x U,!0,#0,o!>.4!$]&:0%,>.44,%!+.!2,4:%,!$,!4=7:%'0=!$,!+.!5'71,!>&+.%'4=,!&:!$,!+.!>%'4,!$,!0,%%,8!L#,!5'71,!
>&+.%'4=,!>&44i$,! $,:j!@%&71,4(! $�!+]:#,! ,40!>+:4! +.%*,!<:,!+].:0%,8! L#,!5'71,! .K,7!:#,! >%'4,!$,! 0,%%,!
>&44i$,!$,:j!@%&71,4!>+.0,4!,0!:#,!0%&'4'i2,! @% &71,!%&#$,!>&:%!+.!>%'4,!$,!0,%%,8!S.!@%&71,!+.!>+:4!+.%*,!
,0!+.!0%&'4'i2,!@%&71,!7('0:,#0!$,4! 2,4:% ,4 !$,!4=7:%'0=!'2>&%0.#0,4!K'4.#0!u!K&:4!>%&0=*,%8!?'!K&:4!#,!
>.%K,#,o!>.4!u!'#4=%,%!7&2>+i0,2,#0!+.!>%'4,!$.#4!+.!>%'4,!=+,70%'<:,!2:%.+,(!7�.70,o!K&0%,!=+,70%'7',#!
>&:%!%,2>+.7,%!+.!>%'4,!2:%.+,!&@4&+i0,8!!
x R=@%.#71,o!7,0!.>>.%,'+!$:%.#0!+,4!&%.*,4!&:!+&%4<:]'+!#],40!>.4!:0'+'4=!$:%.#0!:#,!+&#*:,!>=%'&$,8!!
x T0,'*#,o!+].>>.%,'+!$.#4!+,4!+',:j!>%=4,#0.#0!$,4!%'4<:,4!$],j>+&4'&#!,0!+&%4<:,!K&:4!K& / .*,o!,#!.K'!!
x U,!0&:71,o!>.4!+,!7&%$&#!$].+'2,#0.0'&#!+&%4<:,!K&4!2.'#4!4�!2&:'++=,4!,0!#,!0'%,o!>.4!4:%!+,!71.%*,:%!
>&:%!+,!$=@%.#71,%8!!
x S,!7q@+,!$].+'2,#0.0'&#!$&'0!t0%,!2'4!,#!>+.7,!$,!4&%0,!<:,!+]&#!#,!2.%71,!>.4!$,44:4!&:!<:]'+!4&'0!=7%.4=!
>.%0'7:+'i%,2,#0!u!+],#$%&'0!$,!+.!>%'4,(!u!+],#$%&'0!&y!'+!,40!@%.#71=!,0!u!+],#$%&'0!$]&y!'+!4& % 0! $,!+].>>.%,'+8!
x U,!4:%71.%*,o!>.4!+.!>%'4,!=+,70%'<:,8!L0'+'4,o!:#'<:,2,#0!+.!4&:%7,!$].+'2,#0.0'&#!7&22,!'#$'<:=8!!
x U]'#40.++,o!>.4! 7,0!.>>.%,'+! >%i4!$,! 4&:%7,4! $,!71.+,:%! 0,++,4!<:,! $,4!>+.<:,4! =+,70%'<:,4(!7:'4'#'i%,4!&:!
.:0%,4!C2t2,!+,4!.2>+'5'7.0,:%4D8!!
(@=89/DD=1=<9&D?8&ACF:/A=:D/=&
a!+'%,!.K.#0!0&:0,!:0'+'4.0'&#!$]:#!p,:!K'$=&!>.%!K&:4H2t2,!&:!K&0%,!,#5.#08!!
B,%0.'#,4!>,%4&##,4!4�!4:47,>0'@+,4!$,!5.'%,! $,4!7%'4,4!$]=>'+,>4',!&:!$].K&'%!$,4!>,%0,4! $,!7& #47',#7,!u!+.!
K:,!$,!7,%0.'#4!0/>,4!$,!+:2'i%,4!7+'*#&0.#0,4!&:!$]=+=2,#04!5%=<:,#04!$.#4!#&0%,!,#K'%&##,2,#0!<:&0'$',#8!
B,4!>,%4&##,4!4],j>&4,#0!u!$,4!7%'4,4!+&%4<:],++,4!%,*.%$,#0!7,%0.'#,4!'2.*,4!0=+=K'4=,4!&:!+&%4<:],++,4!p&:,#0!
u! 7,%0.'#4! p,:j! K'$=&8! B,4! >1=#&2i#,4! >,:K,#0! .>>.%.•0%,! .+&%4! 2t2,! <:,! +,! 4:p,0! #].! >.4 ! $].#0=7=$,#0!
2=$'7.+!&:!#].!p.2.'4!=0=!7%�=!u!:#,!7%'4,!$]=>'+,>4',8!?'!K&:4H2t2,!&:!: #!2,2@%,!$,!K&0%,!5.2'++,!.K,o!
$=pu!>%=4,#0=! $,4!4/2>0w2,4! +'=4!u!+]=>'+,>4',!C7%'4,! &:!>,%0,!$,! 7/',#7,D!,#! >%=4,#7,!$,! 40'2:+.0'!d!
+:2'#,:4,4! e(! K,:'++,o! 7:+0,%! K&0%,! 2=$, 7'#! .K.#0! 0&:0,! :0'+'4.0'! U&:4! 7,'++! .:j! >.%,#04! $]t0%,!
.00,#0'54! u! +,:%4! ,#5.#04! +&%4<:]'+4! p&:,#0! .K,7! $,4! p,:j! K'$=&8! ?'! K&:4H2t2,! &:! K&0%,! ,#5.#0! >%=4,#0,o! +,4!
4/2>0w2,4!4:'K.#04!\!K,%0'*,(!0%&:@+,!$,!+.!K'4'&#(!7�%.70'&#!$,4!/,:j!&:!$,4!2:47+,4(!>,%0,!$,!7/',#7,(!
0%&:@+,!$,! +]&%',#0.0'&#(! 2&:K,2,#0! '#K&+�.'%,! &:!7&#K:+4'&#(!K,:'++,o! '22=$'.0,2,#0! 7,44,%! $,!p&:,%! ,0!
7:+0,%!:#!2=$,7'#8!!
-%=7.:0'!u!>%,#$%,!$.#4!0&:4!+,4!7.4!>&:%!+]:0'+'4.0'&#!$]:#!p,:!K'$=&!\! !
x U,!K&:4!0,#,o!>.4!0%&>!>%i4!$,!+]=7%.#8!^&:,o!u!@&##,!$'40.#7,!$,!+]=7%.#!$,!0=+=K'4'&#!,0!.:44'!+&'#!<:,!+,!
>,%2,0!+,!7&%$&#!$,!%.77&%$,2,#08!!
x L0'+'4,o!$,!>%=5=%,#7,!+,4!p,:j!K'$=&!4:%!:#!=7%.#!$,!>,0'0,!0.'++,8!cK'0,o!$,!p&:,%!4'!K&:4!t0,4!5.0'*:=!&:!4'!
K&:4!2.#<:,o!$,!4&22,'+8!!
x "44:%,oHK&:4!<:,!K&:4!p&:,o!$.#4!:#,!>'i7,!@',#!=7+.'%=,8!!
x T#!7&:%4!$]:0'+'4.0'&#(!5.'0,4!$,4!>.:4,4!$,!$'j!u!<:'#o,!2'#:0,4!0&:0,4!+,4!1,:% ,4 8!!
)=0W0A7.=&
S,!4/2@&+,!'#$'<:=!'7'!,0!4:%!+].>>.%,'+!4'*#'5',!<:,!+].>>.%,'+!,40!7+.4 4=!7&22,!:#!=<:'>,2,#0!
=+,70%'<:,!&:!=+,70%&#'<:,!,0!<:]'+!#,!$&'0!>.4!t0%,!2'4!.:!%,@:0!.K,7!$].:0%,4!$=71, 04!2=#.*,%4!&:!
7&22,%7'.:j!,#!5'#!$,!K',8!!
S.!$'%,70'K,!RTTT!IJEIMEFMTL!C$'%,70'K,!%,+.0'K,!.:j!$=71,04!$]=<:'>,2,#04!=+,70%'<:,4!,0!
=+,70%&#'<:,4D!.!=0=!'#40.:%=,!>&:%!%,7/7+,%!+,4!.>>.%,'+4!u!+].'$,!$,4!0,71#'<:,4!$,!%=7:>=%.0'&#!,0!$,!
%,7/7+.*,!+,4!>+:4!>,%5&%2.#0,4(!.5'#!$,!2'#'2'4,%!+,4!,55,04!4:%!+],#K'%&##,2,#0(!0%.'0,%!+,4!4:@40.#7,4!
$.#*,%,:4,4!,0!=K'0,%!+,4!$=71.%*,4!$,!>+:4!,#!>+:4!#&2@%,:4,48!!
)89:3-9.:'/.'<3:.'+7',.172'/.'0;+==+,.30'=87,'0.:'72303:+2.7,:'=,3K5:'('
S&%4<:,!K&:4!#]:0'+'4,o!>+:4!+].>>.%,'+(!,#+,K,o!+.!@.00,%',!,0!2,00,oH+.!.:!%,@:0!.'#4'!<:,!+].>>.%,'+!,#!%,4>,70.#0!+,4!
>%&7,44:4!$,!%,7/7+.*,!+&7.:j8!-&:%!$,!>+:4!.2>+,4!'#5&%2.0'(!7�.70,o!+,4!.:0&%'0=4!+&7.+,4!&:!+,!%,K,#$,:%!$,!
+].>>.%,'+8!!
)89:3-9.:'/.'<3:.'+7',.172'/.'0;+==+,.30'=87,'0.:'72303:+2.7,:'=,8E.::3899.0:'('
S,4!:0'+'4.0,:%4!>%&5,44'&##,+4!$&'K,#0!7�.70,%!+,:%4!5&:%#'44,:%4(!K=%'5',%!+,4!7&#$'0'!*=#=%.+,4!$:!7�%. 0!
$].71.0!,0! 4].44:%,%! <:,!7,0! .>>.%,'+! #],40! >.4!2=+.#*=! u! $].:0%,4!$=71,04!7&22,%7'.:j! +&%4! $,!4.! 2'4,! .:!
%,@:0
8!
!