3
.*+(1#$!0):#..#$!/#!,#%2$!#,!.&!7&'-&L-.-,0!/#$!2&'&%9,'#$!,*2*('&2:-#3!/04*'%&,-*+3!+-7#&1!/#!.&!%#'3!4.15!
$0/-%#+,&-'#6!8#$!L&$#$!/#!/*++0#$!+#!2#17#+,!V,'#!>1=-+/1$,'-#..#!$1'!/#$!'0(-*+$! Q!%&,1'#$!S! GW*.4#!/#!
W1-+0#3!J1$,'&.-#FH!*Y!.#!,'&7&-.!/#!>1&+,-4-)&,-*+!/#$!4.15!'#$,#!)#2#+/&+,!#+)*'#!<!'0&.-$#'6!
!
• 08GP;D;B<=!P;L<EHCGK!@;=!DCL>;=!R!!
"#$!%&'(#$!2&$$-7#$!$*+,!).&$$->1#%#+,!71#$!)*%%#!1+!0.0%#+,!(0*/?+&%->1#!$-%2.#!$1L-$$&+,!1+#!
$1L$-/#+)#!2'*7*>10#!2&'!1+!'00>1-.-L'&(#!)*+$0)1,-4!<).&!'12,1'#!)*+,-+#+,&.#6!e'3!.#$!2'*)#$$1$!<!.f*'-(-+#!/#!
/02.&)#%#+,$!7#',-)&15!$*+,!2.1$!+*%L'#15!/#21-$!/#$!2'*)#$$1$!#5,#'+#$!G0'*$-*+\&.,0'&,-*+3!).-%&,H!!
%*/-4-&+,!.&!):&'(#!.*)&.#!E1$>1f<!/#$!2'*)#$$1$!2'*4*+/$!G/?+&%->1#!%&+,#..->1#H6!8:&)1+!2'0$#+,#!/#$!
)&'&),0'-$,->1#$!,#%2*'#..#$!#,!$2&,-&.#$!>1-!.1-!$*+,!2'*2'#$6!J-+$-3!-.$!2#17#+,!/1'#'! >1#.>1#$!$#)*+/#$!
G$0-$%#$H! <! 2.1$-#1'$!/-X&-+#$!/#!K&!G'00>1-.-L'&(#!,:#'%->1#H3!&44#),#'!1+#!X*+#!/#!>1#.>1#$!/-X&-+#$!/#!
%9,'#$!G$0-$%#$H!<!2.1$-#1'$!%-..-#'$!/#!R-.*%9,'#$!G/?+&%->1#!%&+,#..->1#H!2*1'!1+#!&%2.-,1/#!/1!)#+,-%9,'#!
G%&'0#$H!&1!R-.*%9,'#!G-+7#'$-*+!/#!%&'(#$H6!Z.!#$,!/*+)!4*+/&%#+,&.!/#!/0)*+7*.1#'!.#!$-(+&.!/#!/04*'%&,-*+!
&4-+!/#!>1&+,-4-#'!.&!2&',!'#.&,-7#!/#$!/-440'#+,$!2'*)#$$1$!-%2.->10$M!)#15!2'0$#+,$!$1'!,*1,#$!.#$!%&'(#$!>1-!
)*''#$2*+/#+,!<!.f07*.1,-*+!-%2.-)-,#!/f1+#!%&'(#!G'0&E1$,#%#+,!,:#'%->1#3!$1L$-/#+)#!-+/1-,#!2&'!.&!):&'(#!
$0/-%#+,&-'#3!12.-4,!.-0! <! .f0'*$-*+!/#!.&!2&',-#!&%*+,3!,*2*('&2:-#!/?+&%->1#H3!/#!)#15!2.1$!'0(-*+&15!
G,#),*+->1#!.*)&.#3!%&(%&,-$%#3!2*-+,!):&1/3!'#L*+/!(.&)-&-'#FH6!8*%2,#I,#+1!/#$!/04*'%&,-*+$!&,,#+/1#$3!-.!
#$,!-%20'&,-4!/#!,'*17#'!/#$!%&'>1#1'$!#,!/#$!2'*5?$!/#!)#,,#!/04*'%&,-*+!&1$$-!L-#+!<!,#''#3!>1f#+!%#'!#,!/#!
.#$!/&,#'!2'0)-$0%#+,6!Z.! ?! &! .<! 1+!70'-,&L.#!/04-!%0,:*/*.*(->1#!+*,&%%#+,!2*1'!0,&L.-'!1+!%*/9.#!07*.1,-4!
/#21-$!.&!2&',-#!&%*+,!/1!$?$,9%#!#+!0'*$-*+!<!.&!2&',-#!&7&.!#+!/02U,6!"&!%*/0.-$&,-*+!+1%0'->1#!$f&221?&+,!
$1'!/#$!/*++0#$!/#!,#''&-+!/#7-#+,!1+!*1,-.!-+)*+,*1'+&L.#!2*1'!4-5#'!.&!(&%%#!/#$!2*$$-L.#$!/#$!2'*)#$$1$!#,!
2'*2*$#'!/#$!)*''0.&,-*+$!#+,'#!.#$!/-440'#+,$!/*%&-+#$!/1!$?$,9%#6!!!
"#$!-%2.-)&,-*+$!/#!)#,!&5#!/02&$$#+,!.&'(#%#+,!.#!)&/'#!,#),*+->1#!#,!(0*/?+&%->1#! M! #+!#44#,!)#$!
%*17#%#+,$!)*+,'U.#+,!.&'(#%#+,!AH!.#$!,'&+$4#',$!/#!%&,-9'#$!#+!-+4.1&+,!<!.&!4*-$!$1'!.f0'*$-*+!/#$!/*%&-+#$!
0%#'(0$3!.#!$,*)R&(#!#,!.#$!,'&+$-,$!7#'$!.f*)0&+3!gH!.f07*.1,-*+!,:#'%->1#!/1!$?$,9%#!G&))0.0'&,-*+!*1!
'&.#+,-$$#%#+,!/#!.f#+4*1-$$#%#+,3!%&,1'&,-*+!/#!.&!KeFH6!!
!
• ,OCB<E;L!IJGLE@E=HEIJEBCEL;!Q!0$&(,!M!!
!
"#$!%&'(#$!/#!.&!K0/-,#''&+0#!e))-/#+,&.#3!)*+$,-,1#+,!1+!*LE#,!(0*/?+&%->1#!)*:0'#+,!#,!1+->1#3!'0$1%&+,!
/-440'#+,$!$,&/#$!/#!.&!(#+9$#!/#$!%&'(#$!/-7#'(#+,#$!#,!/#!.#1'!/#7#+-'6!"#$!%&'(#$!/1!W*.4#!/1!"-*+3!/#!.&!
c&'/&-(+#3!#,!/#!.&!"-(1'#3!$-,10#!/&+$!1+!)*+,#5,#!/=&''-9'#I&')3!*+,!/#$!(0*%0,'-#$!)'1$,&.#$!)*%2&'&L.#$!#+!
,*1,!2*-+,! <! )#..#$!/#$!%&'(#$!,?2#!/#!.=J,.&+,->1#!M! .&!%&'(#!/1!W*.4#!/1!"-*+!#$,!$#%L.&L.#! <! .&!%&'(#!/1!
W&L*+!`!.&!%&'(#!/#!"-(1'#3!2.1$!&L'12,#3!<!)#..#!/#!)#',&-+#$!%&'(#$!0>1&,*'-&.#$!`!.&!%&'(#!N$,Ic&'/&-(+#!$?+I
%#$$-+-#+!#$,!'0&),-70#`!.#!L&$$-+!/#!h&.#+)#!'#2'0$#+,#!1+!$,&/#!&7*',0`! .&!%&'(#!&.(0'-#++#3!1+!$,&/#!#+!
-+7#'$-*+6!@=&1,'#!2&',3!,*1,#$!)#$!%&'(#$!2&$$-7#$!$*+,!E#1+#$!#,!4*',#%#+,!$1L$-/#+,#$!#,!/*++&+,!.-#1!<!1+!
#+'#(-$,'#%#+,!#5)#2,-*++#.!/#$!2'*)#$$1$!$0/-%#+,&-'#$!>1-!2#'%#,!1+#!&22'*):#!/0,&-..0#!/#$!#44#,$!/#$!
7&'-&,-*+$!).-%&,->1#$!#,!,#),*+->1#$!&1!)*1'$!/#$!iB!/#'+-#'$!%-..-*+$!/=&++0#$!$1'!.#$!4.15!$0/-%#+,&-'#$!/#!.&!
.-(+#!/#!'-7&(#3!&1!2.&,#&1!)*+,-+#+,&.3!$1'!.&!2#+,#3!/&+$!.#$!)&+?*+$!#,!E1$>1=&15!L&$$-+$!2'*4*+/$6!N+4-+3!
.=070+#%#+,!%#$$-+-#+!'#2'0$#+,#!1+!%&'>1#1'!1+->1#!2*1'!.=0,1/#!/#$!,'&+$4#',$!$0/-%#+,&-'#$!#,!.#1'$!
)*+$0>1#+)#$!$1'!.#$!%*17#%#+,$!7#',-)&15!/#$!%&'(#$6!!
• ^1#.!#$,!.#!'U.#!'#$2#),-4! /#!.&!,#),*+->1#!#,!/1!).-%&,!$1'!)#$!4.15!$0/-%#+,&-'#! _! 8#,,#!>1#$,-*+!
'#$,#!.&'(#%#+,!*17#',#!#,!/*++#!.-#1!<!1+#!)*+,'*7#'$#!-+,#+$#!&),1#..#%#+,6!@&+$!.#$!X*+#$!
)&'L*+&,0#$!K0/-,#''&+0#++#$3!-.!)*+7-#+,!/#!/07#.*22#'!/#$!%0,:*/#$!/#!>1&+,-4-)&,-*+! /#$!
2'*)#$$1$!/#!R&'$,-4-)&,-*+3!&4-+!/=-+,0('#'!.&!/-$$*.1,-*+!/#$!)&'L*+&,#$!/&+$!.#$!L-.&+$6!
• ^1#.$!$*+,!.#$!.-#+$!#+,'#!2'*)#$$1$!$12#'4-)-#.$!#,!2'*4*+/$!_! J4-+!/=?!'02*+/'#3!1+!#44*',!,*1,!
2&',-)1.-#'!/*-,!V,'#!2*',0!$1'!.&!>1&+,-4-)&,-*+!/#$!%*17#%#+,$! 7#',-)&15!7-&!.=1,-.-$&,-*+!/#!
%&'>1#1'$!$,'&,-('&2:->1#$!)&',*('&2:-0$!#+!i@!G%#$$-+-#+3!2&.0*I'-7&(#$3!R&'$,$H!#,!.&!2&.0*I
,*2*('&2:-#3!&-+$-!>1#!$1'!.&!/-$)'-%-+&,-*+!/#$!#44#,$!'#.&,-4$!/#!.&!,#),*+->1#!$&.-49'#3!/#!
.=&'(-.*)-+9$#!2&'!'&22*',!<!.&!,#),*+->1#!)'1$,&.#!#,!$1'!.#$!%*/0.-$&,-*+$!G$,'&,-('&2:->1#$3!
.-,:*$2:0'->1#$FH6!
• ^1#..#!#$,!.&!':0*.*(-#!/#!.&!.-,:*$2:9'#!G+&,1'#!/#!.&! )'*1,#3!De83!%&+,#&13!FH!_! ^1#.!#$,!$*+!
)*%2*',#%#+,!.*'$!/#!.&!(#+9$#!/#!.&!%&'(#3!.*'$!/#!$&!'0&),-7&,-*+!#,!.*'$!/#$!,'&+$4#',$!/#!%&$$#!
/1$!<!.=070+#%#+,!!K#$$-+-#+!_!!