#*%.,+.62062-*--.1=524-*--.5*6;.-=5+:.-.8*,2.6,2*;787:B7D6S@

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

"+#"

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

#*%.,?;>>A@7E6767@3D;AE);G@67@3D;A7D37>67G@A4D7DA3>6Q3CG;7D7675;DCG7 3 D3LS@ 67 E7;E 67@3D;AE BAD E7?3@3 @757E;F3DQ3 7> E3>3D;A 67 G@ A4D7DA6GD3@F7 ?;> E7?3@3E @757E;F3DQ3 6;75;A5:A 3RAE B3D3 B393D >3 67G63 X'GPE;7DHA7D37>CG7BG6;7D33BA67D3E767E7?77K>A7D37@7875FAB7DA7>E;7DHABA6DQ3?GK4;7@E7DG@9A47D@36AD67G@3BDAH;@5;367>D7;@A5A@>ACG7:357H7DAEQ?;>;@5>GEA>3;>GEFD35;S@"ACG7 7E 7H;67@F7 7E CG7 @A F7@Q3 BAE;4;>;636 3>9G@3 67 B393D >3 67G63 5A@ EGFD343

@9:,*535456;+56(.(858+,4C9;9,B583D67>3AD;EFABD;?7DA67;@6;53F;HA7@HAL35F;H367>H7D4A& ' 012H7D4A:34;FG3>7@7>$G7HA*7EF3?7@FA B3D35*6-*: 3CGQ 5A?A5*6-G0%/*)* &01-$*9=. .4 ;.F7:674;7@6A 7@F7@67DE7 CG7 8G7 7> E7RAD 7E 675;D 7> D7K CG7 ?3@6S CG7 +-,#)$3AD;EFA BD;?7DA 67 ;@8;@;F;HA 7@ HAL B3E;H3 67> H7D4A+$+-1.&2 >.6-.: 3CGQ 5A?A/=.;.>.6-2-7&$/#)"0)$&&$// 1&)&$@4*5=3.:@47;1237;@+1)/8AD?3 67> 36?7@F7 36H7D4;A D7>3F;HA 6753@F;636*6.CG77CG;H3>73,=*63D67>BD7E7@F767;@6;53F;HA 7@ HAL 35F;H3 67> H7D4A 2 GF3FAF3>;636;636 B3D3 :357D>A BAD B3DF767>67G6AD7D3AFD3D73>;636(# *)/* 0%/*0%+**0)$6735AEFG?4D7K>7K7E677@FA@57E7>35D776ADF7@Q367D75:A3H7@67D5A?A7E5>3HA3>67G6AD %& 1' 0. )0%/*)*&01-$*+-,#)$ 3 FA63EG83?;>;3&$/#)"0)$&&$// 1&);=

"+#"

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

#AD3>?7@F77>B7536A36CG;7D7F3?4;P@G@36;?7@E;S@;@8;@;F3BADCG7E7FD3F367G@3355;S@H;>5A@FD37>)7D34EA>GF3?7@F7@A4>7"35;8D3676;7L?;>F3>7@FAE 7@ >3 B3DO4A>3 @A ?3D53 G@ >Q?;F7 67 67G63 E;@A CG7 E;?4A>;L3 >36;?7@E;S@67>3?;E?3CG7@;@9T@E7D:G?3@ABA6DOB393D E3>?;EF3 O7; 9=. ,76/E*6 .6 ;=; +2.6.; @ -. 4* 5=,1.-=5+:. -. ;=;:29=.A*; ;. 3*,"367G637EF3@9D3@67CG7FA6AEEA?AE;@53B357E5A?A7>67G6AD67 >3B3DO4A>33EQ7EF3?AE67>3@F767;AEO 7

#*%.,+ .2)*0)**0'*+-*. &01) $0%/2' 1"2)(&-*,01(#.*)3K7@6ABG7E7>E;7DHAE7BAEFD3433@F7P>6;5;7@6A*7@B35;7@5;3 %+9 %(*$1&$+1)/%+*21.2.*$5A@?;9AKFA6AB393DPF7$AF3EEA4D77>F7JFA9D;79A"3 E7@F7@5;3 6;5F363 EA4D7 7> 67G6AD 7E D75GDD;63 3B7>3@6A 3 >3?;E7D;5AD6;3+ .2)53EA@A?;@3F;HA?3E5G>;@AE;@9G>3D5A@7>B3DF;5;B;A3AD;EFAE79G@6A7@HAL35F;H367>H7D4A +$1+/2 ,*.: 3CGQ 5A?A ,*@.6-7 E79G;6A 67 >3 5A@E7RAD67>E;7DHA3CG7>EA>FS>7K

"+#"

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

#*%.,B7DEA@3 67 EG ;AE B7D6;6AE 3>53@LO@6A>AE 7@ EG ?;E7D;3 KD7EF3GDO@6A>AE3G@3BAE;5;S@6747@6;5;S@KE79GD;6367F7D@3E

,859(20,4+5(7;,290,875;7@67@3D;AEK393DD3@6A>73:A93436;5;7@6A%+*1* $/$*%! $1' $B393E;CG76747E$AF3EEA4D77>F7JFA9D;79A> H7DEQ5G>A D75A97 >3 D7355;S@ 67> 67G6AD B7D6A@36A %3 ',2) 53EA @A?;@3F;HAE;@9G>3D ?3E5G>;@A 5A@ 7> B3DF;5;B;A 3AD;EFA E79G@6A 7@ HAL 35F;H3 67> H7D4A %3 !-*($$ 5A@ G@ 3?B>;A E;9@;8;536A 3CGQ 5A@ 7> 67 ;*42: 5A?A ;*42-7 ,=*6-7;*42GE;9G75A?A7EBDAB;A7@9D;79A>3B3DFQ5G>3 CG73CGQE7FD36G575A?A5*;A *0'* 7> E;7DHA 5A@ 7> BDA@A?4D7 67?AEFD3F;HA %& $)* *9=.4 7@ G@;S@ 5A@ G@EGEF3@F;HA 7EF7 BDA@A?4D7 E7 D78;7D7 3 B7DEA@3E A 5AE3E 43EF3@F7 3>73E CG7 K3 E7 :34Q3 :34>36A 3@F7E 7@ 7> 5A@F7JFA 67>7@G@5;36A5A?A7E7EF753EA 07- ) F7D57D3B7DEA@3E;@9G>3D67>3AD;EFAE79G@6A67;@6;53F;HA7@HAL35F;H367>H7D4A 0-$1.&21*44*:3CGQ5A?A1*44G 6)/2)*=67-.47;.0)*01'2)EGEF3@F;HACG767@AF35A?B3R7DA67E7DH;5;A673:Q,76;2.:>767P> E79G;6A 67> BDA@A?4D7 D7>3F;HA *8 .4 9=. 3CGQ FD36G5;6A 5A?A 9=. 2! $' )F7D57D3B7DEA@3E;@9G>3D67> ;?B7D875FA67;@6;53F;HA7@HAL35F;H367>H7D4A*! $'2-.+.: 3CGQ 5A?A-.+E*0%/2 &/*)#)1-$,2.6-.6*:27; K&-/#1. 53EA@A?;@3F;HA?3E5G>;@AE;@9G>3D5A@7>B3DF;5;B;A3AD;EFABD;?7DA7@HAL35F;H367>H7D4A&-/ 12 H;@5G>36A5A@;.: /=.:3 ;67367*/.::*:*;2: ;=3.F;?37JBD7E;S@BG767E7DF3@FA8C0*5.;25.-.+.;A8C0*5.479=.5.-.+.;;@5>GEABA6DQ3FD36G5;DE75A?A;2-.+.;*407M8*0* D7@F7 3 >3 5A?B3E;S@ 67> D7K 7EFO >3 83>F3 67 ?;E7D;5AD6;3 67> E;7DHAB7D6A@36A %3 ',2) **0'* %& $)*E3>;S67>3BD7E7@5;367>35D776AD5A@ >3 67G63 53@57>363 K 7@ >;47DF36 5G3@6A 7@ 67D75:A 674Q3 :347D E;6AH7@6;6AB3D3B393D >ACG7674Q3+@.0)*01'2)0%/*0 ,76;2.:>7 EGKA F3>H7L G@ B7CG7RA A8;5;3> 7@ 7> D7;@A F7@;7@6A 7@ 5G7@F3 >3 67G63 CG7 F7@Q3

"+#"

5A@FD3Q632! $' )0%/2 &/*)#)1-$ >7674Q3 >3B7CG7R353@F;636675;7@67@3D;AEG@367G63?Q@;?35A?B3D3635A@>AE6;7L?;>F3>7@FAECG73CG7>674Q3 3 EG E7RAD EF3 67G63 7D3 7> 7CG;H3>7@F7 5;7@ 6Q3E 67 E3>3D;A 67 G@FD343"383>F367?;E7D;5AD6;3E7:3577H;67@F73FDAB7>>3@6A3>67G6AD&$&-/#1.0%/*) +)$" )FD343@6A67P>BAD7>5G7>>A67F3>8AD?3CG7 >73:A9343"35DG7>6367@7> FD3FA5A?7@LS3@F7E67D75>3?3D>7 >367G63 7@ 8AD?3 4DGF3> K E7H7D3 "3 67G63 7D3 B7CG7R3 EA4D7 FA6A 7@5A?B3D35;S@5A@>37@AD?;63667>367G63CG7>7:34Q3E;6AB7D6A@3633@F7E&3D757 E7D CG7 >3 >7K DA?3@3 B7D?;FQ3 3 G@ 35D776AD FD343D 67 G@ 67G6AD K3DD3EFD3D>A :3EF3 BA@7D>A 67>3@F7 67> 9G@AE 7E5D;FAD7E DA?3@AE :357@D787D7@5;33EGE7E5D;FAE673>9G@AE35D776AD7ECG7D7FAD5Q3@7>5G7>>A3>67G6AD67F3>?3@7D3CG7>>79343@3E3@9D3DBAD>34A53K>3E@3D;57E)ADBD7@677>FD3FACG77> 35D776AD F7@Q3B3D35A@ EG5A@E;7DHA EA4D7 FA6A F7@;7@6A7@5G7@F3 >A?G5:ACG7>7:34Q3E;6AB7D6A@36A3P>);@?;E7D;5AD6;33>9G@3>7D75>3?3437>B39A67>367G63%+*1* $/$*%! $1' $8*0*479=.-.+.;);:G4;7D3E;6A3DDA3 5OD57> A H7@6;6A 5A?A 7E5>3HA E;@?;E7D;5AD6;3 3 EG DG79A 675>7?7@5;3F3>H7LBG6;7D37EF3D6;E5G>B36AG@BA5A67EG53DO5F7DH;A>7@FAB7DA@G@537@G@3E;FG35;S@E7?77-. D4+- &1' $ F7D57D3 B7DEA@3 E;@9G>3D 67> ;?B7D875FA 67 ;@6;53F;HA 7@HAL35F;H367>H7D4A+-&' 123CGQ7@>3357B5;S@67:70*:5A?A:70*+*0%/*)4. ' 1"2)B3DF;5;B;ABD7E7@F77@HAL35F;H367>H7D4A' 1"27CG;H3>7@F73-.,2:3CGQ5A?A -2,2.6-7 (&-*,01(#.*) E79G@63 B7DEA@3 E;@9G>3D 67> 3AD;EFA BD;?7DA 67;?B7D3F;HA 7@ HAL 35F;H3 67> H7D4A (&-*,0( 12 ;F7D3>?7@F7 ;.:4760C625.3CGQ5A?A 3BD7BAE;5;S@ +9 8AD?3CG736ABF3 %+$1 BAD 7>;E;S@ 67 >3 $ 8;@3> 3@F7 HA53> CG7 E;9@;8;5387: 5A@ 7> BDA@A?4D7 B7DEA@3> %(*$1 -. 5E CG7 G@;6AE 8AD?3@ 7@ 53EF7>>3@A 7> BDA@A?4D7 B7DEA@3> ,765207 K@G7H3?7@F7+1)/3D67>8GFGDA67;@6;53F;HA7@ HAL 35F;H3 67> H7D4A%+*$12($ 8*0*: 3CGQ 5A?A 8*0*:D 5A@5>GK7@6A 5A@ 7>BDA@A?4D7B7DEA@3>.*$

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

"+#"

A@G@3@AF34>74D7H7636#3F7A67E5D;47>37E57@3CG7D75A97>3355;S@67 D7EBG7EF3 67> 35D776AD 3@F7 7> 67G6AD CG7 ;?B>AD343 ?;E7D;5AD6;3A@FG@67@F7?7@F75A@G@@A7@8OF;5A6;57CG7679=2;7* *0%, ' )7E 675;D @A 35576;S 3 >3 67?3@63 :75:3 5A@ FA63 :G?;>636 > 7H3@97>;EF37EF34>7577>5A@FD3EF75A@>37JBD7E;S@36H7DE3F;H3%'';2679=.67?A6ACG7?;7@FD3E 7> 67G6AD ;?B>AD343 7> 7@6GD75;6A 35D776AD E7 ?3D5:343 67 3>>Q67A 5A@ G@3 @793F;H3 BAD FA63 D7EBG7EF3 67?OE 7@ EG 83>F3 675A?B3E;S@ AD67@S ' ) 0%/*) $% !0') CG7 >A 7@53D57>3E7@ :3EF3CG7B393E77E675;D 62%+*2/**%! $'*1( )*):3EF3CG7:;5;7E7BDAH;E;S@67 8A@6AE B3D3 >;CG;63D >3 67G63 Y'G7 FD7?7@63 7JBD7E;S@ 67 5DG7>636 5A@3>9G;7@CG77EF3437@G@3E;FG35;S@E7?73CG7P>E7:34Q37@5A@FD36A3@F7E%0,4+59;9*5490,8AE5A@E;7DHAE67P>>AEG576;6AE77@FD;EF75;7DA@?G5:QE;?A&$ %',*1)/ $ .1!#.)/2&0-$12 0/2)+1)//" )*1( )KH;@;7@6AD78;D;7DA@3>E7RAD677>>AEFA6A>AEG576;6A$AF3EEA4D77>F7JFA9D;79A> BDA4>7?3 FD3E57@6;S 3> D7EFA 67 >AE E;7DHAE BAD F3@FA $%*1)/ B3DF;5;B;A 3AD;EFAE79G@6A7@HAL35F;H367>H7D4A*-252:*: 3CGQ5A?A,=*6-7>2.:76 A*4>.:47E79G;6A67>35A@GD3> 67> 3AD;EFA BD;?7DA 67 ;@6;53F;HA 7@ HAL B3E;H3 67> H7D4A '0+ 12.6GD3>@7GFDA5A@7>B3DF;5;B;A 3AD;EFA E79G@6A 7@ HAL ?76;3 67> H7D4A "$1)*($ 3CGQ 7@ >3 357B5;S@ 677,=::2:*,762.6-7 8=.; 47; ,76;2.:>7; -. D4 47;=,.-2-78G7;@?76;3F3>>7@AE67FD;EF7L3 %'0+#1,#.).!*1-35G6;7DA@3>D7KB3D367F3>>3D>7 FA6A 5G3@FA 35A@F75;S %',*1)/ $ .1!#.)/2 &0-$12 0/2) +1)/ / " )*1( ) >262.6-7 :./2:2.:76 *4 ;.F7: -. .447;

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

"+#"

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

"+#"

G@53EF;9A678;@;F;HABADCG7E;@ABA6Q3B393D>367G637EF3DQ3EG3E 5A@6;5;A@7E B7@3>7E CG7 3CG7>>3 E;FG35;S@ 353DD7343 > 67G6AD 8G77@FD7936A6;57#3F7A/*$.)$./$* 47;>.:-=07;> EGEF3@F;HACG7GF;>;L37EFOD7>35;A@36A5A@EG8D;?;7@FAFAD?7@FA38>;55;S@CG;7D7675;DCG77>8GFGDA EGKA @G@53 E7DQ3 39D3634>7 > 7H3@97>;EF3 :;LA @AF3D 3@F7E CG7 >3E7@F7@5;3BD;?7D37D3675A@67@337E5>3H;FG6H7@6;6AP>EG83?;>;3KFA63EEGE5AE3E$A:34DQ3BAE;4;>;63667D76;?;DG@3E;FG35;S@F3>);@6G63E75G?B>Q37@>3;>GEFD35;S@67>3B3DO4A>3>ACG7 7ETE:34Q37@E7R3@6A7@7>$.:5G6-.476:3DOAEE;@AB7D6A@O;E 6&./*/2% '!20%/*0%+*/2)&-$2)0(2)5363G@A3>:7D?3@A67P>67E67>AE5AD3LA@7E67HAEAFDAE$AF3EEA4D77>F7JFA9D;79A>H7DEQ5G>A5A@F;7@7>33B>;535;S@67>3B3DO4A>35A?7@L3@6A5A@7>36H7D4;A*06/25A@E7@F;6A67*;E-..;?7@F7.4!*-:.-.5E,.4.;3D67>8GFGDA67;@6;53F;HA7@HAL35F;H367>H7D4A+*$ 121*,.:3CGQ5A?A1*:C35363G@A677>>AEE;@A%!#/ E79G@63B7DEA@3B>GD3>67>3AD;EFAE79G@6A67EG4H7D4A%!$1#($8.:-76*:3CGQ5A?A8.:-76C2;E;9G73>H7D4A7>BDA@A?4D7 6&./*CG77@>3?3KADQ367>3EH757EE7GE35A?A363E6;H7DE3EB3DF7E67G@3FAF3>;636673:Q,*-*=67 3>% '!20%/*0*41.:5*67-. D4 E;9G7 >3BD7BAE;5;S@%+*-.;-./2)&-$2)0(2)47;,7:*A76.;-.>7;7

#*%.,

B7D6A@3D3>:7D?3@A675363G@AE ;?BADF3@F7@AF3DCG77@ >35A@EFDG55;S@67>F7JFAE7GE3G@BDA@A?4D77@9D;79ACG7F;7@7>3B3DF;5G>3D;6366767E;9@3D35363G@367>3EB3DF7ECG75A?BA@7@G@FA6A@7EF753EA7>)7RAD:34>33>3FAF3>;63667>AE6;E5QBG>AEFA6AEF;7@7@>3A4>;935;S@67B7D6A@3D5A?A8G7DA@B7D6A@36AEBAD7JF7@E;S@F3?4;P@3>3 FAF3>;63667 >AE5D;EF;3@AEB7DA67@FDA67 >3 FAF3>;6367>5A?BDA?;EAK >3 D7EBA@E34;>;6367E ;@6;H;6G3> FA6AEK5363G@A67477EF3D6;EBG7EFA3AFAD93D7>B7D6S@67>38AD?3?OE97@7DAE3F3>5A?A>A:3D75;4;6AF3?4;P@ >B7D6S@CG76747E7DAFAD936A@A7EEGB7D8;5;3>E;@ACG7E3>767>A?OEQ@F;?A67>3B7DEA@3 7ETE7@E7R33B7D6A@3DFA63E>3EA87@E3ED75;4;63E,76.4,7:*AG6>;F7D3>?7@F76;57%+*/2)&-$2)0(2)O-.;-.47;,7:*A76.;-.>7;7 5AD3LS@ 7E >3 8G7@F7 67 >3 H;63 K 7> >G93D 67 >3 HA>G@F3667F7D?;@3@F7"3B7F;5;S@67B7D6S@CG753636Q3@757E;F37>5D7K7@F767>&36D757>7EF;3> E7 5A@H;7DF7 7@ ?7D3 :;BA5D7EQ3 5G3@6A @A E7 AFAD93 7> B7D6S@ 3>:7D?3@ACG7E767?3@633>&36D767>5;7>AE35A@6;5;S@7EB3DF767>3AD35;S@CG77>)7RADBGEA5A?A?A67>AO!.:-G6*67;6=.;33CGQ E @757E3D;A D75AD63D 5A@F;@G3?7@F7 CG7 5363 5D7K7@F7 5A?A :A?4D7F7@Q3 5A@FD3Q63 G@3 67G63 5A@ ;AE 3 53GE3 67> B7536A B7DEA@3> F3@FA 67>:7D7636A5A?A67>675A?;E;S@BAD F3@FAO B7536A 67 >>793D 3 EG E3@F3BD7E7@5;3>E3>HACG7:3E;6AB7D6A@36ABG7677@D;EFA>>793D3>3BD7E7@5;367;AE5A?A 7ETE>A7@E7RS @$36;7BG767B393DEG67G63@;>367EG:7D?3@A)3>$36;7BG767A7@EG ;@53B35;636 67 5G?B>;D >3E 67?3@63E 67 ;AE 3B3DF7 67 >3 BDAB;35A@F3?;@35;S@:7D7636367>AE3@F757EAD7E5A?A67?G7EFD37>E;?B>7D7EG?7@67 >3 >7K #F > B7536A 67 FD3E9D7E;S@ 35A?B3R3 F3?4;P@ 7> 67A?;E;S@(A&ADF3@FA>367G636747E7DB39363KFA6A7>?G@6A67475A@E;67D3DE75A?AD7A5A@H;5FA67>3@F767;AE*A6AE7EFO@7@B;73@F77> G7LEGBD7?ACG7:3BD7E7@F36A353GE367>367G6367>B7536AG@3E7@F7@5;38;D?7K?OE3?B>;AK97@7DAEAB7D6S@3FA6AB7536ADCG75D73353GE367>B39ABAF7@5;3>67>E35D;8;5;AEGEF;FGFAD;A67D;EFA7@ >3DGL 5A?A7@E7R3&34>AO;2.6-7 3=;

"+#"

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

#*%.,

8.:-G6 .* -. ,76;=.47 * 47; ,:.@.6