文档内容
&$!"#$%&’()*+,-./012"3#
! "
!!
$%&’%
!(!"#$%!&$%&&"’(!&$%)’
&(*+,&&-./012345(6&789:;<*+=3>?@A’
)(BC*D<*+=EFG&*9:’
!
!""#$%&’"?@#()*!+,-&(.-/%)%0#"#.-/%),1&%2-3#4#5(&-2#)-%14&(6/)$,()*7&/)-,
8/2#%/012340.56578519&&$&%
9%.(-/%)%/05:5;12<2=>;?@:3A5372B-1;"/05:5;#C>B;0-D5@35>@E?==51F#9$
:%,-%C155G>;0:3A537?H7>AA>2@
73%)#%&!&I%)%I,,!$
;<#
/05.51;75@;2B.1?G>@4A?@HJ1>@;A2B/05:5;;?K5A<1>H5>@7215;0?@2@57>==>2@
H1?G>@4A&<1>@;A&?@H>==3A;1?;5H822KA7?H5>@L312<5?@H;05-751>6?AB127?123@H!*$$;2
;05<15A5@;H?F(+56?3A52B;05>1@37851?@HA5@A>;>D>;F;2=>40;&;05G21KA6?@2@=F85
5M0>8>;5HB21?=>7>;5H<51>2H(/20>40=>40;;05D?A;1?@452BG21KA2@<51&;05H51;75@;
214?@>N5AB2315M0>8>;>2@A?F5?1>@;05O2851;P22HQ20@A2@&Q1(E?==51F(L?605M0>8>;>2@>A
;05<12H36;2B622<51?;>2@?72@4631?;21A"AB#?@H62@A>A;A2B3<;2!$$28R56;A4123<5H8F
?1;>A;&;560@>S35&A;F=5&<51>2H&21A38R56;(
/0563115@;5M0>8>;>2@;0>AF5?15M<=215A;05G?FA?1;>A;A5785H"CD#;05>1G21KAG>;0
627<=5M=?F51A2B75?@>@4&G05;05115=?;>@4A;21>5A&>H5?A&?@HB55=>@4A;012340AF782=A&?A
>@?==5421F&21A3445A;>@4;057;012340=>@5&62=21&?@H;;51@&?A>@?8A;1?6;>2@(C5?;315H
>A:?;>AA5TA!9*,A51>5A!"##(U;A62=21B3=>7?45A81>@4;27>@HR2FB3=75721>5A2B6>163A5A&
B2=K;?=5A&?@H;1?D5=&?@H?=A2>@H>6?;5;05H?1KH?FA>@C1?@65H31>@4P21=HP?1!(C127
;05A?75F5?1&V23>A5+231452>ATA$%&’("))%"*%+’,-./.0)1%-%2’1%,3%&H5A61>85H8F;05
?1;>A;?A *?H1?7?2B;05A5=B+&A>7>=?1=F57<=2FA?==5421F?@H?8A;1?6;>2@;2615?;5?
6?=A5=BI<21;1?>;(-=A22@D>5G?15G21KA?823;H?@651A&1?@4>@4>@H?;5B127;05
O5@?>AA?@65;2;05;G5@;>5;065@;31F(U@;05A5G21KA&572;>2@A?@HA;21>5A3@B2=H;012340
?8A;1?6;72D575@;A(
!!"!!"#!#!!!!!$"%"$#$ #$%&’
{#{QQABaQaUggAgAoAAAAgCEQESCgCYkBGACCgGxAAcIAABwBNABAA=}#}
书书书U7<21;?@;G?;5162=21A8FQ(:(P(/31@51?@H/027?AE>1;>@&G02A5;15?;75@;2B=>40;&
62=21&?@H?;72A<0515?@;>6>;5H?A<56;A2B;G5@;>5;0I65@;31F?8A;1?6;>2@&?15A02G@>@
15624@>;>2@2B;05;G203@H15H?@HB>B;>5;0?@@>D51A?1F2B5?60?1;>A;TA8>1;0(
&!(W2G6?@D>A>;21A?;;5@H;0563115@;5M0>8>;>2@G>;023;60?145,
-(E?>@>@4?H7>AA>2@>@;2/05:5;(
+(-11?@4>@4;05D>A>;?B;51.56578519(
’(X2=3@;551>@4>@E?==51F#9$B21A275;>75(
.(:?K>@4?<02@56?==;2631?;21A>@?HD?@65(
&&(P0?;6?@G5=5?1@?823;;05.51;75@;2B.1?G>@4A?@HJ1>@;A,
-(U;A2@57>==>2@G21KA?15>@A5@A>;>D5;2@?;31?==>40;(
+(U;02=HA?1;G21KA615?;5H7215;0?@%$$F5?1A?42(
’(U;214?@>N5A5M0>8>;>2@A>@L312<5?@H;05-751>6?A(
.(U;A=26?;>2@>A>@;05O2851;P22HQ20@A2@&Q1(E?==51F(
&)(P02A5G21K2@63115@;5M0>8>;>2@>AG?1I15=?;5H,
-(V23>A5+231452>ATA( +(Q(:(P(/31@51TA(
’(/027?AE>1;>@TA( .(:?;>AA5TA(
=
-;?<1>7?1FA6022=>@/?K52<12D>@65TA/1?7Y2K.>A;1>6;&;05A;3H5@;A>@E1?H5Z@5
15?H?=23HB127;05>1A;21F822KA&62@4;0572D575@;A2B?@>7?=A>@;05A;21F(P>;0?17A
A;15;605HG>H5=>K5G>@4A&;05FB=FG>;05M6>;575@;&;05>1B?65A=>;3;0R2F?A;05F81>@4
5?60A5@;5@65;2=>B5(
/0?@KA;2?@L?1=FE1?H5V5?1@>@4>@>;>?;>D5&G0>60>A;2;?6K=562@A;?@;=5?1@>@4
60?==5@45A?72@45?1=F41?H5=5?1@51A2B<1>7?1F5H36?;>2@?@HG?A>@;12H365H8F;05
:>@>A;1F2BLH36?;>2@2B’?782H>?"EFG#&G>;0A3<<21;B127[\U’LC(
U@’?782H>?&H5A<>;5A>4@>B>6?@;<12415AA>@5H36?;>2@&72A;A;3H5@;AB?>=;2755;;05
7>@>737<12B>6>5@6F"HI#=5D5=A>@5AA5@;>?=AK>==A=>K515?H>@4?@H7?;057?;>6A(\?;>2@?=
=5?1@>@4?AA5AA75@;AB21E1?H5]>M>@&$&!15D5?=5H*%<5165@;2BA;3H5@;AG51585=2G8?A>6
<12B>6>5@6F>@’?782H>?@?@H,%<5165@;G51585=2G8?A>6<12B>6>5@6F>@7?;057?;>6A(
\2G&>@A;5?H2B15=F>@42@=F2@;1?H>;>2@?=;5M;822KA?@H=5?1@>@4&;5?6051A3A5
A;136;315H?@H5@4?4>@4=5?1@>@4;22=A;0?;7?K5=5?1@>@482;07215B3@?@H72155BB56;>D5(
\5GA;3H5@;822KA&G1>;>@4<1?6;>65822KA&A;21F822KA&B=?A06?1HA&?@H62=231B3=6=?AA1227
D>A3?=A05=?@=5;;51A?@HA23@HA>@?A;5H5;05>@;12H36;>2@2B;05@5G;5?60>@47?;51>?=A&?==E1?H5Z@5;5?6051A&
<1>7?1FA6022=H>156;21A&?@HA6022=75@;21A"JK#B127/1?7Y2K.>A;1>6;1;>6>;5H>@
;1?>@>@42@LEO>@A;136;>2@75;02HA&B?6>=>;?;>2@AK>==A?@H6=?AA12277?@?4575@;(
*/0515G515;>75AG05@UB5=;62@B3A5H?823;G0?;?@H02G;2;5?60&?@HUG?A@5D51
A315>B7F<12@3@6>?;>2@215M<=?@?;>2@AG515621156;&+;5?6051\2<’0?@K5DA?FA(*+3;
@2G&G>;0AFA;57?;>6=5AA2@<=?@A?@HG5==IH5A>4@5H7?;51>?=A&7F=5AA2@A0?D5?7360
6=5?151B=2G&?@H;05A;3H5@;A?15?8=5;2B2==2G?=2@4736072155?A>=F(-B;51627<=5;>@4;05
;5?6051;1?>@>@4&UB55=U0?D5;05?8>=>;F;2<1515?@HH5=>D517F6=?AA5AA3665AAB3==F(+
!!"!!"#!#!!!!&$"%"$#$ #$%&’
{#{QQABaQaUggAgAoAAAAgCEQESCgCYkBGACCgGxAAcIAABwBNABAA=}#}*U@;05156;21?@H7?A;5175@;212D51A55>@4A5D51?=A6022=A>@/1?7 Y2K
.>A;1>6;(*+3;@2G&G>;02@42>@4;1?>@>@4&75@;21>@4&7?;51>?=A&?@H;5?60>@475;02HA>@
<=?65&A3<<21;62@;>@35A?;;05A6022==5D5=(+
&*(P0?;>AH5A61>85H>@1?41?<0!,
-(-;1?H>;>2@?=;5?6051I=5H=5AA2@( +(-62=231B3=?B;51IA6022=?6;>D>;F(
’(-=>D5=F6=?AA1227=5?1@>@4A65@5( .(-60?==5@45B215?1=F41?H5=5?1@51A(
&%(P0?;>A;05<31<2A52B1?41?<0),
-(/2<12D>H58?6K4123@H>@B217?;>2@( +(/262775@;2@;05B21751A>;3?;>2@(
’(/21?>A5?@5G;2<>6B21H>A63AA>2@( .(/2H5;?>=?1565@;=F=?3@605H<1241?7(
(P0?;G?A;05B5?;3152B<15D>23A5?1=F41?H55H36?;>2@>@/1?7Y2K.>A;1>6;,
-(V>;;=55M;51@?=A3<<21;G?A<12D>H5H(
+(V5?1@>@4;22=AG515@T;G5==A;136;315H(
’(/0515G515@T;5@234075@;21A?;A6022=(
.(];3H5@;AH>A=>K5H1>4>H’?782H>?@=5;;51A(
&,(W2GH25A;05;5?6051;1?>@>@4?BB56;\2<’0?@K5D,
-(U;?==2GA0>7;245;?A5(
+(U;15H365A0>A>@;51?6;>2@G>;0A;3H5@;A(
’(U;>@A<>15A0>7;260?@450>A<12B5AA>2@(
.(U;>@615?A5A0>A62@B>H5@65>@;5?60>@4(
:
O5A5?16051A?;’?1@54>5:5==2@[@>D51A>;FTAO282;>6AU@A;>;3;5"OU#0?D5H5D5=2<5H?@5G
A5@A>@4;560@2=24F&6?==5H]2@>6+227(U;TAH5A>4@5H;205=<1282;A=26?;5?@H>H5@;>BF612@4A23@H1?;051;0?@6?751?A=>K585B215(/05AFA;57&A;>==>@5?1=FH5D5=2<75@;&623=H
5D5@;3?==F?AA>A;?41>63=;31?=1282;AG>;0;?AKAA360?A<13@>@4"LMNO#21H5;56;>@41><5
B13>;0>HH5@8F=5?D5A(
V55&?J0(.(A;3H5@;>@1282;>6A&5M<=?>@5H;0?;;05;560@2=24F6?@H5;517>@5;05;0155I
H>75@A>2@?=")I.#A0?<52B28R56;A;012340;2360&G>;023;15=F>@42@?6?751?(/0>A?<<12?60
A2=D5A?62772@<128=57>@?41>63=;31?=1282;>6A&G0515D>A3?=A5@A21AA;1344=5;22<51?;5
5BB56;>D5=F>@5@D>12@75@;AG>;005?DF=5?B62D51;0?;28A6315A82;0;05B13>;?@H;05;0A
1282;?17A73A;;?K5;215?60>;(
]2@>6+227H>BB51AB1275M>A;>@4A5@A21A8F3A>@462@;?6;7>612<02@5A;2H5;56;D>81?;>2@A
"PQ#G05@?@28R56;>A;23605H([@=>K56?751?I8?A5H;2360A5@A21A&G0>606?@85G5?K&21
<15AA315A5@A21A&G0>606?@855M<5@A>D5;2>@A;?==2D51=?145?15?A&62@;?6;7>612<02@5A?15
7215H31?8=5?@H6?@85023A5H>@<12;56;>D56?A>@4A(/05<12;2;F<5"RS#62@A>A;A2BA>M
62@;?6;7>612<02@5A723@;5H>@A>H5?JX’<><5(P05@;05<><57?K5A62@;?6;G>;0?@28R56;
A360?A?81?@60&;057>612<02@5A15621HD>81?;>2@A&?@H;05AFA;57=26?;5A;05<2>@;2B
62@;?6;G>;0?<156>A>2@85;G55@$(*)?@H&(&65@;>75;51A(/05JX’023A>@4?=A2<12;56;A
;057>612<02@5AB127H?7?45(
!!"!!"#!#!!!!)$"%"$#$ #$%&’
{#{QQABaQaUggAgAoAAAAgCEQESCgCYkBGACCgGxAAcIAABwBNABAA=}#}/2;1?>@;05AFA;57&;05;5?762==56;5HH?;?B127!"&$$$62@;?6;A85;G55@;05A5@A21?@H
?G22H5@12H(-7?60>@5=5?1@>@472H5=G?A;05@3A5H;27?<;05?3H>2A>4@?=A;2A<56>B>6
62@;?6;<2>@;A(P0>=5;0563115@;D51A>2@>AH5A>4@5H;2H5;56;1>4>H28R56;A&?HR3A;75@;A;2
;05A5;I3<623=H5@?8=5>;;2A5@A5A2B;51;?145;A&A360?AB13>;(
V55A?>HB31;05115A5?160>A5M<=21>@4;05<2;5@;>?=B21;057>612<02@5?11?F;2>H5@;>BF
28R56;A>@?HH>;>2@;2=26?;>@4;057(J2AA>8=53A5A23;A>H5?41>63=;315623=H>@6=3H5A?B5;F
AFA;57AB211282;AG21K>@4@5?1<52<=5&1282;AH5A>4@5HB21037?@>@;51?6;>2@&212<51?;>2@A
>@=2GI=>40;5@D>12@75@;A(
&"(P0?;>AA<56>?=?823;]2@>6+22762715HG>;0<15D>23AA5@A21A,
-(U;>A7360605?<51;2H5D5=2<(
+(U;6?@G21KG>;023;3A>@46?751?A(
’(U;G>==15<=?65?41>63=;31?=G21K51A(
.(U;A51D5A=2@451>@>@H22162@H>;>2@A(
&9(P0?;H25A;053@H51=>@5HG21H*28A6315A+>@1?41?<0&<128?8=F75?@,
-(J12;56;A( +(.?7?45A( ’(W>H5A( .(LM<2A5A(
)$(P0?;6?@85>@B5115H?823;;05<12;2;F<52B]2@>6+227B127;05;5M;,
-(U;H25AG5==>@H5;56;>@4A2B;5128R56;A(
+(U;@55HA!"&$$$62@;?6;A;2G21K@217?==F(
’(U;4?>@A<12;56;>2@B127;05JX’023A>@4(
.(U;@55HA72157>612<02@5AB2185;;51<156>A>2@(
)!(P0?;H25AV55;0>@K2B;05B3;3152B]2@>6+227,
-(J127>A>@4( +(V>7>;5H( ’(J12B>;?8=5( .(U7<1?6;>6?=(
4
-6621H>@4;2?@5GA;3HF&0?17B3=7>612<=?A;>6A?15@2;2@=FA;215H>@?41>63=;31?=?@H
318?@A2>=A&83;?=A2>@B215A;A(/057?R21>;F2B;05;>@F<=?A;>61;>6=5A"TU#5@;51;05
B215A;AB127;05?>1?@HA;?F>@;05B215A;A2>=(
*/057>612<=?A;>6AB127;05?;72A<0515>@>;>?==FA5;;=52@;05=5?D5A2B;05;155612G@A&
G0>60A6>5@;>A;A15B51;2?A;05-6278I23;5BB56;.&+5M<=?>@A=5?H?3;021.1’2==>@Q(P5851
B127;05U@A;>;3;52B-<<=>5HE52A6>5@65A?;/[.?17A;?H;(*/05@&>@H56>H323A"VW#
B215A;A&;051;>6=5A?15;1?@A<21;5H;2;05B215A;A2>=8F1?>@21;05?3;37@=5?BB?==&B21
5M?7<=5(+
/262@H36;;05>1A;3HF&15A5?16051AB127;05.51;75@;2B]2>=:>@51?=24F?@H]2>=
’057>A;1F62==56;5HA?7<=5A?;B231B215A;=26?;>2@A5?A;2B.?17A;?H;&E517?@F(/05F
?<<=>5H?@5G=F15B>@5H?@?=F;>6?=;560@>S35;0?;?==2G5H;057;275?A315;0562@65@;1?;>2@2B
7>612<=?A;>6A>@A2>=&B?==5@=5?D5A&?@H?;72A<051>6H5<2A>;>2@";0572D575@;2BA38A;?@65A
B127;05L?1;0TA?;72A<0515;2>;AA31B?65#(/05;5?7;05@3A5HA<56;12A62<>6"XYZ#
75;02HA;26057>6?==F?@?=FN5;05A?7<=5A(U@?HH>;>2@&;05F615?;5H?72H5=5A;>7?;>@4
?;72A<051>67>612<=?A;>6>@<3;AA>@65;05!9%$A&05=<>@4;057?AA5AA02G7360;05A5>@<3;A
0?D562@;1>83;5H;22D51?==A;21?45>@B215A;A2>=A(
!!"!!"#!#!!!!*$"%"$#$ #$%&’
{#{QQABaQaUggAgAoAAAAgCEQESCgCYkBGACCgGxAAcIAABwBNABAA=}#}*Z3115A3=;A>@H>6?;5;0?; 7>612<=?A;>6A>@B215A;A2>=A21>4>@?;5 <1>7?1>=FB127
?;72A<051>6H5<2A>;>2@?@HB127=5?D5AB?==>@4;2;054123@H&K@2G@?A=>;;51B?==(Z;051
A23165A&2@;052;0510?@H&0?D52@=F?7>@21>@B=35@65&+5M<=?>@AP5851(*P562@6=3H5;0?;
B215A;A?15422H>@H>6?;21A2B?;72A<051>67>612<=?A;>6<2==3;>2@?@H;0?;?0>4062@65@;1?;>2@
2B7>612<=?A;>6A>@B215A;A2>=A>@H>6?;5A?0>40>@<3;/?A2<<2A5H;2H>156;>@<3;AA360?AB127
B51;>=>N51A>@?41>63=;315/2B1;>6=5AB127;05?>1>@;2;05A5562AFA;57A(+
/05A;3HF>A;05B>1A;;2H572@A;1?;5;05<2==3;>2@2BB215A;AG>;07>612<=?A;>6A?@H;05
H>156;=>@K85;G55@?;72A<051>6>@<3;A?@H;05A;21?452B7>612<=?A;>6A>@B215A;A2>=&?A;05A5
>AA35A0?H@2;<15D>23A=F855@A6>5@;>B>6?==F>@D5A;>4?;5H(/0515A3=;A<12D>H5?@>7<21;?@;
8?A>AB21?AA5AA>@4;055@D>12@75@;?=1>AKA<2A5H8F7>612<=?A;>6A>@;05?>1?@HA2>=(/05
B>@H>@4A7?F0>40=>40;;054=28?=;1?@A<21;2B7>612<=?A;>6A>@;05?>1?@H;03A?=A2>@;05?>1
G5815?;05(
)&(P0?;H25AP5851G?@;;2;5==3A>@1?41?<0&,
-(/0575?@>@42B?@5G62@65<;( +(/05B5?;315A2BH56>H323AB215A;A(
’(P0F;155A6?@62@A375<=?A;>6A( .(W2G7>612<=?A;>6A5@;51B215A;A2>=(
))(P0?;H>H;0515A5?16051AH2>@;05A;3HF,
-(/05F42;>@D2=D5H>@B215A;15A;21?;>2@<1241?7A(
+(/05F62==56;5H1?@H27A?7<=5A2B?41>63=;31?=A2>=A(
’(/05F>@D5A;>4?;5H?;72A<051>67>612<=?A;>6>@<3;A(
.(/05F1562775@H5H15H5B>@>@4?;72A<051>6H5<2A>;>2@(
)*(P0?;6?@85=5?1@5H?823;;05B>@H>@4A2B;05A;3HF,
-(/05F815?K;05;>585;G55@B215A;A?@H<=?A;>6A(
+(/05F0?D5<15D>23A=F855@A6>5@;>B>6?==F<12D5H(
’(/05F42?4?>@A;;054=28?=;1?@A<21;2B7>612<=?A;>6A(
.(/05F7>40;62@;1>83;5;25D?=3?;>2@2B5@D>12@75@;?=;015?;A(
)%(P0?;>A;0585A;;>;=5B21;05;5M;,
-(C215A;A-15O?>@>@4J=?A;>6A +(C215A;]2>=A-15.5615?A>@4
’(P>==C215A;AJ12D>H5’=5?@->1, .(’?@C215A;AC>40;:>612<=?A;>6A,
#[’!"%%())*()&(%+&,+!&(%+#
!!-./\12&312]69:;9<^_‘Dabc6=>9:’9:;de:fgh
9:’
:FD2=3@;551R231@5F854?@H31>@4?A37751815?KG05@UH56>H5H;2R2>@?=26?=
214?@>N?;>2@;0?;B263A5H2@A3<<21;>@43@H51<1>D>=545H"ij6#60>=H15@(U@>;>?==F&UD>5G5H
>;?A?G?F;2A<5@H7FB155;>7562@;1>83;>@4;2?422H6?3A5(!)#!
-;B>1A;&UG?AA026K5H8F;0560?==5@45A;05A560>=H15@B?65H/<2D51;F&=?6K2B
5H36?;>2@&?@H572;>2@?=>@(!),!W2G5D51&?AUA<5@;7215;>75G>;0;057&UA;?1;5H;2
3@H51A;?@H;05>115A>=>5@65"klI#?@HA;15@4;0&G0>60>@A<>15H75;24>D57F85A;5BB21;(
/0?;7?1K5H;05854>@@>@42B?H55@H=?A;>@462@@56;>2@(
!)"! Z@5A360>@A;?@652663115HG05@UG?A05=<>@4?F23@44>1=&:?1>?&G>;0051
0275G21K(]05A;1344=5HG>;07?;0?@HG?A2B;5@H>A6231?45H(-B;51G55KA2BG21K>@4
;245;051&UA?G?815?K;012340?AU;?340;?H>BB>63=;62@65<;(/05R2F>@0515F5AG?A
>@H5A61>8?8=5(U;G?A;05@;0?;U15?=>N5H;05<2G512B;>5@65?@HA3<<21;>@7?K>@4?D>A>8=5
!!"!!"#!#!!!!%$"%"$#$ #$%&’
{#{QQABaQaUggAgAoAAAAgCEQESCgCYkBGACCgGxAAcIAABwBNABAA=}#}H>BB515@65(!)9!UG?A15A<2@A>8=5B216221H>@?;>@4"mn#?4123<2BD2=3@;551A&G0>60
;?340;75=5?H51A0>@H;5?7G21KAK>==A(/05A3665AA@2;2@=F3<=>B;5H;0560>=H15@83;?=A2
15>@B2165H7F85=>5B>@;05>7<21;?@652BR2>@;5BB21;(/02A57275@;AA0?<5H7F?<<12?60;2
D2=3@;551>@4?@H72;>D?;5H75;2A55K72152<<21;3@>;>5A;2A51D5(
/05D2=3@;5515M<51>5@65H>H7215;0?@<12D>H5D?=3?8=5AK>==A/>;A0>B;5H7F<1>21>;>5A
?@H=>B542?=A(+5B215;0?;&U0?H855@B263A5H2@?6?H57>6A3665AA?@H>@H>D>H3?=
?6627<=>A075@;A(!*$!UH5D5=2<5H?2@B21A26>?=G21K?@H62773@>;FA51D>65&?@HU
@2G;1F;2>@;541?;5;05A5>@;27FB3;3156?1551(
-(.5A<>;57F>@;5@;>2@A&UB5=;3@<1515H;205=<;13=F(
+(C?6>@43@5M<56;5H60?==5@45A05=<5H75856275721515A23165B3=(
’(W2G5D51&;055M<51>5@65;?340;75;0?;;0515>A7215;2=>B5;0?@;02A5(
.(-@2;05175721?8=57275@;G?AH31>@4?62773@>;F5D5@;G5214?@>N5H(
L(]5D51?=61>;>6?=7275@;A7?H57FD2=3@;5515M<51>5@65;13=F=>B5I60?@4>@4(
C(/05A;21>5AH572@A;1?;5H;05>76;D2=3@;551>@46?@0?D52@>@H>D>H3?=412G;0(
E(V>;;=5H>HUK@2G;0?;;055M<51>5@65G23=HA>4@>B>6?@;=F60?@457F23;=22K2@=>B5(
(2*+!"345"./0&1+)$+#
#&’!"%!%())*()!+&,+!%+#
-./\12&3*)456-(+(’(.789:;9<^_‘Dabc6=>9:’
Q5AA>6??@H051B?7>=F=>D5H1>40;@5M;H221;23A(P5=>D5H2@?63=IH5IA?6"opq#&
G0515Q5AA>6??@HUA<5@;72A;2B231;>75!*!!(
+5;G55@231023A5A&;0515G?A?75H>37IA>N5H;155&G0>60Q5AA>6?G23=H2B;5@6=>78(
/0>AH>H@T;15?==F!*&!Q5AA>6?TA15@;A2175(:F15@;A&02G5D51&;02340;!*)!(
/05FG515?=G?FAG211>5H;0?;Q5AA>6?G23=H!**!;05;155(/05F;1>5H;262@D>@65Q5AA>6?
2B;05!*%!2B6=>78>@4;05;155&83;B?>=5H(
Z@5H?F&Q5AA>6?A3HH5@=F157578515H?!*#!A05=>K5H;2H2>@;05;155(/2!*,!
051AK>==A&Q5AA>6?S3>6K=FG5@;;2;055H452B051B12@;F?1H(]051?@3<;2;05;155?@H
!*"!;0581?@60;0?;03@4H2G@&AG>@4>@4051A5=B?123@H;05;155(Q5AA>6??@HUA<5@;;05
15A;2B;05?B;51@22@AG>@4>@42@;05;15581?@60G>;0!*9!(
Q5AA>6?G?@;5H;24>D5>;2@5=?A;AG>@485B215G5!%$!(]05H56>H5H;242?=>;;=58>;
B31;0518?6KA2A05G23=H0?D572157275@;37"rsI#(]051?@;012340;0541?AAG>;0051
5F5AB>M5H2@;0581?@60(/0>@4AA5575H!%!!?;B>1A;?AA05S3>6K=F1?@;2G?1HA;05;155(
Q5AA>6?;05@=>B;5H0510?@HA3<;2;0581?@60(!%&!&2@52B0510?@HA?66>H5@;?==F=5;422B
;0581?@60(]05!%)!B?==>@4?@H;05@05182HF0>;;054123@H0?1H(
Q5AA>6?5@H5H3;0A275!%*!&83;B21;3@?;5=F1562D515H=?;51(+2;0Q5AA>6??@HU
=5?1@5H?!%%!B127;0>AB1>40;5@>@4>@6>H5@;?@H<127>A5H;2A;?F?G?FB127;05;155(
*!(-(A;3HF>@4 +(?143>@4 ’(A=55<>@4 .(<=?F>@4
*&(-(62@D>@65 +(8215 ’(82;051 .(>7<15AA
*)(-(A5615;=F +(H>BB515@;=F ’(H>156;=F .(A3HH5@=F
**(-(B?==2BB +(=22K?123@H ’(63;H2G@ .(A55KB21
*%(-(A;5< +(H?@451 ’(H>BB>63=;F .(3@>S35@5AA
*#(-(6=5?@I3< +(;5A; ’(;1>6K .(H5?=
!!"!!"#!#!!!!#$"%"$#$ #$%&’
{#{QQABaQaUggAgAoAAAAgCEQESCgCYkBGACCgGxAAcIAABwBNABAA=}#}*,(-(H572@A;1?;5 +(>7<12D5 ’(5A;>7?;5 .(28A51D5
*"(-(A<2;;5H +(<12;56;5H ’(0>; .(41?885H
*9(-(631>2A>;F +(B5?1 ’(A0?75 .(R2F
%$(-(B?>=5H +(5A6?<5H ’(A;2<<5H .(627<5;5H
%!(-(627<=5M +(B>@5 ’(60?==5@4>@4 .(B=5M>8=5
%&(-(W2G5D51 +(+5A>H5A ’(/03A .(U@A;5?H
%)(-(<1?6;>65H +(A;?1;5H ’(>7?4>@5H .(?D2>H5H
%*(-(62@B3A>2@ +(A>=5@65 ’(>@R31>5A .(62775@;A
%%(-(62@65<; +(75;02H ’(AK>== .(=5AA2@
#[’!"%!$())*()!(%+&,+!%+#
-./\12&tabc‘D!8ku6vwxyz{vw6|}~(cid:127)’
-G55K=F13@G?FA02G"(cid:128)(cid:129)(cid:130)#>@?1572;5D>==?452BY?>=>&E3>N023&0?A856275
<2<3=?12@=>@5&H1?G>@47?@F;231>A;A?@H4=28?=?;;5@;>2@([@=>K5J?1>AT21:>=?@TAB?A0>2@
G55KA&;0>A%$I75;51G22H5@13@G?F&G0>60>A3A5H2@G55K5@HA?@H02=>H?FA&!%#!
"B5?;315#=26?=A2B?==?45A&B127K>HA;2;055=H51=F&>@A;5?H2B<12B5AA>2@?=72H5=A(
LD51F5D5@>@4B127,%$$;29%)$&!%,!"1;>6>@;#A02G0?@HIG2D5@:>?2?@H.2@4
62A;375AG>;0A0>@FA>=D51R5G5=1F(/05FG?=K&A>@4&?@HH?@65&G>;0B?17;22=A?@H2;051
H?>=F;0>@4AA51D>@4!%"!<51B217?@65?>HA&?@H;05G02=55D5@;>A=>D5A;15?75H2@A26>?=
75H>?(!%9!"=?3@60#=?A;Q3=F?;Y?>=>TAL;0@>6’2A;375AJ?1K&>;TA6?==5H*X>==?45O3@G?F
]02G+&?;;1?6;>@42D51*$$&$$$D>A>;A?@H7>==>2@A2B2@=>@5D>5GA(U;5D5@7?H505?H=>@5A
?812?H?@H05=<5HA275*72H5=A+R2>@8>4B?A0>2@G55KA>@V2@H2@?@HZA?K?(
/05A02GTAB23@H51&A31@?75H^?@4&>A!#$!)#IF5?1I2=H:>?2H5A>4@51(W>A!#!!
">@A<>15#6?75B1270>A72;051TA;1><;2V2@H2@’1?B;P55K(W5A?FAE3>N023?=15?HF0?A
<2<3=?1131?=5D5@;A=>K5O2@4R>?@4TA*’3@60?2+"A26651#&!#&! Y?>=>TAA02GB263A5A7215
2@;1?H>;>2@?=62A;375A(/05A02GTAA3665AA6275AB127<38=>61;>6>;>2@?@H63=;31?=
H>A<=?F;0?;>A!#)!"A>@6515#<15A5@;5H(/05A02G!#*!"822A;#Y?>=>TA562@27FA>@65=?A;
F5?1(U;0?A1?>A5HD>==?451AT63=;31?=62@B>H5@65/F23@4<52<=5=5?1@;1?H>;>2@?=61?B;A&
41?H3?;5A15;31@;2G21K&?@H=26?=83A>@5AA<52<=5R2>@;0>A@2@I<12B>;5D5@;(
/0>A?3;37@&Y?>=><=?@A;202=H>;A2G@5;0@>6B?A0>2@G55K&G5=627>@4H5A>4@51AB127
?==2B’0>@?TA%#5;0@>64123==B31;051K55<;1?H>;>2@?=63=;315=>D5=F;012340
72155@4?4575@;(
(6*+!78"./0&1+*$+#
#&’!",+!%+#
(cid:131)(cid:132)(cid:133)(cid:134)(cid:135)"/(cid:136)(cid:137)(cid:138)(cid:139)(cid:140)Z(cid:141)K:A(’05@(cid:142)(cid:143)&(cid:144)(cid:145))f*(cid:146)(cid:147)c(cid:140)(cid:148)qZ6(cid:149)(cid:150)+6
(cid:151)(cid:152)’(cid:138)(cid:131)(cid:153)&(cid:154)(cid:155)(cid:156)(cid:157)(cid:131)(cid:158)(cid:159)2(cid:155)(cid:160)¡&{¢£y%
!((cid:151)(cid:152)6⁄6(cid:148){¢)
&((cid:151)(cid:152)6¥ƒ’
§¤%
!((cid:153)'w“lf"$«‹)
&((cid:138)›(cid:146)/fi(cid:127)tfl)(cid:176)6–l†‡'fl’
·(cid:181)w¶%(cid:139)(cid:140)Z/"*/)$=&/*$#,/9#(&):%)1"/.-?#,%">-/%),
!
!
#[’!",+&%+#
-./\•‚&„”»{¢(cid:148)45…V‰(cid:190)¿(cid:192)(cid:153)e…&`´ˆ˜&(cid:154)¯˘612’
:%(.34(*
Q20@W?@5F0?H@2>@;515A;>@8?AK5;8?==&?@H05TH@5D51;02340;?823;85>@4?
8?AK5;8?==62?605>;051(+3;G05@0>A"IF5?1I2=HA2@Q?6K02<<5H2D51?@H?AK5H&*.?H&623=H
F23A>4@753@4>@Q20@TA05?1;
B5=;H>BB515@;(
-A?83A>@5AA62@A3=;?@;G02G21K5H=2@40231A&Q20@2B;5@G2@H515H>B05G?A?422H
B?;051&B210>A2G@H?H0?H855@D51FH>A;?@;&=5?D>@40>75?451;2A;?F6=2A5;20>A2G@
60>=H(LD5@A2&0505A>;?;5H(*UK@2G@2;0>@4?823;8?AK5;8?==&+05;02340;(*-@HQ?6KTA
>@;515A;A60?@45A2B?A;(W57>40;@2;=>K58?AK5;8?==;272112G(+
W?D>@4K@2G@?823;Q20@TA62@651@&0>AG>B5-A0=5F5@6231?45H0>7&*Q?6K15?==FG?@;A
;0>A(P0F@2;4>D5>;?;1F,+.1?G>@4A;15@4;0B127;05G21HA&Q20@A?;?;0>A627<3;51&
B>==5H23;Q?6KTA;5?7?<<=>6?;>2@&6=>6K5H;0582M;0?;A?>H*UTH=>K5;262?607F60>=H0+?@H
0>;]L\.(
/05>1B>1A;<1?6;>65>@;058?AK5;8?==A;?H>37G?A?H>A?A;51(Q20@G?@;5H;2A02GQ?6K
02G;2A022;&83;05H>H>;8?H=F(Q?6K1?@?123@HG>;0@2>H5?G0?;;2H2(Z@;05H1>D5
0275&;2Q20@TAA31<1>A5&Q?6KA?>H050?HB3@(/0?;@>40;&=F>@4>@85H&Q20@;02340;?=2;(
C>@?==F&05H56>H5H;0?;;0572A;>7<21;?@;;0>@4G?A@T;85>@4<51B56;/>;G?A7?K>@4A315
0>AA2@0?HB3@(
-;;05854>@@>@42B;05@5M;<1?6;>65&Q20@=22K5HQ?6K>@;055F5?@HA?>H&*/2H?F&231
2@=F42?=>A;20?D5B3@/7>AA?A7?@F8?AK5;A?AF23G?@;&;057215&;050?<<>510+
[@85=>5D>@4&Q?6K=?3405H?@HA;?1;5HA022;>@4B155=F(-B;51?G0>=5&0>A8?==0>;;05
8?6K82?1H?@HG5@;>@;2;05022<"˙¨#0 *UH>H>;&.?H0+Q?6KA023;5HG>;0?8>4A7>=5(
Q20@13A05H2D51;20340>7&;0>@K>@4&*/0>A7275@;>A?==;0?;7?;;51A(+
§¤%
!((cid:192)(cid:153)w“lf!%$«‹)
&((cid:138)›(cid:146)/fi(cid:127)tfl)(cid:176)6–l†‡'fl’
!!/05H?FB>@?==F6?75?@HQ?6KG0>A<515H?@M>23A=F&*.?H&6?@G5G>@;2H?F,+!!!!
!
!!-B;51;054?75&Q20@G?=K5H3<;20>AA2@S3>6K=F(
!!"!!"#!#!!!!"$"%"$#$ #$%&’
{#{QQABaQaUggAgAoAAAAgCEQESCgCYkBGACCgGxAAcIAABwBNABAA=}#}