2025版一遍过英语外研版9年级下册教用单元卷+听力_1、初中学习资料_24秋试卷_2025春季初中《一遍过》下册_2025版一遍过英语外研版_2025版一遍过英语外研版9年级下册

#"-B-25508,) C-+,>4
!"#$%&’( ! !"#$%&’ .-)080),) D-3*66,,),)
#!-B-5(L(4 C-45,, .-3406: D->((4
!"!!" #$##### %#!$"" # ## &’(")#*+
##-B-L,2*40>*+ C-=2<062+
!"!#$%&’"()’$ *#+%" *$ !(-I/,L(7+0:,3A+21,38,57=*6/ 21) /,(>4,1 <(,3
.-3=2++ D-+25<,
4(3,,A+21,3+21) 21) ###-
#$-B->(() C-40=, .-/(=, D-6/21<,
!!&$! ’()*+,$ "#$%&’" B-42:,2;27 C-42:,(>>
#%-B-)5(AA,) C-3,256/,)
.-42:,2>4,5 D-42:,)(;1
,%-./0"()’$ *#+$" *$ .-/21),) D-6(*14,)
!)-$.01)7# /(;>250304>5(=7(*5/(=,4(36/((+&
!"-!"# ./01203### 4/05) 6(*14574(/28, #&-B-I05,) C-U*5A503,)
$BL(*4%" ### ;2+:-
21 ,254/9*2:,,25+7;25101<3734,=# 2>4,5’,?06( B-3,6(1)G3 C-=01*4,G3 .-[,+2?,) D-J14,5,34,)
21) @2A21- .-=01*4,3G D-3,6(1)3G #’-B-32)+7 C-625,>*++7
B-2 C-21 .-4/, D-E #*-$I/,;,24/,55,A(5432734/,5,;0++L,234(5= .-)05,64+7 D-21<50+7
!!-$F,5,G321 H1<+03/ )0640(1257>(57(*# ’2’,1<- 4(=(55(;- #(-B-<08,*A C-A*401
F2AA7C054/)27% $###-JA+211,) 4(<(>(52A06106- .-4*51 (*4 D-42:,(*4
$I/21:3-I/24G3### ;/24J1,,) =(34% B-P06,;(5: C-JG=2>520) 3( #)-B-62557 C-A06: .-A*3/ D-A27
B-*3*2++7 C-,?264+7 .-I/24G31(,?6*3, D-C2) +*6: $*-B-42?0 C-3*04623,.-(>>06, D-34240(1
.-/25)+7 D-+*6:0+7 1%23/0"()’$ *#+$" *$ 4%5678"()’% *#+R" *$
!#-F(;### J;23% J>(5<(44(+(6: 4/,)((5;/,1 ##Q16,J32;(>>2>50,1) 244/,520+;2734240(1-K,
J+,>4=7/(*3,-
62++,) 242?021) A*44;(/,2873*04623,3#,-.$ 24
!!!!!!!!!!!!!!!!!!!!!!
"
B-34*A0) C-3=254 4/,L26: (>4/,625-K/,1 ;,#R$# 21) ;232L(*4 "
"
4(<,4(*4(>4/,625% 2=0))+,S2<,) =21 +,2101<#/
.-3*66,33>*+ D-;(1),5>*+ "
0$ (1 2#R%# (A,1,) 4/,)((5>(5*3-B>4,54/24% "
!$-$K/24)(,37(*5L5(4/,5)(# @21,& "
/,4((: (*42#RR# )0547L(;+-J1 4/,L(;+;,5, "
$F,032!1"#### 21) /,;(5:301 4/,A(+06,
"
3(=,6(01321) 1(4,3-
34240(1 01 (*56047- "
"
J23:,) =7>50,1) 0>3/,/2) 3(=,#RT#-U/,
B-4,26/,5 C-254034 "
3/((: /,5/,2)-J#RV# 01 =7;2++,421) >(*1) 2 "
.-;504,5 D-(>>06,5
"
>0>47S7*21 1(4,-U016,;,)0)1G4/28,2176(013% J/2)
"
!%-$M,25101<4(+(8,03+0:,+,25101<4(;2+:-
"
4(<08,4/,>0>47S7*21 1(4,4(4/,=0))+,S2<,) =21-
$N,3# ### ;,42:,4/,>053434,A L528,+7# "
#RW#% /,:,A43/2:01<4/,3=2++L(;+% 230>/, "
;,G++>01) 04G31(43()0>>06*+4- "
5,6,08,) 3(=*6/ =(1,7>(54/,>053440=,-
"
B-23>2523 C-23+(1<23
" P(462501<% ;,;,14#RX# 4(4/,L26: (>4/,
"
.-,8,1 4/(*</ D-230>
6254(<,44/,3*04623,3-’7>50,1) 450,) 8,57/25) 4( "
!&-$%& J>7(* ;2144(L,21 ,?6,++,14A+27,5 "
#RY# (1,3*04623,-@*34233/,;232L(*44(A06: *A "
+0:,O*21 F(1<6/21# /25) ;(5: 034/,:,74( " 4/,(4/,5% 4/,=0))+,S2<,) =21 5,26/,) 2)25: /21)
"
###- (*4-ZM,4=,)(04-ZF,A06:,) *A 4/,3*04623,21) "
"
B-45,23*5, C-L,2*47 (>>,5,) 4(#R!# 04>(5*34(4/,<24,(>4/,520+;27 "
.-3*66,33 D-/,2+4/ 34240(1-ZP(% 4/21: 7(*-N(* )(1G4/28,4()(04%Z !!!!!!!!!!!!!!!!!!!!!!"
!’-### 4/,/,2875201 4/03=(5101<# ;,)0)1G4<,4 =7>50,1) 21) J320) 4(/0=-Z@*34+,4=,/,+A 7(*-Z
4(36/((+(1 40=,- F,+0=A,)#1,$ 4(;25)34/,#T"#% (1,/21)
B-C,62*3,(> C-B3>(5 6255701<4/,3406: 21) 4/,(4/,5/21) 6255701<4/,+25<,
.-I/21:34( D-B325,3*+4 3*04623,-
书书书
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
$!-K/06/ (>4/,>(++(;01<03678,9&
B-I/030324,26*+4*5,=*3,*=-
C-I/,=*3,*=03(A,1 24! 2-=-
.-I/,=*3,*=03>5,,>(54/,A*L+06-
D-N(* 621 62++4/,=*3,*=24X%RS$$Y%-
$#-I/,30<1 =,2137(* 621 #### /,5,-
B-/28,2=,2+ C-,1^(7A/(4(3
.-23: >(501>(5=240(1 D-L*72A5,3,14
$$-K,621 >01) ’*3,*=U/(A ####-
B-01 H234_25),1
C-1,?44(D0101<UA26,
.-265(33>5(=M(34‘](*1)
D-L,4;,,1 B160,14B54321) ’(),51 B543
$%-I/,=24,502+!23" 03A5(L2L+742:,1 >5(=
####-
B-280304(5G3<*0), C-23/(AA01<+034
.-2345,,4=2A D-24528,+)0257
:
!
## $%& ](5<,42L(*4Z=0+04257S347+,4528,+#4
!"#$%&#’()*+"$’", 56789$Z)*501<;/06/ A,(A+,;2144(8030423
"#$%&’#Q1 4/,1(54/ 30),(>\01<U9*25, =217A+26,323A(330L+,L7*301<4/,+,23440=,-B
!’’()(*+ ,&’&’ U*L;2734240(13’ :01) (>=(5,5,+2?01<4528,+;2712=,) Z.047;2+:Z03
P,+3(1 U45,,4!%S=01*4,;2+:" L,6(=01<A(A*+2501 ./012-
H=L21:=,14!RS=01*4,;2+:" .047;2+: 032L(*44528,++01<25(*1) 26047(1 >((4-
./2501<.5(33!XS=01*4,;2+:" U*6/ ;2+:3*3*2++728(0) >2=(*3A+26,3(>014,5,3421)
-.&*(*+ ,/0’1’ ’(1-$U24-#$" 2-=-$T A-=- 3/(AA01<6,145,3-95&; 42:,7(* 4(A+26,3;/,5,7(*
"’(%&1’#B)*+43’($"EA,53(1#./0+)5,1 *1),5$%’]5,, 621 :1(;4/,A,(A+,G3+08,3;,++% ,24243=2++L*4<5,24
2/**&%34(3501’ .2++X%RS$$Y% >(5=(5,01>(5=240(1- 5,342*5214321) +,251 2L(*44/,/034(5721) 6*+4*5,(>
4/,6047L,44,5-
P216721) /,5/*3L21) D28,=(8,) >5(=C,0^01<
4(U/21</203(=,)2732<(-I/,7>(*1) 1,;^(L3
4/,5,-P21670321 2544,26/,521) D28,032)(64(5
1(;-I/,7<(44(:1(;2L(*4.047;2+: (1+01,-I/,1
4/,76/(3,2A(A*+25.047;2+: 5(*4,# : ;$ 01
U/21</20-I/,71(4(1+7,1^(7,) 4/,L,2*47(>4/,
345,,43% L*42+3(80304,) 3(=,3=2++3/(A3-####
’217A,(A+,327.047;2+: 032<(() ;274(/28,2
$"-#### 034/,6+(3,343*L;2734240(1 4(4/, 42+: ;04/ 4/,60474/,7+08,01-a/21<a/0% 24(*5<*0),
=*3,*=- >5(=C,0^01<% 320) 4(*503431(;+0:,A,53(12+4528,+
B-\01<U9*25, C-P,+3(1 U45,,4 3,5806,3L,44,5-F,4/01:3.047;2+: =2:,34528,++,53
.-H=L21:=,14 D-./2501<.5(33 L,44,56/((3,4/,450A34/,7;214266(5)01<4(4/,05
*"014,5,34321) 1,,)3% 3(04G33*5,4(L,=(5,A(A*+25 J4;234/,>053440=,J/2) )(1,4/03% 21) J:,A4 9%:;<=>?@A>.BCDE"FG.HI$ 32=,40=,-I/,A(34625)S+0:,36,1,57;0++L,+(1<
2=(1<4528,++,5301 4/,1,25>*4*5,- +((:01<014(=75,2580,;=055(5#>?@$ 4(3,,;/( "()’$ *#+V *$ 5,=,=L,5,) L7,8,57(1,;/(3,,304-I/,5,25,%X
$&-K/24)(,34/,*1),5+01,) ;(5) Z95&;Z 01 JG) L,A2701<>(5-J1 4/,=055(5% J32;2405,)S+((:01< !’ F0# M01)2-K/,5,)0) 7(* <()*501<4/,/(+0)27& =201 4(*503424452640(1301 4(42+01 4/0325,2-J4G3
&252<52A/ % 5,>,54(& 42?0)508,5-J>,+432403>0,) 4/24=7=(1,7;(*+) L, :’ J;,144(@02?01<# a/,^021<;04/ =7>2=0+7- 5,A(54,) 4/244(*503401)*3457A+27321 0=A(542145(+,01
B-&,(A+,- C-_(() 5,342*52143- <(01<4(2<(() A+26,-C*4L,>(5,/,<(44(4/,4(++ !’ J/,2504032106,A+26,-%&-#<# &&-(31),8,+(A=,14-P(;2)273% 041(4(1+7(>>,53^(L3
.-U*6/ ;2+:3- D-U/(AA01<6,145,3- 34240(1% 4/,42?0)508,53*)),1+76/21<,) )05,640(1 21) :’ C7A+21,- 4(4/,+(62+A,(A+,% L*4,16(*52<,37(*1<A,(A+,
$’-K/06/ A252<52A/ =201+70145()*6,34/,4528,+;27 1(;4/,5,;233(=,(1,,+3,L,/01) =,-U/,+((:,) !’%’-#8# &’-3/ ’&$#(1&4/,05)5,2=3-
Z.047;2+:Z& *A3,421) ;23<,34*501<# A B$ 21<50+701 2 :’ N,3-J80304,) 4/,U(*4/ Q1,(>4/,80304(53320) 01 21 014,580,;% ZP2+240
B-&252<52A/ $- C-&252<52A/ %- 6(18,53240(1 ;04/ /,5>50,1)-J;231G4;0++01<4(L, M2:,- /23+,>42),,A 0=A5,330(1 (1 =,%21) J+((: >(5;25) 4(
&(-)(1(3(*+ 042<201 3(=,40=,01 4/,>*4*5,-Z
.-&252<52A/ R- D-&252<52A/ T- A2701<>(52;(=21 +0:,/,521) ;236,54201+7^*)<01< !’%(-#=#
ZK,25,./01,3,-K,L,+(1<4((1,>2=0+7-B3
$(-./((3,4/,L,343,14,16,4(>0++01 4/,L+21: /,5L7;/24J;233,,01<01 4/,=055(5-B17;27% J :’ J4;23;(1),5>*+-I/,+2:,038,57L,2*40>*+-B1)
+(1<23,8,57(1,&)-35(*C101 (1,;27% +0>,;0++L,
04034/,L054/A+26,(>4/,.(==*1034&2547(>./012
Z####Z01 &252<52A/ R- A20) 4/,4(++21) +,>4-
L,44,521) L,44,5%Z320) 2+(62+A,53(1-
B-I/,7+(8,) 4/03450A 2+(4- I/05473,6(1)3+24,5J;233*5A503,) 4(/,252
!IJKLM$-
B1 B=,50621 <05+;/(+(8,3./01,3,6*+4*5,21) 03
!! K(;& J4G35,2++721 ,)*6240(12+A+26,-
C-I/,71,8,54((: 3*6/ 2450A- /(1: #CDEFG$-J4;234/,;(=21 21) /,5>50,1)
34*)701<01 d01^021<e108,530474(+) 4/,5,A(54,5%
:!%)-#># J621 3/(;4/,=4(7(*-
.-I/,7/24,) 4(^(01 4/03450A- ;2801<24=,>5(=4/,(4/,5;27& U/,+((:,) 6/,,5>*+
ZD*501< =7 3427% J ;23 3/(6:,) L7 4/,
!! _5,24-I/21:3-
D-I/,7A+211,) 4(<08,*A 4/03450A- 21) /2AA7-U/,;231G4;/24J4/(*</43/,;23+0:,-
’*-@&)&#/.A&*3(>d01^021<-I/,./01,3,<(8,51=,14
:!&*-#:#
$)-’246/ 4/,A,53(1 ;04/ /03(5/,5^(L 21) 4/,1 I/03;23282+*2L+,+,33(1! J3/(*+)1G4^*)<,A,(A+,3(
/23=2),2<5,24,>>(544(3*AA(544/,+(62+01)*3450,3-Z
6/((3,4/,6(55,64213;,5- 9*06:+7---B>4,52++% J)(1G4:1(;4/,0534(50,3- B-Q>6(*53,1(4-
U%VWXY"$V *$
!P2167####2-24(*5<*0), %"-K/(A20) >(54/,;504,5’ C-N(*G5,;,+6(=,-
##)*+,-.#+/0123 @(/1 456+
"D28, L-2)(64(5 B-B62501<34521<,5- .-K/242L(*47(*’
789:;<=>?@ABC/DE( FG0H
D-F(;)0) 7(* +0:,04’
#a/21<a/0 6-21 2544,26/,5 C-B6+(3,>50,1)- IJKLMNOPQ#RS+78/LTUV/=
H-F(;)0) 7(* <,44/,5,’
B-!bL# "b2# #b6 .-B)032AA(014,) ;(=21- >( WXYZ’
]-K,4((: =217A/(4(34/,5,-
C-!b6# "b2# #bL D-B4(++34240(1 ;(5:,5- $-K/24;234/,A*5A(3,(>4/,26408047&
_-D0) 7(* )(2174/01<3A,602+4/,5,’
.-!b6# "bL# #b2 %!-K/7)0) 4/,;504,5A274/,4(++;/,1 /,)0)1G4 %-K/24)0) 7(* )(&
D-!b2# "bL# #b6 /28,4(’ J%K;<=LM-NOPQ3RBCST"FG R-F(;)0) 7(* >,,+&
%*-F(;)(,3a/21<a/0>,,+2L(*44/,>*4*5,(> B-F,)0)1G41,,) 4(328,4/,=(1,7- NHI$"()’$ *#+$" *$ [\’
.047;2+:& C-F,;214,) 4(A233(1 4/,:01)1,33- 0># 4((# 2+3(# ),8,+(A# 5,2+03,# >0,+)# $-]K^_#‘abc#defgh)
B-F,>,,+3;(550,) 2L(*404- .-F,;2332403>0,) ;04/ 4/,42?0)508,5- 04# (1,# 4/01:# 2=2c,# 80304# L,62*3, %-ijklmnopqrstu/v;wx*
C-F,031G43*5,2L(*404- D-F,=2),2=0342:,L,62*3,(>405,)1,33- # # J>7(* )(1G46(=, 4( yxz{x)
.-F,)(,31G4625,2L(*404- %#-F(;=2178,/06+,3#DH$ )0) 4/,;504,5A27>(5’ d01^021<% 7(* ;(1G4:1(; /(; R-Y" f$"" |#}~(cid:127)(cid:128)(cid:129)oIm#k(cid:130)(cid:131)(cid:132)
D-F,03/(A,>*+2L(*404- B-"- C-$- +25<,./01203-B1) &"-(?7(*
|(cid:133)(
7(cid:134)|(cid:135)’)2740=,!#-(cid:136)(cid:137)"#26/0,8,!.-(cid:138)l"
2 .-%- D-V- )(1G46(=,4(d01^021<% 7(*
D,25@(/1#
##I;(7,2532<(% J;23304401<01 =7625;20401<01 %$-K/24)(;,:1(;2L(*44/,;504,5>5(=4/,A2332<,’ ;(1G4:1(;/(;L,2*40>*+P2+24003-B66(5)01<4(4/,
I/21:3>(57(*5+234,=20+- #
2+(1<+01,01 >5(14(>24(++#<,=$ 34240(1-K/,1 J B-F,)03+0:,) 4/,4(++34240(1 ;(5:,5- +(62+A,(A+,% P2+240=,2134/,&!-?(’13A+26,4(3,,
#
>012++75,26/,) 4/,34240(1% 4/,4(++34240(1 ;(5:,54(+) C-F,/,+A,) 4/,42?0)508,5- 4/,3*1-
#
=,4/244/,A,53(1 01 >5(14/2) A20) >(5=,21) J;23 .-F,<+2)+7A20) >(54/,;(=21- J4/232>236012401<80,;-I/,;0),<5233+21)%
#
>5,,4(<(-J;233(3/(6:,)-J)0)1G41,,) 4(328,4/, D-F,6/21<,) /03>,,+01<34(;25)34/,;(=21- L+*,+2:,321) ;(1),5>*+>+(;,5&#-?(&#@12445264
#
V )(++253-J;(*+) 1,8,5:1(;;/(/,;23-J;23405,) %%-K/24G3A(330L+74/,L,34404+,>(54/,A2332<,’ =0++0(13(>80304(53>5(=/(=,21) 2L5(2) ,8,577,25-
#
(>4/,/,287452>>0621) 4/,+(1<+01,% 21) 4/24 B-B1 *1L,+0,82L+,L,/280(5- N(* 621 3,,<5(*A3(>6(;321) 3/,,A ,8,57;/,5,-
N(*53#
L,/280(5;233*5A50301<21) *1L,+0,82L+,% ;/06/ 5,2++7 C-’03^*)<=,1401 4/,=055(5- N(* 621&$-$#1/ 3,,/(53,3;04/ A,(A+,(1 4/,05L26:3
M0’01<
4(*6/,) =7/,254-U(J),60),) 4(A27>(54/,1,?4625 .-B1 *1>(5<,442L+,,?A,50,16,- 5*1101<265(334/,>0,+)3-&,(A+,(1 /(53,L26: 621
"ZT[\]&$$
;20401<01 +01,- D-&27=,14244/,4(++34240(1- ,1^(74/,&%-$A$B(*+ 80,;(>4/,<5233+21) 244/,
*!4%5678"()’% *#+R" *$ $$-I/,=03301<A254244/,,1) (>4/,A2332<,=2742+:
! 2L(*44/, -
)"#$%&’( ) !"#$%&’
B-725) C-A+27<5(*1)
HIJHKLMLN
!"!!" #$##### %#!$"" # ## &’(")#*+ !=!DEFE2,--G !@$A1FE%5//# .-+0L5257 D-=*3065((=
BDB’UGJU
!"!#$%&’"()’$ *#+%" *$ #*-!"# $J4/01: A25,143/28,2<5,2401>+*,16, &[QeDIQUFJPH 122&3’g444-565,$-1)7-"8 $%-K/,5,621 7(* 5,2) 4/,A2332<,&
_[QKJP_
B-J1 21,;3A2A,5- C-J1 2)0257-
(1 4/,056/0+)5,1-
!!&$! ’()*+,% "#$%&’" $##### 3(A25,1433/(*+) A27244,140(1 4( ##K,+6(=,4(B)2=3GU6/((+-Q*536/((+03L0<21) 04 .-J1 21(8,+- D-J1 21 01804240(1-
4/,05L,/280(*5- /23(8,5W"" 34*),1432<,)$R b$V-F(;,8,5#04(1+7/2) :
,%-./0"()’$ *#+$" *$ B-J)(1G44/01: 3( C-J/(A,3( 1,25+7$"" 34*),14321) >(*54,26/,53;/,1 04;23(A,1 (1 ##./01,3,% @2A21,3,21) \(5,21 2++/28,,230,5
!"-I/,=,,401<### >(54;(/(*5301 4/,,8,101< .-J2=2>520) 1(4 D-J621G42<5,,=(5, U,A4,=L,5$"4/#$!W$- 1*=L,5;(5)3-I/,7,?A5,33=24/ 6(16,A43#QR$
3(;/,1 J62=,L26: /(=,# =7L2L7;232+5,2)7 1%23/0"()’$ *#+$" *$
D$(*9&$%5(*+ :0(#@(*+
=(5,6+,25+74/21 H1<+03/-I/,+21<*2<,)0>>,5,16,/23
23+,,A- ##K/,1 J;237(*1<% J;233(014,5,34,) 01 ./01,3, I/,36/((+/232/*<,725) 21) 1,?44(04034/,=201 )52;1 +(43(>244,140(1-U,8,52+5,6,1434*)0,3/28,
B-3A5,2) C-L5(:, =(80,34/24J;214,) 4(:1(;=(5,2L(*4./01,3, 4,26/01<L*0+)01<-I/,L*0+)01</234;(>+((53# ;04/ 30? >(*1) 4/24;,2:,5=24/ 2L0+040,3(>H1<+03/S3A,2:01<
6/0+)5,1 /28,3(=,4/01<4()(;04/ H1<+03/ 1*=L,5
.-3*>>,5,) D-+234,) 6*+4*5,+0:,:*1<>* 21) /&0"-J(>4,1 #R$# (><(01< 6+2335((=3(1 ,26/-J1 ,26/ 6+2335((= 4/,5,032
!!-$K0++’5M0<08,*323A,,6/ +24,5(1& 4(./012(1,)27- 6(=A*4,5#21 /)&’5&$@.’/O&%3/’#21) 23=254;/04,L(25)- ;(5)3-
$P(-B64*2++7# /,03### 4()27L,62*3,(> M*6:0+7% ;/,1 J ;23 +,25101< 4/,24,5 24 J42+3(/2323=2++5,2)01<25,2;04/ )0>>,5,14:01)3(> ./01,3,% >(5,?2=A+,% /23^*344,1 L23061*=L,5
/03;0>,G30++1,33- *108,53047% J;23A5(80),) ;04/ 26/216,4(34*)7 L((:3(>>,5,) L74/,34*),143- ;(5)3-H1<+03/% /(;,8,5% /23=(5,4/21 4;,147
G(P’$’; 3A,602+1*=L,5;(5)3-I/,45(*L+,34254324$$-
B-2L3,14#C-+*6:7##.-/2AA7##D-A(;,5>*+ #R%#-I/,5,;232A5(<52=4(34*)7B3021 4/,24,5
Q*536/((++0L525703*3,) >(52++4/,5,2)01<6+233,3 H1<+03/ /232;(5) # ,+,8,1$ >(54/241*=L,5-
!#-JG) +0:,4(L*72L0<21) =(),51 /(*3,-#### J 2543,04/,501 ./012(501 J1)02-J#RR# 4(<(4(
;,,:+7-I/,=,=L,53(>4/,5,2)01<6+*L 621 =,,4/,5, ./01,3,% @2A21,3,21) \(5,21 /28,;(5)34/24621 L,
/(A,04G301 29*0,41,0</L(*5/(()- ./01221) +,251 4/,C,0^01<(A,5201 2./01,3,4/,24,5
21) )(3(=,5,2)01<2>4,536/((+-
45213+24,) 234,1S(1,-I/24=2:,304,230,5>(54/,3,
36/((+-I/,36/((+(>>,5,) =,2A+26,4(A526406,-J4
B-B>4,52++ C-BL(8,2++
E%5//#,$##
;23<(() #RT# J6(*+) A526406,;/,1,8,5J;214,)-
6/0+)5,1 4(*1),53421) 4/,A+26,82+*,#ST$-
.-B325,3*+4 D-B44/24=(=,14
K,/28,2>2142340636/((+/2++-J403*3,) >(5<7=#
H1<+03/ 1*=L,5;(5)3(8,5$" )(1G4=2:,4/,
B+3(J/2) #RV# +,33(13( 4/,4,26/,5;(*+) <08,
!$-$’3K21<# JG=2>520) J621G4>0103/ 4/,;(5: 01 =,,401<321) /2801<+*16/-J4034/,A+26,;/,5,;,/(+)
A+26,82+*,6+,25-K(5)3>(51*=L,53$R 4($! 6/21<,
=,(1,S4(S(1,6+233>(54/5,,/(*53-I/24;234/,L,34
4;()273- =217,8,143# 3*6/ 2336/((+A+273# 6(16,543# 21) 01)((5
4/,(5),5(>4/,(1,3A+26,21) 4,13A+26,-./0+)5,1
A254(>=734*)701 ./012-J)(2AA5,6024,#OP$ 4/03
$D(1G4;(557-JG++<08,7(*### )273- <2=,3-
(>4,1 =0?$W ;04/ W$-B325,3*+4% 6/0+)5,1 ;(5:01<
6/216,4(#RW# 4/,L,2*40>*+254&
B-4/,(4/,5 C-4/,3,6(1) -35&’’//A1
;04/ H1<+03/ 1*=L,5;(5)3/28,2/25),540=,)(01<
J<(42+(4>5(==734*)701 ./012-J4/23<5,24+7 K,/28,2;,++S,9*0AA,) =*3065((=>(5=*306+,33(13#
.-4;(=(5, D-,8,574;(
#RX# =,21) /,+A,) =,),8,+(A 014(2=(5,3:0++>*+ 26(=A*4,55((=(>4/0547S4;(6(=A*4,5321) 2+25<,342>>5((= )0>>06*+462+6*+240(13# U V$- I/,7 =2:, =(5,
!%-J/28,1(=(1,7(1 =,L,62*3,J(>4,1 A27
=0342:,3-
#RY#-I/03./01,3,254/23<08,1 =,A+,147(> >(54,26/,534(/28,25,34)*501<+*16/ 40=,-
### 4/01<34/5(*</ K,./24-
#R!#% 3(J621 *3,4/,=;/,1 JA,5>(5=(4/,53/(;3 --- J42+3(>,,+3=(5,124*52+>(5./01,3,3A,2:,53
B-4( C-(> .-L7 D->(5
4/21 >(5H1<+03/ 3A,2:,534(*3,4/,Z=2:,24,1Z
01 H*5(A,-J/28,#T"# 21 2546,14,54(4,26/ 4/,
!&-$U05# ### 62++,) 7(* ^*341(;-J4(+) /0=4( $"-I/,36/((+/232/034(57(> 7,253-
=,4/()-K/,1 2))01<4;(1*=L,53% ./01,3,34*),143
C,0^01<(A,52-P(;4/,5,25,=(5,>213(>4/,C,0^01<
A/(1,2<201 %" =01*4,3+24,5- B-W"" C-$"" .-WR D-$W
(>4,1 L5,2: )(;1 4/,1*=L,53014(A254321) 5,<5(*A
(A,5201 =76(*1457-
$Q\-I/21:3# P2167- $!-$’(+)*+,# K/06/ A064*5,3/(;321
4/,=014(4,13A+26,21) (1,3A+26,-](5,?2=A+,%Wh
#"-B-6/(3,C-=212<,).->(5<(4 D-)5,2=,)
B-217(1, C-1((1, (8,5/,2) A5(^,64(5& X L,6(=,3W hT hR-I/03=,4/() <5,24+7/,+A3
#!-B-/,5, C-0130), .-2L5(2) D-(1+01,
.-3(=,(1, D-,8,57(1, 34*),143;(5: (*4=24/ A5(L+,=3-’2174,26/,5301
##-B->20+,) C-),60),)
!’-I/,[08,5I/2=,3503,301 4/,.(43;(+)3# ### B=,506225,4,26/01<4/,0534*),1434/,Z=2:,24,1Z
.-5,<5,44,) D-6(1401*,)
4/5(*</ M(1)(1 21) >+(;3!N"014(4/,P(54/ U,2- =,4/()-F(;,8,5% 4/,725,340++/2801<45(*L+,L,62*3,
#$-B-*140+ C-4/(*</ .-*1+,33 D-L,62*3,
B-42:,3 C-A233,3 .-62550,3 D->2++3 #%-B-,237 C-A50824, .-L(501< D-3(602+ ## (>4/,*16+,2521) )0>>06*+4H1<+03/ 1*=L,5;(5)3-
B- C-
!(-$D(7(* +0:,U06/*21 >(()& P(;% 7(* 3/(*+) >,,++*6:70>7(* 25,+,25101<
#&-B-+,251 C-,?A,64
$N,3-’7L5(4/,5321) J### +0:,/(4>(() 8,57 =24/ 01 ./012%@2A21 (5\(5,2-I/21:34(7(*5=(4/,5
.-4,34 D-6,+,L524,
=*6/- #’-B-01>+*,16,) C-45(*L+,) 4(1<*,% 2++4/,=24/ A5(L+,=3/28,L,6(=,6+,25,5
B-2++ C-L(4/ .-,04/,5 D-1,04/,5 .-<*25),) D-6(145(++,) 21) +,33)0>>06*+4-
##
!)-### 3,,01<2>0+=;04/ U0=(1# M01)2;,144( #(-B-;504,5C-)(64(5 .-264(5 D-A0+(4 .- D- $&-$’(+-./(# F(;)(,34/,;504,5+,2)
4/,A25: 2+(1,- #)-B-(5),53C-6+(4/,3.-4((+3 D-A(,=3 $#-K/,5,621 236/((+42+,143/(;L,/,+)& 014(4/,4(A06&
B-I/21:3>(5 C-J134,2) (> $*-B-:,A4(>> C-L5(:,1 014( B-J1 4/,6+2335((=- C-J1 4/,36/((+/2++- B-C7<0801<2>264-
.-C,62*3,(> D-B66(5)01<4( .-A(014,) (*4 D-3,4*A .-J1 4/,342>>5((=- D-J1 4/,6(=A*4,55((=- C-C7+03401<1*=L,53-
*#.-C74,++01<234(57- U(=,(4/,580),(33/(; /035,2)01<./01,3, %$-I/,A(,= !’31#6 95)’4’::*1;5,<)&67’ 03
>2*+43-ZJ&$-$+’&&;04/ 4/,32701<-](5,?2=A+,%
D-C73/(;01<2)036*330(1- A(,=321) A,5>(5=01<:*1<>* 01 ./01,3,452)040(12+ =,140(1,) 4(####-
&%-(34((: =,=*6/ 40=,4(+,251 1,;;(5)3;/,1 J
$’-K/24621 ;,+,251 >5(=4/,3,6(1) A252<52A/& 6(34*=,% ;/06/ 25,9*04,;,+6(=,2=(1</03T"%""" B-=,,44/,>(++(;,53G1,,)3
L,<21 +,25101<./01,3,-&&-7)0)1G4;2144(A*401
B-./01,3,/23=(5,L23061*=L,5;(5)34/21 >(++(;,53- C-,?A5,33C(503G3+(8,>(5A(,=3 4/, 40=, 4( A526403,- I/24;23 =7 <5,24,34
H1<+03/- Z’217(>=7>(++(;,5325,+,25101<./01,3,%Z .-3/(;C(503G3,>>(543248+(<S=2:01< ;,2:1,33-U(J4574(&’-/)&’%/A&04L7>01)01<21
C-I/,1*=L,53734,=01 H1<+03/ 034/,32=,23 320) C(503-ZC*432)+7% 4/,7:1(;+044+,2L(*4./01,3, D-<08,21 ,?2=A+,(>./01,3,6*+4*5, ,1^(72L+,;274(34*)7-[,2)01<035,2++72<(()
4/2401 @2A21,3,- 6*+4*5,21) 4/,6(*1457-Z %%-K/24G34/,A*5A(3,(>4/,A2332<,& 34254-
.-U(=,B30213621 *1),53421) 4/,82+*,A+26, B-I(3277,34(C(503G32640(13-
M0:,=217>(5,0<1,53% C(503(16,L,+0,8,) 4/242++
6/1$
L,44,54/21 H1<+03/S3A,2:01<A,(A+,- C-I(L*0+) L50)<,3L7=2:01<8+(<3-
./01,3,A,(A+,6(*+) A,5>(5= :*1<>*% >+701<(14(
##ZK/,1 J/28,4;((4/,53;04/ =,%J621 2+;273
D-J403=*6/ /25),5>(56/0+)5,1 4(+,251 H1<+03/ .-I(62++>(5=(5,/,+A-
5((>321) ;2+:01<(8,5;2++3-F,4/(*</44/,6(*1457 >01) (1, 4( L, =7 4,26/,5Z 03(1, (>=7
L,44,54/21 \(5,21 (5@2A21,3,- D-I(26/0,8,26(==(1 <(2+-
;231(44/24),8,+(A,)-C*42>4,5/,<(4236/(+253/0A &(-?$)/0’(3&1-K/,1,8,5JA526403,&)-4(35=7
$(-K/24)(,34/,4/05) A252<52A/ =201+742+: 2L(*4&
9%:;<=>?@A>.BCDE"FG.HI$
#\]^$ 4(34*)701 ./012% /0380,;6/21<,)- 6+233=24,3% J;0++4/01: (>4/03<5,2432701<-J621
B-F(;H1<+03/S3A,2:01<:0)3)(/25) 62+6*+240(13
"()’$ *#+V *$
Z./012/23,14,5,) 21,;A,50()% L*4=217A,(A+,G3 ’*-#&$’* 2+(4>5(= (4/,53% ,8,1 >5(= 4/,05
!’ F,7# F,157-
>5(=$R 4($!-
0=A5,330(13(>./01225,340++34*6: 01 4/,$!X"3%Z :’ F0# C0++-.(=,01 21) 42:,23,24- =0342:,3-
C-K/7H1<+03/S3A,2:01<:0)3/28,)0>>06*+47)(01<
320) C(503-ZI/24G3;/7J34254,) 4(3/((480),(34( !’ J)0)1G43,,7(* 2436/((+4()27-%&-#!# U%VWXY"$V *$
62+6*+240(13-
.-K/71*=L,5;(5)301 H1<+03/ (8,5$" 25,/25)
3/25,./01,3,6*+4*5,-Z :’ J;,144(23A,,6/ 6(=A,4040(1- )Y+,-(cid:139)#(cid:140)(cid:141)(cid:142)(cid:143)(cid:144)/y(cid:145)0H(cid:146)(cid:147)#
4(+,251-
e140+1(;% C(503/23A(34,) =(5,4/21 T" !’ _5,24-D0) 7(* ;01& +(cid:148)(cid:149)*(cid:150)Ay(cid:151)(cid:145)(cid:140)(cid:152)(cid:153)#}(cid:154) Z.5,24,Q*5
D-K/244/,L23061*=L,5;(5)325,01 H1<+03/- ./01,3,6*+4*5,80),(3(1+01,-C*4=2:01<4/,3, :’ N,3-J4((: >0534A+26,- Q*4)((5.+2335((=Z(cid:155)(cid:156)(cid:157)A(cid:158)!.QQ.&5(^,64"#(cid:159)
$)-K/06/ (>4/,>(++(;01<621 3/(;4/,A5(6,33(> 80),(3031(4,237-I2:,5,2)01<4/,A(,= !’31#6 !’%’-#:# J2+;273:1(;7(* 621 )(04- (cid:160)¡¢£⁄#+¥ƒ§5 &+21 B¤ &+21 C'“;
62+6*+2401<X h! 0>;,*3,4/,Z=2:,24,1Z 95)’4’::*1;5,<)&67’L7d* a/0=(2321 ,?2=A+,- :’ I/21:3-%(-#># «‹›!!Z‘"( F+fifl(cid:176)jL“‹›#G0H
!’ N,3-K,/2) 21 ,?60401<<,(<52A/76+233-K,
=,4/()& ZJ621 *1),53421) 21) 5,2) ,8,57;(5) 01 4/, KL–†i#‡‘·¢(cid:181)0H¶(cid:154)•‚„+¥”fi
+,251,) =*6/ 2L(*4>(() 25(*1) ./012-
A(,=%Z320) C(503-ZC*44(4(*6/ 5,2),53% J1,,) 4( ‹›/»…(cid:127)‰(cid:190)¿C(cid:135)(cid:192)(
:’%)-#8# J=033,) 04-
5,2) ;04/ A5(A,5>,,+01<3-ZU(/,1,,),) 4(+((: >(5
2’&$3&-0’-03@//’2#$11’//A
!’ ./,,5*A# F,157-&*-#=# J621 +,1) =7
=*6/ L26:<5(*1) 01>(5=240(1 21) =2:,/03>,,+01<3
B- C- 1(4,L((: 4(7(*-
3*04,26/ A254(>4/,A(,=-
:’ I/21: 7(*# C0++-J4G35,2++7:01) (>7(*-
I/(*</ 3/((401<4/,3,80),(342:,3+(43(>40=,%
!’ N(* 25,;,+6(=,-
4/,7(*1<=21 >,,+3A5(*) 4/24/038+(<3/28,013A05,)
.- D- #P_" =217A,(A+,-C(503320) 4/24/,;214,) 4( B-K/24/2AA,1,)&
%*-K/7034/,A2332<,;5044,1& C-.(1<524*+240(13# F,157-
6(1401*, L50)<01< 4/, )0>>,5,16,3 L,4;,,1 4;(
B-I(2)803,A,(A+,4(+,251 =24/ 01 ./012- .-J/2) 2/,2)26/,01 4/,=(5101<-
6*+4*5,3-ZI/03<(2+=271(4L,26/0,8,) ,230+7# L*4J
C-I(3(+8,2A5(L+,=L7)(01<62+6*+240(13- D-J2=/,5,4(/,+A 7(*-
;0++3A25,1(,>>(544()(=7A254-Z !@)$*3$+&1
.-I(A5,3,1425,6,1434*)75,3*+4(>+21<*2<, H-F28,7(* 4528,++,) 25(*1) ./012&
%"-K/24)(,3C(503=201+7;2144()(4/5(*</ 4/, +0=A5(8,(*5H1<+03/
+,25101<- ]-B174/01<014,5,3401<2436/((+&
8+(<& +---
_-K/242A047%
D-I(,?A+201 ;/70403,230,54(+,251 =24/ 01
B-I(4,26/ >(5,0<1,53./01,3,- Q1 4/,50</4032=2A
3(=,B3021 6(*1450,3-
C-I(0145()*6,2./01,3,*108,53047- J%^_ST‘a#b0cd/e$fPQO-N (>4/,36/((+<25),1-
2
"()’$ *#+$" *$
.-I(3,++./01,3,A5()*643-
C(503% 2 >(5,0<1 34*),1424.(==*106240(1 012+3* ##[\’
D-I(3/25,/03,?A,50,16,301 ./012-
e108,53047(>./012% (>4,1 3/25,3/03,?A,50,16,3(> $-†i`´ˆ˜‘j”fi‹›/”¯rs#˘
%!-F(;)0) C(503+,251 4/,./01,3,;(5) 61#7/&& 2$’#/1
./01,3,6*+4*5,(1 /038+(<#?WXY$- efgh)
B-C745213+2401<04232;/(+,- ## B <5,2432701<2+;273/,+A32+(4-I/,5,
J1 (1,80),(% >(5,?2=A+,% C(5033/25,) /(;/, %-|(cid:133)Y" f$""#}~(cid:127)(cid:128)(cid:129)oIm#k(cid:130)(cid:131)(cid:132)
C-C7:1(;01<0436*+4*52+L26:<5(*1)- &"-$’&2+(4(><5,24./01,3,32701<321) =217(>
/2) +,251,) 4/,./01,3,;(5) 61#7/&-F,45213+24,)
|(cid:133)(
.-C7=2:01<*A 3(=,3,14,16,3- 4/,=25,2L(*4/(;4(+08,&!-$ <(() +0>,-K/24G3
,26/ A2543,A2524,+7014(Z,234;,34Z-B1) /,
D,256+233=24,3# JG=8,57A5(*) 4(3/25,(*5A+21
D-C76(=A2501<04;04/ 30=0+25;(5)3- 7(*5>28(*504,./01,3,32701<’ i(4,#‘a$ >(5
0145()*6,) (1,4/,(57#Z[$ 2L(*4/(;61#7/&62=,
;04/ 7(* 4()27-I/,A+21 ;,6/((3,03 #
7(*5>28(*504,32701<21) 4,++*3&#-45; 7(* +0:,
4( =,21 Z4/01<3Z- F, 4(+) A,(A+, 4/24 2++ %#-K/24013A05,) C(5034(3/((480),(3&
#
04-
=25:,4A+26,301 2160,14./01,3,6040,3;,5,3,4*A B-F03/*1<,5>(51,;4,6/1(+(<7-
#
2+(1<2301<+,5(2) 4/24521 >5(=,2344(;,34-U(;/,1 C-F03;03/ 4(3/(;4/,5,2+./012- 6&P&%%$
I/24G32++-I/21: 7(*%
7(* ;(*+) 3270" ,5&61#7/&% 7(*G) L,32701<% ZJG= .-F03014,5,3401 ./01,3,6*+4*5,- ##’7>28(*504,32701<03% ZI(/28,>2*+43#bc$
"ZT[\]&$$
21) 1(44(5,>(5=4/,=% 4/03% 01),,)% 034(/28,
<(01<4(L*74/01<3-Z D-F03)5,2=(>L,01<2L0<8+(<<,5-
*$#$-B-80304 C-3/(; .-6+,21 D-5,26/ $!-i064(523:3Q0&13(/*N 4(<,43(=,01>(5=240(1
#%-B-;/,,+3 C-L,++3 .-3,243 D-+0</43 2L(*4’53U21),53(1G3 -
*"#$%&’( * !"#$%&’
#&-B-265(33 C-*1),5 .-L,/01) D-4/5(*</ B-A5,3,14+0>,347+, C->2=0+7+0>,
!"!!" #$##### %#!$"" # ## &’(")#*+ #’-B->205 C-32>, .-/25) D->5,, .-+(8,+76/0+)5,1 D-=,=(50,3(>36/((+
!"!#$%&’"()’$ *#+%" *$ !)-$K/06/ 034/,32>,34#L7L*3#L745201 (5L7A+21,& #(-B-,237 C-30=A+, .-,=A47 D-L*37 $#-J1 2++(>/,5213;,53# ’53U21),53(1 42+:32L(*4
$#### 42:01<2A+21,034/,32>,34(>4/,4/5,, #)-B-2+3( C-^*34 .-(1+7 D-,8,5 -
B-/,5<521)6/0+)5,1 C-/,5>28(*504,26408040,3
!!&%" ’()*+,R "#$%&’" ;273- $*-B-0> C-*140+ .-3016, D-4/(*</
.-47A,3(>45213A(54 D-A+26,33/,/2380304,)
B-J1 (4/,5;(5)3 C-B44/,32=,40=, 4%5678"()’% *#+R" *$
$$-K/06/ (> 4/, >(++(;01< 03 I[eH 2L(*4
,%-./0"()’$ *#+$" *$ .-_,1,52++73A,2:01<D-J1 21(4/,5;27 !
’53U21),53(1&
!"-$’*=# +((:# 4/,5,032/(+,01 =7^26:,4-J;214 #*-$P(;2)2737(*1<A,(A+,*3,Z)0<042+A06:+,) 45637+89
B-U/,*3,) 4()508,4(36/((+(1 ;,4)273-
21,;(1,- 8,<,42L+,3!defg"Z4(),3650L,4/,80),(3
C-U/,6(*+)1G4213;,52++i064(5G39*,340(13-
$Q/# )25+01<# 4/,/(+,03#### 3(1((1,621 4/244/,7;246/ ;/0+,,2401<-
.-U/,)0)1G4+0:,;2+:01<4(36/((+;/,1 7(*1<-
$## #-B1) 4/,3,80),(325,(>4,1 2L(*4
3,,04-
D-U/,>01)3049*06:,54(<,44(A+26,34/,3,)273-
,8,57)27+0>,-I/,7G5,,2374(;246/ 21) ,1^(7-
B-),,A C-+0</4 .-4017 D-/*<, ##B3A254(>=7/034(57A5(^,64(1 45213A(54# J)0)
$%-K/24G34/,L,34404+,>(5i064(5G3>0103/,) A5(^,64&
B-I/24G345*, C-P(4,?264+7
!!-]2=0+7A+27321 0=A(54214### 01 6/0+)5,1G3 3(=,3/(54014,580,;3;04/ A,(A+,01 =71,0</L(*5/(()-
.-_(() 0),2 D-D(1G4;(557 B-I/,M0>,(>’53U21),53(1
,)*6240(1- ’7 >0534 014,580,; ;23 ;04/ =7 >50,1) U*321G3
1%23/0"()’$ *#+$" *$ C-F(;I528,++01</23./21<,)
B-5(+, C-)5,2= <521)=(4/,5# ’53U21),53(1-
##](53(=,:0)301 C256,+(12% UA201% 4/,05]50)27 .-&,(A+,01 ’7P,0</L(*5/(()
.-;27 D-0),2 Q0&13(/*H
450A 4(36/((+/235,6,14+7L,6(=,2+044+,)0>>,5,14- D-I/,J=A(54216,(>C,01<F,2+4/7
!#-$K/24)(7(* 4/01: (>7(*5^*10(5/0</ 36/((+ ,/4@(@;/0+&33/ 1%5//#45&*;/04&’&;/0*+&
J1 U,A4,=L,5%>08,6/0+)5,1 01 C256,+(1234254,) 2 :
+0>,& J;2+:,) 4(36/((+;04/ =7>50,1)3# ,?6,A4>(5
ZL0:,L*3ZA5(<52==,-H26/ ]50)27% 4/,750),4/,05 I0=,36/21<,& I/,)27J/,25) 4/244/,C50</4
$J4/01: 0403(1,(> A,50()301 =7+0>,- ]50)273;/,1 ;,/2) 4(625572++(>(*54/01<3>(536/((+
L0:,34(#R$# ;04/ 4/,05A25,143-H26/ 40=,L,>(5, C((:34(5,;236+(301<% J;2332)-I/,L((:34(5,/2)
B-;(1),5>*+ C-=(5,;(1),5>*+ )(01<3(% 4/,7A(344/,055(*4,#:;$ (1+01,>(5(4/,5 3A(543-I/,1 ;,62*</44/,L*3-J,1^(7,) ;2+:01< L,,1 01 4/,1,0</L(*5/(() >(5V" 7,253% 21) ;232
.-=(34;(1),5>*+ D-4/,=(34;(1),5>*+ A,(A+,4(3,,-B17(1,;/(;03/,34(#R%# 4/,= L,62*3,;,6(*+) 6/24(1 4/,;27-J)0)1G4+0:,04;/,1 <5,24A+26,;/,5,A,(A+,6(*+) 6(11,644/5(*</ 4/,05
04;23520101<4/(*</# L*4’*=2+;273=2),3*5,J;(5,
!$-!"# $C0<6040,3=,21 L,44,5### $ L0< 6(*+) )(3(-I/,<5(*A /239*06:+7<5(;1 4(016+*), +(8,(>L((:3-
=752016(2421) <*=L((43!jklmn$-K/24;23
36/((+3# <(() 4,26/,53# 21) =(),51 ,9*0A=,14- /*1)5,)3(>50),53- K/,1 J=,4(+) I0=% 4/,34(5,G3(;1,5% /,4(+)
=(5,% JL,62=,2345(1<;2+:,5% 21) JL,+0,8,4/24G3;/7
$C*4;(5:01</25) 034/,=(340=A(542144/01<- I/,L0:,L*3L,<013242L(*4Y 2=,8,57]50)27 =,04;23)0>>06*+44(5*1 # o p$ 2452)040(12+
JG8,L,,1 /,2+4/72++=7+0>,-
B-/,2+4/ C-,+,64506 21) #RR# >(52L(*4%V =01*4,3-B4>0534% 04/23(1+7 L((:34(5,- ’(347(*1< A,(A+, A5,>,55,) 5,2)01<
Q0&13(/*L
.-;,2+4/ D-,)*6240(1 2>,;34*),14321) A25,143-B1) 3((1 =(5,21) =(5, ,SL((:321) =(5,A,(A+,L(*</4L((:3(1+01,-
D; .$’&*31@’()&A&3/ 1%5//#RS5; @(@*F3;/0+/
!%-M044+,U0=L2;,14/*1401<2+(1,-I/,M0(1 \01< A,(A+,^(01 4/,=-I/,5,25,3,8,52+36/((+32+(1<4/, ./0+)/(() =,=(50,362=,L26: 4(=,3(6+,25+7-
3/ 1%5//#P; %$’&
;2+:,) 25(*1)# ### /0332>,47- 5(*4,-K/,1 34*),143#RT# 4/,0536/((+% 4/,7+,28, B<5(*A (>*3:0)3(>4,1 ;,144(4/,34(5,-K,+((:,)
N(* :1(;# ;,;,5,1(4506/ ,1(*</ 244/2440=,-
B-;04/ 4/,/,+A (> C-01 >,25(> 4/,ZL*3Z21) A25: 4/,05L0:,3-K04/ =*306A+2701< 244/,1,;L((:3% (5^*3442+:,) ;04/ I0=-K,3A,14
K,6(*+) 1(42>>(5) 2625*140+J>0103/,) 36/((+-
21) L0:,#RV# 501<01<% 04>,,+3+0:,2A2547-I/, /(*535,2)01<4/,5,-I0=,16(*52<,) *34(3/25,(*5
.-244/,3A,,) (> D-01 )21<,5(>
Q0&13(/*T
+(62+A(+06,3*AA(544/,A5(<52==,-I/,7,13*5,#h 0),23L7;50401<4/,=(1 2+25<,L(25)-
!&-J4G39*04,1(037-&+,23,#### (5J621G4/,25
,/4@(@;/0+&3$’/0*@45&*;/04&’&*F3+/(*+ 3/
i$ 4/,32>,47(>4/,:0)321) A25,143L750)01<01 B>,;=(14/3+24,5% J;23L26: 21) ;233*5A503,)
7(* 6+,25+7-
1%5//#&
>5(14(>4/,<5(*A 21) #RW# 04- 4(3,,4/244/,C50</4C((:34(5,;23340++(A,1 >(5
B-3421) *A C-3A,2: *A
C,>(5,4/,L0:,L*3A5(<52==,% 04;231G4#RX# ## K,(>4,1 ;,14(1 2>2=0+7450A L745201-’(34 L*301,33-J4;23340++(+)% L*40130),04;23+0:,2
.-+((: *A D-A*4*A
>(5:0)301 C256,+(124(<(4(36/((+L7L0:,-I/,L0:, ;,,:,1)3;,;,14(1 A06106321) J+(8,) A+2701<;04/ =7 )0>>,5,14;(5+)-J1 21 25,2% 2L((: 5,2)01<;23<(01<
!’-’7<521)>24/,5*3,) 4(#### Ii24/(=,2>4,5
+21,325,1(4;0),21) 4/,452>>0603#RY#-&25,143 6(*301301 4/,A25:-I/,450A 4((: =*6/ +(1<,54/21 04 (1-P,25L7% 3(=,5,2),53;,5,3/2501<4/,050),23(1
)011,5# L*41(;/,03*3,) 4(#### (*4>(52
/(A,4/244/,L0:,L*3A5(<52==,;0++6/21<,A,(A+,G3 ;(*+) 42:,L76254()27(>6(*53,- 2365,,1 0134,2) (>4/,+25<,L(25)-U(=,;,5,5,2)01<
;2+:- 0),232L(*4<,4401<25(*1)-I/,7327L0:01<032<5,24 Q0&13(/*N (1 6(=A*4,53-J4,8,1 /2) 26(>>,,3/(A 3,++01<106,
B-;246/01<) <( C-;246/) <( >(5= (>,?,5603,-J4G3#R!# =(5,,1805(1=,14S ,/4@/ ;/0+&3$’/0*@*/4& >(()-.+,25+7% 4/,C50</4C((:34(5,;2301 <(()%
.-;246/01<) <(01< D-;246/) <(01< >50,1)+74/21 )50801<- J340+++(8,;2+:01<# L*4J1,,) 4()508,=7 65,2408,/21)3-
!(-$D0) 7(* 3,,4/,=(80,=%’>&1# ?&#7 +234 ## F(;)(7(* +0:,4/03A5(<52==,’ K0++7(* <521)6/0+)5,1 25(*1)# 3(J=201+7*3,=7625- I0=4(+) =,4/244/,5,;,5,=(5,6(==*1047
;,,:,1)& 6(130),5^(0101<04#T"# 4/,5,/2AA,134(L,2L0:, ,8,14301 4/,6(>>,,3/(A 3*6/ 23L((: 5,2)01<321)
$P(-J### <(4(4/,601,=24/,3,)273-J2= L*301 7(*5/(=,4(;1’ $"-F(;)0) ’53U21),53(1 (>4,1 <,44(36/((+;/,1 ,8,1 6(16,54321) =(80,10</43-I/,L((:34(5,;23
L*37;50401<2L((: 5,A(54- #"-B-/(3A042+C-A25: .-36/((+ D-=*3,*= 3/,;237(*1<& 4*51,) 014(2A+26,;/,5,4/,L((: +(8,53<(44(<,4/,5
B-(>4,1 C-2+;273 #!-B-5,>*3, C-^(01 .-/,+A D-23: B-C7L*3- C-C7L0:,- 21) 3/25,) 0),2321) ,?A,50,16,3-
.-3,+)(= D-*3*2++7 ##-B-+2343 C-,1)3 .-/2AA,13D-342543 .-Q1 >((4- D-C7625- ZK,++% 237(* 621 3,,% 4,6/1(+(<721) 65,2408047
*%/28,L5(*</4=7(+) L((:34(5,014(4/,%$346,14*57& %$-B66(5)01<4(4/,A2332<,# ;/06/ (>4/,>(++(;01<03 C*40323A0501&"-$%30$##;#264*2+$ 2=(),51 =,)0601,’
4/,UA501<],34082+% 4/,K014,5U(+3406,21) 4/,
JG=3(<+2) 4(3,,,8,574/01<4/24J;214,) 044((>>,54( I[eH& ’(5,4/21 T%""" 7,2532<(% 2160,14H<7A40213
’0)SB*4*=1 ],34082+-&,(A+,+0:,>25=,5321)
4/,6(==*104703340++/,5,%Z320) I0=- B-B160,14A,(A+,*3,) =2445,33,3=2),(>30+: 4( *3,) )50,) +,28,34(45,24A201-B1) 01 4/,>(*54/
L*301,33=,1 *3*2++7;(5:,) =(34(>4/,7,25% L*4
P(=244,5/(;40=,36/21<,% 4/,5,25,2+;273 34276((+- 6,14*57C.% 2=,)0601,=2),>5(= L25: #(cid:134)(cid:135)$
,8,1 4/,=(34/25)S;(5:01<A,(A+,;(*+) 42:,2>,;
A,(A+,;/(+(8,5,2)01<-K04/ 4/,),8,+(A=,14(> C-’(),51 A,(A+,340++/28,4/,32=,+0>,347+,323 &!-4$101&@#*3,$ 4(45,24>,8,5-J1 4/,101,4,,14/
)273(>>)*501<4/,UA501<],34082+-
4,6/1(+(<7% 452)040(12+L((:34(5,33/(*+) 2+3(6/21<, 2160,14A,(A+,- 6,14*57% 2H*5(A,21 360,14034)036(8,5,) 4/24L(4/
01 265,2408,;27- .-J1 2160,14./012# A,(A+,+0:,>25=,5321) =,)0601,3/28,4/,32=,6/,=062+#(cid:136)](cid:137)(cid:138)$-Q4/,5
EA$’34$;1/?13$;(*+ %//#
$&-K/24=2),4/,;504,532) 2L(*44/,(+) C50</4 L*301,33=,1 ;(5:,) 2++7,255(*1)- 360,140343*3,) 4/,6/,=062+4(=2:,2=(),51
J1 2160,1440=,3% 4/(*</ A,(A+,)0)1G4/28,205
C((:34(5,& D-(:1#7 *%’@&.’)A")&#7 *%’B&#7,&#7 9’$*&.5: =,)0601,( 23A0501-I()27% 04G3(1,(>4/,;(5+)G3
6(1)040(1,53% 4/,7/2) 4/,05(;1 ;2734(<,44/5(*</
B-P(:0)35,2) 01 04- ;23A2014,) 01 4/,U(1<D712347- &#-%5&$.&13#6/,2A$ 21) =(34/,+A>*+=,)0601,3-
4/,/(43*==,5-&,(A+,6(++,64,) L+(6:3(>06,01
C-J4;236+(301<- %%-K/,5,621 ;,A5(L2L+75,2) 4/03A2332<,& U(=,(>4/,=,)0601,3;,/28,4()276(=,
;014,521) 34(5,) 4/,= 01 21 06,/(*3,-K/,1
.-I/,3,5806,;23A((5- B-J1 21(8,+- C-J1 2360,16,L((:- &$-?’/A 452)040(12+./01,3,=,)0601,-J1 4/,4/05)
3*==,562=,% A,(A+,6(*+) 42:,4/,=/(=,21)
D-J4=(8,) 4(21(4/,5A+26,- .-J1 2/034(57=2<2c01,-D-J1 26((:L((:- 6,14*57C.% 3(=,A,(A+,&%-P&+$*#L,<01$ 34*)701<
*3,4/,=4(=2:,4/,055((=36((+,5-
$’-K/7)0) 4/,;504,5=0334/,(+) L((:34(5,& 9%:;<=>?@A>.BCDE"FG.HI$ 4/,/*=21 L()7-I/,7450,) =217)0>>,5,14;2734(
I/,5,;232:01) (>A0++(;#st$ =2),(>
B-C,62*3,/,/2) 2<(() 40=,;(5:01<4/,5,- "()’$ *#+V *$ 45,244/,A240,14321) 5,6(5),) &&-35&(’# 4/,7$
A(56,+201#u$ 4/24>,+4A+,23214+76((+-B160,14
5,3*+43-](5=(5,4/21 %%""" 7,253% )(64(535,6(5),)
C-C,62*3,4/,(;1,5(>4,1 5,2) 34(50,34(/0=- !5*5 25$*2116 )’$*5")5#*"
A,(A+,2+3(=2),L2=L((014(=2445,33,3#vw$ 4(
&’-45$34/,7>(*1) 01 L((:3-I/,3,2160,14L((:325,
.-C,62*3,A,(A+,*3,) 4(;504,4/,050),234/,5,- !’ M0+703<(01<4(4/,L21:# 3(3/,=27L,2+044+,
3+,,A (1-I/,7G5,340++*3,) 4()27-
340++*3,>*+4()27-I* N(*7(*% 2./01,3,=,)062+
D-C,62*3,04L5(*</4L26: /03<(() (+) )273- +24,-
5,3,256/,5% >(*1) 4/2401 &(-35&A234% A,(A+,*3,) 2
$(-F(;;234/,L((:34(5,)0>>,5,142>,;=(14/3+24,5& 9$C&/031( */3$ *&435(*+ :’ J4)(,31G4=244,5-%&-#=#
/,5L ;04/ 7,++(;>+(;,534(45,24>,8,5-B>4,534*)701<
B-I/,L(25) /,+A,) A,(A+,3/25,0),23,230+7- I/,5,;2342:,(*423>25L26: 234/,U(1< !’ Q\-
04% 3/,),8,+(A,) 2=,)0601,4/24328,) &)-A(##(/*1
C-I/,6(=A*4,53/,+A,) 5,2),53(5),542:,(*4>(()- D712347-J1 4/,>2=(*3A201401<(:1#7 *%’@&.’) !V ,&#"*’$:5*’)"
#=0++0(1$ (>A,(A+,>5(=)701<-
.-I/,6(>>,,3/(A L5(*</4A,(A+,6+(3,54(<,4/,5- A")&#7 *%’B&#7,&#7 9’$*&.5:#)xyz{|*$ !’%’-#>#
I()27% 360,140343 25, 34*)701< 452)040(12+
D-I/,1,;+((: >5(=4/,(*430),3*5A503,) A,(A+,- >5(=4/,U(1<D712347% 242:,(*4;(5:,5621 L, :’ V" C"5#-J/28,A20) L7K,./24-
45,24=,143’*-3/ @&)&#/.#),8,+(A$ 1,;=,)0601,3-
$)-K/24)0) (+) I0=;2144/,L((:34(5,4((>>,5& 3,,1 ;04/ >(() 01 /21)- !’ J4035,2++76(18,10,141(;-K/24621 ;,)(0>;,
U%VWXY"$V *$
B-B;27>(54/,1,0</L(*534(3,++>(()- &,(A+,244/,40=,,8,1 /2) 3A,602+=,2+L(?,3 )(1G4/28,=(L0+,A/(1,3& J621G40=2<01,4/24-
##˙¨(cid:201)j1˚l5¸(cid:204)˝˛ˇ(cid:156)/§„#—Y
C-B625,,5A24/ >(54/,7(*1<A,(A+,4(>(++(;- >(542:,(*4)03/,3-I/,72+3(*3,) A+24,3=2),(> :’ J4035,A(54,) 4/24;,;(1G4/28,4(42:,2=(L0+,
(cid:209)(cid:210)(cid:209)(cid:137)(cid:211)(cid:212)/L(cid:213)(cid:213)(cid:214)(cid:215)*(cid:216)(cid:217)(cid:218)(cid:219)/§(cid:220)(cid:221)
.-B6/216,>(54/,:0)34(3/(;4/,053:0++3- 4;(+27,53#}$ (>A(56,+201-F(4;24,56(*+) L, A/(1,;04/ *301 4/,>*4*5,-
(cid:222)*'(cid:223)(cid:224)Æ:/§(cid:220)(cid:226)ª,,
D-BA+26,>(54/,L((: +(8,534(5,2) 21) 3/25,- A*4L,4;,,1 4/,=4(:,,A )03/,3;25=- !’ [,2++7&%(-#:#
##(cid:228)0i(cid:229)(cid:230)(cid:231)(cid:181)}(cid:154)(cid:150)Z./012=2:,3=,>,,+
%*- $’(+"$:;< K/24)(,34/,;504,5 :’ K,;0++A2701 21 ,23721) 9*06: ;27-
%"-K/7;,5,4/,5,1(;,,:,1)301 2160,1440=,3& 3*5A503,)Z(cid:140)"#/Łi=>( F+G0HKL–
;2144(5,=01) *3& !’ B1 ,23721) 9*06: ;27& K/240304&
B-C,62*3,2160,14A,(A+,;214,) 4(=2:,=(5, Y" f$"" |/†iØŒ(
B-[,2)01<2+;273A+27321 0=A(542145(+,01 (*5 :’%)-#<#
=(1,7- 7(cid:134)|(cid:135)’4/,2,5(3A26,01)*3457(cid:209)(cid:210)(cid:209)(cid:137)º
+0>,- !’ K/7&
C-C,62*3,2160,14A,(A+,)0)1G4*3,2;,,:+7 (cid:236))3A26,3/0A (cid:237)(cid:238)(cid:239)(cid:240))),8,+(A /7L50) 506,(cid:221)(cid:222)(cid:216)
C-HSL((:3;0++42:,4/,A+26,(>A2A,5L((:3- :’&*-#8#
62+,1)25- (cid:217)(cid:218)(cid:219))C,0^01<%""Y Q+7=A063æ(cid:242)%""Y ¨(cid:224)Æ:)
.-C((:34(5,325,=(5,A(A*+2501 4/,6(==*1047- !’ K(;% I/243(*1)3*1L,+0,82L+,-J;(1),5/(;
.-C,62*3,4/,,=A,5(53)0)1G42++(;4/,05A,(A+, C,0^01<%"%% K014,5Q+7=A063æ(cid:242)%"%% ¨(cid:243)(cid:224):
D-I52)040(12+L((:34(5,3;0++)032AA,25014/,>*4*5,- =*6/ 360,16,21) 4,6/1(+(<7;0++L,2L+,4(
4(/28,25,34- ##W(cid:244)’$-fiflj1g(cid:154)jL“ı+(cid:246)(cid:247)łø/
2 6/21<,(*5+0>,-
D-C,62*3,2160,14A,(A+,;,5,=(5,/25)S
œQ¿Cß(cid:252)(cid:253)(cid:254)#˘Km+/(cid:246)(cid:255))
##K,,:,1)3% 2056(1)040(1,53#qr$% 42:,(*43---
;(5:01<4/21 =(),51 (1,3-
B-&5,447<(()% %-]K^_#WX!"##$%&#d’$gh)
25,2++6(==(1 4/01<3>(5=(),51 A,(A+,-F28,7(* ,8,5 C-F(;3/2++;,A27&
R-ijklmnv;{x*yx(rs(
%!-F(;=217;2734(34276((+01 2160,14./01225,
;(1),5,) 0>2160,14A,(A+,,1^(7,) 4/,32=,+0>,347+,3’ .-U(04G3>234,521) 32>,5-
25(*$ A$C&1A&?&&#10’.’(1&@
=,140(1,) 01 4/,A2332<,&
M,4G342:,2+((:- D-I/,1 +,4G3(5),54/,)03/,3>0534-
#
B-Q1,- C-I;(-
H-K,G++^*343/(;(*5/21)3;/,1 A2701<-
#
U/ 4&&C&*@1 .-I/5,,- D-](*5-
]-F(;=*6/ )0) 7(* A27>(5(*5)011,5&
#
J1 2160,14./012% 4/,5,;,5,1(;,,:,1)3 %#-F(;)0) A,(A+,01 2160,1440=,3:,,A 42:,(*4
_-C,62*3,(*5A2+=A5014!(cid:128)(cid:129)" 621 L,5,2)-
#
L,62*3,A,(A+,)0) 1(4*3,2;,,:+762+,1)25-C*4 )03/,3;25=&
J%^_ST‘a#b0cd/e$fPQO-Ng
#
4/,76(*+) 340++5,+2?2>4,5;(5:-D*501<4/,F21 B-I/,7+04621)+,3*1),54/,)03/,3-
hi‘-NOjk3R"()’$*#+$"*$
#
D712347% (>>06,53;(5:,) >(5>08,)27321) 4/,1 C-I/,76(8,5,) 4/,)03/,3;04/ 4/06: 6+(4/-
$%& #
5,34,) >(5(1,)27-D*501<4/,I21<D712347% .-I/,7A*4/(4;24,5L,4;,,1 4;(+27,53(>A+24,3-
-#@*&4A&@(%(*&1 #
(>>06,534((: (1,)27(>>,8,574,1 )273-I/,5,;,5, D-I/,7;2+:,) >2344(),+08,5#~(cid:127)$ 4/,
K/243/(*+) 7(* )(0>7(* /28,2/,2)26/,’ J1 "ZT[\]&%$
2+3(=217A*L+06/(+0)27301 2160,1440=,3% 3*6/ 23 )03/,3-
=(),51 40=,3% A,(A+,(>4,1 42:,23A0501#(cid:130)(cid:131)(cid:132)(cid:133)$-
*&#"-B-5*+,3 C-,?6*3,3 $"-K/24/2AA,1,) 4(U4,8,1 (1 BA50+%"&
+"#$%&’( + !"#$%&’ .->2643 D-,?2=A+,3 B-F,A+27,) (*430),-
#!-B-405,) C-21<57 C-F,6/(:,) 24/(=,-
!"!!" #$##### %#!$"" # ## &’(")#*+ .-,?604,) D-<(() .-F,>(*</4;04/ /03L5(4/,5-
!"!#$%&’"()’$ *#+%" *$ $’,# 4((-### J3,,4/,A/(4(# 045,=01)3 ##-B-)(64(53 C-A25,143 D-F,;,144(;(5: ;04/ /03A25,143-
#(cid:141)(cid:142)(cid:143)$ =,(>4/,/2AA7)273;,3A,14 .-4,26/,53 D-34*),143 $!-K/24)(,34/,*1),5+01,) 3,14,16,ZD; 5&$’3
!!&%" ’()*+,T "#$%&’" 4(<,4/,5- #$-B-:01) C-6+,8,5 4$1(*A; A/035Z=,21&
B-F(;,8,5 C-K/,1,8,5 .-345064 D-625,>*+ B-I/,;504,5/2) 2/,254A5(L+,=-
,%-./0"()’$ *#+$" *$
.-K/24,8,5 D-K/,5,8,5 #%-B-4(+) C-/,25) C-I/,;504,5/2) 24((4/26/,-
!"- !"# $K(*+) 7(* =01) =,(A,101<4/, #*-$’(+)*+,# K/06/ (>4/,>(++(;01< .-01804,) D-;246/,) .-I/,;504,5;235,2++721<57-
;01)(;&
30<13;0++7(* A5(L2L+73,,01 2+0L5257& #&-B-6(=,(*4 C->2++)(;1 D-I/,;504,5;233(1,58(*3-
$###-J4031(037(*44/,5,-
.-=(8,(1 D-A233L7 $#-K/06/ (>4/,>(++(;01<034/,6(55,64(5),5(>4/,
B-_(2/,2) C-P(4242++
#’-B-2L(*4 C->5(= ;504,5G3>0534S20)&
.-P,8,5=01) D-C,44,51(4
.-,?6,A4 D-;04/(*4 2-=2),U4,8,1 +,21 (8,54/,;504,5G325=
!!-I/,5,25,>(*55*LL03/ L013-&+,23,A06: *A 4/,
B- C- #(-B-L,62*3, C-4/(*</ L-6(1401*,) 4(<08,U4,8,1 L26: L+(;3
5*LL03/ 21) A*404014(4/,### 5*LL03/ L01-
.-L,>(5, D-*1+,33 6-/04U4,8,1 (1 4/,L26:
B-)0547 C-A5(A,5
#)-B-6+,25+7 C-+*6:0+7 )-A/(1,) $%"
.-A(A*+25 D-32=,
.- D- .-9*06:+7 D-A(+04,+7 B-2L)6 C-)62L .-26)L D-)L26
!#-$\,,A 9*0,4# A+,23,% J1,,) 6(=A+,4,30+,16,
1%23/0"()’$ *#+$" *$ $*-B-/*557*A C-+((: *A $$-B66(5)01<4(4/,)0257# 04036+,254/24####-
;/,1 JG=;(5:01<-
##H8,5736/((+/235*+,3>(534*),1434(>(++(;- .-<5(;*A D-)5,33*A B-C((/,+A,) 4/,;504,5328,U4,8,1
$U(557# D2)-J;(1G4=2:,217### 2<201-
F(;,8,5% 3(=,34*),143=273,,4/,#R$# 232;27 4%5678"()’% *#+R" *$ C-4/,)(64(5<28,U4,8,1 4/,>0534S20)
B-A5(<5,33 C-A+213
01 ;/06/ 4,26/,536(145(+4/,=-U(=,40=,3% 4/,7G5, ! .-4/,;504,5)0)1G4:1(;/(;4(/,+A U4,8,1
.-1(03, D-),6030(13
*1/2AA721) ,8,1 >,,+#R%#-K,++% 0>7(* 4/01: 7(*5 45637+=> D-4/,;504,5;2362+=,1(*</ 4(<08,4/,>0534S20)
!$-N(*5L5(4/,5/23^*34###-D(1G4;2:,/0=*A
+0>,03/25)%7(* =0</44/01: 2L(*44/,#RR#01 2160,14 BA50+%"# %"%T# U24*5)27 $%-K/24621 ;,+,251 >5(=4/03)0257&
*1+,3304G35,2++71,6,33257-
40=,3-](53(=,(>4/,=% +0>,;235,2++7/25)- J4;2321(5=2+=(5101<21) =7A25,143;,144( B-Q1+7)(64(53621 <08,>0534S20)-
B->2++,1 23+,,A C-;(5:,) (*4
J1 4/,(+) )273%A,(A+,L,+0,8,) 4/244,26/,53/2) ;(5: 23*3*2+-J;23+,>424/(=,;04/ =7+044+, C-J4G30=A(542144(+,251 4/,>0534S20) 3:0++3-
.-42:,1 A254 D-A20) 244,140(1
4(L,8,57#RT# 21) /2) 4/,50</44(A*103/ 4/, L5(4/,53C((21) U4,8,1-U*)),1+7% C((3/(*4,) 4/24 .-J4G31,6,332574(3A5,2) 4/,>0534S20) 80),(-
!%-$’*=# =*34J)(=7/(=,;(5: 1(;&
34*),143-&25,143)0)1G4=01) 0>4,26/,53A*103/,) U4,8,1 ;236/(:01<#(cid:144)(cid:145)$- D-J4G3*11,6,332574(A/(1,$%" 2>4,54/,>0534S20)-
$P(# 7(* ###-N(* 621 )(042>4,5)011,5-
4/,056/0+)5,1 ;/,1 4/,056/0+)5,1 )0)1G4)(;/244/,7 J5,=,=L,5,) 2>0534S20) 80),(JG) 3,,1% 3(J :
B-1,,)1G4 C-621G4
;,5,#RV# 4()(-Q>4,1% 4/,345064,524,26/,5;23% ),60),) 4(/28,2457266(5)01<+7#(cid:146)0$-J+,21,) [,6,14+7% 2A0,6,(>5,3,256/ (1 /(;21,;
.-3/(*+)1G4 D-=*341G4
4/,=(5,A25,1434/(*</4/,(53/,;232<(() 4,26/,5- #(cid:141)(cid:147)(cid:148)$ U4,8,1 (8,5=725=21) 34254,) /04401</0= 8054*2+5,2+047#i[(cid:156)(cid:157)(cid:158)(cid:159)$ ,?A,50,16,,)*624,)
!&-$’7>24/,5### 21,;>,16,#(cid:139)(cid:140)$ 24(*5
/(=,-
J1 >264% >(++(;01<36/((+5*+,3621 L,8,57 (1 4/,L26:% L,4;,,1 /033/(*+),5L+2),3#(cid:149)(cid:150)(cid:151)$- 6/0+)5,1 2L(*44/,>05,)03234,53#(cid:160)¡$ ;23)(1,-I/,
0=A(54214-](5,?2=A+,% 5*1101<01 4/,/2++;2736(*+) D; 5&$’34$1(*A; A/035% L*4J;2345701<4(:,,A 1,;i[,?A,50,16,;23),8,+(A,) L74/,e108,53047(>
$J304*3,) >(5:,,A01<4/,210=2+3(*430),&
B-4((: *A C-4((: (>> 62*3,234*),144(#RW#-J4=27/*54/0=3,+>(5 62+=L,62*3,C((;23;246/01<-JA/(1,) $%"-J U(*4/ B*3452+02% /(A01<4(,)*624,6/0+)5,1 4(+,251
.-A*4(>> D-A*4*A 21(4/,5A,53(1-](++(;01<4/,5*+,3621 2+3(/,+A 4/, 6(1401*,) 4(<08,U4,8,1 L26: L+(;3#(cid:152)(cid:153)$ ;/0+,J /(;4(L,32>,01 2>05,-J4A5,3,1432304*240(1 >(5
!’-I/,=01*4,4/,2+25=6+(6: #### J<(4*A 21) 34*),14301 4/,6+2335((=4(+,251 #RX# )0>>06*+47-J1 ;233A,2:01<4(4/,(A,524(5#(cid:154);(cid:155)$-I/,(A,524(5 6/0+)5,1 2<,) $" b$%-J1 4/,304*240(1% 4/,725,
4((: 29*06: 3/(;,5- 6+233% 24,26/,5=2723: 34*),1434(5203,4/,05/21)3 4(+) =,4/24J;23)(01<4/,50</44/01<21) 4(6(1401*, 423:,) 4(+((: 2>4,52>50,1)G3)(<^*34L,>(5,2>05,
B-;,14L7 C-;,14(*4 #RY# 4/,73A,2:-J>3(=,(1,3A,2:3(*4(>4*51% )(01<04-]012++7% U4,8,1 6(*</,) *A 2A0,6,(>2AA+, ,8,14L,<013-I/,742:,A25401 23,4(>A5(L+,=S
.-;,14(>> D-;,144/5(*</ (4/,534*),143=0</41(4L,2L+,4(/,254/,4,26/,5 21) 34254,) L5,24/01<2<201- 3(+801<26408040,34(/,+A 328,21) A5(4,644/,=3,+8,3
!(-J43/(*+) L,2### 3=((4/ ;2+: L,62*3,04G32 #R!#-U6/((+5*+,3621 /,+A 34*),143A5,A25,>(5 K/,1 4/,/(3A042+;(5:,5325508,)% 4/,74((: 21) 4/,)(<-
34520</4A24/- 4/,05(;1 >*4*5,323;,++-K/,1 4/,7#T"# 21) <( U4,8,1 4(4/,/(3A042+>(52>*++6/,6:-B>4,54/,7 I/,>01)01<33/(;,) 4/24(8,5Y"j (>6/0+)5,1
B->205+7 C-+24,+7 (*4(1 4/,05(;1% 4/,7G++3((1 >01) 4/244/,7340++1,,) ,?2=01,) /0=625,>*++7% 4/,7320) /,;23>01,-J>J 6(*+) 62+=+74,++4/,2)82142<,321) )032)82142<,3(>
.-/25)+7 D->012++7 4(>(++(;5*+,3- /2)1G4;246/,) 4/2480),(% =7L5(4/,5;(*+) /28, )0>>,5,146/(06,3-I/,72+3(+,251,) 4(=2:,;03,
!)-$J=033C0++8,57=*6/ 23;,/28,1G43,,1 ,26/ [*+,3=2:,4/,;(5+) =*6/ L,44,5-J>4/,5,25, L,,1 01 2L2) 304*240(1-J;23/2AA74/24J6(*+) 328, ),6030(134(A5(4,644/,=3,+8,3>5(=2>05,-./0+)5,1
(4/,5>(54;(7,253- 1(5*+,3% +0>,;0++L,01 )03(5),5- /0=- 4/(*</404,3A,602++7 0=A(5421421) =,2101<>*+%
*’L,62*3,!$j (>4/,=)0)1G4/28,:1(;+,)<,(>>05,324 %*-B66(5)01<4(4/,A2332<,# ;/06/ (>4/,>(++(;01<03 %"-K/7)(,34/,A+(8,5A5,4,1) 4(L,/*54’ =$@’%)-#=#
4/,L,<01101<% 21) WXj /2) 320) 4/244/,7;,5,4(( 96V<& B-I(3/(;043>50,1)+01,33- !**’ I(4/,6047+0L5257-K,G++;(5: 238(+*14,,53
7(*1<4(=2:,32>,47),6030(1301 2>05,- B-./0+)5,1 =2:,1()0>>,5,16,01 4/,>05,32>,47 C-I(328,0437(*1<- 4/,5,>(54/,J14,51,4U2>,47D27-
I/,5,3,256/,53L,+0,8,) 3*6/ i[ ,?A,50,16,3 244/,05/(=,3- .-I(6246/ 4/,,1,=7- =$@’ JG=3(A5(*) (>7(*-&*-#!#
=2),04A(330L+,4(&*+$+&% ,)*624,21) ,=A(;,54/, C-i[ ,?A,50,16,3 25, =201+7 ),30<1,) >(5 D-I(34,2+(4/,53G>(()- B-F28,>*1 4/,5,%
7(*1<-ZB36/0+)5,1 L(51 01 =(),51 40=,3% 4/,725, 6/0+)5,1 01 /0</ 36/((+- %!-K/24)(6+,8,5365*L ^273)(;04/ 4/,05>(()’ C-J4G3=7A+,23*5,-
014,5,34,) 01 3*6/ 4,6/1(+(<721) 4/,7621 ,?A,50,16, .-K,++S),30<1,) i[621 (>>,56/0+)5,1 2=2c01<+7 B-I/,7L*574/,>(() ),,A- .-D(1G4;(557# D2)-
82+*2L+,+,25101<4((+3- C-I/,7;246/ 4/,>(()- D-K/,5,25,7(* <(01<&
,8,14301 2 5,2+304*240(1 7,4;04/01 4/, 32>,
D-!$j (>6/0+)5,1 L,+0,8,) 4/,7;,5,1G4(+) .-I/,7L*574/,>(() 4;06,- H-J:1(;J1,,) 4(A5(4,64=73,+>-
,1805(1=,14%Z 320) D,+,1, K,L,5% (1, (>4/,
,1(*</ 4(=2:,32>,47),6030(13- D-I/,7)(1(4/01<;04/ 4/,05>(()- ]-JG=6/24401<;04/ =7>50,1)3(1+01,-
5,3,256/,53-ZK,++S),30<1,) i[621 A5(80),6/0+)5,1
2 %#-K/24;0++4/,6/0=A21c,,A5(L2L+7)(2>4,5 _-D(1G4,24(5)501: 01 4/,=*3,*=-
;04/ 3*5A50301<+782+*2L+,+,25101<4((+3-Z’,21;/0+,%
’(34A,(A+,2<5,,4/24/(1,347032<(() 4/01<- 65701<3(>4+7’ J%^_ST‘a#b0cd/e$fPQO-Ng
L,62*3,6/0+)5,1 /28,>,;,5+0>,,?A,50,16,3% 25,1G423
C*4)(,3’(4/,5P24*5,2<5,,’ B10=2+3621G442+:% L*4 B-J4;0++,242++4/,>(() 04>01)3- hi‘-NOjk3R"()’$*#+$"*$
A/73062++7345(1<% 21) 25,+,33+0:,+74(/28,+,251,)
621 4/,7+0,;04/ 4/,05L()0,321) L,/280(5’ B10=2+ C-J4;0++3/25,4/,>(() ;04/ (4/,53- D,25D280)#
=*6/ 2L(*4>05,32>,47% 4/,7G5,(>4,1 =(3424503:-
,?A,543=271(462++04+701<% L*44/,7)(2<5,,4/24 .-J4;0++>0</42<201 ;04/ 4/,;011,5- F(;03,8,574/01<<(01<& N(* 23:,) =,2L(*4
F(;,8,5% 4/,5(+,4/246/0+)5,1 A+2701 4/,>05,32>,47
=217210=2+3L,/28,)03/(1,34+74(>((+(4/,5210=2+3- D-J4;0++>01) >(() ;04/ (4/,53- ./01,3,>2=0+75*+,321) 82+*,301 7(*5+234+,44,5-
244/,05/(=,33/(*+) 1(4L,*1),5,340=24,)#¢£$-
D03/(1,347(>4,1 /,+A34/,=3*5808,#Ĥ$- %$-012+3* B66(5)01<4(&252<52A/ T# 01 &"-7*=7(A010(1# 4/,725,6(==(1 L,+0,>34/24
Z./0+)5,1 )(1G41,,) 4(L,2+;273;20401<>(5/,+A 01
’217:01)3(>L05)325,8,57 ;/06/ A064*5,621 ;,>01) 2Z1*&$C;Z210=2+& >2=0+7&!-A&AP&’1!=,=L,5" 3/(*+) >(++(;-
)03234,53-K04/ 4/,3,i[,?A,50,16,3% ;,621 =2:, 3*66,33>*+ 24 >((+01< (4/,5 ]5(=28,577(*1<2<,# =7A25,1434(+) =,4(
6/0+)5,1 *1),53421) 4/,503:321) 5,2+0c,4/,7621 5,3A,64&#-35&(+) 21) 625,>(54/,7(*1<-’217
210=2+3-BL05) 62++,) 4/,A+(8,5
/,+A%Z320) K,L,5- &$-3’$@(3(/*$#!452)040(1" 34(50,32+3(4(+) *3/(;4(
#¤$ 3(=,40=,3A5,4,1)3#'“$
$&-K/24G34/,A*5A(3,(>4/,1,;i[,?A,50,16,& L,/(1,3421) :,,A (*5A5(=03,3-K/,1 A,(A+,25,01
4(L,/*5401 (5),54(A5(4,64043
B-I(),3650L,6/0+)5,1G35,2640(134(>05,)03234,53- 7(*1<-K/,1 21 ,1,=7<,436+(3,4(0431,34% 4/, B- C- 45(*L+,# L,4/,5,21) /,+A 4/,=-J&%-’&$##;!5,2+"
,1^(7,) 5,2)01<4/(3,34(50,321) J;2301>+*,16,) L7
C-I(4,26/ 6/0+)5,1 4(328,4/,=3,+8,301 2>05,- A+(8,5A5,4,1)34(/28,2L5(:,1 ;01<-I/,,1,=7
&&-45$3J5,2) 21) /,25)-B3J&’-+’&4!<5(;"
.-I(0145()*6,;273(>28(0)01<2>05,4(6/0+)5,1- >(++(;34/,Z/*54Z2)*+4% +,2801<4/,L2L7L05)332>,-
(+),5# J62=,4(*1),53421) 4/,&(-(A./’3$*%&
D-I(0165,23,6/0+)5,1G3014,5,3401 i[,?A,50,16,3- B1(4/,5:01) (>L05)% 4/,
!0=A(54214" (>>2=0+75*+,321) 82+*,3-J4/01: ;,
$’-]5(=4/,>01)01<3# ;/24G34/,6/0+)5,1G324404*), 365*L ^27#«‹›$% L*50,3#fi$
4,,12<,531,,) &)-.$11W3/ .$11!A233" 4/,=)(;1-
!⁄¥" 4(;25)34/,1,;i[,?A,50,16,& 043>(() 3(042+;273/233(=,4/01<
B5,4/,5,217>2=0+75*+,321) 82+*,3+0:,’*-/0’1
B-D(*L4>*+- C-K(550,)- 4(,24-U65*L ^2732+3(34,2+>(()- .- D-
!;," 01 7(*56(*1457& &+,23,;504,4(=,3((1-
.-e16,54201- D-U*AA(5408,- I/,7;246/ ;/,5,(4/,53L*57 %%-K/24034/,L,34404+,>(54/,A2332<,&
_(() ;03/,3#
$(-$’(+"$:;< K/06/ (>4/,>(++(;01< 4/,05>(() 21) 34,2+04-C*46+,8,5365*L ^2733,,=4( B-D(210=2+3+0,&
M0F*2
:1(;;/,1 (4/,5325,;246/01<4/,=-U(4/,7<,4L26: C-F(1,347(5)03/(1,347&
01 4/,)0640(1257L,34,?A+20134/,*1),5+01,) ;(5) U%VWXY"$V *$
+24,5% *1L*574/,>(()% 21) L*57042<201 3(=,;/,5, .-F(;)(210=2+3A5(4,64+08,3&
Z&*+$+&Z01 &252-R& F)*+,-.#(cid:154)}’$4/#01KL–
,+3,- D-F(;)(210=2+3>01) >(()&
†i(
&*+$+&E#1k$,#)%E
./0=A21c,,3621 2+3( L, 9%:;<=>?@A>.BCDE"FG.HI$ p2|’2660),14# /*54(1,G3+,<# L21)2<,#fl(cid:176)$#
.’)<#,1+<2<,)# ,1+<2<+01<-
1*&$C;-B>4,52>0</4% 4/,+(301< "()’$ *#+V *$ 80304
!4()52;(1,G3244,140(1 21) :,,A 4/,= 6/0=A21c,,;0++<08,043/21) 4( =$@’ K/2425,7(* )(01<(1 4/,6(=A*4,5# B11& W(cid:244)’
014,5,34,) 4/,(4/,5- K/,1 4/, ;01101< !**’%&-#># $-|(cid:133)’ Y" f$"")
"4(<08,3(=,L()72^(L 6/0=A21c,,A*43(*4043/21)% =$@’ D(7(* :1(;4/,=;,++& %-H3(cid:231)4#\5bc#’678#defgh)
#4(L,<01 >0</401<;04/ 3(=,L()7 4((% 4/,6/0=A21c,,325,>50,1)+72<201-C*421 210=2+ !**’%’-#2# I/,725,=7>50,1)301 5,2++0>,- R-ijklmnv;{x*yx(
$4(>04(1,A254(>2=26/01,014(21(4/,5 =$@’ _(()-N(* :1(;#04621 L,)21<,5(*3
,?A,54(16,32;2+(301<6/0=A21c,,42:,4/,;011,5G3
3(4/,7621 ;(5: 4(=2:,>50,1)3(1+01,-
/21) 21) 34254>0</401<2<201-K/,1 6/0=A21c,,3>01)
!**’ U*5,# D2)-%(-#<#
B-! C-" .-# D-$ >(()% 04G3124*52+>(54/,= 4(657(*4-I/,1 (4/,5
=$@’ I/24G350</4-B1) 7(* =272)803,7(*5>50,1)34( #
$)-]5(= &252-R# ;,=201+7<,44(:1(; 4/, 6/0=A21c,,36(=,5*1101<-C*43(=,6+,8,56/0=A21c,,3
L,625,>*+# 4((- #
#### (>4/,1,;i[,?A,50,16,- +,251 4(6578,573(>4+7;/,1 4/,7>01) >(()-I/24;27%
!**’ J;0++4,++4/,=+24,5-J1 >264# JG++=,,44/,=4/03 #
B-),8,+(A=,143 C-2)82142<,3 (4/,56/0=A21c,,3)(1G4/,254/,=% 21) 4/,7)(1G41,,)
2>4,51((1- "ZT[\]&%$
.-9*2+040,3 D-0145()*640(13 4(3/25,4/,>(()-
*(#!-B-/(3A042+ C-36/((+ Q*430),I,=A,524*5,%Xl
.-/(=, D-;(5:A+26,
,"#$%&’( , !"#$%&’
##-B-&5(L2L+7C-F2AA0+7.-B1<50+7D-M*6:0+7
!"!!" #$##### %#!$"" # ## &’(")#*+ #$-B-30<1 C-A*5A(3,.-^(:, D-30</4
#%-B-+(34 C-3/(;,) .-5,9*05,)D-23:,)
!"!#$%&’"()’$ *#+%" *$ !)-!"# $’7L(7# 0>7(* :,,A ,2401<^*1: >(()#
#&-B-*140+ C-3016, .-0> D-2>4,5
7(* ;0++### ;,0</4- B- C-
#’-B-+,>4 C-=(8,) .-=033,) D-62++,)
!!&%$ ’()*+,V "#$%&’"
$J:1(;-J^*34>,,+4/,>(() 4234,33(<(()-
#(-B-A(+06,=21 C-4,26/,5
B-A*4(1 C-A*4*A
,%-./0"()’$ *#+$" *$ .-1*53, D-;204,5
.-A*4)(;1 D-A*42;27
#)-B-L(5,) C-6(1>0),14
!"-J>7(* ;2144(23: >(5306: +,28,#7(* =*34<,47(*5
#*-$###&
4,26/,5G3#### >0534- .-405,) D-625,>*+ .- D-
$Q/# J)(1G44/01: 4/,=,)0601,;(5:3(1 =,%
B-01345*=,14 C-2<5,,=,14 $*-B-=033,) C-42*</4 $$-K/,5,034/,=24,502+A5(L2L+7>5(=&
JG=>,,+01<,8,1 ;(53,-
.-26/0,8,=,14 D-),8,+(A=,14 .-<28, D-5,6,08,) B-B32>,471(406,- C-B4528,+<*0),-
B-J34/,5,2174/01<3A,602+
4%5678"()’% *#+R" *$ .-B;,24/,55,A(54- D-B6252)8,5403,=,14-
!!-!"# I/(*</ 4/,### 621G43,,2174/01<#
C-K/7)(7(* 4/01: 3(
! $%-K/24G34/,A*5A(3,(>4/,=24,502+&
4/,05/,2501<03=*6/ L,44,54/21 4/24(>4/,
.-F(;)(7(* >,,+4()27
45637?@A B-I(;251 A,(A+,1(44(342701 4/,625-
(5)01257!–<†" A,(A+,-
D-K/24621 J)(>(57(*
C-I(4,++A,(A+,4/,0=A(54216,(>,?45,=,/,24-
B-L+01) C-7(*1< .-(+) D-),2>
1%23/0"()’$ *#+$" *$
.-I(5,=01) A,(A+,4(;,25+0</4;,0</46+(4/,3-
!#-$](5,34>05,325,3(### 4/24+(43(>45,,321)
# # !"# K/,1 I,5,32244,1),) 2>0534S20) D-I(4,26/ A,(A+,/(;4(A5,8,14/,24S5,+24,)
/(*3,3=27L,L*51,)-
6(*53,% 3/,/2) 1(0),24/243/,;(*+) 328,2+0>,;04/ ),24/3-
$I/24G345*,-B1) 4/,7G5,8,57)0>>06*+44(A*4
#R$# 3:0++3;04/01 26(*A+,(>)273- :
(*4-
](547S,0</4/(*532>4,54/,6(*53,% ;/0+,I,5,32 ##B10=2+301 4/,;0+) =*34L,8,576+,8,521)
B-/25=>*+ C-4/21:>*+
;23(1 10</4)*47#T‡·$ 24/,5#R%# ( 2L()7 9*06: 4(34272;27>5(=)21<,5-@*34+0:,7(* A+27
.-625,>*+ D-/,+A>*+
L*0+)01<6+*L% 3(=,(1,>,++(8,5L,62*3,(>/,254 /0),S21)S3,,: #…‰(cid:190)$% 210=2+3/28,4/,05(;1
!$-$J)(1G4+0:,4/,3+,,A01<L2<# D2)-
)03,23,- ;273(>/0)01<21) 342701<2;27>5(=4/01<34/24=0</4
$K/24)(7(* ##### C(L& J4G3262=A# 1(4
Z#RR#% J32;/0=<()(;1 21) J5*3/,) 4(/03 /*544/,=-I/,05,253% 1(3,3% 21) ,7,325,2++3*A,5
2/(4,+-
30),24(16,-H8,574/01<4/24J/2) ^*34+,251,) 0=A(54214>(53,1301<)21<,525(*1) 4/,=-
B-3*<<,34 C-0=2<01,
U(=,210=2+3% +0:,52LL043% /28,L0<,25321)
2=2c01<+762=,4(=01)-ZI/,5,;,5,1(#RT# (>
.-,?A,64 D-;03/
621 /,255,2++7;,++% 3(4/,7621 +034,1 >(52173(*1)3
+0>,% 3(I,5,324*51,) /0=(1 /03L26:% 4(+) 2342>>
!%-J)0)1G4>01) 4/24J+,>4=7JD625) 24/(=,*140+J
4/24=0</4=,21 45(*L+,-B+3(% 4/,05,7,325,(1 4/,
=,=L,54(<,44/,6+*LG3BHD#2/,+A>*+=26/01,$%
;23### 4(3/(;04L,>(5,J<(4(1 4/,A+21,-
4;(30),3(>4/,05/,2)3% +,4401<4/,= 3,,25(*1)
21) 23:,) 21(4/,54(62++21 2=L*+216,-
B-01804,) C-45*34,)
;04/(*4/2801<4(4*51 4/,05/,2)3-
ZJ34254,) .&[#(cid:181)¶•‚$ 233((1 234/,
.-42*</4 D-5,9*05,)
B10=2+3+0:,6/2=,+,(13621 6/21<,4/,056(+(*5
=26/01,;235,2)7% 21) 4;(3/(6:3;,5,<08,1-ZI/,
!&-$F0# C(L% K/24G3 (8,54/,5,&
4(/0),>5(=A5,)24(53#¿(cid:192)`$ L7+((:01<8,57=*6/
=21 #RV# 3(=,30<13(>+0>,% L*4;23*12L+,4(
$Q/# I(=21) D06: 25,A+2701<6/,33# ;04/ 2
$"-K/06/ 304*240(1 034/,=(34)21<,5(*3266(5)01<4( +0:,4/,45,,321) +,28,34/,7+08,01-J=2<01,L,01<
L5,24/,1(5=2++7-I,5,326(1401*,) 42:01<625,(>/0=
65(;) (>34*),143;246/01<4/,=- 4/,=24,502+’ 2L+,4(4*51 4/,6(+(*5(>4/,;2++01 7(*55((=4(/0),
#RW# 21 2=L*+216,25508,)-I/,=21 ;2342:,1 4(
B-/2AA,101< C-2AA,2501< B-B1 (+) =21 01 2A25:- )*501</0),S21)S3,,:&
.-;(5:01< D-3/0101< /(3A042+- C-B)032L+,) ;(=21 01 2/(*3,- K/,1 3(=,210=2+3>,,+3625,)% 4/,74574(+((:
!’-U/2++;,34(A 21) ;204>(5(4/,53& I/,7;0++ ZJ# RX # 4/,/(3A042+,25+74/,>(++(;01< .-B6/0+) 01 26+2335((=- L0<21) 36257% +0:,A(56*A01,3#´ˆ$ ;/(=2:,4/,05
### 01 2>,;=01*4,3- =(5101<21) ;235,+0,8,)#O„”»†$ 4(L,4(+) D-B1 (*430),;(5:,52426(1345*640(1 A+26,- 9*0++3# ˜ ¯ $ 3421) *A- U(=, 210=2+3% +0:,
B-62++(>> C-5*1 2;27 4/244/,=21 ;23Q\21) 4/24/0312=,;23_52/2=- $!-F(;4(28(0) /,24S5,+24,) ),24/3266(5)01<4(4/, (A(33*=3% ,8,1 26423+,,A (5)(1G4=(8,3(4/242
.-6246/ *A D-<08,*A I/,#RY# +,4/0=42+: 4(=,-F,4(+) =,4/2404;23 =24,502+’ A5,)24(5;0++4/01: 4/,725,),2) 21) 25,1(4>*1 4(,24
!(-$’7+044+,3034,5### (>>4/,L0:,;/0+,3/, 2+(8,+7)274(L,2+08,-ZK04/ _52/2=<,4401<=*6/ !D501: ;24,5-#"U4276((+-##_(3;0==01<- 21) +,28,4/,=2+(1,-
###- L,44,5% I,5,32L,62=,=(5,#R!# 01 *301<>053420)- $K,25+0</4S6(+(*5,) 6+(4/,3- K/,1 01 <5(*A3% 210=2+3/,+A ,26/ (4/,5(*4-
$I/24G34((L2)-U/,3/(*+) L,=(5,625,>*+- ZJ;2144(4/21: =7>0534S20) 4,26/,5@2=,3% >(5 B-!"# C-!"$ ’,,5:243% >(5,?2=A+,% /28,(1,>50,1) ;246/ (*4>(5
B->,++) 0350)01< 4/,4520101<21) 2)806,J#T"#-ZI,5,323/25,) /,5 .-!#$ D-"#$ )21<,5;/0+,4/,(4/,53+((: >(5>(()-J1 4/03;27%4/,5,
C->,++) ;2350)01< 34(57(1 24,+,8030(1 A5(<52==,4(<,4/,5;04/ _52/2= $#-012+B1 K/06/ (>4/,>(++(;01<621 3/(; 25,2+;273,?452#˘˙†$ ,7,3+((:01<>(532>,47-
.-;23>2++01<) 5(), 21) /,5>0534S20) 4,26/,5- 4/,5,+240(13/0A L,4;,,1 40=,21) 4/,4,=A,524*5, C7*301<4/,05L()0,321) ;(5:01<4(<,4/,5%
D-;23>2++01<) ;2350)01< #"-B-=7##C-7(*5##.-/,5##D-/03 01 2625& 210=2+3/28,3=254;2734(342732>,01 4/,;0+)&
*)$&- $’(+-./(# F(;)(,34/,;504,5=2:, 4/(*</4),,A+72L(*44/039*,340(1 21) ;5(4,2A5(A(32+ %%-K/24G34/,A5(A(32+;5044,1 >(5’ I/0334(57031(43A,602+21) K21<G3=(4/,5031(4
4/,4(A06,230,54(*1),53421) 01 &252<52A/$&
#)¨$ 4(4/,./012N(*4/ ’(),+./01,3,&,(A+,G3 B-I(;01 21 2;25)- &%-$#/*&-U/,03^*34(1,01 2<5(;01<1*=L,5(>4/,
B-C74,++01<234(572L(*4210=2+3-
&(+04062+.(13*+42408,.(1>,5,16,#(cid:201)J˚¸(cid:204)˝(cid:157)˛ C-I(L*0+) 21*5301</(=,- (+) ;/(+(3,&&-35&A1&#)&101 A+2701<;04/ A/(1,3-
ˇ—(cid:209)$-I/,72)803,) 4(L*0+) =(5,(+) A,(A+,G3 .-I((>>,56((:01<3,5806,34(4/,(+)- .(=A25,) ;04/ (4/,52<, <5(*A3% 4/, (+) /28,
C-C723:01<3(=,9*,340(132L(*4210=2+3-
3,5806,34240(1301 4/,1,0</L(5/(()-I/,72+3(<28, D-I(625,>(5(+) A,(A+,01 2L,44,5;27- &’-?&4&’6/216,34(^(01 01 3(602+26408040,3-B
.-C7*301<1*=L,534(),3650L,210=2+3GL()0,3-
3*<<,340(132L(*4/(; <(8,51=,143% 1,0</L(5/(()3 9%:;<=>?@A>.BCDE"FG.HI$ 3=254A/(1,034/,L,34;27>(54/,=4(:0++40=,-
D-C76(=A2501<210=2+3G26434(/0),S21)S3,,:
21) /(3A042+3621 ;(5: 4(<,4/,54(=2:,4/03/2AA,1- "()’$ *#+V *$ ZC,625,>*+;/,1 *301<7(*5A/(1,3% &(-/’7(*
<2=,3-
D0>>,5,14>5(=21*5301</(=,% 21 (+) A,(A+,G3 !’ F,++(# @21,% K/7)0)1G47(* 6(=,4(36/((+(1 ;0++L,,230+7>((+,)&ZB+4/(*</ 4/,(+) 25,2+;273
$’-$’(+)*+,# K/06/ (>4/,>(++(;01<03
3,5806,34240(1 (>>,534/01<3+0:,)2740=,625,% 6+,2101< 40=,7,34,5)27=(5101<& ;251,) +0:, 4/03% (1+01, >52*)3# (cid:212) (cid:213) $ 340++
=(34A5(L2L+72Z6/2=,+,(1Z&
&)-5$..&*4(4/,=-B640(1 3/(*+) L,42:,1-
21) >50,1)3/0A 4((+) A,(A+,;/(+08,01 4/,05(;1 :’%&-#8#
](54/,(+)% 4/,73/(*+) 6(145(+4/,05365,,1 40=,
/(=,3-I/,34*),1433*58,7,) =(5,4/21 $%$"" !’ B1 2660),14& K23043,50(*3&
21) <,4,1(*</ 5,34-I/,7(*1<3/(*+) /,+A 4/,=+,251
A,(A+,% 2L(*4!" A,56,14(>4/,= 320) 4/,7;(*+) :’ P(# 04;231G4-
=(5,2L(*4(1+01,32>,473(4/244/,7621 ’*-.’/3&%3
A5,>,5*301<4/,34240(13G3,5806,34(=(801<014(2 !’%’-#2#
4/,=3,+8,3-B+3(% 4/,7(*1<621 )(=(5,26408040,3
B- C- 1*5301</(=,-F(;,8,5% 4/,5,25,1(4,1(*</ (>4/,3, :’ K/,1 =7>50,1) \24,21) J62=,4(36/((+L7
;04/ 4/,(+) +0:,42+:01<% ;2+:01<21) 4528,+01<-
34240(13% 21) =21725,1(45*1 8,57;,++- L0:,# 2625/04/,521) 3/,;23/*54-
U%VWXY"$V *$
I/,30?34*),14362=,*A ;04/ 23(+*40(1 2>4,5
!’%(-#=#
##(cid:140)59:;A¥(cid:231)4w<=>?#(cid:228)yZ@A
5,2)01<=(5,4/21W" 3*58,73% 014,580,;01<$"Y A,(A+,
:’ J62++,) /,5A25,14321) ;,4((: /,54(/(3A042+-
.- D- B$C(cid:230)Z/DE¥(cid:150)Z?gn>Fv/¸(cid:144)Z(cid:140)
21) 8030401<%V )0>>,5,14(5<210c240(13-
!’%)-#<#
$(-K/24)((A(33*=3)(4(34272;27>5(=)21<,5& "##G$#$%X xAH¿C5IJKL#Z-,M
ZI/03,?A,50,16,/,+A3=,4(L,44,5*1),53421) 4/,
:’ U/,03>,,+01<=*6/ L,44,51(;-
B-I/,726423+,,A (5)(1G4=(8,- ¡(cid:155)(cid:156)/N(cid:130)(cid:128)O(
0=A(54216,(>62501<2L(*4(+) A,(A+,-B+3(J3,,4/,
!’ K,3/(*+) 4574(:,,A (*53,+8,332>,-U2>,47=*34
C-I/,7=2:,4/,059*0++33421) *A-
+0</421) 2L0+040,301 *3%Z320) d* K21901<% (1,(>4/,
6(=,>0534-
.-I/,7=2:,+(*) 1(03,4(3625,4/,A5,)24(53
34*),143-
:’&*-#:#
2;27-
ZI2:01<A25401 4/,./012N(*4/ ’(),+.&&..
B-K/(G3=03301<&
D-I/,76/21<,4/,6(+(*54(=246/ 4/,,1805(1=,14
/23L,,1 <(() >(534*),143%Z2<5,,) 4/,054,26/,5M0
C-J2<5,,;04/ 7(*-
25(*1) 4/,=-
@0,-ZI/,7G8,<(44,1 =(5,6(1>0),16,01 4/,=3,+8,3
.-F(;)0) 04/2AA,1&
$)-K/24)(,34/,*1),5+01,) 3,14,16,01 &252<52A/ V
3016,4/,7G8,3,,1 /(;=*6/ 4/,7621 )(>(5(4/,53-Z
D-K/24)0) 7(* )(4/,1&
=,21& %"-F(;=21734*),143;5(4,4/,A5(A(32+’
H-F(;033/,>,,+01<1(;&
B-’,,5:2433,+)(=3+,,A- B-W- C-W"-
]-N(* /2) L,44,51(4213;,54/,A/(1,;/0+,50)01<-
C-’,,5:243/28,=217,7,3- .-$"$- D-$"Y-
_-C,62*3,4/,5,;232452>>062660),14(1 =7;274(
.-’,,5:24325,2+;273625,>*+- %!-K/24)0) =(34A,(A+,A5,>,5)(01<01 4/,3*58,7’ )Y+,Py/AH#F(cid:128)’(cid:150)‚-‘rs#
36/((+-
D-’,,5:243/,+A ,26/ (4/,5342732>,- B-’(801<014(21*5301</(=,- (cid:150)ZJ]01) ’73,+>[,2++7_(()Z(cid:140)#KL–†i(
%*-$’(+7CDE# K/24G34/,345*64*5,(> C-e301<4/,34240(13G3,5806,3- J%^_ST‘a#b0cd/e$fPQO-N »…ˆQ’
4/,A2332<,& !&m&252<52A/" .-M0801<L74/,=3,+8,3- "()’$ *#+$" *$ $-ßWR.-‘»…)
P1 P1 P2 D-F,+A01<(4/,5(+) A,(A+,- Q1, =(5101<% ^*3423 3/, 25508,) 24/,5 %-S-‘jTfiL(cid:155)#(cid:128)’>F/(cid:159)U#VV
%#-# # #% 4/,30?34*),14362=,*A ;04/ 4/, &"-/??(%&% ’033K21<1(406,) 3(=,=033,) 62++3>5(= WG+/H=XH5YZ[\/]^(
P2P3P4P5 P3 3(+*40(1- /,5=(4/,5-[0</42;27% 3/,62++,) /,5=(4/,5 W(cid:244)’
P6 P4 P5 P6
!B>4,55,2)01<=(5,4/21 W" 3*58,73 &!-P$%C9*04,;(550,)+7-I(/,53*5A503,% K21< $-|(cid:133)k_‘Y"|#}~oIm#k(cid:130)(cid:131)(cid:132)|(cid:133))
B- ##C- "B>4,5014,580,;01<$"Y A,(A+, >(*1) /,5=(4/,5(1+7;214,) /,56/25<,5#(cid:210)d(cid:211)$% %-ijkamnv;/bx*yx(
P1
#B>4,5;246/01<+(43(>1,;3 ;/06/ K21<4((: 4(4/,(>>06,L7=0342:,- 7>(*@D;1&#?6&$##; 8//@
P1
P2
$B>4,58030401<%V )0>>,5,14(5<210c240(13 K/,1 K21</*550,) /(=,>5(=/,5(>>06,% 3/, Q*536/((+)0) 23*58,72=(1<$#$%X 34*),143(1
B-!"# C-"#$ >(*1) /,5=(4/,5G3&#-.5/*&;23340++X"j 6/25<,)- 4/,4(A06(>ZJ]01) ’73,+>[,2++7_(()Z-F,5,25,
P2P3P4P5P6 P3P4P5P6 .-!"$ D-!#$ B1) /,5=(4/,5;23;(550,) 4/2404;(*+) 5*1 (*4(> 4/,5,3*+43- #
.- ##D- %$-K/24)0) M0@0,4/01: (>/0334*),1432>4,542:01< A(;,5233/,6(1401*,) *301<04- #
2 A25401 4/,26408047’ P(; K21< 5,2+03,3 4/, 3,50(*31,33 (>4/, #
#
F28,7(* ,8,54/(*</4(>;/24+0>,03+0:,>(5(+) B-C,6(=01<=(5,21) =(5,6(1>0),14- A5(L+,=-F,5=(4/,5&$-1.&*@1,0</4/(*532)27
#
A,(A+,’ F28,7(* ,8,5/,+A,) (+) A,(A+,;/(+08, C-C,44,5*1),53421)01<4/,0=A(54216,(>+0>,- A+2701<<2=,3%5,2)01<1,;321) ;246/01<3/(5480),(3
#
2+(1,’ .21 4/,7<,4/,+A ;/,1 4/,71,,) 04’ .-D,8,+(A01<23,13,(>A5(4,6401<4/,=3,+8,3- (1+01,-B1) /,5=(4/,5/23A5(L+,=3+0:,A((5
"ZT[\]&%$
U0?34*),143>5(= C,0^01<$"$ ’0))+,U6/((+ D-QA,101<4/,05,7,34(4/,;(5+)- ,7,30</421) /,2)26/,-
"*P(=244,5/(;A,(A+,,1^(74/,054,2%4,2035,2++7 $"-I(=2:,5203013% 7(* 1,,) 4(A5,A25,4/,>(++(;01<
-"#$%&’( - !"#$%&’ A254(>4/,05+0>,- 4/01<3Hd.H&I####-
#"-B-),+060(*3 C-A(A*+25 B-2A+24, C-2)03/
!"!!" #$##### %#!$"" # ## &’(")#*+
.-/,2+4/7 D-3A,602+ .-26(8,5 D-3(=,<52A,3
!"!#$%&’"()’$ *#+%" *$ ,?A,50,16,) A,53(1-
#!-B-B44/,32=,40=, C-J1 4/,L,<01101< $!-F(;=21734,A325,4/,5,;/,1 ;,=2:,5203013’
B-0> C-23
.-](5,?2=A+, D-B325,3*+4 B-I;(- C-I/5,,-
!!&%$ ’()*+,W "#$%&’"
.-;/,1 D-4/(*</
##-B-0> C-3( .-*140+ D-2+4/(*</ .-](*5- D-]08,-
!)-$’(5, 21) =(5, /0</S4,6/1(+(<7 A5()*643 #$-B-*3, C-)501: .-=2:, D-,1^(7 $#-K/24)(,34/,*1),5+01,) ;(5) Z(3Z5,>,54(’
,%-./0"()’$ *#+$" *$
### 01 ./012- #%-B-/24, C-+(8, B-B34(5,- C-B<52A,-
!"-$###&
$N,3-Q*56(*145703L,6(=01<345(1<,521) .-5,>*3, D-)032<5,, .-B;01)(;30++- D-B)03/ (52A+24,-
$N,3-JG) +0:,2L(;+(>L,,>1(()+,3-
B-.21 7(* /,+A =,
345(1<,5- #&-B-4/01: 2L(*4 C-+,251 2L(*4 $$-$’(+)*+,# K/06/ A064*5,621 3/(;
B-03=2:01< C-25,=2:01< .-/,252L(*4 D-;(5572L(*4
C-F(;;237(*5)27 Z,82A(5240(1Z&
.-03=2), D-25,=2), #’-B-213;,5 C-37=L(+
.-’27J42:,7(*5(5),5
#*-$@0=# JG=3425801<-JG) +0:,3(=,4/01<4(,24- .-;03/ D-A5(=03, B- #C-
D-K/24;(*+) 7(* +0:,4()501:
$I/,5,G3L5,2) (1 4/,42L+,-###- #(-B-)0>>06*+4 C-32=,
!!-$F(1,7# A233=,4/,###-J1,,) 044(6*4
.- #D-
B-F,+A 7(*53,+> .-,237 D-)0>>,5,14
4/,;24,5=,+(1-
C-B++4/,L,34 #)-B->0534 C-3,6(1) .-4/05) D-+234
$%-J1 ;/06/ 3,640(1 (>2=2<2c01,621 7(* A5(L2L+7
$F,5,7(* 25,-
.-N(*G) L,44,51(4 $*-B-C*4 C-B1) .-U( D-C,62*3,
5,2) 4/,A2332<,&
B->(5: C-3A((1 .-)03/ D-:10>,
D-F*557*A 4%5678"()’% *#+R" *$
B-](()- C-I528,+-
!#-$.21 7(* 4,++4/,)0>>,5,16,L,4;,,1 4/,3,4;(
1%23/0"()’$ *#+$" *$ !
.-UA(543- D-C*301,33-
A064*5,3&
’(34./01,3,A,(A+,+0:,)501:01<4,2-J1 >264%
45637+FG
$I/,)0>>,5,16,& Q/# 1(-I/,7+((: 9*04, :
###- 4,2034/,3,6(1) #R$# )501: 2>4,5;24,5-I/,5,25, ##D(7(* +0:,5203013’ D(7(* :1(;/(;4(=2:, F2801<2A0610603(1,(>4/,<5,24,3426408040,301
B-)0>>,5,14 C-30=0+25 =217:01)3(>4,201 ./012-#R%#% 7(* 621 /28, 4/,=’ I/,>(++(;01<,?A,50=,14#(cid:159)(cid:214)$ ;0++3/(; 3*==,5-I/,5,25,3(=,*3,>*+40A3>(57(*-
.-34521<, D-014,5,3401< L+26: 4,2% <5,,1 4,2% ;/04,4,221) ((+(1<4,2- 7(*- "$%C(*+#(cid:153)(cid:219)$ ;/0’?//@1-C,>(5,7(* 3,4(>>%
!$-J1 ./012# 2/(34*3*2++7### ,26/ <*,3426*A ./01,3,A,(A+,*3,4,201 L(4/ =,)0601,21) S5$3;/0*&&@ 6/,6: 0>7(*5>(() L(?033/*440</4+7-J>04G32/(4
(>4,2>0534;/,1 4/,<*,34,14,53/03/(*3,- >(()-U(=,A,(A+,3274/,7>,,+*16(=>(542L+,#RR# "$% <52A,3####".+,21 A+24,(5)03/ 3*==,5G3)27% 4/,1 26((+L(?;0++L,*3,>*+>(5
B-3,58,3 C-A+273 4/,7)(1G4)501: 4,2-U(;,621 :1(;/(;A(A*+254,2 S5$3;/0@/ :,,A01<7(*5A06106>(()3-D(1G4>(5<,44(A26: 6*A3(5
.-42:,3 D-01804,3 0301 ./012- $! K23/ 4/,<52A,321) A*44/,=01 2)03/ (5(1 2 L(44+,3>(5)501:3-
!%-$F28,7(* <(421 ### 4(\24/7G3;,))01<& I/,5,25,=2174,2/(*3,301 ./012-D501:01<4,2 A+24,- 2$’&$P/03?//@1$?&3;-N(* 3/(*+) :,,A 4/01<3
$N,3-JG) +0:,4(<(21) ,1^(704- 21) 3,5801<4,225,2543-K/,1,8,5<*,34380304% 0403 %! M,28,(301 2)57% 3*117A+26,% 3*6/ 232 +0:,=,24A0,3% >03/ 21) )2057#(cid:220)(cid:221)†" )03/,301 6(+)
B-018,140(1 C-01345*640(1 1,6,332574(#RT# 4,2>(54/,=-P(;=(5,21) =(5, ;01)(;30++#(cid:215)(cid:216)$- L(?,3-N(*G) L,44,5:,,A 7(*5>(()3(1 06,L,>(5,7(*
.-01804240(1 D-0145()*640(1 ./01,3,A,(A+,#RV# 4()501: 4,2A5(A,5+74(:,,A R! ’2:,3*5,4/,)03/ (54/,A+24,*16(8,5,) 21) ,244/,=-]012++7# 625573(=,/21) 321040c,53!(cid:222)(cid:223)
!&-I/,3*==,5=(5101<34254,) (>>6((+L*404### /,2+4/721) 5,2) L((:34(#RW# 4,2-B1) =217 6/,6: 04,26/ )27>(54;(;,,:3- (cid:224)"-’2:,3*5,4/24,8,57(1,G3/21)325,6+,21 L,>(5,
9*06:+7- A,(A+,>5(=(4/,56(*1450,32+3(+0:,048,57=*6/-B S5$35$..&*1 4/,74(*6/ 4/,>(()3-
B-6+,21,) *A C-L5(:,*A 6*A (>4,2032+=(342#1$ #RX# (>./01,3,6*+4*5,- &I/,3=((4/% ;,4<52A,33+(;+7)57(*421) L,6(=, :’(*+ @&#(%(/011*$%C1-B>4,57(* /28,A5,A25,)
.-/,24,) *A D-34(() *A I/,4,2S)501:01</2L0401 4/,e\03#RY# >5(= 3/508,+,) #(cid:217)(cid:218)†$- 4/,=201 )03/,3# 04G340=,4(A26: 3(=,3126:3-
!’-&,(A+,L,+0,8,4/244,2### 4(\(5,221) @2A21 4/2401 ./012-C50403/ A,(A+,/28,2>4,51((1 4,2 &I/,74*51 014(5203013%;/06/ 25,^*34)50,) <52A,3- ./0A3# 6/(6(+24,621)0,321) 6((:0,325,6(130),5,)
)*501<4/,W4/ 21) X4/ 6,14*50,3- L,4;,,1 +*16/ 21) )011,5-J4034/,#R!# =,2+2>4,5 &I/,;24,50130),,26/ <52A,=(8,) 4/5(*</ 4/, <5,24A061063126:3-I/,725,8,57),+060(*3# (>
B-L501< C-;23L5(*</4 L5,2:>23421) +*16/ 01 2)27-I/,7+0:,4(A*4=0+: <52A,G3 3:01 21) )032AA,25,) 014( 4/, 205( 6(*53,# L*4L,625,>*+1(44(,244((=217(>4/,=-
.-L5(*</4 D-03L5(*</4 014(4,2-U(=,=27A*4/(1,7%(5,8,1 65,2=014(4,2- ,82A(5240(1- $&-K/243/(*+) 7(* )(>0534L,>(5,<(01<(*4>(52
!(-$J4/01: ;,3/(*+) )(### ;/24C(L 320)- #T"# =(34./01,3,A,(A+,(1+7+0:,4()501: /(44,2 & J4=2742:,2=(14/ (5=(5,>(57(*5<52A,34( A06106266(5)01<4(4/,A2332<,&
$J2<5,, ;04/ 7(*- B>4,52++# C(L 0321 ;04/ 1(4/01<01 04- )57% 3(L,A240,14- B-H24321);06/,3-
""C-.25573(=,/21) 321040c,53- ZJ>4((=*6/ 035,=(8,)% 4/,+,28,3;0++L5,2: 014( 9%:;<=>?@A>.BCDE"FG.HI$ I/,5,03&&-$*/35&’>(()(4/,321);06/-J4
.-’2:,3*5,4/,>(() L(?033/*440</4+7- A0,6,3+ 0>1(4,1(*</ 035,=(8,)% 4/,4,2;0++4234, "()’$ *#+V *$ 5,2++7;2312=,) 2>4,52A,53(1-J1 4/,$Y4/ 6,14*57%
D-’2:,3*5,,8,57(1,G3/21)325,6+,21- L044,5#(cid:228)†$-Z !"# A+2701<625) <2=,3+24,2410</4;23&’-./.0#$’-
$’-K/2425,<(() A061063126:3266(5)01<4(4/, 95(13’$@(3(/*$#3&%5*(X0&)24,3L26: 4(4/, !’ F,++(# C(L- @(/1 ’(142<*% 4/,T4/ H25+(>U21);06/% &(-13$’3&@
A2332<,& ’01<21) O01<)712340,3-J41(4(1+7=2:,34/,4,2 :’ F,++(# D2=01<- 2/2L04(>(5),501<2:01) (>>(() ;/,1 /,A+27,)
B-./0A3- 4234,<(()% L*4/232+3(L,6(=,21 0=A(54214A254(> !’ P,?4U24*5)2703=7L054/)27-%&-#8# 625)3-I/,5,;233(=,6(+) L,,>&)-P&34&&*4;(
C-F2=L*5<,53- ./01,3,4,26*+4*5,- :’ JG) +(8,4(-K/24;(*+) 7(* +0:,4(,24(1 7(*5 A0,6,3(>L5,2)-K04/ 4/03:01) (>>(()% A,(A+,)0)1G4
.-./(6(+24,)501:3- I/,3,)273% /(;,8,5% =(5,A,(A+,25,*301< L054/)2701 ./012& /28,4(’*-#&$)&4/,42L+,-I/,7^*3424,04L7/21)-
D-’,24A0,3- =26/01,34()(4/,^(L-ZJ4G3,230,5% L*44/,9*2+04703 !’ K,++#04G3<,4401<A(A*+254(/28,62:,3-%’-#=# U(% 1,?440=,7(* >01) 21 014,5,3401<12=,01
$(-B66(5)01<4(4/,A2332<,# ;/06/ (>4/,>(++(;01<03 1(4^*3423<(()%Z]21 320)-Z’26/01,S=2),4,2>+(243 :’ M(1<1(()+,3&%(-#!# H1<+03/% ;/71(4+((: 014(043/034(57’
I[eH& #(cid:229)(cid:230)$ +(1<,501 ;24,521) 4234,3L044,5-Z
!’ I/,+(1<1(()+,325,237=L(+(>+(1<+0>,-
U%VWXY"$V *$
B-N(* 3/(*+) A5,A25,=201 )03/,32>4,5/2801< I/,4/01<3=2),L74;(A2+=3#(cid:223)(cid:128)$ 6211(4L,
%)-#>#
##)c(cid:228)1uBd(cid:216)ef+gŒ#F+(cid:150)ZK/,1
A26:,) 3126:3- 5,A+26,) L74/(3,=2),L7=(),51 4,6/1(+(<7- 01 ./012# )(234/,./01,3,)(%Z(cid:140)#KL–ih#
:’ J3,,-K/24,+3,)(7(* ,24&
C-F21) 321040c,5325,8,57*3,>*+;/,1 7(* <(>(5 ]21 031(;4,26/01<3(=,7(*1<=,1-F033(1 03 fi‹jkRS?¥j1/lmno( (cid:150)Z,p
!’ J1 3(=,A+26,3# ./01,3,A,(A+,2+3(,24,<<3-
2A06106- (1,(>4/,=-ZJ4G32452)040(1-K,1,,) 4(A23304 (cid:216)e9g(cid:201)/ŒQW(cid:244)#F)*qj#r§Ks(
&*-#2#
.-K/,1 7(* /28,2A06106# 7(* 621 ,2423=217 )(;1%Z/,320)-
:’ K(;-F(;2=2c01<% ---
3126:3237(* ;214- %"-K/06/ (>4/,>(++(;01</234/,32=,=,2101<23
B-K/24)(4/,7=,21& ’ M,1<4/#(cid:239)(cid:240)$!BL(*4Y" ;(5)3-
D-N(* 3/(*+) 42:,23=*6/ >(() 21) )501: 23 4/,*1),5+01,) ;(5) Z’&A/)&@Z&
C-K/,1 037(*5L054/)27A2547& ’ .(14,14#æ(cid:242)$!
A(330L+,>(54/,A06106- B-=0?,) *A C-/,24,) *A
&+,23,4574(213;,524+,234R (>4/,3,9*,340(13>5(=
.-I/,725,237=L(+(>+0>,21) <(() +*6:-
$)-$’(+7CDE# K/24034/,345*64*5,(> .-6((+,) )(;1 D-42:,1 2;27
(*55,2),53-
D-C*4=217A,(A+,340++,24+(1<1(()+,3>(54/,05
4/,A2332<,& !&m&252<52A/ $#,46-" %!-K/24)(,34/,*1),5+01,) A254Z95(13’$@(3(/*$#
$ L054/)27- (B5,=,2+301 ./0124/,32=,23=,2+301 4/,K,34’
3&%5*(X0&Z5,>,54(&
H-K/24<0>43/(*+) JL*7>(5D2=01<&
(K/2440=,25,+*16/ 21) )011,53,58,) 01 ./012’
B-&06:01<4,2+,28,3-
B- C- ]-U(A,(A+,1,8,5L04,4/,1(()+,3(>>-
(F(;4(,24>(()’
C-[(23401<4,2+,28,3L7/21)-
_-K(*+) 7(* +0:,4(6(=,4(=7L054/)27A2547&
(F(;4(L,/28,A(+04,+7;/0+,,2401<;04/ 4/,(+)’
.-D501:01<4,201 2452)040(12+;27-
(F(;)(;,:1(;4/242=,2+03(8,501 ./012’
D-_5(;01<4,2A+214301 4/,=(*142013- J%K;<=LM-NOPQ3RBCST"FG
(J3042<(() 0),24(42+: 2L(*4>(() )*501<2=,2+’
%#-K/24)(,3]21 4/01: (>=2:01<4,2L7=26/01,& NHI$"()’$ *#+$" *$
(K0++4/,5,L,^*344/5,,6(*53,3(5=(5,01 ./012’
.- D-
B-J403,230,54/21 L7/21)- 3(# L,4;,,1# >01)# A(A*+25# ;/7# 21(4/,5#
##W(cid:244)’»…’$#WX!")tOz–h(cid:128)uv
C-J4/232+(1</034(5701 ./012- A,53(1# 34254# 9*,340(1# +,28,# 018,14# *3,
4*bc)]K^_(
%*-K/24034/,A2332<,=201+72L(*4& .-J4=2:,34,24234,L,44,5-
S5&*(*25(*$# @/ $135&25(*&1&@/%
B-e1A26:01<2A06106- D-J4L,6(=,321 0=A(54214A254(>4,26*+4*5,- @26:>5*04#(cid:231)ŁØ$ 032:01) (>
#
C-H1^(701<2A06106- %$-K/24621 ;,+,251 >5(=4/,+234A252<52A/&
#
.-&5,A2501<2A06106- B-]21G33(1 34*)0,34,26*+4*5,01 6(++,<,- ),+060(*3>5*0401 B302-K/,1 ;,4/01: 2L(*4043
#
D-U4(AA01<2A06106- C-]21 ;0++(A,1 /03(;1 4,2/(*3,301 ./012- H1<+03/ 12=,% 0403,2374(23: &"-X0&13(/*1+0:,
#
2 .-]21G33(1 03+,25101<4/,4,25(23401<4,6/109*,- ZK/(03@26:’ZZB1) &!-45; )(,3/,/28,/03
#
##]21 U/,1</*203(1,(>4/,01/,504(53#Æ(cid:226)ª$ D-]21 03=2:01<4/034,6/109*,A(A*+25;(5+);0),- >5*04’Z-
#
(>K,34M2:,M(1<^01<4,2=2:01<3:0++3-F,/23L,,1 %%-K/24)(,34/,A2332<,=201+7;2144(4,++*3& C*4Z^26:>5*04Z031G42#1$ &#-.&’1/*F112=,-
#
=2:01<M(1<^01<4,2>(5=(5,4/21 >0>477,253-F, B-F(;4(4,++<(() 4,2>5(=L2) 4,2- I/, 12=, Z^26:>5*04Z 62=, >5(= 4/, ;(5)
#
0130343(1 5(23401<4,2+,28,3L7/21)- C-M(1<^01<4,2+,28,325,4/,L,3401 4/,;(5+)- Z6/2::2A2c/2=Z=2177,2532<(-K/,1 &(54*<*,3,
#
M(1<^01<4,2+,28,325,>2=(*3>(54/,056(+(*5% .-F(; 4,2 03A26:,) 21) 3,144( =217 ,?A+(5,53#μ(cid:236)(cid:237)(cid:238)`$ 62=,4(J1)02% 4/,7
#
3=,++% 4234,21) 3/2A,- )0>>,5,146(*1450,3- &$-?/0*@4/03:01) (>>5*04% L*44/,76(*+)1G4327043
#
ZN(* /28,4(4(*6/ 4/,+,28,3;04/ 7(*5/21)34( D-U(=,40=,3(1+7L7/21) 621 ;,=2:,4/,L,34 12=,;,++-&%-E/ 4/,762++,) 04Z^262>5*04Z% ;/06/
"ZT[\]&%$
>,,+/(;=*6/ ;24,503L,01<’&A/)&@%Z]21 320)- 4/01<3- 3(*1),) +0:,Z^26:>5*04Z-
"!#%-B-)273 C-210=2+3.-0),23 D-A,(A+, .-I(L7% 21 B*3452+021% ;/(;21434(<,42^(L 01
#&-B-3/(*4,) 24 C-+((:,) 24 B=,5062-
."#$%&’( . !"#$%&’
.-+2*</,) 24 D-A(014,) 24 D-./*6:%21B=,50621%;/(;21434(+,251./01,3,
!"!!" #$##### %#!$"" # ## &’(")#*+ #’-B-;/24 C-/(; .-;/,5, D-;/(3, 01 U/21</20-
#(-B-,?A+2013 C-A5(=03,3 $#-K/246211(4L,>(*1) 01 4/,A2332<,’
!"!#$%&’"()’$ *#+%" *$ !)-$J/,254/,4,26/,5/236/(3,1 >08,(>*323
.-=,213 D->,,+3 B-I/,(>>06,2))5,33(>4/,36/((+-
8(+*14,,53-N(*#### 50</4&
!!&%% ’()*+,X "#$%&’" $N,3-U(=,(>*325,6/(3,1####I(=# @0= #)-B-(5),5,) C-4/(*</4 C-I/,,S=20+2))5,33(>4/,36/((+-
.-5,A,24,) D-23:,) .-I/,6(34(>6(*53,3(>4/,36/((+-
21) =,-
,%-./0"()’$ *#+$" *$
B-25,016+*),)) 016+*),
$*-B-32701< C-9*,340(1 .-(L^,64 D-34(57 D-I/,4,+,A/(1,1*=L,5(>4/,36/((+-
!"-$F(;>234621 7(* ### (1 26(=A*4,5& C-25,016+*),)) 016+*)01< 4%5678"()’% *#+R" *$ $$-]5(=4/,A2332<,;,621 +,251 4/24####-
$BL(*4$$" ;(5)3A,5=01*4,-JG=A52640301<4( .-/28,016+*),)) 016+*)01< ! B-4/,5,25,2+3(6*+4*5,6(*53,301 4/,36/((+
L,>234,5- D-/28,016+*),)) 016+*), ##K,+6(=,4(’21)2501 ’(5101<#(cid:246)(cid:247)łø$ C-./01,3,034/,,230,34+21<*2<,4(+,251 01 4/,
B-47A, C-*A+(2) #*-$[,=,=L,5# C(L# ### /2AA,13# :,,A 62+= ./01,3,U6/((+& ;(5+)
.-4/,36/((+)(,31G4266,A434*),143(8,5TV 7,253
.-A5014 D-)(;1+(2) 21) 9*0,4- ##))) ’21)2501 ’(5101<./01,3,+21<*2<,
(+)
!!-$J4G34/,3,6(1) 40=,JG8,6(=,4(I20/*-J4/23 $J;0++# D2)- 6(*53,3& )))
D-4/,36/((+4,26/,53<08,2++4/,05+,33(132436/((+
6/21<,) 2+(4- B-1(=244,5;/,1 C-1(=244,5;/,5, ##M,25101<./01,3,232>(5,0<1 +21<*2<,/23
$%-K/,5,034/03A2332<,A5(L2L+7>5(=’
$N,3-J4G3=(5,21) =(5,###- .-1(=244,5/(; D-1(=244,5;/24 L,6(=,=(5,21) =(5,A(A*+25-J4621 3(=,40=,3
B-B4,?4L((:- C-B1,;3A2A,5-
B-625,>*+ C-3,50(*3 1%23/0"()’$ *#+$" *$ L,8,57)0>>06*+44(+,251 ./01,3,-F(;,8,5% 0>(8,5
.-B34(57L((:- D-B<52==25L((:-
.-6(==(1 D-L,2*40>*+ ##ZJ4G3520101<624321) )(<3&Z_521)A23/(*4,)- 2L0++0(1 A,(A+,621 )(04% 3(621 7(*-
:
!#-$J4G33*5A50301<4/243*6/ <5,2421) 52A0) ### ##M044+,[06/0,62=,5*1101<4(4/,;01)(;-F, ’21)2501 ’(5101< ./01,3, U6/((+ /23
##B++4/5(*</ <52),36/((+% J<(4,?452/,+A ;04/
/23L,,1 =2),(1 BJ01 4/,A234>,;7,253- ;214,) 4(3,,4/,#R$# >2++01<>5(=4/,3:7-F, A5(80),) ’21)2501 ./01,3,+21<*2<,6+233,301
36/((+;(5:-J>J<(42D% J;238,57/2AA7-J>J<(42
$I/24G345*,% JG=A5(*) (>04% +((:,) (*4(>4/,;01)(;% L*404;23#R%# 4/244/,5, U/21</203016,%""X-I()27;,4,26/ +034,101<%
.=01*3#.b$%J/2) 26/0,8,) <5,241,33-BG321) CG3
B-A5(<5,33 C-=0342:, ;,5,1(6243(5)(<3-F,(1+732;3=2++A((+3(>;24,5 5,2)01<21) ;50401<4(34*),143>5(==(5,4/21 V"
.-3*<<,340(1 D-A(++*40(1 (1 4/,<5(*1)- 6(*1450,32++(8,54/,;(5+)-D*501<4/,A2347,253% ;,5,2:01<)(=J6(*+) 1,8,5,14,5-
!$- 012+B1 $B 5,6,143*58,7#r(cid:243)$ ##ZJ4G35,2++76(=01<)(;1 (*44/,5,&Ze16+,C(L ;,/28,42*</4=(5,4/21 $"%""" 34*),14321) Q16,=74,26/,5% ’033’0++3% <28,=,2+034(>
2<5,,) #RR# /,+((:,) (*4(>4/,;01)(; 4((- 4,1 3A,++01<;(5)3-’7=(4/,521) J;,14(8,54/,+034
3/(;34/24%X (*4(>RW 34*),14301 =76+233;0++ ;(5:,53>5(=3,8,52+6(=A210,3-Q*53A,602+;27(>
[06/0,365246/,)#(cid:244)$ /03/,2)-K/24;236(=01< *140+J:1,;4/(3,;(5)3-J>,+4<5,24-J4/(*</4%
328,4/,05A/(1,3>053401 2>05,- 4,26/01</23/,+A,) 4/,=4(+,251 ./01,3,01 2>*1
)(;1’ ]05344/,742+:,) 2L(*4624321) )(<34/24 ZK(;& I/0340=,% JG=<(01<4(A233-ZI/,1,?4)27%
$BL(*4### (>4/,34*),143=2:,3*6/ 2 21) ,>>,6408,#œß†$ ;27-
#RT# L,3,,1-P(;3(=,(1,320) ZJ4Z-K/24;23 J;,14014(4/,6+2335((=21) L,<21 4(;504,)(;1 4/,
6/(06,& M0>,03=(5,0=A(54214# 031G404& U4*),143(>2++2<,3621 34*)724’21)2501
<(01<(1 ;04/ 4/,3,#RV#’ ;(5)3-I/,>0534;(5) ;2335)E’*-J;5(4,4/24(1,
B-4;(4/05)3 C-4/5,,9*254,53 ’(5101<./01,3,U6/((+-’(34(>(*534*),14325,
##ZK(;&ZB*14U*30,3/(*4,) 233/,+((:,) (*4(> )(;1! 6S2S5SAS,S4-J;23>,,+01<A5,4476(1>0),14-
.->(*5>0>4/3 D->08,30?4/3 L,4;,,1 $T 21) TV 7,253(+)-K/0+,3(=,(>4/,
4/,;01)(;-ZJ4G3520101<5,2++7/25)-Z I/,1 62=,#’&7%<1)( J;5(4,)(;1 4/,+,44,51-I/,1
!%-C(7321) <05+3# <(() +*6: 21) ;03/ 7(* ### 34*),143A5,>,54(34*)724/(=,% (*5’21)2501
##[06/0,#RW# /032*14-ZJ4G3520101</25)%Z/, )%C*%,( J:1,;4/,5,;2321 5-!"<")<5# ( J;5(4,
<(() <52),3(1 7(*51,;^(*51,7- 4,26/,5325,/2AA74(4,26/ 7(* 217;/,5,7(* ;214-
2<5,,)-ZC*4#RX# 25,4/,624321) )(<3’Z 3S*SL-’76(1>0),16,>20+,) =,-J/2) <(1,>5(=$""
B-6*4401< C-4(6*4 I2:01<A25401 (*56+233,32+3((>>,537(* 26/216,
##_521)A2+2*</,)% Z[06/0,% 4/24^*34#RY# 04G3 A,56,144(=27L,2D=01*3-K/,5,)0) 4/,;(5)3<(’
.-<,4401< D-4(<,4 4(L,44,5*1),53421) ./01,3,6*+4*5,23;,(>>,5
520101<5,2++7/25)-Z U(=,A,(A+,42+: 2L(*401>(5=240(1 1#(@(*+ /??
!&-$%& !%’#D%1"S$Y ;23+2*16/,) 21) 04G31( # #ZU(;/7)0)1G47(* ^*343274/24’Z[06/0, 6*+4*5,6(*53,321) 26408040,3- 7(*5L5201-I/24;23=7+0>,-J;2321 *1),526/0,8,5
)(*L421(4/,5<5,2434,A >(54/,3A26,###- #R!#-J4;23055042401<#ıª†$ ;/,1 A,(A+,3A(:, Q*5 ;,++S5,6(<10c,) ’21)2501 ’(5101< #(cid:252)(cid:253)(cid:210)#(cid:254)(cid:255)]!"#`$-
B-A(+067 C-,)*6240(1 +0:,4/,7;,5,1(43A,2:01<H1<+03/ 242++- ./01,3,U6/((+03^*342101,S=01*4,;2+: >5(= P(;J:1(;J/28,)73+,?02#$%&’$-B
.-01)*3457 D-3421)25) # # ZK,)0)-N(* ^*34)0)1G4*1),53421) 4/, @01<G21 I,=A+,U4240(1- A,53(1 ;04/ )73+,?02=0</43,,*%’23*’%# 21) <&)6 23
!’-K,25,### 4(/21) 01 (*5360,16,5,A(54L7 #T"#%Z[06/0,G32*14320) ;04/ 2L0<3=0+,- I,+! "%$SV%%YXY"! <)&6-’7L5201 +,2513)0>>,5,14+7-B+,25101<)032L0+047
1,?4]50)27-B1) JA+21 4(L(55(;3(=,L((:3>5(= ##ZK,++% 1(;J)(%Z[06/0,320)- * HS=20+! 01>(g=21)2501=(5101<-6(= 621 5,2++76/21<,4/,;277(* >,,+2L(*47(*53,+>-P(;
4/,+0L52574/032>4,51((1- #"-B-40<,5321) +0(13 C-A0<321) 3/,,A * B))5,33! Y"! ’0))+,N21G21 [(2) J:1(;4/24,8,1 0>J+,251 )0>>,5,14+7# J621 340++L,
B-01804,) C-A5,3,14,) .-624321) )(<3 D-6/06:,1321) )*6:3 $"-K/,1 ;23’21)2501 ’(5101<./01,3,U6/((+3,4*A’ >0++,) ;04/ <5,241,33-
.-)080),) D-5,9*05,) #!-B-0=A(54214 C-A(330L+, B-J1 %""V- C-J1 %""W- I()27;/,1 J8030436/((+32321 264(5# )05,64(5#
!(-D5,2=325,L,2*40>*+-F(;,8,5# 4(### 4/,= .-1,6,33257 D-34521<, .-J1 %""X- D-J1 %""Y- 21) 6(S2*4/(5(>6/0+)5,1G3L((:3# J4,++6/0+)5,1 4/24
1,,)3+(43(>40=,21) /25) ;(5:- ##-B-*1+,33 C-2>4,5 .-40++ D-0> $!-K/(=0</4;2144(+,251 01 4/,36/((+’ ,8,57(1,/233(=,4/01<3A,602+0130),-J4G3(*5^(L 4(
B-)036(8,5 C->01) #$-B-6(*+)1G4 C-3/(*+)1G4 B-M0M,0%2./01,3,%;/(;(5:321) +08,301 ./012- >01) (*4;/244/2403# <,404(*4# 21) <08,044(4/,
.-26/0,8, D-34(A .-1,,)1G4 D-=*341G4 C-U*[*0%2./01,3,%;/(;21434(;(5:01B=,5062- ;(5+) 232<0>4-
"#①
$&-K/24;234/,;504,5G3A5(L+,=01 <52),36/((+& I2:,40=,4(+,251 2>,;(>4/,3,% A*44/,=01 7(*5 ①② ③④ 4/01<3;/06/ 25,=(5,)0>>06*+4-J1 UA2103/ 7(* /28,4(
B-F,/2) 45(*L+,3A,++01<- =,=(57% 21) 7(* ;0++L,6(=, 2 =234,5;(5) ② ③④ 6/21<,4/,8,5L3#(cid:209)/$ >(5,26/ A,53(1-C*4=7
B- C-
⑤
C-F,(>4,1 <(44/,.=01*3- ),4,6408,- ⑤ &’-P(++&13# L0<$ A5(L+,= (> 2++ ;23 4/,
.-F,;232L3,14S=01),)- M,4G3+((:24(1,6(==(15((4;(5)*3,)01H1<+03/- ① A5(1*160240(1- J >(*1) 04 ;23 8,57 )0>>06*+4
①
D-F,/2) 2A/73062+)032L0+047- ZB+4,5Z>5(=4/,M2401 ;(5) =,213Z(4/,5Z-K/,1 7(* &(-3/ .’/*/0*%&# A5(1(*16,$ 3(=, +,44,53 01
②③ ④
$’-]5(=&252<52A/ %# ;,621 01>,54/244/,;504,5 =,,44/035((4;(5)% 7(* :1(;4/244/,L0<<,5;(5) /23 .- ②③ ④ ⑤ D- UA2103/% ,3A,602++7)21) F-U(J/2) 4()(;1+(2)
⑤
####- 3(=,4/01<4()(;04/ Z(4/,5Z-H?2=01,4/,;(5) 3,14,16,3(14(=7A/(1,21) J+034,1,) 4(21)
B-;5(4,)(;1 %"j (>4/,;(5)36(55,64+7 Z2+4,5124,Z-.21 7(* >01) 4/,M2401 5((401 04’ 9%:;<=>?@A>.BCDE"FG.HI$ A526403,) &)-35&A#4/,7$ 2<201 21) 2<201-
C-:1,;/,/2) )73+,?024/,1 "()’$ *#+V *$ B=(14/ +24,5J;,144(UA201-BUA2103/ 4,26/,5
"J>7(* 21) 7(*5>50,1) +0:,4(,24(*4% >05347(* A27
.->,+4*A3,42L(*4/0=3,+>24+234 !’ D0) 7(* =2:,217P,;N,25G35,3(+*40(13& ’*-%$##&@#62++$ &2*+262=,21) L,<21 4/,4,34-
21) 4/,(4/,5A2734/,1,?440=,- N(* 25,
D-34*)0,) /25) 21) A233,) 4/,4,34 :’ N,3-%&-#># ZK0++J3*5808,’ZJ;231G43*5,,1(*</ L*4/(;J
2+4,512401<A2701<-
$(-K/24)(,34/,*1),5+01,) A/523,Z1#(@(*+ /??Z01 !’ _5,24% %’-#<# J:1(;7(* 25,014,5,34,) 01 ;03/,) J;(*+)&
"J>7(* <(4(4/,=(80,3(1 2+4,5124,U24*5)273%7(* <(
&252<52A/ R A5(L2L+7=,21& [*33021- U%VWXY"$V *$
(1 (1,U24*5)27%L*41(44/,(4/,5U24*5)27-
B-6(=01<014( :’ K,++# 7(* 25,50</4-C*41,?47,25# JG=<(01<4( ## 45637+)H ¯w/•1s(cid:236)axg
"J>7(* /28,1(2+4,512408,% 7(* /28,1((4/,5
C-<(01<4/5(*</ +,251 ]5,16/- AH/A(cid:158)yz#{|A(cid:158)(cid:159)U#p}~’(cid:127)(cid:128)#˘
6/(06,-
.-=(801<25(*1) !’%(-#!# (cid:181)(cid:129)=¤H=t(cid:130)(cid:131)(cid:132)L(cid:133)(cid:134)(cid:135)( (cid:228)y(cid:140)5(cid:136)¿
D-)032AA,2501<>5(= M,251 23=2175((4;(5)323A(330L+,01 4/, :’ C,62*3,J,1^(76/2++,1<01<=73,+># 21) +,25101< s(cid:236)(cid:137)(cid:138)/‹(cid:157)#(cid:139)GZ+(cid:140)(cid:141)(cid:142)/L(cid:143)0H•1
$)-B>4,54/,;504,5:1,; /,/2) )73+,?02# /, +21<*2<,7(* 25,34*)701<-I/,1 *3,7(*5Z5((401<>(5 ]5,16/ 032;274(,?A21) =7/(50c(13- s(cid:236)(cid:144)(cid:145)Z#G$ %WX xAH¿C5IJKL#Z-
####- ;(5)3Z3:0++3-M0:,2171,;3:0++% A526406,21) /25) !’%)-#2# ,(cid:146)(cid:147)/N(cid:130)(cid:128)O(
B->,+48,57,?604,) ;(5: 25,2+;273A20) L26:- :’ N,3-J+,251 ]5,16/ L742+:01<4(34*),14301 E30@&*31F>$)/0’(3&Y(*@1/?<*+#(15,/A&4/’C
C-/2) =(5,)0>>06*+40,301 34*)7 %"-K/24)(,34/,*1),5+01,) ;(5) Z(3Z01 &252<52A/ % ]5,16/ 01 4/,6+*L-
.-;23>0++,) ;04/ 32)1,33 5,>,54(’ !’ U(*1)3<5,24-&*-#:#
D-6/21<,) /0380,;(>/0=3,+> B-I/,304*240(1- :’ K/71(4&M,4G3<(4(4/,]5,16/6+*L1,?4K,)1,3)27
%*-K/24;(*+) L,4/,L,34404+,>(54/,A2332<,& C-I/,650=,36,1,- 2>4,51((1-
B-B./21<,>(5U*5, .-B1,;21) )0>>06*+4;(5)- !’ Q\-U,,7(*-
C-B_5,24e1),526/0,8,5 D-H8,574/01<4/2403:1(;1- B-K/7]5,16/&
.-B_0>4>5(=4/,K(5+) %!-$’(+"$:;< J>@0=21) M0+7<(4(4/, C-.21 J^(01 7(*&
D-BUA,602+UA,++01<C,, .-D0) 7(* ^(01 4/,]5,16/ 6+*L&
=(80,3# ;/06/ (1,L,+(;03Z2+4,512401<A2701<Z&
2 D-K/246+*L )(7(* ;2144(^(01&
B-I/,7,26/ A27/2+>-
##B45,,/235((43-&,(A+,/28,5((434((-J>7(* <,4 H-B5,7(* <(01<4(+,251 [*33021&
C-@0=A273,8,5740=,-
4(4/,5((4(>2A5(L+,=% 7(* ;0++3(+8,04-J4G34/, ]-JG=<(01<4(+,251 21,;+21<*2<,-
.-I/,742:,4*513A2701<-
##)Y+,Py/AH#F+(cid:148)(cid:149)(cid:150)‚-‘rs
32=,4/01<;04/ ;(5)3-D0<),,A+7014(2L0<% _-D(7(* +0:,;246/01<]5,16/ =(80,3&
D-I/,05A25,143A27>(54/,=-
KL–†i(
*1>2=0+025;(5) 21) 7(* ;0++*1),53421) ;/,5,0462=, %#- $’(+-./(# F(; )(,34/,2*4/(5 J%^_ST‘a#b0cd/e$fPQO-Ng »…ˆQ’
>5(=- hi‘-NOjk3R"()’$*#+$"*$
,?A+201 /030),232L(*45((4;(5)3& $-ßWR.-‘»…)
B3 5,2),53% ,3A,602++7 4/(3, ##U(=,A,(A+,32704031(4,237>(52=0))+,S2<,)
B-C7<0801<2>264- %-S-‘jfimL(cid:143)+(cid:140)(cid:141)(cid:142)/s(cid:236)(cid:144)(cid:145)#(cid:128)’>
5,2)01<01 23,6(1) +21<*2<,% ;, A,53(1 4(+,251 2>(5,0<1 +21<*2<,-C*40304&"-’&$##;
C-C742:01<21 ,?2=A+,- F/(cid:159)U#VVU(cid:143)s(cid:236)/(cid:144)(cid:150)(
1,,) 4(),2+;04/ 4/,4,?4230>;,;,5, #5,2+$ 45*,’
.-C74,++01<234(57- ##W(cid:244)’
),4,6408,3# ( (cid:237) $ +((:01< >(5 U,8,52+7,2532<(% J;(5:,) >(5&!-$*H1<+03/
D-C7/2801<2)036*330(1- $-|(cid:133)Y" f$""#}~oIm#k(cid:130)(cid:131)(cid:132)|(cid:133))
01>(5=240(1 4(*1+(6: 4/,*1:1(;1- 1,;3A2A,5;/06/ ;23)(01<3*6/ 5,3,256/-I/,723:,)
%$-ZU,1Z>5(=4/,M2401 ;(5) =,213Z(+)Z-K/06/ %-def(cid:151)8*(cid:152)#(cid:150)(cid:153)Cibc(
M0:,217<(() ),4,6408,2550801<(1 4/, =,4(+,251 21,;+21<*2<,>(5(1,=(14/-I/,1 J/2)
;(5) *3,34/03M2401 5((4& Q*536/((+)0) 23*58,72=(1<$#%WX 34*),143
650=,36,1,% 4/,>05344/01<4()(;/,1 =,,401<21,; 4(<(4(4/,6(*145721) )(3(=,Z4,343Z4(3,,&#-(?W
B-’7L5(4/,503=71&*(/’L74;(7,253- 2L(*44/,05>28(*504,:01)3(>H1<+03/ /(=,;(5:- #
21) )0>>06*+4;(5) 034(^*)<,4/,304*240(1% 4(+((: 24 45&35&’J6(*+) Z3*5808,#+,-$ Z01 )0>>,5,14
C-F,;230++3(/,;23$P1&*3>5(=36/((+- #
,8,574/01<4/2403:1(;1 21) 3,,0>04/,+A3*34( 304*240(13-
#
.-B650=012+;231&*3&*%&@4(),24/ L7+2;-
*1),53421) ;/24(3=,213- J&$-%5/1&#6/((3,$ UA2103/#.·(cid:236)ø$ 21)
#
D-W" 34*),143;,5,.’&1&*3244/,3A(543=,,401<-
B37(* :1(;% A5,>0?,3#)*$ 21) 3*>>0?,3#> )0) 2(1,S=(14/ 6(*53,242+21<*2<,36/((+21) >(*1)
#
*$ 621 L,2)),) 4(4/,L,<01101<(5,1) (>;(5)34(
%%-$’(+7CDE# K/06/ (>4/,>(++(;01<
4/243(=,UA2103/ &%-4/’@1#;(5)$ 25,8,5730=0+25
#
6/21<,4/,=,2101<-\1(;4/,=% 21) 7(* ;0++/28, 3/(;34/,345*64*5,(>4/,A2332<,& 4(H1<+03/ (1,3-&&->/’,?2=A+,% %1:5 031G48,57
"ZT[\]&R$
4/,;(5) L*0+)01<A(;,5-C*45((4;(5)325,4/,:,7- !!m&252<52A/ $#"m&252<52A/ %#n" )0>>,5,14>5(=Z/,++(Z-Q>6(*53,% 4/,5,25,(4/,5
"$#$-B-,?,5603, C-34(57 $!-K/243*L=0330(133/(*+) M0F*2A5,A25,&
/"#$%&’( / !"#$%&’ .-/(*3,;(5: D-^(*51,7 ! 24/21:S7(* =,332<,
#%-B-80304 C-/21) .-457 D-62++ " 9*,340(132L(*4<52)*240(1
!"!!" #$##### %#!$"" # ## &’(")#*+ #&-B-L,44,5C-3+(;,5 .-/0</,5 D-/,280,5 # 230=A+,3,+>S0145()*640(1
!"!#$%&’"()’$ *#+%" *$ C-/(;7(* =2:,7(*5>50,1)3/2AA7 #’-B-6/,6: C-6246/ .-^(01 D-01804, $ /,5>28(*504,A064*5,321) 80),(3
.-;/(7(* ;2144(=2:,>50,1)3;04/ #(-B-U:2401< C-U;0==01< B-!"# C-"#$
!!&%% ’()*+,Y "#$%&’"
D-;/,5,7(* 3A,1) ;,,:,1)3;04/ >50,1)3 .-@*=A01< D-U:001< .-!#$ D-!"#$
!)-$D0) 7(* 1(406,4/,34*),143 2>,;Z;/7Z #)-B-4/24 C-;/06/ .-;/( D-/(; $#-K/,1 621G44/,3*L=0330(13L,3,14&
,%-./0"()’$ *#+$" *$
9*,340(1301 ’5a/21<G36+233& $*-B-,?6*3,3 C->,253 B-Q1 @*1,%"- C-Q1 @*1,%X-
!"-$J;238,57### L,62*3,(*536/((+8(++,7L2++
$N,3# J4/01: /,;214,) 4(45201 4/,052L0+040,34( .-;(5)3 D-6/(06,3 .-Q1 @*+7V- D-Q1 @*+7$V-
4,2=)0)1G4=2:,044(4/,>012+-
4/01: ),,A+7- 4%5678"()’% *#+R" *$ $$-K/,5,621 ;,A5(L2L+73,,4/,3*L=0330(13&
$i064(5721) ),>,2425,4/,6(==(1 4/01<3(>
B-25,23:,) C-=*34L,23:,) ! B-J1 21(8,+- C-J1 2)0257-
=,1-
.-/28,L,,1 23:,) D-;,5,23:,) 45637+IJKL .-J1 21,;3A2A,5- D-Q1 2;,L304,-
B-A240,14 C-,?604,)
#*-$H506/*54/03+,<;/,1 A+2701<4,11037,34,5)27- $%-K/24034/,,=20+=201+72L(*4&
.-625,>*+ D-)032AA(014,)
J14,51240(12+_52)*240(1#12$ i0),(
J/(A,/,;0++<,4L,44,53((1- B-I/,014,51240(12+34*),143G+0>,-
!!-P((1,621 L,50</42++4/,40=,-K/,1 A,(A+,
[(3,_25602
$###- C-I/,J14,51240(12+_52)*240(1 i0),(-
=2:,=0342:,3# ;,3/(*+)1G4### 4/,=-
I(’ M0F*2 I/*53)27# @*1,W# %"%T
B-J/(A,1(4 C-J/(A,3(4(( .-[(3,G33*<<,340(13>(54/,36/((+S+,28,53-
B-;204>(5 C-3,1) >(5
.-J621G43421) 04 D-N(* 25,;5(1< D-[(3,G36(1<524*+240(13(1 M0G326/0,8,=,143-
.-:1(6: 24 D-+2*</ 24
F0M0F*2#
1%23/0"()’$ *#+$" *$ :
!#-$D(7(* :1(;4/03<05+01 4/,A/(4(&
.(1<524*+240(13(1 7(*56(=01<<52)*240(1% ’7
##N(* 1,8,5:1(;;/,5,+0>,;0+++,2) 7(*-K/,1 J ##"$’$RH#’27L,;,4/5,,;,5,4/,=(34*1+*6:7
$Q>6(*53,-U/,03O*21 F(1<6/21 ### 03
12=,03[(3,_25602-J;(5: 244/,J14,51240(12+
;2327(*1<L(7% J<(4#R$# *A =71(3,(1,40=,- <52)*24,301 (*536/((+/034(57-JG++1,8,5>(5<,44/,
3:0++,) 24)0801<-
U4*),14Q>>06,21) J2=;(5:01<(1 4/,J14,51240(12+
B>4,54/24J#R%# ;214,) 4(<,401 4/,;24,52<201-J )27;/,1 ;,/2) (*5<52)*240(1 6,5,=(17#12
B-;/( C-;/(= .-;/06/ D-;/(3,
_52)*240(1 i0),(4(3/(;2++(>7(*5=,=(50,321)
4/(*</43;0==01<;231(4>(5=,- 56$-
!$-!"# $K/7)(,3’257328,=(1,7L7/,53,+>&
26/0,8,=,143(>4/,A2344/5,,7,253-
Q1,)27% J#RR# =73:24,L(25) 21) L5(:,=7 "$’$RL#J;23:1(;1 >(5L,01<625,+,33-J(>4,1
$C,62*3,3/,### 4(;246/ 4/,%"%W K014,5
U*L=0330(13#)323$ ;0++016+*),’
+,<3(L2)+7% 21) 4/,)(64(53320) J6(*+) 1,8,55,2++7 >,++)(;1 >(51(5,23(1-U016,J>,++(>>4/,342<,#7
Q+7=A06_2=,301 ’0+21-
)N(*5>28(*504,A064*5,321) 80),(3(>7(*540=,24
3:24,L(25) 2<201-I/,7320) 3;0==01<;234/,(1+7 (cid:216)$ )*501<=7A50=257<52)*240(1 6,5,=(17% =7
B->(5<,43 C-5,>*3,3
^*10(5/0</ 36/((+-
#RT# 4/24;(*+) L,<(() >(5=,- >2=0+7L,44/24J;(*+) >2++)(;1 2<201 )*501<=71,?4
.-014,1)3 D-)032<5,,3
)B3,14,16,(54;(016+*)01<;/,5,7(* 25,>5(=
K,++% J<28,042#RV#-H8,57;,,:% J<(42 <52)*240(1 6,5,=(17-I/,)2762=,3(9*06:+7-I/03
!%-$D(1G4### /(A,-H8,574/01<;0++L,L,44,5
21) ;/247(* 25,<52)*2401<;04/-
+044+,#RW# 21) /24,) 3;0==01<2+044+,+,33-J 40=,% JA5(*)+7=2),044/5(*</ 4/,;/(+,6,5,=(17
3((1-
)B4/21:S7(* =,332<,4(3(=,(1,;/(=27/28,
;(5:,) 24043(=*6/ 4/24(1,)27=7/0</ 36/((+ ;04/(*4>2++01<---L*4J:1(6:,) (8,54/,;/(+,
$N,3-K,3/(*+) +,251 4(L,L528,;/,1 ;,25,
/,+A,) 7(* <(4/5(*</ 2)0>>06*+440=,-
01 45(*L+,- 3;0==01<6(26/ 23:,) =,4(#RX# 4/,36/((+4,2=- L26:)5(A # 8 9 :$ *3,) 4( 42:, A064*5,3>(5
&+,23,3,1) 3*L=0330(13(59*,340(134([(3,_25602
B-4*51 *A C-<08,*A N(* 621 0=2<01,/(;4/24=2),=,21) =7>2=0+7>,,+ <52)*24,3& J>,+43(,=L255233,)#;<†$ 4/,;/(+,
24@1$’7g&$1-’6"-
.-6+,21 *A D-42:,*A 23J;233(2>520) (>4/,;24,5L,>(5,& =(5101<-
I/,),2)+01,#4B!"$ >(54/0303]50)27# @*+7V#
!&-B37(* +034,1# ;504,)(;1 4/,:,701>(5=240(1-I/, ’*6/ 4(,8,57(1,G33*5A503,% J4((: 4/05) A+26,01 "$’$RT # ’7>50,1) @*+02;23,8,1 =(5,
%"%T-I/,80),(;0++L,3/25,) 25(*1) <52)*240(1
;0++/,+A 7(* *1),53421) 21) 5,=,=L,5 4/,6047>012+3-#RY# 032L0<A254(>=7+0>,1(;- ,=L255233,)-K/,1 3/,4(<,4/,5;04/ 2++4/,<52)*24,3
40=,-
;/247(* /,25- N(* 1,8,5:1(;#R!# 5(2) +0>,;0++42:,7(* )(;1- ;23304401<9*0,4+701 4/,/2++24,0</401 4/,=(5101<%
.(1<524*+240(1321) )(1G4=0334/036/216,4(
B-1(4,3 C-A/(4(3 M((: 24=,( 23;0==,5& 3/,)0)1G4,?A,64/,5>24/,54(6(=,4(244,1) /,5
6,+,L524,7(*526/0,8,=,143%
.-+,44,53 D-A/(1,3 ](54/035,23(1% J327! )(1G4+0=04#0(cid:221)$ 7(*5 6,5,=(17L,62*3,/,;235,2++7L*374/,1-I/,/2++
N(*53#
!’-$%& K,25,### 4/24./01,3,A+27,53;(1 #T"#-B1) 5,=,=L,5% +0>,0323;0==01<A((+- ;238,579*0,421) 7(* 6(*+) ,8,1 /,252A01#=$
[(3,
T" <(+) =,)2+3)*501<4/,&2503%"%T Q+7=A063- @*=A 01 21) 342543;0==01<& N(* =0</4L,3*5A503,) )5(A (1 4/,<5(*1)-B++(>23*)),1%3/,/,25) ZF,7%
B->50,1)+7 C-L528, ;/,5,7(* ,1) *A- $"-K/(034/,,=20+;5044,1 4(& @*+02&ZH8,57(1,01 4/,/2+++((:,) L,/01) 21) >(*1)
.-1,58(*3 D-A5(*) #"-B-;24,5C-321) .-^*06, D-205 B-B/,2) 4,26/,5- @*+02G3>24/,5% ;04/ 262=,5201 /03/21)% 3=0+01<24
!(-$J;(1),5###- #!-B-340++ C-1,8,5 .-2+3( D-,8,1 C-B34*),14G3A25,14- /,5&
$U(=,(1,;/(621 =2:,=,2L,44,5A,53(1- ##-B-4*51,) )(;1 C-+((:,) 24 .-B6+233=(104(5- "$’$RN#I0>>217;234/,=(34L,2*40>*+<05+(>*3
B-;/,1 7(* (>4,1 =,,47(*5>50,1)3 .-/,25) >5(= D->,++(>> D-B1 014,51240(12+34*),14- 4/5,,-U/,+(8,) 2++:01)3(>)5,33,3-Q1 4/24)27%3/,
"%)5,33,) /,53,+>L,2*40>*++721) ;214,) 4(42:,3(=, I(=2:,=(5,A5(<5,3301 +0>,% 34254+((:01<24 %$-K/06/ ;(5) 036+(3,4(4/,*1),5+01,) ;(5) &"-.$134/5,,7,253% =217L,2*40>*+&!-A&A/’(&1
L,2*40>*+A/(4(3-e1+*6:0+7% 04;23(1,(>4/,;01)0,34 A5(L+,=301 2)0>>,5,14;27-K/24,8,5/2AA,13% 0>;, Z1&3P$%C1Z& 6(=,4(=7=01)-K/,1 J;2+: L76+2335((=3% 04
)273(>(*5+0>,-I/,;01) L+,;/,5L,2*40>*+)5,33*A 4/01: A(30408,+7% 04621 L,*3,>*+21) /,+A>*+-K, B-&50c,3- C-B)82142<,3- 3,,=34/244/,&#-#&11/*1;0++1,8,534(A-J621G4
01 >5(14(>4/,;/(+,<52)*2401<6+233& U/,)0)1G4:1(; 1,,) 4(:1(;4/24A5(L+,=325,A254(>(*5+0>,-B>4,5 .-H?6*3,3- D-D0>>06*+40,3- >(5<,44/, 3*13/01, 6(=01< 01 &$-35’/0+5 4/,
;/,4/,54(+2*</ (5657- ;,3(+8,A5(L+,=3(1,2>4,521(4/,5% ;,621 =2:, %%-K/24621 L,2A5(A,5404+,>(54/,A2332<,& ;01)(;3-J621G4>(5<,44/,+0L5257-J621G4>(5<,440)7
"$’$RZ #M*6:7’ e1+*6:7’ U(+*6:7& B++(> =(5,A5(<5,3321) L,6(=,345(1<,5- B-J),232L(*4’2:01<&5(<5,33 *10>(5=321) &%-#/)&#; 3=0+,3-JG++5,=,=L,54/,
4/,3,L,62=,4/,*1>(5<,442L+,A254(>(*5+0>,& F2801<6(1>0),16,#>(cid:181)$ 03/,+A>*+>(5*34( C-\,734(UA,,)01<eA &5(<5,33 A,(A+,&&-45/ /,+A,) 21) 3*AA(54,) =,( =7
$&-K/24;234/,;504,5+0:,01 /,5)20+7+0>,’ =2:,A5(<5,33- .(1>0),16, 6(=,3>5(= )0>>,5,14 .-’,2101<3(>F2801<.(1>0),16, 4,26/,5321) =7>50,1)3-I/,3,=(=,14325,3(
B-.25,+,33- C-.25,>*+- A+26,3% 3*6/ 23A5(A,5,)*6240(1% 4520101<(5/2801< D-U*<<,340(13(1 [,+240(13/0A3 *1>(5<,442L+,4/24J;2144(&’-15$’&4/,=;04/ 7(*-
.-]50,1)+7- D-M2c7- <(() 5,+240(13/0A3-K,3/(*+) 2+3(3427;04/ A,(A+, 9%:;<=>?@A>.BCDE"FG.HI$ ##B+4/(*</ ;,/28,4(<((*5&(-1&.$’$3&;273
$’-K/24)0) @*+02G3>24/,5)(244/,<52)*240(1 ;/(L,+0,8,01 (*53*66,3321) 26408,+73*AA(54*3- "()’$ *#+V *$ 1(;% J/(A,;,621 82+*,4/,/2AA740=,;,&)-1.&*3
6,5,=(17’ I/,3,A,(A+,621 /,+A A*3/ *34(;25)3A5(<5,33- !’ _(() =(5101<# F,+,1% 4(<,4/,5-’7),2536/((+% J+(8,7(* ’*-?/’&)&’-
B-F,3249*0,4+701 /033,24- U+(;A5(<5,3303340++A5(<5,33-@*34234/,(+) :’ _(() =(5101<# ]521:% K,25,+,2801<^*10(5/0</ B1) J5,2++7)(1G4;2144(327<(()L7,-
C-F,;23L*37;04/ /03;(5:- 32701<<(,3% ZJ4)(,31(4=244,5/(;3+(;+77(* <(23 36/((+2>4,54/,,?2=3-J2=8,5732)- U%VWXY"$V *$
!’ ’,4((- (cid:154)(cid:236)t(cid:155)#Ay0i(cid:192)(cid:156)(cid:226)C(cid:150)Z’7)5,2=
.-F,3/(*4,) @*+02G312=,+(*)+7- +(1<237(* )(1(434(A-Z&5(<5,33*3*2++76(=,32+(4
:’%&-#2# ^(LZ(cid:140)#/Łi(cid:157)(cid:158)( F+(cid:148)(cid:149)>F/$4#fifl
D-F,)5(AA,) 2A01 (1 4/,<5(*1)- =(5,3+(;+74/21 ;,,?A,64-H8,1 0>A5(<5,33033+(;%
!’ ’5C5(;1-F,032+;273A240,14;04/ *3- Z‘j/L“(cid:159)(cid:236)?>C4*L“(cid:159)(cid:236)KL–0
$(-F(;;234/,;,24/,5(1 4/,)27(>4/,;504,5G3 4571(44(L,;(550,)-Q1,0=A(542144/01<034/24;,
:’N,3-F,/,+A,) *34()(2+(4L,44,501 360,16,-D( H†i#fy0i(cid:192)ØŒ(
<52)*240(1 6,5,=(17’ :,,A 42:01<34,A34(;25)3(*5<(2+3% 21) 21(4/,503
7(* /28,217(4/,53A,602+=,=(50,3& »…WX’
B-.+(*)7- C-K01)7- 4/24;,6+,25+75,=,=L,5;/24(*5<(2+325,2++4/,
!’%’-#<# N(* 2++/,+A,) =,4(+((: >(504- $-K/24)(7(* ;2144(L,;/,1 7(* <5(;*A&
.-U*117- D-[2017- 40=,-I/,264*2+3A,,) 031G40=A(54214-
:’ J5,=,=L,54/24-Q*536/((++0>,03*1>(5<,442L+,- %-K/7)(7(* ;2144(L,2!1"---&
$)-K/7)0) I0>>217>,,+,=L255233,) 4/24)27’ I/,5(2) 4(A5(<5,33031(42+;2733=((4/-’(34
!’ N(* 25,50</4-%(-#># R-F(;25,7(* <(01<4()(4/24&
B-C,62*3,3/,>,++(>>4/,342<,- A5(<5,33(>4,1 6(=,3;04/ 1&3P$%C12+(1<4/,;27-
:’ J/(A,4(<,4014(2<(() 3,10(5/0</ 36/((+- T-K/,5,25,7(* <(01<4(;(5:&
C-C,62*3,3/,)0)1G4/28,L,2*40>*+)5,33,3- U(=,40=,3% =27L,04>,,+3+0:,;,G5,42:01<(1,34,A
!’ JL,+0,8,01 7(* L,62*3,7(* 25,4/,=(34,?6,++,14 V-K/,1 25,7(* <(01<4(34254&
.-C,62*3,/,5)5,33;23L+(;1 *A- >(5;25) 21) 4/5,,34,A3L26:% L*404;(1G42+;273L,
01 (*56+233-%)-#:#
D-C,62*3,/,5A/(4(3;,5,1G4*1>(5<,442L+,- +0:,4/24-K,621 =*6/ =(5,,230+7=2:,4/,A5(<5,33 7(cid:134)|(cid:135)
:’ N(*5A+21 039*04,<(()-J4/01: 7(*G++L,
%*-$’(+7CDE# K/24034/,50</4345*64*5, ;,;2140>;,:,,A <(01<4(;25)3(*5<(2+3- 24,26/,5 2360,14034
3*66,33>*+-C74/,;27# ;,G++/28,2<52)*240(1
&5(<5,33)(,31G42+;273/2AA,1 01 234520</4+01,-
(>4/,A2332<,&
A25472>4,54/,,?2=3-&*-#!# +L,<(() 246(==*1062401< +L,014,5,34,) 01 360,16,
B3+(1<23;,:,,A ;(5:01<% ;,;0++26/0,8,/0</,5
!’ U*5,- +;(5: ;04/ 6/0+)5,1 +018,141,;A5()*643
+,8,+3-
B-
:’ I/24G++L,<5,24-
%"-K/24621 A5(<5,33=2:,*3)(& +<,42<(() ,)*6240(1 +34*)7360,16,/25)
B-U,4+0>,+(1<<(2+3- B-K(*+) 7(* +0:,4(6(=,& ++,251 /(;4(4,26/ 6/0+)5,1 +)(360,140>065,3,256/
C-_(>(5;25) ,230+7- C-C*4JG=<(01<4(21 25436/((+-
C- +--- +---
.-M08,/,2+4/0+721) /2AA0+7- .-K/06/ 4,26/,5;0++7(* =0334/,=(34&
[\’$-|(cid:133)Y" f$"")
D-I/01: 2L(*41,;4/01<3- D-I/21:3>(54/,05/,+A )*501<=73427/,5,-
%-ij`´ˆQ”I/»…WX#defgh)
%!-K/24)(,3&252<52A/ R 4,++*3& H-J5,=,=L,5+(301<=736/((+L2<01 _52),X-
.-
R-ijkamnv;/bx*yx(rs(
B-K,3/(*+) 3*AA(54)0>>,5,14A,(A+,- ]-K/24)(7(* /(A,4()(2>4,57(* <52)*24,&
D; @’&$AO/P
C-U(=,A,(A+,621 A*3/ *34(>20+*5,- _-’740=,01 ^*10(5/0</ 36/((+;0++L,,1^(72L+,-
#
D- .-.(1>0),16,/,+A3*3=2:,A5(<5,33- J%K;<=LM-NOPQ3RBCST"FGN
#
D-D0>>,5,1436/((+3,?A,644/,32=,A5(<5,33- HI$"()’$*#+$"*$
#
2 %#-K/24)(,34/,;504,53272L(*43+(;A5(<5,33&
>(5,8,5# 4/5(*</# +,33(1# ;/(# 3/25,# ,>>(54# #
&5(<5,33=,2134/,264(><(01<>(5;25)-’2:01< B-J4(>4,1 <(,33=((4/+7-
A234# 3A,1)# =,=(57# 3,A2524,# +(8,# 30=0+25 #
217:01) (>A5(<5,33621 =2:,*3/,2+4/721) /2AA701 C-J4340++=,213A5(<5,33-
#
+0>,-C73,4401<21) 26408,+7;(5:01<4(;25)3(*5 .-J43(=,40=,334(A3A5(<5,33- ##_(() =(5101<% ,8,57(1,-U421)01</,5,% J:1(;
"ZT[\]&R$
<(2+3% ;,621 =2:,A5(<5,3301 (*5+0>,- D-J42+;273<08,3*326+,25=01)- 04G340=,4(327<(()L7,-K/,1 J+((: L26: 4(4/,
"&"’-B-3/25,) C-5,80,;,) !!-@,33062621G442:,A25401 4/,5,+27526,A5(L2L+7
.-5,A,24,) D->0103/,) L,62*3,####-
0"()!"#$%&’
"(-B-),8,+(A=,14 C-,?A,50,16, B-3/,031(4>5,,(1 $R4/ B*<*34
!"!Y" #$##### %#!!" # ## &’(")#*+ .-01>+*,16, D-6(*52<, C-/,54,2==,=L,5325,2++2)*+43
.-3/,;21434(42:,A254(1 /,5(;1
$%-./0"()’$ *#+$" *$ $####-J4A5(4,6434/,50),5G3/,2)- ")-B-5*1101<(*4(> C-+((:01<>(5;25) 4(
D-3/,621G462557%" :0+(3(>A(424(,3
"-K/,1 7(* <(5(6: 6+0=L01<# 7(* 1,,) 4(L,625,>*+ B-J2<5,, C-JA5(=03, .-6(=01<*A ;04/ D-:,,A01<2;27>5(=
!#-$’(+)*+,# K/06/ (>4/,>(++(;01<03
3(4/247(* )(1G4/28,2!1"####- .-_(() 0),2 D-I/24G32++50</4 !*-B-5,3*+4 C-6/216,
2A064*5,(>4/,/*5)+01<&
B-6/216,C-2660),14 .-3,65,4 D-2640(1 l%23/0"()’$ *#+$" *$ .-)036(8,57 D-/2L04
!-H?6,A4>(5;(5:01</25)# ;,3/(*+) <08,=(5, ## !"# J+,251,) 4/,0=A(54216,(>65,2408, m%5678"()’% *#+R" *$
244,140(1 4(#### ,?,5603,21) ,1(*</ 3+,,A- 4/01:01<01 2A/730636+233=2177,2532<(- !
B>4,52++# /,2+4/ 2+;2736(=,3>0534- K/,1 J;2301 /0</ 36/((+% (*5A/730634,26/,5 45637+MN
B-3(>4 C-A5(A,5 4(+) *34(=2:,2A2A,5A+21,(>217#$$#-I/,(1+7
6VU>-6>VU
.-3=((4/ D-3*)),1 <(2+;234(<,4044(>+723>2523A(330L+,-J/2) =217
B- C-
2-D<!U=6VUS79,VE
#-I/,6/0+)5,1 /28,A2014,) 3016, 6(*+) 3:0++3(>=2:01<A2A,5A+21,3% 3(J=2),4/,L,34
A06: *A 2L5*3/- A2A,5A+21,J6(*+) 21) 04>+,;A5,447#$%#- .(=,21) ^(01 *3>(54/,
B-4/,7 C-4/,= BL(7=2),4/,<5,24,34% 7,44/,#$R# A2A,5 W4/ [*1 >(5]*1 21) +,4G3=2:,
.-4/,05 D-4/,=3,+8,3 A+21,-F,34(() 4/,5,244/,3425401<+01,;04/ 21(5=2+ 042)274(5,=,=L,5-I/03,8,14
$-I/,>25=,5####/03/(53,4(245,,21) 324 A0,6,(>A2A,5-U(=,6+233=24,3345,46/,)#@j$ 03A254(>4/,[*1 ],34082+-[26,
)(;1 4(/28,25,34- 4/,051,6:3;/0+,+2*</01<24/0=-’(=,143+24,5% /, >(5(1,=0+,% ;04/ 2L2<(>A(424(,3- .- D-
B-=0?,) C-/,+) 4((: 4/24A0,6,(>A2A,5% =2),04014(2L2++% 21) D&AP&’1*&&@&@ !$-K/24034/,A*5A(3,(>4/,A2332<,&
.-40,) D-6(11,64,) 4/5,;04)(;1 4/,/2++;27-K,;,5,3(#$T# L7 Q1+74,2=325,1,,),) >(54/,5,+27526,% 3*6/ B-I(01804,A,(A+,4(,14,54/,5,+27526,-
%-$K(5) 62=,4/244/,3A(543=,,401</2) L,,1 ;/24/,/2) )(1,-K,1,8,5,?A,64,) 4/01<34( 23>50,1)3% 3A(5436+*L321) >2=0+0,3-](*52)*+43 C-I(3/(;4/,A(A*+25047(>[*1 ],34082+-
62++,) (>>L,62*3,(>4/,3*)),1 5201- /2AA,1 +0:,4/03-B++(>*3;,5,#$V# ,230+7L7 25,1,,),) >(5,26/ 4,2=- .-I(4,++A,(A+,4/,0=A(54216,(>A(424(,3-
$I/,34*),143=*34/28,L,,1 8,57#### 4/,1- /0=- 60#&13/ ?/##/4 D-I(62++(1 A,(A+,4(A27244,140(1 4(/,2+4/-
B-,?604,) C-32403>0,) U(=,(>4/,34*),143<(4=2) 21) 320) 4/24/, +J4G323/(54S)034216,#EFG$ 526,% L*4 !%-K/24034/,A2332<,&
.-+(1,+7 D-)032AA(014,) 6/,24,)#AB$- 5*11,5325,3*AA(3,) 4(625572L2<(>A(424(,3;/0+, B-B45*,34(57-
&-U(=,34*),143 I20./0(8,54/,5,-M,4G3 I/,A/730634,26/,5320)% ZF(;3(’ F,)0)1G4)( 5*1101<(%" :0+(3>(5=,1 21)$" :0+(3>(5;(=,1- C-B1,;35,A(54-
<(21) ^(01 4/,=- 2174/01<#$W # L,62*3,2A2A,5L2++035,2++72 +D(1G4)5(A 4/,A(424(,3& .-B3/(AA01<A(34,5-
B-A+27 C-A+27,) 3/2A,-Z +’,1 25,23:,) 4(>0103/ 4/,/*5)+01<-C, D-B1 264080470145()*640(1-
.-25,A+2701< D-;,5,A+2701< N,3% 4/,L(7^*34#$X# 4/,423: 01 2)0>>,5,14 625,>*+;/,1 7(*G5,^*=A01<(8,54/,(1,S=,4,5S/0</ :
’-$K/,1 )0) 4/,A+21,####& ;27-J1 (*5+0>,% ;/24;,25,42*</44*513014((*5 >,16,3#HI(cid:137)$ ;/0+,5*1101<-U2>,476(=,3>0534- ##J>7(* 80304U/214(* U=2++
$B4% (G6+(6:- #$Y#-K,)(,8,574/01<266(5)01<4(04-F(;,8,5% D/’&(*?/’A$3(/* &25:% 7(* ;0++L,2=2c,) 244/,
B-42:,*A C-42:,(>> (*5,?A,50,16,<,4301 4/,;27(>(*5),8,+(A=,1424 ,=$3&#$%4/ ‘$R4/ U,A4,=L,5 L,2*47(>4/,L+(6:34/,5,-I/,
.-42:,2;27 D-42:,A+26, 3(=,A(014-J4A5,8,143*3>5(=#$!# 1,;0),2321) 345,,43014/0325,225,+01,);04/
,G/%$3(/*#P(54/ &25:
(-$.21 /,42:,>0534A+26,01 4/,526,& ),345(73#CD$ (*565,2408047-J4035,2++71,6,33257 3/(A/(*3,3>5(= 4/,$!4/ 21)
,E3$’33(A&#%!"" A=
$F, 3(# L*4/,/23^*34/*54/03+,<-J4G3 >(5*34(+,251 4(4/01: (*430),4/,L(?-I/,1 ;,=27 ,25+7%"4/ 6,14*57-J1 >5(14(>
,-’+$*(1&’#I,557K0+:013
4/,3/(A/(*3,34/,5,032+;2732>08,S>((4;27-
0=A(330L+,1(;- )036(8,5=*6/ ,230,5=,4/()3;/06/ A5()*6,2L,44,5
,2/*3$%3#JK$ 01#.2++’*5527_5,,1 24
B>08,S>((4;270323/,+4,5,)#LM†$ ;2+:;27
B-;0++,?A,644()( C-03,?A,64,) )(01< #%"#-@*34+0:,4/,L(701 4/,34(57% ;,25,
#"%$ !%$RW$$W 01 >5(14(><5(*1)S>+((53/(A301 2345,,4-BL(8,4/,
.-/23,?A,64,) )(01< D-;23,?A,64,) 4()( 3*AA(3,) 4(4/01: 65,2408,+7-
S5$3;/0+&3 ;27034/,3,6(1) >+((5(>4/(3,L*0+)01<3-U*6/ ;273
)-012+3* I/03>2=(*332701<ZK/,1 J ""-B-A506, C-3/2A, .-;,0</4 D-6(+(5
+ ]5,,,1457 25,6(==(1+73,,1 01 U(*4/,51 ./01221) U(*4/,234
;2+: 2+(1<;04/ 4;((4/,53# 4/,7=273,58,=,23 "!-B->25 C-/0</ .->234 D-34520</4
+ ]0103/,5G3=,)2+ B302-B34/,12=,3*<<,343% 4/,;2+:;27325,*3*2++7
=74,26/,53Z4,++3*3####- "#-B-1,;,34C-L0<<,34.-30=A+,34 D-+(1<,34
+ BL2<(>A(424(,3 >08,>,,4265(33-I/03=2:,304A(330L+,>(5A,(A+,4(
B-/(;3/(*+) ;,45,24A,(A+, "$-B-A+,23,) C-3*5A503,)
;2+: 25(*1) 01 /,28752013(5(1 /(43*117)273
C-;/(;,621 +,251 >5(= .-;(550,) D-,?604,) !"-K/06/ 3424,=,142L(*4[*1 >(5]*1 0345*,& ;04/(*4<,4401<;,4(53*1L*514-
.-;/24)0) ;,32701 A*L+06 "%-B-6/21<,) C-;251,) B-J4032+(1<S)034216,526,- I/,>08,S>((4;27*3,) 4(L,2=0?4*5,(>A50824,
D-;/7;,1,,) 4,26/,53 .-6(145(++,) D-L,24,1 C-J403(1+7>5,,>(5>0103/,53- 21) A*L+063A26,-C0:,3;,5,*3*2++7A25:,) 4/,5,-
"*-$J1 =7(A010(1# ;,2501</,+=,43#t?$038,57 "&-B-)21<,5(*3 C-/25=>*+ .-J43(5<2103,503’*5527_5,,1- Q1 3*==,510</43% A,(A+,;(*+) A*43(=,L2=L((
1,6,33257>(55(2) 32>,47- .-;5(1< D-50</4 D-J4/232+5,2)7L,,1 /,+) >08,40=,3- 6/2053(*4% =2:01<3(=,4,221) 304401<)(;1 4(,1^(7
"’4/,6((+-M24,5% >08,S>((4;273;,5,*3,) >(5L*301,33 2 ##-K/24)(,34/,,?2=A+,(>4/,360,16,4,344574( ,%K;<=LM-NOPQ3RBCST"FG
26408040,3-I/,3A26,01 >5(14(>3/(A/(*3,3;23;0),% J>7(* >01) 7(*53,+>(>4,1 >,,+01<+0:,4/,5,G31(4 4,++*3& NHI$"()’$-V *#+$V *$
21) 4/,5,;23<(() >((4452>>06-I/,3,=2),>08,S>((4 ,1(*</ 40=,% 7(*G5,1(42+(1,(J3(=,40=,3/28,4/24 B-I(;(5: (*44/,40=,(>4/,360,16,4,34- ;/24# H*5(A,# 2# 4(# 0145()*6,# >234#
;273,?6,++,14A+26,34()(L*301,33-N(* 621 0=2<01, >,,+01<% 4((-I/,:,703<,4401<<(() 24=212<01< C-I(28(0) A+2701<;/,1 /(=,;(5: 031G4)(1,- :01)# *3*2+# (5# 01804,# L,# 4/(*321)
4/244/,>08,S>((4;27301 >5(14(>3/(A/(*3,3;,5, 40=,-K/,1 7(* <,44/,3:0++% 7(* 621 >0103/ 7(*5 .-I(/28,40=,>(5L(4/ 34*)701<21) /2801<>*1- 9’$??(%E%5//#
4,550L+765(;),) 244/2440=,-B1) L*301,3326408040,3
34*)0,3(1 40=,21) 340++/28,3A26,>(5>*1 26408040,3- D-I(>01) (*45,2++70=A(54214423:321) )(4/,= F28,7(* ,8,5)508,1 4/5(*</ 25,) 452>>06+0</4’
34254,) 4(3A5,2) (*4(14(4/,;2+:;273% >5(=4/,32+,
F,5,25,3(=,3*<<,340(134(/,+A 7(* >01) 4/24 >0534- F28,7(* ,8,5A25:,) 01 4/,;5(1<A+26,(5)508,1
(>6+(4/,34(3/(,5,A205-I/,3,L*301,3326408040,3
L2+216,#PQ$- #$-K/06/ (>4/,>(++(;01<033*AA(54,) L74/,;504,5& $"-?$13&’4/21 4/,3A,,) +0=04#0V$’ I/,213;,53
;,5,*3*2++73=2++21) =(L0+,-
"#$*130@; 3(A&.’/.&’#; B-U4(AA01<A+2701<6(=A+,4,+7- 25,A5(L2L+7Z7,3Z-H8,577,25$!-35/01$*@1(>
B+4/(*</ L*301,3326408040,33*6/ 2334(574,++01<
K(5: (*4/(;=*6/ 40=,7(* 1,,) >(5,26/ C-K246/01<Ii4((=*6/- )508,53L,6(=,Z(>>,1),53Z( 4/,7L5,2: 4/,5*+,3(>
21) +,44,5;50401<25,1(+(1<,525(*1) 4()27% 4/,>08,S
4/,5(2)-C*4$#-45$325,4/,A*103/=,143>(54/,
3*L^,64- &+21 7(*534*)740=,266(5)01<4(4/, .-_(01<(*4;04/ >50,1)321740=,-
>((4;27325,%/*1&’)&@-P(;2)27301 U/214(*%
(>>,16,3’
)0>>06*+47+,8,+(>,26/ 3*L^,64-](5,?2=A+,% 3A,1) D-U2701<1(4(>*1 4/01<30>1,6,33257-
4(*50343621 340++42:,2;2+: 2+(1<4/,;2734( J1 =(346(*1450,3)508,53/28,4(A272>01,#W
2L(*4(1,/(*5(1 4/,,2373*L^,643% $ b% /(*53(1 #%-K/24G34/,L,34404+,>(54/03A2332<,&
,?A,50,16,4/,<(() (+) )273(>4/,U=2++&25:- X$%$$-010$##; (>($"" b(R""-C*401 4/,eUB%
4/,(1,301 4/,=0))+,% 21) % bR /(*53(1 4/,=(5, B-K2734(&+21 U4*)7I0=,
!&-I/,;504,5=,140(13U/214(* U=2++&25: L,62*3,04 B*3452+0221) 3(=,$%-<0’/.&$*6(*1450,3(>>,1),53
)0>>06*+4(1,3- C-’,4/()3(>’212<01<I0=,
/23####- 2+3(<,4A(0143(1 4/,05)50801<+06,13,3-B>4,54/,7<,4
#### .-U*<<,340(13(1 C,01<U*66,33>*+
B->08,S>((4;273 $&-$ 6,54201 1*=L,5(>A(0143% 4/,7621G4)508,-
J>7(* )(1G4/28,,1(*</ 40=,>(534*)701<% 4/01: D-J1>(5=240(1 2L(*4F2801<]*1
C-65(;),) 345,,43 M0>,03)0>>06*+4;/,1 7(* 621G4)508,-U(>253(=,
.-2=2c01<3/(A/(*3,3
2L(*43A,1)01<+,3340=,(1 4/01<3+0:,A+2701<(5 &%:;<=>?@A>.BCDE"FG.HI$
3424,301 4/,eUB$’-5$)&(*3’/@0%&@21,;;274(
D-L,2*40>*+=(),51 L+(6:3 ;246/01<Ii-D(1G434(A 4/,3,26408040,36(=A+,4,+7% "()’$ *#+V *$ 28(0) 4/03( I52>>06U6/((+-Q>>,1),53/28,26/(06,!
!’-K/7)0) 2>08,S>((4;27/28,3*6/ 2),30<1 244/, 21) ^*34)(4/,=2L04+,33-I/24;27% 7(* 621 =2:, !**’ F0# I(17-F(;25,7(* I/,7621 <,4A(0143(1 4/,05)50801<+06,13,3$(-/’
L,<01101<& 3*5,7(* /28,40=,>(5L(4/ 34*)701<21) /2801<>*1- <,4401< (1 ;04/ 7(*5 4/,7621 )(26(*53,24I52>>06U6/((+-
B-I(=2:,4/,345,,43;0),5- G&$’*3/ "’(/’(3(B&#RSTU$ H1<+03/& I52>>06U6/((+35*1 Z)508,50=A5(8,=,146(*53,3Z-
C-I(<,4=(5,4(*50343- K(5:01<(*4;/244()(21) ;/,1 4()(032:,7 9/*;’ JG= =2:01< <(() A5(<5,33- _*,33 ;/24& I/,742:,>5(=>(*5$)-3/ 4;,+8,/(*53-’(34A,(A+,
.-I(/28,=(5,3/(A/(*3,3- A254(>=212<01<7(*540=,-K/,1 7(* /28,+(43(> #&-#># )(4/,6(*53,01 26+2335((=% L*401 3(=,3424,3
D-I(3*044/,+(62+6+0=24,- 4/01<34()(% 7(* 1,,) 4(>01) (*4;/06/ 423:325, !**’ I/243(*1)3014,5,3401<-I,++=,2L(*404- )508,53621 )(4/,6(*53,(1+01,-D508,53+,251 4/,
!(-K/06/ (>4/,>(++(;01<=2),4/,>08,S>((4;272 5,2++70=A(5421421) )(4/,=>0534-](5,?2=A+,% 0> 9/*;’#’-#2# 5*+,3(>4/,5(2) 21) 4/,7+,251 /(;%*-3/ P&L,44,5
<(() L*301,33A+26,& 4/,5,G32360,16,4,346(=01<*A% 7(* 3/(*+) 3A,1) !**’ I/24G39*04,2/25) +21<*2<,4(+,251-J43;50401< )508,53-I/,7)(1G4/28,4(42:,2)50801<4,34% L*424
B-C0:,3;,5,A25:,) 4/,5,- =(5,40=,(1 360,16,0134,2) (>(4/,53*L^,643- 033()0>>,5,14-#(-#=# 4/,,1) (>4/,6(*53,4/,7/28,4(A2332;5044,1
C-I/,L*301,3326408040,3;,5,=(L0+,- G&$’*3/ 1$; U- 9/*;’ C,62*3,JG8,<(42^(L 01 _*21<c/(* 21) JG++ ,?2=01240(1-
.-&,(A+,,1^(7,) 4/,(*4)((5205- 3425401 30?=(14/3- 1%VWXY"%" *$
F2801<>*1 03<5,24% L*404G30=A(542144(:1(;
D-’217A,(A+,;2+:,) (1 04,8,57)27- !**’ C*4/(; 621 7(* =234,53*6/ 2)0>>06*+4 ##(cid:140)5{|Ay(cid:160)•(cid:130)=>»…#Ayy¡0H
;/,1 4(3271(4(>*1 4/01<3-](5,?2=A+,% 0>3(=,(1,
!)-K/24)(,34/,*1),5+01,) ;(5) Z%/*1&’)&@Z01 +21<*2<,01 30?=(14/3& ¢£(cid:150)Z(cid:140)⁄(cid:160)•(cid:130)#¥ƒ§_¨Z(cid:140)"#¤fAH
01804,37(* 4(A+27L*47(*5/(=,;(5: 031G4)(1,% 04G3
4/,+234A252<52A/ =,21& Łi( F+(cid:148)(cid:149)KsW(cid:244)#G0HKL–†i#f
9/*;’ K,++# JG++;(5: 01 2C50403/ 6(=A217# 7(*
(:274(3271(-U2701<1(03+0:,21 254-J4/,+A37(*
B-I(6/21<,- ¢£ØŒ(
:1(;-K,*3*2++73A,2: H1<+03/ )*501<;(5:-
28(0) <(01<(*4;04/ >50,1)3>(51(<(() 5,23(1 (5
C-I(L*51 )(;1- Ks»…’$-RSAy(cid:156)'R" ¡“(cid:160)•(cid:130)/=>
#)-#<#
;246/01<Ii4((=*6/-
.-I(:,,A 01 2<(() 3424,- »…#˘ß(cid:252)VV+/(cid:246)(cid:255))
!**’ J3,,-U(;/,1 25,7(* 3425401<7(*5+,33(13&
J1 2;(5)% L,01<<(() 24=212<01<40=,031G4^*34
D-I(6+(3,21) L+(6:- %-+G(cid:160)•(cid:130)=>»…¯YZ(cid:143)(cid:144)/«
9/*;’ Q1 ’(1)27-J/28,>08,+,33(132;,,:-JG=
#*-$’(+7CDE# K/06/ (>4/,>(++(;01<03 /,+A>*+>(534*)7+ 04G32:,74(3*66,3301 +0>,- ‹#FKm$›)
2+3(<(01<4(+,251 4(301<./01,3,3(1<3-
#"-K/24621 ;,)(4(A+21 34*)740=,A5(A,5+7& KsW(cid:244)’$-ijklmn(cid:134)H/v;{x(cid:127)A
4/,345*64*5,#NO$ (>4/03A2332<,’
!**’ $*-#!# B1) =27L,7(* 6(*+) ;246/ 3(=,
B-UA,1) 4/,32=,40=,(1 ,26/ 3*L^,64- yxfi)
./01,3,IiA5(<52=323;,++-
C-UA,1) +,3340=,(1 4/,)0>>06*+43*L^,643- %-|(cid:133)Y" f$""!}~oIm#k(cid:130)(cid:131)(cid:132)
.-UA,1) 2++(*540=,(1 4/,)0>>06*+43*L^,643- B-I/24G32<5,240),2- |(cid:133)"(
D-UA,1) 40=,266(5)01<4(4/,)0>>06*+47+,8,+- C-K(*+) 4/24L,Q\;04/ 7(*& 7(cid:134)|(cid:135)’L2)=014(1 fl(cid:176)–)5(A,3:0AA01<†‡
B- C- #!- $’(+OPQ!# K/24621 L,A*4014(4/, .-JG=<(01<4(+,251 ./01,3,- I/,6(+(*5>*+26408040,3)*501<4/,R"S=01*4,
D-K/7)(7(* ;2144(+,251 04& L5,2: /,+A =2:,4,,12<,53/,2+4/0,521) 345(1<,5-#
L+21:&
H-J^*341,,) 4(3A,2: ./01,3,2>4,5;(5:- #
B-e3,40=,;03,+7
]-JG=<(01<4(34254+,25101<21(4/,5+21<*2<,3((1- #
C-_,421(4,L((:
_-I/,L,34;274(+,251 2>(5,0<1 +21<*2<,034( #
.-C5,2: *A +25<,423:3
# 5,2) =(5,- "ZT[\]&R$
.- D- D-D(6/(5,301 3A25,40=,
"(!" #$%&’( ! !"#$%& )" #$%&’( ) !"#$%&
!"!#$%&’"()’! *#+"# *$ )’()*+>/4-J*8,*-7==4-+>/,0=+/3/88/5$ !"!#$%&’"()’! *#+"# *$ !*’()484>/4-+)45/3*0 9/3468/3$
$%,-./0 $’(*+9),0=*3/@,4’ %’M/,0=6/8*5*<;’ $%,-./0 $’&),0*’ %’L8*094’ &’&*0*>*’
!"#$%&’(!)&’(*+
!"#$%&’(!)&’(*+ &’B84A*8,0=6/8*0 4N*3’ 3%,4/0
,-./" 01)./234 $#%#&
,-./" 01)./234 $#%#& !*’()4845,<<B*7<*0> J*8,*=/+/3/88/5$ !"#$,FGH!GH*+%-./" 0I
5-67869,-:;67" )&
$’./+)4&40+8*<B*8;’
5-67869,-:;67" )&’ JGHKL!1)./234 $#%#&5-678
’(<=>"
!"#$
!"#$ %’./+)4&,+1O,:8*81’
(<=>"
!’?/5>,> P*091=/+/-9)//<+/>*1$
69,-:;67" GH<=>"
&’./+)4&,+1B*8;’
!’()*+,-./012-)/34+/50 6*3/7-6/8$ !!’()484,-./01$
3%,4/0
$’S0 ?464,’ %’S0 %4,D,0=’ &’S0 H)*0=)*,’
$’ %’ &’
$’ %’ &’ !"#$,FGH!GH*+%-./" 0I
!"’()1>/4-./015*0++/D/,0 +)4J7-,9&<7:$
"’()*+2-G*9;2-*>@,94$
JGHKL!1)./234 $#%#&5-678
$’%49*7-4)4<,;4-37-,9’
"’(),9) ://; ,-*<<8,=)+6/8+)43*0$
69,-:;67" GH<=>"
%’%49*7-4),-68,40> :4</0=-+/+)4J7-,9&<7:’
!!’()484,-O,0>*68/3$ $’ %’ &’
&’%49*7-4),-+4*9)48*-;-),3+/>/-/’
#’?/53*01-+7>40+-*84+)484,0 +)4=,8<2--9)//<$
$’B*8,-’ %’O/0>/0’ &’P45Q/8;’
$’ %’ &’ !#’(),9) -7:D49+>/4-./01<,;4:4-+$
$’TT#’ %’TU#’ &’TF#’
!"’()/>,> O,0>*+8*@4<5,+)$
#’()*+>,> ./3>//0 )/<,>*1$ $’()*+>/4-C*@,> +),0; /6=4/=8*A)1$ $’I0=<,-)’ %’$8+’ &’J*+)-’
$’?48A*840+-’ %’?48-+7>40+-’
$’?4@,-,+4> ),-709<4’ $’%/8,0=’ %’C,66,97<+’ &’?4<A67<’ !$’()*+<*0=7*=4-9*0 ./01-A4*; 0/5$
&’?489<*--3*+4-’
%’?4+//; *+8,A +/+)4-4*-,>4’ %’()484*84+)4-A4*;48-=/,0=+/344+$ $’&),04-4*0> L8409)’
!#’()40 >,> O,0>**88,@4,0 %4,D,0=$
$’S0 +)4A*8;’ %’I0=<,-) *0> &),04-4’
&’?4*++40>4> *-733489*3A’
$’R0 G7<1!#+)’ %’R0 G704!#+)’
%’$++)4-9)//<=*+4’
&’I0=<,-) *0> L8409)’
$’?/5>/4-B4+48644<+/>*1$
&’R0 J*1!#+)’
&’S0 +)49<*--8//3’
!%’(),9) /6+)46/<</5,0=,-.VWI$
$’.,84>’ %’C/50’ &’B<4*-4>’
!$’?/5</0=>,> O,0>*-+*1,0 %4,D,0=$ 1%2-./0
$’./01<,;4-B,9*--/@481379)’
%’()1,-+)45/3*0 =/,0=+/%4,D,0=$ $’L/8+)844>*1-’ %’L/86/78>*1-’ !"#$=&’(!)&’(*+?-./"
%’./015*0+-+/D/,0 +)4I0=<,-) &<7:’
$’./5/8; +)484’ %’./@,-,+*68,40>’ &’L/86,@4>*1-’ 01)./234$#%#&5-67869,-:
&’./019*0 >8*5A,9+784-@48154<<’
&’./+*;4*+8,A’ !%’()*+>/4-O,0>*+),0; /6)48+8,A +/%4,D,0=$ ;67" )&’(<=>"
1%2-./0 $’S0+484-+,0=’ %’%/8,0=’
#@A,&’(!BCDE#F /"
&%5678
&’()/<,@4-+)46*8+)4-+68/3-9)//<$ !"#$,FGH" 0IJGHKL!M9@
!"#$=&’(!)&’(*+?-./" &’H78A8,-,0=’
$’C*3,0=’ %’O,0=<,0=’ &’./01’ ANO82P4QR!)STU,R" GH<=>"
01)./234$#%#&5-67869,-: &%5678
’’()*+,-+)4A/--,:<484<*+,/0-),A :4+5440 +)4+5/
;67" )&’(<=>" !"#$,FGH" 0IJGHKL!M9@ *6(’’78%),9+:
-A4*;48-$
#@A,&’(!BCDE#F /"
ANO82P4QR!)STU,R" GH<=>"
$’J/+)48*0> -/0’
.,34 R0 !&’;#$-+:’
&’()*+2-G/)0 +*<;,0=*:/7+$ !"#$%&’ &()*+,-.+/) %’C/9+/8*0> A*+,40+’ X%## & 344+A*840+-*++)44*-+=*+4/6
$’HA*94+8*@4<’ %’?,-68,40>’ ?/5+/=/ %1!&’012’ &’&/*9) *0> A<*148’ +)4-9)//<’
.4*9)48-
()40 *0> 5)484+/ $+4,=)++/3/88/53/80,0=’ #@A,&’(!BCDK E!# /"
&’$9*8+//0’ X%!U & !’’7)+-A*840+-+/@,-,++)4
344+ $++)4-9)//<!’’3+&)’ (’()*+>/4-L8*0; +),0; /6),--9)//<<,64$
’’()/,-I8,9$ 9<*--8//3-’
$’S+2-84<*N,0=’
H/34 :84*>! 3,<; *0>
$’J,;42-68,40>’ %’&<*842-9<*--3*+4’ !#%## & <//; *++)49<*--A8/D49+-,0 +)4
()*+6/8<709) %’S+2-670’
!(’4#1$&’
&’G/)02-9<*--3*+4’ )*<<’
&’S+2-4N9,+,0=’
#@A,&’(!BCDK E!# /" ()*++/>/ B<*1 =*34-*0> !)’ #$-) )’()1>/4-L8*0; D/,0 +)4?,-+/81&<7:$ B*840+- !"%## & )*@4<709) *0> *!(’0#)+/’
(’?/5</0=5,<<+)4=//> 54*+)48<*-+$ 9*34<-’ $’%49*7-4)4,-=//> *+),-+/81’ !T%T# & @,-,++)4<,:8*81*0> +)4045
$’L/8*544;’ %’L/8+)844>*1-’ $+ "*’ 4$5) +/3/88/5 %’%49*7-4)4<,;4-,0+484-+,0=),-+/81-+/8,4-’ !)’7+0<7+0’#+&’#:’
()40 +/9/34:*9;
*6+480//0’ &’%49*7-4)45*0+-+/<4*80 3/84*:/7+&),0*’ !Y%T# & 40D/1*"*’2(’=’
&’L/8+5/>*1-’
!)
书书书*" #$%&’( * !"#$%& +" #$%&’( + !"#$%&
!"!#$%&’"()’! *#+"# *$ )’()484,-C*0,4<2-045)/7-4$ !"!#$%&’"()’! *#+"# *$ !*’?/55,<<+)45/3*0 =4++)484$
$%,-./0 $’P4N++/*6*9+/81’ %’P4*8*<*;4’ $%,-./0 $’%19*8’ %’%1:7-’
!"#$%&’(!)&’(*+ &’P4*8),-/66,94’ !"#$%&’(!)&’(*+ &’R0 6//+’
,-./" 01)./234 $#%#& !*’()*+>/4-C*0,4<+),0; /6),-04504,=):/78-$ ,-./" 01)./234 $#%#& 3%,4/0
5-67869,-:;67" )&’ 5-67869,-:;67" )&’ !"#$,FGH!GH*+%-./" 0I
$’P/,-1’ %’J4*0’ &’?4<A67<’
(<=>" !"#$ (<=>" !"#$ JGHKL!1)./234 $#%#&5-678
3%,4/0
!’?/59*0 +)43*0 A*1+)4:,<<+/>*1$
!’?/5>/4-+)45/3*0 ;0/5*:/7++)4!"#$%"&’!" 69,-:;67" GH<=>"
!"#$,FGH!GH*+%-./" 0I
-A*94-),A$ !!’()40 >/4-+)4-A4*;48=,@4+),-+*<;$
JGHKL!1)./234 $#%#&5-678
$’S0 +)43/80,0=’
$’ ZZ%’ ZZ&’
69,-:;67" GH<=>"
%’S0 +)4*6+480//0’
"’()*+-,=0 >,>02++)43*0 -44$
!!’()40 >,> +)4-A4*;48@,-,+],*0=1*0=6/8+)46,8-+ &’S0 +)44@40,0=’
Z Z
+,34$ !"’()1>/4-+)4-A4*;48=,@4+)4+*<;$
$’ %’ &’
$’Y 14*8-*=/’ %’U 14*8-*=/’ $’./+4<<5)*++/+*;46/8:,919<4+/78-’
"’(),9) A)/+/*84+)4-A4*;48-+*<;,0=*:/7+$
$’ Z%’ Z&’
&’E 14*8-*=/’ %’./=,@4-/34*>@,94/0 :,919<4+/78-’
#’()484>/4-+)49/0@48-*+,/0 A8/:*:<1+*;4A<*94$
&’./4NA<*,0 +)4*>@*0+*=4-/6:,919<4+/78-’
!"’()*+-7:D49+>/+)49/7A<4+4*9) ,0 +)4-40,/8
$’S0 *<,:8*81’ %’S0 *:*0;’ &’R0 *:7-’
!#’()*+,-+)43/-+,3A/8+*0++),0=6/8:,919<4+/78-$
),=) -9)//<$
$’(),9) -4*-/0 9*0 ,+:4$
Z Z $’(*+48’ %’H*64+1’
$’&),04-4’%’I0=<,-)’ &’L8409)’
$’H73348’ %’$7+730’ &’(,0+48’
$’ %’ &’ &’V/*>-’
!#’?/5>,> +)4-A4*;48=4++/],*0=1*0=<*-+14*8$ %’()*++,34,-,+0/5$
#’()*+>,> +)4:/12-6*+)48>/:46/84$ !$’()*+9/</78,-+)4:4-++/54*86/88,>,0=$
$’%19*8’ %’%1+8*,0’ &’%1A<*04’ $’!!%YK’ %’!!%U"’ &’!"%#"’
$’$+4*9)48’ %’$-5,3348’ $’Q4<</5’ %’(),+4’
!$’?/5/<> ,-+)48*,<5*1*0> 8/*> :8,>=4$ 1%2-./0
&’$-;*+48’ &’M841’
ZZ!"#$=&’(!)&’(*+?-./"
$’$:/7+F# 14*8-/<>’
$’?/5</0=)*@402++)4+5/-A4*;48--440 4*9) /+)48$ !%’()*+-)/7<> *A48-/0 +*;4,6)4,-=/,0=+/+8*@4<
01)./234$#%#&5-67869,-:
$’L/8+5/14*8-’ %’L/8+40 14*8-’ %’$:/7+U# 14*8-/<>’ :1:,;4,0 5,0+48$
;67" )&’(<=>"
&’L/8+540+114*8-’ &’$:/7+T# 14*8-/<>’ $’B<40+1/65*+48’
#@A,&’(!BCDE#F /"
%’()*+>,> %,<<7-4+/:4<,;4$ !%’()*+>/4-+)4-A4*;48+),0; /6L40=9)7 %8,>=4$ %’H/345*839</+)4-’
&’()/3>,> +)4:/15*0++/=/-5,33,0=5,+)$
$’H)1*0> 68,40><1’ $’.)43/-+3/>480’ $’?,-3/+)48’ %’?,-6*+)48’ &’H/3434>,9,04’
%’[,0> *0> \7,4+’ %’.)43/-+4NA40-,@4’ &’?,-68,40>-’ &%5678
&’H)1*0> \7,4+’ &’.)43/-+5/0>4867<’ ’’()*+5,<<+)4:/1>/6,0*<<1$ !"#$,FGH" 0IJGHKL!M9@A
1%2-./0 $’M/+/+)49/70+81-,>4’ NO82P4QR!)STU,R" GH<=>"
&%5678
!"#$=&’(!)&’(*+?-./" %’M/-5,33,0=’
!"#$,FGH" 0IJGHKL!M9@ !,)?%)#$),6)’4=+&6($,3 + >’5$)
01)./234$#%#&5-67869,-: &’?*0=/7+’
ANO82P4QR!)STU,R" GH<=>" .,34 O*-+544;40>’
;67" )&’(<=>" #@A,&’(!BCDK E!# /"
#@A,&’(!BCDE#F /" !2%)6$+7)5),& (’()484>/4-+)45/3*0 5*0++/=/$ I@40+ S540++/+)49,043*5,+) 31!&’4#$),-2’
&’?/5,-+)484-+*78*0+$ $’./&,+1J*<<’ %’./M8440 %*0;’
B<*94 S0 +)4!&’)+2&/6S0>,*’ H/34A4/A<4+)4843*>434644<@481
$’.)4-48@,94,-:*>’ &’./B*0>*%*0;’ V4-7<+
!’’1,(+%%:’
%’.)46//> ,-4NA40-,@4’ .8*0-A/8+ I*9)!’’&)+>)*> *9*8’ )’(),9) /04,-+)48,=)+3*A$
&’.)440@,8/0340+,-9/36/8+*:<4’ !$645=71-5484+*<;,0=</7><1*0> 4@40
’’()40 5,<<H*<<1*0> J,;4=/+/+)484-+*78*0+$ .)417-4> *!(’=)02$&)+/*-; 6/8
!(’2(’1&$,3’
&*7-4-
$’P4N+L8,>*1’ %’P4N+H*+78>*1’ >/0*+,/0-’
!H/34A4/A<4+)845*5*1A<*-+,9:*=-!
$9+,@,+,4-
&’P4N+H70>*1’ .)41)*> *!)’4’’&0+773*+9) 5,+) $’ Z%’ !)’%+%)#*0> /+)4887::,-)’
#@A,&’(!BCDK E!# /"
+)4</9*<A4/A<4’
(’()40 >,> C*0,4<3/@4+/),-045)/7-4$ $<</67-*84-7AA/-4> +//:41+)487<4-,0
$>@,94
$’O*-+544;’ %’O*-+3/0+)’ "*’;))7$,32 W06/8=4++*:<4*0> 670’ "*’%107$6A<*94-’
&’O*-+14*8’ &’
"*," #$%&’( , !"#$%& -" #$%&’( - !"#$%&
!"!#$%&’"()’! *#+"# *$ !*’()*+4N489,-4>/4-+)45/3*0 *>@,-4$ !"!#$%&’"()’!*#+"#*$ !*’()*+9*0 54=4+68/3+)49/0@48-*+,/0$
$%,-./0 $’(*<;,0=’ %’V700,0=’ $%,-./0 $’$<,94,-@481:7-1+/>*1’
!"#$%&’(!)&’(*+
&’V,>,0=’ !"#$%&’(!)&’(*+
%’$<,94*0> J,;4*849<*--3*+4-’
,-./" 01)./234 $#%#&
3%,4/0 ,-./" 01)./234 $#%#&
&’$<,945/02+:8,0=*=,6++/+)4A*8+1’
5-67869,-:;67" )&
!"#$,FGH!GH*+%-./" 0I 5-67869,-:;67" )&’ 3%,4/0
’(<=>"
!’()*+-A/8+>/4-M4/8=4<,;4$
!"#$ JGHKL!1)./234 $#%#&5-678 (<=>"
!"#$ !"#$,FGH!GH*+%-./" 0I
!’()*+>/4-+)43*0 5*0++/)*@4$
69,-:;67" GH<=>"
JGHKL!1)./234 $#%#&5-678
!!’()484>,> +)4-+/81+*;4A<*94$
69,-:;67" GH<=>"
$’S0 *-9)//<’ %’S0 *)/+4<’
!!’()*+>/+)41)/<> +)4A*8+16/8$
$’ Z %’ Z&’
&’S0 *9/3370,+1’
$’./94<4:8*+4%,<<2-:,8+)>*1’
"’?/5>/4-O,0>*=/+/-9)//<$ $’ %’ &’
!"’()19/7<>02+J8-(*0==4+/7+/6+)4;,+9)40 :1
"’(),9) A,9+784*84+)4-A4*;48-+*<;,0=*:/7+$ %’./94<4:8*+4+)4=8*>7*+,/0’
)48-4<6$
&’./)*@4*6*3,<1=4+^+/=4+)48’
$’ Z %’ &’ $’%49*7-4)48<46+<4=5*-)78+’ !"’()*++,345,<<+)4=74-+-*88,@4*++)4A*8+1$
#’()*+2-+)4>/9+/82-*>@,94$ %’%49*7-4+)4-3/;45*-)4*@1’ $’ %’ &’
$’$+E%!U’ %’$+E%T#’
$’.*;,0=3/844N489,-4’Z%’.*;,0=-/3434>,9,04’ &’%49*7-4+)4;,+9)40 5*-</9;4>’ #’?/5/6+40 >/4-+)43*0 )*@4@4=4+*:<4-$
&’$+F%##’
&’C8,0;,0=-/343,<;’ !#’()*+>,> O,.*/>/,0 J8-(*0=2-:*+)8//3$ $’I@481+)844>*1-’
!#’()*+37-,9>/4-J*8,*+),0; ,-+)4:4-+6/8+)4
$’()*+>,> +)45/3*0 -44$ %’I@481+5/>*1-’
$’?4:*0>*=4> J8-(*0=2-<46+<4=’
A*8+1$
$’$3/@,4’ %’$A8/=8*334’ &’I@481>*1’
%’?4A/784> 5*+48/@48),-9</+)4-’
$’B/A 37-,9’ %’&/70+8137-,9’
&’$0 *99,>40+’ $’()40 ,-+)4A*8+1$
&’?45*-)4> 9</+)4-6/8J8-(*0=’
&’G*__’
%’?/5>,> +)4*99,>40+)*AA40$ $’S0 +)4*6+480//0’
!$’?/5</0=>,> O,.*/-+*1,0 )/-A,+*<*6+48+)46,84$
!$’()*+5,<<%4++1:8,0=+/+)4A*8+1$
$’.)4>8,@48>8/@4+//6*-+’ %’P4N+4@40,0=’
$’L/8" >*1-’ %’L/8!" >*1-’
%’.)4>8,@485*-+,84> *0> -<44A1’ $’H/34,94984*3’ %’H/349*;4-’
&’S0 +)844>*1-’
&’L/8!Y >*1-’
&’.)4>8,@48+*<;4> /0 ),-A)/045),<4>8,@,0=’ &’H/34>8,0;-’
%’()484,-A8/:*:<1+)45/3*0$
1%2-./0 !%’()*+>/A4/A<4+),0; /6O,.*/$ !%’()*+,-+)4A)/04073:48/6J8%<*9;$
$’S0 *0 /66,94’
!"#$=&’(!)&’(*+?-./" $’?4,-)/04-+’ %’?4,-:8*@4’ %’S0 *;,+9)40’ $’EYTTE"F’ %’EYT"TFE’
01)./234$#%#&5-67869,-: &’?4,--,<<1’
&’S0 *9<*--8//3’ &’EYUU"EF’
;67" )&’(<=>" &%5678
1%2-./0 &%5678
#@A,&’(!BCDE#F /"
!"#$,FGH" 0IJGHKL!M9@
!"#$=&’(!)&’(*+?-./" !"#$,FGH" 0IJGHKL!M9@
&’()484>/4-G,3/6+40 4N489,-4$
ANO82P4QR!)STU,R" GH<=>" 01)./234$#%#&5-67869,-:
$’S0 +)4-9)//<A<*1=8/70>’ ANO82P4QR!)STU,R" GH<=>"
9+,@22)74A$,&#’-16&$’, ;67" )&’(<=>"
%’S0 +)4A*8;’
#@A,&’(!BCDE#F /" "+07)>+,,)#2
&’S0 +)4-A/8+-940+84’ M4+7A *+U /29</9; *0> =/+/+)4!&’%’’7’
&’()*+6//> >/4-C*,-1<,;4$
’’()*++,34>/4-G,3344+),-9<7: 343:48-4@481 C/02+A7+9)44-4/0 +)4+/A /61/78A,__*’
!’’*=$>68/3E /29</9; +/K /29</9;’ $’&),9;40’ZZ%’L,-)Z’ZZ&’I==-’
H70>*13/80,0=$ P4@48*-; 6/89)44-4,6,+2-0/+!&’’44)#)-’
C*,<1<,64 ’’()*+*84+)4-A4*;48-=/,0=+/>/$ S+*<1
$’$+X%T#’ %’$+K%T#’ HA40> )/78--+7>1,0=5,+) 9<*--3*+4-’ $6+481/7 )*@44*+40 34*+! 1/72> :4++48
$’&//; >,0048’ %’M/-)/AA,0=’
&’$+F%T#’ 0/+*-; 6/8!’’>$7/’
M/+/+)4=13/8=/!(’’,7$,)+/84<*N’ &’R8>48>,-)4-’
#@A,&’(!BCDK E!# /"
$88,@4/0 +,34’
#@A,&’(!BCDK E!# /"
(’()*+2-+)4 A8/:*:<4 84<*+,/0-),A :4+5440 +)4
R7+>//8 .8*@4<*0> 3*;43*0168,40>-5)/)*@4
C/02+ 9,89<4 1/78 A<*+4 5,+) 1/78
(’()4845,<<+)41)*@4+)4A*8+1$
-A4*;48-$ *9+,@,+,4-+)4-*34!)’$,&)#)2&’
!(’+#>2’
$’C/9+/8*0> A*+,40+’ %’.4*9)48*0> -+7>40+’ $’S0 +)4A*8;’ %’S0 +)4)/+4<’
&’J*0*=48*0> 97-+/348’ V4*> & 0/+34*0-84*>,0= ,0 +)4 &’$+)/34’
$348,9*C/02+-*1! ‘S23!)’4177’‘G7-+A7++)4
)’()*+>/4-+)43*0 -A40> +//379) /6),-+,34 B48-/0*<"*’67+22#’’>/0<1’ )’()1>/+)41)*@4+)4A*8+1$ 6/8; *0> ;0,64*98/--+)4A<*+4’
C/02+ 84*9) *98/-- +)4 +*:<4 6/8
>/,0=$ )/::1 S+)4<A-+/;0/5+)45/8<>*0>70>48-+*0>84*< $’%49*7-4$<,946,0,-)4> )489/78-4-’
$’(/8;,0=’ %’H<44A,0=’ <,64’ %’%49*7-4J,;42--,-+48)*-*045:*:1’ "*’+,:&($,3’
&’B<*1,0=+)49/3A7+48’ &’%49*7-4$<,942-6*3,<1,-9/3,0=/@48’
"!." #$%&’( . !"#$%& /" #$%&’( / !"#$%&
!"!#$%&’"()’!*#+"#*$ %’H/34+,34--)49*02+70>48-+*0> +)46,<3-’ !"!#$%&’"()’! *#+"# *$
)’()*+,-J,9)*4<2-A<*0$
$%,-./0 &’H/34+,34--)49*02+A8/0/7094+)45/8>- $%,-./0
$’H40>,0=*-A49,*<=,6+’
!"#$%&’(!)&’(*+ 9<4*8<1’ !"#$%&’(!)&’(*+
%’?*@,0=*=84*+A*8+1’
,-./" 01)./234 $#%#& 3%,4/0 ,-./" 01)./234 $#%#&
&’J*;,0=*5/0>4867<-A449)’
5-67869,-:;67" )&’ !"#$,FGH!GH*+%-./" 0I
5-67869,-:;67" )&’
(<=>" !"#$ JGHKL!1)./234 $#%#&5-678 (<=>" !"#$ !*’()484,-J*8,*=/,0=+/58,+4)485,-)4-$
!’()*+>/4-?4<402-3/+)48>/$ 69,-:;67" GH<=>" $’R0 +)49*8>-’
!’()484>/+)43*02--+7>40+-/6+40 =/*+544;40>-$
!!’?/5</0=>,> +)49/3A4+,+,/0 <*-+$ %’R0 +)4://;-’
$’L/8+5/>*1-’ %’L/8+)844>*1-’ &’R0 +)4A)/+/-’
&’L/86,@4>*1-’ $’ %’ &’ 3%,4/0
$’ ZZ%’ ZZ&’
!"’()15*-O,?7*048@/7-:46/84+)49/3A4+,+,/0$
"’()*+>/4-$<,945*0++/:4,0 +)467+784$ !"#$,FGH!GH*+%-./" 0I
"’?/5>/4-+)4=,8<<4*80 I0=<,-) 4@481>*1$
$’%49*7-4)4>,>02+-<44A 54<<’
JGHKL!1)./234 $#%#&5-678
%’%49*7-4)4>,>02+)*@440/7=) +,34’
69,-:;67" GH<=>"
&’%49*7-4)4>,>02+;0/5)/5+/A84A*846/8,+’
!!’()40 >,> +)46//+:*<<-4*-/0 :4=,0$
$’ %’ &’ !#’()/=*@4O,?7**-7==4-+,/0 :46/84+)49/3A4+,+,/0$
$’ %’ Z&’
$’S0 L4:87*81’
#’()*+<*0=7*=49*0 I8,9-A4*;$
$’?,-3/+)48’ %’?,-9<*--3*+4’
#’()40 >/4-O791)*@4*8+<4--/0-$
$’G*A*04-4’ %’L8409)’ &’I0=<,-)’ %’S0 J*89)’
&’?,-+4*9)48’
$’R0 .74->*1’ZZZZ%’R0 (4>04->*1’
$’()*+>/4-+)43*0 5*0++/:71$ &’S0 $A8,<’
!$’()484>,> O,?7*=4+,06/83*+,/0 6/8),--A449)$
&’R0 .)78->*1’
$’$://; /0 ),-+/81’
$’R0 ),-A)/04’ %’R0 +)4S0+4804+’ !"’()*+5*-P*0912-*>@*0+*=4$
%’$0 I0=<,-) >,9+,/0*81’ $’()*+,-J*812->84*3D/:$
&’S0 -/34://;-’ $’H)43/@4> @481\7,9;<1’
&’$://; /0 I0=<,-) 58,+,0=’ $’$-,0=48’ %’$>*0948’ &’$0 *9+84--’
!%’?/5>,> O,?7*644<*:/7++)484-7<+/6+)4 %’H)4A*--4> +)4:*<<54<<’
%’?/5>/4-J*8; 644<$ %’()*+5,<<+)4=,8<3/-+A8/:*:<1>/+),-4@40,0=$
9/3A4+,+,/0$ &’H)45*-=//> *+-9/8,0=’
$’(/88,4>’ %’IN9,+4>’ &’%/84>’
$’(/8; /0 )48A8/D49+’
1%2-./0 $’H78A8,-4>’ %’B8/7>’ &’?*AA1’ !#’()/5*-+)4<4*>48/6+)4=,8<-26//+:*<<+4*3$
%’M/+/+)4-9)//<>*094’
&%5678
!"#$=&’(!)&’(*+?-./" $’P*091’ %’%4++1’ &’$31’
&’.*;4*A)1-,9-4N*3’
01)./234$#%#&5-67869,-: !"#$,FGH" 0IJGHKL!M9@ !$’()*+3*>4+)46,0*<>,66,97<+6/8+)4:/1-$
;67" )&’(<=>" ANO82P4QR!)STU,R" GH<=>" 1%2-./0
$’.)4<4*>482--,9;04--’
#@A,&’(!BCDE#F /" !"#$=&’(!)&’(*+?-./"
" J/84+)*0 T# 3,<<,/0 6/84,=048-! %’.)4A//854*+)489/0>,+,/0-’
&’()*+2-+)4A/--,:<484<*+,/0-),A :4+5440 G4001*0> 01)./234$#%#&5-67869,-:
H,+7*+,/0 ,09<7>,0=!&’6($7-#),*0> *>7<+-*8/70>
&’.)4A<*148-2*567<-;,<<-’
.,3$
+)45/8<>! *84<4*80,0=&),04-4’
;67" )&’(<=>"
$’H+8*0=48-’ %’&<*--3*+4-’&’(/8;3*+4-’ !%’?/5>/4-+)45)/<4-9)//<644<,0 +)440>$
#@A,&’(!BCDE#F /"
’’?/5>/4-G4001A8*9+,-4)48-A/;40 I0=<,-)$ ".)484*843*01!’’6(+,6)2 $’B8/7>’ %’H/881’ &’L844’
&’()/+*7=)+J*8; &),04-4$
$’%15*+9),0=3/@,4-’ 6/8),3+/+*<; 5,+) +)4&),04-4 &%5678
C*@,> $’?,-373’ %’?,-9/7-,0’&’?,-=8*0>3*’
%’%1-,0=,0=-/0=-’ /8!(’#)+-43*,<-,0 &),04-4*+
!"#$,FGH" 0IJGHKL!M9@
’’?/5</0=5,<<J*8; 5/8; ,0 (*-),0=+/0 C’&’$
&’%1+*;,0=*6+48^-9)//<9<*--4-’ 5/8;’
ANO82P4QR!)STU,R" GH<
#@A,&’(!BCDK E!# /" $’L/8*:/7+/0414*8’
(’()484>,> J*815*+9) *0 I0=<,-) 3/@,4D7-+0/5$ " ?4 :49*34 ,0+484-+4> ,0 %’L/8*:/7++5/14*8-’
=>"
$’$+)48)/34’ZZZ%’S0 +)4<,:8*81’ V4*-/0- &),04-4!)’617&1#) *0> 5*- &’L/8*:/7++)84414*8-’ B’=&’ -)+7=$&(>: 12)-!&C26(’’7&($,32
%/:
&’$++)49,043*’ *3*_4> 5)40 )46,8-+5*+9)4> +)4
#@A,&’(!BCDK E!# /"
.4N+://;- M,@40 +/311/70=48!’’2$2&)#’
)’?/53*01I0=<,-) 3/@,4-)*-J*815*+9)4> -/6*8$ %4,D,0=RA48*+5/14*8-*=/’
(’()1>/4-J*8,*644<-*>$
$’O4--+)*0 E#’ %’J/84+)*0 K#’ B,9+784://;- H/<> *+*!(’7’=A8,94’
" &),0* ,- :49/3,0=
$’%49*7-4-)46*,<4> +)44N*3’
&’$:/7+F#’
"*’2&#’,3)#*0> \7,+4*</+/6 W-4> A*A48 !)’"+/),+/+)45*-+4940+84’
!*’()*+A8/:<43>/4-J*81-+,<<)*@4,0 I0=<,-)$ O,-* %’%49*7-4-)4)*-+/-*1=//>:14+/)489<*--3*+4-’
A4/A<45*0++/;0/53/84*:/7+
$’H/34+,34--)49*02+7-4=8*33*8,0 +)4 &’%49*7-4-)4)*-02+-440 )48A*840+-6/8*</0= P/+4://;- [4A+6/8"*’>:2)74’
&),0*’
8,=)+5*1’ +,34’
""