 I 'LETXIV (VE[MRK[MXL5YEVX^ ERH3TIR+0 ZIV]ETTPMGEXMSR[IvZIFYMPXWSJEVLEWFIIRGSRWXVYGXIHJVSQZMI[WERHGSRXVSPW TVSZMHIHXSYWEWTEVXSJXLI9-/MXJVEQI[SVO=SYGERHSERE[JYPPSX[MXLXLIWI WXSGOGSQTSRIRXWERHEKVIEXQER]ETTPMGEXMSRMRXIVJEGIWGERFIGSRWXVYGXIH YWMRKSRP]XLIWIWXSGOSFNIGXW7SQIETTPMGEXMSRWLS[IZIVGERvXFIJYPP]VIEP M^IH[MXLSYXPSSOMRKJYVXLIV*SVMRWXERGIEXXMQIWERETTPMGEXMSRRIIHWXSFI EFPIXSHSGYWXSQHVE[MRK*SVXYREXIP]JSVYW[ILEZIRSXSRIFYXX[SWITE VEXIPMFVEVMIW[IGERGEPPSRJSVSYVHVE[MRKRIIHW5YEVX^([LMGLMWTEVXSJ XLI'SVI+VETLMGWJVEQI[SVOERH3TIR+0)7[LMGLMWEGVSWWTPEXJSVQKVETL MGWPMFVEV]3TIR+0)7MWEWPMQQIHHS[RZIVWMSRSJERSXLIVGVSWWTPEXJSVQ KVETLMGPMFVEV]GEPPIH3TIR+03TIR+0)7MWEWYFWIXSJ3TIR+0HIWMKRIHWTI GMJMGEPP]JSVIQFIHHIHW]WXIQWWYGLEWXLIM4LSRILIRGIXLIPIXXIVWw)7x-RXLMW GLETXIV[IvPPI\TPSVIFSXLSJXLIWITS[IVJYPKVETLMGWIRZMVSRQIRXW;IvPPFYMPH WEQTPIETTPMGEXMSRWMRFSXLERHXV]XSKIXEWIRWISJ[LMGLIRZMVSRQIRXXS YWI[LIR ',%48)6 (VE[MRK[MXL5YEVX^ERH3TIR+0  8[S:MI[WSJE+VETLMGEP;SVPH %PXLSYKL5YEVX^ERH3TIR+0SZIVPETEPSXXLIVIEVIHMWXMRGXHMJJIVIRGIWFIX[IIRXLIQ 5YEVX^MWEWIXSJJYRGXMSRWHEXEX]TIWERHSFNIGXWHIWMKRIHXSPIX]SYHVE[HMVIGXP]MRXS EZMI[SVXSERMQEKIMRQIQSV] 5YEVX^XVIEXWXLIZMI[SVMQEKIXLEXMWFIMRKHVE[RMRXSEWEZMVXYEPGERZEWERHJSPPS[W [LEXvWGEPPIHETEMRXIVvWQSHIP[LMGLMWNYWXEJERG][E]XSWE]XLEXXLEXHVE[MRKGSQ QERHWEVIETTPMIHMRQYGLXLIWEQI[E]EWTEMRXMWETTPMIHXSEGERZEW-JETEMRXIVTEMRXW ERIRXMVIGERZEWVIHERHXLIRTEMRXWXLIFSXXSQLEPJSJXLIGERZEWFPYIXLIGERZEW[MPPFI LEPJVIHERHLEPJIMXLIVFPYISVTYVTPI&PYIMJXLITEMRXMWSTEUYITYVTPIMJXLITEMRXMWWIQM XVERWTEVIRX 5YEVX^vWZMVXYEPGERZEW[SVOWXLIWEQI[E]-J]SYTEMRXXLI[LSPIZMI[VIHERHXLIRTEMRX XLIFSXXSQLEPJSJXLIZMI[FPYI]SYvPPLEZIEZMI[XLEXvWLEPJVIHERHLEPJIMXLIVFPYISV TYVTPIHITIRHMRKSR[LIXLIVXLIWIGSRHHVE[MRKEGXMSR[EWJYPP]STEUYISVTEVXMEPP] XVERWTEVIRX)EGLHVE[MRKEGXMSRMWETTPMIHXSXLIGERZEWSRXSTSJER]TVIZMSYWHVE[MRK EGXMSRW 3RXLISXLIVLERH3TIR+0)7MWMQTPIQIRXIHEWEWXEXIQEGLMRI8LMWGSRGITXMWWSQI [LEXQSVIHMJJMGYPXGSRGITXXSKVEWTFIGEYWIMXHSIWRvXVIWSPZIXSEWMQTPIQIXETLSVPMOI TEMRXMRKSREZMVXYEPGERZEW-RWXIEHSJPIXXMRK]SYXEOIEGXMSRWXLEXHMVIGXP]MQTEGXEZMI[ [MRHS[SVMQEKI3TIR+0)7QEMRXEMRWEZMVXYEPXLVIIHMQIRWMSREP[SVPH%W]SYEHH SFNIGXWXSXLEX[SVPH3TIR+0OIITWXVEGOSJXLIWXEXISJEPPSFNIGXW-RWXIEHSJEZMVXYEPGER ZEW3TIR+0)7KMZIW]SYEZMVXYEP[MRHS[MRXSMXW[SVPH=SYEHHSFNIGXWXSXLI[SVPHERH HIJMRIXLIPSGEXMSRSJ]SYVZMVXYEP[MRHS[[MXLVIWTIGXXSXLI[SVPH3TIR+0XLIRHVE[W [LEX]SYGERWIIXLVSYKLXLEX[MRHS[FEWIHSRXLI[E]MXWGSRJMKYVIHERH[LIVIXLIZEVM SYWSFNIGXWEVIMRVIPEXMSRXSIEGLSXLIV8LMWGSRGITXMWEFMXEFWXVEGXWSMJ]SYvVIGSRJYWIH HSRvX[SVV]MXvPPQEOIQSVIWIRWIEW[IQEOISYV[E]XLVSYKLXLMWGLETXIVvWGSHI 5YEVX^MWVIPEXMZIP]IEW]XSYWI-XTVSZMHIWEZEVMIX]SJPMRIWLETIERHMQEKIHVE[MRKJYRG XMSRW8LSYKLIEW]XSYWI5YEVX^(MWPMQMXIHXSX[SHMQIRWMSREPHVE[MRK%PXLSYKLQER] 5YEVX^JYRGXMSRWHSVIWYPXMRHVE[MRKXLEXXEOIWEHZERXEKISJLEVH[EVIEGGIPIVEXMSRXLIVIMW RSKYEVERXIIXLEXER]TEVXMGYPEVEGXMSR]SYXEOIMR5YEVX^[MPPFIEGGIPIVEXIH 3TIR+0XLSYKLGSRWMHIVEFP]QSVIGSQTPI\ERHGSRGITXYEPP]QSVIHMJJMGYPXSJJIVWEPSX QSVITS[IV-XLEWXSSPWJSVFSXLX[SHMQIRWMSREPERHXLVIIHMQIRWMSREPHVE[MRKERHMW WTIGMJMGEPP]HIWMKRIHXSXEOIJYPPEHZERXEKISJLEVH[EVIEGGIPIVEXMSR&IGEYWIMXGEROIIT XVEGOSJXLIWXEXISJEZMVXYEP[SVPHMXvWEPWSI\XVIQIP][IPPWYMXIHXS[VMXMRKKEQIWERHSXLIV GSQTPI\KVETLMGWMRXIRWMZITVSKVEQW ',%48)6 (VE[MRK[MXL5YEVX^ERH3TIR+0  8LMW'LETXIVvW(VE[MRK%TTPMGEXMSR 3YVRI\XETTPMGEXMSRMWEWMQTPIHVE[MRKTVSKVEQWII *MKYVI;IvVIKSMRKXSFYMPHXLMWETTPMGEXMSRX[MGI SRGIYWMRK5YEVX^(ERHSRGIYWMRK3TIR+0)7WS]SY KIXEVIEPJIIPJSVXLIHMJJIVIRGIFIX[IIRXLIX[S 8LIETTPMGEXMSRJIEXYVIWEFEVEGVSWWXLIXSTERHSRIEGVSWW XLIFSXXSQIEGL[MXLEWIKQIRXIHGSRXVSP8LIGSRXVSPEX XLIXSTPIXW]SYGLERKIXLIHVE[MRKGSPSVERHXLISRIEX XLIFSXXSQPIXW]SYGLERKIXLIWLETIXSFIHVE[R;LIR ]SYXSYGLERHHVEKXLIWIPIGXIHWLETI[MPPFIHVE[RMRXLI WIPIGXIHGSPSV8SQMRMQM^IXLIETTPMGEXMSRvWGSQTPI\MX]SRP] SRIWLETI[MPPFIHVE[REXEXMQI 8LI5YEVX^%TTVSEGL XS(VE[MRK ;LIRYWMRK5YEVX^XSHS]SYVHVE[MRK]SYvPPYWYEPP]EHHXLI HVE[MRKGSHIXSXLIZMI[HSMRKXLIHVE[MRK*SVI\EQTPI ]SYQMKLXGVIEXIEWYFGPEWWSJ 9-:MI[ ERHEHH5YEVX^JYRG XMSRGEPPWXSXLEXGPEWWvW HVE[6IGX QIXLSH8LI HVE[6IGX QIXLSHMWTEVXSJXLI 9-:MI[  GPEWWHIJMRMXMSRERHKIXWGEPPIHIZIV]XMQIEZMI[RIIHWXSVIHVE[MXWIPJ-J]SYMRWIVX]SYV 5YEVX^GSHIMR HVE[6IGX XLEXGSHI[MPPKIXGEPPIHXLIRXLIZMI[VIHVE[WMXWIPJ 5YEVX^(vW+VETLMGW'SRXI\XW -R5YEVX^(EWMRXLIVIWXSJ'SVI+VETLMGWHVE[MRKLETTIRWMREKVETLMGWGSRXI\XYWYEPP] NYWXVIJIVVIHXSEWEGSRXI\X)ZIV]ZMI[LEWEREWWSGMEXIHGSRXI\X;LIR]SY[ERXXSHVE[ MREZMI[]SYvPPVIXVMIZIXLIGYVVIRXGSRXI\XYWIXLEXGSRXI\XXSQEOIZEVMSYW5YEVX^HVE[ MRKGEPPWERHPIXXLIGSRXI\X[SVV]EFSYXVIRHIVMRK]SYVHVE[MRKSRXSXLIZMI[ 8LMWPMRISJGSHIVIXVMIZIWXLIGYVVIRXGSRXI\X '+'SRXI\X6IJGSRXI\X!9-+VETLMGW+IX'YVVIRX'SRXI\X *MKYVI3YVGLETXIVvW WMQTPIHVE[MRKETTPMGEXMSR MREGXMSR ',%48)6 (VE[MRK[MXL5YEVX^ERH3TIR+0  238) 2SXMGIXLEX[IvVIYWMRK'SVI+VETLMGW'JYRGXMSRWVEXLIVXLER3FNIGXMZI'SFNIGXWXSHSSYVHVE[MRK 'SVI+VETLMGWvW%4-MW'FEWIHWSQSWXSJXLIGSHI[I[VMXIMRXLMWTEVXSJXLIGLETXIV[MPPGSRWMWXSJ 'JYRGXMSRGEPPW 3RGI]SYvZIHIJMRIH]SYVKVETLMGWGSRXI\X]SYGERHVE[MRXSMXF]TEWWMRKXLIGSRXI\XXS EZEVMIX]SJ'SVI+VETLMGWJYRGXMSRW*SVI\EQTPIXLMWWIUYIRGI[MPPHVE[ETM\IP[MHIPMRI MRXLIGSRXI\X '+'SRXI\X7IX0MRI;MHXLGSRXI\X '+'SRXI\X7IX7XVSOI'SPSV;MXL'SPSVGSRXI\X?9-'SPSVVIH'SPSVA'+'SPSV '+'SRXI\X1SZI8S4SMRXGSRXI\XJJ '+'SRXI\X%HH0MRI8S4SMRXGSRXI\XJJ '+'SRXI\X7XVSOI4EXLGSRXI\X 8LIJMVWXGEPPWTIGMJMIWXLEXER]HVE[MRK[IHSWLSYPHGVIEXIEPMRIXLEXvWTM\IPW[MHI;I XLIRWTIGMJ]XLEXXLIWXVSOIGSPSVWLSYPHFIVIH-R'SVI+VETLMGWX[SGSPSVWEVIEWWSGMEXIH [MXLHVE[MRKEGXMSRWXLIWXVSOIGSPSVERHXLIJMPPGSPSV8LIWXVSOIGSPSVMWYWIHMRHVE[MRK PMRIWERHJSVXLISYXPMRISJWLETIWERHXLIJMPPGSPSVMWYWIHXSJMPPMRWLETIW 'SRXI\XWLEZIEWSVXSJMRZMWMFPIwTIRxEWWSGMEXIH[MXLXLIQXLEXHSIWXLIPMRIHVE[MRK;LIR ]SYGEPP '+'SRXI\X1SZI8S4SMRX ]SYQSZIXLEXMRZMWMFPITIRXSERI[PSGEXMSR[MXLSYX EGXYEPP]HVE[MRKER]XLMRK&]HSMRKXLMW[IEVIMRHMGEXMRKXLEXXLIPMRI[IEVIEFSYXXSHVE[ [MPPWXEVXEXTSWMXMSRWIIXLII\TPEREXMSRSJTSWMXMSRMRKMRXLIRI\XWIGXMSR8LIRI\X JYRGXMSREGXYEPP]HVE[WEPMRIJVSQXLIGYVVIRXTIRPSGEXMSRXSXLIWTIGMJMIHPSGEXMSR[LMGL [MPPFIGSQIXLIRI[TIRPSGEXMSR;LIR[IHVE[MR'SVI+VETLMGW[IvVIRSXHVE[MRKER] XLMRK]SYGEREGXYEPP]WII;IvVIGVIEXMRKEWLETIEPMRISVWSQISXLIVSFNIGXFYXMXGSRXEMRW RSGSPSVSVER]XLMRKXSQEOIMXZMWMFPI-XvWPMOI[VMXMRKMRMRZMWMFPIMRO9RXMP[IHSWSQIXLMRK XSQEOIMXZMWMFPISYVPMRIGERvXFIWIIR7SXLIRI\XWXITMWXIPP5YEVX^XSHVE[XLIPMRIYWMRK '+'SRXI\X7XVSOI4EXL 8LMWJYRGXMSR[MPPYWIXLIPMRI[MHXLERHXLIWXVSOIGSPSV[IWIXIEV PMIVXSEGXYEPP]GSPSVSVwTEMRXxXLIPMRIERHQEOIMXZMWMFPI 8LI'SSVHMREXIW7]WXIQ -RXLITVIZMSYWGLYROSJGSHI[ITEWWIHETEMVSJJPSEXMRKTSMRXRYQFIVWEWTEVEQIXIVW XS '+'SRXI\X1SZI8S4SMRX ERH '+'SRXI\X0MRI8S4SMRX 8LIWIRYQFIVWVITVIWIRX TSWMXMSRWMRXLI'SVI+VETLMGWGSSVHMREXIWW]WXIQ0SGEXMSRWMRXLMWGSSVHMREXIW]WXIQEVI HIRSXIHF]XLIMV\ERH]GSSVHMREXIW[LMGL[IYWYEPP]VITVIWIRXEW\]8LIYTTIVPIJX GSVRIVSJXLIGSRXI\XMW%W]SYQSZIHS[R]MRGVIEWIW%W]SYQSZIXSXLIVMKLX \MRGVIEWIW ',%48)6 (VE[MRK[MXL5YEVX^ERH3TIR+0  -RXLEXPEWXGSHIWRMTTIX[IHVI[EHMEKSREPPMRIJVSQ XS[LMGL[SYPHHVE[EPMRIXLEX PSSOIHPMOIXLISRIWLS[RMR*MKYVI 8LIGSSVHMREXIW]WXIQMWSRISJXLIKSXGLEWMRHVE[ MRKSRXLIM4LSRIFIGEYWIM4LSRIvWGSSVHMREXI W]WXIQMWJPMTTIHJVSQ[LEXQER]KVETLMGWPMFVEVMIW YWIERHJVSQ[LEXMWYWYEPP]XEYKLXMRKISQIXV] GPEWWIW-R3TIR+0)7JSVI\EQTPIMWMRXLI PS[IVPIJXGSVRIVERHEWXLI]GSSVHMREXIMRGVIEWIW ]SYQSZIXS[EVHXLIXSTSJXLIGSRXI\XSVZMI[EW WLS[RMR*MKYVI;LIR[SVOMRK[MXL3TIR+0 ]SYLEZIXSXVERWPEXIXLITSWMXMSRJVSQXLIZMI[vW GSSVHMREXIW]WXIQXS3TIR+0vWGSSVHMREXIW]WXIQ 8LEXvWIEW]IRSYKLXSHSERH]SYvPPWIILS[MXvWHSRI [LIR[IKIXMRXS[SVOMRK[MXL3TIR+0PEXIVMRXLI GLETXIV 8SWTIGMJ]ETSMRXMRXLIGSSVHMREXIW]WXIQWSQI 5YEVX^JYRGXMSRWVIUYMVIX[SJPSEXMRKTSMRXRYQFIVW EWTEVEQIXIVW3XLIV5YEVX^JYRGXMSRWEWOJSVXLI TSMRXXSFIIQFIHHIHMRE '+4SMRX E WXVYGX XLEX LSPHWX[SJPSEXMRKTSMRXZEPYIW \ ERH ] 8SHIWGVMFI XLIWM^ISJEZMI[SVSXLIVSFNIGX5YEVX^YWIW '+7M^I  E WXVYGX XLEXEPWSLSPHWX[SJPSEXMRKTSMRXZEPYIW [MHXL ERH LIMKLX 5YEVX^EPWSHIGPEVIW EHEXEX]TIGEPPIH '+6IGX [LMGLMWYWIHXSHIJMRIEVIGXERKPIMRXLIGSSVHMREXIW]WXIQ % '+6IGX GSRXEMRWX[SIPIQIRXWE '+4SMRX GEPPIH SVMKMR XLEXMHIRXMJMIWXLIXSTPIJXSJXLI VIGXERKPIERHE '+7M^I GEPPIH WM^I XLEXMHIRXMJMIWXLI [MHXL ERH LIMKLX SJXLIVIGXERKPI 7TIGMJ]MRK'SPSVW %RMQTSVXERXTEVXSJHVE[MRKMWGSPSVWSYRHIVWXERHMRKXLI[E]GSPSVW[SVOSRXLIM4LSRI MWMQTSVXERX8LMWMWSRISJXLIEVIEW[LIVIXLI9-/MXHSIWTVSZMHIER3FNIGXMZI'GPEWW 9-'SPSV =SYGERvXYWIE 9-'SPSV SFNIGXHMVIGXP]MR'SVI+VETLMGGEPPWFYX]SYGERVIXVMIZI E '+'SPSV VIJIVIRGI[LMGLMW[LEXXLI'SVI+VETLMGJYRGXMSRWVIUYMVIJVSQE 9-'SPSV  MRWXERGIF]YWMRKMXW '+'SPSV TVSTIVX]WSQIXLMRK[IHMHIEVPMIVMRXLMWGSHIWRMTTIX '+'SRXI\X7IX7XVSOI'SPSV;MXL'SPSVGSRXI\X?9-'SPSVVIH'SPSVA'+'SPSV ;IGVIEXIHE 9-'SPSV MRWXERGIYWMRKEGSRZIRMIRGIQIXLSHGEPPIH VIH'SPSV ERHXLIR VIXVMIZIHMXW '+'SPSV TVSTIVX]ERHTEWWIHXLEXMRXSXLIJYRGXMSR   *MKYVI(VE[MRKEPMRIMRXLI ZMI[vWGSSVHMREXIW]WXIQ   *MKYVI-RQER]KVETLMGWPMFVEV MIWMRGPYHMRK3TIR+0HVE[MRKJVSQ XS[SYPHTVS HYGIEPMRIXLEXPSSOWPMOIXLMWMRWXIEH SJXLIPMRIMR*MKYVI ',%48)6 (VE[MRK[MXL5YEVX^ERH3TIR+0  %&MXSJ'SPSV8LISV]JSV=SYVM4LSRIvW(MWTPE] -RQSHIVRGSQTYXIVKVETLMGWEZIV]GSQQSR[E]XSVITVIWIRXGSPSVWMWXSYWIJSYVGSQ TSRIRXWVIHKVIIRFPYIERHEPTLE-R5YEVX^(XLIWIZEPYIWEVISJX]TI '+*PSEX [LMGL SRXLIM4LSRIMWXLIWEQIEWE JPSEX ERHLSPHEZEPYIFIX[IIRERH8LIJMVWXXLVIIEVI JEMVP]IEW]XSYRHIVWXERHEWXLI]VITVIWIRXXLIEHHMXMZITVMQEV]GSPSVWSVXLI6+&GSPSV QSHIPWII*MKYVI'SQFMRMRKXLIWIXLVIIGSPSVWMRHMJJIVIRXTVSTSVXMSRWVIWYPXWMR HMJJIVIRXGSPSVW-J]SYEHHXSKIXLIVPMKLXSJXLIWIXLVIIWLEHIWMRIUYEPTVSTSVXMSRWXLI VIWYPX[MPPETTIEVXSXLII]IEWIMXLIV[LMXISVEWLEHISJKVI]HITIRHMRKSRXLIMRXIRWMX]SJ XLIPMKLXQM\IH'SQFMRMRKXLIXLVIIEHHMXMZITVMQEVMIWMRHMJJIVIRXTVSTSVXMSRWKMZIW]SY VERKISJHMJJIVIRXGSPSVWVIJIVVIHXSEWEKEQYX *MKYVI%WMQTPIVITVIWIRXEXMSRSJXLIEHHMXMZITVMQEV]GSPSVW XLEXQEOIYTXLI6+&GSPSVQSHIP -RKVEHIWGLSSP]SYTVSFEFP]PIEVRIHXLEXXLITVMQEV]GSPSVWEVIVIH]IPPS[ERHFPYI8LIWI TVMQEVMIW[LMGLEVIORS[REWXLILMWXSVMGEPWYFXVEGXMZITVMQEVMIWSVXLI6=&GSPSVQSHIP LEZIPMXXPIETTPMGEXMSRMRQSHIVRGSPSVXLISV]ERHEVIEPQSWXRIZIVYWIHMRGSQTYXIVKVETLMGW 8LIGSPSVKEQYXSJXLI6=&GSPSVQSHIPMWI\XVIQIP]PMQMXIHERHXLMWQSHIPHSIWRvXPIRHMXWIPJ IEWMP]XSQEXLIQEXMGEPHIJMRMXMSR%WQYGLEW[ILEXIXSXIPP]SYXLEX]SYV[SRHIVJYPXLMVH KVEHIEVXXIEGLIV1VW7QIHPII[EW[VSRKEFSYXER]XLMRK[IPPMRXLIGSRXI\XSJGSQTYXIV KVETLMGWWLI[EW6ITIEXEJXIVYWw8LITVMQEV]GSPSVWEVIVIHKVIIRERHFPYIx ',%48)6 (VE[MRK[MXL5YEVX^ERH3TIR+0  1SVI8LER'SPSV1IIXWXLI)]I -REHHMXMSRXSVIHKVIIRERHFPYI5YEVX^(ERH3TIR+0)7LEZIERSXLIVGSQTSRIRX GEPPIHEPTLE[LMGLVITVIWIRXWLS[XVERWTEVIRXEGSPSVMW%PTLEMWYWIH[LIRHVE[MRKSRI GSPSVSRXSTSJERSXLIVGSPSVXSHIXIVQMRIXLIJMREPGSPSVXLEXKIXWHVE[R;MXLEREPTLE SJXLIHVE[RGSPSVMWTIVGIRXSTEUYIERHSFWGYVIWER]GSPSVWFIRIEXLMX;MXLER] ZEPYIPIWWXLERXLIGSPSVWFIPS[[MPPWLS[XLVSYKLERHQM\;LIREREPTLEGSQTS RIRXMWYWIHXLIGSPSVQSHIPMWWSQIXMQIWVIJIVVIHXSEWXLI6+&%GSPSVQSHIPEPXLSYKL XIGLRMGEPP]WTIEOMRKXLIEPTLEMWRvXVIEPP]TEVXSJXLIGSPSVMXNYWXHIJMRIWLS[XLIGSPSV[MPP MRXIVEGX[MXLSXLIVGSPSVW[LIRMXMWHVE[R %PXLSYKLXLI6+&QSHIPMWXLIQSWXGSQQSRP]YWIHMRGSQTYXIVKVETLMGWMXMWRSXXLISRP] GSPSVQSHIP7IZIVEPSXLIVWEVIMRYWIMRGPYHMRKLYIWEXYVEXMSRZEPYI,7:LYIWEXYVEXMSR PMKLXRIWW,70G]ERQEKIRXE]IPPS[OI]'1=/[LMGLMWYWIHMRJSYVGSPSVTVMRXMRKERH KVE]WGEPI8SQEOIQEXXIVWIZIRQSVIGSRJYWMRKXLIVIEVIHMJJIVIRXZIVWMSRWSJXLI6+&GSPSV WTEGI*SVXYREXIP]JSVQSWXSTIVEXMSRW[IHSRvXLEZIXS[SVV]EFSYXXLIGSPSVQSHIPXLEX MWFIMRKYWIH;IGERNYWXTEWWXLI '+'SPSV JVSQSYV 9-'SPSV SFNIGXERH'SVI+VETLMGW[MPP LERHPIER]RIGIWWEV]GSRZIVWMSRW;LIR[SVOMRK[MXL3TIR+0)7MXvWMQTSVXERXXSOIITMR QMRHXLEX5YEVX^WYTTSVXWSXLIVGSPSVQSHIPWFIGEYWI3TIR+0)7VIUYMVIWGSPSVWXSFI WTIGMJMIHMR6+&% 9-'SPSV LEWEPEVKIRYQFIVSJGSRZIRMIRGIQIXLSHWXLEXVIXYVR 9-'SPSV SFNIGXWMRMXMEPM^IH XSEWTIGMJMGGSPSV-RSYVTVIZMSYWGSHIWEQTPI[IYWIHXLI VIH'SPSV QIXLSHXSKIXEGSPSV MRMXMEPM^IHXSVIH*SVXYREXIP]JSVYWXLI 9-'SPSV MRWXERGIWGVIEXIHF]XLIWIGSRZIRMIRGI QIXLSHWEPPYWIXLI6+&%GSPSVQSHIP -J]SYRIIHQSVIGSRXVSPSZIVGSPSVMRWXIEHSJYWMRKEGSRZIRMIRGIQIXLSH]SYGERGVIEXI EGSPSVF]WTIGMJ]MRKEPPJSYVSJXLIGSQTSRIRXW,IVIvWERI\EQTPI 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