BMv 6(Xv |~ufg]@A7EF2>B6AE9>B6@D8<@4<@4@B6EG;ceYxsuirthjl`[[OLMCHJ>DF:CE9BD8BD8EG;JM>IMACG;IMALPDKOCPRFPRFPRFUVLUVLVWMWXNWXN[\R[\RWXN`aW]^T[\R[\R]^T_`VbaWcbXabXef\fg]hi_gh^hi_pqgopfrqgkj`poexwmsrhlkamlbpoemlbsrhwvlqpfnmcpoenmcrqgkj`qpfnmcmlbmlbhg]gf\edZa`VedZih^fe[_^TXWMZYO_^TPRF>@48:.?A5JL@OQEIMAKOCLPDVXL]]QWWKZYOTSIRSIRVKTXMW[PRVKW[PVZOSWLQUISWKZ[Q^_U_`VXYO]^T`aWhi_klbef\abX`aWef\hi_gh^hi_klbopfrsiqrhpqgtukxyoyzp{|r{|s}~u}~uw}~u|}t|}t{~vx|y|||ywwyz{qwxnmndef\^_UYZPYZPcdZde[Z[QZ[Qef\Y]ROSH[_TZ^S^bWcg\gk`jncpqgopfgh^VZOIMBCGAC7BD8EH9AD5DG8DHMOCNPDHJ>EG;IK?EI=IMAJNBIMALPDQUINRFGK?ILCUYNUYNUVLWXNZ[Q_`V_`VXYOWXN_`VUYN[_T`dYZ^SVZOUYNW[PY]R`dYimbgk`^bWX\Q^_VabY`aX`aXfg^ijade\_`W`dY`dY]aV\`U^bW`dYZ^SRVK[\RTUKPTIKODJNCHL@LNBHJ>@D8FJ>DHB6?C7AE9?C7@D8=A5?C7@D8IMABF:CG;DH?5IJ@DE;>B6;?3<@4BF:@D8HL@CG;CG;@D8BF:PRF]_SMOCLNBKMAHJ>IJ@FHHLAJNCXYOcdZde[_`Vgh^abXYZPKLBDF:CE9DF:AC7BD8FHB6;?3;?3<@4:>27;/59-48,37+37+37+7;/;=179-8:.=?3AC7DF:FHCG;CG;BF:>B6BF:FJ>AF7?C7@D8BF;CGB6;?3AE9@D8CG;?C7CG;@D8JNBBF:CG;HLAJNCSWLY]RQUJOSHNRGnqh{y}~tvvwm|}szxz|}sstjwxnw{px|qqujjnchi_]^TPTIQUJSWLVZOVZORVKQUJTXMQUJPTIOSHLPEOSHPTIHLAGK@KOCEI=EI=EI=RVJSWKTXLPTHPTIOSHMQFLPEKODW[PhlahlaLPEVZOVZOUYN`dYgk`|v{ÿ¾ÿ½ſ~ufg]=>4JKAFG=AE9<@4;?3?C7?C7IMAEI=DHCG;DHHJ>IK?IK?EG;CE9GI=MPAIK?GK?MQERVJMQEKOCPTHPTHSTJNOENOESTJUVLVWMWXNUVLYZPYZPXYOYZP[\RabXih^mlbbcYgh^ij`lmcklbklbnoeij`pqghi_lmcpqgklbklbqrhqrhpqgrsimndjkaklbij`gh^ef\klbmndfg]ef\ef\abXbcYabXdfZ]_SXZNWYMVXLUWKNPDDF:CE9NPDRTHRTHWYM[]Q]_S]_SbdXacWYZPUTJa`V]^TWXNSTJZ[Q[\R[\R]^T\]SYZP^_U^_UWXN]^T^_UabXef\gh^cdZ`aWij`hi_hi_jkalmclmcnoeqrhtukpqgopfuvlz{qwxnxyovvwm{|rz{qv}~twv|}z~}xxvwxnpqgef\]^TXYO[\RabXcdZ^_U]^TbcYde[_`Vef\bcYlmcnoersistjuvlnoeZ[QSTJIJ@@D9CG@4:>28<06:.6:.9=1<@4;?38<037+59-37+59-:>2<>2:<0:<0=?3@B6AC7AC7BD8BD8CE9GI=GK?KOCNRFNRFMQEOSGRVJTXLPTIW[PVZOXYOVWMXYO\]SWXN_`V[\R`aW]aV`dY\`U_cXdh]]aVZ^SY]RX\QX\Q]aV`dY\`UabXef\jkanoepqglmcij`lmcdh]dh]bf[`dY_cX_cX\`UW[PPTINRGOSHTUKQRHMQEJNBGK?DHBF:DHCG;EI=FJ>?C7@D8BF;BF;@D9?C8?C7AE9AE9=A5CG;EI=KOCGK?HL@DHFJ>LPDMQEJNCKODMQFSWLQUJOSHQUJLPERVKUYNSWLUYN^bW\`Uknepsj}}ÿĿ~ude[CD:NOENOEDH=>B7<@5<@5=A6EI>AE:>B7?C7<@4;?3BF:GI=JL@IK?GI=AB8DF:IK?LNBHJ>EG;GI=LO@JKALMCPQGRVKMQFMQFSWLPTIQRHNOEPQGUVLVWMVWMUVLRSIWXNYZP[\R]^T^_UabXfe[gf\`aWef\ij`opfnoemndnoegh^srhnmcondpoekj`lkarqgsrhrqgxwmrqgmlbih^edZedZdcYhg]poenmcji_edZ^]S_^T_^TXXLYYMVVJNNBHHDH=LPEW[P\`U\`Uef\ij`ef\[\RYZPMNDOPFRSIWXNVWMWXNNPDEG;EG;AC7>@459-9=1:>27;/59-7;/9=19=17;/9=148,7;/;?3=?3@B6@B6?A5CE9BD8BD8DF:CE9AC7BD8EI>JNCPTITXMSWLSWLUYNX\QVZOX\QY]R]^T\]S\]SabX\]T_`V\]S`aW^bW`dYZ^S_cXcg\]aV\`U[_TY]RX\Q\`U_cX]aVbcZef]jkbnofopgijafg^ijacdZcdZbcY_`V]^T[\RYZPUVLVZORVKRSIWXNWXNXZNNRFEI=DH=FJ?CGBF:DH=FJ?DH=AE:AE:CG;DHIMBNRGUYNRVKOSHMQFNRGRVKX\Q\`U^bWdh]kodnqhnoeabXwxoy}}x~v}~u|yz{r{|sz~x{~uuxompggh_[\Sjncfj_`dYY]RVZOZ^SY]RQUJKODJNCKODKODQUJSWLLPELPEIMAGK?IMAHL@HL@IMAKOCGK?LPELPELPERVKTXMTXM[_T[_TRVKPTIQUJX\Qei^aeZeh_eh_wxoy~ýÿ¾¼Ŀ¿~{|r`aWIJ@NOERSIHLABF;DH=@D9BF;EI>DH=AE:EI=AE9AE9EI=HL@KMAGI=CE9AB8BD8EG;HJ>GI=EG;HJ>LO@NOEOPFNOEPTINRGPTIVZONRGTUKQRHRSIUVLTUKTUKTUKQRHWXN[\R^_U_`V`aWabXcbXa`Va`VcbXfe[nmcondnmcqpfnmcrqgrqgqpfondlkamlbqpfutjxwm~txwmrqgondkj`mlbih^a`Vkj`ih^dcY_^TZYOYXNWVLQQEOOCEE9@@4HHB68<037+59-8<08<08<0;?359-9=1=A5?A5CE9BD8BD8EG;CE9BD8FHIMBMQFKODKODIMBKODLPELPEILCHLAJNCKOCJNBNRGPTIPTIW[P\`U[_TTXMW[PZ^S`dYaeZbf[gk`lperuly|suvlcd[vwny{}}|yzq{zzx|z}tpqh`aX\`U^bWdh]ei^`dY\`UW[PMQFIMBGK@HLAIMBNRGPTIIMBIMBFJ>DHIMAJNBNRFOSGHL@KODRVKTXMUYNTXMSWLVZOSWLPTIOSHUYNX\Qgk`kodlofmpgqogxypyſĿ|wxnZ[QGH>GH>LMCDH=@D9FJ?@D9CGBF;FJ>CG;CG;BF:AE9CE9EG;EG;IJ@FHMOCOPFOPFKLBNOEMQFQUJW[PKODXYOUVLSTJRSIPQGRSISTJQRHVWMYZP\]S^_U`aWcdZedZdcYfe[dcYcbXih^ji_ji_poepoepoesrhrqgondnmcnmcqpfvuktsizyopoekj`mlbmlbmlbdcY[ZPa`V[ZPWVLXWMVUKTSIMLBEE9II=BB6??3LL@WWK\\PbbV[\Ref\_`Va`VcbX[ZP]\RbaWabXWXNYZP]^Tfg]bcZabY\]TXZNZ\PacW`aW]^TWXNabX\]T_`VcdZ^_UbcYabXhi_ef\ij`poelkaih^kj`rqgvuksrhmlbopfrsirsirsiwxnz{qxyovwmstkxypw{|sw}~u}z|{y{yy~uz{qmnd[\Rde[hi_klbhi_jkafg]gh^fg]bcYfg]mndmndnoersixyoopfcdZVWMUVLJKAHJ>MOCTVJZ[Q`dYgk`jncilcabX_`VSTJIJ@TUKWXN\]SYZPQRHYZPef\[\RGI=?A5<>29;/7;/<@4<@47;/59-:>2<@4:>259-:>259-:>2@B6>@4BD8@B6@B6BD8@B6@B6FHMNDIJ@MNDZ[QQRHSTJPQGXYOPQGTUKRSITUK]^TVWMcdZZ[QcdZabXabXde[bcYabXde[_`V_`Vhi_hi_fg]lmcrqgkj`rqgrqgnmcrqgsrhwvlkk_ppdnnbii]ii]ii]eeYaaUXXL[[O``TVVJFHA2>A2;>/9<-:=.=@1=@1:=.<>2>@4;=1<>2>@4BD8DF:;=1CD:EF=A5AE9FJ>FJ>NRFGK?IMALPDHL@GK?HL@FJ>FJ>DHPRFWYMUWK^_UbcY`aWef\_`VcdZ[\R`aW]^TXYO\]ScdZde[[\R^_U[\R`aW^_Uef\cdZ[\R^_U_`VabXabX]^T]^TabXde[de[ij`_`VbcYhi_ef\klbmndhi_hi_noeopfopfmndqrhqrhuvmqristkrsjuvmz{r~vwxouvmxypwxoyzqxypw~|wuw}|r}|rzyoutjfe[[\R^_Ude[de[hi_ij`cdZij`]^Thi_opfnoeopfvwmz{qyzpstjklbYZPOSHQUJNRGNRGRVKVWNbcZbcZabYnoftulde\RSJQSGGI=BD8@B6NPDNPDNPDJL@@B6WYMik_^`TFH<>@4@B6=?3<>2>@4>@4;=179-79-9;/:<0;=1<>2<>2?A5@B6AC7EG;@B6HI?KLBKLBLMCHI?LMCEFCG;FJ>IJ@GH>QRHSTJLMCPQGUVLUVLVWMRSIOPFPQGTUKZ[QUVLXYO[\RbcYhi_]^TTUK]^Tjka`aWcdZjkahi_de[fg]hi_lmcstjnmcmlbnmcutjvuksrhrqglkaqqegg[eeYgg[ddXbbV\\PPPDOOCNNBOOCJJ>JL@XZNZ\PWYM^`TceYfg]gh^fg]ef\cdZ_`VabXWXN_`VYZPYZPVWM[\R[\RabX\]SZ[Q\]S\]Sde[`aW^_U]^TbcYbcY^_U^_U`aWbcYfg]cdZef\Z[Q^_Uef\cdZhi_ij`ef\jkaqrhvwmqrhopfopfpqgklcqriqritulwxo{|svwnstk|}tvwnz{rwxowxox{zw}~tstjuvlnoeij`abXcdZ_`Vmndlmcjkaef\Z[Qhi_qrhtukxyoz{q|}s{|rtukklbfg]\]SQRHMQFIMB[_TnrgVZO[\RcdZhi_opfrside[PQGIJ@KMADF:HJ>LNB^`TIK?DF:IK?@B6CE9HJ>HJ>FH@4?A5<>2;=1<>2=?3=?3=?3=?3;=1<>2=?3BD8BD8AC7FHHI?KLBSTJQRHSTJMNDWXNXYOZ[Qgh^`aWYZP]^TZ[Q]^T]^TZ[Q^_UbcYabXef\ij`ef\gjagjailceh_dg^eh_dg^fi`gk`ei^bf[dh]imbhlafj_imbhi`ijamnegh_gh_jkbfg^lmdde\`aXhi`fg^jkbklcnofnofhkbfi`ilcpsjgjahkbjmdmpgmpglofjmdfi`dg^ilcnqhorirsjstkvwnstkwxoxypz{rxyp~v{|sxypyzqvwnstkuvmrsjz{ryzqwxouvm|}tyzq{|syxzz{ruvmz}}}~yy{{~v~vzx{|syzqyzq{|sx~}~t|}s|}sopfcdZ_`V]^TZ[QUVLRSISTJRSIOPFOPFRSILPDIMAOSGQUJKODKODQUJOSHQRH\]S\]S^_U_`V]^TTUKXYOW[PZ^SUYNNRGPTITXMSWLRVKUYNUYNRVKVZOX\QNRGY]Rz~s~zz|vſľ}bcYTUKSWLAE9EI=OQEMOCMOCLNBGI=EG;GI=GI=BF:GK?EI=FJ>DH<@D8FJ>EI=IMBIMBNRGHL@FJ>HL@EI=MQEOPFFG=NOEQRHTUK[\RVWMQRHPQGRSIPQGUVLVWM[\RWXN[\R^_USTJXYOVWMXYOXYO_`VabXcdZjkaij`ef\fg]ij`lmcqrhklbklbfg]mndqrhpqgrsijkall`ddX\\PZZNZZNVVJPPDMMALL@MMATTHSSGTVJ`bVceYdfZ_`VbcYgh^_`VZ[Q]^T\]S_`V\]SVWM^_U`aW`aW\]S\]S\]SbcYWXNZ[Q\]S\]S_`VZ[Q_`VZ[Q`aW_`V^_UabX_`V_`Vef\gh^de[fg]cdZij`lmcde[klbhi_lmcqrhyzprsirsiopfqrhpqg|}sqrhtuk~u{|rvwmwxn{|r{|r|}s|}s~u{|ry{|rstjklbmnd_`V]^Tef\hi_cdZhi_bcY_`VabX_`Vklbtukxyo{|r|}s|}swxnnoegh^VWMMNDRSISWLNRGei^vzoZ^S[\Rjkaopfij`abXYZPOPFIJ@PRFKMANPDNPDWYMGI=GI=LNB>@4:<0<>2CE9EG;DF:FH@4BD8BD8AC7AC7@B6>@4>@4FHGK?DHBD8=?3@B6DF:GI=GI=DF:DF:HJ>CE9BD8CE9CE9@B6=?3?A5CE9DF:CE9BD8IK?KMALNBRTHPRFTUKOPFSTJQRHYZPVWMSTJTUK^_UWXNQRHWXNVWMSTJWXNUVLTUKUVLVWMVWMVWMYZP_`VbcY^bW]aV`dY^bW]aV`dY_cXdh]knepsjpsjoritwny|s{~u|v~u{|r}y~uw{|rz}wzv{yz~|~z~}y~z{~uz}t}w}wwzquxosvmmpgwxnwxnvwmwxnwxnyzpwxnuvltukstjpqgtuktuktukwxnrsiyzpyzpqrhmndmndjkagh^klbklbij`jkaabYvwn}{xvwnxypvwnnofqriopgmnetulvwnvwn{|sz~}~tvwmstjabXYZPVWMXYOXYOZ[Q[\RYZP^_UZ[QXYOXYOUVLPQGNOEPQGSWKMQEOSGW[Px|qbf[W[P\`UabXabXgh^hi_bcY[\R\]S^_U]aVUYNMQFIMBHLAKODPTISWLUYNTXMW[PZ^SX\QW[P]aVbf[stj{|r~~ýӵþ~_`VRSIPTHGK?JNBQSGMOCMOCOQENPDMOCNPDMOCHL@FJ>FJ>HL@JNBKOCKOCKOCHLAJNCMQFJNCHL@EI=AE9FKHI?PQGQRHNOEOPFOPFQRHSTJTUKLMCOPFTUKXYOYZPXYOXYORSIYZP[\RWXN\]Sfg]_`V_`V_`VabXde[gh^ij`ij`gh^lkamlbhg]hg]ji_edZ\[QTSIĦOQENPDY[OZ\PVXL_aUĦii]kk_hi_de[fg]abXcdZgh^^`T[]Q^_U^_U]^TabX[\R^_UXYO^_UZ[Qӵ[\R_`V^_U`aWfg]fg]^_U[\RabXabXjkafg]klbopfij`mndopfpqgmndlmcpqgopfstjtuktukstkpqhstkz{rwxoxypz{r{|s{|sstk|}tx}~uz{ryzquvmopfpqgij`^_Ude[abXgh^pqgstjklbabXcdZcdZef\pqgqrh{|r~u~uwxnnoecdZUVLIJ@RSIQRH[\RZ^S_cXcg\_cXkodmqfaeZX\QUYNQUJKODJNCNRGKMANPDQSGKMAAC7JL@LNB@B6GI=IK?DF:?A5DF:IK?DF:;=1EG;EG;EG;ĦEFHI?MNDPQGUVLZ[QTUKSTJVWMWXNYZPVWM\]SVWM\]S[\Rjkajkahi_abX^_UcdZWXNSTJUVLWXNYZP\]S_`VbcYde[dg^cf]hkbilckneoripsjuxoz}tz}t|v|||}{}x}zy~z|}~|v||}w~v{|s{|sz{rxypuvmrsjnofklblmcjkamndjkalmcij`ij`stjopfij`klbjkahi_lmcij`klblmcde[cdZbcY_`VVWMXYOX\QW[P]aVTWNad[{{y}~uz{r~vstkjkbopgtulstkvwnyzqyzqx{z}}xwyzpnoe`aWQUJRVKSWLVZOY]RY]RY]R[_TWYMUWKTVJSUIQSGPRFPRFRTHJNBKOCUYM[_TuynaeZX\QZ^ScdZ]^Tde[fg]`aW]^Tef\cdZ]aVUYNPTINRGKODKODOSHPTIMQFLPEUYN]aVZ^SZ^Sbf[fj_klbmndjkay}r~y4ĉ@ӵĿz^_UPRFMQEMQEJNBPRFJL@IK?MOCNPDNPDNPDMOCGK?FJ>IMAJNBJNBIMAHL@KOCILCLPEJNCKODKOCEI=DI:EJ;DE;IJ@MNDOPFLMCHI?KLBKLBRSIUVLOPFOPFUVLSTJXYOUVLYZP]^TYZP`aW^_UZ[Q_`VabX`aW\]S]^TbcYde[cdZbcY`aWdcYcbX_^TZYO]\R\[QSRHRQG>LUWKY[O^`TacWjl`dfZ=hĦeeYfg]bcYabX_`V`aW`bVZ\PVXLWXNZ[Q`aWbcYcdZde[abXef\4ĉ@ӵabX^_U`aWfg]de[abXbcYde[cdZlmchi_noersilmcpqgqrhpqgklbklblmcopfqrhuvltukyzqopguvmuvmnoftul~vvwnuvmz{r|}twwxorsjnoffg^gh^ef\_`VVWM_`VcdZklbqrhjka]^T`aWhi_ij`jkaqrhz{qzuvlklbklbfg]YZPNOEMNDUVLVWMabX_cX\`Ulpetxmgk`Y]RY]RUYNLPEHLANRGQUJMQFQSGMOCIK?@B6@B6CE9IK?HJ>IK?LNBDF:;=1>@4AC7@B6?A5EG;FHLHJ>BC9KLBNOEOPFQRHWXN[\RQRHXYOZ[QZ[Q\]SWXNYZPRSIWXN[\Rtukvopf_`V`aW`aWRSIWXNZ[Q\]S`aWgh^jkajkaklbknejmdpsjsvmvyp{~u|v|||~~z|}yy}w|yw|~x|v{~u~xuxo{~u}w}w|}sz{qtukrsistjrsinoemndlmcmndjkaklbef\ef\`aW`aWnoehi_bcYde[abX]^TbcYabX]^T]^TTUKTUKTUKUVLMNDNOEPTIQUJ[_TWZQ`cZ}}~t~u}~twxntukpqhjkbklcopguvmyzq{|sy}{xx~v}~u|yxyotuknoehi_de[YZPW[PZ^SY]R\`U_cXW[PQUJX\QUWKUWKSUIOQENPDPRFRTHSUIOSGPTHW[OTXMTXMY]Rdh]`dYef\\]S`aWabXcdZcdZlmcij``dYX\QRVKNRGJNCLPENRGKODTXMUYNW[PZ^S]aV]aV^bWaeZei^fj_[_TZ^Seh_yzqzGG=?|}sZ[QKMAHL@NRFGK?KMAGI=IK?OQEOQENPDOQEOQEJNBNRFVZNTXLMQEGK?FJ>KOCJMDMQFGK@KODMQEGK?KPAJO@EFKLBHdĦMND@A7NOERSIPQGOPFVWMYZPLMCUVLOPFTUKRSIZ[QTUKOPFPQGRSIUVL`aWZ[QUVLYZPWXNYZPYZPabXgh^hi_ij`jkaopfvwmwzqvyp|v~xy}}{~~}~zwz~w|w|}tw}vvzotxmz~stxmvzovzovzostjstjopfnoersinoeef\cdZgh^bcYYZP]^TZ[Q\]SQRHKLBUVLPQGLMCRSIPQGMNDRSITUKYZPXYOLMCLMCNOESTJNOEPQGPTILPE^bWhkbilc~uuvlwxnyzpuvlstjjkbnof{|s}~uw|{}~uwxowxowxoxyp|}tpqggh^fg]Z[QQRHXYO\^R^bW^bWY]R^bWei^Y]ROSHX\Q^`T]_SY[ORTHNPDPRFRTHRTHVZNVZNRVJY]RZ^Scg\`dYbf[Z[QYZP^_UZ[Q]^T\]Sfg]lmchla_cXW[PNRGIMBOSHRVKKODSWLZ^STXMSWLcg\jncdh]cg\[_T^bW^bW\`U_`Vgh_vwn~ÿӵĭӵӵĦӵӵĦƜ`1.׼sĦӵĦwVWMĭӵKOCGK?ĦFJ?IMBJL@ĦQSGĦSTJNOETUKTUK]_SacWY[OceY`bV_aUbdXceYY[O]_SSTJ[\RDdDmlblkahg]?fӵbcYbcYij`Ħ]\Ra`Vfe[ӵƜ`1.׼sabX\]Sĭӵgh^klbfg]uvlrsiuvlz{qz{qxyoyzpyzpӵstjpqg_`VcdZĦ`aWbcYstjqrhmndv}~tXYOWXNWXNabX^_UabXef\ĦKODGK@LPEGK@LPEMQFEI=ĦBD8>@4<>2;=1?A5DF:?C7EI=IMADdDMQFLPEDH=WYMTVJӵef\gh^ӵwxoӵ{~Ħ}~uxӵpqgtukrsibf[ĭӵMQFNRGIMBEI>CG&eg&e>hӵg&eguO>uO>&e4ff?>ߝLgĉ@Shӵg&e>hӵxfff?><zRSIg&e>&eOSGRVJHLMQFJNCKODShӵgLWXNSTJSTJYZPabX^`T]_SZ\P^`T^`TdfZ]_SS?ʬNPDQSG3h?D%%)?hg]lkaZufĦ\]S[\Rfg]gLcdZfe[edZg&ecbXgĉ@_`VcdZg&e>&eopf@etukstj??rsiz{quvlpqgrsiwxnuvlrsig<ĉlmccdZVWMOPF3we<Ħde[noeqrhopf3h?@ePQGZ[Q\]S^_Ugh^hi_cdZpqgZMNDNRGOSHQUJLPEIMB3h?gLGI=HJ>IK?GI=CE9CE9GI=?C7DH<z`aW\]S=?Ħqrhg&ez{rg&eywwS?ʬ4ff?>ߝL{@exyog&eij`gh^hi_3h?g&e>&eHLAKOD??LPEKODHLAKODLPEKODOSHOSHNRGJNCKODTXMPTIVZOW[PVZOX\QPTIei^uxo|vz{qef\bcYij`nrguynz~s}}{~v~vyzqyzqvwmmndbcYYZPSTJQRHUVLYZP[\RYZPVWMVWMYZP\]S[\RVWMXYOWXNRSIYZPbcY`aWUVLVWMTUKQRHRSISTJSTJTUKQUJSWLW[PZ^SZ^SY]RX\QY]RXZNWYMQSGTUKQRHYZP^_Uef\VZOX\QSWLTXMHLAJNCJNCQUJKOCPTHW[OY]R^bWbf[gk`hla^bW\`U]aV]aV^bW]aVbf[qujtwn{~u4DӵHƅ^Hu]ĦHu]ĦZuR)ĦHu]ĦHŐeHŐeHu]ĦqIܗGIӵttHGgĉ@Hu]ĦZuR)ĦsߝLGdUĦOPFHƅ^Hu]ĦMQEntHdĦSWLLPEHGgĉ@TUKHdĦWXNXYOUVLPQGVWMUWKUWKY[OWYMXZNceYHtƅ^HJ>MOCBt=o9ĦDtfo9ĦedZpoeyxng?bcYfg]HdĦbcYdcYbaWHu]Ħ`_Uttfg]fg]Hƅ^Hu]ĦjkaH׼slmcrsilmcopfpqg{|rz{qyzpuvlrsivwmtQxwxnopfabXje<ĦabXgh^cdZBt=o9ĦH׼sUVLXYO`aWabXabXgh^klblmclmcHtĦRSINRGPTINRGJNCBt=o9ĦHdĦHJ>IK?KMAJL@EG;FHq<RIK?QSGqjRgdKӵHdDĦgdKӵabXlmcGR/f6LĭĦbcYbcYDdDĦhi_abX^_UDdDĦ[\R`eĭfg]DdDΦDdDĦfg]DdDĦpqgopfqrhpqgrsiopfjkalmcklbxyo{|rz{qqrhopfwxngeĦcdZWXNXYOFSĦxyoqrhqjRgdKӵDdDĦabXcdZgh^hi_hi_klblmcopfabXDdDĦLMCJNCJNCKODqjRgdKӵDdDĦMNDKLBMNDKLBGH>IJ@OPFKLBLMCMNDHdDĦgdKӵDdDDdDĦz{rDdDĦ4DufӵDdDĦ}~uDdDĦ}q<R}~uxyppeƜ4DuTӵlmcDdDĦ`aWYZPDdDĦUVLqjRgdKӵDdDΦDdDĦIMBNRGRVKQUJOSHMQFNRGPTIOSHPTILPEFJ?KODOSHQUJKODPTI[_TTXMY]R\`U[_T^_UZ[Qklbx{z{|{}||~vy{|sz{rmnecd[`aXXYPRSIPQGNOEKLBLMCPQGOPFQRHTUKWXNYZPYZPXYOWXN`aWYZPVWMXYO[\R^_U^_UWXNUVLSTJWXNYZPUVLUVLUVLPQGYZP[\R_`VabX_`V[\RYZPZ[QVXLSUISUIYZPXYOTUKTUKZ[QSWLVZOVZOOSHPTIRVKQUJJNCRVJPTHNRFX\QX\Q\`U[_TaeZ^_Ujka`aW_`Vhi_gh^lmcqrh~xý4DuXӵDdDΦDdDӵDdDĦo)hDdDĦDdDΦDdDΦDdDӵ=ӊB1.uTӵHߝL`o9po9wӵDdDĦo)hDdDΦDdDĦQRHDdDΦDdDӵSWKGIpӵDdDĦOSHpo9wӵDdDĦLNBFHd<ĦDt>d<Ħ>d<ʜDd<ʜ4DuTӵF&uTӵ4DufئL>epuR)Ħ>d<ĦDtDdDΦDdDĦUVL>d<ʜ4DuTӵUWK4DwDd<ĦJNCpuR)Ħ>d<>@4BD8=?38:.<>2@B6>@4BD8GI=peӵ^_UĦpeӵDx<>d<ӵDddd<Ħpoe4DufئL>ecdZDdDʜ4DuTӵlmcDdDĦlmcnoenoelmcopflmcgh^opfuvlrsistjuvltuknoeklbgeĦUVLs<v>aĦwxnhi_peӵDx<DdDĦjkbjkbrsi{|rvwmjkaabXVWMNOEDdDĦRSILPEEI>IMBpeӵDx<>dd<ӵDd<DdDΦDdDĦstjDdDӵnd<DdDĦstj>d<Ħuvlpeӵfg]Ħ_`VF&uTӵMNDDdDĦOQENPD>d<ĦPRFpeӵDx<>d<ʜ4DuTӵLPELPEKODIMBKODMQFLPENRGJNCKODNRGOSHRVKMQFQUJY]RaeZlpekodnrggk`cg\pqhopgvwn~~}~~uvwmrsihi_mndjka_`VPQGMNDRSIZ[Q]^UbcZef\abXYZPSTJPQGOPFLMCNOEQRHTUKUVLTUKSTJTUKUVLVWMWXNWXNVWMTUKUVLWXNVWMTUKUVLWXNXYOYZPZ[QYZP[\RVWMQRHPQGRSIUVLWXNYZP[]QTVJTVJTUKUVLPQGUVL[\R[_T\`UY]RVZOMQFKODKODOSHNRFSWKUYMUYNRVKVZO[_T`dY`aWef\]^T]^TcdZabXcdZhi_z}tľ4DuXӵD&dq&ĒRsdKĦDHRRudsdKĦD&oq<Ōq&ĒR>dp&ĒRnfʜd<Φ>d<ĦVWMs&dq&ĒRVXLVXLi?ʜtd<ĦHLAHHܗDӊB8:.<x9;/@B6=?3CE9JL@GI=LNBB?daĦabXde[B?Ho9VWM>dd<ӵFJ?DH=B?Ho9PRF<xTUKYZP_`Vde[jkaopfuvl&ӫeʬtIӇqri>d<Φ>d<ĦtukD&ӫetIӇrsiDdDĦopfsdKĦbcYB?dp&ĒRXYOQRH>d<sdKĦRTHB?Ho9MQFs&dq&ĒRJNCKODLPEJNCIMBKODNRGMQFMQFIMBKODLPEKODNRGMQFWZQfi`mpgvypx{r{~urulnqh{|s|}t{|s}}~{zzy|}svwmpqgik_dfZ\]S^_UYZPQRHUVLWXN[\R_`Vjkbmnejka^_UWXNUVLRSIKLBJKAKLBNOESTJUVLUVLTUKSTJRSISTJRSIRSIQRHNOENOEQRHUVLUVLUVLWXNYZPVWMRSIRSISTJUVLWXNUVLPQGOPFUVL]^TUWKPRFSUISTJWXNSTJYZP^_UY]R\`UY]R[_TOSHPTINRGTXMSWKUYMW[OSWLSWLTXM^bWdh]fg]fg]cdZ]^T^_U`aW_`VbcYcf]~x4DuXӵHu]3hhne=enepIƎ@t@h>hfe@ďDne=eegeVWMTUKsĪj@hVXLNPDQSGfdDĦFJ?@ďD14%03$HkgeDF:;=1GI=BD8NPDbdXXZNY[O@hddX``T@Gih^edZHĪj@IŌ`_Ufe[BenenmcHkgecbXneedZcbXfeabXHu]3hhde[hi_lmcsehi_mndij`fg]fg]hi_noelmcgh^de[gh^gh^^_UUVLgeĦja>aĦabXstj@GVWMZ[Qse{|swxoxyopqgabX^_USTJTUK<ŌFJ?IMBGK@@GVXLRTHHkgeef\gh^jkamndnoeklbopfstjHĪj@IŌ{|spqhegenoepqgHu]3hIŌgh^gh^DdDĦ`aWneVWMRSI@hQRH_`V>hUVLWXN_`VseVXLneRTHSUI@GLPEMQFsĪj@hIMBGK@GK@JNCLPELPEKODKODPTIPTIMQFNRGIMBCGDH=NRGDdDĦ6:.6:.7;/59-/3'BD8EG;LNBJL@STJVWM]^T`aW^_Ude[]^TbcYbcY_`Vklbklb\]SdcYbaWhg]hg]hg]de[\]Sef\gh^`aWabXef\D^fj_ef\hi_noes׼s^_Ufg]ij`pqglmcmndef\fg]de[_`V^_Ufg]YZPXYOUVLgeFm8`aW>aĦwvl~tyxnVZOX\Q`dYs׼syzqwxoopgef]ef]_`W\]S`aW^_UHoNOEIJ@OPFOPFEFd<ĦĦĦĦxyp[\RSTJSTJPQGTUKPTIOSHNRGPTIMQFGK@HLAKODEI=GK?CG;>B6<@4;?3:>2;?3>d<Ħ37+/3'.2&9>/5:+6:.6:.59-:>2?C7<@4AC7FHd<Ħei^hlaklbgh^hi_Bede[cdZopfnoeopfjkanoeklbgh^]^T_`VZ[QYZPUVLTUK^_UgeFYĉbcY^_U>aĦvxwmvukji_ji_`_UNRGOSHUYN_cXbf[_cXBersjopgopgcd[TULZ[RabYcdZbcY]^Tnu]ӵUVLSTJVWMZ[QWXNZ[Q`aWZ[Qde[fg]ij`noeij`mndjkbstkstkhi`abYjkbrsjijastjuvlxyovwmvwmrsimnduvltukopfpqglmcgh^ij`hi_de[cdZ^_U_`VabX]^T>d<ĦNRGLPEOSHPTILPE>d<ĦKODOSHRVKĦVZOY]RQUJlpeimbTXMOSHVZOQRHcdZfg]UVL]^TZ[QRSIOPFSWLQUJRVKRVKBeSWLTXMQUJNRGLPEĦPTINRGPTISWLKODLPESWLPTISWLKOCPTHRVJOSGLPDMQENRFNRFOSGMQEIMAHL@DHOSGMQEPTINRGLPEJNCHLAJNCLPEIMBWXNij`{z{|}swxnklbhi_abXZ[QVWMPQGQRHVWMWXN[\R\]Tcd[mnevwn}~uz}~wwxypmndbcYTXMKOCIMAEI>IMBKODSWLW[PVZOW[PSWLTUKWXNXYOXYOVWMUVLYZPUVLVXLZ\P[]QSTJSTJVWMTUKYZPZ[QXYOWXNWXNVWMTUKTUKWXN]^TSTJOPFVWM\]S[\R[\R]^T[\RYZPZ[Q\]S_`VabX^_UXYOZ[QXYOXYOXYOVWMYZP]^T_`V_`VXYO\]SabXfg]\]S\]S_`VWXNjkaij`ef\uvm|}tyzq¼?aŖ%7uSQuR)ӵsdKĦgdKĦgdKĦȿþgdKĦjkaNOEDE;BD8EG;IK?LPDJNBGK?BF:>B6<@4:>27;/59-37+26*15)/3'15)26*04(gdDĦ@D89=1:>2<@4:>2<@4?C7@D8GK?KODHLAJL@SUITVJWYM[]QWYMXZNZ\PYZPUVLWXN\]S_`VcdZde[abXbcYgh^jkagh^ef\fg]fg]de[`aWjkahi_gh^noehi_`aWhi_mlbedZdcYgf\dcYedZih^kj``_Ufe[cbXa`VedZfe[dcYgf\mlb`_Ufe[hg]baWedZfe[`_Ude[fg]`aWgdKĦfg]fg]bcYhi_gh^cdZfg]fg]de[cdZsdKĦimbei^jkaabX^_Ufg]bcY`aWij`lmclmcef\fg]gh^fg]_`V]^TRSIMNDVWM[\RnoeŶS_`VZ[QZ[Q3weAneneneǾ¼nez_`VJL@BD8;>/9>/49*6:.:>29=1/3'.2&59-26*,0$/3'+/#-1%15)26*7;/9=1DeHL@DHAgh^\]SXYOk<tukef\fg][\RVWM[\RabX`aW_`Vhi_pqgrsirsief\gh^de[abXcdZgh^fg]^_U`aW_`Vfg]fhjkaij`de[hi_pqgqrhtuknoelmcrsipqgmndnoelmcmndpqgef\klbqrhqrhlmcgh^qrhjkahi_jkajkaij`fg]^_U`aW`aW_`VTUKRSIOPFLMCQRHMNDQSGHJ>BD8BD8BD8DeGK@KODKODGK@GK@LPEneRVKPTIne[_Tcg\^bWaeZUYN\`USWLTXMOSHPTITXMVZOX\QTXMOSHVZONRGMQFRVKOSHQUJNRGUYNSWLRVKUYNSWLneIMBJNCNRGPTIPTIPTISWLRVKJNCFJ?NRFNRFOSGPTHNRFKOCKOCNRFCG;KOCJNBLPDNRFLPDNRFMQENRGKODKODKODKODOSHSWLSWLRSI^_U_`Vstj|}t{|s{|rqrhjka\]SIJ@PQGOPFRSIWXNSTJQRHVWM_`Vklbwxn}~tz}yz{qstjopfijaij`cdZXYOPQGJNBMQETXLRVKQUJLPENRGPTIPTISWLPTIWXNQRHQRHWXN[\RUVLWXNQRHVXLQSGSUITUKWXNWXNOPFNOEUVLWXNVWMTUKRSITUKXYOZ[QTUKXYOWXNRSIRSIXYO\]SZ[QXYO_`V`aW_`V`aW^_U[\R]^TXYO^_U\]SYZPYZPVWMVWM\]S[\R^_Ude[_`V`aW_`Vhi_klbbcY]^Tgh^fg]ef]fg^tulwxoƽ¼xyoRSI@B6:<016'27(/4%04(26*7;/15)15)8<048,26*59-37+7;/9=17;/:>2?C7>B6AE9FJ>IMAPTHNRFOQEZ\PXZNRTHVWMTUKRSIYZPRTH[]QWYMZ\P`bV\^RZ\P\^R]^T`aWcdZde[abX[\R[\R_`VabXde[gh^hi_gh^fg]gh^ij`opffg]cdZjkamndij`fg]ij`klbgh^ij`ij`ef\jkaopfij`abXef\cdZ^_U_`Vde[gh^hi_mndde[^_U`aWij`ij`abXfg]de[_`V]^TabXcdZde[XYO[\Rde[jkahi_abXcdZdcYklbde[ef\ef\cdZfg]ef\ef\jkajkaef\cdZklbij`hi_hi_bcYXYOOPFKLBTUKVWMfg]mndklbfg]bcYabX]^Tij`[\R\]S^_Ursiz{qUVLZ[Qde[klbrsi{|ryzpjka\]SZ[Q^_UbcYde[ef\gh^mndklbjkanoelmcrsiuvlwxnrsistjuvlpqgopftukmndlmcmndopfrsipqgmndopfhi_ij`ef\gh^ij`bcYfg]cdZ`aW`aW[\RXYOXYOQRHMNDNOENOEDE;EFB67;/;?39=19=1;?3:>2CG;DHB6AE9DH2>@4DF:CE9EG;FH3:>2@D8DH==A6CGNOEYZPhi_ef\abX`aWklbopfef\de[`aW`aWcdZij`pqgtukrsimlbhg][\RXYOPQGYZPTUK`aWbcYhi_lmcnoestjqrhij``aW^_U^_U_`Wgh_rsjstkz{r|{|srsjnoewxntukrsiuvlqrhopfstjpqgopfpqgnoeopfpqgnoetuknmckj`kj`nmchg]`_UbaWcbXabXbcY[\RXYOVWMMNDKLBOPFPRFJL@LNBHJ>EG;JL@HJ>DF:DF:BD8AC7@B6EG;FHNRGOSHIMBKODSWLSWLKODNRGOSHPTINRGKODKODMQFOSHTXMQUJPTISWLMQFJNCPTIMQFSTJMNDZ[QRSILMCRSIXYOTUKQUJOSHRVKOSHSWLNRGOSHNRGSWLRVKQUJPTIOSHMQFMQFOSHSWLTXMOSHUYNZ^SSWLRVKMQFPTHOSGMQELPDLPDNRFPTHPTHMQELPDMQEMQEGK?KOCTXLMQETXMQUJQUJQUJMQFLPENRGNRGNPDUWKPRFRSI^_UWXNTUKLMC}~upqgOPFJKAZ[Q^_UbcY[\RYZPVWMWXNWXNMNDIJ@JKANOETUKVWMTUKRSIRSIRSIRTHVXLVXLVXLVXLSWKRVJUYMRVKTXMQUJRVKRVKRVKW[PW[PSTJRSISTJQRHQRHJKASTJRSITVJXZN_aUZ[QSTJSTJQRHQRHWXNRSIQRHUVLVWMRSIOPFOPFRSIPQGOPFQRHTUKUVLUVLTUKWXNTUKUVLVWMUVL[\RabX_`VcdZ`aW`aW^_UWXNWXN[\RYZP[\R^_Uef\cdZef\abXfg]hi_\]Sde[ij`tuklmduvm}~ustkyysýſľſ¹ef\XYO\]SXYOYZPZ[Q]^Tde[WXNUVLbcY^_U_`VZ[QUVLY]RX\QUYNSWLRVKSWLTXMTXMQUJRVKUYNVZOSWLSWLUYNUYNQUJZ^SIMBUYNTXMJNCQUJPTINOERSIVWMYZPXYOVWMVWMVWMYZP[\R]^TabX]^Tfg]fg]jkabcYjkafg]gh^lmchi_hi_mndqrhde[ef\ef\`aWjkacdZlmcnmcnmcih^lkaji_ondkj`ji_ji_kj`hg]ih^edZdcYih^fe[bcY^_U]^T`aW`aW]^TZ[QYZPbcY\]SZ[Q]^T_`VabXbcY_`V^_U\]SWXNef\XYOYZPgh^bcYbcYfg]ij`cdZgh^abXabX`aWabXfg]bcY^_UZ[QUVLSTJOPFLMCSTJPQG[\RZ[Q_`Vde[de[abXef\_`VZ[QZ[QTUKRSIZ[Qpoe}|rxwmpoemlbcbXYXNUTJSTJXYO_`VXYOZ[Qde[gh^pqguvlpqglmc^_U^_UabXnoenoe{|svwnxyp|}t{|sxypyzqz{r}~u~vvwntul{|sxypqristkwxnwxnpqgrsinoepqghi_cdZ]aU_cW]aUY]QUYMNRFHL@GK?IK?HJ>DF:BD8AC7?A5CE9LNBWYMPRFKMAHJ>IK?NPDQSGNPD?C7AE9CG;FJ>IMAEI=AE9AE9=A5CG;BF:LPDHL@HL@FJ>FJ>KODGK@PTILPEPTILPEGK@GK@MQFLPEMQFRVKSWLTXMEI>LPELPEQUJPTIMQFNRGLPEOSHX\QRVKQUJOSHOSHQUJRVKSWLSWLOSHSWLVZOW[PRVKIMBHLAOSHNRGQUJPTIPTISWLOSHKODPTISWLSWLW[PMQFUYNPTISWLKODOSHLPELPEOSHOSHMQFMQFQUJQUJGK@EI>PTIHLALMCMNDOPFVZOVZOW[PMQFLPEHLALPEJNCGK@IMBSWLSWLPTINRGMQFZ^SPQGPQGZ[QUVLXYOOQEKMAWYMSWLPTIW[PW[PX\QVZOKODIMBOSHOSHQUJRVKRVKPTIQUJSWL]aVTXMVZOOSHRVKSWLUYNSWLW[PW[P[_TZ^SRVKPTIY]Rcg\OSHLPEKODOSHQUJLPDKOCQUINRGPTITXMSWLIMBIMBQUJLPESTJTUKRSILPENRGTXMTXMPTINRFNRFPTHRVJRVJNRFLPDLPDQUJZ^SY]RQUJY]RX\Q\`UX\Qbf[aeZ_cXZ^STXMRVKSWLVZOX\QX\QY]R^bWcg\aeZ`dYcg\_cXdh]dh]dh]ei^swlqujuynwxn|}s}ſý}^_UUVL_`V^_UXYOWXN`aWZ[QVWMWXNWXN_`VYZPYZPXYOVZOUYNUYNVZOVZOTXMUYNW[P[_TW[PX\QX\QRVKRVKSWLOSHVZOZ^SX\Qcg\SWLMQFX\QQUJPQGQRHSTJTUKUVLWXNZ[Q]^Tgh^abX_`Vde[_`VabX^_UbcY_`Vde[`aWabXef\cdZgh^jkade[cdZfg]gh^cdZmndef\ef\hg]mlbondnmckj`lkagf\baWhg]kj`hg]hg]`_U`_UedZfe[]^T[\R\]S`aWbcY`aW^_U^_UcdZ^_U]^T`aWabXbcYcdZabXZ[QXYOYZP[\RXYObcYbcYfg]hi_lmcmndjkalmchi_ef\cdZbcYef\`aW[\RTUKMNDMNDJKALMCWXN\]Sef\bcYde[lmcklbgh^^_UWXN[\R]^TXYO\]Sklbrqgutjpoeih^baWSRHHG=NMCNOE^_Uij`bcY`aWij`pqgxyouvlnoeklbbcYabXbcYpqgwxn{|sz{rz{rxypxyp{|syzqrsj{|stulwxoxyprsjqripqhhi`ij`lmcjkahi_jkaopfgh^]^TQUIOSGJNBGK?FJ>@D8<@4<@4JL@IK?FHDF:HJ>LNBJL@EG;FHKODGK@NRGIMBKODJNCJNCMQFMQFPTIQUJRVKQUJOSHKODUYNRVKUYNOSHQUJKODOSHMQFSWLOSHMQFNRGOSHNRGPTIRVKPTINRGMQFMQFPTIQUJLPEIMBLPEQUJUYNRVKMQFPTIRVKQUJRVK\`URVKQUJRVKUYNMQFNRGRVKQUJNRGKODKODNRGPTILPEFJ?IMBPTIMQFLPEHLAQRHQRHTUKTXMTXMPTILPEGK@HLAIMBJNCJNCJNCQUJRVKTXMTXMPTIVZOTUKVWMUVLKLBRSIVXLNPDLNBQUJSWLY]RUYNSWLTXMOSHPTINRGNRGQUJSWLSWLRVKQUJRVKZ^SLPEPTIPTIQUJKODNRGTXM[_TW[PY]R]aVX\QQUJPTIQUJNRGMQFLPEOSHQUJNRFLPDPTHPTIPTIQUJRVKNRGNRGRVKNRGQRHUVLTUKOSHOSHQUJPTILPENRFIMAIMAOSGPTHKOCKOCQUIPTIW[PTXMSWL[_TZ^S]aV\`U]aV\`U\`U\`U\`U[_TZ^SY]RW[P]aV^bW\`U`dYcg\bf[`dY]aV_cX^bW`dYaeZkodimbptivwmxyo{|s}ſ¼stjVWMNOEYZP_`VZ[QTUKZ[Q^_UYZPYZPVWM^_U[\R\]SYZPW[PW[PX\QZ^SY]RVZOVZOX\Q[_TW[PZ^SY]RPTIQUJUYNRVKRVKVZOZ^Sbf[RVKQUJW[PSWLTUKTUKTUKTUKUVLWXNZ[Q[\RcdZYZPWXNabX`aW`aW`aWde[]^TabXabXde[ef\de[fg]de[de[bcYef\noemndklbef\hi_ji_ondqpfih^fe[fe[hg]dcYgf\hg]baWgf\a`VdcYdcY_^T\]S[\R\]S_`V_`V\]S[\R\]SabX]^T_`VbcYbcYbcYbcY`aWfg]STJ[\Rij`]^T]^TcdZklbabXef\cdZde[cdZcdZ^_U]^T]^T`aW]^TUVLDE;>?5MNDVWMZ[Q]^TcdZef\gh^ij`pqghi_ef\Z[QRSIVWM`aWij`opfuvlqrhklbfg]Z[QRSIHI??@6LMCQRHbcYhi_gh^lmcrsiuvlopfpqgqrhnoe`aW`aWij`tukpqgz{qz{q{|ryzpwxnyzpxyoqrhwxnvwmqrhopftukrsilmcjkagh^fg]de[]^T]^TZ[QVWMNOENRFLPDHL@EI=CG;?C7?C7DHEG;IMAIMAHL@EI=DHJNCJNCOSHKODLPEPTIPTISWLUYNPTISWLVWMSTJRSIOPFNOESUIOQEOQEKODTXM]aVX\QTXMUYNQUJOSHRVKQUJQUJRVKQUJPTINRGNRGSWLMQFRVKNRGOSHOSHQUJTXMdh]\`UY]RZ^SVZOOSHLPEJNCQUJRVKQUJQUJRVKOSGLPDMQERVKQUJOSHNRGOSHNRGNRGPTIQRHTUKUVLPTINRGOSHNRGKODNRFJNBHL@LPDMQELPDOSGTXLOSHRVKOSHVZO[_T\`U^bW`dY]aV[_TZ^S\`U]aV\`UX\QTXMSWLZ^S]aV]aVaeZcg\bf[aeZ^bW]aV]aV_cX`dYei^dh]nrgxyo{|rz{r|}tſ¼ý[\RRSIMNDRSIZ[Q[\RXYOZ[Q\]SWXNVWM^_UWXNZ[QXYOWXNY]RY]RY]RY]RY]RY]RX\QW[PUYNSWLZ^SZ^SPTIQUJY]RX\QRVKW[PSWLSWLRVKVZOPTITXMPQGQRHRSITUKUVLVWMTUKSTJabXXYOTUK^_U_`V\]S_`VabXbcYcdZcdZgh^fg]ef\hi_bcYij`hi_fg]noenoeij`hi_klbklbklblmcabXabX_`Vfg]fg]abXcdZ_`Vgh^cdZgh^bcYZ[QabX`aW`aWabX_`V\]S[\R^_U_`V^_UabXde[bcYbcYbcY`aW]^Tgh^\]S\]SXYOUVLde[hi_de[gh^cdZfg]cdZef\^_U_`VZ[QRSIIJ@IJ@GH>KLBWXN[\RcdZbcYgh^cdZef\fg]klb_`VbcYXYOTUK[\RjkawxnxyopqgmndcdZ^_UMNDJKANOEIJ@UVLZ[Qgh^gh^lmctukstjmnd]^T_`Vde[fg]abXhi_wxn}~ttukwxnuvlxyoyzpuvlqrhrsistjrsitukij`fg]rsipqgcdZbcY[_TTXMTXMQUJPTIEI>HLANRGIMAEI=@D8@D8BF:?C7>B6CG;FHFHKMAFJ>GK?KOCMQEHL@CG;AE9AE9EI=FJ>FJ>CG;JNBHL@NRFIMAFJ?FJ?KODLPENRGLPELPEMQFLPEPTIPTIPTIRVKHLANRGKODRVKPTILPEQUJJNCUYNTXMRVKPTINRGRVKSWLMQFNRGQUJMQFNRGOSHOSHNRGMQFJNCLPESWLSWLLPEKODSWLVZOPTINRGTXMPTIPTIRVKQUJQUJQUJSWLTXMNRGRVKQUJMQFLPEOSHOSHKODPTIPTIJNCLPERVKVWMQRHRSIQUJOSHKODMQFGK@HLAJNCQUJLPEPTIQUJNRGNRGOSHOSHRVKZ[QZ[QmndtukUVLSUIWYMOQEJNCQUJX\QX\QTXMRVKNRGKODSWLPTINRGMQFMQFNRGOSHOSHPTINRGSWLPTIPTIUYNVZOUYNfj_bf[^bWY]RSWLRVKSWLRVKRVKUYNTXMSWLTXMRVJOSGOSGPTIPTINRGKODOSHLPEIMBQUJRSITUKTUKPTINRGNRGNRGMQFMQEPTHOSGKOCLPDRVJTXLQUIPTITXMPTIX\QW[PY]RZ^S\`UYZPYZPYZP[\R]^T^_U\]SZ[QSWLTXMX\Q`dYei^aeZ^bWaeZ^bW_cXaeZ`dYbf[fj_fj_mqfstjz{q|}t{|s}~uwxz¼ľ¼~ad[DE;HI?IJ@LMCRSITUKXYO_`VTUKYZPXYOcdZbcY\]STUK^_UVZOX\QW[PTXMW[P\`U]aVX\QW[PUYNZ^SZ^SSWLTXMX\QVZOY]RZ^SUYNSWLSWLX\QOSHSWLPQGPQGQRHTUKWXNYZPZ[QYZP`aW]^TYZP]^T^_UZ[QabX_`Vef\de[`aW`aW_`VbcYhi_fg]fg]opfjkabcYef\jkamndhi_hi_fg]hi_ef\fg]^_UabXbcY\]Sef\fg]jkaabXabXbcY_`V`aW_`V_`V`aW^_U\]S]^T`aW_`V_`VcdZfg]cdZbcYbcYabX^_U_`VXYO_`VbcY_`Vfg]YZP^_UbcY^_U`aW[\RYZPQRHRSILMCGH>CD:LMCUVLZ[QabXabX`aWbcYjka`aW[\RYZP_`VZ[Q_`VXYO\]SmndwxnvwmpqgjkacdZVWMSTJIJ@MNDWXNTUK\]S`aWnoeqrhuvlstjhi_bcYXYOZ[Q[\Rde[qrhwxnz{q|}s|}svwmrsirsistjpqgmndlmcjkaklbde[cdZcdZ^_U]^TWXNJKANRGGK@KODMQFPTIEI>GK@LPEKOCEI=@D8DHHJ>EG;FHMOCJNBCG;FJ>NRFNRFIMAGK?EI=DHDE;NOEVWMTUKWXN\]S[\RabX[\R`aWz{qfg]STJ]^TVZOW[PVZOSWLUYN[_T[_TVZO\`UX\QVZOW[PX\QX\QVZOQUJY]RSWLW[P\`UPTIVZOVZORVKUVLRSIPQGOPFRSIWXN\]S^_UYZP\]SZ[Q\]S^_U[\Rfg]`aW^_UbcY_`V^_U`aWbcYgh^ef\ef\jkaij``aWfg]gh^hi_jkamlbhg]ji_lkakj`cbXbaWedZcbXhg]ih^gf\baWa`Vfe[baW_`V^_U^_U`aW_`V\]S\]S_`V^_U]^TabXcdZabX`aW`aW`aWZ[QYZP^_U]^T^_UUVLVWMgh^]_SacW_aU^`TVXLOQEHJ>JL@CD:KLBMNDTUK[\R]^Tef\klbef\bcY^_UOPFKLBOPFRSIVWMUVL_`Vklbtukxyouvllmcde[WXNJKAKLBNOEUVLZ[QYZP`aWhi_rsiuvltukmndabX\]SYZP^_Ugh^rsi|}sxyoxyowxnwxnvwmqrhklbfg]gh^lmchi_[\R^_U`aW\]SUVLNOELMCKLBJKAIMAHL@KOCNRFSWKOSGHL@@D8?C7BF:DHHL@HL@EI=DH?5CD:NOENOEYZPUVLij`qrhmndpqgrsigh^YZPLMCIJ@NOEWXN\]S`aWef\jkarsistjqrhgh^cdZabX\]S\]S`aWopfvwmwxnopfvwmrsiklbjkade[]^TXYOZ[QbcY_`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aVcg\RVKPTISTJRSISTJRVKPTILPEIMBIMBIMAFJ>IMAPTHTXLRVJQUISWKSWLRVKUYNW[PSWLNRGW[PVZOUVLWXNYZP\]S^_UabXcdZef\[_T]aVZ^SZ^S^bWaeZbf[ei^aeZcg\gk`_cXdh]fj_lpeswlvzow{py|s~x}z{~u{~uyzq|}t~ľýilcGJALOFKLBSTJWXN]^T\]SZ[QbcY_`V_`VSTJSTJ]^TRSIXYOZ[QWXNSWLSWLY]R_cX^bWW[PVZO[_TY]R]aVW[PRVKTXMQUJNRGTXMRVKUYNMQFTXMUYNSWLPTITXMVWMUVLTUKSTJRSISTJTUKUVLTUKUVLTUK[\RabX[\Rij`bcYYZPef\de[cdZhi_ef\de[ef\ef\abXhi_^_Ufg]cdZ]^TklbedZih^ih^nmchg]ih^gf\ih^_^TbaWih^_^TbaW[ZPhg]a`V^_U^_UabXef\ef\abX]^T]^T]^TZ[Q\]S^_U\]S\]S]^T\]S^_U[\R]^TYZPZ[QstjVWMRTHRTHSUIHJ>FH<@B6IK?SUIOPF`aW^_U_`Vij`ef\_`VbcYUVLRSIFG=?@6FG=STJPQGbcYfg]pqgmndij`mndjkaZ[QPQGFG=PQGWXN\]S_`Vij`vwmuvlwxnvwmqrh_`VZ[QabX^_UbcYnoeqrhpqgqrhhi_jkabc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cdZfg]gh^aeZ_cX^bW`dY`dYX\QX\Q`dYcg\`dYdh]\`UaeZaeZimbtxmmqfswlwzqy|s~x{}¿{|rTXMOSH@D9GK@RVK]aV`dY]aVZ]TY\SY\SXYO_`VOPFXYOXYO^_UVWMRSI]^TVWMabX^_UabXgh^[\R_`VVWM^_U[\RTUKVWMXYOWXNYZP[\R`aWZ[QZ[QWXNTUKWXNRSILPEPTIUYNTUKZ[QVWMYZPYZPXYOVWMUVLYZP]^T_`VabXcdZ`aW_`VbcYhi_jkagh^cdZbcYcdZbcYde[cdZjkade[de[cdZklbij`hi_abXgh^gh^fg]]^T`aWgh^[\R^_UZ[Qfg]ef\ef\cdZ\]S[\R^_UabXabX^_UXYObcY_`V^_U^_U^_U\]S]^T_`V]aU[_S\`TVZNW[OLPDLPDMQEIK?CE9GI=TUKLMCFG=UVLYZP[\SabYgh^de[`aW^_UXZNNPDGI=LNBFHFJ>BF:DH@4GI=CE9@B6BD8DF:AC7BD8IK?CE9?A5BD8LNBRTHSUIQSGMOCCG;HL@GK?NRFRVJPTHPTHFJ>GK@FJ?KODMQFIMBKODQUJPTIOSHOSHQUJOSHQUJUYNTXMUYNUYNMQFPTIRVKMQFRVKHLATXMRVKLPEOSHLPEHLAKODJNCOSHRVKPTIQUJJNCIMBNRGNRGPTIPTIJNCFJ?NRGKODLPEGK@GK@MQFOSHNRGNRGMQFKODLPEQUJUYNUYNRVKOSHQUJUYNTXMPTIMQFJNCKODRVKSWLOSHNRGPTIOSHKODZ^SNRGOSHJNCKODFJ?FJ?KODOSHQUJRVKOSHNRGQUJQRHSTJNOEKLBPQGLMCSTJKLBSWLQUJKODKODOSHQUJPTIRVKRVKSWLOSHPTIVZOVZORVKUYNUYNMQFMQFNRGRVKKODNRGQUJHLAPTIQUJRVKMQFSWLNRGLPEMQFLPEMQFKODSWLSWLRVKJNCMQFTXMOSHKODNRGIMBHLAVZONRGOSHPTIIMBQUJ\`URVKKODPRFWYMRTHSTJTUKRSIUVLSTJSTJ\]SYZPVWMOPFQRHPQGUVLWXNWXN[\R]^T[\R\]S`aWbcY[_TX\QY]RX\QRVKTXM\`U^bW\`U^bWbf[dh]bf[aeZei^jncilcy|s|vuxotwn~x|||v|}cdZQUJFJ?JNCEI>TXM[_TVZOUYN\_V^aXX[RTUK]^TTUKXYOTUKZ[Q^_UabX`aW[\RXYOVWM]^TbcY^_U_`VZ[QZ[QabX`aWUVLWXN^_UXYOZ[Q\]SXYO\]SZ[QSTJUVLTUKMQFQUJNRGSTJRSIXYOYZPabXZ[QZ[QZ[Q[\RZ[QZ[Q\]S_`V^_U^_UabXhi_jkagh^fg]hi__`VabX`aWbcYfg]ij`hi_klbbcYbcYef\bcYjkajkamndij`_`Vfg]cdZde[`aWef\gh^de[bcY\]SZ[Q\]S]^T_`V_`V]^T_`V^_U]^T\]SYZPWXNWXNXYOVZNX\PZ^RSWKRVJFJ>>B69=1<>2DF:MOC^_UbcY[\R_`VcdZhi_klbfg]_`VYZPOQEDF:AC7EG;AC7JL@STJUVL`dYmqfjncklbhi_`aWRSIIJ@KODTXMW[PTXMOSHZ^Sgh^mndpqhnofhi`]^Tde[cdZbcY`aWbcYnoestjgk`X\Q\`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`VWXNQRH\]SWXNUVLVWMXYOXYO[\R]^T[\Rbf[Z^SVZOX\Q\`U`dY_cX[_T`dYaeZcg\bf[_cX_cXcg\jncjmdoriqtkx{r|v}wĿ½¿uvmNOEJNC>B7JNCPTIQUJUYNY]RY]RW[PY]R^bW\]S]^TZ[Q\]S\]S^_U_`VXYO\]SbcYYZPVWMXYOXYO]^TabXWXN[\R]^T\]S[\RWXNVWMWXNZ[QWXNVWM\]SZ[QPQGPQGRSISWLTXMNRGRSIOPFSTJUVL^_U^_UYZPVWMYZP^_U`aW^_U\]S[\R[\R^_UcdZef\de[ef\hi_ef\jkade[ef\bcYhi_cdZde[cdZcdZfg]de[ef\bcYde[cdZ`aWde[gh^ef\`aW^_Ude[^_Ude[bcYde[ef\bcY`aW]^TZ[Q\]S^_U`aW_`V\]SYZPVWMTUKRVJUYMRVJCG;>B68<0:>2<@4DF:RTHVWMcdZrsilmcde[ef\abX_aUVXLOQEMOCDF:=?3BD8AC7JL@STJXYOabXpqgptifj_noe]^TSTJFG=HI?MNDW[PTXMVZOX\QcdZuvlwxnmndgh^ef\WXN\]S]^TbcYef\ef\hi_de[aeZSWLIMBSWLNRGMQFLPETXMMQFLPEIMBJNCLPENRGJNCGK@GK@IMBKODCG>@4AC7@B6@B6DF:DF:BD8DF:FH<@B6>@4CE9HJ>GI=CE9FHEI=HL@JNBMQEPTHJNBFJ>EI>HLANRGOSHKODMQFTXMW[PSWLNRGNRGSWLTXMPTINRGOSHQUJLPENRGOSHOSHUYNMQFQUJPTIVZOSWLNRGNRGNRGMQFJNCNRGJNCLPEMQFOSHOSHIMBGK@KODKODTXMQUJOSHIMBMQFKODJNCLPEMQFOSHRVKQUJNRGPTIQUJUYNVZORVKNRGMQFNRGNRGQUJOSHLPEKODMQFPTINRGIMBLPENRGOSHEI>QUJJNCHLARVKMQFRVKSWLQUJQUJPTIQUJUYNUVLWXNRSITUKQRHPQGSTJTUKNRGTXMX\QY]RW[PPTINRGQUJRVKRVKOSHNRGOSHLPEJNCLPELPENRGTXMQUJSWLOSHQUJOSHPTITXMJNCVZOUYNMQFQUJNRGLPEQUJY]RKODJNCNRGNRGMQFPTIJNCHLAMQFPTINRGMQFQUJIMBHLAJNCJNCNRGQUJPTIVZOQSGTVJOQEPQGSTJRSIUVLUVLTUK\]S_`VWXN^_UUVLTUKXYOXYOWXNWXNWXNWXN[\R]^TYZP`dY^bW\`U]aV`dY`dY^bW_cX]aV^bW`dY`dY_cX`dYfj_lpehkbnqhknelofuxo}ſý]^UIJ@FJ?BF;AE:LPESWLUYNTXMVZO\`U\`UX\QUVLZ[Qfg]cdZ^_UYZP_`V[\RWXNbcY^_UYZPYZPWXNZ[Q_`VZ[Q\]SVWMVWM^_UZ[QRSIVWM\]SWXNUVLYZPXYOPQGNOEOPFUYNTXMUYNSTJVWMOPFRSIVWM^_UYZPUVLXYO_`VbcY_`V[\R_`V`aWabXcdZef\gh^gh^fg]abXgh^ef\ef\ef\klbfg]de[ef\ef\gh^hi_hi_de[de[fg]ef\fg]gh^hi_^_U^_Ufg]`aW^_U[\RZ[QYZPWXNZ[Q_`VbcYYZP]^TabXbcYabX]^TVWMPQGDH=FJ?DH=>B7=A6>B7DH=JNCYZPde[de[ef\lmcjkade[ef\`bVXZNPRFKMAGI=EG;GI=JL@IJ@STJ[\R`aWij`qrhopfgh^de[PQGFG=FG=QRHYZP^_UTUKSTJmndwxnvwmstjgh^abXTUKPQGWXNYZPYZPWXNWXNbcYgh^\`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`UW[POSHRVKSWLPTIQUJX\QIMBLPEUYNSWLOSHPTIKODKODLPEIMBLPEPTIPTISWLMQFIMBJNCOSHOSHKODKODTVJUWKRTHQRHQRHPQGRSIUVL_`V[\RcdZ^_UVWMXYO`aWUVLVWMWXNYZPXYOVWMZ[Q]^T[\R[_T`dYaeZ`dY_cXZ^SX\Q`dYVZOZ^S^bW`dYaeZcg\hlalpegk`oshimbei^pti|ſz{rNOFIJ@FJ?LPE=A6MQFPTIQUJOSHSWLZ^S\`UX\PXYOZ[Qef\]^TXYOUVL_`V^_U]^T^_U]^TWXNYZP[\RWXNZ[Qde[YZPZ[Q^_UYZPZ[Q]^TWXN[\RXYOVWMUVLVWMWXNSTJRSITXMTXMW[PWXN]^TUVLUVLWXN]^T^_U]^T\]SZ[QZ[Q[\R\]S`aWbcYabXabXef\ij`gh^abX`aWde[ef\abXij`lmcklbef\cdZbcYde[hi_hi_fg]ef\hi_de[ef\abXhi_Z[Q_`VbcY_`V`aW^_U^_U]^T[\R^_Ude[ef\XYOYZPZ[Q[\RYZPUVLMNDFG==A6<@5<@5DH=JNCMQFOSHVZOabXfg]noejkaabX`aWbcYbcYPRFGI=HJ>GI=?A5CE9KMAHJ>WXNPQGbcYrsijkaij`klb_`VLMCDE;AB8KLBQRH\]S_`V]^Tgh^stj{|r{|rvwmTUKLMCJL@IJ@QRHTUKWXNTUKRSIXYO[\RSWLW[P\`UUYNQUJQUJSWLNRGNRGMQFKODQUJNRGSWLQUJPTIIMBPTIOSHLPEGK@GK@EI>HLAIMBJNCMQFTXMMQFMQFKODMQFHL@MQEEI=EI=KOCGK?DHDF:FHFJ>EI=GK?MQEZ\PVXL\^RTVJWYMXZN[]QXZNcdZ_`V`aWXYORSITUKSTJXYOabX_`V_`V^_UYZPXYO[\R^_UUVLUVLWXNQRHSTJ[\RYZPWXNX\QZ^SVZO\]SZ[Q^_UYZP[\R`aWabX`aW^_U\]S]^T_`V_`VbcYabX_`V`aWef\ij`gh^abXhi_ij`ij``aWhi_gh^hi_cdZbcYbcYabXef\cdZcdZ`aWbcYef\fg]_`Vhi_Z[Q^_U[\RYZP_`V_`VbcYcdZ`aW]^TZ[QTUKWYMTVJQSGOQEMOCHJ>CE9@B6AE:FJ?IMBQUJNRGLPENRG[_TabX[\Rgh^ij`]^T\]SXZNNPDEG;AC7HJ>LNBGI=NPDXZNUVLX\Q`dYnoeqrhij`de[\^RNPDBF;DH=EFFJ>GK?DF:EG;?A5FH@4DF:CE9>@4>@4GI=MOCJL@GI=GI=EG;GI=DF:HJ>NPDNPDKMAKMAJL@EI=EI=IMAJNBJNBJNBGK?JNBEI>HLAIMBIMBLPEKODJNCLPEIMBMQFGK@KODMQFNRGSWLMQFLPELPEQUJPTIRVKNRGQUJSWLOSHNRGOSHQUJKODHLANRGPTIMQFKODNRGMQFMQFMQFJNCLPENRGJNCNRGLPEQUJMQFNRGHLAHLALPENRGPTISWLSWLNRGLPEW[PRVKLPEJNCLPENRGOSHNRGJNCMQFLPEGK@GK@KODLPEJNCTXMMQFLPEQUJOSHKODPTILPEQUJPTIKODGK@KODMQFLPEJNCNOEMNDOPFLMCHI?KLBMNDVWMSWLTXMUYNVZOVZOQUJSWLZ^SUYNNRGKODLPEMQFNRGNRGKODNRGOSHPTIHLAMQFPTIW[PUYNY]R[_Timb[_TVZOVZOMQFNRGPTIPTIUYNUYNW[PPTIQUJOSHOSHLPEKODLPENRGVZOUYNKODJNCQUJNRGMQFQUJSWLTXMOSHSUIQSGRTHPQGOPFOPFNOEXYOabXZ[QRSI[\RWXNTUKPQG[\R\]SVWMTUKXYO]^TbcYbcY^_UaeZ]aVZ^S]aV`dY\`UX\QX\Q]aV`dYbf[aeZaeZcg\gk`jncuxonqhhkbqtkuxopsjpsjori{|s{~v~v}~þ¿xypWXOLMDHI?MQFQUJRVKRVKOSHCG<37+.2&59-6:.15)@B6GI=RTHMOCOQEQSGSUIY[OYZP[\R_`V`aWSTJMNDXYO\]SZ[QcdZ`aW[\R]^TXYOVWM`aWUVLWXN[\RTUKSTJZ[QZ[Q[\R]aV^bWVZOYZPYZP`aW\]S\]SabX`aW]^T]^T`aWef\ef\cdZij`abX_`Vef\ij`gh^fg]hi_fg]ij`hi_cdZef\fg]gh^fg]bcYef\cdZgh^cdZfg]de[gh^fg]hi_cdZij`bcY`aW^_U^_UcdZ`aW^_U^_U]^T^_U\]SUVLNPDJL@IK?JL@HJ>EG;EG;HJ>HLAQUJTXMVZOLPEJNCMQF\`Ugh^XYO_`VabXXYOTVJIK?=?3BD8BD8EG;JKALMCNOEVWM_`V_cXptinrgde[bcY[]QLNBDF:GK@LPELPEXYOjkatukuvlxyoji_tsipoedd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cXY]R`dYnrg`dYY]RUYNSWLUYNNRGY]RW[PQUJSWLOSHW[PKODPTIJNCJNCNRGQUJTXMQUJKODNRGX\QSWLQUJQUJOSHRVKNRGWYMRTHSUISTJUVLUVLRSI\]Shi__`VTUKUVLWXNRSIRSI]^T`aWZ[QYZP]^T`aWbcYcdZbcY`dY\`U]aVaeZ_cX\`U]aV_cX_cXcg\fj_ei^ei^gk`kodmqfrulrulkneilcjmdkneorikneyzq~v|}t}~u}~uy¿|[\SHI@HI@OPFUYNW[P_cXbf[W[PHLA=A56:.26*26*48,:<0<>2@B6=?3EG;LNBEG;HJ>JKAPQGUVLfg]]^TTUKfg]_`V_`V^_UbcYbcY\]S\]S_`V[\R[\R]^TcdZ[\RUVLYZPXYO^_U]aV[_TX\QQRH[\R^_U`aW\]S]^T_`V_`V]^T]^TabXef\gh^ij`\]SYZPbcYef\]^T^_Ugh^ef\lmcij`ij`cdZef\bcYef\ef\hi_ef\gh^`aWbcY_`VbcY[\R^_U\]S_`VabX]^TabXde[]^TYZPXYOWXNWXNUVLMNDBC9AC7@B6CE9JL@KMAHJ>LNBSUIZ^SVZOGK@BF;AE:OSHZ^Shlalmd_`VbcY]^TOPFGI=@B6BD8CE9GI=DE;HI?UVLUVL]^Uuvmpsjei^bf[de[YZPKMAGI=KK?FJ?OSHUYN[\Rtukwxnwxn{zpkj`baWRQGSSGDD8PRFCE9MOCRSIRSIOPFTUKVWMSTJSTJOPFKODPTINRGUYNLPETXMPTINRGOSHPTIOSHKODVZONRGKODMQFKODJNCNRGMQFOSHDH=DH=GK@PTINRGKODNRGJNCOSHIMBDH=HL@GK?FJ>HL@DHFJ>LNB?A5@B6@B6DF:HJ>BD8GI=HJ>IK?EG;BD8HJ>NPDKMAEG;HJ>FHLNBJL@CE9AE9HL@IMAPTHOSGIMAQUIRVJMQFKODCGB78<18<1:>2<@4CG;GK?BF:=A6>B7?C8BF:IMBKODTXMW[P[\Sde\^_Vhi_abX]^T^_U^_UY]RX\QZ^SabX]^TWXN[\RXYO[\RXYO\]S]^T\]Shi_`aWZ[Q_`V\]S`aW^_UTUK\]S\]SabXklbef\gh^ef\bcYbcYbcYij`Z[QZ[Qgh^de[ef\klbbcYij`]^T_`V]^T_`Vhi_jkaef\bcYabXabXbcY`_U`_U_^T`_UdcYdcYa`Va`V[]QSUITVJMOCKMANPDHJ>EG;CG;>B6IMAMQEUYM]aUTXLW[OPRFFHEG;JKATUKSTJXYOcd[klcrsjlmdef]abXTUKMNDAE9FJ>LPDOPFTUK\]Shi_uvl}~txyopqg^_UQRHDE;MNDMNDCD:HI?LMCMNDNOENOEQUJPTIJNCJNCIMBGH>LMCQRHRSIQRHTUKUVLRSIRVKOSHNRGOSHOSHLPEJNCJNCGK@PTINRGGK@JNCMQFKODIMBLPELPEOSHHLAIMBPTILPEPTIRVKHLAEI>MQFIMBEI>GK@AE:EI=AE9@D8@D8IMAEI=DHJNBFJ>CG;CG;IMADHJNCHLALPENRGFJ?EI>LPEKODLPEQUJJNCPTIIMBKODMQFSWLSWLFJ?FJ?IJ@JKARSIVWMQRHPQGTUKUVLOSHSWLQUJMQFNRGOSHNRGOSHLPEPTIKODIMBMQFLPEMQFVZOQUJQUJLPEPTIOPFQRHNOETUKMQFHLANRGVZORVKLPEMQFMQFJNCGK@LPEOSHKODLPEOSHIMBMQEEI=IMAGK?NRFMQEOSGRVJRVKNRGLPEPTISWLNRGKODOSHMNDMNDPQGRSIQRHSTJSTJPQGMQFUYNbf[W[PUYNKODGK@OSHRVKNRGNRGOSHLPENRGPTIMQFTUKSTJTUKUVLSTJOPFQRHVWM\]SWXNVWMRSIRSIVWMVWMYZPY]RVZORVKOSHOSHOSHPTIQUJRTHUWKNPDSUITVJNPDSUITVJQUJTXMOSHUYNRVKUYNUYNVZOMQFOSHOSHJNCLPEZ^S^bWQUJ[\RXYOLMCPQGLMCSTJTUKOPFWXN\]S]^TTUK\]SZ[Q\]S\]S[\R[\R[\R`aW^_U\]Sde[fg]fg^mnenofklcklcpqhopgijahkborioriilclofhkbdg^rul{~u~xwzqy~zvyp{ľſľýxypMQECG;CG;JNCRVKY]R[_T^bWuvlbcYZ[Q\`UX\QNRGJNCIMBCG;EI=GK?UYMW[OPTIOSHFJ?QUJIMBGK@LPEVZObcYcd[`aXcdZ_`V^_U^_U^_UW[PW[PX\QZ[Q[\RYZPbcY`aW_`V\]S\]S^_U[\Ref\bcYbcYfg][\RWXNXYOWXN_`V`aWde[gh^`aWabXcdZgh^cdZjkaij`ef\_`Vklbfg]fg]hi_`aWef\_`VbcYbcYcdZhi_ij`fg]cdZ`aW]^T^_U`_UbaWbaWdcYhg]edZa`V`_U\^RQSGHJ>>@48:.=?3DF:KMARVJQUI^bVaeYcg[`dXNRFIMAMOC?A5HJ>YZPef\fg]\]S[\RUXIIL==?3;=1>@4AC7EG;HJ>LMCOPFUVLYZP_`Vklbjkbklcgh^cdZYZPJKADE;DH=LPDNRFVWM_`Vjkarsiz{q}~ttukij`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`UQUJTXMRVKNRGJNCRVKQUJQUJPTILPELPENRGNRGVWMSTJRSITUKSTJNOEMNDPQGRSIPQGSTJSTJTUKWXNSTJTUKW[PVZOTXMPTIMQFNRGSWLX\QSUIRTHSUISUITVJQSGNPDSUIOSHRVKRVKUYNW[PUYNW[PUYNOSHRVKTXMRVKRVK[_T]aVTXMVWMXYOQRHSTJLMCPQGUVLUVLWXNXYOXYOSTJ[\RXYO]^TabX[\R`aWabXabX^_U`aWgh^fg]ijalmdpqhrsjqrinofmnemneknelofjmddg^hkbkneknewzqy|s{~xy|{zſ¼¼¼VWN59-IMAOSGPTISWLQUJVZO_cXtukhi_XYOUYNVZOX\QW[PDH=<@4EI=GK?Y]Q]aUSWLW[PPTIKODGK@QUJTXMZ^Sde[`aWde\fg]cdZde[`aWabXYZPZ^SZ^ScdZde[[\R`aW\]SZ[Q^_U_`V]^TXYO^_U\]S^_Ude[\]SWXNTUKZ[Q]^T^_UcdZbcYabXfg]fg]ij``aW`aW_`VcdZde[opflmclmcij`cdZcdZ_`V`aWbcYabXbcYcdZcdZcdZbcY`aW`aW[]Q]_S]_S^`T^`TWYMOQELNBIK?DF:AC7FHLMCQRHKLBVWM`aWgh^abXhi_bcYfg^[]QRTHGH>DE;EFKLBPQGQRHSTJPQGOPFSTJPQGLPELPELPENRGIMBOPFUVLTUKRSIVWMVWMSTJTUKLPEPTIOSHMQFPTIW[PUYNLPEHLAIMBHLAIMBLPEJNCJNCRVKRVKSWLIMBNRGOSHHLALPEMQFGK@KODEI>HLAOSHHLAEI>HLAHL@DHDHKOCLPDFJ>GK?GK?EI>LPEHLAKODHLAOSHKODMQFKODIMBIMBFJ?FJ?IMBFJ?GK@IMBJNCEI>GK@KODNRGOSHGK@JNCLPEMQFIMBMQFQUJLPEKODPQGPQGRSIPQGPQGTUKRSIIJ@MQFMQFOSHPTIMQFIMBJNCPTINRGQUJSWLQUJNRGLPEQUJW[PTXMQUJMQFPTIMQFLMCJKARSINRGMQFLPEIMBGK@MQFOSHIMBKODLPENRGOSHMQFKODKODKODPTHLPDIMALPDIMAPTHKOCQUIOSHTXMVZORVKMQFJNCHLAFJ?QRHQRHRSIOPFMNDSTJXYOWXNPTIUYNRVKMQFRVKQUJPTIIMBIMBMQFOSHNRGOSHOSHRVKX\QYZPUVLTUKXYOYZPTUKQRHQRHPQGNOERSIRSITUKUVLOPFNOERVKTXMTXMRVKNRGMQFNRGPTITVJQSGVXLRTHRTHSUILNBUWKLPENRGQUJPTIVZOOSHUYNQUJLPELPEOSHOSHMQFPTISWLPTITUKUVLOPFRSIQRHWXNZ[QYZPXYOVWMUVLTUKYZPUVLYZP`aWZ[QcdZcdZ^_U[\R_`Vfg]cdZcd[gh_nofpqhmnegh_cd[cd[fi`dg^eh_dg^gjanqhpsjtwnx{ry~xx{ry|~vHI?<@4KOCNRFUYNUYNNRGUYN^bWmndpqg`aWTXMPTISWLVZO=A5@D8EI=FJ>OSGNRFDH=FJ?FJ?EI>OSH\`U]aV\`U`aW]^TbcYcdZ_`V`aWYZP\]SWXN\]S\]Sde[fg]_`VbcY^_UWXNZ[QWXNZ[QYZP^_UZ[QWXN\]S[\R\]S_`Vgh^cdZbcYfg]bcYbcYhi_ef\hi_ij`abXfg]cdZfg]gh^ef\ij`ij`gh^ef\bcY`aWcdZef\cdZabX`aW_`V_`V]^TYZP\^RZ\PTVJOQELNBFHJKAOPFIJ@PQGTUKQRHWXNOPFPQGPQGKLBKODOSHPTIPTIJNCJKATUKVWMUVLZ[QWXNPQGRSILPEPTIOSHKODNRGUYNVZOQUJKODMQFLPEMQFOSHIMBFJ?LPELPEOSHIMBIMBIMBEI>KODOSHLPEFJ?EI>LPEKODJNCNRGGK@FJ>DHEI=FJ>OSGLPDNRFLPDMQEGK?FJ>FJ>JNBJNBGK?GK?IMAHLAJNCFJ?HLAHLALPEIMBKODKODJNCJNCHLAHLAIMBJNCKODDH=NRGLPEKODLPEKODLPEHLAKODKODJNCJNCPTISWLOSHMQFKLBPQGSTJPQGMNDOPFRSIRSIPTINRGOSHOSHKODIMBLPEOSHQUJPTIQUJRVKOSHOSHPTINRGMQFKODIMBMQFLPEHLAHLASTJLPENRGMQFHLAHLAMQFOSHKODKODLPEJNCJNCMQFLPEKODMQFPTHLPDJNBKOCIMAMQEIMANRFMQFJNCLPEQUJPTILPEJNCJNCQUJRVKSWLNRGKODPTIUYNSWLOSHQUJLPEPTIQUJIMBMQFMQFKODPTIOSHMQFOSHNRGOSHVZOSTJPQGRSIWXNYZPUVLRSIQRHSTJOPFQRHPQGRSITUKPQGPQGTXMSWLRVKRVKRVKPTIMQFJNCRTHSUIVXLQSGOQEOQENPDXZNOSHPTIOSHOSHQUJMQFRVKOSHOSHMQFMQFNRGMQFMQFPTISWLSTJTUKNOEPQGTUKWXNZ[QXYOVWMTUKUVLVWMXYOUVLWXN\]S[\RcdZabX]^T_`Vde[klbjkaopfstjpqghi_cdZef\fg]cdZfj_aeZei^ei^gk`oshswlswlx{rx{ruxoori~x}ľ¼¼¼ij`KLBGK?CG;DHOQETUK_`V^_U]^T[\R_`VjkacdZeg[^`TXZNMOCEG;DF:GI=NPD\]S[\R\]S]^TXYOPQGGH><=3<@4BF:IMAJNBGK@GK@PTI\`UabXhi_lmcrsief\cdZOPFKLBFHIMBPTIMQFOSHIMBFJ?HLAKODEI>EI>MQFIMBAE9BF:DH2:>2BF:=A5BF:IMBAE:NRG]`Wgk`Z^STXMW[PYZP_`V\]SY]R[_T\]S\]S\]S_`V]^T[\R]^T[\R]^T[\R]^T\]S]^T\]SYZP]^TbcYbcY`aWabXabX]^T[\R]^T]^T^_Ude[ef\bcYef\de[fg]bcYef\`aWde[bcYde[lmclmcjkacdZbcY^_U_`VabXacW\^R[]QXZNSUIRTHOQEDF:=?3CE9BD8?A5EG;QSG[]QacWY]Rbf[dh]bf[`dYei^hla^bW_aUVXLJL@@B6>@4DF:QSG\^RbcY_`VZ[QWXNLMCCD:DF:BD8CG;EI=GK?FJ?EI>HLATXM_cXklcjkahi_hi_]^TZ[QGH>BC9DHOPFUVLVWMhi_rsinoeeg[ik_`bVOQEJL@TVJZ\PVXLNOEGH>EFHLAJNCGK@GK@KODMQFTXMLPEKODQUJKODPTIHLAMQFDH=CG@D8BF:FJ>HL@IMAHL@KOCEI=HL@HL@IMADHJNCLPEMQFMQFKODKODOSHMQFJNCKODOSHPTINRGKODIMBKOCGK?MQEGK?LPDIMAIMAHL@MQFPTIUYNQUJJNCNRGTXMPTIOSHOSHQUJPTIOSHRVKW[PW[PSWLSWLOSHPTIKODKODKODEI>JNCKODJNCJNCNRGPTIQUJRVKTUKTUKWXNZ[QXYORSIPQGQRHRSIOPFQRHPQGRSIUVLTUKVWMTXMTXMTXMRVKPTIPTIQUJSWLQSG[]QWYMWYMRTHIK?OQEQSGMQFSWLOSHW[PQUJRVKPTIPTIOSHQUJPTIPTIRVKPTIOSHSWLQRHWXNTUKQRHYZPUVLWXNWXNXYOXYOWXNXYOTUKYZP\]S\]SabXbcYYZP\]Sde[cdZef\ij`pqhpqhrsjuvmrsjjkbde\bcZorifi`ilcjmdhkblofqtkwzqsvmnqhknekneruluxoy~¼ýxyoRSINOEAE9AE9SWKZ^SW[Pcg\kodcg\abXqrh^_U=A6:>2<@46;,49*15)9=1AE9>B6FJ>OSHPTI\`UZ]Tbe\_cXZ^S[_TZ[QZ[Q`aWY]R^bW\`UabXZ[Q`aW\]S[\R]^TYZPde[_`VcdZbcY[\RZ[Q_`V^_U\]S]^T_`Vde[gh^bcYlmcfg]hi_cdZde[hi_bcYde[cdZde[ef\noeij`ij`de[fg]lmcfg]bcYYZP`aW^_Ude[fg]ceYVXLRTHQSGHJ>EG;EG;AC7DE;PQGTUKPQGVWMbcYhi_jkaei^`dY_cX[_T\`U`dY\`UTXMPTHGK?<@4;?3@D8JNBX\P_cWWXNXYONOEEF<<=3>@4HJ>DF:JNBFJ>EI>HLAKODOSHX\Qbf[gh_ef]cdZ[\ROPFKLBEFOPFOPFGH>LMCEFJNCKODHLAHLAHLAOSHSWLNRGHLAFJ?HLAQUJLPENRGBF;AE:LPELPEHLAEI>HL@EI=DH@D8@D8AE9BF:FJ>GK?KOCGK?NRFOSGNRFFJ>DHB6NRGY]R]aVaeZ^aX_bYad[]aVabX\]SSTJ`bV[_Tcg\_cXgh^]^Thi_de[ih^hi_]^Tef\YZP_`Vde[_`Vde[ef\cdZ_`V^_U_`VcdZfg]abXcdZ]^Tgh^fg]fg]klbbcYcdZhi_`aWde[ef\gh^abXgh^ij`stjhi_`aWRSI[\RVWM[\RXYOWYMFHB6FJ>QUIW[O[_SZ^R\]TSTJ@A7<=3@A7IK?SUILNBMQEFJ>GK@QUJVZOVZO\`Ufj_cd[`aX^_VRSIHI?FG=IJ@RTHMPGSVMgk`klbfg]ceYjl`aaURTHRTHSUIVXLZ\PZ\PTVJMOCJKAGH>KLBFG=GH>LMCIJ@KLBKLBMNDJKAJKAJNCLPEMQFFJ?HI?HI?MNDSTJTUKRSILMCEFHLAMQFCGGK@QUJOSHOSHNRGKODPTIOSHPQGXYOUVLNOEOPFPQGPQGRSILPEGK@MQFSWLOSHPTIW[PVZOPTISWLLPEHLANRGNRGKODNRGNOEQRHSTJKLBQUJOSHMQFFJ?EI>LPEJNCFJ?KODMQFKODMQFMQFGK@KODNRGHLAHLAOSHPTIJNBLPDNRFQUIMQERVJKOCMQE^bWTXMRVKSWLPTIZ^Shlakodcg\Z^SUYNSWLPTIQUJUYNY]RSWLJNCOSHUYNJNCNRGKODUYNMQFIMBKODMQFJNCMQFQUJNRGRSIPQGRSIVWMVWMRSIPQGRSIPQGOPFSTJRSIRSIUVLUVLYZPVZOSWLQUJQUJTXMUYNTXMSWL\^RXZNWYMOQEPRFTVJQSGXZNUYNVZOW[PTXMVZOOSHUYNRVKOSHX\QW[POSHNRGNRGPTIUYNNOEUVLRSINOEYZPSTJTUKSTJXYOSTJTUK^_UVWMUVLTUKWXNZ[QabX\]S_`Vhi_fg]gh^jkagh_opgvwnvwntulqrinofjkbrulgjagjaknenqhloflofvypsvmtwnmpglofknewzqz}t|vľ½rsjW[POSHLPEEI>IMBIMBQUJaeZaeZX\QW[PTYJEJ;=A58<048,>@4DF:?A5>B7DH=GK@KODTXM^bWcg\fj_^bWgk`cg\]aV`dYabX]^T`aW^_UabX_`Vef\abXcdZ_`Vfg]]^T`aW[\R\]S]^TTUKfg]ij`bf[bf[_cX]aV^bW^bV^bVaeY]^T[\RabXef\bcYef\jkafg]ef\cdZ^_UcdZde[de[_`VabXabXfg]]^TWXNPQGHI?MNDNOEKLCCD;CD;KLBQRHVWM]^TcdZfg]abXQRHEFRTHRSI_`V\]S[\RPTH=A5:>2=A5FJ>IMAOSGIMACGCG;GK?FJ>LNBKMAJL@JL@KMALNBMOCLNBGK?HL@RVJNRGKODOSHKODIMBNRFPTHQUIUYMSWKOSGOSGIMALPDRVJSWKPTHMQEKOCKOCOSGPRFPRFKMAKMAKMAJL@OQENPDRVJGK?aeY\`TLPDMQEQUIGK?HL@HL@GK?IMAJNBGK?EI=IMAFJ>MQEJNBHL@JNBY]Qlpdgk_UYMIMAHL@NRFKOCHL@KOCMQELPDKOCOSGOSGKOCHL@IMAIMADHMQEIMAOSGNRFQUIMQEPTIOSHSWLOSHPTIUYNMQFKODRVJX\PLPDLPDSWKRVJTXLTXLMOCXZNPRFQSGUWKUWKKMATVJ[_SUYMTXLRVJLPDMQEQUIPTHQRHZ[Q`aW^_UYZPVWMSTJQRHTXMMQFLPEMQFKODKODQUJVZORVJMQEIMAW[PRVKSWLSWLRVKUYNY]RVZOY]R`aW]^T\]S]^T_`V_`VabXabXcdZcdZ_`VcdZcf]eh_twnrullofrulpsjkne`cZjmdlofknempgknelofwzqy|suxonqhloforimpgrul~xſýľ¼{bcYUYNPTIRVKCG?5=>4BC9FG=`aWhi_bcY_`V]^T_`VOQEFHLNB[]QbdXXZNYZPRSISTJEI=BF:AE9DHGK?EI=GK?IMAGK?GK?EI=MQEGK?DHHJ>JL@KMAJL@IK?JNBIMAPTHKODIMBMQFJNCIMBTXLTXLQUIQUINRFLPDPTHMQEMQERVJQUIJNBIMAKOCKOCJNBQSGRTHNPDNPDNPDMOCPRFNPDOSGGK?TXLKOCEI=IMAKOCLPDDHCG;BF:HL@FJ>HL@HL@IMAQUIY]Q^bVSWKIMAHL@MQEKOCHL@IMAIMAMQEKOCLPDMQEJNBHL@HL@GK?FJ>JNBJNBQUIKOCMQELPDJNBJNCGK@NRGJNCIMBGK@MQFLPEOSHPTIOSHNRGMQFLPEJNCLPEQUIRVJOSGX\PRVJMQEGK?UYMPTIOSHOSHTXMTXMQUJSWLPTIPRFMOCUWKLNBPRFLNBTVJMOCLPEOSHGK@GK@OSHPTIPTIMQFSWKSWKRVJPTHQUIRVJQUINRFNRFNRFKOCJNBMQENRFLPDKOCKOCPTHMQEMQELPDUYMPTHIMARVKOSHPTITXMVZOZ^Sswloshei^[_TRVKJNCPTINRGMQFHLALPENRG\`Uei^_cXVZOOSHDH=OSGMQEPTHQUIX\PUYMVZNRVJUYNRVKW[PTXMRVKQUJKODMQFUYMY]QPTHRVJUYMNRFQUIY]QRTHUWKLNBOQE[]Q^`TVXLXZNRVJPTHRVJSWKSWKX\PW[ONRFOPF[\Rde[bcYZ[QUVLUVLUVLMQFOSHRVKQUJMQFNRGPTIOSHNRFRVJRVJTXMJNCNRGRVKVZO\`UaeZ[_TVZO]^T_`V]^TYZPabX]^T`aWabXcdZfg]ef\ij`ad[be\mpgrulmpgmpgnqhpsjkneoriloforitwnpsjqtktwn~xz}tsvmrulvypwzqqtknqh}v||ľľſýuvmWXNSWLOSHUYNJNCQUJY]R_cXcg\_cXVZONRG<@46:.8<0;?38<0=?3DE;FG=PTIZ^SaeZbf[cg\cg\dh]fj_\`U]aV`dY`dY^bW_`V`aW_`Vfg]_`VXYO^_U`aW_`V\]ScdZbcYabX_`VbcYde[noebcY^_U^bWbf[bf[`dY^bW[_S[_S^bVfg]fg]^_U^_Uef\`aW[\RabXcdZfg]abX[\RRSIXYOTUKMNDOPFLMCLMCLMCQRHVWMXYO`aW\]TcdZde[de[fg]de[`aWbcYYZPHI?AB8@A7GH>UVLgh^gh^abX_`VYZPTVJDF:AC7BD8HJ>STJXYO^_U\^RMOCHJ>CE9JL@@D8HL@GK?KOCSWKRVJDHB7QUJfj_aeZ_cX`dYgk``dYOSHEI>IMBQUJRVKY]R`cZ\_VcdZpqg`aW]_SXZNPRFHJ>FHCG;EI=HL@LPDDHKOCLPDHL@NRFCG;HL@HL@EI=GK?HL@EI=CG;HL@CG;HL@GK?JNBNRFJNBSWKPTHIMAGK?IMAJNBLPDOSGPTHOSGKOCJNBLPDJNBJNBKOCIMAKOCNRFJNBPTHPTHSWKLPDLPDLPEFJ?RVKKODKODLPEJNCLPEEI>JNCNRGOSHMQFLPENRGQUJKOCNRFPTHQUIMQEJNBJNBMQELPEFJ?NRGUYNRVKNRGJNCHLARTHMOCRTHJL@RTHOQEVXLNPDRVKRVKIMBHLALPEMQFOSHOSHLPDKOCKOCLPDNRFOSGLPDHL@OSGMQEIMAHL@KOCJNBHL@IMAFJ>IMAFJ>HL@LPDX\PVZNPTHRVKOSHOSHX\Q\`UVZOaeZ^bWZ^SPTIPTILPEPTIRVKTXMIMBKODKODVZO]aVVZOOSHLPEIMBTXLPTHQUISWKW[ORVJSWKSWKW[PTXMVZOTXMPTINRGNRGVZOQUI^bVZ^RQUIOSGOSGSWKVZNWYMUWKRTHNPDSUIQSGNPDNPDNRFOSGPTHOSGRVJ[_S[_SSWKTUKYZP]^T[\RXYOUVLSTJQRHKODRVKVZOQUJMQFQUJUYNQUJQUIUYMUYMPTIMQFUYNUYNVZObf[\`UW[PX\Q]aV\]SZ[Q^_U`aWWXN[\R^_U^_UbcYcdZef\_bYcf]gjampgmpgknepsjsvmvypsvmmpgvyp|vy|s{~uvypuxotwnuxouxorulqtkqtkoriswluyny|s}~vz{r~v}ýý¼qrhVWMMQFOSHX\QUYNZ^S^bW]aV]aV^bWVZOHLA9=17;/9=1<@4;?3EFNOENOELMCQRHNOEUVLXYO_`Vef\cdZmndij`lmcfg]abXcdZ]^TTVJUWKLMCDE;JKAOPFSTJ`aWfg]_`V]^TY[OOQEHJ><>2BD8IK?OQEYZPZ[QTUKOPFCE9>@48:.=@1HL@OSGLPDMQEIMAFJ><@4>B6RVKbf[gk`bf[TXMX\QLPE=A6>B7EI>MQFPTISWL]aVfi`gjade[hj^^`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cXVZO]aV`dY\`U^bW`dY_cX]aVhlaei^gk`lpeptiy}rx|qwzqrulilcrulwzqtwnwzqorioshquj{t~wuynptiuynz~skodmqfpsj{~u~z{rwxoÿ¼¼}lmcTUKMQFfj_vznVZO_cXaeZW[PSWLY]RVZOHLA;?38<0:>2@D8GK@TUKbcYklbgk`ei^`dY^bWcg\dh]_cX\`Ubf[_cXgk`jnc`dYbcYgh^de[]^Tde[de[^_U]^T_`Vef\jkaij`ij`cdZcdZabXWXNcdZde[[_T_cXaeZ`dY_cX\`TZ^R\`TabX[\R]^T`aWYZPQRHOPFMNDLMCJKAEFEF2@B6CD:@A7PQGbcYcdZbcY^_U]^TXZNRTHHJ>CE9>@4KMASUIYZP_`VYZPGH>@A7:<0=?3@B6GJ;TXLPTHKOCJNB<@4@D8KOCW[O`dY[_TW[P]aVVZORVKEI>>B7;?4FJ?JNCPTI`dYhlagjailcik_WYMVXLJL@DF:BD8HJ>HI?IMAKOCIMAIMABF:DHEI=EI=DHCG;EI=GK?HL@GK?GK?GK?GK?JNBMQERVJSWLMQFJNCNRGOSHJNBQUIOSGOSGNRFIMAKOCMQEIMAIMALPDOSGMQEMQENRFJNBMQEKOCEI=GK?IMAIMALPDIMAEI=EI=HL@IMAFJ>IMAHL@KOCGK?EI=BF:CG;FJ>DHLPDMQFLPEHLAHLANRGIMBLPEFJ?DH=FJ?KODNRGJNCKODOSHOSHMQEHL@NRFMQEQUIKOCQUIQUIRVKNRGSWLLPEGK@OSHRVKVZOPRFRTHQSGOQENPDOQEPRFSUITXMSWLPTIQUJOSHKODOSHNRGKOCKOCOSGSWKSWKPTHNRFNRFIMALPDLPDLPDMQELPDLPDPTHKOCNRFPTHKOCJNBLPDPTHPTHJNCOSHOSHTXMX\QUYNQUJOSHIMBTXMW[PNRGSWLNRGNRGPTINRGOSHUYN[_TY]RRVKLPEIMBMQERVJSWKQUIMQENRFPTHRVJOSHQUJQUJSWLUYNUYNQUJKODOSGMQEPTHVZNX\PUYMSWKY]QQSGOQEUWKRTHRTHNPDSUIQSGPTHSWKUYMUYMTXLRVJQUIRVJZ[Q[\RYZPUVLQRHPQGQRHSTJRVKTXMW[PW[PTXMTXMTXMPTINRFMQETXLW[PTXMQUJZ^Sfj_NOESWL[_TVZOW[P`dY]aVW[P]aVVZO^bW`dY[_T^bWbf[bf[cg\jncdh]ei^mqfuynx}vz}tuxonqhqtkpsjnqhqtklofswlvzox{{tx|quynnrgjncnrgpsjvypy|syÿľſſuvlXYOHI?IMBei]kocQUJbf[imb^bWVZOVZOOSHDH=<@4=A5CG;QUJ`dYhi_de[^_Ucg\cg\_cX]aV_cX_cX^bW_cXaeZ`dYimbmqffj_hi_jkaef\abXgh^fg]\]S`aWde[hi_fg]abXij`de[bcYef\[\Rgh^]^T]aV`dY`dY`dYaeZ_cW\`T]aUW[POSHQUJSWLIMBEI>FJ?CG@4HJ>HI?RSI]^Tklbhi_cdZ[\RVWMLNBIK?DF:GI=IK?WXN\]S]^TYZPQRH>?5:<068,@B6NPDXZNUYMGK?AE9EI=BF:LPD[_SaeY\`TY]Q^bVX\PRVJCG;BF:?C7GK@NRGRVK^bWmqfkodad[`c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aeZjncTUKXYOde[\`UY]RaeZ[_TW[PY]RVZO[_T[_T[_Tcg\hlajncqtkmpggjajmdmpgorivypy|sy|sx{rvyprulrultwntwnuxovyp{~u|vwzqvypz}ttwnfi`mqfqujqtksvmqtksvm|}~ſzlmcWXNUVLTXLY]QPTHTXMdh]jncdh]^bWUYNIMBBF;IMAMQETXM^bWkodnoeabXTUK`dY`dY\`UZ^S[_T[_T\`U`dY]aV\`U`dYbf[aeZef\ef\]^TabXef\fg]^_Uef\ef\fg]abX[\RbcYcdZef\hi_gh^klbde[]aV]aV[_TY]R[_TX\PSWKRVJIMBFJ?FJ?HLAHLAJNCMQFNRGMND\]S[\R[\R]^TabX`aWklbij`klbef\cdZgh^ij`klbij`de[[\RPQGGI=@B6?A5GI=RTHSTJfg]cdZde[`aW\]SRSIFG=@B6@B6CE9NPDQSGYZPVWMQRHBD8BD8>@4GI=DF:IJ@QRHQRHKOCAE9@D8FJ>SWKY]Q\`TY]QOSGRVJW[OKOCDHDHBF:FJ>DHGK?BF:IMAGK?GK?BF:DHPTHIMABF:IMBMQFLPENRGHLAQUIVZNMQEKOCOSGJNBFJ>GK?PTHKOCNRFNRFHL@JNBNRFJNBLPDKOCFJ>IMAKOCJNBJNBEI=EI=FJ>DHJNBGK?CG;DHCG;@D8DH\`TaeYPTHNRFSWKVZNRVJHLARVKOSHMQFPTIMQFJNCKODJL@QSGZ\POQERTHGI=PRFWYMSWLTXMSWLSWLOSHOSHTXMNRGTXLLPDIMALPDOSGNRFNRFQUIMQEQUINRFIMAJNBLPDJNBIMATXLPTHOSGJNBOSGMQENRFKOCTXMTXMRVKVZOUYNZ^SQUJLPEKODNRGPTIMQFSWLNRGNRGNRGNRGNRGJNCHLALPEOSHPTIQUJLPDNRFKOCOSGMQERVJOSGOSGQUJRVKLPEOSHQUJRVKW[PSWLUYMTXLW[ORVJSWKZ^RRVJIMALNBQSGSUISUINPDNPDPRFTVJX\PY]QSWKOSGSWKUYMSWKTXLZ[QVWMTUKUVLXYOXYOTUKOPFPTINRGPTIQUJPTISWLY]R[_TY]QTXLPTHUYNTXMUYNkod_cXXYOQRH\]SZ^SVZOY]RUYNY]R[_TZ^S]aV[_Tbf[nrgqujrvkvypmpgmpgknehkbjmdmpgpsjpsjrulvypnqhtwn|vvyp|vz}t|vy|suxox{r{~ux{rtwnptiqujmpgpsjqtksvmz{~ľopf^_UOPFTUKVZNVZNW[O]aVcg\_cX\`U^bWVZOJNCIMB\`T`dX]aV[_TbcYef\`aW[\R^bW]aV[_TZ^S]aV\`UZ^S[_Tbf[_cX]aV\`U`aWfg]ef\\]S_`VbcYde[]^TbcY`aWcdZcdZbcYabXbcYgh^abXbcY]^TcdZZ^SW[PPTILPEKODFJ>>B6:>2?C8CG@4?A5OQELMCPQGUVLMND@D8FJ>KOCKOCZ^RZ^RZ^R[_SZ^RKOC<@4=A5:>2CG;FJ>JNBTXM^bWnrgmqffj_rvklofJMD<>2BD8>@4IK?_`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rvkTXMZ[QTUK^_UYZPUYNaeZ_cX_cXX\Q[_T\`UZ^Sdh]qujptinrgnqhilcpsjilcbe\knenqhlofpsjsvmy|sorix{r~y|sy{~uuxopsjx{r{}wvypz}ty}rtxmkneknelofmpguxoy|sy~~x}y|ſſ¼z~sY]RJNCLPEW[PX\Q_cX^bW[_TNRGOSH^bWUYNUYNKODY]R[_SaeYY]Q]aU\`TX\P`dXZ^R_`Wcd[cd[]^UZ[R_`WQRI\]TabYde\\]TYZQde\ijafg^gh_de[fg]cdZcdZ`aWgh^abXef\abX\]S]^Tde[^_U_`VVWMVWMUVLPQGKLBKLBDE;BC9IJ@FG=FJ?MQFSWLSWL[_Tbf[`dYei^abX`aWef\fg]jkacdZef\ef\ef\^_U_`Vef\gh^mndabXbcY\^RIK?GI=;<2>?5LMCMND]^TabXfg]cdZ]^TWXNBC9DE;EFOSGZ[QcdZ]^TabYZ[RWXNHI?34*<=3BC9QRHLNBPRFef\hi_opfrsirsisuieg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bcYLMCRSIVWMYZPTUKUVLJKASTJXYOYZPMNDPQGQRHUVLSTJSTJUVLRSIOPFVWMZ[QUVLcdZSTJPQGRSIMNDPQGSTJKLBOPFNOEUVLPQGSTJUVLVWMQRHRSIUVLTUKPQGRSIYZP[\RVWMMQFLPENRGQUJPTILPEMQFQUJQRHPQG[\R^_UQRHVWMRSITUKRSIRSIPQGPQGTUKX\QX\QTXMTUKUVLRSIQRHTUKUVLTUKTUKXYOZ[QSTJXYOLMCde[jkaSTJUVLYZPTUKVWMXYOYZP`aW\]S[\R^_UZ[Q[\Ref\hi_hi_opfhkbeh_^aXcf]cf]uxo{~uqtknqhrulvypwzq{~u{~ux{r{uxoqtkknesvm{~ux{rvypuxoz{rrsjrsjqrijkbmnetulrsjz{rwy|ſľ}`dYIMBHLARVKX\Qhlagk`X\QNRGMQFPTIUYNPTIZ^SUYNX\QW[P]aVZ^S^bW]aVX\QZ^STXM_`W_`WabYYZQ`aXabYTULYZQ^_Vgh_fg^de\lmdrsjmnefg^cdZcdZde[bcY`aWgh^bcYabXXYO\]SbcYde[^_U`aWQRHHI?MNDGH>EFIMAFJ>BF:FJ?KODGK@FJ?DH=DH=GK@EI>EI>EI>DH=CGIJ@PQGSTJNOERSILMCLMCJKANOESTJMNDJKARSIMNDIJ@IJ@JKAHI?HI?JKAHI@FG=EG;CE9HJ>DF:JKAJKBKLBFG=JKAOPFPQGMNDLMCSTJNOEKLBQRHLMCNOEMNDNOEOPFOPFQRHRSIKLBOPFNOERSISTJRSIRSINOEUVL[\RXYOWXNTUK_cXVZOLPEIMBLPEMQFMQFNRGWXNMNDSTJNOEPQGPQGRSITUKJNCPTIMQFKODIMBTXMTXMSWLLPEJNCOSHOSHPTIRVKOSHTXMIMAIMAJNBMQEOSGNRFMQEMQEMNDNOEPQGSTJRSIOPFLMCLMCMNDNOEPQGRSISTJQRHNOELMCKLBOPFTUKNOELMCNOETUKSTJPRFUWKOQELNBPRFZ\P_aURTHWXNLMCUVL`aWMNDOPFZ[QRSIVWMTUKLMCUVLUVLSTJUVLOPFOPFMNDQRHSTJRSITUKYZPYZP]^TOPFOPFVWMQRHPQGTUKRSIMNDSTJRSIKLBRSIOPFKLBQRHSTJSTJQRHNOEQRHXYOYZPUVLNRGPTIRVKRVKPTIOSHNRGMQFRSIUVLTUKUVLYZP^_USTJ[\R[\RPQGVWM[\RSTJSWLX\QMQFSTJRSIOPFNOEQRHTUKWXN\]S^_U[\RWXN_`VVWM_`V_`VUVLYZPYZPRSITUKYZP[\R`aW[\R[\RbcYde[gh^lmcgh^`aWef\\_V\_V^aXhkblofvypz}tmpgoriy|s~xvypvyp|vwzqsvmrulnqhjmdvyp~xx{rx{rz}ttulmneopgpqhlmdpqhyzq{|sopgtuly|ľ¼¼¼de\PTI=A6LPEdh]]aVcg\_cX\`UVZOZ^S^bWX\QUYN^bW[_TUYN]aV]aV\`U[_TZ^SY]RZ^S[_T^_U[\R`aWVWM`aW_`VXYOZ[Q\]SbcYfg]fg]ij`klbfg]]^TcdZ]^TcdZbcYef\hi_`aWTUKNOEOPFRSIPQGNOEYZPWXNTUKJKAPQGPQGUVL[\R]^T`aW^_Ufj_^bW_cX_cX`dYaeZaeZdh]de[bcY`aWde[cdZbcY]^T]^TYZP`aWYZPXYOUVLZ[QPQGAB8@B6FH4KLBGK@[_Tde[^_U]^TVWMQSGHJ>BD8>@4BD8LMCPQG]^Tijanofjkapqgmndklb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fh\QSGTUKMNDZ[QYZPRSIXYOZ[QQRHUVLSTJKLBWXN\]SPQGVWMPQGUVLQRHTUK[\RYZPUVLXYO]^Tij`QRHIJ@PQGNOEMNDQRHQRHPQGRSIMNDLMCMNDNOEPQGYZPTUKQRHMNDMNDQRHUVLVWMTUKNRGRVKTXMRVKQUJSWLTXMQUJTUKVWMRSIRSIXYO\]SSTJYZP\]SQRHWXN\]SQRHMQFRVKLPERSIRSIQRHQRHSTJRSISTJXYO`aW]^TZ[QYZPXYOYZPUVLWXN[\RXYORSIVWM[\R]^T]^TWXNZ[Q]^T^_Ude[ij`cdZ\]S_`V]`W[^U_bYgjanqhqtkvypmpglofuxo~xwzqtwn{~uvypmpgmpgoritwn~y|sqtkpsjfg^fg^opgwxotulrsjuvmuvmmneqrixyp~vy¼uvmKLB=A6CGFG=NOETUKUVL[\R]^TbcYPQG^_U^_U^_Uef\gh^cdZZ[Qklb`aWabXabX_`VcdZbcYabXgh^cdZZ[Q\]SWXNYZPWXNZ[QQRHTUKLMCSTJMNDHI?EFJKASTJOPFJKADE;FG=JKAWXNYZQgh_bcYXYOYZPRTHHJ>?A5?B3BD8IK?SUI`aWijamnelmdgh^mnd^_ULMC@A7EG;EG;HJ>@B6DF:HJ>AC7EG;FHFJ?CGHLAKLBKLBKLBPQGTUKPQGLMCIJ@LMCFG=JKAMNDDE;IJ@QRHFG=KLBNOERSINOEOPFJKALMCOPFMNDJKAKLBJKALMCPQGLMCKLBMNDLMCLMCMNDMNDLMCKLBKLBHI?CD:IJ@GH>IJ@JKADE;FG=IJ@OPFKLBNOEOPFNOERSIMNDLMCKLBRSINOEQRHNOENOEPQGPQGKLBKLBMNDUVLMNDJKAIJ@PQGLMCKLBRSIRSIRSIWXNSTJIMBFJ?JNCJNCFJ?HLAMQFMQFRSIIJ@KLBRSITUKRSIRSISTJQUJLPEJNCTXMNRGHLAEI>OSHKODNRGQUJMQFLPENRGKODIMBNRGNRGNRGLPEJNCKODMQFPTISTJOPFNOEOPFNOEKLBMNDRSIOPFOPFOPFPQGQRHRSISTJRSINOEXYORSIUVLSTJZ[QOPFLMCSUINPDSUIVXLOQEVXL_aUVXLTUKZ[QXYOUVLWXNXYOTUKVWMPQGPQGQRHVWM[\ROPFUVLVWMTUKPQGSTJYZPWXNQRHRSIXYO^_ULMCIJ@RSIUVLSTJQRHMNDSTJKLBLMCXYOLMCRSIZ[QYZPTUKPQGMNDOPFQRHSTJSTJTUKRSIUVLVWMTUKTUKWXNYZPXYOTUKQRHVWMXYOQRHTUKVWMSTJVWMWXNSTJQRHQRHLPEMQFTXMTUKTUKRSITUKUVLRSIQRHUVLYZP_`VabXSTJ[\R\]SUVLYZPXYOWXNVWMZ[Q]^T\]SYZPUVL[\RVWMTUK\]Sgh^ef\_`V_`VaeZ^bWbf[fj_kodhlaqujmqfhlagk`rvkswlnrgnrgjncgk`svmvypy|s|zrulloflofjkaij`mndqrhmndklbopfqrhrsiuvmtulpqhqrivwnw{ÿ\]SIJ@<@5MQF_cX\`Ufj_mqffj_`dY^bW_cXdh]hlagk`cg\aeZ\`UWZQY\S_bY_bY^aX_bY\_V\_V]^T`aWabX_`VZ[Q\]SYZP]^T]^TXYORSIMNDKLBMNDJKACD:FG=AB8STJXYOTUKKLBLMCLMCLMCNOE]^TbcY_`V\]SZ[Q\]SXYO^_U]^TcdZjkafg]bcY`aWjkacdZef\cdZabXgh^de[^_U]^T^_U[\R_`VVWMPQGFG=EFKMAHJ>XYO^_UTUKJKAFG=QRHWXN_`V`aXabYUVLRSISTJHJ>@B6AC7GJ;LNBPRF^`Tnoemneopgwklb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`Vyzpde[STJSTJPQGSTJNOERSIMNDXYOWXNSTJVWMNOEOPFQRHUVLUVLSTJSTJXYOTUKPQGRSITUKPQGOPFQRHPQGPQGJKALMC^_USTJSTJVWMOPFRSIOPFOPFRSIRSIQRHRSIUVLTUKUVLVWMWXNVWMUVLUVLUVLUVLSTJWXNXYORSIRSIYZPVWMUVLZ[QUVLNOEPQGOSHQUJW[PVWMTUKPQGPQGTUKTUKVWM[\RQRH^_Ugh^XYOde[cdZXYOXYOVWMVWMZ[Q\]S\]SYZPWXNXYO\]SWXNWXNbcYlmcjkacdZ`aW\`U^bWdh]hlakodbf[imbimbbf[]aVhlaptioshnrgnrgptirulx{rwzqx{ruxolofilchkbpqgnoenoenoejkahi_jkalmcopfrsiopflmdpqhwxoxyzqxxÿľxyoGH>GH>CGDE;GH>JKAHI?CD:HI?PQGLMCAB8>B7<@5PTI_cXaeZW[POSHMQFVWMZ[Qgh^ef\abX]^TZ[QXYOZ[Q`aW]^T_`Vde[gh^ij`fg]de[bcYef\cdZef\jkaef\^_UabXZ[QQRHMNDGH>GH>JKAPQGSWLQUJJNCLPECG<@D9AE:GK@UVLfg]hi_mndfg]Z[QZ\POQE@A7@A7LMC[\R`aWef\XYOIJ@GI=<>279-;=1BD8JL@OQEQQEYZPVWMIJ@PQGLMC]^T[\R_`VYZP_`VRSIJKAEFWYMZ\P^_Ugh^noestk{bc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{|rbcYVWMXYONOERSIPQGXYOPQGYZP\]SMNDOPFPQGSTJSTJUVLXYOXYOXYO[\RXYOWXNSTJMNDHI?KLBOPFOPFNOEQRHIJ@TUKXYOQRHPQGRSIPQGOPFPQGSTJSTJQRHQRHUVLQRHRSIUVLXYOYZPVWMSTJSTJXYO[\RSTJOPFWXNRSITUKWXNWXNUVLXYOTUKNOEPTIUYNPTISTJTUKRSIQRHTUKVWMVWMYZPRSIXYO^_UXYOabX\]SVWMXYOWXNUVLYZPZ[QXYOWXNVWM]^TXYOUVLXYO_`VcdZbcYabXabX\_V_bYbe\eh_dg^\_V`cZad[be\ad[jmdnqhpsjuxouxox{rpsjwzqsvmqtknqhhkbgjaeh_pqhpqhpqhopgnofnofklcijafg]lmcnoeqrhwxowxovwn{|szſýYZPBC9GH>FJ?aeZdh]`dYaeZ[_T\`UVZOUYN[_TX\Qei^cg\gk`dh]Z^SX\Qbf[^bW[_TW[PVZOZ^SRVKNOENOELMCLMCGH>DE;BC9<=3CD:KLBNOERSIZ[QYZPOPFIJ@CGRVKbf[fj_bf[SWLOSHZ[Q[\RjkalmclmccdZ]^TYZP[\RbcY`aW\]S\]Sef\lmccdZabX`aWbcYabXde[de[[\RYZPQRHLMCKLBJKAMNDNOESTJWXNZ^SOSHBF;?C8<@5FJ?JNCTXM`aWopfpqggh^[\RTVJRTHHJ>KLBUVL\]Sij`fg]_`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`TXZNVXLXZNRTHRTHUVLXYONOERSINOERSIVWMWXNPQGWXN[\RXYOYZPYZPJKANOEQRHQRHOPFPQGUVLTUKSTJXYOOPFQRHRSIPQGQRHSTJPQGJKANOESTJIJ@MNDXYONOERSIVWMPQGOPFOPFQRHRSIQRHRSITUKOPFSTJVWMWXNXYOYZPWXNTUKYZP[\RQRHMNDWXNPQGTUKSTJUVLRSITUKUVLQRHQUJSWLOSHOPFUVLVWMSTJSTJTUKTUKUVLWXNUVLRSISTJVWMSTJWXNWXNYZPSTJWXNWXNWXNXYOWXN_`VXYOUVLUVLWXNWXNYZP\]S]^T^aX`cZ[^U^aX\_VY\S[^U]`Wilcjmdmpgknelofnqhknenqhvyptwnilccf]ad[ad[gjaknetulstklmdgh_klcpqhpqhnofef\jkalmcqrhxypstkjkbmneqrixÿÿ¼vDE;KLBPTIcg\hlaZ^Sei^\`UOSHPTINRG]aV^bWVZOhlabf[cg\\`UW[PRVK_cXW[PRVKMQFJNCPTIEI>@A7BC9GH>EFPTIY]R_cXbf[]aV`dYY]R`dYabXVWMabXhi_klb\]SWXNXYO]^T[\R[\R_`V\]S]^Tde[abXef\bcYabX`aWabXZ[QMNDNOELMCIJ@PQGTUK_`V]^TabXabXTXM@D96:/:>3AE:QUJUYNcg\lmd`aWij`abXTUKJL@<>2KMATUKde[^_UbcY\]SPQG@A778.>B6CE9DF:DF:GI=KK?LL@OOCKLBHI?VWMXYOYZPZ[QcdZXYO]]QKMA;=1EF<@A7?C8KNEY\Sfg]gh^hi_rsipqgyjl`AC7?@6IJ@HI?EFKODKODTXMKODHLAIMBNRGGK@EI>HLADH=GK@DH=LPEQUJRSISTJSTJMNDRSISTJIJ@PQGKLBRSIHI?IJ@LMCKLBSTJJKAFG=IJ@KLBGH>OPFLMCPQGSTJLMCIJ@LMCLMCPQGUVLQRHOPFOPFRSIRSINOENOERSITUKSTJFHB7@D9@D9>B7BF;NRGKODMQF[_TZ^STXM]aV\`UZ^SY]RX\QVZORVKMQFJNCcdZklbklbabX_`VabX]^T_`V_bYbe\[^UWZQad[cf]^aX^aX]aV^bW]aVbf[aeZ\`T^bV^bV`aW^_UXYOQRHLMCLMCLMCKLBRSI[\R[\RcdZjkaabXcdZMNDDF:?A5>@4=>4EFCD:XYOWXN]^T]_S\^REG;@B6FI:AD5>@4?A5CE9BD8JL@EG;EG;CE9IK?TVJ\^R^`T_aU\^RUWKOQEDH<<@4;?3KODHLAMQFX\Qbf[fg]]^Tij`^_Umndef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`V\]S[\RZ[QTUKUYNTXMOSHRVKOSHJNCLPEMQFOSHNRGFJ?HLARVKTXMPTISWLOPFPQGSTJ]^TRSILMCVWMQRHNRGOSHQUJNRGPTIPTILPEOSHOSHNRGOSHMQFNRGQUJQUJTXMSTJPQGNOEOPFQRHRSIQRHPQGMOCQSGQSGQSGTVJVXLUWKUWKRTHUWKUWKSUIRTHUWKVXLUWKRVKQUJRVKNRG[_TW[PUYNTXMRVKTXMZ^SSWLPTIUYNUYNY]RUYNZ^SX\QX\QX\QVZOX\QW[PTXMUYNVZORVKY]RZ^S^bW\`U[_T^bW_cXdh]`dYbf[bf[hlatwnuxojmdilclofhkbhkbgjahi`ijapqhopghkbcf]`cZeh_jmdnqhrsjqrinofmnempgnqhknelofgjailcpsjpsjrul}wy|swzqx{rvypy|s|¼\]TLMDSWLZ^SX\QNRGTXMY]R[_Tfj_mqfhlahlacf]]aVZ^SNRGLPE@D9?C8HLAIMBNRGTXMVZOUYNW[P_cXhla^bW]aVaeZaeZZ^S^bWbf[[_TNRGMQFLPEOSHX\QaeZdh]bf[\]S_`VcdZcdZ_`V^_U_`V^_URVK\`U]aV\`U^bW^bW\`U_cXVZO\`UZ^SZ^SX\QUYNRVJJNBGH>IJ@JKAKLBQRH[\RcdZfg]ij`klbhi_de[UVLFG=?@6DE;?A5JL@PQG[\RcdZgh^hi_XYOSTJHI?EG;GI=HJ>PRFZ[Qgh^`bVTVJCE9BD8=?3CE9GI=DF:IK?MOCKMAPRFIK?IK?JL@VXLVXLVXL]_S\^RQSGRTHNPD;=1=A5=A5FJ?PTI[_T`dYbf[]aVef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`UY]R[_T\`UaeZ_cXVZOVZOW[PW[PY]RY]RW[P`dY\`U]aV[_TX\Q\`U`dYei^_cX_cXcg\mqfpsjqtkhkbbe\cf]dg^hkbilcmneopgtullofdg^cf]eh_lofilcilclmdlmdklcklcnqhtwnqtkmpgfi`gjaoriorioriuxouxoqtkqtksvmwzqvyp{ýľw\]TTUKZ^S]aVZ^SX\QPTISWLPTIKODSWLPTICGOSHVZO\`U`dY^bWY]RZ[Q[\R`aWde[^_U[\R`aW]^TSWLZ^S\`UZ^S[_T[_TZ^S\`UX\Q[_TW[PSWLLPEDH=DH=@D9DE;NOEYZP_`Vde[hi_hi_ef\gh^gh^_`VUVLIJ@IJ@=>4AB8HI?XYO\]Sef\ef\`aW\]SFG=@A7@B6HJ>GI=LNB[]QacW^_ULNBAC7>@4DF:<>2FH@4?A5>B7DH=QUJQUJ\`Ucg\fj_`dY]^TCD:>?578.@B6AC7?A5LNB@D8=A5BF:<@4DHDH=EI>GK@EI>GK@MQFLPELPEFJ?JNCJNCIMBHLAIMBKODJNCKODJNCMQFQUJOSHKODIMBIMBOSHNRGHLAOSHNRGKODRVKNRGOSHMQFJNCFJ?EI>FJ?HLAIMBFJ?NRGFJ?IMBQUJOSHQUJPTIW[PLPEOSHKODPTITXMUYNNRGLPEPTISWL]aVW[PSWLQUJSWLQUJSWLUYNOSHRVKOSHQUJOSHTXMVZORVKMQFMQFMQFMQFNRGRVKLPELPEQUJOSHKODLPEMQFQUJPTILPEKODMQFNRGOSHTXMLPELPEIMBHLAOSHSWLOSHKODLPEPTIGK@HLAFJ?OSHRVKPTIMQFPTINRGHLAIMBOSHPTIKODQUJQUJKODQUJKODLPEJNCFJ?JNCKODMQFLPEOSHHLANRGJNCMQFMQFMQFJNCIMBNRGQUJNRGIMBLPEPTIRVKQUJPTIRVKUYNLPENRGPTIPTIPTINRGKODJNCNOELMCQRHTUKNOEMNDSTJUVLVXLUWKTVJRTHPRFQSGUWKXZNXYOVWMPQGOPFTUKUVLRSIRSINRGPTINRGQUJQUJOSHRVKQUJVZOQUJKODJNCKODIMBMQFX\QMQFOSHKODQUJKODNRGQUJFJ?MQFLPENRGNRGRVKRVKHLAGK@JNCRVKJNCMQFSWLNRGMQFNRGPQGWXNXYOQRHLMCNOEMNDIJ@OQEQSGPRFNPDOQENPDLNBNPDQSGPRFQSGSUISUIQSGPRFQSGTXMNRGMQFMQFTXMZ^SQUJNRGKODMQFPTIOSHOSHQUJRVKSWLW[PVZOX\Qbf[`dYUYNTXMUYNVZOUYNaeZ]aV^bW]aVZ^SVZOZ^SW[PVZOZ^SZ^S[_T`dYhlacf]dg^_bY]`Wbe\knerulsvmopfrvkx|qoshei^bf[`dYdh]dh]dh]dh]gh^jkalpeptirvkoshjnccg\dh]jncimbei^gk`z}tuxorulsvmwzqpsjtwnnof\]SWXN`dYcg\Y]RUYNGK@FJ?AE:;?4AE:@D96:/EI>KODLPELPEPTIY]RTXMaeZY]RZ^S^bWcg\bf[]aVZ^SZ^Sbf[ei^aeZ[_TZ^SVZOIMB>B7GK@SWL]aV_cX\`U[_T]aV_cX`aW\]S[\RbcYbcY`aWabXWXN_cX`dY]aVX\QX\QY]RZ^SZ^SX\QRVKGK@EI>BF;@D9GK@LPEVWM`aWgh^hi_gh^hi_gh^de[jka`aWUVLKLBCD:JKABC9IJ@TUKde[ef\fg]^_UUVLSTJAB8DF:CE9JL@MNDVWMbdXZ\PHJ>79-?A5?A5?A5>@4DF:IK?Z\PXZNSUILNBHJ>VXL]_S^`TWYM`bV\^RSUILNBEG;9;/;=1KMACG@479-@B6GI==A5;?3CG;?C7EI=DHFJ>EI=CG;EI=FJ>CG;FJ?DH=GK@FJ?JNCQUJNRGMQFIMBJNCKODJNCLPEOSHMQFKODIMBKODOSHNRGIMBJNCLPEJNCHLAIMBHLAMQFMQFJNCPTIKODQUJPTIMQFJNCGK@FJ?HLAJNCDH=PTIMQFMQFLPEHLAOSHRVKX\QNRGOSHMQFPTIPTIRVKNRGJNCVZO[_Tmqf]aVLPERVKUYNW[PTXMX\QVZOVZOPTISWLSWLMQFPTIPTIOSHPTIOSHMQFNRGTXMQUJRVKSWLPTIOSHPTIPTIPTIQUJQUJQUJSWLQUJNRGPTIOSHPTIMQFLPEPTIPTIJNCFJ?BF;MQFKODMQFGK@MQFPTIOSHOSHJNCJNCNRGLPEHLAKODSWLMQFLPEGK@OSHJNCJNCJNCIMBMQFLPEKODHLAMQFHLAMQFKODJNCGK@IMBMQFMQFMQFMQFKODFJ?IMBMQFNRGNRGOSHRVKTXMSWLUYNRVKPTIPTIKODGK@GK@QRHLMCOPFRSIOPFOPFSTJSTJQSGRTHRTHRTHQSGRTHUWKXZNYZPYZPQRHNOETUKUVLRSIVWMVZOSWLSWLLPETXMLPESWLLPEOSHNRGNRGQUJRVKOSHQUJY]RPTIMQFUYNLPEJNCNRGMQFIMBOSHPTISWLRVKUYNTXMKODKODMQFUYNLPEMQFRVKMQFMQFNRGOPFQRHSTJTUKQRHMNDMNDOPFTVJSUIPRFPRFRTHRTHPRFQSGUWKRTHQSGSUITVJQSGOQEPRFMQFQUJOSHRVKQUJPTISWLPTIMQFMQFLPEOSHRVKSWLQUJMQFUYNPTIQUJ]aV]aVVZOY]RZ^S\`UUYNnrgdh][_Tbf[^bWY]R`dYY]RUYNVZOX\QX\QZ^S]aV[_TZ^SZ^S[_Tcg\oshswlrvkhlalpeptiimbdh]ei^dh]ij`fg]ei^dh]ei^mqfuynrvklmcoshoshnrgmqflpejnckodoshz}t}w}wx{ruxopsj{~uÿz{rXYPXYORSIRVKUYNPTICG;?C7=A5=A5FJ>JNBGK?MQENRGTXM\`UVZO]aVZ^SZ^S]`W]aV[_T\`U^bW`dY^bWZ^SW[PZ^S`dYY]RNRGNRGKODGK@JNC\`U]aV^bW]aV[_T[_T\`U]aV^_U_`V[\RbcYcdZ`aWde[\]SZ^S\`U\`UY]RX\QX\QVZORVKLPDCG;;?4DH=NRGSWL]aVbf[abXgh^ij`ef\cdZfg]fg]cdZfg]STJLMCIJ@CD:GH>KLBYZPabXklbij`abXSTJJKAKMA@B6EG;HJ>TUK^_U^_U[\RIK?=?3=?3>@4@B6CE9CE9LNBIK?KMATUKLMCLMCOPF^_U[\R\]SZ[Q^`Thj^UWK;=1=?3GI=JL@NPDW[Pbf[oshdh]cg\aeZSWKLPDNOE9:0AC7=?38:.=?3CE9<>2<@4;?3CG;CG;DHFJ>DHHL@EI=PTIEI>DH=AE:HLARVKLPEMQFLPEKODLPEIMBKODPTIMQFLPEJNCNRGSWLPTIGK@JNCMQFHLAGK@JNCPTIMQFMQFKODNRGPTIMQFMQFMQFLPEJNCJNCNRGRVKHLALPELPEJNCGK@HLAOSHPTIRVKOSHKODLPESWLOSHUYNTXMQUJVZOVZOfj_W[PJNCRVKSWLNRGHLAMQFPTIRVKLPEOSHNRGQUJSWLSWLQUJRVKQUJQUJTXMJNCOSHRVKOSHMQFRVKTXMNRGPTIPTIQUJSWLSWLRVKOSHMQFRVKSWLOSHMQFOSHOSHKODHLAIMBIMBGK@OSHPTINRGMQFLPEPTIJNCKODRVKPTIGK@IMBTXMIMBJNCIMBOSHHLAFJ?JNCLPEIMBKODHLAJNCQUJPTISWLSWLOSHJNCKODPTIOSHLPEJNCHLAJNCJNCJNCJNCKODMQFOSHOSHX\QVZONRGLPEPTIMQFGK@GK@RVKLPEJNCLPEOSHPTIOSHLPESUITVJVXLUWKTVJSUISUISUIQRHTUKQRHPQGVWMVWMRSITUKSWLOSHQUJHLAUYNMQFW[PNRGPTIPTISWLX\QW[PRVKQUJSWLPTINRG]aVLPEIMBMQFNRGSWLVZOVZOX\QUYNUYNTXMNRGQUJRVKVZOPTINRGPTIMQFOSHRVKQRHTUKTUKRSISTJTUKQRHMNDSUIQSGNPDNPDRTHRTHPRFQSGWYMTVJSUITVJSUIPRFOQEOQENRGTXMSWLRVKMQFJNCX\QVZONRFQUIOSGSWKUYMTXLUYMQUIRVKOSHTXM`dY_cX[_T_cX]aVbf[Y]Rptifj_\`Ubf[_cXZ^S_cX\`U]aVZ^S\`UY]R[_T[_T^bW[_T_cX`dYdh]lpejncgk`gjafi`fi`ad[ad[klcopgtulnoflmdeh_be\knevypuvmklcilchkbgjahkbilcilcknenqhrulz}tyz}tvypsvm{~u¾hi`TUKVWMKLB>B7?C8CG<<@4=A5@D8CG;LPDOSGLPDTXLVZOVZOX\QX\Q^bWX\QZ]TUXO\`UY]RVZOUYNW[PZ^S[_TY]R\`U]aVSWLHLAJNCNRGUYNaeZ`dY[_TX\QZ^S\`U[_TX\QW[PXYObcY]^TabXabX[\RcdZbcYTXMX\Q]aVY]RRVKMQFIMBEI>@D8@D8BF:PTI[_T_cXdh]ei^fg]ij`ij`ef\cdZcdZ^_UVWMTUKCD:GH>KLBIJ@KLBYZPcdZfg]ij`fg]YZPHI?CE9DF:BD8FHRTHUWK\`UaeZdh][_TY]R[_SGK?CG;EG;46*BD8>@4<>2DF:CF7B6DHBF:CG;BF:IMADHGK@BF;FJ?NRGHLAKODKODKODNRGJNCJNCOSHKODLPEKODLPESWLSWLJNCIMBKODDH=HLAIMBQUJEI>JNCKODHLAPTIPTIOSHOSHNRGLPEJNCLPEOSHKODFJ?IMBIMBGK@OSHPTIJNCPTIX\QOSHQUJ^bWVZO^bWY]RTXMMQFMQFUYNQUJY]RY]RW[PSWLKODMQFNRGRVKQUJVZOSWLVZOW[PSWLOSHNRGNRGOSHSWLQUJSWLVZOTXMOSHOSHOSHKODTXMOSHOSHPTINRGPTIRVKNRGRVKQUJNRGLPEOSHPTINRGMQFSWLMQFHLAKODRVKOSHOSHJNCMQFNRGNRGMQFLPENRGOSHOSHLPEOSHQUJPTILPEHLAOSHMQFHLANRGIMBMQFPTIQUJRVKUYNVZOQUJOSHOSHMQFMQFMQFJNCNRGLPEIMBHLAKODOSHOSHMQFJNCKODHLAIMBRVKPTIJNCNRGNRGNRGKODKODOSHQUJOSHNRGZ\PZ\PY[OWYMUWKRTHQSGPRFKLBNOEMNDNOESTJTUKQRHOPFMQFLPENRGGK@SWLPTIZ^SSWL[_TX\QVZOTXMOSHOSHSWLVZORVKUYN^bWTXMOSHSWLTXM[_TX\QX\QZ^SVZOUYNTXMOSHRVKRVKRVKTXMPTIOSHOSHOSHSWLOPFTUKTUKNOEMNDPQGMNDFG=HJ>IK?IK?LNBQSGRTHQSGTVJXZNY[OY[OXZNUWKRTHQSGRTHY]ROSHMQFIMBRVKUYN[_TOSHNRFQUINRFSWKTXLRVJVZNSWKOSHQUJY]Rcg\^bWY]R]aVW[P[_TW[P`dY`dYcg\^bW[_TW[PX\QZ^S`dY]aV`dY]aV`dY^bW_cX]aVgk`gk`dh]fj_bf[aeZeh_dg^gjaeh_eh_jkbijaklcpqhmnedg^ad[gjapsjrsjlmdnqhjmdjmdmpgoripsjpsjmpgrulsvmy|sz}ty|stwnqtky|sz¼xypabXcdZUVLEF<8<18<18<0GK?BF:OSGVZNTXLZ^R_cW]aUY]QW[POSH[_TW[PVYPX[RX[RX\QY]RX\QW[PZ^S^bW`dY_cXfj_Z^SLPEJNCSWL]aV`dY`dY[_TZ^S\`U]aVZ^SUYNW[P]aV\]Sfg]\]S]^T_`VZ[Q^_U[\RQUJUYNY]RSWLHLAEI>GK@GK@JNBQUIVZN]aV_cX]aV`dY_bYcdZfg]ef\de[fg]gh^^_URSIEF<;<2GH>NOEPQGUVLef\abXef]de[bcYTUKEFNPDY[ObdXY\SaeZfj_Z^SMQFKOC7;/;?379-@B68:.?A5CE935)CF7CF7<@4AE9EI=FJ>@D8EI=BF:HL@FJ>>B6@D8HL@JNBLPDMQEIMAIMBFJ?OSHJNCHLAKODEI>LPEIMBKODSWLNRGMQFOSHJNCKODJNCFJ?LPEOSHHLAGK@KODGK@JNCHLAPTICGKODLPEKODLPEMQFMQFMQFOSHRVKKODEI>QUJPTIIMBPTINRGGK@NRG_cXQUJRVK`dYTXMY]RMQFX\QPTIZ^SVZOQUJaeZVZOQUJ\`URVKOSHJNCLPEPTIW[PQUJW[PY]RX\QUYNTXMQUJPTIRVKUYNOSHQUJW[PSWLLPEMQFSWLX\QPTIQUJSWLOSHQUJSWLLPEQUJPTILPEKODOSHPTINRGMQFLPERVKTXMLPEMQFIMBOSHJNCMQFNRGKODGK@IMBOSHRVKOSHIMBKODMQFHLAJNCIMBOSHFJ?NRGUYNKODMQFJNCIMBHLALPEUYNQUJMQFJNCJNCPTITXMPTIPTILPEGK@GK@LPERVKRVKOSHCGB7EI>IMBHLATXM]aV\`U\`UY]RUYN[_TZ^SX\Q[_TW[PVZOSWLY]RW[PUYNRVK]aV^bWZ^S\`UZ^SY]R`dYUYNTXMNRGQUJ]aV_cX^bWfj_\`U]aV[_T_cX\`U_cX[_T[_TabXfg]bcY]^T]^T[\RXYOZ[QPRFMOCMOCHI?KLBLMCXYO^_U_`VabXZ[QVWM`aW`aWZ[Qfg]qrh`aWef\^_UTUK`bVZ\PBD89;/EG;OQEVXLYZPij`hi_ij`^bVbfZUYMPRFIK??A5JL@XZN`aW^_URTHEG;?A5:=.=@1GJ;EG;GI=HJ>OQEXZNQSGIK?OQEMOC_aU`bV^`T\^R]_S\]SKLBDI:BG8>B6NPDXZNabXabXjkafg]hi_vwmcdZ89/=>4CD:>?5>B6AE9=A59=19=1=A5AE9=A5FH@4FHEG;KMAIK?DHIMAAE9FJ>FJ>LPDJNBNRFFJ>IMAIMALPEIMBOSHFJ?AE:LPELPELPENRGMQFNRGJNCJNCMQFJNCJNCJNBKOCMQEIMALPDTXLQUINRFOSHKODOSHRVKMQFIMBKODLPEQRHVWMTUKZ[Q[\RSTJSTJQRHRVKX\QUYNSWL[_T]aVTXMMQFY]QVZNNRFMQETXLTXLQUITXLQRHUVLZ[QUVLYZPSTJTUKSTJQUIRVJW[OZ^RUYMMQEJNBNRFOQENPDTVJRTHRTHUWKQSGTVJNPDPRFTVJTVJOQEOQERTHRTHJNCQUJNRGQUJKODEI>PTILPEIMALPDMQEKOCJNBLPDLPDKOCIMBPTIJNCJNCRVKQUJNRGMQFNRGPTIIMBEI>KODMQFIMBHLAPTHJNBGK?LPDOSGNRFMQEOSGOSHMQFGK@LPEPTILPEKODKODMOCQSGNPDKMAMOCMOCMOCQSGNRGMQFIMBJNCPTI\`UTXMRVKSWKOSGSWKMQEOSGLPDMQENRFPTIHLAVZOY]RNRGOSHNRGMQFOSGKOCLPDVZNRVJTXLQUIMQEMQFRVKX\QX\QTXMQUJSWLX\QUYNPTIRVKUYNRVKRVKQUJMQFTXMW[PW[PUYN[_TY]RMQFNRGUYNVZORVKTXMNRGOSHKODKODJNBKOCJNBOSGOSGKOCMQEMQELNBQSGRTHQSGPRFPRFSUIY[OJNBTXLW[OOSGQUIUYMLPDHL@QUIY]QZ^RTXLQUIQUIOSGMQEOSHKODUYNOSHQUJVZOUYNNRGPTIQUJW[P[_TY]RVZOUYNTXMXYOYZPabXstjyopffg]\]SX\Q`dYaeZ[_TZ^S`dYaeZ\`U^bWfj__cXbf[`dYaeZlpe]aV]aV^bW_cX^bWaeZbf[`dYimbilcilcgjalofjmdgjajmd_bYbf[jnchlagk`lpeimbdh]gk`rulorix{r{~uwzqwzqwzqwzqĿľýuvlUYN@D9BF;GK@KODUYN[_T]aV[_T\`UW[PZ^SY]RUYNY]RY]RZ^SW[PW[PY]R^bW]aVZ^SW[PRVK[_T[_T[_T`dY[_TSWLTXMDH=JNCRVKTXM_cXY]RY]RY]RY]RY]R\`UX\Q\`UX\Q^bW^bW`aW`aW]^T]^T^_UVWMMNDNOEIK?AC7DF:MNDXYOVWM_`Vhi_abX^_U]^T]^TabXbcY\]S_`Vhi_ef\gh^abX[\RUWKHJ>GI=HJ>PRFbdXhj^klbjkahi_jkaW[ONRF@D8DF:IK?QSGbdXhj^XZNNPD>@49;/@B6AC7>@4?A5BD8MOCSUIRTHLNBFHB6LNB\]S`aW]^Tfg]ceYik_qsgIK?.0$68,68,8:.@D8;?38<0<@4=A5;?3@D8GK?HJ>BD8=?3AC7AC7?A5BD8?A5CG;DHIMAJNBLPDPTHIMAMQEPTHMQEMQECG;FJ>BF:JNBHL@JNBFJ>HL@EI=KOCMQENRGRVKLPEIMBHLAGK@RVKLPEMQFJNCLPELPENRGOSHJNCIMBRVJJNBKOCLPDMQEMQEKOCOSGMQFPTISWLPTILPEOSHSWLQUJXYOUVLWXNZ[QVWMVWM]^TZ[QSWLTXMW[P[_T\`UVZORVKUYNRVJSWKNRFMQERVJSWKQUITXLPQGTUKYZPUVLWXNPQGRSITUKLPDMQEOSGPTHNRFMQENRFQUITVJOQEQSGOQEQSGTVJOQEOQETVJRTHQSGRTHQSGQSGNPDJL@OSHPTILPEPTIOSHLPEQUJKODMQELPDKOCKOCKOCLPDOSGRVJOSHIMBGK@SWLZ^SUYNQUJKODRVKOSHIMBIMBMQFJNCIMBOSHMQEKOCJNBLPDOSGPTHOSGMQEHLALPEJNCMQFLPEGK@JNCMQFPRFPRFNPDNPDQSGPRFOQEPRFFJ?LPETXM]aVZ^SUYNHLAKODOSGJNBNRFIMAOSGPTHNRFMQEOSHIMBSWLSWLMQFNRGLPEKODNRFHL@KOCY]QQUIMQENRFUYMRVKSWLTXMTXMRVKRVKVZO[_TVZOOSHOSHTXMUYNVZOVZOQUJTXMW[PZ^SUYNRVKTXMRVKW[PUYNTXMRVKQUJNRGOSHNRGOSHKOCJNBHL@MQENRFKOCMQENRFRTHSUIPRFMOCOQEPRFQSGTVJMQEPTHTXLRVJRVJRVJNRFQUIQUIRVJX\PUYMMQEOSGRVJLPDQUJEI>OSHRVKTXMOSHNRGQUJTXMUYNVZOW[PVZOTXMSWLUYN\]S^_U^_UbcYhi_]^T_`V\]S`dY]aV_cXbf[`dY\`U^bWdh]cg\bf[]aVbf[`dY^bWhlabf[_cX`dY`dY]aV`dY_cX[_Tbf[jmdfi`eh_nqhknedg^gjabe\`dYimbimbfj_ei^aeZ_cXhlasvmpsjtwnqtknqhvyp{~u}w}þ¼¼ywpqg]^TQUJIMBOSHX\Q\`U^bWZ^SX\Q`dY]aVX\Q[_TY]RSWLVZOY]RY]RPTIOSHQUJ[_TX\QX\QUYNVZO_cX^bW[_T`dY^bWRVKHLAOSHW[Pei^_cXdh][_T_cX\`UZ^SY]R\`UVZOY]RVZO]aV_cXde[^_UXYO[\R[\RPQGGH>HI?LNBJL@RSIXYO]^TWXN]^Tfg]_`V]^Tfg]fg]_`V`aWabXcdZef\fg]fg]`aWZ[QNOECE9KMAPRFXZNkmalnbprfgh^abX\]SVZNGK??C7IK?OQEZ\Peg[^`TRTHJL@@B6?A5FHKMAUWK^`T`aWVWMSTJTUKPRFGI=BD8HJ>?C8NRGXYOYZPcdZde[klbz{qqsg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aVcg\SWLNRGNRGPTIPTIQUJRVKOSHPTISWLZ^STXMPTISWLSWLTXMVZOQUJOSHNRGSWLSWLQUJMQFMQELPDIMAPTHQUILPDMQENRFXZNTVJMOCJL@NPDPRFQSGSUIQUIOSGSWKPTHKOCLPDMQEPTHOSGJNBRVJSWKJNBLPDQUIJNBNRGGK@OSHPTISWLPTIRVKSWLRVKVZOTXMRVKVZOVZOW[P\`U\]Sde[ef\`aW_`VYZP^_U^_U_cX`dY`dY_cX\`UZ^S[_T^bWbf[`dYaeZcg\bf[cg\gk`gk`\`U^bW`dY^bWcg\cg\_cXei^fi`knempgmpgjmdjmdknead[dh]fj_cg\bf[ei^aeZ`dYgk`mpgnqhtwnpsjoriy|s|v{~u{xxxyp|{Ŀ½ýylmd_`VbcYde[fg]^bWY]RVZOVZOZ^S[_TY]R\`UZ^S\`U]aV^bWY]RSWLW[P\`UY]RRVKNRGSWLZ^S[_TY]RW[P^bW\`U[_T]aVX\QIMBDH=MQFZ^Sbf[kodcg\_cX]aVcg\`dY[_T[_TW[PZ^SVZO\`U[_T^bWabXYZPRSISTJTUKQRHPQGSTJPQGXYOabX]^T_`V^_UaeZ_cX]^T^_Ugh^ef\^_U_`VbcYfg]ef\^_UZ[QSTJMNDMNDNOEMND[]QbdXnpdgi]gi]bdXUWKHI?EI=FJ>NRFZ\P[]Q[]QWYMNPDDG8BD8AC7DF:GI=HI?HI?JKAPRFEG;EG;KMAOQEWYM]_SZ\P_`VXYOXYOOPFFHA2HK2AE9CG;BF:AE9<@4:>2;=1;=1EG;BD8>@4CE9AC7CE9DHIMAJNBLPDTXLLPDMQEMQENRFNRFTXMVZORVKLPENRGQUJQUJTXMOSGTXLQUIOSGKOCVZNUYMQUIQUJOSHMQFNRGRVKVZO\`UaeZVZOUYNUYNSWLPTIPTIRVKTXMTXMVZORVKLPERVKW[PRVKRVKSWLPTISWLRVKX\QTXMSWLNRGOSGNRFKOCRVJRVJLPDKOCJNBRTHQSGOQEPRFTVJSUIQSGRTHNRFNRFSWKNRFKOCUYMY]QW[OPTHKOCNRFQUIMQEMQEOSGJNBPTIOSHRVKMQFPTIPTITXMRVKNRGUYNSWLRVKX\QZ^SZ^SaeZ[_T`dY^bWVZOTXMUYN]aVdh][_T^bW^bW\`U\`U`dYaeZ`dY^bWaeZgk`cg\bf[hladh]aeZaeZcg\dh]bf[ei^dh]^bWbf[cg\kodoshlpejncjnchla`dYgk`dh]aeZcg\hlagk`ei^jncfj_hlaoshoshrvky}rw{puyn{~ux{r|}wpsjvypruly|sľ¼{|sopghi_cdZ`aW\]S_`VX\Q[_TZ^S\`U_cX[_TVZOTXMSWLW[P\`U[_TX\QX\QW[PY]RUYNVZOQUJZ^SX\QaeZ[_TZ^S\`UaeZ_cXTXMHLADH=JNCTXMUYN]aVaeZbf[Z^S`dY`dY_cX^bW[_TTXMY]RY]R^bWX\QVZOSTJOPFMNDNOERSIXYO]^T_`V[\R_`VbcY[\RbcYcg\cg\X\Q`aW`aW_`V\]S_`V_`VXYOZ[Q[\RRSIHI?FG=GH>MNDTUKWXNcdZik_jl`ceYWYMSUIDF:=?3@D8QUI^bVceYacWWYMHJ>CE9CE9@B6CE9JL@QRHTUKRSIOPFQSGHJ>MOCVXLWYMZ\P`bV\^R_`VTUKOPFBC9=?3BD8HJ>WYMZ[RWXO_`VYZP]^Thi_opfZ[QBD857+>@4KMA<>29;/=?3?A56:.:>2AE9<@4=A5DH<@D8>B6DF:AC7HJ>CE9BD8HJ>DF:CE9KOCGK?EI=@D8<@4?C7AE9=A5BF:HL@GK?HL@GK?HL@JNBGK?JNBJNBHL@GK?FJ>IMAJNBLPDLPEIMBTXMKODUYNMQFHLALPEEI>JNCPTILPEMQFSWLNRGIMBIMADHMOCQSGVXLXZNSUINPDNPDY]QUYMW[OPTHJNBPTHOSGJNBTXLTXLOSGOSGVZNSWKMQEOSGVZORVKRVKQUJTXMLPENRGOSHPTIW[PTXMQUJW[PX\QY]R`dY\`U[_TX\QVZOUYNW[P[_Tdh]bf[]aV[_T]aV]aV\`U[_T]aV^bW`dYhlaaeZaeZdh][_TY]R`dYcg\ei^bf[ei^dh]^bWbf[dh]aeZdh]jncimbaeZ_cXgk`gk`fj_fj_hlaimbgk`imboshhlacg\dh]ei^kodqujqujtxmnqhqtk}wwzqqtksvm~x|w}ſlof^aXZ^SZ^SZ^SZ^SaeZ`dYbf[Z^SW[PX\QW[PX\QVZOW[PVZOY]RVZOW[PY]RRVKNRGUYNX\QOSHY]RQUJ_cX[_T_cXX\QW[PQUJJNCKODUYN[_T\`UW[P\`UX\Q_cXY]Rbf[]aV`dYbf[Z^SX\QSWLZ^SUYNSWLKODMNDPQGTUKUVLWXN_`VcdZ_`VcbXbaWbcY_`VabXZ^SZ^RX\P`bVacW_aUXZNWYMTVJJL@LNBJL@LNBAB8GH>TUKPQGUVLfg]cg\aeZ_cX]aUKOCEI=>B6HL@X\Pdh\gk__aUZ\PQSGAC7@B6KMAHJ>LNBTUKXYOZ[QYZPSTJNPDNPDXZN`bV\^R]_SacW^`TWYMFH<=?3>@4DF:JL@UWKdfZij`abXgh^hi_gh^lmcbf[CG<<@4=A56:.?C7;?36:.59-:>2>B6<@4CG;@D8AE9FJ>@D8BF:IK?AC7?A5=?3?A5FH@4HL@CG;BF:AE9>B6AE9DH<@D8@D8HL@EI=HL@HL@MQEMQEHL@JNBJNBHL@LPDIMAKOCJNBLPDFJ?JNCIMBHLANRGEI>NRGLPEEI>IMBOSHKODLPERVKNRGJNCRVJNRFRVJSWKPTHLPDFJ>KOCNRGNRGKODKODRVKVZOQUJKODNOEVWMUVLQRHZ[Q[\RTUK]^TTXMQUJOSHOSHPTISWLOSHHLAQUIOSGNRFOSGQUIW[OY]QUYMWXNabX^_UTUKIJ@MNDPQGVWMVZNRVJPTHPTHNRFLPDMQEPTHRTHPRFKMANPDPRFNPDQSGQSGOQETVJQSGOQESUISUITVJZ\PUYNMQFJNCNRGPTIQUJRVKPTIOSGRVJOSGIMAIMANRFOSGKOCIMBSWLQUJPTISWLLPENRGVZOSWLHLAHLAPTIQUJMQFKODLPEMQEKOCLPDPTHQUINRFKOCKOCIMBKODGK@KODQUJPTIOSHMQFPRFPRFRTHTVJSUISUIRTHOQEMQEIMAGK?LPDJNBKOCGK?RVJQUILPDOSGKOCRVJQUIOSGMQEKODSWLOSHOSHQUJNRGOSHQUJQUIW[ORVJQUILPDPTHPTHVZNVZOX\QZ^SZ^SVZORVKRVKSWLUYNUYNPTINRGRVKSWLOSHNRGMQFUYNQUJPTI`dY_cXNRGSWLPTIMQFMQFMQFQUJRVKTXMSWLOSGOSGKOCKOCJNBHL@LPDKOCLNBNPDNPDOQEPRFNPDMOCRTHPTHHL@KOCMQENRFOSGMQEPTHUYMY]QQUIOSGY]QVZNNRFRVJPTITXMTXMRVKY]RSWLSWLNRGSWLUYNQUJPTITXMUYNW[P_cX^bWZ^SY]R]aV\`U\`UVZO^bWei^cg\_cX\`U\`U\`U[_TY]RaeZ]aVaeZ`dYbf[`dYX\Q]aV]aVbf[dh]aeZdh]ei^aeZfj_dg^`cZcf]eh_fi`cf]be\nqhkodfj_dh]gk`imbjncimbimbilcdg^be\be\hkbloflofsvmgjailcqtkmpgnqhsvm|}wzeh_[^UZ^SW[PVZOZ^S[_T^bWX\Q\`UY]RZ^S[_T[_T\`UUYN_cXX\QX\QVZOW[PX\QPTINRGY]RY]RRVK[_TTXM\`UY]R`dYTXM@D9?C8RVK\`UW[PZ^Scg\\`U[_TSWLZ^S\`U^bWX\Q^bW^bWX\QVZOOSHSWLOSHOSHKODVWMXYO]^T]^T\]SabXbcY[\R[ZPZYO`aWcdZabXSWKX\P`dXZ\P[]Q_aUTVJFH@4GI=GI=TUK`aWZ[Q^_Uij`ei^Y]RTXMPTHHL@FJ>LPD_cWdh\cg[^bVQSGMOCPRFIK?HJ>JKAHI?MNDQRHOPFNOEPRFMOCRTHVXL]_S_aU\^R_aU]_STVJFI:=?3=?3OQEYZPUVLVWM[\R^_U^_U`aW_`VSUIJNBBF::>2KOCW[OQUIAE9=A5EI=EI=CG;CG;<@4CG;@D8AE9EI=>B6BF:EG;BD8>@4@B6AC7CE9FHB6AE9DH<@D8BF:GK?DHNRFMQELPDMQEPTHQUIOSGLPDNRGLPEFJ?LPESWLQUJOSHLPELNBTVJWYMRTHMOCJL@JL@LNBGK?HL@JNBPTHLPDIMADH@4:<09;/BD8NPD_`VabXcdZjka`aXcg\QUJGK@:>3?C7EI=UYMdh\aeYW[OTXLGI=@B6LNBNPDIK?OPGKLCNOERSIOPFPRFSUIPRFY[O`bVbdXZ\PVXLY[OTVJEG;;>/;>/=@1QSG]^T[\RbcZef]_^T`aWYZPTVJDF:6:.26*DI:CG;48,AE9@D8AE9DHDH<@D89=1<@448,7;/CG;@D8EI=>@4DF:DF:HJ>BD8>@4GI=GI=IMABF:FJ>IMABF:AE9EI=CG;BF:DH<@D8LPDNRFQUIPTHNRFKOCGK?CG;KOCHL@IMAHL@OSGKODGK@NRGHLA?C8DH=CGJNBJNBQUIOSGPTHSWKVZOSWLJNCMQFNRGKODRVKQUJQUIQUIIMALPDNRFPTHKOCPTHTXMSWLTXMVZOUYNTXMUYNW[PLPEUYNW[PSWLTXMSWLSWLY]RVZOMQFSWLX\QW[PY]RVZORVKOSHSWLRVKRVKIMBKODLPESWLPTHX\PW[OTXLQUIPTHQUIKOCWYMQSGLNBOQEUWKTVJPRFPRFRVJTXLTXLOSGPTHQUILPDPTHQUISWKUYMTXLRVJTXLW[OVZNUYNRVKKODRVK]aVQUJTXMVZORVKNRGRVKW[PVZORVKUYNY]RY]RZ^S]aV`dY\`U^bWQUJW[Pcg\^bW]aVbf[_cXY]R\`Uei^`dYcg\_cX[_T_cX_cXY]RVZOaeZfj_gk`aeZaeZbf[_cXei^^aX_bYfi`fi`jmdgja^aXfi`jnccg\_cX_cXaeZfj_fj_`dY\_Vilcqtknqhnqhlofdg^eh_hlacg\jncptinrgz~sptilpestkkne{~uz}t~xwysxztz}t_bYZ^SY]RW[PVZOW[PX\QW[PVZOW[P\`U[_TUYNVZOY]RX\QVZOQUJUYNPTILPESWLUYN_cXW[PVZOTXMVZO`dYX\QLPEBF;FJ?NRGZ^Sbf[`dY\`U\`U^bW^bWhla^bWY]RaeZ_cXaeZZ^SSWLXYOKLBMNDKLBQRH\]SYZPcdZde\\]T\]T\]SabX\]S`aWde[]^T\]S^_UVZO`d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ef\cd[_`V]^TTVJOQECE9<>2DF:TUKde[abX_`VTVJHJ>?A5EG;FHAC79;/68,=?3=?3:<048,7;/;?3;?3?C7@D88<06:.59-:>2=A5?C7<@47;/;?3<@4:?0>B6=A5AE9AE9IMADH<@D9FJ>;?3;?3CG;AE9DHAE:GK@LPECGGK?:>2?C7CG;KOCKLB[\RabXlmccdZUVLJL@>@4>@4DF:IK?XZN[]Qnoefg]KLB?A5?A5AC7FH@4AC7PRFSUIQSG]_SbcY`aWcdZef\ef\gh^OQE=?39;/9;/8:.>@4<>268,15)59-9=18<0<@4?C79=1:>2>B6@D8;?3BF:AE9:>2?C7<@4=B3>B6=A5CG;DHOPFWXNWXNSTJNOEMNDPQGOPFHI?TUKPQGUVLSTJUVLVWMUVLQRHOPFOPFNOEPQGPQGPQGTUKTUKPQGKLBMNDW[PUYNUYNPTINRGNRGLPESWLW[PUYNQUJOSHOSHIMBMQFJNCSUINPDIK?JL@PRFQSGNPDOQEFJ?DH=GK@LPELPEHLAIMBOSHLPEMQFIMBHLANRGSWLSWLQUJTXMW[P`dY`dYY]RQUJQUJ_cXmndMNDYZPTUKZ[QSTJTVJTVJUYNRVKRVKUVLWXNYZPVWMQRHVWMWXNVWMTUKTUKXYO\]SUVLQUJOSHPTIUYNW[PSWLRVKTXMQUJQUJQUJUYNOSHLPEJNCOSHSTJRSIQRHOPFNOEOPFTUKYZPPQGTUKNOEMNDOPFLMCNOEPQGPTINRGPTIX\QUYNSWLRVKTXMNOETUKTUKYZPWXNYZPRSIRSIW[PRVKUYNX\Q[_T]aV[_T`dYUYNUYN[_TY]RVZOZ^SUYNPTIVZOX\QX\QX\Q[_T]aV^bWbf[^_U^_Ude[cdZbcYcdZabXde[dh]dh]hlagk`aeZ^bW`dYaeZ`dYfj_gk`cg\aeZaeZaeZcg\`dYaeZ`dYbf[ei^cg\_cX_cX]`Weh_dg^`cZfi`fi`gja]`Wei^gk``dYaeZdg^hkbrulruleh_gjampgnqhgjadg^hkblofoshoshz}tvyppsjtwnvypysvmZ]TORIZ^STXMOSHRVKUYNTXMQUJPTIRVKUYNUYNUYNVZOUYNRVKSWLW[PTXM]aVVZOY]RX\QUYNVZOQUJQUJIMBIMBJNCW[PZ^S[_TZ^SW[PZ^SaeZaeZZ^SVZOX\QQUJRVKJNCKODLPEOSHPTI[_TabX]^TZ[Q[\R\]S]^T_`VabXef\_`VcdZfg]fg]WXNUWKY[OEFBD88:.57+7;/EI=JNBOSG\`TTXLLPDCG;FJ>KODRVK^_UcdZcdZef\Z[QIK??A579-?A5KMAWYMik_WYM\^R[]QIJ@EG;JL@MOCMOCLNBSUIY[OUWKOPFYZPXYOZ[Q^_Ude[^_U]^T^_UWYMKMAHJ>@B6@B6RTHY[O[\Rfg]abXZ[QbcYfg]\]SSTJAC768,<>2@B6:<0:<0;=1:<0;?38<09=1:>2;?38<026*7;/9=17;/59-:>2?C7?C7?C7=A5B6BF:CG;CG;CG;EI>@D8AE9?C7EI=EI=CG;=A5GK?BF;@D9BF;JNCFJ?KODLPELPEKODMQFJNCOSHPTIIMBKODNRGIMBLPELPEKODMQFOSHLPEFJ?KODQUJQUJOSHHLACGKMARTHTVJPRFLNBJNCJNCMQFPTINRGJNCJNCNRGKODOSHOSHMQFMQFPTIRVKQUJUYNRVKQUJQUJRVKSWL]aVmqf`aWMNDXYOXYOYZP[\RWXNPQGQUJNRGRVKUVLPQGRSIVWMSTJTUKYZPUVLUVLTUKSTJXYOQRHQUJQUJQUJQUJSWLW[PX\QW[PNRGNRGOSHQUJNRGLPEMQFQUJKODJNCLPENRGMQFJNCJNCMQFSTJYZPRSIOPFRSINOEPQGUVLQUJLPEPTI^bWW[PTXMPTIQUJVWMNOEUVLTUKcdZZ[Q\]STUKX\QTXMX\QZ^S[_TZ^SVZOY]RSWLUYNX\QZ^S]aV_cXX\QPTIZ^SZ^SX\QY]R\`UZ^SW[PY]RYZP\]ScdZbcYabXcdZde[ij`fj_cg\dh]fj_ei^ei^ei^bf[bf[ei^cg\`dY`dYaeZei^kod]aVdh]cg\`dYei^imbcg\\`U_cXfj_bf[\`Ucg\gk`dh]^bW\`Ucg\fj_aeZhkbwzqy|srulgk`ei^lpequjmqfkodmqfmqfswloshtwnrulqtk{~u{}¾¾{~u_bYRULWZQX\QPTILPEOSHUYNUYNPTILPEQUJW[PVZOPTIOSHQUJQUJQUJX\QRVKZ^SVZO[_TX\QQUJOSHHLAIMBIMBRVKW[P_cXZ^SW[PX\QX\Q\`Ubf[bf[^bW\`U]aVPTIOSHIMBRVKVZOW[PW[Pdh][\RWXN^_U\]S]^TbcY^_Uef\_`VXYO\]S`aWbcYRTHKMAIK?>@4=?3=?39;/GI=JL@[_S\`UVZNNRFEI=FJ>QUJKODUYN_cXlmdef]\]SXYOQSGEG;@B6<>2MND`bVeg[uwk_aUHJ>?A5KMAGI=LNBRTHPRFMOCPRFTVJVXLSTJTUKYZP^_Ugh^^_UYZP[\ROQELNBCE9EG;DF:FH@4AC78:.57+:<0BD8@D8;?3;?3;?3=A5;?348,8<037+9=1GK?@D8:>2=A57;/=A59>/9=1>B6@D8@D8>B6CG;IMB@D8CG;>B6EI=EI=CG;?C7GK?HLACGIMBMQFPTIOSHLPEKODKODLPEJNCMQFOSHOSHMQFMQFNRGMQFKODOSHPTIRVKSWLQUJUYN[_TbcYQRHXYOWXNUVLVWMXYOWXNUYNPTITXMXYOPQGRSIWXNRSIQRHWXNTUKXYOVWMPQGTUKSTJTXMOSHNRGSWLW[PVZOUYNVZOTXMTXMTXMOSHOSHQUJSWLSWLUYNQUJOSHOSHNRGLPELPENRGTUKVWMLMCLMCUVLSTJPQGQRHSWLMQFPTI^bWX\QUYNQUJRVKVWMTUKYZPSTJstjZ[QTUKWXN[_TY]R\`UZ^SY]RY]RTXMSWLPTITXMTXMUYNVZOVZOUYNRVK\`UZ^SW[PW[PX\QX\QX\QZ^SXYO[\RbcY`aW]^T_`VbcYij`cg\`dYaeZcg\ei^gk`fj_bf[bf[bf[_cX]aV_cXaeZdh]imbZ^Sbf[dh]cg\hlamqfimb`dYcg\bf[]aV^bWei^fj_aeZdh]]aV]aVfj_cg\rulz}torinrgimblpeoshkodkodnrgnrgqujoshuxowzqz}t~~{}wz|vz|vy{u{ÿ~xeh_UXOPSJSWLRVKQUJQUJSWLUYNUYNRVKPTIQUJUYNQUJLPEPTIVZOVZOSWLX\QSWLX\QX\Q\`UTXMMQFIMBEI>IMBNRGY]R[_T_cX\`U[_T^bW[_TX\QY]RZ^SY]RUYNRVKMQFPTISWL`dY^bWZ^SVZO^bWWXNVWMde[_`V^_UcdZ]^Tfg]\]SUVLRSINOESUINPDGI=<>2>>2:<08:.CE9OQETUKZ[QYZPCG;=A5=A5@D8RVKPTIbf[ilcef]]^TXYOOQEHJ>?A5GH>RSIabXqrhrsimocRTHEG;@B6DF:DF:IK?RTHPRFMOCNPDOQEUWKRSINOE]^TabXabX]^T`aWSTJBD8DF:AC7EG;OQEZ[Q`aW]^T[\R^_UcdZjkaef\NOE=?3>@4;=179-<>2<>279-57+9;/DF:>B6=A5:>237+7;/@D8?C7?C7=A5BF:TXLDH<9=1@D8:>2DHB6CG;CG;CG;?C7DHJL@GI=DF:<>2AA5==168,FH59-=A5JNBQUJ]aV_cXhkbad[\]SPQGJL@@B6>@4@A7VWMlmdopfpqgjkaMOC46*EG;RTHLNBPRFUWKZ\PRTHKMAKMAHJ>NPDRSIXYOef\gh^cdZfg]abXJKA@B6CE9HJ>OQE]_Sgh^bcY^_UbcYgh^jkade[OPF<>2:<0EG;DF:>@4:<079-9;/8:.68,?A5?C7?C7<@426*48,;?3:>2;?3;?3:>2DH<:>28<0CG;AE9JNBGL=DHEI=IMADHHLAGK@GK@HLAPTINRGOSHIMBKODOSHKODIMBDH=OSHOSHOSHNRGNRGLPEJNCHLAQUJTXMJNCQUJLPETXMRVKRVKKODKODHLAGK@FJ?OSHPTITXMJNCFJ?PTIPQGSTJJKATUKWXNQRHQRHVWMZ[QYZPVWMVWMUVLTXMOSHQUJSWLPTIPTISWLRVKRSISTJOPFRSIQRHYZPUVLSTJZ[Q\]S]^T\]SXYOVWMXYO[\RTUKVWMTUK]^T^_U\]S`aWUVLTUKZ[Q\]SYZPVWMZ[Q[\RYZPabX[\RWXNUVLTUKWXN\]S]^TQRHTUKYZPYZPUVLTUKTUKPQGSTJTUKTUKUVLWXNRSIRSISTJPQGLMCTUKVWMOPFWXN[\RJKAUVLSTJNOEHI?NOEPQGSTJUVLLPENRGKODNRGPTITXM\`UY]RKODLPEOSHPTIJNCOSHKODRVKLNBLNBPRFPRFNPDQSGPRFIK?GK@LPEPTIQUJPTIOSHPTIPTIOSHHLAJNCPTIPTINRGOSHNRGJNCOSHIMBKODNRGQUJ[_T`dYY]QUYMW[ONRGZ^S]aV_cXY]RY]RQUJQUJVWMTUKTUKQRHJKAMNDPQGRSIQRHUVLUVLOPFRSINRGRVKRVKOSHRVKW[PUYNMQFW[PY]R\`UUYNVZOQUJRVKOSHLPENRGOSHOSHOSHPTIOSHNRGQRHWXNVWMUVLRSIOPFUVLXYOTXMSWLRVKRVKW[PVZOUYNTXM[\RSTJVWM[\RRSITUK[\R[\RRVKY]R_cXY]R[_Tcg\`dY[_T[_TZ^SNRGQUJZ^SZ^SVZOOSHY]RY]R`dY`dYVZOW[PY]RPTI_`V\]S_`V]^T^_UabX_`V`aW_cXaeZei^dh]bf[cg\ei^cg\_cXaeZ^bW[_T]aV]aV[_TY]R]aVY]Rdh]kodbf[_cXaeZ^bW[^U_bYad[^aX]`Wmpgfi`^aX^bW_cX^bW^bW`cZbe\cf]ad[dg^nqhtwntwntwnrulpsjpsjptiswlqtkpsjruluxo{~uz}y}{{}w{ÿygh_[\SWZQTXMSWLVZOVZOX\QVZORVKTXMZ^S]aV[_TSWLSWLRVKTXMY]RZ^SW[PW[PTXMUYNTXMUYNSWLEI>NRGQUJX\Q[_TVZOTXMPTIX\QY]RY]RY]RPTIJNCKODMQFNRGSWLZ^Sbf[`dY]aV^bWW[P_cX_cX[_TabX_`VYZP\]S`aW\]SWXNMNDHI?JKAPQGKMAFH<9;/79-68,HH2<>2IK?OPF]^UkkeabXcdZYZP<=38:.EG;LNBVXLVXL\^R`bVSUINPDQSGOQEUWKYZPde[fg]mndjkaabXHI?<=3@B6EG;TVJ\^RbcYbcY\]Sde[gh_gh^]^THI?9:0=?3GI=IK?DF:>@479-46*;=1:<046*=?359-7;/<@4=A5>B6<@46:.9=1:>29=1<@4:>2:>2=A5=A5AE9HL@BF:CG;CG;LPDHL@FJ>?C8HL@NRFGK?HL@@D8HL@MQEDHCGHLAOSHPTINRGHLAKODNRGNRGJNCKODOSHQUJOSHPTIRVKQUJTXMVZOTXMRVKIMBIMBPTIHLAMQFKODMQFMQFEI>JNCJNCW[PSTJSTJIJ@UVLXYORSIQRHTUKTUKOPFQRHXYOXYOUYNOSHQUJQUJLPEQUJX\QTXMXYOXYOYZPRSIUVLSTJRSIKLB\]SZ[QWXNUVLUVLXYOYZPYZPVWMYZPVWMde[abXWXN[\RMNDQRHQRHYZP[\R^_UUVLXYO[\RXYO\]SZ[QSTJSTJZ[Q\]SWXN[\RXYOWXNTUKPQGSTJSTJLMCUVL\]STUKUVLSTJUVLRSIUVLNOEYZPSTJLMCVWMZ[QUVLWXNOPFNOELMCNOEPQGNOEOPFUVLRVKMQFGK@OSHW[P^bWdh]X\QNRGOSHPTINRGKODVZONRGOSHTVJSUITVJRTHNPDQSGRTHJL@IMBJNCNRGSWLTXMQUJOSHPTIMQFGK@KODQUJLPEIMBNRGQUJRVKQUJGK@LPEQUJOSHRVKPTIOSGSWKVZNei^`dYVZONRG]`W[_TVZOUYNWXNUVLTUKUVLTUKPQGRSITUKMNDSTJXYOOPFOPF[_TTXMQUJTXMVZOUYNX\Q_cXbf[aeZdh]\`UY]RNRGOSHOSHNRGQUJQUJMQFJNCLPEMQFMQFSTJTUKSTJTUKPQGOPFUVLUVLMQFQUJTXMRVK_cX_cX_cX]aVWXNYZPUVLSTJVWMWXNTUKUVLRVK\`Udh]]aV\`Ucg\[_TQUJTXM]aVY]R`dYhlaaeZ\`UTXMUYNSWL\`U[_TPTIVZO_cXW[P[\RVWMWXNYZP^_UcdZ^_U]^T_cX_cXaeZbf[aeZcg\dh]`dY^bWaeZ_cXZ^S\`U^bW]aV\`UY]RY]Rfj_imb]aV_cXfj_^bWad[UXO[^Ugjacf]dg^[^U_bY`dYimb\`U]aVad[dg^psjdg^cf]lofmpgknenqhpsjmpglofoshswlpsjsvmx{rvypvypx{ry{uz|vy{uz|v|~|{ef\TUK\]SPTITXMZ^SZ^SX\Q^bW_cXQUJUYN]aVcg\[_TX\QSWLTXMW[PVZOVZOW[PX\QSWLRVKPTIGK@IMBPTIQUJUYNTUK[\R]^T[\RRSIXYOXYOUVLOPFFG=JKAXYO^_U\]S]^T_`V\]S`aW]^TbcYbcY]_SacW^`T]^T`aWbcY[\RTUK\]SQRHNOEXZNMOCEG;DF:AC7;=1:<0>@4EG;79-=?3BD8CE9?A579-HJ>HI?IJ@VWN`aXcd[`aW]_SWZKEG;BD8<>2KLBYZP]^Tfg^ef]fg]FG=AB8<=3BD8AC7PRFWZK[\SYZPRTHRTHMOCNPD\]SZ[R`aWcdZklbxyocdZLMCBC9BC9POE[ZPbbV^`TbcY`aWbcZppjvxlhj^MOC=?3?A5CE9@B6@B6<>2;=135)@D8?C715)<@4@D868,:<0AC7CE9AC7@B6?A5;=126*37+AE9BF::>2<@4=A5;?3CG;?C7BF:JNBJNBCG;BF:IMACG;JNBFJ>IMACG;FJ>IMAJNB@D8LPDCG;FJ>QUIGK?CG;SWKJNCJNCKODLPEUYNOSHOSHEI>KODKODLPENRGJNCKODQUJKODLMCSTJPQGKLBPQGSTJPQGNOERVKSWLLPEFJ?JNCQUJUYNW[PPTIKODKODQUJTXMQUJOSHQUJUYNOSHJNCLPEQUJPTIQUJVZOVWMUVLPQGPQGXYOYZPSTJRSIQRHWXNWXNSTJQRHNOERSI\]SUYNVZOX\QVZOSWLW[PY]RVZO\]SVWMRSIUVLSTJTUKYZPRSIOSHRVKSWLUVLTUKVWMYZP[\RWXN_`V[\RWXNRSISTJ^_U]^TTUK_`VXYOSTJPQGWXNUVLXYOPQGZ[QTUKNOEUVLWXNTUKYZPXYOPQGPQGUVLUVLUVLUVLQRHNOEOPFUVLSTJSTJMNDQRHTUKVZOOSHHLAIMBSWLZ^SUYNKODMNDPQGRSIPQGNOENOEQRHTUKOSHNRGMQFMQFMQFKODIMBIMBKODPTINRGGK@RVKNRGPTIW[POQERVJPTHQUIJNCNRFOQEQSGMQFOSHPTIQUJZ^SX\QPTIUYNSWKPTHY[OZ\PPRFRTH[[OVVJUVLVWMWXNUVLVWMSTJOPFXYOUYNSWLMQFJNCOSHJNCRVKMQFUYNRVKY]RTXMW[PX\Qbe\lofuynnrgcg\hla]aVVZOSWLRVKRTHRTHY[OTUKUVLRSIRSIUVLKMASUIVXL[]QSUIOQEKMARTHY]RTXMUYNQUJ\`Udh]swlY]R\`USWLQUJW[PSWLPTIX\QZ^S]aV_cXVZOTXMVZO[_TVZOX\QRSIYZPYZPhi_jka^_U^_UWXNTXMZ^S]aVTXMUYNVZOQUJ]aVPTIY]RZ^S^bW\`UX\QaeZcg\^bWdh]fj_aeZ`dYei^ei^`dYaeZaeZaeZaeZZ^SZ^SaeZ]aVW[P^bWcg\_cX^bWdh]gk`bf[VZOY]R\`U^bW_cX`dYaeZbf[cg\dh]ei^cg\bf[lpequjjncbe\fi`oriqtkkneorisvmlofqripsjvypqtkwzqrulwzq{~utwnvypy|sx{ryztwnmnd\]SYZPYZPY]RRVKSWLMQFVZOW[PY]R\`UY]RUYNTXMVZOSWLQUJSWLVZOX\QZ^SW[PRVKKODEI>GK@NRGVZOX\QTXMZ^SXYOVWMWXN_`VZ[QXYOPQGLMCPQG[\Rde[cdZabXef\cdZZ[Q`aWabXYZPYZP`aWdfZbdXRTH\]STUKNOEOPFRSI[\RPQGMNDGI=BD8AC7FHDF:BD8DF:?A5CE9QSGKMAAC7@B6?A5KMANOE\]SbcY[\SYZPZ[QSUIHK?5MNDJKAWVL]^T`aWZ\Pde[mndqri}LNB79->@4NPDBD8AC735)<>2=?368,8<07;/26*:>29=1>@4>@4@B6?A5;=1<>2?A5=?3AE9<@4=A5@D8;?3BF:?C7?C7EI=EI=GK?IMAGK?BF:?C7@D8AE9IMAHL@DHCG;IMAGK?FJ>FJ>IMALPDEI=GK@GK@GK@HLAPTILPENRGEI>NRGLPEHLAIMBGK@IMBOSHIMBNOERSIOPFKLBNOEPQGNOENOEIMBNRGMQFIMBKODPTISWLVZOPTIQUJNRGLPEMQFOSHRVKX\QTXMUYNPTIJNCLPENRGMQFJNCUVLSTJPQGQRHRSIPQGRSIYZPXYOZ[QWXNVWMYZPVWMSTJWXNW[PQUJSWLX\QW[PSWLTXMW[PPQGUVLZ[Q_`VXYOTUKYZPVWMPTITXMW[PZ[QYZPYZPXYOWXN\]SZ[QRSIUVLZ[Q[\R_`VZ[QTUKXYO[\R[\R[\RRSIRSI[\RVWM^_UZ[QRSIVWMZ[QXYOYZPRSIOPFOPFPQGQRHUVLVWMSTJMNDLMCPQGNOEQRHNOESTJVWMLPENRGNRGKODJNCKODMQFMQFMNDPQGTUKSTJMNDMNDQRHSTJIMBJNCJNCPTITXMQUJOSHJNCFJ?MQFUYNMQFNRGPTIX\QUYNRVJSWKOSGPTHNPDTVJRTHSUIPTIVZOKODLPESWLMQFVZORVKRVJPTHTXLVXLOQEPRFRTHLNBTUKSTJTUKSTJVWMXYORSIRSIOSHRVKKODTXMQUJPTIOSHMQFSWLNRGTXMTXMX\Q_cXjmdsvm{trvklpervkgk`\`U[_TY]RZ\PTVJVXLNOEQRHQRHVWM]^TQSGSUISUIQSGUWKUWKTVJUWKOSHVZOQUJNRGQUJW[PSWL[_TUYNMQFNRGW[PVZOTXM[_T_cXW[PZ^SUYNVZOUYNVZOSWLZ^SYZPTUKTUKWXN]^TXYO[\R\]SY]RY]RW[PUYNY]RX\QSWLW[P\`U]aVZ^S\`U]aV^bWbf[bf[_cX[_TZ^S_cX`dY]aV]aVaeZbf[`dY]aV`dYaeZaeZcg\^bW`dY[_TZ^S^bWbf[gk`hlaei^[_TZ^SY]RZ^S^bWaeZ^bWZ^S\`U[_T]aV]aV]aVcg\gk`aeZknefi`fi`ilcjmdqtkvyptwnstknqhtwnvyp|}wx{ry~ux{ry|swzquxowzqz}t{~u}w|`aXVWMYZP]^TW[P_cX\`U[_TW[PZ^S]aV[_T^bWTXMTXMPTIRVKW[POSHNRGRVKTXMTXMRVKOSHDH=GK@RVK[_T^bWY]RSWLZ^SWXNVWMUVLWXNLMCLMCQRH[\RYZP_`Vhi_jkade[`aW]^TYZPYZP[\R\]SabX`aWXZNVXLSUITUKRSIPQGQRHOPFSTJIJ@FG=DF:=?3<>2CE9JL@HJ>BD8@B6?A5IK?MOCBD8EG;IK?FH2GI=HJ>OQEYZP\]SYZPVWMJKAMNDPRFZ\Pde[abXjkakodyoshVZOCG<>B7JNCfj_fg]_`Vjka`bVimb}wUWK46*:<0EG;HJ>9;/AC7<>2<>2=?3;=18<08<09=1<@4;?3@B6>@4?A5=?3;=1=?3BD8BD8FJ>>B6=A5;?3>B6AE9@D8DHFJ>GK?HL@GK?DHEI=KOCCG;FJ>HL@HL@FJ>EI=LPDPTHAE9AE:HLALPEJNCIMBEI>MQFMQFRVKNRGHLAHLAHLAKODOSHIMBLPEOSHNRGLPEOSHOSHNRGNRGMQFMQFIMBHLAMQFPTIMQFKOD[_T\`UTXMLPEPTIUYNTXMTXMTXMX\QTXMMQFNRGQUJOSHLPELMCOPFVWMXYOTUKSTJUVLVWMUVLWXNUVLWXN]^TZ[QTUKUVLPTIQUJTXMTXMSWLTXMUYNRVKPQGRSISTJXYOWXNWXN[\RXYOTXMUYNUYNVWMVWMWXNWXNUVL[\RYZPTUKXYOYZPWXNZ[QZ[QYZPTUKWXNZ[QcdZWXNTUKUVLTUKYZPXYORSIRSIVWMWXNTUKVWMWXNTUKPQGSTJWXNWXNVWMKLBLMCSTJTUKWXNPQGOPFLMCOSHOSHNRGMQFKODIMBJNCLPENOEOPFUVLTUKLMCJKAOPFPQGJNCNRGMQFUYNVZOOSHOSHJNCNRGGK@NRGKODHLARVK]aVQUJRVKQUJOPFPRFOQESUIQSGOQEKODOSHGK@JNCUYNRVK]aVRVKSWKPTHMQEKOCKOCNRFPTHPRFOPFNOEQRHOPFPQGVWMQRHJKAOSHSWLOSHX\QTXMRVKOSHOSHVZOOSHRVKVZOUYNaeZknetwnw{plpelpervklpecg\imbfj_acWWYMVWMOPFPQGLMCNOERSIRTHTVJUWKMOCSUIRTHXZNWYMSWLQUJTXMTXMOSHX\QQUJY]RW[POSHQUJX\QW[PSWLTXMVZOUYNUYNOSHUYNZ^S`dYY]RW[PY]RSWLTXMVZOW[PW[PRVKVZOY]RVZOQUJVZOX\QSWLSWLSWL[_TX\QY]RX\Q[_T^bW^bW_cX\`UY]RZ^S^bW`dY^bW\`U[_Tcg\bf[[_T[_T\`UZ^S^bWbf[X\Q[_T]aV[_T^bWhlakoddh]_cXaeZaeZ]aV\`U^bW]aVZ^SVZOUYN[_T_cX\`U^bWcg\cg\hkbad[_bYdg^ilcmpgpsjsvmwxonqhorirul}w{~utwnrwnlofuxorulrul}wy|stwn~x¼yzqabYWXNOPFVZOVZOX\QUYN]aVZ^SY]R[_T_cX]aV[_TVZOX\QUYNTXMZ^SRVKUYN_cX]aVRVKKODIMBOSHX\Q^bWW[PUYNX\QW[P[_TXYOTUKNOENOEKLBWXN^_UcdZfg]^_U`aWhi_fg]^_U\]S`aW\]SXYOYZP`aW^_USUINPDPRFTVJY[OWYMRTHFH2;=1?A5DF:EG;FHIK??A5=?3=?3DF:OQETVJ\^R`aWgh^gh^\]SHI?DE;DE;CE9UWKacWgi]`bVVWMNOEFG==>4;>/@B6GI=HJ>IJ@RSIXYObcYRSIGH>RSI`aWabX_`VbcYnoe|uLPE=A6FJ?X\Q]aV^bWbcYcdZZ^Sfj_uynQUJ46*8:.>@4BD8?A5<>2:<09;/79-35)9;/7;/8<08<059-:>29;/8:.;=1;=1:<0;=1=?3<>2<@48<0@D89=1AE9:>2@D8GK?HL@DHJNBDHNRGQUJOSHOSHJNCKODLPELPENRGIMBKODLPEMQFOSHSWLSWLQUJPTIUYNQUJJNCIMBOSHQUJMQFJNCRVKW[PSWLOSHW[P[_TW[PVZO\`U[_TW[PSWLQUJMQFJNCKODOPFRSITUKOPFNOEYZP_`VVWMOPFTUKTUKUVLWXNSTJOPFTUKJNCOSHTXMRVKPTITXMUYNQUJVWMRSIKLBNOEUVLYZP]^TWXNX\QW[PUYNVWMWXNYZPYZPWXNVWMXYOXYOWXNTUKRSIVWMZ[QZ[QWXNUVLUVL^_U^_UYZPPQGWXNWXNYZPYZPUVLWXNYZPVWM\]S_`VYZPTUKWXNWXNTUKUVLUVLSTJUVLQRHTUKOPFQRHOPFUYNOSHKODMQFNRGLPEJNCJNCPQGNOERSIRSIJKAHI?LMCLMCEI>LPELPESWLQUJJNCRVKRVKPTIBF;EI>KODHLALPEUYNOSHNQHNQHPQGPRFOQEPRFNPDNPDNRGHLAPTILPESWLSWLTXMQUJRVKRVKLPEHLAMQFPTIPTIRVKRSITUKYZPRSIMNDVWMUVLNOESWLTXMVZOQUJTXMOSHRVKOSHVZOPTISWLX\QPTI\`Ufi`qtk|}sstjvwmvwmrsihi_mndcdZ[\RPQGQRHNOESTJNOEMNDPQGRTHTVJTVJNPDQSGPRFSUIVXLRVKLPERVKOSHRVKUYNUYNRVKSWLPTISWLVZOW[PVZORVKQUJHLATXMVZOUYNPTIVZOTXMTXMQUJTXMTXM]aVTXMVZONRGRVK]aV[_TVZO\`UX\QPTIY]R[_T`dY\`U]aVUYNSWLZ^S^bWimb^bW\`U\`U]aV^bW^bW]aV^bW`dYbf[[_T[_T\`UW[PZ^SaeZX\Q]aV^bWX\QW[P`dYfj_bf[cg\gk`fj_aeZ]aV_cX_cX]aVZ^SX\Q`dYfj__cX[_TaeZfj__cX[_T[_Tcg\hlaei^hlaqujvwnpsjqtkpsjqtkorilofnsjpsjuxopsjsvm~xwzqmpgtwnstkTUKNOE`aWUYNVZOX\Q[_TPTIUYNSWLPQGTXMRVKW[PZ^S^bWY]RX\QW[P\`UVZOX\Q[_TUYNMQFJNCKODSWL[_T^bWTXMUYN\`UVZOQUJIJ@LMCOPFWXNVWM]^T]^T\]SabX_`V`aW`aW`aWbcYbcY]^T^_U]^TZ[QUVLRSITVJRTHPRFZ\PTVJFH@4@B6?A5BD8EG;DF:@B6>@4DF:LNBMOC57+<>2HJ>DF:QSGceYbdXgh^bcY`aWVWM67-9:0NOE\]SbdX_aUbdXXZNEG;BD8CE9:<0@C4GI=KMAGI=EFLMC\]SSTJNOEXYOhi_abXZ[Qfg]hi_xX\QBF;LPELPE^bWgk`VZO`aWde[ei^txmbfZ.2&;=1=?3>@4?A5>@4=?39;/79-57+24(9;/59-48,6:.15)8<0EG;CE9DF:CE9@B6@B6AC7@B67;/9=1@D8?C7?C7<@4=A5HL@FJ>FJ>EI=CG;FJ>JNBKOCJNBKOCJNBCG;HL@GK?GK?HL@GK?DHIMAEI=HL@JNBHLAKODIMBKODKODLPEMQFIMBFJ?LPEKODMQFNRGKODKODGK@LPEIMBIMBLPEQUJTXMSWLPTILPENRGLPEJNCKODKODLPEQUJIMBQUJTXMRVKQUJOSHPTIVZOW[PW[PTXMQUJPTILPEJNCMQFQRHQRHRSIMNDMNDXYO]^TUVLSTJWXNUVLRSIRSINOELMCQRHKODJNCOSHUYNRVKOSHRVKVZOSTJVWMSTJTUKVWMWXNZ[QXYOSWLTXMTXMXYOZ[Q[\RXYOTUKTUKTUKTUKQRHTUKYZPYZPWXNTUKXYOWXNWXNWXNabX^_UVWMXYOTUKYZP^_UXYOUVLWXNVWM[\R[\RWXNUVLWXNSTJNOERSISTJRSITUKOPFQRHOPFTUKTUKPTIMQFLPEMQFKODGK@GK@KODPQGMNDNOEOPFKLBJKAMNDLMCGK@KODKODPTIMQFGK@NRGQUJDH=DH=IMBOSHKODHLAJNCNRGJOFMPGRSIPRFOQENPDOSHRVKOSHIMBQUJQUJQUJMQFQUJX\QNRGSWLQUJOSHSWLQUJLPEMQFVWMVWMZ[QQRHLMCVWMXYORSIRVKTXMW[PMQFOSHQUJSWLNRGRVKPTITXMX\QOSHX\Qad[psjtukrsiwxnvwmuvlmndmnd\]S_`VQRHOPFKLBQRHPQGQRHUVLUWKRTHLNBQSGSUIUWKRTHXZNOSHTXMKODHLAW[PLPEMQFUYNRVKTXMX\QTXMVZOZ^SRVKNRGQUJUYNW[PY]RRVKRVKOSHNRGPTIX\QTXMZ^SVZOTXMbf[hla`dY_cXZ^S]aVW[PQUJ\`U_cX[_T[_TaeZZ^SVZOY]RZ^Sdh]ei^[_TW[P]aV]aVW[P\`Uimb]aV_cX\`Ucg\jnccg\^bW]aVhla\`UW[PY]RY]RX\Q]aVdh]ei^dh]aeZ^bWaeZei^cg\^bWfj_`dYcg\gk`aeZ\`U_cXaeZ`dY\`U[_Tbf[gk`dh]fj_ptiqriqtky|sx{rpsjmpgjmdmrivyptwnrulvypz}twzquxoy|slmdNOENOEVZOTXM^bWVZO[_TY]RW[PVWM\]SVWMTXMTXMW[PRVKZ^SZ^S\`UUYN[_TX\QRVKKODGK@LPETXMVZOX\Q[_T\`UUYNSWLSWLLPELPEKLBOPFWXNabXYZPWXNXYO^_UWXN]^TbcY_`V\]S^_U]^TVWMYZPWXNYZPVWMTUKUWKRTHTVJOQEBD835)=?3>@4=?3AC7IK?AC7CE9FH@4?A5@A7?@6CD:MNDVWM\]SabXef\fg]UVLTVJacWLNBKLBUVLcd[fg]ik_Z\PAC7<>2<>2;=1IK?EG;GI=GI=DF:PRFNOECD:DE;OQEWXN\]Sij`gh^^_U]^TRTH@D9IMBOSH^bW\`UX\Q\`Ufj__aUmnd}txmHL@+/#EI=69*7:+GJ;?B39<-25&=@17:+57+68,;=115)26*;?3:>2;?3EG;@B6=?3;=18:.:<0=?3>@4?A5AC7@B6HJ>>@4FHFJ>@D8CG;MQEMQECG;NRFLPDDH@4AB8KLBLMCUVLcdZ`aW[\R_`VWXNMND=?3AC7AC7WXN`aXhi`_`VPRFOQEGI=:<0=?3DG8JM>KLBJKAMNDOQEbdXUWKFHCE9GH>VWM_`Vklbfg]cdZbcYbcYccWhi_?@68:.14%05&47(8;,DG89<-9<-25&69*+.35)35)35).2&26*:>2;?39=1@B6;=1;=1<>2;=1<>2@B6AC7?A5=?3AC7FH<=?3EG;BD8CE9>B6CG;DHB6BF:MQEFJ>HLANRGJNCNRGIMBIMBGK@EI>DH=LPEJNCJNCMQFKODMQFOSHRSIOPFNOELMCKLBRSIWXNRSIPTINRGMQFPTIUYNSWLPTIRVKVZONRGOSHRVKPTIRVKUYNQUJSWLVZOTXMSWLUYNSWLQUJPTIWXNRSIPQGSTJSTJNOEQRH[\RZ[QXYOQRHQRHWXNVWMQRHSTJNRFOSGOSGMQEOSGVZNX\PQUIUVL[\RUVLRSIUVLUVLWXNWXN[_TY]RUYNUVLVWMZ[Q[\RZ[QUVLUVLZ[QUVLTUKWXNTUKWXNXYOSTJSTJYZP[\R`aWabX[\RYZPXYOZ[QZ[QUVLSTJUVLVWMWXNTUKTUKWXNXYOXYOWXNTUKUVLSTJTUKNOEQRHPQGSTJQRHUYNQUJOSHQUJRVKRVKPTIPTIMNDPQGMNDOPFUVLQRHLMCRSIPTIGK@MQFNRGRVKTXMLPEPTIOSHNRGGK@KODLPESWLNRGMQFPSJLPEOQELNBOSGIQFKVNJVP[_T]aVLPE[_T\`UTXMOSHLPEUVLWXNTUKRSITUKSWLSWLUYNXYOWXNWXNSTJUVLXYOUVLXYORVKSWLUYNVZOSWLZ^SPTIPTIUYNUYNW[PVZO[_TVZOTWN`cZqrhxyotukwxnxyowxnvwmvwmbcYVWMSTJLMCSTJTVJUWKVXLPRFVXLY[OXZNQSGPRFY[Oik_^bWSWLX\QTXMOSHPTI\`URVKQUJSWLX\QRVKW[P^bWVZO[_TW[PSWLUYN^bWUYNSWLSWLW[PQRHTUKWXNWXN]^TZ[Qjkanoe_bYcf]ad[Z]T^aXbe\\_V[^U[_T[_TX\QX\QY]R]aVgk`kodUYN]aV`dY]aV]aV`dY_cXZ^S\`U`dYaeZbf[[_TX\Q_cX`dYUYN^bWei^aeZ^bWcg\gk`cg\bf[bf[bf[bf[`dYaeZei^imbkodcg\aeZ`dY`dYgk`mqfkodhkbcf]dg^hkbfi`eh_dg^`cZpqhjmdmpgqtkknerulpsjpulrulvyp}wz{~uvypvypx{rwxoUVMFG=JKARVKVZOX\QX\Q_cXVZOVZOZ[Q[\RSTJZ[QX\QY]RX\Q_cX\`U_cX[_T\`UPTIBF;BF;SWL[_TX\QZ^S_cX[_TVZORVKNRGTXM\`U[_T_cXUVL^_U`aW_`VUVLZ[QXYOTUK`aW`aWabX^_UYZPXYOWXNTUK]^T_`VcdZXYOPQGNPD?A58:.8:.@B6;=1AC7CE9HJ>FH<<>2<>2BD8FH@4<>2?A5BD8UVLJKA[\RklbZ[QUVL^_UTUKFG=HI?>@4NPDWYMde[cd[vwnde[BC9?A5EG;CE9AD5BE6GJ;WXNGH>IJ@TUKprfZ\PKMAUWK_aUik_gh^lmdxcdZ8:.HJ>MNDfg]gh^fg]cdZde[abXbcYccWondkj`JI?)* @B6;>/9<-58)=@169*58)?B38;,.1"8;,8:.13'/1%46*7;/7;/6:.6:.9;/79-;=1?A5?A5>@4>@4=?379-35)DF:>@4@B6<>2EG;@B6HL@CG;BF:FJ>IMAGK?FJ>GK?FJ>GK?HL@GK?LPDGK?JNBEI=AE9IMADHMQENRGQUJJNCPTIMQFOSHJNCFJ?GK@NRGHLAFJ?JNCJNCOSHSWLKLBMNDPQGMNDIJ@PQGTUKOPFIMBJNCKODMQFNRGKODLPESWLPTIKODRVKVZOOSHQUJTXMLPERVKNRGNRGUYNW[POSHLPEQUJOPFPQGOPFRSIWXNSTJOPFSTJWXNWXNRSIQRHUVLRSIMNDOPFVZNMQEJNBOSGSWKUYMUYMRVJQRH[\RWXNUVLWXNUVLVWMVWMUYNUYNSWLTUKTUKUVLUVLRSIRSIPQGWXNWXNVWMXYOTUKYZPXYOVWM\]SUVLUVLWXNabX]^TXYO[\R[\RWXNTUKVWMYZPYZPWXNTUKTUKTUKSTJXYOXYOOPFTUKTUKXYOVWM[\RWXNTUKMNDSWLRVKQUJQUJRVKQUJQUJQUJMNDSTJPQGQRHWXNPQGIJ@PQGQUJGK@OSHLPELPEOSHFJ?PTIRVKKODJNCUYNNRGMQFJNCMQFTXMNRGPRFMRCSZMLUKGTLAOIY]R]aVTXMVZONRGQUJHLAX\QXWMXWMTUKSTJSTJSTJOSHLPEUVLXYO[\RXYOWXNTUKPQGZ[QUYNNRGVZOSWLX\QSWLMQFMQFUYNSWLTXMRVKaeZY]RRULZ]Tklbuvlstj|}s{|rrsijkapqglmd_`VXYOLMCPQGRTHTVJTVJSUIXZN]_SUWKTVJOQEY[OacWVZOaeZvzoPTISWLMQFW[POSHX\QUYNY]RSWLVZOY]RPTIZ^SX\Q[_T[_TZ^SPTIW[PW[PRVKWXNYZPWXN_`VWXN^_UTUKXYOTWN^aXad[VYPZ]T_bYTWNTWNSWL[_T[_T_cX]aVY]R`dY`dY\`U[_TZ^SY]RY]RZ^SZ^SZ^S]aV]aV^bWaeZ]aV]aVcg\^bWbf[`dY^bW\`U]aVcg\ei^aeZhlabf[^bW`dYaeZaeZaeZcg\aeZaeZaeZ\`UW[P_cXkodnrgeh_ad[dg^dg^^aXdg^nqhmpgjkbdg^gjampggjaorimpgnqhorisvmuxowzq}w}w}w|{MQF@D9NRGPTISWLTXMNRGWZQ]`WVYPX[R\_VWZQX[RX[RY]R^bW`dY\`U[_T\`UZ^SUYNEK@NRGVZOX\Q^_U_`VVWMRSITXMSWLVZObf[cg\Z^S]aVbf[\_V_bY[^Ube\Y\STWNQTKSVM\`UX\Q[_T[_TRVKRVKW[PUYNX\P[_SNRFFJ>>B6>B68<0=A58:.=?3CE9:<0CE9FH2AC7FH28<0<@4EI=IJ@ef\de[de[]^TZ\PPRFCE9?A5FG=IJ@]^U\]TVWMWXN\^RWYMNPD=?3AC7@B6EG;GI=IK?HI@NOFWXNXYOSTJMOCLNBZ\Pmndfg]lmc|}shi_IJ@BC9WXNY\Sbe\fi`noeabX`aWabX^_U\`TLPD:>215)48,AE948,26*6:.59-37+;?38<07;/26*59-59-59-26*59-6:.48,:>2<@49=1>B68<08<0=A5:>27;/37+:>2;?3<@4?C7CG;FJ>GK?GK?AB8FG=MNDKLBLMCIJ@CD:PQGEI>LPECGLPEJNCQUJJNCHLAJNCTXMJNCKODSWLGK@LPELPEIMBLPEIMBNRGGK@AE:GK@MQFJNCIMBJNCHLAMQFLPELPEQUJQUJVZOMQFNRGPTILPEOSHSWLZ^STXMHLAJNCPTINRGRVKOSHNRGRVKRVKOSHRVKUVLLMCKLBTUKVWMQRHOPFSTJRVKZ^SY]RMQFRVKNRGPTITXMQRHPQGSTJSWLRVKVZOVZONRGTUKZ[QXYOTUKWXNXYOUVLVWM[\RWXNWXNVWMRSISTJVWMQRHTUKTUKVWMXYOVWMSTJTUKXYOVWMYZPSTJWXNZ[QYZP^_UYZPPQGXYO]^TRSISTJZ[QZ[QbcYZ[Q\]SRSIUVLWXNXYOQRHYZPUVLVWMUVLZ[Q`aW[\RPQGNOEQRHTUKQRHZ[QTUKKLBYZP\]SLNBRTHNPDMOCUWKUWKNPDOQEJNCHLAKODHLAQUJHLADH=NRGJNCMQFPTIPTIMQFJNCKODNRGKLBNOENOEUVLSTJMNDTUKVWMJNCTXMVZOW[PVZORVKSWLTXMQUJTXMUYNTXMQUJW[PNRGSWLQRHXYOZ[QSTJNOERSIWXNZ[QSWLQUJUYNSWLVZOPTIPTINRGSTJTUKSTJ^_U^_UUVLWXNVWMbcZnof|}t{|srsjtulyzqvwnlmcabXTUKQRHUVLNRFJNBOSGVZO^bW]aVY]ROSHSWLVZOZ^SUVL`aWXYOSTJYZPUVLOPFNOEXYOWXNTUKUVLTUKUVL[\RZ[Qbf[\`UW[PTXMSWLUYNVZOSWLRVKUYN[_TOSHY]R\`UX\Q`dY^bW\`U_cXZ^STXMVZOVZOVZOW[P[_TTXMUYNTXMZ^SW[PX\Q`dY]aV]aV\`UW[P]aVX\Q`dY`aW_`Vde[ef\`aW_cXcg\aeZgh^ef\Z[Q`aW^_U`aWde[hi__bY_bY]`WZ]TX[R_bYdg^dg^jmdbe\[^Udg^cf]dg^cf]jmdknefi``cZad[eh_fi`ilcpsjnqhhkbhkbkneilcilcnqhsvmrultwnorinqh~x|vy|hla@D99=2IMBSWLZ^SW[PNRGQTKWZQTWNX[RZ]TWZQ[^U[^UZ^SY]RX\QX\QTXMOSHMQFNRGPTIX\Q]aVZ^SW[PVWMQRHRSISWLTXMUYN\`U\`UUYNTXMRVKTWNVYPORIVYPZ]Tad[\_VRULUYNQUJSWLVZOX\Q\`UY]RNRGMQEKOCAE96:.6:.7;/:>2?C7<>2;=1<>29;/CE9KMAHJ>EG;AC7DF:AC7:<0:<0CG;HL@EI=]^T^_U`aWZ[QWXNGI=<>2;=1DF:OPF`aWYZQQRIQRHAB8CE9CE9HJ>KMAHJ>KMABD8JL@OQEJKAlmcz{qPQGMNDMND^`Tgi]_`Vde[ef\_`VIJ@FG=UVLij`^aXkne_cX^_Ufg]hi__`V[\RLPD<@49=18<0CG;@D8=A59=148,6:.59-;?36:.8<07;/<@437+7;/7;/:>2:>26:.8<059-:>2@D8=A5@D8EI=CG;?C7<@4=A5?C7BF:CG;AE9@D8EI=LPDJKAHI?JKAIJ@IJ@KLBGH>EFIMBLPEEI>@D9IMBNRGOSHJNCNRGRVK\`UKODGK@LPEMQFMQFMQFLPEPTIKODNRGIMBGK@JNCOSHNRGNRGLPEFJ?JNCGK@LPEPTIQUJUYNQUJLPEJNCOSHQUJUYN\`UY]RNRGKODLPEOSHQUJNRGNRGTXMUYNRVKSWLHI?QRHWXNTUKQRHQRHRSIQRHX\QKODOSHVZOUYNQUJPTIIMBTUKRSIUVLSWLPTISWLSWLKODJKARSIUVLVWMZ[QZ[QUVLSTJ]^TWXNVWMUVLQRHQRHSTJPQGRSIRSITUKWXNVWMUVLXYO]^T^_UZ[QYZPYZPYZPWXNTUKTUKZ[QRSI\]S\]SSTJXYO[\R[\RYZPYZPUVLSTJVWMVWMNOEWXNZ[QSTJOPFXYO_`VXYOQRHWXNLMCTUKRSIVWMWXNUVLYZPJKAEG;MOCOQEOQEQSGPRFPRFSUISWLUYNTXMNRGRVKMQFGK@MQFIMBJNCMQFQUJRVKPTIMQFLPEMNDYZPPQGJKAOPFSTJWXNTUKPTIPTIMQFQUJTXMSWLTXMPTIOSHOSHRVKOSHSWLUYNPTIQUJTUKZ[QVWMLMCMND[\RcdZbcYW[PUYNUYNTXMTXMPTIPTIPTIPQGWXNVWMSTJSTJVWMZ[QVWM`aXijauvmvwnnofopgstkpqhstjhi_YZPSTJUVLOSGLPDQUIW[PaeZaeZ]aVPTIQUJOSHPTIUVLZ[QUVLVWM\]SWXNTUKVWM[\RVWMQRHSTJUVLXYO^_U`aW`dYY]RTXMTXMUYNX\QW[PRVKUYNSWLVZOTXM^bWY]RUYN^bW`dY[_T[_TUYNTXMY]RZ^S[_TUYNY]RY]RY]RUYN[_TY]R`dYbf[^bWY]RW[PVZO_cX\`Uei^gh^bcY_`V[\RZ[Q_cXei^bf[bcY\]Sfg]klbZ[QabXij`ij``cZ^aX`cZ`cZ\_V\_Vad[dg^fi`ad[be\^aXbe\^aXdg^eh_ad[]`W_bYeh_cf]Y\S]`Wlofbe\ilclofgjacf]kneuxowzqoriorifi`svm}wyuxovypz{rJNC@D9HLAPTIQUJTXMTXMSWLY\SY\SWZQX[RUXOTWNZ]TY\SVZOZ^S]aVY]ROSHFJ?HLANRGXYO]^T\]SVZORVKMQFKODMQFUYN[_T[_T^bW_cX]aVZ^SRVKVZOSWLJNCPTIQUJUYNX\QW[POSHTXMUYNRVKQUJRVKNRGFJ??C7>B6?C78<0?C7:>2;?3:>2:<0=?3BD8DF:CE9GI=BD8CE9EG;@B6@B6AC7BD8IMAUYMX\Pij`fg]fg]VWMKLBDE;<>2EG;MOCXZN]^T[\RVWMEFJL@GI=MOCCE9EG;HJ>OQEWYMWXNEF<]^T[\RabXnoeklb]^TLMCGH>EF215)59-<@4CG;<@4>B67;/8<0;?3:>2<@448,59-37+7;/59-:>28<08<07;/6:.8<059-<@4@D8<@4<@4>B6<@4=A5=A5:>2=A5BF:EI=AE9;?3=A5DHMQFRVKKODOSHOSHZ^SHLAGK@LPELPEIMBIMBKODQUJJNCNRGKODOSHKODKODMQFPTINRGKODQUJMQFPTIJNCHLAJNCPTINRGMQFUYNRVKSWLUYNUYNQUJMQFLPEPTIQUJOSHNRGPTIOSHNRGPTIQRHYZPXYOQRHQRHYZPYZPRSIMQFOSHTXMRVKHLAQUJSWLGK@PQGPQGRSIPTIOSHRVKRVKMQFIJ@PQGTUKVWM[\RZ[QSTJOPF`aWXYOUVLXYOYZPXYOUVLPQGQRHPQGQRHRSIRSIQRHTUKXYO^_UWXN\]SYZPYZPZ[QSTJWXN^_USTJXYOZ[QTUKYZP\]SXYOUVLSTJVWMSTJZ[QUVLMNDVWMUVLPQGKLBQRH_`VabXWXNOPFUVL]^TWXNPQGKLBPQG\]SUVLIK?KMALNBNPDQSGRTHQSGOQEIMBPTIOSHIMBJNCNRGGK@JNCPTINRGMQFNRGNRGMQFMQFMQFPQG[\RTUKPQGVWMPQGMNDQRHSWLNRGNRGTXMTXMTXMX\QSWLSWLOSHSWLMQFW[PUYNSWLQUJUVLWXNSTJMNDQRH\]S_`VZ[QUYNTXMRVKTXMRVKRVKQUJSWLWXNTUKTUKRSIPQGQRHSTJZ[Q`aXijauvmyzqtulrsjtulstkpqghi_[\RTUKTUKPTHNRFPTHRVK\`U]aV[_TQUJSWLQUJRVKUVLSTJPQGXYOZ[QRSIQRHRSINOERSIVWMVWMUVLWXNWXNVWMSWLSWLTXMUYNRVKRVKUYNVZOX\QVZOSWLW[PaeZZ^SZ^S]aV]aVX\QVZOQUJSWLY]RY]R[_TRVKQUJVZOW[PTXMZ^SW[P`dYZ^S\`UY]RY]R\`UaeZY]R^bWgh^abX[\RYZP_`Vhlalpegk`_`VcdZfg][\RTUKcdZ_`VabX]`WX[R[^U`cZ^aX[^U]`Wad[be\cf]eh__bYdg^dg^hkbdg^]`Wcf]ilcilcbe\\_V]`Wbe\dg^knepsjknegjapsj{~u}wuxosvmruly{~upsjnqh~y[\SCGB6?C7>B6;?3:>26:.:>28<08<07;/BD8?A5>@4?A58:.>@4?A5IK?CD:9:0=>4HI?LMCTXMaeZdh][\Rde[bcY[\RCD:GH>AB8NOEXZNVXLQRH_`VklbQRHHJ>@B6BD8LNBBD8HJ>NPDMOCBD8CE9IK?IK?EG;STJbcYklbfg^xyp~_`VDE;PQG\]Sgh^abXYZP^bW\`U[_Tjkavklb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`aWqrhabXUVLRSIEFB6<@4:>2:>2<@4?C7;?37;/;?38<0:>27;/8<0:<068,9;/BD8>@4DF:?A5@B6?@6=>4DE;OPF]^Tnrgpti`dY]^T[\RJKALMC=>4BC9LMC[\R^`TXZNXZNDF:FHB69=1?C726*37+7;/04(6:.6:.26*48,26*6:.26*15).2&59-37+15)26*6:.;?37;/26*9=1>B6@D8;?36:.;?3=A5FJ>GK?EI=@D8@D8AE9?C79=1DE;FG=>?5EFFJ?NRGJNCHLAKODKODLPELPEFJ?IMBMQFEI>QUJJNCKODJNCMQFIMBIMBOSHUYNLPEPTIQUJPTILPEOSHSWLVZOSWLMQFTXMSWLQUJIMBMQFNRGRVKKODJNCRVKOSHQUJPTIRVKTXMMQFLPERVKPTIPTIQUJNRGLPENRGRVKNOESTJWXNVWMSTJQRHPQGNOEKODPTIPTIVZOPTIPTILPEPTIPQGQRHQRHNRGNRGNRGNRGNRGVWMTUKSTJRSIRSIUVLWXNVWMUVLYZP^_U_`V[\RSTJOPFQRHPQGPQGQRHRSISTJTUKUVLWXNVWMZ[QWXNVWMWXNXYO^_U[\RWXN\]SUVLNOESTJZ[Q[\RYZPZ[QVWMRSIklbygh^YZPLMCSTJNOEPQGXYO\]SYZPWXNWXNTUKQRHQRHTUKRSIOPFRSIQRHOQENPDPRFRTHPRFPRFPRFNPDLPEOSHOSHOSHKODQUJJNCLPEJNCLPEPTISWLQUJOSHOSHQUJMNDMNDTUKSTJJKAMNDVWM[\Rnrg[_TNRGOSHNRGQUJW[PPTIUYNVZOOSHPTIOSHQUJOSHRVKTUKQRHPQGQRHQRHQRHUVLYZPUYNVZOSWLX\QRVKTXMQUJTXMWXNPQGVWMWXNWXNVWMQRHXYO`aWjkatukz{qxyorsiqrhuvlvwmopfef\[\RUVLQUINRFIMAW[P\`UY]RUYNMQFRVKSWLUYNTUKQRHRSIZ[QXYOXYO_`VZ[Q\]SWXNSTJNOEUVL[\RTUKTUKTXMPTIPTISWLTXMUYNW[PW[PVZO\`URVKY]RY]RTXM[_TX\QW[P[_T]aVX\QVZOVZOSWLY]RZ^SPTIW[PY]R[_T[_TX\QY]RX\Q^bWZ^S[_TW[PX\QX\Q`dYde[`aW^_Uef\lmcimbdh]bf[cdZbcY\]Sgh^Z[QVWMbcYbcYaeZ^bW^bW_cXaeZei^fj_bf[hlajncei^hladh]imbei^fj_ei^aeZdh]imbimbhlagk`ei^knebe\cf]nqhrulqtksvmvyphkbknetwnilcjmdknesvm}w{|rKLB6:/IMBSWLX\QPTIOSHQUJQUJZ^SX[RQTKSVMVYP[^U]`WUXOMPGJNCFJ?GK@NRGUYNW[PVZOTXMWXNXYORSIZ^S_cXW[PY]RY]RW[PY]RX\QZ^S[_TY]R\`UZ^SPTIW[PVZORVKW[PX\QX\QKODBF:=A59=19=1:>2<@4=A5>B6>B6;?39=1BF:=A5@D8=A5=A5BD8>@4@B6>@479->@4BD8EG;=>4CD:QRH_`Vklbswlnrg]aV[]QOQE=>478.BC9JKAbcY`aWRSI[]Q]_SJL@?A5DF:LNBMNDKLBOPFOPFOPFXYOKLBHI?GH>MOCUWK_`Vfg]fg]tukbcYJKACD:LMCTUKcdZfg]jkaef\gh^_cX]aVY]RSTJFH<9;/<>2:<02>B68<048,;?3<@46:.?C7CG;AE9AE9EI=DHBC9FG=NOEHI?FG=KLBIMBFJ?EI>EI>FJ?JNCKODIMBEI>NRGNRGKODHLAFJ?IMBIMBCGB7=A6Z^SUYNOSHMQFTXMVZONRGOSHRULQTKVYPVYPZ]TY\SMPGKNEBF;IMBSWLW[PTXMPTIQUJW[PY]R[_TTXM^bW`dYWXN\]S^_U\`U]aVY]RX\QW[PUYNUYNQUJNRGRVK[_TaeZ_cXJNCDH=?C8>B6<@4<@4:>27;/;?3@D8>B6?C77;/7;/<@4;?3=A5AE9CG;BD8GI=TVJKMA=?3<>2BD8AC7AB8LMC[\Rde[gh^aeZZ^SRVK@B6>@4GI=BC9STJ[\Rjka^_UPQGHJ>57+;>/>A2HJ>XZNOPFVWMRSIPQGTUK\]SNOEJKAEF259-8<037+15)15)59-<@4;?39=18<09=1=A59=18<0@D8?C78<0AE9FJ>FJ>EI=HL@GK?CG;AB8EFHI?IJ@QRHTXMPTIDH=?C8IMBHLA@D9DH=@D9CGLPELPELPENRGOSHOPFVWMVWMOPFOPFWXNXYOSTJUYNGK@PTIUYNHLAFJ?SWLPTINOERSIQRHNRGQUJQUJRVKW[PXYOUVLVWMTUKNOEMNDOPFMNDTUKTUKOPFSTJabXef\\]STUKMOCLNBLNBMOCPRFRTHSUISUIVWMUVLTUKVWMVWMTUKXYO]^T_`VYZPXYO\]STUKSTJ\]STUKQRIZ[RabYijajkb^_VRSJ[\SZ[QTUKSTJSTJSTJVWMSTJIJ@OPFTUKXYORSIOPFUVLVWMQRHMOCOQEMOCOQETVJRTHOQERTHTXMPTIRVKLPEJNCLPELPEMQFRVKNRGJNCKODMQFNRGOSHPTIUVLLMCUVLXYORSIQRHPQGSTJKODOSHOSHRVKPTIMQFOSHMQFLPEPTIKODNRGOSHLPEOSHQUJPQGWXNXYOSTJRSIVWMVWMQRHPTIQUJUYNVZOW[PSWLTXMUYNZ[QSTJSTJ]^TZ[QOPFUVLbcYnofrsjopglmdopgpqhqrivwnpqgbcYXYORSIOPFQUIUYMSWKIMBQUJSWLVZOSWLX\QUYNTXMUVLWXNVWMWXNUVLUVL\]S\]SVWMQRHUVLSTJRSINOELMCde[TXMTXMX\QX\QRVKOSHTXMY]R]^T[\RWXNgh^_`VSTJSTJWXN[\R^_U]^TVWMZ[Q[\RVWM]^TUYNRVKSWLX\QX\QUYNfj_aeZ_cXZ^SVZOei^_cX^bWcg\bf[_`VabX]^TZ[Q^_U]aV[_T]aVhi_}noe\]ScdZstjtukij`\_Vfi`mpgfi`\_V]`Wad[`cZad[be\fi`ad[dg^ad[ilcmpgcf]hkbnqhhkb_bYeh_nqhknelofmpgnqhlofjmdlofkneeh_gjaad[psj|vrulqtkqtkyTUKBF;OSHTXMMQFLPEMQFSWLTXMOSHUYNVYPWZQZ]TTWNRULLOF?B9BEB7;?4BF:>B6?C7:>26:.>B6CG;;?3:>248,=A5BF:EI=>B6AE9>B6FH;=1;=1TVJYZP]^T_`VjkauvmLMC;=1:<0AD5BE6UWKSUIMNDPQGRSISTJef\de[\]SQRHMNDbcZgh_ij`cdZVWMCE99;/GI=]^TcdZabXij`ij`bcYbcYz{qyjncCG/6;,5:+49*27(8=..3$49*/3'26*48,:>237+26*15)8<004(59-59-7;/7;/7;/9=16:.7;/48,6:.=A5=A5<@4@D8;?3@D8@D8?C7>B6@D8EI=HL@HL@FG=AB8JKAFG=AB8JKAKLBIJ@LPEHLANRGNRGEI>BF;AE:BF;IMBBF;BF;LPEJNCFJ?KODLPEFJ?JNCFJ?NRGLPEKODCGB7AE:NRGJNCQWLX^SQWLQWLPVKHNCPVKW]R[_TY]RW[P\`U]aVX\QX\QW[PSWLRVKTXMW[PUYNUYNX\QY]R_cXQUJTXLNRF=A56:.5:+;@18<0?C7BF:?C7>B6?C7>B6:>29=1@D8<@4CG<@4>B6UYMgk`bf[cg\aeZ^bWW[OBF:15)B6@D8>B69=1/3'13'@D8>B604(/3'26*/3',3&16'6;,16'+0!/4%38)05&/4%<@459-04(26*6:.7;/6:.6:.:?08=.8<07;/;?3AE9>B7=A6@D89=1=A5AE9GK?=A5AE9FJ>EI>;?4?C8GK@GK@LPEMQFBF;KODPTIAE:KODLPE>B7HLADH=BF;GK@GK@IMBNRGHLACGIMBRVKPTIMQFNRGDH=IMBRVKTXMNRGMQFUYNUYNJNCSWLKODIMBNRGMQFEI>EI>JNCIMBNRGKODGK@HLAJNCJNCMQFFJ?IMBOSHMQFIMBNRGRVKLPELPDHL@KOCLPDLPDLPDJNBOSGPTIOSHUYNX\QOSHJNCLPELPEQUJLPENRGLPELPEGK@NRGIMBRVKUYNPTILPEJNCRVKLPERVKNRGNRGOSHLPEGK@LPEPTIJNCOSHQUJUYNW[PX\QVZOTXMRVKTUKJKAVWMQRHMNDUVLOPFVWMRSIUVLPQGUVLXYOVWM[\RWXNZ[QZ[QX\QPVKTZO[\RUTJ`^Tei^quj}v{z{qz{qlmcKLBUVLUVLUVLVWMSTJTUKOPFQRHTUKRSIMNDLMCKLBGH>STJQRHUVLPQGPQGTUKPQGSTJMNDTUKTUKSTJLMCMNDYZPSTJPTHQUILPDKOCOSGMQEKOCOSGVZOPTIQUJJNCGK@PTIRVKOSHNRGNRGJNCMQFX\QZ^SSWLOSHOSHMQFQUJTXMQUJQUJTXMQUJUVLUVLSTJTUKVWMTUKSTJUVLQUJQUJSWL\`U\`USWLQUJPTIUVLNOEVWM\]S^_Uij`de[stjstktulmndjkarsistjmndnoe\]STUKQRHPQGMNDRSIWXNTUKTUKQRHQRHVWMUVLUVLXYOQRHMNDLMCTUKMNDPQGRSITUKPQGKODNRGQUJQUJPTIPTIQUJQUJSWLQUJOSHVZOY]RUYNW[PW[P_cX[_T`dYbf[]aV`dYbf[[_TW[P_cX\`UW[PX\QVZOTXMY]RY]RSWLSWLY]RW[PZ^Sdh]_cXW[P^bW`dY]aV^bWaeZ]aVSWL\`UX\Q\`U\`UUYNW[P[_TUYN]aVei^]aVY]R]aVY]RX\QZ^SUYNUYN[_T_cX[_TX\Q\`U`dYeh_dg^cf]fi`ilceh_^aX\_Vfi`]`Wbe\gjaad[_bYfi`ilcmpgloffi`eh_psjwzqqtkilcqtk{~uknegjapsj}wUYNFJ?JNCTXLPTIQUJOSHOSHRVKVZOUYNPTIdh]jncLPE?C8AE:NRGSWLKODLPESWLUYNSWLSWLPTILPEQUJ\`U_cXZ^SY]R]aVbf[bf[Y]RY]RSWLPTIQUJQUJVZO\`U^bWJNCMQFKOC>B69=159-05&:?07;/9=1:>2;?3<@4=A5<@4;?3;?3DH<:>2BF;=A6AE:DH=VZOQUJ?C8<@5CGSWK`dX^bWZ^S]aVY]RLPEAE9>B6IMANSD]aU\`T\`U^bW\`UPTH37+7;/EI=@D8JNCFJ?MQFOSHNRGVWMTUKJL@LNBPRFVWMlmdmnecg\X\QUYNEI>9=2GK@QUJ^bWef]hi`cdZ_`VbcYnoenoehi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lpeOUJQWLRVKhg]caW|u}fj_^_UqrhjkaabXhi_^_USTJUVLZ[QQRHQRHSTJRSITUKRSIPQGMNDKLBMNDQRHPQGQRHNOEQRHNOERSIYZPRSIOPFQRHOPFPQGSTJPQGOPFUVLSTJQUIKOCIMAQUISWKKOCGK?MQEMQFPTIMQFIMBEI>GK@QUJRVKOSHNRGOSHUYNY]RTXMNRGNRGNRGNRGPTIRVKQUJQUJPTINRGSTJQRHOPFRSIYZPYZPUVLUVLVZOTXMTXMW[PW[PTXMW[P[_TUVLXYO^_Uhi_fg]ij`jkatukuvmlmdjkapqgstjpqglmcjka]^TSTJOPFPQGOPFQRHUVLSTJOPFQRHTUKSTJSTJXYOXYOSTJUVLUVLZ[QRSIPQGTUKRSIMNDUYNTXMRVKOSHLPELPEOSHRVKSWLTXMRVKUYNUYNSWLVZOUYNSWLQUJW[P^bW^bWaeZbf[Y]Rbf[cg\cg\]aVVZOUYNX\QY]RW[PQUJQUJX\QVZOW[P_cX\`USWLW[PZ^SY]RX\QX\QX\QX\QSWLSWLimbvzo[_TTXMZ^SVZObf[kodei^_cX]aVY]RZ^S[_TW[P\`U`dY`dY_cXbf[dh]bf[^aX`cZcf]fi`eh_`cZdg^nqhknebe\eh_knefi`eh_ilcjmdfi`knedg^be\nqhorifi`fi`ilcloftwnlofgjailcuxorulcf]MQFLPEJNCQUJUYNMQFMQFSWLTXMSWLTXMUYNTXMW[P?C8@D9NRGNRGKODNRGPTIRVKW[POSHPTIVZOQUJVZOUYNY]RX\Q\`U[_TW[PX\QW[PUYNRVKSWLVZOUYNRVKMQFFJ?<@4>B6;?37;/=A5>B66:.:>29=16:.59-8<0;?3;?3;?3=A5=A5CG;?C7BF;?C8IMBHLAX\QTXLQUIEI>>B7GK@W[P_cXbf[_cX]aVVZOCG<59.26+;?3OSGZ^Rjnbhla]aVLPEBF:EI=>C4@D8PTHGK?BF;LPEKODY]RY]R\]S[\RGI=GI=QSGTUK[\R`aXfj_[_TUYN>B7:>3QUJ^bW_cX]^U`aW_`Vhi_de[abXMNDAB89=1<@4DH<=A58<0AE9=B3/4%46*26*.2&04(7;/48,15)4;.27(+0!,1"38)27(-2#27(9>/9=17;/7;/9=16:.04(04(48,59-<@49=1:>28<07;/@D8AE98<0;?3AE9AE9FJ>DHEI>FJ?HLAJNCKODKODFJ?MQFHLAFJ?FJ?EI>JNCKODFJ?LPEHLAAE:AE:BF;CGJNCLPEFJ?SWLNRGTXM_cXGK@IMBJNCFJ?LPEJNCIMBNRGSWLRVKNRGMQFTXLNRFMQEHL@FJ>IMALPDUYMUYNNRGOSHQUJNRGOSHRVKQUJMQFTXMJNCIMBKODMQFIMBW[POSHOSHPTINRGLPETXMOSHKODMQFLPELPEQUJVZOVZOTXMUYNTXMPTINRGRVKUYNUYNRVKPTIRSITUKNOEUVLQRHOPF`aW\]S\]SVWMSTJ^_U_`VUVLUVLXYO]\RPTIOSHOSHWXNfe[cg\dh]VWMVWM]^TXYOVWMPQGOPFTUKOPF^_UUVLPQGXYOXYOZ[QYZPWXNUVLRSIQRHNOEKLBMNDPQGUVLQRHOPFSTJOPFOPFLMCGH>LMCQRHRSISTJNOEJKAX\PTXLMQEHL@KOCUYMVZNMQEIMBQUJJNCNRGRVKNRGOSHJNCIMBIMBTXM`dY]aVPTIIMBIMBMQFOSHNRGOSHQUJRVKQUJRVKVWMWXNUVLVWMWXNTUKQRHRSITXMTXMUYNUYNTXMSWLUYNX\Q_`VabX^_Ulmcnoenoelmcjkaopgijalmcopflmcnoeklb^_UZ[QQRHNOEPQGRSITUKVWMTUKOPFOPFQRHNOEZ[Qgh^^_UWXNTUKWXNZ[QVWMQRHVWMPQGIJ@UYNUYNUYNUYNQUJMQFMQFPTIPTIUYNSWLQUJOSHOSHRVKPTIY]RTXMUYNW[PW[P[_T\`UTXM[_TY]R]aVY]RMQFMQFTXMQUJX\QVZOUYNW[PUYNX\Q]aVUYNSWLTXMW[PZ^SW[PSWLW[P^bW]aVQUJUYN\`UMQFRVK]aV\`UaeZei^`dY]aV^bW^bW\`UTXMW[P^bW_cXY]RZ^Sbf[cg\\`Ube\be\dg^eh_`cZ[^Ueh_uxompgcf]cf]gjaeh_fi`jmdjmddg^be\hkbnqhmpgoripsjkneilc]`WhkbpsjoriorivypmpgzQTKLPEQUJPTIOSHX\QVZOSWLNRGNRGVZOUYNJNC@D9FJ?AE:JNCTXMLPEIMBQUJTXMSWLTXMNRGNRGVZOX\Q_cX^bWX\QRVKX\Q[_TVZOUYNQUJRVJMQEKOCKOCHL@EI=?C78<0;?315)6:.@D8AE9AE9@D8;?3;?38<07;/8<0:>2;?3;?3<@4<@4<@4CG;@D9LPEPTIKODLPEDH8<148-9=2HLAaeZcg\cg\dh]RVKHL@JNBAE9>C4>B6GK?JNB;?4LPEei^_cXVZOOPFNOEEFOQEBC9?@6RSI[\Rij`bcY]^Thi_abX[\RMNDTUKFH<:<0@D8@D8?C76:.59-;@18=.7<-35)-1%(, ,0$15)-1%+/#/6)05&05&38)38).3$16'8=.7<-6:.6:.7;/59-37+26*6:.;?337+AE9;?39=16:.7;/CG;>B6<@4<@4=A5=A5BF:DHB7EI>PTIPTIJNCKODLPENRGNRGLPEFJ?CGLPEGK@MQFJNCKODJNCFJ?KODNRGGK@JNCIMBSWLY]RDH=EI>IMBFJ?EI>NRGMQFIMBNRGQUJPTIRVKQUINRFNRFIMAEI=FJ>HL@OSGQUJNRGRVKTXMNRGMQFNRGLPEPTIOSHNRGHLARVKNRGNRGSWLW[PPTIRVKQUJMQFQUJNRGIMBLPERVKNRGIMBPTIVZOUYNTXMUYNVZOUYNTXMTXMTXMQUJMQFOPF]^TNOEOPFWXNPQGYZPbcY_`VZ[QUVLWXNXYOWXNXYOWXNZYOùcg\RVKUYNSWLXYOSTJNOEWXNVWMUVLYZPSTJQRHXYOZ[QOPF^_U[\RQRHVWMYZPUVLWXNXYOYZPZ[QWXNPQGLMCMNDQRHUVLTUKOPFMNDMNDQRHWXNPQGRSIOPFQRHWXNPQGOPFZ^RNRFJNBOSGTXLY]QUYMJNBFJ?RVKNRGJNCOSHOSHMQFPTIMQFHLANRGUYNPTIKODNRGPTIPTITXMPTIMQFQUJRVKRVKW[PUVLVWMUVLVWMWXNUVLTUKWXNZ^SW[PVZOTXMW[P_cXhlaptijkapqgrsiwxnqrhqrhpqgtukjkbijaklbjkafg]ef\`aWUVLTUKRSIPQGPQGRSITUKSTJQRHPQGLMCNOEKLB\]Sklb\]SXYOYZPXYOXYOWXNQRHXYOSTJRSIOSHPTIUYNX\QW[PRVKPTIRVKTXMW[PUYNUYNSWLPTISWLRVKUYNSWLTXMUYNUYNY]R\`UZ^S[_TZ^S^bW]aVVZOUYNW[PUYNPTIVZOVZOUYNX\Qdh]imb\`UW[PW[PZ^S]aV[_TX\Q[_TaeZPTIVZOY]RUYNX\QZ^S[_TZ^Sei^dh]\`UY]R\`Ucg\imb`dYY]R`dY^bWW[PZ^Scg\ei^aeZfj_ei^imblpeimbei^gk`lpejncaeZ^bW`dY_cXbf[gk`imb^bWfj_gk`koduynqujlpeuynloforiqtkmpgrulknenqhvypmneMPGOSHMQFQUJPTIUYNNRGLPEPTITXMRVKKODCGAE9>B6<@4;?3<@4<@48<08<06:.=A5DH<<@48<0>B6>B6=A5>B6=A5;?3:>2;?3<@4;?37;/7;/DHB66:.HL@aeZei^fg]gh_`aXW[PSWLIMB9=2;?4NRGZ^Sbf[aeZswluynLPD26*<@4DHGI=IK?9=1;?3>B6:>27<-16'+0!27(46*15)04(26*37+15)04(07*/4%27(5:+16',1"27(7<-16'15)59-59-26*26*7;/;?3<@448,<@46:.8<07;/6:.AE9=A5BF:=A59=1>B6CG;EI=BF:@D8=A6GK@DH=?C8LPEX\QSWLIMBKODIMBKODIMBHLAHLAGK@QUJKODOSHOSHLPEMQFNRGLPEJNCQUJRVKKODRVKMQFIMBJNCRVKPTIFJ?KODOSHDH=DH=JNCFJ?JNCHLAJNCKODGK@HLAKODKODFJ?OSHX\QPTIIMBEI>LPEMQFGK@OSHLPEFJ?IMBMQFOSHRVKY]QPTHLPDJNBMQEQUINRFPTHRVKMQFNRGPTILPENRGRVKQUJQUJJNCQUJLPEOSHNRGQUJSWL_cXRVKRVKPTINRGOSHPTIQUJPTIVZOPTIHLAKODQUJPTIOSHPTIUYNVZOUYNX\Q\`UW[PNRGYZPPQGOPFSTJRSIWXN_`VZ[QXYOZ[Q\]SYZPUVLSTJUVLYZP_^TZYOcdZJNCQUJVZOW[PPTIYZPZ[QYZPSTJYZPZ[QPQG[\RUVLRSIOPFNOEUVLPQGTUKXYOYZPXYOTUKRSIUVLSTJPQGPQGPQGNOENOESTJSTJOPFPQGSTJTUKNOERSISTJSTJPQGGH>JKAQUIIMAHL@LPDOSGSWKQUIHL@KODNRGOSHLPEcg\oshW[POSHNRGHLAIMBLPEKODNRGRVKPTITXMY]RUYNPTIPTIOSHOSHTXM\]SVWMOPFQRHXYOYZPUVLSTJPTILPEOSHMQFQUJ[_T`dYhlanoelmcqrhqrhnoevwmmndqrhlmdijagh^jkagh^UVLNOEWXNOPFSTJSTJPQGPQGQRHOPFKLBNOEKLBPQGMNDUVL[\RPQGVWM]^TUVLQRHPQGIJ@QRHSTJZ[QQUJQUJRVKTXMSWLSWLUYNZ^SUYNTXMRVKVZOVZOQUJRVKSWLKODPTIW[PY]RX\QY]R[_T[_TVZOY]RVZOUYNW[PTXMQUJSWLTXMX\QVZOW[P]aVfj_hla^bWY]RZ^S\`U_cX`dY_cX_cX`dY]aV]aV^bWSWL]aV]aVcg\^bWSWLZ^S\`U[_TX\QZ^S`dY[_Tbf[fj_bf[\`U^bW_cX^bW_cXz~stxmnrggk`bf[dh]gk`dh]cg\_cX^bW^bW]aV`dYei^imbei^]aVei^nrghlagk`kodgk`psjyz}tilcnqhgjagjaqtkuvmQRIKNESWLJNCLPEKODMQFMQFLPENRGLPECG2;?3<@4:>2:>28<037+59-AE9=A59=1;?3:>2<@4AE9AE9BF:BF:>B6=A5?C7?C7>B659->B6IMAOSHPTISWLLPEIMBLSFW[Ocg\gk`fg]ef\jkamndIMA?C7=A6?C8OSHfj_lpehlagk`mqfX\P>B637+=A5OSGLPE9;/8:.@B6TUKUVLHI?XYOZ[QbcY[\R]^T^_UY[OBD8=?3;=1RTHde[abX_`Vfg^cd[^_UTUKHI?LMCBD8?A5;=1BD8?C7@D8>B68=.7<-05&(-.3$.0$/3'26*37+26*26*15).5(/4%/4%05&/4%-2#/4%05&/4%26*6:.6:.37+37+6:.59-15)7;/59-04(9=1<@47;/>B6@D8AE9:>26:.?C7CG;EI=AE9CG;DH=DH=@D9AE:NRGSWLOSHMQFLPEMQFKODBF;BF;GK@HLAJNCHLAFJ?FJ?GK@HLAGK@GK@GK@OSHUYNMQFUYNPTIUYNLPEDH=HLALPEKODKODMQFJNCGK@LPELPEKODKODKODIMBGK@JNCPTIBF;NRGTXMCGBF:FJ>LPDLPDOSGQUJKODLPENRGMQFPTISWLOSHMQFHLANRGOSHDH=MQFMQFTXM\`UPTIPTIKODLPELPEQUJW[PPTIQUJNRGMQFNRGNRGNRGPTIRVKTXMTXMRVKW[P]aVVZOIMBTUKRSITUKQRHVWMZ[QVWM^_UXYOUVL\]S`aW^_UXYORSIVWMTUKYZP]^T`aWZ[QVZOQRHabX[]Q^`TUWKY[O^`TXZNUYMQUIUVLUVLZ[QOPFVWM[\R`aWcdZ]^T[\RSTJNOEQRHOPFMNDQRHRSIQRHOPFTUKRSILMCPQGUVLVWMPQGUVL_`V`aWTUKOPF[\RLPDPTHOSGHL@FJ>PTHSWKMQEQUJHLAKODSWL{taeZHLAJNCJNCLPENRGQUJTXMQUJHLAQUJVZOUYNPTINRGNRGOSHQUJ]^TXYOQRHPQGTUKTUKQRHQRHPTINRGW[PW[PX\QZ^SVZO[_Tvwmlmcnoeopfwxn~tukopflmdnofjkagh^bcYRSIJKAUVLKLBSTJTUKQRHRSISTJQRHOPFRSIKLBOPFQRHUVLUVLOPFVWMTUKOPFQRHRSIMNDQRHSTJZ[QRVKSWLSWLRVKQUJRVKUYNX\QSWLQUJOSHUYNVZOPTISWLTXMRVKW[P[_TZ^SW[PVZOW[PZ^S[_T]aVVZOTXM[_TZ^SVZO\`U`dY]aVX\Q\`U^bW[_TZ^SX\QY]R[_T]aV_cXaeZcg\cg\aeZgk`W[PaeZaeZ`dY]aVei^SWLTXM]aVaeZcg\aeZ]aV\`UX\QTXMX\QY]R]aVei^ei^dh]kodz}tsvmilc\_VRULY\Sbe\`cZ^aX_bY`cZ_bY_bY`cZdg^hkbfi`eh_cf]fi`jmdeh_`cZeh_nqhx{rz}toriqtkoriknebe\xyoZ[QGH>NRGRULPSJLOFJMDNRGcg\Z^S?C89=2AE:DH=FJ?GK@JNCSWLRVKSWLHLAKODW[PY]RW[PW[PX\QSWLTXM[_T[_TW[PQUJKODSWLY]RRVKGK@;?4<@49=18<08<07;/:>2;?37;/6;,?D57;/6:.>B6@D8BF;AE:CG;@D8>B6?C7@D8@D8AE9AE9@D8IMAPTHSWLOSHNRGSWLRVKZ`Ubh]aeZaeZef\VWMTVJmmaVZN6:.9=1TXM`dY^bW\`U_cXSWLLPD;?3=A5CG;FJ>JNCCF=@B6EG;OQEOPF{|rUVL>?5VWMTUK^_UcdZabYxyoYZP@B6BE6=?3JL@acWklbZ[Q\]Sfg^_`WcdZYZPHI?@B6?A5EG;@B6:<0:>2:>2:?038)/4%,1",1"8=.46*59-7;/59-26*48,6:.29,/4%/4%.3$05&49*38)16'27(.2&04(37+59-7;/6:.48,26*9=248-26*7;/;?3<@4=B3=B3@D8:>248,:>2:>2?C7@D8FJ>KODGK@BF;CGHLAGK@DH=SWLLPELPEOSHLPEGK@GK@KODJNCMQFIMBNRGKODTXMQUJDH=IMBQUJNRGJNCOSHLPEHLAMQFDH=IMBGK@GK@LPELPELPEUYNCGGK?MQEMQELPDMQEJNBLPDJNCJNCQUJSWLNRGNRGQUJNRGMQFJNCMQFLPEGK@NRGFJ?OSHQUJPTISWLKODMQFKODNRGSWLOSHMQFMQFOSHPTIRVKRVKOSHTXMTXMTXMSWLUYNVZOSWLMQFSTJMND]^T_`VPQGTUK[\RZ[QZ[QTUKXYO[\R^_U^_USTJPQG^bWSWL^_U[\RLMC\]S]^TUVL]_SZ\PTVJY[OWYMQUIW[OPTHVWMRSIUVLPQGOPFPQGOPFRSIRSIUVLQRHQRHWXNSTJNOERSIPQGUVLTUKUVLOPFIJ@PQGSTJUVLSTJNOESTJUVLPQGXYOgh^RVJOSGOSGTXLVZNPTHMQERVJNRGJNCMQFNRGbf[mqfW[PRVKRVKRVKLPEIMBMQFRVKQUJNRGPTIPTIOSHLPEKODOSHSWLQUJQRHRSIQRHQRHRSIRSITUKYZPUYNOSHW[PTXMSWLX\QY]Rgk`klbopfrsiqrhnoewxnopfnoeklcrsjqrhfg]\]SVWMSTJQRHNOERSIRSIRSIVWMTUKQRHTUKTUKKLBLMCSTJVWMUVLUVLWXNPQGRSI]^T\]SZ[QZ[QZ[QYZPOSHTXMVZOUYNSWLSWLSWLQUJTXMUYNRVKVZOUYNSWLX\QZ^SUYNX\QW[PTXMUYNX\QZ^S^bW\`UY]RUYNUYNW[PX\QY]R[_T[_T]aVY]R[_T[_TX\QY]RY]RY]R[_T]aV]aV]aV^bWaeZcg\cg\\`Ugk`kodX\Q\`Ufj_\`U]aV^bWVZOUYNY]RY]R]aV`dYcg\bf[^bW`dYfj_`dY[_TaeZ\_V\_Vad[`cZZ]T]`Wbe\]`W_bYad[ad[_bY`cZad[dg^ilcilc`cZfi`lofgjagjaknefi`fi`gjalofhkbloforirulilc~zXYOMNDSTJYZPLOFTWNQTKSVMY]R[_TKOD?C8FJ?GK@IMBVZOZ^S`dY_cXRVKY]RPTILPEVZOZ[QVWM]^TWXNRSIXYOUVLSTJPTI^bW_cXTXMEI>=A6=A6:>348,26*37+7;/;?3AE9BF:>B69>/7<-8<0AE9=A5;?3DH=@D9AE9:>27;/;?3?C7>B6?C7BF:PTHOSGQUIIMBNRGJNCaeZbf[_d[`e\`dY\`U]^TVXLHJ>==1LPDBF:OSGX\QW[P^bW]aVRULHL@CG;EI=@E6DHMOC_aUUVLAB8IJ@IJ@[\RabX_`Vfg^ija\]S8:.36'AC7`bV^`Tef\^_U`aWef]PQHlmcXYOFG=CE9GI=EG;BD8@B6:>237+27(38)6;,16'*/ /4%8:.48,26*-1%(, +/#04(04().-2#+0!+0!38)6;,27(05&04(.2&15)8<09=148,26*59-6:/7;07;/15)59-@D8B6EI>IMBIMBFJ?FJ?IMBKODKODVZORVKFJ?DH=FJ?CGKODUYNQUJFJ?DH=HLAEI>DH=HLAOSHKODKODOSHGK@MQFPTIPTILPEGK@IMBKODGK@BF;JNCGK@EI>LPEJNCEI>JNCHLAIMBKODJNCJNCIMBHLAHLANRGMQFNRGMQFJNCNRGMQFCGHL@GK?IMALPDHL@HL@DH=LPEX\QX\QLPEKODSWLX\QSWLOSHRVKHLAVZOSWLDH=IMBJNCSWL\`UPTISWLNRGJNCJNCQUJPTIPTILPELPEUYNUYNJNCOSHQUJUYNW[PUYNTXMY]R_cXUVLRSI\]S`aWUVLTUKZ[QUVLVWMVWMYZPPQGQRHZ[QSTJOPFRVKTXM[_TUVLTUKMND^_UUVLRRFUWKVXLQSGZ\PY]QPTHaeY\]SPQGKLBYZPTUKMNDGH>MNDOPFTUKSTJSTJXYOQRHHI?KLBNOEUVLPQGQRHQRHPQGUVLOPFLMCYZPUVLTUKVWMSTJXYOYZPX\PVZNMQEJNBSWKVZNRVJPTHNRGPTIPTINRGOSHMQFIMBPTISWLTXMNRGJNCOSHPTINRGPTITXMOSHKODHLAFJ?NRGTXMQUJTUKSTJPQGQRHTUKTUKSTJUVLW[PQUJZ^SVZORVKTXMUYNfj_pqgxyostjrsilmcopfopfklbopgnofpqgklb[\RVWMVWMQRHUVLSTJOPFRSIUVLOPFKLBRSIOPFLMCMNDTUKOPFLMCSTJUVLSTJXYOcdZYZPWXNWXNYZPTUKNRGTXMVZOSWLQUJSWLTXMQUJNRGSWLPTIOSHNRGOSHW[PX\QUYNVZOTXMSWLW[PX\QVZOVZO]aVVZOX\QY]RSWLRVKUYNRVKW[Pcg\`dYX\QVZOX\QZ^SVZOX\QZ^S\`U[_TVZOUYN[_Tcg\\`U_cX]aVcg\Z^Skodfj_Z^SVZO^bWZ^S[_T`dY\`U`dYimbcg\`dYW[PX\QaeZ^bWZ^S`dY_bYZ]T`cZcf]^aX_bYdg^_bYdg^eh_ad[]`W_bYbe\gjalofcf]`cZdg^hkbgjagjailchkbdg^gjajmdhkbloffi`ilclof¿mneLOFILCRULNQHPSJTWNLOFRULIMBEI>MQFAE:HLABF;PTI]aVRVK_cXX\QTXMVZORVKUYNVZO]aU]aV[^UZ]TTWNFI@TXMPTHZ^S^bWGK@EI>?C8:>26:.<@4CG;7;/6:.?C7CG;?C7:>28<09=1=A5;?3>B6@D8EI=:>2;?3=A5=A58<0?C7AE9FJ>CG;GK?IMBKODLPEIMBNRG]aVdh]\`Ucf]ad[`cZ_cX[_SGK?5:+;@1KMAKLB^_Vija\]T\]TPQGIK?QSGCE9EG;QSGJKAIJ@BC9DE;NQHbf[_cWIK?GI=WYMSTJfg^hi_Z[Qlmc{|rvwm=?3;=1@B6YZP]^Tef\_`VcdZfg]JL@acWgi]BD89;/CE9JL@FH<=?3AC78=./49*49*.3$16'37+6:.04(04(48,37+37+/3'*1$07*18+-4'.2&.2&15)6:.59-,0$/3'48,>B68<08<06:.?C759-15)7;/04(48,:>2AE9<@46:.AE9AE9EI=GK?FJ>@D8EI=IMAFJ>DHHLAKODEI>DH=IMBFJ?BF;HLAJNCNRGMQFVZONRGJNCIMBMQFQUJHLANRGMQFNRGOSHMQF[_TQUJGK@HLAQUJQUJIMBJNCDH=MQFOSHKODEI>GK@LPEFJ?GK@CGHLALPEMQFQUJFJ?IMBPTIQUJGK@QUJLPEAE:FJ?LPEIMBGK@JNCPTIPTIHLANRGMQFLPETXMQUJPTIOSHKODX\QQUJOSHMQFIMBBF;PQGQRHSTJRSI\]SQRHMNDPQGQUJSWLUYNOSHMQFPTINRGMQFUYNMQFSWL\`UTXMSWL^bWY]RVWMTUKTUKYZPVWMSTJ[\R_`V[\R^_USTJ]^TPQG[\RQRHTUKQRHZ[QWXNXYOXYOYZP]^TVWMRSIXYO\]SVWMSTJQRHOPFYZPVZNOSGQUIQUIMQEMOCKMANPDNRGOSHOSHW[PW[PPTIOSHNRGPTIPTISWLUYNNRGUYNTXMZ^SSWLKODX\Q]aVPTIMQFSWLY]RY]RSWLMQFZ^SNRGRVKKODLPELPELPEVZOW[PLPEMQFRVKLPEOSGPTHMQEJNBMQESWKSWKNRFMQFRVKNRGPTIMQFLPEHLAPTIPTIQUJQUJOSHSWLRVKKODNRGQUJZ^S^bWVZOY]RZ^SVZOdh]jncptiswlqujoshmqfjncei^bcZxyphi`lmdgh_`aXVWNWXOXYOQRHWXN\`UUYNOSGOSGLPDIMBDH=IMBOSHLPELPEPTIQUJcdZYZPPQGQRHUVLVWMVWMXYOTXMTXMZ^SY]RZ^SMQFPTIW[PSWLRVKPTISWLOSHMQFVZOZ^SPTITXMPTIPTIVZOSWLNRGSWLUYN]aVUYNTXMX\Q]aVTXMSWLX\QY]Rcg\^bWY]R\`UW[PVZOY]RY]R]aV`dY^bWY]R[_TaeZ_cX]aV\`U`dY`dY^bW^bWX\Q]aV\`U\`U\`U`dYimbkodei^]`W]`W\_V[^U`aXcd[`aX[\S[^U`cZeh_fi`be\X[RY\Sgjaad[dg^lof^aX\_Vlofilcfi`eh_cf]ad[_bYad[eh_gjagjaglcglcglcjofnsjlqhjofkpgzcd[SVMSVMUXORUL[^UY\S@C:GK@RVKKODPTIPTIQUJNRGLPELPEKODNRGVZOW[PQUJSWLY]QQUJY]RPSJQTKVZO\`Ufj^UYNIMB=A6DH=7;0:>2=A5=A58<048,48,BF:CG;;?3=A5;?3<@4<@4;?3<@4>B6AE9;?3;?3CG;DHFJ?HLAPTI\`U^bW[_T\`U^aXad[gk`aeZQUJ<@47;/IMATVJYZPabY]^USTKXYPQRHBD8=?3>@4DF:JL@HJ>LNBLMCJKAtwnrvkRVJAC7>@4TVJgh^cd[^_Ude[rsiopfFG=;=1JL@OQEbcYde[[\RabXde[QRHDF:NPDAC7DF:JL@?A59;/BD8BD8<>26;,5:+6;,05&5:+/4%16'27(,0$6:.59-48,59-48,26*,0$)0#*1$*1$-1%04(26*15).2&9=115),0$)-!59-:>2:>215)59-48,37+7;/26*6:.9=1=A5@D88<0AE9=A5=A5AE9GK?BF:?C7>B6EI=JNBJNBHL@EI=GK?FJ?GK@JNCFJ?HLAMQFHLAEI>LPEKODMQFLPERVKKODGK@CGLPEEI>JNCFJ?IMBEI>KODPTILPEKODOSHTXMLPEMQFHLAOSHUYN[_T_cXNRGGK@Y]R^bWLPENRGRVKIMBIMBLMCRSIRSINOENOEQRHNOEJKAOSHTXMZ^SSWLNRGPTINRGOSHVZONRGPTIX\QQUJLPERVKOSHVWMUVLTUKXYOUVLSTJYZPYZP\]SVWMUVL[\RZ[QUVLRSIVWMVWMRSISTJ^_U^_URSITUKZ[QVWMWXN[\RXYOUVLSTJRSIZ[Q]aUSWKPTHLPDHL@MOCPRFUWKOSHPTIOSHUYNUYNQUJQUJOSHQUJX\QX\QSWLLPESWLW[PTXMTXMQUJTXMNRGJNCSWLVZOQUJRVKMQFNRGQUJMQFMQFMQFJNCKODKODPTIQUJKODNRGRVKOSHOSGKOCKOCNRFNRFOSGPTHNRFNRGIMBMQFTXMKODQUJSWLNRGVZOMQFIMBJNCPTIRVKLPENRGMQFQUJZ^SVZOTXMX\QX\Q_cXjncoshptimqfmqfptimqfgk`fg^stkgh_klcgh_cd[_`Wef]_`VZ[Q^_U^bWVZOSWKSWKNRFJNCIMBPTITXMSWLTXMVZOSWLUVLWXN\]S_`V]^TWXNUVLVWMUYNRVKRVKPTIVZORVKX\Q_cXOSHSWLQUJPTINRGQUJW[PRVKNRGY]RZ^SW[PY]RVZORVKVZOZ^S[_TQUJQUJSWLY]RTXMVZOUYNTXM\`UZ^SW[PZ^SY]R\`U[_T[_TZ^SY]RW[PX\QZ^S]aV\`U]aV]aVbf[bf[`dY`dYX\Q]aV^bW^bWZ^SW[PY]RW[PRVKUXOWZQ[^U]`W_`W^_V]^U^_Vdg^be\_bY_bY^aXZ]TZ]T_bYad[be\gja]`W^aXjmdeh_dg^_bYfi`eh_\_V^aXhkbjmdbe\bg^_d[ch_lqhnsjjofmritypmne]^UJMDPSJ\_V_bYZ]TILC>A8SVMPTINRGSWLPTIOSHVZOX\QTXMW[PQUJUYNSWLUYNX\QQUJUYN\`UUYN_cXTWNWZQZ^SLPEOSH>B748-EI>JNC9=2<@4FJ>?C7FJ>?C7@D8DHB6<@4<@4<@4<@4@D8?C7>B6<@4AE9BF:59-<@4@D87;/AE9CG;CG;;?3=A6GK@OSHW[P_cXX\QTXM]aV`dY_cX]aVMQF<@57;0AE:UYNbcY_`V_`VabY^_VSTJKLB?@6>A269*=?3AC79;/?A5OQEGI=QUJW[PAE:@B6<>2LMCef\`aW^_Uhi_fg]STJ*+!EFB6<@46:.37+15)26*-1%,3&+2%07*48,26*48,6:.26*15)59-7;/04(15)15)59-37+37+9=17;/8<059-:>28<0:>2=A56:.?C7:>28<0AE9LPDHL@EI=?C7LPDLPDFJ>KOCKOCIMAHLAFJ?HLAHLAJNCMQFGK@DH=GK@CGLPEPTINRGLPEJNCIMBKODFJ?NRGQUJKODGK@FJ?HLALPEJNCSWLLPELPEJNCAE:IMBOSHGK@GK@IMBNRGOSHIMBHLAKODMQFEI>JNCFJ?LPEUYN^bW_cXKODGK@QUJOSHGK@MQFRVKJNCOSHNOENOELMCTUKLMCQRHNOEOPFRVKRVKTXMPTITXMZ^STXMMQFTXMOSHOSHW[PVZOQUJVZOVZOSTJTUKSTJVWMUVLUVLZ[QXYO_`VYZP[\R^_UbcYYZPXYOXYOVWMUVL[\R^_U]^T[\RXYO\]S[\R[\RbcY`aWYZPXYO[\RbcY[_STXLSWKNRFKOCPRFPRFQSGTXMTXMOSHOSHOSHOSHTXMUYNVZOSWLRVKQUJNRGKODOSHNRGQUJMQFOSHNRGPTITXMQUJQUJTXMNRGRVKKODMQFEI>JNCFJ?LPEMQFNRGMQFMQFNRGPTIPTIKOCMQEOSGJNBHL@QUITXLJNBPTIJNCKODRVKLPESWLTXMLPEMQFJNCPTIQUJMQFLPEMQFTXMPTIQUJ[_T[_TW[P^bWbf[`dY[_Tdh]lpenrgoshnrgjncdh]gh_jkbjkbnoflmdgh_ef]lmd^_UYZPYZPVZOQUJQUIRVJMQENRGPTITXMTXMRVKTXMUYNQUJ_`V[\RWXNXYO[\R]^T\]SZ[Q\`UTXMNRGMQFX\QY]RX\QVZOQUJVZOUYNUYNRVKSWLW[PQUJSWL[_TY]RVZOZ^S[_TVZOTXMUYNTXMQUJX\QZ^S]aVX\QX\Q[_TRVKUYN[_T`dYbf[Z^SUYN\`U\`UX\QTXMTXMW[PX\QW[P[_T^bW`dYdh]cg\bf[cg\\`URVKX\Q[_TX\QVZOW[PZ^SY]RX[RX[R\_Vad[`cZ_`W`aXde\lofdg^_bY^aX]`W]`W^aX]`Wbe\cf]eh__bYdg^ilc`cZdg^be\^aX^aXbe\cf]ad[dg^ilcaf]bg^lqhtypnsjglchmdjoftwnMPGLOFOSHHLAUYNRVKDH=NRGVZOMQFTXMMQFSWLY]RPTITXMVZOY]RSWLNRGRVKQUJRVKY]R\`U_cXUYN\`U_cXW[PUYNLPE<@57;0@D9FJ?MQFKOD15*?C7<@4;?3BF;=A6GK@?C8<@5DH=?C8DH=>B7<@5BF;BF;BF;=A6EI>@D9BF;BF;?C8:>3BF;DH=BF;<@5BF;QUJZ^S[_T[_T[_TZ^S[_TUYMKOC@D837,7;0KODX\Q]`WTUKYZPabXij`de[GH>?@667-9<-@C4EH9?A5CE9LNBZ\POQEHLAFJ?6:/@A7QRH^_U^_U`aWef\Z[QHI?78.<=3VWM\]SabX^_U_`V\]SQRH]_SVXLDF:>@4=?3?A5CE9BD8=?3:<08:.8:.27;/@D8IMACG;DHKODPTIPTIOSHLPEJNCLPEIMBFJ?HLAOSHKODPTI\`UUYNOSHNRGHLAGK@NRGJNCQUJQUJSWLMNDNOEMNDVWMRSITUKQRHXYOQUJNRGMQFJNCQUJZ^SRVKHLASWLSWLNRGQUJSWLQUJRVKRVKRSITUKTUKUVLSTJTUKZ[QWXNYZP[\R[\R[\RYZPZ[QVWMRSIVWM\]SbcYWXNUVL^_UZ[QWXNZ[QXYO_`V\]SVWMZ[Q]^T]^TTXMQUJTXMPTIMQFPQGLMCJKAPTISWLPTIMQFMQFOSHX\QZ^S\`URVKX\QRVKUYNSWLQUJPTIOSHNRGQUJSWLVZORVKNRGW[PUYNMQFPTIKODQUJJNCRVKRVKKODOSHNRGLPENRGLPEJNCMQFKOCNRFPTHIMAEI=PTHUYMKOCNRGQUJKODLPEOSHSWLMQFNRGQUJJNCOSHQUJOSHSWLTXMSWLSWLTXMX\QUYNTXMY]R[_TZ^SRVKW[PaeZkodptinrghlacg\klbgh^klblmcklbij`hi_klbef\[\RTUKQUJOSHQUIQUINRFSWLRVKRVKQUJPTIRVKTXMTXMVWMZ[Q^_U\]SXYOVWMXYOZ[QZ^S_cX_cXW[PRVKOSHSWLZ^SVZOUYNVZO[_TVZOPTIUYNX\QX\QY]RTXMQUJW[PY]RVZOTXMUYNTXMW[Pcg\`dY^bWW[PVZOTXMSWL[_TaeZ\`UW[PVZOX\Q\`U[_TY]RW[PW[PW[PVZOUYN\`U`dYaeZcg\bf[bf[ei^_cXW[P]aV_cX[_TY]R[_T_cXbf[\`UY]RY]R\`U^bW]aV^bWcdZimbaeZaeZdh]`dY_cXaeZaeZdh]ei^fj_cg\hlagk`^bWfj_bf[bf[aeZ`dY_cX`dYcg\fj_ejaglcnsjkpgdi`kpgtyprwn|be\JMDMPGJNCOSHAE:<@5SWLZ^SLPENRGUYNMQFPTIVZOLPESWLSWLW[P_cXUYNLPEQUJOSHHLAJNCGK@RVKZ^SX\QKODCGRVKGK?>B6:>29=2AE:HLA@D9;?4DH=JNCJNCCGB7NOE[\R`aWYZPXYO\]SAB845+89/TUKabX]^T]^TYZP^_UKLBOQETVJ;=1AC7=?38:.=?3?A5=?3:<079-8:.8:.5:+7<-27(49*16'38),1"-2#-1%26*26*6:.8<059-7;/8<059--1%.2&37+26*59-4;.+2%59-59-48,6:.48,26*26*6:.59-9=126*48,7;/=A59=1;?3>B67;/@D8:>28<0<@4AE9:>2>B6DHGK?IMADHOSHSWLW[PVZORVKW[PMQFGK@NRGFJ?AE:;?4GK@NRGW[P\`UTXM[_Tbf[^bWbf[_cXKOD9=148,;?3HLAW[P]aVZ^S\_V^_Ude[Y[O@B668,@B6NOEGH>CE968,<>2GI=TUK_`VcdZef\OSGJNCGK@^_UWXNYZPgh^VXLCE924(:;1QRH\]Sef\ef\abX^_UMNDIK?KMA8:.24(EG;8:.;=1>@4<>2@B6AC79;/8:.8:.27(38)5:+16'6;,16'05&/4%6:.59-04(59-8<037+48,7;//3'*."-1%26*26*18+18++2%,0$59-7;/59-,0$.2&26*8<06:.8<037+6:.6:.;?36:.59-;?36:.>B69=1;?3?C7CG;BF:?C7DHSWKKODIMBMQFKODFJ?DH=BF;IMBHLAHLAOSHNRGOSHIMBKODJNC?C8IMBHLAIMBLPEMQFAE:JNCJNCNRGLPEOSHLPEGK@MQFGK@LPELPEDH=FJ?KODEI>AE:BF;CGIMBMQFHLAKODKODDH=OSHJNCNRGPTIHLACG@D9=A6GK@KODBF;CGCG3<@5CGAE:QUJY]RUYN[_TTXMY]RaeZ^bW[_TRVKBF;7;0?C8IMBPTIY]R^bWaeZmqfbcYOPFCE9=?3:<0FH4PQGwQRINRFMQEMQF^_V_`Wvwmy{oRTH68,=?3MOC`aW`aWbcYfg]abX^`TLNB>@457+=?3HJ>:=.:=.?A5;=146*>@4CE979-13'24(49*5:+7<-27(7<-27(49*49*8<06:.-1%.2&04(+/#,0$-1%04(15)48,7;/6:.29,29,3:-.2&04(/3'48,26*59-15)15)59-9=18<07;/26*:>28<026*9=17;/=A59=1?C7?C7CG;IMA?C7BF:>B6FJ>GK?BF:LPDPTHIMBGK@JNCEI>@D9?C8?C8FJ?GK@IMBNRGLPEPTIHLAGK@FJ?FJ?IMBNRGNRGFJ?HLAAE:EI>KODPTIGK@GK@FJ?AE:IMBIMBMQFQUJGK@DH=JNCJNCHLAFJ?MQFSWLPTIKODFJ?DH=GK@CGB7FJ?VZOMQFDH=<@5HLAOSHHLAOSHWZQTWNBF;FJ>CG;TXMqtky|sfj_SWLFJ?CG<@D9<@4IMABF:JNC?C8KODFJ?EI>LPEGK@QUJVZOei^W[PY]RY]RY]RRVKDH=QUJUYNRVKEI>KODPTIW[PUYN`dY[_TX\Q\`Ucg\`dYNRG9=2GK@W[P\`UTXMX\Q`dYbf[kodTUK=>4:<0@C4:=.FHz{rrsjBC:QUIW[O_cX\]TijadfZ35)=?3PRFY[O^_Ugh^[\RZ[QVWNVXLNPD9;/AC7AC7;=1;>/DG8:<0>@479-<>2@B679-57+35)38)6;,27(5:+27(7<-5:+;@1/3'37+/3'15)59-26*15).2&37+04(-1%.2&37+07*.5(/6)04(.2&/3':>237+/3'.2&:>2.2&6:.7;/37+,0$;?3>B659-=A5=A5@D8:>2=A58<08<0BF:<@4EI=AE9FJ>AE9CG;SWKFJ>DH=BF;EI>BF;?C8AE:CGIMBIMB?C8HLANRGNRGMQFEI>LPESWLIMBDH=IMBPTIQUJOSHRVKNRGGK@KODNRGIMBDH=FJ?DH=OSHPTIOSHCGKODJNCLPEQUJLPELPEKODCGHI?KLBOPF[\RBC9UVLVWMLMCTXMLPEJNCIMBIMBIMBGK@KODKODJNCLPETXMTXMPTISWLQUJTUKQRHMNDPQGRSIRSITUKNOERSI[\R\]S[\RSTJWXNVWMWXNUVL]^TYZP[\R]^T]^T_`VUVLZ[QXYOVWMTUKXYOXYOTUK[\R[_TRVKQUJQUJPQGPQGMNDPQGMQFRVKRVKUYNRVKOSHRVKSWLW[PY]RMQFW[PVZOX\Q[_TSWLNRGQUJVZOSWLRVKSWLPTIQUJSWLY]RUYNOSHRVKSWLPTIOSHRVKPTINRGNRGNRGLPEKODMQFLPDRVJLPDIMAQUIPTHKOCPTHLPEPTINRGUYNRVKNRGKODW[PPTIMQFMQFNRGQUJMQFLPEZ^SZ^SW[PVZO_cXZ^SPTISWLPTIY]RVZOSWLPTIOSHPTITXMX\Qijapqhde\uvmmnehi`hi`lmdij`de[\]SZ[QW[PSWKOSGPTHPTIUYNRVKQUJUYNUYNQUJRVKQRHNOEPQGVWMYZPWXNVWMWXN]aV[_TRVKVZOVZOY]RTXMW[PZ^STXMQUJW[PTXMMQFQUJSWLQUJTXMY]RW[PPTINRGQUJQUJQUJ\`UUYNQUJVZO_cXX\QW[PW[P\`UTXMQUJUYNbf[ptigk`^bW[_TW[PVZOZ^S_cX]aVY]R`dY[_TW[P\`U\`UY]R_cX`dYX\Q[_TUYNSWL]aV^bWZ^S]aV^_VXYPWXO_`Wad[^aX\_V_bYWZQad[ad[]`Wad[dg^`cZ^aXfi`gjabe\^aX[^U_bYeh_ad[be\be\be\`cZ^aX\_V[^U[^U_d[ch_ch_di`glcineglcglcilcJMDX[RTWNOSHIMBLOFBEMSHOUJQWLV\QTZO]aV^bWTXMswl|uOSHDH=[_T\_V^aXeh_X\QX\Qfj_X\QKOD<@4.2&59-?C79=19=1@D8?C7GK?W[OosgJNBgk_jnc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aV`dYX\Q]aVX\QW[PSWLUYNZ^S\`UTXMUYNSWLVZOOSHMQFX\QW[PVZOQUJHLATXMPTIJNCKODNRGUYNQUJRVKTXMNRGSWLQUJRVKPTITXMTXMRVKY]R\`UQUJSWLNRGOSHW[PTXMNRGQUJNRGY]RSWLNRGTXMPTIJNCRVKOSHOSHHLAKODRVKPTIOSHPTIW[PQUJNRGMQFNRGIMBTXMMQFNRGPTIPTIOSHUYNLPETXM]aVNRGNRGOSHOSHSWLRVKMQFUYNSWLW[PY]RVZOOSHTXMX\QIMBSWLTXMPTITXMQUJW[PQUJNRG\_Vcf]eh_psjilceh_gjanqhopf`aWVWM[\RIMBRVKOSHTXMTXMQUJLPEPTIMQFMQFUYNNRGQUJLPEHLAVZO[_TX\Q]aV[_T[_TSWLRVKTXMY]RUYNMQFZ^SSWLLPEKODUYNRVKKODPTIUYNNTINRGQUJQUJLPEPTIW[PYZPMQFUYN\`U\`UX\QUYNTXMTXMW[PRVKTXMMQFOSH^bW]aVW[P[_T[_T\`U]aV]aV[_TW[PTXMUYN[_TW[PY]R[_T[_T`dYZ^SVZOY]RZ^SX\QZ^SZ^SZ^Sdh]`dYVZOY]Rbf[aeZaeZcg\`dYaeZ_cX_cX_cX^bWbf[fj_ei^dg^be\eh__bYbe\ilceh_fi`fi`cf]cf]ad[^aXbe\fi`be\fkb[`W^cZmrifkblqhlqhfkbVYPLOFORIDG>MQFSWLPSJRULORILOFQTKPSJTWN\_VSWLCGB7Y]R_cX\_VZ]TNRGIMBCG<6:/37,59.VZOPTIKODRVKTXMKODKODW[PVZOZ^Sbf[^bW[_TZ^SLPECG2>B6=A5>B6LPDBF:?C7UYMaeYFJ>;?359.@D9X\QVZOTXMvzohlaIMA>B6IMAacWef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aeZRVKZ^Sei^UYNQUJSWLQUJTXMX\QUYNY]R]aVY]RTXMNRGZ^SUYNTXMY]RVZONRGSWLTXMVZOUYNW[PUYNMQFMQFRVKOSHNRGPTIQUJNRGPTIPTINRGSWLTXMX\QY]RRVKNRGQUJNRGJNCPTIPTIUYNTXMPTIQUJPTIOSHRVKNRGKODJNCOSHRVKLPEKODOSHPTINRGNRGPTIKODFJ?SWLUYNGK@SWLTXMLPESWLRVKRVKIMBMQFNRGPTIQUJUYNSWLKODMQFRVKSWLRVKQUJMQFPTIW[PRVKSWLSWLOSHRVKRVKY]RTXMRVKQTKZ]T^aXjmdilcilcmpgqtkklb^_UUVLVWMMQFVZORVKTXMPTIQUJRVKVZOUYNSWLSWLMQFTXMZ^SW[PUYNQUJUYNbf[`dYNRGGK@VZOaeZZ^STXMQUJNRGMQFRVKVZO\`UX\QTXMVZORVKTZOTXMSWLRVKPTIRVKVZOXYOMQFTXMX\QW[PSWLRVKTXMVZOUYNSWLTXMQUJQUJX\QY]RX\QUYNX\QX\QVZOY]R]aVY]RRVKSWL[_T[_T\`UY]RW[P]aV]aVY]R^bW^bWX\QY]RZ^SY]R^bW\`UTXMW[P_cX]aV^bW_cX[_T_cXcg\aeZ[_T[_T`dYcg\bf[gjaeh__bY]`Whkbmpgeh_cf]eh_be\cf]eh_cf]cf]eh_gjabg^^cZdi`mripullqhjofglcuxoFI@EH?ILCORIQUJPTIKODQUJQUJPTIMQFPTISWLZ^SAE:;?4>B7@D9FJ?MQFUYNQUJUYNNRGGK@RVKRVKJNC`dY[^U[_T]aVaeZVZOEI>BF;PTIdh][^Ugja`dY^bWbf[VZOCG<9=2:>3OSH[_TZ^S[_TSWLIMBPTIZ^S[_TaeZ^bWbf[[_TAE:@D9JNCTXM]aV\`UY]RY]RZ^SZ^SX\QaeZY]RLPEOSHX\Q[_T\`UUXOY]RW[PNRGQUJKOD;?4@D9@D8?C7:>226*8<0:>2DH@4FH<>@49;/BD8@D8:>29=1=A5:>215)-1%/3'7<-16'/4%16'27(05&27(7<-7<-B7CGAE9FJ>CG;GI=EI=QUIGK?BF:KOCIMADHEI=BF:FJ>DHFJ?CD:FJ?EI><@5=A6BF;AE:DH=EI>JNCJNCLPEMQFJNCQUJGK@JNCMQEFJ>FJ>PTHFJ>FJ>KOCGK?MQFNRGIMBJNCDH=KODIMBLPEDH=NRGSWLQUJLPEHLALPEUYNMQFNRGIMBJNCGK@HLAHLAQUJEI>OSHUYNJNCJNCJNCMQFFJ?EI>JNCIMBJNCEI>AE:HLALPEHLANRGHLADH=LPEIMBBF;IMBTXMKODKODOSHIMBPQGPRFSUINRGQUJTXMSWLOSHMQFOSHRVKQUJNRGRVKMQFQUJNRGUYNUYNMQFVZOoshPTIVZO]aVW[PTXM]aVUYNUYNQUJW[PX\QSWLW[PQUJMQFTXMRVKMQFIMBLPEQUJPTIUYNPTILPEOSHVZOZ^STXMNRGSWLRVKTXMTXMQUJRVKNRGRVKUYNRVKOSHPTIKODIMBOSHRVKSWLUYNSWLNRGOSHQUJOSHJNCJNCNRGRVKPTINRGOSHPTISWLPTILPEQUJMQFLPESWLVZORVKTXMOSHJNCMQFKODRVKSWLJNCNRGRVKPTIQUJPTIIMBIMBLPENRGNRGRVKQUJMQFRVKSWLRVKQUJNRGRVKUYNZ^SX\QUYNNRGTXMSWL\`U^bWfj_nrgrvkde[Z[QWXNVZOUYNSWLKODMQFQUJRVKVZOW[PX\QVZOMQFLPETXMX\QVZOW[PY]R[_TW[PFJ?RVKVZOW[P[_TZ^SUYNY]R`dYPTIW[P[_T\`UW[PUYNY]RVZOX^SX\QTXMSWLTXMTXMTXMXYOVZOW[PW[PW[PW[PX\QX\QW[POSHY]RX\QTXMUYNX\Q]aV[_TW[Pbf[fj_^bW\`Ubf[dh]`dY^bWaeZ`dY_cXY]RTXMX\QZ^SZ^S_cX]aVVZOX\Q[_T]aV]aVVZORVKX\Q_cX_cXcg\fj_dh]ei^dh]aeZ_cX[_TTXMZ^Sjncknekne_bY^aXknenqhilceh_hkbbe\]`Wbe\gjaeh_eh_ilcbg^`e\af]bg^nsjglcejafkbz`cZTWNKNEGJATWNMQFPTIW[POSHPTIUYNIMBTXMW[PMQF>B7LPELPEMQFVZOTXM[_Tmqf[_TW[P[_TmqfX\QIMBW[PNRG]aVW[PX\QTXMPTIJNCKODei^RUL]`WY]RX\Q_cXZ^SOSHFJ?HLAJNC^bWVZORVKQUJAE:VZO`dY`dY[_T\`U]aVQUJFJ?FJ?PTI[_T_cX\`UZ^SY]RY]R[_TX\QSWLNRGLPEY]R_cXVZOZ^S\`UW[Pgk`X\QCG<>B76:.=A5=A5DH<48,6:.9=1CG;<@4GK?AE9=A5>B6AE9?C7MQFTXM[_T]aVosh`dY)-"/3(JNCX\Q`dYgi]]_SSTJde[vwm^_U?A5BD8GI=<>2AC7?A5AC7BD8DF:BD8<@4:>27;/7;/9=16:.26*26*6;,38)27(5:+5:+16'16'49*16'8=.9>/7<--2#',/4%27(8<059-37+26*-1%,3&29,29,4;.04(/3'7;/59-26*04(48,8<059-26*37+59-59-6:.<@49=18<0=A5;?3;?3?C7>B7BF;DK>=A5=A5EI=?C7AE9@D8CE9HL@DHHL@EI=EI=?C7CG;CG;BF:FJ>CG;=A5GMBIMBGK@FJ?DH=DH=CGEI>?C8AE:DH=EI>IMBIMBNRGJNCRVKGK@JNCJNCFJ?EI>JNBCG;GK?LPDBF:EI=MQEIMAJNCNRGHLACGFJ?FJ?KODJNCFJ?JNCIMBOSHOSHLPEJNCMQFMQFLPENRGQUJIMBLPESWLMQFQRHNOEQRHOSHX\Q[_TSWLPTISWLUYNQUJOSHLPESWLSWLSWLTXMX\QRVKOSHVZOoshTXM^bWdh]_cX[_TVZOZ^SZ^SRVKSWLOSHX\Q[_TLPEFJ?NRGLPEPTIMQFPTIUYNQUJVZOQUJQUJRVKTXMZ^SRVKOSHTXMRVKTXMUYNTXMUYNOSHLPEPTIQUJPTIPTIMQFMQFRVKPTITXMVZOTXMQUJNRGMQFLPEQUJPTIUYNQUJKODMQFNRGJNCRVKQUJLPEQUJMQFSWLSWLUYNVZOVZOVZOY]RUYNIMBPTIY]RIMBPTIVZOPTIMQFNRGLPEOSHHLANRGOSHSWLSWLLPENRGQUJMQFMQFNRGQUJTXMVZOTXMSWLQUJVZOPTIUYNVZO`dYfj_fj_abXTXMW[PZ^SaeZUYNMQFPTITXMSWLUYNRVKVZOW[PLPEPTITXMQUJQUJUYNUYNQUJNRGGK@VZO`dYW[PVZOX\QRVKUYN\`USWLVZOW[PZ^SSWLNRGVZOZ^SU[PW[PRVKQUJTXMRVKQUJXYOY]RTXMPTIRVKW[PX\QTXMNRGUYNhlabf[VZOVZO\`Ubf[Z^SUYN`dYcg\[_TW[P]aV`dY^bWdh]_cX[_T\`U[_TW[PW[PW[P[_T^bWZ^SX\QZ^S^bWcg\bf[\`UZ^S]aV^bW\`U]aV_cX\`Uei^gk`ei^ei^aeZY]Rcg\~wfj_fj_`dYbf[dh]gk`qujmqfjmdeh_^aX`cZfi`fi`eh_loffkbbg^`e\`e\hmdejaejaglcrulRULX[RRULORIORIHLAOSHZ^SRVKQUJX\QNRGPTICG<.2'<@5EI>AE:LPEW[POSHOSH]aVTXMW[Pbf[fj_GK@NRGY]RW[P[_T[_T[_TVZOZ^SW[PPTI]aVbe\eh_aeZ\`UW[PZ^Sgk`jncOSHVZOaeZGK@EI>`dYW[PNRG_cX]aV[_TVZOKODEI>KODSWLZ^SY]RX\QZ^SZ^SW[P[_Tfj_Y]RIMBW[P_cXZ^S]aVZ^SX\QUYNY]R[_TX\QDH=9=1>B66:.>B69=16:.?C704(>B6BF:?C7@D8@D8>B6@D8IMAKODQUJVZOVZODH=8<104)LPE`dY^bWZ^SZ\P^`TKMAJL@SUIEG;AC7FH@4=?3AC7BD8BD8=?326*7;/7;/7;/<@4>B68<026*49*6;,8=.7<-5:+38)38)5:+16'27(8=.38)05&5:+27(-2#48,/3'37+15)+/#,3&3:-3:-8<037+48,59-8<004(,3&.5(8<06:.26*26*59-48,48,7;/9>/7<-8<07;/9=1=A5>B6AE9=D7<@4<@4EI=?C7?C7AE9GI=GK??C7@D8LPDHL@>B6?C7?C7BF:?C7EI=BF:=A5AE9CG;DHFJ?GK@GK@GK@GK@IJ@HLAFJ?HLAFJ?EI>HLAGK@IMBHLAEI>KODBF;GK@JNCJNCKODGK?EI=MQEIMAAE9EI=LPDGK?IMBMQFMQFCG@D9SWLTXMOSHRVKPTIMPG[_Tkod[_T<@5TXMY]RRVKX\Q_cX^bWY]R`dYfj_[_TRVK_bY^aX^bW`dYX\QVZO_cX_cXFJ?PTIVZOW[PRVKTXMY]RNRGW[PSWL\`USWLMQFSWLRVKX\Q[_TY]RVZOW[P_cXimbfj_\`UPTIPTI[_TY]RW[P^bW\`UZ^STXMPTIFJ??C8BF:BF:9=16:.<@46:.:>2>B6BF:@D8BF:>B6;?3UYMLPDBF:OSGNRGbf[W[PAE9/3'59.SWL\`U_cXTXMbf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ptiaeZVZOSTJVWMVWMQUJTXMW[PUYNSWLQUJMQFPTISWLNRGRVKSWLTXMVZORVKPTI^bWY]RPTIOSHOSHPTISWLOSHPTIX\QY]RW[PQUJQUJW[PSWLSYNSWLPTIQUJQUJMQFNRGWXNW[PUYNSWLRVKRVKRVKTXMVZOY]R[_TVZOSWLTXMUYNZ^S[_T^bW\`U[_T\`U^bW_cX^bW[_TX\QX\Q`dYei^fj_aeZZ^SZ^S^bW^bW[_Tbf[`dYY]R\`UVZORVKX\Q`dYdh]dh]`dYaeZcg\bf[fj_bf[]aV_cX_cX^bW`dY^aXWZQ_bYfi`]`Wad[kne_bY\_V\_V[^U_bYfi`fi`be\_bY_d[bg^fkbkpg]bYaf]fkbmrinrlSVMY\SQTKILCILCLOFSWLPTIQUJSWLDH=6:/;?48<1<@5NRGVYPNQHILC\_VVYPRULX[RTWNTWNad[nrgRVK?C8PTITXMLPESWLW[PUYNTXMUYNZ^SZ^SOSHWZQZ]TZ^S`dY]aVNRG@D96:/BF;Z^S[_TY]RNRGGK@TXMRVKX\Q]aV\`UTXM]aVfj_\`UX\QVZOZ^S^bW^bWbf[jnc_cXGK@VZO`dY_cXY]Rbf[gk`bf[hla\`UHLACG<6:.<@4EI=37+59-<@4;?38<0AE9aeYQUI;?37;/EI=W[OIMA<@4LPDUYNdh]LPE:>29=1BF:Z^S^bWae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`dYvzohlaVZOUVLWXNTUKPTIVZOY]RX\QPTIMQFW[P[_TRVKRVKW[POSHIMBNRGOSHSWLSWLVZORVKPTIY]RX\QNRGTXMTXMVZOTXMRVKNRGPTIX\QVZOTZOOSHNRGQUJPTIMQFOSHTUKUYNSWLRVKRVKQUJQUJSWLVZOQUJLPEOSHSWLTXMVZOX\Q\`UUYNY]R\`U[_TX\QVZOX\QZ^S]aV^bWgk`gk`dh]_cXVZOX\QW[PY]RUYNZ^SVZORVKY]ROSHQUJVZO\`U`dY_cX[_T]aVei^ei^_cX]aV`dY`dY\`U]aVcg\eh_^aXbe\eh_be\eh_cf]\_V^aX[^U_bYhkblofilcdg^_bY^cZ`e\^cZ`e\ch_ejaglclqhswqTXR_bYVYPLOFLOFPSJTWNFJ?NRGHLA>B7:>3;?4MQFMQFKODGK@CD;LMDIJA]^U]^UVWNTULSTKPSJWZQgjaQUJOSHMQFPTIHL@XYOWXNWXNXYOIJ@CD:VWM^_UZ[Rcd[^_U_`V`aWMND<=378.JNCVZO[_T`dY[_TKODOSHgk`dh]x|q_cXUYNbf[cg\ei^[_Tfg]^_U`aW_`VRSIKLBPQGSTJ]aVY]R]aVbf[^bW[_TaeZfj_HLA9=29=2@D8;?3;?3?C748,:>2;?39=1AE9JNB>B66:.EI=IMADH8<148,=A5Z^Rcg\]aV^bWUYNNQH?@613'13'25&=@1=?3<>2;<2FH<=?3BD8=?3:<068,9;/:<0=A559-8<0=A59=19=19=115)38)38)5:+6;,6;,7<-8=.:?0/9>/8<06:.<@4?C7;?3FJ>9=1=A5AE9?C7<@4CE9DHFJ>AE9=A5=A5CG;DHEI>BF;FJ?LPELPEEI>CGGK@FJ?QUJCGB7CGKOCIMAKOC?C7HL@JNBIMANRFLPEMQFGK@HLAFJ?MQFLPELPEPTIMQFHLAJNCNRGNRGNRGRVKVZOOSHPTIKODPTITXMVZOIMBOSHNRGPTILPENRGJNCKODHLAQUJPTIQUJQUJHLAJNCRVKKODHLANRGIMBHLAQUJPTIMQFTXMPTHKOCLPDNRGJKARSIPQGQRINRGOSHNRGMQFMQFNRGOSHPTITXMVZOZ^SW[P[_TOSHNRGRVKMQFQUJSWLSWLY]RTXMVZOUYNUYNNRGQUJOSHTXMdh]RVKSWLPTIVZOVZOX\QX\QY]RKODMQFLPEMQF]aV\`URVKTXMNRGGK@SWLOSHJNCPTIUYNTXMVZOSWLRVKQUJUYNUYNPTINRGRVKTXMMQFPTIRVKPTILPEMQFQUJSWLNOEPQGUVLJKAMNDTUKKLBQRHMQFJNCTXMVZO_cXVZONRGW[PLPELPEPTI`dYVZOPTIPTISWLLPEIMBPTIOSHIMBMQFPTIRVKX\QPTINRGSWLQUJRVKW[POSHZ^SRVKOSHLPESWLQUJVZOUYNQUJX\QUYNX\QQUJQUJOSHLPESWLOSHVZOVZOUVL[\RZ[QRSIOSHVZOX\QX\QNRGPTIhlarvkY]RLPELPEKODPTIW[PQUJNRGVZONRGVZOVZORVKUYNQUJPTITXMPTIMQFRVKPTILPETXMW[PRVKGK@GK@MQFLPEJNCLPEOPFX\QTXMRVKTXMVZOUYNRVKPTIW[PRVKZ^SX\QTXMX\QUYNUYNY]R^bW`dY^bW[_T[_TZ^SY]RX\QW[P^bW]aV]aV]aVVZOW[PX\Q\`UUYNX\QUYNW[Pcg\Y]RX\QZ^S\`U^bW\`UY]R_cXlpedh]ei^ei^`dYY]R]aVei^jnceh_be\cf]`cZfi`ilcad[eh_eh_fi`rul{~urulhkbknepsjaf]bg^]bY_d[x}tuzqlqhjof{TXMVZObf[NRGJNCMQFJNCDH=;?46://4+490EJARWNSXOTYPINE05,9<3EH?UXOVYPZ]TX[RWZQJMDUYNJNCDH=FJ?QTKQTKY\SVYP]^UZ[RabYSTJDE;=>4Z[QUWKQRI`aX^_VVZOSWL6:.48,<@4SVMWZQ]aVY]RUYNNRGMQFY]Ropggh_Z[QVWMPQGde[noebcYei^ei^Y]RJNCBF;=A6EI>X\QUYSUXO]`Worief\abXeg[>@44;.7>19@35B648,=A5BF:EI=15)7;0JNCGK@GK@?C8MQF[_SKOCHL@=A526*>B7VZO_bY_`Wde\bc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`VUVLRSITUKRSI\]SVWMYZPSWKUYMX\PSWLVWMTUK^_UXYOQUJUYNQUJQUJUYNVZOX\QW[PRSIHI?VWM\]SUVLXYOnoersi^bWMQFJNCLPESWLUYNLPEMQFUYNRVKRVKUYNTXMOSHMQFOSHPTIVZOOSHQUJJNCLPETXMW[PQUIJNBIMAJNBPRFSUIQSGTVJUYN_cXVZOSWLTXMX\QPTITXMZ^S^bW`dY]aVZ^SZ^SX\QSWLX\QX\Q_cXei^_cXW[PW[P[_T\`U\`USWLPTI\`U_cXZ^SY]R[_TRVKY]RY]R\`Ugk`_cXSWLQVMV[RW\SY^U_d[Y^U_d[X]Tbe\gjaeh_^aX^aXbe\eh_gjajmdfi`eh_X[Rdg^dg^ilc^aX^aX^aXhkbtwnpulhmdinemriilchkbhkbkne~xlofdg^vyp[^UMQFUYNRVKHLAPTIUYNJNC9=237,9=2@EB7GK@TXMTXMbe\eh_Z]T]aVY]RHI?AC7>@4528<08<0=A5>B6CG;@D8BF:<@4BF;JNCOSH?C8DH=RVKNRFDH<>B6<@4>B6MQFbf[`d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aVZ^SSWLOSHQUJSWLRVKRVKUYNUYNVZONRGSWLNRGKODSWLMQFEI>NRGQUJPTINRGPTIRVKLPETXMSWLQUJUYNQUJSWLSWLRVKMQFQUJTXMTXMOSHHLAKODNRGRVKPTIKODRVK^bW\`UNRGOSHNRGW[PEI>PTILPENRGW[PQRHRSIVWMPQGOPFSTJQRHUVLLPEPTIQUJQUJNRGRVKPTIJNCOSHOSHKODOSHMQFKODQUJMQFPTIUYNSWLVZOVZONRGOSHPTIYZPSTJSTJSTJVWM]^TUVLUVLVZOTXMRVKMQF`aW]^TXYOfg]W[PQUJQUJVZOY]RTXMRVKY]RYZPTUKYZPXYOSTJHI?OPFVWMZ^SSWLRVKSWLUYNSWLMQFNRGMQFNRGQUJRVKQUJOSHQUJUYNRVKVZORVKUYNQUJPTIVZOX\QRVJMQEMQEKOCQSGVXLSUITVJW[PX\QY]RX\QQUJUYNW[PVZOQUJY]R`dY_cXW[PW[PY]RY]R\`UY]RZ^S\`UX\QTXMTXMW[PQUJUYNVZOZ^Scg\cg\[_TW[P]aVUYNY]R^bW`dYaeZ\`UTXMWZQY\SVYPX[R]`W]`Wdg^`cZdg^dg^ad[ad[dg^dg^ad[`cZfi`eh_hkbfi`hkbcf]cf]be\eh_]`WZ]T_bYfi`hmdhmdch_gjabe\loflofpsjdg^gjadg^^aXHKBW[PZ^STXM?C8=A6DH=EI>CGA8ORIUXORULPSJWZQ\_Vdg^rvkSWL8<1DH=\_V_bYILCRULVWNUVLuvlxyo:;1<=3PQG^_U[\SYZQabYDH=9=2=A69=1CG;X[Rdg^VZO[_Tcg\]aV9=2>B7VWN_`WbcY`aWJKA67-DE;opflpe^bWW[PLPE@D9QUJcg\Z^S[\SnofopgX\Q@D959.59-9=17;/8<059-8<09=1=?3:<0=?3@D8AE99=1;?3BF:FJ?AE:PTIMQFX\Q^bWKODBF:37+7;/HL@]aV]aVXYO\]S`aWJKA35)57+59-8<09=19=16:.26*8<0FJ>KLBIK?GI=?A5;=1@B6@B6DG89;/24(AC7>@48:.AC7=?3>@46:.9=18<0>B6>B659-37+6:.-1%37+6:.26*.2&.2&26*59-04(15)37+15)37+48,37++/#-1%.2&15)37+59-7;/59-/3'15)<@46:.9=17;/59-<@46:.:A4:>2;?348,:>2?C76:.;=1BF:9=1@D8GK?EI==A5?C7@D8FJ?BF;AE:BF;HLAEI>?C8FJ?RVKLPEFJ?EI>HLAIMBLPEVZOMQEDHGK@DH=BF;JNCHLAGK@BF;NRGEI>DH=FJ?FJ?BF;HLACG38<18<17;0:>3BF;QUJIMB[_TUYNBF;HLAW[PNRG9=28<1NRGVZOY]RW[PZ^SW[P_cXquj@D9@D9MQFY\S[^U]`Wad[X\QRVKRVK@D96:/DH=UYN\`USTKabYcdZCG<;?4<@58<1PTH`cZdg^VZOVZOSWLHLA7;0MQFZ]T_bYfj_gk`VZO?C8?C8[_ThlaMQFFJ?NRGSWLbf[jnc^bWWXOmndxyoWXN59.6:.;?38?259-;?3;?3AC7;=1>@4;=1>@4@D89=137+:>2EI=HLA;?4IMBX\QZ^SX\QGK@BF;:>3AE:VZO\]Sgh^_`VTUKRSIEG;8:.<>28<0;?3;?39=1:>2?C7@D8@D8JKAEG;GI=@B6AC7>@4>@4?B3=?335)?A5EG;>@4:<079-9;/59-9=16:.8<08<037+04(-1%04(37+6:.59-48,37+48,59-7;//3'04(,0$26*48,8<0/3'48,.2&.2&15)26*26*37+26*37+59-.2&:>29=148,=A59=1FM@EI=?C78<0>B6AE9:>2?A5@D88<0<@4<@4>B68<0?C7?C7EI>CGY]RJNCCGFJ?QUJGK@LPEFJ?EI>HLANRGHLAHLAKODQUJKODLPEHLALPELPEFJ?KODSTJJNCMQFHLAOSHRVKQUJSWLMQFKODSWLQUJHLAGK@TXMUYNOSHPTIUYNNRGOSHSWLNRGMQFRVKTXMLPEMQFPTIVZOIMBGK@KODGK@OSHLPEPTIMQFOSHRVKQUJKODJNCNRGY]RUYNKODKODKODRVKMQFPTIJNCPTILPEVZOTXMPTILPELPEIMBNRGOSHRVKPTIMNDPQGNOEWXNTUKZ[QVWMZ[QX\QRVKRVKQUJ^bWSWLW[POSHKODNRGUYNW[PVZOZ^SY]RPTIOSHTXMSWLQUJ[_TW[PJNCMQFSWLTXM]aVZ^SJNC[_T]aVPTIRVKX\QRVKTXMMQFNRGNRGPTIPTINRGPTINRGNRGNRGKODMQFLPEGK@LPENRGFJ?FJ?KODJNCIMBLPEOSHW[POSHPTIdh]RVKTXMOSHMQFKODKODNRGPTIRVKOSHPTIPTIHLANRGJNCNRGQUJNRGOSHSWLTXMNRGJNCOSHSWLRVKSWLPTIPTIQUJOSHTXMZ^SRVKOSHNRGGK@MQFJNCMQFPTIVZO_cX_cXNRGVZO^bWVWMZ[Q]aVTXMZ^SVZOTXMW[PNRGRVKRVKVZOSWLNRGW[POSHNRGX\QZ^SY]ROSHOSHPTIPTIVZOSWLNRGQUJUYN[_T`dY`dYY]RRVKPTIQUJTXMW[PW[PQUJSWLUYNSWLNRGPTIPTITXMX\QTXMWXNPTIW[PW[PPTIW[PNRGOSHX\QVZOTXMVZOUYNPTIUYN^bW_cX[_T[_TW[PUYNW[PX\QX\QW[PY]RUYNVZOY]RY]RX\QX\QW[PX\QY]RVZO_cXbf[Y]R\`U_cX_`VbcY]^TabX]^TcdZef\hi_dh]fj_ei^bf[aeZ_cXcg\jncbf[lpemqfei^]aVaeZfj_hlaeh_ad[gjanqhjmdad[`cZdi`cf]dg^cf]]`Wcf]]`W_bYbe\svmSVMMPGUYNQUJ@D9AE:AE:9=248-48-15*37,CG<>B7JNCUYNOSHGK@@D926+AE:TXMX\Q\`U[_TZ^SPTISWLCG<(,!BF;MQFLOFX[Rbe\WZQW[Pbf[X\Q8<159.6:/OSHX\QPQGTUKQRHIMB>B704)8<1X\Q_bY\_VY]RQUJFJ?=A6<@5KOD_bY_bYjncimb_cXRVKIMBNRGjnc_cX`dYgk`ei^aeZ`dY^bWfg]cdZ]^TGH>;?4:>237+8?259-;?3<@4AC7<>2AC7AC7BD8CG;9=1;?3FJ>HL@JNCCG@49;/<>2;=1>@4<@4>B6>B6=A5>B6BF:CG;?C7?@668,:<079-@B6=?3;=19<-?A59;/9;/DF:>@457+9;/57+7;/=A559-15)48,7;/6:.-1%04(15)48,8<0:>29=148,15)6:.-1%/3'.2&04(.2&59-26*9=148,26*15)/3'26*37+15)48,26*+/#48,6:.26*:>26:.9@3AE9<@4:>2;?3:>2?C7DF:?C7@D8DHB6BF;IMBIMB`dYSWLAE:BF;FJ?LPENRGJNCEI>RVKBF;DH=MQFKODKODHLALPEIMBIJ@IMBJNCPTIQUJIMBHLAMQFRVKLPEMQFHLAIMBMQFKODOSHOSHMQFKODNRGRVKQUJQUJPTISWLW[PPTIOSHRVKJNCJNCQUJTXMKODJNCMQFUYNIMBFJ?HLAHLAPTIOSHSWLLPEPTILPEKODNRGQUJOSHNRGJNCJNCNRGIMBOSHLPEQUJRVKQUJOSHSWLTXMSWLQUJLPENRGNRGQUJMQFKODSTJMNDMNDTUKUVLTUKTUKXYORVKPTIUYNRVKZ^SNRGVZORVKcg\]aV[_TY]RUYNVZOW[PRVKTXMVZORVKQUJZ^SZ^SKODLPEUYNOSHQUJX\QTXMZ^SRVKMQFQUJVZOQUJVZONRGNRGOSHPTIMQFKODMQFKODLPENRGKODMQFKODIMBLPEIMBGK@PTIUYNKODFJ?KODPTIPTIVZOSWL{MQFNRGNRGMQFJNCOSHVZOTXMVZOW[PQUJDH=JNCJNCKODIMBNRGNRGUYNW[PRVKOSHSWLX\QMQFOSHMQFHLAJNCNRGQUJVZOX\PQUJNRGMQFTXMLPENQHNQHV[R\aXWZQSWLUYNQUJMQFSWL[_TQUJY]RUYNQUJVZOQUJUYNX\QY]RVZOLPENRGKODMQFMQFUYNX\QRVKTXMTXMRVKVZOPTINRGSWLW[PX\QW[PX\QX\QY]ROSHOSHUYNY]RX\QVZOW[P]aVVWMLPEMQFOSHSWLSWLOSHRVKRVKX\QX\QSWL[_TPTILPEPTIRVKSWLW[PUYNOSHRVK_cXfj_`dY_cXW[PPTIRVKUYNW[PZ^SZ^SW[PZ^S^bW\`UX\QTXMQUJUYNZ^SX\Q_cX`dYZ^S_cXaeZbcY_`VZ[Q]^T]^TcdZ^_U^_UY]Rcg\fj_bf[_cXaeZei^jnckodjncgk`_cXdh]imbimbbf[_d[Z_V`cZilcilceh_eh_gjadg^mpgoridg^eh_cf]eh_gja~be\TWNTWNVZOQUJJNCOSHPTIFJ?CG3.2'26+OSH[_TAE:37,DH=QTKWZQUXOUXOWZQWZQQTKQTK<@5:>3LPEZ^STWN]`WX[RTWNVZOX\QMQFFJ?BF;GK@X\QTWN\]SSTJMNDUYNCG<>B7UYN_cX]`WUXO`dY`dYMQF<@5?C8KOD`cZ_bYmqfimbdh]]aVUYNUYNVZO_cXfj_ei^_cX[_T]aVcg\^_UFG=BC9>B68<0:>27;/6:.8<08<08<0:>2;?3EG;GI=CE9<@4>B6LPDUYMEI=DH=MQF^bWcg\SWLEI>@D9AE:_cXcg\Y]Rfg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cg\kodJNCPTITXMSWLJNCKODTXMQUJTXM[_TW[PHLAJNCQUJOSHCGDH=OSHZ^SX\QQUJFJ?9=2<@506+06+4:/5;017,5;0FLASYNY\SUXORULQTKWZQX[RWZQRULHLALPEMQFTXMTWNWZQTWN\_VVZORVKSWLTXMEI>MQFWZQTWNXYOPQGIJ@LPE;?4FJ?_cXW[Pfi`Y\S]aV_cXHLA=A6FJ?\`Ube\[^Uei^cg\gk`[_TQUJ]aVjncgk`bf[^bW`dYdh]^bWRVKBF:37+>B6AE926*9;/AC79;/9@38?2;B5;?3<@4AE9DH<<@448,@D8LPDX\PLPDJNCVZOcg\W[PJNCFJ?IMBTXMhkbilc_bYbcYSTJBD8;>/=@1=B3;?39=1:>259-8<0<@459-04(7;/?C7EF<@B6AC79;/8:.79-79-;>/EG;JL@>@4;=1=?3;=1=?38:.5:+:?027(/4%5:+:?0:?027(6:.15).2&.2&.2&-1%/3'37+59-9=17;/48,-1%+/#-1%6:./3'04(26*15).2&/3'15)/3'26*37+<@4.2&<@49=1<@4<@48?26:.7;/;?3:>2=A5BF:@B69=1@D8BF:CG;BF:DH<@D8?C7FJ?CGCGQUJSWLX\QSWLQUJJNCNRGTXM[_T^bWW[POSHNRGSWLPTINRGNRGKODUYNUYNY]RRVKUYN_cXX\QPTIMQFOSHTXMSWLQUJRVKUYNSWLPTIW[PRVK[_TUYNTXMSWLSWLQUJJNCJNCHLAFJ?IMBMQFIMBCGQUJ[_TTXMHLALPE=C8:@56<17=29?4:@5FLAZ`U\_VUXOUXOUXO]`W\_V[^UQTKDH=SWL[_TVZOZ]TWZQY\SQTKEI=@D9IMBHLAHLAUXOVYPSVMZ[QUVLKLBNOEAE:KOD[_T\`Uad[]`WVZOSWL@D9HLALPEY]RilcZ]T\`U_cXoshZ^SHLA_cXimbdh]ei^ei^`dY`dYZ^SJNC8<0>B6AE9?C7;=146*8:.CE9;B5E8B6RVJ\`U_cX]aVY]RIMB=A6EI>PTIaeZ`cZ\_V[^UWVLEF<68,14%8;,@E6BF:;?39=126*37+7;/6:.8<0:>26:.IJ@=?368,57+>@4FH<@B6;=1@B6AC7<>2;=1@B6=?38:.>@45:+8=.27(27(6;,6;,5:+/4%37+37+59-6:.26*-1%-1%15)/3'8<059-59-26*37+,0$-1%04((, ,0$59-37++/#/3'8<06:.26*AE926*@D848,37+=A5>B659-?C7=A537+;?3AE9GI=HL@HL@BF:DHB7?C8DH=GK@EI>PTINRGTXMCGLPEX\QMQFUYNJNCHLAPTIFJ?PTIHLAIMBGK@IMBHLAHLALPEHLAORIILChkbx{rkneknenqhkne\`URVKNRGKODTXMSWLVZOSWLZ[QWXNTUK_`VRSIVWMVWM]^TOSHQUJOSHQUJMQFIMBOSHRVKJNCPTIPTIQUJSWLNRGKODOSHMQFMQFQUJRVKHLARVKSWLVZOUYNFJ?QUJW[PUYNJNCNRGSWL]aVNRGMQFTXMUYNJNCTXMX\Q[_TRVKOSHNRGMQFLPEFJ?GK@GK@KODKODJNCMQFOSHMQFKODLPEGK@RVKRVKQUJNRGSWLUYNVZONRGJNCQUJNRGLPEUYNOSHNRGNRGSWL\`UQUJPTIOSHPTINRGFJ?LPEKODHLAKODMQFVZOQUJNRGQUJPTISWLTXMJNCMQFLPDLPDIMAOSHNRGruldh]W[POSHTXLRVKW[P\`UY]RNRGQUJY]RQUJNRGQUJPTINRGW[PMQFJNCSWLUYNOSHTXMUYNY]RZ^SQUJQUJZ^SVZOUYNX\QY]RW[PVZOY]R^bW]aVW[P_cXW[Pgk`X\Q[_T^_U]^T[\RRSISWL]aV[_TVZOUYN^bWUYNUYNZ^S^bWRVKTXMQUJW[PVZOX\Q_cXVZONRGUYN]aV]aVUYNSWLZ^SY]RVZO]aV]aVcg\[_TQUJQUJRVKTXM]aV[_TPTIY]R\`UW[PX\QW[PY]R[`WTYP\aXY^U`e\_d[\aX]bYX[R^aXcf]fi`fi`be\ad[eh_hkborihkbilc^aXhkb_bY[^U_d[af]di`fi`dg^fi`eh__bYY\Sgjadg^be\hkbcf]`cZpsjgjaZ^SX\QHLADHB7FJ?IMBRVKTXMGK@KODNRGNRGKODGK@OSHUYNQUJY]RSWLW[Pdh]SVMAD;;<2=>4JKATUKSTJPQGJKAAB8;:0OND]\RYXN]\R^]SWVLa`VY]Q26*;?3AE9=A5CG;>B6EI=OSHX\QY]RDH=JNCPTIOSHVZO_cX_cX`dY_cXnrgcg\HLA`dY]^Ufg^mndhi_gh^XZN@B6CE9<@4;?3?C7:>2=A56:.59->B6=A5<@4AE9JNBJNB>B648,6:.@D8MQEMQEOSHZ^Sfj_`c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cXqujei^oshtwnilcnoflmdde\OPGTULUVMXYPabYTWNZ]TaeZhlagk`X\QOSHTXMMQF_cXUYNMQFQUJOSHPTIOSHHLAUYNY]RPTIIMBLPEOSHMQFQUJMQFPTISWLUYNRVKY]RQUJSWLPTIKODPTIMQFQUJNRGMQFKODMQFNRGX\QZ^SQUJNRGNRGOSHGK@HLAJNCPTIHLAJNCMQFHI?FG=UVLNOEIJ@GH>LMCQRHRSIJKAUVLXYOOPFGH>STJVWMWXNKLBKLBKLBYZPUVLNOELMCSWLMQFRVKW[P^bWSWLNRGIMBGK@MQFOSHDH=TXMQUJGK@QUJRVKQUJMQFLPENRGNRGOSHTXMOUJNTIJNCKODKODX\Qz{qzhi_RSIQRHOPFTWNTWNORIQUJUYNX\Q[_TW[OVZOSWLOSHTXMNRGQUIMQELPDUYNLPEHLASWLTXMTXM\`UTXMRVKQUJX\QTXMW[PZ^SRVK]aV\_V_bY\`UZ^SVZOSWLW[PW[P\`UX\QTXMVZO\`Ufj_dh]SWLTXMSWLQUJ\`U\`URVKW[P[_TVZOX\QVZOTXMVZORVKQUJW[Popfei^Z^SU[PRXM]aV[_TbcYbcY[\RWXNVWMXYO]^T]^TXYOW[P[_TX\QZ^SUYN[_TY]R\`UZ]TTWNUXOqtk{x{rbe\_bY[^U\_VZ]T^aXZ]Tbe\`cZ]`Wdg^gjailceh_gjajmddg^cf]hkbhkbdg^fi`fi`gjagja_bY`e\bg^ch_glchmdglc[`Wjofx{rUXOLPEOSHAE:9=1?C7BF:HLALPENRGMQF=A67;059.@D9BF;PTITXMX\QY]RFJ?:>3AE:BF;?C8LPEMQFSWLei^Z]TILC>B77;015*/3(59.>B7=A648-AE:GK@JNCEI>EI>?C8;?4LPEAE926*.2&(, 59-CG;;?3?C7JNCKODTXMHLA@D9FJ?VZO[_Tcg\`dY\`U^bWbf[W[PPTIY]R\_V\_Vei^ei^SWL?C79=1AE9CG;59-9=1<@4AE9?C7?C7?C7;?337+:>2EI=EI=CG;@D89=1GK??C7LPEZ^SY]RY]RSWLDH=GK@OSHY]R[_T]aV]aVRVKFJ?;?38<0;?3:>2;?38<0:>26:.:<0?A5>@4@B6;=1/1%13':<0;?39=148,6:.04(7;/7;/6:.:>2@D89=148,8<0=A5:>29=1:<079-;=159-59-6:.26*48,7;/37+7;/37+26*04(59-/3'37+26*6:.9=148,26*/3'59-.3$49*7<-48,6:.59-26*/3'15)6:.8<06:.59-7;/9=1:>26:.8<0>B6BF:AE9>B6=A5@D8>B6BF:DHB6@D8CG;GK?DH=>B7DH=MQFMQFNRGPTILPEQRHPQGNOELMCMNDJKAIJ@LMCKODPTIHLA@D9CGEG;GI=MOCNOELMCLMCKODKODIMBJNCLPEKODIMBKODTXMIMBNRGNRGOSHQUJ\`UW[P[_TW[PPTISWL[_TVZORVKZ^SYZPTUKWXNTUKOPFRSISTJSTJIMBNRGRVKSWLOSHLPENRGQUJLPEMQFKODKODSWLSWLMQFKODOSHPTIEI>DH=BF;JNCIMBPTINRGGK@Y]Rqujlpejncmpgknelmdxypklccd[WXOVWNbcZlofhkbimbrvkpti`dYSWLSWLVZOQUJQUJVZORVKMQFOSHKODJNCOSHSWLRVKRVKSWLSWLPTIPTIIMBPTIOSHTXMTXMRVKJNCPTIVZOQUJPTIOSHSWLMQFMQFMQFRVKPTISWLTXMNRGNRGNRGQUJQUJMQFJNCFJ?EI>CGJNCX\QX\QOSHLPEIMBSWLSWLPTIMQFVZOVZOMQFJNCNRGJNCRVKPTIOSHPTIY]ROSHFJ?RVKW[P]aVRVKHLAFJ?LPEPTIKODKODSWLPTIKODNRGMQFMQFOSHRVKPTIOSHTXMQWLPVKPTIRVKJNCDH=YZPhi_bf[UYNVZO[_TQUJJNCMQFRVKSVMX[RVZOVZOW[PVZOUYNMQFRVKTXMRVKTXMMQFPTHMQELPDVZOQUJOSHW[PY]RVZOX\QNRGUYNTXMTXMQUJY]R^bWTXMTXMY\S]`WZ^SY]RW[PTXMTXMNRGUYNW[PY]RZ^SW[PW[P[_TY]RX\QUYNRVKUYNW[PVZO[_T_cX^bW_cXZ^SW[PX\QVZOW[P^bWpqgkoddh]X^SSYN[_T[_T_`V^bWX\QW[PY]RX\QW[PW[PUYNZ^S]aVX\QY]RUYNVZOSWLX\Q^aXPSJY\Sz}t_bYgja[^U`cZdg^cf]^aXbe\dg^be\eh_fi`gjacf]dg^ilcilcmpgorigja^aXbe\fi`gjaeh_\_V[`Waf]ejainehmdfkb\aXhmd}ad[GJA9=259.+/$,0$9=1@D8JNCFJ?DH=QUJVZOOSH@D9=A6<@5IMB@D9DH=LPEBF;=A6;?48<17;09=259.CGD95;08>3=C8@F;FLABH==C89?4=C88>35;0BH=SWKUYMGK?15)04(59-15)7;/8<1?C8QUJSWLJNCGK@W[PW[P\`U_cXZ^S_cXY]RVZOaeZW[PWZQhkbimbW[P@D97;/>B6BF:CG;15):>2@D8?C7<@4@D8>B6:>259-?C7DH<9=1:>2BF:<@4BF;CG2:>215)37+48,;?3?C7AC7:<068,=?3:<013'57+9;/7;/:>259-;?304(9=16:.8<0=A5@D89=1=A5;?3<@448,8<09;/79->@448,7;/26*37+48,8<06:.8<06:.59-48,59-04(6:.37+/3';?37;/26*.2&15)/4%49*8=./3'6:.48,6:.15)59-6:.7;/9=1=A5?C7:>248,?C7<@4BF:@D8?C7@D88<08<0BF:EI=EI=FJ>>B6CG;DHGK@KODIMBIMBKODIMBPQGJKACD:CD:HI?LMCNOEOPFDH=LPENRGIMBEI>@D9@D9CGJNCNRGGK@FJ?FJ?IMBFJ?HJ>KMAJL@KMAPRFQRHPQGQRHIMBIMBHLAJNCLPEKODMQFSWLTXMMQFNRGOSHQUJQUJZ^S^bWTXMQUJVZOY]RTXMSWLZ^S^bWPQGPQGYZPYZPUVLSTJOPFNOESWLQUJKODFJ?HLAMQFKODDH=IMBJNCNRGLPEW[PPTIMQFKODHLAQUJKODMQFEI>KODDH=FJ?HLAGK@W[Pgk`mqfoshsvmoristkwxowxonofhi`^_Vstkx{rmpglpequjkod[_TQUJOSHX\Q\`U[_TRVKQUJQUJPTIW[PIMBLPERVKVZOTXMPTIPTISWLPTIGK@RVKQUJTXMSWLKODGK@IMBUYNSWLPTINRGSWLMQFNRGRVKW[PTXMRVKQUJNRGPTIQUJKODNRGKODLPEDH=HLAFJ?JNCHLAIMBLPEHLAAE:IMBLPEPTINRGPTIUYNOSHQUJQUJVZOSWLGK@HLALPEFJ?JNCLPELPENRG^bWTXMIMBMQFMQFZ^S[_TW[PNRGUYNQUJQUJJNCRVKQUJLPETXMOSHKODNRGUYNUYNTXMW[PPTIPTIKODLPENRGOSHOSHHLAQUJFJ?NRGSWLRVKTXMQUJTXMORIW[PW[PW[PW[PW[PX\QQUJNRGNRGNRGSWLQUJRVJOSGPTHRVKRVKQUJVZOX\QUYNRVKKODW[PZ^SW[PSWLX\Q\`UX\QUYNZ]T^aXZ^SVZOSWLRVKTXMOSHPTIY]R]aVZ^SW[PW[P[_T`dY^bW]aV_cXZ^SVZOVZOVZOZ^S`dYaeZ_cX^bW_cX]aV[_T^bWYZPX\Q\`USYNW]R^bWZ^SWXN]aVX\QY]R\`UW[PQUJOSHOSHW[P_cXY]RTXMTXMZ^SY]R[_TUXOX[RWZQ`cZcf]fi`ad[cf]\_Vdg^lofgjabe\be\hkbgjacf]be\eh_be\be\fi`hkbnqhjmdbe\\_Vbe\eh_eh_kneknech_fkbglcglcejadi`af]mripsjPTIHLA=A659.15*48,6:..2&;?448-.2';?4IMBNRGTXM]aVSWLJNC=A6<@5>B7DH=FJ?6:/59.8<16:/AE:bf[hlaTWNUXO`f[iodflaY_TTZORXMOUJOUJTZOV\QTZORXMW]RW]RTZOY_T^bWbf[aeZ[_TMQF?C8=A6>B7BF;PTIVZOX\Q\`UVZOaeZdh]`dYgk`dh]cg\W[PVZOaeZNRGPTIptiaeZAE:9=2:>2>B6@D8=A515):>2<@4<@4:>2=A5;?3@D8@D8HL@EI=8<0<@4HL@HL@PSJcf]bf[UYN[_TTXL>B6>B6W[Pcg\^bWcg\cg[JNB<@459-8<0<@49=17;/8<0:>2=A5FJ>SWK@D859-8<06:.59-<@4;?337+6:.48,7;/-1%48,26*37+9=1<@4:>2@D8?C7:>237+9=1=?39;/9;/48,9=17;/6:.37+6:.6:.8<06:.59-59-7;/59-8<0:>2.2&59-26*48,04(*."-2#16'38)/3'59-59-7;/6:.8<07;/6:.8<0>B6AE9;?337+@D8:>2?C7;?3=A5DH<;?3<@4>B6@D8@D8DH<@D8GK?IMALPDOSHKODKODKODGK@FJ?HLAGK@FJ?FJ?GK@EI>?C8?C8FJ?LPEGK@JNCMQFEI>BF;?C8HLANRGFJ?GK@HLAFJ?GK@HLAHLAGK@GK?KOCIMAFJ>GK?HLAIMBLPEJNCLPEKODKODLPEKODNRGUYNRVKCGLPELPEOSHIMBLPEKODOSHGK@KODVZOZ^Simboshvypsvmrsiij`rsiklbij`ij`{|r|vyporioshnrgaeZUYNSWLSWLPTIZ^SY]RHLAIMBPTILPEUYNJNCLPEQUJTXMRVKNRGOSHSWLPTIPTIUYNNRGPTIPTIPTILPEHLAQUJSWLSWLLPEPTIOSHOSHPTISWLOSHPTIPTILPENRGPTIPTINRGLPEPTIIMBEI>DH=JNCLPEJNCGK@HLABF;FJ?FJ?JNCRVKUYNTXMKODRVKQUJRVKPTINRGKODJNCGK@MQFPTILPELPEKODGK@PTIPTIPTIMQFSWLNRGQUJX\QGK@IMBMQFIMBHLAOSHOSHPTINRGMQFOSHQUJRVKUYNNRGSWLQUJNRGOSHPTIOSHKODJNCLPEZ^STXMQUJY]RPTIMQFRVKW[PSWLPTIMQFMQFRVKPTITXMPTIOSHUYNUYNNRFIMAMQERVKUYNTXMSWLTXMRVKOSHMQFTXMY]RX\QY]RY]RY]RZ^SW[PZ]T^aX\`UZ^SUYNQUJUYNUYNRVK\`U\`URVKW[P`dY^bW[_TW[PUYN[_TW[PW[P\`UX\Q[_TW[PX\QX\QZ^S]aV[_TX\QVZOZ^SUYNW[PMQFTXMY]R\`UZ^STXMRVKUYNX\QVZOTXMTXMTXMVZO\`UY]RW[PZ^S[_TX\Q\`U^bW]aVVZOW[PZ^Sdh]`dY]aV\`U`dYhlacg\cg\bf[hlaei^aeZ`dYdh]cg\bf[ei^ei^hlaeh__bY]`Weh_fi`fi`ruly|sotklqhdi`^cZ_d[ejajofuzqz_bYKODGK@<@5;?4AE:GK@FJ>6:.04)15*/3(7;0=A6<@5HLAPTISWLMQFTXMRVKPTIVZOOSHAE:8<19=2;?4@D9IMBIMBLOF^aX[\R[\RVWMTUKZ[Q\]SXYOYZPTUK\]S_`VabXabX\]SZ[Q]^T]aVZ^SX\Qdh]hla^bWY]RX\Q\`Ugk`aeZX\QZ^STXM\`U]aV[_T]aV^bW`dY^bW\`U_cXbf[OSH[_TGK@7;09=26:/8<0<@4<@47;/7;/26*=A5AE9@D8>B6EI=@D89=16:.<@4HL@PTHQUIX[Rhkb\`UPTILPE<@4@D8W[OaeZbf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`UZ^SY]RUYNY\S[^U[_TaeZ_cXW[PVZOUYNTXMZ^SZ^SNRGSWL\`UW[PTXMX\QPTIQUJOSHTXM[_TW[PY]RX\QVZOVZOX\QZ^S\`U[_TX\QUYNTXM]aV\`UaeZ]aVZ^SY]RVZOUYNUYNTXMTXMX\Q[_TX\Q]aVZ^SZ^S^bW`dYTXMPTIW[PTXMUYN[_Thlacg\\`UVZO[_T]aVZ^S_cX]aVbf[bf[ei^_cXcg\_cXbf[aeZ`dYei^gk`gk`gja_bY[^Uad[ad[_bYgjajmdejafkbdi`di`ineinejofhmdsvmVYPPVKAG<,2'.4)7=2?E:JPEDJ?OSHHLA<@57;059.26+=A68<17;0>B7LPEOSHX\Q_cXTXMSWLZ^SCGGK@NQHKNEDE;BC9?@6@A7BC9BC9EFB7BF;X\QZ^SUYN[_TUYNVZOW[PPTIQUJTXMbf[`dYei^]aV[_T]aV_cXTXMNRGfj_QUJCG<:>3<@5;?4<@5?C88<1<@4<@49=1-1%8<0?C7AE9DHC4B6<@47;/:>2:>226*:>26:.:>2=A5;=1>@479-;?359-7;/6:.6:.-1%59-7;/8<048,59-59-:>27;/59-48,7;/:>248,37+/3'/4%/4%-2#7;/6:.6:.04(7;/37+8<0;?3;?3:>2;?3<@4:>2:>2>B6IMAEI==A5<@4:>2BF:EI=CG;CG;HL@AE9AE9DH@D9CGB7>B7>B7CGIMBIMBIMBFJ>GK?EI=EI=GK?GK@IMBNRGLPEUYNUYNMQFJNCLPEMQFNRGPTILPELPETXMQUJPTIQUJW[PQUJSWLVZOX\QY]RZ^S[_TZ^SLPEPTIW[PW[PW[PSWLKODMQFW[PPTIIMBHLAMQFPTINRGLPEOSHUYNNRGNRGKODMQFFJ?JNCKODFJ?QUJOSHOSHAE:GK@IMBPTISWLQUJNRGX\Q^bWgjapsjmnersjqriqri{|s{|}txjmdmpgkodaeZVZOSWLPTIJNCUYNSWLVZORVKOSHVZOVZOOSHNRGNRGLPEJNCKODOSHOSHMQFVZORVKNRGimbswlUYNY]RZ^SQUJNRGRVKY]RMQFRVKVZOSWLVZOOSHHLAOSHSWLNRGRVKY]RQUJQUJSWLLPEQUJNRGNRGGK@KODNRGHLAKODKODJNCKODMQFMQFOSHQUJPTIX\QPTILPELPEMQFIMBIMBLPELPELPEFJ?MQFRVKLPEFJ?PTIPTIPTIJNCOSHSWLMQFPTINRGQUJQUJZ^SNRGQUJX\QX\QRVKQUJRVKPTINRGIMBDH=EI>MQFW[PSWLJNCQUJZ^SSWLUYNSWLTXMUYNNRGQUJQUJVZOVZOY]RY]RX\Q[_T[^UOSH]aVaeZVZOTXMPTHPTHRVJOSHPTIVZOVZOTXMUYNTXMX\QVZOOSHQUJUYNVZOW[P[_T_cX^aX[^UVZO]aV`dY[_TY]RTXMSWLTXM\`UVZOSWLUYNRVKZ^S[_T[_T]aVY]RUYNSWLQUJTXMW[PX\Q\`U^bW^bW_cX^bWZ^S\`URVKSWLYZPde[fj_bf[bf[[_TY]RVZORVKSWL[_T_cX[_TaeZ^bW[_TTXMUYNVZO\`U\`UVYPX[R\_Vad[X[RY\S]`Weh_`cZZ]T[^U_bYdg^dg^cf]^aXdg^]`W^aXZ]TY\Sdg^jmdjmdorimpgknelofgjabe\gjagjainehmdch__d[ch_di`kpgfkb~dg^SWLOUJAG<.4)06+/5*/5*;A65;0EI>JNCLPEFJ?:>326+?C815*37,59.6:/9=2BF;JNCJNCMQFY]ROSHPTISWLJNCHLAORIKNEGK@=A69=2<@5?C8>B7<@59=2?C8<@548-<@5@D9:>39=248-AE:IMBCGB7GK@FJ?9=2:>28<0;?315)59-<@4CG;DH;?48<1MQFaeZ]aVae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aVLPDCG;AE9;?4FJ?^bWad[^aX_cXRVKCG<=A59=149*6;,?D5CG;:>2AE9;?3@D87;/;?337+6:.48,/3'04(37+9=1<@437+:>2=A5:>2@D859-=A59=1:>27;/;?348,6:.9=1>B648,15);=1=?3<>2=?3?C76:.:>226*7;/=A56:.48,04(37+04(7;/<@415):>215);?359-59-6:.27(27(5:+37+:>259-59-48,6:.:>2;?37;/59-7;/<@4>B6<@4<@4<@4AE9AE9<@4>B6@D8FJ>GK?DHJNCJNCGK@JNCKODHLAEI>JNCAE:CGGK@GK@?C8CG?C8JNCJNCIMB@D9AE:TXLLPDDHKODMQFPTIX\QHLALPEMQFKODLPEMQFQUJX\QUYNMQFNRGSWLCGUYNQUJKODKODMQFLPEMQFRVKQUJTXMMQF\`UX\QX\QVZOUYNSWLNRGNRGVZOUVLRSIMQFIMBQUJSWLJPEV\Q[_TY]RRVKSWLVZOUYNX\Q\`UTXL^bWZ^STXMVZO^aX`cZUXOX\QRVKPTISWLcg\X\PSWKW[OVZOIMBPTISWLQUJVZOUYNVZOQUJJNCX\Q[_T]aVdh]X\QRVKZ]Tbe\^bWX\QUYNVZOY]RSWLQUJJNCUYNTXMUYN]aVQUJIMBQUJZ^STXMPTIQUJUYN[_TRVKNRGTXM^bW]aVQUJOSHSWLRVKNTIVZOX\QXYOQRHX\QX\Q^dYfj_`dY\`U[_TX\QY]R^bW_cXei^SWLX\QZ^SX\QRVK]aV]aV[^U]`Wad[eh_[^U^aX^aX]`WY\SX[R\_Vhkb`cZ[^UWZQ]`W^aX_bYgjabe\[^Udg^fi`_bY]`Wdg^hkbknenqhpsjqtkeh_nsjqvmnsjdi`di`lqh`cZ<@59=26=018+8?26<17=28>3AG<:@5;A69?4AG2;?36:.=A5?C7IMANRFVWMYZP_`VZ[Q]^TVWMWXNXYO]^T`aW\]SWXN`aWabX^_Ulmc\`UX\Q\`URVKUYNW[PVZOW[P^_Uhi_^_URSIij`rsi_`V`aWfg]bcYabX\_VWZQRUL]`WTWN15*:>3?C8;?47;07;08<18<1,3&3:-?C7;?39=1AE9BD8?A5AE:?C8LPEHLAJNCQUJ\`UY]RFJ?JNC@D945+VWMde[a`Vih^RVJ?C759-8<0;@1>C4@4;=1;=1>@4<>279-35)13'6:.-1%15)<@46:.04(7;/48,48,<@448,8<0@D8<@4;?38<0:>2>B637+48,:>29=1;?38<07;/59-7;/;?35:+:?05:+6;,37+37+37+9=148,8<08<0:>27;/37+<@448,;?39=126*:>248,37+15)48,8<07;/7;/:>259-15)+/#;?37;/6:.;?3:>2?C7=A5AE9>B6AE9=A5DHDH=IMBBF;HLACG<;?4FJ?CG<@D9KODEI>AE:LPEAE:HLAEI>HLARVKHLAGK@EI>HLA?C8GK@GK@CGIMBGK@CGMQFQUJEI>MQFSWLOSHHLAJNCOSHLPEGK@QUJMQFJNCOSHGK@PTIW[PPTIX\QIMBX\QKODLPERVKNRGY]RTXMY]RX\QUYNUYNTXMUYN]aVY]RX\QQUJNRGTXMTXMOSHOSHSWLIMBMQFMQFOSHMQFUYNPTIKODZ^SMQFKODFJ?NRGGK@JNCJNCHLAHLAJNCJNCHLAHLAJNCLPEUYNTXMX\QQUJPTIUYN^bWopgnofmnelmdnofstknofcd[lmdmne`aX]`WTXMJNCVZOW[PZ^SMQFGK@IMBJNCQUJUYNSWLMQFFJ?NRGQUJIMBJNCOSHPTIMQFNRGQUJVZOOSHTXMTXMTXMVWMOSHPTIQUJSWLPTIVZOKQFGK@IMBPTIQUJIMBIMBNRGNRGNRGIMBIMBOSHJNCCGGK@OSHQUJLPELPERVKRVKLPEQUJMQFGK@LPEW[PSWLMQFUYNTXMPTIMQFNRGNRGOSHRVKUYNPTIQUJHLALPEQUJRVKX\QX\QVZO[_TRVKVZOMQFMQFRVKTXMRVKW[PVZOOSHOSHW[P[_TX\QYZP[\RTUKfg]swlTXL_cWY]QZ^SQUJSWLIMBQUJNRGTXMLPELPEPTINRGZ^STXMaeZ^bW_cX]aVaeZZ^S\`UUYNW[PW[PUYNRULSVMWZQTWNY\S^aXUXOUXO]aVZ^SX\QY]R[_T[_TW[PSWLVZOX\Q^bW]aV[_TY]RTXMUYN[_TX\Q\`UZ^SVZOVZOW[P\`U`dYaeZX\QX\QW[PSWLW[PSWLZ^S[_Tbf[Y]R]aV]aV^bWimb^aXX[Rlof]`WY\SZ]TWZQcf]\_VUXO^aXorigjaWZQZ]T[^Ueh_ilcad[fi`^aXjmdcf]`cZ^aX`cZcf]mpgpsjjmdjmdhkbmri}ypulglcquoOSH15*-1&18+.5(3:-28-17,:@5GMBFLA:@55;09?4:>3<@5EI>EI>GK@=A6HLAPTIIMBGK@HLAAE:>B737+9=17;/37+15)59-7;/;?3BF;EI>EI>IMBMQFPTINRGOSHXYOIJ@KLBMNDIJ@IJ@LMCRSIEI>\`Ugk`X\Q\`U[_TVZOTXMSTJRSIVWMTUKWXN]^T[\R`aW^_UUVLde[^bW]`WUXO_bYZ]T15*9=2?C8?C8;?49=26:/48-4;.07*:>2BF:FJ>EI=?A5<>2<@5EI>EI>MQFZ^Sbf[\`UJNCBF;HLABF;MND`aW`aWgh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cXVZORVKKODSWLTXMVZOUYN[_TY]RW[PUYN^bWdh]W[PZ^SY]R[_T^bW\`U]aVW[Pad[X[RUXOTWN^aXeh_Z]TVYPX\Q^bWaeZ[_TUYNTXMX\QZ^SX\QVZOY]RW[P[_T`dY^bW_cXVZOW[P^bW[_TY]R\`UW[PRVK\`UZ^SSWLW[PZ^SY]RY]RRVK[_T_cX`dYY]RZ^S[_Tosh~weh_Y\S_bYSVMWZQZ]TVYP]`WX[RZ]Tbe\ilc`cZX[Rad[gjailc\_Vdg^_bYeh_hkbkneilcfi`eh_be\fi`gjadg^dg^be\di`|xx}tnsjptn}{z~xz}tBF;(,!26+18+3:-7>18>34:/?E:JPEMSHJPEAG<>D9;?49=2;?46:/04);?4?C8EI>AE:@D9GK@GK@EI>LPDRVJIMABF:7;/;?3:>2?C7:>2>B6:>2AE9AE9GK?BF:EI=HI?OPFKLB89/56,;<278.78.48-X\Qbf[SWLTXMHLA>B79=278.=>4QRH\]S[\R\]S\]S`aWde[VWMde[`dYsvmeh_Y\STWN<@5<@5;?49=29=2;?4>B7@D9>B659-<@4KOCPTHFJ>:>2;?3DH=LPEEI>Z^SaeZdh]]aVHLA:>3>B7RVKbcYhi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bW\`UUYNW[PaeZQRHTUKYZPW[PQUJMQFY]QQUITXMVZO[_TZ^STXMPTITXMVZOZ^SW[P^bWY]RW[PPTI]aVei^X\QZ^S]aVZ^S_cXW[PZ^SSWLY\SUXOVYPWZQ]`Wbe\^aX^aXX\Q[_T]aV\`UX\QUYNVZOX\QY]RW[PY]RW[P[_TaeZZ^STXMX\Q]aVbf[X\QRVKW[PX\QW[P_cXbf[`dY^bWX\QSWLUYNUYNW[PX\QTXMUYNTXMNRG\`U\`U]`WZ]T\_VX[R_bY^aX[^U`cZX[Rad[cf]_bYX[RVYP_bYcf]dg^dg^rulgja_bYgjacf]eh_ilcilcdg^fi`hkbgjajmdhkbfkbnsjw|sy~umricga~|dg^MQF/3(26*+2%29,8?2?E::@5EK@JPENTILRGCI>>D9>B7?C8BF;@D9;?47;0/3(6:/@D9DH=FJ?>B78<1=A6EI>GK@LPEJNCJNCFJ?IMB@D8EI=CG;CG;?C7@D8>B6BF:@D9MQFOSHDH=CG3>B7AE:DH=EI>?C7:>2@D8GK?FJ>;?326*:>2JNCMQFPTIaeZ`dYbf[`dYKOD7;0BF;[_Tdh]fg]QRH34*24(:>2?C7=A5:>2;?38<048,7<-9;/;=1<>2:<068,9;/?A5@B6<@4:>204(15)48,37+7;/=A59=18<0@D8>B6:>2?C7=A59=1>B66:.>B6?C7:>2:>27;/9=18<09=1=A5<@48<059-15)7<-7;/7;/26*48,15)37+15)6:.RVJ26*.2&26*9=148,15).2&04(48,59-6:.;?3<@47;/48,9=1>B68<0;?3AE959-:>2@D8BF:DHVZOHLAIMBEI>KODLPEAE:DH=JNCBF;AE:IMBKODOSHDH=EI>LPEIMBJNCQUJRVKTXMQUJDH=IMBLPEQUJRVKTXMRVKFJ?RVKRVKQUJRVKMQFX\QLPEQUJRVKTXMQUJTXM[_TQUJOSHUYNUYNOSHOSHUYNUYNRVKOSHOSHOSHRVKVZORVKNRGOSHLPENRGQUJJNCLPEGK@HLAMQFKODKODJNCFJ?IMBLPENRGLPERVKOSHUYNgk``dY]aVei^kodklbgh^ij`opfnoejkaef\abXgh_`aXjkbbe\^bWJNCOSHTXMRVKIMBRVK[_TSWLOSHRVKMQFUYN_cXFJ?GK@\`UTXMMQFSWLQUJSWLJNCMQFQUJQUJKODRVK^_UZ^SPTIJNCPTIJNCKODGMBPTIMQFLPENRGMQFLPELPEMQFKODMQFRVKMQFGK@HLAHLAHLAEH?HKBSWLY]RDH=JNCNRGFJ?MQFQUJVZOQUJPTILPERVKHLAOSHSWLUYNRVKMQFKODMQFPTIFJ?OSHSWLOSHNRGQUJMQFEI>NRGIMBRVKbf[bf[UYNLPEJNCLPELPENRGQUJQUJOSHOSHPTIQUJNRGOSHLPEPTITXMMQFOSHUYNVZOVZOW[PRVKQUJW[P_cXX\QSWLTXMY]RX\QRVKTXM\`UUYNQUJPTIHLAVZOW[PZ^SZ^SVZOQUJNRGTXMSWLY]RX\QW[PVZOTXMVZOY]RW[PW[P]aVaeZ[_T]aV]aVZ^SY]RRVKX\QW[PZ^SZ^S[_TW[PUYNY]R[_T[_T^bWX\QZ^Scg\fj__cXY]RX\QMQFQUJW[PW[P[_TaeZZ^STXMW[PX\Q^bW[_TUYNX\QX\QZ^Scg\_cXY]RZ^S\`U]aV\`UZ^S\`UUYNTXMW[PY]RTXM[_TTXMRVKY]RZ^S\`Ucg\^bW]aVcg\[_Tdh]aeZ]aV\`U\`U_cX\`Ucf]ad[]`WY\S^aXeh_]`Wcf]dh]hlafj_gk`ei^cg\cg\_cXineejazv}ptnzPTI=A629,-4'-4'18+3:-8>339.;A6@F;FLAKQF>D95;0<@5GK@QUJUYNQUJPTI>B78<148-26+59.7;0:>348-37,6:/9=2?C87;07;0;?4:>2;?3:>248,59-37+7;/<@4;?4CGVZOUYN\`U[_TTXMRVKX\Q\`U_cXcg\WXNcdZbcYcg\_cXEI>8<1>B7:>37;059.9=2>B7AE:CG248,59-7<-8=.6:.8<0<@49=18<0>B668,8:.46*35)9;/8:.79-?A5;?3=A559-6:.=A59=18<09=148,>B6;?3:>2:>27;/9=1;?3AE99=1AE9AE9;?3:>27;/;?36;,8=.>B6:>27;/04(-1%59-6:.8<037+59-48,59-15)6:.37+37+59-.2&48,37+26*15)-1%26*59-6:.;?3=A5:>29=1:>2:>248,>B6:>28<0?C7@D8GK?BF:?C7;?3AE9BF:GK?FJ>LPELPEFJ?FJ?FJ?KODIMBHLAIMBBF;EI>BF;<@5AE:FJ?DH=GK@IMBLPEGK@JNCGK@JNCJNCNRGPTINRGQUJ?C8KODMQFNRGFJ?CG28-=A6MQFVZOY]RRVKUYNTXMUYNJNC>B7:>39=2<@5;?426+/3(,0%59.15*8<1?C87;/37+/3'(, 04(04(7;/:>2>B7NRGcg\bf[\`U]aVOSH;?47;0;?4JNCRVKVZOX\Q`dYTXMei^Z^SZ^Sbf[[_TUYN[_TW[P[\R[\RUVLY]RIMBCGB7;?4;?4>B7BF;DH=CG2>B6<@459-.2&=A58<08<07;/.2&59-=A5:>2=A5AE9;?37;/;?39=159-5:+5:+8=.59-;?37;/48,=A58<0:>226*26*26*37+.2&48,26*7;/8<015)7;/37+37+59-26*59-48,48,8<09=18<08<0:>248,7;/8<048,DH<>B6=A5>B6:>2<@4:>2DHOSHGK@?C8AE:>B7CGLPESWLKODLPEOSHJNCRVKMQFIMBKODGK@NRGFJ?NRGIMBOSH\`UQUJNRGSWLQUJPTINRGIMBLPEQUJSWLSWLTXMUYNZ^SVZOTXMPTIRVKTXMJNCNRGGK@LPEKODGK@GK@KODIMBLPECGTZOQWL?E:39.FJ?VZOY]R[_TUYNRVKY]R`dY]aVX\QSWLNRGRVKMQFKODHLADH=DH=>B7;?4;?4GK@EI>AE:>B7DH=GK@KODNRGVZO[_T_cX[_TRVKAE:48-;?4IMBLPEY]RW[P[_T]aV\`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hladh]aeZdh]Y]Rdh]kod]aVcd[hi`fg^[\SXYPde\jkbde\hi`bcZabYjmdoshei^_cXPTILPEOSHNRGKODIMBJNCNRGSWLPTIPTITXMSWLJNCJNCQUJQUJNRGNRGIMBKODKODPTILPELPERSIRVKQUJKODOSHPTIRVKBH=BF;NRGPTIKODKODMQFLPEMQFKODIMBSWLOSHMQFUYNPTIPTIFI@Y\Sbf[LPELPEEI>NRGQUJFJ?NRGJNCKODKODLPEMQFLPERVKLPEHLAIMBKODKODJNCLPEQUJPTIOSHLPEJNCIMBIMBJNCRVKMQFHLAMQFVZOTXMMQFNRGAE:CGD9AG<5;0=C8LRG@F;7=27=2QUJ_cX]aV`dY]aV\`UUYNSWLW[P\`UX\QPTIW[PRVKY]RVZOVZORVKVZOPTIPTIRVKW[PVZOZ^SW[P\`U[_Tbf[bf[`dYei^TXM8<17;0DH=LPEOSHOSHVZOSWL]aV]aVUYNUYNOSHX\QOSHPTIZ^SVZOPTILPEQRHTUKEF<*+!9=1AE96:.8<0<@5=A6;?47;09=2>B7AE:@D9@B69;/59-:>2EI=CG;=D7LSF[_T^bW^bW^bW?C8GK@cg\Z^S\]T^_UCG<=A68<029,-4%18)38)16'38)59-48,8<09=137+>@435)68,:<068,@B6HJ>;=115)8<08<08<08<07;/8<048,9=1,0$59-:>28<0:>28<0;?337+=A57;/9=1;?36:.7;/59-6;,5:+8=.48,>B648,.2&48,59-9=126*48,7;/7;/15)8<037+04(8<09=17;/6:.>B626*8<07;/7;/=A5CG;@D89=18<015)<@4:>2:>2AE948,:>2AE99=1?C7>B6@D8;?3BF:DHKODLPE@D9FJ?HLA>B7EI>HLAFJ?HLABF;HLAKODJNC?C8?C8CGKODJNCGK@JNCMQFFJ?DH=MQFIMBCGHLAMQFMQFRVKLPEPTIPTILPERVKSWLHLA[_Tosh[_TSWLUYNX\QX\QVZOVZOVZOW[PVZOSWLRVKRVKJQDKREah[OUJ^bWQUJY]RZ]TTXMY]R\`UX\QTXMY]R]aV[_TVZOVZOQUJ\`USWLY]RQUJPTIUYNW[PY]RX\QY]RQUJX\QY]R]`WVYPTWN_bY\_VWZQ^aXZ]T[_TTXMSWL[_T[_TQUJMQFRVKW[PY]R_cX^bW\`UZ^SUYNVZOY]R`dYjncbf[Z^S]aV]aV[_Tgk`\`U[_TW[PW[PX\QPTISWLOSHVZOY]Rbf[kod\`U\`UY]Rad[]`W`cZhkbbe\cf]Y\S[^UX[RWZQ[^Udg^cf]fi`lofdg^[^Umpgnqh`cZ\_V^aX_bYad[_bY\_VX[R]`W_bY]`Wad[cf]ch_`e\_d[ejapulz~xz~x[^U37,:>3@D9/3'15)37+8<08<06:.>B7EI>CG<6:/6:/@D9UYNW[PMQFPSJVYPVYPVYP\_VY\SUXOQTKNQHQTKY\SQTKPSJNQHLOFORIRULVYP]aVTXMTXMTXM[_Tcg\aeZfj_bf[hlaSWL@D9JNCOSHLPEUYNRVK\`UTXMW[PZ^SX\Q_cX[_T_`WVWNZ[R^_UVZOW[PRVK=A6AE9:>2/3'*."7;/>B68<0;?3=A5>B6:>237+59-<@4;?359-48,:>26:.9=2?C8KODQUJ\`UacWbfZVZN59.>B7X\Q^bWLRGVZOMQF6:.15)38)5:+,1"06%02&<>235),."35)35)46*;=126*37+6:.=A5:>248,6:.48,15)59-7;/8<0.2&6:.6:.26*59-37+/3'9=1;?3;?337+59-59-=A5;?359-6:.6:.48,6:.6:.7;/:>226*26*59-.2&15);?36:.6:.9=1;?39=18<0:>27;/48,37+,0$15)/3'6:.:>2/6'15)37+8<0<@479-?A59:059-8<07;/37+9=159->B6>B6AC7IK?AC7EG;KMAIK?KMA?A5DH=7;0DH=BF;GK@BF;>B7HLAHL@JNBMQEEI=<@4CG;JNBBF:DHCD:MNDHI?NOEKLBIMBJNCCG<=A6AE:CGGK@PTIQUJLPELPEKLBklbopfVWMPQGTUKNOEPQGW[PUYNVZOTXMVZOQUJW[PSWLKODPTIMQFQUJUYNOSHOSHRVKOSHRVKUYNTXMVZO]aV]aVTXMYZPaeZZ^SKQFLRGRVKSWLZ[Q]aVX\Q]aVVZO]aVZ^STXMUYNLPEX\QSWL_cXW[PSWLxaeZY]RSWLW[P\`UW[PTXMW[PY]RYZPXYO`aWabXef\_`V]^TUVLZ^SaeZSWLNRG\`U]aV[_Tcg\x{r`cZZ]TUXO_bYZ]T_bYX[RZ^SY]RX\QQUJX\QVZO]aVaeZ^aX]`WY\Seh_gjafi`be\`cZ]aVW[Pbf[_cX[^Uloforifi`Z]Tdg^wzq^aX\_VWZQZ]Tdg^Z]T[^Uhkbad[cf]cf]dg^hkbinech_bg^otkotkkpgrwnmri|eh_HKB=A6?C89=248,(, .2&04(;?3FJ>LPEIMB7;048-9=2QUJ[_TUYNNRGILCQTKORIKNESVMZ]TWZQNQHMPGY\SORIQTKORIRULRUL\_V\_VUXOZ^SVZOW[PY]R]aV_cX\`U]aVhlaY]R6:/04)PTI\`UTXMW[PY]R]aVTXMTXMUYNVZO^bW_cX_`W^_VXYOVWMW[POSHCG226*59-FJ>;?304(/3'59-:>2<@4;?337+6:.48,>B7EI>NRGVZOgk`[]QTXL@D837,PTIW[PRVK\b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fg]ei^]aV]aV`dY^bWcg\ei^[_TY]RPTITXMTXMSWLRVKUYNUYN\`Uhlaimb\`Udh]lpeVZODH=QUJRVKVZOMQFMQFQUJ_cXUYNNRGLPEIMBNRGQUJQUJSWLLPERVKX\QQUJQUJQUJQUJSWLIMBPTIOSHKODHLAJNCRVKUYNNRGPTIPTISWLQUJOSHPTINRGPTIMQFNRGNRGKODQUJQUJNRGRVKEI>DH=DH=FJ?HLAGK@EI>JNCJNCKODIMBJNCMQFRXMNTIHNCLPEY]RPTIRVKSWLHLATXMRVKTZOMSHEK@FLALRGOUJMSHMSHTXMOSHLPESWLSWLNRGLPEUYNPTISWL`dYW[PPTIUYNLPEEI>VZOSWLNRGMQFPTIQUJOSHNRGVZORVKTXMOSHNRGTXMVZOW[PY]RTXMRVKRVKRVKX\QX\QVZOX\QVZOZ^SRVK[_TJNCSWLPTISWLUYNW[PTXMRVKVZOY]RVZO\]S[_TUYNU[P_eZ[_TRVKYZPVZOW[PW[PTXMY]RTXMMQFMQFTXMOSHRVKSWLX\Q\`Udh]X\QX\QQUJUYNVZOTXMKODNRGRVKTUK[\RYZPYZP`aWcdZ]^T\]SaeZ[_TRVKUYN\`UX\QZ^Sbf[eh_]`WZ]TZ]TTWNVYPZ]T[^UW[PVZOW[PTXM[_TZ^S]aV^bW^aXX[Reh_cf]lofcf]cf]gjadh]]aV[_TZ^SY\Sdg^cf]dg^dg^eh_rulcf]X[RX[RZ]T_bY]`W[^Ueh_jmdcf]^aX]`Wlofjofv{rotkch_`e\di`kpgdi`be\@C:25,6:/:>36:/6:.48,6:.59-7;/BF;JNCBF;8<126+FJ?X\QW[PQUJSWLRULLOFPSJSVMWZQTWNTWNY\SRULMPGSVMUXOSVM_bYZ]TVYP\_V^aXY]RZ^SW[PX\QX\QX\Q^bWaeZNRG>B7?C8LPEPTIUYNW[PQUJQUJRVKTXMVZOVZOTXMSWLTXMXYPYZP^_UZ^SOSHDH=>B7:>315).2&37+7;/8<06:.37+8<0CG;;?326*15);?3CG;?C759-15)8<026+7;0GK@`dY^bWTXM:<0.2&<@5PTI`dY\`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fg]jncaeZ_cXdh]ei^bf[\`UTXMNRGKODKODRVKKODLPETXMPTIQUJ_cXfj_dh]kodlpeZ^SLPEQUJNRGVZOQUJTXMSWLHLARVKOSHOSHNRGTXMVZOVZOY]RTXMLPETXMOSHNRGOSHQUJW[POSHPTIUYNQUJKODIMBQUJZ^STXMCG@D9EI>HLA59.59.>B7\`UW[PSWLTXM_cXmpgQTKTXMUYN[_T^bWX\QTXMNRGTXM[_TX\QSWL]aVY]RKODX\Q^bWVZO[_TVZOX\QVZOUYNaeZei^GK@?C8QUJ^bWTXMVZO]a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aV_cXimbaeZ_cXmqfgk`W[PY]RSWLNRGMQFSWLFJ?KODOSHMQFKODQUJZ^Scg\ei^]aVTXMW[PRVKPTIUYNQUJQUJW[PGK@RVKX\QUYNPTIOSHLPEJNCKODFJ?TXMUYNOSHSWLNRGEI>JNCJNCQUJKODRVKOSHMQFRVKOSHTXMIMBLPEPTIGK@AE:EI>JNCQUJHLAIMBHLAMQFQUJHLAPTIRVKW[PUYNMQFPTITXMLPEHLAMQFSWLHLAIMBOSHW[POSHTXMX^SSWLQUJMQFJNCLPEUYNJNCLPELPEOSHPTIUYN[_T[_TTXMOSHW[Pei^imbVZOTXMTXMTXMKODPTIVZOX\QLPEIMBNRGMQFQUJNRGMQFRVKSWLPTIQUJRVKMQFFJ?RVKVZOSWLX\QPTICGJNCKODLPECG<7;09=2JNC^bWQUJOSHSWL^bWlofQTKPTIOSHQUJ[_T\`Ubf[X\QX\QX\QVZOQUJPTIW[POSH\`UQUJPTIVZOTXMZ^S\`UVZOUYNLPEAE:QUJUYNTXMZ^SY]RSWLTXMVZOPTITXMUYNQUJOSHPTITXMW[PX\QLPEDH=FJ?<@4-4'07*59-8<0>B67;/15)7;/=A5AE9>B637+26*>B6BF:7;/26*7;/AE:=A6>B7PTIY]R]a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bf[uynjncZ^SaeZ\`UMQFNRGPTIHLAMQFMQFCGIMBHLAIMBQUJW[PSWLMQFJNCQUJZ^SX\QZ^SSWLY]R^bWMQFVZOZ^SSWLOSHOSHOSHQUJQUJOSHQUJPTIMQFRVKY]RY]RJNCUYNSWLKODUYNVZOJNCLPEPTIHLARVKHLAHLAMQFMQFRVKW[PRVKVZOUYNUYNNRGY]RVZOTXMOSHRVKX\QX\QTXMPTILPENOERVKJNCEK@QWLUYNPTIXYOTXM_cXUYNX\QUYNRVKQUJSWLQUJVZOOSHRVKPTIPTIX\QSWLPTIVZOPTIY]RZ^S]aVNRGLPEW[PSWLSWLPTITXMTXMZ^S]aVSWLNRGLPEMQFTXMSWLOSHZ^SY]RX\Qcg\]aVei^ei^mqfbf[Y]RVZOX\Q^bW^bW`dY]aVVZOX\Qei^nrgei^]aVTXMW[PW[Pdh]imbhlahlabe\ilchkb`cZcg\\`U]aV]aVcg\`dYaeZgk`aeZei^gk`cg\hlalpeswlptifkbbg^af][`WW\S^cZejaeja~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`aWVZOZ^STXMQUJNRGPTITXMVZOTXMSWLTXMUYNRVK[_TX\QNRGZ^S\`UQUJSWLMQFUYNPTIRVKUYNQUJY]RX\QY]RRVKW[PW[PNRGNRGRVKRVK[_T[_TPTIX\Q_bY]`W`cZ`cZ\_Vad[cf]`cZ_cX\`U^bWdh]`dYdh]aeZ[_T_bY`cZX[Rgja`cZ^aXWZQWZQ]aVX\QY]R_cX]`W[^Udg^eh_[^U\_V]`W^aXeh__bY\_V`cZgjacf]cf]dg^ilc`cZeh_cf]ch_^cZdi`ch__d[ejaeja]bY}fhbFLA7=239.5;06<14:/39.;A6ILCUXORULIMB48-+/$?C8HLATXMKODRVKVZORVKNRGILCPSJMPGTWNY\Sbe\UXOWZQQTK\_VUXOWZQZ]T[^UTWNRULUXOWZQVZOPTIMQFKODMQFNRGEI>>B7[^U[^UWZQRULRULRULORIKNEZ^SVZOQUJSWLKODJNCVZOTXMCG<9=2@D9AE9.5(.5(2BF:9=159-8<0?C7BF:>B6;?3>B6@D8>B6HLANRGY]R_c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aXSVMPSJQTKY\STWNNQHCF=X[RUXORULW[PTXMUYNMQFLPESWLTXMZ^SUXO[^USVMORISVMJMDGJAWZQNRGQUJPTIW[PPTIKODVZOMQFDH=BF;9=2-1%*1$7>1?F9:A46:.6:.37+04(;?3?C759-6:.;?3>B6=A58<07;/<@4BF:EI=RUL_cXae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oshPTIKOD]aVRXMQWLRXMY_T\bWTZOMSHNTIOSHSWLOSHSWLPTITXMSWL[_TRVKNRGOSHQUJNRGQUJUYNLPEOSHTXMPTIIMBIMBLPENRGSWLOSHQUJMQFLPEW[PUYNMQFZ^SX\QRVKLPEW[PRVKPTIQUJTXMgk`aeZQUJNRGSWLPTIOSHQUJOSHMQFPTITXMSWLRVKQUJOSHSTJNRGRVKV\QW]RW[PW[PXYOY]RSWL_cXX\QUYNX\QZ^SUYNTXM[_TRVKW[PX\QZ^SUYNSWL]aVVZO]aVTXMRVKOSHqujgk`nrg\`UMQFIMBMQFPTIaeZW[PHLATXMW[PRVKX\QVZOX\Qcf]UXOX[RUXO[^USVM[^UX[R\`UZ^S]aVdh][_TaeZcg\aeZbe\`cZbe\[^UY\Sgja]`W^aXbf[ei^bf[ei^zqtkmpgilcmpglofgjaori_bYhkbeh_[^Uhkbmpgdg^hkbad[be\gjahkbejaglcmrikpghmd]bYSXO`e\~Y_T4:/+1&+1&/5*4:/6<1B635)37+9=1'+6:.>B6-1%7;/=A5@E6:?0?C76:.>B7HLALPEJMD_`Wbc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twngjaNQHSVMNRGFJ?LPEVZOOSHUYNW[POSHVZORVKSWLUYNMQFLPEUYNRVKPTINRGPTITXMKODLPEOSHQUJOSHIMBOSHRVKJNCLPETXMRVKVZOSWLOSHIMA<@459-/3'+/#.5(15)9=115)48,8<08<057+9=19=19=148,15)<@4GK?EI=:?06:./3'>B6DH=HLAMQFY]RKLBUVLBD89=1OSH^bWVYPY\SZ\P=A504(26*37+/3'/3'7>17;//3'8<0,0$04(15)(, /3'15)*."15)-1%.2&15)(, /3'8<048,48,9=1;?37;/48,59-7;/7;/6:.48,37+7;/<@4=A5@D87;/26*7;/;?3:>28<09=159-9=159-.2&:>29=17;/7;/8<09=1<@47;/9=1<@426*15)37+7;/7;/37+04(15)+/#.2&04(48,6:.-1%+/#&- +2%.5(04(/3'48,04(9=115)6:.7;/>B7GK@8<1IMBHLA:>3MQFBF;=A6FJ?=A6CGB6?C8CGOSHMQFFJ?RVKHLABF;KODKODLPELPEHLAGK@DH=PTISWLQUJGK@RVKQWLQWLY_TTXMKODGK@PTIX\QTXMOSHSWLOUJJNCTXMTXMSWLPTINRGYZPRVKVZOQUJQUJ[_TY]RQUJRVK[\RVWMVWMRSIQRHNOETUKWXNKLBPTISWLOSHMQFNRGLPEDJ?[aVswlPTIQUJRVKPTIEI>HI?NRGNRGOSHLPEHLAIMBLPEIMBQUJMQFMQFSWLKODGK@FJ?UYNPTI[_TQUJRVKRVKJNCPTIPTIPTIHLAKODHLAHLALPEGK@MQFNOEKLBOPFTXMPTIMQFRVKPTIKODIMBTXMUYNRVKDH=KODRVKTXMNRGOSHLPESWLSWLSWLY]RVZOSWLRVKUYNUYNSWLQUJQUJKODRVKNRGMQFSWLLPEQUJQUJNRGHLAKODKODGK@IMBNRGY]RSWLRVKPTIJNCLPEMQFUYNX\QTXMZ^SX\QW[PUYNQUJRVKRVKSWLQUJTXMLPEJNCSWLQUJPTIOSHJNCIMBPTIOSHRVKMQFEI>KODKODNRGLPELPEOSHNRGQUJGK@QUJTXMW[PNRGLPEQUJPTIRVKY]RNRGPTISWLRVK[_TVZOTUKUYNTXMUYNRVKPTIUYMSZMZ^SX\Q[_T]aVW[PRVKLPEDH=OSHVZOPTIQUJNRG\`U^bWTXMcg\bf[[_T_cX]aVW[PTXMTXMVZOW[PZ^SUYNSWLUYN_cXbf[fg]\`UY]RTZOMSHQUJW[PWXNRVKIMBQUJ\`UNRG`dYgk`X[RQUJW[P\`U^bW^bW`dYcg\fj_Z^S\`U]aV]aVX\QZ^S`dY_cX\_VWZQZ]TTWNad[dg^gjadg^`cZ]`WQTK^aXbe\cf]eh_dg^gk`hlajncdh]psjy|sqtkdg^gjaeh_fi`gjalofilccf]lofinedi`inemriinefkbsxorwnloflofqtkkne_bYgjaqtkjmdnsjAG<6<1*0%,2'-3(39.5;0DJ?FKBBG>.2'6:/IMBZ^SWZQPSJUXO[^UW[PPTIaeZOSHY]RQUJSWLUYNVZOPTINRGPTINRGUYNX\QRVKRVKRVKMQFKODGK@KODVZOLPEOSHEI>GK@MQFJNCLPENRGLPEIMBTXMSWLLPEOSHSWLSWLTXMSWLLPEBF:<@4+/#+/#+/#+/#*1$04(>B648,,0$15)7;/24(=A5?C78<0BF:EI=BF:OSGKOC,0$6:.48,59-JNBTXMZ^SLPEDF::>2<@4NRFY]RX\QWZQ[^UKMA26*04(8<08<037+15)6=06:.26*/3'-1%/3'/3'.2&37+6:./3'59--1%/3'9=115)26*9=17;/6:.59-59-6:.6:.6:.6:.9=1:>28<0;?3<@46:.7;/<@46:.37+6:.9=18<07;/9=18<0=A5:>237+?C7?C7>B6=A5:>29=1<@46:.:>2>B626*37+59-59-6:.<@48<06:.-1%48,02&04(59-48,+2%)0#-4',3&15)-1%/3'26*=A59=1:>2;?39=2BF;AE:KODAE:59.GK@FJ?9=2FJ?AE:DH=HLABF;JNCIMBAE:AE:FJ?GK@FJ?LPELPE?C8HLALPESWLEI>DH=DH=DH=OSHCGEI>PTIMQFOSHX\QHLAIMBEI>LPEIMBFJ?LPEQUJNRGKODJNCNRGOSHPTIKODHLAKODKODIMBGK@KODKODRVKNRGTXMQUJPTITXMSWLNRGMQFOSHRVKRVKNRGPTIPVK[_TSWLRVKQUJNRGTXMUVLUYNW[PVZOW[PX\Q[_T[_TTXMZ^SQUJRVKVZOVZORVKSWLOSHPQGRVKRVKMQFMQFPTIQUJLRGJPE[_TMQFTXMQUJW[PQUJQRHSWLOSHRVKPTIKODHLAJNCQUJUYNKODPTIRVKNRGMQFNRGZ^SNRGSWLIMBPTISWLJNCPTIOSHLPELPEQUJLPEJNCNRGMQFPTIKLBRSISTJSWLLPEJNCSWLOSHNRGHLAQUJW[PTXMJNCNRGRVKNRGHLAIMBMQFUYNTXMOSHRVKPTIMQFRVKTXMW[PQUJPTIW[PUYN]aVQUJOSHSWLQUJSWLGK@MQFKODOSHQUJQUJTXMTXMSWLQUJJNCJNCOSHTXMTXMTXMQUJ`dYaeZX\QW[PW[PSWLY]RZ^SY]RRVKX\QNRGKODY]RY]R[_TVZOQUJQUJSWLOSHQUJQUJLPEPTIMQFQUJKODLPESWLQUJUYNOSHOSHOSHY]RPTIOSHRVKSWLaeZ]aVUYNMQFPTISWLOSHTXMSTKNQHJNCPTIQUJIMAPTH\cVUYNQUJX\Q]aVY]RX\QW[PPTIVZOVZOTXMW[PRVKRVKQUJRVKbf[`dYVZO[_TY]RX\QQUJSWLW[PX\Q[_TVZOPTITXM^bW^bW[\R_cX\`URXMOUJNRGLPETUKMQFMQFVZObf[QUJdh]hlaZ^SY]RY]R\`UaeZei^gk`lpervkX\QUYNX\Q[_TY]R^bW`dYhlagk`X\Q_cX^bWei^bf[^bW_cX_cXei^]aV]aV[_Tdh]fj_]aV\`U_cX^bW^bWnqhwzqsvmqtktwnmpghkbfi`jmdjmddg^hkbineglcjoflqhdi`]bYdi`bg^kpgdi`inekpgaf]af]hmdhmdotkFLA-3("(/5*06+5;0@F;TZOKPG38/03*@C:LOF]`WW[PLPEVZORVKUYNNRGUYNSWLCGKODJNCKODNRGIMBCG@448,IMADHBF:CG;<@426*=A5<@4;?3QUI^bW`dYGK@?C76:.DH28<06:.6:.6:.59-48,48,48,48,8<037+7;/9=1>B6:>26:.37+6:.59-8<09=115)26*=A59=16:.9=159-6:.04(;?335)/3'26*59-,3&-4'18+/6)-1%26*26*7;/37+37+59-AE9FJ?;?4BF;FJ?EI>IMBDH=EI>?C8=A6AE:>B7EI>?C8KODLPE?C8>B7EI>HLAFJ?KODKOD=A6GK@LPEOSHHLAEI>KODFJ?PTIIMBIMBKODJNCGK@FJ?HLAJNCZ^S^bWMQFGK@KODUYNQUJJNCJNCFJ?HLATXMGK@LPEIMBRVKKODHLATXMKODEI>MQFHLAMQFIMBHLAGK@IMBMQFLPEGK@HLAY]RKODRVKVZOX\QTXMSWLOSHNRGIMBMQFNRGPTIQUJIMBFJ?GMBLPEMQFRVKLPELPESWLHI?Z^SVZORVKY]RVZOOSHRVKRVK\`UQUJOSHUYNTXMUYNTXMPTISTJOSHMQFMQFOSHPTIOSHLRGSYNSWLVZOVZORVK\`UMQFNOEKODMQFSWLPTIOSHQUJLPEMQFGK@IMBVZOIMBRVK[_T\`UQUJTXMNRGJNCPTIRVKKODKODOSHDH=JNCTXMTXMMQFIMBMQFW[PQRHWXNUVLSWLNRGKODQUJMQFQUJKODKODTXMOSHPTIOSHMQFRVKKODKODPTIUYNSWLKODNRGGK@NRGVZOFJ?JNCMQFTXMZ^SSWLcg\`dYaeZ\`UUYNVZOLPEPTIQUJTXMUYNRVKQUJUYNVZORVKPTIX\QW[PUYN\`URVKLPEZ^S]aVW[P[_T[_TTXMX\Q[_TUYNNRGX\QSWLOSHW[PTXMY]RW[PPTIPTIOSHLPEOSHSWLPTIVZOSWLTXMKODJNCQUJPTISWLQUJKODKODQUJOSHZ^SUYNPTI`dYY]RSWLRVKVZOTXMOSHW[PSTKQTKLPEQUJSWLGK?JNBU\OZ^SUYNY]R[_TTXMRVKSWLMQFSWLSWLY]RW[PSWLIMBLPEVZOY]RX\QPTIOSHMQFQUJLPENRGW[PW[PY]RVZOQUJVZOZ^SVZOTUKY]R[_TW]RU[PTXMRVKWXNHLAMQFPTI\`UX\Qhladh]Z^SX\QTXMVZO^bWaeZbf[mqf{tmqfW[PX\Q]aVcg\`dYW[Pdh]fj_Y]R_cX`dYdh]bf[_cXbf[mqfhla_cXbf[_cXdh]dh]_cXY]Rhlajncimbgjaad[cf]rul|x{roriilcjmdmpglofpsjnsjnsjlqhnsjhmddi`di`]bYhmddi`di`hmdfkb`e\_d[ch_typNTI/5**0%.4)+1&8>3?E:@F;7<327.ILCWZQNQHORIRVKMQFTXMSWLLOFPSJLOFNQH\_V_bYILCNQHGK@TXMTXMLPEW[PVZOQUJSWLVZOUYNSWLTXMMQFFJ?HLAHLAJNCEI>IMBJNCJNCHLALPEJNCRVKRVKVZOW[PSWLQUJKODBF;59-.2&(, (, $(',+0!05&6=0+/#*."15)GK?JNBAE9<>259-DH2:>2?C7BF:EI=VZNZ^R]aUSWKFJ>7;/IMAW[PW[P^bW]^TNPD8:.,/ /4%9>/8=.5:+6:.37+18+6:.-1%48,/3'/3'26*&*37+/3'-1%/3'8<048,.2&26*.2&37+8<07;/.2&,0$26*7;/7;/:>28<0:>248,:>2>B659-9=1:>2:>2:>29=18<07;/7;/7;/37+/3'7;/59-26*48,=A58<07;/48,59-8<06:.48,37+.2&7;/9=18<037+15)6:.37+8<059-04(.2&/3')-!.5(3:-3:-.2&6:.37+8<0-1%37+6:.EI=NRG8<1>B7@D9KODVZOCGB7FJ?EI>EI>DH=JNCJNCDH=FJ?JNCCGGK@LPENRGJNCHLAHLAFJ?JNCLPEHLABF;IMBHLAKODCGJNCNRGPTILPEKODIMBCGGK@IMBGK@AE:FJ?TXMEI>LPEOSHPTIQRHWXNZ[QVZOGK@JNCNRGSWLUYNMQFMQFJPEVZORVKMQFbf[Z^SFJ?[\RZ^Sdh]Y]RW[P[_TRVKSWLUYNY]RTXMQUJTXMOSHNRGKODJNCMNDGK@HLANRGRVKOSHLPEIODQWLMQFTXMMQFZ^SoshPTIYZPOSHHLAJNCMQFSWLTXMKODQUJLPETXMaeZLPETXMSWLZ^SRVKX\QNRGPTIRVKPTIMQFKODUYNNRGJNCOSHW[PTXMKODKODSWLYZPUVLRSIVZOW[POSHNRGOSHMQFRVKRVKTXMIMBMQFMQFPTIVZOPTIMQFQUJRVKSWLLPESWLSWLRVKTXMFJ?PTIVZOQUJRVKPTIZ^S]aVei^]aVSWLSWLQUJVZOPTIKODPTINRGLPEVZO]aVW[PQUJ[_T]aVSWLTXMOSHVZOPTIVZOW[PZ^SX\QSWLW[P]aVPTIIMBOSHOSHNRGQUJQUJX\QW[PMQFLPEHLAIMBJNCOSHJNCNRGOSHOSHGK@FJ?LPEMQFMQFKODPTITXMMQFKODX\QSWLKODSWLSWLJNCX\Q]aVPTITXMSWLUVLX\QRVKPTIRVKPTITXLW^QTXMPTISWLW[PUYNTXMVZOTXMSWLQUJUYNLPERVKNRGOSHQUJVZOX\QUYNMQFIMBNRGMQFQUJVZOVZOUYNUYNSWLZ^SY]RUYN\]SSWL[_T^dYV\QZ^S_cXWXNILCPTIPTIZ^S\`Udh]]aVZ^SY]RSWLSWL]aVcg\aeZdh]kodnrgbf[ei^`dYjncei^^bWaeZ`cZ^aX]`WX[R[^Uad[ad[be\mpgjmdhkbjmdad[eh_cf]^aX^bWimbfj_lpeknebe\]`Wcf]uxoqtkpsjjmdfi`hkbilcnqhotknsjhmdnsjnsjqvmnsjfkbbg^hmdejadi`hmdfkbaf]ch_X^S&,!39.?E:8>39?4.4)#),1(EJATWN[^UY\SRULSWLSWLNRGNRGMPGHKBUXOORIWZQNQHUXOMPGOSHTXMSWLKODPTINRGVZO_cXY]RVZOX\QVZOPTIJNCIMBOSHFJ?FJ?LPEIMBLPEHLAMQFMQF]aVZ^SVZONRGFJ?DH=?C86:/15)15)04(+/#-2#,1".3$05&(/",0$>B6<@48<0<@4@D879-48,26*;?3<@4@D8@D859-<@4AE9BF:SWKcg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`VklblpeTXMPTINRGOSHTXMQUJW[POUJIMBQUJNRGX\QQUJKODTUKMQF]aVUYNQUJTXMVZOZ^SRVKOSHPTIRVKPTISWLNRGLPEKODLMCHLAIMBOSHRVKPTINRGMSHOUJPTITXMKODX\Qy}rPTIYZPY]RLPELPENRGTXMSWLKODY]RW[P]aVbf[UYNW[PIMBTXMZ^SUYNNRGRVKRVKQUJQUJOSHTXMSWLOSHMQFRVKTXMPTIOSHNRGUVLRSIUVLY]RZ^STXMOSHTXMSWLUYNRVKNRGNRGPTINRGLPENRGMQFLPEPTINRGPTIJNCQUJ\`UVZOOSHOSHZ^Sfj_QUJPTI[_TX\QSWLW[PPTIPTIMQFNRGTXMJNCCGEI>JNCPTINRGIMBUYNTXMMQFMQFMQFRVKLPEZ^SUYNIMBRVKQUJHLAPTILPEQSGUYMOSHLPEOSHTXM[_TY_TW[PRVKPTIQUJPTINRGLPELPEPTIPTIPTIHLAOSHUYNNRGMQFW[PX\QZ^SNRGNRGPTIOSHTXMW[PY]RSWLTXMTXM[_TY]R\`U]^TPTIW[P[aVRXMUYNZ^SSTJLOFVYP^bWbf[Z^SVZOW[P_cXaeZZ^SX\Q_cXei^cg\]aVY]R[_TaeZei^bf[pticg\jncdh]dg^hkb_bYY\S^aXcf]eh_dg^nqheh_fi`kne_bY^aX_bYdg^Z^Sei^aeZimbgjaeh_dg^fi`eh_eh_jmdfi`ad[ad[ad[dg^jofinedi`lqhkpgotkqvmsxolqhrwnnsjejadi`fkbbg^^cZ}yZ_V17,7=2MSH;A6*0%,2'=C8LQHW\SX[RMPG[^UTWNMQFVZOMQFGK@QTKSVMSVMQTKTWNNQHRULPSJMQFNRGY]RX\QVZOLPERVKW[PQUJSWL[_TW[PUYNVZONRGLPEEI>GK@LPEIMBPTINRGQUJPTISWL\`UIMB26+26+48--1&-1&04(6:.6:.*.".3$+0!-2#,1"15)48,8<026*:>27;/48,9;/6:.8<0<@4AE98<026*=A5AE9<@5AE:^bWX\PDH<:>2:>248,MQFUYN^a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aVRVK\`UQUJLPEMQFUYNRVKKODPTITXMOSHJNCNRGJNCLPEW[PVZOPTIQUJNRGSWLUYNUYNOSHQUJuynimbY]RSYNSYNY_TV\Qdj_U[POUJJPEQWLSYNPVKKQFLRGHNCRXMPVK\`UPTIIMBSWLX\QVZOZ^SY]RPTISWLSWLNRGZ^SUYNOSHLPEHLANRGEI>JNCNRGOSHLPERVKSWLNRGUYNVZOLPELPERVKNRGIMBKODGK@OSHPTIHLAKODKODMQFLPEW[PMQFJNCQUJY]RUYNUYNRVKRVKSWLNTIMSHNTIMSHRVKPTIQUJOSHNRGZ^S^bWRVKOSHRVKJNCNRGNRGQUJ]aVQUJJNCMQFSWLSWLNRGLPEPTIY]RTXMUYNTXMTXMTXMPTIOSHSWL\`UUYNZ^SUYNX\QX\Q[_T\`UTXMPTIPTIVZOY]RW[PTXMSWL[_TY]RVZO_cX`dY^bWPTIUYNTXMNRGX\Qcg\Y]RNRGOSHQUJVZOfj_`dYZ^Sbf[fj_dh]aeZ_bYgjadg^svmrul`cZfi`fi`ilcjmd\_V_bYcf]uxovypbe\Y^U\aXaf]`e\di`fkb^cZch_jmdlofgjafi`jmddg^`cZfi`fi`eh_dg^knehkb[`Winev{rnsjpulnsjmriejainey~utypine@F;(/"#,%-"08->D9MRIUZQVYPZ\VX[RSVMTWNUXOQTKPSJQTKORIPSJQTKPSJPSJNQHQTKVYP]`WX\QQUJHLALPEOSHLPEQUJSWLRVKOSHSWLNRGRVKUYN[_TY]RTWNPSJCG2<@48<08<07;/6;,AF7;?36:.=A5@D8BF:DH<[_TZ^SNRGNRGIMBFJ?W[PVZOX\Q\`TMQE8<015)37+6:.6;,26*15)48,9=1:>259-15)04(26*59-48,48,26*.2&15)04(48,6:.;?3=A5:>259-6:.:>2:>248,6:.59-6:.;?37;/26*<@4:>248,8<07;/<@4:>2<@4=A56:.37+6:.8<08<07;/59-?C7:>226*48,8<08<0:>26:.26*6:.<@4EI=9=1/3'/3'<@4;?326*59-26*AE915)6:..2&-1%59-48,8<0GK?FJ>:>27;/6;,7;/7;/6:.7;/8<0>B6FJ?FI@CG28=.?D59=1@D8=A5AE9CG;BF:KOCOSGGK@FJ?HLAIMBKODJNCIMBHLAHLANRGMQFIMBHLAKODNRGIMBKODFJ?BF;DH=DH=IMBMQF?C8JNCSWLNRGAE:CGHLALPEUYNLPETXMQUJX\Q]aVX\QUYNJMDKODOSHUYNMQFAE:=A66:/<@415)26*15)-1%,0$04(-1%'++/#15)/3'/3'-1%15)48,37+37+15)8<0<@48<0:>2=A5<@4>B648,48,<@4;?3BF;NRGZ^SVZO[_TSWLCG2:>259-9=17;/?C7>B6?C78<0;?37;/48,;?3BF:>B659-8<09=148,59-9=1<@4>B68<07;/7;/9=1@D8<@47;/6:.<@4<@4;?3:>2?C7:>2/3'37+9=16:.59-26*48,:>29=159-48,8=.:>2:>26:.59-:>2AE9FJ?DH=FJ?8<1<@5AE96:.9=1FK2;?3BF:GK?DHJNCMQFFJ?EI>LPEKODHLAOSHDH=>B7GK@JNCFJ?FJ?BF;DH=JNCHLADH=KODRVKPTILPERVKVZOMQFLPELPELPETXMSWLKODOSHLPEKODKODRVKQUJMQFIMBNRGKODOSHJNCLPEFJ?IMBBF;Z^S]aVSWLGK@RVKJNC^bWOSHLPEKODJNCY]RTXMRVKRULNRGQUJVZOW[PRVKOSHPTIPTIRVKUYNPTIQUJNRGKODMQFQUJVZOLPEPTIX\QNRGSWLW[PPTIW[PTXMSWLTXMNRGLPERVKQUJW[PJNCOSHQUJTXMPTITXMLPELPEKODMQFOSHQUJRVKRVKRVKMQFUYNOSHKODOSHMQFMQFMQFKODRVKKODQUJMQFJNCX\QW[PMSHDH=GK@KODKODMQFQUJ]^T_cXSWLSWLPTI^bWSWLNRGQUJUYNPTIKODMQFJNCNRGNRGPTITXMZ^SOSHKODQUJQUJPTIRVKNRGPTITXMSWL\`Ujnc^bWX\QX\Q\`UX\QaeZVZO\`URVKPTIOUJLRGLRGPVKW]RQWLSYNNTIMQFUYNSWLTXMW[PUYNW[PX\QOSHNRGPTIX\QOSHKODPTIJNCJNCQUJLPEIMBOSHMQFMQFJNCNRGNRGLPEIMBFJ?FJ?HLAIMBRVKW[PNRG@D9OSHY]RJNCMQFJNCQUJFJ?[_TY]ROSHW[PSWLPTIMQFVZOX\QPTIQWLV\QMSHKODNRGMQFJNCJNCJNCKODLPEUYNX\QTXMMQFSWLQUJFJ?NRGPTISWLUYNUYNVZOTXMPTIKODVZO\`UY]RTXMPTIHLAFJ?QUJKODKODPTIX\QUYN\`USWLPTIW[PVZOW[PZ^S[_TX\QTXMSWLRVK[_T\`UkodlpeaeZZ^SX\QY]R[_TSWLRVKZ^SY]RUYNY]R\`UX\QX\Q\`U[_T_cXei^^bWilc]`Weh_jmdZ]T\_Vilcbe\Z]Tdg^ilcad[psjlofbe\`cZdi`]bYZ_V`e\ch_af]`e\\aXad[ad[gjaloffi`^aX\_V]`W]`WVYP^aXnqhrwnkpgbg^ejahmdkpgglcdi`af]`e\glclqh~fkb8>3)/$$*.6+=C8LRGPVKPULRULORITWNTXMUYNTXMNRGKODNRGRVKSWLPTILPEQUJNRGNRGLPEQUJIMBQUJSWLOSHMQFIMBFJ?MQFPTIPTIJNCRVKTXM\`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aV]aVTXMW[PVZOZ^S\`U\`U\`U\`U\`UZ^SW[PUYN]aVbf[Z^SaeZ_cXUYNX\QUYNZ^SX\QTXMVZO`dYbf[]aV\`U\`Ucg\^bW]aV_cX\`U\`U^bW\`URVKcg\gk`W[PX\Q_cXaeZ^bWcg\gk`[_TaeZcg\^bWcg\fj_`dY\`Ugk`hladh]kodfj_dh]`dYfj_jncfj_fj_gk`bf[eh_be\ilckpgglcdi`[`Wch_ch_inebg^`e\nsjv{rrwnkpg~zTYP#))/$6<1DJ?NTISYNKQFHMDORIPSJTWNVZOY]RVZOMQFJNCLPENRGNRGOSHNRGOSHIMBNRGKODMQFKODPTIQUJMQFOSHQUJQUJUYNSWLPTIQUJTXMX\QZ^SUYN^bW\`UW[PTXMCGB6>B6BF:DH<:>27;/:>2@D8AE:NRG^bWW[PJNCGK@:>3BF;NRGTXM[_TPTIFJ?15)48,9=159-6:.59-49*7;/59-48,59-8<0:>28<048,59-<@448,37+8<059-6:.:>248,37+48,59-6:.6:.6:.6:.26*/3'48,59-59-7;/26*-1%59-6:.8<004(59-6:.9=148,AE9<@46:.7;/:>248,04(7;/26*;?3:>259-15)48,;?3;?36:.:>29=115)15)6:.;?39=1=A6=A6=A68<1<@548-8<126+26*48,7;/48,04(59-<@4<@405&26*48,26*37+=A5EI=AE:>B7EI>?C8@D8=A5;?3CG;:>2=A5<@4HL@GK?FJ>CG;7;/@D8FJ?AE:DH=LPEFJ?JNCJNCFJ?KODKODNRGEI>GK@QUJLPEHLA?C8FJ?EI>EI>EI>GK@IMBDH=CGKODOSHKODGK@RVKMQFFJ?SWLSWLRVK]aVSWLTXMMQFW[PRVKNRGPTISWLQUJKODVZOdh]Y]RTXMSWLRVKOSHQUJNRGMQFVZOPTIJNCRVKPTIX\QSWLVZOKODQUJKODMQFJNCMQFJNCOSHTXMLPERVKIMBIMBRVKTXMW[PZ^SRVKOSHSWLSWLNRGPTICGLPELPEFJ?FJ?PTIcg\UYNKODUYNPTILPEUYNSWLPTINRGKODRVKMQFRVKUYN^bWVZOMQFQUJX\QSWLLPENRGX\QUYNMQFMQFPTIFJ?CG29=137+26*-1%04(04(37+/3'6:.48,6:.;?3<@4>B6;?3;?38<0<@4AE:EI>X\Qbf[LPEGK?=A5IMAX\PRVJQUITXLIMA;?459-48,.2&26*6:.15);@16:.7;/7;/7;/9=1:>26:.15),0$59-59-48,48,15)6:.<@48<06:.59-6:.8<0:>2;?3;?348,15)59-48,37+6:.37+15)49*9>/6;,5:+27(;@16;,16'AE9?C7=A5=A5<@459-26*6:.59-37+26*9=1;?37;/<@4@D8;?39=1:>29=1<@49=1;?3<@426*=A5=A59=137+37+6:.48,9=17;/59-15)15)8<0<@49=15:+8<0=A58<015)8<0@D8>B7AE9@D8?C7EI=AE9<@4BF::>2<@4CG;>B6DHB7EI>?C8FJ?FJ?FJ?GK@JNCLPEEI>CGB7IMBJNCDH=GK@HLA<@5KODJNCCGKODTXMQUJJNCVZOVZOOSHY]RQUJMQFVZOW[P\`UW[POSHRVKOSHUYNQUJMQFOSHSWLQUJOSHOSHW[PSWLY]ROSHQUJQUJSWLQUJY]RY]RY]RX\QZ^S[_TZ^SW[PY]R\`U]aV_cX^bWW[P_cXZ^SY]RNRGNRGRVKQUJW[P]aVY]R[_T\`Ucg\bf[UYNX\Qdh]\`UQTK^aXeh_VYPRULX[RWZQ\_VZ]TY\S_bYhkbcf]jmdad[X[Rhkbdg^ad[be\_bY_bYilcnqhnqhhkbgjagjahkborinqhad[_d[fkbkpgsxootksxofkb`h^sxopulinedi`jofnsjnsj{w{y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`UVZOPTISWLRVKY]RNRGKODGK@IMBY]RUYNNRGSWLTXMTXMOSHRVKMQFJNCSWLQUJW[PW[PUYNUYNUYNNRGHLAPTISWLLPENRGQUJJNCLPEPTIQUJSWLOSHUYN\`UFJ?PTISWLUYNNRGLPELPEFJ?RVKOSHHLAEI>JNCNRGLPEHLAIMBTXMPTIJNCMQFLPEKODNRGRVKSWLOSHRVKLPESWLQUJHLAKODPTIX\QUYNQRHUVL[\RXYOFJ?OSHOSHMQFRVKUYNRVKPTIPTIPTIKODQUJSWLPTIUYNW[PY]RVZONRGW[PTXMHLAQUJX\QY]RQUJPTIRVKOSHNRGOSHMQFRVKTXM[_TUYNPTIRVKTXMUYNUYNW[PW[PW[PX\QZ^SVZOPTIX\QX\Q^bWZ^SVZOTXM_cX`dY[_T[_TY]RVZOTXMW[PY]RVZO[_TW[P^bWdh]Z^SZ^Sbf[W[PQTKcf]origja\_VZ]T]`Wfi`cf]dg^ad[fi`be\\_V^aXeh_fi`cf]be\`cZad[be\ad[fi`orihkbfi`gjagjajmdkneeh_mriqvminemriaf]di`ckaiqgdi`jofsxoqvmkpgejadi`uzq|{^b\;@7GMBNTIDJ?FKBKNEORIQTKJMDNRGTXMMQFHLANQHQTKORIPSJWZQVYPPSJORIUXOHKBLOFWZQHKBKNEORIJMDCGMQFMQFQUJIMBUYNTXMTXMLPEDH=CG2.2&26*04(15)*."/3'15)6:.)-!37+59-6:.04(9=1>B6DH2=?3BD8@B6=?39;/9=1FJ>LPEW[Pbf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bWVZOLPENRGTXMLPEFJ?KODVZORVKSWLSWLX\QQUJVZOTXMNRGSWLVZOOSHOSHQUJQUJQUJOSHMQFMQFSWLW[PVZOLPENRGPTIPTISWLUYNTXMRVKLPEOSHTXMPTIQUJSWLMQFTXMNRGLPEMQFVZOSWLfj_txm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aVX\QSWLQRHYZPRSISTJVWMTUKXYOSTJYZPWXN\]SRSIPQGPQGTUKRSIPTIVZOQUJTXMVZOW[P[_TUYNPTIQUJSWLTXMPTIKODLPEPTIPTIOSHUYNX\QQUJOSHTXMUYN[\RRSINOEWXNUVLSTJZ[QRSISWLPTIW[PTXMUYNRVKVZONRGFJ?PTINRGUYNVZOei^dh]PTIVZOMQFPTIPTITXMOSHSWLQUJNRGLPEPTIRVKPTIHLACGKODY]RQUJW[PY]RNRGTXMY]RLPEOSHNRGMQFIMBKOD[_T[_TGK@RVKW[PY]RPTIPTIUYNRVKRVKSWLSWLRVKNRGMQFQUJPTIHLANRGVZORVKW[PUYNSWLLPEHLAUYNQUJPTISWLOSHIMBLPELPENRGVZOIMBNRGOSHJNCVZOSWLNTIRXMIODOSHVZOMQFSWLkod]aVNRGIMBIMBSWLNRGPTIQUJOUJRXMVZOMQFLPENRGJKARSISWLIMBX\Qei^LPEX\QVZOSWLNRGSWLVZOSWLOSHMQFNRGOSHRVKPTILPEKODQUJW[PX\QUYNSWLRVK`dYSWL\`UTXM]aV\`UUYNZ^SMQFJNCNRGKODLPENRGRVKZ^SQUJRVKUYNOSHRVKUYNW[PRVKTXMOSHTXM^bWY]RZ^SWXNQRH\]S`aWZ[QYZP[\R\]S]aULPDOSHQUJOSH[^U`cZX[RZ^S^bWTXMUYN]aVTXMRVK]aVW[PW[P[_TZ^SX\Qcg\uyn}vx{r_bY[^U^aXilc^aXWZQad[hkbad[_bYZ]Tbe\be\Z]Tnqhqtkoriad[lofjmd^aX\_Vilchlauynimbkpghmdejainensjqwly~usxoqvmpullpj`d^mqk|ch_;@7AF=INEHMDEJABG>GLCHMDEJAKPGTYPLQHHMDTYPNSJLQHMRISVMRULUXOUXOFI@MPGQTKQTKPSJILCFI@NOFOPGJNCGK@JNCKODHLASWLTXM\`UPTILPEHLAJNC=A6>B7NRFBF:@D88<0/3',0$,0$*."*."/3'%,)0#)-!15)15).2&13'/1%-4%49*5:+27(37+48,37+57+@D8<@459-37+37+/3'59-FJ>DG>NQHVZO\`ULPE>B7=A6MQF[^U[^U_c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aeZX\QNRGW[P\`UX\QRVKMQFUYNUYNQUJZ^S]aVVYP\`Ubf[^bWVZOW[PaeZfj_Z^S\`UW[PW[PY]RW[PY]Rfj_swl]`WVYPY\SWZQcf]eh_be\cf]^aXbe\ilcilcorilofad[hkbuxoilc^aXnqhknebe\cf]ilclpeimbad[ineglcjofotkkpgw|srwnsxokpgmriimgnrlquouzqSXO>C:DI@BG>DI@DI@>C:CH?JOFFKBDI@LQHPULKPGLQHFKBKPGMRILOFORIRULNQHORI[`WSXOLOFLOFLOFGJAJMDILCGK@DH=BF;MQFRVKW[PQUJLPEPTILPE:>3?C8IMB@D8<@4;?39=137+04(.2&,0$-1%.2&.2&-1%-1%-1%04(37+.2&.2&)-!18)7<-6;,48,59-7;/7;/9;/;?3<@47;/59-8<07;/9=1BF:KNEX\QZ^SSWLDH=>B7GK@]a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aV\`UTXMSWLQUJNRGRULVZO\`UTXMNRGTXMUYNSWLW[PY]RVZOVZOX\Q\`U^bWTXMRVKSWLY]R`dYaeZX\QTXMZ^SWZQZ]T]`WWZQ`cZfi`dg^be\dg^fi`cf]^aXbe\fi`fi`gjasvmlofpsjyqtkcf]gjalofmqfgjajofqvmglcnsjrwnglckpgnsj}yw|slqhjnhw{uswquzqLQH@EDI@EJAHMDJPEEK@DJ?HNCCI>MSHOUJFLADJ?OUJRXMHLAHLAKODJNC]aVflaV\QEK@DH=MQFJNCKODGK@QUJY]RLPESWLQUJSWLbf[fj_NRG?C8;?4GK@EI=:>27;//3'6:.15)/3'-1%+/#/3'15),0$37+/3'04(.2&26*-1%/3'-1%+2#.3$/3'26*8<09=19=1=?3@D8>B659-26*:>2AE:EI>LPESWLZ^SSWLHLAFJ?KODRVK\`UW[PUYNMQF9=215)7;/7;/6:.8<06:.48,04(48,59-/3'59-7;/+/#48,8<037+48,26*48,@D804(-1%9=16:.;?337+/3'26*48,26*48,26*-1%04(38)@D89=137+9=17;/26*6:.7;/59-26*:>28<048,8<06:.7;/7;/59-9=17;/6:.6:.6:.<@47;/9=18<0;?37;/:>28<09=1?C79=1;?3:>2<@49=1:>237+15)26*26*37+59-6:.37+04(26*59-59-59-7;/5B6?C7AE9AE9@D8BF;AE:CGMQFMQFNRGNRGPTIVZOTXMVZOOSHUYNY]RTXMPTIMQFPTIRULWZQY\SRVKNRGPTIOSGRVJW[P[_TRVKUYN_cXUYNOSHVZORVKW[PW[PX\Q\`U[_TW[PZ^SZ^SW[PVZOUYN\`U^bW^bW`dYaeZaeZZ^SX\Q\`Ucg\gk`bf[gjahkbvyp|vnqhknelofkpgmrix}ttyphmdmrilpj]d]jofmripultypjnhswqvztjnhlqhPULINEGLCFKBEJAFKBRWNRXM>D9>D9PVKHNCFLAGMBIODNTIJPERXMNRGFJ?LPEQUJW[PTZOOUJGMBBH=LPEFJ?IMBHLAW[PZ^SMQFJNCJNCX\Qgk`swlCGB7BC9CG;9=1/3'48,>B6AE:MQFae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`UX\QX\Q_cX_cXPTINRGY]RRVKOSHNRGSWL[_TSWLSWL[_TUYNRVKTXMOSHW[P\`USWLQUJUYNQUJZ^STXMQUJUYNZ^SZ^SW[PX\QY]RRVKTXMUYNUYNUYNPTIRVKRVKRVKRVKX\QQUJW[PTXMOSHMQFPTIW[PKODQUJQUJOSHRVKOSHTXMMQFVZOSWLZ^SQUJTXMOSHNRGPTIOSHQUJPTIJNCMQFIMBHLAHLAPTIKODSWLRVKOSHW[PRVKPTIRVKTXMVZOQUJIMBHLAHLAEI>KODRVKLPEKODY]Rcg\SWLRVKSWLX\Qbf[_cXTXMW[PUYNUYNVZOTXMUYNVZOUYNQUJY]RQUJNRGKODQUJSWLSWLOSHKODMQFIMBSWLUYNAE:CGLPELPERVKQUJGK@GK@HLAPVKOUJHNCDH=CGFJ?JNCNRGTXMHLATXMRVKVZORVKMQFNRGNRGSWLRVKPTIQUJTXMQUJW[PRVKMQFLPERVKTXMOSHLPEOSHRVKSWLMQFNRGNRGMQFOSHRVKRVKPTIX\Q^bWQUJRVK[_TTXM\`U]aVfj_Y]RX\QX\QQUJRVKW[PVZOVZOZ^SY]RW[PZ^SZ^SUYNUYNQUJQUJUYNQUJOSHQUJNRGPTIPTIPTITXMQUJLPEMQFMQFOSHORIQTKTWNSWLUYNSWLNRFRVJVZOaeZW[PQUJY]RVZORVKUYNUYNVZORVKQUJX\Q[_T\`Ucg\_cXY]RQUJVZO[_TZ^SX\QY]RX\QZ^SY]R]aVaeZdh]fj_dh]be\dg^jmdsvm}wtwneh_`cZ]bY_d[ejadi`glchohfmfelev}vv}vnunt{tovoqxqu|uyypulQVMFKBEJA>C:EJAINEGLCINEJOFDI@>C:MRIKPGHMDAF=KPGOTKJOFINENQHTWNWZQQTKNQHGLCJOFINECH?LQHEH?KNEMPGLPEGK@LPEJNCQUJ]a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cXSWLSWLUYNX\QVWM`aW^_UVZOLPEPTIPTIPTIX\QSWLPTITXMgk`jnc[_TSWLX\QQUJQUJMQFTXMX\QRVKOSHTXMPTILPEMQFSWLTXMUYNX\QRVKNRGUYNRVKSWLSWLUYNSWLMQFPTI[_TX\QX\QY]RTXMUYNW[PQUJMQFW[PSWLTXMW[PUYNX\QVZONRGUYNSWLVZOSWLW[PTXMQUJSWLRVKVZOMQFX\QTXMX\QMQFVZOOSHOSHTXMSWLQUJMQFHLANRGSWLNRGPTIMQFQUJOSHSWLPTIKODIMBQUJRVKGK@GK@LPEIMBJNCRVKMQFHLAPTIUYNOSHLPETXMQUJUYNRVKQUJY]R\`U[_TUYNRVKSWLSWLRVKSWLSWLPTIIMBTXMPTIRVKSWLX\QTXMOSHQUJOSHSWLPTIQUJMQFEI>MQFQUJDH=JNCOSHSWLNRGAE:LPEMSHGMBQWLLPEHLANRGJNCRVKQUJQUJNRGMQFDH=RVKUYNOSHY]RTXM\`UUYNMQFOSHNRGUYNMQFMQFIMBPTIgk`Y]RTXMMQFPTITXMRVKLPENRGVZOX\QSWLPTIX\Q[_TUYNMQFKODNRGRVKRVKX\Q[_TTXMVZOTXMlpervkbf[TXMSWLRVKNRGRVKSWLQUJZ^S[_TX\QX\Qbf[cg\X\Q[_TZ^SUYNZ^SUYNRVKRVKJNCOSHHLAKODTXMTXMNRGJNCMQFX\Q]`WX\QW[PUYNVZOTXMMQFQUJRVKW[PW[PX\QVZOUYNVZONRGPTIMQFOSHX\Q\`UW[PVZO]aV^aX\_VTWN[^U_bY_bYZ]TWZQV[RY^U[`W\aX_d[^cZ]bYbg^\_Vcf]jmdhkborihkbbe\knekpgjofhmdlqhu|umtmryr||nunw~wjofTYPDJ?@F;EK@@F;FLALRGNTIGMBFKBLQHGLCKPGEJAQVMMRIMRIKPGPULFKBKNEZ]TUXOKNEMPGNSJLQHINEEJAQVMDI@KNEORIHLAMQFVZOY]RVZONRG6:/=A6BF:04(26*6:./3'26*38)*/ /3'26*26*04(15)37+26*37+02&.0$26*59-48,48,)0#)0#07*59-37+26*>B7IMBFJ??@638)9>/9=1:>2GK@PTIRVKTWNJNC?C8IMBVZO]aVVZOY\SWZQ?C759-48,6:.59-26*15);?348,7;/59-26*26*7;/8<015)6:.7;/37+26*48,7;/9=148,/3'48,6:.37+8<026*:>204(:=.58)05&37+15)26*52;?38<07;/:>27;/59-6:.:>27;/8<0<@4:>2<@437+48,8<0<@4=A5;?3:>2;?37;/7;/>B6:>2:>26:.6:.04(26*48,6:.8<0=A5AE9BF:AE9IMADH<:A452>B6=A5=A5>B6<@47;/04(9=1;?3@D8BF:HL@>B6>B6CG;IMBCGLPEFJ?@D9CG<@D9JNCEI>NRGMQFIMBHLAOSHJNCJNCKODFJ?FJ?KODLPEOSHOSHKODLPEPTIOSHLPEKODRVKOSHVZOY]RMQFSWL^bWNRGNRGSWLPTIIMBPTIY]RW[PTXMPTITXMSWLSWLOSHTXMSWLKODQUJOSHJNCLPERVKQUJNRGQUJSWLUYNQUJUYNQUJSWLRVKSWL]aVNRGNRGPTIVZOYZPXYOUVLUYNLPENRGRVKNRG^bWW[PSWLXYOpqggh^abXWXNTUKXYOXYOZ^S]aVX\QTXMPTIPTITXMTXM\`U_cXTXMNRGTXMQUJPTI]aVNRGMQFKODNRGTXMQUJNRGRVKRVKZ^SY]RW[PVZOTXMVZOSWLTXMPTISWLSWLRVKSWLVZOPTIUYNRVKPTIW[PW[PVZOSWLNRGVZO[_TW[PX\QW[PTXMPTIZ^STXMPTIQUJRVKSWLPTIJNCPTILPEJNCMQFLPETXMPTIQUJRVKRVKNRGPTIQUJKODKODMQFHLANRGIMBFJ?NRGTXMMQFJNCTXMSWLQUJQUJLPEPTIZ^SY]RVZOTXMOSHOSHSWLRVKOSHNRGMQFPTIQUJGK@LPEPTIUYNRVKOSHMQFMQFNRGNRGJNCHLAKODSWLOSHIMBSWLNRGKODLPEEI>VZOKQF?E:GMBMQFSWLVZOKODQUJVZOSWLJNCIMBHLAVZOW[PRVKYZPUVLVZOTXMMQFLPEMSHOUJRVKJNCGK@DH=[_TTXMPTILPERVKSWLPTILPEPTIW[PX\QTXM^bW[_TUYNPTIPTIRVKOSHJNCRVKHLAQUJMQFOSHX\Qlpebf[LPEIMBRVKRVKNRGSWLVZOZ^S`dYX\QVZOSWLW[PZ^SX\Q^bWZ^SUYNW[PY]RVZOPTIOSHTXMUYNUYNX\QVZOQUJNRGQUJ`dYei^_cX\`UW[PTXMSWLPTIRULVZOTXMUYN_cX_cXW[PW[PVZOSWLNRGRVK\`UZ^STXMUYN\`UUXOX[RSVM`cZdg^dg^be\be\_d[`e\bg^`e\hmdfkbW\SX]TWZQ[^Ulofjmdfi``cZjmdyv{rw|sqvmuys||mtmu|uu|uszspxneicJOFCH?HNCDJ?OUJLRGFLAEK@RXMOUJPULLQHLQHSXOBG>UZQ]b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bWaeZUYNPTIQUJUYNSWLRVK[_T[_TTXMW[PRVKGK@QUJNRGNRGPTINRGMQFPTIOSHOSHTXMUYNQUJNRGVZOVZOOSHPTIOSHY]RY]RX\QSWLRVKX\QVZOYZPYZPRSIWXNSWLVZONRGZ^SNRGZ^S]aVTXMcdZstjTUKXYOXYOSTJ^_UVWM`dY`dYW[PX\QTXMOSHX\Q[_T[_TX\QW[PW[PVZOQUJNRGNRGVZOW[PRVKPTITXMSWLPTIRVKW[PMQFZ^SSWLUYN\`ULPEY]RUYNRVKX\QTXMTXMTXM\`UY]RVZO[_TVZO[_TQUJSWLX\QRVKPTIRVKPTIKODVZOPTIPTIUYNRVKLPELPEOSHRVKPTIMQFVZOTXMUYNMQFRVKRVKSWLNRGUYNSWLPTIMQFLPELPELPEKODIMBPTISWLNRGJNCNRGSWLQUJMQFPTIVZOW[PMQFMQFVZOZ^S_cXY]RPTIPTIX\QX\QQUJOSHQUJRVKSWLLPESWLPTIKODHLAJNCKODLPENRGRVKQUJPTIUYNUYNFJ?MQFKODGK@JNCNRGLPEGK@GMBQWLOUJMQFKODKODKODGK@QUJNRGQUJLPELPEEI>JNCNRGQRHOPFJNCOSHKODGK@LRGFLAKOD<@5PTIJNCJNC^bWRVKOSHLPENRGNRGLPEMQFPTIQUJQUJPTITXMVZOQUJMQFMQFNRGNRGMQFQUJY]RRVKVZOUYNPTIIMBQUJQUJZ^STXMMQFSWLW[P^bWW[PPTI\`U]aVUYNTXMSWLW[PVZOUYNRVK[_TX\QMQFSWLW[PTXM]aVaeZVZOSWLTXMKODEI>W[OW[O\`UX\QTXMWZQUXOTWN\`U]aVQUJUYN`dYY]RW[Pbf[VZOVZO]aVbf[]aVZ^S[_TZ^S`cZad[\_Vmpglofeh_eh_lofsxolqhfkb`e\qvmv{r_d[\aXhkbY\Sgjakneilcbe\hkbqtkpultypquoyyxxszst{tjrhzzPWPJRHJRGJOFRWNPULIODJPEJPEIODLRGMRILQHRULNQHORISVMNSJV[RUXOMPGQTKRULHKBMPGNQHX[RX\QSWLLOFPSJMPGGJAORIPSJJNCKODY]RFJ?:>3AE:37,+/$07*.5(18+15),0$%* %$))-!'+(, *."04(.2&)-!04(/3(+/$15))-!(, +/#49*49*:@5/5*<@5AE:JNCEI=>@49;/27(6:.AE:SWL]`WX[RIMB>B7:>3PTIUYNZ^S_cXUYMGK?7;/04(59-9=1:>27;/59-7;/9=16:.04(;?37;/59-48,=A5>B66:.6:.15)59-;?39=1:>29=1519@33:-:A44;.8?26=018+;?3<@459-7;/6:.37+:>29=18;,>A2;>/>A2=?3;=1DF:DF:;?4:>2?C7?C7MQE:>2>B6NSDFJ>59-04(37+6:.48,04(7;/?C7BF:;?37;/;?3:>28<06:.59-26*CG;9=148,<@4/3'26*7>1;B518+18+7>1?F97>16=07>16:.;?3AE97;/@D8EI=CE9HLANRGAE:DH=IMBEI>HLACGHLALPEMQFJNCLPELPEQUJGK@QUJJNCOSHMQFMQFGK@SWLTXMIMBFJ?JNCTXMIMBQUJQUJNRG]aVVZOOSHPTISWLVZOIMBUYNW[PY]R\`UTXMUYNNRGMQFSWLTXMNRGOSHUYNKODQUJRVKOSHMQFMQFQUJW[PSWLSWLW[PLPENRGY]RSWLW[POSHZ^SX\QNRGNRGQUJSWLY]RX\QUYNVZOX\QVZOVZOZ^S[_TW[PY]ROSHSWLY]RUYNTXMSWLNRGX\QZ^SX\QUYNZ^STXMUYN_cXX\QVZOPTIMQF[_TQUJTXMQUJJNCOSHNRGJNCRVKMQFY]RX\QPTIOSHRVKQUJQUJSWLPTIX\QVZOSWLQUJX\QZ^STXMW[PVZOOSHX\Q\`UKODJNCW[POSHNRGW[PUYNSWLPTIW[PRVKMQFSWLPTIPTINRGOSHOSHLPERVKJPEY_TTZOX^SMSHHNCNTIKQFLPERVKUYNGK@SWLPTIUYNQUJQUJNRGOSHVZONRGSWLSWLNRGQRHNOERSITUKOPFVWMUVLcdZVZOLPEGK@SWLQUJPTIKODNRGTXMHLAIMBQUJMQFJNCKODIMBNRGOSHOSHVZOSWLQUJX\QPTIVZOLPEKODLPEHLALPERVKNRGOSHVZONRGMQFGK@JNCKODLPEPTINRGNRGMQFLPENRGRVKRVKMQFRVKNRGJNCNRGOSHKODJNCKQFJPEHNCQUJPTI\]S\]S[\RJNCJNCRVKOSH]aVRVKW[P[_TQUJMQFX\QX\QLPESWLIMBKODTXM^bWZ^SPTITXMZ^SX\QTXMRULQTKY\Sbe\UXOX[RZ]TX[RX\Q[_TX\QX\Qcg\[_T\`U_cXdh]cg\aeZ_cX^bW[_TW[PSWLaeZkodaeZY]R^bW^bWY]RRVKZ^SVZOX\Q\`U[_TY]RZ^SY]Rcg\Z^SW[P]aVbf[_cXZ^SY]R^aXgjasvmilc_bY]`Wdg^^aXcf]]`W[^Ueh_be\cf]mpg{rulorinqhdg^lofpsjorinqhsxofkbjofrwnlqhlqhfkbmritypv{rqvmotk}}y~zqsmlpjlslw~wcjc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aVW[PW[PZ^SRVKZ^SX\QSWLQUJVZOSWLPTITXMPTI]aVUYNRVKY]RVZO[_TUYNLPEMQFPTIUYNMQFJNCRVKPTIHLAKODUYNRVKGK@JNCSWLSWLHLAMQFOSHUYNLPERVKJNCOSHNRGPTIW[PJNCIMB]aVUYNGK@RVKPTIQUJRVKLPEVZOIMBZ^S[_TMQFIMBNRGHLAMQFCGHLAIMBGK@GK@JNCKODHLAFJ?FJ?GK@LPERVKKODGK@GK@LPELPEFJ?IMBLPEFJ?FJ?KODKODGK@NRGHLAIMBBF;JNCKODKODKODLPELPEKODKODVZOSWLOSHPTIVZORVKKODKODPTIMQFOSHQUJTXMVZOW[PUYNOSHQUJUYNW[P[_TUYNTXMVZOTXMQUJY]R\`UY]RVZOZ^S^bWaeZ`dYY]RTXMTXMSWLX\Qdh]Z^STXM[_T`dYZ^SW[P\`U\`U_cXZ^SW[PY]R]aVY]RY]RX\Qgk`gk`fj_`dYY]RTXMRVKSWLdh]lpecg\[_T]aV\`U\`U[_T^bWY]RX\QX\QVZOTXMUYNUYNY]RTXMVZO]aV`dY^bW`dYfj_`cZX[R]`Wbe\fi`ad[^aXVYPZ]T[^UUXOVYPX[Rgjanqhruldg^cf]jmdbe\cf]cf]dg^eh_bg^`e\ejalqhkpgpulejabg^ejafkbejamrikpgglcjofhmd|lpjlslxxipiJQJOWMLTIRWNV[RTYPNSJHNCDJ?CI>GMBHMDINEBE248,26*6:.;?3;?38<06:.;?3>B615)59-9=104(,0$,0$37+37+9=16:.6:.9=1=A559-7;/:>29=1@D8<@46:.<@4:>2:>2:>27;/26*6:.7;/<@4;?37;/7;/59-6;,7<-49*6:.7;/7;/;?3:>2<@5>B69=1AE9:>2:>215)27(37+59-9=159-48,7;/59-59-,0$26*?C7;?36:.:>27;/7;/6:.>B6AE99=1:>2<@459-59-<@49=16:.59-/3'<@4=A526*/6):>2>B6@D8;?3AE9DH3;?3-1%)-!'+.2&04(%).2&/6)3:-%,$(%)',/4%%*+/##'(, +/#*."+/#)-!(, +/#6:.+/#/3'/3'-1%37+48,8<1HLAJNCHLA8<16:/BF;EI>QUJcg\\`UOSHCG259-;?3:>259-7;/=A58<015)37+:>215)6:.-1%.2&8<06:.8<09=1;?3;?3;?37;/>B6BF:37++/#8<06:.59-48,6:.26*9=159-59-6:.;?337+7;/8<09=1;?3=A59=1:>2:>2AE9BF:8<037+48,6:.:>2:>27;/7;/8<03:+8?029,9@3;B57>13>B6;?3?C726*9=16:.5:+/3'48,;?38<07;/;?38<08<06:.48,@D88<015)9=159-59--1%:>29=17;/<@4:>215),0$8<07;/26*26*26*@D8>B637+,3&6:.6:.:>2>B6GK?FJ>LNB@D9NRGDH=AE:KODHLAIMBSWLOSHIMBBF;AE:FJ?KODMQFKODJNCPTIMQFKODIMBPTIPTIQUJOSHY]RQUJNRGOSHMQFPTIMQFQUJKODPTIX\QOSHTXMZ^S[_TQUJUYNPTIRVKX\QPTIW[PKOD`dYTXMNRGRVKVZOTXMTXMW[PRVKUYNY]RW[PQUJQUJTXMSWL[_TVZOMQFOSHRVKOSHTXMY]RRVKQUJJNCLPEZ^S\`UVZOVZOY]RVZOW[PX\QUYNTXMW[PY]RY]RZ^SW[PX\Q[_T\`U[_TX\QSWL_cXTXMVZONRGKODTXMW[P^bWX\QX\QY]R\`UQUJX\Q\`UTXMVZOSWLW[PQUJUYNTXMOSHVZOW[PTXMUYNW[PQUJKODNRGTXMKODUYNSWLQUJY]RUYNVZO[_T[_TQUJTXMZ^SQUJOSHW[P[_TW[PUYNY]RTXM[_TX\QQUJX\QRVKRVKSWLTXMRVKLPEOSHJNCKODQUJUYNUYNIMBTXMnrgVZOKODLPELPEQUJPTIX\QW[PPTIDH=NRGRVKJNCHLARVKKODMSHMSHMSHHNCMSHU[PPVKZ`USWLY]ROSHTXMX\Q`dYSWLSWLY_TU[PQWLOUJOUJSYNW]RX^SW[POSHUYNTXMPTILPEHLAQUJVZONRGOSHSWLPTILPEMQFNRGRVKUYNLPEQUJQUJUYNPTIMQFLPEPTILPEKODOSHIMB@D9@D9GK@IMBKODOSHQUJPTIPTIRVKXYOQRHSTJRVKSWLLRGLRGKQFLPEIMBJNCKODFJ?JNCLPEHLAFJ?GK@MQFTXM[_TQUJNRGPTILPEQUJTXMTXMOSHKODMQFTXMJNBPTHVZNQUISWKTXLW[OSWKQUJTXMW[P]aVZ^S[_TVZO\`U[_T[_T\`U^bW]aVX\QQUJLPEX\Qcg\dh]bf[[_TRVKUYN[_TY]RVZOX\QZ^SY]RZ^S_cXcg\^bW\`U_cXcg\^bWW[PX\Q`dYaeZ`dY`dYZ^S\`U[_T]aVY]RY]R_cX`dYcg\]aVcg\hlaptifj_\`Uei^ei^bf[_cX`dY]aV]cX]cXY_Tag\gmbjpebh]flaotkotklqhnsjlqhqvmqvmmrivxr}osmeicKOIRWNLRGSXOV[R_d[ejaZ_VINEEJAIODKQFGMBKODLPEPTIOSHFLAJPEMQFPTILPESWLLPEOSHVZOQUJ]`WTWNPTIOSHNRGLPEBF:8<0/3',0$/3'04(6:.48,+/#26*)0#.5(")#''+)./4%"'-1%%)*.".2&-1%04(.2&-1%/3'9=126*04(15)(, 37+48,DH=OSHOSHCG<9=28<1MQFPTI]`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bWNRGW[PVZO_cXTXMPTIW[PX\QPTINRGTXMQUJVZO\`UZ^SW[PW[PW[PUYNRVKY]RX\QW[PTXMPTITXMY]RSWLSWLMQFPTIaeZei^Y]RQUJY]RUYNUYNZ^SZ^SZ^SX\QUYNSWLX\Q\`UX\QW[P\`U[_TVZOW[PY]R[_TRVKOSH\`URVKVZOUYNTXMVZOVZOY]RPTITXMSWLTXMW[PGK@LPEX\QW[PLPEQUJQUJVZOVZOVZOVZOOSHLPERVKQUJQUJSWLSWLLPENRGX\QZ^S_cX[_TVZO\`U^bWX\QZ^S^bW^bWcg\[_TZ^SY]R[_TSWLTXMQUJUYNSWLOSHX\QY]RPTIUYNQUJZ^SPTIUYNTXMUYNcg\nrgPTIOSHTXMOSHKODNRG[_T^bWRVKRVKNRGRVKTXMY]RUYNSWL^dYSYNV\QIODZ`UTZOJPEBH=NRGRVKUYNMQFVZOLPEMQFQUJOUJJPENTIPVKJPEKQFNTIGMBNRGIMBKODGK@EI>EI>BF;KODQUJJNCGK@KODOSHOSHKODEI>EI>PTIMQFNRGDH=DH=HLAPTINRGQUJLPEJNCOSHLPEEI>GK@GK@LPEMQFIMBHLAMQFMQFFJ?MNDIJ@GH>LPEJNCJPEJPELRGOSHJNCMQFKODKODMQFQUJLPENRGPTISWLUYN\`U]aVFJ?FJ?KODNRGRVKPTIMQFNRGQUJRVKCG;LPDRVJVZNRVJSWKQUIQUIQUJVZOVZOY]R\`U^bWRVK^bWaeZ^bW[_T\`U\`UZ^SVZOUYNdh]ei^`dY^bWY]RSWLX\Q\`U]aV[_T]aV_cXZ^SW[PY]R[_ThlaaeZ\`U\`U[_TZ^S]aVbf[aeZY]RY]R]aVdh]]aV^bWcg\jncei^`dYfj_`dY^bW^bWgk`dh]`dYmqfgk`]aVW[P[_T\`U\bW`f[[aVbh]ek`ek`_eZbh]lqhineotknsjkpgejainensjwysjlfswquys{ytxrmqkvzteicQUOTYPQWLPTNUYSaf]hmd_d[RWNLQHKPGHMDEJANQHMPGQTKTWNJOFOTKQTKORINQHTWNLOFORIUXOX[R[^UTWNUYNQUJIMBAE959-/3'26*8<004(7;/:>215)26*)-!)0#,3&%,(, )-!).*/ !&/3'*.",0$*."(, ,0$/3'59-:>259-/3'/3'48,+/#9=1AE9FJ>CG;BF;<@5>B7AE:W[P_cXZ]TLPEPTICG;?C7GK?]aVRVK`dYLPEGK@>B7-1&04(:>2=A59=1>B6:>2/3'-1%7;/:>226*kodjnc8<148,9=1,1"7<-;@1AE9<@49=1=A5;?39=1=A57;/15)8<059-37+04(26*.2&15)37+48,6:.;?39=17;/48,59-7;/48,6:.:>2<@459-7;/15)8<037+59-48,37+48,59-=A5:>29=1:>2:>2;?3>B7=A6?C8?C8;?3=A58<09=1:>2;?305&;?37;/7;/48,37+59-37+59-7;/04(48,37+59-9=137+15)7;/9=115)04(6:.6:.48,26*59-=A548,37+9=1AE9;?3=A507*<@4=A5=A58<09=1<@4KMACG<=A6?C8EI>FJ?FJ?LPERVKSWLLPEMQFW[PZ^STXMTXMZ^STXMRVKNRGX\QSWLNRGKODW[PX\QLPEJNCRVKQUJRVKX\QTXMOSHSWLW[PSWL\`UUYNSWLTXMMQFNRGX\QY]RW[PSWLTXM[_TPTIQUJSWLTXMRVKOSHPTITXMRVKW[PW[PUYNY]R[_TW[PTXMNRGTXMW[PTXMTXMTXMTXMVZOOSHQUJX\QX\QQUJUYNZ^SUYNZ^S[_TZ^SW[PUYNZ^S[_TUYNQUJW[P_cXZ^SW[P]aVZ^SRVKW[P]aVQUJVZOUYNTXMTXMPTIQUJTXMZ^SX\QVZORVKSWLUYNX\QX\QPTISWLUYNW[PRVK]aVZ^SY]RX\QX\QW[PSWLQUJUYN]aV`dYY]RZ^SW[PUYN`dY^bW^bWW[PTXM]aV`dY_cXbf[_cX^bWfj_^bW\`UY]RQUJHLAUYNPTITXMSWLRVKY]RVZOKODRVKPTIZ^SNRGUYNNRGOSHW[PSWLOSHRVKUYNOSHKODNRGSWLSWLIMBQUJKODMQFOSHUYNOSHQUJSWLRVKJNCKODKODHLANRGIMBJNCNRGOSHNRGPTIJNCLPETXMHLAEI>KODPTILPELPEOSHJNCNRGOSHLPEFJ?IMBMQFHLADH=HLAGK@BF;?C8GK@PTIMQFBF;HLALPEKODEI>GK@CGBF;IMBEI>KODJNCMQFTXMQUJSWLRVKTXMSWLTXMPTILPEPTIPTINRGY]Rdh]HLAHLAMQFCG2/3'6:.48,+/#.2&!%&- (/"(/"*."(, %*%*%*/3',0$+/#'+(, +/#+/#37+7<-.3$+/#/3'15)15)<@5GK@HJ>;=159-37,;?4HLAQWLW]R\`UPTIHL@6:.=A5SWLcg\UXO[_T@D98<148-26+8<09=19=1>B6<@4;?348,04(:>2=A515)TXM\`U48-37+8<0/4%5:+2:>28<0<@4>B6@D8;@148,37+7;/6:.7;/:>259-48,?C78<015)/3'15)26*37+7;/=A5:>27;/6:.59-37+15)26*=A5:>204(26*6:.AE9=A5;?3:A4<@4:>2@D8?C7AE9@D8JL@EI><@5?C8DH=IMBPTINRGEI>OSHRVKSWLSWLRVKRVKTXMUYNUYNTXMSWLY]RVZOPTINRGW[PW[PTXMUYNPTIOSHTXMVZOY]RUXOVYPRULORIVYPVYPPSJKNERULORINQHNQHRULZ]TTWNPSJNRGRVKTXMSWLRVKTXMVZOVZOTWN]`WX[RTWN\_V]`WVYPVYPVZORVKSWLOSHTXM[_TUYNW[PY]RTXMVZOX\QTXMX\Q^bW[_T^bW^bW\`UVZOTXM[_T`dY]aV^bW]aVei^aeZ^bWcg\_cXY]RaeZ_cX^bW]aVY]R]aVUYN\`U\`UZ^S_cX]aVY]R\`UVZO[_TX\QUYNZ^S[_TQUJX\QVZO\`U^bWX\QVZOW[PUYNRVKRVKQUJZ^S[_TUYNUYNX\QVZOVZOTXMZ^SVZOOSHUYNY]RUYNSWLNRGX\QW[POSHSWLY]R[_TQUJQUJUYNPTITXMVZOTXMQUJKODNRGTXMRVKTXM]aVSWLIMBNRGLPETXMUYNQUJOSHRVKSWLMQFHLAHLAGK@MQFOSHGK@JNCNRGJNCFJ?VZOY]RoshVZORVKLPEJNCLPELPEGK@SWLQUJY]RQUJRVKQRHOPFFG=BC9GH>JKARSI]^TJNCNRGIMBIMBLPEHLADH=BF;HLALPEKODHLAJNCJNCEI>?C8DH=GK@IMBKODUYNMQFLPEFJ?HLAHLAGK@FJ?GK@IMBJNCKODGK@GK@LPEPTIOSHOSHPTIKODIMBGK@FJ?HLAGK@KODMQFNRGQUJPTIKODPTIOSHOSHIMBKODGK@QUJOSHMQF`dYimbX\QY]RJNCFJ?KODTXMTXMSWLUYNUYNNRGLPEUYN]aVUYNTXMW[PVZOZ^SNRGX\QW[PW[PY]RSWLSWLZ^S^bWdh]cg\Z^SPTIPTITXM[_T^bW\`UZ^SSWLQUJ\`UaeZQUJRVKW[PZ^SUYNSWLW[PZ^Scg\dh]aeZ[_TZ^S^bWaeZaeZ]`Wbe\`cZRULTWNTWNZ]T]`W\_Vad[`cZad[]`Wcf]ad[`cZad[`cZcf]\_Veh_mpgknead[di`glc_d[bg^]bYch_jofhmdkpginejof`e\`e\hmddi`\aXdd^bd^dhbptnw~w}{w{uvzt_c]JNHOTK[aVW[U_c]dhb_c]^cZineejaQVMRWNSXOFI@BE337,15*59.8<037+59-59-15);?3@D86:.48,9=16:.6:/;?4;?47;/04(49*/4%8=.=A5CG;@D8=A59=137+37+37+=?38:./1%02&/1%9;/9;/57+26*15)48,15)59-/3'6:.=A546*68,:<0:<0=?379-<>257+9=159-<@4<@4:>28<048,<@4>@4=?3CE9?A5=>4@A7>?5DE;BF;@D8>B6<@48<048,26*26*59-6:.9=159-6:.<@4:>28<048,37+.2&15)6:.26*48,;?3@D89=1:>27;/37+37+59-<@4:<079-79-<>246*9;/79-13'6:.:>2<@4CG;;?39=1<@4JL@KODEI>DH=GK@KODFJ?EI>RVKJNCUYNY]RRVKRVKZ^SZ^SRVKPTIVZOUYNQUJQUJSWLTXMVZOX\Q[_TVZOHLAPTI\`UUYNVZOWZQZ]TWZQWZQQTKY\SX[RUXORULY\SRUL]`WUXOORIZ]Tbe\]aV[_TX\QVZOX\QZ^SX\QVZOX[Rfi`be\\_Vcf]ad[Y\S]`W[_TVZO[_TVZOY]R^bWVZO]aVW[PW[PSWLW[P`dY^bWY]R_cXbf[X\QUYNZ^S`dYdh]cg\_cXfj_\`UaeZ_cX]aVaeZ]aVZ^SY]R\`UUYNVZOUYNZ^SX\QY]RY]RQUJUYNX\QVZOZ^SJNCMQFOSHRVKQUJMQFUYN\`UGK@MQFOSHNRGTXMUYNLPEHLAMQFOSHPTITXMX\QUYNUYNSWLLPEQUJPTITXMNRGRVKZ^SVZORVKSWLTXMX\QVZOUYNSWL\`UX\QOSHRVKQUJY]RRVKIMBUYNY]RKODVWMGH>RSIUVLRSIMNDSTJSTJNRGPTIKODJNCNRGLPEEI>CGBC9PQGWXNHI?MNDMNDRSIKODFJ?IMBLPEW[PUYNQUJCGYZPHLAJNCCGNRGUYNJNC?C8@D9EI>DJ?AGLPENRGZ^SSWLKOD]aVVZONRGLPEHLADH=GK@LPEMQFRVKW[PTXMNQHORIY\STWNRULX[Rbe\UXOPTICG<\`U]aVSWLUYNX\QSWLX\Q[_T_cX^bWW[PPTISWLY]Rkod`dYRVKOSHPTITXMZ^SUYNTXMTXMY]RZ^STXMQUJVZO[_TY]RaeZei^_cXY]R[_T]aV]aVY\S]`Wad[ad[gja_bY_bYdg^gjaad[TWNRULUXOdg^eh_cf]ad[cf]cf]VYP`cZloflofeh_bg^_d[\aXjofejach_inehmdlqhejakpgtypotknsj]bYZ_V\\Vikemqkuyslpjhjd~|UYSBG>SXOZ`UOTKTYPdi`di`bg^ilccf]`cZOTKLQHINE?D;BG>HMDCH?JOFHMDFKBUZQV[RMRILQHMRIUZQ\bWQWL?E:29,07*18+-4'(/".2&.2&*."26*)-!8<079-/1%,0%-1&/3'/3'-1%,0$.3$16'+/#*."59-<@4AE948,.2&*."15)37+04(26*6:.?C79=1?C78:.37+04)4:/IOD_bY[^UNOF=A6>B7@D9RVKbf[TXMX\QTXM@D8:>226*04(48,:>204(8<07;/8<07;/7;/7;/6:.48,26*48,26*8<015)48,:>248,;?38<1>B7?C826+37,15*37,15*6:.9=1+/#6:.59-48,(, -1%15)7;/48,/3'26*59-6:.9=18:.:<026*9=16:.04(;?39=159-?C7@D8<@4=A5=A59=18<0@D89=1<@4<@4BF:>B6>B67;/:<0:>28<08<0@D8;?3CG;:A47;/7;/9=16:.9=1:>259-6:.15)59-48,6:.04(37+15)15)6:.7;/:>29=17;/7>13@D9;?4HLADH=>B7BF;OSHHLABF;EI>LPEQUJOSHJNCRVKTWNbe\]`W`cZbe\gjafi`knead[jmdknehkbVYP^aX`cZORIRVKW[PW[PQUJY]R[_TPTIX\QRVKTXMW[P[_TPTITXMW[PX\QSWLQUJNRGUYNTXMFJ?X\QTXM`dYVZOTXMVZOQUJX\QQUJVZOVZO^bWVZO^bW^bW`dYQUJSWLSWLOSHQUJUYNTXMTXMVZOW[PUYNQUJY]RTXMSWLY]RVZO`dYUYNTXMSWLRVK[_T`aWYZP[\R[_TY]RVZOVZO]aVW[PPTI]aVX\QMQFRVKVZOZ^STXMVZOQUJSWLQUJQUJTXMUYNSWLRVKRVKRVKQUJNRGQUJPTIUYNLPEPTINRGJNCUYNPTIOSHW[PPTIPTIOSHKODUYNQUJW[PZ^SSWLKODKODNRGW[PLPETXMVZOSWLVZOZ^S[_T\`USWLLPEY]RVZOUYNX\QUYNVZOX\QUYNY]RKODJNCKODNRGOSHX\QSWLSWLLPEMQFMQFOSHOSHQUJNRGQUJTXMHLAOSHNRGLPEKODKODLPEMQFNRGCGKODLPEHLABF;NRGSWLRVKUYNNRGSWLRVKLPEGK@QUJNRG?C8HLAEI>KODJNCKODFJ?JNCIMBOSHHLAEI>DH=EI>GK@LPELPEFJ?HLAKODJNCLPEFJ?MQFKODIMBFJ?IMBMQFNRGMQFIMBFJ?DH=KODKODNRGFJ?GK@GK@KODCGJNCKODMQFPTIOSHLPEJNCHLAUYNOSHIMBLPEDH=NRGOSHSWLOSHPTIW[PY]RTXMMQFKODLPEDH=NRGOSHKODQUJUYNX\QNRGVZOW[P[_TY]R^bWVZONRGUYNTXMVZOTXMQUJVZO\`UX\QUYN[_TVZOZ^S_cXei^\`U[_Tfi`nqh_cXZ^SW[PNRGUYNUYNTXMVZOY]R[_TY]RVZOVZOW[P^aX[^Ucf]fi`ad[^aXY\S[^UUXO[^UWZQfi`ad[_bYy{~ulofbe\^aXTWNQUJ^bWcg\^bW`dYdh]\`UaeZW[P\_Vdg^ad[ilcfi`ilcpsjkneknempg`cZjmdmpgmpgknedg^eh_]bYch_kpgotky~u{y~unsjuzqmri~W[UGLCUZQNTILQHW\S^cZ_d[_d[dg^ad[SVMW\SPULMRIJOFOTKPULEJACH?DI@KPGW\SSXOHMDHMDMRIRWNSYN2/1%,."+/$-1&-1%-1%/3'04(-2#(-15)-1%.2&15)48,15)15)26*/3''+8<0AE9?C748,7;/<@4;<26:/7;0EK@PVKW[PX\QGH?=A6DH=RVK_cXhlaY]RNRGFJ?>B648,:>2?C759-<@4;?3:>226*04(/3'15)6:.9=16:.26*59-6:.=A537+04(6:.6:.BF:<@459-15)-1%7;/6:.9=1:>2;?3<@448,6:.6:..2&,0$04(15)-1%,0$15)59-15)04(59-59-8<048,:>28<048,=A59=148,9=1;?3=A5>B6=A5:>2:>2GK?AE9;?3AE9AE9GK?CG;@D8>@4>B6AE9?C7AE9<@4BF:@G:?C7<@4<@4:>2=A5>B68<09=1=A5<@48<0:>259-6:.6:.;?3?C7=A5;?3:>2<@4BF;CGGK@LPEKODIMBHLAIMBTXM^aX]`WVYPeh_kneilcad[ad[hkbeh_be\fi`cf]cf]_bYORIOSHX\QTXMKODSWLW[POSHPTIOSHLPEQUJSWLMQFIMBOSHQUJOSHKODKODTXMVZOHLARVKRVKOSHPTITXMW[PUYNW[PTXMW[PQUJ\`UW[PQUJRVKW[PTXMX\QTXMSWLVZOX\QW[PW[PZ^S[_TVZO[_TQUJW[PY]RTXM[_TSWLX\QUYNUYNRVKUYNXYORSIRSI_cX]aV\`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cX^bWX\QVZOUYNSWLVZO^bW[_T[_TX\Q[_TZ^Scg\fi`TWNSWLX\QTXMMQFJNCRVKRVKUYNX\QY]RX\QW[PX\QY]RY\SY\Sad[ad[\_V[^UX[RY\SWZQWZQbe\WZQFI@wzqkne^aXgjailc`dYei^bf[RVKX\Q`dYoshvzonrgilc_bYVYPdg^be\[^Ueh_rultwntwnvypilcjmdilcgja[`W^cZglc{sxokpgqvmw|spultyplqhuysQUORWN[`WUZQQVM]bY]bYdi`inejmdhkbWZQMRIJOFOTKOTKJOFGLCDI@GLCHMDOTKOTKLQHINENSJRWNJOFEK@/5**0%07*,3&,3&-4'&- *1$07*%)%)%)-1%$('+,0$-1%+/#)-!-1%48,48,.2&:>237++/#,0$04(6:.7;/9=1/3'6:.DH<<@4>B6@D8@D88<056-<@5KODdj_`f[OSHMQF=>49=2HLA[_TX\QZ^STXMCG<7;06:.8<0:>2=A5<@4?C79=1=A515)15)15)48,9=1<@4:>26:.15)48,<@459-04(59-6:.@D8=A59=18<0;?3EI=@D8;?37;/6:.59-7;/37+7;/,0$7;/9=16:.7;/9=1:>29=1:>29=16:.7;/;?39=1>B6=A5<@4BF:<@4GK?BF:AE9BF:@D8@D8CG;EI=?C7AE9AE9FJ>>B6AE9AE9EI=GI==A5@D8BF:JNBGK??C77>1?C7<@4=A5;?3<@4:>259-:>27;/7;/6:.>B69=16:.37+7;/:>2;?38<07;/<@49@33:-18+9=1;?3<@46:.8<0>B6:>29=17;0<@5<@5BF;>B7?C8DH=DH=AE:HLANRGGK@CGGK@QUJZ]TZ]T\_Voriuxoorijmdilceh_fi`gjailcjmddg^dg^]`WX\QaeZX\QPTITXMTXMRVKQUJUYNLPEPTIQUJTXMMQFRVKSWLTXMMQFKODOSHTXMKODMQFTXMMQFRVKRVKRVKVZOTXMUYNTXMMQFVZOX\QTXM\`U]aVW[PRVKSWLUYNZ^S[_TY]R[_T]aV\`USWL]aVOSHZ^S\`URVK]aVOSHRVKOSHUYNVZOW[P\]SYZPYZPW[PW[P`dY]aVW[P[_T[_TW[PX\QTXMY]R[_TY]RSWLRVKQUJX\QW[PUYNUYNW[PY]RY]RW[P\`U\`UVZONRGKODRVKOSHRVKVZOSWLVZOMQFKODPTILPEOSHLPELPEUYNX\QTXMGK@IMB]aV\`UY]RLPEY]R[_T]aVVZOGK@PTIRVKQUJVZOOSHOSHQUJRVKTXMOSHOSHPTIVZOLPEKODEI>SWLSWLPTIRVKOSHPTILPEJNCIMBMQFOSHRVKNRGKODOSHNRGEI>GK@OSHVZOTXMLPEKODPTINRGJNCCGCGB7DH=KODJNCIMBHLAGK@JNCNRGRVKMQFKODMQFIMBMQFJNCJNCDH=KODOSHUYNQUJPTIPTIKODOSHPTIMQFY]RW[PRVKQUJRVKJNCLPESWLQUJHLAIMBTXMSWLIMBHLAMQFOSHRVKRVKQUJTXMQUJOSHOSHUYN\`U_cXW[PSWLRVKPTIY]R]aV[_TY]RW[PUYNUYNMQFX\Q[_T^bW\`U]aVaeZmqfgja`cZZ^SPTINRGSWLQUJNRGPTIUYNX\QX\QX\QY]RW[PUYN\_V^aXeh_ad[\_V`cZbe\cf]`cZdg^[^Ube\{uxocf]gja_bY_bYdg^mqfptidh]]aVek`_eZkqfglcfkbfkb_d[Z_V^aXeh_lofz}tyuxowzqz~|z}{quoeic]a[hohine`e\ch_kpgqvmmriotkch_bf`GKEUZQQVMTYPOTKUZQV[R_d[fkbfi``cZVYPIODCI>IODKQFEK@CI>JPERXMOUJQWLHNCIODNTIRXMQWL@F;5;028-39.18+,3&,3&*1$ '")$+&- +/# $)-!/3'04(,0$,0$+/#)-!+/#15)48,59-04(6:.59-59-,0$26*7;/@D837+=A559-37+=A5CG;26*8<0>A8ILCX[Rhla`dYJNCCG;?C7HLATXM_cX]aVUYNHLA>B7<@4=A5BF:;?3<@4AE9DH<;?3?C759-9=1<@4;?3:>2;?3;?3:>26:.7;/>B6=A5:>2<@48<07;/>B6BF:AE9=A5?C7=A59=159-59-37+8<037+48,)-!59-59-37+8<0>B6;?348,8<0=A5:>237+8<07;/9=19=1=?3AC7:<0AE9;?3:>29=148,7;/>B6@D8@D8EI=PTHKOCCG;7;/:>2;?3@B68<0>B6>B6?C7<@437+3:-8<08<0<@4;?37;/26*/3'8<048,7;/9=1@D8:>28<026*48,37+;?3;?3:>2>B68?218+29,?C7;?3<@459-48,AE9AE97;/37+:>2?C7=A559-<@4JNBMQEEI>HLAKODGK@IMBLPEKODQUJMPGX[Rbe\mpgnqhoripsjilcoshoshgk`aeZlpegk`bf[UYNaeZhla\`UVZOTXMOSHSWLUYNTXMPTISWLRVKRVKLPEPTITXMVZOPTIOSHMQFRVKPTIJNCTXM[_T\`USWLMQFVZOTXMY]RRVKZ^SVZOPTISWLZ^S\`UX\QZ^SRVKVZO\`U\`U[_T]aV^bWY]RUYNW[PZ^S]aV[_TVZOVZOX\Q[_TVZO\`U\`UY]R\]SYZPUVLY]RUYN]aVaeZ]aVX\QVZO[_TQUJQUJY]RTXMY]RRVKUYNPTI[_TW[PUYNW[P[_T[_TX\QUYNTXMTXMQUJLPENRGTXMSWLVZOUYNTXMTXMNRGNRGSWLPTIRVKQUJUYNW[PNRGZ^STXMRVKQUJW[PSWLNRGW[PUYNW[PY]RRVKSWLY]RSWLW[PQUJUYNZ^SUYN[_TX\QOSH]aV]aVX\QRVKLPEVZOQUJPTIY]R^bW\`UUYNQUJMQFQUJVZOW[PLPEJNCPTIHLAIMBIMBLPENRGLPEIMBLPERVKRVKNRGHLAGK@MQFPTIOSHMQFHLADH=IMBCGNRGMQFIMBLPEHLACGLPEPTINRGGK@DH=JNCQUJJNCKODMQFHLAJNCEI>GK@GK@NRGTXMTXMQUJNRGLPEMQFPTIJNCGK@X\QTXMSWLRVKLPEJNCOSHOSHMQFJNCJNCKODJNCFJ?GK@SWLOSHMQFPTIRVKTXMJNCW[PTXMY]RZ^S]aVUYNY]R]aVVZOY]RVZOUYNZ^SZ^SUYNUYNVZO[_T[_T^bWbf[aeZ`dYhlabe\fi`QUJLPEMQFIMBTXMX\QRVKVZOY]RY]RZ^S\`UW[PPTIZ^S\`U`dYY]RVZO_cXcg\dh]cg\gk`X\Q\`Uz~sjncY]Rdh]hkbilclofilcgk`dh]^bWaeZaf]Y^Uaf]Y^U`e\fkbrwnrvpwys}~v|wjpkhlfeicptnmqkhlfptn~|mqkZ^XQUO[`WTYPUZQQVMW\S^cZ]bYaf]eh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`UUYNUYNSWL[_TZ^S_cX`dY_cXbf[_cX_cXdh]bf[Z^SX\Q`dY]aVW[PW[P`dY`dYaeZfj_ad[ad[VZOX\QSWLNRG[_TY]RUYNVZOVZOW[P[_T_cX[_TTXMW[PW[P[_TUYNTXM\`U^bW]aVdh]nrgjnc\`USWLgk`nrghlakod^bWkodkodY\Scf]lof`cZbg^ch_kpgglcswq}{z~xkoix|vw{uquoptn_c]NRLTXRVZT\aXUZQPUL[`Wdi`Z_V[`Wad[RULNQHFKBHMDLQHTYPNSJDI@INEMRIQVMOTKNSJX]T]bYOTK@E<8=4@F;CI>:@58?2AH;2:>27;/:>2=A5AE9<@5@D9OSHGK@?C8:>3FJ?RVKNQHVZO`dYQRHGH>BF;:>3LPEY]R`dYSWLUYNFJ>48,8<0;?39=1?C7;?3;?315)26*48,26*6:.9=1:>28<08<0;?3;?38<048,26*59-48,04(37+8<06:.04(/3'/3'7;/6:.04(,0$37+-1%04(,0$48,37+37+26*26*6:.15)04(26*37+59-6:.59-4;.6:.6:.37+46*9;/=?3:<0:>2<@4?C7=A58<09=1:>28<07;/8<08<0>B69=1>B6@D8DHB6?C7@D87;/4;.<@47;/6:.8<0>B6>B659-6:.6:.:>26:.37+/3'7;/8<09=19=1:>26:.59-;?39@35B68<0?C7<@426*8<06:.<@48<0;?3@D8?C7:>2GK@@D9@D9BF;DH=BF;DH=RVKTUKcdZnoenoenoejkarsirsidg^jmdilcilchkbZ]TY\S]`WUYNei^aeZQUJJNCPTIVZORVKPTIX\QSWLRVKKODPTILPEOSHOSHNRGPTINRGNRGUYNOSHUYNUYNW[PY]RW[PUYNUYNZ^STXMRVKW[PQUJW[POSHZ^SSWLQUJZ^SX\QVZOTXMUYN\`U_cX\`U\`UW[PTXM\`U\`UUYNW[P\`Ucg\[_TX\QTXMSWLXYOVWMUVLUYNW[PTXMUYNbf[bf[W[P\`UY]Rcg\bf[\`UVZOW[PUYNVZOUYNX\Q\`U\`UUYNMQFNRGTXMTXMNRGPTIOSHRVKLPEHLAMQFNRGSWLPTINRGSWLTXMOSHNRGQUJNRGKODW[PVZOJNCMQF\`UZ^SOSHW[PRVK[_T^bWX\QTXMUYNX\QUYNZ^SUYNX\QW[PSWL[_TVZOTXMUYNZ^SQUJTXMQUJMQFRVKW[PSWLSWLOSHPTIMQFOSHJNCHLATXMY]RPTINRGPTIQUJRVKOSHLPEKODLPEJNCEI>RVKPTIOSHKODIMBKODKODFJ?BF;GK@IMBEI>GK@BF;RVKLPELPEEI>IMBRVKIMBDH=KODGK@IMBFJ?GK@JNCSWLPTILPEJNCJNCMQFJNCHLAIMBEI>DH=IMBHLAGK@FJ?CGB759.CGB7MQF]bYW[P_cXMQF?C859-;?3=B38=.48,DH<:>26:.48,37+26*7;/6:.9=19=16:.7;/:>2;?39=159-37+59-59-04(48,>B6;?3:>248,-1%59-48,26*/3'8<059-8<0.2&26*48,37+/3'04(7;/9=148,04(59-:>259-.2&29,07*48,15)02&57+9;/<<0AE9AE9?C7>B6>B6<@49=1:>2CG;AE9=A5@D89=1=A5>B6AE957+=A5@D8FJ>=A5:>2:>2:A4<@46:.48,48,;?3>B66:.59-37+8<07;/9=159-;?3;?3<@4=A5<@4:>29=1:>2:A48?26=0<@4?C7@D89=16:.8<06:.;?36:.7;/AE9:>2>B6?C7@D8EI=IMBFJ?HLAJNCIMBFJ?HLAW[PRSIbcYklbjkanoegh^noersikneknecf]fi`dg^]`WWZQUXOW[PaeZdh]Y]RRVKW[PW[PVZOKODLPEHLAIMBPTISWLOSHOSH^bWTXMLPENRGJNCQUJSWLZ^SUYNSWL[_T\`URVKVZOW[PRVKOSHUYNW[P]aVY]R]aVUYNNRGW[PUYNUYNTXMUYNZ^S^bW\`UZ^SY]RPTIX\Q\`UW[P]aVZ^SZ^SW[PW[PTXMX\Q^_U\]S_`VW[P]aV`dYY]RZ^S]aVY]R\`USWLVZO\`UTXMZ^SPTIW[P]aVVZOZ^S[_TW[PSWLRVKUYNW[PTXMQUJTXMNRGSWLPTIRVKY]RPTIX\QSWLOSHSWLQUJNRGPTILPEMQFOSHNRGZ^SRVKX\QNRG]aV\`UW[POSHPTITXMX\Q\`UQUJUYNX\QVZOPTIW[PTXMRVKUYNMQFOSHMQFTXMPTILPEGK@JNCIMBNRGNRGPTIHLANRGSWLSWLMQFRVKY]RNRGHLAPTIMQFPTIPTIOSHNRGOSHNRGLPEIMBHLAHLAIMBHLAFJ?KODNRGHLAJNCEI>HLACGCGINEKPGFKBSXO]bYSXOKPGFKBKPGLQHQVMJOF=B9-2)&+"8=4:@56<15;06<129,,3&)0#'.!&- !('.!*1$$+$+-1%,0$(-,1"/3'04(15)04(/3(.2'04(/3'6:.7;/=A57;/8<06:.6:/?C8>B79=248-AE:GK@X\QX_RNRFNRGKLB@A7JMD_bY]bY_bYY]RIMB=A66:.>B67<-8=.7;/:>237+48,,0$26*:>237+59-;?3>B68<037+6:.9=1:>28<059-6:.8<026*48,9=115)15)48,26*8<059-59--1%.2&6:.8<0.2&.2&6:.48,37+6:.6:.6:.48,8<0=A59=148,7;/3:-18+6:.37+24(79-:<0??36:.6:.8<0@D8HL@CG;<@4?C7DH<:>29=19=1BF:@D8@D88<08:.=A57;/>B69=1:>2>B6=A58<06:.59-26*6:.9=159-7;/6:.7;/6:.9=159-7;/59-9=18<0:>2=A5<@48<06=07>16=0:>29=18<08<0>B6:>237+<@4>B6<@4AE96:.;?39=1<@4HL@EI>EI>JNCLPEMQFJNCIMBSWL\]Shi_hi_de[pqgklbij`bcYY\Scf]^aX]`WUXOY\S]`W]`W[_TX\Q`dY_cXY]RUYNOSHVZOGK@KODOSHLPETXMMQFPTIW[PimbX\QLPERVKKODMQFOSHUYN]aVSWLZ^S^bWQUJ]aV[_TW[PVZOTXMX\QX\QQUJOSHW[P`dYSWLTXMW[PZ^SZ^S\`U^bW\`U]aV^bWY]RY]RZ^S[_T^bW[_TX\Q[_T\`UZ^S_`V^_UXYO\]SZ^SY]R_cX]aVZ^S`dYbf[aeZdh]\`UPTIX\Q\`UZ^SQUJW[PW[PX\QTXMNRGQUJ[_T]aVW[PTXMVZO]aVSWLTXMNRGNRGQUJLPEVZOQUJNRGRVKQUJRVKW[PNRGRVKNRGVZOQUJSWLW[PUYNPTI`dYZ^S\`UW[PUYNTXMTXMY]RRVKW[P\`USWLSWLQUJ^bWRVKPTIPTIPTILPEUYNPTIW[PQUJQUJSWLKODPTIQUJTXMOSHJNCW[PSWLNRGQUJUYNW[PUYNPTIMQFLPENRGOSHOSHOSHQUJOSHNRGOSHMQFJNCPTIRVKKODTXMLPEUYNDH=DH=@D9GK@KODGK@MQFJNCNRGNRGGK@HLADH=HLAGK@KODIMBNRGFJ?HLAJNCGK@JNCCG<@D9JNCMQFIMBJNCLPELPEQUJJNCLPEKODOSHJNCDH=FJ?KODOSHRVKPTIJNCFJ?PTITXMPTIHLATXMTXMPTINRGSWLIMBLPEFJ?NRG[_TOSHTXMUYNIMBQUJPTIOSHKODMQFIMBNRGKODMQFRVKQUJOSHRVKY]RVZORVKY]RQUJGK@OSHTXMTXMW[PRVKMQFVZOW[P\`UZ^S^bW^bWVZOUYN[_T^bWaeZ`dYW[Pfj_bf[\`UTXM`dY_cX^bWZ^S[^U|vfj_MQFNRGPTIX\QZ^S[_TZ^SZ^SY]RX\QW[PX\QZ^SY\SUXO_bYfi`dg^`cZ_bYeh_eh_cf]_bYad[^aXhkbqtk]`WX\Q\`Uei^pti}y}w|zY]WVZTTXRimg^b\TXR\`Z]a[ch_]bYlqhdi`RWN=B9E83:-:A4+2%+2%$+$+#*%,(/"+2%-4'*."(, +/#04)'+04(59-+/#)-!.2&05&-1%26*04(26*9=19=16:.;?3>?5>?5?@69=28<1EK@U[PW]ROTEJNBswkBF;KOD`dYoshdh]Z^RMQE=A5AE9KOC8<07;/<@4<@48<037+:>28<0:>248,59-7;/8<0<@49=1@D8;?3=A5=A59=1?C7>B6;?3>B6<@47;/7;/59-8<08<037+.2&.2&04(15)+2%29,-4'18+07*3:-18+18+15)26*48,8<0<@4;?359-/3'26*48,9=1;?3,0$15)59-59-59-59-7;/9=1GK??C7>B6DH/8=.5:+BG86;,3:-:A407*7>16=04;.3:-6=0>B69=17;/;?3=A5<@4;?3<@4<@46:.;?39=18<0;?36:.7;/8<0:>29=1/3'8<0=A5@D89=18<1?C8CGEI>EI>HLAKODIMBJNCOSHYZPbcYnoecdZgh^pqgmndYZPIMBTXMPTIbf[ei^X\QaeZZ^S^bWdh]`dYZ^SOSHRVKPTIOSHOSHW[POSHJNCUYNVZOOSHRVKW[PMQFHLAQUJAE:KODQUJW[PUYNW[PUYNVZOVZOW[PZ^S`dYW]RU[PY_TRXMQWLNTIW]RZ`UY]RPTITXMZ^S\`U[_TX\Q]aVW[PZ^SY]R_cXgk``dYY]R^bW]aVY]R\`UW[P^bW[_TX\QW[P\`Ucg\`dYdh]]aVTXM[_TUYNZ^S\`U^bWY]RQUJY]RSWLX\Q[_T\`UW[PW[PSWLVZO_cXW[P_cXX\QTXMTXMUYNSWL]a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bf[\`UZ^SW[POSH_cXdh]w{plpeW[PY]R[_TVZO[_T^bWdh]gk`^bWZ^SX\QW[P^bW\`Ubf[^bWdh]hlabf[`dYY]RW[PUYN\`UUYNX\Qimbimbhlabkadmcv~tyvxvcgb`d^[_Y^b\swqosmae_[_YQUOPULV[Raf]W\SBG>?D;AF=HMDAGFLAOUJMRIPULLQHJOFNSJPULHNC8>3)/$,2'8>34:/8?252>B79=28<1=A6EI>QUJW[PQUJGK?@D8EI>@D9\_VaeZjnc]aVIMA>B67;/8<0>B66:.;?3=A56:.59-37+<@4<@4=A57;/7;/9=126*59-9=1?C79=1=A5AE9<@4@D8<@48<08<07;/6:.9=137+48,48,15).2&.2&15)37+15)15)37+15)26*8<026*6:.04(26*48,37+26*48,6:.6:.8<048,48,37+/3'9=1=A57;/8<09=1;?3;?3FJ>AE9?C7AE9<@4:>2:>2?C7?C7CG;AE9<@448,6:.26*48,<@47;/59-59-;B5;B54;.7>1528<06:.37+7;/59-6:.9=159-8<0CG;48,37+CG;9=115)26*=A56:/;?4@D9GK@GK@FJ?AE:NRGDH==A6JNCUYNKODGK@LPEIMBZ[QcdZlmcde[fg]lmcklbWXNQUJUYNHLAW[PVZOW[P^bW]aV_cXei^`dYRVKNRGTXMVZOPTIJNCUYNRVKMQFPTIPTIOSHVZOQUJOSHTXM_cXPTISWLTXMTXMTXMTXMVZOVZOTXMSWLUYNX\QZ^S`dYX\QW[P\`URVKTXMTXMUYN[_TZ^SVZO[_TZ^SSWL[_TZ^SW[PY]Rei^imb\`UVZO^bWVZOZ^S_cXW[PVZOUYNVZO\`UW[PW[PRVK[_T^bWY]R\`UY]RZ^S]aV[_TTXMPTINRGRVKRVKTXMSWLPTISWLPTISWLbf[cg\\`UTXMQUJW[PW[PPTITXMOSHMQFNRGNRGSWLSWLSWLMQFJNCLPEUYNRVKUYNTXMSWLLPERVKOSHTXMRVKQUJW[PZ^SW[POSHNRGTXMW[PQUJPTIVZO[_T^bWW[PUYNX\QUYNOSHRVKQUJMQFTXMPTISWLOSHNRGPTIOSHUYNQUJIMBNRGLPERVKW[PJNCPTITXMKODPTITXMRVKPTILPELPENRGJNCFJ?HLANRGQUJPTIMQFKOCRVJOSHDG>AD;CGMQFCGLPEIMBEI>HLAPTIIMBMQFPTIPTIKODFJ?LPEMQFIMBFJ?PTIkodKODFJ?FJ?JNCLPEMQFMQFKODLPEPTILPEPTIJNCPTISWLIMBJNBNRFHL@MQELPDMQELPDLPDPTHGK?MQELPDEI=EI=TXLIMANRGSWLX\QY]RUYNQUJPTIPTIQUJTXMRVKTXMQUJW[PQUJJNCZ^SSWLUYN]aVY]RUYNX\Q]aVY]RRVKNRGY]Rei^]aVX\Qbf[_cX_cX_cX]aV]aVbf[`dYX\QZ^S`dYZ^SVZOaeZ\`USWLcg\_cXdh]aeZdh]`dYUYNUYNVZOUYNPTIY]RZ]TRULPSJad[|v~|}zzz^b\LPJeic^b\eicnrlkoi^b\W[UOSMV[RMRIJOFKPGBG>INEHMDLQHJPEJPELRGSYNMRINSJNSJQVMOTK]cXGMB06+4:/28--3(17,,3&/6)29,)0#%,%,!(,3&.5(-4')0#'.!,3&37+15),0$.2'.2&26*48,/3',0$-1%.3$26+-1&37,9=26:/:>3@D9>B7<@548-6:/FJ?UYNZ^SSWLGK@2:>2=A5:>204(26*6:.7;/59-;?3=A5?C7@D8=A59=18<06:.6:.;?359-48,37+26*04(04(26*48,59-.2&7;/.2&26*8<015)6:.04(26*48,48,26*15)37+59-:>26:.7;/6:.9=1AE9DH<9=19=18<0;?3;?3@D8?C7>B6:>28<0<@4<@4AE9>B6DH237+9=1:>226*48,;?39=18<0<@415):>2NRF?C77;/:>2@D8?C8=A6DH=HLA>B7EI>HLAKODDH=?C8MQFX\QNRGFJ?JNCLPE\]ScdZfg]de[de[de[gh^STJNRGVZOOSHVZOMQFSWLX\Q_cXdh]bf[]aVMQFNRGOSHUYNOSHVZOVZOPTIMQFQUJRVKNRGKODQUJKODNRGW[PUYNY]RY]RSWLSWLQUJVZOW[PSWLPTISWLQUJZ^Sgk`TXMVZO\`URVKSWLX\Q_cX[_T`dY^bWZ^S^bW^bW[_TY]R\`U]aVZ^SX\QY]R[_T]aVbf[_cXY]RUYNY]R`dYY]RVZOVZOSWLSWL\`Ucg\\`UUYNTXMUYNY]RUYNNRGNRGFJ?RVKNRGPTIQUJTXMZ^SVZOSWL\`U`dYX\QX\QTXMW[PRVKOSHPTIPTIPTINRGIMBPTIMQFRVKNRGPTIRVKVZOSWLW[PVZOTXMOSHVZOW[PQUJQUJX\Q\`UX\QY]R`dY]aVUYNZ^STXMRVK\`UY]RVZO\`UZ^SW[PVZOUYNTXMY]RW[PTXMRVKRVKLPEJNCLPEIMBKODDH=MQFRVKPTIRVKPTIIMBSWLOSHKODOSHRVKTXMSWLOSHQUJQUJMQFJNCKODPTISWLRVKOSHIMAKODOSHCGCGMQFJNCTXMZ^S^bWZ^SQUJKODLPEOSHRVKTXMNRGPTIPTIW[PTXMUYNX\QTXMSWL[_TQUJTXMUYNX\Q`dY_cXPTISWLZ^SVZO]aVaeZ^bWY]R^bWbf[[_TX\Q[_TZ^SWZQ^aXY\SQTK^aXknefi`hkbfj_gk`ei^imbfj_VZOPTIQUJ_cX_cX_bY`cZ]`Wbd^}jnh{{OVOHMDPULT\RPXN]e[_g]^f\RZPJRHBJ@KQFFLAHNCMSHDJ?DJ?DJ?FLAJPELRGNTITZOMRIOTKOTKPULMSHU[P;A6.4);A628-%,.5(18+,3&/6)(/"6=08?2)0#)0#-4',3&+2%+2%,3&15)04(,0$+/$37+:>2@D88<0-1%/3'5:+,0%-1&6:/=A6:>3;?4AE:CG<4:/17,;A6RVK_cX[\RKLB?@6AG2:>26:.7;/59-26*15)59-7;/9=18<08<09=148,6:.37+/3'48,<@47;/9=18<08<09=18<048,37+59-:>27;/59-48,37+26*26*48,8:.02&8:.02&46*68,24(24(37+04(15)59-6:.37+26*59-59-48,;?37;/9=19=1?C7:>28<059-7;/:>2<@4<@4<@49=19=1=A5?C7EI=?C7AE99=137+9=1:>26:.37+48,:>215)=A57;/,0$8<08<0:>26:.7;/;?39=159-6:.:>2;?37;/7;/;?38<0:>29=159-6:.6:.59-9=115)15)=A5>B6>B6;?3AE9=A5DH=NRGHLA?C8?C8FJ?BF;LPEEI>JNCLPENRGOSHHLAHLATXMUYN]aV\`Ubf[aeZ_cXdh]SWLGK@OSHSWLRVKHLAMQFOSHVZO]aVUYNRVKNRGPTINRGSWLVZONRGPTIRVKQUJMQFNRGRVKTXM]aVRVKOSHMQFKODMQFOSHHLATXMOSHVZOW[PRVKOSHTXMPTIVWMabXUVLYZPYZPVWMWXNbcYgk`Z^S[_T^bW]aV_cX^bW\`U[_TZ^Sbf[imbbf[X\Q[_Tcg\_cX_cXY]RUYNTXM_cXW[PVZOPTIRVKX\Q]aVaeZ]aVVZOY]RVZOZ^SY]RUYNUYNQUJZ^SY]RTXMW[P]aVbf[^bWW[PUYNUYNX\QX\QPTIUYNSWLTXMPTISWLTXMTXMNRGW[PPTIUYNOSHSWLW[PUYNOSHTXMTXMUYNRVKZ^S[_TNRGOSHX\QX\QSWLSWL]aVuynaeZY]RW[PVZOVZOUYN\`USWL\`UQUJPTI[_TPTIQUJW[PSVMSVMQTKMPGMPGORILOFILCFJ?NRGKODMQFPTITXMQUJNRGLMCKLBOPFQRHVWMWXNSTJXYOMQFPTIQUJNRGIMBGK@JNCNRGOSHGK@QUJHLAPTIJNCHLAGK@IMBIMBJNCLPELPEJNCJNCKODKODLPEKODHLAJNCMQFMQFKODRVKOSHJNCFJ?FJ?IMBKODKODOSHJNCJNCLPEIMBKODNRGNRGRVKNRGSWLVZOOSHKODJNCIMBNRGNRGIMBIMBOSHPTIKODKODLPE?C8LPEOSHUYNJNCSWLKODMQFLPELPEW[POSHMQFQUJSWLFJ?PTILPELPESWLIMBQUJUYNZ^SSWLMQFLPEQUJTXMSWLOSHQUJPTIJNCRVKTXMTXMSWL_cXVZOX\QW[PY]RVZOX\QUYNVZOZ^SaeZVZOQUJPTIRVKaeZimbZ^S^bW^bW_cX\`UW[P^bWoshz}teh_WZQY\S^aXeh__bY^aXfj_fj_ei^jncjnc`dYZ^S[_TVZO^aX_bYprl~}`d^[b[>E>LQHSXOLTJEMCJRHJRHOWMJRHFND@H>IODKQFNTIFLABH=DJ?JPEAG39=1:>2CG;?C704(-1%-2#.2'59.<@5AE:DH==A67;0;?428-9?4IOD\`U]aVOPF@A7;<2IODQVMv{roriX[RZ[RHI?34*7;/7;/:>226*;?37;//3'6:.04(/3'15)37+7;/7;/9=19=17;/59-7;/48,-1%59-<@49=16:.48,6:.:>2;?38<059-37+8<06:.48,37+48,48,48,59-8:.24(57+46*79-24(46*,."59--1%,0$37+48,15)48,<@46:.7;/<@47;/6:.37+=A5@D8;?359-6:.<@4=A5=A5>B6@D8>B6>B6>B6DH<>B6=A57;/48,/3'59-7;/6:.7;/<@426*<@49=1.2&:>2:>2:>26:.6:.:>237+6:.6:.37+48,:>2;?38<0<@437+15)9=18<0,0$.2&:>2:>2:>29=148,=A59=1:>2>B6FJ?BF;JNCNRGBF;IMBKODKODEI>MQFJNCHLAMQFKODIMBQUJOSHW[PW[PaeZ_cX]aVcg\W[PNRGLPEPTIHLALPENRGPTIPTIUYNRVKMQFRVKOSHOSHNRGSWLKODKODOSHOSHJNCKODQUJSWLMQFMQFQUJQUJKODLPERVKTXMW[PPTIVZOSWLQUJMQFUYNQUJSTJSTJYZP]^TWXN[\RUVL^_U`dYei^X\QQUJaeZ\`UNRG]aVTXMei^mqfaeZX\Q^bWcg\]aV]aV`dY[_TX\QW[PaeZZ^SZ^STXMVZOY]RVZOVZOX\QW[P[_TW[PX\Q\`U[_TW[P]aVY]R]aVX\QY]R[_T\`U]aV\`UVZOTXMSWLQUJOSHX\QVZORVKIMBNRGPTIUYNTXM_cXVZOW[PMQFOSHTXMPTILPETXMTXMSWLNRGSWLSWLQUJW[PSWLRVKVZOPTIIMBKODNRGMQF[_T`dYPTIMQFW[POSHX\QSWLTXM_cXOSHNRGOSHQTKQTKORIPSJSVMVYPTWNORILPEJNCKODX\QOSHQUJSWLLPEOPFQRHVWMXYO[\R[\RTUKVWMPTISWLSWLOSHIMBEI>GK@JNCOSHIMBUYNKODOSHGK@GK@KODJNCKODLPEMQFMQFKODKODLPEJNCLPELPEIMBFJ?HLALPEKODLPEKODJNCIMBGK@FJ?GK@JNCMQFKODLPELPEKODJNCJNCIMBIMBIMBKODJNCFJ?HLANRGJNCJNCOSHKODHLAMQFOSHJNCGK@FJ?SWLOSHKODPTIW[PKODIMBMQFKODKODX\QQUJNRGOSHNRGQUJKODKODJNCHLAGK@W[PTXMUYNRVKNRGLPELPEMQFMQFMQFPTIRVKQUJZ^SW[PQUJLPEVZOVZOX\QX\QZ^Sdh]W[POSHTXMW[PTXMTXMW[PX\QUYN]aVimbY]RY]RUYNVZOZ^SZ^S^bWimbuxo}wad[]`WY\Sbe\_cXaeZbf[_cX^bW`dYcg\lpe`cZhkbnqhzvlpjdjeCJCELEHMDPULKPGGLCDI@DI@GLCFKBJOFLQHSXOLQHKPGGLCKPGJOFQVMGLCJOFOTKPULRWNMSHPVKFLA;A65;0.4)(.#-3(29,3:-4;.+2%+2%*1$07*)0#.5()0##*(/"$+ '%,+2%'.!+/#48,8<0@D9:>259-?C7<@4.2&-1%',15*:>3?C8FJ?KOD?C837,59.;?4HLAUYNZ^SRVKAE::>3@D9QWLTZO^aXad[^aXMND:;124(:>2:>2;?36:.<@437++/#.2&6:.37+37+/3'26*26*9=1;?39=159-48,59--1%15)59-8<08<037+48,8<0:>2:>29=148,15)15)15)04(26*59-59-48,59-15)26*7;/6:.15)48,)-!15)/3'15)59-37+-1%04(9=148,7;/;?39=18<06:.;?3=A5;?38<06:.>B6>B6=A5=A5DHB6>B6@D8?C7=A5>B6>B615)-1%59-:>226*:>2>B6:>29=126*7;/8<08<059-6:.;?337+6:.8<06:.48,6:.:>2=A58<06:.48,8<059-37+9=17;/9=1?C76:.9=1@D8BF:8<0>B67;0EI>GK@DH=FJ?NRGFJ?LPEFJ?FJ?JNCKODJNCMQFMQFGK@MQFTXMVZO_cXY]RX\QZ^SQUJMQFJNCQUJHLAQUJNRGRVKPTINRGRVKOSHRVKMQFSWLNRGMQFRVKLPEKODMQFMQFMQFMQFLPEOSHPTISWLVZOPTIOSHPTIRVKX\QPTIUYNOSHPTIKODSWLPTIW[PMQFVZOVZOTXMY]RPTIUYNX\Qfj_bf[UYN\`U]aVVZOaeZ^bW_cX^bWZ^STXMQUJY]Rcg\dh]dh]aeZ\`U\`Ubf[[_TZ^SY]RX\QX\QVZOSWLVZOX\QSWLW[PUYNX\QX\QSWL\`URVKX\QW[PVZOVZOUYNZ^S\`UUYNTXMUYNhlauynmqf]aV\`UUYNRVKNRGSWLRVKX\QRVKTXMNRGOSHPTIOSHOSHZ^SW[PUYNNRGNRGUYNQUJY]RTXMSWL]aVW[POSHY]RaeZSWLUYNZ^SOSHNRGSWLX\QQUJY]RZ^SZ^SSWL[_TSWLOSHPTINRGQUJTXMSWLSWLNRGPTIIMBRVKgk`SWLLPENRGPTIOSHNRGRVKQUJQUJSWLPTIQUJOSHRVKTXMSWLOSHMQFOSHRVKUYNQUJRVKGK?LPDKODNRGLPERVKKODHLANRGPTIKODIMBKODIMBHLAHLAGK@FJ?JNCMQFIMB]aVOSHFJ?IMBLPEIMBHLALPEGK@HLALPEKODMQFIMBJNCIMBOSHJNCFJ?LPEPTIPTIQUJLPELPEPTIOSHKODMQFOSHLPEGK@PTIMQFUYNPTINRGUYNTXMGK@X\QQUJHLAPTIOSHNRGLPEJNCPTINRGNRGIMBOSHOSHRVKQUJOSHUYNY]RVZONRGHLAHLALPELPERVKRVKUYNPTIRVKOSHSWLW[PZ^SX\QRVK]aVSWLNRGQUJW[PVZOX\QX\QW[PX\Q\`UaeZ\`UUYNW[PY]RW[PY]RZ^SUYN]`Wlof}wpsjlof`cZ_cX]aV\`UX\Q\`Ubf[cg\hlahkby|s~dhb_c]pvqLSLCJCIPI?C=JNHBG>INEGLCPULMRIEJAFKBGLCDI@DI@INESXOMRIDI@KPGLQHKPGNSJMRIPULIODIOD=C817,*0%4:/.4)/6)9@34;.,3&,3&/6)&- $+$+*1$'.!&- &- '.!#*'.!+2%'.!-1%48,26*59.59-37+;?337++/#26*).)-!15)<@4CG;AE9:>28<0?C7FJ?PTISWLLPEBF;;?4AE:NRG]aVbf[Y]R^aXX\Q?C848,6:.:>26:.6:.37+37+26*<@48<048,59-9=148,48,04(48,48,;?39=115)15),0$15)26*6:.59-15)15)26*26*59-6:.15).2&15)26*04(15)59-59-26*48,-1%15)8<059-8<048,-1%04(37+7;/6:.48,26*26*37+,0$7;/9=17;/59-8<059-37+8<0;?38<0=A5<@4;?38<0@D8CG;<@4?C7;?3BF:@D8HL@EI=:>2<@459-04(8<06:.8<08<029,516=04;.6=0:A4;?37;/8<0<@4:>259-8<0>B659-9=1:>28<037+<@4FJ>6:.26*:>26:.<@4?C7CG;;?3=A5:>3AE:FJ?AE:9=2IMBJNCEI>IMBHLAIMBKODKODMQFKODFJ?OSHTXMZ^S`dYVZOVZOSWLNRGCGFJ?GK@HLAMQFNRGGK@_cXQUJEI>EI>KODNRGOSHNRGJNCMQFRVKOSHSWLNRGPTIQUJNRGOSHHLAIMBHLACGBF:MQEQUIQUIGK?Z^R[_SLPDPTHPTINRGNRGQUJUYNVZORVKNRGLPENRGMQFOSHKODTXMW[PY]R\`U]aV\`UVZOUYNUYNVZOTXMQUJ[_TZ^SZ^SY]R]aVgk``dY]aVZ^S\`U^bW^bW^bW^bWZ^Sfj_jncVZOW[Pnrg~lpebf[aeZZ^SY]R\`Ufj_mqfgk`jncpsjuysKPGx}t||T[TV]VNUNELEEICFJDGLCKPGAF=OTKOTKHMDEJAAF=INEGLC>C:DI@@E3/5*,2'/5*-3(18+07**1$+2%-4'*1$$+")'.!%,"))0#,3&'.!$+)0#,3&*1$26*59-,0$,0%04(26*8<004(.2&7;/'+15)7;/FJ>GK?59-/3'<@4HL@OPFUVLNOE=A67;0;?4GMBX^S^bWcg\^bWZ^SCG<9=126*05&7;/26*9=1:>204(15)AE904(7;/6:.8<0/3'/3',0$6:.:>29=1=A526*-1%,0$9=18<07;/8<059-6:.59-26*7;/9=137+15)6:.6:.15)15)48,37+.2&18+%,/6)52:>248,;?3<@48<0>B67;/BF:BF:KOCDH<8<104)15*59.7;08<1DH=37,29,;B54;.16=09@3=A5=A5;?38<0:>2<@4:>26:.8<015)37+<@46:.8<0DH<9=1BF:9=1=A5@D8CG;:>2?C7CG;AE:CGPTILPEEI>NRGNRGTXM]aVcg\Y]R\`UW[PUYNJNCLPEKODRVKW[PX\QZ^SX\QOSHIMBKODLPEUYNPTIOSHJNCNRGKODHLAKODNRGLPELPEPTIOSHNRGHLATXMMQFNRGEI>HLAOSHMQFQUJKODTXMKODPTIPTIHNCOUJQWLPVK\bWPVKNTIX^SSWLTXM]aV^bWY]RY]RY]RZ^S]aVVZOOSHUYN]aVVZOTXMaeZ_cXX\QVZOOSHX\QX\QUYNSWLZ^SW[PX\Qbf[W[PRVKaeZX\QY]RW[PPTIPTIW[PTXM^bWY]R\`UW[PY]RW[PY]RUYNOSH[_TZ^SMQFUYNQUJRVKSWLRVKLPEOSHQUJQUJQUJUYNX\QTXMLPENRGOSHPTIUYNMQFRVKW[P^bWRVKPTI[_TRVKNRG^bWY]RPTIX\QRVKVZOPTIMQFVZOTXMRVKUYNNRG\`URVKVZOOSHNRGIMBJNCPTIPTIVZOTXMLPEQUJQUJNRGOSHLPENRGBF;MQFJNCSWLPVKKQFQWLOUJIODMSHMSHHNCLPEJNCJNCLPEPTIPTIMQFIMB_bYX\QKOCNRFKOCDHIMBMQFJNC@D9JNCLPEDH=DH=MQFRVKOSHKODNRGRVKMQFQUJKODOSHPTIMQFTXMNRGNRGOSHJNCLPEMQFLPEEI>HLANRGJNCGK@KODNRGNRGJNCMQFJNCKODSWLNRGKODEI=LPDHL@NRFMQEKOCGK?JNBUYMJNBQUIFJ>QUI\`TRVJLPDPTIQUJQUJOSHLPELPEPTITXMTXMNRGNRGVZOQUJUYNVZOX\Q\`UQUJX\QhlaW[PRVKSWLVZOVZO]aVVZOfj_hla]aVfj_Y]R]aVaeZVZOSWLaeZ]aVTXM\`Uqujswldh]Z^SNRG\`UX\Q`dY^bWVZOY]R_cXkodswlswl~wz~sz~smqfjkajnc^aXkne|v|{yTYPejaRYRY`YRYRMTMHPFGOECKANSJMRIEJAMRILQHNSJJOFGLCHPFGOEKPGLQHLQHKPGZ_VQVMTYPTYPLQHGLCNSJDJ?-5*.6++2%&- .5(.5(*1$(/"$+)0#18+%,#*(/"(/".5(8?2=D748,-1%+/#-1%/3'15)37+37+-1%(, 04(6:./3'+/#04(26*-/)FI@MQF7;/59-<@4?C7UYNV]PW]R?E:39.;A6FKBRWNUZQ]aVcg\UYNHLA9=29=26:/59.7;/:>204(37+?C78<026*59-9=19=1,0$15),0$(, 15)<@46:.8<004(7;/37+26*59-59-?C78<0:>248,/6)*1$3:-3:-9=104(+/#26*<@4;?37;/6:.59-<@404(59-?C79=1:>28<0<@4:>2:>226*48,37+8<06:.=?3<@4;?34;.18+7;/<@4CE9:>2@D8>B6=A5BF:<@4;?3HL@HL@EI=9=1=A5AE9?C7AE99=16:.6:.37+.2&7;/9=1;?37;/8<037+9=1<@4;?3:>259-48,3:-3:-5EI>GK@MQFTXMIMBDH=JNCKODOSHNQH]`Wad[]`WY\SZ]T]`WVYPNRGJNCQUJUYNRVKSWLQUJOSHLPEFJ?MQFNRGHLAKODOSHOSHLOFPSJMPGILCPSJRULORIORIMQFPTIMQFHLAIMBMQFQUJUYNGK@OSHVZOSWLJNCRVKQUJRVKW[PX\QRVKTXMNRGQUJVZOei^]aVTXM`dY^bWVZOVZOTXM[_Tcg\]aVW[P_cX]aV^bW]aVei^ad[_bYX[RWZQUXO\_VZ]Tad[VZOTXM\`UY]R]aVX\QX\QZ^SRVKUYNZ^STXMUYNPTITXMTXMUYN\`U[_TZ^SSWLX\QTXMRVKSVMTWNSVMY\SWZQUXO[^URULPTITXMRVKVZOX\QVZOHLAPTINRGUYNX\Q[_TTXMLPESWLX\Q\`USWLQUJPTIRVKNRGW[PSWL]aVW[PTXMOSHTXMQUJTXMRVKKODNRGOSHW[PTXMMQFUYNUYNQUJSWLNRGIMBNRGUYNEI>HLAYZPUVLVWMRSIOPFPQGLMCHI?OSHLPEUYNPTISWLLPEHLANRGHLAIMBGK@LPEKODQUJJNCGK@OSHY]RX\QHLAFJ?KODIMBJNCOSHLPEHLAKODCGGK@LPEJNCMQFOSHJNCMQFJNCSWLIMBPTIKODPTIRVKLPEPTIVZOOSHMQFFJ?JNCKODLPEQUJIMBNRGMQFOSHKODJNCHLATXMJNCEI>GK@NRGW[PIMBHLAIMBOSHKODLPEPTIJNCOSHHNCOSHMQFJNCKODLPEOSHZ[QRVKRVKSWLMQFTXMIMBTXMNRGLPEVZOW[PY]RMQFMQFPTIVZOZ^STXMX\Qvzogk`TXM[_T`dYX\QTXMZ^S^bW\`U[_T\`UaeZ^aXdg^]`WWZQ[^Uad[`cZX[RY]Rlpetxmimbei^fj_^bW\`U\_V`cZbe\X[Rbe\qsmxzt{|sjkbZ[Ref]qrijmd\_Vmpgfi`]`Wfi`}xyp}[`W[`Wlsl@G@NUNJQJNSJRWNINELQHKPGLQHGLCDI@EMCEMCINELQHNSJPULW\SRWN\aXW\STYPHMDV\QCI>.6+*2'29,*1$&- *1$-4'.5(/6),3&-4''.!(/",3&,3&/6)8?2=D7/3'-1%04(15),0$)-!+/#.2&'++/#04(/3'26*04(26*59-AD;FJ?8<137+7;/=A5MQFVZOTXMIMB6:/6:/IMBW[PZ]TX[R`dY[_TNRGEI>8<1:>38<19=27;/8<015)48,;?36:.37+59-6:.<@448,37+.2&/3'.2&/3'7;/;?348,9=115)48,48,8<08<07;/59-/3'29,;B5=D74;.15)15)37+6:.48,04(26*6:.9=1=A537+8<0CG;8<0:>27;/7;/9=18<06:.26*37+26*15)8:.6:.04(07*3:-59-:>2;=1;?3BF:BF:AE9DH<@D8:>2;?3DH<=A5<@4=A5:>259-48,;?359-59-59-/3'6:.7;/9=159-37+7;/26*59-6:.7;/@D88<09@318<037+6:.15)/3'37+59-:>2<@48<0=A57;/;?3>B6>B6:>27;/:>2<@4>B6@D8@D9@D9@D9CGUYNLPEQUJMQFMQFRVKHLAUYN[_T^bWTXMMQFMQFJNCMQFNRGJNCIMBKODGK@KODNRGMQFKODJNCHLADH=FJ?IMBHLALPEOSHJNCFJ?IMBNRGOSHOSHRVKJNCQUJOSHOSHRVKGK@SWLKODNRGNRGQUJMQFPTIJNCJNCGK@MQFTXMMQFMQFHLALPEMQFNRGHLAOSHOSHRVKMQFFJ?JNCHLAOSHSWLQUJPTIPTIMQFOSHQUJMSHPTILPEIMBLPEMQFNRGVWMNRGIMBIMBJNCTXMHLAMQFFJ?X\QRVKPTIUYNSWLRVKRVKY]RRVKZ^SUYN_cX`dYZ^S\`UY]RZ^STXM[_TY]RMQFW[PaeZY]RUXO[^U_bY_bYbe\cf]]`WY\Sbf[Y]RoshjncY]R^bW^bWcg\gjacf]cf]_bY`cZrtn~z}whkbad[cf]cf]ad[ad[hkbhkbmpg^aX^aXbe\jmdgjalmdde\`e\PULKRKFMFJQJBIB=D=HPFMUKIQGLQHV[RMRIKPGKPGKPGGLCFKBGOEIQGOTKV[RZ_V^cZZ_V\aXch_af]]bYJOFKQF6<1(0%*2'07*-4'#*'.!*1$*1$18+*1$(/"&- (/"*1$'.!(/",3&-4'*."(, -1%26*15).2&,0$*."+/#26*48,04(:>259-6:.<@4HLA>B7.2&48,@D8KODUYNNQHIMB<@5;?4GK@UYN[_TY]R]`W^bWLPEEI>>B76:/:>37;0:>3;?3:>26:.8<08<037+48,48,26*6:.26*/3'.2&6:.26*37+9=1<@4:>2=A537+9=148,:>259-8<06:.7;/59-4;.29,4;.48,37+6:.9=17;/59-6:.59-8<09=137+7;/@D848,59-26*15)59-48,8<026*7;/7;/;?39;/6:.15)7>1;B5;?3>B6>@4AE9BF:>B69=1;?3?C7<@46:.;?3<@4CG;9=148,9=17;/=A548,7;/<@46:.6:.37+8<09=16:.<@4>B6?C79=159-:>27;/:>2@D88<06:.7;/7>1/6)29,48,59-8<0:>28<0;?36:.7;/<@4=A59=18<0=A5AE9=A59=1?C8AE:BF;EI>DH=EI>LPELPEW[PIMBEI>IMBNRGLPEFJ?HLAHLAPTI`dY`dYcg\\`U_cXOSHOSHNRGPTILPELPELPEKODQUJOSHIMBPTISWLNRGNRGOSHQUJHLARVKQUJUYNQUJW[PUYNZ^SQUJPTIMQFLPEOSHNRGNRGQUJSWLMQFKODPTIRVKX\QOSHNRGSWLUYNRVKSWLW[P[_TW[PUYNdh]X\QRVKQUJTXM\`UUYN]aVW[P]aVcg\[_T_cXbf[fj_aeZ[^UTWNY\SVYPcf]y|seh_ad[bf[\`U]aVY]R\`UZ^SW[PVZORVKTXMSWLVZOW[P[_TZ^SY]RUYNUYNY]RSWLX\QUYNVZOPTITXMX\QZ^STXMRVKTXMQUJRVKNRGPTITXMOSHRVKMQFLPEUYNQUJRVKTXMVZOQUJQUJW[PRVKSWLZ^SVZOTXMcg\SWLRVK[_TX\QY]RTXMW[PTXMZ^SVZOTXMW[PUYNX\QUYNQUJRVKSWLTXMMQFNRGMQFMQFKODMQFGK@QUJQUJKODMQFJNCJNCPTIQUJRVKIMBIMBIMBIMBLPEQUJKODLPEOSHPTIEI>RVKSWLLPEMQFGK@GK@IMBSWLRVKLPEKODLPEQUJSWLOSHPTINRGLPEKODMQFKODFJ?IMBLPEIMBGK@GK@EI>LPECG2>B6DH<>B659-7;/:>2MQF^bWRULDG>>B79=2KODZ^S^bW\`UW[P^bWRVJ<@4=A59=16:.>B69=1:>2;?39=17;/:>26:.26*59-15)6:.37+15)/3',0$26*,0$48,26*37+8<06:.15)59--1%04(04(8<09=1<@437+-1%(, 37+48,04(26*6:.7;/9=18<026*7;/;?348,9=1;?37;/48,15)59-9=19=1;?359-6:.59-9=159-26*6:.;?3=A5;?3;?3@D8;?3:>2<@4<@4<@4@D8=A504(<@4>B6BF::>28<0=A5=A5>B6:>29=1=A59=19=16:.;?3:>2>B648,@D8@D8<@4:>237+>B68:.;?36:.8<08?219@3:>259-37+48,7;/:>29=1:>28<0:>28<07;/:>2;?3;?3<@4<@5@D9AE:DH=EI>HLAOSHKODNRGNRGNRGLPELPENRGLPEIMBGK@LPEUYNei^aeZ]aVX\QOSHLPEMQFNRGKODOSHQUJPTIX\QRVKOSHQUJMQFOSHY]RVZONRGNRGTXMNRGQUJFJ?OSHNRGVZORVKPTIMQFMQFNRGLPEMQFRVKVZOSWLOSHPTIPTIX\QSWLVZOQUJZ^SY]R^bWW[PX\QQUJUYNZ^SKOD^bW\`U]aVZ^Scg\]aVZ^S]aV\`UaeZ\`U]aVX\QZ^S\`U\`U_cXW[P`dYosh`dYX\Q_cX\`U^bWY]RVZOTXMPTIRVKPTIVZOVZOZ^SUYNY]RX\Q[_TTXMTXMW[PUYNX\QTXMQUJKODRVKVZOY]RQUJSWLW[PNRGPTIQUJMQFPTILPEVZOTXMSWLVZOLPERVKW[PX\QOSHPTI[_TZ^SQUJTXMRVKUYNTXMQUJTXMVZOQUJRVKOSHSWLUYNZ^SUYNOSHNRGRVK\`UTXMPTIW[PQUJLPELPEW[PQUJOSHPTIRVKOSH]aVUYNOSHOSHLPEKODPTIQUJRVKMQFPTIKODJNCIMBOSHHLAHLAMQFIMBQUJRVKKODEI>CGFJ?JNCNRGIMBHLAQUJPTIGK@JNCPTIPTILPEIMBRVKNRGMQFMQFLPELPEKODMQFOSHLPEKODGK@KODKODLPENRGJNCNRGNRGQUJPTIPTIQUJMQFMQFJNCLPEHLAMQFOSHJNCMQFPTIJPEKODJNCLPERVKSWLPTIPQGUYNRVKTXMQUJQUJIMBQUJW[PUYNPTI\`UTXMY]R[_TUYNW[PZ^SZ^STXMY]Rhla]aVZ^SX\QUYNZ^SSWLUYN]aVY]R_cXqujswl`dY\`UVZOZ^Sbf[X\QVZOY]R]aVW[P_cXei^imb{t|uilcgjauxooriy|v`cZZ]T_bY\_V[^U[^U`cZaeZ^bWei^dh]`dYjnc_cXtxmtwnfi`psjorisvmrvpMTMLSLV]VRYRNUNAHAHPFLTJFNDOWM[cYU]SNVLT\RRZPS[QX`VOWMS[QV[RX]TY^UZ_VLQHV[RJOFKQFB6GK?BF:8<07;/<@4BF;W[P_cXIMB>B7=A6DH=VZO[_T^bWdh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dh][_TVZONRGOSHUYNaeZZ^Sei^X\QY]R`dYcg\`dY]aVei^^bWZ^SRVKTXMY]R[_T\`UaeZbf[Y]RX\Q\`U[_TY]RX\QSWLPTITXMTXMX\QX\QW[PRVKX\QX\Q]aVUYNQUJY]RPTIQUJbf[`dYTXMLPETXMLPEQUJUYNNRGPTIUYNPTIVZONRGHLALPEJNCUYNUYNSWLRVKSWLTXMSWLTXMPTIRVKX\QTXMJNCTXMPTIX\QOSHVZOSWLQUJRVKTXMW[PSWLUYNSWLUYNRVKPTIPTIW[PQUJNRGTXMQUJOSHKODRVKUYNW[PLPERVKTXMPTINRGJNCOSHOSHOSHSWLRVKSWLNRGSWLKODJNCHLAPTIOSHPTIPTIMQFPTIGK@JNCRVKLPEJNCJNCGK@LPEJNCEI>JNCKODJNCGK@HLAMQFIMBLPEHLAOSHTXMHLAEI>GK@KODPTINRGEI>FJ?BF;CGD9/5*.4),2'$- $- (/"")*1$(/"(/".5(+2%.5()0#&- '!(&- '.!&- '.!+/#)-!+/#.2&,0$-1%04(37+59-8<0<@47;/37+AE9FJ>8<059-=A5=A6OSH[_TLPE?C87;0GJAY]RaeZVZOY]Rdh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bWTXMSWLNRGOSHSWLX\Q[_TSWLQUJUYNcg\Y]RX\Q`dY_cXei^dh]]aVaeZ_cXaeZ]aVaeZZ^SY]RSWLQTKSVMRUL[^Ucf]X[R[^UWZQ[_TX\QW[PW[PW[P]aVX\QY]RVZORVKMQFPTIVZO[_TTXMMQFY]RSWLRVKbf[[_TRVKJNCRVKMQFRVKUYNNRGKODMQFQUJZ^SRVKOSHUYNSWLVZOW[PVZOW[PW[PX\QRVKRVKSWLSWLUYNSWLNRG\`UOSHSWLOSHVZOLPEOSHZ^SUYNVZOPTIUYNQUJSWLOSHW[PPTISWLVZOTXMRVKQUJUYN[_Tdh]]aVY]RRVKUYNSWLLPEIMBGK@NRGQUJPTIPTILPEKODFJ?OSHLPEMQFNRGPTIQUJPTIKODQUJRVKMQFJNCFJ?PTIRVKLPEJNCKODEI>CGFJ?QUJTXMJNCPTIKODQUJUYNNRGTXMIMBNRGKODJNCQUJTXMTXMMQFJNCHLADH=IMBPTIOSHGK@OSHNRGPTIOSHLPEKODIMBIMBLPEOSHMQFHLAMQFLPEPTISWLJNCPTIPVKNRGNRGNRGLPELPENRGNOELPEJNCNRGJNCKODLPEJNCJNCNRGKODVZOW[PVZORVKQUJ\`U`dYSWLX\Q\`UVZORVKVZONRGVZOX\QSWLUYNSWLRVK]aV]aVad[_bYfi`]`WORIRULWZQ^aX]aVW[Pdh]aeZX\Q^bW_cX`dYcf]_bYbe\rul\_Vei^gk`X\QPTITXMei^rvk`dY[^Uad[ad[`cZ\_VSVMSVMWZQ\`U^aX^aXeh_fi`\c\JRHJQJKRKCJCBIBFMFGOECKAKSINSJMRILQHMRIRWNHMDKPGNSJKSILTJINEGLCPULPULQVMQVMJPE@F;8>317,/5*(/"& )'.!%,)0#(/"")!(&- ,3&.5(-4'(/"&- '.!%,&- /6)15)*."(, -1%04(26*48,37+59-;?39=1:>259-AE9;?348,7;/CG2<>28:.9;/:<06:.8<048,59-<@459--1%37+7;/59-:>2<@4=A5<@4:>29=1;?38<07;/7;/59-26*8<0@D84;.37+15)8:.;=18<07;/52;?3<@48<07;/;?3@D88<0=A5>B6<@47;/6:.:>2=A5:>26:.>B6>B68<037+=A5?C79=1CG;6:.?C7AE9CG;\`TVZN8?27>13:-7;/26*59-48,59-26*37+48,7;/;?326*7;/37+6:.8<09=1:>2:>27;/8<0@D8AE:@D9>B7DH=HLAJNCKODCGFJ?IMBJNCGK@JNCLPEKODHLANRGHLAGK@LPENRGMQFJNCIMBTXMNRGNRGOSHMQFIMBIMBLPENRGSWLKODHLAW[P`dYIMBPTIPTIKODIMBGK@QUJSWLVZOOSHNRGKODIMBOSHQUJLPEDH=KODCGB6MRCgh_ija^_VbcYjka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imbei^UYNTXMUYNX\Qcg\Z^SY]Rcg\RVKY\S`cZtwn~uxoad[]`WY\SX\QSWLW[PX\Q[_Tei^dh][_Teh_psj|~xuxolofjmdlpefj_fj_\`UVZOUYNVZOei^ad[^aX\_VZ]T^aXx{rrul^aX_eZ`f[^bWX[R[^Ulofz{rIPK]e^KSLDLEBJCDLBEMCGOEIQGGOEEMC>FD9:?6EJAV[ROUJAH;7>17=2MRI\aX_bYZ]T^aXdh]Y]RFJ?=A6>B706+8>3>D96<117,4:/17,/5*6:.37+15)37+48,26*04(/3'/6)+2%26*04(<@46:./1%57+8;,46*24(37+6:.4;.29,28-37+6:.15)37+26*/3'48,04(07*5E8E852;?3>@4:<0=A57;/59-37+37+8<029,37+:>26:.8<07;/26*6:.8<08?23QWLAG<7;/8<1FJ?nqhjmdOSH?C715LPEMQF@D9CGKODOSHJNCBF;LPETXMCGIMBKODIMBPTIBF;QUJKODRVKDH=LPELPENRGMQFQUJOSHMSHOSHQUJLPEJNCNRGMQFPQGIODMSHPVKEK@GMBFLAJPEFLAQUJSWLMQFOSHQUJ[_TQUJFJ?GK@NRGPTIKODMQFTXMSWLKODRVKPTITXMVZOHLAHLAW[PW[PVZOPTIGK@NRGPTISWLMQFPTIQUJLPEGK@OSHRVKOSHX[RX[RMSHKQFQWLRXMHNCPVKMSHRXMRULWZQTWNVYPUXOY\Sbe\VYPRVK\`Ucg\kodhla[_TY]R[_Tklcgh_jkb_`WYZQ]^UZ[RabYmpgz}t|vtwnmpgw{pkod`cZbe\Z^Sbf[]aVLRGW]R^dYaf]Y^U[`WX]TX]Thmdjof^cZ_d[af]\aX]bY_d[fkbfkb{wmtoPWR_g`T\UAIBBJCGOE=E;CKANVLEMCAI?>FB7?C7>B69=19=1?C8BE2GK@W[P^aX_bY_bYaeZ\`UKOD=A6;?4>B7?C7=A5@D8>B6;?3:>259-7;/6:.7;/6:.59-59-6:.59-15)4;..5(7;/7;/8<048,13'35)49*59-59-48,37+48,48,48-37+:>2;?38<015).2&6:.<@407*3:-59-7;/:>2:>28:.79-48,37+.2&;?36:.;?3?C77;/18+18+-4'29,3:-29,9@3;B5=D7>B6=A5?C7?C79=18<0@B6BD8=A59=1;?3:>259-6:.4;.26*6:.26*8<0<@47;/9=19=1=A5;?3;?3<@4@D8>B7NRGCG<48-8<1^bWvypPTI8<17;/:?0;?3AE9=A58<048,:A45PTIMQFMQFMQFNRGJNCQUJRVKKODKODSWLW[PVZOVZOUYNQUJNRGUYNTXMW[P\`UaeZSWLTXMOSHUYN[_TRVKQUJ\`URVKW[P\`U[_TW[P]aV_cXUYNVZOZ^S^bWX\QX\Q_cXQUJTXMQUJ\`UZ^S`dY^bWW[PVZOPTIUYNY]R`dYPTIW[PX\QY]RW[PY]RUYNVZOW[P]aVVZOX\QVZOZ^SQUJPTITXMQUJTXMW[PTXMY]RX\QVZOPTIW[PVZOSWLLPEJNCPTIQUJRVKUYNY]RTXMMQFSWLUYNJNCJNCTXMZ^SZ^SPTIJNCNRGLPEMQFQUJSWLMQFMQFJNC]aV^bWPTIVZOUYNQUJQUJQUJPTISWLlpeaeZTXMPTIPTIOSHNRGQUJY]RTXMRVKRVKUYNW[PVZO^bWWZQNQHTWNRULVYPKNEY\SWZQSWLRVKQUJX\QLRGOUJFLALRGOSHHLAMQFX\QLPEJNCY]RQUJNRGTXMimbNRGQUJHLALPEMQFHLAMQFIMBKODNRGKODKODOSHNTIEK@EK@IODJPEMSHQWLPVKPTINRGPTILPEKODKODUYNQUJDH=MQFKODKODSWLPTIMQFRVKJNCLPEKODLPEMQFGK@QUJMQFTXMIMB?C8QUJSWLIMBOSHKODRXMVZOPTIQUJRVKPTIQUJMNDNTIJPEFLALRGLRGJPEEK@FLALPENRGJNCLPEKODRVKMQFIMBLPEPTITXMTXMUYNVZOSWLOSHQUJOSHUYNZ^SPTILPEQUJJNCTXMSWLJNCKODLPERVKMQFMQFNRGJNCJNCRVKRVKSWL\_Vad[`dYMQFNRGRVKSWLSWLQUJTXMTWNUXO^aXX[RVYPad[[^UTWNY]RW[PQUJW[P\`UX\QW[PW[P`cZgjafi`_bY[^Uad[eh_\_Vqtkgjacf]hlaUYNZ]TWZQ_cX]aVRVKIODNTIek`Y^UZ_Vdi`af]X]T]bYch_di`Y^U`e\V[R[`Wbg^af][`WkpgELGOWP^f_RZS@HABJCHPF>FFKBOTKRWNFKB7<3)0#(/",3&07**1$%,'.!,3&)0#(/"'.!&%,$+*1$+2%*1$29,/6)+2%07*.5()0#-4'3:-)0#")-4'07*7>17>1>E8FJ?@D9=A6:>248,7;0IMBY]RVYPEI>8<159.@D9SWL\`U`cZX[R[_TY]RMQF=A68<1;?4<@5;?36:.7;/7;/7;/8<048,59-26*6:.7;/37+26*59-59-26*37+/3':>2@D88<0:>28<059-.3$26*48,37+6:.=A5>B6;?47;/59-7;/48,37+59-59-8<048,48,48,8<0<@4:>28<09=126*15)26*>B626*:>248,6:.6=05E8?F9;B58<06:.:>2<@46:.48,<>2=?36:.8<0;?3=A5<@47;/6=037+37+04(8<0?C7;?39=16:.37+?C7?C79=18<0;?4HLACG<26+FJ?hla`dY>B7?C8<@404(37+>B6EI==A559-:A407*51;?37;/7;/7;/8?23:-4;.;B58?27>1;B5>E8AH;>E8CGGK@EI>NRGOSHLPEGK@OSHKODQUJUYNQUJIMBEI>JNCIMBIMBLPEQUJKODMQFNRGJNC[_TZ^SGK@PTIOSHRVKX\QTXMMSHUYNNRGX\Q\`UVZOX\QMNDLRGOUJPVKPVKPVKPVKMSHJPEPTISWLPTINRGHLALPEMQFPTIQUJQUJRVKTXMSWLRVKSWLUYNSWLPTIRVKW[PPTIOSHVZOQUJRVKVZOOSHLPENRGUYNPTILPEPTIJNCNRGRVKSWLUYNX[R_bY]aVRVKW[PQUJSWLSWLX\QVZOVYPSVMZ]TTWNPSJWZQVYPY\Scg\]aVTXMX\Q_cX\`UZ^SW[PUXOY\Sgjailccf]dg^dg^ad[vyppsjdg^\_VX\Q\`UZ^SUYNad[^aXVYPQVMOTK_d[]bYZ_Vaf]`e\]bY`e\ejakpgsxorwnY^USXO]bYch_fkbx}tz|vv}x-4/LTMZb[KSLDLE@HACKAFNDBJ@?G=@H>AI?FNDGOELQHFKBMRIMRIMRILQHKPGMRIKPGJOFFLA8>3*0%(/"'.!07*6=0/6)*1$-4'/6))0#07*+2%$#**1$/6)07*(/"+2%*1$(/")0#(/"'.!*1$18++2%+2%)0#29,18+:A4BI?C8:>359.26+>B7VZOgk`MQF:>3;?4CG268,68,<>29;/68,59-9=1:>26:.48,6:.9=19=17;/7;/:>2AE98<0:>226*-1%(/ ,3&.5(26*<@4KMAKMACD:37+26*:>26:.26*37+04(6:.;?3:>27;/7;/8<06:.37+48,37+@D848,IMA=A537+=A559-15)48,04(04(37+8<0>B6<@46=0;?39=16:.9=1;?3:>2:<0=?37;/9=137+7;/AE9?C7?F9EI=>B648,59-;?3<@4=A5@D8>B6FJ>=A58<09=1;?49=215*=A6^bWbf[DH=;?4EI>=A56:.9=16:.48,7;/6:.7>107*8?229,7;/<@4;?39=19=1;?36=07>1=D79@37>1:A4HLALPENRGOSHLPEIMBFJ?MQFOSHMQFJNCNRGHLAMQFSWLPTIUYNRVKTXMTXMW[PMQFPTIKODOSHUYNSWLTXMW[PVZOOSHRVK[_TX\QX\QPTIOSHNRGOSHUYNSWLX\Q]aVLPEQUJW[P[_TX\QW[PVZO^bWTXMPTINRGJNCW[P]aVZ^SNRGRVKTXMUYNTXMVZOVZOW[PW[PY]RUYNQUJW[PY]RPTIUYNPTIW[PSWLY]RSWLMQFQUJW[PZ^SNRGOSHW[PNRGUYN_cXUYNW[PVZOW[PZ^SRVKSWLQUJUYNUYNSWLVZOUYNMQFMQFLPEJNCNRGJNCJNCMQFJNCNRGLPEQUJW[PRVKOSHOSHRVKSWLUYNMQFKODRVKIMBTXMRVKVZOSWLNRGPTIX\QY]RVZOMQFUYNRVKRVKTXMY]RSWLSWLOSHTXMVZOVZOTXMSWLRVKcg\fj_[_T^bWimbmqfhlafj_W[PX\QTXMPTIRVKPTIW[PNTIOUJSWLLPELPEOSHSWLTXMQUJRVKOSHHLAMQFGK@KODSWLPTIFJ?IMBGK@QUJPTIOSHRVKNRGPTITXMSWLRVKOSHIMBGK@MQFTXMCGRVKMQFOSHIMBEI>JNCHLA@D9PTIVZOKODKODMQFJNCKODIMBNRGNRGGK@KODJNCGK@LPESWLUYNQUJNRGUYNOSHPTIEK@KODGK@PTITXMPTISWLNOEKODTXM`dYQUJSWLJNCRVKOSHHLAQUJW[PVZOQUJPTIMQFJNCTXMTXMTXMUYNRVKQUJSWLW[PUYNTXMVZOW[PNRGJNCRVKPTINRGSWLQUJPTIUYNY]RTXMNRGTXMLPERVKTXMTXMW[PTWNWZQUYNW[PaeZ[_TW[PX\Q`dY^bW_cX^bWW[P[_TVZOOSHZ^S^bW]aV_cX\`U]aV\`UW[PZ^S^bWUZQ`e\~zlqhpulfkbqvmpsjhkb\_Vcg\\`UZ^S`dYad[fi`fi`_d[X]TNSJ[aVRXMRXMW]R^dYdj_ag\ci^_d[fkbhmdaf]di`lqhjofrwn~gni3;4KSLS[TMUNEMF=E>AI?FNDCKAAI?EMC@H>CH?DI@INEDI@KPGNSJRWNJOFJOFOTKFKB118++2%/6)18+*1$+2%.5()0#,3&07*18+)0#18+6=0B7;?49=2?C8NRGX\QW[PEI>6:/AE:QUJY]R[_TUYNVZO]aVOSHBF;<@5:>3;?3;?38<0<>2?A5AC7:<068,9;/79-68,8<09=18<06:.48,48,9=1>B69=1;?326*6:.7;/6:.+/#)-!(/ -4'/6)37+=A5JL@IK?@A7:>248,8<059-6:.7;/15)59-48,7;/48,26*6:.9=18<07;/;?37;/8<0=A5<@48<059-48,;?3?C78<026*37+;?3DH29;/68,59-;?37;/8<0?C79=16=0BF:>B69=17;/:>2;?39=1=A5;?3:>248,:>2?C79=29=2DH=lpelpeKOD9=2EI=?C77;/=A5Z^RGK?.2&59-<@4:A46=06=07;/59-6:.7>17>1<@4;?36:.6=0B7AE:BF;>B7>B7BF;DH=CGGK@KODRVKSWLKODAE:FJ?IMBKODPTIKODMQFHLAPTIPTIOSHW[PTXMSWLPTISWLKODRVKPTISWLUYNQUJSWLTXMPTISWLSWLRVKW[PTXMUYNRVKVZOX\QZ^SUYNW[P]aVQUJRVKOSHY]RY]R^bWSWL[_T[_TUYNY]RSWLRVKPTIX\QTXMZ^SVZOTXMQUJTXMX\QW[PVZOVZOZ^S^bWY]R[_TRVKY]RTXM[_TQUJRVK\`UW[PW[PPTIPTILPEVZO[_TVZOX\QTXMPTIX\QUYNX\QPTINRGPTIOSHSWLTXMSWLVZOVZOW[PRVKLPEFJ?QUJMQFPTIUYNOSHVZOTXMVZOTXMJNCKODQUJOSHX\QSWLNRGJNCTXMOSHTXMSWLRVKRVKRVKTXMTXMQUJLPEJNCLPETXMQUJRVKVZO[_TUYNSWLOSHQUJQUJY]RTXMNRGPTINRG]aVlpetxmbf[[_T[_TW[P\]S[\RUYNPTINRGW[PQUJNRGOSHNRGPTINRGNRGSWLTXMW[PX\QPTIMQFRVKNRGVZOSWLQUJIMBGK@NRGKODIMBNRGMQFQUJOSHQUJRVKOSHJNCGK@NRGX\QEI>HLAUYNPTISWLNRGIMBNRGKODGK@JNCKODKODJNCGK@GK@LPEJNCNRGFJ?CGLPEMQFMQFQUJY]RZ^SVZOSWLRVKPTIZ^SX\QVZOY]RUXOUXOTWNPSJSVM_bY[^UZ]T\_V]`WaeZbf[Z^S_cX`dYX\QW[PPTIRVKZ^SY]RW[PQUJMQF[_TimbY^UUZQw|s{wtyprwndi`uzqnqhjmd^aXdh]_cXdh]imb]`W[^Ugjakpgimg]a[U[PNTIQWLW]Rag\ek`_eZ\bW[`Whmdrwn`e\glcdi`hmduxo[b]6>7EMFOWPMUN=E>=E>FNDCKABJ@EMCBJ@GLCDI@BG>EJAAF=EJAMPGTWNNSJINEOTKEK@8>37=218+/6))0#&- (/",3&+2%(/"%,#*%,)0#%,(/"%,+2%,3&4;..5($+,3&3:-+2%,3&/6)%,9=126**."15)37+;?3:>2=A5?C7:>38<1?C8MQFX\QQUJAE98<1;?4LPEZ]T\_VY]RY]R`dYX\QFJ?:>38<17;/6:.9=1=A59=17;/:>28<048,15)/3'6:.8<06:.48,48,26*26*6:.<@48<0:>2-1%/3'59-37+-1%/3'*/ 04(37+48,8<0>B6?C7<@5BF:6:./3'/3'6:.9=148,26*/3'48,37+15)6:.;?3:>28<048,9=1.2&59-59-+/#8<037+;?3?C79=148,48,8<0;?36:.52;?37;/:>2AE9BF:@D8>B6CG;DH=SWLgk`jncAE:<@4HL@>B6>B7<@5X\PQUI9=1<@4>B6;B59@33:-;?3:>26=07>129,5PTIRVKOSHIMBHLAEI>@D9EI>HLAIMBMQFIMBBF;GK@IMBDH=FJ?HLALPEJNCPTIPTIGK@EI>JNCFJ?Y]RVZOIODIMBNRGNRGLPEKODIMBSTJMQFNRGIMBMQFNRGW[POSHHLAOSHRVKSWLMQFQUJVZOY]RUYNPTIVZOX\QSWLOSHOSHNRGJNCHLAHLAIMBPTIRVKPTIPTIJNCOSHLPEMQFPTIY]RW[PW[PY]ROSHVZO_cX[_TUYNX\QY\SX[RSVMSVMQTK]`WY\S]`W_bY[^U_bY]`W]`WWZQ`cZgjaUXOHKBPTIX\QW[PTXMNRGLPEY]Rfj_Y\S^aXjmdorilofgjajmduxo|eh_dg^_bY\`Ufj_fj_aeZWZQ^aXy~|z`e\PULNSJUZQ`e\glcch_^cZbg^QVMY^URWNch_}{wlqhy|s{T[V192?G@LTMLTM;C<;CBJ@@H>HMDEJAFKBDI@CH?EH?NQHRULKPGMRI\aXMSH39.+2%*1$29,'.!%,$+'.!+2%)0#$+#**1$*1$*1$*1$)0#/6)29,18+18+)0#/6)7>14;.3:-4;.-4'7;/37+37+<@437+59-;?3DH<;?348,9=2ILCTWNRVKFJ>:>248,IMBY]R^aX[^UW[P[_T_cWIMB:>326+59-59-48,9=1?C7<@46:.7;/7;/6:.48,37+8<09=18<06:.48,48,6:.8<0:>2>@4<>237+48,6:.-1%-4',3&.3$04(15)37+59-8<0;?3<@5:>28<037+26*/3'-1%48,:>28:.;=18<06:.8<07;/07*-4'37+59-7;/59-15)6:.59-@D89=18<059-9=1<@48<059-04(:A4:>29=1=A5=A559-26*;=1@B6:>27;/<@4>B6;?3<@4;B5:>2=A5?C76:.6:.>B6>B6EI=@D8;?3;?3<@4Z^Rnrgy}rvzolof[^UPTIEI=@D8>B6FJ??C859-=A5:>2=A5<@4B6:A4:A4/6)3:-8<0=A5;B5>E8;B5=D7AH;?F9BI=E;HPFAF=AF=HMDDI@ILCILCRULRULQVMKPGV[RHNC17,+2%'.!-4'&- &- $+'.!07*.5((/")0#18+%,-4'6=09@3/6)/6).5(4;..5(-4'29,4;.29,/6)-4'/3'48,?C7:>2<@4BF:EI=37+9;/57+CD:[\S]^UKLB>@4;=1AC7[\RbcZabYabY]^UZ[QPRF@D937,04)6:.8<06:.9=1<@419?4<@4:>226*59-48,04(8<09=124(46*59-:>2>B6;?34;.4;.24(79-13'79-46*?A5:<0?A5;?326*-1%8<0>B68<06:.48,:>28<07;/:>2<@459-26*8:.9;/<@48<0;?3>B6<@4;?304(15):>2CG;;?3:>2?C7:>2<@4CE98:.?A5FH2>B6@D8?C7BI<6=0:A4AC7>B68?2E8:A4>E8AH;>E8?F9?F9EI=HL@EI=?C7@D8HL@MQEMQEMQFMQFKODGK@GK@JNCJNCGK@JNCDH=DH=RVKOSHW[PNRGQUJRVKPTIOSHUYNOSHVZOW[PTXMW[PPTILPETXMY]RQUJNRGY]RZ^SVZO^bWRVKSWL`dYTXMTXM]aV]aVZ^S\`U_cXUYN]aV[_TVZOVZOQUJ\`UZ^SZ^SW[PX\QSWLSWLOSHZ^SLPENRGHLANRGQUJW[PZ^SOSHRVKTXMY]RRVKPTIX\QZ^SVZOY]R\`UY]RSWL\`URVKUYN^bW\`UW[PUYNSWLOSHKODUYNZ^SOSHVZORVKTXMSWLX\QUYNQUJMQFKODNRGKODLPEPTILPEGK@aeZQUJKODW[PMQFGK@IMBRVKLPEDH=JNCMQFMQFKODUYNRVKMQFQUJMQFKODNRGJNCLPENRGLPENRGQUJNRGLPEY]RSWLNRGLPESWLOSHSWLVZOQUJTXMUYNKODW[PVZOOSHVYPZ]TTWNORIWZQORIRULVYPXYORSISTJRSIQUJQUJTXM[_TTXMUYNKODQUJQUJKODSWLPTIMQFRVKMQFLPENRGMQFNRGRVKGK@PTIHLAJNCQUJOSHOSHOSHLPEOSHOSHPTIRVKLPEFJ?JNCVZOSWLPTINRGMQFNRGY]RLPEDH={oshUYN[_TNRGIMBMQFX\Qei^IMBIMBFJ?LPEGK@EI>OSHGK@KODSWLKODQUJNRGNRGMQFOSHJNCW[PY]RPTISWLPQGNRGX\QW[PW[PRVKY]RTXMPTIRVKMQFQUJRVKTXMLPERVKY]RLPEOSHQUJQUJQUJSWLUYNTXMSWLSWLOSHQUJQUJMQFOSHNRGOSHQUJUYNPTISWLLPENRGPTIQUJZ^SUYNSWLY]Rimbtwnhkbjkbjkbpqhuvmvwnnofyzqtulkneqtkkneorinqhbe\`cZ`cZUYNX\QRVKQUJPTIOSHUYNZ^S_`Whi`jkb]^Ucd[nofrsjgjabe\TWN[_T[_TOSH\`UX[Raf]PULRWNQVMQVMNSJJOFY^Uglcaf]_d[jof_d[hmdmrisvmpsjnofstkW_X3;4?G@JRKV_US\R:C96?5AJ@DMCIRH@I?AE:@F;DJ?GMBHMDIQGLTJJRHOTKKPGKPGCI>17,'.!)0#+2%%,-4''.!+2%18+07*'.!29,(/".5((/",3&29,9@3/6)+2%)0#29,18+29,-4'3:-5E8/6)17,DJ?KODTUKKLB;?34;.@G:QTK]`W`cZVZO]aVZ^SOSH?C88?237+26*37+48,9=1;?379-3:-9@352.2&48,37+48,9=137+37+37+6:.8<0>B604(48,<@459-+/#04(59-?C7<@4;?3;?3;?3;?3:>27;/:>2>B6<@4+/#;?315)=A5>B604(<@437+9=1.2&<@459->B67;/26*8<059-6:.8<09=16:.26*26*6:.26:.=A59=18<07;/;?33:-;B5;B59@3=D7=D78?26=0=A5>B6;?3CG;EI=FJ>>B6>B6IMAEI=CG;>B6EI=AE9BF:AE9DH2<@4?C7>B6>B6@D8AE9BIE8BI<8?2?F9>E8DH<=A5<@4:>2BF:CG;JNBKOCHLAJNCNRGMQFGK@MQFEI>IMBJNCOSHSWLX\QPTIY]RMQFPTIOSHOSHPTIQUJTXMUYNTXMQUJUYNPTIPTIX\Q`dYZ^SRVKRVK[_TVZO]aVX\QTXM\`U]aV^bWcg\Z^SY]Rbf[[_T`dY[aVRXMMQFVZOPTIfg]noeklbRSIUVLRVK\`UQUJPTIMQFHLADH=OSHTXMKODSWLRVK]aVNRG[_TY]RRVKW[PUYNTXMTXMW[P]aV[_TX\QZ^SW[PZ^SY]RQUJNRGMQFQUJPTIRVKSWLSWLUYNW[PTXMW[PSWLPTIKODRVKIMBHLALPEOSHLPESWLSWLSWLLPEPTIOSHOSHOSHW[PSWLMQFJNCGK@MQFJNCQUJRVKNRGMQFPTIOSHIMBOSHJNCKODJNCFJ?MQFSWLMQFSWLW[PVZOTXMQUJTXMY]RSWLUYNW[PVZOTXMQUJOSHQUJSWLRVKUYNUYNOSHJNCY]RUYNW[PQUJUYNVZOSWLTXMQUJ\`UTXMGK@UYNSWLLPESWLVZORVKTXMNRGPTIMQFRVKQUJJNCW[PGK@KQFMSHLRGU[PTZOJPENTINTIJPEOUJPVKMSHHNCDJ?GMBOUJei^NRGRVKJNCLPENRGX\QMQFSWL`dYPTIUYN[_TQUJY]RUYNQUJOSHTXMTXMQUJQUJLPEKODHLAUYNbf[RVKMQFMQFRVKQUJLPEMQFSWLUYNPTINRGSWLX\QPTIOSHLPEQUJTXMW[PZ^STXMNRGKODKODMQFNRGOSHOSHKODSWLRVKX\QX\QQUJQUJRVKIMBLPELPEOSH\`UNRGMQFRVKKODef\\`UQUJSWL_cX\`UPTILRGXZN^`T`bV`aWgh^mndjkafg]kneoripsjz}tmpgqtkmpgrulkpgmrinsjpulv{ruzqotkjofineine[`WQVMV[RHMD[`WX]T_`V^_U^_Uef\ef\xypfg^vznqhqtk^aXY]R[_TV[RSXOY]Rmqfw{p_cXOSHQUJRVKZ^Sbf[W[PX]T_d[X]TQVMSXOglcejaaf]pthjncimbmpg~S[T3;4EMFMUN]f\U^TGPFEND5>4?H>MVLENDKQFIODHNCEJAEJAKPGMUKLTJLQHDI@TZOSWLJNC8<148-9?4DJ?^aX]`W[_TVZO\`URVKHLA@D98?28<0;?3=A59=18<0:>2:<06:.48,6:.6:.8<09=115)04(04(37+6:.37+15)26*04(59-:>248,6:.37+37+04(-1%7;/7;/8<059-59-59-6:.59-8<09=19=1;?3=A5;?3;?39=137+26*7;/8<07;/7;/6:.9=1>B648,:>28<0/3'9=1<@48<07;/7;/8<0:>2:>26:.48,8<0>B6=A5<@4:>259-6:.;?3;?3:>2?C7;?326*>B6@D8<@47;/9=1AE9:>248,9=1?C7=A5;?3>B69=1;?3=A5DHB6>B6?C7>B637+26*6:.;?37;/48,8<0@D8GK?CG;?C7AE9EI=<@4CG;DHB68<07;/:>2AE9IMAPTHNRGHLAIMBIMBMQFOSHMQFLPEW[PW[PSWLPTISWL^bWW[POSHSWLSWLRVKTXMW[PY]RVZORVKMQFHLALPELPEVZOTXMX\QW[PQUJW[PZ^Sdh]ei^`dYcg\]aV]aVY]RRVKY]RZ^S^bWU[PQWLUYNQUJSWLY]RY]RUVLUVL[\RVZO[_TPTIQUJOSHNRGNRGVZOPTIPTIUYNUYNVZONRGTXMQUJRVKUYNVZO[_TZ^SVZOX\QW[PW[P\`UTXMVZOSWLQUJNRGLPELPEPTITXMTXMRVKTXMSWLOSHMQFRVKRVKNRGTXMTXMQUJOSHNRGKODPTISWLRVKLPENRGQUJKODIMBSWLFJ?NRGNRGQUJNRGOSHOSHQUJOSHJNCJNCKODIMBKODKODMQFNRGNRGSWLTXMMQFIMBKODSWL[_T\`UUYNNRGOSHTXMX\QVZONRGNRGNRGMQFW[PRVKRVKTXMUYNQUJY]RVZO]aVNRG_cXUYNPTI_cXW[PQUJVZOX\Q[_TSWLKODNRGPTIRVKW[PVZOMQFFJ?MQFUYNOSHUYNJNCNRGNRGNRGKODNRGSWLPTILPESWLRVKQUJOSHLPEKODMQFQUJQUJIMBQUJIMBJNCJNCOSHJNCOSHX\QGK@NRGLPENRGPTIMQFHLAIMBOSHPTISWLUYNMQFJNCMQFUYN_cXTXMQUJOSHOSHMQFLPEMQFQUJPTILPEOSHRVKLPENRGOSHMQFNRGLPENRGVZOUYNSWLPTIMQFNRGPTIPTIMQFKODGK@MQFTXMTXMMQFW[PY]RRVKPTISWLLPEOSHOSHNRGSWLVZO[\R\`UQUJVZOTXM]aVTXMTZObf[TXMQUJbf[nrgimbilcvypztwnrul{~uz}ttwntwnz}tpsj~x~xsvmtwny{|vz}t}wpsjlofmpgY\SNQHVYPZ^Sjncjnc\`UZ]Tdg^x{rilc]_S}~tknekne^aXX\Q[_TX]Tdi`]aVMQFcg\mqfqrhij`^bWVZOVZO_cX]aV_cXbf[W[PSXOTYPZ_Vdi`\aX_d[`e\_d[_cXhlaqujqtkKRK7>7KSLRZSR[QT]SIRHGPF7@6@I??H>AJ@HMDHMDHMDEJAEJALQHNSJGOEJOF>D9/5*'-"&- $+#*$+CJ=/6)%,)0#")*1$.5(+2%07*6=03:-3:-07*,3&#*$+*1$)0#+2%,3&29,3:-4;.29,7>1:A4518?29@3GNASYNU[PNRGFJ?37,37,DJ?X^S^aXY]RY]RY]RW[PEI>;?4:>3:A4>B6?C7:>248,7;/;?3<>259-.2&6:.04(7;/37+37+.2&59-15)/3'/3'(, 15)15)8<07;/26*59-+/#/3'15)26**.".2&6:.9=16:.7;/26*26*7;/7;/48,59-7;/9=1;?39=137+48,37+6:.26*15)59-26*9=137+8<0/3'7;/@D89=18<0DH<7;/;?3?C7@D8:>237+48,8<08<0=A5=A58<08<0?C7AE9>B67;/:>27;/?C7?C7:>2:>2?C7>B648,26*9=1<@4;?3<@4=A5<@5@D9CG2>B6@D8BF:BF:>B6AE9CG;<@49=19=19=1<@4=A5;?38<0<@4AE9EI=?C7?C7DH<@4?C7=A5DH<@D8GK?FJ>KOCQUJLPEMQFLPEPTIJNCQUJOSHNRGTXMUYNRVKUYNW[P[_TW[PTXMVZOW[PW[PX\QX\QW[PTXMUYNOSHUYNNRGRVKPTI\`UX\Q_cX`dYW[PZ^SZ^SUYN\`U^bWbcYcdZW[PX\Q]aV]aVVZOZ^SX^SKQFRXMZ^SUYNRVKZ^SZ^SW[PX\QPTITXMPTIQUJQUJQUJNRGVZOUYNX\QQUJSWLVZOSWL]aVX\QTXM[_T^bWW[PW[PVZOQUJVZOQUJOSHSWLTXMW[PTXMMQFPTIPTINRGNRGTXMY]RY]RQUJRVKKODHLAJNCOSHLPEKODOSHLPENRGTXMPTIMQFMQFOSHQUJJNCMQFBF;KODKODJNCEI>OSHHLAJNCNRGKODJNCJNCGK@NRGOSHLPEHLALPETXMW[PVZOJNCOSHVZORVKUYNVZOLPENRGRVKVZOUYNMQFRVKUYNNRGW[PSWLOSHNRGQUJTXM[_TUYNTXMY]RDH=FJ?Z^SRVKNRGW[PVZORVKRVKSWLUYNTXMPTINRGOSHHLAJNCLPEIMBLPEGK@LPEPTIRVKJNCOSHMQFPTITXMMQFQUJ[_TRVKOSHPTINRGQUJTXMQUJEI>IMBNRGIMBNRGNRGJNCKODNRGPTIIMBKODJNCOSHQUJKODLPENRGMQFJNCQUJX\QSWLTXMRVKPTITXMNRGPTIRVKRVKSWL[_TSWLTXMVZOSWLVZOUYNJNCPTIQUJOSHOSHLPEMQFTXMRVKRVKRVKNRGMQFTXMTXMPTIQUJOSHTXMX\QZ^SPTIUYNUYNOSHSWLTXMRVKPTIRVKQUJVZOSWLRSIVZOPTIQUJLPEY]RW[PU[P`dY_cXgjawzq|vvyp|v{ywzq{}{|~}~xhkbnqhSWLPTIVZOMQFVYPnqhnqhTUKlmcypsjqtkcf]TXMW[PX[RmpgjncW[POSHOSHQUJNRG]aVX\Q[_Tbf[_cX]aVaeZW[PV[R[`WV[R_d[af]af]bg^af]TZOntix~smri}{?F?:B8IRHR[QLTJS[QPXNMUKCKAHPF?G=DLBCH?GLCINEHMDINEOTKNSJEJADJ?9?4(.#"('.!'.!$+'.!4;.$+!(-4')0#-4'(/"&)0#+2%'.!&- '.!$+"))0#*1$%,*1$)0#07*/6)18+3:-48-CG226*15)37+7;/37+26*48,6:.9=1:>27;/7;/;?37;/:>29=18<048,48,26*:>2<@4;?3<@47;/7;/<@4;?3=A5@D8AE9;?348,26*48,59-;?3;?3:>2<@4@D8DHIMBKODKODBF;FJ?DH=HLAIMBHL@GK?BF:GK?AE9=A5:>2CG;AE9@D8DH<@D8BF:DH<=A5?C7:>2=A5<@49=1<@4>B6=A5;?3>B6=A5DHKODQUJLPEJNCJNCGK@HLAQUJPTIKODQUJTXMRVKSWLOSHRVKTXMGK@NRGY]RRVKY]RQUJOSHTXMRVKX\Q]aVSWLRVKPTISWLQUJOSHSWL[_TTXMJNCKODX\QJNCHLASWLZ^SRVK[_TUYNRVKUYNX\QSWLQUJTXMUYNHLAQUJX\QKODQUJSWLOSHOSHOSHLPERVKUYNTXMSWLOSHUYNUYNJNCGK@JNCIMBMQFPTIJNCFJ?JNCFJ?EI>QUJRVKGK@NRGMQFHLATXMMQFSWLQUJVZOKODQUJUYNOSHFJ?MQFUYNSWLY]Rdh]\`UZ^SVZOVZOUYNRVKSWLUYNNRGUYN[_TOSHIMBOSHTXMW[PVZORVKSWLTXMTXMUYNLPEUYNX\QRVKPTIX\QX\QRVKRVKVZOQUJX\Q_cX^bWVZOTXMRVKTXMMQFX\QY]RQUJRVK]aVOSHTUKQUJSWLMQFPTISWLZ^SU[PTYPglcx}t}yz~xx|v~}}|z~}tzoci^dj_X]TTYPqvm~zWXNij`zorioriilcX\QY]Rwzqwzqfj_`dYVZOSWLRVKOSH\`UUYNRVKW[PY]R_cXfj_`dY\`U`dYX\Q{tuyn\`Udh]`f[dj_lqhotkkpg~ryr7>7@H>AJ@JSIQYOOWM[cYX`VFNDHPFMUKIQGJOFLQHNSJLQHMRIRWNPULEJA7=206+%,")'.!&- $+)0#)0#&- ")(/"&- '.!$+'.!.5(-4'(/"%,(/"&- (/"18+18+,3&4;.07*3:-18+4;.;B5=A6BF;BF;?C859.9=2JNCaeZUYNIMB7;028-5;0RULad[WZQSWLTXMRVKJNC<@58<0=A5DH<;B5@D8<@46:.7;/<@48<035)59-15):>2:>26:.59-59-59-7;//3'6:.37+37+37+59-48,9=104(,0$6:.59-9=1;?3;?315)48,7;/37+9=115)04(04(8<059-7;/8<07;/8<08<06:.7;/=A5=A5@D8:>2;?36:.;?37;/+/#>B6<@4:>26:.8<08<0@D8>B6<@4<@4:>28<0:>2>B69=1;?38<0:>2<@4;?3@D8=A5<@4CG;?C7;?3>B6?C7BF:=A5;?3BF:GK?@D8<@4HL@QUILPDPTIMQFLPEFJ?KODEI>FJ?GK@FJ>IMACG;CG;?C7DHB6:>2;?3?C7?C7LPD>B6?C7=A5?C7DH2>B6DHEI=EI=DHRVKPTIOSHSWLMQFSWLPTIAE:OSHOSHTXMTXMTXM[_TW[PVZOY]RaeZcg\\`USWLUYNQUJTXM[_TRVKUYNW[PX\QSWLW[P\`USWLUYN[_TW[P_cX\]SYZPZ[QZ[QY]RY]R\`U]aVV\Q\bW[aVZ`URXMW[PVZOX\QY]RW[PRVKVZONRGRVKW[PTXMW[PRVKOSHRVKVZOUYNY]RSWLPTIX\Q[_TZ^SRVKKODPTIRVKUYNX\QVZOVZOUYNJNCKODNRG]aVX\QRVKRVKSWLOSHNRGTXMQUJPTINRGRVKIMBIMBJNCQUJRVKVZOVZOX\QRVKX\QRVKKODMQFKODFJ?OSHLPENRGKODOSHEI>KODSWLQUJIMBHLAKODJNCHLAUYNSWLMQFPTIQUJNRGRVKTXMQUJSWLNRGSWLTXMIMBVZOQUJJNCRVKTXMRVKX\QUYNPTIKODVZO[_TUYNRVKSWLUYNPTINRGTXMTXMRVKMQFX\QUYNMQFX\QTXMVZOSWLJNCJNCRVKSWLHLAPTIW[PIMBQUJSWLIMBJNCGK@RVKRVKPTIPTISWLVZOOSHPTIFJ?FJ?JNCHLAKODOSHJNCNRGNRGFJ?GK@VZOUYNIMBSWLLPEEI>UYNOSHQUJMQFQUJGK@HLAQUJQUJIMBLPEPTILPEQUJ`dY\`U]aV^bW\`UY]RQUJQUJUYNKODNRGW[PTXMRVKW[PY]RY]RX\QSWLUYNVZOVZOTXMHLAOSHTXMQUJQUJZ^S[_TVZOW[PW[PMQFSWLW[PaeZUYNUYNQUJQUJJNCVZOTXMNRGRVK_cXX\QZ\PSWLX\QUYNW[PSWL]`W]bYrwnzv}~z|y~u~z{fj_UXOtwngjacf]SWLNRGeh_ilc[_T]aVVZOY]R]aVW[PW[PTXMQUJVZOX\Q\`U`dYZ^S\`Ubf[Z^Sy}rx|qcg\imb|wdj_otkjof}[b[9A7FND>G=DMCRZPV^TZbXX`VU]SPXNMUKGOEHPFLQHNSJOTKPVKQWLJPE>D9,3&(/"$+$+'.!&- %,(/".5(07*%,#*%,)0#'.!/6)52<@4FJ>IMBDH=;?448-:>3JNCY]R^bWOSG>B7-3(8>3DI@[`Wfi`\_Vcg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`UY[OTXLUYN\`U[_TY\S_bYkpgwz~|}|vMPGfg^mpgX[RMQFTXMnqhnqh[_T`dYY]RUYN[_T[_T[_T^bW]aV]aVX\QTXMVZORVKVYP_bY]`W[^Ucf]fi`psjjmdnsj`e\jofx}timgBIB;C9IQGENDENDPXN_g]RZPX`Vemc]e[NVLLTJHPEHPELRGNTINTIJQD?F918+(/"#*#*&- '.!'.!'.!&- '.!+2%&- (/")0#-4'&- $+)0#,3&.5()0#.5((/")0#,3&*."(, 15)26*37+=A5:>2CG;IMBHLA?C86:/:>3NRGTXMLPEAE959.39.PVKZ_V_d[df`gicptiZ^SAE:8<004(8<0;?3<@4:A4=A59=17;/7;/48,59-@B67;/48,37+6:.6:.7;/15)6:.-1%59-=A56:.37+37+15)48,59-<@459-6:.=A5BF:=A5/3'48,15)48,8<026*7;/;?3:>248,26*37+48,37+48,9=1:>2:>2<@4@D8@D88<0BF:7;/CG;BF:6:.@D89=159-:>2>B604(<@4:>2;?3=A5<@49=19=1<@4>B6DH<<@4<@4;?38<0AE9=A5?C7=A5;?3<@4CG;;?3AE9CG;<@4=A5=A5BF:IMAGK?AE9>B6DHB6AE9BF:<@4<@4?C7FJ>GK?FJ>JNBMQEBF:=A5EI=>B6CG;?C7@D8IMASWKFJ>KOCIMAJNBJNBGK?HL@JNBMQEMQEPTIMQFVZOX\QLPENRGQUJOSHIMBOSHOSHQUJQUJ[_TPTIHLANOEUVL[\R[\RXYOUVLUVLVWMRVKUYNTXMY]RSWLZ^S\`Ubf[W[P]aVY]RY]RW[PVZO^bWW[PZ[QZ[QZ[QYZPde[]^TUYNSWL[_TW[PX\QQUJ^bWYZPYZPTUKKODRVKSWLZ^STXMSWLPTIJNCRVKMQFPTISWL\`UUYN^bWY]RX\QW[PPTIOSHRVKTXMTXMLPEPTIUYNOSHY]RTXMSWLPTIUYNX\Q\`UX\QUYNW[PRVKOSHUYNLPEQUJX\QRVKLPEOSHY]RZ^SRVKQUJTXMSWLVZOVZOUYNLPENRGUYNOSHJNCIMBLPERVKJNCKODPTIJNCEI>MQFSWLQUJPTIFJ?RVKTXMOSHQUJRVKOSHMQFKODPTIQUJLPENRGUYNUYNPTIQUJTXMNRGUYNUYNJNCMQFOSHLPENRGNRGNRGRVKMQFSWLOSHNRGSWLTXMKODSWLUYNPTITXMW[PRVKRVKTXMPTIMQFRVKX\QTXMKODGK@GK@UYNRVKJNCHLAUYNPTIJNCKODMQFNRGQUJRVKLPEMQFNRGNRGLPEKODNRGRVKKODIMBMQFEI>MQFIMBHLAHLANRGKODIMBSWLIMBLPEJNCLPEQUJTXMW[POSHHLAJNCMQFUYNPTIQUJPTIOSHMQFX\QVZOY]ROSHX\QY]RTXMTXMTXMTXMX\QRVKUYNTXMRVKOSHPTIUYNOSHSWLUYNTXMPTIPTIQUJQUJOSHQUJRVKNRGLPEMQFOSHPTIQUJNRGTXMRVKMQFPTIPTIHLAW[P[]QTXLQUI[_Tgk`ilcnqhzv}|}}|~|v^aXZ[RtwnZ]T[_TlpeZ^S_cXaeZUYNW]RY_T[_TaeZ`dY]aVW[PUYN[_T\`USVMTWNad[be\ad[^aXfi`be\]`W^aXbe\x{rvxr.5.8@6FNDLUKIRHNVLZbXMUKZbXYaWZbXV^TS[QT\QOWLMSHJPEGNABI<:>2.2&(/" ' '%,&- '.!(/"$+&- +2%)0#&- &(/"+2%+2%*1$/6)29,+2%07*(/")0#+2%.2&,0$26*59-6:.CG;:>2@D8FJ?8<1.2'<@5KOD\`UQUJBF;68,8<1DJ?bh]eja_d[^`Zbb\\`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ceYUYMRVJX\Qz~s{~u}~~~|x|}tw~|{ygjaOPG|twndg^bf[`dYvwnklcVZOjncswl^bW[aV[aV[_T`dY\`UZ^SVZOW[P^bW`dY\_V_bYbe\WZQ_bYbe\cf]_bYbe\^aX^aXdg^wzq{~u}z|3;47@6HPFHPFNVLHPFOWMJRH[cYU]SV^TS[QS[QPWPW_UIQG?G3OSHdg^nqh]`WY]R\`UTXMBF;?C8@D86:.6:.=A5:>26=07>17;/:>268,=?3==1::.59-59-59-<@459--1%59-48,48,>B6?C7:>259-:>2/3'9=148,/3'9=1@D8<@459-26*9=18:.68,46*68,=?3;=124(57+59-7;/;?3@D859-8<09=1:>238)27(:?09>/=B3@E66;,38)7;/37+7;/6:.9=1>B67;/8<0?C7<@4=A5;?3@D87;/8<0:>2=A5?C7?C79=19=1AE9CG;;?3=B3@E6=B3=B3AF7GK?FJ>FJ>@D8>B6FJ>HL@EI=DH@4AC7IK?BD8DF:GI=B6:>2?C7?C7;?3DHPTHLPDJNBGK?IMAFJ>JNBPTHQUIMQEBF:IMBEI>SWLPTIMQFSWLJNCHLADH=OSHQUJMQFPTITXMUYNW[PRVKZ^S[_TY]RX\QTXMTXMZ^SW[Pdh]Y]RRVKX\QW[PSWLTXMRVK\`UUYNRVKPTIUYNVZOcg\QUJZ^S]aV\`U^bW]aVZ^S\`U^bWX\QSWLUYNVZOSWLRVKSWL[_TX\QZ^SZ^SX\QMQFTXMTXMX\QVZOW[PX\QVZOZ^S\`UUYNUYNcg\W[PSWLNRGOSHPTIRVK[_TPTIRVKUYNUYNRVKNRGY]RVZOW[PY]RSWL[_TX\QX\QTXMQUJPTILPEMQFQUJKODY]R\`UMQFSWLQUJNRGMQFOSHGK@QUJJNCUYNHLAJNCUYNQUJMQFEI>IMBSWLUYNJNCPTIPTIRVKPTIOSHNRGNRGNRGJNCHLAPTIZ^STXMQUJMQFJNCNRGKODVZOPTIQUJOSHKODUYN^bWY]RRVKJNCOSHRVKOSHQUJX\QRVKOSH\`URVKLPEPTIY]RZ^STXMOSHMQFLPENRGRVKUYNNRGNRGW[PSWLZ^SMQFNRGNRGRVKRVKUYNKODTXMVZONRGGK@NRGNRGJNCMQFRSIRSIUVL\]SPQGOPFMNDOPFNRGKODJNCPTITXMRVKMQFHLALPEDH=EI>QUJOSHEI>GK@MQFOSHPTITXMMQFRVKMQFLPERVKPTIPTIPTIJNCOSHTXMOSHTXM\`UQUJLPETXMPTITXMQUJPTIOSHZ^SNRGLPEVZOQUJOSHQUJTXMQUJY]RZ^SRVKSWLX\Q_cX`dYWXNabX[ZPUTJUVLOPFX\QTXMOSHKODLPENRGLPEMQFVZOUVM^aXVYP|x}y{~u~z}}}}{~{ywl{|rqrhmndrsi{|r~y}hkbQUJOQE|mri`f[ZaTfi`[^UORIilcmpg]`Wgja`cZY\S\_Vcf]^aX]`Wdg^_bYVYP\aXY^UY^UTYP]bYZ_VZ_VX]T^cZW\SW\SZ_Vglcv{rx}tv{rv|5=6@HAEMCOWMQYOOWMMUKKSIW_UX`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hlaeh_cf]^bWVZOHL@@D9FJ?>B77;/:>26:.15)8<03:-/6)04(7;/6:.;=1<>2>@46:./3'7;/:>2=A5:>204(:>2:>26:.<@4;?3;?3:>2BF:7;/:>29=1@D826*59-7;/=A59=19=1<@4<@4BF:;?337+:>27;/59-9=17;/:>28<07;//3'/3'59-;?39=17;/8<0:>2=A5:>259-7;/:>259-26*6:.8<0<@4:>2@D8>B6=A5<@4?C7?C7BF:<@4=A5?C7>B6<@4?C7AE9?C7AE9?C7=A5<@4=A5@D8AE9=A5FJ>EI=CG;IMABF:HJ>HJ>LNBIMAFJ>KOC>B6@D8=A5CG;FJ>IMA@D8BF:DHB6CG;BD8EI=GK?HL@DHFJ>IMAIMAFJ>HL@DHIMBKODJNCNRGUYNIMBLPEQUJEI>LPEMQFSWLKODIMBOSHOSHQUJLPEOSHIMBTXMQUJQUJQUJNRGPTIRVKMQFPTIPTIMQFKODNRGNRGUYNRVKKODOSHPTIQUJTXMPTINRGTXMSWLSWLPTIRVKRVKUYNVZORVKW[PX\QPTIPQGSTJSTJTUKUYNW[PIMBQUJRVKW[PVZOQUJTXMQUJVWNJMDfi`y|z}t~{~u|{xypklc_`V\]SVWMIK?JKAVWMXYOgh^abXSTJTUKYZP[\R]^Topf}fj_Z[QSTJ~x}^dYW]RUXO[^U`cZ\_Vad[ad[be\`cZ`cZWZQZ]TZ]TVYP^aXcf]cf]Z_V]bY_d[[`W[`WW\SX]T[`W\aX^cZejafkbaf]typGNI;CHLA<@526*6:.59-04(59-18+.2&.2&37+6:.:>2=?3<>26:.8<09=148,9=1=A559-6:.6:.=A5:>2?C726*37+:>28<0;?348,37+6:.37+9=159-7;/9=1:>29=1?C759-/3'>B68<0<@4>B67;/8<08<08<0/3'04(15)8<037+59-9=1;?3@D86:.;?38<07;/8<08<07;/48,48,:>2?C7;?3<@48<0<@4<@4CG;GK?CG;BF:@D8<@4<@4?C7@D8EI>?C8AE:CGHLABF;=A5@D8DHB6<@4CG;EI=KOCCG;HL@HL@JNBEI=HL@BF:HL@EI=BF:?C7?C7@D8CG;DHBF::>29=1<@4AE9FJ>HJ>IMA>B6FJ>HL@FJ>KOCQUICG;DHKOCNRFHL@EI>OSHLPEHLAGK@EI>HLAMQFQUJJNCGK@LPEPTIOSHOSHSWLTXMUYNY]RVZOQUJUYNY]RUYNLPERVK\`U_cXW[PUYNOSH8<1PTIVZOW[PPTIVZOW[PY]RX\Q[_TZ^S]aV^bW\`U`dY`dYW[PZ^SUYNW[P^bW]aVUYNTXM[_TW[PZ^SVZOZ^STXMTXMTXMQUJVZOZ^SW[PUYNY]R[_TZ^S]aV]aVZ^SY]RRVKNRGNRGW[PSWL\`UOSHPTI\`U_cXW[PTXM[_TSWLUYNdh]lpeei^^bW]aVX\QQUJLPEKODMQFLPEOSHGK@JNCKODNRGLPEUYNUYNX\QUYNLPEQUJFJ?JNCIMBIMBRVKRVKRVKMQFRVKRVKGK@MQFKODKODIMBBF;HLAKODIMBLPEQUJPTIKODNRGIMBKODQUJOSHJNCPTIW[PRVKQUJKODNRGQUJOSHRVKTXMPTIMQFNRGOSHMQFOSHPTIKODW[PNRGLPEOSHPTIQUJVZOY]RLPEMQFSWLPTINRGJNCTXMNRGPTINRGOSHLPETXMPTIPTIMQFIMBOSHPTITXMTXMTXMOSHRVKUYNNRGNRGJNCMQFJNCOSHOSHJNCDH=CGKODRVKSWLbf[_cXW[PTXMX\QXZNVXL[\Rnoe|v~ptiUYNQRHy}ineV\QVZOimbimb\`UY]Rdh]imbkodfj_`dYbf[[_TVZObf[hlacg\^dYag\\bWRXMRXMW]RZ`UZ`URWNaf]^cZ]bY^cZch_|v{ru|ujsp>E@GOHHQGPXNKSILTJNVLKSINVLPXNRZPQYOU\UU]SQYO8@5 !*"+%%.!*3&'0#(1$#,)2%%.!$- !*#,'.!'.!%,!(#*(/"-4'29,18++2%/6),3&51/6)9@3FJ?TXMZ^STXMJNC>B7BH=V\Qfj_fj_ad[Z]TUXORVKEI=8<0>B7@D9?C8:>27;/6:.59-37+07*48,7;/48,15)26*6:.48,59-<@459-48,:>2;?3;?37;/>B6CG;59-7;/48,48,59-7;/:>237+26*9=137+7;/37+9=1:>28<07;/=A526*.2&<@437+<@4>B66:.7;/8<09=115)37+15):>27;/9=1:>2;?3@D8:>2>B68<059-<@4?C7:>28<09=17;/;?3;?3DH<@D8@D8>B6HL@JNBEI=BF:@D8;?3:>2=A5?C7EI><@5@D9FJ?BF;EI>LPEJNCDH?C7AE9CG;BF:@D8>B6BF:EI=GK?EL??C7;?3<@4?C7@D8@D8EG;EI=?C7GK?LPD=A5EI=NRFHL@IMAFJ>BF:GK?GK?DHMQFSWLSWLQUJPTIW[PSWLSWLSWLMQFOSHVZOX\QOSHVZOUYNRVKQUJSWLTXMLPESWLVZOPTIMQFNRGX\QW[PVZOSWL[_Tbf[^bWX\Q^bWaeZX\QX\QSWLTXM[_T\`UVZOX\Q`dY\`U]aV_cX\`UUYNLPEW[P\`USWLX\QW[PW[P[_TY]RVZOX\Q^bW_cXVZOPTIQUJX\QPTINRGX\QX\QW[PZ^S[_TVZORVKNRGSWLSWL^bWei^\`UY]RZ^SX\QLPERVKRVKPTIPTIJNCNRGIMBPTITXMRVKUYNRVKX\QTXMKODNRGTXMTXMJNCEI>HLAMQFOSHGK@OSHOSHDH=JNCJNCLPEJNCDH=IMBLPEJNCHLAIMBKODMQFOSHKODMQFOSHLPELPEMQFPTINRGOSHNRGRVKOSHGK@NRGY]RZ^SRVKPTIOSHMQFRVKTXMMQFSWLSWLPTILPENRGVZOW[POSHUYNNRGRVKRVKKODKODW[PGK@JNCLPEMQFGK@QUJSWLVZORVKOSHNRGKODUYNX\Q\`USWLRVKUYNNRGOSHMQFRVKJNCMQFQUJLPEIMBIMBLPEJNCGK@IMBOSHIMBOSHSWLSWLKODMQFGK@SWLRVKNRGOSHMQFVZOQUJKODOSHKODLPEMQFPTIPTIPTIRVKQUJRVKQUJQUJRVKQUJMQFQUJY]ROSHUYNRVKPTIUYNQUJJNCPTIPTISWLTXMPTIRVKSWLNRGTXMX\QUYNQRHYZPXYOSTJX\QUYNZ^SRVKOSHY]RX\QOSHRVKPTI[\Sy|s||~x{{}{{x{r[\ROPFIJ@IMBJNCHLAEK@EK@TXMMQFHLAMQFSWL[_TRVKVZOW[O[_SQUJSWLdg^vyp}X\QPTI[\S|pulaf]dh]qujaeZ`dYY]R_cXaeZcg\Y]RX\Q`dY^bW\`Uei^ei^]aV^dY^dYY_TZ`U^dY`f[\bWY_Tbg^mribg^`e\`e\bg^ch_kpgfmf½X_\3EK@=C86<1.4)6<1LRGW[PW[PPTIFJ??C82<@4<@5=A6BF;?C748,37+8<06:.8<08<0:>248,26*37+6:.26*8<0;?359-=A5AE9<@4@D8?C7<@4@D8;?359-?C76:.48,48,8<06:.<@46:.37+59-9=1<@459-37+48,;?359-37+:>2/3'59-7;/48,8<07;/9=159-6:.8<0;?38<09=1;?3<@4<@47;/AE9=A5:>2?C7>B67;/;?3@D8:>29=1:>2BF:BF:?C7@D8LPDGK?CG;AE9AE9=A5<@4?C7@D8@D9;?4CGGK?=A5BF:EI=KOCDF:FHKOCIMAEI=AE9>B6GK?JNBMQEMQEJNBDHIMAFJ>DHB6>B6@D8@D8?C7GI=EI=GK?DHHL@EI=IMAHL@IMAEI=AE9FJ>HL@NRGLPEKODMQFNRGGK@CGNRGPTIRVK\`UVZONRGUYNPTITXMNRGPTINRGMQFOSHSWLX\QOSHKODNRGGK@IMBLPENRGMQFLPEQUJX\QQUJRVKSWLIMBPTIUYNMQFOSHSWLLPELPEHLATXMOSHNRGRVKQUJPTIOSHSWLQUJOSHTXMQUJRVKSWLQUJNRGW[PY]RY]RX\QSWLY]RTXMMQFW[PVZOLPESWLQUJPTIOSHLPEPTITXMOSHOSHV\QRVKKODTUKUVLOSHTXMNTIUYNRVKUYNRVKIMBKODUYN[_T\\V}y}{|~|yvyp`cZRSIIJ@EFF;'%.!' )!#))/$#)!'#)(.#(.##,'0#&- %,+2%.5(,3&,3&.4)06+-3(06+/5*28-5;0/5*>D9>D9@F;5;017,.4)CI>TZOaeZVZOGK@=A6=A6GMBW]Rci^dg^^a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aeZX\QZ^SVZOLPEQUJVZOOSHSWLTXMPTIQUJMQFNRGSWLPTIMQFPVKPTIPTIWXNUVLOSHRVKPVKSWLRVKbf[]aVNRGOSHUYN`dYqqk~|yzkneSVMRVKLPEFJ?JNCQUJRVKNRGMQFPTIX\QTXMRVKVZOcg\Z^SQUJNTIJPE_cXkodPTIVZO}cf]_bY`aWz~xdg^Z]TX[R\_V]`W[^U^aXbe\jmdeh_cf]be\gjaeh_\_V^aXsxokpg`e\ejaglcglc^cZ^cZdi`\aX_d[eja^cZch_di`v{r}{^e`081F;'(1$'($*(.#+1&$**0%,2'06+*0%(1$09,07**1$+2%-4',3&.5()/$06+06+8>34:/:@5=C8:@59?4GMB>D9@F;8>3?E:RXMY_TZ^SMQF?C8<@5HLAX^S_eZZ`U]`W_bYTWNILC8;27;06:.:?0@D9=A68<17;09=18<048,48,9=159-9=148,18+-4'8?2=D7;?38<0BF:>B69=1>B6:>29=1AE9;?3@D8BF:7;/?C7;?3<@4>B6=A5:>2@D87;/BF:9=1:>2=A57;/;?3<@4;?3>B6:>248,48,48,6:.9=104(6:.<@4@D8?C8?C8IMBIMBFJ?AE:7;08<1;?3@D89=17;/37+04(7;/48,:>2:>2=A5:>2@D8=A5CG;HL@LPDFJ>AE9>B6;?3>B6BF:AE9>B6>B6BF:CG;CG;EI=GK?CG;?C7MQELPDHL@EG;JL@FHFJ>OSGMQEMQEFJ>BF:IMAIMAFJ>KOCBF:GK?AE9FJ>@D8JNBQUINRFGK?IMAFJ>HL@@D8=A5AE9CG;JNBFJ>DH@D8CE9GK?<@4AE9AE9AE9CG;JNBAE9CG;BF:@D8GK?JNBJNBPTHSWKRVKDH=FJ??C8?C8JNCEI>DH=KODHLAGK@EI>EI>MQFQUJIMBLPETXMTXMNRGMQFLPELPEQUJQUJQUJPTIUYNUYNSWLTXMQUJPTIW[P_cXUYNUYNW[P^bWW[POSHW[PX\QX\QY]RW[PW[P]aV\`UW[PVZO\`U_cX[_TUYNRVKVZO]aV\`U_cXUYNY]R_cXaeZgk`aeZ`dY]aVVZOW[P]aV^bWaeZOSHVZOUYNTXMNRGOSHQUJPTITXMNRGQUJVZOX\QZ^SOSHVZOZ^SSWLSWLQUJW[PTXMW[PTXMNRGOSHSWLNRGRVKMQFZ^SNRGHLAQUJPTIMQFQUJNRGswlnrg@D9FJ?NRGKODLPECGGK@LPEOSHHLALPEOSHQUJNRGJNCHLAGK@FJ?JNCFJ?JNCLPEFJ?NRGIMBNRGDH=PTISWLUYNTXMPTIOSHLPEQUJNRGMQFOSHPTINRGLPELPEMQFRVKUYNSWLSWLY]RUYNIMBmshmshPVKKQFGMBRXMLRGNTIKODHLATXMUYNPTIIMBTXMUYNPTIMQFIMBW[PNRGRVKKODMQFMQFUYNOSHPTISWLX\QLPEFJ?QUJSWLSWLOSHKODJNCKODKODHLALPEJNCJNCHLATXMAE:KODMQFQUJRVKTXMNRGLPEGK@TXMSWLQUJNRGSWLOSHMQFW[PSWLW[PRVKNRGLPEVZOQUJUYN]aVUYNTXMY]RQUJPTIX\QSWLOSHW[PUYNY]RRVKLPEPTIQUJOSHPVKPTIVZO_`V_`VX\QVZOSYNTXMCG3@F;6<1@F;?D;BG>BH=EK@@F;GK@=@7TWN_bY]`WV\QJPE7=2B6=A559-<@49=16:.8<059-9=1<@4>B6?C79=1:>2?C7<@46:.:>2<@4HL@EI=?C78<004(;?3=A5;?38<015)<@49=1?C7CG;EI=EI=<@459-9=1?C7<@46:.7;/59-15)9=1@D89=2=A6>B7BF;=A6@D9@D9EI>FJ?AE:GK@EI>AE::>3@D9@D9IMAEI=<@4CG;FJ>AE9CG;@D8>B6BF:EI=@D8AE9HL@EI=@D8CE9QSGTVJMQEEI=DH=JNCKODJNCCGBF;DH=DH=CGOSHTXMQUJNRGSWLSWLTXMQUJMQFOSHSWLSWLNRGHLANRGQUJPTIPTIRVKRVKOSHLPETXMRVKVZOTXMQUJNRGZ^S`dY_cXKODOSHUYNJNCKODKODLPE@D9LPE\`U_cXSWLRVKOSHW[PPTIQUJPTIUYNW[PKODLPESWLSWLSWLQUJY]ROSHIMBFJ?HLAHLAOSHNRGIMBFJ?VZOUYNHNCCI>IODMSHFLADJ?GMBDJ?LPEIMBHLAJNCKODIMBIMBKODPTIRVKOSHRVKNRGRVKMQFLPEOSHOSHTXMW[PLPEX\Q\`URVKNRGX\QY]RZ^SUYNRVKUYNLPEVZOaeZTXMTXMPTIX\QNRGHLA^dY[aVJPENTIZ`UZ^SZ^SY]ROSHMQFXYOYZPRSIXYOQRH]^Tmnj||z}t}y|svzoqujcg\W[PLPEOSHQUJQUJEI>RVKX\QTXMOSHMQFUYNOSHRVKMQFX\QKODKODLPESWLOSHPTIX\QX[R\_Vpsj}wz}t^aXZ[RVWNzhkbfi`Y\SX[Rfi`Y]ROSH_bY`cZ_bYcf]gjahmdY^Uaf]~svm_bY`cZad[fi``cZ`cZ[`W_d[af]_d[inelqhch_pulglcqvmLWO1<2EMBEMCRYR]a[SWQ\c\\dZS\RW^WU\UJRH3=C8BH=DJ?MSHLQHGLCHNCBH=8>3@D9HKB^aX`cZ`cZTZO9?4@F;NTIY^URWNRWNY^UVZOMQF<@537+04(5B659-7;/<@4;?3:>237+6:.8<06:.8<07;/=A5EI=6:.48,6:.?C7?C7@D8<@5<@5?C8:>2;?3>B6?C7=A58<06:.6:.7;/48,9=1:>29=17;/26*6:.9=17;/:>259-=A5BF:CG;7;/9=159-=A5:>2;?3?C77;/:>27;/<@4=A5<@4>B6>B67;/04(7;/6:.48,9=1:>28<0>B6BF:<@5DH=DH=CG<=A6BF;DH=HLAGK@JNCNRGEI>DH=DH=FJ?=A6JNBFJ>AE9EI=FJ>BF:@D8<@4@D8AE9AE9=A5AE9IMAJNBFJ>CE9HJ>KMAHL@FJ>BF;IMBJNCLPEHLAJNCEI>AE:GK@JNCHLAFJ?DH=DH=EI>CGB7AE:BF:@D8@D8?C7@D8EI=IMAHL@GK?BF:HL@HL@BF:AE9AE9CG;EI=?C7BF:FJ>AE9?C7GK?NRFMQFHLAIMBOSHRVKRVKNRGIMBFJ?MQFKODLPEKODCGOSHLPEKODMQFHLALPEKODPTIPTIKODKODNRGQUJPTIPTIRVKRVKOSHTXMMQFMQFPTISWLSWLUYNPTIRVKMQFGK@JNCOSHPTIOSHLPEIMBKODLPENRGQUJOSHPTIMQFTXMPTINRGNRGTXMRVKVZOKODSWLNRGMQFLPEEI>IMBKODKODOSHSWLRVK[_TRVKNRGQUJUYNQUJRVKOSHOSHNRGFJ?IMBTXMY]RRVKKODMQFQUJNRGLPETXMIMBHLAOSHPTILPESWLOSHLPEHLAOSHSWLKODIMBMQFLPELPEFJ?DH=IMBOSHOSHMQFLPEOSHRVKRVKPTIJNCKODKODNRGNRGY]RQUJLPESWLUYNMQFOSHW[PY]RUYNUYNY]R[_TX\QOSHZ^S^bWVZOX\QX\QZ^SW[PQUJrxmdj_W]RY]RY]RVZOTXMNRGPTIPTI\]S^_UTUKUVLNOE[\Rssm}~uy}|}wtxmbf[SWLOSHLPEKODPTIIMBIMBLPEUYNPTIKODMQFSWLUYNY]RMQFUYNY]RMQFLPEPTILPEPTIZ^SY\SZ]T]`Wpsj}cf][\SYZQ|vilc]`WX[R_bYdh]_cXUXOUXOUXO[^Udg^lqh`e\`e\}wzqhkbfi``cZ_bYY\S[^U\aXbg^UZQY^Ukpgkpgfkbkpguzqvz:E==G;BJ?IQGW\SUYSahaYaWX`VT\RV^TIQG3;0 ("+$- "+%,'.!(/"'.!%,#*'.!+2%)1&)1&)/$06+28-/5*4:/8>328-8>339.:@5MQFUXOZ]TTWNX[R@F;4:/RXM^dYW\SUZQ\a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bf[aeZfg]de[\]STXMNRGQUJRSILMCOPFOPF_`V||v||}y~{~x|~uynZ^SOSHUYNDH=GK@MQFKODPTILPELPEEI>JNCRVKNRGLPEUYNRVKQUJOSHRVKRVKSWLOSHTXM\`UX[RSVMVYPeh_lof^aXtwnwxowzqmpg^aXWZQgk`ei^eh_fi`ad[X[RTWN]bY\aX^cZ^aX`cZcf]hkbcf]^aX\_V`cZeja_d[X]Tnsjtypejaotkmriineuzqhsk;E97?4AI>RWNPULY^UT\RRZPRWN[`WPUL28-!' '$+(/"+4'*3&(1$&/"$- #,&/")2%19.+3(*0%4:/6<1.4).4)17,/5*6:/DH=\`UaeZSVM\_V\_VILCAE:8<137,-1%04(-1%48,5259-15)6:.7;/48,6:.:>2:>2@D8@D89=2?C8@D9@D8:>2:>2?C7DH<9=17;/>B6GK?<@4;?3>B6AE9>B67;/7;/37+9=19=19=104(7;/8<08<07;//3'59-<@4@D8@D8>B6FJ>AE96:.6:.@D8EI=FJ>DH<>B6=A5=A57;/48,48,59-=A5?C79=1@D8?C7=A57;/?C7BF:DHFJ?HLAFJ?MQFDH=>B7=A6AE9@D8EI=AE9AE9EI=@D8AE9IMAJNBFJ>DHEI=OSGDH=JNCFJ?KODIMBEI>NRGNRGHLAMQFMQFBF;DH=FJ?EI>FJ?GK@EI>AE:AE9BF:?C7@D8DH<@D8=A5BF:EI=GK?NRFKOCGK?GK?AE9?C7=A5AE9FJ>IMAIMAEI=DHLPEKODIMBOSHPTIOSHRVKTXMGK@MQFOSHNRGQUJMQFRVKOSHMQFMQFTXMOSHNRGLPEMQFGK@DH=JNCLPEJNCLPEQUJY]RimbUYNOSHKODKODHLAOSHLPEJNCOSHSWLRVKQUJMQFJNCMQFLPEOSHOSHSWLRVKSWLOSHPTIOSHVZOTXMTXMHLALPEPTILPEJNCKODQUJSWLKODGK@LPEPTIRVKOSHNRGOSHPTIPTIRVKTXMOSHOSHTXMQUJVZOSWLVZOSWLKODOSHUYNMQFNRGLPERVKRVKJNCTXM\`UTXMTXMUYNPTI\`U\`UVZORVKVZOUYNX\Q\`UVZORVKZ^SptiuvlpqgopfcdZZ[QW[POSHQUJTXMVWMVWMTUK^_Uz{}~x{y}~x{zhlaMQFHLAQUJMQFNRGFJ?GK@HLAOSHMQFOSHUYNZ^SPTILPESWLY]RUYNKODTXMVZOVZOQUJVZO_cX_bYZ]Tsvmlofvyp|ilcnqhuvltwn[^UNQHcg\jnc\`Udh]imbdh]_cX`f[Z`UOUJVZOY]R^bWfj_ei^aeZ]aV]aV}y~uX]Tlqhqvm\aXfkblqhnsjW`V)2(?GAF=DI@EJATYP\_Vfj_dh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`UW[PUYNUYN]aV_cXX\QY]RTXMSWL[_T^bW\`U]aVY]RX\QZ^SZ^SX\QY]R]aVei^W[PY]RZ^SVZOX\QW[P^bWW[PY]RVZOSWLRVKTXMSWLRVKW[PW[PX\Q]aV[_TW[PX\QX\QUYNY]RPTIRVKY]RX\QUYNUYNX\QTXMRVKQUJY]RW[PJNCLPEUYNSWLRVKOSHPTIQUJMQFNRGTXMY]Rw{pnrgJNCQUJQUJGK@KODKODLPEKODMQFMQFNRGJNCFJ?GK@NRGOSHMQFNRGMQFLPEOSHNRGEI>NRGMQFSWLRVKPTIQUJGK@LPEMQFNRGQUJPTIOSHQUJTXMKODNRGJNCDH=KODOSHSWLOSHPTISWLX\QNRGKODIMBLPEHLAIMBOSHLPEIMBOSHW[P^bW`dYNRGJNCJNCKODKODRVKOSHRVKUYNSWLRVKRVKNRGKODIMBNRGMQFOSHLPEOSHNRGPTINRGQUJVZOPTIRVKMQFSWLRVKLPEQUJRVKVZOVZOOSHJNCLPEPTINRGNRGOSHQUJRVKRVKRVKSWLJNCOSHVZOPTINRGIMBOSHRVKPTILPETXMQUJMQFNRGW[PPTIORISVMWZQTWNY\SZ]TQTKX[RTWNVYPRUL^aXZ]Teh_fi`ad[cf]orix{rpqhlmdhi`UVMMNETXMLPEMQFOSHPTIOPFOPFUVLtrjx}z|x{r[_TIMBKODOSHLPENRGIMBNRGOSHTXMNRGMQFY]RSWLNRGQUJPTISWLX\QSWLOSHTXMRVKOSHSWL_cXhkbilcorisvmrulqtkVYPVWMy}wcf]Y\S`dYei^TXMaeZlpeimbbf[`f[dj_ag\`dYdh]gk`cg\[_TTXMY]RaeZy~u~zine\aXrwnaf]W\Snsjjofqvmqvmtxr9A:3;1HMDPVKOUJY_THPFIODJPE9?4'-"% '!(&- +2%,3&-4',3&*1$(/"$+ '&.#(0%)/$,2'.4).4)4:/5;006+6<1/5*5GLCTYPUZQ^aXosh[_T48-<@5QTK_bY_bYTWNgk`RVKKODJNC4://5*/5*37+59-26*59-9=1;?359-8<08<09=1AE9?C78<07;/59-7;/=A5=A56:.37+59-9=17;/9=115)<@47;0AE:<@5?C7=A5:>2AE9:>2>B6<@4<@4:>28<0<@4<@4;?3:>28<0=A58<048,<@4;?39=1/3'48,8<09=1<@4>B6=A58<06:.8<0;?3=A5@D8AE9<@49=1>B6>B68<09=1>B6=A5=A5:>29=1?C7AE9>B6?C7<@4@D8=A5>B6;?3<@4FJ?KODOSHJNCNRGJNCKODIMBGK?GK?HL@DHLPDGK@LPEEI>EI>NRGKODEI>GK@JNCKODGK@MQFFJ?EI>JNCMQFIMBFJ?HLAFJ>GK?CG;>B6@D8EI=EI=CG;?C7CG;FJ>@D8?C7@D8@D8FJ>JNBGK?HL@LPDIMABF:CG;HL@BF;IMBKODFJ?EI>GK@GK@FJ?MQFMQFJNCKODJNCQUJIMBMQFSWLLPEMQFLPEW[PSWLQUJJNCNRGRVKTXMRVKOSHNRGNRGOSHVZOVZOVZOUYNOSHUYNTXM[_TSWLVZO_cXY]RX\QUYN^bW^bWX\QW[PUYNW[P_cXbf[]aVX\QUYNVZO\`U\`UZ^SZ^S[_T`dYZ^SX\QX\QW[P\`U[_T`dYW[PX\QZ^SZ^SVZOZ^SaeZ]aV\`UW[PW[P\`UX\QTXMW[PW[PY]RSWLOSHPTIRVKY]R\`UVZOSWL]aVSWLNRG[_TaeZX\QRVKNRGRVKQUJKODOSHSWLOSHPTIPTIRVKSWLUYNLPEMQFKODMQFGK@NRGPTIOSHRVKPTIRVKLPEHLAQUJVZOUYNPTIOSHQUJQUJQUJNRGMQFMQFGK@MQFSWLQUJMQFKODJNCKODKODIMBIMBKODLPEMQFKODNRGMQFFJ?KODRVKMQFNRGW[PW[PTXMKODMQFKODLPEIMBPTIMQFFJ?GK@PTIRVKLPELPEPTINRGHLAQUJOSHNRGQUJRVKTXMMQFMQFQUJQUJRVKOSHLPENRGRVKHLAJNCMQFQUJFJ?RVKOSHIMBPTIQUJOSHOSHOSHUYNUYNVZOVZOSWLMQFKODMQFJNCIMBJNCOSHTXMVZOSWLOSHMQFOSHQUJLPEKODKODPTIRVKVZOSWLPTINRGSWLSWLQUJOSHNQHQTKTWNVYP^aX`cZ[^U_bY^aXgjaeh_svmoriy|svyprulqtkuxojmd[^U_bYcd[WXOSTKX\QQUJOSHKODLPEIMBRSIXYOTUL|}t{}{}{~wzqX\QMQFSWLSWLQUJLPEIMBBF;IMBLPESWLQUJRVKMQFKODJNCKODRVKZ^SMQFLPESWLSWLSWLUYNZ^Scf]be\SVMmpgnqhzbe\OSGde[svmjmd`dY_cXY\Scf]jmdknehkb\aX_d[^cZhkbdg^cf]`cZbe\`cZcf]dg^W\Smrikpg`e\ejadi`Z_Vaf]di`ine~gnk>E>27.DJ?KQFHNC>D98>35;0(.#'.!")'.!")%,(/"+2%-4'-4'+2%+2%*1$)0#4<108--3(28-4:/06+39.4:/5;08>339.EI=<@47;/7;/04(8<0<@47;/9=19=1=A57;/9=137+8<08<1<@5>B7BF::>2;?3?C7:>2>B6@D88<09=1:>2?C7;?37;/6:.48,9=18<07;/>B6<@48<0/3'6:.:>259-8<09=1;?3;?3:>2=A5>B6AE9>B6<@4?C7?C78<06:.=A5>B6@D8=A5=A5:>27;/>B6AE9;?3?C7>B6@D8;?3?C7;?3;?3GK@KODOSHFJ?GK@JNCNRGGK@DHEI=FJ>GK?GK?LPDMQE?C7GK?EI=KOCIMAAE9EI=?C7BD8FHFJ>HL@EI>GK@CGBF:CG;CG;BF:CG;DH<>B6AE9CG;?C7AE9DHHLAGK@DH=GK@QUJMQFJNCFJ?JNCQUJKODMQFNRGMQFMQFLPEKODIMBJNCLPEKODNRGOSHOSHOSHNRGLPEIMBLPESWL[_T]aVTXMUYNRVKY]RRVKW[P\`UX\QRVKQUJVZOUYNUYNRVKRVKVZOZ^S]aVX\QPTIUYNW[P^bW[_TZ^S]aVX\QW[P[_TX\QW[PW[P\`UX\Q\`UTXMSWLX\Q^bWX\QY]R]aVVZOVZOX\QSWLW[PSWLQUJVZOUYNW[PW[PSWLPTIOSHX\QX\QJNCKODRVKSWLSWLY]RW[PSWLVZOUYNNRGNRGNRGNRGSWLTXMRVKTXMSWLKODTXMSWLHLAIMBVZOIMBOSHRVKPTIRVKNRGRVKNRGNRGUYNSWLQUJNRGKODLPEOSHOSHRVKX\QPTIKODLPEPTIOSHNRGPTIIMBJNCKODEI>FJ?KODIMBJNCJNCIMBPTILPENRGX\QIMBNRGW[PTXMQUJMQFPTIKODNRGSWLVZOJNCJNCSWLTXMQUJFJ?GK@LPENRGKODTXMOSHMQFPTIJNCMQFGK@JNCOSHPTISWLPTIMQFSWLX\QQUJNRGSWLTXMIMBMQFLPEKODOSHQUJIMBNRGTXMKODKODKODPTITXMRVKOSHPTIMQFLPEKODNRGSWLUYNSWLQUJTXMQUJKODKODMQFSWLRVKQUJSWLUYNMQFNRGVZOW[PQUJVZOVYP^aXeh_lofnqhknepsjsvmpsjwzqtwn~x|v}w{~u|v~zqvmloflofilceh_^aXSYNNTINRGKODOSHJNCLPEJNCIJ@TXM|u~z|xy|sy~x}x{rVZOHLAMQFIMBGK@FJ?LPEHLAJNCKODNRGDH=MQFSWLRVKGK@PTIVZO[_TIMBLPERVKRVKW[PZ^SY]R]`WY\SX[Rdg^ad[uzq[_SRSI{qtkilcbf[fj_lof_bYPSJTWNdg^[`W]bY\aXx{rcf]X[R\_VtwnwzqkneX[RUZQ}yine`e\^cZ`e\mrilqhch_lqhlrmBF@6<1FLAEK@39.'&"%.!!*&/"'!*)0#,3&-4')0#&- (/",3&.5()1&3;05;017,.4)06+5;006+-3(7=2>D9AG<@F;39.490FKBRWN`e\`e\_bY@D98<1@D9RVK^a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cX^bWUYNY]RTXM[_T[_TW[PTXMUYNdh]Y]RW[PX\QX\QZ^SUYN\`UX\QRVKRVKX\QUYNTXMTXMQUJ\`UY]RRVKUYNQUJQUJW[PRVKRVKOSHNRGQUJSWLY]RSWLIMBY]RPTISWLQUJRVKRVKX\QaeZ]aVNRGOSHX\QQUJQUJUYNNRGVZOOSHPTIIMBHLAVZOOSHOSHTXMLPEOSHLPEMQFGK@NRGNRGSWLOSHKODOSHSWLPTIOSHQUJPTIOSHX\QMQFQUJNRGJNCJNCQUJTXMJNCMQFPTIHLAJNCPTILPENRGIMB?C8JNCJNCNRG]aVMQFPTISWLMQFRVKSWLQUJIMBQUJKODLPE?C8KODUYNJNCKODMQFNRGAE:HLAPTITXMOSHTXMRVKPTIVZOQUJRVKTXMPTIRVKNRGMQFPTIRVKUYNJNCPTIRVKQUJMQFPTIOSHLPERVKMQFSWLTXMYZPWXNUVLYZP^_U[\RTUKSTJUYNTXMQUJOSHNRGPTISWLVZOTXMSWLMQFOSHKODQUJMQFMQFLPEPTINRGTXMSWLY]RY]R`dYcf]mpguxoz|vuxoz}tx{r{~u}wy|s}w{z}t{~u|~}y}y}y|s{~urulhnc[aVQUJJNCSWLQUJRVKJNCQUJEI>dj_}y|{{~uyuxo}wz}t[_TJNCNRGKODEI>IMBKODNRGEI>NRGMQFCG5LOFX[RY\SWZQW[PZ^SDH=37+.2&7;/7;/15)15)6:.8<0;?38<0-1%,0$04(9=18<07;/15)8<0>B648,6:.26*04(6:.7;/6:.9=1;?3?C704(48,7;/=A5=A57;/@D8@D8AE9@D8;?3=A5BF:CG;8<0HL@GK?;?3:>2<@4;?3<@4AE97;/8<048,48,59-;?337+9=1@D8<@4=A526*6:.8<0,0$/6)29,8?2=D7=D7:A49@3;B5?C7>B6?C7@D8<@47;/8<0=A5?C7;?3>B6?C7?C7@D9?C8DH=PQGOPFNOEGH>MNDKLBNOEMNDKODEI>JNCHLAHLAFJ>AE9FJ>DF:FHBC9BC9GH>HI?CG;DHJL@GI=DF:JL@JL@MOCCG;HL@HL@HL@DHOSHMQFJNCPTIQUJMQFOSHPTIKODJNCHLAOSHMQFPTIMQFORIPSJRULQTKFI@LOFORIX[RX\QLPELPELPEJNCOSHSWLW[PMSHQWLMSHRXMNTIKQFBH=HNCNRGQUJNRGPTIJNCIMBZ^S_cXQUJQUJKODIMBHLAKODPTIJNCFLAHNCHNCMSHIODGMBOUJIODKLBIMBKODFLAPVKLPENRGSTJOSHKODIMBMQFQUJQUJRVKTXMOSHMQFRVKX\QTXMOSHNRGPTIOUJJPEEK@MSHFLACI>U[PPVKMQFIMBQUJJNCDH=LPERVKX\QW[PUYNMQFQUJY]RVZONRGSWLRVKTXMVZOJNCKODPTIW[PPTIQWLPVKSYNRXMOUJ[aVSYNPVKJPESYNQWL]bY`e\lqhglcmri|rul{~u|vvyp}w{~ux{ryz|x~vz{r}}||vvyp}{z}twzqlmd^_VVYPSVMKPGEMCGMBKQF]cX|u|uzzuxo{qtk]aVRVKLPEHLAHLAIMBHLANRGOSHTXMNRGJNCJNBLPDKOCQUJKODQUJRVKUYNUYNKODPTIUYN^bWgk`bf[`dYgh^[\R`aXyzq}ejaZ]TNOF|xlqh\aXV[R_d[X[RY\SWZQad[^aXmpgbe\\_V_d[X]T\aXglc`e\af]nsjdi``cZbe\knebg^joffkb_d[bg^qxqjqj[b[mtm¿msrBID@H>BH=-6) )!%( ) )!* )$- )2%'0#.6+(0%)1&+3(+1&-3(-3(17,28-/5*17,06+7=2>D9>D97=2CI>BH=V[R[`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`U[_TVZOX\Q]aVVZOSWLVZOUYN\`UZ^S\`U`dY^bWVZOUYNX\QUYN]aVVZOW[PUYNRVKPTIVZOW[PSWLY]RUYNSWL\`UZ^SVZO]aVcg\X\QX\QSWLZ^S^bWSWLSWLRVKVZOTXMUYNPTIVZOW[PY]R]aV]aVSWLQUJTXMTXMUYNNRGUYNRVKQUJSWLOSHPTIW[PVZOJNCPTIPTINRGPTIQUJPTIRVKLPERVKOSHJNCJNCOSHQUJRVKMPGHKBNQHNQHLOFLOFORITWNRVKHLAKODNRGOSHTXMTXMSWLNRGPTIKODPTIQUJPTIJNCPTISWLLPEKODKODKODKODIMBFJ?QUJNRGIMBHLAHLAJNCPTIMQFJNCJNCSWLFJ?CG3IODKQFZ_V[`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`UUYNW[P[_TY]RVZO]aV]aVTXMW[PVZO[_T]aV[_TW[PW[PX\QW[PTXMOSHPTIUYNQUJRVKVZO\`UTXMPTIQUJVZOW[PW[PZ^S[_T^bW[_T`dYTXM[_TX\QSWLVZOW[PZ^SZ^S\`UTXMVZOSWLSWLW[P\`UX\QUYNUYNVZOVZOOSHUYNMQFNRGNRGOSHTXMQUJKODPTIQUJQUJPTINRGNRGNRGPTILPEPTIMQFSWLQUJPTILPEW[PORIGJAPSJPSJRULLOFPSJUXORVKLPEOSHQUJSWLVZOQUJLPERVKPTIKODMQFMQFLPEFJ?HLAJNCEI>NRGLPEJNCLPEFJ?IMBKODIMBFJ?IMBIMBHLALPEIMBNRGPTILPELPEMQFKODNRGQUJTUKSWLW[PQWLMSHJNCNRGPQGW[PSWLOSHPTIQUJQUJNRGKODNRGOSHQUJRVKQUJSWLRVKMQFFJ?LPERVKKODHLANRGMQFLPEPTISWLLPEPTIKODW[PMQFOSHNRGNRGVZOMQFSWLIMBPTIPTISWLFJ?HLAX\QX\QPTIQUJ[_TX\QW[PW[PSWLY]RX\QSWLVZOY]R]`Weh_{~uz}ty}w|{~utwnyzx{ry|sz}tz{~uwzqwyzq~vwyw~|}~u}{~u{~uz}ty|syz~vw}~uvypmriW\SVYPY\S}y}wyz}t~x}w[_TNRGRVKQUJGK@LPEKODNRGIMBJNCFJ?EI>FJ>FJ>GK?LPEJNCNRGPTIPTIRVKMQFZ^SX\QHLAIMBZ^SJNCZ[Qef\cd[dg^}cf]KLC]^Uuxolofdg^ilc]`WQTK^aX^aXfi``cZZ]TY\SX]T_d[^cZ_d[ch_ejaglceja]`Whkbilc[`Wbg^ejaejajoffkbdi`cgatxrJQJ5>1"+!*&/"#,(!()0#(/"&- +2%)0#%+ (.#*0%+1&*0%06+4:/5;0;A6B68<06:.48,8<09=137+:>2<@4CG;;?3=A58<059-8<0<@4CG;>B69=1>B6?C79=19=1<@4:>2:>2<@4?C7DH2=A5=A5AE9:>2?C7@D826*:>2?C7=A5:>2;?3>B6@D89=1?C7CG;AE9=A5<@4?C7AE9=A58<09=1:>2@D8EI>AE:@D9GH>LMCLMCSTJWXN]^T\]S^_UVZO]aV]aV`dYOSHLPD@D8CG;HJ>JL@MOCLMCIJ@JKAMNDKLBDHCG;FJ>HL@NRFHL@AE9BC9MNDGK@BF;IMBKODHI?KLBJNCIMBGK@GK@HLAFJ?BF;@D9CE9@B6BD8EG;BD8AC7DF:FHCE9FHGI=KMACE9HJ>IK?DF:EG;CE9LNBIK?EG;EI>EI>JNCEI>EI>@D9HLALPEGK@GK@KODIMBDH=IMBSWLTXMEI>HLADH=KODMQFIMBLPEIMBNRGIMBMQFNRGMQFNRGLPENRGTXMMQFPTIUYNUYNSWLSWLQUJVZOY]RY]RY]R^bW]aVVZOVZOSWLW[PX\QW[PX\QW[PW[PY]RTXMSWLQUJVZOPTIQUJOSHSWLUYNSWLX\QUYNNRGVZO^bWY]RY]R_cXdh]X\QX\QUYNUYN^bW\`UZ^SY]R^bWY]R]aVZ^SVZOTXMY]RY]RVZOTXMW[PW[PPTIW[PNRGSWLQUJRVKZ^SRVKJNCTXMRVKSWLTXMRVKRVKRVKRVKTXMVZOTXM]aV`dY[_TSWLY]RMQFMQFZ^SY]RUYNNRGMQFPTISWLQUJTXMQUJPTIQUJLPEJNCRVKPTINRGPTIQUJPTILPELPEKODKODRVKNRGEI>EI>GK@MQFKODGK@EI>JNCIMBFJ?IMBHLAIMBLPECGLPERVKSWLNRGSWLUYNNRGIMBMQFPTIUYNPTILPEKODNRGPTINRGKODPTIJNCLPERVKRVKPTIPTIPTISWLPTIJNCIMBRVKTXMNRGLPEOSHVZOPTIQUJKODQUJKODQUJLPELPETXMMQFPTINRGW[PUYNSWLKODIMBTXMPTIQUJTXM^bWUYN\`U\`UQUJW[PQUJPTIRVK_bYx{r{~uz|zxztx{rvyp|zy|sx{rz}t~vwxoy{x|}t~vwz{r{y~xx{r~x|yz}tyz~y~x~typorikne|vy|s~x{~u|~x{~u\`UJNCKODFJ?HLAJNCHLALPEJNCMQFFJ?CGFJ>KODLPEOSHMQFHLAEI>RVKZ^S]aVMQFLPE]aV_cX\]SjncmpgjmdmpgNQHMNEbcZ|uxofi`ori`dYaeZcg\ei^ei^SWLbf[_cXZ^S`dY`dY_cXcg\imbgk`_cXY\Sjmdbe\_d[bg^]bYjofotknsjch_~zquox|vV\W:D8=E:3;0$' )$+$ '%,&- $+#*+2%-4')0#-3(.4),2'28-7=2:@5CI>FLA7=28>3>D9FLANTITZONSJFKBEK@9?44:/HLA[^U]`WY\SSVMSWLJNC:>36:/59.7;0/3'+/#,0$.2&48,26*,0$.2&59-59-37+6:.<@49=19=126*37+26*AE97;/59-7;/59-59-7;/59-8<0;?3:>27;/:>215)6:.6:.:>2?C7:>259-<@4>B6:>2<@4;?3<@4<@4;?3>B6EI=BF:7;/=A5:>27;/>B69=1;?3<@4CG;>B6;?3>B6:>2@D8=A5=A5<@49=1<@4<@48<059-7;/:>2;?38<0;?3>B6@D8AE9?C7<@48<08<09=1AE9CG;BF:AE:@D9EI>GH>KLBRSIVWM_`V^_U`aWbcY\`U^bWUYNY]RNRGOSGBF:=A5EG;IK?MOCIJ@CD:EFDF:GI=EG;HJ>BD8=?3FH4+3(,4)#"&")$+%,%, '+2%/6)*1$/3(04)04)6:/;?4>B7FJ?HLA6:/7;0JNCJNCVZOSWLPSJDG>AG<:@5DJ?TXMVYPSVMSVMRULVZOBF;15*48-48-8<104))-"/3'04(37+15)-1%37+7;/15)48,48,9=17;/<@47;/59-.2&79-68,:<0=?39;/57+79-:<06:.9=126*59-8<015)9=19=18<0;?38<06:.9=1:>28<0;?3CG;?C7;?3>B6CG;DH2@B6>@4<>2;=1@B6=A5;?3<@4:>2CG;DH<<@49=19=1:>2:>29=18<08<09=18<0DH2<@4>B6>B6=A5:<09;/AC7EG;EG;CD:BC9JKAHI?OPFYZPYZP`aWZ[Q`aWde[aeZaeZRVKQUJFJ?GK?AE9<@4DF:GI=JL@GH>DE;GH>JKAGH>NPDJL@JL@BD8GI=EG;JL@HJ>JKAIJ@KODGK@?C8BF;HI?BC9JNCHLAKODMQFHLACGDE;JKAOPFLMCMNDLMCIJ@CD:>B7FJ?NRGPTINRGOSHLPEEI>HLAKODLPEPTIRVKPTIPTILPEMQFQUJMQFIMBQUJQUJMQFZ^SSWLSWLSWLW[PRVKTXMTXMUYNX\QRVKSWLY]RVZOVZOZ^SQUJZ^SX\QW[PW[PUYNRVKTXMX\QSWLVZOQUJNRGPTIW[PUYNTXMQUJPTIMQFLPEQUJVZOVZOVZOX\Q[_TX\Q[_TX\Qbf[\`UX\Q_cXZ^SZ^S]aVQUJUYNY]RY]RW[PRVKTXMPTIOSHY]R[_TUYNTXMPTITXMPTIJNCMQFQUJQUJNRGNRGMQFOSHRVKRVKOSHLPEOSHTXMZ^SOSHPTIOSHRVKKODSVMSVMRULTWNORIWZQPSJMPGMQFQUJW[PSWLPTIMQFKODQUJSWLMQFMQFJNCIMBHLALPEJNCPTIPTIGK@IMBHLAGK@PTIJNCIMBHLAHLAOSHNRGKODOSHNRGLPEMQFMQFIMBJNCKODIMBJNCQUJPTINRGQRHMNDNRGNRGNRGMQFKODNRGSWLVZOSWLNRGKODPTIQUJSWLQUJLPELPEMQFIMBGK@SWLMQFTXMSWLGK@RVKX\QVZOTXMOSHOSHQUJLPEPTIRVKUYNW[PUYNTXMRVKSWLPTINRGVZOOSHMQFUYNVZOW[PTXMRVKTWNSVMPSJTWNX[RUXOgja}w~z|vz|v|~~z{~uz}t{~u}w|vy|s}w{|wz~yzqx}wy}y|vw|{|z}t{|s}~u}~u{~}~v~v|}t}y|vz{r}y~vgh^TUKVWMSTJOSHRVKOSHNRGGK@JNCJNCMQFBF:FJ>PTHPTIMQFJNCPTIQUJKODOSHIMBRVKJNCIMBFJ?NRGVZOW[PZ]Tbe\dg^xypjmd[^UPSJLOFtulvypeh_\_V[^UY\S]`WorikneknekneZ]T`cZilcad[X[RY\S_bY]`W\_Vfi`_d[`e\typjofeja^cZfkbpuly~ukpgz~xjql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`UZ^SUYNVZOX\QSWLVZOX\QTXMNRGTXMTXMTXMUYNW[PKODLPEPTINRGSWLZ^STXMTXMW[P[_TZ^SSWLY]R]aVUYNW[PTXMZ^Sbf[VZOY]RZ^SW[PX\QTXM\`UW[PNRGRVKQUJNRGW[PQUJNRGRVKRVKSWLUYNOSHSWLW[PTXMQUJSWLSWLOSHNRGRVKLPEPTIRVKMQFLPEQUJPTIVYPORINQHMPGORIWZQUXOSVMSWLTXMUYNRVKRVKOSHJNCRVKRVKLPEOSHMQFOSHNRGSWLNRGQUJQUJOSHMQFHLAHLALPEJNCBF;DH=GK@NRGNRGJNCLPEHLAQUJSWLJNCSWLQUJJNCTXMPTITZOQUJKODSTJPQGKODHLAOUJPTIKODJNCNRGOSHLPELPEOSHPTISWLVZOSWLLPEJNCLPEJNCSWLNRGIMBW[P\`UQUJRVKY]RVZOPTIJNCTXMQUJMQFOSHPTIPTIRVKQUJLPEQUJOSHPTITXMMQFLPENRGNRGPTIQUJSWLOSHORIRULQTK^aXcf]ilcx{r}~}yvxr|~}w~{{|vz}t}}w|}t|}t~{|v{~uz|vtwny|s|xxy}wy|szx~|t~v~v~~}z}~x{|swtukXYORSIOPFFJ?LPEMQFOSHHLAKODIMBKODEI=IMASWKPTIMQFHLAPTISWLTXMFJ?CG3@D9DH=UYNVZOOSHQUJKNEILC3-1&15*8<17;059--1%-1%04(/3'15)15),0$*."15):>259-37+-1%04(04(57+=?39;/35)8:.=?39;/57+8<059-6:.8<048,7;/.2&8<026*37+;?3@D8=A59=1:>2;?3<@4@D8<@4:>2@D8>B69=1=A5;=1<>2<>257+=?3=?3?A5;=18<0:>2:>29=17;/;?348,BF:BD8@B6>@4>@4=?3<>2?A5CE9@D8<@4<@4@D8CG;@D8=A5>B6HJ>>@4?A5BD8AB8AB8HI?YZPYZPXYOSTJZ[Q\]S_`VXYOYZPVZOVZOKODFJ?FJ?EI=JNBCG;GI=IK?KMAIJ@HI?JKAHI?@A7HJ>FH<@B6DF:?A5@B6=?3AC7FG=FG=FJ?GK@HLAGK@GH>EFBF;IMBPTIJNCEI>GK@HLAGG;DF:FH@4AC7HI?HI?EFKODHLAJNCEI>EI>DH=GK@FJ?FJ?LPEJNCVWMTUKYZPPQGLMCWXNUVLPQGIODPTIIMBKLBJKANRGKODOUJQUJJNCHLALPEMQFIMBJNCPTIQUJPTIUYNW[POSHHLAJNCOSHQRHMNDOPFPQGRSISTJQRHSTJSWLPTIJNC]aVQUJNRGOSHRVKMQFSWLW[PNRGVZOJNCMQFQUJTXMQUJPTIGK@PTIZ^S^bWQUJNOFXYPUVM_`Wef]wxoz}~u~~}{||~x~x}wyrul}u|}twstkz{r~}uxo|z}t~x{}xwz}t}{{}uijaopgy|zzy~~x|}t{|s{|rfg][\RPQGHLAJNCHLAJNCGK@LPEJNCJNCHL@HL@OSGLPEMQFKODRVKRVKMQFLPEQUJJNCdh]_cXQUJMQFQUJ^bWZ]T\_Vjkbhi`{|s~}rulOSHWZQcd[{~urulfi`_bY_bY[^UX[RWZQ^aX]`WRUL\_Veh_`cZfi`ilcad[UXOlqh_d[[`W|x~zaf]Z_VhmdejahmdlqhgkePWR192!-!'#%")%,'.#**1$)/$7=29?46<1=C87=2-3(;A6BG>PULMRIMRIHMDLOFGJAAD;FI@WZQVYPTXMSWLJNCCG<8<1/6).5(*1$%).2&&*'+-1%.2&-1%+/#-1%26*04(.2&48,.2&04(15)26*15)04(37+6:.<@49=1:>27;/:>28<004(7;/8<07;/9=1:>27;/7;/9=19=17;/8<0>B6:>2;?3;?3>B68<0@D8FJ>BF::>2:>2;?39=19=1=A59=1BF:<@437+;?3=A5<@46:.8<07;/8<0=A5<@4;?3AE9=A559-9=1CG;@D86:.8<0@D8EI==A5?C7@D8EI=@D8@D8;?3@D8>B6:>29=1;?3?C8JNCW[PX\QTXMX\Q]aV[_TZ^SZ^SVZOYZPVWMSTJOSHKODFJ?GK@KODMQFJNCEI>HLAJNCRVKFJ?EI>DHB6?C7FJ>DHGI=GI=BD8FHDF:MOCUWKLNBAC7EG;KMAGI=DF:BD8EG;GI=JL@MOCQSGDH=EI>BF;AE:DH=GK@KODOSHDHB6@D8?C7CG;JNC>B7@D9FJ?CGEI>W[PQUJVZOTXMW[P[_TW[P]aVSWLW[PZ^S]aVVZOW[PPTISWLSWLUYNUYNSWLQUJUYNNRGLPEX\QUYNSWLVZOUYNSWLUYNW[PUYNPTIOSHQUJRVKRVKQUJMQFPTIX\QSWLUYNRVKPTIUYNY]RX\QUYNVZOMQFOSHQUJW[P\`UW[PZ^SX\QSWLVZOZ^SUYNVZOMQFVZOSWLTXMNRGOSHOSHMQFTXMRVKOSHSWLSWLSWLSWLOSHMQFSWLTXMOSHTXM\`UX\QNRGMQFRVKNTIHNCCI>HNCPVKOUJHNCCI>HLANRGQUJX\QTXMNRGRVKLPEQUJUYNZ^SW[PTXMFJ?KODY]RTXMQUJOSHFJ?IMBOSHGK@FJ?JNCIMBNRGOSHOSHJNCRVKKODOSHHLAJNCFJ?JNCFJ?JNCGK@HLAKODY]RQUJSWLQUJKODIMBMSHRXMBH=GMBKODX\QQUJNRGTXMTXMMQFEI>KODNRGIMBNRGJNCNRGNRGNRGEI>MQFSWLY]RPTIOSHKODIMBNRGVZOTXMLPESWLPTISWLSWLMQFNRGRVKLPENTINTIGMBOUJKQFMSHPVKMSHOSHMQFLPENRGIMBUYNrvkY]RNRGX\Q\_Vgjax{ry{|yz{rzz|z|y~xx{r}vxv{|rpoeedZeg[ceY^`TbcYsrh~tzyorqgu}}~ty~}|x{||z{|sx]^UZ[R~|tx~~||||v}wkne[^UMPGNRGJNCOSHRVKJNCEI=FJ>DHJOF{~u{rulsvmbe\bf[kod`dYSXOX]TZ_VV[RX]TV[RRWN\aXag\ag\ag\jpeek`ag\]cXek`fkbch_mriineejadhbeicswqĿcje9B8*'.!$!(%&.5(-3(5;0:@55;039.28-28->D9PULKPGRWNKPGHMDBE<7:1HKBKNEX[RY]RTXMKODAE:9=215*'.!,3&(/"!%+/#-1%-1%,0$.2&04(.2&-1%37+8<059-26*26*.2&,0$04(37+15)48,>B6;?39=17;/15)6:.:>237+7;/:>27;/8<0:>29=17;/6:.48,;?36:.:>28<09=19=1CG;BF:=A5>B6:>28<0;?3<@4<@4AE98<06:.<@4@D87;/37+;?3=A58<0<@4:>28<0<@4>B6<@4>B6:>2;?3?C7@D8?C7?C7?C7>B6EI=AE9CG;BF:EI=@D8@D8;?38<0=A5;?38<0=A5EI>KODOSHSWLRVKX\Q\`UX\QVZOTXMOSHXYOUVLUVLUYNUYNPTIMQFMQFSWLJNCHLAPTILPEJNCBF;IMBCG;BF:AE9AE9AE9CG;EI=EI=IK?GI=CE9JL@AC7FH?A5EG;HJ>KMACE9HJ>JL@OQELNBEI>HLAHLAGK@HLAJNCLPEQUJEI==A5GK?AE99=1=A5CG;AE9CGB7CGMQFMQFRVKPTIKODQUJ^bWhlabf[VZONTIKQFFLADJ?IMBNRGFJ?KODQUJPTITXMEI>IMBRVKFJ?OSHPTINRGLPERVKMQFQUJQUJRVKQUJPTIMQFJNCKODOSHQUJPTINRGPTIKODLPETXMRVKIMBHLAFJ?NRGMQFOSHMQFQUJTXMKODOSHRVKUYNW[PNRGOSHkod`dYTXMY]R\_Vhkby|s|{z}t}}~u~v|}ty}xyzqwzq~xzyzppqgef\STJNOERVJTVJRTHUVL\]S^_U^]S_^T]^Tgh^mndwxoy{}~y~x{y}wZ]TLOFmnez{}{}w~x{|}wx{r_bYRULQUJGK@IMBPTICGDHF;HPEUZQQVM\aXLQHCH?6;2690ILCX[RRVKPTIKODGK@BF;26+$('.!)0#&- "&,0$.2&-1%,0$/3'04(15)04(15)48,37+-1%/3'48,.2&(, /3'37+48,9=18<08<048,.2&59-:>259-6:.7;/59-8<0;?3;?3:>29=17;/;?348,9=16:.48,7;/DH2AE97;//3';?3;?3;?3@D8=A59=1<@4?C7>B6<@4AE9DHB6?C7:>2<@4:>2<@49=1>B6;?38<0<@4DHGI=BD8KMAAC7GI=DF:IK?GI=KMAOQEKMAFHJL@FHB6GK?IMAFJ>?C8DH=IMBKODJNCJNCJNCJNCGK@EI>DH=JNCEI>GK@JNCOSHPTIMQFLPEGK@MQFOSHGK@TXMUYNTXMVZOW[PVZO^bWZ^SW[PTXMZ^STXMRVKRVKUYNRVKVZONRGQUJUYNY]RUYNTXMVZOMQFLPETXMTXMMQFOSHX\QY]RRVKUYNRVKRVKX\QVZOKODGK@NRGY]R[_TW[PPTIQUJUYNVZOW[PX\QX\QTXMTXMUYNX\Q[_TY]RZ^SY]RW[PY]R\`UW[PW[PSWLUYNTXMVZOSWLPTIRVKSWLX\QUYNUYNSWLPTIRVKY]RZ^SSWLUYNOSHPTIUYNTXMPTIOSHPTIEI>KODNRGQUJTXMUYNTXMUYNPTIMQFRVKRVKY]RW[PUYNSWLMQFQUJ_cXTXMPTINRGUYNEI>UYNPTILPEGK@KODNRGIMBJNCLPEOSHOSHIMBJNCKODQUJHLAMQFKODLPEFJ?IMBMQFPTIJNCJNCY]RSWLX\QSWLZ^Scg\bf[ek``f[ek`[_Tbf[cg\QUJPTIOSHUYNY]RLPENRGUYNNRGRVKMQFMQFMQFPTINRGQUJNRGIMBMQFIMBFJ?GK@IMBJNCLPEOSHNRGMQFGK@JNCSWLPTIHLAIMBJNCQUJQUJMQFNRGPTIUYNNRGPTIRVKOSHSWLTXMNRG^bWZ^SMQFSWLeh_wzq~x{~~~x~xy|vy~x}wy{vwm^_UUVLOSHIMBQUJLPDJNBIMBMQFPTIOPFQRHZ[QXYPPQHTULde\yzq{z|~zz{kneUXOVWNuvm}~y~}z}t~xy|s|v{~ufi`UXOMQFDH=FJ?NRGDH=IMAJNBBF:IMBNRGRVKSWLTXMX\Q]aV_bYTXMQUJPTIHLADH=HLAFJ?DH=UVLXYOuynswldg^]`WabYotkejaY\S_bY~xvypknefi`ad[oshv{rbg^]bYUZQRWNV[R[`WX]TY_Tbh]]cXY_TY_Tci^ag\^dYdi`glclqh}kpg`d^hlfz~xZaZ9@9$,"*2(19.*2'#,'0#49*:?0?F96=006+9A6HPEV^STZO[aVci^X^S@F;06+?E:GMBSWLKODOSHGK@<@59=204(+/#-4''.!$+*."/3'(, '+.2&,0$*."04(48,-1%)-!,0$-1%.2&7;/15))-!04(37+15)59-59-6:.26*04(6:.7;/26*37+48,59-:>2=A5;?3:>2<@4=A58<06:.<@47;/59-:>2BF:8<0;?3:>2@D8GK?GK?=A58<0<@459-;?3<@4;?36:.8<0@D8;?3>B6AE9@D8>B6?C7BF:@D8>B6AE9@D8=A5<@4<@4;?38<09=1?C7?C7?C76:.9=19=1=A5=A5?C7;?38<0=A5GK?NRGTXM]aVOSHOSHPTIRVKTXMW[PUYNPTIOPFTUKYZP[_T\`U]aVaeZei^Z^SOSHNRGLPEGK@NRGJNCAE:DHLNBPRFKMAEG;EG;IK?KMAGI=IK?CE9HJ>CE9MOCRTHHLAGK@DH=GK@LPEKODEI>CG2@D8EI=JNBBF:GK?HLA?C8GK@IMB>B7DH=LPE?C8JNCHLAIMBOSHGK@JNCLPENRGMQFJNCLPEFJ?PTIKODHLAQUJRVKTXMX\QX\QVZO]aV\`UUYNZ^S]aVVZOOSHVZO]aVTXMOSHSWLTXMTXMSWLRVKUYNW[PPTIUYNSWLRVKRVKTXMUYNVZOUYNX\QTXMQUJSWLUYNPTINRGSWLSWLVZOSWLOSHRVKVZOW[PW[PVZO\`UVZOUYNUYNUYN[_TW[PUYNX\QW[PX\Q^bWVZOY]RPTIVZOSWLX\QQUJMQFPTIOSHVZOW[PRVKPTIPTIPTIX\Q\`UVZOSWLRVKQUJNRGMQFQUJPTIIMBLPEOSHOSHPTITXMUYNSWLRVKNRGEI>LPEOSHLPESWLOSHOSHLPEZ^SY]RQUJIMBLPELPEPTIQUJOSHJNCGK@NRGUYNRVKNRGKODRVKQUJKODEI>EI>MQFKODKODLPEMQFIMBEI>GK@MQFMQFLPEPTIGK@HLAHLANRGMQFDH=LRGOUJVZOOSH_cXlpe^bWTXMY]Rcg\Y]RVZOTXMMQFQUJJNCGK@NRGSWLPTIKODPTIOSHIMBQUJIMBFJ?LPEPTIOSHLPEMQFRVKIMBKODOSHKODKODPTIPTIMQFLPEMQFJNCPTILPEQUJQUJTXMUYNMQFPTIZ^SRVKY]RVZOTXMY]Rwzq}y|s|v}x{r~xzzz}w|}~uopg_`VQRHLPELPEJNCQUJGK@HLAMQFW[P\`UTXMNRGQUJZ[ROPGUVM\]TbcYmndxyo|y}wz}zv`e\STJij`w|{~x}~|~xy~|vy|scf]VZOLPEFJ?CGD939.FLAPVKMQFEI>GK@>B737,37+/3'04(-4'%,#*.2&-1%$(#'.2&'+%),0$26*.2&-1%15)26*48,37+.2&26*9=115).2&>B637+37+/3'15)59-04(.2&26*8<07;/:>2<@49=18<09=19=1:>26:.>B6=A5>B6>B6AE98<0=A5>B6CG;FJ>BF:<@4<@4>B659-6:.<@48<0:>2BF:@D8=A5>B6>B6?C7AE9AE9AE9AE9@D8>B6>B6?C7DH2<@4?C7AE9@D88<0<@4;?3=A5>B637+=A5=A59=1BF:RVKVZORVKOSHSWLUYNUYNUYNTXMRVKRVKTUKWXNZ[Q[_T^bWcg\gk`imb[_TIMBKODNRGLPEJNCJNCJNCDHCG;@D8DHGI=DF:CE9AC7MOCFHGI=FHDH=GK@LPEKODGK@HLACG;FJ>@D8HL@GK?DH<>B6CG;EI>>B7EI>FJ?>B7DH=LPEBF;HLAJNCMQFRVKJNCLPEHLABF;FJ?HLAHLATXMPTIMQFOSHPTIRVKUYNZ^SX\QSWLX\Q^bWW[P_cXX\QUYNRVKY]RX\QNRGOSHOSHUYN[_TVZOPTIRVKSWLTXMZ^SVZOSWLTXMW[PW[PVZOTXMTXMZ^S[_TX\QUYNRVKTXMZ^STXMW[PTXMRVKUYNX\QUYNQUJQUJY]RUYNTXMSWLRVKX\QSWLPTITXMUYNVZO\`UVZO\`UUYNTXMRVKUYNOSHMQFQUJPTIW[PVZOPTIRVKTXMQUJSWLUYNRVK\`UW[PSWLPTINRGQUJRVKNRGGK@MQFPTIQUJSWLQUJNRGMQFOSHQUJJNCOSHY]Rcg\OSHUYNUYNUYNNRGOSHPTIQUJLPERVKKODIMBIMBPTITXMMQFLPEQUJQUJQUJIMBJNCJNCKODMQFKODLPEJNCLPENRGJNCIMBKODMQFKODQUJZ^SMQFGK@FJ?JNCNRGRVKW[PLPEGK@NRGX\QUVLNOEHLAMQFEI>LPEPTIKODTXMQUJNRGQUJVZOSWLOSHOSHRVKOSHUYNMQFIMBNRGQUJMQFJNCJNCPTIKODPTIUYNNRGLPERVKRVKHLAIMBOSHNRGX\QTXMSWLTXMNRGVZOSWLPTIUYNMQFUYNX\Q]aV^bWz}t~~x{~uy|s}wzz}t~xz}{~u|vvwnYZQRSITXMQUJNRGKQFLRGQUJMQFHLAIMBMQFLPELRGQWLXYPPQHVWNUVMQRHWXNfh\}s}|~xjofUYNSWLuyn|z~|y}wzqZ^SOSHJNCJNC[_TKOCCG;CG;?C7CG;FJ>GK@JNCPTIQUJOSHRVKX\Q[_TX\QUYNY]R]aVY]RY]RZ^SZ^Sef\de\^aXbe\]`Ww{p~ruldg^NQH¹ysvm{~uknehkblqhjof_d[di`af]ine\aXbg^af]W\SNSJSXOV[R^cZX]TQVMY^UV[R_d[\aXkpgvztcgaae_RZP?E:9?4.4)+1&?E:OUJOUJSYNZ]TY\Sch_V[R8=4DI@JOFSXONRGBF;9=215*.2&04(-1%*."$+$+#**."'+'+'+,0$)-!*.",0$.2&15)7;/7;/15)26*04(,0$04(6:.04(.2&:>226*15)+/#/3'37+,0$-1%37+8<048,48,8<09=19=19=159-;?359-;?3>B6CG;>B6?C7?C7>B6@D8FJ>HL@AE9=A5=A5=A5:>259-<@4;?3>B6@D88<0:>2<@49=1<@4?C7<@4;?3>B6?C7AE:EI>CGAE:BF;@D8CG;BF:<@4CG;=A5<@4<@48<0@D8?C79=1@D8MQFTXMVZOX\Q]aV]aVX\QSWLMQFNRGUYNZ[QZ[QYZPZ^S_cXdh]bf[]aVQUJIMBPTINRGJNCHLALPEOSHCG;DHBD8AC7FHKODNRFGK?FJ>MQECG;AE9FJ>BF:BF;JNCKODHLAHLAEI>CGcg\OSHVZOSWLRVKQUJRVKW[PUYNQUJUYNdh]_cXY]RTXM[_TTXMTXMSWLOSHQUJKODRVK\`UZ^SW[PUYNOSHOSHSWLUYNSWLPTISWLY]RW[PPTIRVKZ^S^bW[_TZ^SW[PSWLRVKUYNW[PUYNSWLVZOX\QSWLNRGPTIVZOVZOTXMQUJQUJTXMRVKNRGPTIPTIQUJVZOVZO\`U[_TVZOTXMUYNQUJPTIRVKQUJTXMOSHOSHSWLW[PUYNRVKQUJQUJX\QPTIRVKZ^SX\QRVKQUJTXMHLAHLAFJ?JNCPTIPTINRGNRGLPESWLPTIUYNW[P`dYQUJNRGUYNDH=MQFQUJW[PNRGTXMLPEOSHNRGHLALPEOSHKODLPENRGW[PUYNHLAKODNRGNRGKODIMBNRGIMBIMBRVKQUJPTILPEKODNRGJNCSWLFJ?IMBIMBIMBLPEMQFQUJIMBMQFNRGOPFRSIZ[Q[_TPTIRVKQUJQUJSWLMQFSWLVZONRGPTISWLTXMMQFOSHOSHOSHLPEJNCKODJNCIMBJNCMQFIMBOSHQUJUYNZ^SSWLKODNRGIMBQUJTXMMQFUYNX\QTXMSWLMQFTXMUYNOSHOSHJNCRVKTXMUYNZ^Svyp{z|{~u}}wy~x}wz{~uilcKNEKODTXMLPEJNCNRGQUJFJ?KODNRGOSHOSHKODGNAIPCZ[RQRINOFPQGVWMYZP[\RacWyzq}~zZ^RHL@`dY}~}~u~~~}y}ei^RVKIMBPTIdh]MQECG;KOCBF:EI=GK?FJ>HLANRGTXMVZOW[PZ^SX\QVZORVKQUJSWLLPEOSHaeZef\gh^_`W\]Tilcdg^ei^úwzqlofMRIstkz|v|~x{~uknenqhotkfkb]bYV[Rejafkb`e\di`\aXUZQUZQ]bYW\S]bY[`WQVMW\SY^Ubg^^cZkpguys`d^ĿĿovoZaZFND;@7>C:JPEOSHRVKPSJTWNTWN59.*."&*&*+/#+/# '#*")&*"&+/#+/#*."/3'/3',0$+/#15)59-15),0$,0$-1%+/#,0$26*48,15)/3'/3'15)*."/3'59-04(15)37+26*15)48,9=1:>2;?3<@4;?37;/:>2<@48<0?C7<@4=A5?C77;/7;/?C7FJ>BF:@D8AE9@D8>B6?C7?C7=A5=A5;?38<0:>2<@4;?3>B6=A57;/9=1?C7>B6?C8DH=?C8;?4@D9BF;@D9DH=EI=FJ>DH<@D8IMABF:>B6?C7CG;BF:?C7>B6AE9GK@TXMcg\`dYcg\cg\cg\_cXSWLLPEPTIZ[Q[\R\]SZ^S\`U^bWZ^SSWLLPEOSHW[PNRGNRGLPENRGOSHCG;DH@4>@4@B6AC7BD8GI=IK?BD8IK?KMAIK?HJ>EG;EG;KMAFHIK?JL@EG;HLAJNCKODKODJNCDH=CGFJ>IMACG;@D8LPDDHCGEI>LPEKODNRGJNCKODHLA^bWOSHW[PQUJTXMTXMTXMY]RX\QUYNW[PhlaaeZTXMQUJ`dYTXMOSHSWLRVKOSHTXMQUJSWLQUJSWLVZOPTISWLTXMKODLPEW[PY]RQUJPTIW[PVYPVYPTWNTWNX[RX[RSVMQTKOSHRVKPTINRGQUJSWLQUJNRGRVKTXMW[PSWLPTIRVKQUJSWLPTIMQFNRGQUJSWLX\QVZOY]RVZOVZORVKTXMUYNSWLSWLOSHKODQUJTXMUYNUYNTXMRVKTXMPTIX\Q\`UUYNQUJTXMQUJFJ?X\QPTIHLAIMBNRGNRGLPENRGOSHIMBNRGX\QRVKJNCMQFJNCKODFJ?IMBX\QKODQUJPTINRGMQFQUJJNCKODOSHOSHNRGGK@PTIUYNJNCJNCIMBKODHLAHLAIMBNRGRVKUYNIMBHLAKODSWLRVKNRGNRGLPEMQFLPEKODMQFKODKODQUJSWLWXNLMCNOE^_UVZOIMBQUJLPELPESWLJNCQUJQUJKODNRGNRGRVKMQFNRGJNCKODLPELPEKODLPEOSHRVKRVKGK@OSHQUJTXMZ^STXMKODKODJNCRVKSWLIMBJNCPTIIMBNRGW[PRVKUYNSWLRVKOSHTXMNRGQUJX\Qwzqz}w|}w|v{{ywz{rvwnQTKFI@LPEOSHGK@GK@JNCJNCLMCNOEOPFNRGNRGKOCLPDRVJRSIVWMSTJVWM\]SZ[QXYOYZPcaY~|t}}wmtgRYLTXL|v}|x}|y~wbf[HLAEI>HLAFJ>CG;IMAFJ>EI=CG;CG;FJ>LPEQUJTXMW[PVZOPTIRVKRVKRVKTXMKODNRG[_TabX_`V`aXfg^ilcdg^pthx|q|vtwn\aXWXOqriz~zy{uvypeh_qtkotkdi`ch_[`Wdi`]bYW\SRWNUZQQVMaf]rwn]bYW\SZ_VY^USXOSXOfkbglc^cZ{ycganrlUZQNRGHLACD:ILCNQH;>5/4+JOFMRIMRIOTKMQFDH=)-" $)-!,0$-1%&*")#*!(&*"&+/#+/#(, 04(-1%(, *."/3'+/#'++/#*."%)'+26*;?3:>259-37+,0$26*,0$26*:>27;/6:.37+-1%26*;?3?C7:>29=1>B6BF:37+DHB67;/<@4DH2EI=@D8=A5@D8<@4BF:BF:@D8AE:HLAUYNbf[oshhla`dY`dYdh]\`UTXMVZOXYO^_UabX^_UY]RX\QVZOSWLJNCFJ?NRGMQFQUJFJ?DH=IMBDHHJ>HJ>EG;EG;IK?FHCE9LNBDF:IK?GI=IMBGK@FJ?JNCMQFJNCGK@HLA?C7KOCOSGNRFQUIEI=MQEPTHHLAEI>EI>IMBLPELPEKODMQFIMBKODEI>JNCJNCLPEIMBQUJVZOKODNRGNRGOSHPTILPETXMW[PUYNZ^SY]RTXMPTI^bWSWLY]RHLAY]RW[PRVKOSHNRGPTIPTIOSHUYNRVKSWLTXMNRGUYNPTIPTISWLW[PW[PTXMTXMW[PKNEPSJUXOZ]T]`WX[RQTKQTKRVKVZOTXMPTIRVKUYNUYNUYNSWLRVKW[PQUJNRGPTINRGSWLTXMOSHQUJVZOVZO\`URVKUYNPTIRVKNRGTXMX\QUYNVZONRGOSHW[PVZOQUJSWLTXMSWLUYNW[PY]RY]RSWLMQFNRGQUJNRGQRHOPFNOEPQGNOEIJ@JKASTJLPEW[PRVKEI>UYNQUJUYNIMBJNCNRGOSHJNCPTINRGPTIQUJNRGNRGGK@LPEMQFEI>LPESWLLPEUYNKODKODLPESWLPTINRGOSHQUJOSHNRGCG?C8MQFabX^_UabYjkbbe\be\jnb|uz{~ulqh\]SabYz|~xy{u~zy{ufi`nqhrwnglchmdeja`e\bg^bg^`e\\aXOTKinensj^cZbg^glcX]TMRInsjpulRWNae_uyseiceleKRK3:3BE68<0<@4<@4RVKSWLDG>JMDCG;-1%(, )-!-1%*.")0# '$(+/#+/##'<@46:.04(+/#*1"18)+2#*1")0!&-'.)0!+/#(, 04('+59-7;/8<015)+0!.3$6;,;@127(-2#49*16'/3'37+>B6:>2:>2?C7:>2;?3=A5@D8SWKCG;15)48,=A58<0;?3:>2:>2=A5>B6<@4;?3:>2<@4AE9:>2<@4=A6;?4@D9=A68<0AE9?C79=1=A5=A5:>2>B6>B7BF;FJ?HLAEI>BF;BF;DH=EI==A5=A5>B6@D8@D8;?3=A5AE9AE9CG;AE9DHKOC]aUpqgef\gh^hi_]^Tcd[\]TZ[RSWLTXMVZOUYNSWLUYNRVKJNCIMBHLARVKEI>NRG=A6EI>DH=AE9CG;AE9CG;HL@BF:;?3<@4>B6AE9AE9?C7AE9BF:>B6:>2HL@CG;BF:FJ>HL@EI=AE9@D8KOC@D8?C7JNBCG;?C7GK?<@4=A6HLAHLAGK@NRGGK@LPEJNCLPEDH=JNCFJ?QUJSWLNRGIMBBF;FJ?CGQUJSWLVZOLPEHLAX\QMQFKODMQELPDAE9PTHMQEKOCRVJQUIWXNRSIRSIGH>HI?OPFXYOQRHSTJUVLRSIOPFSTJUVLSTJRSISWLVZOQUJOSHMQFJNCMQFPTITXMUYN]aV{}w}{y{u}w|v~x|~xz}tzuynY]RNRFW[OPTHHLAJNCGK@RVKSWLKODOSHIMBDH=JNCMQFMQFTXMPTIOSHLPERVKOSHLPEVZOY]Ra_Wgh_qri}xW]ROUJOUJ~||yzy}{woriMQFKODLPDMOCRTHLPEKODEI>AE:EI>JNCLPEMQFTXMSWLRVKMQFKODHLAAE:OSHKNESVM^aXUXObe\fi`ad[fi`rulqtk}tvpgh^gh^~v{~umpgdg^fi`cf]gjadg^ilceh_gjakneori]`W]`W`cZrulnqhilccf]be\_d[ch_ejaeja]bY\aXglclqh{{GNG(, .2&7;/LPEMQFJNCFJ?=A6)-!"&&*'+%, '%,%,.2&26*#'%)JNBCG;*.")-!-4',3&/6).5(+2%+2%/6)!(*."*."15)(, .2&/3'26*15)04(37+04(04(/3'+/#04(48,8<059-6:.>B6AE9=A5;?38<09=137+;?38<0/3'7;/8<048,6:.8<0<@4@D8@D8<@48<07;/<@4:>27;/48,9=2<@59=29=29=1@D8=A59=1>B6@D8?C7CG;8<1=A6AE:DH=GK@JNCGK@BF;DH<@D8AE9?C7@D8CG;@D8AE9DH2DHFJ>GK?HL@EI=AE9BF:FJ>IMAEI=CG;JNBIMAEI=GK?EI=EI>GK@DH=GK@MQFDH=JNCOSHBF;EI>PTIJNCHLAGK@IMBGK@HLAIMBFJ?EI>EI>FJ?IMBJNCFJ?KODKODEI>DH=JNCPTIQUJEI>KODNRGPTIKODKODLPEOSHPTISWLOSHW[P^bWaeZUYNRVKTXM]aVX\QTXMPTISWLLPEY]RUYNOSHKODSWLUYNMQFPTIY]RUYNSWLSWLVZOX\QTXMSWLW[PUYNTXMTXMUYNUYNRVKPTIPTIOSHUYNRVKMQFQUJVZOTXMSWLZ^SVZOUYNTXMRVKQUJNRGJNCOSHY]RVZOUYNNRGSYNOUJPVKTXMPTIQUJSWLQUJNRGQUJTXMW[PJNCNRGX\QTXMSWLVZOSWLU[PU[PVZOSWLQUJQUJQRHOPFKODOSHJNCRVKTXMOSHSWLLPEEI>MQFY]RW[PKODIMBRVKY]RQUJNRGMQFIMBMQFQUJNRGW[PRVKPTIRVKPTIMQFKODKODQUJOUJOSHOSHOSHLPEHLAIMBNOEMQFPTIQUJMQFKODNRGLPECGDH=FJ?MQFMQFTXMOSHOSHGK@LPEVZOQUJOSHQUJY]RUYNNRGRVKOSHLPENRGNRGQUJZ^SZ^SY]RTXMMQFJNCHLAIMBNRGPTIJNCTXMwzq}w{|~xy{uzy}y|imbVZOFJ>NRFFJ>LPEDH=EI>DH=QUJPTIKODHLA?C8NRGIMBKODGK@X\QPTIIMBMQFKODJNCUYNUYN^]S`aW`dYuynzrvkUYNTXM~|}t}|{{z|z~z~xbf[OSHMQENPDSUIKODEI>CGJNCPQG12(#' '")& '%")#,*."(, '+*."'++/#,0$,0$+2%*1$$++2%)0#'.!)0#/6)*."*."/3'*."+/#-1%.2&04(37+9=115)15)6:.26*26*8<0<@46:.15)@D8BF:7;/9=16:.9=115)/3'7;/7;/@D8:>2:>2=A5;?39=17;/59-6:.;?3?C737+48,<@47;/8<0<@57;0=A6<@4AE9=A59=1>B6?C7>B6AE9@D9CGJNBDHRSITUK\]S]^TWXN_`V^_UZ[RW[PTXMTXMTXMQUJLPEJNCLPEMQFRVKMQFMQFGK@JNCEI>FJ?CG;FJ>EI=DHJNBCG;?C7@D8?C7AE9EI=KOCNRFKOCEI=CG;DHIMBGK@GK@IMBEI>DH=EI>NRGHLALPEKODMQFNRGMQFJNCIMBKODIMBNRGOSHJNCJNCNRGQUJOSHIMBLPESWLSWLPTIIMBJNCMQFKODTXMTXMW[PUYNVZOSWLZ^SQUJX\QW[PSWLSWLRVKLPEW[PY]RQUJPTITXMUYNNRGLPEX\QVZOUYNSWLQUJPTISWLRVKMQFQUJTXMTXMVZOY]RUYNSWLW[PPTIZ^SVZOOSHUYNY]RVZOVZOW[PTXMSWLUYNVZOTXMRVKQUJTXMRVKOSHVZOY]RQWLKQFSYNQUJPTIUYNJNCJNCMQFVZOPTI]aVVZOUYNQUJIMBPTIX\QQUJRVKQUJPTIQUJPTIOSHNRGNRGLPEKODKODLPEMQFNRGOSHOSHIMBLPESWLSWLKODIMBQUJX\QRVKOSHNRGJNCLPEQUJQUJSWLRVKRVKOSHPTIMQFIMBMQFPTILRGLPEKODKODIMBGK@HLAMNDLPESWLUYNOSHJNCGK@HLALPEEI>GK@?C8QUJRVKDH=RVKSWLIMBRVKMQFOSHHLAOSHLPERVKQUJLPEIMBOSHGK@LPENRGPTILPEIMBGK@IMBOSHIMBQUJPTIOSHMQFKODKODPTIZ^SPTIHLAORIPSJVYPRULQTKORIRULNQHSWLVZOTXMVZOY]RTXMSWL^bW`dY[_TX\QMQFJNCLPEJNCRVKQUJJNCZ^Svyp{~xxzt|~x{{~u|v}}yjncPTIJNBOSGQUJ<@5EI>HLAMQFKODKODHLAMQFFJ?QUJMQFSWLOSHSWLLPEKODOSHLPEPTI^bW_cX]^T]^T_cX[_Ty}rx~|qujij`z{q{|yz~~zrvk[_TY]RTXLNRFKODFJ?HLARVKUYNKODIMBQUJVZO[_ToshaeZOSHKODZ^SW[PTWNY\SQTKpsjuxobe\ad[eh_`cZknepsjz}t|jnc\`U^aXuxo{wzqsvmhkb`cZilccf]_bYhkbfi`Z]TZ]T_bY\_VSVMY\STWNQTKRULY\Seh_bg^inerwn]bYQVM[`Waf]pul¾dlb6;28>3:@5OSHMNDGI=')$+%,$+ '('' )#.2&,0$'+)-!,0$(, )-!,0%'+ 6:/?C8/3(+/$37,#'-1%+/#-1%.2&04(37+/3'04(*."15)15)6:.:>259-26*15):>26:.7;/@D8<@426*7;/8<059-48,37+9=1;?3=A59=1=A59=19=18<08<08<07;/7;/8<015)59-:>259-59-7;/59-<@5<@4?C7<@49=1<@4=A5<@4=A5AE:@D9@D9AE:>B7<@5=A6AE:?C7>B6?C79=18<0>B6?C7AE9>B6AE9GK?EI=DHCG;EI=IK?LNBYZPbcY\]SXYOXYO[\RW[PTXMRVKTXMPTIGK@DH=IMBNRGW[PRVKRVKJNCOSHIMBJNCHL@GK?IMAKOCIMADHGK?IMAEI=DHCGB7DH=HLAKODSWLJNCHLAGK@KODLPELPELPEJNCKODKODLPENRGPTIOSHLPEMQFQUJQUJJNCMQFMQFOSHEI>HLAMQFVZOVZOLPENRGQUJVZORVKVZORVKTXMUYNRVKVZOSWLLPERVKRVKPTISWLPTITXMY]RTXMX\QTXMOSHKODGK@GK@RVKVZOOSHNRGVZOTXMSWLY]RX\QSWLVZOPTIUYNPTIMQFTXMSWLQUJW[PW[PVZORVKOSHQUJRVKPTIOSHTXMQUJNRGTXMZ^SQUJLPERXMOSHPTISWLKODJNCQUJW[PMQFMQFX\QW[PPTIPTISWLSWLSWLJNCKODPTIUYNTXMPTIOSHRVKPTIJNCKODLPEMQFNRGLPEPTIQUJOSHMQFLPEKODMQFOSHNRGRVKQUJRVKNRGLPEPTIQUJNRGVZOSWLIMBKODJNCHLAQUJSWLHNCHLAHLAJNCKODKODKODNOESWLSWLMQFJNCNRGMQFJNCLPEKODKODPTIPTIPTIOSHMQFNRGGK@IMBLPEGK@IMBGK@NRGRVKNRGMQFOSHQUJEI>CGJNCFJ?IMBHLAPTIMQFHLASWLX\QKODOSHTXMW[P]aVSWL_d[]bY`e\^cZbg^`e\bg^_d[W]RV\QSYN\bWgmbbh]\bWek`cg\]aV^bWQUJNRGRVKLPETXMSWLSWLlpe|v~|vx{r|zx{r{~u{|v{~umqfQUJQUJNRGMQFMQFLPENRGDH=OSHKODLPEOSHNRGKODLPEOSHNRGJNCOSHZ^SZ^SOSHRVK^bW^bW]_Sgi]W[OY]QaeYw~yzpabX[\R[YQ}y~v|}tyz|z}tX\QGK@IMBDH=DH=HLAKODLPEKODGK@FJ?JNC`dYimb|uaeZTXMIMBKODSWLZ^SW[PMQFZ^Slpebf[gk`^bWZ]Tad[nqhpsj~xuxogja_bYjmdyilcad[nqhgjadg^]`Wilcbe\[^U[^Ucf]`f[RXM]cXY_TW]RPVKNTIY_T^cZ[`W_d[OTKJOF[`W_d[^cZLTJ05,BG>cg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bWVZOTXMQUJLPEIMBEI>BF;JNCSWLSWLNRGW[PTXMNRGUYNW[PPTINRGOSHRVKMQFKODPTIPTIPTIVZORVKUYNQUJLPEOSHRVKPTINRGLRGY_T[_TPTIMQFOSHPTIOSHUYNNRGMQFW[PTXMSWLQUJQUJPTIOSHOSHSWLUYNOSHNRGW[PQUJPTITXMZ^SZ^STXMPTIQUJOSHRVKIMB[_T]aVMQFRVKIMBIMBNRGNRGJNCLPEPTIQUJOSHPTISWLSWLOSHLPEOSHRVKNRGUYNRVKHLAKODLPEJNCRVKRVKHNCIMBIMBNRGQUJRVKOSHNOEMQFUYNOSHFJ?LPETXMOSHHLANRGJNCTXMMQFLPERVKKODRVKLPEHLAKODHLAOSHKODNRGJNCFJ?GK@MQFKODHLAEI>KODOSHIMBKODOSHLPEKODX\QJNCFJ?HKBTWNPSJX[Rad[`cZnqhpsjkoiptnx|vx|v|zvztw{uvztrwnkpgdi`joftypotkjofpulpsjloforicf]`cZbe\X[R^aXY]R^aXx{ry|vx{r|v~xzz|v~xz}tgk`VZOOSHHLAGK@JNCJNCIMBCG27;/48,;?3>B6;?3AE9;?3>B69=1>B6;?38<07;/9=1<@4<@4:>2CGB7?C7?C7;?3?C7:>2<@4<@4=A5>B6=A5=A5=A5<@4AE:DH=CG<>B7>B7CGB6BF:DHBF:CG;CG;>B6GK?JNBCG;BF:KOCFJ>=A5?C7;?3<@4?C7CG;EI=EI=DHGK?CG;DHB7IMBIMBFJ?CGCGOSHTXMMQFLPEMQFPTILPEMQFRVKMQFPTIRVKW[PSWLY]RW[PSWLMQFJNCMQFVZOTXMX\Q[_TX\QVZOTXMW[PW[PQUJQUJUYNNRGKODJNCJNCLPEPTIPTILPESWLQUJLPEQUJVZOQUJLPEQUJUYNRVKLPELPEQUJRVKQUJOSHUYNSWLPTITXMUYNRVKSWLPVKW]RW]RSWLLPESWLTXMRVKVZOSWLNRGW[PVZOX\QOSHNRG^bWNRGLPEPTILPEPTIW[PSWLUYNPTINRGSWLVZOSWLNRGKODOSHMQFLPEX\Q[_TOSHJNCFJ?DH=MQFOSHKODOSHUYNSWLOSHOSHSWLOSHLPELPENRGSWLQUJOSHMQFJNCNRGOSHLPEMQFMQFOUJMQFIMBJNCNRGQUJQUJQRHGK@QUJTXMPTIOSHQUJPTINRGJNCFJ?FJ?JNCLPEKODPTIY]RLPEMQFQUJUYNQUJRVKOSHKODKODHLAJNCEI>LPEIMBMQFKODQUJGK@RVKLPERVKRVKJNCMQFTWNVYP_bYgjax{r{~ux{r}wy|s|vzyy|vy|s|}w{~u}w~xy|stwnuxox{ry|s|vuxotwnuxolofnqhknelof|v{}wy|stwn{~uzz|~x|vy|shlaRVKKODBF;AE:<@5PTIMQFLPDJNBJNCJNCPTIHLAOSHIMBOSHLPETXM`dYlpedh]Z^SZ^SX\QX\QabXVZOUYNLPE[_TW[P{|r||~uvl^_VQOGspk|{|~xvyp}w~xsvmY\STWNHKBMQFOSHNRGLPELPELPEQUJZ^SaeZW[PX\QVZOX\QSWLY]RPTIUXOUXOZ]TY\SY\Sgja]`W]`Wjmdhkbpsjpsjnqh}~ztwneh_kne}wy|slofdg^oriuxocf]ad[WZQgjabe\Z]TfkbY^UZ_VTYPUZQW\SUZQW\SQVM]bY\aX[`W[`WY^Uaf]glc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`UW[PPTITXMUYNQUJTXMRVKVZOTXMW[PPTILPEDH=EI>EI=FJ>JNBLPDJNBKOCEI=6:.<@4@D8KOCJNB?C7DHJNBLPDIMABF:<@4=A5FJ>;?3<@4GK?AE9?C7DHCGDH=FJ?Z^SQUJRVK^bWVZOQUJW[P[^UY\Scf]Z]T]`Wbe\fi`fi`uxovyprulrul}w~vyphkblofygjaeh_eh__bYZ]TY\Scf]be\fi`]`W[`W`e\bg^ine_d[[`WW\SSXOY^UPULSXOTYPZ_VZ_VV[Rpulzz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cXVZOQUJW[P]aVVZO\`U]aVW[P\`U[_TNRGY]RVZOQUJVZOY]RRVKRVKKODUYNZ^SSWLLPEKODZ^SPTIOSHOSHLPESWLNRGUYNUYNOSHOSHVZOX\QRVKVZORVKOSHQUJRVKMQFKODOSHOSHEI>IMBMQFOSHRVKOSHKODHLALPENRGPTIKODJNCLPECGJNCQUJZ^SSWLKODPTIPTIJNCNRGTXMNRFOSGQUIMQEFJ>JNBOSGKOCLPEHLAKODNRGMQFQUJUYNSWLKODRVKRVKPTINRGLPELPEEI>NOEPQGKLBPQGKLBTUKXYORSIRVKJNCKODOSHVZOcg\lpervkuxotwn|v~x{z}t~x||vwzq~x}wz}w|yrul}wy|stwn|v}wwzqy|s|vx{rzz}ty}wz}t~xx{rad[eh_y|sx{tx|q{ttwnsvmz}ty|sy|syqujY]RY]RMQF?C8BF;?C8EI>EI>HLAEI=FJ>LPDJNBNRFOSGJNBRVJNRGKODLPENRGLPEZ^SX\QSWL\`U_cX^bWPTIQUJQUJZ^S^bWmpg{{{aeZVZOPTIjnc~~~xy}wz}wtwnX[RLSFNRFKOCKOCFJ>HL@OSGDF:DH=QUJ\`UUYNW[P\`TUYMX\P]aV_cX]aV\`Udg^hkbuxompglof{~uwzq{~uwzq}zrullof~zsvmfi`glc\aX]bYSXOZ_V]bY\aX\aXZ]Tad[`cZ`e\ineejaW\SRWNbh]ag\OUJdj_af]W\Sejaineksi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`UY]RZ^SRVKRVKPTIW[Pfi`wzq}~}lpeX\QPTI_cX}v|{|zsvm_bYOVIJNBIMAQUILPDHL@QUIQSGGK@UYN]aVY]R[_T]aUX\PZ^R_cX\`U^bWcg\fi`mpgknehkbrul|v{~~~~znqhvypuxodg^di`af]ch_V[RW\SW\SRWNNSJ[^U^aXX[RUZQ^cZ_d[W\SUZQ\bWag\TZO]cX_d[Z_VX]TV[Rgng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hkborisvmz}ttwn~xz}w}w~x~zz}t~x|~xwzq}wz}tz}tyz|vz}tx{rx{r~xzy|s}wz}w|vy|s}w~xwzq|rulTWN_bY~wy|u~w|{~xz~x}wy}raeZOSHHLAAE:HLAJNCFJ?AE:JNCEI=@D8NRFVZNRVJTXLOSGBF:DH=HLANRGUYNIMBNRGLPEUYNOSHTXMX\Qcg\_cX[_TVZO^bW_bYgjaxdh]W[PQUJquj~~}zz}vypkneSZMJNBGK?OSGJNBCG;KOCQSGKODW[PX\QY]RZ^SW[PW[OY]Q^bW\`Uei^jnccf]ilcbe\jmdz}t}wz|~{rullof|{ike]bY`e\di`X]TV[RW\STYPOTKbe\eh_`cZX]T\aX[`WUZQTYPY_TY_TX^SY_TUZQZ_VW\SUZQv|wW^W8?8'/%&.$!) (#(/ '&--4%,1"%*-2#9=1/3'+/#04(15)-1%*."/3'&- 04(/3')-!.2&15)15)8:.)-!)-!7;/48,,0$.2&:>237+59-9=16:.46*57+59-59-7;/=A5:>2;?3<@49=17;/7;/59-9=18<0<@4BF:CG;;?359-;?3?C7=A5?C7<@4;?3@D8<@48<0;?37;/7;/>B6<@4AE9<@4=A5<@4@D8=A5=A5?C7<@5AE:BF;=A5@D8HL@AE9<@4=A5<@4FJ>BF;DH=HLAEI>LPEHLALPEPQGLPEEI>HLAJNCLPEEI>JNCLPEQRHTXM^bWVZOVZO[_TTXMMSHMQENRFKOCBF:HL@LPDNRFKOCJNBDH;?3AE9BF:>B6IMAHL@AE9BF:@D8IMALPDFJ>GK?BF:CGKODOSHKODLPEKODRVKX\QOSHOSHMQFFJ?IMBJNCKODLPEGK@IMBIMBGK@LPESWLPTIHLAGK@NRGQUJNRGRVKPTIQUJRVKNRGLPEQUJQUJOSHKODIMBNRGPTILPENRGHLAEI>HLAJNCGK@HLAJNCMQFNRGMQFKODLPEOSHPTIOSHHNCKODOSHOSHMQFQUJRVKJNCQUJVZOOSHRVKUYNVZOQUJ\`UW[POSHSWLNRGPTIRVKX\QRVKQUJX\QMQFNRGRVKTXMRVKUYNMQFSWLMQFQUJPTIUYNQUJKODPTILPEKODOSHPTINRGOSHRVKNRGPTIKODFJ?HLAKODKODKODPTIUYNGK@GK@KODIMBSWLTXMMQFSWLMQFPTIUYNOSHLPENRGPTILPEIMBKODNRGKODJNCOSHQUJPTIJNCLPEMQFMQFMQFHLAGK@OSHOSHJNCKODLPENRGTXMQUJLPEGK@MQFSWLNRGIMBNRGLPEMQFVZONRGJNCPTIMQFSWLPTINRGKODNRGY]RMQFLPELPEX[Rgjaknewzqy|sy|sysvmz}t}w~xzy{~u}wx{rvyptwnnqhrul~xzx{rtwn{~uy{~u~xytwny|s|vvyp}wy|s~x||v~x{ad[UXOfj_uyn{z{~uyz}tzz|{gk`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`cZuxo|v{{~uvyp{|v|vz~xywzqz}tz}ty}rulpsjuxompgori{~uywzqtwn|v{{~u}wzx{rx{r{~uuxo~xy|sx{r|v|vz}t}mpgTWNLPE^bW}v~wx{ryz}t~xymqfUYNSWLGK@>B7DH=EI>EI>JNCLPENRGJNCGK@JNCMQFQUJTXMRVKJNCNRGIMBNRGJNCOSHW[PQUJTXMZ^SX\Q^bWW[PX\QW[PY]RX\Qosh}v|{x{rad[NRG\`Uvypzy~z~xtwnek`VZOLPEKODLPELPELPEPQGTXMW[POSHTXMX\QRVKTXMW[Pgk`ei^bf[cg\hkbjmdtwnori{~uz~xtwny|s}w}{z}uxojmd{txr_eZ[aVV\Q[aV\bWY_TW]RV\QW[P\`U\`UV\QW]R\bW_eZ`f[W]Rag\^dYOUJZ_VX]TLQHbg^u|u`h^MRI9>5:@5-3(")#*)0#'+-1%15)15)37+.2&/3'(, *1$15).2&37+9=115)/3'79-48,-1%TXL`dX04(,0$26*+/#35)02&04(37+26*15)9;/AC7;?37;/6:.6:.59-9=1>B6?C7?C8BF;>B7>B7=A6:>3?C8DH=;?3>B6GK?BF:<@4>B6@D8BF:;?36:.@D88<015)<@48<09=1;?3>B69=1AE9FJ>HLACG<>B7>B6<@49=19=1AE9CG;>B6BF:KLBKLBHI?BF;EI>CGOSHGK@LPEHLAKODOPFJNCIMBMQFPTITXMLPEFLAGK?KOCFJ>GK??C7CG;EI=PTHPTHBF:AE9HL@KOCHL@CG;CG;FJ?BF;KODJNCHLAHLAFJ?QUJEI=BF:>B6CG;CG;:>2=A5EI=KOCIMA>B6=A5=A5=A5FJ>EI=@D8AE9@D8EI=IMAGK?EI=?C7@F;>D9?E:@F;?E:CI>EK@?E:JPEFLAAGIMBPTIJNCHLANRGJNCJNCQUJLPELPEPTIRVKOSHQUJW[PSWLPTILPEMQFNRGQUJGK@IMB>B7DH=JNCIMBCGJNCEI>JNCQUJQUJNRGDH=DH=NRGRVKOSHKODQUJSWLDH=KODNRGQUJQUJMQFEI>HLASWLQUJLPEIMBRVKSWLJNCIMBIMBKODIMBHLAJNCIMBBF;CGFJ?JNCSWLHLA?C8HLARVKUYNMQFGK@LPEMQFPTIGK@LPEIMBW[PRVKY]RUYNUYNSWLY]RVZOW[PUYNUYNaeZswlzz}svmUYNSWLdg^twn{{||z|oujY]RJNCIMBNRGMQFIMBPQGQUISWKPTIUYNZ^SVZOVZO\`Uei^ei^aeZ`dYilcilcx{rpsjuxoyy}|vypy|srulz}ty~}|||{qsmqqk~z{ybg^X]TQVMaf]eja^cZW\SV[R\_V]`W]`WZ_V_d[fkbeja^cZ\bWV\QZ`URXMQVM_d[kpgch_}|txr]bYCH?+1&#&*/3'26*.2&/3'+/#26*,0$/6)26*+/#15)6:./3'26*9;/59-15):>2txl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`UOSHSWLVZOQUJOSHQUJNRGVZOW[PUYNSWLLPEX\QUYNJNCOSHNRGPTIRVKVZOUYNOSHTXMOSHPTIPTIMQFPTINRGNRGNRGLPEIMBGK@HLAJNCEI>JNCJNCGK@HLAJNCJNCJNCPTIPTILPEIMBJNCNRGOSHHLAKODTXMOSHHLAFJ?IMBNRGHLARVKMQFFJ?FJ?IMBHLAGK@KODY]RQUJJNCNRGNRGGK@JNCNRGLPEHLAKODRVKOSHJNCKODOSHKODMQFPTIOSHMQFNRGOSHLPEMQFRVKX\QW[PSWLPTIMQFMQFMPGRULPSJSVMUXO_bYknelofz}ty|sx{rz}t|vy|vsvmsvm{~u}wvypy|sz{y|sloflofmpgy|s{~u|vwzqx{rqtkz}tyy{~uuxouxo~x}wx{rqtksvm{~uz}t~{{qtkSWLNRGjncz~|y|s|v{y}rlpeVZOKODJNCNRGBF;@D9DH=FJ?MQFFJ?DH=IMBRVKW[PJNCGK@MQFHLANRGJNCUYNGK@KODMQFRVKMQFNRGNRGVZOUYNW[P\`U[_TaeZnrgy~x|{~ubf[RVKSVMeh_z}t~~}~xzuei^SWLLPERVKUYNMQFRSIOSGPTHQUIRVKVZOVZOW[Pbf[gk`dh]cg\ei^fi`jmdsvmuxouxox{ruxo{yy|sy|srulsvm~x}~}||~xklc~v~}mri^cZPULbg^fkb`e\Y^UW\SUXOWZQZ]T[`Wbg^kpgjofaf]^dYKQFRXMW]RLQH_d[hmdTYP#(#'+/#04(15)37+)-!37+26*/3'48,.2&/3'15).2&/3',."*."*."/3'*."X\Pzfj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hlay{}ptiY]RMPG]`Wvyp~|vz~sjncX\QHLANRGY]RRVKPQGPTHPTHSWKNRGPTITXMW[Pilcswlfj_cg\hlahkbsvmpsjx{r|vz}tz}ty|vx{rtwnpsj}wy}y}yija}~uz|lqhSXO^cZ_d[Y^UTYPRWN\_V^aX`cZ[`W\aXejajofejaV\QTZONTIW]RY^UW\Ssxohmd]a\#+ '.!'.(/ -2#-2#/1%35)-1%.2&/3'-1%04(04()-!*."+0!-2#,1"*.".2&48,48,.2&18),3$05&27(16'49*9<-58)15)37+6:.04(7;/AC7>@4EG;@D9@D9PTI_c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y[_TRVKPTIUYNSWLMQFUYNQUJVZOVZOTXMOSHUXORULORI^aXjmdwzqy|szy|suxo{~urul{~u}wy|sx{r~u{vstjjkacdZabXde[X\P\`TW[O[_Tptirvkz~sz~s}y~xy}wx{rx{r}w{~ux{r|v}wx{r{~u}wvypyzq{~usyn_cXQUJJKAzyo~|}wz}t}w|}x|qY]RSWKIMAEI==A5BF;LOFIMADHIODIODLRGOSHNRGQUJLPELPEW[P\`U\`UY]RY]RW[PZ^Snqh{|~y|s^aXX[RVYPeh_|}}|~}wuxo^aXRVKLPERVKLPEJNCQTKQTKSVMQTKJMDNQH^aXlofmqf`dYknedg^Z]Tjmd|~xuxo}w|z}tz}ty|sqtk{~uvxrrtnwys{~y~{wzqjlftvp{v{r]bYUZQ^cZZ`UQWLV\QRWN[`WY^U[`WUZQbg^bg^typ^cZ`e\Z_VOTKY^UY^U[`W\aXcka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rvk`dYMQFPTISWLOSHOSHUYNVZOSWLTXMNRGMQFWZQSVMZ]Tpsjuxo}w{~ux{r}wy|swzquxo}w|vzz}t~utukjkaabX[\R[\RYZPQRHIMAJNBQUIY]RZ^S_cXrvkrvk}w{~u{~u|v|v{~u|v~xy|sy|sy|s|vuxoy|sx{rvypyyx{rv{rmqfVZOIJ@_^T|u{{z|y~x~x\`ULPDHL@DHJNCPTIVZO`cZ[^UY\S\_VX[RRULY\Shkbei^ei^fi`^aXgjakneorivypx{rwzq{~uy|vruloriywystvpy{u~}wqsmwys{}wy~uejaV[RX]TZ_VW]R\bWUZQ[`W[`W\aXX]Tch__d[ejafkb_d[X]TSXOV[RZ_V\aXV[Rglc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x|qmqf>B7GK@VZOOSHOSHOSHOSHKODMQFKODTXMUXOcf]svmx{rwzqy{~ukneuxowzqz}tz}ttwnsvmuxodg^RVKMQFLPEHLABF;IMBSWLQUJMQESWKNRFRVKRVKPTIMQFW[PX\Qjmdy|s{~u{~uzz|vz}w{|v~x}~}wz}t{{|vswlTUKSTJPTIosh{{|~~xz}tzx|qbf[VZOKODNRGFJ?HLAJNBIMAEI=AE:EI>MQFVZOUYNTXMJNCEI>KODJNCIMBDH=QUJGK@GK@PTISWLPTIRVKVZO]aVei^[_TY]RRVKUXOhi`z}|vkneWZQ\_Vkneuxo|}|zilc]`WQUJQUJQUJVZOX\QQUJNRGUYNVZOTXMZ^Sei^bf[ilccf]eh_knesvmtwnrulorijmdpsjorilofy|s~xqsmprly{u~}}y|~x~zineY^U\aXY^UZ_VY^UZ_Vbg^\aXUZQX]TZ_VY^UV[RTYPTYP\aXW\S]bY\aX[`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}vDH=OSHW[PSWLPTISWLMQFSWLKODLPEUYNlofy|sz}trulx{rqtkrul}wy|ssvmwzquxorulx{rad[MPGJNCLPEGK@EI>LPENRGIMBHLADHRVJIMAJNBHL@GK@JNCQUJLPENRGBF;GK@TXMKODRVKLPELPEKODSWLKODKODIMBHLAJNCHLAJNCVZOQUJPTISWLZ]TVWNnofwxo{ilcUXOPTIcg\z}y}}|~|~xvypad[UXOTWNX[RWZQVYPY\S_bY[^UX[R]`W_cXdh]jmdcf]psjz}tuxoilcjmdjmdhkblofmpgknenqhqtktvptvp|~x~rtnz|vy}wglc]bYY^URWNZ`UTZOTZOX^SU[PX^STZOW]R\aX]bYTYPTYP^cZ_d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`dYmpgvyp{~usvmx{rsvmuxox{rvyptwnsvmwzqrulkneUXOHKBGK@FJ?DH=EI>IMBNRGNRGIMBIMAEI=PTHMQFKODQUJTXMPTIVZOZ^SVZOTWNcf]{}w~zz}t|v{~uywzq{z|v{}w}}}w{}~u}wx{r^cZX\QPTI\_Vtwn~xy{}y|sad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gk`uxo|v~xlofmpgtwn|vsvmrulx{rsvmyrul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ilcuzqrwnrwnrultwnwxouvmz{rvzovypvyp|vmpg\`UIMBEI=KODQUJPTIOSHFJ?JNCIMBKODGK@JNCFJ?JNCOSHKODNRGTXMRWNMPGVYPX[R_bYjmdnqhx}y{|{}y{}wuxoz}t|vz}tz}t}w}wz}tch_VYPIJ@YZPopf{~~z}yztwnW[PLPELPEAE:BF;=A6EI>LPENRGRVKMQFSWLGK@FJ?FJ?LPEKODTXMX\QLOFQTKORILOFRULY\SVYPORIY]RLPERVKX\Q[_TVZOQUJ\`Uy|s~|v|vbe\SVMWZQmoc{|rz}|x|w}wz~x|vy{~ufi`RULQTKTWNTXMJNCLPESWLQUJZ^SZ^Sbf[aeZaeZilcjmdhkbnqhjmdnqhtwnnqhmpgqtkqtkz}t}{rvprvpy}wz~x}{}v{rsxo{ytxrkpg`e\af]]bYTYPY^UY^UNSJQVM]bYTYPRWNY^UejaY^Ubg^Y^U_d[bhc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jmdmpg{|sxzt}y|}yy|{{~uz}t}w|vvypori`cZPQGTUKhi_y}~}{{z}trul^bWRVKRVKGK@KODFJ?GK@JNCLPEPTIJNCPTIKODGK@KODLPELPEMQFRVKKNENQHORISVMZ]TY\SUXOSVMSWLRVKRVKUYNVZOUYNY]RZ^Skne}w{{qtk^aXWZQ[\Rnoex{r{}{y}{~uilcY\SSVMTWNUYNRVKSWLPTINRGX\Q^bWaeZ[_T\`Ujmdpsjlofmpgvyptwnsvmknempguxowzq{w{urvpw{u|zvzttxr{y~~|~sxouzq~|{ypul`e\Z_VX]TSXOTYPV[RQVMPULV[RUZQTYPQVM`e\_d[glchmddi`DJ?%%,$+)0!")'+,0$,0$15).2&04(/3'*.",0$.2&05&05&16'15)48,48,-1%-1%48,6:.7;/?C7AE9;?39=159-48,8<07;/9=1?C7<@49=1AE9=A5;?3<@4:>2<@4:>2>B6>B6@D8?C7@D88<0=A5BF:?C7@D8;?39=1?C7?C7EI==A5?C7>B6>B6;?3:>2@D8>B6:>2CG;HL@>B6CG;AE9DF:?C7BF:BF:?C7>B6AE9@D8=A5AE:DH=HLAHLAKODFJ?FJ?IMBAE:>B7JNCLPEFJ?JNCJNCAE:EI>CG3D9D9AGD9IODLRGHNCKQFQWLMSHEK@MSHEK@BH=EK@EK@AGBH=BH=EK@HNCEK@FLANQHLQHQVMNSJKPGDI@LQHVYPQWLMSHFLAEK@IODLRGJPEBH=BH=EK@LRGFLAJPEFLAJPEHNCDJ?AGCI>FLAFLAAGIODJNCIMBQUJKODUYNNRGQUJKODMQFSWLRVKPTIPTINRGPTIZ^SRVKQUJNRGPTIKODQUJIMBKODW[PNRGNRGOSHIMBRVKPTIKODJNCDH=JNCSWLMQFGK@GK@HLAGK@KODPTIMQFEI>DH=KODPTIKODHLAGK@IMBIMBHLAIMBLPEOSHOSHQUJMQFJNCKODJNCOSHKODJNCHLAGK@HLAHLAKOCRVJPTIKODRVKHLAPTIKODKODGK@IMBNRGOSHKODJNCKODLPELPEEI=CG;DHDH<>B6>B6CG;CGEI>IMBHLAUYN_cXdg^lofruluxoruly|svyplofpsjrulmpgrulx|qvypz}tqtkeh_NRGKODOSGNRGIMBCGLPEIMBFJ?FJ?JNCNRGIMBJNCNRGIMBNRGMQFPTIJNCPTIOSHOSHUYN`dYdh][_TRVKRVKPTIW[PTXMZ^SX\QUYNZ^SSWLcf]{~u}ori]`WVZO_cXori~z||zz~~~xrulad[]`W^aXW[PSWLPTIJNCLPEQUJY]RaeZ`dY]aVbe\gjailcorivyptwnsvmpsjuxoz}tx{r{~uuysswqz~x~|x|vw{u~}|ztypotk~|swqcgaZ_VV[RRWNMRIQVMUZQTYPV[RY^U^cZV[Rejakpginerwnejaþ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cXtwnuxolofsvmrsjmnevwnsvmmpgpulqvmjofptisvm{~uuxoeh_LPEHLAMQEPTIIMBDH=FJ?GK@GK@HLAKODQUJQUJMQFLPEKODJNCNRGLPEFLAJNCRVKY]R[_TQUJX\Q}~trulzwzqz}t{~u{~uz}ty~|z}ty|syyx{rvypnqhad[OPFSTJilcsvm{~z|z}t|vz}tptiUYNHLAEI>IMBIMBEI>DH=FJ?KODKODNRGUYNOSHLPELPELPEFJ?KODOSHNRGUYNbf[gk`[_TOSHOSHOSHPTIPTIZ^SVZOUYNW[PTXMbf[x{r~}z}tfi`TXMQUJad[y~x{}~z|v||vgjaX[R_bYW[PQUJOSHPTIX\QTXMZ^S^bW]aV\`Ucf]ilcilcjmdpsjtwnx{r{~uyyy|sx{r~zv{rv{rw|stypv{r|x~z}{}}yinex}tvztjnh\aXW\STYPOTKRWNY^UY^U[`WTYPY^UW\S`e\ejaZ_Veja]bYowm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ei^vypqtklofwzqrsjtulstkorivypqvmfkbnsjqujwzq{~ux{rad[MQFGK@OSGVZOMQFGK@FJ?HLAGK@IMBMQFNRGW[PIMBCGJNCIMBJNCVZOW[PSWL`aWjmd~{{zy{~x~~|vy|s|v|vvyp{{uwzqpsjZ^SRVKZ]Tknezz{wzqx{rx{rwzqbe\VZOMQFLPEKODHLADH=DH=GK@MQFNRGRVKNRGEI>LPEIMBJNCOSHLPELPEOSHY]R_cXY]RQUJOSHOSHIMBKODOSHKODX\QY]R\`U]aVmqfy}r{~x}wqsm]`WW[P\`Uqtk~x}zy|s|{nqhZ]T_bYY]RW[PUYNTXMY]RRVKUYNZ^S^bWaeZeh_ilcjmdjmdqtkvypx{r{~u}w|v|v}w~zsxootkpulotksxox}tw|sz~x{nsjglc}{jnh\aXW\SW\SW\SW\SZ_V]bY`e\RWNOTKV[RX]T^cZUZQZ_V^c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fi`wzqz|~}wwzq{~u|v|~~xz}t{~u{~ux{ryys||vuxobf[RVKJNCabYyzq|{|v{~u{~u{~upsjcf]UYNMQFKODHLAFJ?GK@HLAOSHNRGNRGMQFDH=LPEJNCPTITXMSWLSWLQUJRVKW[PX\QTXMSWLOSHMQFRVKPTIHLA_cX^bW\`UY]Rbf[pti~x|{gjaZ]TVZOjnc|u|}~x{{y|skne`cZX\QX\QRVKLPEOSHOSHQUJY]RaeZdh]ad[_bYcf]hkbkneorimpgoriqtkoriruluxoqvmkpgkpgmrimriqvmuzqrwnz|v~~sxosxoglcosmbg^\aXV[RW\STYPTYPaf]fkbX]TRWN^cZ^cZglcch_Y^U^cZ]b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jncnqhsvmy|slofpsjqtkqtkoriqtkpsjlofuxooshsvmx{rvypbe\LPECGDH=>B7HLANRGLPEMQFJNCNRGOSHJNCJNCIMBKQFDH=?C8JNCRVKMQFMQFVWM]`Whkbwzq|z|y}|{{{z{{u{x{rkodZ^SJNCef]{|s}w|v||y}wy|skneX\QOSHKODEI>FJ?LPELPEQUJRVKPTINRGJNCJNCHLAJNCLPETXMVZOTXMQUJSWLSWLQUJQUJNRGRVKUYNY]RKODZ^S[_TVZOW[P\`Ukod{~uhmdUZQKOD_cXvzo|v||zz}~{yzuxo^aXTXMQUJLPEKODNRGUYNX\QSWLUYN]aVad[ad[`cZ_bYgk`imbdh]hlakodgk`hlafj_kpgfkbhmdkpginekpgkpgdi`qsmpultyppulz~}kpgfkbW\SY^URWNOTKaf]af]Z_VY^Ubg^^cZfkbfkbW\SX]T~IOD6=0)0#$+%*."*."&*)-!*."%)(, -1%/4%16'05&6:.6:.7;/<@415)7;/-1%*."15)/3'26*;?37;/8<0CG;CG;>B6DHB6>B6JNB>B6HL@HL@X\PMQE@D8HL@FJ>LPD@D8;?38<059-<@4?C7?C7DHJNCEI>DH=AE:JNCHLA>B7;?4CGB7DH=BF;AE:BF;?C8HLAIODBH=@F;EI>DH=?C8?C8DH=GMBBH=DJ?DJ?CI>BH=>D9CI>CI>@F;;A69?4>D9BH=BH=BH=CI>?E:@F;FLAGMBDJ?DJ?IODEK@AGGMBGMB[aVOUJIODPTIHLASWLRVKSWLLPEVZORVKJPERXMTXMQUJQUJOSHNOERSIJNCNRGNRGMQFKODVZOOSHLPEKODQUJOSHSWLMQFVZO[_TOSHIMBLPEMQFNRGPTINRGIMBHLAQUJKODIMBIMBHLAHLAHLAEI>HLAMQFOSHJNCBF;AE:GK@NRGIMBPTINRGNRGKODGK@LPEHLAEI=AE9HL@OSHJNCGK@KODMPGGK@NRGMQFQUJMQFGK@OSHRVKJNCMQFMQFNRGMQFLPENRGVZOTXMVZO]aVcg\bf[^bWaeZhlajmdilcmpgnqhgjaqtkjmd_bYcg\mqfgk`dh]gjampgwzqvypotkpulx{ruxoorirsjrsjtuloshqtkx{rsvmfi`MPGHLAJNBHLAIMBOSHKODMQFHLAOSHQUJRVKLPENRGTXMKODHLAPTILPEOSHIMBBF;FJ?JNCJNCMQFPQGVYPcf]uxo|v{{}w~xyzy~x~x~x}w||v~y|soshcg\QUJpqhywzqtwn{{~x}w{twn^bWTXMNRGEI>GK@QUJOSHPTIHLAFJ?FJ?MQFHLALPEJNCLPEJNCOSHPTIOSHNRGLPEJNCLPEKODNRGLPEY]RFJ?MQFVZOUYNUYNX\Qfj_uxo{wlqhUYNVZOmqf}w|{z}~~x~xz}tdg^[_TQUJKODOSHNRGPTISWLNRGSWL\`U^aX^aXbe\gjaoshnrgei^jncoshjncimbcg\jofdi`fkblqhotksxopulfkby{u~zv{rpultwnlqhnsj^cZaf]X]TNSJ]bYSXO\aX_d[_d[TYPX]T_d[Y^U[`WdhbFKB/3($' %,-4%#*'.&- *1$+2%)0#-2#.3$16'6;,9@1:A23:++2#/4%27(37+37+37+/3'15*<@5?C8FJ?;?4@D9=A6>B7?C8>B7CD:AB89=27;0=A6@D9B7?C8=A6DH=BF;BF:MQE:>2;?3CG;BF:>B6FJ><@4=A5=A5=A5=A5?C7>B6=A5CG<@D9;?4BF;FJ??C8?C8AE:?C7AE9BF:AE9NRFJNBFJ>BF:HLACGGK@FJ?FJ?EI>BF;FJ>AE9LPDHL@?C7BF:AE9?C7FJ?EI>HLAIOD?E:=C8JPEFNCAF7@E6GL=IN?>@4EG;AC7FHEK@JPE@F;CI>?E:>D9>D9;A6BH==C8DH=HLADH=EI>CGDLAIODAGPTIQUJIMBHPFOTK@EAE:CG;GK?IMAHLAZ^Sfj_twny|}y~{~u|~xx{r}{y|syzy|svypnqh\_VUYNW[Pij`|}sz}zy}xef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bf[cg\^bWfi`jmdorirulrulrultwnwzqtwnx{rtwnwzqsvmlofknenqhtwnsvmgja\_VVYPad[rulpsjoriuxowzqtwnuxoruloshlpeqtknqhsvm~xori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aV]aVW[PX\Q_cX`dYZ^Sdg^hkbjmdlofsvm{~u|vvypy|ssvmtwnx{rrulilcqtksvmvypknelofX[RORI\_Vcf]svmorirultwnnqhx{ruxotwnrvkqtkuxoz}t~xqtkfi`VYPLOFOSHMQFGK@AE:EI>GK@EI>LPENRGNRGHLAPTIY]RQUJLPEOSHQUJNRGNRGSWLRVKKOCGK?HL@SWL[_TY]R[_Tgjatwn~x~x~~x|~twn}w}wuxo{|lofY]RRVKSWL^bWnqhzy}wz}trsjgh_Z]TKNESWLTXMXYOOPFJNCLPEMQFHLAGK@LPEMQFEI>JNCQUJY]RX\QTXMRVKLPEIMBMQFMQFSWLOSH[_TVZO[_TZ^SSWLW[PZ[Qcd[nof{~twn_d[Y_TVZOjnc{}||oriY\SRVKW[PMQFPTIQWLQWLSYNY_TW]RU[P_eZbh]cg\jnckodfi`lofpsjsvmrulpulrwn{w}y{w{w|}yv{rzvsxonrlptnq{uoysblf\g_T_WW]XV\WSYTLRMPWRHOJY`[elg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`dYmpg{~uz{~uz}t|v~xwzqy{{qtk}wz}tuxoaeZVZOY]RZ^Sei^|v{~xxnqhbe\OTKMSHKODRVKTUKFJ?KODMQFJNCIMBKODKODGK@LPEOSHZ^SX\QW[PVZOMQFLPEIMBGK@KODGK@SWLNRGTXMUYNV\QY]R[_TWXNfg^uxorwn\aXW[Pjncvz~xzy~~x^aXW[PY]RVZOQUJZ^SQUJY]Rcg\UYNQUJ^bW[_Tbf[ptivzomqfknerulvyptwn|~z{|x}y|{wzv}{~uipilslx|elilspv}z¾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`UY]RRVKJNCFJ?GK?HL@FJ>EI=IMBIMBRVK\`Ubf[nrgwzqvyp{zx{ry~{~u}~~{rvk[_T\`UY]Rcg\w{p}}}w|vxuxonqh\aXNTIGK@KODNOEJNCLPEMQFJNCGK@FJ?HLAJNCUYNOSHUYNVZOX\QX\QPTISWLVZOTXMQUJQUJVZOUYNVZOY]RRXM[_T[_TRSI^_Usvmbg^QTKad[qrhy}oriZ]TVZOX\QQUJRVK[_T[_TY]RVZOW[P^bW^bWaeZoshvzoptilpevyp|v{~u~z|{{w}y|rwnpulv{r{}y}w~|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eh_jmdilcilcoriqtkoriy|ssvmnqhruly|s{~usvmknepsjz}tvyppsjruloriqtkorix{rlofsvmpsjjmdZ]TDG>NQHei^psjvyp~xx{r|vx{rwzqvypvyptwnx{rx{r}wqtkbe\RVKFJ?KODMQFFJ?FJ?FJ?AE:DH=FJ?OSHOSHMQFRVKTXMVZOY]RTXMPTIPTIOSHJNBCG;=A5GK?JNBJNCQUJW[PX\Q_cXei^x{r}wz|v}z}ty{wzq|v}z}t|{~ux|q^bWUYNVZObf[oshy}r}vy|sz}t|v|vx}tfkbRXMJPENRGIMBHLALPEMQFLPEKODHLAGK@LPEPTIJNCNRGVZOY]RUYNNRGOSHRVKPTIKODOSHQUJTXMRVKVZONTIPVKRVK_cX^bWilc|xpulZ]Tad[cd[y}y`cZY\SOSHGK?FJ?LPEUYN[_TX\QY]RaeZ^bW\`UaeZdh]fj_ei^qtkwzqvypvypy|s}wuxoqtksvmruldg^loftwny|s{~uz~y~~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cX\`Ulofnqhmpgloforitwnuxosvmqtktwnvypvypvypwzqy|sz}tqtkvyptwntwnoriqtksvmlofvypwzqpsjqtkpsj_bYSVMMPG_cXfj_svmx{rrultwnwzqrulwzq~x{~uvypsvm~xuxodg^\`UUYNNRGOSHMQFFJ?FJ?GK@EI>DH=JNCJNCMQFQUJRVKZ^SUYNTXMQUJMQFJNCHL@EI=AE9AE9GK?FJ>KODRVKW[P]aV_cXloflofvyp~x{y|sz}ty|s{~uz|vz|vxpti`dY_cXdh\fj^quixz{z~x|xrwn^dYU[PTXMLPELPERVKSWLQUJRVKPTIMQFMQFHLAIMBLPETXMVZOPTIOSHMQFOPFNOEJNCQUJVZOY]RSYNV\Q\bWSYNUYNjnc_cXZ^Sqvmy~ucf]cf]_`Wqtk{}{~ufi`MQFEI=JNCDH=OSH\`UQUJNRGY]RTXMX\QY]R]aVgk`cg\imbhkbfi`y|svyplofbe\]`Wbe\dg^eh_nqhqtkjmdori{~NVK7=239.>B6<@49=19;/39.8>3CI>SWLZ^SUYNIMB@D9FJ?HLA?C76:.6:.8<07<-9>/7;/7;/AE9;?3AE9=A56:.59-9@39@39=19=18<048,8:.@B69=159-=A5<@4:>248,9=16:.;?3?C7<@4BF:9=1EI=MQE@D8@D8?C7<@4<@4?C7CG;DHAE9=A5<@4>B6DH>B6HL@CG;BF:BF:?C7DHB7<@5JNC=>4de[:;2<@5AE9AF7;B3CI>:@5D9BH=?E:9?4FLA>D9AGBJ?KQFGMBJPEKQFIMBMQFLPEOUJBH=:@5AGDJ?IODDJ?GMBBH=JPEHNCHNCMSHU[PKQFHNCHNCMSHMSHMSHLRGFLAEK@QWLNTIFLAKQFLRGGMBNTIOUJIODIODNTIQWLNTIMSHQWLTZO\`URVKIMBIMBFJ?RVKRVKHLAEI>GK@NRGHLALPEUYNMSHJPESWLSWLHLANRGNRGGK@OSHMQFIMBNRGRVKSWLQUJNRGLPENRGPTHJNBQUIIMBMQFQUJPTIMPGQUJOSHMQFLPENOENOENOENOEKODHLAGK@HLAIMBJNCLPEOSHJNCFJ?IMBIMBKODOSHKODGK@MQFIMBLPELPENRGNRGJNCKODNRGPTIJNCFJ?JNCGK@DH=JNCFJ>KOCMQEDHB7;?4DH=@D9?C8DH=HLAQUJQUJIMBUYNNRGZ^S[_TNRGEI>IMALPDGK?CG;JNBFJ>EI>LPEUYN\`UY]RVYP`cZrulvyp|v|}|||v|vy|uz~srvkimbbfZZ^Rgk_x|{~|v}y{nti^dYW[PPTISWLX\QRVKJNCLPEOSHKODJNCLPEQUJMQFPTIOSHNRGVZOW[PMNDLMCKODRVKZ^SY]RTZOU[PZaTU[PW[PW[PRVKTXM{uxotwn}~uz}ty}}wilcNRGIMAHLAOSHKODHLAIMBMQFVZOY]RZ^RW[PZ^Sgk`cg\jncrvkz}t|v{~uqtknqhfi`eh_ad[gjampgnqh`cZdg^vyp~xwzqy~u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`cZgjampgpsjuxosvmuxouxohkbqtkx{rsvmvypvyporinqhtwnmpgtwnsvmx|vuysmrinsjinemrihnciodgjaknetwnvyptwnknejmdUXOGMBKOD_cXij`{|s}wtypsxotwnvypz}tnqhy|s{~ux{r}worijncVZOGK@@D9<@5@D9BF:8>3?E:?E:GMBTXMRVKOSHTXMVZOUYNW[PUYNPTIPTINRGFJ?AE:BF;JNCLPENRGRVKPTINRGQRHef\swlwzq}~}y||~twnvwnlmd\]SOQE_aUij`xyp||}z|rvkUVLNMCNRFTXLIMA@D8IMBTXMTXMMQFHNCOUJQWLOUJPVKSYNRXMLRGVWMPTIRULZ]TUXOVZO\`TGN?_^TXYOUXOJOFQVMw{u|y~uglc[`W\_V_bY^aX]`WLOFZ]TZ]T_bY]bYch_pulw|s}y|}y}y~z}yy}w~|uysy}w~|wxt{thohiojpvqRVPCF=DH=AE935)59.AE:[_Tcg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`dYosh|vz{v{r}}w~|v~x{~u|}wkneRVKHLAOSHX\Qx{r{~xz}t|lof_`VUTJKOCOSGJNBHL@PTISWLPTIKOD[_TSWLLPENRGVZOZ^SSWLJNCWXNQUJX\QRULQUJVZOOSGJQBMNDRSINRGOTKuzq{yqxqkoiquotxrrvpimgy}wx|vuysrvp~fi`JNCCG3@D9X\Q[_SEI=<>2<>2>@4DF:OQEBD8DF:=?3AC7=?38:.48,;?3<@49=18<09=19=19=1;?337+9=19=137+;?39=1<@49=1<@46:.7;/;?3:>2:>248,6;,;?3>B6=A5<@4=A5FJ>BF;@D8;?3@D8:>2?C7EI=:>2?C7?C7;?3;?3?C7@D8BF:DHB6FJ>?C7;?3GK?<@4CG2<@4FJ>DF:DF:FF:BD8HJ>@D8EI==A5;?3AE9?C7DH=@D9<@5>B7AE:>B7=A6AE:AE9EI=EI=BF:AE9@D8CG;IMAHLAFJ?HLAGK@>B7IMBNRGDH=CGCGCG<EK@GMBHNCDJ?BH=GK@CGGK?EI=LPDRVJLPEMQFMQFQUJKODNRGJNCGK@NRFKOCJNCMQFQUJVZOY]R\`Ugjahkbilcjmdorisvmorigjaimbmqfnrgqujimbkodfj_aeZdh]cg\gk`fj_oshoshrvkvzoqtknqhqtklofrulmpgoshlpeilcsvmmpgorilofvypqtkfi`[aVIMBEI>MQF^_Vsvmtwnvypz}twzqsvmknesvmvypuxo{~uuxotwnaeZOSHGK@FJ?HLABF;AG<@F;?E:EI>FJ?BF;EI>OSH\`URVKPTIUYNUYNQUJIMBAE:EI>HLARVKPTIJNCKODLPEPTIW[PNRGSWLbf[lof}w|{~uzz|~xy|v{~uz|twn^bWUYNNRGTXMy|sz||{~xx{rija\[QZ^RTXLJNBGK?JNBLPENRGSWLY]ROSHIMBNRGTXMTXMPTINRGNOEPTISWLKODPTIVZOOSGQXKIMBJNCV\Qotk~~w~y|}v{rW\SJPEFJ?=A6LPEQUJ@D88<09=19=1DF:IK?<>2CE9@B6;=1;=157+9=1AE9?C78<06:.8<0;?3=A559-;?36:.?C78<08<0=A5<@4?C7AE98<06:.=A5:>248,7;/16'8<0=A5:>2=A5=A5IMAFJ?@D88<0?C7<@4@D8FJ>;?3@D8BF:<@4;?3>B6@D8AE9CG;DHB6@D8BF:AE9@D8?C7@D8BF:>B6CG;CG;AE9FJ>>B6CE9;=1>B6@D8?C7HL@AE9AE9AE9<>2BF:?C79=19=1>B6=A5;?3AE9DHBF:AE9?C7?C7CG;?C8DH=DH=BF;9=2HLAJNCAE:AE:EI>AE:AE:?C8<@5?C8BF;>D9FLACI>AGB6IMAJNBJNBNRFJNBJNBHL@KOCDHDHIMBGK@BF;AE:JNCPTISWLY]R\`UW[PQUJOSHOSHMQFIMBMQFJNCHLAMQFNRGPTIQUJW[PX\QW[P[_Tvyp~x}wy}w{~u}z}w~x~x~xtwndg^TWNTWNknesvm|{y|z}tymneWUMRVJKOCFJ>EI=IMANRFRVJZ^SNRFKOCKOCOSGOSGLPDMQERVJOPFUYNMQFMQFPTIOSHQUJIPCIODFLAlrgþþĿľsxocf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`dYfi`lofnqhlofmpgpsjpsjnqhnqhrulnrgdh]Y]R[_TTXMOSHJNCOSHOSHJNCPTIKODSWLVZOW[P_cX`dYhlaoshy}rx|qx|qsvmqtkx{rruloriknesvmsvmsvmtwndi`Z_VWZQKNEBF;_cXstjwz}ty|ssvmrulqtkrultwnx{rtwny|ssvmjmd^bWSWLSWLTXMPTIBF;DH=GK@DH=EI>DJ?KQFIMBOSHSWLQUJNRGKODHLAHLAIMBDH=HLAIMBJNCPTIQUJRVKHL@X\QW[POSHZ^Svzox|qy{}w{~u{yz}t~z}t}wz}tgjaSVMKNEPSJhkb}y}}wz}wvwnXVNLPEEI=DHAI>RZO}wyshkb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ei^y}rswl~w}wyyyz}|v|v|~x{wysdf`SVMILChkb~u{}||vz}~uhf^SWLIMBIMBAE9AE9IMAFJ>FJ>OSGOSGLPDHL@HL@LPDNRFNRFQRHGK@MQEKOCIMAPTIMQFKPGOWMwuÿy}wimgX\VLPJLPE7;0/3',0$/3'*/ 49*5:+57+8:.68,46*68,79-68,79-7;/8<0=A537+59-8<06:.?C7=A5>B69=115)8<0:>226*<@427(8<037+8<0;?3;?3;?3?C8?C7=A5=A5DHB6=A5;?3<@4>B6BF:?C7?C7;?3CG;DHB6AE9DHDHEI=DHB6>B629,8?2<@4:>2:>2?C79@3B6CG;EI=BF:=A5?C7?C7?C7@D8?C7=A5?C7<@4=A5AE9@D8CG;CG;BF:<@4GK@CG<@D9@D9IMB@D9BF;?C8DJ?=C8@F;9?4>D9?E:?E:BH=CGFJ?GK@GK@PTIMQFHLALPEPTINRGMQFGK@MQFKODMQFLPELPEMQFHLAIMBIMBMQFNRGMQFMQFKODJNCLPEPTIHLANRGIMBIMBMQFLPENRGIMB@D9NRGPTIDH=IMBLPEEI>KODHLAIMBFJ?FJ?<@5BF;DH=DHIMANRGLPEUYNbf[jmdqtksvmorimpgnqhorioriorilofdg^]`WSWLKODFJ?HLA@D9GK@HLADH=GK@JNCLPELPERVKJNCMQFMQFGK?MQFUYN]aVbf[jncrulx{rvypmpgrulsvmsvmvyptwntwnwzqine`e\HMDAGIMBGK@EI>GK@GK@FJ?KODPTILPEMQFIMBBF;BF;DH=HLAOVIJQDNRFOSHcg\lpehi_tuky|s{{~u~~x|y|sz}tvyp{}w~znpj]_YLOFWZQjkay}rwzq}uxo|}~usqiTXMGK@JNCGK?GK?NRFEI=BF:GK?JNBKOCFJ>CG;FJ>LPDPTHRSILPENRFIMAHL@KODJMDV[Ru|uswl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aUUYMDHGK@EI>HLAMQFJNCGK@LPEHLADH=HLAHLAGK@HLAGK@IMBLSFEL?QUILPEVZO]aVde[qrh|v{z}t}z~x~|||xzthkb[^U^_Umqfvyp|v~x{~wtodh]LPEGK@?C8?C7HL@EI=GK?FHJL@IK?FHQUJGK?GK?LPDFJ?TWNilc{yele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kodz~wyzzy{upsj~x}wz}t{~u{~urzpdlb]e[OWMX`VS[QYaWS[QMRIPULOTKKPGINEKPGHMDCH?AF=FKBLOFQTKWYS_a[oqk{ſt{tqvm^cZLQHFKBFKBNSJW\S]b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lofvypsvmjmdtwnqtkmpglpequjjmdjmdpsj`cZKODMQF?C7DHGK@IMBKODKODKQFMSHQWLRXMVZOUYNVZOcg\kod{t{u|uzzxx}}zzptnswqrvpnrlimggkedhb`d^^f\\c\cjcryrv}vquovztſ|z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knerultwnjmdknenqhorinrgswllofilckneZ]TGK@IMB@D8BF:CG;CG;CG;BF:BF:AE9FJ?BF;EI>EI>FJ?EI>@D9AE:FJ?BF;GK@GK@JNCLPEGK@QUJ[\Rkodnrgtxmpsjtwntwntypz}tsvmnqhlqhine]bYOUJFLAKLBVZOjncoujuzqorisvm{|svyptwnwzqwzqwzqsvmsvmad[VZOKODFJ?AE:AE9DH27;/:>2;?3<@49=18<0:>29=18<08<0?C7>B69=1<@4:>2<@49=1=A5?C7>B7;?4=A6CGCG;AE9HL@DH<>B6@D8BF:?C7;?3=A5BF:?C7DH<>B6AE9FJ><@4@D8BF:AE9<@4=A5:>26=0>E8>E8?C7CG;AE9=A5<@4<@49=18<0;?3:>2;?3CG;BF:9=1<@4@D8>B6<@4;?3?C7>B69=1=A5AE9@D9=A6BF;?C8CGAGEK@HNCCI>KQFKQFAGEI>MQFLPEIMBLPERVKKODKODRVKLPEIMBMQFJNCOSHLPDPTHKOCCG;EI=KOCNRFNRFMNDGH>KODCGLPEQUJCGE8BF:AE9DH=GK@EI>KODX^S]aVlpeptitxmoshkodrvkswloshmpgorilof_bYQTKIMBDHB6BF:AE9<@4>B6DHCGBF;BF;AE:CGGK?EI=CG;FJ?JNCIMBEI>CGIMBMQFW[PPTIIMBIMBOSHRVKPTILPEOSHPTINRGUYNTXMPTIX\QVZO^bWgk`z}tĿ|zdi`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fj_swlwzqknempglqhuxouxotwnqtkorilqhag\NTIKODOSHVZOmqfx{r{~uqtkrulnqhlofvypz}tx{rvypyuxohlaTXMEI>DH=DH=BF;BF:BF:FJ?IMBIMBDH=AE:EI>KODNRGVZORVKLPEGK@EI>HLALPEPTIKODMQFLPERVKQUJLPESWLPTIW[P^bWrul}þ~zine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ei^swlwzqilcqtkrwnuxorulpsjlofkneqtkjpeX^SLPEKODUYNcdZuvmsvmtwnuxox{rsvmwzqy|swzqsvm|vuxotwn_cXHLADH=CGB6<@4>B6CG;GK?EI=CG;CG;AE9@D8@D8<@4AE9:>2<@4=A5<@4<@49=16:.9=1;?3;?3<@4>B6:>2<@4>B6=A5;B58?252:>2:>2:>2;?359-=A5<@4;?39=19=1=A59=1;?39=1=A58<0:>2BF:?C7@D8BF;CGD9?E:AG<B7EI>HLAKODIMB>B7JNCGK@CI>AGHNC?E:>D9>D9JPEEK@BH=DJ?EK@BH=?E:?E:FLAKQFJPEFLAFLAHNCHNCIODOUJNTIMSHIODHNCOUJOUJEK@KQFKQFMSHQWLRXMOUJJPEFLAJPEAGGK@BF;?C8EI>LPEKODHLAJNCLPEKODKODLPEJNCHLAHLAHLACG=A6EI>NRGKODHLAFJ?JNCCG;EI==D7;A6DJ?NTIZ^Sfj_jmdlofqtkmpgrulilcilcsvmsvmvyporicf]WZQFJ?=A5?C79=1<@4?C7@D8AE9AE9?C7>B6?E:AGB7>B7EI>IMBLPEPTIOSHRSISWL_cXoshrulnqhvypuzquvmqripsjpsjlofqtkqujfj_QWLOSHQUJXYOklcmpgvypx}t|vtwnrulsvmwzqtwn}w|vsvmdg^MQFDH=AE:EI>PTIPTIOSHLPEJNCFJ?EI>LPEQUJLPEJNCKODMQFOSHPTIOSHMQFKODNOEQRHSTJSTJSWLQUJKODOSHUYN_cX~x½lslae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hlaknetwnwzqsvmstkqriwzqz}trulruluynquj]cXW[PKODUVL`aXoritwny~u~xx{rtwnuxoz}tsvmwzquxotwnmpgWZQJNCCGOSHKODJNCHLAGK@LPELPEBF;GK@MQFRVKQUJLPEIMBJNCNRGQRHQRHRSIMNDQUJQUJHLAOSHSWLnrgx|wptndhbTXR@E<16-6;29?4.4)-1%-1%,0$+0!.1"/2"/2".1!47(7:+79-37+26*59.5;05;06;,7<->B6>B6<@4@D8>B7;?4BF:48,59-7<-9@1>E69@1:A29=1=A5CG;9=148,:>259-59-:<0<@47;/:>2:>2<@47;/3?C8:>39=215*7;0=A6:A429,9@32=A5>B6;?38<17;0AE:IMBDH=AE:>B76:/6:/>B7@D9>B7>B7@D9AE:CG<>D9@F;FLAKQFHNCAG<>D9?E:;A6@F;BH=HNC5;0BH=FLADJ?AGAGAG/8<06:.<@4;?3<@4EI=AE:EI>KODNRGRVKJNCDH=KODFJ?EI=>B6:>2;?3>B6AE9GK?MQENRGMQFSWL]aV_cXhlauynswlqtkuxosvmvypqtkilcrulwzqdi`Y^UHMDDG>QUJfg]vwmwvyp{~u~xmpgtwn{~uwzquxoqwloujag\SWLJNCCG;AE9FJ>FJ>GK?DHJNBFJ>GK?FJ?KODNRGEK@FLAPXMOSHLPEQUJDJ?JOFLQHJOFLQHae_¾~lqhineglc\a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ad[nsjv{rgjadg^gjailchi`ijaqtkpsjgjajmdpsjnqhmpgilcnrglpejmdeh_VYPDH=9=18<0B7EI>EI>AE:FJ?GK@DH=EI>=A6?C7>B6@D8CG;AE9>B6BF:JNBQUJPTIRVKW[P[_Tei^txmw{px{rtwnnqhqtksvmrultwntwnmridi`SXOKNENRG[\Rhi_tukvypvypz}tx{ryy|suxox{rx{rvyphkbW[PKOD@D9:@5?E:CGLPEGK@DH=FJ?EI>AG/8=.5:+9>/8=.7<-9;/:<09=1<@4;?4:>3>B7<@5BF:AE959-7;/6:.26*9=16:.>@49=1:>26:.>B69=1;?3;B5;?3;?3;?3?C7>B6<@4:>2<@4:A48?2>E8:>248,9=1:>259-8<06:.6:.9=1;?3<@4;?3;?3@D9BF;?C8<@5?C8BF;BF;CGD9@F;AG3BH==C8AGNTIDJ?CI>AG<;A6AG<@F;CI>BH=JPECI>DJ?@F;EK@BH=FLAAGEK@CI>:@5=C8GMBDJ?CI>HNCAGFLAEK@QUJGK@DH=JNCKODFJ?BF;?C8BF;BF;?E:CI>IODIODPTIMQFJNCAE:FJ?JNCFJ?NRGTXMKODGK?IMAPTHHL@MQEJNBJNBKOCJNCHLAFJ?IMBMQFKODJNCMQFLPDOSGMQEGK?EI=GK?FJ>BF:FJ?HLANRGPTIKODHLAIMBJNCPTIHLACGB69=16;,<@4;?36:.37+9=1?C77;0?C8FJ?FJ?JNCJNCCGB7>B6BF:DHFKBDI@@E/2AE::>3?C7?C79=19=18<06:.;?39=1=?38<08<06:.;?38<08<06=06:.7;/6:.;?38<0;?39=1=A5:A49=1<@46:.37+9=1:>29=18<0:>29=18<09=19=1=A5CG;?C7AE9>B6<@4>B6AE9CG;EI=:@5AG?E:@F;DJ?AG<7=28>37=2AG<;A6BH=FLAOUJBH=@F;BH==C8?E:>D9>D9;A6CI>EK@DJ??E:@F;?E:DJ?CI>CI>AGBH=;A6AGFLADJ?EK@FLAEK@GMBGMBAGD9GMBJNCJNC?C8NRGGK@FJ?IMBJNCPTIPTIGK@GK?JNBMQEHL@KOCKOCMQEPTHMQFJNCFJ?FJ?IMBHLAGK@JNCIMBDH=CG2:>27;/8<0?C7BF:=A6?C8IMBMQFNRGKODCG<@D9DH=DHKLBWXNeh_psjsvmtwnwzqrulz}tuxoxxr||vxztuxonsjbg^YaW]e[bg^V[RSXO^cZ^cZRWNKPGOTKOWM_g]rwn|xy~u}~y}y}y~|~pxq`g`OVOBJ@27;/9=159-6:.:<07;/6:.:>28<0:>27;/528<0<@47;/9=18<0:>2=A59@3:A4:>2<@4<@4;?3;?39=1;?3@D89=1>B6AE9BF:DHEK@@F;=C87=2?E:AGAG<@F;IODDJ?BH=EK@DJ?HNCEK@HNCIODGMBEK@FLAFLACI>HNCJPEPVKIODGMBAGFJ?HLAGK@BF;CGAGKOCOSGUYMOSHOSHJNCEI>FJ?GK@EI>DH=MQFGK@CGHLAIMBHLAGK@PTISWLTXMQUJPTITXMVZOQUJMQFLPELPEKODTXM[_TY]R`dYbf[fj_fj_cg\hlahlaei^fj_gk`lpemqfimbhlaimbkodptilpejncknejmd^aXKOD=A5:>27<-7;/7;/8<0=A5BF:AE9AE:DH=DH=CGJNCHLAAE:BF;EI=?C7?C7BF:=A56:.:>2FJ>HLANRGOSHHLALPEQUJSWLdh]wzqtwnwzqsvmsvmy|suxox{ry|vsvmgjaX\QJNCGK@MQFY]Rgk`ptiptirvkptiz~srvk}~u~~xxztwysz~xz~xzz~|rvpswq~|uysptnuysrzp{y~|vuxorul}y{}{x~yntofkb[`WRWNDJ?;A6;A65;006+07(/6'-4%16'16'49*:?09>/16'38)28<07>18<07;/6:.:>2:>2;?37;/6:.<@48<0:>2;?3=A5:A43:-3:-:>28<08<0:>2:>28<048,26*7;/<@4?C7@D8AE9?C7>B6@D8=C8@F;CI>BH=?E:D9BH==C8:@5:@5BH=?E:>D9D9DJ?CI>CI>BH=>D9>D9BH==C8CI>AGKODMQEPTHFJ>HL@DHMQFTXMVZOUYN[_TaeZbf[cg\gk`dh]Z^SY\S_cXdh]\`U_cX`dYVZO`dY`cZgjampgdg^hkblofilcdg^ilckneknegjajmdorimpgnqhrvkoshorioribe\LPE<@48<07<-37+48,59-;?3<@49=1?C8CG<>B7@D9DH=LPELPEAE:>B7BF:DHB6:>2;?3>B6?C7BF;GK@KODDH=HLAOSHQUJcg\}wz}tx{rpsjknenqhsvm|vz}ty|suxompgcg\UYNLPELPEVZO\`Ugk`lpeptioshy}rw{pyzqy|suxouxo|zw{uuwqy{u~||z~|{z½u|umtmdkd_g]JRH?G=;@76;228-28-17,48-27(27(38)38)6;,8=.6;,5:+68,26*59-8<037+48,7;/4;.48,6:.;?38<07;/48,7;/8<0:>29=1;?39=1;?38?2/6).5(<@448,26*37+48,8<0<@4:>2:>2<@4;?3;?3>B6@D8AE9DH<=C8=C8@F;DJ?BH=D9;A6:@58>3=C8D9?E:EK@DJ?FLACI>D9AG<@F;BH=CI>CI>AG=C8;A6?E:BF;@D9AE:BF;AE:CGDH=FJ?FJ?HLA@F;FLAGK@JNCFJ?DH=JNCKODGK@IMBKOCOSGFJ>GK?GK?FJ>KOCMQEKODPTIQUJOSHMQFJNCIMBKODKODSWLVZORVKQUJVZO]aV_cXhkbhkbhkbfi`fi`knenqhknedg^gjajnchlacg\\`UVZOVZO[\S`aXjmddg^jmdorikpgglcilchkbkneilcmpgpsjilcjmdptioshpsjnqhdg^QUJ@D87;/:?06:.6:.48,9=1;?38<0CG29=159-9=1;?36:.8<0:A45B6?C7?C7AE99?49?49?49?4:@5:@59?47=2AG<4:/28-=C8AG<;A6;A6EK@DJ??E:?E:IOD@F;>D9;A6D9EK@CI>DJ?9?4=C8BH=?E:@F;CI>?E:@F;CI>?E:BH=GMBGMBFLA?E:AGBH=AG<>D9?E:@D9@D9DH=HLAEI>CGFJ?AG@A7IMBBH=EK@BF;GK@MQFMQFHLAFJ?GK@GK@HL@KOCHL@FJ>LPDCG;JNBGK?GK@LPEPTIQUJOSHIMBHLANRGJNCNRGUYN]aVbf[dh]hlalpeorilofknejmdfi`gjajmdjmdnqhilcfi`mqffj_Z^SZ^SNRFQRIPQH^aX_bYgjagjadi`glcgjafi`mpgnqhorimpgeh_knelpemqfmpgjmdad[SWL@D837+7;/6:.6:.15)59-9=19=1GK@OSHBF;DH=CG<@D9CGB7@D9KODFJ?FJ?LPEIMBVZO^aXad[cf]psjuxopsjsvmqtktwny|sy|swzqrvkei^UYNLPEJNCFJ?Z^Sdh]rvky}rw{pqujoujv|qsynqtky|s}¾}t~xdkfX_ZEMF7>719/08--4'&- +/#-2#&+27(,2!/5$'-/5"17&06%17&28'06%.4#06%5;*27(38)7<-5:+.3$49*8=.05&07(/6',3$18)8?24;..5(18+15)15)8<0:>26:/6<117@3B6?C7@D89=1;A6?E:AG3;B58?2AH;:A4>E8=D7=D7AH;AH;=D7@G:@G:?F9BIE8>E8AH;IPCHOBAH;BI<@G:?F9DK>CJ=EL?>E8AH;@G:DK>@D8AE9BF:CG;EI=FJ>EI=CG;BI?E:=C8DJ?BH=DH=KODOSHLPEJNCKODKODIMBCGE829,7<-6;,48,4;..5(8?2>D9@F;<@5<@5CG<<@5@D9EI>>B7IMBHOBEL?;B5>E8?F9?F9AH;BIIPCNTIPVKW]Reh_orisuowys{{utyprwnpultypnsjglcaf]KPGJOFGJAPTIZ^Sgk`rvkrul{|sy}rvzonrgvzow~v~~qyohmd\bWQWLEJA?D;6;239./5*(/"$+(/")-!,0$.2&,0$)-!*.".2&26*29,(/"'.!(/"%,)0#,3&'.!26*/3',0$/3'6:.38).3$16'6;,49*48,6:.8<0=A5AE9AE:7>/7>/8?07>152<@48<0;?3AE9?C7>B7@D9BF;AE:@D9?C8>B7=A6@D8CG;FJ>:>2>B6DHB6AE9AE9?C7@D8?C7=A5GK??C7;?3CG;CG;?C7DHJNBIMACG;BF:<@4AE9BF:HL@<@4<@4=A5@D8BF:CG;CG;BF:BF:CG;AE:IMBHLA@D9DH=EI>>B7IMBOSHKODEI>DH=FJ?GK@CG<@D9DH=CG<>B7BF;IMBLPEGMBOSHPTIQUJQUJPTIUYNWXNZ_Vaf]gjafi`fi`gjaknersjsvmlofsvmtwnilcilcmpgkneknelofjmdeh_cf]fi`be\VYPUYNMQFMQFRVK^aXjmdlofnqhlmdjmdilcgjahkbilcmpgqvmnpjqtktwnoriaeZQWLDJ?8?2:?05:+04(3:-/6)29,5;0;A6;?4@D9CGBI@G:AH;@G:=C828-+1&.4)8>3=C82;=17<-;@1>C4=B3;?3>B6>B67;/AE9;?3>B6BF:AE9AE9@D8:>2<@5>B7@D9@D9>B7=A6>B7@D9AE9@D8=A5;?3?C7>B6CG;?C7DH<>B6;?3:>29=1;?3@D8AE9FJ>BF:?C7CG;BF:?C7DHAE9CG;?C7@D8?C7AE9:>2:>2=A5BF:EI=CG;CG;CG;>B6HL@FJ>CGLPELPEAE:BF;IMBNRGIMBDH=DH=GK@HLAKODBF;FJ?BF;BF;JNCFJ?HLAEK@OSHNRGPTIUYNUYNX\Q\]Scf]knekneilcilchkbhkbmpglofilcorimpgknehkbeh_psjlofloflofkneilcknehkb`cZZ^SQUJLPENRGX[Rhkbjmdlofqriqtknqhkneknejmdjmdinesvmuxotwnjmd^bWRXMFLA8>37;/8<048,53=A6BF;HLAKODAE:>E8CJ=EL?EL??F9TVJij`tukz{r}~uz{rz{rvypvypuxoxzt½~~u|uhohahagngu|u||yyv}vcjcIPI8@6.6,$*%!(%))./4%'.-4%/6'27(6;,7:+58)::,>A2=@1;>/7<-6;,:?0=B39@1BF:9=159-8<0<@4?C7?C7:>26:.:>2<@4<@4<@4>B6@D8@D8@D8>B69=1@D8DH<=A5?C7;?3=A59=19=1BF:BF:>B6AE9AE9AE9FJ>HL@GK?AE9?C7DHCG;DHFJ?JNCKODJNCJNCEI>GK@GK@JNCNRGHLAEI>HNCRVKOSHSWL]aV]aV_cXfg]fj_mqflpejncmqfkodgk`jncmqfkodmqfimboshnrgcg\oshjncjncnrgoshhladh]fj_hla]aV[_TUYNNRGLOF[^Ucf]lofmndptiptioshqujqujnrgjpepsjmpgknehkbcg\Z`UKQF;A604(8<037+/6)07*6=029,3:-59-26*37+6:.:>2AE9EI==A5BF:FJ>IMAJNB@D8;?3?C7;?3<@4?C7@D8AE9BF:@D8=A5>B6CD:CD:DE;JKAVWMcdZmndpqglpegk`ptiqujmqfmqfimblpe_bYJMD;?4?C8TUKef\mneqrixypstkvwnoqkgicikez~x¾munS\R=F<,6*$,!"+"+#,)2%-4'/6)6:.37+02&24(<>28:.:<0/8=.4;,9=148,26*6:.:>2=A5>B6<@448,:>2;?39=1<@4AE9AE9=A5:>2AE9;?3>B6@D8BF:AE959-@D89=17;/DHB6BF:EI=DHLPEIMBEI>CG2;?3@D8;?3<@4EI=EI=GK?JNBBF:<@4CG;BF:CG;DH2=A5=A59=18<09=19=1=A5>B6<@4>B6BF:BF:=A5>B6@D8<@4@D8@D8BF:@D8;?3GK?>B659->B6>B69=1CG;FJ>GK??C7;?3DHFJ>EI=DHB6BF:@D8@D8@D8>B6<@4?C7CG;?C7EI=HL@@D8BF:LPDIMBAE:EI>GK@GK@FJ?EI>GK@GK@FJ?BF;JNCEI>GK@HLADH=LPEMQFTZO]aV]aVdh]jncfj_dh]fg]jkbhi`ijamnersjsvmpsjjmdhkbknempglofilcknepsjoriilcnqhorihkbeh_lofpsjjmdilcilc_bYSVMAE:IMBKODUYNhi`knempgjmdhkbeh_cf]bg^mpgjmdlofpsjkod^dYRXMHNC;?39=159-7>13:-18+-4'3:-=A515);?3:>28<0<@46:.@D8DHB6DH419/+3)6<117,/5*.4)*0%,0$26*6:.7;/8<08<07;/6:.48,48,7;/;?3;?3;?3<@4=A5=A5>B6?C7DH<>B6=A5EI=CG;CG;>B6DH<<@4=A56:.=A5>B6;?3BF:;?3AE9=A5<@4CG;AE9<@4@D8BF:?C7CG;GK?AE9DHB6?C7@D8?C7=A5<@4=A5?C7@E6FJ>CG;>B6EI=BF;FJ?IMBGK@DH=CG/;?359-59-15)26*48,59-@D8?C7@D8:>2;?3=A5;?3>B6?C7:>2;?3:>2;?3?C7@D8=A5>B6=A5;?3>B7DJ?NSJZ^Ximgvzu{yw}xqxquys~}½u}vkslaibV^TW_UV^TOUJBH=;?49=26:.6:.7;/7;/<@4AE9>B67;/59-9;/68,68,:<0:<068,9;/AC7:<0;=1>@4>@4:<0CE9;=1=?39;/>@468,8:.:<0>@4HJ>=?3:<0CE9CE9=?357+8:.AC7@B6=?3CE9HJ>?A5BD8CE9FHB6<@4;?3:>2FJ?DH=BF;AE:AE:BF;IMBJNCNRGHLALPERVKRVK_cXfj_cg\`dYcg\bf[aeZgk`ij`ig_dbZijanofklcpqhrulhkbz}tsvmeh_lofilcbe\nqhfi`kneeh_fi`lofknehkbjmdnqhsvmrulilcfi`TXMSWLBF;BF;CD;ORI_bYknempghkbgjalofei^fj_imbmqforilqh`e\NSJJNC?C86:.5B6AE9AE9@D8BD8?A58:.46*79-8:.9;/;=1?C7?F9EK@QVMdhb|}þĿþ½½nxrdnhhnidje`faekfrxssyt^d_EKF:B719.+3(+3(-6)09,2;.1:--3"28':@/?E4-?B32:>2=A5=A5:>2<>2CE9CE9?A5BD8EG;DF:AC7AF7CH9CH9@E6;@19>/2BF:BF:?C7BF:AE9;?39=1AG<;A6=C8BH=BH=FLAJPEGMBLSDFM>AH;LSFOUJV\QX]Taf]ci^_eZek`_eZ`f[ntix~sdj_pthgk`gk`fj_lofqtkgicdf`fla_eZ\bW`f[`f[]cXag\iodcjchohjnhfjdejach_fi`mpgqrhtukqrhgk`_cXRVKBF:7;/7>/CJ;PWHX_Rah[kqflrghnchncbh]ek`mshmshgmbag\^dYOSHBF;9=159-38)38)49*4:)/4%16'38)8=.8=.27(/4%49*;>/9<-58)25&47(9<-/6>32:/19.3;03;04<18@5?GB6<@4=A5<@4;?3=A5@D8AE9AE9<@4AE9CG;@D8=A5=A5;?38<0;=1=?3?A5@B6?A5=?3<>2<>2A2AD5CF7BE6AD5?C7=A5?C7BF:AE9DHC4GK?UYMaeZhlagk`dg^_bYmpgtwnnqhloforijmd`cZRWNIOD=C84://6),3&*1$*1")0#)0#(/"+2%.5(+2%*1$.5(5;09?4:@56<14:/:@5BH=HNCKRKIPIKRKRYRZaZcjcovoxx~t{vhojahc[b]T[VNUPKRMEJABG>DI@FND@H>/9>/9>/C4VWM]^U_`WabY]`Wmpgsvmnqhilccf]ad[eh_Y`YU\UGOE9A73;1.6+*2',4)-5+/7-19/5=3>F>D98>35;05;04:/17,-3(/5*.4)28-39.06+17,28--3(28-6<19?49?4:@5>D9?E:;A6CF=PSJWZQ^aX^aXjlfmoinpjpsjilcbe\hkbgjadg^cf]knervptxrbf`TYPW\SY^UMUKGMB=B9:?6DI@RWN[`W`d^dhbkoiquoswqswqnrlbf`dhbw{uv~whpiemfbjc`haendlsnqxsu|wz|½z{~wvr{qpyopyooxnnwm_g`]e^aibbjc^f_]e^\d]V^W\b]agbbhcbhcflgjpkiojekfhohhohryrt{tpwpryrjqjpwp||y}ww{uvztszslslnunszs}}Ŀ½¾½