Capítulo IV de El Capital. Carlos Marx.

!"##$%&'!"()&*+
,-'./-0!12/3-4520'67,'6507/2'70'4-85.-,
!"#$%&'()$*
4232'!7'420957/.7'7,'6507/2'70'4-85.-,
!"#$%#&'()*+%#,-.-(%+#/-+#0%123%+
,+' #$:#);+#$%&' *"' <":#+&#=+>' ">' ";' ?)&@A' *"' +::+&B)"' *";' #+?$@+;C' ,+' ?:A*)##$%&' *"' <":#+&#=+>' D' >)
#$:#);+#$%&'*">+::A;;+*+E'A'>"+E'";'+,-./+0,1)FA:<+&';+>'2/.-0343)50367/0+43)"&'B)"'>):("'";'#+?$@+;C',+
G$A(:+F=+'<A*":&+'*";'#+?$@+;'#A<$"&H+'"&'";'>$(;A'I95E'#A&'";'#A<":#$A'D'";'<":#+*A'<)&*$+;">C
!$' ?:">#$&*$<A>' *";' #A&@"&$*A' <+@":$+;' *"' ;+' #$:#);+#$%&' *"' <":#+&#=+>E' *";' $&@":#+<G$A' *"' *$J":>A>
J+;A:">'*"')>AE'D'&A>';$<$@+<A>'+'+&+;$H+:';+>'FA:<+>'"#A&%<$#+>'B)"'">@"'?:A#">A'"&("&*:+E'J":"<A>
B)"'>)':">);@+*A'F$&+;'">'.8)90:./,;)8)">'G$"&K'">@"':">);@+*A'F$&+;'*"';+'#$:#);+#$%&'*"'<":#+&#=+>'">';+
<,/-4)0:0+048).:)=>.)3.)2/.3.:64).8)+420648;
L$>@%:$#+<"&@"E'";'#+?$@+;'"<?$"H+'"&F:"&@M&*A>"'"&'@A*+>'?+:@">'#A&';+'?:A?$"*+*'$&<)"G;"'"&'FA:<+
*"' *$&":AE' G+NA' ;+' FA:<+' *"' 246/0-,:0,?90:./,1) *"' #+?$@+;' #A<":#$+;' D' *"' #+?$@+;' )>):+:$ACO' !$&
"<G+:(AE' &A' P+#"' F+;@+' :"<A&@+:>"' +' ;+' P$>@A:$+' *"' ;A>' A:=("&">' *";' #+?$@+;' ?+:+' "&#A&@:+:>"' #A&' ";
*$&":A' #A<A' >)' FA:<+' A' <+&$F">@+#$%&' $&$#$+;C' 7>@+' P$>@A:$+' >"' :"?$@"' *$+:$+<"&@"' +&@"' &)">@:A>' ANA>C
.A*A'#+?$@+;'&)"JA'#A<$"&H+'?$>+&*A';+'">#"&+E'">'*"#$:E'";'<":#+*AE'>"+'";'<":#+*A'*"'<":#+&#=+>E'";
*"'@:+G+NA'A'";'*"'*$&":AE'G+NA';+'FA:<+'*"'*$&":AE'*$&":A'B)"E'+'@:+JQ>'*"'*"@":<$&+*A>'?:A#">A>E'@$"&*"
+'#A&J":@$:>"'"&'#+?$@+;C
7;'*$&":A'#A&>$*":+*A'#A<A'*$&":A'D'";'*$&":A'#A&>$*":+*A'#A<A'#+?$@+;'&A'>"'*$>@$&()"&E'*"'<A<"&@AE
<M>'B)"'?A:'>)'*$J":>+'FA:<+'*"'#$:#);+#$%&C
,+'FA:<+'*$:"#@+'*"';+'#$:#);+#$%&'*"'<":#+&#=+>'">'@)?)A)?)@1)A'>"+E'@:+&>FA:<+#$%&'*"';+'<":#+&#=+
"&'*$&":A'D'*"'Q>@"'&)"J+<"&@"'"&'<":#+&#=+R'B.:9./)24/4)+,-2/4/;)8":AE'+;';+*A'*"'">@+'FA:<+E'&A>
"&#A&@:+<A>'#A&'A@:+E'">?"#=F$#+<"&@"'*$>@$&@+'*"'";;+E'#A&';+'FA:<+'A)?)@)?)A1),)>"+E'@:+&>FA:<+#$%&
*";'*$&":A'"&'<":#+&#=+'D'*"'Q>@+'&)"J+<"&@"'"&'*$&":AR'+,-2/4/)24/4)B.:9./;
7;'*$&":A'B)"'($:+'#A&'+::"(;A'+'">@+'FA:<+'*"'#$:#);+#$%&'">'";'B)"'>"'@:+&>FA:<+'"&'#+?$@+;E'88.C4)4)3./
#+?$@+;'D';A'.3)D+'?A:'>)'*">@$&AC
7S+<$&"<A>' <M>' *"' #":#+' ;+' #$:#);+#$%&' A) ?) @) ?) A;) 7>@"' #$#;A' :"#A::"E' +;' $()+;' B)"' ;+' #$:#);+#$%&
>$<?;"' *"' <":#+&#=+>E' *A>' F+>">' #A&@:+?)">@+>C' 7&' ;+' ?:$<":+' F+>"E' A) ?) @) ,) +,-2/4E' ";' *$&":A' >"
#A&J$":@"'"&'<":#+&#=+C'7&';+'>"()&*+'F+>"E'@)?)A),)B.:641);+'<":#+&#=+'>"'#A&J$":@"'&)"J+<"&@"'"&
*$&":AC'8":A'+<G+>'F+>">E')&$*+>E'FA:<+&'";'2/,+.3,)6,6481)"&'";'B)"'>"'#+<G$+'*$&":A'?A:'<":#+&#=+'D
">@+' -03-4) <":#+&#=+' &)"J+<"&@"' ?A:' *$&":AR' A' ;A' B)"' ">' ;A' <$><AE' "&' ";' B)"' >"' #A<?:+' )&+
<":#+&#=+'?+:+'J"&*":;+E'AE'>$'B)":"<A>'?+>+:'?A:'+;@A';+>'*$F":"&#$+>'FA:<+;">'*"'#A<?:+'D'J"&@+E'"&
";' B)"' >"' #A<?:+&' <":#+&#=+>' #A&' *$&":A' D' *$&":A' #A&' <":#+&#=+>CT' 7;' :">);@+*A' "&' B)"' *">"<GA#+
@A*A'">@"'?:A#">A'">'";'0:6./+4-D0,)9.)90:./,)2,/)90:./,1)A?A;)!=)#A<?:A'TEUUU';$G:+>'*"'+;(A*%&'?A:
OUU' ;$G:+>' ">@":;$&+>' D' ;+>' J)";JA' +' J"&*":' ?A:' OOUE' &A' P+G:Q' P"#PAE' "&' V;@$<A' :">);@+*AE' <M>' B)"
#+<G$+:'OUU'?A:'OOU';$G:+>'">@":;$&+>E'">'*"#$:E'*$&":A'?A:'*$&":AC
-PA:+'G$"&E'">'"J$*"&@"'B)"'";'?:A#">A'*"'#$:#);+#$%&'A)?)@)?)A):">);@+:=+'#+:"&@"'*"'@A*A'>"&@$*A'>$'>"
*$">"'">"':A*"A'?+:+'#+<G$+:'J+;A:">'$()+;">'"&'*$&":AE'B;'C/;)?+:+'#+<G$+:'OUU';$G:+>'">@":;$&+>'?A:'OUU
;$G:+>' ">@":;$&+>C' 3)#PA' <M>' >"&#$;;A' D' >"():A' ">' ";' <Q@A*A' *";' +@">A:+*A:E' B)"E' "&' J"H' *"' ;+&H+:' +;
?";$(:A' #$:#);+@A:$A' >)>' OUU' ;$G:+>' ">@":;$&+>E' ;+>' :"@$"&"' D' ;+>' ()+:*+C' 8A:' A@:+' ?+:@"' +)&B)"' ";
#A<":#$+&@"'J"&*+'?A:'OOU';$G:+>'">@":;$&+>'";'+;(A*%&'B)"'P+'#A<?:+*A'?A:#OUUE'A'>"'J"+'AG;$(+*A'+
J"&*":;A' ?A:' ;+>' <$><+>' OUU' ;$G:+>' ">@":;$&+>' D' +)&' ?A:' WUE' ;A' #$":@A' ">' B)"' >)' 90:./,) :"#A::"' )&
?:A#">A' #+:+#@":=>@$#A' D' A:$($&+;E' #A<?;"@+<"&@"' *$>@$&@A' *";' B)"' :"#A::"' "&' ;+' #$:#);+#$%&' >$<?;"' *"
<":#+&#=+>E'BC'C/;)"&'<+&A>'*";';+G:$"(A'B)"'J"&*"'@:$(A'?+:+'#A<?:+:'#A&'";'*$&":A'AG@"&$*A'?:"&*+>
*"'J">@$:C'8A:'@+&@AE';A'?:$<":A'B)"'@"&"<A>'B)"'P+#":'">'+&+;$H+:';+>'90<./.:+043)9.)<,/-4)B)"'<"*$+&
"&@:"';A>'#$#;A>'A)?)@)?)A))D)@)?)A)?@;)4A&'";;AE'>"'?A&*:M&'+';+'J"H'*"'<+&$F$">@A';+>'*$F":"&#$+>
<+@":$+;">'B)"'>"'">#A&*"&'*"@:M>'*"'">+'*$>@$&#$%&'*"'#+:M#@":'FA:<+;C
9"+<A>E'+&@"'@A*AE'B)Q'">';A'B)"'@$"&"&'*"'#A<V&'"&@:"'>='+<G+>'FA:<+>C
-<GA>'#$#;A>'>"'*">*AG;+&'"&';+>'<$><+>#*A>'F+>">'#A&@:+?)">@+>E'@)?)A1)J"&@+E'D'6'X'3E'#A<?:+C'7&
#+*+')&+'*"'">@+>'*A>'F+>">E'>"'"&F:"&@+&';A>'<$><A>'*A>'";"<"&@A>'<+@":$+;">E'<":#+&#=+'D'*$&":AE'D
*A>' ?":>A&+>' :"J">@$*+>' #A&' ;A>' <$><A>' ?+?";">' "#A&%<$#A>E' )&' #A<?:+*A:' D' )&' J"&*"*A:C' -<GA>
#$#;A>':"?:">"&@+&';+'>:0949)*"';+>'<$><+>'F+>">'#A&@:+?)">@+>E'D'"&'+<GA>'>"'A?":+'">@+')&$*+*'?A:';+
+#@)+#$%&' *"' @:">' #A&@:+@+&@">R' )&A' B)"' &A' P+#"' <M>' B)"' J"&*":E' A@:A' B)"' >"' ;$<$@+' +' #A<?:+:' D' )&
@":#":A'B)"'*">"<?"Y+'+;@":&+@$J+<"&@"';A>'?+?";">'*"'#A<?:+*A:'D'J"&*"*A:C
L+D'+;(AE'>$&'"<G+:(AE'B)"'*$>@$&()"'*">*"';)"(A'+<GA>'#$#;A>E'@;)?)A)?)@)E)A)?)@)?)A1)E).3).8),/9.:
0:B./3,).:)=>.)3.)9.34//,884:)843)<$><+>'F+>">'#A&@:+?)">@+>'*";'?:A#">A'*"'#$:#);+#$%&C',+'#$:#);+#$%&
>$<?;"' *"' <":#+&#=+>' #A<$"&H+' #A&' ;+' J"&@+' D' +#+G+' #A&' ;+' #A<?:+R' ;+' #$:#);+#$%&' *";' *$&":A' "&
F)&#$%&'*"'#+?$@+;'#A<$"&H+'#A&';+'#A<?:+'D'+#+G+'#A&';+'J"&@+C'-;;=E'";'?)&@A'*"'+::+&B)"'D';+'<"@+
F$&+;'*";'<AJ$<$"&@A'">';+'-./+4:+F4G)+B)=E'";'90:./,;)7&';+'?:$<":+'FA:<+'">'";'90:./,1)"&';+'>"()&*+E
84)-./+4:+F4E';A)B)"'>$:J"'*"'+("&@"'<"*$+*A:'*";'?:A#">A'@A@+;C
7&' ;+' #$:#);+#$%&' @) ?) A) ?) @1) ";' *$&":A' +#+G+' >$"<?:"' #A&J$:@$Q&*A>"' "&' )&+' <":#+&#=+E' "<?;"+*+
#A<A'J+;A:'*"')>AC'8A:'@+&@AE'+B)=E'";'*$&":A'>"'C4364)*"F$&$@$J+<"&@"C'7&'#+<G$AE'"&';+'FA:<+'A?)">@+E
A)?)@)?)A1)";'#A<?:+*A:'>%;A'*">"<GA;>+'*$&":A'?+:+'JA;J":'+'"<GA;>+:;A'#A<A'J"&*"*A:C'-;'#A<?:+:
;+'<":#+&#=+E';+&H+'+';+'#$:#);+#$%&'*$&":AE'?+:+'JA;J":'+':"@$:+:;A'*"'";;+'J"&*$"&*A';+'<":#+&#=+'B)"
#A<?:%C'!%;A'>"'*">?:"&*"'*";'*$&":A'#A&';+'$&@"&#$%&'?:"<"*$@+*+'*"'JA;J":'+'+?A*":+:>"'*"'Q;C'0A
P+#"E'?A:'@+&@AE'<M>'B)"'49.84:64/8,CZ
7&';+'FA:<+'3'?)A)?)@1);+'-03-4)20.H4)9.)90:./,)#+<G$+'*"'>$@$A'*A>'J"#">C'7;'J"&*"*A:';+':"#$G"'*"
<+&A>' *";' #A<?:+*A:E' ?+:+' "&@:"(+:;+' "&>"()$*+' +' A@:A' J"&*"*A:C' 7;' ?:A#">A' @A@+;E' B)"' #A<$"&H+
:"#$G$"&*A'*$&":A'?A:'<":#+&#=+E'@":<$&+'"&@:"(+&*A'?A:'<":#+&#=+'*$&":AC'-;':"JQ>'*"';A'B)"'A#)::"
"&';+'FA:<+'A)?)@)?)A;)-B)=E':,).3)84)-03-4)20.H4)9.)90:./,1)>$&A'84)-03-4)-./+4:+F4)84)B)"'#+<G$+
*A>'J"#">'*"'<+&AC'7;'#A<?:+*A:';+':"#$G"'*"'<+&A>'*";'J"&*"*A:E'?+:+'?A&":;+'"&>"()$*+'"&'<+&A>
*"'A@:A'#A<?:+*A:C'['+>='#A<A'"&';+'#$:#);+#$%&'>$<?;"'*"'<":#+&#=+>'48)+4-D04/)9,3)B.+.3)9.)3060,)84
-03-4)20.H4)9.)90:./,1)Q>@+'2434)9.<0:060B4-.:6.)9.)>:4)-4:,)4),6/41)+B)=E'48)+4-D04/)9,3)B.+.3)9.
3060,)84)-03-4)-./+4:+F41).8)90:./,)/.<8>E.)4)3>)2>:6,)9.)24/6094)0:0+048;
7;)/.<8>I,)*";'90:./,)4)3>)2>:6,)9.)24/6094)&A'*"?"&*"'*";'P"#PA'*"'B)"';+'<":#+&#=+'>"'J"&*+'<M>
#+:+' *"' ;A' B)"' >"' #A<?:%C' 7>@+' #$:#)&>@+&#$+' >%;A' $&F;)D"' "&' ;+' -4C:06>9) *"' ;+' >)<+' *"' *$&":A' B)"
:"F;)D"C'7;'F"&%<"&A'*";':"F;)NA'>"'?:A*)#"'@+&'?:A&@A'#A<A';+'<":#+&#=+'#A<?:+*+'J)";J"'+'J"&*":>"E
">'*"#$:E'@+&'?:A&@A'#A<A'>"'#$"::+'";'#$#;A'A)?)@)?)A;)7&@:"';+'#$:#);+#$%&'*";'90:./,)+,/:,)+420648)D
>))#$:#);+#$%&'#A<A'*$&":A'?):+'D'>$<?;"<"&@"E'<"*$+E'?)">E'#A<A'>"'J"E')&+'*$F":"&#$+'?":#"?@$G;"'+
@:+JQ>'*"';A>'>"&@$*A>C
7;'#$#;A'3'?)A)?)@)3.)/.+,//.).:)3>)6,6480949)64:)2/,:6,)+,-,);+'J"&@+'*"')&+'<":#+&#=+'+::AN+'*$&":A
D'Q>@"'">'+G>A:G$*A'?A:';+'#A<?:+'*"'A@:+'<":#+&#=+C'!$E'+'?">+:'*"'";;AE'";'*$&":A'+F;)D"'+'>)'?)&@A'*"
?+:@$*+E' ">' ?A:B)"' @A*A' ">"' ?:A#">A' >"' :"&)"J+' A' /.206.;) !$' J"&*A' )&' =>4/6./) *"' @:$(A' ?A:' Z' ;$G:+>
">@":;$&+>'D'#A&'">@+>#Z';$G:+>'">@":;$&+>'#A<?:A')&'@:+N"E'P+G:Q'$&J":@$*A'*"F$&$@$J+<"&@"E'"&';A'B)"'+
<='@A#+E'">@+'#+&@$*+*C'7>+>'Z';$G:+>'">@":;$&+>'D+'&A'@$"&"&'&+*+'B)"'J":'#A&<$(AC'L+&'?+>+*A'+'<+&A>
*";'>+>@:"C'!$'J"&*A')&'>"()&*A'=>4/6./)*"'@:$(AE'JA;J":M'+':"F;)$:'+'<$>'<+&A>'*$&":AE'?":A'&A'D+'"&
J$:@)*'*"';+'?:$<":+'@:+&>+##$%&E'>$&A'?A:'AG:+'*"'A@:+'*$>@$&@+C'['">@"'*$&":A'>"'+;"N+:M'&)"J+<"&@"'*"
<$'@+&'?:A&@A'#A<A'#$"::"';+'>"()&*+'@:+&>+##$%&'D'J)";J+'+'#A<?:+:C'8A:'@+&@AE'"&';+'#$:#);+#$%&'@)?
A)?)@1);+'$&J":>$%&'*";'*$&":A'&A'@$"&"'+G>A;)@+<"&@"'&+*+'B)"'J":'#A&'>)':"F;)NAC'7&'#+<G$AE'"&'";
#$#;A'A)?)@)?)A)";':"F;)NA'*";'*$&":A'">@M'*$:"#@+<"&@"'#A&*$#$A&+*A'?A:'";'#+:M#@":'*"'>)'$&J":>$%&C'6"
&A'?:A*)#$:>"'">@"':"F;)NAE';+'A?":+#$%&E'F:+#+>+'A'";'?:A#">A'>"'$&@"::)<?"'D'B)"*+'@:)&#+*AE'?A:'F+;@+
*"'>)'>"()&*+'F+>"E'A'>"+'*"';+'J"&@+'B)"'#A<?;"@+'D'#A:A&+';+'#A<?:+C
7;'#$#;A'3'?)A)?)@)+::+&#+'*";'?A;A'*"')&+'<":#+&#=+'D'>"'#$"::+'#A&'";'?A;A'*"'A@:+'<":#+&#=+E'B)"
>+;"' *"' ;+' #$:#);+#$%&' D' "&@:+' "&' ;+' %:G$@+' *";' #A&>)<AC' !)' F$&' V;@$<A' ">E' ?A:' @+&@AE' ";' #A&>)<AE' ;+
>+@$>F+##$%&'*"'&"#">$*+*">E'AE'*$#PA'"&'A@:A>'@Q:<$&A>E'";'B48,/)9.)>3,;'8A:'";'#A&@:+:$AE'";'#$#;A'6'X'3
X' 6' +::+&#+' *";' ?A;A' *";' *$&":A' ?+:+' :"@A:&+:' ?A:' V;@$<A' +;' <$><A' ?A;AC' !)' <A@$JA' ?:A?);>A:' D' >)
F$&+;$*+*'*"@":<$&+&@"'">E'?A:'@+&@AE'.8)2/,20,)B48,/)9.)+4-D0,;
7&';+'#$:#);+#$%&'>$<?;"'*"'<":#+&#=+>'+<GA>'?A;A>'?:">"&@+&';+'<$><+'FA:<+'"#A&%<$#+C'-<GA>'>A&
-./+4:+F43;) !A&' +*"<M>E' <":#+&#=+>' 9.) 84) -03-4) -4C:06>9) 9.' B48,/;) 8":AE' #)+;$@+@$J+<"&@"E' >A&
J+;A:">' *"' )>A' *$>@$&@A>E' B;) C/C' @:$(A' D' @:+N"C' 7;' $&@":#+<G$A' *"' ?:A*)#@A>E' ";' #+<G$A' *"' *$J":>+>
<+@":$+>E'"&'B)"'@A<+'#)":?A'";'@:+G+NA'>A#$+;E'">';A'B)"'FA:<+'+B)='";'#A&@"&$*A'*";'<AJ$<$"&@AC'0A
+>=' "&' ;+' #$:#);+#$%&' 6' ?) @) ?) A;) ") ?:$<":+' J$>@+E' ">@"' #$#;A' ?+:"#"' +G>):*A' ?A:B)"' +#+G+' ?A:' *A&*"
"<?"H%C' -<GA>' ?A;A>' ?:">"&@+&' "&' Q;' ;+' <$><+' FA:<+' "#A&%<$#+C' -<GA>' >A&' 90:./,1' DE' ?A:' @+&@AE
J+;A:">' *"' )>A' "&@:"' ;A>' B)"' &A' <"*$+' &$&()&+' *$F":"&#$+' +>4806460B41' ?)">' ";' *$&":A' &A' ">E' #A<A
>+G"<A>E'<M>'B)"';+'FA:<+'@:+&>F$():+*+'*"';+>'<":#+&#=+>E'"&';+'B)"'>"'GA::+&'@A*+>';+>'P)";;+>'*"'>)>
J+;A:">'">?"#=F$#A>'*"')>AC'4+<G$+:'OUU';$G:+>'">@":;$&+>'?A:'+;(A*%&'?+:+';)"(A'#+<G$+:'">@"'<$><A
+;(A*%&'?A:'OUU';$G:+>'">@":;$&+>K'">'*"#$:E'#+<G$+:E'*+&*A')&':A*"AE'*$&":A'?A:'*$&":AE')&+'#+&@$*+*'*"
*$&":A'?A:'A@:+'$()+;E'>":=+E'"J$*"&@"<"&@"E')&+'A?":+#$%&'+G>):*+'"'$&V@$;C\',+>'>)<+>'*"'*$&":A'>%;A'>"
*$>@$&()"&'?A:'>)'-4C:06>9;)8A:'@+&@AE'";'?:A#">A'A)?)@)?)A)&A'*"G"'>)'#A&@"&$*A'+'&$&()&+'90<./.:+04
+>4806460B4)"&@:"'>)>'*A>'?A;A>E'?)">'+<GA>'>A&'90:./,1)>$&A'>$<?;"<"&@"'+')&+'*$F":"&#$+'+>4:606460B4;;
7;'?:A#">A'+#+G+'>$"<?:"'>)>@:+D"&*A'+';+'#$:#);+#$%&'<M>'*$&":A'*";'B)"'+'";;+'>"';+&H%C'7;'+;(A*%&
#A<?:+*A'?A:'OUU';$G:+>'">@":;$&+>'>"'J"&*"E'?A:'"N"<?;AE'?A:'OUU']'OUE'A'>"+'?A:'OOU';$G:+>'">@":;$&+>C
,+'F%:<);+'#A<?;"@+'*"'">@"'?:A#">A'">'?A:'@+&@AR'A)?)@)?)AJ1)*A&*"'AJ)K)A)L)!)A1)A';A'B)"'">';A
<$><A'$()+;'+';+'>)<+'*"'*$&":A'?:$<":+<"&@"'*">"<GA;>+*+'<M>')&'$&#:"<"&@AC'7>@"'$&#:"<"&@A'A
"S#"*"&@"'B)"'B)"*+'*">?)Q>'*"'#)G:$:'";'J+;A:'?:$<$@$JA'">';A'B)"'DA';;+<A'28>3B48F4)M3>/28>3)J+;)"^C
8A:' @+&@AE' ";' J+;A:' ?:$<":+<"&@"' *">"<GA;>+*A' &A' >%;A' >"' #A&>":J+' "&' ;+' #$:#);+#$%&E' >$&A' B)"' >)
-4C:06>9) 9.) B48,/) "S?":$<"&@+E' *"&@:A' *"' ";;+E' )&' #+<G$AE' >"' $&#:"<"&@+' #A&' )&+' 28>3B48F41) 3.
B48,/0H4;)[)">@"'?:A#">A'">'";'B)"';A'#A&J$":@"'"&'+420648;
4+G"E'$&*)*+G;"<"&@"E'B)"'"&';+'F%:<);+'@)?)A)?)@1);A>'*A>'?A;A>)@)E)@1)B;)C/;)";'@:$(A'D'";'@:+N"E'>"+&
@+<G$Q&'-4C:06>9.3)9.)B48,/)+>4:606460B4-.:6.)90360:643;)N8);+G:$"(A'?)"*"E'"J$*"&@"<"&@"E'J"&*":'>)
@:$(A'?A:'<M>'*"';A'B)"'J+;"'A'#A<?:+:'";'@:+N"'?A:'<"&A>'*"'>)'J+;A:C'.+<G$Q&'?)"*"'A#)::$:'B)"'";
>+>@:"' ;"' "&(+Y"C' !$&' "<G+:(AE' "&' ">@+' FA:<+' *"' #$:#);+#$%&E' ;+>' @+;">' *$F":"&#$+>' *"' J+;A:' >A&
?):+<"&@"'FA:@)$@+>C'8A:'";'P"#PA'*"'B)"'+<GA>'?A;A>E'";'@:$(A'D'";'@:+N"E'>"+&'"B)$J+;"&@">E'";'#+<G$A
&A' ?$":*"' :+*$#+;<"&@"' >)' >"&@$*A' D' :+H%&' *"' >":E' #A<A' A#)::"' #A&' ";' ?:A#">A' A) ?) @) ?) A;) 8A:' ";
#A&@:+:$AE' ;+' "B)$J+;"&#$+' *"' ">@A>' *A>' F+#@A:">E' ">' +B)=E' #A&*$#$%&' ?+:+' ";' *">+::A;;A' &A:<+;' *";
?:A#">AC
,+':"?"@$#$%&'A':"&AJ+#$%&'*";'+#@A'*"'B.:9./)24/4)+,-2/4/)@$"&"'>)'?+)@+'D'>)'<"@+E'#A<A'";'?:A?$A
?:A#">AE'"&')&'F$&'V;@$<A'.O6./0,/)4)P8Q)"&'";'#A&>)<AE'"&';+'>+@$>F+##$%&'*"'*"@":<$&+*+>'&"#">$*+*">C
7&'#+<G$AE'#)+&*A'>"'+,-2/4)24/4)B.:9./1)";'?:A#">A'#A<$"&H+'D'+#+G+'?A:'";'<$><A'F+#@A:E'?A:'";
90:./,) ,) J+;A:' *"' #+<G$AE' D' D+' ">@A' P+#"' B)"' ";' ?:A#">A' >"+' $&@":<$&+G;"C' 4$":@A' ">' B)"' A) >"' P+
#A&J":@$*A'"&'A)]-'6E';+>'OUU';$G:+>'">@":;$&+>'"&'OUU']'OUC'8":AE'#)+;$@+@$J+<"&@"'#A&>$*":+*+>E';+>
OOU';$G:+>'">@":;$&+>'>A&';A'<$><A'B)"';+>'OUUE'+'>+G":R'*$&":AC'[E'#A&>$*":+*+>'#)+&@$@+@$J+<"&@"E';+>
OOU' ;$G:+>' ">@":;$&+>' >A&E' #A<A' ;+>' OUUE' )&+' >)<+' 80-06494) *"' J+;A:C' !=' ;+>' OOU' ;$G:+>' ">@":;$&+>' >"
C43643.:) #A<A' *$&":AE' F+;@+:=+&' +' >)' ?+?";C' 6"N+:=+&' *"' >":' +420648;) !)>@:+=*+>' +' ;+' #$:#);+#$%&E' >"
?"@:$F$#+:=+&'"&'FA:<+'*"'@">A:A'D'&A'P+:=+&'G:A@+:'&$')&'#Q&@$<AE'+)&'#)+&*A'">@)J$">"&'"&#"::+*+>'"&
>)'#)"J+'P+>@+'";'*=+'*";'_)$#$A'F$&+;C'8A:'@+&@AE'>$'>"'@:+@+'*"'B48,/0H4/).8)B48,/1)+';+'<$><+'&"#">$*+*
:">?A&*"';+'J+;A:$H+#$%&'*"'OOU';$G:+>'">@":;$&+>'B)"';+'*"'OUUE'?)">'+<G+>'#+&@$*+*">'>A&'"S?:">$A&">
;$<$@+*+>' *";' J+;A:' *"' #+<G$A' D' +<G+>' @$"&"&E' ?A:' #A&>$()$"&@"E' ;+' <$>$%&' *"' +#":#+:>"' +' ;+' :$B)"H+
$&#:"<"&@+&*A' >)' <+(&$@)*C' 4$":@A' ">' B)"' ";' J+;A:' ?:$<$@$J+<"&@"' *">"<GA;>+*A' *"' OUU' ;$G:+>
">@":;$&+>'>"'*$>@$&()"'*):+&@"'G:"J">'$&>@+&@">'*"';+'?;)>J+;=+'*"'OU';$G:+>'">@":;$&+>'B)"'P+#"'G:A@+:'"&
;+'#$:#);+#$%&E'?":A'">@+'*$F":"&#$+'>"'">F)<+'"&>"()$*+C'-;'@":<$&+:'";'?:A#">AE'&A'&A>'"&#A&@:+<A>
#A&'";'J+;A:'A:$($&+;'*"'OUU';$G:+>'">@":;$&+>'+')&';+*A'D'+'A@:A';+*A';+'?;)>J+;=+'*"'OUC',A'B)"'G:A@+'*";
?:A#">A' ">' )&' J+;A:' R:0+,) *"' OOU' ;$G:+>' ">@":;$&+>E' J+;A:' B)"' >"' ?:">"&@+E' ?+:+' :"?"@$:' ";' ?:A#">A' *"
J+;A:$H+#$%&E' G+NA' ;+' <$><+' FA:<+' B)"' ";' *"' ;+>' OUU' ;$G:+>' ">@":;$&+>' A:$($&+;">C' -;' @":<$&+:>"' ";
?:A#">AE'";'*$&":A'G:A@+'&)"J+<"&@"'#A<A'>)'?)&@A'$&$#$+;CW'7;'F$&+;'*"'#+*+'#$#;A'+$>;+*AE'"&'";'B)"'>"
#A&>)<+' ;+' A?":+#$%&' *"' #A<?:+:' ?+:+' J"&*":E' FA:<+' ?A:' @+&@AE' *"' >)DAE' ";' #A<$"&HA' *"' )&' #$#;A
&)"JAC',+'#$:#);+#$%&'>$<?;"'*"'<":#+&#=+>'X";'?:A#">A'*"'J"&*":'?+:+'#A<?:+:X'>$:J"'*"'<"*$A'?+:+
;+' #A&>"#)#$%&' *"' )&' F$&' V;@$<A' >$@)+*A' F)":+' *"' ;+' #$:#);+#$%&R' ;+' +>$<$;+#$%&' *"' J+;A:">' *"' )>AE' ;+
>+@$>F+##$%&'*"'&"#">$*+*">C'7&'#+<G$AE';+'#$:#);+#$%&'*";'*$&":A'#A<A'#+?$@+;';;"J+'"&'>='<$><A'>)'F$&E
?)">' ;+' B48,/0H4+07:) 9.8) B48,/' >%;A' >"' *+' *"&@:A' *"' ">@"' ?:A#">A' #A&>@+&@"<"&@"' :"&AJ+*AC' 7;
<AJ$<$"&@A'*";'#+?$@+;'">'?A:'@+&@AE'$&#">+&@"C`
4A<A'+("&@"'#A&>#$"&@"'*"'">@"'<AJ$<$"&@AE'";'?A>""*A:'*"'*$&":A'>"'#A&J$":@"'"&'#+?$@+;$>@+"#.8)?)&@A
*"'?+:@$*+'D'*"':"@A:&A'*";'*$&":A'>"'P+;;+'"&#3>)?":>A&+4#,)?A:'<"NA:'*"#$:'"&#3>)D,83088,1)N8)+,:6.:09,
,DI.60B,) *"' ">@"' ?:A#">A' *"' #$:#);+#$%&' X;+' J+;A:$H+#$%&' *";' J+;A:X' ">' 3>) <0:) 3>DI.60B,1) E) 378,) +#@V+
#A<A#+42064803641)#A<A'#+?$@+;'?":>A&$F$#+*AE'*A@+*A'*"'#A&#$"&#$+'D'*"'JA;)&@+*E'"&';+'<"*$*+'"&'B)"
>)>)A?":+#$A&">'&A'@$"&"&'<M>'<A@$JA#?:A?);>A:'B)"';+'+?:A?$+#$%&'?:A(:">$J+'*"':$B)"H+'+G>@:+#@+C'7;
B48,/)9.)>3,)&A'?)"*"E'?)">E'#A&>$*":+:>"'N+<M>'#A<A'F$&'*$:"#@A'*";'#+?=@+;$>@+Ca#.+<?A#A';+#(+&+&#$+
+$>;+*+E' >$&A' ";' +?"@$@A' $&>+#$+G;"' *"' (+&+:Cb' 7>@"' +FM&' +G>A;)@A' *"' "&:$B)"#$<$"&@AE' ">@+# #+::":+
*">"&F:"&+*+'"&'?A>)*";'J+;A:c'P":<+&+'+;'#+?$@+;$>@+'D'+;'+@">A:+*A:K'?":AE'<$"&@:+>'B)"'Q>@"'&A'">'<M>
B)"'";'#+?$@+;$>@+'@:+>@A:&+*AE'";'#+?$@+;$>@+'">'";'+@">A:+*A:':+#$A&+;C'7;'$&#:"<"&@A'$&>+#$+G;"'*"'J+;A:
B)"'";'+@">A:+*A:'?":>$()"E'?)(&+&*A'?A:'348B4/)+'>))*$&":A#*"';+'#$:#);+#$%&EOU#;A)#A&>$()"E'#A&'<M>
$&@";$("&#$+E'";'#+?$@+;$>@+E';+&HM&*A;A')&+'D'A@:+'J"HE'$&#">+&@"<"&@"E'+;'@A::"&@"'#$:#);+@A:$ACOO
,+>)FA:<+>'+)@%&A<+>E'FA:<+>X*$&":AE'B)"'";'J+;A:'*"'843)<":#+&#=+>'+>)<"'"&';+'#$:#);+#$%&'>$<?;"E
;$<=@+&>"'+'>":J$:'*"'<"*$+*A:+>'*";'$&@":#+<G$A'*"'<":#+&#=+>E'?+:+'*">+?+:"#":'"&'";':">);@+*A'F$&+;
*";' ?:A#">AC' 7&' #+<G$AE' "&' ;+' #$:#);+#$%&' A) ?) @) ?A1) +<G+>' FA:<+>E' ;+' -./+4:+F4) D' ";) 90:./,1
F)&#$A&+&' #A<A' >$<?;">' -,9480949.3) 90360:643) 9.) .O036.:+04) 9.8) 2/,20,) B48,/Q) ";' *$&":A' #A<A' 3>
<A*+;$*+*' ("&":+;K' ;+' <":#+&#=+' #A<A' 3>) <A*+;$*+*' ">?"#$F$#+' A) @:+&>F$():+*+E' ?A:' *"#$:;A' +>=COT' 7;
J+;A:'?+>+'#A&>@+&@"<"&@"'*"')&+'FA:<+'+'A@:+E'>$&'?":*":>"'"&'">@A>'@:M&>$@A>'D'#A&J$:@$Q&*A>"'+>='"&
>)N"@A'+)@A<M@$#AC'!$)?;+><+<A>';+>'FA:<+>',)<+&$F">@+#$A&">'">?"#=F$#+>'B)"'";'J+;A:'B)"'>"'J+;A:$H+
:"J$>@"'>)#">$J+<"&@"'+';A);+:(A'*";'#$#;A)*"'3>)J$*+E';;"(+:"<A>'+';+>'>$()$"&@">'*"F$&$#$A&">R'+420648).3
90:./,G)+420648).3)-./+4:+F4;OZ)7&':"+;$*+*E'.8)B48,/)>"'":$("#+B)=#"&'3>I.6,)9.)>:)2/,+.3,)"&'";'B)"E
G+NA' ";' #+<G$A' #A&>@+&@"' *"' ;+>' FA:<+>' *"' *$&":A' D' <":#+&#=+E' >)' <+(&$@)*' J+:$+' +)@A<M@$#+<"&@"E
*">?:"&*$Q&*A>"'#A<A'?;)>J+;=+'*"'>='<$><A'#A<A'J+;A:'A:$($&+:$AE'A';A'B)"'@+&@A'J+;"E'B48,/0HS:9,3.
4)3F)-03-,;)7&'"F"#@AK'";'?:A#">A'"&'B)"'"&("&*:+'?;)>J+;=+'">'>)'?:A?$A'?:A#">AE'DE'?A:';A'@+&@AE'>)
J+;A:$H+#$%&';+'B48,/0H4+07:)9.)3F)-03-,;)L+'AG@"&$*A';+'J$:@)*'A#);@+'D'<$>@":$A>+'*"'"&("&*:+:'J+;A:
?A:'";'P"#PA'*"'>":'J+;A:C',+&H+'+;'<)&*A'#:=+>'J$J$"&@">E'A'+;'<"&A>'?A&"'P)"JA>'*"'A:AC
4A<A'3>I.6,)<)*+G;"'*"'">@"'?:A#">AE'"&'";'B)"'@+&'?:A&@A':"J$>@"'#A:&A'+G+&*A&+';+'FA:<+'*"'*$&":A'D
*"'<":#+&#=+E'?":A'<+&@"&$Q&*A>"'=&@"(:A'D'"S?+&*$Q&*A>"'+'@:+JQ>'*"'">@A>'#+<G$A>E'";'J+;A:'&"#">$@+
+&@"'@A*A'*"')&+'FA:<+'$&*"?"&*$"&@"'"&'B)"'>"'#A&@:+>@"'>)'$*"&@$*+*'#A&>$(A'<$><AC'7>@+'FA:<+'>%;A
?)"*"' *M:>";+' ";' 90:./,;) 8A:' ">A' ";' *$&":A' #A&>@$@)D"' ";' ?)&@A' *"' +::+&B)"' D' ";' ?)&@A' F$&+;' *"' @A*A
?:A#">A' *"' J+;A:$H+#$%&C' 4A<"&H%' >$"&*A' OUU' ;$G:+>' ">@":;$&+>E' ?+:+' #A&J":@$:>"' +PA:+' "&' OOUE' D' +>=
>)#">$J+<"&@"C'8":A'";'*$&":A'>%;A'+#@V+'+B)='#A<A'>:4) 9.) 843) <,/-43) *";'J+;A:E' ?)">'@$"&"'9,3C' !$&
:"J">@$:';+'<,/-4)9.)-./+4:+F41)";'*$&":A'&A'?)"*"'#A&J":@$:>"'"&'#+?$@+;C'8A:'@+&@AE'";'*$&":AE'+B)=E'&A
>"'+;H+'?A;Q<$#+<"&@"'#A&@:+';+'<":#+&#=+E'#A<A'"&'";'+@">A:+<$"&@AC'7;'#+?$@+;$>@+'>+G"'B)"'@A*+>';+>
<":#+&#=+>E' ?A:' *">?:"#$+G;">' B)"' ?+:"H#+&# A' ?A:' <+;' B)"' P)";+&E' >A&E' ?A:' >)' F"' D' ?A:' >)' J":*+*E
90:./,E' N)*=A>' $&@":$A:<"&@"' #$:#)&#$*+*A>E' D' +*"<M>' <"*$A>' <+:+J$;;A>A>' ?+:+' "S@:+":' *";' *$&":A
&)"JA'*$&":AC
7&';+'#$:#);+#$%&'>$<?;"E'";'J+;A:'*"';+>'<":#+&#=+>':"J$>@"E'+';A'>)<AE'F:"&@"'+'>)'J+;A:'*"')>AE';+'FA:<+
+)@%&A<+'*";'*$&":AR'"&'#+<G$AE'+B)='>"'&A>'?:">"&@+'>VG$@+<"&@"'#A<A')&+'>)>@+&#$+'?:A(:">$J+E'#A&
<AJ$<$"&@A>'?:A?$A>E'*"'B)"';+'<":#+&#=+'D'";'*$&":A'&A'>A&'<M>'B)"'>$<?;">'FA:<+>C'-V&'P+D'<M>C
7&'J"H'*"':"?:">"&@+:':";+#$A&">'"&@:"'<":#+&#=+>E'";'J+;A:'+?+:"#"':"J$>@$"&*AE'#A<A'>$'*$NQ:+<A>E')&+
/.84+07:) 2/0B494) +,:30C,) -03-,;' 4A&>$*":+*A' #A<A' J+;A:' A:$($&+:$A' >"' *$>@$&()"' *"' >=' <$><A' "&
#)+&@A'?;)>J+;=+E'+';+'<+&":+'#A<A'";'6$A>'8+*:"'>"'*$>@$&()"'*";'6$A>'L$NAE'+)&B)"'+<GA>'@"&(+&';+
<$><+' "*+*' D' FA:<"&' *"' P"#PA' )&+' >A;+' ?":>A&+E' ?)">' ;+' ?;)>J+;=+' *"' OU' ;$G:+>' ">@":;$&+>' ">' ;A' B)"
#A&J$":@"'+';+>'OUU';$G:+>'">@":;$&+>'"&'#+?$@+;E'D'@+&'?:A&@A'#A<A'">@A'A#)::"E'@+&'?:A&@A'#A<A'";'L$NAE
DE'+'@:+JQ>'*"'Q;'";'8+*:"E'">'"&("&*:+*AE'>"'GA::+&'*"'&)"JA'>)>'*$F":"&#$+>E'D'+<GA>'>"':"*)#"&'+')&+
)&$*+*E'+'OOU';$G:+>'">@":;$&+>C
7;'J+;A:'>"'#A&J$":@"E'?A:'@+&@AE'"&'B48,/)2/,C/.30B,E'"&'90:./,)2/,C/.30B,E'A';A'B)"'">';A'<$><AE'"&
+420648;' 7;'J+;A:'?:AJ$"&"' *"' ;+'#$:#);+#$%&'D' :"@A:&+' &)"J+<"&@"' +' ";;+E' >"' <+&@$"&"' D' <);@$?;$#+' "&
";;+E':"F;)D"'+'";;+'$&#:"<"&@+*A'D':"$&$#$+'#A&>@+&@"<"&@"'";'<$><A'#$#;ACO\'A)?)AJ1)*$&":A'B)"'$&#)G+
*$&":AE'-,:.E)T50+5)D.C.63)-,:.E1':"H+';+'*"F$&$#$%&'*";'#+?$@+;'"&'GA#+'*"'>)>'?:$<":A>'$&@Q:?:"@">E
;A>'<":#+&@$;$>@+>C
!,-2/4/)24/4)B.:9./E'A'*$#PA'<M>'"S+#@+<"&@"E'+,-2/4/)24/4)B.:9./)-S3)+4/,E'A)?)@)?)AJ1)?+:"#"'+
?:$<":+'J$>@+'#A<A'>$'>%;A'F)">"';+'F%:<);+'?:A?$+'*"')&+'<A*+;$*+*'*";'#+?$@+;E'*";'+420648'-./+4:608;
8":A'&A'">'+>=R'";'+420648)0:9>36/048'">'@+<G$Q&'*$&":A'B)"'>"'#A&J$":@"'"&'<":#+&#=+E'?+:+'#A&J":@$:>"
&)"J+<"&@"' "&' <M>' *$&":AE' <"*$+&@"' ;+' J"&@+' *"' +B)Q;;+C' ,A>' +#@A>' B)"' ?)"*+&' ?:A*)#$:>"' "&@:"' ;+
#A<?:+' D' ;+' J"&@+E' F)":+' *"' ;+' %:G$@+' *"' #$:#);+#$%&E' &A' +;@":+&' "&' ;A' <M>' <=&$<A' ">@+' FA:<+' *";
?:A#">AC'1$&+;<"&@"E'"&'";'+420648#949,)4)0:6./P3';+'#$:#);+#$%&'6'X'3'X'6J)>"'?:">"&@+'G+NA')&+'FA:<+
#A&#"&@:+*+E'>$&'F+>"'$&@":<"*$+'&$'<"*$+*A:E'"&'">@$;A';+?$*+:$A'?A:'*"#$:;A'+>=E'#A<A'6'X'6J1)A' >"+
*$&":AE'B)"'">'+';+'?+:'<M>'*$&":AE'J+;A:'>)?":$A:'+'>)'?:A?$A'JA;)<"&C
A)?)@)?)Ad'">E'?)">E'"&'>)<+E';+'<7/->84)C.:P/0+4)9.8)+420648E'@+;'D'#A<A'>"'&A>'2/.3.:64'*$:"#@+<"&@"
"&';+'%:G$@+'*"';+'#$:#);+#$%&C
5"#67.3(%/20027.-8#/-#+%#&'()*+%#,-.-(%+
,+'FA:<+'*"'#$:#);+#$%&'"&'B)"'";'*$&":A'>+;"'*"';+'#:$>M;$*+'#A&J":@$*A'"&'#+?$@+;'#A&@:+*$#"'+'@A*+>';+>
;"D">' B)"' *"N+<A>' "S?)">@+>' +#":#+' *"' ;+' &+@):+;"H+' *"' ;+' <":#+&#=+E' *";' J+;A:E' *";' *$&":A' D' *"' ;+
?:A?$+' #$:#);+#$%&C' ,A' B)"' *$>@$&()"' +' ">@+' FA:<+' *"' ;+' #$:#);+#$%&' >$<?;"' *"' <":#+&#=+>' ">' ;+' 3./0.
0:B./34' "&' B)"' >"' *">+::A;;+&' ;A>' *A>' ?:A#">A>' +&@+(%&$#A>E' B)"' >A&' ;A>' <$><A>' "&' +<GA>' #+>A>R' ;+
J"&@+' D' ;+' #A<?:+C' e4%<A' >"' "S?;$#+' B)"' ">@+' *$F":"&#$+' ?):+<"&@"' FA:<+;' P+(+' #+<G$+:' #A<A' ?A:
"&#+&@A'";'#+:M#@":'*"'">@A>'?:A#">A>f
-*"<M>E'">@+'0:B./307:'>%;A'"S$>@"'?+:+')&+'*"';+>'@:">'?+:@">'B)"'$&@":J$"&"&'"&'";'@:+@AC'7;'#+?$@+;$>@+
#A<?:+' ;+' <":#+&#=+' +' "' D' ;+' :"J"&*"' +' UG) "&' #+<G$AE' ";' ?A>""*A:' >$<?;"' *"' <":#+&#=+>' J"&*"' >)
<":#+&#=+' +' U1) ?+:+' ;)"(A' #A<?:+:' A@:+' +' ";' 8+:+' ;A>' #A&@:+@+&@">' ") D) U1) ">@+' *$F":"&#$+' +' B)"' &A>
:"F":$<A>'&A'"S$>@"C'7;;A>'>%;A'+#@V+&'#A<A'#A<?:+*A:'D'J"&*"*A:'*"'<":#+&#=+>E':">?"#@$J+<"&@"C'>)' J"HE' ";' @":#":A' >"' "&F:"&@+' #A&' ";;A>E' >"(V&' ;A>' #+>A>E' #A<A' >$<?;"' ?A>""*A:' *"' *$&":A' A' #A<A
?A>""*A:'*"'<":#+&#=+>E'#A<A'#A<?:+*A:'A'J"&*"*A:K')&+>'J"#">E'">@"'@":#":A'">':">?"#@A'+')&A'*"';A>
#A&@:+@+&@">')&'>$<?;"'#A<?:+*A:'D':">?"#@A'+;'A@:A')&'>$<?;"'J"&*"*A:E'?+:+'";')&A'*$&":A'D'?+:+'";
A@:A'<":#+&#=+E'D'?+:+'&$&()&A'*"';A>'*A>'#+?$@+;'A'#+?$@+;$>@+K'">'*"#$:E':"?:">"&@+&@"'*"'+;(A'>)?":$A:
+;'*$&":A'A'+';+'<":#+&#=+'D'#+?+H'*"'?:A*)#$:'"F"#@A>'*$>@$&@A>'+';A>'*"';+'<":#+&#=+'A'+';A>'*";'*$&":AC
8+:+'">@"'@":#":AE'";'P"#PA'*"'#A<?:+:'+'"'D'*"'J"&*":'+'U)>A&'*A>'F+>">';%($#+>'*"')&'<$><A'?:A#">AC
8":A'"&@:"'">@A>'*A>'+#@A>'>%;A'?+:+'Q;'"S$>@"')&+'$;+#$%&';%($#+C'"'&A'>"'?:"A#)?+'"&';A'<M>'<=&$<A'
*"'>)'@:+&>+##$%&'#A&'U1)D'+'Q>@"';"'@$"&"'>$&'#)$*+*A'>)'@:+@A'#A&'";'['>$'";'@":#":A'"&'#)">@$%&
?:"@"&*$":+' *"<A>@:+:;">' ;+' J"&@+N+' B)"' >)?A&"' ?+:+' Q;' ";' 0:B./60/' ";' A:*"&E' ";;A>' ;"' ?:AG+:=+&' B)"' >"
"B)$JA#+G+' .:) +>4:6,) 4) .36.) ,/9.:) D' B)") ;+' A?":+#$%&' @A@+;' &A' #A<"&H+G+' ?A:' )&+' #A<?:+' ?+:+
@":<$&+:'"&')&+'J"&@+E'>$&A'+;':"JQ>C'7&'"F"#@AK'*">*"'";'?)&@A'*"'J$>@+'*"'"E'";'?:$<":'@:+@A'#"::+*A'?A:
";'@":#":AE';+'#A<?:+E'#A&>@$@)D"')&+'J"&@+E'D'";'>"()&*A'@:+@AE';+'J"&@+E'#A&>@$@)D"E'*">*"'";'?)&@A'*"
J$>@+'*"'U1))&+'#A<?:+C'0A'#A&@"&@A>'#A&'">@AE'"'D'U'>A>@"&*:=+&'B)"'@A*+'">@+'A?":+#$%&'":+'?":F"#g
@+<"&@"' $&V@$;E' #A<A' )&' N)"(A' <+;+G+:C' -' >)' <A*A' *"' J":E' G+>@+:=+' #A&' B)"' "' P)G$">"' J"&*$*A' >)
<":#+&#=+' *$:"#@+<"&@"' +' UE' D' Q>@"' >"' ;+' P)G$":+' #A<?:+*A' *$:"#@+<"&@"' +' ";' 4A&' ">@AE' @A*+' ;+' A?"g
:+#$%&'>"'*"><A:A&+:=+E'?+:+'#A&J":@$:>"'"&')&'4+6,)>:0846./481)"&')&A'*"'@+&@A>'+#@A>'*"';+'#$:#);+#$%&
J);(+:'*"'<":#+&#=+>E'B)"'*">*"'";'?)&@A'*"'J$>@+'*"'"'>":=+')&+'>$<?;"'J"&@+'D'*">*"'";' ?)&@A'
*"
J$>@+'*"'U')&+'>$<?;"'#A<?:+C'4A<A'J"<A>E';+'$&J":>$%&'*";'A:*"&'&A'&A>'?":<$@"':"<A&@+:&A>'>AG:"
;+' %:G$@+' *"' ;+' +0/+>84+07:) 30-28.) 9.) -./+4:+F43G) &A' @"&"<A>E' ?)">E' <M>' :"<"*$A' B)"' *"@"&":&A>' +
$&J">@$(+:'>=E'?A:'>)'&+@):+;"H+E'">+'#$:#);+#$%&'#A&>$"&@"';+'J+;A:$H+#$%&'*"';A>'J+;A:">'>AG:"'B)"'J":>+E
D'?A:'@+&@AE';+'<,/-4+07:)9.)28>3B48F4;
7&FAB)"<A>'";'?:A#">A'*"'#$:#);+#$%&'"&')&+'FA:<+'"&'B)"'&A'"&J)";J+'<M>'B)"')&'>$<?;"'$&@":#+<G$A
*"' <":#+&#=+>C' 7>' ">@A' ;A' B)"' +#A&@"#"' >$"<?:"' B)"' +<GA>' ?A>""*A:">' >"' #A<?:+&' )&A' +' A@:A
<":#+&#=+>'D'>+;*+&'"&'";'*=+'*"'>)'J"&#$<$"&@A';+'*$F":"&#$+'"&@:"'>)>'#:Q*$@A>':">?"#@$JA>C'-B)=E'";
*$&":A'">')&'>$<?;"'*$&":A'+:$@<Q@$#AE'#)D+'<$>$%&'>"':"*)#"'+'"S?:">+:'"&'>)>'2/.+0,3';A>'J+;A:">'*"
;+>' <":#+&#=+>E' >$&' "&F:"&@+:>"' <+@":$+;<"&@"' #A&' Q>@+>C' !$' >%;A' &A>' F$N+<A>' "&' ";' B48,/' 9.) >3,1) ">
"J$*"&@"'B)"'+<G+>'?+:@">'#A&@:+@+&@">'?)"*"&'>+;$:'C4:4:9,)#A&)";'#+<G$AC'-<GA>'>"'*">?:"&*"&'*"
<":#+&#=+>' B)"' #A<A' J+;A:">' *"' )>A' &A' ;">' >$:J"&' *"' &+*+E' AG@"&$"&*A' +' #+<G$A' A@:+>' *"' #)DA' )>A
&"#">$@+&C'['?)"*"'A#)::$:'B)"'">@+')@$;$*+*'&A'>"+';+'V&$#+C'"E'B)"'J"&*"'J$&A'D'#A<?:+'@:$(AE'?:A*)#"
+#+>A'<M>'J$&A'*";'B)"'?A*:=+'?:A*)#$:'@:+G+N+&*A'.8) -03-,) 60.-2,' ";' +(:$#);@A:'UE' D' Q>@"E' +' >)' J"HE
<M>'@:$(A'*";'B)"E'@:+G+N+&*A'.8)-03-,)60.-2,E'?A*:=+'?:A*)#$:'";'#A>"#P":A'*"'J$&A'"C'8A:'";'<$><A
J+;A:'*"'#+<G$AE'"E'AG@"&*:ME'?)">E'<M>'@:$(A'D'h)<M>'J$&A'B)"'>$'+<GA>'P)G$":+&'*"'?:A*)#$:'@:$(A'D
J$&A':">?"#@$J+<"&@"'?+:+'>)>'&"#">$*+*">E'>$&'+#)*$:'+;'$&@":#+<G$AC'7&';A'B)"'@A#+'+;'B48,/'9.)>3,1
#+G"E' ?)">E' +F$:<+:E' B)"' i";' #+<G$A' ">' )&+' A?":+#$%&' "&' ;+' B)"' +<G+>' ?+:@">' >+;"&' (+&+&*AjCOW' 2@:+
#A>+'+#A&@"#"'#A&'";'B48,/)9.)+4-D0,C'ik&'PA<G:"'B)"'?A>""'<)#PA'J$&A'D'&$&(V&'@:$(AE'@:+@+'#A&'A@:A
B)"'?A>""'<)#PA'@:$(A'D'&$&(V&'J$&AE'D'"&@:"'";;A>'>"'#+<G$+'@:$(A'?A:'J+;A:'*"'WU'?A:')&'J+;A:'*"'WU
"&' J$&AC' 7>@+' A?":+#$%&' :,) 0-280+4' 0:+/.-.:6,' 9.8) B48,/) 9.) +4-D0,' ?+:+' &$&()&+' *"' ;+>' *A>' ?+:@">E
?)">E'+&@">'*"'#";"G:+:>"E'+<G+>'?A>"=+&'D+')&'J+;A:'$()+;'+;'B)"'?A:'<"*$A'*"'">@"'@:+@A'AG@$"&"&CjO`
7;' P"#PA' *"' B)"' "&@:"' ;+>' <":#+&#=+>' >"' *">;$#"' #A<A' <"*$A' *"' #$:#);+#$%&' ";' *$&":AE' *">*AG;+&*A
J$>$G;"<"&@"';A>'+#@A>'*"';+'#A<?:+'D';+'J"&@+E'&A'P+#"'#+<G$+:'";'+>)&@A'"&';A'<M>'<$&$<ACOa'7;'J+;A:
*"';+>'<":#+&#=+>'+?+:"#"'D+'.O2/.349,).:)3>3)2/.+0,3'+&@">'*"'B)"'>"';+&#"&'+';+'#$:#);+#$%&K'">E'?A:
@+&@AE'?:"<$>+'D'&A'"F"#@A'*"'Q>@+COb
4A&>$*":+*+'"&'+G>@:+#@AE'">'*"#$:E'*"N+&*A'+')&';+*A'@A*A>';A>'P"#PA>'B)"'&A'>"'*":$J+&'*"';+>';"D">
$&<+&"&@">'*"';+'#$:#);+#$%&'>$<?;"'*"'<":#+&#=+>E'"&'Q>@+'>%;A'>"'A?":+E'+?+:@"'*"';+'>)>@$@)#$%&'*"')&
J+;A:'*"')>A' ?A:'A@:AE' )&+'-.64-,/<,303E' )&' >$<?;"' #+<G$A' *"' FA:<+' *"' ;+' <":#+&#=+C' 7&' <+&A>' *";
?A>""*A:' *"' <":#+&#=+>' ?":>$>@"' .8) -03-,) B48,/E' ">' *"#$:E' ;+' <$><+' #+&@$*+*' *"' @:+G+NA' >A#$+;
<+@":$+;$H+*A'?:$<":A'"&'FA:<+'*"'>)'?:A?$+'<":#+&#=+E';)"(A'G+NA';+'FA:<+'*"'*$&":A'"&'B)"'Q>@+'>"
#A&J$":@"E'D'?A:'V;@$<A'G+NA';+'FA:<+'*"';+'<":#+&#=+'"&'B)"'">"'*$&":A'J)";J"'+'$&J":@$:>"C'8":A'">@"
#+<G$A'*"'FA:<+'&A'"&J)";J"'#+<G$A'+;()&AE'"&';A'B)"'+';+'-4C:06>9)9.)B48,/)>"':"F$":"C'8A:'>)'?+:@"
";'#+<G$A'B)"'"S?":$<"&@+'"&'">@"'?:A#">A'";'J+;A:'*"';+'<":#+&#=+'>"':"*)#"'+')&'#+<G$A'*"'>)'<,/-4
90:./,;) 7>@+E) B)"' +;' ?:$&#$?$A' >%;A' "S$>@=+' "&' #)+&@A' 2/.+0,) *"' ;+' <":#+&#=+' ?)">@+' "&' J"&@+E' "S$>@"
;)"(A' #A<A' >)<+' *"' *$&":AE' +)&B)"' D+' "S?:">+*+' +&@">' "&' ";' ?:"#$A' *"' ;+' <":#+&#=+E' DE' ?A:' V;@$<AE
#A<A'";'2/.+0,'*"')&+'<":#+&#=+'"B)$J+;"&@"C'A.)3>E,1)">@"'#+<G$A'*"'FA:<+'&A'"&@:+Y+'&$'";'<M>';"J"
#+<G$A'"&'?)&@A'+';+'-4C:06>9'9.8)B48,/1)*";'<$><A'<A*A'B)"')&'G$;;"@"'*"'#$&#A';$G:+>'&A'+)<"&@+'&$
*$><$&)D"'*"'J+;A:' "&';A' <M>'<=&$<A' +;' #+<G$+:>"' ?A:' >AG":+&A>E' <"*$A>' >AG":+&A>' D' #P";$&">C' 8A:
@+&@AE'>$';+'#$:#);+#$%&'*"';+'<":#+&#=+'>%;A'>"'@:+*)#"'"&')&'+4-D0,)9.)<,/-4'*"'>)'J+;A:E'>)'F)&#$%&'>"
:"*)#"E' >)?A&$"&*A' B)"' ";' F"&%<"&A' >"' *">+::A;;"' "&' @A*+' >)' ?):"H+E' +' A?":+:' )&' >$<?;"' +4-D0,' 9.
.=>0B48.:6.3;) '4) ?:A?$+' "#A&A<=+' J);(+:E' #A&' &A' >A>?"#P+:' >$B)$":+' ;A' B)"' ">' ";' J+;A:E' >$"<?:"' B)"
B)$":"E'+'>)'<A*AE'$&J">@$(+:'";'F"&%<"&A'"&'@A*+'>)'?):"H+E'?+:@"'*";'>)?)">@A'*"'B)"';+'*"<+&*+'D';+
AF":@+' 3.) .=>080D/4:E' #">+&*A' ?A:' @+&@AE' "&' +G>A;)@AE' >)>' "F"#@A>C' 8A:' #A&>$()$"&@"E' >=' #A&' :";+#$%&' +;
B48,/' 9.) )>A' +<G+>' ?+:@">' #A&@:+@+&@">' ?)"*"&' >+;$:' (+&+&*AE' ">' $<?A>$G;"' B)"' :">?"#@A' +;' B48,/' 9.
+4-D0,)(+&"&';+>'*A>C'-B)=':$("'A@:+'&A:<+R'i6A&*"'P+D'"B)$J+;"&#$+E'&A'?)"*"'P+G":';)#:ACjOc'4+G"E
$&*)*+G;"<"&@"E' B)"' ;+>' <":#+&#=+>' >"' J"&*+&' ?A:' )&' ?:"#$A' *$J":("&@"' *"' >)' J+;A:E' ?":A' ">@+
*$J":("&#$+'&A'">'<M>'B)"')&+'@:+&>(:">$%&'*"';+';"D'*";'#+<G$A'*"'<":#+&#$+>CTU'7&'>)'FA:<+'?):+E'";
#+<G$A' *"' <":#+&#=+>' ">' >$"<?:"' )&' #+<G$A' *"' "B)$J+;"&@">' DE' ?A:' @+&@AE' :,) 94) 20.' ?+:+' ;)#:+:>"
AG@"&$"&*A'<M>'J+;A:CTO
6"@:M>' *"' ;+>' @"&@+@$J+>' *"' B)$"&">' >"' ">F)":H+&' ?A:' ?:">"&@+:' ;+' #$:#);+#$%&' *"' <":#+&#=+>' #A<A' ;+
<>.:6.)9.)84)28>3B48F4'>"'">#A&*"E'?)">E'#+>$'>$"<?:"E')&'=>09)2/,)=>,E')&+'#A&F)>$%&'*"'J+;A:'*"')>A'D
J+;A:'*"'#+<G$AC'.+;'A#)::"E'?A:'"N"<?;AE' "&' 4A&*$;;+#R' i0A' ">' "S+#@A' B)"' ";' #+<G$A' *"' <":#+&#=+>
J":>"'>AG:"'";'$&@":#+<G$A'*"'J+;A:">'$()+;">C'7>'+;':"JQ>C'6"';A>'*A>'#A&@:+@+&@">E')&A'"&@:"(+'>$"<?:"
)&'J+;A:'$&F":$A:E'?+:+':"#$G$:'+'#+<G$A'A@:A'<M>'(:+&*"CCC'7&'"F"#@AE'>$'>"'#+<G$+>"&'>$"<?:"'J+;A:">
$()+;">E':0:C>:,)9.)8,3)+,:6/464:6.3)2,9/F4),D6.:./)>:4)C4:4:+041)D'>$&)"<G+:(AE'+<GA>'(+&+&E'A'?A:
;A'<"&A>'+<GA>'*"G$":+&'(+&+:C'e8A:'B)Qf'7;'J+;A:'*"';A>'AGN"@A>':">$*"E'?):+'D'>$<?;"<"&@"E'"&'>)
:";+#$%&'#A&'&)">@:+>':.+.30949.3;),A'B)"'?+:+')&A'">'<M>'">'?+:+'";'A@:A'<"&A>'DE'J$#"J":>+'CCC'0A'>"
?)"*"'?+:@$:'*";'>)?)">@A'*"'B)"'AF:"H#+<A>'"&'J"&@+'AGN"@A>'$&*$>?"&>+G;">'?+:+';+>'&"#">$*+*">'*"
&)">@:A' #A&>)<ACCC' 0A>' *">?:"&*"<A>' *"' #A>+>' B)"' &A>' >A&' $&V@$;">' #A&' AGN"@A' *"' AG@"&":' +' #+<G$A
A@:+>'B)"'&"#">$@+<A>R'*+<A>'<"&A>'?A:'<M>CCC4)+&*A';A>'AGN"@A>'#+<G$+*A>'>"+&'$()+;">'"&'J+;A:'+';+
<$><+'#+&@$*+*'*"'*$&":AE'">'&+@):+;'?"&>+:'B)"'";'#+<G$A'J":>+'>AG:"'J+;A:">'$()+;">CCC'8":A'P+D'B)"
@"&":'"&'#)"&@+'@+<G$Q&'A@:A'F+#@A:E'+'>+G":R'B)"'+<GA>'#+<G$+<A>'8,' =>.) :,3) 3,D/4) ?A:' ;A' B)"' &A>
F+;@+CjTT'4A<A'>"'J"E'4A&*$;;+#'&A'>%;A'<"H#;+'D'#A&F)&*"'";'J+;A:'*"')>A'D'";'J+;A:'*"'#+<G$AE'>$&A
B)"E' ?:A#"*$"&*A' *"' )&' <A*A' J":*+*":+<"&@"' ?)":$;E' +@:$G)D"' +' )&+' >A#$"*+*' G+>+*+' "&' )&' :Q($<"&
*">+::A;;+*A'*"'?:A*)##$%&'*"'<":#+&#=+>')&'">@+*A'*"'#A>+>'"&'B)"'";'?:A*)#@A:'?:A*)#"'*$:"#@+<"&@"
>)>' <"*$A>' *"' >)G>$>@"&#$+' D' >%;A' ;+&H+' +' ;+' #$:#);+#$%&' ;A' B)"' ;"' >AG:+' *">?)Q>' *"' #)G:$:' >)>
&"#">$*+*">E' .8) .O+.9.:6.CTZ) [E' >$&' "<G+:(AE' ";' +:()<"&@A' *"' 4A&*$;;+#' +?+:"#"' "<?;"+*A
F:"#)"&@"<"&@"'?A:';A>'"#A&A<$>@+>'<A*":&A>E'>AG:"'@A*A'#)+&*A'>"'@:+@+'*"'?:">"&@+:'#A<A'F)"&@"'*"
28>3B48F4) ;+' FA:<+' *">+::A;;+*+' *"' #$:#);+#$%&' *"' <":#+&#=+>E' ";' #A-./+0,;) i7;' #A<":#$Al*$#"E' ?A:
"N"<?;A' )&' +)@A:X' 4V49.) B48,/) 4) 8,3) 2/,9>+6,31) ?)">' Q>@A>E' >$"&*A' ;A>' <$><A>E' @$"&"&' <M>' J+;A:' "&
<+&A>'*";'#A&>)<$*A:'B)"'"&'<+&A>'*";'?:A*)#@A:E':+H%&'?A:';+'#)+;'";'#A<":#$A'*"G"'>":'#A&>$*":+*A
">@:$#@+<"&@"'#A<A'+#@A'*"'?:A*)##$%&jCT\'8":A';A'#$":@A'">'B)"';+>'<":#+&#=+>'&A'>"'?+(+&'*A>'J"#">E
)&+'?A:'>)'J+;A:'*"')>A'D'A@:+'?A:'>)'J+;A:C'['>$'?+:+'";'#A<?:+*A:'";'J+;A:'*"')>A'*"';+'<":#+&#=+'">
<M>'V@$;'B)"'?+:+'";'J"&*"*A:E'+'Q>@"';"'$&@":">+'<M>'B)"'+;'#A<?:+*A:'>)'FA:<+'"&'*$&":AC'6"'&A'>":
+>=E'&A';+'J"&*":=+C'6"'<A*A'B)"';A'<$><A'?A*:=+<A>'*"#$:'B)"'";'#A<?:+*A:':"+;$H+'">@:$#@+<"&@"')&
i+#@A'*"'8:A*)##$%&j'+;'#A&J":@$:'"&'*$&":AE'?A:'"N"<?;AE';+>'<"*$+>'B)"';"'J"&*"'";'#A<":#$+&@"C
!$' ;A' B)"' >"' #+<G$+' >A&' <":#+&#=+>' A' <":#+&#=+>' D' *$&":A' #A&' ";' <$><A' J+;A:' *"' #+<G$AE' ">' *"#$:E
.=>0B48.:6.31)">'$&&"(+G;"'B)"'&+*$"'?)"*"'>+#+:'*"';+'#$:#);+#$%&'<M>'J+;A:'*";'B)"'<"@$%'"&'";;+C'0A
">E'?)">E'+B)='*A&*"'>"'FA:<+';+'?;)>J+;=+C'7&'>)'FA:<+'?):+E'";'?:A#">A'*"'#$:#);+#$%&'*"'<":#+&#=+>
?:">)?A&"'";'$&@":#+<G$A'*"'"B)$J+;"&@">C'!$&'"<G+:(AE'"&';+':"+;$*+*';+>'#A>+>'&A'>"'?:">"&@+&'"&'@A*+
>)'?):"H+C'8+:@+<A>E'?)">E'*";'0:6./+4-D0,)9.):,).=>0B48.:6.3;
6">*"';)"(AE'"&'";'<":#+*A'&A'P+D'<M>'B)"'?A>""*A:">'*"'<":#+&#=+>E'D'";'?A*":'B)"'">@+>'?":>A&+>
?)"*"&' "N":#":' )&+>' >AG:"' A@:+>' ">E' ?):+' D' >$<?;"<"&@"E' ";' ?A*":' *"' >)>' :">?"#@$J+>' <":#+&#=+>C' ,+
*$J":>$*+*'<+@":$+;'*"';+>'<":#+&#=+>'">'";'<A@$JA'<+@":$+;'+'B)"':">?A&*"'";'#+<G$A'D'P+#"'B)"';A>
?A>""*A:">' *"' <":#+&#=+>' *"?"&*+&' ;A>' )&A>' *"' ;A>' A@:A>' D' J$#"J":>+E' ?)">@A' B)"' &$&()&A' *"' ";;A>
@$"&"'"&'>)>'<+&A>'";'AGN"@A'B)"'&"#">$@+E'D'"&'#+<G$A'@A*A>'?A>""&'";'B)"'&"#">$@+&';A>'*"<M>C'1)":+
*"'">@+'*$J":>$*+*'<+@":$+;E'*"'>)>'J+;A:">'*"')>AE'"&@:"';+>'<":#+&#=+>'&A'<"*$+'<M>'*$F":"&#$+'B)"';+
B)"'"S$>@"'"&@:"'>)'FA:<+'&+@):+;'D'>)'FA:<+'@:+&>F$():+*+E'A'>"+'"&@:"';+'<":#+&#=+'D'";'*$&":AC'L"'+B)=
?A:' B)Q' ;A>' ?A>""*A:">' *"' <":#+&#=+>' >%;A' >"' *$>@$&()"&' ;A>' )&A>' *"' ;A>' A@:A>' #A<A' J"&*"*A:">' A
?A>""*A:">'*"'<":#+&#=+>'D'#A<?:+*A:">'A'?A>""*A:">'*"'*$&":AC
!)?A&(+<A>'B)"E'(:+#$+>'+')&'<$>@":$A>A'?:$J$;"($AE'+;'B.:9.9,/);"'>"+'*+*A'J"&*":';+'<":#+&#=+'?A:
.:+0-4)*"'>)'J+;A:E'+'OOU'?A:'"N"<?;AE'+'?">+:'*"'B)"'>%;A'J+;"'OUUE'">'*"#$:E'#A&')&':"#+:(A'&A<$&+;
*";' OU' ?A:' #$"&@AC' 7;' J"&*"*A:' >"' "<GA;>+:ME' ?A:' @+&@AE' )&+' ?;)>J+;=+' *"' OUC' 8":AE' *">?)Q>' *"' >":
J"&*"*A:E' >"' #A&J$":@"' "&' #A<?:+*A:C' -PA:+E' >"' "&F:"&@+' #A&' )&' @":#":' ?A>""*A:' *"' <":#+&#=+>' B)"
P+#"' F)&#$A&">' *"' J"&*"*A:' D' B)"' (AH+E' +' >)' J"HE' *";' ?:$J$;"($A' *"' J"&*":' >)' <":#+&#=+' )&' OU' ?A:
#$"&@A' <M>' #+:+C' 0)">@:A' PA<G:"' P+G:M' (+&+*A' OU' #A<A' J"&*"*A:E' ?+:+' JA;J":' +' ?":*":' OU' #A<A
#A<?:+*A:CTW' 9$>@A' "&' >)' @A@+;$*+*E' ";' +>)&@A' >"' :"*)#"E' "&' "F"#@AE' +' B)"' 6,9,3' ;A>' ?A>""*A:">' *"
<":#+&#=+>' >"' ;+>' J"&*+&' )&A>' +' A@:A>' #A&' )&' OU' ?A:' #$"&@A' *"' /.+4/C,) >AG:"' >)' J+;A:E' B)"' ">
"S+#@+<"&@"';A'<$><A'B)"'>$';+>'J"&*$">"&'?A:';A'B)"'J+;"&C'7>@"'/.+4/C,)&A<$&+;'*"'2/.+0,3)$<?)">@A
+';+>'<":#+&#=+>'#A&'#+:M#@":'("&":+;'?:A*)#"';A>'<$><A>'"F"#@A>'B)"'>$E'?A:'"N"<?;AE';A>'J+;A:">'*"';+>
<":#+&#=+>'>"'@+>+>"&'"&'?;+@+'"&'J"H'*"'@+>+:>"'"&'A:AC',+>'"S?:">$A&">'"&'*$&":AE'">'*"#$:E';A>'?:"#$A>
*"';+>'<":#+&#=+>E'#:"#":=+&E'?":A'>)>'?:A?A:#$A&">'*"'J+;A:'?":<+&"#":=+&'$&J+:$+G;">C
!)?A&(+<A>E'?A:'";'#A&@:+:$AC'B)"'">'";'#A<?:+*A:'B)$"&'@$"&"'";'?:$J$;"($A'*"'#A<?:+:';+>'-./+4:+F43
2,/' 9.D4I,) *"' >)' J+;A:C' 0A' P+#"' F+;@+' >$B)$":+' :"#A:*+:' B)"' ";' #A<?:+*A:' >":ME' +' >)' J"HE' #)+&*A' ;"
;;"()"'";'@):&AE'J"&*"*A:C'3"NA:'*$#PAC';A'54)309,)E41)+&@">'*"'+#@)+:'#A<A'#A<?:+*A:C'8A:'@+&@AE'+&@">
*"'(+&+:E'#A<A'#A<?:+*A:E'";'OU'?A:'#$"&@AE'P+G:M'?":*$*A';+'<$><+'>)<+'#A<A'J"&*"*A:CT`'0A'P+G:M
#+<G$+*A'+G>A;)@+<"&@"'&+*+C
,+'#:"+#$%&'*"';+'?;)>J+;=+'DE'?A:'@+&@AE';+'@:+&>FA:<+#$%&'*";'*$&":A'"&'#+?$@+;E'&A'?)"*"E'#A<A'>"'J"E
@"&":'>)'"S?;$#+#$%&'"&'";'P"#PA'*"'B)"'";'B.:9.9,/)B.:94);+>'<":#+&#=+>'?A:'-S3)*"';A'B)"'J+;"&'A'";
#A<?:+*A:';+>'+*B)$":+'?A:'-.:,3)*"'>)'J+;A:CTa
[' ";' ?:AG;"<+' &A' >"' >$<?;$F$#+E' &$' <)#PA' <"&A>E' *">;$H+&*A' *"' #A&@:+G+&*A' F+#@A:">' +N"&A>' +' Q;E
*$#$"&*AE' ?A:' "N"<?;AE' #A&' ";' #A:A&";' .A::"&>R' i,+' *"<+&*+' "F"#@$J+' #A&>$>@"' "&' ;+' #+?+#$*+*' "
$&#;$&+#$%&mn^'*";'+,:3>-09,/)+'*+:'?A:';+>'<":#+&#=+>E'<"*$+&@"'$&@":#+<G$A'*$:"#@A'A'$&*$:"#@AE')&+
*"@":<$&+*+' ?A:#$%&' *"' $&(:"*$"&@">' *";' #+?$@+;E' >)?":$A:' +' ;+' B)"' #)">@+' >)' ?:A*)##$%&CjTb' 7&' ;+
#$:#);+#$%&E' ?:A*)#@A:">' D' #A&>)<$*A:">' >%;A' >"' "&F:"&@+&' #A<A' J"&*"*A:">' D' #A<?:+*A:">E
:">?"#@$J+<"&@"C' -F$:<+:' B)"' ;+' ?;)>J+;=+' *";' ?:A*)#@A:' @$"&"' >)' A:$("&' "&' ";' P"#PA' *"' B)"' ;A>
#A&>)<$*A:">' ?+(+&' ;+' <":#+&#=+' 2,/) .:+0-4) *"' >)' J+;A:E' "B)$J+;"' +' <+&@"&":' "<GAH+*+<"&@"' ;+
>"&#$;;+' @">$>' *"' B)"' ;A>' ?A>""*A:">' *"' <":#+&#=+>' @$"&"&E' #A<A' B.:9.9,/.31) ";' ?:$J$;"($A' *"' J"&*":
*"<+>$+*A' #+:AC' !$' ";' J"&*"*A:' ?:A*)#"' *$:"#@+<"&@"' ;+' <":#+&#=+' A' :"?:">"&@+' +' >)' ?:A*)#@A:E' ";
#A<?:+*A:E' +' >)' J"HE' P+' ?:A*)#$*A' ?":>A&+;<"&@"' ;+' <":#+&#=+' <+@":$+;$H+*+' "&' >)' *$&":AE' A
:"?:">"&@+E'?A:';A'<"&A>E'+'>)'?:A*)#@A:C'!A&E'?)">E'*A>'?:A*)#@A:">';A>'B)"'>"'"&F:"&@+&C',A'V&$#A'B)"
;A>'>"?+:+' ">'B)"'";' )&A'#A<?:+' D'";'A@:A' J"&*"C' !A>@"&$"&*A' B)"' ";' ?A>""*A:' *"' <":#+&#=+>E' +;' B)"
*+<A>'";'&A<G:"'*"'2/,9>+6,/1)J"&*+';+'<":#+&#=+'?A:'<"&A>'*"';A'B)"'J+;"E'B)"'G+NA'";'&A<G:"'*"
+,:3>-09,/);+'?+(+'<M>'#+:+E'&A'+J+&H+:"<A>'&$')&'>A;A'?+>ACTc
8A:'">A';A>'B)"'<+&@$"&"&'#A&>"#)"&@"<"&@"';+'$;)>$%&'*"'B)"';+'28>3B48F4)G:A@+'*"')&':"#+:(A'&A<$&+;
*"'?:"#$A>E'A'>"+'*"')&'?:$J$;"($A'B)"'?":<$@"#+;)B.:9.9,/)J"&*":';+'<":#+&#=+'?A:'<M>'*"';A'B)"'J+;"E
?+:@"&'*"';+'"S$>@"&#$+'*"')&+'+843.)B)"' +,-2/4) 30:) B.:9./1) AE' ;A' B)"' ">' ;A' <$><AE' B)"'+,:3>-.) 30:
2/,9>+0/;)-@"&$Q&*A&A>'+;'?)&@A'*"'J$>@+'"&'B)"'">@+<A>'#A;A#+*A>E'+;'?)&@A'*"'J$>@+'*"';+'#$:#);+#$%&
>$<?;"E' ;+' "S$>@"&#$+' *"' ">+' #;+>"' ">E' ?+:+' &A>A@:A>E' ?A:' ";' <A<"&@AE' )&' P"#PA' $&"S?;$#+G;"C' 8":AE
+*";+&@"<A>')&'?A#A';A'B)"'P+G:M'*"'"S?A&":>"'"&'>)';)(+:C'7;'*$&":A'*"'B)"'>"'>$:J+'">+'#;+>"'?+:+'>)>
#A&@$&)+>'#A<?:+>'*"G":M'+F;)$:'+'";;+'*$:"#@+<"&@"'D'*"')&'<A*A'#A&>@+&@"'*">*"';A>'?A>""*A:">'*"
<":#+&#=+>E' 30:) +4-D0,1) C/46>064-.:6.1) "&' J$:@)*' *"' *"@":<$&+*A>' @=@);A>' N):=*$#A>' A' ?A:' AG:+' *"' ;+
J$A;"&#$+C' 9"&*":' ">@+' #;+>"' ;+>' <":#+&#=+>' ?A:' <M>' *"' ;A' B)"' J+;"&' "B)$J+;"' >"&#$;;+<"&@"' +
:""<GA;>+:>"'?A:'";'"&(+YA'*"')&+'?+:@"'*";'*$&":A'+::"G+@+*A'>$&'*+:'&+*+'+'#+<G$ACZU'->='?A:'"N"<g
?;AE';+>'#$)*+*">'*";'->$+'3"&A:'?+(+G+&'+'/A<+'@A*A>';A>'+YA>')&'@:$G)@A'"&'*$&":AC'4A&'">@"'*$&":AE
/A<+';">'#A<?:+G+'<":#+&#=+>E'?+(M&*A;+>'?A:'<M>'*"'>)'J+;A:C',A>'P+G$@+&@">'*"';+>'#$)*+*">'#A&g
B)$>@+*+>' "&(+Y+G+&' +' ;A>' :A<+&A>E' +::+&#+&*A' +' >)>' #A&B)$>@+*A:">E' ?A:' <"*$A' *";' #A<":#$AE' )&+
?+:@"'*";'@:$G)@AC'-'?">+:'*"'">@AE';A>'"&(+Y+*A>'>"()=+&'>$"&*A'";;A>E';A>'J"&*"*A:">E'?)">@A'B)"';A>
:A<+&A>';">'?+(+G+&'>)>'<":#+&#=+>'#A&'>)'?:A?$A'*$&":AC'0A'">'Q>@"E'"J$*"&@"<"&@"E')&'<Q@A*A'?+:+
"&:$B)"#":>"'&$'?+:+'#:"+:'?;)>J+;=+C
-@"&(M<A&A>E' ?A:' @+&@AE' +' ;A>' ;=<$@">' *";' #+<G$A' *"' <":#+&#=+>E' "&' ";' B)"' ;A>' J"&*"*A:">' >A&
#A<?:+*A:">' D' Q>@A>E' +' >)' J"HE' J"&*"*A:">C' 0)">@:+' ?":?;"N$*+*' ?:AJ$"&"E' +#+>AE' *"' B)"' &A>' P"<A>
;$<$@+*A'+'"&FA#+:';+>'?":>A&+>'#A<A'+46.C,/F43)2./3,:0<0+4943)D'&A'#A&'>)'?":>A&+;$*+*'0:90B09>48;
8)"*"'A#)::$:'B)"'";'?A>""*A:'*"'<":#+&#=+>'-'>"+'@+&'+>@)@AE'B)"'"&(+Y"'+'>)>'#A;"(+>'h'A'4'D'B)"
Q>@A>E'?">"'+'@A*+'>)'G)"&+'JA;)&@+*E'&A'>"+&'#+?+#">'*"'@A<+:>"';+':"J+&#P+C'-'J"&*"'+'h'J$&A'?A:
J+;A:'*"'\U';$G:+>'">@":;$&+>'D':"#$G"'+)#+<G$A'@:$(A'?A:'J+;A:'*"'WU';$G:+>C'3"*$+&@"'">@+'A?":+#$%&'-
P+G:M'#A&J":@$*A'>)>'\U';$G:+>'"&'WUE'>+#+&*A'<M>'*$&":A'*";'B)"'$&J$:@$%'D'@:+&>FA:<+&*A'>)'<":#+&#=+
"&'#+?$@+;C'2G>":J"<A>';+'#A>+'<M>'*"'#":#+C'-&@">'*"':"+;$H+:>"'">@+'A?":+#$%&E'@"&=+<A>'"&'<+&A>'*"
-'J$&A'?A:'J+;A:'*"'\U';$G:+>'">@":;$&+>E'D'"&'<+&A>'*"'h'@:$(A'?A:'J+;A:'*"'WU';$G:+>E'A'>"+E')&'B48,/
6,648)*"'cU';$G:+>'">@":;$&+>C'/"+;$H+*+';+'A?":+#$%&E'";'J+;A:'@A@+;'>$()"'>$"&*A'.8)-03-,Q)cU';$G:+>C'7;
J+;A:'#$:#);+&@"'&A'P+'+)<"&@+*A'&$')&'M@A<AR';A'V&$#A'B)"'P+'J+:$+*A'">'>)'9036/0D>+07:)"&@:"'")E)UC
,A'B)"'*"')&';+*A'+?+:"#"'#A<A'28>3B48F41)">'*";'A@:A';+*A'-0:>3B48F4G);A'B)"'*"')&+'?+:@"':"?:">"&@+
)&'<M>E':"?:">"&@+'*"';+'A@:+')&'<"&A>C'!$'"'P)G$">"':AG+*A'+G$":@+<"&@"';+>'OU';$G:+>'+'UE'>$&'()+:*+:
;+>' FA:<+>' *";' $&@":#+<G$AE' ";' :">);@+*A' >":$+' ";' <$><AC' 7>' "J$*"&@"' B)"' ;+' >)<+' *"' ;A>' J+;A:">
#$:#);+&@">'&A'+)<"&@+E'&$'?)"*"'+)<"&@+:E'?A:'<)#PA>'#+<G$A>'B)"'>"'A?":"&'"&'>)'*$>@:$G)#$%&E'*";
<$><A'<A*A'B)"';+'<+>+'*"';A>'<"@+;">'?:"#$A>A>'"S$>@"&@">'"&')&'?+=>'&A'+)<"&@+'?A:'";'P"#PA'*"
B)"')&'N)*=A'J"&*+')&'#Q&@$<A'*";'@$"<?A'*"';+':"$&+'-&+'?A:')&+'()$&"+C',+'#;+>"'#+?$@+;$>@+'*"')&
?+=>'&A'?)"*"'"&(+Y+:>"'+'>$'<$><+'"&'G;AB)"CZO
8A:'<)#P+>'J)";@+>'B)"';"'*"<A>E'";':">);@+*A'>":M'>$"<?:"'";'<$><AC'!='>"'#+<G$+&'"B)$J+;"&@">E'&A
>"' ?:A*)#"' ?;)>J+;=+E' &$' >"' ?:A*)#"' @+<?A#A' +)&B)"' >"' #+<G$"&' J+;A:">' &A' "B)$J+;"&@">CZT) ,+
#$:#);+#$%&'A'";'#+<G$A'*"'<":#+&#=+>'&A'#:"+'J+;A:'CZZ
7>+' ">' ;+' :+H%&' *"' B)"' "&' &)">@:A' +&M;$>$>' *"' ;+' <,/-4) DS30+4) *";' +4206481) *"' ;+' FA:<+' "&' B)"' Q>@"
*"@":<$&+' ;+' A:(+&$H+#$%&' "#A&%<$#+' *"' ;+' >A#$"*+*' <A*":&+E' ?:">#$&*+<A>' @A@+;<"&@"E' ?A:' ";' <Ag
<"&@AE' *"' >)>' <+&$F">@+#$A&">' J);(+:">' D' +&@"*$;)J$+&+>E' ?A:' *"#$:;A' +>=R' ";' +420648) +,-./+048) E) .8
+420648)4)0:6./P3;
7&'";'J":*+*":A'+420648)+,-./+048)">'*A&*"'>"'?:">"&@+'#A&'<+DA:'?):"H+';+'FA:<+'A)?)@)?)A1)#A<?:+:
?+:+'J"&*":'<M>'#+:AC'-*"<M>E'@A*A'Q;'>"'<)"J"'9.:6/,)9.)84)7/D064)9.)84)+0/+>84+07:;)8":AE'#A<A'">
$<?A>$G;"' "S?;$#+:' ;+' @:+&>FA:<+#$%&' *";' *$&":A' "&' #+?$@+;E' ;+' #:"+#$%&' *"' ?;)>J+;=+E' +@"&$Q&*A>"
"S#;)>$J+<"&@"' +' ;+' #$:#);+#$%&E' ";' #+?$@+;' #A<":#$+;' >"' :"?:">"&@+' #A<A' )&+' $<?A>$G$;$*+*' #)+&*A
J":>+' >AG:"' ";' #+<G$A' *"' .=>0B48.:6.31Z\) E) 2,/) ">A' ?:A#):+' "S?;$#M:>";"' ?A:' ";' *AG;"' .:C4V,) *"' ;A>
?:A*)#@A:">'*"'<":#+&#=+>'B)"';+>'#A<?:+&'D';+>'J"&*"&'D'B)"'>A&'J=#@$<+>E'?A:'$()+;E'*";'#A<":#$+&@"
B)"'?+:+>$@+:$+<"&@"'>"'$&@":?A&"'"&@:"')&A>'D'A@:A>C'7&'">@"'>"&@$*AE'*$#"'1:+&o;$&R'i'4)()"::+).3)>:
/,D,G).8)+,-./+0,1)>:4).364<4;WZW)8+:+'B)"';+'B48,/0H4+07:)9.8)+420648)+,-./+048)&A'>"'&A>':"?:">"&@"
#A<A')&+'>$<?;"'">@+F+'*"'B)"'>"'P+#"'J=#@$<+'+';A>'?:A*)#@A:">'*"'<":#+&#=+>E'@$"&"'B)"'*+:>"')&+
;+:(+'>":$"'*"'">;+GA&">'$&@":<"*$A>E'B)"E'?A:'";'<A<"&@AE'&A'>"'*+&E''?)">@A'B)"'+B)='&A>'P"<A>'*"
+@"&":'+';+'#$:#);+#$%&'*"'<":#+&#=+'"&'>)')+>?"#@A'>$<?;"C
[' ;A' B)"' *"#$<A>' *";' +420648) +,-./+048) ">' @+<G$Q&' +?;$#+G;"E' "&' ' <+DA:' (:+*A' @A*+J=+' +;' +420648) 4
0:6./P3;)7&'";'#+?$@+;'#A<":#$+;E';A>'*A>'"S@:"<A>E'";'*";'*$&":A'B)"'>"';+&H+'+;'<":#+*A'D'";'*";'*$&":A
B)"'"&'#+&@$*+*'<+DA:'>"':"@$:+'X'*"''Q;C''+?+:"#"&'?A:';A'"&;+H+*A>'<"*$+&@"')&+'#A<?:+'D')&+'J"&@+E
<"*$+&@"'";'-,B0-0.:6,)*"';+'#$:#);+#$%&C'7&'#+<G$AE'"&'";''+420648)4)0:6./P3);+'FA:<);+)6'X'3'X'6d'>"
:"*)#"' +' ;A>' *A>' "S@:"<A>' ">#)"@A>' 6' X' 6d' *$&":A' B)"' >"' #+<G$+' ?A:' <M>' *$&":AE' F%:<);+' B)"
#A&@:+*$#"' +' ;+' &+@):+;"H+' *";' *$&":A' D' B)"' ">E' ?A:' @+&@AE' $&"S?;$#+G;"' 9.39.) .8) 1) 2>:6,) 9.) *0364) 9.8
+4-D0,) 9.) -./+4:+F43;) 8A:' ">A' *$#"' -:$>@%@";">R' i#A<A' ;+' #:"<+@=>@$#+' ">' *"' *A>' #;+>">E' )&+' ?+:+' ";
#A<":#$A'D'A@:+'?+:+';+'"#A&A<=+E'">@+'V;@$<+'&"#">+:$+'D';+)*+G;"E';+'?:$<":+E'"&'#+<G$AE'G+>+*+'"&';+
#$:#);+#$%&' D' #A&' :+H%&' #"&>):+*+E' m?)">' &A' *">#+&>+' "&' ;+' &+@):+;"H+E' >$&A' "&' ";' <)@)A' "&(+YA^E' ;+
>3>/4)">'A*$+*+E'D'#A&'@A*+':+H%&E'?)">'+B)='";'*$&":A'">'F)"&@"'*$:"#@+'*"';)#:A'D'&A'>"'"<?;"+'?+:+';A
B)"'>"'$&J"&@%'8)">'";'*$&":A'>"'#:"%'?+:+'";'+4-D0,)9.)-./+4:+F43)D'";'$&@":Q>'P+#"'*";'*$&":A'<M>
*$&":AC' 6"' +P=' >)' &A<G:"' m"#$#%E) B)"' "&' (:$"(A' B)$":"' *"#$:' $&@":Q>' D' #:$+@):+^E' ?)">' ;+>' #:$+@):+>
>"<"N+&'>$"<?:"'+;'#:$+*A:C'['";'$&@":Q>'">'*$&":A'*"'*$&":AE'">'*"#$:E';+'<M>'+&@$&+@):+;'*"'@A*+>';+>
:+<+>'*"';)#:ACjZ`
7&' ";' #):>A' *"' &)">@:+' $&J">@$(+#$%&E' &A>' "&#A&@:+:"<A>' #A&' ";' +420648) +,-./+048) E) +,:) ";' +420648) 4
0:6./P31) #A<A' FA:<+>' 9./0B49431) D' J":"<A>' @+<G$Q&' ?A:' B)QE' 50367/0+4-.:6.1) ">@+>' FA:<+>' >A&' 4:6.X
/0,/.3)+';+'<,/-4)DS30+4)<A*":&+'*";'#+?$@+;C
L"<A>' J$>@A' B)"' ;+' ?;)>J+;=+' &A' ?)"*"' G:A@+:' *"' ;+' #$:#);+#$%&E' B)"E' ?A:' @+&@AE' +;' #:"+:>"E' @$"&"
&"#">+:$+<"&@"'B)"'A?":+:'4)3>3).3248943)#A<A'+;(A'0:B030D8.)"&'>='<$><+CZa'8":A'e">'B)"';+'?;)>J+;=+
?)"*"'G:A@+:'9.),6/4)<>.:6.)B)"'&A'>"+';+'#$:#);+#$%&f',+'#$:#);+#$%&'">';+'>)<+'*"'@A*+>';+>':";+#$A&">
*"'#+<G$A'B)"'>"'">@+G;"#"&'"&@:"';A>'?A>""*A:">'*"'<":#+&#=+>C'1)":+'*"';+'#$:#);+#$%&E'";'?A>""*A:
*"'<":#+&#=+>'&A'>"':";+#$A&+'<M>'B)"'#A&';+>'<":#+&#=+>'*"'>)'?:A?$"*+*C'8A:';A'B)"'>"':"F$":"'+'>)
B48,/1)";'?:AG;"<+'>"':"*)#"'+'B)"';+>'<":#+&#=+>'"&#$"::+&')&+'#+&@$*+*'*"'@:+G+NA'?:A?$AE'<"*$*+'#A&
+::"(;A'+'*"@":<$&+*+>':"(;+>'>A#$+;">C'7>@+'#+&@$*+*'*"'@:+G+NA'>"'"S?:">+'"&';+'-4C:06>9)9.)B48,/)*"
;+'<":#+&#=+'DE'#A<A';+'<+(&$@)*'*"'J+;A:'>"':"?:">"&@+'?A:'";'*$&":A'+:$@<Q@$#A4#&A'>"'@:+*)#"'"&')&
2/.+0,1)B;)C/;)*"'OU';$G:+>'">@":;$&+>C'8":A'>)'@:+G+NA'&A'>"'@:+*)#"'"&'";'J+;A:'*"';+'<":#+&#=+E'&$'"&')&
>)?":MJ$@'*"'>)'?:A?$A'J+;A:E'JC'C/;)"&')&'?:"#$A'*"'OU'B)"':"?:">"&@+E'+;'<$><A'@$"<?AE')&'?:"#$A'*"
OOE'"&')&'J+;A:'3>2./0,/)4)3F)-03-,;)7;'?A>""*A:'*"'<":#+&#=+>'?)"*"E'#A&'>)'@:+G+NAE'+/.4/)B48,/.31
?":A'&A'B48,/.3)=>.).:C.:9/.:):>.B,)B48,/;)8)"*"'+)<"&@+:'";'J+;A:'*"')&+'<":#+&#=+E'+Y+*$"&*A'+;
J+;A:'"S$>@"&@"'&)"JA'J+;A:'<"*$+&@"')&'&)"JA'@:+G+NAE'JC'C/;)#A&J$:@$"&*A'";'#)":A'"&'GA@+>C''4)-03-4
-46./041)";'#)":AE'"&#"::+:M'+PA:+'<M>'J+;A:E'?)">@A'B)"'#A&@$"&"')&+'#+&@$*+*'<+DA:'*"'@:+G+NAC',+>
GA@+>'J+;"&'<M>'B)"'";'#)":AE'$&*)*+G;"<"&@"E'?":A'";'J+;A:'*";'#)":A'>$()"'>$"&*A'";'B)"'":+C'0A'P+
"&("&*:+*A')&':>.B,)B48,/1)&$'P+'+::AN+*A'?;)>J+;=+'*):+&@"';+'F+G:$#+#$%&'*"';+>'GA@+>C'7>'$<?A>$G;"E
?A:'@+&@AE'B)"'";'?:A*)#@A:#*"'<":#+&#=+>E'<>./4)*"';+'%:G$@+'*"';+'#$:#);+#$%&E'>$&'"&@:+:'"&'#A&@+#@A
#A&',6/,3)?A>""*A:">'*"'<":#+&#=+>E'B48,/0+.)3>)B48,/1)@:+&>FA:<+&*AE'?A:'@+&@AE'"&'#+?$@+;E'";'*$&":A'A
;+'<":#+&#=+C
4A<A' >"' J"E' ";' #+?$@+;' &A' ?)"*"' G:A@+:' *"' ;+' #$:#);+#$%&E' &$' ?)"*"' G:A@+:' @+<?A#A' F)":+' *"' ;+
#$:#);+#$%&C'.$"&"'&"#">+:$+<"&@"'B)"'G:A@+:'"&'";;+'D'F)":+'*"'";;+E'+;'<$><A'@$"<?AC
$+-,%)784#1*-84#%#*.#/79+-#(-8*+3%/7C
,+'@:+&>FA:<+#$%&'*";'*$&":A'"&'#+?$@+;'P+'*"'$&J">@$(+:>"'+'G+>"'*"';+>';"D">'$&<+&"&@">'+;'#+<G$A'*"
<":#+&#=+>E'@A<+&*AE'?A:'@+&@AE'#A<A'?)&@A'*"'?+:@$*+'";'+4-D0,)9.).=>FB48.:6.3;Zb)Y>.36/,C'?A>""*A:
*"' *$&":AE' B)"E' ?A:' ";' <A<"&@AE' &A' ">' <M>' B)"' )&+' ;+:J+' *"' #+?$@+;$>@+E' @$"&"' &"#">+:$+<"&@"' B)"
#A<?:+:';+>'<":#+&#=+>'?A:';A'B)"'J+;"&'D'B)"'J"&*":;+>'?A:'>)'J+;A:E'D'>$&'"<G+:(AE'>+#+:'+;'F$&+;'*"
">@"'?:A#">A'<M>'J+;A:'*";'B)"'$&J$:@$%C'!)'<"@+<A:FA>$>'"&'<+:$?A>+'@$"&"'B)"'A?":+:>"'"&';+'%:G$@+'*"
;+'#$:#);+#$%&'D'<>./4'*"'";;+'+')&'@$"<?A'<$><AC'.+;">'>A&';+>'#A&*$#$A&">'*";'?:AG;"<+"#Z0+)[5,9>31
50+)34864\)M]^_
:"#67)1(%#;#<-.3%#/-#+%#&*-(=%#/-#3(%9%>7
,+' 6/4:3<,/-4+07:) 9.) B48,/) *";' *$&":A' ;;+<+*A' +' #A&J":@$:>"' "&' +420648) :,) ?)"*"' A?":+:>"' "&' ">@"
<$><A'*$&":AE'?)">'";'*$&":AE'#A<A'<"*$A'*"'#A<?:+'D'<"*$A'*"'?+(AE'&A'P+#"'<M>'B)"'/.480H4/)";
?:"#$A' *"' ;+' <":#+&#=+' B)"' #A<?:+' A' ?+(+E' <+&@"&$Q&*A>"' $&+;@":+G;"' "&' >)' FA:<+' ("&)$&+E' #A<A
#:$>@+;$H+#$%&'*"')&+'<+(&$@)*'?":<+&"&@"'*"'J+;A:CZc',+'@:+&>FA:<+#$%&'*";'*$&":A'"&'#+?$@+;'&A'?)"*"
G:A@+:'@+<?A#A'*"';+'>"()&*+'F+>"'*"';+'#$:#);+#$%&E'*"';+':"J"&@+'*"';+'<":#+&#=+E'?)">'">@"'+#@A'>"
;$<$@+'+'#A&J":@$:'&)"J+<"&@"';+'<":#+&#=+'*"'>)'FA:<+'&+@):+;'"&';+'FA:<+'*$&":AC'8A:'@+&@AE';+'@:+&>g
FA:<+#$%&' @$"&"' &"#">+:$+<"&@"' B)"' A?":+:>"' "&' ;+' -./+4:+F4) #A<?:+*+' "&' ;+' ?:$<":+' F+>"E' 6' X' 3E
?":A'&A'"&'>)'B48,/1)?)">@A'B)"'";'#+<G$A'J":>+'>AG:"'"B)$J+;"&@">'D';+'<":#+&#=+'>"'?+(+'?A:';A'B)"
J+;"C',+'@:+&>FA:<+#$%&'+'B)"'&A>':"F":$<A>'>%;A'?)"*"E'?)">E'G:A@+:'*"'>)'B48,/)9.)>3,)+,-,)6481)">
*"#$:E'*"'>)'+,:3>-,;)8":AE'?+:+'?A*":'AG@"&":'J+;A:'*";'#A&>)<A'*"')&+'<":#+&#=+E'&)">@:A'?A>""*A:
*"' *$&":A' @$"&"' B)"' >":' @+&' +FA:@)&+*A' B)"E' 9.:6/,) 9.) 84) 7/D064) 9.) 84) +0/+>84+07:1) "&' ";' <":#+*A
*">#)G:+' )&+' <":#+&#=+' #)DA' B48,/) 9.) >3,) ?A>"+' ;+' ?":"(:$&+' #)+;$*+*' *"' >":' <>.:6.) 9.) B48,/1) +>E,
#A&>)<A'"F"#@$JA'F)">"E'?)">E'+;'?:A?$A'@$"<?AE'-46./0480H4+07:)9.)6/4D4I,1)E1)?A:'@+&@AE'+/.4+07:)9.
B48,/;)`1)"&'"F"#@AE'";'?A>""*A:'*"'*$&":A'"&#)"&@:+'"&'";'<":#+*A'">@+'<":#+&#=+'.32.+F<0+4Q);+'+424+0X
949)9.)6/4D4I,),)84)<>./H4)9.)6/4D4I,;
7&@"&*"<A>'?A:'+424+0949),)<>./H4)9.)6/4D4I,)";'#A&N)&@A'*"';+>'#A&*$#$A&">'F=>$#+>'D'">?$:$@)+;">'B)"
>"' *+&' "&' ;+' #A:?A:"$*+*E' "&' ;+' ?":>A&+;$*+*' J$J$"&@"' *"' )&' PA<G:"' D' B)"' Q>@"' ?A&"' "&' +##$%&' +;
?:A*)#$:'J+;A:">'*"')>A'*"'#)+;B)$":'#;+>"C
!$&'"<G+:(AE'?+:+'B)"'";'?A>""*A:'*"'*$&":A'?)"*+'"&#A&@:+:'"&'";'<":#+*AE'#A<A')&+'-./+4:+F41);+
F)":H+' *"' @:+G+NAE' @$"&"&' B)"' #A&#)::$:' *$J":>+>' #A&*$#$A&">C' 7;' #+<G$A' *"' <":#+&#=+>' &A' $<?;$#+' *"
>)DA'<M>'/.84+0,:.3)9.)9.2.:9.:+04)B)"';+>'B)"'>"'*">?:"&*"&'*"'>)'?:A?$A'#+:M#@":C'-::+&#+&*A'*"
">@+'?:"<$>+E';+'<>./H4)9.)6/4D4I,)378,)?)"*"'+?+:"#":'"&'";'<":#+*AE'#A<A')&+'-./+4:+F41)>$"<?:"'D
#)+&*A' B)"' >"+' AF:"#$*+' D' J"&*$*+' +,-,) >:4) -./+4:+F4) 2,/) 3>) 2/,20,) 2,3..9,/1) ">' *"#$:E' ?A:' ;+
?":>A&+' +' B)$"&' ?":@"&"#"C' 8+:+# B)"' Q>@"E' >)' ?A>""*A:E' ?)"*+' J"&*":;+' #A<A' )&+' <":#+&#=+E' ">
&"#">+:$A' B)"' *$>?A&(+' *"' ";;+E' ">' *"#$:E' B)"' >"+' 80D/.) 2/,20.64/0,) *"' >)' #+?+#$*+*' *"' @:+G+NAE' *"' >)
?":>A&+C\U'7;'?A>""*A:'*"';+'F)":H+'*"'@:+G+NA' D' ";' ?A>""*A:'*";' *$&":A' >"' "&F:"&@+&'"&'";' <":#+*A' D
#A&@:+@+&'*"'$()+;'+'$()+;'#A<A'2,3..9,/.3)9.)-./+4:+F431)>$&'<M>'*$>@$&#$%&'&$'*$F":"&#$+'B)"';+'*"
B)"')&A'">'#A<?:+*A:'D'";'A@:A'J"&*"*A:R'+<GA>'>A&E'?A:'@+&@AE'2./3,:43)I>/F90+4-.:6.)0C>48.3;)8+:+
B)"'">@+':";+#$%&'>"'<+&@"&(+'+';A';+:(A'*";'@$"<?A' ">E' ?)">E'&"#">+:$A'B)"' ";'*)"YA' *"';+' F)":H+' *"
@:+G+NA' >%;A' ;+' J"&*+' ?A:' +0./6,# 60.-2,1) ?)">' >$' ;+' J"&*"' "&' G;AB)"' D' ?+:+' >$"<?:"E' ;A' B)"' P+#"' ">
J"&*":>"'+'>='<$><AE'#A&J":@$:>"'*"';$G:"'"&'">#;+JAE'*"'?A>""*A:'*"')&+'<":#+&#=+'"&'<":#+&#=+C'7>
&"#">+:$A'B)"'";'*)"YA'*"';+'F)":H+'*"'@:+G+NAE'+,:309./49,)+,-,)2./3,:41)>"'#A<?A:@"'#A&>@+&@"<"&@"
:">?"#@A'+'>)'F)":H+'*"'@:+G+NA'#A<A':">?"#@A'+'+;(A'B)"';"'?":@"&"#"'D'B)"'">E'?A:'@+&@AE'>)'<":#+&#=+E
D'";'V&$#A'#+<$&A'?+:+'#A&>"()$:;A'">'B)"'>%;A';+'?A&(+'+'*$>?A>$#$%&'*";'#A<?:+*A:'D'>%;A';+'#"*+'+
Q>@"' ?+:+' >)' #A&>)<A' ?+>+N":+<"&@"E' ?A:' )&' *"@":<$&+*A' @$"<?AE' >$&' :"&)&#$+:' ?A:' @+&@AE' +' >)
2/,20.9491)+)&B)"'#"*+'+'A@:A'>)'*$>F:)@"C\O
,+'>"()&*+'#A&*$#$%&'">"&#$+;'B)"'P+'*"'*+:>"'?+:+'B)"'";'?A>""*A:'*"'*$&":A'"&#)"&@:"'"&'";'<":#+*A
;+'<>./H4)9.)6/4D4I,)+,-,'>:4)-./+4:+F41)">'B)"'>)'?A>""*A:E'&A'?)*$"&*A'J"&*":'-./+4:+F43)"&'B)"
>)'@:+G+NA'>"'<+@":$+;$#"E'3.)B.4),D80C49,)+'J"&*":'+,-,)>:4)-./+4:+F4)3>)2/,204)<>./H4)9.)6/4D4I,1
$*"&@$F$#+*+'#A&'>)'#A:?A:"$*+*'J$J+C
8+:+' ?A*":' J"&*":' -./+4:+F43) 90360:643) *"' >)' F)":H+' *"' @:+G+NAE' ";' PA<G:"' &"#">$@+' ?A>"":E
"J$*"&@"<"&@"E'-.90,3)9.)2/,9>++07:1)<+@":$+>'?:$<+>E'$&>@:)<"&@A>'*"'@:+G+NAE'"@#C'0A'?)"*"'P+#":
GA@+>'>$&'#)":AC'-*"<M>E'&"#">$@+'-.90,3)9.)B094;)0+*$"E'?A:'<)D'A?@$<$>@+'B)"'>"+E'?)"*"'J$J$:'*"';A>
?:A*)#@A>'*";'?A:J"&$:E'&$'?A:'@+&@A'*"'J+;A:">'*"')>A'+V&'&A'?:A*)#$*A>'?A:'#A<?;"@AE'DE'*">*"'";'*=+
"&'B)"'?$>+';+'">#"&+'*"';+'@$"::+E'";'PA<G:"'#A&>)<"'+&@">'*"'?A*":'?:A*)#$:'D'<$"&@:+>'?:A*)#"C'!$
>)>'?:A*)#@A>'>"'#:"+&'#A&'";'#+:M#@":'*"'-./+4:+F431)&"#">+:$+<"&@"'@$"&"&'B)"'J"&*":>"'*">?)Q>'*"
>)'?:A*)##$%&E'D'?A:'@+&@AE'>%;A'?)"*"&'>+@$>F+#":';+>'&"#">$*+*">'*";'?:A*)#@A:'9.32>P3)9.)B.:909,3;
-;'@$"<?A'&"#">+:$A'?+:+';+'?:A*)##$%&'P+D'B)"'+Y+*$:'";'@$"<?A'&"#">+:$A'?+:+';+'J"&@+C
8+:+'#A&J":@$:'";'90:./,).:)+4206481)";'?A>""*A:'*"'*$&":A'@$"&"E'?)">E'B)"'"&#A&@:+:>"'"&'";'-./+49,1
.:6/.) 843) -./+4:+F431) #A&' ";' ,D/./,) 80D/.G) 80D/.) "&' )&' *AG;"' >"&@$*AE' ?)">' *"' )&+' ?+:@"' P+' *"' ?A*":
*$>?A&":' ;$G:"<"&@"' *"' >)' F)":H+' *"' @:+G+NA' #A<A' *"' 3>' ?:A?$+' <":#+&#=+E' DE' *"' A@:+' ?+:@"E' &A' P+' *"
@"&":'A@:+>'<":#+&#=+>'B)"'AF:"#":'"&'J"&@+K'P+'*"'P+;;+:>"E'?)">E'>)";@AE'">#A@":A'D';$G:"'*"'@A*A>';A>
,DI.6,3)&"#">+:$A>'?+:+':"+;$H+:'?A:'#)"&@+'?:A?$+'>)'F)":H+'*"'@:+G+NAC
-;' ?A>""*A:' *"' *$&":AE' B)"' >"' "&#)"&@:+' #A&' ";' <":#+*A' *"' @:+G+NA' #A<A' *"?+:@+<"&@A' ">?"#$+;' *";
<":#+*A'*"'<":#+&#=+>E'&A';"'$&@":">+'>+G":'2,/)=>P)">@"'AG:":A';$G:"'>"'"&F:"&@+'#A&'Q;'"&';+'%:G$@+'*"
;+' #$:#);+#$%&C' 8A:' ";' <A<"&@AE' @+<?A#A' +' &A>A@:A>' &A>' $&@":">+' ">@"' ?:AG;"<+C' 0A>' +@"&"<A>
@"%:$#+<"&@"'+';A>'P"#PA>E'+';A>'<$><A>'P"#PA>'+'B)"'";'?A>""*A:'*"'*$&":A'>"'+@$"&"'?:M#@$#+<"&@"C
8":AE'P+D'+;(A'$&*$>#)@$G;"E'D'">'B)"';+'&+@):+;"H+'&A'?:A*)#"E'*"')&+'?+:@"E'?A>""*A:">'*"'*$&":A'A'*"
<":#+&#=+>E' D' *"' A@:+' ?+:@"' >$<?;">' ?A>""*A:">' *"' >)>' F)":H+>' ?":>A&+;">' *"' @:+G+NAC' 7>@"' ">@+*A' *"
#A>+>'&A'">E'"J$*"&@"<"&@"'AG:+'*"';+'5036,/04):46>/481)&$'">'@+<?A#A')&'">@+*A'*"'#A>+>'>A#$+;'#A<V&
+'@A*+>';+>'Q?A#+>'*"';+'P$>@A:$+C'7>E'$&*)*+G;"<"&@"E'";'F:)@A'*"')&'*">+::A;;A'P$>@%:$#A'?:"#"*"&@"E'";
?:A*)#@A' *"' )&+' ;+:(+' >":$"' *"' @:+&>FA:<+#$A&">' "#A&%<$#+>E' *"' ;+' *">@:)##$%&' *"' @A*+' )&+' >":$"' *"
FA:<+#$A&">'<M>'+&@$()+>'"&'";'#+<?A'*"';+'?:A*)##$%&'>A#$+;C
,+>'#+@"(A:=+>'"#A&%<$#+>'B)"'P"<A>'">@)*$+*A'*"N+&'@+<G$Q&'>)'P)";;+'P$>@%:$#+C'7&';+'"S$>@"&#$+'*";
?:A*)#@A' #A<A' -./+4:+F4) J+&' $<?;=#$@+>' #A&*$#$A&">' P$>@%:$#+>' *"@":<$&+*+>C' 8+:+' #A&J":@$:>"' "&
<":#+&#=+E'">'&"#">+:$A'B)"'";'?:A*)#@A':,)3.)+/..)+,-,)-.90,)90/.+6,)9.)3>D3036.:+04)24/4).8)2/,20,
2/,9>+6,/;) !=' P)G$Q:+<A>' >"()$*A' $&J">@$(+&*A' P+>@+' +J":$()+:' G+NA' B)Q' #A&*$#$A&">' ;A>' ?:A*)#@A>
6,9,3) ,) ;+' <+DA:=+' *"' ";;A>' :"J$>@"&' ;+' FA:<+' *"' -./+4:+F41' P+G:=+<A>' *">#)G$":@A' B)"' ">@A' >%;A
+#A&@"#"' +' G+>"' *"' )&' :Q($<"&' *"' ?:A*)##$%&' ">?"#=F$#A' D' #A&#:"@AE' ";'/PC0-.:) 9.) 2/,9>++07:) +420X
6480364;)8":A'">@+'$&J">@$(+#$%&'&A'@"&=+'&+*+'B)"'J":'#A&'";'+&M;$>$>'*"';+'<":#+&#=+C'7&'"F"#@AE'?)"*"
P+G":'?:A*)##$%&'D'#$:#);+#$%&'*"'<":#+&#=+>'+)&B)"';+'$&<"&>+'<+DA:=+'*"';A>'+:@=#);A>'?:A*)#$*A>
>"' *">@$&"&' +' #)G:$:' ;+>' ?:A?$+>' &"#">$*+*">' *"' >)>' ?:A*)#@A:">E' >$&' #A&J":@$:>"' ?A:' @+&@A' "&
-./+4:+F431)">'*"#$:E'+)&B)"'";'?:A#">A'>A#$+;'*"';+'?:A*)##$%&'&A'">@Q'?:">$*$*A'@A*+J=+'"&'@A*+>'>)>
?+:@">'?A:'";'J+;A:'*"'#+<G$AC',+'@:+&>FA:<+#$%&'*";'2/,9>+6,).:)-./+4:+F4);;"J+'#A&>$(A')&+'90B0307:
9.8)6/4D4I,)9.:6/,)9.)84)3,+0.949)@+&'*">+::A;;+*+E'B)"'"&'";;+'>"'#A&>)<+'";'*$JA:#$A'"&@:"'";'J+;A:'*"
)>A'D'";'J+;A:'*"'#+<G$AE'B)"'"&';+'F+>"'*";'6/>.=>.)90/.+6,)&A'P+#"'<M>'B)"'$&$#$+:>"C'8":A'">@+'F+>"'*"
?:A(:">A' >"' ?:">"&@+' D+' "&' ;+>' <M>' *$J":>+>' FA:<+#$A&">' "#A&%<$#+>' >A#$+;">' *"' B)"' &A>' P+G;+' ;+
P$>@A:$+C
!$' +&+;$H+<A>' .8) 90:./,1) J"<A>' B)"' Q>@"' ?:">)?A&"' )&' #$":@A' &$J";' *"' ?:A(:">A' "&' ";' #+<G$A' *"
<":#+&#=+>C' ,+>' *$J":>+>' <,/-43) .32.+048.3) 9.8) 90:./,Q) >$<?;"' "B)$J+;"&@"' *"' <":#+&#=+>E' <"*$A' *"
#$:#);+#$%&E'<"*$A'*"'?+(AE'+@">A:+<$"&@A'D'*$&":A'<)&*$+;E'+?)&@+&E'>"(V&'";'+;#+&#"'D';+'?:$<+#=+
:";+@$J+'*"')&+')'A@:+'F)&#$%&E'+'F+>">'<)D'*$J":>+>'*";'?:A#">A'*"'?:A*)##$%&'>A#$+;C'!$&'"<G+:(AE';+
"S?":$"&#$+'"&>"Y+'B)"E'?+:+'B)"'@A*+>'">@+>'FA:<+>'"S$>@+&E'G+>@+'#A&')&+'#$:#);+#$%&'*"'<":#+&#=+>
:";+@$J+<"&@"' ?A#A' *">+::A;;+*+C' 0A' +#A&@"#"' +>=' #A&' ";' +420648;) ,+>' #A&*$#$A&">' 50367/0+43) *"
"S$>@"&#$+'*"'Q>@"'&A'>"'*+&E'&$'<)#PA'<"&A>E'#A&';+'#$:#);+#$%&'*"'<":#+&#=+>'D'*"'*$&":AC'7;'#+?$@+;
>`;A'>):("'+;;='*A&*"'";'?A>""*A:'*"'<"*$A>'*"'?:A*)##$%&'D'*"'J$*+'"&#)"&@:+'"&'";'<":#+*A'+;',D/./,
80D/.) #A<A' J"&*"*A:' *"' >)' F)":H+' *"' @:+G+NAE' D' ">@+' +,:90+07:) 50367/0+4) "&J)";J"' @A*+' )&+' P$>@A:$+
)&$J":>+;C'8A:'">A'";'#+?0648)<+:#+E'*">*"'>)'+?+:$#$%&E')&+'P2,+4)"&'";'?:A#">A'*"';+'?:A*)##$%&'>A#$+;
;ab
6"@"&(M<A&A>'+'+&+;$H+:')&'?A#A'*"'#":#+'">@+'?":"(:$&+'<":#+&#=+'B)"'">'84)<>./H4)9.)6/4D4I,;)8A>""E
#A<A'@A*+>';+>'*"<M>'<":#+&#=+>E')&'B48,/;a])e4%<A'>"'*"@":<$&+'">@"'J+;A:f
7;' J+;A:' *"' ;+' F)":H+' *"' @:+G+NAE' #A<A' ";' *"' @A*+' A@:+' <":#+&#=+E' ;A' *"@":<$&+' .8) 60.-2,) 9.) 6/4D4I,
:.+.34/0,) ?+:+' ;+' ?:A*)##$%&E' $&#;)D"&*AE' ?A:' @+&@AE' ;+' :"?:A*)##$%&' *"' ">@"' +:@=#);A' ">?"#=F$#AC
4A&>$*":+*+' #A<A' J+;A:E' ;+' F)":H+' *"' @:+G+NA' &A' :"?:">"&@+' <M>' B)"' )&+' *"@":<$&+*+' #+&@$*+*' *"
@:+G+NA' >A#$+;' <"*$A' -46./0480H49,) "&' ";;+C' ,+' F)":H+' *"' @:+G+NA' >%;A' "S$>@"' #A<A' +#@$@)*' *";' >":
J$J$"&@"C' !)' ?:A*)##$%&' ?:">)?A&"E' ?A:' @+&@AE' ;+' "S$>@"&#$+' *"' ">@"C' [E' ?+:@$"&*A' *";' >)?)">@A' *"' ;+
"S$>@"&#$+' *";' $&*$J$*)AE' ;+' ?:A*)##$%&' *"' ;+' F)":H+' *"' @:+G+NA' #A&>$>@"' "&' ;+' :"?:A*)##$%&' A
#A&>":J+#$%&'*"'+B)Q;C'-PA:+'G$"&K'?+:+'>)'#A&>":J+#$%&E'";'>":'J$J$"&@"'&"#">$@+')&+'#$":@+'>)<+'*"
<"*$A>' *"' J$*+C' 8A:' @+&@AE' ";' @$"<?A' *"' @:+G+NA' &"#">+:$A' ?+:+' ?:A*)#$:' ;+' F)":H+' *"' @:+G+NA' J$"&"' +
:"*)#$:>"' +;' @$"<?A' *"' @:+G+NA' &"#">+:$A' ?+:+' ;+' ?:A*)##$%&' *"' ">@A>' <"*$A>' *"' J$*+R' A' ;A' B)"' ">' ;A
<$><AE'";'B48,/)9.)84)<>./H4)9.)6/4D4I,)">'";'B48,/)*"';A>'-.90,3)9.)B094):.+.34/0,3)?+:+'+>"():+:';+
>)G>$>@"&#$+'*"'>)'?A>""*A:C'!$&'"<G+:(AE';+'F)":H+'*"'@:+G+NA'>A;A'>"':"+;$H+'"N":#$@M&*A>"E'D'>%;A'>"
"N":#$@+' 6/4D4I4:9,;) "8) "N":#$@+:>"E' +;' @:+G+N+:E' >"' (+>@+' )&+' *"@":<$&+*+' #+&@$*+*' *"' <V>#);A>E' *"
&":J$A>E' *"' #":"G:A' P)<+&AE' "@#CE' B)"' ">' &"#">+:$A' :"?A&":E' -;' $&@"&>$F$#+:>"' ">@"' (+>@AE' @$"&"' B)"
$&@"&>$F$#+:>"'@+<G$Q&E'FA:HA>+<"&@"E'";'$&(:">ACaa)6">?)Q>'*"'P+G":'@:+G+N+*A'PADE'";'?:A?$"@+:$A'*"';+
F)":H+' *"' @:+G+NA' @$"&"' B)"' JA;J":' +' :"?"@$:' <+Y+&+' ";' <$><A' ?:A#">AE' "&' $*Q&@$#+>' #A&*$#$A&">' *"
F)":H+'D'>+;)*C'8A:'@+&@AE'O+'>)<+'*"'J=J":">'D'<"*$A>'*"'J$*+'P+G:M'*"'>":'?A:'F)":H+'>)F$#$"&@"'?+:+
<+&@"&":'+;'$&*$J$*)A'@:+G+N+*A:'"&'>)'">@+*A'&A:<+;'*"'J$*+'D'*"'@:+G+NAC',+>'&"#">$*+*">'&+@):+;">E'";
+;$<"&@AE'";'J">@$*AE';+'#+;"F+##$%&E';+'J$J$"&*+E'"@#CE'J+:=+&'#A&'+::"(;A'+';+>'#A&*$#$A&">'*";'#;$<+'D'+
;+>' *"<M>' #A&*$#$A&">' &+@):+;">' *"' #+*+' ?+=>C' -*"<M>E' .8) B,8>-.:) 9.) ;+>' 884-4943) :.+.30949.3
:46>/48.31)+>='#A<A'";'<A*A'*"'>+@$>F+#":;+>E'>A&'*"'>)DA'>:)2/,9>+6,)50367/0+,)B)"'*"?"&*"E'?A:'@+&@AE
"&'(:+&'?+:@"E'*";'&$J";'*"'#);@):+'*"')&'?+=>'DE'>AG:"'@A*AE'"&@:"'A@:+>'#A>+>E'*"';+>'#A&*$#$A&">C';A>
PMG$@A>'D';+>'"S$("&#$+>'#A&'B)"'>"'P+D+'FA:<+*A';+'#;+>"'*"';A>'AG:":A>';$G:">C\W'-'*$F":"&#$+'*"';+>
A@:+>'<":#+&#=+>E';+'J+;A:+#$%&'*"';+'F)":H+'*"'@:+G+NA'"&#$"::+E'?)">E')&'";"<"&@A'P$>@%:$#A'<A:+;C'!$&
"<G+:(AE' "&' )&' ?+=>' D' "&' )&+' Q?A#+' *"@":<$&+*A>E' ;+' >)<+' <"*$+' *"' ;A>' -.90,3) 9.) B094) :.+.34/0,3
#A&>@$@)D"')&'F+#@A:'F$NAC
7;'?A>""*A:'*"';+'F)":H+'*"'@:+G+NA'">')&'>":'<A:@+;C'8A:'@+&@AE'?+:+'B)"'>)'?:">"&#$+'"&'";#<":#+*A#>"+
#A&@$&)+E' #A<A' ;A# :"B)$":"' ;+' @:+&>FA:<+#$%&' #A&@$&)+' *"' *$&":A' "&' #+?$@+;E' ">' &"#">+:$A' B)"' ";
J"&*"*A:' *"' ;+' F)":H+' *"' @:+G+NA' >"' ?":?"@V"E' i#A<A' >"' ?":?"@V+' @A*A' >":' J$J$"&@"E' ?A:' ;+
2/,+/.4+07:W;ac))8A:';A'<"&A>E'P+G:M&'*"':"?A&":>"'?A:')&'&V<":A'$()+;'*"'F)":H+>'&)"J+>'*"'@:+G+NA
;+>'B)"':"@$:+&'*";'<":#+*A'";'*">(+>@"'D';+'<)":@"C',+'>)<+'*"';A>'<"*$A>)*"'J$*+'&"#">+:$A>'?+:+';+
?:A*)##$%&'*"';+'F)":H+'*"'@:+G+NA'$&#;)D"E'?A:'@+&@AE';A>'<"*$A>'*"'J$*+'*"';A>'>)>@$@)@A>E'">'*"#$:E'*"
;A>'P$NA>'*"';A>'AG:":A>E'?+:+'B)"'">@+':+H+'">?"#$+;'*"'?A>""*A:">'*"'<":#+&#=+>'?)"*+#?":?"@)+:>"'"&
";'<":#+*AC\a
8+:+'<A*$F$#+:';+'&+@):+;"H+'P)<+&+'#A::$"&@"'D'*">+::A;;+:';+'P+G$;$*+*'D';+'*">@:"H+'*"#PA<G:"'?+:+
)&' @:+G+NA' *"@":<$&+*AE' *">+::A;;+&*A' D' ">?"#$+;$H+&*A' >)' F)":H+' *"' @:+G+NAE' PM#">"' &"#">+:$+' )&+
*"@":<$&+*+' #);@):+' A' $&>@:)##$%&E' B)"E' +' >)' J"HE' "S$("' )&+' >)<+' <+DA:' A' <"&A:' *"' "B)$J+;"&@">' *"
<":#+&#=+>C' ,A>' (+>@A>' *"' "*)#+#$%&' *"' ;+' F)":H+' *"' @:+G+NA' J+:=+&' >"(V&' ";' #+:M#@":' <M>' A' <"&A>
#+;$F$#+*A'*"'Q>@+C'8A:'@+&@AE'">@A>'(+>@A>'*"'+?:"&*$H+N"E'B)"'>A&'$&>$(&$F$#+&@">'@:+@M&*A>"'*"';+'F)":H+
*"'@:+G+NA'#A::$"&@"E'"&@:+&'"&';+'>)<+'*"';A>'J+;A:">'$&J":@$*A>'"&'>)'?:A*)##$%&C
7;' B48,/) 9.) 84) <>./H4) 9.) 6/4D4I,) >"' :"*)#"' +;' B48,/) 9.) >:4) 9.6./-0:494) 3>-4) 9.) -.90,3) 9.) B094;
!4-D041)?A:'@+&@AE'+;'#+<G$+:'";'J+;A:'*"'Q>@A>E'">'*"#$:E'+;'+)<"&@+:'A'*$><$&)$:'";'@$"<?A'*"'@:+G+NA
&"#">+:$A'?+:+'>)'?:A*)##$%&C
k&+' ?+:@"' *"' ;A>' <"*$A>' *"' J$*+E' JC' C/;) 8,3) J=J":">E' ";E' #A<G)>@$G;"E' "@#CE' >"' #A&>)<"' *$+:$+<"&@"' D
@$"&"'B)"':"?A&":>"'*=+'@:+>'*=+C'2@:A>'<"*$A>'*"'J$*+E'@+;">'#A<A';A>'J">@$*A>E';A>'<)"G;">E'"@#CE'*):+&
<M>E'D'?A:'@+&@A'>%;A'P+D'B)"':"?A&":;A>'<M>'*"'@+:*"'"&'@+:*"C'k&+>'<":#+&#=+>'P+D'B)"'#A<?:+:;+>'A
?+(+:;+>'*$+:$+<"&@"E'A@:+>'>"<+&+;<"&@"E'@:$<">@:+;<"&@"E'"@#C'8":AE'#)+;B)$":+'B)"'>"+'";'<A*A'#A<A
">@A>'(+>@A>'>"'*$>@:$G)D"&'*):+&@"'";'+YAE'?A:'"N"<?;AE';A'#$":@A'">'B)"'P+&'*"'#)G:$:>"'*=+'@:+>'*=+'#A&
;A>'$&(:">A>'<"*$A>C'!)?A&$"&*A'B)"';+'<+>+'*"';+>'<":#+&#=+>'B)"'"S$("'*$+:$+<"&@"';+'?:A*)##$%&'*"
;+'F)":H+'*"'@:+G+NA'>"+'p'-E';+'*"';+>'<":#+&#=+>'B)"':"#;+<+'>"<+&+;<"&@"'p'hE';+'*"';+>'B)"'"S$("
@:$<">@:+;<"&@"'p'4E'"@#CE'@"&*:=+<A>'B)"';+'<"*$+'*$+:$+'*"'">@+>'<":#+&#=+>'>":$+'p'Z`W'-']'WT'h']'\
4']'"@#C'q'Z`WC'!)?A&(+<A>'B)"'"&'">@+'<+>+'*"'<":#+&#=+>'$&*$>?"&>+G;">'?+:+'#)G:$:';+>'&"#">$*+*">
<"*$+>'*"'#+*+'*=+'>"'#A&@"&(+&'`'5,/43)9.)6/4D4I,)3,+048G)>"(V&'">@AE'84)<>./H4)9.)6/4D4I,)9.)>:)9F4
J"&*:M'+':"?:">"&@+:'-.90,)9F4)9.)6/4D4I,)3,+048)-.90,G),1)*$#PA'*"'A@:A'<A*AE';+'?:A*)##$%&'*$+:$+'*"
;+'F)":H+'*"'@:+G+NA'"S$($:M'<"*$A'*=+'*"'@:+G+NAC'7>@+'#+&@$*+*'*"'@:+G+NA'&"#">+:$+'?+:+'>)'?:A*)##$%&
*$+:$+' #A&>@$@)D"' ";' B48,/) 9.) >:) 9F4) 9.) <>./H4) 9.) 6/4D4I,1) ,) >"+E' ";' J+;A:' *"' ;+' F)":H+' *"' @:+G+NA
*$+:$+<"&@"':"?:A*)#$*+C'['>$':"?:">"&@+<A>'<"*$A'*=+'*"'@:+G+NA'>A#$+;'<"*$A'?A:')&+'<+>+'*"'A:A'*"
Z'#P";$&">'A')&'@M;":AE'@"&*:"<A>'B)"'">'>:)6S8./,)";'2/.+0,)#A::">?A&*$"&@"'+;'J+;A:'*$+:$A'*"';+'F)":H+
*"'@:+G+NAC'!$'";'?A>""*A:'*"';+'F)":H+'*"'@:+G+NA';+'AF:"#"'"&'";'<":#+*A'?A:'>:)6S8./,)*$+:$AE'>)'2/.+0,
.:)B.:64)>":M'$()+;'+'>)'B48,/)E1)>"(V&'";'>)?)">@A'*"'B)"'+B)='?+:@$<A>E'";'?A>""*A:'*"'*$&":A'MJ$*A'*"
#A&J":@$:;A'"&'#+?$@+;'24C41)"&'"F"#@AE'.36.)B48,/;
7;' 8F-06.) V;@$<A' A' -F:0-,) *"r' J+;A:' *"' ;+' F)":H+' *"' @:+G+NA' ;A' >"Y+;+' ";' J+;A:' *"' +B)";;+' <+>+' *"
<":#+&#=+>' #)DA' *$+:$A' +?:AJ$>$A&+<$"&@A' ">' $&*$>?"&>+G;"' ?+:+' ";' ?A>""*A:' *"' ;+' F)":H+' *"' @:+G+NAE
?+:+'";'PA<G:"E'D+'B)"'>$&'";;+'&A'?A*:=+':"&AJ+:'>)'?:A#">A'*"'J$*+K'">'*"#$:E'";'B48,/)9.)8,3)-.90,3)9.
B094) <F30+4-.:6.) 0:9032.:34D8.3;) d0) ";' ?:"#$A' *"' ;+' F)":H+' ">' $&F":$A:' +' ">@"' -F:0-,1) *">#"&*":M' ?A:
*"G+NA' *"' >)' J+;A:E' D+' B)"E' "&' ">@+>' #A&*$#$A&">E' >%;A' ?A*:M' <+&@"&":>"' D' *">+::A;;+:>"' *"' )&' <A*A
/4=>F60+,;)`).8)J+;A:'*"'@A*+'<":#+&#=+'*"?"&*"'*";'@$"<?A'*"'@:+G+NA'&"#">+:$A'?+:+'>)<$&$>@:+:;+'"&
#A&*$#$A&">'&A:<+;">'*"'G)"&+'#+;$*+*C
7>'*"')&'>"&@$<"&@+;$><A'"S@:+A:*$&+:$+<"&@"'G+:+@A'@+#P+:'*"'G):*+'">@+'B48,/4+07:)9.)84)<>./H4)9.
6/4D4I,)*":$J+*+'*"';+'?:A?$+'&+@):+;"H+'*";'F"&%<"&A'D'"S#;+<+:E'#A&'/A>>$R'i4A&#"G$:';+'#+?+#$*+*
*"'@:+G+NA'M2>0334:+.)9.)6/4B408_)P+#$"&*A'#+>A'A<$>A'*"';A>'<"*$A>'*"'>)G>$>@"&#$+'*";'@:+G+NA'*):+&@"
";' ?:A#">A' *"' ?:A*)##$%&E' "B)$J+;"' +' #A&#"G$:' )&' ?+:@A' #":"G:+;' MP6/.) 9.) /403,:_;) s)$"&' *$#"' @:+G+NAE
B)$"&' *$#"' #+?+#$*+*' *"' @:+G+NAE' *$#"' +;' ?:A?$A' @$"<?A' AG:":A' D' <"*$A>' *"' >)G>$>@"&#$+' *";' AG:":AE
AG:":A'D'>+;+:$ACj\b)0AK'B)$"&'*$#"'#+?+#$*+*'*"'@:+G+NA'&A'*$#"'@:+G+NAE'*";'<$><A'<A*A'B)"'&A'">';A
<$><A' #+?+#$*+*' ?+:+' *$(":$:' B)"' *$(">@$%&C' 8+:+' *$(":$:' &A' G+>@+E' #$":@+<"&@"E' #A&' @"&":' )&' G)"&
">@%<+(AC' 4)+&*A' *"#$<A>' #+?+#$*+*' *"' @:+G+NAE' &A' P+#"<A>' #+>A' A<$>A' *"' ;A>' <"*$A>' *"' J$*+
&"#">+:$A>'?+:+'+;$<"&@+:;+C',"NA>'*"'";;AE'"S?:">+<A>'";'J+;A:'*"'Q>@A>'"&'";'J+;A:'*"'+B)Q;;+C'['>$'&A
;A(:+'J"&*":;+E'+;'AG:":A'&A';"'>$:J"'*"'&+*+K'+&@">'+;'#A&@:+:$AE'#A&>$*":+'#A<A')&+'#:)";'F+@+;$*+*'";
B)"'>)'#+?+#$*+*'*"' @:+G+NA'"S$N+')&+'*"@":<$&+*+'#+&@$*+*' *"' <"*$A>' *"' J$*+' ?+:+' >)' ?:A*)##$%&' D
>$(+'"S$($Q&*A;A>'#A&>@+&@"<"&@"'?+:+'>)':"?:A*)##$%&C'['*">#)G:"E'#A&'!$><A&*$E'B)"'i;+'+424+0949
9.)6/4D4I,;;;)&A'">':4941)30)&A'>"';+'J"&*"jC\c
7;'#+:M#@":'?"#);$+:'*"'">@+'<":#+&#=+'">?"#=F$#+E'*"';+'F)":H+'*"'@:+G+NAE'P+#"'B)"'>)'B48,/)9.)>3,)&A
243.)@A*+J=+'*"'P"#PA'+'<+&A>'*";'#A<?:+*A:'+;'#"::+:>"'";'#A&@:+@A'"&@:"'Q>@"'D'";'J"&*"*A:C'4A<A
@A*+'<":#+&#=+E'@"&=+'D+')&'J+;A:'4:6.3) *"' ;+&H+:>"' +' ;+'#$:#);+#$%&E'?)">@A' B)"E' ?+:+' ?:A*)#$:;+E' F)"
&"#">+:$+' )&' *"@":<$&+*+' #+&@$*+*' *"' @:+G+NA' >A#$+;C' 8":A' >)' B48,/) 9.' >3,' &A' >"' <+&$F$">@+' P+>@+
*">?)Q>E'?)">':">$*"'"&'";'"<?;"A'A'+?;$#+#$%&'*"';+'F)":H+'*"'@:+G+NAC'8A:'@+&@AE';+'"&+N"&+#$%&'*"';+
F)":H+'*"'@:+G+NA'D'>)'"N":#$#$A':"+;'D'"F"#@$JAE'">'*"#$:E'>)'"S$>@"&#$+'#A<A'J+;A:'*"')>AE'&A'#A$&#$*"&
"&'";'@$"<?AC'['D+'>+G"<A>'B)"E'@:+@M&*A>"'*"'<":#+&#=+>WU'"&'B)"';+'"&+N"&+#$%&'FA:<+;'*";'J+;A:'*"
)>A'<"*$+&@"';+'J"&@+'D'>)'"&@:"(+':"+;'D'"F"#@$J+'+;'#A<?:+*A:'>"'*">*AG;+&'"&'";'@$"<?AE'";'*$&":A'*";
#A<?:+*A:' F)&#$A&+' #+>$' >$"<?:"' #A<A' -.90,) 9.) 24C,;) 7&' ;A>' ?+=>">' "&' B)"' $<?":+' ";' :Q($<"&' *"
?:A*)##$%&' #+?$@+;$>@+E' ;+' F)":H+' *"' @:+G+NA' &A' >"' 24C4) &)&#+' P+>@+' B)"' D+' P+' F)&#$A&+*A' *):+&@"' ";
?;+HA' >"Y+;+*A' "&' ";' #A&@:+@A' *"' #A<?:+E' JC' C/;) +;' F$&+;' *"' #+*+' >"<+&+C' 7>' *"#$:E' B)"' ";' AG:":A
49.84:64) "&' @A*+>' ?+:@">' +;' #+?$@+;$>@+' ";' J+;A:' *"' )>A' *"' ;+' F)":H+' *"' @:+G+NA' D' ";' #A<?:+*A:' ;+
#A&>)<"E';+')@$;$H+E'+&@">'*"'54DP/3.84)24C49,)+;'AG:":AE'>$"&*AE'?A:'@+&@AE'Q>@"'";'B)"'4D/.)+/P906,)+;
#+?$@+;$>@+C' [' B)"' ">@A' &A' ">' &$&()&+' F+&@+>=+' ;A' *"<)">@:+' ";' P"#PA' *"' B)"E' *"' J"H' "&' #)+&*AE' ;A>
AG:":A>' 20./94:) 8,3) >+;+:$A>' *"J"&(+*A>E' +;' B)"G:+:' ";' #+?$@+;$>@+EWO' D' ;A' "J$*"&#$+' @+<G$Q&' @A*+' )&+
>":$"' *"' "F"#@A>' <"&A>' #$:#)&>@+&#=+;">CWT' !$&' "<G+:(AE' ";' B)"' ";' *$&":A' F)&#$A&"' #A<A' <"*$A' *"
#A<?:+'A'#A<A'<"*$A'*"'?+(A'&A'+;@":+'?+:+'&+*+'";'#+:M#@":'*";'#+<G$A'*"'<":#+&#=+>C'7;'?:"#$A'*"';+
F)":H+' *"' @:+G+NA' >"' F$N+' #A&@:+#@)+;<"&@"E' +)&B)"' &A' >"' :"+;$#"' P+>@+' *">?)Q>' *"' "&@:"(+*+' ;+
<":#+&#=+E' #A<A' A#)::"' #A&' ";' +;B)$;":' A' ;+' :"&@+' *"' )&+' #+>+C' ,+' F)":H+' *"' @:+G+NA' B)"*+' J"&*$*+E
+)&B)"' &A' >"' ?+()"' P+>@+' <M>' @+:*"C' !$&' "<G+:(AE' ?+:+' "&FA#+:' ";' F"&%<"&A' "&' @A*+' >)' ?):"H+E' ">
#A&J"&$"&@"' ?+:@$:'*";'>)?)">@A' ?:AJ$>$A&+;' *"' B)"' +;' ?A>""*A:' *"' ;+' F)":H+' *"' @:+G+NA' >"' ;"' +GA&+' ";
?:"#$A'#A&@:+#@)+;<"&@"'">@$?);+*A'"&'";'<A<"&@A'<$><A'*"'J"&*":;+C
[+' >+G"<A>' #%<A' >"' *"@":<$&+' ";' B48,/) B)"' ";' ?A>""*A:' *";' *$&":A' ?+(+' +;' ?A>""*A:' *"' ">@+
#+:+#@":=>@$#+' <":#+&#=+' B)"' ">' ;+' <>./H4) 9.) 6/4D4I,;) e>P) B48,/) 9.) >3,) AG@$"&"' +B)Q;' +' #+<G$A' *";
*$&":A'B)"'+GA&+'">';A'B)"'P+'*"':"J";+:'";'+,:3>-,)"F"#@$JA'*"';+'<":#+&#=+E'";'2/,+.3,)9.)+,:3>-,
9.1)84)<>./H4)9.)6/4D4I,;)7;'?A>""*A:'*";'*$&":A'#A<?:+'"&'";'<":#+*A'*"'<":#+&#=+>'D'?+(+'?A:'@A*A';A
B)"'J+;"&';A>'AGN"@A>'&"#">+:$A>'?+:+'">@"'?:A#">AE';+>'<+@":$+>'?:$<+>E'"@#C'N8)2/,+.3,)9.)+,:3>-,)9.
84)<>./H4)9.)6/4D4I,)">E'+;'<$><A'@$"<?AE'";'2/,+.3,)9.)2/,9>++07:)9.)84)-./+4:+F4)E)9.)84)28>3B48F4;
7;'#A&>)<A'*"';+'F)":H+'*"'@:+G+NAE'+;'$()+;'B)"'";'#A&>)<A'*"'#)+;B)$":'A@:+'<":#+&#=+E'>"'A?":+'48
-4/C.:)9.8)-./+49,),)*"';+'7/D064)9.)84)+0/+>84+07:;)8A:'">AE'+PA:+E'P"<A>'*"'+G+&*A&+:'">@+':)$*A>+
">#"&+E'>$@)+*+'"&';+'>)?":F$#$"'D'+';+'J$>@+'*"'@A*A>E'?+:+'@:+>;+*+:&A>E'>$()$"&*A';A>'?+>A>'*";'?A>""*A:
*";'*$&":A'D'*";'?A>""*A:'*"';+'F)":H+'*"'@:+G+NAE'+;'6488./),+>86,)9.)84)2/,9>++07:1)"&'#)D+'?)":@+'P+D
)&' #+:@";' B)"' *$#"R' i0A' +*<$@@+&#"' "S#"?@' A&' G)>$&">>Cj' mZ`^' -B)=E' "&' ">@"' @+;;":E' J":"<A>' &A' >%;A
+7-,) .8) +420648) 2/,9>+.1) >$&A' @+<G$Q&' +7-,) 3.) 2/,9>+.) P8) -03-,1) ";' #+?$@+;C' [' >"' &A>' :"J";+:M
*"F$&$@$J+<"&@"'";'3.+/.6,)9.)84)2/,9>++07:)9.)84)28>3B48F4;
,+' 7/D064) 9.) 84) +0/+>84+07:) ,) 9.8) +4-D0,) 9.) -./+4:+F431) *"&@:A' *"' #)D+>' F:A&@":+>' >"' *">+::A;;+' ;+
#A<?:+' D' ;+' J"&@+' *"' ;+' F)":H+' *"' @:+G+NAE' ":+E' "&' :"+;$*+*E' ";' J":*+*":A' 24/4F3,) 9.) 8,3) 9./.+5,3) 9.8
5,-D/.;) A.:6/,) *"' ">@A>' ;$&*":A>E' >%;A' :"$&+&' ;+' 80D./6491) ;+' 0C>489491) ;+' 2/,20.9491) E) U.:654-;) ,+
80D./6491)?)">'";'#A<?:+*A:'D'";'J"&*"*A:'*"')&+'<":#+&#=+E'BC'C/;)*"';+'<>./H4)9.)6/4D4I,1)&A'AG"*"#"&
+'<M>';"D'B)"';+'*"'>)'80D/.)B,8>:649;)4A&@:+@+&'#A<A'5,-D/.3);$G:">'"'$()+;">'+&@"';+';"DC'7;'+,:6/46,
">' ";' :">);@+*A' F$&+;' "&' B)"' >)>' JA;)&@+*">' #AG:+&' )&+' "S?:">$%&' N):=*$#+' +,-R:;) ,+' 0C>489491) ?)">
#A<?:+*A:">'D'J"&*"*A:">'>%;A'#A&@:+@+&'#A<A'2,3..9,/.3)9.)-./+4:+F431)#+<G$+&*A'"B)$J+;"&@"'?A:
"B)$J+;"&@"C' ,+' 2/,20.9491) ?)">' #+*+' #)+;' *$>?A&"' D' >A;+<"&@"' ?)"*"' *$>?A&":' *"' ;A' B)"' ">' 3>E,;) `
U.:654-1)2>.3)+'#)+&@A>'$&@":J$"&"&'"&'">@A>'+#@A>'>%;A';A>'<)"J"'>)'$&@":Q>C',+'V&$#+'F)":H+'B)"';A>
)&"'D';A>'?A&"'"&':";+#$%&'">';+'F)":H+'*"'>)'.C,F3-,1)*"'>)'?:AJ"#PA'?":>A&+;E'*"'>)'0:6./P3)2/0B49,;
8:"#$>+<"&@"' 2,/) .3,1) ?A:B)"' #+*+' #)+;' #)$*+' >A;+<"&@"' *"' >$' D' &$&()&A' J";+' ?A:' ;A>' *"<M>E
#A&@:$G)D"&'@A*A>'";;A>E'(:+#$+>'+')&+'4/-,:F4)2/..364D8.+094)9.)843)+,343),)G+NA';A>'+)>?$#$A>'*"')&+
?:AJ$*"&#$+'A<&$+>@)@+E'+':"+;$H+:';+'AG:+'*"'>)'?:AJ"#PA'<)@)AE'*"'>)'#A&J"&$"&#$+'#A;"#@$J+E'*"'>)
$&@":Q>'>A#$+;C
-;' +G+&*A&+:' ">@+' %:G$@+' *"' ;+' #$:#);+#$%&' >$<?;"' A' #+<G$A' *"' <":#+&#=+>E' +*A&*"' ";' ;$G:"#+<G$>@+
B>8C4/03)J+'+'G)>#+:';+>'$*"+>E';A>'#A&#"?@A>'D';A>'#:$@":$A>'?+:+'"&N)$#$+:';+'>A#$"*+*'*";'#+?$@+;'D'*";
@:+G+NA'+>+;+:$+*AE'?+:"#"##A<A'>$'#+<G$+>"'+;(A';+'F$>A&A<=+'*"';A>'2./3,:4I.3)*"'&)">@:A'*:+<+C'7;
+&@$()A'?A>""*A:'*"'*$&":A'+G:"';+'<+:#P+'#A&J":@$*A'"&'+42064803641)E)6/43)Q;'J$"&"'";'?A>""*A:'*"';+
F)":H+' *"' @:+G+NAE' @:+&>FA:<+*A' "&' ,D/./,) 3>E,G) +B)Q;E' ?$>+&*A' :"#$A' D' >A&:$"&*A' *">*"YA>AE' @A*A
+N"@:"+*AK' Q>@"E' @=<$*A' D' :"#";A>AE' *"' <+;+' (+&+E' #A<A' B)$"&' J+' +' J"&*":' >)' ?:A?$+' ?";;"N+' D' >+G"' ;+
>)":@"'B)"';"'+()+:*+R'B)"'>"';+'+>/64:;
0A@+>'+;'?$"'#+?=@);A'59
O'L+D'*A>'?:AJ":G$A>'F:+&#">">'B)"'"S?:">+&'#;+:+<"&@"';+'*$>@$&#$%&'"&@:"'";'?A*":'B)"':"?:">"&@+';+'?:A?$"*+*'*"
;+'@$"::+E'?A*":'G+>+*A'"&'J=&#);A>'?":>A&+;">'*"'J+>+;;+N"'D'>"YA:=AE'D'";'?A*":'$<?":>A&+;'*";'*$&":AR':>88.'6./6.)34:3
3.0C:.>/)E)8f4/C.:6):f4)243)*"'-4g6/.C'mTa^
T'i4A&'*$&":A'>"'#A<?:+&'<":#+&#=+>E'D'#A&'<":#+&#=+>'*$&":ACj'm3":#$":'9.);+'/=J=":"E''f,9/.):46>/.8).6).33.:60.8
9.3)3,+0P6P3)2,8F60=>.3E'?C'W\Z;_
Z)h4)+&*A'>"'#A<?:+')&+'#A>+'?+:+'JA;J":'+'J"&*":;+E';+'>)<+'$&J":@$*+'"&'";;+'>"';;+<+'*$&":A'+*";+&@+*AK'>$':,
>"'#A<?:+'?+:+':"J"&*":;+E'?)"*"'*M:>";"'";'&A<G:"'*"'*$&":A'(+>@+*ACj'm_+<">'!@")+:@E'i,/j3E'"@#CE'#*>C'?A:'";'("&":+;'!$:
_+<">'!@")+:@C'>)'P$NAC',A&*:">E'ObUOE'JA;C'OE'?C'Ta\C^
\' i0A' >"' #+<G$+' *$&":A' ?A:' *$&":AjE' *$#"' 3":#$":' *"' ;+' /$J$":"E' *$:$($Q&*A>"' +' ;A>
<":#+&@$;$>@+>C'm'J,/9/.):46>/.8E'"@#CE'?C'\b`C^'7&')&+'AG:+'B)"'@:+@+'.O)2/,<.3,'*";'i#A<":#$Aj'D'*"';+
i">?"#);+#$%&jC';""<A>R'i.A*A'#A<":#$A'J":>+'>AG:"'";'$&@":#+<G$A'*"'AGN"@A>'*"'*$>@$&@+>'#;+>">E'D';+
J"&@+N+' me?+:+' ";' #A<":#$+&@"f^' G:A@+' ?:"#$>+<"&@"'*"' ">@+' *$J":#$*+*C' 4+<G$+:' )&+' ;$G:+' *"' ?+&' ?A:
)&+' ;$G:+' *"' ?+&CCC' &A' >)?A&*:=+' J"&@+N+' +;()&+CCC' K' *"' +B)=' ";' J"&@+NA>A' #A&@:+>@"' B)"' <"*$+' "&@:"' ";
+,-./+0,'D'";'I>.C,E'";'#)+;'>%;A'#A&>$>@"'"&'#+<G$+:'*$&":A'?A:'*$&":ACj'm.PC'4A:G"@E'-&'5&B)$:D'$&@A
65.) !4>3.3) +&*' 3A*">' AF' 65.) i.4865) ,<) $:90B09>483G) ,/) @P"' 8:$&#$?;">' AF' .:+*"' +&*' !?"#);+@$A&
"S?;+$&"*C' mTb^' ,A&*:">E' Ob\OE' ?C' WC^' -)&B)"' 4A:G"@' &A' +*J$":@"' B)"' 6' X' 6E' ">' *"#$:E' ";' #+<G$A' *"
*$&":A'?A:'*$&":AE'">';+'FA:<+'#+:+#@":=>@$#+'*"'#$:#);+#$%&'&A'>%;A'*";'#+?$@+;'+,-./+048E'>$&A'*"'6,9,
#+?$@+;E':"#A&A#"'?A:';A'<"&A>'B)"'">@+'FA:<+'>"'*+'"&')&+'#;+>"'*"'#A<":#$AE'"&';+'.32.+>84+07:E'+';+
?+:'B)"'"&'";'I>.C,K'D';)"(A'J$"&"'3+#4);;A#P'D'*">#)G:"'B)"'+,-2/4/)24/4)B.:9./'">'">?"#);+:E'#A&
;A'#)+;'#+"'?A:'@$"::+';+'*$F":"&#$+'"&@:"';+'">?"#);+#$%&'D'";'#A<":#$AC'h%,94),2./4+07:)2,/)-.90,)9.
84)+>48)>:4)2./3,:4)+,-2/4)>:)2/,9>+6,)24/4)B,8B./)4)B.:9./8,E'#A&>@$@)D"'*"'P"#PA')&'+#@A'*"'">g
?"#);+#$%&Cj'3+#4);;A#PE'")A0+60,:4/E)2/4+60+481).6+;),<)!,--./+.1',A&*:">C'Ob\aC'?C'OUUcC^'8$&@AE'";
8=&*+:A' *"' ;+' hA;>+' *"' -<>@":*+<E' >"' "S?:">+' "&' @Q:<$&A>' $&#A<?+:+G;"<"&@"' <M>' $&("&)A>R' hN8
+,-./+0,) .3) >:' I>.C,' mF:+>"' @A<+*+' *"' ,A#o"^E' D' N)(+&*A' #A&' <"&*$(A>' &A' >"' ?)"*"' (+&+:' &+*+C' !$
*):+&@"'<)#PA'@$"<?A'>"';">'B)$@+>"'+'@A*A>'#)+&@A';;"J+&'"&#$<+E'&A'P+G:=+'<M>':"<"*$A'B)"'*"JA;J":
+<$(+G;"<"&@"' ;+' <+DA:' ?+:@"' *"' ;+>' (+&+&#$+>E' ?+:+' ?A*":' :"+&)*+:' ";' N)"(ACj' 8t&@AE' .:+$@Q' *"' ;+
4$:#);+@$A&'"@'*)'4:Q*$@E'-<>@":*+<E'OaaOE'?C'TZOC^
W'i7;'#+?$@+;'>"'*$J$*"CCC'"&'";'#+?$@+;'?:$<$@$JA'D';+'(+&+&#$+'A'$&#:"<"&@A'*";'#+?$@+;C'C'C'E'+)&B)"'"&';+'?:M#@$#+'">@+
(+&+&#$+'>"'$&#A:?A:"'$&<"*$+@+<"&@"'+;'#+?$@+;'D'>"'?A&(+'"&'#$:#);+#$%&'#A&'Q>@"Cj'm1C'7&(";>E'ik<:$>>"'H)'"$&":'u:$@$o
*":'0+@$A&+;AoA&A<$"jE'"&'A.>63+5?k/4:H7303+5.)l45/Dm+5./1)Mbn^'"*>C'?A:'-:&A;*'/)("'D'4+:;A>'3+:SE'8+:=>E'Ob\\E'?C
ccC^
`'-:$>@%@";">'*$>@$&()"'"&@:"';+'+/.-46F360+4'D';+'.+,:,-F4;'-::+&#+'*"'Q>@+'D'"&@$"&*"'B)"E'"&'#)+&@A'+:@"'*"';)#:AE
>"';$<$@+'+'?:A#):+:';A>'";"<"&@A>'&"#">+:$A>'?+:+';+'J$*+'D';A>'+:@=#);A>'V@$;">'?+:+';+'#+>+'A'?+:+'";'7>@+*AC'i,+'J":*+*":+
:$B)"H+'">@M'FA:<+*+'?A:'">@A>'J+;A:">'*"')>AE'?)">';+'#+&@$*+*'*"'FA:@)&+'*"'Q>@+E'>)F$#$"&@"'?+:+'J$J$:'G$"&E':,).3)080-06494C
8":A'P+D'A@:+'#;+>"'*"'+:@"'*"';)#:AE'+';+'B)"'>)";"'*+:>"E'+#":@+*+<"&@"E'";'&A<G:"'*"'#:"<+@=>@$#"'D'?+:+';+'#)+;'&A'?+:"#"&
"S$>@$:'8F-06.3'"&'?)&@A'+';+':$B)"H+'D'+';+'?A>">$%&C'7;'#A<":#$A'9.)-./+4:+F431)B)"'>$(&$F$#+';$@":+;<"&@"'";'&"(A#$A'*";
@"&*":AE'D'-:$>@%@";">'+#"?@+'">@+'F%:<);+'?A:B)"'"&'";;+'?:"J+;"#"'";'J+;A:'*"')>AE'&A'FA:<+'*"'>)DA'?+:@"'$&@"(:+&@"'*"';+
#:"<+@=>@$#+E'D+'B)"'"&'Q;'";'$&@":#+<G$A'>"#;$<$@+'+';A'&"#">+:$A'?+:+';+>'?+:@">'B)"'"&'Q;'$&@":J$"&"&'m?+:+'#A<?:+*A:'D
J"&*"*A:C^j'8A:'">AE'>$()"':+HA&+&*A'-:$>@%@";">E';+'FA:<+'?:$<$@$J+'*";'#A<":#$A'*"'<":#+*":=+>'F)"'";'@:)"B)"E'P+>@+'B)"E
+;'*">+::A;;+:>"E'>):($%'FA:HA>+<"&@"'";'*$&":AC'4A&';+'$&J"&#$%&'*";'*$&":AE'";'@:)"B)"'P)GA'*"'#A&J":@$:>"'FA:HA>+<"&@"'"&
#A<":#$A'*"'<":#+*":=+>E'D'Q>@"E'+'>)'J"HE':A<?$"&*A'#A&'>)'@"&*"&#$+'?:$<$@$J+E'>"'*">+::A;;%'G+NA';+'FA:<+'*"
#:"<+@=>@$#+E'A'>"+E'*";'+:@"'*"'P+#":'*$&":AC'7>@+E';+'#:"<+@=>@$#+E'>"'*$>@$&()"'*"';+'"#A&A<=+E'"&'B)"'i?+:+'";;+';+'F)"&@"'*"
;+':$B)"H+'">';+'+0/+>84+07:'D'?+:"#"'($:+:'"&'@A:&A'+;'*$&":AE'?)">'";'90:./,).3).8)+,-0.:H,)E).8)<0:)9.).364)+843.)9.)+4-D0,C
8A:'">AE';+':$B)"H+'+'B)"'+>?$:+';+'#:"<+@=>@$#+'">'080-06494E'#A<A';A'">'"&'>)'+<G$#$%&'@A*A'+:@"'B)"'#A&>$*":+'>)'F$&E'&A
#A<A'<"*$AE'>$&A'#A<A'F$&'>)?:"<AE'?)">'>"'">F)":H+'?A:'+#":#+:>"'#+*+'J"H'<M>'+'Q;K'"&'#+<G$AE';+>'+:@">'B)"'>%;A
?":>$()"&'<"*$A>'?+:+')&'F$&'&A'>A&'r;$<$@+*+>E'?)">'";'?:A?$A'F$&'>"'"&#+:(+'*"'@:+H+:;">')&';=<$@"K'+>=E'">@+'#:"<+@=>@$#+'&A
"&#)"&@:+'&$&(V&'*$B)"'+'>)'+<G$#$%&E'B)"'">'"&:$B)"#":>"'*"')&'<A*A'+G>A;)@AC'7>';+'"#A&A<=+E'D'&A';+'#:"<+@=>@$#+E';+
B)"'@$"&"&')&';=<$@"CCC'K';+'?:$<":+'+>?$:+'+'+;(A'*$>@$&@A'*";'*$&":AE';+'>"()&*+'&A'+>?$:+'<M>'B)"'+'+)<"&@+:'Q>@"CCC',+
#A&F)>$%&'*"'+<G+>'FA:<+>E'B)"'$&F;)D"&';+')&+'"&';+'A@:+E';;"J+'+'+;()&A>'+)@A:">'+';+'#:""&#$+'*"'B)"'";'F$&'V&$#A'*"';+
"#A&A<=+'">';+'#A&>":J+#$%&'"'$&#:"<"&@+#$%&'*";'*$&":A'P+>@+'";'$&F$&$@AjC'm-:$>@%@";">E'A.'[.2RD80+41).*C'hAoo":E';$G:A'5E
#+?>C'b'D'cC^
a'i,+>'<":#+&#=+>j'm"&'";'>"&@$*A'*"'J+;A:">'*"')>A^'i&A'>A&';+'F$&+;$*+*'*"@":<$&+&@"'*";'#+?$@+;$>@+'B)"'&"(A#$+CCC
K'>)'F$&+;$*+*'*"@":<$&+&@"'">'";'*$&":ACj'm.PC'4P+;<":>E'(:)#,8060+48)N+,:,/:EE'"@#CE'Tv'"*CE',A&*:">E'ObZTE'?C'wO`Wx'O``C^
b'i-)&B)"'";'#A<":#$+&@"'&A'*">*"Y"';+'(+&+&#$+'D+'AG@"&$*+E'>)'<$:+*+'">@M'>$"<?:"'?"&*$"&@"'*"';+'(+&+&#$+
F)@):+Cj'm-C'y"&AJ">$E''.H0,:0)90)N+,:,-F4)!0B08.'mOa`W^E'"*C'*"';A>'7#A&A<$>@+>'$@+;$+&A>E'*"'4)>@A*$E'8+:@"'3A*":&+E'JA;C
9555E'?C'OZcC^
c'i7>';+'?+>$%&'$&>+#$+G;"'*"'(+&+&#$+E';+'4>/0)34+/4)<4/:.3E'mZU^';+'B)"'$<?);>+'>$"<?:"'+;
#+?$@+;$>@+jm3+#4);;A#PE'%5.)#/0:+028.3),<)#,8060+48'N+,:,/:E1',A&*:">E'ObZUE'?C'Oac^C'8A:'>)?)">@AC'">@+'#A&#$"&#$+'&A
$<?$*"'+;'?:A?$A'3+#4);;A#P'D'#A&>A:@">E'?)">@A>'"&')&+'?":?;"N$*+*'@"%:$#+E'B;)C/C'+;'">@)*$+:';+'>)?":?:A*)##$%&E'#A&J":@$:
+;'<$><A'#+?$@+;$>@+'"&')&'"S#";"&@"'#$)*+*+&A'#)D+'V&$#+'?:"A#)?+#$%&'">'?:A*)#$:'B48,/.3)9.)>3,'D'"&'B)$"&'>"'*">+::A;;+
$&#;)>A')&+'J":*+*":+'P+<G:"'#+&$&+'*"'H+?+@A>E'>A<G:":A>E'P)"JA>E'?":#+;'D'A@:+>'#+@"(A:=+>'*"'J+;A:">'*"')>A'*"';A>'<M>
J);(+:">C
OU'!+;J+:'">')&A'*"';A>'@Q:<$&A>'#+:+#@":=>@$#A>'*"';A>'(:$"(A>'?+:+'"S?:">+:'+;'+@">A:+<$"&@AC'7&'$&(;Q>'A#)::"';A
<$><AR'6,)34B.'>$(&$F$#+'i>+;J+:j'D'i+PA::+:jC
OO'i,A'B)"';+>'#A>+>'&A'@$"&"&'*"'$&F$&$@A'"&'>)'?:A(:">AE';A'@$"&"&'"&'>)'#$#;ACj'my+;=+&$E'A.884'-,:.641'?C'OW`C^
OT'i0A'">';+'<+@":$+E'>$&A'";'J+;A:'*"'">@+'<+@":$+E';A'B)"'FA:<+'";'#+?$@+;C'm_C'hC'!+DE'%/406P'9fN+,:,-0.)#,8060=>.1
Zv'"*CE'8+:=>'ObOaC'JA;)<"&'55E'?C'\TcC^
OZ'i7;'<"*$A'*"'#$:#);+#$%&'mr^'"<?;"+*A'?+:+'F$&">'?:A*)#@$JA>'">'";'#+?$@+;Cj'm3+#,"A*E'%5.)%5.,/E)4:9)#/4+60+.
,<)U4:j0:C4#,A&*:">E'ObWWE'JA;C'5E'#+?C#5'w?C'WWxC'i4+?$@+;'">'<":#+&#=+Cj'm_+<">#3$;;E#N8.-.:63),F'#,8F60+48)N+,:,-E4
,A&*:">E'ObTOE'?C'a\C^
O\'i4+?$@+;;;;)J+;A:'?":<+&"&@"'B)"'>"'<);@$?;$#+Cj'm!$><A&*$E'Y,>B.4>O)#/0:+02.3)9.'8fN+,:,-0.)#,8060=>.'w8+:$>E
ObOcxE'JA;C'5E'?C'wbbx'bcC^
OW'i7;'#+<G$A'">')&'&"(A#$A'<+:+J$;;A>AE'"&'";'B)"'+<G+>'?+:@">'#A&@:+@+&@">'(+&+&'>$"<?:"'mO^'m6">@)@@'*"'.:+#DE
%/406P)9.)84)B,8,:6P).6)9.)3.3).<<.63E'8+:=>E'ObT`E'?C'`b^C'7>';+'<$><+'AG:+'?)G;$#+*+'<M>'@+:*"'#A&'";'@=@);A'*"'%/406P
9fN+,:,-0.)#,8F60=>.;
O`'3":#$":'*"';+'/$J$z:"E''f(/9/.):46>/.81'"@#CE'?C'W\\C
Oa'i7;'B)"')&A'*"'">@A>'*A>'J+;A:">'>"+'*$&":A'A'+<GA>'>"+&'>$<?;">'<":#+&#=+>'">E'*"'>)DAE';A'<M>'$&*$F":"&@"'*";
<)&*ACj'm3":#$":'*"';+'/$J$Q:"E',D;)+06;1'?C'W\ZC^
Ob'i0A'>A&';A>'#A&@:+@+&@">';A>'B)"'*"#$*"&'+#":#+'*";'J+;A:K'">@"'">'D+'+&@":$A:'+;'#A&@:+@ACj'm,"'.:A>&"E'A.
8J0:6P/P6)3,+048E'?C'cU`C^
Oc'i6AJ"'z()+;$@M'&A&'z';)#:ACj'mZ';^'my+;$+&$E'6";;+'3A&"@+E'"&'4)>@A*$E'8+:@"'3A*":&+E'@C'59E'?C'T\\C^
TU'i7;'#+<G$A':">);@+'*">F+JA:+G;"'?+:+')&+'*"';+>'*A>'?+:@">'#)+&*A'>"'$&@":?A&"'+;()&+'#$:#)&>@+&#$+'"S@:+Y+'B)"
+)<"&@+'A'*$><$&)D"'";'?:"#$AR'"&'">@"'#+>AE'>"'B)$"G:+';+'$()+;*+*E'?":A'">@"'B)"G:+&@A'AG"*"#"'+';+'#+)>+'<"&#$A&+*+C'D
&A'+;'#+<G$A'<$><ACj'm,"'.:A>&"E'6"';'$&@":"@'!A#$+;E'?C'cU\C^
TO'i7;'#+<G$A'">E'?A:'>)'&+@):+;"H+E')&'#A&@:+@A'*"'$()+;*+*C'#";"G:+*A'"&@:"')&'J+;A:'D'A@:A'J+;A:'$()+;'+'Q;C'Y,).31
2,/)64:6,1):0:CR:)-.90,)9.).:/0=>.+./3.1)E4)=>.)3.)94)64:6,)+,-,)3.)/.+0D.CX'm,"'.:A>&"E'AGC'#$@CE'?C'cUZC^
TT'4A&*$;;+#E''.)!,--./+.).6)8.)o,>B./:.-.:6E'Oaa`E'"*CE'6+$:"'D'3A;$&+:$E'"&'@p84:C.3'9fN+,:,-0.)#,8060=>.E
8+:=>E'Ob\aC'?C'T`a'wTcOxC
TZ'8A:'">A',"'.:A>&"'#A&@">@+'<)D'#":@":+<"&@"'+'>)'+<$(A'4A&*$;;+#R'i7&')&+'>A#$"*+*'*">+::A;;+*+E'&A'P+D'&+*+
>)?":F;)ACj'[C'+;'<$><A'@$"<?AE';"'*"*$#+'">@+'?);;+R'i!$';+>'*A>'?+:@">'B)"'$&@":J$"&"&'"&'";'#+<G$A'AG@$"&"&';+'<$><+
#+&@$*+*'*"'<M>'?A:';+'<$><+'#+&@$*+*'*"'<"&A>C'AG@"&*:M&';+>'*A>';A'<$><A'Cj'k&'PA<G:"'#A<A'4A&*$;;+#E'B)"'&A'@$"&"
&$';+'<"&A:'$*"+'*"';A'B)"'">'";'B48,/'9.'+4-D0,1)">'";'F$+*A:'<M>'+*"#)+*A'B)"'?A*=+'"&#A&@:+:'";'>"YA:'?:AF">A:'{$;P";<
/A>#P":'?+:+'+?AD+:'"&'Q;'>)>'#A&#"?@A>'$&F+&@$;">C'9Q+>"'>)'AG:+'A0.)o/>:964C.:)9./)Y460,:48,j,:,-0.1)Zv'"*CE'ObWb
T\'!C'8C'Y.T-4:1)N8.-.:63),<)#,8060+48)N+,:,-EC'-&*AJ":'D'0)"J+'[A:oC'ObZWC'?C'OaWC
TW'i,A>'J"&*"*A:">'&A'>"'"&:$B)"#"&CCC'>)G$"&*A'";'J+;A:'&A<$&+;'*";'?:A*)#@ACCC'?)">';A'B)"'(+&+&'#A<A
J"&*"*A:">';A'?$":*"&'=&@"(:+<"&@"'"&'>)'#+;$*+*'*"'#A<?:+*A:">Cj'm%5.)N33.:6048)#/0:+028.3),<'65.)i.4865),<)Y460,:31'"@#CC
,A&*:">E'OacaC'8C'``C^
T`'i7;'J"&*"*A:'B)"'>"'J"+'AG;$(+*A'+'*">?:"&*":>"'?A:'Ob';$G:+>'*"')&+'#+&@$*+*'*"'?:A*)#@A>'B)"':"?:">"&@"'"&
:"+;$*+*')&'J+;A:'*"'T\E'+;'$&J":@$:';+'<$><+'>)<+'*"'*$&":A'#A<A'#A<?:+*A:'AG@"&*:M'@+<G$Q&'";'J+;A:'*"'T\';$G:+>'?A:';bC|
m,"'.:A>&"E'A.)O}$&@Q:Q@'>A#$+;E'?C'bcaC^
Ta'|8A:'@+&@AE'&$&(V&'J"&*"*A:'?)"*"E'&A:<+;<"&@"E'";"J+:'";)?:"#$A'*"'>)>'<":#+&#=+>'>$&'J":>"'AG;$(+*A'+'?+(+:
@+<G$Q&'<M>'#+:+>';+>'<":#+&#=+>'*"';A>'A@:A>'J"&*"*A:">K'DE'?A:'$*%&@$#+':+H%&E'&$&(V&'#A&>)<$*A:'?)"*"E'&A:<+;<"&@"E
#A<?:+:'<M>'G+:+@A'>$&'J":>"'AG;$(+*AE'+;'<$><A'@$"<?AE'+'G+N+:'*"'?:"#$A>';+>'<":#+&#=+>'B)"'J"&*"Cj'm3":#$":'*"';+
/$J$":"E',}2:*:"'&+@):";E'"@#CE'?C'WWWC^
Tb'/C'.A::"&>E'":)7>>+D'A&'65.)#/,9>+60,:)AF'i.48651',A&*:">E'ObTOE'?C'Z\c
Tc' i,+' $*"+' *"' B)"' >A&' ;A>' +,:3>-09,/.3) ;A>' B)"' ?+(+&' ;+>' (+&+&#$+>' ">E' "J$*"&@"<"&@"E' )&+
$*"+'*"'@A*A'?)&@A'+G>):*+C'es)$Q&">'>A&'#A&>)<$*A:">f|'myC'/+<>+DE'":)N334E),:)65.'6$>@:$G)@$A&),<
@P"'i.48651'7*$<G):(AE'ObZ`C'?C'ObZC^
ZU'i4)+&*A'+;()$"&'&A'"&#)"&@:+'*"<+&*+'?+:+'>)>'?:A*)#@A>E'eB)Q';"'+#A&>"N+'";'>"YA:'3+;@P)>f'e8+(+:'+'A@:+
?":>A&+'?+:+'B)"'>"';A>'#A<?:"fC'?:"()&@+')&':$#+:*$+&A'$&*$(&+*A'+'3+;@P)>E'B)$"&'+;'$()+;'B)"'>)'*$>#=?);AE'";'#):+
4P+;<":>E'>"'*"*$#+'+'(;A:$F$#+:'"#A&%<$#+<"&@"'+';+'#;+>"'*"'>$<?;">'#A<?:+*A:">'A'#A&>)<$*A:">C'9Q+>"'":)$:=>0/E)0:6,
65,3.)2/0:+028.3)/.32.+60:C)65.)Y46>/.',<)A.-4:9)4:9)65.)Y.+.3306E),<)4A&>)<?@$A&E'846.8E)49B,+46.9)DE)@/;)@4865>3E'mZT^
"@#CE',A&*:">E'ObTOE'?C'WW
ZO)6"'?+:"#":'#A&@:+:$A'":+'6">@)@@'*"'.:+#DE'+'?">+:'*"'>":'XA'+#+>A'?A:'>":;AX'-.-D/.)9.)5}5&>@$@)@C',A>
#+?$@+;$>@+>'$&*)>@:$+;">E'*$#"E'AG@$"&"&'>)>'(+&+&#$+>'iJ"&*$Q&*A;A'@A*A'<M>'#+:A'*"';A'B)"';">'P+'#A>@+*A'?:A*)#$:;AC'e['+
B)$Q&';A'J"&*"&f'7&'?:$<":';)(+:E'>"';A'J"&*"&')&A>'+'A@:A>jC'm%/406P0'9.)84)*,8,:6PE'"@#CE'?C'TZcC^
ZT)i7;'#+<G$A'*"'*A>'J+;A:">'$()+;">'&A'+)<"&@+'&$'*$><$&)D"';+'<+>+'*"';A>'J+;A:">'"S$>@"&@">'"&';+'>A#$"*+*C'7;
#+<G$A'*"'*A>'J+;A:">'*">$()+;">CCC'&A'+;@":+'@+<?A#A';+'>)<+'*"';A>'J+;A:">'>A#$+;">E'+)&B)"'+Y+*+'+;'?+@:$<A&$A'*"')&+
?":>A&+';A'B)"':">@+'+;'?+@:$<A&$A'*"'A@:+Cj'm_C'hC'!+DE'%/406P)9fN+,:,-F.)#,8060=>.E'@C'55E'??C'\\Z'>>C^'!+D'@A<+'">@+
+F$:<+#$%&'*"';A>'F$>$%#:+@+>'#+>$'+;'?$"'*"';+';"@:+E'>$&'?:"A#)?+:>"E'&+@):+;<"&@"E'*"';+>'#A&>"#)"&#$+>'B)"'*"'";;+'>"'*"g
:$J+&C'8A:'";'>$()$"&@"'"N"<?;AE'?)"*"'#A<?:AG+:>"'*"'B)Q'<A*A'"S?;A@+G+'">@"'+)@A:E'?+:+'+)<"&@+:'>)'?:A?$A'iJ+;A:j'E;+>
AG:+>'*"'">@+'">#)";+E'D+'A;J$*+*+>'"&'>)'@$"<?AC',+'iF+<A>=>$<+'F:+>"j'*"'<A&>$"):'!+DR'i2&'&}'+#PQ@"'*">'?:A*)$@>
=>f4B.+)9.3)?:A*)$@>j'mAG:+'#$@CE'@C'55E'?C'\\O^':"H+'+>=E'"&'>)'A:$($&+;'F$>$A#:M@$#AR'h'.3)?:A*)#@$A&>'&"'>"'?+$"&@'=>f4B.+)9.3
2:A*)#@$A&>jC'm,"'.:A>&"E'6"';}$&@Q:$@'d,+0481)2;)qnn;_)M]]_
ZZ)i7;'#+<G$A'&A'$&F)&*"'+';A>'?:A*)#@A>'+G>A;)@+<"&@"'&$&(V&'J+;A:Cjm1C'{+D;+&*E'%5.)N8.-.:63),<)#,8060+48
N+,:,-EE'hA>@A&E'ObWZ1)2;)O`b;_
'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''
Z\)ih+NA'";'$<?":$A'*"'.=>0B48.:6.3)0:->64D8.31)&A'P+G:=+'#A<":#$A'?A>$G;"Cj'myC'2?*Do"E'")%/.4603.),:)#,8060+48
N+,:,-EE'0)"J+'[A:oE'rq^r1)2;)cn;_)|,+'*$F":"&#$+'"&@:"'";'J+;A:':"+;'*"'#+<G$A'>"'G+>+'"&')&'P"#PAE'+'>+G":R'B)"'";'J+;A:
*"')&+'#A>+'">'*$>@$&@A'*";';;+<+*A'"B)$J+;"&@"'B)"'?A:'";;+'>"'"&@:"(+'"&'";'#A<":#$AK'">'*"#$:E'B)"'">@"'"B)$J+;"&@"'&A'">
@+;'"B)$J+;"&@"CX'm1C'7&(";>'k:&:$>>"'H)'"$&":'u:$@$o'*":'0+@$A&+;%;$A&A<$"E'#C';CE'?C'c`C^
ZW'h"&N+<$&'1:+&o;$&E'{A:o>E'@C'55C'"*E'!?+:o>'"&'#,3060,:3)6,)D.).O4-0:.9)+,:+./:0:C)Y460,:48'i.4865C'mZ\^
Z`'-:$>@%@";">E'6"'[.2RD80+41);$G:A)OE'#+?C'OU
Za'|h+NA';+>'#A&*$#$A&">')>)+;">'*";'<":#+*AE';+'(+&+&#$+'&A'&+#"'*";'#+<G$AC'!$'&A'.O0360.3.)+,:)4:6./0,/0949E':,
2,9/F4).O0360/)64-2,+,)9.32>P3)9.).364)6/4:34++07:Cj'm/+<>+DE',:)":)N334E)65.)A$>@:$G)@$A&',<){"+;@PE'?C'Ob\C^
Zb'6">?)Q>'*"';+'"S?;$#+#$%&'+&@":$A:E'";';"#@A:'>"'*+:M'#)"&@+'*"'B)"'">@A'>%;A'B)$":"'*"#$:'B)"';+'#:"+#$%&'*"
#+?$@+;'@$"&"'&"#">+:$+<"&@"'B)"'>":'?A>$G;"'+)&'#)+&*A'";'?:"#$A'*"';+>)<":#+&#=+>'>"+'0C>48)+'>>)J+;A:C',+'#:"+#$%&'*";
#+?$@+;'&A'?)"*"'"S?;$#+:>"'?A:';+'90B./C.:+04).:6/.)8,3)?:"#$A>'D';A>'J+;A:">'*"';+>'<":#+&#=+>C'!$';A>'?:"#$A>'*$F$":"&
:"+;<"&@"'*"';A3)J+;A:">E'8,)?:$<":A'B)"'P+D'B)"'P+#":'.3):"*)#$:;A>'+'Q>@A>R'">'*"#$:E'?:">#$&*$:'*"'">@+'#$:#)&>@+&#$+'#A<A
*"')&'F+#@A:'FA:@)$@AE'?+:+'"&FA#+:'"&'@A*+'3>)2>/.H4)";'F"&%<"&A'*"';+'#:"+#$%&'*";'#+?$@+;'>AG:"';+'G+>"'*";'#+<G$A'*"
<":#+&#=+>E'>$&'*"N+:>"'"S@:+J$+:'"&'3>)AG>":J+#$%&'?A:'#$:#)&>@+&#$+>'>"#)&*+:$+>E'?":@):G+*A:+>'D'+N"&+>'+;'J":*+*":A
?:A#">A'B)"'>"'">@)*$+C'!+G"<A>E'?A:';A'*"<M>E'B)"'">@+'A?":+#$%&'&A'">E'&$'<)#PA'<"&A>E')&+'>$<?;"'A?":+#$%&'#$"&@=F$#+C
,+>'A>#$;+#$A&">E'#A&>@+&@">'*"';A>'?:"#$A>'"&'";'<":#+*AE'>)'+;H+'D'>)'G+N+E'>"'#A<?"&>+&'D'&$J";+&'<)@)+<"&@"E
:"*)#$Q&*A>"'?A:'>='<$><+>'+;'2/.+0,)-.90,)#A<A'+'>)';"D)$&@":$A:C'7>@+';"D'">';+'B)"'()=+E'?A:'"N"<?;AE'+;'#A<":#$+&@"',)+;
$&*)>@:$+;E'"&'@A*+>';+>'"<?:">+>'*"'#$":@+'*):+#$%&C'7;'#A<":#$+&@"',)";'$&*)>@:$+;'>+G"'B)"C'"&FA#+&*A'"&'#A&N)&@A')&
?":=A*A')&'2,+,);+:(AE';+>'<":#+&#=+>'&A'>"'J"&*"&':"+;<"&@"'2,/).:+0-4)&$'2,/)9.D4I,)*"'3>)?:"#$A'<"*$AC'>$&A'+)">@"
?:"#$AC'8A:'@+&@AE'>='+'Q;';"'$&@":">+>"'">?"#);+:'"&'G+;*"E'">'*"#$:E'>$&';)#:AE'@"&*:=+'&"#">+:$+<"&@"'B)"'?;+&@"+:>"'";
?:AG;"<+'*"';+'#:"+#$%&'*";'#+?$@+;'+>=R'e4%<A'?)"*"'&+#":'";'#+?$@+;E'">@+&*A';A>'2/.+0,3):"();+*A>'?A:'";'?:"#$A'<"*$AE
B)"'@+&@A'J+;"'*"#$:E'"&'R860-4)$&>@+&#$+E'?A:'";'J+;A:'*"';+'<":#+&#=+f'['*$(A'i"&'V;@$<+'$&>@+&#$+jE'?A:B)"';A>'?:"#$A>
<"*$A>'&A'#A$&#$*"&'*$:"#@+<"&@"'#A&';+>'<+(&$@)*">'*"'J+;A:'*"';+>'<":#+&#=+>E'#A<A'"&@$"&*"&'-C'!<$@PE'/$#+:*A'D
A@:A>C
Zc'ih+NA';+'<,/-4)9.)90:./,CCC'";'#+?$@+;'&A'"&("&*:+'(+&+&#$+'+;()&+jC'm/$#+:*AE'#/0:+028.3),<)#,8060+48)N+,:,-E1
2;)bcs;_
\U'7&'+;()&+>'"&#$#;A?"*$+>'*"';+'-&@$(~"*+*'#;M>$#+'?)"*"';"":>"'";'+G>):*A'*"'B)"'"&'";'<)&*A'+&@$()A'">@+G+
D+'?;"&+<"&@"'*">+::A;;+*A'.8)+4206481)i#A&';+'>A;+'*$F":"&#$+'*"'B)"'&A'"S$>@=+&'AG:":A>';$G:">'&$'#:Q*$@AjC'.+<G$Q&'";'>"YA:
3A<<>"&'$&#)::"E'"&'>)'Z036,/04)9.)[,-41)"&')&'=>09)2/,)=>,)@:+>'A@:AC
\O'8A:'">A'P+D'+;()&+>';"($>;+#$A&">'B)"'>"Y+;+&')&';=<$@"'<MS$<A'*"'@$"<?A'?+:+';A>'#A&@:+@A>'*"'@:+G+NAC'7&';A>
?)"G;A>'"&'B)"':"$&+'";'@:+G+NA';$G:"E'@A*A>';A>'#%*$(A>':"(;+<"&@+&';+>'#A&*$#$A&">'*"'*"&)&#$+'*";'#A&@:+@AC'7&'+;()&A>
?+=>">E'>AG:"'@A*A'"&'3QS$#A'mDE'+&@">'*"';+'()"::+'&A:@"+<":$#+&+'*"'!"#">$%&E'"&';A>'@"::$@A:$A>'*"><"<G:+*A>'*"'3QS$#A
#A<A'>"'P+'P"#PA'@+<G$Q&E'"&'#)+&@A'+;'FA&*A'*";'?:AG;"<+E'"&';+>'?:AJ$&#$+>'*";'6+&)G$A'P+>@+'";'*">@:A&+<$"&@A'*"
u)>+^E';+'">#;+J$@)*'+?+:"#"'*$>F:+H+*+'G+NA';+'FA:<+'*"'2.,:4I.;)3"*$+&@"'+&@$#$?A>'B)"'P+&'*"':">#+@+:>"'@:+G+N+&*A'D'B)"
>"'@:+&><$@"&'*"'("&":+#$%&'"&'("&":+#$%&E'";'?"%&E'D'&A'>%;A'Q;E'>$&A'@+<G$Q&'>)'F+<$;$+E'?+>+'+'>":E'*"'P"#PAE'?:A?$"*+*'*"
A@:+>'?":>A&+>'D'*"'>)>'F+<$;$+>C'_)M:"H'+GA;$%'";'?"A&+N"C'8":A'";'@$@);+*A'"<?":+*A:'3+S$<$;$+&A'JA;J$%'+':">@+G;"#":'">@+
$&>@$@)#$%&'?A:'<"*$A'*"')&'*"#:"@AC'B)"'"&';+'4M<+:+'*"':"?:">"&@+&@">'*"'{+>P$&(@A&'P)GA'*"'>":'*"&)&#$+*A
+#":@+*+<"&@"'#A<A'.8)/.364D8.+0-0.:6,)9.)84).3+84B06>9).:)3QS$#AC'i6"''<$>'">?"#$+;">'+?@$@)*">'D'?A>$G$;$*+*">'*"
+#@$J$*+*'F=>$#+'D'">?$:$@)+;'?)"*AC'C'#"*":'4),6/,)>:)>3,)80-0649,).:)+>4:6,)48)60.-2,1)?)">E'+>='*";$<$@+*+>E'>"'*">@+#+&'*"
<$'6,6480949)E)C.:./480949;)4"*$"&*A'6,9,)-F)60.-2,1)+,:+/.649,)2,/).8)6/4D4I,1)D';+'@A@+;$*+*'*"'<$'?:A*)##$%&E
#A&J":@$:=+'.:)2/,20.949)9.),6/,);A'>)>@+&#$+;'*"'";;+C'<$'+#@$J$*+*'D':"+;$*+*'("&":+;E'<$'2./3,:480949;W)mL"(";C
#508,3,250.)9.3)[.+5631)h":;=&E'Ob\UE'?M($&+'OU\E'!'`aC^
ab),A'B)"'#+:+#@":$H+E'?A:'@+&@AE';+'Q?A#+'#+?$@+;$>@+'">'B)"';+'F)":H+'*"'@:+G+NA'+>)<"E'?+:+'";'?:A?$A'AG:":AE';+
FA:<+'*"')&+'<":#+&#=+'B)"';"'?":@"&"#"E'D'>)'@:+G+NAE'?A:'#A&>$()$"&@"E';+'FA:<+'*"'@:+G+NA'+>+;+:$+*AC'4A&'";;A'>"
("&":+;$H+E'+;'<$><A'@$"<?AE';+'FA:<+'<":#+&@$;'*"';A>'?:A*)#@A>'*";'@:+G+NA
a])i7;'J+;A:'mB48>.),/)T,/65^'*"')&'PA<G:"'">E'#A<A'";'*"'@A*+>';+>#*"<M>'#A>+>E'>)'?:"#$AE'A';A'B)"'">';A'<$><AE
;A'B)"'>"'?+(+'?A:'";')>A'9.)3>)<>./H4;t)m.PC'LAGG">E''.B04654:1).:)i,/j31'"*C'3A;">•A:@PE',A&*:">E'ObZcX\\E'9A;C'555E
?M($&+'a`C^
aa)8A:'">A'";'B0880+>3'B)"'"&';+'/A<+'+&@$()+'J$($;+G+E'#A<A')&+'">?"#$"'*"'#+?+@+HE'+';A>'">#;+JA>'+(:=#A;+>C
?":#$G=+'i)&+':+#$%&'<"&A:'B)"';A>'>$":JA>E'D+'B)"'>)'@:+G+NA'":+'@+<G$Q&'<M>';$(":Aj'm.C'3A<<>"&E'Z036,/04)9.)[,-4
uJA;1)OE'TO).9;)h":;=&x'OEbW`E'?C'!52C^
)))))a^)4F:C'(B./?)#,2R8460,:)4:9)063'[.-.9E;)',:9/.31)Ob\`E'?A:'{C'.PC).PA::$@A&E
))))ac)#.66E
))))as)i!)'?:"#$A'&+@):+;E'm">'*"#$:E'";'?:"#$A'&+@):+;'*";'@:+G+NACCC^'#A&>$>@"'"&';+'#+&@$*+*'*"'<"*$A>'*"'J$*+'D'*"
*$>F:)@"'m+,-<,/63^'&"#">+:$A>E'#A&'+::"(;A'+;'#;$<+'D'+';A>'PMG$@A>'*"')&'?+=>E'?+:+'+>"():+:';+'>)G>$>@"&#$+'*";'AG:":A'D'?":g
<$@$:;"'#:$+:')&+'F+<$;$+'=>.)C4/4:60+.)84),<./64)+,:364:6.)9.)6/4D4I,).:).8'-./+49,;W)/CC'.A::"&>C'":'N334E',:'65.'.O6./:48
!,/:'.:+*"E',A&*:">E'ObOWE'?C'`TC'-B)='>"'"<?;"+';+'?+;+G:+'i@:+G+NAj'$<?:A?$+<"&@"E'#A<A'>$&%&$<A'*"'|F)":H+'*"
@:+G+NA|C
aq)[,3301)!,>/3)9f)N+,:,-0.)#,8060=>.1)U/>3.8431)rqab1)2;)]sv
\cC'!$><A&*$E'0A)J"+)S''8:=&#$?">E'"@#C'@C'5E'?C'OOZC
WU''|7;'@:+G+NA'>"'?+(+'>$"<?:"'*">?)Q>'*"'@":<$&+*AC|'M":)$:=>F/E)$&@A'65,3.'#/0:+028.3'/.32.+60:C'65.)Y46>/.),<
A.-4:91).6+CE'?C'OU\C^'i7;'+/P906,)#A<":#$+;'@"&=+'&"#">+:$+<"&@"'B)"'#A<"&H+:'+'?+:@$:'*";'<A<"&@A'"&'B)"'+;'AG:":AE'?:$g
<":'+("&@"'*"';+'?:A*)##$%&4#;"'?":<$@=+&'>)>'+PA::A>'+()+:*+:'P+>@+'";'F$&+;'*"';+'>"<+&+E'*"';+'B)$&#"&+E'*";'<">E'*";
@:$<">@:"E'"@#CE'?+:+'#AG:+:'>)'>+;+:$ACj'm4PC'y+&$;;$E'A.3)dE36P-.3)9.)8fN+,:,-0.)#,8060=>.1)ba)"*CE'8+:=>E'ObTOE'@C'55E'?C'OWU^
WO'|7;'AG:":A'?:">@+'>)';+GA:$A>$*+*'m$&*)>@:D^K'?":AE'+Y+*"'+>@)@+<"&@"'!@A:#PE'i:,'4//0.3C4':494W)-S3)B)"
i?":*":'>)'>+;+:$ACCC'7;'AG:":A'&A'@:+&>F=":"'&$&(V&'AGN"@A'<+@":$+;|C'm!@A:#PE'4A):>'9fN+,:,-F.)#A;$@$B)"E'8"@":>G):(AE
rqr^1)@C'OOE'?C'ZaC^
WT'k&'"N"<?;AC'7&',A&*:">'"S$>@"&'*A>'#;+>">'*"'?+&+*":A>R';A>'iF);;'?:$#"*jE'B)"'J"&*"&'";'?+&'?A:'@A*A';A'B)"
J+;"E'D';A>'i)&*":>";;":>jE'B)"';A'J"&*"&'?A:'<"&A>'*"'>)'J+;A:C'7>@+'V;@$<+'#;+>"'+G+:#+'<M>'*"';+>'@:">'#)+:@+>'?+:@">'*";
#"&>A'@A@+;'*"'?+&+*":A>'m?C'III55'*";'[.2,/6)*";)4A<$>+:$A'*"'(AG$":&A'LC'!C'.:"<"&P"":"'+#":#+'*"';+>'o/0.B4:+.3
+,-2840:.9),<)DE)65.)I,>/:.E-.:)D45./31)"@#CE',A&*:">E'rqcb_;)7>@A>'>:9./3.88./3)B.:9.:)#+>$'@A*A>'";;A>')&'?+&'+*);@":+*A
#A&'<"H#;+'*"'+;)<G:"E'N+G%&E'#"&$H+E'#+;E'+:"&+'*"'6":GD>P$:"'D'A@:A>'$&(:"*$"&@">'$()+;<"&@"'>+&A>E'+(:+*+G;">'D
&)@:$@$JA>'m9Q+>"'";',$G:A'+H);'B)"'#$@+<A>'<M>'+::$G+E'+>='#A<A'";'$&FA:<"'*";'4A<<$@@""',<)rq^^),:)65.'"9>86./460,:),<
U/.49)D';+'AG:+'*";'*A#@A:'L+>>+;>'"9>86./4<8,:3)A.6.+6.91)Tv'"*C',A&*:">E'Ob`;C^'!$:'_AP&'yA:*A&'*"#;+:%'+&@"'";'4A<$@Q
*"'ObWW'B)"E'i+'#A&>"#)"&#$+'*"'">@+>'+*);@":+#$A&">E'";'?AG:"'B)"'J$J"'*"'*A>';$G:+>'*$+:$+>'*"'?+&E'&A':"#$G"'PADE'*"
P"#PAE'&$';+'#)+:@+'?+:@"'*"'">@+'<+@":$+'&)@:$@$J+R'">@AE'>$&'#A&@+:'#A&';A>'*+YA>'B)"'>)?A&"'?+:+'>)'>+;)*jC'8:"()&@+&*A'?A:
B)Q'i)&+'?+:@"'(:+&*=>$<+'*"';+'#;+>"'AG:":+E'#A&A#$"&*A'?":F"#@+<"&@"';+'+*);@":+#$%&E'>$()"'#A<?:+&*A'+;)<G:"E'+:"&+E
"@#CjE'.:"<"&P"#:"':">?A&*"'mJQ+>"'AG:+'#$@CE'?C'I,9555^'B)"'i&A'@$"&"'<M>':"<"*$A'B)"'@A<+:'";'?+&'B)"'>)'?+&+*":A'A'>)
+54:98./f3)3PA?'B)$":+'*+:;">jC'4A<A'&A';">'?+(+&'P+>@+'";'F$&+;'*"';+'>"<+&+'*"'@:+G+NAE'|@$"&"&'B)"'+()+:*+:'@+<G$Q&
P+>@+'";'F$&+;'*"';+'>"<+&+'?+:+'?+(+:'";'?+&'#A&>)<$*A'*):+&@"'Q>@+'?A:'>)>'F+<$;$+>|K'iD'">'&A@A:$A'X+Y+*"'.:"<"&P"":"E
+?A:@+&*A'*"#;+:+#$A&">'*"'@">@$(A>X'B)"'";'?+&'";+GA:+*A'#A&'">+>'<"H#;+>'>"'*">@$&+'.O2/.34-.:6.)4)">@+'#;+>"'*"
#;$"&@">jm5@'$>'&A@A:$)>'@P+@'G:"+*'#A<?A>"*'AF'@PA>"'<$S@):">E'$>':&+*"'"S?:">>;D'FA:'>+;"'$&'@P=>'<+&&"&j^'7&'<)#PA>
*$>@:$@A>'+(:=#A;+>'*"'5&(;+@"::+'mD'<M>'@A*+J=+'"&'7>#A#$+^';A>'>+;+:$A>'>"'?+(+&'*"'*A>'"&'*A>'>"<+&+>'D'P+>@+'*"'<">'"&
<">C'4A&'">@A>';+:(A>'?;+HA>'*"'?+(AE'";'AG:":A'+(:=#A;+'&A'@$"&"'<M>':"<"*$AE'#A<A'">';%($#AE'B)"'#A<?:+:'>)>'<":#+&#=+>
+'#:Q*$@ACCC'!"'J"'AG;$(+*A'+'?+(+:'?:"#$A>'<M>'+;@A>'B)"';A>'*"<M>'D'J$J"'"&#+*"&+*A'<+@":$+;<"&@"'+;'@"&*":AE'B)"';"'F=+C
->='?A:'"N"<?;AE'"&'LA:&$&(>P+<'m{=;@>^E'"&'B)"';A>'>+;+:$A>'>"'+GA&+&'*"'<">'"&'<">E';+'P+:$&+);'B)"'"&'A@:+>'?+:@">
#)">@+'O'#P";=&'D'OU'?"&$B)">C'+'Q;';"'#)">@+C'T'#P";$&">'D'\'?"&$B)">'?A:'>@A&"C'md0O65'[.2,/6',:'#>D8F+'Z.4865)DE)|%5.
@.90+48'(<<0+./',F'65.'#/0BE'!,>:+08|E'"@#CE'Ob`\E'?C'T`\C^'i,A>'">@+<?+*A:">'<+&)+;">'*"'?":#+;'*"'8+$>;D'D'u$;<+:&A#o
mA##$*"&@"'*"'7>#A#$+^'#A&>$()$":A&'"&'ObWZE'(:+#$+>'+')&+'P)";(+E'B)"'";'?;+HA'*"'?+(+C'>"':"*)N">"'*"')&'<">'+'*A>
>"<+&+>Cj'm[.2,/63',<)65.'$:32.+6,/3',<)k4+6,/0.3)]O>@'2#@C'ObWZE'?C'Z\C^'2@:A';$&*A'*">+::A;;A'*";'#:Q*$@A'B)"'";'AG:":A'+G:"
+;'#+?$@+;$>@+'">E'"&'#$":@A'<A*AE'";'<Q@A*A'>"()$*A'?A:'<)#PA>'$&*)>@:$+;">'<$&":A>'$&(;">">'D'B)"'#A&>$>@"'"&'?+(+:'+';A>
AG:":A>'+'F$&'*"'<">E'P+#$Q&*A;">'"&@:"@+&@A'.:6/.C43)4)#)"&@+E'<)#P+>'J"#">'"&'FA:<+'*"'<":#+&#=+>E'B)"';">'#+:(+&'?A:
<M>'*"';A'B)"'J+;"&'"&'";'<":#+*A'm>$>@"<+'@:)#o^C'i7&@:"';A>'?+@:A&A>'*"';+>'<$&+>'m#A+;'<+>@":>^E'">'#A::$"&@"'?+(+:'+';A>
AG:":A>')&+'J"H'+;'<">E'P+#$Q&*A;">'"&@:"(+>'+'#)"&@+'+;'F$&+;'*"'#+*+'>"<+&+C'7>@+>'"&@:"(+>'+'#)"&@+'>"';"'P+#"&'"&';+
@$"&*+'m">'*"#$:E'"&'";'i@A<<DX>PA?j'A'"#A&A<+@A'?":@"&"#$"&@"'+;'?:A?$A'*)"YA^C'7;'AG:":A'@A<+'";'*$&":A'#A&')&+'<+&A'D
;A'>)";@+'#A&';+'A@:+Cj'm!5089/.:f3'N-28,E-.:6'!,--0330,:E'$$$'[.2,/61)',:9/.31)Ob`\E'?C'ZbE'&C'OcTC^