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VEMWIHJEGIJEGI XSJEGIHMQIRWMSR [IPHMRKIRHIRH XSIRHHMQIRWMSR VMRKNSMRXIRHXS IRHHMQIRWMSR
238) 7II 8EFPIWXSJSV HMQIRWMSRW ERH
*MKYVIh7PEFKEXIXLVSYKLGSRHYMXVMWMRKWXIQKEXIZEPZI
'ST]VMKLX%QIVMGER4IXVSPIYQ-RWXMXYXI
-73 ) %4-7TIGMJMGEXMSR(-73
/I]
PYFVMGEXSVWGVI[
KPERHWXYHWERHRYXW
KPERH GSZIVWXYHWERHRYXW
GSZIV
GSZIVKEWOIX
WXIQTEGOMRK
PYFVMGERXGLIGOZEPZI
TPYK FSH] WXSTGSPPEV VEMWIHJEGI [IPHMRKIRH
VMRKNSMRX
VEMWIHJEGIJEGIXSJEGIHMQIRWMSR
[IPHMRKIRHIRHXSIRHHMQIRWMSR VMRKNSMRXIRHXSIRHHMQIRWMSR 238) 7II8EFPIWXSJSV HMQIRWMSRW ERH
*MKYVIh4PYKZEPZI
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'ST]VMKLX%QIVMGER4IXVSPIYQ-RWXMXYXI
-73 ) %4-7TIGMJMGEXMSR(-73
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WXIQWIEP
FSRRIXGSZIV
FSRRIX
FSH]FSPXMRK
FSH] WIEXVMRK
WXIQ
FEPP
VEMWIHJEGI
[IPHMRKIRH VMRKNSMRX
VEMWIHJEGIJEGIXSJEGIHMQIRWMSR
[IPHMRKIRHIRHXSIRHHMQIRWMSR
VMRKNSMRXIRHXSIRHHMQIRWMSR 238) 7II8EFPIWXSJSV HMQIRWMSRW ERH
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'ST]VMKLX%QIVMGER4IXVSPIYQ-RWXMXYXI
-73 ) %4-7TIGMJMGEXMSR(-73
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WXIQ FSH]GSZIV
WXIQWIEP FSH]
WIEXVMRK
FEPP
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GPSWYVI
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VEMWIHJEGIJEGIXSJEGIHMQIRWMSR
[IPHMRKIRHIRHXSIRHHMQIRWMSR
VMRKNSMRXIRHXSIRHHMQIRWMSR 238) 7II8EFPIWXSJSV HMQIRWMSRW ERH
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FSH]
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[IPHMRKIRH
VMRKNSMRX
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VMRKNSMRXIRHXSIRHHMQIRWMSR 238) 7II8EFPIWXSJSV HMQIRWMSRW ERH
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GSZIVFSPXMRK
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WLEJX
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WIEXVMRK
WYTTSVXVMFWSVPIKW
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VEMWIHJEGIJEGIXSJEGIHMQIRWMSR
[IPHMRKIRHIRHXSIRHHMQIRWMSR
VMRKNSMRXIRHXSIRHHMQIRWMSR
238) 7II8EFPIWXSJSV HMQIRWMSRW ERH
*MKYVIh6IHYGIHSTIRMRKW[MRKGLIGOZEPZI
'ST]VMKLX%QIVMGER4IXVSPIYQ-RWXMXYXI
-73 ) %4-7TIGMJMGEXMSR(-73
/I]
GSZIVFSPXMRK
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FSH]
GPETTIVHMWGEVQ
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GPETTIVHMWG
WYTTSVXVMFWSVPIKW
VEMWIHJEGI
[IPHMRKIRH VMRKNSMRX HMVIGXMSRSJJPS[
VEMWIHJEGIJEGIXSJEGIHMQIRWMSR
[IPHMRKIRHIRHXSIRHHMQIRWMSR
VMRKNSMRXIRHXSIRHHMQIRWMSR
238) 7II8EFPIWXSJSV HMQIRWMSRW ERH
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DDDDDDDDDDDDD
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FSH]
LMRKI RYX
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WIEXVMRK FIEVMRKWTEGIVW
LMRKITMR
LMRKITMRVIXEMRIVW
HMVIGXMSRSJJPS[
*MKYVI h7MRKPITPEXI[EJIVX]TIGLIGOZEPZIPSRKTEXXIVR
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/I]
FSH] GPSWYVITPEXI
WXSTTMR
WTVMRK
LMRKITMR
TPEXIPYKFIEVMRKW
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LMRKITMRVIXEMRIVW
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FSH]
GPETTIV TMR
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/I]
FSH] VSHKYMHERGI
HMWG
FIEVMRK
WTVMRK
JPS[HMVIGXMSR
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7II8EFPIWXSJSVHMQIRWMSRW
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GSZIVFSPXMRK
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FSH] TMWXSR
PMRIV WIEXVMRK
WYTTSVXVMFWSVPIKW
VEMWIHJEGI
[IPHMRKIRH VMRKNSMRX HMVIGXMSRSJJPS[
VEMWIHJEGIJEGIXSJEGIHMQIRWMSR
[IPHMRKIRHIRHXSIRHHMQIRWMSR
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238) ERH
7II8EFPIWXSJSVHMQIRWMSRW
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(IWMKR (IWMKRWXERHEVHWERHGEPGYPEXMSRW 4VIWWYVIGSRXEMRMRKTEVXWMRGPYHMRKFSPXMRKWLEPPFIHIWMKRIH[MXLQEXIVMEPWWTIGMJMIHMR'PEYWI (IWMKR ERH GEPGYPEXMSRW JSV TVIWWYVIGSRXEMRMRK IPIQIRXW WLEPP FI MR EGGSVHERGI [MXL ER MRXIVREXMSREPP] VIGSKRM^IH HIWMKR GSHI SV WXERHEVH [MXL GSRWMHIVEXMSR JSV TMTI PSEHW STIVEXMRK JSVGIW IXG 8LI GLSMGI SJ WXERHEVHWLEPPFIF]EKVIIQIRX 238) )\EQTPIW SJ MRXIVREXMSREPP] VIGSKRM^IH HIWMKR GSHIW SV WXERHEVHW EVI %71)7IGXMSR:--- (MZMWMSR SV (MZMWMSR%71)&)2ERH)2
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8LIEPPS[EFPIWXVIWWZEPYIWWLEPPFIGSRWMWXIRX[MXLXLIWIPIGXIHHIWMKRGSHISVWXERHEVH
-JXLIWIPIGXIHHIWMKRGSHISVWXERHEVHWTIGMJMIWEXIWXTVIWWYVIPIWWXLERXMQIWXLIHIWMKRTVIWWYVIXLIR XLIHIWMKRTVIWWYVIJSVXLIFSH]GEPGYPEXMSRWLEPPFIMRGVIEWIHWYGLXLEXXLIL]HVSWXEXMGXIWXTVIWWYVIMR GERFIETTPMIH 238) 7SQIHIWMKRGSHIWSVWXERHEVHWVIUYMVIEGSRWMWXIRXERHWTIGMJMGETTPMGEXMSRSJVIUYMVIQIRXWJSVJEFVMGEXMSR ERHXIWXMRKMRGPYHMRK2()
4VIWWYVIERHXIQTIVEXYVIVEXMRK 8LIRSQMREPTVIWWYVI 42 GPEWWSVXLI%71)VEXMRKGPEWWWLEPPFIYWIHJSVXLIWTIGMJMGEXMSRSJXLIVIUYMVIH TVIWWYVIGPEWW :EPZIWGSZIVIHF]XLMW-RXIVREXMSREP7XERHEVHWLEPPFIJYVRMWLIHMRSRISJXLIJSPPS[MRKGPEWWIW 42 GPEWW 42 GPEWW 42 GPEWW 42 GPEWW 42 GPEWW 42 GPEWW 42 GPEWW 4VIWWYVIXIQTIVEXYVIVEXMRKWJSVGPEWWVEXIHZEPZIWWLEPPFIMREGGSVHERGI[MXLXLIETTPMGEFPIVEXMRKXEFPIJSV XLIETTVSTVMEXIQEXIVMEPKVSYTMR%71)& 4VIWWYVIXIQTIVEXYVI VEXMRKW JSV 42VEXIH ZEPZIW WLEPP FI MR EGGSVHERGI [MXL XLI ETTPMGEFPI VEXMRKXEFPI JSV XLIETTVSTVMEXIQEXIVMEPKVSYTMR)2 -JMRXIVQIHMEXIHIWMKRTVIWWYVIWERHXIQTIVEXYVIWEVIWTIGMJMIHF]XLITYVGLEWIVXLITVIWWYVIXIQTIVEXYVI VEXMRKWLEPPFIHIXIVQMRIHF]PMRIEVMRXIVTSPEXMSR 4VIWWYVIXIQTIVEXYVI VEXMRKW JSV ZEPZIW QEHI JVSQ QEXIVMEPW RSX GSZIVIH F] %71)& ERH )2 WLEPPFIHIXIVQMRIHJVSQXLIQEXIVMEPTVSTIVXMIWMREGGSVHERGI[MXLXLIETTPMGEFPIHIWMKRWXERHEVH 238)
2SRQIXEPPMGTEVXWGERPMQMXQE\MQYQTVIWWYVIWERHQMRMQYQERHQE\MQYQSTIVEXMRKXIQTIVEXYVIW
8LIQE\MQYQSTIVEXMRKTVIWWYVIEXXLIQMRMQYQERHQE\MQYQSTIVEXMRKXIQTIVEXYVIWWLEPPFIQEVOIHSR XLIREQITPEXI
7M^IW :EPZIWGSRWXVYGXIHXSXLMW-RXIVREXMSREP7XERHEVHWLEPPFIJYVRMWLIHMRRSQMREPWM^IWEWPMWXIHMR8EFPI 238)
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42 GPEWW
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42 GPEWW
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247
6EMWIH JEGI
;IPHMRK IRH
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6EMWIH JEGI
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6SYRHTSVXJYPPFSVI
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6EMWIH JEGI
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6MRK NSMRX
42 GPEWW
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(2
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6EMWIH JEGI
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42 GPEWW
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-73 ) %4-7TIGMJMGEXMSR(-73
%PPS[EFPIWXVIWWIW
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h-J ER EGXYEXSV SV STIVEXSV GER HIPMZIV E XLVYWX SV XSVUYI XLEX MW KVIEXIV XLER XLI HIWMKR XLVYWX SV XSVUYI SJ XLI HVMZI XVEMR WYGL E XLVYWX SV XSVUYI GER VIWYPX MR TIVQERIRX HIJSVQEXMSR SV JEMPYVISJHVMZIXVEMRGSQTSRIRXW %PPS[EFPIHIJPIGXMSRW (IJPIGXMSRWSJ XLII\XIRHIH HVMZI XVEMR WLEPP RSX TVIZIRX XLI SFXYVEXSV JVSQ VIEGLMRK XLIJYPP] GPSWIH SV JYPP] STIRTSWMXMSR *SV EPP ZEPZIW EXXIRXMSR WLEPP FI TEMH XS HIJPIGXMSR ERH WXVEMR %HLIVIRGI XS XLI EPPS[EFPI WXVIWW PMQMXW SJ HIWMKRGSHIWEPSRIQMKLXRSXVIWYPXMREJYRGXMSREPP]EGGITXEFPIHIWMKR8LIQERYJEGXYVIVWLEPPHIQSRWXVEXI F]GEPGYPEXMSRSVXIWXXLEXYRHIVPSEHWVIWYPXMRKJVSQHIWMKRTVIWWYVIERHER]HIJMRIHTMTISVI\XIVREPPSEHW HMWXSVXMSRSJXLISFXYVEXSVSVWIEXHSIWRSXMQTEMVJYRGXMSREPMX]SVWIEPMRK
7XIQVIXIRXMSR :EPZIWWLEPPFIHIWMKRIHXSIRWYVIXLEXXLIWXIQHSIWRSXINIGXYRHIVER]MRXIVREPTVIWWYVIGSRHMXMSRSVMJXLI TEGOMRKKPERHGSQTSRIRXWERHSVZEPZISTIVEXSVQSYRXMRKGSQTSRIRXWEVIVIQSZIH
*MVIX]TIXIWXMRK -J WTIGMJMIH F] XLI TYVGLEWIV JMVI X]TIXIWXMRK GIVXMJMGEXMSR SJ XLI HIWMKR WLEPP FI TVSZMHIH *MVI X]TIXIWXMRK WLEPPFIGEVVMIHSYXMREGGSVHERGI[MXL'PEYWI(YRPIWWSXLIV[MWIEKVIIH
%RXMWXEXMGHIZMGI 7SJXWIEXIH ZEPZIW WLEPP LEZI ER ERXMWXEXMG HIZMGI YRPIWW SXLIV[MWI EKVIIH -J WTIGMJMIH F] XLI TYVGLEWIV ZEPZIWWLEPPFIXIWXIHMREGGSVHERGI[MXL'PEYWI&
(IWMKRHSGYQIRXW 8LIHIWMKRWLEPPFIHSGYQIRXIHMREVIXVMIZEFPIERHVITVSHYGMFPIJSVQ
(IWMKRHSGYQIRXVIZMI[ (IWMKR HSGYQIRXEXMSR WLEPP FI VIZMI[IH ERH ZIVMJMIH F] GSQTIXIRX TIVWSRRIP SXLIV XLER XLI TIVWSR [LS TIVJSVQIHXLISVMKMREPHIWMKR
'ST]VMKLX%QIVMGER4IXVSPIYQ-RWXMXYXI
-73 ) %4-7TIGMJMGEXMSR(-73
1EXIVMEPW
1EXIVMEPWTIGMJMGEXMSR 7TIGMJMGEXMSRW JSV QIXEPPMG TVIWWYVIGSRXEMRMRK ERH TVIWWYVIGSRXVSPPMRK TEVXW WLEPP FI MWWYIH F] XLI QERYJEGXYVIVERHWLEPPEHHVIWWXLIJSPPS[MRKEWEQMRMQYQ GLIQMGEPEREP]WMW GEVFSRIUYMZEPIRX MJETTPMGEFPI LIEXXVIEXQIRX QIGLERMGEPTVSTIVXMIWMRGPYHMRKGLEVT]MQTEGXWERHLEVHRIWW MJETTPMGEFPI XIWXMRK GIVXMJMGEXMSR 1IXEPPMGTVIWWYVIGSRXEMRMRKTEVXWWLEPPFIQEHISJQEXIVMEPWGSRWMWXIRX[MXLXLITVIWWYVIXIQTIVEXYVIVEXMRK EWHIXIVQMRIHMREGGSVHERGI[MXL9WISJSXLIVQEXIVMEPWWLEPPFIF]EKVIIQIRX
7IVZMGIGSQTEXMFMPMX] %PP TVSGIWW[IXXIH TEVXW QIXEPPMG ERH RSRQIXEPPMG ERH PYFVMGERXW WLEPP FI WYMXEFPI JSV XLI GSQQMWWMSRMRK JPYMHWERHWIVZMGIWTIGMJMIHF]XLITYVGLEWIV1IXEPPMGQEXIVMEPWWLEPPFIWIPIGXIHWSEWXSEZSMHGSVVSWMSRERH KEPPMRK[LMGL[SYPHMQTEMVJYRGXMSRERHSVTVIWWYVIGSRXEMRMRKGETEFMPMX] 7IPIGXMSR SJ IPEWXSQIVMG QEXIVMEPW JSV ZEPZIW MRXIRHIH JSV L]HVSGEVFSR KEW WIVZMGI EX TVIWWYVIW SJ 42 GPEWW ERHEFSZIWLEPPGSRWMHIVXLIIJJIGXSJI\TPSWMZIHIGSQTVIWWMSR
*SVKIHTEVXW )EGLJSVKMRKWLEPPFILSX[SVOIHERHLIEXXVIEXIHXSTVSHYGIYRMJSVQKVEMRWM^IERHQIGLERMGEPTVSTIVXMIWMR XLIJMRMWLIHTVSHYGX
'SQTSWMXMSRPMQMXW 8LI GLIQMGEP GSQTSWMXMSR SJ GEVFSR WXIIP TVIWWYVIGSRXEMRMRK ERH TVIWWYVIGSRXVSPPMRK TEVXW WLEPP FI MR EGGSVHERGI[MXLXLIETTPMGEFPIQEXIVMEPWXERHEVHW 8LI GLIQMGEP GSQTSWMXMSR SJ GEVFSR WXIIP [IPHMRK IRHW WLEPP QIIX XLI JSPPS[MRK VIUYMVIQIRXW YRPIWW SXLIV[MWIEKVIIH 8LIGEVFSRGSRXIRXWLEPPRSXI\GIIH F]QEWW 8LIWYPJYVGSRXIRXWLEPPRSXI\GIIH F]QEWW 8LITLSWTLSVYWGSRXIRXWLEPPRSXI\GIIH F]QEWW 8LIGEVFSRIUYMZEPIRX')WLEPPRSXI\GIIH
'ST]VMKLX%QIVMGER4IXVSPIYQ-RWXMXYXI
-73 ) %4-7TIGMJMGEXMSR(-73
8LI')WLEPPFIGEPGYPEXIHMREGGSVHERGI[MXL)UYEXMSR
') ' 1R 'V 1S : 2M 'Y
8LI GLIQMGEP GSQTSWMXMSR SJ SXLIV GEVFSR WXIIP TEVXW WLEPP FI MR EGGSVHERGI [MXL XLI ETTPMGEFPI QEXIVMEP WXERHEVHW 8LI GEVFSR GSRXIRX SJ EYWXIRMXMG WXEMRPIWW WXIIP [IPHMRK IRHW WLEPP RSX I\GIIH F] QEWW I\GITX JSV WXEFMPM^IHQEXIVMEPMR[LMGLGEWIEGEVFSRGSRXIRXSJYTXS F]QEWWMWTIVQMWWMFPI 8LIGLIQMGEPGSQTSWMXMSRSJSXLIVQEXIVMEPWWLEPPFIIWXEFPMWLIHF]EKVIIQIRX
8SYKLRIWWXIWXVIUYMVIQIRXW %PPGEVFSREPPS]WXIIPWERHRSREYWXIRMXMGWXEMRPIWWWXIIPJSVTVIWWYVIGSRXEMRMRKTEVXWMRZEPZIWWLEPPQIIXXLI XSYKLRIWWXIWXVIUYMVIQIRXWSJXLIETTPMGEFPITMTIPMRIHIWMKRWXERHEVH %PP GEVFSR EPPS] WXIIPW ERH RSREYWXIRMXMG WXEMRPIWW WXIIP JSV TVIWWYVIGSRXEMRMRK TEVXW MR ZEPZIW [MXL E WTIGMJMIH HIWMKR XIQTIVEXYVI FIPS[ ' * WLEPP FI MQTEGXXIWXIH YWMRK XLI 'LEVT] :RSXGL XIGLRMUYIMREGGSVHERGI[MXL-73 SV %781% 238) (IWMKR WXERHEVHW SV PSGEP VIUYMVIQIRXW GER VIUYMVI MQTEGX XIWXMRK JSV QMRMQYQ HIWMKR XIQTIVEXYVIW LMKLIV XLER ' *
%QMRMQYQSJSRIMQTEGXXIWXGSQTVMWIHSJEWIXSJXLVIIWTIGMQIRWWLEPPFITIVJSVQIHSREVITVIWIRXEXMZI XIWXFEVSJIEGLLIEXSJXLIQEXIVMEPMRXLIJMREPLIEXXVIEXIHGSRHMXMSR 8IWXWTIGMQIRWWLEPPFIGYXJVSQEWITEVEXISVEXXEGLIHFPSGOXEOIRJVSQXLIWEQILIEXVIHYGIHF]JSVKMRK [LIVI ETTPMGEFPI ERH LIEXXVIEXIH XS XLI WEQI LIEX XVIEXQIRX MRGPYHMRK WXVIWWVIPMIZMRK EW XLI TVSHYGX QEXIVMEPW I\GITX XLEX MX MW RSX RIGIWWEV] XS VIXIWX TVIWWYVIGSRXEMRMRK TEVXW WXVIWWVIPMIZIH EX SV FIPS[ E TVIZMSYWWXVIWWVIPMIZMRKSVXIQTIVMRKXIQTIVEXYVI 8LI MQTEGX XIWX WLEPP FI TIVJSVQIH EX XLI PS[IWX XIQTIVEXYVI EW HIJMRIH MR XLI ETTPMGEFPI QEXIVMEP WTIGMJMGEXMSRWERHTMTIPMRIHIWMKRWXERHEVH )\GITX JSV QEXIVMEP JSV FSPXMRK MQTEGX XIWX VIWYPXW JSV JYPPWM^I WTIGMQIRW WLEPP QIIX XLI VIUYMVIQIRXW SJ 8EFPI ;LIVIXLIQEXIVMEPWTIGMJMGEXMSRSVXLITMTIPMRIHIWMKRWXERHEVHVIUYMVIWMQTEGXZEPYIWLMKLIVXLER XLSWIWLS[RMR 8EFPI XLI LMKLIV ZEPYIW WLEPP ETTP] -QTEGX XIWXVIWYPXWJSVFSPXMRK QEXIVMEP WLEPPQIIX XLI VIUYMVIQIRXWSJ%781% 8EFPI h1MRMQYQ'LEVT]:RSXGLMQTEGXVIUYMVIQIRXW JYPPWM^IWTIGMQIR 7TIGMJMIHQMRMQYQXIRWMPIWXVIRKXL 14E
%ZIVEKISJXLVIIWTIGMQIRW
7MRKPIWTIGMQIR
.
.
XS
8LIW]QFSPW YWIHMRXLMW IUYEXMSREVIRSX MR EGGSVHERGI [MXL XLI-73HMVIGXMZIW JSVIPIQIRXW YWIHMRQEXLIQEXMGEP IUYEXMSRW,S[IZIVHYIXSMXW[MHIWTVIEHYWIEHIVSKEXMSRLEWFIIRKVERXIHXSVIXEMRXLMWIUYEXMSRMRMXWSVMKMREPJSVQ 'ST]VMKLX%QIVMGER4IXVSPIYQ-RWXMXYXI
-73 ) %4-7TIGMJMGEXMSR(-73
&SPXMRK
&SPXMRKQEXIVMEPWLEPPFIWYMXEFPIJSVXLIWTIGMJMIHZEPZIWIVZMGIERHTVIWWYVIVEXMRK 'EVFSRERHPS[EPPS]WXIIPFSPXMRKQEXIVMEP[MXLELEVHRIWWI\GIIHMRK,6' ,&; WLEPPRSXFIYWIH JSVZEPZIETTPMGEXMSRW[LIVIL]HVSKIRIQFVMXXPIQIRXGERSGGYVYRPIWWSXLIV[MWIEKVIIH 238)
,]HVSKIRIQFVMXXPIQIRXGERSGGYVMRFYVMIHTMTIPMRIW[MXLGEXLSHMGTVSXIGXMSR
,EVHRIWWPMQMXWJSVSXLIVFSPXMRKQEXIVMEPWWLEPPFIF]EKVIIQIRX
7SYVWIVZMGI 1EXIVMEPW JSV TVIWWYVIGSRXEMRMRK ERH TVIWWYVIGSRXVSPPMRK TEVXW ERH FSPXMRK WLEPP QIIX XLI VIUYMVIQIRXW SJ -73 EPPTEVXW MJWSYVWIVZMGIMWWTIGMJMIHF]XLITYVGLEWIV
:IRXERHHVEMRGSRRIGXMSRW 8LVIEHIHTPYKWWLEPPFIGSQTEXMFPI[MXLXLIZEPZIFSH]QEXIVMEPSVQEHIJVSQEGSVVSWMSRVIWMWXERXQEXIVMEP
;IPHMRK 5YEPMJMGEXMSRW ;IPHMRKMRGPYHMRKVITEMV[IPHMRKSJTVIWWYVIGSRXEMRMRKERHTVIWWYVIGSRXVSPPMRKTEVXWWLEPPFITIVJSVQIHMR EGGSVHERGI [MXL TVSGIHYVIW UYEPMJMIH XS -73 -73 -73 SV %71)7IGXMSR-< ERH ERH SJ XLMW -RXIVREXMSREP 7XERHEVH;IPHIVW ERH [IPHMRK STIVEXSVW WLEPP FI UYEPMJMIH MR EGGSVHERGI [MXL -73 %71)7IGXMSR-<SV)2 238) 8LI TYVGLEWIV TMTIPMRI HIWMKR WXERHEVHW QEXIVMEP WTIGMJMGEXMSRW ERHSV PSGEP VIUYMVIQIRXW GER WTIGMJ] EHHMXMSREPVIUYMVIQIRXW
8LIVIWYPXWSJEPPUYEPMJMGEXMSRXIWXWWLEPPFIHSGYQIRXIHMRE456 4;,8WLEPPFITIVJSVQIHMREGGSVHERGI[MXLXLIVIPIZERXQEXIVMEPWTIGMJMGEXMSR 238) 7SQITMTIPMRI[IPHMRKWXERHEVHWGERLEZIQSVIWXVMRKIRXVIUYMVIQIRXWJSVXLIIWWIRXMEPZEVMEFPIWSJ[IPHMRK -X GER FI RIGIWWEV] XS TVSZMHI JYPP [IPH XIWX VMRKW MR XLI WEQI LIEX XVIEXQIRX GSRHMXMSR EW XLI JMRMWLIH ZEPZI JSV [IPH TVSGIHYVIUYEPMJMGEXMSR
-QTEGXXIWXMRK 5YEPMJMGEXMSRW SJ TVSGIHYVIW JSV [IPHMRK MRGPYHI VITEMV [IPHMRK TVIWWYVIGSRXEMRMRK TEVXW WLEPP QIIX XLI XSYKLRIWWXIWXVIUYMVIQIRXWSJXLIETTPMGEFPITMTIPMRIHIWMKRWXERHEVH %WEQMRMQYQMQTEGXXIWXMRKWLEPPFIGEVVMIHSYXJSVXLIUYEPMJMGEXMSRSJTVSGIHYVIWJSV[IPHMRKSRZEPZIW[MXL EHIWMKRXIQTIVEXYVIFIPS[ ' * 238) (IWMKR WXERHEVHW ERHSV PSGEP VIUYMVIQIRXW QMKLX VIUYMVI MQTEGX XIWXMRK EX QMRMQYQ HIWMKR XIQTIVEXYVIW EFSZI ' *
%WIXSJXLVII[IPHQIXEPMQTEGXWTIGMQIRWWLEPPFIXEOIRJVSQXLI[IPHQIXEP ;1 EXXLIPSGEXMSRWLS[RMR *MKYVI8LIWTIGMQIRWWLEPPFISVMIRXIH[MXLXLIRSXGLTIVTIRHMGYPEVXSXLIWYVJEGISJXLIQEXIVMEP
'ST]VMKLX%QIVMGER4IXVSPIYQ-RWXMXYXI
-73 ) %4-7TIGMJMGEXMSR(-73
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
,EVHRIWWXIWXMRK ,EVHRIWWXIWXMRKWLEPPFIGEVVMIHSYXEWTEVXSJXLI[IPHMRKTVSGIHYVIUYEPMJMGEXMSRSRTVIWWYVIGSRXEMRMRKERH TVIWWYVIGSRXVSPPMRKTEVXWMRZEPZIWVIUYMVIHXSQIIX-73 EPPTEVXW ,EVHRIWW WYVZI]W WLEPP FI TIVJSVQIH SR &1 ;1 ERH ,%> MR EGGSVHERGI [MXL XLI VIUYMVIQIRXW SJ -738LILEVHRIWWQIXLSHYWIHWLEPPFI:MGOIVW,:SV,: 238) *SV I\MWXMRK UYEPMJMGEXMSR SXLIV LEVHRIWW QIEWYVIQIRX QIXLSHW WYGL EW ,6' SV ,6& EVI EGGITXEFPI F] EKVIIQIRX
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
'ST]VMKLX%QIVMGER4IXVSPIYQ-RWXMXYXI
-73 ) %4-7TIGMJMGEXMSR(-73
/I]
[IPHQIXEP
LIEXEJJIGXIH^SRI
FEWIQIXEP
*MKYVIh'LEVT]:RSXGL[IPHQIXEP ;1 WTIGMQIRPSGEXMSR
/I]
[IPHQIXEP
LIEXEJJIGXIH^SRI FEWIQIXEP
*MKYVIh'LEVT]:RSXGLLIEXEJJIGXIH^SRI ,%> WTIGMQIRPSGEXMSR
DDDDDDDDDDDDD
'ST]VMKLX%QIVMGER4IXVSPIYQ-RWXMXYXI
-73 ) %4-7TIGMJMGEXMSR(-73
5YEPMX]GSRXVSP
2()VIUYMVIQIRXW %R]TYVGLEWIVWTIGMJMIH2()VIUYMVIQIRXWWLEPPFIWIPIGXIHJVSQXLIPMWXMREGGSVHERGI[MXL%RRI\%*MREP 2()EGXMZMXMIWWLEPPFIGSRHYGXIHEJXIVLIEXXVIEXQIRXYRPIWWSXLIV[MWIEKVIIH
1IEWYVMRKERHXIWXIUYMTQIRX +IRIVEP 1IEWYVMRK ERH XIWX IUYMTQIRX WLEPP FI MHIRXMJMIH GSRXVSPPIH ERH GEPMFVEXIH EX MRXIVZEPW WTIGMJMIH MR XLI QERYJEGXYVIVtWMRWXVYGXMSRW (MQIRWMSRQIEWYVMRKIUYMTQIRX (MQIRWMSRQIEWYVMRK IUYMTQIRX WLEPP FI GSRXVSPPIH ERH GEPMFVEXIH MR EGGSVHERGI [MXL QIXLSHW WTIGMJMIH MR HSGYQIRXIHTVSGIHYVIW 4VIWWYVIQIEWYVMRKHIZMGIW 8]TIERHEGGYVEG] 8IWXTVIWWYVIQIEWYVMRKHIZMGIWWLEPPFIIMXLIVTVIWWYVIKEYKIWSVTVIWWYVIXVERWHYGIVWXLEXEVIEGGYVEXIXS [MXLMR SJXLIJYPPWGEPIVIEHMRK +EYKIVERKI 4VIWWYVIQIEWYVIQIRXWWLEPPFIQEHIFIX[IIR ERH SJXLIJYPPTVIWWYVIVERKISJXLIQIEWYVMRK HIZMGI 'EPMFVEXMSRTVSGIHYVI 4VIWWYVIQIEWYVMRKHIZMGIWWLEPPFI TIVMSHMGEPP]VIGEPMFVEXIH[MXLEQEWXIVTVIWWYVIQIEWYVMRKHIZMGI SV E HIEH[IMKLXXIWXIVEX ERH SJXLIJYPPTVIWWYVIWGEPI 8IQTIVEXYVIQIEWYVMRKHIZMGIW 8IQTIVEXYVIQIEWYVMRKHIZMGIWWLEPPFIGETEFPISJMRHMGEXMRKERHVIGSVHMRKXIQTIVEXYVIJPYGXYEXMSRWSJ' *
5YEPMJMGEXMSRSJMRWTIGXMSRERHXIWXTIVWSRRIP 2()TIVWSRRIP 2() TIVWSRRIP WLEPP FI UYEPMJMIH MR EGGSVHERGI [MXL XLI VIUYMVIQIRXW WTIGMJMIH MR -73 SV %7287288'% 4IVWSRRIPTIVJSVQMRKZMWYEP I\EQMREXMSRWWLEPP LEZITEWWIHERERRYEPI]II\EQMREXMSRMREGGSVHERGI [MXL -73 SV%7287288'%[MXLMRXLITVIZMSYWX[IPZIQSRXLW
'ST]VMKLX%QIVMGER4IXVSPIYQ-RWXMXYXI
-73 ) %4-7TIGMJMGEXMSR(-73
;IPHMRKMRWTIGXSVW 4IVWSRRIP TIVJSVQMRK ZMWYEP MRWTIGXMSR SJ [IPHMRK STIVEXMSRW ERH GSQTPIXIH [IPHW WLEPP FI UYEPMJMIH ERH GIVXMJMIH XS XLI VIUYMVIQIRXW SJ %;75' SV IUYMZEPIRX SV E QERYJEGXYVIVtW HSGYQIRXIH XVEMRMRK TVSKVEQQI
2()SJVITEMVW %JXIVHIJIGXVIQSZEPXLII\GEZEXIHEVIEWLEPPFII\EQMRIHF]QEKRIXMGTEVXMGPI 18 SVPMUYMHTIRIXVERX 48 QIXLSHWMREGGSVHERGI[MXL%RRI\%6ITEMV[IPHWSRTVIWWYVIGSRXEMRMRKTEVXWWLEPPFII\EQMRIHYWMRKXLI WEQI2()QIXLSHXLEX[EWYWIHXSHIXIGXXLIHIJIGX[MXLEQMRMQYQSJ18SV48%GGITXERGIGVMXIVMEWLEPP FIEWWTIGMJMIHMR%RRI\%JSVXLIETTVSTVMEXITVSHYGXJSVQ8LIJMREP2()EGXMZMXMIWWLEPPFIGSRHYGXIHEJXIV TSWX[IPHLIEXXVIEXQIRXYRPIWWSXLIV[MWIEKVIIH 8LI2()VIUYMVIQIRXWWTIGMJMIHF]XLITYVGLEWIVMRWLEPPEPWSETTP]XSVITEMV[IPHMRK
;IPHIRH2() -J XLI TYVGLEWIV WTIGMJMIW XLEX [IPH IRHW FI WYFNIGXIH XS ZSPYQIXVMG SV WYVJEGI 2() XLI I\EQMREXMSR ERH EGGITXERGIGVMXIVMEWLEPPFIMREGGSVHERGI[MXL'PEYWI%
:MWYEPMRWTIGXMSRSJGEWXMRKW %PPGEWXMRKWEWEQMRMQYQWLEPPFIZMWYEPP]MRWTIGXIHMREGGSVHERGI[MXL17774
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Y MRWXEPPEXMSRSTIVEXMSRERHQEMRXIRERGIMRWXVYGXMSRWQERYEPW Z KIRIVEPEVVERKIQIRXWHVE[MRKW [ GVSWWWIGXMSREPHVE[MRKW[MXLTEVXWERHQEXIVMEPWPMWX \ JPS[GSIJJMGMIRX ZSV Z ] GYVVIRXUYEPMX]QEREKIQIRXW]WXIQGIVXMJMGEXI 'ST]VMKLX%QIVMGER4IXVSPIYQ-RWXMXYXI
-73 ) %4-7TIGMJMGEXMSR(-73
%RRI\( MRJSVQEXMZI 4YVGLEWMRKKYMHIPMRIW
( +IRIVEP 8LMWERRI\TVSZMHIWKYMHIPMRIWXSEWWMWXXLITYVGLEWIV[MXLZEPZIX]TIWIPIGXMSRERHWTIGMJMGEXMSRSJWTIGMJMG VIUYMVIQIRXW[LIRSVHIVMRKZEPZIW
( *MIPHXIWXMRK 4VIWWYVIW HYVMRK XLI XIWXMRK SJ MRWXEPPIH ZEPZIW WLSYPH RSX I\GIIH XLI TVIWWYVI VEXMRK SJ XLI ZEPZI F] QSVI XLER [LIR XIWXMRK [MXL XLI ZEPZI TEVXMEPP] STIR SV F] QSVI XLER [LIR XIWXMRK EKEMRWX E GPSWIH ZEPZI 8IWXWWTIGMJMIH[MXLXLIZEPZILEPJSTIRQE]EPWSFITIVJSVQIH[MXLXLI ZEPZIJYPP]STIRTVSZMHIHXLI FSH] GEZMX]MWWMQYPXERISYWP]JMPPIHERHTVIWWYVM^IHXLVSYKLEGEZMX]GSRRIGXMSR 238)
8LIQE\MQYQXIWXTVIWWYVIJSVZEPZIWJMXXIH[MXLERI\XIVREPTVIWWYVIVIPMIJGERFIPS[IV WII
( 4VIWWYVIVIPMIJ 'IVXEMRZEPZIHIWMKRWXVETTVIWWYVIMRXLIZEPZIFSH]GEZMX][LIRXLIZEPZIMWMRXLIJYPP]STIRERHSVGPSWIH TSWMXMSR,MKLMRXIVREPTVIWWYVIWGERVIWYPXJVSQXLIXLIVQEPI\TERWMSRSJXLIJPYMHXVETTIHMRXLIWIGSRJMRIH EVIEW -J XLI ZEPZI LEW RS WIPJVIPMIZMRK HIWMKR TVSZMWMSR TVIWWYVIVIPMIJ JMXXMRKW WLEPP FI JMXXIH MR XLI ZEPZI FSH] MR EGGSVHERGI[MXL
( 4MKKMRK 8LI TYVGLEWIV WLSYPH I\EQMRI XLI ZEPZI HIWMKR JSV TMKKEFMPMX] [LIR SVHIVMRK ZEPZIW JSV YWI MR TMTIPMRIW VIUYMVMRKTMKKMRK 238) :IRXYVM SV VIHYGIHFSVI ZEPZIW EVI RSXWYMXEFPI JSV QSWX TMKKMRKSTIVEXMSRWMRGPYHMRK MRXIPPMKIRX TMKKMRK FYX GEREPPS[XLITEWWEKISJJSEQTMKW 238) %ZEPZIMR[LMGLXLIHVMZIQIQFIVSVXLISFXYVEXSVSFWXVYGXWXLIFSVIMRXLISXLIV[MWIJYPP]STIRTSWMXMSR IK EHYEPTPEXIGLIGOZEPZI MWRSXTMKKEFPI 238)
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( *MVIX]TIXIWXMRK 8LIJMVIVIWMWXERGIHIWMKRSJZEPZIWWLEPPFIUYEPMJMIHF]JMVIX]TIXIWXMRKMREGGSVHERGI[MXL-73 *MVI VIWMWXERGI HIWMKRW EPVIEH] UYEPMJMIH XS -73 %4-*% %4-*' %4-*( SV %4- EVI EPWS EGGITXEFPI 'ST]VMKLX%QIVMGER4IXVSPIYQ-RWXMXYXI
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8EFPI(h:EPZIHEXEWLIIX
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
4PEMRVEMWIHJEGISVVMRKNSMRX# CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC
-JVMRKNSMRXJPEXSVVEMWIHJEGI# CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC
7M^IERHTVIWWYVIGPEWWEWTIV%71)& SV17774 CCCCC SV%71)&7IVMIW%CCCCCC
6MRKKEWOIXSVSXLIVKEWOIXX]TIERHWM^I CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC 2SXI
+EWOIXWEVIRSXJYVRMWLIHEWETEVXSJXLIZEPZI
;IPHMRKIRH#=IWCCCCCCCC 2S CCCCCCCCCCC
%XXEGLWTIGMJMGEXMSRWJSV[IPHMRKIRHGSRJMKYVEXMSR
7TIGMEPJPERKIWSVQIGLERMGEPNSMRXW# CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC (S[RWXVIEQTMTI 3( CCCCCCCCCCCCCCCCC -( CCCCCCCCCCCCCCCCCCCCCCCCCCC 1EXIVMEP CCCCCCCCCCCCCCCCCC *PERKIHIRH#=IWCCCCCCCC 2S CCCCCCCCCCCCCCCCCCCCCCCCC
4PEMRVEMWIHJEGISVVMRKNSMRX# CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC
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7M^IERHTVIWWYVIGPEWWEWTIV%71)& SV17774 CCCCCC SV%71)&7IVMIW%CCCC
6MRKKEWOIXSVSXLIVKEWOIXX]TIERHWM^I CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC 2SXI
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%XXEGLWTIGMJMGEXMSRWJSV[IPHMRKIRHGSRJMKYVEXMSR
7TIGMEPJPERKIWSVQIGLERMGEPNSMRXW# CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC 0IRKXL %R]WTIGMEPVIUYMVIQIRXWJSVIRHXSIRHSVJEGIXSJEGIHMQIRWMSRW# CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC
'ST]VMKLX%QIVMGER4IXVSPIYQ-RWXMXYXI
-73 ) %4-7TIGMJMGEXMSR(-73
8EFPI( GSRXMRYIH
:EPZISTIVEXMSR -WKIEVFS\[MXLLERH[LIIPVIUYMVIH#-JWSKMZIHIXEMPW CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC *SVELERH[LIIPSRELSVM^SRXEPWLEJXKMZIHMWXERGIJVSQGIRXVIPMRISJZEPZISTIRMRKXSLERH[LIIP CCCCCCCCCC QQ 3V JSV E LERH[LIIP SR E ZIVXMGEP WLEJX KMZI HMWXERGI JVSQ GIRXVIPMRI SJ ZEPZI STIRMRK XS GIRXVI SJ VMQ SJ LERH[LIIP CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC QQ 238)
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8]TI CCCCCCCCCCCCCCCCCCCCCCCCCCCC
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