2-*,; ' 42>1.2( ' .2( ' M,.2)$E'
\.#"2>#-&j$';'D&2(,$#E'UZZXW'$2'$1').#&'.1$?H2'C*$($'B$,#$'$1';.')"-.(&'1"+,&'($'
S.,)8.2(E ' !&[2:,&? ' -8$ ' e1;?C*#< ' R&+,$ ' $1 ' C.C$1 ' ($1 ' "?.>"2.,"& ' >,"$>& ' $2 ' $1'
($#)*+,"?"$2-&'($'0?L,").'C*$($2'B$,#$'1&#'1"+,&#':*2(.?$2-.1$#'($'R<'N,$$2+1.--E'
S.,B$1&*#'b&##$##"&2#<'T8$'o&2($,'&:-8$']$['o&,1(E'a8").>&E'UZZUE';'0<'N,.:-&2E'
]$[ ' o&,1(#E '02)"$2- 'T$c-#< 'T8$ ' b&[$, ' &: 'T,.("-"&2 ' .2( ' -8$ ' R8&)j ' &: ' !"#)&B$,;E'
a.?+,"(>$E'S.##<E'UZZO<
41 ' )"-.(& ' 1"+,& ' ($ ' !.B"( ' !$2+;E ' D&# ' >,.2($# ' 1"+,&#E ' $#-H ' -,.(*)"(& ' $2 ' 1.'
$("-&,".1'0)$2-&E'S.(,"(E'UZZYW'#&+,$'$1'B.1&,'($'1.'1"-$,.-*,.'.2-">*.'#&2'"2-$,$#.2-$#'
1.#',$:1$c"&2$#'F*$'11$B.'.').+&'a.,1&#'N.,)K.'N*.1'$2'#*'1"+,&'R&+,$'$1'($#),L("-&'
($ ' 1. ' 1"-$,.-*,. ' ; ' &-,&# ' .B"#&#' 8*?.2K#-")&#E ' \.,)$1&2.E ' b$2K2#*1.E ' UZZZE ' ; ' $1 ' ($'
7.)F*$1"2$'($'A&?"11;E'-,.(*)"(&'$2'1.'?"#?.')&1$))"62E'41'-$#&,&'($'1&#'#.+$,$#'
&1B"(.(&#E ' -.?+"L2 ' ($1 ' .%& ' UZZZ< ' !$ ' 1. ' ?"#?. ' .*-&,. ' C*$($2 ' 1$$,#$ ' #*#'

!"%

)&2#"($,.)"&2$#'$2'yb&,'F*L'N,$)".zE'-,.(*)"(&'$2'!$+.-$E'S.(,"(E'UZZYE'#"'+"$2'
#*#'.,>*?$2-&#',$#*1-.2'.'B$)$#'*2'-.2-&'-,.(")"&2.1$#<'R&+,$'1.'$c"#-$2)".'($'1&#'
.,>*?$2-&#';'-$?.#')1H#")&#'$2'$1')"2$'#$'8.+1.'$2'$1'1"+,&'($'7&,("'\.116';'d.B"$,'
bL,$3E ' D. ' #$?"11. ' "2?&,-.1< ' D&# ' .,>*?$2-&# ' *2"B$,#.1$# ' $2 ' $1 ' )"2$E ' 02.>,.?.E'
\.,)$1&2.E'UZZY<'R&+,$'$1'?*2(&'.2-">*&';'1.'C*+1")"(.(E'S<.'7<'A.?K,$3';'S<.'0<'
b"3.,,&E'p41'?*2(&')1H#")&'$2'1.'C*+1")"(.('>,H:").qE'4#-*("&#'a1H#")&#E'UPQEUZZQE'
CC<'UPYmUU^<
!$'1&#'2*?$,&#&#'1"+,&#'F*$',$)&>$2'$1'($+.-$'C$,C$-*&'#&+,$'1.'.)-*.1"(.('
($'1&#')1H#")&#E'>,"$>&#';'1.-"2&#E'C*$($')&2#*1-.,#$'$1'?H#',$)"$2-$'1"+,&'$("-.(&'C&,'
5B.2&'!"&2K>"E'!"':,&2-$'.1')1.##")"E'S"1H2E'OPPO<
b.,. ' 1.# ' )&2#"($,.)"&2$# ' ($ ' >,.2($# ' $#-*("&#&# ' #&+,$ ' 1. ' $2#$%.23. ' ($1'
>,"$>&' ,$?"-"?&# '.' 1.#' ?$?&,".#' ($ '!&((#' ;' !&B$,' ;. ')"-.(.# '.2-$,"&,?$2-$< '41'
C&1L?")&'1"+,&'($'iK)-&,'h.2#&2';'7&82'h$.-8E'o8&'j"11$('h&?$,z'T8$'!$?"#$'&:'
)1.##").1 ' 4(*).-"&2 ' .2( ' -8$ ' A$)&B$,; ' &: ' N,$$j ' o"#(&?E ' ]*$B. ' s&,jE ' UZZXE ' 8.'
1$B.2-.(&'#$,".#'.?C&11.#'$2'1.'#)8&1.,#8"C'.?$,").2.')&2')&2-*2($2-$#',$#C*$#-.#'
($'F*"$2$#'1&')&2#"($,.2'$c-,$?.(.?$2-$'$c.>$,.(&'$'"2B".+1$'$2'#*#'C,&C*$#-.#'.'
-,.BL#'#&+,$'-&(&'($'*2'2J?$,&'($'1.',$B"#-.'0,"&2'($'UZZZ<'0?+&#'.*-&,$#'8.2'
,$"2)"("(& ' $2 ' #*# ' C&#-*,.# ' $2 ' *2 ' 2*$B& '1"+,& ' ?H# ' >$2$,.1 ' .1' F*$ '#$ ' 8. ' .%.("(&'
\,*)$ ' T8&,2-&2E ' -"-*1.(& ' \&2:",$ ' &: ' -8$ ' h*?.2"-"$#< 'A$#)*"2> ' -8$ ' a1.##")# ' "2 ' .2'
"?C&B$,"#8$('0>$E'o"1?"2>-&2E'!$1.[.,$E'OPPU<

!"&

!"'

O%C)(#
+,-.-/01234/5555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555#
)56718.1.6191,3-/231.5555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555(
:,-2316;68<.6=,3-=<.5555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555(
><.69-83=,<.6?-8610-/<2-/0,3.@<555555555555555555555555555555555555555555555555555555555555555555555555555555555555555)$
A/16?<2B@-/01234/62</6/B@-,<.1.681=B/1.55555555555555555555555555555555555555555555555555555555555555555555)(
><.6-C-20<.6?-6816?3.01/231555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555!&
!56><.6=,3-=<.6;6D,3-/0-55555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555")
>16C1812316?-86E@381=,<6=,3-=<F5555555555555555555555555555555555555555555555555555555555555555555555555555555555555555")
>169<8G@3216?-6816EH0-/-16I-=,1F55555555555555555555555555555555555555555555555555555555555555555555555555555555555"%
JK3?-/231.6-6303/-,1,3<.55555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555"'
J86E<,3-/0183.@<F6=,3-=<555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555#%
LB.21/?<6-86C3-86?-6816M181/N15555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555$*
"56:,3-=<.6;6EMO,M1,<.F55555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555$$
P3,1/?<6Q12316-86-R0-,3<,55555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555$$
>16E2<8</3N1234/FS6J869,3@-,6@1,2<6?-6-/2B-/0,<55555555555555555555555555555555555555555555555555555555555$(
>1.62</TB3.01.6?-6H8-U1/?,<S6V-=B/?<6@1,2<6?-6-/2B-/0,<555555555555555555555555555555555555555555555%&
>16Q-8-/3N1234/;6.B.68W@30-.555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555%(
>16C<,0B/16?-6B/60G,@3/<555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555&#
EV1M3?B,W1.6MO,M1,1.F5555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555&%
#56:,3-=<.6;6,<@1/<.555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555&'
XY<.6@B/?<.6M1U<6B/16-03TB-0162<@Z/[555555555555555555555555555555555555555555555555555555555555555555555555555&'
A/16,-81234/681,=16;62<@98321?1555555555555555555555555555555555555555555555555555555555555555555555555555555555555555'#
>162</TB3.01?<,162</TB3.01?15555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555()
H?183?-.6=,3-=<.6?-6\<@1555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555((
$56:,3-=<.]6UB?W<.6;62,3.031/<.555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555)*$
>16L3M8316;68<.6=,3-=<.5555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555)*$
><.6=,3-=<.6;6-862,3.031/3.@<5555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555)))
>1.6281K-.6?-868-=1?<6=,3-=<5555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555))$
A/162B-.034/6?-63/2<@9103M383?1?-.55555555555555555555555555555555555555555555555555555555555555555555555555555555))'
%56><.6=,3-=<.6;68162B80B,16<223?-/018555555555555555555555555555555555555555555555555555555555555555555555555555555555)!#
J/6.-=B/?<6981/<555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555)!#
J86,-?-.2BM,3@3-/0<6?-6:,-2315555555555555555555555555555555555555555555555555555555555555555555555555555555555555555)"!
>163/K-/234/6?-6:,-231555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555)#)
+-,K-,.3</-.6?-6B/6-.0-,-<039<5555555555555555555555555555555555555555555555555555555555555555555555555555555555555555)#&
J/6MB.216?-6B/16:,-2316@O.6,-18555555555555555555555555555555555555555555555555555555555555555555555555555555555555)$)
&56:,1/?-N1.6;6@3.-,31.6?-6B/168-/=B15555555555555555555555555555555555555555555555555555555555555555555555555555555)$%
>16C1.23/1234/69<,6-86=,3-=<55555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555)$%
H8=B/1.6C<,@1.6?-619,-/?-,6=,3-=<55555555555555555555555555555555555555555555555555555555555555555555555555555555)%*
J/0,-6-86.B-^<6;6816,-183?1?555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555)%'
'56J863,,-.3.03M8-6-/21/0<6?-6:,-2315555555555555555555555555555555555555555555555555555555555555555555555555555555555555)&&
A/61/03=B<6=81@<B,55555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555)&&
_31U-.618691.1?<555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555)'!
A/16:,-23163/K-/01?1555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555)(%
J86-@M,BU<6?-6816@30<8<=W15555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555!**
(56H6@<?<6?-6-9W8<=<S6><.6=,3-=<.6;6/<.<0,<.55555555555555555555555555555555555555555555555555555555555555555555!*#

!"(

X`61Q<,16TBG[555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555!*#
\-C-,-/231.6M3M83<=,OC321.555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555!)(
a/?32-55555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555!"(

!#*

Você também pode gostar