675,,4>?4!4A+-<-!.+<7+>!e)?8<-G)L-!IO8>4!8:!=;8A+95,!(4E4,8=94><J/!!
!
K:!5!675,,4>?4!+-!<88!45-)!5!-<'(4><!.+,,!@46894!@8;4( F!.7+67!,45(-!<8!-<;4--F!
5>(!',<+95<4,)!(+-4>?5?494><!:;89!,45;>+>?/!!K:!5!675,,4>?4!+-!<88!(+::+6',<!5!
-<'(4><!.+,,!4A=4;+4>64!:;'-<;5<+8>!5>(!78=4,4-->4--F!.7+67F ! +:!- ' -<5 +> 4( !8 ;!
:;4X'4><F!5,-8!,45(-!<8!4A64--+E4!-<;4--/!!!T8.4E4;F!.74>!:56+>?!5>!567+4E5@,4!
675,,4>?4!<75<!+-!W'-<!.+<7+>!<74+;!;4567F!-<'(4><-!5E8+(!<74!(4<;+94><5,!-<5<4-!
8:!-<;4--F!5>(!<74!59)?(5,5!+-!5@,4!<8!=5--!+>:8;95<+8>!<8!5>(!:;89!<74!
=;4:;8><5,!68;<4A/!!!
!
G471%U+?)%!47+))%50%,!=&%U%5/!,/&%,,!?I!+U#19150!?#&%9#-!+59!
'&(,/&+/1#5^!!S>4!.5)!8:!74,=+>?!-<'(4><-!<8!(4E4,8=!5!?;8.<7!9+>(-4<!+-!<8!
=;8E+(4!<749!.+<7!567+4E5@,4!675,,4>?4-!5>(!5,4;<!<749!<8!<74+;!=;8?;4--/!!
!
G471%U+?)%!47+))%50%!)#$%&,!,/&%,,!?I!&%9(4150!?#&%9#-!+59!'&(,/&+/1#5!
+59!-#/1U+/150!=%&,%U%&+54%!+59!%''#&/K!
!
N<'(4><-!5;4!98-<!98<+E5<4(!@)!<74!'S;'.3,3#*&!8:!5!(8=59+>4!;4.5;(!.74>!
<74)!,45;>!5<!<74+;!+>(+E+('5,+O4(!,4E4,-!8:!567+4E5@,4!675,,4>?4/!\;8E+(+>?!
-<'(4><-!.+<7!567+4E5@,4!675,,4>?4-!;4('64-!<74!;456<+E4!-<5<4-!;4-',<+>?!:;89!
<74!-<;4--!8:!@8;4(89!8;!:;'-<;5<+8>!5>(!=;898<4-!<74!+><;+>-+6!98<+E5 <+8 >!8 :!
<74!E+(48!?594!/*5'$/!
!
K>!<74!+(45,!E+(48!?594!/*5'$!5,,!-<'(4><-!.8',(!@4!,45;>+>?!+>!<74+;!=4;-8>5,!
O8>4!8:!567+4E5@,4!675,,4>?4!5<!5,,!<+94-/!P;4X'4><!5>(!8>?8+>?!5--4--9 4><-!
.8',(!?'+(4!<74!-4<<+>?!5>(!;4-4<<+>?!8:!+>-<;'6<+8>!5>(!-G+,,!=;56<+64!
<7;8'?78'<!,45;>+>?!.+<7!<74!+>(+E+('5,!-'==8;<!>44(4( !<8!-'-<5+>!<74!
-<'(4><L-!4::8;<-!<8!8E4;6894!-4<@56G-!5>(!8@-<56,4-/!!!
!
1,<78'?7!<7+-!+>(+E+('5,+O5<+8>!+-!>8<!=8--+@,4!:8;!5,,!-<'(4><-F!8=<+8>-!.+,,!
+>6;45-4!5-!<467>8,8?)!=;8E+(4-!;4-8';64-!:8;!8>,+>4!,45;>+>?!I?594-JF!
,46<';4-!M:,+==4(!6,5--;889HF!5>(!4>;+6794 ><!8== 8;<'> +<+4-!:8;!-<'(4><-!
5,;45()!5<!95-<4;)/!*7+,4!-894!-<'(4><-!@'+,(!@5-+6!95<7!:56<-!.+<7+>!<74+;!
=4;-8>5,!O8>4!8:!567+4E5@,4!675,,4>?4!.+<7!.4,,U(4-+?>4(F!+><4;56<+E4!8>,+>4!
,45;>+>?!=;8?;59-F!<74+;!<45674;!65>!?'+(4!8<74;-!8>!+>X'+;)!=;8W46<-!5>(!
68,,5@8;5<+8>-/!!
!
!