Ханс Кристиан Андерсен Русалочка - E

!""#$%&'(&$!"")*+(,-./0,1
!"#$%&'#('!"$)"*+&#+"
,-#!./01!
!"#$%&'$#("(#&)"*#+,"-./001"%,%"2)3)-$%."%&,-.*)45.6"*,-.27%#*1"."3&#8&,9/,01"%,%
$#/9,45))"-$)%2#:";#"8,$#"."<2=>#%#"?)"$,(@"A,%"<2=>#%#1"9$#"/.%,%.)"0%#&."/)"+#-$,/=$
+#"+/,1"."/,"/)<#"3&.52#-7">'"3#-$,*.$7"/)(,2#"%#2#%#2)/"#+/="/,"+&=<=B1"9$#>'"*)&6/00
*'-=/=2,-7".8"*#+':";,"+/)"(#&-%#("?.*=$"&=-,2%.:
;)"3#+=(,4$)1"9$#"$,("$#27%#"<#2'4">)2'4"3)-#%1"C"/)$1"/,"+/)"&,-$=$"=+.*.$)27/')
+)&)*70"."D*)$'1"-"$,%.(."<.>%.(."-$)>20(."."2.-$70(.1"9$#"#/."5)*)20$-01"%,%"?.*')1"3&.
(,2)45)("+*.?)/.."*#+':"!"E$#4"9,F)"5/'&0B$"(,2)/7%.)".">#275.)"&'>'1"$#97G*G$#97
%,%"="/,-"3$.D'"*"2)-=:";,"-,(#("<2=>#%#("()-$)"-$#.$"%#&,22#*'4"+*#&)D"(#&-%#<#"D,&0
-"*'-#%.(."-$&)279,$'(."#%/,(.".8"9.-$)45)<#"0/$,&0"."-"%&#*2)4".8"&,%#*./1"%#$#&')
$#"#$%&'*,B$-01"$#"8,%&'*,B$-01"*"8,*.-.(#-$."#$"3&.2.*,"."#$2.*,:"H$#"+.*/#)"8&)2.F)1
.>#"*"%,?+#4"&,%#*./)"2)?,$">2)-$0F.)"?)(9=?./'"$,%#4"%&,-#$'1"9$#"2B>,0".8"/.6"=%&,G
-.2,">'"%#&#/="2B>#4"%#&#2)*':
I#&-%#4"D,&7"+,*/'(G+,*/#"#*+#*)21"."D,&-%.("6#804-$*#("8,3&,*202,")<#"-$,&=6,
(,$71"?)/F./,"=(/,01"/#"#9)/7"<#&+.*5,0-0"-*#4"8/,$/#-$7B1"C"/,"6*#-$)"="/)J"-.+)2,"D)2,0
+B?./,"=-$&.D1"$#<+,"%,%"*)27(#?,("3#2,<,2#-7"$#27%#"3#"5)-$.:"!##>F)"?)"#/,">'2,"?)/G
F./,"+#-$#4/,01"#-#>)//#"3#$#(=1"9$#"#9)/7"2B>.2,"(,2)/7%.6"(#&-%.6"3&./D)--1"-*#.6
*/=9)%:"K6">'2#"5)-$)&#1"."*-)"3&)6#&#5)/7%.)1","(2,+5,0"C"2=95)"*-)6L"%#?,"="/)J">'2,
/)?/,0"."3&#8&,9/,01"%,%"2)3)-$#%"&#8'1","<2,8,"-./.)1"%,%"<2=>#%#)"(#&):";#"="/)J1"%,%
."="+&=<.6"&=-,2#%1"/)">'2#"/#?)%1".6"8,()/02"&'>.4"6*#-$:
M)/7G+)/7-%#4".<&,2."3&./D)--'"*"#<&#(/'6"+*#&D#*'6"8,2,61"<+)"/,"-$)/,6"&#-2.
?.*')"D*)$':"!"#$%&'$')"0/$,&/')"#%/,"*32'*,2."&'>%.1"%,%"*"/,5."#%/,"./#4"&,8"*2)G
$,B$"2,-$#9%.:"N'>%."3#+32'*,2."%"(,2)/7%.("3&./D)--,(1")2.".8".6"&=%"."3#8*#202."-)>0
<2,+.$7:
O)&)+" +*#&D#(" >'2" &,8>.$" >#275#4" -,+1" *" %#$#&#(" &#-2#" (/#<#" #</)//#G%&,-/'6
."-./.6"+)&)*7)*P".6"*)$*."."2.-$70"*-)<+,"%#2'6,2.-71"32#+'"-*)&%,2.1"%,%"8#2#$#1","D*)$'
3'2,2.1"%,%"%#-$J&:"Q,(,"8)(20"$,(">'2,"=-'3,/,"()2%.("3)-%#("D*)$,"-)&/#<#"32,()/.1
."3#$#(="+/#"(#&-%#)"#$2.*,2#"%,%.(G$#"=+.*.$)27/'("<#2=>#*,$'(">2)-%#(1"C"(#?/#">'2#
3#+=(,$71"9$#"*.$,)57"*'-#%#G*'-#%#"*"*#8+=6)1"3&.9J("/)>#"="$)>0"/)"$#27%#"/,+"<#2#*#41
/#"."3#+"/#<,(.:"!">)8*)$&.)"-#"+/,"(#?/#">'2#"*.+)$7"-#2/D)P"#/#"%,8,2#-7"3=&3=&#*'(
D*)$%#(1"*)/9.%"%#$#&#<#".82=9,2"-*)$:
!" -,+=" =" %,?+#4" 3&./D)--'" >'2#" -*#J" ()-$)9%#P" $=$" #/." %#3,2." 8)(2B" ." -,?,2.
D*)$'1"%,%.)"6#$)2.:"R+/,"-+)2,2,"-)>)"D*)$#9/=B"%2=(>="*"*.+)"%.$,P"+&=<#4"8,6#$)2#-71
9$#>'" )J" %2=(>," 3#6#+.2," /," &=-,2#9%=P" ," (2,+5,0" -)-$&," -+)2,2," %2=(>=" %&=<2=B1" %,%
-#2/D)1"."8,-,+.2,")J"0&%#G%&,-/'(."D*)$,(.:"Q$&,//,0"+)*#9%,">'2,"E$,"&=-,2#9%,"C"$,%,0
$.6,01"8,+=(9.*,0S"M&=<.)"-J-$&'"=%&,5,2."-*#."-,+.%."&,8/'(."&,8/#-$0(.1"+#>'$'(.
/,"8,$#/=*5.6"%#&,>2061","*")J"-,+=">'2."$#27%#",2')"D*)$'1"3#6#?.)"/,"+,2J%#)"-#2/D)1
+,"3&)%&,-/,0"-$,$=0"(,279.%,".8"9.-$#<#">)2#<#"(&,(#&,1"=3,*5,0"/,"+/#"(#&0"-"%,%#<#G$#
3#<.>5)<#"-=+/,:"N=-,2#9%,"3#-,+.2,"="-$,$=."&#8#*=B"32,%=9=B".*=1"."#/,"3'5/#"&,8&#-G
2,-7L"+2.//')"$#/%.)"*)$*.")J1"#%=$,*"-$,$=B1"3#9$."%,-,2.-7"<#2=>#<#"3)-%,1"/,"%#$#&#(
%#2)>,2,-7".6"T.#2)$#*,0"$)/7:"A,%1"*)&5./,"."%#&/.1"%,8,2#-71".<&,2.1"3'$,0-7"3#D)2#*,$7
+&=<"+&=<,:
U#275)" *-)<#" 2B>.2," &=-,2#9%," -2=5,$7" 3&#" 2B+)41" 9$#" ?.*=$" /,*)&6=1" /," 8)(2)1
.">,>=5%,"+#2?/,">'2,"&,--%,8'*,$7")4"*-J1"9$#"$#27%#"8/,2,"#"%#&,>206"."<#&#+,61"#"2B+06
." ?.*#$/'6:" R-#>)//#" 8,/.(,2#" ." =+.*202#" &=-,2#9%=" $#1" 9$#" D*)$'" /," 8)(2)" 3,6/=$1" C
/)"$#"9$#"8+)-71"*"(#&)@"C"9$#"2)-,"$,("8)2J/')1","&'>%.1"%#$#&')"?.*=$"/,"8)(/'6"+)&)G
!""#$%&'(&$!"")*+(,-./0,1
*7061" 3#B$" #9)/7" 8*#/%#" ." %&,-.*#:" U,>=5%," /,8'*,2," W&'>%,(.X" 3$.9)%1" ./,9)" */=9%.
/)"3#/02.">'")JL"#/."/.%#<+,"*"?.8/."/)"*.+)2."3$.D:
C"Y,%"$#27%#"#+/#4".8"*,-"(./)$"30$/,+D,$7"2)$1"C"<#*#&.2,">,>=5%,1"C")4"&,8&)5,$
3#+/.(,$7-0"/,"3#*)&6/#-$7"(#&01"-.+)$7"3&."-*)$)"()-0D,"/,"-%,2,6"."-(#$&)$7"/,"32'*=G
F.)"(.(#"%#&,>2.P"#/,"=*.+.$"8)(/')"2)-,"."<#&#+,:
!"E$#$"<#+"-$,&5)4"3&./D)--)"%,%"&,8".-3#2/02#-7"30$/,+D,$7"2)$1","+&=<.("-J-$&,("C
*-)"#/.">'2."3#<#+%."C"3&.6#+.2#-7")FJ"?+,$7"$#<#"+/01"%#<+,".("&,8&)5,$"*-32'$7"/,*)&6P
."+#275)"*-)6"+#2?/,">'2,"?+,$7"(2,+5,0:";#"%,?+,0"#>)F,2,"&,--%,8,$7"-J-$&,("#"$#(1
9$#")4">#275)"*-)<#"3#/&,*.$-0"*"3)&*'4"+)/71"C".(">'2#"(,2#"&,--%,8#*">,>=5%."."6#$)G
2#-7"8/,$7"#>#"*-J("/,"-*)$)"%,%"(#?/#"3#+&#>/)):
;.%#<#"$,%"/)"$0/=2#"/,"3#*)&6/#-$7"(#&01"%,%"(2,+5=B"-)-$&=1"$.6=B1"8,+=(9.*=B
&=-,2#9%=1"%#$#&#4"3&.52#-7"?+,$7"+#275)"*-)6:"Q%#27%#"/#9)4"#/,"3&#*)2,"="#$%&'$#<#
#%/,1"<20+0"**)&61"-%*#87"-./)*="(#&-%#4"*#+'1"*"%#$#&#4"-$,."&'>#%"5)*)2.2."-*#.(."32,*G
/.%,(."."6*#-$,(.@"R/,"+,?)"(#<2,"&,8<20+)$7"()-0D"."8*J8+'L"#/.1"%#/)9/#1"-*)$.2."-#*-)(
$=-%2#1"/#"8,$#"%,8,2.-7"<#&,8+#"%&=3/))1"9)("%,?=$-0"/,(:"Q2=9,2#-71"9$#".6"8,$()*,2#
9$#G$#"*&#+)">#275#4"$=9.1"/#"&=-,2#9%,"8/,2,1"9$#"E$#"32'*J$"/,+"/)B"%.$".2."3&#6#+.$
%#&,>27"-"$#23,(."2B+)4:"H$."2B+."."/)"3#+#8&)*,2.1"9$#"$,(1"*"<2=>./)"(#&01"-$#.$"3&)G
2)-$/,0"&=-,2#9%,"."3&#$0<.*,)$"%"%.2B"%#&,>20"-*#.">)2')"&=9%.:
;#" *#$" -$,&5)4" 3&./D)--)" .-3#2/.2#-7" 30$/,+D,$7" 2)$1" ." )4" 3#8*#2.2." *-32'$7
/,"3#*)&6/#-$7"(#&0:
Q%#27%#">'2#"&,--%,8#*1"%#<+,"#/,"*)&/=2,-7"/,8,+@";#">#275)"*-)<#")4"3#/&,*.2#-7
2)?,$7"3&."-*)$)"()-0D,"/,"3)-9,/#4"#$()2."."/)?.$7-01"2B>=0-7"&,-%./=*5.(-0"/,">)&)<=
<#&#+#(L"$,(1"-2#*/#"-#$/."8*J8+1"<#&)2."#</.1".<&,2,"(=8'%,1"$,&,6$)2."3#*#8%.1"5=()2.
2B+.1"*'-.2.-7"%#2#%#27/."."8*#/.2."%#2#%#2,:"Z4"/)2780">'2#"3#3,-$7"$=+,1"3#$#(=G$#")J
$,%"."(,/.2#"E$#"8&)2.F):
Y,%"?,+/#"-2=5,2,")J"(2,+5,0"-)-$&,@"Q$#0"*)9)&#("="#$%&'$#<#"#%/,"."<20+0"**)&6
-%*#87"$J(/#G-./BB"*#+=1"#/,"$#27%#"."+=(,2,1"9$#"#">#275#("5=(/#("<#&#+)1".")4"+,?)
-2'5,2-0"%#2#%#27/'4"8*#/:
O&#5J2"<#+1"."*$#&#4"-)-$&)"$#?)"3#8*#2.2."3#+/0$7-0"/,"3#*)&6/#-$7"(#&0"."32'$7
%=+,"=<#+/#:"R/,"*'/'&/=2,".8"*#+'"%,%"&,8"*"$="(./=$=1"%#<+,"-#2/D)"-,+.2#-71"."/,52,1
9$#"2=95)"E$#<#"8&)2.F,"/.9)<#".">'$7"/)"(#?)$:";)>#"-.02#1"%,%"&,-32,*2)//#)"8#2#$#1
&,--%,8'*,2,"#/,1","#>2,%,S"$=$"="/)J"+,?)"-2#*"/)"6*,$,2#@"O=&3=&#*')"."T.#2)$#*')1"#/.
>'-$&#"2)$)2."3#"/)>=1"/#")FJ">'-$&))"(9,2,-7"%"-#2/D="-$,0"2)>)+)41"3#6#?,0"/,"+2.//=B
>)2=B"*=,27:"N=-,2#9%,"$#?)">'2#"3#32'2,"%"-#2/D=1"/#"#/#"3#<&=8.2#-7"*"(#&)1","/,"*#+)
."/,"#>2,%,6"3#<,-"&#8#*'4"#$>2)-%:
O&#5J2")FJ"<#+"C"."*'/'&/=2,"$&)$70"-)-$&,:"H$,">'2,"-()2))"*-)6"."3#32'2,"*"5.&#G
%=B" &)%=1" %#$#&,0" *3,+,2," *" (#&):" A=$" #/," =*.+)2," 8)2J/')" 6#2('1" 3#%&'$')" *./#<&,+G
/.%,(.1"+*#&D'"."+#(,1"#%&=?J//')"%&,-.*'(."&#F,(.1"*"%#$#&'6"3)2."3$.D':"Q#2/D)
-*)$.2#" 0&%#" ." $,%" 3&.3)%,2#1" 9$#" )4" /)" &,8" 3&.52#-7" /'&/=$7" *" *#+=1" 9$#>'" #-*)?.$7
3'2,BF))"2.D#:"!"(,2)/7%#4">=6$)"32)-%,2,-7"D)2,0"$#23,"<#2)/7%.6"9)2#*)9)-%.6"+)$)4:
N=-,2%,"6#$)2,">'2#"3#.<&,$7"-"/.(.1"/#"#/.".-3=<,2.-7"."=>)?,2.1","*()-$#"/.6"3#0*.2-0
%,%#4G$#"9J&/'4"8*)&J%"."3&./02-0"/,"/)J"$0*%,$71"+,"$,%"<&#8/#1"9$#"#/,"*"-$&,6)"=32'2,:
[*)&J%"E$#$">'2"3&#-$#G/,3&#-$#"-#>,9%#41"/#"&=-,2%,"*)+7")FJ"/)"*.+)2,"-#>,%:"!)&/=*G
5.-7"+#(#41"#/,"/)"3)&)-$,*,2,"*-3#(./,$7"9=+)-/')"2)-,1"8)2J/')"6#2('"."3&)2)-$/'6
+)$)41"%#$#&')"=()2."32,*,$71"6#$7"="/.6"."/)">'2#"&'>7.6"6*#-$#*:
\)$*J&$,0"-)-$&,"#%,8,2,-7"/)"$,%#4"-()2#4"C"#/,"+)&?,2,-7">#275)"*"#$%&'$#("(#&)
."3#$#("<#*#&.2,1"9$#"E$#"2=95)"*-)<#L"%=+,"/."#<20/.-71"/,"(/#<#G(/#<#"(.27"*#%&=<"$#27%#
*#+,"+,"/)>#1"#3&#%./=$#)"/,+"*#+#41"$#9/#"#<&#(/'4"-$)%20//'4"%=3#2:"U#275.)"%#&,>2.
V
!""#$%&'(&$!"")*+(,-./0,1
#/,"*.+)2,"$#27%#".8+,2.1".")4"#/."%,8,2.-7"3#6#?.(."/,"9,)%P"*#%&=<"/)J".<&,2."."%=*'&G
%,2.-7"8,>,*/')"+)27T./'1","<&#(,+/')"%.$'"3=-%,2."T#/$,/'".8"/#8+&)4:
O#$#("/,-$,2"9)&J+"30$#4"-)-$&'P")J"+)/7"&#?+)/.0">'2"8.(#41"."#/,"=*.+)2,"$#1"9)<#
/)"*.+)2."+&=<.):"I#&)"$)3)&7">'2#"8)2)/#*,$#<#"D*)$,1"3#*-B+="32,*,2."2)+0/')"<#&'1
3#6#?.)"/,"#<&#(/')"?)(9=?./'1"/#"$#27%#"#/.">'2."<#&,8+#"*'5)"-,('6"*'-#%.6"%#2#G
%#2)/1"3#-$&#)//'6"2B+7(.:";)%#$#&')".8"/.6">'2."#9)/7"3&.9=+2.*#4"T#&('".">2)-$)2.1
%,%" ,2(,8':" R/," =-)2,-7" /," -,(=B" >#275=B" 2)+0/=B" <#&=1" ." *)$)&" &,8*)*,2" )J" +2.//')
*#2#-'1","(#&0%.".-3=<,//#"#>6#+.2."E$="<#&="-$#&#/#4:"Y"*)9)&="/)>#"8,*#2#%2#"$=9,(.1
8,-*)&%,2,"(#2/.01"8,<&)()2"<&#(1"."$J(/#)"(#&)"3&./02#-7"%.+,$7-0"2)+0/'(."<2'>,(.1
%#$#&')"0&%#"-*)&%,2."3&."%&,-/#("-*)$)"(#2/.4:";,"%#&,>206"=>.&,2."3,&=-,1"2B+."()$,G
2.-7"*"-$&,6)"."$&)3)$)1","&=-,2%,"-3#%#4/#"32'2,"*+,271"-.+0"/,"2)+0/#4"<#&)"."2B>=0-7
/,"#</)//')"8.<8,<."(#2/.41"%#$#&')1"3&#&)8,*"/)>#1"3,+,2."*"()&D,BF))"(#&):
M,"."*-)"-J-$&'"*#-6.F,2.-7"$)(1"9$#"=*.+)2."*3)&*')1"C"*-J"E$#">'2#"/#*#"."3#$#(=
/&,*.2#-7".(:";#"%#<+,"#/."-$,2."*8&#-2'(."+)*=5%,(.".".("&,8&)5.2."32,*,$7"3#*-B+=1
#/."-%#&#"3&.-(#$&)2.-7"%#"*-)(=1"9$#"*.+)2.1"."-3=-$0"()-0D"-$,2."=?)"<#*#&.$71"9$#"*)8+)
6#&#5#1"/#"+#(,"2=95):
O#"*)9)&,("*-)"30$7"-)-$J&"3#+/.(,2.-7"&=%,"#>"&=%="/,"3#*)&6/#-$7"*#+':"R/.">'2.
#+,&)/'"*)2.%#2)3/'(."<#2#-,(.1"%,%.6"/)">'*,)$"="2B+)41"C"."*#$"%#<+,"/,9./,2,-7">=&0
."#3,-/#-$7"/,*.-,2,"/,+"%#&,>20(.1"&=-,2%."3#+32'*,2."%"/.("."3)2."3)-/."#"9=+)-,6"3#+G
*#+/#<#"D,&-$*,1"=<#*,&.*,0"(#&0%#*"/)">#0$7-0"3#3,-$7"%"/.("/,"+/#:";#"(#&0%."/)"(#<2.
&,8#>&,$7"-2#*"C".("%,8,2#-71"9$#"E$#"3&#-$#"5=(.$">=&0:"!3&#9)(1")-2.">"#/."."3#3,2.
/,"+/#"(#&-%#)1".("*-J"&,*/#"/)"=+,2#-7">'"=*.+)$7"$,("/.%,%.6"9=+)-1"C"*)+71"%#<+,"%#&,>27
5J2"/,"+/#1"2B+."$#/=2."."3&.32'*,2."%#"+*#&D="(#&-%#<#"D,&0"=?)"(J&$*'(.:
!" $#" *&)(0" %,%" &=-,2%." &=%," #>" &=%=" *-32'*,2." /," 3#*)&6/#-$7" (#&01" (2,+5,0" .6
-)-$&,"-.+)2,"#+/,G#+./J5)/7%,1"<20+0".("*-2)+1".")4"#9)/7"6#$)2#-7"8,32,%,$7:";#"&=-,2%.
/)"(#<=$"32,%,$71".".("#$"E$#<#")FJ"$0?)2))"3)&)/#-.$7"-$&,+,/.0:
C" ^61" )-2." >'" (/)" =?)" >'2#" 30$/,+D,$7" 2)$@" C" <#*#&.2," #/,:" C" _" 8/,B1" 9$#" #9)/7
3#2B>2B"$#$"*)&6/.4"(.&"."2B+)41"%#$#&')"*"/J("?.*=$@
;,%#/)D".")4".-3#2/.2#-7"30$/,+D,$7"2)$@
C" ;=" *#$1" *'&,-$.2." ." $)>0@" C" -%,8,2," )4" >,>=5%,1" *+#*-$*=BF,0" %#&#2)*,:" C" O#+.
-B+,1"/,+#"."$)>0"3&./,&0+.$71"%,%"+&=<.6"-)-$J&:
K"#/,"/,+)2,"&=-,2#9%)"/,"<#2#*="*)/)D".8">)2'6"?)(9=?/'6"2.2.41"%,?+'4".6"2)3)G
-$#%">'2"-+)2,/".8"3#2#*./%."?)(9=?./'P"3#$#("3&.%,8,2,"*#-7()&'("=-$&.D,("3&.D)G
3.$7-0"%")J"6*#-$=1"C"E$#">'2#"8/,%#("#$2.9.0")J"-,/,:
C"I/)">#27/#@"C"3&#<#*#&.2,"&=-,2#9%,:
C"N,+."%&,-#$'"-$#.$"3#$)&3)$7@"C".8&)%2,"-$,&=6,:
^61" -" %,%.(" =+#*#27-$*.)(" -%./=2," >'" -" -)>0" &=-,2#9%," *-)" E$." =>#&'" ." $0?J2'4
*)/)D1"C",2')"D*)$'".8")J"-,+.%,"52.")4"<#&,8+#">#275):";#"+)2,$7"/)9)<#@
C"O&#F,4$)@"C"-%,8,2,"#/,"."2)<%#"."32,*/#1"%,%"3&#8&,9/'4"3=8'&)%"*#8+=6,1"3#+/0G
2,-7"/,"3#*)&6/#-$7:
Q#2/D)" $#27%#" 9$#" -)2#1" /#" #>2,%," )FJ" 3'2,2.1" 3=&3=&/')" ." 8#2#$')1" ." *" &#8#*#(
/)>)"8,?<2,-7"*)9)&/00"8*)8+,:"!#8+=6">'2"(0<#%"."-*)?1","(#&)"-2#*/#"8,()&2#:";)3#+,2J%=
#$"$#<#"()-$,1"<+)"*'/'&/=2,"&=-,2#9%,1"-$#02"$&J6(,9$#*'4"%#&,>27"*-)<#"2.57"-"#+/.(
3#+/0$'("3,&=-#(1"C"/,"(#&)"/)">'2#"/."(,2)45)<#"*)$)&%,:";,"*,/$,6"."&)06"-.+)2."(,$G
&#-'1"-"3,2=>'"+#/#-.2.-7"8*=%."(=8'%."."3)-)/P"%#<+,"?)"-#*-)("-$)(/)2#1"%#&,>27"#-*)G
$.2."-#$/."&,8/#D*)$/'6"T#/,&.%#*1"C"%,8,2#-71"9$#"*"*#8+=6)"8,()27%,2."T2,<."*-)6"/,D.4:
N=-,2#9%,"3#+32'2,"%"8)&%,27/'(".22B(./,$#&,("%,B$G%#(3,/.."."8,<20+'*,2,"$=+,"*-0G
%.4"&,81"%,%")J"3&.3#+/.(,2,"*#2/,:"!"%,B$G%#(3,/.."-#>&,2#-7"(/#<#"/,&0+/'6"2B+)41
/#"%&,-.*))"*-)6">'2"9)&/#<2,8'4"3&./D1"B/#5,"2)$"5)-$/,+D,$.1"/)">#275):"!"$#$"+)/7
]
!""#$%&'(&$!"")*+(,-./0,1
3&,8+/#*,2.")<#"&#?+)/.)1"#$$#<#G$#"/,"%#&,>2)"."52#"$,%#)"*)-)27):";,"3,2=>)"320-,2.
(,$&#-'1","%#<+,"%"/.("*'5)2"(#2#+#4"3&./D1"*8*.2.-7"-#$/."&,%)$1"."-$,2#"-*)$2#1"%,%
+/J(1"C"&=-,2#9%,"+,?)".-3=<,2,-7"."/'&/=2,"*"*#+=1"/#"-%#&#"#30$7"*'-=/=2,"<#2#*%=1".")4
3#9=+.2#-71">=+$#"E$#"8*J8+#9%."=3,2."-"/)>,"%"/)4"*"(#&):";.%#<+,")FJ"/)"*.+)2,"#/,"3#+#>G
/#4".<&'"#</)4L">#275.)"-#2/D,"*)&$)2.-7"%#2)-#(1"*)2.%#2)3/')"#</)//')"&'>'"%&=$.2.
6*#-$,(."*"*#8+=6)"C"."*-J"E$#"#$&,?,2#-7"*"/)+*.?/#4"-*)$2#4"*#+):";,"%#&,>2)"?)">'2#
$,%"-*)$2#1"9$#"(#?/#">'2#"&,82.9.$7"%,/,$"*")<#"-/,-$061","2B+)4"."3#+,*/#:"^61"+#"9)<#
6#&#5"-#>#B">'2"(#2#+#4"3&./D@"R/"3#?.(,2"&=%."2B+0("."=2'>,2-01","(=8'%,"*-J"<&)G
()2,"."<&)()2,"*"$.5./)"0-/#4"/#9.:
!&)(0" >'2#" =?)" 3#8+/))1" /#" &=-,2#9%," <2,8" /)" (#<2," #$#&*,$7" #$" %#&,>20" ." #$" %&,G
-,*D,"3&./D,:"N,8/#D*)$/')"#</."3#<,-2.1"&,%)$'">#275)"/)"*82)$,2."*"*#8+=61"/)"<&)()2.
."3=5)9/')"*'-$&)2'"C"8,$#"8,<=+)2#"."8,-$#/,2#"-,(#"(#&):"N=-,2#9%,"%,9,2,-7"/,"*#2/,6
&0+#("-"%#&,>2J(1"$#"."+)2#"8,<20+'*,0"*"%,B$G%#(3,/.B1","%#&,>27"(9,2-0"*-J">'-$&)4
.">'-$&)41"3,&=-,"&,8*J&$'*,2.-7"#+./"8,"+&=<.(:";#"*#$"/,9,2#-7"*#2/)/.)1"-<=-$.2.-7
$=9."."8,-*)&%,2,"(#2/.0:"N,8'<&,2,-7">=&01"."(,$&#-'">&#-.2.-7"=>.&,$7"3,&=-,:"Q.27G
/,0"%,9%,"$&)3,2,"#<&#(/'4"%#&,>271","*)$)&"(9,2")<#"3#">=5=BF.("*#2/,(:"!#%&=<"*'&,-G
$,2."*'-#%.)"9J&/')"*#+0/')"<#&'1"<&#8.*5.)"-#(%/=$7-0"/,+"(,9$,(.1"/#"%#&,>271"%,%
2)>)+71"3,+,2"*">)8+/="()?+="*#+0/'(."-$)/,(.1"3#$#("-/#*,"*82)$,2"/,"*,2'1"<&#(#8+0F.G
)-0"+&=<"/,"+&=<,:"N=-,2#9%)"$,%#)"32,*,/.)"#9)/7"/&,*.2#-71","(#&0%,("3&.6#+.2#-7"$=<#:
Y#&,>27"-%&.3)2"."$&)F,21"$#2-$')"+#-%."</=2.-7"3#+"-.27/'(."=+,&,(.1"*#2/'"3)&)%,$'G
*,2.-7"9)&)8"3,2=>=:"!#$"<&#$G(,9$,"3)&)2#(.2,-71"%,%"$&#-$./%,1"%#&,>27"2J<"/,>#%1"."*#+,
62'/=2,"*"$&B(:"A=$"&=-,2#9%,"3#/02,1"%,%,0"#3,-/#-$7"<&#8.$"%#&,>2BP")4"."-,(#4"3&.G
6#+.2#-7"#-$)&)<,$7-0">&J*)/"."#>2#(%#*1"/#-.*5.6-0"3#"*#2/,(:"Y,%"$)(/#"*+&=<"-$,2#1
6#$7" <2,8" *'%#2.@" ;#" *#$" #30$7" >2)-/=2," (#2/.01" ." &=-,2#9%," */#*7" =*.+)2," *-)6" 2B+)4
/,"%#&,>2)L"%,?+'4"-3,-,2-01"%,%"(#<:"R/,"3#-$,&,2,-7"#$'-%,$7"<2,8,(."3&./D,"."=*.+)2,1
%#<+,"%#&,>27"&,8*,2.2-01"9$#"B/#5,"$#/)$:"Q/,9,2,"&=-,2#9%,"#9)/7"#>&,+#*,2,-71"3#/0*1
9$#"$)3)&7"#/"3#3,+J$"%"/.("/,"+/#1"/#"3#$#("*-3#(/.2,1"9$#"2B+."*"*#+)"?.$7"/)"(#<=$
.")-2."#/"."3#3,+J$"*#"+*#&)D")J"#$D,1"$#"2.57"(J&$*'(:";)$1"/)$1"#/"/)"+#2?)/"=()&)$7@
K"#/,"3#32'2,"()?+=">&J*/,(."."+#-%,(.1"3#8,>'*"#"$#(1"9$#"#/."*"2B>=B"(./=$="(#<=$
)J"&,8+,*.$7:"O&.52#-7")4"$#"/'&0$7"*<2=>71"$#"*'-#%#"*82)$,$7"*()-$)"-"*#2/,(.1"/#"*#$
/,%#/)D" #/," +#</,2," 3&./D,1" %#$#&'4" =?)" 3#9$." *'>.2-0" .8" -.2" ." /)" (#<" >#275)" 32'$7
3#">=&/#(="(#&B:"N=%."."/#<."#$%,8,2.-7")(="-2=?.$71"<2,8,"8,%&'2.-71"."#/">'"3#<.>1
/)"0*.-7"/,"3#(#F7"&=-,2#9%,:"R/,"3&.3#+/02,"/,+"*#+#4")<#"<#2#*="."3#/)-2,-7"*()-$)
-"/.("3#"*#2)"*#2/:
Y"=$&="/)3#<#+,"-$.62,:"R$"%#&,>20"/)"#-$,2#-7"."F)3%.1","-#2/D)1"%&,-/#)"."3'2,BG
F))1"#30$7"8,-.02#"/,+"*#+#41".")<#"0&%.)"2=9."%,%">=+$#"*)&/=2."F)%,("3&./D,".6"?.*#4
&=(0/)D1"/#"<2,8,"B/#5."*-J")FJ"/)"#$%&'*,2.-7:
N=-,2#9%,"#$%./=2,"(#%&')"*#2#-'"-")<#"2>,"."3#D)2#*,2,"E$#$"*'-#%.41"%&,-.*'4
2#>:"Z4"3#%,8,2#-71"9$#"3&./D"3#6#?"/,"(&,(#&/#<#"(,279.%,1"=%&,5,BF)<#")J"-,+.%:"R/,
3#D)2#*,2,")<#"-/#*,"."#$"*-)<#"-)&+D,"3#?)2,2,1"9$#>'"#/"#-$,2-0"?.*:
;,%#/)D"3#%,8,2-0">)&)<"."*8+'(,*5.)-0"/,"/J("*'-#%.)1"-./)*,$')1"=6#+0F.)"*"/)>#
<#&'1" /," *)&5./,6" %#$#&'61" $#9/#" -$,." 2)>)+)41" >)2)2." -/)<,:" !/.8=1" =" -,(#<#" >)&)<,1
8)2)/)2."<=-$')"2)-,1"/)3#+,2J%="*'-.2#-7"%,%#)G$#"8+,/.)"C"*.+.(#1"D)&%#*7".2."(#/,G
-$'&7:"!"-,+=1"#%&=?,BF)("8+,/.)1"&#-2.",3)27-.//')"."2.(#//')"+)&)*701","="*#&#$"-$#G
02."*'-#%.)"3,27(':"I#&)"*+,*,2#-7"*">)2'4"3)-9,/'4">)&)<"/)>#275.("<2=>#%.("8,2.G
*#(1"<+)"*#+,">'2,"-#*-)("-3#%#4/,:"QB+,G$#"."3&.32'2,"&=-,2#9%,:"R/,"3#2#?.2,"3&./D,
/," 3)-#%" ." 3#8,>#$.2,-7" #" $#(1" 9$#>'" <#2#*," )<#" 2)?,2," 3#*'5)1" #-*)FJ//,0" $J32'(.
2=9,(."-#2/D,:
`
!""#$%&'(&$!"")*+(,-./0,1
!" E$#" *&)(0" *" *'-#%#(" >)2#(" 8+,/.." 8,8*#/.2." *" %#2#%#2,1" ." *" -,+" *'-'3,2,
D)2,0"$#23,"(#2#+'6"+)*=5)%:"N=-,2#9%,"#$32'2,"3#+,275)"8,"*'-#%.)"%,(/.1"$#&9,*5.)
.8"*#+'1"3#%&'2,"-)>)"*#2#-'"."<&=+7"(#&-%#4"3)/#4"C"$)3)&7"/.%$#"/)"&,82.9.2">'"*"E$#4
3)/)")J"-*)$2#<#"2.9.%,"C"."-$,2,"?+,$71"/)"3&.+J$"2."%$#"/,"3#(#F7">)+/#(="3&./D=:
b+,$7"3&.52#-7"/)+#2<#L"%"3&./D="3#+#52,"(#2#+,0"+)*=5%,"."-/,9,2,"#9)/7".-3=G
<,2,-71"/#">'-$&#"=-3#%#.2,-71"-#8*,2,"2B+)4:"[,$)("&=-,2#9%,"=*.+)2,1"9$#"3&./D"#?.2
."=2'>/=2-0"*-)("$)(1"%$#"-$#02"*#%&=<"/)<#:"^")4"/)"=2'>/=2-01"C"#/"*)+7"/)"8/,21"9$#"E$#
#/,"-3,-2,")(="?.8/7@"c&=-$/#"-$,2#"&=-,2#9%):"K"%#<+,"3&./D,"=*)2."*">#275#)">)2#)"8+,G
/.)1"#/,1"3)9,27/,01"/'&/=2,"*"*#+="."=32'2,"+#(#4:
R/,"*-)<+,">'2,"$.6#4"."8,+=(9.*#41","$)3)&7"-$,2,")FJ"8,+=(9.*)):"QJ-$&'"-3&,5.G
*,2.")J1"9$#"#/,"*.+)2,"/,"(#&)1"/#"#/,"(#29,2,:
;)"&,81"."*)9)&#("."=$&#(1"3#+32'*,2,"#/,"%"$#(="()-$=1"<+)"#-$,*.2,"3&./D,P"*.+)2,1
%,%" -#8&)2." ." >'2." -#&*,/'" 32#+'" *" -,+,61" *.+)2,1" %,%" /," *'-#%.6" <#&,6" -$,02" -/)<1" C
/#"3&./D"/)"3#0*202-0P"."-"%,?+'("&,8#("<&=-$0"*-J">#275)".">#275)1"#/,"*#8*&,F,2,-7
+#(#4:" Z+./-$*)//#4" )J" #$&,+#4" >'2#" -.+)$7" *" -*#J(" -,+.%)1" #>*.*,0" &=%,(." %&,-.*=B
(&,(#&/=B"-$,$=B1"3#6#?=B"/,"3&./D,:"[,"D*)$,(."#/,">#275)"/)"=6,?.*,2,1"#/."&#-2.
3#"-*#)4"*#2)1"+,?)"/,"+#&#?%,61"3)&)32)$,0-7"+2.//'(."-$)>20(."."2.-$70(."-"*)$*0(.
+)&)*7)*P"."*-%#&)"*"8,3=F)//'4"-,+.%"-#*-)("3)&)-$,2"3&#/.%,$7"-*)$:
;,%#/)D"&=-,2%,"/)"*'+)&?,2,"C"&,--%,8,2,"#>#"*-J("#+/#4".8"-)-$J&P"#$"/)J"#"3&./D)
-)49,-"?)"=8/,2."."*-)"#-$,27/')"-J-$&':";#">#275)"/.%$#1"C"/)"-9.$,0")FJ"+*=6G$&J6"&=-,G
2#%1"%#$#&')"/.%#(="#>"E$#("/)"<#*#&.2.1"%&#()"%,%"-,('(">2.8%.("-*#.("3#+&=<,(:"R+/,
.8"&=-,2#%"$#?)"*.+)2,"."3&,8+/.%"/,"%#&,>2)1"."-,(#<#"3&./D,"."+,?)"8/,2,1"<+)"/,6#+0$-0
)<#"*2,+)/.0:
C" O#32'*J(" *()-$)1" -)-$&.D,@" C" -%,8,2." &=-,2%)" -J-$&'" ." &=%," #>" &=%=" 3#+/02.-7
/,"3#*)&6/#-$7"(#&0">2.8"$#<#"()-$,1"<+)"/,6#+.2-0"+*#&)D"3&./D,:
M*#&)D">'2".8"-*)$2#G?J2$#<#">2)-$0F)<#"%,(/01"-">#275.(."(&,(#&/'(."2)-$/.G
D,(.P"#+/,".8"/.6"-3=-%,2,-7"3&0(#"%"(#&B:"!)2.%#2)3/')"*'8#2#9)//')"%=3#2,"*'-.2.-7
/,+"%&'5)41","*"/.5,6"()?+="%#2#//,(.1"#%&=?,*5.(."*-J"8+,/.)1"-$#02."(&,(#&/')"-$,G
$=.1"-#*-)("%,%"?.*'):"Q%*#87"3&#8&,9/')"-$J%2,"*'-#%.6"#%#/">'2."*.+/'"&#-%#5/')
3#%#.P"*-B+="*.-)2."+#&#<.)"5J2%#*')"8,/,*)-%.1"*-B+=">'2."&,8#-$2,/'"%#*&'1","-$)/'
=%&,5,2.">#275.)"%,&$./'1"%#$#&')"$,%"./$)&)-/#">'2#"&,--(,$&.*,$7:"O#-&)+."#<&#(G
/#<#"8,2,"?=&9,2">#275#4"T#/$,/1"."-$&=.")<#">.2."*'-#%#G*'-#%#"3#+"3#$#2#%:"O#$#2#%
>'2"*"*.+)"-$)%20//#<#"%=3#2,1"."2=9."-#2/D,"3&#/.%,2."-%*#87"/)<#"*/=$&71"#-*)F,0"*#+=
."9=+/')"&,-$)/.01"%#$#&')"&#-2."*"#>5.&/#("*#+#J():
A)3)&7"&=-,2#9%,"8/,2,1"<+)"?.*J$"3&./DP"."*#$"#/,"-$,2,"9,-$#"3&.32'*,$7"%#"+*#&D=
*)9)&,(.".2."/#97B:";."#+/,".8"-)-$J&"/)"#-()2.*,2,-7"$,%">2.8%#"3#+32'*,$7"%"8)(2)1"%,%
(2,+5,01"C"#/,"*32'*,2,"+,?)"*"=8%.4"%,/,21"%#$#&'4"3&#$)%,2"3&0(#"3#+"*)2.%#2)3/'(
(&,(#&/'(">,2%#/#(1">&#-,*5.("/,"*#+="+2.//=B"$)/7:"A=$"#/,"#-$,/,*2.*,2,-7"."3#+#2<=
-(#$&)2,"/,"(#2#+#<#"3&./D,P","$#$">'2"=*)&)/1"9$#"-.+.$"3&."-*)$)"()-0D,"*"3#2/#("#+.G
/#9)-$*):
I/#<#"&,8"*.+)2,"&=-,2#9%,1"%,%"#/"%,$,)$-0"-"(=8'%,/$,(."/,"-*#)4"/,&0+/#4"2#+%)1
=%&,5)//#4"&)BF.(."T2,<,(.:"R/,"*'<20+'*,2,".8"8,&#-2)4"8)2J/#<#"$&#-$/.%,1".")-2.
2B+." ./#4" &,8" 8,()9,2." )J" +2.//=B" -)&)>&.-$#G>)2=B" *=,271" &,8*)*,BF=B-0" /," *)$&=1
$#"3&./.(,2."))"8,"2)>)+01"&,-3&,*20BF)<#"%&'270:
;)"&,8"$,%?)"-2'5,2,"#/,1"%,%"<#*#&.2."#"3&./D)"&'>,%.1"2#*.*5.)"3#"/#9,("&'>=P
#/."&,--%,8'*,2."#"/J("(/#<#"6#&#5)<#:"K"&=-,2#9%,1"&,+=0-71"9$#"-3,-2,")(="?.8/71"%#<+,
)<#1" 3#2=(J&$*#<#1" 5*'&02." *#2/'1" *-3#(./,2," #" $#(1" %,%" %&)3%#" #/," 3&.?.(,2," $#<+,
%"<&=+.")<#"<#2#*="."%,%"/)?/#"D)2#*,2,")<#:"^"#/"/.9)<#"#>"E$#("/)"8/,21"#/,"+,?)"."3&.G
-/.$7-0")(="/)"(#<2,:
a
!""#$%&'(&$!"")*+(,-./0,1
!-J">#275)".">#275)"/,9./,2,"&=-,2#9%,"2B>.$7"2B+)41"*-J"-.27/)4"."-.27/)4"$0/=2#
)J"%"/.(:"K6"(.&"%,8,2-0")4"<#&,8+#">#2))"5.&#%.(1"9)(")J"(.&L"#/."(#<2."3)&)32'*,$7"(#&)
/,"-*#.6"%#&,>2061"(#<2."*8>.&,$7-0"/,"*'-#%.)"<#&'"%"-,('("#>2,%,(1","8)(2.1"%#$#&'(.
#/."*2,+)2.1".6"2)-,"."3#20"$0/=2.-7"$,%"+,2)%#1"9$#"#/,"/)"(#<2,"#6*,$.$7".6"*8<20+#(:"Z4
$,%"6#$)2#-7"3#>#275)"=8/,$7"#"2B+061"/#"-J-$&'"/)"(#<2."#$*)$.$7"/,"*-)")J"*#3&#-'1"."#/,
#>&,$.2,-7"%">,>=5%):"Q$,&=6,"6#&#5#"8/,2,"W*'-5.4"(.&X1"%,%"#/,"3&,*.27/#"/,8'*,2,
8)(2B1"2)?,*5=B"/,+"(#&)(:
C"^"$)"2B+.1"9$#"/)"$#/=$1"C"-3&,5.*,2,"&=-,2#9%,1"C"#/."?.*=$"*)9/#e"R/."/)"=(.&,B$1
%,%"=(.&,)("('"$=$"*/.8=1"*"(#&)e
C"!#*-)"/)$@"C"#$*)9,2,"-$,&=6,:"C"R/."$#?)"=(.&,B$:"K"*)%".6"+,?)"%#&#9)"/,5)<#:
;#"6#$7"('"."?.*J("$&.-$,"2)$1","%#<+,"/,("3&.6#+.$"%#/)D1"#$"/,-"#-$,J$-0"2.57"3)/,"(#&G
-%,01"."/)$"="/,-"(#<.2"/,5.6">2.8%.61"('"/)"#+,&)/'">)--()&$/#4"+=5#41"."/,5,"&=-,2#G
970"?.8/7"%#/9,)$-0"-#"-()&$7B"$)2,:"I'"C"%,%"E$#$"$&#-$/.%L"-&)8,//'4"-$)>)27")<#"=?)
/)"8,8)2)/))$"*/#*7@"^"="2B+)4")-$7"+=5,1"%#$#&,0"?.*J$"*)9/#1"#/,"?.*J$"."3#-2)"$#<#1"%,%
$)2#"3&)*&,$.$-0"*"3&,61"."$#<+,"=2)$,)$"*"3&#8&,9/=B"*'-71"%"-*)&%,BF.("8*J8+,(:"Y,%"('
*-32'*,)("/,"3#*)&6/#-$7"(#&0"."*.+.("8)(2B1"<+)"?.*=$"2B+.1"$,%"."#/."3#+/.(,B$-0
*"/)*)+#(')">2,?)//')"-$&,/'1"%#$#&'6"/,("/)"=*.+)$7"/.%#<+,@
C"^61"3#9)(="="/,-"/)$">)--()&$/#4"+=5.@"C"<&=-$/#"3&#<#*#&.2,"&=-,2#9%,:"C"_">'
*-)"-*#."-#$/."2)$"#$+,2,"8,"#+./"+)/7"9)2#*)9)-%#4"?.8/.1"9$#>'"3#$#("*%=-.$7"/)>)-/#<#
>2,?)/-$*,:
C"\$#"8,"*8+#&@"C"-%,8,2,"-$,&=6,:"C"A'"#>"E$#("."/)"+=(,4:";,("$=$"?.*J$-0"%=+,"2=95)1
9)("2B+0("/,"8)(2):
C";)=?)2."."0"3#-2)"-()&$."3&)*&,F=-7"*"(#&-%=B"3)/="."/)"=-2'5=">#275)"(=8'%.
*#2/1"/)"=*.?="3&)%&,-/'6"D*)$#*"."#</)//#<#"-#2/D,@";)=?)2."(/)"/.%,%"/)"=+,-$-0"#>&)G
-$."*)9/=B"+=5=e
C";)$1"C"#$*)$.2,">,>=5%,:"C";#")-2."%$#G/.>=+7".8"2B+)4"3#2B>.$"$)>0"$,%1"9$#"$'"-$,G
/)57")(="+#&#?)"#$D,"."(,$)&.1")-2."#/"#$+,-$-0"$)>)"*-)("-*#.("-)&+D)("."*-)(."3#('-G
2,(."."3#3&#-.$"-*0F)//.%,"-#)+./.$7"*,5."&=%."*"8/,%"*)9/#4"*)&/#-$."+&=<"+&=<="C"$#<+,
)<#"+=5,"3)&)4+J$"*"$*#J"$)2#"."$'"$#?)"3#8/,)57"/)>)-/#)">2,?)/-$*#1"+#-$=3/#)"2B+0(:
H$#$"9)2#*)%"*+#6/J$"*"$)>0"+=5="."-#6&,/.$"-*#B:";#"-"$#>#4"E$#<#"/.%#<+,"/)">=+)$L"$*#4
&'>.4"6*#-$1"%#$#&'4"="/,-"-9.$,)$-0"%&,-.*'(1"2B+."/,6#+0$">)8#>&,8/'(:"!)+7"#/."(,2#
-('-20$"*"%&,-#$)P"3#".6"(/)/.B1"/)2780">'$7"%&,-.*'(">)8"+*=6"/)=%2B?.6"3#+3#&#%"C
W/#<X1"%,%"#/.".6"/,8'*,B$:
c2=>#%#"*8+#6/=2,"&=-,2#9%,"."3)9,27/#"3#-(#$&)2,"/,"-*#4"&'>.4"6*#-$:
C"U=+)("?.$7"+,"&,+#*,$7-0@"C"-%,8,2,"-$,&=6,:"C"O#*)-)2.(-0"**#2B"-*#."$&.-$,"2)$1
,"E$#"/)(,2'4"-&#%@"A)("-2,F)"3#%,?)$-0"/,("#$+'6"3#-2)"-()&$.:"Q)<#+/0"*)9)&#("="/,3&."+*#&)">=+)$">,2@
!#$">'2#"*)2.%#2)3.)1"%,%#<#"/)"=*.+.57"/,"8)(2)@"Q$)/'"."3#$#2#%"<&#(,+/#<#"$,/G
D)*,27/#<#"8,2,">'2.".8"$#2-$#<#1"/#"3&#8&,9/#<#"-$)%2,1","*+#27"-$)/"&0+,(."2)?,2."-#$/.
#<&#(/'6"&#8#*'6"."$&,*0/#G8)2J/'6"&,%#*./"-"<#2=>'(."#<#/7%,(."*/=$&.:"R</."E$."0&%#
#-*)F,2."*)-7"8,2".1"3&#/.%,0"-%*#87"-$)%20//')"-$)/'1"#8,&02."-,(#"(#&):"!.+/#">'2#1"%,%
%"-$)/,("3#+32'*,B$"-$,.">#275.6"."(,2)/7%.6"&'>1"-*)&%,BF.6"$#"3=&3=&/#41"$#"8#2#G
$.-$#4".2."-)&)>&.-$#4"9)5=J4:
O#-&)+."8,2,"*#+,"(9,2,-7"5.&#%.("3#$#%#(1"."*"/)4"$,/D)*,2."*#+0/')"."&=-,2%.
3#+"-*#J"9=+)-/#)"3)/.):"f"2B+)4"$,%.6"+.*/'6"<#2#-#*"/)">'*,)$:"N=-,2#9%,"3)2,"2=95)
*-)61"."*)-7"+*#&")4"&=%#32)-%,2:";,"(./=$=")4"-$,2#"*)-)2#1"%#<+,"#/,"3#+=(,2,"#"$#(1"9$#
/."="%#<#"."/.<+)1"/."*"(#&)1"/."/,"8)(2)1"/)$"$,%#<#"9=+)-/#<#"<#2#-,1"%,%"="/)JP"/#"3#$#(
#/,"#30$7"-$,2,"*-3#(./,$7"#"/,+*#+/#("(.&)1"#"3&)%&,-/#("3&./D)"."<&=-$.$7"#"$#(1"9$#
="/)J"/)$">)--()&$/#4"+=5.:"!-%#&)"#/,"/)8,()$/#"*'-%#278/=2,".8"+*#&D,".1"3#%,"$,("3)2.
d
!""#$%&'(&$!"")*+(,-./0,1
."*)-)2.2.-71"<&=-$/#"-.+)2,"*"-*#J("-,+.%)P"-%*#87"$#2F="*#+'"%"/)4"+#/#-.2.-7"8*=%.
(=8'%.:"K"#/,"+=(,2,L"W!#$"#/"#30$71"/,*)&/#)1"%,$,)$-0"*"2#+%)@"Y,%"0"2B>2B")<#@"U#275)1
9)("#$D,"."(,$7@"I'-2)//#"0"3#-$#0//#"-"/.(1")(="0"#6#$/#"**)&.2,">'"-*#J"-9,-$7)1"*-B
-*#B"?.8/7@"N,+."/)<#".">)--()&$/#4"+=5."0"3#52,">'"/,"*-J@"O#%,"-J-$&'"$,/D=B$"*"#$D#*G
-%#("+*#&D)1"3#32'*=G%,"0"%"(#&-%#4"*)+7():"_"*-)<+,")J">#02,-71"/#1"(#?)$">'$71"#/,"$)3)&7
9$#G/.>=+7"3#-#*)$=)$"."%,%G/.>=+7"3#(#?)$"(/)X:
K" &=-,2#9%," 3#32'2," .8" -*#)<#" -,+.%," %" >=&/'(" *#+#*#&#$,(1" 8," %#$#&'(." ?.2,
*)+7(,:" Z4" )FJ" /." &,8=" /)" 3&.6#+.2#-7" 32'$7" E$#4" +#&#<#4:" A=$" /)" &#-2#" /." D*)$#*1
/." +,?)" *#+#&#-2)41" *-B+=" >'2" $#27%#" <#2'4" -)&'4" 3)-#%:" !#+," *" *#+#*#&#$,6" >=&2.2,
."5=()2,1"%,%"3#+"()27/.9/'(."%#2J-,(.1"=*2)%,0"8,"-#>#4"*"<2=>./="*-J1"9$#"*-$&)9,2,
/,"3=$.:"N=-,2#9%)"3&.52#-7"32'$7"%,%"&,8"()?+="E$.(.">=&20F.(."*#+#*#&#$,(.:"O#$#(
/," 3=$." %" 2#<#*=" *)+7('" )4" *-$&)$.2#-7" )FJ" >#275))" 3&#-$&,/-$*#1" 3#%&'$#)" <#&09.(
3=8'&.*5.(-0".2#(P"E$#"()-$#"*)+7(,"/,8'*,2,"-*#.("$#&T0/'(">#2#$#(:"[,"/.("3#%,8,G
2#-7"."?.27J"*)+7('1"#%&=?J//#)"%,%.(G$#"+.%#*.//'("2)-#(L"*()-$#"+)&)*7)*"."%=-$#*
*" /J(" >'2." 3#2.3'" C" 3#2=?.*#$/')G3#2=&,-$)/.01" 3#6#?.)" /," -$#<#2#*'6" 8()41" *'&#-G
5.6"3&0(#".8"3)-%,P"*)$*.".6">'2."3#+#>/'"+2.//'("#-%2.82'("&=%,(1","3,27D'".8*.G
*,2.-71"%,%"9)&*.:"O#2.3'"/."/,"(./=$="/)"3)&)-$,*,2."5)*)2.$7"*-)(."-*#.(."*)$*0(.
#$" %#&/0" +#" -,(#4" *)&6=5%.1" <.>%.(." F=3,27D,(." #/." *3.*,2.-7" *#" *-J1" 9$#" $#27%#" .(
3#3,+,2#-71"."=?)"/)"*'3=-%,2."+#>'9.:"N=-,2#9%,".-3=<,//#"#-$,/#*.2,-71"."-)&+D)")J
8,-$=9,2#"#$"-$&,6,:"R/,"=?)"<#$#*,">'2,"=32'$7"#>&,$/#1"/#"*-3#(/.2,"#"3&./D)1"#">)-G
-()&$/#4"+=5)"C"."%"/)4"*)&/=2#-7"(=?)-$*#:"Y&)3%#"#>(#$,*"*#%&=<"<#2#*'"-*#."+2.//')
*#2#-'1"9$#>'".6"/)"8,D)3.2."3#2.3'1"#/,"-%&)-$.2,"/,"<&=+."&=%.".1"%,%"&'>,1"3#32'2,
()?+="9=+#*.F,(.1"%#$#&')"3&#$0<.*,2."%"/)4"-*#.".8*.*,BF.)-0"F=3,27D,:"R/,"*.+)2,1
+#"9)<#"%&)3%#1"-2#*/#"?)2)8/'(."%2)F,(.1"+)&?,2."#/."*-J1"9$#"=+,2#-7"-6*,$.$7L">)2')
-%)2)$'"=$#32)//.%#*1"%#&,>)27/')"&=2.1"0F.%.1"#-$#*'"?.*#$/'61"+,?)"#+/="&=-,2#9%=L
3#2.3'"3#4(,2."."8,+=5.2.")J:"H$#">'2#1"3#?,2=41"-$&,5/))"*-)<#@
;#" *#$" /,5," &=-,2#9%," #9=$.2,-7" /," >#2#$.-$#4" 2)-/#4" 3#20/)1" <+)" %=*'&%,2.-7
>#275.)"?.&/')"*#+0/')"=?.1"3#%,8'*,0"-*#J"3&#$.*/#)"-*)$2#G?J2$#)">&B6#:"O#-&)+.
3#20/'"-$#02"+#(1"*'-$&#)//'4".8">)2'6"9)2#*)9)-%.6"%#-$)4P"$=$"?)"-.+)2,"."-,(,"(#&G
-%,0"*)+7(,1"%#&(.*5,0".8#"&$,"?,>=1"%,%"2B+."%#&(0$"-,6,&#("(,2)/7%.6"%,/,&))%:"c,+%.6
?.&/'6"=?)4"#/,"/,8'*,2,"WD'320$%,(.X"."3#8*#202,".("3#28,$7"3#"-*#)4">#275#4"/#8+G
&)*,$#41"%,%"<=>%,1"<&=+.:
C"[/,B1"8/,B1"8,9)("$'"3&.52,@"C"-%,8,2,"&=-,2#9%)"(#&-%,0"*)+7(,:"C"c2=3#-$."8,$)G
*,)57@";=1"+,"0".-3#2/B"$*#J"?)2,/.)1"3#$#(="9$#"E$#"3&./)-J$"$)>)"<#&)1"%&,-,*.D,@"A'
6#9)57"*8,()/"&'>7)<#"6*#-$,"3#2=9.$7"+*)"3#+3#&%."."6#+.$71"%,%"2B+.P"6#9)571"9$#>'
(#2#+#4"3&./D"$)>0"3#2B>.21","$'"3#2=9.2,".")<#1".">)--()&$/=B"+=5=@
K"*)+7(,"8,6#6#$,2,"$,%"<&#(%#".">)8#>&,8/#1"9$#"."?,>,"."=?."-*,2.2.-7"-"/)J"."&,-G
$0/=2.-7"/,"3)-%):
C";="2,+/#1"3&.52,"$'"*#*&)(0@"C"3&#+#2?,2,"*)+7(,:"C"^"3&.+."$'"8,*$&,"3#=$&=1
>'2#">'"=?)"3#8+/#1"."0"/)"(#<2,">'"3#(#97"$)>)"&,/75)1"9)("*">=+=F)("<#+=:"_"3&.<#$#*2B
$)>)"3.$7J1","$'"*#87(J57")<#1"3#+32'*J57"-"/.("%">)&)<=")FJ"+#"*#-6#+,"-#2/D,1"-0+)57
$,("."*'37)57"*-J"+#"%,32.:"A#<+,"$*#4"6*#-$"&,8+*#.$-0"."3&)*&,$.$-0"*"+*)"#9,&#*,$)27G
/')1"%,%"-%,?=$"2B+.1"/#?%.1"/#"$)>)">=+)$"$,%">#27/#1"%,%">=+$#"$)>0"3&#/80$"/,-%*#87
#-$&'(" ()9#(:" [,$#" %,?+'41" %$#" $)>0" =*.+.$1" -%,?)$1" 9$#" $,%#4" 3&)2)-$/#4" +)*=5%." #/
*"?.8/."/)"*.+'*,2@"A'"-#6&,/.57"-*#B"2J<%=B1"-%#2780F=B"3#6#+%=1"C"/."#+/,"$,/D#*G
F.D,"/)"-&,*/.$-0"-"$#>#4P"/#"8/,41"9$#"%,?+'4"$*#4"5,<">=+)$"$)>)"3&.9./0$7"$,%=B">#271
%,%">=+$#"$'"-$=3,)57"3#"#-$&'("/#?,(1"%,%">=+$#"%&#*7"-#9.$-0".8"$*#.6"/#?)%:"Z-2."$'
-#<2,-/,"*-J"E$#"*'$)&3)$71"0"$)>)"3#(#<=:
g
!""#$%&'(&$!"")*+(,-./0,1
C"M,@"C"#$*)$.2,"&=-,2#9%,"+&#?,F.("<#2#-#("."3#+=(,2,"#"3&./D)"."#">)--()&$/#4
+=5):
C"[/,4"$,%?)1"C"3&#+#2?,2,"*)+7(,1"C"9$#1")-2."$'"3&.()57"9)2#*)9)-%.4"#>&,81"$)>)
=?)"/)">'$7"&=-,2%#4"/.%#<+,:"A'">#275)"/)"-(#?)57"-3=-%,$7-0"%"-J-$&,("."*#"+*#&)D"#$D,:
K")-2."3&./D"/)"3#2B>.$"$)>0"$,%1"9$#"&,+."$)>0"8,>=+)$"#$D,"."(,$71")-2."#/"/)"3&.2)3.$-0
%" $)>)" +=5#4" ." $)2#(" ." /)" 3#3&#-.$" -*0F)//.%," -#)+./.$7" *,5." &=%.1" 9$#>'" *,(" -$,$7
(=?)("."?)/#41"C"$'"/)"#>&)$J57">)--()&$/#4"+=5.:"Z-2."?)"#/"*#87(J$"*"?J/'"+&=<=B1
$#"/,"3)&*#4"?)"8,&)"3#-2)".6">&,%,"-)&+D)"$*#J"&,8#&*J$-0"/,"9,-$."."$'"3&)*&,$.57-0
*"(#&-%=B"3)/=:
C"O=-$7@"C"3&#<#*#&.2,"&=-,2#9%,"."3#>2)+/)2,"%,%"-()&$7:
C" Y&#()" $#<#1" $'" +#2?/," 8,32,$.$7" (/)" 8," 3#(#F7@" C" -%,8,2," *)+7(,:" C" ^" 0" *#87(=
/)+J5)*#:"[+)-71"/,"+/)"(#&-%#(1"/."="%#<#"/)$"<#2#-,"%&,-.*))"$*#)<#1".".("$'"/,+))57-0
#>*#&#?.$7"3&./D,1"C"/#"$'"+#2?/,"#$+,$7"-*#4"<#2#-"(/):"[,"-*#4"+&,<#D)//'4"/,3.$#%
0"*#87(="-,(#)"2=95))1"9$#"="$)>0")-$7L"0"*)+7"+#2?/,"3&.3&,*.$7"E$#$"/,3.$#%"-*#)4"-#>G
-$*)//#4"%&#*7B1"+20"$#<#"9$#>'"#/"-$,2"#-$&'41"%,%"2)8*.)"()9,@
C"Z-2."$'"*#87(J57"(#4"<#2#-1"9$#"?)"="()/0"#-$,/)$-0e"C"-3&#-.2,"&=-,2#9%,:
C" A*#J" 3&)2)-$/#)" 2.D#1" $*#0" -%#2780F,0" 3#6#+%," ." $*#." <#*#&0F.)" <2,8,1" C" E$#<#
*3#2/)"+#-$,$#9/#1"9$#>'"3#%#&.$7"9)2#*)9)-%#)"-)&+D):";="3#2/#1"/)">#4-0L"$'"*'-=/)57
08'9#%1","0")<#"#$&)?="*"=32,$="8,"*#25)>/'4"/,3.$#%:
C"O=-$7">=+)$"$,%@"C"-%,8,2,"&=-,2#9%,:
K"*)+7(,"3#-$,*.2,"/,"#<#/7"%#$J21"9$#>'"-*,&.$7"3.$7J:
C"\.-$#$,"C"2=95,0"%&,-#$,@"C"-%,8,2,"#/,"."#>$J&2,"%#$J2"-*08%#4"?.*'6"=?)41"3#$#(
&,-D,&,3,2,"-)>)"<&=+71"."9J&/,0"%&#*7"8,%,3,2,"*"%#$J21"/,+"%#$#&'("*-%#&)"8,%2=>.2-0
3,&1"3&./.(,*5.4"-$#27"3&.9=+2.*')"T#&('1"9$#"-$&,5/#">'2#"-(#$&)$7"/,"/)<#:"!)+7(,
3#(./=$/#">&#-,2,"*"%#$J2"*-J"/#*')"."/#*')"-/,+#>70P"."%#<+,"3.$7J"8,%.3)2#1"3#-2'5,G
2.-7"8*=%.1"3#6#?.)"/,"32,9"%&#%#+.2,:";,%#/)D"8)27)"-*,&.2#-7P"/,"*.+"#/#"%,8,2#-7"3&#G
8&,9/#4"*#+#4:
C";,1">)&.@"C">=&%/=2,"*)+7(,1"#$+,*,0")<#"&=-,2#9%)1"%#$#&,0"/)"(#<2,">#275)"/."3)$71
/."<#*#&.$7:
C"Z-2."3#2.3'"8,6#$0$"$)>0"-6*,$.$71"%#<+,"$'"3#32'*J57"/,8,+"(#.("2)-#(1"C"-%,8,2,
*)+7(,1" C" >&'8/." /," /.6" $#27%#" #+/=" %,32B" E$#<#" 3.$701" ." .6" &=%." ." 3,27D'" &,82)$0$-0
/,"$'-09="%=-%#*:
;#" &=-,2#9%)" E$#" /)" 3#/,+#>.2#-7L" 3#2.3'" -" =?,-#(" #$*#&,9.*,2.-71" )+*," 8,*.+)*
/,3.$#%1"-*)&%,*5.4"*")J"&=%,61"%,%"0&%,0"8*)8+,:"U'-$&#"3&#32'2,"#/,"3#"2)-=1"(./#*,2,
>#2#$.-$=B"/.8./=".">=&20F.)"*#+#*#&#$':
;#"*#$"."#$D#*-%.4"+*#&)DP"#</."*">#275#("8,2)">'2."3#$=5)/'L"*)&#0$/#1"*-)"=?)
-3,2.:"N=-,2#9%,"/)"3#-()2,"*#4$."*#"+*#&)D"C"*)+7"#/,">'2,"/)(,0"."-#>.&,2,-7"/,*)%.
3#%./=$7"#$9.4"+#(:"Q)&+D)")J">'2#"<#$#*#"&,8#&*,$7-0"#$"$#-%."."3)9,2.:"R/,"3&#-%#278G
/=2,"*"-,+".1"-#&*,*"3#"D*)$%="-"%2=(>'"%,?+#4"-*#)4"-)-$&'1"3#-2,2,"&#+/'("$'-09="*#8G
+=5/'6"3#D)2=)*1"3#$#("-$,2,"3#+/.(,$7-0"/,*)&6"-%*#87"$#2F="$J(/#G<#2=>#4"*#+':
Q#2/D)" )FJ" /)" *-$,*,2#1" %#<+," #/," =*.+)2," 3)&)+" -#>#4" +*#&)D" 3&./D," ." 3&.-)2,
/,"/.?/BB"-$=3)/7%="*)2.%#2)3/#4"(&,(#&/#4"2)-$/.D'1"#8,&J//#4"*#25)>/'("<#2=>'(
-.0/.)("()-0D,:"N=-,2#9%,"*'3.2,"#</)//'41"#-$&'4"/,3.$#%1".")4"3#%,8,2#-71"9$#")J"/)?G
/#)"$)2#"3&#/8.2"#>#B+##-$&'4"()9P"#/,"3#$)&02,"-#8/,/.)"."=3,2,"8,()&$*#:"R9/=2,-7"#/,1
%#<+,"/,+"(#&)("=?)"-.02#"-#2/D)1"."-&,8="#F=$.2,"?<=9=B">#27P"8,$#"3)&)+"/)4"-$#02"B/'4
%&,-,*)D"3&./D"."-(#$&)2"/,"/)J"-*#.(."9J&/'(.1"%,%"=<#271"<2,8,(.:"N=-,2#9%,"3#$=3.G
2,-7"."=*.+)2,1"9$#"*()-$#"&'>7)<#"6*#-$,"="/)J"$)3)&7"*'&#-2."+*)"*#-6.$.$)27/')">)2')
/#?%.1"(,2)/7%.)1"%,%"="+)*#9%.:";#"#/,">'2,"-#*-)("/,<,0"."3#-%#&))"8,%=$,2,-7"*"-*#.
+2.//')"<=-$')"*#2#-':"O&./D"-3&#-.21"%$#"#/,"$,%,0"."%,%"-B+,"3#3,2,1"/#"#/,"$#27%#
hi
!""#$%&'(&$!"")*+(,-./0,1
<&=-$/#"."%&#$%#"-(#$&)2,"/,"/)<#"-*#.(."$J(/#G<#2=>'(."<2,8,(."C"<#*#&.$7"#/,"/)"(#<2,:
A#<+,"#/"*802")J"8,"&=%="."3#*J2"*#"+*#&)D:"!)+7(,"-%,8,2,"3&,*+=L"-"%,?+'("5,<#("&=-,G
2#9%)"9=+.2#-71">=+$#"#/,"/,-$=3,)$"/,".<2'".2."#-$&')"/#?.P"/#"#/,"$)&3)2.*#"3)&)/#G
-.2,">#27"."52,"&=%,"#>"&=%="-"3&./D)(1"2J<%,01"-*)$2,01"%,%"('27/'4"3=8'&J%P"3&./D"."*-)
#%&=?,BF.)"/)"(#<2."/,+.*.$7-0"/,")J"3&)2)-$/=B"-%#2780F=B"3#6#+%=:
N=-,2#9%=" /,&0+.2." *" +#&#<.)" (=-2./#*')" ." 5J2%#*')" 32,$701" ." #/," -$,2," 3)&*#4
%&,-,*.D)4"3&."+*#&)1"/#"3#G3&)?/)(="#-$,*,2,-7"/)(#4"C"/)"(#<2,"/."3)$71"/."<#*#&.$7:
R+/,?+'"%&,-.*')"&,>'/.1"*-)"*"5)2%="."8#2#$)1"3&)+-$,2."3)&)+"3&./D)(".")<#"D,&-$*)/G
/'(." &#+.$)20(." ." 8,3)2." 3)-/B:" R+/," &,>'/0" 3)2," #-#>)//#" 6#&#5#1" ." 3&./D" 62#3,2
*" 2,+#5." ." =2'>,2-0" )4:" N=-,2#9%)" -$,2#" #9)/7" <&=-$/#1" *)+7" %#<+,G$#" ." #/," (#<2," 3)$71
."3)2,"<#&,8+#"2=95)@"W^61")-2.">'"#/"$#27%#"8/,21"9$#"0"/,*-)<+,"&,--$,2,-7"-#"-*#.("<#2#G
-#("+20"$#<#1"9$#>'"*)9/#">'$7"*#82)"/)<#1"(#)<#"2B>.(#<#@X"C"+=(,2,"#/,:
O#$#("&,>'/."-$,2."$,/D)*,$7"3#+"8*=%."9,&=BF)4"(=8'%.:"A=$"."&=-,2#9%,"3#+/02,
-*#."6#&#5)/7%.)">)2')"&=9%.1"*-$,2,"/,"D'3#9%."."3#/)-2,-7"*"2J<%#("*#8+=5/#("$,/D)1"C
$,%"/)"$,/D)*,2")FJ"/.%$#:"Y,?+#)"+*.?)/.)"3#+9J&%.*,2#")J"%&,-#$=1","&=-,2#97."<2,8,
<#*#&.2."-)&+D=">#275)1"9)("3)/.)"&,>'/7:
!-)"3&.52."*"*#-$#&<1"#-#>)//#"3&./D1"/,8*,*5.4"&=-,2#9%="-*#.("(,2)/7%.("/,4G
+J/'5)(:"R/,"*-J"$,/D)*,2,"."$,/D)*,2,1"6#$0"*-0%.4"&,81"%#<+,"/#?%.")J"%,-,2.-7"3#2,1
)4">'2#"$,%">#27/#1"%,%">=+$#"#/,"/,-$=3,2,"/,"#-$&'4"/#?:"O&./D"-%,8,21"9$#"#/,"*-)<+,
>=+)$"?.$7"="/)<#1"."3#8*#2.2")4"-3,$7"/,">,&6,$/#4"3#+=5%)"3)&)+"+*)&0(.")<#"%#(/,$':
R/"3&.%,8,2"-5.$7")4"(=?-%#)"32,$7)1"9$#>'"#/,"*()-$)"-"/.("(#<2,")8+.$7"*)&6#(:
R/."3&#)8?,2."3#">2,<#=6,BF.("2)-,(1"<+)"*"-*)?)4"2.-$*)"3)2."3$.9%.1","8)2J/')"*)$*.
<2,+.2."(,2)/7%=B"*-,+/.D="3#"32)9,(P"#/."*8>.&,2.-7"/,"*'-#%.)"<#&'1"."6#$0".8")J"/)?G
/'6"/#?)%"-#9.2,-7"%&#*7"."*-)"E$#"*.+)2.1"#/,"$#27%#"-()02,-7"."*-2)+"8,"3&./D)("3#+/.G
(,2,-7"/,"<#&/')"*)&5./'L"$,("#/."2B>#*,2.-7"#>2,%,(.1"32'*5.(."=".6"/#<1"-2#*/#"-$,.
3$.D1"=2)$,BF.6"*"+,27/.)"-$&,/':
^"+#(,1"*#"+*#&D)"3&./D,1"/#97B1"%#<+,"*-)"-3,2.1"&=-,2#9%,"-3=-%,2,-7"3#"(&,(#&G
/#4"2)-$/.D)1"*'6#+.2,"/,">)&)<"(#&0".1"3#<&=8.*"3'2,*5.)1"%,%"*"#</)1"/#<."*"6#2#+/=B
(#&-%=B"*#+=1"+=(,2,"#"-*#.6"&#+/'61"#-$,*5.6-0"/,"+/)"(#&-%#(:
R+/,?+'"/#97B".8"*#+'"*'32'2."&=%,"#>"&=%=")J"-J-$&'"."8,3)2."3)9,27/=B"3)-/B:
R/,"%.*/=2,".(1","#/.1"=8/,*")J1"&,--%,8,2.1"%,%"#<#&9.2,"#/,".6"*-)6:"Q"$)6"3#&"#/."/,*)G
F,2.")J"%,?+=B"/#971","#+/,?+'"#/,"=*.+)2,"*+,2."+,?)"-*#B"-$,&=B">,>=5%=1"%#$#&,0"=?)
(/#<#1"(/#<#"2)$"/)"*'32'*,2,"/,"3#*)&6/#-$71"."-,(#<#"(#&-%#<#"D,&0"-"%#&#/#4"/,"<#2#*):
R/."3&#-$.&,2."%"/)4"&=%.1"/#"/)"-()2."3#+32'*,$7"%"8)(2)"$,%">2.8%#1"%,%")J"-J-$&':
M)/7"#$#"+/0"3&./D"*-J"-.27/))"3&.*08'*,2-0"%"&=-,2#9%)1"/#"2B>.2")J"$#27%#"%,%
2B>0$"(.2'61"3#-2=5/'6"+)$)41"C"-+)2,$7")J"-*#)4"?)/#4"."%#&#2)*#4")(="."*"<#2#*="/)"3&.G
6#+.2#:"^"*)+7")4"/)#>6#+.(#">'2#"-$,$7")<#"?)/#B1"./,9)"#/,"/)"(#<2,"#>&)-$.">)--()&$G
/=B"+=5=P".")-2.">'"#/"?)/.2-0"/,"+&=<#41"&=-,2#9%,"3&)*&,$.2,-7">'"*"(#&-%=B"3)/=:
WA'"2B>.57"()/0">#275)"*-)6"/,"-*)$)1"3&,*+,eX"C"%,8,2#-71"-3&,5.*,2."<2,8,"&=-,G
2#9%."*"$#"*&)(01"%,%"3&./D"#>/.(,2")J"."D)2#*,2"*"3&)%&,-/'4"2#>:
C"M,1"$'"(/)"+#&#?)"*-)6@"C"<#*#&.2"3&./D:"C"f"$)>0"-,(#)"+#>&#)"-)&+D)"/,"-*)$)1
$'"3&)+,/,"(/)1"%,%"/.%$#1"."$'"3#6#?,"/,"(#2#+=B"+)*=5%=1"%#$#&=B"0"*.+)2"&,8".1"*)&/#1
>#275)"/)"=*.?=:"R+/,?+'"0"32'2"/,"%#&,>2)1","%#&,>27"&,8>.2-01"."*#2/'"*'>&#-.2."()/0
/,">)&)<"*>2.8."+.*/#<#"6&,(,1"*"%#$#&#("(#2#+')"+)*=5%."-2=?,$"U#<=:"I2,+5,0".8"/.6
/,52,"()/0"/,">)&)<="."-3,-2,"(/)"?.8/7:"_"*.+)2")J"*-)<#"+*,"&,8,1"/#"2.57")J"#+/="*"D)2#(
(.&)"(#<">'"0"3#2B>.$7@"R+/,%#"$'"3#6#?,"/,"/)J"."3#9$."*'$)-/.2,".8"(#)<#"-)&+D,")J
#>&,8:"R/,"3&./,+2)?.$"-*0$#(="6&,(=1"."*#$"(#0"-9,-$2.*,0"8*)8+,"3#-2,2,"(/)"$)>0P"/.%#G
<+,"0"/)"&,--$,/=-7"-"$#>#4:
hh
!""#$%&'(&$!"")*+(,-./0,1
Wf*'@"R/"/)"8/,)$1"9$#"E$#"0"-3,-2,")(="?.8/7@"C"+=(,2,"&=-,2#9%,:"C"_"*'/)-2,")<#
.8"*#2/"(#&-%.6"/,">)&)<"."3#2#?.2,"*"2)-=1">2.8"6&,(,1","-,(,"-%&'2,-7"*"(#&-%#4"3)/)
."-(#$&)2,1"/)"3&.+J$"2."%$#G/.>=+7"%"/)(="/,"3#(#F7:"_"*.+)2,"E$="%&,-,*.D="+)*=5%=1
%#$#&=B"#/"2B>.$">#275)1"9)("()/0@"C"K"&=-,2#9%,"<2=>#%#1"<2=>#%#"*8+'6,2,"C"32,%,$7
#/,"/)"(#<2,:"C";#"$,"+)*=5%,"3&./,+2)?.$"6&,(=1"-%,8,2"#/1"#/,"/)"*)&/J$-0"*"(.&1"."#/.
/.%#<+,"/)"*-$&)$0$-0@"^"0"*-J"*&)(0"&0+#("-"/.(1"*.?=")<#"%,?+'4"+)/71"(#<="8,"/.("=6,G
?.*,$71"2B>.$7")<#1"#$+,$7"8,"/)<#"?.8/7@X
;#" *#$" -$,2." 3#<#*,&.*,$71" 9$#" 3&./D" -#>.&,)$-0" ?)/.$7-0" /," %&,-,*.D)" C" +#9)&.
-*#)<#"-#-)+,1"%#&#201"."3#$#(="-/,&0?,)$"*"32,*,/.)"-*#4"*)2.%#2)3/'4"%#&,>27:"O&./D
3#)+)$"%"-#-)+="%,%">=+$#"8,$)(1"9$#>'"#8/,%#(.$7-0"-")<#"-$&,/#41","/,"-,(#("+)2)1"9$#>'
=*.+)$7")<#"+#97P"-"/.(">=+)$">#275,0"-*.$,:"Q2=5,0"E$."&)9.1"&=-,2#9%,"$#27%#"3#%,9.*,2,
<#2#*#4"."-()02,-7L"%$#G%$#1","#/,"2=95)"*-)6"8/,)$"('-2."3&./D,@
C" _" +#2?)/" )6,$7@" C" <#*#&.2" #/" )4:" C" I/)" /,+#" 3#8/,%#(.$7-0" -" 3&)%&,-/#4" 3&./G
D)--#41"E$#<#"$&)>=B$"(#."&#+.$)2.1"/#"#/."/)"-$,/=$"3&./=?+,$7"()/0"?)/.$7-0"/,"/)41
,"0"/.%#<+,")J"/)"3#2B>2B@"R/,"*)+7"/)"3#6#?,"/,"$="%&,-,*.D=1"%#$#&=B"(/)"$,%"/,3#(.G
/,)57"$':"Z-2."?)"(/)"/,%#/)D"3&.+J$-0".8>&,$7"-)>)"/)*)-$=1"0"-%#&))"*-)<#"*'>)&="$)>01
(#4"/)(#4"/,4+J/'5"-"<#*#&0F.(."<2,8,(.@
K"#/"D)2#*,2")J"*",2')"<=>'1".<&,2")J"+2.//'(."*#2#-,(."."3&.?.(,2"<#2#*="%")J
-)&+D=1"%#$#&#)"$,%"?,?+,2#"9)2#*)9)-%#<#"-9,-$70".">)--()&$/#4"+=5.:
C"A'"*)+7"/)">#.57-0"(#&01"(#0"/)(,0"%&#5%,e"C"<#*#&.2"#/1"%#<+,"#/."=?)"3&.>'2.
/,"*)2.%#2)3/'4"%#&,>271"%#$#&'4"+#2?)/">'2"#$*)8$.".6"*"-#-)+/))"%#&#2)*-$*#:
K"3&./D"&,--%,8'*,2")4"#"(#&-%.6"5$#&(,6"."#"5$.2)1"#"+.%#*.//'6"&'>,61"9$#"?.*=$
*"<2=>./)"(#&01"."9=+)-,61"%#$#&')"*.+0$"*#+#2,8':";#"&=-,2#9%,"$#27%#"=2'>,2,-71"-2=5,0
)<#"&,--%,8'1"C"#/,G$#"2=95)"*-)6"8/,2,1"%,%#)"#/#1"+/#"(#&-%#):
R+/,?+'"*"0-/=B"2=//=B"/#971"%#<+,"*-)1"%&#()"&=2)*#<#1"-3,2.1"#/,"-)2,"="-,(#<#
>#&$,"."-$,2,"-(#$&)$7"*"3&#8&,9/')"*#2/':"K"*#$")4"3#%,8,2#-71"9$#"#/,"*.+.$"#$D#*-%.4
+*#&)D"."-*#B"-$,&=B">,>=5%=1"%#$#&,0"-$#.$"/,"*'5%)1"*"-)&)>&0/#4"%#&#/)1"."-(#$&.$
-%*#87"*#2/=BF=B-0"*#+="/,"%.27"%#&,>20:"!-%#&)"/,"3#*)&6/#-$7"(#&0"*-32'2."-J-$&'
&=-,2#9%.P"#/."3)9,27/#"-(#$&)2."/,"/)J"."2#(,2."-*#.">)2')"&=%.1","#/,1"%.*/=*".("<#2#G
*#41"=2'>/=2,-7"."6#$)2,">'2#"&,--%,8,$7"#"$#(1"%,%")4"8+)-7"6#&#5#1"/#"*"E$#"*&)(0"%"/)4
3#+#5J2"%#&,>)27/'4"B/<,1"."-J-$&'"/'&/=2."*"*#+=1","B/<,"3#+=(,21"9$#"E$#">)2,0"(#&-%,0
3)/,"()27%/=2,"*"*#2/,6:
;,=$&#"%#&,>27"*#5J2"*"<,*,/7"*)2.%#2)3/#4"-$#2.D'"-#-)+/)<#"<#-=+,&-$*,:"K"*#$
*"<#&#+)"8,8*#/.2."%#2#%#2,1"-"*'-#%.6">,5)/"8,$&=>.2."*"$&=>'1","/,"32#F,+06"*'-$&#.G
2.-7"3#2%."-#2+,$"-">2)-$0F.(."5$'%,(."."&)BF.(."8/,(J/,(.:";,9,2.-7"3&,8+/)-$*,1
>,2"-2)+#*,2"8,">,2#(1"/#"3&./D)--'"*"-$#2.D)")FJ"/)">'2#1"C"#/,"*#-3.$'*,2,-7"<+)G$#
*"+,2J%#("(#/,-$'&)1"%=+,")J"#$+,2.1"9$#>'"#/,"/,=9.2,-7"*-)("%#&#2)*-%.("+#>&#+)$)20(:
;,%#/)D"3&.>'2,"."#/,:
N=-,2#9%,"?,+/#"-(#$&)2,"/,"/)J"."+#2?/,">'2,"-#8/,$7-01"9$#")FJ"/)"*.+)2,">#2))
%&,-.*#<#"."(.2#<#"2.D,:"Y#?,"="3&./D)--'">'2,"/)?/,01"3&#8&,9/,01",".8G3#+"+2.//'6
9J&/'6"&)-/.D"=2'>,2.-7"$J(/#G-./.)"+#>&')"<2,8,:
C"H$#"$'@"C"*#-%2.%/=2"3&./D:"C"H$#"$'"-3,-2,"(/)"?.8/71"%#<+,"0"3#2=(J&$*'4"2)?,2
/,">)&)<="(#&0@
K"#/"%&)3%#"3&.?,2"%"-)&+D="-*#B"8,&=(0/.*5=B-0"/)*)-$=:
C"Y,%"0"-9,-$2.*@"C"-%,8,2"#/"&=-,2#9%):"C"Q>'2#-7"$#1"#"9J("0"."()9$,$7"/)"-()2@"A'
3#&,+=)57-0"(#)(="-9,-$7B1"C"*)+7"/.%$#"$,%"/)"2B>.$"()/01"%,%"$'@
N=-,2#9%,"3#D)2#*,2,")(="&=%=1".")4"3#%,8,2#-71"9$#"-)&+D)")J"=?)"&,8&'*,)$-01","-*,G
+7>,"3&./D,"+#2?/,">'2,")J"=>.$7"."3&)*&,$.$7"*"(#&-%=B"3)/=@
hj
!""#$%&'(&$!"")*+(,-./0,1
k)&%#*/')" %#2#%#2," 8*#/.2.1" 3#" =2.D,(" &,8l)8?,2." <)&#27+'1" #3#*)F,0" /,&#+
#"3#(#2*%)"3&./D)--':";,"*-)6",2$,&06"*"+&,<#D)//'6"-)&)>&0/'6"2,(3,+,6"<#&)2#",&#(,$G
/#)"(,-2#:"Q*0F)//.%."%,+.2."2,+,/#(:"b)/.6"-"/)*)-$#4"3#+,2."+&=<"+&=<="&=%."."3#2=G
9.2.">2,<#-2#*)/.)")3.-%#3,:"N=-,2#9%,"-$#02,"&,8#+)$,0"*"5J2%"."8#2#$#1"+)&?,"*"&=%,6
52)4T"/)*)-$'1"/#"=5.")J"/)"-2'5,2."8*=%#*"3&,8+/.9/#4"(=8'%.1"<2,8,"/)"*.+)2.1"%,%
-#*)&5,)$-0"#>&0+"*)/9,/.01"C"#/,"+=(,2,"#"-*#J("-()&$/#("9,-)"."#"$#(1"9$#"#/,"$)&02,
-"?.8/7B:
;#*#>&,9/')"+#2?/'">'2."#$32'$7"/,"&#+./="3&./D,"*"$#$"?)"*)9)&:"O=5%."3,2.2.1
T2,<."&,8*)*,2.-71"/,"3,2=>)"%#&,>20">'2"&,-%./=$"&#-%#5/'4"5,$J&".8"8#2#$,"."3=&3=&,1
*)-7"=-$2,//'4"(0<%.(."3#+=5%,(.:"A=$1"*"5,$&)1"+#2?/'">'2."/#*#>&,9/')"3&#*)-$."E$=
3&#62,+/=B" $.6=B" /#97:" ;#" *#$" *)$)&" /,+=2" 3,&=-,1" %#&,>27" 2)<%#" -%#278/=2" 3#" *#2/,(
."3#(9,2-0"*3)&J+"3#"-*)$2#(="(#&B:
Y,%"$#27%#"-()&%2#-71"/,"%#&,>2)"8,?<2#-7"(/#?)-$*#"&,8/#D*)$/'6"T#/,&.%#*1","(,$G
&#-'"3=-$.2.-7"*"320-"3#"3,2=>):"N=-,2#9%,"*-3#(/.2,1"%,%"#/,"*3)&*')"*-32'2,"/,"3#*)&6G
/#-$7"(#&0"."=*.+)2,"$,%#)"?)"*)2.%#2)3.)"."*)-)27):"K"*#$"#/,"*-3#&6/=2,"."3#/)-2,-7
*">'-$&#("*#8+=5/#("$,/D)1"$#9/#"2,-$#9%,1"3&)-2)+=)(,0"*&,<#(:"!-)"*'&,?,2.")4"-*#J
*#-6.F)/.)L" /.%#<+," )FJ" /)" $,/D)*,2," #/," $,%" 9=+)-/#@" ZJ" /)?/')" /#?%." &)8,2#1" %,%
/#?,(.1"/#"E$#4">#2."#/,"/)"9=*-$*#*,2,1"C"*)+7"-)&+D=")J">'2#")FJ">#27/))L"#/,"8/,2,1
9$#"*"3#-2)+/.4"&,8"*.+.$"E$#<#"9)2#*)%,1"&,+."%#$#&#<#"#-$,*.2,"&#+/'6"."#$D#*-%.4"+#(1
#$+,2,"-*#4"3&)2)-$/'4"<#2#-".")?)+/)*/#"$)&3)2,"/)*'/#-.(')"(=9)/.01"#"%#$#&'6"#/
."/)"3#+#8&)*,2:"O#-2)+/BB"/#97"+'5,2,"#/,"#+/.("*#8+=6#("-"/.(1"*.+)2,"-./))"(#&)
."8*J8+/#)"/)>#1"8/,01"9$#"-%#&#"/,-$=3.$"+20"/)J"*)9/,0"/#971">)8"('-2)41">)8"-/#*.+)/.4:
f"&=-,2#9%."*)+7"/)">'2#"+=5."."#>&)-$.")J"/)"=+,2#-7:"M,2)%#"8,"3#2/#97"52#"/,"%#&,>2)
*)-)27)" ." 8*=9,2," (=8'%,1" ," &=-,2#9%," -()02,-7" ." 320-,2," -" ('-27B" #" -()&$." *" -)&+D):
O&./D"*"E$#"*&)(0"D)2#*,2"%&,-,*.D="?)/=1","#/,".<&,2,")<#"9J&/'(."%=+&0(.:"N=%,"#>"&=%=
=+,2.2.-7"#/."/,"3#%#4"*"-*#4"*)2.%#2)3/'4"5,$J&:
;," %#&,>2)" *#D,&.2,-7" $.5./,1" #+./" 2.57" &=2)*#4" >#+&-$*#*,2" =" &=20:" N=-,2#9%,
#3)&2,-7"-*#.(.">)2'(."&=%,(."#">#&$".1"3#*)&/=*5.-7"2.D#("%"*#-$#%=1"-$,2,"?+,$7"3)&G
*#<#"2=9,"-#2/D,1"%#$#&'41"%,%"#/,"8/,2,1"+#2?)/">'2")J"=>.$7:"K"*+&=<"#/,"=*.+)2,1"%,%
.8"(#&0"3#+/02.-7")J"-J-$&'P"#/.">'2.">2)+/'1"%,%"."#/,1"/#".6"+2.//')"3&)%&,-/')"*#2#-'
/)"&,8*)*,2.-7">#275)"3#"*)$&="C"#/.">'2."#-$&.?)/':
C"I'"#$+,2."/,5."*#2#-'"*)+7()1"9$#>'"#/,"3#(#<2,"/,(".8>,*.$7"$)>0"#$"-()&$.:
^"#/,"+,2,"/,("*#$"E$#$"/#?1"C"*.+.571"%,%#4"#/"#-$&'4e"O&)?+)"9)("*8#4+J$"-#2/D)1"$'
+#2?/,"*#/8.$7")<#"*"-)&+D)"3&./D,1"."%#<+,"$J32,0"%&#*7")<#">&'8/)$"$)>)"/,"/#<.1"#/.
-&,-$=$-0"*"&'>.4"6*#-$1"."$'"#30$7"-$,/)57"&=-,2%#41"3#<&=8.57-0"*"&#+/#)"(#&)"."3&)*&,G
$.57-0"*"-#2J/=B"(#&-%=B"3)/="/)"&,/75)1"9)("3&#?.*J57"-*#."$&.-$,"2)$:";#"-3)5.@"K2.
#/1".2."$'"C"%$#G/.>=+7".8"*,-"+#2?)/"=()&)$7"+#"*#-6#+,"-#2/D,@";,5,"-$,&,0">,>=5%,"$,%
3)9,2.$-01"9$#"#$"<#&0"3#$)&02,"*-)"-*#."-)+')"*#2#-'1","/,5."*#2#-'"-&)8,/'"/#?/.D,(.
*)+7(':"f>)4"3&./D,"."*)&/.-7"%"/,(@"Q3)5.@"!.+.571"/,"/)>)"3#%,8,2,-7",2,0"3#2#-,:
Q%#&#"*8#4+J$"-#2/D)1"."$'"=(&J57@
K"#/."<2=>#%#G<2=>#%#"*8+#6/=2."."3#<&=8.2.-7"*"(#&):
O&.3#+/0*"3=&3=&#*=B"3#2="5,$&,1"&=-,2#9%,"=*.+)2,1"9$#"<#2#*%,"3&)2)-$/#4"/#*#G
>&,9/#4"3#%#.$-0"/,"<&=+."3&./D,:"N=-,2#9%,"/,%2#/.2,-71"3#D)2#*,2,")<#"*"3&)%&,-/'4
2#>"."3#-(#$&)2,"/,"/)>#L"$,("&,8<#&,2,-7"=$&)//00"8,&0:"O#$#("#/,"*8<20/=2,"/,"#-$&'4
/#?"."#30$7"=-$&)(.2,"*8#&"/,"3&./D,1","$#$"*"E$#"*&)(0"3&#.8/J-"*#"-/)".(0"-*#)4"(#2#+#4
?)/'L"8/,9.$1"#/,"#+/,">'2,"="/)<#"*"('-206@"K"/#?"+&#</=2"*"&=%,6"&=-,2#9%.:";#"3&#G
()27%/=2#")FJ"(</#*)/.)1"."#/,">&#-.2,"/#?"*"*#2/'1"%#$#&')"3#%&,-/)2."*"$#("()-$)1
<+)"#/"=3,2:"ZFJ"&,8"3#-(#$&)2,"#/,"/,"3&./D,"3#2==<,-5.("*8#&#(1">&#-.2,-7"-"%#&,>20
*"(#&)"."3#9=*-$*#*,2,1"%,%"$)2#")J"&,-32'*,)$-0"3)/#4:
h
!""#$%&'(&$!"")*+(,-./0,1
;,+"(#&)("3#+/02#-7"-#2/D):"m=9.")<#"2B>#*/#"-#<&)*,2."()&$*)//#G6#2#+/=B"(#&G
-%=B"3)/=1"."&=-,2#9%,"/)"9=*-$*#*,2,1"9$#"=(.&,)$:"R/,"*.+)2,"0-/#)"-#2/D)"."%,%.)G$#
3&#8&,9/')1"*#25)>/')"-#8+,/.01"*#"(/#?)-$*)"&)0*5.)"/,+"/)4P"-%*#87"/.6"#/,"*.+)2,
>)2')"3,&=-,"%#&,>20".",2')"#>2,%,"*"/)>):"c#2#-"3&.8&,%#*"8*=9,21"%,%"(=8'%,1"/#"(=8'%,
-$#27"*#8*'5)//,01"9$#"2B+."/)"(#<2.">'")J"&,--2'5,$71"%,%"/)"(#<2.">'"=*.+)$7"."E$.6
>)-3)9/'6"-=F)-$*:"f"/.6"/)">'2#"%&'27)*1"/#"#/."32,*,2."*"*#8+=6)1"/)*)-#(')"."3&#G
8&,9/'):"K"*#$"&=-,2#9%,"3#9=*-$*#*,2,1"9$#"."-,(,"-$,/#*.$-0"3#6#?)4"/,"/.6"."*-J">#275)
.">#275)"#$+)20)$-0"#$"(#&-%#4"3)/':
C"Y=+,"0".+=e"C"-3&#-.2,"#/,1"3#+/.(,0-7"*"*#8+=6P"."<#2#-")J"3&#8*=9,2"$,%"+.*/#
."#+=6#$*#&J//#1"9$#"8)(/,0"(=8'%,"/)"-(#<2,">'"3)&)+,$7"E$.6"8*=%#*:
C"Y"+#9)&0("*#8+=6,@"C"#$*)$.2.")4"*#8+=5/')"-#8+,/.0:"C"f"&=-,2%."/)$">)--()&$G
/#4"+=5.1"."#>&)-$.")J"#/,"(#?)$"$#27%#1")-2.")J"3#2B>.$"9)2#*)%:"ZJ"*)9/#)"-=F)-$*#G
*,/.)"8,*.-.$"#$"9=?#4"*#2.:"f"+#9)&)4"*#8+=6,"$#?)"/)$">)--()&$/#4"+=5.1"/#"#/."-,(.
(#<=$"8,-2=?.$7")J"-)>)"+#>&'(."+)2,(.:"I'"3&.2)$,)("*"?,&%.)"-$&,/'1"<+)"2B+."<.>G
/=$" #$" 8/#4/#<#1" 8,9=(2J//#<#" *#8+=6,1" ." /,*)*,)(" 3&#62,+=:" I'" &,-3&#-$&,/0)(" *" *#8G
+=6)">2,<#=6,/.)"D*)$#*"."3&./#-.("2B+0("#$&,+=".".-D)2)/.):"A&.-$,"2)$"('"3#-.27/#
+)2,)("+#>&#1","3#$#("3#2=9,)("*"/,<&,+=">)--()&$/=B"+=5="."*%=5,)("*)9/#)">2,?)/-$*#1
+#-$=3/#)"9)2#*)%=:"A'1">)+/,0"&=-,2#9%,1"*-)("-)&+D)("-$&)(.2,-7"%"$#(="?)1"$'"2B>.2,
."-$&,+,2,1"C"3#+/.(.-7"?)"*()-$)"-"/,(."*"8,#>2,9/'4"(.&:"A)3)&7"$'"-,(,"(#?)57"8,-2=G
?.$7">)--()&$/=B"+=5="+#>&'(."+)2,(."."#>&)$J57")J"9)&)8"$&.-$,"2)$@
K"&=-,2#9%,"3&#$0/=2,"-*#."3&#8&,9/')"&=%."%"-#2/D=1"."*3)&*')"/,"<2,8,6")J"3#%,G
8,2.-7"-2J8':
;,"%#&,>2)"*"E$#"*&)(0"*-J"#30$7"3&.52#"*"+*.?)/.)1"."&=-,2#9%,"=*.+)2,1"%,%".F=$
)J"/#*#>&,9/'):"O)9,27/#"-(#$&)2."#/."/,"*#2/=BF=B-0"(#&-%=B"3)/=1"-2#*/#"8/,01"9$#
&=-,2#9%,">&#-.2,-7"*"*#2/':";)*.+.(#"3#D)2#*,2,"&=-,2#9%,"/#*#>&,9/=B"*"2#>1"=2'>G
/=2,-7"3&./D="."*()-$)"-"+&=<.(."+#9)&7(."*#8+=6,"3#+/02,-7"%"&#8#*'("#>2,%,(1"32,*,*G
5.("*"/)>):
C"\)&)8"$&.-$,"2)$"('"*#$"$,%"?)"3#+/.()(-0"*">#?7)"D,&-$*#@
C"I#?)$">'$71"."&,/75)@"C"3&#5)3$,2,"#+/,".8"+#9)&)4"*#8+=6,:"C";)*.+.(%,(."*2)G
$,)("('"*"?.2.F,"2B+)41"<+)")-$7"+)$.1".")-2."/,6#+.("$,("+#>&#)1"3#-2=5/#)"+.$01"%#$#G
&#)"&,+=)$"-*#.6"&#+.$)2)4"."+#-$#4/#".6"2B>*.1"$#"=2'>,)(-01"C"."-&#%"/,5)<#".-3'$,/.0
-#%&,F,)$-0:"N)>J/#%"/)"*.+.$"/,-1"%#<+,"('"*2)$,)("*"%#(/,$=1".")-2."('"&,+=)(-0"/,"/)<#
."=2'>,)(-01"C".8"/,5)<#"$&J6-#$2)$/)<#"-&#%,"*'9.$,)$-0"<#+:"Z-2."?)"('"*-$&)9,)("82#<#1
/)3#-2=5/#<#"&)>J/%,1"('"<#&7%#"32,9)(1"C"."%,?+,0"-2)8,"3&.>,*20)$"2.5/.4"+)/7"%"+#2G
<#(="-&#%="/,5)<#".-3'$,/.0:
hV