!

!"#$%&'!"#$%&'(%)(%*(+,-.(%*(%,),$/
("')%*'+,-'.-/0,1/'2",$$/3 "

451%$&'6$7'8"-9$,+%':7'(/01/;'<)"=5"/1$/
>(?@ABCDEFDGCHC

6/1%)')%#$,',-'/51%$

#$"%&'()*"+$,+)(-.($/-"+0",$(12(-/34-"'+"-'2./*$"5"$26"+$,+)(-.($/-"+0",$(12(-/34-"'+"0(7*$"
5"-'*.+$)+0/+$8"#$/2'(9",$(12(-/34-"+0"+.":+,-3/-%+0/*"'+";$(12(-/34-"'+".-"#$)2+.-"'+"
<+'()(0-"'+".-"=0(>+3$('-'"'+"?-3>-3'"'*0'+"$+"@3-'298"#0"$2",3*@3-%-"..+@9"-"*)2,-3"
.-",*$()(90"'+"A+B+"'+"C+$('+0/+$"5".-"'+"D0$/32)/*3"'+"+$/2'(-0/+$"'+"%+'()(0-"5"%&'()*$"
3+$('+0/+$"'+"?-3>-3'"<+'()-."E)F**.G"H2B/"<+'()-."E)F**.G"5"I*$/*0"=0(>+3$(/5"
<+'()-."E)F**.G"'23-0/+"$2$"3*/-)(*0+$8"#$/2'(9"20"-7*"-'()(*0-."+0"'()F*",3*@3-%-"
+0B*)-'*"+0",$(12(-/34-"B*3+0$+"'+"0(7*$"5"-'*.+$)+0/+$8"H3-6-J9")*%*"%(+%63*"'+".-"
K-)2./-'"<&'()-"'+."L<+/3*,*.(/-0"E/-/+"?*$,(/-."'+"<-$$-)F2$+//$LG"'+."L"M-+6.+3"
NF(.'3+0$"?*$,(/-."LG"L"N-%63('@+"M2('-0)+"N.(0()G"N-%63('@+"?*$,(/-."L"5"'+."
LN-%63('@+";$5)F(-/3()"-0'"C+$+-3)F"D0$/(/2/+L8"H*%*"$+%(0-3(*$"-02-.+$")*0"#3()O"
#3(O$*0G"6+)-'*",*3".-"=0(>+3$('-'"'+"?-3>-3'8"H(+0+"-3/4)2.*$")(+0/4B()*$",26.()-'*$"+0"
.-",3+0$-",$(12(P/3()-"(0/+30-)(*0-."+0"+."LD0/+30-/(*0-."A*230-."*B";$5)F(-/35L8"
Q)/2-.%+0/+"3+$('+"+0";2+3/*"C()*"+0"'*0'+"..+>-")+3)-"'+">+(0/+"-0*$"+0"$2",3P)/()-"'+"
.-",$(12(-/34-")*%*",$()*/+3-,+2/-"'+"0(7*$G"-'*.+$)+0/+$G",-3+J-$G"B-%(.(-$"5"@32,*$8"
#$)3(6+",-3-".-",3+0$-".*)-."+"(0/+30-)(*0-."5"F-"%-0/+0('*"20",3*@3-%-"3-'(-."'+"-2/*"
-52'-"'23-0/+".*$"R./(%*$"'(+S"-0*$8

6$7'I5/0'47'6JK"-/
L,+"M%'>01,$0")1/
:5/*/N/;'<O
 W

P"$)1',+"1"%0AAHCCDG"Q/R5/);"<5,$1%'O"M%7""!"#$%"&'()&*+,#-$#.&/%"#.0,&1,#2#.3&
4556&789&:+;&<5=63&10>?0-3&7@7;'BBDSE7'2T!7'UDVDW'ADGFACXCG7'Q%.*'),01'9%$'
$,R")1$/1"%0'1%'1Y,'!"#$/$*'%9'Q%0R$,));'Z(47
2%+%)'-%)'+,$,MY%)'Y/0')"+%'$,),$K/+%)'.%$',-'/51%$'+,'/M5,$+%'M%0'-/'-,*'+,'-%)'
./[),)'')"R0/1/$"%)'+,'-/)'Q%0K,0M"%0,)'</0/N,$"M/0/','>01,$0/M"%0/-'+,-'6,$,MY%'
+,-'/51%$;'=5,+/'.$%Y"#"+/'-/'$,.$%+5MM"\0''./$M"/-'%'1%1/-'"0M-5)%'.%$'N,+"%)'
,-,M1$\0"M%)')"0'-/'/51%$"]/M"\0'+,-'/51%$'.%$',)M$"1%7

6T6>Q42^O>4
Q"/*'-$".-$"%2J+3+$"5"F*%63+$"12+"F-0"$2B3('*"-.@20-"
'+)+,)(90"-%*3*$-G"12+"F-0"$('*"-6-0'*0-'*$"$(0"3-S90G"
12+"F-0"$2B3('*"-.@20-"B32$/3-)(90",*3")2.,-"'+"-.@2(+0"-"
12(+0"F-0"-%-'*G"12+"-20"-%-0"5"12+"$(+%,3+"-%-3-08";-3-"
/*'*$"+..*$">-"+$/+".(63*8

A1?02"+&2+-&0'02"+20&%,&0B+C&2+-&D?%"0B+-&.+2E?-+-&(&"%-+,0"+-&
.+B+&?20&0F%.#,,0&-#2&2#"+A&GHC8&I8&J02$0K

!"#$#%&'()#$*&+,-&((#$&%$&+,#*.$/.(0.+.
*&$%#+$#%/#+1$%#$#%&'()#2$(-&3,&2$&45(&+-6#2$*&
+.3.(#+$#%#+2$+&$/7&6&$&3$73$#/0-&3,&$+#3.
8$6-6-9-:#*.(;$<7$,(7&3.$=.6-#%2$+7$:#(:#=#*#2
&+2$:./.$%#+$*&+:#('#+$&%>:,(-:#+2$?7&$57(-9-:#3
%#$#,/@+9&(#!$@?'L2&H0CM+

UQ.@20-">+S"F-$")*0*)('*"-"-.@2(+0"12+"0*".+"(0/+3+$+"+."'(0+3*G"+.",*'+3"*".-"@.*3(-V"E("
$-6+$"'+"-.@2(+0"-$4G",*3"B->*3G"5*"12(+3*")*0*)+3.+888+$)346+%+8
8"-9$,+%':7'(/01/
 c

>01$%+5MM"\0
''''_`5,'N,'N%1"K%'/',)M$"#"$',)1,'-"#$%3'X-"+Y,+3(+0)(-G".-"
+Y,+3(+0)(-"-'12(3('-"'23-0/+".*$"%2)F*$"-7*$"'+"/3-6-J*")*0"
%(.+$"'+",-3+J-$"'+"/*'-$".-$"+'-'+$G"'+$'+"-'*.+$)+0/+$"12+"
-20"$*0"0*>(*$G"F-$/-",-3+J-$"12+"..+>-0")2-3+0/-"5")(0)*"-7*$"
'+")-$-'*$8":+"(0()(*"12(+3*"-).-3-3"12+"$*0")-$*$"/4,()*$"5"
+Y/3+%-'-%+0/+")*%20+$G"12+"$+"3+,(/+0"%(.+$"'+">+)+$8"
Z(0@20*"+$")*%,.+/-%+0/+"'+".-">('-"'+"-.@2(+0"+0",-3/()2.-3G"
)2-.12(+3"$+%+J-0S-")*0".-"3+-.('-'"'+"-.@2(+0"+$",23-"
)*(0)('+0)(-8
""""H*'*$"$+",.-0/+-0G"+."*"+..-G".-"%($%-",3+@20/-["U;*312+"+."
*"+..-"%+"'+J9"'+"-%-3V"U":+$,2&$"'+"/-0/*$"-7*$"J20/*$G"'+"
F-6+3")3(-'*"02+$/3*$"F(J*$G"'+"/-0/*"/3-6-J*G"'+"/-0/*"'-3%+"-"
+."*"-"+..-V
""""U;*312+"$+"62$)9"-"*/3-",+3$*0-G",*312+"%+"'+J-"$("-20"5*"
.*"12(+3*"*".-"-%*"/-0/*V"\(>+0"B32$/3-'*$G"-0@2$/(-'*$G"
'+,3(%('*$G"..*3-0'*G",+0$-0'*"12+"/*'*"-)-69",-3-"+..*$G"12+"
/*'*"$+"/+3%(098
"""";*3"*/3*".-'*G"..+@-0",+3$*0-$"12+"-20")-$-'-$")*0"$2$"
3+$,+)/(>-$",-3+J-$G"%+"%-0(B(+$/-0"-6(+3/-%+0/+"5"$(0"0(0@R0"
$+0/(%(+0/*"'+")2.,-"12+"5-"0*"12(+3+0"-"$2"+$,*$*"*"+$,*$-G"12+"5-"'+$,2&$"'+">+(0/+G"
>+(0/()(0)*G"'(+S"-7*$"'+")-$-'*$G"'+J-3*0"'+"12+3+3.*$G"'+J-3*0"'+"-%-3.*$8":()+0"
/3-012(.-%+0/+"12+"$(@2+0")*0"+..*$G"%2)F-$">+)+$"+0")2-3/*$"$+,-3-'*$G",*3"0*"F-)+3.+"
'-7*"-"$2$"F(J*$G"*/3*$"'()+0"12+",*3")*$/2%63+"5"*/3*$"3+B(+3+0"12+",*3"3-S*0+$"
+)*09%()-$"0*",2+'+0"'(>*3)(-3$+",*312+"-%6*$"$+"0+)+$(/-0"+)*09%()-%+0/+"5"$*.*$"
,*3"$("%($%*$"0*",2+'+0"$26$($/(38
"""":+"/*'-$"B*3%-$G"/*'*$"%+"(0'()-0"3-S*0+$",*'+3*$-$",*3".-$")2-.+$"'+J-3*0"'+"
12+3+3$+G"*",*3".-$")2-.+$"$(@2+0">(>(+0'*")*0"-.@2(+0"12+"0*"-%-08"]"'+"+$*"$+"/3-/-"+$/+"
.(63*^"ED"E_]":#X";XQZ#HQ"HD#CCQ8"U;_C`=#"<#":#AQC_Z":#"Q<QCV"#$,+3*"
12+".+"$(3>-"'+"-52'-"-"-12+..*$"12+"+$/&0"-/3->+$-0'*",*3"-.@20-")3($($",-3+)('-",-3-"12+"
62$12+0"-52'-"-"/(+%,*8
4N#%)')%N%)'+,-'.-/0,1/'2>TOO4
""""a`2+"+."$($/+%-"$*.-3"+$"@3-0'+b"I2+0*"$4"+$"+0*3%+G",+3*"/-0/*".*$"F*%63+$")*%*".-$"
%2J+3+$"$*%*$"'+"-124G"'+.",.-0+/-"H(+33-8"Z-)(%*$"-124G")3+)+%*$"-124"5"%*3(3+%*$"
-1248"#$/-%*$"$2J+/*$"-"/*'-$".-$")-.-%('-'+$G"-"/*'*$".*$"B-)/*3+$G"-"/*'-$".-$"/+0$(*0+$G"
,3*6.+%-$G"-0@2$/(-$G"-.+@34-$G")*3-J+$G"/+%*3+$G"+/)8"12+"-B+)/-0"-"/*'*"+."%20'*",*3"
(@2-.8"#$")(+3/*"12+">-34-0"'+",+3$*0-"+0",+3$*0-"+0")2-0/*"-".-"(0/+0$('-'G"B2+3S-G"
/(+%,*G")-0/('-'G"+"(%,-)/*"+0"0*$*/3*$G",+3*"/*'*$",-$-%*$",*3"+..-$"'+"20-"%-0+3-"*"'+"
*/3-"+0"+$/+"02+$/3*"R0()*".2@-3"'+"+Y($/+0)(-G"02+$/3*",.-0+/-"H(+33-8"]".*$"3+)23$*$",-3-"
.('(-3")*0"/*'-$"+$-$"+%*)(*0+$"$*.*".*$",*'+%*$")*0$+@2(3"-124G"+0".-"H(+33-G"0*"+$"+0"
A=;DH#CG"0("+0"EQH=CZ_G"0("+0";X=H_Z8
 f

""""Q$4"12+")*%+0S-%*$"02+$/3-"+Y,.*3-)(90"'+"dL"!"#$%&'(&')&*+#",')&'$%&#&#'+$%-'&,'
(.'+)"#+)"'/0+,&1+'2.&##+34"#$/*".*">-%*$"-"3+-.(S-3"'+"20-"B*3%-"%25",-3/()2.-3G"+0"
B*3%-"'+"0*>+.-G",+3*"'+".-"3+-.('-'8"]*".+$">*5"-")*0/-3".*$"(002%+3-6.+$")-$*$"12+"$+"
3+,(/+0"-"'(-3(*G"5"12+"F+">($/*G">+*"5">+3&"+0"%(">('-",3*B+$(*0-.G"20*"-"20*G"+J+%,.*"/3-$"
+J+%,.*G").-3*"+$/PG"+0"B*3%-"@+0+3-."G"5-"12+"0(0@20*"@2-3'-"3+.-)(90"'(3+)/-")*0"0-'(+"
+0",-3/()2.-38"#$/*5"$+@23*"12+">-$"F-"+0)*0/3-3"20*"12+"$+">-"-",-3+)+3"20",*)*"-."'+"/2"
>('-G",+3*"-'+%P$"/+">*5"-"63(0'-3"20"-0P.($($"'+".*$"+33*3+$"5".-$",*$(6.+$"$*.2)(*0+$G"+0"
)-'-"$(/2-)(908

"

!5R/$&'<-/0,1/'2",$$/;'<5,$1%'O"M%
3'5+'&6/&#.&,7.+'&8'%,'9.00&1&')&'0+'0"1&#-+
7"(/#+)"')&8/%:8')&0'8"#1&"'3:/#$",-/'L")1$/-

""""""X-"$+7*3-">(>4-"+0"20-")-$-"%25"6*0(/-G")*0"/*'-$".-$")*%*'('-'+$"0+)+$-3(-$G"
/2>(+3*0"'*$"F(J*$".*$")2-.+$"+'2)-3*0"%25"6(+0G"+..*$"0*".+"'(+3*0"0(0@R0",3*6.+%-"
%-5*3"$+@R0"%-0(B+$/9"+..-8"#..-"+3-"'+"/+S"6.-0)-G",+.*"326(*G"*J*$").-3*$G"+$/-6-"+0".*$"
)(0)2+0/-"-7*$G"5"$+")*0$+3>-6-"%25"6(+0",-3-"$2"+'-'G"/-0/*"B4$()-")*%*"%+0/-.%+0/+8"
#3-"%25"6*0(/-G"$+")-$*"-".*$"!e"-7*$"5")2%,.4-0"/3+(0/-"5"-.@*"-7*$"'+")-$-'*$8"\(>4-"+0"
.-"%*0/-7-"20",*)*"-($.-'-"'+."%20'*G",+3*"-20"-$4")*0$+3>-6-"%2)F-$"-%($/-'+$8
""""E2"12+J-^"L:38"5-"0*".*"-%*G"+$/*5")*0"+.",*3",+0-G",*3"FP6(/*G",+3*"0*"$+"12+"F-)+3"
)*0"%(">('-G"+$/-%*$"$*.*$"+0"+$-")-$-G"5")-'-"'4-"+$"20"%-3/(3(*",-3-"%(G"12($(+3-"
'(>*3)(-3%+G"(3%+".+J*$G",+3'+3%+G",+3*"0*",2+'*G"%+"+0)2+0/3*"+0)+33-'-"+0"20")-..+J90"
$(0"$-.('-L"#..-"%-0(B+$/-6-"/*'*$".*$"$(0/-%*$"'+"20-"'+,3+$(90"$+>+3-G"(0$*%0(*G"B-./-"
'+"P0(%*G")-0$-0)(*G"B-./-"'+"'+$+*"
$+Y2-.G"'+$+$,+3-0S-G"+/)8"\(>4-")-'-"
'4-",*3">(>(38"Q$($/4-"-".-"(@.+$(-"'+"$2"
,3+B+3+0)(-G",+3*"0("$(12(+3-"+$*".+"
..+0-6-8"E2"%+0/+"+$/-6-"*)2,-'-",*3"
20"$*.*",+0$-%(+0/*["LZ*".*"-%*"5"0*"
$+"12+"F-)+3L8

''''_`5,'.5+%'%M5$$"$'M%0'-/'($/7'
<5,$1%'O"M%'+,),0M/01/+/3'#..-"%+"
)*0/9")*0".2J*"'+"'+/-..+$"5"%(3+0"12+"
)-$*888
dE3-8";2+3/*"C()*^"d3;#4'&0'1")+'0+'<.)+'
8+0-+'1&(/#+,"')&'7+8+='>"'(&'
0&<+,1+9+'+'/#&/+#+#0&'8%8'7"8+8='8%'
)&8+>%,"='0"'+1&,)-+'8.&(/#&'(%>'9.&,='
,%,7+'(&'$%&*:')&'(.8'?%,7.",&8')&'
&8/"8+='&0'#&@#&8+9+')&',"7A&'&,'
"7+8.",&8'>'&,'"1#+8'1&(/#+,"='/&#" '
7"(&,B+9+'+'1"(+#'7&#<&B+8'>'+'<&#'
 g

1&0&<.8.C,='8%/&'$%&'(&'?%&'.,?.&0'&,')"8'"7+8.",&8'>'(&'A.7&'0+')&8&,1&,).)+='1")+'0+'
<.)+'(-+'8&'7",<.#1.C'&,'%,+'#%1.,+'+0#&)&)"#')&'(.8'A.*"8='(.8'1+#&+8')&0'A"@+#'>'0+8'
"90.@+7.",&8')&'(.'/#"/."'1#+9+*"='/%&8'1#+9+*+9+'?%&#+'/+#+'+/"#1+#'&7",C(.7+(&,1&'
+0'A"@+#4'D"("'&#+'9",.1+='&,'&0'1#+9+*"'1%<&'$%&'8"/"#1+#'1")"'1./"')&'A"81.@+(.&,1"'
/"#'/+#1&')&'0+'#+0&+'(+87%0.,+')&'0+'?+71"#-+')",)&'1#+9+*+9+4'E0',%,7+'8&'&,1&#C')&'
,+)+')&'&8"4'!"#'1")"8'&8"8'+F"8='<&.,1.7.,7"'&,'1"1+0='#&+0.7:'0+'(.8(+'1+#&+='0+'(.8(+ '
#%1.,+4'G'&0'8&'7",<.#1.C'&,'%,'+07"AC0.7"='>"'0&'/&)-+'$%&'(&'8+7+#+')&'<&B'&,'7%+,)"='>'
8+0-+("8'+')+#'%,+'<%&01+='7+8.'8.&(/#&'+'0"8'8.1."8'$%&'+'&0'0&'@%81+9+,='0+'(+>"#-+')&'
0+8'<&7&8'+'<.8.1+#'8%8'?+(.0.+#&84'H8-'?%&'(.'<.)+'/"#'1")"8'&8"8'+F"8='A+81+'$%&'%,')-+'
(&'7+,8&='>+'(.8'A.*"8''7%(/0-+,''8"9#&').&7."7A"'+F"8='>'(&'?%.'+'7+8+')&'(.'(+)#&4'
E81%<&'%,'(&8'?%&#+')&'7+8+='&0'(&'8%/0.7"'$%&'<"0<.&#+='$%&'.9+'+'7+(9.+#='$%&'.9+'+'
)&*+#')&'1"(+#='>'+8-'0"'A.B"4'!&#"';#4''G+''&#+')&(+8.+)"'1+#)&='&0'7+(9."='/&#"'>+'>"'0"'
A+9-+'')&*+)"')&'+(+#='>',"'8.&,1"'+98"0%1+(&,1&',+)+'&,'(.'7"#+BC,''/"#'&0='+A"#+'&0'
,"'&,7%&,1#+'$%&'(+8'A+7&#'/+#+'1#+1+#')&'7"(/0+7&#(&='/&#"'>+'&8'1+#)&4'IJ(+@-,&8&='
>"'A+81+'A&'.,1&,1+)"'9%87+#0&'/+#&*+='0&'A&'/#&8&,1+)"'+'"1#+8'(%*&#&8='/+#+'<&#'8.'(&'
)&*+'>'8&'<+='>',+)+'(&'?%,7.",+K'E0'&8'9%&,"=',"'&8'(+0"='/&#"',"'0"'+("444'>'&8"'(&'
1.&,&'&,'%,+')&/#&8.C,'A"##.90&4'L%.8.&#+'$%&'8&'?%&#+'/+#+'>"'/")&#'#&A+7&#'(.'<.)+4

""""U<%$=5,',--/'-%'+,a\'+,'/N/$'/=5[',0'-/'2",$$/3'#."E38";2+3/*"C()*G"+$,*$*"'+".-"E3-8"
;2+3/*"C()*G"$(0"'-3$+")2+0/-G"$(0"$-6+3.*G"5"/-.>+S"(0)*0$)(+0/+%+0/+")-59"+0".-"%P$"
)*%R0"'+".-$"/3-%,-$G"$2",3*,(-"32/(0-"'+">('-8"#..-G").-3*"+$/-G"(@0*3-0/+"$*63+".*"
$(@0(B()-"20-">+3'-'+3-"3+.-)(90"'+",-3+J-G"/-%6(&0"/2>*"@3-0",-3/+"'+".-")2.,-G",+3*"
020)-"/2>*"-"0-'(+"12+".+"*3(+0/-3-"-."3+$,+)/*8"#."5"#..-",+0$-3*0"12+"L+$-"+3-".-">('-"'+"
)-$-'*$LG",+0$-3*0"12+"L-$4"'+6+34-"$+3"/*'*"%-/3(%*0(*L8"]"+$/*5")-$("$+@23*G"12+"
'+)+0-$"'+",-3+J-$"-"$2"-.3+'+'*3">(>4-0"'+".-"%($%-"B*3%-8";*3".*"/-0/*"+..-"'(*",*3"
$+0/-'*"12+"/+04-"12+")*0/(02-3"F-)(+0'*".*"12+"F-)(-"5"5-8"X*"F(S*",*3">+(0/(/-0/*$"-7*$G"
%(+0/3-$"$2$"F(J*$")3+)4-0"5"+..-"/3-6-J-6-8":+",3*0/*"$+")3+9"20">-)4*"+0"$2">('-8"E+"'(*"
)2+0/-"'+"12+"+$/-6-"$*.-G"$*.-")*0"+..-"%($%-G"12+"+0/3+"+..-"5"$2"+$,*$*"+Y($/4-"20-"
'($/-0)(-"+%*)(*0-."+0*3%+G"5"12+"/-0"$*.*">(>(9"20-"32/(0-G"12+".-"..+0-6-0"$2$"F(J*$"5"
$2"/3-6-J*",*3"/*'*$"+$*$"-7*$G"F-$/-"12+"..+@9".-")-/P$/3*B+8"X*$"F(J*$")3+)(+3*0G"+..-"$+"
3+/(39"'+."/3-6-J*G"+."$+@24-"(@2-."5"+..-"$+"'(*")2+0/-"12+"0*".*"-%-6-G"12+"$*.*"+$/-6-")*0"
+.",*3"FP6(/*G",*3")*$/2%63+8
""""#CC_C^"Z20)-"/2>(+3*0">+3'-'+3*"/(+%,*"'+",-3+J-8"#."/3-6-J*"5".*$"F(J*$".+$"
)*0$2%(9"$2">('-8":(+3*0",*3"$+0/-'*".*"12+"0-'(+"'+6+"'-3",*3"$+0/-'*888"a`2+"+."Q%*3"
+$"+/+30*b"a`2+"0*"%2+3+b"X-"B-.$+'-'"%-$"@3-0'+"12+"+Y($/+8"]-"12+"+."Q%*3G"0-)+G"
)3+)+G"+Y($/+"5",2+'+"%*3(38"]",+*3"-20"/+".*",2+'+"3*6-3G"-.@2(+0"12+"$+,-"'-3"%-$"Q%*38"
;*3".*"/-0/*"+$")*%*")2-.12(+3"%P12(0-8"aH(+0+$"12+"'-3.+"%-0/+0(%(+0/*")*0$/-0/+b"U#$"
/2")-$*V

"

!5R/$&'TM5/+%$;'.-/0,1/'2",$$/
35"8'$%&'8+9&,'(%7A"'8&'+)(.#+,
)&'/"7+8'7"8+8='>'0"8'$%&',"'8+9&,
 h

,+)+'8&'+)(.#+,')&'1")"3"(b0,M/"

#."E38"#)2-'*3G"20"-./*"+J+)2/(>*"'+"20"6-0)*")*%+3)(-.G",-$-/(+%,*"B->*3(/*G"/3-6-J-3"
'+$'+".-$"*)F*"'+".-"%-7-0-"F-$/-".-$"'(+S"'+".-"0*)F+8"X2@-3"'+"+Y($/+0)(-^"*B()(0-$G"
3+$/-23-0/+$G"->(*0+$"5"F*/+.+$8"N*%,-74-^"F*%63+$"'+"0+@*)(*$G"$+)3+/-3(-$G"%2J+3+$"
)-$2-.+$",*3"/*'*$".*$".2@-3+$"12+"
>($(/-6-8"H+%-",3+B+3('*^"'(0+3*G"
,*$+$(*0+$G".2J*$G"6+6('-$G"5")*%('-$8"
Z20)-"$-.(9"'+.",.-0+/-"H(+33-8"
<(+0/3-$".-"H(+33-"'-6-">2+./-$G"$2"
)-$-G"$2"+$,*$-G"$2$"F(J*$G"$2$"
>+)(0*$G"$2"(@.+$(-G"5"/*'*".*"'+%P$G"
,+3%-0+)4-0"+0"+."%($%*".2@-38
'''';.7&'&0'M#4'E7%+)"#N'O,'9%&,')-+'7%+,)"'00&@C'00"#+,)"'+'0+'"?.7.,+')&'8%'(:).7"='
)&8&8/&#+)"='>'0&').*"N'P3'Q.'&8/"8+'(&'/.).C'&0').<"#7."'>'0"'$%.&#&'&,'%,+'8&(+,+='
00&<+("8').&7."7A"'+F"8')&'7+8+)"8=R+'1")"'&81"'00"#+9+'7"("'%,',.F"S'1&,&("8'1#&8 '
A.*"8'/&$%&F"8=').7&'$%&',"'(&'$%.&#&='$%&',"'(&'+(+='0&'A&'/#&@%,1+)"'$%&'0&'"7%##&='
(&').7&'$%&',"'8+9&='$%&'8"0"'8+9&'$%&',"'(&'$%.&#&'>'>+='$%&'$%.&#&'&0').<"#7."4'50&<C'
)"8'8&(+,+8'$%&',"')%&#("='(&'8.&,1"')&/#.(.)"=',"'1&,@"')&8&"8')&'<.<.#4'TL%&'A&'
A&7A"'(+0='8.'>"',"'9&9"=',"'?%("='8"0"'1#+9+*"'/+#+'&00+'>'(.8'A.*"8='<.<&,'&,'%,+'7+8+'
/#&7."8+='1.&,&,'1")"'0"'$%&',&7&8.1+,='$%&'A&'A&7A"'(+0U
'''';-@+(&';#4'$%&'<+'+'8&#')&'(.'<.)+='&00+',"'$%.&#&'7&)&#=',"'$%.&#&'A+90+#=').7&'$%&',"'
A+>',+)+')&'$%&'A+90+#444/&"#'+%,').7&'$%&'>"'8">'%,'A"(9#&'*"<&,'>'$%&'/")#:'#&A+7&#'
(.'<.)+4'IJ(+@-,&8&K
""""X2+@*"'+")*0>+3$-3"-%,.(-%+0/+")*0"+."E38"#)2-'*3G"$2"%&'()*".+"(0'()9"12+".+"'(J+3-"
-".-"E3-8"#)2-'*3"12+")*0)+3/-3-"20-")(/-G"'-'*"12+"F-64-"0(7*$"'+",*3"%+'(*"5"'+"$+@23*"
$+"-B+)/-34-0G",*3".*"/-0/*"/+04-%*$"12+"%-0+J-3".-"$(/2-)(90".*"%-$"3-)(*0-.%+0/+"
,*$(6.+8"Q".-"$+%-0-"-,-3+)(9".-"E3-8"#)2-'*38":+6*"-0/+$"'+)(3"12+".-"E3-8"#)2-'*3"
020)-"F-64-"/3-6-J-'*"+0"$2">('-"5"F-)(-"20*$"%+$+$"12+"F-64-")*%+0S-'*"$2",3(%+3"5"
R0()*"/3-6-J*8
"""":()+".-"E3-8"#)2-'*3^"P3';#4='>"'&81+9+'7"("')"#(.)+'1")"8'&81"8'+F"8='(&')&).$%:'+0'
A"@+#='0"8'A.*"8='#&8"0<&#'1")"8'0"8'/#"90&(+8')&'+)(.,.81#+7.C,')&0'A"@+#='&0'00&@+9+'(&'
/",-+'&0'7A&$%&'&,'0+8'(+,"8'>'>"'8+0-+'7"("'%,'7"#)&#.00"'7+)+'$%.,7&,+'+'#&+0.B+#'
1")"8'0"8'/+@"8='+'A+7&#'0+8'7"(/#+8='&174'M.='&0'8.&(/#&'?%&'%,'A"(9#&'9%&,"='*+(V8'(& '
?%&'.,?.&0='$%&'>"'8&/+='>'1#+9+*+9+'(%7A"='&8+'&#+'8%'<.)+='.,70%8"'>"'(&'&,7",1#+9+'
8"0+'&,'0"8'/+#$%&8')&'/&0"1+'7",'(.8'A.*"8='00&<V,)"0"8'+'1")+8'8%8'+71.<.)+)&84'E0',%,7+'
/+#1.7./C'&,',+)+=',.'8.$%.&#+'+'0+'&87%&0+'.9+'+'<&#'7"("'&81+9+,'8%8'A.*"84'2")"'?%.'>"4'
Q.8'A.*"8'&81V,'+%,'/&$%&F"8='/&#"')&8/%:8')&'7"(&,B+#'+'1#+9+*+#'(&').'7%&,1+')&'+0@"'
$%&')&'0"'7%+0',%,7+'(&'A+9-+'/&#7+1+)"4'IG"'&#+'<+0."8+='8&#<.+'/+#+'+0@"'(+8'$%&'
/+#+'00&<+#'0+8'7%&,1+8')&'0+'7+8+'>'0"8',.F"8'+'0+'&87%&0+K'Q&'8&,1-'0+'(%*&#'(+8'?&0.B'
)&0'(%,)"='(&'8&,1-'W1.0'>'+0'(.8("'1.&(/"'(&'8&,1-'%1.0.B+)+4'I2+,1"8'+F"8'&,7&##+)+'&,'
&8&'7.#7%0"'<.7."8"K
''''E,1",7&8';#4='8&'(&'+7&#7C'&81&'A"(9#&').&B'+F"8'(+>"#'$%&'>"'>'7"(&,BC'+'
A+90+#(&='+'A+0+@+#(&='+')&7.#(&'0"'0.,)+'>'&?.7+B'$%&'>"'&#+='8+0.("8'<+#.+8'<&7&8'+'
7"(&#='>'(&'8&,1-'1+,'9.&,=',%,7+'(&'A+9-+'8&,1.)"'+8-'&,'(.'<.)+4'X%&'&,1",7&8'$%&'(&'
).'7%&,1+'$%&',"'+(+9+'+'(.'&8/"8"='>'$%&'0&'1&,.+'(%7A"'7"#+*&='&0'7+9+00&#"',%,7+'
 e

1#+1C')&'8&/+#+#(&')&'&0=',.'(&'A.B"'.,8.,%+7.",&8')&8A",&81+8='?%&'8.(/0&(&,1&'%,'
7+9+00&#"='%,+'@#+,'/&#8",+='>"'?%.'0+'$%&'(&'&,+("#:')&'&0'>'8&'0"'A.7&'8+9&#4'5%&@"'
7"(&,BC'%,'#"(+,7&4'5&'7"(%,.$%:'+'(.'&8/"8"'$%&',"'0"'+(+9+'>'$%&'$%&#-+'&0'
).<"#7."='&8"8'&8'1")"'&,'#&8%(&,='$%.&#"'A+7&#'0+8'7"8+8'7"##&71+(&,1&='/&#"',+)+'(& '
A+#V'7+(9.+#')&')&7.8.C,4

_`5,'%M5$$"\'/=5['M%0'-/'($/7'TM5/+%$3
""""\+-%*$",2+$G"+."E38"#)2-'*3"12+"/-%6(&0">(>(9"/*'-"$2">('-"+0"+.",.-0+/-"H(+33-G"$+"
*.>('9"12+"$2"+$,*$-">(>4-"+0"+."%($%*",.-0+/-G"5"12+"-%6*$"+3-0"'+"+$/+",.-0+/-"5"12+"
0(0@20*"+3-"'+"\+02$"0("'+"<-3/+8"#.")*0B(9"+0".-"('+-"+3390+-"12+")(3)2.-",*3"-F4"'+"12+"
$("/2"+3+$"62+0",3*>++'*3G"/(+0+$".-$")2+0/-$"-."'4-G".-"@3-%-"3+)*3/-'-G".-")-$-",(0/-'-G".*$"
F(J*$"+0"20"62+0")*.+@(*"5"/2"+$,*$-"..+0-"'+"3*,-"5",3+0'-$8"a]-".*"F()($/+"/*'*b
""""#."E38"#)2-'*3"$+"*.>('9"'+"20-",-3/+"%25"(%,*3/-0/+G".*$"$+0/(%(+0/*$"'+"$2$"+$,*$-G"
'+"$-6+3"+"(0/+3+$-3$+",*3".*"12+"+..-"$+0/4-G"$+"*.>('*"12+"0-'-"+$"%-$"(%,*3/-0/+"12+"+."
$+3"F2%-0*8"#0"+$*"B3-)-$*G"5"+.">-)4*"$(+%,3+"+$/2>*"-..4G")*%*"20-"6*%6-"'+"/(+%,*"
+$,+3-0'*",-3-"+Y,.*/-3888a?+"F(S*"+Y,.*$(90"$(0"3+/3*)+$*b
""""#."%-0+J*"'+."/(+%,*".(63+"+$"6(+0"(%,*3/-0/+",-3-".-",-3+J-G"+."/(+%,*"'+"3+.-J-)(90G"+."
/(+%,*",+3$*0-.G"+."/(+%,*",-3-"/2"@32,*"'+"-%(@*$G"+."/(+%,*"'+",-3+J-"5"$*63+"/*'*".-"
)*%20()-)(90"'+".*"12+"$+"$(+0/+8"a#$*"+$".*"%-$"(%,*3/-0/+b";*3"+$*"'+J-3*0"'+"-%-3"-."
E38"#)2-'*38"U;*'34-"$+3"+$/+"/2")-$*G"-%(@*"/+334)*.-V"a#."-%*3",2+'+">*.-3b

^MY%'/c%)'+,'0%K"%)'*'M5/1$%'N,),)'+,'M/)/+%)d
T-'M/)%'+,'-%)'(,c%$,)'e,0,]5,-/0%

3Y"'8.&(/#&',"8'+(+,'+$%&00"8'+'$%.&,&8
+(+("8Z'/&#"'#+#+'<&B')&*+,')&'+9"##&7&#,"8
+$%:00"8'+'$%.&,&8'+9"##&7&("83"<,+$%':/)),0+"

"""":*$",-.*%(/-$"'+"+$)2+.-"$2,+3(*3G"0*>(*$"'+$'+"@3-'*"'(+SG"
>(>4-0"+."20*",-3-"+."*/3*G",-3+)4-0"@+%+.*$G"+3-0".-",-3+J-",+3B+)/-8"
D6-0"J20/*$"-.")(0+G"+$/2'(-6-0"J20/*$G"$-.4-0"+0"@32,*",+3*"$(+%,3+"
 k

J20/*$"5"-$4",-$*"+."/(+%,*G"5"$+"@3-'2-3*0"'+"+$)2+.-"$2,+3(*3"5")*0/(02-3*0"+0".-"
20(>+3$('-'G"J20/*$"/-%6(&0G"-F4".-")*$-"+%,+*39G"5-")*0/-6-0")*0">+(0/+"-7*$G"+."
%-)F($%*"+0"+."E38"\+0+S2+.-")*%+0S9"-"-B.*3-3G".-"E3/-8"\+0+S2+.-"%25"'+."$(@.*"'*$"%(."
'+.",.-0+/-"H(+33-G"@2$/-6-"'+"2$-3",-0/-.*0+$")*3/*$G"B-.'-$")*3/-$G"6.2$-$")*3/-$"-".-"
)(0/23-G",+3*"#."E+7*3(/*"\+0+S2+.-"0*"-)+,/-6-"0-'-"'+"+$*G"+3-"20-")*0$/-0/+"6-/-..-"
+0/3+"-%6*$G"$*.*",*3".-">+$/(%+0/-G"0*"F-6.+%*$"'+")2-0'*"$+".+"-)+3)-6-"20")F()*"-"+..-"
,-3-"$(%,.+%+0/+"$-.2'-3.-"*")*0>+3$-3888"+."$+",*04-"aB3+0&/()*bG"5-"$+".*"-$(@0-6-",*3"
,3+/+0'(+0/+"*",*3"-.@*"%-$G"$+"'+J-6-0"+."\(+30+$G",-3-">*.>+3"+."X20+$G"5"-$4"$(@2(+3*0"
20-"32/(0-"+$,-0/*$-8"#..-",+0$-6-"12+".*"12+34-"%2)F*"5"+.",*3"(@2-.".*"%($%*8"E+0/4-0"
20">-)4*"(0%+0$*")2-0'*"0*"+$/-6-0"J20/*$G",+3*"$2"+Y($/+0)(-"+3-"$*.*"20"FP6(/*G"5"+..*$"
0*"$+"F-64-0",+3)-/-'*"'+"+..*8
""""H+3%(0-3*0".-"20(>+3$('-'"5")*%+0S-3*0"-"/3-6-J-38"N*%+0S-3*0"$2$",.-0+$"'+"6*'-"-"
/*'-")-33+3-G"*)F*"-7*$"J20/*$G"+..-">(0*"20"'4-"5"%+"'(J*^"dL;#4'&81">'(+0=')&/#.(.)+=',"'
)%&#("3'5"%(+0/3-$"%+"0-33-6-"$2"F($/*3(-"..*3-6-")*,(*$-%+0/+8"d3'Y"'8&'8.'0"'$%.&#"'"'
,"'0"'$%.&#"='(&'8.&,1"'7%0/+90&')&')&*+#0"'+A"#+='8",'"7A"'+F"8'*%,1"8=',"'1&,@"'
+(.@+8='&0',"'1.&,&'+(.@"8='8"0"',"8'1&,&("8'&0'%,"'+0'"1#"='>"',"'8&'<.<.#'8"0+='1")+'0+'
<.)+'8&'0"'A&'7",8%01+)"'1")"'+':0'>'&0'+'(.4I'8"("8'7"("'A&#(+,"8K3P"#0"+$*"$("12+"/+0(-"
3-S90"G"+..-"%($%-"'(*"+0").->*"$(0"'-3$+")2+0/-8"Q"+..-".-"+$/-6-"-)-6-0'*"$2"$+0/(%(+0/*"
'+")2.,-G"E#"E#ZHDQ"H#CCDIX#<#ZH#"N=X;QIX#":#":#AQCX_G"'+$,2&$"'+"
/-0/*$"-7*$"J20/*$8";*3"*/3*".-'*"'+)4-"d3'Q.8'/+)#&8'>+',"8'<&,'7"("'%,+'/+#&*+='&0'&8'&0'
W,.7"',"<."'$%&'A&'1&,.)"='0"'$%.&#&,'7"("'%,'A.*"'>'+'(.'8%8'/+)#&8'(&'$%.&#&,'7"("'
%,+'A.*+='(&'8.&,1"'/+#1&')&'&8+'?+(.0.+='/&#"',"'8&'8.'0"'$%.&#"='7#&"'$%&',"='7#&"'$%&'
,"4443P'#..-"0*"$-6(-"12+"F-)+3G"$("'-3"+.",-$*"B(0-."*"0*G"0-/23-.%+0/+"5*".+"-)*0$+J&"12+"
.*"/3-J+3-"-"20-")*0$2./-G"'+$,2&$"'+".-")2-.".+$"-)*0$+J&"12+"$+"$+,-3-3-0",*3"20",+3(*'*"
0*"%+0*3"'+"$+($"%+$+$G",-3-"12+"$+"-0-.(S-3-0",3*B20'-%+0/+"5">+3"12+"'+"12+34-0"+0"
3+-.('-'8"X-"'+,+0'+0)(-"12+"/+04-0"+."20*"'+."*/3*"0*".+",+3%(/(9"..+>-3"-")-6*"%("
)*0$+J*"5"/+3%(0-3*0")*%*"'*$"62+0*$"/+334)*.-$8"a"N*%+/(+0'*"+."@3->+"+33*3"'+")-$-3$+b
_`5,'%M5$$"\'/'-%)'M5/1$%'N,),)3
""""a;+.+-$"5"%-$",+.+-$b"]"B(0-.%+0/+"'(>*3)(*G"0*"$(0"-0/+$"$+,-3-3$+"/3+$"*")2-/3*"
>+)+$G+..-")*0/(02*"-$($/(+0'*"-"$2$")*0$2./-$G")*0"20-"'+,3+$(90"@3->+",*3".*")2-."/2>*"
12+"$+3"F*$,(/-.(S-'-8"X*$",-'3+$"'+"-%6*$"+0/3-3*0"-".-"+$)+0-")*0")*0$+J*$"
(0-'+)2-'*$G")*0")*3-J+G"(0$/(@-0'*"$+0/(%(+0/*$"+0"-%6*$"12+"0*"0+)+$(/-6-0G"+/)8"?-$/-"
.*$">+)(0*$"(0/+3>(0(+3*0G"+."$-)+3'*/+888"0*"12+'9"0-'(+"12+"0*"B2+"..-%-'*"-"(0/+3>+0(3"
,-3-"$-.>-3".*"(%,*$(6.+888"=0-"3+.-)(90"'+"'+,+0'+0)(-"+"(0$+@23('-'+$"'+"-%6*$G"'+"
*)F*"-7*$"'+"'23-)(908":+$,2&$"12+"$+")-$-3*0"+..-")*33*6*39"12+"0*".*"-%-6-G"12+"0("
$(12(+3-"$+0/4-"-/3-))(90"$+Y2-.",*3"+.G".*">+4-")*%*"20"F+3%-0*G"/-."5")*%*"+..-"%($%-"
.*"F-64-"'()F*G"%2)F*"-0/+$"+0".-")*0$2./-8"Q$4"12+")*%+0S-3*0"-"$-.(3".*$")*3-J+$"
-)2%2.-'*$",*3"-7*$G",+.+-"/3-$",+.+-G"/*'*$".*$"'4-$8"#."..+@-6-"5"$+",*04-"-"J2@-3"J2+@*$"
+.+)/390()*$"B3+0/+"-."/+.+>($*3"%(+0/3-$"+..-"F-)(-".-$"/-3+-$G"-"+..-".+"@2$/-6-"$-.(3G"6-(.-3G"
'(>+3/(3$+G",+3*"$2">('-"$+")*0>(3/(9"+0"20-",+$-'(..-G".-"%($%-"32/(0-"'4-"/3-$"'4-8"?-$/-"
12+")*%+0S-3*0".-$"$+,-3-)(*0+$"/3-$".-$",+.+-$"5".2+@*"+."'(>*3)(*8"X2+@*"'+"20"-7*"5"
%+'(*"'+",$()*/+3-,(-G"+..-"$+"3+"'+$)263(9"5"+0)*0/39"20-",-3+J-"%-$"-'+)2-'-"i0*"+Y($/+"
0(0@20-"('+-.G"0*".*"*.>('+0j"5"$+")-$*"'+"02+>*G"-F*3-"+$")-$("B+.(S"i"0*"+Y($/+"0-'(+"
)*%,.+/-%+0/+"B+.(SG"3+)2+3'+0"+$/+")*0$+J*"'+"20"-%(@*j8
 !l

1,%2$,0%302040%
3[+0&'(+8'8&#')&8/#&7.+)"='>'8+9&#0"=
$%&'<.<.#'+)%0+)"='1&,.&,)"'8.&(/#&
&0')&8/#&7."3""(Y/f,).,/$,

"""";3*B+$(90["@+3+0/+"'+"20-"/(+0'-"'+"3*,-G"F*3-3(*["'+"$(+/+"Q<"-"*)F*";<G"(0).25+0'*"
$P6-'*$"5"-.@20*$"'*%(0@*$8"<-3('*"+%,.+-'*",*3"20-"B-3%-)&2/()-G")*0"F*3-3(*$"
B.+Y(6.+$"3*/-/(>*$"5"%2)F*$"L/+3)+3"/230*$L8"?(J*$["/3+$G"'*$">-3*0+$"5"20-"0(7-"12(+0"+3-"
.-"%+0*3"'+"/*'*$"i)2-/3*"-7*$j8"Q7*$"'+")-$-'*$"'*)+8"#'-'+$")+3)-"'+".*$")2-3+0/-8
"""";3*6.+%-^"Q@*/-%(+0/*G")-0$-0)(*"'+"-%6*$G"'(B()2./-'+$"+)*09%()-$G"0*"/(+0+0"12(+0"
-/(+0'-".*$"0(7*$"-'+)2-'-%+0/+G",3*6.+%-"%-5*3^"X.+>-0"-7*$"12+"0*",2+'+0"'+'()-3$+"
/(+%,*"'+")-.('-'8"H*'*"+$"/3-6-J*G".-$"+%*)(*0+$"$+"'+6(.(/-0"+0"-%6*$G".-"-.+@34-"$+"
'($(,-G"0*"/(+0+0"/(+%,*",-3-"+$/-3"-.+@3+$8"X.+@-0"-"-/+0'+3".-")-$-G".*$"F(J*$G"5".2+@*"-"
-)*$/-3$+"-"'*3%(38"E2"(0/(%('-'"+$/-"'+/+3(*3-'-"-"0(>+.+$"(0$-.>-6.+$8"#%*)(*0+$"
B2+3/+$G"-0@2$/(-G"'+,3+$(90G"12+J-$")*0$/-0/+$"'+"/*'*$",-3-"/*'*$8"E-.+"-"B.*/+"%2)F*"
)*3-J+8"N-'-"12(+0"$+"F-")+0/3-'*"+0"$("%($%*"5"'+",-3-")*%,.+/-3G"/(+0+0"20*"'+".*$"
0(7*$"12+"$2B3+"'+"'+$*3'+0"'+B()(/-3(*"'+".-"-/+0)(90")*0"F(,+3-)/(>('-'G"+.")2-."$+"
)*0>(3/(9"+0"+."+0B+3%*"$+7-.-'*"'+".-"B-%(.(-"5".-">4)/(%-"'+.")*3-J+"'+"/*'*$8"X-$"R0()-$"
 !!

>($(/-$"$*0".-$"'+".*$"-62+.*$"'+"-%6*$8

g<%$=5,'+,a/$%0'+,'=5,$,$),h
""""=0-"-2$+0)(-"+%*)(*0-.",3*.*0@-'-",*3"'*)+"-7*$G"/3-6-J*"5"%-$"/3-6-J*G"0(0@20*">+4-"
$-.('-"'+."-/*..-'+3*"+)*09%()*G"0("$(12(+3-"/+04-0"/(+%,*",-3-",+0$-3"$("$+"-%-6-0"*"0*G"
>(>4-0"*/3-"32/(0-G">(>4-0",*3">(>(38"Q".-"E3-8"=8E8QG")*0"/*'-"5"$2"%-+$/34-"+0"@+3+0)(-"$+"
.+"F-64-"('*"+."%-/3(%*0(*"5".-"B-%(.(-",*3".-"6*3'-"'+."6-3)*"'+".-">('-8"aQ124"+0"+."
,.-0+/-"H(+33-b"#.G"12(+0"+$/-6-"3*'+-'*"'+"%2J+3+$"+0".-"BP63()-")*%+0S9"-"$2)2%6(3"-".*"
12+"F-)4-"-7*$"+$/-6-"$*%+/('*G".-$"12+J-$"'+".-$"%2J+3+$"12+".+"3*'+-6-0G"'+"$2$",3*,(*$"
%-3('*$G"F(J*$"5"/3-6-J*$G")-59")*0">-3(-$"+0"3+.-)(*0+$"40/(%-$",-$-J+3-$8"#$"$+0)(..*G"
)*%(+0S-0",*3")*0/-3$+"/*'*$"$2$",3*6.+%-$G"$2$"3+$,+)/(>-$"-0@2$/(-$G"$+"$(+0/+0"
-/3-4'*$G"+$)2)F-'*$G"-/+0'('*$G"5"$23@+0".-$"+%*)(*0+$"K=#CH#EG"12+"$+"F-0"
,+3'('*"+0"$2$"3+$,+)/(>*$"%-/3(%*0(*$G"$23@+"20-"+$,+)(+"'+"3*%-0)+"5"0*>(-S@*"-"
+$)*0'('-$G"5".2+@*".-"(0/(%('-'8"#$/*",2+'+"'23-3">-3(*$"%+$+$G"F-$/-"-7*$8"<(+0/3-$"
$(@2+0")-$-'*$8"E2,.+0"20-$"0+)+$('-'+$"12+"0*"+$/P0"3+)(6(+0'*"+0"+."%-/3(%*0(*"'+"$2$"
3+$,+)/(>-$",-3+J-$8";+3*"..+@-"20"%*%+0/*"+0"12+"$+"-6233+0"5"$+"'-0")2+0/-"12+"0*"F-5"
Q%*3G"*"$+"'+$)263+"$2"3+.-)(90G",*312+"-.@20*"$+"+0-%*3-"'+%-$(-'*"+"
(0)*0$)(+0/+%+0/+",3*>*)-"+."12+"$+"'+$)263-G",-3-",*'+3"12+'-3$+")*0"+."*/3*"*".-"*/3-8"
#.")-$*"+$"12+")*%*"12(+3-"/+3%(0-"/*'*"+0"'(>*3)(*G"+0"/3-@+'(-$G"*"+0")F($%+$"'+"
6-33(*8"Z2+$/3-"$*)(+'-'"+$/-"..+0-"'+"+$*$")F($%+$"'+"6-33(*"5"-".-"@+0/+".+"+0)-0/-8"Q"
>+)+$".*$")3+-0"$(0"12+">+3'-'+3-%+0/+"+Y($/-08
""""#."E38"]".-"E3-8"=8E8Q8"$+"'(>*3)(-3*0G"/3-J+3*0"$2$"F(J*$"-"/3-/-%(+0/*"5"+..*$"
$(@2(+3*0")*0"$2$"3+$,+)/(>*$"$(12(-/3-$G",2+$"/*'*"/+3%(09"+0"'+,3+$(*0+$G"+0"
20-"'+,3+$(90"B-%(.(-38"#..-"'+$)263(9"20-"'+"$2$"%R./(,.+$"3+.-)(*0+$"'+".-"BP63()-G"5"$*.*"
.+"/*%*$"20-$")2-0/-$"$+%-0-$",*3"%2/2*"-)2+3'*8"a]-"-%6*$"+$/-6-0"'+$+-0'*"+."
'(>*3)(*"(0)*0$)(+0/+%+0/+b":*$"/+334)*.-$"%-$8"#.")2-.",*'34-"*"0*"$+3"/2")-$*8

401,)'+,'),R5"$'/+,-/01,'K,/N%)'/-R50/)',)1/+[)1"M/)7
35+'8"7.&)+)'/+@+'9.&,'7+#"'&0'+9+,)","
&,'$%&')&*+'+'8%8'A.*"8='7"("'1")"8'0"8
/+)#&8'$%&',"'&)%7+,'+'0"8'8%>"83"Q%0M,.M"\0'4$,0/-
T)1/+[)1"M/)'.$%K")"%0/-,)'+,'N/1$"N%0"%)'*'+"K%$M"%)'+,',01$,'-%)'/c%)'HCCBACG
""""#."0R%+3*"'+"%-/3(%*0(*$"+0"!kkl"B2+"'+"TGcceGlllG"T",*3")(+0/*"%-$"12+"+0"+."!kek8"
#0".*$"R./(%*$"Tf"-7*$G"+."0R%+3*"'+"%-/3(%*0(*$"F-"-2%+0/-'*"-."'*6.+"-"20",+3(*'*"'+"
(0)3+%+0/*"$+@2('*",*3"20",+3(*'*"'+"'+$)+0$*8"Q.")*%(+0S*"'+".*$"!kglG"+."0R%+3*"'+"
%-/3(%*0(*$")*%+0S9"F-"-2%+0/-3"F-$/-"+."!khTG")2-0'*"+."-2%+0/9"-"!l8k8"
N*%+0S-0'*"+0"+."!khWG.2+@*"'+).(09",*3"c"-7*$")*0$+)2/(>*$"F-$/-"..+@-3"-"k8k"(0"!khh8"
\*.>(9"$26(9"*/3-">+S"-"B(0-.+$"'+".*$"!khl$"-"20",()*"'+"!l8g"(0"!keldeT8"#0"!keWG"
6-J-3*0"*/3-">+S"F-$/-"k8h"+0"!keedek8"#."-2%+0/*"+0"!kkl"-"k8e"%-3)9"+.",3(%+3"
-2%+0/*"'+$'+!kel8
"""":+"-)2+3'*"-"'-/*$",3*>($(*0-.+$G"!G!hfGlll",-3+J-$"$+"'(>*3)(-3*0"'23-0/+"!kklG"
!TGlll"%2)F*"%-$"12+"!kek8"#."0R%+3*"'+"'(>*3)(*$G"$(0"+%6-3@*G"B2+"+."%($%*"+0"
-%6*$"-7*$G"5"+."%($%*"12+"+."0R%+3*"B(0-.",-3-"+."!kee8"#."0R%+3*"'+"'(>*3)(*$"$+"F-"
 !T

%-0/+0('*"+$/-6.+"'23-0/+"W"-7*$")*0$+)2/(>*$"+0"T"'&)-'-$"'+"%2)F*")-%6(*8"#0"20"
,+3(*'*"'+"!ld-7*$"'+$'+"!kgg"F-$/-"!khgG"+."0R%+3*"'+"'(>*3)(*$"$+"'2,.()9"'+"T8f"-"
f8l8"#0".*"12+"3+$/-"'+".*$"!khl$G"#."0R%+3*"'+"'(>*3)(*$"-$)+0'(9"-."0R%+3*"%-$"-./*"'+"
/*'*$".*$"/(+%,*$"f8W"+0"!khk8":+$,2&$"'+"$26(3"-"f8W"*/3-">+S"+0"!ke!G"#."0R%+3*">*.>(9"
-"20"'+).(>+"@+0+3-."F-$/-"$2"0(>+."-)/2-.8

^1$/)',)1/+[)1"M/)'"01,$,)/01,)'$,).,M1%'/'-/)'./$,a/)7
<-/3(%*0(*$"5"J20/*$"0*")-$-'*$"+0"=8E8G"!kee
K2+0/+^"N+0/3*"'+"#$/-'4$/()-$"Z-)(*0-.+$"'+"E-.2'G"=8E8":+,-3/-%+0/*"'+"E-.2'"5"
C+)23$*$"?2%-0*$"'+".*$"#8=8
C-S-G"+'-'"G5"*3(@+0"?($,-0*8"ZR%+3*$"i+0"%(.+$j
N*F-6(/-3*0"-0/+$"'+"$2",3(%+3"%-/3(%*0(*!"Z20)-")*F-6(/-3*0"Z20)-")-$-'*$"T
H*/-."T";*3")(+0/*
H*'-$".-$"+'-'+$
fhGkll"Tf8c"WW8f"gW8g
!fd!k"-7*$"kG!hk"e8T"e8c"W8h
TldTc"-7*$"kGc!W"Wl8W"WT8c"We8g
TfdTk"-7*$"!lGhkg"Wk8!"cf8!"h!8l
WldWc"-7*$"!lGkWl"WW8W"cc8k"ec8c
WfdWk"-7*$"kGfeW"TW8k"We8c"ek8f
cldcc"-7*$"hGkkk"!T8W"Tg8W"kT8f
I.-0)*$"H*'-$".-$"+'-'+$
chGlhh"Tf8l"WW8g"gg8e
!fd!k"-7*$"hGW!W"k8T"k8W"c8c
TldTc"-7*$"hGcl!"W!8g"Wc8T"cT8k
TfdTk"-7*$"eGghT"Wh8k"cc8h"hf8f
WldWc"-7*$"kGl!l"WT8g"cc8k"eg8e
WfdWk"-7*$"hGkWg"TT8c"Wh8h"k!8h
cldcc"-7*$"gGhcf"!!8l"Tf8W"kW8h
Z+@3*$"H*'-$".-$"+'-'+$
hGghk"Tk8W"Wf8l"ch8!
!fd!k"-7*$"!Gclk"W8h"W8h"!8f
TldTc"-7*$"!GWgc"Te8g"Tk8l"TW8g
TfdTk"-7*$"!Gcfk"cc8W"ch8e"ch8h
WldWc"-7*$"!Gclg"cT8l"fT8!"gk8l
WfdWk"-7*$"!G!hl"Wc8W"cf8l"hf8!
cldcc"-7*$"ehT"!k8c"WT8e"eW8f
_3(@+0"F($,-0*
?($,-0*$"fGffh"Tf8f"WT8k"gT8!
Z*"d?($,-0*"fTGWcW"Tf8c"WW8f"gW8e
Z*/-^":+6('*"-"12+".*$"+$/(%-'*$"$*0"3+'*0'+-'*$G".*$"0R%+3*$",2+'+0"0*"$2%-3".*$"
/*/-.+$8
 !W

Q%01"05,N%)777
!/'($1/7'I/.\0'M/*\',0'-/'1$/N./7
3E,@%00.("8')&'%,'8"#9"'0+'(&,1.#+
$%&',"8'+)%0+='>'9&9&("8'@"1+'+'@"1+
0+'<&#)+)'$%&',"8'+(+#@+3"6"+,$%1

""""N*%+0S9"-"/3-6-J-3")*0"+.",*'+3*$*"$+0-'*3"'+"$2"'($/3(/*"-".*$"'(+)(*)F*"-7*$"'+"
+'-'8"#3-"20-"'+"$2$"$+)3+/-3(-$8"=0-"J*>+0"%25"6*0(/-G"F-64-"-,+0-$")*%,.+/-'*"20"
)23$*"/&)0()*")2-0'*")*%+0S9")*0"$2$",-'3+$"-"(0/3*'2)(3$+"+0".-$")-%,-7-$",*.4/()-$G"
-..4")*0*)(9"-"$+0-'*3G"12(+0"5-"%-'23*"5"'+"+Y,+3(+0)(-G"$*63+".*$")2-3+0/-"5")-$-'*G"
/+0(+0'*"F(J*$"%-5*3+$"12+"$2"$+)3+/-3(-8"#$/-".2+@*"'+"12+"+.">+0)(+3-"+0".-$"+.+))(*0+$G"
-)+,/9"*3@2..*$-"+.",2+$/*"'+"$+)3+/-3(-"+0"$2" *B()(0-")+0/3-.G"12+"
,*'34-"$+3".-"'+")2-.12(+3",-4$8
""""Q.")-6*"'+">-3(*$"%+$+$")*%(+0S-0".-$" $-.('-$"-"3+20(*0+$G"
.*$"-.%2+3S*$G"+..-")*%(+0S-"-"$+0/(3$+" (%,*3/-0/+"+0/3+"
/-0/-$"B(@23-$",*.4/()-$",3*%(0+0/+$"12+" $-.4-0"/*'*$".*$"'4-$"
+0".-",3+0$-G"3-'(*"5"H8\8G"'*0'+"-">+)+$"$+" -$*%-6-"$2")-3-"
/-%6(&08"#.")*%(+0S-"+.")*0$-6('*",3*)+$*"'+"$+'2))(90G".+"+0>4-"B.*3+$G".+"+0>4-"3+@-.*$G"
F-.-@*$"'+"/*'*"/(,*G"+..-")*%(+0S-"-")-+3".+0/-%+0/+G"F-$/-"12+")*%(+0S-0".-$"..+@-'-$"
/-3'+$"'+."/3-6-J*G".-$"F*3-$"F-$/-"/-3'+"+0".-$"*B()(0-$8]"20"62+0"'4-"$(0"$-6+3")*%*"5-"
+0/3-'*"+0".*$"'(+)(02+>+"+.",3*)+$*"'+"$+'2))(90"$+")*%,.+/-"5"+.".-")*0>+0)+"'+"12+"$+"
-)2+$/+")*0"+.8":+"-F4"+0"-'+.-0/+"+..-"$+")*0>(3/(9G"*"%+J*3"'()F*G"+.".-"F(S*"$+0/(3"12+"
+..-"+3-".-"B(@23-")+0/3-."+0"$2">('-",*.4/()-"5"+%*)(*0-.8"X+"-.12(.9"20"-,-3/-%+0/*G"+."
)2-."+..-"-)+,/9G",2+$/*"12+"0-33-6-"+..-"12+"$+"+0-%*39".*)-%+0/+"'+"+."i"/-.>+S"'+"$2"
B-%-G",26.()('-'G"5"'+".-"-2/*+$/(%-"12+"+..-"'+3(>-6-"'+"/*'*"+..*j8
""""N2-0'*"..+@9"F-$/-"%(")*0*)(%(+0/*"5-"+..-"/+0(-"Tc"-7*$"5"/*'*"+$+"/(+%,*"'+"
3+.-)(90")*0"+.8"#..-"0-33-6-"12+"0*",*'4-")*0/-3".-$">+)+$"+0"12+"+.".+"F-64-",3*%+/('*"
 !c

12+"$+"+$/-6-"'(>*3)(-0'*"'+"$2"+$,*$-G",*312+"0*".-"12+34-G"5"12+"-$4".*"F-34-8";+3*"+..-"
$+@24-"+$,+3-0'*"5"+$,+3-0'*8"=0"'4-"+.".+"'(J*"12+",-3-"+."+3-"'(B4)(.",*3".*"12+"
3+,3+$+0/-6-",*.4/()-%+0/+"+$/-3")-$-'*"5".-",&3'('-"12+"3+,3+$+0/-6-"20"'(>*3)(*8"`2+"
+$,+3-3-"20"/(+%,*"%-$"+0".*"12+"+."$+"3+/(3-6-8"]-"+."+$/-6-")-$(",*3".*$")(0)2+0/-"-7*$8
""""<(+0/3-$"/-0/*"%2)F*$"*/3*$"$+0-'*3+$"$+".+"F-64-0"-)+3)-'*"$(@(.*$-%+0/+"5"0*")*0"
62+0-$"(0/+0)(*0+$"-"*B3+)+3.+"/3-6-J*G")*0"F-.-@*$"%R./(,.+$"'+"/*'-$").-$+$8"H-%6(&0"
F26*")F()*$"J9>+0+$"G"62+0*$")-0'('-/*$G".*$")2-.+$"F-64-"/+0('*"12+"'+J-3",-$-3G",*3"$2"
3+.-)(90")*0"+."E38"E#ZQ:_C8
""""X-">+3'-'"+$"12+"+..-"+$/-6-"a+0-%*3-'-b"E+".+"0*/-6-"+0"+."F-6.-3G"%2)F*"F-64-"$('*"
-'2.-'-",*3"-12+."F*%63+"5"%2)F*"0+)+$(/-6-"+..-"'+"-12+..-"-'2.-)(908

_<%$=5,'+,'.$%01%'+,).,$1\'+,')5')5,c%'M/1/)1$\9"M%3
""""I2+0*G"-)P"+0/3+"0*$*/3*$G"+$+"-7*"+."$+0-'*3",+3'(9".-$"+.+))(*0+$G"+..-"0-/23-.%+0/+"
$+"12+'9"$(0"/3-6-J*G"+.".-"-)*%*'9"+0"20-"-@+0)(-"'+."@*6(+30*G",+3*"0*",2'*")*$/+-3.+"
%-$"$2"-,-3/-%+0/*G",*3".*"12+"+..-"%+"0-339G"+."$+"B2+"-.+J-0'*",*)*"-",*)*"'+"+..-G"
-2012+"+..-"-20"$(0"'+$,+3/-3"'+"$2"$2+7*".*"$+@24-"-%-0'*8"#."020)-"/2>*".-"(0/+0)(90"'+"
-6-0'*0-3"$2"B-%(.(-"-".-")2-."12+34-"%2)F*G"+."-62$*")3-$-%+0/+"'+"$2"(0*)+0)(-G"
>(.%+0/+",*'34-%*$"'+)(38"#..-",+)9"'+"F-6+3$+"+0-%*3-'*G"5")*%*"/*'*$"2$/+'+$"$-6+0G"
+."Q%*3"/(+0+"20"%*%+0/*"+0"$2")*%(+0S*"+0"12+"$+")*0>(+3/+"+0"20"$+0/(%(+0/*"
DCCQND_ZQXG"5"-">+)+$"+$-"(33-)(*0-.('-'"'23-"%2)F*"/(+%,*8
""""N2-0'*"$+"-)-69"+."@.-%*3"'+."LF*%63+",*'+3*$*G"'+."F*%63+"'+",3+0$-G"'+."F*%63+"
62$)-'*",*3"/*'*$"5".+"-63(+3*0">-3(*$")-$*$"'+")*332,)(90LG"B2+"+..-".-"12+"'+$,+3/98";+3*"
'+$,+3/9")*0"20-")3($($"'+,3+$(>-"$+>+3-",*3".-")2-."/2>*"12+"$+3"F*$,(/-.(S-'-8
""""Q."$-.(3"'+."F*$,(/-."5".2+@*"'+"'*$"-7*$"'+"$()*/+3-,(-G",2'*"3+F-)+3"$2">('-G"$+"
+0-%*39"+$/-">+S"'+".-",+3$*0-")-$(")*33+)/-"i3+)2+3'+0".*"12+".+$"'(J+j"5")*0/(029"F-)(-"
-'+.-0/+")*0"$2">('-8
""""N*%*",2+'+0">+3"+$/+")-$*"0*"3+12(+3+"%2)F-"+Y,.()-)(90^"=0"F*%63+"$(0"+$)3R,2.*$G"
+.")2-."$+"-,3*>+)F-"'+"20-"J*>+0)(/-"$(0"+Y,+3(+0)(-G"5")-$(".+"'+$/325+"$2">('-8"aM3-)(-$"
-":(*$"12+",+3'(9".-$"+.+))(*0+$b
 !f

!/'($/7'@"M/$/R5/;'+%M,'/c%)'+,'+%#-,'K"+/
3\+>'(+#.)"8'1+,'.,*%81"8'$%&"&6.@&,')&'8%8'(%*&#&8'%,+"?.)&0.)+)'$%&'&00"8'(.8("8'
<."0+,Z'8&'/+#&7&,'+'+$%&00"8"@&,&#+0&8')&'&*:#7.1"='$%&'A%>&,)""7"9+#)&(&,1&')&0'
&,&(.@"="$%.&#&,='8.,'&(9+#@"='$%&'8%8'8"0)+)"8"8"81&,@+,'&0'/%&81"'7",'<+0"#3'
<-51/$M%

""""N*%+0S9"-"/3-6-J-3"+0"'()F-"+%,3+$-")2-0'*"-,+0-$")*0/-6-")*0">+(0/()2-/3*"-7*$8"
#3-"20-"%2J+3",3+)(*$-G"3+)(&0")-$-'-G"$(0"F(J*$"5")*0"20-">('-"..+0-"'+"+$,+3-0S-"+"
(.2$(*0+$8
""""E2"/3-6-J*"/3-0$)233(9"0*3%-.",*3">-3(*$"%+$+$G"$2"$2,+3>($*3"20"F*%63+"-,2+$/*G"
,-3(+0/+"'+."'2+7*"'+".-"+%,3+$-G"$+",3*5+)/-6-")*%*"20-",+3$*0-"+)2P0(%+G"6-.-0)+-'*"
5")*0"20-",-S"(0/+30-"(0>(*.-6.+8"H3-/-6-"%25"6(+0"-"$2$"+%,.+-'*$G"'+"$(0"'($)3(%(0-3"
)*0"0-'(+G"+3-"3+.-/(>-%+0/+"J*>+0"+0"$2$"/3+(0/-"5"/-%6(&0")-$-'*8
#..-"%($%-"0*",*'4-"'-3%+"0(0@20-"+Y,.()-)(90"'+" ,*312+"'+J9"'+"-%-3"$"$2"
+$,*$*G"12(+0"$+@R0"+..-"+3-"20"%-3('*"+Y)+.+0/+8
"""":+"$2"$2,+3>($*3"/*'*"+."%20'*"F-6.-6-"6(+0G"+3-"20"F*%63+"'+"B-%(.(-"5"'+"
)*%20('-'G"'+"(@.+$(-G"0*"/+0(-"'+B+)/*$">($(6.+$8"#.")*%+0S9"-"/3-/-3.-"'(B+3+0/+G"-"
F-.-@-3.-G",+3*"$(0"B-./-3.+"+."3+$,+/*G")*0/3-3(*"-"*/3*$")-$*$G"020)-"$+"$(0/(9"F*$/(@-'-"
,*3"+.8"X+"+.*@(-6-"$2"/3-6-J*G".+")*0)+'4-"/(+%,*",-3-"$2$")*$-$8"Z-33-"+..-G"12+"'+"
,3*0/*"5"$(0"$-6+3")*%*G"$+"+0)*0/39"%(3P0'*.*"'(B+3+0/+G"5"20"62+0"'4-"$(0/(9"12+"+$/-6-"
+0-%*3-'-"'+"+.G",.-/90()-%+0/+G"+$/*"$2+.+"*)233(3"%2)F*"$(0")*0$+)2+0)(-$"G%-$"-..P"'+"
+..*G",+3*"+0"$2")-$*"0*"B2+"-$48
""""=0"'4-")*(0)('(+3*0"+0".-"%+$-"'+.")*%+'*3"'+".-"+%,3+$-".*$"'*$"$*.*$G"5"+..-"$+",2$*"
+Y/3+%-'-%+0/+"0+3>(*$-G"+.".*"0*/9"5".+"'(J*"$(0"%-$"3+,-3*$G"12+"$+"$+0/4-"-/3-4'*",*3"
+..-G"5"+..-G".2+@*"'+"12+"+.".+",3+@20/-3-G".+")*0/+$/9"+0".-"-B(3%-/(>-8".*"'+%P$"$*0"
'+/-..+$"12+"0*">(+0+0"-.")-$*8"N*%+0S-3*0"20-"3+.-)(90"40/(%-G"12+"5-"(6-",*3".*$"'*)+"
-7*$G"+..-".*"-%-6-",3*B20'-%+0/+"5"+."-"+..-G"/*'*".*"%-0/2>(+3*0"+0"$(.+0)(*"'+"20-"
%-0+3-"%-@($/3-.8
""""]-"+..-")*0"/3+$"F(J*$G"+."%($%*"%-3('*G"-.")2-."+..-"%($%-"'+)4-"12+"0*"-%-6-G"12+".*"
F-64-"'+J-'*"'+"12+3+3"F-)4-"-7*$"5",*3".*")2-."$+"$+0/4-"+Y/3+%-'-%+0/+")2.,-6.+G"F-64-"
B3+)2+0/-'*"/3+$"$(12(-/3-$"'23-0/+"+$*$"-7*$8"E+"'+332%6-6-",*3"/(+%,*$"5"$+"'+,3(%4-8"
Q%6*$"$+"F-64-0",3*%+/('*"+$/-3"J20/*$",-3-"$(+%,3+"-.@R0"'4-G"5"0(0@20*"$+"$+0/4-"6(+0"
)*0".-"$(/2-)(90"12+"/+04-08"X-"'*6.+">('-".*$"+$/-6-"..+>-0'*"-"+$/-'*$"'+,3+$(>*$"-"
-%6*$8
""""=0"62+0"'4-"+..-"0*",2'*"%P$"5".*$"/3+(0/-"5")2-/3*"-7*$".+")*%20()9"-"$2"+$,*$*"12+"
 !g

0*".*"-%-6-"5"12+34-"+."'(>*3)(*G".2+@*"'+.")*0$-6('*"/3-2%-"'+"20*$"%+$+$G"$+"
'(>*3)(-3*08
""""#..-"$(@2(9"$*.-")*0"$2$"F(J*$"5".-"3+.-)(90")*0"$2"$2,+3>($*38"#.".+",3*%+/(9"12+"$+"
'(>*3)(-34-"12+".+"'(+3-"/(+%,*G",+3*"+..-"0*/9G"/-3'+G"12+"+."0*"/+04-".-"%-$"%40(%-"
(0/+0)(90"'+"F-)+3.*G"5"B2+"+0/*0)+$"12+"'+)('(9"3*%,+3"$2"3+.-)(90")*0"+.8"Z*".+"B2+"
BP)(.G",2+$"+3-")*%*"20"$+@20'*"%-/3(%*0(*8";+3*"$+"-3%*"'+">-.*3"5"62$)9"-,*5*"'+"20-"
-%(@-8"N-%6(9"/*'*$".*$"0R%+3*$"'+"/+.&B*0*G"+."'+"$2"6++,+3G"5"3+020)(9"-."/3-6-J*8"#.".-"
+$/2>*"-)*$-0'*",*3">-3(*$"%+$+$G"F-$/-"12+".-"'+J9"'+"62$)-38
""""N2-0'*">(0*"-"%("F-)+"%-$"'+"'(+S"-7*$G"/-%6(&0G")*%*"+3-"'+"+$,+3-3$+G">(0*"+0"20-"
)3($($"'+"'+,3+$(90G"0*",*'4-"'*3%(3G"$+"$+0/4-"F2%(..-'-G")2.,-6.+G"$(0"B2/23*G"..*3*$-"
/*'*"+."/(+%,*G"..+@9"-"/+0+3"('+-$"$2()('-$"5"0*"$+0/4-",.-)+3",*3"0-'-"+0".-">('-8"
%-0(B+$/-6-"12+"-20".*"-%-6-8"a`2+"(3*04-b";*3"+$*".+$"'(J+"-.",3(0)(,(*"12+"+."Q%*3"
,2+'+"$+3"+0"%2)F-$"*)-$(*0+$G"(33-)(*0-.G".*$"$+0/(%(+0/*$"-0'-0",*3"20".-'*G"5".-"3-S90"
,*3"*/3*8":+)4-^"dLM.'(&'1"/"'7",'&0')&'?#&,1&=',"'8&'$%&'A+#-+3P"H3-/P0'*%+"'+"'+)(3"12+"
$2)2%6(34-"*/3-">+S8

_<%$=5,'-%'+,a\'+,'/N/$3
""""Q"$2"+$,*$*G"%+"3+B(+3*888",2+$"+Y,.()-"+..-G"12+".2+@*"'+"+Y,+3(%+0/-3".-"3+.-)(90"
40/(%-"5")+3)-0-")*0"$2"$2,+3>($*3G")*%+0S9"-")*%,-3-3".*"12+"$+0/4-",*3"+.")*0"+."Q%*3"
12+"$+0/4-",*3"$2"+$,*$*8"N.-3*"+$/PG"$2"+$,*$*"..+>-6-".-$"'+",+3'+3"+0"+$/-")*%,-3-)(90"
(0J2$/-8";+3*"+..-"0*"$+"'-6-")2+0/-"'+.")43)2.*">()(*$*"+0"+."12+")-598"E2"3+.-)(90")*0"$2"
$2,+3>($*3G"0*")*0..+>-6-"0(0@R0"/(,*"'+")*%,3*%($*8"#3-"20-"3+.-)(90".(0+-.G"$*.*"'+"
Q%*3G"0*"$23@4-0".-$"*/3-$"+%*)(*0+$"B2+3/+$"12+",*3".-",3*,(-"'(0P%()-"'+."%-/3(%*0(*G"
/(+0+0"12+"$23@(38"#%*)(*0+$")*%*^"-0@2$/(-G"/+%*3+$G")+.*$G")*3-J+G"'($)2$(*0+$"6-0-.+$"
12+"+0"/*'*"%-/3(%*0(*"+Y($/+0G"+/)8"*"$+-G"12+"+0".-")*%,-3-)(90G"B*3S*$-%+0/+"$2"
+$,*$*"12+'-6-"$(+%,3+"+0"'+$>+0/-J-8"E2"$2,+3>($*3"$(+%,3+".+"%*$/39"L.-")-3-".(0'-L"'+"
$2",+3$*0-.('-'G"+."F*%63+")-$(",+3B+)/*"12+"/*'*$"-'*3-6-08"]"+..-G")-59"+0".-"/3-%,-"'+"
+$-"'(0P%()-"/-0")*0*)('-",*3"0*$*/3*$".*$"$(12(-/3-$G"5"12+">+%*$"-"'(-3(*"+0"02+$/3-$"
*B()(0-$8
""""#0"3+-.('-'G"'+$'+"20",3(0)(,(*"+..-"0*".+"'(*"-"$2"+$,*$*".-"%-$"%40(%-"*,*3/20('-'"
'+"12+".+"'+%*$/3-3-"$2"Q%*3G",2+$"+0"+..-"+Y($/4-"20-"6-33+3-"(33*%,(6.+8"#..-"020)-"
..+@9"-"-%-3.*G"+Y)+,/*",*3".*$"'*$"-7*$"'+"0*>(*"5".*$",3(%+3*$"%+$+$"'+")-$-'*$8
Q%0),a%
""""#$/&0"%25"-/+0/*$"-"$2$",3*,(*$"$+0/(%(+0/*$G"+$,+)(-.%+0/+"+0"$2$"3+$,+)/(>-$"P3+-$"
'+"/3-6-J*8"C+)2+3'+0"12+"+."%-/3(%*0(*"/3-+"/*'-$".-$"+%*)(*0+$"+0"+.")*0/3-/*G"+$"
(0J2$/*")*%,-3-3"20-"$*.-"'+"+..-$"+0"3+.-)(*0+$"B-0/-$(*$-$G"'*0'+"0*"F-5")*%,3*%($*"
'+"0(0@20-").-$+G",*3",-3/+"'+".-$",+3$*0-$"+0>2+./-$8"#$"BP)(."+0>*.>+3$+"+0"20-"3+.-)(90"
'*0'+"$*.*"/+",('+0"20"%*%+0/*"'+"L$+Y*L"5".2+@*"/+"%-3)F-$"-"/2")-$-"-".('(-3")*0"/2$"
,3*6.+%-$G"12+"+."*/3*"*".-"*/3-"0*"/(+0+"12+"3+$*.>+38"#$*"0*"+$"Q%*38"#0"/*'-$"+$/-$"
3+.-)(*0+$"F+">($/*"-".*".-3@*"'+".*$"-7*$G"12+")2-0'*"..+@-".-"F*3-"'+".-">+3'-'G"'+."
L)*%,3*%($*L"G"20*"'+".*$"'*$"$+"3+/(3-"5"'()+".*"$(+0/*G"5"/+"'-"-.@20-"+Y)2$-8";2+$/*"
12+"/*'*"+."%20'*".+"/+%+"-.")*%,3*%($*G"+$,+)(-.%+0/+")2-0'*".-"B-$+"+)*09%()-"+0/3-"
+0"J2+@*G"+$-"B-$+"+$".-"L"+$,-0/-"-%*3+$LG")*%*"5*".+"'(@*"J*)*$-%+0/+8"Q$4"12+",-3-"
3+$2%(3G".-"E3-8"Z()-3-@2-")*%+0S9"'+$'+"+."(0()(*"20-"3+.-)(90"-%*3*$-".(0+-.G"'*0'+"0*"
F26*")*%,3*%($*G"5"+0/3*"+0"+.")43)2.*">()(*$*"'+")*%,-3-3"'*$"3+.-)(*0+$")*0"
,-3P%+/3*$"(0-,.()-6.+$G"'*0'+"$2"3+.-)(90",3(0)(,-."$(+%,3+"+$/2>*"+0"'+$>+0/-J-8"Z*"
 !h

)*%+/-0"+$+"+33*3G"+$/&0"6(+0"-.+3/-"-"$2$",3*,(*$"$+0/(%(+0/*$G"3+)2+3'+0"12+"+."$+Y*"+$"
20-"3+.-)(90"6(*.9@()-G"'*0'+"$+"+0>2+.>+"/*'*"+.")2+3,*G"/-0/*"124%()-%+0/+G")*%*"
+%*)(*0-.%+0/+G"5"+$"20-"3+.-)(90"B2+3/+G"'*0'+"$+"$+)3+/-0"F*3%*0-$"-".-"$-0@3+G"+$"
)*%*"20-"'3*@-G"5"-,.()-0".*$"%($%*$",3(0)(,(*$"'+".-"-'()(90"-".-$"'3*@-$G"20-">+S"
)*%(+0S-$G"+$"'(B4)(."'+",-3-3G"5"'+6+$"62$)-3"-52'-"'+"(0%+'(-/*G"$(")*%*"+0"+$/+")-$*"+$"
'-7(0*",-3-"/2">('-8";*312+"/+".*"-$+@23*G"/-3'+"*"/+%,3-0*G".*"$+3P8

T-'($7'>0+%0,)"/'M/,',0'-/'1$/N./

3E0'+@#+)&7.(.&,1"'&8'0+
 !e

(&("#.+')&0'7"#+BC,]""!/%A2),

""""_,/9%+/3-"'+",3*B+$(90G">(>+"20-">('-"%-$"*"%+0*$"
..+>-'+3-G"-2012+"+0".-",-3/+"+)*09%()-"$(+%,3+"/(+0+"-".*$"
-)3++'*3+$",($P0'*.+".*$"/-.*0+$"5"$2"+$,*$-"/3-6-J-6-")*0"+."+0"
$2"*B()(0-G"+..-"/2>*"12+"62$)-3$+"*/3*"+%,.+*"'-'*"12+".+$"+3-"
(%,*$(6.+"$*63+>(>(3")*0"$*.*"$2$"(0@3+$*$8"E2"%-/3(%*0(*"B2+"
+$/-6.+",*3">-3(*$"-7*$G"%(+0/3-$"+..-"+$/2>*")+3)-"'+"+.8"#."/+04-"
%2)F-$"0+)+$('-'+$"(0$-/($B+)F-$"'+"$2"0(7+S"5"-'*.+$)+0)(-G"
$+@R0"+Y,.()-6-G".*")2-.".*"..+>9"-"+0/3-3"+0".*"-F*3-".+$">*5"-"
0-33-38
""""=0"62+0"'4-G")*%*"*/3*")2-.12(+3-"+0"$2">('-G"..+@-"-"$2"
*B()(0-G"+$/-"$+7*3-"i"F-)+"'(+S"-7*$"-/3P$j"-"12+".+",3-)/()-3-0"20"+Y-%+0"-"$2"F(J*8"H*'*"
/3-0$)233(9"0*3%-.G"F-$/-"+."B(0-."'+".-")*0$2./-G")2-0'*".-"$+7*3-G"12+"+Y,.()-6-"&."+3-"
%25".(0'-"5"J*>+0G"'+"20*$"/3+(0/-"-7*$G")-$-'-"5")*0"20-"B(@23-"'+"%*'+.*G".+"'+J9"20-"
/-3J+/-"'+"$2"/3-6-J*"5".+"$2@(3(9"12+".-"..-%-3-"+0"-.@R0"%*%+0/*8
""""H3-0$)233(9"20-"$+%-0-"-0/+$"'+"12+"+."$2)2%6(+3-"-".-"/+0/-)(90"'+"..-%-3.-G",+3*".*"
F(S*G")*%+/(9"+."+33*3"12+"5-"*/3*$"-0/+$"12+"&."F-64-0")*%+/('*8"#..-"+3-"20-"$+'2)/*3-"
,3*B+$(*0-."12+">(>4-"'+".*$"F*%63+$"12+"+..-"J2S@-6-G"/+04-0"'(0+3*G".*$"+0>*.>4-"
.+0/-%+0/+"'+0/3*"'+"$2"+$12+%-G"+.")2-."F-64-",3-)/()-'*"%2)F-$">+)+$8"N*%+0S9",*3"
-.%*3S-3")*0"&."5"'+)(3.+"12+"+..-"+3-"20-"%2J+3"%25"L)*%,3*%+/('-")*0".*$"$25*$LG"L12+"
-%-6-"-"$2$"F(J*$G",+3*"12+"/+04-"20-"3+.-)(90"'+"'+,+0'+0)(-")*0"$2"+$,*$*G"-.")2-."/+04-"
12+"+$/-3")2('-0'*"/*'*"+."/(+%,*8"]",*3"-F4"$(@2(98"X+"'+J9"$-6+3",-3/+"'+"$2">('-G"$2"
,3*)+'+0)(-",*63+G"'+"20",2+6.(/*"'+".-"%*0/-7-G"'+"20"6-33(*",*63+8"?(S*G"$(0"12+"+."$+"
'(+3-")2+0/-G"12+".+"/*%-3-",+0-8"]"$+",3+$+0/9")*%*".-"'-%-" ,+3B+)/-G"
.2)F-'*3-G"$-)3(B()-'-G"12+")-3+)4-"'+"3+)23$*$",-3-"$-.(3"-"B.*/+"+0" $2">('-"i*/3*"
)-$*"/4,()*"12+"$+">+"%2)F*"+0"$(12(-/34-j8
""""#."E38"D0'*0+$(-"'+"20*$"/3+(0/-"/-%6(&0G"$+"+0-%*39"'+"+..-G"+..-"$+".+",3+$+0/9"+0"
6-0'+J-"'+",.-/-G"BP)(.%+0/+G")*%*"+3-"$2")*$/2%63+"5")*%*"+3-"$2"+$12+%-G"5-"
,.-0(B()-'*"5"%+%*3(S-'*")*0"/-0/*$"*/3*$"F*%63+$",3*B+$(*0-.+$"5"'+"0+@*)(*$8"
;3P)/()-%+0/+"+0"20-"$+%-0-"5-"F-64-0",-$-'*"-."$+@20'*",-$*G"3+.-)(*0+$"40/(%-$8"#."
12+'9"'+$.2%63-'*",*3"+..-G"12(+0"$+@R0"0-33-6-"&.G"+3-"20-"+Y,+3/-"+0"/*'*8"D0).2$(>+"
%-0+J-6-"%25"6(+0".-",-3/+",$()*.9@()-"5"'+"%-0(,2.-)(90"B(0-8"#..-"2/(.(S-6-"-"$2$"F(J*$"
)*%*")-30-'-",-3-"+0/3-3"-".*$".2@-3+$"'*0'+",*'4-")*0*)+3"%2)F*$"F*%63+$G"..+>-6-"-"
$2$"F(J*$".*$"'+,*3/+$G".*$"-)*%,-7-6-"-".*$">(-J+$G"$(+%,3+"$*.-G"+/)8"]".*$"F*%63+$"
)-4-0G",+3'*0+0".-"+Y,3+$(90G")*%*",+$)-'*$8
""""#..-">(>4-"'+."@*6(+30*G"3+,*3/-6-"20"$-.-3(*"6-J*G"5">(>4-"+0".2@-3+$"'+"6-J*")*$/*G"
2/(.(S-0'*"/*'*$".*$"$+3>()(*$"'+."@*6(+30*G",+3*"/+04-"20"-2/*%9>(."'+."-7*"%25"6*0(/*"5"
$(+%,3+".2)4-"5">+$/4-")*%*"20-"%2J+3"-'(0+3-'-8"E-.4-"'+"$2"%20'*"'+",*63+S-"5"0-'(+"
,+0$-34-"J-%P$"12+">+04-"'+"-..48";*3"+$*"+.",*63+"/*0/*"'+."E38"D0'*0+$(-")-5*"
.(@+3-%+0/+8
""""N*%+0S9"-"'-3.+"/*'*"+."'(0+3*"12+"+..-".+",+'4-G"'+)4-G"12+".+"/+0(-".P$/(%-G",*312+"
+..-"+3-"20-"%2J+3".2)F-'*3-"5"/3-6-J-'*3-8"#."+3-"20"F*%63+"'+"62+0")*3-S90G",+3*"$2$"
3+)23$*$"+3-0"+$)-$*$G"+..-")*%*"+3-"(@0*3-0/+"$*63+"$2"$(/2-)(90"+)*09%()-",+0$-6-"12+"
&.")*%*".*$"'+%P$"/+04-"%2)F*"'(0+3*8"Q$4"12+"&.G")*%+0S9"-"'3+0-3"-"$2"B-%(.(-",-3-"
-,-3+0/-3"-0/+"+..-G"5-"12+"+$/-6-".*)*"+0-%*3-'*"'+"+..-i"+$/*".*"'()+"+.">-3(*$"-7*$"
 !k

'+$,2&$j8"]"+..-".+"F-)4-")3++3".*"%($%*"-"&.8
""""X.+>-6-0">-3(*$"-7*$"'+"3+.-)(90"5"$2"+$,*$-G"$(+%,3+",3+@20/P0'*.+",*3"+."'(0+3*G"+."
.+"'-6-"+Y)2$-$")*0>(0)+0/+$8"X-"$+7*3-"/+04-"-"$2"+$,*$*"/*/-.%+0/+")*0/3*.-'*G"+3-"%25"
'*%(0-0/+G"5"&.".+"F-64-"0*/-'*"+$-")-3-)/+34$/()-"F-)4-"/(+%,*8"=0"'4-"+."'+$)263(9"12+"
+..-"/+04-"*/3*"-%(@*i'+".*$"%2)F*$jG"5"0*/9".-")*0B(-0S-"+Y)+$(>-"'+"+."F-)(-"+..-G"$+"
,2$*")+.*$*"5".-"(0/+33*@9G"+..-".+")*0/+$/9[d"LQ.8'+(.81+)&8'8",'(.8'+(.81+)&8='&0'&8 '
+(.@"'(-"'/#.(&#"'$%&'1%='>',.'8.$%.&#+'+'(.'(+#.)"'0&'/&#(.1"'$%&'8&'(&1+'7",'&00+83P'
:()+"+."12+"+$+"B2+"$2",3(%+3")F*12+")*0".-"3+-.('-'"5")*%+0S9"-"'-3$+")2+0/-G"'+")*0"
12(+0"+$/-6-".('(-0'*G",+3*"-R0"-$4G"0*",*'4-"'+$,3+0'+3$+"'+"+..-G"-2012+"-"+..-"0*".+"
(%,*3/-6-G",2+$",-3-"+..-"+."+3-"20*"%P$"+0"$2">('-8"N*%+0S9"-"-.+J-3$+"20",*)*G",+3*"
+..-".*"..-%-6-G".+"+0>(-6-"%+0$-J+$",*3"+."6++,+3G".+",+'4-"12+".+"+0>(-3P"B.*3+$G"12+".+"
F-)4-0"B-./-G"+/)8"]"+.">*.>4-"5"$2)2%64-8";*3"+$*"(0$($/*"+0"12+">(@(.+0"$2$"+%*)(*0+$G"
3+)2+3'+0G"L+."Q%*3"0*"3-S*0-G"+$"+."F*%63+"*".-"%2J+3"12(+0"'+6+"3-S*0-3L8
""""#."E38"D0'*0+$(-G"$(@2(9"-$4G"+0"+$+"+$12+%-G"F-$/-"12+"$+"+0/+39",*3")-$2-.('-'G"
F-6.-0'*")*0"*/3*").(+0/+G"F*%63+"'+"0+@*)(*$G"12+"+..-"$-.4-")*0"+."/-%6(&08"]-"+3-0"/3+$G"
+.".+")*%+0/9".*"'+"&.")*0"+..-"5"-%6*$"$+"12+'-3*0"6*12(-6(+3/*$"5"'+)('(+3*0"
(0>+$/(@-3.-G"+."*/3*"F*%63+"'+"0+@*)(*$G".+"F-64-"L,3+$/-'*")(0)*"%(."'9.-3+$LG"F-64-0"
>(-J-'*"J20/*$"-."+Y/3-0J+3*G"+/)8"#..-"(0).2$*".+"F-64-"'-'*"$2"0R%+3*"'+")2+0/-"6-0)-3(*"
-"-%6*$",-3-"12+".+"'+,*$(/-3-0")2-0'*"+..-"L.+$",('(+3-",3+$/-'*L8"aN-3-%6-"12+"
%2J+3)(/-b"a]"12+",*63+$"/*0/*$b"#..-"+3-"$(%,.+%+0/+"20-"<O^(2>2Z24'Q4(464'i'
Q4(TO4;"0*"F-5"*/3-"B*3%-"'+">+3.*"5"-$4"%($%*".*"(0/+3,3+/-3*0"-%6*$"F*%63+$8
""""X2+@*"'+"(0>+$/(@-3.-")*0"20"'+/+)/(>+"'+".*$"%+J*3+$G"+0)*0/3-3*0"12+"+..-"%-0+J-6-"
+0/3+"$(+/+"-"'(+S"F*%63+$"-".-">+S"BP)(.%+0/+8"]"$+"'-6-".-"@3-0">('-"'+"3()-"-0/+"$2"
B-%(.(-"5"$2$"-%($/-'+$8"N-%6(9"'+"/3-6-J*"-"20*"'*0'+"i0*">*5"-"'+)(3")2-.j",*'4-"(3"-"
'*%()(.(*"5"+0@-7-6-"BP)(.%+0/+"-"$2"+$,*$*G"..-%P0'*.*"'+."/+.&B*0*")+.2.-3"%(+0/3-$"
+$/-6-"+0".-")-%-G"+0"+."6(..-3G"+0".-"B20+3-3(-G"+0"+."%*/+."*"$+0)(..-%+0/+"+0".-")-%-"'+"
.-",3*,(-")-$-"'+")2-.12(+3-"'+".*$"F*%63+$"-".*$"12+".+"'-6-"L'($"12+"$+3>()(*$"-"
'*%()(.(*"i.2+@*"'+$)263(+3*0"12+"+..-"+3-"6($+Y2-.jL8
""""QF4"-)-69"/*'*",-3-"+..*$G"+."E38"D0'*0+$(-"-,3+0'(9"$2".+))(90G"0*"$("-0/+$",-$-3",*3"
20-"+0B+3%+'-'">+0&3+-"5"F-)+3$+".-",32+6-"'+."(>647"N*0/-)/-3*0"-"/*'*$".*$"'+%P$"
$+7*3+$"5".*$",2$(+3*0"+0"-.+3/-8"Q"+..-".-")*0B3*0/-3*0"5"*,/9",*3"(3$+"'+.",-4$"20"/(+%,*G"
0-'(+"020)-"$2,*",*312+8"a#."R0()*"12+"-R0"0*".*"$-6+"+$"+."%-3('*"5".*$"F(J*$b

_6,a\'+,'/N/$'/')5',).%)/3
""""Q@3-)(-'-%+0/+"0*G".-"$(/2-)(90"$+"'+$)263(9"-"/(+%,*G"-2012+"
$2"+$,*$-"G"$+@R0"'(J*"+."E38"D0'*0+$(-G"020)-"$2,*"0-'-8
"""";+3*")24'+0$+"%($"-%(@*$"5"-%(@-$G"12+"+$/-$"$(/2-)(*0+$"'+"
>(>('*3+$G"$+"'-"+0"-%6*$".-'*$G"5"'+"/*'-$"B*3%-$8"Q%6*$"$+Y*$"
.*",3-)/()-08"#0"#8=8"$+"'+$)263(9"20-"3+'"'+"%2J+3+$")-$-'-$"12+"
,3-)/()-6-0".-",3*$/(/2)(90"i!kef"+0"<-$$-)F2$+//$jG"12+"F-$/-"
(0).2$(>+"/+04-0")*%,2/-'*3-$",-3-"F-)+3".-$")(/-$8
Q%0),a%
""""Z*")3+-0"+0"+."Q%*3"BP)(.G"$(+%,3+">(@(.+0"12+"+Y($/+"'+/3P$"'+"
+..*G",*312+".+$"-$+@23*"12+">-0"-"'+$)263(3"-.@*"'+$-@3-'-6.+8"
 Tl

I2+0*"5",-3-"'+$-.+0/-3.*$"20",*)*"%-$">+-0".-$"$(@2(+0/+$"+$/-'4$/()-$^
(>64'L5,$1,);'HCVC'*'HCCB
K2+0/+^"C+>($/-$"%&'()-$
H*'-$".-$"3-S-$!"I.-0)*$"Z+@3*$
!kek"!kkl"!kek"!kkl"!kek"!kkl"E+Y*"5"C-S-"ZR%+3*$"C-/+T"ZR%+3*$"C-/+T"ZR%+3*$"
C-/+T"ZR%+3*$"C-/+T"ZR%+3*$"C-/+T"ZR%+3*$"C-/+T
4N#%)'),j%)&
H*'-$".-$"+'-'+$"T!GWgl"e8g"TcG!Tl"k8g"!cGhWl"h8l"!gGfel"h8k"gGchl"T!8!"hGWTl"TW8f
I-J*"!f"Q7*$"Tfl"l8f"Wkl"l8h"!cl"l8W"!cl"l8W"!!l"!8W"Tcl"T8e
!fdTc"-7*$"fll"!8c"fel"!8g"WTl"!8!"Thl"l8k"!el"W8W"W!l"f8e
TfdWc"-7*$"hGcll"!g8k"eGcgl"!k8W"cGe!l"!W8!"fGhTl"!f8h"TGfcl"cf8g"TGggl"ch8c
Wfdcc"-7*$"eGgTl"TW8g"kGhWl"Tf8h"gGlgl"!k8c"gGgel"Tl8h"TGcel"gT8T"TGkgl"hl8e
cfdfc"-7*$"TGkkl"!T8l"WGTcl"!T8h"TG!hl"!l8!"TGf!l"!!8c"ell"Wl8g"h!l"Tg8f
E*63+"ff"-7*$"!Gfhl"W8l"!Ggkl"W8T"!GTTl"T8g"!GTcl"T8g"Wcl"h8T"cWl"k8l
:+$)*0*)('*$"Tl"m"Tl"m"!l"m"!l"m
H*'-$".-$"+'-'+$"!kGlgl"!f8e"T!G!cl"!h8W"!WGhfl"!W8f"!fGWgl"!c8k"fG!cl"Wf8W"fGfkl"Wh8e
I-J*"!f"-7*$"!!l"l8c"Tgl"l8k"hl"l8W"!!l"l8f"cl"l8k"!cl"W8T
!fdTc"-7*$"cTl"T8W"c!l"T8W"Thl"!8e"TTl"!8f"!fl"f8g"!kl"h8T
TfdWc"-7*$"gGckl"Tk8g"hGTTl"WW8l"cGcfl"Tc8l"fG!el"Te8!"!Gkkl"hf8g"!Gkgl"hW8k
Wcdcc"-7*$"hGegl"cW8g"eGhcl"cg8h"fGhkl"Wh8T"gGWfl"Wk8c"!Gkkl"!lk8f"TGWTl"!T!8f
cfdfc"-7*$"TGhel"TW8l"WGlcl"Tc8f"TGlkl"!k8e"TGWkl"TT8!"ghl"fh8W"gWl"fT8g
E*63+"ff"-7*$"!GWkl"g8!"!Gcfl"g8W"!Glhl"f8W"!Glkl"f8W"Wll"!f8l"Wcl"!g8h
:+$)*0*)('*"!l"m"Tl"m"!l"m"!l"m"m"m"!l"m"ZR%+3*"n-"+'-'"m"!f8l"m"!g8W"m"
!T8g"m"!W8e"m"Wh8h"m"Wk8h
P,N,0"0/)
H*'-$".-$"+'-'+$"TGWll"!8e"TGkel"T8W"khl"l8k"!GTTl"!8!"!GWWl"e8W"!GhWl"!l8g
I-J*"!f"-7*$"!cl"l8f"!Wl"l8f"hl"l8W"Wl"l8!"hl"!8h"!ll"T8c
!fdTc"-7*$"el"l8c"!hl"!8l"fl"l8W"fl"l8W"Wl"!8!"!Tl"c8c
TfdWc"-7*$"k!l"c8T"!GTcl"f8h"Wgl"T8l"fcl"W8l"ffl"!e8h"gkl"TW8W
Wfdcc"-7*$"hgl"c8!"kkl"f8T"Thl"!8h"WWl"T8l"ckl"TT8g"gcl"Te8T
cfdfc"-7*$"T!l"!8g"Tll"!8f"el"l8h"!Tl"!8!"!Wl"k8l"el"f8c
E*63+"ff"-7*$"!el"l8g"Tcl"l8e"!cl"l8f"!fl"l8g"cl"!8f"kl"W8W
:+$)*0*)('*$"!l"m"m"m"m"m"m"m"!l"m"m"m
'

T09,$N,+/+,)'K,0b$,/)&
""""#0B+3%+'-'+$">+0&3+-$G")2-.12(+3"+0B+3%+'-'"(0B+))(*$-G")-$("$(+%,3+"/3-0$%(/('-"
%+'(-0/+")*0/-)/*"$+Y2-.8"#$/-$"+0B+3%+'-'+$"(0).25+0"M_Z_CC#QG"EDKDXDEG"23+/34/($"
0*d"@*0*)9)()-G"5"?#C;#E"ED<;X#"M#ZDHQX8"X*$")-%6(*$"+0".-")*0'2)/-"$+Y2-."+0"
.-$"R./(%-$"/3+$"'&)-'-$"F-0")*0/3(62('*"-"20"-2%+0/*"+0".-"(0)('+0)(-"(0"'+".-$"
+0B+3%+'-'+$">+0&3+-$"-.3+'+'*3"'+."%20'*8"X*$",3*@3-%-$"'+"$-.2'",3+>+0/(>-"5"+."2$*"
'+"-0/(6(9/()*$"F-0"3+'2)('*".-"$+>+3('-'"'+"+$/-$"+0B+3%+'-'+$G",+3*".-$"+,('+%(-$G"
+$,+)(-.%+0/+"'+"@*0*33+-G")*0/(0R-0"+0"-2%+0/*8"X-"6-3/*.(04/($"*"(0B+))(90"'+".-$"
 T!

@.P0'2.-$"6-3/*.(0-$"i.-6(-$"%-5*3+$">-@(0-.+$jG"$*0"20-"'+".-$">-3(-$")*0$+)2+0)(-$"
(0%+'(-/-$"'+".-$"+0B+3%+'-'+$">+0&3+-$G"$+">+0"%2)F*"+0"%2J+3+$",3*%($)2-$"5"+0"
,3*$/(/2/-$G"-2012+",2+'+0"+Y($/(3"*/3-$")-2$-$",3*6-6.+$8"a#$/&0"-.+3/-$b

'

!/'($1/7'Q5#/'+,'M/1%$M,'/c%)'*',-'($7'Q5#/
e,M"0%')5*%'+,'M5/$,01/'*')",1,7
i=0-"F($/*3(-"%25"/3($/+j

3O,'A"(9#&'$%&'1.&,&'%,'+0(+'A&#("8+='8.&(/#&'1.&,&'+0@%,+8'7"8+8'$%&')&7.#Z
O,'A"(9#&'$%&').7&'7"8+8'A&#("8+8=',"'1.&,&',&7&8+#.+(&,1&'%,'+0(+'A&#("8+3'
Q%095M"%

""""\+)(0*$"'+"/*'-".-">('-G"-%6-$"B-%(.(-$"-%(@-$8"=0"62+0"'4-"+."E38"N26-"/(+0+"20-"
'($,2/-")*0"$2"+$,*$-"5"$+"$+,-3-0G"+..-"$+"%-3)F-"'+"$2")-$-"5"+."$+"12+'-"$*.*">(>(+0'*"
+0".-")-$-8"X-"E3/-8"N26-")*0/-6-"$*.*")*0")-/*3)+"-7*$G"+3-".-"%+0*3"'+".-"B-%(.(-"5".-"
R0()-"+0".-")-$-G".*$",-'3+$".2)4-0"6(+0",*)*"$*B($/()-'*$",$()*.9@()-%+0/+"5"F-$/-"
+Y)+$(>-%+0/+")*0B(-'*$8"#3-0",+3$*0-$"%-3->(..*$-$G"F*03-'*$"5"/3-6-J-'*3+$G">(>4-0"+0"
+.")-%,*G"+0"20-"B(0)-G"20",*)*"-.+J-'*$"'+".-")(2'-'8"X-"E3/-8" N26-"+3-"20-"
J*>+0)(/-G"+Y/3+%-'-%+0/+",-3.-0)F(0-G">(>-3-)F-G"5"%25" '+$,(+3/-"
 TT

$+Y2-.%+0/+",-3-"$2"+'-'G".*")2-."F-64-"-,3+0'('*"+0".-"+$)2+.-"5"'+"20-"/4-"12+"+3-"
6-$/-0/+".(6+3/(0-8";+3*"$2$",-'3+$"0*"$+"F-64-0",+3)-/-'*"'+"0-'-"'+"+$/*G"0("'+".*$"
)-%6(*$"+0")*0'2)/-"'+"$2"F(J-8
""""#."E38"N26-"+3-"20"F*%63+"%2J+3(+@*G"'+",*)*$"+$)3R,2.*$G"$+")*0$+3>-6-"%2$)2.*$*"5"
B2+3/+",-3-"$2"+'-'G"5"-,-3+0/-6-"/+0+3"%+0*$"+'-'8"X*$",-'3+$"'+".-"J*>+0)(/-"
)*%+/(+3*0"+."@3->+"+33*3"'+",+'(3.+"-."$+7*3">+)(0*"12+".-"..+>-3-"-".-"+$)2+.-"+0".-$"
%-7-0-$8"#."$+7*3"12(+0"+3-"20"+Y,+3/*"$+'2)/*3G"0*"/-3'9"%2)F*"+0"$+'2)(3"-".-"J*>+0G"5"
+0"+."/3-5+)/*"$+"%+/4-0",*3".2@-3+$"+$)*0'('*$"-"$*$/+0+3"3+.-)(*0+$"$+Y2-.+$G".*")2-.".+"
-@3-'-6-"-".-"J*>+0"5"0*".*"0+@-6-"'23-0/+".-$"/+3-,(-$8"Z-33-6-"+..-"12+"+..-"%($%-".*"
..-%-6-",*3"+."6++,+3"*"+.")+.2.-3"i%-.'(/*$"6++,+3$j",-3-"12+".-"B2+$+"-"62$)-3"5".-"
..+>-3-"-")*%+3"5".2+@*"-".*$"%*/+.+$8"Q$4"+$/2>(+3*0",*3"20"-7*G"(0).2$*"F-$/-"+0".-"
,3*,(-")-$-"'+."$+7*38"#..-",+0$9"12+"+$/-"+0-%*3-'-"'+"+.G"12+".*"-%-6-G"12+".-"+'-'"0*"
F-)4-"0(0@20-"'(B+3+0)(-G"+/)8"\(>4-"+0"20"%20'*"'+"B-0/-$4-",3*,(*"'+".-"+'-'8"N2-0'*".-"
>(",*3",3(%+3-">+S"5-"/*'*"+$/*"F-64-",-$-'*"F-)(-"'*$"-7*$8"U;*312+">(0*"-"%(V"]-"+."E38"
N26-"F-64-">2+./*")*0"$2"+$,*$-"5")*0/(02-6-0"/*'*$"$(+0'*".*$"%+J*3+$">+)(0*$8
"""";+3*".*"12+"0-'(+",2'*"'+/+)/-3"+3-"12+".-"E3/-8"N26-"+$/-6-"'+$-33*..-0'*"20-"
+0B+3%+'-'"+%*)(*0-."12+",2+'+"$+3"F+3+'(/-3(-G"5"'+".-")2-."20*"'+".*$"$40/*%-$".*"+$G".-"
'+$"(0F(6()(90"$+Y2-."'+$+0B3+0-'-G"*",3*%($)2('-'"+0"-.@20*$")-$*$G"$(0"$+0/(3"+."%-$"
%40(%*"3+%*3'(%(+0/*G"*"$+0/(%(+0/*$"'+")2.,-8G"-."%+0*$G"-."%*%+0/*8"#..-"F-64-"
0-)('*"-$4"5"..+@9"+."%*%+0/*"+0"12+"$2"+0B+3%+'-'G"F(S*")3($($G")*0"+.">+)(0*G"12+"$(0"
+$)3R,2.*$"$+"-,3*>+)F*"'+"+..-8
""""N2-0'*"..+@9"-"%("*B()(0-"5-"(6-",*3"$2"/+3)+3"F*%63+G"5"/+04-"20"6+6&8"]")*0/(02-6-"
20-")*0'2)/-"+33P/()-"5"'+$*3'+0-'-G"F-64-"-6-0'*0-'*".-"+$)2+.-G"0*",*'4-"$*$/+0+3"
0(0@R0"/3-6-J*"5"$+"'+/+3(*39"-"/-.",20/*"12+"F26*"12+"F*$,(/-.(S-3.-8

_<%$=5,'+,a/#/0'+,'/N/$-/3
'''"#$"20")-$*"/3($/+G",+3*"F-5"12+"+$/-6.+)+3"12+"+..-"020)-"B2+"-%-'-",*3"0-'(+G"/*'*$"$+"
-,3*>+)F-3*0"'+"$2"+0B+3%+'-'G").-3*"$(0"$-6+3.*G"+3-"20-")F()-"$2,+3d"BP)(.G",+3*"%25"
+0B+3%-8"E2B34-"'+"20-"+0B+3%+'-'"12+"$+")*0*)+")*%*"#0B+3%+'-'"I(,*.-3"'+".-"
Q'*.+$)+0)(-G"6-$/-0/+")*%R0G"5"12+"3+12(+3+"'+"20"/3-/-%(+0/*"+$,+)4B()*G",3*.*0@-'*G"
,+3*"%25"+B+)/(>*8
""""X*"/3($/+"'+.")-$*"+$"12+")2-0'*"$+"'+$)263(9"5-"F-64-",-$-'*",*3"/*'*$"+$*$"/3-2%-$G"
-'+%P$"'+"/+0+3"20"F(J*"5"*/3*"+0")-%(0*G"'+",-'3+$"'(B+3+0/+$8"Q".-".-3@-"$+")*0>(3/(9"+0"
20-"J*>+0"%-0/+0('-",*3"+."$($/+%-"$*)(-."'+.",-4$G")*0"20*$"F(J*$"12+"'+"$+@23*",-$-34-0"
,*3".*"%($%*"-".-".-3@-8"X*$",-'3+$"F()(+3*0"/*'*".*"12+",2'(+3*0",*3"+..-"5".+"'(+3*0"
/*'*"+."-,*5*",*$(6.+G",+3*"-")*0$+)2+0)(-"-%6*$"/2>(+3*0"12+"$+3"/3-/-'*$",*3"
'+,3+$(908
Q%0),a%
""""Z*"/*'-$".-$",+3$*0-$"12+"$*0",3*%($)2-$G"*"12+"'+$-33*..-0"+$/+"/(,*"'+")*0'2)/-G"$*0"
'+$>(-'*$"$*)(-.+$G")*%*"$+".+$"$2+.+")*0$('+3-38"N2-.12(+3"-'*.+$)+0/+"*"-'2./*"12+"
%2+$/3+")-%6(*$"-632,/*$")*%*"+$/*$"+0"$2")*0'2)/-G"'+6+"$+3"..+>-'*"-"+>-.2-3"
(0%+'(-/-%+0/+"-"20",3*B+$(*0-."'+".-"$-.2'"%+0/-.8
""""Q".*$"$+3+$"F2%-0*$"$(0"+$)3R,2.*$G"12+"$+"/*,-0")*0"0(7-$"-$4G".+$"'(@*888",(+0$+0G"
)*0/&0@-0$+G"5"$+,-0"12+"+$/*$"J9>+0+$",2+'+0"+$/-3"+0B+3%*$G"$+-0")3($/(-0*$"5",(+0$+0"
+0"63(0'-3"-52'-8
 TW

e,/0'/-R50/)',)1/+[)1"M/)'+,',N#/$/]%)'*'/#%$1%)'"0+5M"+%)',0'
/+%-,)M,01,)'HCVS'AHCVV'UZ7(74W
K2+0/+^"C+>($/-$"%&'()-$
!kee"!keTdee"!kehdee
#'-'"'+".-$"%2J+3+$"H*'-$".-$"3-S-$"ZR%+3*
;*3")(+0/*"'+")-%6(*"H*'-$".-$"+'-'+$
I-J*"!c"-7*$"!Gfhg8!"!Gheg8W"!Gchh8h"d!c8e"dT!8c"d!!8!"dh8g
!fo!k"-7*$"ggW8k"ggg8l"ggg8k"dh8k"d!!8T"dl8W"dT8k
TloTc"-7*$"WkW8h"WW!8h"gTT8W"d!8W"df8c"dT8T"d!8h
TfoTk"-7*$"TTf8T"!h!8W"fWg8g"dh8f"d!l8f"dk8g"dW8!
WloWc"-7*$"!kf8e"!cg8f"f!f8c"d!k8g"dTT8c"d!h8f"dg8c
WfoWk"-7*$"Tef8e"TTe8W"gTT8e"dWl8W"dWT8T"dTf8T"dh8!
cl"-7*$"*"%-$"ckk8k"cTg8k"ef!8!"dWf8c"dWh8W"dTk8g"d!T8l
Z*/-^"#$/*$"'-/*$"'+"/+3%(0-)(90"'+"+%6-3-S*$"+0"!kee"$-.(+3*0"'+"!cd+$/-'*$"$*.-%+0/+"
5",-3-"!keTd!kehG"'+"!Wd+$/-'*$8"X*$"!cd"#$/-'*$"(0).25+3*0^"N*.*3-'*G"D0'(-0-G"p-0$-$G"
<-(0+G"<($$*23(G"<*0/-0-G"Z+q"]*3OG"_3+@*0G"CF*'+"D$.-0'G"N-3*.(0-"'+."E23G"
H+00+$$++G"=/-FG"\+3%*0/G"5"\(3@(0(-8"X*$"!W"#$/-'*$"(0).25+3*0^"N*.*3-'*G"D0'(-0-G"
p-0$-$G"<($$*23(G"<*0/-0-G"Z+q"]*3OG"_3+@*0G"CF*'+"D$.-0'G"N-3*.(0-"'+."E23G"
H+00+$$++G"=/-FG"\+3%*0/G"5"\(3@(0(-8"#$/*$"$*0"'-/*$",-3)(-.+$"'+"+$/*$",*)*$"+$/-'*$G"
-$4"12+"(%-@40+0$+"+."3+$/*8

E(@-%*$"-'+.-0/+^
T-'($7'>)$/,-'M/)/+%;'M%0%M,'50/'15$")1/'M/)/+/

!Y%,7+'8&'7",1&,1+'7",'/"7""$%.&,')&8&+'(%7A"='>'7"(W,(&,1&"8&'$%&)+'8.,',+)+'
$%.&,'0"'$%.&#&'1")"r8"`5,K,+%

""""#."E38"D$3-+.G"20"F*%63+"'+"0+@*)(*$G",3*B+$(*0-.G"-./-%+0/+"+'2)-'*G"-)*$/2%63-'*"-"
>(-J-3",*3"+."%20'*G"$-.+"20"62+0"'4-"'+">(-J+"-"20",-4$".-/(0*8"=0",-4$"'*0'+"3+(0-".-"
,*63+S-"5".-"%($+3(-G"+0"+.">(-J+"'+"@32,*G">-"20-"/23($/-"G"12+"(@2-."12+"+.G">(-J-"$*.-8"
Q%6*$"$*0",+3$*0-$"'+"B-%(.(-G")-$-'*$G")*0"F(J*$"-'2./*$"J9>+0+$G"5"-%6*$"+$/P0"+0".*$"
)2-3+0/-"5"/-0/*$"-7*$8"aD3*04-$"'+".-">('-b"Z-33-"+."E38"D$3-+."12+".2+@*"'+",3+$+0/-3$+"
/*'*"+."@32,*G"-%6*$"'+$)263+0"12+"$*0"'+".-"%($%-")(2'-'G"5"F-$/-"$2$"F(J*$">-0"-".-"
%($%-"+$)2+.-8"#0/*0)+$")*%(+0S-0"-"$+0/-3$+"J20/*$"+0".-$"%($%-$"%+$-$G"-"-.%*3S-3"
J20/*$G"5"'+"-F4",-$-0"-".-"$(@2(+0/+"+/-,-"i%25")*0*)('-"+0",$(12(-/34-jG"'+")*%+0S-3"+."
,3*)+$*"'+")-/-3$($"*"'+"'+$-F*@*"'+"/*'*$"$2$",3*6.+%-$")*/('(-0*$8"#..-".+"F-6.-"$*63+"
$2$"F(J*$G"$*63+".*$",3*6.+%-$"12+"/(+0+")*0"+."F(J*"%-5*3"12+"-20"-'*.+$)+0/+"+%6-3-S9"
-"20-"J*>+0"5".*$"/(+0+0"-"-%6*$"+0".-")-$-G".+"F-6.-"'+"$2"'(B4)(."$(/2-)(90"+)*09%()-G"'+"
$2"3+.-)(90"'+"'+,+0'+0)(-")*0"$2"+$,*$*G"+/)8"#.",*3"(@2-.".+"F-6.-"'+"12+"$2"+$,*$-"+$"
%25"62+0-G"L20-"$-0/-LG",+3*"12+"0*"$-6+"-'%(0($/3-3"$2"'(0+3*G"0*"$+"12+J-"/-0/*"'+"$2$"
 Tc

F(J*$G",+3*"$(".-"+$)2)F-"%2)F*"-"+..-G"12(+0">+"20-"B2+0/+"'+"'+$F-@*"+0"+.8"N*0/(0R-0"+0"
.-"/+3)+3-"+/-,-G"+.",-@P0'*.+"/*'*"-"+..-G"+..-"%2+$/3-"/(%('+S"-.",3(0)(,(*G",+3*".2+@*"
-)+,/-"$(0",3*6.+%-$"$2$")*3/+$4-$"5"F-.-@*$8
""""]-"-."B(0-."'+".-"+$/-'4-"+.".+")*0B(+$-"-"+..-"12+"$+"$(+0/+"B2+3/+%+0/+"-/3-4'*",*3"+..-G"5"
+..-".+")*33+$,*0'+8"Q2012+"020)-"..+@-0"-".-"(0/(%('-'G",*312+"*6>(-%+0/+"0*"+3-"+$*".*"
12+"-%6*$"0+)+$(/-6-0G"$+"+0-%*3-0"$(0",+3)-/-3$+"'+"+..*8
""""X*",+*3"*)233+")2-0'*"3+@3+$-0"'+.">(-J+G"+."0*",2+'+"*.>('-3$+"'+"+..-G"0("+..-"'+"+.8"
#..-"3+-.(S-"+.",3(%+3")*0/-)/*"5".*"..-%-"-"$2"*B()(0-8"<+"'()+"+."12+"0*".+"$*3,3+0'(9G"
12+"+$,+3-6-".-"..-%-'-G"5"12+"5-"+."+$/-6-"-",20/*"'+"F-)+3".*"%($%*8"Q%6*$")3+-3*0"
20-"-%($/-'"%25"6*0(/-G",+3*"B2+3*0"%-$"-..P"+0"$2$"$+0/(%(+0/*$",3*B20'*$"$(0"'-3$+"
)2+0/-"'+"+..*G"-."%+0*$"-"0(>+.")*0$)(+0/+8"=0"'4-"+.".+"+0>4-"20"3-%*"'+"B.*3+$G")*$-"-".-"
12+"+..-"0*"+$/-6-"-)*$/2%63-'-G".-$")*%,-7+3-$"'+"/3-6-J*".-"%*.+$/-0G",+3*"-."%($%*"
/(+%,*".-"F-)+0"$+0/(3"6(+0G"5"+..-")*0/(0R-"-)+,/-0'*"$2$"*6$+12(*$G"5")*0/(0R-0"
..-%P0'*$+",*3"/+.&B*0*G"F-$/-"12+"20"62+0"'4-G"$+"F-6.-0"'+"$2"Q%*3G"5"$+")*0B(+$-0"
-,-$(*0-'-%+0/+"12+"$+"-%-08:+"-F4",-$-0"-".-"(0/(%('-'"+0">-3(-$"*)-$(*0+$G",*3".*")2-."
-%6*$"$+"$(+0/+0"+Y/3+%-'-%+0/+")2.,-6.+$G",+3*".-"(33-)(*0-.('-'"'+"$2"Q%*3",.-/90()*"
,2+'+"%-$"12+"/*'*8

_`5,')5M,+"\',0',)1,'M/)%3
""""E+0)(..-%+0/+G"$+"+0)2+0/3-0"'*$"$+3+$"F2%-0*$G".+J*$"'+"$2$"3+$,+)/(>*$"F*@-3+$G".+J*$"
'+"/*'-$".-$"/+0$(*0+$G"0*"/(+0+0"+.",3*6.+%-"'+".-$"(0F(6()(*0+$"$*)(-.+$"'+"20-")(2'-'"
,+12+7-"'*0'+"F-6(/-0"0*3%-.%+0/+G"5"$(0",3+/+0'+3"J2$/(B()-3.*$G"$*.*"-0-.(S-3.*$G"+0/3-0"
+0"+."J2+@*",+.(@3*$*"'+")*0/-3$+"$2$"3+$,+)/(>-$">('-$",+3$*0-.+$"5"$2$",3*6.+%-$8"X*"
12+"'+64-0"F-6+3"F+)F*")*0",3*B+$(*0-.+$"'+".-"$-.2'"%+0/-.G".*"F()(+3*0"+."20*")*0"+."
*/3*"$(0"+$/-3",3+,-3-'*$",-3-".('(-3")*0".-$"+%*)(*0+$"B2+3/+$"12+"$23@(34-0"B*3S*$-%+0/+"
'+"$2$"'(P.*@*$"B3+)2+0/+$8
""""X2+@*G",*)*"-",*)*G".*"12+"'+6(9"F-6+3"$('*"20-"-%($/-'"0-'-"%-$G",*3".-$",3*,(-$"
0+)+$('-'+$"(0/+30-$"0*"$-/($B+)F-$"'+"-%6*$G")*33(9"20",-$*"%-$"-..P888"5"$+")*0>(3/(9"+0"
20-"'+,+0'+0)(-"20"/-0/*"+0B+3%(S-G",2+$"-%6*$"$-64-0"'+"$*63-"12+"$2"3+.-)(90"0*"/+04-"
0(0@R0"B2/23*8":-'*"12+"0(0@20*"'+"'(>*3)(-34-",-3-")-$-3$+")*0"+."*/3*8"#0/3-3*0"+0"20"
3*%-0)+")-$("'+"-'*.+$)+0/+$"+$/(%2.-'*",*3".-$"-%(@-$"'+"+..-G"5".*"BP)(."12+"+..-"$+".*"
F(S*"-"+.8

_4-R5",0'+,a\'+,'/N/$'/'/-R5",0',0',)1,'M/)%3
""""X-")*0/+$/-)(90"+$"Z_G"0*"F26*"'+$-%*3G"$("F26*"%2)F-")*0B2$(90"5"B-0/-$4-G"-%6*$"
)*0/(02-3*0"-%-0'*"-"$2$"3+$,+)/(>-$",-3+J-$8"Q124G"F26*"(0B('+.('-'G",+3*"F26*"/*'*$"
.*$"(0@3+'(+0/+$"0+)+$-3(*$",-3-"12+"*)233(+3-G"$(0",3+/+0'+3"J2$/(B()-3"-"0(0@20*"'+"+..*$8"
Q%6*$"$+"'(+3*0")2+0/-"-"/(+%,*".2+@*"'+"20",-3"'+"%+$+$G"5"$2$,+0'(+3*0"/*'-"
)*%20()-)(90"G.2+@*"'+"12+"+.">(0*"-"/+3-,(-",*3"20"/(+%,*"5",2'*"%*$/3-3.+"-"+..-".*"12+"
.+$"F-64-"*)233('*8"H2>(%*$"12+"/3-6-J-3")*0".*$"$+0/(%(+0/*$"'+")2.,-"5".-"'+,3+$(90"
$26$+)2+0/+"-".*$"F+)F*$G",+3*"$+"+>(/9"20"'+$-$/3+"%-5*3G"@3-)(-$"-"12+"+."$+"'+,3(%(9"-"
/-."+Y/3+%*",*3"$2")*0B2$(90G"12+"62$)9"-52'-"-"/(+%,*8"H-%6(&0"20"-%(@*"12+"F-64-"
,-$-'*",*3".*"%($%*".*"-)*0$+J9G"5".*"+0>(9"-"'*0'+"+.",$(12(-/3-G"@3-)(-$"-":(*$G"-"
/(+%,*8

Q%0),a%&'
 Tf

""""\*.>+%*$"-".*"%($%*G",+3$*0-$"..+0-$"'+",3*6.+%-$",+3$*0-.+$G"40/(%*$G"12+"$+"$(+0/+0"
+$)2)F-'-$G"-52'-'-$G")*%,3+0'('-$",*3"*/3-$8"X+J*$"'+"$2"-%6(+0/+G")*0B20'+0".-"
-%($/-'G"+."-,*5*G".-")*%,3+0$(90")*0"Q%*38"]".2+@*"12+"$+"'+$)263+0"5"$(+0/+0"+$-$"
+%*)(*0+$",3*B20'-$"12(+3+0",+3,+/2-3.-$G"$(0"'-3$+")2+0/-"'+.")43)2.*">()(*$*"+0"+."12+"
+$/P0")-5+0'*8"]"12+".*"%+0*$"12+"+Y($/+"+0"+$-"3+.-)(90"+$">+3'-'+3*"Q%*3G"$(0*"20-"
$*6+36(-"B-0/-$4-8"#0"-.@20*$")-$*$G"$+"'+$)263+".-"$(/2-)(90"5"*)233+0"'(>*3)(*$"/+33(6.+$"
5")*0/+0)(*$*$G"'*0'+"$+"-B+)/-0".*$"F(J*$"5"/*'-$".-$"B-%(.(-$8"X2+@*"$+")-$-0"5"/+3%(0-0"
'P0'*$+")2+0/-"/-3'+G"'+"/*'*$".*$"'+B+)/*$"'+")-'-"20*G"'+".*$"-33-$/3+$"12+"/3-+3P0"'+"
.-$"3+.-)(*0+$"-0/+3(*3+$"'+"-%6*$"5"'+".-$"'($)2$(*0+$"12+"+$/*")*%(+0S-"-"$2$)(/-3"*/3-"
>+S"+0"$2$">('-$G"/+3%(0-0'*"/*'*"+0"*/3*"$+@20'*":#EQEHC#8"]",*$(6.+%+0/+"20"
$+@20'*"'(>*3)(*8"Q$4"12+"'+"02+>*".+$"3+,(/*G"0*"$+"*.>('+0"12+"/-0/*".*$"F*%63+$")*%*"
.-$"%2J+3+$"$*0"'+.";XQZ#HQ"HD#CCQ8

</$/',-'($7'*'-/'($/7'4$R,01"0/'1%+%'%M5$$"\',0',-'1$/#/a%7
UH;XBB'N"--%0,)'+,'.,$)%0/)',0',-'N50+%'./+,M,0'+,'1$/)1%$0%)'N,01/-,);'),Rk0'-/'
^@ZW

35+'/#.(&#+'0&>')&'0+'+(.81+)'&8'/&).#")&'0"8'+(.@"8'7"8+8'A",#+)+8'>"A+7&#'7"8+8'
A",#+)+8'/"#'0"8'+(.@"8]4'"Q"M,$\0

""""Q%6*$"+3-0"+%,.+-'*$"'+".40+-G"+0".-"B-)/*34-"'*0'+"/3-6-J-6-08"#..-">(+0+"+0"20"
+$/-'*"'+")3($($"-".-")*0$2./-G"'-'*"12+"$2"+$,*$*"'+$)263(9"12+"+..-".+"+$/-6-"$(+0'*"
(0B(+.8"Z-339"12+"$2"+$,*$*"+3-"-.)*F9.()*G"5"12+")-$("/*'*$".*$"'4-$".-"%-./3-/-6-"-"+..-"5"
-"$2$"0(7*$"/-0/*"B4$()-G")*%*">+36-.%+0/+G"+0"20-"*)-$(90"2/(.(S9"+."%+)-0($%*"'+"
)*0$+@2(3"20-"L.+5"'+",3*/+))(90L",+3*"'+"0-'-".+"$(3>(9G",2+$/*"12+"$+@R0"+..-G".-",*.()4-"
020)-"F-)4-"0-'-",*3"+..-8"D0/+0/*"(3$+"'+."F*@-3",+3*"+."-$,+)/*"+)*09%()*"$+".*"(%,+'4-G"
'-'*"12+"$2"+$,*$*"+3-"+."$*$/&0"+)*09%()*",3(0)(,-."'+".-"B-%(.(-G"5"+..-"$+">+4-"
*6.(@-'-"-"$+@2(3")*0"+.8":+)4-"+..-"12+"0*".*"-%-6-G"0(".*"12+34-G"12+"$+"$+0/4-"*6.(@-'-"-"
+$/-3")*0"+."+0".-")-%-G"5"%2)F-$">+)+$"$+"$+0/4-"2/(.(S-'-"$+Y2-.%+0/+8
""""X.+>-6-"%2)F*$"-7*$"/3-6-J-0'*")*0"&$/+"-%(@*"'+".-"BP63()-G"5"'+"-,3+)(-6-0"%2)F*"
+."20*"-."*/3*G",+3*")*%*"+0"*/3*$")-$*$G"$(0"'-3$+")2+0/-G")*%+0S-3*0"-"+0-%*3-3$+G"5"F-"
)*0/-3$+"$2$"'+$->+0+0)(-$8"E-.4-0"J20/*$"*)-$(*0-.%+0/+"5"..+@-6-0"$(+%,3+"-".-"
(0/(%('-'G".*")2-.".-"$-/($B-)4-"-"+..-G",2+$"$+"$+0/4-"12+3('-G"-)+,/-'-"5"-%-'-",*3"
-.@2(+0G"20-"0+)+$('-'"F2%-0-8"E(@2(+3*0"+0"+$/-"$(/2-)(90",*3">-3(*$"-7*$G".*")2-."$+@R0"
+..-"+3-"-.@*"12+"*)2334-")*0"6-$/-0/+"B3+)2+0)(-"+0".-"BP63()-")*0"*/3-$",-3+J-$G"5")*%*"
%+'(*"-)+,/-'*",*3"/*'*$".*$"12+"-..4"/3-6-J-6-08
""""""""=0"'4-G"$2"+$,*$*"3+)(6(9"20-"..-%-'-"-090(%-"5".-">(@(.9"
,*3"20"/(+%,*"G"-/3-,P0'*.-"+0".*$"F+)F*$8"Z*"F26*">(*.+0)(-G"
'-'*"12+"&."/-%,*)*".-"12+34-G"$*.*"$(0/(9"F+3('*"$2"*3@2..*G"5".-"-6-0'*09"/*/-.%+0/+G"
+$/*"(0).259"+."'+J-3.+"/*'-$".-$"'+2'-$"5".*$"@-$/*$"'+."F*@-38"#."-%(@*"'+"+..-"G"12(+0"+3-"
)-$-'*G".-"-52'-6-G",+3*"0*"+3-"%2)F*".*"12+".+",*'4-"-52'-3G"'-'*"12+"/+04-"$2$",3*,(-$"
 Tg

$(/2-)(*0+$"B(0-0)(+3-$"12+"-/+0'+38
""""X-"E3-8"Q3@+0/(0-"+0/39"+0"20"+$/-'*"'+")3($($"(0%+0$-G"$+"'+,3(%(9"-"/-."+Y/3+%*"12+"
0+)+$(/*"%2)F-"-52'-",$(12(P/3()-G"-"/-."+Y/3+%*"12+"/2>*"12+"3+)233(3"-".-$"-@+0)(-$"'+."
@*6(+30*",-3-"$26$($/(3")*0"$2$"F(J*$8

_<%$=5,'+,a\'+,'/N/$'/')5',).%)%3
""""#..-"$+")-$9"$2%-%+0/+"+0-%*3-'-"'+"&.G".*"-%-6-G"5".*"-/+0'4-")*%*"0(0@20-"%2J+3"
-/(+0'+"5"12(+3+"-"20"F*%63+8"Q."/+3)+3"-7*"'+")-$-'*$"+.")*%+0S9"-"12+'-3$+",*3".-$"
/-3'+$"20*$"%(02/*$")*0"$2$"-%(@*$"/*%P0'*$+"$+@R0"+.L"20",-3"'+")+3>+S-$L"i5*"B2("
'(3+)/*3"'+"20-"20('-'"'+"-'()(90"-"'3*@-$"5"'+"-.)*F*.($%*G"5"+$*"+$".*"12+"/*'*$"
$(+%,3+"'()+0jG")-'-"'4-"+."/(+%,*"'+"+$/-'4-")*0"$2$"-%(@*$"$+",3*.*0@-6-"%P$"5"%P$G"
F-$/-"12+"..+@-6-"-".-$"02+>+"5".-$"'(+S"'+".-"0*)F+G"%2)F*$"$P6-'*$"5"'*%(0@*$"$+"
'+$-,-3+)4-8"#0/+3P0'*$+"+..-"'+$,2&$"12+"+."+$/-6-")*0"*/3-$"%2J+3+$8";*)*"-",*)*".+"B2+"
,+3'(+0'*"+."Q%*3G"F-$/-"12+"20"62+0"'4-"$+"'(*")2+0/-"12+"5-"0-'-".*"-%-6-8"#0/*0)+$"
$+".+"F(S*"3+.-/(>-%+0/+"$+0)(..*"+0/3-3"+0"+$/-"3+.-)(90"$+0/(%+0/-.")*0"$2"-%(@*"'+"F-)4-"
%2)F*$"-7*$

Z0'1,$$[M%-/'/-M%Y\-"M%;'M%0),a%&
"""C+$2./-"$+3"'+".*$",+*3+$"%-3('*$"5")-$("/*'*$"+$/*$"%-/3(%*0(*$"/+3%(0-0"+0"'(>*3)(*G"
'+6('*"-"%-./3-/*G"B4$()*G"+%*)(*0-.G"$+Y2-."/-0/*"-".-",-3+J-")*%*"-".*$"F(J*$"G"F(J-$/3*$"*"
F(J-$/3-$8"<2)F-$">+)+$".-"%2J+3"*"+."F*%63+"/*.+3-0"-7*$"'+"%-./3-/*"-0/+$"'+"'+)('(3$+"-"
62$)-3"-52'-8
""""a;*3"B->*3"$("+$/+"+$"/2")-$*G"0*"+$,+3+$"/-0/*G"62$)-")*0$+J*"
5"-52'-G"5"%+J*3"'&J-.*G"*"""""'(>93)(-/+G"+$"20*"'+".*$",*)*$"
)-$*$"+0"+."'(>*3)(*"+$/P"3+)*%+0'-'*G"'2&.-.+"-"12(+0".+"
'2+.-8"?-5"%2)F-$"-@+0)(-$"12+",2+'+0",3*/+@+3/+8"]"
3+)2+3'-G"/*'*$"'()+0"12+"$*.*"/*%-0"L20-"*"'*$")+3>+)(/-$"*"
/3-@2(/*$G"0(0@20*"-)+,/-"12+"+$"-.)*F9.()*L"<2)F-$"%2J+3+$"
)-+0"+."LE40'3*%+"'+".-"%2J+3"%-./3-/-'-LG")-5+0'*"+0"20"
)43)2.*">()(*$*"'+"%-./3-/*",*3"-7*$G"'+.")2-."0*",2+'+0"$-.(3G"
,*312+"0*"$-6+0")*%*G")*0>(3/(&0'*$+"+0")*d"'+,+0'(+0/+$"'+.">()/(%-3(*i".++"$*63+")*d"
'+,+0'+0)(-j8"QX#CHQ8

_Q%N%'1,$N"0\'-/'0%K,-/3
""""X-"E3-8"Q3@+0/(0-")*0/(029"3+)(6(+0'*"-52'-"+0"/*'-$".-$"P3+-$G"'+$'+"+.",20/*"'+">($/-"
F*.4$/()*G"$+"3+)2,+3*"-.")-6*"'+"'*$"-7*$G"5",*3")*(0)('+0)(-"$2"-%(@*"40/(%*G"12(+0",*3"
$2$",3*6.+%-$"12+"'+$)*0*S)*"$+"F-64-"'(>*3)(-'*G"$+")-$9")*0"+..-G"'+$)263(+3*0"12+"$+"
-%-6-0",3*B20'-%+0/+"5")*0/(02-3*0"20-">('-"%25"..+>-'+3-"5"6-$/-0/+"B+.(S"i6-$/-0/+j8
4-R50%)'+/1%)'"01,$,)/01,)'./$/'-%)'/-M%Y\-"M%)'=5,'Y/*/0'-,[+%',)1,'M/)%7
#B+)/*$^"N*%*"/*'*$".*$"$+'-0/+$G"+$"20"-@+0/+"'+,3+$*3"'+."$($/+%-"0+3>(*$*")+0/3-.8"#0"
'*$($"%40(%-$G"/(+0+"20"+B+)/*"/3-012(.(S-0/+"+0".-"%-5*34-"'+".-$",+3$*0-$G"-2012+"-"
 Th

*/3*$",-3+)+"+$/(%2.-3.*$8"Q)/R-",3(%+3*"+0".-$",-3/+$"'+.")+3+63*"12+"-B+)/-0"+."-2/*"d"
)*0/3*."5"*/3-$")*0'2)/-$"-,3+0'('-$G".*")2-."%2)F-$">+)+$")*0'2)+"-".-")*0'2)/-"
-@3+$(>-"-$*)(-'-$"-"%2)F-$",+3$*0-$"12+"/*%-08
"""";+.(@3*$^"#0"@3-0'+$"'*$($G"+."-.)*F*."'($%(025+".-$"$+0$-)(*0+$"5".-")**3'(0-)(90"
%2$)2.-3G".-"%+%*3(-G"5".-")-,-)('-'"'+"J2()(*8"#0"@3-0'+$")-0/('-'+$",*3"20",+3(*'*"
.-3@*"'+"/(+%,*G")-2$-"@3-0'+$"'-7*$"-."F4@-'*"5"-.")*3-S90"5")-2$-"'-7*")+3+63-."
,+3%-0+0/+8"=0-"-./-"'*$($"'+"-.)*F*.")-0"(0/+3B(+3+")*0".-",-3/+"'+.")+3+63*"12+")*0/3*.-"
.-"3+$,(3-)(90"8"#.",-3*"3+$,(3-/*3(*"3+$2./-0/+",2+'+")-2$-3".-"%2+3/+8";&0.#.%('1#&(&,8G"
+$".-"%-0(B+$/-)(90"%-$"+Y/3+%-"'+"'+."$40'3*%+"'+"3+/(3-'-"'+"-."-.)*F*.G"/-%6(&0",2+'+"
(0'2)(3".-"%2+3/+8
""""C(+$@*$"'23-0/+"+."+%6-3-S*^"X-"%2J+3+$"12+"/*%-0"B2+3/+%+0/+"'23-0/+"+."+%6-3-S*"
i%-$"'+"/3+$"*0S-$"'+"-.)*F*."'(-3(-$"*"'*$"/3-@*$"'+"*/3-$"6+6('-$j")*33+0"20"@3->+"3(+$@*"
'+",-3(3"6+6+$")*0"'-7*$"B4$()*$G"%+0/-.+$"5"-0*3%-.('-'+$"'+".-")*0'2)/-8
"""":+,+0'+0)(-^"#."6+6+3"3+,+/('-%+0/+")*0'2)+"-".-"/*.+3-0)(-"'+".*$"+B+)/*$"'+".-"'3*@-"
5",*3".*"/-0/*"-".-"'+,+0'+0)(-8"#0/*0)+$"+.")2+3,*"'+."-'()/*"-."-.)*F*."0+)+$(/-"+."
-.)*F*.",-3-",*'+3"B20)(*0-38"=0-">+S"$+"F-)+"'+,+0'(+0/+G".*$"6+6+'*3+$"+Y,+3(%+0/-0"
.*$"$40/*%-$"'+"3+/(3-'-")2-0'*",-3-"'+"/*%-3",*3"20"3-/*8
 Te

"

!/'($/7'*',-'($7'<%$15R/-
U+%)'a\K,0,)'+,'SF'/c%)W

32%8'9.&,&8'>'1%8'(+0&8')&/&,)&,")&'+$%:00"8'7",'$%.&,'(+8'1&'A+>+8"*%,1+)"]4'<-/1\0

6"M,',--/Al;#4='>+'>"',"'/%&)"'(+8='00&<+("8'1#&8'8&/+#+7.",&8'&,')"8'+F"8')&'7+8+)"8='
1&,&("8'%,',.F"='>"'1#+9+*"'&,'%,+'1.&,)+='(&'8+7#.?.7"'/"#'+>%)+#0"'+'&0='>'&0'1")"'0"'
$%&'A+7&'&8'/#&@%,1+#(&'/"#'0"8'$%&'1#+9+*+,'7",(.@"=')%)+')&'(.='(&'.,8/&77.",+'
1")+8'(.8'/&#1&,&,7.+8=',"'&8'<."0&,1"=',.'+@#&8.<"='/&#"'&0'(+01#+1"'&("7.",+0'A+7.+'(.'
/&#8",+'&8'7",81+,1&='1")"'&0'1.&(/"'8&'/+8+'.,8.,%+,)"'7"8+8')&'(.='7"("'8.'>"'0&'?%&#+'
.,?.&0P!
""""Q$4")*%+0S9".-"E3-8";*3/2@-."$2"F($/*3(-G"+$/-6-"'+$+$,+3-'-G"..*3*$-"5".+>-6-"'4-$"12+"
0*"'*3%4-"6(+08"E+"+0)*0/3-6-">(>(+0'*"+0")-$-"'+"$2$",-'3+$"20-">+S"%-$G"'+$,2&$"'+".-"
R./(%-"'($)2$(90")*0"+."E38";*3/2@-.8"]-"+3-0")3+*"12+"/3+$"$+,-3-)(*0+$G"20-">+S"+$/*"
*)2334-G")-4-0"+0"+.")43)2.*">()(*$*"'+"12+"+.".+"F-)4-">+(0/+",3*%+$-$G"12+"0*".*">*.>+34-"
-"F-)+3G"+/)8";+3*"20-">+S"+..-"3+@3+$-6-G"-.")-6*"'+"20"/(+%,*G")*%+0S-6-0".-$"..-%-'-$"
-."/3-6-J*G".-$",3+@20/-$G"L12(+0"+$/P"-.".-'*"/25*LG")*0"12(+0"F-6.-6-$"5"%+0$-J+$"
$*3,3+$(>*$",*3"+."%-.'(/*"L6++,+3L"i".*$"6++,+3$"5".*$")+.2.-3+$"$*0"20*$"'+".*$")-2$-0/+$"
'+".*$"%-$"@3-0'+$")-2$-0/+$"'+"'(>*3)(*$"'+"02+$/3-"&,*)-j8
""""#."E38";*3/2@-."+$/-6-",*3"*/3-",-3/+G">(>(+0'*"+0")-$-"
'+"$2$",-'3+$8":+)4-".-"E3-8"12+"&."+3-"%25",*)*"-B+)/(>*G"
,+3*"12+">+04-"'+"20-"B-%(.(-"'*0'+"0*"$+")*0*)4-".*"12+"
+3-"20"6+$*"*"20"-63-S*G"+3-0"/*'*$")*%*"/&%,-0*$"'+"
F(+.*G"5"/*'*".*")3(/()-6-0G"$2B34-0"'+."$40'3*%+"'+".*$"
LE+7*3+$";+3B+)/*$L8"Q..4"+."$+")34*G"+..-".*"$-64-"'+$'+"12+"
+3-0"0*>(*$G",+3*",+0$*"12+")*%*"+."+3-"/-0",-$(>*G"5"/-0"
62+0*"5")*%,.-)(+0/+G",2+$"/-.>+S"+..-".*",*'34-")-%6(-38"
a;+3*"%("0(7-"$+"+12(>*)*G"$+"+12(>*)9".-",-.*%-b
""""X2+@*"'+"20*$"%+$+$"'+")-$-'*$G")*%+0S9"-"0*/-3".*",*)*"-B+)/(>*"12+"+."+3-G"0-'-"'+"
6+$*$G"0-'-"'+"-63-S*$G"$+"$+0/4-")*%*"20"*6J+/*"$+Y2-."'23-0/+".-"(0/(%('-'G"5"0*"$+"
-/3+>4-"-"-6*3'-3.*8
""""X2+@*"'+"20-$"$+($"%+$+$G"5-"0*"3+$($/(9"%-$"$2"-)*$*"5".*"-6*3'9G"+."3+-))(*09"-".-"
'+B+0$(>-G"$+7-.P0'*.+".*$"'+B+)/*$"'+"+..-8"X+"(0'()9"12+"+..-"+3-"-@3+$(>-">+36-.%+0/+G"
12+"+3-"@3(/*0-G"5"12+"$2"B-%(.(-"+3-"(@2-."12+"+..-8",+3*"+0")-%6(*G"+..-"'(J*"12+"-2012+"
$("+3-")(+3/*G"12+"+..-"+3-"-$4G"/*'*$"+0"$2"B-%(.(-"/*.+3-6-0".*$"$+0/(%(+0/*$"B2+3/+$"5"$+"
-63-S-6-0"5"$+"6+$-6-0G")*0$/-0/+%+0/+G"5"%(+0/3-$"$+")3(-6-">+4-"%2+$/3-$"'+")-3(7*"+0"
/*'*"+."%20'*"+0"$2")-$-"5"12+"/-%,*)*"+3-0"3+0)*3*$*$8"a`2+"'*$"%2)F-)F*$"'+"'*$"
 Tk

B-%(.(/-$"/-0"'(B+3+0/+$b
""""#.")-$*"+$"12+"-",+$-3"'+"/*'-$".-$"/+3-,(-$G"'+"/*'*$".*$"+$B2+3S*$"5"F+33-%(+0/-$"12+"
$+".+$"63(0'-3*0"-"-%6*$8"Q",+$-3"'+."-0P.($($"'+"$2$"3+$,+)/(>-$")3(-0S-$G"0-'-"B20)(*098"
a;2'*"%-$"+."'+$-%*3"'+"+..-b"]-"+..-".*"F-64-"'+J-'*"'+"-%-3"5"+$*"0-'-".*",2+'+"
-33+@.-38"Z-'(+",2+'+"+$/-3")*0"-.@2(+0"-"12(+0"0*"-%-G"+$"20-"/*3/23-8"H+%(0-3*0"
'(>*3)(P0'*$+G"'+$,2&$"'+"20-".-3@-"$+,-3-)(908

_<%$=5,'+,a/$%0'+,'/N/$'/',)1,'9%$N"+/#-,'1,$$[M%-/3
""""Q124"0*"F-5")-$("0-'-"12+"-0-.(S-38"Q%6*$">+04-0"'+"'*$")3(-0S-$"5"'*$"B-%(.(-$"
$2%-%+0/+"'(B+3+0/+$G"$+"+0-%*3-3*0"5")*%*"/*'*"+."12+"$+"+0-%*3-G",+0$-3*0"12+"+."
Q%*3".*",*'4-"/*'*G".*")2-."$-6+%*$"12+"+$"20"/3+%+0'*"+33*3"'+",+0$-%(+0/*"5"-))(908
""""?-5"*/3-$")(3)20$/-0)(-$"%25",*'+3*$-$"12+"(0B.25+0"+0"20-"3+.-)(90G"5"+."Q%*3"12+"+$"
(33-)(*0-.G"'-'*"12+".*$"$+0/(%(+0/*$"0*"$+",2+'+0"3-S*0-3G".-"3-S90"-0'-",*3"20".-'*"5"
.*$"$+0/(%(+0/*$",*3"*/3*8"]"+$",*3"+$*")*%+/+%*$"/-0/*$"+33*3+$"+0".-">('-"+0"+."%20'*"
'+."Q%*38";2+$"+..*$")*%+/(+3*0"+."%($%*"+33*3G"$+")-$-3*0"
+0-%*3-'*$G"'+0/3*"'+".-"B-0/-$4-"12+"3*'+-"+$/-"B-$+G"5"
'+0/3*"'+".-"(.2$(90"12+"(%,('+">+3".*$"'+B+)/*$8
""""Q.")-6*"'+"20"/(+%,*G"+..-"0*",2'*"/*.+3-3"$2$",3*6.+%-$"
+%*)(*0-.+$G"12+"+3-0"6-$/-0/+"B2+3/+$"5"12+")*%*"+."
-.)*F.()*G"020)-"-)+,/98

_Q%0),a%3
""""N2-.",*'+%*$"'-3"-124G"%(3+0"%-$",3*B20'-%+0/+"$2$"
3+$,+)/(>-$"B-%(.(-$G")*%*"$+"'+%2+$/3-0".*$"$+0/(%(+0/*$"
.*$"20*$"-".*$"*/3*$G",-'3+$"-"F(J*$"+"F(J-$G"%-'3+$"-"F(J*$"+"
F(J-$G"5")*%*"$+")*%,*3/-0".*$"B2/23*$"$2+@3*$G",*312+"'+"
$+@23*G"-$4">-"-"$+3"/2">('-"%-/3(%*0(-.8
 Wl

""" "i'./$/'/*5+/$'/'/-R50%)'N/1$"N%0"%)'a\K,0,)'*'
K",a%)'K,/N%)'/-R50/)'+,'-/)'Y,$$/N",01/)'+,'/*5+/',N%M"%0/-'=5,'
"0+"M%',0'%1$%'+,'N")'-"#$%)'1"15-/+%'l!4':O4@'eT@24@4l7

HAT-'>0M%0)M",01,'<$%1,M1%$&":+6+$".++3"$*63+"+$/+")*0)+,/*"5"/-%6(&0"-,3+0'+3")*%*"
'-3.+")3&'(/*"5"+."2$*"-'+)2-'*8"E("0*".*")*%,3+0'($/+"6(+0"3+@3+$-"-.".(63*"X-"M3-0"
\+0/-0-"5"3+,P$-.*8
SA'!/'^--/'+,'<$,)"\0'&"s$/-"+$"*/3-"F+33-%(+0/-"%25"R/(."12+"/+"$+3>(3P",-3-"+0/+0'+3".-"
(%,*3/-0)(-"'+".-"+Y,3+$(90"'+".*$"$+0/(%(+0/*$8":+6+$"2/(.(S-3.-"-"'(-3(*8
FA'T-':$5.%'+,'4.%*%&"H+0+3"20*$"-%(@*$"-"12(+0"..-%-3G"-.@2(+0")*0"12(+0")*%,-3/(3"
/2$"(012(+/2'+$"-."(@2-."12+"/2$"-.+@34-$"+$"(0'($,+0$-6.+8
GA'T01,0+,$',-'5)%'+,'-/)'+,9,0)/)'.)"M%-\R"M/)&"N*0*)+3".-"+Y($/+0)(-"'+".-$"'+B+0$-$"
,$()*.9@()-$"5")*%*"/+",2+'+0"-B+)/-3"+$"$2%-%+0/+"(%,*3/-0/+"+0"+.".*@3*"'+"/2"6-.-0)+"
F*.4$/()*8
XA(/#,$'#5)M/$'*'$,M%N,0+/$'/*5+/&"#0/+0'+3")2-0'*"F+%*$"..+@-'*"-"02+$/3*$"
.4%(/+$"5")2-0'*"0+)+$(/-%*$"'+"-52'-",3*B+$(*0-."+$"*/3*"-$,+)/*"'+"$2%-"(%,*3/-0)(-8
EAQ%0%M,$'-%)'+")1"01%)'"0)1$5N,01%)'+,'$,-/a/M"\0&"N*%*".-"%2$()*/+3-,(-G".-"
-3*%-/+3-,(-G".-"0-/2%2$()*/+3-,(-G+/)8"C+B(&3+/+"-".-">+0/-0(..-"'+"H2"C#XQAQND_Z"'+"
.-"\#ZHQZQ"Q<ID#ZHQX"'+.".(63*"X-"M3-0"\+0/-0-8
DA25)'L,+"M/N,01%)&"\+"-".-">+0/-0(..-"LH2$"<+'()-%+0/*$"+0".-"E-.2'"#%*)(*0-.L"5"
'-.+"20">($/-S*8"#$/-"F+33-%(+0/-"+$"$2%-%+0/+"(%,*3/-0/+"5".9@()-$8
E("0*"F-$".+4'*"+.".(63*"l!/':$/0'e,01/0/l"/+"-)*0$+J*"12+".*".+-$G",2+$",*'34-"-52'-3/+"
%2)F*"-")*%,3+0'+3",*312+"/+"F-0"'+J-'*"'+"-%-3"iI2$)-3.*"+0"#6**Oj
 W!

T-'N/1$"N%0"%'2/0]/0"/

tQ".*$"'(+)(*)F*"-7*$"$+"-'*3-["-".*$">+(0/+"$+"-%-["-".*$"/3+(0/-"5"$+($"$+"'+$+-["-".*$"
)2-3+0/-"$+"3+B.+Y(*0-L8"</5-'+,'m%Mf'U'.+"-7-'(9"20-",-)(+0/+"12+"-".*$"cf"$+"+)F-"-".-"
6-$23-W
""""Q".*$"'*$"%+$+$"'+")-$-'*$"$+".*"..+>9"+."+J+3)(/*",-3-"20",-4$"+Y/3-0J+3*G"*6.(@-/*3(*G"
+$/2>*"20"-7*"B2+3-G"%(+0/3-$"+..-"$+"12+'9"-">(>(3")*0"$2"%-'3+G"20"62+0"'4-"+."3+@3+$9"-."
F*@-3"5"'+$'+"+.",3(%+3"'4-"'+"$2"3+@3+$*"+."%-/3(%*0(*"$+")*0>(3/(9"+0"-.@*"12+"+..-"
020)-"+$,+398
""""#."'4-"'+"$2"3+@3+$*".*$"+$/-6-">($(/-0'*"20"-%(@*"J*>+0"'+".-"B-%(.(-G"5"+."E38"H-0S-0(-"
0*",+3'(9"/(+%,*"+0"(012(3(3"12(+0"+3-"+."5"12+"F-)4-"+0".-")-$-8"X-"E3-8"H-0S-0(-".+"
3+)-.)9"%R./(,.+$">+)+$"12+"+.".*$">($(/-6-")*0"B3+)2+0)(-"5"12+".*$"-52'-6-"'+">+S"+0"
)2-0'*G"-"+..*$G"$2$",-'3+$"-"3+,-3-3".-$")*$-$"12+"$+".+"->+3(-6-08"#."+$,*$*")*0/(029")*0"
$2$"'2'-$"5",3+@20/-$"$*63+"-12+."F*%63+"5")*0/(029"%*$/3-0'*"20-$"$*$,+)F-$"
)*%,.+/-%+0/+"(33-)(*0-.+$G"12+"5-")-0$-6-0"-".-"+$,*$-"5"-"/*'-".-"B-%(.(-8"Q12+..-"
)*0'2)/-"'239"20*$"%+$+$G"F-$/-"12+"+.")-6-..+3*"+0")2+$/(90"$+"+0/+39"5"'+)('(9"0*"
>($(/-3.*$"%-$",-3-"+>(/-3.+$",3*6.+%-$8"X-"$(/2-)(90"$+")-.%9",*3">-3(*$"%+$+$G"F-$/-"12+"
)-$("20"-7*"'+$,2&$G"+."'4-"'+".-$"+.+))(*0+$"@+0+3-.+$G".*$"E+7*3+$"H-0S-0(-"%(+0/3-$"
)-%(0-6-0",*3"20",-$(..*"$+"+0)*0/3-3*0"'+"B3+0/+")*0"+.")-6-..+3*G".-"E3-8"H-0S-0(-"%(39"
F-)(-"-/3P$"(0-'>+3/('-%+0/+"5"-..4">*.>(9"-")*%+0S-3"/*'-".-"*'($+-"'+"02+>*"d3'T!"#$%&'
0"'(.#+81&='/"#$%&'(.#+81&'A+7.+'+1#V8U'H0@"')&9&'A+9&#'&,1#&'%81&)&8='&8"'&8'(%>'
8"8/&7A"8"4443']"-$4")*0/(029"*/3-">+S")*0".-$"%($%-$",3+@20/-$"5"+."/+%-"'+">+S"+0"
)2-0'*G",*3G"*/3*$"$+($"%+$+$8
""""X-")*0'2)/-",-3-0*()-"'+."E38"H-0S-0(-")*0/(02-6-")*0")-'-",-$*"12+"+..-"'-6-G".+"
,3+@20/-6-".-"F*3-"-".-"12+"+..-"$-.4-G"%+'(-"+."/(+%,*"12+".+"/*%-6-"'+"$2"/3-6-J*"F-$/-"
.-")-$-G"$("$+",-$-6-",*3"-.@20*$"%(02/*$".+",3+@20/-6-"-./+3-'-%+0/+"12+"'*0'+"$+"F-64-"
%+/('*G"+/)8"Z20)-"$+"%*$/39">(*.+0/*G",+3*"+$/+"%-./3-/*">+36-."5"+%*)(*0-.")*0/(029"
,*3"-7*$8"#."%-/3(%*0(*"/2>*"'*$"F(J*$8
""""N2-0'*"+..-"$+"'+)('(9"62$)-3"-52'-"5-"0*"+$/-6-"B20)(*0-0'*"0*3%-.%+0/+"+0"+."
/3-6-J*G"0(")*0"$2$"F(J*$G"0(")*0"$2"+$,*$*G"+$/-6-"/+33(6.+%+0/+"'+,3(%('-G"%(+0/3-$"+."
+$/-6-")*0>+0)('*"'+"12+"/+04-"/*'-".-"3-S908"#."0*".*"'+)4-"-6(+3/-%+0/+"020)-G",+3*"
/*'*"+."/(+%,*"(%,.()-6-"12+"+..-".+"+3-"(0B(+.8"E2$"F(J*$"5-",-$-6-0"'+".*$">+(0/+"-7*$"
)2-0'*"+..-">(0*"-".-"*B()(0-",*3",3(%+3-">+S"5".*")*0>+0)(9"-"+."'+"12+">(0(+3-"6-J*"
-%+0-S-"'+"'(>*3)(*8
""""#.")*%+0S9",*3"0-33-3"/*'*"+."+,($*'(*"'+.")-6-..+3*"12+"+0)*0/39">($(/-0'*"-"$2$"
$2+@3*$")2-0'*"+."..+@9"'+."+J+3)(/*G"/-."5")*%*"$("F26(+$+"$('*"'*$"'4-$"-0/+$8"#0"$2"
%+0/+"+."/(+%,*"0*"F-64-"/3-0$)233('*8"X2+@*",-$9"-"0-33-3".*$"'+%P$"(0)('+0/+$"5"
3+)-6-6-"'+"%(".-"3-S908"`2+34-"12+"5*"%+",2$(+3-"'+"$2",-3/+8
""""Z*"B2+"%25"'(B4)(.",+3)-/-3$+G",3*B+$(*0-.%+0/+"F-6.-0'*G"'+"12+"+."E38"$2B34-"'+"20"
'+$*3'+0"'+",-3-0*(-"$+>+3-G"5"12+".*"F-64-"$2B3('*"/*'-".-">('-8"a<2)F*"-@2-0/9".-"
,*63+"'-%-b"E+".+")*0B3*0/9"$2/(.%+0/+")*0"$2$",3*6.+%-$G",+3*"0*"-@2-0/9".-"
 WT

)*0B3*0/-)(90G"5")*%*"+3-"'+"+$,+3-3$+"/-%,*)*"-)+,/9"+."/3-/-%(+0/*8
""""Q".-".-3@-G"+..-G"12+"5-".*"F-64-"'+J-'*"'+"-%-3"5"$+"%-0/+04-")*0"+.G"-.+@-'*"12+",*3"
0*"F-)+3.+"'-7*"-".*$"F(J*$G"/+3%(09"'(>*3)(P0'*$+8";+3*"+."'(>*3)(*"..+@9"20",*)*"/-3'+G"
,2+$/*"12+"-%6*$"F(J*$"/+3%(0-3*0"3+)(6(+0'*"/3-/-%(+0/*G"20*",*3"'+,3+$(90"$+>+3-"5"
*/3*",*3",-3-0*(-8"X-"+$,*$-")*0/(029"$2"/3-/-%(+0/*",*3"'+,3+$(90"5"+."/+3%(09"$*.*8

_`5,'.%$=5,',--/'-%'+,a\'+,'/N/$3
""""a]"12(+0"0*b"N-3-%6-G"%2)F*"/-3'*"+..-"+0"'+J-3.*8";+3*".*"/3($/+"'+"/*'*"+$/*"+$"12+"
,*3".-"(@0*3-0)(-"'+"+..-G"-2012+",*$+4-"20-"%-+$/34-"'+"20-"'+".-$"%+J*3+$"20(>+3$('-'+$"
5"+."+3-"/+)0*.9@()*"%&'()*G".*$"F(J*$"/+3%(0-3*0"$2%-%+0/+"-B+)/-'*$G"'-'*"12+"+$/-6-0"
$*%+/('*$"-"+."%($%*"F*$/(@-%(+0/*")*0$/-0/+"-.")2-."+$/-6-"$*%+/('*"$2"%-%P8"E+"
)3(-3*0"(0$+@23*$G"/4%('*$G"-($.-'*$"5")*0",3*6.+%-$"$+3(*$"'+")*0B(-0S-"+0".*$"'+%P$"
$+3+$"F2%-0*$8"Z("$(12(+3-">($(/-6-0"$2",3*,(-"B-%(.(-G"0("%-0/+04-0"3+.-)(*0+$")*3'(-.+$"
)*0"+..*$8"K2+"20">+3'-'+3*"'+$-$/3+8

Q%0),a%
""""#$"$+0)(..*G".*"12+"/2">+S"-.",3(0)(,(*G".-$")*0'2)/-$"F2%-0-$G"12+"/2",+3)(6-$"+0"20"
(0()(*"+0"20-"3+.-)(90"'+",-3+J-G">-0"-",+3'23-3G"0*">-0"-")-%6(-3")*0"20-">-3-"%P@()-8"
Z*"+$,+3+$"+$*G"$("12(+3+$")*0/(02-3"F-)(-"-'+.-0/+")*0"20-"3+.-)(90"12+"'+$'+"20"(0()(*"
$+"0*/-"+0B+3%(S-G")*%(+0S-"-"62$)-3"-52'-"3P,('*G"'+$'+"0*>(*$G"0*"+$,+3+$"-"12+"$+-"
'+%-$(-'*"/-3'+8"#."Q%*3"0*".*",2+'+"/*'*G"+$*"+$"B-.$*8":(+)(02+>+"-7*$",3-)/()-0'*"+0"
+$/+")-%,*"5">(+0'*",-3+J-$"5"B-%(.(-$G"%+".*"F-0"'+%*$/3-'*8";*0"+."Q%*3"-"20".-'*",*3"
+."6+0+B()(*"'+"/2$"B2/23*$"F(J*$"5"'+"/*'-"/2">('-"5"62$)-"-52'-G"+$*"+$".*",3(0)(,-.8"E("
0-'-"B20)(*0-G"3+020)(-"-2012+"/+0@-$"12+"$2B3(3",*3">-3(*$"%+$+$8"<-$">-.+"$2B3(3"20*$"
%+$+$G"12+"/*'-"20-">('-8"H+"+$/*5"'()(+0'*")*$-$"12+"0-'(+"$+"-/3+>+"'+)(38"a;+3*",-3-"
12+"+0@-7-3/+b

T-'N/1$"N%0"%'<%-%0"/
 WW

UZ0'M/)%'N5*'M%Nk0',0'05,)1$%'.-/0,1/W
3E0'H("#'8&'8&(&*+'+'%,'V#9"0N'8&'.,70.,+"/"#'8%'/#"/."'/&8"='+##+.@+'/#"?%,)+(&,1&'&,'
1")"',%&81#"'8&#'>'+'<&7&8'8.@%&'<&#)&7.&,)"'&,"0+8'#%.,+8')&'%,'7"#+BC,]4'"e[M1%$'n5R%

""""E+")-$-3*0"-".*$"'(+)($(+/+"-7*$"+0"$2"R./(%*"-7*"'+"+$)2+.-"$2,+3(*3G")*%*"$+"'()+"-124"
+0";8C8G"L%+/(+3*0".-$",-/-$L8"E(0"3+)23$*$"+)*09%()*$G")*0".-$")*0$-6('-$"'($,2/-$"5"
3+)F-S*$"'+"-%6-$"B-%(.(-$"F-)(-".*$"F(J*$"+0>2+./*$"+0".-"$(/2-)(90G"5"$(0"0(0@R0".2@-3"
'*0'+">(>(3G",2+$G"12+"3+%+'(*G".*$"$2+@3*$",-/+30*$".+"*B3+)+0"20")2-3/*",*3"20*$"%+$+$"
+0"$2")-$-G"5".2+@*"'+)('+0"-52'-3.*$"-")*0$/32(3"+0".*$"-./*$"'+"$2")-$-G"+."5-"B-%*$*"
L%(3-'*3LG"12+"%25"6(+0".+"12+'-"+."0*%63+G"5".+$">*5"-"'+)(3",*312+8"#."0*%63+"'+"
%(3-'*3".+">-"%25"6(+0"'+6('*"-"12+".-",-3+J-"+$/P"/-0")+3)-"'+"$2$"B-%(.(-3+$G"12+".*$"
B-%(.(-3+$".*"L%(3-0"/*'*LG",*3".*"/-0/*"+.".2@-3"'*0'+">(>+0"$+")*0>(+3/+"+0"20">+3'-'+3*"
L%(3-'*3L8"X*">+0"-"+."-".-"F*3-"12+"$26+G"12+"6-J-G"(@2-."-"+..-G"+$/P0",+0'(+0/+"'+")-'-"
$(/2-)(90"12+"$23@+"+0".-",-3+J-G"5"$("+$"20-",-3+J-"J*>+0"5"'+,+0'(+0/+"'+".*$"$2+@3*$"'+"
-.@20-"%-0+3-G",+*3"-208"#0/*0)+$"*)233+"+."B+09%+0*"'+".-"'+,+0'+0)(-"5".*$"
$+0/(%(+0/*$"'+"L)2.,-L",*3"-@3-'+)(%(+0/*8
""""X2+@*"'+">-3(*$"-7*$">(>(+0'*"+0"+$/-"$(/2-)(90G"5")2-0'*")*%(+0S-0"-"0-)+3".*$"
0(+/*$G".-"$(/2-)(90"+%,+*3-"-"0(>+.+$"(0$*$,+)F-'*$G"$+")*0>(+3/+"+0"20-"/3-%,-"'*0'+"
-%6*$"%2)F-$">+)+$"$+">+0"*6.(@-'*$"-"/3-6-J-3"5".*$"-62+.*$"/+3%(0-0")2('-0'*"5"
)3(-0'*".*$"0(+/*$8"E+")*0>(+3/+0"+0",-'3+$",*$/(S*$"5"+%,(+S-0"-"$+0/(3"12+"/(+0+0"
L'+3+)F*$"-'12(3('*$"$*63+".*$"0(+/*$LG")*0$('+3P0'*.*$")-$("'+"+..*$8

!/)'M$")")'),'.5,+,0')5)M"1/$'+,'K/$"/)'9%$N/)d'K/N%)'05N,$/$'/-R50/)&
!d"N2-0'*"X-"B-%(.(-";*.*0(-"'+)('+"%2'-3$+8
Td"N2-0'*"$23@+0",3*6.+%-$"$+3(*$"+0".-",-3+J-8
Wd"N2-0'*".*$"0(7*$"'+".-"B-%(.(-";*.*0(-")*%(+0S-0"-"%*$/3-3",3*6.+%-$"'+")*0'2)/-G"*"
+0".-"+$)2+.-8
cd"N2-0'*"*)233+"20"'(>*3)(*8
fd"N2-0'*"+."F(J*"*".-"F(J-"'+."12+">(>+"+0".*$"$+"*B+0'+",*3"12+"+."*/3*"$+"'-")2+0/-"'+".-"
$(/2-)(90"5")*%(+0S-"-"12+J-3$+8

""""X-"02%+3*"20*"B2+".-"12+"/3-J*"-".-"E3-8";*.*0(-",*3"%("*B()(0-G"+0"20"+$/-'*"'+")3($($8"
C+).-%-"12+">(+0+",('(&0'*.+"-"$2"+$,*$*"'+$'+"F-)+">-3(*$"-7*$G"-.")2-."+..-"-%-6-"
%2)F*G"3+-B(3%-"+..-G"12+")*%,3-3-0"20-")-$-G"12+"-.12(.-3-0G"*".*"12+"B2+3-G",+3*"12+"$+"
%2'-3-08"#$/*".*"'(J*"..*3-0'*G"-0$(*$-G"+0"20"+$/-'*"'+"'+,3+$(90"@3->+"i)-$("/*'*"+."
%20'*"3+-))(*0-")*0"'+,3+$(*0+$j8":()+"12+"5-"0*"3+$($/+"%P$".-"$(/2-)(90G"12+"020)-"F-"
/+0('*",3(>-)('-'G"12+"$2$"$2+@3*$"$+"F-0"-'2+7-'*"'+"$2$"F(J*$G"12+"$(+%,3+".+"'-0".-"
3-S90"-"$2"+$,*$*"+0"/*'*8
""""X-"0*)F+"-0/+$"/2>(+3*0"20-"'($)2$(90"@3-0'+G"'*0'+"$+"+$)2)F-3*0"$2$"@3(/*$"-6-J*"5"
.-"$2+@3-"$26(9"-"3+@-7-3.*$8"#."F-64-"..+@-'*"/-3'+")*0"$2$"-%(@*$G")*%*">+04-"F-)(+0'*"
'+$'+"F-)4-">-3(*$"%+$+$G"5"+..-"5-"0*"-@2-0/-6-"%P$".-"$(/2-)(908
""""#.",3*6.+%-"@3->+"12+"/+04-"+3-"12+"$("$+"(6-",-3-"*/3*".2@-3"/+%4-"12+".-"-)2$-3-0"'+"
-6-0'*0-3"$2$"F(J*$8"E+@20'*"12+"+0"3+-.('-'"0*"/+04-",-3-"'*0'+"(3$+G"5-"12+".-"3+.-)(90"
+0/3+"+..-"5"$2$",-'3+$"12+'9")*0"%2)F-$"3*0)F-$G"5"-'>+3/+0)(-$"'+"+..*$8";*3".*")2-.G"$2"
*3@2..*G"0*".+",+3%(/4-"3+)233(3"-"+..*$8"X-">+3'-'"+$"12+"+..-"$+"$+0/4-"$2%-%+0/+"$*.-G"
 Wc

$*.-"+0">+3'-'8"Q124"B2+"'*0'+">*.>(9"-"L%+/+3".-$",-/-$LG",*3"$+@20'-">+SG",+3*"+$/-">+S"
)*0",.+0-")*0$)(+0)(-8"#0)*0/39"-"-.@2(+0"%P$"+0"$2"/3-6-J*8
""""#$/-",+3$*0-G")*%*"*)233+"$(+%,3+G")*%+0S9"-")*0>+3/(3$+"+0"$2")*0B('+0/+"6(.-/+3-."G"
+..-"12+"$+"$+0/4-"/*/-.%+0/+"$*.-G"-0@2$/(-'-G"'+,3(%('-"5"+0"20-"/3-%,-"$(0"$-.('-G"
-)*$-'-",*3"/*'*$G"+0)*0/39"+0"+."$2",-7*"'+".P@3(%-$8"#."12(+0"/+04-"$2$",3*6.+%-$"
3+-.+$G"/-%6(&0"+0)*0/39"12(+0".+"+$)2)F-3-G"5"-$4"$+"+0-%*3-3*0".*)-%+0/+"+."20*"'+."
*/3*G")*%+0S-3*0"20-"3+.-)(90"+0"$+)3+/*G"12+".*$"/+04-"-"-%6*$"+0"20"+$/-'*"'+"-0$(+'-'"
0*/-6.+"+0"-%6*$8"E*$/+04-0"3+.-)(*0+$"40/(%-$")*0"B3+)2+0)(-G"+."+$,*$*"'+".-"E3-8"
;*.*0(-")*0*)(9"-"*/3-"'-%-"5"$+"'+$)263(9"12+"$-.4-0"J20/*$G".*")2-."+%,+*39".-"
$(/2-)(90"'+".-",-3+J-8";2+$"+$/*"'($%(0259".*$"$+0/(%(+0/*$"'+")2.,-"12+"+..-"$+0/4-"5"
)*%+0S9"20-"3+.-)(90"%-$"(0/+0$-")*0"+."*/3*8
""""N2-0'*">(0*"-"62$)-3"-52'-G">(0*"5-"'+)('('-"-"'(>*3)(-3$+G"-"3*%,+3"/*/-.%+0/+G",+3*"
0*"$-64-"12+"F-)+3G"0(")*%*8",2+$".-"'+,+0'+0)(-"12+"/+04-0"'+".*$"$2+@3*$"0*".+",+3%(/4-"
..+>-3"-")-6*"$2$",.-0+$"'+"(0%+'(-/*8
""""I2+0*"5-"$-6+0",*312+"+..-".*"'+J9"'+"-%-38"]-"F-0">($/*"/*'*$".*$"B-)/*3+$"12+"-B+)/-0"
-"20-",-3+J-"12+")*%(+0S-"%-.8":+$'+"20")*%(+0S*"/*'*")*%+0S9")*0"20"B3-)-$*")-$("
,3+'+)(6.+8
""""E2"R0()-"-./+30-/(>-"+)*09%()-"+3-"$2"-%(@*G"12(+0",*3"$2+3/+"*"%-.-"$2+3/+",-3-"+..-G"
/-%6(&0"$+"+$/-6-"'(>*3)(-0'*8"#."+3-"+."%&'()*"'+".-")*%,-74-"5"/+04-"$2B()(+0/+$"
3+)23$*$"+)*09%()*$",-3-"%-0/+0+3"'*$"B-%(.(-$G"-$4"12+"'+$,2&$"'+"'(>*3)(-3$+"
3P,('-%+0/+G")*%,39"*/3-")-$-"5"$+".-"..+>9"-"+..-"-">(>(3")*0"&.".2+@*"'+"+."'(>*3)(*"'+"
+..-8"#..-")*0/(029"/3-/-%(+0/*",-3-"$2"'+,3+$(90"5",-3-"-,3+0'+3"-"%-0+J-3".-$"
$(/2-)(*0+$",*$/+3(*3+$"'+"(0/+0/*"'+")*0/3*.G"12+"$23@(+3*0"'+",-3/+"'+"$2$"$2+@3*$"5"'+"
$2"+Y"d"+$,*$*G"12+"-20".-"12+34-G"-",+$-3"'+"12+".+"F-64-"$('*"(0B(+."+0"%R./(,.+$"
*)-$(*0+$G",+3*".*">+4-"'+$'+"+.",20/*"'+">($/-"(@0*3-0/+"%-)F($/-"i"+.",*'4-"F-)+3.*"
,*312+"+."+3-"F*%63+j"G"+."'+)4-"12+"+."+3-"20"LN/MY")1/'M",01[9"M%LG",*3"B->*3"-5R'+0%+"
-"'+B(0(3".*"12+"+$*"12(+3+"'+)(3G",*312+"/*'->4-"0*"$+".*"12+"+$8
""""#..*$"+$/-6-0"%25"+0-%*3-'*$G"5")*0".-"+Y,+3(+0)(-"-'12(3('-",*3"+..-"'23-0/+"+$*$"
-7*$G"20-"$(/2-)(90"+$/-6.+G"$2",3*,(-")-$-G"+/)8":+)4-"$+0/(3$+"%2)F*"%P$"B+.(SG"-".*$"Tf"
-7*$G"-2012+"+."/+04-")-$("cfG"+..-"+$/-6-"$+@23-"'+".*"-%-6-"5"'+"12+"F-64-",*3"B(0"
)*0$+@2('*"$2"B+.()('-'8
"""";-3-"12+"0*".-")2.,+0"'+%-$(-'*"$+,-0"12+".-"(0B('+.('-'"5"+."Q%*3",.-/90()*"F-"
+Y($/('*"'+$'+"+.")*%(+0S*"'+".-"3-S-"F2%-0-G"+0".-"I46.(-"$+"%+0)(*0-"-%,.(-%+0/+8"
;+3*"F-5")-$*$"B-%*$*"+0"/*'-$".-$"N*3/+$"C+-.+$"'+"#23*,-"5"'+",+3$*0-J+$"B-%*$*$8"
M-3)(.-$*"'+".-"\+@-G"+.",*+/-"3+0-)+0/($/-"+$,-7*."12+">(>(9"'+."!flW"-."!fWgG"+$/2>*"
+0-%*3-'*",.-/90()-%+0/+"i-"$-6+3j"'+"'*7-"#.+0-"uR7(@-"'+"K3+53+G"'-%-"'+".-")*3/+"'+"
.-"C+(0-"D$-6+."'+";*3/2@-."+0".-"&,*)-"'+"N-3.*$"`2(0/*G"'()+0"12+"+..-"B2+".-"M-.-/+-"5"
.-"#.($-"'+"$2$"#@.*@-$8
:-0/+"Q.(@F(+3("+0"$2".(63*'5+'[.)+'Y%&<+"i!TkTj"5
5+';.<.,+'D"(&).+G"%+0)(*0-"-"I+-/3(S"$4%6*.*"'+"(0$,(3-)(90"+$,(3(/2-.",-3-"%2)F*$G"+."
.-")*0*)(9")2-0'*"0(7*"5"$+"+0-%*39"'+"+..-G"+..-"/+3%(09")-$P0'*$+")*0"E(%*0+"'("
I-3'(8"#.">+3'-'+3*"0*%63+"'+"I+-/3(S"+3-"^&+1#.7&'!"#1.,+#.'5">(>(9"'+."!Tgg"-."!Tkl8"
_/3*"$2,2+$/*"Q%*3",.-/90()*8"a`2(+0",2+'+"$-6+3".-">+3'-'b"Q$4",*'34-"%+0)(*0-3.+$"
%2)F*$G"%2)F*$")-$*$"B-%*$*$8

<%$=5,'-%'+,a%'+,'/N/$777
 Wf

]-".*"F-63P0"0*/-'*"/*'*G"+3-"20-"3+.-)(90")*0'+0-'-"-"%*3(3"/-3'+"*"/+%,3-0*8"Z*"F-5"
12+"'+)(3"0-'-"%-$G",+3*",-3-"0*",+3'+3"+."B*3%-/*"'+.".(63*G"+."M%0),a%'+$"$+0)(..*^"L#."
12+"$+")-$-",-3-"$2")-$-Ld"20"3+B3P0"%25"-0/(@2*"5"$-6(*"i5"'+",-$*".+$"3+)2+3'*"12+".+-0"
%(".(63*"LX-"E-.2'"\($/-"-"H3->&$"'+".*$"C+B3-0+$j8"Z*")3+*"12+"/+0@-"12+"-7-'(3"0-'-"
%P$G"+$/*"$+">+"/*'*$".*$"'4-$"+0"02+$/3*",.-0+/-"H(+33-8

6,'05,K%'K,/0'/-R50/)',)1/+[)1"M/)')%#$,'-%)'=5,'),'+,a/$%0'+,'
/N/$777

@"c%)'K"K",0+%'M%0'/N#%)'./+$,);'</+$,)'6"K%$M"/+%);'*'</+$,)'@50M/'Q/)/+%);'
HCEBAHCCB
P5,01,^":+,-3/-%+0/*"'+"N+0$*$["N+0/3*$"K+'+3-.+$",-3-"+."N*0/3*."'+."#0B+3%+'-'+$8
E*.*"c8Tv"'+".*$"0(7*$">(>4-0")*0"20",-'3+"020)-")-$-'*"(0"!kgl["+0"!khlG"+.",*3")(+0/*"
$26(9"-"g8e["5",-3-"!kelG"-"!c8gG"5-",-3-"+."!kklG"$26(9"-"Wl8g8".*$"6+6&$"'+"0-)('*$"'+"
%-'3+$"$*./+3-$"+0"!kee"3+,3+$+0/-3*0"+."d"Tg",+3")(+0/*"'+"/*'*$".*$"3+)(&0"0-)('*$"+0"
#8=8"G".-",3*,*3)(90"%-$"-./-"F-$/-"+$-"&,*)-["]".-"%-5*34-"'+".-$"%-'3+$"/+04-0"-."%+0*$"
Tl"-7*$"'+"+'-'G"'+"-)2+3'*"-."N+0/3*"B+'+3-.",-3-"+."N*0/3*."'+"#0B+3%+'-'+$8"#."
-2%+0/*"%-$"-./*"'+"0-)(%(+0/*$"*)233(9"+0/3+"!kel"-."!kee"5"B2+"+0/3+"%2J+3+$"%-5*3+$"
G")*0"+."40'()+"'+"0-)(%(+0/*$",-3-"%2J+3+$"+0/3+"!f"-"!h"-7*$"-2%+0/-0'*"-"20"Tk",*3"
)(+0/*"5"+."40'()+"'+"0-)(%(+0/*$"+0/3+"%2J+3+$"'+"Wl"-"Wc"-2%+0/-0'*"-"fT",*3")(+0/*8"
X*$"0(7*$">(>(+0'*")*0"20"$*.*",-'3+"*"%-'3+"'(>*3)(-'*$"-2%+0/*"'+"TW8lv"+0"!kgl"-"
Wl8Tv"+0"!khlG"5"-"cT8c",*3")(+0/*"+0"!kel["+0/3+"+."!kel"5"!kkl"F26*"20"6-J90"-."
We8gv8"X*$"0(7*$">(>(+0'*")*0"'*$",-'3+$"+0"!kgl"3+,3+$+0/-6-0"eh8h",*3")(+0/*["+0"
!khlG"ef8Tv["+0"!kelG"hg8hv["5"+0"!kklG"hT8fv8"#$/-$"+$/-'4$/()-$"$*0"/*'-$"'+".-"%($%-"
B2+0/+"5",26.()-'-$"+0"3+>($/-$"%&'()-$"3+@2.-3+$8

T-'($7'*'-/'($/7'<,$k;'50'Q/)%'2$")1,

35+'+(.81+)'A+7&')&')"8'+0(+8'%,'+0(+3"P$/*'!5")'+,':$/0/+/
3H$%&0'$%&',"8'+8.81&'&,',%&81#"8')-+8'1#.81&8"&8',%&81#"'+(.@"3"</0MY/1/0+$/
LX-"-%($/-'"+$"20"-.%-"12+"F-6(/-"+0"'*$")2+3,*$"5"20")*3-S90"12+"F-6(/-"+0"'*$"-.%-$L"
4$")1\1,-,)
LM.'$%.&#&8'<.<.#'(%7A"='@%+#)+'%,'/"7"')&'<.,"'#+,7."'>'%,'+(.@"'<.&*"34"<"1JR%$/)

''''E+",3+@20/-3P0",*312+"F+"+$)3(/*"/-0/-$")(/-$"$*63+".-"-%($/-'"+0"+$/+")-$*G"62+0*G"+0"
 Wg

0-'-"/(+0+"12+">+3")*0"+.")-$*G",+3*"$("/(+0+"%2)F*"12+">+3")*0".-")3($($"'+"02+$/3*$"
/(+%,*$G".-"$*.+'-'"+0">(>+"+."$+3"F2%-0*G".*$">+3'-'+3*$"-%(@*$"$+"+$/P0",+3'(+0'*G"+."
(0/+3&$"%-/+3(-."+$/-"-)-6-0'*")*0"/*'*8"N2-0'*",(+0$-$"12+"F-$")*0$+@2('*"-"20"$+3"
-B40G"-"-.@2(+0"+0"12(+0",2+'+$")*0B(-3G"/+"..+>-$".-"'+$(.2$(90"5"-0@2$/(-"'+"12+"0*"+3-"
)(+3/*G"'+"12+",3+'*%(0-6-"+."(0/+3&$8"a";+3*"12+"$+">-"-"F-)+3b"?-5"12+"$+@2(3">(>(+0'*8
""""#0"3+-.('-'"+.")-$*"'+."%-/3(%*0(*";+3RG"/(+0+"%2)F*"12+">+3")*0"+."(0/+3&$8"#$"
(0$9.(/*".*"12+".+$">*5"-")*0/-3G"5"%+".*"0-339".-"E3-8";+3Ri"-2012+"0*"+$"%("
,-)(+0/+j8Q%6*$"+Y/3-0J+3*$G"'+)('+0"%2'-3$+"-"/+33(/*3(*"'+".*$"#8=G"+..-",3*>(+0+"'+"
20-"B-%(.(-"$2%-%+0/+",*63+G"$+")-$-"%25"J*>+0G"-".*$"!h"-7*$8"F-)+0")*0/-)/*$",*3"
%+'(*$"12+"020)-"%+"'(J+3*0")*0"B-%(.(-3+$"3-'()-'*$"+0"#8=8G"5"'+"-.@20-"%-0+3-"
-%6*$")*0$(@2+0",*3"$+,-3-'*G",+3$*0-$"$*./+3-$"+0"#8=8"'($,2+$/*$"-")-$-3$+")*0"+..*$"
i%-/3(%*0(*$"B()/()(*$"+%*)(*0-.%+0/+"F-6.-0'*jG")*0".-",+0*$-")*0'()(90"'+"12+"/(+0+0"
12+">(>(3")*0"+$-",+3$*0-")*0".-")2-."$+")-$-0",*3"/(+%,*"3-S*0-6.+G",-3-"+."
:+,-3/-%+0/*"'+"D0%(@3-)(90"0*"$*$,+)F+8"#$"'+)(3"12+"'*$",+3$*0-$")-$-'-$"+0"$2"
3+$,+)/(>*",-4$G"5-")*0"F(J*$G"$+"$*%+/+0",*3"$+,-3-'*"-".-"*'($+-"'+"20"%-/3(%*0(*"
(.+@-.G",+3*"12+"/(+0+0"12+"F-)+3.*"'+"/-."%-0+3-"12+",-3+S)-"3+-.8
""""#..-"+$"12(+0">(+0+",3(%+3*i.-">+3'-'"+$"12+".-",*63+S-"+0"12+"+$/-6-0">(>(+0'*"+3-"
+Y/3+%-G"5".-$",3*%+$-$"%2)F-$"5"-">+)+$"B-0/-$(*$-$jG"$+")-$-")*0"+."F*%63+G"J*>+0"5"
@2-,*"$+@R0"+..-G"5"/(+0+"12+"12+'-3$+">(>(+0'*"+0"$2"-,-3/-%+0/*")*0".-",3*%+$-"'+"12+"
0*"*)233(34-0"B-./-$"'+"3+$,+/*"'+",-3/+"'+"+."F-)(-"+..-8";-3-"/*'*$".*$"+B+)/*$"$+34-")*%*"
20"F*$,+'-J+"%P$8
"""";-$-0"'*$"*"/3+$"$+%-0-$"5"/*'*"/3-0$)233+"0*3%-.G"%(+0/3-$"+..-"$+")*%20()-")*0"
B3+)2+0)(-")*0"$2">+3'-'+3*"+$,*$*"5")*0"$2$"F(J*$G",-3-")*0/(02-3")*0"$2$"-33+@.*$8"Q"
/*'*"+$/*"$+"%+"*.>('9"'+)(3"12+"+..-",-@9"f"%(."'9.-3+$",*3"+."%-/3(%*0(*"'+"20"-7*8"#."
J*>+0")*%+0S9"-"F-)+3"-%($/-'")*0"+..-G"-"%*$/3-3$+"%25"-%(@-6.+"5"3+$,+/2*$*G"
)-6-..+3*$*G".*")2-.")*%+0S9"-"-@3-'-3.+"-"+..-8"=0-"0*)F+"$-.(+3*0"J20/*$"-")*%+3"5"$+"
/*%-3*0">-3(-$")*,-$"'+">(0*"5"/+3%(0-3*0"+0".-")-%-G".2+@*"'+"-F4G".*"'+%P$"B2+"32/(0-G"
$(@2(+3*0"'23%(+0'*")*%*">+3'-'+3*$"+$,*$*$G"-.",20/*"12+"/*'*$".*$">+)(0*$"5",+3$*0-$"
12+".*$")*0*)(+3*0",+0$-6-0"12+".*"+3-08",+3*"+..-"0*".*"-%-6-888"-%-6-"-"$2"+$,*$*8
""""N-$("-."-7*"+."+$,*$*")*0$(@2+"+$,*$-G",+3*"+0"$2")-$*">(>4-")*0">-3(*$"*/3*$"B-%(.(-3+$"
'+".-"%2)F-)F-"5"0*"/2>*"+$+",3*6.+%-8"#..-"12+"$+"$+0/4-"/+33(6.+%+0/+"$*.-G"'23-0/+"+$+"
-7*G"$(0/(9")*%,-74-G"5"-,3+)(*"'+."+$,*$*"-%+3()-0*"5")-$("..+@9"-"12+3+3.*G",*3".*"
%+0*$"'()+"12+".*"12+34-"%2)F*",*312+"$+",*3/9"%25"6(+0")*0"+..-"5".-"-52'9"-"
)*0$+@2(3"/3-6-J*8
""""X*"12+"-)*0/+)(9"'+$,2&$"B2+".*"12+"+..-"0*"$+"+$,+3-6-G"+."$+"+0-%*39"'+">+3'-'"'+"
+..-"5"0*".-"12+34-"'+J-3"(3")*0"$2"+$,*$*8"I2$)9"/*'*$".*$",3+/+Y/*$",*$(6.+$G",+3*"-.">+3"
.-"(0$($/+0)(-"'+"+..-"5"+."$2B3(%(+0/*"'+"+..-",*3"$2$"F(J*$G".-"'+J9"%-3)F-38";+3*"$+"12+'9"
%25"3+$+0/('*"5"$2B3('*8
""""#..*$"'*$G".-",-3+J-";+3RG"/+04-0"%2)F*"/+%*3"'+.":+,-3/-%+0/*"'+"D0%(@3-)(90"5"$2"
R0()*"*6J+/(>*"+3-")*0$+@2(3".-"/-3J+/-">+3'+G",-3-".2+@*"F-)+3$+")(2'-'-0*$8";+3*"-".-"
E3-8";+3R".+")*%+0S-3*0"-"F-)+3".-">('-"(%,*$(6.+G"+."(0'(>('2*".-")*%+0S9"-")F-0/-J+-3"
+%*)(*0-.%+0/+G"$+Y2-.%+0/+"5"+)*09%()-%+0/+8"N2-0'*"+..-"$+"0+@9"-"$+@2(3"+0"+."
)F-0/-J+G"+."$+"%2'9",-3-"*/3*"+$/-'*8"#..-"..+>-6-"5-"$+($"-7*$")-$-'-")*0"+."*/3*G"5"
>(>(+0'*")*0"$2">+3'-'+3*"+$,*$*"+"F(J*$")2-0'*">(0*"-"62$)-3"-52'-"5")*0$+J*8
""""Z*"$-64-"12+"F-)+3G",*3"'*0'+"+%,+S-3G".-">+3'-'"+$"12+"+3-"20-"F($/*3(-"/3($/+G",2+$/*"
12+".-$")*$-$"-)P"0*".+"F-64-0"$-.('*")*%*"+..-"+$,+3-6-8"X-$")*$-$")*0"$2"+$,*$*"$+"
 Wh

'+/+3(*3-3*0G"+.")-%6(-6-"%2)F*"'+"+%,.+*"5"$+",-$-6-".-"%-5*3",-3/+"'+."/(+%,*"
'+$+%,.+-'*G"..+>-0'*"+..-".-")-3@-"+)*09%()-"'+."F*@-38",*3".*")2-.")*%+0S9"-"'+J-3"'+"
$+0/(3",*3"+.".*"12+"$+0/4-8"Q7-'(&0'*.+"-"/*'*"+$/*G"+."$+0/(%(+0/*"'+")2.,-"12+"+..-"$+0/4-"
,*3"/*'*".*"12+".+"F-64-"*)233('*8"Z*"B2+"'(B4)(."+0/+0'+3".-"'+,3+$(90"$(0/*%P/()-",*3".-"
12+"+$/-6-"-/3->+$-0'*8"#..-"%($%-"$+"F-64-",+3)-/-'*"'+"+..*G"+..-"+3-G"'+$,2&$"'+"/*'*G"
20-")F()-"%25"(0/+.(@+0/+"5".2)F-'*3-8
""""E2"+$,*$*"/-%6(&0">(0*"-"/+3-,(-G",+3*"-2012+"(@0*3-6-",*3".*"12+"F-64-",-$-'*"$2"
+$,*$-G"$+"0*/-6-"12+"+3-"6-$/-0/+">-@*"5",*)*"/3-6-J-'*3G"12(SP"F-$/-"20",*)*">(>('*3"'+"
+..-8"X+"+)F-6-"/*'-$".-$")2.,-$"-".-"B-%(.(-"'+"+..-"5"-"$2")3(-0S-8"#."0*"-)+,/-6-"0-'-8"
#$/-6-"*6$+$(*0-'*")*0"20"'+,*3/+",-3-"+.")2-."5-"0*"/+04-"+'-'G",+3*",+0$-6-"12+"-R0"
,*'4-"$+"20")-%,+90G"+$/*".*"%-0/+04-"+0"20-")*0$/-0/+"B32$/3-)(90G"5"-"+..-")*0"20")*3-J+"
12+"B2+")3+)(+0'*",-2.-/(0-%+0/+G"F-$/-"12+"'+)('(9"$+,-3-3$+"'+"&.8
""""Q$4"/+3%(09"+$/-"F($/*3(-"/3($/+G"'+"20-",-3+J-"12+"+0"62$)-"'+"20-"%+J*3">('-G"'+J-3*0"
$2".2@-3"'+"*3(@+0G",-3-"%2'-3$+"-".-"/(+33-"'+".-$",3*%+$-$"5".-$"B-0/-$4-$"5"'*0'+"B2+3*0"
-62$-'*$"5"%-./3-/-'*$G")2-0'*".-"'+J&"'+">+3"/*'->4-"0*"F-64-".*@3-'*")*0$+@2(3"$2"
)(2'-'-04-"5"/3-6-J-6-"+0"+Y)+$*",*3"+."/+%*3"-",+3'+3"$2"/3-6-J*G"12+"+3-".*"R0()*"$+@23*"
12+".+"12+'-6-8
""""#$,+3*"12+"+$/*".+"$(3>-"'+"+J+%,.*"-"%2)F-$",+3$*0-$"12+"0*"$-6+0">-.*3-3".*"12+"
/(+0+0"5".2)F-3",*3".*"12+"/(+0+0G"+Y,*0(&0'*$+"-"/*'*"/(,*"'+"3(+$@*$"+0",*$"'+"20-"
$2,2+$/-"L%+J*3">('-L8"<2)F*$"F-$/-"%2+3+0"+0"+."(0/+0/*8"H3PB()*"$+Y2-."'+"0(7*$"5"
0(7-$"+0"$23"Q%&3()-"+$"*/3*"+J+%,.*"'+"+Y,.*/-)(90"5"+$).->(/2'"F2%-0-G")*$-"12+"
)3++%*$"'+.",-$-'*"5"12+"+$/P"*)233(+0'*"+0",.+0*"$(@.*"Tlll8a?-$/-")2-0'*":(*$"%4*b

_<%$=5,'-%'+,a\'+,'=5,$,$3
""""#."+3-"-$4"'+$'+"-0/+$"'+"%2'-3$+",-3-"#8=8G"+$"*6>(*"12+"+."020)-".-"12($*8"U_",+3%(/+"
20"F*%63+"12+"-%-"-"20-"%2J+3"12+"$+"$*%+/-"-".-"(0)+3/('2%63+"5"-.",+.(@3*"12+"+..-"$+"
$*%+/(9V"#..-"+0"3+-.('-'"+3-"20-".2)F-'*3-"5"12+34-"%2)F*"-"$2$"F(J*$"%-$"12+"-"0-'-G"
$+"$*%+/(9"-"/*'*",*3"+..*$G"+3-"20-"%2J+3"62+0-G",+3*")-59"+0"20-"/3-%,-"'+".-")2-."0*"
$2,*G"0(",*'4-"$-.(3G")*0",*)*"'(0+3*8"#..-"$+"..+>9".-",+*3",-3/+8"#."Q%*3".*"%-/9"&."+0"
+..-8

8
@5,)1$%'./[)'0%',)'50/'./0/M,/d'K,/0'-/)'M"9$/)&

N34%+0+$",*3"+$/-'*"!kkl
K2+0/+^"C+,*3/+$"'+."K8I8d!kkl
i;*3"!llGlll"F-6(/-0/+$j
Q3+-"H*/-."N3(%+0">(*.+0/*"Q".-",3*,(+'-'"Q$+$(0-/*"\(*.-)(90"C*6*"Q$-./*"Q@3->-'*"
#$)-.-%(+0/*$"K2+@*"C*6*"C*6*"Q2/*$

Z7(747'2%1/-'X;VSB7F
 We

hW!8e"fGlee8f"k8c"c!8T"Tfh8l"cTc8!"!GTWf8k"WG!kc8e"gfh8e
Z8"#8^""cGkkf8e"fWf8e"cGcfk8k"W8k"Wl8!"!h!8h"WWl8!"!GlkW8g"TGgcf8W"hT!8l
N*008^""fGWeg8h"ffW8h"cGeWW8l"f8!"Th8k"TWc8e"Teg8l"!GTTh8h"TGehc8c"hWl8k
<-(0+^""WGgkh8e"!cW8T"WGffc8f"T8c"!k8h"Tf8!"kg8l"eTW8l"TGffc8k"!hg8g
<-$$8^""fGTkh8k"hWg8W"cGfg!8f"c8l"WW8h"T!h8!"ce!8c"!G!!T8h"TGfTf8W"kTW8g
Z8"?^""WGgcf8T"!W!8f"WGf!W8h"!8k"W!8W"Th8T"gh8g"hWf8f"TGfWc8T"Tcc8l
C8"D8^"fGWfT8h"cW!8k"cGkTl8e"c8e"Tc8h"!TT8l"Tel8c"!GTh!8!"TGgkf8W"kfc8c
\+8^"cGWcl8k"!Th8T"cGT!W8h"T8W"Tf8k"!!8h"eh8T"!Gleh8W"TGk!e8f"Tlh8k
Z8"A8^"fGcch8T"gch8g"cGhkk8h"f8g"Tk8e"Wl!8l"W!!8!"!Gl!h8T"TGecW8l"kWk8f
Z8]^"gGWgW8e"!G!el8k"fG!eT8e"!c8f"Tk8e"gTc8h"f!T8l"!G!gl8h"TGkhk8c"!GlcT8h
;+008^"WGchg8!"cW!8l"WGlcf8!"g8h"Tf8e"!hg8T"TTT8W"hTk8!"!Ge!l8f"flf8f
D..(0*($^"fGkWf8!"kgh8c"cGkgh8h"!l8W"Wk8c"WWkc8l"fTW8g"!GlgW8l"WGTgT8l"gcT8e
D0'(-0-^""cGgeW8W"chW8k"cGTlk8c"g8T"Wh8k"!l!8W"WTe8f"kcW8W"TGeTh8!"cWk8l
<()F(@-0^""fGkkc8e"hkl8c"fGTlc8c"!l8c"hh8g"TWc8l"cge8c"!G!cW8W"WGWch8c"h!W8h
_F(*"cGecW8c"flg8T"cGWWh8W"g8!"cg8e"!ee8f"Tgc8h"keT8f"TGegc8!"ckl8g
w($)*0$(0^"cGWkf8!"Tgc8h"cG!Wl8c"c8g"Tl8h"!!T8h"!Tg8h"hf!8c"TGkgT8g"c!g8f
D*q-"cG!ll8k"Tkk8h"WGel!8T"!8k"!e8c"Wk8T"Tcl8!"ele8c"TGeTT8k"!gk8k
p-0$-$"fG!kW8!"cch8h"cGhcf8c"c8l"cl8c"!!h8g"Tef8h"!G!gg8f"WGTcW8f"WWf8c
<(00+$*/-^"cGfWe8e"Wlg8!"cGTWT8h"T8h"Wc8l"kT8h"!hg8h"klh8T"TGkfk8k"Wgf8g
<($$*23(^""fG!Tl8g"h!f8W"cGclf8W"e8e"WT8f"T!g8c"cfh8g"!Glgf8e"TGell8T"fWk8c
Z+63-$O-^""cGT!W8!"WWl8l"WGeeW8!"T8h"Wl8l"f!8!"Tcg8T"hTW8e"TGke!8!"!he8T
Z8":8^""TGkTT8c"hW8k"TGece8f"8e"!h8e"h8e"ch8c"cTg8g"TGTee8e"!WW8!
E8":8^""TGklk8W"!gT8e"TGhcg8f"T8l"Wc8W"!T8c"!!c8!"fTh8c"TG!le8k"!!l8T
:+.-q-3+^""fGWgl8c"gff8T"cGhlf8!"f8l"ee8!"!gc8e"Wkh8W"khl8f"WGTkl8e"ccW8k
:8"NG^""!lGhhc8W"TGcfe8T"eGW!g8l"hh8e"ck8k"!GT!W8f"!G!!h8l"!GkeW8l"cGkkg8k"!GWWg8!
K.*3('-^""eGe!l8e"!GTcc8W"hGfgg8f"!l8h"fT8c"c!g8e"hgc8c"TG!hl8g"cGfgk8g"eTg8W
M+*3@(-^""gGhgW8g"hfg8W"gGllh8W"!!8e"fW8g"TgW8f"cTh8c"!Gg!k8c"WGh!c8W"ghW8g
<-35.-0'^""fGeWl8f"k!k8l"cGk!!8f"!!8f"cf8h"WgW8e"ckh8k"!G!!k8k"WGleT8k"hle8h
Z8"N8^""fGcef8k"gTW8f"cGegT8W"!l8h"Wc8W"!fT8!"cTg8c"!GfWl8c"WGlce8W"TeW8h
E8"N8^""gGlcf8T"khg8g"fGlge8h"!!8T"fW8h"!fT8c"hfk8W"!GWel8c"WGWlT8c"Wef8e
\(3@(0(-"cGccl8g"Wfl8g"cGlkl8l"e8e"W!8l"!TW8W"!eh8g"hW!8!"WGlW!8c"WTh8f
w8\8^""TGflW8l"!gk8W"TGWWW8h"f8h"TW8g"Wh8k"!lT8!"gfh8!"!GfTT8h"!fW8k
Q.-6-%-^"cGk!f8T"hle8g"cGTlg8h"!!8g"WT8g"!cW8h"fTl8h"!G!lW8c"TGhff8c"Wch8e
p+0/2)O5^""WGTkk8c"Wkl8c"TGklk8!"h8T"Tk8l"gk8!"Tef8T"hgg8k"!GkcT8h"!kk8c
<($$8^""WGegk8!"Wcl8c"WGfTe8e"!T8T"cc8!"eg8T"!ke8l"!GTf!8T"TGlhl8l"Tlh8g
H+00+$$++^""fGlf!8l"ghl8c"cGWel8g"!l8f"ck8f"!k!8T"c!k8T"!GTgc8l"TGfcf8!"fh!8f
Q3O-0$-$^"cGegg8k"fWT8T"cGWWc8h"!l8W"cW8W"!!W8T"Wgf8c"!GT!l8k"TGeWc8c"Tek8c
X*2($(-0-^"gGceg8h"eke8c"fGfee8T"!h8T"cT8T"Tgk8e"fgk8T"!GcWh8k"WGfce8g"gl!8h
_O.-F*%-^"fGfke8h"fch8f"fGlf!8T"e8l"ch8l"!T!8k"Whl8f"!Gcch8f"WGllT8l"gl!8h
H+Y-$^"hGeTg8e"hg!8c"hGlgf8W"!c8!"f!8f"Tgl8e"cWf8!"!Gef!8f"cGWlc8h"klk
Q3(S*0-^"hGeee8h"gfT8c"hGTWg8c"h8h"cl8k"!gl8k"ccT8e"!Gggk8k"cGhlW8l"egW8f
N*.*3-'*^"gGlfW8h"fTg8l"fGfTh8e"c8T"cg8T"kl8g"Wef8l"!GTle8e"WGekl8g"cTe8c
D'-S*^"cGlfh8!"Thf8h"WGhe!8c"T8h"Th8W"!f8l"TWl8h"e!W8T"TGelT8h"!gf8f
<*0/-0-^"cGflT8!"!fk8W"cGWcT8e"c8k"Tc8c"T!8h"!le8c"hlk8!"WGWk!8T"TcT8f
Z+>-'-^"gGlgW8g"gll8k"fGcgT8h"k8h"gT8T"TWe8W"Tkl8h"!GWgh8c"WGflT8h"fkT8f
Z8"<8^"gGgec8!"hel8T"fGklW8k"k8T"ck8h"!!f8!"glg8T"!GhWe8h"WGeTe8f"WWg8h
 Wk

=HQ^"fGgfk8k"TeW8k"fGWhg8l"W8l"Wh8e"fg8k"!eg8W"eel8g"cGTfh8g"TWh8h
w5*%(0@^""cGT!l8g"Wl!8c"WGklk8W"c8k"Tk8f"!f8k"Tf!8!"gW!8l"WG!Tk8W"!ck8l
Q.-$O-^""fG!fh8h"fTc8f"cGgTe8T"h8f"hT8k"hg8h"Wgh8c"ekc8W"WG!ge8f"fgf8c
N-.(B*30(-^""gGlWl8g"!Glcf8T"fGffe8c"!!8k"cT8g"Whh8l"g!W8g"!GWcf8c"WG!kh8f"!Gl!f8f
?-q-((^""gG!lg8h"Tel8k"fGeTf8e"c8l"WT8f"k!8c"!fW8l"!GTTe8T"cGT!h8!"Wel8f
_3+@*0^"fGgcg8l"flg8e"fG!Wk8T"W8e"cg8k"!c!8W"W!!8e"!G!Wf8c"WGfcf8T"cfe8g
w-$F(08^""gGTTT8k"fl!8g"fGhT!8W"c8k"gc8l"!Wl8l"WlT8h"!GTgT8k"cGl!!8c"cch8!

@%1/&"X*$"'-/*$",2+'+0"12+"0*"$+-0"/*/-.%+0/+"+Y-)/*$"5-"12+">-34-0")*0$/-0/+%+0/+"'+"
'4-"-"'4-"$*.*"0*$"'-0"20-"('+-"@+0+3-."'+")*%*"+$/-6-0".-$")*$-$"#$/-'*$"=0('*$"-."
%*%+0/*"'+".-$"+$/-'4$/()-$8"QF*3-"+$/P0",+*3+$8
'''"Q$4"12+",2+'+0">+3"12+"0*"+$".-"B-0/-$4-"12+"0*$",(0/-0"5"F-)(-".-"12+"/*'*$"G)*%*".-"
,-3+J-"-0/+3(*3G"12+3+%*$"..+@-38
"""";+3*"'+"(@2-."B*3%-"'+6+%*$")*%,3+0'+3"12+"+."%20'*"G"+.";.-0+/-"H(+33-"/-%,*)*"+$"
20",-3-4$*G"$-.+"+0".-",3+0$-"(0/+30-)(*0-."-"'(-3(*".-$"-/3*)('-'+$"12+"*)233+0"+0"+."
%20'*G",*3"+J+%,.*G".-"0(7+S".-/(0*-%+3()-0-",-$-",*3"20-")3($($"+/+30-G"+."-6-0'*0*"'+"
.*$"0(7*$"+0".-$")-..+$G".-">+0/-")*%*",3*$/(/2/-$"'+".-$"0(7-$",*3"$2$",3*,(-$"%-'3+$G"+."
+%6-3-S*"+0".-$"-'*.+$)+0/+$G"+."F-%63+G"+."/3-6-J*"(0B-0/(.G"$*0"-.@20*$"'+"+$/*$"
,3*6.+%-$8"Q)/2-.%+0/+"$+")-.)2.-"12+"+Y($/+0"T!l"%(..*0+$"'+",*63+$"+0"/*'-".-"3+@(90G"
-.3+'+'*3"'+"20"clv"'+."/*/-."'+".-",*6.-)(908"aD%-@40+0$+b"#$/*"F-)+"12+".-$",-3+J-$"$+"
/*%+0".*$"3(+$@*$"-0/+$"%+0)(*0-'*$G"62$)-0'*"20"%20'*"%+J*38":+"/*'*$"+$*$",*63+$"
)-$("!ll"%(..*0+$"$*0"0(7*$"5"J9>+0+$G"%2)F*$"'+"+..*$"'+-%62.-0/+$8

!/'($1/7'Z0"K,$)"1/$"/;'Q%0%M,'-/'!"#,$1/+7

35+'0.9&#1+)',"'&8'%,'?.,='&8"%,'(&)."'/+#+')&8+##"00+#',%&81#+8'?%&#B+83"L/]]"0"
3TL%.:,'&8'0.9#&U'MC0"'&0'$%&'8+9&")"(.,+#'8%8'/+8.",&8]4'n%$/M"%

""""=0-"J*>+0"+$/2'(-0/+"'+"20-"B-%(.(-"6-$/-0/+"0*3%-.G"'+").-$+"%+'(-G")*0"62+0*$"
3+)23$*"+)*09%()*$G"/+3%(0-"$2"+$)2+.-"$2,+3(*3"$(0"%-5*3+$",3*6.+%-$"5"20"%-@04B()*"
B2/23*"-)-'&%()*8"E+",+3B(.-6-")*%*".-"/4,()-"J*>+0"20(>+3$(/-3(-")*0"20"B2/23*"63(..-0/+"5"
20-$"%+/-$"%25"6*0(/-$8
""""H2>*"20-"0(7+S"..+0-"'+"/*'*G"Q%*3G"-/+0)(90G"*6J+/*$"%-/+3(-.+$G"-%($/-'+$"5"
-)/(>('-'+$"-"@3-0+.8"=0"%20'*")-$(",+3B+)/*G"'*0'+"020)-"*)233(+3*0"$(/2-)(*0+$"12+"
,2'(+3-0"F-6+3.-"-B+)/-'*"'+"-.@20-"%-0+3-"0+@-/(>-8"E(%,.+%+0/+")3+)(9G"+Y($/(9G"
,-3/()(,9"'+"/*'*"-"$2"-.3+'+'*3G"+$/2'(9"%2)F*"5")*0"$2$"'*/+$"-)-'&%()-$"+"
(0/+.+)/2-.+$"(0@3+$9"-".-"20(>+3$('-'8"U";+3*"12+",-$9V"H2>*"12+"%-3)-3$+".+J*$"'+"$2$"
,-'3+$G"6-J*".*$")2-.+$"$(+%,3+"$+"F-64-"$+0/('*"$+@23-"5",3*/+@('-"i/-.>+S"$*63+"
,3*/+@('-j8"H2>*"12+"F*$,+'-3$+"5"-124")*%+0S9".-"*'($+-"'+".-"E3/-8";.-0+/-"H(+33-8"
a;*312+"12&"%2)F*"*)233+"+$/*"+0"/*'-$",-3/+$"'+.",.-0+/-b
""""E2"-7*")*%+0S9"%25"0*3%-.G"$2$",-'3+$".-"-52'-3*0"-"-%2+6.-3"20"-,-3/-%+0/*")*0"
 cl

20-$"-%(@-$G"62+0-$"-%(@-$"5"%25"$+3(-$"5"+$/2'(*$-$"/*'-$G"$2",3(%+3"$+%+$/3+"B2+"/*'*"
20"&Y(/*8";+3*")*%+0S9".*"0*3%-.G")*%+0S-3*0"-")*0*)+3")F()*$"5"*/3-$")F()-$"'+"$2"
+'-'G"'(>+3$-$"('+*.*@4-$G"+0"B(0".-"%-3-7-"F2%-0-G"12+"*)233+"+0"/*'*"-%6(+0/+"
20(>+3$(/-3(*"5",-3-"+.")2-."-"0-'(+",3+,-3-08
""""#$+"B2+"+.")*%(+0S*"'+"$2")3($($"(0/+30-G"'+"$2")3($($"'+">-.*3+$"%*3-.+$G"+$,(3(/2-.+$G"
3+.(@(*$*$G"+/)8"E2"+$/-'*"'+,3+$(>*"+3-"*6>(*G"$2"..-0/*")*0/(02*"+3-"/3-0$,-3+0/+8"N*%*"
$(+%,3+"(0/+0/9"*)2./-3.*"-.",3(0)(,(*G",+3*")*%*"$-6+%*$G"/(+0+"20".4%(/+8";+0$9"+0"+."
-6*3/*G".*")2-."'+$)-3/9"'+$,2&$"'+">-3(-$"$+%-0-$"'+")*0$2./-3")*0"$2$"-%(@-$"40/(%-$G"
)*0".*$"%&'()*$"5"B(0-.%+0/+")*0"$2"%-%PG"12(+0"B2+".-"R./(%-"+0"+0/+3-3$+8"`2+",-,+."
J2@*"+."B-%*$*"0*>(*G"$(%,.+%+0/+"+."%P$"BP)(.G".-"F2('-G".-"3+/(3-'-"$2->+",+3*"%+'(/-'-8"
#."0*"+$/-6-"'($,2+$/*"-"+)F-3$+"3+$,*0$-6(.('-'+$G")*%*"+."'+"20"%-/3(%*0(*"-"$2"+'-'G"
12+34-"'($B32/-3"'+".-">('-"5"/+3%(0-3"$2")-33+3-"+0",-S8";*3".*"/-0/*".+"F(S*"$-6+3"12+"0*"
.-"-%-6-".*"$2B()(+0/+")*%*",-3-")-$-3$+")*0"+..-G"+..-"$2B3(9".*"(0'+)(6.+G",+3*"-".-".-3@-"
.*"-)+,/98
"""";*3".*"%+0*$"+.".+"63(0'9"$2"-,*5*"+%*)(*0-."+0"-.@20-$"+/-,-$"'+."+%6-3-S*"5"0*".-"
-6-0'*09"'+."/*'*"5"%+J*3"-20"G%-0/2>(+3*0"20-"62+0-")*%20()-)(908"X-$"0*/-$"'+".-"
E3/-8";.-0+/-"H(+33-"6-J-3*0"%2)F*G"+."+%6-3-S*"B2+"20"/3-2%-G"-2012+"+..-"(0/+0/-6-"
-,-3+0/-3"12+"+$/-6-"6(+0G"..*3-6-"%2)F*"5"$2B34-"%2)F*8
""""X-$"(0/+33*@-0/+$"$*63+"+."B2/23*"'+."6+6&G"'+"$2">('-G"'+"12(+0".-"12+334-"-F*3-G"+3-0"
*/3*")*0B.()/*")*0$/-0/+"+0"$2">('-8"Z+)+$(/9"%2)F*"-,*5*"5"-52'-"'+"%(",-3/+8
""""N*%*"/2>*"12+"*)233(3G"0-)(9"+."6+6&G"+.",-'3+"+$/2>*"-..4G",+3*"$+"%-3)F9"'+"02+>*"-"
)*0/(02-3"$2$"+$/2'(*$"5"'+"-F4"+0"-'+.-0/+"/*'*".+"/*)9"-"+..-"$*.-G"5"-"$2"B-%(.(-G"/-%6(&0"
-.@20-$"62+0-$"-%(@-$".+"/+0'(+3*0".-"%-0*8"E2">('-")-%6(9",-3-"$(+%,3+8"]-"0*"+3-".-"
J*>+0"B+.(SG"20(>+3$(/-3(-G")*0"%2)F-$"%+/-$G")*0".(6+3/-'",-3-"$-.(3"5"'(>+3/(3$+")*0"$2$"
-%($/-'+$8"QF*3-"+3-".-"%-'3+"'+"20"0(7*"-.")2-."/+04-"12+"-/+0'+3"Tc"F*3-$G",2+$"+3-"$2"
3+$,*0$-6(.('-'",3(%-3(-8"H+04-"-"-.@2(+0"12+"'+,+0'4-"/*/-.%+0/+"'+"+..-G"5"+$*"0*"+3-"
0(0@R0")F($/+8
""""]-"$2$"-%(@*$"0*".-"%(3-6-0"(@2-.G"0*".-"/3-/-6-0"(@2-."5"+3-0",*)*$".*$"12+"$+".+"
-)+3)-6-0")*0"(0/+0)(*0+$"'+"3+.-)(*0-3$+")*0"+..-"$+3(-%+0/+8"N-$("/*'*$"+3-0")-$-'*$G"
'(>*3)(-'*$G"*"%2)F-)F*$"12+"F-64-0",-$-'*",*3".*"%($%*8"E2"+Y,+3(+0)(-".-"F(S*",+3'+3"
.-")*0B(-0S-"+0"+."$+Y*"*,2+$/*"/*/-.%+0/+8";-3-"+..-"/*'*$".*$"F*%63+$"+3-0"%-.*$8
""""N*0/(029"$2$"+$/2'(*$"@3-)(-$"-"12+"$2"%-'3+G"%-'3+"-."B(0G")**,+3*")*0"+..-"+0"+."
)2('*"'+."6+6&8"]"F-$/-"-124"+$"$2B()(+0/+",-3-"12+".-$"J9>+0+$"12+".+-0"+$/+")-$*"%+'(/+0"
20",*)*G"-0/+$"'+"+0/3+@-3$+"-"20"3-/(/*"'+",.-)+3G",*312+"'23-0/+"+$+"3-/(/*"'+",.-)+3"$*.*"
.+"/*%9"'*$"$+@20'*$"-"20"+$,+3%-/*S*('+"3*%,+3"+."P)('*"F(-.2390()*i"$2$/-0)(-"12+"
3*'+-"-."9>2.*j")*0"$2"F(-.23*0('-$-"i"$2$/-0)(-"12+"..+>-"+."+$,+3%-/*S*('+"+0"$2"
)-6+)(/-j"5",+0+/3-3"-."9>2.*"5"B+)20'-3.*8"]"+0"$*.*"'*$"$+@20'*$888")-%6(9".-">('-"'+"
+$/-"J*>+0",-3-"$(+%,3+G"5"/3-J*"-."%20'*"20"$+3"02+>*8

_n5#%',0'K,$+/+'4N%$3
""""`2+"2$/+'+$",(+0$-0888"'+)4-"K+30-0'*"C*J-$d"LE0'7.&#1"'+(.@"'&,'0+'7"8+'.,7.&#1+'8&'
7","7&='&,'0+8'+)<&#8.)+)&8'8&'/#%&9+3P'5"'+)4-"I+0->+0/+d"3'E0'H("#'0"'/.,1+,'7.&@"'>'
7",'+0+84'D.&@"='/+#+',"'<&#'0"8'"981V7%0"8Z'7",'+0+8='/+#+'8+0<+#0"83'P'Z2+$/3*"-%(@*"+0"
)2+$/(90"0*",2'*")2%,.(3")*0"0(0@20-"'+".-$"'*$")(/-$"F+)F-$"F-)+"%2)F*$"-7*$",*3"+$/*$"
'*$"F*%63+$"B-%*$*$8"<("(%,3+$(90"+$"12+"/-0"$*.*"62$)-6-"20-"->+0/23-")*0".-")F()-"
20(>+3$(/-3(-"5"J-%P$"+$,+3-6-"12+"-.@*"-$4".+"$2)+'(+3-"-"-%6*$G",2+$/*"12+".-"$(/2-)(90"
 c!

+$"'+"-%6*$",-3-"+."3+$/*"'+"$2$">('-$G"5"-%6*$"+$/P0"20('*$",*3"20"F(J*G"12(+3-0"*"0*"
12(+3-0G",*3"+."3+$/*"'+"$2$"'4-$"+0".-"H(+33-8"Q$4G"12+"5*",(+0$*"12+"+."020)-".-"-%9G"0("
$(12(+3-"$+"-,-3+)(9",*3"%("*B()(0-")2-0'*".*")(/&8"#3-"20"/(,*"+@*4$/-G"+0@3+4'*G"5"/-.>+S"
-20"0*"$-6+".*"12+"+$".-"3+$,*0$-6(.('-'"12+")*0..+>-"/+0+3"20"F(J*8":(*$"12(+3-"12+"0*G"
,+3*"$+">+"%2)F*G"12+")2-0'*"$2"F(J*"..+@2+"-".-"-'*.+$)+0)(-"3+)(6(3P".-"3+,2+$/-"-"$2"
(@0*3-0)(-8

T-'M%0),a%777
""""#$"%-$"12+"*6>(*G"+$/-"/*'*").-3*"+0"+$/+")-$*"/-0")*%R0"+0"02+$/3*",.-0+/-G",+3*"'+."
12+"0-'(+"12(+3+"-,3+0'+38"U;*312+"$+3PV"E+"3+,(/+"20-"5"*/3-">+SG"20-"5"*/3-">+S"888")-$("
$(+%,3+"$-.+0",+3'(+0'*".-$"%2)F-)F-$"5".*$"F(J*$"12+"/3-+0"-."%20'*8"a]"/*'*"*)233+"+0"
'*$"$+@20'*$b

1,%2$.,0%456($7,%.7(8(%'8%9,*$(%,5:#;<57:#
U_<%$=5,'-/'+,a/$%0'+,'/N/$3W

3'E0'AV9.1"'7",<.&#1&'0"8'/0+7&#&8'8%,1%"8"8"&,'.(/#&87.,).90&8',&7&8.)+)&8'7"1.).+,+8]4'
47'n5j-,*

'''"#..-"B2+"20-"0(7-"%-./3-/-'-"+%*)(*0-.%+0/+"5"B4$()-%+0/+G"0-)(9"+0"20-"B-%(.(-"'+"
,-'3+$"-'()/*$G"+.",-,P"12(&0",3*)+'4-"'+"20-"B-%(.(-"-)*%*'-'-"'+"%2)F*"'(0+3*G"
3+)(6(9"-52'-"(0).25+0'*"F*$,(/-.(S-)(*0+$"+0"%R./(,.+$"*)-$(*0+$8"X-"%-'3+"-"12(+0"+."
,-'3+".-")*0*)(9"+0"20-"'($)*/+)-"+0"20-"'+"$2$"%R./(,.+$",-33-0'-$"0*)/230-$G"/-%6(&0"
+3-"-'()/-"-".-")*)-40-8
""""N-'-">+S"12+"-%6*$",-'3+$"+3-0"F*$,(/-.(S-'*$"+0"20('-'+$",$(12(P/3()-$"'+"
'+$(0/*Y()-)(90",-3-"-'()/*$"-"'3*@-$G".-"0(7-".-")2('-6-0"$2$"-62+.*$"3()*$8"#..-")3+)(9"
,3P)/()-%+0/+"+0")-$-"'+"$2$"-62+.*$G".*$"12+".-")*0)(0/(+3*0"F-$/-"%-$"0*",*'+3"(@2-."
12+"F-64-0"F+)F*")*0"$2"F(J*8"]-"-".*$"12(0)+"-7*$G"+..-"G")*%*"12(+0"'()+G"/*%9")*0/3*."
'+"$2">('-8"E2$"-62+.*$G"12(+0+$",+0$-6-0"12+"+."-,+..('*"5"+."'(0+3*".*",2+'+0"/*'*G"$+"
+0)*0/3-3*0"+0".-"$(/2-)(90"'+"/+0+3"12+",+'(3"-52'-"-",$(12(-/3-$",*3",3(%+3-">+S"+0"$2"
>('-8"H2>(+3*0",*3",3(%+3-">+S"12+"'+)(3"dL"X+"$2,.()-%*$"12+"0*$"-52'+G"0*"$-6+%*$"5-"
12+"F-)+3Ld"5"+$/*"0*"-"20*G"0("-"'*$",3*B+$(*0-.+$"'+"$-.2'"%+0/-.G"$(0*"G"12+"-"20"+12(,*"
'+"/3-6-J*")*%,.+/*8";-3-"+..*$"B2+"%25"F2%(..-0/+"/+0+3"12+"F-)+3"+$/*G",+3*",*3".*"
%+0*$"F-5"12+"-,.-2'(3.+"+."F+)F*"'+"12+".*"F()(+3*0G"F-5"%2)F*$"12+">(>+0".-"%($%-"
*'($+-"-"+$)*0'('-$G"5"%2+3+0"-"+$)*0'('-$"5".*"/-,-0"/*'*")*0"+."'(0+3*G"-2012+"/-3'+"*"
/+%,3-0*G"$(+%,3+"$+"$-6+8
""""X-"E3/-8"Q3@+3(-"F-64-",-$-'*",*3"/*'*"/(,*"'+"+Y,+3(+0)(-$"-"$2"+'-'"/+%,3-0-G"
(0).25+0'*".-",3*$/(/2)(90G",2+$")2-0'*",+'4-"20"6*.+/*",-3-">(-J-3"-"?-q-("5"$+".*"
 cT

0+@-6-0G"'+)4-"+..-"12+"+0"20-"0*)F+".*")*0$+@24-"-)*$/P0'*$+")*0"'*$"*"/3+$"F*%63+$"
3()*$"'+".*$"12+")*0*)4-G"5"$+"%-3)F-6-"-"'*0'+"12+34-8";-3-"%-0/+0+3$+"5"3+@3+$-3"F-)4-"
.*"%($%*8";-3+)+"(33+-."12+")*$-$"-$4"*)233-0"-124"+0"02+$/3*"-'*3-'*",.-0+/-"H(+33-8"
U\+3'-'V";+3*"*)233+0"-"'(-3(*"5")*$-$",+*3+$8
""""I2+0*G",+3*".*$",-'3+$"'+".-"E3/-8"Q.@+3(-G"12(+0+$"$(@2(+3*0"$(+0'*"-'()/*$"5"
$*)(-.%+0/+"/-,-0'*"+.")(+.*")*0".-"%-0*G").-3*"+$/P"$+"'(>*3)(-3*0G"5"+..-")*0/(029"$2"
->+0/23-"'-0/+$)-",*3".-">('-G"/-%6(&0"'+"F*$,(/-.",$(12(P/3()*"+0"F*$,(/-.",$(12(P/3()*8"
C+)(6(9"20"'(-@09$/()*"'+";+3$*0-.('-'"K3*0/+3(S-G"$+")-$9")*0"*/3*"-'()/*"-")*)-40-"5"
+..-"12(+0"5-"/-%6(&0"+3-"-'()/-G"5-"-".*$"'(+)(02+>+"-7*$"/+04-"'*$"F(J*$8"a`2+"/3-@+'(-b
""""H*'->4-".*$"0(7*$"$(@2+0"3+)(6(+0'*"-52'-",$()*.9@()-"5",$(12(P/3()-G".-"0(7-"$2B3+"'+"
'+,3+$(*0+$"5"B*6(-$G"5"+."0(7*"'+"-$%-"5"Q:?Q:8";+3*"-%6*$">-0"%25"6(+0"+0".-"
+$)2+.-"5"$2,+3-0'*"$2$",3*6.+%-$8
""""N*%*"+$/+")-$*"+Y($/+0"%(.+$"+0"+."%20'*8"X-$"-'())(*0+$"$*.*"/3-+0"+$/*"5"%2)F*"
%-$8"E2B3(%(+0/*",-3-"/*'*"+."%20'*8

_`5,')"'/-R50/'K,]'-/'/N/$%03
""""E-6+%*$"12+"0*G".-"J*>+0"B2+"20-">4)/(%-"%P$"'+"20*$",-'3+$"-'()/*$G"5"'+"20*$"
-62+.*$G"/-%6(&0"-'()/*$"-."'(0+3*"5"-".-$"-,-3(+0)(-$"$*)(-.+$8"K2+"20-"J*>+0"12+"0-)(9G"
>(>(9"5"%23(9G"$(0")*0*)+3".*"12+"+3-"+."$+0/(%(+0/*"Q%*38"_/3-"F($/*3(-"/3($/+G"0*"'+"
\+02$"G"0("'+"<-3/+G"0("'+"AR,(/+3G"$(0*"12+"'+"-124"'+"02+$/3*",.-0+/-"H(+33-8

Q%0),a%
""""E+0)(..*G"-)+,/-3".-">+3'-'"5".-"3+-.('-'"5"62$)-3"-52'-"-"/(+%,*G"-$4"$+",2+'+0"+>(/-3"
%2)F-$"/3-@+'(-$")*%*"+$/-$8"]"$-6+3"12+"+."'(0+3*"+$"62+0*G",+3*"0*",2+'+"'+/+0+3"+."
%20'*"+0"$2"@(3-3G"0("F-)+3"12+"+."E*."$+",*0@-"%-$"/+%,3-0*"*"12+".-"X20-"$+"'+/+0@-"
,-3-"0*$*/3*$"+0"+.")(+.*8

"
T)1/+[)1"M/)'$,-/M"%0/+/)'M%0',)1,'M/)%',0'./$1"M5-/$&

Q33+$/*$",*3">(*.-)(90"-".-".+5"'+"'3*@-$"+0"#8=G"!kkl
i:($/3(62)(90"+0",*3")(+0/*$j
#8"=8H*/-."Z*3+$/+"_+$/+d%+'(*"E23"_+$/+
H*/-."!"!ll8l"!ll8l"!ll8l"!ll8l"!ll8l
\+0/-^"W!8g"c!8l"W!8h"Te8c"Th8k
?+3*40-"5")*)-40-"T!8l"Wc8f"!!8f"!k8c"!g8h
<-3(J2-0-"g8!"c8h"h8T"g8c"g8c
:3*@-$"$(0/&/()-$"d"0*"%-02B-)/23-'-$"l8g"l8f"l8h"!8l"l8W
_/3-$"'3*@-$"0*"0-3)9/()-$"W8k"!8c"!T8c"!8g"c8f
;*$+$(90^"ge8c"fk8l"ge8W"h!8g"hT8!
?+3*40-"5")*)-40-"WW8W"Wc8T"!k8f"Wl8g"Wk8e
<-3(J2-0-"TW8k"T!8c"Wg8c"W!8h"!c8h
E(0/&/()-$"F+)F-$",*3"+."F*%63+"!8f"!8l"!8f"W8l"l8g
:3*@-$",+.(@3*$-$"0*d0-3)9/()-$"k8h"T8c"!l8e"g8W"!h8l
""""#$/*$",*3")(+0/*$".+$"'-3P0"20-"('+-"'+".-"@3->+'-'"'+.",3*6.+%-"12+"5-"/*'*$"
 cW

)*0*)+%*$G"+.")-$*"-0/+3(*3"+$"20-"'+".-$"'+)+0-$"'+")*0$+)2+0)(-$"12+">+%*$"-"'(-3(*G"
,3*'2)/*"'+."-62$*"'+"'3*@-$8

T-'6$7'*'-/'6$/7'P$/0M"/
U6%)'.$%9,)"%0/-,)'"0M%N./1"#-,)W

35+'8+9.)%#-+'&8'%,'+)"#,"'&,'0+"/#"8/&#.)+)''>'%,'#&?%@."'&,'0+'+)<&#8.)+)]4'
4$")1\1,-,)
3Q%7A"'8+9&'&0'$%&'7","7&'8%"/#"/.+'.@,"#+,7.+]4'"Q%095M"%
3E0'$%&'8+9&='+/#&,)&Z'&0'$%&","'8+9&='8&')&).7+'+'0+'&,8&F+,B+]4"^)M/$'8"-+,

""""Z-)(+3*0G"+Y($/(+3*0"5">(>(+3*0",-3-"+$/2'(-3G")-$(",*'34-",*0+3$+")*%*"+,(/-B(*"+0"$2$"
/2%6-$G"..+@-'*"+."%*%+0/*8"Q%6*$"+$/2'(-3*0")*0"%2)F*$"$-)3(B()(*$G".-3@-$"0*)F+$"'+"
'+$>+.*8"<2)F-$"F*3-$"$+0/-'*$"B3+0/+"-"$2$".(63*$",-3-"-."B(0-."*6/+0+3"20"/4/2.*"'+"
'*)/*3-'*8"#."+0"+)*0*%4-"5"-'%(0($/3-)(90G"5"+..-"+0"%+'()(0-8
""""E+")*0*)(+3*0"+0"/+3)+3*"'+"6-)F(..+3-/*"5")*0/(02-3*0"'+"0*>(*$",*3")-$("*)F*".-3@*$"
-7*$G"-%6*$"+$,+3-0'*"/+3%(0-3"$2$"3+$,+)/(>*$"@3-'*$8"#."$25*G"%-$")*3/*G"12+"+."'+"
+..-G".+",+3%(/(9")*%+0S-3"-,-@-3".-$"'+2'-$"5"-'12(3(3")(+3/-"(0'+,+0'+0)(-"+)*09%()-8"
+..-"/2>*"12+")*0/(02-3"3*%,(+0'*"0*)F+$"+0"$2$"/3+$"-7*$"'+"3+$('+0)(-"+0",+'(-/34-G"
%(+0/3-$"+."5-"+$/-6-"/3-6-J-0'*G"F-)4-",3+)($-%+0/+"/3+$"-7*$8"#$/*".+",+3%(/4-"-"+."$-.(3"
)*0"+..-"'+">+S"+0")2-0'*G"+0"$2$"'4-$".(63+$8
""""X*$",-'3+$"'+"-%6*$"+3-0"%25"62+0*$"5"$+"$+0/4-0G").-3*"+$/PG"6(+0"*3@2..*$*$"5"
$-/($B+)F*$")*0".*$".*@3*$"5"+."6*0(/*"B2/23*"12+",+3)(64-0"/+0'34-0"-%6*$"F(J*$G")*%*"
,-3+J-"5"B2/23*$"+$,*$*$8"E+",+3%(/4-0"'+">+S"+0")2-0'*"B-0/-$+-3"-)+3)-"'+"+$/+"B2/23*8"
#..*$"'*$",-3+)4-"12+G"5"'+"F+)F*"$+"-%-6-0"+0/3-7-6.+%+0/+8"Z*",-3+)4-"+Y($/(3"0(0@R0"
*6$/P)2.*"+0"$2$">('-$8
""""U#0/*0)+$G",*312+"'+$,2&$"'+"$+($"-7*$"'+")-$-'*$G"5"'*$"F(J*$"'+",*3"%+'(*G"$+"
'(>*3)(-3*0"-%-3@-%+0/+V"QF*3-">(+0+".*"(0/+3+$-0/+8
""""N*%+0S9".-">+3'-'+3-"*'($+-888";3*0/*".-":3-8"K3-0)(-"$+"'(*")2+0/-"12+"/+04-"12+"
,-$-3"%-$"F*3-$"+0".*$"F*$,(/-.+$"5"+0"$2"*B()(0-G"12+"+0"$2$")-$-8"#.":38"K3-0)(-")*%+0S9"
-"0*/-3"12+"$+"$+0/4-"$*.*"+0"$2")-$-G"-."..+@-3",*3".-$"/-3'+$"'+"$2"F*3-3(*"3+@2.-3"'+"
/3-6-J*"5"0*"+0)*0/3-3"-"$2"+$,*$-"+0")-$-8"a"#."0*",*'4-"'+)(3"12+"0*"$-64-"12+"(6-"-"$+3"
-$4G",2+$/*"12+".*"'($)2/(+3*0"%2)F4$(%-$">+)+$"5"-%6*$".*"F-64-"-)+,/-'*"-$4b";*3".*"
/-0/*"$2B34-"+0"$(.+0)(*"$2"'+$)*0$2+.*"5"$2"'+)+,)(90G"$+".*"/3-@-6-"5"-,-3+0/-6-"$+3"
B+.(S8"E(+%,3+"/+04-"20-"%-$)-3-"B3+0/+"-"+..-8
""""#."+$/-6-")*0$)(+0/+"'+"12+"+..-"-,*3/-6-"+."%-5*3"(0@3+$*"-".-")-$-G"5"'+"12+"+..-"
/3-6-J-6-"'23*"5"$(0"3+%+'(*G",2+$"0*",*'4-"*6>(-3"$2$"3+$,*0$-6(.('-'+$"'+"%&'()*8"#."
 cc

$2B3(%(+0/*"'+"$2$"-2$+0)(-$G"'+"$2"+)F-3.-"'+"%+0*$G"$+"$(@2(9"-)2%2.-0'*"+0"+.8"Q."
%($%*"/(+%,*"..+@-3-0"-%6*$"F(J*$G"+.")2-."B2+"/(+%,*"'+"/3-2%-G",2+$/*"12+"+."F-)4-"
%-$"'+"%-'3+"12+"+..-G"-.",3(0)(,(*".*"'($B32/-6-G",+3*",3*0/*")*%+0S9"-",+3)-/-3$+"'+"
12+"5-"0*".*"'($B32/-6-"/-0/*8"]"-2012+"-%-6-"-"$2$"F(J*$G"+."$2B3(%(+0/*"5".-"-0@2$/(-"
B2+3*0")3+)(+0'*8"Q.@*"12+"0(0@20*"'+".*$"'*$",2'*",3+'+)(3"12+",*'34-"*)233(38
""""Q%6*$"F-64-0",-$-'*",*3"-./*"20-"'+".-$".+5+$"6P$()-$"'+".-">('-"5"'+".-",$(12(-/34-G"+."
F+)F*"'+"12+"&0'.,1&0&71"'>'0"8'8&,1.(.&,1"8'7+(.,+'7+)+'7%+0'/"#'8%'0+)"'5"+."Q%*3"0*"
$+",2+'+"3-S*0-3G"0*"$+",2+'+",+0$-3G"/-0"$*.*"$+",2+'+"$+0/(3"-."(@2-."12+".*$"'+%P$"
$+0/(%(+0/*$8"Q%6*$")*0B(-3*0"+0"12+")*0"$2"(0/+.(@+0)(-".*",*'34-0"3+$*.>+3"/*'*"5"
$2,+3-3"/*'*8"a;+3*"+0"+.",.-0+/-"H(+33-"*)233+"+$"-$4b"H-.>+S"+0"<-3/+"*"+0"AR,(/+3G",+3*"
0*"-1248";*3"+$*"%($%*"+$"12+"%2)F*$".(63*$"'+"-2/*-52'-"12+"+.+>-0"-"B(.*$9B()*"*"-".*"
+Y/3+%-'-%+0/+"$(%,.($/-G")*0")*0$+J*$"'+^",*0/+"6(+0G"$2,&3-/+G"/3-6-J-G"$26+"/2"
-2/*+$/(%-G"+/)8G"aZ*"B20)(*0-0b"Z*"-52'-0"%2)F*"-"0-'(+G",*312+".-"3+-.('-'"'+".*$"
$+0/(%(+0/*$"+$"*/3-8"#$"BP)(.")*0".-",-.-63-G",+3*"'(B4)(.")*0".*$"F+)F*$"5".-"-))(908"E(",*3"
)*0$+J*$"B2+3-G"0*"F-634-",3*6.+%-$"+0"+$/+"%20'*G"-."(@2-."12+"$(",*3".(63*$"B2+3-G"
,*312+"$+"$*63-08
""""X-"3+-.('-'"F-5"12+",3+$+0/-3.-"/-.")2-."+$"G"/-.")2-."*)233+"+0".-">('-"'(-3(-G".-"
,$()*/+3-,(-"+$"20",3*)+$*"'+"-7*$"i)(+0/4B()*jG"+$"'*.*3*$*G"0*"+$"BP)(."+0B3+0/-3$+"-"
02+$/3*$"/3-2%-$"5"$+0/(%(+0/*$"B2+3/+$G",*3"+$*".*$"+>-'(%*$"5",3+B+3(%*$"-"-.@2(+0"12+"
)*0"20-"L>-3-"%P@()-LG">+0@-"5"0*$"'+".-"$*.2)(90"-"02+$/3*$",3*6.+%-$8"#$*"0*".*">-$"-"
+0)*0/3-3"+0".*$".(63*$"$*.-%+0/+8";*3"+$*"%+"F+"'+'()-'*"-124"-",3+$+0/-3/+".-$")*$-$"
)*%*"$*0"aN-$*$"'+".-">('-"3+-.b";2+'+"12+"+0)2+0/3+$"+."/25*888",+3*"-20"-$4"0+)+$(/-3P$"
-52'-",3*B+$(*0-."5"12(SP",*3".-3@*"/(+%,*8
"""";*3"+$*"-".*$":*)/*3+$"K3-0)(-".-">('-"0*".+"B20)(*09")*%*"+$,+3-6-0G"5")*%*".-"
/+04-0"(0/+.+)/2-.%+0/+",.-0(B()-'-G",*312+".-"3+-.('-'"0*"B20)(*0-"-$48"#."Q%*3G"0-)+G"
,2+'+")3+)+3G",+3*",2+'+"'-3.+"-0+%(-"5"%*3(3G"-)-6-3$+8"]"+$*"+$"20-".+5"'+".-">('-G".-"
,3(%+3-"12+"/+0+%*$"12+"-)+,/-3"5")*%,3+0'+38"Z*"/(+0+"12+">+3"+0"0-'-G"0(")*0".-"
(0/+.(@+0)(-G".-"3-S-G".-")2./23-G"*"$("+$/-$")-$-'*"*"$*./+3-G".-"+'-'G".-").-$+"$*)(-.G"+."
/3-6-J*"12+"/(+0+$"*".-"3*,-"12+"2$-$8"+/)8"a#E"=Z"E#ZHD<D#ZH_b"]",+3/+0+)+"-"/*'*$"
.*$"$+3+$"F2%-0*$8";*3".*"/-0/*".+",2+'+"$2)+'+3"-")2-.12(+3-"+0")2-.12(+3"%*%+0/*"5"+0"
)2-.12(+3".2@-3"'+.",.-0+/-8
""""#.":38"K3-0)(-G")*0"/*'*"+."/(+%,*"12+"..+>-6-"-%-0'*"-"$2"-'%(3-'-"'*)/*3-G"$+"
*.>('9"12+".-">('-"/3-+34-"20-"3+-.('-'"12+"+."'+6+34-"-B3*0/-3G"'4-"-"'4-G"$2B3(3.-"%*%+0/*"
-"%*%+0/*G"5"0*"$*.*"+0"$2"%+0/+G"5"0*",2'*")*0"+..-8"E+".+"*.>('9"12+"-'+%P$"'+."Q%*3"
+Y($/+0"*/3*$"$+0/(%(+0/*$")*0".*$"12+"+."0*")*0/-6-G"5"12+"+0"3+-.('-'"+..*$"0*"F-64-0"
+Y,+3(%+0/-'*"%2)F*"+0"$2">('-"'+"+/+30*$"+$/2'(-0/+$G"5")2-0'*")*%+0S-3*0"-"$23@(3G"
0*",2'*"/*.+3-3.*$8"#0/*0)+$"$*63+>(0*G".-"B32$/3-)(90G".-"-%-3@23-G".-"-0@2$/(-"5".-"
(0/*.+3-0)(-8"X2+@*".-"$+,-3-)(90"5"+."'(>*3)(*8

i/'K"N%)'.%$=5,'),'+,a/$%0'+,'/N/$d'K,/N%)',-'M%0),a%&
""""#$")*3/*G",2+$/*"12+"5-")-$("/*'*".*"-0-.(S-%*$G",+3*"+$"%25"(%,*3/-0/+"$-6+3G"12+".*$"
$+0/(%(+0/*$"5".-"3-S90"0*"$*0")*%,-/(6.+$"/*'*"+."/(+%,*G".*$"$+0/(%(+0/*$"0*"$+",2+'+0"
3-S*0-3G",+*3"-20G"%2)F-$">+)+$"-)/2-%*$"(33-)(*0-.%+0/+")2-0'*"+Y,+3(%+0/-%*$"
$+0/(%(+0/*$"B2+3/+$G"U;*312+V"E+0)(..-%+0/+"+$/P0".(@-'*$"-"02+$/3-"124%()-")+3+63-.G"
)*0/3*.-'*$",*3"$2$/-0)(-$"124%()-$"12+"$+"$+@3+@-0G"12+3P%*$.*"*"0*8";*3"+$*"+$"12+"
%(..*0+$"'+",+3$*0-$"+0/3-0"+0"+$/-'*$",3*B20'*$"'+"'+,3+$(90"5"0*",2+'+0")*0/3*.-3"$2"
 cf

+$/-'*"'+,3+$(>*G"$("0*"+$")*0"%+'()-%+0/*$8"?+">($/*")*%*"%2)F-$",-3+J-$"$+"
'+$/325+0G"$(%,.+%+0/+",*312+"+."+$,*$*"*".-"+$,*$-"$+"0(+@-0"-"62$)-3"-52'-G"'()+0^"
L]*"$*5"%(",3*,(*",$(12(-/3-G"5*"0*"0+)+$(/*"-"0-'(+L"L_"5*"0*"/+0@*"12+"(3"-")*0/-3.+"
%($")*$-$"-"0-'(+G"+$+".*"12+"12(+3+"+$"$-)-3/+"+."'(0+3*L8"#$-"+$".-"12+J-"'+".-",+3$*0-"
12+"+$/P"B3+0/+"-"%(G"%(+0/3-$".-"*/3-"+$/P"+0"$2")-$-G")*%+/(+0'*"/*'*$".*$"+33*3+$"12+".*"
..+>-0"-."'(>*3)(*"5"-".-"'+$/32))(90"'+"$2">('-8"X-"3-S90"'+"0*">+0(3"-".-"*B()(0-^";23*"
%(+'*G"/+%*3"-"+$)2)F-3".*"12+"$-6+0".+$">-"-"'*.+3"5"12+"/(+0+0"12+")-%6(-38

T0'Q5/-=5",$'./$1,'+,-'<-/0,1/'2",$$/777
gZ0'Y%N#$,'*'50/'N5a,$'),',0/N%$/$%0h

"""%#0"20".2@-3")2-.12(+3-"'+"02+$/3*"6+..*"5"F+3%*$*",.-0+/-"H(+33-"20"F*%63+"5"20-"
%2J+3G"'+")2-.12(+3"+'-'G"'+"+'-'+$"'(B+3+0/+$G"'+")2-.12(+3"3-S-"*")2./23-G"'+"(@2-."*"
'($/(0/-").-$+"$*)(*+)*09%()-G")-$-'*$"5"$*./+3*$G")-$-'*$"5")-$-'*$G"$*./+3*$"5"$*./+3*$G"
$*./+3-$"5"$*./+3-$G"'(>*3)(-'*$"5")-$-'-$G"'(>*3)(-'-$"5"$*./+3*$G"$+"/*,-3*0"20"62+0"'4-"
+."20*")*0"+."*/3*G")+3)-"'+"20"34*8"+0"20-"20(>+3$('-'")2-.12(+3-G"+0"20-"+$)2+.-"
)2-.12(+3-G"+0")2-.12(+3"+$12(0-"*")-B&"'+")2-.12(+3")(2'-'"G"*"+0".-"%-$"6+..-"5">+3'+"
%*0/-7-888"5")-5+3*0">4)/(%-$"'+".-"%-$"F+3%*$-G",+3*"(@2-.%+0/+"'+>-$/-'*3-"
+0B+3%+'-'"12+"+Y($/+"+0".-"H(+33-8"E2)2%6(+3*0"-"20"$+0/(%(+0/*"12+"$+"..-%-"Q<_C8
""""Z20)-"$2,(+3*0")2-0'*"0(")*%*")*%+0S9G"0(",*312+".+$"$2)+'(9"-"+..*$G"$*.*"$2,(+3*0"
12+"'+",3*0/*"$2")*0'2)/-"/*/-.")-%6(9",-3-"$(+%,3+G"$2"B*3%-"'+",+0$-3"5-"0*"B2+".-"
%($%-G",*3"%-$"12+".*"(0/+0/-6-0G"0*",*'4-0"'+J-3"'+",+0$-3"+."20*"+0"+."*/3*G"0*",*'4-0"
'+J-3"'+"62$)-3$+"0("'+">+3$+8"E*7-6-0"+."20*")*0"+."*/3*8"E("$+".*",3*F(64-0G"$+">+4-0"-"
+$)*0'('-$8"I2$)-6-0".-"%-0+3-G".-"B*3%-"'+"+0)*0/3-3$+G")*%*"B2+3-"5"'*0'+"B2+3-8"Z*"
.+$"(%,*3/-6-"0-'-888"0-'-8
""""X-"+0B+3%+'-'"'+".-"12+",-'+)4-0"+3-".-"%-$"-0/(@2-")*0*)('-"+0".-"H(+33-G"$+"..-%-6-"
T(24O'T@4L^O46^(7
""""=0-"%2J+3"'+)+,)(*0-'-")*0"$2"%-/3(%*0(*G")*0"-.@R0"%-3('*"%-./3-/-0/+G"20"F*%63+"
)-0$-'*"'+"-.@20-"+$,*$-")+.*$-"12+",*3"-7*$".+"-%-3@9".-">('-G"20"'(>*3)(-'*"*"
'(>*3)(-'-"12+",+0$9"$+"12+'-34-"$*.*"*"$*.-",-3-"$(+%,3+G"*"12+"12+34-">+0@-3$+"'+".-"
(0B('+.('-'"'+"$2",-3+J-"'+"20-"B*3%-"3P,('-"5"$(0"F-6+3",3*)+$-'*".*$"$+0/(%(+0/*$"'+"$2"
,-$-'*"'(>*3)(*8
"""":*$"+$/2'(-0/+$"(.2$(*0-'*$"12+",*3",3(%+3-">+S"$+"+0-%*3-0"5",(+0$-0"12+".-">('-"+$"
)*.*3"'+"3*$-G")2-.12(+3-"'+"+..*$",*'34-$"$+3"/28"Z-'(+"+$/-"+Y).2('*"'+",*'+3"$+3"20-"
>4)/(%-",*/+0)(-."'+."<^6TO'+,-'4L^O8";2+'+"*)233(3"-")2-.12(+3"F*3-G"+0")2-.12(+3"
.2@-3"'+.",.-0+/-"5"-">+)+$"'*0'+"%+0*$"/+".*"(%-@(0-$"*"+$,+3-$8";2+'+"$+3"+0"/2"/3-6-J*G"
+0"20"/3+0G"+0"20")32)+3*G"+0"20"->(90"*"+0"+."%-$"3+)90'(/*"6*$12+8
"""";+3*"'+".-"%($%-"B*3%-"12+")*%(+0S-"F+3%*$*G"B-0/-$(*$*G")*0"(.2$(90G",2+'+"
$(@0(B()-3"/-%6(&0".-"'+$/32))(90G".-"-@*04-G"5".-"-0@2$/(-"'+".-",-3+J-"12+"$+-"5"'+"'*0'+"
$+-8
""""#Y($/+0"%2)F*$"%(/*$"$*63+"+."Q%*3[",*3"+J+%,.*G"12+"+$"+/+30*".*")2-."+$"B-.$*G"+."
Q%*3"$+@R0")*%(+0S-",2+'+"-)-6-38"`2+"+."Q%*3".*",2+'+"/*'*G"B-.$*G"/*/-.%+0/+"B-.$*G"
+Y($/+0"%2)F*$"*/3*$"B-)/*3+$"12+",2+'+0"%P$G"5"20*"'+"+..*$",*3"/-0"$*.*"%+0)(*0-3"
-.@20*"+$"+."B(0-0)(+3*G"12+"'+$/325+"5")3+-"Q%*38"_/3*"%(/*["12+"$("+Y($/+"Q%*3888"0-'-"
 cg

+$"(%,*$(6.+G"/-%6(&0"+$"B-.$*G"F+">($/*"'+)+0-$"'+",-3+J-$"12+"-20"-%P0'*$+"0*",2+'+0"
>(>(3"J20/*$",*312+"+$/P0"+0"20-")*0/(02-"@2+33-G"+0"20-")*0/(02-"'($)2$(90"5",-3-"0*"
-B+)/-3$+"%-$"+..*$"5"-"$2$"F(J*$G"'+)('+0"'(>*3)(-3$+8
"""";*3"+$*"20"62+0"'4-"-12+..-",-3+J-"12+"$+"+0)*0/39"+0")2-.12(+3",-3/+"'+.",.-0+/-"H(+33-"
5"12(+0+$"$+"+0-%*3-3*0",3*B20'-%+0/+G")3+5+0'*"+0"/*'*$"+$/*$"%(/*$G"+0"/*'-"+$/-$"
B-0/-$4-$G"12+"0*"$+"'(+3*0")2+0/-"12+"+."Q%*3"0-)+G")3+)+G"5"%-'23-8"]"12+"$*.*",2+'+"
%-0/+0+3$+">(>*G"+0)+0'('*G"$("$+")2./(>-G"-6*0-G"5"$+"3(+@-")*0"-/+0)(*0+$")*0$/-0/+$G"
)*0"Q%*3"$*63+"%-$"Q%*3888",2+$"$+0)(..-%+0/+"$+"%2+3+8"#$-$",-3+J-$"12+"'+$'+"0*>(*$G"
$+-0"-'2./*$G"-'*.+$)+0/+$G"J9>+0+$G">(+J*$G"$+,-3-'*$G"'(>*3)(-'*$"*")*%*"$+-G"12+")3++0"
+0"+$/-$"B-.-$+-$"5")*%(+0S-0"-"%-./3-/-3"+."Q%*3"'+"12(+0")3++0"/+0+3"$+@23*$i$2"
,-3+J-jG"$+-"20(.-/+3-."*"6(.-/+3-."+."%-./3-/*G"$+"+0)2+0/3-0"+0".-"%-$"@3-0'+"
+12(>*)-)(908";2+$/*"12+"/-3'+"*"/+%,3-0*G"%-/-3-0"+$+"Q%*3"12+")3++0"+/+30*"5"$+@23*8"
]"-$4"F+">($/*"-".*".-3@*"'+"%(">('-",3*B+$(*0-.")*%*"..+@-0"'+)+0-$"'+",-3+J-$"'+"/*'*$"
.*$"/(,*$"%+0)(*0-'*$G"'+$/32('-$"5"%2)F-$"$(0"3+%+'(*G",*3"F-6+3")*0B(-'*"+0".-$"
-6$23'-$")3++0)(-$"-0/+$"%+0)(*0-'-$8"_.>('P0'*$+"'+"12+"+."Q%*3"+$"/-0"$*.*"20"
$+0/(%(+0/*"%P$"+0".-">('-"'+"20-",-3+J-"5"12+"-2012+"+$"+.",3(%+3*"12+"..+@-888"0*"+$"+."
R0()*"12+"+Y($/+G"5-"12+">(+0+"+0".-"%($%-"+0>*./23-")*0"/*'*$".*$"'+%P$"$+0/(%(+0/*$8
""""]"12(+0"$+"20+"-"*/3*",*3"Q%*3G"'+6+"+$/-3"'($,2+$/*"-"6-/-..-3"/-%6(&0")*0"+.")*3-J+G"
.-"/3($/+S-G".-"-0@2$/(-G".-"B32$/3-)(90G"+."+0*J*"5"/*'*$".*$"'+%P$"$+0/(%(+0/*$"12+"2$/+'+$"
,2+'+0"%+0)(*0-3"5"02%+3-3G",*312+"/*'*$">(+0+0"J20/*$"5"..+@-0"5"$23@+0"/-3'+"*"
/+%,3-0*")*%*")*%,-7+3*$"(0+>(/-6.+$"'+."Q%*38"E("0*"+$/P0"'($,2+$/*$"-"+$/*G"
$+0)(..-%+0/+G"0*"$+"20-0G",*312+">-0"-"/+3%(0-3"$+,-3-'*$"*"'(>*3)(-'*$8
""""_/3*")*0$+J*G"$("'+J-$/+"'+"-%-3888"-,3+0'+"-"'(-.*@-3"5"0*"(0/+0/+$"+0@-7-38"H2"
)*%,-7+3*"*")*%,-7+3-G"%-$"/+">-"-"-@3-'+)+3".-"$(0)+3('-'G"-2012+"/3($/+G"12+"20"
+0@-7*"-0@2$/(*$*8"]-"12+">-"-",3+B+3(3"$2B3(3",*3"20*$"%+$+$"5"$2,+3-3$+G"12+",-$-3"
.-3@*$"-7*$"'+"%-./3-/*"+%*)(*0-."5"%+0/(3-$8"Z*"$+"+$/P")*0"0-'(+",*3",+0-"*",*3".*$"
F(J*$8"X*$"F(J*$"$2B3+0"%-$G",*3"12+"$+"'-3P0")2+0/-"'+".-"%+0/(3-"12+">(>+0"$2$",-'3+$G"5"
.2+@*",+3'+3P0".-"B+"+0"+."Q%*3G",+0$-3P0"12+"/*'*"+0".-">('-"+$"(@2-."12+".*"12+"+..*$"
>(>(+3*08"a=0"+0@-7*b"]"/+".*"$-)-3P0"+0")-3-"+."3+$/*"'+"/2">('-8
"""":+"%*'*"12+"'+$'+".*$")*%(+0S*$"'+."F*%63+"5".-"%2J+3"12+"$+",(+3'+0"+0".-"F($/*3(-"
'+".-"+>*.2)(90"'+"+$/+"F+3%*$*",.-0+/-"H(+33-G"F26*"20"Q'P0"5"20-"#>-"+0")2-.12(+3"
.2@-3"'+."/(+%,*G"12+"$+"+0)*0/3-3*0"+0"20",-3-4$*")2-.12(+3-"+0"20"3(0)90")2-.12(+3-"5"
$+"+0-%*3-3*0G",+0$-0'*"12+"+3-",-3-"$(+%,3+G"+0"-.@20*$"3(0)*0+$"*)233(9"12+"$4G"B2+"
,-3-"$(+%,3+888",+3*"+0"*/3*$G"-%-3@-%+0/+"$2)+'(9"12+"Z_8
 ch

Q%0),M5,0M"/)'+,'-%'=5,'%M5$$,d'lM5/0+%'0%)'+,a/0'+,'4N/$l7"

!/'+,.$,)"\0',)'50/'$,).5,)1/'50"K,$)/-'M5/0+%'1,'+,a/0'+,'/N/$"^

_`5,',)'-/'+,.$,)"\03
"""";-'+)+3"'+"20-"'+,3+$(90").40()-"+$"%25"'(B+3+0/+"'+."/(,*"'+"$+0$-)(90"'+"'+$P0(%*"
12+"-">+)+$"/*'*$".*$"$+3+$"F2%-0*$"+Y,+3(%+0/-%*$"'+"/(+%,*"+0"/(+%,*8"E+0/(%(+0/*$"
*)-$(*0-.+$"'+"/3($/+S-"$*0",-3/+"'+".-">('-"0*3%-.G"5"+$"'+$-B*3/20-'*"12+"/-.+$"
$+0/(%(+0/*$"0*3%-.+$"-"%+02'*"$+".+$"3+B(+3+")*%*"L'+,3+$(90L8"N2-0'*"F-6.-%*$"'+"
'+,3+$(90").40()-"/*'*$"+$*$"$+0/(%(+0/*$"$+"$-.+0"/*/-.%+0/+"'+",3*,*3)(90"-")2-.12(+3"
)-2$-"+Y/+30-"*"-%6(+0/-.8"#Y($/+0"$(/2-)(*0+$"+0".-">('-"'+"/*'*$".*$"$+3+$"F2%-0*$"'+"
+$/+",.-0+/-"12+",2+'+0")*0>+3/(3$+"+0",*$(6.+$")-2$-$"'+"/3($/+S-G",+3*".-$",+3$*0-$"12+"
0*"$2B3+0"'+"'+,3+$(90",2+'+0"%-0+J-3"+$-$"$(/2-)(*0+$"$(0"12+"$+"$(+0/-0"(0)-,-)(/-'*$8"
N*%*",*'+%*$"+$,+3-3.-"'+,3+$(90"$+",2+'+",3+$+0/-3"'+"%2)F-$"B*3%-$G")*%*",*3"
+J+%,.*G"$+0/(3$+"/3($/+"*"/*/-.%+0/+"'+$-0(%-'*8"<-$"$(0"+%6-3@*G"+."$+0/(%(+0/*"'+"
/3($/+S-"0*"$(+%,3+"+$"+."$+0/(%(+0/*"'*%(0-0/+"'+"20-",+3$*0-"'+,3(%('-8"X-"
L'+,3+$(90L"/-%6(&0",2+'+"+Y,+3(%+0/-3$+")*%*"20"$+0/(%(+0/*"'+">-)4*G"*"/-.>+S")*%*"
20-"-2$+0)(-"/*/-."'+"$+0/(%(+0/*$8"=0-",+3$*0-"'+,3(%('-",2+'+"+Y,+3(%+0/-."20-"
,&3'('-"0*/-6.+"+0"$2"F-6(.('-'"'+"+Y,+3(%+0/-3",.-)+3"-)+3)-"'+".*"12+"$+-8"X-"'+,3+$(90"
G"/-."5")*%*".-">+%*$".*$"$(12(-/3-$G"+$"20-"+0B+3%+'-'"'*0'+".-",+3$*0-"+Y,+3(%+0/-"20"
%-3)-'*")-%6(*"+0"$2"+$/-'*"'+"P0(%*"5"+0".-"%-0+3-"+0"12+"+..*$"$+",+3)(6+0"-"$("
%($%*$"5"-."%20'*"12+".+$"3*'+-8"Q$4"12+".-"'+,3+$(90").40()-"+$"20"+$/-'*"'+"'+,3+$(90"
$(@0(B()-/(>*"12+",2+'+">-3(-3"'+$'+"20"+$/-'*"'+"'23-)(90")*3/-"*"%*'+3-'*"-"20*".-3@*"
5"$+>+3*G"(0).2$(>+"-%+0-S-0/+",-3-".-">('-8"X*$"/3-$/*30*$"'+,3+$(>*$"$+"%-0(B(+$/-0"'+"
'(>+3$-$"%-0+3-$G"-."(@2-."12+")2-.12(+3-"*/3-"+0B+3%+'-'G")*%*".-$"+0B+3%+'-'+$"
3+0-.+$"*".-$"(0B+))(*0+$8"X-$"/3+$"B*3%-$"%-$")*%20+$"$*0"G".-"'+,3+$(90"%-5*3G".-"
'5$/(%(-"5"+."/3-$/*30*"6(,*.-38
""""#."/3-$/*30*"'+,3+$(>*"+$"20-"+0B+3%+'-'")*%,.+J-G".-")2-."+0>2+.>+"/2")2+3,*G"/2"
+$/-'*"'+"P0(%*G"5"/2$",+0$-%(+0/*$8"QB+)/-".-"B*3%-"+0"12+"/2")*%+$"5"'2+3%+$G".-"
B*3%-"+0"12+"/2"/+",+3)(6+$"-"/("%($%*G"5".-"%-0+3-"+0"12+"/2",(+0$-$"-)+3)-"'+".-$")*$-$8"
#."/3-$/*30*"'+,3+$(>*"0*"+$"20"+$/-'*",-$-J+3*"'+"/2"+$/-'*"'+"P0(%*G"12+">(+0+"5"$+">-8"
Z*"+$"/-%,*)*"20"$(@0*"'+"'+6(.('-'"'+".-",+3$*0-G"0("20-")*0'()(90"12+"/2",2+'+$"$-)-3"
'+"/(",*3"/2",3*,(-">*.20/-'8"X-$",+3$*0-$")*0"20-"+0B+3%+'-'"+Y,3+$(>-"0*",2+'+0"L"
%+3-%+0/+",*0+3$+"6(+0L"5")23-3$+")*%*"$("0-'-8"E(0"0(0@R0"/3-/-%(+0/*G".*$"$40/*%-$"
,2+'+0"'23-3"$+%-0-$G"%+$+$"5"F-$/-"-7*$8"#."/3-/-%(+0/*"-,3*,(-'*",2+'+".*@3-3"+."12+"
20"elv"'+".-$",+3$*0-$"12+",-'+)+0"'+"'+,3+$(90"%+J*3+"5"$+")23+08";*3"*/3-",-3/+".-"
'+,3+$(90"6(,*.-3"(0).25+",+3(*'*$"'+"+2B*3(-"*"%-04-"Z*"/*'-$".-$",+3$*0-$"'+,3(%('-$"*"
6(,*.-3+$"+Y,+3(%+0/-0".-"/*/-.('-'"'+".*$"$40/*%-$8"Q.@20-$",+3$*0-$"/-0"$*.*"
+Y,+3(%+0/-0"-.@20*$"$40/*%-$"5"*/3*$"$2B3+0"%2)F*$"*"/*'*$8";*3"(@2-.G".-"$+>+3('-'"'+"
.*$"$40/*%-$">-34-0"'+"(0'(>('2*"-"(0'(>('2*8

Q$"1,$"%)'./$/',-'+"/R0\)1"M%
!d=0",+3$($/+0/+"+$/-'*"'+"P0(%*"'+"/3($/+S-G"-0$(+'-'G"*"$+0/(%(+0/*$"'+">-)4*8
TdE+0/(%(+0/*$"'+"'+$+$,+3-0S-G"5",+$(%($%*8
 ce

Wd"E+0/(%(+0/*$"'+")2.,-G"(02/(.('-'G"'+$-%,-3*"*"(%,*/+0)(-8
cd;+3'('-"'+"(0/+3&$"*"'+",.-)+3"+0",-$-/(+%,*$"5"+0"-)/(>('-'+$"12+"-0/+3(*3%+0/+"
'($B32/-6-$G"(0).25+0'*"$+Y*8
fd"D0$*%0(*G"'+$,+3/-3$+"%25"/+%,3-0*G"*"'*3%(3"'+%-$(-'*8
gd"<2)F*"-,+/(/*"5"-2%+0/*"'+",+$*G"*",&3'('-"'+"-,+/(/*")*0",+3'('-"'+",+$*8
hd":($%(02)(90"+0".-"+0+3@4-"5"B-/(@-G"/+"$(+0/+$")*%*"L-,-@-'*L8
ed";+0$-%(+0/*$"*"('+-$"$2()('-$G"+"(0/+0/*$"$2()('-$8
kd"D012(+/2'G"(%,-)(+0)(-G"'+$-$*)(+@*G"(33(/-6(.('-'
!ld":(B()2./-'"+0")*0)+0/3-$+G"+0"3+)*3'-3"5"+0"/*%-3"'+)($(*0+$8
!!d"E40/*%-$"B4$()*$",+3$($/+0/+$".*$")2-.+$"0*"3+$,*0'+0"-"0(0@R0"/3-/-%(+0/*"%&'()*G"
)*%*"'*.*3+$"'+")-6+S-G"'+$*3'+0+$"+$/*%-)-.+$G"'*.*3+$")390()*$8"`2+"-B+)/-0".-"
%-0+3-"+0"/2")*%+$"5"'2+3%+$"5".-"%-0+3-"+0"12+"/2",(+0$-$"-)+3)-"'+".-$")*$-$"5"$*63+"
/("%($%*8"C+,(/*"20"/3-$/*30*"'+,3+$(>*"0*"+$"20"+$/-'*"'+"L6-J90"'+"P0(%*L",-$-J+3*G"0*"
+$"$(@0*"'+"'+6(.('-'",+3$*0-.8"X-$",+3$*0-$")*0"20"+$/-'*"'+,3+$(>*"0*",2+'+0",*3"$("
$*.*$"%+J*3-3G"5">*.>+3"-"$+3")*%*"+3-0"-0/+$G"$(0"+."'+6('*"/3-/-%(+0/*G".*$"$40/*%-$"
,2+'+0"'23-3"$+%-0-$G"%+$+$"*"-7*$8

Q/5)/)'+,'-/'+,.$,)"\0
""""#."@32,*"'+"$40/*%-$"12+".*$",$(12(-/3-$"5"*/3*$"/+3-,($/-$"'(-@0*$/()-0")*%*"
'+,3+$(90"G"-0/+3(*3%+0/+"%+0)(*0-'*$G".*")2-."(0).25+".-",3*>($(90"(%,*3/-0/+"'+"12+".*$"
$40/*%-$"$+"F-5-0"%-0(B+$/-'*"+0".-",+3$*0-",*3"%-$"'+"'*$"*"/3+$"$+%-0-$"5"12+"-'+%P$"
+$/P0"(0/+3B(3(+0'*")*0".-">('-"0*3%-."'+.",-)(+0/+G">(+0+0"-"$+3"+."3+$2./-'*"'+"20-"
-./+3-)(90"+0".-"124%()-"'+.")+3+63*8"#$/-"-./+3-)(90"+$"$(%(.-3"-"*/3-$"-./+3-)(*0+$"12+"
*)233+0"+0"+.")+3+63*G"/+%,*3+3-$G"*">-3(-)(*0+$"0*3%-.+$G"12+",2+'+0"$+3"
'+$+0)-'+0-'-$",*3"+0B+3%+'-'+$G"-0$(+'-'G"B32$/3-)(90"*",+$-3"5"-B.())(90i"'+6('*"-"
,&3'('-$jG",+3*"'(B(+3+0"+0"12+"$+"$*$/(+0+0",*3"$("$*.-$"5"0*"$+"3+$2+.>+0")2-0'*"$+"
3+%2+>+".*$"B-)/*3+$";C#ND;DHQZH#E"i"$("+$"12+"$+"+0)2+0/3-0"B-)/*3+$",3+)(,(/-/-0/+$G"
5-"12+"-">+)+$"0*"+Y($/+0j8
""""#0"$2".2@-3G".-$"-./+3-)(*0+$"124%()-$")*0/(0R-0G",3*'2)(+0'*".*$"$40/*%-$"'+,3+$(>*$"
5"-"/3->&$"'+".*$"$40/*%-$G"+0*3%+$")-0/('-'+$"'+"-0$(+'-'"+0".-",+3$*0-^"(0B+.()('-'G"
-./+3-)(*0+$"'+."$2+7*G"B-./-"'+")*0)+0/3-)(90G"'(B()2./-'"+0"3+-.(S-3"$2",3*,(*"/3-6-J*G"
(0)-,-)('-'"'+")2('-3$+"-"$("%($%*"5"'+"-/+0'+3"$2$"0+)+$('-'+$"B4$()-$"5"+%*)(*0-.+$G"
H+0$(90"+0".-$"3+.-)(*0+$")*0".*$"-%(@*$"5")*0"$2$"B-%(.(-3+$8"H*'*$"+$/*$"B-)/*3+$"
,2+'+0"$+3"$2B()(+0/+$",-3-"-)/2-3")*%*",3+)(,(/-0/+$",-3-"12+".-"-./+3-)(90"124%()-"+0"+."
)+3+63*")*0/(0R+"G"*",2+'+0"(%,+'(3".-"3+$*.2)(90"'+".-$"'(B()2./-'+$"12+",3+)(,(/-3*0".-"
-./+3-)(90"124%()-"(0()(-.G"*"-%6-$")*$-$8"X-"-./+3-)(90"+0".-"124%()-"'+.")+3+63*",2+'+"
$+"-2/*"d".(%(/-0/+"+0".-"%-5*34-"'+".*$")-$*$"'+"'+,3+$(90"5",2+'+"'23-3"'+$'+"20*"-"/3+$"
-7*$G"$+@R0".*$"+$/2'(*$G"5".-"124%()-"0*3%-."3+-,-3+)+G"-20"$(0"/3-/-%(+0/*"%&'()*8"
a;+3*",*312+",-'+)+3"/3+$"-7*$"'+"-0@2$/(-")2-0'*"+0"20-$")2-0/-$"$+%-0-$",*'+%*$"
>*.>+3"-".-"0*3%-.('-'8":+$'+".2+@*"12+"$(".-"-./+3-)(90"+$".*"$2B()(+0/+%+0/+"$+>+3-"
)*%*",-3-")-2$-3"(%,2.$*$"$2()('-$"20-"%-5*34-"'+".-$",+3$*0-$"'+,3(%('-$"$(0"
/3-/-%(+0/*"(0/+0/-3P")*%+/+3"$2()('(*"5"F-$/-"20"!hv".*".*@3-3P8"Q$4"12+".-"'+,3+$(90"
'+6+">+3$+")*%*"20-"+0B+3%+'-'"$2%-%+0/+",+.(@3*$-"5",*/+0)(-.%+0/+"B-/-.8
""""Q">+)+$".*$"-%(@*$"5"B-%(.(-3+$"3+$/-0"(%,*3/-0)(-"-".-"B*3%-"+0"12+".-$",+3$*0-$"
'+,3(%('-$"F-6.-0")-$2-.%+0/+"'+."$2()('(*G"*"'+",+0$-%(+0/*$"-2/*"'+$/32)/(>*$8"#..*$"
F-6.-0"'+"%-0+3-")-$2-.G"0*",*312+"0*"$+-0"(%,*3/-0/+$"*"L,*312+"0*"+$/&0"F-.-0'*"
 ck

+0$+3(*LG"$(0*"12+".*"'()+0")-$2-.%+0/+",*312+"+$/-$")*$-$"0*",-3+)+0"$+3",+*3+$",-3-"
+..*$"12+"+."L,3*B20'*"'*.*3"%+0/-.L"12+"5-"+$/P0"$2B3(+0'*8"N2-.12(+3")*%+0/-3(*")*%*"
L"2$/+'+$"+$/-34-0"%+J*3"$(0"%(L"G"L'+$+-34-"'+"$-./-3",*3".-">+0/-0-LG"L20"'4-"'+"+$/*$"%+"
>*5"-",+@-3"20"/(3*LG"+$"+."+12(>-.+0/+"'+"20-"B(+63+"-./-"3+,+0/(0-"+0")2-.12(+3"*/3-"
+0B+3%+'-'G".-",+3$*0-"'+,3(%('-"'+6+"$+3"+>-.2-'*",*3"20",3*B+$(*0-."'+".-"$-.2'"
%+0/-."(0%+'(-/-%+0/+G",-3-"+>-.2-3"+.",*/+0)(-.",+.(@3*8"=0",.-0",3+%+'(/-'*")*%*"L"
>*5"-"$-./-3"+0B3+0/+"'+.",3(%+3"-2/*6R$"12+",-$+L"G"+$"20"(0'()(*"'+"L,+3'('-"'+"
)*0)(+0)(-"3+,+0/(0-L"^"=0-"+%+3@+0)(-"%&'()-"(0%+'(-/-"5".-",+3$*0-"'+6+"$+3"
F*$,(/-.(S-'-"3P,('-%+0/+8"X-"'+,3+$(90",2+'+"$2,3(%(3"+."(0$/(0/*"'+"$2,+3>(>+0)(-"
/+%,*3+3-%+0/+"*",*3".-3@*"/(+%,*8";*3".*"/-0/*"+.",+0$-%(+0/*"$2()('-"'+"20"'+,3(%('*"
*"+$".*"%($%*"12+"+.",+0$-%(+0/*"$2()('-"'+"20-",+3$*0-"0*3%-."-.")2-."12+"$+".+"
,3+$+0/-"20-")3($($"+0"20")2-.12(+3",20/*"'+"$2">('-8
""""#."$2()('-"'+,3+$(>*"'-"%+0*$"->($*$"5"0+)+$(/-"%+0*$"/(+%,*",-3-",.-0(B()-3G"5"+$/P0"
'($,2+$/*$"-"(0/+0/-3"%&/*'*$"%-$"'*.*3*$*$"+"(0%+'(-/*$G")*%*"$-./-3"'+"20")*)F+"+0"
%*>(%(+0/*"*"'+"20"+'(B()(*"8"Q">+)+$"6-/-..-0")*0"+."(%,2.$*G"'-0'*"->($*$")*%*"
F-)+3$+")*3/-'23-$"+0".*$"63-S*$")*0")2)F(..*$G"5"+$/*".*"F-)+0",-3-"'($/3-+3$+"+..*$"
%($%*$"'+.",3*,(*"$2B3(%(+0/*"5"'*.*3"%+0/-.",*3"+."12+"-/3->(+$-08"Q">+)+$".*$"-%(@*$"5"
B-%(.(-3+$"$+"12+'-0"+$/2,+3B-)/*$"-.">+3")2-0"3P,('*"+$/*$"(%,2.$*$",2+'+0"-,-3+)+3"5"
..+>-3$+"-")-6*

2$/1/N",01%'+,'-/'+,.$,)"\0
<$,R501/&'_Q%N%'-%)'/01"+,.$,)"K%)'N,a%$/0'-/'+,.$,)"\03
C+$,2+$/-^"#Y($/+0"%2)F-$").-$+$"'+"-0/('+,3+$(>*$G"/*'*$".*$")2-.+$",-3+)+0"/3-6-J-3"
-2%+0/-0'*".*$"0(>+.+$"'+")(+3/*$"0+23*/3-0$%($*3+$"+0"+.")+3+63*"i".*$"%-$")*%20+$G"
$+3*/*0(0-G"0*3+,(0+B3(0-G"5"'*,-%(0-j8Z*"+$/-")*%,.+/-%+0/+").-3*"+.",*312+"
-2%+0/-0'*".*$"0(>+.+$"'+".*$"0+23*/3-0$%($*3+$"$+"3+'2)+".-"$+>+3('-'"'+".-"'+,3+$(908"
=0-"/+*34-"'+".-$"%-$")*%20+$"-B(3%-"12+"+."-2%+0/*"+0".-")*0)+0/3-)(90"'+".*$"
0+23*/3-0$%($*3+$G"*)-$(*0-")-%6(*$"+0".-")*0)+0/3-)(90"+0"+.")+3+63*"'+"%*.&)2.-$G"
3+)+,/*3+$G"-".*$")2-.+$"+$/*$"0+23*/3-0$%($*3+$"$+",+@-08"]"'+"-.@20-"%-0+3-"
'+$)*0*)('-"-20"+$"+.")-%6(*"+0".*$"C#N#;H_C#E"-."12+"$+"3+$,*0$-6(.(S-",*3".-"
%+J*34-"'+".-"'+,3+$(908

<$,R501/&'_Q%N%'50%')",01,'-/'$,).5,)1/'/'50'/01"+,.$,)"K%3'L,'K%*'/'.%0,$'
,59\$"M%'%'/-R%'./$,M"+%3
C+$,2+$/-^"X-"'+$)3(,)(90"%-$")*%R0"12+"F-)+0".*$",-)(+0/+$"-".-"3+$,2+$/-"-"20"
-0/('+,3+$(>*G"+$"12+"+."$+0/(%(+0/*"'+"'+,3+$(90"@3-'2-.%+0/+">-"'+$-,-3+)(+0'*G"5"12+"
.-",+3$*0-">2+.>+"-"$+0/(3$+"0*3%-."'+"02+>*"X-",+3$*0-$"12+"3+$,*0'+0"-".*$"
-0/('+,3+$(>*$"0*"$+",*0+0"+2B93()*$G"0("$+"$(+0/+0")*%*"-2/9%-/-$8"E(@2+0")*0".-"%($%-"
)-,-)('-'"'+"$+0/(3$+"/3($/+")2-0"'*"+0B3+0/-0"$(/2-)(*0+$"/3($/+$G".*"%($%*"12+"-.+@3+$"
)2-0"..+@-0"$(/2-)(*0+$"-.+@3+$"-"$2$">('-$8"X-"/3($/+S-"12+"$(+0/+"'+6('*"-"20"'($@2$/*"0*"
+$"'+,3+$(90G"+$"(@2-."-".-"12+"$+"$(+0/+")2-0'*"20*"/(+0+"20-",+3'('-"*"20",3*6.+%-"+0".-"
>('-8"X*$"-0/('+,3+$(>*$"0*",3*'2)+0"-.+@34-"G"0("+2B*3(-G"/-0"$*.*"-.(>(-0".-"+0B+3%+'-'"
 fl

,-3-"12+"/2",2+'-$"$+0/(3".*$"$+0/(%(+0/*$"0*3%-.+$"'+"02+>*"8"X-"-.+@34-"0*"+$"-.@*"12+"
$+",2+'+")*0$+@2(3"%P@()-%+0/+")*0"20-",4.'*3-8
<%$'M",01%'+,'$,).5,)1/'/'-%)'/01"+,.$,)"K%)
8"=0-",3+@20/-").P$()-"+$["12+",*3")(+0/*"'+".-$",+3$*0-$"12+"$2B3+0"'+"'+,3+$(90"
3+$,*0'+0"-".*$"-0/('+,3+$(>*$8
""""X-"3+$,2+$/-G"'+"-)2+3'*"-".*$"+$/2'(*$G"+$"12+"@+0+3-.%+0/+G"-.3+'+'*3"'+"TnW",-3/+$"
'+".-$",+3$*0-$"'+,3(%('-$"3+$,*0'+3P0"-")2-.12(+3").-$+"'+"-0/('+,3+$(>*$8";*3"*/3-"
,-3/+G".-$",+3$*0-$"12+"0*"3+$,*0'+0"6(+0"-.",3(%+3"-0/('+,3+$(>*"12+".+",3+$)3(6+"$2"
%&'()*G"/(+0+0"20-"*,*3/20('-'"%25"62+0-"'+"3+$,*0'+3"-."$+@20'*"12+"$+".+",3+$)3(6+8
401"+,.$,)"K%)'N/)'M%Nk0N,01,'5)/+%)
"""";3(%+3*"12+"0-'-"'+6*"%+0)(*0-3"12+"/*'*$".*$"-0/('+,3+$(>*$"$*0"(@2-.%+0/+"
+B+)/(>*$G">-34-0"+0")2-0/*"-")*%,*$()(90"124%()-G"'*$($G"+B+)/*$"$+)20'-3(*$G"5"-.@20*$"
$*0"%-$"+B+)/(>*$"12+"*/3*$"+0"%+J*3-3"$40/*%-$"+$,+)4B()*$G"+"(0).2$(>+"*/3-$"
)*0'()(*0+$"12+")-$("$(+%,3+"-)*%,-7-0".-"'+,3+$(90"i")*%*".-"B*6(-$G".*$"-/-12+$"'+"
,P0()*G".*$"/3-$/*30*$"*6$+$(>*$G"+/)8j8H-%6(&0">-34-0"+0")2-0/*"-".*$"0+23*/3-0$%($*3+$"
+0".*$"12+"/3-6-J-0G"'+"+$*"5-"F-6.-%*$"-0/+3(*3%+0/+8
!/'+")950M"\0'),j5/-';'50%'+,'-%)',9,M1%)'N/)'1$/5N/1"]/01,)
#0/3+".*$"%-$")*0*)('*$G"+$/P0";3*S-)G"E(0+12-0G";-Y(.G"H*B3-0(.G"Q0-B3-0(.G"w+..62/3(%G"
#B+Y*3G":+$53+.G"E+3S*0+"5".*$"(0F(6('*3+$"'+".-"<Q_"12+"5-",3P)/()-%+0/+"0*"$+"2$-08"
=0*"'+".-$"3-S*0+$",*3".-$")2-.+$".*$",-)(+0/+$"12+"$2B3+0"'+"'+,3+$(90"-6-0'*0-0"+."
/3-/-%(+0/*",2+'+0"$+3".*$"+B+)/*$"$+)20'-3(*$"12+"+$/*$",3*'2)+0"5"20*"'+"+$/*$"+B+)/*$"
$+)20'-3(*$".*"+$".-$"-./+3-)(*0+$"+0".-"$+Y2-.('-'"'+.",-)(+0/+8"Q.@20-$"'+".-$",3+@20/-$"
%P$")*%20+$"$*0^
HA<$,R501/&4-R50%)'/01"+,.$,)"K%)'.$%+5M,0'/-1,$/M"%0,)',0'-/'950M"\0'),j5/-7'_'(,'
.5,+,'Y/M,$'/-R%'./$/'N"0"N"]/$-%)3
C+$,2+$/-^"H-0/*"+0".*$"F*%63+$")*%*"+0".-$"%2J+3+$",2+'+"'($%(02(3"+."'+$+*"$+Y2-."5"
-2%+0/-3".-$"'(B()2./-'+$",-3-"/+0+3"20"*3@-$%*8"#0"-%6*$"$+Y*$".*$"%+'()-%+0/*$"
%+0)(*0-'*$"..-%-'*$"(0F(6('*3+$"'+".-"3+)-,/23-)(90"'+".-"$+3*/*0(0-"(0"i;3*S-)G"u*.*B/G"
;-Y(."-0'"X2>*YjG"5".*$"<Q_"*"(0F(6('*3+$"'+".-"%*0*-%(0"*Y('-$-"iZ-3'(."5";-30-/+j"
,2+'+0"*)233(3"+$/*$"+B+)/*$8"X-"d%+0/-6.+%+0/+"0*"+Y($/+"/3-/-%(+0/*"-.@20*",-3-".-"
'($%(02)(90"+0"+."-,+/(/*"$+Y2-.G"12+"0*"$+-"6-J-3".-"'*$($"'+."%+'()-%+0/*"*")-%6(-3"-"
*/3*"%+'()-%+0/*")*%*"+."u+3S*0+G"12+"$+"'+%*$/39"+0"+$/2'(*$"3+-.(S-'*$",*3"+.":38"
Q.-0"K+(@+3"5",3+$+0/-'*$"+0".-"R./(%-")*0>+0)(90"'+".-"Q$*)(-)(90"Q%+3()-0-"'+"
;$(12(-/34-"12+"$2$"+B+)/*$"$*63+".-"'($B20)(90"$+Y2-."$*0"$(@0(B()-/(>-%+0/+"%-$"6-J*$"
12+"*/3*$"-0/('+,3+$(>*$G"-2012+">2+.>*"-"3+)-.)-3"/*'*$"$*0"(@2-.%+0/+"+B+)/(>*$"+0"+."
/3-/-%(+0/*"'+".-":+,3+$(90"N.40()-8
""""=0*"'+".*$"+B+)/*$"$+)20'-3(*$",2+'+"$+3":(B()2./-'"+0"Q.)-0S-3"+."_3@-$%*"+.")2-."
,2+'+"$+3"/3-/-'*")*0"-.@20*$"%+'()-%+0/*$")*%*^";+3(-)/(0G"=3+)F*.(0+G"5"E5%%+/3+.8"
;+3*"0(0@20*",2+'+"$+3"2/(.(S-'*"$(0",3+$)3(,)(90"%+'()-"5".-"%-5*34-"'+".*$"$(12(-/3-$"
0*"+$/P0"B-%(.(-3(S-'*$")*0"$2"2$*",-3-"+."/3-/-%(+0/*"'+".*$"+B+)/*$"$+)20'-3(*$"+0".-"
$+Y2-.('-'8

_`5,'Nb1%+%)'.5,+,0'51"-"]/$'-%)'./M",01,)'./$/'1%-,$/$'N,a%$'-%)'/01"+,.$,)"K%)3
\+-%*$"-.@20*$"'+"+$/*$"+B+)/*$"$+)20'-3(*$"5"12+",2+'+$"F-)+3",-3-"%(0(%(S-3.*$^
!d"E+12+'-'"+0".-"6*)-^"H*%-3"%2)F-"-@2-G"%-$/()-3"@*%-"'+"%-$)-3"$(0"-SR)-3G">($(/-3"
+."'+0/($/-")*0"%-$"B3+)2+0)(-",-3-"%-0/+0+3".-"F(@(+0+"*3-."-."'4-8
 f!

Td"#$/3+7(%(+0/*^"H*%-3"-."%+0*$"g">-$*$"'+"-@2-"'(-3(-%+0/+G"N*%+3")+3+-.+$G"
+0$-.-'-$"/3+$">+)+$"-."'4-G"+J+3)(/-3$+"'(-3(-%+0/+
i")-%(0-3"-."%+0*$"Tl"%(02/*$"'(-3(*$"+0")*0$2./-")*0"$2"%&'()*"'+")-6+)+3-G"*",+'(3.+"
20-"3+)+/-"-."$2"%+'()*",-3-"+."+$/3+7(%(+0/*")*%*"<+/-%2)(.G"*"N*.-)+G"+>(/+"+."#Yd
X-Y8
Wd";3*6.+%-$"23(0-3(*$^"#$/+"+B+)/*"'+"-.@20*$"-0/('+,3+$(>*$"+$,+)(-.%+0/+".*$"
/3()().()*$G";2+'+"12+".+")3++"-.@20-"'(B()2./-'"+0")*%+0S-3"-"*3(0-3"8"E(".+"/*%-"%-$"'+"f"
%(02/*$"'+$'+"12+"2$/+'"/3-/-"F-$/-"12+")*%(+0S-"-"*3(0-3")*0$2./+"-"$2"%&'()*8
cd"\($(90"6*33*$-^"X*$"%+'()-%+0/*$"%*'+30*$"0*")-2$-0"+$/*",+3*"$(".*$"/3()().()*$"
,2+'+0")-2$-3.*"+0"-.@20-$",+3$*0-$G",2+'+"12+".+")-2$+0"'(B()2./-'"-.".++38"X-">($(90"
.+J-0-"2$2-.%+0/+"020)-"$+"-B+)/-8"E("2$-"+$,+J2+.*$"'+6+")*0$2./-3"-."*B/-.%9.*@*8
fd"<-3+*$"-.".+>-0/-3$+"'+".-")-%-G"*"'+"20-"$(..-G"*"-."$26(3"+$)-.+3-$G"$*0"/-%6(&0"
)-2$-'*$",*3".*$"-0/(@2*$"/3()().()*$8"N*0$+J*^")-%6(-3"'+"%+'()-%+0/*G"/*%-3".*$"
.412('*$"-'+)2-'*$"5".-"'(+/-"-'+)2-'-"/-%6(&0"-52'-",3+>+0(3.*8
gd"E*7*.+0)(-["Z*3%-.%+0/+"'+$-,-3+)+"-".*$",*)*$"'4-$"'+")*%+0S-3"-"/*%-3"+."
-0/('+,3+$(>*8"N*0$2./+"$2"%+'()*"$(",+3$($/+"5"+>(/+"*,+3-3"%-12(0-3(-"2"*6J+/*$"
,+.(@3*$*$"*"@2(-38

O,).,M1%'/'-/'),j5/-"+/+;',)'"N.%$1/01,'+")M51"$'M%0')5')"=5"/1$/&
HA'Q5/0')/1")9,MY%',)15K%'5)1,+'M%0')5'M/./M"+/+'./$/'+")9$51/$',-'),j%'-/'k-1"N/'
),N/0/3
SA6T)M$"#/-,'-/'M/./M"+/+'=5,'15K%'./$/'+")9$51/$'+,-'),j%',0'-%)'k-1"N%)'+[/)7
FA("',)'N5a,$;'Y/'1,0"+%'+"9"M5-1/+'./$/'/-M/0]/$',-'%$R/)N%3
GA'T)15K%')/1")9,MY/'+,'-/'"01,0)"+/+'+,-'%$R/)N%3
XA'("',)'Y%N#$,&'15K%'.$%#-,N/)',0'N/01,0,$'50/',$,MM"\0'-%)'./)/+%)'+[/)3
EA!,'1%N\'N5MY%'1",N.%'U'0%'),/'1[N"+%'/-'M%0)5-1/$'M%0')5'N,+"M%W7
DA25K%'.$%#-,N/)'/-',*/M5-/$3
VAT*/M5-\'.$,N/15$/N,01,'%'N5*'$J."+%3
CA'25K%'%$R/)N%)')"0'0"0R50/'%'.%M/',*/M5-/M"\07
""""X*$"F*%63+$"/(+0'+0"-"$+3"%-$"3+$+3>-'*$"12+".-$"%2J+3+$")*0"$2"%&'()*"5"/+%+3*$*$"
*"/4%('*$"+0".-0S-3$+"-"F-)+3"+$/-$",3+@20/-$8"#0")-%6(*".-$"%2J+3+$"/(+0'+0"-"+Y,3+$-3"
%P$".*"12+"$(+0/+0"5"$+".+$"B-)(.(/-"%-$",3+@20/-3"-6(+3/-%+0/+8"

T-'6>e^OQ>^&'^1$/'+,'-/)'M%0),M5,0M"/)'+,'-%)'=5,'),'+,a/0'
+,'/N/$7

""""Z*",*'+%*$"F-6.-3"$*63+"+."/+%-"'+."'(>*3)(*"$(0"%+0)(*0-3"20",*)*".-$"+$/-'4$/()-$"
/-0"-.-3%-0/+$"12+"3+)(6(%*$"-"/3->&$"'+".-$"3+>($/-$"%&'()-$G".-",3+0$-"5".*$"%+'(*$"
(0B*3%-/(>*$"+0"@+0+3-."5"12+"+$/P0"3+.-)(*0-'-$")*0"/*'*$".*$")-$*"-0/+3(*3+$"
%+0)(*0-'*$"+0"+$/+".(63*8"X-$"/3-+%*$")*0"+.",3*,9$(/*"'+"12+")*0$/(/25-"20"B-)/*3",-3-"
%+'(/-3G"5",-3-")-%6(-3"-)/(/2'+$G"5"+$/(.*$"'+">('-8"E*0",3+>+0/(>-$8
"""";*3"+J+%,.*^"$+")*0*)+"+."F+)F*"'+"12+"+."hlv"'+".*$")*0B(0-'*$"+0".-$"(0$/(/2)(*0+$"
,+0-.+$"'+.",-4$"B2+3*0"'+$+3/*3+$"+$)*.-3+$"5"+."ef"v"'+"+$/*$",3*>(+0+0"'+",-'3+$"
 fT

'(>*3)(-'*$8"#0"+."!kkT"+."clv"'+".*$"0-)('*$"+0";8C8"B2+3*0",3*'2)/*"'+"%-'3+$"
%+0*3+$"'+"Tl"-7*$"5"+."ffv"'+".-$"J*>+0)(/-$"+3-0"'+",-'3+$"'(>*3)(-'*$"*"$+,-3-'*$8"
#0"+."!kkW"$+"+B+)/2-3*0"WWGlll"%-/3(%*0(*$"5"'+"+$/*$"!cGeeW"/+3%(0-3*0"+0"'(>*3)(*G"
'+".*$")2-.+$"eGlll"B2+3*0",*3")*0$+0/(%(+0/*"%2/2*8
"""";*3"*/3-",-3/+"$+")*0*)+"/-%6(&0"12+"%-$"'+".-"%(/-'"'+".*$"'(>*3)(*$"/+3%(0-0"+0"
,.+(/*$"+0".-$")*3/+$"*".*"12+"$+")*0*)+")*%*"L'(>*3)(*$")*0/+0)(*$*$LG"'+".*$"+B+)/*$"'+"
+$/*"F-6.-3+%*$"%-$"-'+.-0/+8"`2(SP$"'+6('*"-"+$/*"+0"!kkW"$+"+%(/(+3*0"-.3+'+'*3"'+"!f"
%(."*3'+0+$"'+",3*/+))(90"F-)(-"%2J+3+$"i"+$/*"5*".*"/3-'2S)*")*%*"*3'+0+$"'+"
,3*/+))(90"F-)(-".-"B-%(.(-"5".*$"F(J*$"+0"@+0+3-."5".-$"$(/2-)(*0+$"12+")*0'2)+0"-"+..*"
/(+0+0"$2$"+B+)/*$",$()*.9@()*$"'+$-$/3*$*$"+0".-"B-%(.(-j8":+".*$"Tll"%(.")-$*$"'+"
,+0$(*0+$"-.(%+0/-3(-$"3+@($/3-'*$G"%-$"'+."fl"v"+$/P0"-/3-$-'*$"+0"$2$",-@*$8"#0".*$"
3+$('+0)(-.+$",R6.()*$"'+.",-4$"+."el"v"'+".*$"0(7*$".*$")34-0"%2J+3+$"$*.-$8";-3-"12+"
)*%,-3+0")*0"#8=8"+0"!kk!"'+"TGcWgGlll"%-/3(%*0(*$"F26*"!G!hlGlll"12+"/+3%(0-3*0"+0"
'(>*3)(*8
""""]"F-6.-0'*"'+".-$"+$)2+.-$",R6.()-$G"+."ce"v"'+".*$"+$/2'(-0/+$"/+3%(0-0")*%*"
'+$+3/*3+$"5"+."glv"$*0":#E#CH_C#E"#<_ND_ZQX#E"i"%+"@2$/-")3+-3"/&3%(0*$"
R/(.+$j"12+"+0/3-0"-".-$"+$)2+.-$",+3*"0*"-$($/+0"-").-$+$"*",+3%-0+)+0"+0".*$",3+'(*$8
""""N*0"+$/+",-0*3-%-"+$/-'4$/()*",*'3P0"(%-@(0-3$+".-"(%,*3/-0)(-")32)(-."'+"+$/+"/+%-"
,-3-"/*'*$".*$",2+3/*33(12+7*$8"]",*'+%*$">+3"$+@23-%+0/+".-$")*0$+)2+0)(-$"
'+$-$/3*$-$"'+".-"'+$/32))(90"'+"+$-"$-@3-'-"(0$/(/2)(90"..-%-'-"KQ<DXDQ8
""""#0"+$/+"-3/4)2.*"0*"F-6.-%*$"$*.*"+0"6-$+"-"+$/-'4$/()-$G")*%*",$(12(-/3-"0*",2+'*"
,-$-3",*3"-./*".-",-3/+").40()-G"3+-.('-'">(>-G")32'-"12+">(>(%*$"-"'(-3(*"+0"02+$/3-"
,3P)/()-",3(>-'-G")2-0'*"-/+0'+%*$"5"'-%*$"/3-/-%(+0/*"-".*$")(+0/*$"'+"0(7*$G"
-'*.+$)+0/+$G",-3+J-$"5"B-%(.(-$"$2%-%+0/+"-B+)/-'*$")*0"/*'*"/(,*"'+"/3-$/*30*$"
+%*)(*0-.+$"-")*0$+)2+0)(-"'+.",3*6.+%-"'+."'(>*3)(*8
""""#.")2-'3*"$(0/*%P/()*"$+"-$+%+J-"%2)F*"-."12+"$+",3*'2)+"'+$,2&$"'+")2-.12(+3"
/3-2%-"$+>+3*"5"12+"$+")*0*)+")*%*"LH3-$/*30*"'+"+$/3+$$",*$/3-2%P/()*LG"+$"+0"/*'*"
+12(,-3-6.+"-"20-",+3'('-"$+>+3-8"#0".-"/-6.-"'+".*$"L+>+0/*$"'*.*3*$*$"'+".-">('-L"'+."
.(63*"'+"K3++'%-0"5"p-,.-0"'+",$(12(-/34-G"+."'(>*3)(*"*)2,-"+."/+3)+3".2@-38
#."(0'(>('2*"+0>2+./*"-/3->(+$-",*3".-$"$(@2(+0/+$"B-$+$^
!dK-$+"'+"0+@-)(90"*".*"12+"+$".*"%($%*G".-"0*"-)+,/-)(90"'+."$2)+$*i$+"+$)2)F-0"B3-$+$"
)*%*"L%-%(/-")2-0'*",-,(/*">-"-"3+@3+$-3L8
TdK-$+"'+"$2,+3d">(@(.-0)(-^"-124"*)233+0".*$"/+%*3+$G"%(+'*$"-"+$/-3"$*.*$G"B*6(-$G"-/+0/*$"
-")2-.12(+3"%*>(%(+0/*"'+".-"%-'3+"*"'+.",-'3+8
WdH3-$/*30*$"'+."$2+7*"5",+$-'(..-$
cd;+0$-%(+0/*$"(0/32$*$^"$*0",+0$-%(+0/*$"'+"/(,*"3+,+/(/(>*"-)+3)-"'+."$2)+$*"*"/3-2%-"
'+."'(>*3)(*"12+".-",+3$*0-"0*",2+'+"$-)-3"'+"$2"%+0/+"-2012+".*"(0/+0/-8
fd"E+0/(%(+0/*$"@+0+3-.+$"'+"'+$*3@-0(S-)(90"'+"$2">('-i".-",+3$*0-"$+"$(+0/+"
,3+$(*0-'-j8
gdX-"B-$+"'+"M+0+3-.(S-)(90"'+."+>+0/*^"-.@20-$",+3$*0-$",2+'+0",+0$-3"12+".*"%($%*".+"
>-"-"*)233(3"*/3-"5"*/3-">+SG",(+3'+0".-"+$,+3-0S-"5".-"B+"+0".-"(0$/(/2)(90"12+"3+,3+$+0/-".-"
B-%(.(-8
hdN2-'3*$"'+,3+$(>*$^")*%*".*$"12+"$+"'+$)3(6+0"+0")2-.12(+3"/+Y/*"$*63+".-"'+,3+$(908
edK-$+"'+"$*%-/(S-)(90^".*$"0(7*$",2+'+0"'+$-33*..-3"+0B+3%+'-'+$"*"$40/*%-$"'+"
+0B+3%+'-'+$"12+"+.",+'(-/3-"0*",-3+)+"+0)*0/3-3G"*"12+"$+0)(..-%+0/+"0*"
+Y($/+0i/-%6(&0".*$"-'2./*$",2+'+0",-$-3",*3"+$/-"B-$+j8
 fW

kdQ)/(/2'+$"*")*0'2)/-$"3+,+/(/(>-$G".*"12+"$+")*%*")+")*%*"L*6$+$(>*"d")*%,2.$(>-$8"
LX->-3$+".-$"%-0*$"3+,+/('-$">+)+$G"F-.-3$+"+.",+.*G"/()$"0+3>(*$*$L8
!ld:+/+3(*3*"$(@0(B()-/(>*"*"@3-'2-."+0"+."B20)(*0-%(+0/*"-)-'&%()*"+0".*$"0(7*$"5"
'+/+3(*3*"*"(0)-,-)('-'",-3-"B20)(*0-3"+0"+."/3-6-J*"+0"+.")-$*"'+".*$"-'2./*$8
!!dQ($.-%(+0/*G">+3@x+0S-"*"6*)F*30*"B3+0/+"-".-$",3+@20/-$"'+"$2$")*%,-7+3*$"'+").-$+"
*"'+"/3-6-J*8
!Td:($%(02)(90"+0".-")-,-)('-'",-3-"/*%-3"'+)($(*0+$"-'+)2-'-$"5"$+0)(..-$".-$")2-.+$"
-0/+3(*3"-."/3-2%-"'+."'(>*3)(*"0*".+"3+,3+$+0/-6-0"0(0@R0",3*6.+%-8
!Wd"K-$+"'+"KQZHQEDQ":#"C#=ZDKDNQND_Z"+0".*$"0(7*$"5"/-%6(&0"+0"-.@20*"'+".*$"
-'2./*$8"#$/-$"B-0/-$4-$",3+>-.+)+0"'+"%-0+3-"(0)*0$)(+0/+"+0".*$"0(7*$"5"+$/*$"3+)233+0"
%2)F-$">+)+$"-")*0'2)/-$"'(>+3$-$i)*%*"+0B+3%-3$+j")*0"/-."'+">+3"-".*$",-'3+$"J20/*$"
'+"02+>*8"Q124"$+"'+6+"%-0/+0+3"-."0(7*".*"%-$")+3)-0*"-".-"3+-.('-'"5"0*"+0@-7-3.*$"*"
62$)-3"-52'-",3*B+$(*0-.8
;2+'+"*)233(3"+.")-$*"'+"12+"$+",3*'2S)-0"'+,3+$(*0+$"$+>+3-$"'+".-"0(7+S"*".-"
-'*.+$)+0)(-"5"'+,3+$(*0+$"$+>+3-$"+0".*$"-'2./*$"12+"-"$2">+S"-@3->-0".-"'+".*$"%+0*3+$8"
X*$"-62+.*$"'+"-%6*$".-'*$",2+'+0"/-%6(&0"'+,3(%(3$+"5"-B+)/-3"-"/*'-".-"B-%(.(-"
+0>2+./-"+0"+.",3*)+$*G"+$,+)(-.%+0/+"$("+$/P0",3+$+0/+$"'+"B*3%-"(0'+6('-"5"$(0"
*3(+0/-)(90"+0"/*'*"+.",3*)+$*8

Q5/0+%'./."1%'%'N/N"1/'+,)/./$,M,0777

'''"E+",3*'2)+"20"$+0/(%(+0/*"'+"-6-0'*0*"/-0"'+$-$/3*$*G"12+")2-0'*"+."0(7*")3+)+")*0"
+$/+"$+0/(%(+0/*",3+@20/P0'*$+")*0$/-0/+%+0/+"L'*0'+"+$/-"*",*312+",-,("*"%-%("0*"%+"
62$)-888L",2+'+".-0S-3"-".-"%-5*34-"'+"+..*$"+0")3($($"$+>+3-$"'+"/*'*"/(,*")*%*".*"$*0^"
)3($($"$+>+3-$"'+"'+,3+$(90"*")3($($"'+"('+0/('-'"+$,+)(-.%+0/+"+0".-"-'*.+$)+0)(-8"X-"B-./-"
'+"20-"B(@23-",-/+30-"*"%-/+30-")*0$/-0/+G"-'+)2-'-"5"+$/-6.+G"/(+0+"20-$")*0$+)2+0)(-$"
0+@-/(>-$"0+B-$/-$"+0"+."'+$-33*..*"0*3%-."'+."0(7*G"@+0+3-.%+0/+8"#$/+"B+09%+0*"*)233+"
/-%6(&0"+0"F*@-3+$"(0/-)/*$"'*0'+"20*"'+".*$",-'3+$"$+")*0>(+3/+"+0"6+6+'*3G">(>+"20-"
>('-"'+"$*./+3*G"*"$+"'+$.(@-"/*/-.%+0/+"'+"$2$"F(J*$"G"'+'()P0'*$+"-."/3-6-J*G"5"
'+$-/+0'(+0'*"-".*$"F(J*$")*%*"$("+$/*$"0*"+Y($/(+3-08
""""<2)F-$"0(7-$"12+"F-0",-$-'*",*3"+$/*$",3*)+$*$"'+$)3(/*$G"$(0"B(@23-",-/+30-"
-'+)2-'-G",2+'+0".-0S-3$+"-".-"6R$12+'-"/+%,3-0-"'+"+Y,+3(+0)(-$"$+Y2-.+$",3+%-/23-$G"
5"%2)F-$",*3"'+$@3-)(-"/+3%(0-0"+%6-3-S-'-$8"_/3-$"/+3%(0-0">(>(+0'*"20-">('-"+33P/()-"
 fc

5"'+$*3'+0-'-G"*",3+$+0/-0",3*6.+%-$"$+>+3*$"'+")*0'2)/-8"H-%6(&0".*$"-'2./*$"
(0+$)32,2.*$*$",2+'+0"-,3*>+)F-3$+"'+".-"6R$12+'-")*0$/-0/+"+"(0)*0$)(+0/+"'+")-3(7*"
12+"+$/-$"0(7-$"*"0(7*$"$2B3+0"5".-$"2/(.(S-0"G"-6-0'*0P0'*.-$".2+@*8"]-".-$"+$/-'4$/()-$"
12+"%+0)(*0-%*$"F-6.-0",*3"$("$*.-$8"_/3-$"$+")-$-0"-"+'-'+$"/+%,3-0-$")*%*"20-"B*3%-"
'+"+$)-,-3"-".*$"$+0/(%(+0/*$"'+$/32)/(>*$"12+"'+$)*0*)+0"12+"..+>-0")*0$(@*8"X-"
%-5*34-"'+"+$/*$"%-/3(%*0(*$"'+"-'*.+$)+0/+$"B(@23-0"+0".-$"+$/-'4$/()-$"'+".*$"
%-/3(%*0(*$"'(>*3)(-'*$G"'+"%-./3-/*"*"'+"%-'3+$"$*./+3-$8"#$/*"5*".*")*0$('+3*"20"
,3*6.+%-"@3->+G"'+$-$/3*$*"5"-.")2-."/+0+%*$"12+"'-3.+"-/+0)(90"/3-6-J-0'*"+0"+12(,*8

_`5,'Y/M,$'./$/'=5,'0%'),'1,$N"0,',-'4N%$3
U,)1/',)'50/'.,=5,c/'$,M,1/;'0%'M%0)1"15*,'50/')%-5M"\0'NJR"M/;'0"'.$,1,0+,'/R%1/$'
1%+%)'-%)'$,M5$)%)W

!d"Z*"%(+0/-$^"(0/+0/-"+0"/*'*"%*%+0/*".-"$(0)+3('-'"'+"/2$"$+0/(%(+0/*$G"+Y,3&$-.*$"'+"
20-"B*3%-"$2->+G"'2.)+"5"-$+3/(>-G",+3*"0*"/+".*$"@2-3'+$8"Z*"-)2%2.+$"+0".-"L_..-"'+"
;3+$(90L8"i\+3"X-"M3-0"\+0/-0-j8
Td"N*%20()-)(90"+B+)/(>-^"D%,.()-",3(%+3*"12+"0-'-"+."$-6+3"+$)*@+3"+."%*%+0/*"
-'+)2-'*",-3-"F-6.-38"#$",3*F(6(/(>*"+Y,3+$-3"$+0/(%(+0/*$"B2+3/+$"-".-",-3+J-G"-)-6-0'*"
'+"..+@-3"'+."/3-6-J*G"+."*"+..-8"#$"(%,*3/-0/+"'-3$+"+$,-)(*G".*"12+"5*"..-%*"L/(+%,*"
,+3$*0-.LG"12+">-34-"'+",+3$*0-"-",+3$*0-8"N*%20()-)(90"+B+)/(>-"(%,.()-",*3"(@2-."i6(+0"
(%,*3/-0/+j"$-6+3"+$)2)F-3G"0*"$*.*".*"12+"/+"'()+0"'(3+)/-%+0/+G",+3*".*"12+"/+"'()+0"
/-%6(&0"+0/3+".40+-$8
Wd":+'4)-.+"/(+%,*"-"/2",-3+J-^"-,3+0'+"-"'($/3(62(3"+."/(+%,*".(63+G"$("0*".*"/(+0+$G"
)3&-.*G"3+)2+3'-".*$")-$*$"-0/+3(*3+$"5",*312+"B3-)-$-3*08"#$"(%,*3/-0/+"$-6+3"12+"
 ff

+Y($/+0"%2)F*$"/(+%,*$"6P$()*$["+."/(+%,*"'+"B-%(.(-G"+."/(+%,*"'+",-'3+"d"F(J*G"'+",-'3+"
d"F(J-G"'+"%-'3+"d"F(J*G"'+"%-'3+"d"F(J-G"5"0*"%+0*$"(%,*3/-0/+"#X"HD#<;_":#";QC#AQG"
/-%6(&0G"+."/(+%,*"'+"+$,*$-"5"$2"@32,*"'+"-,*5*G"5"+."/(+%,*"'+."+$,*$*"5"$2"@32,*"'+"
-,*5*8"]"0*"*.>('+%*$"12+"/*'*$"0+)+$(/-%*$"/(+%,*",+3$*0-.G",-3-"'+'()-30*$"-"
0*$*/3*$"%($%*$8
cd"E(+%,3+"'+J-"$-6+3"'*0'+"+$/-$^"+$/*"+$">P.('*",-3-"/*'*"%(+%63*"'+".-"B-%(.(-G"0*"
$(@0(B()-"$+3"%+0*$"%-'23*G"%+0*$"F*%63+G"0("%+0*$"%2J+3G"+."12+".+"'+J+$"$-6+3"-"/2$"
$+3+$"12+3('*$"'+"/2",-3-'+3*8"C+)2+3'-"12+".*"12+".*$"20+"-"/*'*$"$*0".-S*$"'+"Q%*3G"
,*3".*"/-0/*888"+."'+$)*0*)(%(+0/*"/3-+".-",3+*)2,-)(90",*3"/(G"5"-".-".-3@-"/+"/3-+3P"
,3*6.+%-$8"E("-%-$"-".*$"/25*$G"0*"'+6+$",3+*)2,-3.*$"5",20/*G"$(".*$",3+*)2,-$"+$"
,*312+"0*".*$"-%-$"*"0*"/+"(%,*3/-0".*"$2B()(+0/+8"Q$4"+$"12+"/+")*%(+0S-0"-"'+J-3"'+"
-%-38
fd"<-0/&0"20"@32,*"'+"-,*5*"$-.2'-6.+^"#0"%(".(63*"LX-"E-.2'"\($/-"Q"H3->&$"'+".*$"
C+B3-0+$LG"-0-.(S9"-%,.(-%+0/+"20"3+B3P0G"dL'(%+")*0"12(+0"-0'-$"5"/+"'(3&"12(+0"
+3+$Ld"E("/(+0+$"20"@32,*"'+"-%(@*$"12+"'+"3+@3+$*"-")-$-"'+."/3-6-J*"$+"'+/(+0+0"-"
/*%-3$+")*%*"$(+%,3+"'()+0"L"'*$"*"/3+$")+3>+S-$LG"/+".*"-$+@23*G"-".-".-3@-"/+"/3-+3P"
,3*6.+%-$"5")*%+0S-3P0"-"'+J-3"'+"-%-3/+8"X*"%($%*"*)233+")*0".-"%2J+3G"$("/+"20+$"-"20"
@32,*"'+"%2J+3+$"12+"/(+0+0"('+-$".(6+3/(0-$G"12+",-3-"+..-$".-"(0B('+.('-'"+$")*$-"'+"
32/(0-i)*%*"F-5"%2)F-$jG"-".-".-3@-"/+")*0/-@(-3P$"5")*%+0S-3P$"-")-%6(-3G"5"/-%6(&0"
)*%+0S-3P0"-"'+J-3"'+"-%-3/+8
gd"X-"B+)F-$^".*$")2%,.+-7*$G".*$"-0(>+3$-3(*$G"/*'-"B+)F-"+$"(%,*3/-0/+8";+3*"-R0"$(0"
B+)F-$G".*$"'+/-..+$8"g'!/)'9-%$,)h'L/01,0',-'P5,R%'+,-'4L^O'
aQ"12+"%2J+3"0*".+"@2$/-0b"X*$",+12+7*$"*6$+12(*$G3",+12+7*$"12+"$+-$G"++03(12+)+0"+."
Q%*38"H#"Q<QCQZ"<QE8
hd"X-$"..+@-'-$"/-3'+$^"Z20)-".*"F-@-$"$(0"J2$/(B()-)(90").-3-G"020)-"/+"'+$-,-3+S)-$"5"
..+@2+$"'+"%-'32@-'-G"-"%+0*$"12+"$+-"20"-$20/*"+Y/3+%-'-%+0/+").-3*"5")*%,3+0$(6.+G"
+$/-"+$"20-"'+".-$"12+J-$"5")-2$-$"%-$")*%20+$"'+".-$",-3+J-$"12+"'+J-0"'+"-%-3$+8"]"'+"
.-$"12+">(+0+0"-"%("*B()(0-"-",3+,-3-3".*$"F(J*$",-3-"+."'(>*3)(*8
ed"N*0B(-0S-^")*0B4-"F-$/-"+."B(0-.G"0*"-)2$+$"$(0",32+6-$G"0*"(0$2./+$"$*.*",*3"
'+$)*0B(-0S-G")+.*$"*"(0$+@23('-'+$"/25-$8"#$/-"+$".-"B*3%-"%-$"3P,('-"5">+.*S"12+"
,2+'+$")*0$+@2(3",-3-"12+"/+"'+J+0"'+"-%-3G",+3*"3P,('-%+0/+8"X-"'+$)*0B(-0S-"'+$/325+"
20-",-3+J-"+0")*$-"'+"%+$+$8"E("'+$)*0B4-$"%+J*3"$+,P3-/+G",+3*"0*"$*%+/-$"-"0-'(+"-".-"
/*3/23-"'+".-$"-)2$-)(*0+$"5".-"'+$)*0B(-0S-G"$(0"0(0@20-"3-S90">P.('-8"]"*/3-")*$-G"
-,3+0'+"-"-)+,/-3"3-S*0+$G",*3"(0>+3*$4%(.+$"12+"/+",-3+S)-0G"-"%+0*$"12+",2+'-$",3*6-3"
.*"12+"(%,.()-$")*0/20'+0/+%+0/+8"C+)2+3'-"$("/2",-3+J-"0*"/+"-%-G"0*"/(+0+",*3"12+"+$/-3"
)*0/(@*G"/-3'+"*"/+%,3-0*"/+".*"'(3PG"*"$+"$-63P8"Z*"/+"-%-3@2+$".-">('-")*0")+.*$"
(0B20'-'*$G"$("$+".-"-%-3@2+$"-"/2",-3+J-8
kd"X*$"I++,+3$"5".*")+.2.-3+$^".*$"%-.'(/*$"6++,+3$"5"/+.&B*0*$")+.2.-3+$G"$*0"20*"'+".*$"
@3-0'+$")-2$-0/+$"'+"'(>*3)(*"'+"02+$/3-"&,*)-8"Z*".+"'+$"(%,*3/-0)(-"-"%+0$-J+$"12+"
>(+0+0",*3"*0'-$"+0"+."-(3+G"5"12+",2+'+"+0>(-3")2-.12(+3-G",*3"+12(>*)-)(90"i"-F*3-"
'(3+)/-%+0/+"'+".-$")*%,2/-'*3-$j"G"5"12+"-".-".-3@-"0*"$(@0(B()-0"0-'-"8"UQ.@2(+0"12+"
/-.>+S".+"(0/+3+$-"/2"%-3('*"*"/2"+$,*$-"5"/+"12(+3+")*%+0S-3"-")3+-3",3*6.+%-$V"a`2+"
-6$23'*",3+$/-3.+"-/+0)(90"-"+$-")*$-$"/3(>(-.+$b"Q$4"/+",2+'+0"B*3S-3"-"12+")*%(+0)+$"-"
'+J-3"'+"-%-38
!ld"#."NF($%+^"+Y($/+0"$+3+$"F2%-0*$"12+">(>+0"'+"+$*G"12+"0*"/(+0+0"*/3-")*$-"12+"
F-)+3"12+"%*.+$/-3"-".*$"'+%P$"12+">+0"6-$/-0/+"B+.()+$G"5"$+"'+'()-0"-"/(+%,*")*%,.+/*"
 fg

-".-0S-3"32%*3+$"0+@-/(>*$"$*63+".*$"'+%P$8"#$,+)(-.%+0/+"$("+$/P0".(@-'*$"
+%*)(*0-.%+0/+"-".-",+3$*0-"'+"-.@20-"%-0+3-"iJ+B+$G"+%,.+-'*$G"$+)3+/-34-$G"$2+@3*$G"
-%($/-'+$"+0*J-'-$G".-",*.4/()-G".*$")+.*$G"+/)8j8";+3*".*"%P$"(%,*3/-0/+G"0*"/+"'+J+$"
+0>*.>+3"+0"+$/*$")F($%+$"'+"6-33(*">2.@-3+$"5"6-3-/*$G"12+"'+$/325+0">('-$"5"
3+,2/-)(*0+$"'+",+3$*0-$"62+0-$G"+$,+)(-.%+0/+"$("$*0")*0*)('-$"*"B-%*$-$8"D@0*3-"*"
)*%+0S-3P0"-"'+J-3"'+"-%-3/+8"C+)2+3'-"+."3+B3P0"12+"'()+^"LQ."P36*."12+"3(0'+"B32/*$"
/*'*"+."%20'*".+"/(3-",(+'3-$L8"#$+"P36*.",*'34-"$+"/2"+$,*$*"*"+$,*$-G"/2"F(J*"*"/2"F(J-8
!!d"N2-0'*"..+@2+$"-")-$-^",-3/()(,-"'+".-$"-)/(>('-'+$"'+."F*@-3G"'+".-"B-%(.(-G"0*"/+"
,+@2+$"-."/+.+>($*3"-">+3"0*>+.-$"*",3*@3-%-$G"+."12+"$+-G")*0"'*$")+3>+S-$"+0".-"%-0*"
i>2+.>+"-/3P$"5"3+,-$-"$*63+"+."-.)*F*.j8"E-)-"20-"F*3-"'(-3(-",-3-"F-6.-3")*0"/2"+$,*$-"G"
/2$"F(J*$G"+/)8";+3*"62$)-".-"F*3-"-'+)2-'-G")*%*"5-"'(J(%*$8"Q52'-"-"/2",-3+J-")*0"$2$"
/-3+-$G"+$,+)(-.%+0/+"$("-%6*$"/3-6-J-08"E+3P$"%25"-%-'*"*"-%-'-G"$(".*"F-)+$8
!Td"X*"$+Y2-.^"%25"(%,*3/-0/+"+0".-",-3+J-"+$"20-"'+".-$"12+J-$"%-$"B3+)2+0/+$"'+".-$"
,+3$*0-$"12+">(+0+0")*0"'+,3+$(*0+$"$+>+3-$G"$+"12+J-0"'+"12+"$+"$(+0/+0"$*.*$G"'+"12+"$2"
,-3+J-".*$"-6-0'*09"F-)+"%+$+$"*"-7*$"+0"+."-$,+)/*"$+Y2-.8"E("/(+0+$",3*6.+%-$"+0"+$/-"
P3+-G"62$)-"-52'-"8"Z*"F-5"0-'-"12+",*0@-"-".-",-3+J-"%-$",-3-0*()-"5"12+".+"F-@-"
,+0$-3"%-$"3P,('-%+0/+"+0"(0B('+.('-'"iL:38")3+*"12+"/(+0+"*/3-"2"*/3*Lj"12+"+."F+)F*"'+"
$+0/(3$+"-6-0'*0-'-"$+Y2-.%+0/+8"#0"%2)F-$"*)-$(*0+$"+$"20"$+0/(%(+0/*"(0B20'-'*G"
,+3*"$23@+"+0".-"%+0/+"3P,('-%+0/+G"+$,+)(-.%+0/+"$("/*'-$".-$")*0'2)/-$"12+"$+"F-"
%+0)(*0-'*"-0/+3(*3%+0/+"+$/P0"*)233(+0'*"0+@-/(>-%+0/+8"a#0/*0)+$"+$")2+$/(90"'+"
J20/-3.*"/*'*"5"5-b
!Wd"I2$)-"-52'-^"aI2$)-"-52'-b"Q,3+0'+"-"3+)*0*)+3")2-0'*"F-5"'(B()2./-'+$"5"62$)-"
-52'-"'+"20",3*B+$(*0-."'+".-"$-.2'"%+0/-.G"6(+0"+0/3+0-'*G"12+",2+'-"-52'-3/+8"Z*"
/*%+$"'+)($(*0+$",3+)(,(/-'-%+0/+G"-%+0*$"12+"+$/&"*)233(+0'*"-.@R0"/(,*"'+"%-./3-/*"
(0/*.+3-6.+8"Z*"-6-0'*0+$"/2"F*@-3",*3")2-.12(+3"/*0/+34-8"]"'+0/3*"'+".-$"-52'-$".-"
Q]=:Q"#E;DCDH=QX"+$"'+".-$"%P$"(%,*3/-0/+$8
!cd"X*"+$,(3(/2-.^"I2$)-"'+":(*$G"-$($/+"-"/2"(@.+$(-",3+B+3('-"'+$'+"+."(0()(*"'+"/2"
%-/3(%*0(*G")*0"/2"B-%(.(-G".-"(@.+$(-"20+G"-,*5-"5"+'(B()-"+."+$,43(/2"5"+."Q%*3"B-%(.(-38
!f^"N*%,-3/+^"R0+/+"-"@32,*$G"-52'-"+0"/2")*%20('-'G"+0$+7-"-"/2$"F(J*$G"$-."'+"/2")-$-G"
0*"/+"+0)(+33+$"+0/3+")2-/3*",-3+'+$G"0("+0)(+33+$"-"/2",-3+J-8"#."0*"F-)+3.*"+$"*/3-"B*3%-"
3P,('-",-3-"12+"/+"'+J+0"'+"-%-38
!gd"X-"%P$"(%,*3/-0/+^"=$/+'+$"5"$*.-%+0/+"2$/+'+$"$*0".*$"'2+7*$"5"$+7*3+$"'+"$2"
F*@-3G"0*",+3%(/-0"12+"0-'(+G"0("B-%(.(-3+$G"0("-%($/-'+$G">+0@-0"-"(0/3*'2)(3"$2"
,+3B2%-'-"0-3(S"+0"$2$"-$20/*$"%-/3(%*0(-.+$8"\D\QZ"#Z"E=";C_;DQ"NQEQ8"aZ*"$+"
.+$"*)233-")-$-3$+"+"(3$+"-">(>(3"-")-$-"'+".*$"$2+@3*$b"Z*"(%,*3/-"12+"$+-0".*$"%+J*3+$"
'+."%20'*G"$(+%,3+G"-".-".-3@-"/+"/3-+3P0",3*6.+%-$8"L#."12+"$+")-$-",-3-"$2")-$-L8"Z*"
-)+,/+0"3+@-.*$")*%*^"$*.-3+$G"-,-3/-%+0/*$"+0".*$"-./*$"*"6-J*$G"/+33+0*$"+/)888")+3)-"'+"
$2$"B-%(.(-3+$8"H+3%(0-3P0G".-"%-5*34-"-0/+"-."J2+S"'+"02+>*G"5"%-$"-20G"$("0*"F-5"
+$)3(/23-$8
""""I2+0*"F-$/-"-124"+$/-".($/-G"12+"-2012+")*3/-G"+$/P0"(0).2('-$"+0"+..-".-"%-5*34-"'+".-$"
$(/2-)(*0+$"12+"$+"'-0"+0".-">('-"3+-."-124"+0"02+$/3*"12+3('*",.-0+/-"H(+33-G"0*"+0"\+02$"
G"0*"+0"<-3/+G"0("+0"=3-0*8"E("0*"12+"/-.>+S"-".-">2+./-"'+"/2"+$12(0-"*"+0"/2",3*,(-")-$-8
""""]"3+)2+3'+0"L'T-'4N%$'0%',)'1/0')%-%'./$/'-%)'1",N.%)'+,'/-,R$[/;'K/-,'N5MY%'N/)'
,0'-%)'1",N.%)'+,'1$")1,]/l7
Q$4"12+"5-"$-6+$"%-$"*"%+0*$^"l'("',$,)'+,-'.-/0,1/'2",$$/;'.%$=5,'1,'+,a/$%0'+,'
/N/$l7'Ue,$'k-1"N/'.JR"0/W7
 fh

!/'4$N%0[/',0'-/'M%N50"M/M"\0

U'!/'6%M1$"0/'(,M$,1/'M%0%M"+/')%-%'.%$'-%)'"0"M"/+%);'6"#/0R'>+/0':%-+'("-K,$'
L/$1"/-'4$1)'L/)1,$);'M%01",0,',)1%)'.$"0M"."%)'=5,'1",0,0'N/)'+,'HG'N"-'/c%)'+,'
,j")1,0M"/W

!d#Y($/+0"$(+%,3+"'*$"B2+3S-$"+0".-")*%20()-)(90G"-%6-$"(0/+0/-0"3*%,+3"+."6-.-0)+"-"$2"
B->*3G"(0/+0/-"62$)-3".-"-3%*04-G"$+"B.+Y(6.+G")+'+G"-3%*0(S-8
TdE("12(+3+$")*%,3+0'+3G"'+6+$"+$)2)F-3G")-..-"5"+$)2)F-G".2+@*"F-6.-"iF*5"'4-"'+)(%*$^"
0*"F-@-$")-0/-.+/-$j8
WdZ*"/+"%2+$/3+$"-2/*3(/-3(*G"0*"/+"3+-B(3%+$")*0"-2/*3('-'G"+$/*"3*%,+"+."6-.-0)+"5"
'+%2+$/3-"12+"0*"12(+3+$"+$)2)F-38"E*.*"/(+0+$"(0/+3&$"+0"12+"/+"+$)2)F+08
cd#."A2+S^"Z*"/+")*0>(+3/-$"+0"J2+SG"+$)2)F-"$(0",-$-3"J2()(*G"+$/*"+$">-.('*"+0")2-.12(+3"
-$,+)/*"'+".-">('-8
fdD0/+332,/*3^"E+"B-)(.(/-'*3"0*"(0/+332,/*3G"$("0*"'+J-$"12+".-"*/3-",-3/+"/+3%(0+"$2"
,.-0/+-%(+0/*G"$+"/+3%(0-".-"-3%*04-"5".-")*%20()-)(90"$+")*0>(+3/+"+0"20"%*09.*@*8
gdE(/2-/+"+0"+.".2@-3"'+."*/3*^"+$/*"+$"%25",*$(/(>*G"$("(0/+0/-$")*%,3+0'+3")*%*".-"*/3-"
,-3/+"$+"$(+0/+G",+3*"@+02(0-%+0/+G">+3"$("+$/P"/3($/+G"'+,3+$(>-G")*0")*3-J+G"-.+@3+G")+.*$-8"
+/)8"+$/*"-52'-G"$("+$)2)F-$"5"'+J-$"12+".*$"$+0/(%(+0/*$"'+."*/3*"B.25-08
hd<-0/+0"+."6-.-0)+"'+."/+%-^"0*")-%6(+$"'+"20"/+%-"-"*/3*"$(0"F-6+3")*0).2('*"+."
-0/+3(*3"5"3+$2+./*".*$"$+0/(%(+0/*$"+0>2+./*$G"'+".*")*0/3-3(*"+."3+$2./-'*"+$"12+"0*"$+"
F-0"+$)2)F-'*"5">2+.>+0"-"N#C_8
 fe

ed":-.+"+$,-)(*^"$("0*/-$"12+".-")*%20()-)(90",+3'(9"+."6-.-0)+"/*/-.G"$-."-")-%(0-3G"
-.&J-/+"5",('+"/(+%,*G"F-S.*")*0"'+.()-'+S-"5"0*")*0"632$12+'-'"*")*3-J+8"E*63+"/*'*"
6TI4'`ZT'T!'4:Z4'P!Zi4"5"B.25+")*0"+..-G"0*"/+")*0>(+3/-$"+0",-3+'G",*312+"/+"
/2%6-3P8

P>@

#0>(-3",3+@20/-$"5"$2@+3+0)(-$""-^"
w(.B3+'*"M8"E-0/-G"<8:
;8_8"I*Y"eklhG"N-@2-$G";C"llhTg
q$-0/-%'y@%-(.8)*%""