w,L]YVK|QDP6WDHdP

LOSXUD>P
$ZLOSXUD>D1WJ5Ww,L]YVK|QDP6WDHdP(!
$LHN!
C
?\AFX!
NZGHYHQY(V8WGHYGHYD1PKHxUDW
VXG]5QD2\Y(O%[YPK5LVLY>XQD
V8WYDF
GHYDQDPVXUH1D>DPYVXGDp>!
VYH5DPHY8WDQDLYQD]NU>DHPKDQ
WHGHYD!]LPX]O(!VD\N(Q5WSY5L!
jL PDQD!N1W(tYX5\LYOD!
Page 1 of 27

SUDLMWD6WGDGHYDGHYGHYHxUKLUP
j>HPX6WVXUH]DQ]DHNVLYPDQVD!
WDQVP,~\DZJYD1GHYGHYHxUDHKLU!
jL>S7\L6ZWD1GHYDLQGYFQPlY,W
Y7VD!LNLPLWY(GHYD=&\XWDODULYPD!
VPDJWD!VVWDSDYPK5ZVXuWD!
W6\WgFQwX7YDWZD8WD!VXUDHbPD!
j>0\D\5ZDY bGHYGHYD\LY>YH
JY1GHYGHYH]LY>DHLM>DHMQDG5Q
GDQY(!S,LIWD!VYH5Y\]U>PDJWD!
7YPHYGHYGHYH]JLWQ5!SXpDHbP
7YPHYSUPD7PDLK7YLSWDMJWDPLS
7YPHYWD5KWD5FDHDGDWDMQDG5Q
K1WXPK5LVW6PDcYGDQYD1GDQYDG5Q
G(7\DtY(>Y(lD5(UD((\D50\(!VXGDp>(!
ND(EHU(t(YVD(0\(tQ(?57\(YD5p>(5)(!
Page 2 of 27

YD\9\(tWZDH\(U(]DQ(YD5L5N(!]X(!
VD(U(UD((6WZD,P(!N0SQ(M 50>(5)(!
$Y;\DYUODDbHVYH5YDLUMODHFQ
V8\5P^IOV08W7YG,\FPX WP
NL^4WLKG[,FHQ&\DYQHQMJUDH
G^I]DWYD{FO%[G(7\(!jVDGW!
SXUDMO1[UK1WXLQLP5WLdSXUDLU>D
UZDVXL]WDHUWHQWDQK1WXPK5LV
W6PDbHQLQK1W9\DQD1\(!]{]W(ULS
WWDHLQ]0\WHDY(YFQYDLUMH@>!
YDF6SLWPXRDQDKVKLUt 76Y\P
w,LY>XpYDF
DHDHGHYDPKDGHYVY(5GH5Y(!VQDWQ(!
V0jD3\VD0jWVYNLU\DLPLGYD(NVDP
GHYDMO[UK1WXLQLP5WLKSXUDLU>D
Page 3 of 27

O%;YDUZDWHQ(YLQK7\FPKDVXUDQ
VYD51[X1[XPXRD1G(7\DQzLz]WD1VXUDQ
VED1[YD1@>DGHY\XPDQVWDU\D0\KP
V8WYDF
#YPXYDVXUwHyDQVXUwHyPQX6PUQ
VXUwHy6WGDwHyS8M\DPDV]UP
LO6ZD3\\ZD1\D\LKPYL&'RUH]XH
PHpSY5WVND]LQLP5WLYxNP5>D
7YLUWD2\HQpH>UD(H>FMQDG5Q!
}D3\V0S8-\J1[D (-YD5ODNDUPQDHUPP
WXzDYFWGDpV0S8-\DD(j>0\F
GHYQDoDVK|H>YD HQ\ZDPP
S8M\DPDVFL]Yj>YD QPDH1WNP
GHYQDoDVK|H>YD HQPKHxUP
jLWQDPVSHQS8M\DPDV]UP
Page 4 of 27

$D(FQDPLGH5YYD (!VLPGDLGL!
6YDKD1W(LY5L[Y7YDj7\HNP\XWjXP
WXzDYFSXQ!]0XYD (5YP,xUP

Page 5 of 27

w,LY>XpYDF
Y!L]YDHKUDHp!SXp!SODHFQ!
$LZ5W9\!VGDFDU!VY5]0XP5KHxU!
xU!6ZD>XU,]DQ!VK|D@!VK|SDW
YU,\DQYUGDHY1 !]U!SUPHxU!
JD[U!]8O[U!SUDZ(5Nj\DHMQ!
VY5`!VY5GHYDLGLJLU[1YDMTD[U!
F1DS,It1PD(LOLY5gDL1YxDPUHxU!
YHGD1WVDUV1GDHK!NSDO,Q,OODHLKW!
;\DQD[DUDH SLU&'H DHJD(U,WD5J>HxU!
$zP8LW5LY5xP8LW5L{YJ5!6YJ5VD[Q!
`DQJ0\DH)j`DHGHYGHYL{ODHFQ!
YDPGHYDHPKDGHY!SD^IX!SLU)DH)!
LYxrSDHLYrSD@DHYDJ,]!]XLFU1WU!
VY5j>\VYDG,Y DDHY YDKQ!
]!LSQDN,RTYD,LFdYHLtU1WQ!
Page 6 of 27

WPDHKUDHPKD\DHJ,JDHDlDT,
NDONDO!NLbYDVD!VXJ!j>YD7PN!
1PbYHt@X\DHYD5VD!6PU]DVQ!
)D\X[!6N1GJXp!SUPHy,SUD\>!
$QDLGP;\LQ[QDHLJLU]DHLJLUED1[Y!
NEHUE1[X!w,N^4DHODHNY>DH5bPDHbP!
VDPD1\GHY!NDHG^I,Q,ON^4!SUx[,
LY]DOD@DHP J9\D[!VXUH]!V8\5WDSQ!
[P5NPD5@P!@HdJYDQJQHdLW
!S]XSLW6WD~\5Lj\!Lj\YG!
GDWDG\DNUDHG@!NSG,5NDP]DVQ!
=P]DQLQO\!V8~P!=P]DQ6ZDHPKHxU!
ODHNNWD58WSLWP5KDNWD5PKD([,
bUDHJDHSLWJDH5D`DQJ0\!SXUDWQ!
Q,LW!VXQ,LW!]XD7PDVDHPVDHPUW!VXR,
VDHPSDH P WS!VDHPDHPKDQ,LWP5KDPLW!
Page 7 of 27

$MDW]dXUDODHN!V0D9\DHK9\YDKQ!
ODHNNDUDHYHGNDU!V8dNDU!VQDWQ!
PKL5!NLSODFD\DH5LYxG,LL{ODHFQ!
LSQDNSDL>8GHY!6YL6WG!6YL6WN7VGD
Ld[DPDVD(J!]Y5!VY5`!VY5JDHFU!
l[ L*YxV .6YJ5!NL>5NDU!Lj\!NLY!
]DRDHLY]DRDHJDH]DR!L]YDHQ(N!WX!VP!
JD3OYDHGNDHDY!VNO6ZSLWL6ZU!
LYLMWD7PDLY[H\D7PD8WYDKQVDULZ!
VJ>DHJ>ND\5tVXN,LW5L='V]\!
NDPGHY!NDPSDODH6PDHLOWLY!
6PLj\DH6P]D\,NDP,ND1W!NWDJP!
VPD\XDHLQY bD7PD[P5\X!VGDL]Y!
FWXPX5RtWXED55UDYDVDHUDVG!
J5PDHO5DHJ5!VYD5\X[LY]DUG!
$;\D7P\DHJLQO\!VXW1WX6W1WXY[5Q!
Page 8 of 27

]XDDHODHNVDUDHMJG,]DH P WD]Q!
6P]XLNUDHPHpUDHM6Y,]XLYK!
LKU^\UHWD6WUL>P5U,LFP5LKPDO\!
PKDGDHPKDJ5!LVY 1GDUYL1GW!
9\DFP5[UDH9\DO,PKD8WDHPKDLQL[!
$P WDDH P WYSX!S\`!jQ!
SLY]LWWcY`!SDLUMDW!SUDYU!
VXO!VXuW!]8UDHYD
P\(NLQL[LQ5L[!
Y>D5wPJXpY5>,5]dXLM&'dXWDSQ!
$DwP!@S>!@DPDH`DQYDQFODFO!
jPD>8WDH`H5\!VXS>DH5YD\XYDKQ!
[QX[5UDH[QXYH5GDHJX>UDL]JX5>DNU!
$Q1WLzUDQ1GDHG^IDHGPL\WDGP!
$LYD DHPKDFD\DH5LYxNPD5LY]DUG!
Y,WUDJDHLYQ,WD7PDWS6Y,8WDYQ!
1PbYH!j&'DHLMWNDPDHLMWLj\!
Page 9 of 27

N/\D>jNLW!N/S!VY5ODHNjMDSLW!
WS6Y,WDUNDH[,PDQj[DQjXU9\\!
ODHNSDODH 1WLK5WD7PDN/\DLG!NPOH@>!
YHG]D{DZ5WcY`DHLQ\PDHLQ\PDw\!
F1!V8\5!]LQ!NHWXLY5UDPDHLYP&'LY!
LJ0\!SUlP JED>DS5>DH Q!
$LUDMDO\!ND1W!SUPD7PDMJp!
VY5NPD5FO67YzDPD/\DHPODY W!
PKDWSDG,5WSD!6ZLYy!6ZLYUDHXY!
$K!VY7VUDH9\DL!jPD>SUPWS!
VY7VUNUDHP!j7\\!VY5G]5Q!
$M!VYH5xU!L}*[DHPKDUHWDPKDEO!
\DHJ,\DH*\DHPKDUHWD!LV!VYD5LGULG!
YVXY5VXPQD!V7\!VY5SDSKUDHKU!
$P W!]DxW!]D1WDHED>K6W!jWDSYDQ
NP^IOX[UDH[1Y,YHGDDHYHGLY1PXLQ!
Page 10 of 27

DLM>XDH5MQDHDODHNQHWDUD[U!
$W,L1\DHPKDPD\!VYD5YDVtWXSZ!
NDO\DHJ,PKDQDGDHPKDH7VDKDHPKDEO!
PKDEXLP5KDY,\DH58WFDU,SXUGU!
LQ]DFU!jHWFDU,PKD]LP5KD XLW!
$LQGH5=\YSX!w,PD1VY5KD\5LPWDHJLW!
EwXWDHEP\DHLQ\WD7PDYDHfY!
$DHM6WHMDH XLWNUDHQW5N!VY5NDPN!
Q 7\Lj\DHQ 7\Q 7\!jND]D7PDjWDSQ!
EX!6SzD@UDHP!V1PDQ!VDUV03OY!
\XJDLGN XJDYWDH5J0,UDHY YDKQ!
zDHLYL]z!L]zHz!]U!]UDH[QX!
$SDLQL[UL[yDQLYM\DHM\NDOLYW
jLWLyW!jPD>`DHLKU^\NYFDHKLU!
LYUDHFQ!VXUJ>DHLY H]DHLYEX[Dw\!
EDOrSDHEODH1PDZ,LYYWDH5JKQDHJXp!
Page 11 of 27

NU>NDU>NWD5VY5E1[LYPDHFQ!
LYgbPDHY,W\DHLYxWD5LQ]DNU!
9\YVD\DH9\Y6ZDQ!6ZDQGDHMJGDLGM!
1DHOLOWDHLYxDHYD7PD7PLQVL6ZW!
Y,UHxUDHY,UDHY,UKDY,U LgUDT
Y,UF8IDPL>YH5bDW,uQDGDHQG,[U!
$D`D[DUL{]8O,FL]LSLYz!L]YDO\!
YDOLR/\DHPKDFDSL6W*PD]XLQ5L[U9\\!
$LUDP!VX]U>!VXl^\!VX[DSLW!
PYD1ND(L]NDHJDHPDQLYwDP!VY5]DVQ!
OODTD@DHLYxGHK!VDU!VVDUF W
$PDHG^I,P;\6ZDHLKU^\DHlYF5V,
SUPDZ5!SUP\!]0EUDH9\DNDH QO!
pLFY5UpLFY51 DHYDF6SLWUKS5LW!
ULYLY5UDHFQ!6N1[!]D6WDY(Y6YWDHMQ!
\XLpWN,LW5t]D1WUDJ!SUDM\!
Page 12 of 27

N(ODVSLWNDPDLU!VLYWDULYODHFQ!
LYgbPDHY,W\DHLYxKWD5 LQYDLUW!
LQ7\DHLQ\WN/\D>!SX^\wY>N,W5Q!
UwYDLYxVKDH;\H\DH!6YQD]Q!
bDUNDHNLWKD[5DH5!VKDH \!
$QDLG85X5YDHO~P,!LNU,LTLdG]DL[S!
LYxJDHDLYxWD5VX[,UDHpLFUDG!
MQQDHMQM1PDLG!j,LWPD,LWPD\!
LYL]z!ND=\SDHDQX,5PDH,PSUDP!
j>Y!V[DFDUDHPKDND\DHPKD[QX!
M1PDL[SDHPKDGHY!VNODJPSDUJ!
WcYDWcYLYYHND7PDLY8>X85LW8>!
?LlD5>LYL>XM51PP 7\XMUDLWJ!
\`DH\`SLW\5-YD\`D1WDH PDHLYP!
PKH1DH5U!VHQ,\`DDH\`YDKQ!
SlVPX7SLbLY5xH]DHLYPODHG\!
Page 13 of 27

$D7P\DHLQUQD 1WDHILY]7VODHN[ N
JD\d,Y!jD]XLY5xDYDV!jDNU!
L]]XLJ5LUUW!VqDTVXH>!VXU]dXKD
$PDHDH LUzPZQDHPXN1GDHLYJW-YU!
6Y\-\DHLWUQX-\DHLWUD7P-\DHLWUFO!
LSO!NLSO=PwX!]D{QHd{\,WQX!
`DQ6N1[DHPKD`DQ,LQp7SLbpS3OY!
JDHLYY6YDQDLG7\DH\DHJDFD\DH5E K6SLW!
GDUN,LW5p DHJ,V DHJ,VGV1P\!
Q@dPDO,UDNH]!VDL[yDQ!IDw\!
SLYdSDL>!SDSDLUP5L>S8UDHPQDHJLW!
7SX^IU,NPDV,Q!]X!]D1WDHY DNLS!
LY>X5KSLW!N>!VPZDH5 QZ5QD]Q!
$[P5]dXU@<\!SXpW!SXpzXW!
lJDH5E KDH5[P5[HQX[5QDJP!
MJLW(LVXJW!NPDU!N]ODJP!
Page 14 of 27

LKU^\Y>DH5-\DHLWPDDQD8W[UDH;YLQ!
$UDHJDHLQ\PD;\@DHLYxDLPdDHLgMDHbP!
E K-\DHLW!VX[DPDFPKD-\DHLWUQXbP!
PDWDPKDHPDWLUxDQ6YDDJKDU[ N
SXO67\!SXOKDH J67\DHMDW8N^\5!SUD]U!
LQUDYU>[P5`DHLYLUDHLYzUwYD!
$D7P8ULQpDH Ld`DQP8LW5P5KD\]D!
ODHNF8IDPL>Y,5Ut^IV7\SUDP!
9\DON/SDHPKDN/SDHPKDY @!NOD[U!
$ONLU>X67YFODHUDHLF>XLY5PDHbP!
$D]X]%GSLWYH5J,3OYQ!L]LRVDULZ!
$VV zDH LWLZ!]!jPDZ,SDSQD]Q!
YVXwYD!N9\YDK!jWDHLYxDHMQ!
M\DH5MUDL[]PQDHODHLKWtWQ8QSDW
S GxDHQDH\DHLQ!VXjW,N6WLP|KD
LQGD6WSQDHPH!S@!SUSXU\!
Page 15 of 27

PXRDLQO!VXLQS!VXUL!L]L]UD7PN!
YV1WDHPD[YDH,PDHQ6\DHE,MYDKQ!
$LUDPXLQUDdH\DHLYPODHLYxYDKQ!
SDYQ!SXpLM&'L{LY DHQUYDKQ!
PQDHEXLUKNDU!@Hd`!@HdSDON!
WHMDHLQL[`D5QLQL[LY5SDNDHLYNDUN!
$[UDH QXbUDH`H\DH-\HyDHLQ!wH\VDO\!
](ODHQJ6WQXGDH5KDHGDQYDLUULU1GP!
FDp[,M5QNtDpLY]/\DHODHN]/\NW
FWXYH5GtWXD5YtWXUtWXULj\!
$DoD\DH ZVPDoD\6W,Z5GHYL]YDO\!
ErSDHPKDrS!VY5rStUDFU!
1\D\LQYD5KNDH1\D\DH1\D\J0\DHLQUQ!
VK|P8[D5GHYH1!VY5]{jQ!
PX^IDHLYrSDHLYNWDHG^I,GD1WDHJX>DHbP!
LSOD@DH ZK\5@DHQ,O,YDHLQUDP\!
Page 16 of 27

VK|ED!VYH5]!]U^\!VY5ODHN W
SDVQ!SU-\DHLW!SUDYUOjG!
SJDH5PKDJDH5LYxJDH5LYF@>!
SUDYU`DHE,MH]!VXPXR!VXPKD6YQ!
GHYDVXUJXpGH5YDHGHYDVXUQP6NW!
GHYDVXUPKDPDdDHGHYDVXUPKDw\!
GHYDLGGHYDHGHYL5GH5YDVXUYUjG!
GHYDVXUHxUDHLG9\DHGHYDVXUPKHxU!
VY5GHYP\DH LF17\DHGHYWD7PD7PV0Y!
IDH Q,]!VXU9\DDHGHYLVKDHLGYDNU!
LYEX[DYUwHy!VY5GHYDHbPDHbP!
L]Y`DQUW!w,PDQL]LRw,SY5WLj\!
M\6W0DHLYL]z0DHQULVKLQSDWQ!
lFDU,ODHNFDU,[P5FDU,[QDL[S!
Q1G,Q1G,xUDHQDHQuW[U!]XLF!
LOD;\@!VXUD;\@DH\XJD;\@DH\XJDYK!
Page 17 of 27

6YY]!VY]!6YJ5!6YU!6YUP\!6YQ!
E,MD;\@DHE,MNWD5[QNP5Y[5Q!
G0DH G0DHPKDG0!VY58WPKHxU!
=P]DQLQO\L6W\!VHWXUjLWPDNLW!
ODHNDHbU6TDODHN{0ENDHQDJ8>!
$1[NDLUP5RgH,LY>XN1[USDWQ!
Y,WGDHDH @\JX>DHG@DLU!S8G1WW
[8M5LT!R^ISU]X!VNODHLQNODH Q!
$D[DU!VNOD[DU!SD^IXUDDHP IDHQT!
S8>5!S8UL\WDSX^\!VXNPDU!VXODHFQ!
VDPJH\!Lj\NU!SX^\N,LW5UQDP\!
PQDHMY6W,Z5NUDHMLTODHM,LYWHxU!
M,LYWD1WNUDHLQ7\DHYVXUHWDYVXLj\!
VLW!V7NLW!V!NDON^4!NOD[U!
PDQ,PD1\DHPKDNDO!VfLW!V7SUD\>!
F1V,YQ!]D6WDODHNJ8)DH PUDL[S!
Page 18 of 27

ODHNE1[XODH5NQDZ!NW`!NLW8>!
$QSD<\@U!ND1W!VY5]D{ WDYU!
WHMDHP\DH XLW[UDHODHNPD\DH >,U>X!
]XLFL6PW!jVD7PDM5\DHULWP!
-\DHLWP5\DHLQUDNDUDHMJDZDHMOHxU!
WX0EY,>,PKDND\DHLY]DHN!]DHNQD]Q!
LdODHND7PDLdODHNH]!]X!]X,UZD@M!
$9\O@>DH 9\DH9\D9\DHLY]D0SLW!
YU],ODHYUWXODHPDQDHPDQ[QDHP\!
lDLY>X!jMDSDODHKVDHKVJLW\5P!
YH[D[DWDLY[DWDF$bDKWD5FWXPX5R!
N(ODVL]RUDYDV,VYD5YDV,VWDJLW!
LKU^\JDH5KLU>!SXp!S8Y5M!LSWD
8WDO\DH8WSLW85LWGDHXYQHxU!
V\DHJ,\DHJLYGlDl^\DHlD>Lj\!
GHYLj\DHGHYQDZDHGHY`DHGHYLF1WN!
Page 19 of 27

LYPD@!NOD;\@DHY DDHY Y[5Q!

LQP5GDHLQUKNDUDHLQPDH5KDHLQpSY!
GS5KDGLS5WDH!VY5WX5SLUYW5N!
VLM!VK|DLF5!L}*[!jNLWGL@>!
8W9\YDZ!jYDHDL1WQD]Q!
$ZDH5 QZDH5PKDNDH]!SUND\(5NSL^IW!
LQN^TN!NWDQ1GDHLQ9\D5MDH9\DMPG5Q!
VcYYD1VDLcYN!V7\N,LW56W0NWDJP!
$NL0SWDHJX>DK,Q(ND7PDQ(NNP5NW
VXj,W!VXPXR!V8~P!VXNUDHGL@>DH QO!
6N1[!6N1[[UDH[X\5!jNT!j,LWY[5Q!
$SUDLMW!VY5VKDHLYG*[!VY5YDKQ!
$[ W!6Y[ W!VD;\!S8W5P8LW5\5]DH[U!
YUDK] [ *YD\XE5OYDQHNQD\N!
wXLWjND]!wXLWPDQHNE1[XUQHN[ N
w,YL]YDU0!]D1W!VPV!
Page 20 of 27

8]\DH8LWNfLW85>DH8WYDKQ!
$ND\DHND\6Z!NDO`DQ,NODYSX!
V7\uWPKD7\DJ,LQyD]DL1WSUD\>!
SUDZ5Y LbY5UGDHLYLY!wXLWVDJU!
$LQLY5^>DHJX>DK,NOD!NOKD
6YDYpDHP;\6Z!]dXDHP;\QD]N!
L]R^I,NYF,]8O,F^I,PX^I,FN^IO,
PHRO,NYF,RIJ,PD\,VVDUVDULZ!
$P 7\X!VY5NLVK6WHMDHUDL]P5KDPL>!
$V2\H\DH jPH\D7PDY,\5YD1ND\5NDHLYG!
YH DHYHGDZ5LYDHDVYD5FDUDHPXQ,xU!
$QXbPDHUD[DH5P[XU!Lj\G]5Q!
VXUH]!]U>VY5!]%GlVWDJLW!
NDO@!NODLU!N>,NWYDVXLN!
PKHYDVDHPK,WD5LQNODHLY] O!
XPL>6WUL>[51\!LVLG!LVLVD[Q!
Page 21 of 27

LQY b!VY W!L]/SDH9\8)DHU6NDHPKDXM!

#N-\DHLWLQ5UDWDHQUDHQDUD\>Lj\!
LQOH5SDHLQjSD7PDLQ9\5DH9\QD]Q!
6W9\6WYLj\!6WDHWD9\DVP8LW5UQDNO!
LQUY SGDHSD\DHLY DUDL]ULYP!
j]D1WEXLU@X!@XKDLQ7\VX1GU!
[(\D5[X\DH5[Dd,]!]DN/\!]Y5U,SLW!
SUPDZ5JXp5LzJX5pUDLwWY7VO!
UVDHUV`!VY5`!VY5VcYDYO0EQ!

Page 22 of 27

V8WYDF
#YQDoDVK|H>WXzDYY ;YMP
}DS\DPDVFLYX!S8M\DPDVSM(!
SU,@DZKUH!S8MDNPOHXPKHxU!
JDHS\DPDVNPOWG(NXYQHxU!
WSXSDHKLU6WdLNLPG7YB\LF1W\Q
`D7YD6YQHdPX7\VY5VcYDYO0EQP
S8M\DPDVDYHQQDoDWHQMJpP
WW6WdLYX5zYDWZD8WKUDHKLUP
W6PDGYWWDUD]XP^IOD7SDYN6\F
NDHLTD6NUVND]MTDPXNTPL^IWP
-YDODPDODY WLG9\W,~>Gz\UP
]8OTJGDFN1WSD][UKUP
YUGD\K6WFG,LSFPDH5bU,\NP
7Z08WWGDzYDY6PLY8LWP
zDHQPtNDUD]XGHYGHYMQDG5Q!
Page 23 of 27

YX6WSLU0\VH1DGHYDL{ODHFQP
FFDOlXYQFN0SHFYVX1[UD
GGDKWHM6W&'0DH!jD1WY(]W\DHMQP
$[6WDDH;Y5Wt(YKDKH7\NW8WOH
WGDjDKPKDGHY!jKVLY]U!
V0jH~\j>\DLg>XNWDLOSXTL6ZWP
`DWP\HGP[XQDGHYND\MQDG5Q
VXG]5QD2\FFGGDLPWY]DHQP
\SYWDzVY5ODHN\UP
LKWD\WY\HQWYDYD\VXuW
]D1WU>DLMUHLY>DHGHYDQD!RVD[QP
]D1W6\FD{]D1W6\D&'D1WHQD{H>LNOP
]D1W6\VPUHFD{]DL1WUHYWSL6YQDP
\DH!]D17\DEO&'HG!SU6\EOY LG!
GHY(U]D1W(\5SPG,\DY\D9\\P
LNPD\X[HQND\Y(\DHGHYDLUV8GQ
Page 24 of 27

@PD\XL[QND\Y(\DHGHYDLUV8GQ
$QDJWH9\W,WHFGD(E5/\H6YMQDH7NUH
$NDLONH7Y[PH5F$QZH5YDLUV8GQ
#YPXYDGGD(FV8\D5\XWVPjP
QHdFQHWDMJWDjXY(5SVLP
WGDj LWWjD!SD@LPLWVXuWP
GcY(QQ\QFLY>YHQ,OODHLKW!
S6S]5FNUDB\DY(VX]XDB\DPXYDFK
YUGDHKYUwHyYUD1YU\FHL3VWDQ
\DY],NWDHQ8Q7Y\DKSXpDHbP
7\XDHGHYGHYHQGHYGHYj>0\WP
7YL\LP5KDGHYjV,GYUPXbPP
QD1\LP&'DLPDQDPDW5\DHQDL6W\7jDH
W&'p7YDYFQW6\G\DYDQVXWUDY!
S6S]5FGGD(W6P(wD],WD]X8>!
jDKF(YPKDGHY!SUPD7PDQP&\XWP
Page 25 of 27

PL\tY1 tS8-\t(YVXUDVXU(!
LY\LWQVGHKDHP7jVDGD7VXUDHbP
\GDVW,G@SXd,LYLQ1 HYVXODHFQD
PDWULSWUG@LY\LWVXUHxU,
LG9\DK(PYW,LY>DHWGD7YPLSVXuW
LJQ,WYN/\D>,GHY,K(PYW,PXPDP
LQ\DHJDGl>!VD;Y,jGD6\LVPP(YWDP
P7V0E1[,FODHNDQDP;\HS8-\DHLY\LV
PDLG9\HQFDYHQWGDj LW]UP
~\VHFjVHQLPd8WLPYD7PQD
7\XYD1WG5[HpDHJYD,OODHLKW!
MQDG5QDHLSJYD1GHYDQDPLSVL[D(
$\DFWPKDGHYlD>PXLQL!VPP
P\DjDH6WYLG9\S\DHQHVX]DHQP
\!S4H&' >X\DgDLSwDY\HgDLgMDHbPDQ
jLWQDLoLKU^\6\Gb6\OPDX\DW
Page 26 of 27

$xPH[VK|H>OYLWW6\Y(
 WD (!}DS\H6ZD/\DY(NO](!]X(!
QDoDVK|H>DQHQw\DL]YP,xUP
VDHLS\`VK|6\OO%;YDVXUHxU(!
S8-\DHYLWp6\j,LW5YLWW6\Y(
WZDL67YLWWZDjDKS\DHQHM5QDG5QP
M*PWX!jL>S7\(QGHYGHYMJpP
W6PDDoDVK|H>S8M\HGQDHLgMD!
MSHDoDVK|FV\DLWSUPDJLWP
LWw,LOPKDSXUD>HS8Y5DJH
VK|QDPL!S8MQDLg>XFODDH
QDPDzQYLWWPDH;\D\!

Page 27 of 27