;R\]X[R\LQ BUJ]OX[V BNNUUJWM Y%J% CRWT_NUM .
,.)( DB 4\]NW '- /) ), .+ ++
_UJJ\LQ3YUJWN]%WU
:8?88@E84DE8@
RWPNTXVNW
" )%( ! "
W[%1 4OM%1
4JW MN PNVNNW]N[JJM _JW 4\]NW BX\]K^\ )0'
,.)' 4: 4DE8@
7J]^V1 . VNR )'(/
AWMN[`N[Y1 ]XNTXV\] C;6N & 4[LQRNO @JKRS )%'
:NJLQ]N UNMNW _JW MN [JJM#
EN[ TNWWR\PN_RWP ][NO] ^ QRN[KRS JJW XWcN K[RNO _JW )- JY[RU SU% JJW MN KN\]^^[\LXVVR\\RN C;6N% HRS _N[cXNTNW ^ RW MN KN\U^R]_X[VRWP X_N[ MN ]XNTXV\] _JW QN] C;6N MN KNUJWPNW _JW MN XWMN[cXNTN[\
X_N[NNWTXV\]RP MN `N]]NURSTN KNYJURWPNW VNN ]N `NPNW% AYNWKJJ[QNRM R\ QN] KNUJWP[RST\]N Y[RWLRYN _JW MN 4[LQRNO`N]% 7R] QNNO] XWMN[ JWMN[N PN[N\^U]NN[M RW NNW JL]RNO QR\]X[R\LQ _NUM RW ^` PNVNNW]N NW MN BNNU[NPRX% HRS cX^MNW QN] KN][N^[NW JU\ MR] MXX[ NNW KNYN[TRWP _JW MN XYNWKJJ[QNRM
!_N[VRWMN[MN XYNWRWP\]RSMNW# J[LQRN_NW _N[MN[ `NP N]L%" JOK[XTTNU]%
7N UNMNW _JW QN] ;R\]X[R\LQ BUJ]OX[V BNNUUJWM ^R] ^` PNVNNW]N cRSW P[JJP KN[NRM XV ^ X_N[ QN]
KNUJWP _JW ^` J[LQRN_NW _XX[ QR\]X[R\LQ XWMN[cXNT WJMN[ ]N RWOX[VN[NW%
@JVNW\ QN] ;R\]X[R\LQ BUJ]OX[V BNNUUJWM#
MN UNMNW _JW MN _N[]NPNW`XX[MRPNWMN [JJM _JW QN] ;BB1
;NWT _JW 5NNT !4J[UN$CRa]NU"
BN]N[ _JW MNW 5N[T !QR\]X[R\LQN PNXP[JORN BNNUUJWM"
;NWWb 5N_N[\ !>RN\QX^]"
EQNX MN :[XXO !?RN[RX"
BRN]N[ =XXRNW L%Z% >^MX 5XNRSN !7N^[WN"
;JW\ _JW MN >JJ[\LQX] !4\]NW NW DXVN[NW"
9[JW\ >NNWMN[\ L%Z% ?J[]RW BQRURY\NW !5NNT NW 7XWT"
HRV B[XVYN[ !;NUVXWM"
>RJ _JW IJURWPN ![NPRX ;NUVXWM$BNNUUJWM"
;R\]X[R\LQ BUJ]OX[V BNNUUJWM Y%J% CRWT_NUM .
,.)( DB 4\]NW '- /) ), .+ ++
_UJJ\LQ3YUJWN]%WU
#&+$'*(&,
4JW MN KN\]^^[\LXVVR\\RN C;6N BX\]K^\ (0(
,-'' 47 8<@7;AG8@
7J]^V1 )- JY[RU )'(/
AWMN[`N[Y1 ]XNTXV\] C;6N & 4[LQRNO @JKRS )%'
>NMNW _JW MN KN\]^^[\LXVVR\\RN C;6N#
AY MXWMN[MJP (, VJJ[] )'(/ _N[\LQNNW RW MN ;NUVXWM$NMR]RN _JW QN] 87 NNW J[]RTNU X_N[ MN ]XNTXV\] _JW XW\ CNPRXWJJU ;R\]X[R\LQ 6NW][^V 8RWMQX_NW !C;6N"% 7N RWQX^M MJJ[_JW cX[PMN _XX[
XW[^\] KRWWNW QN] QR\]X[R\LQ _NUM RW MN [NPRX BNNUUJWM# VN] WJVN KRS MRNPNWNW MRN _XX[ Q^W XWMN[cXNT PNK[^RT VJTNW _JW J[LQRN_NW NW _N[cJVNURWPNW KRS QN] C;6N% AY MRW\MJP )+ JY[RU )'(/
cRSW NWTNUN ]RNW]JUUNW _JW QNW ]N ;NUVXWM KRSNNWPNTXVNW XV cRLQ X_N[ MNcN WRN^`N \R]^J]RN ]N KN[JMNW% ERSMNW\ MNcN KRSNNWTXV\] QNKKNW cRS QN] ;R\]X[R\LQ BUJ]OX[V BNNUUJWM !;BB" XYPN[RLQ]% ;N]
;BB KN\]JJ] ^R] JL]RN_N XWMN[cXNTN[\&PNK[^RTN[\ _JW MN XYNWKJ[N J[LQRN_NW RW KNQNN[ KRS QN] C;6N%
IRS VJTNW cRLQ cX[PNW X_N[ MN ]XNTXV\]RPN XYNWKJJ[QNRM NW MN KN[NRTKJJ[QNRM _JW MRN J[LQRN_NW%
AYNWKJJ[QNRM R\ NNW _JW MN KNUJWP[RST\]N KNPRW\NUNW _JW MN 4[LQRNO`N] NW QN] MNVXL[J]R\LQ O^WL]RXWN[NW NW cRS R\ MN KJ\R\ _XX[ MN PNMNPNW QR\]X[R\LQN Y^KURLJ]RN\ MRN RW NW K^R]NW BNNUUJWM _N[\LQRSWNW NW _XX[ MN QR\]X[R\LQN Y[XSNL]NW MRN QN] QR\]X[R\LQ _NUM RWMR_RM^NNU NW RW \JVNW`N[TRWP RW BNNUUJWM ^R]_XN[]% ;N] ;BB `RU PN\Y[NT\YJ[]WN[ cRSW _JW QN] C;6N# VN] WJVN VN] KN][NTTRWP ]X] MN MRNW\]_N[UNWRWP\Y[XLN\\NW !RW MN K[NNM\]N cRW"% ;N] `RU QN] [N\N]]NW VNMN _X[VPN_NW%
<W KNPRW\NU QNNO] QN] ;R\]X[R\LQ BUJ]OX[V BNNUUJWM XY )+ JY[RU )'(/ NWTNUN `NW\NW ]NW KNQXN_N _JW JUUN JL]RN_N XWMN[cXNTN[\&PNK[^RTN[\ _JW MN J[LQRN_NW KRS QN] C;6N PNOX[V^UNN[M# ]N `N]NW1
$" )/@ 23 />1673B3< <A 7< 03633> 078 63@ -+(3 3< B==>633< 078 63@ *3;33<@3/>16734 +3:;=<2 3< 63@
.@>339/>167B/>7//@ ,33::/<2 2716@ 3> 078 C=>23< 03633>2! D= ;=53:789 C33> @6A7?9=;3<& '>16734
</078 %"#"
)% 7J] XXT MN YJ[]RL^URN[N J[LQRN_NW XY NNW PXNMN VJWRN[ KN\LQRTKJJ[ KURS_NW NW ]XNPJWTNURST cRSW#
XVMJ] cRS KNUJWP[RST cRSW _XX[ PNMNPNW PN\LQRNM\LQ[RS_RWP%
*% 7J] QN] Y[XLN\ _JW QN] ]XNTXV\]KN\]NWMRP VJTNW _JW QN] C;6N XYNWKJJ[ _N[UXXY]% 7N
XYNWKJJ[QNRM _JW QN] X_N[QNRM\X[PJJW R\ \RWM\ MN RW[RLQ]RWP _JW NNW KN\]^^[\LXVVR\\RN _XX[ QN]
C;6N RW MN YUJJ]\ _JW QN] MJPNURST\ KN\]^^[ _JW QN] ?C8 KRSWJ _XUUNMRP _N[M`NWNW%
+% 7J] MN XWMN[cXNTN[\&PNK[^RTN[\ _JW MN J[LQRN_NW KRS QN] Y[XLN\ _JW QN] ]XNTXV\]KN\]NWMRP VJTNW _JW QN] C;6N _JWJO W^ KN][XTTNW NW PNQXX[M `X[MNW2 QN]PNNW ]X] W^ ]XN QNUNVJJU WRN] R\
]XNPNYJ\]%
F` KN\]^^[\LXVVR\\RN TXV] KRWWNWTX[] ]XN JJW KN\U^R]_X[VRWP X_N[ MN ]XNTXV\] _JW QN] C;6N% HRS _[JPNW ^ MJJ[KRS [NTNWRWP ]N QX^MNW VN] MN QRN[_XX[ PN^R]N `NW\NW% 7N _N[]NPNW`XX[MRPNWMN [JJM
_JW QN] ;BB `RU P[JJP VN] ^ NW MN RW]N[RV VJWJPN[ _JW QN] C;6N X_N[UNPPNW X_N[ MR] XWMN[`N[Y%
<WMRNW VXPNURST# PJJ] XWcN _XX[TN^[ ^R] WJJ[ NNW X_N[UNPVXVNW] _XX[MJ] ^ ]X] KN\U^R]_X[VRWP TXV]%
<WMRNW MR] WRN] VXPNURST R\# MJW cX \WNU VXPNURST MJJ[WJ !NN[\]N `NNT _JW VNR"% AXT `RUUNW `RS P[JJP MN XY MNcN cJJT KN][NTTRWP QNKKNWMN \]^TTNW RWcRNW# cXJU\ QN] [JYYX[] _JW 4M_RN\K^[NJ^ 4[NWJ
6XW\^U]RWP% ;N] \RN[] NNW X_N[QNRM\X[PJWR\J]RN cXJU\ QN] C;6N MRN PNKJ\NN[M R\ XY XYNWKJJ[QNRM XV ]N _XUMXNW JJW MN XWMN[ * NW + _N[`XX[MN `NW\NW _JW QN] ;BB%
@JVNW\ QN] ;R\]X[R\LQ BUJ]OX[V BNNUUJWM#
MN UNMNW _JW MN _N[]NPNW`XX[MRPNWMN [JJM _JW QN] ;BB1
;NWT _JW 5NNT !4J[UN$CRa]NU"
BN]N[ _JW MNW 5N[T ![NPRXWJJU 4NcNUY[XSNL]"
;NWWb 5N_N[\ !>RN\QX^]"
EQNX MN :[XXO !?RN[RX"
BRN]N[ =XXRNW L%Z% >^MX 5XNRSN !7N^[WN"
;JW\ _JW MN >JJ[\LQX] !4\]NW NW DXVN[NW"
9[JW\ >NNWMN[\ L%Z% ?J[]RW BQRURY\NW !5NNT NW 7XWT"
HRV B[XVYN[ !;NUVXWM"
>RJ _JW IJURWPN ![NPRX ;NUVXWM$BNNUUJWM"
7NcNK[RNOcJU]N_NW\]N[TNWWR\PN_RWPPNcXWMNW`X[MNWJJWMNCNPRX[JJM?C8#QN]75?C8#PNVNNW]N[JMNW#
LXUUNPN\_JW5 HNWQNNVT^WMNT[RWPNWRWBNNUUJWM%7NVNMRJc^URNWQRN[X_N[PNdWOX[VNN[M`X[MNW_RJNNW YN[\KN[RLQ]%
