253
PL
22 /ŶĨŽƌŵĂĐũĞĚŽĚĂƚŬŽǁĞŝĚĂŶĞŬŽŶƚĂŬƚŽǁĞ
tƐnjLJƐƚŬŝĞƉƌĂǁĂĚŽƚLJĐnjČĐĞƚĞũƉƵďůŝŬĂĐũŝƐƚĂŶŽǁŝČǁLJųČĐnjŶČǁųĂƐŶŽƑđĮƌŵLJZK'Zd,EK>K'z
ZK'Z d,EK>K'z njĂƐƚƌnjĞŐĂ ƐŽďŝĞ ƉƌĂǁ ĚŽ ǁƉƌŽǁĂĚnjĂŶŝĂ ĞǁĞŶƚƵĂůŶLJĐŚ ŵŽĚLJĮŬĂĐũŝ ƌſǁŶŝĞǏ ďĞnj
ǁĐnjĞƑŶŝĞũƐnjĞŐŽŝŶĨŽƌŵŽǁĂŶŝĂŽƚLJŵtLJƌĂǍŶŝĞnjĂďƌĂŶŝĂƐŝħǁLJŬŽŶLJǁĂŶŝĂŬŽƉŝŝƐŬĂŶſǁŬŽƌĞŬƚŝŵŽĚLJĮŬĂĐũŝ
ďĞnjƉŝƐĞŵŶĞũnjŐŽĚLJĮƌŵLJZK'Zd,EK>K'z
ZK'Zd,EK>K'znjĂƐƚƌnjĞŐĂƐŽďŝĞǁŬĂǏĚĞũĐŚǁŝůŝƉƌĂǁŽĚŽŵŽĚLJĮŬĂĐũŝŝƉŽƉƌĂǁĞŬƉƌŽĚƵŬƚƵŬƚſƌĞŶŝĞ
ƉŽǁŽĚƵũČnjŵŝĂŶLJǁĞƌƐũŝ&t
tƉƌnjLJƉĂĚŬƵďƌĂŬƵƉƌnjĞŐůČĚƵŝŶƐƚƌƵŬĐũŝŽďƐųƵŐŝƉƌnjLJũŵƵũĞƐŝħǏĞƚĂŝŶƐƚƌƵŬĐũĂŽďŽǁŝČnjƵũĞĚůĂƚĞũŽƌĂnjĚůĂ
ŬŽůĞũŶLJĐŚǁĞƌƐũŝ&tĐĞŶƚƌĂůŝƐƚĞƌŽǁŶŝĐnjĞũ
dĂŝŶƐƚƌƵŬĐũĂǁƌĂnjnjŽƐƚƌnjĞǏĞŶŝĂŵŝĚůĂ ŝŶƐƚĂůĂƚŽƌĂũĞƐƚĚŽƐƚĂƌĐnjĂŶĂǁƉŽƐƚĂĐŝƉĂƉŝĞƌŽǁĞũŝƵŵŝĞƐnjĐnjŽŶĂǁ
ŽďƵĚŽǁŝĞƵƌnjČĚnjĞŶŝĂ
&ŽƌŵĂƚĐLJĨƌŽǁLJ;W&ͿŽƌĂnjǁƐnjLJƐƚŬŝĞĞǁĞŶƚƵĂůŶĞƉƌnjLJƐnjųĞĂŬƚƵĂůŝnjĂĐũĞƐČ ĚŽƐƚħƉŶĞǁnjĂƐƚƌnjĞǏŽŶĞũƐƚƌĞĮĞ
ŶĂƐnjĞũƐƚƌŽŶLJŝŶƚĞƌŶĞƚŽǁĞũǁǁǁƌŽŐĞƌƚĞĐŚŶŽůŽŐLJĐŽŵϮǁƐĞŬĐũŝ^ĞůĨ^ĞƌǀŝĐĞ
^Zt/^<>/EdZK'Zd,EK>K'z
ŽƚǁĂƌƚĞ ŽĚƉŽŶŝĞĚnjŝĂųŬƵĚŽƉŝČƚŬƵ
ŽĚϴϬϬĚŽϭϮϬϬͲŽĚϭϯϯϬĚŽϭϳϯϬ
dĞůĞĨŽŶ нϯϵϬϰϭϱϵϯϳϬϮϯ
ͲŵĂŝů ƐĞƌǀŝĐĞΛƌŽŐĞƌƚĞĐŚŶŽůŽŐLJŝƚ
^ŬLJƉĞ ƐĞƌǀŝĐĞͺƌŽŐĞƌƚĞĐŚŶŽůŽŐLJ
ďLJnjŐųŽƐŝđĞǁĞŶƚƵĂůŶĞƉƌŽďůĞŵLJůƵďƉƌnjĞƐųĂđnjĂŵſǁŝĞŶŝĂĚŽƚLJĐnjČĐĞĂƵƚŽŵĂƚLJŬŝƉƌŽƐŝŵLJŽǁLJƉĞųŶŝĞŶŝĞ
ŶĂƐnjĞŐŽ ĨŽƌŵƵůĂƌnjĂ ŽŶůŝŶĞ EWZtz ĚŽƐƚħƉŶĞŐŽ ŶĂ ŶĂƐnjĞũ ƐƚƌŽŶŝĞ ǁǁǁƌŽŐĞƌƚĞĐŚŶŽůŽŐLJĐŽŵϮ ǁ
ƐĞŬĐũŝ^ĞůĨ^ĞƌǀŝĐĞ
23 ĞŬůĂƌĂĐũĂnjŐŽĚŶŽƑĐŝ
EŝǏĞũƉŽĚƉŝƐĂŶLJƉƌnjĞĚƐƚĂǁŝĐŝĞůƉƌŽĚƵĐĞŶƚĂ
ZŽŐĞƌdĞĐŚŶŽůŽŐLJͲsŝĂŽƫĐĞůůŝϴϯϭϬϮϭŽŶŝƐŝŽůŽĚŝDŽŐůŝĂŶŽsƚŽ;dsͿ
K_t/ƵƌnjČĚnjĞŶŝĞŽƉŝƐĂŶĞƉŽŶŝǏĞũ
KƉŝƐĞŶƚƌĂůĂƐƚĞƌŽǁŶŝĐnjĂĚŽďƌĂŵĂƵƚŽŵĂƚLJĐnjŶLJĐŚ
DŽĚĞůEDGE1
:ĞƐƚnjŐŽĚŶĂnjǁLJŵŽŐĂŵŝƉƌĂǁŶLJŵŝƉƌnjLJũŵƵũČĐLJŵŝŶĂƐƚħƉƵũČĐĞĚLJƌĞŬƚLJǁLJ
ʹϮϬϬϲϰϮt
ʹϮϬϬϰϭϬϴt
ʹϮϬϭϭϲϱt
KƌĂnjǏĞnjĂƐƚŽƐŽǁĂŶŽǁƐnjLJƐƚŬŝĞŶŽƌŵLJŝůƵďƐƉĞĐLJĮŬĂĐũĞƚĞĐŚŶŝĐnjŶĞǁLJŵŝĞŶŝŽŶĞƉŽŶŝǏĞũ
EϲϭϬϬϬͲϲͲϯ
EϲϭϬϬϬͲϲͲϮ
KƐƚĂƚŶŝĞĚǁŝĞĐLJĨƌLJƌŽŬƵŶĂĚĂŶŝĂŽnjŶĂŬŽǁĂŶŝĂ|ϭϳ
DŝĞũƐĐĞDŽŐůŝĂŶŽsƚŽĂƚĂϬϭͲϬϯͲϮϬϭϳWŽĚƉŝƐ