"#$#%&'()(*'%+,%+(%"#$%!&##$%'#%!()*+#,!
-.#!./0($-1-23*'-"#$#%&'(!/.#'#'!0$*#*!1#.'%#.2$#*+#!34%'#.5#!&#&#*6/#%!+#%!
&#7#'85.2$#*!9#1:$%5#.7')*&7;<5.2$'=!
"#$#%&'(4('&=!
5-6#7$(!>/!(>)<+>')?!
8-9/%#&(!<6%!3#%72$5#.77@!)*+!3#%/%>)2$7'#.5#!/#.!*4%?>5#?!)*+!
4%+*)*&7&#?:77#?!9#/%>)2$!A8BCB!DEE)7F!
:/;&(%=!
(47'#*<%#.#!G#;>%>')%!/81B!!D)7'>)72$!4+#%!9#5+%62E&>/#B!
(#.*#!H%>*7;4%'E47'#*!
./&3'%(=!
(47'#*<%#.#!I4'5.*#!
<=>>=!!
C#J4%!".#!0$%!K%4+)E'!#.*7#*+#*!1#*+#*!".#!7.2$!'#5#<4*.72$L!!
;#%!M>.5!4+#%!N>O!>*!)*7#%#!I4'5.*#B!"4!EP**#*!1.%!0$*#*!/#.!
#J#*')#55#*!C#+.#*)*&7<#$5#%*!$#5<#*B!
?@-*'(-"#$#%&'(-'%-2%;A$,B7-4,-%(7@(%-;(%*(%-C'(-,%;D• 8)7>??#*!?.'!+#?!+#<#E'#*!K%4+)E'!+#*!Q%.&.*>5@(>77#*/4*!)*+!+.#!
J4557':*+.&!>)7&#<655'#!9>%>*'.#E>%'#B!
• +>7!K%4+)E'!?.'!>55#*!C#7'>*+'#.5#*!+#7!R.#<#%)?<>*&7B!
!
E'(-"#$#%&'(-+'3&-%'B7&!/#.!"2$:+#*!+)%2$=!
• ?%0#33!4+#%!,%F/$7($+(;(7(%(-G$('+%';;(H!A8BCB!C5.'8L!S>77#%L!N#)#%L!#'2BF!
• ,%;#B7+(@I;;(-J(%,&4,%+!4+#%!<$#%;A/$&B!
• 9';;#B7&,%+!+#%!C'B7($7('&;K!)*+!L#$&,%+;F/$;B7$'0&(%B!
• 74*7'.&#-,%;#B7+(@I;;(-J(#$)('&,%+-4+#%-M($I%*($,%+BT>2$!D/5>)<!+#%!9>%>*'.#8#.'!$>/#*!".#!#/#*<>557!+.#!MP&5.2$E#.'!>*!+#%!"#%J.2#7'#55#!
G#;>%>')%#*!E47'#*;<5.2$'.&!+)%2$<6$%#*!8)!5>77#*B!N>557!+.#!G#;>%>')%!4+#%!+#%!
(47'#*J4%>*72$5>&!<6%!".#!*.2$'!E47'#*<%#.!7.*+L!1#%+#*!".#!J4%$#%!J#%7':*+.&'B!
-.#!&#7#'85.2$#!9#1:$%5#.7')*&7;<5.2$'!+#7!U/#%&#/#%7!1.%+!+)%2$!+.#7#!9>%>*'.#!*.2$'!
#.*&#72$%:*E'B!-.#!9>%>*'.#8#.'!E>**!*)%!J#%5:*&#%'!1#%+#*L!1#**!+.#7!#.*#!
&#7#'85.2$#!T4%?!J4%7.#$'B!0*!+#*!R:*+#%*L!.*!+#*#*!#.*#!A81.*&#*+#F!9>%>*'.#!
)*+V4+#%!#.*#!W%7>'8'#.55>&#%$>5')*&!)*+V4+#%!#.*#!"2$>+#*#%7>'8%#&#5)*&!&#7#'85.2$!
J4%&#72$%.#/#*!7.*+L!&#5'#*!+.#!&#7#'85.2$!J4%&#72$%.#/#*#*!M.*+#7'/#+.*&)*&#*B!->7!
"#%J.2#)*'#%*#$?#*!)*+!+#%!3#%E:)<#%!6/#%*#$?#*!/#.!G#;>%>')%>**>$?#!E#.*#!
I><')*&!<6%!#J#*')#55!>)<!+#?!K%4+)E'!J4?!()*+#*!&#7;#.2$#%'#!->'#*!4+#%!
W.*7'#55)*&#*B!
!
!
%
N.$)&%&.$:,)',*"#"$%&',
Y#"$%25."*',%
S>%&>$>*'."%"7'%K>5>/5"%;4)$%)*"%+)$Z"%+"%'$4.7%>*7%[%+>'"$%+)%\4)$%+"%5]>2#>'%4)%+"%5>%
5.K$>.74*%"<<"2'.K"%+"7%>$'.25"7C%X55"%*"%;")'%^'$"%$"24**)"%K>5>/5"%_)"%7)$%;$4+)2'.4*%
+)%/4*%+"%2>.77"%"'%+)%/4*%+"%&>$>*'."%+`?"*'%$"*7".&*ZC%05%"7'%+4*2%.*+.7;"*7>/5"%+"%
24*7"$K"$%2"7%+")O%+42)?"*'7C%
X*K.$4*%abc%+"7%$Z25>?>'.4*7%74*'%?>'#")$")7"?"*'%+)"7%[%)*"%?>)K>.7"%
?>*.;)5>'.4*d%.5%e%"7'%[%$"?Z+."$%7>*7%;$4/5f?"7%'4)'%7.?;5"?"*'%"*%K4)7%?"''>*'%"*%
24*'>2'%K.>%'Z5Z;#4*"L%?>.5%4)%<>O%>K"2%*4'$"%2"*'$"%+"%7"$K.2"7%.*7'>5.Z%"O;$"77Z?"*'%
[%2"'%"<<"'C%
X*%24*7Z_)"*2"L%K").55"8%K4)7%>+$"77"$%[%*4'$"%7"$K.2"%"*%5.&*"%>K>*'%+]"O;Z+."$%
5]>;;>$".5%4)%>K>*'%+"%5]>;;4$'"$%2#"8%5"%$"K"*+")$%=%U4'$"%>77.7'>*2"%"*%5.&*"%K4)7%
ZK.'"$>%+"%K4)7%+Z;5>2"$C%
S"%<>/$.2>*'%7]"*&>&"%[%'$>.'"$%&$>').'"?"*'%'4)'"%$Z25>?>'.4*%$"5>'.K"%[%)*%;$4/5f?"%
+"%?>'Z$."5%4)%[%)*%+Z<>)'%+"%<>/$.2>'.4*L%"*%7"%$Z7"$K>*'%5"%+$4.'%+]4;'"$%[%7>%
24*K"*>*2"%"*'$"%)*"%$Z;>$>'.4*L%)*%Z2#>*&"L%4)%)*%$"?/4)$7"?"*'%"*%"7;f2"7C%S>%
&>$>*'."%*"%7]>;;5._)"%;>7%>)O%+4??>&"7%7)$K"*)7%[%5]422>7.4*%+])*%>22.+"*'L%+])*%
ZKZ*"?"*'%.?;$ZK)%B<4)+$"L%.*4*+>'.4*L%.*2"*+."L%"'2C%GL%+])*"%)'.5.7>'.4*%.*>;;$4;$.Z"%
4)%+])*%'$>*7;4$'%7>*7%;$Z2>)'.4*L%+])*%$"<)7%+]4/7"$K"$%5"7%$"24??>*+>'.4*7%+"%
7Z2)$.'Z%4)%+]"*'$"'."*L%4)%+"%'4)'"%<4$?"%+"%?4+.<.2>'.4*%4)%+"%'$>*7<4$?>'.4*%
.*>;;$4;$.Z"C%%
S>%&>$>*'."%;4)$%5"7%;.f2"7%+])7)$"7%"'%24*74??>/5"7%B24??"%;>$%"O"?;5"%5"7%
>?;4)5"7L%5"7%/>''"$."7%4)%5"7%;*")7G%"7'%K>5>/5"%g%?4.7%+>*7%5"%2>+$"%+])*"%)'.5.7>'.4*%
*4$?>5"%"'%24*<4$?"C%S"7%'$>2"7%+])7)$"7%2>)7Z"7%;>$%)*"%)'.5.7>'.4*%_)4'.+."**"%
B$>e)$"7L%/477"7G%*"%74*'%;>7%24*7.+Z$Z"7%24??"%+"7%;$4/5f?"7%24)K"$'7%;>$%5>%
&>$>*'."C%%
S]4/5.&>'.4*%5Z&>5"%+"%&>$>*'."%+)%<4)$*.77")$%*]"7'%;>7%5.?.'Z"%;>$%5>%;$Z7"*'"%&>$>*'."C%
S>%+)$Z"%+"%K>5.+.'Z%+"%5>%&>$>*'."%*"%;")'%^'$"%;$454*&Z"%_)"%7.%2"''"%;$454*&>'.4*%"7'%
;$ZK)"%;>$%+"7%+.7;47.'.4*7%5Z&>5"7C%->*7%5"7%;>e7%4h%5"7%'"O'"7%"*%K.&)")$%;$ZK4."*'%
)*"%&>$>*'."%B4/5.&>'4.$"G%"'W4)%)*"%4/5.&>'.4*%+"%'"*)"%+"%7'42F%+"%;.f2"7%+Z'>2#Z"7L%
"'W4)%)*"%$Z&5"?"*'>'.4*%+"7%+Z+4??>&"?"*'7L%2"%74*'%5"7%4/5.&>'.4*7%?.*.?)?%
;$ZK)"7%;>$%5>%54.%_).%7"$4*'%;$.7"7%"*%24*7.+Z$>'.4*C%S]"*'$";$.7"%+"%7"$K.2"%>;$f7A
K"*'"%"'%5"%K"*+")$%+Z25.*"*'%'4)'"%$"7;4*7>/.5.'Z%$"5>'.K"%>)O%+4**Z"7%24*'"*)"7%%"'%
>)O%$Z&5>&"7%"<<"2')Z7%;>$%5"%+Z;47>*'%7)$%5"%;$4+).'%54$7%+"%5]"*K4.%"*%$Z;>$>'.4*C%%
E;$f7%5]"O;.$>'.4*%+"%5>%+)$Z"%+"%&>$>*'."L%.5%K4)7%"7'%'4)\4)$7%;477./5"%+]>+$"77"$%5"7%
>;;>$".57%+Z<"2')")O%>)O%7"$K.2"7%>;$f7AK"*'"%[%+"7%<.*7%+"%$Z;>$>'.4*C%M>.7%"*%+"#4$7%
+"%5>%;Z$.4+"%+"%&>$>*'."L%5"7%ZK"*')"55"7%$Z;>$>'.4*7%7"$4*'%"<<"2')Z"7%[%'.'$"%
4*Z$")OC%E)%2>7%4h%5"7%$Z;>$>'.4*7%7"$>."*'%;>e>*'"7L%K4)7%7"$"8%>K"$'.7%>);>$>K>*'C%
%
%
%
N.$)&3&.$&,)&,*"#"$3&",
9"*'.5"%25."*'",%
05%;"$.4+4%+.%&>$>*8.>%#>%)*>%+)$>'>%+.%i%>**.%"%.*.8.>%.5%&.4$*4%+"55]>2_).7'4%4%+"55>%
24*7"&*>%+"55>%?"$2"C%Q"$2#Z%.%+.$.''.%+.%&>$>*8.>%>//.>*4%K>5.+.'[%f%>7745)'>?"*'"%
*"2"77>$.4%;$"7"*'>$"%54%724*'$.*4%$"5>'.K4%>55]>2_).7'4%"%$."?;.$"%5>%72#"+>%+"55>%
&>$>*8.>C%Y4*7"$K>$"%_).*+.%7.>%54%724*'$.*4%2#"%5>%72#"+>%+"55>%&>$>*8.>,%
05%abc%2.$2>%+".%$"25>?.%74*4%;)$'$4;;4%+>%$.24*+)$7.%>%"$$4$.%+.%)'.5.884%"%;4'$"//"$4%
;"$'>*'4%"77"$"%"K.'>'.%7"*8>%;$4/5"?.=%/>7'>%24*'>''>$"%'"5"<4*.2>?"*'"L%;"$%"A?>.5%4%
;"$%<>O%5]>;;47.'4%7"$K.8.4%+.%>77.7'"*8>C%
-"7.+"$.>?4%_).*+.%.*K.'>$.>%>%$.K45&"$7.%>55>%#4'5.*"%+>%*4.%?"77>%>%+.;47.8.4*"%;$.?>%
+.%$"7'.').$"%5]>;;>$"22#.4%4KK"$4%$.;4$'>54%>5%*"&48.4%+4K"%f%7'>'4%>2_).7'>'4C%S>%
;4.$"?4%247.%>.)'>$"%7"*8>%2#"%7.%+"//>%$.K4.&"$"%>5'$4K"C%
05%;$4+)''4$"%&>$>*'.72"%5>%$.745)8.4*"%&$>').'>%+.%2>7.%+.%?>*2>*8"%$.24*+)2./.5.%>%+.<"''.%
+.%?>'"$.>5"%4%+.%<>//$.2>8.4*"%>''$>K"$74%5>%$.;>$>8.4*"L%5>%747'.')8.4*"%4%.5%$.?/4$74L%>%
+.72$"8.4*"%+"5%;$4+)''4$"%7'"774C%S>%&>$>*8.>%*4*%7.%"7'"*+"%>%+>**.%2>)7>'.%+>%
.*2.+"*'.L%"K"*'.%.?;$"K.7'.%B;$4/5"?.%2>)7>'.%+>%<)5?.*.L%>2_)>L%<)424%"22CGL%)74%4%
'$>7;4$'4%*4*%24*<4$?"L%?>*2>'4%$.7;"''4%+"55"%;$"72$.8.4*.%+.%7.2)$"88>%"W4%+.%
?>*)'"*8.4*"%4%+>%>5'$4%'.;4%+.%)74%4%?4+.<.2#"%+.K"$7.%+>%_)"55.%24*<4$?.C%%
05%;"$.4+4%+.%&>$>*8.>%;"$%.%24?;4*"*'.%74&&"''.%>+%)7)$>%"%5"%;>$'.%+.%24*7)?4%.*%2>74%
+.%)'.5.884%*4$?>5"%"%24*<4$?"%B>+%"7C%5>?;>+"L%/>''"$."L%;*")?>'.2.%"'2CG%+)$>%g%?"7.C%
S"%24*7"&)"*8"%+"55])'.5.884%_)4'.+.>*4%B&$><<.L%>??>22>?"*'.G%*4*%74*4%24;"$'"%+>%
&>$>*8.>C%%
S]4//5.&4%+.%&>$>*8.>%+>%;>$'"%+"5%$.K"*+.'4$"%7'>/.5.'4%;"$%5"&&"%*4*%K."*"%5.?.'>'4%
+>55>%;$"7"*'"%&>$>*8.>C%05%;"$.4+4%+.%&>$>*8.>%;)j%"77"$"%"7'"74%745'>*'4%7"%)*>%*4$?>%
+.%5"&&"%54%;$"K"+"C%U".%;>"7.%*".%_)>5.%5>%5"&&"%;$"72$.K"%)*>%&>$>*8.>%B4//5.&>'4$.>G%
"W4%)*>%+.7;4*./.5.'[%>%?>&>88.*4%+.%$.2>?/.%"W4%)*>%$"&45>?"*'>8.4*"%;"$%.5%$.?/4$74%
+".%+>**.L%K>5&4*4%5"%24*+.8.4*.%?.*.?"%7'>/.5.'"%+>55>%5"&&"C%05%7"$K.8.4%>77.7'"*8>%"%.5%
$.K"*+.'4$"%*4*%74*4%.*%>52)*%?4+4%$"7;4*7>/.5.%.*%2>74%+.%$.;>$>8.4*"%;"$%"K"*')>5.%
+>'.%4%.?;47'>8.4*.%7>5K>'"%7)5%;$4+4''4%+>55])'"*'"C%%%
E*2#"%+4;4%5>%72>+"*8>%+"5%;"$.4+4%+.%&>$>*8.>%f%;477./.5"%.*K.>$"%&5.%>;;>$"22#.%
+.<"''47.%>5%7"$K.8.4%+.%>77.7'"*8>%>%724;4%+.%$.;>$>8.4*"C%0*%_)"7'4%2>74%.%5>K4$.%+.%
$.;>$>8.4*"%K"$$>**4%"<<"'')>'.%>%;>&>?"*'4C%U"5%2>74%.*%2).%5>%$.;>$>8.4*"%4%.5%
;$"K"*'.K4%*4*%<477"$4%&$>').'.L%K"$$[%.*<4$?>'4%.*%>*'.2.;4C%