#*#+!#*#$$%&’%()$*+,-.
#!!$
! !!
%&’(!
!,!"#$%&’()%&’*+$!,$!+*$"-"./!#*$0!
#,1’2"-345678*,+9:;<=>?@ABCDEFGHIJKL!
’,-3M1."NB1O1P1’QR!%&’ST’%U1OV"6#)WAX1’QRY
Z’H[1O\]^;#)%&’N678*,+9:;<=>?@AP1’QR_’[1
’‘aFM1")*+,-./01+234"56,7#89:;<+34$
!!!!!!!!!!!!! !!!! !!!!!!!!
-,!#b’cd$%&e5fghi./012!!#!
=>?@!AB%CDE"F@!"@&
!/0!"#+12%312!,+4&54(,+4#
678+,9:’3,9:;</=12&>2?@AB3()(4C=DE?DFGHDE’
6I3,9:;&JK<!*LMBNOPQR<S12TUV7/12’3,9:WV/X’
!,56786921:9;</=92>6/8161:976;</?22@AA92106/)
3,59<A=9921601:<>>0BC, ),59=9D@29201>6B019BC, 4,596DD9=2</61:9=6>106/,
#,E:<18083/8CD6=A91C9219=8<C)
3,502AB<2292, ),5022F:66BG<A, 4,502=@B9=,
’,E:<1021:976;</A60/A16861:02<D19=/66/)
3,3119/8<FB<22, ),H6161:9><=I, 4,J<I9>0F1@=92,
-,E:<1<=91:92>9<I9=2>=6G<GBC1<BI0/A<G6@1)
3,3>:6/9, ),38=922, 4,3:</8G<A,
+,E:<18679I/67<G6@11:9;</)
3,591=<K9B98GC1=<0/, ),59A61<=089D=6;L<FI, 4,59166I1:9G@2<2@2@<B,
!’0!"#!+12%312!,+4&54##,+4#
678+,9:YZ[’3,9:YZ[;<\=12&>2?@AB3()(4C=DE
?DFGHDE’63,9:YZ[]&J^<NOUV_=12&312+LM%6I;&_
12^AF+LMB‘RNO’3,9:YZ[VaX’
6!$,bc&QR!$((2’
$,E:C021:9M66FB62986/N<1@=8<C)
3,O1?2@/89==9><0=,
),O1?21=<0/0/AM66I99>9=2,
4,O1?2;6K0/A</0;<B216/97<=9<2,
(,E:<1861:92>9<I9=289F0891686D0/<BBC)
3,H6:6=29P=080/A, ),E<1F:<;6K09, 4,N1<C<1:6;9,
6!(,bc&QR!"d!*2’
",567B6/A79=9&@FC</8N19K90/1:92<;9FB<22)
3,Q6=6/9C9<=, ),Q6=176C9<=2, 4,Q6=1:=99C9<=2,
!!"#$!!!!!!!""#""#$ #$%&%#’()
书书书R,E:<18692N19K91:0/I6D&@FC0/;088B92F:66B)
3,N:97<2S@091, ),N:97<22;<=1, 4,N:97<2@/D=09/8BC,
!*,E:<18692&@FC6D19/861:9298<C2)
3,TB<CG<2I91G<BB, ),TB<C19//02, 4,H616F6/F9=12,
6!",bc&QR!!!d!’2’
!!,E:<186921:9;</?2:0216=C>=6D9226=<8K029:0;1686)
3,)9F6;9<;</<A9=, ),E6=I0/>6B010F2, 4,U>9/<=921<@=</1,
!#,E:<186921:976;</7</116G9)
3,319<F:9=, ),3>6B010F0</, 4,3/<=1021,
!’,E:<1021:9>=6G<GB9=9B<106/2:0>G91799/1:92>9<I9=2)
3,Q=09/82, ),46P76=I9=2, 4,N1=</A9=2,
6!R,bc&QR!!-d!(2’
!-,E:<1021:9F6@/1=C2089;@29@;<G6@1)
3,J=992, ),TB</12, 4,E0B8G0=82,
!+,E:9/021:9;@29@;FB6298)
3,U/V6/8<C2, ),U/J:@=28<C2, 4,U/N<1@=8<C2,
!$,E:C8081:976;</2>9/8;6=910;9A9110/A:6;9)
3,N:9A61B621, ),N:9K020198<D=09/8, 4,J:9=6<8279=9G@209=,
!(,567;@F:70BB<!(PC9<=P6B821@89/1><CD6=1:921@8C8<C)
3,W!$, ),W!", 4,W’#,
6!!*,bc&QR!!"d#*2’
!",E:9=97<21:91:9<19=)
3,O17<20/<K0BB<A9, ),O17<2GC1:929<, 4,O17<26/<:0BB,
!R,E:9=98081:9A@0891<I91:92>9<I9=0/219<86D1:96B8><B<F9)
3,3B0G=<=C, ),31:9<19=, 4,3D<F16=C,
#*,E:<18081:92>9<I9=86<D19=B@/F:)
3,N:9K020198<7<19=D<BB, ),N:9;<89>612</8>B<192, 4,N:9166I<7<BI16<B<I9,
="?@!GH%CDE"F@#"@&
!/0!"#!+12%312#,+4&54’(,+4#
UV7efg&>32@AB3()(4(Xh=DE?DFGHDE’
$
59=9<=9D6@=6D1:9G0AA92186A><=I20/1:9.,N,1:<1>=6K089>B9/1C6D2><F9D6=C6@=
D6@=PB9AA98D=09/82169Y>B6=9D=99BC</8:<K99/8B922D@/,
%&’(()%(’’*+,-,’.-(*
&6F<1980/3@=6=<&46B6=<86&4:9==C4=99IN1<19T<=I6DD9=2<G0AD=99P=@//0/A<=9<6D
6K9=!*(<F=92"ij#,O1?2<>9=D9F1>B<F9D6=86A21:<1B6K916=@/</89Y>B6=90/</<1@=<B
29110/A,J:9><=ID9<1@=92><1:7<C2&6>9/D09B82&</89K9/<>66B7:9=986A2F</F66B6DD
8@=0/A:618<C2,H0K9/012:@A920M9&01?29229/10<B16:<K9=9B0<GB986AF6BB<=2"Ek#701:
089/10D0F<106/B<G9B2D6=C6@=D@==CD=09/82&<21:9C;0A:17</89=D<=</87089,
/0110’234&567.-(*
46K9=0/A6K9=(&"**<F=92&H96=A9)@2:T<=I0/56@216/&J9Y<2&026/96D1:9B<=A921
><=I20/1:9F6@/1=C&</801:<2<G0A86A><=I0/2089,J:9V0BB09)@2:X6AT<=IF6K9=2!+
<F=92&701:B<=A9A=<22C<=9<2&>6/82D6=270;;0/A&</82:<8982>612D6==9210/A,J:9><=I02
80K08980/1629><=<19<=9<2D6=B<=A9</82;<BB86A2&9/2@=0/A2<D91C</8F6;D6=1D6=<BB,E:9/
K02010/A&G=0/A<21=6/A86AF6BB<=&<2C6@=>9170BB:<K9>B9/1C6D2><F9169Y>B6=9</8<8K9/1@=9,
!!"#$!!!!!!#""#""#$ #$%&%#’().608,94-:’1;’7068-1+&6(’108’
N01@<198<B6/A1:9N</Q=</F02F6)<C0/Z0F:;6/8&4<B0D6=/0<&T60/1O2<G9BZ9A06/<B
N:6=9B0/9026/96D1:9B<=A92186A><=I20/1:9F6@/1=C&F6K9=0/A#’<F=92,J:02><=I>=6K0892
G9<@10D@BG<CK0972</8>B9/1C6D=66;D6=86A216=@/</8>B<CD=99BC,O1<B26:<2<86APD=09/8BC
F<D[</8<7<2:0/A21<106/&;<I0/A01<F6/K9/09/1</8D@/2>61D6=<D@BB8<C6D<F10K01092,J:9
6>9/9/K0=6/;9/1;9</28@=<GB986AF6BB<=2<=9<;@21169/2@=9C6@=>91?22<D91C8@=0/A1:90=
<8K9/1@=92,
2’-(%(’’*567.-(*
O/46B@;G0<&V0226@=0&462;6T<=I02:6;9166/96D1:9B<=A92186A><=I20/1:9V087921,O12
)9<=4=99IX6AT<=IF6K9=2/9<=BC!+<F=92&6DD9=0/A7089P6>9/2><F92&1=<0B2&</8<>66B
7:9=986A2F</>B<C<=6@/8,J:02><=I<B26D9<1@=9229><=<19<=9<2D6=B<=A9</82;<BB86A2&
;<I0/A01<DB9Y0GB96>106/D6=86A67/9=2,E01:26;@F:2><F9169Y>B6=9&<29F@=986AF6BB<=
02K9=C0;>6=1</116I99>C6@=86A2<D97:0B91:9C9/\6C1:9><=I,
#!,E:9=9021:9V0BB09)@2:X6AT<=IB6F<198)
3,O/56@216/&J9Y<2, ),O/3@=6=<&46B6=<86,
4,O/46B@;G0<&V0226@=0, X,O/Z0F:;6/8&4<B0D6=/0<,
##,E:0F:><=I:<2<86APD=09/8BCF<D[)
3,462;6T<=I, ),H96=A9)@2:T<=I,
4,4:9==C4=99IN1<19T<=I, X,T60/1O2<G9BZ9A06/<BN:6=9B0/9,
#’,E:<1861:9D6@=><=I2:<K90/F6;;6/)
3,J:9CF6K9=;6=91:</!**<F=92, ),J:9C=9F6;;9/8@20/A<86AF6BB<=,
4,J:9C:<K9>66B2D6=86A216270;0/, X,J:9C80K089<=9<2D6=G0A</82;<BB86A2,
2
H01</\<B0Z<6&G6=/0/#**+&02</O/80</3;9=0F</7=019=</82F09/1021,59=><=9/12&
7:6G61:76=I980/98@F<106/&9/F6@=<A98:9=F@=06201C</8B6K9D6=B9<=/0/A,E:9/2:97<2
D6@=C9<=26B8&:9=@/FB9A<K9:9=<2F09/F9291,J:022;<BBA0D1A61:9=K9=C0/19=921980/:67
1:0/A276=I,3129K9/&2:99<=/981:9101B9X<K0826/]6@/ANF:6B<=G9F<@296D:9=21=6/A
2I0BB20/2F09/F9</8;<1:,
O/#*!(&Z<676/1:9D0=21>B<F90/1:9X02F6K9=C^8@F<106/’V ]6@/ANF09/1021
4:<BB9/A9,J:02G=6@A:1:9=7089<119/106/,N:989F089816@29:9=1<B9/121626BK9=9<B
>=6GB9;2,3D19=B9<=/0/A<G6@1@/2<D98=0/I0/A7<19=0/QB0/1&V0F:0A</&2:9F=9<198J91:C2,
J:0289K0F9192127<19=D6=8</A9=6@2B9<8</829/82=92@B1216<>:6/9,&<19=&2:98920A/98
_0/8BC&</<>>1:<1@292F6;>@19=2;<=1216D0/8:@=1D@B6/B0/9;922<A929<=BC,N:9<B26G@0B1
^>06/9&<166B16:9B>86F16=22>6120A/26D8=@A<880F106/,
Z<602<B26<7=019=,59=D0=21G66I&!"#$!%&’()%*&+,)%-&F<;96@10/#*!+7:9/2:9
7<2\@2119/,O/#*#*&2:9>@GB02:98./&0+12)%-&+3-405,)’&675)+7)"+,8)7(+&9&1$,
J:<12<;9C9<=&8:;<;"1"=5+)F:629:9=<21:9D0=219K9=_086D1:9]9<=&D9<1@=0/A:9=6/
012F6K9=,N:9<B26=9F90K9861:9=0;>6=1</1<7<=820/FB@80/A<>B<F96/>&%#)-;"1"=5+)?2’*
./89=’*B021,
U@120896D2F09/F9&Z<69/\6C2O/80</FB<220F<B8</F9&20/A0/A</8>B<C0/A1:9>0</6,N:9
:<22:<=98:9=089<2<1J^XY9K9/12</8<>>9<=980/<V<=K9B19B9K0206/2:67,59=216=C
19<F:92@21:<1C6@/A>96>B9F</;<I9<G0A80DD9=9/F90/1:976=B8,
#-,E:<1D0=2121<=198Z<6?20/19=9210/2F09/F9)
3,59=><=9/12?\6G2, ),3A0D1D=6;:9=@/FB9,
4,E0//0/A<2F:66BF6;>910106/, X,Z9<80/A<G6@17<19=>=6GB9;2,
!!"#$!!!!!!’""#""#$ #$%&%#’()#+,E:<1>=6GB9;8692_0/8BC<0;1626BK9)
3,X=@A2?9DD9F10K9/922, ),E<19=>=0F92,
4,5@=1D@B6/B0/9;922<A92, X,&<FI6D2F09/F998@F<106/,
#$,E:<1:<>>9/9816Z<60/#*#*)
3,N:9\60/98<J‘2:67, ),N:97=619:9=D0=21G66I,
4,N:976/1:9’V4:<BB9/A9, X,N:97<2/<;98<2_086D1:9]9<=,
#(,E:<102Z<6?2G9B09D<G6@119F:/6B6AC<FF6=80/A16:9=0/K9/106/2)
3,O1G9B6/A26/BC16B<G2, ),O12:6@B8G9/9D0126F091C,
4,O12:6@B8=9>B<F986F16=2, X,O12;<0/>@=>629029/19=1<0/;9/1,
%
J:9=<>08A=671:6D<=10D0F0<B0/19BB0A9/F9"3O#02F<@20/A0/F=9<29889<8BC<0=>6BB@106/,
3O=9S@0=92:@A9F6;>@19=>=6F9220/A&89;</80/AF6/21</19B9F1=0F01CD=6;>679=>B</12</8
G<FI@>A9/9=<16=2,J:02>6BB@106/02>=6\9F19816F<@296K9=!&***9<=BC89<1:2C9<=BC0/1:9
.,N,GC#*’*&701:>@GB0F:9<B1:F6212/9<=0/Aa#*G0BB06/<//@<BBC8@9160BB/92292</8;02298
76=I6=2F:66B8<C2,
X92>0191:9290;><F12&1:9>=6GB9;<>>9<=26K9=B66I98GC1:919F:0/8@21=C,*ODC6@
9Y<;0/919F:F6;></092?2@21<0/<G0B01C=9>6=12&1:9C;9/106/F<=G6/9;02206/2"lmn#</87<19=
@29&G@1F6;>B919BC0A/6=9:<=;D@B<0=>6BB@1</12<B=9<8C8<;<A0/A>@GB0F:9<B1:&+9Y>B<0/2
N:<6B90Z9/&<21@8C<@1:6=,
J:9=929<=F:19<;=9F6;;9/821:<119F:F6;></092=9>6=1<0=>6BB@106/D=6;1:90=9B9F1=0F01C
@29</8A9/9=<16=2,J:9C<B26F<BBD6=>=6>9=F6;>9/2<106/D6=F6;;@/010922@DD9=0/A1:9
76=21:9<B1:9DD9F12D=6;1:02>6BB@106/,
b61<GBC&3OP=9B<198<0=>6BB@106/:<=;2F9=1<0/B67P0/F6;9/90A:G6=:6682;6=929K9=9BC&
><=1BCG9F<@291:9C6D19/201FB629=16>679=26@=F92,Q@=1:9=;6=9&>6BB@106/2>=9<82<F=622
21<19G6@/8<=092,*X<1<F9/19=2><CB6F<B1<Y92&+Z9//6192&*G@1:9<B1:0;><F12=9<F:
/<106/7089,U1:9=<DD9F198<=9<2=9F90K9/6F6;>9/2<106/,+Q6=9Y<;>B9&>6BB@106/D=6;
‘0=A0/0<8<1<F9/19=22>=9<820/1629K9//90A:G6=0/A=9A06/2,
3219F:F6;></092F6;>91916B<@/F:/973O29=K0F92&8</A9=6@2<0=>6BB@1</12,92>9F0<BBC
10/C><=10FB929/19=0/AB@/A2,<=99Y>9F19816=0292:<=>BC,)C#*’*&:9<B1:8<;<A9D=6;3O
>6BB@106/F6@B8;<1F:1:<16D<BBK9:0FB920/4<B0D6=/0<,
*3O?2A=671::@A9BC0/F=9<29289;</8D6=8<1<F9/19=2</89/9=AC&;<I0/A011:9D<21921PA=670/A
9/9=AC@29=<F=622<BB0/8@21=092&+Z9/21<192,J=<0/0/A\@216/9;<\6=3O;689BF=9<192
>6BB@106/9S@<B16!*&***F<=1=0>2G91799/&623/A9B92</8b97]6=I,
*ODC6@==9B<10K92:<K9<21:;<6=:9<=1F6/80106/2&1:02>6BB@106/;<C:<=;1:9;168<C,
J:0229=06@2:9<B1:>=6GB9;F<//617<01&+Z9/7<=/2,
#",E:<18619F:F6;></C=9>6=12D<0B160/FB@89<G6@19/K0=6/;9/1<B0;><F1)
3,T679=>B</12?F6212, ),5<=;D@B<0=>6BB@1</12,
4,4<=G6/9;02206/28<1<, X,E<19=F6/29=K<106/9DD6=12,
#R,E:<186921:9@/89=B0/9876=8*F6;>9/2<106/+0/><=<A=<>:’;621B0I9BC;9</)
3,V6/9C6=2@>>6=1D6=B622922@DD9=98, ),b979S@0>;9/116=98@F9>6BB@106/,
4,NF09/10D0F=929<=F:6/<0=S@<B01C, X,V980F<B1=9<1;9/1D6=0BB/92292,
’*,E:C8692Z9/2<C>6BB@106/2>=9<82*/<106/7089+)
3,J6<=A@9D6=:0A:9=B6F<B1<Y92,
),J6>=6K9A9/9=<16=2<=90/9DD0F09/1,
4,J69/F6@=<A9=9B6F<106/D=6;F01092,
X,J62:67<BB<DD9F198F6;;@/01092=9S@0=9<119/106/,
!!"#$!!!!!!-""#""#$ #$%&%#’()’!,E:<1021:9;<0/F6/F9=/6D1:919Y1)
3,X<1<F9/19=2F6/2@;9166;@F:7<19=,
),3O89K9B6>;9/1=98@F92\6G6>>6=1@/01092,
4,J9F:F6;></0920A/6=9>6BB@106/>=6GB9;2,
X,3OA=671:F=9<19229K9=9<0=>6BB@106/</8:9<B1:8</A9=2,
5
Z9F9/1=929<=F:F:<BB9/A9289F<8926DG9B09D<G6@1;6/9C</8:<>>0/922,E:0B9><2121@8092
FB<0;9879<B1:79<IBC<DD9F12:<>>0/9220/=0F:/<106/2&/97D0/80/A2>=6K90/F6;9F6;><=026/
>679=D@BBC2:<>92\6C,J:9I9C02*=9B<10K979<B1:+,D99B0/A=0F:9=1:</61:9=2G=0/A2;6=9
:<>>0/9221:</:0A:0/F6;96=98@F<106/<B6/9,
Z929<=F:9=2</<BCM98’+(AB6G<B2@=K9C2F6K9=0/A#,’;0BB06/>96>B9,T<=10F0></12=</I98
1:9;29BK926/<!*PB9K9B*21<1@2B<889="opq(#+F6;><=0/A1:90=>620106/1626F091C,Z92@B12
=9K9<B9826F0<BF6;><=026/8=0K926K9=(*c6D;6/9C?20;><F16/:<>>0/922,D<=6@1790A:0/A
<F1@<B=926@=F92,*V6/9CA<0/2>679=7:9/;9<2@=98<A<0/2161:9=2&+9Y>B<0/2B9<8=929<=F:9=
X=,&99,
J:9=929<=F:9=2<B26D6@/81:<11:99DD9F16D26F0<BF6;><=026/7<221=6/A9=0/F6@/1=092&
2@F:<2N0/A<>6=9,Z926@=F9F6;>910106/D6=F92F6/21</126F0<B9K<B@<106/,]91@>7<=8F6;><=026/2
6D19/G<FID0=9,32V<=IJ7<0/6G29=K98&*46;><=026/021:989<1:6D\6C,+5<K0/A\@21<
B011B9;6=9;6/9C1:</C6@=><=9/128692/?1G=0/A;@F:2<102D<F106/&G9F<@29/67<8<C21:9
/90A:G6=2<=9FB9<=BC;@F:79<B1:09=,
4=010F<BBC&9F6/6;0FA=671:26;910;92D<0B2160;>=6K9/<106/<B:<>>0/922,E:C)J:921@8C
2@AA9212@/9S@<B>=6A=922;<I92;</CD99BB9D1G9:0/8892>019>9=26/<BA<0/2,J=@979BBPG90/A
=9S@0=92<8K</F0/AG61:>9=26/<BBC</8=9B<10K9BC701:0/26F091C?2>620106/B<889=,&<7;<I9=2
1:@2;@21G<B</F979<B1:F=9<106/701:D<0=F6;>910106/>6B0F092,
’#,56786921:921@8C;9<2@=9*=9B<10K979<B1:+)
3,)C;9<2@=0/A98@F<106/B9K9B2, ),)C@20/A<!*PB9K9B21<1@2B<889=,
4,)C=929<=F:0/A\6G2<102D<F106/D6=;2, X,)C</<BCM0/A2>9/80/A:<G012,
’’,E:C86921:9<@1:6=;9/106/V<=IJ7<0/?276=82)
3,J6F=010F0M926F0<BF6;><=026/, ),J6FB<0;:0216=0F<B70286;026@18<198,
4,J69;>:<20M9N0/A<>6=9?2@/0S@9/922, X,J60/80F<19;6/9C?289FB0/0/A0;>6=1</F9,
’-,E:<1F</G90/D9==98<G6@11=<80106/<B9F6/6;0F>6B0F092)
3,J:9C6K9=K<B@9<G26B@190/F6;9A=671:,
),J:9C9DD9F10K9BC@2926F0<BF6;><=026/,
4,J:9C>=06=010M998@F<106/6K9=79<B1:,
X,J:9C0A/6=9=926@=F9F6;>910106/,
’+,E:<1F</G9<2@01<GB9101B9D6=1:919Y1)
3,3G26B@19E9<B1:-Z9<BT<1:165<>>0/922
),E:CV6/9CQ<0B216)@CL6C0/V689=/N6F091C
4,J:950889/T679=6DZ9B<10K9E9<B1:46;><=026/
X,^8@F<106/K2,O/F6;9-b97Z929<=F:Q0/80/A2
!’0!"#+12%312#,+4&54!#,+4#
UV78fg&>fg;BDE?DFrstuv[wBGHDE’DE?<aExyz
DE’
H6682>6=12;</2:0>"{|}~#020;>6=1</1G9F<@2901;<I92F6;>91010K9>B<C;6=99/\6C<GB9
D6=9K9=C6/9><=10F0><10/A0/1:9F6;>910106/,!’$!,J:02>62010K9<>>=6<F:=98@F92F6/DB0F12
!!"#$!!!!!!+""#""#$ #$%&%#’()</8:9B>2>B<C9=2D6F@26/1:9A<;9,5679K9=&G<82>6=12;</2:0>F=9<192</9A<10K99/K0=6/;9/1
</8F</1<I91:9D@/6@16D1:9A<;9,!’(!-
<08=0,&7(->’%IJ&
E0//0/A8692/?1;<I96/919<;;6=92@>9=06=161:961:9=%01;9</21:<11:970//0/A
19<;?22I0BB2</8G9219DD6=12>@11:9;0/1:9G921>620106/1670/1:<1A<;9,]6@F</G9
9YF0198<G6@1C6@=K0F16=C&G@1C6@F</?1>@1867/1:96>>6/9/12"9(cid:127)#,
.1-)?-0(
!’"!,Q<0=>B<C;9</2:<K0/A<B9K9B>B<C0/AD09B8,^K9=CF6;>91016=:<2</9S@<B
6>>6=1@/01C1670/,ODC6@7</11670/<A<;9&9K9=C6/9;@2121<=1701:1:92<;9F6/80106/2
<21:96>>620/A19<;6=1:9>B<C9=</8D6BB671:9=@B926D1:9A<;9,
.0>,3(’,&’?3,3(’
N6;910;92C6@?BB:<K916F6;>919<A<0/21<D=09/8&D<;0BC;9;G9=&6=B6K986/9&</801
F</G9:<=816>@11:<1=9B<106/2:0><20898@=0/AF6;>910106/2,!’R!,N:96D19/2<C2&*O/!*
C9<=2&01?2/61A60/A16=9<BBC;<119=,b66/902A60/A16=9;9;G9=1:02;<1F:,b66/9?2A60/A16
=9<BBC1:0/I<G6@101,+
+&-*’&-8@4
O/;</C2>6=12&0102F@216;<=C162:<I9:</82701:1:96>>620/A>B<C9=6=19<;<D19=<A<;9,
!-*!,J:0220;>B9A921@=9:9B>29K9=C6/9=9;9;G9=7:<11=@BC;<119=20/2>6=12,
3,59<B1:CF6;>910106/=9S@0=929S@<B9DD6=1
),4:9<10/A<1<A<;902>66=2>6=12;</2:0>
4,J:02G9:<K06=0;>=6K9219<;76=I2I0BB2
X,59=9<=926;910>2D6=89K9B6>0/AA6682>6=12;</2:0>
^,E:91:9=C6@70/6=B629&1:022:672=92>9F1D6=61:9=2
Q,H6682>6=12;</2:0>19<F:92F6;>91016=2:6716G9=92>9F1D@B1661:9=2
H,Q6=9Y<;>B9&19//022@>9=21<=N9=9/<E0BB0<;2F:6629216D6F@26/1:9D@1@=9
=K?@!$LMN%CDE"F@!"@&
!/0!"#!+12%312!4&54!+4#
UV78fg&>32@AB3()(4(Xh=DE?DFrstuv[wBGHDE’
J0;E0B26/&</!"PC9<=P6B821@89/1<1)<=I9=46BB9A90/NC8/9C&3@21=<B0<&8920A/98<
26D1=6G611:<1A0K92=9<22@=0/A"(cid:128)(cid:129)(cid:130)B#:@A2,502!-!!7<2:0220219=?2D=9S@9/11=6@GB9
A9110/A<A668/0A:1?22B99>,
*O2<71:9!-#!6D>66=2B99>6/:9=&+J0;2<C2,J:9=9D6=9&D6=<:0A:P2F:66B=929<=F:
>=6\9F1&:9 !-’! 1689<B701: *<=9<B/9980/1:976=B8+,502 !--!,<:@AA<GB9&
F6P2B99>0/A=6G61,76/:0;<G0A>=0M9<1</0/19=/<106/<BF6;>910106/,
)920892=91@=/0/A:@A2&J0;?2!-+!<B26F6>092G=9<1:0/A1:=6@A:012F:921"(cid:131)(cid:132)#&
7:0F:A9/1BC=0292</8D<BB2,*J:9=6G619K9/<119;>1216!-$!012G=9<1:0/A=<19161:9
:@AA9=?2</8;0==6=:67D<211:9:@AA9=?2G=9<1:0/A&+J0;2<C2,*J:<1><=1>=6K98!-(!,
3D19=<BB&<G98=66;D</;0A:1G99/6@A:161:=676DD1:9A<2B9K9B2,O1?2/61<B7<C2A60/A16
G9;0==6=0/AC6@!-"!&+:9<882,
*VC20219=!-R!01K9=CF@19&+:92<C2,*U/96D1:91:0/A21:<12@=>=0298;97<21:<1
2:916B8;9017<2S@019!+*!</8=9<22@=0/A,+
N6;9>96>B9!+!!9;6106/<B2@>>6=186A2,)@126;9>B<F92;0A:1/61!+#!</0;<B2,
O/<2@>9=PFB9</:62>01<B&</</0;<B;<CF<@29<!+’!1620FII082,*)90/A<GB916=9<22@=9
I08202S@019<!+-!1:0/A&+J0;2<C2,*)@10176@B8G9!++!0D;C>=68@F1F6@B88601,+
!!"#$!!!!!!$""#""#$ #$%&%#’()-!,3,1=0> ),89210/<106/ 4,=92>6/29 X,0/2>0=<106/
-#,3,0;><F1 ),D6F@2 4,<8K0F9 X,0;>=92206/
-’,3,D<0B98 ),89F0898 4,=9D@298 X,802<A=998
--,3,D<K6=019 ),D@/F106/ 4,802F6K9=C X,26B@106/
-+,3,F6;>@19= ),=<806 4,;<F:0/9 X,F<=
-$,3,109 ),=9D9= 4,;<1F: X,F6;G0/9
-(,3,2>9F0<B ),F=9<10K9 4,9DD9F10K9 X,80DD0F@B1
-",3,9Y<F1BC ),0;;980<19BC 4,F<=9D@BBC X,A9/9=<BBC
-R,3,;<89 ),I9>1 4,D6@/8 X,>=6K98
+*,3,0/89>9/89/1 ),=9B<Y0/A 4,=92>6/20GB9 X,D=0A:19/0/A
+!,3,A0K9@> ),809D=6; 4,D0A@=96@1 X,G9/9D01D=6;
+#,3,<BB67 ),D998 4,=9S@921 X,<G26=G
+’,3,80DD9=9/F9 ),F:60F9 4,=02I X,F:</F9
+-,3,1C>0F<B ),F:<BB9/A0/A 4,F6/K9/09/1 X,>=6;020/A
++,3,F66B ),=9<B 4,DB9Y0GB9 X,/6=;<B
!’0!"#!*12%312!,+4&54!+4#
UV78fg&(cid:133)v[wtu!=(cid:134)(cid:135)B(cid:136)(cid:137)Y(cid:138)(cid:139)(cid:140)(cid:136)(cid:137)B(cid:141)(cid:142)(cid:143)(cid:144)’
J:95</PE90&@6C</A3/F09/1401CN019V@29@;&!+$!"B6F<19#0/&@6C</A0/49/1=<B
4:0/<?259/</T=6K0/F9&6>9/98161:9>@GB0FD6=1=0<B6>9=<106/26/L@/9+1:&#*#+,J:9
;@29@;7<20/19/898162:671:9</F09/1F01C<201!+(!"9Y021#D=6;1:9E9219=/d:6@
XC/<21C"!*-$)4%((!)4#161:9J</AXC/<21C"$!"%R*(#,J:9</F09/1F01C1:=0K98"(cid:145)(cid:146)#
<21:9F<>01<B8@=0/A1:95</PE90>9=068,
*O12B<C6@12:6721:9.F9/1=<BP<Y02"?(cid:130)(cid:147)#>B<//0/A/8920A/1:<1!+"!"<G26B@19#
0/DB@9/F98B<19=4:0/929F<>01<B8920A/,!+R!2019<B26=92:<>981:9@=G</>B<//0/A6D</F09/1
4:0/929F<>01<B2&+2<08<=F:<96B6A02159L09=<6,
J:9;@29@;:<28920A/981:=991:9;989Y:0G0106/:<BB2162:676K9=!&’**=9B0F2"(cid:148)(cid:149)#,
U/9:<BB1<I92=(&+1&!$*!;9</2*F9/1=<B6=;088B9+0/4:0/929&<20121:9;9,J:9=9B0F2
0/1:0229F106/=9K9<B:671:9</F09/1F01C7<2921<GB02:98&7:0B91:929F6/829F106/&()&
;9</0/A*0/19A=<106/+0/4:0/929&2:6721:99YF:</A9G91799//6=1:9=/>96>B9!$!!1:9
5</>96>B98@=0/A>9=06822@F:<21:9E90"##*%#$+#</8L0/"#$+%-#*#!$#!"8C/<21C#,
J:91:0=89Y:0G0106/2><F91<I92&@6C</A0129BD<2<D6F@2&!$’!"2:67#:674:0/<?220BI
9YF:</A92701:1:9E9211:=0K988@=0/A</F09/110;92,
*O/1:9D@1@=9&79<0; !$-!"76=I#16A91:9=701:6K9=29<2;@29@;216>=6;6191:9
</F09/149/1=<BTB<0/2F0K0B0M<106/&+2<08H@6Z6/A&80=9F16=6D1:9;@29@;?2Z929<=F:</8
^8@F<106/X9><=1;9/1&<880/A1:<11:9!$+!"921<GB02:#6D1:9;@29@;899>9/24:0/<?2
/<106/<BPB9K9B>=6\9F116D0/81:96=0A0/26D4:0/929F0K0B0M<106/,
=O?@!0<%CDE"F@A"@&
!/0!"54!+4#
(cid:150)(cid:151)J(cid:152)|(cid:153)?$$(cid:154)(cid:155)(cid:156)(cid:157)(cid:158)(cid:159)’J(cid:160)^¡¢*?(cid:159)£g⁄¥ƒ+&§¤'£g⁄“«
N;01:‹(cid:156)¥›’'fiigfl/(cid:176)¤'–&(cid:140)†‡(cid:138)-
!,fl–·B%
#,¥ƒ(cid:129)m’
(cid:181)¶-!,fl‘(cid:137)•‚x"*=„”%
#,'»…7‰(cid:144)(cid:133)R2(cid:190)B¿‚p(cid:192)‘R’
!!"#$!!!!!!(""#""#$ #$%&%#’()X9<=V=,N;01:&
!
!
!
]6@=220/F9=9BC&
&05@<
!’0!"54#+4#
UV78bc&`´ˆ(cid:140)†T@A,˜¯˘˙¨fla,&(cid:128)(cid:201)˚¸/(cid:204)I˝Bfg’
N<=<:&@2@<BBC9/9=A910FG9D6=9=<F92&2<179<IBC6/1:9G9/F:,N:9B66I98><B9,3
216;<F:0BB/922:<8:01:9=D<;0BC&</82:97<2210BB20FI,
46<F:X<K0221668G92089:9=,*N<=<:&F</C6@=@/1:9</F:6=B9A"G;/˛#16;6==67)
O1?21:9;6210;>6=1</1\6G&G@1C6@<=920FI,+J:9</F:6=B9A=@//9=D0/02:921:9=<F9&</8
N<=<:7<21:90=D<21921=@//9=,
N<=<:G=9<1:98:<=8,*O,,,O:<K916&46<F:,J:919<;/9982;9,+)@1:9=K60F92:66I&
</8279<12:6/96/:9=D6=9:9<8,
b9<=GC&V<C<7<1F:98&:9=:</8210A:1,N:9=</1:91:0=8B9A79BBG@17<2/?11:9
D<21921,N990/AN<=<:2620FI76==098:9=,E:<10DN<=<:A6176=29)
O/1:9B6FI9==66;<D19=>=<F10F9&V<C<2<1/9Y116N<=<:,*59C&+2:92<08A9/1BC&*:67
<=9C6@=9<BBCD99B0/A)+
N<=<:B66I98867/<1:9=2:<I0/A:</82,*b61A=9<1&+2:9<8;01198,*)@1OF</?1B91
9K9=C6/9867/,J:919<;02F6@/10/A6/;9,+
V<C<166I<899>G=9<1:,*OI/67C6@7</116:9B>&G@17:<10D=@//0/A;<I92C6@
76=29) V<CG9,,,;<CG926;96/99B292:6@B8=@/1:9</F:6=B9A1:0210;9)+
N<=<:?29C9279=9D0BB98701:19<=2&*)@17:6)O1:<216G926;96/9D<21,+
*OF6@B81=C&+V<C<6DD9=98S@091BC,*O?K9G99/>=<F10F0/A:<=8,3/846<F:F6@B8:9B>;9
>=9><=9,+
N<=<:21<=98<1:9=&*]6@?8=9<BBC861:<1)+
V<C</68898D0=;BC&*UDF6@=290 E9?=919<;;<192,J:<1?27:<119<;;<19286,79:9B>
9<F:61:9=7:9/79/99801;621,+
46<F:X<K02&7:6:<8G99/B0219/0/A/9<=GC&7<BI986K9=,*N<=<:&V<C<;<I92<A668
>60/1,Z@//0/A7:0B920FIF6@B8:@=1C6@=:9<B1:</81:919<;?2F:</F92,N6;910;921:9
G=<K9211:0/A02I/670/A7:9/16219>G<FI,X6/?176==C&1:9G<FI@>70BB1<I9V<C<?2>B<F9,+
N<=<:70>98:9=9C92,O17<21:9:<=892189F0206/2:9?89K9=;<89,
*]6@?=9=0A:1&+2:9D0/<BBC2<08&:9=K60F91:0FI701:9;6106/,*V<C<&O1=@21C6@,
]6@?BBG9<A=9<1</F:6=B9A,+V<C<B<@A:98</8:@AA98:9=D=09/8,*O?BB=@/B0I9C6@?=9=0A:1
G92089;90+
(cid:181)¶-!,¨fl(cid:137)•‚x!+*=„”%
#,'»…7‰(cid:144)(cid:133)R2(cid:190)B¿‚p(cid:192)‘R’
J:9G0A=<F9F<;91:9/9Y18<C, !
!
V<C<2;0B98&*O76@B8/?1:<K986/901701:6@1C6@=1=@21,+ !
!
!!"#$!!!!!!"""#""#$ #$%&%#’()
