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JMIRKG + ]LJ + JF + (MFGK + IRJOJ + QTH + FG + HGWYO9 + MRO + JKaGHXT9 + OT + ROUFROG + GF + QJOMGKRJOIT + RMFNKRUT + GF
HGURTOGFRMKT9+PG+]LJ+OT+JM+UTOMRSJHGSG+UTKT+FT+KNM+JFJbGST9+MROT+UTKT+LO+MRKQFJ+KJSRGSTH+JOIHJ
FT+VLKGOT+P+FT+SRbROTZ+JF+`LJXT+[2/,31#,("4\+SJ+FG+HGWYO9+FJ`TM+SJ+FRKRIGH+JF+GFKG+KLMLFKGOG9+FJ
VGHN+QTH+ JF+UTOIHGHRT+QHJMJOIRH+ QTMRaRFRSGSJM+RFRKRIGSGM9+SJ+STOSJ+ aHTIGO+ITSGM +FGM+^LJOIJM+SJ+FG
OTMIGFXRG+P+SJF+GHHTaGKRJOITE+
&VTHG+aRJO9+FT+]LJ+]LJSG+SJF+GHIJ+ULGOST+MJ+JFRKROGO+FTM+GMQJUITM+[)"13)",\+P+[4O")"4\+JM+FG
[-1)4(,)"73\ + T + JF + [4(3,H13#4\9 + ]LJ + OT + HJ]LRJHJ + SJ + OROXLOG + `LMIR^RUGURYO + QGHIRULFGH9 + GF + MJH
UTOMRSJHGST+UTKT+GFXT+JMQTOINOJT9+JbRSJOIJ+P+QTQLFGHE+&+JMIJ+HJMQJUIT9+JF+(MFGK+`GKNM+VG+UG_ST+JO
JF + QLHRIGORMKT9 + QLJM9 + MR + aRJO + JM + bJHSGS + ]LJ + JMIG + IHGSRURYO + RKQFRUG + LO + GMQJUIT + ^LOSGKJOIGF + SJ
[24F(1J,\+P+SJ+[%"H2/")"-,-\9+FG+aJFFJWG+MRJKQHJ+^LJ+JMIRKGSG+UTKT+LO+STO+SJ+)RTMZ+^LJ+JF+QHTQRT
2HT^JIG+JF+QHRKJHT+]LJ+SRT+J`JKQFT+SJ+JMIG+GFRGOWG+GHKTORTMG+JOIHJ+FT+MRKQFJ+P+FT+aJFFT9+GFRGOWG+]LJ
SJIJHKROG+JO+GKQFRG+KJSRSG+ITST+JF+GHIJ+KLMLFKNO9+P9+]LRWN+SJ+FG+KGOJHG+KNM+OTIGaFJ9+FTM+STM+GHIJM
GH]LRIJUIYORUT+P+IJdIRFE+.TST+FT+]LJ+MJ+JdRXJ+SJF+GHIJ+SJUTHGIRbT+JM+]LJ+IJOXG+LO+GMQJUIT+QHJURTMT9
HRUT+P+SJFRURTMT9+MRO+QTH+JFFT+IHGRURTOGH+LOG+URJHIG+KTOTITO_G+GaMIHGUIG+UGHGUIJH_MIRUG+SJF+(MFGKZ+P9
UTKT+JF+(MFGK+SJMGQHLJaG+FGM+RKNXJOJM9+JF+HRIKT+SJF+THOGKJOIT+MJHN+ML+QHROURQGF+KJSRT+SJUTHGIRbTE
#F + GHIJ + SJ + FTM + OYKGSGM + UGHJUJ + SJ + RKNXJOJM9 + JO + URJHIT + KTST + QTH + OGILHGFJWGZ+ OT + MJ + SRHRXJ + G + FG
SJKGHUGURYO+P+G+FG+^RXLHGURYO9+MROT+GF+HRIKT+P+G+FG+GaMIHGUURYOE>j+#F+QHJSTKRORT+SJF+XLMIT+OYKGSG
JMIN+HJFGURTOGST+UTO+FG+GUIRILS+JMQRHRILGF+SJF+(MFGK9+]LJ+OT+UJMG+SJ+QHTUFGKGH+JF+UGHNUIJH+IHGOMRITHRT
SJ + FGM + UTMGM + SJ + JMIJ + KLOST9 + P + ULPGM + ROMIRILURTOJM + FRIsHXRUGM + P + MTURGFJM + JMINO + UGMR + ITIGFKJOIJ
SJMQHTbRMIGM + SJ + JFJKJOITM + MJSJOIGHRTM! + OT + VGP9+ GQGHIJ + SJ + FG + THRJOIGURYO + HRILGF + VGURG + 'G+ /JUG9
OROXLOG+SJIJHKROGURYO+FTUGF+SJF+ULFIT9+P+IGKQTUT+`JHGH]L_G+MGUJHSTIGFZ+ITST+KLMLFKNO+JM+JO+ITSGM
QGHIJM+LO+bRG`JHT+JO+JF+SJMRJHIT+P+ML+QHTQRT+MGUJHSTIJE+
#F+VJUVT+SJ+]LJ+JF+QHT^JIG+GSTHOGHG+ML+VGaRIGURYO+UTO+IJ`RSTM+JM+MRXOR^RUGIRbT+QGHG+JF+THRXJO
SJF+GHIJ+SJUTHGIRbT+SJF+(MFGKE+#O+FG+IRJOSG9+FTM+IJ`RSTM+P+FGM+GHKGM+MTO+bJHSGSJHTM+Ta`JITM+SJ+GHIJE+'G
IJ`JSLH_G+QHYdRKT=THRJOIGF9+]LJ+HJQRIJ+KTIRbTM+KJMTQTINKRUTM+SJ+GOIRX|JSGS+ROKJKTHRGF+UTO+LOG
MRKQFRURSGS+OYKGSG+J+ROIJKQTHGF9+QJOJIHG+JO+#LHTQG+UTO+FG+URbRFRWGURYO+RMFNKRUGE>@+'G+IcUORUG+SJF
IJ`RST9+aGMGSG+JO+FG+HJQJIRURYO+ROSJ^RORSG+SJ+LO+KRMKT+KTIRbT9+JF+MJOIRST+SJF+HRIKT+SJ+FTM+OYKGSGM
P9+^ROGFKJOIJ9+FG+QHJSRFJUURYO+QTH+JF+OsKJHT+P+FG+XJTKJIH_G9+KLP+UGHGUIJH_MIRUG+QTH+FT+SJKNM+SJ+FG
KJOIGFRSGS+KLMLFKGOG9+P+JFFT+SJ+GULJHST+UTO+FG+RSJG+^LOSGKJOIGF+SJ+FG+0ORSGS9+MTO+FGM+IHJM+HG_UJM
SJF+GHIJ+SJUTHGIRbT+SJ+FTM+KLMLFKGOJME+#O+ULGOIT+G+FGM+^RXLHGM+GHKTHRGFJM+SJ+GORKGFJM>m+P+SJ+^THKGM
HGWYOE+#O+FTM+HGMx{RF+RuVpxO+GM=MG^x+eLOG+HJUTQRFGURYO+SJ+UGHIGM+STUIHROGFJMf+MJ+SRUJ9+G+QHTQYMRIT+SJF+MRXOR^RUGST+SJ
FGM + URJOURGM + KGIJKNIRUGM9+ ]LJ + cMIGM + SJKLJMIHGO+ UYKT + JF + JMQ_HRIL+ FRaHJ + RO^FLPJ+ MTaHJ + JF + GFKG + FRXGSG + GF + ULJHQT!
[A43%"-1(,3-4&/,&H,31(,&13&K$1&/4%&%13#"-4%&,%"H"/,3&%$%&4FM1#4%T&%1&(1)434)1&/,&O4(H,&13&K$1&1/&,/H,&%12,(,-,
-1/&)$1(24&,)#V,&%4F(1&1/&,/H,&5"3)$/,-,&,/&)$1(24&13&1/&H$3-4&-1&/,&N131(,)"73&G&-1&/,&)4(($2)"73W&6,&)"13)",&-1
/,%&H,#1HX#"),%&1%2"("#$,/1%&4O(1)1&,%E&,&/4%&)43#1H2/,#"54%&$3,&5E,&K$1&)43-$)1&,/&)434)"H"13#4&-1/&,/H,T&%"&:"4%
,G$-,&G&-"("N1\E
>g #M + JMIT + FT + ]LJ + QJHKRIJ + UTKQHJOSJH + FG + QGHIRULFGH + G^RORSGS + JdRMIJOIJ + JOIHJ + FG + QJHMQJUIRbG + RMFNKRUG + P + JF + GHIJ
GH]LRIJUIYORUT!+GM_9+JF+(MFGK+VG+RKQHJMT9+G+FG+GH]LRIJUILHG+SJ+FG+]LJ+MJ+VG+VJUVT+VJHJSJHT+QTH+MLM+UTO]LRMIGM9+LOG
^THKG+JMQJU_^RUGKJOIJ+[)("%#,/"3,\9+JM+SJURH9+JKROJOIJKJOIJ+[H,#1HX#"),\+P+[1%#X#"),\E
>j 7JH +%JOc+"LcOTO9+3G}O+JI+&aJF9+JO+JF+7TRFJ+S{RMRM9+JOJHT+SJ +>?jg9 +P+.RILM+-LHUuVGHSI9+'J+^TFuFTHJ+SGOM+F{GHI
THOGKJOIGFE
>@ 2GHJUJ+]LJ+JF+bJHSGSJHT+IGQRW+OYKGSG+OT+JM+JF+IGQRW+IJkRST9+MROT+JF+IGQRW+GOLSGSTZ+MRO+JKaGHXT9+ITST+IGQRW+QLJSJ
MJHbRH+SJ+[H$1F/1\+JO+FG+IRJOSG+SJF+OYKGSGE
>m 'TM+aFGMTOJM+UTO+^RXLHGM+SJ+GORKGFJM+QGHJUJO+IJOJH+LO+STaFJ+THRXJO!+QTH+LO+FGST9+MJ+HJKTOIGO+G+LO+JKaFJKG+SJ+IHRaL
]LJ+JO+sFIRKT+GONFRMRM+UTHHJMQTOSJ+GF+IYIJKZ+QTH+TIHT9+JMINO+FRXGSTM+G+FG+IHGSRURYO+VJHKcIRUG9+]LJ+MJ+MRHbJ+SJ+FGM
GOIRXLGM+^RXLHGURTOJM+KJMTQTINKRUGME+#M+QTMRaFJ+]LJ+GKaGM+UTHHRJOIJM+MJ+VGPGO+UTKaROGST+JO+&MRG+/JOTHZ+GsO+GM_9
aRJO+QTSH_G+IHGIGHMJ+SJ+LO+SJQYMRIT+^TFuFYHRUT9+HJGORKGST+QTH+FG+ROIJHbJOURYO+SJ+LO+JMTIJHRMKTE

=+@+=
&&
!"#$%&'$()*+,(-#&&
&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&./&0(#1&-1%-1&1/&2$3#4&-1&5"%#,&-1&6,&!(,-")"73&81(1331&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
&&

bJXJIGFJM+~RKNXJOJM+QJHKRIRSGM9+MJKR=GaMIHGUIGM9+]LJ+JF+(MFGK+HJUTXJ+UTO+JF+IJ`RST=+T^HJUJO+G+ML+bJW
LO+QLOIT+SJ+QGHIRSG+GF+MRKaTFRMKT+JMTIcHRUTE+
/LP+MRXOR^RUGIRbT+JM+JF+QGQJF+QHJSTKROGOIJ+SJ+FG+JMUHRILHG+SJUTHGIRbG9+]LJ+QJHKRIJ+HJMLKRH+FTM
SRbJHMTM+QLOITM+SJ+bRMIG+P+FGM+OTURTOJM+SJ+FGM+]LJ+VJKTM+VGaFGSTE+'G+KTSLFGURYO+UTHHJUIG+SJ+FG
JMUHRILHG+SJQJOSJ+SJ+FG+UGFRXHG^_G9+URJOURG+]LJ+^R`G+FG+^THKG+P+FGM+HJFGURTOJM+HJU_QHTUGM+SJ+FGM+FJIHGM+P
FGM+M_FGaGM9+P+ULPG+FJP+GHI_MIRUG+JM+HRIKT+QLHT9+LO+HRIKT+]LJ+JbTFLURTOG+UTO+LOG+FRaJHIGS+]LJ+OROXLOG
TIHG+JMUHRILHG+ITFJHGE+3TO+FG+JMUHRILHG+MJ+KJWUFG9+OT+MRO+ROIJOURYO+MRKaYFRUG9+JF+THOGKJOIT+bJXJIGFZ+PG
MJGO + WGHURFFTM + ]LJ + MJ + JOHTMUGO + JO + ^RFGKJOITM + TOSLFGSTM + IHGM + FTM + IHGWTM + SJ + FGM + KNM + GOIRXLGM
ROMUHRQURTOJM+SJ+FGM+HJXRTOJM+THRJOIGFJM+SJF+(MFGK9+PG+FGM+QHTQRGM+FJIHGM+IHGOM^THKGSGM+JO+GHGaJMUTM
bJXJIGFJMZ+GKaTM+UGMTM+MJ+HJ^RJHJO+G+FG+UTOJdRYO+MRKaYFRUG9+GIJMIRXLGSG+QTH+SRMIROIGM+IHGSRURTOJM9+SJF
'RaHT+MGXHGST+P+SJF+1HaTF+SJF+KLOSTE+#O+^RO9+SJMSJ+JF+QLOIT+SJ+bRMIG+RMFNKRUT9+FG+RKQTHIGOURG+SJ+FG
JMUHRILHG+JMIN+FRXGSG+GF+VJUVT+SJ+]LJ+FG+QGFGaHG+JM+JF+bJV_ULFT+KNM+SRHJUIT+SJF+JMQ_HRILE>t+ #F+NHGaJ
QHJRMFNKRUT+PG+GIHRaL_G+JF+KNM+GFIT+bGFTH+G+FG+QGFGaHG+P+GF+FJOXLG`JZ+FG+STUIHROG+RMFNKRUG+bJ+JO+FG
QGFGaHG+UTHNORUG+FG+JdQHJMRYO+KRMKG+SJF+#MQ_HRIL+SJ+)RTM+e*,/"H,#$&6/P+f9+P+bJOJHG+ML+^THKG+JMUHRIG
UTKT+JF+ULJHQT+SJF+7JHaTE>A
)JMUHRaRJOST+GM_+FG+KGOJHG+JO+]LJ+JF+(MFGK+UTOMRSJHG+JF+GHIJ9+VJKTM+JMaTWGST+LOG+JMQJURJ+SJ+[
2%")4/4NE,\+SJF+GHIJ+KLMLFKNO9+IGF+UTKT+QTH+FT+SJKNM+GQGHJUJ+JO+UGMR+ITSTM+FTM+STKRORTM+SJ+JMIG
URbRFRWGURYOZ + JM + RKQTHIGOIJ9 + MRO + JKaGHXT9 + UTKQHJOSJH + ]LJ + LOG + QMRUTFTX_G + [)1((,-,\9+ JM + SJURH9
GHaRIHGHRGKJOIJ + FRKRIGSG + G + FGM + KTSGFRSGSJM + ROSRbRSLGFJM + SJF + [,/H,\9 + JM + GFXT + SJMUTOTURST + J
RKQTMRaFJ+JO+JF+(MFGKE+3TO+JFFT9+OT+MTFGKJOIJ+]LJHJKTM+SJURH+]LJ+JF+Ta`JIT+SJ+OLJMIHT+JMILSRT9+JF
GHIJ+KLMLFKNO9+MJ+aGMG+JO+HJGFRSGSJM+Ta`JIRbGM9+UTOUHJIGM9+QHNUIRUGM9+JO+FGM+]LJ+VGFFG+UTOSRURTOJM
MTURGFJM+P+IcUORUGM+QHJURMGM9+MROT+MTaHJ+ITST+]LJ+FGM+RSJGM+JMQRHRILGFJM+]LJ+MLMURIGO+FG+GUIRbRSGS
GHI_MIRUG+ MLQJHGO+MRJKQHJ+JF +UGKQT+SJ+FGM +UTOSRURTOJM+ROSRbRSLGFJME+#F+ KLMLFKNO+QJHURaJ+JO+FT
HGWTOGaFJ+FT+IHGMUJOSJOIJ9+P+FGM+QHTQRGM+bRaHGURTOJM+QM_]LRUGM9+]LJ9+UTOMURJOIJ+T+ROUTOMURJOIJKJOIJ9
GORKGO + G + FGM + ^GULFIGSJM + SJF + GHIJMGOT9 + JMINO + HJXRSGM + QTH + LOG + RO^FLJOURG + JMQRHRILGF + SJ + FG + ]LJ + LO
TaMJHbGSTH+JdIJHRTH+OT+QTSH_G+HJUTOTUJH+FG+J^RUGURGE+hLRWN+MJG+QTMRaFJ+^THKGHMJ+LOG+RSJG+SJ+JFFT+UTO
FG +HJQHJMJOIGURYO+SJ + UYKT+ JF+ HRIKT +SJ + FTM+ HRITM +UTIRSRGOTM9 +SJ + ^THKGM+ QHJURMGM+ P+ UTObROUJOIJM9
QJOJIHG+THXNORUGKJOIJ+JO+FG+bRSG+SJF+KLMLFKNO+P+FJ+RKQHRKJ+LOG+FJP+SJ+FGM+^THKGM+ULPTM+J^JUITM
HJQJHULIJO+JO+FGM+KNM+FJ`GOGM+THRFFGM+SJF+MJH+VLKGOTE

>t 'GM+SRbJHMGM+UTHHRJOIJM+SJ+FG+IJTFTX_G+KLMLFKGOG+VGFFGO+ML+SJOTKROGURYO+JO+FTM+JMIRFTM+SJ+FG+JMUHRILHGE
>A 'GM+ SRMQLIGM + GUJHUG + SJ + FG + OGILHGFJWG+ UHJGSG + T + ROUHJGSG + SJF + 3THNO+ UTHHJMQTOSJO + JdGUIGKJOIJ+ G + FGM+ SRMULMRTOJM
STXKNIRUGM+MTaHJ+FGM+STM+OGILHGFJWGM+SJ+3HRMITE

=+m+=
&&
!"#$%&'$()*+,(-#&&
&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&./&0(#1&-1%-1&1/&2$3#4&-1&5"%#,&-1&6,&!(,-")"73&81(1331&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
&&

!/6789:;)+

6?@>!@6@;B)F)DG8;A;B)A=:)/?8=)8?/A@!@;>/:

&%.<30',+20-'(3&),+,%("($&'/#$.#+#$+5.0)#*+.%&)(.(,$$#''#*9+#$#%,=v#-%#%,+)#+>?@A9

4+2,*.#%(,%/#$.#+($3'0(),+#$+&2#%B0*+*0%+'&+3,$$&(**&$3#+*&3%5#9+/('&$,9+&%3:C9+>?DAE

#O+ FGM + UTOMRSJHGURTOJM+]LJ+MJXLRHNO9+QGHIRKTM+SJ+ FG+ RSJG + ^LOSGKJOIGF+SJ+]LJ+ ITST +T^RURT


QLJSJ+MJH+JF+MTQTHIJ+SJ+LOG+HJGFRWGURYO+JMQRHRILGF9+P+JFFT+XHGURGM+G+ML+MRKaTFRMKT9+]LJ+HJ^FJ`G9+JO+JF
QFGOT + IJHHJMIHJ9 + LOG + ^LOURYO + LORbJHMGF + SJIJHKROGSGZ + JO + TIHGM + QGFGaHGM9 + JF + GHIJ + T + JF + T^RURT + =]LJ
IHGSRURTOGFKJOIJ+OT+MTO+MROT+LOT=+SJaJ+MRKaYFRUGKJOIJ+UTHHJMQTOSJH+G+LOG+GUIRbRSGS+SRbROG9+P+QTH
JFFT + KRMKT +MJ+ bROULFG+ UTO + JF + NOXJF + ]LJ+ JM+ ML + GXJOIJ + UYMKRUT9+ FT +ULGF +MJ+ VGFFG+ JdQF_URIGKJOIJ
^THKLFGST+JO+JF+MRXLRJOIJ+QGMG`J+SJF+&RIGHJPG=-HxVKGOG!>D+[.%&24(&/,&"H"#,)"73&-1&/,%&4F(,%&-1&,(#1
,3NY/"),%Z[&K$1&#4-,&4F(,&-1&,(#1&%1&)$H2/1&,K$E&,F,M4T&G,&%1&#(,#1&-1&$3&1/1O,3#1&-1&F,((4&)4)"-4T
-1&$3&4FM1#4&-1&F(43)1&4&-1&4(4T&-1&$3&51%#"-4&4&-1&$3&),((4&-1&H$/,%\E+.TST+T^RURT+IHGSRURTOGF
HJ^FJ`G+JOITOUJM9+MJXsO+LO+KTST+QGHIRULFGH9+FG+QHTSLUURYO+SJF+KLOST9+P+JM+QHJURMGKJOIJ+JO+bRHILS+SJ
JMIG+GOGFTX_G+JOIHJ+JF+QHTUJMT+UTMKTXYORUT+P+FG+GQJHILHG+JMQRHRILGF+=]LJ+OJUJMGHRGKJOIJ+MJ+ROUTHQTHG
G+LOG+[%$F%#,3)",\+KRUHTUYMKRUG=+]LJ+JF+GHIJ+T+JF+T^RURT+MJ+QHJMIG9+QTH+GM_+SJURH9+KLP+OGILHGFKJOIJ9
G+MJHbRH+SJ+bJV_ULFT+GF+IHGaG`T+RORURNIRUTE
)JaJKTM+G]L_+QHJbJORH+LO+JHHTH+SJaRST+G+LOG+^GFMG+XJOJHGFRWGURYO!+MR+aRJO+JM+URJHIT+]LJ+ITSG
GUIRbRSGS+IJHHJMIHJ9+MJG+ULGF+MJG9+IRJOJ+ML+HGWYO+SJ+MJH+JO+JF+UTHHJMQTOSRJOIJ+QHTITIRQT+LORbJHMGF9+P
]LJ+OGSG+QTSH_G+JMIGH+MJQGHGST+SJ+ML+QHROURQRT+IHGMUJOSJOIJ+=P9+aG`T+JMIJ+GMQJUIT9+ITSG+TaHG+VLKGOG
MJ + QHJMJOIG+ ^THWTMGKJOIJ+ UTKT + LO+ HJ^FJ`T+ KRUHTUYMKRUT + SJ+ FG + QHTSLUURYO + SJF + KLOST=9+ VGP+ OT
TaMIGOIJ+LOG+SR^JHJOURG+HGSRUGF+JOIHJ+LO+GUIT+HRILGF+=JM+SJURH9+LO+GUIT+SRHJUIGKJOIJ+SJIJHKROGST+QTH
LO+QHTITIRQT+UJFJMIJ=+P+FGM+GUIRbRSGSJM+OT+HRILGFJM9+IGFJM+UTKT+FGM+]LJ+QHJSTKROGO+JO+FTM+T^RURTM
KTSJHOTME+#MIG+SR^JHJOURG+JM+GONFTXG+G+FG+]LJ+JdRMIJ+JOIHJ+LOG+^RXLHG+XJTKcIHRUG9+FLJXT+HJXLFGH+P
^LOSGKJOIGF9+IGF+UTKT+JF+U_HULFT9+JF+IHRNOXLFT+J]LRFNIJHT+T+JF+ULGSHGST9+P+FG+KLFIRILS+ROSJ^RORSG+SJ
FTM+IHGWGSTM+RHHJXLFGHJME+'GM+^RXLHGM+XJTKcIHRUGM+HJXLFGHJM9+[O$3-,H13#,/1%\+T+[)13#(,/1%\+MTO9+JO+JF
JMQGURT9+FGM+HJQHJMJOIGOIJM+KNM+SRHJUIGM+SJ+FTM+QHTITIRQTM+LORbJHMGFJMZ+FG+SR^JHJOURG+]LJ+FGM+MJQGHG+SJ
TIHGM+^THKGM+JMQGURGFJM+RXLGFKJOIJ+QTMRaFJM+JM+UGMR+GaMTFLIG9+JM+SJURH9+JM+IGO+XHGOSJ+UTKT+QLJSG
MJHFT+LOG+SR^JHJOURG+JO+JMIJ+STKRORT9+P+JFFT+QHJURMGKJOIJ+QTH]LJ+JM+SJ+THSJO+ULGFRIGIRbTE+&VTHG
aRJO9+JM+MYFT+JO+JF+ROIJHRTH+SJ+LO+STKRORT+SJIJHKROGST+SJ+FG+KGOR^JMIGURYO+]LJ+FG+SR^JHJOURG+JOIHJ+FT
]LJ+JM+JF+QHROURQRT+P+FT+]LJ+SJHRbG+SJ+JMIJ+sFIRKT+QLJSJ+bJHSGSJHGKJOIJ+[H,3"O1%#,(%1\9+QLJM+^LJHG
SJ+JMIJ+KGHUT+FG+KGOR^JMIGURYO+SJaJ+GOLFGHMJ+GOIJ+ML+QHROURQRT9+T+aRJO+HJSLURHMJ+G+cFE+3TKT+JMITM
STM+QLOITM+SJ+bRMIG+MTO+ROUTKQGIRaFJM9+JM+GaMLHST+HJULHHRH+GF+GHXLKJOIT+SJ+FG+HJFGIRbRSGS+SJ+ITSG
KGOR^JMIGURYO+G+^RO+SJ+VGUJH+SJMGQGHJUJH+FGM+SR^JHJOURGM+]LJ+cMIG+RKQFRUG9+IGF+UTKT+QTH+J`JKQFT+FG
SR^JHJOURG+JOIHJ+FTM+GUITM+HRILGFJM+P+FTM+QHT^GOTME+
#F+UGHNUIJH+HRILGF+T+[)13#(,/\+SJ+FTM+T^RURTM+IHGSRURTOGFJM+JM+QTH+FT+SJKNM+ROMJQGHGaFJ+SJF+VJUVT
SJ+]LJ+GUILGFRUJO+QTMRaRFRSGSJM+ROKJSRGIGM+P+OJUJMGHRGM+SJ+FG+GUIRbRSGS+VLKGOG9+P+JMIT+JM+UTO^THKJ

>D 3RIGST+QTH+&OGOSG+oE+3TTKGHGMpGKP+JO+ML+TaHG+.VJ+.HGOM^THKGIRTO+T^+$GILHJ+RO+&HI9+QE+D+q'G+IHGOM^THKGURYO+SJ
FG+OGILHGFJWG+JO+GHIJ9+-GHUJFTOG9+oGRHYM9+>??ArE
>? %JUTHSJKTM+ ]LJ + FTM + [-"4%1%\+eSJbGMf + SJF + :ROSLRMKT+ MTO + FT + ]LJ+ FGM + HJFRXRTOJM+ QHTQRGKJOIJ+ SRUVGM + SJOTKROGO
[X3N1/1%\E

=+t+=
&&
!"#$%&'$()*+,(-#&&
&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&./&0(#1&-1%-1&1/&2$3#4&-1&5"%#,&-1&6,&!(,-")"73&81(1331&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
&&

GF+THRXJO+QHRKTHSRGF+]LJ+FGM+URbRFRWGURTOJM+IHGSRURTOGFJM+FJM+HJUTOTUJOEgl
+
+)

'G+GOGFTX_G+JOIHJ+FG+QHTSLUURYO+SJF+KLOST+P+JF+QHTUJSJH+SJF+GHIJMGOT+IHGSRURTOGF+MJ+HJbJFG+UTO
QGHIRULFGH+JbRSJOURG+JO+FG+UTOMIHLUURYO+SJ+FTM+IJKQFTM9+QLJM+ITST+IJKQFT+JM+LOG+RKGXJO+SJF+UTMKTM9
GF+]LJ+HJ^FJ`G+SJ+GULJHST+UTO+LO+FJOXLG`J+JMQRHRILGF+SJIJHKROGSTZ+P9+MRJOST+LOG+RKGXJO+SJF+UTMKTM9
MJHN + G + ^THIRTHR + LOG + RKGXJO + SJF + *JH + P+ SJ + MLM + QTMRaRFRSGSJM9 + ]LJ + JMINO + UTKT + [1\#1("4("J,-,%\+ T
[)("%#,/"J,-,%\+JO+JF+JSR^RURT+UYMKRUTZ+MJXsO+JMIG+QJHMQJUIRbG9+FG+ROKTbRFRSGS+SJF+IJKQFT+MJHN+UTKT
JF + HJ^FJ`T + SJ + FG + ROKLIGaRFRSGS + SJ + FGM + FJPJM + UYMKRUGM9 + P + G + ^THIRTHR + SJF + *JHE + #F + QHTUJMT + SJ + FG
UTOMIHLUURYO+RKRIG+JF+SJ+FG+QHTSLUURYO+SJF+KLOST+G+QGHIRH+SJF+UGTM+QHRKTHSRGF9+P+JdRMIJ+QTH+JFFT+LOG
MJKJ`GOWG+P+HJFGURTOJM+^R`GM+JOIHJ+JF+IJKQFT+P+JF+KLOST+UTHQTHGF+JO+ML+UTO`LOIT9+FT+]LJ+MJ+JdQHJMG
QTH+FG+THRJOIGURYO+SJF+JSR^RURT+MJXsO+FGM+SRHJUURTOJM+GMIHTOYKRUGME+2JHT+KRJOIHGM+]LJ+JF+UTO`LOIT+SJF
KLOST +QFGOJIGHRT+JMIN+HJXRST+QTH+ JF+KTbRKRJOIT+SJ+FTM+GMIHTM9 + ]LJ+ JbTFLURTOGO + G+FG+bJW +JO+JF
JMQGURT+P+JO+JF+IRJKQT9+JF+JSR^RURT+MGXHGST+IHGMFGSG+JMIGM+KRMKGM+KJSRSGM+MYFT+JO+JF+JMQGURT9+QTH+FG
^R`GURYO+SJ+MLM+J`JM+HJUITHJMZ+QTH+FT+SJKNM9+FG+RKGXJO+JMULFIYHRUG+SJaJ9+IGKaRcO9+TaJSJUJH+G+JMIGM
KRMKGM+FJPJM+SJ+IHGOMQTMRURYOEg>
#F+GHIJ+SJ+FG+UTOMIHLUURYO+SJ+FTM+IJKQFTM+JOXFTaG+GF+SJ+FG+JMULFILHG9+PG+]LJ9+JO+FG+UTOMIHLUURYO
SJ+FTM+IJKQFTM+JO+QRJSHG+=P+JMQJURGFKJOIJ+SJ+FGM+UGIJSHGFJM=9+UGSG+QRJSHG+JHG+IGFFGSG+QTH+JF+UGOIJHT
GOIJM+SJ+ML+UTFTUGURYOZ+JF+JMULFITH+JHG+GOIJ+ITST+LO+IGFFGSTH+SJ+QRJSHG9+P+JF+QHTQRT+GH]LRIJUIT+OT+JHG
MROT+JF+QHRKJHT+SJ+JOIHJ+FTM+IGFFGSTHJM9+G]LJF+]LJ9+QTH+ML+bRMRYO+SJ+UTO`LOIT9+MGa_G+SRMUJHORH+FG+`LMIG
IGFFG +SJ+ UGSG+ QRJWGE+ 'G+^THKGURYO+ SJF +UTMKTM+ G+ QGHIRH+SJF +UGTM9+IHGWGSG+JO+ FG+UTOMIHLUURYO+ SJF
JSR^RURT+ MGXHGST9+MJ +HJQRIJ+JOITOUJM+ JO+KJOTH+JMUGFG+JO+FG+IGFFG+HJXLFGH + SJ+FG+QRJSHG+ aHLIG9+]LJ
HJQHJMJOIG+GM_+FG+KGIJHRG+QHRKG+SJ+FG+TaHGE+
2GHG+KJ`TH+SGH+ULJOIG+SJF+MJOIRST+JMQRHRILGF+SJF+T^RURT9+JM+QHJURMT+GOIJ+ITST+FGOWGH+LOG+KRHGSG
MTaHJ+FTM+ROMIHLKJOITM!+MJ+UTKQHJOSJHN9+GF+HJMQJUIT+SJ+FG+GOGFTX_G+JOIHJ+FG+GUIRbRSGS+GHIJMGOGF+P+FGM
^LOURTOJM+LORbJHMGFJM+T+GOXcFRUGM9+]LJ+FTM+ROMIHLKJOITM+JKQFJGSTM+QTH+JF+GHIJMGOT+MTO+FG+RKGXJO+SJ
FT+]LJ+QTSH_G+MJH+SJOTKROGST+FTM+["3%#($H13#4%&H,)(4)7%H")4%\Z+P+HJUTHSJKTM+G+JMIJ+QHTQYMRIT
]LJ9+JO+JF+MRKaTFRMKT+SJ+FGM+SRMIROIGM+KRITFTX_GM9+G+KJOLST+FTM+ROMIHLKJOITM+MTO+RSJOIR^RUGSTM+UTO
GIHRaLITM +SRbROTMZ +FT +ULGF+JdQFRUG+^NURFKJOIJ+JF +VJUVT+SJ+]LJ+FG+IHGOMKRMRYO +RORURNIRUG+JMILbRJHG
JMIHJUVGKJOIJ+FRXGSG9+JO+FGM+RORURGURTOJM+GHIJMGOGFJM9+G+FG+JOIHJXG+SJ+FTM+ROMIHLKJOITM+SJF+T^RURTZ+MJ
QTSH_G+SJURH+JOITOUJM+]LJ+JF+ROMIHLKJOIT+JM+KNM+]LJ+JF+GHIRMIG9+JO+JF+MJOIRST+SJ+]LJ+ML+MRKaTFRMKT
SJMaTHSG+GF+ROSRbRSLT+UTKT+IGFE+
'TM+ROMIHLKJOITM+SJF+JMULFITH9+JF+KGHIRFFT+P+JF+UROUJF9+MTO+FG+RKGXJO+SJ+FTM+[,N13#1%&)7%H")4%\
]LJ+SR^JHJOURGO+FG+KGIJHRG+QHRKJHG9+HJQHJMJOIGSG+G]L_+QTH+FG+QRJSHG+aHLIGE+#MIJ+UTKQFJKJOIGHRMKT
JOIHJ+JF+UROUJF+P+FG+QRJSHG+MJ+JOULJOIHG+OJUJMGHRGKJOIJ9+QTH+FT+SJKNM9+JO+SRMIROIGM+^THKGM9+JO+FG
KGPTH+QGHIJ+SJ+FTM+T^RURTM+IHGSRURTOGFJM9+MR+OT+JO+ITSTMZ+GM_9+JF+GHGST+SJMaHTWG+FG+IRJHHGgg+ UTKT+JF
gl #O+JF+KLOST+KLMLFKNO9+FG+KGPTH_G+SJ+FTM+T^RURTM+MTO+UTOMRSJHGSTM+UTKT+HJKTOINOSTMJ+G+*JIV9+VR`T+SJ+&SNOE
g> 2JOMGKTM + UTO + JMIT + JO + FG + HJQHJMJOIGURYO + JMULFIYHRUG + SJ + FTM + MJHJM + bRbTME + #F + GHIRMIG + IHGSRURTOGF + `GKNM + ROIJOIGHN
ROKTbRFRWGH+MRKQFJKJOIJ+LOG+^GMJ+JO+FG+JbTFLURYO+JMQGURGF+P+IJKQTHGF+SJ+LO+MJHZ+FT+]LJ+QHJIJOSJ+^R`GH+JM+MRJKQHJ+LOG
M_OIJMRM+GSJULGSG+G+FGM+UTOSRURTOJM+JMINIRUGM+SJ+FG+JMULFILHGE+[6,% &N(,3-1%&"3345,)"431% &-1/&,(#1&3,#$(,/"%#,&%1
(1-$)13&13&%$H,&,&$3,%&)$,3#,%&5"4/,)"431%&-1&/4%&2("3)"2"4%&-1/&,(#1&34(H,/]&13&2("H1(&/$N,(T&13&/4&K$1&%1&(1O"1(1
,&/,&1%)$/#$(,T&5"4/,)"73&-1&/,&H,#1(",&"31(#1T&%1,&-1&/,&2"1-(,T&-1/&H1#,/&4&-1&/,&H,-1(,T&GT&13&%1N$3-4&/$N,(T&13&/4
K$1&%1&(1O"1(1&,&/,&2"3#$(,T&5"4/,)"73&-1&/,&%$21(O")"1&2/,3,^&13&1/&2("H1(&),%4T&%1&#(,#,&,&/,&H,#1(",&"31(#1&)4H4&%"
1%#$5"1(,&-4#,-,&-1&5"-,T&)$,3-4&13&(1,/"-,-&1%&1%13)",/H13#1&1%#X#"),&G&24(&1//4&21(H"#1&K$1&/,&(12(1%13#,)"73&%1,
-1 &)$1(24%&"3H75"/1%T& -1 &O,%1%&1%13)",/1%&4 & _1%K$1HX#"),%` &-1/&H45"H"13#4T& G&34 &-1 &H45"H"13#4%& ,(F"#(,("4%T
,))"-13#,/1%&4&),%"&"3%#,3#X314%WWW\+evHRIV`T^+*UVLTO!+'G+]LJMIRTO+SJM+^THKJM+S{GHI9+JO+5ILSJM+.HGSRIRTOOJFFJM9+JOJHT=
^JaHJHT+SJ+>?@tfE
gg #F+GHIJ+SJ+GHGH+JM+^HJULJOIJKJOIJ+UTOUJaRST+UTKT+IJORJOST+LO+THRXJO+SRbROTE+v_MRUGKJOIJ9+JF+GUIT+SJ+GHGH+FG+IRJHHG
IRJOJ+JF+J^JUIT+SJ+GaHRHFG+GF+GRHJ9+]LJ+^GbTHJUJ+FG+^JHKJOIGURYO+ROSRMQJOMGaFJ+QGHG+FG+GMRKRFGURYO+SJ+FG+IRJHHG+QTH+FTM
bJXJIGFJMZ+MRKaYFRUGKJOIJ9+FG+IRJHHG+JMIN+GaRJHIG+G+FGM+RO^FLJOURGM+SJF+3RJFT9+P+JF+GHGST+JM+JF+GXJOIJ+GUIRbT+T+ML+YHXGOT
XJOJHGSTHE+*JkGFJKTM+SJ+QGMT+]LJ+FG+MLMIRILURYO+SJF+GHGST+QTH+KN]LROGM+VG+HJSLURST+KLUVGM+IRJHHGM+^cHIRFJM+G+FG
JMIJHRFRSGS9+T9+JO+TIHTM+IcHKROTM9+FGM+VG+IHGOM^THKGST+JO+SJMRJHITM!+JM+FG+KGFSRURYO+ROVJHJOIJ+G+FGM+KN]LROGM+SJ+FG+]LJ
VGaFG+%JOc+"LcOTO+JO+ML+FRaHT+'J+%•XOJ+SJ+FG+hLGOIRIc+JI+FJM+*RXOJM+SJM+.JKQM+q#F+HJROT+SJ+FG+UGOIRSGS+P+FTM+MRXOTM

=+A+=
&&
!"#$%&'$()*+,(-#&&
&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&./&0(#1&-1%-1&1/&2$3#4&-1&5"%#,&-1&6,&!(,-")"73&81(1331&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
&&

UROUJF+IHGaG`G+FG+QRJSHG9+P+JM+IGKaRcO+SJ+FG+KRMKG+KGOJHG9+QHROURQRGFKJOIJ+VGaFGOST9+]LJ+FG+QFLKG
[#(,3%O4(H,\+JF+QGQJFZgj+JF+ROMIHLKJOIT+]LJ+UTHIG+T+]LJ+KTFSJG+GQGHJUJ+MRJKQHJ+UTKT+JF+GXJOIJ+SJ
LO+QHROURQRT+KGMULFROT+]LJ+SJIJHKROG+G+LOG+KGIJHRG+^JKJOROGE+#F+UROUJF+UTHHJMQTOSJ+JbRSJOIJKJOIJ
G+LOG+^GULFIGS+SJ+SRMIROURYO+T+SJ+SRMUHRKROGURYOZ+GUIRbT+UTO+HJMQJUIT+G+FG+IRJHHG9+MJ+VGUJ+QGMRbT+G+ML
bJW+ULGOST+MJ+FT+UTOMRSJHG+JO+ML+UTOJdRYO+UTO+JF+KGHIRFFT9+SJF+]LJ+QTH+GM_+SJURH+ML^HJ+JF+["H2$/%4\E
#O+ML+GQFRUGURYO+RORURNIRUG9+[421(,#"5,\9+JF+UROUJF+MRKaTFRWG+LO+UTOTURKRJOIT+SRMIROIRbT9+P+JF+KGHIRFFT
FG+bTFLOIGS+JMQRHRILGF+]LJ+[,)#$,/"J,\+T+[1%#"H$/,\+JMIJ+UTOTURKRJOITZ+FG+^GULFIGS+UTXORIRbG+MJ+VGFFG
GM_+MRILGSG+QTH+SJaG`T+SJ+FG+^GULFIGS+bTFRIRbG9+FT+]LJ+G+QHRKJHG+bRMIG+QGHJUJ+UTOIHGHRT+G+FG+`JHGH]L_G
OTHKGF9+QJHT+JMIG+GQGHJOIJ+UTOIHGSRUURYO+MJ+JdQFRUG+QTH+FG+RObJHMRYO+KJIG^_MRUGKJOIJ+OJUJMGHRG+]LJ
ML^HJ9+JO+JF+STKRORT+[2(X)#")4\9+FG+HJFGURYO+QHROURQRGF+MJXsO+FG+ULGF+JF+UTOTURKRJOIT+QHJUJSJ+G+FG
bTFLOIGSE + &M_9 + JF + JFJKJOIT + JMQRHRILGF + T + MLQHG=ROSRbRSLGF9 + ]LJ+ QTH + SJ^RORURYO + JM + SJF + THSJO + SJ + FG
UTOIJKQFGURYO9 + MJ + KGOR^RJMIG + UTKT + JF + JFJKJOIT+ SRONKRUT + MTaHJ + JF + QFGOT + SJF + IHGaG`T+ JMQRHRILGF9
KRJOIHGM + ]LJ + JF + JFJKJOIT + bTFRIRbT + T + ROSRbRSLGF + GSTQIG9 + JO + JF + KRMKT + QFGOT9 + FG + ^THKG + SJ + LOG
UTOIJKQFGURYOZ+JF+UTOTURKRJOIT+JMQRHRILGF+MJ+VGUJ+bTFLOIGS9+P+FG+bTFLOIGS+SJbRJOJ+SRMUJHORKRJOITZ
HJUTHSJKTM9+QTH+TIHG+QGHIJ9+G+QHTQYMRIT+SJ+JFFT9+]LJ+JM+FG+KGOT+SJHJUVG+FG+]LJ+KGOJ`G+JF+KGHIRFFT9+P
FG+KGOT+RW]LRJHSG+FG+]LJ+XL_G+GF+UROUJFE+#F+UTOTURKRJOIT+QHROURQRGF+QLHT9+[-4)#("3,/\+MR+MJ+]LRJHJ
=SJF + ]LJ + JF + [-"%)1(3"H"13#4\ + JO + ULJMIRYO + OT + JM + MROT + ML + GQFRUGURYO + KRUHTUYMKRUG + QHNUIRUG9
[H1#7-"),\=+OT+ROIJHbRJOJ+[,)#"5,H13#1\9+T+KJ`TH+SRUVT+[-"(1)#,H13#1\9+JO+JF+IHGaG`T+SJ+HJGFRWGURYO
JMQRHRILGF9+MROT+]LJ+FT+THSJOG+UTO^THKJ+G+FGM+bJHSGSJM+ROKLIGaFJMZ+JMIJ+UTOTURKRJOIT+IHGMUJOSJOIJ
MJ+VGFFG+MRKaTFRWGST9+JO+JF+KcITST+JMQRHRILGF+SJF+IGFFGSTH+SJ+QRJSHG9+QTH+FTM+SRbJHMTM+ROMIHLKJOITM+SJ
KJSRSG9+IGFJM+UTKT+JF+VRFT+SJ+QFTKT9+JF+ORbJF9+FG+JMULGSHG+P+JF+UTKQNM9+RKNXJOJM+SJ+FTM+GH]LJIRQTM
ROKLIGaFJM+]LJ+HRXJO+ITSGM+FGM+^GMJM+SJ+FG+TaHGEg@
'T+]LJ+GUGaGKTM+SJ+SJURH+QJHKRIJ+UTKQHJOSJH+]LJ+FG+JOMJkGOWG+RORURNIRUG+SGSG+G+FTM+GHIRMIGM
SJa_G+MJH+KNM+[5"%$,/\+]LJ+[51(F,/\+T+[#17("),\Z+QTH+TIHG+QGHIJ9+FG+MTFG+GQFRUGURYO+QHNUIRUG+SJ+FTM
SGITM + XJTKcIHRUTM+ JFJKJOIGFJM + =QTH + JF + KGOJ`T + SJ + FTM + ROMIHLKJOITM + SJ + KJSRSG= + SJa_G + SJMQJHIGH
JMQTOINOJGKJOIJ+JO+FTM+GHIJMGOTM+UTOIJKQFGIRbTM+["3#$")"431%\+T+[2(1%13#"H"13#4%\+ROIJFJUILGFJM9
FLJXT9+JO+sFIRKT+GONFRMRM9+UTOTURKRJOITM+KJIG^_MRUTME+#F+LMT+SJ+JMITM+ROMIHLKJOITM+SJa_G+QJHKRIRH
GOIJ+ITST+HJUTOTUJH+SJ+LOG+KGOJHG+ROKJSRGIG+JF+HRXTH+ROJFLUIGaFJ+J+ROUTHHLQIRaFJ+=T+[/7N")4\=+SJ+FGM
FJPJM+LORbJHMGFJM9+QHRKJHT+JO+JF+THSJO+[3,#$(,/\+KJSRGOIJ+FG+TaMJHbGURYO+SJ+FGM+FJPJM+JMINIRUGMgm9+P
SJMQLcM+JO+JF+THSJO+[%4F(13,#$(,/\+QTH+FG+GMRKRFGURYO9+G+IHGbcM+SJ+JMIGM+FJPJM9+SJ+MLM+GH]LJIRQTM
LORbJHMGFJMZ+JMIT9+QTH+MLQLJMIT9+QHJMLQTOJ+]LJ+FGM+FJPJM+[/7N"),%\9+GsO+GQGHJURJOST+G+QHRTHR+JO+JF
KLOST+MJOMRaFJ9+JHGO+JMQTOINOJGKJOIJ+GIHRaLRSGM+G+ML+MLaMIGOURG+bJHSGSJHG+=UYMKRUG+T+SRbROG+MJXsO
JF+XHGST+JO+]LJ+MJ+UTOMRSJHGHG=9+JM+SJURH9+]LJ+ITSGb_G+OT+VGa_GO+MRST+GHaRIHGHRGKJOIJ+JOUJHHGSGM+JO
FTM+F_KRIJM+SJ+FG+OTURYO+SJ+KGIJHRG+VGMIG+FFJXGH+G+MJH+UTO^LOSRSGM+UTO+FG+GQGHJOIJ+ROJHURG+SJ+FT+[34
1%2"("#$,/\E+#MIG+^LOSGKJOIGF+SR^JHJOURG+JO+FGM+UTOUJQURTOJM+SJ+FGM+HJXFGM+SJ+KJSRSG+MJ+HJbJFG+QTH
TIHG+QGHIJ+SJ+LOG+KGOJHG+UGMR+IGOXRaFJ+JO+FG+SR^JHJOURG+SJ+IHGIGKRJOIT+IcUORUT+JOIHJ+FG+TaHG+SJF
GHIJMGOGST+IHGSRURTOGF9+QTH+LO+FGST9+P+JF+QHTSLUIT+SJ+FG+ROSLMIHRG+KTSJHOG9+QTH+TIHT!+FGM+MLQJH^RURJM+P
FTM+NOXLFTM+SJ+LOG+RXFJMRG+HTKNORUG9+QTH+J`JKQFT9+MJ+SJMULaHJO+MRJKQHJ+UTKT+ROJdGUITM+ULGOST+MJ
GQFRUGO + KJSRSGM + HRXLHTMGM9+ QJHT + FG + LORSGS + SJF + UTO`LOIT + MJ + RKQTOJ + UTO + LOG + KGPTH+ UFGHRSGSZ + FG
HJXLFGHRSGS + SJF + JSR^RURT9 + QTSH_G + SJURHMJ9 + MJ + MLMIHGJ + JO + URJHIT + KTST + GF + UTOIHTF + KJUNORUT + QGHG
ROIJXHGHMJ+JO+FT+ROIJFRXRaFJE+#O+UGKaRT9+FG+KGPTH_G+SJ+FGM+UTOMIHLUURTOJM+KTSJHOGM+OT+KLJMIHG+KNM
]LJ + LOG + LORSGS + QLHGKJOIJ + [,-"#"5,\9 + QHJMJOIGOST + GM_ + LOG + HJXLFGHRSGS + ["3+$H,3,\ + =QTH
GQGHJOIJKJOIJ+GaMTFLIG=+JO+JF+SJIGFFJ9+UTKT+MR+MJ+IHGIGHG9+OT+SJ+[(12(4-$)"(\+JF+KTSJFT+IHGMUJOSJOIJ
G+IHGbcM+SJ+KTSTM+VLKGOTM9+MROT+SJ+[(11H2/,J,(/4\+QTH+LOG+JMQJURJ+SJ+UTQRG+KNXRUG+GaMTFLIGKJOIJ
SJ+FTM+IRJKQTM9+/GSHRS9+&PLMT9+>?AtZ+-LJOTM+&RHJM9+3*9+>??mZ+-GHUJFTOG9+2GRSYM9+>??trE
gj #F+MRKaTFRMKT+SJF+UNFGKT+P+SJF+FRaHT+=T+SJF+UNFGKT+P+SJ+FG+IGaFG=+SJMJKQJkG+LO+QGQJF+KLP+RKQTHIGOIJ+JO+FG+IHGSRURYO
RMFNKRUGZ+MJXsO+FG+STUIHROG+SJ+FTM+ML^_JM9+JF+[)X/,H4&%$2(1H4\+JM+JF+[@3#1/1)#4&$3"51(%,/\9+P+FG+[#,F/,&N$,(-,-,\
MTaHJ+FG+]LJ+JF+UNFGKT+XHGaG+FTM+SJMIROTM+SJF+KLOST+UTHHJMQTOSJ+G+FG+/GIJHRG+QHRKG9+G+FG+[;$F%#,3)",\+ROUHJGSG+=T
OT=KGOR^JMIGSG=+]LJ9+aG`T+FTM+RKQLFMTM+SJF+[@3#1/1)#4\+T+SJ+FG+[.%13)",\9+QHTSLUJ+ITST+FT+]LJ+FG+[)(1,)"73\+RKQFRUGE
g@ 2TSH_G+RXLGFKJOIJ+SJURHMJ+]LJ+JMITM+ROMIHLKJOITM+UTHHJMQTOSJO+G+SR^JHJOIJM+[-"H13%"431%&)43)12#$,/1%\+eU^E+vHRIV`T^
*UVLTO!+)JM+SRKJOMRTOM+UTOUJQILJFFJM9+JO+5ILSJM+.HGSRIRTOOJFFJM9+JOJHT+SJ+>?@lfE
gm 2GHG+FG+URJOURG+KJSRJbGF9+ITSG+FJP+^_MRUG+MJ+HJSLU_G+G+LOG+RSJG+SJ+QHTQTHURYO!+QTH+J`JKQFT9+JF+QJMT+JMQJU_^RUT+SJ+LO
ULJHQT+JHG+SGST+QTH+FG+QHTQTHURYO+JOIHJ+ML+bTFLKJO+P+ML+QJMTE+#M+QTH+FGM+QHTQTHURTOJM+]LJ+FG+LORSGS+MJ+G^RHKG+JO+FG
KLFIRQFRURSGSE

=+D+=
&&
!"#$%&'$()*+,(-#&&
&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&./&0(#1&-1%-1&1/&2$3#4&-1&5"%#,&-1&6,&!(,-")"73&81(1331&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
&&

RScOIRUG9 + FT + ]LJ + RKQFRUG + LOG + UTO^LMRYO + FLUR^JHROG + JOIHJ + FG + ^THKG + KGIJHRGF + P + FG + ^THKG + RSJGF + T
[,F%#(,)#,\Egt+ 'GM+ UTOMIHLUURTOJM + KTSJHOGM + SJKLJMIHGO9 + QTH + JFFT9 + LOG + RObJHMRYO + SJ + FG + HJFGURYO
OTHKGF +JOIHJ+ FGM+^THKGM+ JMJOURGFJM+P+FGM+^THKGM+ UTOIROXJOIJM9+FT +]LJ+ IRJOJ+ UTKT+ HJMLFIGST+LOG
JMQJURJ + SJ + ROGUIRbRSGS + bRMLGF + ROUTKQGIRaFJ + UTO + FG + MJOMRaRFRSGS + =SRH_GKTM + XLMITMGKJOIJ + FG
[%$F%#,3)",&"3")",F/1\=+SJF+GHIRMIG+UTOIJKQFGIRbTE
+
,)

'TM+ JFJKJOITM+HRILGFJM+]LJ+VJKTM +KJOURTOGST+ GOIJHRTHKJOIJ+QTSH_GO+aGMIGH9+JO+QHROURQRT9


QGHG+FG+bGFRSJW+SJF+KcITST9+MRJOST+FGM+UTOSRURTOJM+ROSRMQJOMGaFJM+SJ+cMIJ+FGM+MRXLRJOIJM!+JO+QHRKJH
FLXGH9+JF+ULKQFRKRJOIT+SJ+LO+GUIT+]LJ+MRKaYFRUGKJOIJ+SJMUHRaG+LOG+^LOURYO+LORbJHMGFZ+JO+MJXLOST
FLXGH9+FG+IHGOMKRMRYO+SJ+LOG+["3O/$13)",&1%2"("#$,/\gA+]LJ+JMIGaFJUJ+=QGHGFJFGKJOIJ+JO+URJHIG+KGOJHG
G + FG + HJFGURYO + [1%13)",/\9 + TOITFYXRUG + P + FYXRUG + JOIHJ + JF + GUIT + HRILGF + P + ML + QHTITIRQT + SRbROT= + LOG
UTKLORUGURYO+[%$F%#,3)",/\+JOIHJ+GKaTM+QFGOTM+SJ+HJGFRSGSZ+JO+IJHUJH+P+sFIRKT+FLXGH9+FG+ROIJOURYO
HJUIG+eFG+ORPGV+JO+FG+STUIHROG+RMFNKRUGf9+]LJ+GaHJ+JF+GFKG+GF+^FL`T+[1\"%#13)",/\+]LJ+bG+SJF+QHTITIRQT+GF
M_KaTFT9+T9+JO+TIHTM+IcHKROTM9+FG+ROIJOURYO+]LJ+QJHKRIJ+GF+GFKG+[-1%/"J,(%1\+JO+JF+[H4/-1\+]LJ+JM+JF
GUIT+MRKaYFRUTE+#O+ULGOIT+G+FTM+HRITM+JO+UTKsO9+IGFJM+UTKT+FTM+]LJ+MJ+KGOIRJOJO+JO+FG+GQJHILHG+P+JF
URJHHJ+SJ+ FTM+ IHGaG`TM + JO+FG+ /GMTOJH_G +JMQJULFGIRbG9+OT+ QTS_GO +HJ^JHRHMJ+SRHJUIGKJOIJ+ GF+IHGaG`T
QJHMTOGF+ SJ+ HJGFRWGURYO+ SJF + GHIJMGOT9 +MROT + ]LJ+ SJa_GO+ GMJXLHGH+ FG+ QGHIRURQGURYO +JO +FG+ RO^FLJOURG
JMQRHRILGF+QHJMJOIJ+JO+FG+TaHG+UTFJUIRbGE+
'T+]LJ+GUGaGKTM+SJ+SJURH+OT+SJaJ+JdUFLRH+TIHG+QTMRaRFRSGS!+OT+OTM+QGHJUJ+RKQHTaGaFJ+]LJ+FTM
GHIJMGOTM+RORURGSTM+SJ+FG+#SGS+/JSRG+SRMQLMRJHGO+GSJKNM+SJ+TIHT+KJSRT+JMQRHRILGF9+=KNM+["3#1("4(\+P
]LJ+MJ+UTKaROGaG+UTO+JF+GUIT+GHIJMGOGF=9+G+MGaJH9+LOG+^YHKLFG+JOUGOIGITHRG+ULPT+MRXOR^RUGST+SJa_G
JMIGH+JO+HJFGURYO+UTO+FG+^LOURYO+UYMKRUG+HJ^FJ`GSG+QTH+JF+T^RURTZ+JMIG+JOUGOIGURYO+QTS_G+HJSLURHMJ+G
LO+GUIT+QLHGKJOIJ+KJOIGF9+P9+JO+JMIJ+UGMT9+JHG+^NURF+]LJ+QJHKGOJURJHG+JO+MJUHJIT9+QJHT+IGKaRcO
UTHH_G+JF+HRJMXT+SJ+QJHSJHMJ+KNM+^NURFKJOIJEgD+ 'G+MLQJHQTMRURYO+SJ+LO+KJSRT+MJKJ`GOIJ+G+FTM+SJF
MRKaTFRMKT+GHIJMGOGF+VG+QTSRST+KLP+aRJO+QHTSLURHMJ+ULGOST+FGM+UTHQTHGURTOJM+^LJHTO+ROIJXHGSGM+JO
FG+IHGSRURYO+UHRMIRGOG9+P+JMIG+LORYO+VG+QTSRST+IJOJH+FLXGH9+QTH+FT+SJKNM9+JO+.RJHHG+*GOIGZ+QTH+TIHG
QGHIJ9+LO+KJSRT+SJ+JMIG+OGILHGFJWG+JHG+MLMUJQIRaFJ+SJ+UTOMIRILRH+LO+QLOIT+]LJ+HJFRXGHG+JF+STKRORT+SJ
FTM+[81K$1a4%&U"%#1("4%\+UTO+JF+SJ+FTM+[b(,3-1%&U"%#1("4%\9+JO+UTO^THKRSGS+UTO+FG+ROIJHbJOURYO
GbGINHRUG+SJ+3HRMITE+
.TST+IHGaG`T+RORURNIRUT+SJaJ+JMIGH9+QTH+GM_+SJURHFT9+JOKGHUGST+JO+LO+UTOTURKRJOIT+IJYHRUT+]LJ
MJ+GOIRURQJ+G+FG+HJGFRWGURYO+QHTQRGKJOIJ+SRUVGE+#O+JF+UGMT+SJ+FTM+JMULFITHJM+SJ+FG+#SGS+/JSRG9+]LJ
IJOJKTM + G]L_ + KNM + QGHIRULFGHKJOIJ+ G + FG + bRMIG9 + FG + IJTH_G + JMIGaG + bRMRaFJKJOIJ + KGOR^JMIGSG + QTH + JF
UTO`LOIT+SJF+JSR^RURT9+]LJ+HJ^FJ`GaG+JF+UTMKTM+T+JF+QFGO+SRbROTE+'G+KGJMIH_G+UTOMRMI_G+JOITOUJM+JO
LOG+QGHIRURQGURYO+[)43%)"13#1\+JO+JF+QFGO+SJF+[b(,3&0(K$"#1)#4&-1/&<3"51(%4\9+QFGO+]LJ+MJ+HJbJFG
QHJURMGKJOIJ+JO+FG+M_OIJMRM+SJ+ITSGM+FGM+QHTQTHURTOJM+SJF+IJKQFTg?+P+]LJ+UTTHSROG+FGM+GMQRHGURTOJM+SJ
ITSTM+G]LJFFTM+]LJ+QGHIRURQGO+JO+FG+TaHG+UYMKRUGE
2TSH_G+SJURHMJ9+SJ+KGOJHG+XJOJHGF9+]LJ+JF+JFJKJOIT+ROIJFJUILGF+SJF+KcITST+MJ+KGOR^JMIGaG+JO+FG
^THKG+HJXLFGH+]LJ+SJa_G+RKQTOJHMJ+G+FG+QRJSHGE+&M_9+FG+^THKG+SJMJKQJkG+JF+QGQJF+SJ+FG+[1%13)",\Z+P9
MRO+SLSG9+JM+JO+bRMIGM+G+LOG+IGF+GOGFTX_G+GHI_MIRUG+]LJ+&HRMIYIJFJM+RSJOIR^RUGaG+FG+[O4(H,\9+]LJ+JO
URJHIT+KTST+HJMLKJ+FGM+ULGFRSGSJM+SJ+LO+MJH+T+SJ+LO+Ta`JIT9+UTO+FG+["-1,\+ROKLIGaFJ9+FLJXT+UTO+JF
GH]LJIRQT+JMJOURGF+SJ+JMJ+Ta`JIT+T+SJ+JMJ+MJH9+P+]LJ+TQTO_G+^THKG+P+KGIJHRG+UTKT+UTKQFJKJOIGHRTM

gt #MIJ+SJ^JUIT+JM+FFJbGST+G+ML+F_KRIJ+JdIHJKT+JO+FGM+UTOMIHLUURTOJM+JO+VTHKRXYO9+JO+VRJHHT+P+JO+UHRMIGFE
gA 3TO+HJMQJUIT+G+FG+["3O/$13)",&1%2"("#$,/\9+bJH+%JOc+"LcOTO9+&QJH€LM+MLH+F{(ORIRGIRTOE
gD #O+OLJMIHTM+S_GM+JOUTOIHGKTM+ITSGb_G+LOG+JOUGOIGURYO+MTOTHG+UTKaROGSG+UTO+LO+IHGaG`T+KGOLGF+H_IKRUT+JO+URJHIGM
UTHQTHGURTOJM+SJ+T^RURT+SJF+2HYdRKT+,HRJOIJE
g? #MIG+M_OIJMRM+QTSH_G+MJH+UTKQGHGSG+UTO+FGM+QHTQTHURTOJM+SJ+LOG+JM^JHG9+QLJM+JM+QTH+FG+SRbRMRYO+HJXLFGH+SJ+LO+U_HULFT
ULPT+UJOIHT+P+ULPGM+QHROURQGFJM+SRbRMRTOJM+JMILbRJHGO+^R`GSGM+JO+JF+KTKJOIT+SJ+FG+THRJOIGURYO+SJF+IJKQFT+]LJ+FGM
QHTQTHURTOJM+SJF+JSR^RURT+JHGO+XJOJHGFKJOIJ+KJSRSGM9+P+JFFT+IGOIT+JO+JF+QFGOT+VTHRWTOIGF+UTKT+JO+JF+bJHIRUGFE+2TH+TIHG
QGHIJ9+JF+QFGO+SRbROT+OT+JM+MROT+FG+^THKG+SJF+[D4HF(1&<3"51(%,/\+=#F=ROMxO+JF=uxKRF9+QGHG+VGaFGH+JO+IcHKROTM+ML^_JM=
ULPG+RKGXJO+XJTKcIHRUG+JM+QHJURMGKJOIJ+LOG+JM^JHGE

=+?+=
&&
!"#$%&'$()*+,(-#&&
&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&./&0(#1&-1%-1&1/&2$3#4&-1&5"%#,&-1&6,&!(,-")"73&81(1331&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
&&

]LJ+HJMQJUIRbGKJOIJ+SJQJOS_GO+SJF+QTFT+[1%13)",/\+T+GUIRbT+P+SJF+QTFT+[%$F%#,3)",/\+T+QGMRbT+SJ+FG
KGOR^JMIGURYO+LORbJHMGFE
*JXsO + FG + GQFRUGURYO + KRUHTUYMKRUG + T + RORURNIRUG9 + FTM + KTSJFTM + XJTKcIHRUTM + HJQHJMJOIGO + FTM
GMQJUITM+SJ+FG+bJHSGS+JMQRHRILGF9+KRJOIHGM+]LJ+FG+QRJSHG+MJH_G+JF+GFKG+SJF+GHIRMIGZ+JF+IHGaG`T+MTaHJ+FG
QRJSHG9+]LJ+UTOMRMIJ+JO+JFRKROGH+FT+MLQJH^FLT+P+JO+UTO^JHRH+LOG+[)$,/"-,-\+G+FT+]LJ+ITSGb_G+OT+JM
KNM+]LJ+LOG+[),3#"-,-\+aHLIG9+UTHHJMQTOSJ+G+FG+JdQGOMRYO+SJ+FGM+bRHILSJM9+]LJ+MTO9+JO+JF+GFKG
VLKGOG9 + FTM + MTQTHIJM + GF + KRMKT + IRJKQT + ]LJ + FTM + ^HLITM + SJF + UTOTURKRJOIT + JMQRHRILGFE + #MIJ
QJH^JUURTOGKRJOIT+SJF+GFKG+SJa_G+SJMJKQJkGH+LO+QGQJF+IGOIT+KNM+RKQTHIGOIJ+ULGOIT+]LJ+JF+Ta`JIRbT
SJ+FG+b_G+GHIJMGOGF+JM+FG+HJROIJXHGURYO+JO+JF+[1%#,-4&2("H4(-",/\9jl+ JO+JF+]LJ+ITSG+^GULFIGS+MJ+VG
UTObJHIRST+JO+QLHG+ULGFRSGS+P+JF+ROSRbRSLT+MJ+bJ+JOOTaFJURST9+UTKT+LOG+QRJSHG+THSROGHRG+]LJ+MJ
VLaRJHG+UTObJHIRST+JO+QRJSHG+QHJURTMGE+
+
-)

$T+JM+JO+GaMTFLIT+OJUJMGHRT9+JO+bRMIGM+GF+GFUGOUJ+JMQRHRILGF+SJF+IHGaG`T9+]LJ+FG+^THKG+SJ+FG+TaHG
MJG+KNM+T+KJOTM+UTKQFJ`G9+JM+SJURH9+[,(#E%#"),\+JO+JF+MJOIRST+UTHHRJOIJ+P+MLQJH^RURGF+SJ+FG+QGFGaHGZ+FG
UHJGURYO+SJ+LOG+TaHG+THRXROGF+T+XJORGF+HJQHJMJOIG+GOIJM+JF+^HLIT+JMQTOINOJT+SJ+LOG+URJHIG+HJGFRWGURYO
ROIJHRTH+]LJ+LO+KJSRT+QGHG+FFJXGH+G+JFFGEj>+2TH+TIHG+QGHIJ9+JF+XJORT+SJF+GHIRMIG+RORURGST+MJ+KGOR^RJMIG
KJOTM+JO+FG+HR]LJWG+RKGXROGIRbG+]LJ+JO+FG+ROIJFRXJOURG+ROILRIRbG+P+JO+FG+MRKQFRURSGS+SJ+FG+TQJHGURYO9
ULGOST+MJ+IHGIG+SJ+GQFRUGH+LO+QHTITIRQT+["-1,/\+G+LOG+KGIJHRG+P+JO+SJIJHKROGSGM+URHULOMIGOURGME+#O
ULGOIT+G+FG+JMULFILHG+SJ+RKNXJOJM9+OT+JM+MTFGKJOIJ+FG+QRJSHG9+MROT+IGKaRcO+JF+UTO`LOIT+SJ+FGM+^THKGM
JKQ_HRUGM+FT+]LJ+SJMJKQJkG+JF+QGQJF+SJ+[H,#1(",\9+P+MJ+SRHN+JOITOUJM+]LJ+JF+HRXTH+XJTKcIHRUT+SJ
LOG+JMULFILHG+JdQHJMG+ML+OGILHGFJWG+ROIJFJUILGF9+KRJOIHGM+]LJ+FG+MJOMRaRFRSGS+SJF+KTSJFT+SJQJOSJHN
SJF+[,H4(\Ejg
'G+HJQJIRURYO+SJ+FTM+QHTITIRQTM9+FG+MRKQFRURSGS+SJF+QHTUJSRKRJOIT+P+LOG+URJHIG+KTOTITO_G+SJ
KJSRTM+MTO+ROMJQGHGaFJM+ SJF+KcITST+SJ+FTM+GHIRMIGM+IHGSRURTOGFJME+#O+JF+ROIJHRTH+SJF+GHIJ9+]LJ+JM
THOGKJOIT+P+HR]LJWG9+JMIG+KTOTITO_G+MGFbGXLGHSG+FG+QTaHJWG+P+FG+RO^GOURG+JMQRHRILGFJME+2GHG+RFLMIHGH
JMIG+GUIRILS9+]LJ+ JMIN+TULFIG+JO+FG+GQGHJOIJ+ROXJOLRSGS+SJF+GHIJ+IHGSRURTOGF9+HJFGIGHJKTM+G]L_+FGM
QGFGaHGM+]LJ+T_KTM9+JO+/GHHLJUTM9+SJ+FGaRTM+SJ+LO+UGOIGOIJ+UGFFJ`JHT!+VGaRcOSTFJ+QHJXLOIGST+QTH
]Lc+FG+QJ]LJkG+XLRIGHHG+NHGaJ+=SJ+FG+]LJ+MJ+MJHb_G+QGHG+GUTKQGkGH+MLM+MGFKTSRGM+SJ+FJPJOSGM=+OT
IJO_G+KNM+]LJ+STM+ULJHSGM9+TaILbRKTM+JMIG+HJMQLJMIG!+[0a,-"(&$3,&#1()1(,&)$1(-,&,/&"3%#($H13#4
%"N3"O"),&-,(&1/&2("H1(&2,%4&+,)",&/,&+1(1ME,W&A$,3-4&:"4%&)(17&1/&,/H,&-1&0-X3T&1//,&34&K$"%4
13#(,(&13&1/&)$1(24&G&(154/4#17&)4H4&$3&2XM,(4&,/(1-1-4(&-1&1%#,&M,$/,W&.3#43)1%&:"4%&4(-137&,
/4%&X3N1/1%&#4),(&/,%&-4%&)$1(-,%T&//,H,-,%&_1/&+4HF(1`&G&_/,&H$M1(`T&G&1/&,/H,T&)(1G13-4&K$1&/,
H1/4-E,&(1%"-E,&13&1/&"3%#($H13#4&QK$1&1%&1/&)$1(24Q&13#(7&G&K$1-7&,//E&13)1((,-,W&84(&1%#,&(,J73T
F,%#,3&-4%&)$1(-,%&Q,&/,%&K$1&%"1H2(1&%1&//,H,&_1/&+4HF(1`&G&_/,&H$M1(`Q&2,(,&/"F(,(&,/&,/H,&-1/
)$1(24\E+#MIJ+KRIT9+]LJ+UFGHGKJOIJ+ROSRUG+JF+THRXJO+GOXcFRUT+SJF+GHIJ9+SJKLJMIHG+]LJ+JF+QHTUJMT+SJ
KGOR^JMIGURYO+P+JF+SJ+HJROIJXHGURYO+=SJ+FT+KGOR^JMIGST+JO+JF+2HROURQRT=+MJ+UTHHJMQTOSJO+JO+MJOIRST
RObJHMT+P+UTOMIRILPJO+FGM+STM+^GMJM9+[-1%)13-13#1\+P+[,%)13-13#1\9+SJF+KRMKT+HRIKT+UYMKRUTE+#MIJ
HRIKT+HJQJHULIJ+JO+JF+XJMIT+P+JO+FG+JOUGOIGURYO+HRILGFJMZ+GF+HRIKT9+]LJ+MJ+SJMGHHTFFG+JO+JF+IRJKQT9
UTHHJMQTOSJ+JO+JF+JMQGURT+FG+QHTQTHURYO9+FT+]LJ+SJKLJMIHG+]LJ+VGP+LOG+HJFGURYO+OJUJMGHRG+JOIHJ+JF
UGHNUIJH+HRILGF+SJF+GUIT+GHI_MIRUT+P+FG+HJXLFGHRSGS+SJ+FGM+QHTQTHURTOJM+SJ+FG+TaHG+SJ+GHIJE+
2GHG+IJHKROGH9+SRHJKTM+FT+MRXLRJOIJ!+MR+MJ+HJFGURTOG+FG+RSJG+SJ+FG+QHTSLUURYO+SJ+LO+KLOST+G
QGHIRH+SJ+LOG+KGIJHRG+QHRKG+=FT+]LJ+UTOMIRILPJ+JF+QHTITIRQT+ROKJSRGIT+SJ+ITST+QHTUJMT+GHI_MIRUT=+UTO

jl %JUTHSJKTM+]LJ+ JMIJ+ IcHKROT9 + ]LJ+ G+ KJOLST+ MJ+ JOULJOIHG+JO+ FTM + JMUHRITM+ SJ + %JOc + "LcOTO9+ SJMRXOG + JF+ JMIGST
JScORUT9+JM+SJURH9+LO+JMIGST+JO+JF+]LJ+ITSGM+FGM+^GULFIGSJM+ROSRbRSLGFJM+SJ+JOULJOIHGO+JO+QJH^JUIT+SJMGHHTFFT9+FT+]LJ
UTROURSJ+OJUJMGHRGKJOIJ+UTO+LO+JMIGST+ROIJHRTH+QJH^JUIGKJOIJ+[%"H2/1\+P+[2$(4\E
j> #O+UGKaRT9+FG+TaHG+XJORGF9+FJ`TM+SJ+OT+IJOJH+KNM+]LJ+LO+GFUGOUJ+[%$FM1#"54\+QGHG+JF+GHIRMIG9+JM+MLMUJQIRaFJ+SJ+GPLSGH+G
FTM+SJKNM+G+ ITKGH+ UTOIGUIT+UTO+IGFJM+ HJGFRSGSJM+JMQRHRILGFJM9+P+ JFFT+QHJURMGKJOIJ+QTH]LJ +JF+ XJORT9+ XHGURGM+G+FG
QHT^LOSRSGS+P+G+FG+HR]LJWG+SJ+MLM+KJSRTM9+MGaJ+ITHOGHFGM+KNM+ROIJFRXRaFJM+P9+QTH+FT+IGOIT9+KNM+GMRKRFGaFJME
jg #MIT+GQGHJUJ+SJ+FG+^THKG+KNM+JbRSJOIJ+QTMRaFJ+JO+FGM+JMULFILHGM+JXRQURGM9+ULPT+KTSJFT+JM+SJ+LOG+SJFRUGSJWG+P+SJ+LOG
MJOMRaRFRSGS+RORXLGFGSGM9+KRJOIHGM+]LJ+FG+GUIRILS+SJ+FTM+ULJHQTM+JM+SJ+LO+JdIHJKT+HRXTH+["-1,/\E

=+>l+=
&&
!"#$%&'$()*+,(-#&&
&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&./&0(#1&-1%-1&1/&2$3#4&-1&5"%#,&-1&6,&!(,-")"73&81(1331&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
&&

FG+RSJG+SJ+FG+KGOR^JMIGURYO+LORbJHMGF9+FG+KGIJHRG+=P+FG+TaHG+]LJ+SJ+JFFG+HJMLFIG=+MJHN+UTKQGHGaFJ+G+LO
JMQJ`T+]LJ+KGOR^RJMIG+GF+#MQ_HRIL+UHJGSTH+MLM+QHTQRGM+QTMRaRFRSGSJM+FGIJOIJME+&F+RXLGF+]LJ+FG+TaHG+SJ
GHIJ+QHT^GOT+QLJSJ+UTObJHIRHMJ9+JO+FG+KJSRSG+JO+]LJ+GUILGFRWG+FRKRIGURTOJM+SJ+THSJO+ROSRbRSLGF9+JO
LOG+IHGKQG+]LJ+MJ+URJHOJ+MTaHJ+JF+GFKG+SJF+GHIRMIG9+FG+TaHG+SJ+GHIJ+MGXHGST9+QTH+JF+VJUVT+SJ+JMIGH
SJIJHKROGSG+QTH+LO+M_KaTFT9+FLJXT+QTH+LO+JFJKJOIT+MLQHG=ROSRbRSLGF+P+IHGMUJOSJOIJ9+P+SJ+MJH+JO
URJHIT+KTST+KTFSJGSG+QTH+OJUJMRSGS9+MJHN+LO+KJSRT+SJ+UTOTURKRJOIT+SJ+[%E&H"%H4\9+JM+SJURH9+SJ
OLJMIHG+JMJOURG+IHGMUJOSJOIJ+P+SRbROGZ+P+JM+JO+JMIJ+MJOIRST+]LJ+FG+TaHG+JM+[HX%&K$1&1/&,(#"%#,\Ejj

jj [:"4% & )(1, & ;$ & 2(42", & "H,N13T & H"13#(,% & K$1 & 1/ & +4HF(1 & #(,F,M, & 13 & )"1(#4 & H4-4 & %$ & 2(42", & 1%13)",T & ,/ & H134%
%"HF7/"),H13#1^&%4F(1&1/&2/,34&2("3)"2",/T&/4&"3#1("4(&H,3"O"1%#,&,&/4&1\#1("4(T&21(4&%4F(1&1/&2/,34&H,3"O1%#,-4T&/4
1\#1("4(&O4(H,&,&/4&"3#1("4(T&G&/,&(,J73&%$O")"13#1&-1&#4-4&,(#1&#(,-")"43,/T&%1,&)$,/&%1,T&1%&K$1&/,&4F(,&%1,&13&$3
)"1(#4&%13#"-4&HX%&K$1&1/&,(#"%#,T&G&K$1&)43-$J),&,&Y%#1T&24(&1/&H"%#1("4&-1&/,&)(1,)"73&,(#E%#"),T&,&/,&2(4\"H"-,-&-1
%$&2(42",&.%13)",&-"5"3,\+evHRIV`T^+*UVLTO!+'G+]LJMIRTO+SJM+^THKJM+S{GHI9+JO+5ILSJM+.HGSRIRTOOJFFJM9+JOJHT=^JaHJHT
SJ+>?@tfE

=+>>+=
&&
!"#$%&'$()*+,(-#&&
&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&./&0(#1&-1%-1&1/&2$3#4&-1&5"%#,&-1&6,&!(,-")"73&81(1331&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
&&

!/6789:;),

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&%.<30',+20-'(3&),+,%("($&'/#$.#+#$+5.0)#*+.%&)(.(,$$#''#*9+;0'(,=&",*.,+)#+>?@D9

4+2,*.#%(,%/#$.#+($3'0(),+#$+&2#%B0*+*0%+'&+3,$$&(**&$3#+*&3%5#9+/('&$,9+&%3:C9+>?DAE

'&+.%&)033(8$+3&*.#''&$&+h0#+0.('(6&/,*+#*.07,+&+3&%",+)#+&"0*.<$+'82#69

4+v0#+20-'(3&)&+#$+#'+$w +>+)#+'&+%#7(*.&+&z(*+/0$)(+e(+52,3&f9+#$+,.,•,+)#+>??@E

'GM+MRJIJ+[,(#1%&/"F1(,/1%\+SJ+FG+#SGS+/JSRG+IRJOJO+QTH+Ta`JIT+SRMURQFROGM+]LJ+FTM+KTSJHOTM+OT
SLSGH_GO + JO + UGFR^RUGH+ SJ + [)"13)",%\Z + IGFJM + MTO9 + QTH + J`JKQFT9 + FGM + KGIJKNIRUGM9 + FG + GMIHTOTK_G9 + FG
SRGFcUIRUG + T + FG + XJTKJIH_GE + #MIG + RSJOIR^RUGURYO + SJ + URJOURG + P + GHIJ9 + UTO^THKJ + G + FG + JMIHLUILHG
UTOIJKQFGIRbG + SJF + .HRbRLK + P + JF + hLGSHRbRLK9 + MJ + SJHRbG + SJ + FG + OGILHGFJWG + ^LOSGKJOIGF + SJ + FG
QJHMQJUIRbG+UTMKTFYXRUGE+
2TH+HJXFG+XJOJHGF9+FTM+VRMITHRGSTHJM+KTSJHOTM+OT+bJO+JO+FG+UTMKTFTX_G+IHGSRURTOGF+=PG+MJ+IHGIJ
SJ+ FGM + STUIHROGM+UTMKTFYXRUGM+ SJ+FGM+ URbRFRWGURTOJM +GOIRXLGM+P+ THRJOIGFJM+ T+SJ +FG+ SJF + ,UURSJOIJ
KJSRJbGF=+KNM+]LJ+JOMGPTM+RO^GOIRFJM+P+IRILaJGOIJM+ SJ+ JdQFRUGH+FG+UGLMGFRSGS+SJ+FTM+ ^JOYKJOTME
*LULKaJO+GM_+G+LO+JHHTH+SJ+YQIRUG+GONFTXT+GF+SJ+FTM+JMQJUIGSTHJM+]LJ9+RKaLRSTM+SJ+LO+QHJ`LRURT
[3,#$(,/"%#,\9+`LWXGO+FGM+TaHGM+SJ+GHIJ+KJSRJbGFJM+MJXsO+MLM+UHRIJHRTM+SJ+TaMJHbGURYO+[1\,)#,\+SJ+FG
OGILHGFJWG + P+ SJ + [+,F"/"-,-\+ GHI_MIRUGE + 'G+ ROUTKQHJOMRYO + KTSJHOG + HJMQJUIT + GF + GHIJ + MGXHGST+ P+ FG
UTMKTFTX_G + UTOIJKQFGIRbG + QHTUJSJO + SJ + FTM + KRMKTM + JHHTHJME + 4 + JFFT + OT + ]LJSG + JO + KTST + GFXLOT
SJMKJOIRST+ QTH+JF +VJUVT+SJ+]LJ+URJHITM+JMILSRTMTM +eG+KJOLST+FTM+KRMKTM+]LJ+GSTQIGO+GOIJ+FG
UTMKTFTX_G+KJSRJbGF+L+THRJOIGF+LOG+GUIRILS+UTKQGMRbG+KJWUFGSG+SJ+RHTO_Gf+HROSGO+VTKJOG`J+G+IGFJM
^THKGM+GHI_MIRUGM+T+HJUTOTWUGO+GF+GHIRMIG+JF+SJHJUVT+G+[1\,N1(,(\+URJHITM+HGMXTM+SJ+MLM+KTSJFTM
OGILHGFJM + P+ G + MLQHRKRH + TIHTM + QGHG + MLXJHRH + HJGFRSGSJM + SJ + THSJO + ROIJHRTHZ + FT + ]LJ + JMG + [#4/1(,3)",\
SJKLJMIHG + JM + ]LJ + QGHG + FTM + KTSJHOTM + JF + MRKaTFRMKT + GHI_MIRUT + OT + IRJOJ + KNM + ]LJ + LO + GFUGOUJ
JMIHRUIGKJOIJ + ROSRbRSLGF9 + QMRUTFYXRUT + T + ROUFLMT + MRKQFJKJOIJ + G^JUIRbTE + #MITM + JHLSRITM + RXOTHGO
JbRSJOIJKJOIJ +]LJ + FG+ JFJUURYO+ GHI_MIRUG+ SJ + FGM + ^THKGM9+ ULGOST+ MLHXJ+SJ + QHROURQRTM + ROMQRHGSTM+ T
HJXLFGHKJOIJ + IHGOMKRIRSTM9 + QLJSJ + VGUJH + GMJOIRH + G + QTMRaRFRSGSJM + QJHKGOJOIJM + J + ROGXTIGaFJM + SJF
#MQ_HRIL9+QLJMIT+]LJ+JF+GHIJ+IHGSRURTOGF+RKQFRUG+LOG+[/7N"),\+JO+JF+MJOIRST+LORbJHMGF+SJF+IcHKROTEj@+'G
KJOIGFRSGS+KTSJHOG+JMIN+UJXGSG+QTH+ML+GQJXT+G+FTM+GMQJUITM+MJOIRKJOIGFJM+SJ+FGM+^THKGM+SJ+GHIJ+P9
UTO+^HJULJOURG9+HJGUURTOG+JO+^LOURYO+SJ+LOG+VJHJOURG+QMRUTFYXRUG+KLP+QGHIRULFGHZ+QGHIJ9+GSJKNM9+SJF
QHJ`LRURT+SJ+]LJ+FG+ROILRURYO+GHI_MIRUG+P+FG+URJOURG+UTOMIRILPJO+STM+STKRORTM+HGSRUGFKJOIJ+SRMIROITME
*R+^LJHG+SJ+TIHT+KTST9+MJ+SJaJH_G9+JO+`LMIRURG9+UTOUJSJH+G+FG+UTMKTFTX_G+FT+]LJ+QGHJUJ+UTOUJSJHMJ+GF
GHIJ9+G+MGaJH9+JF+SJHJUVT+G+JdQHJMGHMJ+QTH+GFLMRYO+P+G+LIRFRWGH+^THKGM+MJOMRaFJM+UTKT+QGHNaTFGME+
2JHT+ QGHG+JF+VTKaHJ+KTSJHOT+ITSG+URJOURG+MJ+VGUJ+MTMQJUVTMG+SJMSJ+JF+KTKJOIT+JO+]LJ
GaGOSTOG+JF+QFGOT+SJ+FTM+VJUVTM+QMRUTFYXRUTM+UTKQHTaGaFJM9+P+SJ`G+SJ+MJH+bJHTM_KRF+SJMSJ+]LJ+MJ
SJMFRXG + SJ+ LOG + ^THKG + SJ +HGWTOGKRJOIT + ]LJ + JMIN +aGMGSG + JO + FG +RSJG+ SJ + LOG+ JMQJURJ + SJ + MLQLJMIG
UTOIROLRSGS+QFNMIRUG+SJ+FG+KJOIJ!+UTKT+MR+ITST+JF+UTMKTM+SJaRJHG+JMIGH+UTO^RXLHGST+MJXsO+FT+]LJ+FG
^GULFIGS+RKGXROGIRbG+IRJOJ+SJ+[H,#1(",/\+P+ULGOIRIGIRbTE+*RO+JKaGHXT9+JMIG+GUIRILS+HJQHJMJOIG+KLUVT
KNM+LOG+FRKRIGURYO+KJOIGF9+^HLIT+SJ+LOG+GUIRbRSGS+JdIHJKGSGKJOIJ+LORFGIJHGF+P+GHIR^RURGF9+]LJ+LOG
QTMRURYO + ^RFTMY^RUG9 + QLJM + ITSG + URJOURG9 + QTH + HJFGIRbG + T + QHTbRMRTOGF + ]LJ + MJG9 + QHJMLQTOJ + LOG

j@ 7cGMJ+vHRIV`T^+*UVLTO!+[6,&K$1%#"43&-1%&O4(H1%&-c,(#\9+JO+)J+F‚0ORIc+IHGOMUJOSGOIJ+SJM+HJFRXRTOM9+2GH_M9+SL+*JLRF9
>?A?E+q[6,&)$1%#"73&-1&/,%&O4(H,%&-1&,(#1\9+JO+)J+FG+LORSGS+IHGOMUJOSJOIJ+SJ+FGM+HJFRXRTOJM9+/GSHRS9+:JFRTSTHT9
>?DlrE

=+>g+=
&&
!"#$%&'$()*+,(-#&&
&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&./&0(#1&-1%-1&1/&2$3#4&-1&5"%#,&-1&6,&!(,-")"73&81(1331&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
&&

UTHHJMQTOSJOURG+OJUJMGHRG+JOIHJ+JF+THSJO+JMQTOINOJGKJOIJ+ROVJHJOIJ+GF+JMQ_HRIL+UTXOTMUJOIJ9+QTH
LOG +QGHIJ9 + P+ FG+ UTKQTMRaRFRSGS +SJ + FGM + UTMGM9 + QTH+ TIHG9 +MRO+ FT+ ULGF +OT + VGaH_G+ OROXLOG+ ^THKG+SJ
bJHSGSEjm+ &VTHG+aRJO9+QLJMIT+]LJ+FG+GOGFTX_G+UTOMIRILIRbG+SJF+KGUHTUTMKT+OT+QLJSJ+MJH+OJXGSG9+P
QLJMIT+]LJ+JMG+GOGFTX_G+G^RHKG+SJMSJ+GKaGM+QGHIJM+FG+LORSGS+QHROURQRGF9+LORSGS+]LJ+JM+UTKT+LO+J`J
JO+HJFGURYO+GF+ULGF+ITST+MJ+THSJOG9+OT+MJ+bJ+QTH+]Lc+JF+UTOTURKRJOIT+SJ+FG+[3,#$(,/1J,\9+JO+JF
MJOIRST+KNM+bGMIT+SJF+IcHKROT9+OT+SJaJH_G+GaGOSTOGH+FGM+KLFJIGM+SJ+LOG+JdQJHRJOURG+KNM+T+KJOTM
ULGOIRIGIRbG9+P+QTH+]Lc+ITSG+bRMRYO+ROIJFJUILGF+[,&5"%#,&-1&2XM,(4\+MJH_G+SJ+JOIHGSG+LOG+VRQYIJMRM
XHGILRIGE+2JHT+FTM+JHLSRITM+KTSJHOTM+IRJOJO+LOG+bJHSGSJHG+GbJHMRYO+UTOIHG+ITST+FT+]LJ+IHGOMURJOSG
JMG+UTOSRURYO+SJ+FT+[21N,-4&,&/,&#"1((,\+QHTQRG+SJ+FG+[)"13)",&1\,)#,\Z+G+MLM+T`TM9+QTOJH+SJ+HJFRJbJ
JF + GIHGUIRbT + [24Y#")4\ + SJ + LOG + STUIHROG + JM + SJMGUHJSRIGHFG + UTKT + URJOURGE + #MIG + ITHQJ + P + QJMGSG
SJMUTO^RGOWG + [)"13#EO"),\ + VGURG + FG + XHGOSJWG + P + FG + aJFFJWG + SJ + LOG + UTOUJQURYO + HJbJFG + LOG
ROUTKQHJOMRYO+ITIGF+SJ+FG+OGILHGFJWG+SJF+GHIJ+QHRKTHSRGF+P+SJ+FG+OGILHGFJWG+KRMKG+SJ+FGM+UTMGME+
'G+UTMKTFTX_G+IHGSRURTOGF+RKQFRUG+MRJKQHJ+LO+GMQJUIT+SJ+[,(#1\+JO+JF+MJOIRST+QHRKTHSRGF+SJF
IcHKROT!+ULGOST+FG+URJOURG+MTaHJQGMG+JF+VTHRWTOIJ+SJF+KLOST+UTHQTHGF9+T+ULGOST+MRKQFJKJOIJ+MJ
UTOMRSJHG+FT+]LJ+JO+JMIJ+KLOST+MJ+KGOR^RJMIG+SJ+FGM+ULGFRSGSJM+IHGOMUJOSJOIJM9+MJ+VGUJ+RKQTMRaFJ
[(1N"%#(,(\ + JF + Ta`JIT + SJF + UTOTURKRJOIT + UTKT + MJ + HJXRMIHGO + FTM + UTOITHOTM + P + FTM + SJIGFFJM + SJ + LO
^JOYKJOT+MJOMRaFJZ+OT+]LJHJKTM+SJURH+]LJ+FG+ROIJFJUURYO+SJ+FGM+HJGFRSGSJM+MLQJHRTHJM+GF+KLOST
UTHQTHGF+MJG+RKQJH^JUIGZ+OT+VGaFGKTM+KNM+]LJ+SJ+ML+[O"M,)"73\+KJOIGF+P+bJHaGFZ+ITST+FT+]LJ+QLJSJ
IHGOMKRIRHMJ+SJ+JMIGM+bRMRTOJM+SJ+FG+HJGFRSGS+IRJOJ+JF+UGHNUIJH+SJ+UFGbJM+JMQJULFGIRbGM+]LJ+GPLSGHNO+G
HJJOUTOIHGH+FG+[5"%"73\+MROIcIRUG+]LJ+MJ+aLMUGE+&VTHG+aRJO9+FG+`LMIG+GQFRUGURYO+SJ+JMIGM+[)/,51%\+G+FG
KLFIRQFRURSGS+RHRMGSG+SJ+FGM+^GUJIGM+SJF+3TMKTM+SJQJOSJHN+SJ+FT+]LJ+MJ+QLJSJ+FFGKGH+LO+GHIJ9+QLJMIT
]LJ + JMG + GQFRUGURYO + MLQTOJ + LOG + URJHIG + HJGFRWGURYO + JMQRHRILGF + T + GF + KJOTM + JF + STKRORT + SJ + URJHIGM
[-"H13%"431%&)43)12#$,/1%\Ejt
#O+ULGOIT+G+FG+URJOURG+KTSJHOG9+OT+MYFT+MJ+FRKRIG9+JO+JF+JMILSRT+SJ+FG+OGILHGFJWG9+G+LOT+SJ+MLM
QFGOTM+SJ+JdRMIJOURG+=FT+]LJ+THRXROG+FG+SRMQJHMRYO+[+4("J43#,/\+UTOIHGHRG+GF+JMQ_HRIL+UTOIJKQFGIRbT=9
MROT+]LJ+SJMKJOLWG9+GSJKNM9+IGOIT+UTKT+QLJSJ9+FTM+UTOIJORSTM+SJ+FG+OGILHGFJWG9+UTKT+IHGIGOST+SJ
GXGHHGH+UTO+KNM+^LJHWG+FG+[H,#1(",/"-,-&,$#734H,\+SJ+FGM+UTMGMZ+P+JMIG+QGHURGFRWGURYO+G+FG+bJW
IJYHRUG+P+IJUOTFYXRUG+SJ+FG+HJGFRSGS+MJ+TQTOJ+HGSRUGFKJOIJ+G+FG+OGILHGFJWG+SJF+GHIJZ+QLJM+JF+GHIJ+OT+JM
OGSG+MRO+QFJORILS+JO+FG+LORSGS9+MRO+HRIKT+P+QHTQTHURYOE+
)RUVT+SJ+TIHT+KTST9+FG+URJOURG+KTSJHOG+JM+^JG9+SJ+LOG+^JGFSGS+]LJ+GUGaG+QTH+GUGQGHGH+FG
OTURYO+KRMKG+SJ+[(1,/"-,-\jA+P+QTH+GHHTXGHMJ+JF+QHJMIRXRT+SJF+`LRURT+[4FM1#"54\+MTaHJ+FGM+UTMGMZjD+SJ
GV_+FG+RHTO_G+SJ+FTM+KTSJHOTM+VGURG+ITST+FT+]LJ9+JO+FGM+URJOURGM+IHGSRURTOGFJM9+RHHGSRG+LOG+MJOMGURYO
SJ+ROXJOLG+aJFFJWGE+2TH+JF+UTOIHGHRT9+JMG+^JGFSGS+SJ+FG+URJOURG+KTSJHOG+FJ+]LRIG+ITST+bGFTH+SJMSJ+JF
QLOIT+SJ+bRMIG+SJ+FGM+URJOURGM+UTOIJKQFGIRbGM+J+ROMQRHGSGM9+QLJM+JF+Ta`JIT+UJOIHGF+SJ+JMIGM+URJOURGM+JM
FG+0ORURSGS+SJ+ITST+FT+]LJ+JdRMIJ9+LORURSGS+]LJ+FG+URJOURG+OT+QTSH_G+QHTQRGKJOIJ+OJXGH+=QLJMIT+]LJ
ITST+FT+G^RHKG+RKQF_URIGKJOIJ=+QJHT+]LJ+QLJSJ9+MRO+JKaGHXT9+KJHUJS+G+ML+KcITST+SRMJUURTOGOIJ9
RKQJSRHOTM+[%,F4(1,(\E

jm 3^E+%JOc+"LcOTO!+[61&=GPG,\9+JO+(OIHTSLUIRTO+XcOcHGFJ+ƒ+F‚5ILSJ+SJM+)TUIHROJM+:ROSTLJM9+2GH_M9+7JXG9+>?At+q[./
=GPG,\9+JO+(OIHTSLUURYO+XJOJHGF+GF+JMILSRT+SJ+FGM+STUIHROGM+VROSsJM9+-LJOTM+&RHJM9+'TMGSG9+>?@mr9+STOSJ+SRUJ+[WWW%"
/,&"-1,T&13&/,&H1-"-,&13&K$1&1%&51(-,-1(,&G&,-1)$,-,T&2,(#")"2,&-1&/,&3,#$(,/1J,&-1&/,&)4%,T&"351(%,H13#1T&/,
2(42",&)4%,&2,(#")"2,&#,HF"Y3&-1&/,&3,#$(,/1J,&-1&/,&"-1,\E
jt 0O+J`JKQFT+SJ+IGF+[)/,51\+JMQJULFGIRbG+JM+JF+JM]LJKG+SJ+LO+VTHYMUTQT9+]LJ+HJQHJMJOIG+MRKaYFRUGKJOIJ+ITSGM+FGM
HJFGURTOJM + JOIHJ + LO + KRUHTUTMKT + VLKGOT + P + JF + KGUHTUTMKTE + 'G + ROIJHQHJIGURYO + SJF + VTHYMUTQT + FFJbGHN + UTOMRXT
GQFRUGURTOJM+ROOLKJHGaFJM+]LJ+OT+QLJSJO+MJH+ROILRSGM+UTO+UJHIJWG+KNM+]LJ+JO+bRHILS+SJ+FG+[O4(H,\+sORUG+SJF+MJH9
^THKG+]LJ+JF+VTHYMUTQT+bJFG+P+HJbJFG+G+FG+bJWE
jA )J+GV_+JF+JKQFJT+JO+FG+JMIcIRUG+KTSJHOG+SJF+IcHKROT+[(1,/"%H4\E
jD 2GHG+FG+XHGO+KGPTH_G+SJ+FTM+JLHTQJTM9+JF+MRXOT+P+JF+QGIHRKTORT+SJ+FG+URJOURG+MTO+FTM+GQGHGITM+UTKQFRUGSTM9+JF+QGQJFJT9
FG+GUIRILS+SJF+URHL`GOTE

=+>j+=
&&
!"#$%&'$()*+,(-#&&
&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&./&0(#1&-1%-1&1/&2$3#4&-1&5"%#,&-1&6,&!(,-")"73&81(1331&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
&&

!/6789:;)-

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&%.<30',+20-'(3&),+,%("($&'/#$.#+#$+5.0)#*+.%&)(.(,$$#''#*9+;0$(,+)#+>?m>9

4+2,*.#%(,%/#$.#+($3'0(),+#$+&2#%B0*+*0%+'&+3,$$&(**&$3#+*&3%5#9+/('&$,9+&%3:C9+>?DAE

'G+^LOSGURYO+SJ+LO+IJKQFT+T+SJ+ULGF]LRJH+TIHT+JSR^RURT+MGXHGSTj?9+GM_+UTKT+SJ+LOG+URLSGS9+QTH
J`JKQFT9+MJ+RORURG+UTO+FG+THRJOIGURYOZ+cMIG+JM9+QHTQRGKJOIJ+VGaFGOST9+LO+HRIT9+PG+]LJ+JMIGaFJUJ+LOG
HJFGURYO+JOIHJ+JF+THSJO+UYMKRUT+P+JF+THSJO+IJHHJMIHJ9+T+JOIHJ+JF+THSJO+SRbROT+P+JF+THSJO+VLKGOTE
*JXsO+JF+$xOGMxHG=*VRFQG=*VxMIHG9+GOIRXLT+UYSRXT+SJ+FG+GH]LRIJUILHG+VROSs9+FTM+URKRJOITM+SJ
LO + IJKQFT + MJ + THRJOIGO + QTH + KJSRT + SJ + LO + XOTKYO + ]LJ + QJHKRIJ + FTUGFRWGH + JF + J`J + JMIJ=TJMIJ9 + P+ JO
UTOMJULJOURG + JF + OTHIJ=MLHZ + JF + ULGSHGST + SJ + FG + aGMJ + MJ + SRMQTOJ + MJXsO + JMITM + J`JME + #F + KRMKT
QHTUJSRKRJOIT + MJ + JOULJOIHG + JO + 3VROG9 + P + 7RIHLaRT@l+ FT + ROSRUG + QGHG + FG + ^R`GURYO + SJF + UGHST + P + SJF
SJULKGOLM9 + FTM + STM + J`JM + MJXsO + FTM + ULGFJM + MJ + THRJOIGaGO + FGM + URLSGSJM + HTKGOGME + )JMUHRaGKTM
aHJbJKJOIJ+JMIJ+QHTUJSRKRJOIT!+MJ+JHRXJ+LOG+UTFLKOG+JO+JF+UJOIHT+SJF+JKQFGWGKRJOIT+JMUTXRST+QGHG
JF+JSR^RURTZ+MJ+TaMJHbG+FG+MTKaHG+SJ+FG+UTFLKOG+QHTPJUIGSG+JO+LO+XHGO+U_HULFTZ+FG+SRMIGOURG+KNdRKG
JOIHJ + FG + MTKaHG + SJF + GKGOJUJH + P+ FG + SJF + GIGHSJUJH+ ROSRUGHN + FG + SRHJUURYO + JMIJ=TJMIJZ + STM + U_HULFTM
KGPTHJM+UJOIHGSTM+JO+FTM+JdIHJKTM+SJ+JMIG+SRMIGOURG9+JOIHJUHLWNOSTMJ+MJXsO+FG+^THKG+SJF+[21J\9
QJHKRIRHNO+IHGWGH+JF+J`J+OTHIJ=MLHE
#MIJ+JM]LJKG+MJ+VG+QJHQJILGST+GQGHJOIJKJOIJ+JO+,UURSJOIJ+SJMSJ+FG+GOIRX|JSGS+VGMIG+JF+^ROGF
SJ+FG+#SGS+/JSRG9+FT+ULGF+OT+IRJOJ+OGSG+SJ+JdIHGkT9+PG+]LJ+MJ+SJMQHJOSJ+SJ+FG+OGILHGFJWG+SJ+FGM
UTMGM9+P+FTM+JSR^RURTM+MGXHGSTM+UTOIROLGaGO+THRJOINOSTMJ+MJXsO+FTM+J`JM+UGHSROGFJME+2JHT+VLaT+GFXT
KNM+RKQTHIGOIJ9+G+MGaJH9+FG+SJQJOSJOURG+SJF+QFGOT+KRMKT+SJF+JSR^RURT+UTO+HJMQJUIT+GF+XHGO+U_HULFT
SJF +XOTKYO!+ IGF+ UTKT + SJKLJMIHGO+OLKJHTMTM + VJUVTM +MJkGFGSTM+SJ+ FTM+JSR^RURTM+ MGXHGSTM +SJ+ FG
GOIRX|JSGS+P+SJ+FG+#SGS+/JSRG9@>+ FGM+QHROURQGFJM+KJSRSGM+SJ+FG+UTOMIHLUURYO9+IGOIT+JO+VTHRWTOIGF
UTKT+JO+bJHIRUGF9+MJ+SJSLUJO+SJ+FG+SRbRMRYO+HJXLFGH+SJ+LO+U_HULFT+JO+JF+]LJ+MJ+ROMUHRaJ+JF+HJUINOXLFT
SJ+FG+aGMJZ+P+VGP+aLJOGM+HGWTOJM+QGHG+UHJJH+]LJ+JMIJ+U_HULFT+OT+JM+TIHT+]LJ+JF+SJF+XOTKYO+]LJ+MJHb_G
QGHG+FG+THRJOIGURYOE
%JIJOSHJKTM9 + UTKT + QGHIRULFGHKJOIJ + MRXOR^RUGIRbT + SJMSJ + OLJMIHT + QLOIT + SJ + bRMIG9 + FG
IHGOM^THKGURYO+SJF+U_HULFT9+HJ^FJ`T+OGILHGF+SJF+KTbRKRJOIT+UJFJMIJ9+JO+JF+HJUINOXLFT9+QTH+KJSRGURYO
SJ+FG+UHLW+SJ+FTM+J`JM+UGHSROGFJME+*J+HJUTOTUJHNO+JO+JMITM+IHJM+JFJKJOITM+FTM+IcHKROTM+SJ+FG+"HGO
.H_GSG+JdIHJKT=THRJOIGF9+UTHHJMQTOSRJOST+JF+U_HULFT+GF+3RJFT9+FG+UHLW+GF+VTKaHJ+P+JF+HJUINOXLFT+=ULPG
^THKG+KNM+MRKQFJ+JM+JF+ULGSHGST=+G+FG+.RJHHGE
&SbRHIGKTM+TIHT+GMQJUIT+SJF+HRIT+SJ+FG+THRJOIGURYO!+FG+^R`GURYO+SJ+LO+UJOIHT+IJHHJMIHJ+]LJ+MJHN
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=+>@+=
&&
!"#$%&'$()*+,(-#&&
&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&./&0(#1&-1%-1&1/&2$3#4&-1&5"%#,&-1&6,&!(,-")"73&81(1331&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
&&

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=+>m+=
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!"#$%&'$()*+,(-#&&
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&&

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KTKJOIT + UTKT + LO + UHRMIGF + ROLOSGST + SJ + FLW9 + T + UTKT + JF + .JKQFT + SJ + *GFTKYO + TULQGST + QTH + FG
;+1*+I3P+E

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=+>t+=
&&
!"#$%&'$()*+,(-#&&
&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&./&0(#1&-1%-1&1/&2$3#4&-1&5"%#,&-1&6,&!(,-")"73&81(1331&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
&&

!/6789:;).

=:)B@DC;:@BD;)A=:)=B6=M;)=>):/)D7B8@!/)@B:ED@!/

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#+($3'0(),+#$+&2#%B0*+*0%+'&+3,$$&(*&$3#+*&3%5#9+/('&$,9+&%3:C9+>?DAE

)J+JOIHJ+FG+HR]LJWG+SJ+FTM+M_KaTFTM+]LJ+MRHbJO+QGHG+JdQHJMGH+FG+K_MIRUG+RMFNKRUG9+JFJXRHJKTM+FG
RKGXJO+ SJF + JMQJ`T9 + QLJM + MJ + QHJMIG + KJ`TH + ]LJ+ ULGF]LRJH + TIHG + QGHG + KTMIHGH + FG + OGILHGFJWG+ SJ + JMIG
K_MIRUG9+JM+SJURH9+ML+UGHNUIJH+JMJOURGFKJOIJ+[N37%#")4\9+aGMGST+JO+LOG+QJHUJQURYO+SRHJUIGE+#F+JMQJ`T
JM+JO+J^JUIT+JF+M_KaTFT+KNM+SRHJUIT+SJ+FG+bRMRYO+JMQRHRILGF9+SJ+FG+UTOIJKQFGIRT9+P+JO+XJOJHGF+SJ+FG
XOTMRM9+QLJM+G+IHGbcM+SJ+cF+MJ+UTOUHJIG+FG+HJFGURYO+JOIHJ+JF+ML`JIT+P+JF+Ta`JITE
&F+KRMKT+IRJKQT9+QLJSJ+SJKTMIHGHMJ+G+QGHIRH+SJ+JMIJ+J`JKQFT+SJ+]Lc+KGOJHG+FTM+SR^JHJOIJM
MRXOR^RUGSTM + SJ + LO + M_KaTFT + HJFGIRbTM + G + SRMIROITM + ORbJFJM + SJ + HJGFRSGS9 + ]LJ + G + bJUJM + QGHJUJO
UTOIHGSJURHMJ9 + QTMJJO + ITSTM + LOG + QHT^LOSG + bROULFGURYO + JOIHJ + M_9 + P+ MJ + JOULJOIHGO + HJLORSTM + JO + JF
MRXOR^RUGST+KNM+JFJbGST+SJ+FG+RKGXJO9+]LJ+JM+LO+MRXOR^RUGST+QLHGKJOIJ+JMQRHRILGFE
#MIGM+ROIJHQHJIGURTOJM+KsFIRQFJM+^THKGO+QGHIJ+SJF+UGHNUIJH+QHTQRT+SJF+M_KaTFTZ+JM+GV_+STOSJ
HJMRSJ + ML + bJOIG`G + UTO + HJMQJUIT + G + FG + SJ^RORURYO + UTOUJQILGFE+ /RJOIHGM + ]LJ + JMIG + sFIRKG + ROIJXHG+ LO
UTOUJQIT+SGST+JO+LO+UTOIJdIT+FYXRUT+P9+JO+UTOMJULJOURG9+FT+SJIJHKROG+JO+LO+URJHIT+ORbJF9+JF+M_KaTFT
QJHKGOJUJ+GaRJHIT9+MRO+QTH+JFFT+MJH+RKQHJURMTZ+JM+GOIJ+ITST+LOG+[)/,51\+]LJ+SG+GUUJMT+G+HJGFRSGSJM
]LJ+MLQJHGO+JF+NKaRIT+SJ+FG+HGWYOE
(XLGFKJOIJ + QLJSJO + JMIGM + [(1,/"-,-1%\+ ]LJ + MLQJHGO + FG + HGWYO + MJH + FFGKGSGM + [51(-,-1%\Z + J
ROMRMIRHJKTM + MTaHJ + JMIJ + VJUVT9 + QLJM + SJKGMRGST + UTHHRJOIJKJOIJ + MJ + GSKRIJ + VTP + JO + S_G + ]LJ + JF
MRKaTFRMKT+QLJSJ+IJOJH+LOG+JdQFRUGURYO+QLHGKJOIJ+QMRUTFYXRUGE+'G+ROIJHQHJIGURYO+QMRUTFYXRUG+SJ+LO
M_KaTFT+OT+QLJSJ+SJMUGHIGHMJ+SJ+GOIJKGOTZ+QLJSJ+UTHHJMQTOSJH+G+LOG+QTMRaRFRSGSZ+JM+QHJURMT9+QTH+JF
UTOIHGHRT9+HJUVGWGH+FG+IJMRM+MJXsO+FG+ULGF+JF+bJHSGSJHT+THRXJO+SJ+LO+M_KaTFT+MJ+JOUTOIHGH_G+JO+JF
MLQLJMIT + ["3)43%)"13#1&)4/1)#"54\9+JM +SJURH9+JO+FGM+ QHT^LOSRSGSJM+ UGYIRUGM+ SJF+ GFKG+VLKGOGE+ #F
UTOIJORST + SJ + LO + M_KaTFT + OT + JM + RHHGURTOGF9 + MROT9 + MR + QLJSJ + SJURHMJ9 + [%$2(,Q(,)"43,/\9+ JM + SJURH9
QLHGKJOIJ+JMQRHRILGFE+$T+JKRIRKTM+UTO+JMIT+LOG+OLJbG+IJMRM9+MROT+]LJ+OTM+HJ^JHRKTM+GF+UTOTURKRJOIT
SJF+MRKaTFRMKT+IGF+UTKT+MJ+VGFFG+JO +ITSG+IHGSRURYO+GLIcOIRUG9+P+IGF+UTKT+VG+MRST+JdQLJMIT+ QTH
GLITHJM+UTKT+%JOc+"LcOTO9+&OGOSG+3TTKGHGMpGKP+P+vHRIV`T^+*UVLTOE
$LJMIHT + Ta`JIT + JM + LOG + ULJMIRYO + SJ + QHROURQRT! + FG + MRKaYFRUG + SJF + JMQJ`T + JM + G + JMIJ + HJMQJUIT
QGHIRULFGHKJOIJ+ROMIHLUIRbG9+PG+]LJ+JF+JMQJ`T+JM9+JO+LO+URJHIT+MJOIRST9+JF+M_KaTFT+SJ+FTM+M_KaTFTME+#O
J^JUIT9+QLJSJ+UTOMRSJHGHMJ+G+FG+MRKaYFRUG+UTKT+JF+HJ^FJ`T+^RXLHGST+SJ+FGM+RSJGM+OT=UGLIRbGM9+T+SJ+FTM
GH]LJIRQTME + #F + GQYMITF + 2GaFT + SRUJ+ JO +JMIJ +MJOIRST! + [?1H4%& ,+4(, &)4H4 &24( & 1%21M4T& -1& H,31(,
4%)$(,T&21(4&13#43)1%&51(1H4%&),(,&,&),(,W&.3&1/&2(1%13#1T&H"&)"13)",&1%&2,()",/^&21(4&13#43)1%&/4
)434)1(Y&#4-4&)4H4&G4&%4G&)434)"-4\+e(+3THROIRTM9+>j=>gfE
„hLc+JM+JMJ+JMQJ`T+JO+JF+]LJ+JF+M_KaTFT+GQGHJUJ+UTKT+RKGXJO+SJ+LO+GH]LJIRQT+JIJHOT…+&OIJ
ITST+FG+RKGXROGURYO9+MR+MJ+QRJOMG+JO+JF+UGHNUIJH+^RXLHGIRbT9+[2/X%#")4\9+SJF+M_KaTFT9+UTOIHGHRGKJOIJ+GF
SJ+FG+OTURYO+GaMIHGUIGE+2JHT+JO+LO+MJOIRST+KNM+GKQFRT+JM+FG+HGWYO9+]LJ9+JO+IGOIT+]LJ+UGQGURSGS+QGHG
UTOTUJH+P+SRMUJHORH9+HJ^FJ`G+JF+JMQ_HRIL+QLHTZ+P9+JO+LO+MJOIRST+GsO+KNM+GKQFRT9+JF+JMQ_HRIL+KRMKT+JM+JF
JMQJ`T+SJF+*JH+GaMTFLITE+2FTIROT+SRUJ+SJF+JMQ_HRIL+GaMTFLIT+eOT†Mf+]LJ+KRHG+GF+0OT+RO^RORIT+P+]LJ9+UTO
JMIG+bRMRYO9+]LJ+`GKNM+FFJXG+G+GMRKRFGH+JOIJHGKJOIJ+ML+Ta`JIT9+QTOJ+JO+JbRSJOURG+JF+KLOST+UTKT+LOG
RKGXJO+MRJKQHJ+ROUTKQFJIGZ+JM+UTKT+LO+HJ^FJ`T+]LJaHGST+ROROIJHHLKQRSTE

=+>A+=
&&
!"#$%&'$()*+,(-#&&
&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&./&0(#1&-1%-1&1/&2$3#4&-1&5"%#,&-1&6,&!(,-")"73&81(1331&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
&&

*JXsO+LOG+MJOIJOURG+SJF+2HT^JIG+/LVGKKGS9+[+,G&2,(,&),-,&)4%,&$3&H1-"4&2,(,&2$/"(/,T&G
K$"#,(/1&/,&+1(($HF(1W&h&/4&K$1&%"(51&2,(,&2$/"(&1/&)4(,J73&1%&1/&(1)$1(-4&d-+"*(i&-1&:"4%\E+#F
UTHGWYO9+JF+bJHSGSJHT+UJOIHT+SJF+MJH+VLKGOT9+JM+JOITOUJM+UTKT+LO+JMQJ`T+]LJ+SJaJ+MJH+QLHT+QGHG
QTSJH+HJURaRH+FG+FLW+SJF+JMQ_HRIL+SRbROTE
2LJSJ+JMIGaFJUJHMJ+LOG+UTKQGHGURYO+UTO+JF+STXKG+SJF+-LSRMKT+.{UVGO+SJF+$THIJE+[!4-4%&/4%
%1(1%&24%113&13&1/&4("N13&/,&"/$H"3,)"73&1%2"("#$,/T&-1&/,&H"%H,&H,31(,&K$1&F("//,(&1%#X&13&/,
3,#$(,/1J,&-1/&1%21M4W&;"T&24(&1/&)43#(,("4T&/,%&2,%"431%&51/,3&1/&1%21M4T&Y%#1&1%&13#43)1%&"35"%"F/1T
)4H4&%"&1%#$5"1(,&)$F"1(#4&-1&24/54W&;"&/4%&H,/4%&213%,H"13#4%&%43&-4H1a,-4%&G&-1%#($"-4%&%1NV3
/,%&"3-"),)"431%&-1/&U,1%#(4T&)1%,3&13#43)1%&-1&H,3"O1%#,(%1W&.3#43)1%&1/&1%2E("#$&%1&,)/,(,T&)4H4
)4((1%243-1&,&%$&3,#$(,/1J,&2(42",T&G&13&Y/&3,-,&21(H,31)1&4)$/#4W&.%&)4H4&2$/"(&$3&1%21M4WWW\
e!%$3NQH"fE + #MIG +^HGMJ+ QTSH_G+ JOUTOIHGHMJ+ JO+ LO + IJdIT + ML^_9+ JM +SJURH9+ JO+ LO+ IJdIT + SJ+ FG + K_MIRUG
RMFNKRUGE
3LGOST+JF+UTHGWYO+MJ+UTObRJHIJ+JO+LO+JMQJ`T+QLHT9+JOITOUJM+JF+KLOST+MJ+HJ^FJ`G+JO+cF+IGF+UTKT
HJGFKJOIJ+JM9+JM+SJURH9+MRO+FGM+SJ^THKGURTOJM+SJaRSGM+GF+QJOMGKRJOIT+QGMRTOGFE+2TH+TIHG+QGHIJ9+JF
UTHGWYO+HJ^FJ`G+FG+bJHSGS+SRbROG+SJ+KGOJHG+KNM+T+KJOTM+SRHJUIG9+JM+SJURH9+QHRKJHT+JO+^THKG+SJ
M_KaTFTM+eRMVxHxIf9+SJMQLcM+JO+^THKG+SJ+FGM+ULGFRSGSJM+JMQRHRILGFJM+e€R^xIf+T+SJ+FGM+JOIRSGSJM+eG{PxOf
]LJ+JMINO+JO+FG+aGMJ+SJ+FTM+M_KaTFTM9+P+^ROGFKJOIJ+UTKT+bJHSGS+SRbROG+eVG]n]GVfE
%JUTHSJKTM+G]L_+JF+JMQJ`T+MGXHGST9+]LJ+SJMJKQJkG+LO+QGQJF+IGO+RKQTHIGOIJ+JO+FGM+IHGSRURTOJM
SJF+.GT+P+SJF+*VROITE+#F+JMQJ`T+MGXHGST+SJF+*VROIT9+UTOMJHbGST+JO+JF+IJKQFT+SJ+(MJ9+MRXOR^RUG+FG
bJHSGS + T + FG + bJHGURSGSE + *JXsO + FG + FJPJOSG9 + FTM + SRTMJM + FT + ^GaHRUGHTO + QGHG + ]LJ + FG + SRTMG + SJF + *TF
&KGIJHGML+MGFRJHG+SJ+FG+XHLIG+JO+FG+]LJ+MJ+VGa_G+HJIRHGST+P+QGHG+IHGJH+GM_+FG+FLW+GF+KLOSTE+3LGOST+FG
SRTMG+FGOWY+LOG+KRHGSG+GF+JdIJHRTH+bRT+ML+QHTQRG+FLW+JO+JF+JMQJ`T9+FG+ITKY+QTH+LO+MJXLOST+MTF+P9+QTH
ULHRTMRSGS9+MGFRY+SJ+FG+ULJbGE+#MIT+ROSRUG9+JOIHJ+TIHTM+MRXOR^RUGSTM9+]LJ+JF+UTHGWYO9+QTH+ML+UGQGURSGS
SJ+HJ^FJ`GH+=QTH+ML+bJHGURSGS=9+GIHGJ+G+FG+FLW+SRbROGE
.TST + FT + ]LJ+ SJQJOSJ+ SJ + FG+ FJP+ SJ + FG+ HJ^FJdRYO + QLJSJ + RXLGFKJOIJ+ MJHbRH+ QGHG+ SJMUHRaRH+ JF
QHTUJMT+JMQRHRILGF+UTHHJMQTOSRJOIJE+*JXsO+JMITM+IcHKROTM9+FG+RKGXJO+HJ^FJ`GSG+MJ+UTKQTHIG+SJ+LOG
KGOJHG+RObJHMG+UTO+HJMQJUIT+G+ML+RKGXJO+SJ+THRXJOE+&M_9+FG+%JGFRSGS+SRbROG9+]LJ+FT+GaGHUG+ITST9
GQGHJUJ+JO+ML+RKGXJO+JMQJULFGH+UTKT+LO+UJOIHT+HJSLURST+G+LO+QLOIT+]LJ+OT+MJ+QLJSJ+GFUGOWGHE+'G
aTOSGS + SJF + QLHT + *JH + GQGHJUJ+ JO + ML + HJ^FJ`T + UTKT + LO + HRXTH + ]LJ + ^LFKROG9 + FG + JIJHORSGS + UTKT + LO
KTKJOIT+^LXRIRbT9+P+GM_+MLUJMRbGKJOIJE
'G+FJP+SJ+FG+HJ^FJdRYO+MRXOR^RUG+IGKaRcO+]LJ+FG+RKGXJO+HJ^FJ`GSG+MJ+QGHJUJ+G+ML+RKGXJO+SJ
THRXJO+SJMSJ+LO+QLOIT+SJ+bRMIG+ULGFRIGIRbT9+GLO]LJ+SRMIROXLRcOSTMJ+SJ+JFFG+KGIJHRGFKJOIJZ+JF+M_KaTFT
JM + ML + GH]LJIRQT9 + JO + FG + KJSRSG + JO + ]LJ + MJ + VGUJ + GaMIHGUURYO + SJ + MLM + F_KRIJM + KGIJHRGFJM + =ROUFLMT
RKGXROGaFJM=+P+JO+]LJ+OT+MJ+UTOMRSJHG+MROT+ML+OGILHGFJWG+QHTQRGE
'G+FJP+SJ+FG+HJ^FJdRYO+MRXOR^RUG+QTH+TIHG+QGHIJ+]LJ+FG+RKGXJO+SJ+THRXJO+GQGHJUJ+SJ+KGOJHG+KNM
T+KJOTM+UTKQFJIG+P+QHJURMG9+MJXsO+FG+^THKG+P+FG+QTMRURYO+SJF+JMQJ`TE+#MIT+JM+RXLGFKJOIJ+bNFRST+QGHG
FG+HJ^FJdRYO+JMQRHRILGF9+P+JM+QTH+JFFT+]LJ+FTM+KGJMIHTM+SJF+*L^RMKT+SRUJO+VGaRILGFKJOIJ+]LJ+)RTM+MJ
KGOR^RJMIG+G+ML+MJHbRSTH+MJXsO+FG+SRMQTMRURYO+T+FGM+GQIRILSJM+SJ+ML+UTHGWYOE+#O+LO+URJHIT+MJOIRST9
)RTM+MJ+GSGQIG+G+FG+^THKG+JMQRHRILGF+SJF+UTHGWYO9+GF+RXLGF+]LJ+JF+GXLG+GSTQIG+JF+UTFTH+SJ+ML+HJURQRJOIJE
#O+JMIJ+MJOIRST9+JF+JMQJ`T+SJF+UTHGWYO+JM+RXLGFKJOIJ+UTKQGHGST+UTO+FG+FLOG9+]LJ+HJ^FJ`G+FG+FLW
SJF+MTF+SJ+KGOJHG+KNM+T+KJOTM+QJH^JUIG9+MJXsO+ML+QTMRURYO+JO+JF+JMQGURTE+'G+FLOG+JM+JF+GFKG+eOx^Mf9
]LJ+JM+RFLKROGSG+QTH+JF+JMQ_HRIL+QLHT+eH†Vf9+QJHT+]LJ+QJHKGOJUJ+QHRMRTOJHG+SJ+FT+IJKQTHGF9+SJ+KTST
]LJ+ML^HJ+LO+UGKaRT+eIGFpnOf+JO+JF+ORbJF+SJ+ML+HJUJQIRbRSGSE
#F+QHTUJMT+SJ+FG+HJ^FJdRYO+JM+]LRWN+JF+M_KaTFT+KNM+QJH^JUIT+SJF+[2(4)1%4\+SJF+UTOTURKRJOIT9
]LJ+FG+HGWYO+OT+GFUGOWG+G+GXTIGH+UTKQFJIGKJOIJ+JO+ULGOIT+G+ML+MJOIRSTE+#F+JMQJ`T+JM+FT+]LJ+HJ^FJ`G9
JO+FG+KJSRSG+JdGUIG+JO+]LJ+FT+HJ^FJ`GE+&F+RXLGF9+JF+UTHGWYO+=T+JF+JMQ_HRIL+SJ+UTOTURKRJOIT=9+]LJ
HJ^FJ`G+JF+KLOST+KsFIRQFJ9+JM+JMIJ+KLOST9+G+FG+KGOJHG+SJ+JMIJ+KLOST9+G+MGaJH9+UTO+FG+MJQGHGURYO
JOIHJ+JF+Ta`JIT+P+JF+ML`JIT9+JF+ROIJHRTH+P+JF+JdIJHRTHE+#O+FG+KJSRSG+JO+]LJ+JF+JMQJ`T+SJF+UTHGWYO+HJ^FJ`G
GF+*JH+SRbROT9+cF+FT+JM9+P+JFFT+G+FG+KGOJHG+JOIJHG9+ROSRbRMRaFJ9+SJF+*JH+QLHTE+#O+JMIJ+MJOIRST9+JF+GQYMITF
2GaFT+SRUJ!+[81(4&13&1/&2(1%13#1&%1&(1O/1M,&13&34%4#(4%&/,&)/,("-,-&-1/&;1a4(&,&(4%#(4&-1%)$F"1(#4T&G
%4H4%&"/$H"3,-4%&13&/,&H"%H,&"H,N13T&-1&$3,&)/,("-,-&,&4#(,WWW\E

=+>D+=
&&
!"#$%&'$()*+,(-#&&
&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&./&0(#1&-1%-1&1/&2$3#4&-1&5"%#,&-1&6,&!(,-")"73&81(1331&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
&&

3TOMRSJHJKTM+GVTHG+JF+KRMKT+M_KaTFT+SJMSJ+TIHT+QLOIT+SJ+bRMIGE+:GMGO+GF=-GMHn9+LOT+SJ+FTM
QHRKJHTM+K_MIRUTM+SJF+(MFGK9+UTKQGHG+GF+KLOST+JO+ML+HJFGURYO+UTO+)RTM+UTO+LO+HJ^FJ`T+]LJ+JF+MTF
QHTPJUIG+ MTaHJ+LO +QFGOT+SJ+GXLGE+.TST+ FT +]LJ+QTSJKTM +QJHURaRH+ SJ+JMJ+HJ^FJ`T+QHTbRJOJ+SJ+ML
RKGXJO+THRXROGF9+QJHT+cMIG+JM+ROSJQJOSRJOIJ+SJ+ML+RKGXJO+HJ^FJ`GSG9+J+RO^RORIGKJOIJ+MLQJHRTH+G+cMIGE
2GHG+UTKQHJOSJH+JMIJ+M_KaTFT+MJXsO+FG+STUIHROG+SJ+FG+[$3")"-,-&-1&/,&1\"%#13)",\+ejk,+-,#&,/Q
k$ML-f9+]LJ+TULQG+LO+FLXGH+^LOSGKJOIGF+JO+FG+K_MIRUG+RMFNKRUG9+JM+OJUJMGHRT+HJUTHSGH+]LJ+FG+FLW
HJQHJMJOIG+GF+*JH+P+]LJ9+JO+UTOMJULJOURG9+FG+TMULHRSGS+HJQHJMJOIG+FG+OGSGZ+FT+]LJ+JM+bRMRaFJ+JM+FG
QHJMJOURG9+P+FT+]LJ+OT+JM+bRMRaFJ+JM+FG+GLMJOURGE+*J+bJ+JOITOUJM+SJF+JMQJ`T+FT+]LJ+JO+cF+MJ+HJ^FJ`GE+'G
JdRMIJOURG+SJF+JMQJ`T+MJ+SJMULaHJ+QTH+FG+QTMRaRFRSGS+SJ+JMJ+HJ^FJ`TE+#O+IGOIT+]LJ+IGF9+OT+TaMIGOIJ9+MRO
FG+FLW+]LJ+UGJ+MTaHJ+cF+JF+JMQJ`T+JM+RObRMRaFJ9+FT+]LJ+MRXOR^RUG9+MJXsO+JF+MJOIRST+SJF+M_KaTFT9+]LJ+OT
VGP+JMQJ`T+JO+IGOIT+]LJ+IGFE
&+QGHIRH+SJ+G]L_9+JdRMIJ+LOG+UTOJdRYO+UTO+FG+IJTH_G+ROSRG+SJ+FG+/xPx9+FG+^LJHWG+SRbROG+KJSRGOIJ
ULPT+QTSJH+JF+RO^RORIT+MJ+KGOR^RJMIG+SJ+KGOJHG+^RORIG+P+MJ+SRMRKLFG+IHGM+JF+bJFT+SJ+FG+RFLMRYOE+#MIG
RFLMRYO+UTOMRMIJ+`LMIGKJOIJ+JO+JF+VJUVT+SJ+]LJ+FG+KGOR^JMIGURYO9+JM+SJURH9+RXLGFKJOIJ+JF+HJ^FJ`T9
GQGHJUJ+UTKT+GFXT+]LJ+JdRMIJ+GQGHIJ+SJ+FG+LORSGS+RO^RORIGE+#M+FG+/xPx+FT+]LJ+QHTSLUJ+JMIJ+J^JUIT9+FG
/xPx+ ]LJ9 + ^LJHG+ SJ + FTM + HJ^FJ`TM + ]LJ + MTaHJ + JFFG + MJ + QHTPJUIGO9+ OT + JM + OGSG + KNM + ]LJ + LOG + MRKQFJ
QTMRaRFRSGS+T+LOG+UGQGURSGS+SJF+RO^RORITE
*R+JF+KLOST+JO+IGOIT+]LJ+ITIGFRSGS+JM+JF+JMQJ`T+SJ+)RTM9+JF+VTKaHJ9+JO+ML+OGILHGFJWG+THRXROGF9
]LJ+JO+M_+KRMKG+HJMLKJ+JF+KLOST+JOIJHT+ULGFRIGIRbGKJOIJ9+JM+RXLGFKJOIJ+JF+JMQJ`T+SJF+0OTE+&
QHTQYMRIT+SJ+JFFT9+/LVPnS=)nO+(aO+i&HGan+eSJF+MRXFT+z((f+JMUHRaJ!+[:"4%&d,/Q+,KKi&K$"%4&51(&/,%
1%13)",%&d,RGP3i&-1&;$%&=4HF(1%&21(O1)#4%&d,/Q,%HP&,/Q+$%3PiT&K$1&1/&3VH1(4&34&24-(E,&,N4#,(T&GT
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VJOUVRSTM+SJ+THXLFFT!+=[A$,/&34%4#(4%T&,/F,a"/1%T&H,1%#(4%T&)4H2,a1(4%T&34&+,//,(X%&4#(4%&"N$,/1%
13 & #4-, & /, & #"1((,W & ;,F1T & 2$1%T & K$1 & 34%4#(4% & %1(E,H4% & ),2,)1% & -1 & 1-"O"),( & -43-1 & K$"1(,% & 4#(4
H43,%#1("4&HX%&F1//4T&,%4HF(4%4&G&(1%2/,3-1)"13#1\E+#F+QH_OURQJ+JMULUVG9+P+FFJOT+SJ+RHG+THSJOG
]LRIGH + FTM + GOSGKRTM + QGHG + ]LJ+ FTM + GFaGkRFJM9 + FTM +SRJW + UTKQGkJHTM9+ GFF_ + GaGOSTOGSTM + ]LJSJO + QTH
MRJKQHJ+MTaHJ+JF+UGaGFFJIJ+SJ+FG+GFIG+ULKaHJHGE+2JHT+FTM+KGJMIHTM+MTO+VNaRFJM9+P+MJ+VGUJO+GFGM+QGHG
bTFGH9+UTO+IHTWTM+SJ+HRQRGEEE+0OT+G+LOT+aG`GO+QJHT+GFF_+STOSJ+UGJO+UGbGO+ML+ILKaGE+4+JF+QTaHJ
/GOTFJ9+JF+KGJMIHT+/GOTFJ9+`LMIT+ULGOST+ITKG+RKQLFMT+P+MJ+FGOWG9+JMULUVG+LOG+bTW+]LJ+MLHXJ+SJF
KLHT9+LOG+bTW+GKGSG9+ScaRF9+MT^TUGSG9+]LJ+XRKJ+P+FFTHGEEE+~[wU,34/1T&,H,-4&U,34/1T&4+&H,1%#(4
U,34/1x&./&(1)"4&H$(4&H1&1%#(1)+,&G&,2("1#,&H"%&%134%&G&H"&3"a4&N"H1T&G&%1&1\#"3N$1&H"&5"-,\E
'G+JMULUVG+ KLP+ UJHUG+P+ ]LJSG + UTO^LMTE+ )JMSJ +JF + UGaGFFJIJ+ SJ+ FG + GFIG +ULKaHJHG+ MJ+ FGOWG
/GOTFJ+P+GaG`T9+JO+JF+MLJFT9+GUGaG+ML+bLJFT9+P+GFF_9+STOSJ+UGJ9+aHTIGO+GXLGM+UFGHGM9+MGFGSGM9+GKGHXGM9
QLJM+UTO+FG+K_MJHG+TOSG+MJ+^LOSJO+MLM+FNXHRKGME+

=+gg+=

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