# JEFFERIES FINANCIAL SERVICES, INC. X-17A-5 (2024-01-26) — Broker-dealer annual report - Company: JEFFERIES FINANCIAL SERVICES, INC. - Form: X-17A-5 - Filed: 2024-01-26 - Period: 2023-11-30 - Accession: 0001891399-24-000001 - CIK: 1891399 - File #: 8-70821 - Type: Broker-dealer - Material weakness: No - Auditor: Deloitte Touche LLP - Auditor location: NEW YORK, NY - Contact: Robert Matos - Phone: 212-284-2137 - Website: deloitte.com - Signed by: Andrew White (Chief Financial Officer) Original filing: https://www.sec.gov/Archives/edgar/data/1891399/000189139924000001/jfsi2023public.pdf --- {0}------------------------------------------------ #### \$ +#, #''#%,+/#, #' #### ,# 'A #### ,--&'-( #''#%('#-#(' ,( '(/&+ ' #')''-.#-(+,S+)(+- ;>76BGDEG3@FFA+G>736G@67DF:7,75GD;F;7EJ5:3@975FA8 3@6+79G>3F;A@ 7G@67DF:7A??A6;FKJ5:3@975F 3E3)G4>;5A5G?7@F {1}------------------------------------------------ ## **(!'&''&** (&))+(/% **&(%'&!+!" &&"!** (&'G?47D **\*.?56:4@;:** JB;D7E 'AH7?47D EF;?3F763H7D3974GD67@ :AGDEB7DD7EBA@E7 ## **!!(%#"%'&** , #%'.&+ **"% +** # **#%'** **!#** **:3;>9.@6;:%2=A6>21#A>?A.:@@;%A82? . . .:1 .A:12>@52&20A>6@62?D05.:420@;3** | #%#'! (+-")+#(
!#''#'! | '

'#'! | | | | |---------------------------|---------------|--|--------|--| | | && 11 | | && 11 | | # **%&'%!'!''"!** | | | '&( #+&\$7887D;7E ;@3@5;3>,7DH;57E | #@5 | |--|--|-------------------------------------|-----| | | | | | -1)( +!#,-+'-5:75=3>>3BB>;534>74AJ7E DA=7D673>7D --:75= :7D7 ;8 D7EBA@67@F ;E 3>EA 3@ (- 67D;H3F;H7E 673>7D ,75GD;FK43E76 EI3B 673>7D &37B:A@7'G?47D | | ?3;>66D7EE | | | "(!'!'!''"! | | | | | | | #')''-).%#(.'-'-I:AE7D7BADFE3D75A@F3;@76;@F:;E8;>;@9 | | | | | 7>A;FF7-AG5:7%%) | | | | | | '3?7O;8;@6;H;6G3>
EF3F7>3EF
8;DEF
3@6?;66>7@3?7 | | | | | | | | +A5=787>>7D)>3L3'7I1AD='7I1AD= | | | | 66D7EE | ;FK | | ,F3F72;BA67 | | | | |
| | | | 3F7A8+79;EFD3F;A@I;F:)(;83BB>;534>7 | | )(+79;EFD3F;A@'G?47D
;83BB>;534>7 | | | | | "%"(&"!, | | | | >3;?E8AD7J7?BF;A@8DA?F:7D7CG;D7?7@FF:3FF:73@@G3>D7BADFE475AH7D764KF:7D7BADFEA83@;@67B7@67@FBG4>;5 355AG@F3@F?GEF47EGBBADF764K3EF3F7?7@FA8835FE3@65;D5G?EF3@57ED7>;76A@3EF:743E;EA8F:77J7?BF;A@ ,77 + 37;; ;83BB>;534>7 **#2>?;:?C5;.>2@;>2?<;:1@;@520;8820@6;:;36:3;>9.@6;:0;:@.6:216:@56?3;>9.>2:;@>2=A6>21@;>2?<;:1 A:82??@523;>916?<8.E?.0A>>2:@8EB.861" 0;:@>;8:A9/2>** {2}------------------------------------------------ #### **AFFIRMATION** I, Andrew White, affirm that, to the best of my knowledge and belief, the accompanying financial statements and supplemental schedule pe1taining to the firm of Jefferies Financial Services, Inc., as of and for the year ended November 30, 2023, are true and correct. I further affirm that neither the company nor any officer or director has any proprietary interest in any account classified solely as that of a customer. Signature: Title: Chief Financial Officer Notary Public **Catherine L. Caldeira NOTARY PUBLIC, STATE OF NEW YORK Registration No. OICA627785I Qualified in Kings County Commission Expires August 8, 2025** {3}------------------------------------------------ #### **'56?3686:40;:@.6:?-05207.88.<<860./82/;D2?** - -3,F3F7?7@FA88;@3@5;3>5A@6;F;A@ - -4'AF7EFAEF3F7?7@FA88;@3@5;3>5A@6;F;A@ - 5,F3F7?7@FA8AB7D3F;A@E - 6,F3F7?7@FA853E:8>AIE - 7,F3F7?7@FA85:3@97E;@EFA5=:A>67DSE7CG;FK - 8,F3F7?7@FA85:3@97E;@>;34;>;F;7EEG4AD6;@3F76FA5>3;?EA897@7D3>5D76;FADE - 9'AF7EFA8;@3@5;3>EF3F7?7@FE - :A?BGF3F;A@A8@7F53B;F3>G@67D + 5AD + 3 3E3BB>;534>7 - ;A?BGF3F;A@A8F3@9;4>7@7FIADF:G@67D + 3 - ;534>7 - >A?BGF3F;A@8AD7F7D?;@3F;A@A8)+7CG;D7?7@FEG@67DJ:;4;FFAM 5 - ?#@8AD?3F;A@D7>3F;@9FABAEE7EE;A@AD5A@FDA>D7CG;D7?7@FE8AD5GEFA?7DEG@67D + 5 - @#@8AD?3F;A@D7>3F;@9FABAEE7EE;A@AD5A@FDA>D7CG;D7?7@FE8ADE75GD;FK43E76EI3B5GEFA?7DEG@67D + 5BAD + 3 3E3BB>;534>7 - A+75A@5;>;3F;A@E ;@5>G6;@93BBDABD;3F77JB>3@3F;A@E A8F:7 (.,+7BADFI;F:5A?BGF3F;A@A8@7F53B;F3>ADF3@9;4>7@7F IADF:G@67D + 5 + 3 AD + 3 3E3BB>;534>7 3@6F:7D7E7DH7D7CG;D7?7@FEG@67D + 5AD + 3 3E3BB>;534>7 ;8?3F7D;3>6;887D7@57E7J;EF AD3EF3F7?7@FF:3F@A?3F7D;3>6;887D7@57E 7J;EF - B,G??3DKA88;@3@5;3>63F38ADEG4E;6;3D;7E@AF5A@EA>;63F76;@F:7EF3F7?7@FA88;@3@5;3>5A@6;F;A@ - - C(3F:AD388;D?3F;A@;@355AD63@57I;F: + 3 + 3 AD + 3 3E3BB>;534>7 - DA?B>;3@57D7BADF;@355AD63@57I;F: + 3AD + 3 3E3BB>;534>7 - EJ7?BF;A@D7BADF;@355AD63@57I;F: + 3AD + 3 3E3BB>;534>7 - -F#@67B7@67@FBG4>;5355AG@F3@FSED7BADF43E76A@3@7J3?;@3F;A@A8F:7EF3F7?7@FA88;@3@5;3>5A@6;F;A@ - G#@67B7@67@FBG4>;5355AG@F3@FSED7BADF43E76A@3@7J3?;@3F;A@A8F:78;@3@5;3>D7BADFAD8;@3@5;3>EF3F7?7@FEG@67D + 3 + 3 AD + 3 3E3BB>;534>7 - H#@67B7@67@FBG4>;5355AG@F3@FSED7BADF43E76A@3@7J3?;@3F;A@A857DF3;@EF3F7?7@FE;@F:75A?B>;3@57D7BADFG@67D + 3AD + 3 3E3BB>;534>7 - I#@67B7@67@FBG4>;5355AG@F3@FSED7BADF43E76A@3D7H;7IA8F:77J7?BF;A@D7BADFG@67D + 3AD + 3 3E3BB>;534>7 - J,GBB>7?7@F3>D7BADFEA@3BB>K;@939D776GBA@BDA576GD7E ;@355AD63@57I;F: + 57AD + 3 3E3BB>;534>7 - K+7BADF67E5D;4;@93@K?3F7D;3>;@367CG35;7E8AG@6FA7J;EFAD8AG@6FA:3H77J;EF76E;@57F:763F7A8F:7BD7H;AGE3G6;F AD3 EF3F7?7@FF:3F@A?3F7D;3>;@367CG35;7E7J;EF G@67D + 3= - L(F:7D -AD7CG7EF5A@8;67@F;3>FD73F?7@FA857DF3;@BADF;A@EA8F:;E8;>;@9 E77 + 37AD + 36 3E 3BB>;534>7 {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) **Deloitte & Touche LLP** 30 Rockefeller Plaza New York, NY 10112 Tel: +1 212-492-4000 www.deloitte.com ### **INDEPENDENT AUDITOR'S REPORT** To the Board of Directors and Stockholder of Jefferies Financial Services, Inc. We have audited the accompanying statement of financial condition of Jefferies Financial Services, Inc. (the "Company"), as of November 30, 2023, and the related notes to the statement of financial condition (collectively referred to as the "financial statements"). In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Company as of November 30, 2023, in accordance with accounting principles generally accepted in the United States of America. ### **Basis for Opinion** We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the Company and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. ### **Responsibilities of Management for the Financial Statements** Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern for one year after the date that the financial statements are issued. ### **Auditor's Responsibilities for the Audit of the Financial Statements** Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements. {5}------------------------------------------------ In performing an audit in accordance with GAAS, we: - x Exercise professional judgment and maintain professional skepticism throughout the audit. - x Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. - x Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control. Accordingly, no such opinion is expressed. - x Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements. - x Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern for a reasonable period of time. We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control-related matters that we identified during the audit. January 26, 2024 {6}------------------------------------------------ | 3E:3@653E:7CG;H3>7@FE |


| |-------------------------------------------------------------------------|--------------| | ;@3@5;3>;@EFDG?7@FEAI@76
3F83;DH3>G7 |


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

| | +757;H34>7E | | | DA=7DE
673>7DE3@65>73D;@9AD93@;L3F;A@E |

| | 77E
;@F7D7EF3@6AF:7D |

| | G78DA?388;>;3F7E |

| | )D7?;E7E3@67CG;B?7@F |
| | (F:7D3EE7FE |

| | -AF3>3EE7FE |


| | '&!&'""%G&\$(', | | | %##%#-#, | | | ;@3@5;3>;@EFDG?7@FEEA>6
@AFK7FBGD5:3E76
3F83;DH3>G7 |


| | ,75GD;F;7E>A3@76 |

| | ,75GD;F;7EEA>6G@67D39D77?7@FEFAD7BGD5:3E7 |

| | )3K34>7E | | | DA=7DE
673>7DE3@65>73D;@9AD93@;L3F;A@E |

| | G7FA)3D7@F3@6388;>;3F7E |

| | 55DG767JB7@E7E3@6AF:7D>;34;>;F;7E |

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


| | ,G4AD6;@3F76>;34;>;F;7E |

| | ,FA5=:A>67DSE7CG;FK | | | >3EE5A??A@EFA5=
B3DH3>G73GF:AD;L76
;EEG763@6AGFEF3@6;@9
E:3D7E |
| | 66;F;A@3>B3;6;@53B;F3> |

| | +7F3;@76678;5;F |

| | -AF3>EFA5=:A>67DSE7CG;FK |

| | -AF3>>;34;>;F;7E3@6EFA5=:A>67DSE7CG;FK |


| {7}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{8}------------------------------------------------ #### **!"'&'"&'' !'"!!"!'"!"!'!( !") %** %7H7>P\*GAF76BD;57E3D73H3;>34>7;@35F;H7?3D=7FE 8AD;67@F;53>3EE7FEAD>;34;>;F;7E3FF:7 D7BADF7663F7 /3>G3F;A@36A5=6;E5AG@FE3D7@AF3BB>;76FA%7H7>;@EFDG?7@FE %7H7>P)D;5;@9;@BGFEAF:7DF:3@CGAF76BD;57E;@35F;H7?3D=7FE I:;5:3D77;F:7D6;D75F>KAD ;@6;D75F>KA4E7DH34>73FF:7D7BADF7663F7 -:7@3FGD7A8F:7E78;@3@5;3>;@EFDG?7@FE;@5>G6753E: ;@EFDG?7@FE 8AD I:;5: CGAF76 BD;57E 3D7 3H3;>34>7 4GF FD3676 >7EE 8D7CG7@F>K 67D;H3F;H7 ;@EFDG?7@FE 8AD I:;5: 83;D H3>G7E :3H7 477@ 67D;H76 GE;@9 ?A67> ;@BGFE F:3F 3D7 6;D75F>K A4E7DH34>7 ;@ F:7 ?3D=7F AD 53@ 47 67D;H76 BD;@5;B3>>K 8DA? AD 5ADDA4AD3F76 4K A4E7DH34>7 ?3D=7F 63F3 3@6 ;@EFDG?7@FE F:3F 3D7 83;D H3>G76 4K GE;@9 AF:7D 8;@3@5;3> ;@EFDG?7@FE F:7 B3D3?7F7DEA8I:;5:53@476;D75F>KA4E7DH76 %7H7> P #@EFDG?7@FE F:3F :3H7 >;FF>7 FA @A BD;5;@9 A4E7DH34;>;FK 3F F:7 D7BADF76 63F7 -:7E7 8;@3@5;3> ;@EFDG?7@FE 3D7 ?73EGD76 GE;@9 ?3@397?7@FSE 47EF 7EF;?3F7 A8 83;D H3>G7 I:7D7 F:7 ;@BGFE ;@FA F:7 67F7D?;@3F;A@ A8 83;D H3>G7 D7CG;D7 E;9@;8;53@F ?3@397?7@F ;@EFDG?7@FE :3H7 4;6 3@6 3E= BD;57E F:3F 53@ 47 A4E7DH76 ;@ F:7 ?3D=7FB>357 AD 8;@3@5;3>;@EFDG?7@FEI:AE7;@BGFE3D743E76A@4;63E=BD;57E F:7 8;@3@5;3>;@EFDG?7@F;EH3>G763FF:7 BA;@FI;F:;@F:74;63E=D3@97F:3F?77FEF:7A?B3@KSE47EF7EF;?3F7A883;DH3>G7 -:7A?B3@KGE7E BD;57E 3@6 ;@BGFE F:3F 3D7 5GDD7@F 3F F:7 ?73EGD7?7@F 63F7 AD 8;@3@5;3> ;@EFDG?7@FE F:3F 6A @AF :3H7 D736;>K67F7D?;@34>7 83;DH3>G7EGE;@9CGAF76?3D=7FBD;57E F:767F7D?;@3F;A@A8 83;DH3>G7;E43E76A@ F:7 47EF 3H3;>34>7 ;@8AD?3F;A@ F3=;@9 ;@FA 355AG@F F:7 FKB7E A8 8;@3@5;3> ;@EFDG?7@FE 5GDD7@F 8;@3@5;3> ;@8AD?3F;A@ D7EFD;5F;A@E ;8 3@K A@ 6;EBAE;F;A@E 83;D H3>G7E A8 G@67D>K;@9 8;@3@5;3> ;@EFDG?7@FE 3@6 CGAF3F;A@E8ADE;?;>3D;@EFDG?7@FE -:7 H3>G3F;A@ A8 8;@3@5;3> ;@EFDG?7@FE ?3K ;@5>G67 F:7 GE7 A8 H3>G3F;A@ ?A67>E 3@6 AF:7D F75:@;CG7E 6G3F;A@E 67D;H76 8DA? H3>G3F;A@ ?A67>E 3D7 B7D?;FF76 43E76 A@ ?3@397?7@FSE ;@EFDG?7@FEG5:3E;FE5A?B>7J;FK F:7 ?3D=7F ;@ I:;5: F:7 8;@3@5;3> ;@EFDG?7@F ;E FD3676 3@6 G@67D>K;@9 D;E= G@57DF3;@F;7E 34AGF ?3D=7F 5A@6;F;A@E 6G3F;A@?A67> D78>75F?3@397?7@FSE;@EFDG?7@F47;@9?73EGD763F83;DH3>G7IAG>63>EA 5A@E;67D;@ H3>G;@9F:3F E3?7 8;@3@5;3>;@EFDG?7@F -AF:7 7JF7@FF:3F H3>G3F;A@;E 43E76 A@ ?A67>E AD ;@BGFE F:3F 3D7 >7EE A4E7DH34>7 AD G@A4E7DH34>7 ;@ F:7 ?3D=7F F:7 67F7D?;@3F;A@ A8 83;D H3>G7 D7CG;D7E ?AD734;>;FKA8A4E7DH34>7;@BGFE53@H3DK3@6;E38875F764K3I;67H3D;7FKA8835FADE ;@5>G6;@9 8AD 7J3?B>7 F:7FKB7A88;@3@5;3>;@EFDG?7@F3@6?3D=7F5A@6;F;A@E EF:7A4E7DH34;>;FKA8BD;57E3@6;@BGFE ?3K5:3@97 8AD3 8;@3@5;3>;@EFDG?7@F 8DA? B7D;A6FA B7D;A6 F:;E5A@6;F;A@?3K53GE73FD3@E87D A83@ ;@EFDG?7@F3?A@9F:7 83;DH3>G7:;7D3D5:K>7H7>E -:7679D77A8G7;E9D73F7EF8AD;@EFDG?7@FE53F79AD;L76I;F:;@%7H7> **%2026B./823>;9.:1#.E./82@;>;72>?2.82>?.:182.>6:4">4.:6F.@6;:?**P+757;H34>7E8DA? 3@6B3K34>7EFA4DA=7DE 673>7DE3@65>73D;@9AD93@;L3F;A@E;@5>G6767BAE;FEA853E:3@6 ADE75GD;F;7EI;F: 7J5:3@97 5>73D;@9 AD93@;L3F;A@E FA ?77F ?3D9;@ D7CG;D7?7@FE 3?AG@FE 6G7 FA AD 8DA? 5>73D;@9 AD93@;L3F;A@E8AD63;>KH3D;3F;A@E7FF>7?7@FE D757;H34>7E3@6B3K34>7E8AD877E3@65A??;EE;A@E3@6@7F D757;H34>7EADB3K34>7E3D;E;@98DA?G@E7FF>76E75GD;FKFD3@E35F;A@E {9}------------------------------------------------ #### **!"'&'"&'' !'"!!"!'"!"!'!( !") %** **>216@ ;??2? ;: 6:.:06.8 ??2@? 2.?A>21 .@ 9;>@6F21 ;?@** P ;@3@5;3> 3EE7FE ?73EGD76 3F 3?ADF;L765AEF3D7 BD7E7@F763FF:7 @7F3?AG@F7JB75F76FA 475A>>75F763@6F:7?73EGD7?7@F A85D76;F >AEE7E3@63@K7JB75F76;@5D73E7E3@6675D73E7E;@7JB75F765D76;F>AEE7E3D7D75A9@;L76;@73D@;@9E -:7 7EF;?3F7A87JB75F765D76;F>AEE7E;@HA>H7E;87A8F:7 8;@3@5;3> ;@EFDG?7@F F3=;@9 ;@FA 5A@E;67D3F;A@ 8AD753EFE A8 7JB75F76 8GFGD7 75A@A?;5 5A@6;F;A@E #@ 7H3>G3F;@9 E75GD76 8;@3@5;@9 D757;H34>7E D7H7DE7 D7BGD5:3E7 39D77?7@FE E75GD;F;7E 4ADDAI;@9 3DD3@97?7@FE 3@6 ?3D9;@ >A3@E F:7 G@67D>K;@9 5A>>3F7D3> ?3;@F7@3@57 BDAH;E;A@E 3D7 F3=7@ ;@FA 5A@E;67D3F;A@ -:7 G@67D>K;@9 5A@FD35FG3> 5A>>3F7D3>?3;@F7@3@57 8AD E;9@;8;53@F>K 3>> A8F:7A?B3@KSE E75GD76 8;@3@5;@9 D757;H34>7E D7CG;D7E F:3F F:7 5AG@F7DB3DFK 5A@F;@G3>>K 36>3F7D3>;L3F;A@ 3?AG@F E75GD;@9 F:7 5D76;F 7JBAEGD7 A@ F:7E7 5A@FD35FE A>>3F7D3>;L3F;A@ >7H7>E 8AD F:7 A?B3@KSE E75GD76 8;@3@5;@9 D757;H34>7E3D7;@;F;3>>K7EF34>;E:76 43E76 A@F:75AG@F7DB3DFK F:7FKB7 A83557BF34>7 5A>>3F7D3>F:3F;E?A@;FAD7663;>K3@636A83@K5D76;F>AEE7E D76;F>AEE7E 3D7@AFD75A9@;L768ADE75GD768;@3@5;@9D757;H34>7EI:7D7F:7G@67D>K;@95A>>3F7D3>SE83;DH3>G7;E7CG3> FAAD7J5776EF:73EE7FSE3?ADF;L765AEF43E;E #@53E7EI:7D7F:75A>>3F7D3>SE83;DH3>G76A7E@AF7CG3>F:7 AD 7J5776 F:7 3?ADF;L76 5AEF 43E;E F:7 3>>AI3@57 8AD 5D76;F >AEE7E ;8 3@K ;E >;?;F76 FA F:7 6;887D7@57 47FI77@F:783;DH3>G7A8F:75A>>3F7D3>3FF:7D7BADF;@963F73@6F:73?ADF;L765AEF43E;EA8F:78;@3@5;3> 3EE7FE -:7 A?B3@KSE D757;H34>7E 8DA? 4DA=7DE 673>7DE 3@6 5>73D;@9 AD93@;L3F;A@E ;@5>G67 67BAE;FE A8 53E: I;F: 7J5:3@97 5>73D;@9 AD93@;L3F;A@E FA ?77F ?3D9;@ D7CG;D7?7@FE 3?AG@FE 6G7 8DA? 5>73D;@9 AD93@;L3F;A@E 8AD 63;>K H3D;3F;A@ E7FF>7?7@FE E75GD;F;7E 83;>76FA67>;H7D AD D757;H7 D757;H34>7E 3@6 B3K34>7E8AD877E3@65A??;EE;A@E 3@6D757;H34>7E3D;E;@98DA?G@E7FF>76E75GD;F;7EAD>A3@FD3@E35F;A@E -:7E7 D757;H34>7E 97@7D3>>K 6A @AF 9;H7 D;E7 FA ?3F7D;3> 5D76;F D;E= 3@6 :3H7 3 D7?AF7 BDA434;>;FK A8 6783G>F7;F:7D4753GE7A8F:7;DE:ADFF7D?@3FGD7AD6G7FAF:75D76;FBDAF75F;A@8D3?7IAD=;@:7D7@F;@F:7 67E;9@3@6AB7D3F;A@EA84DA=7DE 673>7DE3@65>73D;@9AD93@;L3F;A@E EEG5: 97@7D3>>K @A3>>AI3@578AD 5D76;F>AEE7E;E:7>6393;@EFF:7E7D757;H34>7E AD3>>AF:7D 8;@3@5;3>3EE7FE?73EGD763F3?ADF;L765AEF F:7A?B3@K7EF;?3F7E7JB75F765D76;F>AEE7E AH7DF:7 8;@3@5;3> 3EE7FES>;87 3E A8F:7 D7BADF;@9 63F7 43E76A@ D7>7H3@F;@8AD?3F;A@ 34AGF B3EF 7H7@FE 5GDD7@F5A@6;F;A@E 3@6D73EA@34>73@6EGBBADF34>78AD753EFE **&20A>6@62?;>>;C21.:1&20A>6@62?;.:21**P,75GD;F;7E4ADDAI763@6E75GD;F;7E>A3@763D753DD;763F F:73?AG@FEA853E:5A>>3F7D3>36H3@5763@6D757;H76;@5A@@75F;A@I;F:F:7FD3@E35F;A@E3@6355AG@F76 8AD3E5A>>3F7D3>;L768;@3@5;@9FD3@E35F;A@E #@5A@@75F;A@I;F:4AF:FD36;@93@64DA=7D39735F;H;F;7E F:7 A?B3@K4ADDAIEE75GD;F;7EFA5AH7DE:ADFE3>7E3@6FA5A?B>7F7FD3@E35F;A@E;@I:;5:5GEFA?7DE:3H7 83;>76 FA 67>;H7D E75GD;F;7E 4K F:7 D7CG;D76 E7FF>7?7@F 63F7 3@6 >7@6E E75GD;F;7E FA AF:7D 4DA=7DE 3@6 673>7DE8ADE;?;>3DBGDBAE7E -:7A?B3@K:3E3@35F;H7E75GD;F;7E4ADDAI763@6>7@6;@9?3F5:764AA= 4GE;@7EE ;@ I:;5: ;F 4ADDAIE E75GD;F;7E 8DA? A@7 B3DFK 3@6 >7@6E F:7? FA 3@AF:7D B3DFK 0:7@ F:7 A?B3@K4ADDAIEE75GD;F;7E ;F97@7D3>>KBDAH;67E53E:FAF:7>7@67D3E5A>>3F7D3> I:;5:;E D78>75F76;@ F:7 ,F3F7?7@F A8 ;@3@5;3> A@6;F;A@ 3E ,75GD;F;7E 4ADDAI76 ,;?;>3D>K I:7@ F:7 A?B3@K >7@6E E75GD;F;7EFA3@AF:7DB3DFK F:3FB3DFKBDAH;67E53E:FAF:7A?B3@K3E5A>>3F7D3> I:;5:;ED78>75F76;@F:7 ,F3F7?7@F A8 ;@3@5;3> A@6;F;A@ 3E ,75GD;F;7E >A3@76 -:7 ;@;F;3> 5A>>3F7D3> 36H3@576 AD D757;H76 3BBDAJ;?3F7E AD ;E 9D73F7D F:3@ F:7 83;D H3>G7 A8 F:7 E75GD;F;7E 4ADDAI76 AD >A3@76 -:7 A?B3@K ?A@;FADE F:7 83;D H3>G7 A8 F:7 E75GD;F;7E 4ADDAI76 3@6 >A3@76 A@ 3 63;>K 43E;E 3@6 D7CG7EFE 366;F;A@3> 5A>>3F7D3>ADD7FGD@E7J57EE5A>>3F7D3> 3E3BBDABD;3F7 #@;@EF3@57EI:7D7F:7A?B3@KD757;H7EE75GD;F;7E 3E 5A>>3F7D3> ;@ 5A@@75F;A@ I;F: E75GD;F;7E8ADE75GD;F;7E FD3@E35F;A@E ;@ F:7 I:;5: F:7 A?B3@K ;E F:7 >7@67DA8E75GD;F;7E3@6;EB7D?;FF76FAE7>>ADD7B>7697F:7E75GD;F;7ED757;H763E5A>>3F7D3> F:7A?B3@K D7BADFEF:7 83;D H3>G7 A8F:7 5A>>3F7D3> D757;H76 3@6F:7 D7>3F76 A4>;93F;A@FA D7FGD@F:7 5A>>3F7D3>;@F:7 A?B3@KSE,F3F7?7@FA8 ;@3@5;3>A@6;F;A@ {10}------------------------------------------------ #### **!"'&'"&'' !'"!!"!'"!"!'!( !") %** **&20A>6@62? #A>05.?21 (:12> 4>2292:@? @; %2?288 .:1 &20A>6@62? &;81 (:12> 4>2292:@? @; %205.?2**P,75GD;F;7EBGD5:3E76G@67D39D77?7@FEFAD7E7>>3@6,75GD;F;7EEA>6G@67D39D77?7@FEFA D7BGD5:3E7 5A>>75F;H7>K QD7BAER 3D7 355AG@F76 8AD 3E 5A>>3F7D3>;L76 8;@3@5;@9 FD3@E35F;A@E 3@6 3D7 D75AD6763FF:7;D5A@FD35F76D7E3>7ADD7BGD5:3E73?AG@FB>GE355DG76;@F7D7EF +7BAE3D7BD7E7@F76;@F:7 ,F3F7?7@F A8 ;@3@5;3>A@6;F;A@ A@ 3 @7F 43E;E 4K 5AG@F7DB3DFK I:7D7 B7D?;FF76 4K. , !) -:7 A?B3@K ?A@;FADE F:7 83;D H3>G7 A8 F:7 G@67D>K;@9 E75GD;F;7E 63;>K H7DEGE F:7 D7>3F76 D757;H34>7 AD B3K34>7 43>3@57E ,:AG>6 F:7 83;D H3>G7 A8 F:7 G@67D>K;@9 E75GD;F;7E 675>;@7 AD ;@5D73E7 366;F;A@3> 5A>>3F7D3>;ED7CG7EF76AD7J57EE5A>>3F7D3>;ED7FGD@76 3E3BBDABD;3F7 **"33?2@@6:4;32>6B.@6B26:.:06.8:?@>A92:@?.:1&20A>6@62?6:.:06:44>2292:@?**P-A?3@397 F:7 A?B3@KSE 7JBAEGD7 FA 5D76;F D;E= 3EEA5;3F76 I;F: ;FE 67D;H3F;H7 35F;H;F;7E 3@6 E75GD;F;7E 8;@3@5;@9 FD3@E35F;A@E F:7A?B3@K?3K7@F7D;@FA#@F7D@3F;A@3>,I3BE3@67D;H3F;H7EEA5;3F;A@ #@5 Q#,R ?3EF7D @7FF;@9 39D77?7@FE ?3EF7D D7BGD5:3E7 39D77?7@FE AD E;?;>3D 39D77?7@FE 3@6 5A>>3F7D3> 3DD3@97?7@FE I;F: 5AG@F7DB3DF;7E ?3EF7D 39D77?7@F 5D73F7E 3 E;@9>7 5A@FD35F G@67D I:;5: 3>> FD3@E35F;A@E 47FI77@ FIA 5AG@F7DB3DF;7E 3D7 7J75GF76 3>>AI;@9 8AD FD367 399D793F;A@ 3@6 3 E;@9>7 @7F B3K?7@F A4>;93F;A@ &3EF7D 39D77?7@FE BDAH;67 BDAF75F;A@;@ 43@=DGBF5K;@ 57DF3;@ 5;D5G?EF3@57E 3@6 I:7D7>793>>K 7@8AD5734>7 7@34>7 D757;H34>7E 3@6 B3K34>7EI;F:F:7 E3?7 5AG@F7DB3DFKFA 47 E7FF>76 AD AF:7DI;E7 7>;?;@3F76 4K 3BB>K;@9 3?AG@FE 6G7 393;@EF 3>> AD 3 BADF;A@ A8 3@ 3?AG@F 6G7 8DA? F:7 5AG@F7DB3DFKAD3F:;D6B3DFK .@67DF:7A?B3@KSE#,?3EF7D@7FF;@939D77?7@FE ;FFKB;53>>K3>EA7J75GF7E5D76;FEGBBADF3@@7J7E I:;5: BDAH;67 8AD 5A>>3F7D3> 7;F:7D ;@ F:7 8AD? A8 53E: AD E75GD;F;7E FA 47 BAEF76 4K AD B3;6 FA 3 5AG@F7DB3DFK 43E76 A@ F:7 83;D H3>G7 A8 F:7 67D;H3F;H7 D757;H34>7 AD B3K34>7 43E76 A@ F:7 D3F7E 3@6 B3D3?7F7DE7EF34>;E:76;@F:75D76;FEGBBADF3@@7J #@ F:7 7H7@F A8 F:7 5AG@F7DB3DFKSE 6783G>F BDAH;E;A@E A8 F:7 ?3EF7D 39D77?7@F B7D?;F 3557>7D3F;A@ 3@6 F7D?;@3F;A@A83>>AGFEF3@6;@9FD3@E35F;A@E5AH7D764KF:739D77?7@FEG5:F:3F3E;@9>73?AG@F;EAI76 4K ADFA F:7@A@6783G>F;@9B3DFK #@366;F;A@ 3@K5A>>3F7D3>BAEF7653@473BB>;76FAF:7@7FA4>;93F;A@E I;F:3@K7J57EED7FGD@763@6F:75A>>3F7D3>;L76B3DFK:3E3D;9:FFA>;CG;63F7F:75A>>3F7D3> @KD7E;6G3> 5>3;?38F7D@7FF;@9;EFD73F763>A@9I;F:AF:7DG@E75GD765>3;?E;@43@=DGBF5K5AGDF -:75A@6;F;A@EEGBBADF;@9F:7>793>D;9:FA8A88E7F?3KH3DK8DA?A@7>793>;FK A8 ?3EF7D @7FF;@9 39D77?7@FE 3@6 43@=DGBF5K >3IE ;@ 57DF3;@ 5AG@FD;7E AD ;@ 57DF3;@ ;@6GEFD;7E ;E @AF 8D77 8DA? 6AG4F -:7 D;9:F A8 A88E7F ;E 67B7@67@F 4AF: A@ 5A@FD35F >3I G@67D F:7 9AH7D@;@9 3DD3@97?7@F 3@6 5A@E;EF7@5K I;F: F:7 43@=DGBF5K >3IE A8 F:7 A53F76 #@6GEFDK >793> AB;@;A@E I;F: D7EB75F FA F:7 7@8AD5734;>;FK A8 57DF3;@ EF3@63D6 BDAH;E;A@E;@D7EB75F;H7;76GBA@3E3B3DFA8?3@39;@95D76;FD;E= #@53E7EI:7D7F:7 A?B3@K:3E@AF67F7D?;@763@39D77?7@FFA477@8AD5734>7 F:7D7>3F763?AG@FE3D7@AFA88E7F &3EF7D @7FF;@9 39D77?7@FE 3D7 3 5D;F;53> 5A?BA@7@F A8 F:7 A?B3@KSE D;E= ?3@397?7@F BDA57EE7E 3E B3DF A8 D76G5;@95AG@F7DB3DFK5D76;FD;E=3@6?3@39;@9>;CG;6;FKD;E= +787D FA 'AF7 7D;H3F;H7 ;@3@5;3> #@EFDG?7@FE 3@6 'AF7 A>>3F7D3>;L76 -D3@E35F;A@E 8AD 8GDF:7D ;@8AD?3F;A@ **:@.:46/82??2@?**P@;@F3@9;4>73EE7FI;F:3@;@678;@;F7GE78G>>;87;E@AF3?ADF;L764GF3EE7EE768AD ;?B3;D?7@F3@@G3>>K AD?AD78D7CG7@F>K I:7@7H7@FEAD5:3@97E;@5;D5G?EF3@57EA55GD;@6;53F;@9F:3F;F ;E?AD7>;=7>KF:3@ @AFF:3FF:7;@678;@;F7>;H76 3EE7F;E;?B3;D76 #?B3;D?7@F 7J;EFE I:7@F:7 53DDK;@9 3?AG@F7J5776E;FE 83;DH3>G7 #@F7EF;@9 8AD;?B3;D?7@F F:7A?B3@K:3EF:7ABF;A@FA 8;DEFB7D8AD?3 CG3>;F3F;H73EE7EE?7@FFA67F7D?;@7I:7F:7D;F;E?AD7>;=7>KF:3@@AFF:3F3@;?B3;D?7@F7J;EFE #8;F;E 67F7D?;@76F:3F;F;E@AF?AD7>;=7>KF:3@@AFF:3F3@;?B3;D?7@F7J;EFE 3CG3@F;F3F;H7;?B3;D?7@FF7EF;E @AF@757EE3DK #8;F;E5A@5>G676AF:7DI;E7 F:7A?B3@K;ED7CG;D76FAB7D8AD?3CG3@F;F3F;H7;?B3;D?7@F F7EF {11}------------------------------------------------ #### **!"'&'"&'' !'"!!"!'"!"!'!( !") %** #@F3@9;4>7 3EE7FE 3D7;@5>G676;@(F:7D 3EE7FE;@F:7 ,F3F7?7@F A8 ;@3@5;3>A@6;F;A@ -:7A?B3@KSE 3@@G3>;@678;@;F7>;H76;@F3@9;4>73EE7F;?B3;D?7@FF7EF;@963F7;EG9GEFEF -AF:77JF7@F3@;?B3;D?7@F >AEE;ED75A9@;L76 F:7>AEE7EF34>;E:7EF:7@7I5AEF43E;EA8F:73EE7FF:3F;E3?ADF;L76AH7DF:7D7?3;@;@9 GE78G>>;87A8F:3F3EE7F ;83@K ,G4E7CG7@FD7H7DE3>A8;?B3;D?7@F>AEE7E;E@AFB7D?;FF76 +787DFA'AF7 #@F3@9;4>7EE7FE8AD8GDF:7D;@8AD?3F;A@ **:0;92 '.D2?** P -:7 A?B3@KSE D7EG>FE A8 AB7D3F;A@E 3D7 ;@5>G676 ;@ F:7 5A@EA>;63F76 767D3> 3@6 3BB>;534>7EF3F7;@5A?7F3JD7FGD@E8;>764KF:7)3D7@F ?AG@FEBDAH;6768AD;@5A?7F3J7E3D743E76A@ ;@5A?7 D7BADF76 8AD 8;@3@5;3> EF3F7?7@F BGDBAE7E 3@6 6A @AF @757EE3D;>K D7BD7E7@F 3?AG@FE 5GDD7@F>K B3K34>7 787DD76 F3J 3EE7FE 3@6 >;34;>;F;7E 3D7 D75A9@;L76 8AD F:7 8GFGD7 F3J 5A@E7CG7@57E 3FFD;4GF34>7 FA 6;887D7@57E 47FI77@F:7 8;@3@5;3> EF3F7?7@F 53DDK;@9 3?AG@FE A8 7J;EF;@9 3EE7FE 3@6>;34;>;F;7E 3@6F:7;D D7EB75F;H7F3J43E7E 787DD76F3J3EE7FE3@6>;34;>;F;7E3D7?73EGD76GE;@97@35F76F3JD3F7E7JB75F76FA 3BB>KFAF3J34>7;@5A?7;@F:7K73DE;@I:;5:F:AE7F7?BAD3DK6;887D7@57E3D77JB75F76FA47D75AH7D76AD E7FF>76 -:7 D73>;L3F;A@ A8 6787DD76 F3J 3EE7FE ;E 3EE7EE76 3@6 3 H3>G3F;A@ 3>>AI3@57 ;E D75AD676 FA F:7 7JF7@FF:3F;F;E?AD7>;=7>KF:3@@AFF:3F3@KBADF;A@A8F:76787DD76F3J3EE7FI;>>@AF47D73>;L76 -:7 A?B3@K D75AD6E G@57DF3;@ F3J BAE;F;A@E GE;@9 3 FIAEF7B BDA57EE ; ;F 67F7D?;@7E I:7F:7D ;F ;E ?AD7>;=7>KF:3@ @AFF:3FF:7F3J BAE;F;A@EI;>> 47 EGEF3;@76 A@F:7 43E;E A8F:7F75:@;53>?7D;FE A8F:7 BAE;F;A@ 3@6 ;; 8AD F:AE7 F3J BAE;F;A@E F:3F ?77F F:7 ?AD7>;=7>KF:3@@AF D75A9@;F;A@ F:D7E:A>6 ;F D75A9@;L7E F:7 >3D97EF 3?AG@F A8 F3J 47@78;F F:3F ;E ?AD7 F:3@ B7D57@F >;=7>K FA 47 D73>;L76 GBA@ G>F;?3F7E7FF>7?7@FI;F:F:7D7>3F76F3J3GF:AD;FK **24.8%2?2>B2?**P#@F:7@AD?3>5AGDE7A84GE;@7EE F:7A?B3@K:3E477@@3?76 8DA?F;?7FAF;?7 3E 3 6787@63@F;@>793> 3@6 D79G>3FADK BDA5776;@9E -:7A?B3@K;E 3>EA;@HA>H76 8DA?F;?7FAF;?7 ;@ AF:7D 7J3?E ;@H7EF;93F;A@E 3@6 E;?;>3D D7H;7IE 4AF: 8AD?3> 3@6 ;@8AD?3> 4K 9AH7D@?7@F3> 3@6 E7>8 D79G>3FADK397@5;7ED793D6;@9;FE4GE;@7EE7E 57DF3;@A8I:;5:?3KD7EG>F;@7?7@FE 8;@7E B7@3>F;7EADAF:7D;@;34;>;FK8AD35A@F;@97@5K;@55DG767JB7@E7E3@6AF:7D>;34;>;F;7EI:7@;F;E BDA434>7 F:3F 3 >;34;>;FK :3E 477@ ;@5GDD76 3@6 F:7 3?AG@F A8 >AEE 53@ 47 D73EA@34>K 7EF;?3F76 #8 F:7 D73EA@34>77EF;?3F7A83BDA434>7>AEE;E3 D3@97 F:7A?B3@K355DG7EF:7?AEF>;=7>K3?AG@FA8EG5: >AEE 3@6;8EG5:3?AG@F;E@AF67F7D?;@34>7 F:7@F:7A?B3@K355DG7EF:7?;@;?G?;@F:7D3@973EF:7 >AEE 355DG3> -:7 67F7D?;@3F;A@ A8F:7 AGF5A?7 3@6>AEE 7EF;?3F7E D7CG;D7E E;9@;8;53@F;7H7EF:3F3@KAF:7D?3FF7DE8ADI:;5:;F:3E67F7D?;@763>AEEFA 47BDA434>73@6D73EA@34>K7EF;?34>73D7@AF?3F7D;3>FAF:7,F3F7?7@FA8 ;@3@5;3>A@6;F;A@ #@ ?3@K ;@EF3@57E ;F ;E @AF BAEE;4>7 FA 67F7D?;@7 I:7F:7D 3@K>AEE ;E BDA434>7 AD 7H7@ BAEE;4>7 AD FA 7EF;?3F7 F:7 3?AG@F A8 3@K >AEE AD F:7 E;L7 A8 3@K D3@97 A8 >AEE &3@397?7@F 47>;7H7E F:3F ;@ F:7 399D793F7 F:7 B7@6;@9 >793> 35F;A@E AD D79G>3FADK BDA5776;@9E 3@6 3@K AF:7D 7J3?E ;@H7EF;93F;A@E AD E;?;>3DD7H;7IE4AF:8AD?3>3@6;@8AD?3>E:AG>6@AF:3H73?3F7D;3>36H7DE778875FA@F:7,F3F7?7@FA8 ;@3@5;3> A@6;F;A@ #@ 366;F;A@ ?3@397?7@F 47>;7H7E F:3F 3@K 3?AG@F A8 BAF7@F;3> >AEE AD D3@97 A8 BAF7@F;3>>AEE;@7J57EEA8I:3F:3E477@BDAH;676;@F:7,F3F7?7@FA8 ;@3@5;3>A@6;F;A@F:3F5AG>647 D73EA@34>K7EF;?3F76;E@AF?3F7D;3> {12}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| 3E:;@43@=E |

| |-----------------------------|--------------| | &A@7K?3D=7F;@H7EF?7@FE |


| | -AF3>53E:3@653E:7CG;H3>7@FE |


| {13}------------------------------------------------ #### **!"'&'"&'' !'"!!"!'"!"!'!( !") %** @AFK7FBGD5:3E76 ### **%)(&"&(%&** -:78A>>AI;@9;E3EG??3DKA8F:7A?B3@KSE8;@3@5;3>3EE7FE3@6>;34;>;F;7EF:3F3D7355AG@F768AD3F83;D H3>G7A@3D75GDD;@943E;E3F'AH7?47D 4K>7H7>I;F:;@F:783;DH3>G7:;7D3D5:K;@F:AGE3@6E | | %7H7> | | %7H7> | | %7H7> | | AG@F7DB3DFK3@6
3E:A>>3F7D3>
'7FF;@9 | -AF3> | |--------------------------------------------|-------|--|-------|--|-------|--|-------------------------------------------|----------| | ??2@? | | | | | | | | | | ;@3@5;3>;@EFDG?7@FEAI@76 | | | | | | | | | | ADBAD3F77CG;FKE75GD;F;7E | | | | |
| | P |

| | . , 9AH7D@?7@FE75GD;F;7E |
| | P | | P | | P |

| | 7D;H3F;H7E | P | |
| |
| |

|
| | -AF3>8;@3@5;3>;@EFDG?7@FEAI@76 |
| |
| |
| |

|
| | 6./686@62? | | | | | | | | | | ;@3@5;3>;@EFDG?7@FEEA>6
@AFK7FBGD5:3E76 | | | | | | | | | | ADBAD3F77CG;FKE75GD;F;7E | | | P | | P | | P |

| | ADBAD3F7674FE75GD;F;7E | P | |
| | P | | P |

| | . , 9AH7D@?7@FE75GD;F;7E |
| | P | | P | | P |

| | 7D;H3F;H7E | P | |
| |
| |

|
| | -AF3>8;@3@5;3>;@EFDG?7@FEEA>6 | | | | | | | | | +7BD7E7@FE5AG@F7DB3DFK3@653E:5A>>3F7D3>@7FF;@935DAEEF:7>7H7>EA8F:783;DH3>G7:;7D3D5:K8ADBAE;F;A@EI;F:F:7E3?7 5AG@F7DB3DFK -:78A>>AI;@9;E367E5D;BF;A@A8F:7H3>G3F;A@43E;E ;@5>G6;@9H3>G3F;A@F75:@;CG7E3@6;@BGFE GE76;@ ?73EGD;@9F:7A?B3@KSE8;@3@5;3>3EE7FE3@6>;34;>;F;7EF:3F3D7355AG@F768AD3F83;DH3>G7A@3D75GDD;@9 43E;E ### *"#"&# "!* - N J5:3@97-D3676 CG;FK ,75GD;F;7E J5:3@97FD3676 7CG;FK E75GD;F;7E 3D7 ?73EGD76 43E76 A@ CGAF765>AE;@97J5:3@97 BD;57E I:;5:3D7 97@7D3>>K A4F3;@76 8DA?7JF7D@3> BD;5;@9 E7DH;57E 3@6 3D7 53F79AD;L76 I;F:;@ %7H7> A8F:7 83;D H3>G7 :;7D3D5:K AF:7DI;E7F:7K 3D7 53F79AD;L76 I;F:;@ %7H7> A8 F:7 83;D H3>G7 :;7D3D5:K -A F:7 7JF7@F F:7E7 E75GD;F;7E 3D7 35F;H7>K FD3676 H3>G3F;A@ 36;76 - N 'A@J5:3@97-D3676 CG;FK ,75GD;F;7E 'A@7J5:3@97FD3676 7CG;FK E75GD;F;7E 3D7 ?73EGD76 I:7D7 3H3;>34>7 GE;@9 4DA=7D CGAF3F;A@E BD;5;@9 63F3 8DA? 7JF7D@3> BD;5;@9 E7DH;57E 3@6 BD;57E A4E7DH768DA?D757@F>K7J75GF76?3D=7FFD3@E35F;A@E3@63D753F79AD;L76I;F:;@%7H7>A8F:783;D H3>G7:;7D3D5:K 0:7D7EG5:;@8AD?3F;A@;E@AF3H3;>34>7 @A@7J5:3@97FD36767CG;FKE75GD;F;7E3D7 53F79AD;L76 I;F:;@ %7H7> A8 F:7 83;D H3>G7 :;7D3D5:K 3@6 ?73EGD76 GE;@9 H3>G3F;A@ F75:@;CG7E ;@HA>H;@9 CGAF76 BD;57E A8 AD?3D=7F 63F3 8AD5A?B3D34>75A?B3@;7E E;?;>3D5A?B3@K D3F;AE3@6 ?G>F;B>7E *--* BD;57 3D@;@9E 478AD7 ;@F7D7EF F3J7E 67BD75;3F;A@ 3@6 3?ADF;L3F;A@ Q#-R BD;57 4AA=H3>G7 6;E5AG@F7653E:8>AI3@3>KE7E3@6FD3@E35F;A@BD;57EA4E7DH768DA?EG4E7CG7@F 8;@3@5;@9AD53B;F3>;EEG3@574KF:75A?B3@K 0:7@GE;@9BD;5;@963F3A85A?B3D34>75A?B3@;7E ;76 FA 367 E75GD;FK *--* ;EEG7D?3D=7F 53B;F3>;L3F;A@ K;7>6 6;H;67@6 D3F7 97A9D3B:;53>5A@57@FD3F;A@ {14}------------------------------------------------ #### **!"'&'"&'' !'"!!"!'"!"!'!( !") %** #### *""# "!* - N #@H7EF?7@F !D367 ADBAD3F7 A@6E #@H7EF?7@F 9D367 5ADBAD3F7 4A@6E 3D7 ?73EGD76 BD;?3D;>K GE;@9 BD;5;@9 63F3 8DA? 7JF7D@3> BD;5;@9 E7DH;57E 3@6 4DA=7D CGAF3F;A@E I:7D7 3H3;>34>7 BD;57E A4E7DH768DA?D757@F>K7J75GF76?3D=7FFD3@E35F;A@E3@64A@6EBD736E #@H7EF?7@F9D3675ADBAD3F7 4A@6E ?73EGD76 GE;@9 F:7E7 H3>G3F;A@ ?7F:A6E 3D7 53F79AD;L76 I;F:;@ %7H7> A8 F:7 83;D H3>G7 :;7D3D5:K #8 4DA=7D CGAF7E BD;5;@9 63F3 AD EBD736 63F3 ;E @AF 3H3;>34>7 3>F7D@3F;H7 H3>G3F;A@ F75:@;CG7E ?3K 47 GE76 #@H7EF?7@F 9D367 5ADBAD3F7 4A@6E ?73EGD76 GE;@9 3>F7D@3F;H7 H3>G3F;A@ F75:@;CG7E3D753F79AD;L76I;F:;@%7H7>AD%7H7>A8F:783;DH3>G7:;7D3D5:K - N ";9: 1;7>6 ADBAD3F7 3@6 A@H7DF;4>7 A@6E >> A8 F:7 A?B3@KSE :;9: K;7>6 5ADBAD3F7 3@6 5A@H7DF;4>7 4A@6E 3D7 53F79AD;L76 I;F:;@ %7H7> A8 F:7 83;D H3>G7 :;7D3D5:K 3@6 3D7 ?73EGD76 BD;?3D;>KGE;@94DA=7DCGAF3F;A@E3@6BD;5;@963F38DA?7JF7D@3>BD;5;@9E7DH;57E I:7D73H3;>34>7 3@6BD;57EA4E7DH768DA?D757@F>K7J75GF76?3D=7FFD3@E35F;A@EA8;@EF;FGF;A@3>E;L7 - *--\$ "# "!* - N . , -D73EGDK ,75GD;F;7E . , -D73EGDK E75GD;F;7E 3D7 ?73EGD76 43E76 A@ CGAF76 ?3D=7F BD;57E A4F3;@768DA?7JF7D@3>BD;5;@9E7DH;57E3@653F79AD;L76I;F:;@%7H7>A8F:783;DH3>G7:;7D3D5:K #### *\$"\$!* - N %;EF767D;H3F;H7A@FD35FE%;EF7667D;H3F;H75A@FD35FEF:3F3D735F;H7>KFD36763D7?73EGD7643E76 A@ CGAF76 7J5:3@97 BD;57E 4DA=7D CGAF7E AD H3@;>>3 ABF;A@ H3>G3F;A@ ?A67>E EG5: 3E >35= ,5:A>7E GE;@9A4E7DH34>7H3>G3F;A@;@BGFE8DA?F:7BD;@5;B3>?3D=7FAD5A@E7@EGEBD;5;@9E7DH;57E J5:3@97CGAF7E3@6 ADH3>G3F;A@;@BGFE3D797@7D3>>KA4F3;@768DA?7JF7D@3>H7@6ADE3@6BD;5;@9 E7DH;57E DA=7D CGAF7E 3D7 H3>;63F76 6;D75F>K F:DAG9: A4E7DH34>7 3@6 FD36734>7 CGAF7E %;EF76 67D;H3F;H75A@FD35FEF:3FGE77J5:3@975>AE7BD;57E3D797@7D3>>K53F79AD;L76I;F:;@%7H7>A8F:7 83;DH3>G7:;7D3D5:K >>AF:7D>;EF7667D;H3F;H75A@FD35FE3D797@7D3>>K53F79AD;L76I;F:;@%7H7>A8 F:783;DH3>G7:;7D3D5:K - N (H7DF:7AG@F7D Q(-R 7D;H3F;H7 A@FD35FE (- 67D;H3F;H7 5A@FD35FE 3D7 97@7D3>>K H3>G76 GE;@9 ?A67>E I:AE7 ;@BGFE D78>75F 3EEG?BF;A@E F:3F F:7 A?B3@K 47>;7H7E ?3D=7F B3DF;5;B3@FE IAG>6GE7;@H3>G;@9F:767D;H3F;H7;@35GDD7@FFD3@E35F;A@ 0:7D73H3;>34>7 H3>G3F;A@;@BGFE3D7 53>;4D3F768DA?A4E7DH34>7?3D=7F63F3 AD?3@K(-67D;H3F;H75A@FD35FE F:7H3>G3F;A@?A67>E 6A@AF;@HA>H7?3F7D;3>EG4<75F;H;FK3EF:7?7F:A6A>A9;7E6A@AF7@F3;>E;9@;8;53@FG3F;A@ ?A67>E 6A @AF ;@HA>H7 3 :;9: 679D77 A8 EG4<75F;H;FK 3E F:7 H3>G3F;A@ ?A67> ;@BGFE 3D7 D736;>K A4E7DH34>7 AD 53@ 47 67D;H76 8DA? 35F;H7>K CGAF76 ?3D=7FE (- 67D;H3F;H7 5A@FD35FE3D7BD;?3D;>K53F79AD;L76I;F:;@%7H7>A8F:783;DH3>G7:;7D3D5:K9;H7@F:7A4E7DH34;>;FK 3@6E;9@;8;53@57A8F:7;@BGFEFAF:7H3>G3F;A@?A67>E 0:7D7E;9@;8;53@F;@BGFEFAF:7H3>G3F;A@3D7 G@A4E7DH34>7 67D;H3F;H7;@EFDG?7@FE3D753F79AD;L76I;F:;@%7H7>A8F:783;DH3>G7:;7D3D5:K (- ABF;A@E ;@5>G67 (- 7CG;FK 8AD7;9@ 7J5:3@97 3@6 ;@F7D7EF D3F7 ABF;A@E ?73EGD76 GE;@9 H3D;AGEH3>G3F;A@?A67>E EG5:3E>35=,5:A>7E I;F:=7K;@BGFE;@5>G6;@9F:7G@67D>K;@9E75GD;FK BD;57 8AD7;9@ 7J5:3@97 EBAF D3F7 ;?B>;76 HA>3F;>;FK ;@F7D7EF D3F7 5GDH7 EFD;=7 BD;57 3@6?3FGD;FK 63F7 ;E5AG@F76 53E: 8>AI ?A67>E 3D7 GF;>;L76 FA ?73EGD7 57DF3;@ (- 67D;H3F;H7 5A@FD35FE ;@5>G6;@9F:7H3>G3F;A@EA8F:7A?B3@KSE;@F7D7EFD3F7EI3BE I:;5:;@5ADBAD3F7A4E7DH34>7;@BGFE D7>3F76FA;@F7D7EFD3F75GDH7E 3@6H3>G3F;A@EA8F:7A?B3@KSE8AD7;9@7J5:3@978ADI3D6E I:;5: ;@5ADBAD3F7A4E7DH34>7;@BGFED7>3F76FA8AD7;9@5GDD7@5KEBAFD3F7E3@68ADI3D65GDH7E {15}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| .6>).8A2
6:.:06.8:?@>A92:@?&;81

6:@5;A?.:1? | | ).8A.@6;:'205:6=A2 | &64:6360.:@(:;/?2>B./82
:? | :%.:42 | *2645@21
B2>.42 | | |-------------------------------------------------------|--|------------------------|--------------------------------------|---------------|--------------------|--| | ;><;>.@22=A6@E?20A>6@62? | |
| | | | | | 'A@7J5:3@97FD3676
E75GD;F;7E | | &3D=7F3BBDA35: | )D;57 | | P | | | 2>6B.@6B2? | |
| | | | | | ?476676ABF;A@E | | &3D=7F3BBDA35: | 3E;EBA;@FEGB8DA@F | | | | | CG;FKABF;A@E | | /A>3F;>;FK47@5:?3D=;@9 | /A>3F;>;FK | | P | | | 6:.:06.8:?@>A92:@?&;81!;@,2@#A>05.?21 | | | | | | | | 2>6B.@6B2? | |
| | | | | | ?476676ABF;A@E | | &3D=7F3BBDA35: | 3E;EBA;@FEGB8DA@F | | | | | CG;FKABF;A@E | | /A>3F;>;FK47@5:?3D=;@9 | /A>3F;>;FK | | | | #### *""& #!# " !"! \$ #"!* AD D75GDD;@9 83;D H3>G7 ?73EGD7?7@FE 53F79AD;L76 I;F:;@ %7H7> A8 F:7 83;D H3>G7 :;7D3D5:K F:7 G@57DF3;@FK A8 F:7 83;D H3>G7 ?73EGD7?7@F FA 5:3@97E ;@ E;9@;8;53@F G@A4E7DH34>7 ;@BGFE 3@6 ;@F7DD7>3F;A@E:;BE47FI77@F:AE7G@A4E7DH34>7;@BGFE;83@K3D767E5D;47647>AI - N ADBAD3F77CG;FKE75GD;F;7E3@657DF3;@67D;H3F;H7EGE;@93?3D=7F3BBDA35:H3>G3F;A@F75:@;CG7 E;9@;8;53@F;@5D73E7675D73E7;@F:7BD;57A8@A@7J5:3@97FD3676E75GD;F;7EIAG>6D7EG>F;@3 E;9@;8;53@F>K:;9:7D>AI7D83;DH3>G7?73EGD7?7@F 7B7@6;@9A@I:7F:7DI73D73D757;H7DAD B3K7DA843E;EBA;@FEGB8DA@F 3E;9@;8;53@F;@5D73E7;@43E;EBA;@FEIAG>6D7EG>F;@3E;9@;8;53@F ;@5D73E7675D73E7;@F:783;DH3>G7?73EGD7?7@FA8ABF;A@E - N 7D;H3F;H7 7CG;FK ABF;A@E GE;@9 HA>3F;>;FK 47@5:?3D=;@9 E;9@;8;53@F ;@5D73E7 675D73E7 ;@ HA>3F;>;FKIAG>6D7EG>F;@3E;9@;8;53@F>K:;9:7D>AI7D83;DH3>G7?73EGD7?7@F {16}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{17}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| | 'AH7?47D
| | | | | | | | | |---------------------------------------------------|--------------|----------|----------------------|----------|-------------|----------------------|--|--|--| | | | | EE7FE | | %;34;>;F;7E | | | | | | CG;FK5A@FD35FE | | 3;D/3>G7 | 'G?47DA8
A@FD35FE | 3;D/3>G7 | | 'G?47DA8
A@FD35FE | | | | | | | | | | | | | | | | J5:3@97FD3676 | |
|

| |
|

| | | | | ;>3F7D3>(- | |
|

| |
|

| | | | | #@F7D7EFD3F75A@FD35FE | | | | | | | | | | | J5:3@97FD3676 | | P |

| | P |

| | | | | >73D76(- | |

|

| |

|

| | | | | ;>3F7D3>(- | |

|
| |

|
| | | | | AD7;9@7J5:3@975A@FD35FE | | | | | | | | | | | ;>3F7D3>(- | |
|

| |
|

| | | | | D76;F5A@FD35FE | | | | | | | | | | | >73D76(- | |
|
| |
|
| | | | | ;>3F7D3>(- | | P |
P | |
|
| | | | | -AF3>9DAEE67D;H3F;H73EE7FE >;34;>;F;7E | | | | | | | | | | | J5:3@97FD3676 | |
| | |
| | | | | | >73D76(- | |

| | |

| | | | | | ;>3F7D3>(- | |

| | |

| | | | | | ?AG@FEA88E7F;@F:7,F3F7?7@F
A8 ;@3@5;3>A@6;F;A@ | | | | | | | | | | | J5:3@97FD3676 | |
| | |
| | | | | | >73D76(- | |

| | |

| | | | | | ;>3F7D3>(- | |

| | |

| | | | | | '7F3?AG@FEB7D,F3F7?7@FA8
;@3@5;3>A@6;F;A@ | |
| | |
| | | | | J5:3@97FD367667D;H3F;H7E;@5>G6767D;H3F;H7E7J75GF76A@3@AD93@;L767J5:3@97 >73D76(-67D;H3F;H7E ;@5>G67 67D;H3F;H7E 7J75GF76 4;>3F7D3>>K 3@6 EG4E7CG7@F>K @AH3F76 FA 3@6 5>73D76 F:DAG9: 57@FD3> 5>73D;@9 5AG@F7DB3DF;7E ;>3F7D3>(-67D;H3F;H7E;@5>G6767D;H3F;H7E7J75GF763@6E7FF>764;>3F7D3>>KI;F:AGFF:7GE7A8 3@AD93@;L767J5:3@97AD57@FD3>5>73D;@95AG@F7DB3DFK 'G?47D A8 7J5:3@97FD3676 5A@FD35FE ?3K;@5>G67 AB7@ 8GFGD7E 5A@FD35FE -:7 G@E7FF>76 83;D H3>G7 A8F:7E7 8GFGD7E5A@FD35FE;E;@5>G676;@+757;H34>7E8DA? )3K34>7EFA4DA=7DE 673>7DE3@65>73D;@9AD93@;L3F;A@E;@F:7 ,F3F7?7@FA8 ;@3@5;3>A@6;F;A@ ?AG@FE@7FF76;@5>G674AF:@7FF;@94K5AG@F7DB3DFK3@68AD53E:5A>>3F7D3>B3;6ADD757;H76 -:7A?B3@K:3E@AFD757;H76ADB>76976366;F;A@3>5A>>3F7D3>G@67D?3EF7D@7FF;@939D77?7@FE3@6 ADAF:7D 5D76;FEGBBADF39D77?7@FEF:3F;E7>;9;4>7FA47A88E7F47KA@6I:3F:3E477@A88E7F;@F:7,F3F7?7@FA8 ;@3@5;3> A@6;F;A@ {18}------------------------------------------------ #### **!"'&'"&'' !'"!!"!'"!"!'!( !") %** *\$"\$!-* -:7 F34>7 47>AI E7FE 8ADF: 4K D7?3;@;@9 5A@FD35F ?3FGD;FK F:7 83;D H3>G7 A8 (- 67D;H3F;H73EE7FE3@6>;34;>;F;7E3F'AH7?47D ;@F:AGE3@6E | | (-7D;H3F;H7EE7FE | | | | | | | | | | | |----------------------------------------------------------------|------------------|---------|--|--------|----------------------|------|-----------------------------|------|--|----------|--| | | | O&A@F:E | | O173DE | !D73F7D-:3@
173DE | | DAEE
&3FGD;FK
'7FF;@9 | | | -AF3> | | | CG;FKABF;A@E3@68ADI3D6E | |
| | | | P | |
| |
| | | D76;F6783G>FEI3BE | | P | | | | P | | | | | | | -AF3>D7FGD@EI3BE | |
| |
| | P | |
| |
| | | AD7;9@5GDD7@5KEI3BE3@6
8ADI3D6E | |
| |
| | P | | P | |
| | | #@F7D7EFD3F7EI3BE
ABF;A@E3@6
8ADI3D6E | |
| |
| |
| |
| |

| | | -AF3> | |
| |
| |
| |
| |

| | | DAEEBDA6G5F5AG@F7DB3DFK
@7FF;@9
-AF3>(-67D;H3F;H7E3EE7FE | | | | | | | | | |
| | | ;@5>G676;@ ;@3@5;3>
;@EFDG?7@FEAI@76 | | | | | | | | | |

| | F 'AH7?47D F:7 A?B3@K :7>6 7J5:3@97FD3676 67D;H3F;H7 3EE7FE I;F: 3 83;D H3>G7 A8 ?;>>;A@ I:;5:3D7@AF;@5>G676;@F:;EF34>7 (-67D;H3F;H73EE7FE;@F:7F34>734AH73D79DAEEA85A>>3F7D3> D757;H76 (-67D;H3F;H73EE7FE3D7 D75AD676 @7F A8 5A>>3F7D3> D757;H76 ;@ F:7 ,F3F7?7@F A8 ;@3@5;3> A@6;F;A@ F 'AH7?47D 53E: 5A>>3F7D3> D757;H76I3E 4;>>;A@ 7D;H3F;H783;DH3>G7E;@5>G675AG@F7DB3DFK@7FF;@9I;F:;@BDA6G5F53F79ADK ?AG@FED7BD7E7@FF:7@7FF;@9A8D757;H34>743>3@57EI;F:B3K34>743>3@57E8ADF:7E3?75AG@F7DB3DFKI;F:;@ BDA6G5F53F79ADK35DAEE?3FGD;FK53F79AD;7E {19}------------------------------------------------ #### **!"'&'"&'' !'"!!"!'"!"!'!( !") %** | | (-7D;H3F;H7%;34;>;F;7E | | | | | | | | | | |-----------------------------------------------------------------------------------|------------------------|--|--------|----------------------|------|-----------------------------|------|--|----------|--| | | O&A@F:E | | O173DE | !D73F7D-:3@
173DE | | DAEE
&3FGD;FK
'7FF;@9 | | | -AF3> | | | CG;FKABF;A@E3@68ADI3D6E |

| |
| |
| |
| |
| | | D76;F6783G>FEI3BE |
| | | | | | | |
| | | -AF3>D7FGD@EI3BE |

| |
| | P | |
| |
| | | AD7;9@5GDD7@5KEI3BE3@6
8ADI3D6E |

| |
| | P | | P | |
| | | #@F7D7EFD3F7EI3BE
ABF;A@E3@6
8ADI3D6E |

| |
| |
| |
| |
| | | -AF3> |

| |
| |
| |
| |

| | | DAEEBDA6G5F5AG@F7DB3DFK
@7FF;@9 | | | | | | | | |
| | | -AF3>(-67D;H3F;H7E>;34;>;F;7E
;@5>G676;@ ;@3@5;3>
;@EFDG?7@FEEA>6
K7F@AF | | | | | | | | | | | | BGD5:3E76 | | | | | | | | |

| | F 'AH7?47D F:7 A?B3@K :7>6 7J5:3@97FD3676 67D;H3F;H7 >;34;>;F;7E I;F: 3 83;D H3>G7 A8 ?;>>;A@ I:;5:3D7@AF;@5>G676;@F:;EF34>7 (- 67D;H3F;H7 >;34;>;F;7E ;@ F:7 F34>7 34AH7 3D7 9DAEE A8 5A>>3F7D3> D757;H76 (- 67D;H3F;H7 >;34;>;F;7E 3D7 D75AD676 @7F A8 5A>>3F7D3> B>76976 ;@ F:7 ,F3F7?7@F A8 ;@3@5;3> A@6;F;A@ F 'AH7?47D 53E: 5A>>3F7D3>B>76976I3E ?;>>;A@ - 7D;H3F;H783;DH3>G7E;@5>G675AG@F7DB3DFK@7FF;@9I;F:;@BDA6G5F53F79ADK - ?AG@FED7BD7E7@FF:7@7FF;@9A8D757;H34>743>3@57EI;F:B3K34>743>3@57E8ADF:7E3?75AG@F7DB3DFKI;F:;@ BDA6G5F53F79ADK35DAEE?3FGD;FK53F79AD;7E -:7 8A>>AI;@9 F34>7 BD7E7@FE F:7 5AG@F7DB3DFK 5D76;F CG3>;FK I;F: D7EB75F FA F:7 83;D H3>G7 A8 F:7 A?B3@KSE(-67D;H3F;H73EE7FE3F'AH7?47D ;@F:AGE3@6E AG@F7DB3DFK5D76;FCG3>;FK | AD:;9:7D |

| |----------|--------------| | FA |

| | AD>AI7D |

| | .@D3F76 |

| | -AF3> |


| -:7A?B3@K GF;>;L7E;@F7D@3> 5D76;F D3F;@9E 67F7D?;@76 4K;FE+;E=&3@397?7@F 67B3DF?7@F D76;F D3F;@9E 67F7D?;@76 4K +;E= &3@397?7@F GE7 ?7F:A6A>A9;7E F:3F BDA6G57 D3F;@9E 97@7D3>>K 5A@E;EF7@F I;F: F:AE7 BDA6G5764K7JF7D@3>D3F;@9397@5;7E {20}------------------------------------------------ #### **!"'&'"&'' !'"!!"!'"!"!'!( !") %** #### *\$&&\$(&(! &\$&%* -:77JF7D@3>5D76;FD3F;@9EA8F:7G@67D>K;@9EADD787D7@5763EE7FE8ADF:7A?B3@KSEID;FF7@5D76;FD7>3F76 67D;H3F;H75A@FD35FE;@?;>>;A@E | | 'AH7?47D
| | | | | | | |-------------------------|---------------------|------------------------|--|--|---------------|--|--| | | JF7D@3>D76;F+3F;@9 | | | | | | | | | #@H7EF?7@F
!D367 | 'A@;@H7EF?7@F
!D367 | | | -AF3>'AF;A@3> | | | | D76;FBDAF75F;A@EA>6 | | | | | | | | | #@67J5D76;F6783G>FEI3BE |

| | | |
| | | ### *! & & &'\$%* 7DF3;@ A8F:7A?B3@KSE 67D;H3F;H7;@EFDG?7@FE5A@F3;@ BDAH;E;A@EF:3F D7CG;D7;FE 674FFA?3;@F3;@3@ ;@H7EF?7@F9D3675D76;FD3F;@98DA?735:A8F:7?3> 47>AI;@H7EF?7@F 9D367 ;F IAG>6 47;@ H;A>3F;A@ A8F:7E7 BDAH;E;A@E 3@6F:7 5AG@F7DB3DF;7EFAF:7 67D;H3F;H7 ;@EFDG?7@FE 5AG>6 D7CG7EF ;??76;3F7 B3K?7@F AD 67?3@6 ;??76;3F7 3@6 A@9A;@9 8G>> AH7D@;9:F5A>>3F7D3>;L3F;A@A@F:7A?B3@KSE67D;H3F;H7;@EFDG?7@FE;@>;34;>;FKBAE;F;A@E -:78A>>AI;@9 F34>7 BD7E7@FE F:7 399D793F7 83;D H3>G7 A8 3>> 67D;H3F;H7 ;@EFDG?7@FE I;F: EG5: 5D76;FD;E=D7>3F76 5A@F;@97@F 873FGD7E F:3F 3D7 ;@ 3 >;34;>;FK BAE;F;A@ F:7 5A>>3F7D3> 3?AG@FE F:7 A?B3@K :3E BAEF76 AD D757;H76;@F:7@AD?3>5AGDE7A84GE;@7EE3@6F:7BAF7@F;3>5A>>3F7D3>;FIAG>6:3H7477@D7CG;D76FAD7FGD@ 3@6 ADBAEF366;F;A@3>>KFA;FE5AG@F7DB3DF;7E;8F:75D76;FD;E=D7>3F765A@F;@97@F873FGD7EG@67D>K;@9F:7E7 39D77?7@FEI7D7FD;997D76;@?;>>;A@E | | 'AH7?47D
| | | | |---------------------------------------------------------------------------------------------------|--------------|--|--|--| | 7D;H3F;H7;@EFDG?7@F>;34;>;F;7EI;F:5D76;FD;E=D7>3F765A@F;@97@F873FGD7E | | | | | | A>>3F7D3>BAEF76 | | | | | | A>>3F7D3>D757;H76 | | | | | | +7FGD@A83@6366;F;A@3>5A>>3F7D3>D7CG;D76;@F:77H7@FA835D76;FD3F;@96AI@9D36747>AI
;@H7EF?7@F9D367 | | | | | -:7E7BAF7@F;3>AGF8>AIE;@5>G67;@;F;3>?3D9;@D757;H768DA?5AG@F7DB3DF;7E3FF:77J75GF;A@A8F:767D;H3F;H7 5A@FD35F -:7;@;F;3>?3D9;@I;>>47D7FGD@76;85AG@F7DB3DF;7E7>75FFAF7D?;@3F7F:75A@FD35F38F7D36AI@9D367 #### **"'%-'%!&'"!&** -:7A?B3@KSED7BGD5:3E739D77?7@FE3@6E75GD;F;7E>7@6;@93DD3@97?7@FE3D797@7D3>>KD75AD6763F5AEF ;@F:7,F3F7?7@FA8 ;@3@5;3>A@6;F;A@ I:;5:;E3D73EA@34>73BBDAJ;?3F;A@A8F:7;D83;DH3>G7E6G7FA F:7;D E:ADFF7D? @3FGD7 -:7 A?B3@K ?A@;FADE ;FE 7JBAEGD7 FA 5D76;F D;E= 3EEA5;3F76 I;F: F:7E7 FD3@E35F;A@E 4K 7@F7D;@9 ;@FA ?3EF7D @7FF;@9 39D77?7@FE -:7 A?B3@K B>7697E E75GD;F;7E 3E 5A>>3F7D3> G@67D F:7E7 E75GD76 3DD3@97?7@FE -:7 39D77?7@FE I;F: 5AG@F7DB3DF;7E 97@7D3>>K 5A@F3;@ 5A@FD35FG3> BDAH;E;A@E3>>AI;@9F:75AG@F7DB3DFKF:7D;9:FFAE7>>ADD7B>7697F:75A>>3F7D3> {21}------------------------------------------------ #### **!"'&'"&'' !'"!!"!'"!"!'!( !") %** -:7 8A>>AI;@9 F34>7E E7F 8ADF: F:7 53DDK;@9 H3>G7 A8 E75GD;F;7E >7@6;@9 3DD3@97?7@FE 3@6 D7BGD5:3E7 39D77?7@FE4K5>3EEA85A>>3F7D3>B>769763@6 D7?3;@;@95A@FD35FG3>?3FGD;FK3F'AH7?47D ;@ F:AGE3@6E | | ,75GD;F;7E
%7@6;@9
DD3@97?7@FE | +7BGD5:3E7
9D77?7@FE | -AF3> | |------------------------------------------|--------------------------------------|-------------------------|----------| | A>>3F7D3>)>76976 | | | | | ADBAD3F77CG;FKE75GD;F;7E |

|
P |

| | . , 9AH7D@?7@F3@68767D3>397@5KE75GD;F;7E |
P |

|

| | -AF3> |

|

|

| | | | | | | | A@FD35FG3>&3FGD;FK | | | | | | | | | | | | |-----------------------------------|--------------------|---------------------------|--|---------|-----|---|--|--------------------|--|-------|--|--| | | | (H7D@;9:F3@6
A@F;@GAGE | | .BFA3KE | 3KE | | | !D73F7DF:3@
3KE | | -AF3> | | | | ,75GD;F;7E>7@6;@9
3DD3@97?7@FE | |
| | P | | P | | P | |
| | | | +7BGD5:3E739D77?7@FE | |
| | P | | P | | P | |
| | | | -AF3> | |
| | P | | P | | P | |
| | | -:7 A?B3@K D757;H7E E75GD;F;7E 3E 5A>>3F7D3> G@67D E75GD;F;7E >7@6;@9 3DD3@97?7@FE 3@6 D7E3>7 39D77?7@FE #@ ?3@K ;@EF3@57E F:7 A?B3@K ;E B7D?;FF76 4K 5A@FD35F FA D7:KBAF:753F7 F:7 E75GD;F;7E D757;H76 3E 5A>>3F7D3> -:7E7 E75GD;F;7E ?3K 47 GE76 FA E75GD7 D7BGD5:3E7 39D77?7@FE E3F;E8K ?3D9;@ D7CG;D7?7@FEA@67D;H3F;H7FD3@E35F;A@EAD5AH7DE:ADFBAE;F;A@E ### *!""# "! "!* -A?3@397F:7A?B3@KSE7JBAEGD7FA5D76;FD;E=3EEA5;3F76I;F:E75GD;F;7E8;@3@5;@9FD3@E35F;A@E ;F?3K 7@F7D ;@FA ?3EF7D @7FF;@9 39D77?7@FE 3@6 5A>>3F7D3> 3DD3@97?7@FE I;F: 5AG@F7DB3DF;7E !7@7D3>>K FD3@E35F;A@E 3D7 7J75GF76 G@67D EF3@63D6 ;@6GEFDK 39D77?7@FE ;@5>G6;@9 4GF @AF >;?;F76 FA ?3EF7D D7BGD5:3E739D77?7@FE ,77'AF7 ,;9@;8;53@F55AG@F;@9)A>;5;7E8AD366;F;A@3>;@8AD?3F;A@D793D6;@9 F:7A88E7FF;@9A8E75GD;F;7E8;@3@5;@939D77?7@FE {22}------------------------------------------------ #### **!"'&'"&'' !'"!!"!'"!"!'!( !") %** -:7 8A>>AI;@9 F34>7 BDAH;67E ;@8AD?3F;A@ D793D6;@9 D7BGD5:3E7 39D77?7@FE 3@6 E75GD;F;7E >7@6;@9 3DD3@97?7@FEF:3F 3D7 D75A9@;L76;@F:7 ,F3F7?7@F A8 ;@3@5;3>A@6;F;A@ 3@6 F:7 7JF7@FFA I:;5: G@67D 7@8AD5734>7 ?3EF7D @7FF;@9 3DD3@97?7@FE EG5: 43>3@57E 3D7 BD7E7@F76 @7F ;@ F:7 ,F3F7?7@F A8 ;@3@5;3>A@6;F;A@3E3BBDABD;3F7 G@67D. , !)3@6 F:77JF7@FFAI:;5: AF:7D D;9:FE A8 E7FA88 3EEA5;3F76I;F:F:7E73DD3@97?7@FE7J;EF3@65AG>6:3H73@78875FA@F:7A?B3@KSE8;@3@5;3>BAE;F;A@;@ F:AGE3@6E | | 'AH7?47D
| | | | | | | | | | | | | |-------------------------------|-----------------|--|--------------------------------------------------|---|--|--------------------------------------------------------|--|----------------------------------------------|--|-----------------------|--|----------|--| | | !DAEE
?AG@FE | | '7FF;@9;@
,F3F7?7@FA8
;@3@5;3>
A@6;F;A@ | | | '7F?AG@FE
;@
,F3F7?7@FA8
;@3@5;3>
A@6;F;A@ | | 66;F;A@3>
?AG@FE
H3;>34>78AD
,7FA88 | | H3;>34>7
A>>3F7D3> | | '7F?AG@F | | | ??2@? | | | | | | | | | | | | | | | +7H7DE7D7BGD5:3E739D77?7@FE | | | | P | |
| |
| |
| | | | | 6./686@62? | | | | | | | | | | | | | | | ,75GD;F;7E>7@6;@93DD3@97?7@FE | | | | P | |
| | P | |
| | P | | | +7BGD5:3E739D77?7@FE | | | | P | |
| |
| | P | | | | - .@67D ?3EF7D @7FF;@9 39D77?7@FE I;F: ;FE 5AG@F7DB3DF;7E F:7 A?B3@K :3E F:7 >793> D;9:F A8 A88E7F I;F: 3 5AG@F7DB3DFK I:;5: ;@5ADBAD3F7E 3>> A8 F:7 5AG@F7DB3DFKSE AGFEF3@6;@9 D;9:FE 3@6 A4>;93F;A@E G@67D F:7 3DD3@97?7@F -:7E743>3@57ED78>75F366;F;A@3>5D76;FD;E=?;F;93F;A@F:3F;E3H3;>34>74K35AG@F7DB3DFK;@F:7 7H7@FA835AG@F7DB3DFKSE6783G>F 4GFI:;5:3D7@AF@7FF76;@F:743>3@57E:77F4753GE7AF:7D@7FF;@9BDAH;E;A@E A8. , !)3D7@AF?7F - #@5>G67EE75GD;F;7ED757;H76ADB3;6G@67D5A>>3F7D3>3DD3@97?7@FEI;F:5AG@F7DB3DF;7EF:3F5AG>647>;CG;63F76 ;@F:77H7@FA835AG@F7DB3DFK6783G>F3@6F:GEA88E7F393;@EF35AG@F7DB3DFKSED;9:FE3@6A4>;93F;A@EG@67DF:7 D7EB75F;H7D7BGD5:3E739D77?7@FEADE75GD;F;7E>7@6;@93DD3@97?7@FE ## **%)& %" ! #,& '" %"%& %& ! %! "%!-'"!&** -:78A>>AI;@9;E3EG??3DKA8F:7?37E8DA? 3@6B3K34>7EFA 4DA=7DE 673>7DE 3@65>73D;@9AD93@;L3F;A@E3F'AH7?47D ;@F:AGE3@6E | | +757;H34>7E | )3K34>7E | |------------------------------------|-------------|----------| | -D367E;@BDA57EEA8E7FF>7?7@F
@7F |

|
P | | &3D9;@ |

|

| | >73D;@9AD93@;L3F;A@E |

|

| | (F:7D |

|

| | -AF3> |

|

| {23}------------------------------------------------ #### **!"'&'"&'' !'"!!"!'"!"!'!( !") %** #### **!'!&&'&** #@F3@9;4>73EE7FE3D7;@5>G676;@(F:7D3EE7FE;@F:7,F3F7?7@FA8 ;@3@5;3>A@6;F;A@ -:7A?B3@K:3E3 EI3B 673>7D D79;EFD3F;A@ A8 ?;>>;A@ 3F 'AH7?47D I:;5: ;E ;@5>G676 ;@ ;67@F;8;34>7 ;@F3@9;4>73EE7FE -:7A?B3@KB7D8AD?76;FE3@@G3>;?B3;D?7@FF7EF;@9A8;@F3@9;4>73EE7FEI;F:3@;@678;@;F7GE78G>>;87 I:;5: 5A@E;EFE A8 ;FE EI3B 673>7D D79;EFD3F;A@ 3F G9GEF -:7 A?B3@K 7>75F76 FA B7D8AD? CG3>;F3F;H7 3EE7EE?7@FE A8 ;FE EI3B 673>7D D79;EFD3F;A@ #@ 3BB>K;@9 F:7 CG3>;F3F;H7 3EE7EE?7@FE F:7 A?B3@K5A@5>G676F:3F;F;E@AF?AD7>;=7>KF:3@@AFF:;ED79;EFD3F;A@;E;?B3;D76 ### **'&&("%!''" &"!%%'"%&** F 'AH7?47D F:7 A?B3@K :3E AGFEF3@6;@9 4ADDAI;@9E A8 ?;>>;A@ 8DA? F:7 )3D7@F G@67D353E:EG4AD6;@3F76>A3@39D77?7@F -:;E39D77?7@F?3FGD7EA@(5FA47D 473DE;@F7D7EF3F 3 D3F7 A8 B7D 3@@G? 3@6 3GFA?3F;53>>K 7JF7@6E 8AD 366;F;A@3> A@7 K73D B7D;A6E G@>7EE EB75;8;76 35F;A@E3D7F3=7@BD;ADFAF:7?3FGD;FK63F74KF:7A?B3@KAD)3D7@F ?AG@FE4ADDAI764KF:7A?B3@KG@67DF:7EG4AD6;@3F76>A3@39D77?7@F:3H7477@3BBDAH764KF:7 , 3@6F:7D78AD7 CG3>;8K3E53B;F3>;@5A?BGF;@9@7F53B;F3>G@67D,+G>73'7F3B;F3>G@67D F:75F -AF:77JF7@FF:3FEG5:4ADDAI;@9E3D7 D7CG;D76 8ADF:7A?B3@KSE5A@F;@G765A?B>;3@57I;F: ?;@;?G?@7F53B;F3>D7CG;D7?7@FE F:7K?3K@AF47D7B3;6 {24}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| | 'AH7?47D
| | |----------------------------------------------|--------------|------| | 787DD76F3J3EE7FE | | | | 36674FD7E7DH7 | |
| | (F:7D3EE7FE | | | | -AF3>6787DD76F3J3EE7FE | |
| | 787DD76F3J>;34;>;F;7E | | | | (F:7D>;34;>;F;7E | | | | -AF3>6787DD76F3J>;34;>;F;7E | | | | '7F6787DD76F3J3EE7F
;@5>G676;@(F:7D3EE7FE | |
| &3@397?7@F47>;7H7E;F;E?AD7>;=7>KF:3@@AFF:3FF:7A?B3@KI;>>97@7D3F7EG88;5;7@FF3J34>7;@5A?7 ;@ F:7 8GFGD7 FA D73>;L7 F:7 6787DD76 F3J 3EE7F 3@6 F:7D78AD7 @A H3>G3F;A@ 3>>AI3@57 ;E D7CG;D76 3F 'AH7?47D F'AH7?47D F:7A?B3@K:3E@AFD75AD6763@K?3F7D;3>G@D75A9@;L76F3J47@78;FE -:7F34>7 47>AI EG??3D;L7EF:7 73D>;7EFF3J K73DEF:3F D7?3;@ EG4<75FFA 7J3?;@3F;A@;@F:7?36?160@6;: | '.D,2.> | |--------------|---------| | .@;F76,F3F7E | | | '7I\$7DE7K | | | '7I1AD=,F3F7 | | | '7I1AD=;FK | | {25}------------------------------------------------ #### **!"'&'"&'' !'"!!"!'"!"!'!( !") %** #### **(%!'&** *\$"\$ " "! '* 7DF3;@ 67D;H3F;H7 5A@FD35FE F:3F F:7 A?B3@K :3E 7@F7D76 ;@FA ?77F F:7 355AG@F;@9678;@;F;A@A839G3D3@F77G@67D. , !) ,G5:67D;H3F;H75A@FD35FE;@5>G67ID;FF7@8AD7;9@ 5GDD7@5KABF;A@E3@6ID;FF7@7CG;FKBGFABF;A@E (@57DF3;@A8F:7E75A@FD35FE EG5:3E 8AD7;9@5GDD7@5K ABF;A@E F:7 ?3J;?G? B3KAGF A@ F:7E7 5A@FD35FE 53@@AF 47 CG3@F;8;76 E;@57 F:7 ;@5D73E7 ;@ 8AD7;9@ 5GDD7@5K D3F7E 3D7 @AF 5A@FD35FG3>>K >;?;F76 4K F:7 F7D?E A8 F:7 5A@FD35F E EG5: F:7 A?B3@K :3E 6;E5>AE76@AF;A@3>H3>G7E3E3?73EGD7A8F:7?3J;?G?BAF7@F;3>B3KAGFG@67DF:7E75A@FD35FE -:78A>>AI;@9F34>7EG??3D;L7EF:7@AF;A@3>3?AG@FE3EEA5;3F76I;F:F:7A?B3@KSE67D;H3F;H75A@FD35FE ?77F;@9F:7678;@;F;A@A839G3D3@F77G@67D. , !)3F'AH7?47D ;@?;>>;A@E | | JB75F76&3FGD;FK3F7 | | | | | | |-----------------------------|--------------------|------|---------|---------|--------------|-------------------| | !G3D3@F77-KB7 | | | 3@6
| 3@6
| 3@6
%3F7D | -AF3>
'AF;A@3> | | 7D;H3F;H75A@FD35FE@A@5D76;F | | | | | | | | D7>3F76 |
|
|
|
P |
P |
| | -AF3>67D;H3F;H75A@FD35FE |
|
|
|
P |
P |
| #F;E?3@397?7@FSE47>;78F:3F@AF;A@3>3?AG@FE97@7D3>>KAH7DEF3F77JB75F76B3KAGF3@6F:3F83;DH3>G7A8 F:7E75A@FD35FE;E3?AD7D7>7H3@F?73EGD7A8F:7A?B3@KSEA4>;93F;A@E F'AH7?47D F:783;D H3>G7A867D;H3F;H75A@FD35FE?77F;@9F:7678;@;F;A@A839G3D3@F77;E3>;34;>;FKA83BBDAJ;?3F7>K ?;>>;A@ -:7 A?B3@K EG4EF3@F;3>>K ?;F;93F7E ;FE 7JBAEGD7 FA ?3D=7F D;E= A@ F:7E7 5A@FD35FE F:DAG9: :7697E EG5:3EAF:7D67D;H3F;H75A@FD35FE3@6 AD53E:;@EFDG?7@FE -:7A?B3@K?3@397ED;E=3EEA5;3F76 I;F: 67D;H3F;H7 5A@FD35FE ?77F;@9 F:7 678;@;F;A@ A8 3 9G3D3@F77 5A@E;EF7@F I;F: ;FE D;E= ?3@397?7@F BA>;5;7E #### **%& ! !'** +;E= ;E 3@ ;@:7D7@F B3DF A8 F:7 A?B3@KSE 4GE;@7EE 3@6 35F;H;F;7E +;E=E 3D7 ?3@3976 4K F:7 +;E= &3@397?7@F 9DAGB A8 F:7 A?B3@KSE )3D7@F 55AD6;@9>K F:7 A?B3@K :3E 3 5A?BD7:7@E;H7 D;E= ?3@397?7@F3BBDA35: I;F:38AD?3>9AH7D@3@57EFDG5FGD73@6BDA57EE7EFA;67@F;8K 3EE7EE ?A@;FAD3@6 ?3@397 D;E= )D;@5;B3> D;E=E ;@HA>H76 ;@ F:7 A?B3@KSE 4GE;@7EE 35F;H;F;7E ;@5>G67 ?3D=7F 5D76;F AB7D3F;A@3>3@6?A67>D;E= #### *\$&%* &3D=7F D;E=;E678;@763EF:7 D;E=A8>AEE6G7FA 8>G5FG3F;A@E;@F:7?3D=7FH3>G7A8 8;@3@5;3>3EE7FE3@6 >;34;>;F;7E3FFD;4GF34>7FA5:3@97E;@?3D=7FH3D;34>7E &3D=7FD;E=;E;67@F;8;76 ?73EGD76 ?A@;FAD763@6 5A@FDA>>76 4K 6;H7DE;8K;@9 7JBAEGD7E 5A@FDA>>;@9 BAE;F;A@ E;L7E 3@6 7EF34>;E:;@9 75A@A?;5 :7697E ;@ D7>3F76 E75GD;F;7E AD 67D;H3F;H7E -:7 A?B3@KSE ?3D=7F D;E= BD;@5;B3>>K 3D;E7E 8DA? G@67D>K;@9 BD;57 ?3D=7F>;CG;6;FK ;@F7D7EFD3F7E 5D76;FEBD736E3@68AD7;9@5GDD7@5KD3F7E {26}------------------------------------------------ #### **!"'&'"&'' !'"!!"!'"!"!'!( !") %** #### *!' &\$"\$&)\$&%* AG@F7DB3DF;7EFAF:7A?B3@KSEBDABD;7F3DKFD3@E35F;A@E3D7BD;?3D;>K;@EF;FGF;A@3>5>;7@FE D76;FD;E=;E F:7D;E=A8>AEE6G7FA36H7DE75:3@97E;@35AG@F7DB3DFKSE5D76;FIADF:;@7EEAD;FE34;>;FKADI;>>;@9@7EEFA ?77F;FE 8;@3@5;3> A4>;93F;A@E;@ 355AD63@57 I;F:F:7F7D?E 3@6 5A@6;F;A@E A8 3 8;@3@5;3> 5A@FD35F -:7 A?B3@K;E7JBAE76FA5D76;FD;E=3E3FD36;@95AG@F7DB3DFKFAAF:7D4DA=7D673>7DE3@65>;7@FE 3E3:A>67D A8E75GD;F;7E3@63E3?7?47DA87J5:3@97E3@65>73D;@9AD93@;L3F;A@E D76;F>AEE7E5AG>63D;E7E:AG>6 5AG@F7DB3DF;7E 83;>FA B7D8AD? G@67DF:7F7D?E A8F:75A@FD35FE3@6F:7 H3>G7 A85A>>3F7D3> FAF:77JF7@F F:7D7 ;E 3@K BDAH7E ;@367CG3F7 -:7 A?B3@K ?3@397E 5D76;F D;E= 4K 673>;@9 I;F: 5D76;FIADF:K 5AG@F7DB3DF;7E ?A@;FAD;@9 @7F 7JBAEGD7 FA ;@6;H;6G3> 5AG@F7DB3DF;7E ?A@;FAD;@9 5A?B>;3@57 I;F: 7EF34>;E:765D76;F>;?;FE 3@6A4F3;@;@95A>>3F7D3>I:7D73BBDABD;3F7 #### *! &\$&! !\$&%* A@57@FD3F;A@E A8 5D76;F D;E= 7J;EF 8AD 9DAGBE A8 5AG@F7DB3DF;7E I:7@ F:7K :3H7 E;?;>3D 75A@A?;5 5:3D35F7D;EF;5EF:3F IAG>6 53GE7F:7;D 34;>;FKFA ?77F A4>;93F;A@EFA 47 E;?;>3D>K 38875F76 4K 75A@A?;5 ;@6GEFDK AD 97A9D3B:;5 835FADE #@ ;FE FD367 835;>;F3F;A@ 35F;H;F;7E F:7 A?B3@K ;E 35F;H7>K ;@HA>H76 ;@ FD36;@9I;F:34DA36D3@97A8;@EF;FGF;A@3>5>;7@FE -:7A?B3@KSE7JBAEGD7FA5D76;FD;E=3EEA5;3F76I;F: F:7 @A@B7D8AD?3@57 A8 F:7E7 5AG@F7DB3DF;7E ;@ 8G>8;>>;@9 F:7;D 5A@FD35FG3> A4>;93F;A@E 53@ 47 6;D75F>K ;?B35F76 4K HA>3F;>7 FD36;@9 ?3D=7FE I:;5: ?3K ;?B3;D F:7 5AG@F7DB3DF;7ES 34;>;F;7E FA E3F;E8K F:7;D A4>;93F;A@EFAF:7A?B3@K DA?F;?7FAF;?7F:7A?B3@K?3K:3H7E;9@;8;53@F7JBAEGD7FAEB75;8;5 5AG@F7DB3DF;7E 4GFF:7A?B3@K?A@;FADE3@6?3@397E;FE7JBAEGD73@6E77=EFA5A@FDA>;FE5A@57@FD3F;A@ A85D76;FD;E=F:DAG9:3H3D;7FKA8D7BADF;@93@65A@FDA>BDA576GD7E67E5D;476;@BD7576;@96;E5GEE;A@EA8 ?3D=7F3@65D76;FD;E= #### *"\$&! %* (B7D3F;A@3> D;E= D787DE FA F:7 D;E= A8 >AEE D7EG>F;@9 8DA? F:7A?B3@KSE AB7D3F;A@E ;@5>G6;@9 4GF @AF >;?;F76 FA ;?BDAB7D AD G@3GF:AD;L76 7J75GF;A@ 3@6 BDA57EE;@9 A8 FD3@E35F;A@E 678;5;7@5;7E ;@ ;FE AB7D3F;@9EKEF7?E 4GE;@7EE6;EDGBF;A@E3@6;@367CG35;7EAD4D735:7E;@;FE;@F7D@3>5A@FDA>BDA57EE7E -:7 A?B3@KSE 4GE;@7EE ;E :;9:>K 67B7@67@F A@ ;FE 34;>;FK FA BDA57EE A@ 3 63;>K 43E;E 3 >3D97 @G?47D A8 FD3@E35F;A@E35DAEE@G?7DAGE3@66;H7DE7?3D=7FE;@?3@K5GDD7@5;7E -:7A?B3@KD7>;7EBD;?3D;>KA@ ;FE388;>;3F7 \$7887D;7E%% 8ADAB7D3F;A@3>EGBBADFADE7DH;57E;@5A@@75F;A@I;F:;FEEI3BE4GE;@7EE -:7 A?B3@K6A7E@AF:3H73@K7?B>AK77E \$7887D;7E%%BDAH;67EE7DH;57EFAF:7A?B3@KG@67D3E7DH;57 >7H7>39D77?7@F E3D7EG>F 8DA?3BD35F;53>B7DEB75F;H7 F:7A?B3@K;EI:A>>K67B7@67@FA@\$7887D;7E %%3@6;FE7?B>AK77EFA DG@;FE EI3BE 4GE;@7EE -:7A?B3@KSEAB7D3F;A@3> D;E= 8D3?7IAD=;@5>G67E 9AH7D@3@57 5A>>75F;A@A8AB7D3F;A@3>D;E=;@5;67@FE BDA35F;H7AB7D3F;A@3>D;E=?3@397?7@F 3@6B7D;A6;5 D7H;7I 3@6 3@3>KE;E A8 4GE;@7EE ?7FD;5E FA ;67@F;8K 3@6 D75A??7@6 5A@FDA>E 3@6 BDA57EED7>3F76 7@:3@57?7@FE #### *!%* &A67>D;E=D787DEFAF:7D;E=A8>AEE7ED7EG>F;@98DA?675;E;A@EF:3F3D743E76A@F:7AGFBGFA8?A67>E 6G7 FA7DDADEADI73=@7EE7E;@F:767E;9@3@667H7>AB?7@F ;?B>7?7@F3F;A@ AD;?BDAB7DGE7A8?A67>E -:7 A?B3@KGE7ECG3@F;F3F;H7?A67>EBD;?3D;>KFAH3>G757DF3;@8;@3@5;3>3EE7FE3@6>;34;>;F;7E3@6FA?A@;FAD 3@6?3@397;FED;E= &A67>D;E=;E38G@5F;A@A8F:7?A67>?3F7D;3>;FK 8D7CG7@5KA8GE7 5A?B>7J;FK3@6 G@57DF3;@FK3DAG@6;@BGFE3@63EEG?BF;A@E GE76;@3 9;H7@?A67> +A4GEF?A67> D;E=?3@397?7@F;E3 5AD7 B3DF A8 F:7 A?B3@KSE D;E= ?3@397?7@F 3BBDA35: 3@6 ;E AH7DE77@ F:DAG9: ;FE D;E= 9AH7D@3@57 EFDG5FGD73@6D;E=?3@397?7@F5A@FDA>E {27}------------------------------------------------ #### **!"'&'"&'' !'"!!"!'"!"!'!( !") %** #### **%'#%','%!&'"!&** 3>3@57E I;F: D7>3F76 B3DF;7E D78>75F76 ;@ F:7 ,F3F7?7@F A8 ;@3@5;3> A@6;F;A@ 3D7 E7F 8ADF: 47>AI ;@ F:AGE3@6E | | 'AH7?47D

| |------------------------------------------------------|------------------| | ??2@? | | | ,75GD;F;7EBGD5:3E76G@67D39D77?7@FEFAD7E7>> |

| | +757;H34>7EDA=7DE
673>7DE3@65>73D;@9AD93@;L3F;A@E |

| | +757;H34>7E 77E
;@F7D7EF3@6AF:7D |

| | +757;H34>7EG78DA?388;>;3F7E |

| #### **6./686@62?** | ;@3@5;3>;@EFDG?7@FEEA>6
@AFK7FBGD5:3E76
3F83;DH3>G7 |

| |-----------------------------------------------------------|----------| | ,75GD;F;7E>A3@76 |

| | ,75GD;F;7EEA>6G@67D39D77?7@FEFAD7BGD5:3E7 |

| | )3K34>7EDA=7DE
673>7DE3@65>73D;@9AD93@;L3F;A@E |

| | )3K34>7EG7FA)3D7@F3@6388;>;3F7E |

| | 55DG767JB7@E7E3@6AF:7D>;34;>;F;7E |
| **'>.16:482.>.:02 .:1196:6?@>.@6B20@6B6@62?**P&3@397?7@F 47>;7H7E 3?AG@FE 3D;E;@9F:DAG9: D7>3F76B3DFKFD3@E35F;A@E3D7D73EA@34>73@63BBDAJ;?3F73?AG@FEF:3FIAG>6:3H7477@D75AD676;8F:7 A?B3@K AB7D3F76 3E 3@ G@388;>;3F76 7@F;FK ?AG@FE G7 FA 3@6 G7 8DA? 388;>;3F7E 3D7 B7D;A6;53>>K E7FF>76;@53E: -:7A?B3@K:3E7@F7D76;@FAE7DH;57>7H7>39D77?7@FEI;F:\$7887D;7E%%3@6E75GD;F;7E 5>73D;@939D77?7@FEI;F:\$7887D;7E%%3@6\$7887D;7E#@F7D@3F;A@3>%;?;F76 {28}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ource: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.