<ŝŵdĞĐ'ĚŽŽĞŵŽǀƐŬŽƉŽůũĞďďϴϭϬϬϬWŽĚŐŽƌŝĐĂƌŶĂ'ŽƌĂ
K^EKsE/WK/KWZK/sKh;WŽƉƵŶũĂǀĂƚƌŐŽǀĂĐͿ
DK>hZ:
^Z/:^</ZK:
dhDWZK:
ZK:ZhE&/^<>EK'/^:<
WKdW/^/WddZ'Ks
ϮϰнϯϲD:^/
&Z//Z/sZd/<>E//,KZ/KEd>E/DZ/s/
ϮϰнϭϮD:^/
aWKZd/saDa/EŝDa/E^haE:saDa/E
WZE:^h<h,/E:^</^W/ZdKZ/h'ZEZZE/
W>KK:>Z/
WKadKsE/
ĂŚǀĂůũƵũĞŵŽsĂŵŶĂŬƵƉŽǀŝŶŝsŝǀĂdžƉƌŽŝnjǀŽĚĂŝŶĂĚĂŵŽƐĞĚĂđĞƚĞďŝƚŝnjĂĚŽǀŽůũŶŝŝnjďŽƌŽŵ
DK>/DK s^ WZ/: hWKdZ WZK/sK W>:/sK WZK/dd d,E/<h K<hDEd/:h / ^ WZ/>/<KD
hWKdZWZ/ZsdWZ/>KE/,hWhd^ds
WZsWKdZKaEK^EKsh<KEKad/d/WKdZKa
hƐŬůĂĚƵƐĂēůĂŶŽŵϰϯĂŬŽŶĂŽnjĂƓƚŝƚŝƉŽƚƌŽƓĂēĂƌŽďĂũĞƐĂŽďƌĂnjŶĂĂŬŽ
ϭͿŽĚŐŽǀĂƌĂŽƉŝƐƵŬŽũŝũĞĚĂŽƚƌŐŽǀĂĐŝŝŵĂƐǀŽũƐƚǀĂƌŽďĞŬŽũƵũĞƚƌŐŽǀĂĐƉŽŬĂnjĂŽƉŽƚƌŽƓĂēƵŬĂŽƵnjŽƌĂŬŝůŝŵŽĚĞůŽƐŝŵĂŬŽ
ƐƵƵnjŽƌĂŬŝůŝŵŽĚĞůƉŽŬĂnjĂŶŝƐĂŵŽƌĂĚŝŽďĂǀũĞƓƚĞŶũĂ
ϮͿŝŵĂƐǀŽũƐƚǀĂƉŽƚƌĞďŶĂnjĂŶĂƌŽēŝƚƵƵƉŽƚƌĞďƵnjĂŬŽũƵũĞƉŽƚƌŽƓĂēŶĂďĂǀůũĂĂŬŽũĂũĞďŝůĂƉŽnjŶĂƚĂƚƌŐŽǀĐƵŝůŝŵƵũĞŵŽƌĂůĂ
ďŝƚŝƉŽnjŶĂƚĂƵǀƌŝũĞŵĞnjĂŬůũƵēĞŶũĂƵŐŽǀŽƌĂ
ϯͿŝŵĂƐǀŽũƐƚǀĂƉŽƚƌĞďŶĂnjĂƌĞĚŽǀŶƵƵƉŽƚƌĞďƵƌŽďĞŝƐƚĞǀƌƐƚĞ
ϰͿŝŵĂƐǀŽũƐƚǀĂŝŽƐŽďŝŶĞŬŽũĞƐƵŝnjƌŝēŝƚŽŝůŝƉƌĞđƵƚŶŽƵŐŽǀŽƌĞŶĞŽĚŶŽƐŶŽƉƌŽƉŝƐĂŶĞ
ϱͿƉŽŬǀĂůŝƚĞƚƵŝĨƵŶŬĐŝŽŶĂůŶŽƐƚŝŽĚŐŽǀĂƌĂƵŽďŝēĂũĞŶŝŵŬĂƌĂŬƚĞƌŝƐƚŝŬĂŵĂƌŽďĞŝƐƚĞǀƌƐƚĞŬŽũĞƉŽƚƌŽƓĂēŵŽǎĞŽƐŶŽǀĂŶŽĚĂ
ŽēĞŬƵũĞƐŽďnjŝƌŽŵŶĂƉƌŝƌŽĚƵƌŽďĞŝũĂǀŶŽŽďĞđĂŶũĞŽƉŽƐĞďŶŝŵƐǀŽũƐƚǀŝŵĂƌŽďĞĚĂƚŽŽĚƐƚƌĂŶĞƚƌŐŽǀĐĂƉƌŽŝnjǀŽĜĂēĂŝůŝ
ŶũŝŚŽǀŝŚƉƌĞĚƐƚĂǀŶŝŬĂŶĂƌŽēŝƚŽĂŬŽũĞŽďĞđĂŶũĞƵēŝŶũĞŶŽŽŐůĂƐŽŵŝůŝŶĂĂŵďĂůĂǎŝƌŽďĞ
;ϭͿ ŬŽŝƐƉŽƌƵēĞŶĂƌŽďĂŶŝũĞƐĂŽďƌĂnjŶĂƵŐŽǀŽƌƵ;ēůĂŶϰϲĂŬŽŶĂŽnjĂƓƚŝƚŝƉŽƚƌŽƓĂēĂͿƉŽƚƌŽƓĂēŝŵĂƉƌĂǀŽĚĂnjĂŚƚŝũĞǀĂŽĚ
ƚƌŐŽǀĐĂĚĂƐĞŶĞƐĂŽďƌĂnjŶŽƐƚŽƚŬůŽŶŝďĞnjŶĂŬŶĂĚĞŽƉƌĂǀŬŽŵŝůŝnjĂŵũĞŶŽŵŽĚŶŽƐŶŽĚĂnjĂŚƚŝũĞǀĂŽĚŐŽǀĂƌĂũƵđĞƵŵĂŶũĞŶũĞ
ĐŝũĞŶĞŝůŝĚĂƌĂƐŬŝŶĞƵŐŽǀŽƌƵnjƉŽǀƌĂđĂũƉůĂđĞŶŽŐŝnjŶŽƐĂ
;ϮͿWŽƚƌŽƓĂēŝŵĂƉƌĂǀŽĚĂďŝƌĂŝnjŵĞĜƵnjĂŚƚũĞǀĂĚĂƐĞŶĞƐĂŽďƌĂnjŶŽƐƚŽƚŬůŽŶŝŽƉƌĂͲǀŬŽŵŝůŝnjĂŵũĞŶŽŵŽƐŝŵĂŬŽũĞŝnjĂďƌĂŶŝ
njĂŚƚũĞǀŶĞŵŽŐƵđŝůŝĂŬŽƉƌĞĚƐƚĂǀůũĂŶĞƐƌĂnjŵũĞƌŶŽŽƉƚĞƌĞđĞŶũĞnjĂƚƌŐŽǀĐĂ
;ϯͿ EĞƐƌĂnjŵũĞƌŶŽŽƉƚĞƌĞđĞŶũĞŝnjƐƚĂǀĂϮŽǀŽŐēůĂŶĂƉŽƐƚŽũŝĂŬŽŝnjĂďƌĂŶŝnjĂŚƚũĞǀƵŽĚŶŽƐƵŶĂĂůƚĞƌŶĂƚŝǀŶŝnjĂŚƚũĞǀƐƚǀĂƌĂ
ƉƌĞƚũĞƌĂŶĞƚƌŽƓŬŽǀĞnjĂƚƌŐŽǀĐĂƵnjŝŵĂũƵđŝƵŽďnjŝƌ
ϭͿǀƌŝũĞĚŶŽƐƚƌŽďĞŬŽũƵďŝŝŵĂůĂĚĂũĞƐĂŽďƌĂnjŶĂƵŐŽǀŽƌƵ
ϮͿnjŶĂēĂũƐĂŽďƌĂnjŶŽƐƚŝƵŬŽŶŬƌĞƚŶŽŵƐůƵēĂũƵ
ϯͿĚĂůŝƐĞĂůƚĞƌŶĂƚŝǀŶŝnjĂŚƚũĞǀŵŽǎĞŽƐƚǀĂƌŝƚŝďĞnjnjŶĂēĂũŶŝũŝŚŶĞƵŐŽĚŶŽƐƚŝnjĂƉŽƚƌŽƓĂēĂ
;ϰͿdƌŐŽǀĂĐũĞĚƵǎĂŶĚĂŽƉƌĂǀŬƵŝůŝnjĂŵũĞŶƵŝnjǀƌƓŝƵƉƌŝŵũĞƌĞŶŽŵƌŽŬƵĂůŝŶĞĚƵǎĞŵŽĚϭϱĚĂŶĂŽĚĚĂŶĂƉŽĚŶŽƓĞŶũĂnjĂŚƚũĞǀĂ
ŝďĞnjnjŶĂēĂũŶŝũŝŚŶĞƵŐŽĚŶŽƐƚŝnjĂƉŽƚƌŽƓĂēĂƵnjŝŵĂũƵđŝƵŽďnjŝƌƉƌŝƌŽĚƵƌŽďĞŝƐǀƌŚƵnjďŽŐŬŽũĞũĞƉŽƚƌŽƓĂēŶĂďĂǀŝŽ
;ϱͿdƌŽƓŬŽǀĞŶĞŽƉŚŽĚŶĞĚĂƐĞƌŽďĂƐĂŽďƌĂnjŝƵŐŽǀŽƌƵ;ƚƌŽƓŬŽǀŝƌĂĚĂŵĂƚĞƌŝũĂůĂƉƌĞƵnjŝŵĂŶũĂŝƐƉŽƌƵŬĞŝĚƌͿƉůĂđĂƚƌŐŽǀĂĐ
;ϲͿWŽƚƌŽƓĂēŝŵĂƉƌĂǀŽĚĂnjĂŚƚŝũĞǀĂƵŵĂŶũĞŶũĞĐŝũĞŶĞŝůŝƌĂƐŬŝĚƵŐŽǀŽƌĂƵnjƉŽǀƌĂđĂũƉůĂđĞŶŽŐŝnjŶŽƐĂĂŬŽŶĞŵŽǎĞĚĂŽƐƚǀĂƌŝ
ƉƌĂǀŽŶĂŽƉƌĂǀŬƵŝůŝnjĂŵũĞŶƵŝůŝĂŬŽƚƌŐŽǀĂĐŶŝũĞŝnjǀƌƓŝŽŽƉƌĂǀŬƵŝůŝnjĂŵũĞŶƵƵƌŽŬƵŝnjƐƚĂǀĂϰŽǀŽŐēůĂŶĂŝůŝĂŬŽŽƉƌĂǀŬĂŝůŝ
njĂŵũĞŶĂŶŝũĞŵŽŐƵđĂďĞnjnjŶĂēĂũŶŝũŝŚŶĞƵŐŽĚŶŽƐƚŝnjĂƉŽƚƌŽƓĂēĂ
;ϳͿWŽƚƌŽƓĂēŶĞŵŽǎĞĚĂƌĂƐŬŝŶĞƵŐŽǀŽƌĂŬŽũĞŶĞƐĂŽďƌĂnjŶŽƐƚƌŽďĞŶĞnjŶĂƚŶĂ
WƌĂǀĂŝnjƐƚĂǀĂϭŽǀŽŐēůĂŶĂŶĞƵƚŝēƵŶĂƉƌĂǀŽƉŽƚƌŽƓĂēĂĚĂnjĂŚƚŝũĞǀĂŽĚƚƌŐŽǀĐĂŶĂͲŬŶĂĚƵƓƚĞƚĞŬŽũĂƉŽƚŝēĞŽĚŶĞƐĂŽďƌĂnjŶŽƐƚŝ
ƵƐŬůĂĚƵƐĂŽƉƓƚŝŵƉƌĂǀŝůŝŵĂŽŽĚŐŽǀŽƌŶŽƐƚŝnjĂƓƚĞƚƵ
KǀĂ ŐĂƌĂŶĐŝũĂ ŶĞ ŝƐŬůũƵēƵũĞŶŝƚŝ ƵƚŝēĞ ŶĂƉƌĂǀĂ ŬŽũĂsŝ ŬĂŽƉŽƚƌ
ŽƓĂē ŝŵĂƚĞ ŶĂ ŽƐŶŽǀƵ ĂŬŽŶĂŽ njĂƓƚŝƚŝƉŽƚƌŽƓĂēĂŝ ŬŽũĂ
ŽƐƚǀĂƌƵũĞƚĞƵǀĞnjŝƐĂƐĂŽďƌĂnjŶŽƓđƵƌŽďĞƵƌŽŬƵŽĚϮϰŵũĞƐĞĐĂŽĚŬƵƉŽǀŝŶĞŽǀŽŐƵƌĞĜĂũĂ
KǀĂŝnjũĂǀĂŐĂƌĂŶƚƵũĞĚĂđĞƉƌŽŝnjǀŽĚŝƉŽŝƐƚĞŬƵƌŽŬĂƐĂŽďƌĂnjŶŽƐƚŝŽĚϮŐŽĚŝŶĞƐŚŽĚŶŽĂŬŽŶƵŽnjĂƓƚŝƚŝƉŽƚƌŽƓĂēĂƵĚŽĚĂƚŶŽŵ
ƉĞƌŝŽĚƵŽĚϭϮŝůŝϯϲŵĞƐĞĐŝƵnjĂǀŝƐŶŽƐƚŝŽĚǀƌƐƚĞƵƌĞĜĂũĂŝƐƉƌĂǀŶŽĨƵŶŬĐŝŽŶŝƐĂƚŝƉŽĚƵƐůŽǀŝŵĂƉƌĞĚǀŝĜĞŶŝŵŽǀŝŵŐĂƌĂŶƚŶŝŵ
ůŝƐƚŽŵ
'ĂƌĂŶĐŝũĂǀĂǎŝŶĂƚĞƌŝƚŽƌŝũŝƌŶĞ'ŽƌĞ
EdZ>E/^Zs/^;>>EdZͿ <ŝŵdĞĐ'ĚŽŽĞŵŽǀƐŬŽWŽůũĞďďϴϭϬϬϬWŽĚŐŽƌŝĐĂ
dĞůϬϮϬϲϬϴͲϮϱϭͲŵĂŝůnjĂŽƉƓƚĞƵƉŝƚĞƐĞƌǀŝƐΛŬŝŵƚĞĐͲĐƋĐŽŵ
/:sK^KZEK^d/
'
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