0123425678329*+,*-7*.2/7830*-7*12+3*
456758*9:*;5<=*>0-73*?@7A148B0*5*C7DE0*F*
CE0*>21G09*+13*HIJ*K*LMN
{P|POP*“RZbT*W*S‡`Sa`R*VT*UW[\R*_ZTYU^WZUT`P*“Zba`TU*]TZT* TSTVmbXST*Ua]WZXRZ*TR*WcXdXVR*T]U*T*TUUXYT_aZT*VR*SRY_ZT_R~* ˜Py*v*…U*gˆ_a`RU*Rs_XVRU*YR*Wc_WZXRZ*UWZ\R*SRYUXVWZTVRU*]TZT* OPOP*QR*STUR*VW*XYUSZX[\R*]RZ*^XT*]RU_T`*RU*VRSabWY_RU*
pXYU*VW*XYUSZX[\R*YR*SRYSaZUR~*VW^WYVR~*SRY_aVR~*UWZ*ZWSRYŒWSXVT* WcXdXVRU*YR*]ZWUWY_W*WVX_T`*VW^WZ\R*UWZ*WY^XTVRU*]TZTe*fW[\R*
WU_T*Y\R*UWZ‡*SRYUXVWZTVT*]TZT*pXYU*VW*TabWY_R*UT`TZXT`P
R*VXbWYUXRYTbWY_RP
UaT*W†aX^T`mYSXT*TRU*_ˆ_a`RU*SRYpWZXVRU*]W`T*Qwfq–
OP*utf*kQfiok‰Šwfe
{P|P„P*W`RSXVTVW*SZˆ_XSTP
ghSYXST*VW*iRbaYXST[jWU*VR*kYU_X_a_R*VW*lXRSXmYSXTU*VR*iTb]aU*
OP{ƒ*tU*XYUSZX[jWU*UWZ\R*ZWSWsXVTU*~*Wb*VXTU*r_WXU~*YR*]WZˆRVR* P*ut*¢tlkœkgt‰‹…~*iœtffk“kit‰‹…*w*uwfw‘qtgwe
{P|PyP*ghSYXSTU*SRYU_Za_X^TUP
VW*lR_aST_a*noWpe*iRYSaZUR*qrs`XSR*]TZT*qZRpWUURZ*tUUXU_WY_W*
VW*O‚zx{zOx{|*T*Ozx{zOx{|*YR*ŒRZ‡ZXR*VTU*™Œ*›U*{{Œ*W*VTU* P{*v*fWZ\R*SRYUXVWZTVRU*T]ZR^TVRU*RU*STYVXVT_RU*†aW*Rs_Xƒ uRa_RZ*v*wVX_T`*xyzOx{|}~*WYVWZW[Re*uXU_ZX_R*VW*oasX\R*aYXRZ~*
{P|P|P*uXbWYUXRYTbWY_RUP
{yŒ*›U*{˜Œ~*YT*fW[\R*ghSYXST*VW*iRbaYXST[jWU*VT*“TSa`VTVW* ^WZWb*bhVXT*XdaT`*Ra*Ua]WZXRZ*T*˜*nUW_W}~*]RZ*]W`R*bWYRU*O*nVRXU}* UzY€~*lR_aST_a*v*f\R*qTa`R~*iwq*{‚{ƒxxx*v*iTXcT*qRU_T`*|{xP
{P‚P*fkfgw‘tf*uw*owitœ»we
VW*‘WVXSXYT*VR*iŽb]aU*VW*lR_aST_a~*YR*uXU_ZX_R*VW*oasX\R* bWbsZRU*VT*iRbXUU\R~*YT*]ZR^T*VW*_ˆ_a`RU*W*YT*]ZR^T*VXV‡_XST– OP„P*…*STYVXVT_R*†aW*_X^WZ*XY_WZWUUW*YT*ZWVa[\R*VT*_TcT*
{P‚P{P*lRbsTU*ŒXVZ‡a`XSTU*VW*p`acRP
PO*ƒ*t*RZVWb*VW*S`TUUXpXST[\R*VRU*STYVXVT_RU*T]ZR^TVRU*
aYXRZzlR_aST_aP
{P‚POP*iaZ^TU*STZTS_WZˆU_XSTUP
XZRU*VXTU*VR*
UWZ‡*WU_TsW`WSXVT*Wb*paY[\R*VT*bTXRZ*bhVXT*pXYT`*Rs_XVTP V]WW*ZXˆYRUVSRZ*XV[\WR*X*YVUWS^ZXW[Z\‡R*~U*WUT*X_YXUUpSWZWX_^TWUZ**TYUR*WUc*xXdOm*YnVSRXTXUU}**V]RZ*XXbW
„P*i…Quk‰Šwf*qtot*kQfiok‰‹…e
{P‚P„P*tUURSXT[\R*VW*sRbsTUP
_Wb*|P
P„P*wb*STUR*VW*XdaT`VTVW*VT*]RY_aT[\R*pXYT`~*UWZ\R*T]`XSTƒ „P*i…Quk‰Šwf*qtot*kQfiok‰‹…
„P{P*qRVWZ\R*XYUSZW^WZƒUW*dZTVaTVRU*Wb*‘WVXSXYT–
{P‚PyP*œXbX_WU*VW*UaS[\RP
{P‚P|P*wUSR`ŒT*VW*bR_RZWU*W`h_ZXSRU*W*VXWUW`*]TZT*TSXRYTbWYƒ „POP*oWUXVmYSXT*‘hVXST*Wb*QWaZR]WVXT_ZXT~*SZWVWYSXTVT* VRU~*UaSWUUX^TbWY_W~*RU*UWdaXY_WU*SZX_hZXRU*VW*VWUWb]T_We
P{P*qRVWZ\R*XYUSZW^WZƒUW*dZTVaTVRU*Wb*SaZUR*Ua]WZXRZ~*†aW*
P„P{*ƒ*SRb*XVTVW*XdaT`*Ra*Ua]WZXRZ*T*‚x*TYRU~*YRU*_WZbRU*VT* _WYŒT„b~
]W`T*iRbXUU\R*QTSXRYT`*VW*oWUXVmYSXT*‘hVXST–
_R*VTU*sRbsTU*ŒXVZ‡a`XSTUP
YXbR~*_ˆ_a`R*VW*uRa_RZ~*Rs_XVR*Wb*SaZURU*VW*]Uƒ
pZWY_W*TRU*VWbTXU~*UWYVR*†aW* dZTVaT[\*YRR*Y*bˆ
{P‚P‚P*uXbWYUXRYTbWY_R*VW*UXU_WbTU*VW*ZWST`†aW~*bWSTYXUƒ „P„P*…U*VX]`RbTU*VW*dZTVaT[\R*SRb*^T`XVTVW*YTSXRYT`*Ra*RU* œUWWZX*‡“*WVVTWVZTT*`]*{ZWxpP˜WZym{YzSOXxTx*T„R~**WVYW_*ZXWV*TUVX*WW**bT
T*‡ZWT*VW*iXmYSXTU*lXR`dXSTU*nlR_ŽYXST}~*tdZRYRbXT*
XU*W`W^TVT–
Rs_XVRU*YR*Wc_WZXRZ*UWZ\R*TSWX_RU*]TZT*pXYU*VW*XYUSZX[\R–
bRU*VW*]ZR_W[\RP
R
a
*
‡
Z
W
T
U
*
T
p
X
Y
U
P

P
„
P
O
*
ƒ
*
‘T
X
R
Z
*
Y
R
_
T
*
R
s
_
X
V
T
*
Y
T
*
]
Z
R
^
T
*
V
X
V
‡
_
X
S
T
–
„
P
„
P
{
P
*
…U
*
V
X
]
`
R
bT
U
*
V
W
*
d
Z
T
V
a
T
[
\
R
*
R
s
_
X
V
R
U
*
Y
R
*
W
c
_
W
Z
X
R
Z
*
V
W
^
W
ƒ
OP*kookšt‰‹…*w*uowQtšw‘
POP*…*STYVXVT_R*WU_ZTYdWXZR*]RVWZ‡*XYUSZW^WZƒUW*YR*SRYƒ
Z\R*WU_TZ*ZW^T`XVTVRU*]RZ*YX^WZUXVTVWU*qrs`XSTU~*T_WYVWYVR*RU* P„P„*ƒ*bTXU*XVRUR*WY_ZW*T†aW`WU*SRb*XVTVW*XYpWZXRZ*T*‚x* SaZUR„*]
OP{P*tšokiœgot*kookštute
rs`XSR*SRb*]TUUT]RZ_W~*WY_ZW_TY_R~*]RZ*RSTUX\R*VT*
_WZbRU*VR*TZ_XdR*y*VT*œWX*VW*uXZW_ZXWU*W*lTUWU*VT*wVaST[\R* TYRUP
OP{P{P*qZXYSX]TXU*STZTS_WZˆU_XSTUP
_ZT_T[\R*VW^WZ‡*T]ZWUWY_TZ*T*ShVa`T*VW*XVWY_XVTVW*SRb*^XU_R*
Py*v*wb*^XZ_aVW*VR*YrbWZR*VW*^TdTU~*Y\R*UW*T]`XSTb*TR* S]RWYZbT
OP{POP*fX_aT[\R*T_aT`*W*]WZU]WS_X^TU*VT*XZZXdT[\R*ZWdXRYT`~* QTSXRYT`*v*œul*Y€*™P„™yz{™™‚–
Y
W
*^XU_R*
„P„POP*…U*VX]`RbTU*VW*‘WU_ZTVR*W*VW*uRa_RZTVR*UWZ\R* ]ZWUWY_W*SRYSaZUR*RU*VXU]RUX_X^RU*VT*œiP*‚„z™O*nZWUWZ^T*VW* _Wb]RZ‡ZYXR_W*WP**YiRT*U]RZ*TTXRY*VVTW**„Yx\*Rn_*Z]XYR_UTU}a*VTX~T*VU*WW^YW_ZZ‡W*dTT]Z*ZSWU]WXYT_*TUZXb]
YTSXRYT`*W*XY_WZYTSXRYT`P
`WU*
VWpXSXmYSXT*pˆUXST}P
OP{P„P*œXSWYSXTbWY_R*TbsXWY_T`*W*Ra_RZdT*]TZT*a_X`XT[\R* TSWX_RU~*†aTYVR*Rs_XVRU*Wb*SaZURU*VW*]UƒdZTVaT[\R*ZWSRbWYƒ ^TdT™U**Tv**]uWTU*UiRRTY*_SZRTb*
VR*]ZR_RSR`R*VR*]WVXVR*VW*_ZTYUpRZbT[\R*VR*^XU_R*_Wb]RZ‡ZXR*
_T[\R
VTVRU*]W`T*itqwf*W*Ta_RZXTVRU*]W`R*iRYUW`ŒR*QTSXRYT`*VW*
VW*ZWSaZURU*ŒˆVZXSRUP
W
b*
]
W
Z
bT
Y
W
Y
_
W
~
*
U
R
s
*
]
W
Y
T
*
V
W
*
Z
W
U
S
X
U
\
R
*
S
R
Y
_
Z
T
_
a
T
`
P
™
P
{
*
v
*
T
*
S
R
Y
_
Z
T
_
T
[
\
R
*
V
R
*
q
Z
R
p
W
U
U
R
Z
*
f
a
s
U
_
X
_
a
_
R
*
U
W
Z
‡
*
]
T
Z
T
*
R
*
w
V
a
S
T
[
\
R
*
n
i
Qw
}
–
OPOP*kQ“…o‘t‰Šwf*l”fkitf*t…f*qo…wg…f*uw*kookštƒ
fq*UWZ\R*TSWX_RU*]TZT*
„P„P„P*…U*VX]`RbTU*VW*‘WU_ZTVR*W*VW*uRa_RZTVR*Rs_XVRU*YR* ]WZXRVR*ZW`T_X^R*TR*{€*UWbWU_ZW*`W_X^R*VW*Ox{|~*Wb*’RZYTVT*VW* „P„P*…U*_ˆ_a`RU*Rs_XVRU*pRZT*VT*Qw
‰‹…e
R~*SRY_aVR~*UWZWb*ZWSRƒ
Wc_WZXRZ*UWZ\R*TSWX_RU~*VWUVW*†aW*WU_W’Tb*ZWSRYŒWSXVRU*W*ZWdXUƒ {O*ŒRZTU*UWbTYTXU*VW*_ZTsT`ŒR~*URs*R*ZWdXbW*’aZˆVXSR*VT*iœgP pYXŒYWU*SVXVWR*UXY*TURSZUX*[_\ˆ_Ra*`RYUR**SSRRYYpWSaZXZVURRU~**]VWW`^TW*YVQw
OPOP{P*owœt‰Šwf*f…œ…*ƒ*”šte
U_ZW*
U*]RZ*aYX^WZUXVTVWU*†aW*]RUUaTb*SaZURU*VW*]UƒdZTVaT[\R* ™POv*qRZ*RSTUX\R*VT*SRY_ZT_T[\R~*YWSWUUTZXTbWY_W~*R*STYVXƒ W*VW*uRa_RZ*Rs_XVRU*Wb*SaZURU*VW*]UƒdZTfVq~a*UTT[`\^RR~**RSZUW*VVWW*Y‘W
OPOP{P{P*oW`T[jWU*bTUUTƒ^R`abW*VRU*SRYU_X_aXY_WU*VR*UR`RP _ZZWTSVRRbW
SXTVRU*
YVTVRU*]W`T*itqwf*W*Ta_RZXTVRU*]W`R*iRYUW`ŒR*QTSXRƒ VT_R*SRY^RSTVR*VW^WZ‡*T]ZWUWY_TZ*VWS`TZT[\R*VW*sWYU*W*^T`RZWU* ZWda`TZbWY_WP*iTUR*R*_ˆ_a`R*Y\R*UW’T*ZWSRYŒWSXVR*]W`T*Qw
OPOP{POP*qR_WYSXT`*VT*‡daT*VR*UR`RP
f
q*R*
†aW*SRb]jWb*R*UWa*]T_ZXb•YXR~*YRU*_WZbRU*VR*TZ_XdR*{€*VR* VRSWY_W*_WZ‡*UWa*SRY_ZT_R*ZWUSXYVXVRP
aST[\R*niQw}P
OPOP{P„P*kYU_ZabWY_RU*]TZT*bWVXZ*R*]R_WYSXT`*VT*‡daT*W*T* YT`*V„WP*ywPV*…a
_ZTU*WcXdmYSXTU*†aTY_R*›*pRZbT[\R*W*T*Wc]WZXmYSXTP* uWSZW_R*y{P‚|~*VW*{‚ƒ‚ƒ™˜P
abXVTVW*VR*UR`RP
„
P
y
P
*
i
q
“
*
Z
W
d
a
`
T
Z
X

T
V
R
P
{
x
*
ƒ
*
u
t
f
*
u
k
f
q
…f
k
‰
Šw
f
*
šw
o
t
k
f
e
n
u
W
^
W
Z
\
R
*
U
W
Z
*
bR
_
X
^
T
V
T
U
*
]
R
Z
*
Z
T

j
W
U
*
_
h
S
Y
X
S
T
U
*
W
*
R
s
’
W
_
X
^
T
U
~
*
V
W
U
V
W
*
OPOP{PyP*oW_WY[\R*VW*‡daT*YR*UR`RP
‘wQg…f*Qwiwff”ok…f*qtot*t*kQfiok‰‹…
aW*daTZVWb*]WZ_XYmYSXT*SRb*T*paY[\R*T*UWZ*WcWZSXVT*W*UW* {xP{*ƒ*…*ZWUa`_TVR*pXYT`*VR*SRYSaZUR*UWZ‡*]as`XSTVR*YR*uX‡ƒ yyPP*{uP*…i
OPOP{P|P*uXU]RYXsX`XVTVW*VW*‡daT*YR*UR`R*]TZT*TU*]`TY_TUP †bR
oW†aWZXbWY_R*VXZXdXVR*TR*uXZW_RZ*VT*YXVTVW~*XYVXSTYVR*
ZXR*…pXSXT`*VR*wU_TVR*ƒ*u…w*ƒ*qRVWZ*wcWSa_X^R*ƒ*fW[\R*kP
U_ZWb*ZTR‡^WXU*URs*R*]RY_R*VW*^XU_T*’aZˆVXSR}P
OPOP{P‚P*‘R^XbWY_R*VW*‡daT*YR*UR`RP
Y
R
bW
*
S
R
b]
ZR*VT*ShVa`T*VW*XVWY_XVTVW~*VT_T*VW*YTUSXƒ
{
x
P
O
P
*
i
T
s
W
Z
‡
*
Z
W
S
a
Z
U
R
*
›
*
i
R
Y
d
Z
W
d
T
[
\
R
~
*
U
R
s
*
R
U
*
T
U
]
W
S
_
R
U
*
p
R
Z
bT
`
*
„
P
|
P
*
…*
S
T
Y
V
X
V
T
_
R
*
W
U
_
Z
T
Y
d
W
X
Z
R
*
]
R
V
W
Z
‡
*
X
Y
U
S
Z
W
^
W
Z
ƒ
U
W
*
Y
R
*
S
R
Y
ƒ
OPOP{P˜P*kYpX`_ZT[\R*VT*‡daT*YR*UR`Re*W†aT[jWU*W*bh_RVRU* SaZUR*]rs`XSR*SRb*]TUUT]RZ_W~*WY_ZW_TY_R~*]RZ*RSTUX\R*VT* W*`WdT`~*YR*]ZTR*VW*xO*nVRXU}*VXTU*r_WXU~*SRY_TVRU*VT*VT_T*VW* bWY_R~*pX`XT[`\WR_R~*~Y*YTr_abW
ZT`XVTVW~*WU_TVR*SX^X`~*ZWUXVmYSXT~*]ZRpXUU\R*W*
VW*VW_WZbXYT[\RP
*W`W_Z•YXSR~*XYU_ZaXYVRƒR*SRb*RU*UWdaXY_WU*VRSabWY_RU~*
SRY_ZT_T[\R*VW^WZ‡*T]ZWUWY_TZ*T*ShVa`T*VW*XVWY_XVTVW*SRb*^XU_R* ]as`XST[\R*VR*ZWUa`_TVR*pXYT`*VR*SRYSaZURP*t*iRYdZWdT[\R*_WZ‡*R* WSY]VXWTZUW*[URXb]
OPOPOP*owœt‰‹…*”št*ƒ*qœtQgte
`
W
U
e
_Wb]RZ‡ZXR*SRb*]ZTR*VW*^T`XVTVW*SRb]T_ˆ^W`P*iTUR*TXYVT*Y\R* ]ZTR*VW*xO*nVRXU}*VXTU*r_WXU*]TZT*ZWU]RYVWZ*R*ZWSaZUR*Xb]W_ZTVR~* yP{P{P*ShVa`T*VW*XVWY_XVTVW*Ra*ShVa`T*VW*XVWY_XVTVW*VW*
OPOPOP{P*QWSWUUXVTVW*VW*‡daT*VTU*Sa`_aZTUP
]RUUaT~*VW^WZ‡*T]ZWUWY_TZ*YR*]ZTR*VW*„x*n_ZXY_T}*VXTU~*S]XT* T*SRY_TZ*VR*]ZTR*pXYT`*]TZT*ZWSaZURP
OPOPOPOP*wU_XbT_X^T*VT*W^T]R_ZTYU]XZT[\RP
^XU_R*]WZbTYWY_W*Ra*_Wb]RZ‡ZXR*W*YT*pT`_T*
{xP„P*…*ZWUa`_TVR*pXYT`*VR*SRYSaZUR*]rs`XSR*UWZ‡*ŒRbR`Rƒ WU_ZTYdWXZR*SR]b*
UXb]`WU*VR*]ZR_RSR`R*VR*]WVXVR*VR*^XU_R*_Wb]RZ‡ZXRP
OPOPOP„P*oW†aWZXbWY_R*VW*‡daT*]TZT*XZZXdT[\RP
RZ_W~*YR*STUR*VW*STYVXVT_R*WU_ZTYdWXZR–
dTVR*]W`T*iRYdZWdT[\R*VT*“TSa`VTVW*VW*‘WVXSXYT*W*]as`XSTVR* VWU_Ty~P*{RP*O]PT*USURTb]
R*ZWdXU_ZTZ*TY_WSWVWY_WU*SZXbXYTXUP
OPOPOPyP*uW_WZbXYT[\R*VT*`ŽbXYT*`ˆ†aXVT*]TZT*XZZXdT[\R*W* „„PP‚˜PP**Q\
Z
R
^TY_W*VW*WU_TZ*Wb*VXT*SRb*TU*RsZXdT[jWU*
Y
R
*
u
…w
P
w
U
_
T
Z
*
S
R
b*
R
*
i
q
“
*
Z
W
d
a
`
T
Z
X

T
V
R
P
XY_WZ^T`RU*VW*XZZXdT[\RP
USa`XYR–
*qtot*kQfiowwoƒfw*…*itQukutg…*…*fw*qo…ƒ {xPyP*fWZ‡*W`XbXYTVR*VR*SRYSaZUR*]rs`XSR*R*STYVXVT_R*†aW* bX`X_TyZP{WUP„~*P†*UaWTZY*WV`RW*X_VRRZ**UWW*WcRU_*TbT
OPOPOP|P*‘TYW’R*VT*XZZXdT[\Re*bh_RVRU*†aW*a_X`XTb*R*]R_WYƒ oty*uƒ…o
T*aU_X[T*w`WX_RZT`–
*uwwo”~*Q…*tg…*ut*kQfiok‰‹…*tqowfwQgtoƒfw* Y\R*SRb]TZWSWZ*YT*UT`T*Ra*`RST`*VW*URZ_WXRz]ZR^T*YR*ŒRZ‡ZXR* yP{PyP*SRb]ZR^TY_W*VWZ**d†ZaTXV_Wa*TS[R\b*
SXT`*VT*‡daT*YR*UR`R–*bh_RVRU*sTUWTVRU*YT*abXVTVW*VR*UR`R–* i‘
R*Wb*SaZUR*Ua]WZXRZ~*sWb*
WU_TsW`WSXVRP
Qku…*uwe
bh_RVRU*S`XbT_R`dXSRU*W*bh_RVRU*pXUXR`dXSRUP
S
R
bR
*
V
W
*
U
W
Z
*
]
R
Z
_
T
V
R
Z
*
V
R
*
_
ˆ
_
a
`
R
*
V
W
*
u
R
a
_RZ*Ra*S]XT*VT*T_T*VW*
{
x
P
|
P
*
t
*
^
T
`
X
V
T
V
W
*
V
W
U
_
W
*
S
R
Y
S
a
Z
U
R
*
U
W
Z
‡
*
T
*
]
T
Z
_
X
Z
*
V
T
*
V
T
_
T
*
V
W
*
y
P
{
P
*
o
W
†
a
W
Z
X
bW
Y
_
R
*
V
X
Z
X
d
X
V
R
*
T
R
*
u
X
Z
W
_
R
Z
*
V
T
*

Y
X
V
T
V
W
~
*
X
Y
V
X
S
T
Y
V
R
*
OP„P*fkfgw‘tf*uw*kookšt‰‹…*q…o*fqwo“£ikwe
RbW*SRb]`W_R~*YrbWZR*VT*ShVa`T*VW*XVWY_XVTVW~*VT_T*VW*YTUSXƒ ]as`XST[\R*YR*u…w*VT*ŒRbR`RdT[\R*T_h*R*pXYT`*VR*UWbWU_ZW* VdWTpVWRU~T*Y*VTT*R*S_WTUUWX\~*RS*RVYTV*SXSRXRYY_ZTTV_TT[*T\*RTP]ZWUWY_T[\R*VR*_ˆ_a`R*ŒRbR`Rƒ
OP„P{P*i`TUUXpXST[\R*W*STZTS_WZˆU_XSTU*VRU*UXU_WbTU*VW*XZZXdTƒ YbW
Y_R~*pX`XT[\R~*YT_aZT`XVTVW~*WU_TVR*SX^X`~*ZWUXVmYSXT~*]ZRpXUU\R*W* `W_X^RP
[\R*]RZ*Ua]WZpˆSXWP
ZR^TY_W*VW*ZWSR`ŒXbWY_R*VT*_TcT*VW*XYUSZX[\R*YR*
WYVWZW[R*W`W_Z•YXSR~*XYU_ZaXYVRƒR*SRb*RU*UWdaXY_WU*VRSabWY_RU~* {xP‚P*Q\R*ŒT^WZ‡*VW^R`a[\R*VW*Xb]RZ_ŽYSXT*]TdT~*TXYVT*†aW* ^T`RZy*VPOWP**oi—R*b]
OP„POP*fXU_WbTU*VW*XZZXdT[\R*]RZ*Ua`SRUP
˜|~xx*T*UWZ*WpW_aTVT*bWVXTY_W*VW]UX_R*sTYS‡ZXR*v*
bTXRZ*Ra*Wb*Va]`XSXVTVW~*YWb*XUWY[\R*_R_T`*VW*]TdTbWY_R*VR*
RZXdXYTXU*W*S]XTU*UXb]`WUe
OP„P„P*fXU_WbT*VW*XZZXdT[\R*]RZ*pTXcTUP
yP{P{P*ShVa`T*VW*XVWY_XVTVW*W*YR*STUR*VW*STYVXVT_R*WU_ZTYƒ ^T`RZ*VT*_TcT*VW*XYUSZX[\R~*UW’T*†aT`*pRZ*R*bR_X^R*T`WdTVR~*WcSW_R* tTddWmYYSSXXTT**l|T|Y|S‚Rƒ*|V*Ri*RlYZ_TTU*X{`–„xy™Oƒ|*ƒ*Qwfqƒkll~*’aY_R*T*†aT`†aWZ*
OP„PyP*fXU_WbT*VW*XZZXdT[\R*]RZ*XYaYVT[\RP
dWXZRe*ShVa`T*VW*XVWY_XVTVW*VW*WU_ZTYdWXZR*SRb*^XU_R*_Wb]RZ‡ZXR* YRU*STURU*Wb*†aW*R*SRYSaZUR*]rs`XSR*Y\R*UW*ZWT`XTZP
OP„P|P*iZX_hZXRU*]TZT*VXbWYUXRYTbWY_RP
]ZWWYSŒXVTU*W*TUUXYTVTUe
{xP˜P*¤*VW*ZWU]RYUTsX`XVTVW*VR*STYVXVT_R*TSRb]TYŒTZ* yP„P*uWS`TZT[jWU*TS*UTWYZVWXb*
_T~*R*]TUUT]RZ_W–
OP„P‚P*t^T`XT[\R*VR*VWUWb]WYŒR*VW*UXU_WbTU*VW*XZZXdT[\R* W*YT*ypPT{`_POTP**VSWRUb]
VT_R*UW*SRb]ZRbW_W*T*T]ZWUWY_TZ*
ZR^TY_W*VW*WU_TZ*Wb*VXT*SRb*TU*RsZXdT[jWU* _RVTU*TU*]as`XST[jWU*YR*u…w~*ZWpWZWY_W*TR*]ZWUWY_W*SRYSaZURP qZR’Wy_PR„*PV{WP**qVWWU*††aaXUWT**RW*b*
]RZ*Ua]WZpˆSXWP
RYURYŽYSXT*SRb*R*q`TYR*š`RsT`*VW*t_Xƒ
{xPP*…*SaZZˆSa`R*VRSabWY_TVR*pXSTZ‡*›*VXU]RUX[\R*VRU*STYƒ ^XVTVWU~*ZW`T_X^R*TR*ZWdXSbW
bX`X_TZWU~*†aTYVR*VR*UWcR*bTUSa`XYR–
OPyP*fkfgw‘tf*uw*kookšt‰‹…*q…o*tfqwof‹…e
*VW*uWVXST[\R*kY_WdZT`*›*uRSmYSXT*W*
ZR^TY_W*VW*WU_TZ*†aX_W*SRb*T*aU_X[T*w`WX_RZT`– VXVT_RU*VaZTY_W*R*]ZTR*VW*^T`XVTVW*VWU_W*SRYSaZURP*t]U*WU_W* ›*qWU†aXUT*ƒ*oukuq~*VW^XVTbW
OPyP{P*i`TUUXpXST[\R*W*STZTS_WZˆU_XSTU*VRU*UXU_WbTU*VW*XZZXdTƒ yyPP{{PP„yPP**SqRRb]
Y_W*]ZR_RSR`TVR~*YR*]ZTR*b‡cXbR*
]ZTR~*UW*Y\R*ZW_XZTVR~*UWZ‡*VWUSTZ_TVRP
VWZ\R*XYUSZW^WZƒUW*dZTVaTVRU*Wb*‘WVXSXYT–
[\R*]RZ*TU]WZU\RP
_T*VW*UWa*WcWZSˆSXR–
yP{P|P*oWUXVmYSXT*‘hVXST*Wb*QWaZR]WVXT_ZXT~*SZWVWYSXTVT* {xP™P*…U*†aWU_XRYTbWY_RU*ZW`T_X^RU*T*STURU*RbXUURU*Ra* VW*„xy*Pn„_PZOXYP*_VTW}**V†XaTWU*~*RT**SSTRYYV_TXVZT*V_RT**V_WTb*
OPyPOP*iTZTS_WZˆU_XSTU*VRU*TU]WZURZWUP
SRYŒWSXbWY_R*VT*`WdXU`T[\R*
V
a
^
X
V
R
U
R
U
*
U
W
Z
\
R
*
’
a
`
d
T
V
R
U
*
]
W
`
T
*
i
R
bX
U
U
\
R
*
w
c
T
bX
Y
T
V
R
Z
T
*
R
a
*
t
V
bX
ƒ
]
W
`
T
*
i
R
bX
U
U
\
R
*
QT
S
X
R
Y
T
`
*
V
W
*
o
W
U
X
V
m
Y
S
X
T
*
‘h
V
X
S
T
–
OPyP„P*iRWpXSXWY_WU*VW*aYXpRZbXVTVW*W*XYVXSTVRZWU*VW*WpXƒ yPOP*SRb]ZR^TY_W*VW*ZWSR`ŒXbWY_R*VT*_TcT*VW*XYUSZX[\R~* YXU_ZT[\R*VT*YXVTVWP
Wb*^XdRZ*YT*Qwfq~*Wb*WU]WSXT`*URsZW*ZWdXbWU*VW*_ZTsT`ŒR*
SXmYSXTP
V
R
S
W
Y
_
W
*
n
o
u
k
u
q
z
o
g
i
}
P
YR*^T`RZ*VW*o—*˜|~xx*ZWSR`ŒXVT*YR*lTYSR*VR*lZTUX`~*TdmYSXT* {xP{xP*t*XYUSZX[\R*Xb]`XSTZ‡*YR*SRYŒWSXbWY_R*VWU_W*wVX_T`*W* yPyP*iaZZXSa`ab*^X_TW*nbRVW`R*]`T_TpRZbT*œT__WU}*VTU*T_X^Xƒ
OPyPyP*fXU_WbTU*SRY^WYSXRYTXU*VW*TU]WZU\RP
ZRbXUUR*VW*TSWX_T[\R*VTU*SRYVX[jWU*VR*SRYSaZUR~*T†aX*
OPyP|P*fXU_WbTU*VW*XZZXdT[\R*]RZ*TU]WZU\R*Ta_R]ZR]W`XVRP |i|R|Y‚Saƒ|ZU*vR*Ui–zi*{„x{|ƒ„*v*Qwfqz“TSa`VTVW*VW*‘WVXSXYTziRY_T* YWUR_*TSsRWb]
VTVWU*ZWT`XTVTU~*Wb*‚*nUWXU}*^XTU~*UWYVR*abT*VW`TU*VW^XVTbWY_W*
`WSXVTUP
OPyP‚P*fXU_WbTU*SRb*VWU`RSTbWY_R*ZTVXT`*]X^•*SWY_ZT`P
Y_TVT*nXYS`aUX^W*SRb*R*ŒXU_ZXSR*WUSR`TZ*ƒ*dZTVaT[\R*W*
^X_TW*T_aT`XTVR~*XYS`aUX^W*SRY_WYVR*R*ŒXUƒ {xP{{P*…*STYVXVT_R*UWZ‡*ZWU]RYU‡^W`*]RZ*†aT`†aWZ*WZZR~* V]RSUƒadbW
OPyP˜P*t^T`XT[\R*VR*VWUWb]WYŒR*VW*ab*UXU_WbT*VW*XZZXdT[\R* _ZXSRy*P„WPU*SSRa`ZTZZX~S*aT`*a]b*
R*†aT`*UW’Tb*XYVXSTVRU*RU*_ZTƒ
TZ_XZ*VR*iaZUR*VW*šZTVaT[\R~*Wb*†aT_ZR*^XTU~* RbXUU\R*W*]W`TU*XYpRZbT[jWU*]ZWU_TVTU*YR*T_R*VT*XYUSZX[\RP sT`ŒRZUT*]VaasT`[XS\TRV*RVUR**WS*T_RYVVTXVU*TT_UR*}V*WYbT
]RZ*TU]WZU\RP
XU*XYpRZbT[jWU*†aW*]WZbX_Tb*
{
x
P
{
O
P
*
…*
S
T
Y
V
X
V
T
_
R
*
†
a
W
*
]
Z
W
U
_
T
Z
*
V
W
S
`
T
Z
T
[
\
R
*
p
T
`
U
T
~
*
X
Y
W
c
T
_
T
*
U
W
Y
V
R
*
a
bT
*
V
W
`
T
U
*
V
W
^
X
V
T
bW
Y
_
W
*
S
R
b]
Z
R
^
T
V
T
U
P
OPyPP*iZX_hZXRU*]TZT*VXbWYUXRYTbWY_RP
WU*WU_TsW`WSXVTU* STsT`*T^T`XT[\R*VR*bhZX_R*VR*STYVXVT_RP
yPyP*QR*STUR*VW*XYUSZX[\R*]RZ*]ZRSaZT[\R*VW^Wb*UWZ*T]ZWƒ RYaWU~*_TWX*YwVVTX~_*T†`a~*W_W*YZ‡\*RU*aUTT_*XXUYpUTS[ZTX[*\TR*_*RSVTTYUS*WT`UT*VSRTY~*VWX*[Wjb*
OP|P*fkfgw‘tf*uw*kookšt‰‹…*œ…itœkªtute
RSabWY_RU*VW*bTYVT_R~*VW*XVWY_XVTVW*VR*]ZRSaZTƒ TYa`TVRU*_RVRU*RU*T_RU*VW`T*VWSRZZWY_WU~*bWUbR*S†RaYWU*WT†]¡ZRm^YTSVXTR~** yP|P*qZR’W_R*VW*qWU†aXUT*Wb*‚*^XTU*XYUWZXVR*Wb*abT*VTU*
OP|P{P*i`TUUXpXST[\R*W*STZTS_WZˆU_XSTU*VRU*UXU_WbTU*VW*XZZXƒ UVWRYZ*_WT*VSRU]*XRTU**UVXb]
UWdaXY_WU*‡ZWTUe*‘RZpR`RdXT*WdW_T`*W*“XUXR`RdXT*WdW_T`*T*UWZ*
`WU*VT†aW`WU*ZW`TSXRYTVRU*YRU*X_WYU*yP{P*TR*yP„P
dT[\R*`RST`XTVTP
*SRYU_T_TVR*]RU_WZXRZbWY_WP
VWUWY^R`^XVR*]W`R*VRSWY_W*YRU*„*]ZXbWXZRU*TYRU*UWdaXY_WU*T*UaT*
yP|P*…*STYVXVT_R*WU_ZTYdWXZR*pXST*VXU]WYUTVR*VTU*WcXdmYSXTU* W*†aW{*xRP*{U„WP’*T…U
OP|POP*fXU_WbT*VW*XZZXdT[\R*]RZ*dR_W’TbWY_RP
*X_WYU*VWU_W*wVX_T`*]RVWZ\R*URpZWZ*W^WY_aTXU*T_aTƒ SRY_ZT_T[\RP*…*]ZR’W_R*VW^WZ‡*UWZ*T]ZWUWY_TVR*YRU*bR`VWU*VW*
SRY_XVTU*YRU*UasX_WYU*yP{PO*W*yP{P„P
OP|P„P*fXU_WbT*VW*XZZXdT[\R*]RZ*bXSZRTU]WZU\RP
VT*›*]ZR^XVmYSXT* TdmYSXTU*VW*pRbWY_RU*npRY_WU*_XbWU*YWž*oRbTY~*_TbTYŒR*{O~*
uw“wok‘wQg…*w*kQuw“wok‘wQg…*uw*kQfiok‰Šwf `RXaT*W[j^WWYU*_RRa*†*ZaWW_X*p`XŒSWTU[*jVWXUU~U*WWZY*†ZWaUT]YW_XR_R*Y~*\SRXZ*SSaRYYUU_aŽbT
OP|PyP*t^T`XT[\R*VR*VWUWb]WYŒR*VW*ab*UXU_WbT*VW*XZZXdT[\R* ||ƒP{*u*v…*
YSXT*†aW*UWZ‡*bWYƒ WU]T[R*Va]`R~*SRb*YR*b‡cXbR*Ox*]‡dXYTU~*SRY_WYVR*RU*X_WYUe*
*fWZ‡*]as`XSTVT~*YR*u…w~*T*ZW`T[\R*VRU*STYVXVT_RU*†aW*
`RST`XTVTP
*Wb*wVX_T`*Ra*t^XUR*T*UWZ*]as`XSTVR*YR*u…wP
XY_ZRVa[\R*W*’aU_XpXST_X^T~*Rs’W_X^RU~*bT_WZXTXU*W*bh_RVRU~*SZRYRƒ
_X^WZTb*UaTU*XYUSZX[jWU*XYVWpWZXVTU*]RZ*Y\R*UW*WY†aTVZTZWb*YTU* SXRYTqVoT…šo
OP|P|P*iZX_hZXRU*]TZT*VXbWYUXRYTbWY_RP
t‘t*ut*qo…t*uku”gkit
WcXdmYSXTU*WU_TsW`WSXVTU*YR*]ZWUWY_W*WVX_T`P
dZTbT*VW*WcWSa[\R*W*ZWpWZmYSXTU*sXs`XRdZ‡pXSTU}P
OP‚P*uowQtšw‘*uw*gwootf*tšo£i…œtfe
STYVXVT_R*]RVWZ‡*ZW†aWZWZ~*YR*]ZTR*VW*xO*nVRXU}*VXTU* `dXS{Tƒ**VuTW*XUYWpYŽ^YRSX`T^X–bWY_R*YWaZR]UXSRbR_RZ*W*UWbXR`RdXT*YWaZRƒ yP‚P*QR*STUR*VW*XYUSZX[\R*]RZ*]ZRSaZT[\R*VW^Wb*UWZ*T]ZWƒ
OP‚P{P*i`TUUXpXST[\R*W*STZTS_WZˆU_XSTU*VRU*UXU_WbTU*VW*VZWƒ r_WXU|~*PSORP*Y…*
_TVRU*VT*VT_T*VT*]as`XST[\R*T*†aW*UW*ZWpWZW*R*X_Wb* Oƒ*w]X`W]UXT*YT*XYpŽYSXT*W*TVR`WUSmYSXT–
UWY_TVRU*RU*VRSabWY_RU*VW*bTYVT_R~*VW*XVWY_XVTVW*VR*]ZRSaZTƒ
YTdWbP
TY_WZXRZ~*ZWSRYUXVWZT[\R*†aTY_R*TR*XYVWpWZXbWY_R*VW*UaT*XYUSZXƒ „ƒ*iWpT`hXT*YT*XYpŽYSXT*W*TVR`WUSmYSXT–
VRZ*W*T†aW`WU*ZW`TSXRYTVRU*YRU*X_WYU*yP{P*TR*yPyP
OP‚POP*gX]RU*VW*VZWYRUP
[\R~*†aW*UWZ‡*T]ZWSXTVT*]W`T*iRYdZWdT[\R*YR*]ZTR*b‡cXbR*VW* yƒ*wYSWpT`R]T_XTU*XYpTY_XU*TdaVTU*W*SZ•YXSTU~*]ZRdZWUUX^TU* yP‚P*…*STYVXVT_R*WU_ZTYdWXZR*pXST*VXU]WYUTVR*VTU*WcXdmYSXTU*
OP‚P„P*tU]WS_RU*TbsXWY_TXU*W*`WdTXUP
xO*nVRXU}*VXTU*r_WXU~*SRY_TVRU*T*]TZ_XZ*VR*]ZTR*pXYT`*VW*ZWSaZURP W*Y\R*]ZRdZWUUX^TU–
SRY_XVTU*YRU*UasX_WYU*yP{PO*W*yP{P„P
lklœk…šot“kt
‚
ƒ
*
o
w
u

‰
‹
…*
u
t
*
g
t
Ÿ
t
*
u
w
*
k
Qf
i
o
k
‰
‹
…*
v
*
œ
w
k
*
{
O
P
˜

O
z
O
x
x
˜
*STUR*VW*XYUSZX[\R*^XT*]RU_T`*T*VT_T*VW*]RU_TdWb*
tªwwu…*Qwg…~*P‘P~*W_*T`P*‘TYaT`*VW*¢XVZ‡a`XSTP*¼*WVX[\R~* ‚P{*v*t*ZWVa[\R*VR*^T`RZ*VT*_TcT*VW*XYUSZX[\R~*SRZZWU]RYVWYƒ |ƒ*qZRSWUURU*XYpWSSXRURU*WY^R`^WYVR*VXZW_T*Ra*XYVXZW_TbWYƒ VW^WyZ‡P˜*PU*WQR
Z*T_h*R*r`_XbR*VXT*VW*XYUSZX[\R*]ZW^XU_R*YR*UasX_Wb*
wP*wVdTZV*l`¡SŒWZe*f\R*qTa`RP*{™™P
_WbT*QWZ^RUR–
nSXY†aWY_T*]RZ*SWY_R}~*UWZ‡*SRYSWVXVT*TRU*STYVXVT_RU* _W*R*‚fXƒU*QW
O
P
{
P
*
t
U
*
X
Y
U
S
Z
X
[jWU*†aW*SRYU_TZWb*VT_T*VW*]RU_TdWb*]RU_WZXRZ*TR*
lwoQtou…~*fP–*f…towf~*tPtP–*‘tQg…tQk~*wPiP*‘TYaT`*VW* _XYW_*WTZ*W|UxU *
aZR]`TU_XSXVTVW–
TVRU*†aW*T_WYVTb~*i‘œtgkt‘wQgw~*RU*UWdaXY_WU*
*VXT*VW*XYUSZX[\R*Y\R*UWZ\R*TSWX_TUP
kZZXdT[\RP*wVP*“e*X[RUT~*‘šP*Oxx|P*‚{{]P
USa`TZWU*VT*XYpŽYSXT*W*TVR`WUSmYSXT– r`_XbR
…s
U
e
*
…U
*
bRVW`RU*VW*ZW†aWZXbWY_R*W*VW*VWS`TZT[jWU*T*UWZWb*
itotœ¢…~*PtP*¢XVZ‡a`XST*s‡UXSTP*kYe*kZZXdT[\RP*R`PO~*fRSXWƒ ZW†aXkUƒ*X_ƒR*UUWe’Tb*WU_aVTY_WU~*TUUXb*SRYUXVWZTVRU*RU*†aW*UW*WYSRYƒ ˜ƒƒ**u¢RX]WWYZ[_TWUY*UY\WRa*ZXRYƒ_ba
*pXYU*VW*XYUSZX[\R*
VTVW*lZTUX`WXZT*VW*wYdWYŒTZXT*tdZˆSR`T~*TsR_XSTsT`e*f\R*qTa`RP* _ZWb*ZWda`TZbWY_W*bT_ZXSa`TVRU*Wb*SaZUR*Ua]WZXRZ~*Wb*Yˆ^W`*VW* p‡`XSR*YT*XYpŽYSXT– ZTƒSZTYXTYT*W*_ZTabT_XUbR*SZŽYXRƒWYSWƒ ]WUZW_TWZY\SRŒ*XVVRXUU]*RWY*Tˆ^UWUXXUY*TYVRR*UW*Y]VWW`RZW*S[TRY*VW`XWV_TZ_•RY*X]STRZ*TžžžP
XssPaYWU]PsZP*
qP*{ƒ{x‚P*Oxx„P
™
ƒ
*
i
R
b]
`
X
S
T
[
j
W
U
*
Y
W
a
Z
R
`

d
X
S
T
U
*
Y
W
R
Y
T
_
T
X
U
–
d
Z
T
V
a
T
[
\
R
*
R
a
*
]

U
ƒ
d
Z
T
V
a
T
[
\
R
P
nQR*bWYa*]ZXYSX]T`~*X_Wb*SRYSaZURU}P
i…œ…‘l…~*tP*qX^•*SWY_ZT`P*kYe*kZZXdT[\RP*R`PO~*fRSXWVTVW* kkƒ*ƒ*qWZSWsTb*ZWbaYWZT[\R~*bWYUT`~*XYpWZXRZ*T*O*nVRXU}* {xƒ*gZTYU_RZYRU*VW*T]ZWYVXTdWbP
|
P
*
o
w
u

‰
‹
…*
u
t
*
g
t
Ÿ
t
*
u
w
*
k
Qf
i
o
k
‰
‹
…*
v
*
œ
w
k
*
{
O
P
˜OzOxx˜
lZTUX`WXZT*VW*wYdWYŒTZXT*tdZˆSR`T~*TsR_XSTsT`e*f\R*qTa`RP*qP* UT`‡ZXRU*bˆYXbRU~*Ra*WU_W’Tb*VWUWb]ZWdTVRUP
lklœk…šot“kt
P{P*t*ZWVa[\R*VR*^T`RZ*VT*_TcT*VW*XYUSZX[\R~*SRZZWU]RYVWY_W*
Ox™ƒO|P*Oxx„P
k‘tQ~*¦P“P–*tf¢¥tœ~*fP–*“wookwo…~*uP‘P*qWVXT_ZXS* T*|x| *
nSXY†¡WY_T*]RZ*SWY_R}~*UWZ‡*SRYSWVXVT*TRU*STYVXVT_RU*
ioiktQk~*uPwP*t*uZWYTdWb*YT*tdZXSa`_aZTP*wVP*QRsW`e*f\R* UWY_T‚[PO\R*v~**]tW*`SRR*SYTSYWVUUXV\TR_*RV~T*Y*ZRW*VTa_R[*\VRT**pXXYSUTSZZ‡X[*S\RRYeVXSXRYTVT*T*T]ZWƒ QWaZfR¥t
`
R
d
§
e
*
q
Z
X
Y
S
X
]
`
W
U
*
¨*
q
Z
T
S
_
X
S
W
P
*
y
T
*
W
V
X
_
X
R
Y
~
*
q
Œ
X
`
T
V
W
`
]
Œ
X
T
~
*
q
t
*
~
*
XY_WZWUUTVRU*†aW*T_WYVTb~*i‘œtgkt‘wQgw~*RU*UWdaXY_WU*
qTa`RP*{™‚P*„„˜]P
l©ƒ*w`UW^XWZ~*Oxx‚P
“okªª…Qw~*PtP–*“owkgtf~*qPfPœP–*owªwQuw~*oP–*“tokt~*‘PtP* kƒ*ƒ*†aTY_R*‡*SRb]YZ_RR^UTe[\R*VT*SRYVX[\R*VW*WU_aVTY_W~*VW*ab* WVP*‘…f
i©qwœ~*fP–*‘lwogkQt~*P*iP–*ukt‘wQg~*tP*P*QWaZR`RdXT* ZW†aXkU*ƒX_*RUWUe’Tb*WU_aVTY_WU~*TUUXb*SRYUXVWZTVRU*RU*†aW*UW*WYSRYƒ
‘XSZRXZZXdT[\Re*šR_W’TbWY_R*W*‘XSZRTU]WZU\RP*wVaWbe*‘TZXYd‡~* VRU*UTW}d*aƒ*XYSW_WZ_UX*VV\RRS*aRbW
k
Y
p
T
Y
_
X
`
P
*
|
T
*
W
V
X
[
\
R
~
*
f
\
R
*
q
T
a
`
R
~
*
W
V
P
*
t
_
Œ
W
Y
W
a
~
*
O
x
{
x
P
a
*
V
W
S
`
T
Z
T
[
\
R
~
*
W
c
]
W
V
X
V
T
*
]
R
Z
*
X
Y
U
_
X
_
a
X
[
\
R
*
V
W
*
_ZXSa`TVRU*Wb*SaZUR*Ua]WZXRZ~*Wb*Yˆ^W`*VW*
qoP*Ox{OP*„|‚]P
*tP–*škuwggk~*P*iWpT`hXT*YT*kYpŽYSXT*W*tVR`WUƒ _ZWb*ZWda`TZbWY_UWƒ*dbT
ZTVaT[\RP
š…‘wf*“kœ¢…~*oPoP*W_*T`P*¢XVZ‡a`XST*t]`XSTVT*›U*iXmYSXTU* WYUXYsR}**ƒ]*rSTsZ`X_SWTXZ*TR*aV*W]*ZXXV^WTYV_TXV–TVW*WU_aVTY_X`*Ra*VRSabWY_R*UXbX`TZ~* SmYSXtToP*o{T*uWtVX~[*‘P
\R~*oXsWXZ\R*qZW_R~*WVP*kYU_X_a_R*šœkt~*Oxx˜P dZTVkak*T[ƒ*\]RW*RZSaW*]sTb*
ZWbaYWZT[\R~*bWYUT`~*XYpWZXRZ*T*xO*nVRXU}*
tdZ‡ZXTUP*wVX_RZT*tbhZXSTzwše*šRXŽYXT~*š…P*Ox{„P*O|„]P
‘t
Qo
w
ª
t
~
*
‘P
œ
P
š
P
*
W
_
*
T
`
P
*
w
]
X
`
W
]
U
X
T
*
Y
T
*
X
Y
p
Ž
Y
S
X
T
*
W
*
Y
T
*
T
V
R
`
W
U
ƒ
W
c
]
W
V
X
V
R
*
]
R
Z
*
X
Y
U
_
X
_
a
X
[
\
R
*
V
W
*
W
Y
U
X
Y
R
*
]
r
s
`
X
S
T
*
R
a
*
]
Z
X
^
T
V
T
~
*
R
a
*
]
R
Z
*
YXbRU~*Ra*WU_W’Tb*VWUWb]ZWdTVRUP
¦wœœwo~*P*¨*lœkwfQwo~*oPuP*f]ZXY½`W*XZZXdT_XRYP*tk*lRR½e* WY_XVTVW*VW*ZW]ZWUWY_T[\R*VXUSWY_W–
SmYSXTP*{T*WVX[\R~*f\R*qTa`R~*œWbRU*WVX_RZXT`*W*šZ‡pXSRU*œ_VT~* UT`‡Z|XRPOU*P*bˆ
t*SRYSWUU\R*VT*ZWVa[\R*pXSTZ‡*SRYVXSXRYTVT*›*T]ZWUWYƒ
QWž*©RZ½P*‚|O]P*{™™xP
_R~*YR*T_R*VT*XYUSZX[\Re
œwQitfgow~*‘P*‘TYaT`*VW*¢XVZ‡a`XST*šWZT`P*wP*l`¡SŒWZe* ‚P{*VkWkkUƒ*_ƒW**†waVTX_YT_`Re*‡U*SXZSaYU_ŽYSXTU*]ZW^XU_TU*YR*XYSXUR*kk*VR*X_Wb* Oxx„oP…ggt~*QPgP*oP–*…¢œ¥wkœwo~*œP–*okwfš…~*oP*fP*gZTYU_RZYRU*VT* _T[\Rk*~ƒ**]†Wa`RT*YS_TRY*›V*XSVRTb]
fqP*{™˜OP
*TsRZVTdWb*YWaZRsXR`dXST*W*ba`_XVXUSX]`XYTZP*{T* VRU*UWdaXY_WU*VRSabWYZR_R^TUe[\R*VT*SRYVX[\R*VW*WU_aVTY_W~*VW*ab*
ZR^TY_W*VW*ZWYVT~*Ra*VW*VWS`TZT[\R~*]RZ*WUSZX_R~*VT* tWV]XZ[W\YRV~*XqRTdZ_WRbƒ
‘tikQg©ow~*tPfP*lRbsTU*W*kYU_T`T[jWU*VW*lRbsWTbWY_RP* SRYVTX[}\*ƒR*S*RVb]
*
t
`
W
d
Z
W
~
*
W
V
P
*
t
Z
_
bW
V
~
*
O
x
x
‚
P
W*VWUWb]ZWdTVR–
wP*šaTYTsTZT*v*uRXUe*oXR*VW*TYWXZRP*{™xP
*P*œP–*š…Q‰tœwf~*P*‘P*šP–*QWaZR`RdXT* T}*SWZ_XV\R*Ra*VWS`TZT[\R~*Wc]WVXVT*]RZ*XYU_X_aX[\R*VW*WYUXƒ
fe*…*STYVXVT_R*VW^WZ‡*T]ZWUWY_TZ*RU*VRSabWY_RU*RZXdXƒ ‘…otƒoklwYk_oR…*V~*‘P
qwowkot~*šP‘P*tU]WZU\R*SRY^WYSXRYT`P*kYe*kZZXdT[\RP*R`PO~* *…l
T*SZXTY[TP*OT*WVX[\R~*oXR*VW*TYWXZR~*WVP* YR*]rss}*`SXSTTZ_*RWXaZ*T]*ZVX^WT*XVVTW–Y_XVTVW*WU_aVTY_X`*Ra*VRSabWY_R*UXbX`TZ~*
sWb*SRbR*TU*ZWU]WS_X^TU*S]XTU*]TZT*SRYpWZmYSXT*W*WY_ZWdT* VoRW*^VXYW_UWWZ~Y*O^Rx`x^™XbW
fRSXWVTVW*lZTUX`WXZT*VW*wYdWYŒTZXT*tdZˆSR`T~*TsR_XSTsT`e*f\R* YVTTUXU*~bW
P
UbTU~*]TZT*]RU_WZXRZ*TY‡`XUWP*tU*S]XTU*T]ZWUWY_TVTU*Y\R* “Qt©t‘t~*iP*tP*oP*wcTbW*YWaZR`dXSR*VT*SZXTY[TP*{T* Wc]WVXVR*]RZ*XYU_X_aX[\R*VW*WYUXYR*]rs`XST*Ra*]ZX^TVT~*Ra*]RZ*
qTa`RP*qP*{x˜ƒ{˜P*Oxx„P
`^XVTUP
WY_XVTVW*VW*ZW]ZWUWY_T[\R*VXUSWY_W–
qwowf~*PšP*¢XVZ‡a`XST*tdZˆSR`TP*…*Ta_RZe*qXZTSXSTsT~*fqP* UWZ\R‚*PV„W*^vR*…*
wi~*OxxyP
STYVXVT_R*†aW*_X^WZ*XY_WZWUUW*YT*ZWVa[\R*VT*_TcT* WVX[\R~*oXsf~W*¦XZP\*œRP**qqZTWV_ZRj~*WWUV*ZP*W“SRQq
Oxx‚P*„˜˜]P
YŒWSˆ^WXU*VW*bT`pRZbT[jWU*SRYdmƒ |P{P*VkkW*ƒU*_†Wa*wTVYX__RT*`e›U*SXZSaYU_ŽYSXTU*]ZW^XU_TU*YR*XYSXUR*kk*VR*X_Wb*
V
W
*
X
Y
U
S
owki¢toug~*¦P*t*”daT*Wb*fXU_WbTU*tdZˆSR`TUP*‘TYR`We*f\R* VW*XYUSZZXX[[\\RRP~*VW^WZ‡*UW*XYUSZW^WZ*YR*]ZXbWXZR*VXT*VR*]WZˆRVR* YX_TUP*…Qw
‚
T
*
W
V
X
[
\
R
~
*
f
\
R
*
q
T
a
`
R
~
*
W
V
P
*
w
`
U
W
^
X
W
Z
~
*
O
x
x
˜
P
T}*SRb]ZR^TY_W*VW*ZWYVT~*Ra*VW*VWS`TZT[\R~*]RZ*WUSZX_R~*VT*
qTa`RP*{™™xP*{]P
«¬­®¯®°®±*²³*´¯±µ¯¶¬µ¯·­
ZRsTƒ *
SRYVX[\R*VW*VWUWb]ZWdTVRP
owki¢toug~*¦P–*gk‘‘~*œP*iP*fR`R~*]`TY_T*W*T_bRUpWZTe*SRYƒ ‚Py*v*…*ZWSWsXbWY_R*W*TY‡`XUW*VRU*VRSabWY_RU*SRYb]
XST[jWU* *wukgtœ*QR*xyzOx{|*ƒ*fguto¢zkll
UPe*…*STYVXVT_R*VW^WZ‡*T]ZWUWY_TZ*RU*VRSabWY_RU*RZXdXƒ
SWX_RU~*]ZRSWUURU*W*T]`XST[jWUP*OTP*WVP*P*{P*‘TYR`We*lTZaWZX~*fqP* _VTZ*XRUY*XVUWTZV\WR~**T]]ZRUS*W^VWXZVXpRXUS*T][\WR`T**VfTW*T[\aR_W*Ygh_XSSYXVXSTTV*WV*WT**ViRRSba
abWY_T[\R* wU_TZ\R*TsWZ_TU~*YRU*_WZbRU*VR*uWU]TSŒR*Y€|„|z{yƒqotV*VW* *…s
sWb*SRbR*TU*ZWU]WS_X^TU*S]XTU*]TZT*SRYpWZmYSXT*W*WY_ZWdT*
OxxP*yx*]P
ZWUWY_TVT*UWZ‡*WYSTbXYŒTVT*›*fW[\R*ghSYXST*VW*uWUWY^R`ƒ {Oz{OzOx{y~*]as`XSTVR*Wb*{„z{OzOx{y*W*SRb*sTUW*YR*wU_T_a_R* YVTTUXU*~bW
UbTU~*]TZT*]RU_WZXRZ*TY‡`XUWP*tU*S]XTU*T]ZWUWY_TVTU*Y\R*
okgªw‘t~*¢PqP*uZTXYTdWe*]ZXYSX]`WU*TYV*T]]`XST_XRYUP*kœok* T^X]bW
Y
_
R
*
W
*
t
V
bX
Y
X
U
_
Z
T
[
\
R
*
V
W
*
o
W
S
a
Z
U
R
U
*
¢
a
bT
Y
R
U
*
]
T
Z
T
*
T
Y
‡
`
X
U
W
P
W
*
o
W
d
X
bW
Y
_
R
*
šW
Z
T
`
*
V
T
*

Y
X
^
W
Z
U
X
V
T
V
W
*
w
U
_
T
V
a
T
`
*
q
T
a
`
X
U
_
T
*
¸

a
`
X
R
*
V
W
*
qas`XST_XRY*{‚~*OYV*wVP*¥TdWYXYdWY~*gŒW*QW_ŒWZ`TYVUP*{™™yP
fq*Y€*™zOxx„* UWZ\R*VW^R`S^TXVYTVUXPVT_R*†aW*_X^WZ*XY_WZWUUW*YT*ZWVa[\R*VT*_TcT*VW*
fitœ…qqk~*wPP*kZZXdT[\R*]RZ*Ua]WZpˆSXWP*kYe*kZZXdT[\RP*R`PO~* ‚P|*v*…*VWpWZXbWY_R*Ra*XYVWpWZXbWY_R*VTU*UR`XSX_T[jWU*VW* ‘WU†aX_T*“X`ŒR¹~*sWb*SRbR*YUTS*ZoX[WjUWRU`*aY[R\*RS*RYQw
SaZUR*]rs`XSR*VW* XYUSZ|X[P\„RP*~…*
fRSXWVTVW*lZTUX`WXZT*VW*wYdWYŒTZXT*tdZˆSR`T~*TsR_XSTsT`e*f\R* ZXYWUVSaZ[X[\jRW*UV*TY*R_T*VcXTT**VOW˜*zXxY{USzOZXx[{\|R~**UTW*Z]‡T*ZV_XXUZ]*VRTYUXs*{X`{X*TŒVRRZT*YU*RW*~`*RYSRT*`S*TVUTRU** Wg*ˆ_Ta``_RWUZ*TW[*jqWZRU*^]TRU*U]_WTZZXTR*Z]WZUW~*WTYUS*ŒXYXbW
*VW^WZ‡*UW*XYUSZW^WZ*YRU*xO*nVRXU}*]ZXbWXZRU*VXTU*VR*
Y
_
R
*
V
W
*
x
{
*
W
b]
Z
WdR*]rs`XSR*VW*
qTa`RP*qP*„{{ƒyxyP*Oxx„P
W*XYUSZX[\RP
*XYVWpWZXbW_R~*R*]ZTR*]TZT*XY_WZ]RUX[\R*VW*ZWSaZUR*UWZ‡*VW*{* qZRpWUURZ*tUUXU_WY_W*uRa_RZ~*ZWdXU_ZTVR*URs*R*Y€*„„„*ƒ*oWdXbW* ]WZˆR|VPRy*P*V…*
fkœt~*PšP“P–*‘tQg…tQk~*wPiP–*ot‘…f~*‘P‘P*kZZXdT[\R* VnaWb}
Y_R*VRU*VRSabWY_RU*SRb]ZRsT_ZXRU*UWZ‡*
*
V
X
T
*
r
_
X
`
*
S
R
Y
_
T
Y
V
R
*
T
*
V
T
_
T
*
V
W
*
V
X
^
a
`
d
T
[
\
R
P
VW*uWVXST[\R*kY_WdZT`*›*uRSmYSXT*W*›*qWU†aXUT*v*oukuq~*URs*R* ]ZRSWVXVR*]ZWW`STW*sfXWbW
`RST`XTVTP*kYe*kZZXdT[\RP*R`PO~*fRSXWVTVW*lZTUX`WXZT*VW*wYdWYŒTƒ ˜P*u…f*g£gœ…f*w*utf*qo…tfe
[\R*ghSYXST*VW*iRbaYXST[jWU*VT*YXVTVW~*
Z
W
d
X
bW
*
’
a
Z
ˆ
V
X
S
R
*
V
T
*
i
œ
g
*
W
*
`
W
d
X
U
`
T
[
\
R
*
S
R
b]
`
W
bW
Y
_
T
Z
~
*
Y
T
*
S
R
Y
’
a
Y
_
R
*
ZXT*tdZˆSR`T~*TsR_XSTsT`e*f\R*qTa`RP*qP*{ƒ{x‚P*Oxx„P
T]U*^WZXpXST[\R*VT*Ta_WY_XSXVTVW*VT*VRSabWY_T[\R*T]ZWUWYƒ
˜
P
{
ƒ
*
…*
S
R
Y
S
a
Z
U
R
*
]
r
s
`
X
S
R
*
]
T
Z
T
*
q
Z
R
p
W
U
U
R
Z
*
f
a
s
U
_
X
_
a
_
R
*
S
R
Y
U
_
T
Z
‡
*
V
W
*
V
X
U
S
X
]
`
X
Y
T
U
e
*
¸
‘R
Z
p
R
`
R
d
X
T
*

W
d
W
_
T
`
*
W
*
“
X
U
X
R
`
R
d
X
T
*

W
d
W
_
T
`
¹
~
*
’
a
Y
_
R
*
*UWZ\R*WYSTbXYŒTVRU*›*fW[\R*ghSYXST*VW*uWUWY^R`^XbWY_R*
*¾·µ°¿²·²³*²³*À³²¯µ¯¬·
VTU*UWdaXY_WU*]ZR^TUeƒ
TR*VW]TZ_TbWY_R*VW*lR_ŽYXST*VR*kYU_X_a_R*VW*lXRSXmYSXTU*v*kll* _WT*tVVT~bX
YXU_ZT[\R*VW*oWSaZURU*¢abTYRU*ƒ*fguto¢*]TZT*TY‡`XUWP
*“tiœutuw*uw*‘wukikQt
˜P{P{P*v*qZR^T*VW*gˆ_a`RUe
ƒ*VR*iŽb]aU*VW*lR_aST_aP
VWpWZXbWY_R*Ra*XYVWpWZXbWY_R*VTU*UR`XSX_T[jWU*VW*
wukgtœ*Y€*˜zOx{|ƒfguto¢~*VW*{„ƒ{ƒOx{|
v*gˆ_a`R*VW*WU]WSXT`XU_T*SRbR*‘WU_ZW~*Ra*SRb]ZR^T[\R*VW* …*SRYSaZUR*VWU_XYTƒUW*TR*]ZWWYSŒXbWY_R*VR*Wb]ZWdR*]rs`Xƒ ZWVa[|\P|RP**V…*
`*VTU*
tSŒTbƒUW*TsWZ_TU~*YRU*_WZbRU*VR*uWU]TSŒR*Y€*|y|zOx{yƒ bT_ZˆSa`T*Wb*SaZUR*VW*qUƒšZTVaT[\R*fWYUa*f_ZX_a*]TZT*Rs_WYƒ SR*VW*qZRpWUURZ*tUUXU_WY_W*uRa_RZ~*]RZ*]ZTR*XYVW_WZbXYTVR~*T_h* XYUSZX[jWU*WY*R_*TVcXTT**„V€W*V*XXYTU*VSZTXU[*\XYRU*SUZWXZ[‡j*WVUX*UW]~*RYYRX*sSXT`XURT*VVRW**XYYRV*W`RpWSZTXbW
Yƒ
qotV*VW*{‚ƒ{OƒOx{y~*]as`XSTVR*Wb*{˜ƒ{OƒOx{y~*SRb*sTUW*YTU* [\R*VW*_ˆ_a`R*VW*‘WU_ZW*v*]WUR*„P
†
a
W
*
U
W
’
T
*
]
Z
R
^
X
V
R
*
R
*
S
T
Z
d
R
*
V
W
*
q
Z
R
p
W
U
U
R
Z
*
t
U
U
X
U
_
W
Y
_
W
*
Y
R
*
S
R
Y
’
a
Y
_
R
*
V
W
*
_
R
~
*
R
*
]
Z
T

R
*
]
TZT*XY_WZ]RUX[\R*VW*ZWSaZUR*UWZ‡*VW*x„*n_ZmU}*VXTU*
oWUR`a[jWU*YWU]*‚zOxxO~*™zOxx„*W*T`_WZT[jWU*]RU_WZXRZWU~*TU* v*qTZ_XSX]T[\R*Wb*W^WY_RU*SXWY_ˆpXSRUe
V
X
U
S
X
]
`
X
Y
T
U
*
R
s
’
W
_
R
*
V
W
U
_
W
*
S
R
Y
S
a
Z
U
R
P
_T*VW*VX^a`dT[\RP
XYUSZX[jWU*TR*SRYSaZUR*]rs`XSR*VW*]ZR^TU*W*_ˆ_a`RU*]TZT*SRY_ZTƒ ƒ*iRYdZWUURU*YT*”ZWT*VW*t_aT[\R*v*]WUR*O–
t*XYUSZX[\R*Xb]`XSTZ‡*T*SRb]`W_T*SXmYSXT*W*T*_‡SX_T*TSWX_Tƒ SRY_T‚YP*VuRw*“Tw*VoTk‘w
…*w*kQuw“wok‘wQg…*uw*kQfiok‰Šwf
_T[\R*VW*{nab}*qZRpWUURZ*fasU_X_a_R~*]RZ*]ZTR*VW_WZbXYTVR~*Wb* ƒ*qTZ_XSX]T[\R*Wb*W^WY_RU*SXWY_ˆpXSRU*ƒ*fXb]UXRU*W*VWbTXU* [\R*VTU*YRZbTU*W*SRYVX[jWU*WU_TsW`WSXVTU*YWU_W*wVX_T`~*URsZW* ‚P{P*fWZ‡*]asQg
~*T*ZW`T[\R*VRU*STYVXVT_RU*†aW*
STZ‡_WZ*WbWZdWYSXT`*]TZT*T_WYVWZ*WcSW]SXRYT`*XY_WZWUUW*]rs`XSR~* wYSRY_ZRU*YT*”ZWT*VW*t_aT[\R*v*]WUR*{P
TU*†aTXU*R*STYVXVT_R*Y\R*]RVWZ‡*T`WdTZ*†aT`†aWZ*WU]hSXW*VW* _X^WZTb*UaTU*XYUSZ`XX[SjTWVUT*X~Y*YVRW*puWZ…w
XVTU*]RZ*Y\R*UW*WY†aTVZTZWb*YTU*
YR*]WZˆRVR*ZW`T_X^R*TR*{€*UWbWU_ZW*`W_X^R*VW*Ox{|~*Wb*’RZYTVT* v*qas`XST[jWU*YT*”ZWT*VW*t_aT[\R*v*]WUR*O–
VWUSRYŒWSXbWY_RP
WcXdmYSXTU*WU_TsW`WSXVTU*YR*]ZWUWY_W*WVX_T`P
VW*{O*ŒRZTU*UWbTYTXU*VW*_ZTsT`ŒR~*URs*R*ZWdXbW*’aZˆVXSR*VT*iœg* v*wc]WZXmYSXT*SRb]ZR^TVT*YR*T_WYVXbWY_R*VW*qTSXWY_WU* {P*ow‘Qwot‰‹…
W*`WdXU`T[\R*SRb]`WbWY_TZ~*YT*VXUSX]`XYT*VW*QWaZR`RdXT*k*W*kk~* QWaZR]WVX‡_ZXSRU*v*]WUR*OP
{P{P*…*UT`‡ZXR*SRZZWU]RYVWY_W*TR*Wb]ZWdR*]rs`XSR*VW*qZRƒ ‚POP*…*STYVXVT_*RV*XT]UR*VrW_WZ‡XU*~Z*WS†RaYW_TZWVZR*TU*RV*Tu*XVZWT__RTZ*V*VTT*]*aYsX`VXSTTV[W\~*RY*RT**
’aY_R*TR*uW]TZ_TbWY_R*VW*QWaZR`RdXT~*qUXSR`RdXT*W*qUX†aXT_ZXT* ˜P{PO*v*qZR^T*uXV‡_XST
pWUURZ*tUUXU_WY_W*uRa_RZ*YT*ZWpWZmYSXT*‘fƒ„P{*º*o—*™P‚‚„~x„*Wb* ]†ZaTW*RUW*V*ZWW*xpW|Z*WnS*RXY*XS_RW}b*
TY_WZXRZ~*ZWSRYUXVWZT[\R*†aTY_R*TR*XYVWpWƒ
VT*“TSa`VTVW*VW*‘WVXSXYT*VR*iŽb]aU*VW*lR_aST_aP
˜PO*v*…*URZ_WXR*VR*]RY_R*VT*]ZR^T*VXV‡_XST*UWZ‡*YR*VXT* ’RZYTVT*VW*yx*ŒRZTU*UWbTYTXU*VW*_ZTsT`ŒRP
…*SRY_ZT_TVR*VW^WZ‡*bXYXU_ZTZ*Ta`TU*YRU*]WZˆRVRU*VXaZYR*Wz xOzxOzOx{|*›U*{yexx*ŒRZTU*YR*uW]TZ_TbWY_R*VW*QWaZR`RdXT~* …lfe*qTZT*R*STYVXVT_R*]RZ_TVRZ*VR*_ˆ_a`R*VW*œX^ZWƒuRSWY_W~*R* ZXbWY_R*VW*UaT*XYUSZX[\RP
˜P*qo…tf*w*g£gœ…f
Ra*YR_aZYR~*VW]WYVWYVR*VTU*YWSWUUXVTVWU*VR*uW]TZ_TbWY_RP qUXSR`RdXT*W*qUX†aXT_ZXT*W*T*]ZR^T*VXV‡_XST*UWZ‡*ZWT`XTVT*YR*VXT* UT`‡ZXR*UWZ‡*YT*ZWpWZmYSXT*‘fƒ|P{*º*o—*{{P|Ox~O‚P
˜P{P*uT_T~*ŒRZ‡ZXR*W*`RST`*]TZT*T*ZWT`XT[\R*VTU*]ZR^TU*
{Put*ow‘Qwot‰‹…e
x„zxOzOx{|~*›U*{yexx*ŒRZTU~*YR*uW]TZ_TbWY_R*VW*QWaZR`RdXT~* OP*kQfiok‰Šwf
{P{*ƒ*v*…*UT`‡ZXR*VW*qZRpWUURZ*fasU_X_a_R*h*VW*o—*x™~|„~* qUXSR`RdXT*W*qUX†aXT_ZXT*VT*“TSa`VTVW*VW*‘WVXSXYT*VR*iŽb]aU*VW* OP{P*tU*XYUSZX[jWU*UWZ\R*ZWSWsXVTU~*Wb*VXTU*r_WXU~*YR*]WZˆƒ VW^WZ\R*UWZ*TSRb]TYŒTVRU*]W`R*STYVXVT_R*]RZ*bWXR*VW*wVX_T`*
SRZZWU]RYVWY_W*›*ZWpWZmYSXT*‘fƒ{~*Wb*{O*ŒRZTU*UWbTYTXUP lR_aST_a~*UX_R*YR*uXU_ZX_R*VW*oasX\R*aYXRZ~*UzY*v*lR_aST_a*ƒ*fqP RVR*VW*{|*VW*’TYWXZR*T*Ox*VW*bTZ[R*VW*Ox{|~*VW*UWdaYVT*T* VW*iRY^RST[\R*T*UWZ*]as`XSTVR*YR*u…wP
…lfe*iTUR*R*STYVXVT_R*_WYŒT*_ˆ_a`R*Ua]WZXRZ*TR*WcXdXVR~*R* ˜P„*v*…U*gˆ_a`RU*Rs_XVRU*pRZT*VT*Qwfq*UWZ\R*TVbX_XVRU* UWc_TƒpWXZT~*YR*ŒRZ‡ZXR*VTU*x™exx*›U*{{exx*ŒRZTU*W*VTU*{yexx*›U* ˜POP*…U*_ˆ_a`RU*Rs_XVRU*pRZT*VT*Qwfq*UWZ\R*TVbX_XVRU*]TZT*
UT`‡ZXR*UWZ‡*SRZZWU]RYVWY_W*›*_X_a`T[\RP
]TZT*pXYU*VW*XYUSZX[\R*YR*SRYSaZUR~*†aTYVR*Wc]WVXVRU*Wb*SaZURU* {˜exx*ŒRZTU~*YT*fW[\R*ghSYXST*VW*iRbaYXST[jWU*VR*kYU_X_a_R*VW* pXYU*VW*XYUSZX[\R*YR*SRYSaZUR~*†aTYVR*Wc]WVXVRU*Wb*SaZURU*VW*
{P{PO*ƒ*qRZ*_ZT_TZƒUW*VW*SRY_ZT_T[\R*Wb*STZ‡_WZ*WbWZdWYSXT`* VW*qUƒšZTVaT[\R~*Sa’RU*]ZRdZTbTU*pRZTb*ZWSRbWYVTVRU*]W`T* lXRSXmYSXTU*VR*iTb]aU*VW*lR_aST_a~*UX_R*Wb*oasX\R*aYXRZ~*Uz ]UƒdZTVaT[\R~*Sa’RU*]ZRdZTbTU*pRZTb*ZWSRbWYVTVRU*]W`T*
itqwf*W*ZWSRYŒWSXVRU*]W`R*‘wiP
W*_Wb]RZ‡ZXT~*TXYVT*†aW*R*STYVXVT_R*^WYŒT*T*Rs_WZ*T*_X_a`T[\R* itqwf*W*ZWSRYŒWSXVRU*]W`R*‘wi–
Y€~*Wb*lR_aST_azfqP
001"3"567"89)*7+",-."/01"
234536"78"93:;"87<=>"?@=A)BCD7"E"5=F67"G"
H)9>B9EI=C>9+",J"<="K9L=C>7"<="-M,.
cbƒb"lT"\€\UaYT"Yj\SPYT"[Y"Wo\WXSYX"TWX^Y"OY[TSPWXNPYT"VNXN" b—b"gR"TW[PY"Y"ON[PSPN\Y"OY[\XN\NPY"Y"¾"OaNTTS`SONPY" l"OY[\XN\NPY"PWmWX_"RS[ST\XNX"NUaNT"[YT"VWX€YPYT"PSUX[Y"W› NONPQRSON"TUVWXSYX"NVZT"N"NTTS[N\UXN"PY"OY[\XN\Y]"WT\N"[^Y"TWX_"
`S[T"PW"S[TOXSe^Y"[Y"OY[OUXTY]"PWmW[PY]"OY[\UPY]"TWX"XWOY[fWOSPN" [Y"OY[OUXTY"V½jaSOY"VNXN"VXYmSRW[\Y"PW"ONX„Y]"ONjWnafW"N"NVXWn YU"[Y\UX[Y]"PWVW[PW[PY"PNT"[WOWTTSPNPWT"PY"vWVNX\NRW[\Yb OY[TSPWXNPN"VNXN"`S[T"PW"NURW[\Y"TNaNXSNab
TW[\Ne^Y"PY"VWPSPY"PW"XWTOST^Y"OY[\XN\UNab
cbdb"N"S[TOXSe^Y"SRVaSONX_"[Y"OY[fWOSRW[\Y"PWT\W"gPS\Na"W"
b"vu"xgz}|gxuÀÁl
TUN"WiUSmNaQ[OSN"NYT"\€\UaYT"OY[`WXSPYT"VWaN"}|g~wb
cb†b"{NTY"Y"\€\UaY"[^Y"TWpN"XWOY[fWOSPY"VWaN"}|g~w"Y"PYOW[n bb"l"VXNrY"PW"mNaSPNPW"PY"OY[OUXTY"TWX_"PW"—k"šTWSTœ" xÂ"b”c]dƒ]"OYXXWTVY[PW[\W"s"XW`WXQ[OSN"z~n"n"VYX\NPYX" [Y"OYRVXYRSTTY"PW"NOWS\Ne^Y"PNT"OY[PSehWT"PY"OY[OUXTY]"NiUS"
RWTWT]"OY[\NPY"N"VNX\SX"PN"PN\N"PW"VUjaSONe^Y"[Y"vlg"PW"TUN" PY"\€\UaY"PW"zWT\XWb
WT\NjWaWOSPNTb
\W"\WX_"TWU"OY[\XN\Y"XWTOS[PSPYb
cbdb"l"OY[OUXTY"VNXN"N"OY[\XN\Ne^Y"PW"wXY`WTTYX"uTTST\W[\W" fYRYaY„Ne^Y]"VYPW[PY"TWX"VXYXXY„NPY"URN"½[SON"mWr]"VYX"S„UNa" ljTb¿"ONTY"Y"ON[PSPN\Y"VYTTUN"Y"\€\UaY"PW"vYU\YX]"Y"TNa_XSY" cbkb"l"ON[PSPN\Y"TWX_"XWTVY[T_mWa"VYX"iUNaiUWX"WXXY]"YRSTn
VWX€YPY]"N"OXS\ˆXSY"PN"uPRS[ST\XNe^Yb
TWX_"PW"xÂ"bkc†]”q]"OYXXWTVY[PW[\W"s"XW`WXQ[OSN"z~nƒbŽ"VNXN"Y" T^Y"W"VWaNT"S[`YXRNehWT"VXWT\NPNT"[Y"N\Y"PN"S[TOXSe^Yb
vYU\YX"OY[T\NX_"PW¿
Y"fNmWX_"PWmYaUe^Y"PW"SRVYX\t[OSN"VN„N]"NS[PN" VYX\NPYX"PY"\€\UaY"PW"ŠSmXWn"vYOW[\W]"Y"TNa_XSY"TWX_"xÂ"b””k]”]" cbcb"l"ON[PSPN\Y"iUW"VXWT\NX"PWOaNXNe^Y"`NaTN]"S[WoN\N"YU]"
n"wXYmN"PW"\€\UaYT"špUa„NRW[\Y"PY"OUXXSOUaUR"mS\NW]"WR" bSYXb""Y|^
U"WR"PUVaSOSPNPW]"[WR"STW[e^Y"\Y\Na"PW"VN„NRW[\Y" OYXXWTVY[PW[\W"s"XW`WXQ[OSN"z~ndbb
NS[PN]"iUW"[^Y"TN\ST`NeN"N"\YPNT"NT"OY[PSehWT"WT\NjWaWOSPNT"
iUW"TWX^Y"N[NaSTNPNT"NT"N\SmSPNPWT"PW"`YXRNe^Y]"PSP_\SONT"W" iPUYW"m"NRN
]"TWpN"iUNa"`YX"Y"RY\SmY"NaW„NPYb
wYX"\XN\NXnTW"PW"OY[\XN\Ne^Y"WR"ONX_\WX"WRWX„W[OSNa"W" [WT\W"gPS\Na]"\WX_"TUN"S[TOXSe^Y"ON[OWaNPN]"W"WR"OY[TWiUQ[OSN]"
OSW[\€`SONT]"PYT"½a\SRYT"d"N[YT]"OYR"RNSYX"XWaWmt[OSN"VNXN"NT" aYbX"PƒNb""u\N"PoWNm"PYWaU"Se[^TYO"XPSeN^"YSRV
YX_XSN]"NS[PN"iUW"Y"ON[PSPN\Y"mW[fN"N"Yj\WX"N"\S\UaNe^Y" N[UaNPYT"\YPYT"YT"N\YT"PWaN"PWOYXXW[\WT]"RWTRY"iUW"NVXYmNPY"
N\SmSPNPWT"XWaNOSY[NPNT"sT"_XWNT"PW"zYX`YaY„SN"™W„W\Na"W›YU" TW"Y"OY[OUXTY"V½jaSOY"[^Y"TW"XWNYaXS\rtN[XbOSN"VN„N"TYRW[\W"YOYXXWX_" \NWORV
NPQRSON"TUVWXSYX"NVZT"N"NTTS[N\UXN"PY"OY[\XN\Y]"WT\N"[^Y"TWX_" W"iUW"Y"TWpN"OY[T\N\NPY"VYT\WXSYXRW[\Wb
‹STSYaY„SN"™W„W\Na"W"N`S[TŽ
jSaSPNPW"PY"ON[PSPN\Y"NOYRVN[fNX" OY[TSPWXNPN"VNXN"`S[T"PW"NURW[\Y"TNaNXSNab
cbqb"lT"S\W[T"PWT\W"gPS\Na"VYPWX^Y"TY`XWX"WmW[\UNST"N\UNaSrNn
n"wXYmN"PSP_\SON"šOY[T\NX_"PW"NUaN"\WZXSON"WR"[€mWa"PW"„XNPUn b†b"Êa"SOPNWe"hXWWTT"V[YY["vTNlg
]"XW`WXW[\WT"NY"VXWTW[\W"OY[OUXTYb b"vu~"‰|~{x‰ÀÃg~
ehWT"YU"XW\S`SONehWT]"W[iUN[\Y"[^Y"OY[TURNPN"s"VXYmSPQ[OSN"YU"
Ne^Y]"OYR"PUXNe^Y"PW"[Y"R€[SRY"†—"RS[U\YT"W"[Y"R_oSRY"PW"k—" \YPNT"NbT"dVbU"jlT
"
i
U
W
T
\
S
Y
[
N
RW
[
\
Y
T
"
X
W
a
N
\
S
m
Y
T
"
N
"
O
N
T
Y
T
"
Y
RS
T
T
Y
T
"
Y
U
"
Y¿
WmW[\Y"iUW"afWT"PSTTWX"XWTVWS\Y]"OSXOU[T\t[OSN"iUW"TWX_"RW[OSYn
RS[U\YT]"TYjXW"\WRN"N"TWX"TYX\WNPY]"VWaY"VXZVXSY"ON[PSPN\Y]"OYR" PUmSPYTYT"TWX^Y"pUa„NPYT"VWaN"‡N[ON"goNRS[NPYXN"W›YU"VWaN" {bY[b"PuSVehXWWTTW"V[N\NXNX""XSW[iTUOXWSXeS^RW
[\Y"PSXS„SPY"NY"vSXW\YX"PN"}[SPNPW" [NPN"WR"gPS\Na"YU"umSTY"N"TWX"VUjaSONPY"[Y"vlgb
†"fYXNT"PW"N[\WOWPQ[OSNœ]"OY[`YXRW"wXY„XNRN"PW"{Y[OUXTY" uPRS[ST\XNe^Y"PN"}[SPNPW"}[SmWXTS\_XSNb
S[PSON[PY"[YRW"OYRVaW\Y]"[½RWXY"PN"OˆPUaN"PW"SPW[\SPNPW]"
uzu"vl"{l|{}x~l
OY[T\N[\W"[Y"u[WoY""PWT\W"gPS\NaŽ
OUXX€OUaY"PYOURW[\NPY"`SONX_"s"PSTVYTSe^Y"PYT" SPNPW]"`SaSNe^Y]"[N\UXNaSPNPW]"WT\NPY"OSmSa]"XWTSPQ[OSN]"VXY`STT^Y"W" wnx"lyx
{NXNO\WX€T\SONT"W"VXYVXSWPNPWT"PYT"`aUSPYT
n"uX„USe^Y"PY"wXYpW\Y"PW"wWTiUSTN"W"{UXX€OUaY"™S\NW"OYR" ON[PSPNb\YkTb""Pl"
YT"TW„US[\WT"PYOURW[\YT¿ b"PW`S[Se^Y"PNT"VXYVXSWPNPWT
NVXWTW[\Ne^Y"YXNa"PW"d"RS[U\YT]"OYR›TWR"U\SaSrNe^Y"PW"XWOUXn WT\W"VXNrY]"TWU"[XN^[Y\"WXW"Y\S"XNVPXNYr]"YT"WPX_W""PmWNTaSOPNNXP\NWP"YPbWT\W"OY[OUXTYb"uVZT" W[PWXWbebY"bW"aOWˆ\XP‘U[aNSO"YP]"WS["TSP\XWU[S[\SPPYNnPYW""OYYR"
aN"PW"SPW[\SPNPW"PW" b"ONXNO\WXSrNe^Y"PYT"`aUSPYT"n"`aUSPYT"[W‚\Y[SN[YT
TYT"NUPSYmSTUNSTb"u"YXPWR"PW"NVXWTW[\Ne^Y"PY"VXYpW\Y"TW„USX_"N" bcb"u"S[TOXSe^Y"SRVaSONX_"[Y"OY[fWOSRW[\Y"PWT\W"gPS\Na"W" WT\XN[„WSXY"OYR"mST\Y"VWXRN[W[\WU""YOUˆ"P\WURV
YX_XSY"W"[N"`Na\N" bƒ"aWS"PW"|W‚\Y["PN"mSTOYTSPNPW
YXPWR"PW"S[TOXSe^Y"PY"XW`WXSPY"OY[OUXTYb"gR"TW„USPN]"N"‡N[ON" [Y"OYRVXYRSTTY"PW"NOWS\Ne^Y"PNT"OY[PSehWT"PY"OY[OUXTY]"NiUS" PWT\N]"Y"VNTTNVYX\WŽ
goNRS[NPYXN"VXYOWPWX_"s"NX„USe^Y"PY"wXYpW\Y"PW"wWTiUSTNb WT\NjWaWOSPNT]"jWR"OYRY"PNT"[YXRNT"iUW"XW„WR"N"NVaSONe^Y"PW" bbb"iUN[PY"PY"TWoY"RNTOUaS[Y]"VYTTUSX"PYOURW[\Y"iUW" nb"g"WT\i_U\NSOeN^"YP"YjT_"`TaSUOSNP"YPTN"WT\_\SON"PYT"`aUSPYT
cbkb"|N"NmNaSNe^Y"PY"ON[PSPN\Y"TWX_"NPY\NPY"Y"OXS\ˆXSY"PW" XW„SRWT"WTVWOSNST"PW"\XNjNafY"PYOW[\W"šxv‰vw›xŒ{œ"[N"}|g~w]" OYRVXYmW"WT\NX"WR"PSN"OYR"NT"YjXS„NehWT"RSaS\NXWTŽ
jXW"TUVWX`€OSWT"VaN[NT"W"OUXmNT"TUjRWXTNT
[Y\NT"PW"—"šrWXYœ"N"—"šPWrœ"WR"\YPNT"NT"VXYmNT"iUW"\WX^Y"YT" OUpYT"\Wo\YT"W[OY[\XNRnTW"s"PSTVYTSe^Y"PY"ON[PSPN\Y]"[Y"N\Y" bbƒb"TWX"WaWS\YX]"VYTTUS[PY"PYOURW[\Y"iUW"OYRVXYmW"WT\NX" bbƒ""``YaUXSePNYT""OTYYR"
RYmSRW[\Y"PW"OYXVY"X€„SPY
TW„US[\WT"VWTYT¿
PN"S[TOXSe^Yb
WR"PSN"OYR"NT"YjXS„NehWT"WaWS\YXNSTŽ
ƒ
n
"
g
T
O
Y
N
RW
[
\
Ë"n"Œ€\UaYT"n"VWTY"
bqb"l"ON[PSPN\Y"TWX_"XWTVY[T_mWa"VYX"iUNaiUWX"WXXY]" bb"OYRVXYmN[\W"PW"XWOYafSRW[\Y"PN"\NoN"PW"S[TOXSe^Y]"N" ƒb"WiUNehWT"YP"WP"WO"Y`[aUTSWPXYm"NS[e^m€YT"OPSPNY"RNTTN
Ë"n"vSP_\SON"n"VWTY"
YRSTT^Y"W"VWaNT"S[`YXRNehWT"VXWT\NPNT"[Y"N\Y"PN"S[TOXSe^Yb TWX"W`W\UNPY"pU[\Y"NY"‡N[OY"PY"‡XNTSa"[¾"——]"N„Q[OSN"kdƒnc]" ƒb"WiUNe^Y"PN"OY[TWXmNe^Y"PN"iUN[\SPNPW"PW"RYmSRW[\Y"
Ë"n"uX„USe^Y"n"VWTY"
b”b"l"ON[PSPN\Y"iUW"VXWT\NX"PWOaNXNe^Y"`NaTN]"S[WoN\N" {Y[\N"{YXXW[\W"[¾"†q—n†]"[Y"mNaYX"PW"xÂ"cd]——]"YU"mNaYX"OYXXWTn WR"mYaURW"PW"OY[\XYaW"S[WXOSNa"W"[^Y"S[WXOSNa
qb"{x‰ŒÊx‰l~"vg"u™uŠ‰uÀÁl
WT"WT\NjWaWOSPNT" VY[PW[\W"[YT"\WXRYT"PN"ŠWS"cq]"PW"—››——cb
qbb"wXYmN"PW"Œ€\UaYT"n"~WX^Y"U\SaSrNPYT"YT"TW„US[\WT"OXS\ˆXSYT" Y[UWT]"\NWS"[gPPNS]\"NiaU]"W\W"[X_^"YT"UTNN\"SST[`TNOeXNSe"^NY"\"YOPNN[TO"WNaTN"POYN[]"PWS"eWhR"
OY[TWiÇQ[OSN]" bbb"gR"N\W[PSRW[\Y"s"ŠWS"[¾"bcq]"PW"—bb——c]"[YT" ƒbƒO"NWiUNe^Y"PN"OY[TWXmNe^Y"PN"W[WX„SN"n"…"aWS"PN"\WXRYn
PW"NmNaSNe^Y"W"N\XSjUSe^Y"PW"[Y\NT
XXW[\WT]"RWTRY"iUW"NVXYmNPY" PYST"VXSRWSXYT"PSNT"PY"VWX€YPY"PW"S[TOXSehWT"TWX^Y"NOWS\NT"S[TOXSn PS[tRS
ƒb†"WiUNe^Y"PW"‡WX[YUaaS
n"‹YXRNe^Y"›"“UNaS`SONe^Y"n""n""VY[\UNe^Y"R_oSRN"n""]——" NW"[iUUaNWP"YY"TT"W\pYNP"OYYT["YT\TN"N\N\YPTY""PVWYaTN\"WPXWSYOYXRW
[
\
W
b
S[\WXWTTW"[N"XWPUe^Y"PW"d—Æ" ƒbd"WiUNe^Y"PW"gUaWX
VY[\YT
"S\W[T"PWT\W"gPS\Na"VYPWX^Y"TY`XWX"WmW[\UNST" ešOhSW[Ti"ÇPWY[T\"NO"NV[YPXS"PONW\[Y\TY"œi"U[WY""\mSNmaWYXXW"R"
P
N
"
\
N
o
N
"
P
W
"
S
[
T
O
X
S
e
^
Y
]
"
P
W
T
P
W
"
i
U
W
"
†n"u[_aSTW"PSRW[TSY[Na"W"TWRWafN[eN"PS[tRSON
n"u\SmSPNPWT"{SW[\€`SONT"n""n"""n""VY[\UNe^Y"R_oSRN"n""d]——" N\UNaSrNbeh—Wb"lT
T"YU"XW\S`SONehWT]"W[iUN[\Y"[^Y"OY[TURNPN"s"VXYn
[\W"N\W[PN"NYT"TW„US[\WT"XWiUSTS\YT¿
†b"N[_aSTW"PSRW[TSY[Na
VY[\YT
OSN"YU"WmW[\Y"iUW"afWT"PSTTWX"XWTVWS\Y]"OSXOU[T\t[OSN"iUW" OURU‰œa"NT\WSmpNN"RW
W
T
\
U
P
N
[
\
W
"
X
W
„
U
a
N
X
RW
[
\
W
"
RN
\
X
S
O
U
a
N
P
Y
"
W
R"
O
U
X
T
Y
"
T
U
V
W
n
†b"OY[PSehWT"PW"TWRWafN[eN"PS[tRSON
n"u\SmSPNPWT"vSP_\SONT"n""n""n""VY[\UNe^Y"R_oSRN"n""]——" mTWSPX_Q["RW
[OSY[NPN"WR"gPS\Na"YU"umSTY"N"TWX"VUjaSONPY"[Y"vlgb" XSYX"WR"[€mWa"PW"„XNPUNe^Y"YU"VZTn„XNPUNe^Y"WŽ
"\WYXSN"PYT"RYPWaYT
VY[\YT
ƒ”†›—†n‰‡‡œ
‰‰œ"VWXOWjN"XWRU[WXNe^Y"RW[TNa"S[`WXSYX"N"šPYSTœ"TNa_XSYT" †dbnƒ"|Y
ehWT"PW"\WXRYPS[tRSON
n"lU\XNT"N\SmSPNPWT"VXY`STTSY[NST"XWaWmN[\WT"n"VY[\UNe^Y" šwXYOub|g
•
l"
‰
R€
[
S
RY
T
]
"
Y
U
"
W
T
\
W
p
N
"
P
W
T
W
RV
X
W
„
N
P
Y
b
d
b

PS[tRSON
R_oSRN"]——"VY[\Y
w
x
lyx
u
zu
bbb"l"ON[PSPN\Y"iUW"VXWW[OfWX"NT"OY[PSehWT"WT\NjWn db""W[…"WaWX„S"SPNN"S"[\W\WXRY
X[N
qbb"wXYmN"vSP_\SON"n"~WX^Y"U\SaSrNPYT"YT"TW„US[\WT"OXS\ˆXSYT" Ë"n"{ˆaUaN"™W„W\Nab
a
W
O
S
P
N
T
"
[
Y
T
"
S
\
W
[
T
"
‰
"
W
"
‰
‰
"
P
W
m
W
X
_
"
N
V
X
W
T
W
[
\
N
X
"
s
"
~
W
e
^
Y
"
Œ
ˆ
O
[
S
O
N
"
P
W
"
d
b
ƒ
"
W
[
\
N
a
V
S
N
PW"NmNaSNe^Y"W"N\XSjUSe^Y"PW"[Y\NT
WXRWNjSaSPNPW"W"XWaNehWT"f€PXSONT"[NT"OˆaUaNT"mW„W\NSTb vWTW[mYamSRW[\Y"W"uPRS[ST\XNe^Y"PW"xWOUXTYT"URN[YT]"XWiUWn kn"|YehWT"PW"\XN[T`WXQ[OSN"PW"ONaYX
n"uPWiUNe^Y"NY"\WRN"n""n""VY[\UNe^Y"R_oSRN"n""]——"VY[\YT ËË""nn""wlX
W"WmYaUe^Y"PYT"\WOSPYT"PW"OY[PUe^Y"W"TUN"W`SOSn [\Y"PW"TYaSOS\Ne^Y"PN"XWPUe^Y"PN"\NoN"NOYRVN[fNPN"PYT" kb"OY[PUe^Y"U[SPSRW[TSY[Na"WR"XW„SRW"VWXRN[W[\W
n"vYR€[SY"\WZXSOY"W"OY[OWS\UNa"PY"NTTU[\Y"n"VY[\UNe^Y" Q[OSN"[Y"\XSN„[WTR"
VYX\W"PW"_„UN"W"TYaU\YT"YX„t[SOYT"[NT"gRjXSZ`S\NTb XXSWRW
TVWO\SmYT"PYOURW[\YT"OYRVXYjN\ZXSYTb
R_oSRN"ƒ]——"VY[\YT
Ë
"
n
"
u
j
T
Y
X
e
^
Y
bbƒb"l"XWTUa\NPY"PY"PW`WXSRW[\Y›S[PW`WXSRW[\Y"PNT"TYaSOSn kb"OY[PUe^Y"U[SPSRW[TSY[Na"WR"XW„SRW"\XN[TSW[\W"n"`YXn
n"{YWXQ[OSN"W"OaNXWrN"n""n""VY[\UNe^Y"R_oSRN"n""ƒ]——"VY[\YT Ë"n"ujTYXe^Y""WS‘"[\XSNO[NT"VVWYaXN\TW""VPaWN"[_\„NUTNb"[NT"VaN[\NTb
\NehWT"TWX_"PSTVY[SjSaSrNPY"[N"~We^Y"ŒˆO[SON"PW"{YRU[SONehWT" RUaNkeb^ƒY""OOYY[[mOWWO[e\^XNYP"nN"XWaNehWT"WRV€XSONT"VNXN"Y"OYW`SOSW[\W"PW"
n"lX„N[SrNe^Y"W"UTY"NPWiUNPY"PYT"XWOUXTYT"PSP_\SOYT"n"VY[n Ë"n"ŒXN[TaYONe^Y"PW"TYaU\YT"[YT"mW„W\NSTb
OY[mWOe^Y"[N\UXNa"W"`YXeNPN
\UNe^Y"R_oSRN"]——"VY[\Y
XST\WRNT"[YT"PS`WXW[\WT"„XUVYT"PW"VaN[\NT¿"aYONaSn PWT\N"‹NOUaPNPWb"l"VXNrY"NV"NPXSNm"USa[„\NWeXV^YYbTSe^Y"PW"XWOUXTY"TWX_"PW" VWa€OkUba†N""[WR"
YehWT"PW"XNPSNe^Y"\ˆXRSON
n"uPWiUNe^Y"PN"jSjaSY„XN`SN"U\SaSrNPN"n"VY[\UNe^Y"R_oSRN" rNe^YË]""nO"NzW
XNO\WXSrNe^Y"W"PS`WXW[OSNe^Y"WR"ZX„^YT"mW„W\N\SmYT"W" —ƒ"PSNbTƒ"bO"Y~[W\XN"[„PXNYP"NU"NPPNY\"NW"PR"
g[„W[fNXSN]"W"TWX"VYX\NPYX"PW]"[Y" ‡‰‡Š‰lyx
u‹‰u
n""]——"VY[\Y
X
W
V
X
Y
P
U
\
S
m
Y
T
b
R€
[
S
RY
]
"
\
€
\
U
a
Y
"
P
W
"
zW
T
\
X
W
Ž
n"‡g||gŒ]"{blbŽ"zgx~]"bgb"‹W[‘RW[YT"PW"ŒXN[TVYXn
qbƒb"uX„USe^Y"PY"RWRYXSNa"W"PW`WTN"PY"wXYpW\Y"PW"wWTiUSTN" Ë"n"vSmWXTSPNPW"RYX`YaZ„SON"W"N[N\‘RSON]"WmYaUe^Y"W"NPNVn b†b"uVXWTW[\NX"{UXXSOUaUR"ŠN\\WT"PNT"N\SmSPNPWT"XWNaSrNPNT]" \W"’"n"“U
N
[
\
S
P
N
mSRW[\Y]"{NaYX"W"zNTTNb"bWPb"gPS\YXN"
n"~WX^Y"U\SaSrNPYT"YT"TW„US[\WT"OXS\ˆXSYT"PW"NmNaSNe^Y"W"N\XSjUSe^Y" \NehWT"PY"TST\WRN"XNPSOUaNXb
WR"—†"šiUN\XYœ"mSNT]"TW[PY"iUW""šURNœ"PWaNT"PWmWX_"WT\NX"PWmSn zOyXN‚nSaa"PYP"W‡"XPNWT"SazY
]"”cqb
PW"[Y\NT
OYRVXYmNPNb
n
"
n
"
‹
l
•
]
"
x
b
–b
Ž
"
zO
v
l|u
ŒXNpW\ZXSN"NONPQRSON"W"VXY`STTSY[Na"PY"ON[PSPN\Y]"OY[PSn \NehWËT""nP"vYS"mOWNXUTaSWPbNPW"RYX`YaZ„SON"W"N[N\‘RSON]"WmYaUe^Y"W"NPNVn PNRW[bd\Wb""l"
PSPN\Y"WT\XN[„WSXY"VYPWX_"S[TOXWmWXnTW"[Y"OY[n ‹aUSPYTb"dbWPb]"gPS\YXN"ŠŒ{]"—Š—v]"bubŒb"‰[\XYPUe^Y"s"zWOt[SON"PYT"
rW[\WT"OYR"Y"ONRVY"PW"TUN"`YXRNe^Y"NONPQRSON"’"VY[\UNe^Y" Ë"n"vSmWXTSPNPW"RYX`YaZ„SON"W"N[N\‘RSON]"WmYaUe^Y"W"NPNVn OUXTY"V½jaSOONY["O
YR"VNTTNVYX\W]"W[\XW\N[\Y]"VYX"YONTS^Y"PN" n"n"‰|{xlwgxu]"‹bwbŽ"vW"–‰ŒŒ]"vbwb"‹U[PNRW[\YT"PW"ŒXN[T`Wn
R_oSRN¿"]——"VY[\YT
\NehWT"PNT"`YafNTb
O
Y
[
\
X
N
\
N
e
^
Y
"
P
W
m
mST\Y"
W"{NaYX"W"zNTTNb"†bWPb]"gPS\YXN"ŠŒ{]"””qb
{NVNOSPNPW"OX€\SOYnVXYVYTS\SmN"OY[PSrW[\W"OYR"Y"ONRVY"PW" Ë"n"‹STSYaY„SN"PYT"WT\‘RN\YT"W"VWXPN"PW"_„UN"VWaYT"mW„W\NSTb VWXRN[W[\Wb"{NWTYX_""NNSV[XPWNT"W[[^\NYX""VNY"OTˆTPUUNa]N""PPWWm"SWPXW_["\NSVPXNWPTWW"[O\YNR"
X"mST\Y" XQ[OSnN"n""Pzlx
u|]"zbbŽ"~uw‰xl]"b|b"wXS[O€VSY"PN"ŒWXRYPS[tRSON"
TUN"`YXRNe^Y"’"VY[\UNe^Y"R_oSRN¿"]——"VY[\YT
Ë"n"‹STSYaY„SN"PYT"OaYXYVaNT\YT"PW"VaN[\NT"{ƒ"W"{†b
\
W
RV
Y
X
_
X
S
Y
"
W
"
[
Y
"
V
X
N
r
Y
"
P
W
"
ƒ
—
"
š
\
X
S
[
\
N
œ
"
P
S
N
T
"
W
[
\
X
W
„
N
X
"
O
Z
V
S
N
"
T
S
RV
a
W
T
"
V
N
X
N
"
g
[
„
W[fNXSN]"†bWPb]"gPS\YXN"ŠŒ{]"——b
™SNjSaSPNPW"PY"VXYpW\Y¿"ƒ]——"VY[\YT
Ë"n"‹Y\YTT€[\WTW¿"wXYPUe^Y"PW"W[WX„SN"iU€RSON"W"OSOaYT"PW" PY"VXY\YOYaY"PY"VWPSPY"PW"\XN[T`YXRNe^Y"PY"mST\Y"\WRVYX_XSY" n"n"zlx
u|]"zbbŽ"~uw‰xl]"b|bŽ"z}|~l|]"‡bxbŽ"vW"–SŒŒ]"
“UNaSPNPW"PY"VXYpW\Y¿"ƒ]——"VY[\YT
S[OYXVYXNe^Y"PY"{l"WR"VaN[\NT"{ƒ]"{†"W"{uzb
W
R"
V
W
X
RN
[
W
[
\
W
]
"
T
Y
j
"
V
W
[
N
"
P
W
"
X
W
T
O
S
T
^
Y
"
O
Y
[
\
X
N
\
U
N
a
Ž
Ë"n"~ST\WRN"PW"XWmWT\SRW[\Y"[YT"PS`WXW[\WT"„XUVYT"PW"VaN[n bkb"|Y"ONTY"PW"S[TOXSe^Y"VYX"VXYOUXNe^Y]"PWmWR"TWX"NVXWn v\YbwXNb""‰Š[Œ\{XY]"PU—e—^dYb"s"g[„W[fNXSN"PW"~ST\WRNT"ŒˆXRSOYTb"bWPb]"gPSn
”b"u‡‰Š‰ŒuÀÁl]"{Šu~~‰‹‰{uÀÁl"g"vg~gzwuŒg
”bb"~WX^Y"OY[TSPWXNPYT"NVXYmNPYT"YT"ON[PSPN\YT"iUW" \NT"W"TUN"W`SOSQ[OSN"[NT"S[\WXNehWT"VaN[\NnNRjSW[\Wb
[\YT"PW"RN[PN\Y]"PW"SPW[\SPNPW"PY"VXYOUXNn n"n"~‰~~l|]"ŠbgbŽ"w‰ŒŒ~]"vbxb"‹W[‘RW[YT"PW"ŒXN[TVYX\Wb"gPS\Yn
Yj\SmWXWR"RˆPSN"S„UNa"YU"TUVWXSYX"N"c"šTW\Wœ"N\XSjU€PNT"VYX]"VWaY" Ë"n"~WRW[\W¿"YXS„WR]"WmYaUe^Y]"RYX`YaY„SN"Wo\WX[N"W"S[\WX[N" TPWY[X"\WN"PNYiTU"YWaTW"PT"YXOWUaNRW
OSY[NPYT"[YT"TUjS\W[T"NOSRNŽ
NXN"˜YY„N["~bub]"”c”b
W"NPNV\NehWTb
RW[YT]""šPYSTœ"RWRjXYT"PN"‡N[ON"goNRS[NPYXNb
bcb"l"ON[PSPN\Y"WT\XN[„WSXY"`SON"PSTVW[TNPY"PNT"WoS„Q[OSNT" XN"yUn"Nn["N~jl||Œ
uy]"x"gŽ"‡lxy|u˜˜g]"{Ž"™u|"–Šg|]"yb"bb"
Ë
"
n
"
‹
S
T
S
Y
a
Y
„
S
N
"
P
N
"
„
W
X
RS
[
N
e
^
Y
"
W
"
P
Y
X
RQ
[
O
S
N
"
P
W
"
T
W
RW
[
\
W
T
b
”bb"{NPN"goNRS[NPYX"S[PSONX_"YT"ON[PSPN\YT"TW„U[PY"NT"
O
Y
[
T
\
N
[
\
W
T
"
P
Y
T
"
T
U
j
S
\
W
[
T
"

b

b

b
"
W
"

b

b
ƒ
b
‹
U
[
P
N
RW
[
\
Ë"n"gmYaUe^Y"PY"OSOaY"PW"mSPN"W"PNT"WT\XU\UXNT"VNXN"N"PSTVWXn ljT¿"l"RYPWaY"PW"XWiUWXSRW[\Y"N"TWX"VXWW[OfSPY"W"NTTSn Š\PNb]"——ƒbYT"PN"ŒWXRYPS[tRSONb"k"WPb]"gPS\YXN"gP„NXP"‡aUOfWX"
[Y\NT"N\XSjU€PNTb
”bƒb"u"YXPWR"PW"OaNTTS`SONe^Y"PYT"ON[PSPN\YT"TWX_"WT\NjWn T^Y"[NT"gRjXSZ`S\NTb
[
N
P
Y
"
V
W
a
Y
"
O
N
[
P
S
P
N
\
Y
"
V
N
X
N
"
`
S
R"
P
W
"
S
[
T
O
X
S
e
^
Y
"
W
T
\
N
X
_
"
P
S
T
V
Y
[
€
m
W
a
"
"WmYaUe^Y]"RYX`YaY„SN"Wo\WX[N"W"S[\WX[N"W" [Y"W[PWXWeY"WaW\X‘[SOY"f\\V¿››‚‚‚b`W„bU[WTVbjX›ÈɛOY[OUXTYT› šwXYOb"q”d›—†n‹gyœ
aWOSPN"WR"XNr^Y"PY"RNSYX"[½RWXY"PW"S[PSONehWT"VYX"VNX\W"PYT" ONXNOË\"WnX"€‹T\aYSOXN¿"TY"[XSY„TW"R]
VXS[OSVNST"„XUVYT"PW"u[„SYTVWXRNTb
RWRjXYT"PN"‡N[ON"goNRS[NPYXNb
›VXY`nTUTjT\S\U\Y›
"žŸ ¡¢"£¤"¥ž¦§¨©ž¦žª
Ë"n"‰[PUe^Y"`aYXNa¿"`N\YXWT"NRjSW[\NST"OYRY"aUr]"\WRVWXN\UXN" PYOWƒ[b\"WvTl"
”b†b"gR"ONTY"PW"WRVN\W"[NT"S[PSONehWT]"N"OaNTTS`SONe^Y"TWX_" W"URS
vg‹gx‰zg|Œl"g"‰|vg‹gx‰zg|Œl"vg"‰|~{x‰ÀÃg~
«¬­®¯°¬°±"°±"²³´µ­³¬¶"·¸¹º¹³¬¶"±"
PNPWb
`WS\N"VWaN"RˆPSN"„WXNa"PYT"ON[PSPN\YT"WRVN\NPYTb
ƒbb"~WX_"VUjaSONPN]"[Y"vS_XSY"l`SOSNa"PY"gT\NPY]"N"XWaNe^Y" "
±¼±¹³µº¹³¬¶
Ë
"
n
"
‹
X
U
\
Y
¿
"
Y
X
S
„
W
R]
"
W
m
Y
a
U
e
^
Y
]
"
RY
X
`
Y
a
Y
„
S
N
"
W
o
\
W
X
[
N
"
W
"
S
[
\
W
X
[
N
]
"
”bdb"wWXRN[WOW[PY"ON[PSPN\YT"WRVN\NPYT]"\WX_"VXW`WXQ[OSN" \SVYaY„SN"W"ONXNO\WX€T\SONT"[YT"VXS[OSVNST"„XUVYT"PW"u[„SYTVWXn PYT"ON[PSPN\YT"iUW"\SmWXNR"TUNT"S[TOXSehWT"S[PW`WXSPNT]"VYX"[^Y" »
"gv‰ŒuŠ"†›—d"n"‹{u™b"ujWX\UXN"PW"‰[TOXSehWTb
T
W
"
W
[
i
U
N
P
X
N
X
W
R"
[
N
T
"
W
o
S
„
Q
[
O
S
N
T
"
W
T
\
N
j
W
a
W
O
S
P
N
T
"
[
Y
"
V
X
W
T
W
[
\
W
"
W
P
S
\
N
a
b
Y"ON[PSPN\Y¿
TW"NjWX\NT]"[YT"\WXRYT"PY"vWTVNOfY"d†d›†nwxuP"
ƒbb"l"ON[PSPN\Y"VYPWX_"XWiUWXWX]"[Y"VXNrY"PW"—"šPYSTœ" PW"ukOnfNRn
n"n"PW"RNSYX"SPNPW]"OY[`YXRW"OXS\ˆXSYT"PW"PWTWRVN\W"PY" RNTbË"n"‹YXRNe^Y]"OXWTOSRW[\Y"W"NRNPUXWOSRW[\Y"PW"`XU\YTb
†]"VUjaSONPY"WR"cnn—†"W"OYR"jNTW"[NT"
VNX_„XN`Y"½[SOY"PY"NX\S„Y"c"PN"ŠWS"—bc†›——ƒ]"iUN[PY"`YX" Ë"n"YXR‘[SYT"mW„W\NST"W"XW„UaNPYXWT"mW„W\NST"VXYRY\YXWT]" PSNT"OYXXSPYT]"OY[\NPYT"PN"PN\N"PN"VUjaSONe^Y"N"iUW"TW"XW`WXW" xWTYaUehWnT"—}|g
~w"k›——]"q”›——ƒ"W"Na\WXNehWT"VYT\WXSYXWT]"
Y
"
S
\
W
R"
N
[
\
W
X
S
Y
X
]
"
X
W
O
Y
[
T
S
P
W
X
N
e
^
Y
"
i
U
N
[
\
Y
"
N
Y
"
S
[
P
W
`
W
X
S
RW
[
\
Y
"
P
W
"
Y"ONTYŽ
N[\WT"PY"OXWTOSRW[\Y"š[N\UXNST"W"TS[\ˆ\SOYTœ¿" TUN"S[TOXSe^Yb
NT"S[TOXSehWT"NY"OY[OUXTY"V½jaSOY"PW"wXYmNT"W"Œ€\UaYT"VNXN"OY[n
n"n"iUW"\W[fN"Yj\SPY"N"RNSYX"RˆPSN"„WXNa"[N"VXYmN"PW"\€\UaYTŽ WS[TS\jXUSP\YUXXWNTŽ""TW€"[X\WW\TNWXŽP"RY
PY"PW"Ne^YŽ"W`WS\YT"`STSYaZ„SOYTŽ"U\SaSrNe^Y" u"XWOY[TSPWXNe^Y"PWmWX_"TWX"PSXS„SPN"NY"vSXW\YX"PN"}[SPNPW" \XN\Ne^Y"PW""wXY`WTTYX"~UjT\S\U\Y]"VYX"VXNrY"PW\WXRS[NPY]"WR"
n"n"iUW"\W[fN"Yj\SPY"N"RNSYX"RˆPSN"„WXNa"[N"VXYmN"PSP_\SONŽ W"NVaSONe^Yb
O
N
X
_
\
W
X
"
W
RW
X
„
W
[
O
SNa"VNXN"N\W[PWX"WoOWVOSY[Na"S[\WXWTTW"V½jaSOY]"
}[SmWXTS\_XSNb
n"n"iUW"\W[fN"Yj\SPY"N"RNSYX"RˆPSN"„WXNa"[N"uX„USe^Y"W
•l"‰‰
[Y"VWX€YPY"XWaN\SmY"NY"¾"TWRWT\XW"aW\SmY"PW"—d"W"VWaY"VXNrY"
†b"vu~"wxl™u~
n"n"RNST"SPYTY"W[\XW"NiUWaWT"OYR"SPNPW"S[`WXSYX"N"k—"N[YTb u‡‰|g
‡Š‰lyxu‹‰u
R_oSRY"PW"d"RWTWT]"WR""fYXNT"TWRN[NST"PW"\XNjNafY]"TYj"Y"
†
b

b
"
l"
O
Y
[
O
U
X
T
Y
"
V
½
j
a
S
O
Y
"
O
Y
[
T
\
N
X
_
"
P
W
¿
—b"{l|ŒxuŒuÀÁl
vunyŠÌx‰u]"‡bŽ"{uxzgŠŠlny}gxxg‰xl]"~bzb" n"u[_aSTW"{UXXSOUaNX¿"pUa„NRW[\Y"PY"{UXX€OUaY"ŠN\\WT]"iUN[PY" XW„SRW"pUX€PSOY"PN"{ŠŒ"W"aW„STaNe^Y"OYRVaWRW[\NX]"[Y"OY[pU[\Y"
—bb"wYX"YONTS^Y"PN"OY[\XN\Ne^Y]"Y"ON[PSPN\Y"PWmWX_" uwwNg"ęÄWu„ŒWln
\Nab"ƒbWPb"gPS\YXN"}‹™¿"™SeYTN]"—b
aS[NT¿"ST\YaY„SN"‰Ž"ST\YaY„SN"W"gRjXSYaY„SN]"pU[\Y"NY"
^Y"N[NaSTNPNT"NT"N\SmSPNPWT"PW"`YXRNe^Y"PSP_\SON"W"OSW[\€`SON]" PvWW"VPNSXT\ONSVRW
NVXWTW[\NX"YT"PYOURW[\YT"YXS„S[NST"OY[T\N[\WT"[YT"TUjS\W[T" u[N\‡YgRS
ŠŠ]"vbub"waN[\"‹YXR"n"u["SaaUT\XN\WP"„USPW"\Y"`aY‚WXS[„" TOWYXR"
X`YaY„SN"W"‹STSYaY„SN"u[SRNa]"PN"‹{u™"n"
RNSYX"XWaWmt[OSN"VNXN"NT"N\SmSPNPWT"XWaNOSY[NPNT"OYR"NT" {tRVUT"PW["\NYj"YP\WSO"NzY
†bbb"N"†bb†b
XVfYaY„Íb"lo`YXP"}[SmWXTS\Í¿"|W‚"YXÎ]"””b
jNa"’"}|g~wb
PSTOSVaS[NT"WR"OY[OUXTYb
—bb"u"S[WoN\SP^Y"W›YU"SXXW„UaNXSPNPWT"[YT"PYOURW[\YT]" VaN[\‡"RY
}
{

u
|u
|
]
"
‡
b
‡
b
Ž
"
yx
}
‰
~
~
g
z]
"
–b
Ž
"

l|g
~
]
"
x
b
Š
b
"
‡
S
Y
O
f
W
RS
T
\
X
Í
"
l"
O
Y
[
[ST\XNX"NUaNT"[YT"VWX€YPYT"PSUX[Y"W›
N"vSP_\SON¿"mWXTNX_"TYjXW"UR"PYT"VY[\YT"XWaNOSY[NPYT" YU"[Y\UX[Y\]X"NP\WNVPWY["PPWW[mWPXY_""PRS
RWTRY"iUW"mWXS`SONPNT"N"iUNaiUWX"\WRVY]"WR"WTVWOSNa"VYX" N[P"RYaWOUaNX"jSYaY„Í"Y`"VaN[\Tb"xYOÎmSaaW¿"uRWXSON["~YOSW\Í"Y`" [Y"wnX"Yw„XXYNmRN
]"VNX\W"S[\W„XN[\W"PWT\W"gPS\Na]"W"OY[T\NX_"PW"NUaN" b"xgz}|gxuÀÁl NT"[WOWTTSPNPWT"PY"vWVNX\NRW[\Yb
YONTS^Y"PN"OY[\XN\Ne^Y]"NONXXW\NX^Y"N"[UaSPNPW"PN"S[TOXSe^Y"OYR" waN[\"wfÍTSYaY„ST\T]"——b"†—qVb
\
W
Z
X
S
O
N
]
"
W
R"
[
€
m
W
a
"
P
W
"
„
X
N
P
U
N
e
^
Y
]
"
O
Y
R"
P
U
X
N
e
^
Y
"
P
W
"
[
Y
"
R€
[
S
RY
"
†
—
"
\YPNT"NT"TUNT"PWOYXXQ[OSNT]"TWR"VXWpU€rY"PNT"PWRNST"RWPSPNT"PW" {lŠŠ]"b‡bŽ"xlvx‰yl]"yb|bŽ"yux{‰u]"‡b~bŽ"ŒuzÊ~]"xb~b"‹STSYaYn RS[U\YT"W"[Y"R_oSRY"k—"RS[U\YTb
bb"l"TNa_XSY"PW"wXY`WTTYX"~UjT\S\U\Y"ˆ"PW"xÂ"bkc†]”q]"
YXPWR"NPRS[ST\XN\SmN]"O€mWa"YU"OXSRS[Nab
"zNPXS¿"gPSOSY[WT"wSXtRSPW]"——b"dkkVb
OYXXWTVY[PW[\W"s"XW`WXQ[OSN"z~nƒb]"WR""fYXNT"TWRN[NSTb
—bƒb"l"ON[PSPN\Y"OY[\XN\NPY"S[„XWTTNX_]"S[SOSNaRW[\W]"WR" „SN"mW„W\Nabl|
]"–b{b"‰[\W„XN\SmW"waN[\"u[N\YRÍb"NXOYUX\"uONPWn ††bbbb"ub"Tu"V[X_YaSmTNWT""{\WUXX^XSYO"UYaNT"XT"nW"„VUWST[Y\"WT""šVPWYTSTYœT"¿W"TWX_"NS[PN]"VY[\Un l‡~¿"{NTY"Y"ON[PSPN\Y"\W[fN"\€\UaY"TUVWXSYX"NY"WoS„SPY]"Y"
pYX[NPN"PW"†—"šiUNXW[\Nœ"fYXNT"TWRN[NST"PW"\XNjNafY]"NTTSR" RSO"wvX‰W{T˜T¿‰"~lo
TNa_XSY"TWX_"OYXXWTVY[PW[\W"s"\S\UaNe^Yb
US[\W"`YXRN¿
VWXRN[WOW[PY"N\ˆ"iUW"TWU"waN[Y"yaYjNa"PW"u\SmSPNPWT]"XWaN\SmY" g~u}]"˜b`"YwXaPN]["\"—N—[—Nb\YRÍb"bWPb]"Yf["–SaWÍ"Ï"~Y[T]"|W‚" NPN"PNNœ""`TYWX„RN
wYX"\XN\NXnTW"PW"OY[\XN\Ne^Y"WR"ONX_\WX"WRWX„W[OSNa"W"
e^Y"W"\€\UaY"NONPQRSOY"n"VWTY""šURœ
NY"xW„SRW"PW"vWPSONe^Y"‰[\W„XNa"s"vYOQ[OSN"W"s"wWTiUSTN"’" YXÎb"”kdb
\WRVYX_XSN]"NS[PN"iUW"Y"ON[PSPN\Y"mW[fN"N"Yj\WX"\S\UaNe^Y"
xv‰vw]"TWpN"N[NaSTNPY"VWaYT"ZX„^YT"OYRVW\W[\WT"PN"}|g~w"W" g™gxŒ]"xb‹b"u[N\YRSN"PNT"VaN[\NT"PW"gTNU¿"RWXST\WRNT]" jOœœ""NN\\SSmmSSPPNNPPWW""POSSWP[_\\€S`OSNO"Nn""nV"WVTWYTY"""š"PšYUSRœ
N
O
N
P
QRSON"TUVWXSYX"NVZT"N"NTTS[N\UXN"PY"OY[\XN\Y]"WT\N"[^Y"TWX_"
T
œ
jNSoNPY"N\Y"iUW"VWXRS\N"TWU"S[„XWTTY"[WTTW"XW„SRW]"WR"WT\_„SY" OˆaUaNT"W"\WOSPYT"PY"OYXVY"PN"VaN[\Nn"TUN"WT\XU\UXN]"`U[e^Y"W" †bbb"wXYmN"vSP_\SON"n"VWTY""šURœ
OY[TSPWXNPN"VNXN"`S[T"PW"NURW[\Y"TNaNXSNab
VXYjN\ZXSYb
PWTW[mYamSRW[\Yb"‡aUOfWX]"~^Y"wNUaYb"—ƒ

b"‰|~{x‰ÀÃg~
†
b
ƒ
b
"
l"
T
Y
X
\
W
S
Y
"
P
Y
"
V
Y
[
\
Y
"
V
N
X
N
"
N
"
V
X
Y
m
N
"
P
S
P
_
\
S
O
N
"
T
W
X
_
"
X
W
N
a
S
r
N
P
Y
"
b"v‰~wl~‰ÀÃg~"ygxu‰~
PSNT"½\WST]"[Y"VWX€YPY"
bb"“UN[PY"YT"VXNrYT"VXWmST\YT"VNXN"S[TOXSe^Y"W›YU"XWOUXn ‹XuP]"|”]”"u—bb"waN[\"N[N\YRÍb"†bWPb"‡U\\WX‚YX\fnWS[WRN[["Š\P¿" Pƒ]S"NP"WTƒ\›N—"‹N›O—UaPdN]"PsWTb"—”"fYXNT]"[N"TNaN"PW"NUaN"PY"vg|]"[Y"jaYOY" PW"d"bN"b"uƒTn"S[nTO—XSedh]"W[TY"T"fWYX^X_YX"SXYW"OPWNjTS"PqN"Ts]T"W"R"
"W"PNT"†"sT"c"fYXNT]"
TY"\WXRS[NXWR"WR"T_jNPY]"PYRS[„Y]"`WXSNPY"YU"PSN"WR"iUW"[^Y" lo`Yy‰
‹
‹
lx
v
]
"
g
b
"
zb
Ž
"
‹
l~
Œ
g
x
]
"
u
b
~
b
"
zY
X
V
f
Y
a
Y
„
Í
"
N
[
P
"
g
m
Y
a
U
\
S
Y
[
"
SON"PW"{YRU[SONehWT"PN"‹{u™"’"{tRVUT"PW"
fYUmWX"WoVWPSW[\W"YU"iUW"Y"WoVWPSW[\W"`YX"W[OWXXNPY"N[\WT"PY" Y`"™NTOUaNX"waN[\Tb"ƒbWPb"–b"b"‹XWWRN["N[P"{YRVN[Í¿"|W‚" sT"—”†"bf†Yb"XuN"T]w"[XYNm"TNN"avN"SP[_N\"STONNa"NT"PWXW_""NXUWaNN"aSPrYN"PvNg"|[]Y"["PYS"Nj"aYO†Y›"—ƒ]›"P—WT\dN]"" [NNj"Y~\WSOeN^jYN"aŒ"’ˆO"}[|g
~w]"TS\UNPN"s"™SN"PW"uOWTTY"wXY`b"wNUaY"vY[N\Y"
fYX_XSY"[YXRNa]"WT\WT"`SONX^Y"NU\YRN\SONRW[\W"VXYXXY„NPYT"N\ˆ" YXÎ]"”qqb
{NT\WaaN[W]"T›[¾]"ÄY[N"xUXNa]"WR"NjY\SONjNa"’"~wb
‹NOUaPNPWb
Y"VXSRWSXY"PSN"½\Sa"TUjTWiÇW[\Wb
bb"l"ON[PSPN\Y"iUW"\SmWX"S[\WXWTTW"[N"XWPUe^Y"PN"\NoN"PW"
g"vg~gzwuŒg
bb"lT"ON[PSPN\YT"TWX^Y"OY[mYONPYT"VNXN"NT"VXYmNT"PW" [NjN˜XNg"x˜‡YuY}„N]["y]"b‡—b"—‹qSTb"S†YdaY„VSbN"mW„W\Nab"bWPb"xSY"PW"N[WSXY¿"yUNn ddbb"vb"u~"WX^uY‡"‰OŠY‰Œ[uTSÀPÁWXlN]P"{YŠTu"N~V~X‰Y‹m‰{NuPYÀTÁ"l"
N\YT"iUW"Yj\Sn S[TOXSe^Y"PWmWX_"S[TOXWmWXnTW"[YT""VXSRWSXYT"PSNT"PY"VWX€YPY"PW"
iUW"\XN\N"Y"S\WR"c]"VYX"RWSY"PW"WPS\Na"N"TWX"VUjaSONPY"[Y"vlg" zuxg|{l]"xbubŽ"Šlwg~]"|b‹b"‹STSYaY„SN"mW„W\Nab"bWPb"™SeYTN¿" mWXWR"[Y\N"S„UNa"YU"TUVWXSYX"N"c"šTW\Wœ]"YVTY"XO"VN[WaPYS"PRW
[YT""šPYSTœ" S[TOXSe^Y]"TN\ST`WS\NT"NT"WoS„Q[OSNT"PY"S\WR"db
OYR"N[\WOWPQ[OSN"R€[SRN"PW"—d"šOS[OYœ"PSNT"½\WSTb
WXTSPNPW"‹WPWXNa"PW"™SeYTN]"——cb"†k”Vb
bƒb"|^Y"TWX^Y"XWOWjSPNT"S[TOXSehWT"VYX"mSN"VYT\Na"YU"
RWRjXYT"PN"{YRSTT^Y"PY"{Y[OUXTYb
bƒb"~WX_"WaSRS[NPY"PY"OY[OUXTY"V½jaSOY"Y"ON[PSPN\Y"iUW" }[Smzu
}
~
g
Œ

]
"

b
v
b
"
w
a
N
[
\
"
N
[
N
\
Y
RÍ
b
"
Œ
f
W
"
‡
W
[
p
N
RS
[
›
{
U
RRS
[
„
T
"
dbb"u"|Y\N"‹S[Na"TWX_"N"RˆPSN"PNT"[Y\NT"N\XSjU€PNT"VWaYT" S[\WX[W\b
[^Y"OYRVNXWOWX"[N"TNaN"YU"aYONa"PW"TYX\WSY›VXYmN"[Y"fYX_XSY" wUjaSTfS[„"{Y¿"{NaS`YX[SN]"”qqb
‰ÀÃg~"wuxu"‰|~{x‰ÀÁl
RW
Rj
X
Y
T
"
P
N
"
{
Y
RS
T
T
^
Y
"
P
Y
"
{
Y
[
O
U
X
T
Y
b
WT\NjWaWOSPYb
~]"{b–b"‹STSYaY„SN"PNT"waN[\NTb"~^Y" dbƒb"l"ON[PSPN\Y"TWX_"OaNTTS`SONPY"PW"NOYXPY"OYR"N"|Y\N" ƒƒbb"{b"l|v
wYPWX^Y"S[TOXWmWXnTW"„XNPUNPYT"WR"OUXTY"TUVWXSYX"iUW"
b†b"l"XWTUa\NPY"`S[Na"PY"OY[OUXTY"TWX_"VUjaSONPY"[Y"vlgb wNUaY~¿u"{ŠW‰~[‡„}Nx„W]""Š‹WbN‡Xb[Ž"S[x„l~
b
\W[fNR]"[Y"R€[SRY]"\€\UaY"PW"vYU\YXb"u"iUNaS`SONe^Y"[WOWTT_XSN"
‹S[Na"Yj\SPNb
bdb"{NjWX_"XWOUXTY"s"{Y[„XW„Ne^Y"PN"}[SPNPW]"[Y"VXNrY" ~l}Äu]"Šbub"zYX`YaY]„"SN—"Wƒ"Nb"[cNc\†YVRS
N
"
m
W
„
W
\
N
a
Ž
"
O
ˆ
a
U
a
N
]
"
\
W
O
S
P
Y
T
]
"
db†b"|Y"ONTY"PW"WRVN\W]"TWX^Y"OY[TSPWXNPYT]"TUOWTTSmNRW[n s"S[TOXSe^Y"VNXN"Y"OY[OUXTY"TWX_"PWRY[T\XNPN"VYX"WT\UPYT]"WR"
PW"—d"šOS[OYœ"PSNT"½\WST]"OY[\NPYT"PN"PN\N"PW"VUjaSONe^Y"[Y"vlg]" ZX„^YT"W"Vat[\UaNb"}gwy¿"wNXN[_]"——ƒb
[€mWa"PW"„XNPUNe^Y]"[N"_XWN"PY"OY[fWOSRW[\Y"s"iUNa"TW"S[\W„XN"
US[\WT"OXS\ˆXSYT"PW"PWTWRVN\W¿
PY"XWTUa\NPY"`S[Na"PY"OY[OUXTYb"u"{Y[„XW„Ne^Y"\WX_"Y"VXNrY"PW" Œu‰Ä]"ŠbŽ"Äg‰ygx]"gb"‹STSYaY„SN"mW„W\Nab"dbWPb"wYX\Y"uaW„XW¿" \W]"YTn""TOWY„R"
SPNPW"S„UNa"YU"TUVWXSYX"N"k—"N[YT]"[YT"\WXRYT"PN"ŠWS" Y"OY[pU[\Y"PW"PSTOSVaS[NT"YjpW\Y"PY"OY[OUXTYb
—"šPWrœ"PSNT"½\WST"VNXN"XWTVY[PWX"Y"XWOUXTY]"N"OY[\NX"PN"PN\N" uX\RWP]"—ƒb"”qVb
‹WPWXNa"—bc†›——ƒ]"W[\XW"TS"W"`XW[\W"NYT"PWRNST]"TW[PY"iUW" ƒbbb"lT"PSVaYRNT"PW"„XNPUNe^Y"OYR"mNaSPNPW"[NOSY[Na"
PY"TWU"VXY\YOYaYb
YU"YT"Yj\SPYT"[Y"Wo\WXSYX"TWX^Y"NOWS\YT"VNXN"`S[T"PW"S[TOXSe^YŽ
TWX_"PNPN"VXW`WXQ[OSN"NY"PW"SPNPW"RNST"WaWmNPNŽ
žŸ ¡¢"£¤"СžÑž¨©ÒС¤¨Ó
bkb"l"ON[PSPN\Y"OY[\XN\NPY"PWmWX_"VXWT\NX"TWXmSeYT"PW[\XY" "
ƒbbbb"lT"PSVaYRNT"PW"„XNPUNe^Y"Yj\SPYT"[Y"Wo\WXSYX"
n"RWafYX"RˆPSN"[N"wXYmN"vSP_\SONŽ
PY"fYX_XSY"WT\NjWaWOSPY"VWaN"uPRS[ST\XNe^Yb
PWmWX^Y"WT\NX"XWmNaSPNPYT"VYX"}[SmWXTSPNPWT"w½jaSONT]"N\W[n
«¬­®¯°¬°±"°±"Ôµ¸±µÕ¬¹³¬
n"RWafYX"VY[\UNe^Y"[N"u[_aSTW"{UXXSOUaNXŽ
bcb"l"ON[PSPN\Y"NVXYmNPY"OUpY"{w‹"[^Y"WT\WpN"XW„UaNn "
P
W
[
P
Y"YT"\WXRYT"PY"NX\S„Y"†q"PN"ŠWS"PW"vSXW\XSrWT"W"‡NTWT"PN"
n
"
RN
S
T
"
S
P
Y
T
Y
"
W
[
\
X
W
"
N
i
U
W
a
W
T
"
O
Y
R"
S
P
N
P
W
"
S
[
`
W
X
S
Y
X
"
N
"
k
—
"
N
[
Y
T
b
v
"
g
~
w
u
{

l"
v
l"
w
x
g
~
‰
v
g
|Œ
g
"
v
u
"
{
lz‰
~
~
Á
l
]
"
v
g
"

ƒ
n
—

n

—

d
XSrNPY]"[^Y"TWX_"OY[\XN\NPY]"OY[`YXRW"lXSW[\NehWT"yWXNST"W" lzlŠlyu|vl]"Y"{Y[OUXTY"w½jaSOY"VNXN"OY[T\S\USe^Y" kb"vu"{l|ŒxuŒuÀÁl
OSY[Na"’"Šv‡"[¾"”bƒ”†›””kŽ
‰[T\XUe^Y"|YXRN\SmN"~x‹"[¾"”—]"PW"—”"PW"N„YT\Y"PW"——"W" PY"{NPNT\XY"PW"vYOW[\WT"PY"{Yaˆ„SY"ŒˆO[SOY"‰[PUT\XSNa"PW" kbb"Y"ON[PSPN\Y"OaNTTS`SONPY"WR"¾"aU„NX"TWX_"OY[\XN\NPY" gPUOƒNbe^bY"b"|N
lT"PSVaYRNT"PW"zWT\XNPY"W"PW"vYU\YXNPY"TWX^Y"
VYT\WXSYXWT"PN"xWOWS\N"‹WPWXNab
N
O
W
S
\
Y
T
]
"
i
U
N
[
PY"Yj\SPYT"WR"OUXTYT"PW"VZTn„XNPUNe^Y"XWOYRW[n
W
R"
X
W
„
S
RW
"
P
W
"


"
f
Y
X
N
T
"
T
W
RN
[
N
S
T
"
P
W
"
\
X
N
j
N
a
f
Y
"
V
N
X
N
"
Y
"

¾
"
T
W
RW
T
\
X
W
"
yU
N
X
N
\
S
[
„
U
W
\
_
"
Ö
w
X
Y
`
W
T
T
Y
X
"
{
N
X
a
Y
T
"
u
U
„
U
T
\
Y
"
w
N
\
X
€
O
S
Y
"
u
RY
X
S
R×
]
"
bqb"u"VWXRN[Q[OSN"PY"ON[PSPN\Y"OY[\XN\NPY"`SONX_"OY[n
PNPYT"VWaN"{uwg~"W"NU\YXSrNPYT"VWaY"{Y[TWafY"|NOSY[Na"PW"
W"ujWX\UXN"PW"‰[TOXSehWT"[¾"†›—†n{Œ‰y› aW\SmY"PW"—d"W"VWaY"VXNrY"R_oSRY"PW"—d"RWTWTb
PSOSY[NPN"NY"XWOY[fWOSRW[\Y"PN"WiUSmNaQ[OSN"PY"\€\UaY"VWaN" X‹Wg`yWX]"WV[U\jWa"SNOYN"PgYP"S[\NYa""vPlg
”›—†]"YjpW\SmN[PY"N"NPRSTT^Y]" kbb"l"OY[\XN\Y"PW"\XNjNafY"VYPWX_"TWX"VXYXXY„NPY]"URN" gPUONe^Y"š{|gœŽ
}|g~w]"iUN[PY"Y"RWTRY"\W[fN"TSPY"Yj\SPY"WR"OUXTY"[^Y" WR"ONX_\WX"\WRVYX_XSY"]"PVWN"ƒXN—"›—RS
ƒ
b

b
ƒ
b
"
lT
"PSVaYRNT"PW"zWT\XNPY"W"PW"vYU\YXNPY"Yj\SPYT"[Y"
½
[
S
O
N
"
m
W
r
]
"
V
Y
X
"
S
„
U
N
a
"
V
W
X
€
Y
P
Y
b
[ST\XNX"NT"NUaNT"iUW"TUX„SXWR"
OXWPW[OSNPYb
Wo\WXSYX"TWX^Y"NOWS\YT]"PWTPW"iUW"WT\WpNR"XWOY[fWOSPYT"W"XW„STn
PSTVY[€mWST"šaSmXWT"YU"WR"TUjT\S\USe^Yœ]"PUXN[\W"Y"N[Y"aW\SmY"PW" kbƒb"SRVaSONX_"[N"XWTOST^Y"OY[\XN\UNa¿
b”b"‰RVaSONX_"[N"XWTOST^Y"PY"OY[\XN\Y"PY"TWXmSPYX¿
\
X
N
P
Y
T
"
V
Y
X
"
U
[
SmWXTSPNPWT"iUW"VYTTUNR"OUXTYT"PW"VZTn„XNPUNe^Y"
N
œ
"
Y
"
\
ˆ
X
RS
[
Y
"
P
Y
"
V
X
N
r
Y
"
V
N
X
N
"
Y
"
i
U
N
a
"
`
Y
S
"
O
Y
[
\
X
N
\
N
P
Y

—

d
b
"
š
w
X
Y
O
W
T
T
Y
"
k
c
—
›

—

†
n
‹
g
yœ
Nœ"N"[^Y"NVXWTW[\Ne^Y"PY"wXYpW\Y"PW"wWTiUSTN"WR"OY[TYn
XWOYRW[PNPYT"VWaN"{uwg~"W"NU\YXSrNPYT"VWaY"{Y[TWafY"|NOSYn
jœ"OWTTNe^Y"PY"RY\SmY"iUW"„WXYU"N"OY[\XN\Ne^Y
Š"[¾"——ƒ›—d"n"‹gy›~Œvux
[t[OSN"OYR"Y"waN[Y"yaYjNa"PW"u\SmSPNPWT"[Y"VXNrY"R_oSRY"PW" "guvOf‰ŒNuRn
[
N
a
"
P
W
"
g
P
U
O
N
e
^Y"š{|gœb
O
œ
"
N
"
[
^
Y
"
N
V
X
W
T
W
[
\
N
e
^
Y
"
P
N
"
O
ˆ
P
U
a
N
"
P
W
"
S
P
W
[
\
S
P
N
P
W
"
O
Y
R"
m
S
T
\
Y
"
T
W
"
N
j
W
X
\
N
T
]
"
[
Y
T
"
\
W
X
RY
T
"
P
Y
"
v
W
T
V
N
O
f
Y
"
d
†
d
›

†
n
w
x
u
P
]
"
ƒ—"š\XS[\Nœ"PSNT"OYXXSPYT]"PWmSPNRW[\W"VXY\YOYaNPY]"N"OY[\NX"PN" VUjaSONPY"[Y"vlg"PW"c››—†]"OYR"jNTW"[N"xWTYaUe^Y"}[WTV" VWXRN[W[\W]"[Y"ONTY"PW"ON[PSPN\Y"WT\XN[„WSXY
ƒbb"l"ON[PSPN\Y"WT\XN[„WSXY"VYPWX_"S[TOXWmWXnTW"[Y"OY[n
PN\N"PW"TWU"WoWXO€OSYŽ
OUXTY"V½jaSOY"OYR"VNTTNVYX\W]"W[\XW\N[\Y]"VYX"YONTS^Y"PN"
[\NPN"VWaN"wYX\NXSN"}[WTV"cc›——"W"xWTYaUn cb"vu~"v‰~wl~‰ÀÃg~"ygxu‰~
jœ"WR"ONTY"PW"[^Y"fNmWX"VNXWOWX"`NmYX_mWa"s"NVaSONe^Y"PY" keh›W—T"—}[]"WXWTV„"U”aNcRW
O
Y
[
\
X
N
\
N
e
^
Y
"
P
W
mWX_"NVXWTW[\NX"N"OˆPUaN"PW"SPW[\SPNPW"OYR"mST\Y"
c
b

b
"
l"
X
W
T
U
a
\
N
P
Y
"
`
S
[
N
a
"
P
Y
"
O
Y
[
O
U
X
T
Y
"
T
W
X
_
"
V
U
j
a
S
O
N
P
Y
"
[
Y
"
v
S
_
X
S
Y
"
›—]"k›—d]"kk›—d]"q”›—ƒ"W"””›—ƒ]"[Y"VWX€YPY"PW"
XW„SRW"WTVWOSNa"PW"\XNjNafY"PYOW[\W"NY"S[\WXWTTNPYŽ
\WRVYX_XSY"OYR"VXNrY"PW"mNaSPNPW"OYRVN\€mWab"{NTY"NS[PN"[^Y"
T"—qfƒ—"sT" l`SOSNa"PY"gT\NPY"n"wYPWX"goWOU\SmY"n"~We^Y"‰b
Oœ"Y"[^Y"XWOY[fWOSRW[\Y"PN"WiUSmNaQ[OSN"PY"\€\UaY"VWaN" ”›f—ƒ—›"W—"PdNT""N"†ƒf—"›s—T"›k—fƒd—]"]"P[WN""T~WW„eU^Y["PŒNˆ"ON["SOTWNo"P\NW]""{PYNRU
cbb"{NjWX_"XWOUXTY"s"{Y[„XW„Ne^Y]"[Y"VXNrY"PW""šPYSTœ" VYTTUN]"PWmWX_"NVXWTW[\NX"[Y"VXNrY"PW"ƒ—"PSNT]"OZVSN"TSRVaWT"PY"
[
S
O
N
e
h
W
T
]
"
}|g~wŽ
NXN\S[„UW\_]" PSNT"½\WST]"OY[\NPYT"PN"PN\N"PW"PSmUa„Ne^Y"PY"XWTUa\NPY"`S[Na"PY" VXY\YOYaY"PY"VWPSPY"PY"mST\Y"\WRVYX_XSYb
Pœ"iUN[PY"PY"VXYmSRW[\Y"PY"ONX„Y"PW"wXY`WTTYX"uTTST\W[\W" TNST\"US[NTPONX"Sse"huWmTb""vNYXb""u{XYSj[WOUX\XYT"Yw"WwX½WjSXaNSO"PYN"P"{WU"V[XfYNm]N"ƒT"ƒWƒ""\n€"\yU
UaYT"VNXN"{Y[n OY[OUXTYb"u"{Y[„XW„Ne^Y"\WX_"Y"VXNrY"PW""šPSNTœ"PSNT"½\WST"VNXN" ƒbƒb"|^Y"XW„ST\XNX"N[\WOWPW[\WT"OXSRS[NSTb
[N"PSTOSVaS[N›OY[pU[\Y"PW"PSTOSVaS[NT"YjpW\Y"PN"OY[\XN\Ne^YŽ \XN\Ne^Y"PW"—"šURœ"wXY`WTTYX"~UjT\S\U\Y]"WR"ONX_\WX"WRWX„W[n XWTVY[PWX"Y"XWOUXTY"SRVW\XNPY]"N"OY[\NX"PN"PN\N"PY"VXY\YOYaY" ƒb†b"gT\NX"OYR"Y"{w‹"XW„UaNXSrNPYb
Wœ"TW"Y"OaNTTS`SONPY"WR"¾"aU„NX"[Y"OY[OUXTY"V½jaSOY"VNXN" OSNa"VNXN"N\W[PWX"WoOWVOSY[Na"S[\WXWTTW"V½jaSOY]"OYR"\S\UaNe^Y" PY"XWOUXTYb
†b"vl{}zg|Œl~"|g{g~~Åx‰l~"wuxu"u"‰|~{x‰ÀÁl
VXYmSRW[\Y"PY"ONX„Y"[^Y"`YX"Y"ON[PSPN\Y"OY[\XN\NPY]"ONjWX_"s" R€[SRN"PW"zWT\XW]"VNXN"Y"¾"TWRWT\XW"aW\SmY"PW"—d"W"VWaY" cbƒb"l"VXNrY"PW"mNaSPNPW"PWT\W"OY[OUXTY"TWX_"PW"k"šTWSTœ" †bb"xWiUWXSRW[\Y"PSXS„SPY"s"vSXW\YXN"PN"}[SPNPW]"S[PSON[PY"
uPRS[ST\XNe^Y"VXYmSPW[OSNX]"U[SaN\WXNaRW[\W]"N"XWTOST^Y"OY[\XNn VXNrY"R_oSRY"PW"—d"RWTWT]"WR""fYXNT"TWRN[NST"PW"\XNjNafY]" RWTWT]"VYPW[PY"TWX"VXYXXY„NPY"URN"½[SON"mWr]"VYX"S„UNa"VWX€Yn [YRW"OYRVaW\Y]"[½RWXY"PN"OˆPUaN"PW"SPW[\SPNPW]"PN\N"PW"[NTOSn
\UNa]"OYR"Y"VN„NRW[\Y"PNT"mWXjNT"XWTOSTZXSNT"PWmSPNTŽ
TYj"Y"XW„SRW"pUX€PSOY"PN"{ŠŒ"W"ŠW„STaNe^Y"{YRVaWRW[\NX]"pU[\Y" PY]"N"OXS\ˆXSY"PN"NPRS[ST\XNe^Yb
RW[\Y]"`SaSNe^Y]"[N\UXNaSPNPW]"WT\NPY"OSmSa]"XWTSPQ[OSN]"VXY`STT^Y"W"
`œ"N"[^Y"NVXWTW[\Ne^Y"PN"OˆPUaN"PW"SPW[\SPNPW"OYR"mST\Y" NY"vWVNX\NRW[\Y"PW"g[WX„SN"PWT\N"‹NOUaPNPW"PW"g[„W[fNXSN]" cb†b"wYX"\XN\NXnTW"PW"OY[\XN\Ne^Y"WR"ONX_\WX"WRWX„W[OSNa" W[PWXWeY"WaW\X‘[SOY]"S[T\XUS[PYnY"OYR"YT"TW„US[\WT"PYOURW[\YT]"
W"\WRVYX_XSN]"NS[PN"iUW"Y"ON[PSPN\Y"mW[fN"N"Yj\WX"\S\UaNe^Y" OZVSNT"TSRVaWT¿
VWXRN[W[\W]"[Y"ONTY"PW"ON[PSPN\Y"WT\XN[„WSXYb
VNXN"aWOSY[NX"N"PSTOSVaS[N¿"‹g|Øzg|l~"vg"Œxu|~wlxŒgb

31 Rali Noia

Flugplan