!"#$%&%'()*+,-./'&(%01*0%'(",/ !2(,% 3".'24"&*%%,-5*&#%,6 7.&"$* 1.-"089&%.:;<*&=%,->2%,?@.,2.% *-/! !"#$%&'(#%)&(#*$(*+,-*++

暋 图书在版编目 ( CIP ) 数据 暋 劳 动 关 系 比 较 研 究 : 中 国 、 韩 国 、 德 国 / 欧 洲 ( 英 文 版 )/[ 德 ] 鲁 道 夫 · 特劳普 梅茨 、 张俊华编 .— 北京 : 中国社会科学出版社 ,2010灡8 暋ISBN978灢7灢5004灢8854灢5 暋 栺灡栙 劳 … 暋 栻灡栙 张 … 暋 栿灡栙 劳 动 — 生 产 关 系 — 对 比 研 究 — 中 国 、 外 国 — 英 文 暋 桇灡栙F249灡1 暋 中国版本图书馆 CIP 数据核字 (2010) 第 114071 号 暋 CIPdata 暋ComparativeIndustrialRelations:China,South灢Koreaand Germany/Europe/byRudolfTraub灢MerzandZhangJunhua (eds灡), Beijing:ChinaSocialSciencesPress,2010 暋ISBN978灢7灢5004灢8854灢5 暋 ComparativeIndustrialRelations : China , South灢KoreaandGermany / Europe 暋Editors:暋暋暋暋暋暋 RudolfTraub灢MerzandZhangJunhua 暋LiabilityEditor:暋 暋 暋 Miaomiao Hou暋Yansheng Huang 暋LiabilityProofreader: YinglaiWang 暋CoverDesign: DaPengStudio 暋Publishedby: ChinaSocialSciencePress Jia158,GulouXidajie,Beijing,China Tel:+86灢10灢84029450 暋暋ZipCode:100720 http://www灡csspw灡cn 暋DistributionandSales:XinhuaBookstore 暋Printedby: XinweiCo.,Ltd. 暋PublishingDate: August2010 暋ISBN978灢7灢5004灢8854灢5 Price:RMB46灡00 擫 Allrighsreserved. Nopartofthispublicationmaybereproduceswithoutthepriorpermissionofthepublishers.

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! X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A ,+A81A=78-,A7+A<A =<A9A:,86,8:=//861,! RALA<,+A9A00 ,+A/=0A0-<A0A1,A78::A<0,<FVF1KAa=O-9A0.+F/+0A<LA ,8F9960,<=,AO=1UF1,A<1=,F81=99UFO-8<,=1,F1760,<F=9<A9=,F810-<8/A00A0! ;+AU=<A=908AOF1A1,9U60A:69:8<>8,+,+AX+F1A0A=17,+A/8O-=<=,FLA 7A>=,AF1,+=,,+AU<A:9A/,7F::A<A1,9ALA908:A/818OF/7ALA98-OA1,=17 7F::A<A1,08/F=9/810,F,6,F810! S1:8<,61=,A9U =O81K F1760,<F=9<A9=,F810 Aa-A<,0 1=,F81=9 8< <AKF81=9=--<8=/+A0,A17,878OF1=,A=17:A.<A0A=</+A<0+=LA7AL8,A7 ,+AO0A9LA0,8=1F1,A<1=,F81=9/8O-=<=,FLA-A<0-A/,FLA! C8<Aa=O-9A F, .=018,-800F>9A,80A,=/8O-=<=,FLALFA. 8: J0F==981K0F7A;+8<0,A1 E/+69,A1l0 /8O-=<F0810 8: 7F::A<A1, D6<8-A=1 /861,<FA0 F1 ,.8 /81,<F>6,F810,8,+F0L896OA!;8>A06<A ,+F0F0,+A<A069,8:,+A O6/+ K<A=,A<+A,A<8KA1AF,U 8: J0F=108/FA,FA0=17,+AF<.F7A<=1KA8:08/F8 A/818OF/=17-89F,F/=9:8<O=,F810 >6,F,F0,8>A+8-A7,+=,=/8O-=<=,FLA -A<0-A/,FLA.F99K=F1K<8617F1 J0F==0.A99=17/81,<F>6,A,8=>A,,A< 617A<0,=17F1K!;+F0F0= O=,,A< 8:08OA 6<KA1/U!;+A Aa-=10F81 8: O69,F1=,F81=9/8O-=1FA0+=0981K0F1/A><A=/+A7,+A1=,F81=9>8<7A<08: F1760,<F=9<A9=,F810! P+F9AF1O=1U-9=/A0<A0A=</+F00,F999=/VF1K81+8. 1=,F81=9F1760,<F=9<A9=,F810 -<=/,F/A0 7ALA98,<=101=,F81=9A1,A<-<F0A0 +=LA:8<08OA/810F7A<=>9A,FOA>AA1Aa-98F,F1K O=<VA,9F>A<=9F0=,F81:8< ,+AF<8.1-6<-80A0=17FO-80F1K1A.<69A0=17-<=/,F/A0F1=//8<7=1/A .F,+,+AF<8.1F1,A<A0,0!\U OA=108:,+AF<F1LA0,OA1,0,+AU9F1V 6-<ALF8609UF089=,A71=,F81=99=>86<O=<VA,0,8=K98>=99=>86<O=<VA,=17 =<A=>9A,8<A-9=/A,+A.8<VA<08:81A/861,<U.F,+,+80A8:=18,+A<>U <A98/=,F1K!;+F0+=00A,F1 O8,F81=1A. VF178:0,=17=<7F0=,F81-<8/A00 .+F/+ 617A<OF1A0 1=,F81=9 0,=17=<70=17:8<KA0= 1A. -=,+! EF1/A F1760,<F=9<A9=,F810+F0,8<F/=99U.A<A:8<OA7 O=F19U>U ,<=7A 61F810 8-A<=,F1K=, 1=,F81=99ALA9 ,+AU.F99>A ,+A O=b8< 980A<0:<8O ,+A AOA<KA1/A8:,<=101=,F81=9F1760,<F=9<A9=,F810 619A00,+A/899A/,FLA=/,8<0 81,+A.8<VA<0l0F7A=<A=>9A,8/8OA6-.F,+1A.0,<=,AKFA0.+F/+.F99 A1=>9A,+AO,8AaA<,08OAF1:96A1/A81,+A1A.0F,6=,F81! ;+A-<A0A1,L896OAF0 O=F19UF1,A17A7:8<,+80A.+8,=VA,+ALFA.

Z1760,<F=95A9=,F810F1X+F1= E86,+H8<A==17GA<O=1U " ,+=,0,<81K,<=7A61F810=<A1AA7A7,8FO-<8LA,+A9FLF1K=17.8<VF1K /817F,F8108:7A-A17A1,AO-98UAA0!Z,F0-6>9F0+A7F1X+F1A0A=17D1K9F0+ F1,+A+8-A,+=,,+F0.F99A106<A=.F7A<<A=7A<0+F-=17F1 X+F1=F1 -=<,F/69=<=<860A O8<AF1,A<A0,F1,+A,8-F/0=77<A00A7! PF,+<AK=<7,8 O=1U08/F8A/818OF/7ALA98-OA1,-<8/A00A0X+F1=+=00A,86,=981KF,0 8.1-=,+ .+F/++=0=9089A7,8A18<O860/+=1KA0F1,+A=<A=8:F1760,<F=9 <A9=,F810F1<A/A1, 7A/=7A0! W8.ALA< .F,+=:A. Aa/A-,F810:8< Aa=O-9A ,+AX+F1=Z10,F,6,A:8<Z1760,<F=95A9=,F8108<,+AZ10,F,6,A8: Z1760,<F=95A9=,F8108:5A1OF1 S1FLA<0F,U8:X+F1= ,+A<A+=0>AA19F,,9A <A0A=</+F1,8F1760,<F=9<A9=,F810=17F1,+A 61FLA<0F,FA0>=0F/06>bA/,0 06/+=09=>86<9=. F1760,<F=908/F898KU8<9=>86<O=<VA,A/818OF/0 +=LA >AA1 F1,<876/A7 819U<A/A1,9U!;+A -<A0A1, >88V+8-A0,8 0,FO69=,A 7F0/600F81F1,+A0A=<A=0! ;8-<8LF7A08OA8<FA1,=,F81.F,+<AK=<7,8,+A/861,<U0,67FA0F1,+F0 L896OA .A0+=99:F<0,8::A<08OAF1,<876/,8<U<AO=<V081VAUF1760,<F=9 <A9=,F810F006A0=17/81/A-,0! +,-. /01 23456.07-8 918-.7:36 , ;+A,A<O $ F1760,<F=9<A9=,F810 % :<Ah6A1,9U=908 $ 9=>86<<A9=,F810 7A0/<F>A0,+A<A9=,F810 8:Aa/+=1KA>A,.AA1 /=-F,=9=179=>86<!;+F0 F1/967A0,+A:8<O0 8: /88-A<=,F81=17 /81:9F/,<A9=,F810.+F/+ AaF0, >A,.AA1 /=-F,=9=179=>86< 8<,+AF<<A-<A0A1,=,FLA0F1 ,+A 0+=-F1K 8: AO-98UOA1,<A9=,F810+F-0=, /8O-=1U 0A/,8<=9 1=,F81=9 8< O8<A <A/A1,9U ,<=101=,F81=99ALA9!;+A0A<A9=,F810=<A:8<OA781=61F9=,A<=9 >F9=,A<=98<,<F9=,A<=9>=0F0 7A-A17F1K 81.+A,+A< 81A=/,8< O=F19U /=-F,=9 +=0A186K+-8.A<,8A1K=KAF181A0F7A77A/F0F81 O=VF1K ,.8 =/,8<0 /=-F,=9=179=>86< 0AAV=K<AAOA1,,+<86K+ /8O-<8OF0A 8<,+A 0,=,AA1,A<0,+A0/A1A=0=,+F<7-=<,U!;+A9AK=9<AK69=,F818:>F9=,A<=9 <A9=,F810>A,.AA1/=-F,=9=179=>86<>U,+A0,=,A8<F,0=,,AO-,0=,-89F,F/=9 =17F10,F,6,F81=9/81,<89=<A=/8O-81A1,-=<,8:,+A0A<A9=,F810+F-08: Aa/+=1KA! J, ,+A /A1,<A 8:F1760,<F=9<A9=,F810 ,+A<A:8<A 9FA0 ,+A

# X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A /81/<A,A8<K=1F0=,F818:,+AAO-98UOA1,<A9=,F8108:7A-A17A1,AO-98UAA0 LF=/899A/,FLA<AK69=,F810! ;+AAO-+=0F081/899A/,FLA<AK69=,F81F0Aa-9=F1A7>U,+A0,<6/,6<=9 =0UOOA,<U8:-8.A<>A,.AA1/=-F,=9=179=>86<! P8<VA<0/=19FOF,,+A 7F0=7L=1,=KA,+AU06::A<76A,8,+AF<9=/V8:8.1A<0+F-8:,+A OA=108: -<876/,F81F1 1AK8,F=,F810 81 ,+AF<9=>86< /81,<=/,0 819U>U KA,,F1K ,8KA,+A<F1,<=7A61F810! P+A<A,+A<A=<A188<819U.A=V,<=7A61F810 0,=,A<AK69=,F81 OF1FO6O<Ah6F<AOA1,0.F,+<AK=<7,89=>86</81,<=/,0 OF1FO6O.=KA0 08/F=9-<8,A/,F81=170881 O60,,AO-A<,+AA::A/,08: ,+A-8.A<=0UOOA,<UF1:=L86<8:,+A.8<VA<0! ;+A.=U0F1.+F/+,<=7A61F810=17,+A0,=,A F1,+AA0,=>9F0+OA1, =170=:AK6=<7F1K 8:/899A/,FLA<AK69=,F810 <A9=,A,8 A=/+ 8,+A< .8<V ,8KA,+A< OA<KAF1,881A=18,+A< 06>0,F,6,A81A=18,+A<8</8OAF1,8 /81:9F/,/810,F,6,A81A8:,+AO80,0FK1F:F/=1,F17F/=,F8108:+8.F1760,<F=9 <A9=,F810-<=/,F/A07F::A<>A,.AA1/861,<FA0! ;0-41<37:36-6=->:50?-0@1. A-0.186 J981K0F7AAO-98UA<0l=008/F=,F810 ,<=7A 61F810=<A,+A VAU /899A/,FLA =/,8<0F1 ,+A F1760,<F=9<A9=,F810 0U0,AO!;+AU=<A 8<K=1F0=,F810 8: .8<VA<0:8<OA7 F1=1=,,AO-, ,8 FO-<8LA ,+A 9FLF1K=17.8<VF1K /817F,F810 8: ,+AF< OAO>A<0! e60,=0 ,+A<A F0 18 61F:FA7 ,+A8<U 8: F1760,<F=9<A9=,F810 ,+A<AF0187A:F1F,F818:,<=7A61F810.+F/+/8LA<0=99 ,+A+F0,8<F/=9L=<F=1,0=17,+AF1,A<1=,F81=9L=<FA,U8::8<O08:,<=7A61F81 8<K=1F0=,F81!Z1,+AA=<9U0,=KA08: PA0,A<1F1760,<F=9/=-F,=9F0O ,<=7A 61F810.A<A -<FO=<F9U >A1AL89A1,08/FA,FA0 -<8LF7F1K =00F0,=1/AF1 ,+A ALA1,8:08/F=98<-A<081=9AOA<KA1/FA0 :8<Aa=O-9A 61AO-98UOA1, k ]19U9=,A< F1D1K9=17 :8<Aa=O-9A F1=<8617"$$%=17F1GA<O=1U=,,+A A178:,+ACF<0,P8<97 P=<.A<A,+AU<A/8K1F0A7>U/=-F,=9=01AK8,F=,F1K -=<,1A<0F1,+A/81/960F818:/899A/,FLA=K<AAOA1,0! ;87=U ,<=7A61F810 =<A,8>A:8617 F1 O=1U 7ALA98-A7 F1760,<F=9F0A7 08/FA,FA0=0 O=00 8<K=1F0=,F810.F,+/A1,<=9F0A7>6<A=6/<=,F/0,<6/,6<A0 F1L89LA7F108/F8

Z1760,<F=95A9=,F810F1X+F1= E86,+H8<A==17GA<O=1U $ -89F,F/=9K8LA<1=1/A=17F1/967A7F1K8LA<1OA1,7A/F0F81O=VF1K! 5AK=<79A008:,+AL=<F860+F0,8<F/=9L=<F=1,0 :8<O0=17:61/,F810 F1 =O=<VA,A/818OU=/8<A=<A=8:=/,FLF,U/=1>AF7A1,F:FA7:8<,<=7A61F810 .+F/+F0:<Ah6A1,9U7A0/<F>A7=0,+A:8<O=,F818:=9=>86<O=<VA,/=<,A9! ;<=7A61F810/=1>A/810F7A<A7,8>A06//A00:699=>86< O=<VA,/=<,A90 .+A1,+AU7ALA98-,+A=>F9F,U,8,AO-8<=<F9U.F,+7<=.=<A9AL=1,16O>A< 8:A00A1,F=9.8<VA<0:<8O,+A9=>86< O=<VA, =17,8<A0,8<A,+AO=K=F1 819U.+A1A1,A<-<F0A0=K<AA,8FO-<8LAKA1A<=9.8<VF1K/817F,F810=17 .=KA0!;+A-<F1/F-=9,=0V8:,<=7A61F810F0/9A=</6,F1,+A0A,A<O0 ,+AU =,,AO-,,8 7F0089LA 8<9FOF,/8O-A,F,F81>A,.AA1.8<VA<0F1 8<7A<,8 -<ALA1,= $ <=/A,8,+A>8,,8O % F1,+AF17FLF76=9-6<06F,8:AO-98UOA1,! ;<=7A61F810/=1>A<AK=<7A7=006//A00:69 ,+A<A:8<A .+A1,+AU=/+FALA =O818-89U8:06--9UF1,+A9=>86<O=<VA,! Z108/FA,FA0/+=<=/,A<F0A7>U=/8O-<A+A10FLA/8OO=17A/818OU F1 .+F/+,+A<A=<A 18 9=>86< O=<VA,0=17 ,+A=998/=,F81 8:.8<VA<0F0 /A1,<=99U-9=11A7 ,+F0:61/,F81F0F1+A<A1,9U<A7617=1,=17,<=7A61F810 /=118,8-A<=,A=07F0,<F>6,F81/=<,A90!Z108:=<=0,+AU78AaF0,F1-9=11A7 A/818OFA0 ,+AU+=LA8,+A<<89A0 -<FO=<F9U,+A OA7F=,F818:=//A00,8 08/F=90A/6<F,U>A1A:F,0 =998/=,F818:+860F1K -A10F810 +A=9,+/=<A=17 0881 kZ1=08/F=9F0,O=<VA,A/818OU 06/+=0X+F1= F1.+F/+A9AOA1,0 8:=-9=11A7A/818OU=17=O=<VA,A/818OUF1,A<,.F1A =17=0FK1F:F/=1, =17K<8.F1K-<FL=,AA/818OUAaF0,0=981K0F7A=0,<81K0,=,A0A/,8< ,<=7A 61F810=<A617A<K8F1K08OA,+F1K8:=,<=10F,F81! P+A<A,+A9=>86<O=<VA, +=018,UA,=00A<,A7F,0A9: ,+AU O60,/81,F16A,8-9=U,+A,<=7F,F81=9<89A 8:08/F=9F0,,<=7A61F810 .+F9AF1 -9=/A0 .+A<A9=>86<=17/=-F,=9=<A 7<=.1,8KA,+A<LF=9=>86</81,<=/,0.+F/++=LA,8>A1AK8,F=,A7,+AUO60, =006OA,+A<89A8:A0,=>9F0+F1K=0A99A<0l/=<,A9! 7#$0"6*&/UR//"N(%'(",/%/%1*%N'()*P*)*0"$#*,' (,'2*S"&#%'(","8!"00*N'()*RN'"&/ ;<=7A61F810F1 PA0,A<1F1760,<F=9F0A7 08/FA,FA0 18, 819U<A-<A0A1,=

% X8O-=<=,FLAZ1760,<F=95A9=,F810 ! X+F1= " E86,+H8<A==17GA<O=1U # D6<8-A /899A/,FLA<A=/,F81>U,+A.8<VA<0,8,+AA/818OF/-<A-817A<=1/A8:/=-F,=9 81,+A9=>86< O=<VA, " >6,.A<A+F0,8<F/=99U,+A OF7.F:A8:AO-98UA<0l =008/F=,F810! Z1,+A 18<O=9/86<0A 8:/=-F,=9F0,7ALA98-OA1,,+A,<=7A 61F810/8OAF1,8>AF1K:F<0,=17,+AAO-98UA<0l=008/F=,F810AOA<KAF1 <A0-810A!;+F078A018,<69A86,,+AAO-98UA<0l=008/F=,F810/=,/+F1K6.F,+8<ALA1/8OF1K,8-9=U= O8<A7U1=OF/<89AF1K8LA<1F1K,+A9=>86< O=<VA,9=,A<81 " :8<Aa=O-9A " F:,+AF<OAO>A<0+F-7A10F,UF006/+,+=,F, 06<-=00A0,+A9ALA98:8<K=1F0=,F81 8:,+A,<=7A61F810!;+A+F0,8<F/=9 0Ah6A1/A " +8.ALA< " 0AA0AO-98UA<0l=008/F=,F81=0=-89F,F/=9=10.A<,8 ,<=7A61F810K=F1F1K0,<A1K,+ " =,AO-8<=9/86<0A8:7ALA98-OA1,.+F/+ =--A=<0,8>AF1,A<<6-,A7819U.+A1,+A0,=,AF1,A<:A<A0! ;+AKA1A0F08:,+F0<A9=,F810+F-F1GA<O=1+F0,8<U+=0>AA17A0/<F>A7 F1-9=F1,A<O0>U GA<+=<7 HA009A< !6 ;+A,<=7A61F81F0ALA<U.+A<A,+A -<FO=<U-+A18OA181 " ,+AAO-98UA<0l=008/F=,F810A/817=<U! Z,F0F1,+A 1=,6<A 8: ,+A ,<=7A 61F81 ,8=,,=/V=17 F1 ,+=, 8: ,+A AO-98UA<0l =008/F=,F81,87A:A17F,0A9:!Z1F,0F1:=1/U " ,+A,<=7A61F81F0-<F1/F-=99U= 0,<FVA8<K=1F0=,F81 " ,+AAO-98UA<0l=008/F=,F81=1=1,F0,<FVA8<K=1F0=,F81! ;+A0881A<=0,<81K,<=7A61F81AOA<KA0F1=1F1760,<U " ,+A0881A<= 7F0,F1/,AO-98UA<0l=008/F=,F817ALA98-0 7$ GA<+=<7HA009A< " I0#:#-/$17#6 U"+#0/3#+#"E#"+O6:# GA<O=1 DO-98UA<0lJ008/F=,F810 ." NAF-BFK"*%& " h68,A7 F1 GA<+=<7 D<7O=11 " I0#:#-/$17#6 U"+#0/3#+#"E#"+O6:# 05 $,J0'&3#$17017/&017#6 2'6:#&:#"a#0/ GA<O=1DO-98UA<0lJ008/F=,F810 F1,+AYA<0-A/,FLA8:E8/F=9WF0,8<U " N6/+,A<+=17 ! RA6.FA7"*44 ! #3 % k ;+F0+F0,8<F/=90Ah6A1/AF0 /81:F<OA7 ,87=UF1 ,+A /81,Aa, 8:,+A D6<8-A=1 S1F81 $ DS %" F1.+F/+ D6<8-A=1,<=7A 61F810=<A<A=7U,8 <AK69=,A9=>86<O=<VA,/817F,F810DS .F7ALF=/899A/,FLA=K<AAOA1,0>6, /=118,:F17= D6<8-A=1 AO-98UA<0l 8<K=1F0=,F81.F,+= O=17=,A ,8 1AK8,F=,A:<8OF,01=,F81=9OAO>A<8<K=1F0=,F810! ;+F0F0=908/81:F<OA7F1E86,+ H8<A= " =00+8.1F1,+F0L896OA>U [881[861KO8l0/81,<F>6,F8181/899A/,FLA>=<K=F1F1K! Z1<A/A1,UA=<0 " F1760,<U.F7A,<=7A61F810+=LA:8<OA7,+A<A , 819U=,,+AF<F10,FK=,F81 =17 " =0=<A069, " 819U-=<,F=99U=<AA1,A<-<F0A018..F99F1K,8b8F1,8KA,+A<

Z1760,<F=95A9=,F810F1X+F1= " E86,+H8<A==17GA<O=1U & F1AO-98UA<0l8<K=1F0=,F810F18<7A<,81AK8,F=,A81=><=1/+.F7A>=0F0 " 81Ah6=9,A<O0! B:0C6:D;0-41<37:3 E0F-376-.7:3 ;<=7A61F810l-<80-A/,08:06//A00.F,+<AK=<7,8<A76/F1K/8O-A,F,F81 >A,.AA1.8<VA<0=9087A-A1781,+AF<:8<O8:8<K=1F0=,F81!Z1<A9=,F81,8 ,+A:8<OF1.+F/+,<=7A61F810,<U,8K8LA<1,+A9=>86<O=<VA, " .A/=1 7F0,F1K6F0+:86< O=F1 ,U-A0 " +F0,8<F/=99U=17 F1,A<1=,F81=99U !$ F % -<8:A00F81=9,<=7A61F810 " .+F/+F1O=1U/861,<FA0.A<A8:,A178OF1=1,=, ,+A86,0A,8:,<=7A 61F810=17 06<LFLA,87=U=0F17FLF76=9-<8:A00F81=9 0A/,F810 F1 GA<O=1U " :8<Aa=O-9A " :8<-F98,0 " 78/,8<0 " -89F/A8::F/A<0=17 A1KF1A7<FLA<0 ,$ FF % /8O-=1U,<=7A61F810 " .+F/+,<U,8A0,=>9F0+61F:8<O /817F,F810:8<,+A0=OA=/,FLF,FA0F1=1A1,A<-<F0A=17=<A,+AKA1A<=9<69A F1O=1U/861,<FA0,87=U " 06/+=0,+A SEJ=17e=-=1 ,$ FFF % F1760,<U8< ><=1/+,<=7A 61F810 " .+F/+ K8 81A0,A-:6<,+A<=17,<U ,8 A9FOF1=,A /8O-A,F,F81>A,.AA1,+A.8<V:8</A08:7F::A<A1,/8O-=1FA0>U=,,AO-,F1K ,8FO-80A61F:8<O OF1FO6O0,=17=<70=/<800,+A.+89A><=1/+ ,+F0,U-AF0 :8617 O=F19UF1 D6<8-A " >6,<A/A1,9U=908F1 E86,+ H8<A= , =17 $ FL % KA1A<=9 61F810 " .+F/+ ,<U ,8 8<K=1F0A=99 8//6-=,F81=9 K<86-0F1 =99 ><=1/+A0 ,+F0=99 AO><=/F1K ,U-A 8:=008/F=,F81 F0 8:,A1:8617 F1 F1760,<F=99U617A<7ALA98-A7<AKF810 " >6,=908F1J1K98E=a81/861,<FA0! \6,ALA1 F:,<=7A 61F810 0AAV ,8<A0,<F/, ,+A 06>0,F,6,=>F9F,U 8: .8<VA<0 " ,+F078A018,1A/A00=<F9U OA=1,+=,,+AU,+AO0A9LA0=<A18,F1 /8O-A,F,F81.F,+8,+A<,<=7A61F810!Z1:=/, " ,87=U.A:F17,<=7A61F81 O8LAOA1,0F1 O80,/861,<FA0.+F/+ " ,8L=<UF1K7AK<AA0=17:8<7F::A<A1, <A=0810 " =<A:<=KOA1,A7 F1,8<FL=9>98/0 " .+F9A ,+A 08/=99A7 8067#0/$3#N#"C$17'?/$;"06J0; -<F1/F-9A 8: 61F,=<U =17 181-=<,F0=1 61F81F0O .$ 819U81A,<=7A61F81=,=99,+<AA9ALA90 ! /8O-=1U " ><=1/+=17 1=,F81=9 % F0<=,+A< ,+A Aa/A-,F81! Z1 D6<8-A " ,+F0 08/=99A7 6 61F,U 61F81F0O 7 =--9FA0F1 " :8< Aa=O-9A " GA<O=1U=17 J60,<F= " .+F9AF1 PA0,A<1=17D=0,A<1D6<8-A,<=7A61F81-96<=9F0O,A170,8>A,+A8<7A<8:

' X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A ,+A7=U! E/=17F1=LF=1,<=7A61F810<A-<A0A1,=VF178:F1,A<OA7F=,A,U-A F1,+=,,+A<AF0 18 -89F,F/=98</81:A00F81=90A-=<=,F81 >6,,+AU+=LA 0A-=<=,A,<=7A61F818<K=1F0=,F810:8<>96A/899=<.8<VA<0 .+F,A/899=< .8<VA<0=17-<8:A00F81=90! \6, ALA1 F1 /861,<FA0 /8OOF,,A7 ,8 61F,U 61F81F0O ,+A<A=<A K<8.F1K 7AO=</=,F81 /81:9F/,0/81/A<1F1K 8<K=1F0=,F81=978O=F10 =0 .A99=0/810F7A<=>9A7F::A<A1,F=,F81.F,+<AK=<7,8,+A9ALA98:/899A/,FLA =K<AAOA1,0 .=KA=<>F,<=KA kX8O-=1FA0/=1Aa-98F,,+A0A7F::A<A1/A0>U 0+F:,F1K,8 $ /+A=-A< % /899A/,FLA>=<K=F1F1K0A/,8<0 .+F/+819U0A<LA0,8 0,8VA6-,+A.=KA/8O-A,F,F81>A,.AA1,<=7A61F810ALA1:6<,+A<! ;+A<A=0810:8<,+A/8O-A,F,F81>A,.AA1,<=7A61F8109FA O=F19UF1 ,+A 06<LFL=9 F1,A<A0,0 8: F17FLF76=9 ,<=7A 61F810 8< ,<=7A 61F81 9A=7A<0+F-0 ,+A9=,,A<Aa-9=F10,+A8:,A1 O60+<88O9FVA-<89F:A<=,F818: ,<=7A61F810F1F1760,<F=99U617A<7ALA98-A7/861,<FA0>6,O80,=<A>=0A7 81-89F,F/=98<F7A898KF/=97F::A<A1/A0 61F810.F,+-=<,F/69=<F7A898KF/=98< -=<,U-89F,F/=99F1V0 8<7F::A<A1,=00A00OA1,08:,+A<FK+,0,<=,AKU:8< 8<K=1F0F1K,+A.8<VA<0 =<A/A1,Aa=O-9AF0,+A0-9F,F1,+ASE,<=7A61F81 O8LAOA1, k S1F,UF1,<=7A61F81F0O /=1<A9U81=9AK=98<=-89F,F/=9O818-89U! ;+A J99X+F1= CA7A<=,F81 8:;<=7A S1F810 JXC;S +=0= 9AK=9 8<K=1F0=,F81=9O818-89U=17/8O-=1U,<=7A61F810=<A<Ah6F<A7>U9=.,8 >A/8OA OAO>A<0!;+A IA6,0/+A GA.A<V0/+=:,0>617 IG\ GA<O=1 X81:A7A<=,F818:;<=7AS1F810 >U/81,<=0, F0=61F:FA7,<=7A61F8181 ,+A>=0F08:=-89F,F/=9=O=9K=O=,F81!@AO>A<0+F-F0,+AL8961,=<U/+8F/A 8:F17FLF76=9,<=7A 61F810=17AaF,F0-800F>9A=,=1U,FOA!;+A,+F<7 /861,<U617A</810F7A<=,F81+A<A E86,+H8<A= F1/81,<=0,F0/+=<=/,A<F0A7 >U,<=7A61F81-96<=9F0O!;.86O><A99=8<K=1F0=,F810 ,+ACA7A<=,F818: H8<A=1;<=7A S1F810 CH;S =17,+A H8<A=1 X81:A7A<=,F818:;<=7A S1F810 HX;S /8O-A,A.F,+81A=18,+A<=177F::A<F1,A<O08:0,<=,AKF/ 7F<A/,F81=17=908F1+8.<=7F/=9,+AF<=--<8=/+A0,8/81:9F/,=<A!;+A CH;S0,=170<=,+A<:8</8O-=1U,<=7A61F810 .+F9A,+AHX;SF0O8<A F1:=L86<8:F1760,<F=961F81F0O!

Z1760,<F=95A9=,F810F1X+F1= E86,+H8<A==17GA<O=1U ( Z,F0= O=,,A<8:7F0-6,A.+A,+A</8O-A,F,F81>A,.AA1,<=7A61F810 >880,08<.A=VA10,+A.8<VA<0l>=<K=F1F1K-8.A<! S1F:FA7,<=7A61F810 +=LAK<A=,A<8<K=1F0=,F81=9-8.A<=17,+A=>F9F,U,8>=<K=F10,<=,AKF/=99U .+F9A,<=7A61F81-96<=9F0O O=UKFLA<F0A,8O8<A<=7F/=90,<=,AKFA0 76A,8 8<K=1F0=,F81=9/8O-A,F,F81 =17,+A06//A008:81AK<86-8:,<=7A61F810 /=19A=7,8<A786>9A7A::8<,081,+A-=<,8:8,+A<0! ;+A 7F::A<A1,:8<O0 ,=VA1>U ,<=7A 61F810 /=1>A F9960,<=,A7 -=<,F/69=<9U/9A=<9U,+<86K+=+F0,8<F/=9=//861,8:,+AF<7ALA98-OA1,F1 GA<O=1U! C86<O=F1-+=0A0/=1>A7F0,F1K6F0+A7.F,+<AK=<7,8GA<O=1 ,<=7A61F81+F0,8<U =:F<0,-A<F87 :<8O"$)$ 78OF1=,A7>U-<8:A00F81=9 =008/F=,F810 :8998.A7>U=0A/817-A<F87 :<8O"$*% F1.+F/+F1760,<U ,<=7A61F810>A/=OA,+A78OF1=1,8<K=1F0=,F81=9:8<O!\8,+-A<F870.A<A >=0A7 81 ,+A -<F1/F-9A 8: 61F810.F,+ -=<,F/69=<F7A898KF/=9 8< -=<,U -89F,F/=99F1V0!EF1/A"*)*,+A-<F1/F-9A8:61F,U61F81F0O+=0=--9FA7! ]1 ,+F0>=0F0 :<8O"*)*,+A,<=7A61F810b8F1A7,8KA,+A<F1F1760,<U,<=7A 61F810! JK=F10,,+A>=/VK<86178:0A<F860 OAO>A<0+F-7A-9A,F81=17= 7F<A:F1=1/F=90F,6=,F81F1,+A"**%0,+A<A.=0=,<A17,8.=<70,<=7A61F81 OA<KA<0F1GA<O=1U =0F1O=1U8,+A<D6<8-A=1/861,<FA0 =17,+A:86<,+ =17/6<<A1, -+=0AF0/+=<=/,A<F0A7>UO69,F><=1/+,<=7A61F810! A:881G.7H1 /F011C13.6I 91F58-.7:3 -. J3.10K0761:0 L1G.:0-8=1H18 , Z: ,<=7A 61F810=<A=008/F=,F810.+F/+ 0AAV ,8 A9FOF1=,A 8< 0,AO /8O-A,F,F81>A,.AA1.8<VA<0F1,+A9=>86<O=<VA, =O=<VA7+FA<=</+U8: 7AK<AA08:<AK69=,8<U0/8-A=--A=<0,8FO-80AF,0A9:! R=,F81=9/899A/,FLA =K<AAOA1,0=<A -<A:A<<A7 ,8 0A/,8<=9=K<AAOA1,0 .+F9A,+A9=,,A<=<A -<A:A<<A7,8<AK69=,F810,+=,=--9U819U,8=0F1K9A/8O-=1U!Z1D6<8-A A0-A/F=99UF1,+AE/=17F1=LF=1/861,<FA0 ,+A<A+=LA>AA1-A<F870F1.+F/+ 1=,F81=9/899A/,FLA>=<K=F1F1K A1/8O-=00F1K=99><=1/+A0 .=0-<8OF1A1,! C8<0ALA<=97A/=7A0 +8.ALA< = -<8/A00 8: 7A/A1,<=9F0=,F81+=0>AA1 617A<.=U =17,87=U<AK69=,F810=--9UF1K,8,+A1=,F81=99=>86< O=<VA,

*) X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A =0=.+89A=<AF10,FK=,A7=9O80,Aa/960FLA9U>U,+A0,=,A >U9=. 8< 7A/<AA =17 18 981KA< 1AK8,F=,A7>F9=,A<=99U>U ,+A 08/F=9 -=<,1A<0! JK<AAOA1,0>A,.AA1 AO-98UA<0=17,<=7A 61F810,87=U=<A/81/967A7 =9O80,Aa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bA/,F0/6<<A1,9U 617A<.=UF1 E86,+H8<A=! Z1 <A/A1,UA=<0 /8O-=1U,<=7A61F810+=LA/8O>F1A7,8:8<O><=1/+,<=7A 61F810! P+F9A ,<=7A 61F81<A8<K=1F0=,F81 F0 -<8/AA7F1K 06//A00:699U <A-9=/F1K A1,A<-<F0A=K<AAOA1,0.F,+><=1/+=K<AAOA1,0 F0 /<A=,F1K /810F7A<=>9A7F::F/69,FA0!Z17FLF76=9/8O-=1FA0=<A =,,+AO8OA1, 9=<KA9U 61.F99F1K,8KFLA=1AO-98UA<0l=008/F=,F81=O=17=,A,81AK8,F=,A><=1/+ =K<AAOA1,0! PF,+<AK=<7,8,+A,+<AAAa=O-9A0-<A0A1,A7>U[881F1,+F0 L896OA F1.+F/+-<8K<A000AAO0,8+=LA>AA1 O=7A OA,=9 >=1VF1K=17 +A=9,+/=<A ,+A+F0,8<F/=9-<F1/F-9A0AAO0,8=--9U :F<0, ,<=7A61F810 +=LA,8=/+FALA= $ +FK+A< % :8<O 8:8<K=1F0=,F81=17819U.+A1,+AU=<A 0,<81KA186K+,8/8O-A9,+AAO-98UA<0,8/8OA,8KA,+A<=<A1AK8,F=,F810 =,><=1/+9ALA9-800F>9Ak

Z1760,<F=95A9=,F810F1X+F1= " E86,+H8<A==17GA<O=1U ** A:881G.7H1 /F011C13. A:H10-F1M A:881G.7H1 /F011C13. D011 N:316-34=1F-8 91F58-.7:3 e60,=0,A17A1/FA0,8.=<70,+A7A/A1,<=9F0=,F81 8:/899A/,FLA>=<K=F1F1K :<8O ,+A 1=,F81=9,8,+A0A/,8<=99ALA9/=1>AF7A1,F:FA7F1F17FLF76=9 /861,<FA08<<AKF810 " ,+A<A=<A=90881K8F1K7A/A1,<=9F0=,F81-<8/A00A0F1 .+F/+A1,A<-<F0A9ALA9=<<=1KAOA1,0=<AKA,,F1K,+A6--A<+=178<F1.+F/+ /8O-=1FA0,6<1,+AF<>=/V081,<=7A61F810!Z1 GA<O=1U " ,+A/899A/,FLA >=<K=F1F1K0U0,AO+=0>AA106::A<F1K:<8O/<AA-F1KA<80F810F1/A,+A OF7 "**%0!@8<A=17 O8<A /8O-=1FA0=<A.F,+7<=.F1K:<8O /899A/,FLA >=<K=F1F1K " AaF,F1K:<8O AO-98UA<0l=008/F=,F810=17 -699F1K 86, 8: /899A/,FLA=K<AAOA1,0! \=+1Od99A< " F1+F0/81,<F>6,F8181 7ALA98-OA1,0F1 GA<O=1U " 18, 819U-8F1,086,,+A:=99F1K8::F1,+A16O>A<8:/899A/,FLA=K<AAOA1,0 " >6, =908 7A0/<F>A0= 1A.:8<O 8: /899A/,FLA=K<AAOA1, " .+A<A=><=1/+ /899A/,FLA=K<AAOA1,F0:8<O=99U=7+A<A7,8 " >6,,+A>=<K=F1F1K-=<,1A<0 =K<AA,8=,AO-8<=<U617A</6,,F1K8:,+A9=>86<18<O0F1,+A><=1/+!;+F0 +U><F7:8<O>A,.AA1><=1/+=17A1,A<-<F0A 9ALA9<AK69=,F81+=0AOA<KA7 0F1/A,+AOF7"**%0=17F108OA0A/,8<0F0=--9FA7>U'%(3%-A</A1,8: /8O-=1FA0! S17A<-<A006<A:<8O ,+AA/818OF//<F0F08</81,F16F1K+FK+ 61AO-98UOA1,,+A,<=7A61F810/810F7A<,+AO0A9LA0/8O-A99A7,8/810A1, ,8 ,+A0A 08/=99A7 8-A1F1K /9=60A0 F1><=1/+=K<AAOA1,0! C8998.61AK8,F=,F810=,A1,A<-<F0A9ALA9O=U06>0Ah6A1,9U9A=7,8A1,A<-<F0A0-A/F:F/ 0-A/F=9=K<AAOA1,0.+F/+/=1F1/967A=,AO-8<=<U<A76/,F81F1.=KA0! ;+A7A/9F1F1K/8LA<=KA>U/899A/,FLA=K<AAOA1,0F1 GA<O=1UF018, 8>0A<LA7 ,+<86K+86, D6<8-A! Z1 O80, PA0,A<1 D6<8-A=1 /861,<FA0 " /899A/,FLA>=<K=F1F1K<AO=F100,=>9A!]1A8:,+A<A=0810:8<,+F0F0,+A:=/, ,+=, 7A/9=<=,F810 8: /899A/,FLA=K<AAOA1,0=0 61FLA<0=99U>F17F1K=<A .F7A0-<A=7,+A<A , F1 8,+A<.8<70 " /899A/,FLA=K<AAOA1,0.+F/+.A<A 8<FKF1=99U1AK8,F=,A7819U:8<-=<,8:=><=1/+=<A06>0Ah6A1,9U7A/9=<A7>U ,+A0,=,A.+A,+A<K8LA<1OA1,8<-=<9F=OA1,=0>F17F1K:8<,+A><=1/+=0

*! X8O-=<=,FLAZ1760,<F=95A9=,F810 ! X+F1= " E86,+H8<A==17GA<O=1U # D6<8-A =.+89A! J0-A/F:F/F1,A<=/,F81>A,.AA1,+A0,=,A=17,+A,<=7A61F810O=U >A 8>0A<LA7+A<A! P+A<A ,+A ,<=7A 61F810=<A ,88.A=V ,8=00A<, ,+AO0A9LA0=K=F10,,+AAO-98UA<0,+A0,=,AF0/=99A7F1,806--8<,,+AO! \=+1Od99A<,=VA0+F0/81/960F81:<8O,+A<A! WA/=990:8<O8<A06>0,=1,FLA F1L89LAOA1,81,+A-=<,8:,+A0,=,AF1 GA<O=1UF18<7A<,80,=>F9F0A,+A /899A/,FLA>=<K=F1F1K0U0,AO,+A<A! X+F1=l0/899A/,FLA=K<AAOA1,0U0,AOF00,F99F1F,0F1:=1/U! X899A/,FLA =K<AAOA1,0/=1+=LA,+<AAL=<F=1,0 ! A1,A<-<F0A9ALA9=K<AAOA1,0 " 98/=9 $ ,A<<F,8<F=9 % =K<AAOA1,0 " .+F/+F1/967A=99,+A:F<O0=17AO-98UAA0F1= -=<,F/69=< 98/=,F81 " =17><=1/+=K<AAOA1,0 6- ,8 ,+A 7F0,<F/, =7OF1F0,<=,F819ALA9! J<8617)% OF99F81.8<VA<0=<A18. /8LA<A7>U= /899A/,FLA=K<AAOA1,! GFLA1=16<>=19=>86<:8</A8:=<86173%% OF99F81 " +8.ALA< " ,+F0F00,F9998. , =0W6=15A1OF1/81/967A0 " F1+F0/81,<F>6,F81 ,8,+F0L896OA "6 KA1A<=99U0-A=VF1K " /899A/,FLA.=KA>=<K=F1F1KF00,F99F1 F,0A=<9U0,=KA0F1X+F1= 7 k P=KA0=17.8<VF1K/817F,F810F1X+F1=+=LA08:=<18,>AA106>bA/, ,8<AK69=,F81>U/899A/,FLA>=<K=F1F1K,8=0FK1F:F/=1,7AK<AA=17,+A0,=,A +=018,086K+,,8AaA</F0A,+A-800F>F9F,U8:7A/9=<F1K/899A/,FLA=K<AAOA1,0 KA1A<=99U>F17F1K! ;+A.=KA9ALA9F0O=F19U7A,A<OF1A7>U0,=,AOF1FO6O .=KA -89F/U =17 0,=,A.=KA K6F7A9F1A0 " =17.+A<A ,<=7A 61F810 78 /81/967A/899A/,FLA=K<AAOA1,0,+AU=<A/980A9UF19F1A.F,+,+A0A-89F,F/=9 -<8LF0F810! C8<,+AL=0,O=b8<F,U8:X+F1A0A.8<VA<0,+AOF1FO6O.=KA .+F/+L=<FA0>U7F0,<F/,F09FVA9U,8>A,+AVAU>A1/+O=<V " 18,/899A/,FLA =K<AAOA1,0!;+A<A=<A " +8.ALA< " -<8>9AO0.F,+FO-9AOA1,=,F81! C8<= 981K,FOA " F,.=07F::F/69,,8A1:8</A,+A9=. 76A,8,+A-=<,F=9<AK69=,8<U =6,818OU8:,+A98/=9=6,+8<F,FA0!;+A1A. DO-98UOA1,X81,<=/,J/,8: '%%$=17 0,<F/,A< /81,<890 " +8.ALA< " +=LA 18,F/A=>9U FO-<8LA7 ,+A FO-9AOA1,=,F818:K8LA<1OA1,<AK69=,F810! J1F1,A<A0,F1K -=<=99A90AAO0,8 +=LA 7ALA98-A7 8:9=,A>A,.AA1 GA<O=1U=17 X+F1=.F,+<AK=<7 ,8 ,+A 0FK1F:F/=1/A 8: 0,=,A.=KA <AK69=,F81! S1,F9<A/A1,9U " GA<O=1,<=7A61F810<AbA/,A7OF1FO6O.=KA0 =06176A -89F,F/=9F1,A<:A<A1/AF1 :<AA /899A/,FLA>=<K=F1F1K! PF,+ ,+A

Z1760,<F=95A9=,F810F1X+F1= E86,+H8<A==17GA<O=1U *" 7A/9F1AF1/899A/,FLA>=<K=F1F1K/8LA<=KAF1,+A-=0,:A. UA=<0 +8.ALA< ,+A,<=7A 61F810+=LA/+=1KA7,+AF< OF170!;+AU=<A 18. /=99F1K:8< 0,=,6,8<U<AK69=,F818:OF1FO6O.=KA0 =,9A=0,F10A/,8<0F1.+F/+,+A 18<O=,FLA-<8LF0F8108:/899A/,FLA=K<AAOA1,0=--9U819U,8= OF18<F,U8: .8<VA<0 =17,+60=0,<81KA<0,=,A<89AF1.=KA0A,,F1K! A:3D87G.5-8:0 O-0C:37:56 23456.07-8 918-.7:36M /0>7.0-.7:3-34 L.07@16 ]1A /8OO81 /9=00F:F/=,F81 8: ,+A /81,A1,0 8: /899A/,FLA=K<AAOA1,0 7F0,F1K6F0+A0>A,.AA1 06>0,=1,FLA=17 -<8/A76<=9 <AK69=,F810! P+F9A 06>0,=1,FLA<AK69=,F810/81/A<1b8F1,<A0896,F81081.=KA0=17.8<VF1K /817F,F810 -<8/A76<=9<AK69=,F810A0,=>9F0+ 1AK8,F=,F81=17=<>F,<=,F81 OA/+=1F0O0:8< $ ,=OF1K % 0,<6/,6<=9/81:9F/,0>A,.AA19=>86<=17/=-F,=9! \A0F7A0-<8/A76<A01AK8,F=,A7>F9=,A<=99U>A,.AA1,+A/899A/,FLA>=<K=F1F1K -=<,FA0 ,+A<A=<A 0,=,6,8<U OA,+870=17 -<8/A76<A0 :8<<A=/+F1K =K<AAOA1,! P+A1X+F1A0A=17GA<O=1,<=7A61F817A9AK=,F810OAA, ,+AGA<O=1 0F7A:<Ah6A1,9U,=9V0=>86,,+A<FK+,,80,<FVA=17,+AX+F1A0A0F7A=>86, ,+A 76,U ,8 A0,=>9F0++=<O81F860F1760,<F=9<A9=,F810=17 ,8 -<ALA1, /81:9F/,! P+=,=,:F<0,K9=1/A=--A=<0,8>A087FLA<KA1, F0=K8877A=9 9A000881/980A<Aa=OF1=,F81 +8.ALA<! ;+A0,=,F0,F/0810,<FVAF1,A10F,U-<A0A1,A7F1E/+69,A1l0/81,<F>6,F81 0AAIF0-6,A 5A0896,F81 =--A=<,8F17F/=,A,+A-<AL=9A1/A8:/81:9F/,6=9 F1760,<F=9<A9=,F810F1,+A PA0,A<1F1760,<F=9F0A7/861,<FA0!Z:81A=9,A<0 ,+A/+80A1<A:A<A1/AL=<F=>9A 0,<FVA7=U0:8<ALA<U"% %%%.8<VA<0 F1 ,+A0A0,=,F0,F/0 +8.ALA< =17/=9/69=,A0,+A=LA<=KA98008:.8<VF1K+86<0 -A<.8<VA<76A,80,<FVA0 ,+A<A069,0=<A=0,81F0+F1K =GA<O=1.8<VA<F0 810,<FVA:8<=1=LA<=KA8:"*OF16,A0=UA=<! DLA1I=1F0+.8<VA<0 .+8 +=LA,+A+FK+A0,0,<FVA<=,AF1D6<8-A ,=VAF1760,<F=9=/,F81:8<819U81A +86<=17"# OF16,A0F1=.8<VF1KUA=<! C<8O 8,+A<086</A0.AV18. ,+=, F1/81,<=0, ,+A=LA<=KA16O>A<8:AO-98UAA08::0F/VF1 GA<O=1U

*# X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A ,+F0=O861,0,8,+<AA=17=+=9:7=U0=UA=< '%%* F00ALA<=9,FOA0 +FK+A<! P+F9AF,F0,<6A,+=,,+A<FK+,,80,<FVAF0=:617=OA1,=9<FK+,F1 D6<8-A F,F0=908,<6A,+=,F,F0AaA</F0A7F1:<Ah6A1,9U=17,+=,,<=7A 61F810,<U ,8<A089LA9=>86</81:9F/,0 -<FO=<F9U >U OA=10 8: -A=/A:69 1AK8,F=,F810<=,+A<,+=10,<FVA=/,F81! E,<FVA0=<A=<A/6<<F1K,8-F/F1 /899A/,FLA>=<K=F1F1K >6,+=<79UALA<60A7! ;+A0=OA=--9FA0,8E86,+H8<A=![8810+8.0 F1+F0/81,<F>6,F8181 7F0-6,A<A0896,F81,+=,,+A:<Ah6A1/U8:0,<FVA0+=0>AA1:=99F1K:8<UA=<0 .+F9A=<>F,<=,F81>U,+AR=,F81=9N=>86<5A9=,F810X8OOF00F81 RN5X +=0>AA1F1/<A=0F1K9U06//A00:69! WAAa-9=F10,+A06//A008:,+A RN5X =O81K8,+A<,+F1K0>UF,0,<F-=<,F,A/8O-80F,F81! 5A-<A0A1,=,FLA08:,+A ,<=7A61F810 AO-98UA<0l=008/F=,F810=17,+AK8LA<1OA1,=<A=>9A,8.8<V 86,/8O-<8OF0A-<8-80=90 =0=<A069,8:.+F/+:A=0F>9A0896,F810/=1 AOA<KA:8< ,+A ,.8 /899A/,FLA>=<K=F1F1K -=<,FA0! [881 7F0/A<10=1 F1/<A=0F1K -<8:A00F81=9F0=,F81 8: /81:9F/,<A0896,F81 .+F/+ F0=908 O=1F:A0,A7F1,+A:=/,,+=,,+A1AK8,F=,F1K-=<,FA0,=VAA=/+8,+A< O8<A 0A<F8609U=17=--<8=/+81A=18,+A<.F,+<A=9F0,F/7AO=170! Z1/8O-=<F081 X+F1=<A-<A0A1,0=7F0,F1/, O87A9! E,<FVA0=<A18, 0,=,6,8<F9U<AK69=,A7=17,<=7A61F810=<A18,=/,8<0F1/899A/,FLA7F0-6,A <A0896,F81! N=>86<9=.69,FO=,A9U78A018,7F0,F1K6F0+>A,.AA1F17FLF76=9 =17/899A/,FLA/81:9F/,0=1778A018,-<8LF7A:8<0-A/F=9F0A79=>86</86<,0! N=>86< /81:9F/,0=<A 7A=9,.F,+ F1 ,A<O0 8: ,+A /9=00F/=9 0Ah6A1/A OA7F=,F81 =<>F,<=,F81 9F,FK=,F81=17.F,+ ,+A 1A. J<>F,<=,F81 N=. '%%$ .8<VA<0l=//A00,8,+A YA8-9Al0 X86<,+=0>AA1 O=7A A=0FA<! RALA<,+A9A00 .8<VA<0l -<8,A0,0 =<A 8//6<<F1K O8<A:<Ah6A1,9U=17 0A,,9AOA1,0F1/<A=0F1K9U+=LA,8>A<A=/+A786,0F7A,+A8::F/F=9=<>F,<=,F81 O=/+F1A<U!Z1,+AF</81,<F>6,F81 E+A1=17Y=1=1=9U0A,+<AAF10,=1/A08: 0,<FVA=/,F81 -8F1,F1K,8,+A .A=V1A008:,+A,<=7A61F810=170+8.F1K ,+=,,+AU/=118, =9.=U0 :69:F9,+AF<<89A=0=<>F,<=,8<!@=1U -<FL=,A /8O-=1FA0=<A18,61F81F0A78<,<=7A61F810AaF0,819U81-=-A< .+F9AF1 -6>9F/A1,A<-<F0A0 $ ,<=7A 61F810=,,+AA1,A<-<F0A9ALA97A-A17 81,+A O=1=KAOA1, .+F/+ 8>0,<6/,0 ,+AF< -<8,A/,F81 8:.8<VA<0l<FK+,0

Z1760,<F=95A9=,F810F1X+F1= E86,+H8<A==17GA<O=1U *$ <A76/F1K,+AF<A::A/,FLA1A00 % kWA1/A,+AF<-<8-80=9,+=,,<=7A61F810>A O8<A0,<81K9U 0A-=<=,A7:<8O A1,A<-<F0A O=1=KAOA1,0=17 ,+=,,<=7A 61F81-<A0F7A1,0>AA9A/,A7>U,+A.8<VA<0!;+F0Aa-<A00A0=1FO-8<,=1, -<F1/F-9A ,<=7A61F810=<AO8<A9FVA9U,8-<8LA06//A00:69=0=<>F,<=,8<0F1 7F0-6,A0.+A1 ,+AU=<A F17A-A17A1, 8: /8O-=1U O=1=KAOA1,=17 <A0-810F>9A,8,+A.8<VA<0! 23 JG:3:C7G A07616I P:>:0+-F1 L1G507.Q , D/818OF/096O-0.+F/+<A069,F1=:=99F17AO=17:8<9=>86<819=>86< O=<VA,0=9.=U0:8</A,<=7A 61F810F1,8=:617=OA1,=97A/F0F81 0+8697 ,+AF<-<F8<F,U>A,80A/6<A.=KA08<b8>0 E+8697b8>0>A O=F1,=F1A7>U OA=108:/81/A00F81081.=KA/6,08<0+8697,+A.=KA9ALA9A0,=>9F0+A7>U /899A/,FLA>=<K=F1F1K<AO=F10,=>9A,+<86K+86,,+AA/818OF//<F0F0 ;+A=1=9U0A0F1,+F0>88VAO-+=0F0A,+A0A10F,FLF,U8:,+F0F006A!Z1 E86,+ H8<A= \=A=17;<=6>@A<B =0F1 GA<O=1U \=+1Od99A< /81/A00F81>=<K=F1F1KF0K<8.F1KF1,+AA/818OF//<F0F0!;+F0 O=1F:A0,0 F,0A9:F1L=<F860:8<O0 :8<Aa=O-9A F1GA<O=1U08OA,FOA0F10=1/,F81A7 7ALF=,F810:<8O /899A/,FLA=K<AAOA1,0>U OA=10 8:08 /=99A7 8-A1F1K /9=60A0 08OA,FOA0F1 $ =99F=1/A0:8<b8>0 % F1A1,A<-<F0A0 .+F/+=<A=K<AA7 >U=/,8<0=, /8O-=1U 9ALA9 .F,+86, ,+A /810A1, 8: ,+A /899A/,FLA >=<K=F1F1K-=<,FA0! P+A,+A<9AKF,FOF0A7>U,+A>=<K=F1F1K-=<,FA08<18, F,F0=9.=U0=O=,,A<8:>=<,A<F1K! P+=,F0606=99U>=<,A<A7=<AAO-98UAA0l /81/A00F810 81.=KA0 8<.8<VF1K ,FOA F1<A,6<1:8< AO-98UOA1, K6=<=1,AA0:<8O,+A/8O-=1U O=1=KAOA1,! Z1 X+F1= ,88 76<F1K,+AA/818OF//<F0F0F1'%%*,+A K8LA<1OA1, 7AO=17A7,+=,0,=,A8.1A7/8O-=1FA0<A:<=F1:<8O<A7617=1/FA0=17 F1 <A,6<1 <A/8OOA17A7,+=,,+A<A>A18.=KAF1/<A=0A0,+F0,FOA<8617! J0 RK8V0+8.0 ,+A<A.A<A ALA1 7AO=170,8 060-A179=>86<9AKF09=,F81 ,AO-8<=<F9U >6,.F,+,+A+A9-8:,+AJXG\,+A0A.A<A<A-690A7! P+A<A /A1,<=9K8LA<1OA1,.=09A00=>9A,8AaA</F0AF,0=6,+8<F,U +8.ALA< ,+A 9=..=0:986,A781=O=00FLA0/=9A=1798/=9=6,+8<F,FA0=998.A7F17FLF76=9

*% X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A /8O-=1FA0 ,8 060-A17 ,+A -=UOA1, 8: AO-98UA< 08/F=9 F106<=1/A /81,<F>6,F810! J0=/<F0F00,<=,AKU .=KA0=1708/F=9>A1A:F,0=<A606=99U06>8<7F1=,A ,8,+A K8=98:/8O-=1U /8O-A,F,FLA1A00!\6,,+F0=908 -8F1,0,8 ,+A -<8>9AO8:A1,A<-<F0A9ALA9.=KA=K<AAOA1,0! J0[881=17\=A0+8.:8< E86,+ H8<A= /8O-=1U.8<V:8</A0=<A0,<6KK9F1K,8VAA-,+AF<b8>0F1 /8O-A,F,F81.F,+ 8,+A<.8<V:8</A0=17=<A h6F/V,8 O=VA/81/A00F810 .+F/+0A/6<AAO-98UOA1,=,,+AF<8.1 -9=1,=17bA8-=<7F0A,+Ab8>08: 8,+A<0!\=+1Od99A<0+8.0,+=,ALA1><=1/+,<=7A61F810.F,+F1760,<U .F7A=K<AAOA1,0=<A 18,=LA<0A,8,+F0 VF17 8:78.1.=<7 /8O-A,F,F81! I6<F1K-A<F8708:A/818OF//<F0F0ALA1F1GA<O=1U.8<V0/861/F908--80A ,<=7A61F810:<8O ,FOA,8,FOA=17 7AO=17=0FK1F:F/=1,<A76/,F81F1 9=>86</80,0! GA<O=1U+=0-<8>=>9U,+AO80,7ALA98-A7 $ ,889>8a % F1,+A.8<97:8< /8O>=,F1K/<F0A0F1,+A9=>86<O=<VA,!;+A-<F1/F-=9OA=108:0O88,+9U =7=-,F1KAO-98UOA1, L896OA0,8:96/,6=,F810F1 7AO=17 8< 0=9A0=<A =K<AAOA1,0>A,.AA1 ,<=7A 61F810=17 AO-98UA<0l=008/F=,F810 81 AO-98UOA1,K6=<=1,AA0 81,+A81A+=17 =17>A,.AA1.8<V0/861/F90 =17K<86- O=1=KAOA1,0 81,+A8,+A<+=17! P8<VF1K,FOA=//861,0 F1 -=<,F/69=< /<A=,A:9AaF>F9F,U /:! IM6>9A< P8<VA<0l5FK+,0 kZ1>88O -A<F870 .8<VA<0/=1788LA<,FOA:8<.+F/+,+AU7818,<A/AFLA.=KA0>6, /<A7F,0F1 ,+AF<.8<VF1K ,FOA=//861,! Z1 -A<F870 8: /<F0F0 ,+F0 F0 <ALA<0A7!;+AU/81,F16A,8<A/AFLA,+AF<<AK69=<.=KA=9,+86K+,+AU.8<V 9A00! X899A/,FLA=K<AAOA1,081AO-98UOA1,=,0A/,8<=99ALA9/<A=,A,+A :<=OA.8<V .+F9A/8O-=1U=K<AAOA1,09=U78.1,+A7A,=F90! E+8<,,FOA.8<VF1K F0=1 F1,A<OA7F=,A O87A9.+F/++=0>AA1 7ALA98-A7F1 GA<O=1U:8<<A76/F1K>8,+.8<VF1K,FOA=17.=KA/80,0! ;+ACA7A<=9N=>86<JKA1/U-=U006>0F7FA0,8/8O-A10=,A:8<08OA8:,+A .8<VA<0l.=KA9800A0!;+F0=998.0/6,>=/V0F1-<876/,F81.F,+86,9=UF1K 8::.8<VA<0! P8<VF1K,FOAF0<A76/A7Ah6=99U:8<=99AO-98UAA0F1,+A /8O-=1U8<-=<,F/69=<-=<,8:,+A/8O-=1U .+F9A.=KA9800A0:8<,+A AO-98UAA08<08/F=90A/6<F,U/81,<F>6,F810=<A9=<KA9U,=VA18LA<>U,+A

Z1760,<F=95A9=,F810F1X+F1= E86,+H8<A==17GA<O=1U *& CA7A<=9N=>86< JKA1/U! $ ;+A>A1A:F,0=<A/810F7A<=>9A:8<>8,+0F7A0! ;+AAO-98UAAF018,7F0OF00A7 .+F9A,+AAO-98UA<<A,=F10=.A99,<=F1A7 .8<V:8</A A1=>9F1K+FO ,8<A0,=<, 617A< K887 /817F,F810.+A1 ,+A A/818OF/0F,6=,F81FO-<8LA0 IM6>9A< P8<VA<0l5FK+,0 k PF,+,+A+A9-8:,+F0F10,<6OA1,GA<O=1U+=0>AA1=>9A,8/60+F81 ,+A61AO-98UOA1,<A069,F1K:<8O,+A/6<<A1,.8<97A/818OF//<F0F0,8= /810F7A<=>9A Aa,A1,!]LA< 81A OF99F81.8<VA<0.A<A 81 0+8<,,FOA .8<VF1KF1'%%* =,81A,FOA8<=18,+A< 0=LF1K=<8617)%% %%%:699 ,FOAb8>0! J7b60,F1K.8<VF1K ,FOA ,8 ,+A 8<7A< 0F,6=,F81 =//6O69=,F1K 8LA<,FOA=17.8<VF1K 0+8<,A<+86<0.+A1 8<7A<0=<A 9=/VF1K ,+F0 <Ah6F<A07ALA98-A7 OA,+870:8<O=1=KF1K.8<VF1K,FOA=//861,0=17,+A =K<AAOA1,8:,+A-A<0810/81/A<1A7! Z1E86,+ H8<A= >8,+=<A9=/VF1K >A/=60A8LA<,FOA+=0 ,8=/810F7A<=>9AAa,A1, 981K/861,A7=0-=<,8: ,+A18<O=9.8<VF1K7=U /:!\=A=17;<=6>@A<B kH8<A=1/8O-=1FA0 =17,<=7A61F8106<KA1,9U 1AA7,8,+F1V/<A=,FLA9U=>86,,+F0! J 1A. F10,<6OA1,+=0=9<A=7U>AA1,<FA7 86,>U,+A K8LA<1OA1, 617A<=1 DO-98UOA1,@=F1,A1=1/A Y<8K<=OOA A1,A<-<F0A0.+F/+<A:<=F1:<8O 9=UF1K 8::.8<VA<0.+A1 ,+A<AF0= 78.1,6<1 F1 0=9A0<A/AFLA 0,=,A /8O-A10=,F81! W8.ALA< O6/+,+A=9,A<1=,FLA08:<A76/F1K AO-98UOA1,8<.=KA0 OFK+,>A<=,F81=90,<=,AKFA0:8<F17FLF76=9/8O-=1FA0:=/F1K=:=99F10=9A0 ,+F0OF/<8A/818OF/<=,F81=9F,U/=1,6<1F1,8=O=/<8A/818OF/>88OA<=1KF: ,+A0=9A0/<F0F08//6<0=/<800,+A>8=<7! P+F9A.=KA0=<A819U=/80,:=/,8< :8<F17FLF76=9/8O-=1FA0 :8<,+AA/818OU=0=.+89A.=KAF1/8OAF0=VAU 7AO=17L=<F=>9A! P+=,F07F0/811A/,A7=,A1,A<-<F0A9ALA9O60,>A><86K+, ,8KA,+A<=,,+A9ALA98:,+AA/818OU=0=.+89A =1708F1=1A/818OF/ /<F0F0.=KA0=17 AO-98UOA1, 0+8697 F1/<A=0A F1 8<7A< ,8 ,<FKKA< /8106O-,F81F176/A7A/818OF/K<8.,+! C8<=1F17FLF76=9/8O-=1U=/,F1K =981A 06/+=0,<=,AKU.8697>A06F/F7=9 F,/=1.8<V819UF:=99A1,A<-<F0A0 =/,,8KA,+A< .+F/+<610/861,A<,8,+A98KF/8:/8O-A,F,FLA/=-F,=9F0O!Z1 /810Ah6A1/A ,+A ,=0V 8: FO-9AOA1,F1K=1 Aa-=10FLA.=KA=17

*' X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A AO-98UOA1,-89F/U:=990,8,+A,<=7A 61F810=17,+AK8LA<1OA1,!;+A K8LA<1OA1,O60,0,FO69=,A/8106O-,F81=17F1LA0,OA1,.F,+=0-A17F1K -<8K<=OOA08OA.+=,F17A:F=1/A8:O=<VA,98KF/ .+F9A,+A,<=7A61F810 O60,78=99,+AU/=1,88--80AAO-98UOA1,<A76/,F810=17.=KA/6,0!Z: ,+AUb8F1F1,+A<=/A,8,+A>8,,8O:8<,+A98.A0,.=KA0,+AU.F99819U Aa=/A<>=,A,+A/<F0F0! Z1+F0=1=9U0F08:,+A/81,<F>6,F818:5880ALA9,l0 RA. IA=9,88LA</8OF1K,+AG<A=,IA-<A00F818:,+A"*3%= gF=87<=.0 ,+A0=OA/81/960F810:8</8O>=,F1K,+A/<F0F0F1X+F1= J9A0081:<8O,+A RA. IA=9F0,+=,F,F0+=<7,8KA16F1A9UF1/<A=0A78OA0,F/7AO=17=17 0,FO69=,AA/818OF/ K<8.,+ .F,+86,F1/<A=0F1K.=KAF1/8OA=17 08/F=9 0A/6<F,U!;+A<A:8<A F,F0:8<,+A-6<-80A8:O=F1,=F1F1K08/F=9Ah6F,U=17 A/818OF/K<8.,+,+=,.A0,<A00,+A-<8,A/,F818:.8<VA<0l<FK+,076<F1K A/818OF//<F0A0 % k L.-34-04=->:50 A:3.0-G.6:0 /.Q K7G-8 JCK8:Q C13. , $ \AU817,+A0,=17=<79=>86</81,<=/, % 8< $ =,U-F/=9AO-98UOA1, % ,+A0A =<A,+A1=OA0KFLA1>UIM6>9A<l0/81,<F>6,F8181 GA<O=1U=17\=Al081 E86,+H8<A=,8=.8<<UF1K,<A17 ,+A-<8-8<,F818:<AK69=<b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h6F<A0,=,A06>0F7FA08<F1/8OA 06--8<,F18<7A<,89FLA=7A/A1,9F:A! ;<=7A61F810+=LA>AA1-<8,A0,F1K=K=F10,,+F0,<A17=0F,+=0,+<AA

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Z1760,<F=95A9=,F810F1X+F1= E86,+H8<A==17GA<O=1U !* Aa-=10F818:,+A.A9:=<A0,=,A! J17+A<A,+A,<=7A61F810 O60,Aa=OF1A .+A,+A<,+AU=<A0,<81KA186K+,8:FK+,:8<,+F0=981A8<0+8697,<U,8 =/+FALA=-=/,.F,+,+A0,=,AF1=99F=1/A.F,+8,+A<08/F=9:8</A0!

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!2%&%N'*&(/'(N/"8!"00*N'()*V%?*O%&?%(,(,?(, !2(,%%,-'2*A&%N'(N%01"0*"89&%-*W,(",/ W6=1K5A1OF1 @8<A,+=1=7A/=7A+=0-=00A70F1/A/899A/,FLA.=KA>=<K=F1F1K>AK=1F1 X+F1=F1,+AOF7"**%0!;+A16O>A<8:A1,A<-<F0A0/=<<UF1K86,/899A/,FLA .=KA>=<K=F1F1K=17 0FK1F1K /899A/,FLA=K<AAOA1,0=17,+A 16O>A< 8: .8<VA<0/8LA<A7>U,+80A=K<AAOA1,0+=LA<F0A1/810F7A<=>9U!\U,+AA17 8:'%%& ,+A,8,=916O>A< 8:/899A/,FLA=K<AAOA1,0=/<800 X+F1=+=7 <A=/+A73)3 %%% "'!4 -A</A1, +FK+A<,+=1 ,+A -<ALF860 UA=< =17 /8LA<F1K4'' %%%A1,A<-<F0A0 6->U"$!3-A</A1,8LA<,+A-<ALF860UA=< =17>U""'!3-A</A1,8LA<'%%3!;+A16O>A<8:.8<VA<0/8LA<A70,887=, 3*!4$4OF99F81 6->U4!$-A</A1,8LA<,+A-<ALF860UA=<! X899A/,FLA.=KA >=<K=F1F1K+=0-9=UA7=186,0,=17F1K<89AF1K6=<=1,AAF1K.8<VA<0l-=U =1718<O=9.=KAF1/<A=0A0 =0.A99=0+=<O81FBF1KF1760,<F=9<A9=,F810! W8.ALA< KA1A<=99U0-A=VF1K /899A/,FLA.=KA>=<K=F1F1KF00,F99F1F,0 A=<9U0,=KA0F1 X+F1=!;+A<A=<A0,F99-<8>9AO0=170+8<,/8OF1K0.+F/+ O60,>A,=/V9A7! Z1-=<,F/69=< ,+A<AF0=0,<81K1AA7,8/8176/,>8,+ ,+A8<A,F/=9=17-<=/,F/=9<A0A=</+F1,8,+A<89A8:,<=7A61F810F1/899A/,FLA .=KA>=<K=F1F1K!

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b8<OA=06<A0=<A " ;+A G8LA<1OA1, /81,<890>8,+ AO-98UA<=17 AO-98UAA 8<K=1FB=,F810 .F,+= LFA. ,8<A089LF1K 7F0-6,A0 ,+<86K+ ,+A0A ,.8 -=<,FA0 -<ALA1,F1K,A10F810=17,+A<A>U7F0<6-,F8108:,+A08/F=98<7A<! ' J ,<F-=<,F,A>=<K=F1F1K OA/+=1F0O /810F0,F1K 8:.8<VA<0 AO-98UA<0=17,+A G8LA<1OA1,+=0>AA1A0,=>9F0+A7!;+A G8LA<1OA1, 78OF1=,A0/899A/,FLA>=<K=F1F1K A0-A/F=99U/899A/,FLA.=KA>=<K=F1F1K F1 8<7A<,8O=VA/88-A<=,F81>A,.AA1AO-98UA<0=17.8<VA<0-800F>9A!;+A G8LA<1OA1,+=0 ,+A:F1=9 0=U F1>=<K=F1F1K 86,/8OA0=17 O81F,8<0 FO-9AOA1,=,F81!Z,<AF10F1A1,A<-<F0A0lLF89=,F8108:.8<VA<0l<FK+,0=17 OF,FK=,A0F1760,<F=9 /81:9F/,0 ,8= /A<,=F1 Aa,A1,!;+A -A=/AVAA-F1K 8>9FK=,F810,F-69=,A7F1 /899A/,FLA>=<K=F1F1K<A:9A/,0,+A G8LA<1OA1,l0 9A=7F1K<89AF1F1760,<F=9<A9=,F810! EBC3'%'*+,'*&)*,'(", 5")*&,#*,'0*-!"00*N'()*O%&?%(,(,? Z1 X+F1= ,+AG8LA<1OA1,-9=U0=9A=7F1K<89AF1,+A:8<O=,F81=17

X899A/,FLA P=KA\=<K=F1F1KF1X+F1= !& AL896,F81 8: F1760,<F=9<A9=,F810! Z1 8<7A< ,8 0,=>F9F0A F1760,<F=9 <A9=,F810=17 O=F1,=F1 F1760,<F=9-A=/A " F,=/,FLA9U 0=:AK6=<70,+A AaF0,F1K,<=7A61F810U0,AO=17-<8O8,A0/899A/,FLA.=KA>=<K=F1F1K F1A1,A<-<F0A0! $ " % ;+A G8LA<1OA1, 7AO=170,+=,A1,A<-<F0A0 -=<,F/F-=,AF1 /899A/,FLA.=KA>=<K=F1F1K.F,+.8<VA<0l<A-<A0A1,=,FLA0 " 7F0/600 .F,+,+A9=,,A< " 81=1Ah6=9:88,F1K " F006A006/+=0.=KA7F0,<F>6,F81 =17,+A.=KA9ALA9 " =17/81/967A=/899A/,FLA.=KA=K<AAOA1,!;+A G8LA<1OA1,=908KFLA0-<F8<F,U,8,+A/899A/,FLA.=KA=K<AAOA1,8LA< A1,A<-<F0A<AK69=,F810=179=>86</81,<=/,0 " 08=0,89FOF,,+A-8.A< ,+=,O=U8,+A<.F0A>AA1b8UA7>UA1,A<-<F0A076<F1KF17FLF76=9.=KA >=<K=F1F1K.F,+.8<VA<0! $ ' % ;+A G8LA<1OA1,<A0A<LA0,+A<FK+, 8::F1=9=--<8L=98: /899A/,FLA.=KA=K<AAOA1,0!;+=,F0,80=U " .=KA=K<AAOA1,0=<A18, L=9F7 61,F9 ,+A=7OF1F0,<=,FLA 7A-=<,OA1,0 8: 9=>86<=17 08/F=9 0A/6<F,U+=LA=--<8LA7,+A<A-<A0A1,=,FLA08:>8,+0F7A0F1/899A/,FLA .=KA>=<K=F1F1K " =0.A99=0,+A/81,A1,08:,+A/899A/,FLA=K<AAOA1, =17,+A<A9AL=1,-<8/A76<A0! $ 3 % ;+A G8LA<1OA1, O=17=,A0 /88-A<=,F81 F1 /899A/,FLA.=KA >=<K=F1F1K , ,+=,F0 " 18-=<,UF0=998.A7,8<A08<,,8Aa,<AOA OA=06<A0 " ,+<A=,08<7A/A-,F81! X899A/,FLA.=KA>=<K=F1F1K/=1>A0=F7,8/810,F,6,A G8LA<1OA1,9A7 F1760,<F=9 /88-A<=,F81!;+A G8LA<1OA1, 0,<FLA0 ,8 O=F1,=F1F1760,<F=9-A=/A " <A76/A/81:9F/,0 " F1/<A=0A.=KA0=170,FO69=,A 78OA0,F/ 7AO=17>U A0,=>9F0+F1K ,+A /899A/,FLA.=KA>=<K=F1F1K OA/+=1F0O=17>U,+A0U0,AOl07A0FK1! EBD 1*$&*/*,'%'(","8+,'*&*/' 5&".$/ ! !"00*N'()* O%&?%(,(,?%#",? <.0'($0*3'%Y*2"0-*&/ J 76=9<A-<A0A1,=,F81 0U0,AO:8<.8<VA<0+=0>AA1=78-,A7F1 08OA O=<VA, A/818OFA0! C8< Aa=O-9A " ,+A<A F0 /<800A1,A<-<F0A /899A/,FLA >=<K=F1F1K " =0.A99=0 6 /87A,A<OF1=,F81 7 .F,+F1A1,A<-<F0A0F1GA<O=1U!

!' X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A W8.ALA< GA<O=19=.>A0,8.0,+A<FK+,,8/899A/,FLA>=<K=F1F1K81,<=7A 61F810819U NFgF1KUF '%%4 kJ//8<7F1K,8 X+F1=l0/6<<A1,/899A/,FLA >=<K=F1F1K=17 /81,<=/,0U0,AO F1 A1,A<-<F0A0.F,+86,,<=7A 61F810 <A-<A0A1,=,FLA0/+80A1>U,+A.8<VA<0=908+=LA,+A<FK+,,8-=<,F/F-=,AF1 /899A/,FLA>=<K=F1F1K=17,80FK1/899A/,FLA/81,<=/,0! ;+A<A:8<A ,<=7A 61F8100FK1/899A/,FLA/81,<=/,0.F,+ AO-98UA<0=908F1,+A/=-=/F,U 8: .8<VA<<A-<A0A1,=,FLA0! EF1/A,+A,<=7A61F81F018,,+A819U06>bA/,<A-<A0A1,F1K,+A.8<VA<0 F1=/899A/,FLA/81,<=/, ,+A<A=<A76=99AK=9=,,<F>6,A0F1X+F1=l0/899A/,FLA /81,<=/,0 " ;+A,<=7A 61F81F09AK=99U=9AKF,FO=,A06>bA/,F1=/899A/,FLA /81,<=/,!;+A/899A/,FLA/81,<=/,F,0FK10.F,+,+AA1,A<-<F0AF0=K<86=K<AAOA1,! ' J/899A/,FLA/81,<=/,0FK1A7.F,+,+AA1,A<-<F0A>UA9A/,A7.8<VA< <A-<A0A1,=,FLA0F0 18,= K<86=K<AAOA1, >6,= /899A/,FLA=K<AAOA1, J//8<7F1K,8J<,F/9A'%8:,+AY<8LF0F81081X899A/,FLAX81,<=/,0 .8<VA<<A-<A0A1,=,FLA0 F1=>=<K=F1F1K61F,=<A,8>A/+80A1>U,+A,<=7A61F81=,,+AA1,A<-<F0A!Z:,+A<AF018,<=7A61F81 <A-<A0A1,=,FLA00+8697>AA9A/,A7 ,+<86K+=7AO8/<=,F/-<8/A00 .F,+,+A=00A1,8:=,9A=0,+=9:8: =99.8<VA<0!;+A/+=F<-A<0818:,+A,<=7A61F810+8697>A,+A/+FA:.8<VA<<A-<A0A1,=,FLA!;+A /+=F<-A<081O=U=6,+8<FBA F1.<F,F1K 8,+A<<A-<A0A1,=,FLA0,8=/,81,+AF<>A+=9:!Z:,+A/+=F<-A<081l0 -80F,F81>A/8OA0L=/=1, ,+A-A<081<A0-810F>9A:8<,+A7=F9U8-A<=,F818:,+A,<=7A61F81>A/8OA0 ,+A/+FA:.8<VA<<A-<A0A1,=,FLA!Z:,+A<AF018,<=7A61F81 ,+A/+FA:.8<VA<<A-<A0A1,=,FLA0+8697>A A9A/,A7:<8O=99<A-<A0A1,=,FLA0,+<86K+=7AO8/<=,F/-<8/A00! J//8<7F1K,8J<,F/9A*8:,+AY<8-80A7@A,+8708:X899A/,FLA P=KA\=<K=F1F1K <A-<A0A1,=,FLA0 F1/899A/,FLA.=KA>=<K=F1F1K=<A,8>A0A9A/,A7>U,+AA0,=>9F0+A7-<8/A76<A! P8<VA<0=<A,8>A <A-<A0A1,A7>U,<=7A61F810! Z1=1A1,A<-<F0A.F,+86,=,<=7A61F81 <A-<A0A1,=,FLA00+8697>A A9A/,A7,+<86K+=7AO8/<=,F/-<8/A00.F,+,+A=00A1,8:=,9A=0,+=9:8:=99.8<VA<0!;+A9AK=9 <A-<A0A1,=,FLA8:,+AA1,A<-<F0A=178,+A<0,+AU=--8F1,<A-<A0A1,,+AAO-98UA<! J//8<7F1K,8 J<,F/9A"% 8:,+AY<8-80A7@A,+8708:X899A/,FLA\=<K=F1F1K >8,+ -=<,FA0F1 /899A/,FLA>=<K=F1F1K0+86971=OA=/+FA:<A-<A0A1,=,FLA!;+A/+=F<-A<0818:,+A,<=7A61F810+8697 >A,+A/+FA:.8<VA<<A-<A0A1,=,FLA!;+AU/=1=908=6,+8<F0A F1.<F,F1K=18,+A<-A<081,8=/,81,+AF< >A+=9:!Z:,+A<AF018,<=7A61F81 ,+A/+FA:.8<VA<<A-<A0A1,=,FLA0+8697>AA9A/,A7>U=99.8<VA< <A-<A0A1,=,FLA0! Z1=1A1,A<-<F0A.F,+=,<=7A61F81 18.8<VA<<A-<A0A1,=,FLA+=0,+A<FK+,,8=/,F17A-A17A1,9U 8:F,F1/899A/,FLA>=<K=F1F1K!

X899A/,FLA P=KA\=<K=F1F1KF1X+F1= !( 0FK1A7>A,.AA1=99.8<VA<0=17,+AA1,A<-<F0A! X6<<A1,9=.<AK=<70>8,+,+AK<86-=K<AAOA1,>A,.AA1=,<=7A61F81 =17,+AA1,A<-<F0A =17,+A/899A/,FLA=K<AAOA1,>A,.AA1.8<VA<0=17,+A A1,A<-<F0A =0/899A/,FLA/81,<=/,0!;+AU=<AAh6=99U L=9F7! Z1 /=0A 8: 7F0-6,A0 /81/A<1F1K ,+A /81/960F81=17 FO-9AOA1,=,F81 8:= K<86=K<AAOA1, ,+A,<=7A61F81 =0=-=<,U,8,+A/899A/,FLA/81,<=/, 1=,6<=99U >A/8OA0=06>bA/,.+F/+F0A1,F,9A7,8:F9A=/899A/,FLA/8O-9=F1,:8<9=>86< =<>F,<=,F818<9F,FK=,F81!]1,+A8,+A<+=17 F1/=0A8:7F0-6,A0=<F0F1K :<8O=/899A/,FLA=K<AAOA1,0FK1A7>U.8<VA<0lA9A/,A7<A-<A0A1,=,FLA0 /8O-9=F1,0/=1819U>A:F9A7F1,+A1=OA8:=99,+A.8<VA<0.+8=<A,+A 06>bA/,8:9=>86<=<>F,<=,F818<9F,FK=,F81! EBGZ*)*0"8P*N*,'&%0(/%'(", A&*-"#(,%,'06P*N*,'&%0(/*-!"00*N'()*O%&?%(,(,? ]<FKF1=99U 0,=,A9=.0=17<AK69=,F810.A1,819U=0:=<=0A1,A<-<F0A9ALA9 /899A/,FLA>=<K=F1F1K=17/899A/,FLA/81,<=/,0!;+AU/=,AK8<F0AA1,A<-<F0A 9ALA9,<=7A 61F810=09AK=906>bA/,0F1 /81/967F1K /899A/,FLA/81,<=/,0! N=,A< J<,F/9A#3 8:,+A N=>86< X81,<=/, N=. -<8O69K=,A7 F1'%%$ 08OA.+=,<AOA7FA7 ,+F0 7A:A/,>U 0,F-69=,F1K ,+=,=,/861,U9ALA98< >A98. ,<=7A 61F810 O=U /81/967A F1760,<F=9 8<<AKF81=9 /899A/,FLA /81,<=/,0.F,+ ,+A<A-<A0A1,=,FLA0 8:A1,A<-<F0A0F1 06/+F1760,<FA0=0 /810,<6/,F81 OF1F1K=17 /=,A<F1K! W8.ALA< O8<A 7A,=F9A7 K6F7A9F1A0 0,F99<AO=F1F1=7Ah6=,A! ;+A<A=<A 0-A/F:F/ 0,F-69=,F810 /81/A<1F1K<AKF81=9 8< F1760,<F=9 /899A/,FLA>=<K=F1F1K=17 /899A/,FLA /81,<=/,0 F1 98/=9<AK69=,F810! W8.ALA< ,+80A 98/=9<AK69=,F810 L=<U <A069,F1K F1 /81:9F/,0 F1 =--9F/=,F81 A0-A/F=99U.+A1F1760,<F=9/899A/,FLA>=<K=F1F1K=17/899A/,FLA /81,<=/,0/<800<AKF81=9>8617=<FA0! @8<A8LA< 98/=9<AK69=,F810=<A9A00A::A/,FLA=179A000-A/F:F/ .+F/+ F018,/8176/FLA,8FO-9AOA1,=,F81! X810Ah6A1,9U F1760,<F=98<<AKF81=9 /899A/,FLA>=<K=F1F1K=17/899A/,FLA/81,<=/,0=<A9FOF,A7F1,+AF<K<8.,+ =17:61/,F81!@=1U 8: ,+AO 0,=U 81 -=-A<! @8<A8LA< 9=.0=17

") X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A <AK69=,F810:=F9,8 A0,=>9F0+F1760,<F=98<<AKF81=9,<=7A 61F810=09AK=9 =/,8<0F1 /899A/,FLA>=<K=F1F1K=17 /899A/,FLA /81,<=/,0 =::A/,F1K ,+A L=9F7F,U 8:<AKF81=9 8<F1760,<F=9 /899A/,FLA>=<K=F1F1K=17 /81,<=/,0! ;+A<A:8<A F,F00=:A,8 /81/967A,+=,<AKF81=98<F1760,<F=9/899A/,FLA >=<K=F1F1K=17/899A/,FLA/81,<=/,0=<A0,F99=,=1Aa-A<FOA1,=90,=KA=17 ,+=,O80,/899A/,FLA>=<K=F1F1KF1X+F1=F07A/A1,<=9FBA7=17,=VA0-9=/A=, A1,A<-<F0A9ALA9! J0=<A069, 8: 7A/A1,<=9FBA7 /899A/,FLA>=<K=F1F1K=17 /899A/,FLA /81,<=/,0=,,+AA1,A<-<F0A9ALA9 ,+A<AF0=1FO>=9=1/A8:-8.A<>A,.AA1 ,+A A1,A<-<F0A=17 F,0.8<VA<0! X8O-=<=,FLA 0,67FA0 8: /899A/,FLA >=<K=F1F1K=17/81,<=/,0F18,+A</861,<FA07AO810,<=,A,+=,,+A-8.A<8: =1A1,A<-<F0A 9ALA9,<=7A 61F81F0 O6/+.A=VA<,+=1,+=,8:= O69,F A1,A<-<F0A,<=7A61F81F1/899A/,FLA>=<K=F1F1K=171AK8,F=,F810! " ! ?-S:0 T0:>81C6 U7., A50013. A:881G.7H1 +-F1 R-0F-7373F 73 A,73;+A/+=<=/,A<F0,F/08:X+F1=l0/899A/,FLA.=KA>=<K=F1F1K A0-A/F=99U,+A 0,<81K<89A-9=UA7>U,+A G8LA<1OA1,=17,+AAO-+=0F081/88-A<=,F81 +=LA:=/F9F,=,A7,+A.F7A=78-,F818:,+A0U0,AO=/<800X+F1=F1=<A9=,FLA9U 0+8<,-A<F878:,FOA! W8.ALA< 7A0-F,A,+A/810F7A<=>9AK<8.,+F1,+A 16O>A< 8: A1,A<-<F0A0 A1K=KA7 F1 /899A/,FLA.=KA>=<K=F1F1K=17 /81/967F1K/899A/,FLA.=KA=K<AAOA1,0 =0.A99=0,+A16O>A<8:.8<VA<0 /8LA<A7 -<8>9AO00,F99AaF0,F1,+A:8998.F1K=<A=0! CBE 92**88*N'"8 N"00*N'()* T%?*:%&?%(,(,?(/&*/'&%(,*-:6 T"&Y*&/U (,%-*[.%'*$%&'(N($%'(",(,-*#"N&%'(N#%,%?*#*,' C8<=981K,FOA X+F1=l0-<8O8,F818:.8<VA<-=<,F/F-=,F81F17AO8/<=,F/ A1,A<-<F0AO=1=KAOA1,+=018,>AA1LA<U06//A00:69!Y=<,F/F-=,F81<AO=F10 06-A<:F/F=9!Z1 8,+A<.8<70 F,+=0>AA1 h6F,A7F::F/69,:8< .8<VA<0,8 -=<,F/F-=,AF1,+A7AO8/<=,F/ O=1=KAOA1,8:,+AA1,A<-<F0A.+A<A,+AU

X899A/,FLA P=KA\=<K=F1F1KF1X+F1= "* .8<V! DLA1 F: 06/+= 0U0,AO AaF0,0 F1=1 A1,A<-<F0A ,+A 9ALA9 8: -=<,F/F-=,F81F008F1=7Ah6=,A,+=,18-<8-A<A/818OF/8<08/F=9>A1A:F,F0 Aa-A<FA1/A7!;+AO=b8<<A=0819FA0F1,+A:=/,,+=,O=1UA1,A<-<F0A8.1A<0 =17O=1=KA<0O=aFOF0A,+AF<8.1>A1A:F,0>U/=-F,=9F0F1K81,+AF<<A086</A =17F1:8<O=,F81=7L=1,=KA0! W8.ALA< F:.8<VA<0/=1-=<,F/F-=,A06>0,=1,F=99UF1,+AO=1=KAOA1, 8:,+AA1,A<-<F0A ,+AU.F99+=LA=:699A<617A<0,=17F1K8:F,08-A<=,F81=9 =17:F1=1/F=9 0,=,60 ,+A<A>U<A76/F1K ,+A 0/8-A 8: A1,A<-<F0A <A-<A0A1,=,FLA0,8 -6<06A = 0,<=,AKU 8:.=KA OF1FOF0=,F81! Z1 8,+A< .8<70 .8<VA<0l -=<,F/F-=,F81 F1 O=1=KAOA1, O=U -6, 8.1A<0=17 O=1=KA<0=,=7F0=7L=1,=KA! W8.ALA< ,+F0LFA.F00+8<,0FK+,A7>A/=60A ,+A8<A,F/=99U0-A=VF1K F1= O=<VA,A/818OU.F,+ -A<:A/,/8O-A,F,F81 A1,A<-<F0A-<8:F,0.F99=9.=U0/81LA<KA,8.=<70BA<8!Z18<7A<,8=/+FALA =>8LA=LA<=KA-<8:F,0 A1,A<-<F0A0 O60,F1/<A=0A,+AF<F1-6, F1/967F1K +6O=1/=-F,=9F1-6,!Z10,A=78:0FO-9U0h6AABF1K9=>86</80,0 ,+A<A:8<A =7L=1/A7 O87A<1>60F1A00O=1=KAOA1,,<FA0,8FO-<8LA,+A=77A7L=96A8: +6O=1/=-F,=9 ,=--F1KF1,8-A8-9Al0F1F,F=,FLA=17/<A=,FLF,UF18<7A<,8 /<A=,A=>8LA=LA<=KA-<8:F,0:8<,+AA1,A<-<F0A! WFK+F1-6, +FK+.=KA +FK+h6=9F,U +FK+-<8:F,F0,+A:617=OA1,=9<=,F81=9A8: O87A<1>60F1A00 O=1=KAOA1, =0.A99=0,+A:8617=,F8181.+F/+,8-A1,A<-<F0A0-<8O8,A 7AO8/<=,F/-=<,F/F-=,F81>U.8<VA<0! Z,0AAO0 +8.ALA< ,+=,F1X+F1=7AO8/<=,F/-=<,F/F-=,F81>U.8<VA<0 F1 O=1=KF1K /8O-=1U=::=F<0F0 0,F99=,= -<AO87A<1 98..=KA 98. h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

"! X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A F1,A<A0,0,8,+80A8:,+AA1,A<-<F0A!]19UF1,+F0.=U/=1/899A/,FLA.=KA >=<K=F1F1K,<=10/A17,+A,F,:8<,=,K<=>:8<>FKKA<-FA/A08:,+AAaF0,F1K -FAF1,+A7F<A/,F818:b8F1,A::8<,0,8O=VA,+A-FA>FKKA<=17,+A<A:8<A,8 O8LA ,8.=<70=.F1.F1 86,/8OA! Z, /=1>A /81/967A7 ,+=, ,+A A::A/,FLA1A008:/899A/,FLA.=KA>=<K=F1F1KF0-80F,FLA9U/8<<A9=,A7.F,+,+A 9ALA98:7AO8/<=,F/.8<VA<-=<,F/F-=,F81F1A1,A<-<F0A O=1=KAOA1,!]19U >U:6<,+A<-<8O8,F1K06/+ -=<,F/F-=,F81/=1 .A:617=OA1,=99U/+=1KA,+A 0F,6=,F81F1.+F/+/899A/,FLA.=KA>=<K=F1F1K+=00FK1F:F/=1/A819U81-=-A<! " ! "=-G@:D /U-013166:D A:881G.7H1+-F1 R-0F-7373F J,-<A0A1, ,+A<AF0=<AKF81=9FO>=9=1/AF1,+A7ALA98-OA1,8:/899A/,FLA.=KA >=<K=F1F1KF1X+F1=!;+AO8<A=7L=1/A7<AKF810+=LA:8<OA7=:=L86<=>9A08/F=9 A1LF<81OA1, F1.+F/+ AO-98UA<0=17.8<VA<0 7A/F7A 81.=KA0,+<86K+ /899A/,FLA.=KA>=<K=F1F1K!]1,+A8,+A<+=17 ,+A<A=<A0,F99O=1U<AKF810F1 .+F/+.=KA0=<A7A/F7A761F9=,A<=99U>U,+AA1,A<-<F0A! J9,+86K+F,F0/8OO81-<=/,F/AF1 O=<VA,A/818OFA0:8<,<=7A61F810 ,8<A-<A0A1,.8<VA<0F1 /899A/,FLA.=KA>=<K=F1F1K.F,+ A1,A<-<F0A0 0,=VA+897A<0F1X+F1=0,F99+=LAOF0/81/A-,F8108</81/A<10=>86,F,! CF<0, 8:=99 08OA98/=9K8LA<1OA1,0,=VA,+A1=<<8. LFA.,+=,/899A/,FLA.=KA >=<K=F1F1K7<FLA0F1LA0,8<0=.=U=170,61,098/=9A/818OF/K<8.,+!;+AU ,6<1=7A=:A=<,8/=990:8</899A/,FLA.=KA>=<K=F1F1K:8<:A=<8:=1KA<F1K F1LA0,8<0 `6`F=8b61 '%%4 kJ,,+A0=OA,FOA 08OAA1,A<-<F0A8.1A<0 8<O=1=KA<0 A0-A/F=99U-<FL=,A>60F1A008.1A<0 >A9FALAF,F00FO-9U,+AF< <FK+,,87A/F7A.=KA0!;+F0>A9FA:9A=70,8,+A-<AL=9A1/A8:61F9=,A<=9 7A/F0F81 O=VF1K>UA1,A<-<F0A081.=KA9ALA90 OA=108:-=UOA1,=17 <=F0A0 O=VF1K F, 7F::F/69, ,8 -<8O8,A /899A/,FLA.=KA>=<K=F1F1K! X810Ah6A1,9U ,+A O=b8<F,U8:.8<VA<07818,A1b8U,+A:699>A1A:F,08: A/818OF/K<8.,+!;+AF<.=KA9ALA90=<ALA<U98. .F,+9FOF,A7.=KA <F0A0 <A069,F1KF1:<Ah6A1,/81:<81,=,F810!Z1=77F,F81 08OA,<=7A61F81 8::F/F=90<AK=<7F,=0:=<,887F::F/69,,8-<8O8,A/899A/,FLA.=KA>=<K=F1F1K 8<:=F9,8 617A<0,=17,+AFO-8<,=1,<89A 8:,<=7A 61F810F1 /899A/,FLA

>=<K=F1F1K! X899A/,FLA P=KA\=<K=F1F1KF1X+F1= "" " ! #=-G@:D R73473F B:0G1 X899A/,FLA.=KA>=<K=F1F1KF0=:8<O 8:9A=0A,<=10=/,F81>A,.AA1=1 A1,A<-<F0A=17F,0.8<VA<0! J0F1,A<1=9=17Aa,A<1=9/817F,F810/+=1KA " ,+AA1,A<-<F0A0+8697<A1AK8,F=,A,+A9=>86<<A1,=9-<F/A.F,+.8<VA<0! EF1/AF,F0=,<=10=/,F81 " ,+AF1,A<A0,08:>8,+8.1A<0=17.8<VA<0=<A F1L89LA7 " =17,+A<AF0,+A-<8>9AO8:.+A,+A<,+A7F::A<A1,F1,A<A0,K<86-0 /=1<A=/+=1=K<AAOA1,>U.=U8:/8O-<8OF0A!;+A/6<<A1,>=<K=F1F1K 0U0,AO " 9=.0=17<AK69=,F810 F1 X+F1==<A=--=<A1,9U F1=7Ah6=,A F1 -<8LF7F1KF1/A1,FLA0,8-<8O8,A/899A/,FLA.=KA>=<K=F1F1K8<ALA1FO-80A <A0,<=F1,0.+F/+ 617A<OF1AF,! J0=<A069, " >=<K=F1F1KF0+=<79U81=1 Ah6=9:88,F1K " ,+A.A=VA<-=<,Ul0F1,A<A0,F0LF89=,A7=17K<FAL=1/A0=<A =//6O69=,A7 " .+F/+F0/8176/FLA1AF,+A<,8,+A981K,A<O K<8.,+8:,+A A1,A<-<F0A18<,8,+A-<8,A/,F818:.8<VA<0l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

"# X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A >=<K=F1F1K 81=1 Ah6=9:88,F1K 81.=KA 7F0,<F>6,F81 .=U0 8:.=KA 7F0,<F>6,F81 =17.=KA9ALA90 % k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k;+A.8<7 $ O=U % F17F/=,A0,+=,,+A /81,<=/,F08-,F81=9 18,/8O-6908<U F19AK=9,A<O0! J//8<7F1K,8,+A !",E0$0,6$,6 A,&&#1/0E#A,6/"'1/$ .+A181A-=<,U7AO=170/899A/,FLA >=<K=F1F1K ,+A8,+A<-=<,U0+=99KFLA=.<F,,A1<A-9U.F,+F1'%7=U08: <A/AFLF1K,+A<Ah6A0, =170+=9918,<AbA/,/899A/,FLA>=<K=F1F1K.F,+86, b60,F:F/=,F81 % kW8.ALA< F,78A0 18,7A:F1A.+=,/810,F,6,A0 $ .F,+86, b60,F:F/=,F81 % kRAF,+A<F0F,/9A=<=>86,,+A9AK=9/810Ah6A1/A0F:81A-=<,U <AbA/,08<7A:=69,081/899A/,FLA>=<K=F1F1K!Z1/81/960F81 F1/8O-9A,A9=.0 =17<AK69=,F810=<A=O=b8<:=/,8<<A0,<=F1F1K/899A/,FLA.=KA>=<K=F1F1K! ' ;+A<AF0=9=/V 8:06>0,=1,F=9 O=/<8 K6F7=1/A .F,+<AK=<7,8 /899A/,FLA.=KA>=<K=F1F1K>U,+AG8LA<1OA1,! X899A/,FLA.=KA>=<K=F1F1K F1/967A0.=KA7F0,<F>6,F81 OA=108:.=KA7F0,<F>6,F81=17.=KA9ALA90 =998:.+F/+0+8697<A:9A/,,+A0,=17=<70,=,A9=.0819=>86<<AO61A<=,F81! \6,,+A/6<<A1,0,=17=<79=.0819=>86<<AO61A<=,F81=<A:=<:<8O OAA,F1K ,+A1AA708:/899A/,FLA.=KA>=<K=F1F1K!@8<A8LA< 8.F1K,8,+A9=/V8: <A9AL=1,7=,= 06/+=0=LA<=KA.=KAF1F1760,<U .=KA>=<K=F1F1K O60, <A:A<,8,+A98/=9OF1FO6O.=KA8<,8.=KAK6F7A9F1A0.+F/+=<A:=<,88 KA1A<=9! J0=<A069, /899A/,FLA.=KA>=<K=F1F1K8:,A19=/V08>bA/,FLA=17 L=9F7<A:A<A1/A0!

X899A/,FLA P=KA\=<K=F1F1KF1X+F1= "$ 3 ;+A/6<<A1,08/F=90A/6<F,U0U0,AOF1X+F1=:=F90,8KFLA.8<VA<0 A186K+.AFK+,F1.=KA>=<K=F1F1K! J /899A/,FLA.=KA=K<AAOA1,0+8697 <A069,:<8O=/810A1060>A,.AA1,.8 -=<,FA081,+A>=0F08:Ah6=9F,U <A=081=17/81069,=,F81!;+=,F0,80=U F,F0-800F>9A18,,8<A=/+=1 =K<AAOA1,! Z:,+A<AF006/+ 7F0=K<AAOA1, ,+A.A=VA< -=<,U +=0:A. >=<K=F1F1K/861,A<0 06/+=0.=9VF1K=.=U:<8O ,+A>=<K=F1F1K,=>9A 8.F1K,8,+A/6<<A1,9UF1=7Ah6=,A08/F=90A/6<F,U0U0,AO .+F/+ OA=10 ,+=,.8<VA<0/=118,7A-A17 81F,F:,+AU980A,+AF<b8>! Z1,+AA17 .8<VA<0/=1819U=//A-,,+A/817F,F8100A,>UAO-98UA<0!;+F0VF178: 06-A<:F/F=9/810A1060/=1+=<79U>A:=F<=17Ah6F,=>9A! # ! ?-V7C761.,1 9:81:D;0-41<37:36 73 A:881G.7H1+-F1 R-0F-7373F X899A/,FLA.=KA>=<K=F1F1K/=OAF1,8>AF1KF1 X+F1=<A9=,FLA9U<A/A1,9U! RAF,+A<AO-98UA<0 18< AO-98UAA0=<A.A99Ah6F--A7.F,+ ,+A8<FA0 8< Aa-A<FA1/A!;<=7A61F81<A-<A0A1,=,FLA00AAO,8>AF1=.A=V-80F,F81F1 /899A/,FLA.=KA>=<K=F1F1K! e67KF1K>U /899A/,FLA.=KA>=<K=F1F1K -<=/,F/A0F18,+A</861,<FA0 /8O-=1FA0 % =>F9F,U,8-=U.=KA0=17,<=7A 61F810l=>F9F,U,8:8</A/8O-=1FA0,8-=U.=KA0l=<A,.8VAU:=/,8<0F1 /899A/,FLA.=KA>=<K=F1F1K W6=1K 5A1OF1 '%%& kW8.ALA< F,,=VA0 Aa-A<,F0A,89ALA<=KA,+A0A,.8:=/,8<0! # ! ! P54F73F A:CK-3716 l />787.Q.: T-Q+-F16 ;+F0F0=:8/=9F006AF1/899A/,FLA>=<K=F1F1K! X8O-=1FA0,<U,878.1-9=U ,+AF<=>F9F,U,8-=U.=KA0=,,+A9ALA97AO=17A7>U,<=7A61F810 ><F1KF1K :8<.=<7=99VF1708::F1=1/F=97=,=,8>=/V 6-,+AF</9=FO0 .+F9A,<=7A 61F81<A-<A0A1,=,FLA0,<U,8F7A1,F:U=<A=08: OF0<A-<A0A1,=,F81F1,+80A 0=OA7=,=! W8.ALA< /8O-=1FA0606=99U+=LA=//A00,8O8<AF1:8<O=,F81 ,+=1 ,<=7A 61F810! X810Ah6A1,9U ,<=7A 61F810 0+8697 7AO=17 ,+=, /8O-=1FA0-<8LF7A=99,+AF1:8<O=,F81 1AA7A7F1>=<K=F1F1K 81,+A81A

"% X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A +=17 .+F9Ab67KF1K,+A9=,,A<l0=>F9F,U,8 -=U .=KA0F1,A<O0 8:,+A :8998.F1K,+<AA:=/,8<0 81,+A8,+A< " P+A,+A<,+A/8O-=1UF08-A<=,F1K18<O=99U! J/8O-=1U61=>9A ,8 O=F1,=F1>=0F/ 8-A<=,F810F0 /9A=<9U 61=>9A ,8 -=U +FK+A<.=KA0! P8<VA<0606=99U+=LA=0A10A8:.+A,+A<,+A<A=<A18<O=98-A<=,F810 8< ,+AU/86970FO-9U/+A/V.+A,+A</=-=/F,UF0>AF1K:699U6,F9FBA7! ' ;+A/8O-=1Ul0-<8:F,=>F9F,U A0-A/F=99UF,0-<8:F,,=a-=UOA1,0! \8,+=<AFO-8<,=1,F17F/=,8<08:=/8O-=1Ul0A/818OF/-A<:8<O=1/A! J /8O-=1U O=U O=VA98. 8<ALA1 1AK=,FLA -<8:F,8.F1K ,8F,09=/V 8: /8O-A,F,FLA1A00 ,+A O=<VA,A1LF<81OA1,8<+FK+/80,0! J0=<A069, F, O=U>A61=>9A,8-=U+FK+A<.=KA0! X8<-8<=,A-<8:F,,=a-=UOA1,0=<A=1 FO-8<,=1, -FA/A 8: ALF7A1/AF1 b67KF1K = /8O-=1Ul0 -<8:F,=>F9F,U =17 ,+A<A>UF,0=>F9F,U,8-=U.=KA0! 3 ;+A/8O-=1Ul0-6</+=0A08:-<876/,F818<181-<876/,F81<A9=,A7 Ah6F-OA1,! J/8O-=1UO=U/F,A<A=081006/+=0-<876/,F81Aa-=10F81=17 Ah6F-OA1,6-K<=7F1K,8Aa-9=F1.+UF,/=118,-=U+FK+A<.=KA0!Z:,+F0F0 F17AA7,+A/=0A ,+A,<=7A61F810+8697>A06--8<,FLA>U=7b60,F1KF,0 8<FKF1=97AO=170=17/=99F1K81.8<VA<0,8/81,<F>6,A,8,+AK<8.,+8:,+A /8O-=1U .+F/+F0=K=F1=7AO810,<=,F81,+=,/899A/,FLA.=KA>=<K=F1F1K F1X+F1=F08<FA1,A7,8.=<70O6,6=9F1,A<A0,0=17/88-A<=,F81! X8O-=1FA0 0+8697-<A0A1,-+U0F/=9ALF7A1/A8:1A.Ah6F-OA1,-<8/6<AOA1,! DBC9&%-*W,(",/UR:(0('6'"S"&N*!"#$%,(*/'"A%6\(?2*& V%?*/ ;+F0<A:A<0,8,<=7A61F810l=>F9F,U,8=/+FALA,+AF<>=<K=F1F1K,=<KA,0.+A1 /8O-=1FA0.F,+,+A/=-=/F,U,8-=U+FK+A<.=KA0<A:60A,8/8OA,8=1 =K<AAOA1,!Z,606=99U7A-A17081,+A:8998.F1K,+<AA/810F7A<=,F810 " W8..A998<K=1F0A7=,<=7A61F81F0! X899A/,FLA.=KA>=<K=F1F1K F0>=<K=F1F1K 81=1 Ah6=9:88,F1K>A,.AA1.8<VA<<A-<A0A1,=,FLA0=17 A1,A<-<F0A<A-<A0A1,=,FLA0 8LA<.=KA=17 8,+A< /8O-A10=,F81 F006A0! J9,+86K+F,F0,+A8<A,F/=99U=179AK=99U -800F>9A:8< .8<VA<0F1=181 61F81F0A7A1,A<-<F0A,8A9A/,<A-<A0A1,=,FLA0 F,F0+=<7,8/=<<U86,,<6A

X899A/,FLA P=KA\=<K=F1F1KF1X+F1= "& >=<K=F1F1K8<,87A:A17,+AF1,A<A0,08:,+80A<A-<A0A1,A7.F,+86,A::A/,FLA 8<K=1F0=,F81!;+A<A:8<A " ,+AA0,=>9F0+OA1,8:=1A::A/,FLA,<=7A61F81F0 =1F10,F,6,F81=9-<A/817F,F81:8</899A/,FLA.=KA>=<K=F1F1K! $ ' % ;+A1AK8,F=,F810VF9908:,<=7A61F81<A-<A0A1,=,FLA0! X899A/,FLA .=KA>=<K=F1F1KF0= -<8/A00 8:=1=9U0F0 " =<K6OA1,=,F81 " 7A>=,A=17 /8O-<8OF0A8LA<.=KA<A9=,A7F006A0 " .+F/+/=990:8<V18.9A7KA8:9=. " A/818OF/0 " O=1=KAOA1,=17 /8<-8<=,A:F1=1/A!;+A:69:F9OA1, 8: >=<K=F1F1K8>bA/,FLA0 7A-A170,8=9=<KA Aa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kW8.ALA< " F1<A=9F,U " O=1U,<=7A 61F81/+=F<-A<0810=<A=908=7OF1F0,<=,8<08< O=1=KA<0 " .+8=<AAF,+A< 18,:699U h6=9F:FA7 8< ALA1 F99 h6=9F:FA7 ,8<A-<A0A1,,+AF1,A<A0,0 8: .8<VA<0!;+A<A=<A08OA<69A0=17<AK69=,F81081,+F0 ! J<,F/9A')8:,+A Y<8LF0F81081 X899A/,FLA X81,<=/,0 0,F-69=,A0 ,+=,= -A<081 0+=99 18, <A-<A0A1,>8,+AO-98UA<=17AO-98UAA=,,+A0=OA,FOA , J<,F/9A')8:,+A 5AK69=,F8181;<=7A S1F81 P8<VF1 D1,A<-<F0A00,=,A0,+=, 6 A1,A<-<F0A AaA/6,FLA0 " -=<,1A<0=17,+AF</980A<A9=,FLA00+=9918,>A/8OA/=17F7=,A0 :8<,+AA1,A<-<F0A,<=7A61F81/8OOF,,AA 7, J<,F/9A48:,+A@A=06<A0:8< ,+A D9A/,F81 8: ,+A;<=7A S1F81 X+=F<-A<081 8:=1 D1,A<-<F0A $ Y<8LF0F81=9 % 0,=,A0,+=, 6 A1,A<-<F0A AaA/6,FLA0 $ F1/967F1K 7A-6,FA0 %" -=<,1A<0=17 ,+AF< /980A<A9=,FLA0 " +A=70 8:,+A W5 7A-=<,OA1,=17

"' X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A AO-98UAA0.F,+:8<AFK11=,F81=9F,U0+=9918,>A/8OA/=17F7=,A0:8<,<=7A 61F81 /+=F<-A<0810+F% kRALA<,+A9A00 ,+A0A<69A0=17<AK69=,F810=<A -88<9U A1:8</A7 9A=7F1K ,8 610=,F0:=/,8<U<A069,0!;+A<A:8<A ,+A !",;,$#:Q#/7,:$,? A,&&#1/0E# 2'3#@'"3'06063 0+8697>A<ALF0A7=0 0881=0 -800F>9A! \A:8<A,+=, ,<=7A 61F81 /+=F<-A<0810.+8=<A=908 AaA/6,FLA08:,+AA1,A<-<F0A0+8697,=VA,+AF1F,F=,FLA,8-<8-80A,+=,= O8<Ah6=9F:FA7-A<081>A:8617,80A<LA=0/+FA:.8<VA<<A-<A0A1,=,FLAF1 /899A/,FLA.=KA>=<K=F1F1K! J,,+A0=OA,FOA ,<=7A61F8100+8697 O8>F9F0A.8<VA<0,8,=VA-=<, F1 /899A/,FLA>=<K=F1F1K!;+AU 0+8697 089F/F,.8<VA<0l 8-F1F810 Aa,A10FLA9U -<876/A = 0+8<,9F0, 8:/=17F7=,A0=17+A9- 0A9A/,.8<VA< <A-<A0A1,=,FLA0,+<86K+06/+ 7AO8/<=,F/-<8/A00A0=0A9A/,F81>U0A/<A, >=998,!]1/A,+A<A-<A0A1,=,FLA0=<AA9A/,A7 ,<=7A61F8100+8697 8::A< ,+AO,<=F1F1K=170AOF1=<081+8.,8/8176/,/899A/,FLA>=<K=F1F1K! ' X899A/,06::F/FA1,F1:8<O=,F81 O=VA=/8<<A/,=1=9U0F0=17-6,F, ,8,+A<FK+,60A! J7Ah6=,A-<A-=<=,F81F0F17F0-A10=>9AF1/899A/,FLA.=KA >=<K=F1F1K!;8A106<A,+=,,+A>=<K=F1F1KF0<A=99U81b60,K<86170=17,8 .8<VA<0l=7L=1,=KA Aa,A10FLA F1:8<O=,F81 0+8697>A /899A/,A7 >A:8<A+=17! X8<<A/,=1=9U0F0=17 60=KA=<A=908FO-8<,=1,! 5Ah6F<A7 F1:8<O=,F81F1/967A0 O=/<8A/818OF/7=,==17A1,A<-<F0AA/818OF/7=,=! ;8>A O8<A0-A/F:F/ O=/<8A/818OF/ 7=,= 0+8697F1/967A,+A 1=,F81=9 /8106OA<-<F/AF17Aa XYZ K6F7A9F1A081A1,A<-<F0A.=KA0F006A7>U,+A 98/=9K8LA<1OA1, =116=9=LA<=KA.=KA0F1,+A<AKF81=17=LA<=KA.=KA0 F1,+AF1760,<U! S17A< 18<O=9/F</6O0,=1/A0 A1,A<-<F0A.=KA9ALA90 0+8697>A=7b60,A7 ,8 /+=1KA0F1 ,+A0AF17F/=,8<0! P+A1 ,+A<AF0= /810F7A<=>9A6-.=<7 O8LAOA1,F1,+A0AF17F/=,8<0 ,<=7A61F8100+8697 7AO=17=.=KAF1/<A=0A! D1,A<-<F0A A/818OF/ 7=,=F1/967A=116=986,-6, =116=9,6<18LA< =116=9-<8:F,0 -<8:F,K<8.,+ ,8,=9=116=9Aa-A17F,6<A=17,8,=9/80,0 F1/967F1K O=,A<F=9/80,0 8LA<+A=70 9=>86</80,0=170881 ,8,=9.=KA -=UOA1,0=17=LA<=KA.=KA0! CF<0, .+A1=1=9U0F1K=1760F1K,+A7=,= ,+AU0+8697 18,>A,=VA1=,:=/AL=96A! Z10,A=7 F,0+8697>A/+A/VA7

X899A/,FLA P=KA\=<K=F1F1KF1X+F1= "( .+A,+A<,+AU=<A/810F0,A1,! Z1 ,+A>=<K=F1F1K -<8/A00 " ,<=7A 61F810 0+86977AO=17Aa-9=1=,F810:<8O A1,A<-<F0A08<-<8-80A,+=,.=KA0>A 9F1VA7,886,-6,F10,A=78:-<8:F,0 " .F,+=LFA. ,8-<8,A/,F1K.8<VA<0l <FK+,0! EA/8179U " F17F/=,8<00+8697>A=00-A/F:F/=0-800F>9A " /8LA<F1K >8,+,8,=9=O861,0=1761F,=O861,0!C8<Aa=O-9A " .+A17F0/600F1K.=KA F1/<A=0A0 " =,,A1,F810+8697>A-=F7 " 18,819U,8,+A-A</A1,=KA8:,+A 8LA<=99F1/<A=0A " >6,=908 ,+A -A</A1,=KA 8:F1/<A=0A:8<.8<VA<0 8: 7F::A<A1,9ALA90 " 08 ,+=,=99.8<VA<0 /=1>A1A:F,:<8O 18<O=9<=F0A0! ;+F<79U " .+A1 -<A-=<F1K:8</899A/,FLA .=KA>=<K=F1F1K " F1=77F,F81,8 0-A/F:F/.=KA,=<KA,0 " ,+A<A0+8697=908>A=/8O-<A+A10FLA9=>86</80, =1=9U0F0=17=//861,F1K! N=>8</80,<A:A<0,8=99A1,A<-<F0A/80,0<A9=,A7,8 .=KA0 " F1/967F1K.=KA /80,0=17=77810! J77810<F0A.F,+.=KA F1/<A=0A0!;+A<A:8<A " >A:8<A/899A/,FLA.=KA>=<K=F1F1K " ,+A,<=7A61F81 0+8697KFLA/8O-<A+A10FLA/810F7A<=,F81,8,+AFO-=/,81,+AA1,A<-<F0A8: F1/<A=0A0F1>8,+.=KA /80,0=17=77810 " 08 ,+=, F,0 -<8-80=9F0 <A=081=>9A! $ 3 % P8<V 86,,+AF006A0 " F1/967F1K VAUF006A0 " :8<,+A6-/8OF1K /899A/,FLA.=KA>=<K=F1F1K!;+AF7A1,F:F/=,F81=17<AK69=<=7b60,OA1,8: .=KA9ALA90F0=VAU-=<,8:A1,A<-<F0A/899A/,FLA.=KA>=<K=F1F1K!\A0F7A0 " ,+A<A=<A8,+A<06>0,=1,F=9F006A0 " O80,9U<A9=,A7,8,+A.=KA0U0,AO=17 .=KA 7F::A<A1,F=90!;+A.=KA 0U0,AO /8LA<0=.F7A<=1KA 8:F,AO0 " F1/967F1K,+A>=0F/.=KA0U0,AO " >=0F/.=KA<=,A0:8<7F::A<A1,-80,0=17 ,U-A08:.8<V " .=KA-=UOA1,K6=<=1,AA0=170881! P=KA7F::A<A1,F=90=<A 7F::A<A1/A0F1.=KA0>A,.AA17F::A<A1,,U-A08:.8<VA<0! ;+A<A:8<A " ,+A ,8-F/0:8<=116=9/899A/,FLA>=<K=F1F1K 0+8697>A 7A,A<OF1A7F1=//8<7=1/A.F,+=116=9A1,A<-<F0A-A<:8<O=1/A=17,+A981K ,A<O.=KA>=<K=F1F1K -9=1! ;+AU O=UF1/967A ! >=0F/:8<O08:.=KA 7F0,<F>6,F81 , .+A,+A<,+A.=KAF09F1VA7,87A-=<,OA1,=9-A<:8<O=1/A8< A1,A<-<F0A-A<:8<O=1/A " ,8 -<8:F,,=<KA,08<86,-6,,=<KA,0 , /<F,A<F=:8< <=F0A0 " 06/+=0=116=9-A<:8<O=1/AAL=96=,F81=17b8> ,F,9A0 , 8LA<,FOA .=KA<=,A0 " .=KA<=,A0.+A1 -<876/,F81 0,8-0 8<F0<611F1K=,+=9: /=-=/F,U " -80, .=F,F1K=998.=1/A=17A=<9U<A,F<AOA1,=998.=1/A , .=KA

#) X8O-=<=,FLAZ1760,<F=95A9=,F810 ! X+F1= " E86,+H8<A==17GA<O=1U # D6<8-A F1/<A=0A08<7A/<A=0A0:8<7F::A<A1,-80,0 , >8160A0=178,+A<F1/A1,FLA0 , .=KA<A76/,F8176<F1KF1760,<U.F7A<A/A00F810 , 9=U8::/8O-A10=,F81=17 0881!;+AUO=U=908F1/967A ! A1,A<-<F0A0-A/F:F/>A1A:F,0 " ,+A9ALA98:,+A +860F1K/8OO81<A0A<LA:617 " -=F7 .A77F1K=17>A<A=LAOA1,9A=LA " 06--9AOA1,=<UF106<=1/A=170881 $ `6I81KaF1K " '%%3 % k e67KF1K>U,+A/6<<A1,0,=,A 8: X+F1A0A,<=7A 61F810 " ,<=7A 61F81 8::F/F=900+8697FO-<8LA,+AF</899A/,FLA.=KA>=<K=F1F1K0VF990 " =/h6F<A 06::F/FA1,V18.9A7KA,8>A=>9A,8=1=9U0A,+A<A9AL=1,:=/,8<0/8<<A/,9U " A106<A,+AA::A/,FLA1A00 8:/899A/,FLA.=KA>=<K=F1F1K=17 -<8,A/,,+A <FK+,08:.8<VA<0 $ [=1 W6F " '%%& % k 1*8*&*,N*/ X+A1K[=1U6=1 $ '%%) %" %#$#'"1706/,/7# A,&&#1/0E#@'"3'06063.F$/#5 !\AFbF1K ! X+F1=5A1OF1 S1FLA<0F,UY<A00! W6=1K5A1OF1 $ '%%& %" M-0:#+,,C?,"A,&&#1/0E# 2'3#@'"3'06063%#;"#$#6/'/0E#$ " \AFbF1K ! X+F1= P8<VA<0lY<A00 " --!')('#! NFgF1KUF $ '%%4 %"6 N=,A0,IALA98-OA1,0F1 P=KA\=<K=F1F1KF1GA<O=1U 7" F1 ! UT0#N ,?)'+,"960,6$ " "& ! 4'! N68`F=1KOF1K=17XA1K`F=81F1K $ '%%4 %"6 P=KA\=<K=F1F1K ! ;<=7AS1F810PF99Y9=U =1Z1/<A=0F1K9UZO-8<,=1,589A 7" .017-'62,"C#"$RI'0&F " "%@=U " -!"! !#,;&#R$I'0&F $ '%%% %"6 Y<8-80A7@A,+8708:X899A/,FLA\=<K=F1F1K 7" '&R8LAO>A<! `6 I81KaF1K $ '%%3 %" 6 J E,67U 8: IF::F/69,FA0F1 ZO-9AOA1,F1K X899A/,FLA P=KA \=<K=F1F1KF1E]D0 7" F1 ! K"':#960,64,"-5 " ) ! "4! `6`F=8b61 $ '%%4 %"6 ;<=7A S1F810E+8697\A/8OA,+A@=b8< J/,8<F1ZO-9AOA1,F1K P8<VA< P=KAZ1/<A=0A@A/+=1F0O 7" F1 ! A706'.,10'&.10#61#$I03#$/ # ! "'$! [=1 W6F $ '%%& %" %#$#'"17 ,6 K7#,"0#$ ,?.,10'&0$/ K"':# 960,6$ N0/7 A706#$# A7'"'1/#"0$/01$ $ _896OA" % k\AFbF1K ! X+F1= N=>8< E8/F=9 EA/6<F,U Y6>9F0+F1K W860A " -!33! Q+=1K NFV61 $ '%%& %" 6 E8OA]6,0,=17F1KZ1760,<F=9 5A9=,F810Z006A0F1 X+F1==17 X861,A<OA=06<A0 7" F1 ! B,-"6'&,?A706'*6$/0/-/#,?*6:-$/"0'&%#&'/0,6$ " ' ! 4!

Z%:".&1*0%'(",/%,-!"00*N'()*O%&?%(,(,? (,3".'24"&*% @8LF1K:<8O D1,A<-<F0A9ALA9X899A/,FLA\=<K=F1F1K,8 Z1760,<U EA/,8<=99ALA9X899A/,FLA\=<K=F1F1K [861KO8[881 ! ! 23.0:45G.7:3 X899A/,FLA>=<K=F1F1KF1H8<A=.=0 :8<=981K,FOA 0+=-A7>U,.80,<81K ,<=7F,F810!]1A.=0,+A0,<=,AKU8:,+A $ 7ALA98-OA1,=9 % 0,=,A ,+A=FO8: .+F/+.=0 ,8 /81,<89 9=>86< /80,0=17 9=>86<=/,FLF0O.F,+F1 ,+A :<=OA.8<V8:=1Aa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l-<A006<A:8<=6,818OU=17 0A9:

#! X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A 8<K=1F0=,F81+=7,8=7=-,,8,+AAaF0,F1K0,<6/,6<A8:A1,A<-<F0A61F81F0O .+F/++=7>AA1A0,=>9F0+A7=17 O=F1,=F1A7>U,+AK8LA<1OA1,0F1/A,+A A=<9U"*$%0! C<8O"*$& 81.=<70 76<F1K,+A-A<F87 8:7AO8/<=,F0=,F81 .+A1= 1A..=LA8:,<=7A61F818<K=1F0F1K0.A-,=/<800,+A/861,<U >8,+F1,+A O=b8<F1760,<F=9<AKF810=170A<LF/A0A/,8<0F16<>=1=<A=0 /8O-=1FA0 <=,+A<,+=1><=1/+A0=17F1760,<FA0 >A/=OA,+A O=F1:8/608:F1760,<F=9 <A9=,F810! X899A/,FLA>=<K=F1F1K=,A1,A<-<F0A9ALA9>A/=OA,+A78OF1=1, :8<O8:.=KA:FaF1K O=VF1K<88O:8<,+A7ALA98-OA1,8:=,<=7A61F81 /69,6<A>=0A781 $ A1,A<-<F0A61F81F0O % kW8.ALA< 0F1/A,+AA/818OF/ /<F0F0F1"**& =9=<KA16O>A<8:,<=7A61F810F1 H8<A=+=LA7A/F7A7,8 A0/+A. 1=<<8. $ A1,A<-<F0A 61F81F0O % =17=<A/=99F1K:8<=/+=1KA,8 F1760,<U9ALA9/899A/,FLA>=<K=F1F1K! W=17F1+=17.F,+Aa-=17F1K,+A 0/8-A 8:/899A/,FLA>=<K=F1F1K 61F810=<A0AAVF1K,<=10:8<O=,F81:<8O /8O-=1U61F810,861F8108<K=1F0A7=,,+AF1760,<U9ALA9!;+F0A::8<,+=0 18,<A/AFLA7=1UVF178:>9A00F1K:<8O,+AK8LA<1OA1, .+F/++=0<A:60A7 ,8=/V18.9A7KA,+A-80F,FLAL=96A8:7U1=OF/F1760,<F=9<A9=,F810>=0A781 =/,FLA,<=7A61F81F0O! ;+A1AA7:8<=,<=10:8<O=,F81,8 $ F1760,<F=961F81F0O % F076A,8,+A 9FOF,=,F810 8: $ A1,A<-<F0A 61F81F0O % k S1F810:8617 ,+=, $ A1,A<-<F0A 61F81F0O % +=7=,A17A1/U,8-6<06A86,/8OA0.+F/+>A1A:F,A7819U,+A AO-98UAA08:,+A /8O-=1U=,.+F/+ /899A/,FLA>=<K=F1F1K ,88V -9=/A! X8O-=1U>=<K=F1F1K<A069,A7 F1 L=0, 7F::A<A1/A0 7A-A17F1K 81 ,+A 0,<A1K,+8:,+AF17FLF76=961F81=17,+A0,=,A8:,+A/8O-=1U!Z1=77F,F81 =9=<KA16O>A<8:.8<VA<0<AO=F1A761/8LA<A7 A0-A/F=99UF:,+AU.8<VA7 F1 18161F81FBA7 /8O-=1FA0! J,,+A 0=OA ,FOA /899A/,FLA>=<K=F1F1K /8LA<=KA.=09FOF,A7,8.8<VA<0AO-98UA7 7F<A/,9U>U,+A/8O-=1U=0 <AK69=<AO-98UAA0! $ Z<<AK69=<AO-98UAA0 .+A,+A<AO-98UA7F17F<A/,9U ,+<86K+ O69,F,FA<A7F1+860A06>/81,<=/,F1K8<7F<A/,9U >6,81=-=<, ,FOA>=0F08<.F,+:FaA7,A<O /81,<=/,0.A<AAa/967A7:<8O>=<K=F1F1K =K<AAOA1,0!;+F00F,6=,F81.=0<A:9A/,A7F1 ,<=7A 61F81 OAO>A<0+F.+F/+.=0O80,9U/81:F1A7,8,+A $ <AK69=< % AO-98UAA08:=/8O-=1U!

N=>86<5A9=,F810=17X899A/,FLA\=<K=F1F1KF1E86,+H8<A= #" " ! A07676:D=->:50 918-.7:36 53410 + J3.10K0761<37:376C , I6<F1K,+A A/818OF/ /<F0F0 " .+A1 O=1U /8O-=1FA0:897A7 " A1,A<-<F0A 61F810>AK=1,8<A=9F0A,+=,,+AF<:6,6<A.=0+80,=KA,8,+A06//A008: F17FLF76=9/8O-=1FA0 " -=<,F/69=<9U.F,+86,=1A::A/,FLA0,=,A08/F=90A/6<F,U 0U0,AO!;+A98008:81Al0b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mLF0,+A8,+A< P8<VA<-=<,F/F-=,F81 R8 7F0,F1/,F81 F1 -<8/A76<A >A,.AA1 /81:9F/,6=9>=<K=F1F1K=17 F1.8<V-<8/A00 /88-A<=,FLA # /81069,=,FLAb8F1,A::8<,0 Z1760,<F=9 =/,F81 " 0,<FVA0 DF,+A<+FK+:<Ah6A1/U8:0O=990FBA70,<FVA08<180,<FVA0 $ 0,<FVA0/=1-<8981K>=7:AA9F1K % _FA.08:=/,8<0 ;<=7A61F810 Y<A:A<<A7>U.8<VA<0.+8=<A F1=1=7L=1,=KA860 -80F,F81 $ 9=<KA /8O-=1FA0 " -6>9F/ A0,=>9F0+OA1,0 %, <A069,0 F1=:<=KOA1,A7 61F81 O8LAOA1, , 9F,,9A -800F>F9F,U:8<7ALA98-F1K =/8OO81=KA17=:8<,+A ><8=7A< -8-69=,F81 8:.8<VA<0 " A0-A/F=99U.F,+<AK=<7 ,8 /8OO81 /81/A<10 " 08/FA,U.F7AF10,F,6,F810=17-89F,F/=9F1:96A1/A DO-98UA<0 Y<8LF7A0 ,+A /=-=/F,U ,8<A=/,:9AaF>9U=17 0.F:,9U ,8 /8O-=1U 0-A/F:F//+=1KA0 Y<8LF7A0=18--8<,61F,U,8/69,FL=,A=/8O-=1U:<FA179U61F81 ! =061F81 8<K=1F0=,F81F0.F,+F1,+A/8O-=1U " ,+AAO-98UA</=1F1,A<LA1AF1,+A .8<VF1K08:,+A61F81 " F1/967F1K,+AA9A/,F818:F,09A=7A<0 " O=F1,=F1F1K /980A-A<081=9<A9=,F810.F,+,+AO ;+<A=,A10/8O-A,F,FLA.=KAF1/<A=0A0F1,FOA08:A/818OF/K<8.,+

## X8O-=<=,FLAZ1760,<F=95A9=,F810 ! X+F1= " E86,+H8<A==17GA<O=1U # D6<8-A E8OA=0-A/,08:,+A/<F0F08: 6 A1,A<-<F0A61F81F0O 7 /=1>A:8617F10,=,F0,F/=9 7=,=! S1F817A10F,U " .+F/+-A=VA7=,b60,>A98.'%-A</A1,F19=,A"*$% " 0,=<,A7,87A/9F1A,+A<A=:,A< " 7<8--F1K>A98."#-A</A1,F1"**)=170,=K1=,F1K 0F1/A'%%' " =,=<8617"%-A</A1,! X6<<A1,9U " 819U"!4 OF99F81.8<VA<0=<A 8<K=1F0A7F1,<=7A61F810!]:,+A0A"!4 OF99F81,<=7A61F81 OAO>A<0 " ,+A O=b8<F,U 4'!#-A</A1,=<AAO-98UA7F19=<KA/8O-=1FA0 $ O8<A,+=1" " %%% AO-98UAA0 % k;+60 " O80,61F81OAO>A<0>A981K,8>A,,A<A178.A7/8O-=1FA0 " .+F/+/=1=::8<7,8-=U+FK+A<.=KA0! ;+A/<F0F08:<A-<A0A1,=,F81>A/8OA0ALA1O8<AALF7A1,.+A161F817A10F,U =O81K.8<VA<0F1L=<F860/=,AK8<FA08: 6 181<AK69=< 7 AO-98UOA1,F0Aa=OF1A7! S1F81F0=,F818:,+A0A.8<VA<0.=0'!)-A</A1, $ "*% " %%%.8<VA<0 % F1'%%3 " 3!'-A</A1, $ '&% " %%% % F1'%%#=17'!$-A</A1, $ ')% " %%% % F1'%%4! P+A1 61F817A10F,UF061-=/VA7 " ,+A7A10F,U=O81K.8<VA<0F1 6 <AK69=<AO-98UOA1, 7 <F0A0 ,8'"!& -A< /A1,!;+A 98. OAO>A<0+F- 8: 181<AK69=<.8<VA<0 7AO810,<=,A0,+A<A-<A0A1,=,F81=9-<8:F9A8:,<=7A61F810!Z1'%%3 " 819U""!# -A</A1,8:61F81 OAO>A<0.A<A.8<VA<0F1 6 F<<AK69=<AO-98UOA1, 7 k;+A 0F,6=,F81+=018,/+=1KA7K<A=,9U 7A0-F,A,+AO6/+-6>9F/F0A7A::8<,08:,+A ,<=7A61F810 F106>0Ah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k E86</A0 ! @F1F0,<U8:N=>86< " Y<A005A9A=0A " *R8LAO>A<'%%4 , HNZ " HNZN=>86<E,=,F0,F/0 " '%%#!

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l 089F7=<F,U=17 61F,U A1,A<-<F0A61F810/81,<F>6,A,8,+A:<=KOA1,=,F818:,+A.8<VA<0 =17,+A9=>86< O=<VA,>U.F7A1F1K.=KA 7F::A<A1,F=90>A,.AA1 /8O-=1FA0 A0-A/F=99UF1,A<O08::F<O0FBA =,<=7A61F81 O8LAOA1,>=0A781A1,A<-<F0A61F81F0OF09FOF,A7F1 F,0=>F9F,U,8F1F,F=,A=179A=7><8=7A</=O-=FK10:8<08/F=90A/6<F,U =1708/F=9 -89F,F/=9=17A/818OF/<A:8<O=,,+A1=,F81=99ALA9 =17 A1,A<-<F0A61F81F0O O=VA0F,7F::F/69,:8<,+A,<=7A61F81O8LAOA1, =0=.+89A,8AaA<,F,0F1:96A1/A8108/FA,U=17-89F,F/0F1KA1A<=9=0 =-8.A<:69-89F,F/=9:8</A! ;+A,.F1/<F0F08:A1,A<-<F0A61F81F0OF1 H8<A= F,0F1=>F9F,U,8-<8LF7A 08/F=90A/6<F,U86,0F7A,+A.=9908:0-A/F:F//8O-=1FA0=17,+A/<F0F08: ,<=7A61F81<A-<A0A1,=,F81=17.8<VA<0l089F7=<F,U +=0-<8-A99A7,<=7A 61F810,8 7ALA98-= 1A. 0,<=,AKU=17 ,8 O8LA:8<.=<7 ,8.=<70,+A

#% X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A 7ALA98-OA1,8: $ F1760,<F=961F81F0O % k;.8 -<8/A00A0=<A 617A<.=U! P+F9A,+A A::8<,0 8: 61F810 ,8<A8<K=1F0A ,+AO0A9LA0+=LA K=,+A<A7 /810F7A<=>9A O8OA1,6O ,+A/+=1KA0F1,+A9AKF09=,FLA:<=OA.8<V:8< /899A/,FLA>=<K=F1F1K>AU817,+A/8O-=1U9ALA9=<A0,F99F1,+AF<A=<9U 0,=KA0! Z1<A8<K=1F0F1K ,+AO0A9LA0 ,<=7A 61F810=<A:=/A7.F,+ ,.8 /+=99A1KA0!]1 ,+A 81A+=17 ,+AU+=LA ,8 ,<=10:8<O ,+AO0A9LA0 8<K=1F0=,F81=99U:<8O A1,A<-<F0A61F810F1,8F1760,<F=961F810 7F0089LF1K 0O=99A<8<K=1F0=,F81=961F,0=17 /8OF1K,8KA,+A<F19=<KA<0,<6/,6<A0 .+F9A81,+A8,+A<+=17 ,+AU+=LA,8>6F97=1A. -9=,:8<O :8<b8F1, >=<K=F1F1K.F,+AO-98UA<0=,,+AF1760,<U9ALA9! E6//A0081,+A0A,.8 :<81,0+=0>AA1 OFaA7! # ! ;0-36D:0C73F J3.10K0761<37:36 73.: 23456.07-8<37:36 IA0-F,A,+A -<F1/F-9A7 0,=1/A 81 ,+A 1AA7,8 O8LA,8.=<70F1760,<F=9 61F81F0O 61,F9"**& ,+A<A.=0 9F,,9A -<8K<A00! J 1A.:=/,8< ,+=, -<8-A99A7,+AO8LAOA1,,8.=<701=,F81=9F1760,<F=961F810=<80A:<8O,+A 7<=0,F//+=1KA0F1,+A9=>86< O=<VA,0F,6=,F81F1,+A=:,A<O=,+ 8:,+A J0F=1A/818OF//<F0F0.+F/++F,E86,+ H8<A=F19=,A"**&!;+A61A17F1K 0A<FA08: O=00<A,<A1/+OA1,0 .8<V:8</A 78.10FBF1K=17 86,086</F1K 617A<,=VA1F1,+A1=OA8:9=>86< O=<VA,:9AaF>F9F,U =17,+A7A:A10FLA -80F,F81,+A61F810.A<A:8</A7F1,8F1,+AF<.=KA=17/899A/,FLA=K<AAOA1, 1AK8,F=,F810 9A7,89800A0F1,A<O08:,+AAO-98UOA1, b8> 0A/6<F,U .=KA0=17FO-<8LAOA1,0F1.8<VF1K/817F,F810,+AU+=7.81=,/8O-=1U 9ALA9=0A1,A<-<F0A 61F8108LA<,+A UA=<0! ;<=7A 61F81 OAO>A<0.A<A 7<FLA186,8:b8>0F1 7<8LA0=17 /81LA<,A7F1,8 $ F<<AK69=< % .8<VA<0 .F,+86,>AF1K=>9A,8-6,6-=1UVF178:<A0F0,=1/A!;+A61F810:8617 ,+AO0A9LA0,8,=99U-8.A<9A00!]LA<=99,<=7A61F817A10F,U:A99>=/V,8,+A 9ALA9>A:8<A,+A"*$&6-06<KAF1,+A,<=7A61F81O8LAOA1,!;+AA/818OF/ /<F0F0+=7,+A-8,A1,F=9,80+=VA,+A,<=7A61F81 O8LAOA1,,8F,0/8<A =0

N=>86<5A9=,F810=17X899A/,FLA\=<K=F1F1KF1E86,+H8<A= #& F,0<A-<A0A1,=,FLA1A00/=OA617A<0A<F860/+=99A1KA! PF7A0-<A=7=170677A1Aa-806<A8:,+A9FOF,=,F8108:A1,A<-<F0A>=0A7 ,<=7A61F81F0O A1K<=LA7F1,+A OF1708:61F819A=7A<0=17 OAO>A<0=9FVA ,+A9AKF,FO=/U 8:,+A1AA7,8,<=10:8<O ,+A,<=7A 61F810F1,8 1=,F81=9 F1760,<F=961F810!;+A8<K=1F0=,F81=9,<=10:8<O=,F81F1,89=<KA<61F810 >AK=1F1 A=<1A0,F1"**& <A069,F1KF1 06//A00:69<A0,<6/,6<F1KF1 ,+A +A=9,+=17OA7F/=90A/,8<!;+F09A7,8,+A:8<O=,F818:,+A:F<0,1=,F81.F7A F1760,<F=961F81 ,+A (,"#'6]#'&/7'6: Q#:01'&2,"C#"$960,6 F1"**$! ;+A8<K=1F0=,F81=9,<=10:8<O=,F81:<8O A1,A<-<F0A61F810,8 O69,F A1,A<-<F0A61F810=17,8 1=,F81=961F810+=0>AA1:=F<9U06//A00:69! Z1 "**4 819U*% %%%.8<VA<0 #!#-A</A1,8:,8,=961F81 OAO>A<0 .A<A OAO>A<08:O69,FA1,A<-<F0A,<=7A61F810!;A1UA=<09=,A< F1'%%4 08OA *%% %%%.8<VA<0+=7>A/8OA OAO>A<0 8: b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aA7/81/<A,A7A9FLA<U LA+F/9A0 # -9=1, O=F1,A1=1/A # ,8.A</<=1A 8-A<=,8<0 # /=<-A1,A<0 =170881 ' ><=1/+A08:,+A,<=10-8<,0A/,8< & /=<K8,<6/V7<FLA<0 # ,=aF0 # >60A0 =170881 ' O61F/F-=90A<LF/A0 ,A=/+A<0 # /FLF90A<L=1,0 -6>9F/0A/,8< & K8LA<1OA1,=KA1/FA0=17,<=10-8<,=,F81 / <=F9.=U0 06>.=U0 # >60A0 # ,=aF0 0'

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l 8<K=1F0=,F81 .+F/+0+8697>AA0,=>9F0+A7>U,+A1! ;+A (,"#'6406'610'&*6:-$/"F960,6 ,+AO=F1F1760,<F=961F81F1 ,+A>=1VF1K 0A/,8<+=0=981K+F0,8<U 0,=<,F1K:<8O ,+A D'/0,6'& U$$,10'/0,6,?@'6C 2,"C#"$ 960,6$ F1"*4%! Z,+=0=908+=708OA Aa-A<FA1/A 8: 8-A<=,F1K=0=1 F1760,<F=9 61F81 -<F8< ,8"*$%! C6<,+A<O8<A F,=908O=1=KA7,80A,6-=>F17F1K $ 0A/,8<=99ALA9 % /A1,<=9 9=>86<O=1=KAOA1,/861/F9F1 ,+A>=1VF1KF1760,<U! Z1 ,+A"*$%0 :8998.F1K,+A:8</A7,<=10F,F81,8A1,A<-<F0A61F81F0O>U=/+=1KAF1,+A 9=.F1"*$% ,+A61F81,<FA7,80,F/V,8,+A-<ALF860=<<=1KAOA1,0=17 ,+A<A.A<A 16OA<860/=0A0 8:b8F1,/899A/,FLA>=<K=F1F1K .+A<A,+A 4#:#"'/0,6,?@'6C 2,"C#"$ 960,6$ =17=1=::F9F=,A7A1,A<-<F0A9ALA9 61F81b8F1A76-,8>=<K=F1.F,+=0F1K9A>=1VAO-98UA<!

N=>86<5A9=,F810=17X899A/,FLA\=<K=F1F1KF1E86,+H8<A= #( ;+AAO-98UA<0F1,+A>=1VF1K0A/,8<.A<A=90818,08LA+AOA1,9U 8--80A7,8,+AF7A=8:/A1,<=9F0A7/899A/,FLA>=<K=F1F1K =0.=KA9ALA90=17 .8<VF1K/817F,F810=<A0FOF9=<=/<800,+A>=1VF1KF1760,<U =17,+A<A.=0 7A:=/,8 $ -=,,A<1>=<K=F1F1K .+A<A,+A<A069,08:=1=K<AAOA1,F181A8: ,+AO=b8<>=1V0=9.=U0=::A/,A71AK8,F=,F810F18,+A<>=1V0! X899A/,FLA>=<K=F1F1K=, ,+A F1760,<U 9ALA9:8/60A7 O=F19U 81 KA1A<=9F006A0:=/F1K=99,+A>=1V0=17>=1VF1K .8<VA<0 06/+=0,+A F1,<876/,F818:=:FLA 7=U.8<VF1K.AAV=17<A76/,F810F1>60F1A00 +86<0 .F,+86, K8F1K F1,8 O8<A 7A,=F9=>86, 0-A/F:F/.8<VF1K /817F,F810! Z1760,<U9ALA9/899A/,FLA>=<K=F1F1KA0,=>9F0+A7=,<=7F,F81 8:0A,,F1K><8=7 -=<=OA,A<0:8< .=KAF1/<A=0A0 .+F/+ KFLA098/=9F0A7 /899A/,FLA>=<K=F1F1K F1 F17FLF76=9>=1V0<88O ,8 7ALA98- 0-A/F:F/ 0F1K9AA1,A<-<F0A=<<=1KAOA1,0! $ ! "?1.-8 L1G.:0 Z1760,<U9ALA9/899A/,FLA>=<K=F1F1KF1,+AOA,=90A/,8< 9A7>U,+AHX;S =::F9F=,A7 (,"#'6Q#/'&2,"C#"$960,6 H@PS +=07ALA98-A7F1,.8 0,=KA0!;+A (,"#'6 Q#/'& 2,"C#"$ 960,6 .=0:8<OA7F1'%%" .+A1 08OA)% %%%.8<VA<0F1=>86,'%% A1,A<-<F0A 61F810=::F9F=,A7,8,+A (,"#'6Q#/'&2,"C#"$4#:#"'/0,6 H@PC 7A/F7A7,8b8F1,8KA,+A<F1,8 =0F1K9AF1760,<F=961F81!;+A=/,6=9,<=10:8<O=,F81<Ah6F<A7A=/+8:,+A A1,A<-<F0A61F810,8K8,+<86K+=-<8/A008: $ 7F00896,F81 % =17=78-,= <A0896,F81,8>A-=<,8:=1F1760,<F=961F81! J//8<7F1K,8,+A0,=,6,A0 ,+F0<Ah6F<A7=,.8,+F<70O=b8<F,U8:=99OAO>A<08:A=/+61F81!Z1'%%" 61F810F19=<KA/8O-=1FA0.A<A O80,9U 61=>9A,8b8F1!;+A ]F-6:'0 Q,/," 2,"C#"$ 960,6 :8<Aa=O-9A .+F/+=981A+=7= OAO>A<0+F-8: O8<A,+=1)% %%% :=F9A781,.88//=0F810,80A/6<A,+A<Ah6F<A7O=b8<F,U 8:F,0OAO>A<0! J0=<A069, 61,F9'%%4 ,+AOA,=90A/,8<F1760,<F=961F81 <A-<A0A1,A7819U)% %%% OAO>A<0 O80,9U:<8O 0O=99=17 OA7F6O0FBA7 :F<O0.+F9A=:6<,+A<"%% %%%.8<VA<0 O80,9U:<8O 9=<KA<:F<O0 <AO=F1A7 OAO>A<08:A1,A<-<F0A61F810!

$) X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A P+F9A,<=7A61F81 8<K=1F0=,F81=9,<=10:8<O=,F81.=081A:=/,8<F1 -60+F1K:8</899A/,FLA>=<K=F1F1K=,F1760,<U9ALA9 ,+AAO-98UA<0<A0F0,A7 ,+AF7A=8:,<=10:A<<F1K>=<K=F1F1K=6,+8<F,U,8=1UAO-98UA<0l=008/F=,F81 =,F1760,<F=99ALA9!Z18<7A<,88LA</8OAAO-98UA<<A0F0,=1/A ,+A61F810 =78-,A77F::A<A1,OA,+870,8><F1KAO-98UA<0,8KA,+A<=,81A1AK8,F=,F81 ,=>9A!;+F0 ,88V ,+A:8<O 8: $ b8F1, /899A/,FLA>=<K=F1F1K  $ K<86/899A/,FLA>=<K=F1F1K % 8< $ 7F=K81=9/899A/,FLA>=<K=F1F1K 0AA>8a:8<= ><FA:7A0/<F-,F818:A=/+8:,+A0A:8<O08:/899A/,FLA>=<K=F1F1K k;+A0A 7F::A<A1, OA,+870=908<A:9A/,A7,+A-<A-=<A71A008:61F81 OAO>A<0=, 7F::A<A1,A1,A<-<F0A0,8=//A-,,+A /81/A-,=17 7F0/F-9F1A 8:/899A/,FLA >=<K=F1F1K=,=+FK+A<8<K=1F0=,F81=99ALA9! X899A/,FLA>=<K=F1F1K617A<,=VA1>U,+A H@PS 7ALA98-A7,+<86K+ 7F::A<A1,-+=0A0!ZOOA7F=,A9U=:,A<F,0A0,=>9F0+OA1,F1'%%" F,,88V,+A :8<O8: $ b8F1,/899A/,FLA>=<K=F1F1K % =17 $ 7F=K81=9/899A/,FLA>=<K=F1F1K % k Z1'%%' F,-<8K<A00A7,8 $ K<86-/899A/,FLA>=<K=F1F1K % >U<AKF81=998/=90 .+80AO=F18>bA/,FLA.=0,80A/6<A:<8OAO-98UA<0= $ >=0F/=K<AAOA1, % .+F/+ /8OOF,,A7 ,+AO ,8 O8<A /A1,<=9F0A7 /899A/,FLA>=<K=F1F1K ,+A :8998.F1K UA=<! Z1'%%3 AO-98UA<0 8:*& A1,A<-<F0A0=6,+8<F0A7=17 O=17=,A7 /899A/,FLA>=<K=F1F1K ,8= 0A9A/, K<868: AO-98UA< <A-<A0A1,=,FLA0!;+F09A7,8,+A:F<0,ALA< $ 0AOF/A1,<=9F0A7 % /899A/,FLA =K<AAOA1,/81/967A7>U,+A (,"#'6 Q#/'& 2,"C#"$ 960,6 =17= 0,F99 0O=99 AO-98UA<0l1AK8,F=,F1KK<86-!;+A/899A/,FLA>=<K=F1F1K=K<AAOA1, /81,=F1A7-<8LF0F81081=)%+86< :FLA7=U.8<VF1K.AAV -<8,A/,F818: .8<VA<0F1F<<AK69=<AO-98UOA1, OA=06<A081O60/69=<0VA9A,=97F08<7A<0 =17,<=7A61F81<FK+,0F1,+A.8<V-9=/A! Z,.=0,+A0,<=,AKU-6<06A7>U ,+A (,"#'6Q#/'&2,"C#"$960,6 .+F/+:F1=99U9A7,8,+A:8<O=,F818:=1 F1760,<U.F7AAO-98UA<0l8<K=1F0=,F81F1A=<9U'%%4! IA0-F,A,+A/81,F16A7 -<8K<A00 F1 F1760,<U9ALA9>=<K=F1F1K +8.ALA< 06>0,=1,F=9 F006A0 F1/967F1K=K<AAOA1,81.=KA0 .A<A0,F990A,,9A7 O=F19U=,,+AA1,A<-<F0A 9ALA9!

N=>86<5A9=,F810=17X899A/,FLA\=<K=F1F1KF1E86,+H8<A= $* O&(*8N2&","0"?6"8'2*-*)*0"$#*,'"8(,-./'&60*)*0 N"00*N'()*:%&?%(,(,?(,'2*#*'%0/*N'"& '%%" '%%' '%%3 '%%4 '%%4 C8<O=,F818:,+AH8<A=1@A,=9P8<VA<0S1F81 $ OAO>A<0+F! 3% " &*# % 6 G<86-/899A/,FLA>=<K=F1F1K 7, /81/960F818: 6 >=0F/=K<AAOA1, 7 =,"%$A1,A<-<F0A0 XA1,<=9F0A7F1760,<U9ALA9/899A/,FLA>=<K=F1F1K , 61F:FA7=K<AAOA1, " F1/967F1K:FLA7=U .8<VF1K.AAV C8<O=,F818:OA,=90A/,8<AO-98UA<0l/899A/,FLA>=<K=F1F1K8<K=1F0=,F81 E6//A00:69L8,A:8<,<=10:8<O=,F81,8F1760,<F=961F81=,9=<KA<A1,A<-<F0A0 ;+A0A/8170,=KA8:7ALA98-F1K/899A/,FLA>=<K=F1F1K=,F1760,<U9ALA9F1 ,+AOA,=90A/,8<>AK=1.F,+,+A06//A00:697F00896,F818:A1,A<-<F0A61F810 =,9=<KA/8O-=1FA0 " 06/+=0,+A ]F-6:'0Q,/,"2,"C#"$960,6 813%e61A '%%4!;<=7A61F81 OAO>A<0F108OA")A1,A<-<F0A61F810 " .F,+=,8,=9 OAO>A<0+F- 8: 8LA<*% " %%% " .A1,,8 ,+A>=998,>8a " F1/967F1K ,+A ]F-6:'0Q,/,"2,"C#"$960,6 " =177A/F7A7,8>A/8OA-=<,8:,+A (,"#'6 Q#/'& 2,"C#"$ 960,6 ! H@PS AOA<KA7=0=1 F1760,<F=9 61F81 <A-<A0A1,F1K08OA"#% " %%%.8<VA<0! I6<F1K,+A:F<0,UA=< " ,+AA17A=L86<08:,+AA19=<KA7F1760,<F=961F81 ,8A1K=KAF1/899A/,FLA>=<K=F1F1KF1,+AOA,=90A/,8<F1'%%&.A<A-9=K6A7 >U=9=/V8:-<A-=<A71A00=17 " F1-=<,F/69=< " >U,+A<AO=F1F1KA1,A<-<F0A 61F810,<6/,6<A0=,,+A 1A.9U /81LA<,A7 61F810! X8O-9F/=,F810=<80A " =908 " 76A,8,+A<A0F0,=1/A8:AO-98UA<0:<8O9=<KA</8O-=1FA0,8b8F1,+A AO-98UA<0l8<K=1F0=,F81,+=,+=7>AA1 A0,=>9F0+A7 A=<9FA<!;+A<A.A<A 0FK10,+=,08OA K<86-0 >8,+ AO-98UA<0=17 61F810.8697<A:60A,8 06>bA/,,+AO0A9LA0,8 ,+A 7F0/F-9F1A A0,=>9F0+A7 -<ALF8609U >U 0O=99A< 8<K=1F0=,F810! J0=<A069, " F1760,<U9ALA9/A1,<=9F0A7/899A/,FLA>=<K=F1F1K .=09FOF,A7=K=F1,8,+80A.8<V-9=/A0=,.+F/+F1760,<U9ALA9/899A/,FLA >=<K=F1F1K+=7,=VA1<88,0F1/A'%%" " .+F9A9=<KA</8O-=1FA00,F990A,,9A7 :8<A1,A<-<F0A>=<K=F1F1K! J0 UA, " ,+A0A/817 0,=KA 8:F1760,<U .F7A /899A/,FLA>=<K=F1F1KF1,+AOA,=90A/,8<+=018,O=7A0FK1F:F/=1,-<8K<A00! Z,F00,F99 O=<<A7>U 61Aa-A/,A7 7ALA98-OA1,0 81>8,+ 0F7A0 ! >U ,+A <A0F0,=1/A8:AO-98UA<0:<8O9=<KA/8O-=1FA0 " =0.A99=0,+A61F810l8.1

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l 8<K=1F0=,F81!\8,+0F7A0+=LA >ULF<,6A8:,+A<69A0=17/810,F,6,F810 8:,+AF< 8<K=1F0=,F810 ,+A=6,+8<F,U=17 O=17=,A,8 /8176/,=17 /81/967A/899A/,FLA>=<K=F1F1K=::A/,F1K=99,+AF<OAO>A<0! C<8O=,<=7A61F81-8F1,8:LFA. F1760,<U9ALA9>=<K=F1F1K/=1>A /8176/,A7AF,+A<>U=1F1760,<U .F7A,<=7A61F818<=1F1760,<U.F7A :A7A<=,F818:,<=7A61F810 F:F,0OAO>A<0 ,+AA1,A<-<F0A61F810 +=LA 7A9AK=,A7>=<K=F1F1K=6,+8<F,U,8,+A:A7A<=,F81! J1F1760,<U 9ALA9/899A/,FLA>=<K=F1F1K=K<AAOA1, O=U 0A,,+A 0,=17=<7.8<VF1K/817F,F810F1,+A-=<,F/69=<F1760,<U .+F9A9A=LF1K :6<,+A</81/960F810,8/899A/,FLA>=<K=F1F1K=,A1,A<-<F0A9ALA9! J1F1760,<U .F7A61F81=1F1760,<F=961F81 606=99U=998/=,A0 ,+A=6,+8<F,U=17 O=17=,A,8/8176/,/899A/,FLA 1AK8,F=,F810,8,+A -<A0F7A1,8:,+A8<K=1F0=,F81! S1F:FA7/899A/,FLA>=<K=F1F1K/A1,<=9F0A0,+A/899A/,FLA>=<K=F1F1K -<8/A00 =0.A99=0,+A<FK+,=17<A086</A0,8,=VAF1760,<F=9=/,F81! S1F:FA7/899A/,FLA>=<K=F1F1K<Ah6F<A0,+A>A0,8.=98:=6,+8<F,U:8< >=<K=F1F1K=,+FK+A<9ALA9081,+AAO-98UA<0l0F7A =0.A99! Z1,+A /=0A 8:,+AF1760,<U.F7A /899A/,FLA>=<K=F1F1K /8176/,A7>U ,+A H@PSF1'%%3 ,+A<A.=018AO-98UA<8<K=1F0=,F81UA,! 5=,+A< ,+A AO-98UA<08:F17FLF76=9A0,=>9F0+OA1,0,<=10:A<<A7 ,+AF<>=<K=F1F1K =6,+8<F,U=17 O=17=,A,8=,AO-8<=<U>87U .+F/+>A/=OAV18.1=0 ,+A $ H@PS=008/F=,A7AO-98UA<0 % k @,P1,6/R:

N=>86<5A9=,F810=17X899A/,FLA\=<K=F1F1KF1E86,+H8<A= $" /! I0'3,6'&1,&&#1/0E#+'"3'06063 ;+F0<A:9A/,0=18<K=1F0=,F81=9 =0UOOA,<U>A,.AA1,<=7A61F810=17AO-98UA<0! IF=K81=9/899A/,FLA >=<K=F1F1KF0=78-,A7>U=1=,F81=9,<=7A61F818<K=1F0=,F81 AF,+A<= :A7A<=,F818:F17FLF76=9A1,A<-<F0A61F8108<=1F1760,<F=961F81 .+A1 ,+A<AF018<A-<A0A1,=,FLAAO-98UA<0l8<K=1F0=,F81.+F/+:61/,F810=0= /861,A<-=<, F1 /899A/,FLA>=<K=F1F1K.F,+ ,+A 1=,F81=9 61F81 8<K=1F0=,F81!\=<K=F1F1KF0/8176/,A7>U=1=,F81=9,<=7A61F810,<6/,6<A .F,+,+AAO-98UA<8:=0F1K9AA0,=>9F0+OA1,=,A1,A<-<F0A9ALA9! IF=K81=9/899A/,FLA>=<K=F1F1K O=U>A=78-,A7=0=KA1A<=9/899A/,FLA >=<K=F1F1K0,<=,AKU>U=1=,F81=9 F1760,<F=9 8<K=1F0=,F818<=0=.=U8: 7A=9F1K.F,+/899A/,FLA>=<K=F1F1K-<8>9AO0=,=0F1K9AA1,A<-<F0A! Z1 ,+A:8<OA< /=0A ,+A /899A/,FLA>=<K=F1F1K<A-<A0A1,=,FLA0 0A9A/,A7>U=1=,F81=98<K=1F0=,F818:,<=7A61F810A1K=KAF1=0A<FA08: /899A/,FLA>=<K=F1F1K<86170.F,+F17FLF76=9AO-98UA<08:16OA<860 A0,=>9F0+OA1,0617A<F,0 $ b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aA</F0A08OAF1:96A1/A81,+A/899A/,FLA >=<K=F1F1K-<8/A008:=0,<81KA1,A<-<F0A,<=7A61F81! Z, O=U<Ah6F<A ,+AA1,A<-<F0A9ALA961F81,8,<=10:A<08OA=6,+8<F,U,8,+A:A7A<=,F81 :8</899A/,FLA>=<K=F1F1K-6<-80A0!;+F0:8<O 8:/899A/,FLA>=<K=F1F1K 7F::A<0:<8O7F=K81=9/899A/,FLA>=<K=F1F1KF1,+A:=/,,+=, F1,+A9=,,A< ,+A 1=,F81=98<K=1F0=,F81F0,+A/A1,<=9=/,8<F1,+A>=<K=F1F1K-<8/A00! A! M",-; 1,&&#1/0E#+'"3'06063 ;+F0F0=:8<O 8: /899A/,FLA >=<K=F1F1KF1.+F/+=,<=7A61F818<K=1F0=,F81A1K=KA0F1/899A/,FLA @,P1,6/R:

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lF1,A<A0,0! C<8O=.8<VA<0l -A<0-A/,FLA /899A/,FLA>=<K=F1F1K F0= /<6/F=9 F10,<6OA1,:8< 8LA</8OF1K,+A0,<6/,6<=9FO>=9=1/A 8:-8.A<>A,.AA1 AO-98UA<0=17F17FLF76=9AO-98UAA0! Z,F0F1,A17A7,8+A9-.8<VA<0,8 =/+FALAAh6F,=>9A.=KA0=17.8<VF1K /817F,F810!@8<A8LA< /899A/,FLA >=<K=F1F1K/=1>AF1,A<-<A,A7=0=:8<O 8:F1760,<F=97AO8/<=/U.+F/+ A1=>9A0.8<VA<0,8-=<,F/F-=,AF1,+A<AK69=,F818:.8<V=17,8+=LA=0=U F1,+A7F0,<F>6,F818:F1/8OA! J9,+86K+ +F0,8<F/=99U AO-98UA<0+=LA 8--80A7 /899A/,FLA >=<K=F1F1K F1,+A/86<0A8:,FOAO=1U+=LA/8OA,8<A/8K1F0A,+=,F,+=0

X899A/,FLA\=<K=F1F1KF1D6<8-A J1]LA<LFA. %* 08OA=7L=1,=KA0 ALA1:8< ,+AO! EF1/A 8LA< ,+A UA=<0 F1 O80, F1760,<F=9F0A7 /861,<FA0 /899A/,FLA>=<K=F1F1K+=0>A/8OA+FK+9U F10,F,6,F81=9F0A7=17,=VA0-9=/AF1=.A997A:F1A79AK=9:<=OA.8<V :<8O =1AO-98UA<l0-8F1,8:LFA.F,<A-<A0A1,0=<A9=,FLA9U $ /=9/69=>9A % .=U8: 7A=9F1K.F,+-800F>9A/81:9F/,0!@8<A8LA< F:/899A/,FLA>=<K=F1F1K,=VA0 -9=/A 8<F0=,9A=0,/88<7F1=,A7=,0A/,8<=99ALA9 F,/<A=,A0=/A<,=F1 /8O-A,F,FLA8<7A<F1.+F/+=99AO-98UAA0>A/8OA06>bA/,,8Ah6=9.8<VF1K /817F,F810 08,+=,9=>86</80,0=<A,=VA186,8:/8O-A,F,F81!;+F0+=0,+A =7L=1,=KA,+=, F18<7A<,8F1/<A=0A/8O-A,F,FLA1A00 /8O-=1FA018.+=LA ,8<=F0A-<876/,FLF,U -<8LF7A>A,,A<h6=9F,U=17/<A=,A O8<AF118L=,FLA -<876/,0 <=,+A<,+=10FO-9U/6,,F1K9=>86</80,0! X899A/,FLA>=<K=F1F1K /=1 ,+A<A:8<A >A0AA1=0=1FO-8<,=1,F10,F,6,F81 A1=>9F1K=O8<A $ +FK+ <8=7 % A/818OF/7ALA98-OA1,O87A9! ;87=U F1 O80,/861,<FA0 /899A/,FLA>=<K=F1F1K,=VA0-9=/A>A,.AA1 =6,818O860,<=7A61F810 81,+A81A+=17 =17F17FLF76=9AO-98UA<08< AO-98UA<0l=008/F=,F81081,+A8,+A<!\8,+-=<,FA0+=LA,8>AF17A-A17A1, :<8O 81A=18,+A<!;+A<A=<A O=1U F1,A<1=,F81=9 /81LA1,F810.+F/+ F7A1,F:U/899A/,FLA>=<K=F1F1K=0=:617=OA1,=908/F=9<FK+,! C8<Aa=O-9A F1"*)* ,+A Z1,A<1=,F81=9 N=>86<]<K=1F0=,F81 ZN] =78-,A7= /81LA1,F8181,+A $ <FK+,,8 8<K=1F0A=17 /899A/,FLA>=<K=F1F1K % ZN] X81LA1,F81 R8!*$ =//8<7F1K ,8.+F/+ $ OA=06<A0=--<8-<F=,A ,8 1=,F81=9/817F,F8100+=99>A,=VA1 .+A<A 1A/A00=<U ,8 A1/86<=KA=17 -<8O8,A,+A:6997ALA98-OA1,=176,F9F0=,F818: O=/+F1A<U:8<L8961,=<U 1AK8,F=,F81>A,.AA1AO-98UA<08<AO-98UA<0l8<K=1F0=,F810=17.8<VA<0l 8<K=1F0=,F810 .F,+=LFA. ,8,+A<AK69=,F81 8:,A<O0=17/817F,F8108: AO-98UOA1,>UOA=108:/899A/,FLA=K<AAOA1,0 J<,F/9A) kJ $ <FK+,,8 >=<K=F1/899A/,FLA9U % F0=908<A/8K1F0A7F1,+AD6<8-A=1E8/F=9X+=<,A<8: "*4" J<,F/9A4 ,+ADS X+=<,A<8:C617=OA1,=95FK+,08:'%%% J<,F/9A '$ =17,+A1=,F81=9/810,F,6,F8108:L=<F860D6<8-A=1/861,<FA0!

%! X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A " ! W-071.716:D J50:K1-3 A-K7.-876C W-071.716:D A:881G.7H1 R-0F-7373F 91F7C16 ;+A/81/<A,A:8<O0=17F10,F,6,F8108:/899A/,FLA>=<K=F1F1KF1 D6<8-AL=<U /810F7A<=>9U 7A-A17F1K81,+A1=,F81=9A/818OF/ 08/F=9=17-89F,F/=9/81,Aa, F1/967F1K,+A1=,F81=9F1760,<F=9<A9=,F8100U0,AO!;+A<A=<AL=<F860/899A/,FLA >=<K=F1F1K "#305#$ .+F/+0+8.0FK1F:F/=1,7F::A<A1/A0F1,A<O08:,+A0,<A1K,+ 8:,<=7A61F810=17AO-98UA<0l=008/F=,F810 ,+A9ALA908:/899A/,FLA>=<K=F1F1K =17/899A/,FLA>=<K=F1F1K/8LA<=KA!;+A1=,F81=9/899A/,FLA>=<K=F1F1K<AKFOA0 =<AAO>A77A7F1,+A.F7A<08/F=9=17A/818OF/0U0,AO0=17/=1>A0AA1=0=/8<A F10,F,6,F818:1=,F81=9O87A908:/=-F,=9F0O! Z1D6<8-A ,+A<A=<A=,9A=0,:FLA7F::A<A1, O87A908:/=-F,=9F0O .F,+ /8<<A0-817F1K/899A/,FLA>=<K=F1F1K<AKFOA0 ;=>9A" kCF<0, ,+A<AF0,+A D,":015,:#& /8LA<F1K,+AE/=17F1=LF=1/861,<FA0 0,=,A006/+=0IA1O=<V E.A7A18<CF19=17.+F/+/=1>A/+=<=/,A<F0A7=0=-89F,F/=99U/88<7F1=,A7O=<VA, A/818OU!;+A /899A/,FLA>=<K=F1F1K<AKFOA 8: ,+A R8<7F/ O87A9 F0 /+=<=/,A<F0A7>U=+FK+61F817A10F,U = OA7F6O AO-98UA<0l7A10F,U = -<FO=<F9U 0A/,8<=9>=<K=F1F1K O87A9=17+FK+ /899A/,FLA>=<K=F1F1K /8LA<=KA!;+A 0A/817 L=<F=1, 8: D6<8-A=1 /=-F,=9F0O F0 ,+A A#6/"'& 5,:#& /8LA<F1K/861,<FA006/+=0\A9KF6O GA<O=1U ,+A RA,+A<9=170 =17 J60,<F=!;+A XA1,<=9 O87A9=908<A-<A0A1,0=/88<7F1=,A7 O=<VA, A/818OU .F,+=/899A/,FLA>=<K=F1F1K0U0,AO /+=<=/,A<F0A7>U OA7F6O ,<=7A61F81 7A10F,U +FK+ AO-98UA<0l7A10F,U 0A/,8<=9>=<K=F1F1K=17 <A9=,FLA9U+FK+>=<K=F1F1K/8LA<=KA!;+F<79U ,+A<AF0,+A .,-/7#"65,:#& F1/967F1K/861,<FA006/+=0C<=1/A G<AA/A Z,=9U=17E-=F1 .+F/++=LA= <=,+A< 0,=,A8<FA1,A7 O=<VA, A/818OU!;+A /8<<A0-817F1K /899A/,FLA >=<K=F1F1K<AKFOAF0>=0A781=<A9=,FLA9U98.,<=7A61F817A10F,U =+FK+ AO-98UA<0l7A10F,U 0A/,8<=9>=<K=F1F1K=0,+A78OF1=1,>=<K=F1F1K9ALA9 =17+FK+/899A/,FLA>=<K=F1F1K/8LA<=KA!;+A9=,,A<F00,<81K9U06--8<,A7 >U,+A0,=,A .+F/+ 606=99UAa,A170/899A/,FLA=K<AAOA1,0,8AO-98UAA0 =17/8O-=1FA0.+F/+=<A18,7F<A/,9U<A-<A0A1,A7F1,+A>=<K=F1F1K!

X899A/,FLA\=<K=F1F1KF1D6<8-A J1]LA<LFA. %" 9%:0*E Q%&(*'(*/"87.&"$*%,N%$('%0(/#%,-N"00*N'()*:%&?%(,(,?&*?(#*/ R8<7F/ XA1,<=9 E86,+A<1 PA0,A<1 X861,<FA0 IA1O=<V CF19=17 E.A7A1 \A9KF6O C<=1/A G<AA/A GA<O=1U Z,=9U E-=F1 RA,+A<9=170 J60,<F= A,/! A,/! SH A,/! ;U-A8:O=<VA, /88<7F1=,A7 A/818OU /88<7F1=,A7 0,=,A8<FA1,A7 ;<=7A61F81 7A10F,U +FK+ OA7F6O 98. DO-98UA<0l 7A10F,U OA7F6O+FK++FK+ OA7F6O NALA98: >=<K=F1F1K 0A/,8<=9 0A/,8<=9 0A/,8<=9 \=<K=F1F1K /8LA<=KA +FK++FK++FK+ E86</A \=0A781D6<8-A=1X8OOF00F81 '%%* -!)*! 9F>A<=9 OA7F6O OA7F6O /8O-=1U 98. D=0,A<1 XBA/+5A-6>9F/ W61K=<U Y89=17 E98L=VF= A,/! 0,=,A8<FA1,A7 8<9F>A<=9 98. 98. /8O-=1U 98. J:86<,+ O87A9 8: D6<8-A=1 /=-F,=9F0O F0 ,+A 2#$/#"6 5,:#& ,+A -<8,8,U-A8:.+F/+F0,+A S1F,A7 HF1K78O!;+A PA0,A<1 O87A9/=1>A /=,AK8<F0A7=0=9F>A<=9O=<VA,A/818OU .F,+ OA7F6O ,<=7A61F81=17 AO-98UA<0l7A10F,FA0=17=/899A/,FLA>=<K=F1F1K<AKFOA/+=<=/,A<F0A7>U= 7A/A1,<=9F0A70U0,AO 8:/8O-=1U>=<K=F1F1K=17<=,+A<98.>=<K=F1F1K /8LA<=KA! CF1=99U ,+A:F:,+,U-AF0,+A 8'$/#"65,:#& /8LA<F1K O80,8: ,+A1A. DS OAO>A<0,=,A006/+=0Y89=17 XBA/+ 5A-6>9F/ E98L=VF= W61K=<UA,/!;+AD=0,A<1O87A9F0,+A86,/8OA8:,+A,<=10:8<O=,F818: ,+A:8<OA<08/F=9F0,A/818OFA00F1/A,+AA=<9U"**%0! J0=<A069, =1A. O87A98:/=-F,=9F0OAOA<KA7 .+F/+F0=OFa,6<A8:= -=<,9U 0,F990,=,A 8<FA1,A7=17=1F1/<A=0F1K9U9F>A<=9O=<VA,A/818OU!;+A/8<<A0-817F1K /899A/,FLA>=<K=F1F1K<AKFOA8:,+A D=0,A<1 O87A9F0/+=<=/,A<F0A7>U= <=,+A<98.7A10F,U8:,<=7A61F810=17AO-98UA<0l=008/F=,F810 =0.A99=0 <=,+A<:<=KOA1,A7=177A/A1,<=9F0A7>=<K=F1F1K0U0,AO0 .F,+LA<U98. >=<K=F1F1K/8LA<=KA! ;806OO=<F0A ,+A<AF0 18 0F1K9A D6<8-A=1 /899A/,FLA>=<K=F1F1K <AKFOA >6,=.F7A<=1KA8:<AKFOA0.+F/+/8<<A0-817,8,+AL=<FA,FA08:

%# X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A D6<8-A=1 /=-F,=9F0O! W8.ALA< =99 D6<8-A=1 /861,<FA0+=LA=//A-,A7 .8<VA<0l<FK+,0,8 8<K=1F0AF1=6,818O860,<=7A 61F810=17,8 /=9981 AO-98UA<0,8A1K=KAF1/899A/,FLA>=<K=F1F1K!;+A0=OA+8970,<6A:8< AO-98UA<0 .+8+=LA ,+A<FK+, ,8 8<K=1F0A F1 F17A-A17A1, AO-98UA<0l =008/F=,F810! X81/A<1F1K,+A7A10F,U=17-89F,F/=9OA=1F1K8:,+A0A/899A/,FLA F1,A<A0,8<K=1F0=,F810 ,+A<A=<AK<A=,7F::A<A1/A0:<8O/861,<U,8/861,<U! # ! ;0-41<37:36-34 JCK8:Q 106 l /66:G7-.7:36 ;+A7ALA98-OA1,8:,<=7A61F810=17AO-98UA<0l=008/F=,F810F0,+A<A069, 8:=981K+F0,8<F/=9-<8/A00<A:9A/,F1K0-A/F:F/1=,F81=9-89F,F/=97ALA98-OA1,0 =17-8.A<<A9=,F810>A,.AA19=>86<=17/=-F,=9!;87=U ,+A<A=<A O=b8< 7F::A<A1/A0F1,+A8<K=1F0=,F81=90,<A1K,+8:>8,+0F7A08:F1760,<U!]1,+A AO-98UAA0l0F7A ,<=7A61F817A10F,UL=<FA0>A,.AA1&4-A</A1,F1E.A7A1 =17*-A</A1,F1 C<=1/A 0AACFK6<A" k;+A+FK+A0,7A10F,UF0F1,+A E/=17F1=LF=1/861,<FA0 .+A<A=>86,,+<AAh6=<,A<08:=99AO-98UAA0=<A 0,F99OAO>A<08:=,<=7A61F81!;+A+FK+61F817A10F,UF006--8<,A7>U S(?.&*E 9&%-*.,(",-*,/('6 CFFG^CFFJ K E86</A D6<8-A=1X8OOF00F81 '%%*!

X899A/,FLA\=<K=F1F1KF1D6<8-A J1]LA<LFA. %$ 0-A/F:F/F10,F,6,F81=9=<<=1KAOA1,0 F1 -=<,F/69=< ,+A O=1=KAOA1, 8: 61AO-98UOA1,F106<=1/A>U,+A,<=7A61F810 =17F0=O=b8</+=<=/,A<F0,F/ 8:,+A R8<7F/ O87A9! J O=b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aAO>86<K N_^ N=,LF= @;^@=9,= RN^ RA,+A<9=170 YN^ Y89=17 Y;^ Y8<,6K=9 5]^58O=1F= ED^E.A7A1 EZ^E98LA1F= EH^E98L=VF= SH^ S1F,A7 HF1K78O! E86</A D6<8-A=1X8OOF00F81 '%%*! ]1,+A AO-98UA<0l0F7A ,+A 7A10F,FA0 8:AO-98UA<0l=008/F=,F810 L=<U >A,.AA1 1A=<9U"%% -A< /A1, F1 J60,<F= .+A<A ,+A<A F0 7A:=/,8 /8O-6908<U OAO>A<0+F=17'%-A</A1,F1 Y89=17=17 NF,+6=1F= 0AA CFK6<A' k PF,+,+AAa/A-,F81 8:,+A E/=17F1=LF=10,=,A0 ,+A<=,A8: 8<K=1F0=,F81:8<,+A AO-98UA<0F0=9.=U0+FK+A<,+=1 ,+A,<=7A 61F81 7A10F,U!;+A+FK+A0, -A</A1,=KA 8: 8<K=1F0A7 AO-98UA<0F0:8617 F1

%% X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A /861,<FA0>A981KF1K,8,+AXA1,<=9=17E86,+A<1 O87A90 .+F9A,+A98.A0, AO-98UA<0l=008/F=,F817A10F,UAaF0,0F1,+AD=0,D6<8-A=1/861,<FA0! $ ! =1F-8 B0-C1U:0@:D A:881G.7H1 R-0F-7373F X899A/,FLA>=<K=F1F1KF0<AK=<7A7=0=:617=OA1,=908/F=9<FK+,.+F/+F1 O80,D6<8-A=1/861,<FA0F0K6=<=1,AA7 Aa-9F/F,9U8<FO-9F/F,9U >U,+A /810,F,6,F81!Z1=77F,F81 ,+A<A=<AL=<F860-<8/A76<=9<69A0:8</899A/,FLA >=<K=F1F1K.+F/+=<A9=F778.1AF,+A<F1,+AN=>86<X87A :8<Aa=O-9A F1 C<=1/A 8< F1 0-A/F=9 /899A/,FLA>=<K=F1F1K=/,0 :8< Aa=O-9A F1 GA<O=1U 8<+=LA>AA19=F778.1>U,+A-A=V,<=7A61F81=17AO-98UA<0l 8<K=1F0=,F810F108/=99A7 \=0F/ JK<AAOA1,0 :8<Aa=O-9A F1E.A7A1 k ;+A-<8/A76<=9<69A0/=1/81,=F1=7A:F1F,F818:,+A-=<,FA0.+F/+ O=U /81/967A/899A/,FLA=K<AAOA1,0 Aa,A10F81 OA/+=1F0O0 >=<K=F1F1K<69A0 <69A0:8</81:9F/,<A0896,F81 =170881! ;+A<A=<A08OA0FK1F:F/=1,7F::A<A1/A0>A,.AA1,+AL=<F860D6<8-A=1 /861,<FA0<AK=<7F1K,+A9AK=9/8LA<=KA8:/899A/,FLA=K<AAOA1,0!\=0F/=99U 819U,+80AAO-98UAA0=17AO-98UA<0=<A/8LA<A7>U/899A/,FLA=K<AAOA1,0 .+F/+=<AOAO>A<08:81A8:,+A>=<K=F1F1K-=<,FA0 ,+=,F0 =,<=7A61F81 8<AO-98UA<0l=008/F=,F81 0AA;=>9A' kW8.ALA< O80,/861,<FA0+=LA08 /=99A7Aa,A10F81-<8/A76<A0.+F/+ O=UAa,A17/8LA<=KA,88,+A<.8<VA<0 8<AO-98UA<0! J0:=<=0.8<VA<0=<A/81/A<1A7 "*86,8:'#DS OAO>A< 0,=,A0+=LA=08/=99A7 $ A<K=8O1A0 % <69A =//8<7F1K,8.+F/+18,819U ,<=7A61F81 OAO>A<0>6,=99.8<VA<0=,=/A<,=F1/8O-=1U=<A/8LA<A7>U /899A/,FLA=K<AAOA1,0!@8<A8LA< =908F1,+80A/861,<FA0F1.+F/+ F1= 0,<F/,9U 9AK=9 0A10A /899A/,FLA=K<AAOA1,0 /8LA< 819U ,<=7A 61F81 OAO>A<0 F1-<=/,F/A,+AAO-98UA<08:,A1Aa,A17,+A/899A/,FLA9U=K<AA7 /817F,F810,8=99.8<VA<0F1 8<7A<,8=L8F7 61Ah6=9,<A=,OA1,F1 ,+A /8O-=1U!Z108OA/861,<FA0 :8<Aa=O-9A GA<O=1U ,+AAO-98UA<0=<A =90818,=998.A7,8-=U18161F81 OAO>A<0=+FK+A<.=KA:8<,+A-6<-80A 8:KFLF1K61F81 OAO>A<0=1F1/A1,FLA,89A=LA,+A61F81!

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X899A/,FLA\=<K=F1F1KF1D6<8-A J1]LA<LFA. &" ( ! A:881G.7H1 R-0F-7373F<3410.,1 A:347.7:36:D-3 JG:3:C7G A07676 JK=F10,,+A>=/VK<8617 8:,+A/6<<A1,A/818OF//<F0F0 ALA<U.+A<AF1 D6<8-A /899A/,FLA>=<K=F1F1K F0 617A< A18<O860 -<A006<A :<8O ,+A AO-98UA<0l0F7A .+F/+=FO0,8,=/V9AA/818OF/7F::F/69,FA0>U<A76/F1K 9=>86< /80,0! W8.ALA< .+=, OFK+,>A<=,F81=9:<8O=1 F17FLF76=9 AO-98UA<l0-8F1,8:LFA.+=01AK=,FLA/810Ah6A1/A0:8<,+AA/818OU=0= .+89A! J0-8F1,A786,>Ue8+1@=U1=<7 HAU1A0F1+F0GA1A<=9;+A8<U ,+AA/818OF//<F0F0/8697ALA17A,A<F8<=,A=0=<A069,8:=KA1A<=9/6,F1 .=KA0 0F1/AF,.8697:6<,+A</81,<=/,/8106OA<7AO=17=17 -<8O8,A 7A:9=,F81!;+A<A:8<A F,F08:K<A=,FO-8<,=1/A,+=, 617A</817F,F8108: A/818OF//<F0F0 /899A/,FLA>=<K=F1F1KF0=>9A,80,=>F9F0A8<ALA1F1/<A=0A .=KA0!Z1D6<8-A /899A/,FLA=K<AAOA1,0=,1=,F81=98<0A/,8<=99ALA9+=LA -<8LA7,8>A= O8<AA::F/FA1,F10,F,6,F81=K=F10,.=KA/6,0,+=1/8O-=1U =K<AAOA1,0 .+F/+=<A O8<A/980A9U<A9=,A7,8,+AA/818OF/-A<:8<O=1/A 8:,+AF17FLF76=9:F<O! S.&'2*&&*%-(,? \<86K+,81 J17<A= '%%* P=KA:8<O=,F81F1,+A DS 5A-8<,:8<,+A D6<8-A=1 C8617=,F81:8< ,+A ZO-<8LAOA1, 8: NFLF1K=17 P8<VF1K X817F,F810 I6>9F1! JL=F9=>9A=, +,,...!A6<8:8617!A6<8-=!A6 78/0 AF<8 ,1%$%$%"*0 ,1%$%$ %"*0! -7: D6<8-A=1X8OOF00F81 '%%* *6:-$/"0'&%#&'/0,6$06 8-",;#<==> N6aAO>86<K ]::F/A:8<]::F/F=9Y6>9F/=,F8108:,+AD6<8-A=1X8OO61F,FA0! I6X=b= Y+F9FD<.=1G=6,FA< I=-+1A@8O:A<=,86=17@A9=1FAP=<7P=<1OA7F1KA< '%%$ Z10,F,6,F81=9CA=,6<A08: P=KA\=<K=F1F1KF1'3 D6<8-A=1X861,<FA0 ,+A SE=17e=-=1 D6<8-A=1XA1,<=9\=1V P8<VF1KY=-A<EA<FA0R8!*&) IA/AO>A<! JL=F9=>9A=, +,,...!A/>!F1, -6> -7: 0/-.-0 A/>.-*&)!-7: E/+69,A1 ;+8<0,A1 '%%) .,&0:'"0$17#),76;,&0/0C 06 8-",;' ! a-"!,&0/0$17#6 SC,6,50#:#"M#N#"C$17'?/#6 W=O>6<K!

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92*P.%036/'*#"81*$&*/*,'%'(",(,5*&#%,6 3'&.N'.&*%,-!.&&*,'P*)*0"$#*,'/ 5AF1+=<7\=+1Od99A< ;+AGA<O=10U0,AO 8:.8<VA<0lF1,A<A0,<A-<A0A1,=,F81 .F,+A1,A<-<F0A 9ALA9<A-<A0A1,=,F81>U.8<V0/861/F90 81,+A81A+=17 =170A/,8<=9 F1,A<A0,<A-<A0A1,=,F81>U ,<=7A 61F810 81 ,+A 8,+A< +=0>AA1 <A8<K=1F0F1K:8<08OA,FOA! EFK108:7ALA98-OA1,F1/967AAa,A<1=9A<80F81 76A,87A/<A=0F1K/899A/,FLA>=<K=F1F1K/8LA<=KA8:A1,A<-<F0A0=17.8<VA<0 =17/+=1KA0.F,+F1,+A/899A/,FLA>=<K=F1F1K0U0,AO.+F/+KA1A<=99U/8OA 617A<,+A+A=7F1K8:7A<AK69=,F81=177F::A<A1,F=,F81! Z1.+=,:8998.0 :F<0, ,+A/8<AA9AOA1,08:,+A76=90U0,AO 8:F1,A<A0,<A-<A0A1,=,F81F1 GA<O=1U.F99>A -<A0A1,A7! EA/817 /6<<A1, 7ALA98-OA1,0.F99>A Aa=OF1A7=17,+A/810Ah6A1/A0:8<,+A/899A/,FLA>=<K=F1F1K0U0,AO=17 ,+A<89A 8:,+A ,<=7A 61F810 0,=,A7! PA.F99/81/967A.F,+=><FA: 06OO=<U! ! ! ;,1 X5-8 LQ 6.1C:D 23.1016. 91K01613.-.7:3 73 Y10C-3Q I L.05G.501-34 A50013. X1H18:KC13.6 ! ! !;,1 X5-8 LQ 6.1C:D 23.1016. 91K01613.-.7:3 X+=<=/,A<F0,F/8:,+AGA<O=10U0,AO8:.8<VA<0lF1,A<A0,<A-<A0A1,=,F81F0 ,+A76=9F,U 8:A1,A<-<F0A<A-<A0A1,=,F81>U.8<V0/861/F90 81,+A81A +=17 =17F1760,<U.F7A<A-<A0A1,=,F81>U,<=7A61F810 81,+A8,+A<

&% X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A +=17! J0=<A069,8:,+F076=9F,U ,+A<AF0=,.8,FA<<A-<A0A1,=,F810U0,AO =,A1,A<-<F0A=17 0A/,8<=9 F1760,<U9ALA9!;+A<A=<A=908,.8 0A-=<=,A =<A1=0:8<7F0-6,A<A0896,F81!;+A9AK=9 F10,F,6,F81=90,<6/,6<A8:,+A,.8 =<A1=07F::A<0 =0 78,+A=/,8<0 ,+A 8>bA/,08:/81,A1,F81=17 /81:9F/, <A0896,F81-<8/A76<A0! RALA<,+A9A00 ,+A,.89ALA908<=<A1=0=<A<A9=,A7,8 81A=18,+A<F1,A<O08::61/,F81=97F::A<A1,F=,F81 @d99A<eA1,0/+'%%& )& k ! ! " B011 A:881G.7H1 R-0F-7373F-34.,1 L:G7-8 T-0.3106 ;+A9AK=9>=0F0=,,+AF1760,<U.F7A 0A/,8<=99ALA9F0:<AA /899A/,FLA >=<K=F1F1K! Z,+=0= -<8OF1A1,-9=/A F1 ,+A X810,F,6,F81 <=1VF1K FOOA7F=,A9U>A1A=,+,+A61FLA<0=9:<=1/+F0A!;+A\=0F/N=. K6=<=1,AA0 :<AA78O 8:=008/F=,F81 $ :8< ALA<U81A=17=99 8//6-=,F810 ,+=,F0 :<AA78O ,8 $ :8<O=008/F=,F810,8 0=:AK6=<7=17 -<8O8,A .8<VF1K=17 A/818OF//817F,F810 % =17,+A<A>U,+A<FK+,,8A0,=>9F0+F17A-A17A1,,<=7A 61F810=17AO-98UA<0l8<K=1F0=,F810! Z1:<AA/899A/,FLA>=<K=F1F1K ,+A /899A/,FLA=/,8<0 ,<=7A 61F810=17 AO-98UA<0l8<K=1F0=,F810 OAA,=17 1AK8,F=,A F:18,Aa/960FLA9U =,9A=0,-<A78OF1=1,9U,+A $ /817F,F8108: 0=9A % 8: 9=>86< ,+=, F0 .=KA<=,A0 .8<VF1K+86<0=17 8,+A< KA1A<=9F0=>9A.8<VF1K/817F,F810! X81:9F/,0/=1>A<A089LA7F1,+F0=<A1= >U0,<FVA=/,F81!;+A9AK=9:8617=,F8108:,+A/899A/,FLA>=<K=F1F1K0U0,AO =<A9=F778.1F1,+AX899A/,FLA JK<AAOA1,0 J/,!Z,0,=,A0,+=,819U,+A ,<=7A61F810/=1/81/967A/899A/,FLA=K<AAOA1,0.F,+F17FLF76=9AO-98UA<0 ,+=,F0 A1,A<-<F0A0 8<=008/F=,F8108:AO-98UA<0 ,+=,F0 AO-98UA<0l 8<K=1F0=,F810 k;+A9AK=918<O08:,+A/899A/,FLA=K<AAOA1,<A9=,A7,8,+A /81,A1,0 /81/960F81=17,A<OF1=,F818:,+AAO-98UOA1,<A9=,F810+F-=--9U 7F<A/,9U,8,+A-=<,FA0,8,+A/899A/,FLA=K<AAOA1,=17=<A O=17=,8<U! ;+A<A=<A OF1FO6O 0,=17=<70.+F/+A1,A<-<F0A0 O=U18,:=990+8<,8:! N=>86<18<O0=K<AA7F1/899A/,FLA=K<AAOA1,0+=LA-<F8<F,U8LA<8,+A< :8< Aa=O-9A A1,A<-<F0A8<F17FLF76=9<AK69=,F810! P8<V0/861/F90 ,+A<A:8<A /=118, /81/967A=K<AAOA1,0 F1 ,+A A1,A<-<F0A.F,+ ,+A AO-98UA< /81/A<1F1K<AO61A<=,F81=17 8,+A<.8<VF1K /817F,F810 .+F/++=LA

;+AI6=9EU0,AO8:5A-<A0A1,=,F81F1GA<O=1U && =9<A=7U>AA1<AK69=,A7F1=/899A/,FLA=K<AAOA1,8<8,+A<.F0A " =17>U OA=108:.+F/+,+A OF1FO6O 18<O0:FaA7F1,+A/899A/,FLA=K<AAOA1, .8697>A 617A</6,! W8.ALA< " A1,A<-<F0A=K<AAOA1,0.+F/+=<A O8<A :=L86<=>9A:8<,+AAO-98UAA0=<A9AK=99U-A<OF00F>9AF18,+A<.8<70 " ,+A08 /=99A7 6 :=L86<=>F9F,U -<F1/F-9A 7 =--9FA0!;+A -<F8<F,U 8: /899A/,FLA9U =K<AA7 -<8LF0F810 =908=--9FA0 ,8 08/=99A7 /899A/,FLA=K<AAOA1,0=, /8O-=1U9ALA9!;+AU=--9U 819U ,8 ,+AF17FLF76=9/8O-=1U " >6,=<A /81/967A7>U,<=7A61F810.F,+,+AO=1=KAOA1,=17.8<V0/861/F90/=118, /81/967A=K<AAOA1,0.+F/+ 617A</6,18<O=,FLA -<8LF0F8108:/899A/,FLA =K<AAOA1,0! C<AA/899A/,FLA>=<K=F1F1K=17,+A<FK+,,8/899A/,FLA=008/F=,F81,+=, K8A0.F,+F,-A<:8<O7F::A<A1,:61/,F810:8<=/,8<08<K<86-08:=/,8<0! C8< AO-98UAA0 " ,+A ;",/#1/0,6?-61/0,6 F0 ,+A O80,FO-8<,=1,!;+<86K+ /8=9F,F81:8<O=,F81 " ,+A O=<VA,-8.A<8:/=-F,=9/=1>A7FOF1F0+A7=17 7A/A1,.8<VF1K/817F,F810/=1>AA106<A78< " =0Gf,B\<FA:0 " 81A8:,+A :8<A:=,+A<08:GA<O=19=>86<9=. " :8<O69=,A7F, " =0A=<9U=0"*'& !6 =0=:A +860A 0A,6. =K=F10,,+A/8OOA</F=9F0=,F818:+6O=19=>86< 7 kJ981K0F7A ,+A-<8,A/,FLA:61/,F81:8<,+A -6<-80A8:A106<F1K,+A<A-<876/,F81 8: 9=>86<-8.A< " :<AA/899A/,FLA>=<K=F1F1K=908-A<:8<O0= :0$/"0+-/0,6'6: ;'"/010;'/0,6?-61/0,6 !\UF,0OA=10AO-98UAA0/=1>AA106<A7=0+=<AF1 ,+AK<8.F1KA/818OF/-<80-A<F,U76A,8F1/<A=0F1K9=>86<-<876/,FLF,U! C8<,+A AO-98UA< " :<AA /899A/,FLA>=<K=F1F1K A00A1,F=99U -A<:8<O0 ,+<AA:61/,F810! CF<0, " F,0 1'"/#&?-61/0,6 0+8697>AOA1,F81A7! X899A/,FLA =K<AAOA1,0-<8LF7A/817F,F8108:Ah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

&' X8O-=<=,FLAZ1760,<F=95A9=,F810 ! X+F1= " E86,+H8<A==17GA<O=1U # D6<8-A C8<,+A0,=,A " :<AA/899A/,FLA>=<K=F1F1K+=0= 6 <A9FA: 7 :61/,F81!Z,F0 <A9A=0A7:<8O,+A<A0-810F>F9F,U:8<<AK69=,F1K.8<VF1K/817F,F810 ,8,+A Aa,A1, ,+=, /A<,=F1 OF1FO6O 0,=17=<70=<A 18, 617A</6,!;+<86K+ =6,818O8600A9:<AK69=,F81 " ,+A0,=,A78A018,06::A<=98008:9AKF,FO=/U 76A,8/81:9F/,=1778A018,F,0A9:>A/8OA,+A,=<KA,8:9=>86<7F0-6,A0!Z1 /81:9F/,0 " F,-9=U0,+A<89A8:1A6,<=9,+F<7-=<,U " :<8O.+F/+F,=/h6F<A0 9AKF,FO=/U! ! ! # J3.10K0761 81H18 23.1016. 91K01613.-.7:3 NA, 60 ,6<1 ,8 ,+A A1,A<-<F0A 9ALA9 8: ,+A 76=9 0U0,AO 8:F1,A<A0, <A-<A0A1,=,F81!;+A=/,8<0F1,+F0=<A1==<A 18,,+A,<=7A 61F810=17 AO-98UA<0l 8<K=1F0=,F810 " >6, /8O-=1U O=1=KAOA1,0=17 ,+A.8<V0 /861/F90! P8<V0 /861/F90 /=1>A 0A, 6- F1=99 /8O-=1FA0.F,+:FLA AO-98UAA08< O8<A " =9,+86K+F1:=/,,+AUAaF0,F1 819U"" -A</A1,8: /8O-=1FA0 " :8<.+F/+)$ -A</A1,8:=99AO-98UAA0 .8<V!@=1U0O=99 /8O-=1FA0+=LA 18.8<V0/861/F9 , F1 /8O-=1FA0.F,+ O8<A,+=1"%% AO-98UAA0 " +8.ALA< " ,+A<=,AF08LA<$%-A</A1,! P+F9A,<=7A61F810=<A =008/F=,F8108: OAO>A<0 " .8<V0/861/F90=<A,+A -<876/,8:A9A/,F810! P8<V0/861/F90=<A,+A<A:8<A 18,,<=7A 61F81 /8OOF,,AA0 " >6,A9A/,A7 <A-<A0A1,=,FLA08:=99,+AAO-98UAA08:=/8O-=1U!@80,.8<V0/861/F9 OAO>A<0=<A=908 OAO>A<0 8:= ,<=7A 61F81 $ =<8617&# -A< /A1, %" +8.ALA< " =17/=<<U 86,,+AF<=/,FLF,FA0=K=F10,,+A>=/VK<8617 8:,<=7A 61F81 8>bA/,FLA0!\6,.8<V0 /861/F90+=LA= /810F7A<=>9A 7AK<AA 8: F17A-A17A1/A.+F/+F0>U18OA=10OA<A9U:8<O=9! ;+A9AK=9:8617=,F81:8<=/,8<0F1,+A/8O-=1U=<A1=F0,+A P8<V0 X810,F,6,F81 J/,! Z,<AK69=,A0 ,+A F1:8<O=,F81 " /81069,=,F81=17 /87A,A<OF1=,F81<FK+,0 8:,+A.8<V0 /861/F9=17 ,+A<A0-810F>F9F,U ,8 A1K=KAF1 6 /88-A<=,F81>=0A781,<60, 7 .F,+,+AAO-98UA<! P8<V0/861/F90 +=LA,8,=VAF1,8=//861, " 18,819U,+AF1,A<A0,08:,+AAO-98UAA0 " >6, =908,+A.A99>AF1K8:,+A/8O-=1U=17,+AU O=U18,/=99:8<0,<FVA=/,F81 F106--8<,8:,+AF<7AO=170! Z1760,<F=9=/,F81>A,.AA1 AO-98UA<0=17

;+AI6=9EU0,AO8:5A-<A0A1,=,F81F1GA<O=1U &( .8<V0/861/F90F09AK=99UF1=7OF00F>9A! ;+A 8>bA/,0 8: 1AK8,F=,F810 8< 7F0-6,A0=, /8O-=1U 9ALA9=<A KA1A<=99U0-A=VF1K 18,,+A $ /817F,F8108:0=9A % 8:9=>86<-8.A< .+F/+ =<A>=0F/=99U7A,A<OF1A7=,0A/,8<=99ALA9 >6,<=,+A<,+A $ /817F,F8108: 60A :8< Aa=O-9A ,+A 7F0,<F>6,F81 8:.8<VF1K ,FOA /81/<A,A.8<V 8<K=1F0=,F81 .8<V-9=/A7A0FK18<08/F=9<AK69=,F810!Z1=77F,F81 .8<V0 /861/F90=<A<A0-810F>9A:8<06-A<LF0F1K,+AFO-9AOA1,=,F818:/899A/,FLA =K<AAOA1,0=17,+AF<18<O=,FLA-<8LF0F810! ;+AF1,A<=/,F818::<AA/899A/,FLA>=<K=F1F1K=17.8<V0/810,F,6,F810 +=LA :8<O=1UUA=<0 A106<A7,+A:9AaF>F9F,U=170,=>F9F,U8:,+A/899A/,FLA >=<K=F1F1K0U0,AOF1GA<O=1U! S(?.&*E 92*-.%0/6/'*#"8T"&Y*&/U(,'*&*/'&*$&*/*,'%'(", ;FA< NALA9 =<A1= NAK=9 :<=OA.8<V J/,8<0 "0,,FA< EA/,8<=99ALA9 C<AA/899A/,FLA >=<K=F1F1K \=0F/N=. X899A/,FLA JK<AAOA1,0J/, ;<=7A61F810 LA<060 AO-98UA<0l 8<K=1F0=,F810 ;8-F/ C8<O8:/81:9F/, <A0896,F81 X817F,F8108: 0=9A8:9=>86< .=KAF1/<A=0A0 76<=,F818: .8<VF1K,FOA =170881 \F9=,A<=9 .F,+ 0,<FVA=/,F81 P8<V0 /810,F,6,F81 '17,FA< D1,A<-<F0A9ALA9 P8<V0 X810,F,6,F81J/, P8<V0/861/F9 LA<060 O=1=KAOA1, X817F,F8108: 60A8:9=>86< 0F,6=,F81=17 7F0,<F>6,F818: .8<VF1K,FOA ><A=V0 .8<V-9=/A 7A0FK1=170881 \F9=,A<=9 .F,+86, 0,<FVA=/,F81 " ! A50013. X1H18:KC13.6 C<8O,+A16O>A<8:/899A/,FLA=K<AAOA1,0/6<<A1,9UF1:8</A 81A OFK+, KA,,+AFO-<A00F81,+=,,+A GA<O=1/899A/,FLA>=<K=F1F1K0U0,AOF0LA<U 0,=>9A=17:6998:LFK86<! J,,+AA178:'%%$ ,+A<A.A<A18:A.A<,+=1 &% 43'/899A/,FLA=K<AAOA1,0 =<8617# %%%8:,+AO 1A.9U/81/967A7F1 '%%*! J9F,,9AO8<A,+=1+=9:8:L=9F7/899A/,FLA=K<AAOA1,0=<A=K<AAOA1,0 /81/967A7>U,<=7A61F810.F,+F17FLF76=9A1,A<-<F0A0=17 7A0/<F>A7=0

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h6A1,9U " 7F<A/,9U=::A/,819Ub60,8LA<+=9:8: AO-98UAA0=17,+A=<A=0.F,+86,/899A/,FLA>=<K=F1F1K=<AKA,,F1K>FKKA< =17>FKKA<!;+F0 7ALA98-OA1,+FK+9FK+,0,+A Aa,A<1=9A<80F81 8:,+A /899A/,FLA>=<K=F1F1K0U0,AO!

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a-A<FA1/A7,.81A.=17<A9=,A77ALA98-OA1,0!Z1O8<A=17O8<A/=0A0 ,+AA1,A<-<F0AF0>A/8OF1K,+A0/A1A8:/899A/,FLA>=<K=F1F1K =0=<A069, 8:.+F/+,+A>A1/+O=<V:8<,+A/81,A1,08:1AK8,F=,F810F0/+=1KF1K! ;+A1AK8,F=,F1K-=<,FA0,=VA,+AF<>A=<F1K09A00:<8O,+A=LA<=KA0F,6=,F81 8:/8O-=1FA0F1 ,+A><=1/+ ,+=1:<8O ,+A 0-A/F:F/ 0F,6=,F81=,=1 F17FLF76=9/8O-=1U =>8LA=99 /8O-=1U -<876/,FLF,U! J0=<A069,

'! X8O-=<=,FLAZ1760,<F=95A9=,F810 ! X+F1= " E86,+H8<A==17GA<O=1U # D6<8-A /8O-=1FA0=<A06>bA/,,8=VF178:786>9A/899A/,FLA>=<K=F1F1K<A=9F,U! ;+AU<AO=F1>8617,8,+A><=1/+=K<AAOA1, " >6,08 /=99A7 6 8-A1F1K /9=60A0 7 =<AF1,<876/A7 " .+F/+ O=VA-800F>9A=,AO-8<=<U8<-A<O=1A1, 617A</6,,F1K8:><=1/+18<O0! ;+A0+F:, 8: $ -=<, 8: % 1AK8,F=,F810 ,8 A1,A<-<F0A 9ALA9=17 ,+A 8<FA1,=,F81 ,8.=<70 ,+A -<876/,FLF,U 8: F17FLF76=9 /8O-=1FA0=<A /810Ah6A1/A0 8:,+A 7.F179F1K 16O>A< 8:,+80A>8617>U /899A/,FLA =K<AAOA1,0=17617A<9F1A,+A1AA7:8<,+A0,=>F9F0=,F818:,+A/899A/,FLA >=<K=F1F1K 0U0,AO!;+A:=/, ,+=, A1,A<-<F0A0+=LA O8<A<88O ,8 O=18A6L<A=17,+A-800F>F9F,U,8617A</6,OF1FO6O 18<O0617A</A<,=F1 /F</6O0,=1/A0 O=VAF,9A00=,,<=/,FLA,8 AO-98UA<0,8.F,+7<=.:<8O /899A/,FLA=K<AAOA1,0/8O-9A,A9U! P+A,+A<,+F0<A=99U/81,<F>6,A0,8,+A 0,=>F9F0=,F81 8: ,+A /899A/,FLA>=<K=F1F1K 0U0,AO F0 7A>=,=>9A! J0 7F::A<A1,9U=0,+A/81,<F>6,F8108:7A/A1,<=9F0=,F81=177F::A<A1,F=,F81,8 0,=>F9F0=,F81=<AAL=96=,A7 " F,F0F17F0-6,=>9A,+=,8-A1F1K/9=60A0.+F/+ =998./8O-=1FA018,819U,80+=-A,+A-<8LF0F8108:/899A/,FLA=K<AAOA1,0 >6,=908,8617A</6,,+AO+=LA>A/8OA.F7A0-<A=7! 5A0A=</+7=,=81,+A Aa,A1,8:8-A1F1K/9=60A07F::A<.F,+<AK=<7,806<LAUUA=< " ><=1/+=17,+A :8<O8:,+Ah6A0,F810! GA1A<=9F0F1K " .A/=10=U,+=,8-A1F1K/9=60A0O=U >A:8617 " 7A-A17F1K81,+A><=1/+ " F1"%("#-A</A1,8:/8O-=1FA0 " F1 .+F/+>A,.AA13%=17#%-A</A1,8:.8<VA<0=<AAO-98UA7! J17.+A<A,+AU AaF0,,+AU=<A606=99U=--9FA7 $ E/+1=>A9=17H8+=6,'%%4 , \=+1Od99A<'%%* % k " ! # Z1U /0G,7.1G.501:D.,1 23.1016. 91K01613.-.7:3 LQ 6.1C ;+A -=<,F=9 <A98/=,F81 8: 1AK8,F=,F810 81.8<VF1K /817F,F810+=0 /810Ah6A1/A0:8<,+A76=90U0,AO8:F1,A<A0,<A-<A0A1,=,F81 " =0+=0=9<A=7U >AA17A0/<F>A7! I6=9F,U=0F,+=0AaF0,A7 08:=<F0F1/<A=0F1K9U>AF1K 06-A<0A7A7>U= O69,F=<A1=0U0,AO F1.+F/+,+A/899A/,FLA>=<K=F1F1K -=<,FA07818,/81/967A=K<AAOA1,0819U=,0A/,8<=99ALA9 " >6,=908-=<=99A9 A1,A<-<F0A=K<AAOA1,0! J,A1,A<-<F0A9ALA9,+AU1AK8,F=,A8106>bA/,0,+=, +=LA=9<A=7U>AA1,+A8>bA/,08:/81:9F/,=171AK8,F=,F81=,><=1/+9ALA9!

;+AI6=9EU0,AO8:5A-<A0A1,=,F81F1GA<O=1U '" ;+A/+=1KAF1,+A9ALA98:1AK8,F=,F81018981KA<=6,8O=,F/=99UA1,=F90= /+=1KAF1,+A=/,8<0=17/81:9F/,F006A0!;+A-=<,FA0=908,=VA6- 1A. ,8-F/0F1 A1,A<-<F0A9ALA91AK8,F=,F810 " 06/+=0 7A/F0F810 81<A98/=,F81 " -<8OF0A08:F1LA0,OA1,8<08/F=9-9=10<A9=,A7,8-9=1,/9806<A0 " .+F/+ -<ALF8609U.A<A,+A9AK=9-<A0A<LA8:,+A,.8A1,A<-<F0A9ALA9-=<,1A<0 " O=1=KAOA1,=17.8<V0/861/F90 " 8<.A<A 7A/F7A7>U,+A O=1=KAOA1, =981A! X81LA<0A9U " .8<V0/861/F90,=VA6-06>bA/,0.+F/+ 6 <A=99U 7 >A981K ,8,+A/899A/,FLA>=<K=F1F1K -=<,FA0 " =17 1AK8,F=,A -=<,9U .F,+ " -=<,9U .F,+86,,+AF<=--<8L=981.8<VF1K,FOA " .=KA /8O-81A1,0 8<0-A/F=9 -=UOA1,0! Z1 ,+F0.=U " ,+A -=<,FA0 =,,AO-, ,8 K=F1 K<8617! ;+A >8617=<FA0>A,.AA1.8<V0/810,F,6,F81=17:<AA/899A/,FLA>=<K=F1F1K=<A >AF1K<AAa=OF1A7=17/81,A0,A7! ;806OO=<F0A " ,+A-<ALF86076=90U0,AO 8:F1,A<A0,<A-<A0A1,=,F81 F0 O6,=,F1KF1 ,+A 7F<A/,F81 8:= ,+<AA,FA< 0U0,AO " .F,+= 0A/,8<=9 /899A/,FLA>=<K=F1F1K=<A1= " .+80A 9AK=9 :<=OA.8<VF0-<8LF7A7>U:<AA/899A/,FLA>=<K=F1F1K , =1A1,A<-<F0A9ALA9 /899A/,FLA>=<K=F1F1K=<A1= " =908 9AK=99U<AK69=,A7>U:<AA /899A/,FLA >=<K=F1F1K , =17=1A1,A<-<F0A=<A1= " .+F/+F006>b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h6=9 OF1FO6O 0,=17=<70:8<=99AO-98UAA0F1=><=1/+8<,+A0=OAOF1FO6O9=>86</80,0 :8<=99A1,A<-<F0A0!;+AU18981KA<A106<A.+=,,+A,Aa,>88V0=U0,+AU 0+8697 " 1=OA9U,+AO=aFO6O<A76/,F818:/8O-A,F,F81=O81KAO-98UAA0! ;+F0 1A. VF17 8:/899A/,FLA=K<AAOA1,F0 O8<A9FVA=:<=OA.8<V:8< 8<FA1,=,F81:<8O.+F/+F,F0-800F>9A,87ALF=,A,8=K<A=,A<8<9A00A<Aa,A1,

'# X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A CF,BA1>A<KA<=17C<=1B'%%% k S(?.&*C <*'%#"&$2"/(/"8'2*-.%0/6/'*#"8(,'*&*/' &*$&*/*,'%'(", ",'2*T%6'"%'2&**'(*&/6/'*# 9(*&E 3*N'"&%00*)*0 NAK=9:<=OA.8<V J/,8<0 E6>bA/,8:<AK69=,F81 C<AA/899A/,FLA>=<K=F1F1K ;<=7A61F810LA<060AO-98UA<0l8<K=1F0=,F810 $ X817F,F8108:0=9A % 8:9=>86< .=KA0 .8<VF1K,FOA=170881 C8<O8:7F0-6,A<A0896,F81\F9=,A<=9.F,+,+A<FK+,,80,<FVA 9(*&C 7,'*&$&(/*0*)*0 NAK=9:<=OA.8<V J/,8<0 C<AA/899A/,FLA>=<K=F1F1K ;<=7A61F810LA<060AO-98UA<0 AO-98UA<0l8<K=1F0=,F810 E6>bA/,8:<AK69=,F81 X817F,F81=9 617A</6,,F1K 8: 0A/,8<=9 18<O0 F1 Aa/+=1KA:8< AO-98UOA1,8<98/=,F81K6=<=1,AA08<-<8OF0A08:F1LA0,OA1, C8<O8:7F0-6,A<A0896,F81\F ,<F9=,A<=9.F,+86,,+A<FK+,,80,<FVA 9(*&D 7,'*&$&(/*0*)*0 NAK=9:<=OA.8<V J/,8<0 E6>b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k;+F0+=0 KFLA1 <F0A ,8 1A. -<8>9AO0 +8.ALA< /81/A<1F1K 0A9:7A:F1F,F81=17 9AKF,FO=,F81!;+A>=9=1/F1K=/,>A,.AA1 7FLA<KF1K F17FLF76=9A1,A<-<F0A F1,A<A0,0=17F1760,<U.F7A8</899A/,FLAF1,A<A0,0 -<ALF8609U O=1=KA7>U ,+A.8<V0/861/F90 F018.,+A,=0V8:,+A,<=7A61F810 .+8O60,=908KA,

;+AI6=9EU0,AO8:5A-<A0A1,=,F81F1GA<O=1U '$ ,+AF<OAO>A<081>8=<7 $ 5A+7A<'%%4 % k ;+A AO-98UA<0l 8<K=1F0=,F810+=LA:A.A< -<8>9AO0 .F,+ 7A/A1,<=9F0=,F81=177F::A<A1,F=,F81 " .+F/+,+AU+=LA-6<06A7LFK8<8609U! ;+AU7818,A1LF0=KA/81,<89=17/88<7F1=,F81-<8>9AO0/8O-=<=>9A.F,+ ,+80A8:,+A,<=7A 61F810! Z10,A=7 " ,+AAa,A17A7<=1KA 8:8-,F810=, A1,A<-<F0A9ALA9 " F1 -=<,F/69=< " 7ALF=,F81:<8O ,+A 18<O0 8:<AKF81=9 /899A/,FLA=K<AAOA1,0 " +=LA<A9FALA7,+AO8:O6/+8:,+A>6<7A18::F17F1K =/8OO817A18OF1=,8<=O81K,+AF1,A<A0,08:,+AF<OAO>A<:F<O0! J1U :F<O.F0+F1K ,8 7ALF=,A:<8O=1=K<AAOA1,/=1 O8<A 8<9A00 78 08! RALA<,+A9A00 " ,+AU=908+=LA9AKF,FO=,F81-<8>9AO0 " 0F1/A,+A/81/960F81 8:<AKF81=9/899A/,FLA=K<AAOA1,0F018981KA<=00FK1F:F/=1,=0F,81/A.=0! P+F9A,+A0FK1F1K 8:<AKF81=9/899A/,FLA=K<AAOA1,0.=081/A,+ALA<U <=F0817 6 n,<A8:AO-98UA<0 7 8<K=1F0=,F810,+=,F018981KA<,+A/=0A!;+A F7A1,F,U8:AO-98UA<0l8<K=1F0=,F810F0/+=1KF1K=17:8<=16O>A<8:UA=<0 ,+AU+=LA=9088::A<A7,+AF<OAO>A<0OAO>A<0+F-.F,+86,>AF1K>8617,8 /899A/,FLA=K<AAOA1,0 $ 08/=99A7 6 ]; ,76# K'"0?+06:-63 . 8<K=1F0=,F810 7% k C8< ,+A0A A1,A<-<F0A0 ,+AU 18.:61/,F81=0 0A<LF/A -<8LF7A<0 " 8::A<F1K /81069,=,F81=17 06--8<,:8<F17FLF76=9/8O-=1FA0! J17 ,+A 0,<=,AKU " -6<06A7 F1 -=<,F/69=<F1 ,+A OA,=9=17 A9A/,<F/=9 F1760,<U " F0-=UF1K 8::!;+A98008: OAO>A<0 " :<8O.+F/+AO-98UA<0l 8<K=1F0=,F810.A<A=90806::A<F1K " +=0>AA1+=9,A7!;+A9800A0<AKF0,A<A7 0F1/A'%%%>U,+AAO-98UA<0l8<K=1F0=,F81:8<,+A OA,=9F1760,<U+=LAF1 ,+AOA=1,FOAO8<A8<9A00>AA1O=7AK887 $ \=+1Od99A<'%%* % k # ! L5CC-0Q ;+A7A/A1,<=9F0=,F81,8,+AA1,A<-<F0A9ALA98:/899A/,FLA>=<K=F1F1K=17,+A 7F::A<A1,F=,F818:,+A18<O=,FLA-<8LF0F8108:/899A/,FLA=K<AAOA1,0=<A,+A ,.878OF1=1,7ALA98-OA1,0F1,+A GA<O=1/899A/,FLA>=<K=F1F1K0U0,AO 0F1/A ,+A"**%0! IA/A1,<=9F0=,F81 F0 18,= O=<KF1=9 8< ,<=10FA1, -+A18OA181 " +8.ALA<! X8O-=1U=K<AAOA1,0.+F/+7ALF=,A:<8O><=1/+ /899A/,FLA=K<AAOA1,0+=LA>A/8OA= -A<O=1A1, :A=,6<A 8: /899A/,FLA

'% X8O-=<=,FLAZ1760,<F=95A9=,F810 ! X+F1= " E86,+H8<A==17GA<O=1U # D6<8-A >=<K=F1F1K=17+=LA/+=1KA7,+A=</+F,A/,6<A8:,+A GA<O=10U0,AO 8: F1,A<A0,<A-<A0A1,=,F81!;+A 08/F=9 -=<,1A<0 18. 8-A<=,A=908=, ,+A A1,A<-<F0A9ALA9 " 18,819U=,,+A0A/,8<=99ALA9! EA/,8<=918<O0<AO=F1,+A -8F1,8:<A:A<A1/A:8<,+A7A,A<OF1=,F818:A1,A<-<F0A.8<VF1K/817F,F810 " >6,,+AU=<A<A1AK8,F=>9AF1,+AA1,A<-<F0A!;+A,<=7A61F810+=LA,<FA7,8 =LA<, 7A/A1,<=9F0=,F81=17 7F::A<A1,F=,F81 " >6, ,+AU+=LA:=F9A7! S9,FO=,A9U " ,+A ,<=7A 61F810.A<A:8</A7 ,8 K8 =981K.F,+ 7A/A1,<=9F0=,F81! ;+A<A=<A7F::A<A1,LFA.081,+A/81,<F>6,F818:8-A1F1K/9=60A0=17 ,+A<A8<K=1F0=,F81 8:,+A1AK8,F=,F1K0U0,AO ,8,+A0,=>F9F0=,F81 8:,+A /899A/,FLA>=<K=F1F1K0U0,AO! P+F9A " 81,+A81A+=17 " 7A/A1,<=9F0=,F81 =17 7F::A<A1,F=,F81=<A<AK=<7A7=0= O87A<1F0=,F81 8: ,+A /899A/,FLA >=<K=F1F1K0U0,AO 8<=0F,0=7=-,=,F81,8/+=1KA0F1Aa,A<1=9/817F,F810 $ K98>=9F0=,F81 % 8< -<876/,F81 <AKFOA0 " .+F/++=0 O87F:FA7 ,+A F10,F,6,F81=90,<6/,6<A " >6,+=0 18,/+=1KA7F,0:617=OA1,=9-<F1/F-9A0 $ ;+A9A1'%%* , E,<AA/V=17;+A9A1'%%# , W=F-A,A<'%%*= " '%%*> , e=/8>F '%%3 %" 8,+A<0<AK=<7 7ALA98-OA1,0=0F9960,<=,F1K=/81,F16F1KF1,A<1=9 A<80F81.+F/+F0:617=OA1,=99U/+=1KF1K,+A/+=<=/,A<8:,+A/899A/,FLA >=<K=F1F1K0U0,AO=17/899A/,FLA=K<AAOA1,0 $ =1708F,0>=0F/-<F1/F-9A0 % $ \F0-F1/V=17E/+69,A1"**$ , PFA7AO6,+'%%& , \=+1Od99A<'%%* % kZ,/=1 /A<,=F19U>A0,=,A7,+=,,+AA<80F818:,+A/899A/,FLA>=<K=F1F1K0U0,AO+=0 18,UA,>AA1+=9,A7 ! ,+A 16O>A< 8: A1,A<-<F0A0>8617>U /899A/,FLA =K<AAOA1,0/81,F16A0,87A/9F1A!;+A<=,A8:7A/9F1AO=U+=LAO87A<=,A7 " >6,F,/81,F16A0! J9O80,&%-A</A1,8:A1,A<-<F0A0 " AO-98UF1K=<8617+=9: 8:=99.8<VA<0 " =<A18.86,0F7A,+A<AKF81=9/899A/,FLA>=<K=F1F1K0U0,AO! C<AA/899A/,FLA>=<K=F1F1K=17 " .F,+F, " ,+A-F99=<08:,+AGA<O=10U0,AO 8:F1,A<A0,<A-<A0A1,=,F81+=0>AA108.A=VA1A7,+=,0,=>F9F0=,F81F018, .F,+F1,+A-8.A<8:,+A>=<K=F1F1K -=<,1A<0=981A! 5AKF81=9/899A/,FLA =K<AAOA1,0=<AA::A/,FLA819U.+A<A>8,+,<=7A 61F810=17 AO-98UA<0l 8<K=1F0=,F810=<A0,F99F1=-80F,F81,8/81/967A/899A/,FLA=K<AAOA1,0.+F/+ +=LA=<A=9F1:96A1/A 81 ,+A.8<VF1K /817F,F810 8: ,+A O=b8<F,U 8: AO-98UAA0F1= -=<,F/69=< ><=1/+!;+F0F0 8:,A1 18981KA<,+A /=0A!

;+AI6=9EU0,AO8:5A-<A0A1,=,F81F1GA<O=1U '& E,=>F9F0=,F818:<AKF81=9/899A/,FLA=K<AAOA1,0.F99>AFO-800F>9A.F,+86, K8LA<1OA1,F1,A<LA1,F81! Z, O60,+A9-,+A08/F=9-=<,1A<0,8FO-9AOA1, ,+A9=>86<0,=17=<70.+F/+,+AU+=LA1AK8,F=,A7/8O-<A+A10FLA9U , ,+=,F0 " F,O60,A106<A,+=,,+AU=<AKA1A<=99U>F17F1K!]19UF1,+F0.=U " F1 OU 8-F1F81 " /=1,+A:61/,F81=9F,U8:/899A/,FLA>=<K=F1F1K>A<A0,8<A7=17,+A 7A/9F1AF1,+A0FK1F:F/=1/A8:,+A08/F=9-=<,1A<0+=9,A7!;+A0F,6=,F81F0 -=<=78aF/=9 ! ,+A 0,=,AF0>AF1K /=99A7 6-81 ,8 06--8<,:<AA /899A/,FLA >=<K=F1F1K .+F/+.=0=9.=U0/+=<=/,A<F0A7>UF,0:<AA78O:<8O 0,=,A F1,A<:A<A1/A=17 ,+A=6,818OU 8:,+A 08/F=9-=<,1A<0 >U KA1A<=9F0F1K /899A/,FLA=K<AAOA1,0!;+F0F0>U18OA=10=7A0F<=>9A7ALA98-OA1, " >6, " F,0AAO0,8OA " =1A/A00=<U81A! 1*8*&*,N*/ \=+1Od99A< " 5! $ '%%* %! IABA1,<=9F0FA<61K 7A<;=<F:-89F,FV 5A E,=>F9F0FA<61K 7A0 ;=<F:0U0,AO0 1 Z1 ! \F0-F1/V " 5! $ A7! %! W= B'7"# K'"0?E#"/"'3$3#$#/J ! %^1C+&01C -6:U-$+&01C " W=O>6<K $ :8<,+/8OF1K % k \F0-F1/V " 5!=17;! E/+69,A1 $ "**$ %! G98>=9F0FA<61K 617 7=0 7A6,0/+A ;=<F:LA<,<=K00U0,AO!Z1 PEZ@F,,AF961KA1 " #) $ ) %! ')"()$! W=F-A,A< " ;! $ '%%*= %! K'"0?'+N#017-63-6:4&O17#6/'"0?E#"/"O3# ! 806#U6'&F$#:#" %#3-&0#"-63$;"'P0$06:#"Q#/'&& -6:8&#C/",06:-$/"0# " PFA0>=7A1! W=F-A,A< " ;! $ '%%*> %! ;=<F:=>.AF/+61K ! 5AK69FA<61K " H88<7F1FA<61K617Y<=aF0F17A< @A,=99F1760,<FA6177A</+AOF0/+A1Z1760,<FA! Z1 ! PEZ@F,,AF961KA14' $ ) %! "$# (*'! e=/8>F " ]! $ '%%3 %! 5A1A.=98:,+AX899A/,FLA\=<K=F1F1KEU0,AO 1 Z1 ! @d99A<eA1,0/+ " P=9,+A< " =17 W=10bf<K PAF,><A/+, $ A70 %! K7# A7'63063 A,6/,-"$ ,? M#"5'6 *6:-$/"0'&%#&'/0,6$ " @d1/+A1 # @A+<F1K " --!"#(3$! @d99A<eA1,0/+ " P! $ '%%& %! E,<6V,6<.=17A97A<F1760,<FA99A1\ABFA+61KA1! 6 Z1760,<F=9 XF,FBA10+F7 B.F0/+A1@=<V,6175AK69FA<61K! W=KA1A<E,67FA1,Aa,AB6<E8BF898KFA " PFA0>=7A1! 5A+7A< " \! $ '%%4 %! NAKF,FO=,F8107A:FBF,A7A0X8@=1=KAOA1,0!\A,<FA>9F/+A\d171F00A :d< J<>AF,=90 H81:9FV,:A97 B.F0/+A1 J<>AF,1A+OA<1 617>A,<FA>9F/+A< Z1,A<A00A1LA<,<A,61K!Z1 ! a#0/$17"0?/?^".,J0,&,30# 3# $ 3 %! ''&()'! E/+1=>A9 " X!=17 E! H8+=6, $ '%%4 %! ;=<F:9F/+A c::161K0V9=60A91 ! _A<><AF,61K " Z1=10-<6/+1=+OA 617\A7A6,61K! C<FA7<F/+ J9Aa=17A< S1FLA<0F,M, Rd<1>A<K! IF0/600F81Y=-A<R8!)" " Rd<1>A<K! E,<AA/V " P! $ "*** %! E,==,617_A<>M17A ! RA6A C<=KA1 " 1A6A J1,.8<,A1 1 Z1 ! P! E,<AA/V $ A7! %! (,";,"'/0$5-$ 06 I#-/$17&'6: ! aN0$17#6 D'/0,6'&$/''/-6: 8-",;O0$17#"960,6 " C<=1V:6<,=O@=F1=17RA.[8<V!

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5A089LF1KX899A/,FLAN=>86<IF0-6,A0F1X+F1= (" 6 OA7F=,F81=<>F,<=,F819F,FK=,F81 7" :8<,+A-6<-80A8:0A9:-<8,A/,F81!EF1/A ,+A9=,A,.A1,FA,+/A1,6<U " .8<VA<K<86-/81:9F/,0+=LA>AA181,+A<F0AF1 X+F1=!;=VA E+A1B+A1=0=1 Aa=O-9A ! >A,.AA1 R8LAO>A<'%%&=17 e=16=<U'%%$ " ,+A<A.A<A,+<AA,8:FLA,FOA0O8<A.8<VA<K<86-/81:9F/,0 ,+=1F1,+A0=OA -A<F87,+A-<ALF860UA=<! WF,>U,+A/6<<A1,K98>=9 :F1=1/F=9 /<F0F0 " 08OA A1,A<-<F0A0.A1,>=1V<6-, 8< /980A7 , 08OA A1,A<-<F0A8.1A<0=17 O=1=KA<0L=1F0+A7.F,+86,-=UF1K.=KA0!;+A0A 1A.-<8>9AO0K=LA<F0A,8O8<A.8<VA<K<86-/81:9F/,0! " ! /3-8Q 676:D L:C1;Q K7G-8 A:881G.7H1=->:50 X76K5.16 EF1/A/899A/,FLA9=>86<7F0-6,A078OF1=,A9=>86<7F0-6,A0F1 X+F1= " F,F0 /<6/F=9,8617A<0,=17,+AF<617A<9UF1K<A=0810 " =0.A99=0,8=1=9U0A,+A <89A8:,<=7A61F810=,7F::A<A1,9ALA90>A:8<A=17=:,A<7F0-6,A0! P+=, :8998.0=<A 7A0/<F-,F810=17 7A,=F9A7=1=9U0F08:,+<AA,U-F/=9/=0A08: /899A/,FLA9=>86<7F0-6,A0! W8-A:699U,+AU/=1+A9-,8F9960,<=,A,+A<88, /=60A08:/899A/,FLA9=>86<7F0-6,A0F1X+F1==17Aa-98<A,+A<89A0Aa-A/,A7 8:,<=7A61F810! !%+*; ! &3-#1*%3<%$3#%$=$3*-$%3#'$%)!'$3%#$*->*-0#$%)+.#0#3*/ N8/=,A7F1E+A1B+A1 " [=1,F=1 X81,=F1A<;A<OF1=9F081A8:,+A9=<KA0, /81,=F1A<,A<OF1=90F1,+A.8<97! Z,.=08::F/F=99U9=61/+A7F1"**)=0= O=F19=17W81KH81Kb8F1,LA1,6<A! J,7=.181&J-<F9'%%& " '$%,8.A< /<=1A=17 K=1,<U/<=1A8-A<=,8<0 .A1,810,<FVA " -=<=9U0F1K,+AA1,F<A ,A<OF1=9 F,0FO-=/,.=0:A9,F1,A<1=,F81=99U! P=KAF006A0.A<A,+A617A<9UF1K<A=081:8<,+A[ZX;0,<FVA!EF1/AF,0 9=61/+F1"**) " ,+A/8O-=1U+=70AA17<=O=,F/-<8:F,K<8.,+8:/980A,8 #%%,FOA0.F,+86,KFLF1KF,0.8<VA<0=<=F0A! C8<Aa=O-9A " =1F19=17 +=69=KA8-A<=,8<.=0-=F75@\"%[6=1-A<+86<F1"**) " =17,+AU=<A `6`F=8b61=175A1`F=8-F1K $ '%%$ %" -!3#!

(# X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A 0,F99-=F7 ,+A 0=OA.=KA O8<A ,+=1 ,A1 UA=<09=,A< =9,+86K+ ,+AF< .8<V98=7+=0K<8.1:<8O=78BA1;DS0,88LA<'%8<3%!;+=,F0,80=U ,+A<AF01818<O=9.=KAF1/<A=0AOA/+=1F0O=,[ZX;! ;+A7F<A/,,<FKKA<8:,+A[ZX; 0,<FVA.=0,+A06//A00 8:0FOF9=< 0,<FVA0F1,+AF1760,<U!]1'3@=</+'%%& 8LA<3%%.8<VA<0.8<VF1K:8< ,.88:[ZX;l0+=179F1K06>/81,<=/,8<0.A1,810,<FVA!]13%@=</+ "$% /<=1A8-A<=,8<0.A1,810,<FVA!\8,+0,<FVA0A17A76-.F,+/81/A00F810 :<8O,+AA1,A<-<F0A .+F/+ 0A1,=0FK1=9,8.8<VA<0=,[ZX; /<UF1K >=>FA0KA,OF9V:<8O=769,0 0,<FVA<0KA,.=KAF1/<A=0A0!;+A<A:8<A ,+A [ZX;0,<FVAF0=,U-F/=9/=0A8:=/+=F1<A=/,F81,8<AKF81=9=17F1760,<F=9 0,<FVA0! ;+A,<=7A61F81-9=UA7F,0Aa-A/,A7<89AF1,+F0/=0A!Z1:=/, >A:8<A ,+A0,<FVA,+A<A.=018K<=00<88,0,<=7A61F81=,[ZX;!;+A:F<0,7AO=17 O=7A>U0,<FVF1K.8<VA<0.=0,8 $ A0,=>9F0+=,<=7A61F81 % k;+A6--A< 9ALA9,<=7A61F81-9=UA7=-80F,FLA=17FO-8<,=1,<89AF1,+A0,<FVA!;+A E+A1B+A1 CA7A<=,F81 8:;<=7A S1F810=<<FLA7=, ,+A 0,<FVA 0/A1A FOOA7F=,A9U +A9-F1K ,8 -<ALA1, ,+A 0F,6=,F81:<8O 7A,A<F8<=,F1K! J:,A<.=<70 F,0A1,=,=0V:8</A8:=78BA1OAO>A<0 +A=7A7>U,+AIA-6,U IF<A/,8<8:F,0IA-=<,OA1,8:]<K=1F0=,F81 ,8+A9-.8<VA<0=,[ZX;,8 A0,=>9F0+,+AF<61F81! J0=<A069, =,<=7A61F81,<69U<A-<A0A1,F1K,+A F1,A<A0,08:.8<VA<0.=0/<A=,A7LF=7F<A/,A9A/,F81!Z1,+A1Aa,-+=0A ,+A CA7A<=,F810A1,F,0NAK=9J::=F<0-A8-9A,8+A9-,+A1A.9U A0,=>9F0+A7 ,<=7A61F811AK8,F=,A.F,+,+AA1,A<-<F0A8LA<.=KAF006A0!;+=1V0,8F,0 K6F7=1/A 08OA -<8K<A00 .=0 O=7A F1 ,+A=<A=0 8:.8<VF1K+86< =998.=1/A0 .=KA<F0A0=17.A9:=<A F1 ,+A ,.8,8,+<AAO81,+ 981K 1AK8,F=,F810! ;+=1V0,8 ,+A A::8<,0 8: ,+A 6--A<9ALA9,<=7A 61F81 .8<VA<0l 7AO=170.A<A>=0F/=99UOA,!]-A<=,8<0l+86<9U.=KA0<80A:<8O 5@\"% [6=1,85@\"'[6=1!Z1=77F,F81 ,+AA1,A<-<F0A0-A1,8LA<5@\"%% OF99F81[6=181<A,<80-A/,FLA.=KAF1/<A=0A0 8LA<,FOA=178,+A<,U-A08: =998.=1/A! X810Ah6A1,9U O8<=9A=17 -<876/,FLF,U .A<A FO-<8LA7 /810F7A<=>9U =.F1.F10F,6=,F81:8<AO-98UA<=17AO-98UAA0!

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5A089LF1KX899A/,FLAN=>86<IF0-6,A0F1X+F1= (( O=b8<F,U8:.8<VA<0F1 X+F1= F,+=0>A/8OAF1/<A=0F1K9UFO-8<,=1,:8< ,<=7A61F810,8<A=/+86,,8,+AO! EA/817 ,+A<A=<A-<8>9AO0F1,+AA::A/,FLA1A008:<FK+,0-<8,A/,F81>U K<=00<88,0,<=7A61F810! J:617=OA1,=9-<F1/F-9AF1X+F1=+=0>AA1,+=, =99,+A/=7<A0<A-8<,,8,+AX8OO61F0,Y=<,U!;<=7A61F81/=7<A0<A-8<, ,8,+AY=<,U/8OOF,,AA=,,+A0=OA8<K=1F0=,F81=99ALA9 .F,+06-A<LF0F81 >U6--A<9ALA9,<=7A61F81081,+A0F7A! W8.ALA< ,+F0-<F1/F-9A+=0>AA1 +=<7,8FO-9AOA1,0F1/A,+AA/818OF/,<=10:8<O=,F81! Z1-6>9F/A1,A<-<F0A0 ,+AY=<,U+A=7F08:,A1=908,+A,8-AaA/6,FLA! J0=<A069, ,<=7A61F81/=7<A0<A-8<,,8,+AO=1=KAOA1,<=,+A<,+=1,+A -=<,U/8OOF,,AA! @80,-<FL=,A/8O-=1FA07818,+=LA=Y=<,U/+=-,A<! DLA1F:,+A<AF081A F,-9=U0=9FOF,A7<89AF1+6O=1<A086</AO=1=KAOA1, =1706-A<LF0F81!;+A-<8O8,F81 <A.=<7=17/81,<=/,<A1A.=98:,<=7A 61F81/=7<A0=<A8:,A1 7A/F7A7>U,+A O=1=KAOA1,! J0=<A069, ,<=7A 61F810=,,+AA1,A<-<F0A9ALA97A-A1781,+AO=1=KAOA1, .+F/+8>0,<6/,0 ,+AF<-<8,A/,F818:.8<VA<0l<FK+,0 <A76/F1K,+AF<A::A/,FLA1A00! # ! # T0:>81C6 U7.,=->:50 018-.14=1F768-.7:3 J,-<A0A1, ,+A<A=<A0,F9908OA9FOF,=,F810F1 X+F1=l09=>86<<A9=,A7 9AKF09=,F81 .+F/+FO-80A/810,<=F1,081,+A<A0896,F818:/899A/,FLA9=>86< 7F0-6,A0! bXbXG%-&#$'6:;",E0$0,6$,6/7#7'6:&063,?1,&&#1/0E#&'+,-":0$;-/#$ 06#P0$/063&#30$&'/0,6 40"$/ "#&#E'6/ ;",E0$0,6$ 06 /7#)'+,-" I0$;-/# Q#:0'/0,6'6: U"+0/"'/0,6)'N J<,F/9A#8:,+A )'+,-"I0$;-/#Q#:0'/0,6'6:U"+0/"'/0,6)'N 0,F-69=,A0 ,+=, $ P+A<A=9=>86<7F0-6,A=<F0A0 ,+A-=<,FA0=<A18,.F99F1K,8+=LA= /81069,=,F81 ,+A/81069,=,F81:=F908<,+A0A,,9AOA1,=K<AAOA1,F0<A=/+A7 >6, 18, -A<:8<OA7 =1=--9F/=,F81:8< OA7F=,F81 O=U>A O=7A ,8= OA7F=,F81F10,F,6,A! P+A<A,+A-=<,FA0=<A18,.F99F1K,8 OA7F=,A ,+A

*)) X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A OA7F=,F81:=F908<,+A OA7F=,F81=K<AAOA1,F0<A=/+A7>6,18,-A<:8<OA7 =1=--9F/=,F81:8<=<>F,<=,F81O=U>AO=7A,8,+A9=>86<7F0-6,A=<>F,<=,F81 /8OOF00F81! P+A<A ,+A<A F0=1 8>bA/,F81 ,8 ,+A=<>F,<=,F81=.=<7 9F,FK=,F81 O=U>AF1F,F=,A7,8=-A8-9Al0/86<,619A008,+A<.F0A0-A/F:FA7 +A<AF1! % J<,F/9A&8:,+A0=OA9=.0,=,A0,+=, $ P+A<A,+A-=<,UF1=9=>86< 7F0-6,A/810F0,08:O8<A,+=1"%9=>86<A<0 =17,+AU+=LA=b8F1,<Ah6A0, ,+AU O=U<A/8OOA17=<A-<A0A1,=,FLA ,8 -=<,F/F-=,A F1 OA7F=,F81 =<>F,<=,F818<9F,FK=,F81=/,FLF,FA0! % ;+A0A,.8=<,F/9A0F17F/=,A,+=,.+A1 ,+A<A=<A b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b8F1, 9=>86<7F0-6,A0617A<=<>F,<=,F81! K70": "#&#E'6/;",E0$0,6$06/7#)'+,-")'N J<,F/9A$)8:,+A )'+,-")'N 0,=,A0,+=, $ /=0A08:7F0-6,A0<A069,F1K:<8O ,+A/81/960F818:/899A/,FLA/81,<=/,00+=99>A+=179A7,+<86K+/81069,=,F81 >U=99,+A-=<,FA0/81/A<1A7><86K+,,8KA,+A<>U,+A9=>86<=7OF1F0,<=,FLA 7A-=<,OA1,8:=98/=9-A8-9Al0K8LA<1OA1,F:,+A0A/=0A0/=118,>A+=179A7 ,+<86K+/81069,=,F81>A,.AA1,+A-=<,FA0F1L89LA7! % J<,F/9A$) " 8:,+A N=>86< N=. 0,=,A0 ,+=, $ /=0A0 8: 7F0-6,A0<A069,F1K:<8O ,+A FO-9AOA1,=,F818:=/899A/,FLA/81,<=/,0+=99>A+=179A7=0=18<O=99=>86< 7F0-6,Ak %

5A089LF1KX899A/,FLAN=>86<IF0-6,A0F1X+F1= *)* 4,-"/7 " "#&#E'6/;",E0$0,6$06/7#)'+,-"A,6/"'1/)'N ! J<,F/9A#48:,+A )'+,-"A,6/"'1/)'N 0,=,A0 !6 Z:=1AO-98UA<><A=/+A0 ,+A/899A/,FLA/81,<=/,=17F1:<F1KA0,+A9=>86<<FK+,0=17F1,A<A0,08:,+A .8<VA<0 " ,+A9=>86<61F81 O=U7AO=17,+=,,+AAO-98UA<F1/6<9F=>F9F,U =//8<7F1K,8,+A9=.! P+A<A=1U7F0-6,A=<F0A0:<8O,+A-A<:8<O=1/A8: ,+A/899A/,FLA/81,<=/,=1718=K<AAOA1,F0<A=/+A7=:,A</81069,=,F81 " ,+A 9=>86<61F81 O=U=--9U:8<=<>F,<=,F818<><F1K=9=.06F,=//8<7F1K,8,+A 9=.! 7 bXbX<X U6'&F$0$,?/7#%-&#$'6:!",E0$0,6$,6]'6:&063 A,&&#1/0E# )'+,-"I0$;-/#$ ;+A:8998.F1K/81/960F810/=1>A7<=.1:<8O,+A<69A0=17-<8LF0F81081 +=179F1K /899A/,FLA 9=>86< 7F0-6,A0 9F0,A7=>8LA ! ,+A -<8/A76<A0 :8< +=179F1K/899A/,FLA9=>86<7F0-6,A0=<A>=0F/=99U,+A0=OA=0,+80A:8< +=179F1K8<7F1=<U9=>86<7F0-6,A0 " ,+=,F0 " OA7F=,F81 " =<>F,<=,F81=17 9F,FK=,F81!\6,,+A<A=<A,+<AA7F::A<A1/A0 ! :F<0, " =7+8/-<8/A76<A0=--9U ,8,+A=<>F,<=,F818:/899A/,FLA9=>86<7F0-6,A0 , 0A/817 " F1/=0A0<A069,F1K :<8O,+A/81/960F818:=/899A/,FLA/81,<=/, " .+A118=K<AAOA1,F0<A=/+A7 =:,A</81069,=,F81 " ,+A9=>86<=7OF1F0,<=,FLA7A-=<,OA1,8:=98/=9-A8-9Al0 K8LA<1OA1,0+=99><F1K=99-=<,FA0,8KA,+A<:8<:6<,+A</81069,=,F81 , ,+F<7 " .+A<A=1U7F0-6,A=<F0A0:<8O,+AFO-9AOA1,=,F818:,+A/899A/,FLA/81,<=/, =1718=K<AAOA1,F0<A=/+A7=:,A</81069,=,F81 " ,+A9=>86<61F81 O=U =--9U:8<=<>F,<=,F818<><F1K=9=.06F,=//8<7F1K,8,+A9=.! Z,/=1>A0AA1:<8O,+A=>8LA=1=9U0F0,+=,9=>86<9AKF09=,F81F1X+F1= ,<A=,0/899A/,FLA9=>86<7F0-6,A0>=0F/=99UF1,+A0=OA.=U=08,+A<9=>86< 7F0-6,A0! R8,A186K+=,,A1,F81F0-=F7,8,+A+=179F1K8:/899A/,FLA9=>86< 7F0-6,A018<,80-A/F=99AKF09=,F81 81/899A/,FLA9=>86<7F0-6,A0 " -80F1K 7F::F/69,FA0:8<,+A<A0896,F818:/899A/,FLA9=>86<7F0-6,A0! # ! $ ! 2CK-G.:D.,1 B73-3G7-8 A07676 ].F1K,8,+A/6<<A1,:F1=1/F=9/<F0F0 " O=1UA1,A<-<F0A0+=LA/980A78<K81A

*)! X8O-=<=,FLAZ1760,<F=95A9=,F810 ! X+F1= " E86,+H8<A==17GA<O=1U # D6<8-A >=1V<6-,! E8OA 8.1A<0=17 O=1=KA<0+=LA L=1F0+A7.F,+86, -=UF1K .8<VA<0,+AF<.=KA0! J//8<7F1K,80,=,F0,F/0 " ,+A<A.A<A)$06/+/=0A0F1 ,+A:86<,+h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cXGXGX 4,"5'/0,6,?M"'$$",,/$K"':#960,6$ ;+A:8<O=,F81 8: K<=00<88,0 ,<=7A 61F810 " A0-A/F=99U F1 -<FL=,A A1,A<-<F0A0 " 0+8697>A0,<A1K,+A1A7! J/+=1KA8:OA1,=9F,UF01AA7A7!Z1 :=/, " ,+A<A0+8697>A:86<,<=10F,F810 ! :F<0, " =,<=10F,F81:<8O,<=7F,F81=9 +8O8KA1860,<=7A61F810,87FLA<0F:FA7=17F118L=,FLA:8<O0 , 0A/817 " = ,<=10F,F81:<8O:8/60F1K81A1,A<-<F0A9ALA9,<=7A61F810,8:8/60F1K81 /960,A<,<=7A61F810 , ,+F<7 " =,<=10F,F81:<8O 0,<A00F1K,+A16O>A<8: ,<=7A61F810A0,=>9F0+A7,80,<A00F1K,+A16O>A<8:.8<VA<0/8LA<A7 , =17 :86<,+ " =,<=10F,F81:<8O,<=7A61F810=/,F1K=981A,8b8F1,A::8<,0>U-=<,U /8OOF,,AA0 " ,+AK8LA<1OA1,=17,<=7A61F810! 6 @8<A\60F1A00].1A<0561 J.=U:<8O,+AYA=<95FLA<IA9,= " .F,+;+<AA]6,0,=17F1K X+=<=/,A<F0,F/0 7 k JL=F9=>9A=, ! +,,!## ...!/A!/1 # a.Ba # K10B # K7a. # '%%*%' # '# # ,'%%*%''# 3 "$3"$)4&!0+,O9 " "" ! #3 " %'('#('%%* " 81,6,501*6?,"5'/0,6I'0&F !

5A089LF1KX899A/,FLAN=>86<IF0-6,A0F1X+F1= *)" cXGX<X*5;",E# /7# 8??#1/0E#6#$$ ,? K"':# 960,6$R!",/#1/0,6 ,? 2,"C#"%037/$ Z1,+F01A.=17+F0,8<F/A<= .AO60,AO-+=0F0A,+AA::A/,FLA1A00=0.A99 =0,+A:8<O=,F818:K<=00<88,0,<=7A61F810!;8FO-<8LAA::A/,FLA1A00 ,+A :8998.F1K OA=06<A0/=1>A,=VA1! CF<0, F118L=,F81F1,+A-<8,A/,F818:.8<VA<0l<FK+,0! 5AKF81=98< F1760,<U.F7AOA/+=1F0O0:8<<FK+,0-<8,A/,F81/8697>AA0,=>9F0+A7 06/+ =0F1760,<U.F7A.=KA>=<K=F1F1K=17/899A/,FLA/81,<=/,0 08,+=,6--A< 9ALA9,<=7A61F810/8697=006OAO8<A<A0-810F>F9F,U!\A0F7A0 =>=<K=F1F1K OA/+=1F0O.F,+,<=7A61F810=17A1,A<-<F0A081=1Ah6=9:88,F1K/8697>A /<A=,A7=17<AKF81=98<F1760,<F=9/899A/,FLA/81,<=/,0/8697>A-<8O8,A7 08,+=,/899A/,FLA/81,<=/,0/8697+=LAO8<A.AFK+,=17.F7A</8LA<=KA! EA/817 ,<=7A 61F81 /+=F<-A<0810 0+8697>A 0A9A/,A7 LF= 7F<A/, A9A/,F81! PF,+ 06/+=0U0,AO ,+A/+=F<-A<081>A/8OA0,+A,<60,AA8: ,<=7A 61F81 OAO>A<0=17 F0+A97=//861,=>9A ,8 ,+A 9=,,A<! Z: ,+A /+=F<-A<081:=F90,8 OAA,,+A OAO>A<0lAa-A/,=,F810 +A8<0+A.F99>A <AO8LA7>U=KA1A<=9OAA,F1K8<=OAA,F1K8:.8<VA<0l<A-<A0A1,=,FLA0! ;+F<7 ,+A:61/,F81F1K8:,<=7A61F8100+8697>AFO-<8LA7! P8<VF1K <69A0:8<,<=7A61F81/8OOF,,AA00+8697>A:8<O69=,A7 7F0/9806<A8:O=b8< F1:8<O=,F818<7A/F0F8100+8697>A<Ah6F<A7 =17,+A.8<V8:,<=7A61F81 0,=::0+8697>A7AO8/<=,F/=99U06-A<LF0A7! C86<,+ ,+A-<8,A/,F818:,<=7A61F810,=::! S--A<9ALA9,<=7A61F810 0+8697 -<8,A/, A1,A<-<F0A9ALA9,<=7A 61F81 0,=::F1 /=<<UF1K 86,,+AF< ,=0V0 8::A<F1K9AK=9=00F0,=1/A=17/8O-A10=,F81,8,+80A0,=::OAO>A<0 .+806::A<<A,<F>6,F81:8</=O-=FK1F1K:8<,+A -<8,A/,F81 8:.8<VA<0l <FK+,0! CF:,+ ,+A/+=F<-A<0810+F-8:=,<=7A61F810+8697>A/8OA=:699,FOA b8>!Z18<7A<,8 O=VA,<=7A61F810 O8<AA::A/,FLAF1,+A-<8,A/,F81 8: .8<VA<0l<FK+,0 ,+A /+=F<-A<081 0+8697>A=,= 7F0,=1/A:<8O ,+A A1,A<-<F0AF10,A=7 8:>AF1K=1 AO-98UAA! Z1,+F0.=U /+=F<-A<0810=, -<FL=,A/8O-=1FA0 .8697+=LA9A00F1+F>F,F810=17 O8<AF1F,F=,FLA =

*)# X8O-=<=,FLAZ1760,<F=95A9=,F810 ! X+F1= " E86,+H8<A==17GA<O=1U # D6<8-A 1A/A00=<U/817F,F81F:,<=7A61F810=<A,8-9=U,+AF<-<8-A<<89A! $ ! " ! ?-@1 B588<61:D;0-41<37:36 73 A:881G.7H1=->:50 X76K5.16 c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l<A-<A0A1,=,FLA0=17,<=10-=<A1/U 8: /8O-=1U7A/F0F810 , 8//6-=,F81=9+A=9,+=170=:A,U , =17,+AF1:F9,<=,F818: F99AK=9<FK+,0-<8,A/,F818<K=1FB=,F810=O81K.8<VA<0!;+AU0+86970-8, 9FVA9U,<FKKA<08:K<86-/81:9F/,008,+=, " F10,A=78:A0/=9=,F1K " /81:9F/,0 /=1>A<A089LA7.+A1,+AU:F<0,AOA<KA! D1,A<-<F0A9ALA9,<=7A61F810 0+8697>A,+A:F<0,,8V18.=>86,=17<A-8<,-8,A1,F=9K<86-/81:9F/,0! c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

5A089LF1KX899A/,FLAN=>86<IF0-6,A0F1X+F1= *)$ /8O-=1U " =17,8 -<8O8,A,+AA0,=>9F0+OA1,8:= 18<O=9.=KAF1/<A=0A OA/+=1F0O! S--A< 9ALA9,<=7A 61F810 0+8697 -9=U =1=/,FLA<89AF1+=179F1K /899A/,FLA9=>86<7F0-6,A0 " +A9-F1K.8<VA<0,8<A=9F0A=998<-=<,8:,+AF< 7AO=170!;+AU O60,=7+A<A,8,+<AA-<F1/F-9A0 ! :F<0, " <FK+,:69/9=FO0 O60,>A OA, , 0A/817 " <A=081=>9A/9=FO0 O60,>AF10F0,A7 6-81 , ,+F<7 " <A=081=>9A>6,619=.:69/9=FO0O60,>AKFLA16-!Z1=.8<7 " ,+A<A0+8697 >AKFLA=17,=VA! $ ! # ! B50.,10 2CK0:H1 9181H-3.=-U6-34 236.7.5.7:36 cXbXGX 4-"/7#"*5;",E#/7#]'6:&063,?A,&&#1/0E#)'+,-"I0$;-/#$ J 0-A/F=9 OA/+=1F0O:8<+=179F1K/899A/,FLA9=>86<7F0-6,A00+8697>A A0,=>9F0+A7=00881=0-800F>9A!;+AK8LA<1OA1,/86970A,6-=0-A/F=9 7A-=<,OA1,:8<,+F0O=,,A< " .F,+-<F8<F,U>AF1KKFLA1,8OA7F=,F81! cXbX<X!-60$7 K7,$#%#$;,6$0+&# ?," Q'&010,-$ 2'3# U""#'"$ '6:%-6'N'F$ PF,+ ,+A:F1=1/F=9 /<F0F0 F1:699 0.F1K " A1,A<-<F0A0=<A:=/F1K O8<A 7F::F/69,FA0=1708.=KA=<<A=<0=17<61=.=U0 O=UF1/<A=0A! Y<8,A/,FLA OA=06<A0O60,>A,=VA1=00881=0-800F>9A! J16O>A<8:Aa-A<,0-<8-80A ,+=,,+A/6<A9FA0F1,+A=77F,F818:=/<FOA617A<,+A+A=7F1K8: 6 P=KA J<<A=<0=17561=.=U0 7 ,8,+AX<FOF1=9N=.!\A:8<A,+=,=OA17OA1,F0 O=7A " +8.ALA< " ,+AE6-<AOAY<8/6<=,8<=17E6-<AOAX86<,0+8697/8OA 6-.F,+=b8F1,b67F/F=9F1,A<-<A,=,F818:,+F0O=,,A<,8FO-80A-A1=9,FA081 O=9A:=/,8<0! J P=KAJ<<A=<0=17561=.=UD=<9U P=<1F1KEU0,AO0+8697 >AA0,=>9F0+A7,81F-7=1KA<F1,+A>67! IA0-F,A9AK=9>=<<FA<0=K=F10,,+A -61F0+OA1,8::8<AFK1 8.1A<08< O=1=KA<0.+8L=1F0+.F,+86,-=UF1K .=KA0 " ALA<U=9,A<1=,FLA0+8697>AAa-98<A7,8,<=/V,+AO 78.1! N=. A1:8</AOA1,=6,+8<F,FA00+8697 7F<A/,,+AF<=,,A1,F81,8 8LA<0A=0 -=<A1, /8O-=1FA0F:,+A<AF006::F/FA1,ALF7A1/A!Z:,+A<AF0F1=7Ah6=,AALF7A1/A " F1 8<7A<18,,8 7F0<6-,08/F=90,=>F9F,U " .8<VA<0 0+8697>A=998.A7=17

*)% X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A A1/86<=KA7,8-<8,A/,,+AF<<FK+,0=17,<=7A61F8100+8697<A-<A0A1,,+AO F11AK8,F=,F810.F,+8LA<0A=0-=<A1,/8O-=1FA0! 1*8*&*,N*/ "![=1 W6F '%%& %#$#'"17,6 K7#,"0#$,?.,10'&0$/ K"':# 960,6$ N0/7 A706#$# A7'"'1/#"0$/01$ _89!'!\AFbF1K X+F1=N=>8<E8/F=9EA/6<F,UY6>9F0+F1K W860A! '!E+A1gF1hF1K '%%$ *6:-$/"0'&81,6,501$ !\AFbF1K X+F1=N=>8<E8/F=9EA/6<F,U Y6>9F0+F1K W860A! 3! R=,F81=9\6<A=68:E,=,F0,F/08:X+F1= '%%& A706')'+,"./'/0$/01'& V#'"+,,C <==d !\AFbF1K X+F1=E,=,F0,F/0Y<A00! )!X+A1 PAF '%%4 C6,6<A;<A1708:X+F1=l0Y8-69=,F81'%%#('%#% !,;-&'/0,6 %#$#'"17 &! #!`6`F=8b61=17 5A1`F=8-F1K '%%$  $ Z10,F,6,F81=9 5A9FA:>U;<=7A S1F810=0 Z9960,<=,A7>U,+A[ZX;E,<FVA A,6/#5;,"'"F2,"&:'6:.,10'&0$5 )!

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aF0,F1K 8<K=1F0=,F81 ,+ACA7A<=,F818:H8<A=1;<=7AS1F810 CH;S k;+A,+F<7 -+=0A +=0>AA1 /+=<=/,A<F0A7>U A::8<,0 ,8>6F97 6- F1760,<U 9ALA9 /899A/,FLA>=<K=F1F1K >6,=908>U=/<F0F08:<A-<A0A1,=,F8176A,8,+A<=-F7 Aa-=10F818:F<<AK69=< 18161F81F0A7AO-98UOA1,! I6<F1K,+A0A/817=17 ,+F<7-+=0A0 O80,/899A/,FLA>=<K=F1F1K=17,+60F1760,<F=97F0-6,A0+=0 >AA198/=,A7=,,+AA1,A<-<F0A9ALA9! EF1/A,+A9=,A"**%0 =-<8/A008:8<K=1F0=,F81=9,<=10:8<O=,F81+=0 >AA1K8F1K81 =O=9K=O=,F1KA1,A<-<F0A>=0A761F810F1,8F1760,<F=98< 0A/,8<=961F810!;87=U O8<A,+=1&%-A</A1,8:.8<VA<0F1,+AH8<A=1 X81:A7A<=,F818:;<=7AS1F810 HX;S =<A8<K=1F0A7F1,88//6-=,F81=9

*)' X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A 06>0A/,8<=98<F1760,<F=961F810 .+F9A,+ACA7A<=,F818:H8<A=1;<=7A S1F810 CH;S <AO=F10=1 8<K=1F0=,F81 8: O80,9UA1,A<-<F0A61F810! IA0-F,A,+A0A/+=1KA0F18<K=1F0=,F81=90,<6/,6<A /899A/,FLA>=<K=F1F1KF0 0,F99O80,9U/8176/,A7=,A1,A<-<F0A9ALA9 F1/967F1K>UO80,8:,+A1A.9U A0,=>9F0+A7F1760,<F=961F810 ,87A,A<OF1A.=KA0 .8<VF1K/817F,F810 L=<F860.8<V-9=/AF006A0 AO-98UOA1,0A/6<F,U=1761F81:=/F9F,FA0!@=1U AO-98UA<0=<A0,F99+80,F9A,8,<=7A61F810=17LA<U<A96/,=1,,8A1K=KA .F,+,+AO +8.ALA<! J0=<A069, ,+A<A9=,F810+F->A,.AA1AO-98UA<0=17 ,<=7A61F810 A0-A/F=99U:8<,+80A61F810=::F9F=,A7.F,+,+AHX;S F00,F99 81A8:7F0,<60,! P+A<A $ A1,A<-<F0A61F81F0O % <AO=F1078OF1=1,.+F/+F0 =908-<A:A<<A7>UAO-98UA<0 9=>86</81:9F/,0,=VA-9=/AF1,+A.8<V-9=/A F1 /81,<=0, ,8 O=1U PA0,A<1 /861,<FA0 .+A<A 7F0-6,A0=<A 8:,A1 ,<=10:A<<A7,8,+A0A/,8<=99ALA9=1708,=VA-9=/A86,0F7A,+A.8<V-9=/A! Z:.A,=VA,+AF1/F7A1/A8:0,<FVA0=081AF17F/=,8<8:-A=/A:69=17 0,=>9AF1760,<F=9<A9=,F810 .A/=1A=0F9U8>0A<LA,+A/U/9A08:/81:9F/,F1 H8<A=!Z1,A<O08:,+A16O>A<8:0,<FVA0=17.8<VF1K7=U0980, H8<A=1 F1760,<F=9<A9=,F810.A<A:=F<9U -A=/A:69F1,+A:F<0,+=9:8:,+A"*$%0 >A:8<A=16-06<KAF1,+A16O>A<8:0,<FVA0F1,+A0A/817+=9:8:,+A7A/=7A 0,<=F1A7<A9=,F810>A,.AA1.8<VA<0=17AO-98UA<0!@6/+0,=>F9F,U+=7 <A,6<1A7>U,+AOF7"**%0 >6,.+A1,+AJ0F=1:F1=1/F=9/<F0F0 "**& +F, .=KA0=17 AO-98UOA1, ,<=7A 61F810,<FA7 ,8 7A:A17.+=,,+AU+=7 -<ALF8609UK=F1A7=17<A08<,A7O8<A8:,A1,80,<FVA=/,F81!EF1/A,+A1 ,+A 0F,6=,F81+=0<AO=F1A7:=F<9U-A=/A=>9A! ;+A<A=<A,.8O=F1<A=0810.+U,<=7A61F810<A08<,,80,<FVA0!]1AF0 ,+A0,<6KK9A:8<<A/8K1F,F818:,+A<FK+,,8/899A/,FLA>=<K=F1F1K!;+A8,+A< F0<A9=,A7,8FO-<8LAOA1,0F1.=KA0=17.8<VF1K/817F,F810! Y<ALF8609U F1760,<F=9 7F0-6,A0 ,8= 9=<KA Aa,A1, /81/A1,<=,A7 81 ,<=7A 61F81 <A/8K1F,F81>UAO-98UA<0 =0.A99=0.=KA0=17.8<VF1K/817F,F810!EF1/A ,+AJ0F=1:F1=1/F=9/<F0F0 +8.ALA< 7F0-6,A0+=LA:8/60A7 O8<A81F006A0 8:AO-98UOA1,0A/6<F,U!;+F0F1/967A07F0-6,A081,+A<FK+,8: $ F<<AK69=< % .8<VA<0,8 61F81<A/8K1F,F81=17<A-<A0A1,=,F81 8:,+AF< AO-98UOA1, /81/A<10!

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aF0,F1K<FK+,8</81/967A7=K<AAOA1,F018, >AF1K-<8-A<9U8>0A<LA78<FO-9AOA1,A78<.+A,+A<=-=<,U,8,+A7F0-6,A

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**! X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A =998.:8<,+AAO-98UA<,8 -<A0A1,= $ :F1=98::A< .+F/+,+A 61F81F0 8>9FKA7,8-6,,8=L8,A8:,+AOAO>A<0>A:8<A/=99F1K=0,<FVA! E'C; F')*'G3"*.%6'4-F*)%3#'$+!'00#++#'$ .F! #$!'$G)#(3F*+')43#'$ Z1H8<A= >8,+F17FLF76=97F0-6,A0=17/899A/,FLA7F0-6,A0/8OA617A< ,+AO=17=,A8:,+AN=>86<5A9=,F810X8OOF00F81 N5X k;+AN5XF0 =,<F-=<,F,A-6>9F/=KA1/U=177F::A<0:<8O=9=>86</86<,!;+AN5XF0 /8O-80A7 8:<A-<A0A1,=,FLA0 8: ,<=7A 61F810 AO-98UA<0=17 K8LA<1OA1,! ;+A<AF0=R=,F81=9N=>86<5A9=,F810X8OOF00F81=17= 16O>A< 8:<AKF81=9 N=>86< 5A9=,F810 X8OOF00F810!;+A R=,F81=9 N=>86<5A9=,F810X8OOF00F810A<LA0=0=1=--A=9>87U:8<F17FLF76=9 7F0-6,A07A=9,.F,+:F<0,>U<AKF81=9N=>86<5A9=,F810X8OOF00F810!Z, +=0b6<F07F/,F81F1/899A/,FLA7F0-6,A0.+F/+K8>AU817,+A,A<<F,8<U /8LA<A7>U=<AKF81=9N=>86<5A9=,F810X8OOF00F81! N=>86< 5A9=,F810 X8OOF00F810+=LA b6<F07F/,F81 8LA< 9=>86< 7F0-6,A0.+F/+=<A/899A/,FLAF11=,6<A=1708OAF17FLF76=97F0-6,A0! Z17A=9F1K.F,+F17FLF76=97F0-6,A0 F,/=1 O=VA=7b67F/=,F810=17 <A0896,F810 F006A=--<8L=90 K<=1,<A/8K1F,F81=17=0VAO-98UA<0,8 ,=VA=1,F7F0/<FOF1=,8<U OA=06<A0F1 /=0A0<A9=,A7 ,8 ,+A N=>86< E,=17=<70J/, ,+A;<=7A S1F810=17N=>86<5A9=,F810 J7b60,OA1, J/, ,+AY<8O8,F818: P8<VA<0lY=<,F/F-=,F81=17X88-A<=,F81 J/, ;A=/+A<0l=17 Y6>9F/ EA<L=1,0l N=>86< J/,0 =17 ,+A;AO-8<=<U P8<VA<0J/,! W8.ALA< F17FLF76=97F0-6,A0/=1>A0FO69,=1A8609U -6<06A7 ,+<86K+ ,+A 8<7F1=<U /86<, 0U0,AO=17 ,+A N=>86< 5A9=,F810X8OOF00F8178A018,+=LA=O818-89U8:b6<F07F/,F818LA< F17FLF76=99=>86<7F0-6,A0! J,,+A0=OA,FOA =7A/F0F818:,+AN=>86< 5A9=,F810X8OOF00F81/=1>A/+=99A1KA7F1,+A/86<,0! J1U/+=99A1KA ,8,+A:F1=97A/F0F818:,+AR=,F81=9N=>86<5A9=,F810X8OOF00F81/=1 >A><86K+,>A:8<A ,+A=--A99=,A /86<, =--A=90 /86<, =17 06>0Ah6A1,9U ,8,+AE6-<AOAX86<,! ;+A N5X F0=908<A0-810F>9A:8< /8176/,F1K OA7F=,F81 F1 /899A/,FLA9=>86<7F0-6,A0 .+F/+=<F0A:<8O/899A/,FLA>=<K=F1F1K!

Z1760,<F=9IF0-6,A0=17IF0-6,A5A0896,F81@A/+=1F0O0F1E86,+H8<A= **" " ! "?147-.7:3 T0:G145016 @A7F=,F81F0/=<<FA786,>U,+AN=>86<5A9=,F810X8OOF00F81 0AA\8a" 81 N5X:8< 7A,=F90 81 76,FA0 k;+A X+=F<-A<081 8:,+A X8OOF00F81 18OF1=,A0=@A7F=,F81 X8OOF,,AA:<8O=O81K,+A-8898: OA7F=,8<0F1 A=/+ 8: ,+A<AKF81=9 N=>86< 5A9=,F810 X8OOF00F810!;+A@A7F=,F81 X8OOF,,AAF0/8O-80A7 8:,+<AA -A<0810 81A<A-<A0A1,=,FLA:<8O ,+A .8<VA<0 81A:<8O ,+AAO-98UA<0=1781A:<8O ,+AK8LA<1OA1, k;+A @A7F=,F81X8OOF,,AA =:,A<9F0,A1F1K,8,+A=<K6OA1,08:,+A-=<,FA0,8 ,+A7F0-6,A 7<=.06-,+A OA7F=,F81-<8-80=9=17<A/8OOA170,+=,,+A -=<,FA0=//A-,F,!Z:F,F0=//A-,A7>U>8,+-=<,FA0 ,+AOA7F=,F81-<8-80=9 >A/8OA0=1=K<AAOA1,=17F00FK1A7>U,+A/8OOF,,AA OAO>A<0=17>8,+ <A-<A0A1,=,FLA08:,+A-=<,FA0!;+A7F0-6,A,+A1A170! Z:,+A OA7F=,F81 -<8-80=9F0<AbA/,A7>U=1U8:,+A-=<,FA0F1L89LA7 =7A/9=<=,F81F0 O=7A ,+=,OA7F=,F81+=0:=F9A7! E'C8 >"*H'-1'G% I*/#%3#'$!'00#33** J:,A<=1=--9F/=,F81:8<OA7F=,F81+=0>AA1987KA7 ,+A/+=F<-A<0818: ,+AN=>86<5A9=,F810X8OOF00F81=--8F1,0,+A@A7F=,F81X8OOF,,AA 18OF1=,A0=1F1LA0,FK=,8<:<8O,+A0A/<A,=<F=,,87A=9.F,+,+A/=0A=17 :FaA0,+A7=U8:,+AOA7F=,F81 OAA,F1K!;+AF1LA0,FK=,8</81:F<O0,+A -8F1,0=,0,=VA=177<=.06-,+A<A-8<,:8<7F0/600F81>U,+A@A7F=,F81 X8OOF,,AA>U/899A/,F1K O=,A<F=90=17/8176/,F1K=1=9U0F0! ;+A@A7F=,F81 X8OOF,,AA O=U /8176/, OAA,F1K0.F,+>8,+ -=<,FA0 0A-=<=,A9U 8<,8KA,+A< ,8=0/A<,=F1,+A 7F::A<A1/A0=17,+A -800F>F9F,U8:<A089LF1K,+A7F0-6,A!Z:,+A7F0-6,A<AO=F1061<A089LA7 ,+A@A7F=,F81X8OOF,,AA7<=.06-,+AOA7F=,F81-<8-80=9=17=7LF0A0 ,+A-=<,FA0/81/A<1A7,8=//A-,F,! @,P1,6/R:

**# X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A ;+A@A7F=,F81 X8OOF,,AA O=U-6>9F/F0A,+A OA7F=,F81-<8-80=9 =17F,0<A=0810F18<7A<,8-<8O8,A=//A-,=1/A,+<86K+,+A-<A008< ><8=7/=0,OA7F=! Z:,+A OA7F=,F81-<8-80=9F0=//A-,A7 ,+A@A7F=,F81X8OOF,,AA 7<=.06-,+A OA7F=,F817A/F0F81:8<,+A-=<,FA0,8,+A7F0-6,A!;+A =//A-,A7 OA7F=,F81 7A/F0F81+=0 ,+A 0=OA A::A/,=0= /899A/,FLA =K<AAOA1,! Z:=1U8:,+A-=<,FA0,8,+A7F0-6,A<AbA/,0,+AOA7F=,F81-<8-80=9 OA7F=,F81F07A/9=<A7,8+=LA:=F9A7! Y=<,FA0,8,+A7F0-6,A=<A,+A1 :<AA,8A1K=KAF1F1760,<F=9=/,F81! H8<A=1 9=. 8::A<0= 0A/817 -=,+ :8< OA7F=,F81 08 /=99A7 $ -<FL=,A OA7F=,F81 .+F/+,=VA0-9=/A86,0F7A,+AN5X! Z:-=<,FA0,8=7F0-6,A =K<AA 8<F:=1=K<AAOA1,+=0>AA1/81/967A7-<ALF8609U=17F018.>AF1K /+=99A1KA7 61F810=17AO-98UA<0/=1/=9981=,+F<7-=<,U 8,+A<,+=1,+A N=>86< 5A9=,F810 X8OOF00F81 ,8 -<A0F7A 8LA<,+A OA7F=,F81 -<8/A00! ;+F0F0 7AAOA7 ,8+=LA ,+A 0=OA A::A/,=0 ,+A OA7F=,F81 -<8/A76<A F1L89LF1K,+AN=>86<5A9=,F810X8OOF00F81! ;=>9A3KFLA0=18LA<LFA.8:,+A86,/8OA8:OA7F=,F81>A,.AA1"*** =17'%%4!;+A;=>9A0+8.0=16O>A<8:,<A170 ;+A 16O>A< 8: /=0A0<A:A<<A7 ,8@A7F=,F81 X8OOF,,AA0:A99 >A,.AA1'%%" " %$4 =17'%%4 &3* k;+F07A/9F1AO=U>A,=VA1 =0=1F17F/=,8<,+=,AO-98UA<0=1761F810+=LA>A/8OA9A00VAA1 81<A:A<<F1K7F0-6,A0,8,+AN5X=17+=LA>A/8OAO8<A O=,6<A F1:F17F1K F1,A<1=9 /8O-<8OF0A0,+<86K+1AK8,F=,F810! ;+A16O>A<8:/=0A006//A00:699U OA7F=,A7 786>9A7.F,+F1=0+8<, 0-=1! P+F9AF1"*** 819U'#-A</A1,8:-<8-80=90:<8O@A7F=,F81 X8OOF,,AA0.A<A=//A-,A7>U,+A-=<,FA0 >U'%%4,+A=//A-,=1/A<=,A +=7b6O-A7,8#3-A</A1,!;+F0 O=U>A0AA1=0=1F17F/=,F81,+=, OA7F=,F81=0=.+89A>A/=OAO8<A=//A-,=>9A,8,+A-=<,FA0=17,+=,,+A

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a,8:F1760,<F=9<A9=,F810=,,+A.8<V-9=/A /81/A<1A7! N=>86<F10-A/,8<060A,+AF<=6,+8<F,U,8F1LA0,FK=,A9=>86<9=. LF89=,F810 A0-A/F=99U,+80A9F1VA7,8,+A7F0-6,AF1h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

**% X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A /8O-<8OF0A>A,.AA1,+A-=<,FA0! Z1,A<LA1,F81=17F1:8<O=9/81/F9F=,F81 OA7F=,F81>U9=>86<F10-A/,8<0=//861,0:8<=0FK1F:F/=1,-=<,8:,+AA::8<,0 8:,+A K8LA<1OA1,=17,+A N=>86< 5A9=,F810 X8OOF00F810! W8.ALA< OA7F=,F81,+<86K+,+AN5X-9=U0=1F1/<A=0F1K9U/A1,<=9<89AF1<A089LF1K F1760,<F=97F0-6,A0 A0-A/F=99U=0F1760,<U.F7A7F0-6,A0+=LA>A/8OAO8<A FO-8<,=1,.F,+,+AAOA<KA1/A8:F1760,<U9ALA9>=<K=F1F1K! " ! $ /0>7.0-.7:3-34 J6613.7-8 L10H7G16 . ;+A 9AKF09=,FLA -<8LF0F810 81 F1760,<F=9 7F0-6,A0 -<8LF7A <88O:8< =<>F,<=,F81F1/899A/,FLA9=>86<7F0-6,A0 ,88! W8.ALA< ,+F0F0-800F>9A 819UF:>8,+-=<,FA0=--9U:8<F, 8<F:=1AaF0,F1K/899A/,FLA=K<AAOA1,/=990 :8<F,Aa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k;+AU606=99U=<F0A86,8:,<=7A61F81=/,FLF,FA0=17=::A/,,+A 8<K=1F0=,F81=9<FK+,08:61F810! S1:=F<9=>86<-<=/,F/A0 =07A:F1A7F1,+A ;<=7AS1F810=17N=>86<5A9=,F810J7b60,OA1,J/, J<,F/9A$" <A:A<,8 AO-98UA<l0=,,AO-,0,8+F17A<,<=7A61F81=/,FLF,FA0 F1/967F1K:8<O=,F81 =17 /=O-=FK1F1K:8< 1A. OAO>A<0! Z1 7A=9F1K.F,+ 61:=F< 9=>86<

Z1760,<F=9IF0-6,A0=17IF0-6,A5A0896,F81@A/+=1F0O0F1E86,+H8<A= **& -<=/,F/A0 ,+AN=>86< 5A9=,F810X8OOF00F81+=0F7A1,F:FA7:FLA,U-A08: LF89=,F81! ;U-A" ;U-A' ;U-A3 ;U-A) ;U-A# S()*'6$*/"8.,8%(&0%:".&$&%N'(N*/ IF0OF00=98:8<7F0/<FOF1=,F81=K=F10,=.8<VA<81,+AK<86170,+=,,+A.8<VA<+=0 b8F1A7 8<F1,A17A7,8b8F1 =,<=7A61F818<,8A0,=>9F0+=,<=7A61F81 8<+=0 -A<:8<OA7=b60,F:F=>9A=/,<A9=,A7,8,+A8-A<=,F818:=,<=7A61F81! DO-98UOA1,8:=.8<VA<81,+A/817F,F81,+=,,+A.8<VA<0+869718,b8F18<0+8697 .F,+7<=.:<8O=,<=7A61F81 8<0+8697b8F1=-=<,F/69=<,<=7A61F81! 5A:60=9 8< 7A9=U 8: /899A/,FLA>=<K=F1F1K .F,+86, K887 <A=081 .F,+ <A-<A0A1,=,FLA08:=,<=7A61F818<=-A<081.+8+=0>AA1=6,+8<F0A7>U=,<=7A 61F81! DO-98UA<l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k;+A 1Aa, O80,:<Ah6A1, /8O-9=F1,0 F1L89LA ,+A AO-98UA<l0<A:60=9,8A1,A<F1,8/899A/,FLA>=<K=F1F1K8<,+AF<7A9=U8:,+A >=<K=F1F1K-<8/A00!;+A16O>A<8:=--9F/=,F810:8<=<AOA7U,861:=F<

**' X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A 9=>86<-<=/,F/A0+=0F1/<A=0A7F1<A/A1,UA=<0 <A=/+F1K=-A=VF1'%%"( '%%'!;+F0F1/<A=0AF0<A9=,A7 ,8= O8<A 7F::F/69,F1760,<F=9<A9=,F810 A1LF<81OA1,=,,+A.8<V-9=/A9ALA976A,8A/818OF/-<8>9AO0=17=.=LA 8:<A0,<6/,6<F1K!;+AF1/<A=0AF17F/=,A0,+=,AO-98UA<0+=LA>A/8OAO8<A =KK<A00FLA,8.=<70,<=7A61F810,+=1-<ALF8609U!

!",80(N'1*/"0.'(",(,7.&"$* ;+8<0,A1E/+69,A1 ! ! =->:50 918-.7:36M 23456.07-8 A:3D87G.6 -34.,1 97F,..: L.07@1 Z1760,<F=9/81:9F/,0=<A=18<O=9=17ALA1F1ALF,=>9A:A=,6<A8:9=>86<<A9=,F810! DO-98UA<0=17AO-98UAA0,A17,8+=LA7F::A<A1,LFA.081=<=1KA8:O=,,A<0 F1/967F1K,+A8<K=1F0=,F818:.8<V .8<VF1K/817F,F810 ,+A.8<V98=78<,+A h6=9F,U =17 -<876/,FLF,U 8:.8<VA<0l -A<:8<O=1/A! @8<A8LA< F1 /=-F,=9F0, A/818OFA0 ,+A<A=<A:617=OA1,=9 7F::A<A1/A0 8: F1,A<A0,<AK=<7F1K ,+A 7F0,<F>6,F818:F1/8OA! J0=9<A=7U=1=9U0A7>UH=<9@=<aF1 T'&-# !"01#'6: !",?0/ ,+A<AF0= $ /81,F168600,<6KK9A>A,.AA1/=-F,=9=179=>86< .+A<A>U $ ,+A/=-F,=9F0,/810,=1,9U,A170,8<A76/A.=KA0,8,+AF<-+U0F/=9OF1FO6O =17 ,8Aa,A17,+A.8<VF1K7=U,8F,0-+U0F/=9O=aFO6O .+F9A,+A.8<VF1K O=1 /810,=1,9U-<A00A0F1,+A8--80F,A7F<A/,F81! % ;+A+F0,8<F/=99U 7ALA98-A7F10,F,6,F8108:9=>86<<A9=,F810 06/+=0 ,<=7A61F810 9=>86<9=. /899A/,FLA=K<AAOA1,0 .8<V-9=/A<69A0=1708 81 /<A=,A=/A<,=F1<AK69=,8<U:<=OA.8<VF1.+F/+.8<VA<0=17AO-98UA<0 /=1.8<V 86,,+AF</81:9F/,0! X810F7A<F1K ,+A 0,<6/,6<=9FO>=9=1/A 8: -8.A<>A,.AA1 AO-98UA<0=17F17FLF76=9AO-98UAA0 ,+A0AF10,F,6,F810 0+8697=908A1=>9A.8<VA<0,8>=<K=F1.F,+,+AAO-98UA<081=1Ah6=9 :88,F1K! J-=<,:<8O9=>86</86<,0.+F/+7A=9O=F19U.F,+/81:9F/,0>A,.AA1 F17FLF76=9AO-98UAA0=17,+AF<AO-98UA<0 ,+A<A=<A,.8/8<AF10,<6OA1,0

*!) X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A .+F/+<AK69=,A/899A/,FLAF1760,<F=97F0-6,A0!;+A:F<0,F0,+A "037//, $/"0C# N7017 -6:#"1#"/'0610"1-5$/'61#$ '&&,N$N,"C#"$/,$/,;N,"C06 8<7A<,8 A1:8</A,+AF</9=FO0=17 ,8 -6,-<A006<A 81 ,+A AO-98UA<0! J9,+86K+0,<FVA0=<A8:,A10AA1=0=9=0,<A08<, .F,+86,=<FK+,,80,<FVA =0-8F1,A786,F1=:=O860<69F1K8:,+AGA<O=1CA7A<=9N=>86<X86<,F1"*$% $ /899A/,FLA>=<K=F1F1KF018,+F1K9A00,+=1 1,&&#1/0E#+#33063 % kC8<AO-98UAA0 =17,+AF<,<=7A61F810 ,+A<FK+,,80,<FVAF0=:617=OA1,=9-<A/817F,F81F: AO-98UA<0=<A,8LFA.,+AO=0=1Ah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a-9F/F,X81LA1,F818:,+AZ1,A<1=,F81=9 N=>86<]<K=1F0=,F81 ZN] 7A=9F1K.F,+,+A<FK+,,80,<FVA F,+=0>AA1 =::F<OA7F1,+A/=0A9=. 7ALA98-A7>U,+AZN]l0C<AA78O 8:J008/F=,F81 X8OOF,,AA,+=,06/+=<FK+,/=1>A7A76/A7:<8OZN] X81LA1,F81R8!$& 81 C<AA78O 8: J008/F=,F81=17 Y<8,A/,F81 8:,+A 5FK+,,8]<K=1F0A! C6<,+A<O8<A =<FK+,,80,<FVAF0OA1,F81A7Aa-9F/F,9UF1 J<,F/9A$8:,+A Z1,A<1=,F81=9 X8LA1=1, 81 D/818OF/ E8/F=9=17 X69,6<=9 5FK+,0 ZXDEX5 .+F/+F0=O69,F9=,A<=9,<A=,U=78-,A7>U,+AS1F,A7 R=,F810 GA1A<=9J00AO>9UF1IA/AO>A<"*44! Z1D6<8-A ,+A<FK+,,80,<FVAF0K6=<=1,AA7>U,+A"*4" D6<8-A=1 E8/F=9X+=<,A<8:,+A X861/F98: D6<8-A! Z1 J<,F/9A4 -=<=) 8:,+A X+=<,A< F,F00,=,A7,+=, $ .F,+=LFA.,8A106<F1K,+AA::A/,FLAAaA</F0A8:

X81:9F/,5A0896,F81F1D6<8-A *!* ,+A<FK+, ,8>=<K=F1 /899A/,FLA9U " ,+A Y=<,FA0 617A<,=VA ! !!! ,8 . <A/8K1F0A!!!,+A<FK+,8:.8<VA<0=17AO-98UA<0,8/899A/,FLA=/,F81F1 /=0A08:/81:9F/,08:F1,A<A0, " F1/967F1K,+A<FK+,,80,<FVA 7 !N=,A<81 " ,+A "*$*DS X+=<,A<8:,+AC617=OA1,=9E8/F=95FK+,08: P8<VA<0-<8/9=FO0 ,+=,,+A 6 <FK+,,8<A08<,,8/899A/,FLA=/,F81!!!0+=99F1/967A,+A<FK+,,8 0,<FVA 7$ Y8F1,"3 % kCF1=99U " ,+A'%%% X+=<,A<8:C617=OA1,=95FK+,08: ,+A D6<8-A=1 S1F81-8F1,086,,+=, 6 .8<VA<0=17AO-98UA<0 " 8<,+AF< <A0-A/,FLA8<K=1F0=,F810 " +=LA " F1=//8<7=1/A.F,+ X8OO61F,U9=.=17 1=,F81=99=.0=17-<=/,F/A0 " ,+A<FK+,,81AK8,F=,A=17/81/967A/899A/,FLA =K<AAOA1,0=,,+A=--<8-<F=,A9ALA90=17 " F1/=0A08:/81:9F/,08:F1,A<A0,0 " ,8,=VA/899A/,FLA=/,F81,8 7A:A17,+AF<F1,A<A0,0 " F1/967F1K 0,<FVA=/,F81 7 =6,+8<l0AO-+=0F0 .$ J<,F/9A'$ % k C6<,+A<O8<A " ,+A<FK+,,80,<FVAF0=//A-,A7>U1=,F81=99AKF09=,F81F1 =99'& OAO>A<0,=,A08:,+AD6<8-A=1 S1F81 $ ;=>9A" % kZ1"4 OAO>A< 0,=,A0 " ,+A<FK+, ,8 0,<FVA F0 Aa-9F/F,9U K6=<=1,AA7 >U ,+A 1=,F81=9 /810,F,6,F81!Z1=:6<,+A<,+<AA OAO>A<0,=,A0 " ,+A<FK+,,80,<FVAF018, Aa-9F/F,9U OA1,F81A7F1,+A/810,F,6,F81>6,F07A76/A7>U/=0A9=.:<8O ,+A/810,F,6,F81=9<FK+,8::<AA78O 8:=008/F=,F81! CF1=99U " F1AFK+,DS /861,<FA0 " ,+A<FK+,,80,<FVAF018,=/810,F,6,F81=9<FK+, " >6,F0=//A-,A7 7A:=/,8,+<86K+=><8=79AK=9FOO61F,U:8</=0A08:F1760,<F=9=/,F81!;8 06O 6" ,+A<FK+,,8 0,<FVAF0=/8<AA9AOA1,8: D6<8-A=1F1760,<F=9 <A9=,F810! 9%:0*E 92*&(?2''"/'&(Y*(,7W#*#:*&/'%'*/ Da-9F/F,9UK6=<=1,AA7 >U,+A1=,F81=9/810,F,6,F81 \69K=<F= " XU-<60 " D0,81F= " C<=1/A " G<AA/A " W61K=<U " Z,=9U " N=,LF= " NF,+6=1F= " Y89=17 " Y8<,6K=9 " 58O=1F= " E98L=VF= " E98LA1F= " E-=F1 " E.A7A1 ZO-9F/F,9UK6=<=1,AA7 >U,+A1=,F81=9/810,F,6,F81 R8/810,F,6,F81=9<FK+, " >6, =//A-,A77A:=/,8,+<86K+9AK=9 FOO61F,U:8<F1760,<F=9=/,F81 IA1O=<V " CF19=17 " GA<O=1U J60,<F= " \A9KF6O " XBA/+ " 5A-6>9F/ " Z<A9=17 " N6aAO>86<K " @=9,= " RA,+A<9=170 " SH "4/861,<FA0 3/861,<FA0$/861,<FA0 E86</A ! \=0A781eA0/+VA " '%%# " =17 P=<1A/V " '%%&!

*!! X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A # ! =1F-8 91F58-.7:36-34 916.07G.7:36 :3.,1 97F,..: L.07@1 \AU817,+A=//A-,=1/A F1-<F1/F-9A 8:,+A<FK+,,80,<FVA =99D6<8-A=1 0,=,A0+=LA O8<A8<9A00/8O-<A+A10FLA9AKF09=,F81.+F/+7A,A<OF1A0,+A -800F>F9F,FA0=17<A0,<F/,F810 .F,+<AK=<7,8,=VF1KF1760,<F=9=/,F81! Z1 O80,/861,<FA0 ,+A/81/<A,A<69A0=17-<8/A76<A0:8<0,<FVA0+=LA>AA1 7ALA98-A7>U /=0A9=. =17 819U=:A. /861,<FA0+=LA 7A,=F9A79AK=9 -<8LF0F810! Z1 08OA /861,<FA0 06/+=0 IA1O=<V 8< E.A7A1 ,+A -<8/A76<=9<69A0:8<F1760,<F=9=/,F81=<A7A,A<OF1A7 >U08 /=99A7>=0F/ /899A/,FLA=K<AAOA1,0>A,.AA1 ,+A -A=V ,<=7A 61F81=17 AO-98UA<0l 8<K=1F0=,F810! PF,+<AK=<7,8/81/<A,A7A:F1F,F8108:.+A,+A<=0,<FVAF09=.:698< 18, ,+A<A=<A0FK1F:F/=1,7F::A<A1/A0>A,.AA1,+AD6<8-A=1/861,<FA0!Z1 GA<O=1U :8< Aa=O-9A 0,<FVA0=<A=998.A7 819U F1 ,+A /81,Aa, 8: /899A/,FLA>=<K=F1F1K!],+A</861,<FA0=908=998. $,&0:'"0/F$/"0C#$ .+A<A =/A<,=F1 K<868:.8<VA<0 18,7F<A/,9UF1L89LA7F1,+A/81:9F/, ,=VA0 F1760,<F=9=/,F81F18<7A<,806--8<,/899A=K6A0.+8=<A810,<FVA! CF1=99U =:A. /861,<FA0:8<Aa=O-9A Z,=9U +=LA=981K,<=7F,F818: ;,&0/01'& $/"0C#$ .+A<A 61F810=<A=998.A7,8,=VAF1760,<F=9=/,F81=K=F10,,+A A/818OF/=17 08/F=9 -89F/U 8: ,+A K8LA<1OA1,! W8.ALA< F1 8,+A< /861,<FA0 06/+=0GA<O=1U8<,+ASH 06/+-89F,F/=90,<FVA0=<A>=11A7! ;+A O80,FO-8<,=1,<A0,<F/,F81 81 0,<FVA0F0,+A 08 /=99A7 ;#'1# ,+&03'/0,6 .+F/+ AaF0,0F1=9O80,=99 D6<8-A=1 /861,<FA0=17:8<>F70 .8<VA<0,8K8810,<FVA:8<,+A76<=,F818:=L=9F7/899A/,FLA=K<AAOA1,! ;+A<A=<A=908L=<F8601=,F81=9<AK69=,F81081,+Ah6A0,F818:.+8F0 =998.A7,8/=99=0,<FVA!Z1O80,D6<8-A=1/861,<FA0 819U,+A,<=7A61F810 +=LA,+A<FK+,,8K8810,<FVA!Z:.8<VA<0=,-9=1,9ALA98<K=1F0AF1760,<F=9 =/,F81.F,+86,,+A>=/V6-8:,+A,<=7A61F810 ,+A0A0,<FVA0=<A0AA1=0 N0&:1'/$/"0C#$ =17=<AF99AK=9!Z1/81,<=0, F1=:A. /861,<FA0 06/+=0 C<=1/A ,+A<FK+,,8 0,<FVAF0=1F17FLF76=9<FK+, 8: A=/+ AO-98UAA

X81:9F/,5A0896,F81F1D6<8-A *!" =9,+86K+ 81A.+F/++=0,8>A<A=9F0A7 /899A/,FLA9U! CF1=99U " F1 08OA /861,<FA0 " /A<,=F1K<86-08:AO-98UAA0 06/+=0/FLF90A<L=1,08<,+80AF1 ,+AOF9F,=<U=<AAa/967A7:<8O,+A<FK+,,80,<FVA=17+=LA18-800F>F9F,FA0,8 ,=VAF1760,<F=9=/,F81! Z:=,<=7A61F81.=1,0,8/=99=0,<FVA " F,606=99U+=0,8OAA,=16O>A< 8:-<8/A76<=9<Ah6F<AOA1,0! CF<0, " F, O60,KFLA=7L=1/A 18,F/A,8,+A AO-98UA<! EA/817 " >A:8<A=0,<FVAO=U0,=<, " F1 O=1UD6<8-A=1/861,<FA0 ,<=7A61F810+=LA,88<K=1F0A=0,<FVA>=998,F18<7A<,8=0V,+AF<OAO>A<0 :8<06--8<,!CF1=99U " F108OA/=0A0,<=7A61F810:F<0,+=LA,8=//A-,=b8F1, 7F0-6,A<A0896,F81-<8/A76<A=17=<A=998.A7,8/=99=0,<FVA819U.+A1,+A 9=,,A<+=0:=F9A7! $ ! P:73. X76K5.1 916:85.7:3 E,<FVA<AK69=,F810+=LA,.8>=0F/:61/,F810 ! 81,+A81A+=17 " ,+AUA1=>9A .8<VA<0,8,=VAF1760,<F=9=/,F81=17,+A<A>UKFLA,+AO=1=6,818O860 -8.A< >=0A ,8 -<8O8,A ,+AF< F1,A<A0,0 , 81 ,+A 8,+A<+=17 " 0,<FVA <AK69=,F810<A0,<F/,,+A-800F>F9F,FA0:8<9AK=9.8<V0,8--=KA0F1/A<,=F1 /F</6O0,=1/A0=17 08+A9-,8 /<A=,A 6 -A=/A:69 7 9=>86<<A9=,F810 " ,8= /810F7A<=>9AAa,A1,!@8<A8LA< " F1 8<7A<,8=L8F7 0,<FVA0 " =9O80,=99 D6<8-A=1 /861,<FA0+=LA A0,=>9F0+A7:=<<A=/+F1K -<8/A76<A0 8: /81/F9F=,F81 " OA7F=,F81=17=<>F,<=,F81! A,610&0'/0,6 7A0/<F>A0=-<8/A00F1 .+F/+,+A>=<K=F1F1K-=<,FA07<=. 81,+AAa-A<,F0A8:= 6 1A6,<=9 7 ,+F<7 -=<,U,8=00F0,1AK8,F=,F810=17:80,A</899A/,FLA=K<AAOA1,0! Q#:0'/0,6 " .+F/+F08:,A160A70U181UO8609U.F,+/81/F9F=,F81 " ,=VA0=1=77F,F81=9 0,A->U-A<OF,,F1K,+A,+F<7-=<,U,8 O=VA<A/8OOA17=,F810F18<7A<,8 <A089LA,+A/81:9F/,! CF1=99U " =<>F,<=,F81F0=O8<AF10,F,6,F81=9F0A7-<8/A00 8:OA7F=,F81F1.+F/+,+A,+F<7-=<,UO=VA0=-<8-80=9,8089LA,+A/81:9F/, .+F/+F1L89LA0= 06>0,=1,F=9 O8<=9=17 -89F,F/=9 /8OOF,OA1,=17 F0 08OA,FOA09AK=99U>F17F1K! ;+A/81/<A,A<AK69=,F81 8:b8F1, 7F0-6,A<A0896,F81 Aa+F>F,0 K<A=, L=<FA,U=O81KD6<8-A=1/861,<FA0!Z1 O80,/861,<FA0 " ,+A-<8/A76<A0:8<

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*!% X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A 3 ;+A<AF0=6,8O=,F//81/F9F=,F81>A:8<A0,<FVA0 :8<Aa=O-9A F1 /810,<6/,F81 e8F1, 7F0-6,A<A0896,F81 -<8/A76<A0 606=99U -<8981K ,+A -A=/A 8>9FK=,F81-A<F87!Z1,+AA17 >8,+-=<,FA0+=LA,87A/F7A.+A,+A<8< 18,,+AU=//A-,,+A<A069,08:=<>F,<=,F81! .N#:#6 E.A7A1+=0,.80U0,AO08:=<>F,<=,F81 .+F/+=<A<AK69=,A7AF,+A<>U 9=. 8<>U /899A/,FLA=K<AAOA1,! J0:=<=0,+A=<>F,<=,F81 0U0,AO <AK69=,A7>U 9=. F0 /81/A<1A7 =>=<K=F1F1K -=<,U .+F/+ -9=10 F1760,<F=9=/,F81 O60,KFLA18,F/A8:06/+=/,F81=,9A=0,0ALA1.8<VF1K 7=U0F1=7L=1/A,8,+AR=,F81=9@A7F=,F81]::F/A R@] k;+AR@] O=U=--8F1,OA7F=,8<0ALA1.F,+86,,+A/810A1,8:,+A-=<,FA0=17/=1 =0V,+AO,8-80,-81AF1760,<F=9=/,F81:8<6-,8")7=U0! Z1 O=1U0A/,8<0 ,+A<A=<A0-A/F=9/899A/,FLA=K<AAOA1,081b8F1, 7F0-6,A<A0896,F81.+F/+9A=LA 86,,+A 0U0,AO 8:0,=,A OA7F=,F81! J//8<7F1K,8,+A/899A/,FLA=K<AAOA1,F1,+A O=16:=/,6<F1K0A/,8<:8< "**& =991AK8,F=,F81081=1A./899A/,FLA=K<AAOA1,O60,0,=<,=,,+A 9=,A0,,+<AA O81,+0>A:8<A,+A/6<<A1,=K<AAOA1,<610 86,! Z:,+A >=<K=F1F1K-=<,FA0+=LA18,=/+FALA7=1U<A069,0=:,A<,.8 O81,+0 =1 FO-=<,F=9/+=F<0+=99F1,A<LA1AF1,+A1AK8,F=,F810!;+A9=,,A</=1=0V ,+A>=<K=F1F1K-=<,FA0,8-80,-81AF1760,<F=9=/,F81:8<6-,8")7=U0! % ! L7F37D7G-3G1:D L.07@16 73 T0-G.7G1 Z1 -<=/,F/A ,+A 60A 8: 0,<FVA0F1 7F::A<A1, D6<8-A=1 0,=,A0 Aa+F>F,0 /810F7A<=>9A7F::A<A1/A0!Z1,A<1=,F81=90,=,F0,F/0-<8LF7A7>UDS5]E;J; =17,+AZ1,A<1=,F81=9N=>86<]<K=1F0=,F81 ZN] OA=06<A,+A:<Ah6A1/U8: 0,<FVA0F1,A<O08:,+A=116=916O>A<8:7=U018,.8<VA776A,8F1760,<F=9 =/,F81 -A< " %%% AO-98UAA0! Z1 ,+A -A<F87 "**$('%%& ,+A=LA<=KA 16O>A<8:7=U0980,-A<UA=<<=1KA0:<8O"#&!3F1IA1O=<V,8%!$7=U0F1

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*"# X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A :86<0A/,F810!Z1EA/,F81" ,+A O=F1A::A/,08:,+AK98>=9:F1=1/F=9/<F0F0 81X+F1A0A.8<VA<0.F99>AF7A1,F:FA7!Z1EA/,F81' =><FA:F1,<876/,F81,8 ,+AA00A1,F=908:X+F1A0A9=>86<9=.F0-<8LF7A7! EA/,F813+FK+9FK+,0,+A :=,A8:,+A1A.9UFO-9AOA1,A7N=.81N=>86<X81,<=/,0F1,+A:=/A8:,+A K98>=9:F1=1/F=9/<F0F0! EA/,F81)/810,F,6,A0,+A/8<A8:,+A/+=-,A<=17 Aa=OF1A0,+AK8LA<1OA1,l0=,,F,67A,89=>86<9=.FO-9AOA1,=,F81!;+A /+=-,A</980A0.F,+=><FA:/81/960F81!;+A O=F1=<K6OA1,F0,+=, F1 <A0-810A,8 ,+A K98>=9:F1=1/F=9 /<F0F0 ,+A ,A17A1/U 8:,+A X+F1A0A K8LA<1OA1,F0,8,=VA=:9AaF>9A=,,F,67A,89=>86<9=.0! ;+A.8<<UF0 ,+=, =9,+86K+<A,=F1F1K b8>0F0 = L=9F7 /81/A<1 76<F1K=1 A/818OF/ 78.1,6<1 -6,,F1KA/818OF/K<8.,+=+A=78:,+A<69A8:9=. O=U18,819U A<87A9=>86<<FK+,0=17F1,A<A0,0 >6,=908<F0V/<A=,F1KALA1K<A=,A<08/F=9 61<A0,! ! ! 2CK-G.:D.,1 Y8:>-8 B73-3G7-8 A07676 :3 A,73161=->:50 ;+AA::A/,08:,+AK98>=9:F1=1/F=9/<F0F0+=LA>AA10-<A=7F1K=998LA<,+A .8<97! X8O-=<A7.F,+,+ASEJ=178,+A<7ALA98-A7/=-F,=9F0,A/818OFA0 +8.ALA< X+F1=0AAO018,,8+=LA>AA1+F,08+A=LF9U>U,+A:F1=1/F=9 ,061=OF76A,8F,0-F9A08:/=0+ +6KA 78OA0,F/ O=<VA,=17<A9=,FLA9U /980A7:F1=1/F=90U0,AO! RALA<,+A9A00 >A/=60A8:F,0+FK+7A-A17A1/A81Aa-8<,O=<VA,0=17 :8<AFK1,<=7A X+F1=F018,FOO61A,8,+AK98>=9A/818OF/LF<609A,9880A >U,+AK98>=9:F1=1/F=9/<F0F0! D/818OF/098.78.1F0ALF7A1,F1 X+F1= A0-A/F=99UF1 ,+A /8=0,=9<AKF810 06/+=0 ,+A YA=<9 5FLA< IA9,= F1 G6=1K781K X+F1=l0 O=16:=/,6<F1K=17Aa-8<,/A1,<A! J//8<7F1K,8= <A-8<,F006A7>U,+AGA1A<=9J7OF1F0,<=,F818:X60,8O0F1]/,8>A<'%%$ 3 43",8UAa-8<,A<0=>86,+=9:8:,+AF1760,<Ul0>60F1A00A0 0+6,78.1F1 '%%$ k]::F/F=90,=,F0,F/0<A9A=0A7>UG6=1K781K-<8LF1/A0+8.A7,+=,"# +,,...!/+F1=7=F9U!/8O!/1 >FB/+F1= '%%$("% '' /81,A1, ! &"3%&**!+,O!

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*"% X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A /A1,F1'%%* k@8<A8LA< ,+A 61AO-98UOA1,:FK6<A078 18,,=VAF1,8 =//861,,+80A OFK<=1,0.+8+=LA<A,6<1A7 ,8 ,+AF<+8OA,8.10=17 LF99=KA0=17=<A18,<AKF0,A<A7=061AO-98UA7! J//8<7F1K,8=:FK6<A>=0A7 81=9=<KA0/=9A06<LAU>U,+A@F1F0,<U8:JK<F/69,6<AF1A=<9U'%%*=O81K ,+A"3%OF99F81OFK<=1,.8<VA<0 =>86,"#!3-A</A1,+=7980,,+AF<b8>0F1 /F,FA0=17<A,6<1A7,8,+AF<+8OA,8.1 ,+=,F0,80=U =>86,'% OF99F81 OFK<=1,.8<VA<0.A<A9=F78::F1X+F1= kE6/+=9=<KA16O>A<8:b8>9A00 OFK<=1,0/9A=<9U<A-<A0A1,=,+<A=,,808/F=90,=>F9F,U! J0 $ I8/6OA1,R8! " 81 $ \880,F1K,+AE,=>9AIALA98-OA1,8:JK<F/69,6<A=17@=VF1KE6<A YA=0=1,0lZ1/8OA0Z1/<A=0A F006A7>U,+AXYX XA1,<=9X8OOF,,AA=17 ,+AE,=,A X861/F9F1'%%* F17F/=,A0 F,.F99>A=LA<U,86K+ UA=<:8< OFK<=1,.8<VA<0,8O=F1,=F1,+AF<F1/8OA k J0,+A K98>=9:F1=1/F=9/<F0F0 /81,F16A0 '%%*.F99.F,1A00 O8<A /81:9F/,0=17/9=0+A0 .+F/+.F99:6<,+A<,A0,,+A/=-=/F,FA08:K8LA<1OA1,0 =,=999ALA90!;+AX+F1A0AK8LA<1OA1,:=/A0=,<=7A8::>A,.AA1A/818OF/ K<8.,+=17-<8,A/,F818:9=>86<<FK+,0!Z,F0ALF7A1,,+=,,+AK8LA<1OA1, <AK=<70A/818OF/0,=>F9F0=,F81=0=O8<A<A9F=>9A8-,F81:8<08/F=90,=>F9F,U! J/+FALF1K$-A</A1,GIYK<8.,++=0>AA1=11861/A7=0,+A,8--<F8<F,U 81,+AK8LA<1OA1,=KA17=:8<'%%*! J),<F99F81U6=1 o#$4>F99F81 -9=1 +=0>AA19=61/+A7,8>880,,+A1=,F81=9A/818OU!@8<A-6>9F/Aa-A17F,6<A +=0>AA1F1LA0,A7F10A/,8<07F<A/,9U<A9=,A7,8-A8-9Al09FLA9F+8870! C8< Aa=O-9A 0-A17F1K8108/F=90A/6<F,U.F99>AF1/<A=0A7>U"$-A</A1,F1 '%%*=17=18,+A<$#%>F99F81U6=1.F99>A=998/=,A7:8<OA7F/=9=17+A=9,+ /=<A<A:8<O08LA<,+A1Aa,,+<AAUA=<0 '%%*('%"" PA1 '%%* k " ! J6613.7-86:D A,73161=->:50=-U EF1/A,+A9=61/+8: O=<VA,8<FA1,A7A/818OF/<A:8<O0=17,+A,<=10F,F81 1A.0aF1+6=1A,!/8O -89F,F/0 '%%$("' "4 /81,A1, ! "%#%**4*!+,O! +,,/1!<A6,A<0!/8O =<,F/9A F7XRX+F1=3$&*#'%%*%3%4! +,,...!/+F1=!/8O!/1 A/818OF/ 187A ! &%4%4&'!+,O!

X+F1A0AN=>86<N=.F1,+AG98>=9CF1=1/F=9X<F0F0 *"& :<8O,+A-9=11A7A/818OUF1,+A9=,A"*&%0 " X+F1=l09=>86<<AKFOA+=0 >AA1 617A<K8F1K 7<=O=,F/ /+=1KA0!;+A<A-9=/AOA1, 8: 9F:A981K AO-98UOA1,>U /81,<=/,>=0A7 AO-98UOA1, " F1 -=<,F/69=< " O=<V0= -=<=7FKO0+F:,F1X+F1=l09=>86<-89F/U $ RK8V " '%%& % kX8<<A0-817F1K9U " X+F1=l0 9=>86<<A9=,F810=17 ,+A 9=>86< 9=.<AKFOA+=LA>AA1 <A/81:FK6<A7! J9,+86K+,+A0,=,A0,F9978OF1=,A0,+A O=VF1K 8:9=>86< -89F/U " F,+=0<A76/A7F,0=7OF1F0,<=,FLAF1,A<LA1,F81F19=>86<<A9=,F810 =17+=0/8OA,8<A9U81,+A9=.,8<AK69=,A9=>86<<A9=,F810! J0=<A069, " O8<A=17 O8<A9=>86<-89F/FA0+=LA>AA1 /87F:FA7F1,89=.! PF,+,+A A1=/,OA1,8:,+AN=>86<X87A8:,+AYA8-9Al05A-6>9F/8:X+F1= $ Y5X % F1 "**) " X+F1=l09AK=99=>86<:<=OA.8<V+=0>AK61,87ALA98-!;+AUA=< '%%&.=08:-=<,F/69=<FO-8<,=1/A " .+A1,+AN=. 81 N=>86<X81,<=/,0 $ '%%& %" ,+AN=.81DO-98UOA1,Y<8O8,F81 $ '%%& % =17,+AN=. 81,+A @A7F=,F81=17J<>F,<=,F818:N=>86<IF0-6,A0 $ '%%& % .A<A-<8O69K=,A7! J<A9=,FLA9U<8>60,9=>86<9=.<AKFOA+=018.>AA1A0,=>9F0+A7F1X+F1=! ;+A>=0F/:<=OA.8<V8:X+F1A0A9=>86<9=. $ F17A0/A17F1K8<7A<8: =6,+8<F,U % /810F0,08: !$ " % ,+AX810,F,6,F818:,+AY5X $ 9=>86<<A9=,A7 =<,F/9A0 %,$ ' % 1=,F81=99=>86<9=.0 A1=/,A7>U ,+A R=,F81=9 YA8-9Al0 X81K<A00 $ RYX % =17 # 8<F,0 E,=17F1K X8OOF,,AA ,$ 3 % =7OF1F0,<=,FLA 9=>86<<AK69=,F810A1=/,A7>U,+AE,=,AX861/F9 ,$ ) % 98/=99=>86<7A/<AA0 -<8O69K=,A7>U N8/=9YA8-9Al0X81K<A00A0 , =17 $ # % =7OF1F0,<=,FLA=17 98/=99=>86<<69A0F006A7>U=1=7OF1F0,<=,FLA=KA1/U 617A<,+A E,=,A X861/F98<>U98/=9K8LA<1OA1,! X+F1=l0N=>86<X87A/8LA<006/+ O=,,A<0=0.8<VA<0l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

*"' X8O-=<=,FLAZ1760,<F=95A9=,F810 ! X+F1= " E86,+H8<A==17GA<O=1U # D6<8-A :<=OA.8<V:8<X+F1=l09=>86<<AKFOAF1,+AA<=8:O=<VA,,<=10F,F81 " ,+A ,+<AAVAU-F99=<08:,+A-80,@=89=>86<<AKFOA ,+=,F0 " ,+A9=>86</81,<=/, 0U0,AO " ,+A/899A/,FLA=K<AAOA1,0U0,AO=17,+A9=>86<7F0-6,A<A0896,F81 0U0,AO =<A 1AF,+A<<A=7F9U A1:8</A=>9A 18<:699U FO-9AOA1,A7!@8<A FO-8<,=1,9U " OFK<=1,.8<VA<0 ,+A 1A..8<VF1K /9=00 AOA<KF1K:<8O X+F1=l0,<=10F,F81:<8O=-9=11A7A/818OU,8 O=<VA,A/818OU +=LA18, <A/AFLA7A186K+-<8,A/,F81617A<,+A/6<<A1,9=>86<<AKFOA! Z1LFA. 8: ,+A0A-<8>9AO0 " :6<,+A<A::8<,0+=LA>AA1 O=7A0F1/A'%%3,80,=>F9F0A 9=>86<<A9=,F810=17FO-<8LA.8<VF1K/817F,F810! Z19F1A.F,+,+F0 " ,+A N=.81N=>86<X81,<=/,0.=07<=:,A7F1'%%& $ RK8V " '%%$ % k ;+A N=. 81 N=>86< X81,<=/,0 F0 Aa-A/,A7 ,8 -<8,A/, .8<VA<0l F1,A<A0,0=17<FK+,0 O8<AA::A/,FLA9U=17,8<AK69=,A9=>86<<A9=,F810! X8O-=<A7.F,+,+AN=>86<X87A " ,+AN=. 81N=>86<X81,<=/,0F0 O8<A 0-A/F:F/=178-A<=,F81=9F1,A<O08:F,0-<8LF0F810! DO-98UA<0.+8LF89=,A ,+AN=.=<A06>bA/,,80,<F1KA1,-A1=9,FA0!]::F/F=90F1/+=<KA8:9=>86< -89F/FA0=179=.0=17,+AF<A1:8</AOA1,=<A 617A< K<A=,A<-<A006<A,8 -A<:8<O,+AF<76,FA0617A<,+AN=.! @A=1.+F9A " ,<=7A61F810=<A=998.A7 ,8-9=U=9=<KA<<89AF1 -<8,A/,F1K .8<VA<0! E-A/F:F/=99U " ,+A N=. 81 N=>86< X81,<=/,0F0F1,A17A7 ,8 A0,=>9F0+ 08617 0,=17=<70:8<9=>86< /81,<=/,0 " ,+A60A8:,AO-8<=<U.8<VA<0=170ALA<=1/A-=U! Z, O=VA0 O=17=,8<U,+A60A8:.<F,,A1/81,<=/,0=170,<81K9U 7F0/86<=KA00+8<, :FaA7,A<O/81,<=/,0>U<Ah6F<F1KAO-98UA<0,8F006A181:FaA7/81,<=/,0,8 .8<VA<0.+8+=LA=9<A=7U/8O-9A,A7,.8:FaA7,A<O /81,<=/,0:8<,+AO! EALA<=1/A-=U0+8697>AKFLA1,8= .8<VA<.+A1=:FaA7,A<O /81,<=/, Aa-F<A0=17,+A.8<VA<F0.F99F1K,8<A1A.,+A/81,<=/,! Z18<7A<,8=00A00.+A,+A</+=1KA0+=LA>AA1 O=7A,89=>86<9=.0F1 X+F1=F1<A0-810A,8,+A/6<<A1,A/818OF/=17:F1=1/F=9/<F0F0 " ,+A9AK=9 -<8LF0F810819=>86</81,<=/,0=17 7F0OF00=9.F99>AAa=OF1A7F108OA 7A,=F9+A<A! J//8<7F1K,8,+AN=. 81N=>86<X81,<=/,0 " =.8<VA< O60, 0FK1=1F17FLF76=9.<F,,A19=>86</81,<=/,.F,++F08<+A<AO-98UA< " =17 06/+/81,<=/,0 O60,/81,=F1,+A:8998.F1K/9=60A0 !$ F % ,+AAO-98UA<l0 1=OA " <A0F7A1/A " 9AK=9<A-<A0A1,=,FLA8<O=b8<-<F1/F-=9 ,$ FF % ,+A.8<VA<l0

X+F1A0AN=>86<N=.F1,+AG98>=9CF1=1/F=9X<F0F0 *"( 1=OA " <A0F7A1/A " F7A1,F,U /=<7 16O>A< 8< 16O>A< 8:=1U 8,+A< L=9F7 F7A1,F,U/A<,F:F/=,A ,$ FFF % ,+A76<=,F818:,+A9=>86</81,<=/, ,$ FL % -9=/A =17 1=,6<A 8:.8<V ,$ L % .8<VF1K ,FOA " <A0,=17 L=/=,F81 ,$ LF % <AO61A<=,F81 ,$ LFF % 08/F=90A/6<F,U ,$ LFFF % 9=>86<-<8,A/,F81 " .8<VF1K /817F,F810=17-<8,A/,F81=K=F10,=17-<ALA1,F818:8//6-=,F81=9F1b6<U , =17 $ Fa % 8,+A< O=,,A<0,+=,0+=99>AF1/8<-8<=,A7F1,+A9=>86</81,<=/, =//8<7F1K,8<A9AL=1,9=.08<<AK69=,F810! J//8<7F1K,8 J<,F/9A3*8:,+AN=. 81N=>86<X81,<=/,0 " =.8<VA< O=U>A 7F0OF00A7F:+A 8< 0+A $ F % 78A0 18, 0=,F0:U ,+A<A/<6F,OA1, <Ah6F<AOA1,076<F1K,+A-<8>=,F81-A<F87 ,$ FF % F0F10A<F860LF89=,F818:,+A AO-98UA<l0<69A0 ,$ FFF % /=60A00ALA<A 7=O=KA,8,+AAO-98UA< 76A,8 0A<F8607A<A9F/,F818:76,U8<F1-6<06F,8:-<FL=,AK=F1 ,$ FL % A0,=>9F0+A0= 9=>86<<A9=,F810+F-.F,+ 8,+A<AO-98UA<0=,,+A0=OA,FOA.+F/+ O=U 0FK1F:F/=1,9UF1:96A1/A+F08<+A<.8<V=,,+F0A0,=>9F0+OA1,8<<A:60A0,8 ,A<OF1=,A+F08<+A<9=>86<<A9=,F81.F,+8,+A<AO-98UA<0ALA1,+86K+,+A AO-98UA<+=0-8F1,A7F,86, , 8< $ L % F006>bA/,,8/<FOF1=9-<80A/6,F81! 5AK=<7F1K/899A/,FLA<A7617=1/FA0 " J<,F/9A)" 8:,+A N=. 81 N=>86< X81,<=/,00,F-69=,A0,+=, " F1/=0A8:7F::F/69,FA0F1-<876/,F81=17>60F1A00 8-A<=,F810 " F:,+AAO-98UA<1AA70,89=U8::O8<A,+=1'%.8<VA<08< " F: ,+A<Ah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

*#) X8O-=<=,FLAZ1760,<F=95A9=,F810 ! X+F1= " E86,+H8<A==17GA<O=1U # D6<8-A $ LF % 9FOF,081.8<VF1K+86<0 $ $+86<0-A<7=U " )%+86<0-A<.AAV %, =17 $ LFF % = ,<F-=<,F,A 0,<6/,6<A 8:9=>86<<A9=,F810 $ F1/967F1K AO-98UA<0l =008/F=,F810 " ,<=7A61F810=17K8LA<1OA1, % k # ! =-U:3=->:50 A:3.0-G.6 53410 O1-HQ L71F1 ;+AN=. 81 N=>86<X81,<=/,0 " ,+A/81,<8LA<0F=99=>86<9=.F1 X+F1=l0 O=<VA,,<=10F,F81 " .=0A1=/,A7F1'%%&=17A1,A<A7F1,8:8</A81"e=16=<U '%%$!;+A<A.A<A+A=,A77A>=,A076<F1K,+A7<=:,F1K-<8/A00!EF1/AO=1U .8<VA<09=/V.<F,,A1/81,<=/,0 " 7818,<A/AFLA,+AF<.=KA081,FOA=17=<A 61:=F<9U,<=--A7F10+8<,,A<O/81,<=/,0 " ,+AX+F1A0AK8LA<1OA1,.=1,A7 ,+A N=. 81 N=>86< X81,<=/,0 ,8 -<8LF7A O8<A -<8,A/,F81 " ,+A<A>U ><F1KF1K O8<A -A=/A =17 8<7A<,8,+A.8<V-9=/A! W8.ALA< " >60F1A00 F1,A<A0,0.A<A.8<<FA7,+=,,+AN=..8697 6 8LA<-<8,A/, 7 .8<VA<0=17 O=VA9=U8::0 O8<A/8O-9Aa=17Aa-A10FLA! EF1/A,+AFO-9AOA1,=,F818: ,+AN=.:<8O,+A>AKF11F1K8:'%%$ " >60F1A00K<86-0+=LA,<FA7,8.=,A< 78.1 ,+F0 O6/+1AA7A7 AO-98UOA1, -<8,A/,F81 " 7A/9=<F1K ,+=, ,+A FO-9AOA1,=,F818:,+A N=. 81 N=>86< X81,<=/,0+=0+=<OA7.8<VA<0l F1,A<A0,0!;+AF<L8F/A0+=LA>AA1A/+8A7>U08OAA/818OF0,0=17b6<F0,0! S17A<,+AFO-=/,8:,+AK98>=9:F1=1/F=9/<F0F0 " 08OA9A=7F1KX+F1A0A A/818OF0,0+=LA -<8-80A7 060-A17F1K FO-9AOA1,=,F81 8:,+A N=. 81 N=>86<X81,<=/,081,+AK<86170,+=,F,.F99Aa=/A<>=,A61AO-98UOA1, =177=O=KA,+AF1,A<A0,08:,+A.8<VA<0! ]1A7FA+=<78--81A1,8:,+A N=.81 N=>86<X81,<=/,0F0Y<8:A008<E,A-+A1 X+A61K " = W81K H81K >=0A7A/818OF0,! WA+=0.<F,,A1 O=1U=<,F/9A0=K=F10,,+AN=.=17+=0 =00A<,A7,+=,F,0-<8O69K=,F81.=0,+A>FKKA0,OF0,=VAO=7A>U-80,@=8 X+F1A0A9A=7A<0,87=,A kJ18,+A<86,0-8VA18--81A1,F0Y<8:A008<Q+=1K PAFUF1K8: YAVF1K S1FLA<0F,U! Z1= 0-AA/+=,,+A C8<6O 8: X+F1A0A D1,<A-<A1A6<081$ CA><6=<U'%%* " Q+=1K-<8/9=FOA7,+=,,+AN=. 81 N=>86< X81,<=/,0.=0 7A,<FOA1,=9 ,8.8<VA<0l F1,A<A0,0>A/=60A F, +,,!## >98K!0F1=!/8O!/1 # B+=1K.6/+=1K!

X+F1A0AN=>86<N=.F1,+AG98>=9CF1=1/F=9X<F0F0 *#* F1/<A=0A7A1,A<-<F0A/80,0 9A=7F1K,861AO-98UOA1,! WA=7L8/=,A7,+A FOOA7F=,A=177A/F0FLA060-A10F818:,+AN=.81N=>86<X81,<=/,0 k;+A .A99V18.19=>86<A/818OF0,P=1K[FbF=1K8:X+=1KbF=1K\60F1A00E/+889 =908/=99A7:8<A1,A<-<F0A0 A0-A/F=99U0O=99=17 OA7F6O0FBA7A1,A<-<F0A0 E@D0 ,8>A<A9A=0A7:<8O,+AN=. 81 N=>86<X81,<=/,0 0F1/AF,F0 9FVA9U,8FO-80AAa/A00FLA<A0,<F/,F81081,+AF<8-A<=,F810 P=1K '%%$ k Z1 E+=1K+=F NF6 eF +818<=<U -<A0F7A1, 8: E+=1K+=F Q+81K 86 Z1,A<1=,F81=9\60F1A00E/+889 .A1,81A0,A-:6<,+A<=17=<K6A7,+=,,+A O=F1<A=081:8<,+A/6<<A1,A/818OF/78.1,6<1F1 X+F1=.=018,,+A :F1=1/F=9/<F0F0 >6,,+AN=.81N=>86<X81,<=/,0! WA/=99A7:8<,+A<=-F7 <ALF0F81 8:,+A N=. 8,+A<.F0A X+F1=l0 A/818OF/ K<8.,+ .8697>A +F17A<A7 k X<F,F/F0O08:,+AN=. 81N=>86<X81,<=/,0+=LA=908>AA1 O=7A>U 98/=9K8LA<1OA1,0!Z1G6=1K781K =7A-6,UO=U8<F1I81KK6=1/F,U ,+A O=16:=/,6<F1K+6> F1 ,+A YA=<9 5FLA< IA9,= -6>9F/9U /=99A7:8< ,+A 060-A10F818:,+A N=. 81 N=>86<X81,<=/,0! Z1 CA><6=<U'%%* =,,+A =116=90A00F818:,+AY<8LF1/F=9YA8-9Al0X81K<A00 =16O>A<8:7A-6,FA0 =908/=99A7:8<060-A10F81! DLA108OA8::F/F=90F1 W81KH81K+=LAb8F1A7 ,+A/+8<608:L8F/A0!;+AX+FA:DaA/6,FLA8:W81KH81K I81=97;0=1K 0=F7-6>9F/9U,+=, $ W81KH81KA1,A<-<F0A0.8<<U,+=, F1/8O-9UF1K.F,+ ,+A N=. 81 N=>86< X81,<=/,0 9=>86</80,0.F9906<KA :9AaF>F9F,UF1 O=1=KF1K+6O=1<A086</A0.F99>A617A<OF1A7=179=>86<7F0-6,A0.F99 =<F0A % kWA+8-A7,+=,,+A O=F19=17=6,+8<F,FA0/8697F1,<876/A<A9FA: OA=06<A0,8=77<A00,+AF006A k X8O-=<A7.F,+,+A0,<81K8--80F,F81:<8O ,+A>60F1A000A/,8<=17 =/=7AOF/A/818OF0,0 ,+A-<8-81A1,08:,+A N=. 81 N=>86< X81,<=/,0 0AAO.A=VA<! J9,+86K+ ,+A /81,<8LA<0U>A,.AA1 8--81A1,0=17 -<8-81A1,0+=0<=KA70F1/A-<8O69K=,F81 8:,+A N=. F,08--81A1,0=<A +,,>60F1A00!08+6!/8O '%%*%'%$ 1'4'"")**#!0+,O9! +,,:F1=1/A!0F1=!/8O!/1 +U '%%*%""" "#'&#&)##4"!0+,O9! 0AA+,,...!F+98!8<K WH@ '&""%$!+,O9!

*#! X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A O8<A-<8OF1A1,F1,+AO=00OA7F=!Z,0AAO0,+=,:A.-6>9F/:FK6<A0 9AK=9 Aa-A<,0 9AKF09=,8<0=17K8LA<1OA1,8::F/F=90=<A.F99F1K,80,=176-=17 0-A=VF1:=L86<8:,+AN=.!;+AX+F1A0A9AKF09=,6<AF0617A</810F7A<=>9A -<A006<A,8=OA17,+AN=.81N=>86<X81,<=/,0! C8<,61=,A9U ,+AR=,F81=9YA8-9Al0X81K<A00 X+F1=l09AKF09=,6<A +=0 Aa-<A00A7F,0=,,F,67A:F<O9U=17-6>9F/9U! J,,+A=116=90A00F818:,+A RYXF1@=</+'%%* `F1 X+61UF1K 7A-6,U7F<A/,8<8:,+A NAKF09=,FLA J::=F<0X8OOF00F818:,+ARYXE,=17F1KX8OOF,,AA 0,=,A7,+=,,+AN=. 81N=>86<X81,<=/,0.F9918,>A=OA17A7>A/=60A8:,+A/6<<A1,K98>=9 A/818OF/ 78.1,6<1! E+A ALA1 /9=FOA7 ,+=, X+F1=.F99 $ 0,<A1K,+A1 A1:8</AOA1,8:9=>86<9=.0 % ,8-<8,A/,.8<VA<0l<FK+,0! E-A=VF1K=,= -<A00/81:A<A1/A=,,+A RYX0A00F81 `F1/81/967A7,+=, $ ,+A/<F0F0+=0 18,+F1K ,8 78.F,+ ,+A N=. 7A/9=<F1K ,+=, ,+A<A=081:8<<F0F1K 61AO-98UOA1,F1 X+F1=.=0,+AK98>=9:F1=1/F=9/<F0F0 18,,+AN=. 81 N=>86<X81,<=/,0!;8<A:6,AA/818OF0,0.+8=<K6A7=K=F10,,+AN=. 81 N=>86<X81,<=/,0 `F1O=F1,=F1A7,+=,,+AN=.+=0 $ -9=UA7=-80F,FLA<89A F1 O=F1,=F1F1K0,=>9A9=>86<<A9=,F810 % =OF7,+AA/818OF/78.1,6<1=17 +=0+A9-A7,8FO-<8LA.8<VA<0l08/F=9.A9:=<A A706'I'0&F "%@=</+ '%%* k $ ! R1.U113 JG:3:C7G Y0:U.,-34=->:50 97F,.6I ;,1 Y:H103C13. l 6 /..7.541.:=->:50=-U6 J0=9<A=7U OA1,F81A7 /81:<81,A7>U ,+A K98>=9:F1=1/F=9/<F0F0 ,+A X+F1A0AK8LA<1OA1,+=0KFLA1,8-<F8<F,U,8 VAA-F1KAaF0,F1Kb8>0=17 O=F1,=F1F1K 08/F=9 0,=>F9F,U =17 O=1U:=L86<=>9A -89F/FA0 +=LA>AA1 F1,<876/A7,8=F7A1,A<-<F0A0F1,<86>9A! C8<Aa=O-9A ,+AK8LA<1OA1,+=0 =998.A7A1,A<-<F0A0,8<A76/A8<-80,-81A08/F=9F106<=1/A/81,<F>6,F81008 =0,8<A76/A,+AF<08/F=9F106<=1/A>6<7A1! X6<<A1,9U :FLA,U-A08:08/F=9 F106<=1/A 0/+AOA=<A 0,=,6,8<U F1 X+F1= 897=KA F106<=1/A 61AO-98UOA1, F106<=1/A +A=9,+ /=<A F106<=1/A .8<V<A9=,A7 F1b6<U F106<=1/A=17 O=,A<1F,UF106<=1/A!@A=06<A0=<A>AF1K,=VA1,8-<ALA1,

X+F1A0AN=>86<N=.F1,+AG98>=9CF1=1/F=9X<F0F0 *#" 9=<KA16O>A<08:-A8-9A:<8O>A/8OF1K61AO-98UA7=17=LA<,F1K9=>86< 61<A0,! C8<Aa=O-9A O=009=U8::0F1>8,+0,=,A=17-<FL=,A/8O-=1FA0=<A 18,-A<OF,,A7 :8<,+A 0=VA 8: O=F1,=F1F1K 08/F=90,=>F9F,U =1798/=9 K8LA<1OA1,0=<A >AF1K 6<KA7,8A0,=>9F0+.=KA/8O-A10=,F81:6170,8 -<8LF7A>=/V-=U:8< .8<VA<0.+80A AO-98UA<0+=LA:9A7 8< 7A/9=<A7 ,+AO0A9LA0>=1V<6-,!;8+A9-61AO-98UA7 OFK<=1,.8<VA<0 L8/=,F81=9 ,<=F1F1K-<8K<=OOA0+=LA>AA19=61/+A71=,F81.F7A! J9,+86K+ ,+A X+F1A0A 1=,F81=9=6,+8<F,FA0+=LA 18 F1,A1,F81 8: =OA17F1K8<060-A17F1K,+AN=.81N=>86<X81,<=/,0 .+F/+.=0A1=/,A7 819U<A/A1,9U=:,A<0ALA<=9UA=<08:7A>=,A=17.A9/8OA7>U.8<VA<0 ,+A<A =<AO=1U0FK10F17F/=,F1K,+=,98/=9=6,+8<F,FA0=<AAa+F>F,F1K $ :9AaF>F9F,U % =17F1/810F0,A1/U.F,+<AK=<7,8A1:8</AOA1,! Z,F0=18-A10A/<A,,+=, 08OA98/=9F,FA0+=LA 18,/8O-9A,A9UFO-9AOA1,A7 ,+A N=. 81 N=>86< X81,<=/,0!]1"%@=</+'%%* =,= -<A00/81:A<A1/A +A97=,,+A'17 0A00F818:,+A"" ,+ R=,F81=9YA8-9Al0X81K<A00 [F1 PAFOF1 @F1F0,A<8: W6O=15A086</A0=17E8/F=9EA/6<F,U .=0=0VA7,8Aa-9=F1,+A0F,6=,F81 >U=<A-8<,A<:<8O RA.0.AAV!Z1+F0<A-9U [F1=7OF,,A7,+=, / F 0 1 KA1A<=9 # FO-9AOA1,=,F81F0K887 # >6,F1,+A-<8/A008: FO-9AOA1,F1K= 1A. 9=. # 08OA /81,<=7F/,F810=17 -<8>9AO0 =<A =9.=U0 A1/861,A<A7!;+A F1,A<1=,F81=9:F1=1/F=9 /<F0F0=17 ,+A -=<,F/69=</F</6O0,=1/A08:,+A X+F1A0A<A=9A/818OU=17 X+F1A0A A1,A<-<F0A0=<A-80F1K1A. -<8>9AO0:8<,+AFO-9AOA1,=,F818:,+A N=.81N=>86<X81,<=/,0! C8<X+F1A0A.8<VA<0 F,F0K8871A.0,+=,,+ARYXF018,<A=7U,8=OA17 ,+AN=. 81N=>86<X81,<=/,0=17,8/8O-<8OF0A.8<VA<0lF1,A<A0,0=17 <FK+,0! W8.ALA< ,+F0 78A0 18, OA=1 ,+A N=..F99>AFO-9AOA1,A7 /8O-9A,A9U! I6A,8.A=V9=.A1:8</AOA1,=17,+A.A=V,<=7F,F818:,+A <69A8:9=.F1X+F1= F,F0LA<UA=0U:8<98/=9K8LA<1OA1,0=17A1,A<-<F0A0 +,,:7F!K8L!/1 $%$% -6> CIZ ! DR RA.0 Z1LA0,OA1,6-7=,A0 ,'%%*%3"" ! "%3%$)! +,O'%%*(%3(""!

*## X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A ,8/F</6OLA1,9=>86<9=.<AK69=,F810>U=7OF1F0,<=,FLA OA=10! N8/=9 K8LA<1OA1,0 O=U FO-9AOA1,= 9=. 0A9A/,FLA9U 8< ALA1 A1=/, 98/=9 =7OF1F0,<=,FLA<AK69=,F810.+F/+=<A18,/810F0,A1,.F,+ 1=,F81=99=.0! E8OA-<8LF1/F=9=6,+8<F,FA0+=LAALA1F1,<876/A7OA=06<A0,+=,617A<OF1A ,+A -<80A/6,F81 8:.<81K78F1K>U F1:96A1,F=9>60F1A00OA1! Z1 ,+A :8998.F1K06>0A/,F810 ,+AK8LA<1OA1,l0=,,F,67A,8,+AFO-9AOA1,=,F818: L=<F860=0-A/,08:9=>86<9=.F1,+A:=/A8:,+AK98>=9:F1=1/F=9/<F0F0F09=F7 86,! $ ! ! 917.10-.73F.,1 T0:.1G.7:3:D+:0@106 l 97F,.6 EF1/A,+A 810A, 8: ,+A K98>=9:F1=1/F=9 /<F0F0 ,+A X+F1A0A 1=,F81=9 =6,+8<F,FA0+=LA-<8O69K=,A70ALA<=978/6OA1,0,8<AF,A<=,A,+A-<8,A/,F81 8:.8<VA<0l<FK+,0 A0-A/F=99U,+A<FK+,,8<A/AFLA.=KA0!]1'%IA/AO>A< '%%$ ,+A GA1A<=9]::F/A8:,+AE,=,AX861/F9F006A7= R8,F/A86,9F1F1K -<=/,F/=9OA=06<A0,8>A,=VA1,8=F7OFK<=1,.8<VA<076<F1K,+AA/818OF/ /<F0F0 ,+A $ IA/AO>A<R8,F/A k;+AR8,F/A:8/60A081,+A1AA7:8<98/=9 K8LA<1OA1,0F1 OFK<=1,0l+8OA-<8LF1/A0,8-<8LF7A=00F0,=1/A 0,<A00F1K ,+A<A,<=F1F1K=17L8/=,F81=9A76/=,F818:OFK<=1,.8<VA<0 +A9-F1K,+AO ,80A,6-,+AF<8.1>60F1A00A0=17A1/86<=KF1KF1LA0,OA1,F1 1A.<6<=9 /810,<6/,F81-<8bA/,0! Z,AO-+=0F0A0,+=,<A,6<1F1K OFK<=1,00+8697>A A1,F,9A7,8 08/F=9 0A/6<F,U ,+=, ,+AF< /+F97<A1 0+8697+=LA:<AA=17 61:A,,A<A7=//A00,898/=9A76/=,F81=17,+=,,+AF<AaF0,F1K<6<=99=17<FK+,0 0+8697>A-<8,A/,A7! ]1"% CA><6=<U'%%* ,+A E,=,A X861/F9 F006A7= 18,F/A 81 $ ZO-<8LF1KAO-98UOA1,0F,6=,F81F1,+A/6<<A1,A/818OF//81,Aa, ,+A $ CA><6=<U R8,F/A .+F/+0,=,A7,+=, = -<F8<F,U0+8697>AKFLA1,8 A106<F1KAO-98UAA0l9AK=9<FK+,0 > AO-98UA<00+869718,<A:60A,8-=U 08/F=9F106<=1/A/81,<F>6,F810=0981K=0=1AO-98UOA1,<A9=,F810+F-0,F99 AaF0,0=17 / 98/=99=>86<8::F/F=900+8697 O81F,8<06/+/8O-=1FA0,8 A106<A,+=, AO-98UA<0 78 18,:9AA 8< 7A9=U -=UF1K .=KA0=17 08/F=9 F106<=1/A/81,<F>6,F810!

X+F1A0AN=>86<N=.F1,+AG98>=9CF1=1/F=9X<F0F0 *#$ $ ! " Y5-0-3.1173F+-F1 T-Q C13.6.:+:0@106 ;8A106<A,+=,9=F78::.8<VA<0<A/AFLA/8O-A10=,F81 ,+A<A>U-<ALA1,F1K 9=>86<61<A0, F0>A/8OF1K= O=b8</81/A<1 8:,+A K8LA<1OA1,! ;+A IA/AO>A<R8,F/A6<KA798/=9K8LA<1OA1,0,8A0,=>9F0+OA/+=1F0O0 06/+=0 .=KA=<<A=<0/81,F1KA1/U:6170 ,8 K6=<=1,AA,+A-<8O-,-=UOA1,8: .=KA0!@=1U /F,FA0 06/+=0 I81KK6=1=17 E+A1B+A1F1 G6=1K781K -<8LF1/A +=LA=9<A=7U A0,=>9F0+A706/+:6170! C<8O e61A,8]/,8>A< '%%$ ,+AE+A1B+A1K8LA<1OA1,-=F7"% OF99F81U6=1F1.=KA=<<A=<0,8 b8>9A00.8<VA<0 k W8.ALA< 76A,8,+A9=<KA16O>A<8::=/,8<U/9806<A0 F,F018,A=0U :8<98/=9K8LA<1OA1,0,8-=U>=/V.=KA0,8.8<VA<081>A+=9:8:,+AF< AO-98UA<0! Z1:=/, ,+AU+=LA 819U>AA1=>9A =,>A0, ,8 -<8LF7A ,AO-8<=<U<A9FA:,89=F78::.8<VA<0! $ ! # A50>73F A:881G.7H1 X76C766-86 J0X+F1=9=/V0=<8>60,08/F=90=:A,U1A,,87A=9.F,+,+A9=<KA16O>A<8: b8>9A00.8<VA<0 ,+AX+F1A0AK8LA<1OA1,+=0,=VA1 OA=06<A0,8-<ALA1, /899A/,FLA 7F0OF00=90! EALA<=9 98/=9=17 -<8LF1/F=9 K8LA<1OA1,0 +=LA =9<A=7UF10,<6/,A7A1,A<-<F0A0,+=,,+A=6,+8<F,FA0O60,>AF1:8<OA7>A:8<A =1U O=009=U8::0 08,+=,=--<8-<F=,A OA=06<A0/=1>A,=VA1,8 A=0A -8,A1,F=961<A0,! J//8<7F1K,8,+ACA><6=<UR8,F/A F:=/8O-=1U-9=10,8 9=U8::O8<A,+=1'%AO-98UAA0 8<8LA<"%-A</A1,8:,+A.8<V:8</A F1 81AK8 F, O60,06>OF,=.<F,,A1<A-8<,,8,+A98/=99=>86<=1708/F=9 0A/6<F,U7A-=<,OA1,3%7=U0F1=7L=1/A!;+F0<Ah6F<AOA1,FO-9FA0,+=,,+A K8LA<1OA1,+=0<A.<F,,A1,+A-<8LF0F8181 O=009=U8::09=F778.1>U,+A N=.81N=>86<X81,<=/,0 J<,F/9A)" =0AO-98UA<0988VF1K,87F0OF00'% -A8-9A8<"%-A</A1,8:,+AF<.8<V:8</AO60,KA,=--<8L=9:<8O,+A98/=9 +,,...!/+F1=7=F9U!/8O!/1 >FB/+F1= '%%$("% '' /81,A1, ! &"3%&**!+,O!

*#% X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A =6,+8<F,FA0! DO-98UA<0=<AA1/86<=KA7,878.+=,ALA<,+AU/=1,8=L8F7 /899A/,FLA7F0OF00=90 06/+=0<A76/F1K-=U<899 /+=1KF1K.8<VF1K+86<0 =17KFLF1K.8<VA<061-=F79A=LA! $ ! $ B011\73F.,1?737C5C+-F1 X+F1=:F<0,F1,<876/A7,+AOF1FO6O.=KA0U0,AOF1,+AOF7"**%0=17,+A OF1FO6O.=KA9ALA9F0<AK=<7A7=0= O=b8<F17F/=,8<:8<0=:AK6=<7F1K .8<VA<0l<FK+,0! EF1/AA/818OF/<A:8<O0>AK=1 X+F1A0A.8<VA<0+=LA 06::A<A7:<8O98..=KA0=0/+A=-9=>86<+=0>AA160A7=0,+A/861,<Ul0 VAU/8O-A,F,FLA=7L=1,=KA!;+AOF1FO6O.=KA9ALA9+=0>AA1F1/<A=0F1K <=-F79U 0F1/A'%%3 .+A1 ,+A $ -A8-9A/A1,A<A71A00 % -89F/U =17 $ +=<O81F86008/FA,U % /81/A-,.A<AF1F,F=,A7!Z1G6=1K781K ,+AOF1FO6O .=KA9ALA9+=0 ALA1>AA1 60A7=0=1FO-8<,=1, -89F/UF10,<6OA1,F1 6-K<=7F1KF,0A/818OF/0,<6/,6<A! PF,+,+A<F0F1K OF1FO6O.=KA=17 F1/<A=0F1K9U0,<F/,A1LF<81OA1,=9-<8,A/,F81 OA=06<A0 O=1U0O=99:F<O0 8-A<=,F1K=,,+A98.A<A178:,+A O=<VA, .F,+0O=99-<8:F,O=<KF10=17 8-A<=,F1K=,98./80, >=0A781=9=>86<F1,A10FLA=1798. -<8:F,>60F1A00 O87A9 .A<A:8</A7,8/980A8<<A98/=,AALA1>A:8<A,+A=7LA1,8:,+A K98>=9:F1=1/F=9/<F0F0! PF,+,+A:F1=1/F=9/<F0F0 ,+A<AF018.F1/<A=0F1K-<A006<A:<8O ,+A >60F1A000A/,8<,8=>89F0+,+AOF1FO6O.=KA0U0,AO! J9,+86K+=>89F,F81 F018,81,+A=KA17= ,+AX+F1A0A=6,+8<F,FA0+=LA:<8BA1,+A OF1FO6O .=KA9ALA9!]1"&R8LAO>A<'%%$ ,+A@F1F0,<U8:W6O=15A086</A0=17 E8/F=9EA/6<F,UF006A7=18,F/A7A/9=<F1K=,AO-8<=<UO8<=,8<F6O81=981K 8LA<76AOF1FO6O.=KA<F0A! $ ! % 9145G73F L:G7-8 23650-3G1 A:3.07>5.7:3 9-.16 EF1/A,+A OF7"**%0 X+F1=+=0>AA17ALA98-F1K=1AO-98UOA1,>=0A7 08/F=9F106<=1/A0U0,AO!\8,+AO-98UA<0=17AO-98UAA0=<A<Ah6F<A7,8 /81,<F>6,A ,8= 08/F=9 F106<=1/A 0/+AOA! J0 06/+ 08/F=9 F106<=1/A

X+F1A0AN=>86<N=.F1,+AG98>=9CF1=1/F=9X<F0F0 *#& /81,<F>6,F810=//861,:8<= O=b8<-<8-8<,F818:,+AF<9=>86</80,0 O=1U A1,A<-<F0A0=<A<A96/,=1,,8b8F1,+A0/+AOA08<,<U,8OF1FOF0A,+AF<08/F=9 F106<=1/A/81,<F>6,F810! C=/A7>U,+A K98>=9:F1=1/F=9/<F0F0 <A76/F1K 08/F=9F106<=1/A/81,<F>6,F810+=0>A/8OA81A8:,+AO=F1/81/A<108:,+A >60F1A000A/,8<!Z18<7A<,8+A9-98/=9:F<O0=17F17FLF76=90/8-A.F,+,+A K98>=9:F1=1/F=9/<F0F0 F1 IA/AO>A<'%%$ ,+A=6,+8<F,FA0F1\AFbF1K/F,U =11861/A7=-9=1,809=0+08/F=9F106<=1/A/81,<F>6,F81<=,A0:<8Oe=16=<U '%%*! J//8<7F1K,8,+A-9=1 ,+A61AO-98UOA1,F106<=1/A/81,<F>6,F81 <=,A:8<AO-98UA<0.F99>A<A76/A7:<8O"!#,8%!#-A</A1,=17:<8O",8 %!'-A</A1,:8<AO-98UAA0!;+A.8<VF1b6<UF106<=1/A/81,<F>6,F81<=,A .F99>A/6,:<8O%!#*,8%!)$-A</A1, k Z1 CA><6=<U'%%* F1 8<7A<,8+A9- A1,A<-<F0A0A=0A,+AF<:F1=1/F=9 >6<7A10 G6=1K781K-<8LF1/F=9K8LA<1OA1,7A/F7A7,898.A<,+AF106<=1/A /81,<F>6,F81<=,A8::86<08/F=9F106<=1/AF,AO0 18,F1/967F1K 897=KA F106<=1/A =998. /8O-=1FA0F17F::F/69,FA0,8-80,-81A,+A-=UOA1,8: 08/F=9F106<=1/A/81,<F>6,F810=17 -<8LF7A08/F=9F106<=1/A06>0F7FA0:8< /8O-=1FA0F17F::F/69,FA0 =0.A99=006>0F7FA0:8<AO-98UAA,<=F1F1K! Z1 CA><6=<U'%%* E+A1B+A1 O61F/F-=9K8LA<1OA1,7A/F7A7,806>0,=1,F=99U <A76/A,+A.8<V<A9=,A7F1b6<UF106<=1/A /8O-<A+A10FLAOA7F/=9F106<=1/A =17F1-=,FA1, OA7F/=9F106<=1/A/81,<F>6,F810-=F7>UA1,A<-<F0A0!;+F0 .F999=0,:8< 81A UA=<! E6>0Ah6A1,9U .8<V<A9=,A7 F1b6<U F106<=1/A /81,<F>6,F810.F99>A<A76/A7>U#% -A< /A1, /8O-<A+A10FLA OA7F/=9 F106<=1/A/81,<F>6,F810.F99>A<A76/A7>U'-A</A1, F1-=,FA1, OA7F/=9 F106<=1/A/81,<F>6,F810.F99>A<A76/A7>U%!3-A</A1,=17,+A OA7F/=9 F106<=1/A/81,<F>6,F810 -=F7 >U A1,A<-<F0A0:8<<6<=9.8<VA<0.F99>A 7A/<A=0A7>U'-A</A1, k P+A1=11861/F1K,+A-89F/U8:98.A<F1K08/F=9F106<=1/A/81,<F>6,F81 <=,A0 -<8LF1/F=9=1798/=9K8LA<1OA1,0/9=FOA7,+=,>8,+A1,A<-<F0A0=17 ,+AF<AO-98UAA0.8697>A1A:F,=0,+AU.8697+=LA,8-=U9A00:8<08/F=9 +,,...!/+F1=7=F9U!/8O!/1 >FB/+F1= '%%$("' '# /81,A1, ! &33*%)'!+,O! +,,/,F/+F1=!8<K L' A1 187A &'4!

*#' X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A F106<=1/A -<8K<=OOA0 ,+A<A>U /6,,F1K -<876/,F81 /80,0=17 VAA-F1K .8<VA<0F1AO-98UOA1,! W8.ALA< =:,A<,+A/6,8:,+A08/F=9F106<=1/A /81,<F>6,F81>U,+AAO-98UA<0 ,+AK8LA<1OA1,0:=F9A7,8 O=VA06<A,+=, .8<VA<0.F99<A/AFLA:F0/=9 06>0F7FA0 ,8 O=VA 6-:8< ,+A<A76/A7 /81,<F>6,F81! $ ! & 918-V73F.,1 2CK81C13.-.7:3:D.,1=-U:3=->:50 A:3.0-G.6 ]1&e=16=<U'%%* ,+AG6=1K781KY<8LF1/F=9YA8-9Al0Y<8/6<=,8<F006A7 =1]-F1F810,<A00F1K,+=, 76<F1K,+A/6<<A1,A/818OF/7F::F/69,FA0 F,0 8::F/F=900+8697AaA</F0A/=6,F81F1-<80A/6,F1K .+F,A/899=</<FOF1=90=17 A17A=L86<,8 A106<A,+=,/8O-=1FA00,=UF1>60F1A00=17,+=,18<O=9 A1,A<-<F0A-<876/,F81=177ALA98-OA1,F0K6=<=1,AA7 M-'63J7,-I'0&F &e=16=<U'%%* k;+A]-F1F810,=,A0,+=,-<80A/6,8<0 O=U/+880A18,,8 =<<A0,:=/,8<U8.1A<0 O=1=KA<0=17VAU,A/+1F/=90,=::=//60A78:/<FOA0 06/+=0 AO>ABB9AOA1,=17 /8<<6-,F81!@8<A8LA< ,+AU 0+8697 /9A=<9U A0,=>9F0+,+A:=/,0>A:8<A,=VF1K=/,F81,8:<AABA8</980A>=1V=//861,0 7F0<6-,A1,A<-<F0A98KF0,F/08<F006A0,=,AOA1,0,+=, OFK+,7=O=KA,+A <A-6,=,F818:,+AA1,A<-<F0A! RAF,+A<0+8697-<80A/6,8<0,=VA=/,F81,+=, OFK+, bA8-=<7F0A =1 A1,A<-<F0Al0 1AK8,F=,F810 81 O=b8< -<8bA/,0 8< /81,<=/,0!@A=1.+F9A ,+A]-F1F810,<A00A0,+=,-<80A/6,8<00+8697/<=/V 78.181=1U/<FOA0,+=,+=<O ,+A9AKF,FO=,AF1,A<A0,08:A1,A<-<F0A08< bA8-=<7F0A-<876/,F81! ;+AU0+8697 $ +=179A=--<8-<F=,A9U=17=//8<7F1K,8 ,+A9=. F1F,F=99U/FLF9 18. /<FOF1=9 /=0A0F1.+F/+A/818OF/7F0-6,A0 ,<FKKA< LF89A1,F1/F7A1,0 06/+=0:8</A7 7A>,<A/8LA<U VF71=--F1K 988,F1K=170881 =17A::A/,FLA9U0=:AK6=<708/F=98<7A<=170=:A,U % k;+A G6=1K781KK6F7A9F1A0.A<AFOF,=,A7>U8,+A<98/=9K8LA<1OA1,0F1=<A=0 +F,>U,+AA/818OF/78.1,6<1! Z1E+=1781K K8LA<1OA1,8::F/F=90+=LA <A-8<,A79U,897:=/,8<U8.1A<0,+=, =0981K=0,+AU7818,9=U8::9=<KA 16O>A<08:AO-98UAA0 ,+AK8LA<1OA1,.8697FK18<A8,+A<9=>86<<FK+,0

X+F1A0AN=>86<N=.F1,+AG98>=9CF1=1/F=9X<F0F0 *#( LF89=,F810 k]1) R8LAO>A<'%%$ " E+A1B+A1 O61F/F-=9 K8LA<1OA1, -6>9F0+A7=1 6<KA1,18,F/A81 6 0,=>F9F0F1Kb8>0:8< OFK<=1,.8<VA<0 7" <Ah6A0,F1K ,+=,<A9=,A7=6,+8<F,FA0 -<8LF7A 06--8<,=17 6 A=<9U F1,A<LA1,F81 7 :8<A1,A<-<F0A0.+F/+A1/861,A<,<86>9A! % ! A:3G8567:36 Z1<A0-810A,8,+AK98>=9:F1=1/F=9/<F0F0 " ,+A X+F1A0AK8LA<1OA1,+=0 KFLA1,8--<F8<F,U,8A/818OF/K<8.,+=17,8VAA-F1K=17/<A=,F1Kb8>0! J9,+86K+ ,+A 1=,F81=9=6,+8<F,FA0+=LA<AF,A<=,A7 ,+A FO-8<,=1/A 8: -<8,A/,F1K.8<VA<0l<FK+,0=17F1,A<A0,0 " =:9AaF>9A=,,F,67A+=07ALA98-A7 ,8,+AFO-9AOA1,=,F818:9=>86<9=.0! J9,+86K+,+A<A+=0>AA1188-A1 7A/9=<=,F81060-A17F1K,+AN=. 81 N=>86<X81,<=/,0 " F,0FO-9AOA1,=,F81 +=0>AA1<A9=aA7 81 ,+A>=0F0 8:=7OF1F0,<=,FLAF1,A<LA1,F81>U ,+A K8LA<1OA1,! ;+A<A=<A0FK10,+=, " F18<7A<,8 O=F1,=F1A/818OF/K<8.,+ =1708/F=90,=>F9F,U " ,+A=6,+8<F,FA0=<A18..F99F1K,8,6<1=>9F17AUA,8 <86,F1ALF89=,F8108:9=>86<9=.0=178,+A<<AK69=,F8107A0FK1A7,8-<8,A/, .8<VA<0lF1,A<A0,0! P+F9AVAA-F1Kb8>0=17 " ,+A<A:8<A " O=F1,=F1F1K08/F=9 0,=>F9F,UF0= L=9F7 /81/A<1 76<F1K=1 A/818OF/ 78.1,6<1 " F0Ah6=9F,U >A:8<A,+A9=.=:=F<-<F/A,8-=U 1 Y6,,F1KA/818OF/K<8.,+=+A=78:,+A <69A8:9=. " ,+A=6,+8<F,FA0O=U18,819UA<87A.8<VA<0l<FK+,0 " >6,=908 <F0V/<A=,F1KALA1K<A=,A<08/F=961<A0,! J,=,FOA.+A1K8LA<1OA1,0=,=99 9ALA90=<A/81/A1,<=,F1K,+AF<A::8<,0 81 A/818OF/ K<8.,+ =17+A9-F1K A1,A<-<F0A0 " ,<=7A 61F810 0+8697 0,A- 6- ,+AF<=/,FLF,FA0F1 7A:A17F1K .8<VA<0l<FK+,0=17F1,A<A0,0! X+F1A0A,<=7A61F810 " <A-<A0A1,A7>U,+A J99 X+F1= CA7A<=,F81 8:;<=7A S1F810 " -9=UA7 =9A=7F1K<89AF1 ,+A -<A-=<=,F818:,+AN=>86<X87A=17,+AN=. 81N=>86<X81,<=/,0 , ,+AU 0+8697-9=U,+A0=OAVF178:<89AF1 O81F,8<F1K,+AFO-9AOA1,=,F818: 9=>86<9=.0!],+A<.F0A " ,+A=9<A=7U 61>=9=1/A7<A9=,F810+F->A,.AA1 9=>86<=17/=-F,=9.F997A,A<F8<=,A:6<,+A< " ,+A<A>U -80F1K =,+<A=,,8 +,,!## ...!/+F1=9=.>98K!/8O # '%%* # %" # /+F1=0 3 9=>8< 3 9=.0 3 .8<<U 3 OA 3 8<!+,O9!

*$) X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A 08/F=90,=>F9F,UF1X+F1=F:,+AK98>=9:F1=1/F=9/<F0F0/81,F16A0! 1*8*&*,N*/ A706'I'0&F M-'63J7,-I'0&F RK8V HF1K961 '%%& )'+,-"!,&01F06 A706' Q'"C#/0J'/0,6'6: M&,+'&0J'/0,6 !#"$;#1/0E#$ \AFbF1K E8/F=9E/FA1/AJ/=7AOF/NF,A<=,6<AY<A00! RK8V HF1K961 '%%$ X+=1KA0F1X+F1A0AN=>86<Y89F/U=17N=>86<NAKF09=,F81F1 ,+A X81,Aa,8:@=<VA,;<=10F,F81 *6/#"6'/0,6'&)'+,-"'6: 2,"C063 A&'$$ ]0$/,"F E-<F1K R8!&3! P=1K [FbF=1K '%%$ J Y9A=,8EA,,+AEO=99=17@A7F6O 0FBA7 D1,A<-<F0A0C<AA :<8O,+AN=>86<X81,<=/,N=. K7#81,6,501Y+$#"E#" "&CA><6=<U! PA1 eF=>=8 '%%* K7#M,E#"65#6/2,"C%#;,"/ ! [A5! '%%* 81,6,501I,N6/-"6'6:*6$/'+0&0/F06 A706' K05#?,"!,&0/01'& %#?,"5 \<88VF1K0Z10,F,6,F81 J-<F9!

Z*//",/8"&!2(,%8&"# Z%:"&A"0(N(*/-.&(,?'2* 5&*%'P*$&*//(",(,'2*W3R gF=8eF=1 J0,+A/6<<A1,A/818OF//<F0F0988O09=<KA8LA<X+F1= =0,+AY=<,U=17 ,+A G8LA<1OA1,0-=<A 18 A::8<,0F1 0A/6<F1K AO-98UOA1, -A8-9A =<A 0+8/VA7>U<A-8<,0,+=,,<=7A 61F8100+8697 $ >A 81 LFKF9=1/A=K=F10, +80,F9A:8</A0F1:F9,<=,F1KOFK<=1,.8<VA<0 % NF '%%* k]1A/=1l,+A9->6, /810F7A<,+A<89A8:,<=7A61F810F1A/818OF//<F0A0!@=U>A SE9=>8< -89F/FA0 =17 OA=06<A0 ,=VA1>U SE ,<=7A 61F810 76<F1K ,+A G<A=, IA-<A00F818:,+A"*3%0/86978::A<6008OAF10FK+,! ;+A.8<0,A/818OF//<F0F0F1,+A SE,88V-9=/AF1"*'* .+A1,+A 0,8/VF17Aa 7<8--A7 3#T 81\9=/V@817=U=17 ,+A:8998.F1K 7=U ,<FKKA<F1K,+A,A1 UA=<981K G<A=, IA-<A00F81! I6<F1K,+F0-A<F87 #% OF99F81-A8-9A980,,+AF<b8>0K98>=99U /861,9A00-A8-9A>A/=OA+8OA9A00 8LA<"% %%%>60F1A00A0.A1,>=1V<6-, ,+A K98>=9F1760,<F=9 86,-6, 7<8--A7>U3&T ,8,+A9ALA9,A1UA=<0>A:8<A! P+A1C<=1V9F15880ALA9, .=00.8<1F1=0SEY<A0F7A1,F1@=</+"*33 ,+AA-F/RA. IA=9>AK=1! J-=<,:<8O O=00FLAF1,A<LA1,F81F1-6>9F/9F:A ,+AO80,/81,<8LA<0F=9 =0-A/,8:,+A RA. IA=9F0F,09=>8< -89F/UF1 :=L8< 8:,<=7A 61F810! W8.ALA< 06/+=-89F/U.8106::F/FA1,06--8<,:<8O,+A.8<VF1K/9=00!Z, J99F1:8<O=,F81 81+F0,8<F/=9ALA1,0 76<F1K ,+A G<A=, IA-<A00F81F1 ,+A SE F: 18, 8,+A<.F0A18,A7 F0h68,A7:<8O IFa81 PA/,8< '%%$ k

*$! X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A /8697>A 0=F7 ,+A 9AK=9=17 -89F/U :8617=,F810:8< A0,=>9F0+F1K SE F1760,<F=9<A9=,F810+F-=179=>8<0,=17=<70.A<A9=F7F1,+F0-A<F87 \677 '%%& -!")# k;+=1V0,8,+A/<F0F0=17,+A 5880ALA9, J7OF1F0,<=,F81 ,<=7A61F8107ALA98-A781=161-<A/A7A1,A70/=9A 7F0/8LA<A7.+A<A,+AU /8697AaA<,-89F,F/=9F1:96A1/A =.=VA1A7981K78<O=1,/9=00/810/F8601A00 =17/9=00 0,<6KK9A! DLA1,6=99U ,+A -<8,A/,F81 8: K<=00<88, .8<VA<0l <FK+,0=17F1/8OA K<8.,+ 0,FO69=,A7 ,+A A/818OU!;+A -89F,F/=9=17 F7A898KF/=99AK=/U 8: ,+A RA. IA=9F0.A99.8<,+U 8: 86<:6<,+A< 7F0/600F81! ! ! ;,1 JVK-367:3:D;0-41<37:36 Z1,+A-80, PPZ7A/=7A,+A SEA/818OUK<A.=,=161-<A/A7A1,A7-=/A! I6<F1K,+F0-A<F87,+A O=1=KAOA1,+=7,FK+,/81,<898:>60F1A00 ,<=7A61F81 OAO>A<0+F-0+<=1V .+F9A/899A/,FLA>=<K=F1F1K.=0:6<,+A<.A=VA1A7!;+A<A .=018,<=7A 61F81F1 06/+FO-8<,=1,F1760,<FA0=0 0,AA9=17=6,8O8,FLA F1760,<FA0!DLA108 ,+A.8<VF1K/9=00.81,.8VAU9AKF09=,FLA>=,,9A0617A<,+A W88LA<J7OF1F0,<=,F81!;+A"*3%61=1FO860<69F1K>U,+ASEE6-<AOAX86<, 8LA<;Aa=0 L0! RA.]<9A=10 5=F9.=U X8O-=1U:8617,+=,,+AAO-98UA<l0 =,,AO-,=,FO-80F1K=/8O-=1U61F8181.8<VA<0/810,F,6,A7F1,A<:A<A1/A.F,+ .8<VA<0l<FK+,0! ;+A R8<<F0 N=G6=<7F= J/,0FK1A7>U Y<A0F7A1, W88LA<F1 @=</+"*3'7A/9=<A7=1U $ UA998. 78K % /81,<=/, 617A<.+F/+=1AO-98UAA -<8OF0A7 18, ,8>A/8OA= OAO>A< 8:=1U 9=>8< 8<K=1FB=,F81 ,8>A 61A1:8</A=>9A =17 7A-<FLA7:A7A<=9/86<,08:b6<F07F/,F81,8F006A.A=-810 F1b61/,F810=K=F10, 8<K=1FBA79=>8<!;+A=/,.=0>=0A7 81 ,+A:8998.F1K ,+A8<A,F/=006O-,F81 =1UF17FLF76=99=>8<A<F0+A9-9A00619A00+AF0A1,F,9A7,8 8<K=1FBA=,<=7A61F81=17=--8F1,<A-<A0A1,=,FLA0,8>=<K=F181+F0>A+=9:8LA< AO-98UOA1,=179=>8</817F,F810!;+A0AF7A=0=17-<=/,F/A09A7,8,+A RA. IA=9! ;+A:F<0,9=. A1=/,A7 76<F1K 5880ALA9,l0<69A.=0 ,+A R=,F81=9 Z1760,<F=95A/8LA<U J/, .+F/+<AF,A<=,A708OA9=>8<-<8,A/,F81 OA=06<A0 F1/967A7F1,+A R8<<F0N=G6=<7F= J/, -<8OF0F1K,+=, $ AO-98UAA00+=99

NA00810:<8O N=>8<Y89F/FA076<F1K,+AG<A=,IA-<A00F81F1,+ASEJ *$" +=LA,+A<FK+,,88<K=1FBA=17>=<K=F1/899A/,FLA9U,+<86K+<A-<A0A1,=,FLA0 8:,+AF<8.1/+880F1K % =170+=99>A:<AA:<8O=1U<A0,<=F1,!\8,+9=>8< =17/=-F,=9<A0-817A7FOOA7F=,A9U ,87F::A<A1,A170 ,+86K+ AO-98UA<0 ,<UF1K,8 A0,=>9F0+ $ /8O-=1U 61F810 .+F9A ,<=7A 61F810 ,<UF1K ,8 A9FOF1=,A $ /8O-=1U61F810 % 08=0,878OF1=,A1AK8,F=,F810! S1F,A7@F1A P8<VA<08:JOA<F/= S@PJ 617A<,+A9A=7A<0+F-8:F,0-<A0F7A1,e8+1 N! NA.F0 .=0,+AO80,=/,FLA!Z,0OAO>A<0+F-06<KA7:<8O"#% %%%F1 "*3',8)%% %%%F1"*3#! J9,+86K+,+A JOA<F/=1 CA7A<=,F818:N=>8< JCN 7F71l,K<8.=0<=-F79U F,0 OAO>A<0+F-=908F1/<A=0A7>U/980A,8 &#T>A,.AA1"*33=17"*34! " ! R-67G=1F-8 B0-C1U:0@ A::0473-.73F 23456.07-8 918-.7:36 Z1 J6K60,"*33 Y<A0F7A1, 5880ALA9, A0,=>9F0+A7 ,+A:F<0, 1=,F81=9 ,<F-=<,F,AOA/+=1F0OF1+F0,8<U ,+AR=,F81=9N=>8<X8OOF,,AA /810F0,F1K 8:AO-98UA<=17,<=7A61F81<A-<A0A1,=,FLA0 /+=F<A7>UEA1=,8<58>A<,C! P=K1A< ,8 OA7F=,A /899A/,FLA>=<K=F1F1K! W8.ALA< ,+A X8OOF,,AA 9=/VA7=7OF1F0,<=,FLA-8.A<! Z1e61A"*3) ,+A X81K<A00,88V>=/V,+A -8.A<:<8O,+AAaA/6,FLA><=1/+ <A-9=/A7,+AX8OOF,,AA.F,+,+Ah6=0F b67F/F=9 R=,F81=9 Z1760,<F=9 5A9=,F810\8=<7 RN5\ k;+A\8=<7 /8O-80A78:,+<AAF1760,<F=9<A9=,F810Aa-A<, .=006--80A7,8>A1A6,<=9 >6,F1:=/,0F7A7.F,+,+A9=>8<F1 O80,/=0A0! ;+<86K+86,,+A"*3%0 ,<=7A61F810.81<A0-A/,:<8O.8<VA<0=17 -A8-9AF1 KA1A<=9>U-<8O8,F1K/899A/,FLA >=<K=F1F1K ,+A<A>U AaA<,F1K FO-8<,=1,-0U/+898KF/=9=179AK=9F1:96A1/A81.8<VA<0! IA0-F,A,+A9=,A< 81 /899=-0A 8: R=,F81=9 5A/8LA<U J7OF1F0,<=,F81 ,<=7A 61F810 .F,+ 06--8<,:<8O ,+A RN5\ .A<A0,<81KA186K+,86<KA,+A X81K<A00,8 O=VAO8<A9=.0-<8,A/,F1K9=>8<<FK+,0!]1e69U# "*3# ,+A R=,F81=9 Z1760,<F=95A9=,F810J/, P=K1A<J/, .=0-=00A7>U,+AX81K<A00!Z,0 =6,+8< EA1=,8<P=K1A< >A/=OAV18.1=0,+AC=,+A<8:SEN=>8<N=.0! ;+AJ/,/810,F,6,A0,+A>=0F/9AK=9:<=OA.8<V/88<7F1=,F1K SEF1760,<F=9 <A9=,F810=17+=0>AA1F160AALA<0F1/A! Z,0/8<A=<K6OA1,F0,+=,9=>8<

*$# X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A 7F0-6,A0=<F0A:<8O -8.A<FO>=9=1/A>A,.AA1,+AAO-98UA<=17F17FLF76=9 .8<VA<0F11AK8,F=,F81 =17,+=,,+A.=U86,F0,88<K=1FBA61F810=17 /69,FL=,A/899A/,FLA>=<K=F1F1K \677 '%%& -!")# kZ,>=<0F1,A<:A<A1/A .F,+,+A:8<O=,F818:9=>8<8<K=1FB=,F8108<.F,+/899A/,FLA>=<K=F1F1K O=VA0F, F99AK=9:8< AO-98UA<0 ,8<A:60A 1AK8,F=,F81.F,+ AO-98UAA <A-<A0A1,=,FLA0 ,806--8<, /8O-=1U61F810 8<,87F0/<FOF1=,A=K=F10, 61F81 OAO>A<0F1AO-98UOA1, =177AO=170,+=,,+ACA7A<=9K8LA<1OA1, -<8,A/,.8<VA<0l<FK+,,80,<FVA! J 1A. ,+<AA-A<081 R=,F81=9 Z1760,<F=9 5A9=,F810\8=<7.=0 A0,=>9F0+A7,8=7OF1F0,<=,A,+AJ/,!@8<A8LA< =0A<FA08:CA7A<=9X86<, <69F1K0-<8LF7A7K<A=,06--8<,,8,+ARN5\!\U,+AA178:e=16=<U"*)" ,+ARN5\+=7+=179A733 %%%9=>8<7F0-6,A0F1L89LF1K1A=<9U& %%% %%% .8<VA<0=173 "440,<FVA0F1L89LF1K)%% %%%.8<VA<0 F1=77F,F81,8,+A -<ALA1,F818:=--<8aFO=,A9U" %%%0,<FVA0F1L89LF1K'%% %%%.8<VA<0! # ! L.07@1?:H1C13.-34.,1 X1H18:KC13. :D 9-47G-8;0-41<37:36 ;+AO=00FLA0,<FVA O8LAOA1,F1,+A SEF1 OF7"*3%0=/,6=99U<A069,A7 :<8O.8<VA<0l K<FAL=1/A 76<F1K ,+A G<A=, IA-<A00F81=0.A99=0 ,+A A1/86<=KAOA1,8:,+A 5880ALA9, J7OF1F0,<=,F81! Z19=,A@=U"*3) ,+A I611><8,+A<0 >A9FALA<0F1/8OO61F0O 8<K=1FBA7=,A=O0,A<0,<FVAF1 @F11A=-89F0 .+F/+9A7,8>98870+A7!Z1E=1C<=1/F0/8 =O=<F,FOA0,<FVA ,+=,0,=<,A7F1@=UAL89LA7ALA1,6=99UF1,8=KA1A<=90,<FVA ,+A9=<KA0,8: F,0VF170F1/A"*"*!Z1EA-,AO>A<"*3) 3#% %%%/8,,81OF99.8<VA<0,88V ,+A0,<AA,,8-<8,A0,=K=F10,.=KA<A76/,F81/=60A7>U:=99F1-<876/,F81! E6>0Ah6A1,9U= OA7F=,F81>8=<7 /+=F<A7>U:8<OA< RA. W=O-0+F<A G8LA<18<e8+1 G! PF1=1,.=0A0,=>9F0+A7 .+F/+-6>9F0+A7=<A-8<,F1 :=L8<8:0,<FVA<0=17<A/8OOA17A7,+A:8<O=,F81 8:=,Aa,F9AF1760,<U F1760,<F=9<A9=,F810/8OOF,,AA! C=/A7.F,+,+AF1/<A=0F1K-8.A<8:,+A.8<VA<0=17,A<<F:FA7>U0FK10 8:<=7F/=9F1:F9,<=,F81 /=-F,=9F0,0>AK=1 ,8 0-A17+A=LF9U 81 -<FL=,A

NA00810:<8O N=>8<Y89F/FA076<F1K,+AG<A=,IA-<A00F81F1,+ASEJ *$$ 7A,A/,FLA0=170,<FVA><A=VA<0 8< F1,+AA6-+AOF0O 8:WA1<UC8<7 ,+A EA<LF/A IA-=<,OA1,!\A,.AA1 e=16=<U"*3)=17 e69U"*34 GA1A<=9 @8,8<00-A1,/980A,881AOF99F81 SE7899=<081-<FL=,A7A,A/,FLA0,8/8-A .F,+61F81FB=,F81F1,+A=6,8O8,FLAF1760,<U! J6,8O8,FLA /=-F,=9F0,0.A<A /+=99A1KA7>U ,+A X8OOF,,AA:8< Z1760,<F=9]<K=1FB=,F81 XZ] = 1A.>A99FKA<A1,:8</AF1 SE ,<=7A 61F810! 5=7F/=90+A=7A7>Ue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a=O-9A ,+A $ 0F, 78.10,<FVA % ,+AUF1LA1,A7.=0<=-F79U=78-,A7>U8,+A<K<86-0!;+AU .81:<Ah6A1, LF/,8<FA0 F1 9=>8</=-F,=9 7F0-6,A0 ,88V=/,FLA -=<,F1 A9A/,F810=17 9=>8<<A9=,A7 9AKF09=,F81 =17.A<A VAA1 81 9ALA<=KF1K K8LA<1OA1,06--8<,F1<A=9FBF1K,+AF<8.18>bA/,FLA0! ;+A,A1UA=<08:G<A=,IA-<A00F81><86K+,=>86,/+=1KA0F1SE9=>8< OF170A,! N=>8<-89F/FA0F1/967A7F1,+A RA. IA=9,+=,.A<AF1:=L8<8: ,<=7A61F810 =0.A99=0,+A<=7F/=90/+889F161F81 O8LAOA1, K=LA>F<,+ ,861-<A/A7A1,A7/9=00/810/F8601A00=O81K.8<VA<0 A0-A/F=99UF1 O=b8< F1760,<F=9/A1,A<0 =17/810Ah6A1,9U=1A.0A10A8:F7A1,F,U! N=>8<9A=7A<0 0,<A1K,+A1A7 A::8<,0 F1 ,6<1F1K 61F81 8::F/A0 F1,8 /9A=1 /+=<OF1K /8OO61F,U/A1,A<0=179AF06<A=/,FLF,U/A1,A<0 /8O-9A,A.F,+9861KA0 K=OA<88O0 >=99<88O0 <A0,=6<=1,0=179F><=<FA0 .+A<A/8+A0F81=O81K .8<VA<0/8697>A16<,6<A7,+<86K+06/+08/F=9=/,FLF,FA0=07=1/F1K /=<7 K=OA0 7F11A<0=17>AA<-=<,FA0!

*$% X8O-=<=,FLAZ1760,<F=95A9=,F810 ! X+F1= " E86,+H8<A==17GA<O=1U # D6<8-A $ ! J6.->876,73F B-70=->:0 L.-34-046 J0,+ARA. IA=97<A.,8=/980A " Y<A0F7A1,5880ALA9,F1,<876/A7,+A7<=:, C=F<N=>8<E,=17=<7J/,,8,+AX81K<A00F1@=U"*3&! EFa O81,+09=,A< " =0,+A"*3&IA-<A00F81.8<0A1A7 " +A=K=F16<KA7,+AX81K<A00,8=78-,F,! Z1e61A"*3$ " =:,A<=,8<,68607A-<A00FLA.F1,A< " -960 O87F:F/=,F81=17 0FO-9F:F/=,F818:,+A7<=:, " ,+AJ/,.=0=78-,A7! Y<A0F7A1,5880ALA9,,897 +F0-A8-9A "6 J-=<,:<8O,+AE8/F=9EA/6<F,U J/, " ,+F0OFK+,>A,+AO80, :=<<A=/+F1K " :=<0FK+,A7-<8K<=O:8<,+A>A1A:F,8:.8<VA<0ALA<=78-,A7 F1,+F08<=1U8,+A</861,<U! 7 ;+AJ/,l0-<A7A/A008<.=0,+A P=90+ WA=9AU Y6>9F/X81,<=/,0 J/, =78-,A7 F1 ,+A 9=,,A<+=9: 8:"*3# " .+F/+ -<8,A/,A7 AO-98UAA0 8: K8LA<1OA1,/81,<=/,8<0.+80A/81,<=/,0Aa/AA7A7SEI"% " %%%! C8<,+A0A AO-98UAA0 " F,A0,=>9F0+A78LA<,FOA=0+86<0.8<VA7F1Aa/A008:)%+86<0 -A<.AAV " 0A,,+A OF1FO6O.=KAAh6=9,8,+A 6 -<AL=F9F1K .=KA 7 F1=1 =<A=!;+A C=F< N=>8< E,=17=<70 J/, Aa-=17A7 ,+A -<8,A/,F81 ,8=99 AO-98UAA0 A1K=KA7 F1 F1,A<0,=,A /8OOA</A " .F,+ ,+A AaAO-,F81 8: =K<F/69,6<A " :F0+A<U=1708OA0A<LF/A0A/,8<0! R8.8<VA<.=08>9FKA7,8 .8<V " O8<A,+=1))+86<0=.AAV76<F1K,+A:F<0,UA=< $ )',+A0A/817 UA=< " =17)%,+A<A=:,A< % kDa/A-,:8<08OA0A=081=9b8>0 " ,+A<A.=0,8>A= OF1FO6O.=KA8:'#/A1,0-A<+86<:8<,+A:F<0,UA=< " ,8>AF1/<A=0A7,8 )%/A1,0.F,+F10ALA1UA=<0! E6/+=K<=76=9-<8/A00=998.A7AO-98UA<0 ,FOA:8< OF97=7b60,OA1,!;+A J/,=908-<8+F>F,A7AO-98UOA1,8:/+F97 9=>8<F1,+AO=16:=/,6<F1K-=<,8:F1,A<0,=,A/8OOA</A! ;+F0:A7A<=99=. A0,=>9F0+F1K ,+A OF1FO6O.=KA=17 O=aFO6O .8<VF1K+86<0+=7 -<8:8617FO-=/, 81 SE.=KA A=<1A<0! Z,0 O=b8< >A1A:F/F=<FA0.A<A,+80A 6161F81FBA7 " 61-<8,A/,A7.8<VA<0 " F1/967F1K .8OA1 " OF18<0=17610VF99A79=>8<! Z,F0A0,FO=,A7,+=, " ,+=1V0,8,+A J/, " =>86,3%% " %%%.8<VA<0+=7,+AF<.=KAF1/<A=0A7,8'#/A1,0 " " " 3%% " %%%.8<VA<0+=7,+AF<.8<VF1K+86<00+8<,A1A7 , 4*% " %%%.8<VA<0+=7 ,+AF<0A/817UA=<.=KAF1/<A=0A7,83%/A1,0 " =17' " 3$' " %%%.8<VA<0+=7

NA00810:<8O N=>8<Y89F/FA076<F1K,+AG<A=,IA-<A00F81F1,+ASEJ *$& ,+AF<0A/817 UA=< .8<VF1K+86<00+8<,A1A7,8)'+86<0 , ,+A"*)%)% .8<VF1K+86<-A<.AAV<A:8<O >A1A:F,A7=>86,' " %%% " %%%-A8-9A! J-=<, :<8O 6<KA1, .=< KA1A<=,A7 8<7A<0 " ,+F0/8697>A/861,A7=0,+A O80, A::A/,FLAOA=06<AF10,FO69=,F1K,+AA/818OU=17F1/<A=0F1K7AO=17!]1 CA><6=<U3 " "*)" " ,+AE6-<AOAX86<,<69A7,+=,,+AJ/,>A=-A<O=1A1, -=<,8:SEF1760,<F=9<A9=,F810+F-! % ! =166:36=1-0314 ;+A<A=<Ah6F,A08OA=--=<A1,7F::A<A1/A0>A,.AA19=>8<-89F/FA076<F1K ,+A5880ALA9, RA. IA=9=17,+80AF1 X+F1=F1,+A:=/A8:,+A/6<<A1, :F1=1/F=9/<F0F0 " ,+AO=b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l,OA1,F81=KA1/U.8<VA<0=,=99 " 9A=LF1K 06/+:9AaF>9A:8<O 8: AO-98UOA1, ,8 F,0A9:! G8LA<1OA1, -89F/FA0 -<8O69K=,A708:=<,+F0UA=<KFLA,8--<F8<F,U,8AO-98UOA1, " 9A=LF1K -A8-9A.F,+,+AFO-<A00F81,+=,=0981K=0=1A1,A<-<F0A-9A7KA0,8 6 ,<UF,0 >A0,18,,89=U8::.8<VA<0 7" F,+=0:6997F0/<A,F81,8.A=VA1.8<VA<0l <FK+,0 " 06/+=07A9=UF1K-=UOA1,F1,808/F=90A/6<F,U=//861,0 " KFLF1K61 -=F7L=/=,F810 " 7A76/,F1KA::A/,FLA.8<VF1K+86<0 " 8<ALA17A:=69,F1K81 .=KA-=UOA1,617A</A<,=F1/F</6O0,=1/A0! E8OA-A8-9A<=F0A=<F8,860 /9=O8<=>86,060-A17F1K,+AFO-9AOA1,=,F818:,+AN=>8<X81,<=/,N=. =17ALA1<AO8LF1K OF1FO6O.=KA<Ah6F<AOA1,0! Z,F018Aa=KKA<=,F81 ' E/+89=<0X=99:8<=W=9,,8N=>8<X81,<=/,N=.ZO-9AOA1,=,F81 S-81Z,0J11FLA<0=<U )" ...!0,11!// " ' # "% # '%%*!

*$' X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A ,+=,,+AFO-9AOA1,=,F818:,+A N=>8< X81,<=/,N=.=17,+AA::8<,081 -<8,A/,F1K .8<VA<0l<FK+,0 O=U/8OA,8=-<AO=,6<AA17!;+F0=6,+8< >A9FALA0,+=,.A0+8697=L8F7=1A/818OF/-89F/U,+=,F0/81/A<1A7819U .F,+>60F1A00A08<AO-98UOA1,F1 KA1A<=9 >6,18,,+A16O>A<8:b8>0 /<A=,A78<,+A-<8,A/,F818:.8<VA<0l<FK+,0! J9A0081:<8O,+ARA. IA=9 F0,+=,F,l0+=<7,8 KA16F1A9UF1/<A=0A 78OA0,F/ 7AO=17=17 0,FO69=,A A/818OF/K<8.,+.F,+86,F1/<A=0F1K.=KAF1/8OA=17 08/F=90A/6<F,U! ;+A<A:8<A F,F0:8<,+A-6<-80A8:O=F1,=F1F1K08/F=9Ah6F,U=17A/818OF/ K<8.,+,+=, .A 0,<A00 -<8,A/,F81 8:.8<VA<0l<FK+,0 76<F1K A/818OF/ /<F0A0! J 0A/8179A0081:<8O ,+A RA. IA=9F0,+=,-<=/,F/=9=17A::A/,FLA /899A/,FLA>=<K=F1F1KF0ALA1 O8<A1A/A00=<UF1A/818OF//<F0A0!;+A J99 X+F1=CA7A<=,F81 8:;<=7A S1F810lF1F,F=,A7F1 IA/AO>A<9=0,UA=<,+A $ @6,6=99U JK<AA76-81 J/,F810 F!A! /899A/,FLA 1AK8,F=,F81=17 =K<AAOA1, 8LA< VAU /+=99A1KA0 ,8 A1,A<-<F0A 8-A<=,F81=17.8<VA<0l <FK+,0! DO-98UAA00+8697+A9-,+AF<AO-98UA<0,F7A8LA<7F::F/69,,FOA0 .+F9AAO-98UA<00+8697-<8,A/,AO-98UAA0l<FK+,0! J0=<A069, +8-A:699U =1=OF/=>9A /899=>8<=,FLA AO-98UA<AO-98UAA <A9=,F810+F- /8697>A A0,=>9F0+A7!@8<A8LA< ,+AJ99X+F1=CA7A<=,F818:;<=7AS1F8100,<A00A0 ,+=,,+A/899A/,FLA>=<K=F1F1K OA/+=1F0O 0+8697>AF1,AK<=,A7F1,8,+A $ @6,6=99U JK<AA76-81 J/,F810 08 ,+=, /899A/,FLA /81,<=/,0 8< 06--9AOA1,=<U=K<AAOA1,0 ,=F98<A7 ,8 ,+A 0-A/F:F/ /817F,F810 8: ,+A A1,A<-<F0A/8697>A0FK1A7 ,+A<A>U Aa-=17F1K/8LA<=KA=17 A1+=1/F1K A::A/,FLA1A00!;+A98KF/8: J99X+F1= CA7A<=,F81 8:;<=7A S1F810.A99 F9960,<=,A0,+A 1AA7:8<+=<O81F860F1760,<F=9<A9=,F810=0.A99=0,+A -<F8<F,UKFLA1,8 $ R8N=F78::P8<VA<0 R8 P=KA5A76/,F81 % F1/899A/,FLA >=<K=F1F1K! JK6F7A9F1AF006A7>U/8O-A,A1,=6,+8<F,FA0F1CA><6=<U,+F0 UA=<=9087AO=17A7,+=,,+AK8LA<1OA1, AO-98UA<0=17AO-98UAA00+8697 =//A9A<=,A ,+A 7ALA98-OA1, 8: ,+A /899A/,FLA>=<K=F1F1K OA/+=1F0O O=VF1KF,=1F10,F,6,F81=9K6=<=1,AA:8<AO-98UAAAO-98UA</8+A0F81 <F0V 0+=<F1K=17/8OO81A::8<,0F18LA</8OF1K7F::F/69,FA0!Z,F0Aa-A/,A7,+=, >U,+A.F7A=78-,F818:,+A/899A/,FLA>=<K=F1F1KOA/+=1F0O =6,818O860

NA00810:<8O N=>8<Y89F/FA076<F1K,+AG<A=,IA-<A00F81F1,+ASEJ *$( <A=7b60,OA1,08:F1760,<F=9<A9=,F810/=1>A0,<A1K,+A1A7!;+A-8F1,+A<A F018,,8/8OA6-.F,+08OA,AO-8<=<UOA=06<A0,8/8-A.F,+,+A/6<<A1, /<F0F0 >6,,8FO-<8LAF1760,<F=9<A9=,F810! P+=,O60,=908>A-8F1,A786, F0,+=,,+A<A+=LA>AA108OA/+<81F/-<8>9AO0.F,+,<=7F,F81=9/899A/,FLA >=<K=F1F1KF1 X+F1= 06/+=0,<=7A 61F810l9=/V 8:F17A-A17A1/A=17 <A-<A0A1,=,F81 =17-A<:61/,8<U/899A/,FLA1AK8,F=,F81!;+AFO-<8LAOA1, 8LA</899A/,FLA>=<K=F1F1KF1:=/A8:,+A:F1=1/F=9/<F0F0.8697 O=F19U>A 7<FLA1>U,+AY=<,U=17,+AK8LA<1OA1,!Z1A::A/,,+A/899A/,FLA>=<K=F1F1K OA/+=1F0O 0+8697>A K6F7A7 >U ,+A Y=<,U=17 ,+A K8LA<1OA1, .+F9A A1/86<=KF1K OAO>A<-=<,F/F-=,F81 ,+A<A>U $ A178.F1K,<=7A61F810.F,+ O8<A<A086</A0=17 OA=10 % F1,.8.=U0! J,+F<79A0081F0,8,=VA=7L=1,=KA8:,+A/6<<A1,A/818OF//<F0F0,8 -<8O8,A ,+A 7ALA98-OA1,=17<A0,<6/,6<F1K 8: ,<=7A 61F810 <=F0A AO-98UAA=.=<A1A00 =17A1+=1/A,+AA/818OF/ 08/F8-89F,F/=90,=,608: ,<=7A61F810! Da-A<FA1/A0:<8O,+A RA. IA=90+8.,+=,.+A1A/818OU K<8.0=,=18<O=98<:=0,-=/A AO-98UAA0=<AO8<A9FVA9U,8F7A1,F:U.F,+ ,+AA1,A<-<F0A,+=1.F,+,+A,<=7A61F81 .+F/+=--9FA0A0-A/F=99U,8.+F,A /899=<.8<VA<0F1+FK+A170A<LF/A0A/,8<0! J1A/818OF//<F0F08<FA1,0,+A 98.A</9=00A0.+8:AA9,+A/8OO81-=F1,8.=<70/8OO818>bA/,FLA0!]1/A ,+AU=<AF1L89LA7F1=-<8K<A00FLA9=>8<O8LAOA1, ,+AU=<AO8<A9FVA9U,8 :8<O=/8OO81/9=00/810/F8601A00=17,+A<A:8<A089F7=<F,U!Z,+=--A1A7 76<F1K,+A RA. IA=9 =17.F99+=--A1,+F0,FOA!;<=7A61F8100+8697 0,<A1K,+A1,+AF<A::8<,0F1 Aa-=10F81! Z1 -=<,F/69=<,+AU 0+8697,=<KA, OFK<=1,.8<VA<0 8::A<,+AO=00F0,=1/A=17A1+=1/A,+AF<F7A1,F,U.F,+,+A .8<VF1K/9=00=17,<=7A61F810 9=UF1K=089F7:8617=,F81:8<,+A:6,6<A K<8.,+8:,<=7A61F810! J0,88<K=1FB=,F81=90,<6/,6<A ,+F0=6,+8<>A9FALA0,+=,,<=7A61F810 0+86979A=7,+AA::8<,0F1.8<VA<0l<FK+,0-<8,A/,F81 18,,+=,,+AU O60, :8998.,+A<=7F/=9=--<8=/+8:XZ]F1,+A SE >6,,+=,X+F1=.F99+=LA >=0F/=99UA0,=>9F0+A7=/8O-9A,A9=>8<9=.:<=OA.8<V 8<FA1,A7,8.=<70 O=<VA,A/818OU>U,+A"' ,+ CFLA[A=<Y9=1!\U,+=,,FOA ,+A-<F8<F,UF1 F1760,<F=9<A9=,F810.F990+F:,:<8O9=. O=VF1K,80,<F/,A1:8</AOA1,=17

*%) X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A 9=>8</=-F,=9=6,818OU! J O=b8<:8<O 8:9=>8</=-F,=9=6,818OUF0,8 A0,=>9F0+=,<=7A=17F1760,<U9ALA9/88<7F1=,F81=177F=98K6A OA/+=1F0O F17F::A<A1,KA8K<=-+F/=9<AKF810!;+A<A:8<A A::8<,00+8697>AO=7A:<8O 18.81,87ALA98-=170,=::,<=7A8<F1760,<U61F810 F1760,<UAO-98UA<0l =008/F=,F810=17 K8LA<1OA1,>=/VA7 K6F970 =//6O69=,AAa-A<FA1/A=17 /<A=,A /817F,F810:8<>6F97F1K=1 F1760,<F=9<A9=,F810 /88<7F1=,F81 OA/+=1F0OF1,+A:6,6<A!\A0F7A0 A1,A<-<F0A 78OF1=,A7>=<K=F1F1K+=0 >AA1-<8LA1,8>AO8<A-A<:61/,8<U ,+A<A:8<AF,0+8697819U>A=6aF9F=<U! J99F1=99 ,<=7A61F810O60,7AO810,<=,A,+AF</8O-A,A1/AF1<A-<A0A1,F1K .8<VA<0=17-<8,A/,F1K,+AF<<FK+,0!]19UF1,+F0.=U/=1,+AU.F1<A0-A/, :<8O,+A08/FA,UF1KA1A<=9!;+A/6<<A1,A/818OF//<F0F0F0=.F178. 8: 8--8<,61F,U:8<,<=7A61F810! J:F1=99A0081F0,8,=VA=7L=1,=KA8:,+A/6<<A1,A/818OF//<F0F0,8 <A=7b60,=17FO-<8LA1=,F81=9F1760,<F=9<A9=,F810/88<7F1=,F81 OA/+=1F0O 8<FA1,A7,8.=<70 O=<VA,A/818OU!;+AF10,F,6,F81=9:<=OA.8<V 8:,+A /81,AO-8<=<U SE F1760,<F=9<A9=,F810 /88<7F1=,F81 OA/+=1F0O.=0 A0,=>9F0+A776<F1K,+A RA. IA=9! IA0-F,A06>0Ah6A1,=7b60,OA1,0=17 /+=99A1KA0-80A7>UA/818OF/K98>=9FB=,F81 :9AaF>9AAO-98UOA1,=177A 61F81FB=,F81 F,0 O=F1:61/,F81F0F1,=/, 8::A<F1K60=98,8:<A:A<A1/A0! C8< Aa=O-9A F1F1760,<F=9FBA7 /861,<FA0 ,+A<AF0 606=99U=,<F-=<,F,A F1760,<F=9<A9=,F810>8=<70A-=<=,A:<8O K8LA<1OA1,l09=>8<=6,+8<F,FA0 .+F/+ O=VA0F1LA0,FK=,F81 -9=11F1K=177A/F0F8108LA<O=b8<9=>8</=-F,=9 F006A0 =17.+F/++=179A09=>8< /=-F,=97F0-6,A0 8:0FK1F:F/=1,08/F=9 FO-=/,!;+F0.=0=9AK=/U:<8O,+ARA. IA=9!;+F0=6,+8<>A9FALA0,+=, .A0+86979A=<1:<8O,+A-<=/,F/A>UF10,F,6,F81=9FBF1K,+A,<F-=<,F,A>8=<7 F18<7A<,8/8-A.F,+ O=b8<9=>8</=-F,=9F006A0/=60A7>U,+A/<F0F0!Z,F0 .8<,+ OA1,F81F1K,+=,,+A<A=<A08OA0A9:ALF7A1,.A=V1A00A0F1,+AN=. 81@A7F=,F81=17J<>F,<=,F818:N=>8<IF0-6,A0,+=,/=OAF1,8:8</A9=0, UA=< :8<Aa=O-9A ,+A:=F96<A,8OA1,F81+8.,8+=179AK<86-ALA1,006/+ =00,<FVA0!@8<A8LA< AaF0,F1K9=.0=17<AK69=,F81081/899A/,FLA7F0-6,A0 =<A,880FO-9A ,88=O>FK6860 <Ah6F<F1K=981K,FOA,8-<8/A00 =17,88 06>8<7F1=,A7 ,8 8,+A< 9=.0=17<AK69=,F810! S1:F,:8< ,+A /6<<A1,

NA00810:<8O N=>8<Y89F/FA076<F1K,+AG<A=,IA-<A00F81F1,+ASEJ *%* 0F,6=,F81 ,+AU/=99:8<9AKF09=,FLA=17=7OF1F0,<=,FLA=7b60,OA1,0! 1*8*&*,N*/ "! IFa81 PA/,8< '%%$ K7# U3# ,? M"#'/ I#;"#$$0,6 !;=F.=1 IA<.AF X69,6<A Z1,A<1=,F81=9! '!e8+1 P!\677 '%%& 85;&,F5#6/N0/7']-5'6 4'1# @'&'610638??010#61F 8`-0/F '6:T,01# YAVF1K! S1FLA<0F,UY<A00 3!\=O>A<N=10>6<UA,=9 A70 '%%& Z1,A<1=,F81=9=17 X8O-=<=,FLA DO-98UOA1, 5A9=,F810 ;=F.=1 X8OO81.A=9,+Y6>9F0+F1KX8! N,7! )!@F1F0,<U8:W6O=15A086</A0=17E8/F=9EA/6<F,U " '3 '%%* J99X+F1=CA7A<=,F81 8:;<=7AS1F810 i X+F1=D1,A<-<F0A X81:A7A<=,F81 M-0:063Y;060,6$A,61#"6063 ./'+0&0J'/0,6,?*6:-$/"0'&"#&'/0,6$70;/,I#'&N0/7A-""#6/81,6,501.0/-'/0,6 ! #! J99X+F1=CA7A<=,F818:;<=7AS1F810 3 ) '%%* Y;060,6$A,61#"6063/7#4-"/7#" !",5,/0,6,? Q-/-'&&FU3"##:9;,6U1/0,6$ !

\"T!%,'2*+,'*&*/'/"8V"&Y*&/O*3%8*?.%&-*-.&(,?'2*7N","#(N!&(/(/(,4"&*% HF6EFV\=A=1756789:;<=6>@A<B ! ! 23.0:45G.7:3 ;+AK98>=9:F1=1/F=9/<F0F0 .+F/+/8OOA1/A7.F,+,+A/899=-0A8:,+A 06>-<FOAO8<,K=KAO=<VA,F1,+ASEJ=,,+AA178:'%%&=17,+A10-<A=7 ,+<86K+86,,+A.8<97.F,+,+A/899=-0A8:NA+O=1\<8,+A<0F1EA-,AO>A< '%%$ +=0.<86K+,+=L8/F1O=1UA/818OFA0 F1-=<,F/69=<,+80A.+F/+=<A >8617,8,+ASEA/818OU,+<86K+,+AF<>=1VF1K=17:F1=1/F=90U0,AO08< Aa-8<, 0A/,8<0! Z,+=0 7AO810,<=,A7.F,+ Aa/A-,F81=9 /9=<F,U ,+=, F1,AK<=,F81F1.8<97O=<VA,018,819U-<8LF7A08--8<,61F,FA0:8<A/818OF/ K<8.,+ >6,:8</A0,+A -=<,F/F-=,F1K A/818OFA0,8 0+=<A,+A>6<7A1 8: AOA<KF1K/<F0A0 18 O=,,A<.+A<A,+AU O=U+=LA=<F0A1 8<:8<.+=, <A=081!Z1,+A/86<0A8:=:A. O81,+0 ,+A.8<97Aa-A<FA1/A7=78OF18 A::A/, .F,+81A0A/,8<=:,A<=18,+A<>AF1K/=6K+,F1=78.1.=<70-F<=9 0,AOOF1K:<8O 181:61/,F81F1K>=1V08<0+<F1VF1K/8106OA<7AO=17!Z, >A/=OA/9A=<,8=99,+=, O=<VA,0+=718F1>6F9, OA/+=1F0O,8+=9,,+F0 7ALA98-OA1,=17 ,+=, O=<VA, A/818OFA0 OFK+, ALA1>A:=/F1K ,8,=9 /899=-0A! Z1=:A=,8: 61-<A/A7A1,A7 -<8-8<,F810 K8LA<1OA1,0 8:,+A 9A=7F1KA/818OFA0.A<A:8</A7 ,8 7A0FK1<A0/6A -=/V=KA0,8 >=F986, F1089LA1,>=1V0=17+=LA,<FA7 ,8 0,FO69=,A 78OA0,F/F1LA0,OA1,=17

P8<VA<0\AE=:AK6=<7A776<F1KD/818OF/X<F0F0F1H8<A= *%" 7AO=17.F,+-6>9F/Aa-A17F,6<A-<8K<=OOA0 O=F19U:F1=1/A7>U/<A7F,! H8<A=O60,>A=<=06>0,=1,F=90+=<A8:,+A/80,0!Z,+=0=:=F<9U0O=99 78OA0,F/O=<VA,/8O-=<A7,8F,0.A997ALA98-A7F1760,<F=9/=-=/F,U=17F1 <A/A1, 7A/=7A0+=0 -6<06A7 =1 A/818OF/ K<8.,+ 0,<=,AKU<A9UF1K 81 Aa-8<,0 A0-A/F=99U,8 X+F1= W81K H81K=17,+A SEJ! P+A1 K98>=9 7AO=17:8<H8<A=1Aa-8<,00,=<,A7,80+<F1V ,+AA::A/,0.A<A:A9,F1O=1U 0AKOA1,08:,+A1=,F81=9A/818OU! GIYF1,+A:86<,+h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a=OF1A0,+A9AK=99FOF,=,F81081AO-98UOA1, :9AaF>F9F,U=0=1=10.A<,8,+A86,-6,/<F0F0 .+F9AEA/,F81#<ALFA.0 /6<<A1,-89F/FA081AO-98UOA1,=7b60,OA1,! " ! A50013.<31CK8:Q C13. L7.5-.7:3 73]:01;=>9A" 0+8.0KA1A<=9AO-98UOA1,,<A170F1 H8<A= 8LA<,+A -=0,0Fa UA=<0! ;+A61AO-98UOA1,<=,A+=0<AO=F1A7:=F<9U98.!Z,F018,A.8<,+U +8.ALA< ,+=,F1:8<O=9AO-98UOA1,F0:=F<9U+FK+=17,+=, =,=9O80,#!$ OF99F81 ,+A0A9: AO-98UA7/810,F,6,A=9=<KA -<8-8<,F81 8:,+A9=>86< :8</A!

*%# X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A 9%:0*E 7#$0"6#*,'(,-(N*/ 4"&*% CFFD^CFFH FFF '%%3!$'%%)!$'%%#!$'%%4!$'%%&!$'%%$!"' "#UA=<08:=KA=17=>8LA 3&3*% 3&&&" 3$)'$ 3$$3# 3*'3' 3*$4) D/818OF/=99UF1=/,FLA"))#)")#)'")&3*")$4)"#%"$"4"#4 D/818OF/=99U=/,FLA''*34'3''*'34$*'3*&'')'")'3&%* DO-98UA7''"'4''3$'''$)&'3"4)'3)#$''$4" S1AO-98UA7 Y=<,F/F-=,F81<=,A T S1AO-98UOA1,<=,A T DO-98UOA1,<=,A T $"% 4"!3 3!# #*!' $)$ 4"!# 3!4 #*!3 $)3 4"!4 3!4 #*!# $%& 4"!& 3!) #*!4 &#4 4"!& 3!" #*!$ $)$ #*!# 3!4 #&!3 E86</A R=,F81=9E,=,F0,F/=9]::F/A =116=906<LAU08:,+AA/818OF/=99U=/,FLA-8-69=,F81! ]::F/F=961AO-98UOA1,<=,A07818,<A/8<7,+A:699Aa,A1,8:b8>9A001A00! ;=>9A"<ALA=90=0677A17A/<A=0AF1,+A16O>A<8:AO-98UA7-A<0810 >U #*& %%%:<8O J6K60,'%%&,8 IA/AO>A<'%%$ .+F9A,+A 16O>A<8: 61AO-98UA7F1/<A=0A7>U819U*' %%%8LA<,+A0=OA-A<F87!;+AOF00F1K +=9:= OF99F81=<A,8>A:8617F1,+A/=,AK8<U 8:A/818OF/=99UF1=/,FLA -A<0810 .+F/+F1/<A=0A7>U8LA<81AOF99F81 =<8617$%% %%%=>8LA.+=, OFK+,+=LA>AA1 Aa-A/,A7 OA<A9U:<8O ,+A Aa,<=-89=,F81 8: -<ALF860 ,<A170! J9=<KA16O>A<8:61AO-98UA7-A<0810=<A18,<A/8<7A7F1,+A 8::F/F=961AO-98UOA1,<=,A! # ! JCK8:Q C13. A:3.0-G.6-34 JCK8:Q C13. 91F58-.7:36 # ! ! 23D:0C-8 A:3.0-G.6 Z1:8<O=9AO-98UOA1,/81,<=/,0=<A/81/967A78<=99U!;+AU606=99U=<F0AF1 /F</6O0,=1/A0F1.+F/+,+AAO-98UA<+=0,+A6--A<+=17=17.8<VA<0+=LA

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h6F,A+FK+8<:=F<9U-88<! C8<O=16=9.8<VA<08<98.K<=7A/9A<F/=9.8<VA<0=,9=<KA8<OA7F6O 0FBA7:F<O0 <A,F<AOA1,-<=/,F/A7F::A<00FK1F:F/=1,9U =0,+AU=<A8:,A1 8<K=1F0A7F1 61F810!;<=7A61F810F1 H8<A=+=LA:86K+,>F,,A<9=>86< 7F0-6,A0=K=F10, /8O-6908<U<A7617=1/FA0 06/+=0 ,+A 0,<6KK9A0=, WU617=FF1"**$=17=,I=A.88F1'%%'! Z:,<=7A61F810<A/8K1F0A,+=, <A7617=1/FA0=<A F1ALF,=>9A +8.ALA< ,+AU 606=99U 1AK8,F=,A+A:,U /8O-A10=,F81-=/V=KA0! IA0-F,A0,<F/,9AKF09=,F81 81/8O-6908<U<A7617=1/FA0 +8.ALA< F1 O=1U 18161F81F0A7 0O=99=17 OA7F6O0FBA7 /8O-=1FA0 $ L8961,=<U % /6,>=/V0=<A/8OO81 18,819U 8:/9A<F/=9.8<VA<0 A1KF1AA<0 OF779A O=1=KA<0=17-<8:A00F81=90 >6,=9088: O=16=9.8<VA<0 606=99U.F,+ 9F,,9A8<18/8O-A10=,F81! H8<A=<A/A1,9U=OA17A7,+AN=>86<E,=17=<70J/,.F,+=<A/=99/9=60A .+F/+/=1>A=--9FA7,8.8<VA<0.+8980A,+AF<b8>0,+<86K+/8O-6908<U <A7617=1/FA0:8< $ 6<KA1,>60F1A00<A=0810 % kW8.ALA< ,+F0/9=60A+=0 >AA1FO-9AOA1,A7819U<=<A9U08:=<!

P8<VA<0\AE=:AK6=<7A776<F1KD/818OF/X<F0F0F1H8<A= *&" % ! $<37:36 A:3G141 R-0F-7373F 97F,.6.: JCK8:Q 106 D1,A<-<F0A>=0A7 ,<=7A 61F810:<Ah6A1,9U<A1861/A 1AK8,F=,F810 81 /899A/,FLA=K<AAOA1,0=17 ,AO-8<=<F9U=998. AO-98UA<0 /810F7A<=>9A 7F0/<A,F81.+A1/8O-=1FA0=<A:=/A7>UA/818OF/7F::F/69,FA0 F1<A,6<1:8< AO-98UOA1,0A/6<F,U! X81/A00F8108:,+F0VF17=<A606=99UK<=1,A7819U .+A1,<=7A 61F810,<60,,+A O=1=KAOA1,=17F1760,<F=9<A9=,F810=<A KA1A<=99U/88-A<=,FLA! P+A1AO-98UA<0=<AA1,<60,A7.F,+,+A<FK+,,8 :9AaF>9U=7b60,,+A -<8LF0F810 8: /899A/,FLA=K<AAOA1,0,8 ,+A /6<<A1, A/818OF/ A1LF<81OA1, ,+AU 8:,A1 ,=VA /=<A 18, ,8 7F0=--8F1, ,+AF< AO-98UAA0=17,+A,<=7A 61F810 .+F/+.8697 -6,:6,6<A<A9=,F810F1 bA8-=<7U! RALA<,+A9A00 /81/A00F81>=<K=F1F1K>U ,<=7A 61F810 O=U -<8LF7AAO-98UA<0 .F,+ 0FK1F:F/=1,<88O:8< O=18A6L<A ,8=7b60, ,8 A/818OF//<F0A0! DO-98UA<0 O=U:<AABA.=KA0 /6,>8160A0 8< 8,+A< >A1A:F,08<0+8<,A1.8<VF1K,FOA >6,F,F0=908/8OO81-<=/,F/A:8<0A1F8< O=1=KAOA1,,8,FK+,A1,+AF<>A9,0 ,88 :8<Aa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

*&# X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A ;+A:FK6<A0 78 18,7F::A<A1,F=,A>A,.AA1 /81/A00F81>=<K=F1F1KF1 61F81F0A7=1718161F81F0A7A1,A<-<F0A0! P+F9A.A O=U=006OA,+=,,+A O=b8<F,U8:/=0A0<A:9A/,/81/A00F810F118161F81F0A7-9=1,0 ,+A<A=<A0,F99 O=1U/=0A08:,<=7A61F810,AO-8<=<F9U<A1861/F1K>=<K=F1F1K<FK+,0! J 16O>A< 8: A1,A<-<F0A>=0A7 61F810A0-A/F=99U ,+80A=::F9F=,A7 ,8 ,+A O87A<=,ACA7A<=,F818:H8<A=1;<=7A S1F810ALA1=K<AA7,8KFLA6-,+A <FK+,,80,<FVA8<,8.=FLA>=<K=F1F1K<FK+,0 9A=LF1K.=KA=7b60,OA1,0,8 ,+A61F9=,A<=97A/F0F818:,+AAO-98UA<! 9%:0*L !",N*//(",:%&?%(,(,? :6N%'*?"&6 @%,.%&6R$&(0CFFM ;8,=916O>A< P=KA 8:=K<AAOA1,0<A76/,F81 P=KA :<AABA R8 R8 0,<FVA>=<K=F1F1K *'&'%&#$& 3* 3$ E86</A EAA;=>9A#=>8LA! Z1+860A :9AaF>F9F,U F1/<A=0A )* 5A76/,F818: .A9:=<A=17 :<F1KA>A1A:F,0 # % ! % Y:H103C13. 237.7-.7H16.: X101F58-.1.,1=->:50?-0@1. M,E#"65#6/$-;;,"/?,"1,61#$$0,6+'"3'06063 ;+AH8<A=1K8LA<1OA1,+=018,9A:,=7b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h6F/V9U:8998.A706F,

P8<VA<0\AE=:AK6=<7A776<F1KD/818OF/X<F0F0F1H8<A= *&$ 0A,,F1K ,+A /6, F1 K<=76=,A0l A1,<U9ALA9 0=9=<FA0=,'$ -A< /A1, =11861/F1K PA0+=<A7= LFA. ,+=, 78.1.=<7.=KA 0,=>F9F0=,F81F1 KA1A<=9F01A/A00=<UF18<7A<,88LA</8OA,+A/6<<A1,0ALA<AAO-98UOA1, /<F0F0=17<A,=F1 86<A/818OF/ -8,A1,F=9:8< K<8.,+ % H8F9=: )'+,-" D#N$ '4 CA><6=<U'%%* k;+F0 OA=06<AF09FVA9U,80-<A=7,8 8,+A< ><=1/+A08:,+A-<FL=,A0A/,8<! )#30$&'/0,6,6/#5;,"'"F#5;&,F5#6/ NAKF09=,F8181,AO-8<=<UAO-98UOA1,.=0A1=/,A7=,,+AA178:'%%4=17 /=OAF1,8:8</A=,9=<KA:F<O0.F,+3%% 8< O8<AAO-98UAA0=17 -6>9F/ 0A/,8<A0,=>9F0+OA1,0:<8Oe69U'%%&!;+AAa,A10F818:,+A9=.,80O=99A< :F<O0.F,+:A.A< ,+=1"%% AO-98UAA0 .+A<A O=1U O8<A ,AO-8<=<U .8<VA<0=<AAO-98UA7 .=0-80,-81A761,F9"e69U'%%*! ;+AK8LA<1OA1,-9=10,8Aa,A17,+A-A<OF00F>9A-A<F87:8<AO-98UF1K ,AO-8<=<U.8<VA<0:<8O,.8,8:86<UA=<0=17,878=.=U.F,+,+A<FK+, 8:,AO-8<=<U.8<VA<0,8>A=.=<7A7 8-A1 A17A7/81,<=/,0,+A<A=:,A<! ;+A<AF0/6<<A1,9U=+A=,A77A>=,A=>86,.+A,+A<,+AAa,A10F818:,+A ,AO-8<=<U.8<V9AKF09=,F81,8:F<O0.F,+:A.A<,+=1"%%AO-98UAA0.F99 9A=7,8 O=00FLA9800A0F1,AO-8<=<Ub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

*&% X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A 18,06--8<,,+A A0,=>9F0+OA1, 8:= -9=,:8<O :8<<AK69=,F1KF1760,<F=9 <A9=,F810=,1=,F81=99ALA9!Z1,+A:=/A8:,+A/6<<A1,AO-98UOA1,/<F0F0 +8.ALA< F,+=0/+=1KA7F,0-80F,F81=17F0=/,FLA9U-<8O8,F1K,<F-=<,F,A =K<AAOA1,081.8<V0+=<F1K! Y<8-80A7>U,+ACA7A<=,F818:H8<A=1;<=7AS1F810 CH;S =17,+A H8<A=1 DO-98UA<0l CA7A<=,F81 HDC ,+A K8LA<1OA1, AO-98UA<0 9=>86<=17 08OA/FLF9K<86-0 OAA,F1K 81'3 CA><6=<U'%%* <A=/+A7 =K<AAOA1,81.=KA:<AABA08<.=KA/6,0F1<A,6<1:8<.8<V0+=<F1K! ;+A K8LA<1OA1,-<8OF0A7 ,8=/,FLA9U Aa-=17 ,+A 08/F=9 0=:A,U 1A,:8< L691A<=>9AK<86-0 0AAH8F9=: N=>86<RA.0 '3CA><6=<U'%%* k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a/960F818:,+A-8.A<:69HX;S/=1>A0AA1=0=1F17F/=,F81,+=, ,+A=K<AAOA1,F0 18,06--8<,A7>U=99<A9AL=1,0,=VA+897A<0=17 ,+=, FO-9AOA1,=,F81F09FVA9U,8OAA,<A0F0,=1/A:<8OFO-8<,=1,0AKOA1,08:,+A 9=>86<O8LAOA1,!

P8<VA<0\AE=:AK6=<7A776<F1KD/818OF/X<F0F0F1H8<A= *&& % ! ' Y:H103C13. L:G7-8 T:87G716 ;+A/6,,F1K8:.=KA0F18<7A<,8O=F1,=F1b8>0/=1>A/=,AK8<F0A7=0/9=00F/ 7A<AK69=,F81-89F/U=17:F,0F1.F,+,+AK8LA<1OA1,l08<FKF1=90,=1/A8: <A76/F1K,=aA0:8<,+A<F/+=17/<A=,F1K= $ >60F1A00:<FA179UA1LF<81OA1, % k S17A<-<A006<A76A,8,+AAO-98UOA1,/<F0F0 +8.ALA< ,+AK8LA<1OA1, -A<:8<OA7 = S ,6<1 =.=U:<8O F,0 8<FKF1=99U -=00FLA=17 OF1FO=9F0, =--<8=/+!Z,F018.=/,FLA9U-<8O8,F1KAO-98UOA1,<A,A1,F81-89F/FA0=17 =086,9F1A7F1,+A,<F-=<,F,A=K<AAOA1,8:'3CA><6=<U +=0=908F1/<A=0A7 ,+A61AO-98UOA1,>A1A:F,>67KA,>U 1A=<9U"% -A< /A1,!;+A O=b8< AO-98UOA1,<A,A1,F81-89F/FA0=<A=0:8998.0 85;&,F5#6/"#/#6/0,6+#6#?0/$#P/#6:#: DO-98UOA1,F106<=1/A/8O-A10=,A0AO-98UA<0:8<6-,8&#-A</A1, F1 ,+A/=0A8:0O=99=17 OA7F6O0FBA7A1,A<-<F0A08<E@D0 8<,.8,+F<70 :8<9=<KA:F<O0 8:.=KA0-=F7=17=99,<=F1F1K/80,0:8<AO-98UOA1, <A,A1,F81-6<-80A0.+A1/8O-=1FA07818,+=LAO6/+.8<V>6,O=F1,=F1 AO-98UOA1,! DO-98UOA1,F106<=1/A/8O-A10=,A0AO-98UA<0:8<6-,8,.8,+F<70 :8< E@D0 8<#% -A< /A1, :8<9=<KA:F<O0 8: 181.8<V.=KA0.+A1 /8O-=1FA0O=F1,=F1AO-98UOA1,76<F1K,AO-8<=<U/9806<A0! 96#5;&,F5#6/+#6#?0/$#P/#6:#: ;+A-A<F878:<A/AFLF1K61AO-98UOA1,>A1A:F,0:8<L=<F860K<86-0+=0 >AA1F1/<A=0A7:<8O4(* O81,+0,8$("" O81,+0! S1AO-98UOA1,>A1A:F,0=<A18. -=F7:8<O8<A,+=10Fa O81,+0.+A1 .8<VA<0h6F,,+AF<b8>0L8961,=<F9U! 8P/#6$0,6,?$,10'&$#1-"0/F;",E0$0,6$/,/7#E-&6#"'+&# N8=10=<A=L=F9=>9A:8<61AO-98UA7:=OF9U><A=7.F11A<0,8:F1=1/A 9FLF1K/80,0!

*&' X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A N8=10=<A=L=F9=>9A:8<,+A61AO-98UA7=17,AO-8<=<U.8<VA<0,8/8LA< ,<=F1F1K=179FLF1K/80,0! P+A1:F<O0>A/8OA>=1V<6-, ,+AK8LA<1OA1,.F99-=U>=/V.=KA0:8< 6-,8,+<AAO81,+0=17<A,<A1/+OA1,-=UOA1,0:8<,+<AAUA=<0l0A<LF/A! & ! E5.8::@ ;+A K98>=9 :F1=1/F=9 /<F0F0+=0 ,+<8.1 ,+A.8<97 F1,8=1 A/818OF/ 7A-<A00F818:= VF17 18,0AA1:8< O=1U 7A/=7A0! E,=,AF1,A<LA1,F81F1 A/818OF/O=1=KAOA1, 0,=,A>=F986,08:+6KA:F1=1/F=9F10,F,6,F810=17,+A <A<AK69=,F81 8::F1=1/F=9 O=<VA,0 O=U>A 0FK1F:F/=1,0,A-0 76<F1K= ,<=10F,F81-A<F87=.=U:<8O 1A89F>A<=9F0O! W8-A:699U ,+A:6,6<A O=U ><F1K=1A./8O>F1=,F818:,+A0,=,A=17,+A O=<VA, 1A.<AK69=,F818: O=<VA,0=17=:=F<A<7F0,<F>6,F818:F1/8OA,+=1>A:8<A! Z1H8<A= ,+AK8LA<1OA1,=17AO-98UA<0+=LA08:=<-<A78OF1=1,9U ,<FA7,8 O6779A,+<86K+,+A/<F0F0.F,+=7+8/-89F/FA0 F1/967F1K,+A Aa,A10F818:06>0F7FA0:8<AO-98UOA1, O=F1,A1=1/A ,+A60A8:K<=76=,A F1,A<10=1761AO-98UOA1,>A1A:F,0=17-60+F1K,<F-=<,F,A=K<AAOA1,081 .8<V0+=<F1K!;+A0A-89F/FA0O=UF17AA7><F1K08OA=99ALF=,F81,8H8<A=1 .8<VA<0=17-A8-9A =17,=/V9A08OA8:,+A61AO-98UOA1,=17-8LA<,U F006A0,8=/A<,=F1Aa,A1, >6,,+AU=<A18,=<A/F-A:8<O8LF1K:8<.=<7,8 O8<A08/F=99U>=9=1/A7ALA98-OA1,! ;+A<A=<A,.8 O=b8<-89F/U=--<8=/+A0.+F/+ F1,+A/81,Aa,8:86< 7F0/600F81 1AA7<A:8<O69=,F81! H8<A= 1AA70= OA7F6O 8<981K,A<O =--<8=/+,861AO-98UOA1,! 5A9=aF1K,AO-8<=<UAO-98UOA1,9AKF09=,F81F0 619FVA9U ,8>A ,+A=10.A< ,8<F0F1K 61AO-98UOA1, 8< ,8 O=VF1K AO-98UOA1,:9AaF>9AF1<A9=,F81,8A/818OF//U/9A0!]1A O=b8<=<A=:8< FO-<8LAOA1,F0.8<VF1K,FOA O=1=KAOA1,F1<A0-810A,8,+AA/818OF/ /<F0F0! H8<A=1 O=1=KAOA1,=17 K8LA<1OA1, +=LA 18, 7ALA98-A7 08-+F0,F/=,A70,<=,AKFA0:8<,+A:9AaF>9A60A8:.8<VF1K,FOA 9F1VA7,8,+A =KA8:.8<VA<0 ,+AF<0+F:,F1K-<A:A<A1/A08</+=1KA0F1,+A0,<6/,6<A=17 0FBA8:,+A9=>86<:8</A! J9,+86K+=LA<=KA.8<VF1K+86<0+=LA>AA1

P8<VA<0\AE=:AK6=<7A776<F1KD/818OF/X<F0F0F1H8<A= *&( <A76/A70FK1F:F/=1,9U0F1/A,+AF1,<876/,F818:,+A)%+86<.8<VF1K.AAVF1 '%%) ,+A981K+86<0/69,6<A+=0<AO=F1A781A8:,+AO=F1:A=,6<A0F1+A<F,A7 :<8O,+A7ALA98-OA1,=9-+=0A>A,.AA1,+A"*4%0=17,+AOF7"*$%0! Z1,A<A0,F1K9U -=<,,FOA .8<VF1K.+F/+F0-=<,F/69=<9U06F,=>9A:8< O=<<FA7.8OA1.F,+/+F97/=<A<A0-810F>F9F,FA0 F0 O6/+9A006,F9F0A7F1 H8<A= $!*-A</A1, ,+=1F1 O80,8,+A<]DXI/861,<FA0 "#!3-A</A1, 81=LA<=KAF1'%%& kY=<,,FOA.8<V>U.8OA1F1H8<A==//861,0:8<819U "'!#-A</A1,8:.8OA1l0AO-98UOA1, .+A<A=0F1]DXI /861,<FA0F, =//861,0:8<'#!3 -A</A1, ]DXI'%%$ kZ1:9AaF>F9F,U 81,+A-=<,8: H8<A=1 O=1=KAOA1,F1-<8LF7F1K-=<,,FOAb8>0+=0VA-, O=1U O=<<FA7 .8OA186,8:,+A9=>86<O=<VA,! ;+A0+8<,A1F1K8:.8<VF1K+86<0=17,+AALA1 7F0,<F>6,F81 8:,+A .8<V98=7=O81K,+A.8<V:8</AO=U>A,+AO=F10896,F81,8,+Ab8>/<F0F0 :8<U861K-A8-9A=17,+A98.9=>86<:8</A-=<,F/F-=,F818:O=<<FA7.8OA1! ;+A08/F=9-=<,1A<0 O60,988V=:<A0+=,+8.,87F0,<F>6,A.8<VF1K,FOA ALA19U>A,.AA1K<86-0! R818<K=1F0A7K<86-0O60,:A=,6<A-<8OF1A1,9UF1 =1U.8<V0+=<F1K/81/A-,! J 1A.=--<8=/+F01AA7A7,8.8<VF1K,FOA .+F/+ ,=VA0 F1,8=//861, 1A. 9F:A0,U9A0 F1/<A=0A7 9=>86<:8</A -=<,F/F-=,F8181,+A-=<,8:O=<<FA7.8OA1 /+F97/=<A<A0-810F>F9F,FA0:8< O=<<FA7/86-9A0=178,+A<-A<081=98<78OA0,F/1AA70!;+A/+=1KF1K=KA 0,<6/,6<A8:,+A9=>86<:8</A-80A01A. /+=99A1KA0! Z1=<=-F79U=KAF1K 08/FA,U =0 F1 H8<A= O8<A 897A<.8<VA<0 O60,>A VA-, F1=/,FLA AO-98UOA1,=17:9AaF>9A.8<VF1K,FOA=<<=1KAOA1,0=<A1AA7A7,8,=VA /=<A8:,+AA97A<9U!;+A0A1A.:8<O08:.8<VF1K,FOA O=1=KAOA1,.F99 7A:F1F,A9UF1/<A=0A,+A16O>A<8:b8>0=17,+AAO-98UOA1,<=,A8:.8OA1 =0.A99=0/81,<F>6,F1K,8=O8<AALA17F0,<F>6,F818:.8<V8--8<,61F,FA0! ;+A8,+A<=<A=<Ah6F<F1K 6<KA1,<A:8<O F0,+A>6F97F1K 8:= O8<A /8O-<A+A10FLA08/F=9.A9:=<A0U0,AO:8<.8<VA<0! H8<A=+=0A0,=>9F0+A7 ,.8VF1708:.A9:=<A-<8LF0F81 KA1A<=9.A9:=<A:8<ALA<U>87U=,=LA<U >=0F/9ALA9=17=/8O-=1U>=0A70U0,AO .+F/+F08:,A1>=0A781-9=1, 9ALA9/899A/,FLA>=<K=F1F1K8</8O-=1U.A9:=<A-<8LF0F810!@6/+/8O-=1U >=0A7.A9:=<A+=0>A1A:F,A7819U=<A9=,FLA9U0O=9916O>A<8:-A<O=1A1,

*') X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A .8<VA<0=,9=<KA:F<O0 Aa/967F1K9=<KAK<86-0 :8<Aa=O-9A ,AO-8<=<U .8<VA<0 F1,+80A0=OA:F<O0=17O=1U.8<VA<0=,0O=99=17OA7F6O0FBA7 /8O-=1FA0!@=1U0O=99:F<O0=<A0,F9918,.F99F1K,8/81,<F>6,A,808/F=9 F106<=1/A:8< ,+AF< AO-98UAA0 =9,+86K+ ,+A K8LA<1OA1, +=0 O=7A 0FK1F:F/=1,A::8<,0,8:8</A,+AO,87808! Z,F0+FK+,FOA,+=,H8<A=Aa-=17A7F,008/F=90A/6<F,U0U0,AO,8/8LA< .8<VA<0=,0O=99:F<O0=17,8O8LA:<8O=/8O-=1U>=0A7.A9:=<A/81/A-, ,8KA1A<=908/F=9.A9:=<A! E8/F=9-89F/FA00+8697 18, OA<A9U06--9AOA1, /8<-8<=,A.A9:=<A >6, -<8LF7A /8O-<A+A10FLA -<8,A/,F81 :8< ,+A 61AO-98UA7=17,+A -88<F1 KA1A<=9! 5A9=,A7,8<A:8<O 8:,+A08/F=9 0A/6<F,U0U0,AO ,+A,=a0U0,AO=178,+A<A/818OF/-89F/FA0=9081AA7=1 8LA<+=69!;+AAO-98UOA1,0U0,AO O60,>A/8O>F1A7.F,+/8O-<A+A10FLA 08/F=9.A9:=<A,8 -<8LF7A >=0F/9FLF1K 0,=17=<70:8<=99.8<VA<0=17= :9AaF>9AOA/+=1F0O=>9A,8<A0-817,8A/818OF/:96/,6=,F810! 1*8*&*,N*/ H8<A=Z1,A<1=,F81=9N=>86<C8617=,F81 N=>86<;87=U &@=U'%%* Z006AR8!4$! @F1F0,<U8:N=>86<!'%%*! Y<A00<A9A=0A81AO-98UOA1, e=16=<U'%%*! R=,F81=9E,=,F0,F/=9]::F/A!'%%*!;<A170F1DO-98UOA1,76<F1K'%%$! R=,F81=9 E,=,F0,F/=9]::F/A!_=<F860 UA=<0! E6<LAU0 81 ,+A D/818OF/=99U J/,FLA Y8-69=,F81! =116=9-6>9F/=,F81 k ]DXI!'%%$!E,=,F0,F/081.8<VF1K+86<0!]DXIDO-98UOA1,]6,988V'%%$! Q+F.AFQ+=1K!'%%$! X=1IAO=17:<8OX+F1=E+FA97D=0,J0F=1D/818OFA0:<8O G98>=9 E98.78.1 P8<VF1K-=-A<"* '%%$ W81KH81K@81A,=<UJ6,+8<F,FA0!

V"&Y*&/U1(?2'/(,%,7N","#(N!&(/(/ ! 5*&#%,6 P89:K=1KIM6>9A< ! ! 23.0:45G.7:3 Z1,FOA08:A/818OF//<F0F0 " .8<VA<0l<FK+,07818,/+=1KA=0= O=,,A<8: /86<0A!;+A9=>86</81,<=/,/81,F16A0 " =078/899A/,FLA=K<AAOA1,0! P+=, +=0>AA19=F778.1 O60,>A=7+A<A7,8 " A0-A/F=99U.+A181A-=<,U8<,+A 8,+A<+=0 7F::F/69,U:69:F99F1K ,+A /81,<=/,!;+A<F0V0=<A 7F0,<F>6,A7 >A,.AA1,+A-=<,FA0!;+AAO-98UAA/=118,7AO=17=.=KAF1/<A=0Ab60, >A/=60A,+AA1,A<-<F0A O=VA0Aa,<=-<8:F,0,+AAO-98UA</=118,<A76/A .=KA0b60,>A/=60A,+A<A069,08:+F0=/,FLF,FA0=<A9A000=,F0:UF1K,+=1 Aa-A/,A7! W8.ALA< " =/<F0F08:,+AA1,A<-<F0A " ,+A><=1/+8<,+A.+89AA/818OU F1ALF,=>9U+=0<A-A</600F810:8<,+AAO-98UOA1,<A9=,F810+F-! Z1 O=1U /=0A0 " 9AK=99U>F17F1K=K<AAOA1,0=<AF1-9=/A617A<.+F/+08OA-8<,F818: ,+A.=KAF09F1VA7,8,+AA/818OF/<A069,08:,+AA1,A<-<F0A ! .8<VA<0O=U " :8<Aa=O-9A " <A/AFLA=1=77F,F81=9+=9:=O81,+l00=9=<UF:-<8:F,0F1/<A=0A7 76<F1K,+A-<A/A7F1KUA=< , 8<:<F1KA>A1A:F,0O=U>A<A76/A7F:,+A<A069,0 .A<A.8<0A,+=1Aa-A/,A7!]LA<,+AUA=<0 " .=KA0+=LA>AA1O=7A:9AaF>9A F1= O=11A</8O-=<=>9A,8.8<VF1K,FOA " KFLF1K<F0A,8,+A18,F818:,+A 6 ><A=,+F1KA1,A<-<F0A 7 kZ1 GA<O=1U " =/AF9F1K+=0>AA10A, ! ,+ACA7A<=9 N=>86<X86<,+=00,=,A7,+=,,+A:9AaF>9A-=<,8:.=KA0O60,18,Aa/AA7'# -A</A1,8:,+A.+89A0=9=<U O8<A:9AaF>F9F,U.8697>A61=//A-,=>9A0F1/A

*'! X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A F,.8697 O=VAF,O8<A7F::F/69,:8<.8<VA<0,8-9=1,+AA/818OF/0F7A8: ,+AF<9FLA0!]>LF8609U F1,FOA08:/<F0F0AO-98UA<0.F99,<U,860A=99,+A0A :<AA78O0F1<A0-810A,8,+A7A,A<F8<=,F1KA/818OF/0F,6=,F81! Z1A1,A<-<F0A0F1.+F/+06/+/9=60A07818,AaF0, >A/=60A O80,8: ,+AF<AO-98UOA1,/81,<=/,07=,A:<8O,+A-A<F87>A:8<A:9AaF>F9F,UO=7AF,0 7A>6, 8<F1.+F/+ O=1=KAOA1,=17.8<VA<0=<A18,06::F/FA1,9U:9AaF>9A ,8=7=-,AO-98UOA1,<A9=,F810+F-0,8,+A/+=1KA7A/818OF/0F,6=,F81 ,+A AO-98UA<O=U>AA1,F,9A7,87F0OF00.8<VA<0:8<A/818OF/<A=0810!@80, DS OAO>A<0,=,A9AK=90U0,AO0+=LA +8.ALA< 7ALA98-A7L=<F860OA=10 8:=L8F7F1K,+A0,=<V=9,A<1=,FLA08::699/81,F16=,F818:,+A/81,<=/, .F,+ /8<<A0-817F1K9800A0:8<,+AAO-98UA< =177F0OF00=9!;+A0A OA=10=<A 08OA,FOA0A1,F<A9U $ 7A:=/,8 .F,+86,=0-A/F:F/9AK=9>=0F0! X810F7A<F1K ,+AGA<O=10F,6=,F81F1-=<,F/69=< ,+A<A=<A=16O>A<8: $ 08:, OA=10 % ,+=,18<O=99U 78 18, -<8L8VA =1U<A0F0,=1/A 0AA EA/,F81'>A98. k W8.ALA< F:,+AU=<A18,06::F/FA1, 0+8<,,FOA.8<VF1K/=1>AF10,FK=,A7 =-<=/,F/A.F,+=+F0,8<U7=,F1K>=/V O8<A,+=1$%UA=<0 EA/,F813 kZ1 08OA><=1/+A0 /899A/,FLA=K<AAOA1,0 -A<OF,,+A<A76/,F81 8:.8<VF1K ,FOA:<8O 3$+86<0,83%+86<0=.AAV EA/,F81) kCF1=99U F:181A8: ,+A0AF10,<6OA1,0=<A06::F/FA1, ,+A<AF0,+A-800F>F9F,U8:A0,=>9F0+F1K= :F<O:F1=1/A7>U ,+A CA7A<=9 JKA1/U 8: N=>86<,+=,,=VA0 8LA<,+A AO-98UAA0=17KFLA0,+AO=77F,F81=9h6=9F:F/=,F810,8 O=VAF,A=0FA<:8< ,+AO,8:F171A.b8>0 EA/,F81# k " ! L:D. 236.05C13.6-6- B706. L.1K ;+AO80,.F7A9U=//A-,=>9A<A=/,F81,8=/<F0F0F0=:<AABA818LA<,FOA! J 0A/817F018,<A1A.F1KAa-F<F1K:FaA7,A<O /81,<=/,0 .+F/+606=99U78A0 18,/<A=,A9AK=9-<8>9AO0!@6/+ O8<AFO-8<,=1,F0,+A /=1/A99F1K 8: ,AO-8<=<U=KA1/U.8<V!;+A/81,<=/,0>A,.AA1AO-98UA<0=17=KA1/FA0 606=99U-<8LF7A:8<LA<U0+8<,18,F/A-A<F870 .8<VA<0 O=U>A:8</A7,8 <A,6<1,8,+A=KA1/U.F,+F1 ,.8 8<,+<AA 7=U0! Z: 18 8,+A<.8<VF0 =L=F9=>9A=,,+A=KA1/U,+AU.F9918<O=99U>A7F0OF00A7! J//8<7F1K,8

P8<VA<0l5FK+,0F1=1D/818OF/X<F0F0 GA<O=1U *'" GA<O=19AKF09=,F81=78-,A7F1CA><6=<U'%%* 0+8<,,FOA.8<VF1KF018. -800F>9AALA1.F,+9=>86<=KA1/FA0 >6,08:=<F,+=018,>AA1-<=/,F/A7! J18,+A<.=U 8: /8-F1K.+A1 ,+A<A F0 9A00.8<V F0 A1,A<-<F0A :9AaF>F9F,U!@=1U /8O-=1FA0+=LA A0,=>9F0+A7 0/+AOA0 ,+=, A1=>9A AO-98UAA0,8>6F97 608 /=99A7 $ .8<VF1K,FOA=//861,0 % kZ:<AK69=< .AAV9U.8<VF1K,FOAF0 9A,l00=U 3$+86<0 ,+AU8:,A1.8<V>A,.AA1)' =17)4+86<0=1708=//6O69=,A>A,.AA1"%%=17'#%+86<08LA<=UA=<! ;+F0F0,+AAh6FL=9A1,8:>A,.AA1,.8=170Fa .AAV08::699,FOA.8<V .+F/+/=1,+A1>A $ /8106OA7 % k;+A<AF0189AK=9-<8LF0F8181,+F0:8<O8: :9AaF,FOA >6,F,Aa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a.AAV0l-=F7=116=9 9A=LA! J,9A=0,-=<,8:,+F0/=1>A60A7F1,FOA08:98.A1,A<-<F0A=/,FLF,U! ;8,=VA,+A.+89A=116=99A=LAF181AK8O=U18,>A=//A-,=>9A,8.8<VA<0 .+8=9<A=7U+=LA+89F7=U-9=10!Z,O=U=90818,06F,,+AAO-98UA< AF,+A< >A/=60A,+AU O=U:F17F,7F::F/69, F1=/<F0F0 ,8-=U:699.=KA08LA<0Fa .AAV0.F,+86,KA,,F1K=1U,+F1KF1<A,6<1!Z1-<=/,F/A ,+A<A:8<A 606=99U 81A8<,.8.AAV08:=116=99A=LA=<A,=VA1F106/+=0F,6=,F81! # ! L,:0..7C1+:0@73F Z:=99,+A0A OA=10=<AAa+=60,A7 8<F:,+AU=<A18,=L=F9=>9AF1/A<,=F1 /=0A0 08 /=99A70+8<,,FOA.8<VF1K/=1>AFO-9AOA1,A7!;+AF7A=F0 0FO-9A .8<VF1K,FOAF0<A76/A7:8<Aa=O-9A ,8'% "#8<ALA1BA<8 +86<0=17.=KA0=<A<A76/A7=//8<7F1K9U! W8.ALA< ,+ACA7A<=9JKA1/U

*'# X8O-=<=,FLAZ1760,<F=95A9=,F810 ! X+F1= " E86,+H8<A==17GA<O=1U # D6<8-A 8:N=>86<0,A-0F1=17.8<VA<0<A/AFLA>A1A:F,0F1=//8<7=1/A.F,+,+A .8<VF1K,FOA<A76/,F81!;+A>A1A:F,0=<A/810F7A<=>9A:8<>8,+0F7A0!;+A AO-98UAAF0 18, 7F0OF00A7 " .+F9A,+A AO-98UA<<A,=F10=.A99,<=F1A7 .8<V:8</A " A1=>9F1K+FO ,8<A0,=<, 617A< K887 /817F,F810.+A1 ,+A A/818OF/0F,6=,F81FO-<8LA0!;+F0 O87A9.=060A7:8<,+A:F<0,,FOAF1 "*')=17F0KA1A<=99U=//A-,A7!;+A<A=<A=16O>A<8:<A=0810:8<,+F0 06//A000,8<U " >6,,+A<A=<A=9089FOF,0,+=,/=1O=1F:A0,,+AO0A9LA0:=F<9U <=-F79UF1-<=/,F/A! E+8<,,FOA.8<VF1K<Ah6F<A0=16O>A<8:/817F,F810=09=F778.1F1 9=>86<9=.=1708/F=90A/6<F,U9=.! N=>86<9=.<Ah6F<A0,+=,,+AAO-98UA<O60,>AAa-9F/F,9UA1,F,9A7,8 <A76/A,+A.8<VF1K,FOA0,F-69=,A7F1=9=>86</81,<=/,! Z1 /899A/,FLA =K<AAOA1,0=17.8<V=K<AAOA1,0>A,.AA1.8<V0/861/F90=17AO-98UA<0 " /9=60A0O=U8:,A1>A:8617,+=,KFLA,+AAO-98UA<06/+-8.A<0 F1,+AF< =>0A1/A,+AF17FLF76=9.8<VA<+=0,8=K<AA!;+F0/817F,F81F0A=0U,8 :69:F9 " +8.ALA< " >A/=60A,+A=9,A<1=,FLA.8697>A7F0OF00=9!;+A0A/817 /817F,F81F0 O6/+ O8<AFO-8<,=1, ! ,+A.8<V0/861/F9+=0,8 KFLAF,0 /810A1,! RAK8,F=,F810=<A<Ah6F<A7>A,.AA1AO-98UA<=17.8<V0/861/F9 =>86,,+AAa,A1,=1776<=,F818:0+8<,,FOA.8<VF1K " =1708OA,FOA0=>86, =-<8+F>F,F81 81 7F0OF00F1K.8<VA<0:8< A/818OF/<A=0810 76<F1K ,+A -A<F878:<A76/A7.8<VF1K!Z:,+AAO-98UA<>A9FALA0,+=,,+A9=/V8:.8<V F018,OA<A9U=0+8<,,A<O-<8>9AO " >6,,+A.8<V0/861/F978A018,0+=<A ,+F0 LFA. " ,+A /81/F9F=,F81>8=<7 +=0 ,8 7A/F7A.+A,+A< 0+8<,,FOA .8<VF1KF0=//A-,=>9A8<18,! ;+A.8<V0/861/F9F0=>87UA9A/,A7>U=99AO-98UAA0.8<VF1KF1=KFLA1A0,=>9F0+OA1, $ ,+=,F0 " =-=<,8:,+AA1,A<-<F0A.F,+0-A/F:F/,A/+1F/=98<8<K=1F0=,F81=9,=0V0 % kZ,F018,=,<=7A 61F81>87U " >6,F1-<=/,F/A,+A<AF0/980A/88-A<=,F81>A,.AA1.8<V0/861/F90=1761F810!;+A .8<V0/861/F9+=0/87A,A<OF1=,F81<FK+,0F1/A<,=F1:FA97006/+=08LA<,FOA=170+8<,,FOA.8<VF1K! ;+F0OA=10,+=,,+AAO-98UA<<Ah6F<A0,+A/810A1,8:,+A.8<V0/861/F9 , =61F9=,A<=97A/F0F81.8697 >A.F,+86,=1U9AK=9A::A/,!Z:=1=K<AAOA1,/=118,>A<A=/+A7 " =/81/F9F=,F81>8=<7+=0,87A/F7A F, /8O-<F0A0=1Ah6=916O>A<8:<A-<A0A1,=,FLA08:>8,+0F7A0 $ 606=99U,.88<,+<AA % =17=1FO-=<,F=9 /+=F< " .+8F0=--8F1,A7>U>8,+-=<,FA08<>U,+A<A9AL=1,9=>86</86<,! EAA:88,18,A"!

P8<VA<0l5FK+,0F1=1D/818OF/X<F0F0 GA<O=1U *'$ S17A<08/F=90A/6<F,U9=. >A1A:F,0<A9=,A7,80+8<,,FOA.8<VF1K-=F7 >U,+ACA7A<=9JKA1/U8:N=>86<=<AK<=1,A7819UF:/A<,=F1/817F,F810=<A :69:F99A7 ;+A9=/V8:.8<V O60,>A76A,8,+AKA1A<=9A/818OF/0F,6=,F81 18,,87F::F/69,FA08:,+AF17FLF76=9A1,A<-<F0A! ;+A -<8>9AO0 O60,>A 8:= -<8LF0F81=91=,6<A! Z1,+A/6<<A1, A/818OF/0F,6=,F81,+A CA7A<=9 JKA1/U 8: N=>86<F0F1/9F1A7,8 /810F7A<=99 7F::F/69,FA0=0>AF1K -<8LF0F81=9 ,+A /<F0F0.8697 7A,A<F8<=,A:6<,+A<F:,+A -<AL=F9F1K 0A1,FOA1,.=0 -A00FOF0,F/ =9,+86K+-<8>=>9U O8<A<A=9F0,F/ k ;+A.8<VF1K,FOA<A76/,F81 O60,9A=7,8=.=KA<A76/,F818:O8<A ,+=1"%-A</A1,!Z1,+A-=0, ,+F0/817F,F81+=7,8>A:69:F99A7>U= .+89A0A/,F81 8:,+A A1,A<-<F0A! R8. F,F0 06::F/FA1, ,+=,=1 F17FLF76=9.8<VA<06::A<0,+F0VF178:9800! J998,+A<OA=10O60,>AAa+=60,A7!;+A<AF0 +8.ALA< 181AA7,8 7F0089LA=99.8<VF1K,FOA=//861,0/8O-9A,A9U8<,8<Ah6F<A.8<VA<0 ,8,=VA,+A.+89A=116=99A=LAF181AK8!;+ACA7A<=9JKA1/U8: N=>86<F0 h6F,A KA1A<860 81 ,+A0A -8F1,0 617A< ,+A /6<<A1, A/818OF//F</6O0,=1/A0! Z:=99,+A0A/817F,F810=<A:69:F99A7 .8<VA<0=<AA1,F,9A7,80+8<,,FOA >A1A:F,0!;+AU<A/AFLA4%-A</A1,8:,+A7F::A<A1/A>A,.AA1,+A:8<OA< :699.8<VF1K,FOA.=KA=17,+A18.<A76/A7.=KA!Z:,+AAO-98UAA+=0,8 ,=VA/=<A8:=,9A=0,81A/+F97 +8.ALA< ,+A<=,AF0F1/<A=0A7,84&-A< /A1,!;+A0+8<,,FOA>A1A:F,0 O=U>A-=F7:8<= O=aFO6O -A<F878:"$ O81,+0 ,+86K+ 7F0/600F810=<A/6<<A1,9U>AF1K+A9781F1/<A=0F1K,+A -A<F87,8,.8UA=<0! Z:=:,A<=-A<F878:0+8<,,FOA.8<VF1K,+AA1,A<-<F0A K8A0>=/V,818<O=9:8<=-A<F878:=,9A=0,,+<AAO81,+0 =1A.-A<F878: 0+8<,,FOA.8<VF1KO=U>AKF1,+A<A=:,A<! W8.ALA< ,+A/<6/F=9/817F,F81 F00,F99,+A CA7A<=9 JKA1/U 8: N=>86<l0=00A00OA1,8:,+A -<8LF0F81=9 ;+F0+=0>AA1781AF1e69U'%%*!

*'% X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A 1=,6<A8:,+AA/818OF//F</6O0,=1/A0!;+F0O=U>A/8OAO8<A/8O-9F/=,A7 ,+A981KA<,+A>A1A:F,0=<A-=F7! ;+A9FOF,08:,+F0=--<8=/+>A/8OA/9A=<.+A1.A/810F7A<,+=,= /810F7A<=>9A-=<,8:.=KA/80,0<AO=F1.F,+,+AAO-98UA<!;+A/8O-=1U /81,F16A0,8-=U,+A.+89A.=KA:8<=116=99A=LA=17:8<1=,F81=9+89F7=U0 06/+=0X+<F0,O=0 D=0,A<8<"@=U 8LA<=UA=< ,+F0F0,+AAh6FL=9A1,8: 1A=<9U,.8 O81,+0l $ 8<7F1=<U % .=KA0!Z1=77F,F81 ,+AAO-98UA<+=0,8 -=U08/F=90A/6<F,U/81,<F>6,F810 A0-A/F=99U+A=9,+=17-A10F81F106<=1/A! R8<O=99U,+A0A/81,<F>6,F810=<A0+=<A7 .F,+A=/+0F7A-=UF1K#% -A< /A1, >6,:8<+86<0 18,.8<VA7>A/=60A 8: 0+8<,,FOA.8<VF1K ,+A AO-98UA<+=0,8 -=U :8<>8,+ 0F7A0! S1,F9,+A<A/A1,/+=1KAF1 ,+A 9AKF09=,F81,+AAO-98UA<l0819U/81/A00F81.=0,+=,,+A/81,<F>6,F810.A<A /=9/69=,A781,+A>=0F08:$%-A</A1,8:,+A+86<018,.8<VA7 ,+F0+=0 18.>AA1<A76/A7,8#%-A</A1,8:,+A/81,<F>6,F810-<ALF8609U<Ah6F<A7! W8.ALA< ,+AAO-98UA<F0AaAO-,:<8O -=UOA1,F:=.8<VA<-=<,F/F-=,A0 F1=/86<0A-<8LF7F1K=1=77F,F81=9h6=9F:F/=,F81!E8:=< ,+A0Ah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e69U'%%* ,+A<A76/,F81,8BA<8.=0<A=9FBA7:8<,+A,FOAAa/AA7F1K0FaO81,+08:0+8<, ,FOA.8<VF1K!

P8<VA<0l5FK+,0F1=1D/818OF/X<F0F0 ! GA<O=1U *'& .8<VF1K.AAVF18<7A<,8=L8F77F0OF00=90:8<A/818OF/<A=0810! ;+F0O87A9=--9FA0819UF:,+A<AF00,F99A186K+.8<V:8<3%+86<0= .AAV!Z,+=0,+A=7L=1,=KA,+=,F,/=1>A=--9FA7=908F1/=0A0F1.+F/+,+A 9=/V8:.8<VF018,OA<A9U-<8LF0F81=9! X899A/,FLA=K<AAOA1,0-<8LF7A=1 =77F,F81=9-<8,A/,F81=K=F10,7F0OF00=9 ! :8<=0981K=0,+A<A76/A70/+A769A F0F1-9=/A7F0OF00=90:8<A/818OF/<A=0810=<A-<8+F>F,A7! ]1,+A8,+A<+=17 " ,+A<A=<A O=1U7F0=7L=1,=KA0:8<,+A.8<VA<0! C8<Aa=O-9A " ,+AU7818,<A/AFLA0+8<,,FOA>A1A:F,0 " ,+AF<.=KA76<F1K =116=99A=LAF0<A76/A7=1708/F=90A/6<F,U/81,<F>6,F810 $ ,+A=O861,8: .+F/+F0FO-8<,=1,:8<:6,6<A-A10F810 % =<A/=9/69=,A7 81,+A>=0F08: .=KA0:8<3%+86<0! 5A/A1,9U " =1=77F,F81=97F0=7L=1,=KA.=0=>89F0+A7 ! F:,+AAO-98UAAK8A0,80+8<, ,FOA.8<VF1K=:,A<= -A<F87 8:<A76/A7 .8<VF1K,FOA " ,+A0+8<,,FOA=998.=1/A0=<A/=9/69=,A781,+A>=0F08:,+A 8<FKF1=9.8<VF1K,FOA! C8<Aa=O-9A " F:,+AAO-98UAA+=0<A76/A7+F08< +A<.8<VF1K,FOA:<8O3$,83%+86<0:8<0FaO81,+0=17,+A1-<8/AA70,8 0+8<,,FOA.8<VF1K81,+A>=0F08:'%+86<0 " ,+A0+8<,,FOA=998.=1/A.F99 >A/=9/69=,A781,+A>=0F08:,+A"$+86<018,.8<VA7! W8.ALA< " ,+F0VF17 8:<A76/,F81F0-800F>9A819UF:AO-98UAA0<A/AFLA<A9=,FLA9U+FK+.=KA0!Z1 ,+A/=0A8:_89V0.=KA1,+AO81,+9U.=KA<AO=F1A761/+=1KA77A0-F,A,+A .8<VF1K ,FOA<A76/,F81 " >6,=99>8160A0=17:<F1KA>A1A:F,0.A<A /=1/A99A7! % ! X76C766-8 D:0 JG:3:C7G 91-6:36 Z:0+8<,,FOA.8<VF1KF018981KA<-800F>9A " 8<F:,+A/80,8:F,.86979A=7 ,+AAO-98UA<,8>=1V<6-,/U " 7F0OF00=90:8< A/818OF/<A=0810 /=1 18 981KA<>A=L8F7A7!;+AAO-98UA<+=0,88>0A<LA/A<,=F1-A<F8708:18,F/A >A,.AA1F006F1K ,+A 9A,,A< 8: 7F0OF00=9=17 A17F1K ,+A AO-98UOA1, <A9=,F810+F-! J:,A<,A1UA=<0l0A<LF/A " :86<O81,+0=<A0,F-69=,A7 " <F0F1K ,80ALA1O81,+0=:,A<'%UA=<0l0A<LF/A! I6<F1K,+F0-A<F87,+AAO-98UA< +=0,8-=U,+A<AK69=<.=KA , 0+8<,,FOA.8<VF1KA170.F,+7F0OF00=981 ,+AK<86170,+=,,+A9=/V8:.8<VF018981KA<OA<A9U-<8LF0F81=9!

*'' X8O-=<=,FLAZ1760,<F=95A9=,F810 ! X+F1= " E86,+H8<A==17GA<O=1U # D6<8-A Z:=.8<VA< " =K<86-8:.8<VA<08<ALA1=.+89A-=<,8:,+A.8<V:8</A =<A,8>A7F0OF00A7:8<A/818OF/<A=0810,+AAO-98UA<+=0,8 O=VA+F0 0A9A/,F81F1=//8<7=1/A.F,+/A<,=F108/F=9/<F,A<F= " :8998.F1K=16O>A<8: 0-A/F:FA70,A-0!;+A:F<0,0,A-F0=1=1=9U0F08:.+F/+AO-98UAA0-A<:8<O /8O-=<=>9A:61/,F810 " A1=>9F1K08OAAO-98UAA0,8,=VA8LA<,+A.8<V8: 8,+A<0!]1/A06/+=K<86-F0F7A1,F:FA7 " ,+AAO-98UA<+=0,8=--9U:86< /<F,A<F= ! =KA " UA=<08:0A<LF/A " :=OF9U8>9FK=,F810=17+=17F/=-!;+80A .+8=<A 6 08/F=99U,+A0,<81KA0, 7 =<A,8>A7F0OF00A7:F<0, " ,+86K+.F,+,.8 Aa/A-,F810 ! -A<0810 .F,+0-A/F=9V18.9A7KAFO-8<,=1,,8,+AA1,A<-<F0A =17+FK+-A<:8<OA<0/=1>A,=VA186,8:,+AK<86-0A9A/,A7:8<7F0OF00=9! ;+A0=OA -<8/A76<A /=1>A=--9FA7 F1 8<7A<,8<A,=F1= 6 >=9=1/A7 7 .8<V:8</A /8O-80F,F81 " :8< Aa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h6F,A/8O-9Aa!;8KA,+A<.F,+,+A .8<V0/861/F9 " ,+AAO-98UA</=19=U78.1<69A0,+=,O=VA06/+0A9A/,F81 A=0FA<,8FO-9AOA1, " +8.ALA<! C8<Aa=O-9A " -8F1,0/=1>A=.=<7A7:8< UA=<08:0A<LF/A " >AF1K8LA<)%UA=<08:=KA " =170881 , ,+80A.F,+,+A 98.A0,16O>A<8:-8F1,0=<A7F0OF00A7!;+A0F,6=,F81 8:,+AAO-98UA< >A/8OA0ALA1 O8<A/8O:8<,=>9AF:+AF0=>9A,8<A=/+=K<AAOA1,.F,+,+A .8<V0/861/F981=9F0,8:1=OA08:=99,+A-A<0810,8>A7F0OF00A7!;+F0F0 18<O=99U-800F>9A819UF:,+AAO-98UAA0,8>A7F0OF00A7<A/AFLA+FK+A< /8O-A10=,F81 " >=0A781,+A08/=99A7 6 08/F=9-9=1 7 k Z1GA<O=1U " 619FVAF1 O=1U8,+A</861,<FA0 " 7F0OF00A7.8<VA<078

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J,U-F/=9DO-98UOA1,F1H8<A=\AU817,+AE,=17=<7 P8<VF1KX81,<=/, !)" 9%:0*D A&")(/(",/"8'2* RN'",'2*A&"'*N'(","8S(]*-9*&# !",'&%N'V"&Y%,-A%&''(#*7#$0"6**/ . 5A0,<F/,F81081,+A60A8: 18<A0,<F/,F810 ,AO-8<=<U.8<VA<0 J1,F7F0/<FOF1=,F81 >=1 81 7F0/<FOF1=,F81=K=F10,=,U-F/=9AO-98UAA0 $ :FaA7 ,A<O /81,<=/, " -=<, ,FOA<0=17=KA1/U AO-98UAA0 % LF0mLF0 -A<O=1A1,.8<VA<0 187A:F1F,A/9=60A81 6 Ah6=9-=U:8<.8<V8:Ah6=9L=96A 7 0A,,F1K6--<8/A76<A0:8<7A=9F1K.F,+/=0A08:7F0/<FOF1=,F81=17 7F0/<FOF1=,8<U-<=/,F/A0 819U,+A=,U-F/=9.8<VA<0/81/A<1A7 " 18,,+A,<=7A61F81<A-<A0A1,F1K ,AO-8<=<U.8<VA<0 /=1:F9A= /=0A 8: 7F0/<FOF1=,F81=K=F10, ,+AAO-98UA< NFOF,=,F8181,+A-A<F87 76<F1K.+F/+,AO-8<=<U .8<V/=1>A60A7 6-,8,.8UA=<0 ,+AAO-98UA<F08>9FKA7,8AO-98U,AO-8<=<U.8<VA<0818-A1 A17A7/81,<=/,0=:,A<,+AF</81,F16860AO-98UOA1,:8<,.8UA=<0 ZO-9AOA1,=,F818: ,+A9=. ,+<AA0,=KA08:FO-9AOA1,=,F81 !$ = % 9=<KA:F<O0.F,+ O8<A,+=1 3%% AO-98UAA0 # -6>9F/0A/,8< 8<K=1F0=,F810 "$ > % OA7F6O0FBA7 :F<O0=17 $ / % 0O=99:F<O0.F,+:A.A<,+=1"%%AO-98UAA0 :<8Oe69U'%%&,8e69U'%%* R8,A ! ;+A<A=<A0FK1F:F/=1,9FOF,=,F81081,+A60A8:=KA1/U.8<VA<0! JKA1/U.8<VA<0/=1 >A60A7F108OA"47A0FK1=,A70A/,8<0 " Aa/967F1KO=16:=/,6<F1K! ;+AVAU-<8LF0F8108:,+A1A. J/,=<A=0:8998.0!CF<0, " ,+A1A. J/,78A0 18,<AK69=,A,+A<A=0810:8<60F1K=,U-F/=9.8<VA<0 , ,+=,F0 " AO-98UA<0/=1 60A:FaA7,A<O /81,<=/,0=17 -=<,,FOA<0:<AA9U! EA/817 " ,+A 1A. J/, F1,<876/A0=1,F7F0/<FOF1=,F81 OA=06<A0:8<,AO-8<=<U.8<VA<0=17-=<, ,FOA<0,8>A=--9FA7.+A106/+.8<VA<078,+A0=OAb8>=0-A<O=1A1,81A0 >6,=<A,<A=,A761:=L86<=>9UF1,A<O08:-=U " ,A<O0=17/817F,F810!;+A<A F018/9A=<-<8LF0F81F1,+A9=. 81 6 Ah6=9-=U:8<.8<V8:Ah6=9L=96A 7" .+F/+.=0 /=99A7:8<>U ,+A ,<=7A 61F810=17 08OA Aa-A<,0 76<F1K 7F0/600F81081+8.,8<AK69=,A=,U-F/=9AO-98UOA1,!;+A9=.9=U078.1 ,+A -<8/A76<A0 .+A<A>U 7F0/<FOF1=,F81 /=0A0=<A:F9A7 " +=179A7=17 /8<<A/,A7 " F:7F0/<FOF1=,F81F0:8617,8AaF0,! J//8<7F1K,8,+A9=.=1,F 7F0/<FOF1=,F81/=0A0F1L89LF1K,AO-8<=<U8<-=<,,FOA.8<VA<0/=1>A:F9A7 819U>U,+A.8<VA<0/81/A<1A7=17,+AF<9AK=9<A-<A0A1,=,FLA0 $ 9=.UA<08< /A<,F:FA7 9=>86<=,,8<1AU0 %" >6, 18,>U ,+A<A9AL=1, ,<=7A 61F81!

!)# X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A J//8<7F1K,8,+A R=,F81=9N=>86< 5A9=,F810 X8OOF00F81 .+F/+ 7A=90 .F,+<FK+,07F0-6,A0 F1/967F1K,+A7F0/<FOF1=,F817F0-6,A08:,AO-8<=<U .8<VA<0 8<F1,A<A0,7F0-6,A0=<F0F1K:<8O AO-98UOA1,<A9=,F810+F-0>U OA=10 8: OA7F=,F81 =<>F,<=,F81=17=7b67F/=,F81 " *#)=1,F 7F0/<FOF1=,F81/=0A0.A<A:F9A7F1'%%$=981A! ;+F<7 ,+AJ/,9FOF,0,+A /81,F1686060A8::FaA7,A<O/81,<=/,0 -=<,,FOA<0=17=KA1/U.8<VA<0,8 =O=aFO6O8:,.8UA=<0!Z,0-6<-80AF0,8-<ALA1,AO-98UA<0:<8O 60F1K =,U-F/=9.8<VA<081=-A<O=1A1,>=0F0.+F9A:=F9F1K,8,<A=,,+AO 9FVA -A<O=1A1,AO-98UAA0!Z:AO-98UA<060A.8<VA<081:FaA7,A<O/81,<=/,0 -=<,,FOA<08<=KA1/U.8<VA<0/81,F168609U:8<=,9A=0,,.8UA=<0,+AU=<A 8>9FKA7,8AO-98U,+AO818-A1A17A7/81,<=/,0! C86<,+ FO-9AOA1,=,F81 8:,+A9=.F00/+A769A7,8,=VA-9=/AF1,+<AA0,=KA0 :<8O9=<KA:F<O0.F,+ O8<A,+=1 3%% AO-98UAA0=17 -6>9F/0A/,8<8<K=1F0=,F810F1e69U '%%& ,+<86K+ OA7F6O0FBA7:F<O0 ,8 0O=99:F<O0.F,+:A.A< ,+=1"%% AO-98UAA0F1e69U'%%*! J9,+86K+= 0FK1F:F/=1, 16O>A< 8: 7F0/<FOF1=,F81 /=0A0=K=F10, AO-98UA<0+=0>AA1><86K+,>A:8<A,+A N=>86< 5A9=,F810 X8OOF00F81 ,+A<A+=LA>AA1:A.+FK+-<8:F9A7F0/<FOF1=,F81/=0A0.F,+1=,F81=9FO-=/,! ;<=7A61F810,+=,<A-<A0A1, O80,9U,AO-8<=<U.8<VA<0=<K6A,+=,,+A<A =<A0FK1F:F/=1,>=<<FA<0F1,+A9=. ,8/8<<A/,F1K7F0/<FOF1=,8<U-<=/,F/A0! ;+AU=<K6A,+=,61Ah6=9,<A=,OA1,F00,F99.F7A0-<A=7 >6,F,F0 LA<U 7F::F/69,:8<,AO-8<=<UAO-98UAA0,8:F9A=06F,=K=F10,,+AF<AO-98UA<=0 ,+F0O=U-<8L8VA<A,=9F=,F81! P+=,<A=99U/810,F,6,A0 $ .8<V8:Ah6=9L=96A 8<0FOF9=<.8<V % F1<A9=,F81,8-A<O=1A1,=17,AO-8<=<UAO-98UAA0F00,F99 18,/9A=<! J//8<7F1K,8,+AR=,F81=9N=>86<5A9=,F810X8OOF00F81 ,+A/=0A0:F9A7:8<7F0/<FOF1=,F81 .A<A<A089LA7=0:8998.0 F1$#%F10,=1/A0,+A/=0A.=0.F,+7<=.1 )&&.A<A<A089LA7,+<86K+ OA7F=,F81 3'.A<A=//A-,A7=07F0/<FOF1=,F810 =17#&&.A<A<AbA/,A7! J>86,)%/8O-=1FA0.A<A F1L89LA7F1/=0A08:7F0/<FOF1=,F81F1.+F/+=16O>A<8:F17FLF76=9.8<VA<0:F9A7/=0A0=,,+A0=OA ,FOA:8<,+A0=OA<A=0810 g6=<,A<9U@A7F=,F81=17 J7b67F/=,F81 E-<F1K'%%* -6>9F0+A7>U,+A R=,F81=9N=>86<5A9=,F810X8OOF00F81 k

J,U-F/=9DO-98UOA1,F1H8<A=\AU817,+AE,=17=<7 P8<VF1KX81,<=/, !)$ $ ! ;01-.C13.:D /.Q K7G-8+:0@106 73 A:CK-076:3 U7., T10C-313. E316 ;=>9A) 0+8.0.=KA 7F::A<A1/A0>A,.AA1 ,AO-8<=<U=17 -A<O=1A1, .8<VA<0! PF,+,+AAa/A-,F818:08OA,AO-8<=<U.8<VA<0.+80A/81,<=/, .=0<A-A,F,FLA9U<A1A.A7 ,+A.=KA0 8: O80,=,U-F/=9.8<VA<0=<A 0FK1F:F/=1,9U98.A<,+=1,+80A8:-A<O=1A1,.8<VA<0! Z1-=<,F/69=< ,+A .=KA08:-=<,,FOA<0 7=F9U.8<VA<0=17,AO-8<=<U.8<VA<0.+8/=118, Aa-A/,=<A1A.=98:,+AF</81,<=/,0<A/AFLALA<U98..=KA0! 9%:0*G V%?*Z*)*0/"89*#$"&%&6 V"&Y*&/%/%A*&N*,'%?*"8 92"/*"8A*&#%,*,'V"&Y*&/ CFFI EFBA8: J99=,U-F/=9 A0,=>90+OA1, AO-98UOA1, J99,AO-8<=<U AO-98UAA0 AO-98UOA1, ;AO-8<=<UAO-98UOA1, :FaA7,A<O /81,<=/, <A-A,F,FLA<A1A.=90 5A1A.=908:,AO-8<=<U 8:,AO-8<=<U /81,<=/,018,Aa-A/,A7 /81,<=/,0 " ** 4#!4&3!%&'!)*&!4#3!" "%% '**&)!$&#!'&3!#$*!')"!$ J,9A=0,3%% &)!#&$!%&"!&"%'!4'*!" ,8,=9 43!#&"!&&%!4*&!%)&!% " ** 3"!' 4"!'&'!"#4!&#%!) "%% '** 3%!4 4$!"&$!"#%!)'&!' 3%% '%!%)'!)#%!')"!#'"!3 ;8,=9'&!*##!) 44!$#"!%))!) R8,A .=KA9ALA98:-A<O=1A1,.8<VA<0F1A=/+0FBAF0=006OA7,8>A"%% E86</A R=,F81=9E,=,F0,F/=9]::F/A '%%&!E6--9AOA1,=<UE6<LAU,8,+AE6<LAU8:D/818OF/=99U J/,FLAY8-69=,F81k ;<=7A 61F810=17 9=>86< Aa-A<,0+=LA=<K6A7 ,+=, 06/++6KA.=KA 7F::A<A1,F=90 /810,F,6,A 7F0/<FOF1=,F81=K=F10,=,U-F/=9.8<VA<0! E8OA 0/+89=<060A7 A/818OA,<F/ OA,+870,8 -<8LA,+=,=,U-F/=9 .8<VA<0=<A 06>bA/,,87F0/<FOF1=,8<U-<=/,F/A0 ALA1,=VF1KF1,8=//861,,+A1=,6<A8:

!)% X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A ,AO-8<=<U.8<VA<0lb8>0 ,A16<A=170VF990! W8.ALA< 8,+A<0=<K6A,+=, -A<O=1A1, .8<VA<0l b8>0 =<A h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b8F1=17=<A/8LA<A7>U=0,=,A-A10F81-9=1 0,=,A +A=9,+F106<=1/A=17 0,=,A 61AO-98UOA1,F106<=1/A ,+A O=b8<F,U 8: .8<VA<081=,U-F/=9/81,<=/,0:=9986,0F7A08/F=9F106<=1/A/8LA<=KA=17 =<A9A:,.F,+86,-<8,A/,F81.+A1,+AF<AO-98UOA1,/81,<=/,A170 .+A1 ,+AU:=990F/V8<.+A1,+AU<A=/+<A,F<AOA1,=KA!;+A<A+=0>AA108OA -<8K<A00:8< .8<VA<081:FaA7 ,A<O /81,<=/,0 ,AO-8<=<U.8<VA<0 .+80A08/F=9F106<=1/A /8LA<=KA+=0FO-<8LA7 06>0,=1,F=99U 8LA<,+A UA=<0 1=<<8.F1K,+A K=.F,+ -A<O=1A1,AO-98UAA0! W8.ALA< ,+A /8LA<=KA8:-=<,,FOA<0=178,+A<=,U-F/=9.8<VA<0+=0<AO=F1A70,=K1=1, =,=LA<U98.9ALA9 :=<>A98.,+A/8LA<=KA8:-A<O=1A1,AO-98UAA0!

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lO8<=9A8</8OOF,OA1,,8,+A:F<O! X8<-8<=,A.A9:=<A>A1A:F,0 =<AF1/<A=0F1K9U<AK=<7A7=0-=<,8:8LA<=99/8O-A10=,F81=17,A17,8>A -<8LF7A7ALA1 .+A<A,+A<AF018,<=7A61F81!;+A0A>A1A:F,0=<A<=<A9U -A<:8<O=1/A<A9=,A7=17=0-=<,8:,+A/8O-A10=,F81 -=/V=KA,+AU=<A :9AaF>9AA186K+:8<,+A/8O-=1U,8>A=>9A,8.F,+7<=. ,+AO=,.F99! \8160A0 .+F/+ 60A7 ,8 /8O-A10=,A AO-98UAA0=//8<7F1K ,8 /8O-=1U -A<:8<O=1/A =<A F1/<A=0F1K9U>A/8OF1K:FaA7 -=UOA1,0 O=F19U:8< -A<O=1A1,.8<VA<0! ;+AUF1/967A/=0+>8160A0 -=UOA1,8:0/+8898< 61FLA<0F,U,6F,F81:AA0:8<AO-98UAA0l/+F97<A1 <AK69=<+A=9,+/+A/V6-0 06--8<,:8<F17FLF76=9AO-98UAA0l/69,6<=9=/,FLF,FA0 :=OF9U=998.=1/A0 ,<=10-8<,=998.=1/A0 8<+89F7=U>A1A:F,0 =17 O=1U 8,+A< ,+F1K0 7A-A17F1K81,+A:F<O!;AO-8<=<U.8<VA<0=<A18,9FVA9U,8>AA1,F,9A7,8 =1U8:,+A0A/8O-=1U>A1A:F,08<.A9:=<A-<8K<=OOA0! J0;=>9A40+8.0 ,+A16O>A<8:=,U-F/=9.8<VA<0<A/AFLF1K>8160A0.=09A00,+=1+=9:,+=, 8:-A<O=1A1,.8<VA<0!

!)' X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A 9%:0*L 1*N($(*,'/"8!"&$"&%'*V*08%&*%,- V"&Y*&/U1(?2'/ R.?./'CFFH T 5A,<A1/+OA1, -=UOA1,0 \8160A0 ]LA<,FOA -=UOA1,0 Y=F7 9A=LA J997A-A17A1,AO-98UAA0 4"!)#4!4)'!)#'!$ YA<O=1A1,.8<VA<0&)!#&"!'#3!# 4#!) J,U-F/=9.8<VA<0 3#!4'&!*'%!&'$!% ,AO-8<=<U.8<VA<0#"!&)"!" 3%!')"!# :FaA7,A<O/81,<=/,0#&!*)#!3 33!4)4!" 181:FaA7,A<O 3#!$ 3%!)'"!''*!$ Y=<,,FOA.8<VA<0 3!& 3!4'!''!) ],+A<=,U-F/=9.8<VA<0 ')!3")!*""!'"#!# E86</A R=,F81=9E,=,F0,F/=9]::F/A E6--9AOA1,=<UE6<LAU,8,+AE6<LAU8:,+AD/818OF/=99U J/,FLAY8-69=,F81D=/+[A=<0F1/A'%%"! ;+A-<8-8<,F818:<A/F-FA1,08:08OA9AK=9<FK+,0=O81K=,U-F/=9.8<VA<0 <AO=F109A00,+=1+=9:,+=,=O81K-A<O=1A1,.8<VA<0!;+AU+=LAAh6=9 9AK=9A1,F,9AOA1,,8<A,<A1/+OA1,-=UOA1,0 8LA<,FOA-=UOA1,0=17-=F7 9A=LA .+F/+=<AK6=<=1,AA7:8<=99.8<VA<0 =,U-F/=98<-A<O=1A1, >U ,+A N=>86< E,=17=<70 J/, =0 981K=0 ,+A<Ah6F<AOA1,0=<A OA,! RALA<,+A9A00 =,U-F/=9.8<VA<0=<A9A009FVA9U,8A1b8U,+A0A>A1A:F,0=17 <FK+,0,+=1-A<O=1A1,.8<VA<0>A/=60A-A<O=1A1,AO-98UAA0=<A:F<0,F1 9F1A:8< 8LA<,FOA =17=,U-F/=9.8<VA<0=<A 8:,A1 18,AO-98UA7981K A186K+,8/9=FO<A,<A1/+OA1,-=UOA1,0=17-=F79A=LA >8,+<Ah6F<A=, 9A=0,81AUA=<l0/81,F168600A<LF/A kJ0=/810Ah6A1/A ,+A-<8-8<,F818: =,U-F/=9.8<VA<0.+8<A/AFLA<A,<A1/+OA1,-=UOA1,0 8LA<,FOA-=UOA1,0 =17-=F7+89F7=U0F0O6/+98.A<,+=1,+=,8:-A<O=1A1,.8<VA<0! @8<A:617=OA1,=99U ,+A<A=081.+U,+AO=b8<F,U8:=,U-F/=9.8<VA<0 =<A 18, /8LA<A7>U 08/F=9F106<=1/A 8< A1,F,9A7 ,8 /8O-=1U.A9:=<A 8LA<,FOA8<-=F79A=LA9FA0=>8LA=99F1,+A1=,6<A8:,+AA1,A<-<F0A>=0A7 AO-98UOA1, 0U0,AO!;+F0 0U0,AO 7F::A<A1,F=,A0>A,.AA1 F10F7A<0=17 86,0F7A<0! Z10F7A<0=<A AO-98UAA0.F,+ 8-A1A17A7 /81,<=/,0 .+F9A 86,0F7A<0=<A ,+A L=<F860 ,U-A0 8:=,U-F/=9.8<VA<0! Z10F7A<0

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J,U-F/=9DO-98UOA1,F1H8<A=\AU817,+AE,=17=<7 P8<VF1KX81,<=/, !** :<8O/8O-=1U.A9:=<A=178,+A<>A1A:F,0! Z106OO=<U =,U-F/=9.8<VA<0+=LA,8=9=<KAAa,A1,>AA1Aa/967A7 :<8O ,+A A1,A<-<F0A>=0A7 AO-98UOA1, 0U0,AO F1 ,A<O0 8: /8<-8<=,A .A9:=<A >A1A:F,0 08/F=9F106<=1/A=17ALA1,<=7A61F81 OAO>A<0+F-! ' ! 23 ,:561 L5>G:3.0-G.73F-6-3:.,10 B:0C:D;1CK:0-0Q JCK8:Q C13. E6>/81,<=/,F1K606=99U<A:A<0,8.8<V-A<:8<OA786,0F7A,+A/81,<=/,8<l0 -<AOF0A0!Z1+860A06>/81,<=/,F1K =0F,01=OA06KKA0,0 F1L89LA0.8<V /=<<FA786,81,+80A-<AOF0A0! Z1+860A06>/81,<=/,8<0=<A9AK=99U=17 :8<O=99UF17A-A17A1,8:,+A/81,<=/,8<>6,,8=9=<KAAa,A1,7A-A17A1, 6-81 81+FO! Z1 O=1UF10,=1/A0F1 +860A06>/81,<=/,8<0=<A=/,6=99U A0,=>9F0+A7>U ,+A /81,<=/,8<=0 9AK=99U 0A-=<=,A 61F,0 08 ,+=, ,+A /81,<=/,8< /=1 06>/81,<=/,.8<V ,8 ,+AO=0 F: ,+AU.A<A 0A-=<=,A /8O-=1FA0! Z1 9AK=9,A<O0F1+860A 06>/81,<=/,8<0=<A 7F::A<A1,:<8O 9=>86<=KA1/FA0>6,:61/,F81F1=0FOF9=<.=U! Y=<,8:-<876/,F81-<8/A00A0 =0.A99=008OAb8>0 9F1A08<:61/,F810 =<A06>/81,<=/,A7 ,8F1+860A 06>/81,<=/,8<0! Z1+860A 06>/81,<=/,F1K :F<O0 7A-A17 A1,F<A9U 6-81 /81,<=/,0.F,+ /81,<=/,F1K:F<O0=17 ,+A 76<=,F818:06>/81,<=/,0F07A,A<OF1A7 61F9=,A<=99U>U,+A/81,<=/,8<F1 O80,/=0A0! DO-98UAA08:F1+860A06>/81,<=/,F1K:F<O0.8<V0F7A>U0F7A .F,+-A<O=1A1,AO-98UAA08:/81,<=/,F1K:F<O081,+A9=,,A<l0-<AOF0A0! Z1+860A06>/81,<=/,F1KF0.F7A0-<A=7F1 O=16:=/,6<F1K=1708OA0A<LF/A 0A/,8<0! J//8<7F1K,8,+AA0,FO=,A08:=.8<V-9=/A-=1A906<LAUF1'%%# ,+A,8,=916O>A<8:.8<VA<0F1F1+860A06>/81,<=/,F1K:F<O0.=0=>86, ""' %%%=/<800=990A/,8<0! DO-98UAA08:F1+860A06>/81,<=/,F1K:F<O0=<A <AK=<7A7=00,=17=<7 AO-98UAA0 8:F1+860A 06>/81,<=/,F1K:F<O0F1= :8<O=9 9AK=90A10A >6,F1-<=/,F/A,+AU=<A,AO-8<=<U.8<VA<0!

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h6=9F,U8:-<876/,0! IF<A/, /81,<898<7F<A/,F818:,+AAO-98UAA08:F1+860A06>/81,<=/,F1K:F<O0>U ,+A /81,<=/,F1K:F<O +8.ALA< /810,F,6,A0=1 F99AK=9 60A 8:=KA1/U .8<VA<0!;+A060-F/F81F0.F7A0-<A=7,+=,F1+860A06>/81,<=/,F1K O=U =/,6=99U LAF9,+A F99AK=9 60A 8:=KA1/U.8<VA<0F1 O=16:=/,6<F1K 8< 0A<LF/A0! Z1+860A06>/81,<=/,F1K/=1>A=1A::A/,FLA.=U8:=L8F7F1K,+A7F<A/, AO-98UOA1, 8: ,AO-8<=<U.8<VA<0=17 ,+A<A>U ,+A<AK69=,F810 81

J,U-F/=9DO-98UOA1,F1H8<A=\AU817,+AE,=17=<7 P8<VF1KX81,<=/, !*" ,AO-8<=<U AO-98UOA1,! Z, /=1=908 /F</6OLA1, ,<=7A 61F810.+F/+ 8<K=1FBA,AO-8<=<U8<-A<O=1A1,.8<VA<0! Z1,+A O=16:=/,6<F1K0A/,8< ,+A60A8:=KA1/U.8<VA<0F018,-A<OF,,A7 F1+860A06>/81,<=/,F1KF081A .=U8:KA,,F1K=<8617,+F0<A0,<F/,F81!Z1+860A06>/81,<=/,F1K/=1>A=1 A=0FA<=17 O8<A:9AaF>9A>6::A<=K=F10,:=99F1K 7AO=17,+=1,+A60A8: ,AO-8<=<U.8<VA<0 76<F1K -A<F870 8: A/818OF/ /<F0F0! P+A1 06>/81,<=/,F1K<A9=,F810+F-0A17 ,+AAO-98UOA1,/81,<=/,>A,.AA1F1 +860A06>/81,<=/,F1K:F<O0=17,+AF<AO-98UAA0=908A170! ;+A<A+=0>AA108OA7A>=,A81.+A,+A<F,F01A/A00=<U,8<AK69=,A,+A 60A8:F1+860A06>/81,<=/,F1K! DO-98UAA08:F1+860A06>/81,<=/,F1K :F<O0=<A18,-<8,A/,A7=17 O=U>A OF060A7>U/81,<=/,F1K:F<O0!]1A -A<06=0FLA=<K6OA1,F0,+=,.+A<AF1 +860A06>/81,<=/,F1KF060A7=0= OA=108:=L8F7F1K,AO-8<=<UAO-98UOA1,<AK69=,F81 ,+A<AF0=1AA7,8 FO-80A 08OA 8>9FK=,F810 81 /81,<=/,8<0<=,+A< ,+=1 81 F1+860A 06>/81,<=/,F1K:F<O0!;+A<A=<A=9<A=7U 08OAF10,=1/A0 8:,+F0 :8< Aa=O-9A F1,+A/810,<6/,F810A/,8< F1.+F/+ KA1A<=9/81,<=/,8<0+=LA /A<,=F19AK=98>9FK=,F810/81/A<1F1K.8<V0=:A,U=17-=UOA1,8:,+A.=KA0 8:.8<VA<0 AO-98UA7>U ,+AF<06>/81,<=/,F1K:F<O0F:.=KA0 KA,F1,8 =<<A=<08<=0=<A069,8:F1760,<F=9F1b6<U! J08:@=</+'%%* 18OA=06<A0 +=7>AA1,=VA1,8-<8,A/,L691A<=>9A.8<VA<0F1F1+860A06>/81,<=/,F1K :F<O0! ( ! A50013. X1>-.1:3.,1 91D:0C:D ;1CK:0-0Q JCK8:Q C13.=1F768-.7:3 X6<<A1, K8LA<1OA1,-9=10 =--A=< ,8>A=FOA7=,<A:8<OF1K=,U-F/=9 AO-98UOA1,9AKF09=,F81F18<7A<,8Aa,A17,+A-A<F8776<F1K.+F/+=,U-F/=9 .8<VA<0/=1>A60A7:<8O ,.8,8:86<UA=<0=17,8=998. AO-98UA<0F1 O8<A0A/,8<0,860A=KA1/U.8<VA<0!;+A<=,F81=9A8:,+A-<8-80A7<A:8<O 8:=,U-F/=9AO-98UOA1,9AKF09=,F81F0,+A-800F>F9F,U8:O=00FLAb8>9800A0 =O81K,AO-8<=<UAO-98UAA0.+A1,+A=/,F0=--9FA7,80O=99=17OA7F6O 0FBA7:F<O0 E@D0 .F,+:A.A<,+=1"%%AO-98UAA0:<8O"e69U'%%*!

!*# X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A W8.ALA< ,+AK8LA<1OA1,l0=<K6OA1,78A018,0AAO,8>A06--8<,A7>U +=<7ALF7A1/A!;+AKF0,8:,+A<A:8<OF0 O8<A:9AaF>9A60A8:,AO-8<=<U .8<VA<0 ,+A<A>UF1/<A=0F1K,+A16O>A<8:b8>0 ALA1F:,+A1A.9U/<A=,A7 b8>0=<A819U,AO-8<=<U! J0=9<A=7U OA1,F81A7 ,+A<A.=0=981K 7A>=,A=17= 16O>A<8: /81:<81,=,F810/81/A<1F1K,+AF1,<876/,F81 8:,+A9AKF09=,F81 81=,U-F/=9 AO-98UOA1,>A,.AA1"***=17'%%4!;+AK8LA<1OA1,l0-9=1,8<A:8<O,+A 9AKF09=,F81 81=,U-F/=9AO-98UOA1,+=0 OA,.F,+ 8--80F,F81:<8O ,<=7A 61F810=17/FLF9K<86-0.+8:=L86<O8<A-<8,A/,F818:,AO-8<=<U.8<VA<0! ;+AF1,A17A7<A:8<O>F99>U,+AK8LA<1OA1,+=0<ALFLA7,+A8977A>=,A18, 819U81+8.,8<AK69=,A=,U-F/=9AO-98UOA1,>6,81+8.,8<AK69=,A,+A 9=>86<O=<VA,F1KA1A<=9!;+A,<=7A61F810=17,+A8--80F,F81IAO8/<=,F/ Y=<,U+=LA LA+AOA1,9U 8--80A7<A:8<O 8:,+A9AKF09=,F81 81=,U-F/=9 AO-98UOA1,! DLA1,+A<69F1K G<=17 R=,F81=9Y=<,U+=0>AA196VA.=<O ,8.=<7,+AK8LA<1OA1,l07<FLA,8<A:8<O,+A9AKF09=,F81!Z,F00,F9961/9A=< .+A,+A<,+AK8LA<1OA1,/=106//A00:699U<ALF0A,+A9AKF09=,F81=17,+A<A>U -<ALA1,,AO-8<=<U .8<VA<0:<8O06::A<F1K O=00FLAb8>9800A0! * ! A:3G8567:36 ;+A9=>86< O=<VA,F1 H8<A=+=0>A/8OA-89=<F0A7=0,+A-<8-8<,F818: =,U-F/=9.8<VA<0+=0 F1/<A=0A7=0=<A069, 8: O=<VA, 8-A1F1K 7A<AK69=,F81 F1,A10A/8O-A,F,F81F1<A9=,F81,8/80,0=17h6=9F,U =17:<AA O8LAOA1,8:/=-F,=9 A0-A/F=99U:F1=1/A/=-F,=9! PA/=118,=LA<,86<AUA0 :<8O,+A<A=9F,U8:9=<KAK=-0>A,.AA1-A<O=1A1,=17=,U-F/=9.8<VA<0 =0 .A99=0>A,.AA1AO-98UAA0=,9=<KA:F<O0=17,+80A=,0O=9981A0F1,A<O0 8:.=KA9ALA90 =17/8LA<=KA8:08/F=9F106<=1/A=17/8<-8<=,A>A1A:F,0 .A9:=<A!@8<A8LA< ,+A /6<<A1, A/818OF/ /<F0F0+=0>=79U+F, ,+A AO-98UOA1, 8: O=1U 0A9:AO-98UA7=17=,U-F/=9.8<VA<0!;+A K=-0 >A,.AA1,+A,.8+=LA=908F1/<A=0A7=0=<A069,8:,+AA1,A<-<F0A>=0A7 AO-98UOA1, 0U0,AO F1 H8<A=!;+A<A F0=1 6<KA1, 1AA7 ,8 ,=/V9A -89=<F0=,F81=17,+AL691A<=>F9F,U8:=,U-F/=9.8<VA<0F1,+AH8<A=19=>86<

J,U-F/=9DO-98UOA1,F1H8<A=\AU817,+AE,=17=<7 P8<VF1KX81,<=/, !*$ O=<VA,! ;+A81K8F1K/899=-0A8:,+AK98>=9:F1=1/F=90U0,AO 0+8.0,+=,,+A Aa/A00A0 8: 1A89F>A<=9F0O+=LA -<876/A7 A/818OF/>6>>9A0=17 -89=<F0=,F81=1708/F=9F1Ah6=9F,FA0 ,88!;+A:F1=1/F=9/<F0F0+=0F1/<A=0A7 ,+A16O>A<8:>=1V<6-,/FA0=179A7,8=7A/9F1AF1/8106OA<7AO=17 .F,+ =06>0Ah6A1,F1/<A=0AF161AO-98UOA1,!@8<A8LA< ,+A/6<<A1,A/818OF/ 78.1,6<1.F99-<8>=>9U.F7A1 ,+A K=-0ALA1:6<,+A< >A/=60A=,U-F/=9 .8<VA<0=17.8<VA<0=,E@D0=<A,+A:F<0,,8980A,+AF<b8>0=1708+=LA,8 >A=<,+A>961,8:,+A/<F0F0! RA. A/818OF/<A0/6A -=/V=KA0 =17 0,FO6960 OA=06<A0=<A>AF1K FO-9AOA1,A7F18<7A<,8<A/,F:U,+A7A>,0F,6=,F81=17-89F/U:=F96<A0!Z1 9FK+,8:,+A0A:617=OA1,=9/+=1KA0 K8LA<1OA1,-89F/FA00+869718,819U >A7F<A/,A7,8.=<708LA</8OF1K O=<VA,:=F96<A0>6,=908,=VA/=<A8:,+A 08/F=99U L691A<=>9A O8<A 0U0,AO=,F/=99U! CF<0, 8:=99 ,+A /6<<A1, K8LA<1OA1,0+86970,8-F,0=,,AO-,,8<ALF0A,+A9AKF09=,F81 81=,U-F/=9 AO-98UOA1,=17F10,A=7 :8/6081+A9-F1K,+A61AO-98UA7=17=,U-F/=9 .8<VA<0 060/A-,F>9A ,8 ,+A /<F0F0! EA/8179U ,8=77<A00 ,+A 9=<KA 7F::A<A1/A0=17 7F0/<FOF1=,F81>A,.AA1=,U-F/=9=17 -A<O=1A1, AO-98UOA1, .A1AA7,8-6,F1-9=/A=/8O-<A+A10FLA=1761FLA<0=908/F=9 0A/6<F,U0U0,AO,8/8LA<=,U-F/=9.8<VA<0F1-9=/A8:,+A/6<<A1,A1,A<-<F0A >=0A7AO-98UOA1,0U0,AO ,+=,/8LA<0 O=F19U-A<O=1A1,AO-98UAA0=, 9=<KA=17 OA7F6O0FBA7:F<O0! ;8KA,+A<.F,+K8LA<1OA1,A::8<,0 OA1,F81A7=>8LA ,<=7A61F810F1 H8<A=O60,=908:<AA,+AO0A9LA08:,+AA1,A<-<F0A >=0A70,<=FK+,b=/VA, 8<K=1F0A=17F1,AK<=,A=,U-F/=9.8<VA<0F1,+AF<8<K=1F0=,F810=17<A A0,=>9F0+ ,+AO0A9LA0=0 O8<AF1/960FLA>87FA0! W8.ALA< F, O=U>A FO-800F>9A,8<A:8<O,+AA1,<A1/+A7A1,A<-<F0A>=0A7AO-98UOA1,0U0,AO =17>6F97= O8<AF1,AK<=,FLAAO-98UOA1,0U0,AO:<8O 0/<=,/+! PA.F99 -<8>=>9U>A/8O-A99A7,8<A9U81= OFaA7A1,A<-<F0A>=0A7=1708/F=99U F1,AK<=,FLA0U0,AOF1.+F/+,+A0,=,AK6=<=1,AA008OA08/F=90A/6<F,U:8< =,U-F/=9.8<VA<0 .+F9AA1,A<-<F0A0-<8LF7A O8<A/8<-8<=,A>A1A:F,0:8< -A<O=1A1,.8<VA<081,8-8:08/F=90A/6<F,U!

!*% X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A S1:8<,61=,A9U ,+A/6<<A1,K8LA<1OA1,l0-89F/U8>bA/,FLA0=<A18,,8 /8<<A/,7F0/<FOF1=,8<UA9AOA1,0 =99ALF=,A-89=<F0=,F81=170A/6<AOF1FO6O 9FLF1K0,=17=<70:8<,AO-8<=<U.8<VA<0=17,+AL691A<=>9A >6,,8 O=VA ,+A9=>86<O=<VA,O8<A:9AaF>9A=17,8<A76/A1=,F81=9OF1FO6O.=KA0:8< 897A<-A8-9A! ;+A<=,F81=9A>A+F17,+A1A. -89F/FA0F0,+=,,+AU .F99 /<A=,AO8<A F:18,7A/A1,b8>0!;+AK8LA<1OA1,+=0/9=FOA7,+=,.+=,F0 -=<,F/69=<9U1AA7A7F1,+A/6<<A1,A/818OF//<F0F0F0,8/<A=,A=17-<8LF7A O8<Ab8>0 F<<A0-A/,FLA8:h6=9F,U!;+AK8LA<1OA1,+=0O=7A08OA<=,+A< 7A069,8<UA::8<,0,806--8<,,+A08/F=99U.A=V=1761AO-98UA7! J99F1=99 F,0=--<8=/+,808/F=9-89F/UF00,F99-=,/+U=171A89F>A<=9F1F,08<FA1,=,F81! @=1U,<=7A61F810 F1/967F1KA1,A<-<F0A9ALA961F810 =<A9F,,9AF1,A<A0,A7 F11A. F7A=0=>86,F1/960FLA,<=7A 61F81F0O=17,+A>6F97F1K 8: O8<A /8O-<A+A10FLA08/F=90A/6<F,U0U0,AO0 =17O=U<A0F0,089F7=<F,U8>bA/,FLA0 =17<A,<A=,.F,+F1,+A>8617=<FA08:,+AF<A1,A<-<F0A!;+F0A1,A<-<F0A 8<FA1,A71A008: H8<A=1,<=7A61F810F08:,A1-<=F0A7>UAO-98UA<0 ,+A O=00OA7F==17K8LA<1OA1,8::F/F=90 >6,,+AULFA.,+A1A.,<=7A61F81 =,,AO-,0,8<A8<K=1F0A=0F1760,<U61F8100/A-,F/=99U=17=1,=K81F0,F/=99U! ;+A<A0,F990AAO ,8>A O=1U+6<79A0F1,+A.=U8: O8<A/8O-<A+A10FLA AO-98UOA1,0U0,AO0/8LA<F1KO80,=,U-F/=9.8<VA<0! IA0-F,A,+A<A/A1,-<8K<A00F1,<F-=<,F,A=K<AAOA1,081.8<V0+=<F1K =178,+A<,+F1K0 F,<AO=F10,8>A0AA1.+A,+A<<A/A1,A::8<,0>U,<=7A 61F81<A-<A0A1,=,FLA0 AO-98UA<0l<A-<A0A1,=,FLA0 K8LA<1OA1, 8::F/F=90 =1708OA9=>86<Aa-A<,0<A-<A0A1,F1K ,+A -6>9F/F1,A<A0, ,8+A9- ,+A /861,<U 06<LFLA ,+A A/818OF/ 78.1,6<1>U O=F1,=F1F1K ,+A AaF0,F1K A1,A<-<F0A>=0A7AO-98UOA1,0U0,AO .F99+A9-L691A<=>9A.8<VA<08<18,! ;+AF1F,F=,FLA07<FLA1>U,+AK8LA<1OA1,0AAO ,8+A9-:<AABF1K8:.=KA0 =17/6,,F1K8:0=9=<FA08:1A.9U<A/<6F,A7K<=76=,AAO-98UAA0>6,7818, R=,F81=9@F1FO6O P=KA0=<A06--80A7,8>A=--9FA7,8.8<VA<0=/<800=990A/,8<0!;+A 1A.-9=1,898.A<R=,F81=9@F1FO6O P=KA0>U"%-A</A1,:8<-A8-9A=KA74%UA=<0=178LA<.=0 7A0FK1A7,8F1/<A=0A,+AAO-98UOA1,8:897A<-A8-9A! W8.ALA< ,+AK8LA<1OA1,l0-9=1+=0>AA1 +A=LF9U/<F,F/F0A7 18,b60,>U,<=7A61F810>6,>U8,+A<K<86-0=0.A99!

J,U-F/=9DO-98UOA1,F1H8<A=\AU817,+AE,=17=<7 P8<VF1KX81,<=/, !*& =77<A00981K.8<VF1K ,FOA=17 /81,=F1 18 O8OA1,6O:8< 0+8<,A1F1K .8<VF1K+86<0=170+=<F1K.8<V=O81K.8<VA<0! 1*8*&*,N*/ R=,F81=9E,=,F0,F/=9]::F/A '%%&=17'%%$ E6--9AOA1,=<U E6<LAU,8,+AE6<LAU8: D/818OF/=99UJ/,FLAY8-69=,F81 J6K60, k H8<A=N=>86<Z10,F,6,A '%%4 P8<V-9=/AY=1A9E6<LAU!

O*6",-'2*3'%,-%&-Z%:".&!",'&%N' 7]$*&(*,N*/8&"# 5*&#%,6 P89:K=1KIM6>9A< ! Z1 PA0,A<1D6<8-A ,+A7ALA98-OA1,8:9=>86<9=.0F1/A,+AEA/817P8<97 P=</A1,<A781,+A08/=99A7 $ 0,=17=<7AO-98UOA1,<A9=,F810+F:699 ,FOA.8<V:8<=1 F17A:F1F,A -A<F87 =,= -9=/A 8: AO-98UOA1,.+A<A <A-<A0A1,=,F818:,+A.8<VA<0lF1,A<A0,0F0=,9A=0,-800F>9A!;+A0=9=<U .F9918<O=99U>A06::F/FA1,:8<=7A/A1,9F:A:8<>8,+,+A.8<VA<=17+F08< +A<:=OF9U! ;+F0VF178:9=>86<<A9=,F810+F-18,819U-<8LF7A008/F=9-<8,A/,F81,8 .8<VA<0>6, F1 O80, /=0A0 =908 0A<LA0 ,+AF1,A<A0, 8: AO-98UA<0! DO-98UAA0l -<876/,FLF,U F1/<A=0A0 ,+A 981KA< ,+AU 0,=U.F,+ ,+A A1,A<-<F0A =O81K 8,+A<<A=0810 >A/=60A ,+AU /8OA ,8 F7A1,F:U ,+AO0A9LA0.F,+,+AF<b8>!;+F0F0/810F7A<A7,8>A81A8:,+A>A0,.=U08: KA1A<=,F1KF118L=,F81! ;+A0,=17=<79=>86<<A9=,F810+F-F0 0,F99,+A 78OF1=1, -=,,A<1F1 PA0,A<1/861,<FA0 >6,F,0FO-8<,=1/A+=07FOF1F0+A7 8LA<,+A9=0,'% UA=<0! ;+A -<8-8<,F81 8: $ =,U-F/=9 % 9=>86<<A9=,F810+F-0+=0 K<8.1 /810F7A<=>9U=1718./8O-<F0A06-,881A,+F<78:,+A.+89A.8<V:8</A =17F1 ,+A S1F,A7 HF1K78O ALA1 O8<A! Z1.+=,:8998.0 .A 0+=99

\AU817,+AE,=17=<7N=>86<X81,<=/, Da-A<FA1/A0:<8O GA<O=1U !*( 7A0/<F>A,+A O=F1:A=,6<A08:,+A0A $ 1A. % :8<O08:AO-98UOA1,! CFLA -=,,A<100AAO,8>A,+AO80,FO-8<,=1, " Y=<,,FOA/81,<=/,0 ,+A.AAV9U.8<VF1K+86<0=K<AA76-81=<A9A00 ,+=1,+A+86<018<O=99U.8<VA7F1,+A><=1/+! ' CFaA7 ,A<O /81,<=/,0 ,+F0:8<O /8O-<F0A0AO-98UOA1,/81,<=/,0 .+F/+Aa-F<A=,=/A<,=F17=,A8<.+F/+A17=:,A<=,=0V+=0>AA1 /8O-9A,A7! 3 ;AO-8<=<U=KA1/U.8<V ,+AAO-98UA<F0=1=KA1/U.+F/+0A170F,0 AO-98UAA0,87F::A<A1,:F<O0=,,+AF<<Ah6A0,! ) P8<VF10O=99A1,A<-<F0A0 F1.+F/+16OA<8609=>86<9=.<69A07818, =--9U617.+A<Ab8F1F1K=61F81F07F::F/69,! # EA9:AO-98UA7.8<VA<0.+87A-A178181AO=b8</60,8OA<! " ! T-0..7C1+:0@ R8<O=99U ,+A76<=,F818:-=<,,FOA.8<V<=1KA0:<8O"%,8'%+86<0= .AAV >6, 7F::A<A1,:<8O X+F1A0A9=. ,+A<AF0180-A/F:F/,FOA9FOF,! J1 DS IF<A/,FLA-<8+F>F,0=1U7F0/<FOF1=,F81=K=F10,-=<,,FOAF1/8O-=<F081 ,8:699,FOA.8<VA<0! Y=<,,FOA<0O60,>A-=F7,+A0=OA=O861,8:O81AU -A<+86<=17O60,+=LA,+A0=OA-<8,A/,F81=K=F10,7F0OF00=9! Da/A-,F810 /=1>AO=7A819U81<A=081=>9AK<86170!Z1D6<8-A O80,-=<,,FOA<0=<A .8OA1 08 ,+=, ,+A h6A0,F81 =908=<F0A0.+A,+A< ,+A<A F0 F17F<A/, 7F0/<FOF1=,F81>U<A=0818:0Aa .+F/+/=1>Ab60,F:FA7819U617A</A<,=F1 /817F,F810! IA0-F,A,+F0VF178:-<8,A/,F81 +8.ALA< -=<,,FOA.8<VA<0 18<O=99U/=118,A=<1=9FLF1K>=0A781,+AF<.=KA0!;+F0-+A18OA181 /8697>A7A0/<F>A7=0 $ F1+A<A1, =17617F0-6,A7 7F0/<FOF1=,F81>U,+A LA<U1=,6<A8:,+AAO-98UOA1,<A9=,F810+F-! Z1 GA<O=1U ,+A9AKF09=,8<+=0A0,=>9F0+A7 0-A/F=9<69A0:8<-=<, ,FOA<0.+87818,A=<1O8<A,+=1)%%A6<80=O81,+!;+AU=<A18<O=99U -A8-9A.8<VF1K 6-,8"% 8<"'+86<0=.AAV!;+AU=<A819U -=<,F=99U F1,AK<=,A7F1,8,+A08/F=90A/6<F,U0U0,AO=17 ,8=/810F7A<=>9AAa,A1,

!!) X8O-=<=,FLAZ1760,<F=95A9=,F810 X+F1= E86,+H8<A==17GA<O=1U D6<8-A AaAO-,:<8O,=aA0!;+F0F0,+A/=0A ALA1F:,+A)%%A6<8/81,<=/,F0819U= 0A/817b8>=17,+AO=F1AO-98UOA1,-<8LF7A006::F/FA1,F1/8OA!;+A0,=,A 06>0F7F0A0,+F0VF178:AO-98UOA1, ALA1.+A<AF,F018,1A/A00=<U! ;+AAa,A1, 8:,+A 06>0F7F0=,F81>A/8OA0 /9A=<F:.A ,=VA 08/F=9 0A/6<F,U /81,<F>6,F810 F1,8=//861,=17 /8O-=<A ,+AO.F,+.+=,F0 18<O=99U-=F7617A<,+A0,=17=<7 :699,FOA AO-98UOA1,<A9=,F810+F-! ;+AKA1A<=9<69AF0,+=,+=9:8:,+A08/F=90A/6<F,U/81,<F>6,F81F0-=F7>U ,+AAO-98UA<=17,+A8,+A<+=9:>U,+AAO-98UAA!;+A,8,=9=O861,O=VA0 6- O8<A,+=1)%-A</A1,8:.=KA/80,0!Z:,+A O81,+9U0=9=<UF03 %%% A6<80 ,+AAO-98UA<.F99+=LA,8-=U08OA4%%A6<80F108/F=90A/6<F,U /81,<F>6,F810 .+F9A=18,+A<4%%A6<80=<A7A76/,A7:<8O ,+A.8<VA<l0 0=9=<U=17,<=10:A<<A7,8,+A08/F=90A/6<F,U 0U0,AO! Z1=77F,F81 ,+A AO-98UAA+=0,8 -=U,=aA0 7A-A17F1K 81:=OF9U 0F,6=,F81 .+F/+ /=1 A=0F9U=O861,,8=18,+A<4%%A6<80! X8O-=<A,8,+F0,+A/=0A8:=)%%A6<8/81,<=/, 819U'$-A</A1,+=0 ,8>A-=F7F108/F=90A/6<F,U/81,<F>6,F810=17,=aA0 O=VA6-819U'-A< /A1,!;+=,O=VA0,+F0VF178:b8>O6/+9A00Aa-A10FLA!;+A7A,=F908:,+A <69A0=<Ah6F,A/8O-9Aa=177F0/600F818:,+AO K8A0>AU817,+A0/8-A8: ,+F0/+=-,A<!;+A/81/A-,+=0>AA1/<F,F/F0A7:8</<A=,F1K=98. .=KA 0A/,8<.+F/+ 7A:A<0/6<<A1,-<8>9AO0,8,+A:6,6<A =0.8<VA<0F1,+F0 AO-98UOA1,/=,AK8<UK<8.897A<,+AU.F9918,<A/AFLA=06::F/FA1,-A10F81 +=LF1K-=F7819ULA<U O87A0,/81,<F>6,F810 =17.F99>A:8</A7,8<A9U81 F1/8OA06--8<,! Y=<,,FOA.8<VA<08:,A1:=/A-<8>9AO08.F1K,8,+A:9AaF>F9F,U8:,+AF< .8<VF1K,FOA!;+F0F0-=<,F/69=<9U,+A/=0A.F,+08/=99A7 $ 81/=99.8<V % k ;+AAO-98UAAO60,.8<V :8<F10,=1/A ,A1+86<0=.AAV>6,,+A0-A/F:F/ 0/+A769A F0 7A,A<OF1A7>U ,+A AO-98UA< +A O=U /+880A@817=U =:,A<1881 PA71A07=U O8<1F1K=17 E=,6<7=UALA1F1K8< =9,A<1=,FLA9U 0Fa+86<081;6A07=U=17,.8+86<081>8,+;+6<07=U=17C<F7=U! J-=<, :<8O=1U,+F1KA90A ,+A61/A<,=F1,U8:.8<VF1K+86<0O=VA0F,FO-800F>9A ,8,=VA6-=0A/817-=<,,FOAb8>617=908 O=VA0O=F1,=F1F1K=1U08<,8: .8<V9F:A>=9=1/ALA<U7F::F/69,!Z1GA<O=1U ,+A9AKF09=,8<+=0F1,A<LA1A7

\AU817,+AE,=17=<7N=>86<X81,<=/, Da-A<FA1/A0:<8O GA<O=1U !!* >U<A0,<F/,F1KAa,<AOA:8<O08::9AaF>F9F,U! Z,F0 O=17=,8<U,8:Fa,+A OF1FO6O.AAV9U.8<VF1K,FOAF1,+A9=>86</81,<=/, , F1/=0A0.+A<A,+F0 +=018,>AA1781A " "%+86<0=<A=6,8O=,F/=99U/810F7A<A7,8>A-=<,8:,+A =K<AAOA1,!Z1=77F,F81 " =.8<VF1K-A<F87 O60,18,>A0+8<,A<,+=1,+<AA +86<0=17,+A.8<VA< O60,>AF1:8<OA7=,9A=0,:86<7=U0F1=7L=1/A! ;+A0AOF1FO6O-<8LF0F8107818,+A9-LA<UO6/+ " +8.ALA< " >A/=60A-=<, ,FOA<081/=99=<A18<O=99U98. h6=9F:FA7-A8-9A.F,+86,=1U>=<K=F1F1K -8.A< , ,+AU=<A619FVA9U,8K8,8/86<,,8F1L8VA,+AF< $ O87A0, % <FK+,0!Z1 A0,=>9F0+OA1,0.F,+.8<V0/861/F90 " ,+A0F,6=,F81 O=U>A>A,,A<>A/=60A ,+A.8<V0 /861/F9+=0=<FK+, 8:/87A,A<OF1=,F81.F,+<AK=<7 ,8 ,+A >AKF11F1K=17A17F1K8:.8<VF1K,FOA=17/=1,+A<A:8<A0AAV=<A=081=>9A ,FOA,=>9A!]19U=>86,#%-A</A1,8:GA<O=1AO-98UAA0=<A<A-<A0A1,A7 >U.8<V0/861/F90 " +8.ALA<! # ! B7V14.10C A:3.0-G.6 J//8<7F1K,8=1DS IF<A/,FLA8:"*** " :FaA7,A<O/81,<=/,0=<A=7OF00F>9A 819U 617A< /A<,=F1 /817F,F810! W8.ALA< " 06/+ /817F,F810 /=1 A=0F9U >AOA,! ;8,=VA GA<O=19=.=0=1 Aa=O-9A " ,+A<A=<A,.8 /=,AK8<FA0 8: /817F,F810! ;+A:F<0,K<86-8:/817F,F810.+F/+=998.:FaA7,A<O /81,<=/,0/=990 :8< 6 <A=081=>9AK<86170 7 k;+A<AF0=181Aa+=60,FLA/=,=98K6AF1,+A9=. " <=1KF1K:<8O,+A<A-9=/AOA1,8:=1=>0A1,.8<VA<,8= 6 -<8bA/, 7 .+F/+ <Ah6F<A0=9FOF,A7,FOA!;+AAa-9F/F,7A0F<A8:=.8<VA<.+8<Ah6A0,0:FaA7 ,A<O AO-98UOA1,=17F018,F1:96A1/A7>U,+AAO-98UA<.F99=908>A 06::F/FA1,! ;+A0A/817K<86-8:<69A078A018,<Ah6F<A 6 <A=081=>9AK<86170 7" >6, 819U=,FOA9FOF,!;+A<A=<A,+<AAO=F1/=0A0,8>A/810F7A<A7!Z1KA1A<=9 " DS IF<A/,FLA0=<A>F17F1K81@AO>A<E,=,A0 " 8>9FKF1K,+AO,8,<=10-80A,+AF</81,A1,0 F1,81=,F81=99=.!

!!! X8O-=<=,FLAZ1760,<F=95A9=,F810 ! X+F1= " E86,+H8<A==17GA<O=1U # D6<8-A :FaA7,A<O/81,<=/,0=<A9AK=9F:,+AU7818,Aa/AA7,.8UA=<0! W8.ALA< " 1A.9U:8617A7A1,A<-<F0A0=<AK<=1,A70-A/F=9-A<OF00F81,8Aa,A17:FaA7 ,A<O/81,<=/,06-,8:86<UA=<0!Z:=1AO-98UA<<A/<6F,0=1AO-98UAA.+8 F0897A<,+=1#' UA=<08:=KA " ,+A:FaA7 ,A<O /81,<=/,/=1>A:6<,+A< Aa,A17A76-,8:FLAUA=<0!Z1=99,+<AA/=0A0 " 0+8<,A<-A<F870=<A-800F>9A! Z1,+A:F<0,/=0A " =/81,<=/,8::A.A<,+=1,.8 UA=<0/=1 >A:8998.A7 FOOA7F=,A9U>U6-,8,+<AA06//A00FLA0+8<,,FOA/81,<=/,0=0981K=0,+A ,8,=976<=,F8178A018,Aa/AA7,.8UA=<0!Z1,+A,.88,+A</=0A0 " ,+A<AF0 189FOF,81,+A16O>A<8::8998. 6-/81,<=/,0 " >6,,+AU O60,18,>A 981KA<,+=1=,8,=98::86<8<:FLAUA=<0 " <A0-A/,FLA9U! P8<VA<0.F,+:FaA7,A<O /81,<=/,0+=LA,+A0=OA<FK+,0=0.8<VA<0 .F,+ 0,=17=<7 AO-98UOA1,<A9=,F810+F-0! J0= KA1A<=9 <69A " =1U 7F0/<FOF1=,F81 F0:8<>F77A1 " >6,=1 Aa/A-,F81 F0 O=7A F: ,+A<A=<A 6 <A=081=>9AK<86170 7 kW8.ALA< " ,+A-<F1/F-9A8:Ah6=9,<A=,OA1,=--9FA0 819U,8,+A-A<F878:,+A:FaA7,A<O/81,<=/,! ;+A:=/,,+=,,+A/81,<=/,F0 9FOF,A7F0F,0A9:1ALA<<AK=<7A7=0=1F10,=1/A8:7F0/<FOF1=,F81! W8.ALA< " ,+A:617=OA1,=97F0=7L=1,=KA8:06/+AO-98UOA1,F08>LF860 ! AO-98UAA0 =<A18<O=99UF1 7=1KA<8:>A/8OF1K 61AO-98UA7=:,A<,+AAa-F<U 8:,+A /81,<=/,=17,+AUO=U18,7=<A,8AaA</F0A,+AF<9=>86<9=.<FK+,0F18<7A< 18,,8bA8-=<7F0A,+A08OA,FOA0 LA<U 0O=99/+=1/A 8:Aa,A17F1K ,+AF< /81,<=/,=17<AO=F1F1K981KA<=,,+A/6<<A1,.8<V-9=/A!;+F0>A/8OA0 /9A=<F1-=<,F/69=<F1,+A GA<O=10U0,AO! WA<A " ,+AFO-9AOA1,=,F818: 9=>86<9=.<69A0<A9FA081.8<VA<0F1L8VF1K,+AF<<FK+,0F1/86<, , .F,+,+A Aa/A-,F818:+A=9,+ -<8,A/,F81 " 9=>86<F10-A/,8<0+=LA 18=6,+8<F,U,8 /+A/V.+A,+A<,+A<69A0+=LA>AA18>0A<LA78<18,! $ ! ;1CK:0-0Q /F13GQ+:0@106 Y<FL=,A=KA1/FA0AO-98UF1K.8<VA<0=170A17F1K,+AO,88,+A<A1,A<-<F0A0 .A<A9AK=9F0A7819UF1"*&' " .+A1,+AGA<O=1X810,F,6,F81=9X86<,<69A7 ,+=,,+F0VF178:=/,FLF,U/8697>A<AK=<7A7617A<,+A:<AA78O,8-6<06A= -<8:A00F81 " K6=<=1,AA7 >U J<,F/9A"' 8:,+A X810,F,6,F81! P+A1 ,+A

\AU817,+AE,=17=<7N=>86<X81,<=/, Da-A<FA1/A0:<8O GA<O=1U !!" GA<O=1Y=<9F=OA1,,88V6-,+AX86<,l0<69F1K " F,<A0,<F/,A7=KA1/U.8<V ,8/=0A08:,AO-8<=<U7AO=1718,Aa/AA7F1K,+<AAO81,+0!;+F0<69A.=0 F1,A17A7,8-<ALA1,,+A60A8:=KA1/U.8<VA<00FO-9U,8<A-9=/A.8<VA<0 .F,+0,=>9A9=>86<<A9=,F810+F-0!;+A7=1KA<8::699,FOA .8<VA<0>AF1K 06>0,F,6,A7>U=KA1/U.8<VA<0+=0=9.=U0>AA106>0,=1,F=9 " =0,+A9=,,A< 18<O=99UA=<1)%-A</A1,9A00! J:,A<"*$' " ,+A981KA0,-A<F87:8<.+F/+ 08OA81AO=U9AK=99U.8<V=,=18,+A<:F<O.=00A,=,0FaO81,+0 " >6,9=,A< <=F0A7,81F1AO81,+0=17,+A181AUA=<!Z1'%%" " ,+A-A<F87.=0Aa,A17A7 ,8,.8UA=<0 " .F,+,+A<A0,<F/,F81,+=, " 76<F1K,+A0A/817UA=< " ,+A=KA1/U .8<VA<.=0A1,F,9A7,8Ah6=9-=U=17Ah6=9,<A=,OA1,F1/8O-=<F081,8 .8<VA<0F1=0,=17=<7AO-98UOA1,<A9=,F810+F-F1,+A/8O-=1U.+A<A,+A .8<V.=0 -A<:8<OA7! Z1'%%3=17'%%) " =KA1/U.8<V.=0=K=F1 6 9F>A<=9F0A7 7, 0F1/A,+A1 " 18,FOA9FOF,+=0>AA1=--9FA7!],+A<-<8,A/,FLA <69A0.A<A=908=>89F0+A7!;+A819U08/F=9 6 /8O-A10=,F81 7 :8<=KA1/U .8<VA<0.=0,+A9AK=97AO=17,+=,,+AAh6=9-=U=17 Ah6=9,<A=,OA1, -<F1/F-9A0+8697>A8>0A<LA7:<8O,+A:F<0,7=U!Z1-<=/,F/A " +8.ALA< " ,+A /9=60A081Ah6=9-=U=17Ah6=9,<A=,OA1,.A<A7AL8F78:06>0,=1/A>A/=60A ,+A9=.=908 -<8LF7A7 ,+=, /899A/,FLA=K<AAOA1,0 /8697 0A, 7F::A<A1, /817F,F810! DO-98UA<0Aa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a-=10F818:=KA1/U.8<V+=0>AA1=1FO-8<,=1,:=/,8<F1<A76/F1K=LA<=KA .=KA/80,0F1GA<O=1U!;+A-<F/A-=F7>U=KA1/U.8<VA<0+=0>AA1h6F,A +FK+ ! ,+AU+=LA+=7,8=//A-,98.A<.=KA0 " .+A1<AK69=<AO-98UAA0.A<A =>9A,8=,,=F1 $ =9>AF,O87A0, % .=KAF1/<A=0A0! JKA1/U.8<VA<0+=LA>AA1

!!# X8O-=<=,FLAZ1760,<F=95A9=,F810 ! X+F1= " E86,+H8<A==17GA<O=1U # D6<8-A 7A0/<F>A7=00A/817/9=00AO-98UAA0!;+F0+=0>AA1AO-+=0F0A7UA,=K=F1 76<F1K,+A/6<<A1,A/818OF//<F0F0!;+A 8LA<=9916O>A< 8:,AO-8<=<U =KA1/U.8<VA<0:A99:<8O$%% " %%%F1e69U'%%$,8#%% " %%%F1@=</+'%%*! R8,819U=<A,+AU-88<9U-=F7 " >6,,+AF<<F0V8:61AO-98UOA1,F0 O6/+ +FK+A<! % ! +:0@ 73 LC-88 J3.10K07616 J,<=7F,F81=9K<86-8:617A<-<FLF9AKA7.8<VA<0=<A,+80A.8<VF1KF10O=99 A1,A<-<F0A08:6-,8'%AO-98UAA0!;+AU06::A<7F0=7L=1,=KA0>8,+9AK=99U =17F1-<=/,F/A! Z1 O=1U /861,<FA0 " ,+A -<8,A/,F81 8:9=>86<9=.0=--9FA0 819U,8 /8O-=1FA0=>8LA=/A<,=F10FBA! Z1 GA<O=1U " ,+A 6 KA1A<=9<69A 7 ,+=,= 7F0OF00=9O60,>A 6 08/F=99Ub60,F:FA7 7 =--9FA0819U,8A0,=>9F0+OA1,0.+F/+ AO-98U O8<A,+=1"%.8<VA<0!;+AA0,=>9F0+OA1,8:=.8<V0/861/F9 <Ah6F<A0=,9A=0,:FLAAO-98UAA0 , F108OA8,+A</861,<FA0 " ,+A,+<A0+897:8< 06/+.8<VA<0l<A-<A0A1,=,F81F0ALA1+FK+A<! Z10O=99/8O-=1FA0 " F,F0606=99UO8<A7F::F/69,,8/9=FO/A<,=F1<FK+,0 " ALA1.+A1,+AU=<A9AK=99UK<=1,A7!Z:,+A0=9=<UF018,-=F7 " ,+A.8<VA< O=U+=LA 7F::F/69,FA08>,=F1F1KF, ! AO-98UAA0,=VF1K,+AF<AO-98UA<,8 /86<, O=U:=/A=99 VF170 8:<A-A</600F810 " F1/967F1K 7F0OF00=9! J /8O-=<=>9A 0F,6=,F81 OFK+,=<F0A F:=.8<VA< F1:8<O0 ,+A 9=>86< F10-A/,8<=,A,+=,=+A=9,+-<8,A/,F81<69AF018,>AF1K8>0A<LA7! P8<VA<0F10O=99/8O-=1FA07818,+=LA-<8,A/,F81:<8O,<=7A61F810 8<.8<V0 /861/F90=17 " ,+A<A:8<A " 7A-A17 81 ,+A K887 .F99 8:,+AF< AO-98UA<! J0=<69A " ,+AF< 819U OA=10 8: AaA<,F1K -<A006<A F0 ,+A -800F>F9F,U8:9A=LF1K:8<=18,+A<AO-98UA< " .+F/+/=1>A=LA<UAO-,U ,+<A=,F1,FOA08:O=0061AO-98UOA1,! S1F81018<O=99U+=LAOAO>A<0F19=<KA<A1,A<-<F0A0!;+F0F0O=F19U 76A,8,+A:=/,,+=,ALA1 61F81 OAO>A<0+F-F08:,A1 18,.A9/8OA7>U AO-98UA<0! J0=/810Ah6A1/A " 18,819U=<AF17FLF76=9.8<VA<061=>9A,8 <A9U81,<=7A 61F81 06--8<, " >6,=908,+A 61F810,+AO0A9LA0=<A9A00

\AU817,+AE,=17=<7N=>86<X81,<=/, Da-A<FA1/A0:<8O GA<O=1U !!$ F1,A<A0,A7F17AL8,F1K<A086</A0,8,<U,8FO-<8LA,+A.8<V0F,6=,F818: AO-98UAA0F1 0O=99/8O-=1FA0! C8< Aa=O-9A " 61F81 -6>9F/=,F810 819U <=<A9U-<A0A1,F7A=081+8.,8089LA-<8>9AO0F10O=99A0,=>9F0+OA1,08< +8.,8A0,=>9F0+b8F1,<A-<A0A1,=,F81:8<.8<VA<0F17F::A<A1,A1,A<-<F0A0! J-80F,FLAAa/A-,F81F0,+AC<A1/+ 6 /810AF97A0F,A 7" .+F/+<A-<A0A1,0=99 AO-98UAA0.8<VF1KF1=/A<,=F1 " 9FOF,A7=<A= " 06/+=0=0O=99,A/+1898KU -=<V! & ! L18D 1CK8:Q 14+:0@106 N=>86<9=.<69A07818,=--9U,8,+A0A9:AO-98UA7! J</+F,A/,0 " 9=.UA<0 8< -96O>A<0 =<A 18, 6 AO-98UAA0 7 8:,+AF< /60,8OA<0!;+A 0F,6=,F81 /+=1KA0 " +8.ALA< " F: 06/+ F17A-A17A1,.8<VA<0+=LA 819U 81A O=F1 /60,8OA< " .+8/=118,>A<A=7F9U<A-9=/A7>U=18,+A<!;+F0=--9FA0 " :8< Aa=O-9A " ,8:<AA9=1/Ab86<1=9F0,0.+8.8<V<AK69=<9U:8<,+A819U<=7F8 0,=,F81F1= -=<,F/69=< <AKF81 " =0.A99=0 " 0=U " -<FL=,A ,A=/+A<0 8: _FA,1=OA0A " .+8 OFK+,>A=>9A,88::A<,+AF<0A<LF/A0819U,8=/A<,=F1 F10,F,6,F81! RALA<,+A9A00 " ,+A9AK=9-800F>F9F,U8:,<A=,F1K06/+-A8-9A=0 6 AO-98UAA0 7 F0 " F1O80,/=0A0 " 18,-<8LF7A7:8<! J1AO-98UAAF018<O=99U 7A:F1A7=0=-A<081.+8F061=>9A,88<K=1F0A+F08<+A<8.1.8<V=17.+8 F0 8>9FKA7 ,8:8998. ,+A 7F<A/,FLA0 8:=18,+A< -A<081 " 1=OA9U ,+A AO-98UA<! J//8<7F1K,8,+A9=. " ,+Ab86<1=9F0,8<,+A,A=/+A<F1h6A0,F81 <A,=F10,+A<FK+,,88<K=1F0A,+AF<.8<V " =17,+AF< 6 =6,818OU 7 F018, 7FOF1F0+A7>U,+A:=/,,+=,,+AU=<AA/818OF/=99U7A-A17=1,!;+AF<<A=9 0F,6=,F81 " +8.ALA< " F0LA<U0FOF9=<,8,+=,8:=1AO-98UAA-<8-A<!Z:,+AU 980A,+AF<0F1K9A/60,8OA< " F1A::A/,,+AU980A,+AF< 6 b8> 7 =17,+AU>A/8OA 6 61AO-98UA7 7" b60,9FVA=1U81AA90A! Z:,+AU:=99F99 " ,+AU 1AA708/F=9 >A1A:F,0 , F:=:AO=9A.8<VA<>A/8OA0-<AK1=1, " ,+A0=OA-<8>9AO=<F0A0! E8OA9AK=98<7A<0 78 18,,=VA,+F0F1,8=//861,! P+A<A,+A<AF0 KA1A<=9F106<=1/A=K=F10,F991A00=17 61AO-98UOA1,:8<ALA<U>87U " ,+A 0F,6=,F81 O=U>A=//A-,=>9A " >6,F1 O80,D6<8-A=1/861,<FA0,+F0F0:=< :<8O>AF1K,+A/=0A! E8OA/861,<FA0+=LA7ALA98-A7,+A 18,F81 8:=1

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\AU817,+AE,=17=<7N=>86<X81,<=/, Da-A<FA1/A0:<8O GA<O=1U !!& -=U08/F=90A/6<F,U/81,<F>6,F810 >=/V7=,A7,8,+A/8OOA1/AOA1,8:,+A .8<V >6,18O8<A,+=1:86<UA=<0 =17,+AAO-98UA<+=0,8-=U 18,819U +F08.10+=<A >6,=908,+=,8:,+AAO-98UAA!Z18<7A<,8=L8F706/+<F0V0 =1 $ AO-98UA< % /=1:8<O=99U=0V ,+A=6,+8<F,FA0 ,8=00A00= 0-A/F:F/ AO-98UOA1,<A9=,F810+F-=17 -<8LF7A K6F7=1/A! @F060A F0 ,+A<A>U -<ALA1,A7! ;+AO80,FO-8<,=1,-<8>9AO<AO=F10 +8.ALA< KA16F1A9U0A9: AO-98UA7 -A<0810=<AAa/967A7:<8O O=1U9=>86<9=.<FK+,0=17,+A 08/F=90A/6<F,U0U0,AO!;+AF<A/818OF/0F,6=,F81F0=9O80,1AK9A/,A7=17 ,+AU ,88 <F0V>A/8OF1K98..=KAA=<1A<0!

R:".''2*R.'2"&/ P&! 4(.;3(YO%* _F0F,F1KE/+89=< E/+8898:N=>8<=17W6O=15A086</A0=,,+A5A1OF1 S1FLA<0F,U8:X+F1= \AFbF1K! C8<OA<9U IF<A/,8<?GA1A<=98:,+A]::F/A :8<Z1760,<F=95A9=,F8105A0A=</+ H8<A=N=>86<Z10,F,6,A! P&! 1*(,2%&-O%2,#a00*& C8617F1KIF<A/,8<8:,+AC8<0/+61K0F10,F,6,:6A<J<>AF, ;A/+1FV617 H69,6< 5A0A=</+ Z10,F,6,A:8< N=>86< ;A/+1898KU=17 X69,6<A S1FLA<0F,U8:;d>F1KA1! A&"8! P&! V"08?%,?Pb.:0*& Y<8:A008< 8: D6<8-A=1=17 GA<O=1 N=>86< N=. XFLF9 N=.=17 D/818OF/N=.=,,+AS1FLA<0F,U8:\<AOA1! A&"8!\.%,?1*,#(, IF<A/,8< IA-=<,OA1,8:Y6>9F/J7OF1F0,<=,F81=,,+AX+F1=Z10,F,6,A8: Z1760,<F=95A9=,F810 \AFbF1K! A&"8! 4(,?0.,_?"Y XA1,<A:8<Y6>9F/ J7OF1F0,<=,F81 5A0A=</+=17,+AZ10,F,6,A:8<E8/F=9 Y89F/U=17E8/F=9EA/6<F,U=,,+AE/+8898:G8LA<1OA1, E61[=,?0A1 S1FLA<0F,U G6=1KB+86!

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