Está en la página 1de 16

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

/,0&
!"#"$%!&"'(%&)%!"&&*$+%,'%-%.-/%0*12%3"4(*&"
!"#$%&'()*+

1'(2,$+(34(56#76#8&+9(:;<4
5:=9(>*?5#%;/8;47#@

(A*%"(@*$+&",%-(6&8BC(5*88(2,$+(*"(DEFGHFIGJHKH%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%5&&'6778-/9)$(:8(;9)2
1
!1#/"("6&(!/"6#$

<*1=%>5)95)8"=%*(%-$%"?'"1*"$9"@%/"4(*&"%@"#"8)'"1%-$@%A):$@"1%)A%.-/>)$(:8(%!)8:&*)$(B%C$9;B%
-%9)2'-$D%&5-&%'1)#*@"(%/"4%@"(*+$B%2-1="&*$+B%-$@%&"95$)8)+D%-((*(&-$9"%&)%()8)%8-/D"1(%-$@%
8-/%A*12(%-8*=";%<*1=%*(%-8()%-%8*9"$("@%-&&)1$"D%/*&5%-%4-9=+1):$@%*$%8-/%'1-9&*9"%2-$-+"2"$&%
-$@%'8-*$&*AAE(%)1*"$&"@%F"1()$-8%C$G:1D%'1-9&*9";%H"%*(%-%+1-@:-&"%)A%I5"%J)5$%K-1(5-88%
.-/%!95))8%/5"1"%5"%"?9"88"@%-9-@"2*9-88D%-$@%/-(%-$%"?"9:&*#"%4)-1@%2"24"1%)A%I5"%
J):1$-8%)A%>)2':&"1%-$@%C$A)12-&*)$%.-/;%<*1=%5-(%-$%:$@"1+1-@:-&"%@"+1""%*$%C$&"1$-&*)$-8%
L:(*$"((%A1)2%C88*$)*(%!&-&"%,$*#"1(*&D%/5"1"%5"%'-1&*9*'-&"@%*$%91)((%9:8&:1-8%'1)+1-2(%-$@%
+1-@:-&"@%/*&5%5)$)1(;%%M#"1%&5"%9):1("%)A%5*(%9-1""1B%<*1=%5-(%5-@%&5"%)'')1&:$*&D%&)%"?'8)1"%
-%#-1*"&D%)A%9-1""1%1)8"(%*$98:@*$+%4"*$+%&5"%."+-8%N@2*$*(&1-&)1%)A%-$%NO%P-&"@%F"1()$-8%
C$G:1D%A*12%&)%4"9)2*$+%&5"%>QM%"$&1"'1"$":1%)A%-$%:'%-$@%9)2*$+%&"95$)8)+D%9)2'-$D;%%%
%
LMN5>!M):3(=O(A!33!PQR(S(>M)MQ(=O(>M!TM>MQR(

3HC.Q%IHQ%F,L.C!HQP%NRS%IHQ%N,IHMP%HNOQ%,!QS%IHQCP%LQ!I%Q00MPI!%CR%
FPQFNPCRT%IHC!%PQFMPIB%IHQU%KN<Q%RM%PQFPQ!QRINICMR!%MP%3NPPNRICQ!%
3CIH%PQ!FQ>I%IM%IHQ%N>>,PN>U%MP%>MKF.QIQRQ!!%M0%IHQ%>MRIQRI!%M0%IHC!%
3MP<%NRS%!FQ>C0C>N..U%SC!>.NCK!%N..%3NPPNRICQ!B%CR>.,SCRT%0CIRQ!!%0MP%N%
FNPIC>,.NP%F,PFM!Q;

I5"%*$A)12-&*)$%*$%&5*(%+:*@"%*(%$)&%+:-1-$&""@%&)%4"%9)2'8"&"B%9)11"9&%)1%:'%&)%@-&"%-$@%2-D%
4"%95-$+"@%/*&5):&%$)&*9";%%N$D%*$A)12-&*)$%9)$&-*$"@%5"1"*$%5-(%4""$%'1)#*@"@%()8"8D%A)1%
*$A)12-&*)$-8%-$@%"@:9-&*)$-8%':1')("(;%I5"%-:&5)1(%(5-88%$)&%4"%8*-48"%A)1%-$D%8)((%)A%'1)A*&%)1%
-$D%)&5"1%9)22"19*-8%@-2-+"(B%*$98:@*$+%4:&%$)&%8*2*&"@%&)%('"9*-8B%*$9*@"$&-8B%9)$("V:"$&*-8%)1%
)&5"1%@-2-+"(;%

P"-@"1(%)A%&5"("%2-&"1*-8(%(5):8@%95"9=%&5"*1%(&-&"%1:8"(%)A%'1)A"((*)$-8%1"(')$(*4*8*&D%-$@%-$D%
)&5"1%1"8-&"@%():19"(%)A%*$A)12-&*)$%/5*95%2-D%+)#"1$%-&&)1$"D%/"4(*&"(%)1%-@#"1&*(*$+;%R)&5*$+%
9)$&-*$"@%/*&5*$%&5*(%+:*@"%(5):8@%4"%9)$(*@"1"@%-(%&5"%1"$@"1*$+%)A%8"+-8%-@#*9"%-$@%1"-@"1(%
)A%&5*(%+:*@"%(5):8@%$)&%9)$(*@"1%*&%-%(:4(&*&:&"%A)1%)4&-*$*$+%-''1)'1*-&"%8"+-8%9):$("8%A1)2%-%
8*9"$("@%'1)A"((*)$-8%-&&)1$"D%*$%&5"*1%)/$%G:1*(@*9&*)$;%

.*="%-$D%)&5"1%"@:9-&*)$-8%2-&"1*-8(B%&5"("%2-&"1*-8(%-1"%$)&%2"-$&%&)%4"%-%(:4(&*&:&"%A)1%
V:-8*A*"@%&"95$*9-8%)1%8"+-8%9):$("8;%I"95$*V:"(%-$@%()8:&*)$(%9)$&-*$"@%5"1"*$%2-D%$)&%4"%
(:*&-48"%A)1%D):1%(*&:-&*)$;%R)%/-11-$&D%*(%"?&"$@"@;

I5"%A-9&%&5-&%-$%)1+-$*W-&*)$%)1%/"4(*&"%*(%1"A"11"@%&)%*$%&5*(%+:*@"%@)"(%$)&%2"-$%&5"%-:&5)1%)1%
':48*(5"1%"$@)1("(%*&;

N88%'1)@:9&(%$-2"(%-$@7)1%8)+)(%:("@%/*&5*$%&5*(%':48*9-&*)$%-1"%9)'D1*+5&(%-$@7)1%&1-@"2-1=(%)A%
&5"*1%1"('"9&*#"%)/$"1(;

I5*(%+:*@"%*(%9)'D1*+5&%XYZY%.-/>)$(:8(%!)8:&*)$(B%C$9;

(A*%"(@*$+&",%-(6&8BC(5*88(2,$+(*"(DEFGHFIGJHKH%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%5&&'6778-/9)$(:8(;9)2
2
A6'(M(A$#"&(Q6,;(./,0&
M#"1%&5"%D"-1(B%&5"1"%5-#"%4""$%2-$D%'")'8"%&5-&%5-#"%5"8'"@%2"%&51):+5%&5"%4))=(%&5"D%
/1)&"%)1%&5"%&:&)1*-8(%&5"D%91"-&"@;

C%@*@%$)&%8"-1$%&5"%8"(()$(%)A%2D%8*A"%)1%5)/%&)%@"(*+$%/"4(*&"(%*$%-%#-9::2;%C%8"-1$"@%&5"2%A1)2%
&5"%+:*@-$9"%)A%)&5"1(B%)1%&51):+5%2D%)/$%&1*-8%-$@%"11)1;%

Q#"1D)$"B%5)/"#"1B%5-(%-%1"(')$(*4*8*&D%&)%(5-1"%()2"%)A%/5-&%/"[#"%8"-1$"@%-8)$+%&5"%/-D;%
I5:(B%C%5)'"%D):%/*88%-99"'&%&5"%/*(@)2%C%-2%-4):&%&)%(5-1"%/*&5%D):%-$@%2D%(*$9"1"%@"(*1"%&)%
5"8'%D):%+"&%)$8*$"%4D%'1)#*@*$+%D):%/*&5%&5"%*$A)12-&*)$%D):%$""@%&)%=$)/%*$%&5*(%+:*@";

CA%D):1%-$%-&&)1$"D%&5-&%*(%A"@%:'%/*&5%8)(*$+%')&"$&*-8%98*"$&(%&)%&5"%9)2'"&*&*)$B%(*2'8D%4"9-:("%
D):%@)$[&%5-#"%-%/"4(*&"B%&5"$%&5*(%*(%&5"%+:*@"%A)1%D):;

CA%D):%A""8%&5-&%D):%-1"%1"-@D%&)%9)2'"&"%)$8*$"B%-$@%5-#"%D):1%)/$%/"4(*&"B%'8"-("%=""'%
1"-@*$+;

)*%'(T&-,%%&$(./,0&;(!$&(P#"(U#$(T&-,%%&$;
I5*(%+:*@"%/*88%$)&%&"-95%D):%5)/%&)%4:*8@%-%/"4(*&"B%-$@%4:*8@*$+%-%/"4(*&"%*(%$)&%A)1%4"+*$$"1(;%
I5*(%+:*@"%/*88%&"-95%D):%&5"%(&"'(%D):%$""@%&)%=$)/%*$%)1@"1%&)%*$&"88*+"$&8D%4:D%/"4%1"8-&"@%
("1#*9"(%A)1%D):1%8-/%A*12;

K-$D%4"+*$$"1%+:*@"(%+"&%&))%9)2'8*9-&"@%/-D%&))%V:*9=8D;%CA%-&%-$D%')*$&%/5*8"%1"-@*$+%&5*(%
+:*@"%D):%&5*$=%C%-2%+"&&*$+%&))%9)2'8*9-&"@%A)1%D):%&)%:$@"1(&-$@B%'8"-("%("$@%-$%"2-*8%&)%
9)$&-9&\8-/9)$(:8(;9)2%-$@%8"&%2"%=$)/%()%&5-&%C%9-$%1"#*("%A:&:1"%#"1(*)$(%)A%&5"%+:*@"%
-99)1@*$+8D;

!)2"%)A%/5-&%D):%/*88%8"-1$%*$%&5*(%+:*@"%/*88%():$@%8*="%-%A)1"*+$%8-$+:-+"%&)%D):;%35"$%4:D*$+%
-%/"4(*&"B%D):%/*88%8"-1$%&"12(%8*="%S)2-*$B%HIK.B%SR!B%R-2"("1#"1(B%-$@%0IF;%I5*(%+:*@"%/*88%
"?'8-*$%()2"%)A%&5"("%&"12(%&)%D):%*$%'8-*$%Q$+8*(5;

V*W,%-("6&(3,-6"(!"","/0&(5*%()*+&(!88("6&(L,UU&$&%7&
U):%(5):8@%&1"-&%("&&*$+%:'%D):1%/"4(*&"%-(%("1*):(8D%-(%D):%/):8@%&1"-&%("&&*$+%:'%D):1%
)AA*9";%<$)/%&5*(B%A)1%2-$D%')&"$&*-8%98*"$&(B%D):1%/"4(*&"%/*88%4"%&5"*1%'"19"'&*)$%)A%D):;%

CA%D):%8))=%8*="%-%2*88*)$%@)88-1(B%&5"D%/*88%2)(&%8*="8D%'"19"*#"%D):%&5-&%/-D;%CA%D):%8))=%8*="%-$%
-2-&":1%4"9-:("%D):1%/"4(*&"%*(%'))18D%@"(*+$"@%)1%):&%)A%@-&"B%&5"D%/*88%'"19"*#"%D):%&5-&%/-D;

,$@"1(&-$@%&5-&%D):%9-$[&%@)%"#"1D&5*$+%D):1("8AB%-$@%&5-&%D):%(5):8@%5*1"%"?'"1*"$9"@%
'1)A"((*)$-8(%&)%5"8'%D):%/5"$%$""@"@;%N8&5):+5%D):%9-$%1"-@%-%4))=%&)%8"-1$%5)/%&)%4:*8@%-%
/"4(*&"B%*$%1"-8*&DB%&5-&%*(%&*2"%D):%(5):8@%:("%&)%8"-1$%(=*88(%&5-&%/*88%2-="%D):%&5"%4"(&%8-/D"1%

(A*%"(@*$+&",%-(6&8BC(5*88(2,$+(*"(DEFGHFIGJHKH%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%5&&'6778-/9)$(:8(;9)2
3
D):%9-$%4";

C$%)1@"1%&)%(:99""@%)$8*$"B%D):%(5):8@%A)9:(%)$%@"#"8)'*$+6

Z; &5"%1*+5&%-&&*&:@"%-4):&%C$&"1$"&%K-1="&*$+
X; -%+))@%8))=*$+%/"4(*&"
]; =$)/8"@+"%-4):&%D):1%("1#*9"%-$@%5)/%D):1%("1#*9"%4"$"A*&(%D):1%&-1+"&%98*"$&
^; *$(*+5&%*$&)%5)/%&)%2-1="&%D):1%("1#*9"(%&)%D):1%&-1+"&%2-1="&

I5*(%+:*@"%*(%@"(*+$"@%&)%5"8'%D):%+"&%-%+))@%8))=*$+%/"4(*&";%I5"%)&5"1%"8"2"$&(%D):%/*88%$""@%
&)%8"-1$%A1)2%)&5"1%():19"(;%

!(O$&&(A&1;,"&(,;(P&W&$(*(.##0(A&1;,"&
C$%8*A"B%D):%+"&%/5-&%D):%'-D%A)1;%I5"1"%-1"%2-$D%A1""%)'&*)$(%&5-&%/*88%5"8'%D):%4:*8@%_/"4%
'-+"(;`%H)/"#"1B%A1""%)'&*)$(%5-#"%-%&"$@"$9D%&)%2-="%&5)("%&5-&%:("%&5"2%8))=%aa%/"88%
:$(:99"((A:8;

U):%@)$[&%/-$&%&)%8))=%:$(:99"((A:8%@)%D):b

MA%9):1("%$)&;%I5-&%*(%$)&%&5"%*2-+"%D):%/-$&%&)%("$@%')&"$&*-8%98*"$&(B%)'')(*$+%9):$("8B%)1%
"#"$%*$(:1-$9"%-@G:(&"1(;%U):%(*2'8D%$""@%-%+))@%/"4(*&"%A)1%'")'8"%&)%&-="%D):%("1*):(8D;

<$)/%&5*(6%UM,P%3QL!CIQ%C!%IHQ%3MP.S[!%3CRSM3%IM%UM,P%L,!CRQ!!;

N$@%D"(B%&5"%'1-9&*9"%)A%8-/%*(%-%4:(*$"((%a%:$8"((%)A%9):1("%D):%/)1=%A)1%-%$)$a'1)A*&B%*$%
-9-@"2*-B%)1%A)1%&5"%+)#"1$2"$&;

!*$9"%-%/"4(*&"%*(%()%-4()8:&"8D%*2')1&-$&%&)%UM,P%L,!CRQ!!B%*&%*(%*2')1&-$&%&5-&%D):%-&%8"-(&%
8"-1$%&5"%4-(*9%=$)/8"@+"%$"9"((-1D%&)%5-#"%)$";

H"1"%-1"%()2"%V:"(&*)$(%&5-&%D):%/*88%$""@%&)%4"%-48"%&)%-$(/"16

c H)/%2:95%9-$%C%('"$@%)$%2D%/"4(*&"%&5*(%D"-1b
c 35-&%/*88%C%@)%*A%()2"&5*$+%+)"(%/1)$+%/*&5%2D%/"4(*&"b
c 35-&%/*88%C%@)%*A%C%/-$&%&)%2-="%-%(2-88%95-$+"%&)%2D%/"4(*&"%9)$&"$&b
c 35)%/*88%C%):&():19"%2D%/"4%*((:"(%&)b
%
CA%D):%9-$$)&%-$(/"1%&5"%-4)#"%V:"(&*)$(B%&5"$%D):%2-D%$)&%4"%1"-@D%&)%+"&%)$8*$";%H)/"#"1B%
4D%&5"%"$@%)A%&5*(%+:*@"B%D):%/*88%4"%(&"'(%98)("1%&)%-95*"#*$+%&5*(%+)-8;%

A6'(R#/(P&&0(*(.##0(A&1;,"&
U):1%/"4(*&"%2-D%4"%2)1"%*2')1&-$&%&5-$%D):%&5*$=;%N(%'")'8"%9)$&*$:"%&)%*$&"+1-&"%&5"%C$&"1$"&%
*$&)%&5"*1%@-*8D%8*#"(B%/"4(*&"(%-1"%4"9)2*$+%&5"%'8-9"%&)%+)%A)1%*$A)12-&*)$%-4):&%'")'8"%-$@%

(A*%"(@*$+&",%-(6&8BC(5*88(2,$+(*"(DEFGHFIGJHKH%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%5&&'6778-/9)$(:8(;9)2
4
4:(*$"(("(;%>5-$9"(%-1"B%98*"$&(%-$@%')&"$&*-8%98*"$&(%-1"%$)&%&5"%)$8D%'")'8"%95"9=*$+%D):%):&%
)$8*$";%C$%A-9&B%)'')(*$+%9):$("8B%*$(:1-$9"%-@G:(&"1(B%-$@%D):1%9)2'"&*&*)$%2-D%-8()%4"%G:@+*$+%
D):%4-("@%)$%D):1%/"4(*&";

A&1;,"&;(T/,80(5$&0,1,8,"'

U):1%/"4(*&"%9-$%"$5-$9"%-88%D):1%)&5"1%2-1="&*$+%-9&*#*&*"(;%M&5"1%41-$@*$+%-9&*#*&*"(%2-D%+"&%
D):1%41-$@%*$%A1)$&%)A%'")'8"B%4:&%-%9)$9*("%4*884)-1@%-@#"1&*("2"$&%)1%D"88)/%'-+"%8*(&*$+%2-D%
$)&%4"%"$):+5%&)%"$&*9"%()2")$"%&)%9)$&-9&%D):%@*1"9&8D;%I5"1"%*(%-%+))@%95-$9"%&5"D%/*88%95"9=%
D):%):&%)$8*$"%A*1(&;%CA%D):1%/"4(*&"%A-*8(%&)%*2'1"((%&5"2B%D):%2-D%8)("%&5"%)'')1&:$*&D%&)%+"&%
&5"2%-(%-%98*"$&;

.##0(A&1;,"&;(5#%W&$"

U):%@)$[&%5-#"%2:95%&*2"%&)%9)$#"1&%-%/"4(*&"%#*(*&)1%*$&)%-%98*"$&;%M$9"%8-$@*$+%)$%D):1%
/"4(*&"B%&5"D%/*88%V:*9=8D%2-="%-%@"9*(*)$%-4):&%D):1%8-/%A*12;%CA%D):1%/"4(*&"%A-*8(%&)%*2'1"((B%
&5"D%/*88%'1)4-48D%+)%"8("/5"1";%I5*(%*(%G:(&%)$"%1"-()$%/5D%D):%$""@%&)%5-#"%-%+))@%/"4(*&";

.##0(A&1;,"&;(N6#?7*;&(R#/$(N"$&%-"6;

U):1%/"4(*&"%(5):8@%9)22:$*9-&"%D):1%(&1"$+&5(%V:*9=8D;%F")'8"%/-$&%&5"*1%8-/D"1(%&)%4"%
=$)/8"@+"-48"B%(&1)$+B%-$@%9-'-48"%)A%5-$@8*$+%&5"*1%8"+-8%*((:"(;%

A&1;,"&;(5*%(L#(A6*"(="6&$()&0,/@;(5*%X"

N%4:(%4*884)-1@%9-$%4"%-%')/"1A:8%/-D%&)%4:*8@%D):1%$-2"%1"9)+$*&*)$B%4:&%*&%9-$%)$8D%
9)22:$*9-&"%-%9):'8"%)A%/)1@(%"AA"9&*#"8D;%U):1%/"4(*&"B%5)/"#"1B%@)"(%$)&%5-#"%&5"("%
8*2*&-&*)$(;%3*&5%-%/"4(*&"%D):%9-$%"$5-$9"%D):1%2-1="&*$+%2"((-+"%/*&5%1"-8%8*A"%"?-2'8"(B%
98*"$&%&"(&*2)$*-8(%*A%D):1%G:1*(@*9&*)$%'"12*&(%*&B%#*@")B%-$@%48)+%:'@-&"(;%I5"%&"95$)8)+D%-81"-@D%
"?*(&(%&)%"$+-+"%')&"$&*-8%98*"$&(%*$%$:2"1):(%/-D(%)$8*$"B%&5"%V:"(&*)$%*(%/5"&5"1%D):%)1%D):1%
9)2'"&*&*)$%/*88%4"%&5"%A*1(&%&)%:("%*&;

Q6&(!""#$%&';(N"&B(1'(N"&B(./,0&("#(.&"",%-(=%8,%&
C&%*(%*2')1&-$&%&5-&%D):%1"-@%-88%&5"%A)88)/*$+%(&"'(%'1*)1%&)%&-=*$+%-$D%-9&*)$%)$%&5"2;%Q-95%(&"'%
)A%&5"%'1)9"((%*(%@"(*+$"@%&)%4:*8@%:')$%&5"%'1"#*):(%(&"'(B%4:&%D):%/*88%(&*88%$""@%&5"%=$)/8"@+"%
)A%-88%&5"%(&"'(%-(%-%/5)8"%&)%-9&:-88D%4"$"A*&%A1)2%&5"%'1)9"((;%I5"%A)88)/*$+%2"&5)@%-((:2"(%
&5-&%D):%@)$[&%-81"-@D%5-#"%-%/"4(*&"%A)1%D):1%8-/%A*12B%4:&%&5-&%D):%-1"%8))=*$+%&)%+"&%)$";

N"&B(K(G(56##;&(*(A&1(L&;,-%(5#@B*%'

C@"-88DB%&5"%A*1(&%&5*$+%D):%/*88%@)%)$%D):1%G):1$"D%*(%&)%9)$(:8&%/*&5%-%A"/%/"4%@"(*+$%9)2'-$*"(%
&5-&%('"9*-8*W"%*$%-&&)1$"D%/"4(*&"(;%K-$D%)A%&5"("%/"4%@"(*+$%9)2'-$*"(%/*88%)AA"1%A1""%*$*&*-8%
9)$(:8&-&*)$(%-4):&%&5"*1%("1#*9"(;%T*#"$%&5-&%D):%9-$%+"&%("#"1-8%A1""%9)$(:8&-&*)$(%A)1%(*2'8D%
2-=*$+%-$%*$V:*1DB%D):%1"-88D%5-#"%8*&&8"%&)%8)("%4D%9)$&-9&*$+%-%A"/%9)2'-$*"(;

(A*%"(@*$+&",%-(6&8BC(5*88(2,$+(*"(DEFGHFIGJHKH%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%5&&'6778-/9)$(:8(;9)2
5
N$)&5"1%1"-()$%A)1%95))(*$+%-$@%9)22*&&*$+%&)%-%/"4%@"(*+$%9)2'-$D%4"A)1"%-$D&5*$+%"8("%*(%
()%&5-&%&5"D%9-$%5"8'%D):%/*&5%&5"%(&"'(%&5-&%A)88)/;%LD%5-#*$+%-%+))@%/"4%@"(*+$%9)2'-$D%-&%
D):1%(*@"B%D):%/*88%4"%4"&&"1%')(*&*)$"@%&)%2-="%+))@%@"9*(*)$(%-4):&%D):1%C$&"1$"&%K-1="&*$+;

I1:(&%2"B%*A%D):%'*9=%&5"%1*+5&%9)2'-$D%a%&5"D%/*88%5"8'%D):%+"&%)$8*$"%2:95%2)1"%"AA*9*"$&8D%-$@%
4"&&"1%')(*&*)$"@%&5-$%D):%9):8@%"#"1%+"&%)$%-8)$";

Q,BY(35"$%9)$(:8&*$+%/*&5%-%/"4%@"(*+$%9)2'-$DB%-(=%&5"2%*A%&5"D%4:*8@%(*&"(%:(*$+%)'"$%
():19"%&"95$)8)+D;%CA%&5"D%(-D%D"(B%2-="%-%$)&"%-$@%-(=%&5"2%/5-&%'8-&A)12(%&5"D%(:'')1&;%
I5*(%/*88%4"%-$%*2')1&-$&%'-1&%)A%@"9*@*$+%/5*95%9)2'-$D%&)%:(";

N"&B(Z(G(56##;&(*(5#%"&%"()*%*-&@&%"(N';"&@(S([8*"U#$@(U#$(R#/$(N,"&

>)$&"$&%K-$-+"2"$&%!D(&"2(%d>K!e%-1"%/"4%-''8*9-&*)$(%&5-&%-88)/%&5"%)/$"1%)A%-%/"4(*&"%
&)%-@@%9)$&"$&%-$@%2-="%/"4(*&"%:'@-&"(%&)%&5"*1%/"4(*&"%#*-%-%4-9="$@%-@2*$*(&1-&*#"%
-''8*9-&*)$;

K-$D%/"4%@"(*+$"1(%4:*8@%(*&"(%:(*$+%')':8-1%)'"$%():19"%>K!%&"95$)8)+D;%L-(*9-88D%
('"-=*$+B%)'"$%():19"%&"95$)8)+D%"$-48"(%+1):'(%)A%&-8"$&"@%/"4%@"#"8)'"1(%&)%9)$&1*4:&"%
-$@%9)88-4)1-&"%)$%9)@"%/5*8"%4"*$+%A1""%&)%:("%&5"%1"(:8&*$+%9)@"%*$%&5"*1%)/$%'1)G"9&(;%I5"1"%
-1"%-%$:24"1%)A%@*AA"1"$&%)'"$%():19"%8*9"$("(%&5-&%/"4%@"#"8)'"1(%:("%A)1%&5"*1%9)@"B%-$@%
"-95%8*9"$("%/*88%5-#"%@*AA"1"$&%&"12(;%M$"%')':8-1%)'"$%():19"%8*9"$("%*(%&5"%TF.;%0)1%2)1"%
*$A)12-&*)$%-4):&%&5"%TF.B%#*(*&%///;+$:;)1+78*9"$("(7+'8;5&2

N8&5):+5%)'"$%():19"%&"95$)8)+D%*(%:(:-88D%A1""%&)%:("B%*&(%"?*(&"$9"%@)"(%$)&%2"-$%&5-&%D):%
@)$[&%$""@%-%/"4%@"(*+$"1;%M'"$%():19"%&"95$)8)+D%*(%2:95%2)1"%9)2'8*9-&"@%&5"$%2-$D%
:$(:('"9&*$+%/"4%@"#"8)'2"$&%$"/4*"(%1"-8*W";%CA%D):%@)$[&%=$)/%&5"%*$(%-$@%):&%)A%&5"%9)@"B%
D):%/*88%4"%*$%-%&):+5%(*&:-&*)$%/5"$%()2"&5*$+%+)"(%/1)$+%aa%-$@%G:(&%8*="%-$D%)&5"1%&"95$)8)+D%
aa%*&%*(%-82)(&%+:-1-$&""@%&5-&%()2"&5*$+%/*88%"#"$&:-88D%+)%/1)$+%/*&5%*&;%

N''1"9*-&"%&5-&%*&%&-="(%"?'"1*"$9"%&)%*$(&-88%-$@%2-*$&-*$%)'"$%():19"%-''8*9-&*)$(%9)11"9&8D;%LD%
5*1*$+%-%1"':&-48"%/"4%@"(*+$%9)2'-$D%&)%4:*8@%-$@%2-*$&-*$%D):1%(*&"B%D):%/*88%+1"-&8D%2*$*2*W"%
&5"%8*="8D%5))@%)A%'1)48"2(%)99:11*$+%/*&5%D):1%(*&"%*$%&5"%A:&:1";%

I5"1"%-1"%-%$:24"1%)A%@*AA"1"$&%)'"$%():19"%9)$&"$&%2-$-+"2"$&%'8-&A)12(%&5-&%-1"%')':8-1%
/*&5%/"4%@"(*+$"1(;%S"(*+$"1(%&5-&%4:*8@%/"4(*&"(%A)1%8-/D"1(B%/*88%&D'*9-88D%:("%J))28-B%S1:'-8B%
)1%3)1@F1"((;%

L-("@%)$%2D%"?'"1*"$9"%&5:(%A-1B%C%+"$"1-88D%1"9)22"$@%3)1@F1"((%A)1%/"4(*&"%@"#"8)'2"$&;%
I5"%3)1@F1"((%'8-&A)12B%-#-*8-48"%-&%3)1@F1"((;)1+B%5-(%-$%"?9"88"$&%/"4%@"(*+$%9)22:$*&D%
&5-&%(:'')1&(%*&%-(%/"88%-(%-$%*$&:*&*#"%-@2*$*(&1-&*#"%4-9="$@;%N8&5):+5%&5"%'8-&A)12%9-$%5-#"%
("9:1*&D%*((:"(%4"9-:("%)A%*&(%')':8-1*&DB%"?'"1*"$9"@%@"#"8)'"1(%9-$%+"$"1-88D%2*$*2*W"7
"8*2*$-&"%(:95%*((:"(%2-=*$+%*&%-%(-A"%95)*9"%A)1%-&&)1$"D%/"4(*&"%@"#"8)'2"$&;

(A*%"(@*$+&",%-(6&8BC(5*88(2,$+(*"(DEFGHFIGJHKH%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%5&&'6778-/9)$(:8(;9)2
6
35"$%95))(*$+%D):1%/"4(*&"%@"#"8)'"1B%2-="%(:1"%D):%&-="%*$&)%-99):$&%&5"%'8-&A)12%&5"D%
/*88%4"%4:*8@*$+%:')$;%I5*(%/*88%4"%-$%*2')1&-$&%95)*9"%A)1%D):1%A:&:1";%I5"%2)1"%1"(&1*9&*#"%-$@%
'1)'1*"&-1D%&5"%'8-&A)12%&5"D%:("B%&5"%2)1"%1"(&1*9&*#"%D):1%95)*9"(%/*88%4"%*A%D):%"#"1%4"9)2"%
:$5-''D%/*&5%&5"*1%("1#*9";%LD%5*1*$+%&5"%1*+5&%/"4%@"#"8)'2"$&%9)2'-$D%-$@%:(*$+%)'"$%
():19"%&"95$)8)+D%A)1%D):1%/"4(*&"B%D):%(5):8@%4"%"$-48"@%/*&5%&5"%A1""@)2%&)%2*+1-&"%D):1%
@-&-%"8("/5"1"%*A%D):%4"9)2"%:$5-''D%/*&5%&5"%("1#*9"(%D):%-1"%1"9"*#*$+;

N$)&5"1%1"-()$%A)1%95))(*$+%)'"$%():19"%&"95$)8)+D%*(%_A:&:1"%'1))A*$+;`%N(%D):%=$)/B%&5"%
C$&"1$"&%*(%9)$&*$:-88D%"#)8#*$+;%I5"1"A)1"B%D):%/*88%$""@%-%/"4(*&"%&5-&%*(%9-'-48"%)A%"#)8#*$+%
/*&5%*&;%CA%-$%)'"$%():19"%'8-&A)12%5-(%-%(&1)$+%9)22:$*&DB%95-$9"(%-1"%*&%/*88%4"%(:'')1&"@%/"88%
*$&)%&5"%A:&:1";

Q,BY(U):%(5):8@%(""%M'"$%!):19"%&"95$)8)+D%-(%-%2"-$(%)A%+"&&*$+%-%1"-88D%+1"-&%/"4(*&"%-&%
-%1"-88D%+1"-&%'1*9";%R)&%-(%-%2"-$(%)A%+"&&*$+%-%A1""%/"4(*&";%

N"&B(\(G(56##;&(*%0(!7</,$&(R#/$(L#@*,%

L"A)1"%D):%9-$%@)%-$D&5*$+B%D):%/*88%$""@%&)%+"&%-%@)2-*$%A)1%D):1%A*12[(%/"4(*&";%CA%D):%@)$[&%
=$)/%/5-&%-%@)2-*$%*(B%///;8-/9)$(:8(;9)2%*(%-%@)2-*$%$-2";%

C$%)1@"1%&)%+"&%-%@)2-*$B%D):%/*88%5-#"%&)%'-D%-$%-$$:-8%A""%&)%-%@)2-*$%1"+*(&1-1%8*="%
+)@-@@D;9)2%)1%$"&/)1=()8:&*)$(;9)2;%N%@)2-*$%$-2"%(5):8@%$)&%9)(&%D):%2:95%2)1"%&5-$%
fZY%-%D"-1;%H)/"#"1B%()2"%1"+*(&1-1(%/*88%("88%:$(-##D%$"/4*"(%-%4:$95%)A%-@@%)$%("1#*9"(%&5-&%
&5"D%@)$[&%$"9"((-1*8D%$""@;%

I5"1"%-1"%-%$:24"1%)A%1"-()$(%/5D%D):%(5):8@%1"+*(&"1%-%@)2-*$%$-2"%*$98:@*$+6

c ,(*$+%-%@)2-*$%$-2"%+*#"(%D):1%4:(*$"((%2)1"%91"@*4*8*&D;%C&%*(%2:95%2)1"%*2'1"((*#"%
&5"$%:(*$+%-%T2-*8%)1%H)&2-*8%-@@1"((%A)1%D):1%4:(*$"((%"2-*8;
c N%@)2-*$%$-2"%9-$%4"%#"1D%"-(D%A)1%98*"$&(%-$@%)'')(*$+%9):$("8%&)%1"2"24"1;%CA%&5"D%
$""@%&)%A*$@%D):1%9)$&-9&%*$A)%aa%&5"D%9-$%V:*9=8D%#*(*&%D):1%/"4(*&"%&)%+"&%*&%*$(&"-@%)A%
5-#*$+%&)%@*+%&51):+5%@)9:2"$&(;
c CA%D):%:("%D):1%)/$%@)2-*$B%D):%/*88%5-#"%2)1"%9)$&1)8%)#"1%D):1%A:&:1";%I5:(B%*A%D):%
"#"1%+"&%:$5-''D%/*&5%D):1%C$&"1$"&%2-1="&*$+%("1#*9"%'1)#*@"1(B%D):%/*88%5-#"%2)1"%
A1""@)2%&)%2)#"%&)%)&5"1(;

!%(=W&$W,&?(#U("6&(3&-,;"$*",#%([$#7&;;

L-(*9-88D%('"-=*$+B%+"&&*$+%-%@)2-*$%*$#)8#"(%1"+*(&"1*$+%&5"%$-2"%D):%/-$&%/*&5%-$%
)1+-$*W-&*)$%9-88"@%C>NRR%&51):+5%-%1"+*(&1-1%8*="%+)@-@@D;9)2;%I5"%1"+*(&1-&*)$%A""%/*88%
9)(&%-4):&%fZY%-%D"-1%-$@%D):%/*88%5-#"%&)%1"$"/%&5"%A""%"#"1D%D"-1%&)%2-*$&-*$%D):1%8"-("7
)/$"1(5*'%)A%&5"%@)2-*$;

P"+*(&"1*$+%D):1%@)2-*$%/*&5%-%1"+*(&1-1%/*88%+*#"%D):%9"1&-*$%8"+-8%1*+5&(%&)%&5"%@)2-*$;%!:95%
1*+5&(%/*88%&D'*9-88D%4"%('"9*A*"@%*$%&5"%1"+*(&1-1[(%@)2-*$%8*9"$("%-+1""2"$&%/5*95%/*88%4"%

(A*%"(@*$+&",%-(6&8BC(5*88(2,$+(*"(DEFGHFIGJHKH%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%5&&'6778-/9)$(:8(;9)2
7
'1"("$&"@%&)%D):%'1*)1%&)%':195-(";%

LD%1"+*(&"1*$+%D):1%)/$%@)2-*$B%D):%/*88%-8()%-9V:*1"%&"95$*9-8%9)$&1)8%)A%&5"%@)2-*$%/5*95%/*88%
-88)/%D):%&)%')*$&%&5"%@)2-*$%&)%&5"%"2-*8%-$@%/"4%("1#"1(%D):%('"9*AD;%

C&%*(%-4()8:&"8D%"(("$&*-8%&5-&%D):%)1%D):1%9)2'-$D%&-="(%&5"%$"9"((-1D%(&"'(%&)%1"+*(&"1%D):1%
)/$%@)2-*$%*$%D):1%)/$%$-2"%aa%4"9-:("%-$D%)&5"1%("&:'%/):8@%+"$"1-88D%4"%:$(-&*(A-9&)1D%)1%
:$/*(";%

I"95$*9-8%-$@%N@2*$*(&1-&*#"%9)$&-9&%*$A)12-&*)$%A)1%&5"%@)2-*$%9-$%4"%("&%&)%D):1%CI%)1%3"4%
S"(*+$"1(%*A%D):%()%95))(";%H)/"#"1B%2-$D%1"+*(&1-$&(%/*88%:("%&5"*1%)/$%9)$&-9&%*$A)12-&*)$%A)1%
-88%&5"%1"V:*1"@%A*"8@(;%

V#?("#(3&-,;"&$(R#/$(=?%(L#@*,%(P*@&

I)%1"+*(&"1%-%@)2-*$B%D):%/*88%+"$"1-88D%5-#"%&)%+)%&51):+5%&5"%A)88)/*$+%(&"'(6

Z; F*9=%-%$:24"1%)A%@)2-*$%$-2"(%&5-&%D):%/):8@%8*="%&)%:(";%U):%/*88%$""@%2)1"%&5-$%)$"%
4"9-:("%2-$D%@)2-*$(%-1"%-81"-@D%&-="$;
X; U):%/*88%$""@%&)%@"9*@"%5)/%D):%/*88%'-D%A)1%&5"%@)2-*$%95-1+"(B%+"$"1-88D%&5*(%/*88%
1"V:*1"%-%91"@*&%9-1@%)1%F-DF-8%-99):$&;%CA%D):%:("%-%91"@*&%9-1@B%2-="%(:1"%D):%=""'%&5"%
9-1@%*$A)12-&*)$%9:11"$&%/*&5%&5"%P"+*(&1-1%d)&5"1/*("B%*A%D):%5-#"%-:&)2-&*9%1"$"/-8(%*$%
'8-9"B%&5"%1"$"/-8%2-D%A-*8%9-:(*$+%-88%=*$@(%)A%$"/%'1)48"2(e;
]; CA%D):%'*9="@%-%/"4%@"(*+$"1%-81"-@D%-$@%-1"%+)*$+%&)%:("%&5"*1%5)(&*$+B%+"&%&5"%$-2"%
)A%&5"*1%'1*2-1D%-$@%("9)$@-1D%R-2"("1#"1(%/5"1"%&5"%(*&"%/*88%4"%5)(&"@%-$@%5-#"%*&%
1"-@D%@:1*$+%&5"%1"+*(&1-&*)$%'1)9"((;%I5"%1"-()$%D):%$""@%&5*(%*$A)12-&*)$%*(%4"9-:("%
*&%*(%:("@%&)%')*$&%D):1%@)2-*$%$-2"%&)%D):1%/"4(*&";%35"$%-(="@%A)1%(:95%*$A)12-&*)$B%
"$&"1%*&%-99)1@*$+8D;%CAB%5)/"#"1B%D):%:("%K*91)()A&%Q?95-$+"%)$%-%8)9-8%*$&1-$"&%A)1%D):1%
A*12B%D):%/*88%/-$&%&)%/)1=%/*&5%D):1%CI%'")'8"%5"1"%&)%("&:'%Kg%*$A)12-&*)$%-99)1@*$+8D%
dD):1%CI%'")'8"%(5):8@%4"%-48"%&)%"?'8-*$%&5*(%&)%D):e;
^; S:1*$+%&5"%1"+*(&1-&*)$%'1)9"((B%D):%/*88%5-#"%&)%"$&"1%*$%P"+*(&1-$&B%N@2*$*(&1-&*#"B%-$@%
I"95$*9-8%>)$&-9&%*$A)12-&*)$%A)1%D):1%@)2-*$;
h; U):%/*88%+"$"1-88D%$""@%&)%91"-&"%-%:("1%-99):$&%-$@%'-((/)1@%A)1%&5"%P"+*(&1-1[(%(*&"%
4"A)1"%'-D*$+%D):1%-(()9*-&"@%1"+*(&1-&*)$%A""(;

Q,BY%L"/-1"%)A%&5"%:'a("88(%&5-&%D):%2-D%"$9):$&"1%/5*8"%1"+*(&"1*$+%D):1%@)2-*$%4"9-:("%*A%
D):1%$)&%9-1"A:8B%D):%2-D%('"$@%(*+$*A*9-$&8D%2)1"%&5-$%fZY%A)1%D):1%1"+*(&1-&*)$;

V#?("#([,7+(*(L#@*,%(P*@&(U#$(R#/$(>*?([$*7",7&(

I5"%A*1(&%(&"'%&)/-1@(%+"&&*$+%-%/"4(*&"%*(%'*9=*$+%-%@)2-*$%$-2";%,$A)1&:$-&"8DB%2-$D%)A%&5"%
1"-88D%+))@%@)2-*$%$-2"(%5-#"%-81"-@D%4""$%&-="$%4D%&5"%9)2'"&*&*)$;%H)/"#"1B%/*&5%-%8*&&8"%
91"-&*#*&DB%-@#*9"B%-$@%5"8'%A1)2%@)2-*$%(:++"(&*)$%&))8(B%D):%9-$%+"$"1-88D%A*$@%-%+))@%95)*9"%
&)%2-&95%D):1%'-1&*9:8-1%'1-9&*9"%-1"-%-$@%*&(%$""@(%aa%"('"9*-88DB%*A%D):%':&%*$%&5"%$"9"((-1D%
"AA)1&;

(A*%"(@*$+&",%-(6&8BC(5*88(2,$+(*"(DEFGHFIGJHKH%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%5&&'6778-/9)$(:8(;9)2
8
P#"(!88(L#@*,%;(!$&(5$&*"&0(:</*8

K-$D%8-/D"1(%'*9=%@)2-*$(%4-("@%)$%&5"%$-2"%)A%&5"*1%'1-9&*9";%35*8"%*&%*(%-%+))@%*@"-%&)%)/$%
(:95%-%@)2-*$B%*&%*(%*2')1&-$&%&)%$)&"%&5-&%*&%@)"(%5-#"%*&(%@1-/4-9=(;

I5*(%*(%'-1&*9:8-18D%&1:"%/5"$%&5"%@)2-*$%*(%4-("@%)$%&5"%-&&)1$"DE(%A*1(&%$-2"%)1%&5"%$-2"%)A%
-%'-1&$"1(5*';%0)1%"?-2'8"B%iA*1(&$-2"8-(&$-2"8-/;9)2i%2*+5&%$)&%4"%-%+))@%A)12:8-%A)1%-%
@)2-*$;%I5*(%*(%4"9-:("%&5"%@)2-*$%$-2"%2-D%4"%5-1@%&)%'-((%&)%(:99"(()1%)/$"1(%)A%&5"%A*12;

I5:(B%/5"$%&5"%)1*+*$-8%)/$"1%)A%(:95%-%@)2-*$%$-2"%1"&*1"(B%&5"%(:99"(()1%-&&)1$"D(%
2-D%5-#"%&)%95-$+"%&5"%$-2"%)A%&5"%A*12%@:"%&)%"&5*9-8%1"(&1*9&*)$(%2-=*$+%&5"%
A*1(&$-2"8-(&$-2"8-/;9)2%@)2-*$%()2"/5-&%:$:(-48"%A)1%&5"%(:99"(()1(;

CA%)$"B%5)/"#"1B%/"1"%&)%9)2"%A1)2%-%A-2*8D%&5-&%5-(%2-$D%8-/D"1(%*$%*&%a%/5*95%(""2(%&)%4"%
V:*&"%9)22)$%*$%>5*9-+)%a%-%4"&&"1%95)*9"%A)1%-%@)2-*$%/):8@%4"%i8-(&$-2"8-/;9)2;i%I5*(%/-D%
&5"%@)2-*$%/):8@%(&*88%5-#"%#-8:"%/5"$%&5"%A):$@"1%1"&*1"@%-$@%'-(("@%&5"%A*12%&)%5*(%)1%5"1%
95*8@1"$;

F-1&$"1(5*'(%-8()%A-9"%*((:"(%/*&5%$-2"%4-("@%@)2-*$(;%I5*(%*(%"('"9*-88D%&1:"%/5"$%)$"%
'-1&$"1%8"-#"(%&5"%A*12;%I5:(%*A%-%A*12%/"1"%&)%:("%-%@)2-*$%8*="%i?DW8-/D"1(;9)2i%/*&5%?B%DB%
-$@%W%1"'1"("$&*$+%'-1&$"1%*$*&*-8(B%&5"D%2-D%A-9"%()2"%"&5*9-8%@*8"22-(%/*&5%&5"%@)2-*$%*A%
'-1&$"1%i?i%/"1"%&)%8"-#";

T*#"$%&5-&%-%@)2-*$%$-2"%*(%-$%-(("&B%*&%/):8@%(""2%&5-&%'1-9&*9"%-1"-7="D/)1@%@)2-*$(%2-D%
4"%'1"A"1-48";%H)/"#"1B%&5"("%@)2-*$(%5-#"%&5"*1%@1-/4-9=(%-(%/"88;%

!1#/"([$*7",7&(!$&*(L#@*,%(P*@&;

35"$%95))(*$+%-%@)2-*$B%*&%*(%*2')1&-$&%&)%9)$(*@"1%-88%&5"%A-9&)1(%-$@%')((*4*8*&*"(%&5-&%9-$%
4"%*$A8:"$9"@%4D%D):1%95)*9";%K-$D%/"4%9)$(:8&-$&(%/*88%"$9):1-+"%8-/D"1(%&)%:&*8*W"%="D/)1@%
4-("@%@)2-*$(%A)1%&5"*1%'1)#"$%("-195%"$+*$"%4"$"A*&;%N%_="D/)1@`%*(%-%/)1@%&5-&%')&"$&*-8%
98*"$&(%2-D%:("%&)%("-195%A)1%D):1%("1#*9"%)$8*$";%

0)1%"?-2'8"B%*88*$)*(a*$G:1Da-&&)1$"D;9)2%/):8@%4"%-%+))@%@)2-*$%A)1%-%'"1()$-8%*$G:1D%-&&)1$"D%
*$%C88*$)*(;%I5*(%*(%4"9-:("%&5"%@)2-*$%9)$&-*$(%&51""%="D/)1@(6%C88*$)*(B%C$G:1D%-$@%N&&)1$"D;%

H-#*$+%-%="D/)1@%*$%-%@)2-*$%+*#"(%&5"%(*&"%2)1"%_="D/)1@%'1)?*2*&D`%A)1%&5-&%'-1&*9:8-1%
="D/)1@;%%_<"D/)1@%F1)?*2*&D`%*(%-%=$)/$%A-9&)1%&5-&%*$A8:"$9"(%("-195%'"1A)12-$9";%I5"%98)("1%
&5"%="D/)1@%*(%&)%&5"%_5&&'677///;`B%&5"%2)1"%'1)?*2*&D%*&%5-(;%

I5:(B%2)(&%!"-195%Q$+*$"%M'&*2*W-&*)$%"?'"1&(%d!QM(e%/):8@%-+1""%&5-&%5&&'677*88*$)*(a*$G:1Da
-&&)1$"D;9)2%/):8@%5-#"%2)1"%="D/)1@%'1)?*2*&D%&5-$%5&&'677?DW8-/D"1(;9)27*88*$)*(a*$G:1Da
-&&)1$"D(;%I5"1"A)1"B%-$%!QM%('"9*-8*(&%2*+5&%&5*$=%&5-&%&5"%A*1(&%,P.%*(%'1"A"1-48"%&)%&5"%("9)$@%
@:"%&)%&5"%+1"-&"1%_="D/)1@%'1)?*2*&D;`%N(%-%1"(:8&B%&5"%A*1(&%,P.%2*+5&%'"1A)12%4"&&"1%*$%("-195%

(A*%"(@*$+&",%-(6&8BC(5*88(2,$+(*"(DEFGHFIGJHKH%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%5&&'6778-/9)$(:8(;9)2
9
1"(:8&(%&5-$%&5"%("9)$@%*A%-88%)&5"1%A-9&)1(%/"1"%"V:-8;

H"1"%-1"%-%A"/%A-9&)1(%&)%9)$(*@"1%/5"$%95))(*$+%-%@)2-*$6

Z; A,88('#/(/;&(+&'?#$0;(,%('#/$(0#@*,%C(0*$@%):&%*A%*&%*(%9)$(*@"1"@%"&5*9-8%*$%D):1%
G:1*(@*9&*)$%&)%:("%="D/)1@(%*$%&5"%@)2-*$b%N%+))@%'8-9"%&)%(&-1&%/):8@%4"%&)%(""%*A%D):1%
9)2'"&*&)1(%-1"%:(*$+%&5"2%)1%$)&;%01)2%&5"1"B%D):%9-$%1"#*"/%D):1%G:1*(@*9&*)$(%1:8"(%A)1%
A:1&5"1%*$(*+5&%4"A)1"%2-=*$+%-%@"9*(*)$;%

35"$%'*9=*$+%-%="D/)1@%@)2-*$B%9)$(*@"1%/5-&%&D'"%)A%/)1@(%'")'8"%2-D%:("%&)%
A*$@%D):1%("1#*9"(%)$8*$"%d'1-9&*9"%-1"-(%j%8)9-&*)$(e;%CA%D):%95))("%&)%:("%-%="D/)1@%
@)2-*$B%D):%(5):8@%(&*88%9)$(*@"1%4:D*$+%-%@)2-*$%/*&5%D):1%8-/%A*12%$-2"%*$%*&%&)%
'1"#"$&%:$(91:':8):(%95-1-9&"1(%A1)2%'*9=*$+%*&%:';
X; V#?(7*%('#/(@*+&('#/$(0#@*,%(&*;'("#($&@&@1&$C(C%5-#"%(""$%()2"%'1"&&D%4-@%
@)2-*$(%A)1%8-/D"1(;%CA%D):1%@)2-*$%$-2"%*(%&))%8)$+B%*&%/*88%4"%5-1@%A)1%D):1%98*"$&(%&)%
1"2"24"1;%K)1")#"1B%*&%/*88%2-="%D):1%@)2-*$%4-("@%"2-*8(%2)1"%@*AA*9:8&%A)1%'")'8"%
&)%:("%d&5"%8-(&%&5*$+%D):%/-$&%*(%()2")$"%("$@*$+%9)$A*@"$&*-8%"2-*8(%&)%&5"%/1)$+%
1"9*'*"$&%4"9-:("%D):1%@)2-*$%$-2"%*(%5-1@%&)%&D'"e;
]; L#&;('#/$(0#@*,%(;/--&;"(?6*"('#/(0#C%CA%D):1%-$%-&&)1$"DB%D):%(5):8@%(&1)$+8D%
9)$(*@"1%5-#*$+%-&&)1$"DB%8-/B%)1%8-/D"1%()2"/5"1"%*$%D):1%@)2-*$;
^; L#%X"(@*+&(,"("##(8#%-C%M$9"%-+-*$B%D):%@)$[&%/-$&%D):1%@)2-*$%&)%4"%&))%8)$+;%C&%*(%
4"(&%$)&%&)%"?9""@%&51""%="D/)1@(%*$%-%@)2-*$;%N$D&5*$+%"8("B%/*88%1:$%&5"%1*(=%)A%4"*$+%
&))%8)$+;
h; L#"(5#@(#$(L#"(P&"C%T"$"1-88D%('"-=*$+B%*&%*(%4"(&%&)%=""'%D):1%@)2-*$%*$%&5"%;9)2%
)1%;$"&%-1"$-%/*&5%;9)2%4"*$+%&5"%'1"A"1"$9";%CA%D):%9-$%4:D%4)&5B%@)%*&;%I5"$%:("%
&5"%;9)2%A)1%D):1%(*&"%/5*8"%1"@*1"9&*$+%&5"%;$"&%@)2-*$%&)%D):1%;9)2%(*&";%U):%9-$%(""%
&5*(%("&:'%*$%-9&*)$%4D%&D'*$+%*$%5&&'6778-/9)$(:8(;$"&%-$@%/-&95*$+%*&%+"&%1"@*1"9&"@%&)%
5&&'6778-/9)$(:8(;9)2;

CA%D):%A*$@%-$%-#-*8-48"%@)2-*$%$-2"%&5-&%D):%8*="B%2-="%(:1"%D):%+"&%*&%V:*9=8D;%S)$[&%5"(*&-&"%
4"9-:("%()2")$"%"8("%2-D%1"+*(&"1%*&%4"A)1"%D):%*A%D):%'1)91-(&*$-&";

)*+&(N/$&(R#/(T/'(R#/$(=?%(L#@*,%

K-$D%8-/D"1(%/*88%5-#"%&5"*1%CI%'"1()$$"8%)1%&5"*1%/"4%@"(*+$"1%':195-("%&5"*1%@)2-*$%A)1%
&5"2%-$@%&5*(%9-$%8"-@%&)%&5"%&5*1@%'-1&D%1"+*(&"1*$+%&5"%(*&"%*$%&5"*1%)/$%$-2";%H)/"#"1B%*&%*(%
"?&1"2"8D%*2')1&-$&%&5-&%D):%:$@"1(&-$@%&5"%1*(=(%)A%$)&%1"+*(&"1*$+%D):1%)/$%@)2-*$;

0)1%"?-2'8"B%*A%-%&5*1@%'-1&D%5-(%1"+*(&"1"@%D):1%@)2-*$%*$%&5"*1%)/$%$-2"B%&5"D%/*88%"(("$&*-88D%
4"%*$%9)$&1)8%)A%*&(%:(";%CA%A)1%()2"%1"-()$B%D):%5-#"%-%A-88*$+%):&%/*&5%&5"2%*$%&5"%A:&:1"B%)1%
&5"D%A-*8%&)%1"$"/%D):1%@)2-*$B%/5-&%/*88%D):%@)b%S)%D):%/-$&%&)%&-="%&5"%95-$9"%)A%8)(*$+%D):1%
@)2-*$b%

N%@)2-*$%+"$"1-88D%4"9)2"(%2)1"%#-8:-48"%&5"%8)$+"1%*&%*(%)$8*$";%K)1")#"1B%&5*$=%)A%-88%&5"%
4:(*$"((%9-1@(%D):%/*88%'-((%):&%)#"1%&5"%9):1("%)A%D):1%'1-9&*9"%&5-&%/*88%A"-&:1"%D):1%@)2-*$;%

(A*%"(@*$+&",%-(6&8BC(5*88(2,$+(*"(DEFGHFIGJHKH%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%5&&'6778-/9)$(:8(;9)2
10
35-&%/):8@%5-''"$%*A%&5"%"?'"$(*#"%41)95:1"(%-$@%2-1="&*$+%2-&"1*-8(%D):%4):+5&%-88%)A%
(:@@"$%A"-&:1"@%-%@)2-*$%D):%@*@$[&%9)$&1)8b%M1%/)1("%D"&B%/5-&%/):8@%5-''"$%*A%D):%@*@$[&%+"&%
"2-*8%-$D2)1"%4"9-:("%D):%8)(&%D):1%@)2-*$b

C$%)1@"1%&)%2*$*2*W"%&5"("%*((:"(B%*&%*(%-%+))@%*@"-%&)%&-="%D):1%@)2-*$%#"1D%("1*):(8D;%0)1%4"(&%
1"(:8&(B%4:D%*&%A)1%-%A"/%D"-1(%-$@%:("%-%(&1)$+%'-((/)1@%&)%'1)&"9&%-99"((%&)%*&(%9)$&1)8;

N"&B(](G(56##;&(*(A&1(V#;"(^MU(P&7&;;*$'_

M$9"%D):%5-#"%-%@)2-*$%$-2"B%D):%/*88%$""@%-%/"4%5)(&%&)%5)8@%D):1%/"4(*&"%A*8"(%-$@%2-="%
D):1%(*&"%#*(*48"%&)%&5"%':48*9;

Q#"1D%/"4(*&"%5-(%-%5)(&%-$@%2-$D%1"+*(&1-1(%/*88%-8()%)AA"1%5)(&*$+;%H)/"#"1B%*A%D):1%+)*$+%&)%
:("%-%@"(*+$"1%A)1%D):1%(*&"%-(%(:++"(&"@%*$%(&"'%ZB%2-="%(:1"%D):%&-8=%&)%&5"2%4"A)1"%)1@"1*$+%
5)(&*$+;

35Db

L"9-:("%&5"1"%*(%-%+))@%95-$9"%&5-&%&5"D%5-#"%&5"*1%)/$%5)(&*$+%&5-&%&5"D%8*="%&)%:(";%U):%(""B%
$)&%-88%5)(&(%:("%&5"%(-2"%'8-&A)12;%!)2"%5)(&(%:("%.*$:?%4-("@%(D(&"2(%-$@%()2"%5)(&(%:("%
3*$@)/(%4-("@%(D(&"2(;%C$%)1@"1%&)%"$(:1"%&5-&%D):1%5)(&*$+%*(%9)2'-&*48"%/*&5%D):1%@"(*+$"1%
-$@%&5"*1%'1"A"1"$9"(B%D):%/*88%/-$&%&)%A)88)/%&5"*1%8"-@%5"1";%

U):1%95)*9"%)A%5)(&*$+%9-$%-8()%"AA"9&%/"4(*&"%("9:1*&DB%(&-4*8*&DB%-$@%'"1A)12-$9";%!)2"%
5)(&*$+%'8-&A)12(%-1"%2)1"%:("1%A1*"$@8D%&5-$%)&5"1(%-$@%D):%/*88%4"%+8-@%D):%95)("%&5"%1*+5&%
)$"%*A%D):%"#"1%5-#"%-%9:(&)2"1%("1#*9"%*((:";

V#?("#([#,%"(R#/$(L#@*,%("#(R#/$(V#;"

P#"&(G%CA%D):%-81"-@D%("&%&5"%R-2"("1#"1(%A)1%D):1%/"4(*&"%-&%&5"%&*2"%)A%1"+*(&"1*$+%D):1%
@)2-*$B%D):%9-$%(=*'%&5*(%("9&*)$%-$@%+)%&)%(&"'%h;%I5*(%("9&*)$%*(%A)1%&5)("%/5)%':195-("@%-%
@)2-*$%'1*)1%&)%95))(*$+%-%/"4%@"(*+$%9)2'-$D;

CA%D):%-81"-@D%5-#"%-%@)2-*$%4:&%95)("%$)&%&)%'*9=%-%/"4%@"(*+$%9)2'-$D%4"A)1"%1"+*(&"1*$+%
*&B%D):%/*88%"#"$&:-88D%$""@%&)%')*$&%D):1%_SR!%("1#"1(`%)1%_R-2"("1#"1(`%&)%&5"%8)9-&*)$%)A%D):1%
/"4(*&";%

L-(*9-88D%('"-=*$+B%-%R-2"("1#"1%&1-$(8-&"(%-%@)2-*$%$-2"%&)%-%$:2"1*9%CF%-@@1"((;%M$%&5"%
C$&"1$"&B%$:2"1*9%CF%-@@1"(("(%-1"%/5"1"%/"4(*&"(%-1"%-9&:-88D%8)9-&"@;%I5:(B%D):%/*88%$""@%
&)%-((*+$%-%R-2"("1#"1%)1%CF%-@@1"((%A)1%D):1%@)2-*$%A)1%D):1%/"4(*&"%&)%4"%#*"/-48"%)$%&5"%
C$&"1$"&;

N%R-2"("1#"1%/*88%)A&"$%8))=%8*="%$(Z;D):15)(&;9)2B%$(X;D):15)(&;9)2B%-$@%()%)$;%U):1%/"4%
5)(&%)1%@"(*+$%9)2'-$D%(5):8@%'1)#*@"%D):%/*&5%&5*(%*$A)12-&*)$%:')$%1"V:"(&%)1%:')$%*$*&*-8%

(A*%"(@*$+&",%-(6&8BC(5*88(2,$+(*"(DEFGHFIGJHKH%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%5&&'6778-/9)$(:8(;9)2
11
(*+$%:';

M$9"%D):%5-#"%D):1%R-2"("1#"1%*$A)12-&*)$B%D):%/*88%$""@%&)%%-99"((%D):1%-99):$&%)$%
D):1%1"+*(&1-1[(%/"4(*&";%I5*(%2"-$(%D):%/*88%$""@%&)%8)+%*$&)%&5"*1%/"4(*&"%/*&5%D):1%-99):$&%
*$A)12-&*)$;

01)2%&5"1"B%D):%/*88%$""@%&)%-99"((%D):1%S)2-*$%K-$-+"2"$&%I))8(;%.))=%A)1%-%4:&&)$%&5-&%
(-D(%_S)2-*$%K-$-+"1`B%_K-$-+"%SR!`B%)1%_R-2"("1#"1(;`

P#"&(G(!*$9"%"#"1D%1"+*(&1-1%5-(%*&(%)/$%/-D%)A%@)*$+%&5*$+(B%&5"1"%*(%$)%+"$"1-8%/-D%&)%@)%
&5*(;%I5"%4"(&%/-D%&)%A*$@%):&%5)/%&)%("&%D):1%R-2"("1#"1(B%*(%&)%-99"((%D):1%1"+*(&1-1[(%
=$)/8"@+"%4-("%A1)2%&5"*1%/"4(*&"%-$@%A*$@%):&%5)/%&)%@)%*&%&5"1";

I5"%9)11"9&%'-+"%/*88%:(:-88D%5-#"%-%A)12%)$%*&%&5-&%/*88%8"&%D):%"$&"1%*$A)12-&*)$%(:95%
-(%_F1*2-1D%R-2"%!"1#"1`%-$@%_!"9)$@-D%R-2"("1#"1;`%I5"%A)12%2-D%-88)/%D):%&)%"$&"1%A):1%
)1%2)1"%(:95%R-2"("1#"1(B%4:&%+"$"1-88D%&/)%/*88%4"%"$):+5;%

Q$&"1%&5"%8)/"(&%$:24"1"@%$(%1"9)1@%&5-&%/-(%'1)#*@"@%&)%D):%*$%&5"%_F1*2-1D%R-2"%!"1#"1`%
A*"8@;%0)1%"?-2'8"B%*A%D):%/"1"%'1)#*@"@%$(Z;8-/9)$(:8(;9)2%4D%D):1%/"4%@"(*+$%9)2'-$DB%D):%
/*88%"$&"1%$(Z;8-/9)$(:8(;9)2%*$&)%&5"%_'1*2-1D%$-2"%("1#"1`%A)12%8)9-&*)$;%NA&"1%&5*(B%D):%/):8@%
"$&"1%$(X;8-/9)$(:8(;9)2%)1%/5-&"#"1%D):1%("9)$@%8)/"(&%$:24"1"@%$-2"("1#"1%/-(%*$&)%
&5"%_!"9)$@-1D%R-2"("1#"1`%A*"8@%8)9-&*)$;

S)$[&%/)11D%*A%D):%8"-#"%()2"%*$A)%48-$=%(*$9"%D):%/*88%+"$"1-88D%)$8D%$""@%&/)%R-2"("1#"1(%A)1%
&5"%(*&"%&)%/)1=;%

NA&"1%D):%(-#"%&5"%*$A)12-&*)$B%D):%2-D%4"%'1)#*@"@%/*&5%-%2"((-+"%(&-&*$+%*&%/*88%&-="%X^%&)%
^k%5):1(%A)1%&5"%95-$+"(%&)%'1)'-+-&"%&51):+5%&5"%C$&"1$"&;%I5*(%2"-$(%&5-&%*&%2-D%&-="%&/)%
@-D(%A)1%&5"%95-$+"%&)%&-="%A:88%"AA"9&;%C$%2D%"?'"1*"$9"B%5)/"#"1B%&5"%95-$+"%&-="(%'8-9"%2:95%
A-(&"1%&5-$%&5*(;

P#"&Y%!)2"&*2"(%*&%*(%$"9"((-1D%&)%')*$&%"2-*8(%&)%)$"%CF%-@@1"((%-$@%/"4%&1-AA*9%&)%-$)&5"1;%
CA%D):1%A*12%:("(%-%8)9-8%*$&1-$"&%-$@%1):&"(%"2-*8(%&51):+5%-%8)9-8%("1#"1B%D):1%A*12%2-D%
1"V:*1"%(:95%-%("&:';%CA%&5*(%*(%&5"%9-("B%D):%9-$%9)$(:8&%/*&5%D):1%CI%'")'8"%)1%5-#"%&5"2%
9)$(:8&%/*&5%D):1%/"4%@"#"8)'"1(%&)%A*$@%):&%/5-&%&D'"%)A%("&:'%/*88%4"%$"9"((-1D%A)1%D):1%
A*12;%

N"&B(H(G(V,$&(*([6#"#-$*B6&$

N(%D):%=$)/B%4"9)2*$+%-%8-/D"1%*(%*$91"@*48D%@*AA*9:8&;%R)&%)$8D%@)%D):%5-#"%&)%/)1=%&51):+5%
&51""%D"-1(%)A%(95))8B%D):%-8()%5-#"%&)%'-((%)$"%)A%&5"%5-1@"(&%"?-2(%"#"1%9)$9"*#"@;%S"('*&"%
-88%&5*(%5-1@%/)1=B%2-$D%8-/D"1(%-1"%(&*88%(5)1&95-$+*$+%&5"2("8#"(%/5"$%*&%9)2"(%&)%&5"*1%
/"4(*&"%'5)&)+1-'5D;

(A*%"(@*$+&",%-(6&8BC(5*88(2,$+(*"(DEFGHFIGJHKH%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%5&&'6778-/9)$(:8(;9)2
12
S)$[&%(5)1&95-$+"%D):1("8A;%C$(&"-@B%5*1"%-%1"-()$-48D%'1*9"@%'1)A"((*)$-8%'5)&)+1-'5"1%&)%&-="%
'5)&)(%)A%D):%-$@%D):1%)AA*9";

3*&5):&%'1)A"((*)$-8%'5)&)+1-'5D%&)%/)1=%/*&5B%-%/"4%@"(*+$"1%/*88%$)&%4"%-48"%&)%'1)#*@"%
D):%/*&5%&5"%-4()8:&"%4"(&%/"4(*&"%5"%)1%(5"%9-$%@"(*+$;%!)%@)$[&%(5)1&%95-$+"%D):1("8A;%CA%
D):1%+)*$+%&)%('"$@%2)$"D%)$%-%/"4(*&"B%2-="%&5"%2)(&%)A%&5"%*$#"(&2"$&%-$@%+"&%()2"%
'1)A"((*)$-8%'5)&)(%&-="$%A)1%*&;%%

P#"&G%%C&%*(%+"$"1-88D%-%+))@%*@"-%&)%+"&%-$%C$&"88"9&:-8%F1)'"1&D%1"8"-("%A1)2%D):1%
'5)&)+1-'5"1%&5-&%+*#"(%D):%&5"%1*+5&%&)%:("%&5"%'5)&)+1-'5(%D):%)1@"1"@%A)1%D):1%2-1="&*$+%
':1')("(%aa%*$98:@*$+%2)@*A*9-&*)$%1*+5&(;%N8&5):+5%(:95%-$%-+1""2"$&%2-D%4"%*2'8*"@B%*&%
*(%4"(&%&)%5-#"%D):1%:$@"1(&-$@*$+%*$%/1*&*$+;%N@@*&*)$-88DB%D):%(5):8@%9)$(*@"1%5-#*$+%-$D%
"2'8)D""(%/5)("%'5)&)(%2-D%4"%A"-&:1"@%)$%&5"%(*&"%(*+$%-%_1*+5&(%)A%':48*9*&D`%/-*#"1%*$%
9-("%&5"D%8"-#"%&5"%A*12%)$%4-@%&"12(;%

N"&B(I(G(A#$+(?,"6(R#/$(A&1(L&;,-%&$

C$%)1@"1%&)%+"&%&5"%4"(&%/"4%@"(*+$%A)1%D):1%'1-9&*9"B%D):%(5):8@%'8-$%&)%4"%-9&*#"8D%*$#)8#"@%*$%
&5"%@"(*+$%'1)9"((;%N8&5):+5%D):%@)$[&%/-$&%&)%2*91)2-$-+"%&5"%@"(*+$%)A%D):1%/"4(*&"B%D):%
(5):8@%)#"1(""%&5"%'1)G"9&%*&("8A%&)%"$(:1"%&5-&%D):%+"&%-%(*&"%&5-&%D):%-1"%9)2A)1&-48"%/*&5;

<$)/%&5-&%*&(%$)&%G:(&%-4):&%5)/%D):1%/"4(*&"%2-="(%D):%8))=B%*&[(%-8()%-4):&%5)/%*&%2-="(%
'")'8"%A""8%/5"$%&5"D%#*"/%*&;%>"1&-*$%@"(*+$(%9-$%91"-&"%9"1&-*$%A""8*$+(%l%&5-&%"$9):1-+"%
9"1&-*$%1"(')$("(;%K)1")#"1B%9)8)1%95)*9"%9-$%-8()%*$A8:"$9"%&5"%A""8*$+(%&5-&%-%/"4(*&"%
*$('*1"(;

Q#"1D&5*$+%A1)2%&D')+1-'5D%&)%'5)&)%("8"9&*)$%9-$%*$A8:"$9"%&5"%1"(')$("%)A%-%/"4(*&"%#*(*&)1%l%
"*&5"1%')(*&*#"8D%)1%$"+-&*#"8D;

F")'8"%/*88%G:@+"%D):%-$@%D):1%(*&"%4D%D):1%95)*9"%)A%8-D):&B%&5"%@"(*+$%)A%D):1%8)+)B%D):1%'5)&)%
("8"9&*)$B%D):1%(*&"[(%$-#*+-&*)$B%D):1%95)*9"%)A%/)1@(B%-$@%2-$D%)&5"1%A-9&)1(;

I5*(%*(%/5D%D):%$""@%&)%4"%("1*):(%-4):&%D):1%/"4(*&"%-$@%4"9)2"%-$%-9&*#"%'-1&%)A%*&(%
"#)8:&*)$;%

QAA"9&*#"%/"4%@"(*+$%*$#)8#"(%-%9)24*$-&*)$%)A%&-8"$&(B%*$98:@*$+6

! >8*"$&%>)22:$*9-&*)$
! 3"4%F-+"%S"(*+$
! 3"4(*&"%Q$+*$""1*$+
! >)'D/1*&"1
! T1-'5*9%N1&
! C$&"1$"&%K-1="&*$+
! C$&"1$"&%,(-+"

(A*%"(@*$+&",%-(6&8BC(5*88(2,$+(*"(DEFGHFIGJHKH%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%5&&'6778-/9)$(:8(;9)2
13
! F1)G"9&%K-$-+"2"$&
I-=*$+%&5"("%(=*88%("&(%*$&)%-99):$&B%2D%9)2'-$D%5-(%@"#"8)'"@%-%9)2'1"5"$(*#"%/"4%@"(*+$%
-''1)-95%A)1%):1%_9:(&)2`%@"(*+$%98*"$&(%&5-&%*$#)8#"(%&5"%A)88)/*$+%(&-+"(;%,$@"1(&-$@*$+%&5"%
(&-+"(%)A%&5*(%@"(*+$%'1)9"((%/*88%5"8'%D):%&)%:$@"1(&-$@%/5-&%D):%(5):8@%"?'"9&%/5"$%D):%
5-#"%D):1%(*&"%4:*8&%a%1"+-1@8"((%)A%/5)%D):%95))(";

N"*-&(=%&(G(!;;&;;@&%"(#U(5>M:PQ(3&</,$&@&%";
C$%&5"%A*1(&%(&-+"B%/"%9)22:$*9-&"%/*&5%&5"%>.CQRI%&)%@"&"12*$"%&5"%>.CQRI[(%1"V:*1"2"$&(;%
M$9"%>.CQRI%1"V:*1"2"$&(%5-#"%4""$%-(("(("@B%/"%1"("-195%&5"%&-1+"&%2-1="&%)A%&5"%
'1)')("@%/"4(*&"%A)1%*&(%$"9"((-1D%1"V:*1"2"$&(;%

N"*-&(Q?#(G([$#B#;*8(*%0(!-$&&@&%"
C$%&5"%("9)$@%(&-+"B%/"%'1"'-1"%-%S"&-*8"@%F1)')(-8%-$@%3"4%S"(*+$%N+1""2"$&%A)1%>.CQRI;%
I5"$%/"%-&&-*$%&5"%>.CQRI[(%9)$("$&%A)1%9)$(&1:9&*)$%)A%&5"%/"4(*&"%-$@%-$%*$*&*-8%9)$(&1:9&*)$%
'-D2"$&%/5*95%*(%:(:-88D%hYm%)A%&5"%"(&*2-&"@%@"(*+$%'1)G"9&;

N"*-&(Q6$&&(G(5#%;"$/7",#%(#U(A&1;,"&
H"1"%/"%/*88%9)$(&1:9&%>.CQRI%/"4(*&"%-99)1@*$+%&)%2"&5)@)8)+D%):&8*$"@%*$%&5"%F1)')(-8%-$@%
&5"%&"12(%)A%&5"%3"4%S"(*+$%N+1""2"$&;%3"%/*88%9)11"(')$@%1"+:8-18D%/*&5%&5"%>.CQRI%@:1*$+%
&5*(%'"1*)@%&)%"$(:1"%>.CQRI%(-&*(A-9&*)$%-$@%&)%"$(:1"%&5"%'1)G"9&%*(%5"-@*$+%*$%-%@*1"9&*)$%&5"%
>.CQRI%-''1)#"(;%

N"*-&(O#/$(G(O,%*8(!BB$#W*8;
C$%&5"%A):1&5%(&-+"B%/"%-&&-*$%&5"%>.CQRI[(%A*$-8%-''1)#-8%'1*)1%&)%2-=*$+%&5"%(*&"%':48*98D%
-#-*8-48"%)$%&5"%C$&"1$"&;%NA&"1%&5"%98*"$&%-''1)#"(%&5"%(*&"B%/"%1"9"*#"%&5"%A*$-8%9)$(&1:9&*)$%
'-D2"$&%-$@%2-="%&5"%(*&"%':48*98D%-99"((*48"%)$%&5"%C$&"1$"&;

N"*-&(O,W&(G()*,%"&%*%7&(#U(A&1;,"&(*%0(M%,",*8(N&*$76()*$+&",%-
.-/>)$(:8(%')/"1"@%/"4(*&"(%1"V:*1"%1):&*$"%2-*$&"$-$9"%A)1%)'&*2-8%'"1A)12-$9";%I5:(B%
.-/>)$(:8(%-8/-D(%1"9)22"$@(%-%4-(*9%2-*$&"$-$9"%-+1""2"$&%A)1%&5"%':1')("%)A%2-$-+*$+%
&5"%/"4(*&";%

N@@*&*)$-88DB%(&"'(%$""@%&)%4"%&-="$%&)%"$(:1"%&5"%'1)'"1%8-:$95%)A%&5"%/"4(*&";%!:95%(&"'(%/*88%
*$98:@"%1"+*(&"1*$+%&5"%(*&"%/*&5%T))+8"%3"42-(&"1%I))8(%-$@%N$-8D&*9(%-(%/"88%-(%(:42*((*)$%
)A%&5"%(*&"%&)%2-G)1%("-195%"$+*$"(;%S:"%&)%&5"%*2')1&-$9"%)A%*$*&*-8%("-195%2-1="&*$+%&-(=(%&)%
&5"%(:99"((%)A%&5"%/"4(*&"B%&5"("%9)(&(%-1"%*$98:@"@%4D%.-/>)$(:8(%*$%&5"%*$*&*-8%@"(*+$%'1)G"9&%
4D%@"A-:8&;

M";(!(A#$+,%-(3&8*",#%;6,B

P"+-1@8"((%)A%/5)%D):%95))("%A)1%D):1%/"4%@"(*+$%'1)G"9&B%*&%*(%*2')1&-$&%&5-&%D):%5-#"%-%
+))@%/)1=*$+%1"8-&*)$(5*'%/*&5%&5"2;%I5"1"%-1"%2-$D%&5*$+(%*$#)8#"@%/*&5%4:*8@*$+%-%/"4(*&"%
4"9-:("%)A%*&(%91"-&*#"%9)2')$"$&%-$@%D):%/*88%$""@%&)%4"%98"-1%*$%D):1%9)22:$*9-&*)$(%/*&5%
D):1%@"(*+$"1%&)%-#)*@%-$D%2*(:$@"1(&-$@*$+(;%

(A*%"(@*$+&",%-(6&8BC(5*88(2,$+(*"(DEFGHFIGJHKH%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%5&&'6778-/9)$(:8(;9)2
14
,$@"1(&-$@%&5-&%&5"%/"4(*&"%D):%:8&*2-&"8D%1"9"*#"%/*88%4"%&5"%1"(:8&%)A%&5"%95)*9"(%D):%2-@"%
-8)$+%&5"%/-D%aa%*$98:@*$+%/5)%D):%95)("%&)%@"(*+$%*&;

N"&B(D(G()*$+&"(R#/$(A&1;,"&

CA%D):%/-$&%D):1%(*&"%&)%9)$&1*4:&"%&)%&5"%4)&&)2%8*$"B%D):%/*88%$""@%&)%8"&%&5"%/)18@%=$)/%&5-&%*&%
"?*(&(;%

I)%('""@%:'%*$@"?*$+%)A%D):1%(*&"%()%&5-&%*(%(&-1&(%(5)/*$+%:'%*$%("-195%1"(:8&(B%2-="%(:1"%D):1%
/"42-(&"1%1"+*(&"1(%D):1%(*&"%/*&5%T))+8"%3"42-(&"1%I))8(%-&%-%2*$*2:2;%<$)/%&5-&%T))+8"%
3"42-(&"1%I))8(%*(%V:*&"%"-(D%&)%("&:'B%-$@%&5"%("1#*9"%*(%9:11"$&8D%A1""%&)%:("%d&5):+5%D):1%
/"42-(&"1%2-D%95-1+"%D):%A)1%5*(%&*2"e;

H"1"%-1"%-%A"/%91"-&*#"%/-D(%&)%'1)2)&"%-%@)2-*$%)$8*$"%-$@%)AA6

Z; F:&%D):1%@)2-*$%)$%D):1%4:(*$"((%9-1@(;
X; F:&%D):1%@)2-*$%)$%-88%D):1%2-1="&*$+%2-&"1*-8(%dU"88)/%F-+"(%N@B%"&9;e;
]; F:&%-%8*$=%4-9=%&)%D):1%(*&"%)$%D):1%.*$="@C$%'1)A*8"%j%5-#"%D):1%"2'8)D""(%@)%&5"%(-2";
^; ,("%-%@)2-*$%4-("@%"2-*8%%A)1%-88%D):1%4:(*$"((%9)22:$*9-&*)$(%d*;";%
D):1$-2"\D):1@)2-*$;9)2e;
h; F:&%D):1%@)2-*$%)$%'1"("$&-&*)$%(8*@"(%-$@%-1&*98"(%D):%/1*&";
n; F:&%D):1%@)2-*$%)$%-%$*9"%8))=*$+%Ia!5*1&%&5-&%A"-&:1"(%D):1%8)+)%-$@%5*+58*+5&(%D):1%
'1*2-1D%'1-9&*9"%-1"-(%aa%-$@%&5"$%/5"1"%*&%*$%':48*9%d4-14"9:"(B%8*&&8"%8"-+:"%+-2"(B%-&%
&5"%+D2B%/-8=*$+%@)/$%&5"%(&1""&B%-&%&5"%A8"-%2-1="&B%"&9;e;
o; F:&%D):1%@)2-*$%)$%-%$*9"%8))=*$+%5-&%)1%#*()1%-$@%&5"$%/5"1"%*&%/5"1"%-''1)'1*-&";
k; S"#"8)'%-%$*9"%8))=*$+%4:2'"1%(&*9="1%/*&5%D):1%@)2-*$%)$%*&;
p; ."-#"%*$&"1"(&*$+%9)22"$&(%)$%48)+(%)1%48-/+(%d:(:-88D%&5"1"%*(%-%'8-9"%&)%':&%-$@%
A"-&:1"%D):1%@)2-*$%-@@1"((%*$%&5"%9)22"$&%A)12e;
ZY; >1"-&"%-%U):I:4"%#*@")%/*&5%D):1%@)2-*$%*$%*&;
ZZ; ,("%9)22:&"1%(*+$-+"%)$%4:("(B%(:4/-D(B%-$@%&1-$(')1&-&*)$%5:4(%&)%A"-&:1"%D):1%
/"4(*&"%,P.;
ZX; >1"-&"%-%')@9-(&%-$@%2"$&*)$%D):1%@)2-*$%*$%*&;
Z]; !:42*&%D):1%(*&"%&)%("#"1-8%C$&"1$"&%4:(*$"((%@*1"9&)1*"(;
Z^; !:42*&%-%'1"((%1"8"-("%&)%&5"%'1%/"4%-$@%2"$&*)$%D):1%@)2-*$%*$%*&;

I5"1"%-1"%2-$D%/-D(%D):%9-$%'1)2)&"%D):1%@)2-*$;%!)2"%2"&5)@(%2*+5&%$)&%4"%1*+5&%A)1%
D):1%G:1*(@*9&*)$%)1%'1-9&*9"%-1"-B%()%G:(&%4"%9-1"A:8%&)%(&-D%/*&5*$%D):1%"&5*9-8%4):$@-1*"(%/5"$%
2-1="&*$+%D):1("8A;

3&U&$$*8;(!$&(N",88("6&(T&;"(A*'("#(T/,80(*(T/;,%&;;9(
T/"(L#%X"(O#$-&"("6&(A&1

N8&5):+5%C%-2%-%4*+%4"8*"#"1%*$%C$&"1$"&%K-1="&*$+B%C%(&*88%4"8*"#"%&5-&%)$"%)A%&5"%4"(&%/-D(%&)%
4:*8@%-%8-/%'1-9&*9"%*(%4D%5-#*$+%-%+))@%_1"A"11-8%(D(&"2`%*$%'8-9";%C$%A-9&B%()2"%)A%D):%2-D%

(A*%"(@*$+&",%-(6&8BC(5*88(2,$+(*"(DEFGHFIGJHKH%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%5&&'6778-/9)$(:8(;9)2
15
5-#"%@"#"8)'"@%-%+))@%'1-9&*9"%4D%1"A"11-8(%-8)$";%I5"%*2')1&-$&%&5*$+%&)%1"2"24"1%&5):+5%*(%
&5-&%')&"$&*-8%1"A"11-8(%/*88%'1)4-48D%T))+8"%D):;%I5:(B%D):%2:(&%5-#"%-%/"4%'1"("$9";%CA%D):%
@)$[&%5-#"%-%/"4%'1"("$9"%*$%&)@-D[(%/)18@B%*&(%-82)(&%8*="%D):1%'1-9&*9"%@)"($[&%"#"$%"?*(&;%%%

C%5*+58D%1"9)22"$@%&5-&%D):%2)$*&)1%/5-&%&5"%/"4%-$@%("-195%"$+*$"(%-1"%(-D*$+%-4):&%D):%
-$@%D):1%'1-9&*9";%C&%*(%V:*&"%"-(D%&)%("&:'%-%T))+8"%N8"1&%&)%2)$*&)1%&5*(%-$@%D):%9-$%@)%*&%4D%
(*2'8D%91"-&*$+%-%A1""%T))+8"%-99):$&;%LD%("&&*$+%:'%-%T))+8"%N8"1&B%D):%/*88%4"%-48"%&)%2)$*&)1%
T))+8"[(%*$@"?%A)1%$"/%*$A)12-&*)$%-4):&%D):%-$@%D):1%'1-9&*9";%I)%8"-1$%2)1"B%+)%&)6%5&&'677
///;+))+8";9)27-8"1&(
%
5#%78/;,#%(G(T/"(P#"(3&*88'
!)%$)/%D):[#"%1"-@6%!"#"$%!&"'(%&)%!"&&*$+%,'%-%.-/%0*12%3"4(*&";%I5"%$"?&%(&"'%*(%&)%+"&%
(&-1&"@%)$%D):1%G):1$"D%&)/-1@(%("&&*$+%:'%D):1%/"4(*&"%-$@%2-=*$+%D):1%8-/%'1-9&*9"%2)1"%
'1)('"1):(;%

P"2"24"1%&5*(B%-%/"4(*&"%9-$%4"%&5"%2)(&%-AA)1@-48"%-$@%')/"1A:8%2-1="&*$+%&))8%-&%D):1%
@*(')(-8B%4:&%*&%/*88%)$8D%4"%-(%+))@%-(%/5-&%D):%':&%*$&)%*&;

I5-$=(%A)1%P"-@*$+q

L"(&%P"+-1@(B

<*1=%P%>5)95)8"=
.-/>)$(:8(%!)8:&*)$(B%C$9;

L#(R#/(A*%"(*%(M%&`B&%;,W&(R&"([#?&$U/8(A&1;,"&C
>*?5#%;/8;47#@(7*%(6&8Ba

>)$&-9&%.-/>)$(:8(%!)8:&*)$(%&)@-D%&)%1"V:"(&%-%A1""%Zh%2*$:&"%*$*&*-8%/"4%@"(*+$%9)$(:8&-&*)$;%
I5"1"%*(%-4()8:&"8D%$)%)48*+-&*)$%&)%5*1"%.-/>)$(:8(;9)2%A)1%D):1%'1)G"9&%aa%-$@%/"%'1)2*("%$)&%
&)%5):$@%D):%A)1%-%(-8";

CA%D):%-1"%1"-@D%&)%+"&%)$8*$"%&)@-DB%/"%-1"%1"-@D%&)%5"8';%P"V:"(&%-%9)$(:8&-&*)$%#*-%):1%
/"4(*&"%)1%(*2'8D%9)$&-9&%:(%4D%'5)$"%)1%"2-*8%&)%(&-1&%&5"%'1)9"((;

>*?5#%;/8;(5*%(.&"(R#/(=%8,%&

>-88%<*1=%-&%oYkahknaphZh
9)$&-9&\8-/9)$(:8(;9)2

%;%

(A*%"(@*$+&",%-(6&8BC(5*88(2,$+(*"(DEFGHFIGJHKH%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%5&&'6778-/9)$(:8(;9)2
16

También podría gustarte