LBLSIZE=2048 FORMAT='BYTE' TYPE='IMAGE' BUFSIZ=20480 DIM=3 EOL=0 RECSIZE=1024 ORG='BSQ' NL=1024 NS=1024 NB=1 N1=1024 N2=1024 N3=1 N4=0 NBB=0 NLB=0 HOST='VAX-VMS' INTFMT='LOW' REALFMT='VAX' TASK='LOGMOS' USER='ETR343' DAT_TIM='Tue Mar 12 04:36:13 1991' SPECSAMP=156709 SEAM='UNCORRECTED' SEAM_AGE=1 SWINDOW=30 MINFETHR=10 MAP_PROJ='SINUSOIDAL' SEAMLOC='YES' WHICHPIX='ALL_PIXELS' IMAGE='RADAR CROSS SECTION POWER' DN_UNITS='DECIBELS' M_SPDN_1='MISSING DATA' LOW_REP=-20.0 HI_REP=30.0 LOW_DN=1 HI_DN=250 N_SPDN=1 SPDN_1=0 REV_STRT=1046 REV_END=1110 N_SEAMS=2113 TASK='SFASTMOS' USER='PMA343' DAT_TIM='Thu Jul 25 18:06:57 1991' LAT_UL=58.90919289375644 LON_UL=112.6975795016078 LAT_LL=58.18269831713419 LON_LL=112.6686736276398 LAT_UR=58.90919289375644 LON_UR=114.1044352184258 LAT_LR=58.18269831713419 LON_LR=114.0466657924136 PROJ_LON=111.2886609464954 SPECLINE=82952 PROJSAMP=-1024 PIXSIZ=75 PRODUCT='F-MIDR.60N111;1' SUBFRAME=46 SUBF_ROW=6 SUBF_COL=6 SUBF_TOT=56 PRODTYPE='F-MIDR' TASK='COPY' USER='PMA343' DAT_TIM='Thu Jul 25 18:46:07 1991' L8KTUVY\\VRNTTDBKSYVUYXNQY^QCQ\\SRQTURTQLLQQKEFJOSWLLVZT]ejcURWUYYSPZ]WKW^]WXXVOHFMPMPJFR]owq^FHQQUXSC@NRMWUQJIMMINMOSSMRTVX[UMCANXYTUKHRVOOTXRTQNNRSUXUTYSMFHLVZQJJKEC@84=JHJZ`YUZUUQQKRTSJJMYXMIOSSLEENUVNIRVYRMRQRZVLJMMJLVXMALTVXVSTN@@GIFJELU[[WPPTVWUUQSMHIW]YTTTMSWZTE<@Q`cXGDQ]b^YUWTJJNOMQLHPZ^b`NGQVQOT]_TLUQIU]TSYXLJORQUWMOWY\\\QHMWace`WW\RC?OXPQZZ^^Z_`^b^ZXUW`a_RSU^dca`X_e]Ydkd[_d\LP\YQVSLQYa`VGOSNPINPPTXVSKLPPUVNPPLRWXSC[aVZ]^WJGVWOMVQKbjeZY\QVW]ouhXYac_WQKNXXOEIUWXUW[SIQWUbeYUNGIWe`TNPZWTJ5Xghee`UKIGDLRY][QIQKV[YNIXZRQWSRQPQ\_^Z^bd^VOTNANXVGMNV[[RR\ZOLHW_`WM_cUNV]c]]fiaZLOW^_YJ^gkdUPXUZ[ZZTKO`c_OTb`LLUYXS]he`]TRhjfb[_`ZWXTLHPQQSUU[YQUZ^YMMYge[WZWS]gb[Zdljeadb_]VP\^PGU[^eg`T^`^aZZ`b\TXZTTRYXUYbb`]SR[fcWTYWRRPRRQNNKOLGKNMVROTSUYXVINZ[XY\\]^[SSYUIOWRNVVQJSZ[VRLGHORUXYZVHGNPNP[[TRPQNSYWJJKMH;?MWSOUVTMJQNSZ^LF`hdYYYVMRSGFLFGVSDLQVUNPQLQUYYTUG@SVSQSNOOZ_[RJNXWSVOIMQLLWWYTNPIEFGHLMT^ed]^]ZVSPOQNDCDG?N_aQNRSOPIJUXZXQQYZ`e`WZ^VBPUUK9NZa]WTIKTZ]^YTTWUTRX\WLOWURXZLITMAMTOHFUWOJLVYTPVVMMS\fibWRN9MWY\SM^g^X^`]WUYZVOOEGKOGLW^XSSNJDFSSWYURZ\SUWWULKTVPTRQWUV[abaZQJKR[\ZOHNOSZV]b[MCGLEGZ_ZPJQNMXXXPCCJPMEIIHRUX_`YDFSKS\VGIVZJDNNNRXTEGRNGLKJIPVXVY[UOUYPLNZWQHGQ[YVZ\XVWX\bXME>NRO[^XRQQMJACC>EKR^e^R^^ZJPYWOKLBEFINPHQRJUYVX][GALKJOYXTWWRKQNOQQQMIS^`YMPLC@DKLFD98N`faRLOIITXUWO@5EZacaWLPSXQG=?AZ^YPXMOM\gdLBGHOXWWZY[\MGHF@CRXLM_b\PPORY^WPUVNKWZYekbPRWU[a[ONMSVYTRWXQZ[XUOU[_]\SQ[^VTUVW^`]^YZ^acefd\W[Z_b^QT^_\^]^]SUWTTV[YOISZUONSXJLQKOVTTVVX][W]]TMMOW\YUOPY]RK^^]WQHSVXTS^]^`YhoeO[XOPYRHW]WMKENSJEJHKCM`YVYYSSSKT^XFGWWHPSWivrbTZZZ]ZQLNPT\XPTI>:MPX`aY[]ULMUW\bf`UV[YTJMXZVPOOU[[YUUUPQNRXXW\[`gcSP]b^Y]df`TV^`e_[Zagfc`\ab]`dca[Xfh`NDNRSXULS[a[Xbc``c^Z_a[]XTQJKY[XRMRZVPPPOTZZZTTMUUY`WLUVWY`knjjhbXWSIRYTHNTKUbeafjdac^YZWS[cZINOJQYZVNMP[[ZWZ[VPR\[SU[YRMT]UKJG8JQRX_\LB=G[^X\YTYWMIJOKCDJKKWVRZ\YVXXUMKHEHPPRRSYXICMVce[SJFLUXNGQTJ:DKSWWWRDALUUOQWWRUUVSVURVVQMMTXYSE>NPRTMSWQNLSXXYTKHMYWXXYQX\ZQBNY[VRA>MWWMS[]SM`e[MOWUW`^XU[YSJOUZZUSLJIJLVY]^\MTVYY[_]_^\WSV`^VLS\]VMEIKFDR_aTKGOXYQPSRXYWQXYabZJLOPQPT[ZXVOUTLMW]\WQWYTPNQRSPWbcZNNPOKXWSRPNVZ[]e_PLUWNQNQRGJI@O^`WMPRIPZWSTVUTSUZ^UNUWRTOXZTQKJNNNJRZWOOROKNMLLMIKPNXa]KHUZUEFSRO^TOLWPQLQZ^NEHOX[RPZVWYUNK?>PZ^VQ]^]TCNY[XYVZ]TTYYY^e_PKT^gh`RLOKR^_]\UPRNSXZ\__[WSQ`hbVSKUhmkaZWXTNU][XXZUR_bYROLO[VKTY[W[[TQVXSH@:HPRWOGOILNNSaaSMWXTUVTQWMLNUUMJTXSW\[XRRUURNOZb``hg^WZ^ZVKHON^d_NLOQTY^WQOR\jbNQ\XRUVZWCGUUXRLWaglgZWRNTYZYQJV`c`UPODRVKEPUVXYPQ\^]VJUYX[\Z_b^\QGKSTPUUSNOVQPRY]UTNLR]^\\`aUP^]X`fgdZW^iic_`XUdf\SX]ZQX_gkaVZZY[\XMR[a\WXTZ`[POX_UXZY]XTXYXGJY_\be]R]`ec^VTUMT]`\ZZ`cafjf^_e_QORWXQDNTX^^^bhfiieaOHLQMHMIHKNTYUPPTYYJN]\SKHJMKIT\]XPR]XVOBFR[YZXNHEFNNSTTNBBC=BEHQQOJLIRWV[`YKLKNUYR?DJOHBMVWREMTVa^SY^USTOCO__MJMOLKLNQWXQROJW]UJLZXQTVUUYTR\a`SEPYTTYWYWTFCHLIJHEMPVOHTVKFEPSMPW[VSRBGQOV][]ZPX`a``]_ZQRVZ^YRKONMSTNVYVSLPSNOKDONT[]\RIQ\aZPNQQMOPV[WPMVVPMY[SXZUTUULR]aZY_a]ZY[NNQOOQPTXXRPXZPKNV\[UYXRMKX^YHITWWRKMNOV\_][ZTOUXbaa^XYZUEQMFIUZQDNK9>AADQWYVNUXJGLUUIGPUWSRNSMIGZb_NHSa`UOVO]aTT\SU`YHPRSSMIMQOKKDEMLMNNSXPCJNIIHHPSWWHAU\SUVVMGGGELPPSWKHOQRIAGLV\WOOQOSUYWPSQIPWTNOUW^a^SGF3Qaf^NJLNMTZZSM4CPRMH;3HMESed[WVJHX_YNKPOLRWWX^YECQLMZXKMUOGB>EIPXZ_\RDBG<:LV[^^UOPLGFEENVVMFDJNPKPTROGF?KSSSJLX[XZ[XXZWOINI^WFJSFPUUSQNRV]ZXUQHOVQVSHMYZRQQSUSSW^]VUVQBRZWW[`_XXWSQSV^`XOLLNXcgibNPZZMPdd_``ZXTS[\^\UYkpj[ZTWY[\XUZad`W\]XSXTGKVXZWUTXWSUZ\VIFLMNTUT[ZOMMOORWXXSWKNRKKVWSRX]\X[b^UZ\\[ZXZTDP^_Z\ac_[XWPRPOORTYVTOPPPTY]\XTW^]QU[cdSLYWKM`aWSKRTW_\ZWWVQGMX^QQYTVTTTQ]]LFDQSONOV[^]YSXUZ]W^_]STSPRRW\TH>NYWUWTQPOR\[ROZZjz{qXSKN\__\VY`gh^PMQS\^WKKSY[afff][_YZcd]^b[QZ]X]YY^]VNWXVUR^a]cd_WXfmfU^d\\\_aa^VMSX]efb`a^\WY_`df`QJTY^ZTZWQS]^`cji_[YX_[VV\_XPPVW\VNQ[]SJPW\`^XWWQJSZX_d\SPSQIACQXTRRLCBMWXZ[YNHT^[NRURLNZZ^]NCFMPLJJU\YNMNIPTLFFTWJR`_\\[XZO@@=DLOHQ^`VSRLKHEJMNJDLHSXMAGAGEHONWYPMROKRVSYZZXSQZ__]^c\WUUTHNSQSMCMY``YOPTSPGHS\Z\]ZXZOLV^_`]QLNLKPOU_^TLTRNPW`aZYVRT\YVV[[WGJVXXSQP[YVTOSZWSNJQQPYYOQNNPQYeaRQ`e^PRVMMXbdbb_YWXSSX\ZRVX\WEHJQZ^ZNWXNILKJY_ZXSJSRFEGOPTPSTV]a]UKCKX`[PMZ`XKR[_YOQ[]UTUWX[XTPOLEDINVPH:BOSSXSCNQLHIPSPRWZYRX\MFHSSUSSVYY\]VHOXYVLVVLMSTQRTPFEVZTUWZY\a[Z[[[\SHDGU_]QLHHIKKMIPWSLTXPPSNNSPZhfWQOGLQQQLHRVRPPMOVWQKNEQ`eZOTOGGRWSVVQPOLLPRG<=A@DUYROLABLOJLLOQTOMPLHJGDNG=FVTQSY][RY\TQXZVKGQ]WQVVX]cgbYRS[\SOXWKSZV]ZOXXNGQX\XVS_fgaXJDFPNSYTMHKMKCEMRRR\]LEMGP`]P@L^b_YSQT]c_UX\^WUXW]dhbJKOYZ]`[TQVX[YUQQUVUOO[][[Z]_SUXZWPOPMJU\[Z\THOURMHPX[ULJONDGNTQPU[\\^`\^[PMNMRZWHTfbQLN\e]QM@CG=DJHPQW]YNMFHNSQRTFJPKT]\]]^\SS[`WOSLDXWMRW]^WHGRXTRSWVQSSRMMPRNRY`c\R?5KIO^bYLXXLRYZXTVVZbhc`YY\[SYa]USUPQMLPRQX\VEBGPRQVTHDMTTKBLPMWXRTTNHMKLPVUQNPUTJMV`cfgaYRQYZQMTKIX\VOJ@GIIMLU\`[SVXZZTLGOTTVVWRGOWMCBKMOPRVXQTYRW\^WUW]ZW[WQ[abVMWaaWHU[][[Z]TOIBM^_WJLWVUVTVYTX\`]WYWSX[]]VUQLF=OYUU]VHMQROLJKTVLHNOKHSX\UOVWVVOHFSZXK@CBKRRQ_e_SPQ]aZ[]URSMS\XTTWRE?NNMPU]]M=QYXUY^[VRLQWTMOPSNdplXNMNQQT]c`ULIMWYRVZOOYWTOWXUQTVU^`]UQTUbcWM\YQFQUX\WNQGHW_RHPK\`ZUUUW]cieZQUTKSVVRGNZYUWY\SYbeedOJ^]TY_^`_[XdmiYQ\]QBN__bjfTVcd[P[[QVea\_a^WSVXTOUQUYYVPV]Y`ig^UW`d[QMX_]V[caYV[cb[]VX]e^Xb_SSWVRQUTQLPS[[\]XUWYXZZWPRPR[[VRVVTR_daTXXZVUXXSWX__TKOTY\QLPNLLOTXWPOQMMRSPUYVXYPDSTOMPUUKRYRH@JRTKEFI@;@AGVVVVYVLXZOGOORTIMXTL@EP[^PEILIHGJOGRPX`ZNPPIPTZ]XRRSMLITXVKCWPSWWSNMU\]YTRRSUSPVULUTQROPUUPJJQTHHRURIEJRPMRSPXYWXPSWPQTOKGMZYTVYW\ZPTVQDGUTKLVTT\a\TPKLQMIZacVY_d\PSVPEKQUVVTQPLRTSSPDO]a^[VMIS]_YWXUY\TMQPG@MURPMNRWVOXaUOSRMGGNGGKHBCEGMJFIKQLJLQVXTRQWYRMMRXW\gh^QUX]^VQLQXWHB@U]WX[[UKS][NMEMXWVSNLTOKEGPPPR^caVMD>7DCCHK@BOMB>QXWUTS@UfaLB@Z]WMQQJ;@SVRQ\a]T^`VSXVKQ\YRUZWY_[WYY^`aYKJQYWUSXYZXTPO\^]\hg^]UFCFT^WNWZYWRSXYUX__YMSUZ[YUUZ_[XXVVRVSVW\]YULJPVXX]^XKEY[ZUMTTKMQTWPKPQPKUaSP@BNPHBXb\PQW[TOW[UJRREEMKNJLMLQMOGKVX[YXWKJSMPNNX\ZTIJONOSVRQJ9JWSPTTOICCANUOF[_ZOICEHJPY[YKM^^ZVTPOF=DMSZYJ;ENLJPKFMVOHHHSWQU[ZQPH@EQJEMG?LTSOIP`fZKYcig`TLNKOPIRZYYNETYSLDEMNOXY``XXURSYZVNEKQRUQOMQTRMG@LKDQWSHKJIONMVOOORTLCDMSJ6N^][YYWXRRQQXQT^]VMRUSY\]^\Q;IQTPPY]XZ`[SKNXZSQKSWNIOPQX^VTSHISZbca\[ZSNROPcgUTbfd[VUZ\^\]]\XZ]QHPTVWVNOVXVVTUX^_\YY[YMUSHWoqfRUW\SXbb_VHCNUWVPIT[TKSLFRWOKIPTUYYJRZX[ZWPS[`f_LMU^SWb^TNGMVWTPMS[\XTKYcZMN>FV_a]TUTSRJP^^TKMXUMPTPHR`e`ZX^b`\SDIPLY[UWSVSANSPPLJVad^\\Z`aZS[_]^c`_ZLX`RK^UQOOBT[be`UX[TMKUXUY\WTNFMV[ZSFM]d_XLPZ]XY]^YXZZX]_ZYRROJKW`YUMXcb`^YX[]][\_c\Wc_UVUHJZ[V[`]RLKQ[[]^_ZVTUZWQPX`_YWRUWT[^\_\]XUIQajbLVXZ]]\]YVY^djbUSRZYRJNXX_XRKIC;DUX[YTMSY\[YQJLRQS[\VPOONUSMLPUVZ[[`de[IOQMQRSQVVRYSQQZ_ZGCMJHMCGVYORXVTSOJIZcYDCSVLJMJQVNKRTNHMJGTSME4ASVPIU\XPNKQ[_`\SJJGIKTUKPVQTUW[UMQYYYVRHKXRMQRVSMIURD6?INTSXXSWVWXVXW]]VORTXVNV^[`_`SHPPJGLKMKAHQSQTSRHQSUUW[TSZXQJJINQVULQVPUYXaaQDT`^QLQTRLWWZTMGDEGJLC8<;NRKKW\\TV^[XRNMUVNMS\\]]^VPSSONU^d_FGQX[[NBJTXTKMSOJUTNVRQVQPRWY_d]LNVVMEKJQXRJNKIL\eYIVVVVNVQQPQPLLMTUIINOORTUPSUPBDTXYVUYZTEGMDTZWTNPNQRRNNKGRZVJKOOWXWUX[XWZXSQTSNMKNHQ]^TQRTQPTSMIJP\YPWZKNXOEJLSXRLUU[]YK@U^XhwyiVOUV[[WPSWYRIN`gif]^caXYTONMU][Z\YVSUXWYa^SQOSGAV[OHQ[[VMS]\TOVVSXSNOTVT[YTWVTY[XZeeXMQdhdbYTVV]_Z[UONNKQ_\XXWMXdcQOQ^`a`\bhicb_SJOQSUW]`[YafbM=RWX][XTOU^dga[[^ZX\deeTMN^gid`^\RU]`dZUZUT_aQONPVX[`_[SZ[^ebZ_cZSRRTTU]YS\d_VKMQOVZcb\_]W``baXV]\[ZXVTNJV`hgWORXSQUW^ZQMUPIPVTXZ[VVUU\[^_\PPVWVTXY[WNJU[RMNVWV`]RVRT^YSSXVZUUOOVYUW[XUWWPJKNMRW\]\WPSRSONQYYSKHCNMQQRWRLOPPNMHG[_VHFKTYOMUYPRULJOS[[MCPRNKINX^L]]ab[PMZ_c]OMQX[J>QXSKIMUVMADKUZ[\YPOQRWXNLNOIJMPRRKWZQXQNSQSRPGHLPOQNLUVEBJIEFQPJTZZUG?HOROKNMIAGDMRTbgbZ\b_UQLJKFLIGV\]SELILOQTLOXVVZ[ZSXafbYPGHNNJT_ZRTXUZ_`ZNPW[UUNF;MVVTUXVTOOMKIMUUUOGNRRT\^\XY[WPQMFMMQPRWTQX][PPVYTMNTJMQNOTNPPNQRTUTPMOUF@Q[a^TSMNPNKPXTOWQOMMAKRRKRUTUQPKU^^_UP\c_NIPSUWSMOKCLOPKAIIELVTZWSKHSVWWSNLSWVOKS][TJIJHIHJMPNKRYRDEQOPLKIKGAAQY_^TKPPWRAJXTGQVUODHFEQWVOOTSZ]VDGLTUXRPT\\[PEIKPQV[ZVVWXTXaa^VU``]_UYaXLX^ddfgccd_^`ZY``SVUPQZ`]_c[Saf[IO[^TNQNQX\ODHJNV[\YWWST]cd_TKE=@MHKUPNXZVW]VOOZXTWTRU\XSSKBLPRSFI^iiaSL[dbdnqfXOY\SNOU[[[_YIV\fic`b^YUKPYOX[UX\SAW^ZXVVWSLOLGQTYWPNQRHLVYTQY_\TUY]UORQTIPVXVZacb``[QT^b]]ZZTON[_[OULLWYabdccachj`TLVSRW`feaYZ]UANYWV]^^`Y[a\TSFL\\PMPTZ\V[[XYZ\WRY_^XVRZdd_cc[[cflogZSUZ_`[ZVWYZaeZRTUT[Z\W^daXY\PRV`a[VSKTX^b\WXXWPVPOXUJHX^^^ZXZXTNQZ[ZYQQ[\UY[WZ^RNJTVWUPQSXURQGLTXXZZVUQNRVRSWUVZVUQT[^[_]OONTYUQZ]YZZYOPRSV[TRVY^ZVUYVNQ\WXXRKPWULLRQSRJCIRQOVSJEAL[_OFPVXQJLSVNKSUPCFSRNTTHNNKKFGPX\]XKTWXUNMRQU[WT[WX[RFGONGDL\`[PNRV][XZXNQTQWRKGMTWW[XROUXTUWPRY\XTY[UQTZYS^^QHR\YVZSGKRUM@DPTRPUN8@W\TUYLVa]RW`]XRMJHKFMWSWWNHSTNQTW]b_RSZZWOW[]WJJQRVTPUSNTVPKMYXRMV\YP8APMDILQVVNMILWSJBRZ]WNHFHGNNMJHIQNUTG?PJN[ZRPRUQPGEHU\VQTXRDANWR?KRUPJZXMO^\RPS\a_XLWXOLPUWNTgorfVT]bcb`bYRS^^SLIPYb_]\WYUW\XMW_`fdddaZXUTSGL_aSP]`\UMNIMUQSXNGQ[RNRQU^YQQOTYWSOLRPKY[SPW[Z\TV[[SJGELQVVSPX_YOSWW^[[\db^]`a_]\RWRQ[]Y[TT]]TICPW\_\_a\ZQKNUJS`f^UZYZca_YUYXZZZ]dhg`\aeb_feVT^ac`a^XSLUYTONSNFW_]^^_aWNFIV\cgfc^\XQT]^\^\\_aYXXU\\QNY\WQPQZ`cVENWULSPQTXV^`UMTTIPZVVY_Z[[UKLS[[XRRLLMPYWOIJF>HSRNZXNQTZ\a_W\`]SQYOVbd[NX_TRWRVZPLUSKOUPNYZRSMMSUQQRSNUXOJKDFJT]UPEY_VSWYVWVWQOSRZYG>NTIL\`^TTTWXSO]a[RTVUQU\]Z\\VLOSOO]][^\NQUXYINTa]IR\aa^ZadTHISYWUYROMNPRTPOQQRQEBBBDC=ARVW\_a\ZQPTUVPECQRJJSXNN]^WYZW_^baXT\cgeebYSPT\ZJMY_\[`ddgh]W[[_\VdjebdaY[ZXYUMU\]b_[RU`^WUVT[aadhbWJONQNOY\WQFS^XTY\\YX\[\WIEKLUaa\UWRRY_\TVS[a_VZ]SYaZGQbc[[VNRYQIKWTRQQPOIKKDA;AELROM?KQIHMUZ]\Z[^YXSPU[ZWYTMNUTSRW]XTW\_aXRWYNOZTJCGRU\bWHKI?MQQXRVZZTVRS[\\W[Y_``ZPOND=EH:KZQBX]__XSX\XRMPJNPRVW[WWQLPQNNSHKSY`d_^XRU]]elie\VUVSHNPIR]^YX^^Z[UCFOQ[ZTQOQWYUNVZ\WX]``XOLU^]RW[VWZ\PNUTQSNNUVL@U\XMEMZcgc[XUOOQODJRVNP^gfcdfc[\a]IQoxvcNF?N\]WZXSV[^`[VSNKROLRYSUZZ\`ZYZUNTOKT[\URROOULFMOQTWSPOTY_YX[YMGIH;@LUXK\_YROS\cZDO^\MPVWQTWY\][RQUQKMJFPX^[MGTYUSRQV[XWYNGRYWNPJ;HTXY[^ZNNOOIBKRPENX\PJVZRPQSIJSWUJFLUXTJO[^]ZWWUMONTXQBFORQTXZTOPRTTFDURNXZVX[SKCPSR]_VTWTOWWY^]XRNTWUNKHJLQTTXPR\]][TDFDFKQYTRVQS\RQSVYTOLGNRKGJFT[YNLJB;HSQSUNQ\YLUVUQJMMKHJU]ZMKIJJRTXZTTTN@@>8EMTYTJAIIDJTSHJNJPXWQQUKDNMLIORSVM8KQJPL@@IVXTXZUNUVSNUSSNJNNFDOVS[b^[VFBSQITW[YXYUOVQJPONUXPJTRKGLJIMNK@MXVRVXJGTVJKQJLLKNONPQRRRRXZPQTfgVDKIAHOXQFJNKIMKOPQOPKIFLNSX[^fi`UQNJKRQORRMLEJGGMRPQVVRORSUUTTLCLPOMCIRZ\UTUWRQMRVMDMKJSRJMHCHGDCHEHSMNRGBPWXQJIMKJU[TOVUSVWUSNOQPQRTVXV[XVYZUW\TVVY[ggb[\VYWSNRYZR[YQJOX]ZWVY\[NPRNJTXWUNSZ[TX[]bbdig\UYZWH=Zca^SPTW\YROPUVOKGKNQX]VXYW^VBJTLGSZXOU\Y`bXMSRPZd^VOSW^YTOLJC?IS][`d`P^lkaXW`ihaUSWabjmfTV`e]XVHIGNXTQONTTOU[XVY\]\VW__\[^bhcSPX][PFPUOKDIOY\[OSWUREIUSRSQQJGRSQMHGTagbYNMTPGM[[WTGL`d^U`c[[[][SMOZ\TM\kq`YZ^dhdVLNW^WJSTQTclj_XYULW]X^ba`]Y\ZbhfWXeeb_[^hle_dh[KPZVORUV\egbXPGIORV_eliYMSZW[b\T[XTX^cbbgd_a`Z[_YTZTLX[LHSX_`bb]VXYXTQU_`__\]YQGT_caab_b_OOSMP[ZZY[[SQQLEGORRS__QNMEMUWRZ_ZUY^VSKCOJRY\WY_\MRWYWTNHGPSH>FJLVSNNOMMCDKVZ\\XQKM[^UKGFLNPVUNGMTQQF;ENSY[VOLJQMKIKQRLY[TQQN[\ODLPMLJTW\\YTQRVQVRHJIN\hgZYaZQLUUUYVPUYROUTUSLLOLJEFLW[SWKCEFOV[YPSVTRXWOAKSVZSNVUVUMITSSPRKHZ_]KHSQRSLKX_a^PHMHGKQUbe^ZTHQV?DWXNRUJBLOKDOSOHGDJQUPLHEO[YXY[\`c`WNO]dbWVSLPUOJY\UJWW[ZPSUVSRRLRXWMEJKIMS[]ZX\bfa[URVTWWTQIGEGNRODNXRKEHGGNNKRROSVSMRY\UOJSYRGLUVSZ]][UF=DFIONE8ES\XPC@JNSXab[VPNS[VI@OX][QUWWPJACLQRXSJQRSSURPRUKCPRRNOQNJFIIHDLTNDHU\YVSQLIOVXPINLLRQLIOQSRKGHLVTNRfssfKJLNPVZVRXSKIMC=NVSRSW^^WQTVSNKIGMQSP@;RUIJPQSPMSQLITWVVIAOPBACDHIFMTM;?9:ORTTVOIQHGXUTXWNPFHRMOJ@FZ\WPLHR[WVYWOQY]VN]aZ\aXVRJOU[]X]]TAKS[VICPZZ`d[PLSXI@JNCGLEFRXQLGDLKRVbdZSOMQK=1?GLRVWOVZ\UHDNSQMPROPNQOEJPYZVV[VVNTQACDDDKPPMHDMPPV_`ZQW^WJQXTJABMOHMVWWNLSXWOP^ih[KB7?K^b[TKMQY[WMDMT_ZNQPSPB?MKIPPNIDJQUQWZVKILIOYUSNU\PSXTPTMI?;IKANOHHMMHG[XT__XRTURNSWPNLO_ebZPHV^YQTOITWLM_f[PT__NOYVZfcJESUSYYWX]\YSWSLQSYYYXW[gbYTUNQYTP]^[YXafihggaPU_[VPCLRMIPVWVU]ca\TUSQJL\a]XTTWZOPROKST]jmaOW\adgga`]]Xab\YWPVTUZXWWW]SWbhgd_^\YPMPUYSWdie\LPaXLLLOWVMJOSRRSXX[]]aXNWXOMTba_]^eeb[WWX\ZHEWVYZXZ]]`]VGMKBFT[[QQXSJMPRT\aYIMSMMONRQMV\\ZM?HOZYQKGHU]ZUNJSVXZSMUY]ZMJVWRY`]UOKHOMBM^dVGMPN92DQY[]TEMSG:COMORRURQSPTUWXPDGRVOBIQRTS@L\_]YXaijbcee`a_XQS[ULDHSSMJHJQMPPILIISNCKEP[]XQOXRBFMOSX]`_VJQO?6BQ[WLFIEKQKADHKKDLGKRRNQKTZYXMFTYWSKNNNHDMWUNJGKIMJMLLCIU[WMQ\[YRPNIHAIUVOT^bYIHOdfT[]NRUUZYTUV\d\SXXUMQPNTXXMKTUac[X^deWMT\WMILOUSUXXTJH[bUKPOOUXVZ^YTNPRQTVSRRTTVn|xdSLOSUYafbRKMUV]^^^[TWZJ@?KP\ea[PLPWZYSPVUNQ]^R[X\[Yfd]KRXUNYZZ`\]adbUNPUZ__agttk[IEOVQQPG8KOPRPQVQNLNWVKESTA@IT\_XUXZYUT\ZNLRYY\_`[W_aZLMR\a_]ZR^`YQVQEMT\WRLh|‚{jZ\abde`UV`hjjd_einifdeiec_\\\]ZW]bWPVUUYUX\a^YbaUUZXTOXVUSY]TSaki^YXUSRY^XX`aY[\aaa[\_ZJDTVKR`XHMY^a^YOWeig_[VYYbjdS@IVXRSULQOSZ[X\[\XV]YMUUWWJ?XdaZQORRRW^XVRQ[\VOWWWSPLU[XURNRVSPMQUUONYa^ZXSNGKYa_UORXSLSSSOJKVTKAQSRPW_WHKQQY]ZONMNNTZ^\XQU`_Q=FME=FVYSNTVTNOWXVSTUYSHDKNRQPVZTGQYVPORQSXRNRXTIPOMSTWVL=?QUWY_aXW\XWSNT^\XWSEKKKRW[YVSPKLNQRUTUQMG>GTRNSYSBJUWQWP@@MUTLOTURQVVUTXYTSWYVVVY^]UNVQPUXW[VQQFCU\\TQK@LPUMVdZJKKMQQHWb_PS\[SUVRKW[VTSSZ_[R@>MHQ\b\PLNMTUQX^VLH:3JTOQQY^\URMUXRHJSUSMQPL9CTXQKLJT\^TIKSX\XSOMKQSLKMOUUULJQYVUTUGOUYX\\VO[WOKNMQSWY[`aZ[_`XSQB"JU\][OHKG@>BJMVTVVPQWPOILNSTONRURNNKU\WPBP[UIGSSRM=CZ_\TW_^Y\^ZSVVYNT[[ZVSHGKLNJOTRSNNQPQWYREMTNO]\RKMNWUHIRVONMNTUIHQVURKJF8:NQNE@GI?AEEILPJBHV]Q@CTWURUYVNNRTTJRTUYROQQPRQQUWXQDFZc\EFPQPRUYUIIUUOLNamcYQFV__[ZWQO]e\OTYYQPY[THW]YR\idPMUYXTTPB@CNTWMNPSSQNHJRW[\WT\\POYXPIMXXRPOQPOGJey~oTSPSRP[bbd^ZXOJNWYVWWPGCQ[_^ccS?JYXLAIZ\UMO]c[U\ec\de]TWYRLZ_^XW\fikf[NUYensxvib^TWYYWSNPRROBBCNTRQSNSVRRYYNIFTXSXXRZbdadcVKEQ]`VVTZ_YUVMMVYTNMOUX[WTJCISWQV\m|tccg_[[XLDNZ_`\^[[_]X_a_ahjaW^aZ\ddab`UL^bbfif]OV`]WRSWYTLJUNOLUkrn]SY_c^\XQOUSVWUZYbif^U]ZMMXcb[]YSRVaf^Vbf[LLMPOYd`SRURWUXTIOWbif`_\[RN^c[_b\ZVDO[_\VUUSRNQSQNEIURP`_JCQVQPY\VS\UPZ[XWSSWR]d`JJQSNPV\XJBVZON\d_[]b\Q9HRRLNTNGDQ[a_ZXSMNQTTUQMTUUWIIZ]KHWY][VWYSSULDNQPSUPX`[WQTR_vt^TEISSSZYUMQXTPVSWXQOHBHP^dc[]XSPUTLLZbYIPYY`fgeg_OKSWXRTS\]`a^\GL\`[PAS`gjpqh[SVTRJHHKQ_c]UTMJRVQPNRODKSUPMMKHR[WSMMKKTY_\PWZTUZa`ZZVXff_UV^_ZSX\PMNPOQKP[[SY]YRGBILINVXXNKW[TLORLJRQR_[QURKUUT[YPG=TZOOPTVUSXRNUPLLVdf_^QRRSSRNU[ZSSYRSV[YRZccVTUPHNRS[fgc^^[]ZX_b[OU_aaa`YUZ_ZWUWWRVWSMUMGRL>DXdihWLNQNNYWPWTMPMGPbaOAISJ^mk^WNKNMM[ge]RPZ^\VY^UHLWRDT\ZYVUYVNFPRX`\Y\\[Y_\_fe]_cb]TZZa_UTVWSTXQBIOMTblog[PFHPPVUSS[X\XPU[YQOZ\]VSZZSNQYWTT^d[IUZ]_^\a]XPJS^`\TU`[TOLHNPOROPPUQPTOMOONIHPainkb[ab`^`^RE\daYV`c\[^]QO]`]`abaeiejjaV`bc][ine_Z\ZYaekf[TTVOIKUXYb\XaaUZWOS]WRRSZ[V^fbXU[`UQZ[ab\WWUY^Y]_VVbibY\a^]YYYTKLR\ebRWJEW^ZQ`]WWde`]]VWVTRMNTSUNNPOLOTWPLGMSXSNY_XPR[caSDOMLNME@GW[[]SJLYdaXTX[UPNKMPLOUET^ZZXWWXXXRGLWQHTVSSQQSVUU[]YYRMX[UVX]]MIOQMS\WLFMVZLHMTYURQRLJUZXTUVPORSOFNYRZZUZ^YSLQUFDDPVOIQSNINQG@PWXSSSYTMNPILSYYURJHV\VKP[X\]WHJUOR[WQROV[VSMKQNIKOQTSTQXYW\aYONSLTYXLRNBD[\PWYVVUODQ`b^WTQJCIMUa_SUUWYRS\YSPNONIKV\`]MKNNRW_^I;QYTVVYZSJPKKRTTRQSbif\WXR[ba^^RQVSI=KWVSWXNHA:CKRQTWXQ@I\_[YOKMLOY[XXZ\]WKSRRTOAFLNOVTQ\ZTPEJLMSWWRKOSPPRRLSblg\^d_WOOPW`c^SUUSWZXTJQYYTRVWRQWTUZ_ab]SMLOZXNLP_ff_[SVcgaXVRUW[\]]_WQRUNPWUXb[MEKSV[VV_WENTTNRPE?EYX`mgWIMJ@NYckk^NQZ`aXVXZYSW`_SY[[YY]V\ZZYSTQUaaZXYIO^fa[]\YTSO[aXOQYYVPKEJY]V_jmeb`WDCMSWYNQ\WUYSX`]TSQUVURSUad]Y\WQX[dd`ZXX`bbaYRKN_a[PVUKINLJKKRXXULS^^PRPKPRXSV[jmgUNUUXYRUX`fd^VTURUYWMKYZTW\\^gkfa`b_Y[`[W_cb_[VS^kprlgdYSPLV[UJQ__goibbYHZ`a^Z^YZgmeZY[`ce\TU`\RMNRRIKNQ\imaUXaaed\WSFJJS^ZUWUIMQJTbZUZdc_bd]Y\]_`\PCCNVUWTRLUYWRJQZ^Z\`baWNNI=BU[VWUROMSPLJMGOZ`]OJYb`YLPNTWRRNMVWXWPNRSPSRPYZPOYVVQT[[TMOWWQMSXSHHOPWSKTXSMKMIKMOQJHRTJRQEJSTTQMNXWUUUNMNR][cc]df`SMVXRI;GXWRNP\WVYUOTVPHPXVOKEG@FSTYTSUOX`bZXVWWSSQOWPHSQOVTW^ZWUOOULONKGNLGNRNMUTRU[XZXZQHNQOLHNSTQJGGHOW_^WLML<3JRUSSSVZVHJ[[OQQEBLSSSRURWX[[VXTIBQTNWURSUZYOQVSJPWNYbcVNY`c^VJNQTTNHLHJJRURMSVRRVSPNZa^^[X[ZJGAACPZOPac^PJQSPQYbdZSUY]_VMKROJFPP@ESRPQSWTJ=@OWPQOT^[KSXOJIMTXagbTLPYW[[VURJSTMLUWUOT[[WSSIAISSUN7HKLSKIRYWQT[XQG@>EOKD@LMFG@GWWRVST_bVNTTKJUPSWVTTW[XOLPYXE3JRXUKFMUUSSMHACPQFEGACPSW^YRRMDBOORSPQPFITXVST`]UVUPSTOLTT\a^[TITPJEJTWWYXce_ZVLR[WMJTWYYTRPPGDIQYb_ORV^a^][X[aa\S[^^Z[a]PMRZTU_aWNSUTX[YVV[_`^_`]_^bf`V^aZSXWJRSTNFP[\SKLRUSQM=IRNKDM\X[\VZ\VLTXXSPTVKT[n{wgQZ]QS^_cf_WZ_[[UQGJWUV__X\\WVX]^WNS[ZTR\iia`\VYXY[^\TN\_[ad[OUZVMLJNR`bcimi_ca`SQEQZXH?GS^[TNUWYURRQXVSW_bXORVPVWejaVWUZce`OLMJQRU[[YRRLHPOKO\^\W\\^YTSPUdfWNWci]NPUTMSSU_ed^^_ed]RMOXSYaehd``ld^foodRJaeYUZ]^]b\\`iie`YQRROPQRTRVZ][^__aahmlkdea^Z`[[\UXZ]YIZc`^WOSSOLQSNQZXSV^`^\]VSVXVYYXRTWYRC8LXZTZdbVYfk^SWY^XMJTYSLOI@IQZ[NQ[`aZYXaaUMRQPOPUTQPSRQKBFPPU_d_XUUTSWa_WTSWVWZVRQX``[VLKPWVPPNQSWYWY\VGQZXPCAPRKCGOT[[SHUUFIUQPQI6:NX^WGFLMRRPOLOWYXQJPQMDGV`f^be\UVW[YTD6OUONJBAORQMTXUSYaYQTMMVVMPJNZ`YLRRY\VQPKOSRPNNGDFM\^YSY]XS]]\]WLMNLLK@EQZXMOOQQTWSTQHCLVWVPNOKPRKLSSVSG=GKPKEQSNQYURJMQQZXW[^^YMNSVZacUOXXQGD;GQWTPU^E=?=ANTPKTWRHS`d`WLEQXVRPY`]SHRPNVWR[^^_ceb_XLW]ZICPLFV`\UY`\NKTZRMZ__VWWVRSY[VOJJOTVWMHQXXYSKB>CLUNLRTZ_NGPNKNPX]YWUOFDJY\SQNDBLSTRWXQJQVQOQOQXYXPLJISQISQKTYYTVYXWN;CLOF:>JOIGHMUXWTLNU[VSRIKV\TT[SLNV[VTUSTQJHKIJMKLKX\LEIMMLPOCBPUOONMWTJDJIF@BDPNEQ[][TNQUYVNTURV[XSLVZ]WV[WWTSTVVJAOUSVZTSRTXYQPUSJBIJEGDGOX`fbUQOGN]]Y]YTXWZZWOKR^]RI9KSWYbgZLPTNQZVTWXTPVbiaL_gkhbYTOKKGO\`UJNYa\NOMCRXTHOULNONPOUYPEIULMTTTX_ZVXV\ieYNU_cced]ccbfaPEPXVW]`\YWKLTWWTLS\XPS[_^cebYZZbc^WXbcZPTWTX[VMZ`a[ZQNT\aaed]_d`_[_ZPPO4HYWYZ]TOPQOQQPUVOalh]TKORYUUY[XXX_gh_STZUPXSH?JV[YV[ZZUOSVUUQNWTGQ_da`^`jnbWYVTUQNSWTFLPV]cmlbOXZ\ckpphakfX[jqm^T]dWW`XOVefdef]^_bWPNKIOIIWYZ\VXa_\XRY^TOVVURZSSSSZZWVKTdgc_XTTYVT[^UV\_\]]]^^]a]YWROPLQQNHNZ[YYNVYZK=LWHJRTRK@AU\ULLKHMOXZMNQX^]XVY\UVQOXTLOTOMQKEO[[WPNRSZ_YWSIDOXYRLMLQRZ[[`ab`[QVZZ\^\XRIT][VTTTWYWTUYOBQMJHU^YLDAE>GFFMNLRQIS]ZWTJPRPRJX[QLQLIEDSVRNRUQCOSVYKIVWSQJLQTVSOOGQSONEIYXVY^YUZYRI?CLJ=ERXZUSQSSZ^SPNTWVQK?DQNLJY]\WVTVZ[VSOIMI?=CDNRUTLLR_^JPTNCJJKONLQOI>CIRUPJGJQXYVSQUROKER_^XOQUVQNLRUV[[Oc`\WURVYTPFHURMXXVVSTZT@AMQOKGCMRRV\d`XHQWTDNQZ\RFHOXWTZ]RLY[[__WSQKHPVPEHV[[YXGJVSNNI_lp_MMBCJRbfZNKN]`WRNAEOQNGILNEIMUXUJGIJPRQQTSNIPZTLTbbUO[hjbWMLS[\YOJ`ha\`dbYUDMS[][XRIRZ``SZae`YUZ`a^SEMZ\\]VSYXWSX`c]XU\^Y\hgVIQY[XVYTMUZXaeZOVSIEHJMPTX[VQ_pn`RJS]`[[WRKHP\ab]TEKV^VRSOMUZ]]][]_POTWYSU[]RG\[^_Z_gc\\]\]^]XXROSX^`VS\^ZchhhjgZWdgcYNKdolccb^ZVQNXcc\_baY[a]WYQIQTPOLNSVWWW_c_^_]W\YRBRSEP]ZLOSQPUbh^UUV\]SYWJYa[W^ac_^abZOTXTQRKKY]`a^[VR^c]PPSROWYYZTNJLNPVWRRUQNRQHQ]\_YRRTS[YVTRVZYRV\XWY_b_NIRLFWSPOOQQNQONSQUT\c^WMMOX]YXYSNWTLNW\UMPVVSQSKRVSIPQUWXSLQZZVHFY\_XPVYSONMPVY]WRQPJSTILNNUTQX\UYYYOMYYYXTQVZUWfd^_\TQRVZ\WPMNNTPTY^[VUZ^_VILOMTVY\[XTMELY_XRPU][DFUWTQ[^Y\[VOOP\[UW\\\]\[[WRHQY`b_XWc[^cZOGVZUGG\b\VXPHNRHKTURQUVRPLWZXTWZU<MTMLG@@BDKILNNUZ_\WXWGGRPMELRONQURNXceZPW`ZNPOMD@EKQLPPIDDJS`aXIKPQSRMMNRUTOY]VMWSORSTWXXTQTPQOKLPPW[QFOQPA@NZXPP][_[XYXcdROVSPPWX\__`a\VWSTWUTTXSXa^XZXTSRPSZ`dc\RNNRTNNKNN\cc]TNPWYOFDJFBNW_`\L@SZ][VY[a\YYRPW_nreK?EWZSELRDFKMFCEHA?BHMOOPPMQRMMXWIL\[ZWGK]YI\gf]OQY[^[WSVab^`b^^ZXRNVV]Z[^YJX^^VZkrgVOVW[`]\[YW^eYCRYZ^]YYUOU\^]USULIQNT_ZRUUYVYaa[ZWPLOTWULIPYWS[iooeNQ[XT]YURY]XZUMJS_^\S?JVTQLPSTPQUSZVO\daQEJL]fd_[_YW[_]Y\_cbaXTTT[\`_^^Z_gefieU[gibZQS_da[XW\]TNPTb]MM\aZU\ZRPW\^XWTRSRVW\`[LS`ZY_]^[XSUMHVTW__[^TH]^VVVUUV[ZY`bSQZageYPW\QJSY\]XX_c_ZNLQTV[WWb`YQZ\TTWXSURKWZSZb`SGDBXc^[WOR[UPRSSQCCSW\`_SNU[bbZTNQWVTUMNVUSYUNJMTWVV[Y[VTYUX[ZU^^VVb^PAKLFFDOSOHHFPZZYUGGUbaWMJX^[SNOSSOPSPHGUYUOH?P`\QZWOYRO\Z`]UMOYZTRMKOPQLSVS][SXZTFKEANVUPIUYXQLQZXSMOUYQIUX]^\MMPNMRRG>INSLV_`\ZVWZ\\XQIV^\TTX[YW[YYOEQ^bba^\RPQYWSKMVYPLLU]XMSQC?MOY`YQSVRRMAMLMPMFIQVSRTROEM`a[NHJNTWTRVOQ[SS]_a_UQNLQZXJCQVTVNNPSKPZ]WPNYWIJSSNRXVNMTQBFLPQMBDNUV]__\Z[YRUZ[TNMTMEOXXVNNJNQYXURG=GVOHLFS\YUTUR^WLGAAH@?O]^ZPOKMWZRPjn[NPOVVTTPNLMOT_`dd_^[a`YOFJOQQW_]\XF?ELSUURIBWWOGORWabdbVOMQVTHAJRXVLORDCX_WNX`]MIOOHBFOWTI>?=BLTXUSRLIOUONZ_YNMFR_]OJKQNHOSIHFJRNMTWTONV__VJFQ[UNOMOTORTXZUV[c`YYPFHRXYVXWYacc[MJFLTVN\g`O[d^VRQMPVQRVYYWY[VRW[^ZWab\RPS_]UPSZTM^g_VYYVXY]WVVVWZVSW\Zch^KJIHAOWWRQTOHIPRKDRURKMSRS_^LKKNTON\e^VPJKPOZZN`h_PNIPNEJNOGOVQSRY_[SY`\ROPOKPX[XadZMNSRKGQSNPdg\MRLcsrfbXLJKPWQIHIW[RGQMJY__aeaTGHEEQSQQVWYTDAKX]ZROJOTQY\[TYSGE?6HVWKHPNAOYRUP?AJPWXPTXUVVPB?JSI?E@=BKOPOTNKKX^VMIORSUVSZ]U[[XPIIQTXTJFW]XT\_THGFSZQSLPXab`[UJG[bWP[]ROQYWUUVUMIOYTYqugTUUUSVTTUNXa_Y\\UHKORKOWZ]Z]`YPKMRNJLNEDNJJGHHNIFPWVMTWYOOPRVSMNMMHTZVQNV\U[^Z\fbYbie]`gjpnhfidalolgd\HW_][_a[U^fhaY^]X\[WUTSXUW]gf^ZZZL;EPUPNT\__]\PMFIHEEBX^ba\dqseTPUXZ\daST\^THN[^Y[Y\]WZSOQXUVYMQW`bZPUSOHOZYX^_agbVY[]S@MRTVTS\_V`ig[WVX^]ZUT_fdTQEL[`_abX[db\JT`XM^ehbZT]`W^bb_alnh`[PLRZac\WZb_WSZ[QZhg^VXZPEUbb^]TSSRPWUUY[VPWZabS;MPOR[VORXYY\]WQPNMQTZ]alk^NLQRWZZYX\WNLMGAINNRZYSTVTRTWZUNLQMI?NW\`]ZYZVZZZWVYYVdih_UPOJLX\WS^YFFNJKWXTVNYZXVRZ^ZNDSONYUVYZWPSQSNOD9NWZQY_XRSWSNSV[ZXWVOCFNPQTUOIQWWVKHGKORUSRZTQTR]a[NQVVMINSYXPMEMOGBMX`fg]UZbaWSNHG=DRXNMOLT[\b`ZTQDCPUXWROHKTVSOPUTMSRSQQIQWQTVY[[]YLNSUQ[\RQPKOPNNVWPHJKRWVQ\]SEHO_hd\Q@RY``^W^ZXUV[_YX[\USZXPFNVVUQY^[[[ZXYTPTad`]YJEJOTTHJIBDNQQWZ`XGAGQ\XP\_UJKDFPEJSVLHRZ_R=HYSDDNZ\N?PPIKUTMQUM@9PQQMPNMNTZOCNUSNJOY]YZYRWPNW^^^^ZIKT[YWTROHAV_[SSQS_bVHSYQOY\WXVJLLSI=EJIOVTUM[tyqca`]Z\VTSHYeg`UKKXfdWJ?ILOUZY\]_\XSXUQQW\ZRQPPNPLGNL>V^c\\a[SOLUYPIUUPSOVZQZd\NKQZWXZWWQL\[X_hkhkja]_\\dmhaZXVGS`bcc_WTWRGFEJYWSdqo`V[^VROVXPQW]]Y[^YTPOKJX]^__```lmaWT\__a^VHCMRROTVXWYTXa]OISVXYZ`ZQY]^]VPKHIV`ZV]h`\`edb]][WVZdf__WSW_a[SQZ`YLUNTdje][[^VWbcYW^[UWXZPMY^_a^VX`bfdd\\lpdOMSYWSUYXUPRYYROQJT^`]VXTQIQ_a[RTTTT\b]bbXWTGHMTRS]bVOSEGQW\chid_ZUWTXbjiol[@L[aYWVQSTMQ\`VPWYZVY^WXUXWZYTW^XWSWSNDLPEMW]acb_]Z[`^bfdZPQTYY\_^[URWVMVTKS`YS]ea\[`\YUSPLW[SKT]XCKNQPQNEIFIACMRVYQNVRDNYTRYTLQXWKFU]VPWQLFCKMHOVMKSKMRP\bcXN\cWLWWSUURTVWMBMY]][RROT\]VKPTNNSUTPRPPXTTRHNQHGSSPZ^ZX[YQMIO]_ZVWURQPFNLKOQ\ad_SQWWSW]ZSNPSONNXYWURMEJRKEQPAEIIQWTRUSYabZRYXKTa`b[WVVVZb`TQY\cd]YWTTNS[\^egjeXV_]SJMR\^S@;AEIMVXVRHCAJV^VU\WVQHJ[WLKNNRVNUZ[[`cZRLFJHDNPTTL>JPNGAHGLPE?MLR[\RALXUMY^ZVYYPCQVPGMNRXZWQSSSJPMGHPTUVUSQPSX]`XWUSIBLNUXXSQMJOVVHN``VOIJUWROOJCFQNLPKPYWLFQPX^TQOVURQPUQGEICEIQUPQ\[\ii\PLJLEDRYXSLAEUZNKOJEPORXOHQWSTRKORRMS]a`WI?=9BNMGNHGIHGIKJRPLLKHQXZYSFZ[]VMPTNIHGJQUQMLRXWRY_\\VLPZ`]Z[VXX[VNOTVRJGONBCDKTULCDO[]Z__VLPURPNSSVRRWORZcklcYee[PVRGPXV]\TNNTahgZRIJNUXUNW]\RIVcbZYR[ZTV]YOBJQTUOX^\^be`SLIS_\LQX[_YTRMX[YVH@LSQSH=IQSQPVX]WLNPJSXZ[a`bimm^P\fork]IJOJYYY]\OZce_UMUUVVYVROQMGJ\^XY_XST\b^XOT[ehg`[]VW]_PMSQLPSMMNQVXRR^bXIRTNY`\ZWS[ZWSXVSKW_XO]j^Zad^\YSHJVX`ecZUQOBR^WTbaZU]bbdcYZ_[W\bhgaZFMY\XTPVchjfWLSPJ[ckh\Xc`LDLbi^Xaa[MSXRLSUTTRW\``SUUX`bc^VVWTZa\Zcb^edYPSJZca\ZXTTVW]b^badggb^a`bdgdR?ESZWSSLNU[]`a]LRXXSLNMRU`\YVTU[]YSPS]_R@KRQTdkaQWPU\a^ORWPRYYa`YWUQKMXYYU[YVVRRXLCY_WTUW\SNUYIAU]UPPRKLMTUSVUMMKIQQS^_XQNT[b\QPRMDKINWPOLIRUSOORTJJDMPRW\b^PVdkeZVWYVQV]YVUONXZ\\SD>BW[WWWVUQPXPRSONRUVVX[WOHBHJW]XY[YTQSUVSKCNY^[TLOIEJIKT\ZMGEMOPW]a_\XRROKNXYWZ]YMKEE81=@OVSMERXTPXXXUTSJHO[ZQSSTV\UHNWRM\`YQJGMQURX``b`NGRYWQNWbdZNHJBEVa`VHLHIRPOWZNEPVJKY[OOSVZVKOW_`[ZYZYVHFW\SUVST``P?@HKMOWVSUa`VMJ@FNLQXVVdjdRT[REMLIOTXTNNLS^WKKR[b^NPVPP^c^RMXUNCSTU[WTROQSTXPIW\SNPYYTYXNNPVSGLNKKLEKRUWYZVRSUVRWWZZL9DHQUSMFL[ZPW[TPMJKKDMSPFIJEOTGDIL>GOSTPRZ_XPE?GFLOMJTZWQOQLFSVDIQLLXZQLKKKF@LPNROLKJ\YVTVSPONRUXOEW]YLT_XRRTWZQLXXWWQNT]YKNZ^UMNOJTVSGAPTPTPCS]baZ[^RJUUMUXWVMNVV]jrn_Q]YNKSVLOSNMXVV\\VRVYYURHPZRJ`d_Z]dhgce[Y\XWXTKCPVKMZ[TIISX\YQHDUXQT^hhXNRX]\[^YLKKJOMIOT^_J6RZ\YQQOPTQKT\VW]ZWZ\ehf]VUKLILWWZ]TZdcXONSQPOLFIEFC8?VZX`_VJRQP\\WZY^\YZPRPVei^NKRURTQONLOQTYhnkb]VMX\WXW^aZSSTVSLU^cZQc\WVVR_ee\V[XZYZXVTZXDJSLWYZcga`_fhc`WTcfbed_\`ZZXW]XYXYS\bcX\^[\eaZ\_XTY^^UWac^TVURRYYYWWUZ^^ZX\^YW]bYLW]]Zaefd`bb^\ZNWcYKY_Z[ZZ_][_ffc`XOWWUS_fdc\SGEKLU\[PW\WYKAWYUSMMMS]XWVUUVVRVZZZaZNW_S>GY]WPS^ZX_^^b^IHMRURTZZOHNUTT^]UX_WLJMZ]]][]gcTHTUOMX[TNNQUYYXSMMNFBFTYX^ZUW\\[\XMNUSKWSLYYLHIYa_LIP\\SKOX[UTTXY_cdcdZOV]\RVYWZPHWVIRZVGIVW]a`TUYTV^[VOLJNPQQUO7CRUY[[RX\[YYXQV\TOOY^\UTRQLKPPU[WKFJX\YWULHLMUWTQKS]\Z]VLPKLJJSTPZ[UOLOTZYVPKNTQUQPUTOOHIPZUPTUVUWUKDQSPNSSTVH=@JSYPKOOQSIHRVRTabMDNSOHPUVNILNYXguvgPLNXXMJQQPRU`g^LUVMMQWNJMLORSLNUTVTG?EHW\\WOOS[QJMLOaswkZMNVXWJEQRPSVVY_]aeaYX[PHS]]VMOTQYXSXb[\STSVV[dhe]Y[YX]\W^\\]TFPKUTVddX[glf^]]Z^d``e`V[^ZS]ba^aV\bcbdfYPekkha_U]pp^JKaf`ZVRKJKJPNNDFX\a[[WFN`ZT]gebdjfbcb__\Y[[V]WFHJ>GKGMVVX_`ZYQKPQWQT_gje^TMH:OYSNSQU[XV^^[STTKQYWUYZ`faOPVU_gh`dg\RLWZXVVZWUkocYXO=ILSTPV_^KQZSLTWRZc\W[`d_[VU[^]^Z^^WTQKICGOUQQUNFJJEDPWWVSZ]]a^\SPWYREDKPOVYUSQWZ\UGAOWZT5QbedXALUVTV]WHKX][SPZ_XMPTGSec[ROR\[VKJI@LSMLJJT\hjd]NGHRZ]ZSPHIRJESX][QUXV\^VQRYO;7?NW\\[Zab]^UBFRQMUUROUZ[SFW^]SOX_]XTTJ8@JMVY[bnn\T\WLKHH?DKW\]^cbZ\`_[XZTTWXRVX_ZQQ[b^YWdxuaPMIU]VII]YUabRMZXWVSW_^ULU^[HKPORWWUNQRFO\_^WNKRPKFFNNNVZ`]ZVQ[aZRGTZ\SUZXVW_`]\XW\_S=Q`[\YW[be\XZXRSPSV\^aYUVY]aYQUWU]^LDV^_RIW\^[[[TXXKITUWYUPQTPJKRTUXMFZ\VXXUY[SFSZQT`_]`ZXPS^ZRPNJQUX[fmke_VO[a\XdcWMKORV[_QRY]acbb`\[]^SV]XSQ_fa_[^WWZZ``ajka]knePPcgpsphd\UX^][`dedojkmg`[ZWTbe\XRR[dlof`[_ge\QPLMPKIRZVQZTKRWXZZWPQ\]ZS[^age]Xa[S_ibZV\WOUVPMUOKNPW^abZX]^Ycrtl`XY]WQMYZ_a\UUUKPTPTTOJT^VKSW]e^LJOT^`ccb_^_WZ[XXZYXXae`UR[ZLOUXY]aZJHRVPPVXUXW[[XX[ZSNRNKW`gh`QQIIMLQSPTSLFINVX]^XSLTWOQUTUPKJEAJHHOSOY]RKUSPLGPW\YRDK[d]OPMRWW\ZWW^]^VJR[VOKLHUeeSKJLSWMPUQKGLORWX[[b^YY[SLRY\bcVCNWRT^fig`PQRTYa_VYXIAJLS]dc]^a^VQMORRWRVTLYXPMRVTUZTINUVZQDNXWUTVSOPQVUKKOTVSUQLOIEMNNRY^]ZL@@QVPTICHNOK:NQC@INOUYXQZ_TT`]IGLRWTW`\LDDKMJS`aVNSTMBKSYXNNWXRGTTEFPPX_\U\U>IPQRUSQLLQONQ\TLFEPRSMGRlzu_TUSLLS[^^]Y\ZWW[TOPV\\Z``]^VJM\a_`ZROS\ca\`degklfcgjje`\\]ZZ^_]bkhXPT\beig^X^baeg]V[c`]YZZUSV[ed[SX^cbVLU`]a`YWUPV][Z^\VVZ[`]YVX\`^WOGW[YZWOVXTPOQNW^[VMNQRVWSOKFPXbheWPV_]]YOGHEKN=NWZZYWZSHMVT\]TIKZ`WOXWZYX\bXObh^T[cbYMWTJOMLIIDBQVY[YVZ\^\NLUaab_Z[X[YORRPY\TYef^VTUTX[VRQCPQFNWTW^cb]VZTNW\RJFGENMW\[YSUU\^WPHNOLQRTTWTNSYPQTS\aUFL[`WUOOMV`ZNU^XKU\]QOQUMDW\\\Y[ULOXZXLGO`bUV^`WTUO[a\[TXeidXB3IUXVPLOCCT\ZVSXVWVRIJBINFKM>6NMOV]XPQXTIEAIWVSQKOS]_XVTLO\UNWXSZ`WKPT\ZRZ][YUPSUTR[baYSV[WX^ZX[^[UTURSMEPVRSTRZQFOSGHSQNK=9AILSIIOOPVSUSVXIBEJRWVXZNFVVSKLXaf]MSX[VNSTURMHFQVXXTQMKS`a_`ZTNMQY^XQS[_^^XOQTNLPUQJSVIMTY[WOTUMGHLKHHPNNLLIAGLIBGNKKTYSRTJHHEHMQPTMN\VD@Q`f[NRWXXUVZXSPMOILB@>GJPYWXVD3?GQOGPX[UQJGHCL`bRFRRTaYE8DJLNQOFAMROXZRQWVPOJMIMP^]QLHKKLK9HVRIMPSW[WOT\_\XSUPDQ^aVP\cc`_\YZWMPVWQW]afbRPKJMQWZ_[cjbOSWXU\]OBOV]ded^ZZTGQZ]_[YURNKRZ\X[WXVSKNTZPKKHOZaZKPMPOR\^ZRKSUELURRVX_a[QSOE8FRTXXOLOTW\WFFPZWTXefWQWYWVYZ[PBPUXVNMUQGKY_ZV^^_aWKOTZXZNU]ZY\]ZWWNMQIDO[_ZTVWMMQUWOO]e`WXOQae]WZ\SEBJX]YSSUSYO@:JPKTWTST\`]XZSQUQUZUNLJ?FJV]YVWQY]WMHNJNSNKPY``\WWWPE?J_g^H@HBIW]XCHL;FW[SPRUTRUOJ=B=GMLE8V[VS[XPLOLICA7KQPPTSZ`\QMVLK[]VQMOW]ZY[ZYVRPQRTRLRVQGQ]aXTW]Y`_VMY`YKTZZSMHKRTRNPPLJKKHIQQUUPRSLOWQNSRMQTQMOJNK@:IJJSYQ=U[WPX^cff[W]]RXUNBOLIMSPKGFCIXWX^`caWRSRQPIOW\YTQUOIFFHMTXXRUUTZZWPJR[URRK96FEDHB?;HMPF?GHIOW_^VOODQVRMGMRVUURSX\bheZTXXQZ_^UOHPPHNRN?NPL^\VRPMRVUK@MWWFGPKDCA=JSSRQSVTRPQQSVNEBMSHDIMRNFF@NUKGJVWNGMENXQALKGMOGPL4COKU]]][VFFHA5DOX`]RNL?EJCJPMOPK=I[_YVY``S?KJEN\b`]_]]_a\SNPVW\]TZbfjh`ZTKRY[Q[gsvnbHZc]WXPLKOYgmiWLS[YVVWUPVQIGQVZZOOQMELMJLQTMC;IRQFGSSPOVUVTPPKLMIKQVWYXVTQQXTHIY\XXUQRUR]cTQMJTUUZXQUQMV[[V[[OMU^XQUVPQLIZ^bgb\UWN>FLOPOT\WNOW]]]`]YVUPTUTRVT[`VRWZYSV]_]MAGHFAEMSOHHQTVX]q€oSMX^acei`YYSJMXY]RE>Z[_a_YTS\^[V][W[`afaWYTKU[UKQ`b_ghe\PPSagmg^XZ[V[fjecX^djfcb`VMU]XY_cgom^TMVchbdc[DEV\afhd_b_ZYWRY_WPZZXVSY`fe^S=AKNY`\TPQUV^bZNNTNKTLUZ\_`]XXON_ifb`XMJW_`WQZXPW_ZY^__\[[WWOGGW`]UYZVURRULM^faSS^YMPVKS[\RKNNQZca_YKPPH;KNC?SWKGTZZUZ\Z^\WY^ZWZWRQOU`edWLQTPVVPSOX^\YTKNFFPLMSRWRMPMHLLSQDPWORTPU^c_XcYJKWZ][WSIMOHJPQRZ]SSTHSY[YUSTRSVTZWTNURY`c]YPJSQMKWUMUVNABU][NPPQTVNOTTIMIEBLZ]T[]MMV^[XVV\^WKKCLXSFCPLSZUJPRSORXXOJTWTQOLIQTINTZZSDILOJMMHBELEMQOVRGKV[XWQILLEHQ?FOOPU\\a_\XSUXVOPZXIO[\RMGS[V?NZZUVPPWUVYSIDOXZWMNZ`b_[QU[WY^^`cebdaXRXUPQWUTftvlNP_aWEAWR=DV`cXFK\XMSSSQIKNNRRPTRJQVSKFIOW][OEEEBHQ_d[TZTRNHOUZPKU_d]WIDTVQUUNKQRPPVad_\dh[VZZUJQWWMKEDVWMKPPSUQVMR_`\QQD>QRMR[YLBRXRQQOHT]WWTSOU_]ZWXZ_`^]ULWYU[VSQHISVTIHMVWNGRX^^YWSSQZgmj_TIY]]Z]cc]WM=HIJXW^\a_^ZX^ehj_bhdZW]_\dgf_XLJILOPY[_[[jgXWUUdhf]Z\\VP_dc`[^ad`ZQUZ[WSSPOWfopcXLGJOSVQYUY_`eedilgbWKLNWXZZXRISV_fdZY\]^\YVUXXTQV^_]SLSZ^]XOSRU]^VU_^QK]b^^c]\]]]]WS\[\_^[\[SKUZYWTILSYTRYYWUYVPZYUVXMGTWYRJNVTNMTWRNNPSVUGDLIMXZTVVWQN\igYRVSWTLJQTY`d[UT[`b]WXURVWPOMHKWVONGGNSTQPQRLADONKMNMNQVWTX\SQ\b`YXXXPUUSUTX`eaWW[_ZUTQXWWQP[a^SDQXSR\aZJS]YRLOVTF>CTVK:-3IOPPINVTRUTMKIKSRPPUXWJMTSSYM=AKX^^WOSX]VKO^UFKKHERZWLQYWTVSQNDGW_RH^_RSXWWZUPKGSZQSYZZRKKTLCKNMBKYYVSYZZZUPWXTPKLKSQIRflcZWVZ]VMJO\c^RNSOPQVVQUNENTRNOMFHJNH>;?IQOQVVURBCIKGHPXSOPVXYRUVRN?6EHISSECOPSMOLFQSEOVSUUROSRSXVKESWX^]ZY\aa\]b]VW]YTRW\WNRVQKHRVPMEEE=DMSW_^S[[RQTY_ZTZYVSKPYX]bZNOWXXYTPPZ[LL_eRGTVROUSXXNJX_]XUY^XGIOD6BLVVRSVWTIGSYYTIRTQVXUMIMMNQXRRa^^_WZ^YMBRcfa\XXZTKWYZUKOSNZ^^XUTSW^ZORVUZ^\VUUULHTXW^ZKCIV[\ZVSPNXRJOX\UFPTXYXVJVZYRMTZYVPPPUZYQNRRQUUXYLFI:CMKPNQRXVRRSTPNLPPQPX^kl]EAERQOY[][VRUSILUV_aZLUUL]d`\TUbcWXbb`]ZR\ki\MRRSUZZS\klb]]RKX^]_\Y]egb]U]abbb^W^d_RTYOFU\`ed]PMRW]\SQRSbe^]ZYacb^ZXUW[YTVYWRQYa`YXUPX]^^Z_ZMX`\SNQOBL[]`^]YZ__VPLUSSQWZ]b`OHLUYVQN[`_\SR[[RHEMRPURTMLJOJGU[\UZ]XSNPVX[[Y[VY^ZLQY[YJAHJMPUXWPR\[WOKLQRZbaSMW]YNIYZ^baXKORRQT_\OGLRPMOUWUU[]WHMOU\[VNCBPXTUSPKPPDEMRSMTZVOR_WPKPVOLTalicXPTWPNIMQMKF?EV^^acUHPXZ^[[][RCJSPIMNCNNNQV[XMV\^]RLORUYZ\^XGINKHLRNLMGLROR\[X[UTYVWRPS]ZQJGPQKPWODKWVQMNNRRWXXY[USMQZZQTPBHT\caPMROJKMVZML_]VPVQLEORA@DGDILRSRZWIMPJCOTWUTWRG>ILMUVTQPXZWNEN_a\SVXUUVRH85@FPM?EKEKQJPYTIR[OT]`ZSNRKJJJQQKKPTLFLZ^XKKWWNHAUce\OLRJR]cYRUNLPKYVMOTRPMW]YRNOQQTWTJNUNIVYZWNLOJQMJNGPTY\URPSRQMPORPNLS]^V^gbTRTWaicPMUU[\TNSGFKVYTQUNOT[LFMKHJJF78HRRGHTY[UNMNPV[WZYUQFIEINFPZ[SHPTRQLQ^fbSUZ[XMFTQMOVZXIBIRKLZa[WZ[PRYZSEEQWRWWSHNU\VTY]XTOYZUMLL@GPPRTYYZ[UTX][QFXaYHNXYWY^\ZSU_fbYZcefddkqna\^O[dml`NYbe_OSgle[[b`SHEPNDKSMNLHEVUYWXX\SU]\ZXSOLPSQVZZVPUVMD=ERNOVURWSTX^]XOLUWYY^_^\_fg^PDANVYXPNSVDHJMUXXLGSVVUTWUPOPIJKIOQZbZMKJMTZXV\[WZ`\QUSZ]VF=MVRMS\SMRZVVUOOPNV_[CCOMHJUS;HZ\PXbbWUWPQ]kqlcaOVWCBTTUZYTZ[NOTOT]ZX[VT_`XVWTZfjXGT\_WY`b`ccb\VQJTY[XUZbfgeh\UZ[`hidbkk_ZYUSRX_`RPNJSVY[ZSTU]a\TWKMYb_aa\[eaYEGTRGS`d]V_XT[ce]OMV[]TJALPDJY_ab[ZTQQNDJY_]V[]^Z\UNMS\_[RV`]TMNWXOVYVOMQMNPRMDMSYRZcbRMRVSUWSNLONTSOPSPNGKUY]_\[\YWQNLJIW]TGKTSQV^YRIZee\YRPVZQGTVNQKMPSMIHMMNIGSSQTY]PFSX[RTTYRRPRMHGLLMGGMIHPTQMQPRXPFAU^WY\VJCQOKVSHKLKURSTPKIRVTQOMQL[WQUTMLLQJDQNFHLRSSX]ZTJNT[_]QBANWVMPS]WP\WJQYUNRWVROX_`lrjNGKR[bc[XTLAS_XNR[a_^mlc\[^Y[ccVFOXZVUVabWLRUTUXY^_eg\OJHINM<:ILYffWJPOYYSM?KY\bbVQWWXSTXZWXRFOTUUOP[bde]NKTOX[`ZPRTQYgfa]TPVW>IZVT\[Z[`Y\`UGX\SHPXYSUPMUagZRVSFRWZab^WW]WLRMOTVNTWTJNOS[\b\QITWWUOKMQMDRVZXOLQRQn~y\NMIT]YeyzfOT]YVLDJRTMYQMUZ[bb^Y[ZZ[ahfXPXabWMNMYeih_SXae`\^fbYWGFX_XURX`aSKPZUGN]dg_Xgpjf^SORORXVYMHRUXUZY\\IKce`a\Y_cZ[XRWX[]^^ZTY`cci_V_a^\[YRNKUSTRTUYSKU]YMMZZNKMZ^\RIPXPMVRKNQOLMNOPPSTNLSQPY\UQWVVWSQOLLUY\WR]_WV[`b[]``YPRSNURWUFGAJW[TLEJVaa]VOUYVUMMSLDADJIHUZSMILUQOSRQWXQ[hd`cea]V\VTVYY[TJY^[TNLGGRVSRG@WZHALMLGJIRQNMOKPOTW[ULQXJJVY[TQQNGLYZQVac_VMPZWLR]ZSV`b[UWSRTQG?MSJKJKSXTPVMEVUWUUTLUbZ\dg`VYZVRSIDGCEUWVXTRNQYXOJJN[^UEIJGFOPMP[a`[QUVTRTTRMK?AQXROMGMY[[X[`aXV[TRVOMUY\XUVTPY^`^ZOC@MOHEOZddZZ_^XOSYVKPYYTNHOVYXXQGBGRVUQOIMSTJ:IQIIRNIOQOTXZZTHAGIPLMOSRPPRHMX]\PEF=HUVQOYVFBDTZ[VIFOVPRUTVVMIHJESVKN]][ONZ^VYZUPPOOSUUMHQ\WNRUSW[XSMT[SIIJDHQL>HJCOILRPV]YIGMTVRIGOOROIFOPHVUX[_YMHJLORQOTUKMVVWRNV]`T@FRQNRSTTTUPTURSRRNUXTTPVSDV[TFMVTRNOQZ\bieRSRIMZXbpr]IVUSV[YUQS^aVU\_bejf``\^]`b^`b_UPQQPKRZ[YZ`[NHNR[cdYVS\gncPSSNIKWZNWb`djl_RXbdbcejli^MQ_a[PPSMNT^^TOZace`cecW_ZXWX`]TW[`b_^`b[[[WVW^aVJWdb[R[`]WVLS]YQY`XPNYdd]TQ\]SILHMR\YRV[YGMUKLQQR]]SLOXZQJTSOOWXSV[]\VVZ^]TXXSQJ;;=IRRTXOGNF@PTVTRPVZSGJLV]WGOKGHLNORXVTNXgg[UWSRQPOMPUTLKUZWMMS[VKKGOSL>EJPUTK@HJCB>FHFO]ZMNOPVXUKOVSLHBMSLD?BFLRTPMOI?PWSJITUGJRKOXVRKKQQWUIU^c^YXOJUXVSLQUWZZUTXS[Y?J[BS\]WZ_`XFHY`XFLROV^_SJV[WW[Z^ZPKPXVT[b`TNTX[Y^bd`ZUQW_chjn`\hk^UT\XV[ZZ]a^ZTPPPP[mtnaTLVSROV[YQH>IQHITSFSYX]WTV[Z^_SV\WMLQNUcijbZULQ__ZTY`b`bdacYHIQGGTXW\WTQVS\ifSV_\WQJV]\LQWTV]XUW]ZQQVVTYSTXWOO\_^]ZWQOSRPLR\XFV_ZJOVONSNSVXTTOLRTRQIIVQJPRQPKFLOJNUYYWRMLU]UENMGMSY^_XQSNKURPHHDIPLPWZWOKHPTRQKKY^T?LSSNMIMW\WQNLJLQILSXZVRWXMCP\YUSTKA@KTVUX]UGFHKX`_WVTW\[PSW\^]PDJW[WQKTVVTWSIAKSZ]YTOOPIKLAU_^XRQSY^Z]^]OHRYYRT[WMTVV\XPMUWZZRENVQKTYZVSV^]VVSPJS\WTVUW[\TMNKOR\bbYXTPMUREKOHMZ_UQRVSPUXVMGKPH?DJNRNT\^VT[`YPNMOT]ZUPRVVTPHEHDEOTVURPTXSXZQMSPLHDEQ]]PFBKQPDPQPW^RFZ][_]VPZUU[Z\ZZ]]VSTSPKSTMHOTJ?PVVJAIMMHBDLI9BLLFJQVVYSGHRLEH=8MY[XVQV\`]QONS\TJJSPS\YQOW[XZ^WU^\PXd[ERXLMVZUORVWZXVWRUK:GQUWQPOSQKOZYX\WFL\\RWZTUXSJDPZ[WVQQWWXXTZ]UIQQNSTHWXODCWVNSUPKPPPOM\\[dprlaY_^`a\SY_b^XV_\adb\U[d^_dd\W[WYYacaV[b^cf^M?LRK@BP\`[V\ZWNS\UMQ[]U_ge`TOUZac^VPZb^RQZXQWVR\^VIKQ`\QLKHPSW]d`ZVZ`]TPW`]UWXSVYXabUIL[XSPHMPMLDOWVXX]ZXUWU^gg[OQTOJMAJMQROPTZXTSRTTSRUQKP[^`\ZTF>MIEHO^[FLWYKBMKURF@HPVTQYNSb_RLMSSRSNOTZZUPURKGOLE@NXZXURNPTSUYWWXZVMHHMWVVSRVYWXYZXTOIKDMRBMPQT[]RNORVXac^YVRN\b`ZZWQLPV\]ZTNIOPKMRNFIKPRRXUOHOTW[[RVZSJY_ZR=5MUJJRX[ULV]XGMTLGKJOV]\QRUVVTUOTSNTSOPTZUTY[YQPSRRODOXWTYWLETXVXWRIG>>HLPQOX]UJIPYXTZZYVPEB:GGIMIJU^b\WRQS\][VRPPNOUXWTSV[\YURVIISVTWZVUYVNRSPLOPFAAHKMLPG8BE@KRQKNRH=GORKJF;>KLN[]YTXTNNRZ\VPPY\XRULJINUQKRRHNZZUSQQVSKBMYXPMSRFLNEDLHB@JJNWRORTOQQRSOPQLPMHCKRRPPCANSUWVTOMQXUUONURPSM>CMUSHRVPYXQUUTROOKKLSVZVUZ\UQTYWNKPRWTOVSPNPWIEMHLMQNNMGOYXY``TONU\O8JNPPOIQT\[VTSCOZTOUVWLBS\VLLX^__]YTPLI@BK]c_RUad^VI=MNDTZRPTVXVKKFFU[VMNX`[VWVSV[gllbJMQRXXZY\WX[SN^``gnh`WWZSHLRSTW]]ZYZ\X^`ZYH8LVZZYOW][][SUZcdaYYOFOUSSX`YXbh_XU[\SSY__^TEINMSVUaf_Z^]\YLEQRV_\]_^Z^]VSURU]XVVS\[RNWUYWNISMOX[ULLRSWYZ[SPRX[[XULVdd_TBEMMMILMHJIR[[W[XU\_YSQQGJ[_TTRSVE5FQLRXUSUVOOPMHNUQHHHKRLUUUUTJKSPP\fdTR\iohZWV[acZV[^[]cjnkaXSP\bR9LJM_c[MY\`gjaY_adc[UXWZRLPTUYMFRZZWYXU\ecdgihb]]a\U[\XTRRYWTPOKUWNU]UFIW^\[_XY\WW^b`ZUUW[`__e`UQOTbggfcNKZb`W\dge[QJU[ZWUYYSLVXTW\YQT][UTQVOGNURW[XZ\Z[^ZRKIU[WVQMJIGBGRTONPOCANRXOPSXUFBEJRPTWTERXPKQOMYa]TMPPBDQPNHELYS:LUQVab\QNWYY^^XRXURT[YWRRSZUVVXXWTVUNPJ?R^ba^ZPLOPUUVVSMHG?S_^__XQSWUMPUXZWQKNWVQWKOYYTQNVRM:JW[SLHKQVZR[^YUVQT[\[UOPTN@DNPHJMLOVYOJJRZZPK[]XXUKRTROPTUJBJNLNWXYXSMNI;=FMOMGRQLPSSOGS]]Z[[PPS[\YTTWTIB@GFLKKKWY[ZTGKUYTQUQHEIQXWNPUWURMMTXPMLNQVVMMVREGKIBBCAG?=Q\ZMIJJRNSUOI>GPRKGLIJQPORXVLNRMMRREGONMJELVSTVSSQBIPOORUOPTQE;AHU\QI\\[UMQVTPDBOPTRNOT[XMPUUWUQH@NRMIKOQVUQNTTTRIIJOTRGAMPQROMNIGLKINPNFEHX^[NCFBMOVXWWPLRVSSTOMILREHX`a]UXQTYXTEGCBE9?POIJPUUT_d\SS^dUCWQCIOPMMWVYYTJRTSRSVYNR_^RNRU]_bYKERUVZhoulQ^hjgh_SFS]WRQOUVNU\WQPNSZSPZ_^YVXZ_^ZZdg[CLRPMSUUWZ]\WNKX`hdZSQWUNFJWV`ee\PU\\UW_a\MHOX]YQRZYKEPVUMZ][S[YMV`d`YYUS\^VQMPPTOMVVZTRJHWTPPX_]WWXXbWEP\_a_SU\WVVUSUROU[^WIGSZ`[RNSPRYZVQOOOQHDQXYWQOVZSOUa_Z_]WSWMLLSRUXPPOPY\PDPPQNYXLF\eb\XUTSRWYULHNKDPPQY[YJDT^WJLUSVOPKZZVTUVSMV[WRU\hxwfX\cghea]]]]efda`RKYccZWQLQX[[XTXX\]WZc^UUTY`YRSMNYY^`^SZ^\SPU^pvriccce\V[[[bb]YPR^e^UQZ\RX[POS[`]X[\WYWPXY_ba[QQ[THTPLNQLWehfe^XUY[_]cjj\Q[]Z[YVX`]XU\VS[[PKQUTQPRLLLDJOTXWMPX]^]]]^XSUUTTXYQPSZXX\ZSY^RNSVWXVKGRTHCV]SDFPOIMILPVUQN[\QMTQUSEBV^TROIN\`TIMKFXb]PIT\XWRPQLROXSMLRTIJRVQPQOS\^_WQQVVTQPRZXPLMNTWXZUPWUUYSQVTNMMNRVYWXPQ]]WHIUTOGLW[QKKT\\WQSYRHRX\]X[[ZT?0@NLNJLVUSVXQKGKUWG?RVX[SLNUTTQOSRUSDBW\[WTPLLKIIH>HQVa`PMQPQRKNTUURJLONUTQVRKMROKHPPGJPMJTL=IOVTHMTONEFCECHHJIHRXX[PHQHNPODCJORRPJDCKTJIYa]WWSKJOSYYROOOQI<6DHLVVLKSKUecNU`\GBFIMRF;D<6DLUVRQRPRQVXSWNDFNPW[VOYYXVPJEKKHJVTOPVUNRNIG\fgaTIDHOPLIMOOMLIKBGLMPPLLWNFLLNZU[hdOWaXBESV[XY_`SJF;DGDFQULBIJGDHKNHCPPIOXZRLSUQX_UMLMMHKQ\bb`ZNHRZZUNFLUONO@:?SVTYYTUYVJMNNIRKZQUbaXWY[_]ZWSCJOQ\mssk\^faOUSNJRXPQXZSSPKLYa^SKTRKN[VJY]S[hjVcl`RUUS]e`SMTWSTQUTamhUIIDCHY^_\^dcUUZXKENNURKOUURF=S[VQXXOC?FY\ZURRUV`e^U[TRNBLO;H\]SKW_a\TS^ZKFNRY\SAH[ZPPNU]bZSTNQTSZYPO\`XQLMGK[ZPNQQVPGIIEENUSNTSQRNMXZXTW`_TT^^\baZUQOVUUPCORPPT^]TIU_WNZ_aXRQXTSTYZWZSPQUPPZ[[UQ[^SMVUQRJQPMPMSV`dd\QV_^[ftsg_\`a]]__WWag_UW_^WW^g_VWVVXMEUY\b`SQUWM?ES_c^VUSDAKQ]eaVO]aV\flni\UbihcYWZ\deYS[`cfbb_XUUYWTRIOW\ZZTX]SGS]cfg^R\c^UMKORRV\b^Yfga\XV`i_O_cXQXWTZTQZ^WYb]QR[_[ORX\UNPV\TNIPWYVRPPS[ULHHS]ZKIV_WMOQVPRTKTZYRKOSURUNQVPR[ZQFOLNIJNDAV]SPQSRNMOMNOOQSPQI@?R\XY[[XNRQOT^_UVQTPRYPMX^^ZSGRUTOCBPUOLXYYUSZYQURPWXVUJJXZVSKNUVYQIROGPUQLNOFCRXRDV[PMKKWUKKLOMLWYVOLJC@PXTURHPYYO>>HC?LVZTV[YF@@N\]NPJS\[PRVYZVOX_ZSQNLMIGJLOUSPQX[MHQT\_OALPKJPOMUVTOHKELNQXVPPQQWDIGJIHFLSPHIKQP@BOQW[ZPPMPPKMGKKHGEYa`]PGGMTSUZVQSRP\^`jdTLPPK@>SXPQVPXaZTMW^ZOMDDROOchZR^]QCMQSXVGNJFHPOGANVWWYY`]XUPRWPTVYYYVYTLUWSOTVUQG@RUJHMLXkmg[TOIC@LVPPQLKKEH@IVQJLPRYYEHIDRVdxvcW_^SLOVZUAINUSTce[XXJIV`_LDSV[VVVZ\a_[`[QnshZ\V_pqfVZYZ[WQX]dkg[Z_^TN\b\\aefgbVYQGGPWPT[ZYYI?Va`WQUXQIMNOZ[LLPT[[WSVOU[NAKMHHWXYUTW\USZWEDMR\WICT^c`YHBR^[LFJPWXQMFDPTIGSRKJVWJKWTY[QHQYYTSVZXUUZXOUY\[TLQQO_cUO[UW[UUOMMPMQTRJR[]\\]^\^_`\ZVUY^]`]UUOSPOFFW[YY\WSOW[_YMJVa]X]faX`]SQV\aWWq€{h[b`PPWRVaijleglj_VW[WY]VXY^XVVXbb[^____RV[YQNOFC?DR^__ULUWERcc]_imhfdaWZjmbaXWUWZ]_`gf_^ce^SUWTOQW]VWWJNXUXZXXbfdc^`c]MK\d`]ii^[aikf\Xab[OMEBKNKT[Z_`^XSX^_ZWW\]WTTXOMRX[]TJFGMVUNMPZ`bZLIPPOS[aULKEANSSSV\[YPBISYWX[^X]_[VPEEN^e^VK>QZVTQBGFMSTVTOMUVZZ`[VSSOSW]ZGEJLNWVV^\STRKGSQQPKGLVHCUTUWWYTHPSPUY[[URZ`VGEPTPPPJJKPSPVYUVPIV]\X\_]ZTIUUMWZQ;?OTQMMTWTSSMDKRVXVQCFTRORSOJQWSKTRMSXXSJRXXV]\XXUPS\c_WQPHCGO[\YXWQQWRTTV[VFDDLRVSXYYUWYUNEHGOWVJJKJUASY_WJLSPGPQONKNSTPIPYTMILMIL==JU\T^mk^SPPPNLMMQWXTIQ^ad`LHRVSNDMLHKROT]WRMQYZQLMLUTRX\ZQJFFLWVEETTHHJKJLJGBFTY\_b]OLNTPJILTZXUTPBFJGPZ^YOQL?AIX^\]bffZRTRDAFX]XSPIIGHHSD9Va^SOKIMGJTQMPYWB@HHBLSRB@R\^^dbZHDJ@CJIHC<;INIFADKEFXXRNLLNS[ce\KQRKMNGIOY__ZVLLQTW`e\RLLJVYWSGR]]ZST[YMFJQWZ[\S=GNYUOIMOQTRXWUQJEEEMKA;JTRFDVXSMKLS[][LMNB.DRH>LGMXYMIHNMTVTTSIJIGY]XQXYEJUSQMLPUTKKT^^UTUMOQZZYUW[]][`c^RRU\d_WU]abb]WWXZYTR[]VMINWTO\a]WRTXXeli_ZVTVXWXRHRTMIKHS\^WNMXSIMGS[`_hgZT^]Vajhke``W@DL\bXJS_cZONL[^YNNNY`c^PR[ehdZVW\YKQ\YMLVXT[_WEZe\HAEJP\eb\OLXWNLOQQU^\N?BYbYV\`XPEJNTRQTVRTPPKTYUNV[^aYV]jkge\RT\hj_TQVNITWVRYVIQSVRONQSILSLSXYVXW[VIGO\\TQUTVY]VNJQQOUQHTVVTP[Z\acTc^SS]VLSMKg…ˆ|f\__acXHNO[a^XYSRMNYWRUVYULR][SSYVNDS\VHK]hgeeebef_TXZ^a]UKMMQU\[Z^[Z`aXV_a\Za^ZTVZYY^YNYa_ZYdhg`^^[UXUUPMQUXT[ZNGNSRROLPTWZVRV]badda\QV]UKMJFKWPGGRV_]RRX]`XQY\[YQPTY[_^_QKTXTOBMX\\ZTRRP[gf]VWY^ge\OHQXV[ZRNKMWWVY_ch^UVRQSLNRT[SKPZ^YVKBPMQUQNWX^dkjYIQVWWTTRYXPX]XWUPFHQMKZSHLUQNJHEFNX\[TPOKQ\]VUYYXUURTVZ^ZWSPTTJHKS[^]XNOW__cgbVXZZQPPU\_^RKWWZYTRSSMMNOUWJ;>NNIDKTWdf_TP[\WQOKHVYRJRMTXRNJNWVFKZWRTVWXVWVZZWQKKOGN\[LPNQNHJHPYTMTY\YTJHUa\ECQOO^cTQ[YUQPLUZTVZYWQVQGGMNMNO=ATVUWYSMIQKERTHJV_YL]f`URGIQQGT]XIS]\P?GOKGHRSSNJMJGFLBDOJAOZ^^XRMVRKB;LKCFOSX`[HDGECCBR][[^_^\XXWVNCBMRHBJU`b\UMB@MTX]aa\RLGOTSXVVUJOSMOTG:GPQTY^ZEQ^\QOSTTS[\[PNWTSSTRKFDLQKIKRPTSNQOW_XLGDQSIB@NSRSQQIIPJ>LUUUUTVTJJUZWRTMIPSLNUNIEMVZXZ[WN?LLPYXO_ljYEQUSVY^_^ZUTNFPZVOQWVTQOXRL\TTWTNJRY`dZPNchcac\RU]^^XMTVPNXVT`bZ[UUPP[TV^gd_be\QUSW^jlj_WPOSRP^b\RRNKQYY\`\YXKGVZTGP\XQTLAFQNQUUQOOQW`^^[T`lmdTNVUTUUYTMSPIRYOI@>FIL>@\db^^ZTNQJDFNVQKTVOR_fdZXVQVZV[eb\\ZOQXadWIS]ZY[XUSZ_XMHWZ\``XI5NZYM?RWRTTLHNUPKIW^XPLKKLGFNX^U>IPLHPQ^cdVZ`b`^YLKIIf€†yb_`_XUWKGKWb^V]a[SW`_OKUZLLTTT\__\Wab^]XQU_^^[Z_cbZTY[QMWXPSPW\[]bcYPV\^YS[[[__^\SQTSPQUZ\^WPY^``]]\OV^XPPY`]Y[]XKKPWVKU\SVU[db]\`bd_WWad^UURTMLLQS\]ZVTUWTPSVW_aUJSVVQYbg_YYRKMOLGKUVUYYRSZZVSOL[feVPTZVW\Q;AKOVYWY[]bZKRSBLLMO[bWIOVS^_QPZUSXI2KPPQW][]]_ZUOMTSTRY_^[[YQRSLGQWTTI@HRPICHRUUWVSJJLLSY\^VIGGFM[c^X^\MBEUUUWUNMKIKRajlj]VVUTKSSJPWSSZTORTQELTY[[ZXMFJHORPU]XSQW[XSTRPVUMGFFQ_]OFLNQJGHKGEISSOMPU]^\\\YUNRRRY_\WQUPADKPQA@QYVPFCSXWSJ>GVZPbc[[V?KWWUUOXYNGPTKOVNGNMW`b]X^^YQepqgX[][[]]XNU[^UP]c^Z[cdb\[XT[eefg^GCJX^`\WSX``OW`\TY]_`\\YSKLS_ccVSQNRWZXUUaegiiaVVW_edZVPPT\]ZRSWZ]\SRZUKQVWTIGVZ[I@WbcdYQSPQRXVXUPUPCUa^SW]ac^WZYLJJTXXVNKT^bWEJLEIHSY]_ipk`SW\VUUUTRMDIOOU_bYXVF>GLYa`^^_U]fd^ZXbe`_`VXYZTUZVOLWaa[WW]VLNSVLEDNJNV[XPILT\\YQJOX[PIU_\RSONWUT[_ZPX\Z[VOVURUbijg^^\TKUVPHR[UX[aa`\aXLRUTMQWPT[ZZ_dhfbb[RU\YQV]a_VUUZ\VPMV_[WTTTPLDMV[TOPRUUSV]`XNJQWYUSY[a[PNMOXU^b_]]WXYYXWXWWZ\YVX\_a_[YRXeidRQWWSJJZb\PUTRPHGMZ\_`ZXYSLFPZYNNHDTZXV]\\SPI9LUNBDFTZSOWY[]ZTSRCQZXNMTYV_`UKMJPWVQUWWSNDMZTTTLOY_]SHNLNJJSS<=NZ[WRPTVZX\YSQOJLTSRPNRYWTOTPVWNIFTYVRWRPVXUQSWZ[TUXPKSXXX[[]ZOGUZW[`_UPQRNUZTLNKQTQUbfc[W]a\KZYVUYTZZWYZZJ?B6KZ]VWSOQRSNKVXZWTLQOLOLFNV[SHN\aYXPLLOQTPSOIIMKRVRNRSRSRQRMEPRKS][VYWICLFBDFLKFBHSTMGCHIIQ^d\f^UYT>@QPGGGFDDQYWPWSDN]\WTUZYMB?IECJE@PTTTPSVRPTVTURLMQGAMKLHHQ^b[URUY\YLHOOLV]TOWWQOVZQEB?>HOSLKNXXWWZ\^]]a`[TEGLSSPVYYLABNTTVYWXVQUXZafffdaZNKA;CLLFHJEERWSRMGEOMFIPS]_YYPLX^]SOQKGRWUWYRURLLLONMQZUOGJTWWUPIOPSYUNUOGMQNHIID>T]ZPQSZYMHMNOTZ]]ROOHJKDAELKJPTUTSJMTQOPU_ZSKOWXNFNKIOVX\[TbjdTLRUWUX_fc^_`^[UTSZY\YX\blnc^^\[YY]`^ZZ_f]NWX\d]QRY_]]WSY\]UOMWbii]OPVhng\][TZ_^]ZYbhigfZVUV]_[USNWRVccZVXJKX`VT[XRKCOOHNZ\PK]edg`HIV[`]W[]YWXTQSY\^XLX]]e`_b\\ed_\_a]XVUSPTRFGOS\lusaSXYPRXZX]\XTKJOEP_^K=RYW_gia^\\\\[UY`bed_]P]kn]JQRRMQV^\TQ\VGNSTHGCLRPVWZ[ZRHKYZRMNUTQFASWRU[WUPRPYYZdhdYURQZYXegd_[\TU\[`cZOKNWRY\ZXW]^_]\XWZabba]^`[Zad`]Y[TS`a\ZZYWVQROM[c`[TPV[VMPV^YTYYSW][^\SOILW]]ZUTVQHU\WX[\ZXWV_b[URNX\TW^\QPT[^\SRSPX_^PMVVYVSVRLD9FONQQLX]\\ZYYUOJX][XNBERXWW_`_XYRBGNRPTWYXPQQXPPWTCLTXUZ\YURNX^TOYUPVXUMON?INHQVYXMO\dbWKGSTQKHNE?CQ_]SKUWYTSX[QSOKIOVOFPSSSRWXOQTWFBRV]c^WYQVQOR^b[PUXLOUMEO[^^^YSZ]VNNUYQMS]`VHLM>HKR^b\\a]_]Y`bc_[RPJHQV\WTSMHTZTOQONMLJLJSSY[ZWKEX[WUZZWKJ[\UGLTVOJJJPOHGRRKOUUNPTG=LOGFRYWSTKAJMFIFMOJKIFEAFYZOHINNWWS]RRQNSSLMOJJVYRMLMNKGNI8MSX[VLNMILLOL:@GNUOJORV[UNLNQSWUTSPMSUNVaeb[GCN_e^QGCHGRZ]^YH5GSYZQA;=FKJHPTWY[WXZbfea[TNOURLMQW]WOKLWWK@DQSUQRXSSS\_XT_dXKJF?GHNQVTINNLGOQMNLBBQQ\c\SQUYZYRMJGGNORXZUQTOGOURNPQKKOORYUQOI??JVYTSJ?ORUQNPN?N_b[NQPTQMKNOLV[\VTMNHISXWOJOOKITV\\WTX]]]VKIKMKKBPYTJBEU_cc^SMGU]YOTbh[P\^WXZ^^did\Z\bmm]N]ca]fehg`S\`ZNUXW^\PU\caYQXWRTWXZZXX]X]]_fi\T^^_^X^b^\\ejkiZECS_ZROSVLFN[]XT\VOV]`[POQRSNJEQ`^QFR[]ZYSW^_YZ]`\VY]WKRUNA@5JLMPQFLVR]eYRYXNUZSN[bfghlaW^_^]VKILPXY_g[Ufk^Uaec^\QJPU]_ZVSPKSXYWXPRUX[\YWZ[Ubc`gqslb^[be^Y\^\UO]koeYWTNPMCAISSLRVY\ZXXTWXULMUWMLLHNW[[YTOPSOKOPPVY_b_]VPOQVZZ^]VUOGMWTRU^dhkhbjl\YcfgaWOUYZYSN\f`MORWXRV`^ON]e^RWZVRTV^\OQ]]WJ@NUWQGISWUTKORYZVP[bYSZ[MOYZQPKO\]RLOXWQV^_VOTTUXUWRRZWTMPXWLPYXSFFJLRL]Z_`YVYY_dgc\Y[XYgh\RY`de\UVVJHRU^\^dhfZMJSUZ^]TPLBCJGEP^c\RS]b\[cd\X^a[NJNQSVSUVSQHKWRT`d^SJLTTXY_f\MPSSTRYZX][XZXNU_dc\NES]\XRQZWFNU[^]VWXOSXac_[YLNX_a`a`UOQPMSYSSMCG[_\SOKMSUQQOO\fdYVX[YWMLQVNFPVY]c`[\ZKBLT[^XNQ]^QOZ[QGKSVUTVVX^]YXTTTUXNK[^VQUTPIRYYRX]Z[VSYXSX[]SRRSVJISLO]_YVZZ^]RPNWbg]OMOFX`aZWQQ_`XVZ\YRRTRJCDPVYVMFLMRTTYXZ[URS[a^\UOQZYYVRU\VRSPQZ[YQL]b^[RFJVYVTUSESYTPOLLLGTWPLMTPQY[RNJGNY\TPVS@?BOSNPTRXZ\UK@MSSUSOQRVQNOPILQ\\VKQOROGMYWONIOUZ\\SQX_b\RJQXMEYYUVUNPQXSLHRSOSYWMQTPQSVSGQ^USWWRGBOXXQMPULLQPJHLPSYYRT__QGLRVRMTTSURMQWRPEHSYcaUNMNTMHL\\TMJEGMUSICEONUVLJORUZ\ZFEUXWKMRPKNNMMHLTRJMSTSSHGPH>HKIQ]b\O\a\RMMIR^_TOMLQSRMOQWWW\_XS[]UJS`THLYYXUTZYVHFGNQ[_XSHGLNQSUPD@BKTRSRSQLNSZYUP\XSVSZ^XZ``^WVWSX^[^de]Zdd]]^QEKYWIQ[VRTRVTS[ZSPWZZ]fb_\]ZRNRYYNMSTUVWYTZ_^bggiifbbb`f`RU[\[ZTLXe]SYZRCBABEQZUOOMJDEU]RPZVUTMNPUWOTT[^WORU][PUZWRSNHU[VQU]]\debYM;>AKWdh^ZTGS[[^`\YRRQNGLVSPMJFMQR\]UXZKEIVUOKHFQQB@SXRFDW_WJZc^UTKMNTOS]ced]MT[VQJ@@LTPJSXMHBHQZZWTNQSPNICFMVVMHNYXSRSRNLJHALMOZa[RQQ=BLLMIGWdibMJQUUUW_jeYa_XRZaa]XWYWVSZ[TVYcmphZMS\_`a]VYZSQPWZKBMRZ_`]VX[\TPQTWRPSMJ^g_RQS[]RM\fdX\ef_VVPAGUa]XVWYWSJKWWY\\\YQGJHMQOH=IXYUSSPDO\YSVWUWWTNOV[YUHKMT]ZZ\_ZTMJNTWUS^]OSZ[ZXNDHQVWVZ_^VTY\\]_WTMX`]UJBCPSUYZWWTWYU\cVQWW_`_WJWZSNPXSRLOTPIU`bXUJ9PWWTQR[\QOSX[^c]RLQXYQNSNHOPP[][VSSQUTLQVSV`ef\MTZOLKSRPUXUQPV]Z[`]X\USRW_b_`ZRU^cbb\WYWTU]c`VXS[de^U\_]XZWX\`\Z^bhid`aYQU]YUPTSQH:@LSTSVRNMQSU[YURQZ`YZYWSRTSPVSHQ\_]Z[Z\V[_]dc^\XPS^da]VUUTY[USY[TTRQV\bZO\WNZaYVRE@HORWZUMHHNW]cbWQQNS\^\V\YSXWOQRMKOTRT[XILUSQ\^QH\fe^KKV\UZaaZehbY]ZRUWRKLPNJIN\`ZLTT\a[VYXY_c^SECQIMUYba]U>M[VQKJUZYXTHDT]UHHMNMMJMR][VQRSUV[ecSVXTQVRLTTJKHQQPQQPSZ_``]ZVSZZSMFJTSUYZPWa[NWQNQPXZNIVXQFMVOMMFGLMNXa\WUQUWSZVRUWRQLKRMPUYX\_TDDVSGJJPUSTNGCEHIRSSSYZQ@JYILSMFRYZYVOS[YSN?ESVPIVZURTQWSMMMKP[_YPJA\gidUILHW]RGEKHHNTX[\XVTONPTUUONMGLOOMMQPRRLIDNUUQKJSZSIQLLSX[YUVRUUONNS[WMNSUWUPKIIFFQZZPRXZTUYSSUZWQBEGAKOVZVVVX[ecNJTSOSXVSY__\WSMVWNQVRQTVVRNO]aWTUWVVVQHGNUWRZ]XQEFAI\]O=;<=NVYZRQPNPUOKGTYUPMMFFMIJNHKEFRWWUZYWVWLJH>DPRY^]XXV]bgfZLY]KNV\XSQHNWTMQV][VNOGOTEMPLMMCGUPOVV\UXYYUYa`T]]SJNYVGS__WCGQKNVYY]da\YZW\ZXXVNOOSUL=HXVORODX]`faWV[TH]eb\ZWXUNIMLPROBIRX[VZ_YWQHW_]OT``X\^[[bZQPQVOTXPML;;LSYbdXPWRQ]`\YSVSQZa]ZWWTQUYWQKLSQPGAMQQGEU[XRLTUQQNJPWca\[SQ^_VMNNKHFGRSRTTUZ]^WSQQY_[REDFN[[ZZZTU_[N@CNSY]_ZSX[YRJKPSTUZRPTWUOKMHLPMQGGPLKNKEQPJSTPSVSVVSPGIOQMLSOIHHOTRVZWQQPMLLLFJYVLSSEEU\REHFLUSJFR\]Y]dbXLWY[\[ZWYa`ZROSXOBSUAEWY_[LAQbc`][VN=A=4?T[V[^ZQEA;BY[XQPNNHLTVULGFC=DKKNX\SKEHGNPMSJB?O_b[\]SMMUWUNOVZTOOQQOQHQ^XKIHDBOUXaa\bg`RTSRVSW`^ao{wdX\`YTVTY^^^^_YZXRNTacXSZYZXQRTTYNJDGIQ]c[RY_dUPY`c\WbaccebZUSGP_b`[Z_\VOKRUT^b^ZUSZ_[QOTUV]XBKWTWVNKPEDDSXSTRNPNSWMQTVYXRD;?MXXWX^^XGOUZZRRMQaXMSTRSRMTXWUNKRYZVYVSUXWXSSXSRWQGCGRSGESY\RIQUTWWQN\]TRXTKPLP]aYSXNRUKIU[VTURRPSTTTYagcZUSRXagbZWZa]OTZWPUTZd_\^^YSMGHL[d]XYTTUV]\VWXWZ]]]dhcTXedde\[`cWUY_a]X__XNK]a^ZURIKJES[\]`ZVS]_bb]TUPSPQSSW[XPIU]\RXc^OPSRCCKNTSJPS\]VQPLOR[`VGNQPNOEJXULJPORXUGAIOKTTRYbed`[TRPQSPEJWZYYUUTQV_[^]TV\ZSWUFFSXX[YURJMSVSTUTUURWOW``TLZbYROIHK[ZLKOJMX[QTQTY]XTWSUZYQKRSUTJG9GVZWPC?GOP[\X`^[_dhf`]_ULLTSMNU[\[VSSWXTMNJLUNINUNJNKPQPSQPSYQFKSRNU`f[MQ\XONZ^ZLCQVWSTU`i`WUVQSZUTXQGKY_^ZRQVUY]TPW\]ZX]`US_ec\IDS[YVUKJB7BS[YURPUOLJCR\\P>N[VT[_XZ[\YLOROQKQQHNUPMW[UMRTYZTXVSZ[VVVSROWWWSUVTTTUUXYSKE?CLVWQPVYXMVYSYbc[VVOBIKIDKNLINJFKLMTRPWVKLQUWWPMPUPFCEJSaaYTTVOJORV`[UP[\STYWOMPRXLNSOPUPOIKTSULAPPLPQPD8MY[SOHFMPVSSXVSRRWOAGFGHJNRNLPNPSXPKTYZQRVPIT\YPKHJWVI@L[_YUTRPLVVRLK@FPQMJNGKXWROTOQ]XWRQWhk]SRNIKLKIKMSVTYUQNMA;N[UOPRSRJIA=PWLFQYWQSRV\RFRWOCJRWXUKP_c_YYXNFUVSKOVURMOHHSWHUhhbVJFSMWbjlf[RNC=AM\_^bgigpndYQU[ab^cddaRDITJILBRXKENRJSXUOQZWHOW[_cih`YWWJH[imaHLQPQ]`XLYXJQUW\[YVWVQJHEP[WRPS\fieZQU]]UEMXTRVUJIOQLHLD@SQU]a[UPQSVUSI=AOVWMKZ_XTPQSLORW]aTJRUNS[XSNUTMAK[]RTTQZ`[X]SFDLRP=F\fdME\dbVNHMNY[QS^[VVXVOSU\RQRTPPUZMHY\QPYZZTVZZMP]c^WSQR[bbb_Y[]a`ZVVTTQNZ]ad`[UYWST[ilbM?MZYbccdZOUWUVZZ\ZQX`a]ZSV[]W_hcVU_fd`^cgd\VPOV\\\ZZQV^[LUYZ[UQWYXOPZZSRT[^^]QDSbcYFLSSSVUUPNNJWYYZXIM]^]WKW]QZfe[^_`ZOFPXXOEQWRWWJHOZ^a_TSSPNWZPTUPW\__]\\KQUKGGTWQKIQXYUOSZXRLHNMGGSTWWZ__]UMMR[QFMWW[aaTUXRSTWWRJMYa\Ybgc`_YSTOW[MJIHW[YTQHFVZXTQVWTWTPY]ZVQJG>GQSUVLISQQSSTJMQZa^TV`][XSPHDITNNQSMGNLJMY_WN[_YPIKWVX_aWSNPW^[NIMDJOV\WUPPSWVQOJMWYNMUMCUWNNQNMWZ[XVRMS\^ZTUUUMERYOLTSPB>LOMPNHQQMRWRPOY]\VMJPPRW[ZMP\^WRX\^]]^[TVNMWZUPDISZ[[XTWQMOPLGHNPNNJBIS[^ag`WLRXW]^ZSYWTNK@CNSJFELMEDKIT_WKMIHNSVVUTQNJOHV__ei`SNOUTRUQRSSMNSPNNEIJIHJLRSRY[SNOPOMLF>NPUWSRMAOVSLNIGTQTWQQQQTSZ\X\cb\WTPPTTPW]\WT\\YVVQMJU\URMFBV^ZOQVUK@GVVHFTVH;LUUPSY_WNZZUNUURNHROcpqhVMJHNUWTRNKKKNQVVRNGMNPNHTXWUNPQQNROJGUULR[YNQOV][KBNSRXZ_b\\XONOVXYZVMUXH;?CFMTeliZQKQX\ZREIRGIIRUUUXJQ[XNPZZZZZUNYb^WRLTVRNNUVLJVQJQUVTPGJQQU]dge\[TNSUKALKOVQLOX][SZZUX\`cbUSRQYSPWNC_g_ROPJPXRDKV\abXOO\\RT[_eh]IPX[ZYYYXTRT^fe[USSQKTVSWTLIA?LPNSTWWWZ]^ZX[[[TNUYSLGPYWNFBO^^RJU^YKNQX\[ZZUU[XIP`cgbSSWRWX]b^XU[VJIOXba]PR_XNSX_c_\_VQVW`ea^^[XSRWXZ`b_VQACOUHBNY\_ad_YVXUUTPUWW\VLJRT]aYCNUQLSZ\YRQH?:FVX[^YVTRZ[NWe_TV]jfXQ\]^]RLTKNWW^[MPRWZWTSTWPLHFNUTOMOQUUWTWTLNVXRS^`VU[[SMLOONJ@QZUXTKPQSZTGPSPTXWWZYSSUTVVVRQRRQSONSXYOPX\XNFTYSSSY]`Z_dbVHIUS:F]]KP`\WSQKKTUZXNHOUSYYYTSU\[PCQSMJT]]QNSVUVVSTYRKFDFHGBHHMONPRUX[\[PLPRYZWQKU]QEONTSF7?KRNPVWVaaTPOOPQTSTMOLEIJU^]fmfZTQXabZLKR^YLRPPVSNMKELUXQKJQSRPIFGHH@DJHRSPTTQOWWIOSXSNKCISU\^QLT\ed_Y^[ZSMTSQVRKNZXTY\YWURKEGJHNY[^]ZRRRUYZXRRWXMGORV[XRPLTXPLRTZUKM\imiaVTSJKPM=GMLRSTRNT^UOVVRLIJIJJNUTUPIQSHEJMKRTRMOOWXKHJFPR]jhYINMEN\[NU[M@GBBF@>EJLGPSOJGEJVZ^\]`ZXUQONUUM_ffjfZRICFV]XWNQWY[YRJHHX`[UWZ^[S][Z^]WUTNSb_`fll`XXSWV\gi_WQEP\ZZ[[LILNLQTQORWXVTJ]kf\YZXR]aZNMJ99=LSSTPV_XJ=GU[\YTMMQSYdcVSWPMUTIOHALOHACISOPUOPX`^[\_]TTTRQOQO^_QU]\\YSTSOHWXMETSUPV\^c_WZaXOVTTYOIRY\\\YQXZO@NPSXNISQBJWXVRUSRQVWTR[aaXTY]XTXRDAISRENVKBNWVOKOW[ZPJA?PSIET_ad\X\Wjg^UGW\W\]SQVYXVUTadd^SV[\][XRZ[[^\\`[V\XSVYWX_bXKMLICAPZWU^c]WSUUWKEOVW]_SHJLR[ZROSOCNVX`aYOD>CTY^_OM\\XUNPPHT^^ac[V_ea^]\[YIKS]_SLTZbgdYX^d_[\^a^ZWYRRQQRXXV[]^_WUYSRZ\XLDFJJ4BLLTWRSX\SPIMPRFNQYYNR_[X[^YWXWOJHKQSORZ\RSY[UVZUVQBDLMUYX[[TQZWD?HSWTVWRQY\]^]_VUVNKONRWSKQYVYZ[VRQQSVRJMR\\TSZZUTNRWVZPQXQNLDTXWUW[[UU\[YVMUbhbZZ`[FLTPIDPTRQRX]VXejcZVRLMMOWUOKPUUQKJPMKQVZ[YWSP[^XW[Z^ccUCDJICRefZQRQUZ[ZXUUZYTSYZPKOWYOCPWRIS_^_`ed[SWZTQTWVOMSMNPJCBOQV[\YZSYbd_SOUXRPUVU[_[LLSTODFMOPMMUUKPXUUZ\WVRPPNUWHIOKH]kmcYUU[^]V==V\OJTSDFHHMMGLQPMOBOXYUE=IOLGKYURWVY]ZSWVNFDMLKC?MNQTXOJNGPYXLTPKLRWTMFGJKPXWONW`_UIIEHKKJUVRNPYSMVZZ]XTRQQEENMNNUW\a\PKOPLLSbofWP^\\WS]cYKF>R\[SRQPNJLPUSKILPPVZZUIFJSRSSOFDGMVWVSMLPIJQU_e]TC@HGKEKRSTNAJCHL?CHIFIOPPNKJNV^^TO\[PEDGCT]_^dje]HH?FY`b[UVYWSW\`XVRTUOSST[a^Z\[[YQMT^\]^WMU[]^^VUZ]ZZ^YTYY\agdYVNLSZ]XTVOPYWZQWlng`VT^]TRVOFCFGSWUX[XZ[WT[\`e`HEOTTVbbXS\\PPSU]^SPROVYPSRIJUUNW\\\_^TNUSSV]YPOPRYWSMLZb_UWOFT_WU^`[YXUT[]UFKOEPTINORRY[Y^c\KIGEPIATZZOAJRVVVPRSNT[_[\YWXSOQQRGGRYYLBA>IR_aZRUQNXVNTVMUWNVYSQW[XWlmcNR_dfh`LISVQKS`effb]aeopdRT\][\TRRQ\d^\a_QJ]^TUYWW]SSZXS_d]WXYTOJW]^\ZVTPOPQTTTXWRRWVU\`^WJOXVPQTPIKPLGPUYX[eh```bbgib^SKUNKQX_a]RQYb`VQWab`^YXX_a_^\ZTYYSGKTZb]VPF?HNKPUVOIBIWZ[YUVW[UYSSOJHS\]]\W[ce^XVX^\XVJKSOLMJICMWWMO[Z\_[QHCMPGJKJMLVVQRRTQLKNORVWUQ^^[[WLGKKQRGJVVPORV[ZUT\TPVU\b\T_aWTW]][Y\[\[XSROWYTZ]\TL_d^VTXY`_\]^]TO[[XX[\[TV^\_hedf_UWZRGLRE9BMTUWUSPNQ[XTW\WPKQZ[XOIFQY[WVYOIOWXQS]]ZLDJQV[`he]YVI?NZ_ZVY\YQOUVUVYUQCKWXZVKPWQTUJCNRQMLQUZ]``\SVZQMMU_]OMXc[RMGKHCGMNQWVRQPKW[QGRXWVUT[]dbWLIJN_hcWQNOZWTSB;WaXU\[NKH8BLQTNNMPJFTXRLJPSNEOPQSXXSRYXTVUSOPMLK>JPQXUHOK;ANKHMKLKPPH>IKPPNQZ[VNS\VLFGFMUW_^RJJRYNNUKDFMRSUV`]TSWVWahh[JOTRNResq_H]aXS\^[XXQFEO[WOTPFIADU^VCMVTRUYSKWSPSWQQQPBAR\[UUUXTHF]bZQPKHGBEHUYQSUW]YPSRL=JYWJMRUVZWRTURMW]ZTHGHT`e`VTSRTTNV\`XNNNUSQW[a\UPPPLFPRS^\W^de\OIP\^VNRQX]]XYZZbb\Z[W\dhidgg[YVRWVXYX\UNS[XOT`daZY`c[SLRXZTTYZ\UHW_[SX^^TQVTRZ`[WY\YPJSWPSWYZaa_QMTWRSY^ce\VSLJVZXPOJQSSTSWOCAMSNCKTY]]]WRVVMHU\Y[ZZYUUZVIMNRZ\PPSQNNHTWUTQOGHJMPTZ_SEPX]_VGIKVUTTSZTVYUSKKKGHQVRRNIIGWb^RJLRPHDOTOOXTWTZZUUWRNe]FS`^Y[ZIR[]_^U_ef_affefg`[[cc\O=PWZ]ZWXY\YXVRPLJS^e\Wa^T\WNNW]SXee]TUZTSTSWZ\VW__XSSRSUU\]ONSTVTLPOGKKPVXVY[bgic]`_ceaVMGFIPV[_`^UKQ]]ZVURSUUNKSca[bfaVTRMKJCJUWTNOU\XXTRTQPTXVZVOV^XZXXVTRUTWZNHR[`ddXOQYb]QWWRPGDGKKN]^RNVUUSYYKABEE?FMRPEBOOMOLKTSNMPSOFRTV]\WNMQHEQ[^\WTONR\WPX_SPXVRWWN@NTPPSMOLPX]^YVSHQZYRPPTNV^TOYYKP^__XTJ=HPUY]\XU[]VPVQLWSMSZUQPNIMXVPUYPOPQWZUQSPTV\[SLD:FMT\]TQWN@S`\WV]WVVSSWUZafgdZNORY``YU]aZRUYYRJDGOLKS]^ZSRYWYTJN[ZNDIKRSOJV]]WNPVPR]_XO[rubA?BARSQMOXZYPJFUYMGNQU[YSWbfZPQLPWXYWSSTLIKF?CDNUXX]\MIMI@HP[\SLTSIELIMONOMOXTCKVWWWTPNMSRP[_YNLJ>EINPWTE5HORXYSQLJNQSSLF@9=GSUMT^YLMOTYXTVVX[VZZYVOORLRTSZihX?ILO\a`WMGPXXR[heWNONMQPWUNIRSIPUO;BXUMGBNZVGIPOPPTSPWWPRTQNJQNI@NXYRLQSNHWgfWINOE?JONIDJLLPRFDGIHQZYIR\YS_]URQWUSXZTMRX]dc\VQSSMDMZ[ZWXYSJKJ\iiWGSQUWPOTY\XXcaYOORV\_YQOQSUKHPPJOTUUOScjf[OQZ[ZZUPRZWKMX]ZUTSUZX[\WQRWNIU]a\ROQ\\VY]XPR[]XNIENU[]Z]ZSTQR[VRVUPUX_\URWVLBFU\[\TNPYVK?PSYYRTRRVNLPPRSOMRVZb`XNKEAJW]ae_YWTTVVUNCFUTXV\TVXQPTVVF=JUUJIQ][L=MVVORUWXOESYYLNXZZQ;KS[]]^_VGRT[\YXSOZYPNRDIMNSYWPWUHZUN`ZRX[[[USVX\]]cd`Yaeb^\RU^WTW\b`\Y]YNNOPSXYZTSZXOA@HSRO\`XTPQW\_U_ifYV[^YQRSTSSORY\[]\\Z[[ZYVW_c]ZWRQVWTXVQTWdg`WVUY^Z_d`WTV]_XSU[VJJNTQOSQOV^]TOWd`OQ\[UMHGDSURRYW[VTZ]eaWZZO^bZVTQPQPQSWWJOTY]_TFLRQMLGKMR[\VYUSORLAL[[[YO:J^d]VPC>EHPNQOSRKU[XTKDNRQPQWZRAGCMZ`\QONKMUY^^XPS[_WUURTTRKHFSWWVWYQLMIKJNQX^``UDFKLKMYa^`c^VUXSPVXTKNNWXSRRRWYSR[^TJLRVLKWa`YNUYMKTPOUPMMLOTWS[ac\VYRGGQOUTUWUQVQLDMQKT\YVY\\aee^YY\^`^YWYXUMGQUZVR[`VGDBGJKQT[VPahg^VRSUZYVPLRNCMXXYVX`ZWQPCR[`cZLOKM[``^XVXUTM>OVQXZWWSHCM`iYJYVGLPRQKOQKDPYWMHQ[[YTQKMNRMCPad[LOVUSQKNK;ENS[[QUXYVXZQRVPQRYbaSMTQR]XKSULAFN[_[QPTRXWJMTWYSNU[U@KPEDWee]WLNV[^\VVOVa_ZSMST\fg`ZSJLKNMQNDSURNZcaSHJOV[XOG@6@FU``TFFSZWRAEUWRKPNNRSVZYYWOMLJLKKGGACPZPAGU]_a`]UIDKKQZZWQH<AHTWXRNUZVRGHUQLOSYPGUY_b\\VLLQWZ][SUWXWXWb`OPPFc][STdd^Z[aad[QVXPU^`YXTKWb^UT[bb_ZWWSQQNYZSPOPRJHR[YOR[]WZWLQTZ]bc_XVTQMQX\WSTRJHY`c`_[WUW\[WV[\SHERYQQWXXWW^_]RU_fg`ZcbUS]\XUY]__RMGQSTXZWSZZVQXYWRNUZVNIOLJPLQZ\ZRHHHX`[VVPSZY\ZMJRY[a\ROUTX_b^STUVPMQVOQICOWSFEQRNY`]PNVUTWZXVOFHMILT[YQJJX\[_UJKPVWSW^\TNLQ[^XSYYNFRTQ\^_`c^TNXXLMSMRLELWWWSS_fdYWUWUUY\SKPY^aXakg`_ZSHDGHHLOMMW]\VYZWZ]YWZSRUWWXWPRY^XX]_YRSRPVXJKPIFK>BOYYSQLJOVROJ7FRKMRTKFJDIZ[SHNWalncWW[`bXLQYWTUMRYVJEPYUVab[VSZZURY^cc_b[STZ^YE?H=>HQTURVQMHFVWRY\ZZQNWRHTae\VWY_]TLSQU\ZYSGFS]\URZWI=DGH>IOEGWabSAFWXVUPSXUUPDANVTLBIRRTPPNJKT\TOQOOUSOPPLRZXVUSOUUSRNX\N?JG@CAVXOQSMLQRNMKOSOS\YMFSSGR]dbTLMMORSSC>EGX]YTILR_ig\XRPK=?IN@3W]RUZVXZ[TKOQRWWRQNRX\\YSZ[YWURDMUWREAHMQS]aZNDGJEHKIHPJKNRSQGMWSTT\^P:QSFW_\XXOFQTRU\XXYWRVVTVUNBRU\ZMIZ_cccc`YTNEQTKSUZ^e`]bd]TR]ili[XYWc^^Z^f_TSOUY]UALMPYVKOQVNMJBLVUVMLWb_XMRZ__M?ILRWXQHMPQPSQMQN_f^]da[_YSSSU_cZLWXPTXO;?NLLLLGGMV\PALNRLLQPJNVZ^ZQPMHIMSRINYXOPU[`VHVYUQOKT`dXLTWTIEKKDIIIOUV\YZ__^\ZVPONRPZaYP`cUOVTSUXTMT[]XT[a`_`]QTZUMLQTQLNWWRTSJCLPHMFCDKCIWUPKPX[^\WQKLNGPXUMU_XXac[UPEIf\^igkmdWVTQ^deb`SNRTLPXUW`ZIWVUYYX^ie[[ae\JGLY]XSMTXOKNOU_XY[ST\dheZW[]JU_[PLMFBQPHNKLFFKHO[^\NNZQEKQJKTVX]^ZNCOL?>INCCV]WOWWY[RS]UQTIDR_aUPH9,@ORXSIHDKLPV[`a[\][RPV\[VRMCJQMM\\OLUSPUXQJPRVZV]c[GJIQVXTTSTQGHXWTVNJFSOOSVKHNKOOMLFKSYRLJRXVXWSS`ZZ^]DLWOLXQQ]WTacXVSHN[acf]PORKO_]Z[ZW]`VKVYNQWZ^\KMU[VONVVMTWV\cgg^OPW\VVURSVTPNR[aWKNTX\[\MHOSSV]^^TSZb]QR_YPMRUKLNSUZZ`ce^S^ibXZ`bW__V[\RS^SP^[NZe```\e]SZYW\YU]`[Y`[UPLS^ca^_XU\YOMRTSNNP^`ZRTT]fh^VSPROK@EQTOCFY\UJW]WKJLNMQTSNKNQRTKCHJKOTVRTKNRWUVXZXSSPKNZVPTXSMDEINRSWWZ[QISV\\YTJRX[ZUMFNVWVZWNEQWSPVZGOPTSPR_dijb]]XKMNH@CMJDOURX]WIO[cbc`UJHMNZ\YX]XOORU\[USPLTbdXV]b_[WPEIRQT[\`a]RCIRQHM[YUXZPEHV[YYQEGPPJFLPNQQNS]YJINOVYSORTTWOCAIVVSUKGGU_b_[UOV_ff\RRQSWZWLENSO?MZRHTWREJKT[ZY\^ZPPQLFEKCMZa_WQTI;CGJSWXUUXY]\RPOI>AJFFQKCGKGLHDP\^]\WHLMEOLB;GOPONPMO^_WXVLLMPQHGKD>RYXYSH@:MVWWRPPJJY[SHMQVXVQTRPOTNITSSXVTOFDOF?MUUSCFSOGIRPLPX_b]URMU_cYLSVL?ENJN]_WWUKOOJQTKNQNLOUVNLX\ae`[WURQUTQOVUPWYROW\OHOUTQSTZ]]^ZY_]XXYWQTVJETVVZVRSRSSQX_`\^\[Z_ZQHPUJQ[[QUSH^dSCDGFHRXQQURJNWZTW^c\\o~gRQU\UY`^[XPZa\ROPHCIMJQX[TUWY[]SEO[_eb^bgfdYW\ZQUY]ZTMLRPPRS^agf`WSLINW]TPae[WWYVRU[`[RMOSLPXYRTZXSHI_aZRMPWWTNNPPMKURDJRVOEKQOPZYUVYZVOKPKMQVTQYVHLNKY`]RZ]YNOPMRYUPT]ZWRWSURKIRPGBY`UIPPHTYSHLNLMXfd_VUTSGAHKPS\YOZYVPMLNYVTRX[WOMPQRUTV]Y]YS`]KWd]T]VNQJOXWRZ\TZ]MT^abfcZJSajmnoiZQV^XWVW]be`XTSV[USZ\XXXSNQUTNKFFP_\[gh_RPOSZUONRUYSSRU[^XUVW[db[VWQV\RANYYWPRQPRMKNQT_\RWZW^gh[VS^XX`_\alh^[\VSKQ\b^SXbZTXOZ\NU[_fcXYQFS_`VAJVX]a]>4MY_[TWXTYZRVYTSVTRNU[^ipgSVWLIHI?JUNP]^bgaSJS\\US^XMJ[]V_dbZRR[]XZRNRU\`bZQRWZ\UFJPWYUZ`Z`aWSONLPRU[ZX]_XNOZabXJSURKHNOY[USZZXWSTZ[ZSKTYYT[TADU_ZRUSOVUOOQ[]WR]bZPSYWWWMOLKHMWRIEDEJQM=HOY`_WXYRKJLQZWSH@OZ[OJNJ@DNG?CEKQVZ__XMMKCAIFEMRSNKKUVPLV^__\RIJGCFFGIOOJMUNDNX`caXQKQUXVPF:QZUTQWWNEW\YRGHJNROOSWZYX]WQVXPMVTLKRTSJHITYRPUSRJSVWVWRGEPSKO^^SRSLPWWTUSSOGEHU]c_aaWWVMIMLOTOPYa_YOOLKTJGW[]WMW[TMOTVbdWPRJMURW\ZW^cef`hllljaWMNTECNNTZYSROV\YOQYWOT[bcXTWU[XYa^HEPJPWPI?NWPORKHV^]YSPHRY]]\ftxm[NSNHNQYYY[WYYOOURKKKP\^ZU[^VROKVZXahaZUNENROVWSTXZUOFOSLHRUX[^b`RW]\RIRRN\a]WTTROQ[^XPVWTIJKVXUUP@?K[_YMEQ[YSSQIKMHNPKQ^]PHRURTQJLPLJNRPICGQTMEXWISbaYSWUV[[TQRHN\\`]X[^YRT\_]QSXYXYYREORSWNMMQPKOV[RNSUTOACKL\^YSTY_c[NGHNNVONMGMQZWP\\PPGMX_dd^SZ`_\XMJMVVHN\e\_gece`ZZ`_S_osmhgb\baXY[WTZ_ZUTTW\\Z^ba[VNSUTW[SPPQRSF>RZYWTMGHMGHOIKS[\SRb_VXYZacVR^_ZSRSR^c^QSTRSKBBPY\]WSY\ZWY[]U[efik`[ajhc^W[`_c\NTVY__`UNZSSVXVMHOJHPSVUSRQJLV[XUOMV^`c`ZYVXXTPJNMSYWUWYSSQORXWNFIYZXZTFKNOLBIUQJBIPOKJU[[P>=JQSPKUV^adjc\ada\QB;LRQUN>Q[ZSPVWJAAHLLSQLPUW]^YX\]PEEQ]]UWacR>EMIO\^QX]\WQFIUYYUX[WX\SRPWUKPVLJHCJHPVWPEPQQOPLNMGQZWTYWVQRSXZYZPLLHD@KLIEET^`YBLVWQRPOSZWMPNKJRLHKag^QXZXUGGLQRWXYRLORTSSSUY\[VP:GTFAQOOVSPTHMTYZVTZYKCKOKMNHKUXNBBMOOJPRMDTdplbZTOLPDJSPGMQPV__WE;FKKPPMQSRLKGS^WO[nsfPJ:HWTLMT_dc__ZX\_ekh^WSLIHNQYa_OGONLVZ]XPGDLRVO@OZVZ\ZUPLEHNSQVXTSNHPX`\`cc_XI?BIT_eig_ZTSH9HPRQGO\[WWZ[TOX^]ZXRKTV[``WVY_flmleXRSYTJ?HSa^WOJOMTSGGOQSYZXYY[TBBNUZULJMZYPPVSOFPVZXURWYQPZVLOMV[YUVYZXVHGSTEAHRY_^RMLGISQSVWL==CIPGANVRYa]VY`edYUUYYWU]^S[c_\\WNQMHY]WXQX^]SVVO>BJTSNONJILTRSNNPQSRORST[^XLOX]a]UVRNS[[VQX[WZ\USNJORIJ\b]ZTMRUOY`YQUQDS[^TXec^]YUYZSNN`f^PX^XV^ZTTY`a[VNS[_a_T[`^WRV^bbaaZQSNHY_]ij\NQQSODBMRSVZ^_YW_`^]YZ_[RQUZWMT`_XXWPVXNKJMNW\YVYV\a^VTTVXZaehniigb\WTRR[ac^_[_\`dg_MUdcVLOKPQKKORVUULHQPMQTHLSRROX\[^TMUSSUSLNZcc^_\OIRTSSTMOW_\OBBRXTGFHGRWVUQGP[\TOKPJCEGGEAQ\XTYVTV][ZXWOAMXXSRMJKSQKNLDIJKPV\WTVQUWYXUQDIIHV_XJXb]U[[TV]]ZXZaa^UFHOW^V_]TQNJS^ZMVXRKVSJNOPWWHKX`a_XVYUSOR[[VVPPX^\V^e\LSQMLPPVZ]YTY^WT_aVLY]UYXUWQVOISWXRKQTYYUQQTRXVKKTH7HNECDAGHP]ZHJRZ_XMWUW\UKC@UlsoWBHJHLDIT]_RKRWSRYMHCDMSZ_a[TMGOVTSMVWQSSPV`a[X^]SSTPMOPLK?BU[QXV[_[KMWYVYUVa^OO\ed^[^\OSPP[_aaWU[WLNWY[^]YZUEN`]WNNUWVULQ_c_WNRTV\`bc]OOTMLQNX[QT[REGRXTJT___ZTTMJNPT[VRYXQOXWWRJWXQNQFIF=BMFXr{t\IOQUYQC>JLCBP[]TPRQRSIJVVWX[XSRUYZWSQPFFNPQMPTQFQUTMFB9CMMHIICKVULQab[MFDOYTLIKHFKNR\]THMOPSTQNHMONWWQU`gg]SPSRGE::DGBGOM4EC=CMVTCDOVQOFFPOSXUW_ab[NJGGILACORVVVWOMXWQKIHJHJQXYSUWYZT]aYSUORYSMLPMAI]d`RHKUVRUXM@@HIPUTU[XVOG8JYXRRQKLA5IGCBFIOZ^WIJILUULUZTOSVVY[]XVXROKGEIFLJEJJNQQJT\^WXTRKDKMMKIBENLIQUSTV\XU]YYYZRC6ANNRWWUNPRNHMLLORS]`\WVOQ^bZX[UQIMTNLQOKV__OZkqj[NE@HDNVQIHJHLNMV\VPRNPZZ__]WRQP\a\Z\`WMPVREJMNWejeOJQQMMQTV^^XXRMOWWTVZVRIFESccZRQV^]]ffZPQQWYUKNRUVX[\a^QLWWMNMNUQKN[\S?GIDQ\cZNR[^]TJ;DOKOYXODEOLKQKHNLQVIP`bYNX\YUD=GORY^YRTYXMU_\]_^YXYXXYZWURJPOOW^ZVTMPSUSSQR\\W[YYa`VRUYVQTHIPWOQ\^^ZQJQUOMY`[LRX``VCMZ[UXYQHLHMMM[c^QKJOSUUNHEPUQRY[ZOGFQUYXWXPGHNX[XVVMUWUPLSVOEHTZXPOQPSXVOECCCB;EUV[]\gbZIP[ZNBFJPSOLORJISQILJQSMORMWZVPILKIPSHJUUQNMMCMYZXKAPUPGHW[YYXZ]XSNIQUOOUVTPNNI>Sa\KFNOMPW]XMDEEMM@GOD84'KQZWRUUZ^[MOX[^WQTVSSVTIJFEDOOM\`[YOIMX_VY^]WTRVXZ`]YVX^XZ_ZTPR[]aaabfXYaa^__^^\V\dbZQR]bY_khXU[UTZWOJNFDPQ[^WTTRODAHV_^VX\SPOOSVY[TLV[YXUSXREP\Y\^XNNVXZWRW^`]WUGLV\TUZYSGHKA4KZ_[UKJIUYONPUbf`]_cWPU`geYWXWW[\UU]a^YTJP]aXMIGRYZTTRWVUUYRRVPU\]\WLR]bZQIIKEGKIHHLWVVYVZ^SUWOKGQQW^UMNMIKQL>GU\[QMQNTZ^]ZWQNKPSURQQTUUQLIMMRWYSJGVXNGQXTNSSLEDHNUZSHLRQK;JIC=BOSPXWHLZ_]TVWWZ`ZSX[SRV[YUTPTZTFISYUSXXWVQIFM[_[QJOTTQPRNLHCHPTTUX\USPJOUSIY`ZVVTSV[XTY]VPRUNNROHIKTWVOFFIEDIIAGITWUUKGMSUTWWUMBCNV_^SEPTXWVXTYWSY_[OUTNPQFIGRTENKKORXW\[V^^XYTMNQM=BRQKNPTYSJHLPN[ZWXXUQQQHJIHGNNIUWMMKEPNSVTOKRYXVUOCMZ\ZWY]_[POH@FQRTSLNPEHJLC9IVOPXTMMHFJJH>HM>CMKHOKJOSTJJLPQOQUSNMMNRRUSTYSMNSTVYVTRJKTPNWVSYVOPXSSY``\Z`ZQRMISTMOYXQRSWYPPWPPVZSXWMDOPT\d`VUXXNDIKV\UQPT\a\PB.>LOYXPPW\fd`_c`YKOVYPRb^RSdbUXZUU]]Y]^^[UQPGEES\YVQYYPPVRT``USYTPOW\_aYS[UUSdlnb[XUXZ[caWNHNXZUUVRMLMNPTdlieZQUXWUT^gfa_YY^]VMOX^]OACPILUUUQOSZXXYY^`^[ONUZgmkdWLSRTY\QGFILNRUQ@BLTSQST]fdXXPQSRXUNNMDMPQF=NRHMMJMRXUGIQRORQVYUQCFTXROSTV]a`acfaVMBO[ZTNNSWRUPNQWRH=KQRUYWYVOHCLW\YVUSKFHNXRLYYPLUVRW[]\\\WPSQOQPIEBCTYVSUOPR[_VOQQPYa^SBAOMCFQX[_XPMNRYSQPJMNAGNG?JKWSLKOPTSSSKHOQWPRYXXUU^^WY_dgiklf[MR]c_WU[[WLDSUOPWSVUW^]\UX]b^[YKR_YV_c[SWTT]baYNHPUUYeeed\ST[[MQ\``XPJKQTSVQPUYVPOZaZSUZ^YOVTajaW^a\KKOQXYXLPVW\irl[SSQUUOJOUXZTK>EWUUXSJU^[WTX[WVVUTQR[YSUTUVTRXQNKV]^YMB@IDIVZX[ZXUQPLBBMSTX`^OO[\YRLN]`[POOTSUPOPZ\RSPQUIGRZ`^ZTWSW]XNQ[]\WNSZY^^VQSWWONU\YZ_Y[cd`aZTLJQZbaYY[[VU]\XYWVSQOMMVXSQXa\XZef_WVL;9NUSV]`bVJ]`^[\_d`_\]ZaigbWV`]NZYGXdgc]OFNUUUWTOU\\^VNXWG=Q]VKQTRZ_aa[PVXSV`eYRLMRWXUPNOWUSLPZ`ZXSQWUQSZaaUN^_URRVWPWaaWMPRQBHWSJFPWZSRWSGEENVXQVVZeeWRUQNZ]`YVZ\`hliaWZYY`_VLBDJKJSUQXV[abZTPIIGJT\\VQLHKS\]_ZOOOWZUMJN[]XQLGIZ``[VPKS`ieZ[WLEB>M]dcZE?U^\ZUFCOTPOVXIBMNMHK[YTU\[KIU\ZLQTJIMLPVYXWRHU^YXURLSchb[QMW_][M@OXXP>RYWMIRWUW_b^VI?@NVSQSVV]YJJLNRUXTRLBQYXTSOGLPOSTVXZ[^\NKJTZ\^ZQGQUXYPHRWYZUOKMRPPQKILOSOLLLRUXQHRZWQKQZ\V[^aaaSGONKJQVRRRQNQYUSRYY^aWTW[[TPQZ[SNSUSOFKOIUS@IVXUIENTRNNRX__TJISYVQ]b^TD6GOQPLLKGJNQOKCNSUSKALQUUNASb^OHIX^XWYN]hg`SETba[VSRVPKJMNLAGKB>KY^VFAPVSE@QTZXOGKONMQMDJLTSKMbg\OFSZWPUTJMPIGPURLJIKKMQQWXMLVQJLGFNBEX][VSTXTFJY[SAKW\VJGLQONLNWcdcc_ZTJOZOFPWPGB?MTOX^SHORCLUWLNUWUSTURVQOKGQPJMSQWVRLTXPPL=JZVIJP?COX^]^]`WE?EJVZRFANUYRP[fkd[Y][VX^_\YMHLRPZ_XPQOILRSWZY[V\ZONX]^VKT\_\bde\UY`]bbYTTSNSW\deS3IV^hlcOJZ^^\UQWY^dd]QEANYZTYYTNT[edbd`ZU^[]_ZVLJLPPMUVX^]YZXQSV\YILUUPNIECCFKNLSTMMPKFCETWQHAHNWWUUTXVVZXSQNB7PTRMDPPNOYYPMHOTLNUOLTKPRQT^ZVSUWYU[SIUUOSSXQOTTUZWVS]_]TSVNW`cd]UWQS\ZVX\RLD[db\YZ^adYRV[_]WRYWPHNW\QGIRSNESTJIU^_^VPNSSJJS^\TURTWQTUOQORV^ZQXYZ`_RX_ZZ[`_[UVW^a`\X[]]PO^aYRTXdoiSVZRMNTUVVam{x_HP_f`QQ^``^QJ\caXP]`GFWUMS^fc[XdcRUX`^]`XPJASege^WJMPMMQ\]VPRQMT\YJMWTTSPRUXWVY_]SPV`d`\WFJ[_`^ZQKR\ZS_d^Z[UZV6MURUVVSR_]XTLHOX`_X[[WU\`\WZ\\\]\__VZ]UPKDGGQTMAKNRSTQOWOPWVLGDJQOPLSKMQRW_aZPMHNUWQIPNNRSRLNNSQR\WLU]_[PXYV]c^QNSVTNBHRUTNUU\cZRVWN?@FPXXWNPY]Y^dehe\QQLDAL_`[_bUSOPW\VPNQMQTXZYTLKSVYUNPTNCIRQUSMHNQTWWMMUV\]YMQ\][[NLRLENRQUZWWZVRMHIRZULDJRWVSPTSYVMCNRQV[VLGMJDQVWVSNT[WGDKKIWZYORZTQNJDDKJN]bZH=??MSUQHHPRNK=PY\\WDFNQ[]RLQKPZ[X]^[RJGKQSJFEPRQTLLQUP59IIPRTUVSVROUPPPORVVWRGGLOPMIQQLMNLHMMRQJEELROPTJQQD@JPXUSUMLSLKZ_QSVKJLJHSPAGSX[agdUHNLMUVOGOVVXUIKOWQLRMQSUTMIRUSMOUVPMGP^VDKVWOHDHKF?HKDC^ieVLNSSOQ[[\ZSNLNQPNJ?MVUSRQOTSRURIHFNSW]VUZSJHR\YNVWPSVWWX[XTMGBDNOIKQSKNPFLUSLHQZ]YMGGJQWVRPPRVUY_edbZ]^USTY\`aWNHHWQVWWURNLEL\`XYYUQONKPQOVbd`[]ed]^]djf[OBU]UKVSJGJTOJM[msm_^YTOVVW^b`RORX[WSWbcbZMMPWdid\\aZURTQRS^d[Y`]HJVUTXNPXSV^]W_b`XZTIEHEDJTZZ\VPQTRRGRXRMMW]]Z][WZ[XUW^YHQVV\[SXWW_]VJRONQIKVWNIVRSXXVTZOJTZ]VVRW``\ZTOOOMNOLEYba^_]a[WWPLP\^[YR\bbVLMVcbWOIUWTWTHSYZY]]VKTSNONSZTJWegaTER_aa`]XUX\aZRXWVUXXZO[XTV_^QNM[YUac_^ef^ZZVWYY_[TY\affaPIJQRUTJOWWY__VX_ZKTSQ[]acWQ^inhXUdaTFMS[]XRSZ_WFIHR]ZSOTWXRMZ[VUVPW[VIPIN[\USUVTTQNOY\UNLPUUHMSNEISWPMKINQRURNRTUKCFJRXUPV[XSTWTLMPSVJ=DQWRLNGKPMEHZ^VJBJQMJKFJWXOI;HWS?FQNSWTHGRVV[`TLLICBT]WIIJHMNMNRRKGNSSRTVRLFHRVOQTQMJMXQKNSQE>DQUNFJHLL`ljVQPMUVVVUZSLTWTRPFEILOORVRFIJQUSJIDOUTV\^XLJKPUYXTSORQVZWUUNJONFKQOLLLHSRGAU[\^XQOOLEKKNL@TZTJOXUU`^OK\aRLWab`]IFNHDIDHEET]WKLZ\VYacZSSNPQRMQY^`ddYSYchjf]NLY]RS[TSQRSUVX]lvs`Wb]^`XX]WNJIGNVV]cfikdRKGMZXFDV__WUWTKET]Z_ih^\[XOHBIGRTZVRV[ZTYZWLJHLTWQU\YX\cZKSRRMOOYabaZTSTVSUTQQSLLIVWHW\YTSOIIMHLKO[\TLKIQTTMNZXMV_`YX[^[YYPNTSJK\[QAPPOTOVXQSTUOOPXUMOXYUWSLLT]ccZX^\WTUSVUWXZWPRSSRNLUT\jpih_X[_^YRV]][\\TIRRQOXX[^[\ZPNafXLSWRO^fca^bbW]\cjdddeaXRMLUa]Y_c`_]UTX[^b\QKKDVYUP]eeRRYlvsbW[RFIQSNKSPMRPSTPJMTXNQ\\WTX]c`WUUOGDHHPOF?QSMLMW]ZW`hfa`_WW[PIW]`^Q:JTYUMWaZX`\TW[]VRY]WTS\Y]YY\YKQ_`SSXTT^aWQUWX^ZSVZWW\dkiVHQUUUZ\]^^YTWPT]`]dcbXRRUTWY_e\VVRUTSLKSTMHPOJKJNUXTZ_SROPPXU@NTVXRMVYWZTKTWNPVLGIKTTPTRJKOSMQ`b\TRQVMPVWXVWXUSY[^ZQU]]TTZXW^ZY]`]ZUTSPPSURNYab^ULSZXVJHX]_`]UO\b]QLKMT^`WTTPJWZQMQUOFFIH>CJQXZVUQLMW[XREOXZZTOUMENV\__VJOTURQRY^UDEMODAHKSXXZSMZ]XPSZ\\ZRTSLLNLRVVRTRQKV]YVWUTVSVWTCEQSIEJRUQNQWVIKX[YTQRHEPRNNHHVWQPIFOH@MX[QEDDGQTQKUfhXILUMA9HPUTNJBFMLRQSRSVYXPOTVOSRV[PJKJJGECNVTNQY\TLOIPTRNGPWRKQMJORC@JTXXUPHCDJTXYW\ZUVYaifVUWQTSSQBJOKEJMOPPIKVXNEJOOSL?HZVNNNHIHR\`\PHQSUUSUTZVUTSVPMNONJGVWMINKMPIEUdd^TLVRTVWPQUQSU\^YSY`_VQWY\VW]^ZRTSUXSPMC:BANXQHJAFX[SHCKJEGOQTYWY[YXVX\TIOWVUQIBS_`^VVTVQQX]YNGFHU\ZZVGADHTVWXPKIFLRSLDOTQNOMMPPEFMQPPTK<@GLV^YOJPO>LVOLOOEMUXRAVhmdS8ARVX[]WJOZOGNU]a]VUQU\YKFNPPTQJQTUPJKOURSUQEKOUXZOLJNRNOQPJLPS]bdWMURPQWYSKSMJPN>EHNNPPIILOMFPOIILVUUZVUVP^_YVRJLJFIABPZ^UB;BHHFEAGNXXWQMKJJHMRMGELOJEGOKRWSPVVQRROOSVWW[]UKPQGMQONSbg`\RDLKOSONRPRZ]Z]\XX^ZW]]]WFCHOKQXWGIVZWKGPPMIILJOPNEFIOPY`a\WNOYUOQLGP`^UT`f[OKDCITTQT[ULT_dhdS@RXVU[YZWSQR]ggc_VOJTWRORLNRQSPDNXWNLTSJLWUMMNPNMQS^deXMCEENSX[ccab\VWWVKHHGKSRL=KTRLOKHBJSUVSKLVXQS\__[OJOVRX\Y]ZWOFGKSQPQUWTXRSOLSVPIPVTMUWa_OJTRNPRX[[VNV]ed^V`]JNRZZSMTXTMOW`_WG?S_db]XW^YONZbcTU[[LNQRTcdWNPOKV[SJFFRPIRXZVW[WRWOINSQY]\X[XXTRUSQMWUaibVXZ_`[[\[_``YMR[ZZSVacSS[_^XW]YTRTOSVPMY^XTX\]ZVYYWUY\ZTY^^WW\\SMHKS\]PMRWZ\^ZUMKSXSUWZ[VNVXSIV`ZUPSXJ5IRJL\fbWXUZZXQSWZ^][XNJGPTPKNKQWVXXURPPXYRKIO[aZUSTVWWT@ETRPQSTSOOSSSYSNWV@KWX\bhicX^a^X[\Z\]_^XROU]XSRSRRMMSZVTSKCNVY`\ORW[SRXURVM99IS[]WPSVSNXSU_YSMKPQMRTRHQTQKVTLOMFGEO\YQT`]XJUYS^d]ONW`bSUXW^`[^[]WUTT[[UJFGHOUPFJEBNURKCFNPQSIGGKRTNOYYV[^RGN]]]WSJAIMADKI>AMOKOUPPVWRNMORMFLPNNSUJBDQZ\UU]b\S[`ZPHS`aZLDFQQ]]PQZWWRHDGMYZZXXUUVVTMOYZTONSLDIU^WPMTXGJDFKOLKOKCPTEBNVXYSNIUWM?HTUPMKO\XUVQO[^baYPMJTVYZXQWWVPUad_YTNSWWXOSTOMMR[QKGCKS]ZSRTVQIWUKJRVUZ]VKRY]TV_]]ZTXVRQXXSJTTHPWRAMNRW[VTY[WORNDHUVUOHGNNPdd[RWUQTOC4CKINWWUMHSJAICCFMYWPJIHDFRSMMQKHLXea[^_[WTRRL?BS__XYZVE;HPTY\^`][[RKXOSPCR_ZZ\[Z`b^[YXZ]^ZTWZYTMIS_]ZUTRQUSHZbZQQSDKSYPISVPR[YUPUWUPMLSVUX]\SNOUVSMZ_URSRcnhZ^]WU[RMX[UQUXPLURY^ad[TU^ebWUTER_YMRSJS\[KI]`ZV^`YMSUSNOVZXVJLZ`[^]Z]YLJZ`ad^[RLKSUSSRTYUP[\NTa[W^`_\SVVSRZeiYCPUUVW[`d^USXYUSXRSZWLUXSZ\STOZaY\a\TOZXVXZXZVVMQWYRJRTPNEKSNOTVVYURSYbe[emkkmifd_[dhhbWPUWRFBDIQOHVXWXQJILMYY\\RP]]UWWSRT\WJKISSHKTTOPUPISSUPFPVXRNVSV[[SX]ZY_aWN[c\W[[USVYTTZXSKD?NZUNXb`]\X]_[RYZTW]^YY__[UOJCADSTOPJMUOSWL>@LSQRRTWZbaMDQ_dbWU]]UQUUVQQUWS\^\WTWXTSVVQRPDERTOKIMXdd]QQXa__f]IOGPUXXQPY[GHMV[_]VVSEKQVZZVKHNX^^RTXROTY^[VVKRRPINRJDENSTLOPHQVKENX[ULS[`^VQLELIMRPXUGKUQNIMXZRPWXVUXRALVPNSSVWUQEBFMRLGRWPRN@CPSMNVZVONXd`YXSCV]^X[WO=SfdWQTQOVYYYZSLJLPNKLQQDDLMGV\ZSKJNSVVMKOLLSPOWNKQTRUUVOPQIJPYTLQWXXYVJIRRKLIQKKRHAELSPDMTUVY^b^YXRPSLMRQORTY_`WOK?RTSW[_`[]^QKPVQDLRVVRVZYI?[YSVW[_\PMLHSYZRQZ[_`WX_aZPSZYR\jg`YWWYWOY[ROUSRTUSSVPJJ\b[O_eZKU_]TOR\bd`PMOY]YTJDLNOQSPNWTQYcfkh\TTJIU[WPC@NTPMTYZ[]^]`ZV\`]RKORV\VU[]XWZUWZ[Zb_PMSRWYPNUUNNGSZXPMRWZ^[THLVZNNTQJUUURTWMLT]W@EHOTUY_UUXX\ZV[WJNbaUNSV^YMMUTRZcd\SYWWYXYYQIQYXYYTTTOMVZRQU[`XWYYZ`]S[_VVXWSW^^ZXX[]SP\]TPVUVTSLR`^WRX^\\bgebTQa`[WPRahd[ORZb]Ybe^TWWVRNIS[^YQOFQXRJ9Rc`TQQPR\YYWRNRWULSUST[YSUV\[WNM\[VQBT`a]\]ZTSPV\XPRWWTWVYZ^ZWR\bgaQRWRQW[]WRZYUTVIERSQOFLQOV_^PMOVT[YTNU[ULQWNLPRXXJFE9=JQPKJSUUS`d]QKWdc]Sdmljg_]]W[digccgd\X\aXNPST]^XVWWPDAQPW\ZV[[RQUQURJMQUOOTORUQOOTVNELSSKS[WNMU^cb`ZKJTVU\XOVXXTWVMU\b[Y`\UPEFMOQaZUV^ZURQMU_efhf[OU`bTHQVQQY\XUTLDGPZYPMOKLLRX[YVY\TJQQW[VLNTYUUWQ=HWWPRSHKOMEQXUQ[^TRST\]QNPPWVLJNKQ[\ZMHOONOENTOTZPO\d_YTMPRIAMWVRWXRHHUVQUVLPTUSPQUVSOQQXTTNMVTJDMKKU[VOLV\[PMV^[WXZVWQSWPBGA?IPLHLVVUZ`^VRLC6LSLMOKNZTKLOOTWTNVa^TNC>HKNFPXSAFRRMSVURX[WRTK>FS\ZRC;QZWOQ^^UITTQOOR][QSWRPW][YOKTY[XQRUZPDPVJLV[XUVOGIMPTTMIQVQMV[[\UJSRFJVTIANKDKOOSHAMPTZ[R?DIKNSXTLILIGR_a_ZSOPHT[XSNJEOVTQIELRTZXWQORXRLOUOENLLR_bYP\jocUW]V[`cWPQYRELY^YL^^XYSGKQWWSKSSGIRZ\\ZYVX_b^\_`V^f_YOCKQSUQXWPNY]X^\SZ^\]lqonofUHKVZST_ea\_VB>[^[XSJVTNRT\cd_bilfbf_VZ[NPYZSKSZZTQU\b`VZZYWXaaXOAHQKQWWX\XJIIORTMRVWW[XU^`ZNSSOORYTDKW_b^VOLMZ`XQSVQRPQ\bbXT\_VNUZ\[]ZZNIEGPP;>POMUTJRUPVSJHHMR[\VJINTUVYWMIIWb`WNKKUQS__WUUZ[QWZZ]_f_RY]abYTYY[\X[XRPWVUZWZYX__Y[gbXQFO\abb]]YPS`hi^UZ]b_X]_ca\a\OM__TWVSSRPV[SW`d_RELRTNILQT[ZKDEDGPMTZSSTPRUYTTSSZ\]UMV]][QOTZWTOSWSPZUFOW^[[`]Y]XbloiUL``[XTVUZ_ZZ`]XTTQBKL?QfjbZJFHQPNV^YUSIGRPF?GJUVQKIDFNNKSYQQOISWTQVZWPOX]^WLW^[^^UVVSNS\ghfieUN[ac[V[XWUQTMHKOYdcUQQQPRXTQXVSTUZVSRLKPRRQRXUPOR[UPU\ab[RFELPOKQRJNNOLRPHR\^Q=VWQRQNY[Yad^VZ[VNRRRP[fhd[PQZ_Z\[UPW\[PDKQKEKVXXZ_WLKUXWVTNAKNNKLSVUTQVWSMLIUSLKFMLHJLMXZUYbZKGU_`_\YWXNG@@HGTdg^ROQMBEMOMJGFBFU`]ULPOFKQZ\ZZXVSPPXXSVWTTRTZUHNZa_UNPPQOIONFGMKLUUQUTSSRH;BJEFMSUWWVYN=FKHTRC:FJPT[YTJEIH?GNRLLPPVTTZYQNPX``UQQVSNECB>P\UHLPEGPONJNNKKPQNPQT[YPKLPPMMOMMHIKKLNPZ\^]]YV\][VMLQNLMGK\daWKPREM`]JFA6HNHRXVOCFLLTVXb^QXWJ>AGEBMOPWWSPIJOLTTOLMN@EPMQTVVVTOPRQUUNRWLKWVSSF=KMSUYTAKUUXY]^[XQDFR[XSOS]gjbLRoxrZOZZ\eeSQWVN?>RTOAXZ^]^[VUSWPMLMKNP[``aebZVX^ZS\cmpgXYY[WY][RKHPYX^gbUPMPWakjdaXNLJIJQ\ficWY[QIAIY_ZV`aVSPHLV[d`_ki]LSX]WRVTQWZWSMNVQRUUNX]\age_WJILDCPWW\\LBIKMOMOSWVPUVQRWVSTPONOMLIFHOQWXUT[][[SMYWMO\bc]Wakgd`VQUYY\ZZUOLNKGENVUQPMSY_WOBNVVWNJQUQGV_^\J?ENU[VQVWQJT`XNWZ[YPRVSTW\YZ__^`\\`_\ZWZTT]d\UZ\WNC\gaYZQN\[YZX[ZXP\_VK]gecaY]hj]MUZ^`\VSQZccPNUUU\^bbbef[VXROUZ\[^`\PCDHKHFJRQUUPUZQDOVTQPQX]baXTXVSMKLKW\YNRSGHHKZ[`c^[X[gnke\\gd]UZ`hd_]d]VTIMXVSH[fjg_TJGPQTW[UOVY_aXHSYRIUSIHNRPSW]]UNORQPOSWZXVMGDFPWWSKOSVWO@CRVYamsjYRU[ZNLX[[SLVRLRUV`c[PQSPEL[__a`]VPYZTKNWX\bXYWLPUTSNWX[XKOTSVSLLSROMOVYOETPTSE8HUXQLNUW[X_^]`Z^a[RPNOX]`[PDDNR_g\P`eVEPWZOHNJOPJONLPQOPNKFJT[TMLLMJNRRVUOLR]YMN9:QWSRT\_[TRWUK?TTKQVTRVTJGPQW[_\NOXSHIUSKKQSNFB@CGINRM=LX]V[XQTNHPY[[VTUVQTPR]^_d`QHZaW:CHGXb[IJVSMSXOJOSQPQWSPT[^ZQPQRYQS\UMQKJWZXNRY[\XNJMNU_`[WSJEIU`eihSCNTHKQTPITZRKSYOHKMWYZRHJQUVJIRWONPIIMLNKQWPDIPTRT[YQYa_SPZ]ZMJROE@>EMHMVTNRQOVSGHLEKOMSRPY]]SPKMU\VMVZVOF7?FKORXWUSKQRLELQLNVI@LQPOOSUSPGAL^\LLRTQYVUUQOUCJSQNNV]XSRPZ^[]VJP\dbZW]be`Z\`gbYFEOPUVQWYPC>LNJLORUT[\`c\SQ]d`SUWWYXVSSTV_baa^J:MU[[[\]^TNNSNRX_[Wdi`OJTWQ??NZ__ag^OWQNPQMW^]_d`WPNU]]QIR^c]PIPSPPLPSPU[ZQJNRQOKROKHJJHOTTUYWPQUUY`YPXLOQR\[SSZbbX[ab][ZZV\ZVJIQPSSK?OYXTZ__ZTWYVQGJMHMOS[Z^TGPIENUPPQIQWXQYaXMJMSSUQPR`f^RYYVVY\]SQWOLV^XMR[ZL=Z]XXUSSZ\_`UQTWYYPZ`\dje`VSbieZQ[dbSO`ZZbd_TJQVaeb]\`_Z`_]W^`\TQPOCGQUUUOKHQZXMKOY[OMPO]a`cg`ZYZ[XVNGJVZ[[\\VTRFHPRXYONWfohWSNQTQQV_aZVYZZUTVPGVWIAU_cc\VXYWX\^Z]jg]YZQJRWOTRNLU]`\UUZ[[^aZXTOPVVNPXVPMVQTSLDSWI:>JYchc]W]b_[]\VT_bXRUWTQRX`[XYZaebXU`fib`\NER\YUW]]b_XSXb\OSV[[aZOY`YUWTRTPQJKX]RIQOGTNLMSYUIOJF[]`XSVPWa[HIXVNJTXYOMNT_^QJZZJFIVVEAMUTDKVN@CIRWTRM:Oa`SCGFJGOVTQSTX[XMTVVT\ZXWVWYXQWZW[TJNSQHGIMORW]]XZYMX\WD?JIIR]a]ZUL@JLJW\[]^YY[VFOQLEMQURYVTRROR\_]^aRKT\[OA[d^ROQIKSCLXNALVSNISWXPSSQIKRU__QKNEHKFHNVXX\]]]]]VKN[\YWQI=?AXhdVJOQOPNHHJNPKIQ[_XOPVWVUPJSUUWSDCMTQFHOOLLOUXXQMKOKHMY]\]\WLLMPV\XRTPIMQB@LRNJUZP7ETRNRSSVOJW_e^PAGPQNJIOORTHHX[UHASRIAIMLMMTPSXRNTSOOIGW_]SMOUUT^YFJWXOXZTPKJGRY[^\SNNT\[[\_VZff_UYaYVef_TVPLBGQPOXZMIYZSQY`aUZZYMDRV\\LDINUWZa`d`O?BB:CJRYTR`fa[XTSPSPQPKKVSQSV^hkmif^_UBPRGVbb]YI9FNYa[LEMVODLWVW\_Z\YTWZUST]daWXYZSMNU\]bmncTNRSTMDMRNRRKZ`abaUIS\YTMTYYQJNOWXO[\NENMOUTUYM@HMSRSUL@BCGMNV[ZcdJTWKW]VU\^WSET\]d^YZZYYRMOU\]YKOWSU[WYXTY\YQKQVSUZYXX[_VPNKSVMGDHWWWWXZRNEOWWLW`\QOCJNOY`^VKHJPVZXZXNKSM=G[XNX]QO^]a[UR\ZUTT]gc^ee_ba`ddccegjc]ba`\_b\VZ[_ggaW[\\a\NU\XRNUWSG@OZbaWOOINTPLU\YWZ\QYcYZgfeZSRWX[ZXWS[ba_\_ZSSSH>PXY]dYUSVSGFCLROV`]XNQX[d^JBRZRZhe\]bbWUU^`YOX[RHUOR\\PLSQQSWYZWSVZ^VMQVPJFMYTUKRVW]XYWPMZ[OPXPJP]b__a\UQRYUM^bX]dca[JKSDP\WQW[TLVY[YRSUVV\f`NRXZ[YWR\aYMLV][SVVVTQSW[SPSVV\WNHQ\__^RECSYP>HV`^WRSPJUULDDU\YPJKQMOV]c`[WL>OXXXWSX]YY^YZXP>GGOROQ[]]\YSTWZ[ZY[ZZ^\XMIRQV^XNR]UUSLLL\dYPVREIGJLBdtq\NZWRQ?N[UFBKMD@IRSGBPLBFTTZ]]ZODHRSHHUWYYQHNW\[XQNRUQIUWN?GX^VIIOMHQYRQRU\_\ZSQNP[ZPKQOS[]^ZMKNRRJJJTWPPPQQNGEGKIMSVTROF4GSJFWZUQMLY^SFLRSNMRRMGHOUSLKTUOGHOQGISQKMHABJSTMDOLRTTYTKMY^YL@JOJHIMTNHQPS[gi\OCIQTTFIZ^ZSLJL@MVOQ\[VWWPJRYUNVY]\eiaV\bXTeeWOTXTLT[^WDVXLX[[]bgked\NJFK`h]W]VRXYYVFLTXXU_ZHPTQTW[\XQS\\PW`[UXVT\YSQY_enpeXTPNTWMMZZQRWMMJJPQD>Q\\\YSX`c`VW[XQONOS\^YXVOSUTTOYYROZ[SQRRTQRSYVQSYafa]\XOTMMLISX^^NETW][[RNOKFBJIOXPCOLTSOHSSNLSOONZ[djbXQMLPNFPSJWS^fhic_]UVQMNQTSW^YQMLV_XHE@EPIQU\[PTVS[ZUZ[YVWXZ[YTS^^b`WGOYYZZWSU[a`_WJQW_]VVMGJKR]YVY][YQSWRI>Xba\YQPGUZ]__]^^`\^a`\gjaXY^_`aa_YVY\ZMYa[XZW]b`^`^VWSENVPLQNKUVMKX\ZZZ[\XQPSYVT`c`VW\T[glj`^\\YWNLHP\b[YTRTXZ_\VSXXXZTgjZ=>=@IOS[a]VWXIMbaQPWUU^flb`baYV^jkaY[SHBZ_`a_UUYT9EOJIMOW[YRKOXTKOZ\]ZWMFCADGFMHPYXX`_[X[``_]UWZTbd_]WYfebffRDSSMJIBGTV]]UNNSUMLRUQOPUYXZ\[QO[^QNMVURSOUddZPHIHDQXRAKSRVTLIKUWUWac\TUROZ][^ab^PQWSNT[a\RRXU]`_XW_daihac_cikkkaWTTLFIQSPP\ad^NCKVZ][VVUVVWUUZZY_b]a[Q[c]SRQJBHMMKHFKRTWV[[ZWKDRLHW^Y\`XZ_SHFPXXMGLLVYMJTVV]a`VU[^ZJ?JP[]UJX\SKTPKZWNQUZVQPTRMHNOV^WR^cbb\VLWVSSSKEDQSSLMUQBN[`YUVMFOSX_\VJNQOJFRUY`^egfacb`VMNPX\[TX]ZVVU[baHDLRVTY^aaZVWIFMW[XSTWZ_`^VTZUW]_SKW]_YV\\OQY_\__WY^^`\YUUMLX\chebZ]\YUMMV\SGIVafhccd^VONSXXV[bebYT[ZONZWRWdb`\__WMMU[NWbgc`YTSZc]QOZ[VY\[\ZRTYV[d`\_]XXXWROKKOUY[Z_d^UJTMKMOY\VUWXTPW_a[WTKQQPUTNSVQI?LSRST[\\TUUSORWVMW_b]`[SHRVU[[XRI<@S\\X[WQNPIQNLQSUV^\OMZ^[TUWXY]RISVJITUI:GORQJNTSWXOKZ][YRV\YPScd\[bdW>O^_XRUSUXWXZWHPRA?TUVPEEJJQ_c\P]a_RSUWSYXRPOMSOPURWa[MVRDCVRQ]YSTMMR]^SW^^TS^cb_^YQJKU\]YHOXZ_\RTSMM\b[VXQHLRJKVeh^KPW\^YQLLHJRQQ^`ab]VSSWUUW;HRW_[NNFBFEBIQRMOSPMLMGEU`YJLJFPWROVPSVQI`e^VV\XLRQSNEDGFK[ebWIA?ESXSSSOHNNNNSUOOLMX\TVOI>GJDGLRMSUHKTW[ZNMRUUTPSSTUWQLNGBQYTJMJKKFGJRWNLQPXXY`\PIXWQHKRUPMQQQYWFKKDHLKBIOMPYTKINTUNMQUS\^WF@DLPRZ]SOZ[UMUae_TOPMPTY[ee`\d[VWWTLLOXSROEPZX^[OKHKYdd\RV\UMTeh]WWGNYSKHNZXU^f`[YYXYZ\_gjdmqroiigc_XSLKRVUOHV]WUWWYSW[XLHLNPRMKVZQGMPU]WV[\WUQTSUQPOCHTUTXZ]ZVZZSQXVWZRNOJMOIMQUUOINORVLM\`^^b_^VVWUVRSWUSQNZb[MIVXMHVUQROJOS[XPJKNOTUT\^UHM[XKSZRR\\URR?CELKOZ[_YSPHPTRX^^UOOW]XQT\_`YY[NTTXVPMMRTWTPY[MINHHKHKPS]^^YMILJT[ZTLQXLFVXY\]VMKLOVZTW\UQ[ZKMOM[VBFX_^^^[]cf[T^\VOZ`^\_\U[aYPUTWWV_XX`^^hhYJ\hcRV[W\dbZTVWRU\_^bdc_XKHRMOebX\a^ccc^]`^XRWVQRXXRY^XX\_eaXVXTY_XQU\[YY\bi`Z\WMXWUYXWZPBM_f`MMWVY\ZYYZ[YTNSVTQNOQU[ZTVRNWZZYVXORdnje^SPL[_WKIQMLRVOOQTZ^YVY_^[b]MNTNRTVYTXWTV`kfVU]XSRPHKSLQM>AGJPXUDDOOOTWYSLLY[ZUU]cVIX]feVBNSSVXSKLPOLLFX]UNOVZU\^[PQVWX\]KHWNDOOKNXXRWYV]ZUXZWYZddUMVZUTQObb^TV`gcRFNUSPOTVZOOVbfjd[Z^YZXU\^WRPKLSYOFMMB?IUXPPZXSVWMINHF?FNLQYZWWTY[WLCMYYOKRZ[SISPGMPSOT\U>PbiaYWNJOWYNFD=@IGQ\[OHHNMIEQ`aXJ48GKRXZWQ[ZX\XQJMQHBB:GMGSTIS^]KH\`XJCIINafaX_`]SRWSELRNLMIIFD?FNKBDB;HLPKEQWM:NZULGDCO^`WSMHHLPPQVVP@DTTRQOLBBMKAEF@ALRY[OJMLNJGEDDCMPIL[\XWTEKHKXTDBOUSVYQEM[\RHSFBJJNW[\Y]ZXRTMHSSMMURQ@KX\UOEEFHKKKITOJNZb`[PNXWTSQJLORMQRLYSU_^XMKW\XLMHOOQSPROMRKPY\YOPXYWOPU^c^LJMGETTU[][]XRQSQQSV[_\L^Y\_akrtnge\UX\__USXZebWSQQXXT__NISY\QKOU`bcd\JPUWWTRPSKR]aUPNZYNPSR[[ZZYWVWVPICNRKQUTQV[TZfhb^a]V^faXTURV[WRXVLNWUMSRU\VOU]_ZYWSTMPSOEIOR[Y]ca]ZSQTYNLSXXXWSTY]_\PSSSZ_^XVSVVUTVfsqf_c[QTVTU[_YQROKHHHKUWORRSOWYPCP]\WSVYTKQVRRSOQSEJGJVWPWXYSNSLJXWMSWQHOWUSUTVY^_Z_f`IEPWZSVVRWRFNNVVLHJDS^]YORTbe^VQW\`cbXT^`SS_d\VVSUYWN^ea]]]Y``^_gleRDOW[VOPZ[VV\ZVROYWRXWTYYXWRWXWXWVTSUY_fh[XVYa_VRUXS^e_Zee^``_\OT[`b^UQS^_WIMROQUXTRMQ[\RGPY^aW[daSWWQ[`WYY[SPL=AEKXXOMUY[`ZMTTQMDKWXYWRXXUQGRSWdeZMci\GIU\_XPNQPKNWXTTIQYVPX[QSYQGKFELPRXYUbd][XX[__\TEKWROTYSLLGO`cYVQGHSUMPZZXNQYff_ZQSXTKKSagf]TIRVVV]_TAURNWVOLRVZUQLWadcdb[LQca[XMUacYU[`a_^\WOLMSXYX[a]MXeicTUOSXRKOSVXXW[_ZRLLRZ\Z[ULUcdc\[^[HEQTRSLNQQUTNJUYWZcge\RX``]VWRTQOPKNPH@@MTJPVQOKSWUUXZRBPPSUOIJKJCAEOGP\ZSR^YUQMKKQTMGMTRTORYZ]`[MOTSN>BLTT^dg_[][OJNKDKV[[SJGGKJJNNTVRJDDIPWXUNKHA>KVVRP_cYIOKBBLMNOQKP^c][ZRHHEFFCEGA7JMLO\rtjTRWHCRNT^^VGDRVOKL@KXNOSSSWPXTMWUIFLWVLNRSRPLNQRLTXTWVWTTTKNULGCEPTQTWVSSTW]\XVOOOO@NXWTHGLRZXPRUXTQWWXW^VHNab_`lg]MS]abYUW^^[Zeg`XVV\c_Z_fcXSUSVacdc^[TQNPSUNad\V[[`aUT_d_\Y\^_[TNSWZZWOKQ]`\Y[ZVLQTRVRRX`dh`UVSPY[ZOMUTQMHLRUZ_ZULPTPZa_WX^\QIJSZb`aaZT[\X\feaVUUQWPJOURMPNS\YV_b]]]^VRQPKQRUWXYQDL^bdbbgc_\OJQJEJW^[LKPSQLKMNTZ`_WMTWX_`WTU_gf^\ddX_e_]`^RKTadZRWSTTQQ^cZUTHHKLKCRXURRV\__ZSNSRON\`_YY^[WWVTWc^DKLLTTZV\ZZWJPTVVMKNPPIDTZWWXZQO[__RJX^abYUlmj^VZ\ZYXSY]UHS_Z\cb[]_XW^aZY\_`a`WTSKTYVRQNN[a[OTVX^_UVWQ^\UXWTZ_cfecZPL\c]SNW\WTQMDJRPZZW]^XMNZ\UTSNPMPSQHTXWUUXVNTWSY]XTV^_VRQQcje`XUUSVTW_fb[TRQQLRQEKR[ZUTPU\^\Y\\Z[^XLINLSZ\WXYY[`bhg_RMNOTYXWUYOHT]_`a[OOLOPQI@MTX[X]\^][SPSZUX[a^XWKNZWUPFRQPOGOSVZQSPHJOLUZYPLSZVOAJSZVJPWZVMLT[_VRVRPSSRMHO[abU^\YUSOTW[WWVZ\YY[^YSVXVSNFVYWOLQWZ[^aMDRSLW_ZGN\ZOGOSSRSUNUX]]\`\MFHNVXST[_WAN^bba^[]b^XZVPG>F:GTUUYW[d\?DPNLINLIA@CJVYOQVOIDIV\VORIJTVSNQVZ^[P@CGNcjheedaZZGR^[QRH>JVWRZTKPVZ_[TJHQTSMBOY__\Z[YIJTVXVUUTTNQMIKJKPIHKNNPQMTQJMRNMSVVV^]WSVYQVYWWRRRSU^d^K_ii\TJLPMDILMOHFSY[[PDMWMIT_`XTLDHSQDBEOOKNORSRLY_WS[[WVIGQMLTQUWRKDHONGBHPXTQJOVOQ[SDJPHORGENQLKRMJSUIFEKSS]XHBLQMSZTADKTRR][VNQNMQRSGDLIHOT[TTZ\SKECJPbbX`b[HOX\Z\^\\[VYZQIPUPBJUOPT[eggdX`gfƒ˜—„daa\[db[YTGEQY[UW[RUYUUN]]TWXXSSW]UIU^YUPJW^_SRX\\_^VSNJGM[WRRUTWTRHHZ\VU\\QWc^ZWUSY[Y^_SUimeTT^c`ZZVJOUNHNLIQRVVFAR[Z[[YVVTKGLSWPKHOSRA=ISUQEDGKEEIIRVWSNLSGNX`W]b[SMO^bTBFDP\bb_XGDMKMSQOFVbcUMY\WWaaVY`^SLUXSMLCKPPNKKHPONMVWTYa^SQQW[UUWNPV]^Yde][ZRXYW[__^_ZOPUPORQJFLLVXSSTZTK_bWWWP`gebde^SHYYTSRJRYSPXY\__UTW^c_afc]`]MPT[^WOOHKTOXWV[^chfaZZac[UTX^dd_]`[S_gaSIS\[SIPQMQ[ZSNMKIMTUZ^]__]UW]ecQLX]XZZZWZVQXYQX_b`SPNRZbd_RV]\\UT^f`ULRTSYVGPZYWWSNOCBOSQV\WTX]\\\USWZSKLW^cc`[O@MUUPONOPWSCMQWZ[WPZa`_ZUORVRJZ]RPUYTQU\ZZ\^[_b[TVOLFOVPRSOTTTSMFJR`[V\XQRMQRMMQW[[QKMSZ\WJPTVW[\USVTSIEKKS_bYWWWVWSSYQ98CPV[[TURFQMOTS]^UMNS]``YUBK\WGMW]\VVRMFAJPTLIKIQ[ZLTXONSTVVTOQLIKPWUSVPOZ_YPX[RU\[LEPXX\a][Y\a`YZVTN;;GESZ[QJNOPKEHQRQTWURY]\PIKLPVI=KPQ[]`d_RZaNWee[SNIITXRJOQRV]_[MEKVYJFGACU[STZaYSVTTXXX\]PSWPGHEMPHEDNSRFGMQSTQCBLJ<>LRSVSNPNLF=CAGUWXVT^_HO[XU\]SRPTZXNQQOPE;MXRYabZZ[WRKF<7?<8HIDORMKDKSMMNONDDCDOTOMOOGBFHTUOJJHUYTSMLLR[SEJMGMNIHPQNVQGKFBISSFFKVWSRTQNDQWG9ALMFQWZWUTRSXWKIGJNRbkcVXTQXTFO\a[UQNMJVVRKQWTUZYTPVWQG?DLPLUZPS`ij``_o„‘‹x]SFALUZTKICJQNROQVTPXV\cknib^[SHS\WNTWSXWRZ[QRONVYZ\^^YLCN\ZR\`]XKGMKS\\QKQRS[[RLRX\[IE\`^gkdQBT[SHHR\_ZLT[[[QGKLBDCMSMHS[\WOOJNNMSYWXOOVPKRVVWSOTKGNRSV\\XXHMWZXTHMQNW][TJDORTWYTNPKNSSTVSRWY_``[^^UQ[^VHMUWZYNHPX]`^]ZTMTSKIPYULQ__ZZXRPIBJV\Y_ekjdc\Z[LJVc^WSPT]^`ZTTR_a^RE;EGMONJKR[\MHFEQSHMVNDO[TPUUNKDKKEMVWPHJSRFDIHICMNR\\MDHOWWSROOQLIRX\XNMXZULNUY^b]K:PfbLJSUW^c\PX_`_ZQNH<8FUYPP]^NP[_YQJQPGADBEELNJIBRWXRJLOF@KNURHBJSKCB?IIMGB;BTYNDJOPWXRQVK?QOAHURUOHQYWVRHEMRKHRZb_ZSHKJLSVPBNVW[XPFPXPHDMJFK]f`ULOKNUXWT^`TSUQSRHIP^aaWQXTT[\^UP[TNGT]XKQV^cmnmsuiYRXT\\TVZVKKPSQLQQOPUY\dcR[_WZb`UQUZQU_]XMEY`RKXfj`UTV^]SR]a_U\ggXKLHIQQXWP_[QTWacYUXN;;P[\af_QRWUPEHX`YZZ\[^\L=RRLOTRTMGDR]c\TKW^[TXWPNOGIRRKS[ZPHILW[XVTY[SKENZUWY[USSRW\ZSQTXWUVUY^[STUYYbda[YURX\ZWQWWTTWVJKJBMSUXTQMIDJLQM@ESSRUZYMOZb_YKGNAA]cc`a^WOC@IQUY^WVZUSSTXUJRYXXPSPUXWQIJZ]Ta_UIMSRUTPSV\W\]_``ZTTYTR\[afe__ehf]_eaXTaf_PTY^\]WR[]XRTVZ_]Y^ab_XM_e[IPUVLNXZN@VWOW\]XNRNQYaZOLNM\`ZYXW]_bbYOVWOUZWPRRQU]^WTNVaaWQQROQOMNQJJ[de^LGLWTMHIS^^TFBO[[LOZ]PKTPORLCJPOVZSFJUOPVSMVUVXYVSW[TXZTQP[_\VOONSWPVMENZ`ZRRWXRMV\RIPMI@=GU\ZV^YXTU]gdbnkZRSJJVX^dc`_^\egXNMNIPZ_\]UKLRXUTMGS^[RQUYZLFLRVQNMIISUUYVRW[_\SEDP^a^XYYZWRPIJQRSX[ZTGHJU_[X\\_VW^_URVXVQOQVWOFW[PNSPMTRHISXSSXWNR[YWRTMGKQRNLQKQYbaa[NFWVSVX_aXPKOKKL_e[UVUUIDKSWY`jlheha]cV]gkaNW[TROW`WYbhfbW?=OLPMPTTGQXOMTULQTPPRNQTU[]VOMSQIJIHG>GU[[ZNJEADNPRVWPIFS[TOOKHHIORV]^WIKXYXWQQW\[QSZcbW@BHLPY\YUWWRTSI=DLX_eb[JCW\UR\_YYWQZ_YMJHCDJOSPVXRPSWVMGJRTMNVTME>IQTQKCBPVRRLJNLNV^^XRRFGKQ]YGV__[]ZZUVTS`dd]Y]a]UNYZT\cUMO]Z^b`XW\`^QMW_e]RW]\SU\_\RRZY^`W]ff^ZTHZe`[][ZUTMXWRTQT^cd]V[VJTWU__^Za_XTXTTTZXQPSVKIY^SVYMCKQQS\YWWVWMMWUNTTMQTYejcSE;>JMHKQVVQNPSV\UQZd`VWONXXRPW[WSLHSYSQW\WNRWZYX]WX\XQPRU]`XPV[XMNNTUSSV[WYWOLLWYW\\WJBMLNQW\eaSHMJP\__kiVOZWWXZ\bbTTZVbj`XUVLRY\\VPNV[W\baV^]ROZVSXSLKPQLBLPFQ\_aYQY^YWUSPUZ`\WVW]b`UOMITUMS_ZOPPT\]`ehf_]^WLS`]YXVRUSQLMNMZ`UGDLHJSZ\[WXPGQLBCBOPNSUS[b[NUbi_N>ISPJQNZc_R?>IPRW^be[O[[URVS>UffWSa`ZYOSZXTEHVSQRMO[U\cVD?BFQSPJ]b]MBILLQYPPUK:MXSSPQX[]USJ@KOPNPS[YPKLSOPRNIKSTWXR_i]ELNOUWOETTJGFIX[QLW`\WWQNKQX]RHFGMMOPSY[QLKMKNYcff]a]HJVSGFOWXVTWXYTLIPSNJOOSV[YUU\VRPW\\XROOE?ARVPNRVWLKMLV`YNSLMZbaYZ[WJL\_[WQK\][YSDFFRV]a`XRPU[\SQSXXQKIHPSOGRYZWVVSOMVjzzjSXfkiaPLRKPU^^RTSMSbfltxqaXdZY\Z]e_XTML]c]RTWVONP[ZYYYU]ZYdhc\XYSLUUUbgd]MQZZ\\Z``WLJTYXWTcc^[\WY\RO]]RVbdXVZXWTKGQW`^YRKOT^_bd\TZ[WNI?FTZUOLUVV`c]]aYPWZ_SP\_^TQWWI8A:ITWWU\VQUXTWSZSISVKT[[TGTWHNOAHWUWVMNWXYZ]]Z_XUPUZXSLCGV\ZYXURTWPJSPOPLMWTIHQ[\]`\JSWSNOXWORPHI^ajmhcaddeb]bWS[]^^]WTXYZYULXVRX\]]\UIQZ[VVa]Z[_YQOI=P^ZCFVT[gjcVU\[WY\YLOYXMLTROVcgcdd]Z`\[ULNSZ^ZRQYXVVVOCW_\SKPV]]YSMLTX[^[QMLNRNJQTQUQMOYXOV`ZKAHQZWPQKNPSW^_^ZXX]a_ZXRORNUXXURLGLJTUTPHELLJQVWWW\]YUX^XTLQXWRINVPR^b\OOZZHGMQQIR^YIJJETUOOP\`_ZRP\]W_cZQYZZdg`bjjaTT`dbbb_YX^be_QAPWQAJVRSRY``\ZVNTSTTQAJUJGSV^TFQQJMYZQOJRJ>SVJEPMEFOMBILVZUSWXZYX^a^X^]QNY]WY^]PGGGKLJVYRTPHKUZXLOOPSNMQRTWTH>@FLVee]OIMRPKQONPOOLPJ@DNW][[`TPRQPKTVNF>MTUU\]ZUZXSOMT]_^ULJRZ_fcWINVTLPUX]Y[URXXP?HPORSPQVbecZW^UMQQPIQVRPSUKNNRQIEHORUROLOU_`^ZTPPNVYOB9S[TRZNLW[TGNXZWSVQPRTUZ^__][YXSYXRL[XP]_RMSQSWPIY^TPW[TQYVINTTVW^`YVKKNad``db\\_c^LPYVQRROYcfaOPOPNLSNQnscWBJXTWY_`VPX\VQVUV]cjcRQQUP]c^[]ZTUUSYXVVSTVKHLV[]UIFN[ZXZ[]\Z\RRY_[RPYWOXa[XSQVTSQWX_aZOU\^\ZUXXURLWUEESNFANb`PNQGNTVY[YWNQZZPP\aYZ[WYVHCHNIKWVTSXOPW\XSXZNFBMUSQWVMGQ\PJNLSYTSOVYXZ^\PO`aXNJNRRS^c_Z[VUSHMJQWY`kkc]\ZUTZ\^^baX\ccUFRW^^babff`]WWUQJ\`YYYNMZ`ZW[\TGLMWMNPOMV]ZQ\XBMUQMWXLELRNPUQFOMHNMV[SQOIVde^WVPJRGL[ZQW_ZXXQPWXPDILE>U`]MNU`]ZRFLRQMGHNLOOICOTWXOTPU\\TKFC>?GNQPFHHAOSRVSSRSSNP_b`[`__SX\[]`YSNMIHKKTeg\LQ\[ULDHNRQLUSNQZUIKUZVPONCPWRMWYPSRVVYZXVX[XQOTQ[]Y\SHS]]YOTW_dWPQNNLJNY]XROJP\[LOX_]W]d\PJ^caZXTO[^WPS\ZPQQX]]SPWSXYPNWOS[YT]geVNSTaagjhaYX_^WTac_XWNR``YRYW[hhdc]\]^`YMLRX]_`cdd_WUef_cikhd[XZTX_c`\]c[B>U^ZRUUFKPQSPPPVZPRVVSVaf`WSW^^ZUX]XTRSQQQLMRS[cejd^QPTORPSSTQRSZXNEHIOIBT[QT[SHM[_aa\V_eaQW\`[VVTOMQVUOQNQTVPEGQ]`ccc^KMPPMRQJTRIINONHOS\_YIKXUTTZULT\]ZXUXQSO]ec[USSRIDLUYafhgbclgYZ\ZZXRQW^`RSWX\UOYde\PMUVRPUacWKMQQSMDOVNMSW\LQYYUSS[VDSRBBMTOGJHKMMMMKLNHAHNRTSNL[[TLFFFFC@BO\WGDOMGHR\ZPNTSOOMINHJV\_^\\ZTIELNPOJINHFMNbstaTQFGORENULGRTLOYVWRP]`VMLMFLMORPOKOY_\QLIFMPQT\]MCLTLSYSUXPU\USVLNSRNMPNTRX[RWUDHOSZVJSVREEKTX[[PIQXYYVRRVSXZOMNGGSSIGTQNSSSTLGMX[VUPEBHNMOOJSWVRU][WZ_\VPUUYYUWWUOQWX`XNW\ULGGOSPLMROQYXWKBFUUTSM>@DLN@Ugh]W[afb\VV]nkb\^WZ`djleXSXTKT^`^UXo{ykVX^[OPW]YVTOEIJP[]XSZWTXZWW[SOQMS^^TMMRY__WMMUQLIBQXZ\db[[YWcicTDGGHTXUSPNRSQIFUZXSYWQNVb^PERZSOQWTRSOPRPWWSJIH??C?DTUNMKEKVZVW^]XLUTJTUMGLQOTMHNRPHJO\ZTNKKUZZYIIW_b\UX[\c\NSROKHVWUVPSNRXXPLMFFSPNVVGIPOSPHSVSVRQ\]PO]]VVWQXZSUZY\U[`XRQXbb__`[ennhc^_[W\[][YYXPTTQRY][\bcdgb[OMWQKX\W]ca^__\XYaf`_e_Y]`ac^`bbYW]c_QHFO[Z_[MGOWZSSTU`e]RQWWZ`d_YWVNKMQVXVW]TLPURPQXYY\TPNMBGQOQTYSSQF@INPNQWXROR[\M9MZTQTVTR[^XX[TN[_[XSW__[^Z`hb^^`_`_Z^ZR[_[LJXVNONJQTS[\VVYWZOGXWOLVVGBTXTUZYVVR]bYXVWZVTRS[`b[POTYce]X[^]RHRSZ[U[daffYX\VKMS]YQW`_``VHJRW\TNPPROS^XRQSGQUNCHMMQMOMLSSSRPOMJNTWSNTZVQMHPHEQKBENPYZLKTUWWVYc^MDNRUTTOGBOPMNLIC@LUYQJN\_XTVXV[ac_WOGBMF@HPVZWPGOJADGMNT[V[TWVTXWXYU\WPLL[ade^QSNJUYXS\\^\ZW_cbYURTZ^ZUOV^cZNZbhcT]daSPVYTRTUPSUNYa_KVe_TRKDFNTPNMY`XRN\ejhbVVXTTQLEQ]ab[URFM_]XPCHSYVY\YLIRPQMJMNPKLMKV[ZYXNP[_YFGOJKOGGJPSMEHLNON==U[XSVMRbhcUPOQW]WOPKBJPSWUROJFFCIOY]VWSMRX^^RUVV[TPUY]`XL^aWM=LOQWXXTLMRG8PNDSZNERTG?DDLSPTPLPUZ]\VU_ea]]caNP^]YQWa\PQQNVei_W\b`eb[ZV^b_[UPRTYXC9ETVWRRRU^haZ^VOZad\U`a\[\ROV\\`dd^VPQZ^[[`_[UPZ^\[\QMNMS[YU`aSV`[RSNPPMAMY^[RQHPXYNO^b^ZRKW[VUZXZXSU[WPEHOPNQSLOSPMLNNOQTVZS\aZKQXXLJSY\VLIRTUVUX^^]WIGT[[VU`XR\db\]`acegf^[UVVVMMLWZZVTRUYWUPOSSSPOILVXVVOIFOY^TKK[\ZVMNLS]ce`TVWOFLROScjeXOSSQSXbhh]QQW^]]^a`Z]eb^b[KFR\WROLTUQLRWQGHJIORRPN[c`UUXPSSUVY\[\][][OFLMHLROJNRX_a]TW]WN_id\WQLD;8:6I^da`dgc_VKMOMFJSSVUQLMTZ^][UU]caaabbYU[^TDJOYZQLJGBGKROEQ[\XYZ[UKKLBILTVQVXOIRRKV`\WQQRRQQOPOIROHSUPKKQQPMLSEBBAOSSMJUULGOSW\`ZI>MQK>AGGINKRX`]SQNOU^^]Y__a`WY_[TMLJPORTW[^\WLSSJLMLXkspaJCN`jbMHUYSHONNLLRTPFIOWUQRSMONLU[SNSQKFEHKNSTSLC@HNE:@@HJOGGNTTXPHNPWXPTTMQW\_UQPUSMJHGHHFGKG4?YZTY]SEGHMOIJKH=KRXVP]^[ZPFP]]XSYUPGBS\XOKNRPOPQPPUSRMKOSTLPKLVQHPJLT]aa^TKQW[OPXSIMWW^aVNW_]\ZMRYag^RNV`ddc]RTTKNUWRS`_XX]b[`\NJKFNWYTWZ\]VbhebXT]\JFINGCTcf]UUVWWJO``QKI=ELMLPUKTVNDKWYPPPWSVYPQXXUZ[XSRFP_`VODIPUZ\WUI?DLRQRNFJPPTRX^[RMGIGU\PEKR^_ZWOMIJBFKFILLLSQRY\SMNPJRSOJMJSYQKPSJPRXUMEHQSSH:HRPRPNYecRFMPLLMQNIPQLPVVSOMOPIOYOT_`[YPQSRMKP[fibYXQZmxnVAHSWSMPXLCQMGEHDGMT]ZSPOMZ^UT[YRB9KVZ^WNSWQQOMMPVPLFBFMWVWQFJO_^NNONNS]`UUWVNJG?GNUSDKTLCZ]VV[XQH=IZ]TRTJ=LZWS_baXIKQVYYNLFDFR]^ROUYMJQXZQIY[UEP[YNKPTUVUUT]^URT[`ROPX^YSPJHMOXZ[ZZSRQV[]_]`_XNNYWWUTRJMUQQZ^]WUOIYgg`VLMMRH>CNVYX`c^kld]RLOKH>LVKHBM]\[XSXZPT\\URNJKQSKJC7FNTWTZ`^SNNRY_ZSXTPNP\cc\TPYVSPOUXVPG>@>@OY_^VOIG?FHNTVRF?PWUOJOOHNQTRIMKOZXPXRHLWWWUNJCU^THX^YQNOPG@T]UIY`]WZPLNQVXXQNWTQNWZ\]_X^b\MNVWNIPWXYZZWOQUYXROPMNOR\]PLUXPFIKJIPZ\Z]a[YabUMRW[\]]SOU_acedcd^YZTFOQSZaRJYV\hc\bc`WLP\^WYafg^Y\Z]cafeabb]`ee]\]WTVXZ^beaWWSKGJNNZ]WVZZQRTSVQHQLRURSPZgibcZPV]_^WQUWYY[[TRPJOVX[YVSWTRVZXY_VRVSSUQMORW[V[YSUOHIKJMJRTNHWYbbaYUY[NNTQSQTaicYT[\VYXJNOVTXZVGFQTKPSGFPVY[RHGJJRY[_^^XREJRTVNX[_`YXZTIP^`^XVOSXUXWPKQ]`WU_^WYUIPWXRS]XSY]YTKQ[YUU?I^fc]ad_`dfkkgfbc_[Z[[YPILDR[caXMNRXSY]ZSLEQVVML^kjYM[_XTXWRVZ[\VXQTVOMHIQQWUONJ9R\RHQSNVXXTUMRSPQMNPQUS]egb[TR^a^WLRQWXSFJROOV\UTVQC?HDMSV\^[UOUYYZTJT]a[QS]d]SSO@DQXTZa`YUTQLHQVQUMHOSNPT\YLDGRSSOTRICUZ]_]QUXSRMPQPPVRQLACROSOCOUTMGPSLKSWbf^ORVOJKLTWF=FT]\UPBFHEV^XQ\_YTRNMOQMHC@CEQ_Y[kk\OJFNWVLOUFO`]HORPIEGPIFQVWWWYWWUODFUb`TNMES\YWHBNUMAIQKMNTWZYRU\YNRQIHQWZVWSJJLOOJLTVOTVI=OPTWUUXNGW]][VOFMNQTLQ^bXMLSXXZWTPHF[d_KQX_VFKWXSV\XSRVWVWTLMKQXbca[[YVWTFJLMRQWSLRRDMPSUUbXOUZ\a]USWSTYSILRRIDHWdieWRQHBS`^]YJLRUQEJQRTW`bZSTRJ@ELTXUUODRPGHRTX\YNFRX[^VKLU]^\Z[OHOWVTYcb^PV_a]cZSUYYPN]fbTRSRNTRUZZZYOHLNJR]_XLKMLLFAQXSOS[`[WTQNEGXXUSOLSVQMZ]XQUTNLIJOPUNDHWZZQAPZVQMEM\e_USMLOV\ZVX]]PHEQ]a]\XYVTPX`^WPR[YXae^VVUQYWMFHNSWSSQJGUVG>IGJOTPHFSYTW^UPTSUbifRV]`WMTcjk]Q]aWVYUNPY^\TYZV]_UPSW[XVQQUae^aihd^\_db^dhgcacc`WQTY[aaYUYTTUH@IWcdWJP[^YRQSMKZ_VLOKPV]bfhbZegbb]PNW\VPW_\T\c_WVWVTNLT\YZ[[[^ZQNWZUQSSSOLIKOPNHMYZSQSOPINY[XVUOTJLVRZaadbN?M_e^[WPU[XODIOQWRLS_a^WTSSY\VWUENTP\idZW[VRNYWS^^\UVXWSUWW[^d^HV_[TLOS`ic]\YVVSQVV_c\VXWZYMAHLQR@9DEPjoediopqtrmjifhaXZ_baZY[POVTW^Z[dc[VX\[RHJLKGWaef\PUWVUZ^UQVVYWOMOQQOMTUQWVQQRJVc]KHHOVSVSYRGLY[W^d^TO[d_RHJGX``YKX[\\UMKNLKJSXWSJFKUVZ]b_FF\b\KQa`QLQSOHRRJQSMMNOITVNCOTK@GU\^df^MEAJPMOUSPIOWRTUDGOUYSQ[X\]VV\POVNHORMKNTVUPUUOKU]`\`[UMDS[TU[OHWVOJQYTOOTQUZSIKQWWUUSUONWWOUSHTWVQMBITNKQOOJLSTOLSSTUVSY[XQQSAGHGLJHRUUVV]\V]]TPMLMMLSXVTPZZXTX\^[XTKLRamfchfRCMYSGHW`fbWSVWTNJRPMVaa[Z\WLRYYIMZXRVWRUZaXS\WLECHOVYSQWS_c]XYQMHES`aXVSLQWVE>LQW\[XNGIMV^\WYOU`]JL\d_UWTPQVXVRVZROSWPQSSUTSRRVWTKCSVROMPUUWSVYNOR`decd]UTUXTOER_\T^^^\WOSY_`YTUYQOROBHZ`\RRZ[`\SLNPTWVPRTZ_bYQRSVTNPMUZUXWSRNPW[VPMOOFE=LPRZ[V]]VMNYYQTZ^]\\TES]PL]\Y^bhfc\]^ZKLX`c\W_ecVUZ`[TU_dfd\IQU]bedaZPHOXT?ITTZc`YZa`YUWVY]UCPOHKGT\XSQSVZNDFIOX]][VOPXVOOVY^\XVOU[[PTUSR]a^\XUPMJQQFMUUVW[^[ZYWNRUNNQU\USRJFMUYYZ\^ab\LPW_gfWQYZSNEKNPNPY[VYZTN@@@NVXTW``[RPY^[UW]]Vaef^][VLIQUIJQ^d]V[^XOMG8LVS[``ZTIC@MGHQQICKWbaZRLGO]_[VR`jg[Ycqsqm_gmnlk`TPc]Ybc]TSUQLR]_][ZIIQVUQXZQKBMUZSM[aYINRSMKNH?FX_[VUODHKJCONIU[bdXPXWQHCBMX]]]\STX^]YTY\TOTXRMR]]XNQQMTWVVQPNS^^\_^ZKHLHKQVRROPQRPHPVQGP\``_``_XJNPXWVWWNGPRY]RRZ]QHL]^\ZVKB;FDMSJOYUST\ZRL`e\QMZ`XQ^_WW^\ZSHFA8CSVSU[ZTKKUX^e]VXajic__]cgbPOJFNY\U[[QS[\X\aYNNU\XSX[WVOHSULDNUYY\_ZVZXTQY[WSSJQVWW_\LQ\YX_]NLQR]]Y[XRVTPY_SIMLLJUbg^PPYdgd\LDDJPQPNLH?@=@LSUNI77@KVOHQNPOPHHKKRVS\c]XYVRHDPRRMLMY[[MKOHDKLHOLPSSYWJGU\QENTMSRJPT]aZTUONRR_d]RKG?CRPJNZQEHKTXYMDCINUWPMORSMHWeaOMRZYV]fdYSOQQHFB?=9AQUMNJGFRZO>?CMTVXX]WEPVYVIGRX]ZRVUMLSH>HFHJJKNY_\VXUQOOP\bYX^XOFKRLEPTTWJBNXURPIWaa`a_NJXXSRXWRSOOY]WPX[YYTCEHQYXUQRWQWdopfNRPGEDPQLRLNQTKKTRSOEKVceWQ\d^XUQRUUVUQM??Xeb\cbWPUMK[QEMQYZUSOS[^[QGU_UCQ[XZb^``]U[cfec`^\PVZ^WJGIOOHW^^a\XjrkYRKGGKPSMJORNJSURONPRMFQXPLKRYTVXPIMKLS[^c_YXVALVQNZ_ZQMDEKEQVJNVUIFJLTVW[[QY^\RX_`SPUUJGUTL?JSTUSSVcgf_UUZ^\TRWVTUZVOPPPPR[ZXVYabZPPSI6NZ]ZXTVW[\\_]UY_aZRV]\TJNTXRP^e]NU_\LEC=DMSXZSMQPJQ^]YK@JNNLIRZ]VVNIBDHPTQIIRXWZcnla`dcZRHTXYQ=JSPNNJHBDOOLRJMXYQHP[YKPMIT\^VSPQQRFOSQONJMNPLCFJLPX[YTWZXWQBDWZ[][SSRTTLR^_VQSMOSSUZYRNVTOKSIGMMRQSWXOIMJUXLBIDFCFMKHMWYRIGQRDHG8=HPIJOLLLFLVVOSUNQTPI=DXZWY[UWTYVRJPTOUXSUXPOJ@ENX\RDOJQYZVKORSR]_XZ]PFS\ZQNVLBTWY_YNRYPLLVW[V<:IHNRONSWSRSNPNQ\WHGTTOLNLJOOLPW^]^WOORWWW]^SHJGSZ[[^[UVURRWSJNXYY[^_\SLK^jg[Q\d]XTROTULMV[XOHQTRM>BIP]`VOTPHO^XJ\_\\XPRUUPRX`c[KR`_VLNT]c]TSQOV`^V\b\ROUVOMWVPWY`e]QUZVTW__][^WTSVTRXX_]PGILJJHLU]ikaWZTPMDGGLPRX[ZWZXVVKNNOIJVXOWSJRWQYZSLJOZ[bb`^STa]SUZS]ihc_^\ag[Y]fge`]\\]ZURTampkcZ_b^ZXUW`_YX[XYYTUUQRVVUPOVRK\e_VWZ\aace`WX\WPRZ^ZV\chkcZccYSD=R\\YWVfeTV\_ZafeZV\_[]`edTNP[XRQHT^^W\][UQQOT[\TIBRTRUZOCJ^h`VX\\UZ_VSRPQRLKW[_c`YVNTXPORNFNUZ_YQMYdicTLKX`VPLOXXRROJSVST\beg_[VWRGPZWRRCLXdd\\\\TT^ZZWXVU]_WMMNO^^RQSYXSS\X[]_[X\`\ZTMR]`]SOSSY^UGFLTUU\[WUTSVUVXQVWUSLX`WUWRSXXQY\VSSI:FTZYSNSPJHJPEGUWVZSR]imd\NISWYYTPQROSNRZ^RH^bWO^c`[LFKUPKXc]ZeojUV[MN`eX^jeRSVQJFMWZOIHFKNSQWZ]XNS\^YVTSMFEMHFMC8IV_YKRTNQTVSWPDTeb[[X\^PIFQUEGSXWVVXXPP__QEP\YA*E\c^VNPTTY^]QHDF?ITXRJFENUJ^[VTTPNILQLGHAAHUcf\PMKISRJEINNV`_YPSQSWPHIKIKTUNIOSLEU`\]YKRXZOH?HNLNRPTPMTVUXVTZ^QHZaYINXZRRVOKPVSVOKPPLRVRNHY`VMRVY[XUWVL?FPPOONLLNNQVQLHPWVTRJDEEBELNORJALTO=FFDJOTUO=6>MRVPSTRXXUN,6QZVNQYZQUZWSSMLMPPF=?HW_XDISRQVVOFEOKHSMFNNNNORROXUKLROOHFVZOECBFRTMIJMOQRRKQY][QB>EJHKMRX[Z[YXQCGX[[ZYTOSXZQHRYXOBOSSPYZWQKMSQLLNX[\]b`]WTembPPMLWUZ[OFOX_ZSHPOVYU]gcQEHNXZVRIGQWOJMGOSMR[[afMHFIOU^`\QV\^]]ZXXa`YRURXab`\TSVXYTNLNRZXNQRXX_c\UTV\[]a\SV^[YVQQTX]WPW]YQNZ^[ULOQTIMVSMC(EVXUY\WWWJFI9DRXQLNMEIOMHOSS^]YW][\\XY\\\ZH@IPNMONF[_ODLJSXQX[UFKY`^URRY_]MONSVQTQEB>KUVYZXONMKNIKRT[\[RSKKOQMQX_[N@K[YTTNNMCHKJWVJDHQ[a`\UZRDKQJEGEIQNKDCJRZ]a^VJJOZPHVYX_VS`d]UMT[^^_XV[TOQO\b]VQPRTWVUMN`[YUNGVac]XbgjbZUV]_UPRTSNQQS]e`[[[ekfiomfd^VVXRZ_[\aa`\OOT]_ZVUPRSRSUWVVSRTRNOV][Q^`b\QQMYebWXYQSIAGSXSOLJZc\UXa`_a_TFHTWSRVRPZYQPOOOW\ROW^\WQSKDOPRPU]_WC?C>KWWZ\[[\SRNFWedgfee[W\\ZSJ>R\YUGMRVUYXRQXXQFT_]YQMVQNYYWUUKOUVTPGX_^TMPOS]b\Zb`T]YVabXQNKPTTNMNOQNQTNIQWNDJPMQZ[NBRTRVWNNX`YVNJMQGEQVY^]UUUTa`]Z\YWbgb]dooouqlnqrmkmmkdUHBFQWD>CIJKX[]XJLSPQNT^_RC@=FPRRMMPPKNPHMRV__\YTRX\\XSRZ]XPOI:@QURQUVUNRaa\WZ\YTRQIGQRRY^_XX``YWYZQKROQ\dQGW^__X[WT[YSNKV[NJSWIR][JCOYUZWKOOFHV_`SEJNTTF?ENUZ[VUUROXZUVWL@OIKROPQICGOU_glfXKA>EKQSQPSOFISTW[\ZYVNBIRVQTclaQSRMOOKKICE?IPA>JNQSVNPWZTRTQJKMKHMTNAF@JOOMNRUOGHMSPPTXTNQOIIKMK0>RXQWUJT[YTUXLALRSQWbbVZb[W\TWY[XSPKT\[ULJIQTO^_\UVSY\ROONMD@ORXYSPSPYium[OMNWURTPNUYYYWPWYW[]YQLKMJV^aXKNMJOMIIGOQQTY\^a^YRCEO[_^SXZSPXXKN[d\ZYNMY^]VQG@DNSRTPS[[WYXZX\ZMDPY`X_licaYXaaTSVRWYRNSXYWYXWSOYVOMOYYUPUQJOMEJQXSA8JUQSTELTN@ES[XRRMW^TGEMRZYWZ]USGEIHU__TRYXRSQKU^XIINKKQWY\`_^[WY\YTUSMNUYRLJV\ZUUPUZZSOPTYWODGPPTVTSTQQKCE\_TWRSPU[T:JVPHR[b_Z[[\]WNOXPCR\]]ZXWTLJMW]_ZXV\TMJPMRXUW[`UGM[\YY]Y[]UNJWdd^VUTYa\RQU^bcZQWdkd\Y[\[Y\^[XacXT[XW[^]\dhaWPX`^mrifmk`TRSU]`]dgb^YSYfh^UYYTSTQKS[\]\[I?R^^XOURV_[WOR[_\Y[VQMOWZXTT`^b_X[`]Y\]UPIJY^\Z[UOQVZYUVU\a^UW[[YKHMOQSTOLLLHMQOKHCGVZUTXTOKJSUUac[VRVZ\b^SNXdcXTYUKOPKQNFQWKMWVVROWZWWWRS\[NCPXUKRYTJJS\ZY[\RNWZ^c\WTPSVUW[XXWJLVOEFFTRFLLUVMQWUKJRUNLUUXac[[VMLOPOLMZfg`VY_ia[a\SXYVWYX\glkllrwvmdckic[VHKPU]YMLWZUMRRPSTJMQOMPB@PWY[YTJHECITVJKW_`]XYWRLSWZ[TYa\LHTUZ_`^_[NGFJZehe[]YLS]SKW^ZXcaUbkid`[ZWXYVSRNI@N\aba\SLPZ]PGBNPMNU__XODP^_VKGIXXM;:LXRNO=CT]ZHEKRTTY\ac`SNRNQLEAGOTXWLHFCAFYkiULNMJQVUQMKHNLMNKKK?8CHFJNIJKNJNMQUWOTXTWTMSSMBHLKJPSMPQRNKKLB6ERVNPOGPUQOTSNMD@M[WWTVYTIGO[WL>GODDPROQQPPURQZ]R>?LTQVYYNIVRV`WOSVWTHDIRX]YRILQSX]a[WSKX_`XOK??OTV[YRUTSXjnbQRSQSTZ_]ZY_ZRU[VSXTNV[YNPVR[X[]V>?OONQONIBFRW[_lcSJEGTX[[\XZUV]]Y_a_VZWV[ZXYYUUPHKHKKIV]_]`^^VJMQUUUQU[XXWT^_YP[\TPT\_\V[]WRLEHPKM]_`\NGSWOPONOPH@GOQ\VMPNFNOU[XVZUZWSVWYYOSVWUXa]XQROKNUTKMRRNUVLZaWTQPMKQTUWdh]NNWZ[X[ZVTWWNMQYZXQ\]ZWTRMJMSXSE@JFMOQTUOKHMPXTJRUSMSSSOUXY[SUVRTOOVQTWY\\WY\ZYZ\T[ZK?V`]TPV]a[HKOPWSQR^`WMW\]Z\Zbhe\S]bbb^TX[UONISeheaXbjg[TNX[W^a`chdb[[fib^[YR]a^bf\TYbbhkhb]YOYc]IR[VLTVRT``_WLOPRUGM[bjje[[_XPFJVUX`aUPOW\QIPVSPDOOOVX\YUTQX`]_`WEACS]Z[_^QBFGP_]FHW`e\MLNLMKHRURXXMFS[Y^ea]WVTX__UTTMQZZRUWSXZWUUSNV]\WTIOSNRTMKRWOIQX[WRNIPUVUOFOTNUca]ZULOVVVRORQNOTU[`ZTYZVMLV[[ZWTZ][VZREGQUSNOTUWW^\YSPTVVQIITYZYVTOOPRSPORTLHHNRSLTae`dgkljink_`ccikeba`aa^ZTT\YTWXTRIR`[TSZb]RNKRPSVT\_YRW`c]QEPTSV[Y[US[XPRQTZYUZ_\QRQTWTMMQQRUTRPX^`_TPTOLRVV[XTWhf^dlkdde^__VSRKMX`^\Xaec_ZPKLME?KHU\TV\XUYTISWWYQMUTGRY__S[f^QMWXNRPDEP[_a`^VQUZZ[SIQUNOOHJKAJMT\UGPVUNNYXJDQWSPVUK@ETSF;8IRR[_YIFNRKRJU^^]b`YYN@RWNQSQTNEHOLNORNNP\ZOLSXZZXTKGUZ^ejg]YRQ\^YQQPQQTTPHDQSPORONOHCHNKNPQOTTUYZYTKEHLOSXWXNCKLNSTMMHKQSWSXWLP[XNQSIVZRP\\VVXQNXZVSOGRZ[ZXWZYYSRKO[_\PGRYTKNTJV]ZONRPQNGIKMKMPVZ\g`MKXVRPRY]Z[dhea^[SchdZR`eaWWYWQLNMS[ZY`he_TY\[YWTLRVZ\WSRLPV]Za`Z\URSWUVWONKNVO@NXYVWSKNQKHJKJKLQW[ZYPILPLKNT^_\_\[YNHRVZXWTTTX]^ZPQULMT[XNNPF>B@R^]ZWTV[USURWc`VMY^VOS[WTOHN`aTMQTXZX]^UPLOBKPJOJLRNRWWPJITNOTTPKMIKMSSSNOSOJIHHQSSTPXZQQQJNONVTIS^UHX[]VHHJKNJOPPLGPWYa`SMQ[b_V_gb]a`_`ddZ\VMELMQ`cgdZZb^NLQ\a[V\ZYdgdbYV^`\caUPWakjZ`i^YZhgYRXUS]bb[MMPU^\TST[YLS^^]VNU`edd`XX[beZRSZ^ZQWWXUPMQUWPCNMKLMR^_XJQ[TVXQGSSPWWOYjj[PPV__OQ[ZXUMQWYPJTWULSYWX\^\bh^VUYYT\c]OVWQINUNR[XVXWOWUTYSMPNPW[XLHQXb_SS[^WUUZ[[XWWNMXLK]d`[ZRKUZWQKNTLJLSSHOORQMSW\]UQSHQYYTTV[VPRVUECJPR^a[MKSRWVH@DOTROUXWNIQUY]^WNOQUWNFORGWafonoutjjhddd`]Y^cd\RPRYYQRWRQRSXLIQX]a^Y[VON_d_[XZ\dgeZLSUR[^TKIRYPJPRT\[PYb]XW^]SOOUWQQUQFN_ig[RQORNNQWab_af]V`b^XZZNU\ZTOBT^]TSS^cii^J;>QWYZVVUQ\cfd\VSVY]^XULA@U\TILSb\CIRRRZ\ZXZa^bcXKPQRSXTOZ_TDUXIMRS^c[JRVXVM?PXQL[a_WRMMUQRZWWTSTWbicSONJE>DVab[VVRQSQNQSXXWVOLQZXSQ]^[OKTYZXV\^XVQFJ\^^ac_aZX]bb]TNHRVNINKBDNRMMLKKDHMHSSKHPQQNTWNLQSWRMVIRUGOXYVMTXNPJKNSNEBU_XALWNKRPTTIGNSPX]]WSUWVZ`^VV\UPPOHLbe\QTNOTTNQQVVHAIHRRMTYWNGITSFTJGMRUXOH[ecWZgkkbYckhZV[_[\UQVX[]XOUb^UVb^O@R\db[YYT]aa[PMQXZVTQJLUYPESVOELOOPWZSPU]ec\]XOPP?NWUQSWZZSFDAEVVTXWVZ]a^TKFSZ[ZYPLQQMTSLHMMFIZ`TSSNHC?R_\SUNIONSTWURT[a[TRSMKMRVQHclcWWWVTMPWSSSPMUTKSWMSNKU][UVYP>LVUSU[]\WVNLKUTVSTROUYYNS[QU]O9K[RHJKQ^[VSRU[]ZULNRQNHCIRST]TOKIQX\]YTW`cge_XUYSYXVVXTRYc]RLUYSPW^^]ZZba`injb[SPU_ee^TX^\\djdUYcd^RP\eeba^YST[YRZZSUUQT^c^YMMZYRX[TRXbcXPRORQKIMMMJKX\UNNRWTLU]ba]XZ]UKMYUQTOPU^\Y_^_\SVZPQ[WLLV[`daZXXTZ_[T]c]YTVQPUY\WX]]OUXY[XEQ^gecfjecbSRNIQTV^^VY\UIXba\[ZWVRXbaVQ^_TTKMVWVT[TO_dd\SHQQPMKNTYYNHKMMSOLNNKUZXUQNNS[`][UDLSIR[VPXYQKGCBJNPTTNMMGMNLUZVWSIQWUS\_UQPPZltyyxsrkedoqofZW^SRQTTJ?GPVW\\ZKKZ^VR]`^YOIQWPKRZ_bjkeSS\\Z[RRWYWZXPGISSQWZ]b`\[[^ZWMCOVYYWQU\TZZMHGIMZedU]e`VYULLTWTYZ^\[O\ghca^VRQVQOORGHVXWSKULVQNPKUXZ]YXVNHNQTOMULOJJ\]WUY`_\ZWPQRMIQXULJCNVVRRX^ZSWWXVPJSQRZZSRROR[_WJO[[_XGCBS[[a`SON?EGFG@H[cYRMMNRKFNUYTTOVUORW]]WVPEGNMRPOPR[YTOQQ[YSWVKPZcdYSTLAGVXRKIV[PHLSVQISTPT\a[NKTNHFOWZVWVROP^`[[SGPWYTPUTOPIEALQGR\ZQ]^VSZaa[MLNOUWSV[Z[^ZUWZ\[W[UPKR^ba`]\PSWURINPQNPTLKRKBEWTDLPGANZQCITSQRUVad`[Y]aYWPNLPYa`\[TJKOTXUN\`d]beYIRSSQY[WO`aYQMLIXWSGDGPXTPSXZ^YUWURMS]ZKOW``XXVURKCSZ]XUUQLA@KHPURJAHMGOVPUVTXTTVQNY[PQRX[UMQPQTUTNKLPQZ]TVVMTXVY]a\XNDTXSRK?DPN@CUcgeb\\ZXTI@DLLIAAGFEKNTVQG@EJQMA:JUVRKSURTQ@JYTLU[UIMVVYZYUPOOGEIWdbVTKJ[_YOENPOZ\QPUWVSUSSSVMMV_]PAFMRWTNU[UUWPNSLLTU^b[RQ[_YZWQSQPA;BC>KOPNJMLEFWVQNVUNXZ^WPMQPOSMJVffYKQUSOXWOQV^`YYXILURHLQF@NZ^WKIHOWZPQPAK[_QMSZ\YOXYUNCKQRUUWYYYXSIOTUQSQRNIHHD5FW]VJHX_XZ^\TRZ]TMI:BNUXZUU[[RNMPQJFBBQWYYUMLLKRZ[UWTX^O?WZQRVXOJLKR]VIFFGGS[\ZPHRXZWQUPB@EEGWVQQSPKF@LYQLQRPUTWZXY\]NJMPQSRJKLIQOGSWXYXXWVMK>NVPBJOPYW`XVLOSRTVUWceYGGPV\XXYM^d^ZZPDKTVVTVSQXdfa[`c]\_^QOPX``\KP[c^ZQLLLTUV``ZVQSOJQOR\THM\ZTRVXRHQXWRU\YVH@KSXVPUR?KOU^\SMVXZ[WY^UKSPHJXbXNSTKGOX]^VQWYVRUWVV`ZX\c`TUYQLGLXYY\UYbXRakd[UPJFLUPJPX[Y][WUTNRRMORWQHNSUO?ETSFWa[KAKW`bVX^^YT^a\VOLIKHCGSWUSPQRNOXZRF>AV^TJNNQOJQQX_b\TJTUPV^ZY[[XSULW]YO\c\VQXW]]ZWVRQVZZ_\UJFVZSMRVTYZPSY\UTedddd^[^^a[Z_[YRORVUT^\[dbSUWV]^]fjjb[]^a[V_`a][TW^][_[Z_aWJKRU`a_YIBKOY_\T[]OVgeNBPSIJU[YZZ\eb_b[SSUNB>CMUXKISVXRSRQJKRUVWNMVYVQQXYUW\ddbb[Zckhntsfajpkg]XKEJMS_b_`d_[bhlijdXWW_^ZHKSZa_OFUWUY\WV^kiVPX[`eb[ONQO]_TO[\QNWTS\^S\dni][WSQOSYYPKUVXZRQMQ[^WXZVLIKRPOYXVRHPMLSTY_ZQSVW\^YSNTXXHIU^dmkb^]TMKVZ\adWWbd\VR^^\TMWX]eifc^[ab^SNQQ^_[]caYTXY[SAIT\WOVZWPJR_jjbhokdYW\dbZTUTZ[IRc[eeQWdklfUUUSY^\WOOTUYWVcnmf^NQY\QXa[NOORV]`\XVYTOOHJGJRRNGSRJEHLR[^XRJHOMJBGRRPJFBLOMTVXSPYWXPHKTTPSbbWLS[ZTPJK\]ROVSCET][PGNWPJMPK?:QZRHPOLQTWXQTWTXVMKRRVWOKINPMOTQKKKGMRIQVROKO^g_UWYNFEOONIHKNQVUSLKVWOOQNUTEM_eZJI=7NSOSRPQT]^PFTTTQHCRSQW\_\UIMMKOT[\SOZVNRTVWNHMJEOVSPPOONNHNSRZche]^]XRQPDFPVRV\UJJIGQSW^_`]TOXWRLKVZREDRSTSUVTYZYUZ^]Z`_YMR_hcZa`YWZ`ZSZZJMXVMLLR[]TNQX^\XVTR]b``e\FGV][PS]WIEK^bZULRQNSYVPIDMW[XTX[SBNOVZVWRLKGHKLJ>GSOMSWUWPERWY[SWb\HDDABHWQBITMGECMWTQUSRDDFKOQYQUba\[TRWVNW`]WWWWU_ij]GHPQRGRTDFKLRRQQS\XWSIHOPLIRRPPPKPSMN[^VPRUb]S\WOW[VPLKIJQSNKV^`\XQPY\OQLLRQR\d_SKBJJ?OPIS[ZTNW\YUWY\cbXPWUWSTVYUKS][RJOMSWVRV\_cc_\UQKIRU[ee`VWVZXS\hopfXOS\X]_b_YV[\VPW^]Ycig`XORW\a`[]bb]WPNPW]_\NOQTMT]bbff_SGDISZc\RY^VTXTNOTJM_]PPLIITZ\WRZadX[eeTEION@BEOUKHPVWWRDJORV][XXX_a`dbROPYWZ^X]_[eqtrurc_hkngXQQEMZ`^XNOYXOZ_VQXcdaXKSUZZW\bbZV_egh^^_\ad[SSZ`bZRHR]agf_VZ^WKP[XXcilfWKUWMPQUZ`b\NVY[\VMFSaaOJTU[`UKGDMTVYMP_eaac_WNGP]_edd_WPF@FKCCWgmka\bcYU[UW`kg\TQ]b^_bdfggdgii\V\a]ZYZ`\[_]W[X\`SQQKLTOCIQU[^RJ[^TMLRTPDKNUUKLPONOMJWSLZXKPTTLPYUQQRTU[XOSMIMQPSWXURX\KBSTOFGJPSW`]X\`YIIFNVXSOSWUMMNB@KRSSSNIKNOLTSUQOOFVXWO\bb_YS`a[\[XXWW[ejeVVb`SIUa^RKGHAEMHKTONJMPPOXYOKQMUZVVXQOIBQYYXPFMPUTPUSDHRTZ]OCLWVUZ\UVUGELJPPOOMPRVROSSSSNNNPRSTNHQQUR_^MJHMTPWYVTUV[VUKGMGO[YNMTXXXSRSKOZ[UMY_\XZXTQIAMYhk`OQRQV^WQTJ@GYa\SRNQSO[`ULMBIOHPTOPNIDKXZULSV\XUXPJMLMLRURHS`^TXYZUWZ[VWVXQQVQM[`]Y[PDOUQUWWYVRTX[[\VJLNTMJHHOTUZQISbhUT]ZWUSNW_c_\XVUYWYZ\WYbgaMDHQT`gf`b\USFZijkhhe^X\WU`f]Q]a`YTNTTSTORVY^]YRJIOY[]SQ`bVOYacc`UINTVSScgb[WSOIV[WSVVTQRX]]XRS]]UNQUUYejdSMQWZWV^b[TQPUVQPYSRV]d]HDSXT^aVUQOZ`bXR`aitwm_[`faU[^VSRTSUSRMRVTSRQ\ZVZaab_X\fgabe^ZUQ]fhfgj`VWUVXTQ[]YWW[`ba]WW\ZYZ\^ZddmmeURX`]WX^]ZWSX[\ZWTVKFNSOEKQOUVVXQQXZWNIY_bfeYMEMZXU[_\\WMGHKKFRXdprrrnc[WVTdrxrh]\dhiopglnejniY@JK]dc_^XTUXVX\\Y[`]]aa]WVVZW]jsniaZVW\_`__SUbb`_YUPL\kqkZZdknnf[T_baWLOTTTZVIE[ghbS>R[^ZURXbgYMY\PRWVSEGYUSRJFNFFJKLLKOUVSINUUSKDLXYPPJ;FSRQNHHQPNV^\SGNX\USUVSMNRSYYX[SDNSLLVYPOXXP=;LTRQTYTSSJJT_aWJKOVOHIPN?8NWXYZVVZ^WSMMLQY[MPZXQYTIRKIFBITQQQMHKG;BLRWVKOQMEDHJNRYXOJMONIFEOVMA@ENNKMNLFFGOWVINWWJMRHJVUIHVURNPRVSQQNLIJTXVNEDFS[__`\TLMRSXXWVOPSPPRYUSLKTVTJEGPRNYVJY^OMTUQKMORVPV]]]\_\W]]^^WLRNO\`dhf\Z_[YRX]]YRPNUZUV`^ZTSZii`^VHOZURYV@MXQX^[]\TIQXTSWUROU_\RNICNQSRPPHL[YLDLOOMLT^[TLNX[ZXPJIMQHPWQOONRZXMY\OIJV^ea\SYZbfaQGWUVSWVWWUXWTSOSYWWYXSRUUOKKIUY`aXLUYXVTPGKR_dfd]PLLFPWY]\WVUTHDKNQWWNQ[[[VSWXVQEPUXZRGRUJNPIIOOTY^a\SMMLTZ[UMFCKMQRYVORYSKT[ZYTRW]Z\\XSOSSQVTQQ\ce_WUYWSXPOQQZbfecda]]aUOWUPX`ig_]^USbcY[RX[^[dig][[NOT_^X^c\NOVYWZW\ab\ROO\gd_WKALTVVRU]\_b`[TSTX^\UHNNSY[VPMUMKRU\cea[SZbji_]``a]Y`^_ad_WX_`]ZVWUT]]]WKMVZ]WSX_YSSTSCAMNXZRS[`bZUS^f`SR\WY`\LOOMMPX_X[^]VRPYSMWVRYUSUbiifdih^]`WZea[_`_bb]^a\KIXYV^ab`WZa_b\NGW^`_TZbe]WOW^ZUVX\]ZY_fe^[SDEUYXJEHNSRWZW[`^ZTIM\cfke[EG\a]^]TLJAGD?CGNNRXXbnj_XZ\cmpmcQKXaddhnlqpt€p^_^bnplmph_be[Z]`bfigfd`]_[OS[][^``]WYXTVjutlb]ge\]baeg`gje]PXbfg`SV_`aVZcg[VYVNTYP^ieaVSVOQX^aZY\]OJMY\SORIIUQBEHJQSPD<8GECLW_[QOSUUMANTONSUSQOEPPDNWXRJBAJWWRUVWWTOOLW\XS]`TNWWLMXWQMBERWPQQI:EEFMTYUTSBAPTVUTTJLTSKPSOMLNW\ZVUWTVYSS[WOOVMUZSW\YSNOOCCF;LOJEHNOHEJMRRNLURGDEBHJMUWOHFLURTXVRKMJUUNLNPRNSZPKTXQRU[VEEQQNG;?CB?GSVMFFJRWS\iogVFQQTWSGKPUTJPWQPSNOUYROQNRUXZ\^ZPR\\QKMMOXQH\URTVY[]\UQQKXUJRWY]^\[\WUWTP[ciia[\WRR^b^VVahc[QRSV[TRMEO[]^a]]``ZMTXZURKNT]_YLKGNMNONIJNPTK?LUPCN]a_YUSIU]VNOPOVUVVY\`aSOVWURT^\YWW\a_[Q[fe^LMMXaaceab\ROUWTRQWZRRUUQVVOQ[\[VIKKISSJKHETahdc]NOKLQTTVVV[`\PNPVZPLQJCDOUOY[XTQTQ[YQKLNU[WRTJENRPRTXXSZ^Y_VKKFAKSND=GNY]SLUZZWRWZQIPXUPTVYce]RZ]a^QYTZTU]\YR[\akk`VWZ^XUQN[YVbfbUWZdihhe][]ee`\VFLWW[\ROY_]^`UOT`c_`efYPRPMWUTUYUWW\]]```cc_XYUSTW]^RHLWXLNT[`_QOPRZ`^[[[W`e_XZZ\[Z\`[^^\ZY^^UVWY[ZY[VSRTWPT[]\cZNOYVIHS^[VXVS]bb]ZZYXTRWLKT\XW\XPPHL[__[OLPTTLFKUYTNUYZdidca_`a_[de[W^`ca^XZXRPOWWV]a]TVZ[]XQZdc[WSIMULFC@IXZ^_VTVQQ[\TRHFLSVNLPPMLBCOPX_b_SKXih[RUXVVSSUZ`c]ULQVNBIICCS`gjb]ffhjjmmaVJGQPMOSPMUfql]KUX_lollpspmnlicbhlnnidbebZTQXfh`SJJKOVVZ]lpogche[Y^cadd^]WRMZdcY\WTPWY_gkfZW^d^QVVYhsuf\^bbbiifdejVLKS[UKFIF?ABDHJLPJIE:HLDQcicXQPPLLSNBEVUJ7BJB;CHGCDUWMAJYS@AOTNOZ\SBHIGMTXVSQSVUUMELMWWOOOOJQQLQT[[SRMEQWPLSQKNZ`YRS_icOGUXSYZZ][OU_^URLMX_\VRPLOOPOOKGLJDEKPPMPNLPRPOOMODBEMWVUTJNJPQHDJOH4EX\XSONJOQR[VSU\_\[[WRNLFIIGHHSZWZZUYZJFW\\\^ZOQPQHKMBJOIJWWNOZ]TWZZRWWOSYZW]`RMX\]_ZURSWPHTTVPIV\_^^[YRMKB?LYZSS]YN@QPERafikjlj[INXZZWVWYZX]_WKHJPTWZQMRYYWKRY__XI?EKMSVOEMGGNNKLVVICSWNSYUJNY\WRTWTZ]RKSYUNQW[\WYeeZ\ULJPTUNIKS`\NPX^YOLJOW]`_^SXZY_daVS_bbR@Y`YNKPSRZeaIMWYTWWTPGPSVVVSNSYV[\YPYge]^XRRWXPCFHKF=EN]^VWZULT\bc^[SJGCMWW[]TV\bc]YW`cab`Y]fhabhe_a_YUWVOba]^\QDSiuvnh\Y[]^]TGBIQTXZWUZ\^^dbTOS`d^SVVRRQNOJS^c_XSQQXXTZbijkda]S@CT^fcYVP@IZ`ZVP]][ZSVTKQ[^ZZTNKG@OY`]ZLJVQKRQSVS[ZCITYVRLHLUYZgi\R[]^dgegf_]]YYW`xzl[[SRLRX\^bge`YUWUU]XSWONRNNUQOVTU_ZV]aaegb\dfc^[T[bbXRJV\\]]YUZ^_WMSPMW[Z`_VRV_[QIIJPXVR]daVHDD=Qbd\UVUEEPQLSSM>=QVX[bg`JP^\NKRNM[^SP^a`]THISPHKMHEMMEOV\YXVYTMQUF=BGMH=HOJJKJ9:KVWPAETM:ELG>CV[ZLOUIKE@JJJVZPLLPV^e`RSUPZ]WLHNKHRTFCHQQNPPLIVYTWYZVQUSFF<@TaaZPW`dWADGB?LQVTJT[TMOORPJORKILKPD9GLAFLJPOPPTYRNVQKNPSVUTNHNNRQKIQJ?SWURJQSVQQPPGEPZ^a\QMLR[UUVWYY\VZdaSJUSTTPHFKPRLHPWVHPUMAHRSMOTSTUVQPTQQSQLUTHNTXTLX]ZKQ]f`W_ei`U\QAKW]VS[^WR[aY\ca_bbcd^QNTVWS^ZNTUUW]TVX[aaXIFEMPOW\[RMOVQOXROKQUVWTTMMMQMKSW\^aZPMQRSQONX]_YTTKGPMLSYWT[bheaWSPOPLNPRTXR>O\[XTVOKKQ][UTVW_ca^UNYaaYHFVVTY`^Zbe`WJMVYUUVZ]\QEFKUTKTVNYikdbbTPMUXZ]`ZTNQONVSFGSV__ZWQRY]^[]YRQOTVSVQSTKOZXROUNDLHHORTSPLOKEOOV]TQ_gefc\PPX`]YVPKLWcb`^Ydgfa_X^ee\]db`]WTZWQN[`WW_^S^npl_WQQROPOJIS[YMFPVY\Y]]dcXDNRX__ZUSVXQNKO\d_WPTUSVTZ[SV_^[NJOQL\jjbaZHL[]VMLZTONPWUQWcecZYXWTPOTXXWWU]_UKW^^[[\PRWTOWQBLRMO]gZW[`gt{ysla[YYYWl‚qQMOVTLLPUagbb`TZ^[]YSUNIAITSPOSQR_aXT_acifZ_c^UVYXOTNJQSURW_^[_WXWTTTOPYQSWXXW]XSUXY[ZVOT[aaVJKOPUVUUUZ]ef^WRPMNQV_a\WTURTWRDNXTWTRQKW[ZRMA=@8@IJOPGEMPHJN^gd^YTXPMMQW[VRUQNUX\ailjbcdillnqvrgmmhe_[_hjb`^dhjomZJNUVX_ib[_gd^eiimnkgb_RI^c\PNJO[a[WNLXjjWMTLQWPGTVPSYW]cjdY]bhicdnpHRPMSOIDF==EEOUONNMQPRQPS[ZTRU^gcSRZREBGFC?=CMRUTKENVULLLLPIBFHOQQXUNOSWTOIQ[TONMM\b]X]ZUNJMRPNLAEQWYWQMEINSTJ@=MRVZWMKNROFPRHDBISUNDILC??>POPUUNLRSPNW[VOWWONPQSMBCOLLLNLJJMYZRKNRPQPQLNUXTQXZUMQPLFSSVZNHNQNI<:=M\aghd`YTS_ZOLKU\^ac`XUNPVQOXRGPROHMQYVNOQTUQQTG?T^^UKMOCHSWYYSD8KWYPIZXULVWX\\\\``LSVQS_`ULW^]YW[WX_bSER]effZPXYMYd\XRMOWVVTZ^YSNQTSPGFRPRUYVX`d^VVTTUVTQNQQMOQRQWXLKJLNLIJRMGSTFIUSOIBEURFES]\YRLQWTQT[[XSTXVTTSOO[[OUYYQSZ][YYNHFINWURUPMN[`^XZXYPXWOZZUYURQONE5EZ_^a_ZVagbZZNFN[c^UXXTGHNLDQVOVXYZWVOFS[df[PLWVQPKQTIN[\YVORROKIKAHTI>JXUPOPPWWYXU]Z`e`UU_abYVSVZ_SQTUWae`XUJNZ[\]Y]\RLTYVTWZUSWbc[_gd]UQVUOS[\NHX_ZOQHKWZ_gaTY`]^SMWa`bZVYZRTSRSXVLR]YQRWT@O`\[\[YSHQ`ccZKY_]\ONJ@7FFQ]VMUac[HMZ_\WabYVTUJEN[]ZZ_bYZ[VUY\SHKPWSPSYW[fdX\kvslfa^nollsqfTMPWWWK>O\ffcd^XZQIZih[JJLNR\_XTSPOXcc\__XU\[TSHXba]TY[WU][VJN^^^][YVSTQ@BJJLRUUNHJJKOJX^[TPKHFGS[[VNQROIKONSPFHURVTNJTUXWY[TUTPHJJOXRQSNCJQMHCJSS[[TPQMFJMRVTQRROQPILPOJC?>GGNRMKMLDHUZUMCKRUURIG;GQLE>AGLNPZ`YQKS\XRQHDRXSIOWXKDUVTYTPROGGHFKY[\ddZNSVRNJH^fee]RSPTXO>@SWQKFMXWUTPRNJWYWWTISWW^[QU`_RFAGIGGLXUOJEDLVTT]ODHXWPLQWXNUPNX[_a_YRR\a[WKLJJXWLYb]]da[ZVDM^_e`WSOTWX]^VPPRXVSSIIMMPTMKZa[MQOLMQROVWTRPEW_a]HLSPLVUNW[WUMQRUYVPCFNQTRPVYSTOR\[PVbbTMIPYWQMQNHMPZ\YTRS[YRHPWSRFLOUXUVX^[YSX[[WVTUQHQ]a_[IJQQU\^^_ZQ?;@NSWURZbb]SW[]ZQMPRSRY[\YXKMPQSUOTVSQTQV^ZRUWX`[SRMFPXYXXXQTQFVZIGSLRVRFHN^de]YWY_a_UUWY`b]QMW]^[^\_c\KNVNEQPV]a\XZ[ZQMTcb[WIR[[QUWNRZTJHO[__[RMU\`geZUYZ]]YY]WVXXWXZYZ^_\UOIRY\VKLNV^UKY_`\OQZYaeijhc^QKMMVYQQWTRUUPPQQWbedgc]\^YSNZee`[^_\URHWeeY9JPRSJ=MW[[WRUY_a_fmpmkdab^[^XOUTUS]bZTajaUbaUUV`aUNLOTIFSWSRX[_ig^Y\UW^b`aZQcmeQBWb^SV[QPVSZc[QMOTRPDCR_de[UZ_`YWVKBM\^b^IR^ccbdf_[`[Y`e`LHWa_VW[YOLJKIMPWYNNRZb]TK@@@GLJKPRU\ZTPRLKMTYWQMMHDHIQYVKHC:MMJRZ]bZGMYZZ[YX]bdcbZOJSZfjjg[Zgqla[]VGBLYZQPSY\QWb^[`cbbWMTUQXQJJQY`^bfjd\a]WTSZWNKRRJSemkfc`ikhh^MOZXWDGJQV]\OCMQLFJMVXWTML?CMNNV[VNRSXa\TKFLUOIOOQLHPUMLRQRHHPYYTQSRKJV^\UKNPRNF@FHHHHUbh_MNLKPPKLSYZ\XJALRPRWSTZYIGE=OVQNTSRZZ[_]OQY]abVRTSFAFNSTRO\^QFC.8OWWTURKVXUTY_`YXX[ZSNUPMRWX]]S@MVQV_ba_VYnti]^hhd^^ZPPGJJFW[PDEHR]`^YSVTNBPYWRSRYXK@LPMRXPKTQW_WTMNQONRYYVZa`QNX]dbPBSZVUTNURNPS[[UOVZRSUJLSUNNJICELTWOLZedXOJQ[WMFQ^d_QV]YQVOJYeaVOSSOSVVY^UMORYWVWSQRVQX\WSWOQZ]WUS^`UB?CNVZ_e`]bXONJT\SOTX_^ZZXY_\VZ^XTQPQZ]VOVZUQTTRUMHQRNQPEHNR]c^TOTYXVVVPPORTPJMRNP[^`c_[XVNIQNLNTVX[VVTLaspWKW^cb\WZVPX_\WT]YZ^WJJX\TPXaenncXY^`VTHEA3;CHKNMPRHCFF?@A:EMOIHJGDFIPUWUW[XMGRVQRNLOPTNCGR^\MHRVYVNOPXVQMLCDHOVVUWZ\UUXRG?M[\VREDOODNX\WJFT\]YTTMNPNOQLHKOFGPG8>JGELNGEKPQI>HMSPKHGGOWVPJD=?GMRJHUZ\SR\[QWc`XTWQNUSF@98JTUYVNPMMXSJPRPHQTRNHMWWRWXX\TIPZYVYQKPQOBDHNSWXZTJBVTRSUUQZVLVa^RP^`]\VV\]UTQO\bb^ZUSTY_imhXHP_qxoYT``\VX[\T@MMMY`SRTXXQZb]TLWWOZ`_YPKUXWQQUU_bXBLNIILZ`YTXVV\`RMRSQNQSONNRY`c^WZ]a^RN]^Z`d_WTXV\]SPSQKRTSNG@Q_a_YUWXVSNNQ^fbXV`[ZZSHVhhUAPRLUXYPMMX__Z^bbZMPKNPPRSTPPSYSDKZVLDGTTDMW]Z^d]ORZSGL[TK[c]OJWZQNMPLNPMLTTQLKNPMTZNHMXYUMSTE@EMQUWXRRZ]__WZbXLLHPUUITUSSRV_]PAGUXWS;48AKQY^YVYZWSRS]TW_a]RFSVW][VSVYRQULEDHPQQQTXXURPX\_^UXZRMYYZ^^WNQUVRMSVHMWXUWPMSWT[\VNRT[JRMKOFPWTMJIEBHGBGKNHFBBFOQPGKQNKMIRXWTWYWSNMNIIOMMUN?CANTNMMH@C>?DLI?BAIOBEQTY[QLKIMUURSQW]ZNCJRX[UQXXNVRHLQOFBEBM\a[MO__WONONQDBPUTQIJQIAOWVTIAOUYXTNPQHCT[[XVSLBGNPRLBLTTRSPV[\UNRLISRRRPYUSUODLLNWLIJTZPXcda\[MJPNJIGBFLQOHKPQRLNROSMJ[\RGR]_VMRVNHNTWPOWJHRUVNONUYURNSVZ`[JC?LRPGNVQPTYYUSOR^cZZYRUZRD@JW\^ZZY^^YYbfaWUW`hiYNVTPQPNQPRNNUX\d\KR]^][WWUKILKQZZOMMX\ZRTVPW[P@Z_WSUYZN@GQTTWVLFDGLUULJNVSW_]WTY]ZYTVUWZZ[XQR\`[QVVR8LZVFHSVX[VWX[ZY[V\]XV]^YXYXWW\Wck`V[PORPUVLQ]^[RTVNSSY[^UQcdZVXSJFKMRMNTTUWOMY]QMQYRIPPNMSYZTXXPHJJIJOUTLKICIRLHIPW`]UPMOOLKLRWTVXVHOVW][UTZ[OMYTPRJT\[WI[\UUX^]VLNY[Z[YRZb`[ZYcsyo\WYWWRMQLT^ZIO]^]^]RMNPJK^dbbaZT[_^VSVSUTYUEIZ_`[ZSIQTSVZ]YX^b`UX[ZZYNGSTNTXM@P\_VQQZYEDQD;DS_\VWVMQWYUPKUZVNKPX^e^PVdbSQWXV_b`VX]]ZWPJPUSSPKLVW^bXOW[YTWXWRRSPHB@M\hmeW^YNU\WZa^XajbTS]gbTRU\dihjgXZec[VWWWVJQWRZ\QTY\aehhidVFT[UNH@LUTVNPXYPLXRMUOLUYNQ[bfbWZXY[[ZVKLM@PRPKWVOLRTKFZ]T>7BKQSSNLKRONY_]OAEQMJOXQRT\\QLTTVVTRPOOVZXJBQSQPPORGWXQNSJQ_^XOKINQOOUUVYORa^NMTQWZ[YIEJMMHD@LOSTZUOLVQQTRKMLIT]_[XUVUQXUKS]RKOWZVNFBJCDMR`hg\77MZ_YO[a[MLMJAGMRYY_]UQTW^\RNUUL@@COVMKWWRMJGDDMOLKI;;;FPVVNPWSIMKLMOOVVTHAIWed^WQCHTZZZPRTQHNQOXZTIQPJOJEML>BJPJOYZVQPSTXVTFITM@RVI<<9GQUX\YRJDCP[WHBJNH:@Tb`WUUL>INNWTIHPSMCO]a]YTQNNNYb`YVUMLDDDGOSMMZXMMQABRSVXYRR\`\SDOSPLPPFAQRVACVVUXRHJSQUVV[SHIHUTQV\XQJRUQ??JSSURPZhj[Q_f_VRMEEOSNObecidZ^bWX_^]eeKBPTPMJLRYXMRVVS]XFT[XSOPTTOQTTOPOLVWUPC@GLLPUVX\TO]`VJQSI:DU]XZ\\VKNWPKPX`_]WRUWYUQNPXSVWOOTRLSQPTRQOMTQPQTZ_YRX]e\RVUXcdYTXVLPZY[]Y[cd`YIRXSSVUWZWOPTMEABBDWYQWYSXZSIGONOPSWYZRPP^f]Z`caXQPSQISZWKCGHJLIPX[[TLVUWZSFMSTY]WTVRPRXTRWZ]fdcb\OT[RLT]UTNASTKHKY]HQ[WY``]_ZYZZXTZXU\aYQI_rytdUUTS[WWXZZXSLX`[\ZQOZVUTPU`_VQS[aYS[\[WVab\ZZY[VICRZUWVYWPWZYYQ]aZSQKORNHS[]SQZ]][TJKLQYUMQ[ZOBOOJQS[UOR\\VXTKLJPTH@E>ES[WUPOCKMURMNNPXXQRZUSUW[b]XUWPLAMPMMMHOXWTUSY_]SKLGAOTPLWa^b``acbZQWVPOTLDQTMGFDIOOQSZTLLOVRICHM]a^YPJKINQPX^WMLHHMPRPNMEHOXVSMMOCGWUJHW[WQ@PPFLLMQNOXXLKMMLQYQGPPQ_^OCILPTKAN[ZLAU`\SQUY]^_[Zac^TQUVTSZ^[VSSZXVUY`a[]cdZPOPSRFEBIQTX]]XPHQ\XKERWPRVOENUTDV_YX___]TSVOQVTRIAEDIRY\_a`UENU[XHJURMMMH>FMOYb_KJSY]SKONNMKQSNSTRTQY[QFBLXORVailh^X[aZRQPJGJKPWYPUhqka`b^ORZWWY]^UNL\_Y\TIX_YVYX\^dd_YXRR\e[OSWX[`]PSWSPZZURQXdd^[_bZTYURMMSWXPOYWBJS_c`]XZZ]ZHEMTSQWXTRFGLKHIIMSOLRRMSOP]`ahjhb[RX`caVB@PPONEAEUTIOQJHUXMMOIMVR?KVROQKPM\^Z]_WRUfnmgbhf[\]add]dmje_ZVG=GIR`e]_nj]RVXS\cee_[]_cdVMOVVOTYRX_TRjk_XRMKXYUJGNWVU[WGJZNWcbbdc\Z\VMINMOWZZ`^OSZXO9MUOPTVQEHC=MWYZTNMLJ?HNX]N=?KJUWQZ][SLDDMU[X]c`YX^[WSRYXSOQRPJ>67@KVVSOQQG@=F?BLSVSWZRQNOYZO9>FGLPUVVWMF@OTSTYZYTPNJKPXVKMJEJFP[YTPQXZTW_UOFMWXYTPFCNZYTSKJMISSIJNMPOLLIKFKOOQUSKTTZ]UKBCKSPKACU_[VSQVZVKGGDKOQHPPMSYUMDIPRNKQLLLLYZV[fb]YXYYLFSUNYZMPTVPS[^WOIQ[`^YTTPV``RKNWPMPJSY^WTPOPQTUPOHLWXUSPRWXVOQRQTTLFORUVNJRD>OU[XY[TRYLIPNT_\PILQLQZSGMLMXVODMUQH?ALIG=@KRVW]ZRLQUQPSQGIMURSPPOLKNSWYYRLTZUW[WHW]\]__YL@K]^UVWPVYSMMLLSW\^WYdhaPMRWWSOOQQNLV[XKKMVYQPQPKHGOSSRRRUXWRWZXWPLYXQJKAQZRKTXZXURRRPDJSRROLMYYLCJEHPTSXPMUQV^WPIHRRPPVUS[VHNUMDQ[\QGDZacebXUVUJITQKQRJLTXXY`]VY[VKTXZ^]^c]V[]^YWRPcieWX]PHZ\[[SNR\bbXQQSX[`_YMORTVUPKQY^ZTX^YKU_^YRTV\ZTSSMSQUZY_ZQVWWLELVPQRTVPRVWUSMORY[\[TLTTPP[addaYVQWZad[UZaaXQCALW^_\YSPW[YUPGGWSJCNQHHX^VX_YW^addhnpmcb`Z_\PXd`Wab\PRUOQSQRUZYW^a^amk_`ikkhii]NOWTSUTNIQZ^`TFbnfPEGR[[ZZVJMRYa_QORPXWTQOMOQZfeSMQHUVUURPPOSRELWSSWWOO[[QTZ]ZNRVSVUSVTNSVWTOEOMJEPZ]RMMVYSX_WFNUXZWGSVO@IVYWVRJ:>HFGQOB?KOQXVXRJGJLSQKKW]\UFDN\\VQSSTWWVRNLTUMMYXXYXOMEBJMOGHVWTPPZ_[^\TJKUIIUb`]daMRRSWSSVTKGNPPSVV\]`VJDNQYZURPRZVRRKKUMJNKOWLRYWRRMOPMMUZWRTWVSYXSLEHNKS[Z\^RBW`XTTUXY_cZU_WLWXOPPOWZSJNQJ=JLOPKXZGIR[a]RMQX]RUUMLCJV[YNSZ\^c[YZZRIKTYVOKENYZ]^ZXQJQUSRTSWXVX_c_QVQOWRV]XZ^a_\VV`ZPSRNIELORZZSRNTXTSOQNKAPYP:TWSU\]RELWSWXQX[TOSE:GLUWOMQKVYLS]QQTZ\WYY[^_\ZZQPTXZZQJTZ\de`[TR[^]UTPHCRYTOQOKQYZSLRQVXYWQWWOSXZ_dlldWQWOOPRRYURW`d]QPXde^\YT`ea_`^^[WXXPNYVNZedWQTNSW[XNMBKaf]NQYZOJRYVEQ]ZTNOVZWXdihfa_^[XYVPQNIKPWUSUTSSXP=IOHIIRXUNSVWQ\\ONWKILHNUWZVS^dTHW`ZSX`[ZbYU^_e]Z\\\ZSRSSaa\]`a`VLFMKIINPPMKR\ZOKLGFHQ\de`TKFLST[_]YZRMJOVTW_^ZVVVSLSVY]`\UTZ^_[VUOLFOYQPUPNQXWWX`ll_QUUPUcaTPW[[]VWTMQWPPUNROKJNQIOJ@>MMRX[[ZXPHJJLPSVPNKKQSKDUVQQOJEMYTLNHKPVWXUKKQQNIAHHQ^WJVZMBEAEOQVWXOFGFWVMUXSRRODJYdd[UJIXYTTIXa\XUSPPNDEOPILPS^^P=PTLJLNNLLA8KXTC:=HMJCIOMPUQYZQFGV^[UWUNTVOOMFHKRVYYZYUKSVT[VQYZIDCHQSICNWRQOSWWWV\ZZYZabYPUTSWTJRRSQGOY]\^^WNKNSMRUIKNKMLMONP]d^KA7EXYVUPGHGLW^ZVROIEKMKBMROHLHNOPUTRMQPSYVMQ`]EN\YNJOYXZRJOSNR[]XK99EJKPZ\WWWSHLUOEKY^XM>EPRSUV\TSPRQGDUWJFOVVLHHPTVSRQLXZQJTZYK>LSZce_^\G7QSNPYVRWVRMPX]Z[\XKR[XTQWWPHQXTJDFTZSJRZWPPQTZSJMZ^TKWRJTVPQVa^LH^^PJRQPHHDO\krlVRWQHDLRSQNKMNTP@9JTRRZWU]aUPUTUWVWX]][]c__]NH[^RR^^]VMGTLKSZZQANSXUGAESa`[UYc`]Z\X^fdZPHPUZZ[\TFJUUBIPEMUWSPTRMNTSOUPMTSKP]YRX[Z\]^^[TSNECMKOTWY[XRSIHMX\WHHW_`[WVWWRKSQKQMP[\TPNQURM^bc^WRPNRVK>GQNTHGJCU[_[OYb[VTVRXWRXWQOQ\`WENRV\^\]]Xa`VY`_TTZ[][SV]]T_bWPOS\\WWRNTSOV^dife[SWVUSONNMGJTY_YHRY]WQYXWVUV[]^]]^ZUNWZXRVa_ZVPNRTX^^N:TZNINWXUSOHCPUWYUPKHXUUbhlhbZXWXWPIMY[ZQGQXPKQNPQMRWUQCQZYUSJS[\aZTYX\YL>FV_aZ_b\R\d]R[_^YVTSQZ[PV\VILOUUGP[ZO9CYXQKIMXZQFOPIGOUPTSLMNNNemfOIDGGOUSRSX]REQ[XUWWUOSSLJOQ[geTULOTQJPRQYTOUW[PHGObd_bc^]bedYR\fg^RT_a^NJXZ\b]VY[QHMI>MONPIHRRHDHUTUWUPPSNRUOEMFJTW]aYNPRTXbcXSUUOMNVZ[YUVXTUYXSNTGELLHPRPOQVWYUNAACMNKPQSQLKTZ^aWOEFPUXVN[PONIHKKJEEX\ZYUTTWXNJRHHRPJFLPMGMWWPGAHSSL=FGGQPNQNT\c`XUVXVUVOPUO::PSLUXTJKUUNRQKDMSTQIEKJC=MSXVSUWNHRNU_b`RXWWSTULBIRTQLRZUSQDJTRPVUKRTCBNLGNQRTVSVUTKX\PIIAGRZWPX[RKFLIFDC8;HRQOQNPMFLRKGRSQKBJNLHOTUSMGGADTWRSUZ]VHKRXXWWahbO@HKNSWURQFONC=FIJMT[][WTQJIPRPRRPJKHEBJNKMVSOTXQMPSSNC=\\hi^ZXLONTULJ?GSQLS]a_VTW]XQVUNXX[ZQNVXUUQOWXPOSQUVUS_\HHVZTKUQDVWGLTUP?GMNNQTW[[YOLYecY^d]QKNLMX]XOLQPKH?LOTXZ[\WWMR_\PU^\WSYWVXXRPVWWc]W]_UCBTZYUSVTNHKUXYTLHW\TUX[[_ZVWLPYZKFSUOPT\XZ\UF5CW`VPRVSQKLX[]]PT_^VTNKMUQQSY]\WPW[\[QEPWYWVRNNNTSQ[`_ZMRRSUZZVQU[WVOPQHEMV[`aXWVKS_^^]SPSX[RJHFASSOMH=PX]XRWWUZYFNPMOHVWNTWRX^^VZ__OIO[a\Z^cfebZPMPZUOPZa]^_XNQWWWUZYV_aTFFOVRPRNSTUZUFRVSZb\LTY\TNANVUX_W\^``Z[^`\QOUJS\UVXRUUW_`][^YVX[YSRSQNOTTQGLTU[VMZdb[TSWO@DJKTVTRUTXTV[][NDMSWSNNOTPHW\VTUQXWVXUJHCHS``V``VLKHLBDRSHHUTT\^NFLDGPTJKSTPTMIMWZQILOWXMFE?JQSD>HNKCVYRSYYWTMQLFNRJGEGMURR\hf[[[WZZWTRX\\PWFPSHOVMOVUWXVc_NDR^[_jk_MXfghji^]`]XTUWVQO\bWHDHKNQUQBJRVMDDRSHIURSTRSPOUU\`^PSURGL\ZNBJR\^XQGATWY\`^ZZ[PBMSRRXWQKGKHFJHANYWRZ_[RBLVQMJNOPPPSOU\a_WITRMW\UYWSLINSHHKFSXYVQUSQSPECFNQNCJV`XKQXVOJGLVWSEMQQPNJJQ[[SMIINTSTMJJNSQDMTJHTZTENQDFIMQPVULHJILPFFCDNWUZWMX```dcYY``XQKNVWUREMWRCDONUcc\WTIOUKJSPMPXUTOGOX\SIMSTMIS``ZRVWQTVRMNSWPNLPTRQUVSUPORUVQRRJFMSPIJQWXXUSSJJJONRUPEEO^`[VTWVMFA=;GORRSWYOHMMSXRPJBGT[\NBOPTUWVJFFHOKGFOXYRLJSY]TMNPKa\\[Y^aXPUX\WKMQTY]^^a\ICLORN?EQYYX_bVMLIQ[ZTSMD?>IWYMRRFISYRLUWOIMMQS\be]SQVQBNVY]YW\d\W[^c_VSSOVVWQV_YLSTWRNT]``MS[Y\XKRXTHKSVXUMHCCPORRY`c^WOMRWYVRRRQW\^`^VQTZ_UQ[[TX\XNJX^SN[[VW\]YQ[ZNIPSZ\OCNRSU]eaQWUT`e_WXNTYUHOY\YKLTWVZWVW[XSRSTSTVXXY]e`SRQRVYUPMQZWOQMNPLJCELNLUOGIS]]WPRXWLEIMGOU`b[IE5FXb_ZXX\aVPOW_ZNMMLIQRW]\^dgSAO\db^`]ddXSQLNXZY\YVVW[b]WWZ[RS][\\Z[TRYUVWSVWWVQMSX[\]\]ZZ\\TPPPRR\_VORTPV^UTRRQMESZULLKIDNXba\[[^gdWTVYTV[\[QVX\kl``bYKSOLNLMJLUVSXYVMN]^VTPSVMLS\c][\\RXWVTNHQQJFDHKPTYSEUXNIKIPRQLOT]YOZ^ZRWT@>QU@HXZRXUMRRII?6ANLICHJGIE:BOOMNQRQOTW`]VQU[UTNRZNMWZ]bji]\ghf_Zdif`TMLAGT]]UJIPVYUT`d\MRWPUXZUJ?LXajg]WSP[XRT\YW^^N>GSWHHVRINY[QH9=PODELGKNSVXYX`geYSJLLNOMMFA8KXXONR\bb_bbULSNKMTSQXYUEGLBIOIIRRQLScibQO\]SKEISUSVSKDJYWNLSVZZR[VE8?ISRGFJGJMIBIRSUQDEGG@@FKT`_WJQUUK@GVVI=HSPH:BNIJSZUUYWRRMJGJC.7HQPJGCFKGJTSOORXNIKMNVSGJNTUPSVWQLLWef]XYWTVWQIGEX^XOMMPINUQNQSYUNYZYQJMOQSFAHNTTLHPVK?JIBLSYZUGRZUQTQLMQPNPHJ[ZQUUMOJKW]\W^b_PS[]WQVTVSJQUFDKKPVSOEEIPSMFIPQKKNKHRZXNJKMTRU`XRY^XRKQWTTN=BPNMJC;:ES[ZZYVREETTV_ZQSUGLQMPJGJRV\\^^VCHIJTZPDFJKKHNPSSMKWXKDPNQXXUUX[SHFNORWQWaeig``jmhcbonaWNHPH8LXZSTQVTNVVORLGRYUJFKFHS`b]QMV_]RVWNKWSSX[VW[[[ONSEYigXS[bXQW]TNWYLQYTNIFQKKSIAOWRMTTQNIMTOE>CX]ZTRX]]ZUMIXc`WACOUJNW]VQK:EMQUQKS[[bNJHKQTGBEP\ZHMX]]VAEORQF;?PULT^]WNMTPPX__YTKLRQJBEJKGIONWXNMMB9FQOFEGIMOSSTRH@@GGC:=GJLJLQRJGJGFGelf^]YLFSXSSMBENVWT[^[VSMPVWVSJA;EPUQV_`ZTRV[]WVOKQRKGNVVUTNPJPRRJJQTKFMSTH?@BHSVTMOVTJB;JVVLGPUSH@EG==EOKAM^\OQSOWWMR^`YGBIXaYQOQJMPVSQPOSSTV\aZIFLTLHPSMPIPYYWZalicaVLNNRPNSSWUCCMNKDLUMOQWX[XVX_bbYPSMJOY[WYNEROCHLLO\^VEVWSUXWTHFJLRTY\XYYQ;BCOVRECJPRY^\WRRRSRQJRUYWNOTTNOOFGGMQKNQFJRU^\TSJCT_ZIBSZWTQPRXYPUXWPMSSX[[ZWV[ZRRMZ`WX\PLJ]`Z_aWS[YQMMJJHKORYTU^`[_efb\`\Z\__XX[TLNRPOXZPP]`WUNRZ[RDSPCHGCNTQKRVY\^RO^cTRUONOOWUSJK\ZMRXSJLLTMNW_d]WPLU[TLJLSIP[WQTRLLPRVjyvbXRS[WIQXVZZPUSOK]RQPPLR\]^[RNNOPPRS^c^enkaZTZUGISMJLELRSV`c`a`_UPVX\WY^UIP7CYaYLMVPW^_`a_URSTONPQDFOTPY`YMQMDKWXTV``WHIDBBGMPMQ\`ZVROSX]MDFKRB=QQQVaij]YXafa`gf_`[W[XU\YKIPOMOROU[a^WQKKNWWXUWVQNFAOQSMMPV`cYMMSSVVWT^_UQOSQKADTZWKRUPSVURLNNKLB=JU[XZZPRTRYVQ[YQUUSTTMNPPJITbeZGHVOH[c]Y[\TC@NMLJK`lj_UkkacolnrmdXF>MZAFPSLBIJOPOGAOSPKNSQRSSPOURPJPQQPQPQSKNTKQUXSSV^d_YWYULJIKORONKUVPZ]WNOG:FNRRWRAAIWYQIPKORWYUQLPNPRSOLX\ZVSZYRMPHJQQMBQVVSJDNRIDGHNSOEGNW`_SFIPIESWRTN??DFGTXVWURYZUMHKSQOQVYOIQKJNRQPLLQUURQW]VOMGIIHT]YMQRVQI^llgkxv_NRY[OJNST]_a]TQUUXXQTZ\ZZ_ZOJUQQJIOXZUPJKSRNSQRNOVUU\_YWXVNKMNVTONRTZYQNNKMPSPIGNV_^UWSRRMQRIPQKMUQKLQTMEKNKIGQTRQRTZ]WY`\R[WLCR]`XUUX[[KLNKHOPQYTJY][ZXRMIRUNNX\_`^\WUQI?GRSLOPNR\^QSWQVaYPahf\Z]dlok]LNVQSY[\VUURZc]^YY_][WPANWLIVYSU\\VRTKKT^VXWOZ]XTY\XEPVVZ^XVYYXOSWdg\TUXVWULPRVMQZTENOMLX[_rƒ‚n^XQXZPFGEQVKPPJHWRROKMNS[XMTVZWOKT]][ahldTU^\UH>OUQRUWVRQ\[X]abaZMKT\YZbecVY]\QIFS]_\TQUTJGY]WJHQSQKJLNY_ZROQVSZWYYYWRT`XMQVMEOYZTS[SX^_UUTX_`]]`\YTRQIR`jqqkhcXLMSNGLQWVHOQUUSOQ[ecXSROPV\YPPQXZWZWQSRLMUY[SUZ^ULPPNVXWWSIKXXX[_^YWRIMXUNXTNSPQORTUPMQRPMINPV[WVOIGKLEN`cI:P`bVPPTSOSbhkdUPTWZ\WYR_nni][VL[lpqqf]\ZXQ>IEBTZWUOQWXZ[QEMKLZ[SSQOSZ^ZYXNPUY\a`aaZW]\QPVWYS@UY[XQW]YPONNPXVN=4COPONMPWbe\RZZRRWZOFKQQTT\XMOVQ@@MPS>DTNRHL]hdOKPPS?M^b][[UVSN]hgb__^^_XIJPPMPWVNKLVWZKIDSULNTSQLOV]``THJRQDAHRWSLJGJKHJJMLGKQTRPY]][MGFEMLGNHOUQMHNRSK@OW[WROHHYYMEGNQQKGOXRQOHMZ]\YUbi`JLVZVOKJDEKRWPLKOSTOE@HQW^UDHMMMGS`\X_^UMNLNYUUWVVZ^YV`]TKOLHFHLF@GHKLNTZTJNPPO]^RKAHU]b`YVVRSOHQQNWPKJQUUOLPRQ\_SNPLJUWPJTSJVXQPOLFKJGHGLPQV\PGMMLMNRYWNKMQWY\gjis„„oYTZTIAKUMPPVUROPQOSOLX`\W\[RRUNSYUTRZ[YTOJOVSQMPPWWTXTXZWWLGOPQQLHPV[[WMILRUQ]`R@LUQS\ZUTKNPMMPSTQNJOdmg[TOIFKTSQNN@MWZZ[[QMVVNIKRSRQSZbb]VS\^Z[\WS]]VUPMIAHPSPTbf^QKITVTRRPWUSNJVbaWVYWOLPP]heVOYW^ipjb[\_]`_ZTWVKJZYXZWSV]\UQT\WU\^ORZZUHCFFFY`YMTbbWS\c`TUUSVSOY[VTTTNPXSQJFRROODKTSNKQPMKWY\bXsˆˆufcYMQSLLRNKWPHSXTLNRMNSQS[_^\YWRNOW\YZ]dbSM]]UQPIIT_aXMTY^ZPXa[SJJQSX_`abc]YS\[OHT`aXJQVZZOX_\QNVVXYTRTYX\\UQQR]ZX^d`bc^ZZWG>FPSQMVZYWTRQSPV\]_`bb`ZS^c\S\^cc]ZTSQPGLROKJO[`ZSMHQ\_XW_[NSYZZQONY\YZVHNVNLYYTRYRNPHP[UY[WRZYQSYacaREQSGAPUV[ZVSOUOSZYT?9GIMRJOXWRUUMGMNPP[aXTVZ^[YVRW]TQ[ibSHP_cgid`fcYWXYQDR_ca^\c_XSPIOVZ]XW][UYYSSWKUYLKVTRONOYa_XZWROOY]VW\[QV^\XX[\UKRUSSOQXZXTRVR][\VUYXRXWLDOQX^]ZRQSPFMQBETYY\__ZUPQG;HNKFLV[TOQMNOPMLM>P_caWTFHJQWWXdkfakjbWLPNRUTSTUTSVPN<;S[[WQPNROARaaVPQXVHCQXVTQK=@EGPQPIDO_^SDMTVRMOFGNHLUSNOKGAGPQOKMSTU[\WRXULLTSWQMMHPUPGOWXY[ZURURROQWTFJQMFJIKPVVODGIGOPQTVNJUSPVSNQKVjlX=LTXULHNUTOSZ[UX\Y]_d]X\a[ZXUQMURITR?AEKRSVZ[ZSXZZVTDRf`GwŒŠoHKNOMG@BBGIWVKTTLQSVYUROVQFLMPR\YKECUYVMEMSWZQFDFNP[[TOR[[QXUQQLHJHGNX__OERNJMSUYYQTSELPIGEQSZ\TQW[_hiVHX[PPOORTVYWRONDKWW[_XUZ][[P>BPQQXVRRXaaWWccYYUKJSQMYc[USS\]WRSVXJQ\YLOTO>=PUWWTPMZWW^`X[UPY^[W\US`cZRU`kkdTT_fbTES]RLM?CLNOSOT]ZRWVOKWZTRTWXZWQTXPEJXaXFPPGCRYQGIIJQUMJNLFCHJEPQTRGPf‚Ž„kt€{pcTLMMQPRZSSZddchgbYLED=BS\b`^\[SJSUW\YHQafdjfWPTEKUZPIYVOSVPFC@EW_ggYNFBNQX]^YXNDMWX_d_VSUXSKRXEJPQX]\\[_cb[]YOQRKW\UTWIKTQJPTKJFGSWTSZ`\XURJGKPXYVRSONV^ZS]^YZ^QYf_LRUQX]bfg_[VQSQ\a]XPQYYYTMJSSQL@LPPIOMKLIQLBQOFSQLIBDLYWL@Xff]WJHRV\[VMFKOU^ZQT\]XMWWI@HNLHMTZTJQJ>LKHWYRMJNKKSNGPTQZ]]VRSTX[\YUSPHR[^[URW^UMQUOO^cYKKKLJLLJNOU[WQR^b`WHERZTOMQSNQX\^ZLM]UMPJN\\HOLQNJ?9=ESWTSQVUSI=FTKDPSI9GKLWROLJJQRQWZZTUPHKPQOMPPLELQRTUQOKKRJEJPQJHJOJMSWMNSUVSULKflbUQKMONQRUWQBVYPMW\WVSXXSNPXZPNVRLMPXXX]UJDPY[YPCKQY`^RDNMISVX^WRUURSSJDG@GPTNNFBSXVSLGPX]a\XPCOVWWYVQPVSSQQRXXQOTVWSC;KZVQLIFLPSMGFP]YJIVPJONJPV[[UNW]X^qxhRVWROLJRWWQLKOVRUZUMS^\SY][UMNQVZ]\ZSZ\VRY[ZV\YPFOUZaccYWWOPY[TSRLT[XSLQZ][N[ecUQQQOT[ZTYYP^dbTQ[a^WQX^`cf`TLPNF;R`_NQZTKNQIPU[`]QSQLRJGSYSJQXWRRQK?ES\\REDKPVUQOKJEOVNLTJCCKWZ[YWX\a_y‰€qsvgYSTTJENUOQMZ[X\i`___S>CIKOLWahg[UU[_\fiSWjlffb`^`^RLX\SONX_]\_\`aZ^dbWQT\XURWYWRVWSJZ`SJTVRSVYVdb^][YTTV]c^[XKW]]UQUZTPTYYPOKLPSS]e_HQRHFIPPWWTP[`XMMWSW^a[PJMNSSD?FTWZXVWREEOZ\UW]`^RFMJLW[YORZVTS\bUY`]O>EURRVXZ^`WZ__^[ZWQV\XQVYVON\_Y^VQ[^][YYUPV\WXVQR\PFR]VR]\UQV[^`\[ab\]d_[^]XPOW\^]^[NWb\PCLXZRRVV^]MJMINKTZSMTVQT_\K?HSVSRWSIUWJKR[gkbQKTZ`d]NJGDNPMSN@EMRSXYTSNLPPIR[YTVWVRNLUYQKOQFBA8FUUQVXVPOPSSQUTNOTPTUSRUVRVPMRUOGNKPTUVUGHMRPMQXZPK\ccZLDRZTGCMMECHW]\VW[IGMMQTRMOJKSXWJFNTSRWTV^ZKDFOSQMSWOFELSTNRSWTVPQSSPMOINMD?EPTQLHALUONUXYX[SMMTRW^]SOPSVXXTPQXZVX_\SNPUODQWRY`[RPTTPQVSYYWYWRXWHMOHPZVW\WSOIJ[`YL@@FPWZ\SJLLMTVWVPPYUEEIQX[P>MZ^\TFEHLRTYUQ\be`VIMEJH>EKPPPNLQUZWYVOFOOPNPPPQQISTHGMX\TIQUSPUW[[K=@IOIOKNULTbaOO[]UK[eZWU\jjdVJN?=FOUYUNUXYde_T>S]\YZTFOUTUVWRIPYYXRKCHNJNQD?FOV\YPFKHKW]\\VWXX[XNKTZZUHB;FSMKRPOQQQWXOEIHAKTWdkgZJKLKJROFQ_effTISM;LSRXYW`fbUKQOOOSPY[RHPJHNKNUUVZYURSVO;I^dWEGKIKMOWWSQPLGFKMOY]XXZTLQRQDFZ``ZUOEMUQXUHT]_W?5DKPPKNBG@DJQbc^MINKIMMINM_XX]^`\WSRTPJDFQ\a\MLOOGHHJPTWTWWLGJSUQPRONTRWYRMKJGNG?QUSWRMXZYYXVZTJDNX_^^ddc_PIU]baPQPFJCDHNLHV]^VMTVSKJR\ed[UQRSHGNLGCCJU[WPOMTTTQILSYPRJCHRWY[JHNX\ZZUL;:FFIMKDFNLKIC>CMKIKPQOLURFKLPNMN[[RLJICIXcaUKDJH>ELAIQQTXY]ZQOIJCIOPPOQXZTNJQVB>T[YTNOGJMXY^_VQSNHKOLD87JOPPORSPTOHBIQVVSPSOLX[\ZTTXZ[QTURIJRX_]TSOS[WV[^`[VQZZNIJKIMVW]ebUDR\WQRUVW[VPONGFW^WJCIQUSTVRLIAAUX^d\PSX]\MN]^``a^XV[WRTTRKRahbWTW[WUNFHU\XOMS\``XVVZZYXMCPYZUCDQUXUMOTW[YLQ[XWWQLBACDUYRRRMMLIJTSPPVWUYUQTUTUYXUXTMSWTVVQT]\XPPWVWT\c^JVdfZ[_[KJNRUUUWZZ`URUZUXQHSVPGGJOR]dddVNNQUQNOOOY[QPRLMHWa_TEP]\SORZ\NMV[TQOSNP]vws…ƒq`VU`dZTLS^f`WHE@UM`\[_XKOW[a]]^QHRYVTWZMUba[KKROMVbddaWWXUO_b]]`_acYPSTUYTZYYW[_\Sad^VJJ]]ZTSWWXYRNMDMXWVRTZ_a^SPNTUQVWLC?CRZVMRVXVQNSMINQYZSPLCUZYQMPXOUhhWU[WRGTWZabXNMKIMVSMRMJSY]ec[YYZQP__[OM]\TQUVOQS[]]abVRPOGIKO\_]]VKJUYWSVY]^SCPXUKGNWPLRPPWZVVWPVTSR\]YXUWXMP\]PGNNNUZ`[RHJNX_[HLXZYZVZ\XMNMHQVXMOGDMZ]OOY\WVIEOTTSRRPNWgnke[Y[TH=FLYegcYGHJKHLMIKTTTTR?EWVMNOSSY__\^[ULAGMMJOKER__WY[WWUNF?7LQPNGDCPO@>OQMCJROPUQS\^YKHIO\_VLMXVMG_ih\KINNMRW\ZNMKPY[WVNTSUUYZR@RYOFHQTE>PZ_]YUJ>NWTOXXLNJOWTJILFKNOJPXWMBEJNKJOIFDKSUNMOUSU]_\LDFQQSVSPIUJ56PJOPORWYZYZWYXSOOV]cb^WFLZYJOVYXWVQQXSLMQSXXTRROMTWQLIR][OY]YZYZ]YQRSW\\XSR[^^YZ\W[gcVOSVPBJLINYYWQMMUVVPGR\\XQIGW\XTMH[d_SV[]VPNXYQOQXXMAIE@PV[]WRXTPQMVXQNZ[XQVZSHIJTL:SVXXYbcaZRVXY[YONKMQPNV`\HPVJAW_ZBHOUWbc_`[RQUQOML@DMOPVSRY\^YVVOIKIMYdc]XSNCFQ[ZUEKXXWYYX\VWWMNWY[YPe|…xdx~wgcibYSNI>L`_PYXNQJ`_V[YNGOZ\V^\SVbga[_\UYY]PIV^Z]]X^bc`\\ZSZOL\cba_\PPRRSXUVVQQZ[XV\YPU]g_\_UFRZYOS[\`ec`a]RU\YSQHIPQPSQLNRORPHDQ\^c]ZYXVWSNOUT?LNSTWYZVT[XLQ]ZPU^^XVPIGMPPQV\TCGNT[[ZQS[`ea[ba_[NLSZ][VUSFQUVZ`\UMFKMFKX][WUQOOQX^bb^SJA@JMVULOGQYVX^[VVZV[[UT[XPIKRVPRVTIOZWNOW]^TBDW]TMQQTXSKSXQMJRSLBMMADLLJNQRLUTQ_b`ba[TUXOP^hhc^WLQ[TNNTZb]TSVWZ^YPKRVSPZbWMMQTJJY_VRXSKPY\[XPGPKKMLYc^QUWO@IQKCBMSIFQ`aZROPNFRQFLQORELQHEIILPOUURNNJIT_WKHLJKMTSNPQPUZUJHNTRJHSSV\ZPGPVSRXQEMY\OAOPOPOOMLOUPFS[VOEEABMJIQP>AOPME9JOORH@@V`^RFNVMJPSUWRJLPKJV[\VTekdYSLKIGFIQ[WLGQTXTLIMOOHHSRILIMWURJIEDIV[[X\[QMMZ_UJLUWQPVTQS]ZQJOVWNLOUVUQSUZ\TONNTSQPLNNLNNKUVOMNNSVNSZTKORNPQHEIOLKHHPXWFOUMJMOHHQPYQLHEFN[^]\[XWQRV]]ZUOKMLRTYVUOKKGHKDPYRMVWQUZVUQW]_[Y]]\ZWXXRR\YSWXQQXWSUZ`fcdUS_YMUVMFHHQNGX]XPPX^]ZTQRUTOJVXZYTTW\YTRNKTRGEJHHQ_]\VKFQU`^PKXPHJLJR^e_PSZ[SOUUMKIOURKSY\XVZ^_WNPXZZQMLTXTGAS]\OX_THS[\VPRXWYWU]_\b^UMOPJKKIEUWK9;AIUTPPSH3M`_[XQRZXQIS\]XJP^d]Y[LFLISUUYTDkƒŠ}dlzoV`ki^TMBFFOQN\^XSJMJ>MORS\aa\TNLNXddUNSWWX\ZVV`edYS`egid]cif^_jqj\Y[\a^TOMRTSPRS`b^V]WW_`]]\ROQVTQOQ^dc\[]UNIVWQMMLGLUWSNNVXUV`cZNSUU[caOLRUOIIHPSOJOX[]bc^TV_]RL[YTQQRPJJMRVYZYZXLQZUQU\]\\X[Y[_aXS_`VHMW\[UNOTXUEBQWUU]cXGLYWPLJUZQB>PWUTROBFRNMY[VVUTOQSYXUWTRMIRSMJMY[VRMUOK]bYPTQNTVMRXWONTUIBGKHNRKOPC:CDBBAMPR]glmeZSWX\\]bkmi]UUXSGO]aaZ]QJTTJUa`UQ[__YX^YUZWRMLX]WW]XNGTZWX[[TQUWTX\\MRZ_YVWOGNYUHJQTTQSWXXXVRDPVPIENURQUVRXUPKLLOTY\WSJLMJJNV]VGDMQPSRRKL[\VLKKK]aTB6EKMCHNLPQNMB?NOHGQJGONRQF@RXWWVQOL[e]QGLUYYPMQPSXXOIJLJWf_F@PWPJMIHJORHGQOTUXb`P?MPJ@JUQPRNH;>=58CKRJIHLVSOQXUDHLKQSXWOGFILVZYamj[RUUQB1;KX_ULMQNTUTSPTRRUURPHKSSTPOPI:7EW]WQQLOWYWFBIESWMMJJEPNPQRNLGLKMPVTYYSUW[\[[ZXVUNNSNAKQKEDJZ^ZNQRPLK=GQPMWWQIA=:HY]N=KHCNRNBGMQQMOQD5;EOLCHTQSYVVYXZXXURQZ[XTYVQRTQUUQOINOLRTUMRSRNJGI?EDLTOGOT[^ZKLRTRJM[XSPQOZa\`a[TXZZ]frkaaeZYZUJR^aZVVSU[]YLLTX[QZc\HKUZ[]XX`^TFF?ATQGLSMNVYOQRQSR[_PCOSVcg`UUZUSUOWcc^KKSKOPI?IUQBCRTNTZ[UZa]QIEQW_XVXVXXODCOVKEPOKKJSZ[[YV][VQIYfcSFAOY]YPR[]PDKUXZRKRVPFAJWVONQYZTKJQWXPTWSFJUTUVSZ^[LPMj~ƒw^†—kYb]UDJNFFRVSNPXPKNTWTUQSY[Z\^aZ^bc`_]_[Y[]YTUOYa]W\ba`^ab``fhkjdXZdjkbVY_[XY]_\]ce]^]]]WOUVY^]SENZXYYYKMXSJNZ\]XVYXMOPMPZ`cad^][UEFFMZ\PPQSOHAFPQLTPV_]X[WVUWRPMCFVWRPTNLSRPOMVYTGLW]ZS[d]JHTYY\a[SWWNBITYVURPRPTO?LX]]]_WAMZ\YXWWRIJMS]_YXWPMJKKRRQK[a[KS\WSYWY[WSQPVSSUQLS\XQXYOHNRWZXU\aYHLUULSWUQY_\TNKMGB8CQKNU^qxtbXQ\]VZdfdZQLUW[dcSO[eh[ILMKWVRZYXZXTVJGNX^\QJFOSQTWVZWSMU\YVQSPMKNNQQLMZ\]^WOPQOLQU\ZWORVOGOSEGVO?BGMMMKNRW\]]]ZNOTXQIW`^`eaWOMDHUUORWWURSNNRT``XWVROLPRMQMKIMMGA=6IH>E@8CDLMPIPVTPNMKJkywfUV[X\\OFPV[^XTQIOUUM?EGMPUL9@CFLHHPLU\YVWTTZXKHKMJKLMB9CGIPTKQPMD=;LPNQWUQOFBNadXUVNKPSPH@LQLMKBJF>KMKPKDMQPOWVUXYVMMQNIJNOONONGKOKIMNQNR`e[NTTMCJIMRI>QUUPMRNFSWTKFISTMTR@HKJNOVPGTKHPLKVRGORY\VWRNMJK]_VNQOGDEBJPQQTZVLPRMFQWWQFAH=R^XEMWWX^a`[[UYd`WZ\TNSVRQTYYZ_]USSOT[_ac^UXY][RWSLPQZ^WRQRVUMKJWZ^a`_]Z`edSUUTWZVPTXQVcg`W[`_UORSPPMWSEKLGK_gkh[KGRWXNPVMNQQQQNRZ\[Y`^XWWMKW\UPRMPMLQUY[[\X_\TUSNWXIAT^[SO[]\ZUTSGNYZTLOTLNVMMROQSXSHQXYYXVPLOWUNX^]TLOQTX_Z\]]XSLDGOPN\_ZILQ>8JNQSXXW\^VKPNHQWSZ_^WU[]ZSMHJQICFD@M[[UPWXWYWLIQOKLUODT]emldc_\]ehhcZROTSNM\`XKS`eY?OX[\WRORVWWWVL=MLZe\TSSUZULR[[SPUXKPWZVLQXZ]XUSYZ^`][ZSR^ggcXKMQNVZZXSJSUQHIQXZQMPQWY]`b]UXZM@LW[^_[\WG=HMS]`ZV\`e`RMQPJRZ[Z^Z[UTVJ@7FQMEEGRRHCLMMHHDNSQLLSULLKYbb[WVYUW\VPKMNRSPKIQWYRHKSXZZLIKPRI@FMCFHLTVPILSK?]e]RPLKRURRONQQLLSNILRXSMPTPMPOMOQTXWULN[TLT\YIDCGNMJHHHNOOJE;FINUX[WRMFJORSJLQMJHKR_bTR]UNJQOJHQOBHLCNYWJAMPUYWWXZYZWQPPW\\]ZSLPVWVVUWYP@HKBMVVQUXE>IUUOSSWTOWVWSIDORRWZ\ZL\aYYZSMMIKORPPNOOW\_XWad^USKUYSOPT\b`^ZVXWVYYXXQLTROOX`ji_[YOHIQ`bZS]b[VWUNNT]b_[`c_]]WRRTQWYWOHJQW\ZYRW^YNFFKPSVVS[\XOGHNOZZUSMKYVOXa\XUUX\\WUQQRKKUXPNSUZ_\PLFNXXVUUN7CRPVaaYRZ`]UPOTTXVG:SXPOXZWNJQV[Z[`fe\OPTOOUWYYZXXbrsfTo‡†rOKMRVSQM@9AIKPUWMWaUY__XV^]O[]WU[YYYYXTMR^aje[YTMLRX^fbPUbd^PLT_e`ZLEVWKROJH;R\VSYYWT[`aWTWVRQQUYVSSQPPOQV\ZUMKOZSNSSXQLS]gdYOUWFPXPFJDMUSSWRKSXYZ`_VQXUY^^WWZTGORORR^ca[ZRX_`ZW[\LNTMMKNRYYRKHGTYWVUW_[WWSSZ[^]MCFTUZXXOLXac`XSOW[SRNRZ]ZXV[bdXNMPUPWa\PPWXURWXNIOW[[YUVNHNRRY][VUVUOR[TMOQPJF@MXWOJPNTXYONUPKQWUT^bab^Y\\XT]a]ZZWWRSVRKIHCHTRRXacaWKLG@>LSTVLPVVWZVNSTXWMFIIMQXYVVWWYVKFKVYQU`^WRMJKZ`\SXYX_`ab_bbYRHFIADEPQRRLNUWOGPVYUW_VEJORNVZRKNJ@<;J\c`X[]c`ZLLIO\YW]efbPJCEBBCGLQSSWVRE>JSRLIFJEJV^]RHMSONRX[\VORQKKOMNZUNHJQTSLHNVUPJDFOXWMGJFFQXTLJILQNN_g`SPMIILJRW[ZWPKVVQVVRQOSWNHHMQWZ\[UUPGHHHOPKPTRJPYTJRXPKIPRKEDLLPUQPLONQVXVJGB?=DP[ZPQ_WNSLC;?HPNQUIHRNU`YLGNJBQPRRIIKNOLNHDNNJGKNKUUTWVXXMUZRRTTOU[YSRX\X[][[XZ[T>FRM@?FIFQSPRRKIQWSINQKT[ZZUVUJO\[PVTLLTRSULTbbWXXQOSSPLS\]XIDTTUYWPNbqsdX^b_bc``YIGPOT^cVSYXVPKM\cgcaSN\]UMGGMS^gf\bca[UPNPOVOISXMEW`a[PLQ[VTXPNS\a^[ULIROOTX^aXUOLVWNEPS]_YSW^igb]ZTHJQRXUQWZUUMLW\ZXXKD>EGJTXZ]dhcZPOR[ZZ`[LLOJHYYQ@JUUTPLHCMMGLW[]][RQ[[Z_aXOTW_WHPVZ\V[ZJ:HRNIHX^WTXWNNY`ZY\WXUONPOPTWQIAKRXSJMGHGHOPHJ[e_NN^]RPQGFIRWM=O^_UJHQVTPS\bXU\SMUQLRTPPQXRUWXZWSROONGCMWXTLIDAMOR]XTVQTY]_UGFRXTJQXZRMGDGNWWY^XRYSKZ``]`YY\ac[VXXONS]bc`XRVZQLOTUXSMVTSSPHUUSTNQZ_da`\UNRVZ[WSU^bdWOUXUTRH:ESYYW\^VSVXdh[=MRURIIQZXQTOORUZUVYVSZ_YTZTICOWSKM]_WLQPOSWQGEGJJS[`\[WRGR[RFMLJC=MW^[V[YULBRYXRPSWVXRDOW^XLTYRDBMOJLOLHHNNPRKJPVSNUZ\\W[^abcYUTZZWXTRSKJRQJP]c^XYVIEGKZ]UMKCKKJV`bULRNI^^V[XSEXggXCKJJWVKRVYVLCDCELKMU\edb_[J:@OSSVWYVUQHINOIINJHOUSIEEIQP?JRK@LJKHET]Y[YRNIOSZ^XLSQXXMBIJGGLQLMKMQJMQOGJJHINNPOHGMTWOONGHMQOLNNKGLKKHKX[WNKRSNSXZ][SR\aZNMHJFUY]`\KPYIRTVTSWY[]\_\U[aYPZXYOSVYZRSYTY^__YWTLVZUMIGLUSLQVTX^ZXULHQYQJPVXXWX`fbXURSPTSW\\ZOM`f`X[]TPR]YUV^\WFXb_`YHKYTJHJLU[XRZ\SHQRPKT`ZV[]^VEEK@KXXVOPXWV\]_^_UQZaf]IVZSSTU[XSYWOQSQRSHQ\SSYSKIU\WU^YUWS]aWOWOLZ^WVSQX[ZRJDLRQSUPKSXWPOWXX]_baVRTP[ZRUVXRKTUUVPNRUYZVWUWQ?EJNNR[[WZZMGMT[_^WRKKOUUXY`_\R>8HRWPWFCNUSOVTKBINRU^\TW`b_\ZSOR]bXRQXYQT[ZPVUQLLKNYVGLQOINY[_[Zdjg`ZKDSYTSTORTOCAAG[cZQ[\PSK?^g\UaYWSUX_aYQQMM[YCL\]OK_cNAJJORNMVOHRWPHGLVVQQEETad_[\][[TIMSX][KASYULGHPPL;FPKNWUPNSXRNIIOUNNWVRQSQTWT[XNRRUQLQSTOHCBANVX[ZYXTL@LTUXUVWNFJW`[MOMJJQPVVVOA:@IORHPWQGKKEFPPPPQTei`LGGGJRWUWTFJQSI;@GNRSTPGNVRKCFRQLABJRLEUTKPPGFMJIRWVPFCIOKPVRJJRRMIKNKMSV\TNW]WLNPALW][XZTJERVNJGLMIKRYSKNMHKWWTLOX[XSRMFEDO\^YWRMLVYRUQBJQHHMRPIHKQQLFILDESWSNIMFHSWHC>GXYOR]c^XUTSHDWc`RKFKSVKQUR]_WUZ[`VOQLNVTTV[WVUVUQUWQMDJQONPROSNTPGOXUCAFGTZ[UZWWRO^lk_VUQJPXWSOU]hnogSR_^TW_XUSZ^_a^[Z_]VZa^TSRUQKNRLQ[XV[VNWWWbgYHH>KX^__]aYRRQSXVSNTUV^aa\VOJRZVJJUUNFNORW__OUVIBPNRVXRTPRZZMMRNLXUQVZUNKQZZRMNFGSVNVba]QZZJTWYXZ][SOVSTSRUWLTS@CPXZTU[_ecfXfƒŒ‚bM?DKLOMGZ\UZYSS\;>@LUZ\^]hlf[TVRY^bc^QMMNPPUXQV^YTSZYW[`\SPOHKNJ?=CT_^]WXXUX\\]\Za]TVXYZ\WVZ[[Z]XMEZ_`\X\YSSQ^`WQ\`^MV^^`_WGRQGLNKEUZSVPQOJNUWch`UWUX]^]]ZXY]WISUOWZY\]]YSUXVJA]dZceYVPFIVQRPBUVNX^[W\YQG9JQSR?;RRIVZROWW]]YVUSQOMVebQLVYY[WSSWRHHWVRNMLIRWRM^d`YRV\\TLTRKVRKUZ[PSVY[KRVSLNY`b^RELSUXMCVWSZZNTXRUbfc][WX[]]RJOSNMP[^XOONOUTI=?BSXPLMKFGWWUQSSWRPSUY_^\YTQLKOWWQI@IUWTPMNPLIFIQYWK>AMNMRPNY[LN\_TMLIU\XSSQRUQ>DSYXSSTMINMIQWYUNLMQX__UEEFHJT\[QNTL=GQQH>DGKMQRRFXb[E7AHLHJQMKVa_S@>MOLHMSPJBIOPNF78@GMWXPLUYTLNULJMTXZPFSZXOLLHRSDHIBCKK=JUZ]VGLSQRRRMMLOORUPIVVISXWMS]_YQQNPMPQNFNTPGIVTMVUJHOQQKBOVSTWUOOLBRgnfYQMLIDNLQSKCLPOR\YHJSJNWXSBAOOKLLNRRMGIKLVZV]\RQWYZVRW[`_TIQUTXMFOV]WNV[]XLKNTYTNONMNGGOZZZVGAHY_`TPQLU[VVVOWXG8@FIS^][\_]Ydvym_YWZUPMXUYdcchj]Y\UUVTUWNYchlmeVTTKGONBPYZZSOLTVRUTUQLTPQZ_UJRI@VZUTWQLSRSPPPIM[YOHMXZOGB>NVQNVXOFPPYYZ]YRNSY]QPW[RS^[QTKOPSVYRFZ_VNKRL@OXZX[WMRW[cbMO^]\_`VVYROIIU^^YNLNHPYZYWQTSQPW`YRa€‡{\QWCNYY^]Z\\ODU[SLC>LUSSY_[JHZ^aWY]XU_ZLPSU[[YXUVTUNUYZ\UJX`^V[aec^ehdUMZaba^XY`_]VVZ\XRPSUILTOMNE?=FPOPPY]_WNLF8BJEAIS`c\SQWYXWUZ][SP_\UOJFT`b]TSYSQ[_WQY\ZSR]_\OKW_WTPKKVNNUWNC>LPFGWcf]OTNDMRW]UMRWTRURKB9FOMNLFJGCENQVYPCQ]_\YTLHAKVYNNOMRYXQCCJMXYZWTRJFKRKJTTIHNSUWSLN]c^TGDLLS]aaVQWYNFLMLKLJPSPTULS`\SIHFLMJMOXY[a^JGSWXROOLFPUWVW\YZVSIGOOQRX_^WLORPLVZ\c]JMV\\YX]ZQOQUQKWWX`gcXV^]_[XRR^\URRTUV\VN\daWRTWNLTPKPSRONGABN@d…ƒ]HYU[WTY]ZTVXWOLMa__UPRQSSRW]YPS^^XNLY[SNVXTY\UTZ`^YXUU`bXSRRQSPQWRJLSVZVIV`_UX[UMRY_ce]NJOMNOQRSVRLKQ^\WWX]_[`_aec[XW]fibWRLNSTRRKNV]WPTXUX\^cij_\\W\YQRTRKM[^[ZWRSZVJMXWMO_aQEKGO`^X]hdSR\WVYUU]VJXf^PVVKDONOWZWOZ\\]ZPKQTQB=CKLSZYKQRKNQZ`a\TQKPTJKPIJRYXPQJ7FSUSTQTZYPIGMTTUTOOPKMJIVa^PKSTV_\KY^U\b``^TRRNGOUUQLYeb]\aUQXTGT`[MRNQT[bcd`UOLVYUTRKOW_`[_[W[YOSVTTPSXRNTTJHPZ^SJPVPLNYZ]a\XK>QbhbY]cbc]ROMJEO\ZVSKAHNPSMMUUPORVQMQMS][TSYYZ]WVSSZ_ZX[YLMTWNGN[a_\UHB=HHPVSMPRQYYNCIG??LSOIENOKQWSSG@MTVPIHHNNSTQJPQMV\TMHIOR]_]ZPQSFEJKQVMKTWMMXTNO\[ONPDHBDUYXVKNSNDEMHJLGJOKUTLNURNNFAQWWVMGKEAF9:HNIHHJQVNLJLQUU[WHNWTMHJIPKUZTKS[]VMFGNXYPLRPMSZWQOIHHKIJONNMWXVKNM@ILCDCQIBLRLUWUROUTDDKFDRWMFHDCLWWTOLIDDHNNVYXVaaUNTQV\]\VWecXONPSNKNPPWR@@=KVYTTSPMRTNOQQTTPRVVSXAGFLJAAPQMMHGUUUXSPQWTSMA6@HHDEQRT[[KOXWUUUUTURTSWPKLLQUTNRYXOR\\ROUMIUWZ\WLKVRRX_`[OSfjb_^WQS^imgXYdf_QOSQPOPNMTLNX\_[OIF?W`VBCFGFFDB>??DPZ[XUOHPSQSVVQMLQSKSXTVSV\[\VQLRRRMPWVLQMMQU[ZXRLRMDMRT_`VKV[W\]QRWUUTSY]PELQEENOFOSTSUbdYPRWUXLJLWYTWiqkSIXTEV__\VVY^a_XTVULMMMMT[\]WGIRTWT\ddWS[WDFQQWemjUCJRPQYZ`ledaYT\a]R[d\NGAIZedVMQRPJ=HQGDJRY][VWPPO[haWbe\^_YVQUTNL\ecXLKFNTSOMEIOU_bTZK8GBIRTSSTPGILOSVUJKPKJII=LSMHOOTVTOTXPKQQGWjhZFLKGIKOWTMRSSOKKOQYYXRRPNEGQQVQSTQGMPKDBDGIHIPUSPPRYUSQOGJUVYYOJRUQA:IRRSUOIHLTUUQWWREIZb]N@KFHX^[MHW[ULNKLPSSQIILMTUSNUXRLMKLCKTSUYYVRL=IRRLFMOJKOVYWUTY\ZSJMOIQYL:FNKQY[UOK?RUSLQSTOHRQB?KSUPPYXY`XOOVWVUTO:GNMSY_]UPOQMGKQPMMNJOUX`\R>DMJ?CJPRMKUUV`_UMJMV]`kg^^XQX`[YY]^WenfRNPVZ]^YQPX\\XWSLUTPYSLMQRRTRQPTTU[ZURRSTOSSSW\dmnaX[WOSYIUebWVYZ[\^RLUUNNGFYb^QHEGNVQMSTIDPUSSZ\PGLLhpi]YS\b[NGLE@;HQQQRD9IVUGJVXXWXXOXQ?MRKJORSVVYZ^]NO]]PJFJKRSUSPJSWUOHMMDAMUWNO`cXJIITYUTZVQMU\TGOPMQUPFW\UL;DTWTT\c_QSQNT[_]TJQTIAMLMRTQJLJMOFKQNRWNPYVY]OWZVWYZOXb_N[\URQGKV^VU[[XXVQRZZKTYRRXYPEGLNW`^QILNUSNROPUTQQNIPNPQECJMOUNBOZTDEIIMOMAESWSRTYabYUUSROFRVX]WSWQEOYXURUXZZN@CJNRQNKKNRMT[YLEOOROLBKROJQSSYZ[UQUXQSW[SRWTVUUURT]^[WPMVZ]_ZTUSOVVTOK]]UVZVUZWUSNXTLKKMKYXRLSRRVVPVY\VOLPWT_cWS]`\\WTONWUWUHMJUYXX[YUVQggVPXRU\Z]ZRT_VGU]PGQ]YLO\R_UHNPMSWQ[dZV^_YUX[TT^ecWPY]VRXZ^cc[NUYMFARZYXVWWXYNWXWWWTVPRRPVZ\RAOWWWONQTSQ\]ZXOQVQNQ[\UWZ]]XWPOcnojaWQLNRXXSOYZTQSSMLZ\R_ge]\ZRNRRHCUZRAQ\a^XQRTDCWXUXYQQTTKQPGOOFBYefa[WTPQLHFGHDKV]``\ZZ]^\YYRUZYV]^VY\XMBN\WR\_ZHJNMKQMKSNJJLIQTTLBLQR@IHFHSTCDSWO@N]]]RQafU,@OQRRRSSLSYUMKNOLLPXeieZMNVWMW`XU][OHJQURJNLEPSHV\VQIM[fdXMNQVXY[]SIGRWVNNQQRLLWZWSPOMTVKENW[NHNDFJDCDHPSNOJKUZTRVZUVTILPTTRW`[XWRUPGHKICGLO[ZVXWUVVLDJIJOSPOKE@DMNDJMB:GQRNIKOPHENTRRQRNTZ][YZ\UVROLSZ[QQJCLNMMPPIUYPLKOQU\c^ZOMIAJM\cZOX]RHNUWOTPKPJFB>DQRFIOMWSSWTTOXUOU\XZ^XKNTURK:@KSQYdcYNPJG\b]ZZWYYWKLJLUaih^ZVOKLBQX]^YHMSWUPOL?DS[ZRKNZ\UQQPUYWOHUVTSNACRYXTJHTUQFI\]WONNILSNTQX^YJGSZ[^^XRW\[RQURPUVVD:EEHLOJGWZMDQYZTSSRQPSQJ?@TX]a[V\^XTKBIRUWSMQNJWWMHMU^`be_VXYQKLSPMOJ=KYYSR[ZPN^]XIOTWWY[Y_aWIS_ZYVW\[]UQSPGLQXZTPYQRPSY[VLQZ[RHMMILJJ`f\Y_a^ZXSJQOFLTRPKO\[\\[][VSY`dge[RHNZXHNZ[]YRTVKNONKLOMQXUX^```_]XXSGO[_TGOORRWXbf]W[Z[\VRVSDH[^UTMKPSWQMVWQX`a_SGLOVY[YZSLGJOOSVZPRafe\UWYWRNRPTZSBGJV]WRVTE?X`_\PLUWQLBMSV\SIQX\[XSOJRSX_XOKS^bgd^]VNIU\_ZQT]YVYY^fd\RWWVWVXWUQSNMS\ZO\`YJOUUW\]XJHOVYEJ\^TLEELJRTQOPRNPQYYRQUTVY_aZ]\[]W_de]R\`WYYOae\VWRPRSUMYWXfh[[h[gcYZ`^XSTRRIUfj[JVWTQXY]^ZX`cb`TWWWUJGMSQCBFRc``ZOHR[WQNKORXVYWURRSVUSQJI\abee_WVYSIIRQZbhgcXNV\WNWYMHNRVP?JYVXgeVWVTMMUTLOZf^NPV^WKNZWXSTSND?GKKGCIOSNIHFJRSJCDHJFQa`PGIMUN=@@RYYZULFMSPOGDONST\kpk^QMOWTTXTNGQUTQIILILVQLPOPWOKMLOU]UMXYWWODNNRPLFJKPQUUPNSPV\XKDHF==HOXTRQMQSOQVY^\WRRRTRUUQTL=LTUJDDEFRTXTI?HGAIMU^ZPQPT\]VNSJGNGAIPOLICBCITPABJLGPSQPNJI==LURTRRWWSOPZ]WQYYUMRVYSOMLURWXWLCOYSHIRWVV]\TGBDKK@LUQFOOJTPMQRSNPNGJHKOOJHMUQSWVTQGLY[Z\]VSZUMQTSRXWMDNQRZYSLN\XKJOKQPRZ[TURKJ]f]TUQKRXMNZ`XWTPRTSWW`XTZZZVNU]X_gaPROKSPVSLSQPHHJHCHGLOX^``RCBFLLLRKTW[ddPDUZSRPQ\ba[PRWTS\\\TEEGKNT[WP]]X[_a[OXYXSLS]S>Qaed^SU^cbW@KROQTNMFYbbXQTRTW[_`XGHMU[RPUVXTVYPV^ZQJKbh_MBGKU[ZUW\\TGLOTUSPELQRKMQUULSUMWTGKNTXY]^YOB=HLMOSWTWTSPPKMUZMG@BPWTUQVUZ^[[WUK8IYZUXYTMS\YHS`d^RT\WMORLBJNFIPV[Z]b]][ZXXMQZZTTRLILLG[b\TWVUSUVZYWVX]^[URSYYH=MZZXLOTSNGMY_a`\MJSRSSSGGT^b_`_UX^XQMSTPOMLKLLVYbbXMRY^a]NNQVPLHKLQQPR\ZMSYYPMJQV`aUJXcd^WV\ZUZW[cgea]V^a_^fdVWYVSMEMPJJPZ\XVHDV\flh][`d`^RLNOO:?W[RMKRWPQRQQUYZQJCHEO]^\ZYWVaba^RDEHT[UGFSQG]hcZ\`[YQOKX]\XRPT[Q]c`^de\LJV`[^kl`PCFPV]X\fa[Y^\ZWa`WND:DQQ;<<@T[TRSPHTYROPNPPV[VWWXNJQSJI@QabWLSa^QY\WUT[\[SPMRX[TUUUNT]SJOC>FGL\_VQVXYVMGJUYdg^I@W`a[OINVY__YORRT[NU][RKBHTUIFKTWZRM[_TMPTMOOJ>LRUZPHBDKOPGNYQ>IW_VVWRMLJEALNYXOSZ[WNCIOQKHPK?GPSQLVXSX[ZRKNMKHIOMHJORVXRKVZXRSTSRYWG>8DLNQQGLY[UXWWYZ\[^YSPQQTLOQPVXLPIGPSSZ\WUWSOLJORD@LSQUWUOIJOMLWSOPQOHDNOTOBCJSPMNW][SMNT\ZRNOTTPPUTPSXZWa_[MISUZ\XSFGOTZ][UIFSQXWPZ^ZTPQSRTCR^PR`\WTRVTT\X[]XZQSVPLRUOIYej^QWVNVcbXTPUMTZZ]\_`XP[dbZX^\XJ?LVYSRMGKJRWRET[RQMDEMUSRW_RCY^^]\VKOMGOYMKTCL\XLY]\WWV\^^_]UPVWW\`a_WYaed\VXUIQWZYV\YGRaa\XUUVWWZ]XRKT]aeeZZ^`_^[\XTX_WMOMTSY\ZKKY[ab\Z_\ZS]aZUTXRKQQS^]RIPKKKX\UONQNJMPZVMRSLPQKFGKXaYKMPXOKUWOPQPTQV^[PIR\\WVN[][]aaZ\[YZXOONQ^^\^WPRRY[Z]ZRJMPLTSMLQW][MBLRQYXMSX\]WYTFFV[VSYXTXS\^^\[VKD<=OXQQZ]RW]XZ\`]W^XYcf_[[_]VU][_bYPRVOU`ffbZ]_YZfeiuypeWKUXVSAJTSVKO`ecVLZ^^acZYYSX__[RV[]RD=GG>MWRQI@LVWVOQYSBNMLQPHIV]ZQOILMRKMSX_\WTUYNJOOKX[SOUZZT[ce]UMFHGF_ifXSYPFEQZ_WWa\^YPJNKJNOKJGNXUWcihhcWTUG;SZ`c_][UKUZYSNPTXROONFPPMPKPREFXYJHYZXNRRMINND??HOILSMJMLQOV_XKLHM`idWKOPMNQXTQWTSSPWVSNF?JZYUUUUVNGMI?LQHFHHDCORQPX]YQQSUROSSXXM@CSXQNGMNPQPOHKTUMEGQ[]WTVRIDHJ6FTQPSTRUVLINKMTN?IXVGAX]THRPOREGIBCUYMNQOGHUXWSPRTYYVWUNKFMGPWZXGIIQTXROWZSTPSQOIAOY\^[YMLW^OIXWQNR\jncPFMKKWSV[TN\VRUOVYRS]^QCKSAFXYM\dVIRYSY_]Zac^SLZ][^bd^[ba`__`]YPKPUSPZZSPST[VVYNT[TU_[PV_[[WR[a_PLVV[`[]_VOQNHMVTHQ`^``^XXSUX\[RMSTLMNT[`ZRIFEKJPSZa[MIKGFUWSONMMOLNQKOY[\]XPPQTZ]WZ^^WPRVUTWVW^`XSZ\SQW[W^^TLMWPKU]`_ZW]YSONNOIDJKHMNJOLRRPLLILSWVQY_[VURQVYSRKQZVHMTY[W_dba[PT[cea]]VLLKU\]_^ZWYadXKSXXYQRY\_a`XRW\eedh`[^[YgkgijZSN<>RWWZ^TJFAN\caTOUUTW[\aedZU`hicUJJFAKKLPL>IOLSYWUTJQSPOTT\^UT_bQOVXTNPQRSTYUQ[WX\XY][OU[\_UMMSUYVS_c^VPXaaeg`TXPEVa\S[Z][THINNMGGLSVSNAJUXWTVXVSF?HYc_W\UIFUZQLUWVNOTQ>CLPNJPPG:NPGKSSZWI.AIMPMNPKLPX[VVRW^`[WVWWTZYSMELOBELTXTTVLFPTSQJLQRNIM\]RR`aZUOR[SEBJNLJT^VHENUUJCELPPQPUWSQP]f[KMDK\fe\VX[UMNVWRMIORJX[QLPKKNLQRWSRQOUSECJKKPURWYWQOELOLQSQIBDPNFOJU\VNOMQUTSVSMFOPMKLRVRMOSWTGHLMQNEECKIHILLKMSTJHKIACDIWVX^YXWKGPEHUVLMPMOKPWQFKTXRNLUVJ8HTOTCCPUUNKOVQNSTLO[]WTRG9DSYSPNORXWNRZ\PQdkgWNSNBCNNOW]UBM[^WOPLQYUPWVVVUOUYTJ=JVXVZZWVSHRNFN^_WW[_]_ff`YHUc_a`WU^[XNIPQRQNWRN\_UOVZSNTWUNSSHEPH?NY[VWZVONWVQKLZ_[SQMLCISSUVWOPRIGMH.S]WJJMNQQX\QGX\]^THH@EPPU[TSO[gcYRLMOQLQ`_XTP@4DOQOSXVIGDKX`_XLKTSA@MSSPTOJMG?OTVZXRVSNUQCHMUTQ^bWS[[ZK@GJLY^RRYRVUTU\ddZMUYZTQT[\XW[]deegkfba[RNMFKQRPUXRSWSSYXPRVYOJIPW\TGN[ZSHHNWRNKEX^YWVRQTYOTYUTVQLLGLWVKLTWL@QOOTPAINNMRUVTV\SCEGDLQUNUUSJOPQQSU`b\KBMSRY_Y[_[KFHNYWQMVa_SPTWWNSUNYWA?MKMTUX[ZUZ`XTXXYVRSNKS]WOVUVOX]_]ZW]a[WXX]URPTYZURPLXYPQVQN\_]b`YYZ]ZWX]_YUccYW[b^NOZYQEBDLVSTVUTS[^`ddb`a\QKPSX]]\VPPMMIIIGYUVUZ[RP\YVTWZWSQSLM]_TJObprbMQQMQQXWF>I=IMVXPDEOTRZZPJLQQSUM?M\bbTLVRLW[RRMCRSKWe`S\WNPLK_hbT\cgjg_^cfll`WVMOTQE;6EQXVQSTRLKKWVMID=9GVXCDKOPMKQPVU>CLL6DKIHOWS?9AGE<8BBGNNJLE:AKKDBIOMGKPRRQNJQRRW_\KDJOXWY\VITYYUSQTPF;BTTMMKLSRUYTIPVURV[\YUHGCPX[YXOLHJNSWYQEJHFIEDDNRNLRYZTOIPWYRNHOZ_WIOT]__YNCBJNQRPQPQV]YS<7MURLIJLPOFKTZVSMFS^\RTTPHOSQNICFWXUOJXYMIOSSVSW[XVPGQ\RHNOOLLQH6IOJQWWUTOOPWRKHOSXUMPTUOGA?IQRVOQ[YPLFNRMLICKKHIMHENY]PFIU^\TPG\UJMW\]XQ_b[OIQYYVMJLNNILQRHHKPSW[VPX\\[ZYTNMHHBENVUTYRNTVXPJW\UNRRSWPLSRU[ZRPU\`a\XY\_a]OEHUNAJV`\YihZRRV[\eiaOOabWNQSYXPSV\`WSWUJGR[YUWUWTJNIMW]YDP[`^WNNQXXZ[VLS[]QJRVTZ[[ZVXVMOKNSRNNQWYY^\TKQ^_YTPZWGS]Z\aWO\ji]TPPNNU\egaSQUSMSUSUW\RN^c^VURPLCDKMPVVW[YVWP@LPTTSQVRNU[KINQQ\jlbWWYUPG?HP[^QKSPWY_]\a_bfbW[_[VW[[^c__a]]aZPX]VRPIJFJQQRTWYTRXa`[ZYSRQY]UNVZURUPGGPW^ZQSZYZb`TMTEFSSNLORRNONPQIEMUSHP^_QHR]^VQRPJKJ839MZWPSRX]^WSUTRDIJGQTRNKKUXT]\UOTROUUSPSZ[\]USVVXZXXZWQLIRWX]_eh_]`X\a`[RSXUZ]TPSRQR\a\\][efbVX]]VORYaY[]^UTWUSWRVVMWcaZQLPXTMZ]UHVafc\UWTVZXZ]YXWKPQVYP[YRUXSX\YQHHQ\b^SNRQTKCBPVRDT^^`a[T_`SEAS[ZUXYVZgaVUalqdOGT\\VNXYILGAIPRJK]ec\YZSLOY^]X[RFW\UQRRTPV^YRWYZ[`^aYJEM\\QS[hkfc]_hh``egdXTVUW\`]NDHGEKLINV]ULNY\WPCQXQKWXPIJRWZ]]WQSTPR[\Y[XNIOOLLSSGAGHFDHIC@@CGHORQPPSSTVO?ARXVQAO]]UOHMOSUKGQQJOVVRTQMYTNEJOONMNSUPTTQSUROFCCMae_\UQZ^VOKHMYYTHDDDU`]S=BQWUQQNFHPOV[UFDJHMXWPKS[UPZXYTNNMLPHJOLHNHJUYRIMRVPNW_^WOHFJNPMOCEWWUURRVLIZYPABLORFBQWZVC9GPTUOR]ZIBIXYRR[OIIHANNKRVREFOW[ZTTUWZ[O[^\]\c_[VMKNHLR]^XUPSTRSMAFNPIEOTSSTMQPLUNF@AIJGJUUM[]Yab^\V?IQW[UJPX[XTUPIP]gc_[^XPUXSMRURDS]\\]VVZRCNVX^`[XTNGKPRWSRACcfWPTVQOUXMVb^UW]U8M^\UPSZZXW[VPPJCLWTOVYWTXVTWWWYXZWUV\ccRCQTWYWSRMGL\XWZYTMFVWZ^f_VWef^WXXSW\[TTXVNSOQTQRY\Y[WVZ[YOCQ]WPNRXZULUZTQPJHGIMLKHDMYZXVOOT[ad][[WROMIEHQKWXBFWXZ_\JAP^`XUQGIIHNTX\WL[[WZSJGGSRGC<>@JIIJHP[a]ckk^JFHGUYSQ^fc]_ffdXMNQ[`d]QPROOFFPTNMbjg^YRPVZ\YY[^^\WVUZaa\^adaaX^hnlcSJFITWTMW[Y^b_LIUVSU[[UQQSUXajgZOQSNOZ\YVRIGX^[THIPSYUG?:-GTHCGMRVSYZXJ?7@JSZZWI;LSKB27DDBJPY[YRQMA@PVVSQW[OLJQZ[SKFEKUWKJSPTQG=C@AOSQH>BLTZYNBGWa_RD8;LROHPWOKQMTQUTHAQPNIQWWSN=>V[SLLMOSW\XJQSMNEGSWUJLHHKQRUYWICSVTRPK@HX`^ZYRIHOXWI?>FPQKIMELZVJKGGHKNXVKHNWWCMROGILRPNFISGMQFKQNSNJPX^^ZSROKTPPY[SYVRMUXQHOQRWURBL\]ROSWVSHEDJRRLNXWQNPOMQMB@IIFBOVX_aXQQUHKR]ZSX]RKXWLOUSNWbddc]RJHOSFKXPR\XRWWSKMQRVRQOPOHLOIHTdZ]XQURWTLLMMTQSOKTWXWZ[TSYb`XPIJVXQQTV[WOJNICOY\YWTT\^ZUNUXNHSYVU\XUPSST\^XWRP^bZWQQMMW]YOD=JSVTOPW^Y`c_ZTQQRUVPPQVVKOQKW^ini\PMD?KTSMEILUVU]\\ZTU_p}x`JRPKPZ[\[[RIKGJSUJLXXRJLQNIY[RMGGYed^XRNV\ZTSae^_\XWYZ[TTVSKHNZYSHMTUVVURS]_TST_lrl\LPY^`d]W\[RMOSY]\XVSPNOUVKOKGPWWMLJKNGF=J_b^__\YUVPS_WDQ^V]NQOMGITXYXTPZ_[[]bc_SRYUOT[[YWUNGKMOZZUTW\`]_\TUSLQTQL[^UQOLKOPQSMKUYRR\b`ZQORPC?QXZ\TRW[a^[[\_]SS[UQWZ_e_Z]Z\][SMNPG9>ORRRTKHKJNTXSILPUXVYY`ii^ahg_aggih^VYUN]`VAGUXUV^ZYWQUYZ[XVZbeZR__TJTVWTMTX_fhgg\IOOUXTYc]W[_`YWZ\XOPY^WY`^[][PRVYRQMPKMUWSIQNNLPX^ZPQW[XY][]SHSZ^_]\VVTRTPOYPMICPW[VOMTLS[UNX\`7COKLS\]Z\UY_[bbed_a]\Z]_[Q[hi`YVMKQUQK[a[YIJ[`XORKEOMQTWWW[eieb^VY]cefd_`lqpomh]XVW[_ZVXSNOMGJPNJMW`ddbYTPNS^_XMV]W@N`hdSTX\ZSIPSQYa]TLIEIGALVaeXOIBINPMH:IP?AOMNUUKHFGLQK>GNPNJX^VJACQVPGCVaaVPTVLGIKGPWTMA@DGCHPXUKU^`SPX_]YUQLSWOPVLQNJD?DFPPML>CRUKA=FJNVYMCKE>EO]^SOHILYYM@AGR\[NH@GG@HOQFDLOTUO=9LZZOCHR\\PHLSKHCEECBNSNS[VT[VURBBMNTQGE:;M\\UTQFDOQX]N;R[[X[_S=EUZUPNVYSMSPRSPPV\XG>A>KWX]b\UWXRMJPVX_ZVUURMAAGNLSYXTSNHLONPUWSNWUOCCOVSKPQQVVRTX^^XNQRUVUXMFQSO\f]URW\]WQUXSZ^^^_YRTZYZWONUXWTXXYUPILJHMW`]\\WR]^]aa[TRUbdUNNNR[^\K;JRMP[]PMU^XX[UOP]^YZ_WTSMOHGEOOT\bXMZb[WQPMHNVSPTXXXTVQX]`d`VHCPY\VY`\QUXSMIJT^`]YSQRPKK\e\TRaqph_PLSUY\SQ_idVV^]TV]W\]XSGHVUSMLUUPSUOGRTPRVQY]WKNWUY\_^dcZSLBJMOU]WRTVAKG?PQIJT\]TMHONNVQaeUS[[VVWTU^\Z]^T^MQSNMKUUG\g\O]^Z[]^UQQMGRYY^dYLLNSRKLSRWY^__`\QMDFRT=ERSRPMEFX]YTIKWZ[]_]abZQPSTSLSed^QSWWYVXSQZ^ZURZ__aeefhd\OX_[QIIFAOY[PGINROBKVPOROFP_YCL[gh^Z`[WYbb^YX_^PKRTWX[XXcgZWZSIO[ebXYTU[_\YTQVTMDFILU^b`_XQX\RMNNPSSY`aZVTTZ\VUVQP[XY\VHANW[VTQPTUSPPQLIOXYZ^SNKTSTYVUUQHHWXVVROWXRLFKKIOHHWabb]\WTTYZY[ZYWSSRXYSSZbcade`Z\SRU_ehfYW_eg]OHJDFNRRQVST]`Z[_]TJHSU]^XTX_jljeii^^imkonfnqjbij^MPRVVTSWWMEMRMOVWNSY\ad]XUQSVSNJLJ@CJXeh`]^UWdabgbTVOF>=LOONNNQWSMRRZGEKPPVUJDMMPXZXVUPJMPOSXTN@DYYMEEGFEEDMTQNQPSURKRVUXULGLSPFIPE8CT]]ZTNX`]PJQVYWLNPOFEHLUPDNOQQFBFQ[ZIDIRL9COSROIQYUH6HQZUQH;AKX\WRNMQOJHMUSJIWYRJIRVUJAFIV[TMNUTQGLVUOOOLRRRSWUSTUTTSKILPIDFPYYQF>FQUPOPKNNUZX_bYGFLIHMPVXZ[SLMNRV[XSMJIPMLNWY[WQPQOHT`_YSHJONPPMLLRZ]RLSLA9AHPQICDEOM>PZ\UJQOTUNPV[XXSJIKOT[WJQTMO\UKGEX`XMRXYV[cd]W]d`ZXVCAY`[PXZZ]c^UJFMVb]YYXVUPFOW[XUYagdXMMRWVRONQRQYZXZVNVVLNUPOVVHIW[\ZMLTTKPIIPSJHW_WTXXTMUXUQHAGTXZYZZ^XRMNVZZUQUXW^edVMSTX_^ZVRFBADNW\[```lk`^\URSU_WL\gdVS[XVZRKOPFXZT[a]UPTTNIGLKMPMCNSYcYKLYUVYTIZ]VSQPPRVYfd[TSJQSQIKRURLGNXYOHQWWdiVQVNRVQV\[[^dbNCQ[XTQDHW^]\VSNPVOSa`XSV\ZUUbmdIGQRKDINPY_]ZZVYY\VJQZ\SLUWZZTLLRWVKIMPX[[Y[\WFBOWVMHV^]UYZZTIPSRZ]WMQZ\\ZZ`a]XXXXVUQV]YPNX`\QMUSUKS^ZWVSNYc[RWY]\RUWRMV[SRX^aaRLS^`]bcehf^Z\VILSZ][RN\g`UZSRY\PLRNKZac^TPQNTRCHQQWTPRYORV\_^WROBEUHIZWVXQORRYXQRRLUYSJKIMSMR[_WNROHKVWTPKOSMPRGLPUMIOTVWQUXX[`XUR^[\\TL\\ZZYXWUOQYc\W_ZacWFPQWR[__XQSYXUX\[TT]e\OWQV`ZLZ`[OLMGRXY_akrmoxzrc`\^`ilfgmeconb\UHORRWVNLOMOSYcie\V_eb]X[`]TPLMIFMSTJKZ^^\TS_`a``]]UD>DMQTTVMJLOQX`eMRHKLHH?FJHNQOX^^WNJLUYYTPJNVUSMMJLOSOOLFCGLVWQOVVKGQSLNNMMMKHSYUTNQSOOUQSW[UPNJNRLLLLR[YQJDGOSJDRZVMMNY\TQXXQY]WS\_TNHCDHMEEPONHNURRVSCBV_WKUXROTZUMRPJLIJPUYZVRRWXLHLKNUUNDJW]_VGFKHDJORNKIMNTTNIHHR[WWWRKR[YRLINUQJMOGBMZUICDLUVTQPVX[]^ZSPKRNGMPMNPLPNKKOMPNDHLHHOTWXIKWTEITTVRDBGN[RHSUIEKSUSTWQKGMWVVKHPOKNKFOZVIINZSPITZZUVTRPQUSQRYVS^e[KY[VVWIMY`^RZ`aYPUZ\XTQVWUTT\]OIPRQZ`\UVVPUTY]VZc_XXSOK><@ILOUWXRS[VRQKVWJCOZZZ[[WTWZVJH@FNQRTYVY[TNSVUJQ\\\hhWWYYW\YQU[ZRJNQNPIGYde_`bVYbfZ`ebXW[beXY[XTRURMOJOUYX_\TQSLGQYYSQREFNW[ba_SRWYXYXUUQRNIIV_adeaTPUSFLCO]XPUTQKBAGURR\f\LRUQTSJU\URPPQERaaUTWTUVS\dbWNY[aeeaZIOWRL[hiV@ORGOQSUV]abiggmicXTTYUGRVTZ^\RWa]TNPQQNMX\ZVPX]^]TMU]^]VMR`b_XPPWQLPSUZ^_b]SXYQMKPRPUUQHU]^VRXJNS^_[WMQWY\``_\WPWWJDMWWONVbfbWXa^^\cfh_UYZ]]QMRKW^UPS``^VNXY\[baYWaZUQLJORX\OBOQTYURYY^b^^^YXI:IXPGW\RMSQSJ[d`U?J``PLVYTXTPV^`ZURQQV_^SP\_]bXKGH\]TSVRNILSMMVWXYVV[\ZWYJUYMMQRLDCNZYVQ\g`OPLX[_ciZ7L`dZPYb^]bgeba`ZNIONTWZ\VLGS]hnmhanzyiTWPNOT\^X[cdllcTKJX_\URMNVVOLOaje]UU[\WXQPSGBSXQNJQUKGKDQ`^[]YVTPOSSSTWTR[YQOLKFDOW]DJEIQQPGEJJIEDISZ[TUWQOKNNHJSLFIKKQVVOEHLGKPUWSMTRSRLGLVXQOIGRaf]NGKMHJRXVPOMPTQOVSPNLSUKRPMPMC>=ELKPUTSTTJF;8FLLU\]XKGNMMJ>AJYa[OPSY[]VMRaaTQSRMLJS[a]YVI@EMPOINUPADMNPKJHGNRQRNLQVQUXPMMTPPKE:?SYN9FPB@LMLHMSNH@OX\[UTVNKNHKX]][^[VLLNWb^UQIGHPPNSWXQSYae`YXXSXTOTbf]OX\RKTVXW^^TIKNPVWQTWPPY_[ZZYHPabXOYd_XXQFB>=EKJINUWUT[__^SSWZSKOOMQYWY\ZVHKRKKVZY^]][VVWTWWWMJQ\YSZZZXRGLU]dbXLCQYSIV`_WQXY[a`XTTTLQ\eh^X\XUX[ZUX\YSWUTRIPTMER[\UOQPNKS[egg^UY``b`\\WRG7EHJLIJLOZedXS_a\WRY`^XNN_f^UOZeb_]_^`VQVVUXXKIFQ[XRT]`aVIRWZY[[RW\VLID>FMQTLBJQPWYULDFINQQSPGT]UQZZTIBNOMLC;L_cWNTWQAGCBUWQQSGDGJGJ?IWULNNLRPIHPTM@?JS^`ZNQU]]YSOSOHFPXYZSGIMQWPJMB?HHNXWSQMFGKUS\_]XTQSTRMNQGHY]UZ\SGOPWZWSXWXZ\XM><@LSY]WSXVO?;ETWQIOWUNOTSWZZWXV][MMJJOSMJO]aYPSPQKPTOJMTRPPRZ^ZVUNC:>RXWTQUGKMNQORTMNWVSTLECGIIHHPSH7=LOLDBKJGPPAAKNXY\[ZQHPKHV^[W\aYLPTOW^\WWVXZZTT\aee^USUWZY\`ZQIZa\RZ\TPVWUPMUXV]^aa\XUXWUQRMLN]aYX_ZVQ[`YLFKUUOOPX]UVbaYXXRQIAN\\VVURX__YY_\UMMQRSXXRV`ZTSZ`a``YB=RQMQTRH@=OSW`_UIMW_Y]Y\[OETYYWXTTXSO_ed]RLTQU_b[\`_]\Z\WVSQTUPNSWNLT[\VPS]_]\_]_djbNSVWVYSLOUWZZQKOPE8FIO^aWPQMJLUXRF\ie^YWW[QDLTURZNIOSaa\YSSYZTMWY[ZTUQAYgaJFDKJOPSGDDBHLLTZSGAJLOQVTLFJRPNLN^feXRU][TU[ZVMNRQJU\RHNLRWVWUNRRLU^e^QQW^cdc^OR[ZZ]_ZXZXPIQZ[WWVNNSSTY\WKPRUTKCDLT^SFO]aZKEWficYO[_RT]SPRTZWUZXYZWSZ]RLPS^]UW`hmh\SafaXWVNNQ`aZO>CSNFNTVQYb`]WKCI\aVOC;BMJPSJGRY[SMIGCLTYYSSROPQQNQXRW_^ZY[SQ]_\[WN\]WXOSa_NHFPLHIJKSTNNUY]^WNNJFSW[TP[``dcRSWZUYa[Y\ab`]V`kprmimjhhaU\^W_caW[bdca^Z^hrqkcacec^_ZYfd[cii_WXSUUaeVJ[[TQSOSUM>@NQX[]WPOUG>IU^`VLJLMOIR_`XOEBHESI@RPFMX]ZSZ^RTZXUNPY_]XNVWOQWSJLVQRUZ^ZUZ`\TLFEOSMMRRNLH>OVPKHNL9IKDLOIJNLQVOXZL8FJGHGIGNTOJHDCP]c`[OS[]PGINQSRVUPY[QPQQLJJTZWKHONJPOLST[WNC1A@IPQRUTJADMPQOY[[Y_XSSIOLLUSMOMCMRPTUQEKVVPJQTW\\XYZUYQ?GQRPUZ[VIANVSTSTK@JZ]\ZPFBISGEPSVQJHKUJTZYSQPOGOTSVSSUZXUOFJOGDQ\XMPRS[c^YYWQPY[UXXZfgZEI\\WU[UTVVMFOX\XUPLMZRR[SW``YTTRZYYcd\UWWXYQPZ^WRUVUZ[ZZOFCT\SQ[XULKQQKKNV^ZUPR^e^WVTOONRXR5K^ZV]ZLFV[\YWSIMUODHDLVYMJNLOOIEFHYYS[a_ZQ]a^UW]^]egnjZBLIMX\YZWOZbb\QZXRSNQVUKP[^Z]\XYUVZa_Va`VRY\YIISTVRDFZY_daZWMDCJQZdb][PFBIW\YQWcb^\\]XWRMQYWUVUCP[\TR]\SZ[QNE_c]WWXVZWLGJKHGORRRGBEIPRTWZYROOV\XRW[[LNOMT[^^][_daSKNSQMKTZ]YTY_]ODLWUMKTXPVb^NMWYZ]`c_TOVYWPHTX_a\QXVPRPHFMQMLX[VVSPVTRQPY_b\[WNLHMR\^\[XY[VZ^WORYYOQTOT[[YUQOOL]`]Y^bfe][VW_b_^]^[\eb_`\OOXQCV]WRQOY[GM_b`ZVKW^]Z\XLDIQPQFMX[UJUb_TSNVTMRVPOUYZVQU]``^Y\\XWZ_a]V]XIOQQMCFMLNY\^_]ZaaZOOOVZYUU[dd]X[hppmjfZXZK9?GVmqmkg\X\cjgccgeee[LZdlicbjfjtvnYC?DJR^_^daX_klhaZ]a[S]]LIQVUMNTVTGDMVPLQTTVUM=KXZX[VOTURNGPZ^[SHHKOMPSKEGW`_TYdZOVTRRHJUSOLKHGO_c_NJMSTRVVNVXWZVJJRSOCKPNQVROQOMFHKE@EPOJJJKDLQSRTZ]VEOYTVXQ?8@SUJQ\ZWXPIKONMLBOQ>:GPUMPQLOUNHHQTVOJNQSSRSXPNOLKRXTRXYWWVMMSNLTXVWPLGGWYUTPLQQNOVWYY]SKLTRLPNJTXXMHRSMEELRRNU^[SX\XYNGLVQ>@FHOQQVVHPRQRRH@8IQN>BNOJRUOKOSTUMGMOC5>P\\VVWULEDMRSRUPMY[TTTJGOVVSURKP[WJLNRSQPNPRTTNIEGKSPMRWS[^\WPOJFS[SQ^]R88FNQMVTUXZZPIHEOSROTWUTSUSTGETTSKUVV`b[ROXXKJNPTXQNRPLPXQIGRSM:N\WEIDHQU]``VLSTSTYY[[V[`ZV[`fkjggaZWZ\TOIHMWYVNX\^^XW\d^YVXVZ[^`fc[XZ_hig[Q`fhkmormgi_UWXWVS]c^Ufe_V\ada_ba^die^[SPWSLQURTPFP^]UPUWYTVV]bipocUZ^XZY]gqpf_ekjeUMQOIKTX_]ZY`YTQQPJLLMLVYTRXV[R\fj`\\Z[WONQTTIINLQWNMFDERP:AHFLPJ8FFDKTQMQJGTTIKHOXVRWSLHLNUXM=ANUVUSH88KTOIJGLRKGEF9BJNOTTTJEHU]^^eh]H@KPUZ__REOSNX\^]SHOQMT``UPWZRUX^ZOCK[df^XULIA;MHMNHNRPJW^WNMVXIMXVQMOPUUUUV\_TGNQUVMFUWKSTSRUWYQVZOSYTINKGP`b]Z^]^ZMSZYONVX_`URUWXYTMKT[ZPROMMTVY_^NQOSRPNUZ]^caPNTUPRXbadfZQbolc_RFNOFLNQX[ZT[[YTcf\\_XSXRIS\a_YPP]aVMNTVS[_^QILLQLSVRKLKFFLPRKI[`RPQRVajmdXKNJNLO__WSPIIQPRXZW\b\W`jh_QV`ZT`\LU\`WWSX]WSZWQUWLKLJMKGIYabTFOUQKKRb_PHVYbgYLXYURZWOLOOMKDJX`[PPMPVTOIPMPUWSJPUM;HLMS`e]R]ZTTHJ[WRTVRKKR]`ZW\aaUKEQ^ec[QJSVV`c]UQWXUTRQK>?R]ZUJDFSXVKIKKHUWVXTPVZYUTZYUTWOGQTY]WT\WQRVYWOY[TMC@CMSVXXXRPPX^a_XWPMMPMIYad]JCOTU[XOJMJHKR\WNGK`d_THGLOLRTJFTVY\[V[UXYXTQWYVVKH\d\VZ_[UORUVW]XLEHC:MTXWPQ\[OHNTROF>LRNOW[UOT_dZUXQIHCMVOKLHLO[YSTYWUMNQQNMHJKDTbe^PRTMO\`VRLEJNX\alvsdWWZ^_Y[QKGGOM@CU__YSUMRYSN_TR\Y^kjhlkbY[XQXinoki_WXQWVRSSPOWXckmofVIWflkqneX]ec]`_TXYRHDRa]KDV[R?FUZPHA@UeibbgebVZa]Tjl`R^cdaWTRXVUYWSOJLRPWPTWM=MKHMLGNPELUTP\`\S`fXJKMTUHINLU^HJEKMVYTPTXPIORUUJJSQYXKAKGIMRLPPLOQTUSJGOONRVPHDA=AFQWRMLMWVPRNSUUXXTMSYSGIRTSTOJPVWPOTTGJUWUJDIINTRGB?9ELQRPUWXYUOJMNJKNQNHKP]`ZJKW]\\YXPU_abWIFKPUWVQPOGBFPPOLLLHHIHNYVKALJMGDOWUQOVUT\\J6HTTRNJLDINRQ\bZPZVWRTTJHKSYZ]`^]ba_VKZOGIT\XIKFIQPNNSPGO[U[^b`[WPW]]]WXZ[\Z[XRVTHP^YPWXTX\TJPNFMSZYW]^WRMOHGNXZUXXWTIHKBKVXYZYWZ^_ZQRZUSTQCEJQL?BOQTTZ_^[WIR]_``[POONQSRV]]XTURSXPRTPVYOKTURPRMMY^[SKLQNOQRVUTSTZVRZQ>T[YQT]VFLNTa_VWZXUKLTUVcgYCRVLT]SF@NXUTX[]]UF;NZ[XXVVOIS]XT\YMA=FRXSLQZXLQSV`XNQVOKOOOZ^SQTULQZZRNQ]ZQK?@JKR]`b_ZX\_``STXSVWR_[MATVXXWV`^YX]ZWWQNU`s|ykOOTQSWWWajhhdWRRIP^Z\ad_ckb]dnl]fqwpWPab`^[XVYNBB=HUWSJV\RKOWUK=1@R\YT[^`e___WW_]QNWYM`hi`VZ_[OFNCHPV]]V]]WSQOZfi^^[IPVSTX[\`ffedTCRVYUZcdYTLRLJSVPMQM?CHRNONPTU[ZQCERTQKMLKNJJMNNOINSB?IJKJJHBKPPRQSRKOQMRWTRVYVNFHNPQPJJFDMRONVUPNRPWUUSRPGKUWVMSVRKKEEMT[X_e`RRVUQSWVSVWWWTNE@NQICOULMQYVQQSJ9JSY[VKLSTSPNLLHKKAEJPSXTROPPQQFELLOSUWOLLVccYQXVOOQYVKU_b_WIMVUPPNIOZZZWOOMRUWSFN]]QOPUTUKKVUTRJDJNNLMB4FPORVXPIS\\UGDNSRMHHFIJFKJYdc[RFELX^^ZPPVQIWb]WUXUGCBFOML@HNGKRNC?:FPPQNMW\SEGF:ADHSPLKPSMNPMCPZZNKTORRCAHQRVSLRXNLMQZWH?ALX\SRQSVTJEMPLJMY\[K9>GICFMMDAHYYPIGFCKFAMVVMSYZVXQLIJLEBA><3FVTLLUXPHFLNNFHFGIO]]LFOLFFIPLGS]\TMR]\TRMGKPURMNMUUPXYTSZ[\[UG<>;GPSRUOJUWQSVV?ASSQYUSNCEVWIKPNSTGJOOJG@TZRSPGSSQX`\XQRPTO=PWTRX[Z[UOVULOVVY[][UROORMORUQKOX]ZUQPZfe\RXXUU]\Z[_`XZ__UW^Z]_`\]\]\X[XQUYWLEKOVKKRQYYQW]YV`cYXWVYZQJPQMXTRX_^`b`]YW\TR\\ZSFOVU]]YX]^`^[U]aa]abX>HTULFNUTWWYSRSTbhZ=KUQLZdcUMXVNNQV[_[TSUSNJKIKSKMSSVVGCQPPSL=DFT``]YXMISbggd\de_`]XLNOIMY\VX`e\NPPSUSXY`^SUY[\XOEHNLIZd^TU^\^bWUS@ISQDCPVRMDLTRVXWQOSXSOLY^[KNRXVPENNRXUWWMNFEGFHQK@=@NRMKRUSOWWMJBBIRWVOQKHGMNGG=@IRTYVLLNTSKHKMMNOKPVJ@@LKISQQVVPFIQXYZWTWUMJSZXXNBRYTJBEMPGGUZWJJNJORLPWZWTRHNSMOVUQO@;NZVQSSTIAQVPRMRTPJKNOPKHAJUPIJHBHHFJICJX\VQW[^\UJGKPMT^b`ZTS\_[ZZRSRQPNAGQRJJTROOQKLPKDRWNPNHGROCHRTTMGFLTREMUHHMPHXWWTUIKJOPRUODMSQTZSNZZUX_^RGEKMY]]XUPSRNINW^__UMOV[QNTUPOVVPZebWRVXYPMPNGKIMZba\\QSYYW[_ONVXOTXXTMS^^\\XQUXYdeZHPWTSTTOQ[bec\TWTRXYXX\TQYVUYX_he`]_Z`icX\[JHPMC?>LPECNUPLQVYjkd\[]bfc[UKMLRZVMET\]YQTTLRTUUQLMQWTN@INMHKLSUX]a^]ZMGVeeb^X]d`XYdc_VRU\_YW\`X@HXZ[bhfcZZ]RPUSGKSUMA=NRKGQZ\YEHENTSRV`P[_PNKLSSHPY\YWZZZWNG9MVKQ\]YTSQQOORZZXRQTPKLNTXYQBADPXSUTYXTKRZ]XUYXURGLSTRROU[WDJWVVYVMOPTSSKFORONTYT[^\]_WRZbdYQQNHMWXPW\YYYX[WSQQQTUVYYUMJPV\ZSRWXUX]XMEKWZTT\\XWRMJR[[X[TD@SV]jj]_\QLRVYTRRNEGGFHHEY_XPVZUUVXUKSWUQOJFMWWKBKX[THMXUTVZTLHMV\_XXUQVWSY\VUNCGLIDINMJKIQZZN>OY^a[TV[XW]][VY^\fia\OGQUQWbidba\]b`\[Z\a\T[dcW[[UNHFSTMY_YQQRUSSX]X\lquxwiHV[X[UNY[WTRW]]PNPCNaZLKJMY``^]dloeX_gc]\]WPTWMJHM[caWRabZW]\QP[hlfPJRVPNQPOUTMOYYMFWZUJR]`YPNGNTPMQXN;>ISVQIDLKIC9CHQVTQSHGMOGLJE@UZTJHIT]YVTVVNMHCLRRVUI=@Q]\WVW]^]]USNTSORXUNKNPPHNVGJWNFOPOPCAKNMQPTXTOLVTMQL>@PVYZXKLYWPOSWTUVSNMO\_SHWbb[NGINOOUUPF>T]PDMLGLTPPSYUALZZWVMELTOQW\a]PQ\[WNMADTXUTOFPTRVSJMNKKVPCHMNJMRIGJSSOGSUJEU[__[XTSSMHKQTPOPIKTWRHKNN=@BCDEFABSRQPQOHNUROOJGGFMSVLQOEGHTKJKSXZOJQUQS_T=ELKUYRNSUYSPTVSRNQTYW[a]Z\YYcljaPLOQU^`]VVKLTUX^a[XZROV[YXSSSTR__`_YYWRYXW\VZa[SQZ\]XWXFMWUNMQRXVOBFSTQPVPMTXX]_`_]TPOW[^WWYWNUXT[`]Y]WTabUKQXYTSSSTUWURRWZWW_bcb]Z^\]^]W[`YTMQQPJRNNU_d`NOMKWTPRVVYZQQQLBLVRY[Z_[Z[RV_a_W^aW^a^_e]U\^_b^\Zaf^[]\d[UadaZOSOZfYDPZ]\ZQNXWVOPOFHPMO\WION`VZ[SHAITX\__]\RU]`^QEMWYUZcd\LNNPGBP[\]VOPJNUUUXQSYYSWVNW\aa]MN\b^PIQSUPPUSLLGOYO?COYTPPHFMTUSUQRZ]YSV\[UQVXIMU`e_WRHKPMIMOINV[]WJHW^SMONRVTOLOVYVTPPT]b_XQOJRUZQQVWWVFCY]ZW]WJMY\`feYTOPIFK[_YI=LVLDY]RPYXSPRRXbcVSULJHOPRYY[VSXWTPMKIBEU\UKPWV[^PSUOLR[[XPLMVYSVVTNQOHGRUZYFP[UPTNRVW\ijipqg`bbUKMRMDRVc`QKGRclhZQONKIMTY\]YWNU^a]TQPOFIW[WOT`bchedee^VVXNTTS\caWTV\[XSQRNLRYVIKNMXbff^\dkdQ]c[^`[ZI@CHM?CPLBDIFJLLOQOUPNJQVUXRMRRZ_ZRNQSQOXXWSQWVYZQJTZZWNQYWSUYTOIQ]cdaXS]`][WURR\\[YUUWT\XZ_]TKSLKKNW^ZWUW\caWRZ^YUTTRIOQOMRLFZe`VMGNQGADAIZSLPVUSPHSLBLJPV\ghZHGRSSPPUQRX`[\[[YSUVRNSTILSSNS^\VOOMSVSRW[ZTKOTSQU[\^YW`]LGRTSLSXTQT\``WTSX\[YTISY\_YDH`b\`hlg\NSXZY]YN_g[U^^[b__feinhbadjihjcXZTKNUVMKP_hcSOWTTVY[[UQPG>JHHMUY\VUS\VZ`]TQLKHNXY_]RYa\XWPSW[[X[\VGMHLQJNOEU^]UPLRSGHX_bf^QLWZ]`a_XXXTWTRTTQSRSLKSPIQMR\_]THPT[]adb[Y\XSUPOXXL=GPNLOR\^Y[VLKRVSUQQQZa[A@JWXUZXQMMSSTWTGRXNNYbdWQVXW\[NDMPOZZ[ab_]VURLR_jjg]SEMRQPUYSIVVJV]_TQWVTUQIO^feUV]XNHNKJRLW]_YSQPNJGQYVQNIPWQSURWZXVY_YLKPRV]SX]TG>FPHBKUXPMTPX^ZWX^floe]ff[_fYSUWWT_]TYaf^clogZJJ[feZMQbbPIVZXUUNNQMHHNNMRX`\ZccSMMBJPZ`]URTYYXX`f`_^ULOUX]_]TGDMX_[VVONOGRWX\[Z^\OMPKLQbc^ZQTglmdUOSOY\VNPXb_YZ\ajj^PMU``R>ERTTTH=ASQNYSJ@ECLKGLPFJSXS@ENRQROMSWVUSLQSRQMJRWTOPSRNCHNNHLWWHGMQTUTTRPZVDEOTMKRYWJCTZVTTXWRHOSQVRSQKB;IUVNKPMJGNTROSPPTXZREGISRMTYQTYVX[RKO\aZUVSKRWWULQVVTS\_XTOCGNGQWYTRSLRPKSWTMLGPPIJQPD=ISW_ZFCUTEBHU`fcUKOPOOUZYY\VOQVVUQSWURMW[ULGFKQRSEVa]\ZXR\dd]RSUOQNGN\^UKIFEV]OBW_fdTJQVROQY_]UKIQNB;NWWXXJIRXY`fbWSTW[PGP\`^\[QOTONMK@HZ]MG\aTFEOYZbaSDHLMSWTV[VW[\[SQfoib^XVV[[QHPRU[VOT[_[SXUWXZZ[ikbRXZ\TJV\UWYW]^\ZY_b[MW\][SQSTOQZXOTYOVVWMAIRMOOOXWIDOUUNQXVPT_^\Z[Y\]_Z]VFU][]gb]XSJPgg\YX`d_XY[YPHLZ`[P^cWQZa_WY[UOYXVTNPIARhl`WWI?JOONOQRMRY[VU_\\]]^WMMUSGGYYMSbXOWTUUSVWVGPcjigZ=Ye_XURTZ[XTZeaR?MRMLO]eaXSZ[XSQQTNGPRUWVSW[`XTQSUOJILOPRRUXVTXVRRV`_[RRUXajmbSLZ^XQIMTVUOLQVXURLRPQSRNVWTLUZR==GEFJGRQX[]TGOXRV_VSVKJIH?74CJHMRVXSJTPX\`_[SIUTSZXRTQGWdaWTPTKJPLOPNIMUZ\SMMPP`e\LLUYYTONVbaWYZVajfYV`f`_\WTSPT_XKZYGGHALRX]TRTZWLBJ]b\Z_]ZY\]b]MHXa\IISSAR`ZE>EDJEDQUIMYYHDPUNLPIIWZOACIGFT_cbNDTS^\MFJKOLQTOJPW[ZRLX`^WRPRYXPNYa_WYXZ[\VKNQUSYVNGJPXYZ_YTZZWSQSE=QWVVV[]_gdWX]URYXOU\WJHSW_c`WNR]VPWYUUUZUMS_^`bfb]WVX\\baWIRUOLWY]YW[SKRKPVS^hb^c\WGFLLV]ZSVYW^[XQVRNMMJGGPZTFLOMMOITYS:CX\QMVXWOCMUWUTNGOYRQWY[WWSONUTTVRUZ`[UWXWTTXNOYSOWXLQTVSX^\TRSTMHKTSQIGLHFMLMQSPW^^VPSVSKMOM]f`XOQYVMIJG=GRNOPNNU\ZUXaYZdaUWTU_]NHQJFSVLNNUXWX[UT^YPNOQ\YLRUX]a][WZdfgfXRa][`[RX]TW^ZUUVKOV^\Y_ZMNJVXLO\[\XSQX\VSSXYYXUQMKUW^caZSN\]QY]WWYXUW[YIQUUXYRWdfW?FPTRV[VH>ERYY[dbRBNQPZ_ZRJIRMPUQQURYa`[SJ?IPOQRQIS`^\_aYSNNPNVWXVSTRMKS]]ZYZW][XUSVYUVUYMMPNSZRLX_aZSZ\RHXd\U\YKMMFRTW^cYYYPIRQPV\YVTTPOHC@ADPSVYcb\\]ba\VOV[]XKPV[YMLPYYOIKFGGGOMUb`VUOTZWQZZJFSXX[^`[WWWRMKH?DZc\TOTL@9>LVVLPRVXW`cWMR]c[QQSQSUbpmZ[`WW]]_]XPPZ[ZNBUa^QR]YSTU]^PLXXTMPURMKPJTYPLQVQSX[YSIIKOTY[^e]QNOJOXWZ_[SJOWZPAJGCJMT`OJYUU[^WNZWZ^VZVV_b\TLKY`\WRSXYWOPTU^^XKHYa^WSWWT[WWUUVUZ_TIOU_kk`VTRWb^TR\YXZ^aa_ZJJHOTLPVVNGSZ\QLZ_[SVXTNPQJHMLJHLHJVW\b[TTXZ_^[QHILSXVURZTKMPOEBY]SQROUZ\^ZSHCEHUYVRJMSUQNSXQTacXTUNBHTZYVPFK_f_]\ZWSNQNQXVDJVXLQXZ\b_VJPOSQWa\VVRUPLS^^^XWUYWYWONOQ\ec][XJEJLOWO<_icXIFKCHVVW^bYHBBIEECIJJHPY^dYL_fbfonmf]WOOY_^Y_^USMNXcaWNSUQW]^[OGTXKTa_TSXWTTHLUMJOQPNT\a_RHMDRXKEB?RWRNSZ]^]`a\WSSWYQLMS\YLSIKX^_VZiic^fdaYWX_a_TNMMSYRQ\gjbWWRUWXPKTTQVROQNRYdd_^^IHHJJQSXUPQQOY\SLPNJ;5P[WUYSPUPPWXQVXPPRROTWXYYXUTXZXVQUMAEUZTLJad_\QLJMJHJKRVXTKOOQWYOENYWOOLMPX[`b[Y_WOQYTUY_YMGDOY[YUVYQRNRPMOCAS`_YYZUZ]`_[]][RTUUPFEMMNOQGBKILMRY_]TNROQNNW_TDT_VRW[WUTTPMQSV^][XRONIFLIHLRTQVPSPQSIHS^^TR]^[YUeojXSUUOMUajf]W_]XQUMRXXUUZQGQ\VQWd^VPOKJLPJIQXQHIKNT]aaYLTXTYee_b]VXZ]YVYSRTPBQbdWCMLNMJOTS;\baTS\[ZVTUTUWW^]]YMK`c[V[b\JMZ]\VTWXTKW_]\[XUURKMRKKLLLRVUJR]\PQW^c^TP[_XNNT_c[MGFMMMTRQZYV_bVFHPXXROQXXW]WSLGRQO[Z`a``]SIINXWWXRPHEQOQTSNQ\`ZROV[ZUYYZ\^b\SFHDLGHPTOMQSWUPZUPW]]YUVRTSY]ZXTPWZ[_a^WNGWVPVPUWSWQT_[Z[[Z[XWXO?Va_^UGOV\Zag`XTPQSOURLLU\]Z[^ZQQO?GRS_omZEPQADTZ`cd`NMKNJHHCAEIGV]dib]RQYcgf]PERRKSSQ\_YSLPSZ_ZSTRPOOWYUT^_SWbbWTSPYY]]`]YTUQGNWZSEK\VIJHMWUMYYYbed`\YXSUOVdfaREJTVLHE9FPUV[ebfime`WNPVMLU^ULW^TLS]c\IBOSXQNPSR[`_[[a_XV\YPSZVPSUVVYXQOI;J]XJ@>LQQRTXZTRZZWVTQHCC95BRRPVVPVYXXWPOQJKEITTMNRSJDOUPEHSNNSSWYSMQQMGFKJCB@=>7?GGJY]YWOGBHLTYZadb\OAGISORRQROVXWUTQE7GVZRGMSUX^ZSRYSILPRKLVWUOOWVRMVYSJG@A=@?BKRSXW_bYIKQULEIPUXYPCEPXRTRUPE5ELQRLIN]`WTSNY\XVWJ9GIJRVQG9JYXOGU[`]XQKWYTYUOIQWZRXXWTPJRZ]\ROUWWQLRSMJKLLVUOSV_b^QIPJKNQZYMTRSX]_[YUGK^`^`\X\a]Z[IJQSPKNOKXb_X]VW]VJT]b`fgY^cZFIRUTLPNORSRVV]b]XRZaaccaXSX\ZX^ca\[YUUVXURSG>EOXWUY`d`QPWRURFACKPLR[ZRSW\^_UGFUZWPJAHVa\QMCFQUNV[TBMKGDLSPY_ZQOVYWYXXPKUWVWWQIBRaf\TSQTVXXdkeQNMKKLFRXXVOHGMQJMTVROMGIQOEMIAJPRIE:,@R^^UVRSRUWPMXZUNIFT_\TUZVTNGIH@KPNS\]SVYXQLJUXWSOQTLJW[]fe[S_ZNRZWQ[`_YZ\[UVX[[VZZTJWc`RV][]e_SVLLUQQMSUVcf^PSTOLTTSRVWPKTVNILKGP\[[XZ^`b`\[\]Z\]SOQZaa^\XSPSPCFNX[^aa`ZQO\ee]OHMZ\XWY[WU[d[SPS[]b_[ad^\ZR]YNLOHLTTSPMECWWZdb`YWWWUVMPZYSUQMTHHRUVKNNOQXZTLOJOXXTPNKHP`noaUYLFVZZSPSNORW\MJ]aXPGIVYU\c_WU_cfd\WZZX]\R[]MAR[TO_a[XZ[WSQQNILS_[SVSDLW\Z[_a^YRMUSST[^\[VVNR_]WVPQOW^aYVRXY_f`LMWSGP^b[MILTZYRLTRRTXWadTMPQLQNRWURUMY_YROV_db[[\PCPWTMGRY_XRWRICHKXcbZTMLZ]URNRY\\UMLPX]_b`^Y\[TOXZXTKDMOD@LQOPSY``Y[`[U]b`[FLac_bbVVW^`UHHW\ZQMOPS]ZXV[]]`faRCLUYSQKJMRSJFNNMONNNDUhjlf_TPPXX^ZWXQMUZ_aXNMQPQVUNKGJLOLBDOPLQQMGWeaVTQT^Z^ehedfbWT]`_VOJKNLGIS`b[OJFDDNSLKHTZYWRYXX[^]ZQKWa_ei]OVQML9BMV_c`]UOX`bUJ=JPZ]SFPWO@FU[[__TBGNXWMH^id^]^`ZZ`\XY`_b`ZWPQRRTW]_\[ZZJKUPLLUUY`]OJWYSNccYP[]WJMSQS\\QQXXSPJHNLLKFMSWVRIELUSKHI@AD?GRUUTPLLGFOYVROTXURRIKHDA>LX]YSSZ[RKLMGII8O\VLCLSQRMGEGJHMT]`^XVW`[MFOMKR]b]VTRLMOJHMKOUSLOPQVVSTUNMWUNV]YQKTXXVQEEUN1>X^WW^_^WJILRNRQFIN\^QJQQU[VYYGBMV\VV`_\ZZY[USUVQPX]VS[[TGMVZVMTYZ[ZMBHJFMV\WSMLNapjRDMJJLKBJTUPTRPVO@LY[XRQOQJBEHJNPRLGURTZMCMUSNPSQPRQS_f]OOMX]T>CIX`VOFCLX`b`ZTIGFIOONPW`ejie^Z[[QRTKHMUXXZ]Z[_^XSTURC8DX[WS[]a]RJOW[SY`b^]cde`SKWWTVSNMVZ`fbXXRAFVTMWXRTTQ\b\ROXYZ\`]UUVRLR[YWTPTTNTWZZVMLK[c[XUUWU[_`VWaeYHL[dhdZPR[d^ZbbWZUNN[bg\ODBTYW[^WQWUW]`ZOPSOWYPQJPXVRXUQV]Z\\YdaRMOY`ZPL]_ZPNIKSY_]TKNINUYZQEAPPNHQ^g_^`^YN@2GX]_ah[gcUXVUVWYOP^^XTROZbaVRUTPS_aWNSZN;MVZ]PKIQZhmfYIKWZKHJKLLLPXTNLD%DUXWSWQRRTW\_\]WTV`^QLTWWUWYNT^^UJOXOEGFRXUSX]`b\SEJSW][SLQZ\Z^_[KEP[chbVJLZekgaWPUXNLVY\]]XST[\WOWacZUQPJEM\hkbMJJFMKN`aaXNVXQU``VMJLTbcfg^SRW]\RLUYZQQTTTLLSU[ZWTEOSZ[ZNWaa_USceTNSX_ZZXNWedZY_`]XNGQXOOWRQNMKRQPQMHHMFEX]RMLY[RLBP]bbZYgbOW^TPQRMNRQOW[RJRTQDBFHUYWQJGMWRHC=DOJJJJJEMSRX]`V?;GGKRN?BENTSTYVXPDJTMDGAPZVLJOPNOMMLPK@=BQUYY\ahaPKTSLQ]]WNQWWFMXYRGDMTSGKMNWZTSTMIOJS]YKLX][RB?EHOKCF?KRLJIKMSWXT??GLNSRGR[VRVQQTMTWX^XTYULPWO@MONLIMMPRJ>8CBHMIHKMJLMFLOV\^XNRRNXZURU[]SLJA:CPMMQLKSOMVVMJPVNMQSX]`ficRFLURSZ[QMQPJS]`_VQUVV[aZO[`VLSX[]YTT[UQU^\ZWUJBLWRIRSQTNGDBOWUPPNIGPQN^\NNTXQRZ\OGLQPRXTGKUZSKKT]ZKT[]XOPYWLGR[]\Z\]ZVVSPTX^_]\\]SKW[XWVQMW[[XX[U[_`ZZOEFQVSYUX^XQUXT\__^__ZDFY`P=AGPTU\]ZVTVbfZX^^X[RKDGIJLU[LAPWXWPXgibQSWXXRKW\VS`e_MPO\ZQVYWX[^ZWSHPYef^TUdaY[TFGHQUYad^HDLMEGUVUUTSHFPPSSMZ\\ZYWPLXYVXVSZ[YO@NQVX[a[TPMJHQ[]\ZVUSZ_efhbZW[]XZ\P;HL?=O]d_^_V:=OUSNMSYXSQX_bcc`[XNIROPVYVMLQZ^TW\ZVbii_Y`WSYY\ebWRPPLSRHLWYYXWUTX_a[Zb`XY]aec]U\_]XWXTQKMGPWMRXXZPPTQJLUZY\__a[TUXPUWNV^VFIR^_\PV\ZV]]Z]`WY__VMS_[UTZ_[OW\\]UMOTVTQRV`d]WJXce^XVTQJQVVYYSNIVccWPRTWQLY\X\\X^^UONPSMRWZgcHELQWTNMLPTX\^WMGNMKA<CLX\`ba_^QQVPKURPYYXYUXWQPU]ZTSXVSRRXVQZ^YLVbaVJ@OVTVVNHXYUQQSWXZWFDE>HXZLFR]ZORNHPOV___`WFMLHRVNQVNSSX]VSYV[VOLLTYV^ZFQZVPXYKOWYbb`c`UUQK@=7U_ebbd`]XXOY_]VOEJV[a\XSPW\]cmplcYXTUVUPFKWUNRQVQUZQNRQOIMSVQLOHFY^[\]V^f^WUMLYb[PUZYTLOOSVXYX^[ZTKJU\NHW]TIRZSGGSX[QNMLR]aaYU\]Y[^TPVVX^[UVPN`klc^jsna\[\]eeYPZZRQOW^^]VS[W]`[Y\^NW[WY^[OHV]WV[\WT[`YbcRV]]fig[]]^YUPLY`]W\SHIUY_\UXWRNXcb\XSV]]W\_[ZTVbhe`Y][WXZWZ[YRHFPRR\cc]^[TMFOWPDIRWQTQMRTZPWabS`[UTKEGJYfcWNIJX[VLWYYde_Z^[QP[[SWWQV\VG>@IWWRUTVWSVZSEM[TGUSKRXRMLRPGACMQKFO[ZVTH@MPPTUVTQQQXYONORHJNPPQPGCHIICINJE?GMVXTOMLLMQOOQNHMQPIABRQOW[TTXWCFLONQVPOUURQJKQMIJVWV[VZ]ZY[WQPUPOUX[ZYQMKWccSKW]XNHLW]VS]fa\][IKTWZ`bdWLJTXOV_]UN;AIHJJLRJPXWOPXSB?MTY_ZH>IRWUVWPHMW]WTXUORTTWSGSa^RQ[]YTV\\PJY]ULZ^XYXWYLHFSZ]]YXXNVWTVWXX^a`\bb]YVQSY^d_POJHUUTXa]NQTFKUMDBIUZUKSVURZca[YQORLBDOXfkdYVVRNLIS\\_bb_`[ZRT\fgbcb`VTZURXX[]`]`jrncQPU\ca]^b]YV_c]WZa\QJUacZRUU^cbjxwka[T`dd^`hejie[XUM_moc`]\ZZXWU[_TEK[_WRRX_a_Z`eb`bd`W`j_ZTUUPF_[]`^\ZOYb_L.CYWTVWX^\WXLO`eYSVKN\\RMTOLKTYUTWOG?DNJLIMR^ebYWXVNJHIQ\]VORPMW]]^_^cgcYJRV]bbPOZ[ZXPRXYULNGS^[NSXYcihaXXYNNX\^UHMPSSSVTUMCKHG:Mkrkd[RNJQNJS[[RNTXUICIHNXZYUMNVRQOVa]KCOPUXOO[XMEAGXRIUXVOUPLGMQLKOPIJQTROQKEPVRWUNVZTOPKLRTPKQSPWZUFHRYXRMTWW^aWMFJQNKMQRST]_`WIDLTRW\YVXQKPJS``SMPLBIMFNNPQW[WIPX`[ONTSWZ[\b`VIHEEFDISQFSWLDSVPPOWb_VWSPOIY`ZXYVLMNQKIHJNQXWTOTZ\VTQRWZXTKSXKYhg_bb[WOHQSJIKTURVZ\cj`GBHPSJKLAQ_^TOWVMQSRMPLC6G\a[PfdWU]XYZSVWUTRSRX]WIO]]TNPQJR]YZdcWDES\YT[W[]ZV\ZWXTRYccb\UFFVa_SY`\UXWX^bWJTZTROOZ^^Zad_X]`[X_a[TZ[V[[QPTQXWOGR[XOQSWYWX\bfc^UVX[]Z[YUW_]W[\XYVMI_jkdXY_ikeWVXWMMZUVTVSJWbllbSSMKQKOWV\\QNYYOIGNQSVTNQ\^ZSTS\de]]ZIDXZQOFFIQ[\YWYXOGMORKUPLNP_aQ@ERUOSPOPU[VQYYORWUYWSHKMKSSMLR][RamnfUOQ@>B@FEKSXc^[W[ZVX_ihadjhffa^afoolf_]YVYXRTWV\USWVXW]bebXIKRZVY_Y]`YMPRLIQW\_ecVPXSQWZZWY_``XQOOOQWZSOVRQU^VPVUNHKOXUPOR\YYZWY``ZWS?MUWKKKPODDORLHSX\TLQQNTTRT[_Z[WIISW]cida]XHDSYZ^`cb[OVWSOMJYZURSZ_XTTFKNOZ`ccddXI?5AMNJNT[XQRdebbbabTMTaidafY[fkmlidfbXY]Q7;[daa\`\Oau{ymd^ZNRVURWZMLTTQMKQ\`[_`ZVY`d^\\jtt\NBEHOPL]cYVVQSTMNSUSGKSUPXVMUKLURIWZJWe`\OJHPTYVUQUOEJRVVZYRFLROEV][VQTMBIYa^ZYWY]XT\\[YXTQSSO[[TWVTV\^_XROJFJX]]XOW`eekoicZJ>M[YONFDS\b`[ZPLQWM@Ianja\RSU[\QNOSZWNMQOH@GFGLXULFKKPRTQQROJIGGNSPECOSROMPXZ[TKLJAPSTRHKRJFZ_XPUKHSOLP=FWXXZZSPTSXZZQQ]__[WVVOT[SCMURRRPKFJLJJNWWQRRRMJSVY[XPSSOBLZa]TWVSLPRKKKNOLHFPUSPJPUQLT^\Zbc\NNSMIIEOTQU]WOSVSSRWWJKUWWRGPXWPUZTLJSWQHOPPUSPYeh]WWWPU]\PV^ZJIXcgldOMIL[\WQTYQLFFHMRRLPOKQSQSVR[[SQW[XQTVRHHB>?CF7>VIIT\XWWROLOQZ^TT]TGU\WKAETW`hg_QJU\WU[YVX[_cc[SGQVNGNSWSO[\XZ`fdXUPORKVZ^a[Z\RHBJV\_\XXY\d`^acbdii]M[^RU^bgfYQZUIIQY[TT\[^daUOUWUWMIZdcZZY[]YUXRL]jkg\^agce[^__]WOIMSY]_^bedaTKIQRHLQHKZ\WRTIJT^`UPVYVNS^`]WV\e`YXW[XWMHPVWVQSTTW^YLHNZ_[UUPHVc]MKMPW]\TMKQVXYVTQSNV]YTXUQRMEBV\_TYlfTXYP:?MNN]MHRV_YPT[X]enqjffojfhjgie^[SOPXVUIJW`bZAAIT^_ZXXXYNFLZTTWLWdcUJJCKUY\]`]VUYZacYWRVWVZXW\]VLVWX[_^^ZZQLQUOEORROJLMUW^]SUY\WMX]\X[WUVYPMSSRQOSSPWWWWZ]ZRQOPOUPJOY\`^VR[^XPPWce\[d^TY`a_YVVRQPPPST\^ZYYYV[YQSQKGSVWXWJ@AOUNHN\_`fje]^ZQYfb\c_VQ`geaafcUGHNQKJLLXagdVVcjnmjjdXGLPUQVVUWXVUU]glhfc]UNS]ZNOcryjXQKHQ[_^^bWOQSMKRY]ZOMPHHTSSXYVQWVMB.DOHNRMJFHTUNQOKKTNDBIONILQKW__VQKALR]cc^WOS`f]QQMLFGSXWZXSNPVNFHEV_WIHONRUWUQRXdie[^_[PPQESSFOUPONNY]YVV^ZHCUcc]WTORGTabca]WTIPTM4HTWWNNMNMHHXYMS``WNNHILPUZXWZYTOX\VTSSSPBABMUSKUVDQ[VRM@7NSSOLMKLY_aWLLLSWVQRYZ]YRJEGOTJAMTN>PWPOSVURKOOOTSQQPVZWV[\TPPGLTW]ZRHKNWXONVWW[^^`b^OJ@MQOURQMOOFEIMPIJEL[`ZWVVTRVUUVTRIGNTLJHKIDQWRCCHPKGMPQSOQS[`WIOUX[UOQPPMIJOZ``XOPKIPVSTPKOJMU[a^VUTPLLLHDJNVVOJJWXUORVJJSMJQKEBLMLTYWQOHLNOMTZU@GLFANXWE>LEMX^bZKMWVQYST[\TZ`\UCBTQSTKTZSJWejbZ__YOOTW_\KJXTTORLV^]X[]_]\]ZXVU\`hhf\W\^afkhecbfc]MGTUWVTNNPSPSW^YVYYWYZTTXW\bfd`WW[ZZUNGYTWbged``_XRXa``e_VP\^WRGSWPOZX[`]RSPNUWZUN[^\YUQZVKNPV\TFQ`b]UT]ZT^_TLTPOX[ROYee]\UOV]ZPNUZ_fd]YTQSUSTTQTUTPKQRSVYYLHZXOGVjh\Z_RILLJAONKVX[[ZWXYiruyteWafb^XSX^^UPPUZSQVVY_b\KPRP_fb[URTKKIHJOPMTVSSSQHOVRWUIKPNETb`VHIPPOLKSSOWTVVJLWY\Y\XWVOLSUTZWLP\][`_ZQDINUUZYQJOVTZ_ZQMLMOQPWYUXWSTUOJQQQ[ZNCNPW[YUYQNQPWajd^YVZZZZW_`]^]]^ZXSVYYVY_YW\eeTJMUWUWUOLJOOJJQU\\`ge]^aSEUY[_\UPHPZ\[WRSVWWRNCHLR]b]U[^\]_ehaXTXbgkgaadccg\Xaf_adeYFHJQROhnlZ[_USLQ]\^`WH8FHOU[_[MHHFSWUQQTQRae]K@JZZVTROOX_`\PF9>JKMQY`c_TVV\\\[XWLKSV^[LOSVckeXOMITYXUNVZROX\QO[NBQZZSKHMHU\VOV`_RMQRTQOPNFND=PQLMW\YTTLOZTLTZ_[UNMUUTSYZVUK@EHLLGSXVZWPRSOKLUVQNQUUQNGORQOOSVSMNSOV_\RSRNOGCLRSWTMJJONJHHGNTXXR^je`_[XWWRKT\ZV\^`XUXQQLPSLEXXTWUPMQU[YSPWZVSPOUUONTXZTRKEPURS[`WJITZ\]_]XWX]^^YRPQW\WQPYVWVRI7CNIOQOZbXIFQQPNPNKK<AXZZ^a[SNIDFR[Z]a\XVOOQU[`aa^[VQRUSUTHZacZSMK7?R[ZQHDXaUFLSMCBEKURNOQPTY_bZUXSNMRXKHBOVRQPMIHLMFNUVKGBHSQMOV\]aa[UQGBOWSJBBIPNNGAJHBHNNMFANOKKNIBJLLUXRGGSURJNRVSPYZUUPKHOQGGUUOSVIV^[LOPR]_SJDN[YMSXZVSYWMKOI<@FSYIBLKCHHNY[WL@QVVNOUUMSWV[TOSUX[WJCKURIEBJNIKG;DNSKBFHTSKMICOUICRSNJ@HEE?BJNNQjiTQXRHMRHMTUQ@FVTNPWYVIKKOR\a^ad\QC88>GPKII=9G;DQUUNMKJFD@BILP]VTVWL]`]ZYXQCRTVXZRR^_[[_ffb[TLTTNLSX`ZYUZWPUVSSV]ZSTXZQT^\T_aY`jjd[LDRIELVWZWX_f`VVZ_a]PGORWXSQX]^_UNN[_YPXaml\ESXORRLGNT[\VY_YWQLQJKPM[_baZY^`WPVURPNSY[^XUNSabWSUUVTPOWMQ^d]TUUMMQY[RXc^LUaed]ZYX^\LKXYU[ege[IIQQZYSFPXWWXY[baWFHOQLVXZWWb[NOQLZ]WMOV[YOR][YT[gh]UXOQWZ[XZWS[\TLLPPIXd]RNOOMFBZ`]Zdg^]UGEHUdkh^QNJDMQQZ][WVUZ_^[[UQWVX^ZRUUIJSRT]^[NIHFJYZRLGNQHMRUY][VQW^`VGJYXJ???IRWS\_]][USNY^[PQSOQPSVQQNC?DPQSOMKIMOLGGR\]WQOQRQQXZSSWYTQOSSOLNRX[VWMLQMNMT[ZQQVfmplmlighnhX``aZglhnuo]US[jniad`^\[YLJMONKEMSQNUO@FPONMIKKQPKPPVZVUTF=IQRIIKJLLLNTQJPUQLN\[ZVT\a_QNR_lspnggieZUdlisyshbZPY]UW\YKWfeUVYU[T]ZPKQJSZ^_WLLSRLNSVLKNPU[][UVYIRTXZUUOFGF>BPTZUT[Z^^SJJJVYNNQNJSZ_c][NKNMNRGFHRMBJTWZSEJRS\ikdZTPRTMSVNLWUVWad]RRSNM^e_T[WN??LQJAKTSY_WLKJMHPXT=6Q_LGN[]YTWVRQYVOSJIUVQSTGHX\KDMTOMQQRTROJJIP^^TTXFDV]SJHB=FI?HSVLOQWVL@FE?HIDDGGEGIKDDTWQLKBGKMXZPGKSLIJG@FNUZXMPWVPTVU`e^MLPMME?LSRQSNNVQE@DJRSFMRI<@83OTORUTQMMRMFJW_^^[VXVOQURLFWU@ORGJPSKCBHQUHAJUQLJEALIPOIMPMHSWPC?@GQ^cXKRZRAGLABQRSNQ\UCNTK?F_d[QSSMQSJBGIIEDC>=FEGHCGMOSTLBIMIDNIGPXNIIFQY[YWUVWWVPX^^[W_`ZOR\]]][RSZZWZ]ba]KQ[UGN\\WW\SIHDNTTVTRVX^`XJZ^\ZOQ\_YPHQSX[bb]Z^[KKXZTVTQNSY_]OPRTPMSW^c\TZZJPXOIVZWWRO]WTXWWRNSMO^^WXX^b_]ZSWY]\`ac``YTQTQNTT\`XRWOS`he`ZYWJHWWII[]YIDJD=HHJSZWUROSOFRYTHVXQYVTWRL\faWUbfZKRSH@GT___aXORPVXQNRW\VRUTWSW[\^da]S7HXUY_gh]WYXTVXSQbpuhZUYSMGUYKN_SNTRZ\[bijbOLVTQQOM\[IMPTVSW_YSKFLS^VGQUKNVV[`hfWDIJNQSMHMZ_WWTVU[VZbbe_UXWVVPMPTSRRRVWZYSQVZ`b\TUZXY\[XVTRQMGNUVSEIIJUXQEIOYZ[YYWQJQRQTOU\WKTVLNRKMU\a^VUNOVRUFFTSVad[dfZVbjhVSNFTkri^b\SZ]`fjcW[\XX]\VSRNPSQQJPTYRHMPROQOHKRWRRTVOPHACNXTRPNJMPPTVZOIQTNJNUZTObd\VPPRZggejojhhb_`hjjeaklhb_`c`RLWblohZOENTa^QW^WVY[]XUUIIPY[^UKMYYOY[JBWXOQU\ZU[JKJEJPPHFJNU[^VTTQX_Y[][TMLJOONZZVVZXND5;LIHKUacSHIOWX]\_UNPSTZaa^YGLRWZYJGRQPXdhaeaUJ>FQJGV\\___TMMOIFX`]aglFQQLJMOOJA?OTKCFMUSOWYQNOUJ@U`_PPWRHRTQJCDT[X[\YMMTSMDGSUNDZa]VWRPPMPUSPLKJW^[XYUNRUNMUX[]\KW\XRKFNJ@HMFNKGQMW\VWTPPS[agbLHMOOSVVV[TOPWVNFA;IWXPRR?.@PVOGMTOKLJNMPLPXWVSITVE8JPRIBHCBPRHFLKH?GSYUPKFPUQHHJLLQMHSOLUYUQTOW^]VPFLRKHJ@5@OKDJWZX^nn]MF\d[RIAELKD?IIEOSPKHKQSQMMKIQRHCNSOFLPOJPYVRPO_`PIJMOLQPPPSUMJPUHIZ\UXX\gg[LMN[__RGJPW\_]YQKSZ[]^YSSTQMRY][XW__\Y[b`ZPHVPEQ[^`\XYQP]`\VLROZ^[YSZ_W\_\]^ZYYYXK@LWXWWZVT[c]PKZ]SANXU\WWafge[TQQZVWVWZ`jndWJBJZ^[Y^[[aYTZ^_ZY`cWPPVRU^bZMLHI=JZ[PNTZ]bb`VNWVOV\PLIXaUOY_]WWVSPMWZVQPST`jfWPNIVWCJXdiga\ZZYRPTOO]_VSX^WS\ec_X]ZW][QWetskUJUYOGNMRWXQQYUHUVLTUU]_SCSZRQVUNJTSML>FKCOUUSWOLQK\ih`YOILUY\SGCTVQUahd^__^WWVRTOBJQNIKPPIMRMBGDDQWUHFJRUXOIUYSOLJLMJI@FQURPQIMSQHRVIXYS\^WOHJ_c_VWUV\^YWVJKYYNQT[[VY\YUFI]dhhf]PP[HVSOV[TU\^__WVMU_dc^NJPNMSVUPQRSMPU\YRZ\UJMW\PCGPMOVXUHDGPSRPIOVWXXVRHOURPTYTOPOQLKDKQUOGMPSQOMKHGPXXZSHHRS]i^KPPRQTROGFCOVUYUGKRZ[TRXcmkcWPX][]aMOSWXZRWXYGT`bXPZYWZ\UDMPMMQNEOSOLMHUVZ][RNQRORY]d_SQONORQSZ^\aZWYacYX[UP[b_\XXUNHOPEXbf]YWEKRORVRXXNCSZYX[SUa[QMRL@EENV[XPTUYVKQS]blrlULWZ[V]a^NLQQVbd_ZNIUWVRRQIAXZQGGPXSGMY[^YTSGQRMRcjbOCINXY\][WIJQKPZ[TSZTFMRYVRPNNNTSHKWRGORQQQUSTSQNNKJTZ\X[ZVINUVLKPXWHM[_VPSMGKOQTY_ZMZ`cfhaVWYYWSDGMPOMY_[SIHNHMTR[mvp_OVXZc^^[ZZPQZW[YUUTX^\ZZTP[YSRTQKKPX[VT^^XPY^cffaYURSQXafhbZRYTGQNDT[`aW:HVXY^VIS[]^\VXYSXYOJJMSWXVPUUZda\UWW\bc]ZZ\b`\WODCJPPVXNDRZTJC>FZekjcRQVZa`e`WQEEG_a\SFEHQQMJQSUSSSUPIHQQJNPOOSOQRTRPIOPQUWRPQUUQSSKGDBQST^^VWPB<9GLJX_d`ZQKSXTUOR\]UUWLLHJJBDMQIAFMRUPQQTWNMMRYZSIORKKOLMOKHFTYVROLFHIT`^SJV[YWWNJMKOQHICJVWTQQRQHHRMNWVWYSBGTVKBCMQPMSQPTTYWUNNPVZSOIIRX\UKOWQKUTFKSPLONO``SJFLB>JEGRZXK0EPL@MM>?NRXddZTP]XOSWY[ZTPKQZWONVWTQQV\[VSUTQIDHL_mqhc\TLSUQSV\cd`RR`d_ZUURQXSS^[V\`ceaST_WMLO]_SZaRPTWZTRRW[\UMNLINNSYWSQY^VHW_TOXSUVUW[_WNPQVTS\VQUY[UQORUYWWVLRXVY_PU]WQ]b\WZbb^m~‚wZLNHOSVX]YV]`^[a_[^]af`\\]WSSZYVTWWQQOORUZXRMIOZRV`^ZTDP[^]YTY\`bc[ZVQSVSPISZXUU\\GJOTTS`bZ^\XZ_^]bdX[YUMQP[lvm]TRQL?GROHRYF>VJPEW_Z^d`]^c`VVVNMHL\TNVUOOCJ[aWX_]RLLPVXW]YUYRX_QCJEGRZ[^V;AOS[__cdZP[`\]\TXRQS[ba_TOWYNONMUZRKQY]_\VMNRLTKKQOVQMSYZZYMKCFMUYY^]ZZZ[_[STYW^`URTTV\aT=HURLPXYUXVI>OTM_lndVLHLQPPV\WLCOSU]ZW\\TNMPVXVNOPEEPTPKHPUQUVTSQXRLSUOMU[_ZSMTT[\WKHNXZUTWWQPXXUVLIPV]ZKMVchh_MLXUSTPG@4>TacWVYUH9U``aig^ZWWPX^XOYYXQSY_^WRUSR[]]\ZZXNGNPROHK_h_TYZYUTU^jf\NOWXYaaTOTTVRSO?PXZNHRWOFX]VUUVZRISRW[ZYTPSUXZ\chbQCMVYZWPJQSJLUTPQNJHQYWLT]__NQ`ffghcN?AB8YVNDEIHEHE?HQQSOMQSPKMPNPSZY[WNQRYYSTTRQHK[WJMUWPKMY_]YZYSVZ\ZSOICJE;CHEGVPCORJHINRPUSPTSWYYRLAEMKMSY]_ZTNNQOJJEDIRUSQROFCILVVNPTLNRKJQRLFFBDGDCITXMUVRJ;QTTPRSQZUKKX_VOMS\YWY[[[URXYTNGOXbffXWTMLX[XUW_de_TVZ[\ZVRLHPPO\WPaa[fi[Yd_Y`c]ZRMKNUUV[RNW]aZVQKMW]UQ^\XWY_\V\[SKP[][V\\bd_UTDBWd`SVe`MKRWY`]WXWU^gie]RTUZXX^\VTR[dhk`SVRPXSCJU[Y]]X\`UOVXWZYRKT\WTSOPLMSLGVVWTXTSTOQ[ZGGQRVXTWYDJWXWV^dc`\SVY\YQQTITTV[JO_kjcYVOMQSZ_[RU_\RROGQVYn~pUV`[RNV[ROWSLEVhnh\VLJMRWWTTONV\YPZ[WK?PW[^ii\PW\QJSTYZSSU\Z^b\Z\VVZYUGGR[Z[UPQOLJU`\TXSV\UHAXZNKV\^\]ba\]_eeXPPT\\YZPQUUW]SJLKVccRS\WLKU\\ZW[\YSHIQX\SMQTRSQW^eeZSUWZ\YW\cc\V\_[RVUUVVUT^]RKN[gidY]]USOFCUF5FNNPPSLFPXYNHNMQUNLMEFMOTZ`WNHJLNOKOOLQXOGLLHFPWYZ^ZXWS\]_\UJL@?IJMUTSRQNPYZRZd^SV]XZYSQW^__UPPF@NW^YTURIKKX_YGQTSVXTUSLMROHQMJJKSSLLPMHWXFQ\\ZTCMUPJJFOXKIPNKQUSPDDBEGE?=>DAHILNOOKPXXUQLFHLIAESXTG79BGJGPWNLTORQRTYXSRWRIKUZ\VMICLLGQUPJLPU`b_[]kiYFMWZTSYXMIWSQJBBNTOFIQXVZZR@CNPPPFBPODGPSGGQLTW^`VOV^[UVURTZ_[YZRKVVTW^_YNRUWNCLMMRTPLOMNRSLSZYNQ]d\][VUSLOOSROQWSQ\fmhaZU][XRYcb[UPY^`d`\gjbRLPILYZVOQTW^ZHHXXNKVXRNUZ`_ZY\S[d`W[_dicURYT\_X^cdda]X\\_df`]XRSW`^fi`SMUMHUWRPQSS]f]OIKTZZSTTVZXVX[WY]UQUTUUSW\^`egcZHLQQT]]ae^V_``YZ^_VRZ_`TJQQCBMRVSXZ]b_TY\XTQONKMSUQLV][UOHMUalnh`ZYYWQNQYUZXRKSLSUPPQUWZ^YZZTZ[[c]TYWSNOPHIPQQNU[[XWUTXWWOEHJW]YSPTVR\fdVEOURIRXTUVOBLZ`_Z[]YLQZ\VPTUUV^]TSLRQTXWTMFTYQQVTVUFT_`WSLGQWWW[]]WVPIJWQISVRQQOKSRPNY_]OMOJT[YSOPPMJAEWini]WVNQWRLSSLMVTW_]SJRTNKX^VKMUQJEITTUVTPQSWQPORSRURNPVXMFUYQNX]TUXUTZ][MAGKLGOWVORU[\TJSTQTOTUSKITUNP[VONOPVUNHIOPHSdkiaRW^Z][SSULKb]VU\]]XLKUWWPRWYRLJGMRQUOEKHOTVUX^_UQVYZ]_XPOSY`]QKMZ]RRNKUZ`]fcTPTRT^be_[]SKT_]QLSIDCIRXZ^\feWPUY_VMWYVU_\EJXY`ba^_UW[]^^ce`KP^aWGOR]a`UXkqk_\`\UI@CECIOPNEPRLQQR[_[ROWWLBLPQJJTWTMRTQVSNPTNFEJEHRRQMKDGLRT]_VVYOV\XEMQPW\VJEQUWVVWTO[WNR]XPVRUXWK@6=AMVYUZXKIQVZ[[SQKHQUNKQNGXZY]ZSROMJPNGKMQUOMLBLZ]ZSILTRFHY]PIE?DLJIIJKNMMNMLLLGPQG>KMFJMHGFJLEFCDKPTSPPORYVKQWWPHKKHCAMUYWMGHALPY\SPSTNTacVLSOCMRSX\TIIIKNUYRDEOXYH:KMLRSQIGSROQTOPMOKJTRHOTLOWUU]_ZQXWRTTS[[ONWUMNX``_\VRKR^ZRNQUWRPRNRXSDKX\X_hfX\a^XTJOVVPJNNS\aglaY[Z^a]WX`f\KOUXZ[][\bb_b[QKVNTXVXR[c]LKSYTX`]YQQ_ca^`YQRST_mjXNPY^WVXSVcni_][[UV]dgc]`]\hhc`WNLOOJT_]][UX``XQOOTUUWa`bc^V]_W\_\Z\_YVSKS_jlaRHGOY[WZ]XUWYVW^SGPVXWWQ`f`XSMU^_[VPOV_`TVWMTVRNUZ\YPLX^]VTPPTdol`XQVYRMQYYEGONMHJQOPXZQD[c`YZY[\[]USWROSSMJJINUWVV\__ZRROIEGJWWQIRZZVNS_]SOSYYUPLGQZ]QKX``_^ghaTU^]IBWYLPO>HU[QOQU[YPGRZZNJS[VEQWYZVGDMTQPT\\]^^YWQP[_[SSZYOLPWcic[RRLWcaUMCGQTJ?]nogZUVVPQMLNOKJOR`fcXKW_ZSRNMORQKNQRYTMLRWYVVTSZ\WRXLAQMOVSLVVNQZ]a^\W[`ZQRKISRJNRTTZ[UOXZSUYWHDKJFJOVeg]TVWLKMKKXVWWaksric`YP_cWRGGGQHS[[WWWONRRRSTWTJHKNO[TRRNRUWWWQQUORcfb][YQMY_Z\VV[]_^QU[X[_c`aVHBQV^fb`^^bXMQ^gbXX[UPTXUOSOVa\S[ai_R^cXOJOOOUZ[\ec^Z[URZXU[]LEVc^[XOX`^XUchbYVUWRIJQWPNOQONQSM[^QMQPQOLOKHMX]XQGPTJMUW[[UOOVQFGLV]WIEHRSGHQRMPVYREKNILVURLMNVYZXSVRLPMNTOU[VYPVYODKMJHQZXSV\PJ?CV\ZVWTQQVZVVULSZZSGIUXSDINMNOMUO?ADN[_UOLLGLTONIFINRSWMONOLKIPWWTPLTQTVEEJMPGJVQGHGOL?CHONOONLVZQLJGUVVMCPTRLJPOD>?DHHIJUVNHIV[RQWVHJVRQGBFORJKSVPEJORRRNPRHOVSKKIGJNMHIRY[Y]`XQYW\TUXVa`b`[QV__YXZUNMDKYbhfeZWRJWce_T[\SKNTXZXRT`f^]d^Z[Y]b_Y[\VY_XJZ`]KQXVRY\XVW]\`a[RU_]TV]adekmfSPZWYZQU]`bZPOSQRRUSWZYSMJPVX[ZLLcnfNLIKTXVI=Xpyq`XTMTNGV^a_b^VV[a^TDHV]WTQSRXRPUWW[XY`_ZW^`g_HIVZP[`[VXWT\^ZZU\]OXVV^^\Z^ffa`ZQP\\ZaaWMLHK\`_\WXagc]WNTYROSP>FWQOY\ZUMCU^ZKNTRH]ppaZZYW[YTW[__TMQWVZ\ULQVX[\WKOSQNTVHHYTMRUXZ]WPQWXNLW[XUVXSFJUXWW^\XRPRVZ\_\\fh_TPLOQSTUR[b\T_c_]__^KHSTNOOPJPUPLLKNPKTY[aUBLYXQR]aTAMTRINGGPURNPU]\UTTSUX`]PP]ce]VUXSJMNFCJINZbaZ_cdZLO[WTUPMVRLQbhh``\TQVa`RTVY]ZPTYXUXRSVXTRNHFA:CT[UQPNPXWLHPONY]b`\X^aYRWWUWSMMLKKQROX`ZNEDFKKGLSTSW^a^][VXVFCLTXZ\dhid`]TSS_fb[FOYQRZ`a[TPNX[VTZY[aZRINQXYYUFR\^]ZZYXR^g\MQQSWSMNKZ]Xcea_XTYXOMPUYWJP\V[cb]\aa````eb_didLFU]ce^`b`X[\`\JWc[VVVSLFQ\\`fdZSV\[NLWYKJSTZ[SVYZSY`ZZb^W[`_OGMQQU[YRNVWSTZ]\SUX\^XLJPVWONQQRT\VT[\OPORNQSSX[XTTKQWWX[\U[_YOPGBJUPFJPLCCE@EGIJAJWZ[[WSMCT[SX_[VV`e_QEOXWMNVVTNLVadedULQOSWTRXWPFIRX]ZW]agj[QZPY\X]d^XZYRVZUSYWIU[RDNWTLCM`f]X`[Xa`OGU[\\cb[TXV\eeYP\cXHFMRLS[ZXPZih]XWXYVRJP]\SPVSEVVUUT[]aa[TOI=MNCBNWZVTTX[[[^[TVQY_\NLR[___\TR\^[\_c[V[`^^_[NIF@BPXTGMZ\YTQZ\WOTX]US]]WTRBACSb^Z]cbd_SU]^_ebTRYZYSIMMPT\bfe]WXWUURSYSFMRUVTY\[^[_a_cb[RQSRVaaX_aadhc^SBQY\TPMOKJYef]VPIOMJNSJH^d^WHIOQ\[UU]_ZUUPBLM?EUZWQU`[MHEAGDO]]_b[SOJQPV[UJKICLY[Q?BSWVQFIU\ZPP\[TRTRVWUY[UOS[Z[_[R]VJLPTVOPBLSFSace^UYXQLCPOPRY\Q?J^]TTXUVZVM@EX^ZNNX_VNDHNLRRPLM\c[QSORONINLMW_\RS]U]d\Z\XTVROGYgpoe]TKLRWdb[YWWYaeb\[Ranj^RTSTW\`cZYcb[OZba^^cWFPNK]d]`igXORVWMHXIYZSOSRNECS^YW_bZZ[ROX\YQE@DMNROR[caYZ\WMJSTVVPHOSSSSQTVRJJLKKOLKSQYbYRXXV[YUW[SJPUVPI<<>+EXXLFJQP\eeM:FQW[YPP[ZK;KVWPJHHNWXG=PUXUQJGSZXJLRSTTPNPHRSNOWSJGMJHHGLRQOQO>@QUNS]]UMHJBIPSQONGLPRVMKOQSSXVQGHSYQCJY\VKVXICNUWTUOJHBBRVUOLTZZXUOMNSUTW\UT\RDDMKFFRCDSTUQNQLJHFHKGJGGGKHBLQKKJIHDMYYRRVYNNTSMT[^^WNHHQRPXVJFWZNMRSX_]VUXW[]UKV_\ZQKUZYTVX]`XNUXWTTMJNWYUT[`cb_YPQQOO[[XURSU\WOO[db\`aZTWTRRTXZ\PObeYT`^VLKNQZ`c[_b^]YNT_^[ee^\]U[bWVZSIQY`^VLUZ\\\[ab]]_^VX][__ZVXXYXXVOSZYPORSRLMVY]ZNLSOT\VV]a_\WNIIJJT\^[aa\TUYXZecV\b^_`^ZPUVQPW\OLU\W[YQHMbg^QQX[^iiUL[]UKAKLJNV]YWOL[imiZSXSNQUPFERYTNGVX]^[QOLPTXWVTPY^YOHLY[NOXSHLTWTXYXXYRIQ]cfc_YHNVUZYVQOX`]YZ]X\]NMZ^_T=DV\ZPQYWMS\\SUWQUUSPSSVX[XTTQKLOFKUSJNAGUZZYXSMMOVWSQOQSKSUOSO@FK@NRSLOW]YQKLOV__``fg\V]XOOOLJJKVWUHGU[dgmlib_WKKOHGUSSYYVTJ@JJNWXW\ejdOLITYPNTVXYW[\SOKFHHU[VY\VNMNIIKJGLMSRLXaYRTWX[WNPWSLNPYYQPQSSWXUWX[`^SY_XTa]JIQUaYQGTTEQOPYaZQ\]PEJ@F=9JWYOSaeXNJOSWQQROV]URX]MPWZVLKHJKDEW[UWTSWXZWOMW]\TR[X`hhXQSU\\YPKTaaa[PNGDGRWTQSRW[\YXZWakh^RLQ\ZajmmifZGHSSFK]`ZHSZSaqk]aaVRQajbY\R\\YLCHLMIQ\ZPV^Z[^XGL[^SIISSSUSVXWLIGLLTWQNUQPWTQYXSV[`_[QMSJEMVUKM\UDGSL>IKL[_]YVVQFKMKDIVTLHAACJV_UCBKQVYYWZWJAOVW[XLMNQWW@DNOKFMSSSPPQSZWSPLIENOMIMOHIZYRGCKRQQUQ@BPTRS[edYPWLLXYQFAGU\WPGJSZ]ULLTTKHFDMLWYNMPNHOSQNJSXTG9NSOGT^_]SLJNNIKTMKOJFOIDEBEIFU\SNSTTQXWJJPINYPSYYRSB;DEBGJC;IX^\[UOKJNSOQNKD?BHHCSXTPVZYTMOUXWYWTST\ZRWYa]_a]X^_[QGVZZ^_U>FMIU\UWXOIRWJTa_ZWPLIEFNNPXYYTPPMBHYWZnlTQ[RSbb]VP[]UMHFP_U_ZSOEKWXWQNSVSRPPMOSYWIKSUY[_\KCGEQVP?:P^ZKDBTWTMV_YSJIU_aZUZdgaMSZY]_bc`]URY^\abVDSad`WOPKR[\UUTXXUTWUQOW\VQS\XMZdedh[U[aYSSNCP[c`\Y`[NWa`YW`aYWVHU]YRJ@JTTPLIOQN^bUPOFLSRPHU]\SQRY[XRRV[\WBEOKP\[XVGCJOSWVNMUTRIKOQTOMKEMPMLPXZTY\ZSQP[YRSQQRQNWZULJLRWUSLH?DLKNTSOIKW]XPUYXVPONEGV[\SMRRGLQMGJPVTLABFKJQRY\TRWZWV_]YMKH>:>MKF9AMLCHHDOO@IVVQJOXZR@JRRYWSXXWMJKNNJOUXOFEBLPQLSPKGV^[NAP]T?JNMSSEFMVW]\ZXNEOHAJGBF?,PZTPZ[XPWXLQQJOSUQRYVUUNOVNJX\SWYQNW\^[Wfh][cfa\[]]QQ]caecXSTTNNV__ZZXVZ[PCLZ^fe_SOPG?U^\ZUFIQNY_[V_ghfZU_f\XW[_eaa`^OW__XJU[]edZ[ad_Y[WOMV_b^RNY^ehagib^ZWZZRM\b]NO^a[agZLa_KZbaZQVZVWRHR\]WQ]dZbjbLIGPV[_^XVVQR\b_]`^Xcc^fiiZT[]Z[`XJU]]cec_faZa_WUMUcfZIPQIPW^XU\`XGCGMJNRRU]\UYYUML^kfXW\TQUNOTUDNROFOHBMRZceYOYabbZOIRVQRTPJQULFJ@JXVY_a`WHOUZ[^ZVRQZ^__YacaZSYad`^aYX\\]SMQ^^UMRULIQLCLSTRWVUSUXYZYULJIEEJGOQCBU]^ZTRFAHLIRXOMMUYVXZ]aZQ@R^]XUYZVSUUSTURRPLIMLSY[YVSJ@DA@DQSUWXRPLBHXhkaUPOOSYVSVURP]`aQJYfcZZXQVZX[YTQQHR[ZMKQW\ab\YQNZ_[]ZX^`VEQTWYZYRQSUPLU[^XOUVSQQPHMUZUNSWTONQR]fjXSLKXUUaaX`Y[_^WX\YNUTQONTVLHNXZYSFHHPWZ[SMSZ^bgf[QJOUWUOJP]^KFR[]TR]`LKXUV]`TT^dd]SW\RQXLUccXU\bdgkc^V]npa]]TSZVS\_YWW^__^Q8FW[VZWHFNGGT\YJ]^[WOHZfjdWdjf[\hdT^j_POLXGNXTJHEKQQNKMSUXZTLLIGHGPIMWQ@QTMVYUVTUWQJFFFIQSQMNSM>NROOLW`[LRNS\[_YSTX]ZNV]X``THOX^^^VQPNSRV]a\RBKQW]QPSLHNPUYYUP[_VPZYQXVQNRUWWVRTWVXVJGTPRVTIHUWVZVPPUUGAAMUXTRB?DINWZ\YUVMDMUTVQITPJPGFRKDISVJ?KHFPNEAMJT]]\WHNVSQHPO>KPOTSVVW[^XPYikaYWQQSUTCUVY]Q7VQTYU^f_TXZXWZY[YMCCU\[XY\\WRKMPJNW`_UW^^WY^[__[aacf^_b^ad]^_]`]PQPUZQOT]`_XRVXQOTQOY\YYXSQ[^PHXXQJFHMQVUMAHQV[[THFQVVYMJLQGFY\XUUYZVQX\WQSWXSTadWSUPEDMMSZ^_\[ZWVTUOMNRPU[\\UQTWS_faXUPSNSSRZXT]knneZS[b\Y\TMOTXXMCJNLLSXRQSJKRPLHFRWWX_ggigd^ST^_YERaXGRQXZTRL?FOWX[`ZOWULVTN[`Q?Uad]RQNGMQRNLJQLHQTW[UHHR\URSXSPU[VRRPSWXOQXQVYWROQWWQGPWZWR[[UJNPLUTGHNCAVe_SYXDR[^^^Z[[_]ZbdilaXZ`bXPX^ZXUYZWTRQXa^UPX[TMGLQU]`[XTNBANRL[gaWVQCAFHOPTTQ^hioo_injlrnh_[_`TS[OLSZXMNRVWUVPOMWW`jfRKOXZRICQVUenrrj_URW[fidhkfaccdb[OHHAEIJKNNW[[SJROLWZP=AGJJNVZ[\cjeQM`e]ZaS;FSXUOSZWQYXJEOOJMSZYQVSS[aXPQPTURQVUSHEDMSWXX\\XTNPXURU[ZXXXUUXZ\[UMFR]gieZRX]ZXSLMMLOT[YJHPSSB?EHOUTIMSRPPRWWMZ]VOKRSOU^[QFRTMMF?BPUVZYMGHOONHNRPIKDDPNPWXXU[^_\QEFPPLVRQVWVVUQKFHMJJJMRRPIFDPOIKRNKTUSURRWNFKNSUQV[UTWRMLLQMNSRC@KPFLTVUSMDILIOURLHFTPX^^ad[QPNSVSQ[ca\Z]\^\SPKPQRP]_[a_UPSSRVXPPSWa__`ZWUPRQPZa]YXJT]\[__RM[^YROTYOOZ_Z[_XTY][WKOTQZXQWZW[\WUYY^_cegebWMOZa]VYWWST[\c^MWjndRSX\gf``]\VRZZK@HY`ZVVVQMP\``]``b]SUVYTLUSR\YX`VS`g`_b_YTQR@KR]ed][TPSfssiTW[SNZZUXROJHOXXPJTad]WXWXUVWYSVZOIRTCBJM^c^[YX`ZO]badfa_[WOOPVRT\VKGRRUXPJUXPMABPUZY^\XU\bWRX\XUTXXWJT]b[FGY]TV[_ZUMU]_XVY[]^OP_cf^VVUTXXL@Q\ZNWb\XTTYXTKGFQ[VGW_][`b_ZVRLR\WLRVOQWVVV[[QHJTTADUVXYZVNMLLGLPG?KZ[XREAEJRVY\]XOFT]VQROOQNKQWXTQWVVX[YQRUSUPKQSSU^_[YWTYXWWOI>B[_DP_gbMKXXPRXXZ\S@NROSWZYZXLDZb\SRVSSPHNPKORKOWUQOUUKXVJJG;?NVUTUMMQQJHT[SSYYJGW]WLQSTOO[]YNLNSV]]ZWWJLPBEOTTRQKPKKVWOCMZaae^VQHHOWVZRSZWOMOWWTUMJR]YRNTRKDFNQMEFHFS]ace_SGPTONFNTTQO[a]`]`swqkkoife_`[TPOXab`UP^c`UMRQZaZ\_XLRRQV]ZV[^Z\gkic\MOVZdi_]`^V]jogbMA?A@88:ES[[VSRROPPQRRPPMYdc^]WVWXUUWUPNVXRRQRPPSTROQK;JZ\TMRWSFGECU]VJIGBMTQPQTPRNNY_^`^^RNTRPIKIBDVWSQQVXWVYXQNR]b]UUVYTSUQLNUWW]\UMJMQNTRE=BJMPMOVXTW[UPSRSTNHBJUPOR]]QOONKU^]Y\ZWWWIIQIJJINLKKNORRPDN\_XTWSPQRSTWZONTWZbaRHFT\`[LKOSSZYWZYUTQIW^[UVN=>FNWVYddUNSWYSMU]XOPYZTPUUWSMEHROT\\SIJSg[SYVOU[[\[XU_bcba^]\[NNSTSWZ^\\e^]_]OPNMQMJUbfdY]`QIZVMNMRW[ZXVPTYYYTHKRUPPLIJMT]ca`a[X]WRNDLUQ]]PSedZXWPX\^^ab\UW[]^ZSU_YWUTRX\\YOQSONRV_`WZc]X`a[XTTXWX_dmlf\REVhliZV\ZY`aVSU^__ZNN_][]_Wafge\LUTOPkvrdRFWcbbge`^`UJ][LLORTLKVZXXW[]PC[dZSTZ`^XSSONNJOVTWXVRLLVUW^eda\\VPQQHHNAN]WFGP]bbZMSYSSSGDLRVWK?P^d_ZZVZ\UV\\RATbcVS[YZ[XFQWSONEOVRORVROW`faUSVQQVUOSUWUQRX\NLSPOSQQLLOQTZaaa]WMMSTPJHNRTVWWQPQSY^^[UPNYYX_^XT[XVSHGUXVLIOVTOFEVYXZ__\NJSVVTPKQXRJNVVVZ\WZ^be`]^ORR<7KRNLUY_\SPUWWTNLEPb^L_jfYLT]]OMQWZUKNOEGX[ZSGQYYRUUQPNFLRQONHMMIRX[_aZOTTNUSPPQVVSLQTRKMQLJIMZ]OFHLSOJW\WTUTPGHO]^ZXZZXLMVYVQJ`VNNSSY_`UJRX\VSYNHNSTTOLO\cc[VSV\SJLOMXXNS]VJQJJRWUHGICHWZYSKMSSIDMZ]\VVWUM8?PRMNKIPLHPXZSSTXTQMPSSMIJMNOVPIJDLTUVQLSOB?GMONNVWUVSQOTZO?MSQ_cWLL\]VLCMRMQTRUVVRTJ:MWUQX]VJMNYP@M\[RW\ZTRCLR\]_ZUW]\UOTVZVX_dd^^a\UZ[WRIOZVZ[U\c]JS\WORTU]]]_a`\OFMUYQPWSPQMSTLNSV]_a^WONLMY]Z^\bhk_WTQUZ[_\L@2Ra`_SK[e`WYXXSYcbVSTOMUXYacad_LOWUQHV]XR\djgb`YKTgqmdULVch`WPV\[UTGBOT\_^Z]bfc\VYY\]kxxiW^jngQX]Y__WXfcYXQW^]Y[WOMMHONV_`[Z_XTUY^c^YYOLIX[ZVTMSUWVUURPFMQQSRQSOBM[bYQEKPV\XHF@PY^`]^`YKN[_YY`XMT\VTOJPMU^^WMUY]aZQLU]]UKKVTINUXYYXVRMTSUNNUWZXXOO\b]][SPWPHTQPVZNPa_TNQSKGDFQZTGKPWVPFMY_bba^SRa`Z]]WWVTQUTKOTZPUUNPV_XOKHO\\ZONUUMNJKRZYPTSQNMNPJ[be\KUZYTORURLT\[XVTUWRSTZ_TQ`d^[^YWUSUYO:AQTXXOMGBW[UTQQXVNRE>QWQV``QPVRRLGCOQNRPUQLWYNORSVM?RYN\c]UIIS^^YUQLORSX\ZSSVYWUORQVYSRKMU^b]QK_OKPTUWab_[WYSQP[YPHRYZZUNLWZUURLTWZYSRZ^_YQFEKD7@HNPONUMMSSW[VVNENVSUUKMQII[a^WXVTPPRYWR`d`US]eaONRPX``UKT[\akl`V[YURLMbjfbdgeYISWRRPPPOPWU\aeoskEO\WMPRIJJKUNFNNOTWMJIILMMUYRGLPRSOGS\\ULOSY\VICLWZXTHLQW`cXMHEKURQXVHIKNRMCEKW]TGSXaf`WIMQNMQMACKI@FK;:CLRTZUTUT=TLIGPXSWZXTLKQSW]XXJC[ZNLRGEGT]b\UMSVSVU\ZSTSR_aYRI=FSX[^ZZ]c_\bdc^UY`a^ZYX]^ZTURHJW]`XHSYWW[bhe^[a_WYV^_ZW^ZVQMH@W_cgbX^b^VUYedQQ\YWW\UQNQ\]X]caa_WSNFPPV]bb_LSVURSbgc\Y[WPMV[Z_a][W\SMY[VSW`heZVTJQ]Zbdb``df]OMSQRSX[]ZY\XQPS[_\aZRYff``WFFJU\UN`g]XTPRPSQNISa`PIFGUZWMROLYYU[[SQOZ]WMIRNMLNKLO@KZaeecRIXYVWZOGTYYXSCISX[XZZWVTWQPGGQZ]^]XTVS]cZTXSJLU_e^W\[SQZ_de^RPVQNXZMBM]bbVLYQHGPWVJNQSWYPV\[ZXQRZ\SLRXQKW]YYRNUXWOCIPRX_^\YYX]c_ZPGM\[QDGOXSQO@IPPQNOXVQQLHTY[QJQVROJJ\_U]idMEKQQUZ\]\OLSW]bbZYQPY^]YSP[[RY[ZPT][TRJSXSOQOTXVY_^XPYUVYXQVY\\QPWYJ@LIGPQKGRWPYc^VULJS\_YNGMNX`_WNQ[^RMQTROQWUUPVU`aZTVSKGZ[VJBOY^[XOIMGKTPW^bea[POPNLS]\ab\\X\^^X\P8?QQNMQQPQVNDLW__YSTJDHMOQPMTKLSTYNFOMIKR^]UZcaZT_gpngaWSZbd`YQGQZ[XZXPUY\XXY][ega[V[[Z]]^WXYTPJKLVZKQWVLJPRMKG?6?R[TJKGEGJQUTSY_WB@KMJJOVVQFEMPMDNUW[_[OO^`SS\XUVUY[[[WVX[__[[RHMQJTYW]aWNPK8N^_K:HVTYTRPTPKHQSZdd]TPLIPOLGY_XRUJGMMD<<=ARVRLB@IJNS[WPGEQVRNEKOLAKJMVN?EIKMX[ZSNPVSPEGVWLIRSMLRTOBA;MRPJLSUVTSMGHHSTTSUVOSXNGGTRJO`a^cdWJQ`hcWJELPQJT^YLGHNPDGMMN@IWYQXb_^XJOSMIQI9KLGPOBGRSOMOMNQONYKHT]ZPW\[]\RPKJQVQNT[]WW]ZPSZ`ahpm`\]WZee][IN^g`SNNOQTVZZY[]VVZVSMKZ^YZZ[VORNHNTOMY``UTTRYbdea[U^hjfcY[a]TYVRXUNLROX^Y[e^SZdhca^ROISXWUTQVcfaTWZ[^\XRRadQR\XTS`c_a`ddahiaYOKGHMR\a`af^M[ZQW]\^`XVMM]^YTZb_ONKJSVTKNQVXXSTZWRS]gifeUPhvse^]XTRT\[[]XRTLEDEEGKQQRSVSZ\Scid]QLSZXYWYUENRTNNPJBIRTOBGYUXYVWTPWWZWUVMSb^VGDJU[UX[TSRRPIIJIKPSZ\TSYX[_`[XWTQKS\\[_^QRUQZZPJKXXTRWOMT\\VLTTMPGNTZUIF@BOORVZVUUXWVOQTMMU[VNNJNYWQQSMPY[UZ`bb^UOONLKEBFLG@PYVQOTXYWZXSRMOSFJ[\MJUWW\\[[fkied^SWRDSbh\[]\]``^XRTWTGJVUNOY\_XTPVZXRV]ZNTYXSMHVZVWcd[WZY[[XX\\W^d`X``[WRUSXSLLUVLLOIKVWSV][MCI9BZWQUVWT@CONHIV\[YMCLccQB8ITSLQOHGJHHJOMOSOHI:HUY_`YHNR[\XY]`h_^\``^ai`ILUWNQXXXRIDG]c[]aVNORRNVZVKIOQ\aZTRNJJSVVVTDCWXR^aZVcbUMFAMKPYREIQQUTPOIJ]TO\_YUTZ^]YZXZ^bZRZZX[XPUYSQNNUVX`]S]lmbY[WYddXYRV[fe]WVMOV[ZVUWWWUbf]Y\]XVTXZGFWRHSZZY[XV^d]SUbecYLAQZ^ddWHSSZ]UMRTZXUUXWRRZ]Y`lla]^[SGNREOUXZ[XV\XQU^\[[T[kf`XYXZbgbfmh_[_^YTLKS\]adXNPPHMVZXVadZUT\dc^__YU`]RUUVUQNPOL@BUTTRDHW\`beh^W^if\XYa^XXQRZ`YOJE>@JNGOMQSSTXRSPN[\XSYRPZYOIH@DJVRJXYNTXWVTY^\K\bdXGMP[_WWWV_c`SPQJSY\SV[SX\WRHBGTWSSWZXRRRP]^RPTLMQUU[\SUVIPQVY^\YUJOXZVSZ]USYZUIKRUXWTRJDOVSUZ]Y]`ZLORQSQPTRFDKPMLONLCKRNQW\]]TINPTTTMFXVOQTQNMUWMQW[WNQTNISYWKZZW\ac\Vad[UNNLKOF@T^XHUY[XZVUMOPNGJELW[ZZ_`_SP^]ZXWPFISXXTZiicfibQXell`RWOGMZcbbbb]UOW]YNKQWRQPSYZ`[LIQI9MSLLOQV]VYYSTTH9J[a\TUXVYVPNQOH>LJTZSCHRT[VEHQKIKIOKKPX\]W[[TSW^b^^]VRXcb^VX_^^bee]RD5=HT\b][]]UR\_^[WTQURT_`XSPUQHLSON^cYSPUV^gj_NP\\KGTSHLIR]`epobbbknfdngZ]Z^hijha[[MRU_^R?MSVO?=:>LVQMIEVa`VQPVZYTS\\RLR[_[LWWRVVWZRMYWVLHJGDEIIOVOUYUPMLIHFIKSSSN?69JQGKQMNTSOJKTVOEGNW[\[XWPDLUSOPNKQTTPMIHTZSDETZWTVTW_[PMNQSE=SXQRZY`[\\ZZWZ`afkeTY[[Y\W\\XMLTVPR]^^_[QW_^W\]^_YROSZYWUOSWYRV[__babhfZ^`][]XUTV\VK\ec[YTOV\WTX[]\]UKGQQMT[SIFU^\TMS\]QFPHNMJ[addaXDT]UOVWLGQTQOQPRUMMS_fnme`_]WUQLWWWafe__]XXYYWW\]b_WQX\c^\^]Xbg^TUeqm[Z]ZVVWNOUXWTUSVZXY\\SMLHOOLJOQPT\YWWSP[^\]TY___X^_XMOROJMGJMLTTTWXROU_^VSb`[ZRMNPTH?TXSZPGTZRNSLQ]dWMWXWWTRQRTZ[VUSS`c^[^]YWOOJAKKRXZZ\[OQ]\SX][OTSSTWTXWNGRTW\^b_QNSRRVZTPQY_]ce]WWTUYTNHKU[WPRUSPW\`VSUSVTHNVNGLRWTQUPHJJOTQT\]\RCHNRZXYeaTQ[[SWW[_^]ZN@TVNM\VHPYRKLS[^_a[CABKVVUMJCT\XW`e_ZQPXUTK>BBP^[X^ig_YZVPLT\WTVTVVS^he`ba\NN^agdXC?GV^[WNVYTZUX^YZ[Z[SUZXUV[XNNPQHQ[^ee_b\NS]bdbXQT]fb_W^^Z[XS]PLNS[]XVVNPXQIKQUULJRWMPRV]UNR[WQSb`VVZTKMOQ\[Z``ab`[YZWNHTVeniXZ[SORVPSYRTX\]]]^[XZYWTLLX[_\[TZbjmifbXQRMQXPOE@KXa_djgYS`b\^ha\^`X\_heUOXTSTYS\dEMTPG?KKHV`ZRWVRPSPQVQRYeh_^YUQ\VUa_SQPKJVZ[ZQAQUKDQWXVWWUUZWQKJSQSIDMTJIQSGAMSIOY\QDKT^\VRTUVQMSQKKQQUY^^]YQOKJPTRUQJNY[KHUZRRZ^\QFRX\YTSUSPT^O=EGGNOGJLOONJC>DX[RJCRWSNJIRX[[VGCMSUTSTYZ\YSVRENSK=?CIIKSKHRRK?OXXTSD>LWYVUN;=NTKKSOMUYRJMLLQWWPT\ZYWTORQSVY``WW[UQTHHM[\^\Uagf^ZX[SICDGURA@D:A>S]XWYZZZYb`elgWR`b_]ZX_]TV\YWUW_[SQM[WJIWbhb]WXUY`YMMXVPORP]gjgbb`ZVVRZd\]WWYVTY\ZSSVRLKXZVVOOX\bda[ZPQZYMQW``_aegjbZONX[O\]X\TOKONPVWROV^VTYUMDGROIQdh`_UITZY^fc\cf`UTY_d]WWQWVWSDHUZ_``Z]YSRRQainfVahdaZRNGN`aZSKOOVUQR\^d_RDRX]XPNWY_WR`_[[UTb_W_[Z\XSSV]_SIMMRTWXWZTXSLMJARWVSRUUMTPOVNMXXPT[YWPDbaa^[XYWZcg`WRUZ_^XRX`\MS^\UHSTLNXXWXUPE@JY^OJZded_]YWQOUSKXXWZYZWLQVXWYYTJPSKNZa\VXTPVTSQPPNIKQVYYUGKOOPUUSRRSVMLSZXV]_XGKRPXdlf]UWWKNNMSSNPPSWRLR[^XRMKU[[Z^^WTQOPKIJLNUWMDIJNWWLMLIXab_VSZa\VRZ_XMQMESYVYgjhY_d[CN_]SJSZ\\ZTLVZSRQLQUQQPGELQSZ[DJSLR\[TTX[QEPZ[YZYQHJKQ^ZNJW^ec[SUZXbb\VYbabdd\JQ\`_XYMJXc^ORecYRZXRR\\TFHRTRPV\\TTW[_[TSTKT\\YPSV\ZW\YPKNJNRMIAQW]gdQMPPRX]VN[TJQ\fe`fe[Y_b_VS]ZVZZSX_fkojjkfWNRUQPRZ^almc^b\JQ^d]QRWWWOQ]a]WTKU\Y[[eiSWVRA::;BP[[UY_XKZaWTVX]cd_TTRILLOQXTTYW[YUW`]V_WAOXPGQXYURW\UOS^_REOUXKO^\NLKCLUVPQVWUVTUVUZWUONFHORQOX[ZUZUNQOMQSSRI=LRQS[[SKNSYPHRUWPHKMOJU\KKTOITUKHJMUXRHAR^\MOUQQNOU[`bc[QMNDMVWYZ`aUNW]UHLGFHRNKVYSSTNNRLV\[RHHMFK_c_SPPNGKTYZ[[XSRQPKQXWXYZWTLDFQVWSYa_WX]]UPHLQPOTT`hgaYVURQSOGNUWLBQJRJ:RRNLT[_[TSY`_X^gea\RSZ[TVYXZ[Z\LFPT[[UYYY`^Z_^QGS[RFXYV^^V[bbYW[]a_ZZTWYXVJPY\VIEDJQY][RT__LGSU_c]RRRZ]VKHPXZ]ab^`^__SRZOPOU_]X\^_UUUXRR\U:T[VRSQVWW[XQSVTCLV]fgbc^SQJEQbe`YYWEDM`dXQWWXMQTQVVSPMGHEGX^XNQYabZRU[PKPRQIDJQJHZbXPTYYWVYP@IU[[VXTOZ_]agaNITYTKMIW^`_RT_^RRXWQLJRZWOSVWRQSRNOWUPNRVSSQP[VVVOU]XU``XI=PZQDMXSNV\^cd^[\a]VY[VVVZWNPUXX[ZVIKSNMYSPMIV_WPR]b]PRY^]]^]VNSY[Z]^UMSQ[cbY^`\VWUO?U_b^ZVUURSRKO]YLLNZfeYLEEJNNA>SSLSPFMRZVYX]ebST[WUO[iog[[``fjfS[dcYURUW\chc_dh[MS_ddec[VNQWRLVYU]aZZ^XXV\VOA=?BMY]YRR]WMQ]ZP[dc`]YOD?ICIXUSRV`caZVQSNQTNIGHGRZWV[YUZ[YWZ\WPRQSMCUTHOTTORPV\ccRGCIJLZWLS`[VVSLJVW\ZTUWUIDDIOSMEPRQ[]YSUUKJKOLMPNLNKKJIEGLWVTURNFMTTWVOLPRRVYRLGFR[dbZ_dVHNTRXURWZOJNX]\NIHQOSTNNTSSOHHPUNOPIIPXWLSWTMRNJHSQORYWI;DHOSSV]`ZSV\XIFMSPJWYNBIX\ZVPVVPDKS\aTNXTSSX]WLFBLOKXTNLKPZWMQQMQRNRZ`ZQTWV[[\[`[UZ\\_\aaRNWY]`aa^XQSbaYYVSa\TU\\UPU]\WWdf^X__XVUQQW^[N;S_ZUVVXWQQ^faN>OYTW_ZYdbWLOPSLR[[WQU\\[^_KOPXWHDOHLYa\\ZOR`ZXaccaTXa`XUVSUX\[TTX[Yadba[MRX[WPIORMTYSIKKX_YNS`kifkaVT[]\ZaaTQRY\QHOSSRUVSPPBMab`faODLM\ih[KKPSTPIZe]TVVVVY]VKIUYRFMNQS]^PMST@?NLMLROJKPTQMWXPRYTPXVMCG`_ac\VbebU]_[ZZ[fke`hijifaYWZ\\WPLSUUZ^SWbe^X\XR\\LGPZ\WTHYa_\[^XX]b]Y\ZTY^WNUVSZ[[a\SSVPBHRWTQY]_[VN@FPOLNTLCFH?JLMW]][WTROO@HMCMPZdbXW[ZVLGFMKOW^`VOVXZ]VWWVDLWYYWTJ?KRZcfcca]ahj^JW_[]`_]]ZbhgkhYT[[R@HSZT\hldQJOPOKIJHGIPZ[TUYVVWUMQOMHKOLLUWWMNTTWUY_c]SQTTWVSONNV^[UPZ]c[Xcjj\HABGEKT]YY`]RGHUYMFGPHQW__^W[^a\OQ_ZQGU_XOZVKJ^aH?SS[]drqbYZVG@RWQOQV]_]VVOCKU^]RT_e`PGHELM>ARX\c`U\e_JOV``\[]]UMGTitob]MLVW^\Ycnh_]WUajlhVZcYFAX`_\^_aZHT\XY_\[YZTVZTIKJDDKIJZ_\QWaecXJGLVUY\UKQVXTW[[RY\WO[`]MJK@HOSU^XE2M[YQQXYYWYWOKKFUTAHKJH>@GFCFSZYY\VRSMSTZWRRW]\OIQRYWMIIMQNOJTWRQJNTWSUVMXXMIDMYXLPJEELSTK?HSUUY\YWPPKJC=:EHOTUQMDKX]ZXYURTXUV[WSN?DGLFSVROMKJ[]TQSNRVRKPUQTO?5?QUVWRMGLJW\VMTLEWTK>3?MTPPQ[[WQOYZPKPOLT_[MITYW[YRKJRSNUUSI=PNQWYTRQGMUMTVTOW[IK[[[UKRUX_^efdd]RPW[Z[XQZ^XNO`mk^UU[VRSbg`TRRSZXM[b]SQSQLNSXURSW\ac`XY`e_\`^XXZ___[YVUOKRY\XRGOTTUYXX_bYY_ROSOPQOORZ_`c`\ROUYWTWWOceVWRU^^ZX[_a\ZZZ^eeYYdjgVGMP^hfb_SHP[]ROUNFKYee`\ZZ`^QMYcecd^^[[`Z\c]OQTSYRHOXVGGMJSWVR\b`XSNRY^a_YY]faZXK9Uf^NQTTZ\WSRKG@PYRJVZ__\WRRFNVZ^]XOKPUSVW[_]Y\aYKLLMMFHW[PIUatynYMQRST\bfaRO`c^Xbf^TOQPTX]ba_\[_\XUT[df]QJRX_\^]T\fji_Ya[SWVYUMNLQYPQ]^ZZZ\YOJPY`^UQMU^`[ZYTS\`^T[bZZ_XSPMLSagea\[][[\\]\VPTON[^YV[\UQQ\ibVZOINXY]^^^a\WUSV`cb]YXWZVLOPIIOX^\Y]ZPUUVVXZZ\^a[SPU]TSb^PNYa`RLKMZ`XPRXVRLMNPOSJGY]WVZ\XAAOOO[c]MHKW[ZZSW`YXUTKIYW_\QPZXZ__Yblm_NZdc`ZKKKFABPUZa^VZVTSTac]USPU]ZJJYVNPQTUTNIGLRSW]]YZ_ZNGQPQRFOUSV^XTNMPY_]WQJLQYTPJNQSOEF@DSZUN?KRUTRTVZYSMRSLMJCKJILGW_USWRTRLLONGKL@ISTTNNUBDVXPNRRPRUW[ba`ZVXSJQWUJLRSVVTZXX[\PXd_[^^XX[ZUMIL\b^X]dc^\ZNFNWXYW\[\ZZVMCEOZ[[YSKQVQLLX_ZSOLKD7?@FCGLNW[\XOY\WWKNR\bXQPG?IN_hcXTWXPJU\^U>CVY\\ecb``a^UJMUZSELQRQVQSQQRMWYQLQSWVZkvwm]ZVRT\ZOIJKMTSVQCIW`[V[ZRRMYcd\SKIMX^\WSVVJINSXTMKNNISTOKSZ_ae\Va`UEMdmohec]a_[\[_T^ja@IW\Y[``WQRZ[VVY^ZRQYURH>ARTSOKMSTY^XNIIGRUVODDJS]cbUUTUQMMMDFILNJCH[`^ZWZWTGNLNWOUWNOLOPKLOU\TKTZ^[N\gfYWINPIOSZ[UTOOSSNIMRHBGRRLIDCEHQTMHQPFFGBESXRNRLHLUSPPUUQIB?KLMMVZVLKOPOOLSZYVTKCT\ZXVKALKLPVUOPVTTUYPFRRDHURFHKOOPU^]YXLBOVPMUTRTSSYP=EHGOOL`hjice_U`jgTU[b^UMLRRSY`^U[^\QHNQRPCTVTXc^NIT[WWVYURXXVRU^[SNFQ[_gh`__RGFQahgifWXegffigafeTCKQRDNY_^[ULKLRXb]OPPJPQKUZYMKNKDMTYVMMH@JTQJDFZff^VSVRJMTUUTTOJNK@ISQPW^YNLNKRWUXVRTHEJHAP[UNR[Z\`[V\[UVQLKLLKW[WSPTXWPNMTX\\VPFEGMMILSXRNSWZOLLJSYQTVTJHPTPF@OSQE@KNOMLMOWSIORLDNSRRSVZ]ZVQQRRNLMRTQOICBQSPJRSPQWYSJQUTQPWSQPROKTZRPYXV\_^YYRKV\[TMJSSRYYZ]YMCNX]cg`LNRORX[XTOOZa```YNPUY\[HGRWPRTURKUZUQQQNLSNHANOFTZ_[OONJJHLMOUXTHRX]\SOIELPHIX[UMOPLSJANTKKRUP_degdcf^TVZWSWWNNWXUOMVXPPTVW^__T@RV\gbRU\ST[VVY^YLR^[SXWYdlmb\\[[SU[\fjdcaYPMZ_\\[OQSUSUWWRPU[UR[`^\_cYSVSS[[POQQOQVVWQMRSGJLNTX[`a\QKQ\UOIGOTcid\[ZVQRUYTV[bdba]\SOIN^ab^UZVNU\][^V]]SFHOPMW^VVa]TX[YOOOSZZPORKRVXb_ZWTX]\^`_XUT[\QXZX]_c]KFPYT^b`ZRLUH_osk\OOOSWL=GNPTZ[VKQa`c`__\[Z\SQVX__URRPLJU__XSX[cfdVQXYYT_[V[[MN]UHNDGVW[][VRZ^[PNRPKVZQJNLSXZTOZ]XTPOKQVWUUS\^TILWRENSPHTZYNNUTGBIQUWXUMKGGKSXa]FNXYTGOXYXZ\_^a^UUZULKGQPQYUOJJGIRXTGR`a[QLOXZUPMNTIGTXQGNQOW\TBMPT[_[VUTUPNOV[VSWSRPQQTTWWVX[UGAGXZNELMUUSSXZ]YGNTX\d_SOXT\c_[YTKNY_\U^b^[[[VKC6A\aSYhf^YZdeXQSUQY\TUTTUURMLFOWWRNTXiqla\a``dhh]]fqrhWMNSQGQ^a\PMRFJSTROPQQ[d]QPXXUYef]P[\ZPLH:MNHS\\Z^_gkfYQN[_]clofehc`b\QXZUL?FSOJSbd]RSSLU\b^Y]MTWQISSXXZSJAQWW[^RIDNPPGFHGNQQROLUTNV__WPOQVVUYZSNU[WPUMIJOPQae^W^_VLU_^XVZYZXROOGGSTT`e_XUKS\]VNTWW\`[ZYQPVRRTUTOOW_a\^bhiicY[bdcZW]dieYUPRVY`\ZVRX]WKQUWSW`b^XZX^X[djd`\YbaVLFEU]YSOMSWU\\NIQUZUGJVZ\[SMIMSU\hkcPEU_`XRJCQZYZ\`][WK\_dd]QWVVX[][YN]c`WHHBT]\ORYZYY[[UQS[ccZPVVCOXSRT_^\]ZRLLMVW[^\\^\VRZ\VOURVO=FVLQWW[bba^YXUWbZTPB6IUXWRXfifZX\][\_[\[UVfa]`]LASXVTY^XaeUBRZWTTPYovscXZV_ZZb\_iddmnbLIRNCCHNF=S_[]`WUUYZLCcHSTHMQMMWc^TPUUPITWQHU[VKRZ[_\[OBDUZUW\^YSMPQSSNVYPLTaaZSVWSKKNNV]]Z\YMOY[]`\XPYWRHNUZVR]XRTTX^`YPRUQU[ZWVLIJEHIDFKQSRU_]WWQQNWULPPFGOQQQSSXWNOKMOX\WFMK>KLHRUVUY^\QISVPPLIQQNWYWY\WUND@AHHC>?IRTOQUWRENZWNNQWYZ`UGX^^YRFKNKSZTSRBCOMEMVVN^hf_UVNLMNSQPUXW]_WY[XXWLOWXVTOBAIJPWSMWWXXZZRJTYO?B?C@4JY]VPPNVTJX[PNVWX[WQQNPYWRQZ`]ZRVdi^T\\TSXWTZ`ZVMPWXRNKUZXTROQ[aZNSZV]e[X_\S\XUY_^WSQQQUUWTVXQMPWSVXTR\ahhd]]W[_]XRPZ\S>AMQW_`WWYUOXZR_gi^UWWTTbghaZ`gbc^WRBGR_]`bcaXS^_SU[PScd`YMIOZ_[SPLGQZYbfbTRX[^`^XY[YPQZVKVb`cc]W`[^b`SX`c_S_mma\]WVWNGEJRXQPTZ]^ZYVUV[]VNLISWS]bYTNMSPPU]YZ[WYVQRWY\\XSOP`hej^b_YYTVSTLJSUNMNOSR]^RU[^^^eh`Vbkiba`]efd`XOTVOQ\_[WbcNC]bc`XWOKX]^_YMQ^ZSNOKOV^c[Xa`[WSKRPJS\VT_bYZabZYZSNQZc`Y[ZKGIMPUTCEPKDXdcUPVZ[UTXW\]]b[_b\POWUPPMGHYbc`a^`_WUZYTPPSPMSUQVZYZ\ROPLNXad[QVWYXYUR\WU\\RWZTRMVba_XY[d^\a\YYXTORWRQYYZad`ZVZ`XNOXa_U[ZNF>?O\ZMSZZZ`[bnk_]QMSIMUPV\VMTPHU_daYRW^MKEW]]TQYXGOYNEZ^WV]XKMXW`e^PMMJLV\QLW_^[[`[OOPQS]gbTP^aSV[\RINSRRZYKU^VW[ae_UT[bXJORNIUWX[XW^WBJYXMNOWNDLW\^jstk]VVXM?=Phphjop_PVSMGMX\UQT[_]YUZ^ZUTQ_KHROPMBIKUWRKRRRQTRQMNWWRV\XNOPHGINV\`a^^[OETRONSSPMVXUSWVOONOGESYZQOSIEX^YWQSVWNCCQY`XKGRUYZXWXN6HMKOX][ZQTXPLGKOSUUNMX\SNMKHILIKQIIBESSTPVZUGBGHHJOX]^SMIIOUWTQS`YNKVVPLPYQFDOQVXTQRPJBNYSJKOSVOMVYOHPSTZ_SIQQQNMR\]XPJFCDKRZZKFJSTGMZ\LS\[ZROFGQY[[YRKDPOPS\_VJGQUWNHKD?KRVYZOE=ISNEBKUXQ?J:HJ@RT[\WSLOTVY^_`WZ[SK?EALYVYVKVQQXWU^a_[]UWed]\\VVSWYYWa`ZTSGNYYZ^YPNV`a`VAOWZ`cYNUY[[WP\\WW^bZKNTeibXRM`elmaVYYTSLOSS^bZSNSWUY_a`YRLRXV]jn_S\_`]]de]SV`bcYS^\U\bcegedca^[QOXV\`_^]WLYdj`OVYVYd^TSWVYTNV[XY\\_[OGOTT[^^]UM[^VT\LIW^_agmeS_c_QONRNV[_\UQWdfbbYOT\_ZYVTOKBLUREKQMR[^cdc_WLKQWPLW[X[[X[^N\Y\`^[NWUQSMKTTWX`kjed_XTSX_]^`^]fgWYgf]WVYYX[YSW]Z]]_VSUZ\]ZZTKJW]bc`b\]_XNV]^]WXN?LXVORL@JQTUOOUYNPW]WVSRRSWVWSSYUJKTSMKFOYYSY^\RJNNY_]X\_[S\f\TZ^ZYTUUMONLFKTVURZ]XYVTPCNVOPJMU`gjjfca\cc`]RJXWLHUVFOV]`XMR[WQQUXXWYSTTSY\K?MSTKKMLTZSV[b`USadd[QT^b\V^eXIGLTXTSSNLNW[SQW^QJQQRXYSLDIX[Y`ffeXUYT?@>O_^_WTVVY]RFNJMLJMVU]`bc]V[^XVPMLU^\[a^VUTRPTLGLKOVY\a]XSUYVW\\]ZQOKCOTV\]\WTURW_\VYZ]YYY\c`[_\XTQLQQZXGHTSUTVUWTNW_UQTX]b]VPSK:LPFT^]Z^[NT\``_WLNPQXRKLWYRVWRQLIOVVFAJQYSMPURVURQSWWQYXCMOHGKJLQZ[SSW\_`XSMRU]YNU`^UG=JUOKKNIKSYQFOKILNVSLSUHJZUblga^YNORZbaWVYUQSWXSZ[\\WSSUTJJOFJSOLHLTYVZdcZLGLMPGAOTVNKHJUYWMIR\UQQVWVROKHRZNLZ[]UWac`YVOSWVMJQQMQX__]][`eg]W[ZXQMW`\NO[NUT[ceaVPPSQIEHKOQEWcc^YZajje]PRPN_ea]`RIOTLY`bhaTUU^dYU_aYWSPXbca[[SUXUU[aYRV]XTYZXSQWUIHVWX_d^PZ]WVRW^_SELYYTMHHLT\^W\ac[U]daXQKQ]`dehg\RTUWYYQJLGWVV\UEPW]_]VK:E@EQRSSRXZYWZRRW]a[URUVWQHOXVZchb\UQR]hgZUZTPU^[[[WHSZRDHW_[`diiYS]\VVWXY^cb\fokXPKNYWQVYYXXbgYOYYRXgjfa_WUON\^``b`bebZ_XHGQZ]X\`[S^]X_ZUX[`_cehlnlf`XNYXRUV[chf_]VOW[VIPWU]^\dbYZ][RIWUHRU[ab`]W]eefi_TRWRLOWTLQZ[RRZcfhjf[Z[[^_SJRTT_jia[TV^\YSUPRTS[ab_^T^aYXXLP[^ZZb`NOOYRLVWVZYZ_afga^YXVVYWPOSRGOW[SHKZ[WWPMTX\b^\\\]]WUW\WPTTJW^^ZOKPISYQQRMKGDFIKM_e_VUXYTQNQSNFJXYRPX[WPIEBMVXNNVWNPY\QMQOUMFLIKQL8DLGSYSRV[ceZPOMX]ZRSVVRMHH\b^\[UWTKKV\PZb_XW\[QMSTUPOMYYTIKUUKOPUSMNS[]Z^XQPRRUKGNPSTOJDPUPU^_YVSWQPRLVWOT]TKOFFR][]Y\XHU][OOS[aZIN[YPTUUV[PTWQTVY[XTMZ^SMS_\]^RJYZUSZ_`QKSQROQ]^U[`_c_\ZXUSQHK[[LUWX^`_\QLORDNXPPS\_\WSOUXT`lh^SQV\\`a[aed]Z^Z[]V[YW\[`gda^aa^ZZW^ebTVS_ig`QGZ_TVVRMTYYSNGDIUUM[hcZ^a_[RV\]WI?QUOOSNMY\]ZPEZiafmi`VZcbXX^\TNMUWY]\WVRNHFNTPGJSS_dYGNOTU[Y[[^VLFOWZUMQY[]\^XTLPQSY[[UMKQX\YWWZRIPSX]\VNRXVRGMUY[WF7AFELWNKVYWWVRLMQUUQS`^NR\RTbc_SJLEMUXVUURIQZTHKTMRVQJPQSXYXWUXWRVZSQMV^_TECT]Z[UW`bZJHTOAOVROKHILV^]JJJEMV\^bbYPNU\UT]Z\YTTQRU\VNLRSMSWQUYULPVMBNVWKQ_b[KKVY`_YLDJTYZ^]^[_cbWSWSIIXbaW]`^b`VQV^^[WRTTZa[UUbggjiZ]`Z`eb]ULTYYOR[gdVLKY`YRXN=?MWOKIBJNNJUXQOSRP\c_UTY[SNPNTSQPIFPSQHIYTQZ`YNVb_P[bd]XQPQQT[]]PMNLOKEFU^^Z[VRUQKHKLRTSRN@BW^`_Z^c]FOVXOV]WQNTY[RPNORTUXSP[[RTTIDW[QOTVWRUZVJJPLPSQRUZ]YQJKSWZPMTZ^\XWU\bbaTTYIM^^USPQQTVROTYSTSRRWLNQRMGOWTMISXVSTRMFDAKVVUTQW][ZQLLFFRVNMQZ]O=MUWPHFOQPHAQYL?KNNGEKONPRRIFSPEKIGHMKNPPSZ^XQXX[b]KDKKFMNS_daTDNRY^fgXQSRQS]c[V^XWNT[UQWOMMQLVb_\c`][\ZONPURPUSY\VTSWVORXTR\]YZ^[TMXeg`SX[UVTP\ed_TOIQbeaa^X[b_][WPY]\XSX\YU\_[Zfe^b\UVW_dghg\XU\_ZRQLY\bb_YRQQNW\`aYSYYQ@NWUV^[UXdbQLNJT^aaecdcbba`lpfPSKSTVcqreWTWXWbg_PZ_[UVXWSXa`ZTYXWW^b^W[^]VTZdg^YMQX]a_cec[Z\[SMNLX_`YZU[]XUX_\VTZ\XRTXY^`^_YRWceWPQZWV^_TOJIQUJNRYc]UXTJY[VYY^cbXLV[[REMRKKOQUZ_`^WYabX]e^\SPLKR]bbXVX[YPXc`XYZX\^b`_ZPLUXX_a^VVUPKKOPV\_`ZJJUSV\_]Y]_TRXVMDMU^^WMX^VKX]UWY[VVYVGRckiaZNHLOPPV]UJHKPU^aZOLSPF;JRH=HKLSZWKMYYWUWcke[af_X^[OUfh\QRK=KTUSVTPUXZUPLWQJUWUWN@MNRRILKFO^geVY]]]Z_`_TPT[^ZZ__[UQPHMYca]_ggcZRT]PFHUYZYY[[OKJPX_^RFPXQKOWRORX^[Y]\\cfa_VHLYZ[Z^\]^^V^c`^^^ZTNSX^_[Xbddlni^`beffiifd\ZZUNQZZTR\[RV]cba`]Y_Z\ZNQZ]XZ_ZPIP___`\OQU\^bb][`d`cgfYZTVVWfqoiUP^c_TT[^a^cce_SW`]WSKMPYZYUJNcjeVN[]]adcig[Z`bfhZNYab]WS[VIJUM?MSUZ_a]YXYSPNKRUNTSPMSNHR]WY\YSQPVWVMQUWYRW`c`]SYa\XVXWVTSYW\_UXUGCV[W[_b^QTQcd``^[WUSEN[^ada^\\X\cdb^X\`^ZZZXUQ]`\Zbb\^^UQXXPMIOZZHO^`XMOTWVQKSZWGCNTPT]VP[ZGHT[`b`UQ\bSIHSZ^YNACHIMT[VOQRST^a]XRQY[MESTCHNRSVUSRZ^RKT\Z[X]edVOEAIPYYVUSHS^]UZ\NORRMU\]XJMQQSQPNEINLMSNR\c_]^bdc]cgaRP]_WNQVPRQJLNT\\OTZgi_WXDFSRMIMLKIEPUNGEMNSYWTKEVdaUBKVSOQOR]ZS`idWM\]STVQ]e`_b_YSUVSV[^YM@NQ=G^fV@\bZR_^U[ZRR`hefaTVONWZZ\T?PUNEHLVXQNSRahlf`ZSZ\acWU^]ZSOUV]`__^[TUacc\VPRRUTTPMWXUT[NHVYS\a[VR[\WV]]`[aec`ii`[NNQOKONDMW\TGORZXOQTUWUW_^^]Z[\ULP^ZTUSUQOHHFNYZ[XUQUVRKMPPMOLLROBEUSPW]XUYMRUTHGIDACKQWVSFCNTPNEOVTQRUTUUTVUMPW^XN^e^SPUZ[WWYTMMROEMT]c^Ybcba\TXZYRVZZOSZ]\TJOKCUYX\ZTSWULBGSWOGEBE=8^`[Y\UOGJT[VNT[YRT^b\SZ_bbaXNX^]TMOWa\QMDNZYOLPIN\][a_^ZX__VVTPM_idaedjnmgacb^^_ab\WV[WYb]Zhokc]]]^bbYTRRSVT[XMES^^_\``THHRT\]RS\YZZUPMX[]dmvwncZUQYZ^WRMYY_aYWZ]bYPSQPQONILOPW^]YTOMIV``a^]agg^XUWRVYXZ\ZLQ``WIMHJR]]SRXREKQOLOKUWTUUFBZebU\bULOMETSPWZSLN`c`[VZ[UKKRUQTX`aWW\Z^XNRTW\[W\YZVMWTMR^fbRQUUahe_debYWaon_UWY\WOO[\SU]`ZW\[^\]\YX[XPKOSMNJOU\XQNIPNEUb^XSRONZ]ZYVTUVWQXb^V\bVRY[X[YRNMUXWTRQLQYZWSUTMGKPOLIIQULHOOOQWJDSUTY\WIQWTSSUNRVTLKNTNRSXYKLH8DMTTRSTNDGD@>FMWSRNRZVTZXX``^_b]BQ_bYSX^YWXVRQSGMUYUMAR[_^XTWTOWXPPIIQUOKNJLFCGW\WVPQRXTNMMPKIJQXZT9FVUNLPLQVWU]aZ[cZSW]ZREFPSRTRKQUUXQV\SEQSTLTZ\W]nojeadVCW]VNKQWXNPXSTWNDDL\aab\UU\^LEHMUW[WTPV\YVRKOO@GPUWX[c\WVYZ^[TSW_XZa^QPZ\ZQ[eg_TMXX\^]\dcVMLLZ\WR=(ERRN?IRSTNJEE:O^b[QYZRVXXT_aXOCWIJNLNS[ZSOUWWLMQVVNIPUZ_[PKQPHAIXWPGNYYSK=EMTWUSR[`\VRQPKLGBAJUTV^\VSY[_\KBPWY]ZWOJT^`VLNOMUbf`OLY\RJPYUMSRNKPTU\ZWZWWRNJHTZWNEML?CQTGITYWPMRXOIMLT\^UOSWWSUTHIIOTRSRNOX[FGQUUUQVRSTQROUOMRSXTUKKRUQXZ[\ZXU\\``\UKIS^\VUIGLKFIUWSXZTTQSWWVPVUHObhjf^VRSUPIOUXTHVadaXRV]YPSUQV^\UNLRY]SJFKVWQPULAPPDIV^YRFHPGBMSRHJX\WUWRQHFKSUY\RFNOJLORUPRLHQMNSLLHHB@FJJJQMHKIGQVUURJLHMUXWWRF9?BGJMGJJPQTTVNFQVRSTMIMMFDKEJQYgqphabVMMMQUXROQTTU]`P>MPJRXTBGPQIYqym^\a_[RRSOGKJIIYb[MTSSVXVMQXVPX[V[^`WILI915[]]YNLV__VFJP[c_XYVTTPYWXSW][XTQRV[Y_VOSVVcbTEM_WDITWZ]^YWVW\bZQSPW[[[RU_b_VV\XWWHIV]XQ^^^eh^NV_\\caWVWW_aWTWWGR\baYO\dYKGLWZSRQPZcc_WWbd`grupi`\^\_]YPQJQZ]YRIGV_`UTURWWRSTY`aTMJTYTLJIXbhdVXdc`_YVUW_af_Z^^NJJDNS\ZR@R_cZQLHEY_[MTXW`_VSSRVICL[]XRNW^\XVZWWWXQV]ZVWUZ_]UQPRTMCHWYW_ZQ^^QWWLU^a\b_XYT\e_T_b\Y]\UQPPTVT`c]XUSMGO]]WdidXZ\_^SLKV\ZYRLQQMMJUZ\^YL>?NZWTORZ`[ULMPLUZYXI@@U]YYbjlaXZSJQ[XYZ[VUSH@BFE>IVXVLUWSVYRLKKOQLFAMSJ;JVXRBD@OY^\XWLFS\\]^YMQWYX]\W]c_ZUX]WLWbg`][V^]RKPQQ`aMQ[[STRJQVTU[WV_`a^[XRXWX[ZNHVaaWSXW[[[XVOMNQKWYYZ\TKKMISYY[ZVIGTSNQKRZWNMIRPKMX[_a\PQ]ildSUX]WRLKW^WY\V]de^VTL`\TSMMSV\ZUNO]bY[aZU`bTGMQQOMR\VW\ZQCDMOV\YWPJKNS]_XYYOLWQNUXV``YLRei[M@>GPV^WTVTWXUQIS_YQLMOTOGTUUYSAR`c`Z[XYZVWWUUQNNFES]XIMPTUVJHVZVQZXSOXYUVPE=BDKFVebWLQRZ[YSPENRJBGCKVZ[[Z\SBRYUNIIPWVPJRYMP^gc_W\_ZNLRSSXSGR[][QIGFRUWWQMNQUSKHNSMOSPQQMNSVTSL??Q[[UII@DEEE@DDEIQPKGMMMT_aZSD?JLNQRKOY]TLLQQMBAHQNLLOUPQLEBSVXYUT[bca_Y[Y[[VTWTMLJABJSUWX^c[WRMPCGNPQTd_TQSLELTYTPLRLPLJQWUQBDJJY]TQZ^b]_YNT[WXYTIPMALTWYSMSV^^_`[WUS]eeaZTPAFW]ZQBAENPJJSXVUTOW_d_QKY8FNGGPGEKMVVSNSOKKLKPMGMPR]_``b_]RPVVUMKMQINVZZV[a`\M@N\\][WRMKPPPSSMPRMMR\\XNKHRWRORVWXYUOMNFLQQWHESTW\^\V]WRLIIMOWRINSRD@KOQX^XSUNBKLMSSOTZSHMQJMKHE>LPJTWMMQKGDNTV[UPYUKGKPROLRXT[_W@CKUWRJLLQMJORUTHN\`ZV[\ZUUQLTVO[bca]VPQZVV[^^YOGELTN^e]TMACGMU\XU`a\VRQTJSYW[[[WWcfa\_WQQPLXfdZQSSYYXX]YRPRW\XVLWficZSSSae^UY`_egeaZXTOOCKXU[\\^ikg`[]XQRSZb[SUYSQQViwxk^_aZVRWXSW`dff_V^hcOQRY^Z\]ROVchgc`ac^\Z__[]][Z]WLX\XMDMWTXaad^WTVZUMEPQMSOY\TDN[_XKG@TW`aZ_e_[[XPXWU[XX_XKFBILHKQOLRWGAFM\[TIDQ^]U\`cYIW\WMRTVRRRPMNKIeeZVVX[bb^\ZVT]]\cgc[IDWZX[RMTRST`d_^]VSPUZJFNURRW\PLWTS\db[PEHOPS[[YTPX^[VZXQUUWTJ[_cbXPVMZRRYXWVNLHFSQGDCOZZWSSJLMK]WQTWPNOQRW^Zahf_WQRLKVYVQU^[QW\]ZOJP]_Y_^VTVJUYVR\VQXSGARYOMSYYWVZZ\]VNWddc\[``[]ZRHOXQTTSOajh\OJHU]]XV[WOVUES_jmniYUPOKFNXXY][XU^]X]VM^bbe`[bVSZ`ca^Y]^]d`[XkqgTDWc_RDKTWVZQNejd`[ZTTdaPMK?OX_`YMU\_ZNYYTS\b[afe\YQLXXZ^SNPNJQWVMIS\VMZaZOGDDBJTY[[R`g]^\TNPWWSKKQRNNCHF:a]TSLJY\VWaa_c^XU]efa\KFQ[ZZTPTXWYVLQc_^^`_TGCNIHNVLGSVQ[feZSPV^ehd\WS\c`SLKMHNX]`]WWMMROWXJGSYVQQ[ebYVV[TJLPKQ\ZOQPKMPRXSJVbfe]XRER][[^[WZ\^b\QMR_cVPUWSW[PBJQZ``a\[]WWZZWSOOLLRNOUUSRPNEJSYVTQ@5HU^bb[JLMIJC?QWWUP;FRNNOJGU`cX?GQOLQ[[X\bYSQVYXNIHJX\XUZdfe_XOHGPYZW^c_RMORX\[SNZ`bc\S[aZQPOPMV[WaND^bU__THMNRSE8>JVXVKTagicVJJPSSPJBEGESab_cb]Uadcd_SK>OUUY`UOS]TV_XQ>E\a_^X\`]Z[][[RM]]VPNX][XYRLLJJTWVXZVTXac\KHWSFIGPLHLPQSRNC9FUTKMUSPNVcd[J@Q[XW]SM]bWGMSSOOSWXSTQPSQRY^X[WPX_\QG[_NBQLEFEDC@KSPU[ZLT\\VPQ_YGHRZTUQRQC==NWWWa`ZZY_`_b`[MP][MBLNM\`XTVNMZ]SJPRU_WGLTQKONDEIOOTTIMTSVROMO@EYXPMOINONOT\WURNGMPRTQLEKHEHF@HQKQY\NMQGC<9CIQMPYTJLMNONLONFJT\^TMNCMRK:HUXQPTSKIMFEGH@FHMQSIKPUXWQAFOUSRQINRGHMLMOJQYXYYQQQQY[]Q^c]XUYZ_cbVJGQX[ZYRT\_[LNZQW[SU`SES[YQH;OY]\U^gbQUYOKMKP_^^WOQWSX`_\U[YYUFIKFS]MHUTX^WOKYeb\`aURVUJJLWYVUVSLQZXRRQ\\ZUQVO7O_`cfYJVYWYRMVYZ[[X[\_hlgYV[`gaWWbZU_\Nfx|o\VZXVUTMAI\YX]ZZ^XWifQPX]```ea\YZ]ccZU[Y^fe_]ZFL[\^dcVW[Q[ZMKURQ\ZSUNSa_YYXSXY_XFNY^^WS_\SNNY_c[NNUV^bZ\WOQUWSTVSQY`YAVYVYUM3FPYZ\a^`^ZZPWQN\aZPLPYYZEMO?```\POMOTZYRYecZUYfooi]X[XKKPIMVWZbe^UQQRSTNS[_TNUTVa`RKT[^WURUbhc[SUZ__WMSV[Z[]YUWWZZTTLPacWR[_YTUYZ[TV]VNU_^YVPMV[QMQZWIIWbe^RJ;AOQTUY_`e^UegbUSUOPZ]WRRQNJS]c_VWX\[YUOTQIBECKWY\^]ZYSLHJRX_]ZRHRZZZ\ZIQ^[ZURQSPGSOLOINRTSZ]VIDBJOK>BKUYULEJUURPNUWSOSUJRYYJNOKHKQ]^TTTLOOLQRURDSW][TITXTQUQSPUYRK=CE@KGRSNSVTRTIQ\\[\PUdhgaZVWYXRMWUPPJKYZ]ef^VafZTRFORWVTYcficSV^VLSQOXXRS\daagaOL[YSOGBKIMPPY\TLRRQMPSVSVTVbdXITYSTRTVRNEELLNTUTZVPOSPG;CV_^WNW``VPO@ORQMLTQSZSNKQXWRQP@:KSOX][ZVLIG[_WWQKKLILGDKHHGPMHQXWORVYZQQST^aYTVNEIOVSPRYcklje_PJWYOY_]QTQLUUPUUIJRXWIHMJZ]WNEHLOOMKKPT[YXSILQQLIKA>KOGOTNTXWW]^[TGFJSYXRQRNFHQXRIJNMPW]VSTPJB@CQ[VVb`JTVPOKNSXYUWUUTMQNFLLCHW\VKAVUIKMLKMK@JLMNRSW^XQZUKKUSPLHOP?8KTUWYYVRXY```Y[ZYQLKIHHIVb_UQ\^XPWWWTSTTU[\Y^`YJQaWPT][\XSWZVQIN^bZQSPILZa\PKEJX[SOX]][ZY[YOJHQ^`_]\JJ^id\ekh`b_VW\XQVY\__\RU\a\_[TPUOISZVJD[_SYc[UYUTTV]_dffXXaafnqoa\`hf[PR\WXe]McspaNKVXOTXQOS]YWedbe]R_cQNY_]WW[^aZYWRTV[a\W`^TPXRNWTVc_NKZ_a`UJQX``]WRVQOYWTRMGQ`a[TV[\]]^Z[ZRQY\ULKKNO[UGHNRWYZYYZWXY^WVLP\]URTNT\]beYW^\WOFKOIQQNNIPXTERV]SZcZJJSXUNR\cc[WY_c\ZaeebXXc[N]fgea]]VTNIT\WY[TJYSQ__PGSUUXTTSRTW`^PTRRSLSTZ\XOEMOKIJHMRYcg]RQOQSNJJQKOWTTS[^Y\ZTLKIRLSPSZ\]]VWRD=PY[UWahfee`^SKGWX^hgZWUUUOLW\^ZO=HTXOENNG=5=QY[\SGJUSLNJEU^ZPNW]YW[XRWPNTWUSX\TS[RFLGDQ\]YRSUTTXWUOHR^eaVNPPXYWXYXVTOTWZT@=PRMQYWOMXZSGNTSPROIMLKPRI;;J]_VNTWWU[_ZUTO@KSLOUWVNWYVVcieZahebZY\VNPUZXNUXSRWLN\ionifgYOR^[MPRTY]_ZAGZaaZUTPHM[[UVTMUQHOYOELUW\_]ZFO`Z[W]\TZ[M:MOUZSPR]]Zdf_]^_]_gj\fngZTV]ZRDALTUQOZYacWPSTRMLINQMMUYZYUGDGQVUSU\[TXXNLMLMLPSTSWWT]b_UQ[\QVVXSSPSUYSMJOOFOW]YWSMOY_[MPVILVX^_fllcQJQPOTW]afab_UNXWGJQSNSWYT@DRTPJC>LTY^\YPOIHOG;KXWD>ELRTW`XQPV^ZUQQZVLUOALSKO]bb[PVTDMQMHDNW\^[NIGS[ZVZ[YVQNPRTRVRIQPVZ[TX]YRORZOLZYRG@HQMNQV]\TW]]ZWY]ZQNTHRXTV[XMHPWTQSQMNXZVQPQKP]XS[VDFLQUY^ZU\jldV_YSXcdWOD@CX_]W]^[XSQPPRSTW_WJGCAK[_ZM[`VKWYRJIZaZVOCQVJLRPADDSVQMKOUVUSYYNOVRSRIKSQVcbVSXNACHAAJTYXMUekiZNTZ[[[XVNLHJZd`SGTYUQTRT_cb]VPFL^dZHBKW[VH@RXRU]ZNFQYYVU[ZQCNXZ[XZ]XNWWTPRO?DNYXSIGQYODKUQMRVZVYa_RNEAFJTZVLOVMIOPSTX\[Z\_\WQMLFFUXOOSRNIQZ[TQVJKOLNSUPSRJGORPURVbaZPJMY^YNMKRUIIY^ZKDLYWTR\`\VHMVWQSYWNMNRVWVRISVMJRSJ@JOPLLMUWZVKLPJNOLMJLVYNT^_^\`YMSYPKYWNOPVQWXR]bXQOPAOYY\Z]ZWQQNI?KN^\PNADJXXSPVVY_^VSNLX\^aa_\UScec^ddYY_a^XUS^aaUJRZ^dgec[Z\SSaifdeO;M]`\X\_bgbab^\YUZWOSSW^ZVZ^\Y[[SPOIGOOYce[SUTPR[^^^`[[ch]MIPMGV_[Y[ficfsrgYSUYXQ^cX[deffa[^US\\QLUWST\\UWT\a]OJUcbWYaXF]cQ\jg_WSTKLNQYUZ_\XQOVTOWY^a]YSSWVWTNQWSSZYUQPWV[OESSPORYWRMMQW^YQYZ]YTW`a]RWYMFROBJ[b[SQJMZYVWYOKRZZXZSUIZhFIW`_Y^a`UVSMZTLVZY]hi_QRV\b_Z]b\VTR^c^QNPTMY^PP\^YXZ[[[WTUVSUWXUQYaWKReih\WYa_Zcdde`Y\^feYPTZ^_ZRKW]TUYZ]__\[]WINVNIIOWZUNEHRYWRORSVYTT][Y]aXPTJLVWRQUVVRIMXTNPTXRSVQJMZ^[_dYWWUTPOUSSPNKMLCJVWXTRLRX`d_[^`^WY`aXKQWSONX\Z\_^UPOMNSXYUTR\fcQIPP\`X[_WPOUUKMQTOBRXS_h`OSORSQZYNKI<=HHKOSPW]WNU_\USSSMXY]MVOG\gbYTPRVY\WKEPPOSOMG@RROSRKLTWbebWKWfkg[QNLR]baWPMNWSS\bcce_NP[ZYYXXTSPWSQaji]QQJK[^VNMQUUUQGOUOTVTSTAL\SKU[VNJPPRSTOV^]QANQW]bfd[SMHOTUPG@DU[YWVMLTVX[YXXRQPV^^VMD?>EUYRPW]]S<8?RVREHV[]_XG@SZVLHR`^[]YTS\SCJV\RKQ]]QLVWVQOZXOT]ZK>HV^UJKNSVRROPLYYOHEAJSNOLNPXZZUSQSW__XUOHEQP>93NZVWMBKSZ_]JRRO[^\WOGIJOPTQJKKU]UY[VKVZ\SISSXTQcicTW]NHSZ\XM@Q[[RQTIGWdf\XQJEW[QRa`ZUO`[KQZb_RZ^WXb_WXTUZT?=IPQU][OKV\^]ZRYbf_\XU[XX_`ZWTTSX\_XTT\ZST[]WW]_ZVZ```[[ZUJQWUSWUUUVPYV[acVHTcc]a^_WIOKQZXY_]ZZRPSSRUWVZTQXVIAQ[THPJKXZ[^WSWZNNZ]WRPW][TTWTSOP^gge_RKIGAAKPPNOVMBS\VNWNPVY]\TPUTWbe[VPQWXON`bXHOTUVSSZYV_^ZV^a`Q@IDQ[VWYWJHVUJLOROJMUTWaaLKSQLUTTWTK8BJJPUTMGKTRQNPRLHOYZfhWfbUai\OSL;M_gcZX_`^]UE<@GIG@P[USS]kgcZTekg[SUXXZ[ZPKTZYSQPYcc`b[\d^QMSZcgf^NITYY[LKWYbc]^a[OVTOX[SNRY[W\YIPRR\cYGRUX\VQUWac[NZa\Y\^ZSUYTMZ]ZSSTKXMCBMONJHLFMYXHFMQP>KSONJS]_TZ[SJJFJ]aTDKXWOVUUSVWSVZUTZ[[QOUTVZSKLPRUYVCNVMJQRUNBMSNJEPY]THHNXYSIGNQSPHBPTTUNKMJVTQILNNMN_^JHD@AENOI:CIR\YQFDBCKHDVb\RHDMMROCCKPLMQJELOU``[REMSSRMJHNKUWXYXNOZZRUTGGPHGNKENSYSQUXNP[bd_^dig^MEIHLYZTJQY[\TW^[X^a_YQACR\WPX[^YUXZ[XU`_TORUUW]TJPRUPPSXZ[[W[`cgf_``Y[XLOIUYVPKHQVPV`gg^LHUd`[cfe_\gf_`dbcc\Waf_[dhdY\\ZSY]^\WUaljaehaSOaggjopjcSKQ^]chnjdab]YW__YYTD=U``cecWRU[WRVXVW[QPSSOQU^]`c]WUR\]VVS\b]YX]YPORTUV[ZWUNNYZSSPS``\TEAPVSYZOKNQMTYWTMLQX`\\XIISTVSMVWLNRU__WPUTSUVUUUQNRRPVWNLRW]ZUSVWWPYVW\__c^_]NCR`b_\\Y^ZUYYONTTVY\]]_a`YMGX`_\RSX^bc\RVZV\_`\RUUVTVVROXZXZ[VVY]]WX__URX^[WQOKLPMJSMOX\U]eec^Z\_]aaWQNMOT^UVdjf_ZTK>KRPUTS[^TB=LTRNE?PXTPWSHHODHQNPMIY``Y\aaYNNQ\_[]TIKJLRQKBLQPNKOUSM[\YZ]_`[NR\[\aa^VOOKKOOORKOZXRX^VJKUXWZ[ULSMDGXa]_[TQMRXYQQYWY_aV?GVOQWRKLROPSLDKMLOQNNPQNET[XTMGMZNV]_`\[aXDT]VIDS]aaaZYXURMJNLQUOONU`^kroh_[ZPFR]ZVW^_YQMU_\UKHKPORW[bda]W_ilh_WLJMJC??JXWUT\daROSWaaTGAYba\\SSWUWWSONQVXUR\][]YMJQ[`\UXYX`d_^_]PT[ZWDFLPRA=JKMSMMK@NWQCGKQWZ]]^\^[RKF;?Y\NNUXSIOVUKCOUV^]VNQMKWWZ\[_^[YVPMLLTZXOUVPVZZ[^ZTUZYQPOMHHNNQZ_XPLECLSWWTZWSYUG>@OSLQRTUTP?AJS[QGDEPNBMZYPH@GXZQDJRVZYQHOJMONQQRGGVcdZTXQMMMIKNVWU^\QQPJS]XO[]XNB?JCGOX[ZRP[JMekbT\jmh^PHNTV[TTTONJRbfa\`ZXWTNQU^cd^NV]^b[UVRSW]^UILTXPNY[Y]\YPIIDAOQWUOR\ZUQYTKRTQNOPQOY_^^]_YYXVXYRRMCBGRPRY[QPSWQFR[b^Z[RA>IJJNMKSYWH>HOYVHCNNHDQZ^TSJL]`WRSQCHQ[TQRIKSRSRJCISWUZZONNRXWROOLTSJNRNQRNGMQTMMX]REHRTMIGNTQ\\OW[XVXVUTX\]Z^[WQNMUUX]`^U[d`VY\VVY\allbYPIRRRXZTMHIKFETTORMLLRVSIUZZRIS_[ZXS[QKHT_^ZYVRNVZYZ^USac`b`\]_^TNbhgYPX]^fhdZVNL[aadbYTXOJOYaa]NQWXOLRNHJJGTWRNS^[QUXVZYTX[WV[`c\TY\^USW\irkbed\Y]]VYZS[dYX`[SPJVYRNUSbjfcgc[`da``YM[fiaScjh]]^^]UV[UYZTIQW^YQSRP\egfaUPZ[VROYddhbWEM]^]VMSZaje_]SOW`_\VWW[\WV[\RX`TNO\ecVVXPEAO_fdWEJNSPUUROQRQRTY`cYFCGIBJR_bWNNVZVRLKLQMGCHY]]^_^_[HN[]WLQVTZ\Y]^WWUUTMCPWP\ee]URWXZ^`dbUVWR]`^YIPekcSR\WNRRRUZ]_RIMKP_^[]bfe\VMOZcgb`XRVRTZ]Z[WN[aZWTNNZZZVDIFM^ie[VLIQPVZW]^XRRZ[ROY]XRNSMBDOK@AQTWRILPNOPVQSQZX\YXSZ]aYRLQbe]TOJU``[Y\[ab_X[[TSWYVZaZS^a`]PCHEIUQFKR^`[RW]\__ZVUMMVXXZNAHP`\\ddSRJG\fbRNIBDLEQ_P7IY_]Z[V\\UVT\bWQVXPLVZ[[YUPPMKGKQZXHWZPMNCQSRSEITPHORW]ZZXTPUONNPSPVY^b]VPLS[VUce[`gb\XXZ_gkghi_WZ^^RRSVZ`bfcVP\]\XPADLLSTRSQJMMLZWGKJNROWYUQPUW\^e`SLMKGNH=IRU_dZU]ZRDGMOOXYRJV\R?OQVWXeSHHJOLPRHO[]WTLPIMQSMMSKBELIOUV][NGPPDDVZMHJORK>O\\\VHOMC>EKKQQNIXeaUVUQFBFJQRRJIX^VPSWPJJTWSTWRJGKQRTMTYZRHDJONNUTRL@FPI@OUPORXUFIRQOQYWMHF?QRPSJJX]YWSOLNSQQKGSYXNSTOLH?MU]VETXOMYYYVSRUTNORPNPMKIPSV^YE@UYWOJIIPZce\Y^]YVNMWXWZ`bc`TJFJLNQUXQYb_XTWUNCT]]b]RPODM\\TRRKMT[STVNEMIAIURHTa_TRSIGOY^ZZUNV`]WXXPCSXTRTY_fgZQX]XVU[[bgg]UY^Y[W][ST[abdaZWPDDMU[XYWQX\VQPVTX`b^\[[^XWXXZ`^_[X[XOV\[ce^Z_`XN\\^ee`\[\]WRVVUV`f`_a_XXYXUXV]hxveMXW^f`QELXMV`b_^\ij\KJMQY\XR]a\MFNYY_]XWWcnuqe[]acdY[agkliZKUVU\_YSTYVWWRJQ[b_Z_^ZXYckfWV_`TKJS`a]WRH;@SZ\QLUVSTDKYRRYVV[ee_TDMQOCHPW^_[RPMLRMAGKFOUT[dfZBQ]VAM_b`c^]WUXemcSVXSZd\Uadfg`PPQPQVUUZ\WWZUUXXTSW\X[VQTOENRPKIHLFHQUTPOUSVW\[_Y]\dkjc_YSOQ\VQUQMSXRMKINY[WEQ_b[XZ_bWMSYWZZPR[Y[ZLKRURTWMKSVVWTQOACNW]__WQTWQMQTY^bRH\lpndYPP[aYFJU^gkf\OV_^[YVYYT^cZZ`YPaf][NBJJKTRHJMVRQU[`_YOKRZ^^ZTY^OCKWYTR^\EFDOkqhOLT[\TDNY[SMVZRRTPY\VY]_ed[X_ZU]^]TCKQUXWXXKDGV_dd`PP[XOMSU\ZYZSSRYWEKJE[YUXVYUKKIKHMZ[X]U>=MMH?JUKLMTX\]SIPKLQTLNQMKQTSLKT\YTX_YMOMPSVTY_PCVccYSUTOH@CNTYWPPPIOVWQKKR][KINRQP^g_IKRW]_UNWWUVUYZRLPNKTXVNPUPFAKOTWYP@O\Q?@ITYULSXZTLGPRTTTZYVPD@AJMPQQPNHGXWRVWTXTMIIFRWSDITKIRVX\WTSHFMWPQZ`[U]\YZ\[Y[UPYVPVXROLHW[WTTY]]ZYWXVQO]_JEWZafecZHScda]aaa]cc^efdZQPTXUWYW`aZZX\a[WX]Z^WHQVY]XNHGMNTZYEM\^XRPKFHIMU[YW\]c`]`cY[]^WPNW]\RNZ]VTZ[SMJX_bdaUQINX\]``TFITXXSOPMJCUYTUUTVVMKNRWZWOLKGIGEONVYY[TR\kobTORTVYXTVUS\bZHMNOWWJRZYWWXZZ^aZZ]WTSUSMQTNKRYYPKNPQRNBDBJVYTTYXNNU\TOIMFGSQR\`[]^WUPMINY][RPRJJOIOU[acgidc`d[J]fWGMQUQRPQECHV]]TGNTTX[ZSMLOWTLONKCMW`bZPTLITZ_Zbg\JLOJV[^_X_cbZSHKR\^_`ZJITVKSZTPXX^_da[MSZ`__edVLUUMLQRWVWQKRMFFUXS_bb_Xcgab`QKNELOKU\`gaRHKKJLNZ`\UUTU^SBUZWQCSTNYXZUFAJNMCMQTTPHMOMLEPYPL[^WV][OSMKSYSHHLNUYVHMVS@KVVTUOSWVTSYYOLQRQNMQOQRPGJT^]VTSV_d[TW\_b^WTQNIGP[RKFQWY^YJPTPSOTQKIJELVQLIOVTUSKPVMHICKPF=FPZZZVPPRRROMOVXXZ]UHFFIHHPSWRLHPVRT]]WLJGCNWUOLJBA<@HQXXQKI>7LQUSMOYdrr^DLMD;XaaZWOSQLJJV^`VSNPZZOO\_O@O\[TJHNKYYdd]WX\^`WQTV[PCRW[UZ[]fh`YZVPDKLX\ZOMPZdZQOGPSLXbaZMOTPJSVZe^LNSY[TY_a]]\`\OBLX^[VYYTKJJNQT[`a\]djfba`cdYZXROL@=HLT]UIOMFOJR`YNTVMKWVRVXP@=HD]XPMGIPYYQKGGBKRL?GUWXVRQ^^QOOGININRPIFJLGLMG=EMEDFGCJOOOKEEEAIWYY\[WMSTJLPRJ?FV[]TPQQLJNSWTSLFW\TPMQLBT[PDS]WHLKF5CNXVHQ^baXPPQD?N\`X\\XVTXVR[ZVSPLU\X]ZSSM9=FRVUKJKKRRT]]RSVMMTWRKOS[c^RFGJRSPTXRNNY`ZRY_e`\\[Y]bc]UUWWUWRRNQXagc[PKPT[cgf]SPPSXZchaSUTQOOPOXY][URSNWWV]Y[ZX\imeXY[VNRaidRNO\fb`]bhd^fcRRSWYYXX\\VURRX`]VXb]NKQWZZWQJAPV\ddZWZWdniZORUY[[\c][eb\[^[cggf\MLSZce^NNNSdh]R]holb^]Z\da\YVWYX[VYbcZGBS\VLT`_SMRKJRSQW\SNRQPMTZX[WMRa`YX[Y_VNY_VXXKJY\PJ_bZXVYVOGO[b\\_YX`b`_[KMQJLLT^UWZTTUQLNCNXOYa`ZU^Y`b[Zac]W]^`adUEXZZYRSWRLTYZVNIU^\SV[ZSXa^UY\_`]RSTOWWNGUXTWXNK[c]WVRFV`c_UGT]fbVJOYZ[Za^LQZWYSPSMST]\WX\STX[YUNMTW\ZURRUQOMBEOQLZge\eklgXKPRFITVSLS\_`^_ZWVQLMWVRZZZV[beaTLVbe_XSXVQEEOPJ>DX_`TQXUIQYXKJHGQMLV[XSTRXJLTVVVSMVRIMSRMMGCLTRQUQHKRPLFPOLLMLTSOLMOSNQYSHJP]bYWYJB@CSWQLTVQRVSTWVHE@CBUQ[klddjjh`S^a^_W[[YQWWS`icX^]USU\ed^KBBL^`VPIPZ^`gg`TLWZO?QZ`TMRF9NTOKNLOOX_\VY[^ZVSVEBY`^]XKQX\ZVZWQURWekd^WNJSVYVUZVMACEHJAR][ZXXa`YYWTPRVUPNQNFGIHJTRMKFAAMNEHJLSRMT[[^UJJIPVXULDKQQOWRHG?LRBDT[_YJRXXSFLTSL\fc\^VPSWXYY_]XRGDKJFNROX]XPS]`\XRONRHDMNQTV[Q7FILLNRQPYbcXKWWRLOUVXSOQSRSSUSNNPCJMDDFK@MX[_[YVQRTVWNHBEWZQKJH>ADGPXZTILKMPUQRSRY]UJALPMLFRWRRTVSSWZXONE@IOR^e]TZ\VT\`Z\TJOHJ[b`TSMIQFNW^^SRKI[aZSSWWXTKNOONKCLY\VSNACSYSBMXXPSfhYab\RO^]WSXcjh[LS^XUVRVUV[a^XHUdjpocVTX\`f_^\OS]_VTTPQTWTQX]^Z]^b`XYeg`bgf_^`ZNM^aUIONTZZYWZa_`ihVYYLM\bb_]VY^[bhcYQUYXMIMMVZTOXZ[Yhpd[^\Z\^`TOQ\ZYWZY\`]YUY_cda]WQUYZ_a`_^Z`ibYTW]d_V]`ZTOXbaV\a_a`aigYDMVZZ\[^_ZTSVX[RXfcPMTIKV_`WMEBRWTRXZMSUQXdabeg[PIDBOUWW_]RKP[`]V\aYRMTZ\\TOQQSO^c[[RDYYSSVSR_XYZ[XQKVdjf\][WYX\ab^QHSR[aa[\YVWSV[QGHNPTdqnd`daXVTY]YOGMQSWRNZVNMSZUW[WWNDENLLHIQXZX]ZYWTQSSBMVVRN@LSWTQOOOOPIYXNQSNYWUY\QMV__`ZMOVURLTXTLKLIEOUZa\MN[^SNOQPKO]]SKGHPVXUTUYZZWSOVWWSS[aXFDWc`SQXYRKQVQW_YVH?LMTUOMQUPRZYTSFNSTSZ^ZWYTMNRW_YTWUNFEC>QPFWWVZWTNAHV\XNBKW[TMQRONYVQOJLIFC8BWXJMP[dcXRNGCHOXa`[UNEPRLJNVQJEKVbjddgbXQTYUX_W;FUWUUGDVZVSSQ]b]TRILRX`\STQPQIEORSSNWZXWTRSQNVZOFSZ^ZVWmj`NQX__YSVZVNIEJWec_c\PT`b^YO[eicREW]acjjaSHCMZ\_d_]_[ICRSVELdjdbZV``XXTOWY^[W`gd]VR[\SFSUXZZ]^WTX\YR\`YWURWXZZY[Y`a^a_YY]YPS^ZUN^id`WQ[^TRVVYZZWUPX[VWYWXXTNZa[T^b\T[`\]`ee\WVWVUKTXVQMQXVSII\[Y[^db]P\^VUYY\]XZWXWYR\^UT]ZHM]^UPOXSBHLMJXRMWTNOX_fgged_ZWNRMW]UI]dd_\UWVHS__Y\^RII]a^YVXMPTEOVLYaeYRST[a^]`ii`ZXJDY^Y`bWIOT`lgY]YV[[YRPUY^cimpmhfaZPSSQPTWRUULJHHQNGISYUPKR__[YYWSQSUYaed[ZYW[\[XRRMJJZc^LLUXNHPNDKONLX[WTHILLU^`\W\a\YW^`\ZWMNZ]adiaWRSRQRTMU^`_`XNGLONW\V=@S_aZUdeg^WZ__QVTPMU[WZ\\XLIC5ELKNMMZb^cdTLMLDRZXMIINGOZXUNEOYXJEWZ_eebZWOE>MYXQQTP[ZXOJW[TSRW[UOZZ[]Z]caRFKSPNSMLXVNU`b\SSTVVOWSU]WKNVYYYZZ_[QP]]\SUWRDKUYaklf_SRWcbVOIKQVX[XVdibPU[O>ATX^cbREOZ[\a\TOQNIS[ZULONNWPDZb]QUZXSHMZ\SUUAKPKQTOUXdjlaW][U[_]a^SNOULCHQZYZV_fj`OJIOMJNWTJJRTOQPSU\WHFZ[RQXRTWWXYSMN[aXKQJNSRNKLVSV[WUZVNX]J>RXXQIJZ\UQNTN>IXZWQNPVPJRUS^c\K@HSRQPOZZRS_a_WWUQ[]\_VOQOJFNXUTWVDGIJMQLHJHHG8BDHJHFSZ[USUZZNETVIZ`ZTRMORLEHMILQY]]Z\WTHLUWK@MYREFLUUMPPNSKRYOAELU_eh`ZXUXTWXVUTYVQTZ]Y\^]_\WZ\UW[S@KMPSPICLSPRU]a_[ZVSRQT[SK=EZVGPUNOOYZTRWYUUWNHHNUUT76Aa]\WXcgdc]YN@COMPUac][_aZRWVQV[[QHNS\[W[ZWYSSXVZa__dkg\QQSUXPV`b_\`_^ZPU\RS`deb[]\ISXURJNVab]UVZRLNW\^ZTVa`\b^VYfc^]`\ZYVW_]UV]_XXXXHSSPX`cc^bgji`Vaeb\YTONT\]WW`[QPTRZ`b`ca]W__XQOP^YLM\\XPVUT[c^[[ZT[YWZXRIV[SQUXVV\XY^[`cSCJ\_RXYWV\VNSPPKGZ^ROWUS^a_^\]UFLSXXZXZahbRTQIP]]X\`]YUS]`eaYZX[XP]^VDYbecUQUUWVW_[V\\RTZYX\`[ORVZ^^\`bUGPX]]`bbejiXO\_VOMHWWJP[YSPLJPTUQIDL\YXYZ[_[XXYVPPVWWdldYVXNOVVTOMMLRW^da_QOZ^_WPTOENUOSRUTIJOKLNSXVQVad`UGP[\[^`\XYZWUXWM>@D;PWSMONRVW\bVHQY_[DVac\[bb`ZVPOS]^ZNNWSJJMCPVVPALWZU_d]WOGDKOMJAEVZ\[XRUXWROSV`a[U`bZYRSWYJLTVWW\WV[Z\ZCAPMS\`[SKIC=FPY\XSPFJOPY\VRPQWTRVYS[[RQJORNSLEMQLENYZRKW\RGHJOWZTVWNLNNNOMVabZPGSXSPRSZ^TJHQSKBLUZXRRTX_`^XNQOQZTQTY\WORSTKJKAGQXXQFQSSUSNNPTRPKNFDOSLNTWVKGQWQQUVR\\SQRORPZbXFMYXJDVXV_jkcX^`RMXTLDBPXZUGITb`YSLIUXPHEKIIMOQTTJJRRQS]b`XUY]UQSXZR;@NQHHWXKOWUPUVQUZVI==LRNEN<PRXci\V\_^J^gbXY[YSQUTMGTdfd`_WQKSUZ]VDEPVRV[WTKDPVQFU]UU]S@>KUZXUTX`_[aaacaWW]ZQKJZ^XSVPUSCMU[[WV\ZRQJPRPMRTO[caVJDGPZ[UO]fZTU]aaVW_b[SPU\^]_XNY^UP_f`UUPDKYPU\[UJKOJJWVPSPJORQLNONRPGFSXYUX\]_YPQUUHHOPKNPUROUWZ^]VSJJVZWQUYZVRSLNSXad_\XTOMDIMNTWWY\RKJU[[WFBKQZX][QMGDJLQRVTTPBCSNMPTPTQRSJBESYNVZWNIEU[YWMFBA:FLRSQ[[QQQNKMROTQ?LICNTVICJVTQY\ZW\ZRJICHamhXOSQKQdibWYWPHFWRKTNLNNE=HVROJXa]TNLIBANQNLVYPKOST[ba[TT^a_UNPQPNLXYQNHMPPTWQQWXV\W=MRC>B>AGPGRQG\UURHUbca_ZQUUW`]]`_[]_[QU\]XVQNOZWM[[SMUW_db`bd\W[Uai_QXZ^^a^_`^WX]_]XW]ee\U^\TMR\]X]abe`VY[`^^^\]eZNY\UZheVYTH_e]X\ZZZPKQZWOMWNLPYZ]`[LX`cb`ZX^[\__ac[KWb^SSS]_VNYROYa]Y_a]\]b_]ZSO[`]V[_\VU]`[LOXZUSPQQYXY]\V^[QQRRPXT\^^^`[[b]Y][YYN[_^\WNNMZbaZXP\c\UZadWMOZ__[ZYZRTUQJRXRTRKOQQMPPMUTEK[__ccfK;]]\VTTZYXXa_ZabXPVZ[XMO[a^V[[TPTW\]WU]\``_]aadbVUWXY_[XVJERTHCOVX[_a^VQVSW[[YTRRSNZaimfXMRZ]QT[caVMTYa\V]^UTQPSXVYWSXY\_^UMEGMX_\Vbg\HWddZYXWOLMSTSXfibTOSSMFJLQUVTXUUNQVVVQSMKO\`SDCKYYTPOSXWLASUXZ\YPEINMY]]PUSUW^_a__ULVVGMQRTTX`aZSLTXSQROV\bc^UIJRSLJYYX__XXc`LKQPUVNNV_hlnh_ORYYSFKJHV\T[fda_aaYeh^PVa_S>IRTJMY]Z\cg\bljlfYPVYZ[\efWRUURJBJZ\RORT\YRNJTY]\]YXgkhe^USSNNOTV`haYLDFLIQV[[UQPX]YOUURRQMHT\QHU^aZSVZ^[YNHHO]jg_^ccYO\beaUVXZSOTTLMSOCQOROKONTVQAHTSSRLLJLOVTIPZXSUXWTJKKSNIOMLOUUVTQRTNHHFQ^e_IJSXSUZPJLONMF:HVaga[WQIOILNHT][STQQP\c_ZRFBFPPLGGEHHNLLPNC8RTNLFKTYWTFAHJLRJLUYSRUXQN\^QPY\UIBAT]XNLLHGIRUTMHQPSZRER[ZZVC?QQNG=JU[WWVURKPTTWNQPORFQ\UQPOHD@EEFOLKTPOTRZZPTYVWUHKST[[VLBBOMLXVPHQRLTXUX]ZTCLSG@MNRVVPQU[WOPRHMZ\YTQIFGOAEWXKEVRGFHJLT[ZYYXJJVWPPMHLVUOVZ_][YRT]YUVO\`_\^`_UMIR]Q9GPTYajmaUXZa]RHNPTQNRZXMPQMTYVPRTPPVZXX][RNNX`]Y_Zcxvkceegb\TLV\XSPTWWVKFB=LUVQVSSVXXXPQOPJFJW\[VRZ]V^gdcbVFPX[^[Y^`gjhXR\`VNX`\RVYXXVdeeib^YXTSW_`]_\bdc^SJO[Q@KXb[ONVV[`XWZZXZWWYYONRSXZX\WXWUX\Y]b^\egdea]_d^]_gruhWW[^`]]\YZ[TXZ[[ZXUJQURJR]_]dgee\NQIMVZ[YWST_eeddbUOX\WNVUV_b^aca^]YR[cbTTZ\UYUQX__[bdbZU[[[RHKLKBP[Z_\VSUYXLTag]NROT_gaPRXaa^URZ^\TNPUW^_SLWTNPORRWWLDRSHKH;W\ZY_ZSRR^goi^[XU]WWXWZ`\XWWY]^YY\\VGM]]\bdZ[`ZS\`ZSUXYVOPQ]haMGLMSSNGIQY_daYNTSTVYVUZUMT\[XWPR_f]W_`WOWT[YXYYSELUPHR]]YQT\_mo^TZVKHBMgspaUREKQNTYW\fc_]Z[\]WJIRKQSPZegg_SQRFN]ZIM\[XZ^WOX]\c^UWZ\]XQNKTZ]QPTHJRRKLWWXYR_a\Z\^aa[UQX[STWOJCDO[WXcaS\]SSRPGFGMSM@DCFU\XYYTMNYZNEMLLJOSUZYWY_`WOP\bee`_cQG>[[`ca][[QVaecYY^ghf]Y_db\TUNOVT[WU[]ad_[WYTM\fbYQQWRRX^XRKQY`]XJFMQTKSZXZ_^[ZWVSGGGP[\[[YZXNICKYVMKONGMSQOQF>IJKGHOTILV^^XROJMYZUPGKPNMNPQTYXRMRMKQKNROSXOIQ\\SRJKRXTI:?FBCJNLOSNHMUVH>CDNX]VVYZYUJQ[SFOYZW\^QNUPJQVOHGSYUUTTVNHLONNTVTLMGU_`PRTRSUQNQSL>IJKKNJSROVZQKIVXSNIGHNXTK=BRLHFHLUSRRSGOWMFMNGBCNEN\[RQ]b_LRMNQUTQYa`ZYVWUPGHJW_]QOUXXRRW^ZTSWZUGIONMRMENXbcYSUUSWVSGLPVVRJW_VMZ\RVQKKMRPJSVLFMUQCEFELQMNTVVW\\MPNLQKEKMS[]_[QEDMOLKNI=MVTSRW[ZSIMOTOPPKKW]]SJNNP\[PPQJDFALKBBDFITZULPQW^YPUX[]^VUMVRKOKGGJQROKDCKYVGHQNOILV\YKDGJSWYYRNS[YJ?VUXe[SWXGFTYLHIAKTOLS[]_SGW]WT^daXQWaea[QLQUUUW`b\TUZ`daedeeddfaUX\]die]_b[W\WR^b]hnf\V]^ZZWTXXUZdhecaeb_\c\WSTXWULRWDIYVQWTU`c^b`YM?ScdWZb^WXPFNX`bheSV\VPLMQW\WFOXbiaU\_VU`bXJQVZ^RHXdf^XSOY`__[X\YHPXWPQMEMWXQELW^YOTYXUZQPOIMPIPVXYYYSMHPKEJQX[WZ_TRYTORXKLSSO[gcRP[YQMS\ce_Za_VNWcea]d`a_ahebYYUNNNG[R[WKLSU][LN^e\KHOLW[VW\Z^ghba[che]ced\UPNQS_b[cql]XQGHP[PUccWV__UPYUT\]ULHFKLNNGLLJEBGFNYZTZYWV[YHLUW_`TO__OIPSUWMP_^USV^bYVVUT]VQZ_XJO]TRVWYURULIPSGGW[]`aZPKS[YTWROOPVSIOVRCFHRURRQMSUOLKNUZZQRUMFGRX]Z\[\VIDCHMLMQKMJOUUNQTXVSRUSJOQNLS]_VLMLER[YIDXWLFQXOLMQUTWY\TQ[`ZFN[]\XNKTTNFTUJ>COSWRFIRRKOJOUYWPPWPLQTTXVVKLXX[^ZPIMPJKIFPOHJ?Wd`ZPVPRY[XT\[UXWONVQNTNNIKZd\KIINYahle[Z^\YLPWVVZ\ZUPKKHGOSONTRPTSMGWaeaYXbebZPNSRNHQRNMOQUPDM[WQPPTSQQVWY[Z^[VYVXbZHSRBK\]^cdXGIQZZ[a]HRYXWOT[XRQPQZ_ZTXZVSNQYVYYWVROHOUUS\[VRNQJHONQUSMSTSWTFAFT[XJIZWJOSJBR[UNRQQRY^`YVXZYPN[ZDEOMSUOJRVWUWVTMU[WZTJNQJCKKSXUQRTTRX[YPQRPGLPFHUXRHIMRUUXWNPWURY\[RDR_]TXXKNW\_`ef\PSMDLPX`ZY^_[Y`bWIXZVTVYWJZefaJIX]`YWYf_`a`SK\_WQTZ^UKNRYPVc\\hc_e^VYWT[aadgijf^YT^nl_SHKVXXZXVR@=RZ]TOHCJXce_SPTQNY[TPJNVYTMMQQV[\TKMVVL>?KPJEOTWYYVUYTHRLEKIEEUWPNPNTYSQY`XJMVUOIQ[DLIAHRWWTSUVTOWXTURTMDIKMT\WMLKOMCDIN[[RSUVWXSGVdcUTW\_WKLMJEDLQKNMQVVWYUOHOTVUQQSPC>FPUPKMNXY[VHUZTPTPGFIRIHNEDV[YVZWTTMKWZHKRPMXVNGNRQWWRNQVXVOGNTL@KOVZPFBMWXZ[ZX[^VOURPONSSKL^`YQREKY[[XLEHNY\LKfsoZV_bZSSNIKTbgd]YPEGVWSSUNSX]WW\[Z[VXLDX\VJHFFIMOIMRSQRNHEV^_^P>BMRQMOZVLNPQVSXWOFDHIHDNTPPXcPQ\__`b[STVXYTX^WY[ZXZY]_``VX\a\^_]XRgtn`\]^eb[XSKKRWSTYVP[^\XbgebXMRZ`\WLPVTTW\dih\RSQHQbg_NH]hdTQWTVRPWab\``ZSWZRLRZ[[_[R\de^\]^^Y^]bjf^Z^ZXRX][X\ZZRUY]]_`bgh]Tbj^QRSSWc_T[YEDU[[Xa_[LS`dZLIUZRTYa]WSONO[ijfb\WZX\_ieWFSPQZaea_`\c`Xbkgdd]QRUNV`ed^RZ_ec_[ZbeeicYVZ^[WW[]_ULMPWYTUZ]WSWVSQSQX_``fg`YVSSOOUa\SMUQUYWS[c`]Z^de_T[ab]X\Y]dfb][XSPRTWRONIDHU\LFZ\\bc\^`cee]_fh_WMMWX[]cgjhaWW[RJQWZZXWQUQ^hg]a]TTUSV[clm`MKP^aY[XNNZb]HJSXX]a`^hmibXTWXUJGJKMJJKMUSWYUNW_^XRSRYZORTVXWKJSQNLPZbb^WLLYXM\cYMUZUNKXegf]NP\^_\T8A9R_cfe[VYZ[]XWXXXRPVURa_UZZ]ebUae_^XMFURGJQV[XSNUlreSTceVPNOSVPKOTRMV\VUYWWTXXSNPBBLROLQLPSZ[TJP\ZUXXUUY]VHIIJIUXXYNKW^\]]YWTY]WMQNLTTXWTP]e_KJV\b`SG>A>BMPPTNGNZVRJHKMHOOMVUIFOPMORROLHHW[VLEGQKHOSXWTPKHW\ZQLQNUYac^WSLTXTMFDEHEGPSMKPQRQKQ]a[KHNKVTPKN]YJ?A;EEELSWUQLMRTNFMQOMPNE@JJKQSQQLJPUZUHIUTSVSSZ\VJMUMWWRSOGHNNFDLUYSNT[ZXYXUSNMRNNPMW[YQCJY_a\TKB?IKMLOPPM>?OX\WONUWW[[TLPT[TEWVYWJW^WSTSPLMUYblicZQP\]Z\_WNPPRU[^[caWTQNVWTUYUPNPV\XRY`YOTbbVMVcg_]b_WPAHVW__^djg^WVbgcZLP^ec\X[`^RHdheac`_`]WVIW]WXWU[]XQVPT_WTXZ`gb]\`bba_YHL[W_b`^_\SHQWY[^ZNJMLGT_d`[UVNNXX[[[\]XLIO[]\VQRTY^\^a[MRSZ`b\THFPOJV]_ZXYW]b]MMGMX]ZXX\WKNYXLK[\RTUV^U;IMVVPV]XHKADNRX^WTWNSZVWZTFUYQT[_ZONOWchb@ZQMPY`aaXUYP[bedd``b_T\YX[_cecajpmg`]^`]Ybb\W[[UWUQOYWTZ[ORRPOXYZ][UacUQQJV[\[UNZb[VU[QJVcb]_`TQ[]W[[U\\XVUSRW[YZedbfb_XIPTLECMOLLLYc[X[USWX]`[UUU[afbZMKPNT]gf`TNFL[YSPUVPOKCOXY[]^baV]^LS\\bc[TVOUYNVZZZUUTRZ^^gh^UZdflhTEPUVPNS[Zcd\VY[^_XLU[\VVWYZUQ[\R@BKV]ZQOW^edXEOIMWZ`g^XZ][UPQZ_WOW^^_YVUQQQVXZW[^_[WZ_TJW`c_ZZY[aVEMURVXOTaaZRIDUYXYSRYabX\hgWEP[\[Y[SMSSHMY[JEQQQMQ`^_aWNPPLO]dbXW]\MKY\THPMPS[_]SORP\^SS]VLONIHFOUSOEKROKLMV^\WURQRJLUUPRZa\WXOHGJQSRJ@FROHP[RFJMNQURJJKINRRTVVTSUQEIJNKJUYRKUYZVPLVQLSWWRNFQWSGJLRX]WUWQU]\MLPUUVWP\[XTPWZZODLWcb`\VVYXNQRUUTWci`[TMZhdWSYXUWYULPXWQQPTRWWYcifYWXMHYa`YY_b^ZY^\^`effd`WNZfh`bbaZTcqqm^^ghfhfhdVJSWFK\TJTZTRUUWV[]WURU^iniZXY]`RK[adgeVU]PPWPMVU\\TPMNHGJX`c`[UT[WOGRXMPXR?U_\W\^X`jeWMUTRQPSRSNMWYWX\\RINMX\^XW__TPZ_\Z]\TTZYYUPWSHKLT[XSQY\_[XLQTSW_^YSRYSTOIJSY^^ZRDQ[]XSRRYZYTNS[amqw\RUTMDPQQW]ZJCMTW^_a\W^`d_^]XXYQRWfl]\hlaSGS]ba\Y\WSWVQT_nqjbXU``V`g^SCPVWPGOUVU\]WZ[XXRIOZ]XJQ^XOZ^^XHGMQ[^WPbibVTU[Z]YWQSSKJLT^cge[QGKODLNJKKQ[iqk]RQPPVPEQ_daZTJPa_VTUMNNTYNQVOGEJMV\ag^PY[RPWRQSSZXOPSSV[WW[XMJOPPU_cbYJBJMPSYVYXTPV[YTXXICSRX\^^XOW[YVZ^]]SKNIYehcgjkghkg[SMT[`[WOJLTWW^^Z^[LLOPOLNI]]hqofc\]baeike_if_cmrjSUVODMSROOWWNVYMNZ[a`XY]YPLSSSSTONNQXXONOMMLRVUWSSY]RTSOEGVYQOB>PMS^\\XTRQOPT^^VG;Q[UMKOXPJTgn_6M`^Y`\RPVVVUPM_d_ZY][TS\PPUQQSJCJLPIMRMNQLKV[RFJJNVSGJEQPLJFPZ]THQRSLERXY[[SJQXSJQUL?HW\YVPEMRL?FJHOWYLPVUL@LWW]bXY_UKTZY\\cdR?MVROU`\OJGDENMKKCJSOLSLLSXUV[P?6@@FKRXWLLLAGPOLDCJKHKOURLJSWRLQPJTTJNUOJQPTSMKLPXX^ab^VRQS\`PDNM?KWZQABP^ca^X[U]mof]YWOSXUQTUTGFLPOUQINQX[WUQFMRPRRMIMSMVUIPXN=KYURUYUX\^QSYJDZ]ODOLIB:U[TGGNCPPOKQXPOOLSR[`ZIORFHQQTNT]]SMUPF`gb[Z\VW]cb]XVXTTWRFGOUXZSMFT[\^aYZ\VTYdf[KX`_`ebacdgifdbc^Q[d^\Z\V\]kpl_``^]OOV\X_b`ZWTRS]]ZY]^]ZTQZ_^]bb[LIO_\ONSZZXSOWST[aaXT]]S^aTZXXZWRPW\__X[bP@KNL\`[_gdXOLIKSSLO\^_]a]XU]ZQPVUQNNOO_UGY]RV^[UVTUVRR`bYVYZYVVQKEAMVLIVVSZYQOIMOWWSSQSUKRXHP^XSRPXb`WURbu|q`[bb_YOVaba_^ZYOOY^]]_^^cdfdebZT_ceb]gkjlh\YXUX[\YYZZW\SHS^jmicYX_b`af_VLTY[XTQVYXZ\RU]aa[ULPPWaeb`b^WY`UJQ]_^[U_e`JIQSRQRTTRSQJLUW\_WPY[RMOVVVQKNViqhWKMLS\WPWdcPIRRT`d\X`[VTSXWVL2DKJN\XObj_J[^TWWQUVZ[]TPW_`aZVXUURTWYgoiTRZVI=GSTUQNPMJIGFKPQNNOQNSW\]X\\]\\WNJONLWbehijf_[`XKWTURPTULKZ_]ZXKJPH@NRLNNMcXYfomeZX\[T^caRRa^_gjg]WUOLX\WWWV[[XLP\beeaZPRRUTTTZWQNSSWZ\YORYWVUWQTTRQWZTPPZXUUSOMALSW\WNJMRUSQLT\VKEMVOALNWYXS]c^UPFJKVXYcga\SMQYa`[\^^[UWLPUUTMJDDPXZ[UDCPLENSMPXSPTNJEEHKNNQZ^[KKY]\WT[[XW]YKROEEOUYVJKTVWYWTHIJGPSUZ]QFGIIIMOKTZVONIKWZ[X\`a]\UOIILY\VSRLDLSUFJSMABKMJHKOGJPNMMIHFLSTSQUQIVWTRXUTVSNUYVW[QNRWTMUZUSWXPDBKOLVUHKRbe]YUSSQUVLCGICLUVMI@BSXVRNRSOZeg]Y\bYZb\_^WIFQTQVXLHOOORXXUOQLMRZ]Y_\ZYQHFB?JSPNKLOOUUUWWMJMMQPMSRNMRTPUVYNHTQNMRSY]Z[YW^c]ONOTXVRP[a\PNYXNP\XT]\[[^`aXUaaSHVY]\WWWTQNDFVbd\PPSUTX]ccWVYPWbflljga_fjeXNLGDM]]UTT]\XXWVWXSVZaa_WVPOU__[[`daYSPMX\_]XV\^WVMIRUVW[_^QPXa[R[]KJ^`Ydh[_`\gnmgieZPSSTSX[WSab^X^XNOV\[_\WTVbe^_e]UUPLKOSWYUQQ\ZTW^`\YYVX]_]QT_ZQ]e_RQSUNGOWUTNKYUT\Y[SQW[ZWVOS]YPTKEPKMQGQ]QQY[`pztbGmme`XW`[WW[]_a\b_WWehb[UY]^\bc`[]bchnnlic_XJOYZXW`eaZOMQJQ]`^[\]YX\[URL@FTZRMX``ZWZ[^a`_ROZUWegdd]PMOWVSVWTSTSOLJNVQW\Y[ZOOSZTOUXRXXPV^_\WVZ_[TR`rvkZU[[RSPGRVRUXWT\]VWbh_PQST`cZMQXSR\`bhgXESVRY^XQRTQTNPREKUOPRYVSO[`cb]PU_YNMPRLSXTNZ^XUQSTUU[c]JP_d]OQYVQNQYQIUZZYXX`fhcaVTX^ecV?HSXZ]^`fbTPNPX^^ZU[Z_QIVah`VW[ZUZ][[XWXWTRT^ZOJQWWUTRNSZ^^a]YekibROL[b[Zbabd\X[ULWQOX[]\VX[XSMHISUQWY`gia]XHJSSRNKRUVZXTTUMNPSW]YSPW[ce_QSOJLQNORRaf^_`RUW[_ZW[VJBVUXVNOQUPJV^ZYUNKLLNTUSU[[b_OPRLNQSGJT[YNEJWYVLHERVTWRSMPVTRVXODHJDJLNQZ[QKUSPSQPOILPUSIOQF@@B=LK9@NUZYRIIGGPVYU[c^OPXWSSTTURIKMRUUQPRLOQG9APTVYWUIFU[RLVZWQPOKQWORVX]VHOZZRUZYNJPOLKNLJLS`e\ROT[[]X[WVUN>LTWXVOPSTUMPPIR`ddgdbXV`\VRPJJG>AScc[XQQWXSY]ZZ^a`bb]WUQMMDNWVTUVTPY[P;HUVLJONNKNMQTWYRPTUTXIORNTZ_ZOKX[T]ab^ZRRSX_b_\LKX\ccRRYWZ[^]Y]b[Uac^RSW_d^QPZZVVQKS[ZW]`YUWXU]YIGW]Yfvq\SUS]da^ZSKOLX`[UQKQQMX]ZV_YQcg_TYZSIUUHY`aaYWXRJS_]LR\`YLV\XT^d]TIO\^\_hjb\VS^bc_]^XMXgid_SBNZZRCNUZc^YdbVBDVVWVXVIO\_UQYd^[a^QSVYYVMHPHFSUXTKLPYWMLRSTURSPMUPFJZcbXFERVOPU\_\SLPSYVRKMTSLQVNNQVTPLOVWTKEHU\XTSQWSSQXZTOLI:FRLJ>AC>FBJQRRTZXSTXWOTZYHFOLQY][YYWOLSROSV\_WUJO\VJEFKPLCFJPTVTMPUULNWYSSYROSTGKSSKEJPROPQLWdbTJOTRMGXQUUNMMEQ][G*=IGJR]Z\__ba[^_XURWWOC?JU_beaOR__bd\X\PMBO[]^^^XVZ[VTWXZ__]_]USZUX]`^gecbYYUSSUWV[gmsn^MU`ba_a^]UTPIKWUS]cYJYaddd^TJV[SPXb_XMPXXX]VKW^ZPR\[NPX\^de^UZa`UPU[[^dkg`ccZ[`_\`^ahfedYI>CNNHFJIKV^UM^aWJKJNVYVZWU]\UTU]`^WV^^Wbg]UZUQ_e_]YZ_bbaZX[a^ST\gbSLKUY[]_ZSKTSHEORNKRWMW^S=O_\VLUYOLW[YSHJTYTIO\[\[`VSX`df^X__^ZR^cUMUchhdaZNUYZ_a[KOY]\SOLMLS[_\Z__`baUT^bY\cd`[[]`a_]UMKUZZW\\ZWTTVVZWX^^YWZW^gic]WUVTW]`a`bc\VUXX[^ccb_a`^\]\]^ZY\`\TSMGPVSRKJIYd`RYU@MSUSQTYVV]edfii`OMPOUVQWZXPHXb^TV^db[STWQLRMKLLPPRVORWRZ`\SONJDISWV^YNMQWYNHLA4HZWKJONONJQX\WRGKROQVXULACHLZWQJRSOORRMKLGHJLQTXRKJUWWXZYTPWVJ;@ONOPWUSW\XODEQPKQ`d^WRHLX\NCPRWSGIMLRTMFHOUXVIFHB>KIQTQNQUST\ZWSVdopdZVMRIDLEIOSSNNSQF\icOMUVTYVRPXROWLHNSWW_RKHLM[^_dfe`TPYZPSTQMQTT_`VcjaNXYRP^ecMPVNLWY_``aZSYYRLXahebb\SS\dg_SRX]`]YSK=LZ`_jpqhYMQ_fc`dba\ZX_aZS]fg]UR[YYTXXUSUOQTY[RKPTRK5>KT^`ZHZkgWUV]ed^VXW]]WX]Y`op_RX\_^QNR_``iifgd\YVXZVVRNUVVMRUae\FABITZXZUYWNMT[faV[__adjhgbb[Xc`ZZSVba^SP[__UXYc_NZad\[dlnf_bU4JTRPNNMSW]^TFSXYVSVYXYYYZXXVOKNRZdh]cUKJMZc^\hib[[V``Y[bef`b_\bda_`YRSRTUHKXYYWTX[``USbid]_dc_WQVY\YQV]_`[XVUTV`^NTZSVXT[\Y][_d_RWWV\]W[^[TYa_`faZZea_ZWUWWadZRU[_]UTV[_^ZOGOWWTOX]]]\Y]V>JQQTNT\TT[cfigfXB@LMX`YPUUPT\]_^cbdc_TSY]XWZa^]c[ROQ^dbYX[UQWUMS[UPZ\QPVLPOXYTNW__WSX]XWagd`hh]aidWMLTYOPWXQL^fc_`cd_UQQ]kmdXMMZfg^^]`abcc_X]YP[^Z_S]cegec_RQV]jndVRPWZSNV[[YaeiebVHI]e`SPJFZcadfkfWNOPSSOLX_TJW\ZTMURQQTR\de_Wae\PU\YQKDLR\`^]Z\VXb]JP`cYQXbe^RUPJ\kojbNPbcSRQU^`[ULNPSX_`Y]aXMU]TXWSTULLODEEITYWQCIPQRNMLT\ZOIONYU@LOMOUWSMCJRPXYNHIOS]^SOIJ\ebZYXQNUZ\XOGGHLQR\ZIQZWXRIGQXWVOPXTSMEKY[UYXTOKGLLOJCDMKFCKPMLJRULHGLSSIJLNPNV[UING?PPJS\THIOPNHORKHIUXZVQKLEPXVLPTOOOSXSOXZQCX\Y]\UPQSLK[hfa[QS[]PBHLLWQJHQTUYXW[cgaP@GE@KRHRXLEQTUTTY\[blj[PTTLHKC>CLSM>CNSQI\_QUXNKPTW[\\O?EGQUQJLVVMTXWY`_^c`R=LQPUXRMTY[VOT_a[OOPJGYc`YW]TW^YVRVZYMW[XQ^aac_]\WW\eia[YPJRZ\\]Z`kpjdd]UOY\dkkihc`a`ZW[\[[[^[UPalqof]YTMJSQM^`bZYU[VSQNKXYY]`XV_cfca`aZPVWRYZVYfhXV^a`[XV]irm__b___Z_ddc`]Z_WNW^WV_\OUXQQY^\YZ_[X]aeb_edUWXPWad_[^XTWYL<@RVUUZ[XMLLLRU`eia_cdjg^`[KW_a^XRKFOOX[YNY`\RZ^]Y[[Z[]aYT\[YWPUO^]\Zdjb`ea\]`[Z\a^XVXY_TT__WW^`cbdcZTSIV`\GS`b`dcltqaT_gjh`X\[\]^]^bb_WW[WW\RIUde_QSUX\bb\VYLObgfa`WNHX]XW]ZVY^\_[RRVRW_\^^fe\USR^__\VNLSXWVY^`ZLRZXT[\WWLBVZVWV^`TPL7CY]cf^RVZT\b[]_c]bfbVOORWZZ\\a^TPOMUbhid[QNSURQUNS]b]YWV^\`d\WdmmgY[WQRYfhZ_dcgnicXRRV`^WNKMWbaREHMQPUX_bc]NHVU[]PS[gic[ZZVUPT[TIR[QX\[]ceXV_VUcc]WVXYUTV\^XVZ`_\PAUY^`]PPPPXbedaaYN?G\b]QLALXYUMJJRNSVTGR\_XYahaT]a]UUQOVZZVZchgac`NO]\TO[`VPJQUW[\bc`XX^^ZXTVRRX[UOHDS__dhcTHIQ?QONUYNHMMEIOTRIB;GPKINZYH@LPTZSKKKNS[[PCILMPKW]WNPPQWZWMLLIOLGMRQQVTMCBCGMIJKKNT[VUUQBQ[`ZTMU_gd\ZVUPPXQBQQMQVRLKTcf^OAABJQYYVNNNSXMD\kkbZQMQ]_UV[XZWNOQONPSQJGS\XZ_ZOMPNN;GNMRWTMGQRPQPOKQV\\cbPGJGISUQEJ]fe[P\_\SJNPYSKMRLOPOWQLXXUXZUMLLSPQQWVVMV]XTQV][TKFTUSUVZc[[aef]XY_XNLOU\b]OVYRVaba\Y^eb]_^OHQ\[XX\`cc`]XWUHKSflh`\]U`h\PVWRVSYZR[][[UQW[XOZ^RZ\]^a[S`cYS\cd\S`hed]WU^]_YKMROFECTcf`^b][XMN\cabaV[c\TZ\WSKKTXPIZXMSX[ZYQKS[\X_hcY_ZY]c`UFKPL[idQUSIR`_VUZ``^ZZWXSMLROR\[XUV\WSVb`NFGRTNPMLOPICJR^a^_dd`a]UT\aa[QURLV[[[RLX]XQ\NVeidVRY`eid\\\^^TWQ]`[HPZ]YSORVS[`bbdd^VQQY\[a]W\cbZTNMUXYQNPRUZY[bdhpqhX^^\[ZZSRXYZabdXOSVWTOSVTX]ggaZYWYYY]WQT[[QQ^\SRTRRKMPXdgdca]Y\ZXMLKIJTXQT[`\^cgf`RU]ZQPWRGKNPWZ_VIGS\]^acZW]VTTMMUQRVQFNUUTRRQRQWZWL=EIKKIMNOKINNFDRVVX[ULRWV[^UFKNNLJ]][`d^XR[dbZ[_]VQVUWUG?IPTWY\S]`^\RCCWhi^\\SOPX\_`]WUTN_^_^ZRW^[X]ZTSQNPRNOQLTXRPUKU[VQLP\]Yfj^NKZ\ZYYQPUZ[ba]OOU\a^VF=?@>LPIHPKHUWVNCFQVQNUYMIIJLPRLLP@G_aTUYUST`b^YNIJQ\_a]TPVRT\TWST[\[VQSXX^dcOFRVXIKRQNMHCCPVTJNY]XJGDN[YO>CLLLG;R^VMPTSSUPSTTPTKGMTRNOPXZRJLJMQQKLHQOJMQNPTOJHAHPUYXQIR\XEBMONPRXVPPYa_P=IPRUZefX>EKS[XLGMKDGLIQWY[[\WSXUEMQPONJIHAHZ_[^`[X^^RU]\WXY[WSNOKPPHGV^[TMRSPJJMGQXVQPNPVWRMN]jh\PONMRVOHNZcd[OTW]b\K>LZ^QGUWX_\SMHOTTVJNY[WI?DGIPUVWY_`ZLMQYZPGGO__USQOVXUXYMKNHKWYO=HRNCGLbc_TKT]``\\ZUW[\YWUTW\^\WVSLKLVaib_eg^LQ`_ZXW[\SYXS[\W_d`ccbcfbXQSOSXdc[Z_a`YVROQOU]\`db^_eb_^\ZXZY_^aa[][RX^]]\XQRWS^fcZUTVVYWSV]fie\VS[\WRY[_d\X]WRVT[ef`a`fe_NKU]a_]cb__YX]``TMVWSW`_VYfjgcYEK[\adh`\\XV[^\XSWVR^ig`ZZSYkeMVaYQRXbe]QQPSLRTTTQUXRRZ^]LFKYVPPLRQSN;@J]bdhffebc]WW_`WNOTONXeeVFL`_N_aW^ba]VSP_kj_TSRNSZ\dghcVLJFDNQIM\a^UMNZb]X^a^bc`VW^VUSHOYYLAHPMPKGJILMJLZc_NPUOAHOU_^_c]JY^bd`\X[`boxxk__[ZSMQROPZ\RUTU[``a_XUagb\ej^QRYVQMNONLLSXZabckjbXQQUVW^XRQCMTUVPRTNNWa`\c^SSPOTVWWSPONNPNT_]\VTU\^aVNMF@JVSTTUVMT[VUXWNMKKMVUTYc^YU^^TUSTW^\LES[`]``TS[`YRNVVFHXZ]]\]bbig^KOdfVRWUSPWXTVWTOLOTXQRXVMKU_]\YQNNOWVQYZRQTUSQUUPK>JMIOQIEEG@MXgg_LFT\`a[PRZ[VWWSV[]^ZWVTUYSV^c\YRYda[SKQU[UZ]POWONV`b[__RW_ff^W[^b^aikfaa\\__^YT[WW`]XUTekcWZX\Y[aXO^[Z_Y[c\X[WSUZQV`d^LR]XUTT\c`eee_ZVHJVeg[[c^SSXVRW`]\^\^Y`aXY]YXcljabb]W_b\WWVV[d]VVZaaZ[^_cbg_Y\`\WU]ZQNS`e_[Y[WV]dcd^OV\QLKU_`XOOVb`[UOSZ_]VXZWSOUY]\RIOVUOOOPOW]dkcUPKV]WOGLYR>JJT^aZTS\d[6GY\[RLZUMV\__]YRKWaa]WX_a\OFFUbkkb[WMJQPT^c`PP[[\bbXSV[ZWSOQ]aZRV\YURQSPW]YWUOU\[VVW\fhaXTNYgoh]RQVakttqi`YVWXNP`e\W^ab\NUV_eid_]\]]dh]ZVYWZYUHIJVWW^^cghcYPUVRZdeVU^YMPNRLORTNHPQXfcXWWQLVa^N>AUZXWXWRTSU]ji^USSVTWXNXYVVXageba[RNHJPQPECV\ZKNWZTNQMO[\VWQQWZ]Y]a`XUWYVTSW\^bgb_XY\YTOTZLMX[WTTUNGPWWIMM=VVSMEJP[YYabYOGS^[PU[SNGW[[VSQMRKP``TNSRVRVZ\XSROP\_ZV`g_V]]X]\NJPO[`XJGHOTTLJSUTVKDV\VSPISXVNQRVWSHKTNOWUSNGNX\]Z]cg_\aa]bf]TUSHKX]QUVRO?MXOMG_^[WI>MQ?8MRJJKPVULIJLSVPLSZ\_]Z]TLRNB@PYQCJRQQONU\XNKPNLMXZJDRSNRRPQMNOMPD:MSZZUOPJGKNOJLNGKHDPSU[]^]_YLGFKX^TV[VLFJTUNMRRPJKWRMURS[cb[ZYUKLQODVYURVWHDEN`dZWSNI=JRSKPXUWZZSCGLUZVTPFNUSGBRSXa\Z[WHIPQYXPOZWOOYPNZZWSY`b[ZVQ[[OJKVYX`bTGSRRQLBAGKEJZXDJRHBEBJR\[TQRUWYVIOQSX[RTSV[VUNHLQQQNI?KSHJDPTVJIUODQ[]]]^XWVQUTRPUPMPUUY[^^WWb^W``W\c^RS]ca\UVYNZf`Z\QPZ[_ZRVWZbecff`[^\_\XW_e]R^\SPN[ggZINQT`c_W]e`ZZabZRZZVSROORKPMAGXZTU]`\XY\_`\YW\jpfX_g_KRPMGHYc_]_Z^fgjf^^`[RWdlmicd^ZWXXPZ[Y`WSbeYT^efe^^ba][JWcca\_b]Zchcabefc`b_Z_]QQXVTXX]``YLJYYRNNTUPHNVX[TLIRYUV[WVWU]YSVXRHX^Zad]^[NONTQPPPQV]UP]\Y[^_WZ\caU[]QNOQVVTS__SR[V]gic_a\SMRW^]]_b\TQNW_ghd\VT\_ZUPTYZVW\WNOW[^\VPVW[^_ZVS_hihg`TcpqfXXWYbo{t`Z]^YPTUT^`[TPU]bVX\SU\\_bdaWRS]aa\ZOMPPRRY`\]a[Ycd[Z_\^fieTLYZS]^\USX]ZPTSGHJVZ][WVZ_[SR\ZXUTSMECHTko`Ucd]^YMLY]YRS`hf^RKHFIJV]SDGRWOJQOPRRVYWZ\\YTRWNDJSPV[^RLWYVOMLS_`\UROTVSNKRZ_YMMSQTTUY]WSCP`XWVQPKLRZX^^UEFHRZZURLOW_^^\YTNOVad_SOKLLPQSS`e`VOQPOPR[YWX[VOGHW`V9S\VOMOPYX]`WKLDFQUUPIJBC8KSQOTSNQDMX][\]]SJ[[KKX_VJOWRLNWULC7ALQNHD@@NYUIGGMRVYSDGJPY[VVWQRVSQV[ZKHKKKRUODKHIFLPPGNVWX\[SW_cba\O[`WTYU[]VRLDOVU[b\Wab[Zc[[]\Y_cbac]MHCM]]SMMU[XTWXQOU`fhed_ZVR^dZVWURT\a`[U]fifaZWZ`Y[^[agdZXXUPUJMTX]ccWUWUVSKRYSMRYZSZaa^YZ_da]QYd_YUURE[haZb]U[`fg_VQY\X[ejb_^WSXZ_gjc`a]R\cb^Wef_ZYUXXYW\fg\RX]UVgieaYZgrsi_^fcVAQZ^^\WRUNRYabX[]XPSKLNQWZUJTONVVSMIUhgZ]\[MUWQRY_ba\]][RMTWZRMDRTgekjbWXeidXZcbYVX[VPNNU]_aabfkcX]\WWTQ_effc\XQU[^_jnib]]f^ZUQSTNU^\YVWZb\OQafhge_XZb`aca]GVgiYTXXYW_mo_VWYUS_aRFIIOUXXXSY^YSTPXad[XU^`dda\\]ZRJLR[YNSRLVZUZ`clrgT@HTVUY\[P>NTRORSMPSZ^^ZUUVWPMUWNLSYZ_^T_gg]SU`d]Y]XV^dbYRTYZP8:HMNXZ[VLUWSG=IPO[^\YXYZddYBGKUYSTZb`VRY]WP\kmg_ad[TXUPRRV[XULSXSPORKXZW][SIa]IJVYVYYccbSHDOZc`^_``faXTZ\UQW][NHLPYUZ\_TZ``UPOVXIHPNW^`URRNPZWJLX\NFQLMPURNXZRQNMLPX[P8;FPTZZONZd[GM]bc[IOUU[\_WQ\a_X[Z\`[SOMW\\`[SWZ]YGSSNUUGEDLQPRVTRUMJLMEAEIQVRBCPNB>JOQRNLSRWYNLWZ[QJNEJTTMALPQVVTHA>BD?;GONLJGKRPMSNEKYYSV[UPV[_YX`a^\YSQP?AHLV^UEBS[XQRPQPMNQQEBHKGERW[^ZVVHGBJQTPIBNOLLQUPJYbbZTNMIFFSRIOXUPHFKLOHA:MQTT\\XSX^b`\YZVVUWPIFF?@KPMINOOOLHN[_\\VV^ZNTZ_[SSSJCNTSPNIHPQHEDEHHOVPLMQSQRVRE=BX[SQY_ZXSUKTTJFSXUXUJLOLOPLNSCO[]VU`ce_WTVWOMW[WTSZ^RT`^`_^_WSXXbje`^]XYUNOYUXRU[ZKLSa\NVWNVbZQW]ced[aaWOWabZak`JOZ^dc_UZ\TNPMNV[ggaeoka]^WTXYLP\`_^a_X]b`X\`[PR[^USW^a^TUUSW][^`bd`XOUa\W`^ONYYXY`ffebebaXSSMRY`^jl[M^aWPTWWNX^UOWRTXVZ\^]WPW[W^aWahbTfttjc]bc_Y^XW`\NUZZ[]ZX^^_[Q@NXZcgb_XQHBMJCENVjnjcXNRTWVZ^_fj_ZXQSNUZTOTXMW_Tbhf\Q\fhe[V]ac^YXZXOYcchg`V^^PW\W[VSURW^[Paifa\[bcbdacicXSYa]QT_[PX^MS]XVUXddWX\]_`afi_UUafd\PZaff\RSTOQQNOW]_^T@BUadc_][YUU\_ZVXOU]bjok^ONRVVVPIVZZZ[MBQXZjmbRVROOOLGR\cgcUQSUNMV]ZZ`hdU\UVYUOKJR[`VJ_gdYKKVVFBMLKZcddf]LIVZVSPZa\LQQZ]USVRYaaWJPYZJHKMQPQQOPX]^WQRY^]WYed`[[^YQJHGNPSZZVLUURNTVWVPFC?YUYQGX_YTOIUWTI=EPQ[`_fgd`cXIUXQKI?7<=FILIV`_VHPSQTQV_VOW]bcYDDSTXWQJQY\]WZWKFV``][UQ_b\TZUF?GEPTX]SHV^_ZWPOX^YXXV[]YRNT^ZNVdgg_ZRNZ^[\\[[]ac\QVVVWNICHPRKIC:KPPRQJIMMW`]QP]WMMLJGMKJTVOFDHMLXVQNLPOLKQWQRXWSHDGOWVMMUSKNMQVW\_WVVUNRY`^^ZTXUVTY\__YSPGDMLS[VPOU\a^QPOMPJOTTJLRVSQSZ_WGKG:<=FMNJHPQLRWWLWcaWSTSZUMKZ^PGNMUUTQJNKNOYVWRSY_]QZee`ZTVRIT^ZRVRLITSKRW[_YKNVXRNRY]TNTWYVQSUPEDSWNJJIKOPPHQVUYSPNC:@LUVUSKLVRIS[\QEKVTUXUPMY]\\TLLLONRFINLTTOX]\WWXUWccTQ^`]VPQL^ifZVYZXZY_giaYPFKWYT[bWLOMOTY]_^^ZURJP`^O^d`ac^][^a_YQQ_haHQYW[][UPQZeea]^Z^__`ik[X^XRNNNT^[JP[YUVOZZOOSSRWUW\RGW^fjh\[\UWWV[][`hgYP^WRVaf]Zdhcd[``a`XMRY\hidUJRXZ[KCMUUYZXOHLW[ZXcdXJ`jffigejlc`fgd`[JNVUWXRJUTT]YTROKKVZ]YU[\^`gf]^]L?ETWXTPZcgcZPLOUX^aVOY[XUNTYSV[OUYRZa_RYa^V]abhngRM]c_TXa^]`^^_]a`\]XGIY_[SRDGKNTYdmj^NKGOZW[fjc\X^c_^^bXPZTJV^`_QHMGS`f_Xaff\VYbfe\KPXbg_VSSNR]^XWVTQQHHYgfb`a_^]XUUP[]NX]Zepk[Z_VQPRS;>V_dcYZ]XX\``Z\_bb_RKP]hje[VURV\^ZQ`jkf\^a`[YVYZQSOBJV\]SGWbd]SRYY]^^\ahh_dd\^[[[ZSMLSZZUWWV[ZJ@IONGHJJMSI8HQ[^VPLIXce_Xfh[WXUUXZVYYV[YVPFGHSVV`cZO@GY]kh\X\]cfc`^[UTY]`XYXW^^[^`^VRVWYWY`_TRNDNdjd\VZ[[VHLUVZW[XYW^jmbZZZUNPSNCY\[YYQTOS]gbZW`c]\XSUZbhcLOVIS_fe^`_]__XU[]ZX]`[VTHBSTQOQX_c\XVVWV[X[Wdkeckh]YVRSUSS\_^VKLDDEGKNIIINKKGKQR_hh_QSQDKSUSXegb`\PCTYSXVEV`[RIMJI[]\`YQOPYWIR[b`ZXYWVNU]]YXOUZWQPUXXQPZSR[\MOU[^ZabSKZdd]YSOQS^aYQKCVZQERY_YRMRX_eda[UXPFIKPPCPUSQY[ba]^cf^MR]\TQSW\Y^bhjeW]_SQ\^V\gdZ\a^VV]_^]a\VQQNM\gBVRRZXOGJMS\[J>FVXVNHJEBO^b`^\WMHUTUTPCJSIBKLHQTKDOQQWUILONTXSTV[QGVUKR_c_WQSTMKHKOLNLNVTIOWSNFGKJDMYZNMLLKMWXTQHJIDALXYVSPIFTTSW_d[@IMBERV[LR_WHLQPQMPPUTTXXFCRPDHKBFJIGGNRER^[OLW[TEMSQSOHLPVVMKIIAITMPWXRKJMQKHMGV^XOKPK@O[\PONUc`SSQLEBQ][TLDOQLHKQNMVRTURMHGTWQE1DVVAIQSLGQWTQQQRIDOVWZTPPT\]ROTWNWTJRTRUZPLR[`[[^fbYY^die[UCKZeb_mvtc[]QMPTXYYWZ[WZVSV[[\XJBOSR[\cmh]YWSTUY_^a`^ghggedM=UXZYRWXVVTSXW_ecXQW]_SCWdbZ]]TRQSSWXPX]`a]aVM_ddb_ceaUMK]`SOXcghhh\OKS[_`^_\[ROU_faTQV[`baZX\_^]UPMX]ZYaaXX^UKOEH[h`SMUVWfkrxwpkce`OMUVYOKQUa`]WPPOT\^`XX[WSUPSTQTZ[XWXGQ`ZLJR_cXXVNKS\]VKHORSPNKP[_]SEJ[TX_a[Z`fc`c_YZWTV]afif[WNRY\[[RNSX[QKLPTLJQQZdb[UQRWUVY\ec_]b\V]iqtsk]VPXSOKUcd`_^^c`\\YSOLT[]TOPV^c`a[Wdfa\SOQV[VOMUaijbaZXY\d_[]``YSW_ZQUVS]ml_ZYNLRZZ[VZXPLW][WU]faTYZRQNWa`TTYUS\aea`V@HPVXOCSSSWVQNRTMRYWUVVWOIRSTaaSV^cb[]elh[QY\\YRMOY[XZTN\dLQVZ[X_ff[RASXZ\]SFLJP_a[Y\PLW^[XTMX\ZRLKFSVUL>Q`\aeXYWVTZUDIU\UVX]`^[^\UTJKRSU`dZUUWXM?NXUURFM[]_\]\][_b`ab\UVRTVY__`c[T\^`VM[_ZYYOLVEJY__ZPZ][XV[VQXZWQPTWHPWUQY\WNQ\eeaV[^YO[e]_d[\`VVa[QIEMV`_bb[WVWX`ZOMZa^`b[XV`jePLMTYRGNY[SJOSSZd`UUU`ee]UXUSUTRMHPWVX[TLTOIRUTLAIPQWZWOOW]ghca]PTSOGKYXY]WHOEA\[HJWY^gfffgcYTOOQMPSOONQ]^b`bab_YVVV[_ggUNQHOUJ?7SYXVIMUZ^][SRYVHO[dfaQCMVM@QX\Z[XU[aXFCMOFO``NHQ_\VUbdZUUKTacXLRQKOVVSYWS_`[OQRRNQUVOVZ[XVWXYTOMMQUV^`^`aUNMV^fhf[VWWYUSHAWa_[PNKSfm`PJCRUWWTRINSXNSOFEFIPMOSRTWL@CLNDKURMNLJNUWKGV\OBLLKQRSD?GHIELUXTU\XPQYXSKQ\[QEEGCEROIPVME>NTUKKT]b[UMNNTNUWWWOMWZTNKMPORX`aXPUZWQOSYPS^_VKGNJQWODMPVSNJBBLTYSGHKMNKEM]ce]VMPUTUXZYVUOVba^[WWTX\VPPNHQ^ZUKIUWSXUOTNIblfXUTPOKU]a`YOLONGPWPUYROSZ[XOKOMMUOJSTPPPI?JTQISSPPOW`[TNNOPBCO]]XYWOMQYWNE>QWbbWXZUMW[STSY^VMPYX[es~{gSXbb`YVVY^_ZQSRRF>K[_Z__LSej]W[][^UKQQUY[YKGV_][_^PJTTYa^W^de^QY`aUTgeWWYSRSWZUUUU^ba[[U\_d_Z`dYVVNVcdcgif[\c_WUZ]Z[\cc\TUYZHUlq`OKPYfdYOQQ]a\VKRYZbkmd_^`_^^__ZWXROWUYVRU]YOVXRVXXWUPPLEQWVRP]hgig]YZXXWY]^a[QZ[WROPRXXVVX`XU[\^]VZ]ZVQY_WW_ehb`a\_dhhcTVUVPQKGSXV\U\[RPZROP[YQPU]b\KLQOWZ_e_RRSWLTXdjaXWPKFDNZ[]e_QSW\\\QQa]T\YPY]ZOO\[]`\[\ZXR[`[\[XKR`\WRZc\MMS\aaZcfaUPZ\YRQOTYSW[ZaaWQUY[WSTTXWYY\hleVQSa`UYXNSX[WZ_ZXSRT[ZPBQ^ZMNZ^_^\\ZVVchc^VMSPOTSIIPUZ^WZb^YPVX\\[UWZTJP[`XJLUT\^`ZMOYZZ_ZTFHZhk^^fe^ZUHIQWQS][UB@[`RBWbdffbXOPMPQKKNPMNOTYbe`VYX\]XXY[djqumWSTRNJERWTPM^_[PXZWZVSQYa_`jnif^a]ZYQKKRSLNKIM[gbWWPWSSTPMOTUKKHGOJQUUPPW[QKJQSSXWLKWMHLEIMIFHLOKFJPQQQPQQGFOOKPL8GXZYUKKTOJU[ULU[QJHOVXRNPTQMQPOUVSKKMND=CRZW\^XU\ZTSSPG>HPXRLEAU\XYVQSX\WT]bRPRPNIBH\d^VQOSSWVH:ENMHDI@FQPQMJOJKQNKMYa_QJ@;LTTS^bbcVMZ\^\TUQMVVQNPQRWORV\_\Y[WZ`^JdqeOOQJDES_jogWSSUXWYYV`aZSY\[POVQGHFMV[ZWTLDSXSHOLCKFJUWWSPEQMLO[abVSWXMHIKHAfhllgca\R\geWRX]`]Z^XVU_gaVRLHU]VLG[]\TTOQ[X_]^_NPZXX_e^\ZgfaRHQX^\TUUN\cWFP_[M\dX`jeZ[XXVX[^]TNPLLKOSTXVNP[cebZYYSRW[W_e_USTS\c`^_b_[imhba]]a]Ya[IQ^][UMR[`VMGVjkcb_T]`^^UXbfhfdcbXYb_YWUZ\SJRSPLVc\QVVGHSU[]X`d_TKMRRMOEYhkhaTKOUTPWXVI@CHKNRVSUVSVRTXZ\VT[SOSX^XFKTW\dg^]b`[Vafd[TSZ[TQRX[WOQYcHGW][UR]]PP[\WPO]_[donbROT^X\ZV^bbb\c^UT\\Y[][ZZXZ^TMYZ\c`SUZcddimgd_a`]TV]Y\aa_]^gc_cb``YOJQTTW]aZZcef\SUZ\b_^dfc]ZYWSRSSPQYYSS[`^WUVT^`VVTOKRYZXXXUMONV\WFDJORJKVZ[RJPIQXY[`\OTYSSLETXVY\UPVYVHHR_jib[`[NP[c^SHN[he[U[YVOO[_RPZ^YXZ[eg]QOGIPYYXbcULLQWK:Uejf]YWRRNIDJNH?;:Q^^XOV`[W\]][W\iiglufWOIAGQ_bYQMLRVMHJP\`XZ[Z]^^ghgjb^Z][OVSNMQPLNJOSH:?OX`^]^UXa`Y]]RR_^YUN[`ULQKS[VQTQQXZHS\WU\_\QVWNQ]][cg^V[__\\[_]RPNQTXSJPQLSVOGIUX[_]MCHRS\c^VWVNEKKLY=LLJUVQS\^YUP@MSUST\_W@MUPFCNRSXSLWYZYVYYYUPNLW\XRJHHORQXYTRLLNJIWYRXZRMZga[VXUUVZ\_ZSZbd_XWXULLMX\YRMS]\XS^]MESX^YV`a_cb_ej`F>KTZUWW[VMMNMNELT_c_UUZULOQFBLQLKFWbfa]aef]TJ\\LQ[`aivqeTGFUXWZ_W?5ROXc_TXe[T^ZUW[`\X_XIJIPJELLKLVYO@FNIC@U[cedd^ZZZVVXWZ\VS]egeZTSNPY]WRYYPMNXZWWRX_d``]KNN=KVQFOUTJRZ[ZYPOXYS[][SJOTTRW[ZY[[[TEJPS^fdZQEFZZVW;QQTWSGCX[VWSMAGWWP9CIPKMTMHWWB0;?JQQIDH\cWD@?>BKUO5=STQbaZ]`YHFJSPNWYVNNJIEKKHBN^bZQPKEJPMKTYTOPMRLBJUTQVVYZYSUKAUYOOQPNVXNLKGPSOHANGZc^TVUSWUWdhe^]b]SX^b`^YUNOTZb_WWXUQ`if`f_SSQR\[W][ZZWQSZdnoi[NXbUS[]_YX_fbbe`TRKIFLVbda_afd_]TYab__geZ[ZTXXZ^a_^^ZSQWYQOTZ^\RV`aba\W]gia`[VQUZZUPKQVRLVW[cV=Vcd]SQN]`_[T`c_\aafgbbfeZVPQ]`irk\Z^WY\\]VQU\WPWXOJPW[]XWSfuqf]POVWV[b[HMPY^OK[c]V^eb[Y\_`[TUX`b]TZ[Y]\RXhqkbYOS^ec\[a^]YHGJV[hok`_a`aa`ZZ\WQTSQT`^ZXRPWTJQWWZYIQYZ]`[SMV][Y`d`\`d^Y\__]YMS`ii]CAVYPU``SOKNWVQPMGHUZX[TTWTJ[a\[_YOCJRLCDT\`c]^b`TRUOLTRMS_d`\^\ZOP_e[OY[R^cfbZRMAS]TA;;JSPW``SPSTYaf]WVTXX[`bYGFORPTX]dc`cd`[``TMMLQW\YW[ZVYYUWWZ\[PMUZTKQJNZigeYYY^bhlb\[[WR_egedaWT`_VQTTU[TLW]TKKVc_SU[_`ccaTETORa^SC=W]YUTbbachibMU_WTXVNNTYWX_]YZZ]bda_\Q>A>JVLR_\IUYMMW[OAP[WVU[XSRSRNQTSLQYKOZ_NISVac^YYXTWTPHFGObYI_f^[THFX`b_UT][^b\SJ?R`]RMMOLJLOOKFQRUXYN<>BJZdcYNHPVZYSMPVYY[RNNLKMDGRPNRIHMECGHKRN=DRSNRKNXXORRPMJRZVWYNGQYYSBDGJLAINIR^c``YT[caUOZZOJIE?BJOOQMKD@GOKPUM>FNGHIONJKH7:MPEHQTSPOPRQU\]WURKOOMNLMNLU^YPZ_XOU\SDHKV`]STSOQR\[WOIMRTTQOSTMPPQTW_\L@KTPKLEJQQPSVQLMNZrs]S]\NS[XPMZ[XVFLAIOUXWM]`^`fmr¬À½¦a\c^aWQ`dWUY_^fbSBMX[\XVMTZZW\gh^PFPY_b`WNIHIVZafgmnid_YTVRZc_TVTSSSLIHIHGVdgg__b_Z^_ZMMX``\ZZ[lz|piiaPLPPLJNOQV[baVNOOMU`ccd_Zb``ddcbY[^fg_SV]\^bX`gc[_^RUWWWWV`][]TMVbfb[]WQSQU\\URRTYZZ[]YRUXUSQW_[IDEKX`b^cmlbZP^jjb_^]Z_`a`^ff\W[^[eaOMTah^W]\SV[a_UWQVfmc^ebTJPTVbbSFALSSUS[^OLbe]R^accZLPemkaWUXSYUT_egcZX_dcZTOQYbi^QXZQ`jdPEW\Zbg\QEBPUURR^eb^]ce]TU^_ZXPCWce`TUYXX\TY`__WWZW][XXRGP^fdd`VURSVad\XT^fc[Q:NY]\UQ\d`ZRXVPVWYMHQXKMPScghg`VTSRTPNSXWVZbhfefhg`^b_SJZVX_ba]TEDW\WSQTTOQ``[USNMTUZ`babbXORVPMNKMY`^YW_b_XT\ef\JLSJNOV[VSRV`ZV]b_ZYYY\]]]ZSXdggYR\^[^aUKLXZVU^jkkhZO]_PKXVSRSR]]SPKT__THLOUWVZcgYOX``\KL\c]SS_aa_^XXTZb]OLFKLFGJZaaZSS_gioog]URMSVUSW]WVUMSN>ETQJU^\YPGA;GVZZXN7LY\UJMQX[[VVQV[UNSOPWYWW^Y[_USWSYYA?SWOKGLUUNMYZOLOU[YTKLWVJC@MXRS_bUOQWQBGVX\[SMJ@IOF7RUVXTUTLJQV[URMOQRQIKGGEE>CPRKIKPL>FVVEDA6HOW[PMQS_a[YQPVSKDCIIIJUZULBUSJMK7IZ`XMRSURYeme^a_`]SVZ{£·³qbVZ[\b]`aZSY^_bifaZW]_]TKWbcbdb]`f`Y`c]PZ_cbbdbY\b`PJ\_Z`kma[YQKYcd^`a[U`knh[XRVXYQUTV\\VHIX^_fu{uaSLAH[_]MXcbfh^PFHMX_[V^q€~lRWadXROS^_]V\e_SRYcaYUQHSekdXVcf_^]`cdc]ZRSTXUPVMPWT_hfV@POHMXVY[UKPR\^VPPXXEJaoqfXV\^^RZgha\^`WJSYXWSOTXU`_\XZ[YJ=T^XKOXSIO]e]^XN]`WPORYdeUSPLKL[__gc_a`cbdbVUWWbeb^_a\VW_daWJCJLR\a\XRU^cehdZOYbdc\OBSRT[Z\b\TUcc\XVSZ\a`]W[\^[UV[`bbbhifa]Z[VCGXXY`c]YQTWRSY^dc^TUVSGLTXZbia[cgoh\ROUVVWX^]ZXUPIQ\\NLUYVTYWVahc[NEEJI;DKNS`ce`WU[e`VIHRTNKQY[TG>JVZ_b]NOSW^`SX^^oreacakqoom`Zdhhf]`geaTA@LQNQXZNRUQPY[U]]WZ_YNMMW_\PFIZbfcWN[aUKX][UT`d_\Zbea]YIX]Y^WMPTN[PZb`MOYNS\\VOS^bYgqqdL>LRTUYOHUYWVZ\\[Z_^^WUZ\SRVWRU_hifaQV_dhjf_RMYa]UPKSYZODP_ebTQQNQSSMKDHUNDQQSYUPV[\\XOOV\ZT@QUOX\c`[_^QVZNDNPKHHGVWTWXXUR\\RNXYXOB?MPXUJ;@CBGJHNTWYSMPUOOONPUYM?DIIHJNQPUVTNNQOIOQKPOLE4:4BMRW\VOLQUJFACHMTSQMLLONLMJMMVY\UQV[TWVOMUVK<,KXWV\^UBLT]^_SMTQGDNQOFT\YRMRUOKLKIFIHPXXXYWVLDD?DKRZSSVUNPP>9?HRWVJ@@RSIRQGFA=GT\dcW`gaT^f`MA:JY]YNS[WV\]R^dbUOMPKNTXVQKKNMKPIFNY]^ZJDVYTRONF>HMWccXQ@>NQPOPJGLLJTS?AVYMEEDBI\]POOYZVZacYWYZ`XZb‚¨¸²—nf\UUZWPPXZZU[^ahe__bc_WHMZa_Z[c]T[[V^fdXU\\ccc_Z]cbULO[]agcZ`^TN^jj\QWVQQUad`_]YOFY]TR\YVWUSVWabmpi]UOO]dd_XXUSTDIR[XVYZCOqƒ‚pTUY`d`YZ\^bZZioh[TX]\SM]c^Y^d\W_ff]Yakmh]SIQQQO\`_TVX^XWYZ[VVWW[_VVT?BU^__c`MP^diec[TU\YWadcbflk]RXRMQVUYXU[_SNZ[GAQY]YGEFMDQbc\]]Z]\PO^c_ZNRQCI^haedbXUYa__Y^bbade[YSX`\_ea[UNPPU[Zc`YVV]cb`cb`YTSUPIO^eec_`djh\ZdgefbRThoi`^^bdcgijecb_\\`XHJOSTQO\ilf]ZZZVVY`cdhee_WTX[d`bph^`[\XTSQUPTJL[\YV_`SPWYNR``VZ^[]a][]]WKBBMPQPSYXWZWLASYJ?R\YRVICIIOPOXa]XTWeh]X_d]\aooe[USckonje`bdfgkba_][SNRUQPWQGRPMLXa^_X^d^NLNQQUWWYXVT`aYbc]RJIPYVS`f`VUV^_YWYWPQ[ZL@IM_]``^QU_`YNT\__VR]r{scZY^[NIPVXY]ZXdfYQ]]bhg]ZWHKVUZche_\`UJS\agie[RTZ[YVUX[^ZSP_fd][UKORTVPYecZSZ`dc`ZIAU[ZTNNSRUAT_ac`cachh_SZYOURHJRJS_\ZOLYZZb[KQTYNDEISWVMSVKHRYTKSVUZ]Z]WNI?S\WOPDIQSZ`YSIB=HKIOTSSZ\^]\]VXVS[ZXW[_XR`dcb^TJQY_^\_XUZWXUNYb^YT]e_URNGT[`[NIS[Y[^[`^bg_\bdc^T]b`VCO]^TPVYTHRYVVXO?V[PKRPPLTVQLAAOYWQWSHOZWPA7=CBA??F>FRZYMIRVZXPMSWRSFCQVZXOKQMQ_gZGRSOL>OZKDRTVWSS\]X^d^SPJOOLKSROS[_WT\YWWQKKI7FPSROJGIIBINGHUWNLLRYRKBLJ;GNTXL4?IOV][UFDDBBHLKQLHFL[ZSQQTTWXUURFMTUUXYXUVVPNSTQUYSXcZGOTRLLRVY]]UOUVTRUYYRY_WGHNQ[b^bfb^^]ZWYTQX\Q=;FLPS[ZZVN?SVSckld[WaZYXPJKS`ebacb\QNK:@LIEVXTTWVUTV\cda_^ZZ^`YWTPX\[VSQ`ea]]VIR_aWON@ITWNDcnifeZZVWb\OQVMXgbPQZadile\_aZPbga\\W_edf_VUQU^^YOV][[\RHO_c[^`agldb^]_c`\\TJPWLLYZSTUWXYZHNbcYKUVNGIOPWWPGMVWTTV[\YWPJLMC-@MUTOKKVUYa]OJRRT[_\TROVZRUb_E8CIU_^ZRJF@@?CKOONRWROMPFGZaZPTSIU[XPHONQWTLCQ[]VSZX?8HLWXQJIIMUVQISYQNYYVKADFC;KVYWVNOSNRVXQDBFLQIDD>?D@JYYOHSSNVZQQUODCGSSS]]PCUVY``][MN^ZFJMLHP[ZMQVOMUJBPSUWF;SYQNNKMZ]VR\[UNT`]ZSV_ZZa\PFFQPMKLGIPIFUVILMK]lgUPNMHHMSSXVQRZUUYXRHERXVZ[OJN[]Zw–ž”pZ_^_VVUX`heZQ][XgqmaXQV\ehnmbWUT`dab__ZSYZTPPNV^ba`]`ij_ZY]YY][Y][Xee`XZ]\VSVdc]ZimldXSWYPR^`\VT[h……kY[TPWWWZXQS\b]YW^c`^bg_[X\adcd`WTSTTTUV\ce]VY^\eidijj^UT\ceZZ_`]TUQIW]SLRZZ`\PWWW\[SYaZWWZWU\]W\ZXSUTU]c\VTXVLIOUPNQU[hiXLEMLRWVUUbllidc_VQSZ[\_[MSZW@YicYVWYZYWNQWQTNITVVQO`ZUSY_^[]_bcd_VGGV^^`dgeaXPdhfb]V]UORKT\^\[\XY`^\YR]_QWXY__\`\[ac^RQbd``^[Z\VVFQ`cfe`W^`Z`d]PZmja`]]ekcUVWU]``TKV]baYV[YU`npmaU\YNEOXZSPULWba]_VUY\^WGWOEXcga\_[VXZ`\b^Z]][XJAILYhj[S]eYBAJLS\]UJHW]aa`WV\\RPSMWUMQWWQIXWRQXWPMT]ekifagaVT[`^RLWXakk_\`c\SVRUUY[Y^]UV[RQTWK?MGPVXhliaa`\YSZ`[POSUU\_`]RBIXYXUTXSRVVMY`aajof`h^Zb^WWW]a^^]SL`keUXdhdWS\XSSXQGFRacc^UPUWNXa]WVQQdg`\\TUepl^dj`SU]cXVU]SW^_c^LMYXVUWcg_YMDIW]Y_nn`Za`][Zb^V_e]NZ\Zcec\\]W[SH[ccbHU[XVTRTSNFBMVTKHMLNVZSLSTIKJLW^[VJPWPLLPI=DKTZVSZY\^WW_^UTSCQYTFHLMNECKLHOQLRTOLPCCMPQUXNGW\XQJ?DMLOPKERSORTPJOU[_VEFJGQOOPIGRLMVVMMJEJPPOOMIDGKOJNTVRMQROTK>KKFDIQVXVOMHMVMKOC=NMC@B=NYXLGLPKX`]OJSTJU[_ec``WF?R\YUUfql[]`\POW`ba\URZ\ZWfur^Vemk^XVSMSYVUTHL[[]]SKSSTWX]\VRMRU[ZQUbbV[\Z[\WUQQU]`_SVch_SY\dfcc___WW[__VV`Xbˆš–`]\_`[TPS_eeaYY`\[`][\^[[[XSUURPV\XU]\crm]SXXZehfgig^W\_bda`_WV[]YRHI^]\[TTUODRVY^aWQTUQLSQW]ZMMWZWIBXjk`\XSWUYVT[WQOTVYZX]YV_c`XXf{€s[]`ZVRWRX]__a``ca^ZWSW_e\OWPITQYdeZY[PX_je\gh]NW\YWXVQR]ZQGQdeV]ea_fifdZU_bZW_[R]bWJVZW[VEVbfhkg\VTXZY[fe_[X^^^W_]POVROSXOLMQWW][TNRVSRT\[YZdfaOX]TRVT[ZRYYUZXSTQW\]_edVKQWZ]Y[^Z_bbZQ^f]QT\[YVTNJN\_QUZVSKXc`\XTOMMKNMQ``ZSPVVMXef`\\^YZ`fhlqiUXad_XX\]\VURUXSGMPOR[ZSMIHJJTWTXXXYVJVcb[RQ`kgTAFBVZUS\XSZYXPLPPOSVQ\ee[KNOJDAITZQDHJNSJCCCLGEONPNNPMOTPHCB=KUSLLXVS[^RJPYXNRYWQSTGMUUZWNSUMJSXVRUPDGVZZYXPIQPORSPOJOMSOP^YHK[YUNOQNHAN^h`PT`bWNYYLKPEGTXdd^Z[UQRMBLTOUZXTV[UGAHPWTNVTUZVMNOSLLQPJJLRSMHQRY\]S>CSOLNLRYYZa`UKO\XRZTYXHKIDMO^ge_]\XUZZTQSO]ca[SLV\\\cjeaaZY^^UPPVUU]b_VX\]^WRAMWUPQ^b\USQQZYXVQZad`Z\bbYMSSX\]XVWbqrjcbVPXced^TW_^]Z^ZWm…‰yd\^cdZHI[^WXT[fdXQRWabhie`\Q^`XUTVXY`lvui_XRQS[[\Wcg^Z[\ecYTWXUZ]YPNKU^Y_^]b^[ZaaTX[\^[RJKPOSZWPLRROMX\WTW\`ZWa[LQ^WPTXNSYUYZPU_XP[jqgSGIN]\VYfj`UVZQTSSXUPQ\a\TTOGTUT]b\^baihihZ_ke]^__ccYTTXRPU\eg^YZVUWP_kh_`ebYccXV]^^c_QSXYPQ[_`b_]ZYUVV_`^[ZWR_`Z_d\[beXUZQRWW[^\XXPQU\_[XWV]\TIHY[SQUYYW[`]XX[cc^ZYW]a]^[QKUYYZ[^]VOOVddgff^]^SHNXXTHWabb\V_ce_SPTVQNUVTX[ade\X\YWVOSTOV\Wdrzo]Xa`XQVUWWXQTOPYTRSPNTVJSYNAGQbf_WZWPPRW[_`\UP?@R[WOQTUZcdhh`STPQVZSHISVRNTWPNQWVWXWRXVQW]WRY^]UVUY^V>LValme]dh_SQUVZ]VWX]`]SWX[\[WU[\^\^`b\PENQONMWZfibSRQLGSamokhdbb`\LNLPOV^[JPPFP[QBHROP^[NSVPGKR\abebZT]ed]Z`hni]SFJUUXRWTXgmgcfkfXRQPSY[WTQKMNQRZYXUVRQLBPWPQSSPGNZb_TTVTPQJIVPNR]^TMKFJGIV[YRI:8DYXOIDNNB5>EOSLMKDLSX[SORQKOVORSVSHNPLKIGPUMGOLPZN>JPGGJKKSTHPSNMPNH3:GU[[[`YQ\aZUYPQKMPWWYSOTUUUI@IQMNV[UMOUNRTSQKU_[QVYW]bYO[hid\_^c_\PLR]\XRRTMQTSYaZYVRQIQnwkQN_ca[Z_b``]UBUee]`]NY[_\STJMSVdVPTdih^TX\Z_^Y]Zahg^U[ZZabZ]a_Y]_^`\`ikcUIIAS\[WVYZZYVQU\YabcaW\`a__]_`jiec`^`cYNLOMUZENVMPZ]W[e^RLX_`^VKYcd]VQYZUO\ejbS[ac_bdd`W\cace]SUXXZXRY]YOKFN\dfkhb_`]ZZ\]TDFX\ZXUQSWWSNOYZTQOLIGTZZ`[T[[QXZRSURdhcksk^MTYY[fg`daMIPOQVRLW\[[Y[]]VVYXY^daZROLKYXSSRMIX^\UVPGV`a`\X]ZMHFHRTMV\\PJQIBNY`dggbZUTSTSPQWRZ]ZRJWZVTS[ce_YYVQTYY`c]RXZX^ZHQW^^XSLB>FMNRTTSTTY_^QYfaU`f`acVDNYXQS^iljaQUUVYSU^]Z[X_bbgdTNVYTERYY\c^RT]eaSI\f[]f_Y\^[UWVX\\`\TWdf]T[YXZWX[WZbb^USV]MGHJPTRKLMFEQTNHEGPTRNOMMKSQNNQRVPBFWWKECFGKHUYWSMGLQSOC?IRYWLIGLU_]QDJOJILLDEQVNHKHMNOZ\WTSOMB9MNMW[RILT\ZMOYWLJRQILSZXKHMXVLTQV[VSULKL>AFGECELUTZa[JNVMLSYQJMONOUXWPOMPLPTUYULME=FFKZ\TOSQUPC?DNTQVROJQQOJKOQLBHTWZWRURPY]J=SY^`]XLMUN=IRVX\^OGMODLXZQUVZQHHP[[PMIOQJGJSY[`ZILSRNBGD=PYXQQSPYOS^ZX\^Z`_^ge\^bZSZ^^UNRUU\c_[VZr„„s_UJK\dg]Z[TLMU[YV^a[`YTZYSV_d`^SV`[NOWYY\bc`WVahbXXYTXagb[c`\^^UbcRQXSTWV[YMOKDR[h{‚rVRPUTMUVYY[c_QNY]RLY]T^`[Z\W_cfgf]Z_alqdOP^c_T\_`b_XUW^`_ff`[_YQTPGJBJMLPUXX]_^\XWY^[XTSZZYVOLV^acb\Z`_edUX[ZURNWVQNRVJB?MY\UNQXTH[rvi[^dc_b]STSNZYIVcb[agVOSUZQEIS[]lkdX\d_U]kh_baWYXV\[VPSVahc[Y[___VVYXVdqm[TZ]YZZVW`_ROMJWa`[]\Z^ebZ]_`a]`aX[`b__]WUQOKPM^_[]^\]^bb\SRTVS[XT[\ZU\ffaWWYYWPQIR\^cc^QKKTYWRNXaaVV\Y\b`]_^cb[WU[`\KFSURCHUQPQKIKMNPSYR;INUVRXOEQXXNLJLOS][[ZRSNYdf[W[USMT^c\]d[DOWVPQXTXff_\WSaorjebRESYWVXZYNLW\ZRRV[ZQCQSJJ^dbeXXg_MQ\^[Z]^UQQU^d[IWWVdmg^bccb^NX[PVZ\\[OIMRV[\TT`x€rUXPVX]feYX]]ZVY]^^b]OH^aWLVY]flgZSUP]fke`XYbfdcYKR]eca^^ahljbde_ZWYTJNYYWY_\[WWXLL^e]TZXRTVYXURPYa]]LX`fdVNIFXWKJJS[\WSHCJWWPLPMWYZfg_Sae^PNYa_WOOSNZmud]j]EWUSPIENY\`e`YUVTUaigb[Ybhgb`UMSLR`cZ]bdepp`FVb_\biaSHW\V[YSTWQPSX^ZWOOUTUX\^_\ZU]^bdb]__]`aXMKU[^c^MTbehgdba[U[XYXUOVUQTZ^_XXVVXUQWRV`fih]Z`XOJFTWY][VRSMS^acc_TO]db`c^U\][bc[YabUMOULNXUVX[V[fmk_\XMUOCGNRXZ^^bd^ZU`cghbVLU_WUb_U\^VOMPT[XNVYOLNLS^cca\``a\ZZX__RZ^\\V`hbWNU`dhfZYa_YK?LVQ\bU\_O>RYUUKIMSeleUPNRQOFLTPQKOUVPHJPR\\TV[_YZa]MRTQFEHNXWV]a^VTRHV^^VTRT[QOQX`UPPOCLTT_fi__^\UZipk`TTYW`[\bgg]_b^QRbqsmbTJJA=JTafaVUR]_WTTfkaR[`^UVUZ]][_]YKQV]]elodYTZYSRSMPTXZ]^``_\XRYVLJSQMJLNKDORNUUQVYY^^TISYSORUQOPSTRHMRI>UTARVTRMEJNKHIETYWK6;INONJKHSSJENVLHQSQPRWWWPQOHCNQLGLPSTXUE@PMNPITZ]^YMGR^YUZVPG3BIQWXSNQQHMQPICLOTUM@@QURRRMEDJJKLOOPDFRMBSTXWMKMQTKHCDMRSRIB?FHLOT]`\QMKLQV^Zbg^U^ZSUSQ_hdZNISMKRX[PANKKNVQHJJFIUWTMABEH9;MLGJPRUVLHJIN\b[BBPUWSNVSXYWPX]aYWXXUTOIFAO\a`WT]UPY]RN\UCZXQW[RT_YZfbNT][VUQQRJM^`SJKIXa^RT][MW[TX[_ie\VSXb]LQ\ZZcef^XZZTVSXaaa_XWZZXV[\[XWTPVZ[_d`[Oj}ze^VRTY^[VSW^bWW`dcccac`ZQQVXS_ea\\]]efc]QU[[Z``Z`a]_a^YTS]c`_]^XRX]^TUWMTYWVXVPRRQ[\SQTX[TRWTZ^]\UUWTPT\`[VHGLJMKAEOSX`^UUULKOVVYWOMUVPQ]a[\erq`UY[S[fpi\]b`c\[WSPOSVe_^YY``T_b]QY_da\`b[V[ZZ\`b]X]behaTTbe]^aedXVa_V[caPRWYTHGSRVY]^]_\ZXWU\^cegec[X`fd`aije\TPP\dihkkfaYXV[Z[[_`\[]\V[b_^]R_f`PLX^\NBOSPOPVQOTY[NKQX`][YVZfld]^_XVY[SZ_WV`ffYLOVS[b[RW^]`fcWOF=LHBXZSTYTX]][cjeb_ZVSUQLKR^daWRYUMIUXSTZRCFQKHXZV^edehcWKSfgemvl`QVff`Z_jpiRKJU\Z\WPHHOZWZ^XPOJAMWPOV_ff]_]Y[ZRYZRIHFPQTPNMJGPFQbf^Va`SQUPGHXa^SYeiha^\VSZRGUZQGDOO[b_[WZ[_^RKOZZ\einxyoZRORSOAMYakkYGL[XUTZ_ab\XWPJRRQVXKV^cb[]]_eZTUM?U_\Y\\W[cbSPU[]Y\_]b`[ZYVTPPPS[ZYUY\XRNPL=;GIMWPGKONGBDBEOVURQI?JSSUWSPVROROCHQK;NTIOSOQJFLHJJIIORPCCIDLQFCJJZa[POTVLLJGLLLV_bb`XNSPLGKLUWXUSR][[`[QS[_]UPPTQHRWUDAQRMQVWVUPUWTOLNEINHKNQUQSTUXRNKMKQOJGGGOSWTSQMCGVWPKG6HNQSV]\SPQNY_\TQRQV[`dfYXca\^`^aee`XY`WGTXTRPQSNPUWLRRNUUMDSXRIGHHIGLPJUZRPOYWNEFRZ_ZREHT\_^WQNKRW^df]X^^[MJSOFRWZ_R@OWX`e^Z^]SNSKDW[UNSdnkSSXSQ`_[\\TSUWR@DU^b_`d\\_bUIPSW^_b`\_c`_b`V^jkf]XX[_^U_b\VQY]YXYRIRRQUWYY][ZYVR\wqPIUXYXPOV`a\T]bdecioj]UQDOULUYZdfc`accXR]cb\WRJVYQKNPUTWZ^[^ZDGV\^^YYULVYRHIT]a^YSLOSRQQWVKJY__YGJLPW\XPLTMLOR[\QRZW\^WUWTSRMKRXTU]aaZLPYPOXemi_SZb]dc^[W[][W]`TPPNPbQ\^aheX`ec`YZ]XLRSKMW]^ahgZNRUNXfcY_gig`]YcfdRL_jjZ\`a^ZYb^WRSVYZZV\`bdeb\ade_QN]cmogbe_QR`^akpqnmid]\URVfgc___YZgh`X]Vahh]W\`^ZWTRRZ^ZSEG\bVNWad\^f]U`e`ZW[[[TVUVRMPVZ]^VNUX][PLSW[YYZTOJIMCEMSX_[QQU]aZ]]V]_[ODFROWXX]]WYTNKUegc`Q2JQJQRQV]ZP`kf\`Z[aafjnkZL[aUR[]ddVKJKPUSQZ[RXdf`^YXNOVXSUNSVR[Zbg\NXTUYTFEEO^fcYTPQWUYa^\[[XW\ZWVUW^`WS^ca^RMNHNLHV[ZSWYZ``[\]WZWULGRWXb^V`mn`P`]SILNUUOaf\NIT]Z[_XLTY]fh]\[PC=L\a`_WRQ]^YRNYRUbbVPSPMV_]YV_a[UVZSMQY`b_]PPWXNMMLLIOTUQG?@GMORVUIGFPQIHNLQOB6HVULQSOJKRZXLHIRMDKDIIEJJMOOPKQRMSYWLM]^QRYVRV_]_cb[[[bb\QNJRRM\_V\]WZ__TJVXUUNMWWQWNNWX[XQOKMPNSKLQJJOOV]ZR>MYZWVJKKNQJKNPVYNTYVW\b`bc\cd[KKPVW^bcaUABMZffYSTUX^fc^^a`WMPZ\RMQFJ`c^Z]^YR^ZNR^bb^^ZU[Z[VW`]UZYX]ecb^YXWNVdcLQ`d[SNVdea[WY\XMLNQWNOY_efaZVZTKJ^d]NCPSRTOP\`^WN]d\Ycjlj_TWWUYQJ[df`VXbgjgdde^SXV\VUVQFLTSWVQZfb[Y]`_[X_[L>BW`YG]^OQVVPT`\T]bQDPWb_OP\\YcfXORLDMZb\TPSVWOBGRTTPPJR\VUipfUNQSJFGK_g`YVW\a^VLT][XWWQTQTa__U]`\bf[LPS]cZWZWPZVN[`]\_]YWXZT\ec^Z_dabec^VQWY_fhfed`^fnrqfVQOQIR^``dgfb[XX\ZZW_cfe]XYY]ejojlrpkjqqg__aafeb\TZ]\_]_^[^hcWOSWXZVSTYOR_a]THRb`djjmeWbdZOW[YMNZ^[VW^XPRTUW\PDRada``ZQTRJFMUSRWWWQPOPSQR`ffe\U[\ZWXWZZPZ_JPYSHH@IVX\aaYQ[`_ZSXYTQX\c^[dc_gkj_``YFEJLSTROU]US]XPPQR_d`_]`cYZbbbaQRVOTTSFRb^PaRJNLKQX_ihcYSRV\_`_[ZPKLRYSJQNLXYSNZYN[WSX\VILX`]XXYY[ZU\`^WPV]WR[WNUY_[USJKPMMGJTTYchb[OY_Z^`ZPV][^^][RHNRWaee[RW]YU[W^dZW^U?HZWORXSIHXYVRJQTPW\^`ZZ\``UPPVSRSMEJOKHOTUVUXWFBQ\bc[_d`^be]Z[YGI[dcWLV\XIENZ_TJNPZ]ZQQXYYWIKWadeb]VZ^WSJN`h[WUN^]XZ\WVUZc`UU\VLINTUNVZ\^ZTV[[VVUU\_^]_acbfkfXZ`_SBOXXMNN?HWXSY]^eg\S^a\UT\_Y\ffbYV\]\\ZTP]acb`b^XY`Y]ec\QQY_b_Zcdc[OIRVOUc]^gjbS[b^XVbehe[MNSQRPPSU^ZXa`VJM\ca[XXXQW^VEARTUUH@SMVcb_]TUXXOPZXRUZX\[UVYUX`aaa^W`liXWTSZ`]OV`\VQOQUTMKTTRTUPUWYZZ`fjeZZ^MLTVMQOEPOEEIJQUWUH:DKVUL?ECEGHPTTGGEFNPZ\TUNEIKHMTUNMTXKIUYVRVUUWXLDPQRNTXTSOFFMIHZ`\RIIOQJFJODCMMB>9>INW]XUNCOXTQPGKTXTNVXUVQQHBHLRQTQERYTVVZ_ZIGHNIMVPE=AMUS=ENUTGMUSSTFIPIDDHKKOVSPNQYZYROUVUWRUY]bkha\XVSOPXRKY_[ORVUTS]^_\TOS[OTXLQSUddWDKUVVVXZPDJUSGH[YPVRHTWQMKNJOLQVbd[INGFMYY\YPUVQ[[X\lncRTV[bb`^ZNK\`ded`_TQ\^YdaWUTQXSPY][YL6PTRSZ\[WXQLNMEWWTVRLTXXZXXZTJUY_dZTSET[XZZUSSZ``VN[^ejcW[c]NTTTUSW^^ZOKNTWWX]\URXYQOSNRWSGBP[^bhmg]U]`]W[]\PVY\_fe^VW^YTY^`]kjd^ZRUEOZeb\V]baad``fc`a]ZXYXVUWXWUY[WUORXTKFC?LYZTRQFKPOMQV[Z][VVVNSWKSWYWLKILEFFV\\[[ZTPRUPJOWSU\ZZffYU[[d`[RQPJRVVXdcTSYYWQTZ]bba^YX\][LTbglldaSWjk\QUUUZ]\cd^W]XU_\\XIIXdh`NY^_\][XSXbc^WTV`d]Z[SLTW__]bge_Y_b^VZXX_fnqnljjlleZYWKOWZYRXXdg[KJNQOU[SLMY\_\YQKLXXQNOW]_idaY]^[NNWUY^_]WMNRQSRY`_YVVP[]ZWZZSNWabXKPV]^TFNUVTY[Y[YOSYYUW^edXWa_RJUYTKWW]a\OH?FLX^ZSS\a`^fnki`[[VOAGSQMJHC?OTSSRZefedbd_YUWVTYZb`\]_`[Z]_T@QafiZ[b_X^[ZZROUWTY_`XYVV[\YZ]YZYRag^bjklf[MW`_[XWSJRXUZcb[JGUQOKFK_bVKW]PY_^VTOR]`XQUHMdhc_WCK[]WYaYB;PY[ZaZW]_VNVZ_lriZ[^[][YX[c\PPORVTSVZRNW\WNBQYTSZadaZMMSPULOREIYYSOK>GMPJHJQY]UNPNRSGL\aXMLY^VP]]RLJKLPSSLNXWNBIKNWWPGIQRIKTWWSQVQI@JSVUPTYXUIJJR[XIKPWXS[\PJIELPIJMOU]]QHJKONNJRXLQY[HEV[TOY\VPT]`[PUWMHQUNGOROELNWL6@Q__PRWKNVJFLPWUMEMKJPQOSYWKBJLPRPaicX^h`JKRNJGLORUYYMO[[UTS_\UROQTUQMH>EW\WVYYTRX\WNVYQWSKJM\[X[QMPPOOOKH@COS^ihZXN6GW]c^M?NS^XNR\]Y[`_\]WWSTWXSP_fd`ccfigeiaTZdXQPQY^[\UPQNSVZ]WOW\XSX[_\QLCHGP]b]WXXPUZ\^XV[V\gb^^^YUZ[Z[[b``gh^QHL\gf]W][RONUWPUPKQX_ZONUNSWNNWZRQTUR[dd`d^\UOSUX[TYTPXf]KPICIMWdaZWW]]YOXZ\bb_^XT`fc_a`_YU_gdaUNSYXRPOVZY[XUZWQVSGJZ^OAGIPVQX_Z]YMNKBNSSPH:?PTE;@KA:JQT^`\OJKPUMPZ`XICQ^eeZV\[[TPLTWQJLQY\YTTUNKXY\`da\YQN^fgh`SMT_ddbaaYEHQU]ZSLY_]XX_Y^b_`e`]dgf[Z`\U[VNMU_cb_O\owsfb[XRIPZ[`__fb^bd[\`]VYdioqeZcec_XTWSSYTZff`jlbSTWSRRPNSXXWXa`_aea[STYanrfZ`b`a_abUFOYWKOY[XPQV\`]WQScf^SYWTPLV[VJRX\VULRSQ[_Z[[\aebcULOTRZfg_SLQUVUZXUXZ_XMFMOWUNJRQIDWfhie[ULJXYTSNOKHIQVSLEO[XVVWZZT][TPRY]WFTcg_[^[TIH[_f]SOQQTSQJGJQWTTMEGQQUXWU[SWXNWeeekpg]ac]TOOOU[[M=MUVY__YNVUKJNJVVUFPZ`_ZU[]XUSW[[QFO^gcYGKQZ_VWa`ZMRVYZ_bc_\ZRJQYp|q[_c]_]Z_][]]]ZYSLKZbc[X[YXXNMSUVY^_]VQTPIKMID@LVWVRQUXMIOQG@FMKNOLKD@TVPIOUURSYYYM=IGGMONPTTRWSOLMIGMPMLNONSUZ[YS?DNS[_\ZWXXUPMSXWUNLLORVRIKIJLLFHQQTQSZQMQQSYUOPRYYWMMZ\UHLQWWUSUXVQNF?KPMMJJSSWPOOFEHPTHHMLSSNOMQWULGPSVTEEPKOPKLSURL[``^]\PBLYXYTLMNHQXPAKLKUWZXZZXIMY[YWPHNML\dc]WWYTKLPPX\Z[__UX\SQUOR[YLORLHN]jiVWXVNFNQ[]]\_`ZWae\]b_Y`jbOQYVXVYYUVP`hjlha^YOO^bd_^a_ce\JFLVWUZXS]c\X_a]`b_YXX[c`[WYX[[[[PO[^\[_WXb_\b_TZab[MEEV_`USahhc[WSTW[``WUUV[_^XGFMY\XMNIRVLQZZZ^[X_c\NB?LUTNUZNJ^d`bZNPO]fc_aVPVMHQWZYVVWNEQ[]WPULMX\X_e^PNYSH[bcaVRSMHKPTVPIW[WONQTWTRVUPL@KGINRSKKNVX[UMKOYRPWTR[]XPJRZXTTXWWTRZepiXURWWTNDEMFPUQ`aaVQWRQX[fnojd_YdfijeUKNV`ild[Y\^cilplb_\\\\ab\Z`^___cjl^JZ_beaZU\`ab_W\fnmaZXUKVXX]hh^XYYQYa]abW[nllrkTXlocS[WHBO_ijdckqn[UZTUWUZZZ^UWW[dkkfcffjnnj_Z\\[\bhlf]ZTTOP[[XY]ZUSNMMW`[VZYVQJRUMACKPVWZSKOSWX\fffcZ[c_XTOHUccZTOLVSR^^XXQTX]ZSTTX[TQLRTL[kj^PUXQXYOV\ZUYYYXQMNF@=KV\WTTTQUWVYVML_hdVPFGQOTdjcSHT^VS`dha]ZXXUUVQMSSZ]]]\NTVVemneV]_WXc`\\XRTZ]Z]cdb\Za`ZZ`[SSYWUWLN`ieXQZ\^aVKT\XW]\\`SNN_a\QQTTVY][]^_^_[WRPMNQfwwia_WTRV\__]\VNRXXVSTa_PHS]b`[]\XUVZWFLNLIGKNMICQXVPSXZUYVPHBCD8AGMPKJQM?GNLRQCCE@;AFC?JLHAMVYWOGEGOOF=GY]WQIPURUQRSNIJTVNMSYXNI@BUWQNONJHFJMWWMKMCNPFIQJPXZYTNEJPSRMLV[WSPKQTUQLDDLLSUVVZ\[PB@QVHAKKMOJQMIMQWVNOKHRVQIDR[^T>ITUXXUV[^VMGHLRXRFCQTSRKKQVZ]VMGD>MY]]`ZRROPNUY\\WBKU[`[RHE@.FTWOUad]LFRWVSVSNNQSUPPNJ\a]ZUQOS\\`dabgha_YPX_akjVU^ZT[^NQ[\[Z^_\_\XZ^[WJS[\^_ei_YWELVZYXTHGLVXW[WTTTa_[YZURbdYT`[IZmoj_PNV`jhe`VLQKU^[]_[]ZTNOSUY\ZPTccTYcb[UPMIHQRTSSSSY[VXZTIRZVMU_]USWWSZYSTV]]V^_[UUMPVSSVa_SVWOOUWVQQSQPU[WPTMF_vxh[\XTSYT[ZPVZ]^gh`QNVXWX_uyd^b`UX\ZWTIPY\\VKW`cddjnoe[[aVLVUNPKJNNQ[hl^Zdhhfiha\^^_edeaVWSUZUU``YT\aYWZ\[Z\``eghlmipk`YfstjlocNMkulPOcii]RQWWVYbb_USYR?NZdikickogU?DPUSZ\blneYQOTLLUY`_WWZOIOSUVPR\b`a[SJTXTLV\WNRTIWYTfmi[U[ZMTXKFV`^VMPSRQWabee[QW[\]\SZ^Y\OKYYZebVMOX\TNW`XWXY\]PFY`UGQVSWURV[Z[\PTVVZ[YSNRPGGLU_]S_[\K[V`ddbcecb^]VVZXUY]_^\W[`djlkhcUKQRQJQUQSNQ[\chea]bf`USYYUS_`[[\Yei``^_TZgrk\VV[]TS]WFEVab_`[[WX^acc][ZUTTSV\`__dbYUVXUZ[ZWWQW]_WUXQNW[SHTVTSVcf[MUVZJ@GNQKGOQMER__PKRSMMUWKSYRFGOSWUQTWVSEENQTXO;9EJEBKONKHUSNOYQDFMVUJ>8DLOMJLPRUSLMTYTUUOQX[VLNQRTSNSOW[WWSGNXZQLE?;GOLNPLJINW]aRMTTJTYWRA@MLVVF8@CCKRONXUQSPRNJOYUIRc`XSNPPEMTTRLMF;=:CFDAEHUWYbZE>HI>O\ZSMDBNPCS\SSYTVTNIWTQUY\ZTTTXUOOT\[UW]^SB?PVYY]ZSONUPQWMHLMNV[RVXUT_VBFINQPVOJUWPOXMPX^]``YJN\^Y\ZY[ZUTUX[bddZSOOZ]Vble[YX][^QR^]TMJZ^^YQU\VW[`feec\^__aXUST[Z_XMQVYab^\aej`\\^WUY\[V`j_LTZ]YRZb_`_a\QXWRUY`hjbYRLCHKZ\]c^PT^XVabb`USQHHSZ`YGOUX`_SWYZ[ZRX^YKT_b_b\^^beaV]a^XTIHOKHLOKPX[LKUPOPRTSZ`_YQMMOdrsia`WFQXR[^ZXRVWhjh`W]]ciknhcboof]hfWVURLW_`WPTNQ__YUcjgcffehcZ[\NPZ__bZQ[cb``dfgfa]YTUbg^VZ^^`]YWUXRPWahdb^\afmv|vhW]bb\]s~~wqjc`infQV^ZX_ebZUWdecc[MWYYW[anwp^\bZPMQQMU`_ansk]WTOMLTSQSceaUOXYXad^Xelnh`Y[]XOZb][USKME[loqrqpjQVfcSSZXLVVTXWSMJPWX[\QNPTIIMIHMQX[`hjaTYXLMTVTLKVQO^^XS\\OS[VX[[T[TVYKJKPVVUYWPNOTXVSC>a\^WVab^cbejpjiqiZbe`aorkeZ^]XY\ZZ\XMG?ELTTL8NY\^\Y\`feegbXZZRRQOR\\V]h`ecVP_dnsi`^WQQUWZZa_\Z[`a_^a^]SIT^__bbSASXQMP]aTKQSRXZXYU\dd`TJLV[XNROTP7EUTRNWTYOJ9?LJ>1KOLHS^]ONSQPW^a]ZXULCFOX]WSWUPMINX\]XEHKU_]OQXYPAOY]XRHPWODHKHLKU^[TZRKQMHWYM@BISUQT[WSUO?GMHBDJPPNH@?FLBAMJKEPXSDEMMJHIRPSVVRMJGLPKOMMY\VYZQQOKMVYZTMIRZR;18@LPIMSQMDU[XTJCMTSFNRKGOYfcWLPSMMLLIAFOPMDKOQWWUNEHLXWLQODJKRVUTWTNNQ[YVVSKBIS[\WUVTLFGUYWVMEJSRPPUQJS_^WWZRJGDHSQMRSVPDHQWUSWRZYQNPQIMY]YKDWZPGKXSP\]VMMJLSRTRORQPRPMRPSJGWWH>9<>=GKOSHFT[\VIBOXYZXSVYVROW]gfVKORQKEETZWIPZYROOKALQNKQQGTWOKZWPMQLBOTU^ec[OIQWYSJILUYUVIK[ZSR^c`\QKMQMRS]ghcXS]bihchh`[[SIT`b``\]aXHSY\X]b]V\[ZWLQXYUINRONNOY\[`b[RMUZSOVVXUSWVWTSQNW][QMNVY\Z]WOQY_^^`YMPUXUV`ok]VVUallfY[\WW[bbYY^b^S[`]]b`YX`_cc[UPQTX_WRX^^bca\T^ZTY]^[SOZ]]X[]THPVYUTX\Z\[VWUTUPT]d_ZRVRTPKNVa^OOSQPYROPX`^ULKOZ]VRMRRNDNT\dc]\][[\SPWZURXWTFQ\Z]XSOPJPNBV]VQVPQi}~oghaeaZ_bSCLU`gmo`TS]ecdkooqneabaeebVcprl^USTdkdUZfnk_`_flhVJRWY\a_``ebYNQ[`b^XTXWYY[\\RJUV\^Z]]_ff^_`gke^]cnvurpmbhh_\b`ce^eokgg_VRZ_e_PD>XnvpfWHSVRWYZZXXW__eijjf^Xamog]__S`d^ZWPUb]RN[]XWV\`_ZO>I\hd[WWUVbd\ZWPQ][Xfhf``eaclmnneXQ[bdc`WZVejbIOX\][KCRUWZUUVTS[d^SPVehaQHYWQSZ`]XV_^]VD>GT^debWS_fYLYUJGPUWS]_^bZOMKRbc]S[djkmtvvkaSS^Y\hi_bec]XOGAKYac\TT_gbRGPYWRQRWZSX_[NKSIDKO[^XN@ESWV`ij`^]WJFWjked^XWZ\VNWWPdj__faVZbhh^TVZTSPQEDY^[Ydfb]c\UZUUVVdfXEUQJNPPSKQZMHPSLMU>JWYSKHS\\OP[`]YVKTYQGIKLOSUVOUYQPPOKQUPMTP6FOLMMHPSUTFT_\SSTY^^VBBLV[XRSVPBQPKNFALMPRMOSOTYZRGLUUQZYROOSXVQNT[^YRQT\]P>EIIU\YUML^b[MKSVLU\\TLB3=GVYNNNNKGMNNPLL@BQSIPSRNQROCICEEGRUMC=JOEAVb\LCPX[VQIKQXVNKXZTSTUV]]ZTPIURQRKELVUPLGLRPPU^bc^XHBIDAHJLJHHGLPS[_b_TITWZVTRKPQMUOCNUR[][SR[`WLNXW[`\QR^d_XYXZ^]WTO>;AZec[VZXHQZXQ\[LCMWVRKBR\\UT\b_TMW^ZZcdb\W\\WUSSWRUU[PKUWWXXTVZYV\`YMMU[`_\ZSR\\\WLVdid^WSXac[VYTU`feabhdcbdbbZT_eec`fjhZMW]bUSVU[\VZ]XU`aWPT^b_VNWYWRRX[VJM[^SY`ba]TSWQQTVUW[\WXUT\[[ac_UVTIHTRTVSVSSKPSTOU^XHGNV]\P\^\VUNKY_XSQPVecVNWVNIRUWWNP[[TOPPQSR_nrkdeejj_YMMGW]Wdlk`VV^gijlfkvrg[_eb^c^krsi[ad\_ejkfaeifdadeYSX^a_Yaaciihdadfggc]\UTZdg^PSOLUcbb_]dkjgfltwuw|{xwuvsihoi\Zb`dga[ZTKQYXQR[_^_]XU`ijbRNY^]_[VXbiijfb_^[ZXT\_dccjfc`abVJQ^f\NNXaa^XSW[VQTV^d[QNEIVZSKQPVY^ceaY]\TU]TV\][ZZ\Z_d`__]]ahcRX`[Z^WRWSNUYZTRSYbdZV[TPSSUWROOFY_a_`[[TTXSQc^WWVYZ\ZWVROEFOVT[_^[XSTP^iljoqstog_joja\]_`cgeX]caXYXVYdge[PVY]_WQFISQJZ^XZ\X\aWYb_TQ[`UOTGHZbdsrk]SPPJGVek]QV^`bedc]VQSYR^hg]_bdbXTUXQNFLRER^db`^_``SQZZRHKWUCHWVMX]PR[YUOBFUSY^TVZ[YQDKVYQPSXPIGIW[SMSVPSVWRLRUUM=7KPSROUWQKGHK@BKIBIMRTIAUSOTXQ;NQSTRMTUOEDNMKQPBAQP=7LQTWPKMQQTMPPQOQPMPQKP[^VTTTWQ;LXTU\\R?2BOUSQPJMLAMXVPCBBJVTJPVQORZYTIQSOGN\]ZWROMRZYSQRNMPQM?CGLNKQ]WLISSUTRLMD?BT^[QUX[XUVTLFKPSOV_^T[b]XUSQY]TNW_]UXVNPNOOLNQWTKPXUUQW\ZVRHJRRSUVWZccVS[V[\YQP_\UQUZXNU[T\d`ZUPZc^TXQPTOU_a`XT[\ZUWZPQNS\ZY[NAKUWPKY^`de^VU___b`NAKSVRRUXZXS[ZRMR[^_UO[\Y]]XW\]ZZXV`c^^dg`^`^XTZdovrib`d_`he[KMX[VU][VX[[V]_YHP\^Y^bb^XUY]\YUW[djhTHW`[ZZUNW\SIMOXML\[^]`b]VRQY\\WHOUWTW`^QXZWejbYSUNKOPT]\QMNPMHNMOUX[VW]YUW]^[Z_UNTMBINHW\ZSJVZX^cd_[X]^\YVPGKSST]d`fknni]VSW\WQXid]dgebhg][WVnvsmigabmhZejieimkd_`aURW]^^bed^^`^^W\ikc_aggcagecWTXVQRO^ebb_XW`gd`Y_ljjnquv}~{tnknmmjflja`deifdfh]LPYaXUUQYbXX^]a\a^\]]`kkZQZe\Zbd[VVRYZ[^`isofcdb[JESX\RMSMLS_dZOINZbYYXRLV\VSVMHLSbnoeaYYcgc[\[\]Zbg^\`fnmhgaRPW^b_]ZZWU^c[LERWX_`][X\elcQKRJTQMXTOSOPXWW]_\TTae`]]^_]J@LORMKMMLP[ZNNTRLQXeqwulcVHW`[WSFRRYZV_hbVPU^[QX^bd]NOTXYOORPSX[_aYX^b]POXcfcXT\_PHUT[ah}v[HJNGMY\X\UQ]c`WPTZUX\YPYYUUUWUOT]XVTHAQ[VXU[b]XTPXXVVQQLNONKJFRV\^QX]VOMQKZ`_[LQSUURQJR\XROUSJ=FT[WQNTYSNWWUUSSRJ?LRPVZ`\M@JQJ@MQG=NTYVOKTVRPMCDMFAKONPQNTYYOKW]Q?FB;MQOOWTNW\MMRQRPNWULPTPCITLFJHKKIQRIHXZLCILONJLKLPLBHRYVOOKOTNDMOJIOTSTNNSSXW^[SMMQPTUUMQXWVURSNNNMKHAEKNLNW`a[XXTW]]][TRNX`_PJSUQOPJJTSQQQVZXPOVZXOKOMJMSOPPRSSRTVORXWTWOOQIBFJKUSNTUW^aYLS^UGP\aY^[X[\XSMNRPV[VS][X\SNX[Y[ZbeVYcbd`WOQWXSQU[\WQPRPQWZVVTZ]^ZUMS[[]``[VZZRMSYXRUVW[_Z[`\\[YLHYdc\QWcc\T\fb`glg\Y_b`WUkxs`Ta_bhmh\MLQWYRP[^ZXWL?Wc]MQUY]_]YVVZYMMQNX_^YRUbaZXVTVbd[RRSWUQ__^\WRP[YQW\_[IHUVPW_ZTZ__gmfZOFFPSIFMRNKRPLKQVZURGEPUQHLXVRXYWSWWSPKQWP>CNSOBMY[[VSV][WND;@@EJLLD6EJJKRUWO@BMHFKOPU]XLCHINQQMEOXVSYPHNMBP[[QPWMHQYVN\]ROMPRPKIKPMCV^\\YRU\ZMNPPHHNSVYVTTURSW^]^[WROS[_TETTKDKWZXYTUPLNMQUY[XNJOQUQLHKIPXXQO\[QOLJWWSSPFHTUURNOSWVVUWTXQL^b`W]YU\^\URNP\fk\XZWQNQELVZSS]aYWcca^WS\]VUWYZ_[SRVVXZYSTH8ELV_ZISUNV[XT^aZUYX\UUZ`^caRNPZdbVMOR^d`WZ``TP]_b`daZUX_d_YceUOSNYceaa_NJYdaZV\_SJZ^ZW_e^\^^][WRXZTGMWTR\iibWXecZYYTU_aZVWURMKUVUQVWXWKMPQ\[RKOSXahbX_`YRQW[WJIQRXXQPRNMJPY__XI?>LT^[VWRBCSU[^_YSPKUVY[[XUGFUTNNVONTKTZWVPGGLN]gginy}rZKKRZ\ZglngenrpfYSSOSZccTPcjjgjgfec_c`\ab^_\`dbWW]`emhZWY^ejk`W^]VU_g`U[ceddee^abRR[^bec^aelihgehf``a`eiadfgfe[WX\[QP`rxwqlmnjed\OV][RY\\bfg]Y[hoomrqqsjhordMPVadgjnmjkkbXSY\XOGCLPW``UEPPW]XNQONS\WWSTZWWRPacX[`gjgZQPLMVbfabhcbaekkjhaZY_`[V^cYINWQQUPJBNU\ejgaXTZ_[QPSUT[]XS[`\Y\^WRSUUYYWX]]VRYVRUUTY[ZQGOPFae`]\_\YQHMUT\hcT]b^b[LPVYYUSZVBTcgf]SZ^XVWRUWWPPQR[\XPU^b[W]]SAOSS[a_ahgcg_NIQTMHWdjpoi`WRQ^UV\UQONSUege]a_\PNZgfcdbdf_CCWWNW^XWTNGRVKHQZWLNMPT[ZXZN5Z`XSU^`ZTSSSX[Z^e`OLPOOUVSKHA=NLFW]TRVSTSK@?HMQSRLONPPQNMHOQVSKPWM:HOORYYRMVVJIOKSWOGNOSNONFMYRHLQFBJQVLAIPKHLRRMQTWRW[\WTSZ[N>LM??LWUJEBJTZUSUNDEJFFDFNOSOMFJICCKHALRX^RIKJKNEDC=GOQOUOGSZVTUZY[[YTSIDEUZ^aa]SH>JKGEQXIKZZHFXYOJVZOLLPTVOK[TNSY]\MKY\NU\Zaf`XVSQTVURQKLKQUOJR[YTSY`db]murhYTQ_a_[TPWZ[__b^WUSWab[SUVQHFKZb\`^UG>RQIV`VP_b_`\UZZSZWLJMMOMLPVVY^ZNPTWWVXWTPIQTSOU\]TPUYULFMRPLJMFC@EFNNPE@KGCMPLBDGLTTW\WQ\[OLTTRVYYUTYSJFN[_XNMQIDOQMLNNPLLTVF7IQUVW[\TCBZ[XPCDJIADILOIOVWW[\THMUOUVJPUQK>:BHCJURNMIM]SFTRGOPH@GQ[][WOJKRLEGUYX\^\]ZVPNTT_aVOJCIOMIQSLHISRHHHFKPW\]XURMEDONOSWZTGCPWSZ_[SJJLLRUSK:EPDDNRRPKLHDMILNWYOFP_ca^POLPWYYVXVcd_SNSMW^YPSVSRT[[WMT]VFLVQ[_\URJBUchb[_df^Y[WXRMWWTRKEKUZSV]``a_TKV_\]fbWUUQP]aY\loga^UIKUOIDDRVMJX\\URXdcTTag]PQSVJJ[`Z[\[QXX]`WL`oj]TUTRLQUSSTJKY_ZQOKLV]ZXY[_]RLN\\U\`]WRRNT\^VJUVPSYURUSUTOVaWJ^`_c^RJJDHMQUVNGOQYUSWRWYPNWTPXYYYU\a]OQ`_WNZbb``a_ZMPNNSSRHJOLQVPNOPISXSMNVYVV_cebgbbdeTMWX_XMN^ZUVLIIIVYN=OX^_]VR\kofYQYfcZYVTWUQTYcd_WY^VW][STYUa`Z]bcimgY`^POYffd^][N_omfmpmoqqqqnnefkfhfWZhdXY\^eoqju|mbZRTSZSOTUZ^YTYTWeebenmcXcfe]MXfkruqjkp{xeTSWVTICKY\\ZMORLJ\d[MHNM>J\b_VY\VJHRdiSJZedghc_a\TRTTVXURNYSFWceoyyrgXVWSTZ[ff`OJOHMjvqf^SKJLPVSRSLPRSSZ\NDVXPTSLXbef``XOQSROFHQVSIPUPTP``\Y\VISXRS[XQTV[bhbRYceVPSPPPVVLJVcd^STZVTdmli_^\Z[VBQ`dg`XX`b]VR[^[R\a]ZVOSUVRZ_]WIEQ]]ZSRWY^jolliaWZ[_bbaZX`]HR`_YSGFW[YYWVOMJKXafaWP^ffb\\[VfhaWTWZXWSVKNMHIDGQYWOONLOKGJROMSWPOSOPSVOIJT[XRQQWVPFIMIGCDJOSTKLJHMRMMOKS[UTTPOUXQMHAHSY[SQXRHR[``YGIVVTRMIEHPPLOOSNIJLHIV[UOA9MVVP;:PTSZXQOOWZXRT`^XWWPOPPNOSWZSONS^`]TEMGHRW]WLUWRIPUROUWQLJI>=PZXPRZPQWWQJOSRJHGIHLIRRUOPRCHSLJG?LNLNRHLRVVSKBORIR\SQW\XMHH@?CI>?SSLNTQH8JSXYVSSRKFOQOUMNFTY\SHOU`\[\X]X\c`WSRRURTPBCDX^VKHU^ZXYYXRIV^S@@GLIF?L\\]^__\[bebag`\bg\R\XT[ig^OPVVMFKMKYY\__^[[afgb[Y]^WI=T^UTbdZ[]]bhfdglaRdkkh^YUJL[UILFIW_Z\\W\[TZ_ZNJB?DRQONSZ]^ZXQOLLKFRWYcg_X^`[YY[a_VadeheSRWVSXOKRYZYRU\ZZIDILTRO[[UURTWWZXSOQR\\ZXV^b`YRXWPSUZWKHMPZWTTL9HSSNMGFBGMXYQDLWVRF5P[XY\RHMKHJNNNRI7OZVHQYYRGNWSOMW^XQFHOSTOTO?/EPQMMV[TIKNGFJLPW\WMFNL>PPPJUefYKROMNHINTUJJIHIFJPJMUVNFOSSXYPIIJSPSZWTUWVPKJC?DMRMGJV[YSNIMNFT]\_]PBJQPQBJLONN\\\X^]\^YY\hgb\VMQYV[YMNFOfaNKUVHB\_``]YWPJOXW_a`_WORUUVVY^TJQTTV\^XVUY`dd]VZ\SYgeTSTW_kke]]fiicZVZ]_WPQQLSTQORLCFRRQV]b_RJXUSVU\eda^[Zcie_]db`dfggc^YVccVGRMRWW^^bbc[V\a_TKMEDKTWVTU\]WPSXNLXSOQUXa^ZZUSUS\``b`]]VYSJORTLIQY__`XSdicVQOSUYWUSVY]XZTSXWHGV[YYYYZWNRYZSPFDORLPUX[[VPNLNLORPHIRW\eprsmZfccUPNR[d`RROBLWW[[KMXWMLPHOW]ki^_gbX[a\PUWU]ggaX^\_[]ejkinkg^\d`VUY_beefdgeaW`je_filntƒ|usm`aki`^cZZ[_`^`c]W]_c]TQQRV`hhhidYVU]ZTYVPW_cfmmfeb]Y^aeebiywpy‚ƒqVZ__XNN[`dc\QSUSJWUKQSRSOKJQZZ[\SLTXYbdYRXde_VR^gd]_ba`\RWRNUXTYcedfh]Y^XWVUUSOOJPROafZOY^RPTNEOVQBOVWTLVb_RYb[\cc_ZZUU]aYRPRQZVJ@PX[XQWYdfge]ZUXW[___`\da`ec[VXXO^jiWES[[bd`\[WTX^\WRUZ^b_VMKaebbYMSYaffb_hkecdVT`heaabc`WV[Zcg`VTY_XLRZX[]Ybc]YQGUa^]\dt{o`YQSZ^a]YMJTUY]cUUjnchiYXaUGT[\XZ]^UUKSURSPJUWVPMJHAANILPMKSYULJMLLSSH8KOK]dZKNZXNJJKQVEIXZPD3HKNPNXY`_TKBI\nrfUMTVSWIU^Z\Y]`_]^[UIF\dea\WMLUWX\`[V\ZP\ff^PK[YMIQXV\b^\ZZXYWZ[\\SKZ^SOY^\ZaXXY_][[_ZUXVQOKQRXVTMY\ZbfYNHUVY__a_XS`dda\UaaTSWVSUYWY^_TTSQVb\ML\^`ehmqlabYR[]VMQQVZ``\[UPRX]VIGDKWWY_a]\VY_`XPK[\T]d_TFNXT?LPLGILRTUSQQ\[[^WY\_XMPTUVRRY\bbZLJMMOYZPLJSWPBMV\[YKFO[__]UQRPSFCHKIIQX`feeXYTV]aYXW\`YQ\ZQSUVYZSEEKKNQQNW[ccaYZ[YZVQ[_WJZ`_YZ`ZY]b]cgdb_UWjllhhdhib`aceceqxxtnicmz€}wrs|zmhee_[`_`ab`_ZRPSRBScg_L:KWbjjhd[W__UFUVNUbf_hofX[[[eflpg_mrusnyŒxa\[^^WV[^[WbcXIDT]YWPPWSPOOHLZ^^\ROSZacc_Z]`bbTPX__[`a[T\_a___]TQT\b]Z^`]^[WJFOXTJMOTfdOITWWUU\[W]XMMQVV?BV\YRYXR\bWTUV_fg^LTd_]\UJYlpaLRYX_YV\_a`[dbWYehjeQS^YISRKUMMMLZ^RY_c\RURRWVSOZa^]]YTNUabccYSRURE>Wgb]egTSbiddlpok]JMW[YWZUY]\ZVMFW`bfllnkdVN]bbfpmdZORWY^b\]]UUYVGMTVZbc\^][`]UY]^_\\RJTTTPLROEQVURI;GNOSRFAEEOSRKLMMNJLUXTNFKSSKB@<=CKVXRJQWQ@IQWXTJAMRPMJHJMF==9IVY]\WVUNW[YR\_YSUSWSUSSWUMBJLKEHQQFUNFY]OJX\YUZM:MSNOGLMPOQJKTXXROFQS=DVOABPYXNGBFNSXWUTZ[TQTLND=JXXZTLMcli\MVenjWKTWSSUVUOSVSQPPRQVRQX[\]\]^YQWZW[_YS[SQ\[\]Z[WVT\da\X`b\XPY\W\\ZZULKNOTXXTUU[`[RSadb^VNJS`]RLTVbieV]\U^^PUWRUX]YXRQLQWZTS]`[[[[RVYVTRFJPX_ZHJUMK\_X^]`^^WPUVSYbb`^[UPOST^\ZXRRPP^]YSORRIW[OKZ\IQYOIPRNU_ZVUQXVU^]VVYRKLVZSRUWYXQSYTPVUOUWP?HORJMOOSL;@FOQOSZ\TSJJOUZUROJAKYXUTVYROQRQLUJKVYHIPQUZVMU[VUQSQSOSXWVUOS\`bfmneihbbd^TNPY^Y[eihkifhe_SZYOMWfpleecdgd]ckhe`RW`mtyxqc`glqk][fgXVdibb_bdcekj]SMNU]ilc_ZTQWqrbcb^[WO>P^gc`ab_cceqrigkdW\Ud•š’‚mdb]UP[\RTW\]^^]]_ba\SRSXZXYPQUQKROW[\ZYTSVWNBOXUQPY\VPNV`ebWSWXWLNOV_\YTIIOY[`aZ[agf`TPWZWSVWSSX\VOLSUFBNY`\TV_gf]SWa\OW]SIQ^[VYTTXVVUTg`VQ?HTVUZ[[SWd_PVb`^^abRL[[K[`\YVPGHNTSSX[\Y^bcg^T[bkm`PKPU][TGFLUTTY\UNNMJRVJWckrshNIUXLFVaaXDM^XL\_ZWTV^glqkdlgVSZ_[TW[a`]a^]d_Y_d_V[caXN@ELTTUWXVXWM>HJNOKFKGKVZXYXNMPSQTSOOPKFHJKMUUKHOXSUTRWTMKPMITURUUPRRNR]ZMDMQIAMUPHET]\TGANLAEQOHRXWVWKJPMLLLPYWRYZUYXRFKOWXRNNONDJSOGORIDHRROQPNQMIJDELLOPGLRSRSNBD>A@EMHLSUSOJHLPKBGOPQOQTLCDKSQDFNNMRWUKHJPTWSF:LUYTQUTQQNIMSH49EUUVYYWYUPSWRNMHDW`XJBJV]`YRROLMOOKQYQJKECS[WRKA:KPLMPNTYUX]`a\PMMUXVWQVac]WchcX\]V\_[`e[IDOVZZXZX]`\UJBMRT^]YRLMQ[ZVSVX[ZXVTTUR_c_Z\aa_TLVLR_ba\Z^YNVSQ]c_RZ^XS^a[ZW]_VLOUZ^^Y[^hi_W]Z[\a`cc`aba]WV][ZZSIQUV^fb_WTTPJNX_\[\XSEJZ[WX[XSW[baYOA@MY[[ZYTSNLNYWNMW_`]^``YHPZSKLIW^ZPEGRUOQPRa\ICOVX[ekcO`i\CJVPISXWVU[baZIIEEFMLMMLJEJJJIDMOY_\XSLMPJKPQQUXVLCSZZQMW[RUWWZONUFO]^[QDT]\PU]WSPSST[bb_be`\bhh`fvzwvrni\MY`a_fjkllkllj`ZUY_b`hkla`if[gpokhi`]baew}ugbaggdd_^]\accc`UScabimlkbSQUPN^_ZZ\W]cr‚„xe^`[Y\`TS[aZX[^]_ZajnlgfbV]Y[~˜ž’ylc_^S]`\PN^^\WXZZ_b_\QDX^TWTU\ZSXTLUVPPKMPLNOR[YZY]]^YVWXYZXIPZYH@C^hb\WP[a]X^ac\W[\XRLJLKRYXNR]_TGS]]BOWORWPPV`\TQY^_UVTY][dbRW]][RNQQU^_ZQLW\]\VHIVaije_MRXWTRXXRP\\YT_\ZSKMTTVTVQORagc\_`bd\OPZXWTNHFSTYUKNVRTTFKUSU]]^bbWJJOORX[QIRX_]SSSVZZYU`nsiY`bYGBTTQ]a^`ab]OKZadc`RUb]QVZWPNSNJV]ZWOJJJOVTIOSJINQPQMKIOOMOOPUPBMQLIOTNOTYNGPPY\TRYXLFINRSJR[OPZZ[UTMABEFNODNV\SEOVUOKIFHCEBNVQSUSQ\\OBCLNJLSTZVOTTMHMVTNQNLJIOSQGELQVSDMXVKC<@DGHHLG:NPYcb_]]YQWZ]bZOZZUSKHMZ^TMIFNVXN@BHUOHLSab[PLKGU^VRJIOOKLTYYU\^UJBZ^\VYRKYaWQ[UZaaYRT^ZMOVVSSV]YRTQS\\`ZOHLW[ZVV[VIIJY_\XXWPPWeheVSbie`YWSPXWT[\`_SW]][`b`gi`NN^chged^ZXRS_dYW`chpqdWVVfokaXVdleVUYZ[\^YUQRUSW`\VURIO^d]\ZTTZ[_^_MWb]IO\][WSKLOMLX]WVWOJOUSTWT[\Y]``YUXX``X\cR=KNUVUNHLFISPMPG=8@GBKY[SSOHNSPMTRLKWXXTSZTQUVPLOMBLJ;BGPXUPHFCFJKQ_^TPPCDECNLLWTNE;MYVQLOMNRSRSYXSJCH2L\fa[WUTPQ]\XYXZUJMNQW[a\7FU^XMDKHVbea^c`^[XSW[ZZTSLIPUT]e\RQRW\ZGGUSLNWYZRVZWRUWY[]ZQU]b]WMNWYSSRMKW_ZPP\YXSVX`]\iqsri[^b^]ddWR\^]]fjggeXamhLFVRV_g]QCH`cVOSLRNMVU[XMJVa]PUZZ\fib_aaiikkhe\\a\JHPSVXYUUVZ^\]^_ea\YXQVZQOUPTbc_YHKWWX\bcQV_e_UOOUOBGOPXXV[^TMPTNBS^ZOZ\ZV\WX_YJNPT[^YWNPY_\a`]_[RFNTHEIAMUSKPQIPXXRSX]_WSXXWKLNHKJVRLRV[^`_Z^aVJX^c`]RTX^^TO]\UY[W`hiebhmidbhem{xtgTZ\amrqriffhmswztsuvlded\adaa[`gf_fkignxwqottqi_^^a_TW^[QRW]eije]OO_c\YZRWckjggfikg`kkfnql]Vdkqrpsm]`bfo‹‹}mmfNOW\XUOKKXb\IOWYYYVBHKOVVSW^`bcb`\KGTU_`P;I^e`\abf_QNY_WT\XSRX]\OCSZbeZKJOJCIV]b`^Z`d\VUX_^Vbhb]WQJORWXWTILUUNMR]ge`dbZ^abZX__WSOIUXW\eaeiiebZPKMWWY\]^dh_][[`cb]YWSVXSQ\\[ZXZYOZWRR[gu}zdO^b]LT_^_[PQNJU[XVUC:O\VIU[Y[^`SKDQXTJNRVYX\[Udjlied]JE[bWS^hnpl\KU`_^b^XYUSNPW^]\^ZWVVNKUREVaVJQURXWKGUYRSQB>BILKFH@HUU?7;BKMKIHQLT[UPMNV[T@ENPPPJEGLMORVVIKNJIFHOWTNPLCHPVTLOSTRICBM[[RHJFDFPSSMRWSIINRSV\Z\UINSUXXY]SLKOPKAAFQTRQSXWSQQRX\UPTIHSQ7@QOJTWPJMOKHHPLUXKNTNMKLRTXTR[[Q^c^WTTQQJLNPPQMZa\KHORLP[\WUW[Y^^^]VKHHPU]^a[\_\USTOMNCBKOSU[\\USMMSTWXY\[X[VJCOSQUX\XSESTPUZXWac]eebbjkjha]_a\VTX^c`Y\^VWW^gpomiichsyxphPEVgmhkilhgpvvstuvysph_c`]elhiqrnbTborqrjhjktvi_[WNVfg\WXPY`ac^UWbbfknlf\T\`\^cjmggf^bjlgiphbijirwrh_fv{}‚€{oe_WJRXZZYXUTVWWVUUS[\XPSRWZ]YUTbkib\]PGRRX^SEJT]^Y\fif_RUY\YZ^YRR]aZRKNVWUOMJKSPPU_a[VMNVWOV^\]baYY``XPWWXPSUJHPJLYbfec`a]_`SJUWVSVMQ\eekk^`gstkhc[X\b_^WU\`X_dd_Wadcbfhkia]_^]`d_ROSSVadhqnUDMGXa`\RXYQMLORKJRMMMHRXVURNKDJOF@KTTOTZ_aSW[UOSZac`XTV^`XJTZmtjgnnfchgec_RTRY\[Zb_TQ[XJYd\JVZQRX_XQSOBCJOPOLGFMQSNLGINVWPKFIPNNFGOVZXUXTKSUOOSUTSV\WIMIGRYWYXMBEIKPTOEIMPTQKJNNLFEGGEIJNPNGLZVOLTYRHPSUUPNMVZYNJOOGPWULLMQTRMJJORSNPY\XRLHKQLEJH@DQNGEKB:NSLKKJLIN@2LQFDONEHPVXQHJNTVPCELNNKMFEKLJNPIJRHFOWUNPSRIDSWMV_^]WNGKZ^TWaZQTOX[\WG:IW[\XWSNVYSKN\^WOOUX[[ZRTW]c]VURKKSPEHKIEIMKM`bWNEU\XMX^`ehdQEINW[[a^UYd`VRXSY_XW\VXYWTZ]`]ZXU\[OQ[^_c_RP\YXTX^UOVZY^^WLOTYXX^ee_\VSUVKPLLUWZYPMQO_khdffcfc]^_\^[ROLU[VSZZPTZ]hi\WYNNXX\^ZUXYa]WV_aYQT\b\`fZ`ppd``ea]ZRQX[ZXWTHP^b[Y\TPU^^\[PKNPUVNMQTXRQNQQT]b[\[QPPMSXSQMOWVWVVZSJS]WGLQPRNOJV`a_\MDINYUS\\[\SBJLJQOFHOMKPXXRLUVMPUZXWYTLY]QAEONTa`VIPWWU\`ddb_fg_Z]acgdafeehgd_^bWKR[XQZakod\ZabissgQSX_\dmtvwxrh]rzifjkli]V`gfdgfitvqh`eqtmidX\^Y\]bZQNOakl_N`lnilja]ghbekd]T]b`YWRY\MZec`^Zqyplonkefoqidcoz}||xpeYSOS`jf]SY_`ZTPNQQWZZZ]ZHHUaeZZ\YSRSKORMTPNVSW]^TNV^]WVVKCMXWYYWZZRWRY_ZKR\XMZ\RX``ZO9MYYOJX\a`^YJMSRI=FNQZWUNHJSbgdWQJV\`c]MMMIHR[]^cjh_YPP\gcfknhgihb__YZ[dlnj^X_c^YT[bic[YZ\cYJHMCNZ\\a`ZPM@`lg]RY_ZXWVVRSUTOQNHEJVTQYXPXVPQPU]b]`bZOW[VUZ`d_VVXUUYXW^ispinni^_`YQMDMPPVTMRPPRZZQZccWMYXQPS]]YPJMBIUVVUOIMUWLA:GTVKKSQQQUVYRRZTOOL>>?CLPUXWY^YMJROSZVRSQOKQMBMSIFHRY\UHOZVLCDD?A;KUURUMBGRQMHMSRHRYV\]VXPMOI7L]_Q>[\OOY]_dnohYQ[]`cb`Z[eecXPPWfie]QC=JV`c][VPKEGBLPYZSVVMWUTT]]WTSZ^^[VS[ejgd__[TSSZc[X^[T\UZ^W[_YS^bgki`Z[]_[\]ZQRQKR\]]`ZPQYegbXTZ[SRXXU]`bc\TP[[XY[UZfle][fa]`\]YRRWWU\\VNSY][RSXVPJTXW`aQUW\^^TOMN]a_RRXUMTSRPMRSVXZS@HJKNUVRSSPKWXSVQNV^[PIVWRUOMV[WKHJMPPJOWY[ZRSUZRHPM;CPNTYXZYSUMIJOQPQTX`\^bUAQ[fWIVdke\ik]NMU[`_`gghooi[QW_\Z\\^dilcSR^d^[fbUVVX[X\fnx„…zyxmkojkrqjjfbch_RU`fjoj_]b]fi`Y`baa`\]XRNMXaimc]hlghhZTZ[Xfk`XV]cb^\TNSNO\daTIci\^lrqikq{|uhmqof_fiaXXRSWWTSQRaed[NQUUVNYjk_IKOUZYX[QMUUQURINMOPEPZ\PSSLS[WPZ[XSMTXXVSW]^ZXYRVWRPOX`eb]SDDTWSYZSHLTY]]VNKTNNTYYQUYIDOUa^@=TTZ_[TEWZQPI>IOSJEMX]XOILOMPWVRJAELINOLKC@ECJWYUMCCPQSQOKGUVZYWVKIOINTWTOHALWSLGQVJINH?BOSPROLNGJOLHLQY]\SMTPJRZRIMMLKPMSOKLMD@CJLKJHSTJCCELMKIJC8DUZVSQKJRQRQJHFNMRVH6HQVXQFJLB9>GLGLPTTWSPJB<;NXTQPONGMLMKGJOI?T^YQLNSYUHETUOQLKMOY^YJUYURLDNQPYWRFADRVONWUPUYSKS`kpn\JFEURFVRHJNNEHHV\UUXQVVTONU\``^]^\TSZUY]da_^^eifbif^RMOTUVWQN[YHGQQRNTXLX_YTVXXSUWYQS\]SNScaejgZXZQNKIZ_cb\LPYTSU]^]`_[[bb`]\\`_]WUabTNPVYU[`YGR\[V]_\\TSTMLY_fcUKOQNPZ^\ce^VTTRS[`XNQNMU[ZTV]WIKOVY\YYUHHPQNSSTWWYUTVNMV[UGGNDD?INW\][^`YQDSRGS[WTOW^WRIKQSMLTUTRUUOVVTW]]QQTUSRNSXOSZ^VO\b_WKNFHRQRQKBIWSHJNS\[PKZWBIJFXNL@K[]_]W[bbZSXXaa__^ene[a\Zcfbcabipna^eddga^\^eb]W\inmu„}~~sfklmnfV_a[grne`choqlbZPWbebXW\bccba[YZU`dWPYTQXdf^^^_cZXcgbHO^b\XOMWWSW^_YTcljhfcdbb`pxxdYYVUT`ibZ\[]V[b_XRSTW\ZTTRRWYcjdWLSX[ZVXRLMOMW`_ZOPTWX]`[^`UUSPYc]SLAQ\UYYXX]\ZWZ_[VYYakofZPKKYabb`WNOU^did\Y_`^OQUT][SWVOZ_XS]_\eaZRPKNZ\WUJNZVR^``kg]cdTVfifbhhid^X`hgcigeei^USVYYa`QHMVNGMLSfh\YYVLKZWRdlke`\WRNPPQ^]UPQTZYVPU[UFCQ\\QQ[[N\fki]VU]]X]ZUbg_VMJ`jgXELMK[a_[Z]]Y`gbOR_\VYYYWTMSYZVUOOZRJ\QNLUTILHMQKIUXOHMRPPJENRQLRRG@>5CNORRLMIGVURQO@HFR[SKRPLKQPMONPTWUSNLNNOKOYVDOSOQURPUZQELMEDQ\ZSWZTOY[SQTRa`PPGQdfb]eehid_baYVSQW[]XOPRXOPWRPXZYWWVPSPN\VQTWX[cdcXRZXGQ]ca^[SPWTTZWQQQOLRM[c]XX[VORUY[`\\ecWO^`SP\d`TSX[[XPXa]ZZ`_RKORS\]QLUWYWOW[XVVTX]^b[LRYZ[YVN]fZV`VOUNRbd_RAFLHKTLGMU[XRYWPRVVIGXUPJNTNS_^^UPJGPPKUWSYYU^bW@Q^^PGKRWNN\ab]Z]YX^b\UOQPUSCJS]]\^XUSU]VMMTTKJDO\[OCE\hgYFWZOGQUTWSRRWNV]^W[daVPYcjj`MXkhWNVY`^Z]_SYioplkmoqjfaZVYXX\`[Z]celoe[U]be\UMI[\]hnjghimh[TUQOY`iaMX^[TOPT\dc`d^Z`[W^lpf]^\gj``a]WRZ^Z^a\]\\[VRUY_a`ed]frn\^bdUZ^aekmlgff\X]cd_bd\Z]aa]^XQZ`\]c`Yab_Z^^SGRPJV[YTNHMPPONGNTOVZZVHFJUXM?SULPL@FKBCKQ^`RHLIHUUTOF?IJMNGNONKKMGIVQMQW\ZPKLQX[TW]UNWTTNGMY[VPVTMJPFGOMGMPGGHCEKQVKBFHKPUWWOLMKD?DHLK??IJRTIHMVWM>FORFCLBFKKOFO\XMLOL?>W_WBDOPFCMNKJHMPJH@F\\TQKQUOV]ZRJU[YTSKFIDDHJHB@JWUW`cSKSSQHMQKLQXVBCJOX_ZUKSXTPSWRU\UHPSXVHN_^[cieqtwvplaRW]c_`b\Ya``cZJKUPKOV_b[WW[\aa``]WWV\f^Yb`QMV\XNVYWY]XPNTOMKFR[__VJS_b\WZdfaUZ`dXNPYYVZ`d\XXYTVXZXOTW[\UOUXVVX^^YWTQMPUTW[YWWTOKEFT\_WTR]_OWhaM\[JQRNMGNWV\_QK[d]WUX^\ZUWXZZYXPEENVPTWJOQMRVPNRPP[^YRMNURPOGHPMLWWQZYXab]WQ[ZSMLIJJKPVX\bYPUXVQRMHLPEIQPPLMQX`_V?CPWXLHXVVSI>CMYY[`b][X`gkie][`h_QOTSWSX^VVahgb_ZYbd_[Z_VPYcf^\]YW\]RPLIOYV[]TW`[S^kpl_VZ_ZY\bfbc_X\\SRQVV[_\Y[[YKO\bjmd^d__^_^WSV[`cY\beeb]^ZVNVcihd_dovo^ef^VIQY`ddYQWb^VX`fkhbXPSVSTOKKQ]YKJQVbd]V\`YGFRH9L[a]QRMSY[adce_[VVRUWXXZ^faWW_`e`TORY[YWOIHVPJKQRMQefWSSSPTWUZ\_YIBDS^`\XXYVPRWSX]YKORQMHW]]`^]PT]\\^TRM>JYfd`ef``]Z_ba^SOU]XX_ZUVOOQQVXVMT[^[IH]YLUZba^\XUSU[lk[\b_W[\]_`ZVXb]YZ`eg`Z[XN_keWcf_X[\\ROW\XRNOV[[[\[_\[dhdeYZd]VMLSZXPIPWTOKRMGKTRX]^ZQY^a^]WTQSRNLQOHPWNDJLQLB@LRJ8EEKNPNKKQSNFFKNPHIQRPVZXPHHRWQKOHCNNKKSRUXRFPSRQOGJEA>HQ\a\UQRMIHGEILE=JUTUZWPFKKO]]XMNPLLTQGBCCS]WHNOW\WR\]VQUQQ]cZQTTONVXNGGWdbYJDJKMR[]ULJJA?AINMLLEGMQNPIITQJIJHHEEJJLLLRML[\REGUSASXONLP\^VHIRXKKYZRPQZZXVRRQE:HJHLQSQRUKOI=DOROKLGKRYXPRQCQ[WTUVXWSNMMZXQLPSUOIN\^XOYac`jrsrncWTZcf^ckh`a`PGTXMKQT[]Y[[VXUW[]VSOJNZYPVI4FPTLDMOGPZ[TV_^PIS[XR[e_Z`e`VZ^d]SRQ`d\VUVZUTZ]VY^\`b^WMRQX^_\XX[aZW\WMLPXZNGNOUW[[Z_^RKPZ]\Z\ZOU[]PNNV_`TGOUYWUVRW]bYOZ_WYYWUWWXUSONW\SQYZSWXOHLNXUQLEGTPPVVKPPOQRJOWWSPBNV]b`]`a\VQX_XVXJFSX^]]^]VWTE>PKHV^e_YXZ_\TYXYWWfkib`ipskTX`bXKJX_c]VTPWbbgjkg`]_^]YYVNJO^bWMNPOZe]SX_^ZVUEHShl`XYKBU_\]b\V[^Z`hbDS`a[UY\dikhb[]_USSTNNMMOJKPCO^VLSZ[^XHGNX]UWW]heZNXXY]b]\caZLKRUSHPYX\\]TW\[V\UTKScb``Z_`ZXW[XSSXUSLTV\]NVd^MRXWWWPOPX_^jlgXS]gj_]faVO]bb]\cg^VWYWWWWV[XZ[VY_^[[XU^db]YSLL\bf`[^^^^]XUVTOanlb[cfjmied_WTTXVY^[W[WJHMRMLUTS[dgaXS^^^bJQTTRVOMMTZOJJIGHHNWRIIDMRHDGLPLBLMBBGGDY[PKPLHSSKKKIGQVXRLQSUW\OBPL>IPLJRZYVTMHNMMTVNHGFCJSTTPEFHHLJDEE?JQQQSLGQUQRVSZZUMOQUTUOVYWYTNJQNNMMIKKLSOLVTI>ENJHXYSQUVOMJPNKRUPGIGJMB;ISK(=GLORR`iidVLLJTY[]XQWZ[`]WSS[VPWSOSRQ\W]fdficTEBKZVUW[VPSOQSUZY]`RMbe\`c]Z`^WWX[crshRPY`_UXaYQPQZ]b``cYJMHQSVVRUST`osmbTRSQdnh[J2V]RTWPSX^_^be\KOQ^ihUW^chomkf_]YR[XPX[[ZUNFU\RNMIQ`iicSNMNOREHU[ZTVULAFHEA;HMKHOOIJILR[[SJFILIDNQPRU[UFMH>FLNNNKPMBJGLQO?OVSOILNRPPOPMFM[[YROJNLPN?MQLMG=FRRGKSMOWPKNJIAFLE=AGPOC9GTNHEDGJTUQPPWTQNRQVSJHXYQKJLSVTSRQSTW][JEJKMRJLNNBAHRULEIPLFGHD8@JO>NQJMNMLVZYRMMLEDSZRU[VELQX^^Wab^ZQRRMFT``VZ\SMK[hnoolv~~wibf^NJDPdje]SRRRSKMVVSWXRMRSY_SS^YPTUV^\VXVRVQV\XLQNPYOKVVORY]^a_\TMP[[[[YYTR\^UYaZ^e`JASUSQQV[^UNRWX[]`UO]_XXXRFFIS_gdbdcbZPUei_NW\][]`XRWSP_db_TUXNLRYSOSVUX]\RRQUYYLB@LSVYYV[^URTVUXSPRIPUSYNMOSUWSG=P]Y]_XSKHPRIKXWENZ[ZWTVYXZYSV_a`XTWa`YLKU_`^[RQSQHRW`]QOQKII>aZ\[[Ycd\Z^]WO_b[LS][]`_bYUZ`XQ[_ZdjldWKU[_ZTP[aa]V[ZV]agdWZhiaV[]WNPUXPZ\W`fa^b]QVXWY`bb\UX[USX^bflldZWVRX]_WW^_^dmoh[X\de\UUeeXhtqd[URRQZ^]^``^_b_Ybg_Y__^fec]`Z[\XSZZVPTVc`QSVQ@R^]\^Z[WXWZY``ZNKOULOVXUUPWVX\ZSQ\cbSPR]`_acZNQ^lj^`aedijbS\WR\a`W[YKDNXUSPVQFFKNQJDS[\^[ZYSBAU]__VMXbb`_]VQSVMGIS[YMPXUYdf_W\^YOS_bYY`USX_``a_VW^cf^Kblc[[\W[[XNZccTOKPX\_[XZ]]^[WTRM@CJJPCBTZWXTdrqb]jkbNVbcULUZ`RFV[^_^\WZ]`[USVWMHNU`a_]]c^ONLKRUUPO\_]UPUYWS[a__XSLMLNS\VTQLUQT]SNSMMFBMQOHANUTGHMJIHKNMSTXWVUK?OUONNMKRSOQVNILPNQOKLD6BKMPJKRRRY[RIJNMKRWRD@EKSPJKEHMPQJTUNFMORJLTVPRSOJ=DISVQOLPRUYTHB>BJNNN[XUPKGQ\[WTMRLR^W?8ISIDNVOFECJQNIFLKLPSOGA@MXVRPRNNOPGGHKOPTYK8>JJ:OYUU\][\Z_[MITXZSILQLHKW_^TH>KUPMSMIV[VLANT[\OAFPTRR[XS\YULVaSUXTRLQOIPLJS`jmhc`SNR\]\VXdqqjWN[XYU\WP^d`]VWYYPLWXCEMW_`YUae[R[XPRRUV`_]VIQNNTW_eb\UPRKHRJXo{we\ab\]Z`a^]YIOVQQSSZ`edVKZgi^HWe`_deYEM_a[^_TY^[QCIS[cb^`agh`X`cUIZc_]bcTMVZX[UPORX_[ROXZS[d[K@OYZOJKSKCS\YU^\TPU\^XW]^SJD?HPQWQQTZ[VNF;>POIUX[[UYcgd[SNRSY\LJWTLNOLPVNKMQJQZXGKQ]aXNN\XPLKYmjSGWXSNFh`X[dgdejf`\TR]dcYLVZ^_[XPNNY\WX\X_dfbSFWYUVPJS[be\[XUV]dbMNZX[Z]_^Z]]TTXX]^YWVWXUZWSR[^aca]Z[\[XOW`dhd^YYVQTTOUXVjroikmjha^`_``\\fi_RPPMDN[]\bc``\\cdc\YWZZ]YY[[VTV`ZKLOVTLY`WQWSMPULPVV]]WLJPS\ZTKBVa[Z_`]Y[YY[XZekfaWOVYUZef]MSagfegfd_TWXHNWQU]^\a]PEMJHSWNFTWXYWE@VYXZUORQJMX[\WSLW``acc\WRXYTINSXYU`b\UZ_WQWWTPIOT[\NM]b\UXIAP[WPMO_faUOZ`\ZXTSPZb_T[^MCXaghWY[SLUZVQEQ\TKR\[Y[[c`NNYZO=^ljc`d`][PNR^_^^\SQVNURQVUWRRZakoqfWHNSVRRZZMZab_UJblf\]]RMCKNNSWX]ZTGEJPVULUYP;;JORWVXZ[TCKPPNIJNNTOOLRW][TJGA@KNNFJSQKJNNHGC>M\]QKKLMRNQ[UIGF?OX[QG@ALPLEJXYMOQSUNLPNQKFCDMQPKIOQLNGPVYOGOOEQURUSKPQKDDCBANRMHMLOW]WG=CHFDCGPULNPGEPWPORMJQUYVNPN@AKNMMILRQICRUO:GPPP@I[]WINQKLMOPIEDAIMICBLMPVTMWbe^NT]VGOTW_U?AU]YQRRRNF?4BLONHR[]VQIMWZQEELSUPEHLMTLGLNXUZa_YRNRQUYWXYZWVYVWVPU[LCTZOQ_^U\^WNRUT_g`VT[]]X\cYRQQVZ`]XUUY\\[ZUKQQV]]J6IQVZ]ej`VTW\XOXYM^pqeWUa`ZRP[a[MES_`ZRX`[dicYWdecZWgljieXTWTS_ifSNRQQVVQPXVOPW]a^WYXPTZYZY\]Zac[HKSONQYccZTY]WZ]XHFXQKSPU]YS_fb]WOKBHYVONVSKRYUPNZed^XRNLIKBEJKJHNV]_beih[HDQU[b[KSZULMMIPMK[][YURVUSV[QS\_VRSSXag^WXUPVSagcZ[dibenhac[WWXYVX]OR\\]`bYNY\^ca[\ZTU[e\U^aXORUX`aQQUUVRRQKMWQS]^^_^X[YZVPFLQY]]QXbhc\SX_Y[gid[KJVYddcc]ZT]aVVYZfuwuupjig]YSRUW]]`YNPXSIOW[Y\YRNPQU][UMQ_c[TWWTUTRSPEGR[`^XVZTV_^YYUQUSUXQTVNFSWTJEScd_cjk]W[^VQ]kqmbVQS\]\VZc\W\\VTN^kiXHIL[VR[`a\_^\YWOQUQSPSVVZPBNQTQVYSMSUV]^]_]UOSSSVNGHLUUTVTX\YXQKS`_\VVRTYRNGNUVPVYZYSUXSKT[XSRZ[TKX_ZTZ`]PVceZOVUOTXR\dbT\grqZRLCUWKV[X[bceml]Q^_[VSJV\RVVK[`VSR]_\YCI[cbPX^USVTS[ZSP^cYOJVkri_]\giaTNTUS\ZTPORX__U_g[W_XP_hfcWS[ZXZ]VOTWRVL@MQ[\X^UMSZZ\ZW[VZ][Z\ZVJIOW\\ZQV_`WVXKQNQ]_\ZUUSVWPQTQSKHJCV_UISROLPU]\RU`ZKX^^ab`VOH^WYZ][ZZ[]RRTQRYa_^ZLIUZ^XVVab]`ghaciogY\]YVUV]e_M\d^^\\WSUSU`dgeWT\c^^_bbf[V]a]WVPCIOT\bcX@RYTXVX[VX__YY\_e_`^T\aYUniSQY\XRLOWa]_ffc_\[YQV]VHVXKKW\YLRa_VTWUQTRRORRRVXYY_`XUUTSY]TKRbgaRSUSTRTVXTOYacghdXSVTTYZSW__^dghkcRY[eptqh[NOQ_d`aYQZZUcmkjc_]XM?ENTTJA@SPIRZ^d]QRZ[VX_gbY]]]^TNXfjbdif`YQRbg_eqql_OYbd`\YMVcbUKVWQOYVJJQR_e_\^a\LU__^[QMOP[__^Z\\W[\UV\a]NPhlf^\X[_b`TELSRT_`WMHJWcfb`^eba^\X\``[TPLHCS[V[a\LJKKU]_S`qwiblplhosqlmif^ZXbjh`hhaa_[TMIDUVOLEKG=LTM>EKJKVRHHHKQRKGFSTNGPTTWPEQYTNSOEKNPHAJNGDCGEBBAIRSPNKKTM?>IQ[ZPIGIUQLX[bf_ZUVZYRGIOVWOIBNUSLISY^WFDROMPMKTVTQJJUXYTPMIRXLKNMLNHJKVVW[[ULMQSX_\ORUQQKFNLQRQUWSOZaZ[_WNW[SKSNU^XQQPHCHUYUIOY\^YX^`\YTTPJT[[XWY\XYckg^QPPYUV[ZW[[ZTW\_ZIQYU[ZWVajntrcJPNM`jjdaPRT@WhngVU[YXQ\ZMQOVZZNLV^^[WV_c\TYTdj_UW_c`SMNOPPX]ZUW\`XUYZ[c^WU>N[\YPQUSYWVW]_b[WWPNQWXWVVWRXY\`[QV`b`TWYYRQLVad]beYJNOXXTY__[UHJWUSYWZWRWXRLECUVHQSSPMSUNLX^ZPU[SPOPWQHXRQYdjfXWZVPPZ`^_[PNROQSVSZ^aaVL[bjnihc[Z\c]S]a[YQV^^_^XQMZaYZY^ffee]NOSXZ_dea`[XZWUXWP]bY[`_Xdh_[WMSXTVZZbgf^_^RXULrŠ|abaaRIBNV`eYY[^fc[SRSQSdf]YXZ`\KHTbhf^SR[bbXPU]\SPNWX\XHHWXQX]][XMHRY[XVOPUST\dd_\cbWQPRSZ^afkeZZggaajlttpnn`AJQ\efjd]_`Z`eX^fcbZPSXUKMMIPRECRVYbc^XV__YSZeoqfRRX\\`bcd`RXYXXY]^ltz|zpbKZd`O\`TV]^X\d^ONMPSRFO]`XRSVOJYZVJK][MXdde`[`edkh^QY`[Zacad`\[[_ehdN>DXWQTQR[^`]SONV`dbaXXXTTXRRXOYbZSUTDLLPTTTZbml^R[a`b]T[ZZMQVdijgbUW[TPTXXTRW\[RJOSSWSFINHOWVMFKX_a\MDSVWTKEMOOPOOUVYXPKKPVTA@HKUUOXYG>U\[NEHOZ\WJCS[ZPPSYXNFNUTHC@JSLLTYWNPKOTVVYQHPZ_YSSNITUMRXUV_`WAAEKLIOZ[MBKSNFA3>RROPOHADWZY[]QMUUNJMUUP?ESRJTWVSSYXVVSPPQRJKTZSMTVRRWXTRMIQXYWUQNW[VSXUDMZUMSVQTYURKFHDEG?KWYVRQNF9BOP=FXVOHAITWSSX]SZ^XLLOKKGJPY[SOTSSOAGMGIGKVR:>FCLIAOUXTC<>;BOPT]]Z\^YVMC@OMFKDJOXZZZQRPFCC>GQU[YHGPTPU]b\UOLL]d\RY^WJJUXYVV]]`\WWVRX_YNSQCGPYXVRJEJS^ik]VTJRPX]cdaZQLageW\fh^VYT[ieckh]OQZ^]_d`agf_\^VPTWZ\ZNPYZNITYTMXcaROXWRXYRLMW]`XOU\YRZb^XYX^WPXWT[_dbWSVY\TIIS^b_ZRQ\^abZRDMXZURJMRUWZ^`\PT]`[ae^PNRPTRX]YP[WHLLJUV]ig\NPQU^d\PblfPIONI=Q[ZOILI6HVKLUOKTSDMYZUPSYWX[YYU[[OHOMV[YUJGINSSRS`lre\[Y\[[_a_X`ZQYZRLZa\R\ejilhbY_[Vbddbca]^aba_[\\U_bb`XSMPYZY[\ZSRWUPY\]WGGRTQ\ac]\UCPZXVQIN_c^bd_XPQNOP\[Z`]NLU^`cjnndYQVaa^Z[a^UNT^b[T[`XGAIU^bf^FBNQB?R]feXE?JNEEBIKLM^YV_WT^[WW^_URTZ^^\SILSPIVclmc[WYZYQOT_flkkcLZfffb\cebqxnjiknqxxuqh^NU`_]aa]T]cehc^]VMQSSV_b\MQ^eb\ZT\fje\ZSKZ`fji^W_eb[_\Y\][``]M\b[Yb`WNNZdeb`UMNW_\UPQONLT]]^ZRKL]kh[NTiqiWY[WQRUPellf_acZXVYYYOJT[`]]e^\XPTXRSOFKLMRZ[RR[^VS`f_QNW[[fol`PWX[_dejuzyo[SQSNPPPSONY\YQXUKNUSUSIEOOMOMNRTROMSPLJS\\QRPSQQNWUYVYZXYTPHFFDCFKQKA4LNHNHJQSSMHSUPJGCFEMSRMMD6IKQOIF_podYRQVOILSTQNZ\SUKN^\SRSNMQN[gf`YZ^[Z^cntm\OMX][Y]jmfgfbcaaf`akiaUMWa_W_lk``imb]fehpobZZUbljfcfcd`VS\ZLZcd]dghd]_dfihnpofVFYipskfgqqh`^aaXRX[\gkstg[\QETRP^`YKMSVZUHVaYU\_[X\[[aZY_ab[MO\[NARWHJQUV_^QDTVX[SNRV]d`]WQUVLW`TLTTMMNQTQR\]YUY[UP]_[Z\b_]ilhcbajkqwunkokgVRJQSTWSSRIHSRLMWYVJBK\^Zcb^UZWUWUSEB=DEBMVPJNQMTXTOAFJQZZNDVRFLMLKDMPOSIHFFF?LWYPHGGHKQPUX[[XOGV\\QO^]RNORQRRRHQYWVUSPSWRMEHQY[TLIMTUTVRTSOMQVPIBAMQNNCIVODCEJJMNRRHKQUV^]SPQQNBOWSR\ZMKKEINPJAIHML=:DMKCNVWRWLFJLBGKKJCFLPSSWWLVWNRY_\RQUX[TCBNQ^pmSFLQP[\RLOLRZWOTQJKOMK?GYZOKECY\VJJUVRIJYc`NNNKJH@CQ\WRPZ\_][LFLHJWYQMQTQSXXVSJTZ[ZYVX^QAACLSRNS_]QBLSOSXW[]SLV\]OSTVTXadacYU`a[YWMLWdfb[YRMT[X[\Y__`[\afg`UQO[hmbXW[WT`f^^`VHKVaYASZRKYWOSTKOTOQZ]ZJJXcgd^RQ\`[ULEV^[UYZVZ]\Z]WINUPORX\\XUS\\NNW]SHPPHRXUOVWR]b\Ybb\TWTU\]ZWQNWZXZZZ]e`YXVY^^LKQY]XKLVaicY[\SPRSKTXHLQGSWZa`OPOJQZSKJTWTRIMRUQYTT_[QLKWV[]^Z\dfe]`g]X]cde^WOOP\]QRY[ZUag`TSX]ZSY`XYcda__TPVccdd[T\c]bb\V^afba`cgic`ZXYX[YWZYVY]ffaVQM\lobRNSTSZ]bebac[UTW^[W]hqpqpd[fcchjc\XY]^Z[_dhaOU_^YVXgi_QPOIFMHCWkj]XRLS]`\XVNPYUQ]_[WQRT\WX\WYdb]]]YamsqpwscVTV[^adgeaaacmjhfOZlqic_b^efa]YX^`kpmmrtsn`bb`knjg`]ZYaegjh^\fgVerpf^frspojntvnXY`dddfedgligeiiZY_T\guzuj_]OXWQ\`VOKGPSSHHX_XLMRT[^XTU^YW^dbYFAHHWgdZSQSVYc]UQSYXTVYbmkibZUPLV_VKP^`_a\YXUX_ZWWVVUUU[`]`m{~wjbeoqjnuvm[QQMS]`heWSX^]XXL:DLMSUTRSMIQaa[QRTKRUQ@KMB?GONR\YUND@HLJLOMPLGPUNINMJQVYRDALJFHMJBLUUTTRLSWX_`YSWQCNKTTQ[`^L4HVWPHBNXRGGURV]\PHEIOWZULRWWOSMLXYUTVQOOFORQHHOVSQJJVb`ZQUNPPNPOGNRILOCHQNAQXOOMF@;DIMBDSVL;6BKMJPTUSB,7KRTRPLMJRVRPRQNEE?ALA-MTZT>BQNOPT[UGERXXOLTQS]^SDHOLKOD@PUWXY^^WPORQI@CQVRQJDU]XDDV]VJCRWRJTSKJ>AKY]SLJHMQRY^UQXYWULNOONMNXRW[UW`_cbXVU@JUUSQJTV]^]VRRSPPX_heTJTb`Y^]NJ^eXW[dcYNVbe[WVTNV_\MKZ`]WWXX[WZdd\PR\a`bid]\^ZYb_WZ`ZRKPXOBS\WROTTOPZVPMQVSTIERZ`aZUX[VSOGQad^[W_abXKPX]XTUVT[[ZX]ZLJSSPTYYZ``_a^TUdh^Zb`VQU[`^RLU\TRVY`_ROVUSPKIR^\PMLQPNVZXXZ^XSPVSLTUKBPYRTXNJUPJVSV[ZSOF;GU]\RKOQWVOLHPRQGCRYWNV^ilig\TYXSY^YMR__\b_SNRSQRUX[]\X^bWUZ[\YRYY[Z[]aa][`VT`nrmbXZ[\ZX]bd_\ZXUVUVQNT`bZYa^UKX_jsocQNUMDSYWX_^YVQQQVTUUJ\r|jfj^ZceZO^_[_\^Z]bX]gk`SSORZTKGIL[VJKTdrl_\[TY]VISXTQNMVbec\X_b]SP\c`ZSX^emiea`cb_daXU`klhYVNJUiiaeb_dkf[aii[Y^UX^eflsolu{ripuwrtwpf`\XNVdjoogcddaiplfgdpommheghkd_beb_^Zbgqxwl]^]\^TV^cfdbb`YYbe_ZPC@:LVTMBIY^_VURJOSTYWLNSX]b_ZY\YbeaXVecX__SMUTOMUYY]\^baYNKJHMT_jf`]_ab[\Z_^PM\ba^UXkw€|rlns}~tcgki`YZWSO[`]`WKSZZZYUOFERROV\YE?LMGBK]XWYWRROQRR][TW]]WNMPOPSXSHEMND>LUVQNGLTSMQLGJCIRGANW[WPROFXXUTTKFLEOPHKOWXRJKQJGKLIDF?FJMX_[TOSY^`[RMRXSJEOXWKBGPQPKUVRTVNINSKGBCW]Z[XOPHEA=MTRKLFFHHEJONLNFFMJJWXRGGH?8X]THENW]e`X]e_NIV\Zbc_KIRVSJPWZZVXVSSY\\QGFIRVY[TOZ\STSCFVWP:ALOHGE@AMTNJQUI4T_dmokb__WTX^VFP]cffd]SKOVZca\]b^\`_ffbgjdUHNQNJORUW]dfgilkcZ\WVZ[dmi\MRS\`b`ZU[ghXKPXVUUU\a_[RKX[VWSR_aZPJKRUW\b]T_nqmt}znbbgf\fkeZY]kpm__`acaRIZd`XX]]\VUSHKbe\Z\UNL[_VX\dcWPUckjb_a^RUW]XUV[[]``WWWWHJZ^OXgg_d^W\Y\bdYVQLSa\KGV_XR^`]bdeflqsrurovuoiikggdjlbVajba^]`XTUX[o{ugcnojdmpnjfhnmbX_jf`lsmW7NRNb_\cdZUblbTOVVVSKRZ[WH@PPPVYYVWUVTV]b]TUTOU[XHGSVW^USfhYNNBKVYWLFMS\chj_UPKJHY__cbYW^^\VV[^`_USTPV\]^gi\^dbeeholf`^bfc_e_WSJGLX]^^_VKY_QA?NLNZ`]LBHG@>SHHQMJKKPPP^^SU[[WUX]VRPPPLSRUUL?KPKHH=CMUYUJNNSUPEGY`YVQDCPTNLOOAL\YVW^^WWRO]_YYVU\YYVYabb_MDMN=EOI9BJQ[U[SPR^]\Y]ZW\gfbcZQUaa`eXT[ZQW\bghec^XVV[Z\^]dbbd\VZTV^\WVYOLRQZ^_YONR[eh]RBJ[b_ad\]^YSQPZbcceie[]\JXeeWJYbbcb_X[WTNU`fglhr‡‰|gimkicd`\YZcnttiVPUZ^^^[XbbZ[aWOQ]`cc\TEDCIWdd[Z][_a^YY[]]bc]QSX^XUZ^bh`RQXZTNMLWR[jfUQPMXYYWUUQNTWUC2FMUYVPLIPY`a^cisusiomcSGSYUQfqndfh[W\WHGQOKT`imcP_tysqsppokopf]cjhaRSTMOVQHVYY^ga[^fa[RTbd[T\c`\PO]]QVOT`_XSUOGRSP;@Pbcc`^[[O]``gnj`XVNPWTGDXWPQU^XTWMKRXbjgWV[YY]ej_H>VS]jeQX_ZV_edZSZbdcba\MG^^\jlaNHQLQ^_WSKPWZVLLZ_Xaa^[QJGKVKOUSRVSMDCJUZOAPSQLJPQPLG@<;FU\RNWWWPKDGNVRGDOSJMSNMMNQO?1?IHKJOPNLNRRTQOMRWNCMTRMNB;LXbeYACIFEIOTYUKOOPKPTSTUUUVYMIOMGFIEPUIDDINVMKVPJUZYMGDJSYTFR]ZNFGBNPHLPLMPRB6FJMOMFGHOQMORVNKNVQNOQQVZQBBHJDFMKIOSRUFFMPMMC8ILNUXVYXUPHDEMOQHIHLHHKPPLFQSKNOY`^YKAGKJKRMRTSLJF=HRMQZZYVNDIMTM?FLEM\[Z`[[\RKX``__ROURPSUVWZ^__cefWJVVJKRT^hcWPQJGJMKUSPY`^VNTbjh`UU^_][^a[XUPTWLCHWbcfjbW[]WTQYXWSR\ZVRS[YNT^hgc]^ZPGKCFJAFO\caa\WSV^XRM\`WUW[\VNURJCSW^d`T;HOU[YWUZ^`^SRKGMX]\YX[`bab\YVWXY_`RRXUXXVYZSV_bXOSJQ\WMPTONWTZ_ULSSNMPPXY_aYLMTRJNOGMSTXX[UTTRNE?2IQX\^LP]\QVZVIOVXYZUPUbc^bb\QRLJGIDOY\[`e`Z^_bW]ZZ]_eecid[`edbaYOX]Y[^`hjnkfc]VUZcaUV]]]YYSZfeZ^a[X\]W\gcWKUYS\c`XMR\ecZ`][`_YU[_ebaih]]hbSS_c]SU^bggfa_X``_hlikgftuicilgaacaS^nng_]]UOLU]agh]SY]XbhcYckf]RSPFKY^cdbSKUZ_a]YPQ[ZXWRUU[Wbmonl`ISdkaTPPUUR\Z[\ZWWYOPZTKNXVLMKPTX\TPTNEOVWWW]bgph_^aWLGOPNRhjfhiWSUY]^[J>FRQOUWT^jpnnlpf_fachpqi^UOQTUUMJVS_VWdf__\Z][^Y`ijcXHTcbSLIJ[ibYVWPGFHMPPbuvmi`TSX]hnhimnljeZMQVZdd\_cYS^c\]aa[ZZ[[^daef]\^WLHP]]QZdc`a^ZXOIIMMW`Z_lj_\Z[ZUOSQNYXPE:DTY\YW]b[WYVYXMV]_SQLMWZQQPNLNV\]TOILSQJMOJMURRPPOX_^VKWbaVKPH>LOJIPOIJTOIMQROKFQYSNKJV[YSXZTIIOWVPOPQMELW^VJDHJLKIKTULJNUSIMNLELRVYWZVIGIJM[[O:FSNPPERRPRYZVNFHQX\^[][UPNNV]aYSQWWRFF@>@MWTFKWV[TQQOJKMNRRNAEKVVOCTVMOPKKUVXPMPRLICAMTUUTJLRMRVSOMSUZ\QPVVNNVVMOSWT;UcXMJJPQJKOFKOSVPGD?IIGQRORVUTIEPF?SXOGHSdZ]^TQY__^^[^aZSSTTW_bb\]]ZUMHCFNT\dkj[LTRPOV]ZNOW[UGKPYb_YOLKPTbif]Y^W^ii[QYbbee___^XV[a]ZXQXVY\_fdVWWWZa`YVWY^``fbMNW^bc\Z_SQQQQMRWKPZWSUZ[SDKU]ZWSMPQPSRTVWW[baa\UQUXSNQQ[aaXVZ\ULTSIJT[__aedc[W_`VX``WMLYZ\YTUQW]VUTLOSK?@NUY[TLIROKKGQYTPPZc_XRHUS;PZUQYQS]YMV]\UOQ]_\UOMVWV^^WOQQIJOW]b_NIZ\VWV\XZMGYY]dhhk`ZdibY\\YV\cjlib^ampm]W_mm^Zbb^LQ\efd]X_^XW]ccbXOPUY^aZVQZ\LDRJSedacbX[b_YMQXY^`cb]ff`YXVXa`d^Z\cdgjjeb]\^hjnkd^SCWa]_lpeV[\QOHOVblk`ST`dba\_egeZJOLOV[^f`]]ab\MKU_`[`bTT`fa_afnsnaQUdknj[QUX`aZTQIVZTZZQRUQORUNRMHW`\KKRSNRXWUYYVTcf]QX[\`a_YTV[Z_kgVRVUTXQV\]WXTQUQS^bekfLM[aZ`gfa\V[`_YMC@\YVPFW`]aig_[WLTfj\XURY^TQRZ[_WVbe]WWPNSZiqkcec`UTXejdgc\UX]c[V[V]dinm`BQZVZb]VL>TYNQXZTQYZUTSFMV\deid`f^XZQT`[TWTWecVKV^^XVYZTZ`]QQZbb]UUOPJLRSTY\`]ZY\SSWNEKNOPUVY\XLLOSVLIOPVQQWPIRWSQSPNWVAAUO4,>JTa`VOP?CVV[WNBJQMGGET_^WZYQLRUSRQY^``P??FHMFDMOPQQZ`WGFPTNJICDPO:OYPVVLKWWQIEIGPVK@GRPOY]SJORNMJMSSIHQVXUMIWXIGIRSD@KQPMPWMELQSVVRSRTTTN;6AMNNTVQKMPZTFCFIRUKMMQYVQJSTRMRQNILNMVPCBL\YKT\XX\SGNSV\VPRI=HMSXQOSPOKQXRKOE?EPKJKFLR[_^b[QMSNNZ]TT[e[QUZUUXX\b_YJ@@GLV_\KKPSSKDGQX`eii`RPQSQVYY\\W[WKIRYVIET\VUWU\]WXig[]hieZUV[_^WY\\Zbdaaa\[^WRRY]_XQW^WXUQW\aabdhaRPLV`\X`YSW^]WWb\OVWOJNWUKN\_UMQX`bYLU`b`_`ULPYZVSPELIT][[[YVWSHPGRZW]fcZX^]Z\ZVPPW``UGR\de]QS\VNSWPWYUN?OUJDKWZ[W]\[UVSJPXW[\YPJKMV`b\ZZOOTSMU_]ZU\_ZYONX_ZVUNRLMNKBSWUTS]cZQV_Laic[abhnkfjig`XTYV^aZPTgopidZ^aa_]_hlf]afi`\]XMUYUULTVYed\]]ZZWW[[\[WW^Y\`gombRV`feb[WTRX^djopojcbb`VWY`_YYVQW_eb\VQXehppkg`ajmg_ZXSVde\XXUHReiXWdhcW^luodWVYYWRGZlph[U[\\^\^_^ZU_fghldXXegjfaZ_gkbXSXYZ_`VJJOV^_RSa^[[PQ]abZVafbXJMZ]SL[\QSZPNNUQOTY^YYXUTYUKZa`]`WOWXZ\VY^RFE7IPTT\aSIZaL@OXUILZ_d_YML_^__]XSOT_ca``ZZ_f[UZ[YYUSS]WTQ\cfjg`KJLOcg^]fklcW]fhhf]bimga^WLV`\XelhZKPXWJBFLKUSCMLRWX_g`WSQVZY]`g\Ua^Zehdda\YUUfigeaWSMESW^aZTYX[cd\SRLKMQTVUTOPV]Y^]TUTOOPI<@POGLSVTUP?@IOTWZ]VQXZUNRTN>BNPNNLH>AISMOTMKTYUVZUMJJHOWSD=HJV[XUYRIJQLNYb\UOTVTPOIDMRZ^[UHKLOTTPLKGGIQOJLUPDQVVTWWWXXLJTUONPWXLSVFBJRRMKKQWTQOFDLFGWXUKTTMKZZMNNSWPPRSWURQQPQPMLMPTTPIPPTOHQVNFLMNCPYVTXWKFJTTQOSMKMSUNLWSHOWTRTLKRTKPZQ<8=?JSSOW[SGJNQIGRNFKTQLGL[a`^XTX^\KQRWaTNR]`ZWXURRSQT^\OSUXSUVVW_\YXQUYZ[\ifZWUQW[SHLXbc\_^SKS_W<@Q\]XVZ\XTT[\VNFW\YWXY^daPFX[_^YchdbedVYYWWPGXc]OJINNLS\QW`]UJS\UMYWN@CPUXZQH[[OC=FQLU]YNDLU\ZTLSUXZ\WLJQS[ddcYSQW^Z`c`b[SWZR]a]aaZYY[WTURJGKJOTSW[^__^SV_VMKRTR[]WLY\KHUXX\agf[X[LESUJITWUPFETYWX\[PV`[QRXNN\`TQXZY[a[RWUUTEJNYZYZYW`_UVdbQ[gfYSY[c`SV_c[SYZTSZ`baadfcZPLAF[ed\b_Z_`XMbfWKOUSWWV[ahaXWWYZXU]]X_XYcc``^ab]VUZhnkdZ[RGNQQOJHFJMGEGAIQMOUROW[YVTSKV^ZMEAIU]\VFEEJOH>=DOPI7FQQQVX\YWLS[RJCCTVSMCFRXWSRNNUZVD@MUMHKNJCCKONPMLRNDIMNHGJPMFDLKD6>EGEFRSPLL\\STSQT\YV`_XWKIVXSOQSUSJRVS^cXSY_`ba[OV[TWZZWJWcda[QALYVUZVV]baX^]QTgbVRPPRWZagbVUOFCOTUW[^]ZY\]QO^\ZXWej]U[]VST\[VU^he[O@NRLQWPK\]VXWRXZWYVV\[YZ]YWX`_PEJ@8UZSGENTRSY[VMJEJUWVURVafd^YWWSX_[OJHP`ge]YTS[`\RXTTSRTWRLDOXdgebVNW]M?MJMRQU^^XPUVQLR^_WYZLQRHV[TQMPTSTVWTWURX[Y`c\T[XFN_\SMKP\]_ZU]baZO?=Va_UUUdf^Yb_RES_aZYSUX_aWXXX\cc^TVfh_S\ch`SRRXlpdZ`iqqma\caZWWZhtskc\[[Z_[TV^daYWR[ge_ZZ`acc]]cgfda`XLMYWNSZXZYUU^aY[]SU``]Z_]URXWVbdd_gqpqx}yqeed]^]WTUQ\gfRGVPCS`ZW\UQNLVWU^jqpZJSYXVVTMYa^OJRTVX]^_ileZRYeidig^]W`mlni[Tbcglghcaa^cfb_[YW`]VZc_KILP\]be^T\XPQUX[XMKFHSQY`^Vb`TT]ZPT^dflfVV]ZNYa`ZTUGEU\\[TJSQCPX_YTYWRZbigY[]ULSacZT\YSVUJLSWUXehhkkg_arvijpecfpuvtijg[WTVTTS[YYXY_ce[^aY]a_^[TPHFSKEIQV\^[UTQW_\MW_acd]OW]ZTV_`\VJNS_jmgaYSIOT[`c_dc\TVW\[YH=AOSLUXTJJP?AO^aXJEFDIKFBADDLSTRSSMLOIFSYWTKMH9BPXYSQV[_WINOIABDHGIHHLJEBLNNWUSTOPWTVUMBHOMFCINHMRGBGKQQCFKPTZUKCLIGMIGGD?HPVYVOLIKNJH?@HMPLJMQPOJDFLLHDJORTVUXTZ`]PBCKU\^XJFJKEJUUVUQMD@EF@CLSUSRORVMALch_PIHV[E:EJSXXM<@DLQQNLIMRPIHLUUKAP\VKOSMHQYXTPLPVZTNSZWW^]HCQTWHAS\`ba[SLQ]a\VRNMOV^[X]ZRT\ZVMXb_ZU\Y``ZLg\Z\`_Y[ZX^]ZTT\afc[RZfh`[fmeS\h\Majd^[^kmdUYec[RVamtslcVEDYdaSS\d`]]ZUW]][]b\ZYY[ZTSVHR_ZYa_TTTQZYMNY_ZNNHP[_ZOQZ[KEHSb`YZbfieY[iocagfcbTRQWgnhVMLONLURJMTVHKPUS\mpl[P[ee\VRTV[UITSZgljjhd`\SHJW]^fkng^ipoenl_ceicfmlihcdbgg]TS_`^aa]Z\VT^bchf`eeYXaecZWOCCFH^f[OPSXYa^USXjrqfMQdbSU]XOQSVUZdfYSUWWR[[XSTZ_]ccaaY^^QS[cg]TXbfeXUSTZ_ffZbomgjnlmhntmcX\gd]T^ff^ad`\^\[\^\[ekdOJS_d_`h\LW`ec]QMUSQYZ][[]`Z^a[QTSTZ^\R@KXXYVRQS_`ZYOGNY][W[W\`[O]_XXWJKTTWZ]ZUNOYOOT\^VQQOJENTNOTSPOLPNMMIGMOTROKEJW^TEHNMPU\WJOXSU[RNPNSVQQY]WTFHHFOPT__SBRXRLMPQIHFJRZ]\THRXRTN4;T]_]_ahjkgdijge`W[XHBP_eg]OT_`YVQKUZRNZ^\\cgkom]hsqf\RPSVTW[^hqlgg`[STXRGRgopmkmqjpƒ‚yj\W_^geVetsmdaZYaZR]Y\YQ`f]Y^^SQYXWVS^egf`VWUXXLQY[[[MT`d`YWXehfb[Zb`QTZWPPXZQRS^U[b^^^b`YZZQc``\TPTT]]PES[VMScdVISX]eekbanqf^]aghib`b]PNXYVQXdkopi]bnnd`bedccc_XRY_SN`idZUNRVSU^`]XZ^ZXKESbhdWYb`\[XPOUY^\RQRCJUSOGHQ\`]^_QJTYN`poidXOUZ[T[ZSR]bWVWSVWMJJJQZXOEFP\ZFDDBPTSMHLMMLIKWXRQMADORUVVNPUSSTSLDTZVUQQSYYVRQQRRVXSEQ]YMNOTWWNMWa^YSDMVZWSRNJNRTTROKN[]DKUQPSMJYZSSMAM_icWNONHBTTQRMISNRTONJA@MWUC=KSQJCNQHMQVRKO@=ONMTUKKPNBHRQWWUSQIBBFU\RQOLPMIGFHU`]UQMIOVZ\QHU[TPRPPV[[XZ`]QGJLV\WELOPT[TCHIMPKM\a]UY\[^^ZTQMM]_XQSYYQIP[WRUW`jdOEU`e_[UU`cVLZbXTW]_][]]YRZ_[]di_QPT^hfc^ZVQVW[[^cgfefijtwkW^`[W_\]efgdX[XVXWY`ihc^]W[VTX]\[_WVb`WXa^XbmgVT_YURUTY\^cdjliYT^a]XW_fe\VFPdha\Z_`[eieXTflmkjjnnpsm^U[XW[^TNWfjdXS``\adb`XZhpi]TJRVX\[UUUPOR[`ddda[Tduqgc^aheXXgjghb[deWMQV^]ZULMV^TELMJHENSPRPKJMQQHKOKOPZaZVdjd_V[[[ceaXZ`efbdaXSLR_ea_[TJUTOZ]WHKbhjhe[Z\W`hMT\Y^c^ZYUXVRY^]UQOP\_O@U`_ZgphTSX[\WOPWUONWefaa_bbbfc`dwyuppic_ihfone\dbRF[\WXZ\[YYXZ[WOSXWUKWbba^\MEMNSILPV[XPOV`a[TRZ\SP[[[baUSbdTFOWQVak|~mWYRWZVMLQQOLMONBOPKJQ[ZIEQLMY[OKLLT][PCKOT[ZPSYVNQVXUPKMPMEQXYORUUXUICJCEMSRJHSTRRV\^Z``a_\YOXXWbg`_df^VSXUV\b[UYO_om[SGUXU_VVVRMMYYPTUNNOSNGIQNPOSSLGGIZ_WLOQONPEKPOISYSRVTRSNLX[WQSUVZZSK;5=ENLBDRTKPVQD7JG:A?CMBCMSOLPPPLNJCDR[_^W[[SSPNUYRHKVVG;JOG@AHWXNLKBIVXONUMDJLITYRJDKPPYTSYXTRKBOLCJNRQNKO]]LGQRIEHTSYnpbNQUGEUYSUPK>GVWXXSKJ>IK?-79BOIJUV^bVPQPUNMTSOPOTVTSX[UVYbe[YZ^_]_c^]abfaZ[ZRPVUWbbZU__TRRSVWTVY^\]\VYWSPNVSYehiaXSPSXU[YTPT[a_YNT`aRM[YKHQ\\VLJQT^baXTV`bXSVRNLNLMRRMUccYLNTS_\T[YORWWQPZce`WSPZZWZXQSZY\ffb`a[^gnd_[`cc^RIOUPMUYZXPOR_hbS[\YWSS`fb\YT[[YWUZTOKEINW][KOY``adbR=PT\^WX[WKTRBP]VQXSOOB8R]^YYOKSUU]_VTXUSV[TLTXaaZPRNEJRMNQQKJP\c^XXVT]_^d`URZWK9=Bri[YVTUZgofYVTHGXeiaUTY]_aa_dia[`\R^`[TRX[ZTPY`_YekgbS>OVR\^ZZUVTOIPTY\MJTY^^[UNEXibOHJQNOU]bedXOJZ[RQJLXdf]XVWlqcMT^]YXWS_b[OQo„ˆz]J_ciszvpjc]fjfXQZd]SW]_iqgN\gccaYee]URNZclkcUY]YU`ic]X_^Vj|ymdd\\`\adjh^Xdfdekg^[]WNMVb_UNLJJEEEBMLOSYYRQMOX]a]WSGFRRR_`VQR\bac[JSRFIOQSRU\ZXXQJAF\cdlqold[TQRQT]gnl`b`[[[bgif[Y\[TY\[VQ;FURIW^YblpkbUQYWVY[RRV[[W_YQaki\\]b`^WQXVMKU`p{|pc\djl_WbjgnieebYVY]YYSLTXY]__VHISXQOPLU^aehlm_TSSTNMVZTLVWUYZLDLR_^``\Xa]WYSXVMWUSLCAMTONVXVYVKLLQULVVLRVXUECGNSLISTO?DEJPWUOHOTSOQZYWVJKTYWYSLJQLDNURJCF@=IRVVLV[ZSG?HQKLRN?JQXWPQCLVQHJNQMH>DKT[ZZYSSQLEIRPLTTPLSWVMCC?ELWZO>LROPMD@QUW\\VNICEMI=,?H?EPMHOKKXZUXXRLFU[WKNNITTLA?GMPUWNKUK@RUUXPQKGLNI?BCCLKGGFHPKNKMMOTTMHKRQKPWTIJHBILOTUNFBIKJWTSWPRQOQNDBHINWSMTZG@QMRTQLDLSMT]XVQJHKLJCDDIQPMMFCOXWNGLKLNI;5HOLKLQSOLHBBDFLTQOY_[QFHHFMRW]ZRLMPYWNOQU^_ZXVWYLMQKHKLSQUUKKX]YPVRXZZSJKVXVSMPXXKMSVVOW[WPZX\]gro\CRSNEEJUSQPP]bhkgYR^b`[Y]`bXHUZW^_ag]ZXN_fbbcUXYWPV\YSVWYZ\_`\WN?JRNOKR`^UJPZ[ZZefcZQT^_YQJQWaa^YZWSMHJVWVZ`bTJENVWSZ\cb\`nrk_WQJV\YX\`XVZUUWZURTQGMLPRPNUWZTMSWW[``UTaa_UHNY]ZWQRVZUV]VOOXXUY[SMKRUSKQ]a^RTYYURELX[ZQMTYVU`b]RGMLLQURQOJVZRLPQRVX[[[WRRZ\[WWYNPZMDMSQOFMae`[ZWNKHMQX\abhleQMd^_exwtgb]ZOR\XSZXVVVZXKNWQPPNWdi^U]dYPO[]XQVV_hsthWTMMNKTMPTQ\^VRYUW\ZWX\^_[WNMX^XOZc]SYb\QY\ULQ`cbb`UILUX\]\a^Z\aa]WXWQ]ji`UZ_o‚‰zgfeju|zk^`cmng_^bicYckbN]nuuog]aef^[`[[abZP\`bgdddcce^^b^]dgnni][WOWhfedfigjodYXUX`kpg\UURUSROQYW]aUJMVZTFQXPQ\^\YYWX^a`X\XYUMKNQUTLLMEFOPPX_aVZbb^ZR^e\HPX[VYZW`ab^WZca\[OQRW_a_SRYTVWamj^QV_f]bquogQTY__RDQQNX\]VQQVROWVTSRRNLV_bYWaikmfYYb_]]^lkhp}}yƒycV_d`YRUZajgcinld]WX[]YW\_]Wc]D^mj^UZST\VFPYOTX]XOX[[YWXSNRVVPMBLTZZ\XKAHFPZUHLUVTPNPQRJQSQN?5;DMPLIKLONORQVUMOHMSNJKLNOLBBHKKHHBIMIHX[USPKOWWNX]TJBS]UEBDINHIMDFMNQSSOUWUNGOUYUQLHOTEOUQPQFDKMKKUXZZPKOPQONEHMPPB?FCB?IJBD>DWVKRW[\YMDLQQKDJKDCGQXTNQUXUJ9AKJFLNH@CMXYOFFGEGEDS[XNPM@CHNMDGMNMHADJIQMJYYS[WQOMHHSYWVKDNVSNGLVYYVGUXTSNMGKLDQ][QRWSRTZXS_d[PcZVZXefcZVVMEPV]ZV`^cficSAGW]XU[__VNIS[][YY[SMQIVhg_ZXX[Y`fe]UZZ[XY]aa\WRWOHOY[SLTNNR[^[YVPPY]]\WQNORVZVUY]\X^]WSONNNHIOVWWSSZdd_ovqeVQSUPSSVceb\\SRMPOV_^VRQORVPG@GJIV\XZbd\]a\X]ZQIEKTULV`ZNV]XR`e_ad\NHRSS_db`hhbTYb^QTYSUWSJHLXhjZGUZNGQ]\YWPMWWUYXUSSTPOKKVa_VTRNTZ_ZLMS]WBIaig\VQLOYZafijdejcVX[`a`^bccejfXER^UW^__YV\X[hpiYSVUUZ]\_e\WQOZYPP[\jusdRLPSQRWW^a\\dj_ZTMFRUQRZ[PPVVSVYTLPSMP\]\a^WRXchhe_TLSZY]\`t{qh`XSSQNQ`olYPZ]i{‡iclu|{skd_chg\NWarxwide_kutlkj_^gi`Zabejc[Q[hkgZ__ellhgffehijkg_[O^swkeeb[[Z`_UVYV]_Z\YSJENKS\ZNR]_ZWQEKPFGOUX[XOIIGOU]]Z^ZUPGEHEGGNSBCOJRWLBR^caULRSQPSYWEKLNMI@ORGJGRUMU]^MCROOMLQKLSQKKQMEOUQONLMUXLDDKTQBDIB:GJLOQOPJDHPVXTHDNUOEKVWOG?HW_]USVTD<@@?MVVRRMENXYSIPSOQILX\XWYQNVXROCKPOMQSI?GMS[WOICQYYYTNQZVQNPWTSX[[SEEEMSTNA?>KKER[\NPVSRZRU\X[a_Za]PLVZ\WWYXIFONPW]][WW[\WSW^^Z^ce\PLR[RXee`]_a\YXTPPVSS[`cfcQOX]SNONV__`bZWXSOIRYZ[[WRVTTOIRYWMNVZOANRVZ[YVUXYXZUTTMEMLU^_YV]dabhibTPQPPRTY`d]XVRV\ZPLOZ[ULORY]YSKOD7LRLIFMVccZQXQMTXUZ[XVYZVDKW]dgca`]\W[WRbkg`fe^LS[]^_VJY[MGPNQZYTU]^ORabZ]bYDIWXVROY]ZUSRU^ebZWVPNZ`^ZWP^YNSY][GETSSWVa_ZZY[ZWY\]Sahhfkqjgija_ed]UOSNJWRScihYU]]^_aehb^ZQXTRZQK[jrka_bUWYW]ZQXdinm]LSWKR``SPTQPWPWdc]ZY[VWXPQ`_[]fig_ZVYYZSNNSaqyk^_[TXTLT\\SRTSRZ_vzsqmih[bnpqi]OPV`ovyxledaosrimg^Yac^bd`\YIVQZ`X\osggnnmlqrrurnmljX[ipgde]SMIKLW[YTPOCGKORMLPRXUG\`PJRRKPRTQRWbgcZLDNHN`a^\YSJDRQ:GS^e[RSQORY_hkfa\R[cd]VZUJFSVYVELUWY][WYikXMZ_VNMQG;FQPUXYRQU^`WQX]VTXYVXVTPY_bgeinh]UYNHHMCILSUPKLF=AIEIYWUVTQQKRPG5>PRJ>HQRRRRQLLIG@>KVZWPKOSSVVTPRSSQPKPOJLNHHMTRRQNFABHKLOOI@KQZ`XJONMEKTXMJHMHGEMJ@CFNO?O\]TRXYZYVZXTYVOQTYTQRKIGDLSYVRMKPMJIONGDBIQSTTSMCNYWMJQTQNHNX^[LBHTY\ZZZVRCIF=EQVVRKFKJLSQWZOLORSZXYVJEOMNXWSGKQYV=>W\][VIBPVOU`[@KYRENYYTSOTZ_ZSRYTNMPKQ\YOMOMKLDEMWRLTG?NVH\_UVZWRXZTVRTUSMNMQTMMSWROPU_flh]WQAJdc[cb]TRX_dgfdWFGOONX`^RKRPHJRLWdbUOR[[SRVabW^a_X[aeZSMKUW_bcYOROMUX^e`XJBSYTQIJLIPTV][SV[Zb`TPRD3NRT\^]XQQXa^J:KQSW\ZYTWXTQS[RS]TKOZZVW_YNVRJJZ^\QNV`db]ab``_]ZZY\[XSIR_cUNYZUQQMPUXILQQJIMMKMSTXZMNWPN]aZRTWUXY[ca\`]PRV^VX_b`bebVSTQWXRUZbbV@LZ^^YQ\\YW[bb]`g\eli\\cbcjha[[YTKR``]^UNS\dc\[cjhed]Q_cZSUTVYUTZ^ajmi^_eab`Y_^fon`QUUMS\\WSRSXYTXejeZWYWSQSSVTWZ_]a`_RQY\\S[_Z]cVVY\[YYZ[c_Zff]QMH_{‹‡vda`[ahrqcZcfbihbkrg^^Wdol^\d]QT\^a_YXfhhfmkbegkiigcZ]cc`jmpurljibVO]a[VC;DKGA@NPNJRSOXWNTURPX[ZONYY\XNTX`cc_WTQNVURVXOMRRH;LURP[[SJSNLQSWWPPYYSMPQMW[Z_caXZddW[cbeNPXYWTPX^_d`XZ^frn_WVNQKHO[]MOXYZZVQKGLYYXYPKJQPGKOVYXTVU[ibSWeeYW_]`de^VYa`VGNQSU[[]TGRWIT]VWSXXLGVXTRPNJGJOH=-=>KXWVPS\c\GNZWUOLOYc^][[WTW[ZQJTWPCJNXZRUaaWPB;NTQUSNDFG@AHFFOIIINOQRPTUVOKNOKHMTWPEPNOVYTLLVVRPUXTUXZ[WYYTOQUY[PHKE;@NOUUOLIHAAJIFEGJUZVOX^VNUTUTNIOSQNHAIOJDFZ`VCIUNOOFKJEIMMRKLRNSPLHDFCKOOPJSSH>IT__O@9;R^`VRVZ\[SPPJMQSWOCDDDCLLGCIFGMQVPJNNISROMQH<;CKEGTUNT]WWRSVX`b\RNY\TGFIW\]ZVZ\XSOOUURHUZPGT^]PXWQL\ff`YTMIU`hqpeWXW\^SISPLTGITROMObe[XWRJMLVbbSMPOUX^d_TJT^[_gjedf\VVWWbhf\SY]OGOLOMU[QQ[YORXXJT[\]WM?NXZXTXY[`ZRJLPONV[ZTYRPMNTTTSVYWRQVPHNUTTW]_`^XSW\a_^^XVZVX_YS[YKDLXZ^VQ[aYBESPRQRSKMQLUWJFKY^VKMUPPRQSRNRMSORYYU[WRQQKQ]_YYd]KTYOQT]ZOTTU[bb`\]^^\U_bd^^WVWLVadbcfgfc_\XWONRY\[_[RIU__\TOYjmke_ZY]b`UOPWagiZQaeabaYRR[^]U]geYQPSSXZ[YI=ASXRPZ_ZY\_]YTTTWRKQWRW^`YW[ROXac\H4DX]ZZeffb`TN^dc]\`kv€}nYTXW\`c`_hkhchg^gjikhgissi`_\\_gneP`pmlou|xzxbZdedd\ae]T]ejnmtuhVXVXSNBBCDLROTZ[X[WUUQGKMOL]^VSQLPUYU[a]WTL@OSRUXUHMSM@BCIOV]XWVKFTSRWSKNRJMTMMTWWV^[W`e[RQZPbstm[TKRMP_cjihfa[`_gkc[PQQQW]aa]JPUUUMJNT__OMSWUW[WTOLR]b\SV`e_UZhka]XOSVYZZXejb]WMMV^^]ZT_cSKUTTLEPWNPOU`a[NGI@8IUYSQSUXUS\bb]XYY]WRSTVTMDCLMKSZ]USWY^^RIFEJU_^SJONME7>CJOFBNKLKBCMLFDA?CF@FX^YRZ\KNYUNG=GNRWTQNRXTNSOPQQSVNFG>ALOILLJIMMNJOTLORPLTWUUTJK\__WUYW[[NCDMOKCGMQHGCCSZ[UKDOUQHNOOK@?KKEIHA@PLBJQTOBJSRNLQSMRXXXSKGHGQWG?JEDHGNVKEORKPQMNSOMPIPNTWVRNA@IJLPLOMLQTVCAQ[VIEPT\^^VN8KQRNPMIV\]]_bd^_haJCOQ\_WY\_]X_hieQP\UJW]\XPHBPXSIHS[[`a^\XTSSP_mndPUYW\YPRUQVLCCQWPLS\estjWMR[[YRLP[`[UVYWPWefZPRNY`\VRSTYce_RRTSY][XXV[[]ZYb`[ZZYWW[_YT\\]WNIPQ\WJSXWNGMOTXXQTWRSVOLOQRTY\VR[`VIVhjdYLNTWQS\]TOPVUQTOSVMIMY\ZSRW`^SSYWNRX^_XR^[QGPU\^WUX``^XOLMKLSYXQJEHMNNJENQORVYZRPUXSUZYZWMMWWche^a`eecelmjdZVFgdacfcdibY\fjia[VPJR`c`ORbhc\[^ff^SV[]UNXPR]efdif_[``^eig`]YYSN[`YQTOIRZSIJNPUa`YLP[^[ICJQJGV^[XZ\\YZUTWQMV[_^ZRUYSMHX^ZSVWUKP`dca\hj`ZYSSOOX\SZcfaeljhjmmqqmkptm`\iljkpsrx|soqrturssgUR\ghbdaMIX\X]_^`^UMKHFOX^WEHSRWW[Y`^YXWWVWYVSSMKQMIUXRPPSTWQBLZ_VRZ[RXXMHOXW[^XILUMOSMU]ZUX\YPRNPRJTXROOYYOIYYW]c[]SBZWLTX[XUZ^\UW[[egYLXX]ilkdYQNGDFHOYgle^[`]QPPU]\[^[QXfli^dljjf]SRTWY_Y\lqjd`YQPG>SXUZ_TLS\^VU\XLMOO]bXHANQINOQJFNNKKV\_cfg^QNIFMQOTNRXQNLU]_]SWchd`WPLGMUXSKQTPDFORSXUSQF=CLSVSG@@KPOOKHW\VNOPV]VNMLC>ITVPKORJAHILMRTFJRXRMRVNILJG6BQPMLU\^YPPOHUXTNLSSNMSUPKHH>EMEBMPSGLVRLSVQCFKSWSTOHLOIGKGNPKGIMHCIIJKLKQXSMK@GMMROLUQDKUF3NLDDJRZO@D?DQNIIMOQTLA7KUQBEBRWWVSJJJNSKVTLKMJRPR_jg[PGGWXQIQSNSYRGANMDPVPHP\\QHIEEEJOQVVSNBHUVI;IZ[Z[WV[[TUXQPIWd`\_^Y\ZUORWW^``ZXMVT?DJJMKNVWSSURRVXZXTQUPKV\]bd^NNTKVZ^`ZX_YKHRVWTY[cosdWOY_ZOMWXW_]SIKQ[_^\TRRH@AKPT^`WTXUNNSTXWOVgigg_\[^\PTPR\XW[ZRXa`[PRZZPUTTVQFARPMUTSPGBQSJLJ?ESUWNNPNLJQYfbUUSRW\agdb]XSPRRSHIPYYRLUYYX]__fi`]^^^_VK\c[RQORXRVWTU][_a^WW^`[VPHQ]]\YSJM`g_WMORLQZWJJMKQS\[XYZWVSWZfjh]\^][OeVdkhggijc]gopmdXIHINU\VWagbcdceZZXRV\^[[TU__hkmomnicadklkf`\TLV^^UVXU[eb[Z\RQ_[SU^a]\TPONHOVVSU^a`XJZbVKMV\^[\[\_^]]VSQW[RHMRNSTZ`kk]A=CHGINTQW___iiklkd`ejcXdnmcfifay}umy{sepri]ZZ\^`fd^XRTOPTUSSNNLE>OUU\YONQLRSULY`^\Z\\XXW\XHDIOUWQKNOV^\SMMO[[XQTMNSRJEITVZ]WTUJFRPSYVTW[TMPRVXRT_ZPX\XSJD?KX^[XYUZ^[][PGWX_ijefd\\[`fdWPPQPUWUVRVSX_cgda]]XPYWX^ejkf\^fe[NT[U[WHHTSQZ^[Vagf^NRXQAKUWOUYPIQWYRQQQSY\[TOSYYV[ZSNQSNLHKSVW`eeZOTVQKPNT\ZRUQOJX^_ZFWklZWRUPHW[ZSJHKKJKR]_YTSSRFMLILKIG9DMLNH>KOKIMPNLOE=TVMPZXMCFKKJIRVOJJEHPL<=PXVOUUMDMMJLRTY\XQRK?IHIOMKQSMNPQXPJKWVKDJDNW[XTPQVVKFINTXZVSUOQROW[YLLLNQNFJRYTMRTLDIFIIKNOIJRQIHB6BSSQJFMVVNA=LUHEJIVVK>DH=@;EMSVUTVOMNSUTUTOBPSMLUdmjVOST]`[ZXPPIHLHHMRWYYVSRWVNMF?AQOKRODANVUNIRU]`URVYLFOMLT:NZ\\XRZ]\ZbfaVNGOUO^aVKSSMHM[[TNXVQTVSMLKYWRY_`cebVMJDF[_``\\ZTQT[[W^ffb_a_VX[YW^cb\[_]THPZZ[ZVXUFEMOU[WUUISRHJT[_ZUOPW`fg[PV^OQaZIOQU[^ab`]T\c`Y]XSMMP\_WMQTPDOTXUPJHHGTPLMRRMMU`\SS\g_OX`__]`YVRRSXXQJY[YZSOY__WOTaf\^^WMMMFS]YTRHU]YM;MUZ_ZZXHNXYX[YMBU^_XYPF]idZRU\XORSMTRINRY^UUXWV^b`gmfQOPVST`YckjgfefddffkogYPWSTXWVZTUcjha^SR\[Z_gf[VR[]dd`d]bgjjda_\[[]XHIT`]QS^cdb]X_\VTQTTMY^YXXWSTUY\[[^c`[Z`\PSWSP[_ac\U\__[SFVa[MU_WVaeghdULIKY]U\]VMJOY\S[bhd`SWej^X`mpltu†’‚}wmlqn`^ilkb_^\`^_bbcVLINQRPMNPLEBNSSQPX[WRQPZXYZZYSEIQQKPP?LTPU]XOOSZ]UY\SCOSFFPHFSUH>HNIQYVQHLINNR\\Y\UIDINQNQTXVTSRY\]QFCAT[PTXT\b^YZagbenpg[\WJJ\ffa\VX^[TPS[]`gb_WUVPLOV`_ZYcbccbbda^\WWMOQHHRWY]``ZZYZZTHSYUUSMCFLKJNSHETZVZ]YVPUOX\VTSRJ@JOHO_[TaeddYSQVVY^W\bb[OCEKQRROO^jeZQJOOVZ]ZRKJOMMLQSNEAMMSLBFIHLOVSPOH>B<@IJMJLOTQIDHTQJJHMRLHFFCKRROMJGJNWQISSNKMPQSSOTTOUYTUWPMUNMPNRTUUQIJKLDKYURJLOHMX_ZYUUSW]ZLKU[ZSKEFMQ\_XOROFIMJLSYVUSKOSOLWYP7GPMKIJC@@;HSMSUSLNLLQZZSEIJILOFKTUQMQVVYQRZTQNJQVT^b]Q\\`^LQ\\\[ZbfaYQPMII>Vcgbcb[PAPRRSW[Z[a_VMOVVRZ[RNX[UYZOJXZXWUX\ZSUZYOK\he[`a\]ZV\bf`[][SLSZ\YGGMYaaYPXNNSTT_b[VYYSNNTUQOKDMQME=FE1>LSRCCOF?DGSMGKQY^[QF8CEHNIAFGMMIHMQSLOMGCQYXOT^[QFHHCIKI@EUVPMWWWVLJPVTSW[\XUKCNQMJMIOTW[]e`\X[VTX[LA7BVSD?DNWZZRRSTQGLLFJIBNMIGIPSQF;BIORQJNRQMMNLJVYUJNLEKOZ[WRXTHHMKEGNRMLJAEKM@=V[XWWPPQORQSXXSOVVNGFFRWO7BKLJISQIBDHA?A;ASUOJNMQWNIXa_[XSOQPJNTN;>76MV[]_VRW`eb[VRTYSQZ]]^]RRNFS\]`dbZ\UW_][^`\XXQKQPRPY^`XPX[WY]UUZYUTRQUVKPUWSIO]c]U]\WUVTZ`WW][P@MUYTNNDGWY[^bcXFHZZJHSWQZ]`[[^[RS`b^c_[aec]^\TOJLKQ]^daXWWLCLVVRQ`ebZSLMEBOPSVQIENLPXUV\\`d_XWURHKSY__JJSNKSURRWZSPTWb]QROQRURJU[XNJNSX[[VUKCHTYZWU^aaZONVQQWWVTY\WNIMMQYZSQUXWXVWTZZSTRGEP\fecb^XX]fdPOPFR[PPT_dZUMW\[T[cc[R[_[_[_^_dh_XTHLW`gjlib[\VZbaWUZXYZ`dfe`RDXVLWTXVG>EMTT[\WUXX[gga`\OKW]WQWY[YOORMFQZVRUNJOSTNOF@RVQNUSYXY_XTWTTQQUcfe\VMDNYVQTOOWXOEPXa`_XOGMU_tusqbhx|wi^^XMPMJGUcnpcT]bVVXYZTMMHNPMZYR@@MJJTXSOMQKACMPIGUW__SG6ELMUXY]]UKW`_][OCS\X[]UKPQLF;HZ]TQ[_ZLKSONLT\`]WNHMQLSVVRNOIT]XKMGDPVNKUghdZORYbcejqnaHJOTZ^dbV``YY^^UYXNLSY^\\[YYX\aff^]`XOSabWWdb_TF\ca]be]T_`a^aYKMW[]\WXOARZTFINS]ccZRQVWTKSXNIV\RMEGJNNU^`aY]\XTPQZYZ^ac[TY[a\LXab[[UVRIJTXVSV[[SSRNFFLTYVOKRONKPVTGEING>LSPGFOTVQBGWWSROHORPUTDCEPUQJJNLGFLNOLHIKV\ZVXXMHNB@@@GLNNIHIKME?9DMPNPMMIGQUTTODRYXXSSQOK<=BJOTQOSSSRRYVNQTLOSI=>@FCEZd_RGNSONIGHSMORPEENMNNEQWTMIPGBRZTMNRKMTMP\XTSQORORQMG=LW\`cb^jbcege[RV_aeaXRTXURUWVZ\_ZSNQWVSVZ][VUUZ^[PLMUW^bVQ]^abWUUQ@AMUWTWXRHB?BVa]R]bWRY[\WMTa_ULPRMNIMLQXZWWUVPFZ\ZQNYfc__fgef`OT^YOQ]de`XVQUXULOLPT[aa^SMOJGSTIIRW^^VNP[ZQRUOU]ZPJGQQQSX[\ZW\_XNP[_ab][]X[TGQdjbZW\THOXaXQQVKACTUMFOV`e`ZYVBDJNRR[ca^[SJMU\]]\WGKRLKJNSUWSNSYbcWVPHKPVSNUZ]ed[TVRY]QKUabQDDXQJ^gbURYZ``\[[_\SXY[VR\chmicih^XZ`beefcZSSWQUYTGHP[dkplZNZ``cgc^VRTZaaZUQSRMN\e`QYYSVZ[Zb_RRSSZ]^YVVTUST[ZUSN?R^[ZTOZ\VX_XIP\SLOG[gia\VSW\[SXYYPKM8A_jgc^PAIMQ]\PPTi||m^WQQRNNQSPN_gf`[WOKVYYXZTEBGLYXRKRTQPX]ae_TNEIPLPUVLKZRLHGPKTUWZZLJYcf\VNBG[bZMRNX`PDKQXYQQPURKHJIRTRWYTNSVVWUVTPRTY[PUUONRNLVXUNaeaY]bV\e^Rekidb]WYa\WOS`_WY^XMJEQUKOPH4GXZNTdnme\W\[\^_Z`a_b]`ekqp`SZkplb\URPYWTX_YPJQYZPK]fhee_WTQUWSNV[_ZW[]SOFDJHOXVVYUMLQIMOOSZZKGSY\ULV`fdaRAGHCRUOPUKNSUVQIHMRXSKUULNMMPLLYYR@?GSRHHTUK=7=JC@GLLJQUVUMEBKSMKVXJ=HLMH=AIKNSVRRUNKRMLRTLLMPRJ@OXMGLNPPQOKPPNMORPJIKNILOINUTNJCLPVSQPKFMOILUWNSTMNMOQPJCA:>PPNLSRQJIMFB6=NK?GGJQWZZ[^`UDJTVOKINPPUYOCLTUIFGRUQYcbYUVSMXXKC@JUUZ]]]VIMVMD@8LYZTPKJJPQNHOZZVTQU^_ZQBLJCRRIKOHGGJRSFPTTHEROMV_YMb_]^QMQ@P_bjkbX]\XU\_^YWVYUTTTTV_cbcYUWYVPOB9@AX\XZeh_XUX_[REW_bVJTXVJD?KV`ZV_aRFTXOU`gcYSUXXVQT\baYELNMTMRWULMZfe[Xdlh_WXSSVXYZWQNRVWW^`\QHMTWZUYZ`_SI@>MUQV\^PU]]PPVR;EPZ]TKVVXUKHIRVWUMDKQRRLQ^^SW]Z[ahe\^ce[TUVSJRTPJRXXP;CRWUWVW^RRRYYMVdbaYLNN\_\WRROJNPV[YUUPONPT\`YZYTSOX_\ag_TSPBFMTSQ[afgb^X`_[`ikbUQUUTRSQZ\WUW^dfjllle_diebhj]Ya]WUSPTX[_]VZUU[`bke[gjgfc[\`]`^b]PP^]WOKUacVWdfa`]bee]WUMMWbZRRTYa[X[]XOKQ^fea^[^^\XSVTVM=LNZhg_V_cglk^UV\\TVWVSZVVSTRH@HUa_RUaql[NSTKJLRVULMOS[ZOPPSVSRVXSPXSHSUVSRTWUOSZ_\XXF>RSPUURQQPLKU_a\VNWYPKLZ`\SLFKZe^SPCM^^UQQNMOW[[WWNDU_]SWYMLX\XWXSMOV``VHMPKT]SN^c]MKX\caSYUU`faS[dfbPTYXYX\^bc\Va]ENTV`[IHQNHTOIN[fd^`Z]dfbgc`_flmbitth[Z^fjeYQ[WOPSS]c`OHQWa_WXhkd[TLINUXYY]\ZNBS[ZVOLSRAHSX^]XXYKCGEOSLHQYUPX_^_]WTUS:KOORZT>.BFQXWUXVLIMOJHGQ[]ZPNPDIRMTSTWTUPEINNF:EJC;@LSQ?HOOQLDBIDIMSRMMMIFENQLDJNYZXW[YQILCGSL:FJQTRKEKRIHMJ@QXVSQJLNMPXUPLEEGQTPVXOJIOTZQNWOKS[SJNJBSWNCISTQOMQRRRQND@@GSLDJCO]b`XVQHGPSQUQMMQLJQJ27LUUFEMVXQJRNUebSNMJDAIV[\dieYKLUURTJES^\[YWOQUPG=CLSXQOZ[IKRRX`b_NCKOKHKOKFNQLDBIOVXQFDJJS\]QZUIaknmf]\XSSXZZZ^ZAGZ^\PMafZ\b][YTVTPQTUQIMWUHJO\aYQUOKSY[UZad`Z_eZNS^_VJHRUJETWNNQJKLOWZWTU\_aXRKS]WQMFPVYSLKPWWZVMIMQPNIF@HSZ[TUXV^_XKVYTNQMLWXUUTTXWDJROOQQPL^`QEJRFRTHP][OQ[XRWb\QQTMTaedb`ZWcbWMRZ^YTX[Y]]VQF^h`TNRW[XYfknqkbd_ZW[`b]WTU\WKXcdWRXYRTLHSU\__[^`[QMLPGAO[\\]UTS[^WSQPOSWVS\feRONS]YQQRPN[bZIWbc`\QY]WGQYWTVO=>KPKNUTQMGONRQJCHQXTNNRQC4CSOMVPNUNKVVNLMNTQDVb_PISOKQM>EKGGVb_URMGCOPLMQLIJPXYTNG?7:@BJTSS\\NFHLJEHSHFXUU\YOPQKNODDJ?CIMIIRLJPRQUNJQMKUYXNGKHOSMCFWYYUDE@;>MUVPG9EQQPRFILMQRRYXWTYWUabXTSVUOWb[QNMSWZ_ZRGY^RRY\[ZXScklg`M@SZ^dilogTEEV]`ad_TLJKUWV\]YHKPMJNPSKIF\lh`_daZTHDNTWW\ZZ[XZ\d_PP\]WDJW_VMMVb``\YX_adZV\YZSDFFLQKPWUOFD7CJDIVXL?CNRIEINUPJELQRRQJEMIBEHEEJHCHOUSSPRMGLVWLSUMDIQUPMQUQY]RHDJTWK?LSQOCGKPQVYMC>DLR[[ZUWUOQWQJMWUHOTWRJRTKNSTJEIUQMLMIUUNA;DLLNLGRPGFOKAORXSFGHFLUPG@=BKUUWUNFHECKOF9;9AKES[XMHMGHRVRNGPQ>ERVLABNOPZ[SSWZZZYUKHFLLU]aZRK@ERVLNVX[[PVRD9;GLMIVWLSYXTRNZckl`WWVQSQTVRLQWURRST[bYQQ_WNUVUTNWef`bcZSTXTZ\`jng_[]ac`\_`]W[]^\\TLU]XXZ_`]X\_UO]\W]b]^baVY[PKZ^UVZa^R@EQWPNJKWc[PUZQPQQUXW_a[YTRW[_XOSVXWVKQ^\VNHRST_^TPMP[^XY^ULTZRBNRSai`VTPFS^^][XWVWWSPNI;>MPSY]VUXb^WVTT\ZTPRWVRURK[_YR\_W\d_MDNSQV\YSJPY[ZTKQSVTRLGHJWa_TU^_eh^QVURVUONXZSLYc`UUGV_[UNPNKIRSUQQPVZ[]`\PW^[\[]WHNX_`[PXW^krmVSXQPRXTQWZcnnjkpvrcKQVPPRWWYlzyhY_aWU[XPQMV_fh]OMX]WRajrxzhWbd\[WLTV[]ZVRBEQZ^\]]^XWYWOOV[WWSQ[_cb`]\SY\]\^`_YY^\`a][_df`ZZYZXU^aWOQWWHPaffkkgilmh\VOF>DNNY^VRgqjZ]a\RNQ`bODKRRRU[^U=JT[_fd[MNKQdkaUNLENdiaYNEEIKRXMSXTSPJ=AECP[\\VSSQXYTUOIS\_\WRQUVTTQRPGMVLFOQ@BEKIPSTH:BLADLPQYVKP]a]Z`_XGS`^^[SNSVRINVUPPQ]d`[[VDIV[ZSMSZ_[QUaa]XTRVZU^bXEV^]b`]VPPUXWXbeb`ab^UbdddjhZOPRWYOHPZQLUNFIMJGLQ[hlhcdfhfTCVS>JRQZceXR`bM@TZT=MPMJJFKOPWVLP\\TRVWLMRMBAJPMIIMIEMLJGCISURUOMPNQPQVQHCERSNLSXXUMB7@EESWON[\UQIOQMNNR[S:CNTXQ:KRSSRKIMUYTCTUQVKARUOVVIKRROV\^\VONWYZQIGRMFJBNV[]ZVNFEPLDFE@;EPRVO>KUVXROKGKU\XKGRTOHN_e[K@KRSX[TSW`d\WTLFTXZ[VQX\Z_e]TSJ<@JQV^bYZelmiaRRWX\WSMGPX`_\XNKQTV[YKJZabd]UQQRMINT]caZXVHHWdgddWLW^RHLSYSNRY^]TOLS][TNQUX_ff_\_^UZ[VRSX\`YUY]ZXT`b]b_^\YV^d]U[b^WOYZVR[USUSVSV`bZXOOYZVWUU\bikgbXVdf\QQU[_bbba]LHPN]dcVJ?GU]ecKGGJSWY[Y^_XXVXVUKRUQSJKRX[UHV]XKGHLNGHNWPMIM\_\\XKMAKTW]]YXa_[[^\bnonf]``fjkcZahkhhopkf[SUQW^[KHYekojc`be^^ed_^\abglePRZ_cX\\]ciputkZYZVSWYURN?HTXZU[gV@IPUZ]SPW^b`[UTPOQRWYUSRPPVYPMTUPVUV_eaUMX_UN[]ZOS\XNDJX_^WMGEQ]`XJMTUTTLGKMJOXfkgYOQY_YR^ZNONPMJSY\Z^_]^][][WNW][Rcmj\KONHONFOWYVQNPRVYQLNUNMOVSQLKFR[VPJDMMOPNHHGLRSV\RPQQQZ[QIJA@KJGKIEGMSRF?IEHPQQTcd]XJEZXNIKKQID?>PVTXVLNUUYXRKUZVTX]TR[QLMH=FQX^dbYOTaUNV`fbSNJJPNSSSPVVOU\_\^^SXfhYUb_^a^Y^^[ZZWWX[VSPXil`Z]UFLQXUPUYWSSZQ:Q^``fiYZ][`_`b^RWVQTRSTSOROLMQ\a^ZVQUHKQTYREQXOAJNLKPQRSG?KMJLKNRIHKQXXREKSQG>HSVUSKMNGKMINRUWL89GOLDAPURWRPLNSWXPAGQZc[CLTPE:CIF?<OYKCLZ_YVVXVUY]a__b[T`d[\b^`\[[TWZXY[YVT]e`NSJIOGKUSJIV`\[WKQXSOX^deaYTZTYaifVIMSY_\VGHU]ZQSTPPRRTTSX`cbZ\`YXVRY]cgY?P\ZY__FT`jiehblutpnuokf`a_YRPOVYZ\VJDIT]hgbabbVR^gcY[cZ_fcY\]_a[YXWNNV]fhZQV]\WSSPROGPPMY`_RIOJO[YPRYZZZXWSNSRTSVVTXZTNVZ^fdWQTJPgkYSfmeZ_^WQPTTRUV]\PLJGNRXWOQ_`YYZZONcaSPfogWQGISSN^^[QKQRNIOTX]]XRX_`ZUWWZ\X[b\QRWOLPLDWXOOONNJSXQSVUVRGJ[^\VT[_SBPFFUVH=JE>GTLJVTMMUTZ^^RGJWYKCP]\WSTVTITZVNOSQ`ocOVXSSKJDR\SRXUHIOTSU[]ZXVWRSURRTQO\\IMTTKMIIPZ_aXOWN=CZfefcSMT\aVOZYXUX]bc[YZb_`gaRNZgnloj`^b^``b^de[gtgTUOGSS]aVKad_XXTPRXYUblidcbd\ZWXZdedX\ZSTTPRYZNNW]Z]bEMNJFRVZWUQN@LOLMPKJLKNNHFONNIFJHNUQJCHMIKNLLF>22;GEDGME@QVNEBGQK=GPMNKCCMSNXZVLFHV[YTR[^UCDKH:@RYVTQPSTSYUMNF2@RPPQMOSSRKIJIIIPOSYZNKEMJITUKSXSLOSY\SRTNKTWTXWKNUUNBGQUROJAIIEA7BQO@HT[\VMKLQPOQMGHNRRNNKFGMFB@BIQRKNSQLHBBKVTUVVWXQKOTIHPX[XTPLSXUWTIQWMLOQQITbfZOSVTNOTRPEAUXRTPPTSZ]R@LV`_olic_UVVXSU\VGTWSXfi[eoiXNMVWTQUULHJKOQO_aYYY[__WY\\NPPNSYYTSV[WNLPUPW[SZaabcaXde[\aab\[VQU^^\UYce]]\TKT[UQ]dd]VVORVSRWZTKS]b^XRMOPPQYa\S^d][YTSQYU\nvsjgcWRSPNOQVZ][\YXYY\WRLUVTYZPLTLV^adgb`^ileTUWSYVRU]a^ZZVNGQ_bZRH@PW]c`[POX]ZUJMYVV\]egba`\SYbc^WWSOT\acbVOPOOSVOJTUPMR`lm`LUYUZ^TNORWOS\[ZYZ]Pc]XX[_\dllmuxtje_UQHLW\Y``WLR]_\Z_\ZWSTRUONPQS\ZZac_ZVWX]VRXUQRS`cc`WZ^\TX]]XNHFBSakj[T]^`YEXbYQROLKPQUXXUNMT[a]RU`efb]WTUSQKI[daZSSJHNYYXbdb\RMIOJOUVSYa`[]`dZTdgYMWcb[WZXTKKWQOSVUGJKOSKGQV[[TLMQVRQVT]dYNRZ^WJAP^^RGKRUGJTRV``ZQTYYWZVUTWXSVVNUZTPQLAFMHOSRUPWYYYXJ=GR\VIMVVM?=?KNVZ[YRLKNQFAQWPLPTKGTW\gi^MRRIV\_YTPLVXSWWNHU]YIHNQKPXRMQSTYQQMNJPUWWTSPKOS^\a_WOTafge^`i[=OYbgckrqonorrljgjfca`ek`HIQTWXYe`TV_`Z\^YOZUKU[]_UPU^cWLZbff]TUZ]\UNT`fYJWffXPPOVWTVVRMMTTNHPPLOPNKJMGBJRPNA00DSNOQQUNHRTKQOKNMTO;MSNMOSPFGQWRGDEEINRTIMHHT^`\NBOYZNGKJHJNSTLHLPVNNRTOUWQUUSNQMUZWRNKRUWUOFGLMGSZTMQRLGJSOV_\RNQRKFOMB@U`]PICITPOTIIQMGIJMPSPMMHD@GGJKSPJMKBENEHJNNGMRPGFSWRC@HHNIPVVQJ=FPC=IQSXYVKISTLOWTIMSH;MTMMT\]OQTOPU`ifVOZ^[][\\WDISTVSPTVQOPSRKHWYcWJVWRTWSPUZSUX[^YWWUS_ZWVRXYRLUWQMFGQUUX\^_XVVX_][^TSXVTTY^_[[TIFR_^TJ>GPQPac[SSLRU^`VQSUOLRQU^bZX[b[MQXK7HU]^UY\\]YZUSVUST]_\YUNT\cglh_Z`_ZZWXcjb^u†‡xg[TSSENXWW``WTSKVTUW`bbVZ\^PCGPOP]ccbffggbWMPUVTRVX[\_XVQLKX\WPLMEM[^]XOOS_fbXXUNUYOLV[SWUPRPUNS_bYV[[SNMINNMNMGCNPHLPWfi`V[chh^TXTUXUX_[X^acYccbSQWac]]ed^hkidYTMKV]\\a_\Za`V_gWTYZJGRW\aULQ]^fg]PKP^dZQVXXYY[ZWZ`_`^ZY[\YULNYWU``VLVVUQSRXYUKECRUY\_a_a_VW[VQTKGQVVYXZVQMU[\jpoi^RDHNWacdSP[_\UW[YTXUZdcdh^N[a`ZTQMJPQQRTQSXYUSONZZRHAIMRUWURMJLRWZbgd][VMOQOKS___\MHRNCMVRNSJHVYNPPUWSKSURUUYda[^\QECFS]a]SQMJNRUTY]VW[VSRNZZMNQU]_RSRMMPSTRWTTWUQOS``_`^Z`ZLMWZRTX\_]Y]XPLTW[WQOVNPSX_]_da\YTQ[aimldYOPZTLS_]OH[`[Pcic]YMN^kpmif`]chmoonjhiga]cdZH?EPTKJ\^YP[bdccf]P`\S[]UQTASegdaaceb]REQTJVjlf_SJ[aaTPOID>ABF@JSNANRF@RTOPSJBFON>EVYVVRUSSI;EMPLOTUFFTXQKGQQOVSRTJ>GQVOLNIE?ETVPOPOINPUXSOMNPEKRJGKSYZRJKOLKOQWUSTOISZRMKE?@HKPUTOMIILPJKRUUQPVUVSJGLUTQKJT]ZIOPMLLORJIRRUY[[[___YRRNNOMKLIBKOPRQQQMI?CQVXQI@IOIJJV]YWZZTVZ^XVX]`a[HTVQSYTSX__[UMJY^UQWYUQJQVW`d`YU\`QHKU^ab^SROPSRU\`[TV]XSW^^SPU[[ZMPZUQRYFQ]^XUNMVRBMYYXX^`_^_RLUWPLVTRSTZVOLPZ^efZV]`WJOUTOX_c[S}”—‡iSQMGT_`XK>DKQNVROOJMSWOR]`[URZYWXZTKV[_aea_]]VJOX\^YPNRVVNOUURHLYXPRSXZVKZ`YRJP\^]d`RFR]]YQUZZVPSZ[XWWTW]ZOLRRRRGHQ`eaYZ][Z]_YQ]dbVU\_^S`f\IHL\a`YWZ\_aY]kk_OSXU[\Z`c^TWURVW[VblgRUYQUgf[UWab^VMVY\\XX\`\V\[XWZb`TW\`^YY`XVccVP[a\LPYYNT\^^bc`^YQMLVYVUWWY^^Y\a]U[]WRW\`XR^_df^TRX`c[UXZZZZWU`eaWT]efa]XWUWTVUX^\UZ`]\VSQUWTWYVQMPZ]Z[PKW\QQWUSXWUSOTXRVVFLTKLMKTOPRRSOSVSTPQG9PU]`SRZYOPUZ[SGOLFCJUWRXUB:SUNAEONHIKPRMRFBKX\QIHKOSQJB==LTY^\WSQOIT\]I;^TX\SV_^SWZUIDD?:MVOAAPSOPUNNUSICLLOUWPNVSKDNVQJHZZTORUSC<>GTZVRY]a`YG8GPFMSWTDGDPYYTY]^[^dba]]]ZVZcWOX^[QU`abaZSNV\a`][\ZXWZX__\^_XZ\TQ]`ba]ZURXY[URYZVQW_\ZSUWCHV\Z[]]_]UKPKNUYUWQXaVLOPUVXZWTZYPNQSQMDDFJWXU[TPPR\]VUWZ\SQ[\YQTV[_s€p]OKUSOYXNKHNVYUSUYVVVOPMLT^YMJRQQTVV]_^WV[`_[UIKT^\][YQDMUTX[VOQVUVMCPVNNOKX_^TSSMJVZWOZ_[JPVac]UMGLR`ba`^WWVQNLRNKFR_[RY^]cggaSRJKRWUXUSU]]KPX\[c_Y^^[W[inf\a_[fg^^cea^[YV]VQYfssh[\QAU``X\a_]^_YLRQSWV\[YY\^Y]ab_WWYgkd_aZXWUQSZbd[[VLUZUMOOQ[`UR[^\ZWY]WTY]^]MKW]YU_c\YaYQUUJMXbjgXDEY]W\^]Z^\VU]]a_aZUOLNVSPPUS^fe^\VKOVPMONUSQ\`ZPKIMZWR[YQQSQSSPRLR\VEJORPOTZYZ\WUSOBLNJPKMSULFNPTQLVQMVUXWXVNO[\WZZVY^YWVTQWSJT]VN=@NSPX\VNKLNQPKNGGMUSTWVRPST^YPQWTNKSa`UQUTOKXY^[S]cYRXYTTPOSUZYJNQTOSWVKNXZZWU\aegjjf_Y^fe_caflhaecYMehd\XRYXPU^SLWYSWUKNTWYVUQGFSUNXYP\hfd_[WZ[Z]^ZSZYV[dcb[WV^jkghpqh[RU\]\_YZaFNOFAIDLTWRMILSQRXQQTJ7ELI@E=KTOLQTSVUILOGPL;DKFGXaVILXPIKVVKLSRC;B>LVUDCNJSSJKOMFBDLOIIWXPCMYUMUZUYVOUVH?IDKRNGFFKKKKHGKPMFKUVPKW`ULR[^ZPLMMG=IVRMMD=@LNOLOPFILHMVY]^\OV^WJ=DSZXOLONOTYXNDLLHGIJMPOHA@EJLJSWMKQOSHIRTOJGBGHOSOFCEOLITWWZURVQICBNTMNV_[QNMKPMRTJKJSURWYH9DJIMNLFKTRQKFQSJHP\TEKWSMLOSUSRVTLCFJG@LVWH6=CG?NUUMIPVQITTLLTX[VOPRLCMQOUP?HWWTNWXNMVST\\\ZSQOQG@BJMMMTWQM[[QPRPQNLPU[YVPPSTUTSS]a]YTHEQY`ZIVdgeXY`]ZVSV\^\TRY_``YRUUQNABSRHR[aSVa\IMRRX_`a][VOQRONPIPRUQS[`aWQW`cXKRW\UQR\YQPLQ[dbWXLSZTUX\XONIOUUYSO`d`^^`^WSRTTPQKNQMQHCFINKLUQNSTTON^kpl`Z\]`RHTQRZZTVWU_ifVKLFPUUTVVMRRVSQOab\YZWXYTUYXY^kmeTOJGMV]\]WRACO\WMRPKDLIM^cZVhohRACH@FPPKJPWVRW[YTWWX_[MHV]`ZN>OOKKUUZ`[\ecZW`_WPWbc_`\IZf]A_cfhg^NKVTSVXaktvog_QT\ZQQRVQW]^a\W[VYi`Ralk`[XV[YZ`c_OG__\ZVRZXPYXRSSOKKMOSLGMW\ZZZ[W\^^`WPTZ\YUVNRTZ^UMQSQT[]QOX`^\WPSWSSTW_c\W[\effeehfI7S\_fll][`^OMR]c_YYVUSS\da\UURSOQOFR]_[^c[TVKMZZRRSJMUST_ih`RNNQJKOOPPPVXW[\THKUZUJLNOXdbXQLLFBKPES]\\][UMSXY[\SOV]]YSNOV\]ZPMKS[UNLIRVPIDKUYTHGKNRPTYWTKMbjeY`ca[[WJDKIMWWQOSRVWKKLOY_ZKEMLG>>JOOVMGQONNGM99RSTNFDNNNT]^VPMFCFDLQV\[\]^WZZQJIJQLJJNNGGJGMRPQJEPXYPRR@=QQTPRUVLQQQG>GMGF;CSOELLMPNPPNTZXLFMRVRZ\YJKSQNLPOOJRZ[Y_cYKSXVTEDQOA8<=L[[NKTSKEIPPLLGOPPUSE=FC@ATTCMUWPNR`]SW[[XRLQW\\^\VPWYSH@OZZKFIIY_`YQZa``VX^]QORRXYTNQUYWV\cbYPb`M>QURUXMSb_RVbaTNZb^WRORPTQPRZ]U?@INUVNKV][NHT^UJYaWLPU`a`^QTMMYVOTYWTQPSUWZ[`db^YPRTMPTWZNNRKLWXLNHMUWSSWWXTRCQdgbQILOZd^XTFGZbac__abZOKRL;AU\ZPJNRYUX_gd[MAEITWMOOLOY_^Y[[V\ce]WTPAKN^a^]QFDHACU_]^he\ROLAMRVOKOKPTOMUSSPLPIMPNWWP\khVKOIOX[MH[f][`b_a]Y```cdadaQUa]be_\`e\[^bhppdWVST[ULXZ]YUUURXXUU^jeX_hfdde_ZVZ]d_TNZ^WMTZ^XJHTYWTTOX^a\TQV\dgpo]KV_c_XXUGJSOPPPQV]]Z^_ZU]fgb[[YSSXXVOMZYUVJL^egjjhf]VPSWZiopg]djhYLTVbeb\RQ]a_a^XQFFJEW]VXPKWaed[Z\XPSWWX[\^NC\klidWSTQMH>GNRS[YRWWQYWYZZUQX\b`]SIEHLORQSUUSV]\XIKYZR=CVWY[WUQRW[WGKTXLDPJAADHGDLMILPNJJVUMGQZTPadWOWZdaXLKVYXSOSNIQZTJNQVPFJOXXVPNIGXQQWXQSVZ_b][]c`XV`WCTcaZZ^]a[RUPIPMQYY]XCBT^ihs}iH>BMR^cWIUVRY`^SMNU^]PRVT]dcZYbaW\lso]LTZQLHEMPMKRVUQQILULMTU]gfRII@>FE@:K]]UXUSNOF?LOSYQHLTWZTSPOOQVURSVWSMA?BJROGHMONYXONTPN=@GOROMRLLJKPRUWROOKFOLBHMSSPQOG\bWQ\\WQQSUTOMNLMPHLT]ZLEIQPFHQJPTWM?LXZQSO@IRKBD9FYc]ODKNSQTSQSYPPTRSROQPPIIQSRSPOSGHFLUWVUNMPSTNB<;AOUURIFR\ba]SZ]VMOTTLJPPMJQSONPPKKJMLOMEHHHHLOPSSPHHGJMOPDJSPKTUTUOHMNQYXX^`\]^a_YPQRSNO@NUSL^\^[VS_]ZURV`]TQNNTQLMMOSXW\a\Q`g`OT^]^aa[\]SLX_TNW_ZXQHJW_ZRPTWQJOJKU\SKMMX^Z\_\XZZYQR^ffbaXWRQXXahdVPTQUTX]ZXdaU]c`VNNXXSQVZ^\W\[`^TKNOOSWTRZ[[`ZRGCRRP][UVSX_bd[X\ZR]cXRUK9MVSH>>P[ZTU][J:FJMRYXLPTWYRPHHRMUdhaVPKKXZSX\ZPOZ]^XZ`fgqwnYTZOR^]XWXURU\]ZXHNCCKMVRLJBLej_PRHO^a_cnjSMY_]TV[`aa\d_^^Xde^]fllji_XY\dlfQOSRMOW^dedc^[UQVTLKYd_V[_[Z[ZXTN^db[UU]kk`XXWTLRRPSV^`\YRSXZ[adjsudNX^VYPVU>Sb]WNRSNUYTHQYa__efXVVSVVDCUZ][SMLUbqqife`[[VTSXchaWZijeVMVY`^ZWQUbge\[][OIPRT^c\MTZ^ac``faUNQY\ZXZVSPV`be^V[_^YJJRVTWWSWXR[^OJSRVYSNT[KKUOPXMLV[TRTVZ[UPURKHPRNG[]P:DRXS=PRNNLNNPKFGFINGCIF@INLTVOJTWTbeZR[b_X[XU_]Y[\UIELSQNY^WTPC@NOPIGPROUW\ecPT\adc]`cbZZa`ST[YXV^]YOOWLHJON[]Z\YMJQX]^nqcR_]jqsndepiadf`NO^e_YMLRRY\\VXcaX]jleYXVTW\WULE?GVVRWSNJKNPQS\]UYUGKNSTKIVYWVRROQPLGGGDKG@HLFRYSAEVROZa\LR]]TKCI\[LELTNKRTIDCC>CBIQSQSOKMPOJKNGGNWUVVM@NWUSVPP\_RIOTXUOOQPGGNVWWRJOWTPVXYULOLGIGQQSU[^WYVOKPOIGHHLZ[PENPHCSVTMNROIIJNJKQYXSH@FMSXZSLMNQUOEHMQJMRKIROPUVWBCYega\WTQEV\WQSVYPGOUUPQTLDCHMMY[QJIDMTMHENMIKQWZRICOWSP\]XMMMQPLNSOQSWVQSUKKPRMIGRW`bWXUYcbT^c]UZ^^TOU_ZTLNTVUXUUYSRKY^RK\^U_\[\[PJETZXUUTTWPEMV\_b\XX[ZYT\]SOV]fcbjj`T]`ZVPKV`bbcWNWZVGS]`VFSYPTcg`MIIFSbd[SP`]VR]`YZUOZcc\WUSUTOOTTXcfbYUJSVMLGR]ZRVY]UIINNT^WNURW[UJQVPPXYMGPRVULHB=SZVJMKCBNPVOQYcdXOMUU[YQJLHUY_fgd_[cegliaRPNN\^ZXSQXSPWX\\ZSDNMIHLLJHNQNLRNQ[]`_d`[VWXYVT\`]ZK]bedZ`djgfntqfT]jmle^PVZ_`\bgjkhaXR_`ZPJOV_YPT\bf^KM_]]cWMLRV^cZPRTOSZTHSVYYQIOM[b\]dfc^\ZWWYZSQQQQT]_[RTQLW[]YRU[TLXWSTTW\MTfe_^RVVWfdZXW_`YYZWVS]caSFW^caRSZVMQSMNXWRTV[\UVY[^TNXUWbihhb^a_ZWUZ^^SKMU[_\\]XTSV\YRG[]VXY[ZTV[\SKOTSIARSYW\cXLVVUYP@IJOWXSJCGHJIMRSYZU[_ZOIDWXNNWTOOEBFIWYQJPTPPSOS^\SPSZY\ZYW_[KOOX[VWWWLEMMIMGNTY]PDL[VOVQKHDFBTfib\_^`ZNR[_VSWWKT\dih_\Q6?OOUSKES_aa\STTMV]bdWX`inphelljed[UYLMfuqaVLPXO=;M[hfV[ca\X`\VXb[VUOFBXWHPceWHHNTZ\XVWR@BINPKOUVNHKUUPNNIGIGRRPRQQUVVMLUSPWXLXYSQOOSUXYOGMUXSHPQMSTRUQQOLXXMOUQHIIJ?<@OUZ]U=GVQPTZ\XSQPFDKIT[WPQLS[WUSPRWTRVSTPQWRFHHHHNVWWSURRLKOUOITQSSPJC=CDMPJFIIORKFPQDDNSUKFLNONMJCCGENL69BDFMUSRUYYOKNIFV_jf\TNIS^a`[VQPIIQECOMPOMMIOMJTRHNOEKG?C@ANQJFEJVQELPIFOYUQVXbaP8MRSXSB@IKJSWRKR\[XZSJBKLGFINJJNNKEMPJNYXTXXUNEBBEEHLTSAHSRROAHLGLSXXVICLNFINLQTG14NTMLOLHMOORMKIPWc^MGDAKTWWUZ\PCSUOPXSPSWLKNLIAMSLKQSSOKNLMHCDMKQZWRW_aXTZYQLMOKPSX[_]SQYPFDGKJOSPOIIHV[PITSUV[^[PEEOW]Z^je[VY\]\ZZXRPVUWUOOUVUUVXOLZ_`^SKNQNQUYSU^\TUYYSNHHKZcb]`eg]XWLGQRKFEIWRJQ[Z\LLY_\XVY]RPXUUS[^UMLTOPROOEJRMJFNXVPSSDAGROB1IUMGPTSM?SUMGPYXNCCKMDCEGJJFLL9COOJ@ESUOIOQS[\RWTQKILONTW[]WMPTVXSAHKU_aZTTOJBLZ`[[^b_Z\]SSZYWZ[a]SPNPY``[YSZ__dgc^^bb^ZUQSV[aa]^fjdPS^ZTVVYZcbWMdjdRLRW[][ejcWSQNNME@GIW`]WWXUW^ZLHS[ZPMY]`[V\`\XOSQOYZ_\TJIDO\cebW>LXXMYaa_ZU_\X^aXWSOKW^]WOPTPQX\TW[[UQLW[\Z^\TXZXUZRTXXZ``KAaf`YOVQ@ITSOHIROSZ\WYYQLOLHKNOOKW^UUPGUYWRE=OZ]^[`_ZWVTVMPSURJFVWOPJ@OKFCFLNVafa\YVSOQXYVM<2JHLTWRSTU\Xa]TYgeVU`geWSVXSZ\`_bbZD:JQVSP^d]XYbjkf\TTULO]ea]YVZbbUK[eljUNZWZcaSS[US\gji^TQVVVXTS\^XXZ\YXcaXZ[Y]_ZXOOOU\ULP[_WKRQS\VTHKY_]TDILVWVX]_Yjle]VVZ\YQUff\VUQZ^]VTNJLNQU^][NTbe`fe]be[EZmpbQIIIQSOGLLLLS\_X\c_POIU\RNOPSTOSZVNQ]YURGDDKTY\b_]WXX\]NJZ]]ZSKMRRPOLKXZSTOFPSPUY\XNFFRUQQNINWUKKFMWSIKOLS[\YQLYY\Z`e`OUZTVYVSRPR\b]QUTQX[SAF@G[ff_ZZURMR]_bULX[ZMMONT[ee[PRNQYXPMRSMQZ_]YSMR\fd]VZZZ^YURWVY]TW`a_gpl^[[_]\[^cgffa[`nk[R]WIUTN\^VZ\OKZacdY[_[STYYSOHHPX[]^WRKORMBFICGOHJZZH>BJRWWQOMQVWad^WXVPJOMKLGQQKUY[\a_VKTZZWPOSSSVWOHIJQSJAII;BFNQRKRWXLBPSRSUHKTTNNUWRJOONKQRQQZXLKN9@OTY\XORLKWWQONMNKGFGOQOUXRQRPSRNJHRSEGNFFGHETL7MVKFKROH;6HH>EMNDAFJOLHJW^YW[KELSSJHKTTYXSWWVXUOLJPRTXTRQKOSRTWVOHAFWSH@FVUKEKQR[ebRHF=DSRPRXWRPIIOTSTJCNX[VFQWROAZb_NSXWU\a^PPYUT`d`WY^WQT\]\[OR[XVWQT\_aceaTONMT[\]]XXWLGMOOR]aab\Z]_]QK`hYDKSYUPLLJSYTRTRR[\XWUXVQRWTQW\[V`bYPWZ\e`TOOSPIPWRIONN^bfe\L\d_RPLTYZWU]_bb`]ZZXUZ`\ZZWSVTSXZTTUVRLLN]]VRZ[_^US]bbfb[TZcil^LIU_\KHRYYU`fdfbb^UUTLPOQNNPUTU[XSVZZRKCV^\`[\`\VVQF@LUVYQJEJOTRPORMLAM[^\[[OWa_LLOW^_UBEVURVRTXZYdYUWcnqeW_a]VS]dgfaX\ZVZYa]RWYPZc`T[d`Z\_b_VRVY_[Y]ca`a^YX[b_JXfdY]`XX]\VXcbVMNPSPMRYXX_d__\TV__^XQOOUVPRW\XWRUVS[\PV\ad]WSSV`XR[`\ZXTSQNINWZZSOSX\_egme^dcZ^ZRPQHV\QGR\fhgbb_Z\[aicZ\hgYJLTSTROGFLMUZ^^Z]c_MMONXYJOUSVSNTSNJS[XTQNKPRUYXSRVXTX_\OPPXYTSQZWIENQ[YOTXUYVLW^YNJFCSXRB3GU_[ULC[aXLRNVa_YSPUEKSXbjjd]ZWLPX^ZURTYWFQ\VRLKHMJNW]_a]YW]cieWckeQLUSXUQXXahcN;JHBLRNENSXZTMNNTOK^f[QNFMUSVQLKOVTIKS\dc^RMW]Z[eiikkkiloxtbRVVTNU_bc\YVSQY]WPRYXRNMTUTVNFPUTMJPUPFGMQWZUJIQUUVWUIAIMDDGKTQLTLHOSSKQVVU^_TRZ]WLPWY[REGGLKKSXTRQLEGSQO@FGNSQUSSOPTTOGHQNKS[a`WLMLEEWXNBHKNW\_]VLSSKTUSLHOQVRV^Zb[TQV`[V^b]blke_XVVWXae\Q\aZTURKQ\`XIPbe`VR\`a\HGSPK@MSDIRUQU[W\`[ZXSOORQNCT\XNSYXMT]\b_Za]QPPOUTWXXNTYZYWY][W]_SNRVXPR]^VIOVW\WIRXWQSV_dYVXY\ZUPKLHJGES[]SUYfgc_\WRUejb\XPSUXUCLR[^XU^a]ST^ZOPOJKIPPSVQJOR[ZKNTUZ_]TZUDT^UDIWSLVYXPTYWQSRS\YILOUX`][efdfdSGTUSZ\YJNSSSIFPJIg^_`bdknmph`ULUbgicSQMMQT]\TLKOX^^be_HK]ghcc[de_TTce`YW]`_```YU_gbRY^\LS^^UV[[SFHPafg_YNOW[YWW^^SNRRY[ZYZYWQT\UOTLIPST]a_YdgbYXX]]PMbb[F:JRKSW\VTZcea]a_ZYXXfaXUVGENIJSU\cjhc^VRTX^feU[ZTC@GPXP^dbWTY\ZYXZZJAORPTUQSRNRMJINRK@8>>IKRVPUURKT[VP[^PEKMLPXTPKKMQVVWZW\_\YUGQ]WRSLITXTLJLTXWVQMTUQKJ>L[]RFNXGW\\[fc]WNGWb^]aSX`XUSKRPP`^NOTVWVW]`\]W[ccVV]`]ZWT]bf_R]gjbY[TL[\UOX\VQPVYTROTbc[]^VY_WURKLOIKOKV^\YSOSJP[YLXgh]RdotsfRW`XVXWVXROTVV_b^\\\WD@CF?3>CKJLLOJ@OVRNUYY[`]YTSUPRTPGEE@CMSLHMG@RWMFLQNNOMLLMNNTVRPOMRHLVY[_a[TURLVYZUSRLNOQJKUXRQMJIUZPJKMMHIUZUQORPNI?PWT[WHMWWUWRX^WWSGLROHUWQKSXUT[UUYTGFKJEHINUOOROVWQLKFLPA=C;GXVK@MQTVVSIINMNAPSNPTOTYYZWOWY[SESYVJWkrd[XXUYebSXYZacefefd^[ZXVU]bg]TTX__fhe^a`aghed_ZOPTNOXRP]]VYVSU`ZSRY^[JCFKIPUWTPMR\_WOQVY[[Z\VRLHQSTZ][\bf[Nc`PHSYTDKVVZZLQVYa[Q^bQS``UHQWYQNWVPLRTNOLRXZ^dh`\_d`YQTVSMURIMWKHUTTSXSOYac_Yc`T`aSBQ]VITSUVPCP]Z`_PQ]ec]Z]\dlmi]PWPGPVPHR`aWHKFFRQHQXVX_fnhdb\X\``YZVPS\[PMWRRY`ggcamke`ntrhWQWbgaPGMORWUVTWSRXYRU[\TNKOPNTeibXRKIQY`a[[]]caZST^cdd]U]`[ZULT``]_^YST\_\TO[YPTYUOY\YUTWY__\XWYXWXZTNMY_`OHQ`e\DKV`c[R]\VMOUVPX__XM\b]Z[_\\^_UX\^`]RMPPRZ\XX`igYQUVRSUOL]aYKF:LURY]`d\XTSZcda_[WOMSWMPLIXXZXNNMTW\_bTMWTQI?PYVKM]_OEVXLU^\RNTXPKURSQRRRJKILMQ[XOEDSTJIOVXVQUVRKRUZUPPOXUNYQZ`b\XX^YQQ]dc`bZNFMQVX[]WTYVOMHNUVU]UIK@L^a\\[T[`\VOQPN]c^Q^icW\\UXXVJLU_f_T`ggWP_`_\]STVNQ[[URESYV[]ZVZge]Z]dhbZalnqi\\jcWUQGAKMMLUbc_XQULNONIKMHCGEO\\WTZb\OWa\LWbaYTMLJKQPE?A@IODA@CPOLPRTRHGJQRRQQVXWSQVUL@DSUNLZ\TOSPUVQMJJF?CLNLKLIIKFLYYOJGGQODKQSKKWZPLLNPTNMPLKQUOKNUWZ]YOGBHPZ\ZWYRFWZIMXRJYUMRQNROIOKLPORRGMXUJDA@DFD?LTTKBJPOMNMRPKPZ\WSNHLMNPMYb]RDJMHAFRXZVMCFQVIGGMV^]LHTVUPHFRTGE:9LOJRVVWRVSRKPKDQWMNSTSOOQPKDIHX^WEGUWTNOXUMLD>BSSTSWLDMW_dXPPECMRNHTZSRTU[XLILSSMQPEMUX]`RIAITZWNWZRV\RNXYQWZ[VVWY_ZLB@=>>FFJPPHKPSOPIGHAKVUV][SQ[`^RKAGPQJHJMRTPMT[]\YROSZ[PMTQLJLNNMQV[MJLQQPOQOUY_XPJLPKEAKYYUICKQTI=LVYXXP4-ERPKOPTZ\UHNRNMPUQNIRTMKRZ][XXaeee`RQU[YRUQR]aXMKOZa[Q^\RQUVY^TUWZ\^ZXTRHKUY\UT`^XX[WNRY]ad`]]cZV`ZVSQ_]QR]`]\a\\fc^iljaX\bd[QVZUOWZZa[RTUNQTWYXVMGQ_b[VPMVY]ZU^fjd]^`^VS[YEOTU^ZQPVRMWZ_VBG@JQMPSPRVVVWPBITNCJPMKPRLR\XZ]^UPQQJGOSRWZVWXPL>6=LWVQKJRUOHMX][WK@EVVK@IOFQRQGP]a\WQNMPQQIKY[ZWOQPDOY\ZVMNGQSONGNYSTYZWYVTKJRX\][^^XPKOQPKDQZUFFFRYZPUXVPFR]`XNJRYWPOIMRSRMSVRNOPBFORJHMKUXLCJTYXTQH>EMOJDLPOJOPNUVXRKJPK>INQMPLQPNQRB6KKNWVJRPFLRPLUYP;BFJNLRODEILR`aTSXNMOI;RTERSSWQPLKGFSURYOMTZYR[ec^WJHS]_b\SYjibZXNGPX\YZ]^WMSVTRUW[W\\`ZP[c`^[OM\WITUWZc]\_YTRSVKIQUMPTMXffVMTYUNPTWNKJOOPPRXQS\_^W_eiopj]Z]_^WSV_gaWPRZXD@LOOLEW_ZSXYV[WQ]a[QKKEP[bc_WQJMOX_\LHV[VTSSRWb_RLRVSSWTWZ]VTTUPMQ\[\_]cc^Y\Z_bXSXUPQKHNU\b_VQW_]SLMT\YWb_Y\ZWUW]hjkojc^ZUWONSNOI@BUaZSTWVVR[cf[RRLFEDI[`YESec]_`rqvseZ]`dbZUV]abix|recfcYYde[SVVZ]^WVVWVNLYddegdejmi[WYTZdifdcjkhjjb_YVUT\d__`^XXXYTL[_ZMGVZ`^[_ge^XMEQWNUVQ\[RKNVUSOORYZ\\Udki]VYZPT^]WWTSYbeca_Y\]]_gmiWNMOKMPSY\[Z[UY]fi`\YT[]c`ZTOQ[WVYUOYY\QLY`\THR\[YWVPRRUZSD99KQZYUQRVQFCOWXWYWQLEGHKU]WVWW\ZUXO@EHB?IK?NLEWZSQXLAMLSdXW[_^^c]Z_WKU^][SOTblnef_QOMNUZY[]MGV[\ZXUQTRLTWS[d`][PKUZSZc\Zdedc[RNSWQVXQSVVQXYZOGSZZ`gbVPRVWQNZVWXX]Ybd]Y^fklb\[_`YOEHV[USXY`b[RW\ZTY_[SU\[RWSKOSWYZNOQOWPPWUTKIbkc^``ZSYWGCRRQLPYWQQSRVYZTJOWZVUUU_^^]Y\`\X\PIGHDAQ][NSUO?HT[__^`WPUZ[[[\SS]SRbglomfZ[bYUWTKEK[[QSVRUWQFN_aee]UMFGJT`ZVVUZc]inhihkbZTQP^_\YZ]V]lojhd_]YU[[YYUFPWVNHSWOIVbg_biic`dZT\`_]ejjfZ[jkhd^_`[SW\ZWSXcde]WZW]ZOGGLGT^^`e`XLYZJR[\UTZ]\ZY\cc\[[eia[Vce]WZ]YS[cd_d`SKXWVX_XT]bV]haU[]YYZWOMYa[U^fcTV_]\WOTfjbYXSZZUTWZdd]UOKQXUJDSZNJQPVVROMUPESUNX[OHLNNMMIGK[]XUQNZ`ZRLNKMTTQRXUPSTRVche[^]WRT]YOLO^_P=V\VLIOSRNMQWXZ_[TUZ_VK;=CBQTZ\\RQ\_WGIMPJRXVRY]XVYXS^c^VTW\XWV\UOHDJOWWPWa\\[PYefdZ^`[TTUTJJMVUYaa][[[_gj`[ce`UQTODYda]V[ca`e`VTWUY[`bgd`_[UZU`__]VZWTPQY`_Q?EV_[NSYV]b]QUJLLGNSQNIVSHLLLSLHECR[]RJFMSQRPPSMELTQJOY\VUXQLWW\\VW`^WHCPSJMSOEHX`[LMRMIBOVRT[ZUDIQIJXa^VLO_baa[YOQXWMHU[WSOB=6@JROKKHQVWRQZXOHA=WN@IMPPQNRW]TKKQL9IWX\UOPLKLOOJSYXVTPLONSYRMKLLROLIHCHKKLNTRPLPWXRNQSWTGKPJMWYZ^^[Q[ab`YTQNOMQOTXRZZPJOSVYbbYJINORPB=DCELMEJTZXRBLV\\QQWVOICLMEIUPNXXUNTVSONI>?][UQVWXUOJROIORTTQOPaqujZ]WQPQYa__R=M[]YNONNNNY[NAW`\UXZZMNSdkc[]`_[YOLQ\\WTX[UKLQY\XY^YPU^\BJTTVY[b_Y\__]jnk^TW[WWZ[ZUPQPENYXQUSQWZYVTSWTX[ZRQ^c`_WYZY^WIKTSY][NK]^NJYaba\URMEBNSSKLT`fc^N@BLQSSUX]VJOWY^ZPR^]\__^WUURUU^^ZWQ>DRVXPQWZYYQQQSTHEHX\XZWPUR\fmk_V\VOZ`b_XX\OSUPKVdd]]X^VMDFMWVOT\`f`\a^`dhj`LEKS_c_`db]cdb_aeiaUX[J@<9MYZTKVXUU\bif_^`\[THTbdeiic_\WU^_[`^ggTMV_gbTJMT^aa]VQJGQVOJSaa_YVOEESTWZUZYT[cdbV[^WR_fihf]UWT[b_WW`ed\c_U\fc^Z`a][XTU\`QUafb\YWTP^dZWdaTQXNMS^b[Vad``__]MNVWVOPUNM\ZSX^XUIKYWOTTU]WMV]QU^SFNSRJJKIFLQV\\ZYZVPGTYSPSZUQYTOQURV\\WZWUQIQUVVU]e[ML[\XRT\X\]]`Z\cjlj_SRWSHXUTX]^]QXbd^[UEMVTRWXVYXRX\Z[Y[\``\RJDOVSOKJNRUUU\UQSKT]faZ_ZT]ad_[hjfaingZVW_[YWYad^XLBOWQTbbYRY_a_caUWVOPRSWbZTTWY^[a`YIX]VTZXZ_YPMTTUMOMMKU]YTQNNQKSce[PLOUXQEDGLJNW_\SUVSYRNWZXZYOPRMJGOX^^YOLMSZc`_f]TSJJKPRK?KSbf]HP[UGGECORV_\MKOSRW]\VSY`\Vb_TRVPFOYSTXXPG?HORSKWXVZVLLZYPLKPRMADQW[\TK@DJKJJLHJV[]YVWRHPQOMNNRVXWK>=CLFINOT\VSTUSMFLMGSY\TS[XHFJOQMMQUNBBT]``\SXYXX`b[MNY^\ZSYXI@NQU[U[]XKKRPK?HQRH@F@NXXOSH=EJPPRFDPIIJXYPC=KOX\WJ>>FPKJIKULKSRKDENUSNNPSQU[cccotka_\RMSZ^[]RJLX^VONFR`_]`^U\^XVTSVXOLZ_[XZ]\[WQZ`ZJW\XWY[_\Q\g_Z[`\SFMVXPMP[f_VYY[UW`^WXZRNYROLRZZ[WOTWTLROIPTWSGHLUZ]cc`]XY\][^_\ST]XUadWQVZYXFGW^^[YVNMQSTOHLWZVVQQHKXUUXTYTLUZPMYWRRMY^TZ_WULNVVSSWQIKXU[X[egWKUX\^RJORVZYa`XTWZdqsgQUYTPUUQR]cVLLHORXVOOQVSRUOZ^X\\Tbh_RZW\dgfdec`SRaikga\[`_[^_``_WLSUPJNWRNUY]Y[][_^[Z[^[gnaV``VXa_\LHYXRWWT_e_NCUfhaWY__`ZKNUSNRUO=L^[NV\E4C?DNQNTXY\aXV]b`TXWVZ]\ZRNM]jgc_\^^R\]Z\aUPSZ]_\V[Z^db^`\X_b_VJX`_X[^UJMMFM^hfWRYZYZ`^TUXPKPW[ZTUXah`UWYT[PSdeMEMRRZ^beaWT\]QOYZQJPTWZ\ROSMFLPUR_d`VROLQSIMUQFEEHLIPUSPRW]UQNSXW^[ZUT]YR[bcefecR?RVTT^\R[ZV`b]QLOOW]ZTRIDOVUTMS[YTZ]TSSOLT\]]Z]d]SL?DXabYZZ\]YZPL`[XTbs{sgfndenpmbZ[ZZ]VWRMNRZad`\]_Y_fda\^bb^\ZRX]OMMLOPPCJVaca[]\]UVYZXQNNUXSPMOOMNS[XQTW[WRRKT][WPSUXZ^ZUZXYXRJTad_[\SPSWKIWXZ^\VD?KOTSXc`^XQJQVRMPVW\c]JLUPGC5FPQT\[SQXZVKKUXTIWa]UOOWSNKPXVT[_[OQWXXTFOZZSTQQPTXYYZ[VRJPZTNPTUYUQPOLJNTVVPRWNDJRXTPKPRRQG9EMEFMRHMTQUZWWYUJKPOHLWSENUWQJIMPNHJQTQTMJW^^XRTS\]NJYca^WULRNGWaZPMPNQae]Z[VPLOOMOMUYYQPLPPNZaadiaW\\WPPVOKWLUed_YWTQRY[WUYba_`YRPHENTQNONUZU\^SSSONVQIDKNLO`dYIVaed^]ffgmofaejfa]Y[W[ch_PXbhkbNQNNQTT[eh^cj_YXTOV\^Z\_XKLRWZ_ddYHLKSRNQVXS\d`_cmvob[OKCHUWWOLJMRSZ[UNIPXYWTIOVOOQQSHJVXUUTMHHHJMHFPTQKQQRWXRONRUULEIKJMRWTPRURSTSTQIGJMQKOSWNP\_XQIGNPMVZTWaWOZZRNW\RHNSUYVPLJIKHDTYSG9IWRQQMPORPOKVWHCSPOUOU\VOPIHMLAILISTI?FMIU\WNDJPRNGIMDLNMSYTMGKMINGEAMRRQI5HTUWYUQMNRSSRUOEMVTSJE@8;CS[XPW]ZXNEKPPTWYVTJLXXUW]\XTVSLITYVI?HQVW\WOMVXJDEIF@ARVTTX]CDJQRb`ggjfYTPYcaXSYkssgWSRPPV[[[XPCUPMTYTQXXXTTTZ]]UIU`YTNTXUMSUZUX^a\PILS_``^NEDL[\OUSQ[^_[Wa`WTOMRPW\XKR\a]UOTXRMLQMJ\_]b]SSffPKYKLSQKCMVTZ_WORQTVRW]W]idSOUPCNSPQPH\bUHU\]YPO[c`WNNRRVZYPKSWZRFLPRUXVB[d__\VYMK\b^Wciijf\_[UOX\Z\kqnnpiW\WDNORTYWXX^Z^b_VYZ_dcWSNSMJQSOQUPTTTYVQURNO`hbWKSPR_ioi]NRZTYXUW^\]`b\\Y]b_T[b`TZ_Y^`ZXWTV]gcWYa_`^MO\b^OOWVTPV_YMIODDSVUW_caa]]VWa^^a^UUSOZ[OJWZOLQ[__`ZOXb\a^YTWWae__d\S[ehdab[WZR]cb_QJMGOYY[\\``ZUUSTQV_fcb_]PHFS`]age^`deaMU\bigd]RRWY]c_UU_cXV[V[^\SXYUS\_ZOUTW^`TNU\[ZSQZZGDTUQWUKKSaaRIPZ^]YWYUQPMHKWNDGUTSQSTOKSWXWTRRPZa^UNPWVUMCGR[[]XYXUWPJIOYd`SUNP\\TKR_]acYOQOMNUZ]YWNKYbbYQHCERYXSV^[W\^^[[WOMQQPIIMMNPVTOQRPPMOetuoib\]ZQR\XQUWTU`bUdlgaac^\XNR\bb_^_XQUWPKPVY[[UQU\figa[YWZZTQJK_d]`njc`fr}lP=;UZYYQRSVW\]WJRTUX]VSWTQWIAPURPWWWUOPPQMIEDFHIX_d`WOPAIVRGJNSYUEFLMMGXZVRQLKKGEKNNSTLHJQQTRMHMQMR\^Y\YRSLQWZYZSJFLNSSNJJUSCCNIOQPPRPLOQRXYWPOPNHA@LZYP?LQJGFGSSLHMNUVK=HNF@KOFFLLMRRQOLQNNJKPIJIPWTSTOLLKHJLMY\[VTRKJIHQRVVPIMPNKMI;9ERVXZWWTUI?ISVIJU[RD:>KRRTVZXQW[NIJDJUVMSWUUUURRNX]XLADPQV[XWLPQJE^acc`WTZ[VVUSXYU]`[SQ\eijc\QPWV\`a\YSTNIMPUZ[acXL[b\ZYQX`RBBIOKKJLUTKHB<26ADJPSVWPSYO;=>LSY^`c_QOMPMRSNS[YPHHE@DEMTLQ_ZHLPKOLGJPMOPS\]T@;QYVNHMMDNTQSHDPVXMLSQVVWTNGKS]X?KTSTVSLVWVVQagdbd_Y\YVVZWWVW\^WWX\]gkd`\TQU]fcVRSSNX^]]\XYZO@T]ZQUdfe`TRYa_YVHT[Z]XVZYSJEDJRTVXWZ__TOZ^WJQNIOTUWXXPL[a^ZXMO__^ZU]ZSV]TT}‡z_``_`aWNRRKS\]WTRVZ[RU]^\W\]SPRLVae_YXEK`f[W[VQX_YQEV]ZY]]c_SN]`YWWLW]TQPPTVYZVSYYGVefc`]]YP[cieWZeeVLZc\XYVUVT^g`YVX]\[XRMRZdi[KOMJW_XTNWQI[a^[ZVPSZhkbPbmpeW\WTPX[Z\acegrsqlhdilga]PGNTXY\[YdebX[^XVafehjd_[URWZOSgmgXVX^_\\ZWV^ilefcb^VNKLQX]]daTMJSM@DGW\WRNJOZbb^OAJWWIHMNYZUU^_X^`a\]`]\`deaXJNSSLU^]TLRUSRSY_]TS^`VUSLQPKXc[YTSZ^ejdddheZPWVQMHGNIFSUTXYPSXTU]aULUWXWV[]][TPNEMNQRIHJYdaVV]VMX]VV\d_TQYXUY]\Y]ZMUWY^TIQQEFSWSPSSLOW[UTWXTUUPKLOX^]ZYWLTWWSDI]`YPJU[IC[^TXJT`flgY]^YZWWSTQOKKPW^\^^\VYQJSSDCUX^`baa^^[VMLTRW`_\U`\ZZTYfgYFAJKR\TJRMQQVcflmhg`RZZRRU_ddc]ZVRURT\XIEMOPXTQV[cdXIJR[]de`XW`UOX_]Y\ilfbXEMX_`\UUME;NWYRLOOOSSPUVUXSDKC>HLECT]XG9LMDPVSPRTSNKA>9IKLX^[VXUNED=AM]]O>HNLLMRQWSLKMLSLHKOUXUTTUSEGUQOTVOT`ZJRRSTOSSSWWMPXWQNNY`\WWUNNNLLX]^ZTQTOLVXVVRONURRY[WSVFSZUH9HQSTYUICDOSPMOKMMD@C@CFMRPV[NCA?JILNINOZ\VIGV\RM]efbWSP?KRONUOKTTOTSJHG@GTUTWWUVKABQX[UFA>?>4HK:EV\_R8CS[XQORRRQQPJGNMLIIGKGUVLYYHDV[[UZYZ[W[\VZ_TSTQS_a_X\ZVPUSPW^`\VZbdb]^_YROV_YW\e^UYRNP_`ZXIP\[WTV]aZQZTIZ]^^QQWWWZYQPW[QIV]\[^_\UMSaa[VNTV]\OISUV\X`}…y_]^]\a[JQXSVabZJFLQWXOLQ]`[X\XQQU[ZPNXUVde[XPOYUTWRLM[a]V`e\RXb_RQJIP[WMHSXX[VMHZaXTfooi[V\]\_`_`XTSKHW]TPTQW^a`bYHPTVNITPJSdwxn`ZQIJRSOOXUPXTR^a]X]\]]XTYae_TXSOa^^NEUOXZaiiflnfbgif_ZX^``^Y^ecUBAKQWZ\\`a^RIKWXSMTbhcWUQNPV[^calur]UXYXXQJPXWVVXRH?FSXYRL[ba`aWQS\`a[^_\LKWWY^YRSajhdjbXUW_ieX\gj_Y[TM\YNJP\WUZUNPU\ZYecXTPRUZ[WSX]dic``]^aaZGCMQRMJFOY]WVa`SJWZLRX_]V]bZRMDOSMRZ[YLJRTPCIYb^YTRDQ\][WSVSXROOOQ[a[T\YNUSMIJMWZTMNQVVOIGHS]TNTSSRSSQTQGQOACLJOOJPTVTMVWY_VABQJSY^`]`b]SQZddZNEP][IO[_TAR^]W[YQVXZ]WL?N`e_]e`VGT]be`WSbaQE@BHPO?7EUY`^RO]c[^lpj`VZWHKMS[VT[_`ZVTTUPNM?EMLLTTS[VRNYWLCN\QO_^IFOSJNNV^`_[\VNE@IY[QLSWWMOURNPRMPPQJLKMSWX[`ZS@KYbb[M??FNTYZQKTSONLKPVQOQXUOIQWOLIGO`aS?JMIDGJJTYVKHKVVQKKV\WSRSRQJQVSMNLFKHCMMNYXWWPTNBBRVUK59COMLJJWYVRKRW]]XX[NMTHC;BMQDOVSRJQM@FHKD@HKKGBIKKQSMLJMTPJLKMQTK==HEAGLGE=2HOMDDMQPURNW\ZUTTdjeTLYcfe]Z]SW]acdaZcg^U[a`_a\XYdbZ^]WV`cdZQYa`YY^YXXVZWZ\RJPNLOMRVURZcc]]a]XMFPRPUZVPVQFRYRTVZSNRQSW^]TF]c^_bR_z|oZY[XTRSSSUTSLY]^WO\e_MNZ\_c_VLTXYXXNMPVSPYWZWTSUYVOLPWQM\_^\XBCT`^TZe`XTV^ZXa`^_aXblqqle__hihjbI;PUQYUKILTSINPUVZTHOPSU[^]ZWSVWPKFLWXVVYOGMX^YRVWPSfi\ZdaVdg_Yhh`hi\Lk]X]^]eppk_V^b[X_ecWU^`XMU[\aabiidd`XU[\TIV]SXa[Yb]W\`d`elnj]QSRXZ^ge]VMKEMPLU\UO_]RR]YUY_]^cZOR_aca^_^VZ_[IHRVPLPPJQ[X[b]Y^^WYXZQOIMRY\ad][\VW[YXYVU[bgcW_\PTdlea`]XYZ\_b`ZVbhj^ZaYYUUfnjb[\]ZWSUUW^`[VURIKWUKPXZVNKU^WU[\Z][SSVYVLJPX\XYWSRVWSSSQSTSRPZVI?NVOGGHJI@LSPKGP^\^YVSTQX\RGIHGPHNUROMITXLGSTXXSSYX^[TY^]]TZ^hlh^a`V\X_ea]PU[a]\^b][_b[_dhmkdZRK?KX]VOW^dhlicWSRRUWZcd\XRR_b[RMS[aaabega^acZ[VL=HNNMJ[e]OKX\VLPMPUWPGLTPGEILNR[b_NJTPRT[[^ZOFPQOHGLMTWPNLJHGEACIJJLHOWYRQVWODMPV`TDKT\\TPOWZVQNQIGKLPQFCOSQKDOY]ZYWXTJILPUPGKMSRSMO^[WQDHPNQUZWRVWRLFKNQQTOLRE@ISY^_[KACG?CRRMKN@IPMGGPLSQFB@AG@AHIADKRUSKKSUMGIKSTLDMQRSLLLMKGTVMQQSURQPVQQXPRWQISTMSchaT_b[OWbig[OKCKPMEQ`]VWbfca]XPPVXO>PRJX`^^ZNKIG?CLOJDQPSPMINX[WZb`UTYXfmf__`ab``\U\\`d`__[[^]``[W[\\Z]heXbf_]Z\bfafb[VZ^\V[][XW]aYGSYXV^c\LVabXT[^`VQQTTNLZ]ba]XZUZYWSMSRYZZZYGGVZ^dZWn|ubY_faXVPHNS\^XSWTSY_XLISUSYXOU]VQX^VLGIPVUUVOQbc]ZVYSUSW[[[YWRPRJLWaebddX]]WZefca`fensodZ^gd`gjg]QZ\VPNMW^_T?OQNWSJHRPPPMTXWT\]YUTTXSTWQIET]ZLIX]ZVTZYZ^a]dcZ^ifWW[TJfa\^glqrg_\V^e[QV\]a`\`aZRW_fgglib]Y]YUVcc]MYquiTbfUXjjgd`ecXMQYWZgkhdaVPTKY^MHWPIY_[YXafjaX[\USRXWNLUWPRW]^]`]SIEMWY\`ii[TZYW_cZPTVMO[ggaZVX]a^VT[UX[ZVSRZ_Z]fpuoe_\`cbbZSUNS\\X\dg`]R]hic^VWZUTYXNKITZ[UMQ]`[UOSXX\][OMWVWYWVU[`YER[\Y[_XMOQPPQRNVYWNP]ZLLPTZ_UPMTPNRONFGQRNORSOPXYWXMLMIHK[e`TNRNHSZMCc_^\Y][NU_[\^TKU^^Zdk^][[ba\ZZYSVZZa\SQYTQWV^gf_SXO]eZGSb_ZYacbUQVaae`\ZVRINQSac]TLRYW[_\XW^aZZ[MNXVNTXchc`YXWWUPTY_`N@OVZVK?EP]aZKAOSIRYSJLOKKNPOQJDDU]XVOMWSPRJBDLKNTWUNKKLOQSOLQL:K]ZRNRZ\PEAISZYUN\`YFGRWOLSTVN=GPWZSKEJLRQNNPNPKCFOPJHKNDFPWXWQRX][UQVYMHQQGJD@XcaXQIJTO>WY[^YT_a[VXZ^[UKKWZMU_`ZPR^_TQRZS]lkgeZQW[ZZWWYYRHQSW^ZO^b]__\`]Y]`bgjc^YSD@TVLU[^^\\ZRZcdd`OT\[VPYfaUT]gi_X]ZXZUHDEUjofQV_\OR^b]W][VYVGV`\HFPLGMUSP<8BZaTUXGMZYUJD=FJHMNNSSOPLJMLDIEEOYSGEXTJS]]\VUUURPPMEUXRSMIU[SFKKNINJLQVRGFCMRPIJPYYRGFQSSVPQXUKJMGJG;CLMFGHQPRVRSUSXZ]ZUNNPWOBIMRNKDDW]QLOKPVURPMJONLPSRYYNJDFB>CIJDNJERUMNUTQOWVW[UMUXOMOSTQKJLLUZSLU^]]`^XQQWTQKQY\YIBBJKGETTSQQ[_VIFFOTXXQLVTMSUQQKLMOOSRQSTUPPQ?AOWXQWWR[]WMHSZPINGKH91=CSUVPSSPUNPOQPSUZXTU\]YTXWH/COVJ?HMMKMKBAMZXKHQVQUUX[\WMDMQI7@IKPJ6@AORSYTSOFDC?RUMHSV]_YVNJSXROONKPTYVLQW][G=FXSH_kcRSZSOPMTRKQQMMPDLTY`^YOQY_bhok]^]UUZ^ccdace_[b`WZ[XYSTZZWYX^[[_g`VVUQPSOQRWXYORLJYVUY^aee`VHIQMQUY[VVTSQPWVQUSLQVWQKJTX__SXac^W^ca^a^`b`ZSMV^bnyo_^_XVSKO[_UR\XIHY``[PSW[WPOMGJZa`^ZUUK8EKMMTWSXWDKVOGSUV_ZU]_TJL^`_ZZUY[Z^^YWYhg]URUKEPV[lj`TUXWKAHPJJOJEO[\VMU`_UJMNGHFR]aZNRQCGSUXaYRVZac]YZcjgfgZOZca]^OH^^UZbVRNhfeif`V\^Z\deb\QGJTY[UZ_^YWWeur_Z_NLV\XJP[[[]b^SVe_Q_fWFPTVZZ][ceXZ`ZW[ceZOR[V[[VPW][WPOT[^`_VT[]PLW[[TPPT_]VTb\NMPPGIOILYSSX_b`TUYUZVX]bfd]]_YLNXTPW`__egg`Vac`RW\WXZMGPZ][MM_bc^^VWXUPMPQPS^fd]WQSXQPU][agaYJMSVOB@NRSRPT]`_RJNPSV]_ZJ:NQBMWUPIMW^[UWWXUHDW^\SSRPPPRQLNUPIS^^VMIRQLEKOOMKMSOJW[WX\SU?=M@TfaPJVUT\ddZWTXhjbZSQVZ]bc]VVXQV_[PZ\Q:8IQWX[_]SQT^b[QSZYTMT[YSXbeXTRSROJGJGRURONSQPUZ^]`]X[[[dleSFNW\UEIVY]^ZZTJL[baabWNZXRUKIMHLVTRJNTOENQERaaMPRMPUPGOUSRNEDPRILOSYURTYTLJQUUMKEELHNSTONQRFHSW[e`TNJINOTRMKEBGMRRMV^]_XDKLNVZ\UNZXLFNJIJ@@NMLEFUYOIVYX^]NA;HPMFDMQQNU]WNTVVUVWQTKQUQJHOWSWWWPNOXTMPNQNEC<@OPLEDB:ALLHOQPSVUU`_QQWTWS?;MWQJPSMHPQLNNVTGFSYWSKNSQUVVRRRLQ^^UR[ZUZ\QLYXORPOKJTWGP\SJNNKGTPSQMSSVWLJQRQW[SFDLRS^g`RKQRSYRFIRNOVUBHLSUXZVWZW[cd]SX`aZKK`lpoeSORVae^YX]_[QEGKZb]PY_ge\]_]XVYVFITY[]TAKOW^b\]ZWVVW^`_fd\QKOY[OPX^_XJLOPSHAJX[PVY`bYPU[`[\WWW]UMVWWadtxl\\\[YQP\]a_VV]cZNRTR^e]QNLWTJIONROJEFV^QBVc_VXWXWSQSKUYTY[UKP]XNNIOX[^`^YUgiegcRR[`figQPXWeg\VUe`ejcOVcfbagjdZSNOTUYVSWUWXS^fja\^SNUYYSMXfnmi_[TUVX^^MLUUU\YU[fk`LW[RQODDGSb_X\bd`WQY^VR\b^]\SMPMU[_bb`]SXZV]kj`b_SPZ]\`c_YU]njZRUQZcdfcX^fd^VRMOTKKMUY[de_N\eg[WQNMVbbZVY\ZUQ@GZ`ZXbd]TOU\SR\]\XVUTOLT`b]ZWZ`ba`^WZYTTXXSVY]TLLNXhf]VRQSXSQVRIFJU_YMPPIRSPW[QGSVOISTTMV^YUXYRQSPQUVRGEIMRWUKPWWRX^XOJQTKE\[TRZ][Zcb_P>OX_a_YNRaie[PO[gdW^^VVTTUHLY\WWXQR^]UZTKQXZNHPWXW\__\TLPNOMRSIMUWVPLENU[acf`SNRZgfaXS`c\NEVhrrhfg`RSXTSONSVUUTOUZQLVYUQRRPNMTQLYdbFHLTOQSIS\VFFNMPRPVTQXYZZZZXZPYed[OQXYPOSWVMLVRB;KQNNPIMPJEIELMSXMDMQQMPYVMQNKNNQQNPLLUY^\WJFLWVIEFLRNNVY_]PFICJW[WWVRNOQTKVZXQPNIKORVHCQQKHJRTYUMRTTSNFNSOFJNMMKGMPLMPX_ZLGOLQ\XPSM>IMJIS\WNRQJE;ELQSWVPHBLMJPTX[XTPSSSNNOJFO\_[MMMJSQ;EHFPTWZWabYGNPQRVUWWTXUPNLGYYIS_ZKNYY[dhaTMQVSQIEHQWZaYGNPTOJO\ce]]a\YZdghgd][iuumbUU\`]YYVZ_\]^^[]dbPN]^]X[ddb`XPTY[\TYWRUPSW^^\TKHR[^b[^bdX[\]`QDV][OATVJVXX]geYYXTTX\P\f^UVXZZ\]XMVgegqma\aa^XMT^ccbb]SSMTX\XVTVQLQ_aXPMP[VOPVVSVX^e_WYVSWTBIVRNPHTYUQVcc]]`c_MAPRRZZXUR]hoj\QRMZZRSRRNSUVYSTSLSPR^[YXOQWSO\gbRMQ\[HQYWW[[YHTSONQYWU_\dhdc]PTZ\b`fg``agbVX]\TbfebbacZRW`da\URMKROPW_ekfXVWWQNQV^khXRWchd]Z^_abc_ZLET]d]GNab_^ZRQRce[RZa\KCO]aYXWUW_c^[XZ\\\ZVW\`fg]UQWXLWlneghbdhg\VU\_WVab[[WOKSVZ^RORLNUOIUbhZO[cc\XNV^^dd_ZZUUadb`db_ZPNO[`\^jmfZIS]ZXMO[]\XPRQNZ\XUTRQMLJHN[ZVWQOUSW[]VJNVZ]`^RKTWORY\WTNU]UTZZTTNNPOLMJOKJUVNIU^^ZUOHHS\[[XUPOPQWWLJWOGNFPUSIPYWMMOKXaa\TPGFOTVXRGM\aZXYYTTR[_\^`_VM]bUNX_[UVJ:BOY\]PJZ[XKCLWYWVZ[][VZWXRGEFLQPKAC?RXZ^[MOPOWYYIGSVVWV[YVadb]adcYQHMSJ85NW_^TTVSLMACLOLQUOIQNRXUG6BJMQRWVXVMPSSQRW[U=MXTU[Z[`^\]gf[WUUKEJTUPO[XNOZNIPTOSUTONKGFOWRHKPTRFCLPPLRXZRKNRSQRY\VSSHVa`WPMMVRNX`b^WTUTOM[ca\WRHKNRaeb^XRGJTZ\SNTQOPU]YSRN?CDKKDGOSPS\S@LWXV\WOS^UGKGQTVSMJMACKUWX_^VTVXTMPLONPUSFAMSOR__ZRUKPPOQTRQPNQQRLMQRPNFHMZ_^TRXZYRMZ[WW\YQENRPJOSIRXMIWYMMXY[mukZTVUTPMTOIPX__QUYUUPWWWWUSOY]]cklfej_cqtnfdgdYZffXVYY][OReeXQT__bfcXOXa^ZTPX[_a_b_QS^^]a^[VQU]ZPQ[_ZXUU]WHQXTLNPRTVUZ`b\VURKS[_UYb[WY^]XMLW]_ZSVii``]Za_V[a_YPNRUWUSW\WX[YUT\`YNQ]c^ZUUYUOR[^\YUWQKSZZZ_`UOMT^a\JONN]_\ZY_aPEZ[QOR[djg^WUYYQVWQQYZ]XOHMPWa`RSZY_]_bWPXdfW;R\\TRPW`\NCIONHJPTV[c`[TR^eb^_[a\\ge``YPDDOUZ\VSYY]YUXV_cbaXZb[QPR]ffb][]YTQJNRWene\^b`_^\ZOUekf^XTOMUWR]`bZOUZX[\`ca]`VTSRV^``[Ybcd`VPY]ZVWVU[^[Vbc]SXckmjbbfgded]XUVae^di`]d`UQUZVUXUO[\VOTbdXO^_XWRSZYVenmaVS]f_WT^``^ZYPX_WS\dcYJU^[]]\^YZ`^WVTPHHGC=BFJRY\UOPXVVWPNPWUOVYXQORXULJS\^[VSLPT_^XUTVRQOIBNMJUY^^VJMTWUMRSG>QPPPTVTZ\`[OBQHGRRLKNTOHSRIY]VZ_^TJKQZZVVSMQYYMQ\[US]ef_]]_\\dbVXb`V_fbWSQY_a]WMGVXUU][W]caa\W\WYXHINQ^a[_`\XRL]e]Q_d\MLGLRRUWT\\PMMKFPV]eaROZUNIOQ[aaWVKILKDFUb^_deaZ[UO\aaX]hj`Y^aY]bckamojfccXVZ\YOT\^`Y[\`]Zeih^UMPOZ^hi[FXebckkfaQGPbgf]TY[\]d]JGQ[^a\\hh`\YXUR\_[SUca[\TK[a`^XSSWTQO`loj`^\`b`]TTVNR\bdd]XOTZSW^WIRQM]``ab[ZSHNWYZ_^]ZWZVMMSZah`_b]PLMSYZ[T[db^b^WPEJV\[VZUX^cc``aZZ]_\[[ZYWWURUVTSVXUFL\_MHAAMSTNT^ZOPZTILQVTMMW[VYa_XRRPNRVSQRQZTJPRFHWTQXVLTb\FMQKMVXcgb[R>KRWUORSXXNHS^i`\YW^_]]\RLNZ\XQPY\UWeaJBMOTZUKLLXWYeaUQYVUZ^X_hiiga\[^][Y\XKRYUNRNO][SIOX[XUQQQYYUSTTQJNRRTPPVWTNKPUTSYWNMX^\PV_W[VVVSIS[[ZYSUTRVZZUXZ^UQV[^RQQNVacZRWYYXRIO`eaYVUYYTSRIXx‰†qœ˜€U]VN[ba[YTIMQICHD;MQGCVTNMOKKIT[UFGNTPLEAOQPPXRX[VOLFIJJPONLMNMRY[_bd`XME=GSZXRUWUOXVIKTYVNHJMTQNRWSGDMVWUVTNMHNSPLOV[[OHPVQOLQRRMJGMNEMVPDPRPG==PVOKCJJ@@FKSODMYZRLLPXWQNBE^_PJJOUPE;INMSTTVZQRVXQSXOKRQSLINWXPQSQOFILTSBPUNJORUKIOGESVSW[SemfOPYQHPWZT[XQLILHDLUCL^aWN\gbQYglk`_cZQ^ZOPQSSXUOUbea\XPU^_NUYR_d_PILX[VNWa\IMY_`cb^YVW^_^Y^ZZ]YUVSKC>W_YTTHHHOXWPT\XXXUWTTOJGN[`[WXVPVWGPYY\\WNYc_jvnWY\b_MWf^VVZXWSPKBEHPWRTZVTZ[^YNQV\XOPRVYcda`hnnhd^Za_borrle]]dd]QMRYWXX[XW_^ahicdidWNGR^WNWUQTU\XJMUYab]^^aYOQZ][TR\cd_[ZUPV]_Y^cff^\ekgXZij`[\WYXUS]\YPQY]]YT^e[Zhi_[ig^XJKSPWelcTR^a[^cb\VY]abcifZZb]WX_c_\`__mojdVJSbjh_Y^[]\SPQWYQHY^abaYV\]`_^fd\WX_WMXUX]OE]b_Z[bb`YZ\a]Z_b^YSURTXYY__bd`RKMUWOSZRMUUZWKPWVVacb^gkaWdmjb`_YJFW\XSTQTRQS`cXEQSXVOKW\WSQUXT\`[\__YSWUTSUURVX\^T=L[\TUOHORWZ]WUZ\OFKSRNUXdaRRTTUUJW]QOXUQRQKID@QON^b\XWTPYUIMTUOLMZ\_d`JLUOHFMGOWTO\c^eVUV_\TV_VQZXZUSY^\SL[cXRXSZ`UQ]ccbefkcQMOLPahjdV^ec[bh`UVVTTY\\ZTTTQNKCNSWSS`dTRb[IXb]UY`]W\c^SPYRCVXX`_b`Y]`VR\\^_[[VZaa^^gaPO\YY^\\\Y`^X[`a\WRRXTPV\VOW]YMN\`VPKKPQMJ?fˆ—‘qŒ¡ ‹mc\^ejbZTB>SSHBLQNNSSSVROJKHJHQ[\UJMRWONGN[ZRXXVVQIKOPMQXPAHV]SISTRTZYRKIMJBS__Z[__cb]TPRTFENKPQIHZUECCKSQSTMHHOSND8BKNF9DYZQTZ\[TNXYSKRY[T]\TT_\UTVRQP\^KR\UFNUV^ehcVY^VV\UNY`XVXW[_`ln_[`^[ZTU]cdVXYUee_\X_\TTUOFOUSIGGGHQX[[]USRl‹˜q… ‘mZ^a^\VPKEO[ZNPREJQTZ_YNRSQRMHDRSFJVZXXMBHTVUYSLGHGSRNEQ\VGPZ[QCCILMGGKTROSRNTVGM[[\XVVXSTPI@GVYQCLKADACOLLUMEMMNUOLQYRNSE9MRIGY[SA@GLNND@G9DMOVSNQGBLNLPTRQPGLQVSWYXNHBHSWZ\WQQIGIMNOSXZY\^YKJGG\feUMTVQSOHPNKFGMDGOFDHHKOXUXVLNPPU^[OMJKUZ\VF7KRMHKLE=CNTXWTMZTOR^`cf`]`bgjZNPJR]]ZXZdhfbkkgdbTPYa^[\WOW_UU_[__][V\a_Y\Z]`aZQHAISX`XYef^YPKW\XYgj`YZSV]SQRRY^^_\UZTHNOJMNY`_RIdohXSURIKX_b^YRRXn}yh[XXZOQVRZjm[Q_bZXZJAOR[XSRTOGFV[Z^c_`bXPSZdbZIOX\\\]^a`^YVQWVT^_VSWTOPTYUGS]a]RS[YJJHKOWTY]\XUU_cYSWXWQY]ZUQITXTVZSFRUX_``cfcdic_]X[age^PSRY[YSOQ]WRVZZ[TPXYTNZ`edsuoc^VVPLR\XM[cVR`bZW]]]cikbTY_YRQPRTTWW_cXOV]^iswqiZSUWTVZ[TSZRFP]ZZ]^YCMZdigda]`\`]`_^[^]QS[beZQS[YYWU]d_WWellgcZU\`^[]WOJRMPWdbXVY[^_SLNMOVY]\SQRZ`]a`V]dgj_UWZ[\^b`[MKV]^YSU[\U]d^[^[OSSV[ZV[WFN\[UGHVZXXVSRWYMMWWYSGPQK;U`ZLIW[YTUVWPZcf_VR[fhd[VZZPQX\ORef_[Z[[XWRLGMQRRMRYPLZ`KPRGRVSPRVXVIEBOPH`XWUX\XJUcnqmaVRQSPHL\ace\PSNSW^^]]^TT]WGJKITcb^YYXYZXVOLX\WNH=:TZY\XY[ZQRTQ@DMKQ_[Zaa[]SMS[YXc^GAAHRYUTVWKHRQJQ`[RX`ZPMT`^NUgfY_fgcfdnmdVUWU^jmfVbeYLKTVQPNORXSOOSW\[Y_Xg‰”ux•‡dWT]`\KGCAMONDDDEKPRUYUMMLLMLHISXPNWYUVTS[[RRSUGCKMODBNWPHPVehe\[eaWMZdc[SRSW\TIOX\``TMYTQ\__eibV\bZYTWX_gf\VXVPOUUQLMXXUTVTXcbWKOX_bkpkbWS^fikh^^b]YXZXTYeihhfcVS_d]^^ZWPQZ\_ffjmpllinprh`\aOJaib_a[PU[\_^`_XRVdle^ZZ[WSXZ[\YNSXX[\`VU]a[X^`dkhgnnjic`[XWZ^_]UTW]WV[bbaffbedZFKMPTY[\a^XQU]TIYigW\dcYNVadab`UFP^dZJIIOTYYYYWPFKY_]][WMJVWRRCAQTW][Y`]ZPPSMMSNGJHEQXVSOW_b`XOVVMG\c^[djhcXW]YX\WVUU`a]][PKKRKGGI?MYUWTY[XNBDNESZXIKPSQNG;JPL]WSS]_]X\\Zet{nYQX\XFLWY]]OQ\ce_YVTYZX\SNVYWZ`]X[aa_ZPGMWbhg^YOLKLM\a`dcXSZYMR]a]\RAK[`e]SWY]]_\WQZ\\^bWIKOX\OBCISVUVPLU^d_ZW^c_[ad]acgjh[RPMDYcaUOQQMQUYYZSMKUXNNSTUQMSU^z‰‡tq‘›‘q[UJX\SSRMSTNDFKOIHHMTRKDQ[WUVSONQVSKQTXYWVGJQWY^\UH78DKSMOND@>BJMMQOLTPKGIHMQRVVQMISYPDELWQZZTUZRSTP_t„va]baZKPQMPTX_dg`VU\WTQUWNLNHTUV\_\[TMNMV`bcb`^YQLK9=RZ`]WVWPM`ii[LFLU]VPV]ddTVYMORYfgc`WV^`]`YNROMPNIOY]WSW[XSW[UXXUQ_c_QPPNJ8AKPXOCJRKFT[XPORL?CNX]TLJKJfˆde…‘‹oAFJTWQRRTQPJMPUSONHOWZWOVYRGFGHRTSMWada[RRNT[\UNHNNOB@GKNPYXOEBHOSVOGNPPVTOLKSWRYVQV[[RGJDBQVSNKNKMQNKRXSMJIGBKQTQOMRUQNNMJFGLIB;JKHY`SFPQPUWKIMK@IKDBILJJ8KMPM?>HOFISVWceYVWQNKLLRXZZad\VSL>=KRRTfnfV\b`]VS\ZRSZ]Y[YPHX[VQS_c]WW^]_[XOQQPLKT^]QYXVTKQWVRU\ab_YQUa`ZYZQSO^iheia]XW^b]UXUMW[XQS]lpcPUYRKOSMNWRK[`VVUc‡yZR[YSRNRWW\aRILPXZ^\YWUSVVUSLLNSU]fkigYIMQ[\V[^[`aXWRZeea\Xex{sodZ[_`SCMW^b`^WWYJQVURMOPOZgieYTZbb`dbWPDJQSTPX]_Z^fgkj]JS`f^T\digTUR^lf`ccXRTSW`XT_f^YZ__WYWJPRWMQV`a]bnlbb^^bd_Y_gjaV\YGW^QLWUNQRKKU]]UZhnmda^ZY^YRZ]THE@@UYQUX]]VWYRFPSML``PQXTUO>PWTNLIQYRNUVVWZ_^^QKOXfc`kpeZ_efbNZ]H:LY]XU[_^YV]b]QL[c^Wcedda`b`[\]ZXVZWXZZRWRFV]UT\c^YX_d[TV_cZFDSYRSU]aTMIMPFCLLFRQMRTY_[\\\VVZ\RNJEQYWRNJQX`XAKZZWSRNY]ZZb\GS[_bXUW[XRTUMKCCPYWNVUKSURVUOOY[RKRRQQSQIQYNIU]ZUJHO[Y[chb[\RMQZfz„zcYXUUYYNE[ZJDW_^__]QNMOSS\\USLQY__VNPSUTXXZaee`]USLP_c`SRUZ][dda[SMFT`ZKS[^bXV_^SJIZbe_PFZc^YURJFX_XMP_gbSRW]ZWWSRWZQNVWKKYWOGAS\QLDGPRSURLKQ[[PLRSXSTJRYl‰rp”¥¢‡W`_\TPWUOKKQUONTTMJQTWROOUWSOPQTYNNZZ[^WZ[TUXVSGDFCKI?QVTH=PUUUVZ]_YPNNKOQUSH;IU\a_\YVY]VRK@GJWXKBMNHJUZUUWPH?T\RIIDDPOFHOMB@PVQBHLKRVNHKQOML>L]T=PMABDJQSHGACOULHKRSROT]XLPNMTZUOXbcT=GLDDGMQDBTVSRWdf`TNUY[\VRRLJPXUDHQRLCGOSRQLSUMFJOR]`ZOIFEGGNUWXY[XWUTWUYZh^^^ggYV]VTONVYRX]^Z[cbZWXX\VZccWNSYRRT`\WU`fb_^]^ROU[QEM]XXTQOV`UMQSNT]\]ecbZMW\WSRWZaikg_adca^fjlha]ZZ`baX[]bdVIRVWWXXLNVTRVRMTYz†€dGOLCFPXYOHOTTNV]\WZ^a^^ZQUSY]\befgikic[VUWSKQRW^VO^`SBELJLNILOIJOTQC4GSSOOSQOSNPRRZYQV\[VLJH98HSWPONQWWWYWdc_oc`ed]ORaeZQOQ[[X__Zbc[V\gkdVR\^K>QTXYYWVTUXaXU]WZbgmfVJLWX[\\TUZQFLQYXY_]VUTZTKYa_ZW^bhcZ^`\Wdd`dhhfbeegffce]WYQTWZVXXVSX_^SXXPRZgpq_NSPPUWRHEGLVVPY[^bgif\\aWUWac^afb\W\Z_]^YWLJPUZ][OXb^PHCJTXfh`NOVXYXONKY`ivyj\XTMMUZbhhS;?P[X^f_RVXV^[VWYTNRZ_a`^kqn`T]dahomgpqnf[YUUZTSHCQTRHLS[YOX_dlog]UQ5P_QUSQW`[Wac`c`]Z[YZZ\aihb\dbabdbfcXNVWYcnlkgjkcNLQVXS[aaXOagfbgdaUFIQUW[WKMSSX[MTcg`X\^ZU]bgkj_\\[][UPZUOaeb]ZWV]]ZT^^\ZYZ[[\]]aildTY[^ZVV^^^eknlg]aYW_ZYc][_bebWM\^^\XYYUQY[YPZ]XRSXYX]\XWSPTWUSONIEQXRMRONPJKQTQS[UICLUMIPVY\`MS]_XJJMWZVXb``kjb[T[YRRZ^_XQFEZcb]UT^b_^`VKCKSRPERQAHW\KCEW_\XUZX\\FUec^]]c_Z\ijcTY_]OTfh^NT[ahbVYYRVXXU[YWWYXTYcd[SV]NIVWdlyxm`[\WSTOKHN_fa\SGKRSS^XQMSJ1?[bVL[[QVTSSQFHS\n}i_—™zh`c_TYUSVZ[TSQIDOW\QMYYOUNEMQMLEFMLGOZ]UNV\VPQQNVYSNOURQT[[OMA;HEEOQNMJPUQNXYQOKCJQSJ@PVPC:FKOQWWIBJKJLLMJHGKTTOLKGEKMQSPALLPWYSCADGLQJPTNKKNKPWV[XD8FTSMR[LPQSWXWVSNJECMUZ[WPQEJRPKO^aXQTYWOMKS`\RQ_f`WREIOLKU\VQKBFHKQQGJVVIELPIUZSXUGIVTKFHKXZT]f`PLC8QQRPOBNYWRPMPUWUY^_`adb_`[Z_abQQ^a`b`caabheYZhaVRNLRZZSRWPPY`d_Y[\a\H6HMQSOZbb]UP]dX9Y_^``caZQXYWQVZTRY[b`ZTZ]^bXPQQSR[^]]_VQJLSYUNRY\WTOV[__[X[__YRHBJOKMLHQ_`]\P>Xovscjqvnd`UW^^][XQRVUTY\ZSZXV]ZKNY][ZWY`b_]cf\IX\P\aYSX`d\MS^^SKWVTRRVXS^aXIT[ceb_W]cljSR``WWTFMUTOPT]ZLELOX[SVW[^]^a`Z]c_PPaZST`_Y\XVKQ\dbZadUOailmke[[WJGV_^UZ[TQWadig`efe```\RX\^dbcaYTPQRSWUPO\b`[^YTV^b[TNQXXT]b\VX]ZY_bYZ^YZ[W\iommkc^aejrrgW]aTTdj_VWNRY[YPT\[c`\^_ZRFGARWSUVWW_aUT\_YVVYXUPQXYZVS]XDEQTUSXTV[_UW`YQQYcgg`OOUQLPXVYXN@FQTNLVUSTVVZYPKV_[QMLMU[RYaWTWRKPQQVTMPXVQS^^X^aXPHIW[RNMQVYRTQPSQINQS[RFGHLIQ\[[YQOPKBRZYOCHUOMAP\[VONRT`gid^SJLSQLSNJOUWSFDJTY[PLR\WW_\SPFEPXUWPKTRQ_^VRN^hbQWfmjdPFXehaP`d\Zb_[W[daKTdfWMX\^ecSWYZN@OUWRXgk^[]Z\\KI\XR[abgw|nU[`THSYWRT]fie\]ikgWac]WWNBN\]ULQW[YRSYZQNVRby€{p„¥¤ƒXMNZTU\]cb[WXVQG@8JJIVUHMSMENLKLIFKQNUWPSXN=MQQQQXWSQUTVUTZSPQSSMGMROQPLUUROONE7GX]SIS]]PHRXVMDKSJAA89?IF@P\\X\ZM?@ERVSTTE2FPTSNFKTWPKLJRWNMSHEXZ[VPQSTNNLWURNPRXVKJTQKEAJEFPQTVVSI?ITUKIKKRSOKIRULHT][PKLRUUPX]TLJFAER\\NIQTVPNSR\bYPSFKXUMMQXXTYZTMHHI@PNFPBFR_a_[YYJW``\Saovpc\XV^^\OGM]bcVSTZ^\]]cjeUWYSQBHMKQVTYZd`MJKV[WNNURL>ESUMV[\`aV[\WU]]WUY[`[MHGISXNRXXX`bXPNPQKT[[TPSXYPJYZVKLLJOTW[XXZ__XPR]_\MKGUa`]XXZRBIQBQhnlmmmoi\Z[]acaZYYKN][UWWTQ[dd^Y]^]_daSR]UQah^MYZX^_VRTXXY][[ZSV_X`hf`XNX\XQ^ZW\VUVXTOMUWRTOVWDIVZXUY^ZIPXUT\XOX_Y^ddZUPPQYajcLOZ]Z[QQUHD@KT`_RJWZZ^baafleKH]a[VUPRY``ba`ceZQRZ^YY[PEOUJ?>H]ba``VPMR\Z\ZVVWYQPRUVZ\W[XNU[W^fbPV\\daTR^feirqfXWdt‚€tjfbYT^addRT]`ee]LS^feb[UYTXY[VQWZa`UQPSY][NNU\\Zad_]_UV]QMZZOKNQQ`e^XVSPSNW[]^TCBEIMW[WUZTHT\XMKTYYUW]YJLQW]ZQKGS[TOTMELJGKMRW[WSURLS\YY]]XPPRWXZYWPBGJKMPURFPX[UOQVMLMX`_XHGKIJLPOX^WKJIMFP\XSMOUSQYZZYSKLHWfdVV[agd_^]ZXUTV\^T\[ONOI7@ZbYROPSVRTO;EX_\O[gfXIEMW]cbWZWMSWM?D9P\OVf`JT``TJHT\[PIKRV]aeihXZc]Z``\]Z[afjiimgVRXURRVTQOSaa^T`dacXWTSZ_WMT^WKJOQ\aZSVYSOJWl…z–¢šzPXOOUXSVYRELNKGGNIMMMRUJIVYOLOTVQRQLIKNIJV`faRT]]TPLSPSMFFB7M[__YTKLOUYRKLORQRRMOWYJ6OZ\SLPVLGPKJBMQLJGKIQZ][UXZMCIMWWQOMKIMWN?RP@LOHLMDMUSPJ?DOOSVYY[^SLQQPNJWWJNSJOWQNMRNCM[^ZTMNKMLGAOTOHEMS\_]\WKORL>LV`]GEUYOCCJGCJRTHFN]_VTLN\]ZYQKTUGFQ\]ZY[UA?MVOKA=JONEBAKPX\VU\WHJAFJ=HV_bbYTQILT[PGUWMEDQXX`cYW[VRQSMMWVMMSU[TQRH?NTQOKCEKTRD@PUQLFCGS]VJJJLPJKMWYRGGEQPOQ@GTH=GKPL?>HNQHFPLPRRPSUYM=EHMHNXTDEHCNRLLTUMFMSWVJGSQPIMKFGKKNRTYYUYZTNKRZY[a]B4GSQEDKH79IQNGGLRMORWS=AQRLIRKIXZQHEJLGABLGDMDD:ScUZQS\]\SUYde_]_XPX]]QMYLEOTQPU_ac_UO[]OV[_\V>FR_aPP[[TTTV[\XPHR\`YVZWKKZWRcb]^c\RJOTX[]YRPSPGNQT``VRT\]V^a[SPNVZW^`]TGTVCHTY[YV[[FT`a\\[[_YJGKUU\\TQWRWac]_XU]\^c[YZ]aWcb^_[SYQP\[W`efg`TUTRNHP\\RT]\JTX\dheYSW^b`ZYXRXXQXde^WakmhYUZVMN[_^^[Y[TNX]_Y^cZPLWa\SOSV[`VPX[Q?Wdb__gkc\_\^cZ`gbUae][^OLYY_UJT_TFWWQYfi`[adlopl_IX\WT``ZUTY^ZRMZ\PB>QbidQP[ce`ZWQV[[WY[RSOQ^hfY]_OMUUVUMLOJ>FPZ\NM`d_KZ`Zdfed^\^\]]Z`ihcdgaPS^cbbb^[_^^`ZS_[NV\deaaac`]Z``XZ^`c`X]]VLV`ZV\_^[XZ`gdVZff_YVTV[ee^YUWUUMIN_`WIY\WTSP]d_SOQY[OHTXSXZL:?HIEX`ZTX`VCLUUQOOS\a][UQXZUNDFQUNPVUOOQY\]VIQLT[TMNNPZWTQE;BXZSMRY[[]XM@CFCN\\[`Z_ZUUSY]YIYdj]SSbbXNEO\^]`_X[^c_TMYWMNKMPX^`]MKOZXRNXZSVSNLKNYckjVBLZ]VPOKWRKZ_ZTPVbfYAQ[SA@QQPQNEXb_``ZWOQTMGI_lneUT`]ONU\_WMKV]TX]Z^cciieZNNNUPQMOR]`SIU[YQUXSKO\XKNKAO]`nvzŸŸŽhWfc_YMPW\VLNSMC@OTVRRVTNKMTXYZVIEKLI@IPFHMJLX\VIMX]_[OFPUNEEOYZTMURMHEEQNMQVVWUYVKGFFOYQPK=NQJPOCITVUTOHRWQMIIMQSRIMROLNPOSRONNVXSMSWQF>DMWUOPJNUNIRPPK>8CNKKIPTVTTSUTSNSNQV[UPNLPHF@BRWOPSUMJSZVVKHONKNPZ^XE?FFCFFGD@JMBDF@@=@MQQSUSVXVVXXV\ZPRQONQKHNKGHRYTR]klbWV[\JGPZ]]_f^VZ\]YZaWQVUabVAG^d[\``b_[SJOTROOUNSccZRYbaWLJIOZ\TS]bZMU]YNXPXc`WMR[defbXRQIJVSOUYVRS_`YZ[_^]WQW`a_Z[`cbJ:MOTZ]\]WXWUWUVZaa[XQQVa^WLMUZaa`dc^XQOV\`\Q\ccbge^OQW[bc`_`_f`Y[\XRMJOSOUQ\[_YQV]`XSWekgdaUL_f`[[[KJ\]TVUJVaXNTY\ZWOTWU]fdcYVONHDRTKBNQXWXSMTREUfh^V\``\[URRU_e``fa\]f[W`aSWW\ZX\^Y\ehilf`XanrquphXZdjf^YOT^difXKS[^X]dhfcULQOLYa[UV\dcXPTX[\^a[WYVLDMSRTWMJOW[\^\WXfdWU`_[gkgba\\glbQ\ile^_a]\eiee`ejfZcf\^qpdWW_hkjmi^T^bdc_`^\\dkmeWVehb]agjdbaggYZ]UX]]YYQZd\X^c]\]][WYWOXWS\[SZ_VE;K^d\S^^TT`]HNWQMVUWQNNNNOGISKAWadcYKIPTYTGEVYTVZWQEHX[a_OHUZ\ZWYTLGKMMTLEMPEFMTNMSQEBHK?:QXMLTYZ[]^`]\RVehbUKV_\YTT\d_UWX\XTUWTQTMDLPKS^XS`^JS]VNX\ZYMBMXTX\UWYUMOQQW^VQOFPa`TUZ^b\PPQGGHB@IUY\VQLLTS\_YKBGC`w|n`[PORTTSNCFOIIERejh`\YY`[Y_d;JOPMLONMU[VJCC?A?LQMHOZ_a`Xp„ž¬ª˜p`kd_XWY[SDDOTVVQPRTRQUXTPPV]QTYPJRZTJGKB8JTLL[^RMX[[]VFKQQOVSPRPSSB:DOQQF@GTQGRYWZTTTOVZULNQTU[\ORWY_\UACMQRJC@GSYYQIKLOQRNIJFHNRSQNPSVOEGUWXYKFTPLOOJDDGLY\SR\ZWTPIAGQMG?INSLJRSU[[UTZYKBLNHDSUMJJGNLIKLOSQOHHIDHQTDBVYPKBCTQ>@HJGPUJLW\_da\XOPRRLMNQQORX_[ahgqwmcYZa[PK[a__YW^^PQ\__]W[ZXTW[TMZ\XYWUVYSELYUNEFRXVQSUU[\SSZXVYWIBK`a\PTRQVTNQVUSUTSX_dd]X\[][VMTXR[cd\UMW_VPRNLJQTVZ_^QNSRNLSUZ_VVXY[[W[_]ZTOT`^XGT``[X_gd[Y[QR_h_X[_[V[[XQQa]^]\^[X[TOZ]TPTXNIPZYU\hgULRTQY]agc_b_T[bcb^YKHURRTTLQ]aa\\]SIMRTSZ`ZRNRY\WSWTGMVMS^\TKILORX]]\_cbbaTPSS[_WY_\WRTQW\VU^_bcYQ^edejhbWO[l{xvvqffkpofhife_]Z[\\QMXZ\\Ya^RRTT_bSJWW\^^[_ca]YZZ[[WSRPOJXYOQXYV[``\UcdZRWZ^W]hh`Y[[a]MR[]]^VS^`_bcba^hfddcTTfqtod_dfkpncU^_WRTZSV_jlg]VQUae\T\_XNXdd[LOU]d`XXTMT[ZVSQTWYVHR[[[KB[`[XVN=@M\_[VTQNJNM;GZZK@IUZSB@DJHN^^T`aZ[XVNP[a]ZY\^YLEKMOMTSPKIFNQX^[NENZZVQXMHLSMN?COU[ZTRTPJOQQIHZ_ZTXYX_a`_`aaa\QBARWSU]`[RPOKGDUdjaUNHJXVYaUJdg]Z\[]WST]\POTJBKSPRWUYWTUUOX_XNZ[PVd`[__WCAV]VPWYTVZQV`\L^haXTSHd}ƒvf]MHOTYZah_USXVZeeid]TGNKR\BSb_[VLHLFEEGGHQHKTOCIMQV^gnnp˜®¯œu[c^`\]_WI?CBJQQRTPSTTLLWVELc`WULIOZb^RNOQPRRW[ZUTRJIUQGAGOW`_QCLLPNLJHNW[[XX]VHRZb^ZXTKY_VY\VLJEMQNORSRWLIKC9.MO:DPOLJCHJL@>EKSSRTYUJQLGHNLHGQRJMOUYOMHDONSUHDPWOCK[TKRTPJBLSRQUQHLTXZXNH>7AMTWWHDOMNRTOPTVSMG@KIGRUNEKUUQPPOQSTKJPSVTUXRThlcSTRLGGLJQOKPUXJ_rsRWNLGHO\ZNU__WZYRZ^_]`^WLHP[]]]WTZZXYWOU[YSYZVVUVWTPX^^^^`_]YQX`[QCBU[YHPZXQZ^ZMJN_^OOSZff\YW[]QBQ^_^WQOJMQVUSTSURWYYW[[RT[XSMRV^d_UPQSWMOY\[MM[]TUPHT`ZWacTS[aWY`a^WQOJJUU[aTO\b\[WQKBFGHMSVVW\WJMSTKKTWN]`UIW`ebXTWMAUbjk^JHLGFNSRPXhfZURJ;EPUWUVQGR[\ZNMKLGESUOQRROIRSPY]Ya_TNRUTSQIN[_YTRU\UTKMRUZ\`XYRWc`VWalqmgbcg[fnpkmfdiiafkbTOMVae]PTXX[^^VOOIPX]YWUR[^WTXWUVUSNMTY^ZRYWOPWQKPSXSLR^^US]___ZTWW]a^PFTLOUYcc`YV[ac\NRX_d_W^^YZ]mvi_[S^aeja_ac`a\SY]ec`WQZadg]UPXSOYY^c\\daVTL=TXSSS]]WLKOMJPWRUWU[c_PCHKIOOUNSQOPSXSKNMKPLIOY\TJA>HNWb\ZVGCX^VPYWW][X\ZNVVYWUWVNMMPQPPWZYUQT\UFCFGHQSOKSROVWTPQHBSZa\NP\bdb[]][VXXZYdkgWERdqjWOOFSb`QFGKSRSUPNMWY\TN\^NRWRSY[\_UIRWZ^WNbe\Y\cbXNWYY\]\RX_[\^^XVXXY[\^_[[VTNWWRS_c\UQR^XJJVZURNXca\YPRZ^X[`[WSQTUQU\]^VNUWY^UMRS`hh_TPRZ\\WYW^[]\^\_Y][[WSPLKJORPROTTOSMJPDS_`ZVYYRW_cc[bfdVNFHFQUZVOLVcaUYZSJKMJQ_c`\ZZ[ZPS]Z]\DH[\RNRbid_e^N]b]ddUR`WNNKMHPUNXYVPJHNS]b_X\YVWUJJUZWSVVLEKNSMJZZ\\SISPUYRHFS\[QOWTX`faWXLLILUSNUQUafaakx|vjbVLHK[][hiaW]Y_flc]cc^[Z\dhge\QLGLPFT\YVMI\a^VQPTWY\^b^NLPW`ZKMUQMWSNLHO[YS_`ZZSTX\a^\ZUXaZbkigb\VWZ^b_SLLU[``^SS[ZPU\`aea\\\UX`^\_```]b[V\^[`_]ONPS[VYY[_\ccWVbd[PXSTTVY[OR[][TPJP[c`YZVMS\UIDPUUNLNQVTQQNHVXY_gg[QO>3FZ`TMSTR\_WOQUYSDU`XOY`]USYWLEJRZYWWSXYRMAEJORHFOQMDRSOVTLRSOU_XV[OTHDOZ`^]XUWcbX\jj]NKU]_ZWYUOGEGX_VV\\Z\[UGGLLU_ZJIS\ZZa^VV]cYNTX]]WFSa^RP`aQVcd_cpxvfW[XLOY]]UX\UQ\]]^cigZCLXZZ^jslUW[SOV]Z[ihahjjmtl]XRKJKH\aPLNNOOPPNKMDCWZRIQUN@DGMUTWbipr~›¦¢‹g[U7I_^RKOQWSNUXZOLPOV[WKMYTMPLJRUOIRYPNQMFBFPVTRNVYUQSIBLUVUSPOROFKZ[WXRJISNN[[RQKIPRRSTNRSRUTNJQZRFJRQQNLQVURKHJFSRTYXFINQKLJKCFKPQSXTDCKORIFLGDGINGEMNNTPKSWQGNTbdca^][][RJ@<:LVZ^[PLFOGCJRTXULI?INLMPLQTSOHGJRUPPICNVRC6EHJBPRBJOMMOSHPUXRQSTROJMKUbgcZWWLFQ]b\Y\_]\[^a^]d`YYXVVXc`ba]]]]YWTT[^be`YWTMSVZ[SUQS`\URTVY[SQTVYYRU`e]SX_cXLMRUW^^YX[\SRXPNXYad`]WY^a]TLTUURV\]`cVWWPHW\VTXNNQSSTTSSPWffdifZMEJT^^bdaXWQINVZRS[\^a]V]`afdWYaWP\dfa[T^^Z\\\[^]W[^^`^VT_fljdV[`YSZYS\[SOG>NZYSZVYYSNDAMTXZXI;NYQOXSMZa`[RA@HMMWXKNTO[`TLQYYX\\^\\S]gjdWRLKORehd\QT`ijhmolh]WSPWNV^X`hdYXeosutomfX`efc][\WHHPUVXZUVRBJ[ca[PRWUNSY^]UKMR^d^ZVSDLPCMMR\XTZYVZ[^ckiYPWbc`_gqn`U\dde`^bWKQQV^ZW]dafhga_YejeWac[\`\QPVW^]W\`^ZSRTR\\VLKSXWQOVYTHS[ZWQWWUMLMQRTaaUIGQ\aWU[VJWXNMTX``WVWVNO[_]YWWXbgc^SLSYT\`SIQTZ_ZMIOWXPOUVWTHKTVSJRVSQRUSZ^ZVVK?;GFQ]^VSQC<=ILW[\YZU[_]TR[`^^TPUL@GOSPIPRPOQMR^\RSRQVUUUKASVOPRPJDSWOAKQREDRW[[QPPPRWPNTPHDMZ^]^VJIQSORTOGFOREOXMCCHNIALJDENMQTPFDQ_YQSQV[a_UFDDJQUPHVYYWVRMJMWa\RTUONJFNPVQLQUMLROKRSKLNGD7KPMEFLHP`c[KM>=NRMFVSILMOLV]YPLW\SIKMOJHV^]VRPOOT]\W[QOSRUX_ec`[VPQZYZ]d__ijfb]XWMRVUYXWYTUVXRNYTVZVJMNRRNOKHINW[\\a\SLS_\KQVUZaa[YWOT__SOWUV`_YR^e_QSX[TVVTNJKVZRH?CSUNLSSMSZ_YNSOCP]abb^XRMXXZa^[RKWPKXa]ZZZSOLNOWRSVYIFY[P[[`d]W]ZSXXNU^SWda^\aZ[]U^`VSINLW^VGMGDNO=ISUYYPEKWUTXUXXPRVIIYRMFSa]W]]^de][YVWWXYYUTTZ__\[XT[_Z^edYVXZ^\^`XRQNJQNX\XPPPMLDOSTUYWSKKOMQTVKJVTX`aVNSTPSX[WUimcfqz{vkOLSK>KTFTkupb[jppjffhbXYaec^fd]O;?DMFFJEKOW[_\RY[STXYUF:GX[RKOLDGLR\jnfZ£¢gMS>S\YSNIFKRQJLRTQPVZTHABNVWZSROW_]\ZSIKOWUQMUUOPVSRY^dfYU]^VHOSH2CVWQELUZULHPSKNLNRQYYPINOHJGGJBHOPMEGUYTUVUWMFHOPXYRSVSOHBX`XJ@FA;EIMQRLNPFFPF>@OFECEGJMMTYSUXVQRK?AJTVNSTTONOLLKIU]eaVXUTSV[MIU[ZTPQRUXNMQIDTYPGHNPQPQOKJMJDEGDQ`aTBSRNQSPTZVOFFOSPMQZUJNG8SVVPHTX^YONSPSVY\]UP\UJIMW]STY[X[WPV`^[be_\XNY`_\QXcfcYJPXVO[\XY_VDEX\NPSQS\WOVS\_[Z\[ZUQWXVUTUMUSXekbYVRTRLUWfk]IRVTU]\X^faTU\WLMMMLQWZ``\_YTXVRXWNRURPJWacbf`\UJODEZjfbheQIQSLW[UOKLRMJT]WV`ZMSY\e]PVa]QVYRGFDIYYSUSWWJHVd_LCPUSXXYVOTYPOYTXb`XWYWRSGPRY]RMONKU`b]]WQM\fcZSR]_TPZcd]_[_TFKTY__c]XXaaTVUHSedfqtbPSQWZ]dgZWUKK^fgfii`L`eegmkcZNLXZ^[MGV_[Y_[OYeba_ZTUQTTSPMIPLY[]_VUZ``[WPLVSHT_YQSQV\XW^]WVPHQWPQOVVNP\cfe_^VWbdXJRagieca_U]gkh[MX]agkhYRTRPXUScfWNUQNUMHPZYYXQRXa^YYXRL[__Y[^UNORTQKNVTY`ZQLVTXXRGEJ`qoi`bcc]cnlg_XTQDMY[^XMSUYXVZWQZ_VT^aZZUIT^b[TXZ\]]ZPS[YXXVHBDBKRWVPPIIJGOUYUIDPTRHIKPUE=HBKMRUTMFNTYZ[aaed\WRU_a\WWSKNNQ`daWTW[\Y[aeaY^XTPUJN\XRNEFQW^\QDKUXQKQ\`^\TT`cWY^UGX[UZY\aXPVYgrttoeXVTONXXOVgvvdRajmlede_Zdnoedokd]UTJ3IZZHMMLLWUHQWTRLPW`[RO[^YLMLPLLHM[YMHU[UTadWP]YY\]YMJQSXYKHTXTNFMRMJDLUUVUNGD9:EILONFGOTMLP[]Z\]ZQPQTT[]MLLRXRC5BPROPHKMHA>KRMKF=GRTOKNOGGF?<=DOQRXXRW^XICW^TUZXPOWUQRIOZec^`^TKHCJQPMWXWUQPVYQKVWSXWH>MPOMJC>FVWLTUMOSRNQSSQSZ_aZLQPHGSXUOQULEEJUYSOQV[[SOTXXSWYUCAPZXCKU\dc_^W_]]_bgde`bb^XYX^^[Y_ghig`QUUNPVVUXVRTYZWYVUYZTQ]_^_ZY[__\QQOHGTa[TTZ]gd[PRS\YOVd]PLNTU\da^_bcYS\_\TJQORON\]SVV]a\RSURWUVZW[ed\\\^WLTTVTWZ\_bc]_bZX[SXX]b]b_TOU_ZXXVSWSV[WUTTYRUY]R\cRSWOPORRRNJPcg]SWSOY\df`][^bdZQIHX]TM@ANILNQRW\\\a\VUW``UMO\^TQ\[_`cdaYTMW^b^]MJFS\LSZWZXX_jh^X^\XTENZcfeYFT[U\[NIQX]aZXfje^^[SV\NHVaZX\ZIR_`^[QROUeiaZ^[YS`^YUMT[WUZ_[UWXOV[]\\VLRSSZ[^[OOY]bbWLNQV\ccbb\YS`gdZ_^bfhfcbaelooh^]bihia\[ZTAELUaf_]ZMHZ_VMV`]VNSGAOXcaZQV[[TWVSU[ZTSTSFKV[YZVXX]WV[\UahbdinkdV\dY]a_OQ^]VRQUNJ[WIH[\OKY_WQZ^UTV\e_J@NPWSRTQLRX[X[WRVXXURPJPUPNNNPWZVMHOTRPRPXPRRK[^[YPNUUSV[W[gljeZWW[WVYc`Z\TTOVdibXIMLUTY^VWVSY]XJHORSSX\]dfeaWVYVX_f[DO[_edTS[WV\[UV`ca\TX\]_[[T^kpk\VRQQR]gi^HM]hgUTXQ\msmbYXaa^\U[[P[`Z^MOKKLHIY^b^RJGCKNOY_]QQ[WSfytc¤ž†[NEOSTRSPNHAKQOGOOQSUVSPSNJHDNRTXUPTZ]Z[ZWJ>JOBKUXRPZVKOYQLZZTTSLT][J9GGGGKZ`a[PMKQRRQT[UJMLC=GROJGEDKMOV[RNTVQLJFCKMCANTUPACHLIBCOQOHMLIMWRMQSQDNYRJMUU\XKU]`UCKSRLLOA@U\][T]bc_YbaRDRNFQXNJOYYXKHPVSU\[OLKO]Z[jn_KMROUYOSQRR\^\[^mk^MY\WP]cc_SKVVV``YQT^adaUOU[abYScifddcc`]OOVUQXWLMQSPRUT_]Yae_]a^XTbeZVRTZYV^a\\d_VRX``UQEH[aXVYRT_\V\]XWQ\ff_XXbaa^[XWY_]WNSY_ecX`hiea]\b`XYYVTSXZY[^ZVYZVLU^WJOXWNPa[S]\YO@BRSIM\]]ULNTWZVPPVYYaXUVL@?Xc`XGL^fea[W\faRPUMR`YOYTOYXQPHRVSMUODOTYTJJ[YNJLHX\^^WO\`VRUKPOLSVVOMGHVUUTXYRMTXVOGLQWWPRUTRCU]`ULJOOKWZPKKW\XTWVWZ\^`]`bVRRQ\ege`PNU^YWWYVMGPFLRS\]SM[deefcYZbb\Xc_Y[^\YYYVGVigZTXchc[\`^]^b`]\dsrekplcbjndU]^YYcc_]YZd\X_a^`[^ciojXSV]gDWZTOOHS^`^X\\USTRTVTLQZUSs…†vd“|^[PTV[VLEQSFHQTQIOOJJPRONOQRSTUPNTUUPJPQSSWQRMHV^XIM[[RGJNMY\QEPVYYQDPWLAGQYSBQVJ;EQW[\WXZYX_\TSHHSTRLOVRMMKD9CHO^`UMR]WMSTSMDETVZYG:QWPGGKRQ@GNJH@AU_[ZUS``ZPNNUURQMMPOYXP?DLKLURPTWUGAIMV\WSPMLDIIHGBV_VRT[^[UUNOQKNWWVQNRQMRUSU[XJLI;U^XEO^`UNVVLA[^]\VKNORTTHMW_d_[\]^aYKS\ZNRLAQYW]b_SUbdZ\]XY[WSVYXVRNSZYTTSSX]Z\```_\[YWYZLOTY_]TWYUVPUZTJNYUSY^VU_`Wad_VUZZUX^a`]\ZPLW\\XWUOZ^UWa_[WUSWZ\YUS]^\Y_]SOUV[_\TJCIHNW[ZUPPPOQPEHJMV^`^aVJYUPWWXX]fg`^`egc`[LVcgd\_`dgaW\`]cgcVGLRXXWS]^Z[[Yad_\^TT_ba_T:FT[^YOSQHSSST[ZODDKY`[Z[XU`\KIKTceYJDNY]RTlraMKJBIRRYaWWlUc[akicZQHSUad^gh_[_WIGJZaa_dbWNQY\ZSS[\SPUZ[VZVRRQPQRNQINUW\]__^[aba^^VKPYTP]`ZV\baaeebXU\_\ZZRTac[UQSYZ]gh]XUY_hh\[bdcWJUZTQRTSW`hkhehfgfimdOSYUSW[ZbcaWW^died^[^`XQQRRMJ]\RUTOQVXVGC[ing\XZ]^]bd_bhcc_M?AGK[bb_VOUSW]TMZ[TRQUVOQQ[ebW]]Z_WSRVRQO?JVWKT^Q=RYZP@T^[NKLT[ZHMTUSOSSMVXVRJM[YRJGLRPHGOQOPVYITYYTKX^VXZPQX^b^J>ARXPR]```_^_XVVWUXXX_daY[VKOQSUVSTTZZ`a[X\`cXPMXa^UPLS[_[^aXKKWWSU[]VPW`_We_VT[hi\VWhxvptuppomjjbXRY`mqg]][VYVNFCNXWTWWTSJ;JIQWSRQWYVVSQPOMU]b[HEECIJS_baYKDCPVWTXOPWUNMR[YQMFOWWWXZ][][QSMKVcXDHTS@M^^YZ_ZKI[[R>57KY]XVSQINTUJKSWVWSRQGMQGLQVYWIKNMUUZ\WSTYYRHLIZ^]VUSL?JMS[`\UW\YY^^`\TWfd[TVSUU\^^`a_\aZTVUUXTTSPSTZ`__baZZ[_cc^[\\UW\[^[RTVZ``YU^fcNDFXXSOOUY\XRY_X[^b^RIQSXZWTcdc][USDE_gb`b^VW`aWF^e_QIT]ZQL^gcXOGUW[ZWV[WPSXUOVPGPW\_cbWILNGNTTNMHS\a]ZY\]WY[[QLRZVLJX_bb_^][UXY^ktsbX^^UTVZYZXW[_ecRR^]UIGO^b_[\\SSRRY]WRRFMSQWZ[\cf[LU]ZY\_VV_ZR\\[YPNOW]ckicb[\cfdZ[bd[YXY^eha`\RJMQ]aUQ]`[UVTSTUOMYbgea\YXYVZ_``ZVXZYY^XOWYWYbe_[]_PU\[[_`]XWVWTNOPUODPSUTVXZZXYTMIL`a\cb[Z^^`jlebecZQM\`fki`TMPZ][XOEQW[Y_eiiidWO[\`fa[`\Y[XUZb`^[VHR[ZV]UOY^UTcgd^WQU\`dgdaYXS[db\X_hfZHPRORSVTQQW]c^ZVV\c`XHEICAPXXO?I^_TSUQR][UMGOVXWRTVPX_VLUUFDETW\UKDCAEPRXWYXZVPRLFMY^]WMMBDCADLWZWMLPOGO\^TYWPRQLRX\[VPQMMEG\igbbb^_ghTQ[L@RY^dfd[POVTMGMJ8JXWRMS\[WTQMN]gdc[OTUUYSRRW\abZPSXVVPF_rrgdpujWKSXd_TX^blliZUZ`eiibdhbY]WTOLLDJX]VNUOQUULTWTSWLOXSCCJKPRIFMHQRMXZVOSakrtl\RRRUQU\UJDNDDDOWTLAR[WU\ZRQRUWXSJMSUVXZMPOKLMPPTTTTOFHJECC>EUYTJIRURJIVZ[WZ_]SIOTXXSTYYPGILJCR_[UUYYSWVNRNMIRUTJILLVXTNPSIHMMNRTOKJQQPVWHJOQWZXLHNRJELLPFKOCPVQNV[[RSZ[^YRVZXURWQGMZXOMQYYWZWQHOVXYRPKDENDEVWKOXYN:CHILJSYQA>CKS]_XKHMZTLNKJMTSOC>OPGLHOXXXVTKGNPLQ\`dac^UNWWZ]]agea`^NMHQX[__]YSORTSPOPbd\SV\_^\_]RT]WPZ`[SQXb`UWSKHDPXb`VYVVUDAR[ZX\ehg^ST^ZW_]TVTNJNPPOONLRUWWRH_ih^XS]aVVZSRWXVWUTMOWUZQKMX[ZQNX^b]SS\UJKCCUZ^WW]XPD6GPMLTUDDW_UPQVRSYY\aZJMUW_a]VPKHU^WPQ[bZcdZP\YSUUS\bc^]__XRX_a\S^ihZSYWPWXLNQGT_`PGLMNXTW_a^YZX\ZV`YXaa[\\YYXWQH[bhli^VZZeed]ed]WWWZZXWVNQZXZ[^^acaVEDSZTUWV`hdWTVXXROT`dbXTZ`ZX____Zdcbcjiid_aa`XQY\\WUVX[Y`^NKXZZa_RRac[\[NU[URY[^flkc^W\\OIWY[[_[_^a_RYbb[XX]VV_hjgdaac``^\]YMNVYVWQHEQPYZOLY[NMHRRPX]ZPSQRTW]gihb`YQQW^]YPT]d\OVZWYMLRQT[ZUX\TVY[]ZSLOWTYef]\YZYTT[VJTWPMKKEP\ZLINNNJOTC3EEJS[RHKMJBNOD;CQUOQK>QYW^\QFDJJEDLZ]\SG7>TJQ_\TTWNMPLOPPSTX_a]UWaif^XON_gf[RJCPUMX[]YWVUNQXTFGFM[\X[\ZVJMMQ\ef_ZSQ\aa\VKS]bba^T^jpo_Xly|zrmlcVX]gdVYVEYeca]agmkosndeaWUX[VMROQUVG?NRPLVXLNS`c[JS[M>FNLOLNXTMOEILD6P^Y^cd[JLMQMKNL?GKEECSWMPMQWSFPWWSNSSXUKMNOTZ\VXPOMJLQSWWMLLKNOL>6BJUYSRNV\YRRRUXX_]MOZYQVX[\SNTTB?KTXZVKGOVWWZ[[ZZ\UKPMJIFQRIKLMVSLBQTWVOJIOSWTT[WTLSY]XNQVVZ\VYOHV^UXXZ]UPOFIGGVXJCIQFCACKJPUXVSSTRMIROOSRORVSMJMOX[]]TDLF?QUTMKRJCV\Zb\WWOSXSROE?ENQICNRTWZ__^]YL>HBWPKPX\]bgeVPJKWY`ZXXNGJKFIS``X]_ZT]YPMW[ZYTUWS[]VTTKO]]VOW\]acggdb_WZVOSekaY\^^VSPSVW`jjbVXZ]\\_`ada[SWXHKW\^`^TTSQ[ccdfb[[RNU\\UOQVWO?JLLOOPPX[`^VTYYaa]_aWLW[WXVOOZb\KGLPPQLOJRX]a\WZUNM_eb[WTRKU^a^WNPVUPLPWQN_bcddYQOKP[^XQQXdga\\]\__b_QUVWZ\ZYWTSXZdbYTRSMHMNRYXZXS[]acc`YUX\`^[[\VLGY^YRTRPSUPNRX[\ae]YWVTRTXVSIQ[_cg_SJYc]UNDUc_IMV\ZN?M]b`[W^fdWNV_\V]bhfehjdXP]jf[T_g`Z__UL^bYSVRU_e^UZce`\W\^`_UZ_dkjXNUTLTXMJPFEMXde`Z_ig__YWR\ihe]XMXnoi_PNSVOQU\^\[_^^cdWT]ZQQNTYWOPUSUQLT]_dgd_VMY`XRRZSLR^WRXVT\QK\ZX^\QI@RY]WR^b\MX_beekpfXULMPO?K`bV9CQRTWPZ[ZXQGKIDJLILTSKIIONRPJC>EORNROKOLJORXPMUL>ISNLS\C:TSVZWNGMTX__WSRZSGP[\]dgbPLRVY^ZURNGIUX]db[TRUXScf`]ZOPU[_^[TVVWVLXecUPVWZUTX[UW[^VR\`gmpsrlhoupc^VNOVVTVFQZZ^dbZWMI`fadaSRPLDKTTMTUQSOSZPHJHRTUQQXYOLSTMJSTGGPSQNPTXUOOPVVJRZZWVWULSUQTPLJILIMKGORX\WMOUNPSPDEOTSRPT[VRTNQTPONGKZ_YWWRPQPNOEMY\SWWSQKS[YYUTXTRSRPX\VFCLYYUMSPNPSNMSUWWSLDSXYUTVZQMMLPSPPUPONETMGFIJDSSIEGSRMMRVSRSQTVPNPUU[``_`ZTUUIALUVW[VRSW[TPR@@LT[X\[PGQOCEJQTYVU]_RQW][USNFFNKIRQGLUWVTSSSWVYa_QPQVQOSIBTYVX^^\[^ceabYWQADSROWX\TQPUUbdWJV^^]]SU`^UW[^[NY_XKY]TOccXWVPW^bchfZJQQPMMJPWbjha\de_^bZM^e_]YXYUSPTTV^_e]LY^^[bghdaWXac^XUV_c`\VSRUTX\^`ddXLOY\YWUNPULIPQTYX[`WUXTRZca\RSRMHQ]b]MQVMO]]OP__SNOQ[RSV\ZZ`]RBNPOSLLDV`cbacd_RPUZ\_[^hg_X]ZNOU^flgWDN]jcYYZ[`_\[TPKNSYYb_XV[]YZ`efcXWRNV_`\OBKPRLVZVZ[VUPKR^e^NJWXYVLLY`_GOTY[ZYebNLSSJOLI\`]]ZW\b`][X[_be_TUNR[QNZ[TW_\]ed]VWYSWahe]W`ibNV`ff`^egbZZ_a`Y[_ZUIMXRJQRQXYY[\aecPCXWTXVNS^]XVTVTSLMJPZeffedb^SQP^cabefaZZ^_]WRNJDDO[dd^dgc]YWZ__\^^aa[QRQKT_adgdXUXVPQX^MHWWZXSTWYUMOXXQU\TQSJMZ`WVVQM_`SJ_hd_digb[RWUORYb^UQIUTQURTPNRXTMRYWHKJW^VE?@=KW\TINTTW^[XRNVXYYQ;MRFILADLSSVOLIQNJMTRPVZ\YVQFORMLMSWYVVZWSV[ZPRUTHLSVVYYRC:EUQDP\[TMLTRMT[`\JO\VMSYVTWY_]XYQMVULKMJBOUJRRNYYTPPTPOROHEHRSNJKJJOOQ\c_JCIUXVSZ^WXVVWPTWOORLIN[\[[LKOOSVQQJEQSNGV__XQRRZZ\XLGMMOPPPGJTZ`bWV]^]THKK>Mae\NKCNIL^``YPJPWVPMZe\RZS@BFIMQKQMVWTVWVRFHMKT[PMTUYWP?GFIOPNQLJORFJGDLIJTOOOMVZVX][^d]QBQVJGWZNSYTLF>HEHIIRRIKQURHBHNLQVPOLJPQMJE9IPYYRVWPMHLNA>ETTDDNH;AMRVWZZWVUZWSOFRUYYTR[^T_idWNQQTVW^_\YVZ_^WS\^b_\Z]YNWa^HLPIX_VHT\ccea\^_UNLMVYVW_`ZKL`^T^ed\WU\UNW\XOJOLOW\WSPS`c\``U[\W[a`\VLEIOVVUZXOOU\cb\]a_WX[YWY_`WP^bXU[bc^PNJCY_USPOVY]WQWTV`fe\PWVKFRUTQJMMOWYNPX]WVVY^_\be]W]X\[VV_bZT[`]QCPWVXXZ]hd^\WQWUUVT]]NONOW_^\SR[b^QENY_]XY`cg_Q;>RRPPV_hi]HNMGQT^`SQXXV[]\\Z`gcZURPTNL]^ccb^YTTXYbfda\ZRRZ_[]deceb^]\b_YULLYWLPSPYca]]\_da]TW^`bhaWT^fkhaa\OAMNYYchc]XVT]^WW[\\[]_a[[Y_fe^Z^]QGMYaaYNU[VMPTY_^ZXagjkrwmSZdflrjcfe_bdXZ_VQPHIYa_]\ZTUWQIIVUUURGCW^^UKIHP]`ab_`]UQMT_ejhaac]TMSYZ^WWYYVVPRX\RPOP^he^\[UScmm_SZ[UW_]\WMIMIRVWYYYSLZ[YWNKS_^UPQSQUSUI@OSOPTURRKJMLJRVVVVYZ[ODT__S6>SUV^\ZYXMKORX_^`d_TQJHW^bSGKZYXYVR[WNUUZcdVNUVX]ehaWbleba^]ZN;9SX_nrbWY\gmf[TX\\__Z]`ed^[V\fje_UOMUXQRXZV^beed^QPMFOSR`hgeZQQMQSRLKPMQTFHTUUVOGTUJAELPPHMSXY]UGJVWZ\YPRXTRZZWTSMNSXVSXTJGHHFKQUZ[WZVGJY^[RPUTTVUT\[X[WNSVRRVVNS[YRGMRSSQVJKLCQZXWYTLRX[\^c^TOTUNGV`\QOOKVRRYcca^[LNWSUZ[YUOLKKPPUZ_XSTYTW\UNMJSXRVP3IOLHMKNVWUWTNQWGACKNQ[WLKMICRWTOKYYOPQQTTK>CW]TQ[^QU[YJNWQMVWOICAEJQRJRZUJDHUWWVVRRRTTVOMXTMNLGFUUQPPWVH@INSPHCIMYd`YWSMP^^LAff[aggXPVYS^aa_b`VZZ[ZWdjld[b`SVaeg^[[]`aTTc`VW\^UUQPXSR^eZS]`]\^ZTIQfib^dia[XXXXOORW]\SQPUW]WWULPNNOW_]ULVQU\ZTJRMJYfeZWZZVPQZ[TVcj_L[aVQ[^\WVVTIQRP^`]]XSOMV^daa_ZP^b[VX\__[JEAMXNHIU\ZSS\gbZ_b^RT\XQSZ_^\VTUQVaceefhhe`bb\WXTJP_aZUTIM[c`TTSNY`YDK_gd]_b`]_^a_TJOVY_b_\X^TISXTUTSV\Y^^\QQXbaXMMRROUSYVIWbbhgb[XV_`]URWWVYekg`[_b\X^^XVNVUJMXZTXb_TSVQV\[VW_effd``b`]]ZVTSPHPTX_]ZY`b\ei`SWWLLS]\WU\^``Z]be_WZbdedXT]aabaec`\\`dbbhoh[]^hnm`YZ][YVV[a[W]^U\ca^^^YNPROR\[SPMHIYYSDERVUWckmfb[YV\_cbc\TXYZ^\VXRUSUY\]ZWWUVSPM\_[`[JGPXadc[OY_UO\^a`YQNR\VNXVHOSVVJEHNPY\THKMNFBJKKH>GMPSQSPPRPOUWWUREOOOSSWXY[YNROBMSY[YZacWW_``TVVO]_YVXIL_\R[YMRXPJUVMZTLUZX[^X^\JZb_Z[[VQPGS]dihedaUZehhac`SP_chda_cb\dmgUQ[WMTZVLKNW^Z]\\a_XVMGIGNWcgaS^ecYNSXULFSZWNHDLUV\`\TJTZ^ZTTXSVVMAKNV[TMW`a[UXQAINLGKULPUMEPUTPMRX_[XQJNQXZWXYY\ab`WPQPNRVROXXVUUVPJEIMTTQEOWRLPSVRW]XUTPLCMSQMOXSKXa]RNQOTUNCIX__\OPZZO?ITSMPPVTOSNGKUWSHPTRQDCRURMJDNCCIOPPOKS^aWDOTNDCGCKVYQBCGTUTODMIKESX[ZTUOV][RKQVW\\KARVSS\\QFGQVSJTSPVUXTJIIRVVQWVW[PQTUOVTMLZ]OMOHLQVTRYWOMNJFSZ_bMGW`XTQacc`_\PIPRRVb_\\UKPNYWVcikaWX[YVTORX\_\\ahleZSYOOY^WQX[\[]aZUVXS\`]UUVYZW[_`_UUWYVW[\a`YZTZ\VPSX[SMU]ZURPMGVUUYXPR\[Zc_MT[XVSU^bc]c`UP`aZcb_\XNMQKOUNV\^_[TMNZda]cb_W[_a]NNZ`bYNUY^^LDTW\b^VZiocW_][a\[[UQPW^`_\Vahfa_caTGKUVSZ]W]b_\Y\``YPNFLQUWZ\L9`dWDEYcZUbca[HKPTTSXcec]WUTFLX^ZSR]dd\PRSSTWYZZPQLQVRJT^febd^PHZZWRSYWTW_\W\VbeZMSUYXSU\bbc]WZcf]POWWTZ^VXQZ_^ffPP]dd^Y`bc^Y[\a^\[VO[]^_ZKFYgd^[WVMOZ`]]\SL\bcb\VXaabg`X]_RUZX\cdb[_[[`][a^W\^ZZcbYPZaWVefZTWYNMZ_]\UKFDJNSQVXNFLPXafd[VVRTYXWPNECNQX``ONSVUPNNVYXV\]UX[YRZ`_\[UTS^^UR^\WYZ^fhg^ROVSZ]]RNSLPWVNNQT]^VMKGKJQUVQHH?=KUTLMTXZZTW^XHMPQLB5IRSUPNVYONUOW^ej[T_ef^RKK^dXILMRegXVRLP[`]WSRIGOTXa`\bhd^`]MO[efffcccgdeacekifhi`bmlYLVXHQ^cb\biga_cd]`cda[Z\TPSW`kldUOTQMNVgje\bgke^STPKIMRXXXXPKObe_OHSWXRONUOJINNQQMPNNOQ]aXPNPJLOLCKPURCHPQPNW[X[]YRNQVVQITVPU[_\VNJNQSVQLOSXWHCJONQJJRTQKNOB<@MTTYMEGVVLNNUYZWWNKZ`\YYSMOK@>P\\\VHV]WSQSMMNW[UQTSPUTMKHMIFQQGPMOW][ZUIPSMB?ADQUVRTVTW_[OOYWQSKGGQXUGEOUSLICIOW]`VNTUSWZL>@KQQQRJSVGITTSUUNJHPWVQSURPMH>8=QURJIIIT[WWVRQTYYODDOWUPGQ[Y[ZXSPNYXHKSRUNHNS[_[VEU\VNLV`]PK]^SQVQJQRTNT]]TPNFGLORZ`]XVQHUYO;?MMVWMGGPSUMY_a``XRU`^Xage\P@JLNJT]VQSR[`\^XOSUXaf`VRV][XXcgc\WPOTZ\]]^`ZPPPUZb^ViplaPSYVZa^T\lqog_IQQEK^c]VPM[_ULRRR^cX[cdZUXdg\U]XYRVah`\`YU[c^UW\]UQTLNX\XN4>U[XNFTcfba_cgfg^QT[ZTOV]ZUUZ_\SOSY[`cZLNTNP[_UUZVOVYZ]URXVVQP`ie^NRclaNT_`\]^ZZ]WYTUVTSgx{kSUXQTQP[\PHMUXUYZSL;EW]\Z\XQPRTPRTVOIEGXbed]RX^jok^_lg``\_c^QJR[WSRS\VK\hdWPFDDMUYKE\WUJS[]VKBEGOVN>YhhehdZPOY]UM@R]_^[_]_aWV[b`UPUWW^^VZ_^SW`^]^[OIU`WOR_g`^hg_SP\^TT_b[][_jj[PV\gpnjeSHWTS`aX\[WXRQI^dec^_^TMGJSQZgjcYTRV^ac_[^iqq`@CHHWZ[TY`b^XX]^_\ZNT_`_ZJGY\TM]egbXTX][YVTLT`ZZehbWLNVVSJJO]\VVQQNU]XVbaOQXHOY^[Wfttoij`YYXOQW^`[MHFPVOMVYUHQVVPQRYTPVMNZYUWWZQCFNVSQNHJRWSMILMGLJDQWXXX_]`\[RLGKTMHAMXPOZbkplidde`YOOZachaNFRJRPTUXa_Xbdc[Y[RJWcje[ZWYas|}ytmjomffolklh`XRQMQVcktz€~rlmkhf`VMTRBKZ\WS]cd_V^XN^cdcd`^ZJF@ELPOIU^ZRI@@MTXLTK?KE>PTTPLQ[Z[`[YWWOMSSRPOPTTL@8BQPGNUUTTQPKOWMLNQOKJLNQNKNJ?RXXVZTSZ[QV[]ZW[_cZSUNNWUJHQRPRQMINMWUY__TPNLGEIKOLQTRO_cXJF>EJMPIAKNKTTWUQLMTVSUSVYWNLC?MQOLIONLJOFIQNOTNNWUIFQZY[_^ZVPRPSSVPUTUMAJFIVXUSS[XUZ[RMR[TMNXZHKW[_]TOUV_dYKGNXWLG[_TPGKG?KOKRWNFNWYLHT\RT__YPVXUZYPXfd[UR[]\VJW[SQNOUZJa^]cbVO^gfZ]]a`beea][VXXV[b[ZWSZXWTW\PguwiQLS\cbc][ennb[[Yae[Y]ZTJSORUTUUVYZW^cb\YVY`_TIOZTI_fYITW[df\WWVWVQXWY\_]PNV`c[QRWVUPV[dc_adW[a^URZbdVEQZ\ZYXW]dd\[]^ZVPX\^_XY`ZTXTVcc^REZeed]UW_c\XMOSIQURQU[VT[`^cswnc_\TXY[bXN\^W^XJGNOPLOS\^Z_ca]_^Z\XTPPZ`[]\W[\^ehe\T[e`VWY\YUad]UNT^`QHUZXWTTUQQ^d[Yf[nbYRWWHNV^`XFKX^acd]WUQY`PFV\QBNZUPY\XVVWXPJPVIM[`^\[Ya]clh`[PNTSSWY[^\`c]YSbie^]\R[`eg[ON]\_omed]YaZURY^da_`]XZ^c_]]a`[RQNR]gj`UPSZ`XWV[`aSah_OFPX^USYXWU\c]U^\RPKFY`a_[XW^VNR[^add^YT^XRY^fkklmfXLLJV^V@TbfaYSOJNKUX\]UOUTQUZaWcvt_RWVMQZb_Zb\OLMMY\O?>GLFNUS=EXZHHSMIU[XSVWS@HJOD;EG=QSOHITSNPP?HUYVNMATHHIQZXWTRLETVRXY`jnj_VX\^[WQLPWYRWig^LR^cjph[_ecZYZU[bff_`hk]_o{~{pbcebgnlddfcb_[ZVWajognvnaZ^]`d`]^YWW[]]]ZT[_VUVYYa`ZPMRSRSNCCGMEOab^][OKUZQXRJXZPU^ZXXRFNSWTTUSIEIPSSTVPKROILRVXQMUUIEILKTRPMQSNDFFOWRFFMMMTTSPNSXSTSWSTYTRVZXZYWRWY\\WKJRUPJNU]da[XUOMQSPOWZTIJ]^YTTOVZUQM:GWSPRUTIONNXVNIOOJJDGIJSULITVWVKGGQSDDJFV\]XVNBTaeWMWUIHMQLILXXLGIR[WST[]^\SOKFW]RILLEGRY`b_WQQW\YXWMJZ]OLTQBVKFVREMTVVPLKVYOBKRZaje]PGIPUNEMYYPGRXMOWY`d[VNENYYch`\a`VWbfc[UZekb]fgcUMRVX]ZUU]\LRWZbghqvmdXZkpica`dkmgU^afjf][WY^jopke\]WRSWVNMMMIXad[QCOUQTWQPTOSY_YQNNZYQ^c_Y[c_RS]]Z^_a]YYYWUPTZ_PM^`\^ZWZZXVQY\\^][WRWX\fbN?PWjrjZT^UL_lg[YQM]imf_\\VQSRRQW]de_VNW`ZQ^kmpj[V^]\ceb[US\^XZ[VV``OFQPK[aa^Z[eh_]`]ZaeaW[`_XX`ba`XOSWZYY^caYZbbVSQVVPSSVWTPPNPP\_QV`Xg_WWUOJS]_b_X[YXXXbdU[^[SLRch_RPXWYZ\cd^YQHLZ]SQXXSYXURK]g`[XVW^\`d`Z^^`aTKO]a`\W\\Z`jokd]_]]fb]WV[c_Z^[Yac\YX[cb_c`\_edb^VZhrtia\TR[VTT[\a[Y[]\U\`]VOXX^bdb]POX]]\_fhbaaaY[Y]a^NV`fikb\]VW^^_ghfd\JAKZb]PZfaWWZRNSX[^aWVWUOWXW``WZ`XFNTONNTTQ][RVYX[]YKGPYZTRLJHSWYYWVOTYVOPWZSTX[QLMQKHRUNDUVO[^WOLS[SS\RLF@O``WRLNNSYXXVNT\_YW_Z^`_XPMRSY`nqnlj_^dnrobZYYTZXUSXce]`geimrtrj^^fchuunlkg`dddejqpl`XVPNYXEEallg\\]^cbcbUU_ZOOW^XK_cZIIX^XTMRK=CSTGPWXNTOTVLHRVQGMTX][PQYWTNEE<AJOGEGC@JOPKLDEQRQQNOMMMIHLPY^\VJOXTUXTWWONW\TWTPOLMKNQQVWMNTYUV\UOLHNNRNX]Z][STSSSUURXXSTRNIKNJIDW[UTVUWWQMI;KWLLNYemgSGQA3JMIPOQ[VSRJP\Z]fhe[QV[XZdjf^_ZQY^WWX]iplYXb`VY__`ba\LOVTYgjb_fjgfnlaejg^YUW[_ZL[d_^\ZgdZYhpog`VY^[WXQQUPKLQX_`eb\TSRWY]ZJRZ[VLW\TQN_]VVZ]TNWZLQXPPPQVUWZVRVWOTac]]YOY_VQP`dacc\TQ[UJVcb`b^bb[RHZd^hvoTMUSX]caZ\bc\VVWXZbff][Y]a]Z^mtsfY[a\_fadbWPT]aZQT^baRKT[UT\\UMU^`TR]gh_``YV]_^YYVW]WPZ^`^ZRV__\XSVOLKX^UGMWU?@P\\UI7IOMPW]adge]QTVS^da^QSYZPQ^aZTSWbe\V^b`_TV_cbWPO]bTR``[egZYcea]TOY^Z]afbVPbgg`NUagf\YOR]egijc]ZT`hb``\]a]XXQL]ee`[\b`YVUXW]]RV]dfghgdUQ_dec[SOY_b^\c]V_bWJGIX]\]XGT__add^V`^Z`bYXW_\V_eabc]UZVNV^UNW\_ZJPMXWANY]YV\hh`^`\_c^VVY[`fhe[NUYXUYWMNLFJU^\YWSZ^TNW[WUYYQPYPP\\PHW]]XQOLUXV[Z[HIYTQWQQRVZVNUXIINRYUU[VWULRXTEGEENNRMDOVX`h^RUZ^dljf`]VW[_dmtvkbcmqund\_WNSOS^fkpovywqhdhg`PWjh^`iqpkjnmhgoutjc[]ZTRTMO]imk`ZXRQ^`_\]ceXIScfdjol^T^^MF3=IBT][UFIRVURJNPSUPPG:EPURKKQW[_[OFHKQUQOQPPGCMXWQRVWVURMLPILTYUPOTQQXLGPSQQRBPXYR@KYWMIFDMQGKOOJMX^XMGKJ=KPVUJLLGHEMZ___VSVXVRTUMEPIDEMVZXTRMRXMGR^_RE@IKFHPULPXXMMRSKRSHMY[TZZUXV\YSTW\_WSTRRSXYYTX^WNPZ^MUU\]PK`ija]`a^_WY]^TOW[TBDYaaZUbg^NQXUM\ZUYVMVUMJN^bZTVX]e_WW\ckl_XMPPQZ^\WRS^nnnjbchfae]^_WZa_]XW]_SKQTUUZ\[XWUTLOZ[RMYZMHMXXU^c`_]]aa]_]^^__``^Z[XUV[\^aaZNMYTLIQORZTSdigcaa[SQZ]YVY`bceb\\_honbYZbe\Vcd^b`YWTIPSU[be_WVUPT_ac_UT`ac^QIMZci^MY`ed`RS^[VZ_`Y\deZ[_^ikbXZ`\RNPQWWRSOSSOFFTPHMU\^[WXRMV\VUZ_ZW\YVRUYYHDPVUW[WQZebVSWZbcWPQUUZgh`ZYOT\VSZZY]\[[W[]_b`]Y^ffilie^cdX^`UTced`b^fnkd[^^TR^ba`b]]_[]^][\bYWZ[RNeomd\^]cg\MTaegaY^f_WXWWUWac]UMPXQIIBNSTY\VT_loid^\WRNRZZRU]bab^WRLRXac\MRYYZdfecb^_^\QIS[ZRP[]XY_b\OU\\Y^ZQDVWVUVNV[W[fklec_YZXZZWQVQN]aZQW\\SZdc\WQW[Z[ZWQDKUVVTQPOWSKCMRIDRVSIGMHEQWWUROJJNOQVQLJLINS``[Y\jqk\krmZIVemec_\ifXPUOZnpgZ]b]]gqsjfb^[goi]TNT_igca^ZWZ[`nsibkogeaZY[RUX[YXPLNWQ@EOX`cc\BRTS][PXVOUSS[``[WQIEPZ[ZTIHKGIUYPZ\]VLDBBJOMDEKTSQNMSVQQTRLKUTV[ZT\^WRRRVSOLDLRRNLMNSKGLNMRVODARYXOOUWTQWZVXYQU_]RIPPJORPNMXa_XSTX[TJIFNOKKLWYRPSZRPVX]`\UJGDJY^ZRFMQSWYWRZZZXPMAFZ]UMU[YSJPWZTSUNMKMPUUI5DHKQNEKPMJFJLGIUVRLAHLRNHE@FMLNKNY]UUNJHQULLWXNNWVPO[ZNEMPKIJKSZ^YWTHDEPX\b`cbXKNPAJTVWYXOO_b[STTSLRY]^^[V^[WROSOOYSLSTECARQUMXgfQJ[bcb_WN^`\[VOIKZ`^RQah_MIV`]W__]``a]SNPQXaZSTSSNQ^^]]jinjd]WZac\_`grsg]elkc_hd`[bifgcZ][QTUNMOPS^YR_daYWUSPYRKJEJWYX\^^__ZXY[WT]c]_\YVWS[]U^cQHW^[QLQWOLQTWRPae_X[aaUB?EDCR^ba_YT[`iqqa`ae_[Xime`afgf`c\PHDM[Waa^YX][VZ[^[YSOJU^`ihc]]_^bZQ[_^aa\XWbgec]VelbWZ^TFRWQPMSYWUWUMJGBGLMV_]OOTOMNBW^b\\^ZSRWVUTWYQX^a\WUUV^]\_`]NMWW]\_]Y[b]X^`RT^ff]ZX[ejea_a]dkkgde`^ba_adeehe`__`ege`\cidCJTYTTTX[VYX[^afd_^SPWckle\``fjd`ea[^ZY_gjeWWb`SV[VOPZYURRPO]dXMV]_`\\a^YVZRS[TSZ_bfd[SSLJLKZ_]enjcYY_YUUY\XQFCJUPGU_ZY`[OGPV]]b^[VTTVZ[Y_bZ^]^fkoj_UKPTRIXXNV`ZSZbb[WYVUQFEKT]_XUQMOQPNOQQOORPTVHJPNHF??GOQNMW]`UIBAJXUPK=NX[]_bcfff`XXYLOMMNQTXUTSYchd^]ce[Y^bcgffdda^`^V_iib]Y[^bkf[_gaYY\ZZZRQ]Z[ZULO]_XTUTL\ZUdcWUbb`ceZWY]fbcb[SOZ\VOW[W[YUTRU\TGBW][XQQ]^XPMOPUTSQTOJTYYTZ[PTXWTURJNRKS^ciic[YXQNSRR]aYJMMPV\ZXTZ_^RMUKL^]QSVRTVMP]e`TQSPSXbg_UKTYZX[ZUSH>RZYZ[WUQQFGQQQRTPNQOLNRTQOQSPPMNPQVVWYMNOJOYTNMZSDKPQX\ZX\PON^b\RgwzvkZXRJUURUNUdgbZdgPIZ]Y[mt{|zo^VPZWT[_WLGJS[ZZWADRZ\ZYLMMQLAK^eb[ROTWU[]XMJSV[ZYYPBNQRNUgk^IV`\WSMX`^RU^dbQKOTZXVLFNVPIJRMFDJONJT\[]XWXPNX\\UYXSTSMRWTNLOUVRSPGHRWWYVVLIPXVGIWVQZTLQTVYQKHIRQKZ_SRRKGFMQRQMOTOJMQKCMYVLJVTR]\TQS]bc`c^SWa_UPVNRQRSLHKRWULF>EPPMKOPCCPSHCHU\ZRNSRTZUNPWVHD@CE:;KPSURHLONNNKLILSMEPVUVV_cdfb_ce\PKHTVWZXQSTMLQKIJJTWRPLDEONIMQMSVLNOJKKJNOUWPPTUVZ^RJNPRTQJGKEDNUVRSLIJJJIOXcYQVU[c[QSLKT`_SNRSLUWQUTNPFEQXRMHIUUV`]QQQMLKQY]WRQK:KQM[^ZWQMSUX\SOTVTWQJUNLT]UIP]`ZSVaZTTTWRZ\OUWQ]TJPVYjhXPV[[XV`cedaXSVWZa``^WORMJQOLU^]`YJMV\XUWZ^Z^gfebZSQXYcu€u_XXSRVSX^\TYVMQXRURSYWV[\MQUWXXPMMT\ZPKNWab]PP]\X[ZXVbih`Z\^_]\TSZQROP^]_ecRY\ZZbWHLZ`_JT``_eaXVXY_^VVSRetueWbZYWRTX_fipofd`PU\W_cbaVFLRZccR]e^]]]ad_\ZOOONXUUZYUSYbjhdcZOWYV^dfdahohST\^TT`f]TZ\\[[[YSWTRW\^[VVYZLT[[WZ^YY\ZOY\YX\WZ\YPGQROW_de\W\bfd]OW\[]bb`XTVOLQYQIIY\^^adb_[PBMU]_d___^[]^YQLZ]^a[ZSQUYX]irqjac_Xajgc_Y`ba^XUXWV]WUZ^]cef_VO\^^cYMXYVUVUJOVV\_XY]b\Z[WQPTY`ikge[MMQX\XXQU__^\VOW]UY]VNSPUZYYQJZbec_WOR]ca]`a]Z`baa^Z`][Z`a_RVWR`d\W[`df\TNXbc`^]_hkiaXTPX_^^^ZXYXN=IRKMUR_`TPGKJMSQHLRZ^^_YVVYRHNZUHLKEFOOILOH<=NXRGDMcPO^^ZYNMWVVYXZQ_rsmaX]aab[PP_a[^`^\YYUWYUQW]evznWVX^YZ_b\YR9KYSPTRMZc]ZXSWXYQXWNZ]^edYUXWG7KTVIS__QOWHT]ZXdjb\VYZ\VV^bVIRUQPN_lj_SJLEKKV]WNNSRWUVPOOFPTTQKKPOLTSIGNLMQUZ\[KJSPEHGNVRVUUMPWYQPVRRRGFJOXXMIPMNSSKSXZSY_ZMF?MUN<>FNZ\Z\WMZ]VSWVVVVZ[OLOKNSTUYYXUOUUWWQOP[^WV\SGBKOOOFRXQFLTVUPRUTINVNFMMXZUPOONMUZTTX[[XNPTXYSJML@GMPNO\]VVSNSWQMUWUVZVUXOP^aRNHOZWWWONXahf\P_d[X[WVRGIQRUR]jneWRZfdWXc_ZYhi^JX^ZXY\XRMPUW`]Xcf`\UIOX^a_SW_c_NGW^XOMHZ`^[\\[MU`a\^b_XQPFKOMXVRVSVXZ[UKORLDLQSX_\YYRJNMNGKSSMRWPTPHMSWXQCGGRSV\\Z]bbVMSbdccfrywePJ\]`\UWYVUWYYVW[WLNV`gf\\^YXaab\ROPNMGUZYMLQTHK`c_[WPSSDR^LMZ]]a[V[[WTWacYaieUUbd[WTT\ege[W[^\TPPMJOQRWVY_^`\\\ZLUYRLQZ[RHUWRTUNUUPPMAOVMGPZ]`\TLQ\]YLNT[WJ@R]XVWZVKJNLOICKEHKMJTWYU\^deedWJV[IALTSCMUZVNJLPT\YWXYUKJNQUWUMGJPTNIMRTRLNRSONUODN]\VQKNRLEHBLQU\[JGQX]\PFSSR`_RJLHKJBAJNHSSOVRHPSSY]ZUHEUYXXKBLVI=BFGUZPLPNDGTWUOEINWZXUSR^eYVUJCJKFDSZ[RFMSJJNQPPTO?DPUSSQUaZVURNMORSUJ@SZU9AQPLHMPVYSMSZ[X[]XKMX``]THMX]QQZZTIFKRVPRTQSSZ^]Z\YPOPHV^YNST`c\PPIIPTQMJMPVTPUVQOUZTRWbhž±®’bYORSSZ^XRRPTTVV^^[_mnlgZU`a\\W]^MR``Z[XVbbYTXZ_^[_a[SSYZ\ZZfabifZQSY[VMT\XXZailbL=ATWXVONQGHGLZYRWROYXYSQVWT]^YQQPPX^]Y[]^\WZ]VQ][WXYXVS\^VKTURSUSNQZ]bZP]d]__]\]^`kkh^[X_[ZY\\ZKIR[`\WWT]VYkld_^a_es{yueOY`_\VY[MIUZZXTSY^`_YQUTPMLDCT[VR[[MIV[WUZYTQ_ed`ZVZab^efefopqvpolhdZNPHBFPPNQRLNQSYYY]WQVTY\\URNGNRPHHW]PYd_QZhhcSDVXRPZ\YTWa[bkg\Ycc^]XUVU[b[TTWWXWXWNP[Y]dde_VSZZ[XNYc\Uilgcffc__hkkhfc`VYekjbWXbmjYX`ZQYWXVZ]\XY[NENWNLSTVXYPHW_[[`]USQNQURKJKOY[YORVUO\XRIP[^WRX\VT`a_[UZaXXbfbbbZUUTLO[jom`TX[Werqg^USQSMINV]_^ZOZek\RT_\Z_]TYYWZ`RAQWY\\ZQH@OZfi_OGSTNIUab\ZUV]^\PQKMQVSPKNQI?DPWRR\YQOOPSRL@;9JVQFEFH@@CHX`bVcc\]]ZcoqojhmnhljdbYNQZ_\Z^ab^]Y\acZ[_[Z]gq~zja^TV`^UNA=NXXK@OVUU\]YWZ[SUUVY__eieTORK=SRJVfjf^WMEFLUZWOQYXLKQGIWcdc]RUVSQGN__Y^gbVW[SQ[UFCAIBHUWHLTEJYTOSYWH6?62?@A==CSTPNEMZYVVTZ_[ROPRX^WOBKMFTZ[VMV[XQWZUVZMB@@W[UMKLMVVKGV[SIV`YLRPNRNMQTZ[RKJIMSXSI?R^d`MLWYWVWQSVNKGGQPIQPOUUOMHJG?8@FLJLFFMSSKSVNMELXUHCQSM[ZPFMNIPRSWV\YSQHISRRMVXSZ[QRWYUW[TRWRTTOPRNBT\TRVXY]YPPWYWROSUZ_a]VARZQRTKRZX[XK8NVSMMTRFQVTTV_`YPMHDOS_b¡º¼¤p_XS]`[J7CQQUUUJW`dadcXVXWZYMW\XTW]ZUWTX_c]V`_[\\V[`YYad^VS\f[T__[VOPXVV\VPTSTdrrcY_XKFPSFANQOJ\]XWQISQMLMOSZ_a^[WVLILRZXZ_ZW^feadb[UVRHCRUODGWYX^lkdZ\Z^Zcd[][Y]^[^ij_UWX_a[YXW`\][^bXRXZ][V\cef^QTgxxf\^[Z]Z[]]ST\_gid[XVY\VR[ZRQSRMHMNRX]a]Za[RX]WVWZ_^^bd[bia[SVfuvmllefc^^\[OHW^^aaUOLNTZ_YTHCNKNJHGKF6>KLIIKPPTdk_Xcfd[U^YPEXbca\XSOUa`UPSU^db[Y[]PRYX]bdb^UVZdicXNQO[aa]^bfjhgmic^dgaVfnjdcb[^ceid[ceXX^b__ljWKRYXXW[``VIJNOQW_ZQTY[V^aXV[NOXPBKLMQQPRUXYJBNW\ZURWTP\^TZ^`a\U][SN[[V\hhjic\\\^YX^`b`\_]_kljkf]bdbWLLRNS_TDQU]aSR]ZQMQSURV^^SSZX^`]WVRPLUee^b]NR]ZZ[VKVYRV_^I8=NQOOSTSSY]ZSUWVPKQUQSW\WM;:S\]XOPQQWTO\hcZ\fbc`_^fmhagmlflrmZLRS\aYO[hkhaNKIMJMW[`klnrncY]SW``\WUZXZZSDJNLQ]baXRYXY]TNYYWZ^_[QTZSHJMV[VPWVQMW^ZQJB@RUPPNJP_fcZZXMFTWTOY\LMVYQKKKR\[VMIVOIOPE=QTF@AFMW]ZQLGDFPRLFFOTYUMJLTWQRTWLMZXQLSYUBJUTRQTVVQMKTZ]\VNI@ENRVRMNDJV[NNNPTXY_]QQWZ[RQWYSOKIOWUXa^[PHU[WHI\aZTXRTWIPZ]WLKLHJKFCMURFE@LRQNMORKAGNPVSNMRQGFFAHNPQRVQOZ\VLKUYWMIIMMNURNQPSWROVZOCPRX[VGSWUCGMW\[_`b_]ZQJU\[RKZZVQV[]OP`]TPNLA3DLOLPX_aXJQRNHRXRRZXUNSUX_VP› gUR?HRVUMSSU\Wkb\]_Z]a__WNPMK]^Y[dcWPOQOPWUX[VZa]US\\^c`YXZ_\UEVabZGHYd]TKOTS`€ˆugcYQ[[Q^bWW]VLLVSNFUZOLQNEBHQX]b^V]\SPPCJSW]hdXRVKB>HMIPOU[]WOPae\WUMLPTVVTJGX\ZTMOMSXUSY_PUZYNDLNOHA;IMMN]_RGGS]_^YLDIRMHIG>EIQQLGIQ\VPSRNIU[XRSJDSYUUVTXXVVTRSLCDNNMFOQIAINNOPZ]ZIS^^_c`XVOKKAJVTS\YTRLKLSVRXZVT_YQTPLW`XCSURRMF@PWOJMMPMMMEHUPHEKKNTWVPJOV[YPTSFV^WISVVTQNMG?HOPQPIHLJ?EQVQPQLUZTV\SIR\VRTX[ULS_c]MGR__Y[VKRUSRTSUYQWYOOJGKKCCTXUNYcd\OROHMKHCQYZSV_Z`Y]ƒ’ŒrZUOI>ADGHJLUSZlha^[T]egcXJMRTZ\[ZdeXPNR]][[Z\__^VQT^[RX][XTLCDNQU]ZGX``]VTW[Va‚Ž‡ohbRT_c\[\PRYWUSONWXZT@BQXODLPNW[STSU\`ZMT[Z[UHGTVQDFPZ_]X\ae`]`jj^SX\UU_b]PRZ[XXb`TTZ_Z^`eeiigc\WZSIETY[[]ac_[UPPg}†gLWa]WRJGIIOUce^V^bZLRVY[VWY\X^^\cbYWVTVZ[[SPOV\[VVUST^_XW[aehhha]imfchmndOIJV\]ZSTQU\_YU_b_VNNQSV^YMMUZ_XRceYZZ\ZLYXSIVcb_^_afge`XNN[fc``bXSUX\[^]W\]\[XMNPNRYVUY]\_b`_gcH@U_hggmnlefkkfcfbPP_d\LTUPT]^[YYZXUTRVXTQPMMSW[[_bcXRUR[[Ueml`S^a^\^\NLSW]\[_b]VKHTX[Z]ca\]VPTSTWYehedimmmhbcolhglnqsxxhaWZ^cbdfaRLSRPTWXZZ\^YSQPT[]WZ^]\ZONVYXOF@BJ\fhf_RRWVW[YUVVTW]]XJOSRIQX_`XOSICPUX[UX\ZSJLPT^`\YTNCELRTRU[ZW[almfUW\Owtoe_\ac[X\SHQQMIGJPKQU]^WNUaeaZUX[__W`owsie[MObji[ZV]cfaUNMOS`d_RTZYTPRYbZJIT]_\WSVYQU^baebVY_`]Z]ST\_bVS\[W\cgb`be_]YNVVMSTPOJSRVXQNSRZNBLYMRKOOJCACMOIHEIJEOOPY`_VGKW]^WYXPIQQTSLPX^_\TVUPUZRLOW\\TU[UJOZWROPTTMOPQPTie]~Œˆt`XTQNOMRYWVZJBVOW[``[YT[VNWVKJRXV[^\YVHPY]SCUge[SR\ff`a_\V][RR^^TU^[Z][WTRSRTYt€yc]XMXTOYZSFRTTTQKHKU\SKXb_[ZXTEUXRVZ]c\VQ[lrmZS]c]XTRPV^def^YONVX^beda]VW[\RRVWUX[_[WWVZc]W^gmmhZT^_`^hje[a]U_aZRQcpsl_WX`cd`OFOKORXU7=PUWTbjdPJQ`IRJCJMBBDRZWLMKDEOTNWUPNXYRKHJQRLAGRZ][YR@N[YRRXRK?HIIMSUPSVVULQZVLCHRSYY\]RJEHLKCEHNNGKL8Q\TMQRMIDIMOOPNPLMMQQLIIFLPIAIPROB4KXVWYUTVTSSSQNKJITWM?CLMSTRUTOMPPPNONQVWPRPV\\OIUYRRUTSSONMLMQSLMLQQWVGGLLB@JKRZ]YK>HF6AMMMSYUW\ZXPKNUVPRQVWUTX]_YORYUUXVOQRWZUPOMKSVSRQKM[[Y[TIP\]QvŽz\KVUVRTW][UWVT[\_b\WZ[WSSY]YOHORQT][ULNZ_^[UVY_b_XPS]ZZZ][_bY^XNTUVW[`f_XSOSNWw‚wWNMPZUPXc`SHOUSGHHCCKIEORUaf^TJ7FLW\^_XX^`msnd^a__ZY]b_[_aXKQ\abcb_cfed^YWVTUVUP[`\VLLT\[\a]cgkiYN[a`Z_beYWYS_bdc]krk^^[PMJYd^TVTPTQQQKJaif]NOX`^]V]bYTffccXTYWVY^ba`Y[cdXNS]\`\VW[epqka]gonaQRMMLTYPNQQTWfi_\VY[YW^[UVNDU[RTdi\V_WVTSHLU__\_]WY]VNOTTOQTQRYb[TNJLNV[XONSRPRVV]e\NZ`W[e[NXafoqieceikfd_][bkif^]jqoieloljfggbZYSGKW\_de\OR^^RMQRTOGT`ghjjigjji`RKS^a]W[bhg^W^e`YY]`]SH@KUMFJSZ[V`noldTKVZVU[^^Yervoea[\Z`cfcSITZY`[PVULKNQNNV[T\Z]\ZW[WVZ[\]WPTNTNHNSUN@?WaWRYTLINECV_[SU\_]PTXZ`ce_UTPSRLIENON_^SNP\\XYXSSV_efhacekjh^WTTQPYa[YXSNNQMW]_WOMSTMP\bgaSLTWTZ\TW]ahhfhlmi^WONG=KHNQOYXSVT\fgd`\`ZVYXLEU[VQQRXYTRVPGIY`a]YVOOYdc]Z\IMFP\\TOKU[^eebnqiv‚|qpf\fihnvtjmslkfXWWZYTMPWVQQW^dc^ZWSLTU]baeklie_TVXKMZ`^YY_ZYabZSPKMZYSa`ZVSQPWSTWVRQY[RRYURYYNGXa[ZZ`b^ZYNNX\aknhc_[\ZVVROXSU^]dfd`aifae_MN[WRWQLBHSLAKYWGI\\WWVQS]PIL?CPWXVV]]ZX`hbROSUJDX]\acb`][\[XH[hcJFLSXQQMLNTY[TOHHWWNHW\XONHM`aTQr‡{Z_^JN\\QPUTGHUXVMRW`e_[VMM\aecVLXZ_^TRU[ae[Y_^PY[OOTYb\QO[^WZQKITce__\SV]RHMPNNWYYbb]XVUYULGT^_XP:N[^[Y_\LO]`^\LJPW\WLU_]^][^^VMKUMOSTOR^`WPSUSQYdggnqi]Z`c^Zae[SYcgc_\Y_d_QNXamtoe\emgbfeliadb^_Z`luujgdXM[kbSZ^b[OY]]`aZ\[_daYW`h`PIFW[[Y`be]WSSQR^ih[MKPPUM\c[[`\`]\enkddjoofemogVRTTNFFSVT]a]SHS\U8DMOUZYS]\YXXPUOVRUPRX[aZONZcaYUPVWXWYWRZ[SLV_`a`__[WW_g]WWb`UW]_^ac^ZXSSeheceYMJU]WV^Z]WU_gotx{yvqruodU[aYXa\X^`aijcY\`\SST]aZ[\][WLJOVUUQIFSY[_YNRZROX[fkmkkhdbdilhfnuqkmlc`^VV]a\\WZ[_abfqtj\UVXX_c[dhhihdYW]^]UIUVLR[^[]]YEDLNMUPS\VMGPO@S^^TFCSZ^ZMFCDRUPRVOW^WZcc[[SNQYX`kpl`PRZ\XYQRRQV`cb^_ffYYgaQGVWWTNIOOLJMOUVLI`d^^XRVZVWYTdmeUVTVXSPMS^VHP\]ahjcYWSTNVgfXP`d[TWNIRV[X\_]_a`XSRZa]ZZ^SQ[ZXYVMMUZUX[PO]bbX[^a^LHLQXXUSQUQHGLOSUX[YPDN[XXX]aSNYXVPS`ZMMVUOY^WHGLKCJVXXV\ZRHBDJPLCINUYQ?86CTWQIDIKLVXUURSQGKRY``WUWSKSOHIMW[`^YGBLLGKUYPEGS[WEQUPW\RSVMB>HLELSVQURG=DTVYYRV^c[TRLFAGUXRLIDIJMUWSNW^YTOBMVNIH6?KOSSSSZXSMOXZVGGF@>MQX_[URPUSOURIGKQVLR[WLGNUOJIQJNQIOQPLMMORRUUSQPW\[LRXNY]Z__P[\W[VBZlj_TTSXXKBBHUYXUSTKEQUQJRKLPW]ZVQXVMV]`\j„‹~dOLMPVXWPJDDFLMPUS\X`fd`WOU]cfgb^ZVWYSVV\]WUTQHOWU_efhg^_baWVUOLO]aZSV\SORVZ]YSQekgZXUMW_c`QIRXXNJGPR^```]Q[caXRKMUSP_^YWWcd]MONV[[aaVOZaYOLU[]ZU[jrnhkg`edYX^`VS^`YMM_faZVQ^[f{€pYPL]ba^Vbg]Z\W[bemrkZYUT[gok`YXb^QY]NG[WLHQW\^``^UCFX^XT]`ZV^`][TRSWVXQGNRTVMWXRUPT[birp`csxpaUdlh`THJK@R\ZSad[\WPY[LOTM[\VbmiZVVSJ9CQWMS^_\[XWYb`ZYVVWNSZ_`\\]TT]^OQRXZYPR\^NQdc[``TS[bb[ad`hgXWdaWUMNRPXZZhlmlrqpptujglqnd\SLVckdX[_bab[TQ_c\XX\[ZZ]XVTTQTYcZJNVYZ[XPPUON[_cipoiYN[hjg\ei_W]]TIO[a[Y^WU[cdg`ckqql[WX]aZWSVZYUX[aba^VZWUUUWW_c^[`\QKMMKHFTZXORVJCT[KJPVWXTMJGGOUU\^XPNVZ[XKTWTV]ebinkaZGHNKHEDOY`ffVIV\\^^\VSP>L[XH?Y`VTZVR\][UPT^Z[[RSY[T^imd\WMGIPZaZXYQP[dg`ZYXWTTU_[PYed^\YRQUZ]ZXZ]]\ZXKBRXYXPVXKQVPVRQRKJSYXKSdgf_WNKWXTZ[TQJJMQRQKLOLTTUVXPEPVY`__YX`ebb``VNSYQBR\b[MRUTKIKLFIQSQMOQTPJKSSLFBCQVMIPXZVMGT[ZUNOMIBOZZWQIIRQH9AMRQLS\[GCQQMNOTVPQRVYNFPTTWUUZVOTTPMN_`LLOMQQX\USVSVZZSOVUIBU[SKOLHKOR\`\V[a[SLNPJRRKJOUZXFHNTTRJNX]TGKGAHRZYNSZUJRWTU^ZVY`^[[SQafcSIGGHOUQQ\_SVYVVYRQ\dcYWX\RQ]gcWTSNW]]\WPR[][b_UNLPNELRJT\\YKDCLSXXSLNZ^XQLPVN7;Wbt~ri^NOW_\PKLDN[`YV`b[ekifki[MV]^egaZaaRP^b^ab\RRSW^_XZea^[WWX[`]LNRRYZWWZVKT[\ZYYboo_SR[[TR[WNDJQWMBPUOPYb`^^^[UFPUVWUR][Z_VKWYVW^`ZMR_gec_YNEJKT]^UTQMTVQLVWVW]_]YNOKA?BOZVHSZ]VNX\]SQWZRQONPPJFHJQNMVREGNMKPNGNUVVZWUQHEMSWWNSVMINKQQMF3ERKJNG@DHJGBLO\`YMPLRURMIIGT_^XSYZQSSNQPGGECCOTOFGBBGD=BPPMRSVQXVTYZVZ_XQNOTPNPEGCV`]G9CJOUSNHNLLPNKGSWQLY_WCHYWQW[VQY\W_bWRRC@MTUcicVV[XSVXUPEHJHO\`_WYRJHMQNKbkeYW[\RIRQQ[cYRUV^cdYSbgjd^QRQZilcZPRVWYZXX]\UU``fg^Za_WTPQZYUSW_Y^dbXUWTVVUXXXRIVX\``ZPLQTUWW^WT]ZZRHN\ggUWXVX[clc[_YZbgb[ge`hhcge]X[`_X]^SFPPJW\[X^d[KVZVX^^YTZVWVN?LNLJ>O[^XUNPSMHR[ZYWROTWRKTXU_`VMV^^SNV_bcc^aig[Ydf^XXWRWage[YOTehghe`Zkz|xrig__fijgieXW[OOQ;GQJT^`WQVVTY\YTOPTSF>V\`_V]cbYXQKY^bb[ZYZ]VS\cnrh^`_\V[[XQPSQTUW^`XLXee_[SJ[c`PDQXPSZYW`^Zbe`Waebbhi\TWTXTKSXYVUT\_[`lm`XcfbXU\`_a]^\QQVQOVTUVSQVPVROY\O:R[bdqtn__WV]ahkg[cle^]Z[]\ZVSSNJKKSQRWWSUMBMMMYa_WPRPIN\WQLURPWUVYURY[_]`bbYP_gaTW[[ZPQ[ea_`fcQJiyua]cj_LP]cbcge]PPPEIWZUKNOPQVSQY[ZXRNNZ]S^h_YRVNBFKJHSWYVQJUa^]XVXYTRT^bdaZO?DY`^VJCR[]WPNSPKMTSEXWOLUWTMQWVKKYYPOVXRNPIJD>BG]b_XNI>5AJLUOHKMKPRRROMSPJRWL2=IRSQRMRSK@>KUWKHR_dZPQJLMKEQ[ac^WNSUZXRZVGDLPKI>LTXWRH>LPOPQQNMGJSVXXPKJLVURG?IMKFJKEOWRHJPPMZYSIAHQSNLOURA8MWSKTPOLJMTMIVYSUTY[MLULENLLSZRNYWSYWPLUQU]^XWY\XOMV[WTWTVWYSUSH=@NLGMOJJOTWSFNZXUOQUTSMHU`b^WSQOFJOLQN|ŒoELHHPTQOVYRQUNIONKad^VJRV\XOLOSTUTN`gb`[UXbgaXUW[fcSUecYWRR\\d`LQZ\]\^_VSZVVaa^^ae`djkc[NPSNHRRKSTWSY`a__YVSINZ`_a^VWZ[\[\\PMMGHSZ`WSW`ZUV]XUYae`OFSSPPV\YYVT^abc\Y^ee[W]a`[V`hi\RSWV[\^WO]]]`hdbde__ULNQNLRRVUWUUY_YRSR`aUMFHRY_[MTWRCECQYZZQICJCLVLH^kme]YY^]^_\XU[\\]akpidntqpk`VMUXZXWQMTZW_XMVZURT_``ed[LMYVIEI=LPKMH=NZW\\UPLTOOWVSOIRQS_inmhaXSXee\][Y`]]YKBIIQW\\cjf\_hib\a_XUY\`T\VPipiffilig__ckj\VWcc_XTTWcgdXSZ[WTWVLMOLUUKRWUT[ZUNT]]VTXemlh][b__\_gcZ\YUZafdZLIJHOTQYefdaejhc]Zekh`]]aSRXPR\b[Za^T`c`hom^ddXZ[PJXZRRU[[Y[iodV`_TL>LKKVSMTNJbhaZTQ][V[[VUSRTYTScoq}~oSV[U]elrpaakhhmhYPVSV[VLORZ^VONGPXWENQRZ_baULHELQMNQLN]bYT]ZY_behchi`RYd^QYY][\VSQLRW__R]kqkWEPdcYX^^`dbXFK\`S=J]`POQOVWVIY_WS^VShi`^^XVSQLMI?DHRPGO_a^\\XSScidW\`\^haZWMOQDDKMLUXHS`b^T>KPVPPFQ]]YSFOUH4JXUGF@AJHLRLEEMUYRECJLPNMMHFB?LSTVRNGTZ[^_^ZVKINQJ@DPXWM?MSPTYYWTHEPUTVRJL]fhfcRR\]UKMNIKUYUTPUZ[ZTJP[[XYQINUVU^c\Z]]XY]^ZNHNKIRPKNLNRNPPOT\UGCKTTRPQROLOLDM\_c[JKLPSAATTGN[YVYVSMEVQCWd^PPNNXWOJJPTMFTYUVWRJOUUMNTUTTQOQQLQRBIYVJLLX[ZFDX\NJW[UNGIUTQPMNY_WQQW[\o„‚l]^LTYYTRPW]`b]U[b_dgeccehaXVMOSKJMQX_`_dd_^^Y^ca^b^`aXMNZ\\[[[[MPSZdbXTTQRUH?R_cmtp_`faNGNJGTYSU[ZXLIXcgbW\ceaZVOGLVa_\TIHTOSXSX\S[\UKOUVVZ[WZ]VTZ\bd_XV_\T\]iqtuogghdglckqidb`b]INXY]]SQVYWZ_Z\hf[]aZPOWZQNPJLKLLNSRKIO[_P6O^_]YSGFTSRSNLX`\[]WWUOTRUjsmd[ORXZPRZYQM`fffipohfsrgaZTRWVZTHTUacd`YYXSOSR]_XOUadXQVE2GJEK5UA>DQIFLGILUXOQPY_[^baaddfe`RAO^]SRWXXY`]bde\Y[VU`b`WLSZ`eid]UQS_X\_[]gdelmiimedhtrg_]`gjcX^aefba]V]_WNEAQRLRWQPTYU[`]VV_cgfd\X\^XX\UFDQZZUHHQNYfk\TWWRTVRCTimeac_\\V[_bcdgmf]\aa]dikgc]cebbdf^NX]UX^\Z^[UTXMPX_d\UTW]VOHFMWWMI>7T_ff\QVRQUSRTLGLRQ`ptmie[XQJP`fhhibZV\hvo`YTP[e]KHIDAELFCORRPVSSQTWXPKDIS\\XTSR_d`_[Q[dg`VRSXcc[HT_YV[TTZ[\Wchfdalqk]U`_TTQT]hh[PXQJLLN[\VPNIEN]_\URVXY[SN[ZV_b_`^TQPJ>KUUPKT[XURSTPVhpk`]\WSVYZVUQRD0BJEENKMROOOVWQHMLEKUTYYPLSPFKVYZ_ZNC?GNDBIHKMUWUIFQVNGKOKNQYYVNKQZ]ZVTQNRIJLKFGOTZ_ULUQFNY[USOKMV][LCINT]dc[XVKAAF@?QURRRTXWRHFWdhjfaWRQULMUWVU^aYOZ\ZUNUXVPRJQVSJ@A?KSWXSMOT]WGEFGFMMIT`\USQTLMYVWYQLNKSUMKVQCY\S_f_TMQVUUUWMKRZ_YSTXXPRQCPRU[]WSZ\YWIN]UFNSVUNTSQTPQYPRSNDPZ]YRYUJMR[VJMV`egrqjc]YVTPNSY\[YWUX]caZ[aif^ZVSOVWPJR[]e^\`h_\caTDRWRV^W^gcXUT[fjeZNSRSUTN[d_VMQERaekxthbccZU_ZMHKLHOYWPT]c[WYX_`bbVTYXNVXUWUQUWWZ^\YRLW[T?NVQUXPSUXclnfZNUW[^\_eihhe\Y_juzxdYei`^_[Y[\VR[`\\^ee]cjfmohaf^STZ^\YZSTUSQWZZYWRIGNPW]a[VSIK\`_TV\`c]NELZ`d^XZeicXNUUPLKKRVTHQ]egbcea]ig_^_^YX[YWWWVVQSRIT]a[QQPU[Z]acVMRM6I^]MBILXQLPX\XRJJFNQNPXYW`a]\cd_\SLV_\SV]ffef^^`UL^]RUVZfhffdaa`ZZ][][VUW^S]nqoqkaeb\_mpv{uidcdbieU\]\UW[`\N?6OXSKZ^U[lja]\Z[VV]db^ZYVJOROORUKFIV^]OKY`_\^YOCKPR]ihbZXOXZY[ae_^_eih`bhgfef`Q>EPURV^^VT\^RW_\VU[`]TZVHIFHKMUZTLAPWSOWXQRSZ]]UUXZQIJYYNISIYtucONMSOIVecZZWPSTT[ki]VSQXSOJOOLPPRRGJH7PQJKMEFJRXNBPZ[YNW^WUW[__X[baRWZXbe]daXRKMVRMWddkmlgfda_ZVTZWUWVQZb[MQZXUUNXae\JPWVRZ\YQT\\PDLSPOUW^a`ZMKQOEBIKOYYMH>NXXS^`X]XHMMVWSUNFLOHLVNHHLLE;CKRTTUIMTKGLW\QBISUW^WQVZTPPVVBEUYYWWZVKDEMSNHJILHLWVPMMQU_ZWUVYXOKPUSUSNROKJMJGKSYZZRJIOVPJT]UQTXVKD@DNRRMT[VPTXVNEKGP\^ccdaTOVRTQDHPORUUUUUX[bc_YQJOZYQKIDKWUYSLVQIKJPSGAEJQYXSTMOPJFTSPNOTOCGRO;6NHKOM\c[QIP\^WS]WZ_`\YGO[\V^[RRQMTTTMQWRX^_[LCFEMVTRLN\^V[\WUC>MOVWPRTUOMTTKHKNQT__ZYNRTQRGN_da]]XUXZ[_a`^a^V[VPT[Z\a]XVSWb]UPSXUbcVKQ\YdoiZLW[Z[YWRPKMUWFVc[]\WQRZl‹f_fbYZ\`[XVa_RPV]c]`dddaXWOLIKW_\L?FQPP[dbUNKVVX\VLTY]TEMQMKU]hpfUKTRW^ZJOSVTUUW^jx|pYHV]Z]]ZSV[YF=PYchlmggnpkkmecf_[adkmgYRLNTNX^^WUUOOTQTY[\XR^hbVPXXV\ad`\RRX^_jla`_\VQYXLPY]^N?EV]]cjhfiic\RZfb^_[_d_XWZULRffbbd^\^\[ZQKPLLCN_[QFLRaa[]c`YYZ[XOU\_`[VSY\^cd]XZ\W[]XX_\bffaXZ^WUabWSX^gkebc]VYVMSY\]_bgdbghfhjfaehf^[isqlkghlkeXT_]Z[dgcUIHRTU[_`[Wf`Y[ec_\VZaZQVXRTSKBO]b^]\``baXV]_`aZZWUPXbf\Wbi^[ZZ_a_\]YRRZcgjhdZYX__QU_[Vamnoj`UMY_YLITZ\\XQRNDCHJYaUL^cWM[[YYWLAMVWSV[XOOPMVaYS_cWIHLVWYZTSVSULJLPSY[KHPQSOQROPX]QKRNJRPRXSUQIJSWQQX^>QZ^`a_YPNWZ^jib[cb_^ec^d]WMDY]SS^cabhmkeaa]WTZ_XS\fieSFJOT\^YY`eZCITV[ZZ_^`bXEJLQOPJOY\ZRGHKMEJX[_XMB?CXei`ab\[QBJK_jg[PWbaYWXSLPSQOIHNMJVYJTLHIEJRMHUWQQSTSNGMMLQSI>CLHFEPSLNJGW[VRTY[WNIPSRVVQNV\YPHJIJNHNRPRQNPVSLIKNRVRHB@LRWV[TIISULEGHMOKNYYTYZZYYHMVYXY^\[WOGMQUQHLNOLJNLONSY[RORWVTQZ^ULODD@HKLWVMLNKMHGIQVVQNQOPOXTPTPKSZWNHGCEHOUUJEQWTPLOMAHQPGBDNPPOGDGQ[]YPJWUHDJRXZZ\YVY\WPRUPPTOMPPTXPEKSTOOOOUSOPOCIRN@OSNIU`]SPVNFPWSTURUYSLETYUDOWVZce[QOI@DJOWUIHVXZWUTPOTUKFGUYXUVUHDIB:=IQVZVIEQXSNQOLLMQX^a[QUYOOUNAKTRM:=LKINQRWSPRMPSRO[YSRSQRXXSQTbd[YTLHW]YOOOT]`SJOLLZ_]_bZRWTNLK>CUVOIENUZ_^VSYVSVXRIAJQRU[^[[\^ZNT[bb\[YWRMaeWWb_TXQDKRZ]WZ]bdXYcaY`bZX_`_X]gh]_cWMW^_VZ[SLX_caYY_\LT]PMW`_XYSLRSJT`c[R[RHRVWVY[Z[]ZTUIPWVVZ[YXXKKY`ZNRQRSNEKRY\ZV^]XNF]nog^Z\[YXURU_imi]OIbikmi\PSSQMIPV\WQMOKJOSVXLBLWYTFGNVYWYekbZ_]VOTVJGSXSKMXYJMWTY\YRX_YRPWYdojTRZ[ZWZhk]NONSVZ]SOZZUY\WNZbigdd_bd^\][RJXafe\POW]cd_abYOUQLW[]XM<6=BNSNPQJVSRTVYWMCCPX[ZSQUcigcYV\[VVOMWTUXN^ebZRZb`\[``X\XRWZYKGXPJW\ZVPOVUIJUZWT[[WRKGLLOSWVKPRORMEBMOG>PPWSPTSKPNLKRNKMKNTRTRHDPSWRINW`c[KKTQLLRUWSNQRRSUPKHIMQSVZVOUX`he[MGHTUOUVDX^YXKLSQNNWZVRROOQPQLDGECIRWSOWWUX``cc]YRKPVVW^^VPMNRMNZ][YXZ][ISW\YRXa^PQUMMTQXdd_VU][NTVIRS^bWWij_]`\YYWYYVVXNU]ba\\_fd_\TQ`klVJMKNA9QZR?PYPIPVVNINRUW[QIEMRPTWXSSXQJKOTRTW]^_URUUZ`]_a[SP[ekbRV[WWWXSVYdf_WNKUSW]XWUIHOXSOXXWUQMPPS\eaRDIILMFMYYTTXZ\WPJFBCEMSMS]ZY^ZUUZ[X]ZPN\YMLUZU\jgVV[UIKXYZdd`SRU\SVWXWUWbf[V_cdc`Z]]O\^VSQMU[WTPQPWYRPVYTT]ZXdaYYZQ>ORMMTUTYWXXOONRVQMTT[[XVNWaa\[TOORPSPLU\cbaij_X^`[RQV^YYY[bcSKRVHBT``_ffgje^biqqnd^bec`b`bchlmg`ehb_ZdghfhicWSWZ]]VVVSSWad`ZSOX[dbWX`ZTX[SS\a`XSQQJW_d`XKQ]a`_bdffie^ba\`^NW\NS`aacXRY_`c[VYUbkopeUQW_elpgSPVSZ_]RQVWSWVKV\WQUWRPOOSRQGMTLIMLSYZWQP^`WXYXUQU`d]UQGT`d`VLTYSMEVdhc_J8GSWXUMMVVPU\XQONVWLSYWYPAKRZ^a^UY`b[T[Vbknie]Z`b^\ZNTbcSV[TNKSYVMTb_^e^UX\^WQSVWQQ[]WQ]cdab[QNRYdnrqvxupl`YcaXafgdgmga[^XPY`^SJXfjeY]\VRSMOPNMMRVS`b`]^STY]]SHINX_c[ae_S]iRM;K\``]VSUVVQQSJCIVYSHBFKUOIPPIKX[YZYOU_d^Y_gcOLY[^YHK^[QONLXTQQSMPQLLG@AMRRSZWO>FKHNGLOSJBAHPLORNHGLB@GA=MQFMWORTTWRLNTTIFS]_WLORRTVXWNT[VJXWSNC@FKSMIUVXVTUSRPGKIFLHKOQNLJLOW]ZNGGIOLSTMOI@KRY\ULXWSNOEEPMHPMHLHJ=CUWWYXWWUVSRX\\QFLUTYTMMSVQT[ULFSXQTXWOAENV]]SNQVPPZ_\XUVUVXOPdombWVPUZTYeb^TYil`PHZ]Ybc`b_`f^OU]]UKP\TU[[a_ZacaWR_hg^bjljfkoninmlg]NNRWSHG>KYXFKZYSVWRLRTRVciaXYQNRPUONLMKQZSMOU\TV_b^XUIGHGPYUOQOHBScg_SYVX[WRNUZTT`d]RTVWWXLPMW`_VLV\[[`YXSOSZ^YLT_\VU[W`llfca^X^^LPPW`bZUT[YRJOUP\hg_dquma]XURPUWZT[a`[XY`eeZ^hpl\X]ehg`[_fdecbfd_]djbYTV_gi_\lmea`N]kka_^aUR]bWLPRNOPFSbba^W`d]]_^`c`ZUYXHGOKCNSOHJD=HLFBHONN[YKRONLCISRMSPGNXVTXSNLQRSOOQSLAJT[UPWUQOUWUUW\]WOILUUOOKLFPWOQUY^a[TPPRSX[SLRSVRNOW[RAOVVPJMQQPOUWYYUTQMNKHE;JNLMLFHOPQRQOQQNIRUK=CMNLOSWUHDKHFISRRYYMNX`^VRRRYWOIPYQJMSMHTTPVWRVYZUVUQPMOQPSZ\ZMIYYQPSU\\\VIU]ROXTKMJB@QO[idVKOTIPREEQUUVPKFBKJGJJYeeUOU`b`ZQ^cecVQRTYee^ZY[PQXad]GEUbaPNbebcZZ`a][TS\[]\XOPYegdZVah`\_fibVWbljcigRIMQNHR[a_[TONKGMLKY\QNVQOKDHRTUROMVYRC2EWTKS[]afe\`aWQV]d_\UKVfkaSTbnqi\TKV_YD==Q[``\\\SFHOTTQW_]TTYRF@JHEPY[T[c_WXTGBRJGRWWRRT]aXT^aaWKQPJHOEGPMZ_\Y\REINUPBU]QITZZPJZ`UKWXKKYaaVI?JPU^\[YUOKTO>Tdig_ffYX[[]c`XQLULDPVRQSROORNOW[[^VTPPPRTNMaiQXVZ]_bbaYWZ\\TLUYX[`T[a\SKBTdd^SMJZc\JQQMI?GXYVQRlsuumdc_UDCV_VBKV^fhb[ZYicWgh^SQ[[bifcgi_PZde`UVXaa[V]WXWMRU\^URINTOMWbjrm\VZ`[QR`daZYejhaPS]^aa]VQV\_^`]]_ba^VTUUZ^^eh`T_c_]\Xchbdkmh_]`ad^XTTWMJKCGSXJ>W^]`_XKKPQVX]\XZLFNIPUYQNU[baVPOhmdWWOEILLDFNZ]TPH>AOV``\^]ff_]YURSW\d^PSXW[^VI=E[^]\VFGWhicdgeimf^_eaSSa[Scf`_]\baa[Y]chkiaNS\a[QVYMPaqrlg_[W[SZaadd[PTXTQLNXb[V\cbWbffcZYWWZ]WV\eb`bb\W\`_aihZJ^dRM`_bkj[Z`f^X``WXWPU]RV\]_d`U\jdRZ^efbSNQXUX[QEQ[_ZE>IPILUWROBPa[HKTRRTPH?OSRPRNNTXTMKUSPSY]N7JV_`bYWUXZWUYW\Z\WNLRTRORQRVVJPWXTWTJP_`\\]YNMKOTQOV^ZRGKORV\ZOTWQKV\VQSM@JOGEDKEQTMFHSRSTVYXVQMGBJNKBNRNSQLFLRQKRVU\XQHIVWURPKLVQK\aWMPRTQS]ebYY_\LEWYOS^a`^ZPTYWZ]VJECOTRTZZ\_]XVYWTPOKUY]\WPXUPOCFTT[_`ZQKJKWXPPQUT[OAN^ba\]X[bd`TIM\e_[aaZWWW`ceaYXaia]iic^^\c]]^WQZafb_XZfkmjib[\YYWbjcNQ_feY^bYXWYTV[_c`JR_gbOFUY\WI;MJ:KVSVZTGHFN[]U:=V_[OJIXil^Sbefd^aa]\TPV_bZYmsk^UQUX\`cZIKXY\]US[WOT]TMW\URUOMNRYYRDEQO`nkYS^[TTU[UQKEOY]`SU\VSRXWMJLQVTSV`cfj`_TKLIKOVWLACNPMKQXUTYdaPM]ZL@INUZagaRJRWNQX_cfeZV_^][XVX^aZS[VAS[TFHRTSE@FG[ZVVRJMRSTUR\gZZTKZc]UPCS_[OV\ZQIPX]aebUUUUY\ZMIWdgfWPPEBKT[WXeloojb\VUW\acddXZa[X^`Y^_S_gmogcgadc_WZ]cchh\NCOX\TLVV[db[XQLNV[ZUXUW[ZfnjYQQUej_TTXWUYcb]cbXNRYWVT[ZPET^[Tamsmic]djcX\ciibZV_bd`Zaf\]ehcXQQMY`]PUW\bdZZ]MIV\Z]XWMLYc^NTZTVNJLNVV\^bbaef[VU[ZZXLS[ZVTOV\b`PRQWX_d`\fkditl_XZ[YYbh`VWUPV^]LJKUXUU[WTXPSbjhffld[`if_ZWZSKRZ^WRSPMSVV_dhfaVUY`b[RQPOSdom_TWW`cdgbc`^XUXdc`[_`XPPKJ\babefie^\[WRWZ[SV^XW^]VXb_PXeg`O]e_ajf^_bXNJPX`a\Y\VUWWbgghnqh`[PY[ZYYVNT[YLLRW^_QGDKIBFRQOFLVSIMVUKIICCPZXMOPRU[^_UQOHLS[YG@NY]]YVQSLGOVPS[b\QFRWPNVXUSUPOW]XOIJOYYTQW[ZWVXVRTW\\WQRKNU_aWNRVPP\ZLBHKOTLKLD??CMSIIILHJVbg_TTMMKKEBBKPLJKHFRSSPMTPCHQUQMV^^[XQDNUTTTQTTRM^`XZYXKFGJHQXZX`^SKTWcaSNTYWW]\Y]b`]RCDJSU\`ZXYRFNYZMQYJP`c^ZUQNPQTSMP[]OMNAS]bWS^W[]PHMT\dkaUV^ba^af\V]egdc_Uce]Y[Za[`feb[X]Y[VMbkke_V]c`TSagfaa^[\HDU_bdYNY^\c\JZjng[TW\XVRCEDKHLKGY]`[VU\UNOZ_bg_VORVXTNX]`edaYQIMQHS\\[hoqe\YUKRO[`^WNONRVZ`YPTYVDBJON?7ABJ^ebYQ^_cpoaSMKLUYZSJF=Q\YUIMUTSQWZYV[Y[[WFRYchXVVRRLQZ`jj[RKH9?=S\[_\Z]`YXQLR\agkg_Q[eccaXQ^fcWVbd][ZXSW^TTY\[XXSNLU\]lsn^XZSQNNQ[^\[XQV\ee]ZUVRMPYYPQZWY^^QIOQQO^qywdMRUTV]YY`^b`eeglje\UOJRXOMV]a^[WRKUXX[^]WT[][XVSVPU\^__ce_TTX]a]WZ\RLIHS]\NBS\XVQXbiikkdeeVTWXR\VNHGSPENZYLLYYRPISXVTSOTPGEMOKIJLCBKJCNQQOOV]\SKQOLZaVVUPRW[PDKKU[VIMQNQSKOJDMUVSGNNILT\\N>LRMA@JYccZPINQKFPPUZWPEMVWOERSRUUKGD@HQRNOURLIJSRHBPVONX\[OLUVPF@LPSONIHDCPUSRVTG=FGCPQFK[[RPIQW\\WWZXSNHKJPTNGLW`\Ya^SEMVX\\WTZ`ZXUOONLRZXYZSDGQU^c\XVMLQTXT]hcIGORSMMPOUWPRUXVSZ^NNRIIZ_Z\VSPMJPWbb[Z^a\Z_b_TY`cbd`VcbVZYNOPOYgg__a\TSY_ejkje_b`YZ\[]emg[XS^c`ZUUY^ege_]adhhQJRGKMHS\ZWQLEJSSXWTTWMRW]TKRY]b\QTQRLQW\a_Z[ZOT]aa\XWX^baZMLTTWVV^ZRQHPUQTXXYXRFJPXOIWQUXcbXU_djpjc\QS][YMSTUSWXa`RSWT`a\[_`a[RU[XRYaWW[]UMW\[\cic]XSU]YTPQT``WIKODISOSQMCR[ZYORZQV\YYULT^_VKX][WVZ\\TRW`dZSVWQW\_cdWNPOJJSZMF__R\a__ZJL]fkd`[WX[YQPS\dd\VT\ZU`c^WXaggVI^``cebWWWZ\`]]`WRQQbke[\ba^QFW\TY`YSXhi^`b`empld^XWUROW`dc^\\YPTegdbca\^_[UTXQRccZHCSabPCOW_c_Y[ba[Wbhc\Y[VKX]U[_PM\XIDUY]dpuoebec_]c`WT`b]che[^b]Wac^WRLQX]YWWUTVXWZZWPX]afh]MKQ`aXT\[VY[ORYZTQ[]RBFNMFV[XPOYWV\cYRW\Z[XLGHVWV^]TKJQYXTeha_efd]O>LUPOSVN>;@hmmg^Va]JQb\SU^]\KMejig\]da[SENVWIPZUNSPJMLB=Tlvr`Y^[W]^]\bfb[bd`be\WNMPIIIT]ad^NDPY^]WWYWKFZb[VQLSREN_`SSQPWXWVVJBMIQVTJT]]XZZbdZONPQWY``XWVY__UUSR^_[QDNWWOLVYKHKHMPMNQTQRQRQTYUUQSVROUXYWQRLJJMOMNZ`TNTTMLL?2;FQVUWWO=?PW^]TTQOZZPNFOR]XOMSZZZUPLAOVSMKQV`aVOMFDD@DFHGDIKJPSZ^YUUSMVYQMKNNKKDEHKX^QX\XSMTQDDNY\VSMRJT]WEV_b]TKKRUT]daQNV^__c`UT[STR\a\XVULS[c]ZPHACP\cd[V]aXYSTPGNSTKJVXbjg[\a[QKOTY]]WSX^bbUQRSZYTOSPTOQUUVY\ZWQQLSWGV^WNMZ]OBLQSGEF]f]GVe_[VEY_SQVZ]_ec][[W]\ZU>@Y[]]SEJSUSJ[jmhe^WOQZ[WLGWWNW]WTTTQHEbaY_cY]]Y[ZWZYU[c[TSPM[cd\RZa_\[[WKMMTZZa_]\^WJRYZW`dfbRAEYab^]VSLJIMOV[YRTXTaiZO[`YSSUeh^NQTQKOTWZ_`_PMY^]QNZZZ[\ag\OPX]bdedXTWPSY[Rcke_^TT_c\^hibTSUUVSPRNKMVNU\cfb]aa[eoijmdaifa[VW[ba]SRVTRU`^[YZ\RT\da\\[XQPVYUTXah`IPZTSLLRP^f_VVa^OZc`N?=LRNPYUEFTSTJ?[kiYQLUUPKMFTX\_\ZXZWMOYYT\caVSZ[UOYZVTTY]\aYS\e`]fnm_SZ^\ZVVb_P\f]Yhlgijadjk`gqkSSWVXV[YUY][\aWNUXKLR_daWTZ\eaWVGBMT^^]hj_TTVLJPGNTY]^UMLPZ\UMUVbeZPYSLRWZXRW\WKVgeZZcb^WSNOSOIOYY[]`aQPTSQOQKHGSXYZTOW\YRRTRUSTVVGP^\JJIOTY^\W[d`WUWVWUTTZYUIAJQHBQZ\UMX[UOGNUROZ_]TQWOOY]ZQKLV\MEPPLNQTWNPQPTXUMGMTSNHMT[ZTLKRU\^XPX_[VQSN@LVVUK=;KV[YVRVWMPSKQ`^ZY][R[`b^UPPPMMV]\RTVVZXNW[ZTKLTVZbbZRRZWMMMJMEIWWMO\_SINSQNNMTQRV^YWUWWTZ`^MGRZ^\UGOUZY[`\XTQR[`VUX[[\]XSNMUWXYY\[W[^Z\UNYXX^]WMMJMV[YW^[UYhh`Y_XRS[b`]]hle][[]Y]_ZcgbYTWW\innb`^\^agaW__TU]YTMU^da[cmi[KPW]_ef[P`_MQ[\\]\bki]NXYHNfnhY[]acYORTPQZ]RT^aZLIY``d_`ioifgijdTIPXU]]YRHPYbb[SSRWWMBH]cfdXUYRMVYULWa`a_VY_^W`_VUZa_XK@F[_aaZ[_UIJLFLVXMEQde[W`^HOYa\II]ieVQXYPKTahkeSMMRYWLYa^][PVZ[RNEMXZRVWGDT]]_bUIW][S\^YOLNNKOWQNJAGJLWVQPKSYZ7OVFQccaVMLPQ\\V]]YYYQSWZZUS[dec^Vac[WT[]`_TRUZQRODNW`gg[OSPTVUVPLEIT[_XU\ZZ`_TZ[UUY\\[[YRUMSTVU[]`bc^[^_a_`UPafaUV_b[TPOT]ecaZLQTRQSSSRTW\`^UXXS\bc[U\YPY[Y[ZMKKHLU`b\TTRS^][bbbhdZTZYU\d\UUY`_Y_ZOX[YMEKVWSXWWOK\hdRN]b]WX`^WH]cX]e^NPYUA>KOQONRQMU]_YRSRJQTUZacZRMMQSSUU[gi`RQVUV[][ON[c_]a^SQMHADIPX]NLScbTZ`RRWWV_de^X`adjg_Y[]WWa`gki^bmiVHWWXQR^gh]T^c^OLJ7JSX^`]\hklfVNZYPJ\a_fi[QJOQVXUTOUY][Z[[cd_ST^ebZRXWPSWSMSYURRZ^aZGXUQWTRQUVM:?VbicYPLMOWYYVOLWXUQCHVXWac^TVUVVWRQY\XRMGJFKX]\XPMPKSXSNX\VQI>JTSSTURSTRRQQUVM@FNTK@BSTJQQ?=AHQ[XQW\]\\QCEKPRXYWNHFEIEHKLRTRQRURX_YMLPXY_YRNIMSUSSNKPSQUMJMKOVUPX]WV_fcbfjeYSTROLFPYWMZ_flg^V[^YIMWY]c]OVVUY]bXPNJU[UOX_SMUWWLDVeeOAHMS_aZNRIIHU[ZTRT[ZSUPV`ZOXZVci_V]a\KP]cZRSTVVZcbZ[b``a`a^RZaZHELFMSY[QLRcdae_XSZ\]Z]U_mm`ZZZace`_d`]c^Yd_]oreTPXY^d\[_[WUSZ[[T]gf\\fbTSa]SV\YZTZ^Y\[TXZVXVZVPOKAM^dcUQZ[YOMWZVRYXQX]_\WY]flmcagkfdcgi\VWTTZ^[VQTV\[Z_^\V_b_VNMZdd[TWUJXcbQasqa^Z\__^ZX`daa^VOQW\]\b_QRKJPNGDIB>S]djjb`e_RW]TICank_YPTUU`cVSUTN9AFS\]_b_\`^UO]\SNTSPQSSUO[bfaTR^_TU[TVZNJQRPTKGWYUZ_]UQRTZ^i\LZ_[Z]`UFYed^XUTKV_`XRPIRYSMZbaPG]heab`WSSVVU\bZNLV^eed[SZ``[TPOTSLVZ_deb[[_ba_[[^_[QXa[R\`]W[_``]ZZSLWaca\YNQ^]PUbd_XWZclojUNU[\]_``cWUbd_^XSWYTHCPTTSTVZ_^VY[^`[[]ZSVXVYecW[bieYPS]bY\dcWRZXU_ll[UZXSHHQNILMYXVX]UKU\]^[Z\RPNTWNJNS]`XTFGKCBBOXZTUTVTMOLOVQZ]SVRHJOTQVYQOZb^MT^]YYZZW\_b`^ed`]WX\ZXWUSMP\bZLS]TTYUSRSWSUQS[WMT[VUUDNW`he`YPUZ^`[USXb`^^ZROKMPQSRVSX[ccjke]W_a\[_`^WSUTQXZUTUWUKP`icW\a\bc\OSVYZSRXUUVUSOakic`\^a\\\YSXXUSURRTUclf^_XXWOSSONPUWXVSNKMQTXTKJEMWYOMVPHORNPLJUXSQRPUTR_^SRUTAKUTRRUZ\VLT\_VGOYZIOWUHBDU^XTL=BMTURPQSSZ`YL;CJQQMKPZedX?KPFEJGCFTUPU[YSPQTU]]MFLLLFMVP@@HE@GKOUUOKLSTVZ\]^XWVX\XY\ZRKRWXQMU`_]Y]WVWSOZXY\_a_ZZ\`a\LTYQFGD@AJQX[SAGV^^QPNOPSWTMMKZYX][XXSXZPGIPW\aa\TYb^ZNJYWV`h]NW[[ZY]VTXUVYbkf^^]`b^VPVSNS]^YVVUUZXW[bc\W\WZedQPadfad``geb__]djtzfZ\]NITTW[WUUHKT`eb_[X^f_NNWMGMSJN\]ZTNMUZXWWXWU[YVRMOSPHRYTQTZ\XPIGGIO]]LQY\[fmifgibXRPMRZadeec`XS[ZUSUWVTRY^\ce_[\`^TLJLVTNWckhZ[_aadXW[^kneTPSX\WTMBKUYWY^XNKPSZ``XZd_X_dffc]Zbe_SU^ZV]\]_RLIJRH58R\\ab\bnlaOYSW[VMKBLKDPae[OSWXH=FTV[ZWZ`X[`\Y]^^aaWDPX^bdbdV;[kli^AIRagd_W]cb_\URVXYQHSPJMGFTWY\Z[][Y[cg^ZSR[\W^gdb[Y[\[UMRVWVZ]\afjg_^^^^WQ^iha[\XIFZa]dgc\QTcf_LP^[[[YYQUbbY_f^ZehppcVZ\\eb]`kmh^]a_eeUFX]^WRNIGHPRTRPTTUXUXZWXa_^af_MZhh`MY_Z_fl`NUT\__]aba_X\^\NHKIPKIP]_]]UPQUXUQ[\N>>GMNMU\b_ZRX]WSJBKRPTMIQPX\Q[^VQPICGRPOW]]USUYWWZfia^_\Z^Y\b``dif]V__VXdbePaf\RSSVX[]]ZTUVYWTSZWY[QO\]VWRWWU[[XYXVSN\caYZa^WRQVY_cfdbaa^elncWaeaTQY\_YQ`^P^jcTLYcb]Z\W[abRWZ\UOLKR_aYOMMU^]S[d\SX\b`^Z`[OUYYUWTWY]kjaX\]VLFJIFBKUTMOTURRLELGKQPQ]dYDNPMTWUUZ``TGONE?I[_RQSLDQXVOFNTOMPJPYTMHORRXa[KPXZVLQZYVRWRNQSSVXQEHRNHJSTROVSIU_VMTOO^d]PWYUJFIEIMNQZ]ZWS[^UONLOLSPDGQ_[Y]]SLQSRRODIIJRUMKPWPFCNWRSSECJP]aVRPQY\YUSVWMPVYYOR_dff^Y]b_XQMSLDKOMXT>BE62=MRUVSUMS\UOWXXXRMJINZZQJKTUPHARV[VS_d_`ZWZWST[][WKKVZYVY\[_^YahaZXQIY^daUELSTUX\^d]MOOO\WTJIQ\cb_ab_YYbe[PVX`\QSRROKP`qqmmok^`jgb[PXfg\SY][ZY`daaa\SSWQj{vUM_`XNRVTRKNU\]ZTQOLQTPNLHW_ZQPRRTLIJS]_ZSTPQX]TQ^b\^Q[jrpePHV^^]b`WWZ[UVYZNKMRSZaYQQX[[YVPUaie[PQbi^OWXONOXa_VLPSMPX\^ZZ\_]VONRRU[][WMQVTTSTPPWTNYZ\ZW_d]UU\YVelfXVXTQVMMRP\cW_lmbOIQUWSLLPIOYajnf`[T[[SV[\^XHMVVV\__\PP[^c_XY_a^OFTZSUY[aTVXVUTWSX_\ROYVUYWVXPJPOT[]UKX_YYVUVZZ[[WVSVQJPSYZRTV[ZONIT\\Z[OMRXebMDNYUM[\WRTPOKFTUMUXRMX^XVQKQVWLDLQXSMSV_`\SV]^UNVUUUNLN^^WOLNQ\de^W^aU]kk_O\`edf]SFFOYXXZQFM\heXVWYdb`jngd_Z]`bec`[\VPW[TV`feXNXejk`i…”ŽycTJMNTWZ^XGJO]d`VTUY^TGGVZVUQJWZX\]_a]YSNXUUXSU[PVbc_]lmcWZa]UYYU]d_ZY\bcbZLHSSY__Z^`__TFAMOJ^hqsqeWU]]SQ]dbc[ZXVT[^]Z_c_YXUQVZde[UailkcVRYZXQNNYgb\^^LLWZ]fd^SPRTWWX[XXV[[Y\a`[YTW]]MIZ`\WWWV^nn\UWUWRU^YQS[Z]_UAKVY]^[\a`SSYVQURT_mmd\]WHDU]`Z[]Z[\^YMC6HTUUTJLX__WR^e]W^eaTKJIF=LY\mtjcbUXZXZWTVROPTW[^Z[\WO[`^^][X]dldV]\VVXUXabVMZfifXOZ^\XXWVS\`\bojaXSNLPVX\Ua_S]]MKMSV]^UY]SJMT\cYOORURX[^___\W[ZT[_^`]\nokjbXT\elnj``^acYHU`c\WY\ZKRY[WSIOXY]baVT[`aZXXYRPONNWVVVRJINUUW]eb^[d`ZWUWYXUVOMKL]bY\a^WTTOVW[_RIFV]\]^[JP`db`YLPXacdZTT[_aTVY`behea`]WQYVW^\]\be^Z][T[a]ZbcZWTWZW`d[[_\ahhfjonibYXWMNZXVWZXY[Z]hh^XUV^[OMUUZ[[ZX[a_\ZTVTNJFKRX^UQUVRTXXYXVMUdjjcYVUQQNOMZdfc\[_^RX[YWTTNRQLGKSN@:CMQTOLOW\[VVVMKMLADQVPIKQKJWWTOMMTRNMNGGTVOA6O^ZPSUQWZ\\XSROSXWNRUVWN<:?FSWSMSYRNU\\TJPUZWKITVWVUPKKUVOS_`[U[\_]TLNNLPRV_]RFMNIPSNRVYXKQ[TKNTSNIOTRK9?LINW`a[^WFHOPQV^`\OHXVUW\[PRXWTVTHJITTSQ@U[]ddbVLT]`_SY_ZX__]Y`\Y[OBOMHU`_WLFNV[UNTVSPXaZT]cbSNSVRSXZTN\fbWPTRORMQXaacaYQSVV\\c`Tqgc_TUe]YZTZ`]NLUX_fe]SIXZW]ailnqpgWU^ZZ[ZY^]XZXLSd`[adc\WW]eliky„€g[ZWXZ[SU\V?IQVTQRTUWVSQTXTMKLJT]_`[RPUZ_WKRSRU\eUHbkkgfecbabb]SOJI[^UW\WTZ_[Z\\U]b]XVX\TOJTXZfimppc[WUMLXb`Y]]UUNLY_YX]c^PRced[V\_[^]\ed^WTNILPXTgsjTDK]e\[c_UXY[YXTZ\XSV\XWXXVTVSLMWTX`aX]_]T\ed_SOMIJ[_UFT\[OMPMRVX\\TV^`XR`aUVVWS`dfdceaVNSVPVZVTUZ\[TPVeaY__][OKNUbia\bf^YH@S_ddVNcmngaZ`]MOTNCN[\X^gkiaYZYUUX[UOOMHU[WVUSZWPV[aa]W[^a\RGORTUURRNMUU]_^YYPR`fb_X`jhb[QMKOSUSU\_XYV]aaZRQXXXWI7P^b[UWPRQRU`ijnplfbXR_lprndhib[]Wfmg]XYTWZ_^[TUVZ_[OXdgaMP\\afi^YUNQYURanm^USRKVa^bgd\Z[W[_cf_XRV_bb_cieTKHOQWU\_YIIWUYV[_``cVQMLQ_ecc[VQPhfYXYijhb`YSXZYcea[WXdnj_XWTX_Z[\SW^`]TQPLTW\gbb_hrplni]YW^VZbWRW_`ZWW`mmdZ\[UPS^_UPV^YSZglh]MR``XNHKX_]_[`bXR[ZVPQ]ehf]MHQNBIPSPPMUTW]]TW`\TTZVJFNMHQTNEHJPXYUIIRUNJG>EOZUHMMRTPRVQE@EIMJHMPIGJELQRKENXXQOSQWVTSSJJOKMMMQOJQTXXSD:GOQRWRPMO[XHHJKQUOKGKXYYVLVWY^]WSTWX]`XXZQOVWUJ=GFGHNUXPMOWXM?NRPOJPOPLMVTGDHEGMUWZZVQTSVZU]a[JJYWXXXVSWZYNOSPPHITVPD[baYVWZTPSWWVXYPRRQZ__[WSKV\M=S`^ZWPSY^R@HX]VU`d^TVaURWVNYd_UV]ae_YWV[[\a^[[ab]R[]X\[c^Myj[VYVTWaa_icK]cYXcfihfYR[bghopjmocSM[YQLU[ZWTQU[V\a`\XY_]][Tajmxxpd]YV[^[TUKKHGPUKQ\``TOVWUVSJHLTW]`ZSUKU[^UJPNJP]eddjopfZW\_][fkaUU`cZ[\[W\ZU_d]]RU`aYO[c^XWZ^cd_[_d_VYZXZ]cYMWX\XSNX^XXdie\`cfkpoaYSSPVYWWRNM[^WVXenc^[]cf__gfXXYRLMLJRPKOQTZ\ODIRQQLITXUNOV_^ZZZX__U@KCVeeYLQPPXZ\WGJXZPQTSMNZ_^Y_a^bc`^]`^RNWUOV`_OQ\ZVUZ[_ZV^b`WPQHP_d]O]_XYSJZhiaRTYOQdi`_ZADZYJWacb^XY]ZSX`XTX]Y[_`UTWW]\VQVWQLT^`afd_WSKDEDCXab_US[^bhgg_MRcjic^dhdWSX``a\[`b]^d_X\]VOHJRTQGJU_msl_KHLTZbjnicbef]bgfdnth`krmhhmohZT\SRad_^[^^WVYQT\baSampgaa\[``[YZ]cki^\[PKN`gafk`P[_dllfZQY_]Y^a[UZ[ZPJ[`_a`]YTV\]TYbf^QMJGMR\`Z]YQUV_`SNY^becd]OVc^adbfd[ckfZ[[Ydh_W_\TRTQNW]^^VQT\a[`kkhomg^[babbXLP^ghfcabYY^YZ]YRSSXSHW[X]krncZ\cf`UOH:CZbeef`YUW^ZX]^_d_\WIJW^Z\]SOHLNTUOVZ\[VYSPQNSLK[]SNLDRMBBLVTLG>DUY][WWRNTSWXJNXZPECHJRURSOEHYZYVWRNQYWMIQTYUXULNRPMKLLFKINOKHISYZXRQJLPOOHCPYXPOV]YSQPRMNOTWTIJP\^OMSMHOTZXMJD7GLMQNOPRLIW^\XYOHLRQSWNI^_QONHHU^[TRPNS_c\WTNVWZ_^]YUXRIPVWYVIBJMNS^gh\Q[]TJERc`VVVT[^agd\[SKWUJOKMKOY__YT[^`a\NS^XRO\a[[cb]_[R[]S^gb\W]_b`WPLU\_Ucl^Xe\Z\NQRJLXZS]__ccW]c]\gdaif^gf]Wbfc[aZN^d^RQX]XOP]UQQPSYXLQagcb_[VUcrrf\\[[]\^]YRUWLGJS``^`dhd`]]_`^VMQNLOHGMX]UQMHYheXRW[ZWZQQSSMS`b]TOP^\U[XOW_]^^`ac[UYZ[ZZcfecdhd]YZYW\WZ]VZad`VRX]b_WPOUW^cf``^WZ^dfaUV`[TKLS\V]ebachbVX]WTRW]cea][][TIGRWLMJIW\P@AOSOLKOQUQNRQXnpdQ^eYDSJERWUJJQLPVUVKHTW]`YTW_a_Y__Zd`RSZZUUNR]\WV\\QFBPROVZWO\cb[Y`aVU_^QLRSWb_PObbZYYPMP\fcSSYTOPNY_^]YULU[WX_YXXZZdhd_Z[_`\UOO\ac]eif`aZTVUKMPFO_ih`STX_c_^\QKTYZ_`ZZ\VRZae^YXY^aV_aUSSWSPPTQUSPY`cfda^WT]]XZ\WP_c]Udkjedk^\otld^eoqgc__aghb]VMR^][[`aa_Ydinpqf\Z`eegdaed\TVVS[\Y[ZdjhTRZ^aidVRY`baWTSPW_WLQPNZaYZ_YIVWKV^_]VMKOKPXZ]aWTRPRWYRScZYbei`S^^\ahkh[[`\VYcea``d_RX\\XMSYac_VT^_WIW`effed_WZafeXMZdjklndQST;Sbb^XPRUWTWY[emi^VVT^_`c\LW`Z`ilkigijbVQW`gf]VUUWXSU]VRPPY]XVXYVZWUAQHHQVR[_XNLHVSGKUTNJKTY]]YX\XROPV[[TTTXWVVWHDRUOE4ERSPMUUPX]^TNSLJX\XPSY[XQHMBBLQNOXUHLVUMPK=FTRGBHLNLQWVTUMIHBDKOSXPHKPVUPNNQUSNYWMIJJMSRNUVXWXV[XTNOPNNI@DBCZ\LPXW[ZSLNXU^`ehd\\V]dc]a_YZb[JCRRZ[RQSTOBK_d_VRXUGMOUUMHPU[XbjhZQSPOTTOBJMPTZZVWahlbRINYULRWci_Xb`T[_ZSEM_cc\IY`^NXa_bc[eiZU`^YPLQXYN[]X]`]afbTTTWajmkcY^egjqiSYdb]ZTMQU_]__[QR``WUU[ZP[kme\ebTV[_\YZ[WWJLW^YXVLMSMSYYTepm`]chfhbTNRTY]]X[SNY_UVdg`RLTVTSSQNNRC[idVRZb^[YT[b^[^_ddb]`b\^_\`ehdcb`\]VOOUWX[XTZbcTMbfa\YWRV[\VY\Y\[UONOWWZa]VSMR`]V\Z[dhg\TZVLKOTUQOUZgldTV^aVNKVZZWNDMSVRGGQVIS[_kxykWY\SBV^^YYTLU[YKQ][QXXKW^TWZXRQTTZRaabc``^SJQVWQbgcUGYdbSBR`b_\TX\de^]bZLRQUYRHSTURXW\gkcbbe_]``VNEHMIQX[\[[\_bcc_]\\a]\_]VXRX\ONWWW`b\RQS]`^Z]c_U[Z]^WUZWXTOX]]__Z^egc[XZWVUU]ee[UZ`^NB@FKQRGKRRMXdhc]`bejg]\Z\YW_dbXKX_flljcfljdYW]hhd]a[[aeb_[Z_c\^ekh^VZV_lqkbbee`ccZYXZPIEMZ[YUJ_keY^b^[UP[c__ZYa```UVZZTKVaa]_][XWSW``UOK\_`[VWXVXNCKJYab_`ebWX]dd]VUSWfg`KVY\[blle\^a^XZ^[[\ilopnaY^IH```bb`dcfgc^d`VOYhnljhda]RITMDQQKKV^ZQQSZ\[SUROPSVSSWab\\bd^beeb^XVW]ac`[_ZRW^aeeOQQQRN@JMJPRUPQONLNNSSQHNOMMIT^V=DHOYTILGGIJTVPEDRUNKTZ\ZZTRRRPJHQVTLMOKEGPWXSPJRUQKHP[^^XKN^a^ZXZYLINF@MKMVYVWVVTTOGT\\][QGLNKPVa_PGILPTTWUSRD31AS[RFJRWTQRTOIS\\TQPOF@EDKJLTRUUVMFMTURTUQNKGLOXWW\UPWXUVUQPMKUV\]XOJNPPTNSXTQHO[aebZPFJOJOTK==NTRSZZTIFHRYXVSQQY^ZERVID@LMOTOIPUZVKMPNUUTLOZa]VVTRSTMFJMRUULOZUPPNRUMOZ_XRZYULLQOGLQXYTSOVYTZ]WNJQRPQVMDJUPE>BIJVXPCDV[U]a[MQRMQTCEA;>MURCAQWVSOKNOQYYUW[\]ZY^VOUSSZWPS[TEHR\YTMRSCKUUTVZXSEEVSMXacc_TNKKP[_a][]XQR[[[]_YOSXURPXRMYTDGSSUWWSSV\\ULQ[][WWRMNRXZMKPJR_gf_SPHLRTPPPT\gfhh_b^fnqlkm_RNY^cgh`d`_[YWUX[X_gjg]UVU[`ZSW\bcbbYUQQSaghddbYW`ggekleXSXaaWWa\XZVQS[\XXJ1DWYSZ_^WX^YQNQ_db^]YQX[YXbie[RREORRSQV`[W``VZ^[SMMQSZ`fda\V[][_fiea\U\gg]^aahi^KPUQZ[Y]VSY^\a_ZWXZXSZa\Uaokdg\Qdhea``VMV]Z[YVZYSONU`_ZVTVXZRPRVQahaKLPRVSOSSUU_eVNX^bb_bf_RURQW]]dcXKNTLSRCNZYab]YYU\XPX[VONNMKDR[YRHRQU[XVLRUV[RLROHJXZRU\WPVUUSYb_SLX_ZX^ZVacWOW[VUVWT]bini]QVPNahcPHPQNPROT]^\\^][abWMUXNRQLRYcaTYa^\gf\Ybgjoj^[[UPP\bZZRMTYVICEV[SW^a]TNMTZT]c[Y[WT`acff[RGGNU[\b`WIPV[VQRNLRX_]W_ffd[XUVVR[^TNSXYVPGGNU\`YWZWJGVSJEJLTOOTLHIKQVXRHKMMX[JM\`WJHNNSXTNBOWWWRFCEBJSXUSPJELI@IGHKKRTQQTU[YSRUSPLDKQRULLNORNHKRUXUOJKPS[]^^]ZLLGKJIMSWTDAD@LQVbbYMRSGQYS?ANLPRRVWSOYbb[MV]b_VPHO`hcUKKQPROKQVKRdcWTXSYa^XWQHSTQSYTGCQPNLNMMSWXUXZ[ZZU[feVFBQTIJSTJESXY^^WXY\[YY\UZ_]`]MNbje`fld[TBMULDHR^fjdZZXR_li\X`d]ZQKagknjfbbgg_Ybf_URRVTbga[ZWNV`faY_gb^]YWYacbTHNNTVPYaeaWRQNV`\RTPSN@R\\[_Z[[XQW][[^a^Xdlgcb``aVD>INOUUUTR`cab`[SOW^YY[W_da[SWWT[[V\]\WQI>GNag[SYZW]\XSXcb]fg^Xdc`a\bhedg_``ccaadgga`bdc`YS[YPS]VQPNVWV`aVX_a]ZVY[\ae^ROVSRbgi_Xgol]K>AR[UW`\LETa_gnpmj^`_^_aa[UIMU^WXad]_[TXZZdcgf]WPQUZVTT\ZZ]c`RRYTYU[ZYWUVYXSJMOQ_hf\\`\ZYXSQQR^cZX[YW`d_VPLXb]UY`]WZcfebXMMRTPV[\[W]^[XTXWVPS[\WWWX[TSNNX[WFN\YMKMUdg`\bbfdca\Xakopi_^ZRU_^ZW[^^\XY[RR_aYMV^a]XUXTMQRTXb`\W]haOLLOXZ\bca[ORUWZb[RT]]UFPWUOS[XT`haWWW^d_QLGJT[]XLKSIHNVWSLSKDS]fi`LJVSMZ`Q\ikd^`f[`g`RW]XSTPSQNPUUODLZ`^YXV]ZWY`aW\b[IPZ[SWbh^MS[UMW]YVSZaaS]Y`a_`_\TN[aXXglbW`a\TSSUY[YW]abaYQ[XPZaZZ`ddefg^WSXZ\ZWVGJ^b^[^baQIQMKFBOZTPRV[^YTQSVWYUZZPDHS[]^_^]WGLWSPcj_WLHUVLMPVXWUW^ced]Y[W]b[X_]LY]VJL9:KW_]LNW\WUXTNEGKLLGOKCGJLKTSMDMVQB;>NXWILQNHWXVOPPPVQOWVD?MRSV_^JAW[VDCGRWPIPUNTUMMRZ[RIQVYRV\WLGORX\UENZXVL9IU]\TPNFENRTX[SSVODQUQKZ\ZX\YDFUYSKIG>BNSQRRQXWYPLU\YOSUT[c\HKLQQY]WPRU\jg^\_ZWW^a^RIPPISYXSV``\UOITZ\ZY]]QGIZZ]`YVSX][NOXNFT]`^ZV]ild[[babdcba_\djkcbeaVOY^WPRPQS`dbWOXbhom[U[\SOTW\YqtlgeekifbZV\ahjgcileb[VXXZcfcejg\MLHLUUURLSWWUW\`_UPXUGQ_cZU]]SMVWWV[ZZWRKKYbdb_XM^if\NQWXSPAOTZ_WOSYae^ZY^WT\bXWd`XUW\WX[^^]]ZTRZ_TGW]bhc[IMSRU_[_UT]`ZTW]fheebZVfnh`Y\dli_Q`kf_edaYRX[U_eWJVYUTTVVEO^a_^[W_c_`WQYWPTY`e]\hoh\[_^USYVMOHNbjfba`bcTUZ\[VRXX@L[^YTW\\_b]UQYZPO]^ZYZPRZ\]ZX_bbX?@NLPdghcZVN\a\^d__dcb^XZQS^b_ccbdcUW\_[X]_YJISYRM^cZPQU\cgc\SHUZZYVWXRRVUS_bTKQUOW]VPXVRPFKV[RPZ[VTSWjtk\hifc\Y_irxupmibYSdg]\bcX_`YP[ZVZWPXa`_QOWW[^^W[^`Z]]Zaa[VRU]fbUV`eWT_\WSFUYVY\WRW^a`YPLQ]ZTYW[bihVNLTUIHOHLRU]__\SOPLbkkhcPL`]UQLRPRRUZY\Y[_^TSZ\ZVMTUZ`\X[XWW^d^[\\_da_ZHP`^`gjaUZ_`ZY`]\YX_abffa]YMUcdhkhTX[ZULN]_PR[ab`YUPZb_\ZVUWRZf^SW\Z[`agdJMQZZSOVSQZWWbhaWPVab\WUVXTW`bde]PM^d_SDO```]YWUW\\Z_b`WMW\^``_XPPO@CNROOUVSMZa`WQW\YYXRRTRMLK=/C7EICQWNMOMMNIJNFGNGIDFPGCJHKYUIIPSOBISPBEF:IURTXTLMKQUSRUXSMLLSV^]KHY`[PKHMOLHLQMTYWOKRWSJPWb`HBKLNUWSTVJJ][OOLRRSNNOPNTWWU[[OKSSAKYWMAENQNKKNPMOQPRKNTJIJLHBDJUWURLMRRK?LMNTWSKNROPZ_[^\XU[`^IMQLVZUTPSZ\XX]baYSSVXY[VY^ZZQSXXRDNXYbg_UQQMJSY\UWcroe_geefc`chc[cood\_`[LX\UGFOLQVSOYTOdh[XXVaaYQX[]Qami_XZ_WPX[VYekjeYR]bbfbWZbhkcW]\UOTVMNU[]^c`_`fd`X]`a^`XS\[SOQLOMQ__\YWSWZSVUSXY[\^`aZOWYOMTQLTTUPV``acXINVXRSSOPZ_bklfa_djf]]`SLU\ZOX^\b]ZRVWW^hjmi_W_XT__X]feZUYeg`WPRWagedabcagdc^PYb[`b^\`adaYQFHQKQY_ZOY[QLXZXYZUMGIQYhi_`abc[X_YVW^[clieb\^^`aZQRWVUSSXb`XUXRUYXUNPUV\\PWc[VXUYad]Z\WRPKQSPYaXR_iiZ\]UU\V[_UQYYULTYb`[\^\S^e_[WQSVZZ\]ZOFU[WKQYZYZRZ]TFLS\`\VOQUW`llcTVabVOPTVXXZTHVTRRKX_dbkuyrc_fikjfjrqph`^chhadc]^hdWSQUVUceZKLJWYQNNUVROPV\UU`loi`_^OKTSY\X[]\VJQ]^WNJYYPRTW`fc`XVQ?GXWTZaZX\YTRQWML[ZSY[aa`^YOJT_`VPSNR[]TSTOPUSNO]]LKX[Y\^aa]HP`b`WVZ]^`XVX\aWQ`eZIHSYQXgi]R^\NLVRPXZRT^eedc]]VQX[][h`\X[YVXPOVVUa`YUQ]ikigdbUXbfea[_feceikjlhW\\OPUX[WONUXRJN]daPCKWYWVWZ]fi\NXYQNOakg[VQY^\XXVSROPWVQWcd`QKT\U\aYMIOORSLQQV]]\YOGONQUPPJRQVBCJDBDHHNOI=GTYRFPOC@>GHANSGMD:[`UKDELKPFPUIJU\XSNRW^]VPUVRRQOX[YYVVbaYNNMNTRURPPZ\ZLEQQMLBJRXY[[SGHGCEJKKPRNMNSMECMU\Z]]TLTUQNONJGMJIUTLLQTUWUPMLOTUOQMOK>HSUTSSTNOSIERXYSRUVXNKTSRSZ[SFCLMSURVTO]b\RJLVa]OQac]PNT\ZYSXZS_]XXSHBFJLQY]VRQVZ[ZX]ccbe_cijhhhmk`OU]jpcLXYPEPSQMKVYV[_VMTWbhcWMSebX[`RTM[cXVZXX`a\VLWc_VOISYW^fhe]agg__fmfW\cbXNY[gke]]_ee\^b]U]]UZUVMOPSU\dhh[NXY\ZONNDRWVaba]QTTCHPA@ENT^b\WTTNPSQWTYXQWejnsoba^UW]`^YUPMT^\V`e^[\XZURU_ejhdada_c_Zbdh`\^a^PEBQQPU\^WXZXbaYTV\T`h]PV[Z\\VZ[UY\\[ZRRYYVKNIQajfYANV]ceabZ[`_X]_[Y_YZbhaVS^a`YSOXYPJWYOQRNSVQUYXZY[YQR[ZZ_]WNUXY`^ZPPSTUXSKQaTR;N^[YYTURW^`XOMTXPI^gWFSSSUbic][VSWYVY^YN@>PVXUMNOSUQRQPOV[ZX[YRSPZffb_^_`Z[[V\ed_TJ]dd_]bda^dq||nWWciignqnjgcUUbe_]_]\SWd_W\bWU_[TQOVVTVNQUPYPJERZ`fhbWacWJFIJUbaTW[Y\`a[TWYZY_```a^WNTMHNOQRSXPKLLMTS\YTWXYWIN[b^[\YUKDLWVUVMNTUXRJORPU[_\VYVKT\bZOMSXZYWWVRJMKJRV]SMJQPNQSOGSZ[ORbaWU\WKRSRTY`VV]\\N`Tdskc`d`bf`Z[\WPBBORSV]]X[]YaaZTTYcfgf`[cifhrwm[RMSSRYaa_\]YUTV\^WWTXWQT\VUaf`]aVEU[^`XMPTY\baYVYZYLJMOKIV^YWZTOY\]ZTTSWVSUTS\`ZZVTQLEMIGPXRQM<>7+GTRRUOB?DJJILKHQSGHMTYRCIQXQIHGKTSOLV^[OQVNLTSSXWRRSQKLPNOVY[Z[ZVOUVQTTRSUVSSQPQNFHENKMVSN\fc[TPS[\Q@NUSOFA;AFEJUWRMLPQPGFQZWLFEN[YN=:LSRSSRMJWZZXWVQIMPSRSUTWZVLLNVZQX\Y]_ST\QUZ\ZUONWSLEJTVTZ\ZUPRWPKS`]XVXU[[WQKTY]b`WVODU[^\[\SRZa`YT_qreVXVPS^a]eogQQZZPUT:HOMINIFGHRXSX^VPU_hfdWLPY\SR_Wadeb[_Y`cd`TRW]bZ^c]YTPSY\_jpqqf\eol^Q\dbV_dchklkWXd]VQORLR]]XX^YDCR`a`d_W\[VKMXZNX`[SPSYZWNW[USPPTYXX\`_VSSQTPT[UIYhlha[]XVRY``[QOXTTQP_ihd^ZW[bfebcopdXPZYYRU`_efdb]X_cad`UTUOQTYT[WQ^^[W^fg^W\_YVSU\WOQLMTYWbkl[LUYaf^SLOWa_VNOTX\YWTV]\XY_b\NGRYSNW_a`ZYUTUQU[\e^XXWTW]`a\OOXYXNLNRTPRNQVVZZ[^ZUO^^d]QNU^`ZPIT]a\NKXWLMRNOW\_[Z]XV[`]UOJ?LQRPVYYYYRJUbh_QY`^ZageXX]WSUUY^ZXZ\WTX[Xamk^FR][Y[X]aechmtwhX^bfc_ba\gkaPVfgXIYUU\]_YN]_ZUXP[aZT\]ZRSV]bd_KI\hjbVQQPF>EZ`\\WOSVW\]TNOOXVS_hfZNITX[VTQOMOJT]VIPRJXcie]^`]WJP]\TRQXTQWVOJJPQQWWPIOQ]b^^aebWS_bb]^\UIIMQTVVWYUMUPGTYMEHITUQN_[NV]WZXOLRX_b\XU\\TKTNJ\Oboqibb\\fihcaXMWVRWWWUZ^WX]b]RKQYcb_a]NUYX[elmbXPRIEQ\aff\EJX\Z_\SPORQUSLN\^`cbWDPX\Z[XUOCP^``dff`US[YPPag^SRWQQSVRTXNLX`XLPVYMRRMMRTTL@T[UOPHEDFKJGRVSMOQWXTSUHDMMAEKLQWWONIBAFCPXSSREKMRWRQVVVSKHOQT[__PFLQKTZVNDKOS_[OGNQLJSYYVTNCB=?IRCBV`^]YVZQGJQPSZWPPMG@=LWZTSUWVRSXXK>JG8EOFMWTPV][WRQTONZ[WTFNJNNOTWYUTRZ`]RDQ]a__[NQVRNAKQOGIJOMDNQRYZRXVUUTY][HMWWY\ZOT`e`ZYXMOWSY___YY\\WURPRboqaW[WPACSU[``ZOFNQQOORSRRQNROLPMORVKac\fcTTSLOYYXU[[cda[ZR\_[]`c^PSKR\`^WQSWUQbhd`\QXNS`dc`ZX[]deefd\S[]WTVULT\U`gaVJKMWb_\ZWXZ[[^YSS]d_VWKRZ]X[ZTW[VY[_VW_`bZSRTU_c]WT^c[NWdid`bcVV_XVQHKXabW[\W`iifdf]Y_dWLab`_[Y\_jni_\aehf[UXWREQ\YUKR]]VY]YVYYPYZVR]`YPQWYZ```ij]LTYYUUQ[^WX^a\UTX\]Y\^cbXWZYPIS][V^bXSVZZ[agb_][^```[[^aXPSVQNUZPMOSOQMEKQQNLQW]_RbcQYbZQMV\c_XYXX_gf`Z^`^WXXY^XVZ_\`a\VQOIU^aaWZ]\\WZZYa__bb_]_`\L>PWX_``d^J?R[XYVRdjaUKNPJGOWXdooh_ertiadgbaie_ed`addaYQ^[IOUSVU[`bb\WagdV^b]WWS`ehlgbf`\[ZTNWYNJQGHTTNJPQJ?MQRXYPQY_[QTWTNLWSQKPVRQGLSPOMMKKGAGKDIJNV\RDDEES^c]URNK]c[LIIJPNONPSSKPWRDLVNEF=>IQSXXUOJMUZVTNGN\]WQRTMDCJPPWVNSWUMSWYYTXTF9JWVRORRTRU[]PQ^]HHGHJOYUKJOEDVWIGJE@BPSUWZ]RLGHSWUKMPTXOKRUVXYXYVSPV[WUPKPSRRNMXddZNUYY\[NRT]\]ZYV\_\SQPSWTXVQQSPKV_`VKT]\TLIQURSRTafaVOX_WCYdcZQN[b^PQVUUf^V\]U^c`WV]`]XYW\[_hc[V^eg_TYWJFJZ][^`\\ae\P[^_ac_SPVTRVVPYa_`e^SB?LQYZUTTOMR\af_RU^\\ZJXX[]\XSVZMOZ^ZVXMTUGJUEQb`[Z[YYac_`_fjkb^\Z^\PIX]Y^]W]cbc[YdjaWVYWbaggXNYafcUUb_PRW\aa`_afbRKP]`WPY][QSYXVZXS\ZXTV]_^`ZNWPMPU^d]NMUcif[TV_]YZ`UP]cdb`deZSY_bcfaYPPWbb\`c`[VXYV^aWWYKINTQU_aVLUUTPLKZ]ZQR`hbVQ^UMHUYSMWT]_U[]VZdkg`^VVTPPD>HVVX]`YUWKJP[^\\[^^VWYSRUZ\UR\\X^]URTRMTWX\[XPLU\YQET^`QKX]ZZY[]\issfX[hoojfmrpmie\\Z]gkjd]a`UR\[\bggea]Za_[[]flmibekjhehlaVWRS[\YQNRTPKTTRW]`ZVY_[\\Z[VQYa]]YNDMQRZc`ccaYYa\QP`g`WNPYVMS]]QQXTSUQUNGSUTTP\ef_PJLLRUMIPNKSQR[YZeb\ZWTWWTY\b`V;PYTV_`]][^^RHOXOPTPUWNQa`ZX_[SMd_XbaP_h_JN[\UblfVZYajjfec^ZWQU[XZ]TUSTVKNWXWTKYdeb_[VQSW^Z^cbUDK[[]YUVWTRVY`e[Z``]baZ[__^[URV^ZWPS[b`MN\_PI@?OQPHKNONQSW]]PIT__UV[QB>V^VNKOOPGDNVPMUXSJTRNOSFLRXVNEQN=DY^[XUGDMUXWSQOXZUMR[[SIEHIOJIQVJJ[_WNOMPZYYSKKF;EMKYcb][XF?T_\RHW^]WLPW_\XWWW[]QDV[SNRPSXVRMURRSNTZTPPHHKCKVL9ERRPOY_[QQWVUMOYXQSPLNNTNHLHLRQLQNMLGOSUSSUZZOFPUSNVUW_YOSUVTYXNNKQVVSUUX]adi`KGRXWRY^__^_\Zeh]VYWV]_WQZ\XYOLLJTSO\dd`QBFPOMOLJSTRR\c`ZZ[]a^WX\_`WX_a`WRPNgR?SUUZ[ZZ\[VRVcjjb`geTP]ad]HUc`XX[ejbY\ehc\PW^KFWb^TFMVY[^[bb\Z\^WMJNNSWSMUbaTU_]WZc_Wc`ZRS\dea]QIW]_^VW_eb^^`[TUZOV_^PS[XUTW`f]UJNY][^b\MTb]MFQ]caaca]WTXVX`aVR[igSNTWW\[`fc_XZ_cf`VWX\[ONY]ST^]TANUXTXa]_^^]YJUVIQUV_\ROOLX`ZW`c^SZbZSS\dc``d^OWflid[MK]`baYWb`Vafc_^\Z]\QMPRPOJSZ^[__ZU\aaWNVW^TEV[^]Xcc[OY`eaVS]b`[_\bbWUXSC=IQNQYRQTRPMU\_YIMW_[S\f^RPVW[V_cWSYYOE=HX^^[WJIHLS\__SWZTLQY]gogba^ce^NTbfdbaknki_`[Q\b`\`bb`WTRYZ\][[_^W]ZQUY^floobVeccfb^UOMWSPXUNVYSNHQXZUR[TEMUTNLRZWRU\U[a\RRUSTYYYZWHMV^a[[a^XFFX`^\^]XR`_TS\aVHWZPRY\`ebXO][V]\WWQDV_ZTSUZ[ZXWPE?5MYXTVW_`\ZUS[^W^_TBDSTM@U^]UW[\YTV^aZ`d\afgff`W^a[Xind[^ZXZ`ijiibZTSQLSURTUWYY`a]YSW`]YVXZaYGOS`gb`ZNS^W\_\QK^ea_ipi`ZSW_db]\YWVNNPT[a_WZfh\Wb^TXTNSVUZ\PLSUNMSZYTXY\[SYWLGPUONJ?EVEFJUVOP[`WGGNMRQTWUZ\XRTUPJIFFPLALX[UBFRVSU[RQXNFPY[QU_a^Y\ZWX]`]ZWWOQXZ[UIKZdmh[KNSPKMNV^[[XSYZPVfkaUYW\ac_ZSPTEN]^\]_]PJONKTXXTSLLTXWT[dgbWS[baXZX_`[VWWVU`]VZ\dd]TM^a\W^knib]]abimdZS^a_]\VX_f`OKb[KVV\\PIKMUWLONCP]\ZYYUQRUVRVYZUUVT^dWesnj`WOPZYX[_]\`fbOR\WUXZbdgbabbaa^\YZ\cYKSVWY[dfVR^_c`U[df[LV_]VU]_\VRQXb^[UXde\OUWXWQUcgg_cgfaVPQTTSRXZ]`]_`e[UW^VFO[a_YXQUfniaWPY\[[UX\\YTF@S]aba[[XWXVMTXWMMQW_`\\WQSVU``[][WXVTU_cd`]VPOKRZ`_\WZ\WY^b]RRRQTYZVVWP`]d`X`ibQR[^[SSZ_b\WRT[RMOOTVFMWU[[URNMSWZ]VV`ab^V]d^TNOOKKJZPBQWZ]Y_eb\LHOSRQWajke_UGV^`fc]W\ba[`^[XTW\emohgkf]_a[]]UQTTUSMS[[XZRUY_]chd]ZUWinok^PVde_WMNRQOL@IQXYPLGLWWZ^^JRbWJSQKSY[\`ZVYXV]\TQY`VPW\WPT^]^^TNQL[ejji]URei^\gbSPU[VMT`cbZYWTXX]]XYWB[jjd_]Xada\WIIM[ZL[aa_\[][XTGPYXYXTVWb\VWT]dba\YWNMNic^efbdYSY^TKS[\\\X^fgabZYbZMPPPSNMRV`kbY^[WZ]^bgg\U`f]YSVVOFMLRZ]ZbcaZEVc^ZbgcYOU\YX]]T\`\IJSZ_gi\UVTHIRTWUQRUMVaZOTWUPOPPW[``[\YU[\SKKLSZPGJVZOPSQUQZ^T?EUWXVTUUTYQJJLMH9Ub\VQRY\YVNJPQRPPTUHDNJSZYXWOLKKMKNRPPX`bYNWYYUKGPUWY^WRWVVUROQSQMQYYWPP]VTWNEHJIPTW^]THMZaZSKYYPMJAFFCCA?NSSSQQSYRJGPJQVS[^U[[UQPQJIGCNNNX]UOWUKGROPMLVV[]ZYS\dea\ZSKP^ilg[XSQ]`eeTA\ajohZSS\VJNU_f_[^ZUX\\_aXUYknhXSZXSOX]\XZ^[RNQS[Z[\`VAT\c]WXZWTZX`kk`WUX`YLW`YRcZMU`jfSV\Y]YX`hg_TMLVgjaYGN`ga_`_[XTQWZPNX[V[ZOR][QQYXZa_TP[]X[ZUQPMT]XMZ][^\UjxugZPKMPY_YTTN[cbTNZ^acee]WXWQW]abca_Z_\Zba]^bgeY^fb_a_W^ddTTa_UXfibSQQM``^^[Z_UNZaZ^^]hle][[]^TDNUW[ZVYVX[]Y\b^Z\\VTTPJHLZgkgdadc^cjf]W\RU_^PORUXZ`d\Z_]\`ZV[UQbki`[WE6FTUTUW\]WLCAPW\^SJNOLTZ]`cdb\RY_daUJBQ[[WXZVUf`db]Z^^VJP^]SQU[]UIHRVUQKQXTEXa[V[UV^a\SDTff`\VNU\^[OPZ_b`]XYSVRU\`]abYHFMRMSZ]fhggcWZ]Z`a_`_caiokcZQEVafih_^UKU]_WMNPTPJQY``\elc]^a\\Z^_U_jmheec[YedVNKNUV\a[PSTOLMRSWYX_e]PVPGVUMOVVUTFGWWWZXVJPZ[[Z\`ZHHSV_[QbbW_hmkY[]]LK]c^LBR_eh`_fi_YYOPXY\]ZYV\jnjgeZ^ZRPSW\Z[`^acfa]ee]\WSSJKZVQW\]VOW\Z\_^RWb_UH[de\VLOXW\_[]_[_gi`PWYR][ZbaXYXW_bWOP\daehaVaf\T]b[Xksk_]`YZWRKRWTMS\b_[]]ZXQR[]TSSTWX\^[TECOZ^]U`gaW[[SX`ghe`TUVURLPRLSWOSJEV^\SMLQVXUTTUXZWI\`YQKPPRXXPEHTPMXXPEBLKLNNLEDYd_OLKPPI@DLSQJDIORIKVZ]]ZX\[RNNQG7ITUPFLUWXORa`YVNMDNbd\MX_ZXXRORCL`h^_XOQWc^RVdda\dkfZX[YSTVT\[Vah]RZZR]`YPQY]bdg^JU__^VPXZ]_\]ee[VMQ[SORVSZULLRY`aY`gd\\a_Ydkedc_bec[TZUURQX]XZZTSU[__[UEKUWUZYT[d_WdgW]`[\Yaih[bbUUSX^XOIMWXWXRFOQTVRVWWUZb_VYXMPYZQHHNLKNPSQTYUSPQW_ZWUZ]ZQKL]`[ceWW]_^WUTQNJOSRTTT__[X]aiia^`]^\VX\\^bea\[\WYXTQZ`]VPRYWSZUYdd[RW]ZMHW\]\YWQKW[URQVSWce`ZUbe^WJS[SWcd_^]\bhaTMNQTX][Z\Y[`_ad[KU_fgfa^]`_WWXXXemjfpoh^^YTLSXKP\d\VY[clocVROV[XSTY_caYWhnnfWUYUQWYWSQU\iiYMOB7KPQNRVWWSJS[a[USVUZ]][USX[W[TMF6HTZQFQSPMHHLT`]QNMLOOPNMUZWNIRWMDSYOFPONNTRMNKLIW[QHRY]SCDJOZTOYYNQYQQQVYRGQZTGKXXNFIVa^OEUXVPRWQRNLIPX[TLIIIIQPKIHKOUNNQVYRKIFMRXWVUSU\[TV[WWVSNIAFR^]PO]ZX`\URZ`_RPUYhldPGKTVNMSSYbaRUXUUUZUKW`_TMKX\`ZZdgkpmYOMPPLGZeZMMXZ[[URTRNU]cfg[EEMQQHNTNRTRZ^[SMKQUNFJ[UHXabZUXZ\_ZR[ab\SSQZXRIRXTc[SNOWflcWUSXYXT`gaNYed^[[TT_aYSU_a[[UHP[bgfa\]][[YWQQW\][[\SWab\W^^]c_RORY]]cb]add]Y[`ba`_RLY_dd_YV_gdMN[_ZUVbc]WZVRQT^eg_]be]R\]Z]eeYX]\[]XHBP\^[\_[X`]\ahhh`XYaa]^dlg`\\OQ_g_\b\PIVc]R\_bfdRKQX\\ZXSKQVW\YUOXWX[^_^\WXWWRUWRUTQQXWUSVY\[_ba_ee\]bVM[SIMUSG_d[X]^Y[\WTYRPY]ZUV_]_YWXQHITWPSYZaf\KSWLMQMKEPW^ZOP^`XE[fd_[WXTSSWX]YV\^ZRYingb\[`ZSW]]U][RY\^ee^TQY]\VQVWVQTRR[_[RQX^jkZ\b^MY][aljbhjdaZSVSMOY^XLX\WUSGOabacbYU^aXTcfda\]io`bqphachiecZX]_\TGDNV[WNLSKJW^_^VJMWWVOVcg`XVd`ZTVYTKFZ_NL^c[MW^\SELWTLOPOZ_Y^_TVPANKERYTOHLWWUS[\bd_Tdgc`aZXSCAIS`d_WSW]]YVWVYZRNOOFCY[UVZVPR[ZUW_ZVTT\]WWWVVSRVZ[VMP]ceRNUROQ_onba`]`ded`Z__]\ae_SRZ`ff_\^]dfZ_a]__YXVW_abcipssncXQJSZVYbbUV]]`otdJKX]\XW\aejib]ippi[Y^XS`g`RCKUehc]VW\ZUMX___`XLV`aXJGIT]`VVYVZ]^KSKGAJTYRKOQNHMPSVVSQUUZWOKNORXZQJX[VPXWV\[SRTTTNGJPLTWQMHLPMK@PYZNERUTUYUZ[Y[VNNLUJ6DJLJRI?LKFCOVLMW]]VQSWUTNNSTOMOMY]ZQIUYXXSUS[ZOUWRWWKPVZ]aXFNS[ceb]Z\`aU^gaTZfc]_^ONLW^\Y[ab_R^bVXbgddca[URWKOWSOTU[\W_hdVUVTVQKW_dYOS][[WKS]\^_\YVTUSZdhaXYZVRSV^_YLLX^WNTPJHP__^bjmga^^ZZ]dh`Za_OQYVQS[^\UR_cjihed^gcYac`^^bcdbaVNV^cfgii[NV]YW\]]]`ZWU^b][^^Z[][UabYYZZ`ZKNPY\UQSWWV[YRPSS[_a`cjkcXZaic\\WWVQUSUWX[_XTW[]_\PLW__bihg^_fgbZRXce^XUPT\`eeZY\OJSRXYQSX_[Y]dd_PVWSIIP\`daUX[_VSZ]Weiccehlf`VS\ac^SP]edbZZWZVSVUQQLN^a_]`eeecjmjYYafWYY\fnla^`ZVTY]VPTY``bc]OAXa\]bghf[NUVMO^klihdhtqgmlca[V_a]ZTTZYWRNMS`c[Y``^XXXXOKYc[MINW_`bXZTRT\^aZLLXWRbje[]_aZUZa[PO[Z[__YYXXWPNLXXXWJENPMSUYXX[UIW`_[ZMYSFRZSQY^]]a`[_^ZRNUROLLTW]\UNOTZYQPSRROJKS_]Y[YS[]WZMKWXUX^c_b^RYYZef]cieZ[aa^]ZNT_bbYDS_[_c[VZaZ[[Z_a[ZXUWSU[WTZ]gnm`RMQTOVYZ\YZb_Zag]FMXa]X_aekpxviU]^PBOQFOTTJHJV\abb\\Y]__UV_a][VKTTMRYZOO[`LQ^\ZWUNWZVPVXXQRQHIOUY[\ZM?>DMTSKJRVUOKT[SEHLKLY[WSVOSRNNQQOSYZSPHJQLJNKGKQPMBJSYYVLDQ]]\L@Q_]VVVWNHV`ab]NMLECMIGQVIGNHLRPMORVUOHEIOPPONHCPYUHIRRWXTSTPBMVPIFNYQ?GLYXQPSUPGS]WNSVRZWMSXYa_RTZSHVYTMJ>CLSSWZbYVSUU_WI=CMT_aMLWU\dabfXKCLWYUNMSXSKUWLCKKCOVRFMSNRUSVYZY]`_^]b]ZSOTZ]]VW^ZVW^_bdZU^\KS]XZVP`_VRYV^fa]^ZVabWZYVRUb`aa\ZWTRWWTTQ^cZ^eYV[_a[Z][ZZ`YX]YYXWYUQY[WOVUVYWRZgmcVR[UNXWSNMUWTUPY^WTbfih\X_VRSYZXQZ_WQMOU]^ZZSZbggg_Z]UU`c`\[`f`WYZTV\[TSVW`c]ekecika`fg[LIQV\WNVVZWVcgdUGZ^OSVPMFLYdd_\ZWVTWY_d\YVTU[\^][_]XV\W\`^XVVSSXW[XYVZegcZ`inkif`XWYXX[^ifYRRFFN[d\ULSde_XZXXYSOKP^daQU_]SYTOR\bZEEbWIMW[\Z[UUbhcVWba[S^gid`[WU[Z[bhc]`giiigba]Y`gkom^[YYZV__c`cb[DEQY]YQSchoqkbfe`\aee`ddfjdVVSTXSZbc`_hqphfi_]]]XX]cheXOUPMW_hnib_elolje_\UQRNT[XKQX`b^WQXUJV[`b`a\XTU]]\TNP[YOLTTVUAP\^\ZMPXULNT]a[[\]`f`SP\`]WU^aZWRUQJYZX[Z\XMOWVHGVXQHFJOQYWZYY]][RAMUY\[ZZXT]\WJFQ[YY_]YWUW^]ZXRSUZWTY`WJ]a__cfcTER[_^Z\b`bfpm`Y][X[\]`ce`Za^SY[VYTQ\_dd_WZf_RRRTWU_]WVYYa\HNRhxufabf_QU_[XYUVVOT]ZT\\TUXZ`dghmnj_Y[\ZWRSULTRVXSPZegYJSUKMSUUQZ\TTVUSNW^ZSUTSMZ_\UNM[UKIWXOLONGKWXSOUVHBHHSYVPPUQKHFEEGEOTSMLOPRWSMDHSTPKKOSMHMQQNPPRPY\PFKEBAJLHLV[VXOEHTVUTPX[SPXVXUQMHJ=;@QUSNEMIIR\[WURPTXOOQR\a_ZUQSPJHDORWWU]dYQWXLFOVM5KVYUAGLPQRW\WS]ZW``ZQWUWZRQ^_]XQVZWMH?QZ_edSKVTPTQTSPV[baTPRSaib\^XMJUWTFLQMJRUTWVS]aWSWSLKTRLNV\^\WU[YN[fcYLOXXQRXUT]ea^ae^TZ`]QDPPRUScgc\[[lglh[MX_YT^igRK_\W_b_Z[[^ce^Teh^W]ROQXcdYXVXSY`ebWTOIQTKRVWTUUX[ZSVWYXY``USUNHMTVMJOSRPYZX`kl^_cbTRb`WX`aX\][XZZW]\UPW[^][ZW\^cbbab``\[YUS[ZJNUT^c_Y]ainf]`a`__[TRZZU__YR]hhcRMUOU^YTSGQ`bgfa^`VGNVXYVXTQTS]_WLZa`S[bYU]]a]LOY_aYVUV]aYZdhcXQNU]`d^XU[ehf[YSNMO_e`[UXcaUWXZd`MO[ehf^abaQJPSUURX``TUOVagjd[ZfhaUK`ie_ZX[XZ\_`]_^\\`]QOPILU_bbfeejhda[VSLNJV[djijcMBJUYKIahnz~ud_`]SSNXfmmikgXQ_he]X_adekibbfmmnj^QJYUZ[TYhefijlqk[Vcgikjg\STROPUQROUVWW\UDJPSXWY[]]VWaXJJOVNT^_ZZ]aWX^]\^NDIUXWMRXVKHOKM[da[TINPLSbigZQRUUXY[`a\ZV^fbWSV[\XQMTVZXKW`bZQLRWZ\WQU\ZKX`YGG^fcPKWWSRONS]_ZWZ[YXZVLSVSLPX\_ZVV^c_SMSTehga]UZbfYPbdeif\ae_`_YY\VQRZ[_aa]RISSSOQ_^_]aYTX^]alxsgic[WQQ\`\[ZXQXYZ_][a_^bhmfdbUIX\WRZa^\[YHHFHV\_]\ZTRWQLQ[^ZXeok]\^WVLHU[SPZUPSQRRPPSONWPJRMNSRQRUSRSNQSLNNLGQVSUTJGH;CVXXZWG>CKI8IVSD6ALQQKKLMOBKLHQVPNKLMOLJEHV^[TVVVWULLRTHO\]VPPXSPWVCBKUWURUTIAIY`VQKQPJBIQSZ`[VEJNTQK?DKU[XZb^PMOK?7=HJUXTQKGMYYWZ\YRLUZ_Z]\SVXRTZ\`fe_WSZ`cVSNRVUMN[ZXNMWVQTX_^]ZY[]a[ZTUZOOR[YSPVQDMRSXVSTWUSUQKWTKLPX\]^\SNJTefVKGFIMWXOLU__W\de^ZVVYYYaf]XVg_b`_hjhb]^c\YbdeeW]knbW^dbb][V[^T\gcZUNYhh[VZa\POLS`a_XZb[NNV__XVUZbebd_QLWb`ZZ\SISYYREKVXQZcbfkgeggf]URQLNNQU]c`Z]b]]^Z]^YYWXdgaUTZ``]WNV_bc_^`WVY[beaUWVQX`a_ZT[\PUY\W]egrsk^XUSSVZ^^TQSRRWZ^`[JFRSQVTSZ^cb\\\XX\YVXWKSTQ\^[[LMMIPV^^W]`]_]\]VMMIKRRKNQRQV]VPSC:O^_WY[XXWW[\]`^[dd^^\VahbOIU[]b\\c_\aZXa^__[^ikbemol`WY^]VRTR\_bcc_[XZXX][X^_^die\ZRLMPZ]XXQOV_ejg`LKVZWXa\dz€whX]_][THQ^d_]\XZ\d_WMTPRORYPX[^`c_RXZLAYZGZkkks{|sdXTYY`b\]\YRPSQ^f__`]XUQOQLKHHV[]\[XRUYZUW[W]faS[`YLM_a_XNNX\\ZOT[XW[WNX]^\]XLFGM^a`ZU]a]UQVPU]`]^ceb_YUZ\[\]ZZ_bWJJGCLU^b^MRbegdUOY_ZRPSVNSWURV[ZYROPTQOOYQJQWP>HW][UQOTeh]NRWZcfgea_^[c]YjiWacgok`bZZcf`NPYZcdbUQXYWWUSQLQV\VKUa`VZgmpsqgdgeYbc]_`]ceckeXOX^emk^Y^[QPMUSMR`b[OSTIIV]`\PPRSSJINRYVV`haTW^WPOQX\VRXblpeXTPPVL?JNIIMOVWQDMY[]SMOJJPVWRHDHQKNTQPTSVULFCCKJGU]WDI^dZQWTT][WNVcgaXZTHQ[YMPRTYUJOOUQKWZ^^YUY\WVULF>GYbaXPOLPQW\^\OP[[U]df\KXYYXYVOV`\\abige\a^VYahgWSPT[a[RYbdfdbc^ZXVPZ_]^]be``_c`WUcdZ\]b_WV\XVUZb`]W]e^QVUJNTUdd[VTY]]RN[^_YPNag`Y]defeUUUKR[__^``WYfke_Z[X_bbcdbba\a]Wad^VX^hnhSNMO\\ZcebbaX^aWR[^PLYelbS_`t„rPO\][TIYXOEJOQTRRSSTNQ\\ZXWYV]``a_`]dkj^VGLQSYWXWV]]YSMSapqfUXSV[RUXQTYQKR^ZOTZXSOSSXa_a`[WZTULN\]VSSY\g`P\eeccXJVhg]ZYnpdURZaa]bihagon`W_aeb[U[RW`_Y]ZSO[^LP^ZUYWZYUQRNNQX^_[YU[XRU[]`YTbhfbcntturnjqpaVb_^Z_bdcaed\VSUYRVVRU[`]XVVNKW^\PUXQGKY`nsvq`QY`ZR[ZV[^VRKK[\]daSMPPVTQNSYYMRWU_dXO^]IDQW]`YRSUU[a^^aTLU[]dYN^`_[ab`SLMY]ZVdf`UY\WYVWVS[VKXXXZ]a_YQTSVcc_]VZc`YYPLDMSSRDWiifd_^\XZZUUYTTUQV\[_XKU[TV\UVURZYPIFIQZ_VRW^_YRZQO\[Y^eki\WSTcd^abfgcXYZV[^[LGOT[\UVZ]`ZSTSMY\\XPRZSLHYpwunlkimph_fgeb`ih]caURV\^_ZNX^`cdYTPMQ`b^[YUNPSUUVRXTV[QO_^OFM`ig]^cb]V\_TOcmqonebfQQN>CLLJIOUQOJ:GIMGLWZTK>KXWWXZU[[VTQRTWXPB?HOULGKHKWXNOTSPX]YFEUVRUWWRLNQLFMZYPGOMIHNJSUICAOVQLGDCJKINOCEIJN[\ST_\Y[WYUMZZ\WWUFLSQLMCJWWTXX[ZRPTUSQV\\QCGNU[SI_cH=KRZ`jkhcbX\`RJOIGUce[XXPLJIVfjcPDHWaWPOMR][URURYWWWXTWXXQQTRNKNLUTRIM^`VWZY]YZWTPRXTRPMOWTT^ec]_Z_YQVYY_b[VZ\Ya[S_a]\bXNTZ^[UTX]^aeVEIKXgda_[_Z[]`aZQRY]daa^Vceec_\^`WMOSSQYaVJTae`[RELV[V^fa[\TRUVZcghfaRXb]SVV\faOOXURY]^]YTSZ\[[_ed^_\Z][]ZPH_`V^bWT`gc[[YW`]Z``\URbhd\]Z\]cbXY`bYXeiy…lZ[ZVYZKSRWYOMU^TSZZ[VBWfg_RRPHRY[ZWNV_aWYXQPTZ\__^bgbWU^fmn`Q\[WOMX\[V]YRQ_aS\dh\TY_XTX_\TWXWYKDMY`ZRMT]XJORYaaZRZac_XTbSW\Q]hd`eqmh`SQ[`^]URZ_a^XYWPUX[[SVWSWURORSZ^WKV\aa\Y]]UPQ]^[^eaY\agacswsxzrlmiahqjYJT\XV_aa^VVWYPL[a_[\_RS^ZOXVWVVZ\]WSTYZYZYbhg\PQYXVULD@CPTUWRORTWZRRV]_a[LJT[\RQWVPLMRSPTWVPT`fba^TV[[\[WXcgjc^`aYSPUYehmk[LW_`^ZTTRRYWRPY[YKJWPINTV`e`STRPQ`d_WSTXWYZZ\[WWXTRUVZ[TQ[_\W\UZ]TSZca^SRUW\ZQNTTY[]RRWWQXZLB<;ST\__e`U[YY]Y]ZWWV]`XQRIHPTWZKSY[SXabYX_aU_e`[ZZZXUN]u|wkghcb]S\mtlenwvrli`fqofXSRZc_de`^_WMPZce^[^aZ][URNIWbZXac^WQV`\XTZTKJ[dcejqupaafAHWZWVQHCPUTOPSRM?=CPWL7COSTPPNSUVJMSYYY]^ZL6HWXVSQIW\YSEBTUVXQEQTLGPSUTKJLSZUPTVSK?NUWUHMWURXSOORUWXVRWYUNHJKGFJLBCGQOOOMLI>AKDU]ZTITTYb_WNOVRZZXQBMIDSTGMVV]c_QQSHDKW^\a^Y]_]_XQEFIEKTW`cZRVWQV^\OOVULSUYWKCDFD=LZ\W[YQKQWTORZWOPYYZ`a\^\WDCV]ZRLPTU[UKLQROPRKSYWSVZRKQRTRNSZXVX[^OZaXPVZT\hdMXZV`OQ_YQ\i`NVde^VTNRQP[edXbje`a^cfhd[^f^_]agjkaUSY^bb^XU[e`bed]dkkehdVSabckkcVT\^TPSURUW\bWRXZ\VU]bcklb^]aba`a[ZjhaVZSYYSPXZN=HSQOQ[XVceYFQW]cfheff\QQVWY`ca]^ZXV[eijlg`__WY\[XUW[[USUTQKAIP\`^Z[YVUSXb_Xacbb]\WNWXMJUbe[_`]YU[di]YZUOLOVSUVTWWTHKTTQScb[aa\[UXYelkaYUOQX[YYZP^a_][[QMMMV`_^W\aa^Y`a[WQXe`d^VUa^VQHSYRLY_`]XWVZaVUWIORNTVTQS]hgdcadfeYZfhggekh``dlpi]\dZ]ghc]W``]\X]m}ƒ}la_ae_\QHPURSUWZVVXPRZU\a\Y^^TCJVX]b_MEGZb^\Z[^[XZ[Z[[[UUVK@AIJLINSSPRJPQQVVTY`a\[SUY\Zb`\]\V[ddZWVYKO_b]QLQVY][PJGM]ZRPKMV_\_`TMTWWTXY_c`VKLQXada[UW^fd^SNUZWX\[SWeljaW[UOR]cd^SLQVTQT[XNKQMQVURINX[\QS[^XYXPMOU]aY]e^XZ]`QGZbYRZae_Y`_^cli\YX[_b`UVchcVMUOT^ebYXVT^]bgYSfid\cc_PK]i^Wii[ZihefgbgkeS_f]RI8?IJSXSDUbYS]\XUIHW[\_UHQRRSWbc`^`]SIMQLMS_\\]a\\cjidZRW_ZVQIRXdf[RLE>HMD8?KB@IL[]WVQJTVSRQFLDMURDNSVUES[Y\_[NGOUVZQNRSMIBQ[[XSKOOJTWPLVVKRPGMNJNODB?ACIEEKUVQKKOPNFKPJFKRUPTUTOJOICGLPVWRFIPMPO@=LQWTMNXYWXVMLVROMHJOPSZY[_]KNWOJQXZYQR\\NFQNGLXQIUSPSQX\][OO^b\UVTW]XW_]`^SMSTXYZVNN]_ee_UWUHO\ab^XLUYWSPSVRHMX[UT]`YVOMXSRY^[YYZXTMEJPMX_aYTX[X\c`UVSMQ^]WWOJURUWLFO`\NSXRQY^\^b`\`\U[cgc]XVX]]ehbXWFO^e]FIPUW^WUWROY^^[VJYgjd_eeTM[bc`ef`aaUNTVV[abegcYI?HSbe`bjebbacgeeffjie^XJI^e`\\YRMX\X`g]FNWTQW[dc\jndUZ]^Z[ahf_[_aXSWYajk^WZYSW\ZRQUZZ[XNKTSP[cklf\[RGUYQT[Y_hlaUTXQN[_VTU`]ZgldVP]f]YZSDAMRPOLRYPNOGFX\UTLONMZZZLGMT[WPTSOFNROJPWVTUMFLNILVXQKPSKGFGLQVXXNHOSMPZXPMNMNQHSWNCBRWNEIZa_WLEE?79=BJNMKKKPXZOGPQOOQVYSU[WSPIE:MYPLX[TKIHHNV_ec`YZ^b^XROVR]e_T^a[W[[SS\]]THQVWSZabXKLQVUTUWOKTUWS[UO\aYXOLVZU_de`]]UMMQUaaZQ]_WTTTS[]XSHKPV^b^VMJPHLSVX^`WW_WRYY_b_bVO\XUNJX`_hrqd^f`YaUXeaVOMFHW\TKVXWVV_XTTSZfh`]c^XZ^^ZZXXUY\\Zaiijkcac[NSVS]gjef`WXXXNO[d`XX\[RQR]g`^[[]`iijf]RSWJLVZ`b[QLQ^fiaWUZ]YSTUVUXWUPJSUGGRW\YYUO>Qbcac\X\[U[hmh`ce\LGNNTZWSbkf`]]\^`a]_^SJ@PZY[Yaig^RLAGW[]]]^]YNR[chdZVKORZbcbc\WYYVQUVSOW[USWZU[]RZ]^`a^_aa\Xce`\^d`_edTS:LZ]ZWOKOUXZ\URT\_]XUVKPT[ZY`\YW[^^be`ZOUbmnj`^[W\XVZ]YTYWQTOQ]b_Zbef`[U\gigklXT^[OTYVQP[bb^UPSQUMKU[^YRW`[MGT_YUDKTROR[\XTUY]XNPNUb\NWb^QW]PPVWTSWVILU[`]_gleVXYVRMT\`c\X_\SR[[VWPHRYT_igXFHO[XJOKVaYWedVOWacbb[PRWUTWY[Zcf`\acb^WDSYXZTICQYXUVUNTSR[UQ`e^OQ\_TH]_]fg`]\ZVI9Q\^[UQW__\\WRTRRVOP\]Y[ee^df^[X\VP\aZPRcni`^cefdec`c`MKYaaYSVTRVWWYULHbnpg`T^XET[_`^`hb[X_^_^itx~|ywum]XZ_YXPQTRXbda]b`QS[\age^UOLIHMLHMMTVPVVTU\\iql^[[Y[fhhbSV[UUZXXSJRGGDLOHILGJMLTXSSNIBLTYTEKWWMIRYZ^]VMJIHLNOXXROG?BNNKNHEONJTZRPRNWUMIGTWSOLMXYSNZYD;NOKFGRXZ]ULQRHIRWRIKJJMQQ\[WWZIJRNRTKJNPHTYRQV[XTRWWUOLU_cYEDH@HTWUOPNFCLRTSLQXSKLLT_cieZZ`\WQPPT[XRPNENL@LPWYXUV[WMKEU[VGHRMS][RQYWJOUHV\UTZSWaZQV[ZPRUVSIHZ`\XRUTVYSJKQEDQa_ZWRGAHRWZbaYW^c]TOSUQSZ[TQMLW]_WORY\RKWZXbZWQY`\Q]fea_[holdY^aX\kigfie^aYfrjWTWH=MUPKS\_ZOY[Zc^[^^^YOUVR[fidZTTWY]WXcjhaYUTWWXWPYbe_`\XWX\\^blhb^YSORZbh_X[_[bf__efdaS:N[]cd`UTXekplfZQKJO_d__c\]ca`dfXQ^ddaUMQajiVVX\\]TT`^__[UX\X]b[PRSOUZ^bghb\Y\efSOXVR\\WYbdaXKJPNLS^^\[[]_afbUUZQOVWZacd\WWXRPQQNPVXPZ^`ZRTQY]Z\^RQW`e]Z_`ad_[fkhBNBOZWVOF>HV\]ZSRX_a\SYaYUKOZ^_aXNVX^`^\UV_ik`ZZ`ZOZbe`XVURY[Y[`edb][^`UOP[gojbXZXOT]][[WU`b[RQX\^WOITX[TIKQVRNWecUSUYZZVTTSTZ_\]PLOJHNPQQXTSNCUZWORS]YRT__W`aZVWRXZ\]ZXYc`VXa[RXZX_ZUPMV^e_TQQTZ\RRWWXXRVYVV]cd]WZZX[VbieTVdd_Z_dbb]XZWDMTNJTWLJXWN^`TNK@ZddZXZ_ZQ]YSZfdZY^[RHR[_\Z]`Z\[WRNRNOZ^Zajkg]SPST\_PT]`bge_QYc]\aggd_ZVRRYcfbb^elaQTZ^WVcd`^gmmfVOSVfptpd]]]]\\\[diospcdpqsniejicYXZ\^^_jfo€x^QYcjlaPCHSWTSQONSPPYXTUYSS\]R^ll^daZSL[`b`cZSJMILGJOKDINMJNMOQJKMNKRX^`]UQPX\SV\[`]UMMQPHKOUVRIEHRSKJWWNICRX[_ZVUULGHEGHT\PGWXO;EOGNRNCNWX[UWL=8KPJIJHHMPCLY[__XPNPUTJSVTCQZVKGIOSV\[VTVQLR_d_VV[WRMRYWNFJIB@P\ZXWQOQOOMPZec[USWXUSSW`[OTQIQZUNJMNY]TKKOUMLRSMHQ][SRNR]`YRSJQ_d^UUPJMHKYZPWecYNRZbb[NXWPOVQMRONWbUISK4GU[[X[_ZY\]bYO\_SIV^^USSROUXDT]VXbdegbdhgif_cjee_W^c_a`d_[^b`]lkaZ^bipfI\dUZaXMXXUQRZadddTP`^caVSSTWX\ZUVTWSRT]`egdYVKS\cfX]kk`]Wbf^YYU]ghcYMVZ][elif_\^_Y^b[]b]QPPZdii\V]`c_cd^VVZW\]_cfbV\hnkdddUUVacYVSU_hZSXOOVZ\Z]_Z\\NT\ae`V\_VOM[fb``]]Vad^[`VUa_QJ[ghbYYXRHT[QVSTXZ[\URW`[P\^YYXYYY_`WJUZTLT`[VZ]ZLHP[ZUW^ZS^_Z\[Z`cd^WXgjY_WOSYNKSP^a\WRQTHX_XWYV]_^`baWLRdikcWLLRV_b^_\X\[UW^ZRJHKTURSVZ_aWSY_c]ZVegfbWKUV\faVJPV_c`[VZ\\ROWWONMGTafdVN^^N]_VUZ^XXUVVGGSQICF@AMNRTLMSQS[Y^\P@ILF@JV``XKOYZQGFGJIPTGEE@EEBR[YQWUKK[_]Z^]Y]QMMKKILROKSYWY][ST[bWKUXWTX^WQQLONMQU[Y[TOTVSSVXZUUNIJBQ]VNZ^]bd`UT\df[VZXZ_XLTYRJ\a]PEPZ[RPTUU^`^RLO[`ZSOTUY]cb\PJT[[SW[VQQKTZVW[YUVLKU[ZS\ZX_Y]`SV_^PWaa[_ba``_ceXbjaTRZgd[TLT\egc[\cjmeWUX`e_QQ]_WTS^a^XU[fe`ba]XY\bkeVW_\_d[VUWdqrh\T[__`Y_li``]`[PR[[_]YUEHWMQ_b```SSTQ]cd`]XLLQNRYTLT]deca]\^^\`a^PN^ge[_`cebZ_]ZXbe]UW[ZZWUVNIYcc\XWR\d]_aXUV[\VHB?LZ`df[Z_eh^QNOWZOQWYckh[WKHN]bU]_ON^b_WOT]\POV^][ab]`]YVVZZRT__QOVTOSW`aWOQOS]`TJRRZ^YY^bfaQFN\_bYPOJ\dcabWSVSW``V]ijefdb]XXR\ccYP8LRZ`ZYab^[ZYSNMMJLIGS\][XNSbjlf_dnslceh_TU][UMBHW`XHPWTPLL[aVGWYLVa_WRU[\ch[MTYUVYUMFIPSMLPYZY[\V\_\XNVb_Z]RX[ZLUcd]Z]_`]SUY[URVXX^acZRPZdecXUYYUZ]Z[UTKBYbXV_f\V^VU^_bZaeaUY^Z^ecVMV^[Zb^__][abWV[XY\bga[JPTNNSSSFR^[[]]ICU[_[QX[THJZ_XPUVRORQ]`VVXNOVUcpkWTRQ\_^JNW`fbigcge_aYS[YWQX\UKU\[]_`]WPXc^X\RV]`\Z\`UK[bUM\pwqf]^S@MZ]S\\S[\TQCHTZbdc\W^fhltoeagu„†{nmprqbS[eb\TBL\feZQVYZ\[Z]VEP_[YRJHLT[]WWVZba\]RKVURK;:JOVTMICJUZQPL:OOHJGISUV[ZTVUWPCJFHMNUTKNUWQSTMEPWQQQQMUVWYZQPRMFMSTTRQ`bOFRXSJ@OT[c`SNTTOJMET`abaZfslZ_ZURPSRafbZYYVMETWSF;DV`baWY\_\_bb]UNRZOJRSW]`b]XU`^SKWXSKMPZZVST]X^RSflf_YVTTRXWZ`a][^_[T]eie`ZT[YXT]^\YZ_`^[a[Y`fhd^Z\QOPRV]WRYWPSX_`dfft~‚}phjg^VWWVVRDFU[UIXaVQUP[he^_^XSQJNY[[PV^ZVOXYXVUTTMOLIKNMWX[]`^YVZYLWabaUWVV[ZTag`VRPU[YZWRRPTYadec[SMY\UNFKW[hkaPETZPJTWYae]JWSPTP[]VPUZ]\XXRP_[MW_\Z\WFJUVTZb_ZZV^bYSJV\YJEBKGITUUYa^NVb_TNVVPLNWabVPYOOYYWTT]ZVV\dkldYXXZb`e]RTbid\]X[[YVX[]\URSRLTZUVYX[\RNV[[PLPTU_hf^[QNZ]PYnwrh]SUZVST]`_dde\NW[SUV]ab_]Z`jlf\Z[`jrsbSQ[V_b[[`\`dafnqpeYOS\bdabZXce_SEMMOWUSUV[ab]OPHJVVK@OJKRXWLAJQPQDBSONPT[TMUSPWYXTNPXSHF?ANSQUURSQQZTRSPLQSUY\[W\\[YSRTNKJMMFTXMTZSD:8AOZ^^]WNGCIV``SKOTOE>9MY``\LFJMDKTSRRNDOWRNR[]VPJJRV\ZEAY]VPLIOHEQ[`cYRSURMKISZYUNP[ZQWWEBHQWZYORVSJMOMMLABRHD]e^__XX]ZXSXYWNWZ][TYZUVUKU[]U]a_ZYYUPW_\bb_\ZU^^TIHESUFHWZY\``c_R\WXYOVcf]ROMT^][`c]V\bXD>GVVQY]Zisribb]ceaXae^WWWS[_`\RNYXXWYXNXab`_`fjafon`WYSPILU]]``SHgqj]\bjfVWYbiia^efec^X`aeruppodMUde`\QJQLJLT]_^YZTXWNVSS^eda`\_[YWX__hg_YWTXbd_^^WS]b`adhccidHI[b\[T`be`XZ]]VV^ZPTdjh\VPR[ZbcZNMMR[[WO[ijbSdhic`\a_]`^ahib`ZZX_badiehla`bbXWRF[`Y`c]UUW\UKJ8AKGNHDSWVPY`\UXSQSPQ_XJZb`XXXV[ZOIOSJI[_Z_`[`ce^\^hlaRQY`ed[RWWRLSZWORSba\]]dba^]aVLXaceeb^`bcZXX[`ee^UQccURYSKZZUR^hr~zvxq_V^]XOKQQAIT[UZde[XUP\daXRPVYRMZ_WFCGGBQXTZWXbbZZ`cdaUX_WS_Y\ad_XRJOVRORQ[`\W\aTLPZ\OELNQKQX]XVfif\TZQ?GR]W[ee\PTWXRMT[[]WY`^W`f\RZ`^^VPUZX`k\E^fbZ\\TV`b\LYbWLIUYTYVT]`WVJLJKV^\WVOELTP=?SZ[_[VTVUNYWKV`]OL[cc`emrkZR\ZQ]`Y^ZSSNKJY__YWVSSUWPRTWZ]ZQLVacb]ZVLTYY\]bfg_OSZYMAPatyhIV_^\[\\aa[R[b__]^X[a[QX^]bgd]YYWR\aVZ[V[XNUkj[PSW\`bdjjkgZYdkic`aXRR^cXFR\a]T[`_bZMGUWUXVHS[ZQOQUVSPLLODDKKHDDORW[TERYRQNPWWPJKI?LYWRXZXJHMWYRNSNW`ZWNSUSSQOMMUUDAIIEIPUVIE8HRNONQZ[R<8LZ^\WRR[ZTIFGNW[QNQX``VGLPNJUXQJR\aXMSXOIRXM7GKNRPCKVWUNHWZYVZWKNPW]]YSQPR?JX]_UI?:8IOVWNDFPUTTWVNS_cUY`]LIQY\ad_RSVWZZQONMPLV\ZNW^UEQ[\Z_b`a]VVPPTYVMWUXZMKWTKW\[Z[Y]][\VYaeZQUZX\\YQSWW`g_TKJPX_Z^`hqhXdb^b]UP[__]_ZZ`ee]UWQRU`if^Zb_\ekkh^T`g_[\\[YVTUTYZZ\bffdgdac^ZU_dbccadb\ahighjcZbfc[\YYYYT[a[TW]_VJYe]WWTVY\XUQW[Z\aaWKUSU^mjgd`\d`_WNPahedgf_[ca[VRV]`Y]c_UT\`YOU\ZR>M]gibTVZ[WLGXZTPQVZW^a\Wank`RKXf\SWZ^ff`XU_]OQR`ji`c^SXa[WSQ]_SXa]_e_XSPSZ][UQRU]\`^[ZPMXRLPQEPUSVZQMWVIXYWO>>KRW_b^[SVX_][W`ga[_`a_^^ZXTHFPWWRDIWS\b_Yagg_WLN\`_]]ZYacb`[Yaedcghff`YVYZPYbc_`fikfbpzv^SZRWbbYSQVRKQcjg\P]bYUSOZ\HKIJZ[OLPORLWZ\aY^d_UU_d`[SS`\X`YSRQNT[\VULNY`a]\\_ZUVZ_^YSQUSSVXLOS`ppfR\d_ad]Z]^UPMO[`YKKZXZ]Wagc^XZahbba]UPJIU`^Yaec^\ZWY]YSWZ[XX[_]TQRPW[UXW]^\^`]UWTKQOLSVVSUZZX]`WMDNSTWRZ^\[^]holec``^UUYdf[TJUWag`a^PS[XNSNRX^`VOX[`gjd][[Z[ZXY]a[RDN[`\YQYekgUSNK^^ZXY^XXYhvukQ>MVZXNQZ\]_gbRKNU]aceeZZ\XQdmgYYVQ\`ZYZcdW_gh_UVWWbgb]WQX_\]ZXXU\YRRWJNTQLSWUNKINPTWXKHISSNNQVTNGIAAMOPOHLMILHFQMGQOENX[LGNVXUOLOSXXOJTZXZWFKMKUQEMMCV[^_XURVXTDBRYUMFNLLOY``\`_TPTJHMQHANUUUIDV^YSUQPGFQWLM]\LY^YRECJIMTOTXUVQMX^[[aZRVXWYWMTZXPACMV[YOVVFDO^eaX??OWRW^ZT]cYO]YIQQ_e^\c_JI[SFKZYVUYUNTVSTOMRWUWfh]]a`^RPVTWWbaT[[RDKNRUZUTZcgc[YXY_`\^\WXTNPO\cef[UYPRZ\S^cmgTNaga\`gc\\ZUTQPYY^d^WL\b][\\VYT`ih`d`MVfcZZ^[XYbd`U_b`ecgfgfd^ZUTV[PUW[fhaZhiimc\_b\]cZRW`g\VacZ[\[VOS\XW`^VS^`VYeic^a`X__[Xctvonh\NHXXV^dgdc`\VY\XYba_cbTUced_YZ]YUVT[WTV[fbT\b\RU]f_PY]_ZW^a[JWjicSIV^RPSFANXX\^_b`\]]XMKYaZOS^X`fc`_`eiljcYTYZ`a\SIU[YYdcVY[VTWUNHGPXVU]YRYG@VUU[]_SQ]_[ZZSSXXjh^ae^V\^NPUOOS^VKMX]\ZTV\bacdeecaVOGMPX[bh`UROX^agi`Xcfbc^ZZTUZ\^_`agib\hrxxlcbZPX_eegh_ROQUYYR_aZXYKXc[^ccf__XW\_Z_hg\UVZXQGIV[Y_dmkbTUQSQF@QYYSJNIHU\ZVbc`d^WSWZWVVYZ]UJMXbih\QW^c`TXfk_ZZU\`^SOPKIYfdd[LJMVc^\]W\YU]cehcY[cdb_]W^_UT[^_a_ZSI>R\XSYXOL[iiZV_SGQZUP[_]WSNQWWUSPU]_XUS\[RT`]UafgiiaSRULZ_YYSNReicYUW]ZTQ\[KS^aZTVae]Y[YZPOWZMS_c^VRJVbba_ZYWWUYTRTSVXVZaa^lxxqfVI@JXXLQblk^WUTZYMRZ\a[YYULV`c\XRQNE>QUTX]ebbhf`c^_lg_b`_`]`bZ[ZNG?DHOX[NBGIFJQQOMFIPG@IRNUZXXXOHDHNU[ZSIKG7BLSTHEMMNGCIKSSMKSSQOTQJPQTSHNSLJOPOQQOFFUY\]\YVVTXQMMOQUVWUNMSUY\Y\\YUWOBQRQRRRUMU^^^]XTMFCBMWQI@=LUUWNNPQU_[UQUZWTRUVSTYQMOJORNEWXZXSM>DLOOYTIHZce^GRZbaYTO]a]RGRPJQ\fkmjkgZQRUUPPW``YWZc`RBOYVOW`cf`Y\\]UOU[YV[]UVNKKNXbdgd]YY`c^QRWUS[fg_[][_fba`a``]XXUHQ]fe\SW_heZYeia\YLO^^_\Y\SDN\c`]ZWOUS^fdU[_\]ef_SPR`gdd`^aa\PQ]^^]\_^^`\`_ajj`__]UXcidcd`VPQPQQOVZUPY[Y[]_YQSUS\ega`c_Xcgc^]__abda[akfbVZ_`abfdefgjmb\ge[bhfha[TZ^]]]UOXYQORXWV\\]aWT`cYZ\YX[ca`]XUafafheb_[ZWVV\b`VV^a`YRXgicbWEKUYOY^S[lkYSZYQZ[Z^[UZYWWQIV`ZZgeXVVV[]XUWOLPMNRTSTRNLKQZacZVYQEMWUQ[RUYc[X`[[`WVc\IKVVUYZYYX]\]\cjhef`QSZXNIKXX\^UWVVU^ed`X[[PQPZ\VS`fjjmnpndhqpehha]_\^_ipmi]RPPU[QG]c\Z_[VMT^ejjdicVKIL[^ZXXWYXPMHQYYY]YXSRWWYUOLRSLMTTUXWXTJKOLX][\`^ZWY^`_UR`cPO[[X^b_ZVYabVGV_\^TSU\`c_cf[IP]dYJKKLQYWQ\joia]Zahjih`TONTZYMOZ_d]P\\F7JNLQKV_[LV\YYW_ba]WVXQK]d\TWXZ\OFNWTRVaa[[TT\\RMOUNPW[Z\b[`gf_PZa`WTWWU]ba[XZhojaba_TUZ^ZSY^]ZXSXabcbagdVQU_a][eg`^bile_aeeXVZXVUZbittj^ZOYZVYYUT[_`]V]`daUKNHEGNJ;EU`]YehgjiefddgbWYYT_^a`Q8IY\WHJG?=EMQSQNRNJJOPWXXWYVSSLLMSZ][YPDKLFJS\W?DSUVKKOLVWOHDJNNUPHUXMGLLQSOLPOLLNMPEGSV[]ZSJPMMPJICEANTQV\^\]Zbb]YJ