345P !"#$%&'(()*+,-*./&!0*12
%82&=0-2&@V*-+82@&H2/2:,-2&7EBE&/.-2&2O2/-@&V82/2O2:&-82C&,:2&(:2@@21_
:2H,:1)2@@&.M&V8,-&2)@2&*@&8,((2/*/H&./&-82&+./@.)2&\24H4_&=,+8*/2&+./-:.)_&=0-2
H:.0(@_&=0-2&@/,(@8.-@_&2-+]&,/1&-8*@&*/M.:=,-*./&*@&-:,/@=*--21&,/1&:2+2*O21&./
-82&!8.@-d@&H).R,)&7EBE&+8,//2)4&%82&@,=2&7EBE&+8,//2)&*@&,)@.&0@21&M.:&(:.H:,=
+8,/H2&=2@@,H2@&\12@+:*R21&(:2O*.0@)C]4
'&M0:-82:&(.*/-&-.&/.-2&*@&-8,-&*/&.:12:&M.:&-82&@2N02/+2:&-.&T/.V&-82&+.::2+-&@-,S
-0@&.M&,))&=0-2&@V*-+82@&V82/&:2+.:1*/H&*@&@-,:-21_&R0-&/.&@V*-+82@&8,O2&C2-&R22/
(:2@@21_&!8.@-&,0-.=,-*+,))C&@2/1@&.0-&,&R0:@-&.M&/.-2S./&1,-,&+./-,*/*/H&,))&-82
+0::2/-&=0-2&@V*-+8&@-,-2@_&V82/&-82&(),C&R0--./&./&-82&-:,/@(.:-&+./-:.)&@2+-*./
*@&(:2@@214&%8*@&=0@-&R2&:2+.:121&RC&-82&@2N02/+2:&,-&-82&R2H*//*/H&.M&-82&=*X4
AANN@@NN$$!!,,--++??,,''''11??$$>>**0011??77
!8.@-d@&),@-&9YJ&M2,-0:2&*@&0/*N02&./&,/C&:2+.:1*/H&+./@.)2&*/&*-@&+),@@^&F.0:
5PP==&M,12:@&,:2&(:.O*121&V8*+8&+,/&-:,/@=*-&7EBE&+./-*/0.0@&+./-:.))2:&*/M.:S
=,-*./&O*,&-82&7EBE&.0-&(.:-4&%8*@&.(2/@&0(&,&V8.)2&:,/H2&.M&+./-:.)&(.@@*R*)*-*2@_
,/1&M0:-82:&2/8,/+2&-82&+./@.)2@&2MM2+-*O2/2@@&,@&-82&+2/-:2(*2+2&.M&-82&@-01*.4
W,+8&M,12:&+,/&R2&@2-&0(&*/1*O*10,))C&-.&-:,/@=*-&,/C&.M&56I&1*MM2:2/-&-C(2@&.M&+./S
-:.))2:&*/M.:=,-*./_&./&,/C&.M&5D&7EBE&+8,//2)@_&,/1&-82@2&@2-0(@&.:&+./M*H0:,-*./@
+,/&R2&@-.:21&*/&-82&+./@.)2@&@/,(@8.-&=2=.:*2@4
%82&0@2@&M.:&-8*@&M2,-0:2&,:2&+./@*12:,R)2^
! 7*X*/H&)2O2)@&.M&(:2S:2+.:121&(,:-@&./&,&7EBE&@2N02/+2:_&0@*/H&!8.@-d@
7EBE&M,12:@&-.&-:,/@=*-&)2O2)&+8,/H2@&V8*+8&V*))&R2&:2+.:121&*/-.&-82
-:,+T@&./&-82&@2N02/+2:4&%8*@&V.0)1&/.:=,))C&8,O2&-.&R2&1./2&0@*/H&,
=.0@2&-.&1:,H&,/&./S@+:22/&M,12: &0(&,/1&1.V/4
! 98,/H*/H&(,:,=2-2:@&.M&.0-R.,:1&2MM2+-&0/*-@_&@0+8&,@&12),C&-*=2_&:2O2:R
12+,C_&.:&=.10),-*./&)2O2)_&M:.=&-82&+./@.)2_&M.:&@(2+*,)&2MM2+-@&10:*/H&=*XS
1.V/&.:&-:,+T&),C*/H4
! >2=.-2)C&+./-:.))*/H&@C/-8&.:&@,=()2:&(,:,=2-2:@&*/&:2,)&-*=2_&M.:&@(2+*,)
2MM2+-@&10:*/H&,&=*X4&F.:&2X,=()2_&-82&M*)-2:&M:2N02/+C&+.0)1&R2&@V2(-&M:.=
-82&+./@.)2_&2*-82:&,@&,&)*O2&2MM2+-_&.:&:2+.:121&*/-.&,&@2N02/+2:4&\%8*@
,@@0=2@&-8,-&-82&@C/-8&(,:,=2-2:@&+,/&R2&,++2@@21&0@*/H&+./-*/0.0@&+./S
-:.))2:@&S=,/C&0@2&@C@S2X&=2@@,H2@&M.:&*/-2:/,)&+./-:.)@_&,/1&@.&+,//.-&R2
+./-:.))21&RC&!8.@-d@&+./-:.))2:&M,12:@]4&
E-&@8.0)1&R2&/.-21&-8,-&-82&!8.@-d@&7EBE&M,12:@&,:2&:2,)S-*=2&./)C&S-82C&./)C&-:,/@S
=*-&7EBE&*/M.:=,-*./&V82/&-82C&,:2&(8C@*+,))C&=.O21_&,/1&-82&O,)02@&@2/-&,:2&/.-
@-.:,R)2&V*-8*/&-82&+./@.)2&*/&,/C&V,C4&
%82&=2=.:C&).+,-*./@&0@21&-.&@-.:2&-82&+./-:.))2:&M,12:&@2-0(@&,:2&@8,:21&V*-8
-82&=0-2&@/,(@8.-@_&R0-&-82:2&,:2&2/.0H8&).+,-*./@&\56I]&-.&,)).V&@.=2&-.&R2
0@21&M.:&=0-2@_&,/1&@.=2&M.:&+./-:.))2:&M,12:@4&F.:&2X,=()2_&-82&),@-&6I&@/,(@8.-@
+.0)1&R2&0@21&M.:&+./-:.))2:&@2-0(@_&,/1&-82&M*:@-&5PP&M.:&=0-2&@/,(@8.-@4&70-2
@/,(@8.-@&,/1&+./-:.))2:&M,12:&@2-0(@&+,/&,)@.&R2&@-.:21&-.H2-82:&*/&-82&@,=2
).+,-*./_&*M&:2N0*:214
E/&.:12:&-.&@,O2&@(,+2&./&-82&+./@.)2_&-82&7EBE&+./-:.))2:&M,12:@&,:2&@8,:21&V*-8
-82&M*:@-&M.0:&.M&-82&+./@.)2@&,01*.&H:.0(&M,12:@4&E-&*@&,@@0=21&-8,-&-82&7EBE&+./S
-:.))2:@&V*))&/.-&/221&-.&R2&0@21&,-&-82&@,=2&-*=2&,@&H:.0(@&5S;4&`82/&H:.0(@&5S;
1.&/221&-.&R2&0@21&M.:&,01*._&-82&7EBE&+./-:.))2:@&+,/&R2&2,@*)C&@V*-+821&.MM&-.
,O.*1&0//2+2@@,:C&-:,/@=*@@*./&.M&1,-,4&[.-2&-8,-&-82&@2+./1&M.0:&,01*.&H:.0(
M,12:@&\ASI]&,:2&,)V,C@&,O,*),R)2&M.:&,01*.&0@2_&@.&-8,-&-82C&+.0)1&R2&0@21&M.:&,01*.
@0RH:.0(@&10:*/H&=*X1.V/_&V8*)2&-82&M*:@-&M.0:&M,12:@&V2:2&0@21&,@&7EBE&+./S
-:.))2:@4&