# CREDIT SUISSE SECURITIES (USA) LLC X-17A-5/A (2023-04-28) — Broker-dealer annual report - Company: CREDIT SUISSE SECURITIES (USA) LLC - Form: X-17A-5/A - Filed: 2023-04-28 - Period: 2022-12-31 - Accession: 0000318336-23-000008 - CIK: 318336 - File #: 8-00422 - Type: Broker-dealer - Material weakness: Yes - Auditor: PricewaterhouseCoopers LLP - Auditor location: New York, NY - Contact: Elcin Wood - Phone: 919-994-4792 - Signed by: Sergio Lupetin (Managing Director) Original filing: https://www.sec.gov/Archives/edgar/data/318336/000031833623000008/cssu-sofc_2022a.pdf --- {0}------------------------------------------------ **=0/4?%@4>>0%0.@=4?40>'%,9/%@->4/4,=40> B3:77D:B90/>@->4/4,=D:1=0/4?%@4>>0'%9.** **:9>:74/,?0/%?,?0809?:149,9.4,7:9/4?4:9 >:1?30\*0,=9/0/0.08-0= 9/\$0;:=?:19/0;09/09?\$024>?0=0/"@-74...:@9?4924=8** **"'!' & "@=>@,9??:\$@70 ,0 @9/0=?30%0.@=4?40>C.3,920.?:1** {1}------------------------------------------------ ![](_page_1_Picture_0.jpeg) # **Report of Independent Registered Public Accounting Firm** To the Management and the Board of Managers of Credit Suisse Securities (USA) LLC: ## *Opinion on the Financial Statement – Statement of Financial Condition* We have audited the accompanying consolidated statement of financial condition of Credit Suisse Securities (USA) LLC and its subsidiaries (the "Company") as of December 31, 2022, including the related notes (collectively referred to as the "consolidated financial statement"). In our opinion, the consolidated financial statement presents fairly, in all material respects, the financial position of the Company as of December 31, 2022 in conformity with accounting principles generally accepted in the United States of America. ## *Basis for Opinion* The consolidated financial statement is the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's consolidated financial statement based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audit of this consolidated financial statement in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statement is free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatement of the consolidated financial statement, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statement. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statement. We believe that our audit provides a reasonable basis for our opinion. New York, New York February 28, 2023 We have served as the Company's auditor since 2020. {2}------------------------------------------------ | 3E:3@653E:7CG;H3>7@FE






































































































|

| |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------| | A>>3F7D3>;L768;@3@5;@9E | | | +75GD;F;7EBGD5:3E76G@67D39D77?7@FEFAD7E7>> A8I:;5:
;ED7BADF763F83;DH3>G7 |
| | ;ED7BADF763F83;DH3>G7














































+75GD;F;7E4ADDAI76 A8I:;5: |
| | A8I:;5:I3E7@5G?47D76


























+75GD;F;7ED757;H763E5A>>3F7D3> 3F83;DH3>G7 |
| | ;@3@5;3>;@EFDG?7@FEAI@76 3F83;DH3>G7
A8I:;5:I3E7@5G?47D76 | | | ;E8DA?5A@EA>;63F76.!E














































74F;@EFDG?7@FE A8I:;5: |
| | CG;FK;@EFDG?7@FE










































































































|
| | 7D;H3F;H75A@FD35FE









































































































|
| | DA=7D397D757;H34>7E | | | GEFA?7DE























































































































|
| | DA=7DE 673>7DE3@6AF:7DE






























































































|
| | !@F3@9;4>7E





























































































































|
| | 'F:7D3EE7FE3@66787DD763?AG@FE A8I:;5:
;ED7BADF763F83;DH3>G73@6 | | |

























































































;E8DA?5A@EA>;63F76.!E |
| | ,AF3>3EE7FE


























































































































|

| {3}------------------------------------------------ | F7D?4ADDAI;@9E











































































































+:ADF |

| |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------| | A>>3F7D3>;L768;@3@5;@9E | | | +75GD;F;7EEA>6G@67D39D77?7@FEFAD7BGD5:3E7 A8I:;5:
;ED7BADF763F83;DH3>G7 |
| | ;ED7BADF763F83;DH3>G7


















































+75GD;F;7E>A3@76 A8I:;5: |
| | '4>;93F;A@FAD7FGD@E75GD;F;7ED757;H763E5A>>3F7D3> 3F83;DH3>G7











































|
| | ;@3@5;3>;@EFDG?7@FEEA>6@AFK7FBGD5:3E76 3F83;DH3>G7 | | | 74F;@EFDG?7@FE












































































































|
| | CG;FK;@EFDG?7@FE










































































































|
| | 7D;H3F;H75A@FD35FE








































































































|
| | DA=7D397B3K34>7E | | | GEFA?7DE























































































































|
| | DA=7DE 673>7DE3@6AF:7DE





























































































|
| | +G4AD6;@3F763@6AF:7D>A@9
F7D?4ADDAI;@9E A8I:;5:
;ED7BADF763F83;DH3>G7 | | | 3@6;E8DA?5A@EA>;63F76.!E
























































































|
| | D7BADF763F83;DH3>G7






























































'F:7D>;34;>;F;7E A8I:;5: |
| | ,AF3>>;34;>;F;7E






















































































































|
| | %7?47DE7CG;FK | | | %7?47DE5A@FD;4GF;A@E









































































































|
| | 55G?G>3F76>AEE



















































































































|
| | 55G?G>3F76AF:7D5A?BD7:7@E;H7>AEE

















































































|
| | ,AF3>?7?47DE7CG;FK









































































































|
| | ,AF3>>;34;>;F;7E3@6?7?47DE7CG;FK




















































































|

| {4}------------------------------------------------ ### **!=2,94E,?4:9,9/%@88,=D:1%429414.,9?..:@9?492":74.40>** ## **&30:8;,9D** D76;F+G;EE7+75GD;F;7E-+\$\$3@6+G4E;6;3D;7EF:7A?B3@K;E3I:A>>KAI@76EG4E;6;3DKA8 D76;F+G;EE7-+ !@5F:7(3D7@FAD+-+3@63@;@6;D75FI:A>>KAI@76EG4E;6;3DKA8D76;F+G;EE7 A>6;@9E-+ !@5+ A>6;@9E I:AE7G>F;?3F7B3D7@F;ED76;F+G;EE7DAGB+ ,:7 5A@EA>;63F76 EF3F7?7@F A8 8;@3@5;3> 5A@6;F;A@ ;@5>G67E F:7 355AG@FE A8 F:7 A?B3@K 3@6 3>> .3D;34>7 !@F7D7EF @F;F;7E .!E I:7D7 F:7 A?B3@K ;E F:7 BD;?3DK 47@78;5;3DK +77 &AF7 8AD ?AD7 ;@8AD?3F;A@D793D6;@9F:7A?B3@KPE5A@EA>;63F;A@A8.!E ,:7A?B3@K 3E3-+D79;EF7D764DA=7D 673>7D BDAH;67E3H3D;7FKA853B;F3>D3;E;@9 ?3D=7F?3=;@9 36H;EADK3@64DA=7D397E7DH;57E8AD9AH7D@?7@FE 8;@3@5;3>;@EF;FGF;A@E 5ADBAD3F75>;7@FE3@6388;>;3F7E!F;E3@ G@67DID;F7D B>357?7@F 397@F 3@6 673>7D 8AD ?A@7K ?3D=7F ;@EFDG?7@FE 5A??7D5;3> B3B7D ?ADF9397 3@6 AF:7D3EE7F 435=76E75GD;F;7E 3EI7>>3E3D3@97A8674F 7CG;FK3@6AF:7D5A@H7DF;4>7E75GD;F;7EA85ADBAD3F;A@E 3@6AF:7D;EEG7DE ,:7 355A?B3@K;@9 5A@EA>;63F76 EF3F7?7@F A8 8;@3@5;3> 5A@6;F;A@ :3E 477@ BD7B3D76 8DA? F:7 E7B3D3F7D75AD6E?3;@F3;@764KF:7A?B3@K3@6?3K@AF@757EE3D;>K47;@6;53F;H7A8F:78;@3@5;3>5A@6;F;A@ ADF:7D7EG>FEA8;FEAB7D3F;A@EF:3FIAG>6:3H77J;EF76;8F:7A?B3@K:36477@AB7D3F763E3@G@388;>;3F76 7@F;FK ### **%429414.,9?..:@9?492":74.40>** *\* \* & %% # %&)\$+ &%* ,:7 5A@EA>;63F76 EF3F7?7@F A8 8;@3@5;3> 5A@6;F;A@ ;E BD7B3D76 ;@ 355AD63@57I;F:355AG@F;@9BD;@5;B>7E97@7D3>>K3557BF76;@F:7-@;F76+F3F7EA8?7D;53-+( *\*&\*+ \$+\**%3@397?7@F;ED7CG;D76FA?3=77EF;?3F7E3@63EEG?BF;A@E ;@5>G6;@94GF@AF>;?;F76 FA F:7 83;D H3>G7 ?73EGD7?7@FE A8 57DF3;@ 8;@3@5;3> 3EE7FE 3@6 >;34;>;F;7E F:7 7H3>G3F;A@ A8 H3D;34>7 ;@F7D7EF 7@F;F;7E D75A9@;F;A@A86787DD76F3J3EE7FE 9AA6I;>> B7@E;A@>;34;>;F;7E >793>3@6F3JG@57DF3;@F;7E 3EI7>>3E H3D;AGE5A@F;@97@5;7E,:7E77EF;?3F7E3@63EEG?BF;A@E38875FF:7D7BADF763?AG@FEA83EE7FE3@6>;34;>;F;7E 3@6F:76;E5>AEGD7A85A@F;@97@F3EE7FE3@6>;34;>;F;7E3EA8F:763F7A8F:75A@EA>;63F76EF3F7?7@FA88;@3@5;3> 5A@6;F;A@ /:;>7 ?3@397?7@F 7H3>G3F7E ;FE 7EF;?3F7E 3@6 3EEG?BF;A@E A@ 3@ A@9A;@9 43E;E 35FG3> D7EG>FE 5AG>66;887D?3F7D;3>>K8DA??3@397?7@FPE7EF;?3F7E%3D=7F5A@6;F;A@E?3K;@5D73E7F:7D;E=3@65A?B>7J;FK A8F:7;76;@F:7E77EF;?3F7E *) % '#\*&&%\*&# + &%*!@F7D5A?B3@K43>3@57E3@6FD3@E35F;A@E:3H7477@7>;?;@3F76 *&) %,))%0+)%\*#+ &%*,D3@E35F;A@E67@A?;@3F76;@5GDD7@5;7EAF:7DF:3@F:78G@5F;A@3>5GDD7@5K A8F:7 A?B3@K 3D7 D75AD676 4K D7?73EGD;@9F:7? ;@F:7 8G@5F;A@3> 5GDD7@5K A8F:7 A?B3@K GE;@9F:7 8AD7;9@7J5:3@97D3F7A@F:763F7A8F:7FD3@E35F;A@EA8F:763F7EA8F:7EF3F7?7@FA88;@3@5;3>5A@6;F;A@ ?A@7F3DK3EE7FE3@6>;34;>;F;7E EG5:3ED757;H34>7E3@6B3K34>7E 3D7D7BADF76GE;@9F:7K73D 7@6EBAF8AD7;9@ 7J5:3@97D3F7E&A@ ?A@7F3DK3EE7FE3@6>;34;>;F;7E3D7D75AD676GE;@9F:7:;EFAD;57J5:3@97D3F7 {5}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{6}------------------------------------------------ ### **!=2,94E,?4:9,9/%@88,=D:1%429414.,9?..:@9?492":74.40>** *,) + \* #% % % &))&. % +)%\*+ &%\** +75GD;F;7E 4ADDAI76 3@6 E75GD;F;7E >A3@76 F:3F 3D7 53E: 5A>>3F7D3>;L763D7;@5>G676;@F:75A@EA>;63F76EF3F7?7@FA88;@3@5;3>5A@6;F;A@3F3?AG@FE7CG3>FAF:753E: 36H3@576ADD757;H76!8E75GD;F;7ED757;H763E5A>>3F7D3>;@3E75GD;F;7E>7@6;@93@64ADDAI;@9FD3@E35F;A@?3K 47 EA>6 AD D7B>76976 F:7K 3D7 D75AD676 3E E75GD;F;7E D757;H76 3E 5A>>3F7D3>;@F:7 5A@EA>;63F76 EF3F7?7@F A8 8;@3@5;3> 5A@6;F;A@ 3@6 3 5ADD7EBA@6;@9 A4>;93F;A@ FA D7FGD@ F:7 E75GD;FK ;E D75AD676 +75GD;F;7E >7@6;@9 FD3@E35F;A@E393;@EF@A@ 53E:5A>>3F7D3>;@I:;5:F:7A?B3@K:3EF:7D;9:FFAD7E7>>ADD7B>7697F:75A>>3F7D3> D757;H76 3D7 D75AD676 3F F:7 83;D H3>G7 A8 F:7 5A>>3F7D3> ;@;F;3>>K D757;H76 7DF3;@ E75GD;F;7E >A3@76 3@6 E75GD;F;7E4ADDAI76FD3@E35F;A@EF:3FD7BD7E7@F?3F5:76 4AA=35F;H;F;7E3D753DD;763F83;DH3>G7ADE75GD;F;7E 4ADDAI;@9 3@6 >7@6;@9 FD3@E35F;A@E F:7 A?B3@K 67BAE;FE AD D757;H7E 53E: AD E75GD;F;7E 5A>>3F7D3> ;@ 3@ 3?AG@F97@7D3>>K;@7J57EEA8F:7?3D=7FH3>G7A8E75GD;F;7E4ADDAI76AD>7@F,:7A?B3@K?A@;FADEF:783;D H3>G7 A8 E75GD;F;7E 4ADDAI76 3@6 >A3@76 A@ 3 63;>K 43E;E I;F: 366;F;A@3> 5A>>3F7D3> A4F3;@76 AD B>76976 3E @757EE3DK 55DG76;@F7D7EF;@5A?73@67JB7@E73D7D75AD676;@F:7E3?7?3@@7D3EG@67DF:7355DG3>?7F:A6 ;@AF:7D3EE7FE3@6>;34;>;F;7E;@F:75A@EA>;63F76EF3F7?7@FA88;@3@5;3>5A@6;F;A@ *%% # %\*+),\$%+\* &.%* ;@3@5;3> ;@EFDG?7@FE AI@76 ;@5>G67 674F E75GD;F;7E ?3D=7F34>7 7CG;FK ;@EFDG?7@FE 3@6 67D;H3F;H7 ;@EFDG?7@FE I:;5: 3D7 53DD;76 3F 83;D H3>G7 3@6 5>3EE;8;76 3E FD36;@9 43E76 A@ ?3@397?7@FPE;@F7@F\*79G>3D I3KE75GD;FKFD3@E35F;A@E3D7D75AD676A@3FD36763F743E;E *) -+ -&%+)+\**>>67D;H3F;H75A@FD35FE3D753DD;763F83;DH3>G7,:783;DH3>G73?AG@FE3EEA5;3F76 I;F:67D;H3F;H7;@EFDG?7@FE3D7D7BADF76@7F4K5AG@F7DB3DFK35DAEEBDA6G5FE BDAH;6763>793>>K7@8AD5734>7 ?3EF7D@7FF;@939D77?7@F7J;EFE3@6EG5:BDAH;E;A@E3D7EF3F76;@F:7?3EF7D@7FF;@939D77?7@F,:783;DH3>G7 3?AG@FED75A9@;L768AD67D;H3F;H7;@EFDG?7@FE 3EI7>>3EF:783;DH3>G73?AG@FED75A9@;L768ADF:7D;9:FFA D75>3;?53E:5A>>3F7D3>ADF:7A4>;93F;A@FA D7FGD@53E:5A>>3F7D3> 3D7 D7BADF76@7F,:7A?B3@K?3K7@F7D ;@FAFD3@E35F;A@EF:3F:3H7@A@ D79G>3DI3KE7FF>7?7@FF7D?E I:;5:;83>>D7CG;D7?7@FE3D7?7F 3D7FD73F763E @A@ D79G>3D I3K355AG@F;@967D;H3F;H7E6GD;@9F:7B7D;A68DA?FD36763F7FAE7FF>7?7@F63F7+77&AF7E3@6 8AD?AD7;@8AD?3F;A@ *) + #&\*\*\* &% %% # %\*+),\$%+\* \$\*,) + \$&)+ 1 &\*+* ,:7 5D76;F >AEE D7CG;D7?7@FE 3BB>K FA 8;@3@5;3> 3EE7FE ?73EGD76 3F 3?ADF;L76 5AEF 3E I7>> 3E 57DF3;@ A88 43>3@57 E:77F 5D76;F 7JBAEGD7E EG5: 3E ;DD7HA534>7>A3@5A??;F?7@FE3@6E;?;>3D;@EFDG?7@FE,:75D76;F>AEED7CG;D7?7@FE3D743E76A@38ADI3D6 >AA=;@9 >;87F;?7 5GDD7@F 7JB75F76 5D76;F >AEE \$ ?A67> 4K ;@5ADBAD3F;@9 D73EA@34>7 3@6 EGBBADF34>7 8AD753EFE A8 8GFGD7 75A@A?;5 5A@6;F;A@E 3H3;>34>7 3FF:7 D7BADF;@9 63F7 ,:7 7EF;?3F;A@ 3@6 3BB>;53F;A@ A8 8ADI3D6 >AA=;@9;@8AD?3F;A@D7CG;D7ECG3@F;F3F;H73@3>KE;E3@6E;9@;8;53@FF7D?A8F:78;@3@5;3>3EE7FEF3=;@9;@FA355AG@FF:778875FA8BD7B3K?7@FE,:;E D7CG;D7E 5A@E;67D34>7> 3E 5:3@97E;@ 8ADI3D6 >AA=;@94ADDAI7D EB75;8;55:3D35F7D;EF;5EI;>>38875FF:7\$3?AG@FE {7}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{8}------------------------------------------------ ### **!=2,94E,?4:9,9/%@88,=D:1%429414.,9?..:@9?492":74.40>** *%+ # %+% # \*\*+\** !@678;@;F7 >;H76 ;@F3@9;4>7 3EE7FE 3D7 D7H;7I76 3@@G3>>K 8AD ;?B3;D?7@F AD ?AD78D7CG7@F>K;83FD;997D7H7@F;E;67@F;8;76 *\$' )\$%+ &%%&%- %% # \*\*+\**,:7A?B3@K7H3>G3F7E BD7?;E7E 3@67CG;B?7@F 8AD;?B3;D?7@F 3F >73EF3@@G3>>K3@6I:7@7H7D7H7@FEAD5:3@97E;@5;D5G?EF3@57E;@6;53F7F:3FF:753DDK;@93?AG@F?3K@AF47 D75AH7D34>7,:7;?B3;D?7@F3EE7EE?7@F;EB7D8AD?768AD3@;@6;H;6G3>3EE7FAD I:7D73BB>;534>7 39DAGBA8 3EE7FE 8ADI:;5:>3D97>KE7B3D3F753E: 8>AIE53@47;67@F;8;76\*75A9@;F;A@A83@;?B3;D?7@FA@EG5:3EE7FE 7EF34>;E:7E3@7I5AEF43E7 I:;5:;E@AF36G7 *%&\$+/\**,:7A?B3@K;E;@5>G676;@F:75A@EA>;63F768767D3>3@657DF3;@EF3F73@6>A53>;@5A?7 F3J +\$, D7FGD@E 8;>76 4K + A>6;@9E + A>6;@9E 3>>A53F7E 8767D3> ;@5A?7 F3J 3@6 +\$, FA ;FE EG4E;6;3D;7E A@ 3 ?A6;8;76 E7B3D3F7 5A?B3@K 43E;E BGDEG3@F FA 3 F3J E:3D;@9 3DD3@97?7@F ,3J 47@78;FE D7>3F76FA53DDK8ADI3D6E3D7D75AD676A@>KFAF:77JF7@FF:7K5AG>647GE765GDD7@F>KAD;@F:78GFGD7FAD76G57 5A@EA>;63F768767D3>AD+\$,7JB7@E7 ,:7A?B3@KGE7EF:73EE7F3@6>;34;>;FK?7F:A6;@BDAH;6;@98AD;@5A?7F3J7E I:;5:D7CG;D7EF:3F 6787DD76 ;@5A?7F3J7E 47 D75AD676 3@6 36;63F76EF3F7?7@FA8 8;@3@5;3>5A@6;F;A@ADF3JD7FGD@E 43E76GBA@7@35F76F3J>3IE 3@6D3F7E787DD76F3J3EE7FE3D7D75A9@;L76EG4<75FFA?3@397?7@FPE;L3F;A@;E?AD7>;=7>K F:3@@AF ,:7A?B3@K8A>>AIEF:79G;63@57D793D6;@9F:7355AG@F;@98ADG@57DF3;@FK;@;@5A?7F3J7E I:;5: E7FEAGF35A@E;EF7@F8D3?7IAD=FA67F7D?;@7F:73BBDABD;3F7>7H7>A8F3JD7E7DH7EFA?3;@F3;@8ADG@57DF3;@ F3JBAE;F;A@E,:7A?B3@KGE7E3FIA EF7B3BBDA35:;@D75A9@;L;@93@6?73EGD;@9;FEG@57DF3;@F3J47@78;FE I:7D74K;F;E 8;DEF67F7D?;@76;8F:7F3JBAE;F;A@;E?AD7>;=7>KF:3@@AFFA47EGEF3;@76G@67D7J3?;@3F;A@ +GEF3;@34>7 ;@5A?7 F3J BAE;F;A@E 3D7 F:7@ ?73EGD76 FA 67F7D?;@7 F:7 3?AG@F A8 47@78;F 7>;9;4>7 8AD D75A9@;F;A@;@F:78;@3@5;3>EF3F7?7@FE35:EG5:EGEF3;@34>7;@5A?7F3JBAE;F;A@;E?73EGD763FF:7>3D97EF 3?AG@FA847@78;FF:3F;E?AD7>;=7>KF:3@@AFFA47D73>;L76GBA@G>F;?3F7E7FF>7?7@F *)&") ) -#\* % )&") '0#\** ,:7 A?B3@K D75A9@;L7E D757;H34>7E 3@6 B3K34>7E 8DA? FD3@E35F;A@E;@ 8;@3@5;3>;@EFDG?7@FEBGD5:3E76 8DA?3@6 EA>6FA5GEFA?7DE 43@=E3@64DA=7D 673>7DE,:7 A?B3@K;E7JBAE76FAD;E=A8>AEED7EG>F;@98DA?F:7;@34;>;FKA85AG@F7DB3DF;7EFAB3K8ADAD67>;H7D8;@3@5;3> ;@EFDG?7@FEBGD5:3E76ADEA>6 ;@I:;5:53E7F:7A?B3@KIAG>6:3H7FAE7>>ADBGD5:3E7 D7EB75F;H7>K F:7E7 8;@3@5;3>;@EFDG?7@FE3FBD7H3;>;@9?3D=7FBD;57E,AF:77JF7@F3@7J5:3@97AD5>73D;@9AD93@;L3F;A@35FE3E 5AG@F7DB3DFKFA3FD3@E35F;A@ 5D76;FD;E=;E97@7D3>>K5A@E;67D76FA47>;?;F76,:7A?B3@K7EF34>;E:7E5D76;F >;?;FE 8AD 735: 5GEFA?7D 3@6 D7CG;D7E F:7? FA ?3;@F3;@ ?3D9;@ 5A>>3F7D3> ;@ 5A?B>;3@57 I;F: 3BB>;534>7 D79G>3FADK 3@6 ;@F7D@3> 9G;67>;@7E !@ AD67DFA 5A@6G5FFD367EI;F: 3@ 7J5:3@97 AD 3F:;D6 B3DFK 43@= F:7 A?B3@K;E D7CG;D76FA?3;@F3;@ 3?3D9;@,:;E;EGEG3>>K;@F:7 8AD? A853E: 3@6 67BAE;F76;@ 3 E7B3D3F7 ?3D9;@ 355AG@F I;F: F:7 7J5:3@97 AD 4DA=7D !8 3H3;>34>7 ;@8AD?3F;A@ ;@6;53F7E F:3F ;F ;E BDA434>7 F:3F 3 4DA=7D397D757;H34>7;E;?B3;D76 3@3>>AI3@57;E7EF34>;E:76/D;F7 A88EA84DA=7D397D757;H34>7EA55GD;8F:7 AGFEF3@6;@93?AG@FE3D75A@E;67D76G@5A>>75F;4>7 {9}------------------------------------------------ ### **!=2,94E,?4:9,9/%@88,=D:1%429414.,9?..:@9?492":74.40>** \*757;H34>7E 8DA? 3@6 B3K34>7E FA 5GEFA?7DE ;@5>G67 3?AG@FE 6G7 A@ D79G>3D I3K E75GD;F;7E FD3@E35F;A@E ?3D9;@ FD3@E35F;A@E 3@6 8GFGD7E +75GD;F;7E AI@76 4K 5GEFA?7DE ;@5>G6;@9 F:AE7 F:3F 5A>>3F7D3>;L7 ?3D9;@ AD E;?;>3D FD3@E35F;A@E 3D7 :7>6 8AD 5>;7@FE A@ 3@ 397@5K AD 8;6G5;3DK 53B35;FK 4K F:7 A?B3@K 3D7 @AF 3EE7FE A8F:7 A?B3@K 3@6 3D7 @AF D78>75F76 ;@F:7 5A@EA>;63F76 EF3F7?7@F A8 8;@3@5;3> 5A@6;F;A@\*757;H34>7E8DA?3@6B3K34>7EFA5GEFA?7DE3D7D75AD6763F3?ADF;L765AEF@7FA83@K3>>AI3@57E 8AD5D76;F>AEE7E \*757;H34>7E8DA?4DA=7DE 673>7DE3@6AF:7DE;@5>G673?AG@FED757;H34>78ADE75GD;F;7E@AF67>;H7D76 4KF:7A?B3@KFA3BGD5:3E7D4KF:7E7FF>7?7@F63F783;>EFA67>;H7D A?@;4GED757;H34>7E D757;H34>7E8DA? 5>73D;@9AD93@;L3F;A@E7J5>G6;@953E:5A>>3F7D3>D757;H34>7ED7>3F;@9FA;@;F;3>?3D9;@I;F:7J5:3@97EI:;5:3D7 ;@5>G676;@AF:7D3EE7FEA@F:7EF3F7?7@FA88;@3@5;3>5A@6;F;A@ 3@6AF:7D@A@ 5GEFA?7DD757;H34>7E I:;5: 3D7BD;?3D;>K3?AG@FE D7>3F76FA 8GFGD7E5A@FD35FE(3K34>7EFA4DA=7DE 673>7DE3@6AF:7DE;@5>G673?AG@FE B3K34>7 8AD E75GD;F;7E @AF D757;H76 4KF:7 A?B3@K 8DA? 3 E7>>7D 4KF:7 E7FF>7?7@F 63F783;>EFA D757;H7 B3K34>7EFA5>73D;@9AD93@;L3F;A@E3@6AF:7D@A@ 5GEFA?7DB3K34>7E I:;5:3D7BD;?3D;>K3?AG@FED7>3F76FA 8GFGD7E 5A@FD35FE !@ 366;F;A@ F:7 @7F D757;H34>7 AD B3K34>7 3D;E;@9 8DA? G@E7FF>76 D79G>3D I3K FD367E ;E ;@5>G676;@D757;H34>7E8DA?4DA=7DE 673>7DE3@6AF:7DEADB3K34>7EFA4DA=7DE 673>7DE3@6AF:7DE 3EI7>>3E E7FF>7?7@F B3K?7@FE A8 F:7 ?3D= FA ?3D=7F H3D;3F;A@ ?3D9;@ 8DA? E7FF>76 FA ?3D=7F 67D;H3F;H7 5A@FD35FE \*757;H34>7E 8DA? 4DA=7DE 673>7DE 3@6 AF:7DE 3@6 B3K34>7E FA 4DA=7DE 673>7DE 3@6 AF:7DE 3D7 D75AD676 3F 3?ADF;L765AEF@7FA83@K3>>AI3@57E8AD5D76;F>AEE7E *,&) %+%&+)#&%-+)\$&))&. %\**,:7A?B3@K53DD;7E>A@9 F7D?4ADDAI;@9EA857DF3;@.!E BD;@5;B3>>K D7E;67@F;3> ?ADF9397 435=76 E75GD;F;7E \*%+ 3@6 5A??7D5;3> ?ADF9397 435=76 E75GD;F;7E %+ I:;5:3D75A@EA>;63F76G@67D-+(3F 83;DH3>G7T,:7A?B3@K53DD;7E;FEEG4AD6;@3F763@6 >A@9 F7D?4ADDAI;@9EI;F:388;>;3F7EA@3@355DG3>43E;E+77&AF7E 3@68AD?AD7;@8AD?3F;A@ *,) + 1+ &%* ,:7 A?B3@K E75GD;F;L7E BD;?3D;>K \*%+ 3@6 %+ 78AD7 67D75A9@;L;@9 3EE7FE FD3@E87DD76;@5A@@75F;A@I;F:E75GD;F;L3F;A@FD3@E35F;A@E F:7A?B3@K?GEF3EE7EEI:7F:7DF:3FFD3@E87D;E 355AG@F768AD3E3E3>7A8F:73EE7FE,D3@E87DEA83EE7FE?3K@AF?77FE3>7D7CG;D7?7@FE;8F:73EE7FE:3H7@AF 477@>793>>K;EA>3F768DA?F:7A?B3@K3@6 AD;8F:7A?B3@KPE5A@F;@G;@9;@HA>H7?7@F;E677?76FA9;H7;F 78875F;H7 5A@FDA> AH7D F:7 3EE7FE !8 F:7 FD3@E87D 83;>E E3>7 355AG@F;@9 ;F ;E 355AG@F76 8AD 3E 3 E75GD76 4ADDAI;@9 I;F:F:7FD3@E87DD763EE7FE3E5A>>3F7D3> 8ADF:74ADDAI;@9,:7A?B3@K?3K D7F3;@;@F7D7EFE;@ F:7E7E75GD;F;L763EE7FE;@5A@@75F;A@I;F:;FEG@67DID;F;@93@6?3D=7F ?3=;@935F;H;F;7E\*7F3;@76;@F7D7EFE;@ E75GD;F;L76 8;@3@5;3> 3EE7FE 3D7 ;@5>G676 3F 83;D H3>G7 ;@ 8;@3@5;3> ;@EFDG?7@FE AI@76 ;@ F:7 5A@EA>;63F76 EF3F7?7@F A8 8;@3@5;3> 5A@6;F;A@,:7 83;D H3>G7E A8 D7F3;@76 ;@F7D7EFE 3D7 67F7D?;@76GE;@9 7;F:7D BD;57E A8 5A?B3D34>7 E75GD;F;7E A4E7DH76 ;@F:7?3D=7F H7@6AD BD;57E ADF:7 BD7E7@F H3>G7 A8 7EF;?3F76 8GFGD7 53E: 8>AI H3>G3F;A@ F75:@;CG7E F:3F ;@5ADBAD3F7 3EEG?BF;A@E F:3F ?3D=7F B3DF;5;B3@FE 5GEFA?3D;>K GE7 ;@ F:7;D 7EF;?3F7E A8 H3>G7E ;@5>G6;@9 BD7B3K?7@F EB776E 5D76;F >AEE7E 3@6 6;E5AG@F D3F7E +77 &AF7 8AD ?AD7 ;@8AD?3F;A@ {10}------------------------------------------------ ### **!=2,94E,?4:9,9/%@88,=D:1%429414.,9?..:@9?492":74.40>** *)&!+% +&# + &%*,:7A?B3@KGE7EF:7BDA<75F76G@;F5D76;F35FG3D;3>?7F:A6FA67F7D?;@7 F:7BD7E7@FH3>G7A8;FEBDA<75F7647@78;FA4>;93F;A@('3@6F:75GDD7@F3@6B3EFE7DH;575AEFEAD5D76;FE D7>3F76FA;FE678;@7647@78;F3@6AF:7DBAEF D7F;D7?7@F47@78;FB>3@E,:7?73EGD7?7@F63F7GE76FAB7D8AD? F:7 35FG3D;3> H3>G3F;A@ ;E 757?47D EF 7DF3;@ =7K 3EEG?BF;A@E 3D7 GE76 ;@ B7D8AD?;@9 F:7 35FG3D;3> H3>G3F;A@E,:7E7 3EEG?BF;A@E?GEF 47?367 5A@57D@;@9F:7 8GFGD7 7H7@FEF:3FI;>> 67F7D?;@7F:7 3?AG@F 3@6F;?;@9 A8F:7 47@78;F B3K?7@FE 3@6F:GE D7CG;D7 E;9@;8;53@F3@ 3EE7FE 3@6 E3>3DK;@5D73E7E,:7 3EEG?76 6;E5AG@F D3F7E D78>75FF:7 D3F7E 3FI:;5:F:7 B7@E;A@ 47@78;FE 5AG>6 47 78875F;H7>K E7FF>76 ,:7E7 D3F7E 3D7 67F7D?;@76 43E76 A@ K;7>6E A8 :;9: CG3>;FK 5ADBAD3F7 4A@6E 5GDD7@F>K3H3;>34>73@63D77JB75F76FA473H3;>34>76GD;@9F:7B7D;A6FA?3FGD;FKA8F:7B7@E;A@47@78;FE,:7 7JB75F76 >A@9 F7D? D3F7 A8 D7FGD@ A@ B>3@ 3EE7FE ;E 67F7D?;@76 A@ 3 B>3@ 43E;E F3=;@9 ;@FA 355AG@F 3EE7F 3>>A53F;A@ :;EFAD;53> D3F7 A8 D7FGD@ 47@5:?3D= ;@6;57E 8AD E;?;>3D FKB7 B7@E;A@ B>3@ 3EE7FE >A@9 F7D? 7JB75F3F;A@E A8 8GFGD7 D7FGD@E 3@6 ;@H7EF?7@F EFD3F79K 73>F: 53D7 5AEF FD7@6 D3F7E 3D7 67F7D?;@76 4K D7H;7I;@9 7JF7D@3> 63F3 3@6F:7A?B3@KPE AI@ :;EFAD;53>FD7@6E 8AD :73>F: 53D7 5AEFE+3>3DK;@5D73E7E 3D7 67F7D?;@76 4K D7H;7I;@9 7JF7D@3> 63F3 3@6 5A@E;67D;@9 ;@F7D@3> BDA<75F;A@E ,:7 8G@676 EF3FGE A8 F:7 A?B3@KPE678;@7647@78;FBAEF D7F;D7?7@F3@6B7@E;A@B>3@E;ED75A9@;L76;@F:75A@EA>;63F76EF3F7?7@FA8 8;@3@5;3>5A@6;F;A@ ## **%& \$%&!!"& '&'\$"\$!%** ## **%&:;4. F,4=(,7@00,>@=0809?** !@"G@7 F:7+;EEG7655AG@F;@9+F3@63D6E-B63F7 Q3;D.3>G7%73EGD7?7@FA8 CG;FK+75GD;F;7E+G4<75FFAA@FD35FG3>+3>7\*7EFD;5F;A@ER+- 3@GB63F7FA+,AB;5 M3;D .3>G7%73EGD7?7@F,:73?7@6?7@FE;@+-5>3D;8KF:3F35A@FD35FG3>D7EFD;5F;A@A@F:7E3>7A83@ 7CG;FK E75GD;FK ;E @AF 5A@E;67D76 B3DF A8 F:7 G@;F A8 355AG@F A8 F:7 7CG;FK E75GD;FK 3@6 F:7D78AD7 ;E @AF 5A@E;67D76 ;@ ?73EGD;@9 83;D H3>G7 ,:7 3?7@6?7@FE 5>3D;8K F:3F 3@ 7@F;FK 53@@AF 3E 3 E7B3D3F7 G@;F A8 355AG@F D75A9@;L7 3@6 ?73EGD7 3 5A@FD35FG3> E3>7 D7EFD;5F;A@ ,:7 3?7@6?7@FE D7CG;D7 @7I 6;E5>AEGD7E D7>3F76 FA 7CG;FK E75GD;F;7E EG4<75F FA 5A@FD35FG3> E3>7 D7EFD;5F;A@E ;@5>G6;@9 F:7 83;D H3>G7 A8 EG5: 7CG;FK E75GD;F;7E F:7 @3FGD7 3@6 D7?3;@;@9 6GD3F;A@ A8F:7 5ADD7EBA@6;@9 D7EFD;5F;A@E 3@6 3@K 5;D5G?EF3@57EF:3F 5AG>653GE73>3BE7;@F:7D7EFD;5F;A@E ,:73?7@6?7@FE3D778875F;H78AD3@@G3>D7BADF;@9B7D;A6E479;@@;@938F7D757?47D 3@6 8ADF:7 ;@F7D;? B7D;A6EI;F:;@F:AE7 3@@G3> D7BADF;@9 B7D;A6E3D>K 36ABF;A@ ;E B7D?;FF76 ;@5>G6;@9 ;@ 3@ ;@F7D;? B7D;A6 ,:7 A?B3@K ;E 5GDD7@F>K 7H3>G3F;@9 F:7 ;?B35F A8 F:7 36ABF;A@ A8 +- A@ F:7 A?B3@KPE5A@EA>;63F76EF3F7?7@FA88;@3@5;3>5A@6;F;A@ ## **@>490>>0A07:;809?>** !@'5FA47D 8A>>AI;@9 3 EFD3F79;5 D7H;7I 5A@6G5F76 4KF:7A3D6 A8;D75FADE 3@6J75GF;H7 A3D6 + 3@@AG@576 3 E7D;7E A8 675;E;H7 35F;A@E;?B35F;@9F:7A?B3@K,:7E7 35F;A@EI;>> D7EG>F;@ 3 E;9@;8;53@FD7EFDG5FGD;@9A8F:7!@H7EF?7@F3@= EFD7@9F:7@763@6D73>>A53F7653B;F3>3@63@3557>7D3F765AEF FD3@E8AD?3F;A@E B3DF A8F:;E 3@@AG@57?7@F 8A>>AI;@9 3FD3@E;F;A@ B7D;A6 F:7 !@H7EF?7@F3@=PE 53B;F3> ?3D=7FE 3@6 36H;EADK 35F;H;F;7E ;E 7JB75F76 FA >736 FA F:7 5D73F;A@ A8 + ;DEF AEFA@ !@ 3@ 788ADF FA EFD7@9F:7@;FE53B;F3>43E7 +:3E7@F7D76;@FA678;@;F;H7FD3@E35F;A@39D77?7@FEFAE7>>3E;9@;8;53@FB3DFA8 ;FE+75GD;F;L76(DA6G5FEDAGB+(,:7A?B3@KPE+(4GE;@7EEI;>>475A?7B3DFA8F:73B;F3>\*7>73E7 {11}------------------------------------------------ ## **@>490>>0A07:;809?>** -@;F\*-I:;5:I3E7EF34>;E:76 78875F;H7"3@G3DK 3E3E7B3D3F76;H;E;A@FA3557>7D3F7F:7D76G5F;A@ A83EE7FE D7>73E753B;F3>3@6D76G57D;E=3@6?3@397F:7D7?3;@;@94GE;@7EEA8F:7+(!@366;F;A@ +:3E 3>EA;@;F;3F763@3557>7D3F765AEFFD3@E8AD?3F;A@BDA9D3?I;F:;@;F;3F;H7E;@5>G6;@9@A@ 5AD7G@;FI;@66AI@ 3@6 4GE;@7EE 67E5AB;@9 AD93@;L3F;A@3> E;?B>;8;53F;A@ IAD=8AD57 ?3@397?7@F 3@6 F:;D6 B3DFK 5AEF ?3@397?7@F ## **\$0>?=@.?@=492** !@ &AH7?47D + 3@@AG@576 F:3F F:7 A3D6 A8 ;D75FADE :36 G@3@;?AGE>K 39D776 A@ 3 EFD3F79;56;D75F;A@3@63BBDAH76F:7;@FDA6G5F;A@A839>A43>4GE;@7EE3@6D79;A@3>?3FD;JEFDG5FGD7EB3DF A8F:73@@AG@57?7@F F:7A?B3@K7J;F76F:7BD;?7E7DH;57E4GE;@7EE;@ 66;F;A@3>>K 3E 3@@AG@576 ;@ '5FA47D + ;@;F;3F76 3@ 3557>7D3F76 5AEF FD3@E8AD?3F;A@ BDA9D3? 3;?76 3F D76G5;@9 ;FE 5AEF 43E7 4K ,:7 ;?B>7?7@F3F;A@ A8 5AEF D76G5F;A@ 35F;H;F;7E 5A??7@576;@F:7E75A@6:3>8A8 !@ 5A@@75F;A@ I;F: F:7E7 5:3@97E F:7 A?B3@K :36 3 D7EFDG5FGD;@9 BDAH;E;A@ ;@ AF:7D >;34;>;F;7E I;F:;@F:75A@EA>;63F76EF3F7?7@FA88;@3@5;3>5A@6;F;A@3EA8757?47D | | 0.08-0=
| |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------| | \$0>?=@.?@=49274,-474?40>
| 984774:9> | |


















































































3EA8F:7479;@@;@9A8B7D;A6 |

N | | 3EA8757?47D
























































































|
|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{12}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{13}------------------------------------------------ ### **,4=(,7@0:149,9.4,79>?=@809?>** ## **#@,9?4?,?4A04>.7:>@=0>:1,4=(,7@0>** **++++++++++++++++++++++++** ,:78A>>AI;@9;E3F34G>3DBD7E7@F3F;A@A883;DH3>G7A83EE7FE3@6>;34;>;F;7E8AD;@EFDG?7@FE?73EGD76 3F83;DH3>G7A@3D75GDD;@943E;E | 0.08-0=
| 0A07 | 0A07 | 0A07 | &:?,7,?1,4=
A,7@0 | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------|------------|-----------|----------------------| | | | !@?;>>;A@E | | | | >>0?> | | | | | | *7E3>739D77?7@FE


























































|

N |

|

N |

| | +75GD;F;7E4ADDAI76FD3@E35F;A@E




































|
N |
|
N |
| | +75GD;F;7ED757;H763E5A>>3F7D3> | | | | | | 74F;@EFDG?7@FE






















































|
|
N |
N |
| | ,AF3>E75GD;F;7ED757;H763E5A>>3F7D3>






























|
|
N |
N |
| | ;@3@5;3>;@EFDG?7@FEAI@76 | | | | | | 74F;@EFDG?7@FE | | | | | | -+8767D3>9AH7D@?7@F













































|
|
N |
N |
| | A??7D5;3>?ADF9397
435=76E75GD;F;7E



















|
N |
|
|
| | ADBAD3F7E
































































|
N |
|
|
| | AD7;9@9AH7D@?7@F

















































|
N |
|
N |
| | 'F:7D\$'E





























































|
N |
|
|
| | 435=76E75GD;F;7E






















*7E;67@F;3>?ADF9397 |
N |
|
|
| | ,AF3>674F;@EFDG?7@FE


















































|
|
|
|
| | CG;FK;@EFDG?7@FE
























































|
|
|
|
| | 7D;H3F;H75A@FD35FE | | | | | | !@F7D7EFD3F7BDA6G5FE















































|
|
|
N |
| | AD7;9@7J5:3@97BDA6G5FE







































|
N |
|
N |
| | CG;FK ;@67J
D7>3F76BDA6G5FE


































|
N |
|
N |
| | D76;FBDA6G5FE

























































|
N |
|
|
| | &7FF;@9

































































| | | |
| | ,AF3>67D;H3F;H75A@FD35FE














































|
|
|
|
| | 'F:7D3EE7FE | | | | | | \$A3@E:7>6
8AD
E3>7



















































|
N |
|
N |
| | 'F:7D








































































|
N |
N |
|
| | ,AF3>AF:7D3EE7FE



























































|
N |
|
|
| | &:?,7,>>0?>,?1,4=A,7@0 |

|

|

|

| 7D;H3F;H75A@FD35FE3D7D7BADF76A@39DAEE43E;E4K>7H7> I;F:F:7FAF3>3F83;DH3>G75A>G?@;@5>G6;@9F:7;?B35FA8@7FF;@9,:7 ;?B35FA8@7FF;@9D7BD7E7@FE3@363F76FA5AG@F7DB3DFK3@653E:5A>>3F7D3>@7FF;@9I:7D7F:7A?B3@K:3E3>793>3@6 7@8AD5734>7D;9:FFA@7F {14}------------------------------------------------ ### **,4=(,7@0:149,9.4,79>?=@809?>** | 0.08-0=
| 0A07 | | | 0A07 | 0A07 | | &:?,7,?1,4=
A,7@0 | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------|---|------------|------|------|---|----------------------| | | | | !@?;>>;A@E | | | | | | 4,-474?40> | | | | | | | | | *7BGD5:3E739D77?7@FE

















































|
| N |
| |
| N |

| | +75GD;F;7E>A3@76FD3@E35F;A@E








































| | N | | | | N |
| | '4>;93F;A@FAD7FGD@E75GD;F;7ED757;H763E5A>>3F7D3> | | | | | | | | | 74F;@EFDG?7@FE






















































| | | | N | | N |
| | ,AF3>A4>;93F;A@FAD7FGD@E75GD;F;7ED757;H763E5A>>3F7D3> | | | | N | | N |
| | ;@3@5;3>;@EFDG?7@FEEA>6 @AFK7FBGD5:3E76 | | | | | | | | | 74F;@EFDG?7@FE | | | | | | | | | -+8767D3>9AH7D@?7@F













































| | | | N | | N |
| | ADBAD3F7E
































































| | N | | | | N |
| | 435=76E75GD;F;7E






















*7E;67@F;3>?ADF9397 | | N | | | | N |
| | ,AF3>674F;@EFDG?7@FE


















































| | | | | | N |
| | CG;FK;@EFDG?7@FE
























































| | | | N | | |
| | 7D;H3F;H75A@FD35FE | | | | | | | | | !@F7D7EFD3F7BDA6G5FE















































| | | | | | N |
| | AD7;9@7J5:3@97BDA6G5FE







































| | N | | | | N |
| | D7>3F76BDA6G5FE



































CG;FK ;@67J | | N | | | | N |
| | D76;FBDA6G5FE

























































| | N | | | | |
| | &7FF;@9

































































| | | | | | |
| | ,AF3>67D;H3F;H75A@FD35FE














































| | | | | | |
| | F7D?4ADDAI;@9E















+G4AD6;@3F763@6AF:7D>A@9 | | N | | | | |
| | 'F:7D>;34;>;F;7E






























































| | N | | | | N |
| | &:?,774,-474?40>,?1,4=A,7@0 |
| |
| |
| |

| **++++++++++++++++++++++++++** 7D;H3F;H75A@FD35FE3D7D7BADF76A@39DAEE43E;E4K>7H7> I;F:F:7FAF3>3F83;DH3>G75A>G?@;@5>G6;@9F:7;?B35FA8@7FF;@9,:7 ;?B35FA8@7FF;@9D7BD7E7@FE3@363F76FA5AG@F7DB3DFK3@653E:5A>>3F7D3>@7FF;@9I:7D7F:7A?B3@K:3E3>793>3@6 7@8AD5734>7D;9:FFA@7F {15}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{16}------------------------------------------------ ### **,4=(,7@0:149,9.4,79>?=@809?>** !@ 97@7D3> (DA6G5FA@FDA> GF;>;L7E ;@67B7@67@F BD;5;@9 E7DH;57 63F3 3E B3DF A8 ;FE D7H;7I BDA57EE !@67B7@67@F BD;5;@9 E7DH;57 63F3 ;E 3@3>KL76 FA 7@EGD7 F:3F ;F ;E D7BD7E7@F3F;H7 A8 83;D H3>G7 ;@5>G6;@9 5A@8;D?;@9 F:3F F:7 63F3 5ADD7EBA@6E FA 7J75GF76 FD3@E35F;A@E AD 7J75GF34>7 4DA=7D CGAF7E D7H;7I 3@6 3EE7EE?7@F A8 5A@FD;4GFADE FA 7@EGD7 F:7K 3D7 35F;H7 ?3D=7F B3DF;5;B3@FE D7H;7I A8 EF3F;EF;53> 63F3 3@6 GF;>;L3F;A@ A8 BD;5;@95:3>>7@97E,:7 3@3>KE;E 3>EA;@5>G67EG@67DEF3@6;@9F:7 EAGD57EA8F:7BD;5;@9 E7DH;57 63F33@63@K?A67>EAD3EEG?BF;A@EGE76;@67F7D?;@;@9F:7D7EG>FE,:7BGDBAE7A8F:7D7H;7I;EFA;FK3@6D7>;34;>;FKA8F:763F38AD83;DH3>G7?73EGD7?7@FBGDBAE7E3@6;FE3BBDABD;3F7>7H7>A8GE397 I;F:;@F:7(DA6G5FA@FDA>;@67B7@67@FH3>G3F;A@D7H;7I AD 57DF3;@ 8;@3@5;3> ;@EFDG?7@FE F:7 83;D H3>G7 ;E 7EF;?3F76 ;@ 8G>> AD ;@ B3DF GE;@9 H3>G3F;A@ F75:@;CG7E43E76A@3EEG?BF;A@EF:3F3D7@AFEGBBADF764K?3D=7FA4E7DH34>7BD;57E D3F7EADAF:7D;@BGFE!@ 366;F;A@ F:7D7 ?3K 47 G@57DF3;@FK 34AGF 3 H3>G3F;A@ D7EG>F;@9 8DA? F:7 5:A;57 A8 H3>G3F;A@ F75:@;CG7 AD ?A67> GE76 F:7 3EEG?BF;A@E 7?476676 ;@ F:AE7 ?A67>E F:7 7JF7@F FA I:;5: ;@BGFE 3D7 @AF ?3D=7F A4E7DH34>7 AD 3E 3 5A@E7CG7@57 A8 AF:7D 7>7?7@FE 38875F;@9 F:7 H3>G3F;A@ F75:@;CG7 AD ?A67> %A67> 53>;4D3F;A@;EB7D8AD?76I:7@E;9@;8;53@F@7I?3D=7F;@8AD?3F;A@475A?7E3H3;>34>7AD3F3?;@;?G?A@3 CG3DF7D>K43E;E3EB3DFA8F:74GE;@7EED7H;7IA8E;9@;8;53@FG@A4E7DH34>7;@BGFE8AD>7H7>;@EFDG?7@FEAD ?A67>EF:3F:3H7477@677?76FA47 E;9@;8;53@FFAF:7AH7D3>> 83;DH3>G7A8F:7 8;@3@5;3>;@EFDG?7@F ?A67> H3>;63F;A@;EB7D8AD?763EB3DFA8F:7B7D;A6;5D7H;7IA8F:7D7>3F76?A67> ,:7 8A>>AI;@9 ;@8AD?3F;A@ A@F:7 H3>G3F;A@F75:@;CG7E 3@6 E;9@;8;53@F G@A4E7DH34>7 ;@BGFE A8F:7 H3D;AGE 8;@3@5;3>;@EFDG?7@FE3@6F:7 E75F;A@Q-@57DF3;@FKA8 83;DH3>G7?73EGD7?7@FE3FF:7 D7BADF;@963F7 8DA?F:7GE7A8E;9@;8;53@FG@A4E7DH34>7;@BGFERE:AG>647D736;@5A@7EQEE7FE3@6 >;34;>;F;7E?73EGD763F83;DH3>G7A@3D75GDD;@943E;ER Q)G3@F;F3F;H7;@8AD?3F;A@34AGF>7H7>3EE7FE?73EGD76 3F83;DH3>G7A@3D75GDD;@943E;ER3@6Q)G3@F;F3F;H7;@8AD?3F;A@34AGF>7H7>>;34;>;F;7E?73EGD763F83;DH3>G7 A@3D75GDD;@943E;ER # **\$0;@=.3,>0,2=00809?,9/=0>,70,2=00809??=,9>,.?4:9>,9/>0.@=4?40>-:==:B0/,9/>0.@=4?40> 7:,90/** +75GD;F;7E BGD5:3E76 G@67D D7E3>7 39D77?7@FE 3@6 E75GD;F;7E EA>6 G@67D D7BGD5:3E7 39D77?7@FE 3D7 ?73EGD763F83;DH3>G7GE;@96;E5AG@F7653E:8>AI3@3>KE;EGFGD753E:8>AIE3D76;E5AG@F76GE;@9A4E7DH34>7 ?3D=7F ;@F7D7EF D3F7 D7BGD5:3E7 D7E3>7 5GDH7E 8AD F:7 3BB>;534>7 ?3FGD;FK 3@6 G@67D>K;@9 5A>>3F7D3> A8 F:7 ;@EFDG?7@FEEEG5: 4AF:E75GD;F;7EBGD5:3E76G@67DD7E3>739D77?7@FE3@6E75GD;F;7EEA>6G@67DD7BGD5:3E7 39D77?7@FE3D7;@5>G676;@>7H7>A8F:7 83;DH3>G7:;7D3D5:K+75GD;F;7E4ADDAI763@6 E75GD;F;7E>A3@763D7 ?73EGD763F83;DH3>G73@63D7;@5>G676;@>7H7>A8F:783;DH3>G7:;7D3D5:K +75GD;F;7EBGD5:3E76G@67DD7E3>739D77?7@FE3D7GEG3>>K8G>>K5A>>3F7D3>;L76ADAH7D5A>>3F7D3>;L764K 9AH7D@?7@FE75GD;F;7E ?A@7K?3D=7F;@EFDG?7@FE 5ADBAD3F74A@6E ADAF:7D674F;@EFDG?7@FE!@F:77H7@F A85AG@F7DB3DFK6783G>F F:75A>>3F7D3>E7DH;5739D77?7@FBDAH;67EF:7A?B3@KI;F:F:7D;9:FFA>;CG;63F7F:7 5A>>3F7D3>:7>6 {17}------------------------------------------------ ### **,4=(,7@0:149,9.4,79>?=@809?>** ### **%0.@=4?40>=0.04A0/,>.:77,?0=,7,9/:-742,?4:9?:=0?@=9>0.@=4?40>=0.04A0/,>.:77,?0=,7** +75GD;F;7ED757;H763E5A>>3F7D3>3@6A4>;93F;A@FAD7FGD@E75GD;F;7ED757;H763E5A>>3F7D3>3D7?73EGD76 3F83;DH3>G7GE;@9F:7?7F:A6AGF>;@7647>AI8ADQ674F;@EFDG?7@FER3@6Q7CG;FK;@EFDG?7@FER ### **0-?49>?=@809?>** ### **:=;:=,?0>** ADBAD3F74A@6E3D7BD;576FAD78>75F5GDD7@F?3D=7F>7H7>E7;F:7DF:DAG9:D757@F?3D=7FFD3@E35F;A@E AD 4DA=7D AD 673>7DCGAF7EA@H7DF;4>7 4A@6E 3D797@7D3>>KH3>G76GE;@9 A4E7DH34>7 BD;5;@9 EAGD57EAD 3 E?3>> @G?47D A8 5A@H7DF;4>7 4A@6E @A A4E7DH34>7 BD;57E 3D7 3H3;>34>7 3@6 H3>G3F;A@ ;E 67F7D?;@76 GE;@9 ?A67>E 8AD I:;5: F:7 =7K ;@BGFE ;@5>G67 EFA5= BD;57 6;H;67@6 D3F7E 5D76;F EBD736E BD7B3K?7@F D3F7E 6;E5AG@F D3F7E 73D@;@9E 478AD7 ;@5A?7F3J 67BD75;3F;A@ 3@6 3?ADF;L3F;A@!, ?G>F;B>7E 3@6 7CG;FK ?3D=7F HA>3F;>;FK /:7D7 3 ?3D=7F BD;57 8AD F:7 B3DF;5G>3D E75GD;FK ;E @AF 6;D75F>K 3H3;>34>7 H3>G3F;A@E 3D7 A4F3;@7643E76A@K;7>6ED78>75F764KAF:7D;@EFDG?7@FE;@F:7EB75;8;5ADE;?;>3D7@F;FKPE53B;F3>EFDG5FGD73@6 367E75GD;FKI:7D7?3D=7F63F3 ;E3H3;>34>7F3=;@9;@FA5A@E;67D3F;A@6;887D7@57E;@5D76;F >;CG;6;FK3@6?3FGD;FK ADF:DAG9:F:73BB>;53F;A@ A8 53E: 8>AI ?A67>;@9 F75:@;CG7E GF;>;L;@9 A4E7DH34>7 ;@BGFE EG5: 3E 5GDD7@F ;@F7D7EF D3F7 5GDH7E 3@6 A4E7DH34>7 + EBD736E +;9@;8;53@F G@A4E7DH34>7 ;@BGFE ?3K ;@5>G67 5ADD7>3F;A@ 3@6 BD;57 AD E75GD;F;7E GE;@9 ?3D=7F 5A?B3D34>7 BD;57 F:7 6;887D7@F;3F;A@ 47FI77@ >7H7> 3@6 >7H7> ;E 43E76 GBA@ F:7 D7>3F;H7 E;9@;8;53@57 A8 3@K K;7>6 36> 3E F:7 355GD35K A8 F:7 5A?B3D;EA@ 5:3D35F7D;EF;5E ;7 F:7 A4E7DH34>75A?B3D34>7E75GD;FK?3K47;@F:7E3?75AG@FDK4GF36;887D7@F;@6GEFDK3@6?3K:3H736;887D7@F E7@;AD;FK>7H7>MF:7>AI7DF:75A?B3D34;>;FKF:7?AD7>;=7>KF:7E75GD;FKI;>>47>7H7> ### **%\$%,9/:?30=!>0.@=4?40>** 3;DH3>G7EA8\*%+ %+3@6AF:7D\$'E75GD;F;7E?3K473H3;>34>7F:DAG9:CGAF76BD;57E I:;5: 3D7A8F7@43E76A@F:7BD;57E3FI:;5:E;?;>3D>KEFDG5FGD763@65A>>3F7D3>;L76E75GD;F;7EFD36747FI77@673>7DE 3@6FA3@6 8DA?5GEFA?7DE7@7D3>>K F:7 83;DH3>G7EA8\*%+ %+3@6AF:7D\$'E3D7H3>G76GE;@9 A4E7DH34>7 BD;5;@9 EAGD57E 3;D H3>G7E A8 \*%+ %+ 3@6 AF:7D \$' E75GD;F;7E 8AD I:;5: F:7D7 3D7 E;9@;8;53@FG@A4E7DH34>7 ;@BGFE 3D7H3>G76GE;@9 BD;57F:3F ;E67D;H76 (D;57?3K @AF 47 A4E7DH34>7 8AD 83;D H3>G7?73EGD7?7@FBGDBAE7E8AD?3@KD73EA@E EG5:3EF:7>7@9F:A8F;?7E;@57F:7>3EF7J75GF76FD3@E35F;A@ 8ADF:7D7>3F76E75GD;FK GE7A83BD;578DA?3E;?;>3D;@EFDG?7@F ADGE7A83BD;578DA?3@;@6;53F;H7CGAF7 3;DH3>G7E67F7D?;@764K?3D=7F5A?B3D34>7BD;57?3K;@5>G676;E5AG@F7653E:8>AI?A67>EGE;@9F:7;@BGFE 5D76;F EBD736 6783G>F D3F7 6;E5AG@F D3F7 BD7B3K?7@F D3F7 3@6 >AEE E7H7D;FK (D;57E 8DA? E;?;>3D A4E7DH34>7 ;@EFDG?7@FE3D7GE76FA53>5G>3F7;?B>;76;@BGFEI:;5:3D7F:7@GE76FAH3>G7G@A4E7DH34>7;@EFDG?7@FEGE;@9 6;E5AG@F76 53E: 8>AI ,:7 6;E5AG@F76 53E: 8>AI BD;57 ;E F:7@ 5A?B3D76 FA F:7 G@A4E7DH34>7 BD;57E 3@6 3EE7EE768ADD73EA@34>7@7EE {18}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{19}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{20}------------------------------------------------ ## **,4=(,7@0:149,9.4,79>?=@809?>** ## **#@,9?4?,?4A0/4>.7:>@=0>:1A,7@,?4:9?0.394<@0>** ,:7 8A>>AI;@9 F34>7 BDAH;67E 3 D7BD7E7@F3F;H7 D3@97 A8 ?;@;?G? 3@6 ?3J;?G? H3>G7E A8 735: E;9@;8;53@FG@A4E7DH34>7;@BGF8AD?3F7D;3>>7H7>3EE7FE3@6>;34;>;F;7E4KF:7D7>3F76H3>G3F;A@F75:@;CG7?AEF E;9@;8;53@FFAF:7D7>3F768;@3@5;3>;@EFDG?7@F | 0.08-0=
| ,4=(,7@0 | | | | | | |-----------------------------------------|---------------|--------------------|------------------|-----------------|-----------------|--------------------| | >>0?> | 9
84774:9> | (,7@,?4:9&0.394<@0 | '9:->0=A,-709;@? | 4948@8
(,7@0 | ,C48@8
(,7@0 | )0423?0/
A0=,20 | | 74F;@EFDG?7@FE | | | | | | | | 'F:7D\$'E |
| ;E5AG@F7653E:8>AI | ;E5AG@FD3F7 ;@ | | | | | *7E;67@F;3>?ADF9397435=76
E75GD;F;7E |
| ;E5AG@F7653E:8>AI | ;E5AG@FD3F7 ;@ | | | | | CG;FK;@EFDG?7@FE |
| %3D=7F5A?B3D34>7 | (D;57 ;@35FG3>E | N | | |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{21}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| 0.08-0=
| | !1B34.3,?
1,4=A,7@0 | | 22=02,?0
@9;,4/
;=49.4;,7 | 4110=09.0
-0?B009
,22=02,?01,4=
A,7@0,9/@9;,4/
;=49.4;,7 | | | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------|------------------------|------|---------------------------------|----------------------------------------------------------------------|---|--| | | | | | 984774:9> | | | | | *7E3>739D77?7@FE



































































|
| |
| |
| | | | 4ADDAI76FD3@E35F;A@E














































+75GD;F;7E | | | | | | N | | | E3>7












































'F:7D3EE7FE
\$A3@E:7>6
8AD | | | | | | N | | | *7BGD5:3E739D77?7@FE



























































| | | | | | N | | | >7@6;@9FD3@E35F;A@E


















































+75GD;F;7E | | | | | | N | | | F7D?4ADDAI;@9E

























+G4AD6;@3F763@6AF:7D>A@9 | | | | | | | | {22}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| | ,4=(,7@0 | | | | | | | | |----------|----------|------|------|---|-----------|---|-------|--| | (,7@0 | | 0A07 | 0A07 | | 0A07 | | &:?,7 | | | | | | | | | | | | |

|
| |
| N |
| N |
| | |
| | N | | | | N | | | |
| | N | | | | N | | | |
| | N | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

|
| |
| |
| N |
| | |
| | N | | | | N | | | |
| | N | | | | N | | | |
| | N | | | | N | | | |
| | N | | | | N | | | |
| | | | | | N | | | | | ,==D492 | | | | 984774:9> | | | | ?AG@FE;@\$7H7>D7>3F7FA53E:AH7D6D38FE **++++++++++++++++++++++++++** {23}------------------------------------------------ | | | 984774:9> | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------|-----------| | 3E:3@653E:7CG;H3>7@FE


























































































|
| | | +75GD;F;7EBGD5:3E76G@67D39D77?7@FEFAD7E7>>


























































| | | | +75GD;F;7E4ADDAI76




































































































| | | |




















































































+75GD;F;7ED757;H763E5A>>3F7D3> | | | |






































74F;@EFDG?7@FE;@5>G676;@;@3@5;3>;@EFDG?7@FEAI@76 | | | | 7D;H3F;H75A@FD35FE;@5>G676;@;@3@5;3>;@EFDG?7@FEAI@76

































| | | | *757;H34>7E8DA?5GEFA?7DE























































































| | | | *757;H34>7E8DA?4DA=7DE 673>7DE3@6AF:7DE





























































| | | |













































































'F:7D3EE7FE3@66787DD763?AG@FE | | | |













































































































,AF3>3EE7FE |
| | | F7D?4ADDAI;@9E
































































































+:ADF |

| |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------| |



























































+75GD;F;7EEA>6G@67D39D77?7@FEFAD7BGD5:3E7 |
| | +75GD;F;7E>A3@76









































































































|
| |




















































'4>;93F;A@FAD7FGD@E75GD;F;7ED757;H763E5A>>3F7D3> |
| | 74F;@EFDG?7@FE;@5>G676;@;@3@5;3>;@EFDG?7@FEEA>6@AFK7FBGD5:3E76













|
| | 7D;H3F;H75A@FD35FE;@5>G676;@;@3@5;3>;@EFDG?7@FEEA>6@AFK7FBGD5:3E76









|
| | (3K34>7EFA5GEFA?7DE
































































































|
| | (3K34>7EFA4DA=7DE 673>7DE3@6AF:7DE







































































|
| | F7D?4ADDAI;@9E




























































+G4AD6;@3F763@6AF:7D>A@9 |
| | ,3J7EB3K34>7;@5>G676;@'F:7D>;34;>;F;7E
































































|
| | 'F:7D>;34;>;F;7E











































































































|
| | ,AF3>>;34;>;F;7E








































































































|

| {24}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{25}------------------------------------------------ | !?30=>>0?> | 984774:9> | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------| | 3E:5A>>3F7D3>A@67D;H3F;H7;@EFDG?7@FE











































































|

| | 67D;H3F;H7FD3@E35F;A@E




































































3E:5A>>3F7D3>A@@A@ |
| | \$A3@E
































































































































|
| | E3>7













































































































\$A3@E:7>6
8AD |
| | (D7?;E7E3@67CG;B?7@F




































































































|
| |


































































































!@F7D7EF3@6877D757;H34>7 |
| | ;E5>AG65A?BGF;@93DD3@97?7@F;?B>7?7@F3F;A@5AEFE





(D7B3;67JB7@E7E A8I:;5: |
| | 'F:7D;@H7EF?7@FE













































































































|
| |

































































































































'F:7D |
| | ,AF3>AF:7D3EE7FE












































































































|

| | !?30=4,-474?40> | 984774:9> | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------| | 3E:5A>>3F7D3>A@67D;H3F;H7;@EFDG?7@FE











































































|

| | 67D;H3F;H7FD3@E35F;A@E




































































3E:5A>>3F7D3>A@@A@ |
| |


























































































































(DAH;E;A@E |
| | ,3JBDAH;E;A@E



















































































































|
| | !@F7D7EF3@6877B3K34>7





































































































|
| |
































































































































'F:7D |
| | ,AF3>AF:7D>;34;>;F;7E








































































































|

| | "=084>0>,9/<@4;809? | 984774:9> | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------| |











































































































3B;F3>;L76EA8FI3D7 |

| | \$73E7:A>6;?BDAH7?7@FE


































































































|
| |

























































































































CG;B?7@F |
| |
"=084>0>,9/0<@4;809? |
| |


































































































55G?G>3F7667BD75;3F;A@ |
| |
&:?,7;=084>0>,9/0<@4;809?90? |

| {26}------------------------------------------------ ## **!?30=>>0?>,9/4,-474?40>** \$73E7:A>6;?BDAH7?7@FE EG5:3E3>F7D3F;A@E3@6;?BDAH7?7@FEFAD7@F76BD7?;E7E 3D767BD75;3F76 A@3 EFD3;9:F >;@743E;EAH7DF:7 E:ADF7DA8F:7>73E7F7D?AD7EF;?3F76GE78G>>;87 I:;5:97@7D3>>K6A7E@AF 7J5776F7@ K73DECG;B?7@F EG5: 3E 5A?BGF7DE ?35:;@7DK 8GD@;E:;@9E H7:;5>7E 3@6 AF:7DF3@9;4>7 @A@ 8;@3@5;3>3EE7FE ;E67BD75;3F76GE;@9F:7EFD3;9:F >;@7?7F:A6AH7D;FE7EF;?3F76GE78G>>;H7E 97@7D3>>KF:D77FA F7@K73DE,:753B;F3>;L76EA8FI3D75AEFE3D767BD75;3F76A@3EFD3;9:F >;@743E;EAH7DF:77EF;?3F76GE78G>>;87 A8F:7 EA8FI3D7 97@7D3>>K @AF 7J5776;@9 E7H7@ K73DE F3=;@9;@FA 5A@E;67D3F;A@F:7 78875FE A8 A4EA>7E57@57 F75:@A>A9K 5A?B7F;F;A@3@6AF:7D75A@A?;5835FADE ## **\$0.04A,-70>1=:8",D,-70>?:=:60=>0,70=>,9/!?30=>** ?AG@FED757;H34>78DA?3@6B3K34>7FA4DA=7DE 673>7DE3@6AF:7DE3EA8757?47D 5A@E;EF A8F:78A>>AI;@9 | | \$0.04A,-70> | ",D,-70> | | | | | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|-----------|--|--|--|--| | | 984774:9> | | | | | | | -@E7FF>76D79G>3D
I3KE75GD;F;7EFD367EAB7@FD367E















|

|

N | | | | | | 3;>EFA67>;H7D 83;>EFAD757;H7
















































|
|
| | | | | | '?@;4GED757;H34>7E B3K34>7E
















































|
|
N | | | | | | *757;H34>7E8DA? B3K34>7EFA5>73D;@9AD93@;L3F;A@E














|
|
| | | | | | 'F:7D@A@
5GEFA?7DD757;H34>7E B3K34>7E






























|
N |
| | | | | | 'F:7D






















































































|
|
N | | | | | | ,AF3>



















































































|

|

| | | | | ,:7 3?AG@FE D757;H34>7 8DA? B3K34>7FA 5>73D;@9 AD93@;L3F;A@E BD;?3D;>K D7>3F7FA G@E7FF>76FD367E 3@667BAE;FE8DA?5GEFA?7DE:7>63F5>73D;@9AD93@;L3F;A@E3@63D75A>>3F7D3>;L764KE75GD;F;7EAI@764KF:7 A?B3@K ## **0=4A,?4A0:9?=,.?>** 7D;H3F;H7E3D797@7D3>>K EF3@63D65A@FD35FEFD3@E35F76F:DAG9: D79G>3F767J5:3@97E,:7A?B3@K GE7E 67D;H3F;H7 5A@FD35FE 8AD FD36;@9 FA BDAH;67 BDA6G5FE 8AD 5>;7@FE 3@6 75A@A?;5 :769;@9 BGDBAE7E 5A@A?;5 :7697E 3D;E7 I:7@ F:7 A?B3@K 7@F7DE ;@FA 67D;H3F;H7 5A@FD35FE 8AD ;FE AI@ D;E= ?3@397?7@F BGDBAE7E 4GFF:7 5A@FD35FE 7@F7D76 ;@FA 6A @AF CG3>;8K 8AD :7697 355AG@F;@9FD73F?7@F ,:7E7 67D;H3F;H7E ;@5>G67ABF;A@E 8ADI3D6E 3@68GFGD7E {27}------------------------------------------------ ### **0=4A,?4A0:9?=,.?>** ### *'+ &%\** ,:7A?B3@KB7D8AD?E?3D=7F?3=;@935F;H;F;7E 8ADABF;A@5A@FD35FEEB75;8;53>>K67E;9@76FA?77F 5GEFA?7D@776EAD8AD75A@A?;5:769;@9BGDBAE7E%AEFABF;A@E6A@AF7JBAE7F:7A?B3@KFA5D76;FD;E= 4753GE7F:7K3D7BD;?3D;>K7J5:3@97FD3676ABF;A@E 7J57BF8AD5D76;FABF;A@EGD;@9F:75A@FD35FB7D;A6 F:7 A?B3@K 473DE F:7 D;E= A8 G@83HAD34>7 5:3@97E ;@ F:7 H3>G7 A8 F:7 8;@3@5;3> ;@EFDG?7@FE G@67D>K;@9 F:7 ABF;A@E,A?3@397F:;E?3D=7FD;E= F:7A?B3@KBGD5:3E7EADE7>>E53E:AD67D;H3F;H78;@3@5;3>;@EFDG?7@FE A@3BDABD;7F3DK43E;E+G5:BGD5:3E7E3@6E3>7E?3K;@5>G67674F3@67CG;FKE75GD;F;7E 8ADI3D63@68GFGD7E 5A@FD35FE EI3BE3@6ABF;A@E/;F:BGD5:3E76ABF;A@E F:7A?B3@K97FEF:7D;9:F 8AD3877 FA4GKADE7>> F:7G@67D>K;@9;@EFDG?7@F3F38;J76BD;57A@AD478AD73EB75;8;7663F7,:7G@67D>K;@9;@EFDG?7@FE8ADF:7E7 ABF;A@E;@5>G678;J76;@5A?7E75GD;F;7E 7CG;F;7E3@6;@F7D7EFD3F7;@EFDG?7@FEAD;@6;57E ### *&).)\*% ,+,)\** !@F:7@AD?3>5AGDE7A84GE;@7EE F:7A?B3@KPE5GEFA?7D3@6FD36;@935F;H;F;7E;@5>G677J75GF;@9 E7FF>;@93@68;@3@5;@9H3D;AGEE75GD;F;7E3@68;@3@5;3>;@EFDG?7@FFD3@E35F;A@E,A7J75GF7F:7E7FD3@E35F;A@E F:7A?B3@KBGD5:3E7E3@6E7>>E;@5>G6;@9E:ADFE3>7EE75GD;F;7E 3@6BGD5:3E7E3@6E7>>E8ADI3D65A@FD35FE BD;?3D;>KD7>3F76FA-+9AH7D@?7@F3@6397@5;7E3@6?ADF9397 435=76E75GD;F;7E!@366;F;A@ F:7A?B3@K 7@F7DE;@FA 8GFGD7E 5A@FD35FE A@ 7CG;FK 43E76;@6;57E 3@6 AF:7D 8;@3@5;3>;@EFDG?7@FE 3EI7>> 3E ABF;A@E A@ 8GFGD7E5A@FD35FE,:7E75A@FD35FE3D7FKB;53>>KE7FF>76F:DAG9:F:7:;539A%7D53@F;>7J5:3@97% 753GE78ADI3D65A@FD35FE3D7EG4<75FFAF:75D76;FIADF:;@7EEA8F:75AG@F7DB3DFK F:7A?B3@K;E 7JBAE76FA 5D76;F D;E= ,A ?;F;93F7F:;E 5D76;F D;E= F:7 A?B3@K D7H;7IEF:7 5D76;F IADF:;@7EE A8 EB75;8;5 5AG@F7DB3DF;7E D7H;7IE 5D76;F >;?;FE D7CG;D7E 57DF3;@ 5GEFA?7DE 3@6 5AG@F7DB3DF;7E FA ?3;@F3;@ ?3D9;@ 5A>>3F7D3>3@636:7D7EFA;@F7D@3>>K7EF34>;E:765D76;F7JF7@E;A@BA>;5;7E AD8GFGD7E5A@FD35FE3@6ABF;A@EA@8GFGD7E5A@FD35FE F:75:3@97;@F:7?3D=7FH3>G7;EE7FF>76I;F: 35>73D;@94DA=7DAD7J5:3@97;@53E:735:63KE3D7EG>F F:75D76;FD;E=I;F:F:75>73D;@94DA=7D;E>;?;F76FA F:7@7FBAE;F;H75:3@97;@F:7?3D=7FH3>G7 8AD3E;@9>763K I:;5:;E D75AD676;@ D757;H34>7E 8DA?4DA=7DE 673>7DE3@6AF:7DE;@F:75A@EA>;63F76EF3F7?7@FA88;@3@5;3>5A@6;F;A@ ### *.'\** ,:7A?B3@KPEEI3B39D77?7@FE5A@E;EFBD;?3D;>KA8;@F7D7EFD3F7 7CG;FK 3@65D76;F6783G>FEI3BE !@F7D7EF D3F7EI3BE3D75A@FD35FG3>39D77?7@FEFA7J5:3@97;@F7D7EF D3F7B3K?7@FE43E76A@39D776@AF;A@3> 3?AG@FE3@6?3FGD;FKCG;FKEI3BE3D75A@FD35FG3>39D77?7@FEFAD757;H7F:73BBD75;3F;A@AD67BD75;3F;A@;@ H3>G743E76A@3EB75;8;5EFD;=7BD;57A@3@7CG;FK;@EFDG?7@F;@7J5:3@97 8ADB3K;@93@AF:7DD3F7 I:;5:;E GEG3>>K43E76A@;@67JAD;@F7D7EFD3F7?AH7?7@FED76;F6783G>FEI3BE3D75A@FD35FG3>39D77?7@FE;@I:;5: A@75AG@F7DB3DFKB3KE3B7D;A6;5877;@D7FGD@8AD35A@F;@97@FB3K?7@F4KF:7AF:7D5AG@F7DB3DFK8A>>AI;@93 5D76;F7H7@FA83D787D7@577@F;FK5D76;F7H7@F;E5A??A@>K678;@763E43@=DGBF5K ;@EA>H7@5K D757;H7DE:;B ?3F7D;3>36H7DE7D7EFDG5FGD;@9A8674F AD83;>GD7FA?77FB3K?7@FA4>;93F;A@EI:7@6G7 {28}------------------------------------------------ ### **0=4A,?4A0:9?=,.?>** ## **,4=A,7@0:1/0=4A,?4A049>?=@809?>** **++++++++++++++++++++++++++** ,:7F34>747>AID7BD7E7@FE9DAEE67D;H3F;H783;DH3>G7E E79D793F764KFKB7A85A@FD35F⁡A@3>E:3H7 3>EA477@BDAH;6763E3@;@6;53F;A@A8F:7HA>G?7A867D;H3F;H735F;H;FKI;F:;@F:7A?B3@K | | :?4:9,7
,8:@9? | | | ":>4?4A0
=0;7,.0809?
A,7@0 | 02,?4A0
=0;7,.0809?
A,7@0 | | | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------|---|------|----------------------------------|---------------------------------|---|--| | 0.08-0=
| | | | 984774:9> | | | | | ADI3D6E







































































|
| |
| |
| | | | GFGD7E










































































| | | | N | | N | | | 9?0=0>?=,?0;=:/@.?> | | | | | | | | | ADI3D6E







































































| | | | | | | | | :=04290C.3,920;=:/@.?> | | | | | | | | | ADI3D6E







































































| | | | | | | | | GFGD7E










































































| | | | N | | N | | | 'BF;A@E4AG9:F3@6EA>6',



































| | | | N | | N | | | 'BF;A@E4AG9:F3@6EA>67J5:3@97FD3676


















| | | | | | N | | | <@4?D49/0C=07,?0/;=:/@.?> | | | | | | | | | +I3BEEA>6




































































| | | | | | | | | +I3BEBGD5:3E76



























































| | | | | | | | | +I3BF;A@EBGD5:3E76





















































| | | | | | N | | | =0/4?;=:/@.?> | | | | | | | | | &:?,72=:>>/0=4A,?4A0.:9?=,.?> |
| |
| |
| | | | !?B35FA85AG@F7DB3DFK@7FF;@9




























| | N | | | | | | | !?B35FA853E:5A>>3F7D3>@7FF;@9


























| | N | | | | | | |
&:?,7/0=4A,?4A0.:9?=,.?> |
| |
| |
| | | 7D;H3F;H7 5A@FD35FE 3D7 D7BADF76 A@ 3 @7F 43E;E ;@ F:7 5A@EA>;63F76 EF3F7?7@F A8 8;@3@5;3> 5A@6;F;A@ ,:7 ;?B35F A8 @7FF;@9 D7BD7E7@FE3@36>3F7D3>@7FF;@9 {29}------------------------------------------------ ### **0=4A,?4A0:9?=,.?>** ,:7E78;@3@5;3>;@EFDG?7@FE3D7;@5>G6763E67D;H3F;H75A@FD35FE;@8;@3@5;3>;@EFDG?7@FEAI@76 EA>6 @AF K7F BGD5:3E76 D7EB75F;H7>K ;@F:7 5A@EA>;63F76 EF3F7?7@FA8 8;@3@5;3> 5A@6;F;A@ ;@3@5;3> ;@EFDG?7@FE D7>3F76 FA 8GFGD7E 5A@FD35FE 3D7 ;@5>G676 ;@ D757;H34>7E 8DA? 4DA=7DE 673>7DE 3@6 AF:7DE 3@6 B3K34>7E FA 4DA=7DE 673>7DE3@6AF:7DE D7EB75F;H7>K ;@F:75A@EA>;63F76EF3F7?7@FA88;@3@5;3>5A@6;F;A@ # **=0/4?/0=4A,?4A0>** !@5>G676 ;@ F:7 F34>7 34AH7 O3;D H3>G7 A8 67D;H3F;H7 ;@EFDG?7@FEP 3D7 5D76;F 67D;H3F;H7E I:;5: 3D7 5A@FD35FG3>39D77?7@FE;@I:;5:F:74GK7D97@7D3>>KB3KE3877;@7J5:3@978AD35A@F;@97@FB3K?7@F4KF:7 E7>>7D ;8 F:7D7 ;E 3 5D76;F 7H7@F A@ F:7 G@67D>K;@9 D787D7@576 7@F;FK AD 3EE7F ,:7K 3D7 97@7D3>>K BD;H3F7>K @79AF;3F76', 5A@FD35FE I;F: @G?7DAGE E7FF>7?7@F 3@6 B3K?7@FF7D?E 3@6?AEF 3D7 EFDG5FGD76 EAF:3F F:7K EB75;8K F:7 A55GDD7@57 A8 3@ ;67@F;8;34>7 5D76;F 7H7@F I:;5: 53@ ;@5>G67 43@=DGBF5K ;@EA>H7@5K D757;H7DE:;B ?3F7D;3>36H7DE7D7EFDG5FGD;@9A8674FAD83;>GD7FA?77FA4>;93F;A@EI:7@6G7 DA? F;?7 FA F;?7 F:7 A?B3@K 7@F7DE ;@FA 5D76;F 67D;H3F;H7 5A@FD35FE ;@ F:7 @AD?3> 5AGDE7 A8 4GE;@7EE4K4GK;@9BDAF75F;A@,:7A?B3@KBGD5:3E7EBDAF75F;A@FA75A@A?;53>>K:7697H3D;AGE 8AD?EA8 5D76;F 7JBAEGD7 8AD 7J3?B>7 F:7 75A@A?;5 :769;@9 A8 AF:7D 53E: BAE;F;A@E,:7E7 D787D7@576;@EFDG?7@FE 53@8AD?3E;@9>7;F7?AD475A?4;@76A@3BADF8A>;AAD?G>F;@3?743E;E ,:7 5D76;F 67D;H3F;H7E?AEF 5A??A@>KFD3@E35F76 4KF:7A?B3@K 3D7+ 3@6 5D76;F EI3BF;A@E +E3D75A@FD35FG3>39D77?7@FE;@I:;5:F:74GK7DA8F:7 EI3BB3KE3@GB8DA@F3@6 AD3B7D;A6;5 877;@ D7FGD@8AD35A@F;@97@FB3K?7@F4KF:7E7>>7DA8F:7EI3B8A>>AI;@935D76;F7H7@FA8F:7D787D7@5767@F;FKAD 3EE7F D76;F EI3BF;A@E 3D7 ABF;A@E I;F: 3 EB75;8;76 ?3FGD;FK FA 4GK AD E7>> BDAF75F;A@ G@67D 3 + A@ 3 EB75;8;5D787D7@5765D76;F7H7@F ## **=0/4?;=:?0.?4:9>:7/** D76;F BDAF75F;A@ EA>6 ;EF:7 ?3J;?G? BAF7@F;3> B3KAGF I:;5: ;E 43E76 A@F:7 @AF;A@3> H3>G7 A8 67D;H3F;H7E3@6D7BD7E7@FEF:73?AG@FA88GFGD7B3K?7@FEF:3FF:7A?B3@KIAG>647D7CG;D76FA?3=73E3 D7EG>F A8 5D76;F D;E= D7>3F76 7H7@FE ,:7 A?B3@K 47>;7H7E F:3F F:7 ?3J;?G? BAF7@F;3> B3KAGF ;E @AF D7BD7E7@F3F;H7 A8F:7 35FG3> >AEE 7JBAEGD7 43E76 A@ :;EFAD;53> 7JB7D;7@57 !@ 355AD63@57 I;F: ?AEF 5D76;F 67D;H3F;H75A@FD35FE E:AG>635D76;F7H7@FADE7FF>7?7@FFD;997DA55GD F:7A?B3@K;EGEG3>>K>;34>78ADF:7 6;887D7@5747FI77@5D76;FBDAF75F;A@EA>63@6F:7D75AGDE7;F:A>6E;@F:7H3>G7A8F:7G@67D>K;@93EE7FE,:7 ?3J;?G?BAF7@F;3>3?AG@FA88GFGD7B3K?7@FE:3E@AF477@D76G5768AD3@K53E:5A>>3F7D3>B3;6FA39;H7@ 5AG@F7DB3DFK3EEG5:B3K?7@FEIAG>64753>5G>3F7638F7D@7FF;@93>>67D;H3F;H77JBAEGD7E ;@5>G6;@93@K5D76;F 67D;H3F;H7EI;F:F:3F5AG@F7DB3DFK;@355AD63@57I;F:3D7>3F76?3EF7D@7FF;@939D77?7@FG7FAEG5:@7FF;@9 BDA57EE7E 67F7D?;@;@9F:7 3?AG@F A8 5A>>3F7D3>F:3F 5ADD7EBA@6EFA 5D76;F 67D;H3F;H7 7JBAEGD7E A@>K;E @AF BAEE;4>7 {30}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{31}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| | =0/4?0=4A,?4A0C;:>@=0> | | | | | | | | | | | |-------------------------------------------------------------------------------------------------------------------------|------------------------|-----------------------------|--|----------------------------------|------|---------------------------------------------------------|------|----------------------------------|------|--------------------------------------------|--| | 0.08-0=
| | =0/4?
;=:?0.?4:9
>:7/ | | =0/4?
;=:?0.?4:9
;@=.3,>0/ | | 0?=0/4?
;=:?0.?4:9
>:7/
;@=.3,>0/
984774:9> | | !?30=
;=:?0.?4:9
;@=.3,>0/ | | ,4=A,7@0
:1.=0/4?
;=:?0.?4:9
>:7/ | | | %492709,8049>?=@809?> | | | | | | | | | | | | | !@H7EF?7@F9D367

























|
| | | |
| N |
| |
| N | | | &A@
;@H7EF?7@F9D367


















| | | | | | | | | | | | | &:?,7>492709,8049>?=@809?> |
| | | |
| | | |
| | | | A8I:;5:@A@
EAH7D7;9@
















| | | | | | | | | | | | | @7?49,8049>?=@809?> | | | | | | | | | | | | | &A@
;@H7EF?7@F9D367


















|
| | | |
| | | |
| | | | &:?,78@7?49,8049>?=@809?> |
| | | |
| | | |
| | | | A8I:;5:@A@
EAH7D7;9@
















| | | | | | | | | | | | | &:?,749>?=@809?> |
| | | |
| | | |
| | | ,:7 ?3FGD;FK 3@6 G@67D>K;@9 D;E= 9;H7E 3@ ;@6;53F;A@ A8 F:7 5GDD7@F EF3FGE A8 F:7 BAF7@F;3> 8AD B7D8AD?3@57G@67DF:767D;H3F;H75A@FD35FE {32}------------------------------------------------ ### **0=4A,?4A0:9?=,.?>** ,:7?3J;?G?BAF7@F;3>3?AG@FA8 8GFGD7B3K?7@FEF:3FF:7A?B3@KIAG>647 D7CG;D76FA?3=7 G@67D F:7 5D76;F 67D;H3F;H7E 3E 3 D7EG>F A8 5D76;F D;E= D7>3F76 7H7@FE 8AD I:;5: ;F :3E EA>6 BDAF75F;A@ 3E A8 757?47D I3E3E8A>>AIE | | ,C48@8":?09?4,7",D:@?-D,?@=4?D | | | | | | | | | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------|---|-------|------------|-----------|---|------|-------|--| | | 0>>?3,9

D0,= | | D0,=> | | !A0=D0,=> | | | &:?,7 | | | | | | | 4984774:9> | | | | | | | +;@9>7@3?7;@EFDG?7@FE












































|
| N |
| |
| N |
| | | | %G>F;@3?7;@EFDG?7@FE














































| | N | | | | N | | | | | &:?,749>?=@809?> |
| N |
| |
| N |
| | | ## **>>0?>>>4290/,9/"70/20/** ,:7 A?B3@K B>7697E 3EE7FE ?3;@>K 8AD D7BGD5:3E7 39D77?7@FE 3@6 AF:7D E75GD;F;7E 8;@3@5;@9 7DF3;@ B>76976 3EE7FE ?3K 47 7@5G?47D76 ?73@;@9 F:7K :3H7 F:7 D;9:F FA 47 EA>6 AD D7B>76976 ,:7 7@5G?47D76 3EE7FE 3D7 B3D7@F:7F;53>>K 6;E5>AE76 A@F:7 5A@EA>;63F76 EF3F7?7@F A8 8;@3@5;3> 5A@6;F;A@,:7 A?B3@K D757;H7E53E:3@6 E75GD;F;7E;@5A@@75F;A@I;F: D7E3>739D77?7@FE E75GD;F;7E4ADDAI;@93@6>A3@E 3@6?3D9;@764DA=7D>A3@E E;9@;8;53@FBADF;A@A8F:75A>>3F7D3>3@6E75GD;F;7ED757;H764KF:7A?B3@KI7D7EA>6ADD7B>76976 ;@5A@@75F;A@I;F: D7BGD5:3E7 39D77?7@FE E75GD;F;7E EA>6 @AFK7F BGD5:3E76 E75GD;F;7E 4ADDAI;@9 AD>A3@E B>7697EFA5>73D;@9AD93@;L3F;A@E3@6E79D793F;A@D7CG;D7?7@FEG@67DE75GD;F;7E>3IE3@6D79G>3F;A@E EB3DFA8F:7A?B3@KE8;@3@5;@93@6E75GD;F;7EE7FF>7?7@F35F;H;F;7E F:7A?B3@KGE7EE75GD;F;7E 3E5A>>3F7D3>FAEGBBADFH3D;AGEE75GD76 8;@3@5;@9EAGD57E !8F:75AG@F7DB3DFK6A7E@AF?77F;FE5A@FD35FG3> A4>;93F;A@FAD7FGD@E75GD;F;7EGE763E5A>>3F7D3> F:7A?B3@K?3K477JBAE76FAF:7D;E=A8D735CG;D;@9F:7 E75GD;F;7E3FBD7H3;>;@9?3D=7FBD;57EFAE3F;E8K;FEA4>;93F;A@E,:7A?B3@K5A@FDA>EF:;ED;E=4K?A@;FAD;@9 F:7?3D=7FH3>G7A88;@3@5;3>;@EFDG?7@FEB>76976735:63K3@64KD7CG;D;@95A>>3F7D3>>7H7>EFA4736>AI;@9F34>7E7FE8ADF:F:73EE7FEB>769764KF:7A?B3@K3@6F:75A>>3F7D3>D757;H764KF:7 A?B3@K3EA8757?47D | | 0.08-0=
| |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------| | | 984774:9> | | ,AF3>3EE7FEB>76976AD3EE;9@763E5A>>3F7D3>4KF:7A?B3@K


















































|

| | A8I:;5:I3E7@5G?47D76




































































































|
| | 3;DH3>G7A8F:75A>>3F7D3>D757;H764KF:7A?B3@KI;F:F:7D;9:FFAE7>>ADD7B>7697














|
| | A8I:;5:I3EEA>6ADD7B>76976




























































































|
| {33}------------------------------------------------ ### **!11>0??492:149,9.4,7>>0?>,9/49,9.4,74,-474?40>** ,:76;E5>AEGD7EE7FAGF;@F:7F34>7E47>AI;@5>G6767D;H3F;H7E D7E3>73@6D7BGD5:3E739D77?7@FE 3@6 E75GD;F;7E >7@6;@9 3@6 4ADDAI;@9 FD3@E35F;A@E F:3F 3D7 A88E7F ;@ F:7 A?B3@KPE 5A@EA>;63F76 EF3F7?7@F A8 8;@3@5;3> 5A@6;F;A@ AD 3D7 EG4<75F FA 3@ 7@8AD5734>7 ?3EF7D @7FF;@9 39D77?7@F AD E;?;>3D 39D77?7@F 7@8AD5734>7?3EF7D@7FF;@939D77?7@FEAD7@8AD5734>7%& ;DD7EB75F;H7A8I:7F:7DF:7K3D7A88E7F;@F:7 A?B3@KPE 5A@EA>;63F76 EF3F7?7@F A8 8;@3@5;3> 5A@6;F;A@ +;?;>3D 39D77?7@FE ;@5>G67 67D;H3F;H7 5>73D;@9 39D77?7@FE 9>A43>?3EF7DD7BGD5:3E739D77?7@FE3@69>A43>?3EF7DE75GD;F;7E>7@6;@939D77?7@FE ### **0=4A,?4A0>** ,:7 A?B3@K FD3@E35FE 4;>3F7D3> ', 67D;H3F;H7E ', 67D;H3F;H7E ?3;@>K G@67D !@F7D@3F;A@3> +I3BE 3@6 7D;H3F;H7E EEA5;3F;A@ !+ %3EF7D 9D77?7@FE ,:7E7 39D77?7@FE BDAH;67 8AD F:7 @7F E7FF>7?7@F A8 3>>FD3@E35F;A@EG@67DF:7 39D77?7@FF:DAG9: 3 E;@9>7 B3K?7@F ;@F:7 7H7@F A8 6783G>F A@ AD F7D?;@3F;A@ G@67D F:7 39D77?7@F ,:7K 3>>AI F:7 A?B3@K FA A88E7F 43>3@57E 8DA? 67D;H3F;H7 3EE7FE 3@6 >;34;>;F;7E 3E I7>> 3E F:7 D757;H34>7E 3@6 B3K34>7E FA D7>3F76 53E: 5A>>3F7D3> FD3@E35F76 I;F: F:7 E3?7 5AG@F7DB3DFK A>>3F7D3> 8AD', 67D;H3F;H7E ;E D757;H76 3@6 BDAH;676 ;@F:7 8AD? A8 53E: 3@6?3D=7F34>7 E75GD;F;7E+G5:5A>>3F7D3>?3K47EG4<75FFAF:7EF3@63D6;@6GEFDKF7D?EA83@!+D76;F+GBBADF@@7J ,:7F7D?EA83@!+D76;F+GBBADF@@7JBDAH;67F:3FE75GD;F;7ED757;H76ADBDAH;6763E5A>>3F7D3>?3K47 B>76976ADEA>66GD;@9F:7F7D?A8F:7FD3@E35F;A@E3@6?GEF47D7FGD@76GBA@?3FGD;FKA8F:7FD3@E35F;A@ ,:7E7 F7D?E 3>EA 9;H7 735: 5AG@F7DB3DFK F:7 D;9:F FA F7D?;@3F7 F:7 D7>3F76 FD3@E35F;A@E GBA@ F:7 AF:7D 5AG@F7DB3DFKPE83;>GD7FABAEF5A>>3F7D3>;@3@5;3>5A>>3F7D3>D757;H76ADB>769768AD',67D;H3F;H7E?3K3>EA 47EG4<75FFA5A>>3F7D3>39D77?7@FEI:;5:D7EFD;5FF:7GE7A88;@3@5;3>5A>>3F7D3> AD 67D;H3F;H7E FD3@E35F76 I;F: 7J5:3@97E 7J5:3@97 FD3676 67D;H3F;H7E 3@6 57@FD3> 5>73D;@9 5AG@F7DB3DF;7E', 5>73D7667D;H3F;H7E BAE;F;H73@6@793F;H7D7B>357?7@FH3>G7E3@6D7>3F7653E:5A>>3F7D3> ?3K 47 A88E7F ;8 F:7 F7D?E A8 F:7 DG>7E 3@6 D79G>3F;A@E 9AH7D@;@9 F:7E7 7J5:3@97E 3@6 57@FD3> 5>73D;@9 5AG@F7DB3DF;7EB7D?;FEG5:@7FF;@93@6A88E7F/:7D7@AEG5:39D77?7@FE7J;EF 83;DH3>G7E3D7D75AD676A@3 9DAEE43E;E J5:3@97 FD367667D;H3F;H7EAD', 5>73D7667D;H3F;H7E I:;5:3D78G>>K?3D9;@763@68ADI:;5:F:7 63;>K?3D9;@B3K?7@FE5A@EF;FGF7 E7FF>7?7@FA8F:7AGFEF3@6;@97JBAEGD7 3D7@AF;@5>G676;@F:7A88E7FF;@9 6;E5>AEGD7E4753GE7F:7K3D7@AFEG4<75FFAA88E7FF;@96G7FAF:763;>KE7FF>7?7@F,:763;>K?3D9;@B3K?7@FE I:;5:3D7@AFE7FF>76G@F;>F:7@7JFE7FF>7?7@F5K5>7;E5A@6G5F76 3D7BD7E7@F76;@4DA=7D397D757;H34>7EAD 4DA=7D397B3K34>7E {34}------------------------------------------------ | | 0=4A,?4A0
,>>0?> | | 0=4A,?4A0
74,-474?40> | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------|-----------|--------------------------| | >:10.08-0=
| | 984774:9> | | | ',
5>73D76










































































































|

|
| | | ',






















































































































|
| | | | 9?0=0>?=,?0;=:/@.?> |
| | | | ',






















































































































|
| | | | :=04290C.3,920;=:/@.?> |
| | | | J5:3@97
FD3676




































































































|
| | N | | <@4?D49/0C=07,?0/;=:/@.?> |
| | N | | ',






















































































































|
| | | | =0/4?;=:/@.?> |
| | | | ',
5>73D76










































































































|
| | | | ',






















































































































|
| | | | J5:3@97
FD3676




































































































|
| | N | | &:?,72=:>>/0=4A,?4A0.:9?=,.?>>@-50.??:091:=.0,-70 |
| | | | A8I:;5:',
5>73D76



























































































|
| | | | A8I:;5:',







































































































|
| | | | !11>0??492 |
| | | | A8I:;5:',
5>73D76



























































































|
| | | | A8I:;5:',







































































































|
| | | | A8I:;5:7J5:3@97
FD3676






















































































|
| | N | | &:?,790?/0=4A,?4A0>>@-50.??:091:=.0,-70 |
| | | |
&:?,7/0=4A,?4A0>9:?>@-50.??:091:=.0,-70 |
| | | | &:?,790?/0=4A,?4A0>;=0>09?0/49?30.:9>:74/,?0/>?,?0809?:1149,9.4,7
.:9/4?4:9 |

|
| | {35}------------------------------------------------ ### **!11>0??492:149,9.4,7>>0?>,9/49,9.4,74,-474?40>** ### **\$0>,70,9/=0;@=.3,>0,2=00809?>,9/>0.@=4?40>709/492,9/-:==:B492?=,9>,.?4:9>** \*7E3>73@6D7BGD5:3E739D77?7@FE3D797@7D3>>K5AH7D764K?3EF7DD7BGD5:3E739D77?7@FE!@57DF3;@ E;FG3F;A@E 8AD 7J3?B>7 ;@F:7 7H7@F A8 6783G>F 3>> 5A@FD35FE G@67DF:7 39D77?7@FE 3D7F7D?;@3F76 3@6 3D7 E7FF>76@7F;@A@7E;@9>7B3K?7@F%3EF7DD7BGD5:3E739D77?7@FE3>EA;@5>G67B3K?7@FADE7FF>7?7@F@7FF;@9 BDAH;E;A@E;@F:7@AD?3>5AGDE7A84GE;@7EEF:3FEF3F7F:3F3>>3?AG@FE;@F:7E3?75GDD7@5KB3K34>74K735: B3DFKFAF:7AF:7DG@67D3@KFD3@E35F;A@ADAF:7DI;E7G@67DF:79>A43>?3EF7DD7BGD5:3E739D77?7@FA@F:7 E3?763F7E:3>>47E7FA88 ,:7A?B3@K:3E7>75F76FA@7FFD3@E35F;A@EG@67DEG5:39D77?7@FE;@F:75A@EA>;63F76EF3F7?7@FA8 8;@3@5;3> 5A@6;F;A@I:7@ EB75;8;5 5A@6;F;A@E 3D7?7F,D3@E35F;A@E 3D7 @7FF76;8 3?A@9EF AF:7D 5A@6;F;A@E F:7K3D77J75GF76I;F:F:7E3?75AG@F7DB3DFK :3H7F:7E3?77JB>;5;FE7FF>7?7@F63F7EB75;8;763FF:7;@57BF;A@ A8 F:7 FD3@E35F;A@E 3D7 E7FF>76 F:DAG9: F:7 E3?7 E75GD;F;7E FD3@E87D EKEF7? 3@6 3D7 EG4<75F FA F:7 E3?7 7@8AD5734>7?3EF7D@7FF;@939D77?7@F,:73?AG@FEA88E7F3D7?73EGD76A@F:7E3?743E;E3EF:7G@67D>K;@9 FD3@E35F;A@;7 A@3@355DG3>43E;EAD83;DH3>G743E;E +75GD;F;7E>7@6;@9 3@6 4ADDAI;@9FD3@E35F;A@E 3D7 97@7D3>>K 7J75GF76G@67D 9>A43>?3EF7D E75GD;F;7E >7@6;@939D77?7@FEI;F:@7FF;@9F7D?EE;?;>3DFA!+%3EF7D9D77?7@FE!@57DF3;@E;FG3F;A@E 8AD7J3?B>7 ;@F:7 7H7@F A8 6783G>F 3>> 5A@FD35FE G@67DF:7 39D77?7@F 3D7F7D?;@3F76 3@6 3D7 E7FF>76 @7F ;@ A@7 E;@9>7 B3K?7@F,D3@E35F;A@EG@67DF:7E739D77?7@FE3D7@7FF76;@F:75A@EA>;63F76EF3F7?7@FA88;@3@5;3>5A@6;F;A@ ;8 F:7K ?77F F:7 E3?7 D;9:F A8 A88E7F 5D;F7D;3 3E 8AD D7E3>7 3@6 D7BGD5:3E7 39D77?7@FE !@ 97@7D3> ?AEF E75GD;F;7E>7@6;@93@64ADDAI;@9FD3@E35F;A@E6A@AF?77FF:75D;F7D;A@A8:3H;@9F:7 E3?7 E7FF>7?7@F63F7 EB75;8;76 3F;@57BF;A@ A8F:7FD3@E35F;A@ 3@6F:7D78AD7F:7K 3D7 @AF 7>;9;4>7 8AD @7FF;@9;@F:7 5A@EA>;63F76 EF3F7?7@F A8 8;@3@5;3> 5A@6;F;A@ AI7H7D E75GD;F;7E >7@6;@9 3@6 4ADDAI;@9 FD3@E35F;A@E I;F: 7JB>;5;F ?3FGD;FK63F7E?3K477>;9;4>78AD@7FF;@9;@F:75A@EA>;63F76EF3F7?7@FA88;@3@5;3>5A@6;F;A@ \*7E3>7 3@6 D7BGD5:3E7 39D77?7@FE 3D7 5A>>3F7D3>;L76 BD;@5;B3>>K 4K 9AH7D@?7@F E75GD;F;7E ?A@7K ?3D=7F;@EFDG?7@FE3@65ADBAD3F74A@6E3@6:3H7F7D?ED3@9;@98DA?AH7D@;9:FFA3>A@97DADG@EB75;8;76 B7D;A6 A8F;?7 !@F:7 7H7@F A8 5AG@F7DB3DFK 6783G>F F:7 D7E3>7 39D77?7@FE AD E75GD;F;7E >7@6;@9 39D77?7@F BDAH;67EF:7A?B3@KI;F:F:7D;9:FFA>;CG;63F7F:75A>>3F7D3>:7>6E;EF:753E7;@F:7A?B3@KPE@AD?3> 5AGDE7A84GE;@7EE EG4EF3@F;3>>K3>>A8F:75A>>3F7D3>D757;H76F:3F?3K47EA>6ADD7B>76976:3E477@EA>6AD D7B>769763EA8757?47D !@57DF3;@5;D5G?EF3@57E 8;@3@5;3>5A>>3F7D3> D757;H76?3K47 D7EFD;5F76 6GD;@9F:7F7D?A8F:739D77?7@F79 ;@FD; B3DFK3DD3@97?7@FE {36}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| | =:>> | | !11>0??492 | 0? | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------|--|------------|----| | 0.08-0=
| 984774:9> | | | | | +75GD;F;7EBGD5:3E76G@67DD7E3>739D77?7@FE


































|

| |
| | | +75GD;F;7E4ADDAI;@9FD3@E35F;A@E




















































|
| | N | | | &:?,7>@-50.??:091:=.0,-70 |
| | | | | +75GD;F;7E4ADDAI;@9FD3@E35F;A@E




















































|
| | N | | |
&:?,79:?>@-50.??:091:=.0,-70 |
| | N | | |
&:?,7 |

| |
| | \*7BD7E7@FEE75GD;F;7EBGD5:3E76G@67DD7E3>739D77?7@FE3@6E75GD;F;7E4ADDAI;@9FD3@E35F;A@EI:7D73>793>AB;@;A@EGBBADF;@9 F:7;D7@8AD5734;>;FKA8@7FF;@9;@F:77H7@FA86783G>FADF7D?;@3F;A@G@67DF:739D77?7@F;E@AF;@B>357 - ?;>>;A@A8F:7FAF3>@7F3?AG@FA8E75GD;F;7EBGD5:3E76G@67DD7E3>739D77?7@FE3@6-?;>>;A@E75GD;F;7E4ADDAI;@9 FD3@E35F;A@E3D7D7BADF763F83;DH3>G7 {37}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| | =:>> | | !11>0??492 | 0? | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------|--|------------|----| | 0.08-0=
| 984774:9> | | | | | +75GD;F;7EEA>6G@67DD7BGD5:3E739D77?7@FE






























|

| |
| | | +75GD;F;7E>7@6;@9FD3@E35F;A@E




















































|
| | N | | |





'4>;93F;A@FAD7FGD@E75GD;F;7ED757;H763E5A>>3F7D3> 3F83;DH3>G7 |
| | N | | | &:?,7>@-50.??:091:=.0,-70 |
| | | | | +75GD;F;7EEA>6G@67DD7BGD5:3E739D77?7@FE



































|
| | N | | | +75GD;F;7E>7@6;@9FD3@E35F;A@E

























































|
| | N | | |
&:?,79:?>@-50.??:091:=.0,-70 |
| | N | | |
&:?,7 |

| |
| |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{38}------------------------------------------------ ### **!11>0??492:149,9.4,7>>0?>,9/49,9.4,74,-474?40>** | | | | | | ,>3
.:77,?0=,7 | | | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------|-----------|----------------------------|--|-------------------------|----------------|---| | | 0? | | 49,9.4,7
9>?=@809?>
| | =0.04A0/
;70/20/
| 0?
0C;:>@=0 | | | 0.08-0=
| | 984774:9> | | | | | | | 49,9.4,7,>>0?>>@-50.??:091:=.0,-70 | | | | | | | | | 7D;H3F;H75A@FD35FE



































































|

| | N | | | | | | +75GD;F;7EBGD5:3E76G@67DD7E3>739D77?7@FE





























|
| | | | N | | N | | +75GD;F;7E4ADDAI;@9FD3@E35F;A@E















































|
| | | | N | | | | &:?,7149,9.4,7,>>0?>>@-50.??:091:=.0,-70 |

| | | | | | | | | | | | | | | | | 49,9.4,774,-474?40>>@-50.??:091:=.0,-70 | | | | | | | | | 7D;H3F;H75A@FD35FE



































































|

| | | | N | | | | +75GD;F;7EEA>6G@67DD7BGD5:3E739D77?7@FE






























|
| | | | N | | N | | +75GD;F;7E>7@6;@9FD3@E35F;A@E




















































|
| | | | N | | | | '4>;93F;A@FAD7FGD@E75GD;F;7ED757;H763E5A>>3F7D3> 3F83;DH3>G7
|
| | | | N | | N | | &:?,7149,9.4,774,-474?40>>@-50.??:091:=.0,-70 |

| | | | N | | | ,:7FAF3> 3?AG@F D7BADF76 ;@ 8;@3@5;3> ;@EFDG?7@FED75A9@;L76 8;@3@5;3> 3EE7FE 3@6 8;@3@5;3> >;34;>;F;7E 3@6 @A@ 53E: 8;@3@5;3> 5A>>3F7D3> 3@6 53E: 5A>>3F7D3> ;E >;?;F76FAF:7 3?AG@F A8F:7 D7>3F76 ;@EFDG?7@FE BD7E7@F76 ;@F:7 5A@EA>;63F76 EF3F7?7@F A8 8;@3@5;3>5A@6;F;A@3@6F:7D78AD73@KAH7D 5A>>3F7D3>;L3F;A@A8F:7E7BAE;F;A@E;E@AF;@5>G676 ### **&=,9>10=>:149,9.4,7>>0?>,9/(,=4,-709?0=0>?9?4?40>** # **%0.@=4?4E,?4:9.?4A4?40>** **++++++++++++++++++++++++++** !@ F:7 @AD?3> 5AGDE7 A8 4GE;@7EE F:7 A?B3@K 7@F7DE ;@FA FD3@E35F;A@E I;F: 3@6 ?3=7E GE7 A8 EB75;3>BGDBAE77@F;F;7E+(E@+(;E3@7@F;FK;@F:78AD?A83FDGEFADAF:7D>793>EFDG5FGD767E;9@76FA 8G>8;>>3EB75;8;5>;?;F76@776A8F:75A?B3@KF:3FAD93@;L76;F3@6;E97@7D3>>KEFDG5FGD76FA;EA>3F7F:7+(E 3EE7FE 8DA?5D76;FADEADAF:7D7@F;F;7E ;@5>G6;@9F:7A?B3@K,:7BD;@5;B3>GE7EA8+(E3D7FA3EE;EFF:7 A?B3@K 3@6 ;FE 5>;7@FE ;@ E75GD;F;L;@9 8;@3@5;3> 3EE7FE 3@6 FA 5D73F7 ;@H7EF?7@F BDA6G5FE +(E FKB;53>>K CG3>;8K3E.!EF735:43>3@57E:77F63F7 .!E3D7D7H;7I768AD7H7@FEF:3F?3KFD;997DD73EE7EE?7@FA8F:7 7@F;F;7EP5>3EE;8;53F;A@ ,:7 ?3H7 ?ADF9397E 3@6 ?ADF9397 D7>3F76 E75GD;F;7E3@63D7BD76A?;@3@F>KFD3@E35F76GE;@9+(E!@3FKB;53>E75GD;F;L3F;A@ F:7+(BGD5:3E7E3EE7FE 8;@3@5764KBDA5776E D757;H76 8DA?F:7+(PE;EEG3@57A8674F;@EFDG?7@FE,:7E73EE7FE3@6>;34;>;F;7E3D7 D75AD676 A@F:7 43>3@57 E:77F A8F:7 +( 3@6 @AF D78>75F76 A@F:7 A?B3@KPE 5A@EA>;63F76 EF3F7?7@F A8 8;@3@5;3>5A@6;F;A@ G@>7EE7;F:7DF:7A?B3@KEA>6F:73EE7FEFAF:77@F;FK3@6F:75D;F7D;3G@67D-+( 8ADE3>7355AG@F;@9I3E@AF?7FADF:7A?B3@K5A@EA>;63F7EF:7+( {39}------------------------------------------------ ### **&=,9>10=>:149,9.4,7>>0?>,9/(,=4,-709?0=0>?9?4?40>** ,:7A?B3@KBGD5:3E7E\*%+ %+ 3@6AF:7D674FE75GD;F;7E 8ADF:7BGDBAE7A8E75GD;F;L3F;A@ 3@6E7>>EF:7E7E75GD;F;7EFA+(E,:7E7+(E;EEG7\*%+ %+3@6AF:7D\$'EF:3F3D75A>>3F7D3>;L764K F:73EE7FEFD3@E87DD76FAF:7+(3@6F:3FB3K3D7FGD@43E76A@F:7D7FGD@EA@F:AE73EE7FE!@H7EFADE;@F:7E7 ?ADF9397 435=76 E75GD;F;7E FKB;53>>K :3H7 D75AGDE7 FA F:7 3EE7FE ;@ F:7 +(E ,:;D6 B3DFK 9G3D3@F77E ?3K 8GDF:7D 7@:3@57 F:7 5D76;FIADF:;@7EE A8 F:7 3EE7FE ,:7 ;@H7EFADE 3@6 F:7 +(E :3H7 @A D75AGDE7 FA F:7 A?B3@KPE3EE7FE,:7A?B3@K;E3@G@67DID;F7DA8 3@6?3=7E3?3D=7F;@ F:7E7E75GD;F;7E ,:7 A?B3@K 3>EA FD3@E35FE ;@ D7 E75GD;F;L3F;A@E A8 BD7H;AGE>K ;EEG76 \*%+ E75GD;F;7E ,KB;53>>K 57DF;8;53F7E ;EEG76 AGF A8 3@ 7J;EF;@9 E75GD;F;L3F;A@ H7:;5>7 3D7 EA>6 ;@FA 3 @7I>K 5D73F76 3@6 E7B3D3F7 E75GD;F;L3F;A@H7:;5>7'8F7@ F:7E7D7 E75GD;F;L3F;A@E3D7;@;F;3F76;@AD67DFAD7 E75GD;F;L73@7J;EF;@9E75GD;FK FA9;H7F:7;@H7EFAD3@;@H7EF?7@FI;F:6;887D7@FD;E=D3F;@9EAD5:3D35F7D;EF;5E +75GD;F;L3F;A@FD3@E35F;A@E3D73EE7EE768AD3BBDABD;3F7355AG@F;@9FD73F?7@FA8F:73EE7FEFD3@E87DD76 4KF:7A?B3@K,:7A?B3@KPE3@6;FE5>;7@FEP;@H7EF;@9AD8;@3@5;@9@776E67F7D?;@7F:7EFDG5FGD7A8735: FD3@E35F;A@ I:;5: ;@ FGD@ 67F7D?;@7E I:7F:7D E3>7 355AG@F;@9 3@6 EG4E7CG7@F 67D75A9@;F;A@ A8 F:7 FD3@E87DD76 3EE7FE 3BB>;7E7DF3;@FD3@E35F;A@E?3K 47 EFDG5FGD76FA;@5>G67 67D;H3F;H7E AD AF:7D BDAH;E;A@E F:3FBD7H7@FE3>7355AG@F;@9 /:7@F:7A?B3@KFD3@E87DE3EE7FE;@FA3@+( ;F?GEF3EE7EEI:7F:7DF:3FFD3@E87D;E355AG@F768AD 3E3E3>7A8F:73EE7FE,D3@E87DEA83EE7FE?3K@AF?77FE3>7D7CG;D7?7@FE;8F:73EE7FE:3H7@AF477@>793>>K ;EA>3F76 8DA?F:7A?B3@K3@6 AD;8F:7A?B3@KPE5A@F;@G;@9;@HA>H7?7@F;E677?76FA9;H7;F78875F;H7 5A@FDA>AH7DF:73EE7FE!8F:7FD3@E87D83;>EE3>7355AG@F;@9 ;F;E355AG@F768AD3E3E75GD764ADDAI;@9 I;F: F:7FD3@E87DD763EE7FE3E5A>>3F7D3> ## **:9?49@49249A:7A0809?49?=,9>10==0/149,9.4,7,>>0?>** ,:7 A?B3@K ?3K :3H7 5A@F;@G;@9 ;@HA>H7?7@F ;@ F:7 8;@3@5;3> 3EE7FE F:3F 3D7 FD3@E87DD76 FA 3@ +( I:;5:?3KF3=7E7H7D3>8AD?E ;@5>G6;@9 4GF@AF>;?;F76FA D75AGDE73@69G3D3@F773DD3@97?7@FE3@6 47@78;5;3>;@F7D7EFE;@F:7FD3@E87DD763EE7FE7@78;5;3>;@F7D7EFE I:;5:3D7H3>G763F83;DH3>G7 ;@5>G67D;9:FE FAD757;H73>>ADBADF;A@EA8EB75;8;7653E:;@8>AIED757;H764K3@+( ;@5>G6;@9 4GF@AF>;?;F76FA E7@;AD 3@6EG4AD6;@3F76E:3D7EA8;@F7D7EF BD;@5;B3> ADAF:7D53E:;@8>AIEFA47QB3EE76F:DAG9:RADQB3;6F:DAG9:R 3@6D7E;6G3>;@F7D7EFE I:7F:7D;@F:78AD?A8674FAD7CG;FK,:753DDK;@9H3>G73@6?3J;?G?7JBAEGD73EA8 757?47D D7EG>F;@9 8DA? 39D77?7@FEFA BDAH;67 EGBBADFFA+(E;E;@5>G676;@F:7 E75F;A@F;F>76 O&A@ 5A@EA>;63F76.!EP ,:7 A?B3@KPE 7JBAEGD7 D7EG>F;@9 8DA? 5A@F;@G;@9 ;@HA>H7?7@F ;@ FD3@E87DD76 8;@3@5;3> 3EE7FE ;E 97@7D3>>K>;?;F76FA;FE47@78;5;3>;@F7D7EFE FKB;53>>K:7>64KF:7A?B3@K;@F:78AD?A8;@EFDG?7@FE;EEG764K F:7 D7EB75F;H7 +(E F:3F 3D7 E7@;AD EG4AD6;@3F76 AD D7E;6G3> FD3@5:7E ,:7E7 ;@EFDG?7@FE 3D7 :7>6 4K F:7 A?B3@K ;@ 5A@@75F;A@ I;F: G@67DID;F;@9 AD ?3D=7F ?3=;@9 35F;H;F;7E 3@6 3D7 ;@5>G676 ;@ 8;@3@5;3> ;@EFDG?7@FEAI@76;@F:75A@EA>;63F76EF3F7?7@FA88;@3@5;3>5A@6;F;A@3F83;DH3>G7 !@H7EFADE GEG3>>K :3H7 D75AGDE7 FA F:7 3EE7FE ;@ F:7 +( 3@6 A8F7@ 47@78;F 8DA? AF:7D 5D76;F 7@:3@57?7@FE ,:7 +( ?3K 3>EA 7@F7D ;@FA 3 67D;H3F;H7 5A@FD35F ;@ AD67D FA 5A@H7DF F:7 K;7>6 A8 F:7 G@67D>K;@93EE7FEFA?3F5:F:7@776EA8F:7+(;@H7EFADEADFA>;?;FAD5:3@97F:75D76;FD;E=A8F:7+( {40}------------------------------------------------ ### **&=,9>10=>:149,9.4,7>>0?>,9/(,=4,-709?0=0>?9?4?40>** # **"=49.4;,7 ,8:@9?> :@?>?,9/492 ,9/ ?:?,7 ,>>0?> :1 %"> =0>@7?492 1=:8 .:9?49@492 49A:7A0809?** ,:7 8A>>AI;@9 F34>7 BDAH;67E F:7 AGFEF3@6;@9 BD;@5;B3> 43>3@57 A8 3EE7FE FA I:;5: F:7 A?B3@K 5A@F;@G7EFA477JBAE76 :3E5A@F;@G;@9;@HA>H7?7@FI;F:38F7DF:7FD3@E87DA8F:78;@3@5;3>3EE7FEFA3@K+( 3@6F:7FAF3>3EE7FEA8F:7+(3EA8757?47D D793D6>7EEA8I:7@F:7FD3@E87DA83EE7FEA55GDD76 | | :=?30D0,=09/0/0.08-0=
| | | | | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------|------|---------|--|--| | | \$% | % | !?30=!> | | | | | 984774:9> | | | | | | (D;@5;B3>3?AG@FAGFEF3@6;@9





















| |
|
| | | | ,AF3>3EE7FEA8+(









































| | | | | |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| | :=?30D0,=09/0/0.08-0=
| | | | | | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------|----------|--|--|--|--| | | \$% | % | | | | | | | :77,=>4984774:9> | | | | | | | 3;DH3>G7A83EE7FE








































































|

|

| | | | | | A8I:;5:>7H7>








































































|
N |
N | | | | | | A8I:;5:>7H7>








































































|
N |
| | | | | | A8I:;5:>7H7>








































































|
|
| | | | | | 3H7D397>;87 ;@K73DE























































/7;9:F76 |
|
| | | | | | (D7B3K?7@FEB7763EEG?BF;A@D3F7B7D3@@G? ;@


















|
| | | | | | | 3E:8>AI6;E5AG@FD3F7D3F7B7D3@@G? ;@





























|
|
| | | | | | JB75F765D76;F>AEE7ED3F7B7D3@@G? ;@































|
| | | | | | {41}------------------------------------------------ ### **&=,9>10=>:149,9.4,7>>0?>,9/(,=4,-709?0=0>?9?4?40>** **&30 ?,-70 -07:B ;=:A4/0> ?30 >09>4?4A4?D ,9,7D>4> :1 60D 0.:9:84. ,>>@8;?4:9> @>0/ 49 80,>@=492?301,4=A,7@0:1-09014.4,749?0=0>?>307/49%">,>:10.08-0=** | | >:10.08-0=
| | | | | | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------|------|------|------|--|--| | | \$% | | | % | | | | | :77,=>4984774:9> | | | | | | | 3;DH3>G7A83EE7FE3@6>;34;>;F;7E























































|
| |
| | | | | ;@H7EF?7@F9D367






















































A8I:;5:@A@ |
| |
| N | | | | 3H7D397>;87 ;@K73DE




























































/7;9:F76 | | | | | | | | (D7B3K?7@FEB7763EEG?BF;A@D3F7B7D3@@G? ;@























| |
| |
| | | | !?B35FA@83;DH3>G78DA? 36H7DE75:3@97





























|
| | | | | | | !?B35FA@83;DH3>G78DA? 36H7DE75:3@97





























|
| | | | | | | 3E:8>AI6;E5AG@FD3F7D3F7B7D3@@G? ;@

































| |
| |
| | | | !?B35FA@83;DH3>G78DA? 36H7DE75:3@97





























|
| | | | | | | !?B35FA@83;DH3>G78DA? 36H7DE75:3@97





























|
| | | | | | | JB75F765D76;F>AEE7ED3F7B7D3@@G? ;@



































| |
| | | | | | !?B35FA@83;DH3>G78DA? 36H7DE75:3@97





























|
| | | | | | | !?B35FA@83;DH3>G78DA? 36H7DE75:3@97





























|
| | | | | | ,:7E7 E7@E;F;H;F;7E 3D7 :KBAF:7F;53> 3@6 6A @AF D78>75F 75A@A?;5 :769;@9 35F;H;F;7E:3@97E ;@ 83;D H3>G7 43E76 A@ 3 AD H3D;3F;A@ ;@ 3EEG?BF;A@E 97@7D3>>K 53@@AF 47 7JFD3BA>3F76 4753GE7 F:7 D7>3F;A@E:;BA8F:75:3@97;@3EEG?BF;A@FAF:75:3@97;@83;DH3>G7?3K@AF47>;@73D>EA F:778875FA83 H3D;3F;A@;@3B3DF;5G>3D3EEG?BF;A@A@F:783;DH3>G7A8F:747@78;5;3>;@F7D7EFE;E53>5G>3F76I;F:AGF5:3@9;@9 3@KAF:7D3EEG?BF;A@!@BD35F;57 5:3@97E;@A@73EEG?BF;A@?3KD7EG>F;@5:3@97E;@AF:7D3EEG?BF;A@E8AD 7J3?B>7 ;@5D73E7E;@?3D=7F;@F7D7EFD3F7E?3KD7EG>F;@>AI7DBD7B3K?7@FE3@6;@5D73E765D76;F>AEE7E I:;5: ?;9:F?39@;8KAD5AG@F7D35FF:7E7@E;F;H;F;7E # **%0.@=4?40> >:7/ @9/0= =0;@=.3,>0 ,2=00809?> ,9/ 709/492 ?=,9>,.?4:9> ,..:@9?0/ 1:= ,> >0.@=0/ -:==:B492>** ADE75GD;F;7EEA>6G@67DD7BGD5:3E739D77?7@FE3@6E75GD;F;7E>7@6;@9FD3@E35F;A@E355AG@F768AD3E E75GD76 4ADDAI;@9E -+( D7CG;D7EF:7 6;E5>AEGD7 A8F:7 5A>>3F7D3> B>76976 3@6F:7 3EEA5;3F76 D;E=EFA I:;5:3FD3@E87DAD5A@F;@G7EFA477JBAE7638F7DF:7FD3@E87D,:;EBDAH;67E3@G@67DEF3@6;@9A8F:7@3FGD7 3@6D;E=EA8E:ADF F7D?5A>>3F7D3>;L768;@3@5;@9A4F3;@76F:DAG9:F:7E7FKB7EA8FD3@E35F;A@E +75GD;F;7E EA>6 G@67D D7BGD5:3E7 39D77?7@FE 3@6 E75GD;F;7E >7@6;@9 FD3@E35F;A@E D7BD7E7@F 5A>>3F7D3>;L76 8;@3@5;@9FD3@E35F;A@E GE76FA 73D@ @7F ;@F7D7EF ;@5A?7 ;@5D73E7 >;CG;6;FK AD 835;>;F3F7FD36;@9 35F;H;F;7E ,:7E7 FD3@E35F;A@E 3D7 5A>>3F7D3>;L76 BD;@5;B3>>K 4K 9AH7D@?7@F 674F E75GD;F;7E 5ADBAD3F7 674F E75GD;F;7E 3EE7F 435=76 E75GD;F;7E 7CG;FK E75GD;F;7E 3@6 AF:7D 5A>>3F7D3> 3@6 :3H7 F7D?E D3@9;@9 8DA? A@ 67?3@6FA3>A@97DB7D;A6A8F;?7 {42}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| | 0.08-0=
| | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------|--| | | 984774:9> | | | AH7D@?7@F674FE75GD;F;7E
























































































|

| | | ADBAD3F7674FE75GD;F;7E




























































































|
| | | 435=76E75GD;F;7E
































































































EE7F |
| | | CG;FKE75GD;F;7E









































































































|
| | |


























































































































'F:7D |
| | |
%0.@=4?40>>:7/@9/0==0;@=.3,>0,2=00809?> |
| | | AH7D@?7@F674FE75GD;F;7E
























































































|
| | | ADBAD3F7674FE75GD;F;7E




























































































|
| | | CG;FKE75GD;F;7E









































































































|
| | | %0.@=4?40>709/492?=,9>,.?4:9> |
| | | AH7D@?7@F674FE75GD;F;7E
























































































|
| | | !-742,?4:9?:=0?@=9>0.@=4?40>=0.04A0/,>.:77,?0=,7,?1,4=A,7@0 |
| | | &:?,7 |

| | {43}------------------------------------------------ ### **&=,9>10=>:149,9.4,7>>0?>,9/(,=4,-709?0=0>?9?4?40>** **%0.@=4?40>>:7/@9/0==0;@=.3,>0,2=00809?>>0.@=4?40>709/492?=,9>,.?4:9>,9/:-742,?4:9?:=0?@=9 >0.@=4?40>=0.04A0/,>.:77,?0=,7F-D=08,49492.:9?=,.?@,78,?@=4?D** | | | | \$08,49492.:9?=,.?@,78,?@=4?40> | | | | | | | | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------|--|---------------------------------|---|------------|---|-----------------|---|-------|--| | >:10.08-0= | !9/08,9/

| | ';?:
/,D> | | ?:
/,D> | | :=0?3,9
/,D> | | &:?,7 | | | +75GD;F;7EEA>6G@67DD7BGD5:3E739D77?7@FE





|
| |
| |
| |
| | | | | +75GD;F;7E>7@6;@9FD3@E35F;A@E



























| | | | N | | N | | | | | | '4>;93F;A@FAD7FGD@E75GD;F;7ED757;H76













| | | | | | | | | | | | 3E5A>>3F7D3> 3F83;DH3>G7































| | | | N | | N | | N | | | | ,AF3>





























































|
| |
| |
| |
| | | | !@5>G67E5A@FD35FEI;F:@A5A@FD35FG3>?3FGD;FKF:3F?3K5A@F3;@F7D?;@3F;A@3DD3@97?7@FEEG4<75FFA3@AF;57B7D;A6 !@5>G67EAH7D@;9:FFD3@E35F;A@E **++++++++++++++++++++++++++** \*787DFAQ&AF7 M'88E7FF;@9A88;@3@5;3>3EE7FE3@68;@3@5;3>>;34;>;F;7ER8AD3D75A@5;>;3F;A@A89DAEE 3?AG@FE A8 E75GD;F;7E EA>6 G@67D D7BGD5:3E7 39D77?7@FE E75GD;F;7E >7@6;@9 FD3@E35F;A@E 3@6 A4>;93F;A@ FA D7FGD@E75GD;F;7ED757;H763E5A>>3F7D3>FAF:7@7F3?AG@FE6;E5>AE76;@F:75A@EA>;63F76EF3F7?7@FA88;@3@5;3> 5A@6;F;A@ ## **(,=4,-709?0=0>?9?4?40>** E3@AD?3>B3DFA8;FE4GE;@7EE F:7A?B3@K7@9397E;@H3D;AGEFD3@E35F;A@EF:3F;@5>G677@F;F;7E I:;5: 3D7 5A@E;67D76 .!E 3@6 3D7 4DA36>K 9DAGB76 ;@FA FIA BD;?3DK 53F79AD;7E \$'E 3@6 8;@3@5;3> ;@F7D?76;3F;A@ .!E 3D7 +(EF:3FFKB;53>>K 7;F:7D >35= EG88;5;7@F 7CG;FKFA 8;@3@57F:7;D 35F;H;F;7E I;F:AGF 366;F;A@3>EG4AD6;@3F768;@3@5;3>EGBBADFAD3D7EFDG5FGD76EG5:F:3FF:7:A>67DEA8F:7HAF;@9D;9:FE6A@AF EG4EF3@F;H7>KB3DF;5;B3F7;@F:793;@E3@6>AEE7EA8F:77@F;FK.!E?3K47 EBA@EAD764KF:7A?B3@K AD F:;D6B3DF;7E+G5:7@F;F;7E3D7D7CG;D76FA473EE7EE768AD5A@EA>;63F;A@ D7CG;D;@9F:7BD;?3DK47@78;5;3DKFA 5A@EA>;63F7F:7.!,:75A@EA>;63F;A@3EE7EE?7@FD7CG;D7E3@7@F;FKFA67F7D?;@7I:7F:7D;F:3EF:7BAI7D FA6;D75FF:735F;H;F;7EF:3F?AEFE;9@;8;53@F>K38875FF:775A@A?;5EA8F:7.!3EI7>>3EI:7F:7DF:7D7BADF;@9 7@F;FK:3EBAF7@F;3>>KE;9@;8;53@F47@78;FEAD>AEE7E;@F:7.!,:7BD;?3DK47@78;5;3DK3EE7EE?7@F?GEF47D7 7H3>G3F76A@3@A@9A;@943E;E BB>;53F;A@ A8F:7 D7CG;D7?7@FE 8AD 5A@EA>;63F;A@ A8 .!E ?3K D7CG;D7F:7 7J7D5;E7 A8 E;9@;8;53@F ;63F;A@A83.!;E D7CG;D76 F:77JBAEGD7FAF:7A?B3@K;E>;?;F76FAF:3F BADF;A@ A8 F:7 .!PE 3EE7FE 3FFD;4GF34>7 FA 3@K H3D;34>7 ;@F7D7EF :7>6 4K F:7 A?B3@K BD;AD FA 3@K D;E= ?3@397?7@F35F;H;F;7EFA:7697F:7A?B3@KPE@7F7JBAEGD7@K;@F7D7EFE:7>6;@F:7.!4KF:;D6B3DF;7E 7H7@F:AG9:5A@EA>;63F764KF:7A?B3@K I;>>@AFFKB;53>>K;?B35F;FED7EG>FEA8AB7D3F;A@E {44}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{45}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{46}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| | 49,9.4,7
9?0=80/4,?4:9
%0.@=4?4E,?4:9 | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------| | 0.08-0=
| 984774:9> | | >>0?> | | | 74F;@EFDG?7@FE




















































































































|

| | 'F:7D3EE7FE





























































































































|
| | &:?,7,>>0?> |
| | 4,-474?40> | | | +G4AD6;@3F763@6AF:7D>A@9
F7D?4ADDAI;@9E








































































|
| | &:?,774,-474?40> |

| ,:73EE7FE3@6>;34;>;F;7E;@F:7F34>734AH73D7BD7E7@F76@7FA8;@F7D5A?B3@K7>;?;@3F;A@E # **:9.:9>:74/,?0/(>** ,:7 @A@ 5A@EA>;63F76 .!F34>7E BDAH;67F:7 53DDK;@9 3?AG@FE 3@6 5>3EE;8;53F;A@ A8F:7 3EE7FE A8 H3D;34>7;@F7D7EFE D75AD676;@F:7 5A@EA>;63F76 EF3F7?7@F A8 8;@3@5;3> 5A@6;F;A@ ?3J;?G? 7JBAEGD7FA>AEE 3@6FAF3>3EE7FEA8F:7@A@ 5A@EA>;63F76.!E {47}------------------------------------------------ ### **&=,9>10=>:149,9.4,7>>0?>,9/(,=4,-709?0=0>?9?4?40>** %3J;?G?7JBAEGD7FA>AEED7BD7E7@FEF:7H3D;34>7;@F7D7EFEA8@A@ 5A@EA>;63F76.!EF:3F3D7:7>6 4KF:7A?B3@K8AD 7J3?B>7 6;D75F :A>6;@9E;@H7:;5>7E >A3@E 3@6 AF:7D D757;H34>7E 3EI7>> 3E @AF;A@3> 3?AG@FE A8 9G3D3@F77E 3@6 A88 43>3@57 E:77F 5A??;F?7@FE I:;5: 3D7 H3D;34>7 ;@F7D7EFE F:3F :3H7 477@ 7JF7@676 FA @A@ 5A@EA>;63F76 .!E +G5: 3?AG@FE B3DF;5G>3D>K @AF;A@3> 3?AG@FE A8 67D;H3F;H7E 3@6 9G3D3@F77E 6A@AFD7BD7E7@FF:73@F;5;B3F76>AEE7E;@5A@@75F;A@I;F:F:7E7FD3@E35F;A@E3EF:7K6A@AFF3=7 ;@FA5A@E;67D3F;A@F:778875FA85A>>3F7D3> D75AH7D;7EADF:7BDA434;>;FKA8>AEE!@366;F;A@ F:7K7J5>G67F:7 78875FA8A88E7FF;@9 8;@3@5;3>;@EFDG?7@FEF:3F3D7:7>6FA?;F;93F7F:7E7D;E=E3@6:3H7@AF477@D76G5764K G@D73>;L76>AEE7EBD7H;AGE>KD75AD6764KF:7A?B3@K;@5A@@75F;A@I;F:9G3D3@F77EAD67D;H3F;H7E &A@ 5A@EA>;63F76 .! 3EE7FE 3D7 .!E I;F: I:;5: F:7 A?B3@K :3E H3D;34>7 ;@F7D7EFE ,:7E7 3?AG@FE3D7FKB;53>>KG@D7>3F76FAF:77JBAEGD7F:7A?B3@K:3EI;F:F:77@F;FK3@6F:GE3D7@AF3?AG@FE F:3F3D75A@E;67D768ADD;E=?3@397?7@FBGDBAE7E | | 49,9.4,79?0=80/4,?4:9 | | | | | | | | | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------|-----------------------|-----------|--|--|-------|--|--|--| | 0.08-0=
| | !>
%0.@=4?4E,?4:9> | | | | &:?,7 | | | | | | | | 984774:9> | | | | | | | | ;@3@5;3>;@EFDG?7@FEAI@76































|
| |
| | | | | | | | &7F>A3@E





























































| | N | | | | | | | | | 'F:7D3EE7FE
























































| | | | | | | | | | | ,AF3>H3D;34>7;@F7D7EF3EE7FE
































| | | | | | | | | | | %3J;?G?7JBAEGD7FA>AEE


































| | | | | | | | | | | 5A@EA>;63F76.!3EE7FE































&A@ |
| | | | | | | | | ### **::/B477,9//09?414,-709?,924-70>>0?>** EA8757?47D F:7A?B3@K6;6@AF:3H73@K9AA6I;>>;@;FE4AA=E3@6:36D75AD6763 8G>>;?B3;D?7@FA8-?;>>;A@A@F:79AA6I;>>F:3F7J;EF763FF:7479;@@;@9A8F:7K73D ,:7A?B3@K:3E3E;@9>7D7BADF;@9G@;F,:753DDK;@9H3>G7A8F:7D7BADF;@9G@;F8ADF:7BGDBAE7A8 F:7 9AA6I;>> ;?B3;D?7@F F7EF ;E 67F7D?;@76 4K 5A@E;67D;@9 F:7 D7BADF;@9 G@;FE D;E= I7;9:F76 3EE7FE GE397 >7H7D397 D3F;A 7JBAEGD7 6787DD76 F3J 3EE7FE EFD7EE76 53B;F3> 4G887D 9AA6I;>> ;@F3@9;4>7 3EE7FE 3@6 AF:7D 5A??A@7CG;FKF;7D,53B;F3>D7>7H3@F36G7A8;FED7BADF;@9G@;F F:7A?B3@K3BB>;7635A?4;@3F;A@A8F:7;@5A?7 3BBDA35: 3@6 F:7 ?3D=7F 3BBDA35: -@67D F:7 ?3D=7F 3BBDA35: 83;D H3>G7 I3E 7EF;?3F76 GE;@9 7JF7D@3> 8;@3@5;3>63F33@6E7H7D3>;?B>;76?3D=7F?G>F;B>7E-@67DF:7;@5A?73BBDA35: 36;E5AG@FD3F7I3E3BB>;76 F:3F D78>75FE F:7 D;E= 3@6 G@57DF3;@FK D7>3F76 FA F:7 D7BADF;@9 G@;FPE BDA<75F76 53E: 8>AIE I:;5: I7D7 67F7D?;@768DA?F:7A?B3@KPE8;@3@5;3>B>3@ {48}------------------------------------------------ ### **::/B477,9//09?414,-709?,924-70>>0?>** !@67F7D?;@;@9F:77EF;?3F7683;DH3>G7G@67DF:7;@5A?73BBDA35: F:7A?B3@K?3;@>KD7>;76GBA@ ;FE>3F7EF8;H7 K73D8;@3@5;3>B>3@I:;5:;@5>G676E;9@;8;53@F?3@397?7@F3EEG?BF;A@E3@67EF;?3F7E43E76A@ ;FEH;7IA85GDD7@F3@68GFGD775A@A?;55A@6;F;A@E3@6D79G>3FADK5:3@97E!@67F7D?;@;@9F:77EF;?3F7683;D H3>G7G@67DF:7?3D=7F3BBDA35: F:7A?B3@K?3;@>KD7>;76GBA@7JF7D@3>BD;57E BDA<75F7673D@;@9E3@6F:7 F3@9;4>74AA=H3>G73E3FF:7H3>G3F;A@63F7 3E76A@F:7 8;@3@5;3> 63F33@6?3D=7F5A@6;F;A@E 6GD;@9F:7K73D F:77EF;?3F76 83;DH3>G7 8ADF:7 A?B3@K I3E 47>AI F:7 7EF;?3F76 4AA= H3>G7 4K 3@ 3?AG@F 9D73F7D F:3@ F:7 3?AG@F A8 9AA6I;>> 3@6 F:7D78AD7F:78G>>3?AG@FA89AA6I;>>I3E;?B3;D76 ### **9?,924-70>>0?>** E A8757?47D F:7A?B3@K :36 -?;>>;A@ A8 ;@678;@;F7 >;H76 ;@F3@9;4>7 3EE7FE ,:7 A?B3@K :369DAEE;@678;@;F7 >;H76;@F3@9;4>7 3EE7FE A8-?;>>;A@ 3FF:7 479;@@;@9 A8 K73D 3>A@9I;F: @A 355G?G>3F763?ADF;L3F;A@3@6;?B3;D?7@F3E76A@F:7D7EG>FEA8F:7A?B3@KPEK73D 7@63@@G3>D7H;7I @A ;?B3;D?7@F5:3D97A@;@F3@9;4>73EE7FEI3ED7CG;D76 ### **:==:B492>** **++++++++++++++++++++++++++** +:ADF F7D? 4ADDAI;@9E 3D7 97@7D3>>K 8G@6;@9 A4>;93F;A@E I;F: ;@F7D7EF 3BBDAJ;?3F;@9 F:7 767D3> G@6ED3F7 ADAF:7D?A@7K?3D=7F;@6;57E3@63@;@5D7?7@F3>EBD736+G5:4ADDAI;@9E3D797@7D3>>KGE76FA 835;>;F3F7 F:7 E75GD;F;7E E7FF>7?7@F BDA57EE 8;@3@57 8;@3@5;3> ;@EFDG?7@FE AI@76 3@6 8;@3@57 E75GD;F;7E BGD5:3E764K5GEFA?7DEA@?3D9;@EA8757?47D F:7A?B3@K:36-?;>>;A@;@E:ADF F7D? 4ADDAI;@9E I:;5:BD76A?;@3F7>K;@5>G67EE:ADF F7D?4ADDAI;@9E8DA?388;>;3F7E3@6:3E3I7;9:F763H7D397 ;@F7D7EFD3F7A8EA8757?47D F:7D7I7D7@AE:ADF F7D?4ADDAI;@9EE75GD764KA?B3@K AI@76E75GD;F;7E EA8757?47D F:7A?B3@KPEAGFEF3@6;@9EG4AD6;@3F763@6>A@9MF7D?4ADDAI;@9EI7D7 3E8A>>AIE | | 984774:9> | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------| | +G4AD6;@3F76674F39D77?7@F 76G@6ED3F7B>GE4BE 6G7;@































|

| | +G4AD6;@3F76674F39D77?7@F 76G@6ED3F7B>GE4BE 6G7;@































|
| | CG;FKEG4AD6;@3F76674F 76G@6ED3F7B>GE4BE 6G7;@





































|
| | 6G7H3D;AGE63F7EF:DAG9:
































'F:7D>A@9
F7D?4ADDAI;@9E |
| | F7D?4ADDAI;@9E8DA?388;>;3F7E 6G7;@

























































\$A@9 |
| | F7D?4ADDAI;@9E




































































,AF3>EG4AD6;@3F763@6AF:7D>A@9 |

| ,:7I7;9:F763H7D39778875F;H7;@F7D7EFD3F78ADF:7E7EG4AD6;@3F764ADDAI;@9E3EA8757?47D I3E &#x27;F:7D>A@9 F7D?4ADDAI;@9ED7BD7E7@FF:7>A@9 F7D?4ADDAI;@9EA8.!E5A@EA>;63F76G@67D-+( \$A@9 F7D?4ADDAI;@9E8DA?3@388;>;3F73D77H7D9D77@4ADDAI;@9835;>;F;7EI;F:3 63K53>>@AF;57B7D;A6 {49}------------------------------------------------ ### **:==:B492>** ,:78A>>AI;@9F34>7E7FE8ADF:E5:76G>76?3FGD;F;7EA83>>>A@9 F7D?4ADDAI;@9E3EA8757?47D | | 984774:9> | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------| |










































































































































|

| | 3@6F:7D738F7D



















































































































|
| | ,AF3>




































































































































|

|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{50}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| | :884?809?C;4=,?4:9"0="0=4:/ | | | | | | | | | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------|---------------------|------|-----------|------|-----------|------|---------------|----------------------| | | | 0>>?3,9

D0,= | |
D0,=> | |
D0,=> | | !A0=
D0,=> | &:?,7
.:884?809?> | | | | | | | | 984774:9> | | | | | -@8G@676>7@6;@95A??;F?7@FE





















|
| |
| N |
| N |
| |

| | ,AF3>5A??;F?7@FE




































|
| |
| N |
| N |
| |

|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{51}------------------------------------------------ ### **:9.09?=,?4:9>:1=0/4?\$4>6** ,:7A?B3@K:365A@57@FD3F;A@D;E=7JBAEGD7FA-+AH7D@?7@F3@6397@5KE75GD;F;7EBD;?3D;>K F:DAG9:;FE8;@3@5;@935F;H;F;7E,:7A?B3@KPE;@6;D75F7JBAEGD7D7EG>FE8DA??3;@F3;@;@9-+AH7D@?7@F 3@6397@5KE75GD;F;7E3E5A>>3F7D3>8ADD7E3>739D77?7@FE3@6E75GD;F;7E4ADDAI76FD3@E35F;A@E,:7A?B3@KPE 6;D75F5D76;F7JBAEGD7A@F:7E7FD3@E35F;A@E;EI;F:F:75AG@F7DB3DFKF:GEF:7A?B3@K:3E5D76;F7JBAEGD7 FA F:7 -+ AH7D@?7@F 3@6 ;FE 397@5;7E A@>K ;@ F:7 7H7@F A8 F:7 5AG@F7DB3DFKPE 6783G>F !@ 366;F;A@ EG4EF3@F;3>>K 3>> A8F:7 5A>>3F7D3> :7>6 4KF:7A?B3@K 8AD D7E3>7 39D77?7@FE 3@6 E75GD;F;7E 4ADDAI76 3E A8 757?47D 5A@E;EF76A8-+AH7D@?7@F3@6397@5KE75GD;F;7E ### **0?,;4?,7\$0<@4=0809?>** ,:7 A?B3@K ;E 3 D79;EF7D76 4DA=7D 673>7D 3@6 D79;EF7D76 8GFGD7E 5A??;EE;A@ ?7D5:3@F 3@6 355AD6;@9>K ;EEG4<75FFAF:7?;@;?G?@7F53B;F3>D7CG;D7?7@FEA8F:7+75GD;F;7E3@6J5:3@97A??;EE;A@ + F:7 A??A6;F;7E GFGD7E ,D36;@9 A??;EE;A@ , 3@6 F:7 ;@3@5;3> !@6GEFDK \*79G>3FADK GF:AD;FK!&\* -@67DF:7 3>F7D@3F;H7?7F:A6 B7D?;FF76 4K +\*G>7 5 F:7 D7CG;D76 @7F 53B;F3> ?3K @AF 47 >7EE F:3@ A8 399D793F7 674;F 43>3@57E 3D;E;@9 8DA? 5GEFA?7D FD3@E35F;A@E -@67D , \*79G>3F;A@ F:7D7CG;D76?;@;?G?@7F53B;F3>D7CG;D7?7@F;EA8F:7FAF3>D;E=?3D9;@D7CG;D7?7@F3E 678;@768AD3>>BAE;F;A@E53DD;76;@5GEFA?7D3@6@A@ 5GEFA?7D355AG@FE!&\*?3KD7CG;D73?7?47D8;D? FAD76G57;FE4GE;@7EE;8@7F53B;F3>;E>7EEF:3@A8EG5:399D793F7674;F;F7?E3@6?3KBDA:;4;F38;D?8DA? 7JB3@6;@9;FE4GE;@7EE;8@7F53B;F3>;E>7EEF:3@A8EG5:399D793F7674;F;F7?EEA8757?47D F:7 A?B3@KPE @7F 53B;F3> A8 3BBDAJ;?3F7>K - 4;>>;A@ I:;5: I3E ;@ 7J57EE A8 F:7 , 3@6 D7H7DE7 D7BGD5:3E739D77?7@F?;@;?G?D7CG;D7?7@F4K3BBDAJ;?3F7>K-4;>>;A@ ### **,>3,9/%0.@=4?40>%02=02,?0/'9/0=0/0=,7,9/!?30=\$02@7,?4:9>** E 3 D79;EF7D76 4DA=7D 673>7D F:7A?B3@K ;E EG4<75FFAF:7 5GEFA?7D BDAF75F;A@ D7CG;D7?7@FE A8 +\*G>75 ,:7A?B3@K6;6@AF:3H73@K53E:AD-+,D73EGDKE75GD;F;7E3EA8757?47D E79D793F76 ;@ 3 EB75;3> D7E7DH7 43@= 355AG@F 7J5>GE;H7>K 8AD F:7 47@78;F A8 5GEFA?7DE 3E D7CG;D76 4K \*G>7 5 ,:7 A?B3@K ;E 3>EA D7CG;D76 FA B7D8AD? 3 5A?BGF3F;A@ A8 D7E7DH7 D7CG;D7?7@FE 8AD (DABD;7F3DK 55AG@FEA8DA=7D73>7DE(BGDEG3@FFA+\*G>75 EA8757?47D F:7A?B3@K E79D793F76-+,D73EGDKE75GD;F;7EI;F:3?3D=7FH3>G7A8-?;>>;A@;@3EB75;3>D7E7DH743@=355AG@FFA ?77FF:7(D7CG;D7?7@F E 3 8GFGD7E 5A??;EE;A@ ?7D5:3@F F:7 A?B3@K ;E D7CG;D76 FA B7D8AD? 5A?BGF3F;A@E A8 F:7 D7CG;D7?7@FEA8+75F;A@63@6\*79G>3F;A@ G@67DF:7A??A6;FKJ5:3@975FEA8757?47D -?;>>;A@A853E:3@6-?;>>;A@A8E75GD;F;7E399D793F;@9-?;>>;A@I7D7E79D793F76;@E7B3D3F7 355AG@FE7J5>GE;H7>K8ADF:747@78;FA85GEFA?7DE E 3 8GFGD7E 5A??;EE;A@ ?7D5:3@F F:7 A?B3@K ;E D7CG;D76 FA B7D8AD? 5A?BGF3F;A@E A8 F:7 D7CG;D7?7@FEA8+75F;A@6G@67DF:7A??A6;FKJ5:3@975FEA8757?47D -?;>>;A@ A853E:I3EE79D793F76;@3E7B3D3F7355AG@F7J5>GE;H7>K8ADF:747@78;FA85>73D76EI3BE5GEFA?7DE {52}------------------------------------------------ ### **%3,=0,>0/:8;09>,?4:9,9/!?30=09014?>** ,:7A?B3@KB3DF;5;B3F7E;@F:7+:3D7(>3@,:7+:3D7(>3@BDAH;67E8ADE:3D73I3D6EFA479D3@F76 FA57DF3;@7?B>AK77E43E76A@F:7 83;D?3D=7FH3>G7A8+E:3D7E3FF:7F;?7A89D3@F3@66;E5AG@F76 8AD 7JB75F76 6;H;67@6E I:7D7 3BB>;534>7 ,:7 ?3G67 F:7 D;9:F FA D757;H7 6;H;67@67CG;H3>7@FEA@H7EF76E:3D7E ### **%3,=0B,=/>** ### **"3,9?:8%3,=0B,=/>** (:3@FA?+:3D73I3D6E9D3@F76;@74DG3DK 3D7E;?;>3DFAF:AE79D3@F76;@74DG3DK 35: E:3D73I3D69D3@F767@F;F>7EF:7:A>67DA8F:73I3D6FAD757;H7A@7+E:3D7 EG4<75FFAE7DH;575A@6;F;A@E +:3D7 3I3D6E H7EF AH7D F:D77 K73DE I;F: A@7 F:;D6 A8 F:7 E:3D7 3I3D6E H7EF;@9 A@ 735: A8 F:7 F:D77 3@@;H7DE3D;7EA8F:79D3@F63F7D3F34>7H7EF;@9 I;F:F:77J57BF;A@A83I3D6E9D3@F76FA;@6;H;6G3>E5>3EE;8;76 3E?3F7D;3>D;E=F3=7DE%\*,E \*;E=%3@397D%3F7D;3>\*;E=,3=7DE%\*,EAD+7@;AD%3@397DEAD7CG;H3>7@FE G@67DF:7- AD-#3B;F3>\*7CG;D7?7@FE;D75F;H7. D7>3F76 BDAH;E;A@E+:3D7 3I3D6E9D3@F76FA%\*,E H7EFAH7D8AGDK73DEI;F:A@7CG3DF7DA8F:73I3D6H7EF;@9A@735:A8F:78AGD3@@;H7DE3D;7EA8F:79D3@F63F7 +:3D73I3D6E9D3@F76FA\*;E=%3@397D%\*,EH7EFAH7D8;H7K73DEI;F:A@78;8F:A8F:73I3D6H7EF;@9A@735: A8F:7 8;H73@@;H7DE3D;7EA8F:79D3@F63F7+:3D73I3D6E9D3@F76FA+7@;AD%3@397DEH7EFAH7D E7H7@K73DE I;F: A@7 8;8F: A8F:7 3I3D6 H7EF;@9 A@ 735: A8F:7F:;D6FA E7H7@F: 3@@;H7DE3D;7E A8F:7 9D3@F 63F7 +:3D7 3I3D6E3D77JB7@E76AH7DF:7E7DH;57B7D;A6A8F:73I3D6E,:7H3>G7A8F:7E:3D7E;EEA>7>K67B7@67@FA@F:7 +E:3D7BD;573FF;?7A867>;H7DK ,:7A?B3@KPEE:3D73I3D6E;@5>G67AF:7D3I3D6E EG5:3E4>A5=76E:3D7E3@6EB75;3>3I3D6E I:;5: ?3K479D3@F76FA@7I7?B>AK77E,:7E7E:3D73I3D6E7@F;F>7F:7:A>67DFAD757;H7A@7+E:3D73@63D7 97@7D3>>K EG4<75F FA 5A@F;@G76 7?B>AK?7@F 5A@F3;@ D7EFD;5F;H7 5AH7@3@FE 3@6 53@57>>3F;A@ BDAH;E;A@E 3@6 97@7D3>>KH7EF47FI77@L7DA3@68;H7K73DE ### **"0=1:=8,9.0%3,=0B,=/>** 7DF3;@ 7?B>AK77E D757;H76 3 BADF;A@ A8 F:7;D 6787DD76 H3D;34>7 5A?B7@E3F;A@ ;@ F:7 8AD? A8 B7D8AD?3@57 E:3D7 3I3D6E (+E (+E 3D7 E;?;>3D FA E:3D7 3I3D6E 7J57BF F:3F F:7 8G>> 43>3@57 A8 AGFEF3@6;@9B7D8AD?3@57 E:3D73I3D6E ;@5>G6;@9F:AE73I3D676;@BD;ADK73DE 3D7 EG4<75FFAB7D8AD?3@57 43E76?3>GEBDAH;E;A@E (7D8AD?3@57E:3D73I3D6E3D7EG4<75FFA36AI@I3D636>AEE4K F:76;H;E;A@;@I:;5:F:77?B>AK77EIAD=763EA8757?47D AD3@793F;H7+D7FGD@A@7CG;FK I:;5:7H7D D7EG>FE ;@ 3 >3D97D 36AK77E ;@ ADBAD3F7 G@5F;A@E 3@6F:7EE7F \*7EA>GF;A@ -@;F F:76AI@I3D636K3BB>;7E;@F:77H7@FA83@793F;H7+\*'3@6;E@AF>;@=76FAF:7 B7D8AD?3@57A8F:76;H;E;A@E,:743E;E8ADF:7\*'53>5G>3F;A@?3KH3DK8DA?K73DFAK73D 67B7@6;@9A@ F:7+A?B7@E3F;A@A??;FF77PE67F7D?;@3F;A@8ADF:7K73D;@I:;5:F:7B7D8AD?3@57E:3D7E3D79D3@F76 6AI@I3D6 36;76FA AGFEF3@6;@9 B7D8AD?3@57 E:3D7 3I3D6E D78>75F;@9F:7 @793F;H7+\*A3@68G>>K73D6;H;E;A@3>>AEE;@F:7!@H7EF?7@F3@=8AD {53}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| @8-0=:1>3,=0,B,=/> | | | | | |--------------------|------------------|-------|--|--| | "3,9?:8 | "% | %" | | | | 984774:9> | | | | | | |
|
N | | | | |
| | | | | | | N | | | | | | | | | | |
|
| | | | |



|
| | | !@5>G67E6AI@I3D636;76FAAGFEF3@6;@9B7D8AD?3@57E:3D73I3D6E **++++++++++++++++++++++++++** ,:7 I7;9:F76 3H7D397 83;D H3>G7 A8 F:7 (:3@FA? +:3D7 3I3D6E 9D3@F76 6GD;@9 F:7 K73D 7@676 757?47D I3E-,:7I7;9:F76 3H7D39783;DH3>G7A8(+E:3D73I3D6E9D3@F766GD;@9F:7K73D 7@676757?47D I3E-,:7I7;9:F76 3H7D397 83;DH3>G7A8+(E:3D73I3D6E9D3@F766GD;@9 F:7K73D7@676757?47D I3E- {54}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{55}------------------------------------------------ ### **%3,=0,>0/:8;09>,?4:9,9/!?30=09014?>** # **';1=:9?,>3B,=/>** GD;@9 3@6 57DF3;@?3@39;@96;D75FADE3@66;D75FADEA8F:7A?B3@KI7D79D3@F76 GB8DA@F53E:3I3D6E-E3B3DFA8F:753E:5A?BA@7@FA8F:7;DH3D;34>75A?B7@E3F;A@,:7E73I3D6E3D7 EG4<75FFAD7B3K?7@F5>3I435=4KF:77?B>AK77;@F:77H7@FA8HA>G@F3DKD7E;9@3F;A@ F7D?;@3F;A@8AD53GE7 AD;@5A@@75F;A@I;F:AF:7DEB75;8;767H7@FEAD5A@6;F;A@EI;F:;@F:D77K73DEA8F:73I3D69D3@F,:73?AG@F EG4<75FFAD7B3K?7@F;ED76G576;@7CG3>?A@F:>K;@EF3>>?7@FE6GD;@9F:7F:D77 K73DB7D;A68A>>AI;@9F:79D3@F 63F7,:77JB7@E7D75A9@;F;A@I;>>A55GDAH7DF:7F:D77 K73DH7EF;@9B7D;A6EG4<75FFAE7DH;575A@6;F;A@E ## **!?30=,>3B,=/>** ;J76787DD763E:>>AI3@57I3D6EI7D79D3@F76;@ 3@6 I:;5:I;>>477JB7@E76 AH7D3B7D;A6A8F:D77K73DE8DA?F:79D3@F63F7 787DD76 53E: D7F7@F;A@ 3I3D6E I7D7 9D3@F76 6GD;@9 3@6 ,:7E7 3I3D6E 3D7 7JB7@E76AH7DF:73BB>;534>7H7EF;@9B7D;A68DA?F:79D3@F63F7 ### **8;7:D0009014?"7,9>** ,:7 A?B3@K BDAH;67E D7F;D7?7@F 3@6 BAEF D7F;D7?7@F 47@78;FE FA ;FE -+ 3@6 57DF3;@ @A@ -+ 7?B>AK77E F:DAG9: B3DF;5;B3F;A@ ;@ 3 678;@76 47@78;F B7@E;A@ B>3@ 3 678;@76 5A@FD;4GF;A@ E3H;@9E 3@6 D7F;D7?7@F B>3@ 3@6 AF:7D B>3@E ,:7 A?B3@K D75AD6E F:7 >;34;>;FK 8AD ;FE 678;@76 47@78;F B7@E;A@ B>3@ 678;@765A@FD;4GF;A@E3H;@9E3@6 D7F;D7?7@FB>3@3@6AF:7DB>3@EI;F:;@AF:7D>;34;>;F;7E;@F:75A@EA>;63F76 EF3F7?7@FA88;@3@5;3>5A@6;F;A@ ## **"09>4:9"7,9>** ,:7A?B3@K B3DF;5;B3F7E;@ 3 @A@ 5A@FD;4GFADK 678;@76 47@78;FB7@E;A@ B>3@F:7)G3>;8;76 (>3@ 3H3;>34>7 FA ;@6;H;6G3>E 7?B>AK76 478AD7 "3@G3DK 8875F;H7 "3@G3DK 5A?B7@E3F;A@ 3@6 5D76;F76E7DH;57 8AD47@78;FBGDBAE7EI7D7 8DAL7@ 8AD57DF3;@B3DF;5;B3@FE?B>AK77EI:A@A>A@97D355DG7 47@78;FE;@F:7)G3>;8;76(>3@B3DF;5;B3F7;@3 E3H;@9E3@6 D7F;D7?7@FB>3@ E;?;>3DFA7?B>AK77E:;D76A@AD 38F7D"3@G3DK +3BB>;7EEBA@EAD355AG@F;@98AD355AG@F;@93@6D7BADF;@98AD678;@7647@78;FB7@E;A@B>3@E,:7 A?B3@K3@6AF:7D+7@F;F;7EB3DF;5;B3F7;@3@65A@FD;4GF7FAF:7 E3?7B>3@3@6F:73EE7FE:7>64KF:7 B>3@ 3D7 @AF D7EFD;5F76 AD E79D793F76 3@6 53@ 47 GE76 FA BDAH;67 47@78;FE FA 7?B>AK77E A8 3@K A8 F:7 B3DF;5;B3F;@9+7@F;F;7E,:7A?B3@K:3E477@67E;9@3F76FA47F:7EBA@EADA8F:7B>3@3@6D75AD6E3>> >;34;>;F;7E 3@6 7JB7@E7E 3@6 3>>A53F7E 3 BADF;A@ A8 F:7 7JB7@E7E FA 388;>;3F7E 8AD 7?B>AK77E AGFE;67 F:7 A?B3@K {56}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| | | #@,74140/ | %@;;70809?,7,9/
!?30= | | | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------|-----------|--------------------------|--|--| | | 984774:9> | | | | | | 55DG7647@78;F3EE7F >;34;>;FK





























































|
| | | | | | 55G?G>3F76AF:7D5A?BD7:7@E;H7>AEE











































| | | | | | \*7BD7E7@FEBD7 F3J3?AG@FED75A9@;L76;@355G?G>3F76AF:7D5A?BD7:7@E;H7>AEEI;F:;@F:75A@EA>;63F76EF3F7?7@FA88;@3@5;3> 5A@6;F;A@ {57}------------------------------------------------ ### **8;7:D0009014?"7,9>** ### **09014?!-742,?4:9,9/"7,9>>0?>** ,:7 8A>>AI;@9F34>7 D75A@5;>7EF:75:3@97E;@F:7BDA<75F7647@78;FA4>;93F;A@3@6F:7 83;DH3>G7A8 F:7B>3@3EE7FE8ADF:7)G3>;8;76(>3@ F:7+GBB>7?7@F3>(>3@3@6F:7'F:7D(>3@E?AG@FEE:AI@3D73EA8 F:7?73EGD7?7@F63F7 I:;5:;E757?47D | | #@,74140/ | | %@;;70809?,7,9/
!?30= | | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------|-----------|--------------------------|--| | 3,9204909014?!-742,?4:9 | | 984774:9> | | | |


























(DA<75F7647@78;FA4>;93F;A@3EA8479;@@;@9A8B7D;A6 |


|
| | | | !@F7D7EF5AEF
























































































|


| | | | | +7FF>7?7@FE


























































































|

| | | | | 5FG3D;3>93;@ >AEE












































































|


| | | | | 7@78;FEB3;6























































































|


| | | | | (DA<75F7647@78;FA4>;93F;A@3EA87@6A8B7D;A6


































|



|
| | | | 3,92049"7,9>>0?> | | | | | | 3;DH3>G7A83EE7FE3EA8F:7479;@@;@9A8B7D;A6
































|



|
| N | | | 5FG3>D7FGD@A@B>3@3EE7FE

































































|

| | N | | | +7FF>7?7@FE


























































































|

| | | | | A?B3@K5A@FD;4GF;A@E







































































|

N | | | | | 7@78;FEB3;6























































































|


| | | | |











































3;DH3>G7A83EE7FE3EA8F:77@6A8B7D;A6 |


|
| N | | ,:7D7?73EGD7?7@F93;@EA@F:7)G3>;8;76(>3@D75AD6763EA8757?47D 5A@E;EF76A893;@E A@F:747@78;FA4>;93F;A@A8-?;>>;A@6G7FA5:3@97E;@8;@3@5;3>3@667?A9D3B:;53EEG?BF;A@E BD;?3D;>K F:76;E5AG@FD3F7 I:;5:I7D7B3DF>KA88E7F4K>AEE7EA@F:73EE7FBADF8A>;AA8-?;>>;A@,:7E7FF>7?7@FEA@ F:7)G3>;8;76(>3@5A@E;EF76A8D79G>3D>G?BEG?B3K?7@FEAGFA8F:7B>3@ {58}------------------------------------------------ ### **8;7:D0009014?"7,9>** **++++++++++++++++++++++++++** # **>>@8;?4:9>'>0/490?0=849492:>?>,9/!-742,?4:9>** ,:78A>>AI;@9F34>7BD7E7@FEF:73EEG?BF;A@EGE76;@67F7D?;@;@9F:7@7FB7D;A6;547@78;F5AEFE8AD F:7)G3>;8;76(>3@ F:7+GBB>7?7@F3>(>3@3@6F:7'F:7D(>3@E8ADF:7K73D7@676757?47D | | #@,74140/"7,9 | %@;;70809?,7"7,9,9/
!?30="7,9> | | | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------|-----------------------------------|--|--| | :=?30D0,=09/0/0.08-0=
| | | | | | ;E5AG@FD3F7











































































| | | | | | *3F7A85A?B7@E3F;A@;@5D73E7

















































| | N | | | | JB75F76D3F7A8D7FGD@




























































| | & | | | ,:7 3EEG?BF;A@E GE76 ;@ 67F7D?;@;@9 F:7 BDA<75F76 47@78;F A4>;93F;A@ 8AD F:7 )G3>;8;76 (>3@ 3@6 +GBB>7?7@F3>(>3@3@6F:7BDA<75F76:73>F: 53D7BAEFD7F;D7?7@F47@78;FA4>;93F;A@8ADF:7'F:7D(>3@E3EA8 757?47D I7D7 | | #@,74140/"7,9 | %@;;70809?,7"7,9,9/
!?30="7,9> | | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------|-----------------------------------|--| | "=:50.?0/-09014?:-742,?4:9 | | | | | ;E5AG@FD3F7






































































| | | | | *3F7A85A?B7@E3F;A@;@5D73E7

















































| | N | | ;E5AG@FD3F7A@F:7BDA<75F76:73>F: 53D7BAEFD7F;D7?7@F47@78;FA4>;93F;A@8ADF:7'F:7D(>3@E;@5>G676;@+GBB>7?7@F3>3@6 'F:7D;E ,:73EEG?BF;A@EGE76FA67F7D?;@7F:747@78;FA4>;93F;A@3EA8F:7?73EGD7?7@F63F73D73>EAGE76 FA53>5G>3F7F:7@7FB7D;A6;5B7@E;A@5AEF8ADF:7 ?A@F:B7D;A68A>>AI;@9F:;E63F7,:76;E5AG@FD3F7;E A@7A8F:7835FADEGE76FA67F7D?;@7F:7BD7E7@FH3>G73EA8F:7?73EGD7?7@F63F7A8F:78GFGD753E:AGF8>AIE 5GDD7@F>K7JB75F76FA47D7CG;D76FAE3F;E8KF:747@78;FA4>;93F;A@EI:7@6G7AD6;E5AG@F;@97JB75F768GFGD7 53E:8>AIEI:7@H3>G;@9(' F:7A?B3@KGE7EF:7QEBAFD3F73BBDA35:RI:7D7;@6;H;6G3>EBAFD3F7EA@F:7 K;7>65GDH73D73BB>;76FA735:K73DPE8GFGD753E:8>AIE;@?73EGD;@9F:7B>3@PE47@78;FA4>;93F;A@ 3@68GFGD7 ;@F7D7EF5AEFE,:73EEG?BF;A@B7DF3;@;@9FAE3>3DK;@5D73E7E;EGE76FA53>5G>3F7F:7(' I:;5:;E?73EGD76 GE;@93@3EEG?BF;A@3EFA8GFGD75A?B7@E3F;A@>7H7>E {59}------------------------------------------------ ### **8;7:D0009014?"7,9>** ,:7 7JB75F76 >A@9 F7D? D3F7 A8 D7FGD@ A@ B>3@ 3EE7FE 3D7 43E76 A@ >A@9 F7D? 7JB75F76 D7FGD@E ;@8>3F;A@ ;@F7D7EFD3F7E D;E=BD7?;G?E3@635FG3> F3D97F763EE7F53F79ADK3>>A53F;A@E,:77EF;?3F7EF3=7;@FA 5A@E;67D3F;A@:;EFAD;53>3EE7F53F79ADKD7FGD@E !@ 67F7D?;@;@9F:7 355G?G>3F76 BAEFD7F;D7?7@F :73>F: 53D7 47@78;F A4>;93F;A@ 3@6F:7 @7F B7D;A6;5 BAEFD7F;D7?7@F5AEFE8AD F:7A?B3@K3EEG?76F:78A>>AI;@9 | | "=0
\$0?4=00> | ":>?
\$0?4=00> | 0/4.,=0
",=? | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------|-------------------|-----------------| | !-742,?4:9>>@80/0,7?3,=0&=09/\$,?0>,?0.08-0=
| | | | | 53D7FD7@6D3F7







































































!@;F;3>:73>F: | | | & | | 53D7FD7@6D3F7



































































->F;?3F7:73>F: | | | & | | ->F;?3F7FD7@67JB75F76FA4735:;7H76





















































| | | | | :>?>>@80/0,7?3,=0&=09/\$,?0>1:=?30D0,=09/0/
0.08-0=
| | | | | !@;F;3>:73>F:
53D7FD7@6D3F7






































































| | | & | | ->F;?3F7:73>F:
53D7FD7@6D3F7


































































| | | & | | ->F;?3F7FD7@67JB75F76FA4735:;7H76





















































| | | | ### **9A0>?809?>** ,:7;@H7EF?7@FBA>;5;7E3@6EFD3F79;7EA8F:7)G3>;8;76(>3@3D767F7D?;@764K35A??;FF77?367GB A8F:7A?B3@KPEE7@;AD?3@397?7@F,:7BA>;5K;E43E76A@>A@9 F7D?9A3>E3@6;EF:7D78AD7@AF8D7CG7@F>K D7H;E76 ,:7 ;@H7EF?7@F 9A3> ;E FA 5D73F7 3@ 3EE7F ?;J F:3F ;E 367CG3F7 8AD 8GFGD7 47@78;F A4>;93F;A@E 3@6 ?;@;?;L7E;@F7D7EFD3F7D;E=,:;E;E6A@74K;@H7EF;@9?AEF>K;@8;J76;@5A?7E75GD;F;7EI;F:3?3FGD;FKBDA8;>7 E;?;>3DFAF:3FA8F:7B7@E;A@B>3@PE7JB75F768GFGD753E:8>AIE+7@;AD?3@397?7@FD79G>3D>K?A@;FADE35FG3> 3>>A53F;A@ 5A?B3D76 FA F:7 BA>;5K ,:7 5GDD7@F 3EE7F 3>>A53F;A@ 9A3> ;E FA 35:;7H7 3@ 3EE7F ?;J A8 3BBDAJ;?3F7>K;@7CG;F;7E ;@8;J76;@5A?7E75GD;F;7E3@6;@53E: ,:7 8A>>AI;@9 F34>7 BD7E7@FE F:7 B7D57@F397 A8 F:7 83;D H3>G7 A8 F:7 )G3>;8;76 (>3@ 3EE7FE 3E A8 757?47D 4KFKB7A83EE7F | 0.08-0=
| #@,74140/"7,9 | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------| | >>0?77:.,?4:9 | | | CG;FKE75GD;F;7E










































































































| | |
































































































;J76;@5A?7E75GD;F;7E | | | 3E:




























































































































| | | ,AF3>
























































































































| | {60}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| #@,74140/"7,9>>0?>0,>@=0/,?,4=(,7@0 | | | | | |-------------------------------------|--|--|--|--| |-------------------------------------|--|--|--|--| | 0.08-0=
| 0A07 | 0A07 | 0A07 | ( | &:?,7,?1,4=
A,7@0 | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------|----------|-----------|----------|----------------------| | >>0?> | | | 984774:9> | | | | 3E:3@653E:7CG;H3>7@FE






























|
N |
|
N |
N |
| |





























































CG;FK |
N |
|
N |
|
| | ;J76;@5A?7E75GD;F;7E


































|
N |
|
N |
|
| |
&:?,7#@,74140/"7,9,>>0?>,?1,4=A,7@0 |

N |

|

N |

|

| ## **#@,74?,?4A04>.7:>@=0>:1(,7@,?4:9&0.394<@0>** 3E: 3@6 53E: 7CG;H3>7@FE ;@5>G67 5A??;@9>76 8G@6E 8ADI:;5: 83;D H3>G7 ;E 67F7D?;@76 43E76 A@ ;@BGFEAF:7DF:3@>7H7>CGAF76BD;57E CG;F;7E;@5>G67E:3D7EA8E7B3D3F7>K?3@39768G@6E,:77CG;FKE75GD;F;7E3D743E76A@CGAF76BD;57E AD AF:7D ;@BGFE F:3F 3D7 A4E7DH34>7 6;D75F>K AD ;@6;D75F>K +:3D7E A8 ?3@3976 8G@6E I:;5: 3D7 @AF 6;D75F>K CGAF76A@3BG4>;5EFA5=7J5:3@973@6 AD8ADI:;5:383;DH3>G7;E@AFD736;>K67F7D?;@34>7 3D7?73EGD763F 83;DH3>G7GE;@9&. ;J76;@5A?7E75GD;F;7E;@5>G67;@H7EF?7@FE;@E7B3D3F7>K?3@39768G@6E3@643E76A@CGAF76BD;57E F:3F3D7A4E7DH34>76;D75F>KAD;@6;D75F>K+:3D7EA8?3@39768G@6EI:;5:3D7@AF6;D75F>KCGAF76A@3BG4>;5 EFA5= 7J5:3@97 3@6 AD 8ADI:;5: 3 83;D H3>G7 ;E @AF D736;>K 67F7D?;@34>7 3D7?73EGD76 3F 83;D H3>G7 GE;@9 &. {61}------------------------------------------------ ### **8;7:D0009014?"7,9>** ## **>?48,?0/@?@=009014?",D809?>** ,:7 7EF;?3F76 8GFGD7 47@78;F B3K?7@FE 7JB75F76 FA 47 ?367 4K F:7 )G3>;8;76 (>3@ +GBB>7?7@F3> (>3@3@6'F:7D(>3@E3D73E8A>>AIE | | #@,74140/ | %@;;70809?,7,9/
!?30= | | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------|--------------------------|--| | | 984774:9> | | | |


































































































| |
| | |


































































































| |
| | |


































































































| |
| | |


































































































| |
| | |


































































































| |
| | |















































































173DE
| |
| | ### **9.:80&,C0>** ,:7A?B3@K;E;@5>G676;@F:75A@EA>;63F768767D3>3@657DF3;@EF3F73@6>A53>;@5A?7F3J+\$, D7FGD@E 8;>76 4K + A>6;@9E + A>6;@9E 3>>A53F7E 8767D3> ;@5A?7F3J 3@6 +\$,FA ;FE EG4E;6;3D;7E A@ 3 ?A6;8;76E7B3D3F75A?B3@K43E;E BGDEG3@FFA3F3JE:3D;@93DD3@97?7@F EA8757?47D F:7D7I3E-?;>>;A@A8G@D75A9@;L76F3J47@78;FD75AD676,:7D7I3E@A 5:3@97 ;@ F:7 A?B3@KPE G@D75A9@;L76 F3J 47@78;F 6GD;@9 F:7 K73D 7@676 757?47D ,:7 FAF3> 3?AG@FA8G@D75A9@;L76F3J47@78;FEF:3F ;8D75A9@;L76 IAG>638875FF:778875F;H7F3JD3F7;E-?;>>;A@ ,:7A?B3@K ;E 5GDD7@F>K EG4<75FFA A@9A;@9F3J 3G6;FE 3@6 ;@CG;D;7EI;F:F:7F3J 3GF:AD;F;7E ;@ 3 @G?47DA8F:AG9:F:7F;?;@9A8F:75A?B>7F;A@A8F:7E73G6;FE;EG@57DF3;@ ;F;ED73EA@34>K BAEE;4>7 F:3F EA?7 A8 F:7E7 3G6;FE 3@6 ;@CG;D;7E I;>> 47 D7EA>H76 I;F:;@ F:7 @7JF FI7>H7 ?A@F:E ,:7 A?B3@K ;E 5GDD7@F>K EG4<75F FA 7J3?;@3F;A@ 4K F:7 !@F7D@3> \*7H7@G7 +7DH;57 8AD F:7 F3J K73DE 3@6 8ADI3D6 &7I1AD=+F3F78ADF:7F3JK73DE 3@68ADI3D6 3@6&7I1AD=;FK8ADF:7F3JK73DE 3@6 8ADI3D6 ,:7 A?B3@K 6A7E @AF 3@F;5;B3F7 3@K ?3F7D;3> 5:3@97E FA ;FE 8;@3@5;3> EF3F7?7@FE 6G7 FA 3G6;F E7FF>7?7@FE {62}------------------------------------------------ ### **9.:80&,C0>** 787DD76F3J 3EE7FE, 3@6 6787DD76F3J>;34;>;F;7E,\$ 3D797@7D3F76 4KF:7 8A>>AI;@9F7?BAD3DK 6;887D7@57E | | 984774:9> | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------| | 787DD76F3J3EE7FE | | | ;@3@5;3>;@EFDG?7@FE






























































































|

| |






































































'F:7D>;34;>;F;7E3@6355DG767JB7@E7E |
| | A?B7@E3F;A@3@647@78;FE





















































































|
| |




















































































































(7@E;A@ |
| |















































































&7FAB7D3F;@9>AEE53DDK8ADI3D6 |
| | .3>G3F;A@3>>AI3@57A@,


















































































|
| | ,AF3>6787DD76F3J3EE7FE





















































































|
| | 787DD76F3J>;34;>;F;7E | | | ;@3@5;3>;@EFDG?7@FE






























































































|
| |






































































'F:7D>;34;>;F;7E3@6355DG767JB7@E7E |
| | A?B7@E3F;A@3@647@78;FE




















































































|
| |

















































































,AF3>6787DD76F3J>;34;>;F;7E |
| | &7F6787DD76F3J3EE7F


































































































|

N | ,:7@7F8767D3>3@6+\$,F3J7EB3K34>73EA8757?47D I3E-?;>>;A@3@6;E;@5>G676;@ AF:7D>;34;>;F;7E;@F:75A@EA>;63F76EF3F7?7@FA88;@3@5;3>5A@6;F;A@ 3E76A@3@F;5;B3F768GFGD7F3J34>7;@5A?7 F:7A?B3@K:3ED75AD6763H3>G3F;A@3>>AI3@578ADF:7 D7?3;@;@96787DD76F3J3EE7FEA8-?;>>;A@ 3E?3@397?7@F47>;7H7EF:3FF:7@7F6787DD76F3J3EE7FE3EA8 757?47D I;>>@AF47D73>;L763D7A@3?AD7>;=7>KF:3@@AF43E;E 8875F;H7 "3@G3DK -+F3J D78AD?;@FDA6G576F:743E77DAE;A@3@63@F; 34GE7F3J, ,:7,;E4DA36>K>7H;76A@-+F3J676G5F;A@E5D73F764K43E77DAE;A@B3K?7@FE4K3-+F3JB3K7D 79 8AD;@F7D7EF3@6E7DH;57E FA;FE@A@ -+388;>;3F765A?B3@;7E,:7,;EB3K34>7FAF:77JF7@FF:3FF:7F3J 53>5G>3F;A@43E76A@?A6;8;76F3J34>7;@5A?77J5776EF:7F3J43E76A@AD6;@3DK8767D3>F3J34>7;@5A?7I;F: 36KE;E A8 F:7 8;@3> , D79G>3F;A@E ;EEG76 4K F:7 -+ 7B3DF?7@F A8 ,D73EGDK ;@ 757?47D ?3@397?7@F5A@5>G676F:3F+ A>6;@9EI3E@AFEG4<75FFAF:7,8ADF:7 3@6 F3JK73DE AI7H7D + A>6;@9E:3E4AA=763D7E7DH78AD3@G@57DF3;@F3JBAE;F;A@8ADF:7, >;34;>;FK 8AD 3@6 F3J K73DE 3@6+ A>6;@9E 3>>A53F76F:7G@57DF3;@F3J>;34;>;FK 8AD,FA;FE EG4E;6;3D;7E43E76A@F:7EG4E;6;3DKPED7>3F;H75A@FD;4GF;A@A843E77DAE;A@B3K?7@FEFAF:7,EEG5: F:7 A?B3@K I3E 3>>A53F76 - ?;>>;A@ 8AD - ?;>>;A@ 8AD 3@6 - ?;>>;A@ 8AD A8 G@57DF3;@F3JBAE;F;A@D7>3F76FAF:7,>;34;>;FK {63}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{64}------------------------------------------------ ### **02,7"=:.00/492>** 8F7DF3=;@9;@FA355AG@F;FE>;F;93F;A@BDAH;E;A@E F:7A?B3@K47>;7H7E 43E76A@5GDD7@F>K3H3;>34>7 ;@8AD?3F;A@3@636H;57A85AG@E7> F:3FF:7D7EG>FEA8;FE>793>BDA5776;@9E ;@F:7399D793F7 I;>>@AF:3H73 ?3F7D;3>36H7DE778875FA@F:7A?B3@KPE8;@3@5;3>5A@6;F;A@ AI7H7D ;@>;9:FA8F:7;@:7D7@FG@57DF3;@F;7E A8EG5:BDA5776;@9E ;@5>G6;@9F:AE74DAG9:F4K D79G>3FADEADAF:7D9AH7D@?7@F3>3GF:AD;F;7E F:7G>F;?3F7 5AEFFAF:7A?B3@KA8D7EA>H;@9EG5:BDA5776;@9E?3K7J57765GDD7@F>;F;93F;A@BDAH;E;A@E3@63@K7J57EE ?3K 47 ?3F7D;3> FA ;FE AB7D3F;@9 D7EG>FE 8AD 3@K B3DF;5G>3D B7D;A6 67B7@6;@9 ;@ B3DF GBA@ F:7 AB7D3F;@9 D7EG>FE8ADEG5:B7D;A6 *&)+-#+ ++)\** .3D;AGE 8;@3@5;3> ;@EF;FGF;A@E ;@5>G6;@9 F:7 A?B3@K 3@6 57DF3;@ A8 ;FE 388;>;3F7E :3H7 D757;H76 D7CG7EFE 8AD;@8AD?3F;A@ 8DA? 3@6 AD:3H7477@6787@6;@95;H;>35F;A@E4K 57DF3;@ D79G>3FADE3@6 AD9AH7D@?7@F7@F;F;7E ;@5>G6;@9F:7-+7B3DF?7@FA8"GEF;57'"3@6AF:7D?7?47DEA8 F:7\*7E;67@F;3>%ADF9397 35=76+75GD;F;7E\*%+/AD=;@9DAGBA8F:7-+;@3@5;3>D3G6@8AD57?7@F ,3E=AD57 D793D6;@9F:7 AD;9;@3F;A@ BGD5:3E7 E75GD;F;L3F;A@ E7DH;5;@9 3@6FD36;@9 A8 EG4BD;?7 3@6 @A@ EG4BD;?7 D7E;67@F;3> 3@6 5A??7D5;3> ?ADF9397E 3@6 D7>3F76 ;EEG7E ,:7 A?B3@K 3@6 ;FE 388;>;3F7E 3D7 5AAB7D3F;@9I;F:EG5:D7CG7EFE8AD;@8AD?3F;A@ E BD7H;AGE>K 6;E5>AE76 A@ "3@G3DK F:7 A?B3@K 3@6 ;FE 5GDD7@F 3@6 8AD?7D -+ EG4E;6;3D;7E 3@6 -+ 388;>;3F7E D735:76 3 E7FF>7?7@F I;F: F:7 '" D7>3F76 FA ;FE >7935K \*%+ 4GE;@7EE 3 4GE;@7EE5A@6G5F76F:DAG9: ,:7E7FF>7?7@FD7EA>H76BAF7@F;3>5;H;>5>3;?E4KF:7'"D7>3F76FA57DF3;@ A8F:AE7D76;F+G;EE77@F;F;7EPB35=39;@9 ?3D=7F;@9 EFDG5FGD;@9 3DD3@97?7@F G@67DID;F;@9 ;EEG3@573@6E3>7 A8\*%+(GDEG3@FFAF:7F7D?EA8F:7E7FF>7?7@F35;H;>?A@7F3DKB7@3>FKI3EB3;6FAF:7'";@"3@G3DK ,:7E7FF>7?7@F3>EAD7CG;D76F:734AH7 ?7@F;A@767@F;F;7EFABDAH;6757DF3;@>7H7>EA85A@EG?7DD7>;78 ?73EGD7E ;@5>G6;@9388AD634>7:AGE;@9B3K?7@FE3@6>A3@8AD9;H7@7EE 3@6F:7'"3@6D76;F+G;EE739D776 FA F:7 3BBA;@F?7@F A8 3@ ;@67B7@67@F ?A@;FAD FA AH7DE77 F:7 5A?B>7F;A@ A8 F:7 5A@EG?7D D7>;78 D7CG;D7?7@FE A8 F:7 E7FF>7?7@F D76;F +G;EE7 5A@F;@G7E FA 7H3>G3F7 ;FE 3BBDA35: FAI3D6 E3F;E8K;@9 ;FE D7?3;@;@9 5A@EG?7D D7>;78 A4>;93F;A@E ;@ >;9:F A8 ;FE 4GE;@7EE D73EE7EE?7@F 3@6 3@F;5;B3F76 D7>3F76 FD3@E35F;A@E 3@6 D76;F +G;EE7 5GDD7@F>K 3@F;5;B3F7EF:3F ;FI;>>F3=7 ?G5: >A@97DF:3@F:7 8;H7 K73D B7D;A6 BDAH;676;@F:7E7FF>7?7@FFAE3F;E8K;@ 8G>>;FEA4>;93F;A@E;@ D7EB75FA8F:7E75A@EG?7D D7>;78?73EGD7E3@6 F:3F;F?3KA@>K5A?B>7F7F:7?4K AD>3F7D EG4<75FFA?3D=7F5A@6;F;A@E3@6F:7DAGBPED;E=3BB7F;F7 D76;F+G;EE77JB75FEFA;@5GD5AEFE;@D7>3F;A@FAE3F;E8K;@9F:AE7A4>;93F;A@E,:73?AG@FA85A@EG?7DD7>;78 D76;F+G;EE7?GEFBDAH;673>EA;@5D73E7E38F7D BGDEG3@FFAF:7AD;9;@3>E7FF>7?7@F4KB7D3@@G?A8 F:7AGFEF3@6;@93?AG@F6G7G@F;>F:7E7A4>;93F;A@E3D7E7FF>76,:7?A@;FADBG4>;E:7ED7BADFEB7D;A6;53>>KA@ F:7E75A@EG?7DD7>;78?3FF7DE '@757?47D F:7&7I "7DE7KFFAD@7K7@7D3>&" A@47:3>8A8F:7+F3F7A8&7I "7DE7K 8;>7635;H;>35F;A@;@F:7+GB7D;ADAGDFA8&7I "7DE7K :3@57DK;H;E;A@ %7D57DAG@FK+&" 393;@EFF:7A?B3@K3@6388;>;3F767@F;F;7E;@F:7;DDA>7E3E;EEG7D EBA@EAD 67BAE;FAD3@6 ADG@67DID;F7DA8 \*%+ FD3@E35F;A@E BD;AD FA ,:7 5A?B>3;@F I:;5: D787D7@576 3BBDAJ;?3F7>K - 4;>>;A@ A8 AD;9;@3> G@B3;6 BD;@5;B3> 43>3@57 35DAEE \*%+ ;EEG76 EBA@EAD76 67BAE;F76 3@6 G@67DID;FF7@ 4KF:7 A?B3@K 3@6;FE388;>;3F7E;@ 3@6 3>>7976F:3FF:7A?B3@K3@6;FE388;>;3F7E?;E>76;@H7EFADE3@67@93976;@ 8D3G6 AD 6757;F ;@ 5A@@75F;A@ I;F: F:7 A887D 3@6 E3>7 A8 \*%+ 3@6 EAG9:F 3@ G@EB75;8;76 3?AG@F A8 63?397E'@'5FA47D 8A>>AI;@93E7FF>7?7@F;@F:73?AG@FA8-?;>>;A@ 8ADI:;5:D76;F+G;EE7 I3E8G>>KD7E7DH76 F:7+&"6;E?;EE76I;F:BD7>5>3;?E393;@EFF:7A?B3@K3@6388;>;3F767@F;F;7E {65}------------------------------------------------ ### **02,7"=:.00/492>** ,:7 A?B3@K 3@6 AD 57DF3;@ A8 ;FE 388;>;3F7E :3H7 3>EA 477@ @3?76 3E 6787@63@FE ;@ H3D;AGE 5;H;> >;F;93F;A@?3FF7DE D7>3F76FAF:7;D DA>7E 3E ;EEG7D EBA@EAD 67BAE;FAD G@67DID;F7D 3@6 AD E7DH;57D A8 \*%+ FD3@E35F;A@E ,:7E7 53E7E ;@5>G67 AD :3H7 ;@5>G676 5>3EE 35F;A@ >3IEG;FE 35F;A@E 4K ;@6;H;6G3> ;@H7EFADE ;@ \*%+ 35F;A@E 4K ?A@A>;@7 ;@EGD3@57 5A?B3@;7E F:3F 9G3D3@F776 B3K?7@FE A8 BD;@5;B3> 3@6 ;@F7D7EF 8AD 57DF3;@\*%+ 3@6 D7BGD5:3E7 35F;A@E 4K\*%+FDGEFE FDGEF77E 3@6 AD;@H7EFADE>F:AG9:F:7 3>>793F;A@E H3DK4K>3IEG;F B>3;@F;88E;@F:75>3EE35F;A@E3@6;@6;H;6G3>;@H7EFAD35F;A@E97@7D3>>K3>>797F:3FF:7A887D;@9 6A5G?7@FEA8 E75GD;F;7E;EEG764KH3D;AGE\*%+ E75GD;F;L3F;A@FDGEFE5A@F3;@76?3F7D;3>?;ED7BD7E7@F3F;A@E 3@6A?;EE;A@E ;@5>G6;@9EF3F7?7@FE D793D6;@9F:7G@67DID;F;@9EF3@63D6EBGDEG3@FFAI:;5:F:7G@67D>K;@9 ?ADF9397>A3@EI7D7;EEG76?A@A>;@7;@EGD7DE97@7D3>>K3>>797F:3F>A3@EF:3F5A>>3F7D3>;L7\*%+F:7K;@EGD76 4D735:76D7BD7E7@F3F;A@E3@6I3DD3@F;7E?367I;F:D7EB75FFAF:7>A3@E3FF:7F;?7A8E75GD;F;L3F;A@3@6F:3F F:7KI7D78D3G6G>7@F>K;@6G576FA7@F7D;@FAF:7FD3@E35F;A@E3@6D7BGD5:3E735F;A@B>3;@F;88E97@7D3>>K3>>797 4D735:76D7BD7E7@F3F;A@E3@6I3DD3@F;7E;@D7EB75FA8?ADF9397>A3@E3@683;>GD7FAD7BGD5:3E7EG5:?ADF9397 >A3@E3ED7CG;D76G@67DF:73BB>;534>739D77?7@FE,:73?AG@FE6;E5>AE7647>AI6A@AFD78>75F35FG3>D73>;L76 B>3;@F;88>AEE7EFA63F7AD3@F;5;B3F768GFGD7>;F;93F;A@7JBAEGD7\*3F:7D G@>7EEAF:7DI;E7EF3F76 F:7E73?AG@FE D78>75F F:7 AD;9;@3> G@B3;6 BD;@5;B3> 43>3@57 3?AG@FE 3E 3>>7976 ;@ F:7E7 35F;A@E 3@6 6A @AF ;@5>G67 3@K D76G5F;A@ ;@ BD;@5;B3> 3?AG@FE E;@57 ;EEG3@57 GDF:7D G@>7EEAF:7DI;E7 EF3F76 3?AG@FE 3FFD;4GF34>7FA 3@ QAB7D3F;H7 B>736;@9R 8ADF:7 ;@6;H;6G3> ;@H7EFAD 35F;A@E 3D7 @AF 3>F7D76 8AD E7FF>7?7@FE 6;E?;EE3>E AD AF:7D A55GDD7@57E ;8 3@K F:3F?3K :3H7 53GE76F:7 3?AG@FEFA 5:3@97 EG4E7CG7@FFAF:7 AB7D3F;H7 B>736;@9 !@ 366;F;A@FAF:7?ADF9397 D7>3F7635F;A@E6;E5GEE7647>AI 3@G?47DA8AF:7D7@F;F;7E:3H7F:D73F7@76FA3EE7DF 5>3;?E393;@EFF:7A?B3@K3@6 AD;FE388;>;3F7E;@5A@@75F;A@I;F:H3D;AGE\*%+;EEG3@57E *% - ,# %-\*+&) + &%\** ,:7 A?B3@K 3E 3@ \*%+ ;EEG7D G@67DID;F7D 3@6 AD AF:7D B3DF;5;B3@F 3>A@9 I;F: AF:7D 6787@63@FE I3E @3?76 3E 3 6787@63@F ;@ 3@ 35F;A@ 4DAG9:F 4K F:7 767D3> 7BAE;F !@EGD3@57 ADBAD3F;A@ ! 3E D757;H7D 8AD A>A@;3> 3@= ;@ F:7 -+ ;EFD;5F AGDF 8AD F:7 +AGF:7D@ ;EFD;5FA8&7I1AD=+&1 ;@I:;5:5>3;?E393;@EFF:7A?B3@KD7>3F76FA3BBDAJ;?3F7>K-?;>>;A@A8 F:7\*%+ 3F ;EEG73BBDAJ;?3F7>K A8F:7 -?;>>;A@ 3F ;EEG7 393;@EF 3>> 6787@63@FE ;@F:7 AB7D3F;H7 B>736;@9'@"G@7 F:7A?B3@K3@6F:7B>3;@F;88E7J75GF763@39D77?7@FFAE7FF>73@66;E?;EE3>> 5>3;?E393;@EFF:7A?B3@K !@73D>K%3D5: ;@3@35F;A@4DAG9:F4KF:7! 3ED757;H7D8AD;F;L7@E&3F;A@3>3@=3@6 +FD3F79;53B;F3>3@= ;@F:7+&1 ;@I:;5:5>3;?ED7>3F76FA3BBDAJ;?3F7>K-?;>>;A@A8\*%+3F;EEG7 F:7A?B3@K3@6;FE388;>;3F7E7J75GF763@39D77?7@FI;F:F:7B>3;@F;88EFAE7FF>73@66;E?;EE3>>5>3;?E393;@EF F:7A?B3@K3@6;FE388;>;3F7E ,:7A?B3@K3@657DF3;@A8;FE388;>;3F7EI7D7F:7A@>K6787@63@FE@3?76;@3@35F;A@4DAG9:F4K !# 7GFE5:7 !@6GEFD;743@= 3@6 388;>;3F76 7@F;F;7E ;@F:7 +GBD7?7 AGDF 8ADF:7 +F3F7 A8 &7I1AD= &7I1AD=AG@FK+&1 ;@I:;5:5>3;?E393;@EFF:7A?B3@K3@6;FE388;>;3F7E D7>3F76FA3BBDAJ;?3F7>K -?;>>;A@A8\*%+3F;EEG7'@BD;> F:7B3DF;7E7J75GF763@39D77?7@FFAE7FF>73@66;E?;EE3>> 5>3;?E393;@EFF:7A?B3@K3@6;FE388;>;3F7E {66}------------------------------------------------ ### **02,7"=:.00/492>** *',)\* # + + &%\**\$"%ADF93973B;F3> !@5\$" ;E 3 6787@63@F ;@; A@7 35F;A@ 4DAG9:F 4K EE7F35=76+75GD;F;7EADBAD3F;A@ A?7CG;FK\$A3@,DGEF +7D;7E ;@I:;5: B>3;@F;88 3>>797E 63?397E A8 @AF >7EEF:3@ -?;>>;A@ ;@ 3@ 3?7@676 5A?B>3;@F 8;>76 A@G9GEF A@ "3@G3DK \$"8;>763?AF;A@FA6;E?;EE;;A@735F;A@4DAG9:F4K A?7CG;FKEE7F,DGEF +7D;7E ;@ I:;5:B>3;@F;883>>797E63?397EA8@AF>7EEF:3@-?;>>;A@;;;A@735F;A@4DAG9:F4K A?7CG;FKEE7F ,DGEF ;@I:;5: B>3;@F;88 3>>797E 63?397E A8 @AF>7EEF:3@-?;>>;A@ A@757?47D F:7 +&1 67@;76\$"PE?AF;A@ 8AD B3DF;3> EG??3DK>3F7;H;E;A@ ;DEF 7B3DF?7@FA8F:7+&1;DEF7B3DF?7@F388;D?76F:7+&1PEEG??3DK73H7FA8GDF:7D3BB73>FAF:7&7I1AD=+F3F7AGDFA8BB73>EA@ %3D5: F:7&7I1AD=+F3F7AGDF A8BB73>E D7H7DE76F:7 675;E;A@ A8F:7;DEF7B3DF?7@F 3@6 AD67D76F:3F\$"PE?AF;A@8ADB3DF;3>EG??3DK;@F:735F;A@I3E:7>6 47FI77@"3@G3DK3@674DG3DK 3@63675;E;A@;EB7@6;@9 ;HA@735F;A@4DAG9:F4K A?7CG;FK EE7F ,DGEF ;@ I:;5: B>3;@F;88 3>>797E 63?397E A8 @AF >7EE F:3@ - ?;>>;A@ 3@6 H A@7 35F;A@ 4DAG9:F4K+%EE7F 35=76,DGEF & ;@I:;5:@A63?397E3?AG@F;E3>>7976,:7E735F;A@E3D7 4DAG9:F;@F:7+&13@63D73FH3D;AGEBDA576GD3>EF397E \$";E3>EA36787@63@F;@A@735F;A@4DAG9:F4K A?7CG;FKEE7F,DGEF+7D;7E ;@I:;5: B>3;@F;883>>797E63?397EA8@AF>7EEF:3@-?;>>;A@'@%3D5: \$"3@6F:7B>3;@F;88E7J75GF763@ 39D77?7@F FA E7FF>7 F:;E 35F;A@ ,:7 E7FF>7?7@F D7?3;@E EG4<75F FA 3BBDAH3> F:DAG9: 3 FDGEF ;@EFDG5F;A@ BDA5776;@94DAG9:F;@%;@@7EAF3EF3F75AGDF4KF:7FDGEF77A8F:7B>3;@F;88FDGEF \$" 3@6;FE 388;>;3F7 +7>75F(ADF8A>;A+7DH;5;@9 !@5+(+ 3D7 6787@63@FE;@FIA 35F;A@EF:3F :3H7 477@5A@EA>;63F768AD57DF3;@BDA576GD3>BGDBAE7E ;@5>G6;@9FD;3> ;@F:7+&1A@735F;A@4DAG9:F4K A?7 CG;FK %ADF9397 ,DGEF +7D;7E A?7 CG;FK %ADF9397 ,DGEF +7D;7E 3@6 A?7 CG;FK %ADF9397,DGEF+7D;7E ;@I:;5:B>3;@F;88E3>>79763?397EA8@AF>7EEF:3@-?;>>;A@ 3@63>>797F:3F +(+A4EFDG5F76F:7;@H7EF;93F;A@;@FAF:78G>>7JF7@FA8F:767875FE;@F:7?ADF9397BAA>E4KD78GE;@9FA388AD6 F:7FDGEF77D73EA@34>73557EEFA57DF3;@AD;9;@3F;A@8;>7E3@6A@735F;A@4DAG9:F4K A?7CG;FK%ADF9397 ,DGEF +7D;7E ;@I:;5: B>3;@F;88 3>>797E 63?397E A8 @AF >7EEF:3@ - ?;>>;A@ 3@6 3>>797EF:3F +(+ >;=7>K6;E5AH7D76\$"PE3>>79764D735:7EA8 D7BD7E7@F3F;A@E3@6I3DD3@F;7E4GF 6;6@AF@AF;8KF:7FDGEF77A8 EG5: 4D735:7E ;@ 3>>7976 H;A>3F;A@ A8 ;FE 5A@FD35FG3> A4>;93F;A@E '@ BD;> \$" +(+ 3@6 F:7 B>3;@F;88E7J75GF763@39D77?7@FFAE7FF>7FAE7FF>74AF:35F;A@E8ADF:7399D793F73?AG@FA8-?;>>;A@ 8AD I:;5:D76;F+G;EE7I3E8G>>KD7E7DH76,:7E7FF>7?7@FD7?3;@EEG4<75FFA3BBDAH3>F:DAG9:3FDGEF;@EFDG5F;A@ BDA5776;@94DAG9:F;@%;@@7EAF3EF3F75AGDF4KF:7FDGEF77A8F:7B>3;@F;88FDGEFE A>>AI;@9F:773D>;7D6;E?;EE3>A8F:D775A@EA>;63F76D7BGD5:3E735F;A@E;@F:7+&1;@ 3@6F:7 &7I1AD=+F3F7AGDF A8BB73>EPGB:A>6;@9 A8F:;E 6;E?;EE3> ;@ 74DG3DK A@G9GEF F:7 FDGEF77E 8AD A?7 CG;FK EE7F ,DGEF A?7 CG;FK EE7F,DGEF 3@6 A?7 CG;FK EE7F ,DGEF 5A??7@576 3 @7I D7BGD5:3E7 35F;A@ 393;@EF \$" ;@ F:7 +&1 ;@ I:;5: B>3;@F;88E 3>>7976 63?397EA8@AF>7EEF:3@-?;>>;A@ 3EE7DF;@9EG4EF3@F;3>>KE;?;>3D5>3;?E393;@EF\$"3EF:AE73>>7976;@F:7 F:D775A@EA>;63F76D7BGD5:3E735F;A@EBD7H;AGE>K6;E?;EE76I;F:BD73;@F;88E 8;>763@AF;57A83BB73>FAF:7;DEF7B3DF?7@F'@&AH7?47D F:7B>3;@F;88EI;F:6D7IF:7;D3BB73> FAF:7;DEF7B3DF?7@F EG5:F:3FF:735F;A@;E@AI8G>>K6;E?;EE76 {67}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{68}------------------------------------------------ ### **02,7"=:.00/492>** \*79G>3FADK 3GF:AD;F;7E ;@ 3 @G?47D A8 G6;@9 F:7 +AGF: 8D;53@ A?B7F;F;A@ A??;EE;A@ :3H7 477@ 5A@6G5F;@9 ;@H7EF;93F;A@E ;@FA F:7 FD36;@9 35F;H;F;7E ;@8AD?3F;A@ E:3D;@9 3@6 F:7 E7FF;@9A847@5:?3D=D3F7E;@F:78AD7;9@7J5:3@97;@5>G6;@97>75FDA@;5FD36;@9?3D=7FE ,:7 D787D7@57 D3F7E ;@H7EF;93F;A@E :3H7 3>EA ;@5>G676 ;@8AD?3F;A@ D7CG7EFE 8DA? D79G>3FADE 5A@57D@;@9 5A??A6;F;7E ?3D=7FE ,:7 DAGB 3@6 F:7 A?B3@K 3D7 5AAB7D3F;@9 8G>>K I;F: F:7E7 ;@H7EF;93F;A@E ,:7;@H7EF;93F;A@E3D7A@9A;@93@6;F;EFAAEAA@FABD76;5FF:78;@3>AGF5A?7A8F:7;@H7EF;93F;A@E 79;@@;@9 ;@ 57DF3;@ D76;F +G;EE7 7@F;F;7E ;@5>G6;@9 F:7 A?B3@K I7D7 @3?76 ;@ H3D;AGE BGF3F;H7 5>3EE 3@6 ;@6;H;6G3> >3IEG;FE 8;>76 ;@ F:7 -+ 3>>79;@9 43@=E A@ F:7 -+ 6A>>3D \$!'\* B3@7> ?3@;BG>3F76 -+ 6A>>3D \$!'\*FA 47@78;FF:7;D D7BGF3F;A@ 3@6 ;@5D73E7 BDA8;FE>> D7?3;@;@9?3FF7DE :3H7 477@5A@EA>;63F768ADBD7 FD;3>BGDBAE7E;@FA3?G>F; 6;EFD;5F>;F;93F;A@;@F:7+&1 !@ 3 E7D;7E A8 DG>;@9E 47FI77@ 3@6 A@?AF;A@EFA 6;E?;EE F:7 +&1; @3DDAI76F:7 5>3;?E393;@EFF:7D76;F+G;EE77@F;F;7E3@6F:7AF:7D6787@63@FE6;E?;EE;@93@F;FDGEF \*35=7F77D!@8>G7@576 3@6ADDGBF'D93@;L3F;A@E5F\*!' A??A6;FKJ5:3@975F 3@6EF3F7>3I5>3;?E ;;@3DDAI76F:7 E7F A8 B>3;@F;88E I:A ?3K 4D;@9 5>3;?E 3@6 ;;; @3DDAI76 F:7 E7F A8 6787@63@FE ;@ F:7 \$!'\* 35F;A@E ;@5>G6;@9F:76;E?;EE3>A8E7H7D3>D76;F+G;EE77@F;F;7E8DA?H3D;AGE53E7EA@B7DEA@3>;?;F3F;A@ 9DAG@6E8F7D 3 @G?47D A8 BGF3F;H7 5>3EE 3@6 ;@6;H;6G3> B>3;@F;88E 3BB73>76F:7 6;E?;EE3> A8 F:7;D 3@F;FDGEF 5>3;?E FA F:7 -@;F76 +F3F7E AGDF A8 BB73>E 8AD F:7 +75A@6 ;D5G;F +75A@6 ;D5G;F A@ 757?47D F:7+75A@6;D5G;F388;D?76;@B3DF3@6D7H7DE76;@B3DFF:76;EFD;5F5AGDFPE675;E;A@3@6 D7?3@676F:753E7FAF:7+&1 +7B3D3F7>K A@74DG3DK F:D7735F;A@E4DAG9:F4K;@6;H;6G3>B>3;@F;88EI7D76;E?;EE76393;@EF D76;F+G;EE7 +7B3D3F7>K A@%3K F:7B>3;@F;88E;@F:D77BGF3F;H75>3EE35F;A@E?AH768AD5>3EE57DF;8;53F;A@ '@74DG3DK F:7+&167@;7657DF;8;53F;A@;@FIAA8F:735F;A@E3@69D3@F7657DF;8;53F;A@AH7D3 E;@9>73@F;FDGEF5>3;?;@3@35F;A@4DAG9:F4KAH7D F:7 5AG@F7DBGD5:3E7DEA8\$!'\* >;@=7667D;H3F;H7E !@"3@G3DK ?7?47DEA8F:7-+6A>>3D!@F7D5A@F;@7@F3>J5:3@97!\$!'\*B3@7> ;@5>G6;@9 F:7A?B3@K3@657DF3;@A8;FE388;>;3F7E I7D7@3?76;@F:D775;H;>BGF3F;H75>3EE35F;A@>3IEG;FE3>>79;@9F:3F B3@7>43@=EEGBBD7EE76-+6A>>3D!\$!'\*FA47@78;F6787@63@FEPFD36;@9BAE;F;A@E,:7E735F;A@E:3H7 477@5A@EA>;63F76;@F:7+&1'@%3D5: F:7+&19D3@F766787@63@FEP?AF;A@FA6;E?;EE 3@6 A@ 74DG3DK F:7 +75A@6 ;D5G;F 6;E?;EE76 B>3;@F;88EP 3BB73> A8 F:7 +&1PE 675;E;A@ 9D3@F;@9 6787@63@FEP?AF;A@FA6;E?;EE '@G9GEF ?7?47DEA8F:7!\$!'\*B3@7> ;@5>G6;@9F:7A?B3@K3@657DF3;@A8;FE 388;>;3F7E I7D7@3?76;@35;H;>35F;A@;@F:7-+;EFD;5FAGDF8ADF:7&ADF:7D@;EFD;5FA83>;8AD@;3 3>>79;@9 F:3F B3@7> 43@=E ?3@;BG>3F76 ! \$!'\* FA BDA8;F 8DA? H3D;34>7 ;@F7D7EF >A3@E 3@6 5D76;F 53D6E '@ 757?47D F:75AGDF67@;76B>3;@F;88EP?AF;A@8ADBD7>;?;@3DK3@6B7D?3@7@F;@43@=E8DA?5A@F;@G;@9FAE7F\$!'\*AD3GFA?3F;53>>KE7FF;@9F:747@5:?3D=FAL7DA735:63K 3@6A@ {69}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{70}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{71}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{72}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{73}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ource: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.