!"#$%#"&"'(
<9*!=$%!$#;-.!;%459;!>9*9;!7*!=$%!$#;-.!5?.;!$;!;%459@!AB%!89*!(:%-)9%!;%459!;45:9%!89*!6B!
C7.D7#.!;%45-5*@!<9*!=$%!(6-##9;!C7.D7#.!-!2/!B%! 7*! .9;!=$%!54(;95!$#;-.!)4%9;!6B!9#-;9!6#$5@!E9;!
-5.9D4%9%!(9#)C'#*9#-*!95!(;7%!>45*.9!;%45-5*F!7*!-::9!:G5!D7#.;%45-5*@!E$!89*!(6-##9.9!-!
G2HEI!%4::95!)$%!89*!7669!7*!;%459!J10!*$5*9!7>!G*95!6#G(!:$>6!-!K99:95.95@!E$!89*!D#9)!
(:$.9;!-!:549;!(#G;;9.9!.9;!D%$;@!<9*! =$ %!#-*9!(-.95!*9%59!)-##9!;-#D$*9!6B!C7.D7#.D$595!>95!
=$%!9C;9%!95!;7B%-*!(:$.9(69%-7.9!>-(;9;!=BD9;@!E9%C7%!9%!C7%>B#9;!>9.!>-;!;%45-5*(6%789:;!$;!
C7%D9.%9!>G(:9#G.=7#.95=9.95!>9.!=95D#-:!6B!$;!765B!D9.%9!(;$D-#-;9;!(B!(:$.9%F!D#@$@!)9.!
C7%:9%;!67(-;-759%-5*F!>-5.(:9(@!!
L!C7%D-5.9#(9!>9.!>-;!C7%>B#!=$%!89*!57*#9!.9#>B#(4;5-5*9%!(7>!89*!*9%59!)-#!=$)9!76C?#.;@!
I-5!C'%(;9!.9#>B#(4;5-5*!9%!$;!D#-)9!(;4%:9%9!-!$%>9!7*!%?*F!.$!.-((9!$#;-.!=$%!)4%9;!57*#9!$C!
>-59!()$*9!(-.9%@!<9*!)-#!*9%59!:G559!;$*9!/3!D%9.9!$%>(;%4:5-5*9%!7*!2/!;%-M96!.-6(F!6#G(!
:G559!;$*9!20!%?*D'85-5*9%!>9.!23!:*@!I-5!$5.95!.9#>B#(4;5-5*!9%!$;!CB!(;?%:9;!>-5!M7%9!7*!
D#-)9!D9.%9!;-#!6#$5:9@!<9*!)-#!*9%59!:G559!(;B!-!6#$5:95!-!2F0!>-5G;@!I-5!;%9.89!7*!(-.(;9!
.9#>B#(4;5-5*!9%!$;!CB!(;?%:9;!#B%F!:54!7*!.9!7>:%-5*#-**95.9!>G(:#9%@!<9*!)-#!*9%59!
C7%>-5.(:9!(>9%;95!-!>-;!:54!5B%!89*!G.C'%9%!D95!')9#(9%!6#G(!'*9!>-;!%969;-;-75!>$,!-!
95:9#;9!')9#(9%@!!
)&$*$&+%$,%(-.(/01"&"',203'0-4(
L5.95!>$5!D9*?5.9%!6B!$;!#4**9!9;!;%45-5*(6%7*%$>!9%!.9;!9((95;-9#;!$;!=$)9!95!C?(-7#7*-(:!
D$(-()-.95@!E9%C7%!)-#!89*!(;$%;9!>9.!95!:7%;!*9559>*$5*!$C!57*9;!*%G5.;97%-!7>!>G(:#9%!7*!
;%45-5*@!!
&97%-!
E9!)-*;-*(;9!C?(-7#7*-(:9!(?(;9>9%!$;!54)59!-!C7%D-5.9#(9!>9.!;%45-5*!9%!959%*-(?(;9>9;F!-#;1
;%$5(67%;1:4.95!7*!>G(:#9%59@
2
!!
N5!>G(:9#!9%!9;!7%*$5!.9%!:$5!C7%>-.#9!D9)4*9#(9%!7*!#9)9%9!$%D98.9!)9.!($>>95;%4:5-5*F!
7*(B!:$#.9;!:75;%$:;-75@
/
!E9%!C-5.9(!+!(#$*(!>G(:9#)4)O!P89%;9>G(:#95F!*#$;>G(:G#$;G%!7*!
;)4%(;%-D9;!>G(:G#$;G%@!L!C7%D-5.9#(9!>9.!>G(:9#;%45-5*!9%!;)4%(;%-D9;!>G(:G#$;G%!>9(;!
%9#9)$5;@!E9;!9%!.95!;)4%(;%-D9.9!>G(:G#$;G%!.9%!(:$D9%!D9)4*9#(9!-!:%76695 ! 7*!.9;!9%!.9!
>G(:#9%!)-!(9#)!:$5!(;?%9!)9.!D%G*!$C!59%)9(-*5$#9%@
+
!
Q9.!G.C'%9#(9!$C!>G(:9#;%45-5*!)-#!.9%!:7>>9!9;!6G5:;!=)7%)9.!G.>$;;9#(9!C7%9:7>>9%!7*!
C7%;(4;;9#(9!-::9!9%!>G#-*;@!R7>!;-.#-*9%9!54)5;!G.C'%9%!.95!;)4%(;%-D9.9!>G(:G#$;G%!$%D98.9!
)9.!:75;%$:;-75@!S7%!$;!:G559!$%D98.9!(:$#!>G(:#95!D%G*9!959%*-@!Q9.!'*9;!$%D98.(-5;95(-;9;!
)-#!=7)9.6$%;95!$C!.95!959%*-!.9%!D95?;;9(!.9!C'%(;9!(9:G5.9%!(;$>>9!C%$!(6$#;5-5*95!$C!T&U!
C%$!T&U!#$*%959@!E9%9C;9%!)-#!*#G:7(9(6$#;5-5*95!;$*9!7)9%!(B#9.9(! $;!9;!)-(;!959%*-5-)9$G!
D-D9=7#.9(@!R6$#;5-5*!$C!*#G:7(9!G.95!;-#(;9.9)4%9#(9!$C!-#;!)-#!>9.C'%9!.$559#(9!$C!
$CC$#.((;7CC9%F!=9%-D#$5.;!>4#:9(?%9@!E95!'*9.9!>4#:9(?%9:75M95;%$;-75!-!>G(:#9%59!
D9)-%:9%!95!C7%='89;!UP1)4%.-!*%G5.9;!(?%91D$(91%9$:;-7595F!7*!)-#!>9.C'%9!59.($;!
9CC9:;-)-;9;!9##9%!-5$:;-)-;9;!$C!95!%4::9!95V?>9%@!N5!=4>5-5*!9##9%!(;$5.(5-5*!$C!57*#9!
(69M-C-::9!:9>-(:9!%9$:;-759%!)-#!C'%9!;-#!95!9)95;G9#!D#7:9%-5*!$C!:75;%$:;-75(>9:$5-(>95!
2
!=;;6(OWW-D7*1-.%$9;M@(?(;->9@. : W-5 . 9 ,@6 = 6 X-. Y Z H!
/
!=;;6OWWKKK@.95(;7%9.$5(:9@.:W[%76F\6(?:9\7*\(G5.=9.WRG5.=9.()-.95(:$DW"9##9D-7#7*-\7*\$#>95\=-(;7#7*-W>G(:9#!
/
!=;;6OWWKKK@.95(;7%9.$5(:9@.:W[%76F\6(?:9\7*\(G5.=9.WRG5.=9.()-.95(:$DW"9##9D-7#7*-\7*\$#>95\=-(;7#7*-W>G(:9#!
+
!=;;6OWW59K(@D7.?#$D@.:W$%;-:#9%W]3]1.9;159G%7>G(:G#$9%91(?(;9>!