U512$5.?$@625.7.4$-9$/82$J5/21$825/21Q
E-302S22=7.4
Z0@>40'W04@>4H:6X'A>7/0Y00W:6X';3/Y/'
;>';<:/']3;04'<03;04L';746';<0'76:;'>@@'36C'
C:/?>660?;';<0'W>]04'/7WW8RS
f3?77H'34>76C';<0']3;04'<03;04'@>4'C7/;L'
C:4;'36C'8:6;'>6'3'40X7834' a3/:/S'
28036';<0']3;04'<03;04'36C'40H>;0'
?>6;4>8'aR'7/:6X'3'C3HW'/>@;'?8>;<']:;<'
3'@0]'C4>W/'>@'H:8C'C0;04X06;'36C'X06;8R'
]:W:6X';<0'/74@3?0/'>@';<0'76:;S'9:W0'36R'
40H3:6:6X'H>:/;740']:;<'3'C4R'/>@;' ?8>;<S
I>'06/740'/7@@:?:06;'`06;:83;:>6'36C'
?>Ha7/;:>6'3:4'/7WW8RL'W4>W04'?803436?0/'
H7/;'a0'H3:6;3:60CS'
,"$P"*$;6-@S$-1$-;0/13@/$/82$571$
7./5S2$-=2.7.4$-9$/82$J5/21$825/21B$$
($:7.7:3:$-9$ab[$Xgc$@:Y$70$12>3712?$
;2/J22.$/870$@-:;30/7-.$571$7.62/$
-=2.7.4$5.?$5.A$-;0/13@/7-.B
I<0'!:4'=6;3Y0'36C'93;04'@:8;04/'/<>78C'a0'
?80360C'>6'3'H>6;<8R'a3/:/S
AB9'IB'2UN!K'IAN'9!ING'P=UINGb
●$$53Y0'/740';<0'76:;':/'BPP'36C';<0'
080?;4:?38'W>]04'/7WW8R'<3/'a006'
C:/?>660?;0CS
●$$I746';<0']3;04'/7WW8R'BPP';>';<0'
<03;04S
●$$,157.$825/21B$'22$Z,157.7.4$*82$
D5/21$E25/21[$02@/7-.$-.$=542$bVB
●$$.6/?40]';<0']3;04'@:8;04L'36C'/8:C0';<0'
@:8;04'>7;S
●$$,"$P"*';3W';<0'@:8;04'3/':;'H3R'
C0@>4H'36C*>4'C3H3X0';<0'@:8;04S
●$$I>'40H>`0'/0`040'/0C:H06;'36C'C:4;L'
7/0'3'/>@;'a47/<'36C']3/<']:;<'4766:6X'
]3;04S
●$$G0;746';<0'@:8;04';>';<0']3;04'<03;04'36C'
/?40]':6';<0'@:8;04S
●$$I746';<0'080?;4:?38'W>]04'/7WW8R'36C'
?>8C']3;04'/7WW8R'BK';>';<0']3;04'
<03;04S
#-3/7.2$T12<2./5/7<2$G57./2.5.@2
"4>W048R'H3:6;3:60CL'R>74']3;04'<03;04'
]:88'W4>`:C0'R034/'>@'C0W06C3a80';4>7a80E
@400'/04`:?0S'
=;':/'40?>HH06C0C';<3;'3'W04:>C:?'
:6/W0?;:>6'>@';<0'a74604L'408:0@'`38`0L'
]3;04'@:8;04'36C'`06;:6X'/R/;0H'/<>78C' a0'
H3C0'aR'/04`:?0'W04/>6608'h738:@:0C':6' X3/'
3WW8:36?0'40W3:4S
=;':/'/7XX0/;0C';<3;'3'4>7;:60' W40`06;:`0'
H3:6;0636?0'W4>X43H'a0'0/;3a8:/<0C'36C'
@>88>]0C'aR';<0'7/04S
!;'803/;'>6?0'3'R034L'8:@;'36C'40803/0';<0'
80`04'<36C80'>6';<0'W40//740'408:0@' `38`0L'
8>?3;0C':6';<0'<>;'>7;80;'W:W:6X' >@';<0'
]3;04'<03;04L';>'H3Y0' ?04;3:6';<0'`38`0'
>W043;0/'@4008RS'!88>]'/0`0438'X388>6/';>'
@87/<';<4>7X<';<0'C:/?<34X0'8:60';>'36''
>W06'C43:6S
P"*FU)Q$F9$/82$=1200312$126729$<56<2$$
-.$/82$8-/$J5/21$825/21$?70@851420$
=217-?7@566AM$/870$:5A$;2$?32$/-$5$
=1-;62:$7.$/82$J5/21$0A0/2:B$U-./5@/$
/82$J5/21$03==6721$-1$A-31$=63:;7.4$
@-./15@/-1$-.$8-J$/-$@-112@/$/870B$,"$
P"*$=634$/82$126729$<56<2$ -3/62/B
G3W:C'?8>/:6X'>@'@37?0;/'>4'/>806>:C'
`38`0/':6'37;>H3;:?']3;04'7/:6X'3WW8:36?0/'
?36'?37/0'3'a36X:6X'6>:/0'<034C':6'3'
]3;04'W:W0S'Q;43;0X:?388R'8>?3;0C'4:/04/':6'
;<0']3;04'W:W0'/R/;0H'>4']3;04'<3HH04'
3440/;:6X'C0`:?0/'?36'a0'7/0C';>'H:6:H:^0'
;<0'W4>a80HS
=6/W0?;';<0'3403'34>76C';<0']3;04'<03;04''
;>'06/740'3'/3@0'>W043;:6X'06`:4>6H06;S'
t00W'3WW8:36?0'3403'?8034'36C'@400' @4>H'
?>Ha7/;:a80'H3;04:38/L'X3/>8:60'36C'>;<04'
@83HH3a80'`3W>4/'36C'8:h7:C/S
N6/740';<0'76:;'<3/'6>;'a006'C3H3X0CS''
=@'C3H3X0'>4'C06;:6X':/'W40/06;L' ?>6;3?;''
3'/04`:?0'W04/>6608';>'`04:@R'W4>W04'
>W043;:>6S
2<0?Y'@>4'36R'3a6>4H38'/>76C/'C74:6X'
6>4H38'>W043;:>6'>@';<0']3;04'<03;04S
!88'W:W:6X'/<>78C'a0'?<0?Y0C'@>4'X3/'36C*
>4']3;04'803Y/S'G0@04';>'W3X0'#M'>@';<:/'
H36738'@>4':6/;47?;:>6/'>6'803Y';0/;:6XS
I<0'3:4':6;3Y0'36C'?>8C']3;04'/7WW8R'
@:8;04/'/<>78C'a0'?80360C'H>6;<8RS'G0@04'
;>';<0'yA>7/0Y00W:6Xl'/0?;:>6'@>4'@74;<04'
:6@>4H3;:>6S
,"$P"*'>W043;0';<0']3;04'<03;04':@' R>7'
@008'/>H0;<:6X':/']4>6X']:;<';<0' 76:;S
,"$P"*'388>]'?<:8C406';>'>W043;0'>4'
>;<04]:/0'<36C80';<0'76:;S
P-/7@2Q'!@;04':6/W0?;:>6L'H3:6;0636?0'
36C*>4'?8036:6XL'06/740'W4>W04'>W043;:>6'
aR';746:6X'>6'3'<>;']3;04'@37?0;S
,(PI)#Q$^29-12$
:5.3566A$-=215/7.4$/82$
126729$<56<2M$:5S2$@21/57.$
.-$-.2$J766$;2$2C=-02?$/-$
/82$?5.421$-9$/82$8-/$J5/21$
1262502?$;A$/82$<56<2B$*82$
J5/21$:5A$;2$8-/$2.-348$/-$
@125/2$5$0@56?$85N51?B$*82$
J5/21$08-36?$;2$1262502?$
7./-$5$037/5;62$?157.$/-$
=12<2./$7.O31A$-1$=1-=21/A$
?5:542B$